Is the Federal Home Loan Bank system good for banks? a look at evidence on membership, advances and risk

Since the early 1990s, commercial banks have turned to Federal Home Loan Bank (FHLBank) advances to plug the gap between loan and deposit growth. Is this trend worrisome? On the one hand, advances implicitly encourage risk by insulating borrowers from market discipline. On the other, advances give borrowers greater flexibility to managing interest rate and liquidity risk. And access to FHLBank funding encourages members to reshape their balance sheets in ways that could lower credit risk. Using quarterly financial and supervisory data for banks from 1992 to 2000, we assess the effect of FHLBank membership and advances on risk. The evidence suggests liquidity and leverage risks rose modestly, but interest-rate risk declined somewhat. Credit risk and overall failure risk were largely unaffected. Although the evidence suggest FHLBank membership and advances have had, at best, only a modest impact on bank risk, we caution that the 1990s constitute one observation and that moral hazard could be pronounced if leverage ratios revert to historical norms.Government-sponsored enterprises ; Federal home loan banks ; Bank liquidity

Correlation between Fitness and Fatness in 6-14-year Old Serbian School Children

Lack of physical activity and/or physical fitness are some reasons epidemiologists suggest for increase in childhood obesity in the last 20 years, with clear correlation between body composition and physical activity and/or physical fitness yet to be determined. The objectives of the study were to (a) investigate the prevalence of overweight and obesity among Serbian school children and (b) determine the relationship between indicators of physical activity and body fatness in Serbian school children aged 6-14 years. The study subjects included a representative sample of Serbian elementary school children (n=1, 121—754 boys and 367 girls—aged 6.2-14.1 years), all of whom were recruited in the OLIMP (Obesity and Physical Activity among Serbian School Children) study. Anthropometric and physical fitness values, including body mass index (BMI), waist-circumference, body-fat, and aerobic capacity, were measured in all the children. Significant differences were found between male and female children regarding the prevalence of obesity (6.8% vs 8.2%, p<0.05, boys and girls respectively). Boys had significantly lower body mass, BMI, waist-circumference, sum of six skinfolds, and body-fat compared to their female counterparts (p<0.05). The highest level of weight, BMI, body-fat, and waist-circumference observed in a 14-year old girl (96.3 kg, 40.5 kg/m2, 54.5%, 91.4 cm respectively) implies the existence of extreme obesity in Serbian school children. The negative relationship between body-fat and maximal oxygen (VO2max) uptake was moderately high (r=-0.76; p<0.05). The study has shown a high prevalence of adiposity among Serbian school children, with a strong negative relationship between aerobic fitness and body fatness. Data of the study emphasize the necessity to identify children with weight problems and to develop early interventions to improve physical activity in children and prevent the increase of childhood obesity

THE DYEING PROCESS OF KNITTED FABRICS AT DIFFERENT TEMPERATURES USING ULTRASOUND

The dyeing of knitted fabrics made from 100 % cellulose using on-line procedure vinyl sulfonic reactive dye, with or without ultrasound energy, is carried out in this paper. The impact of temperature has been observed. The dye exhaustion is monitored using the method of absorption spectrophotometry, and the quality control of the coloration is monitored using color measurements. The acting of ultrasound on coloration consistency, as well as on some mechanical characteristics has also been examined. All examples of the ultrasound dyeing process show greater dye exhaustion in comparison to the conventional procedure. In addition, all the samples, which have been dyed with the ultrasound energy at 40°C, are significantly darker and have deeper color in comparison with the referent sample. The temperature has a great influence on kinetic energy of the dye molecules, and therefore on the diffusion processes in the dyeing system. The exhaustion chart indicates that when the temperature is lower the exhaustion degree drops. However, all the samples dyed with the ultrasound energy have bigger exhaustion. Besides that, ultrasound energy contributes to warming up the processing environment, so the additional warm up with the electricity is unnecessary, unlike the conventional way of dyeing. Since the reactive dyes chemically connect themselves with the cellulose substrate and in that way form covalent connection, the dyed fabrics have good washing consistency. Analysis results indicate that the consistencies are identical regardless the applied dyeing procedure. In other words, the dyeing method using the ultrasound energy produces the dyed fabric of the same quality. After analyzing the results of breaking force and elongation at break of knitted fabrics, it is noticeable that there is no degradation of previously mentioned knitted fabrics features (horizontally and vertically) during the ultrasound wave’s activity

DYEING OF KNITTED MICRO-VISCOSE IN THE PRESENCE OF ULTRASOUND WITH DIFFERENT FREQUENCIES

In dyeing process, the object is to transport or diffuse dyes and chemicals into the fibre. Various novel processes, including ultrasound, are being introduced and studied as more environmentally friendly alternatives. Encouraging results have been reported for the use of ultrasound energy in dyeing processes of micro-viscose. The recent studies revealed major ultrasound applications advances: savings of processing time, energy, chemicals, as well as environmental protection. Influence of various ultrasound frequencies (40, 200 and 400 kHz) on dyeing of micro-viscose knitted fabrics, by a reactive dye has been reported in this work. A method of reflection spectrophotometry has been employed to record reemission curves of the colored compounds. A software packet has been employed to calculate CIELab colored coordinates. Then, a comparison has been made with samples colored by conventional procedure according to CIELab76 and CMC (2:1) criteria. The use ultrasound in textile dyeing processing offers many potential advantages. The results prove better dye exhaustion by ultrasound and consequently the better fixing. The exhaustion for the bifunctional dye (containing two vinylsulphone groups) reaches 71.75 % without ultrasound, and 83.69 % with 400 kHz ultrasound. The 40 kHz, 150 W ultrasound causes a cavitation of higher intensity, compared to 200 and 400 kHz ultrasounds. In this particular case, destruction of cavitation bubbles is very intensive. That is why a large amount of cavitation energy is being transformed into a heat, yielding the additional bath heating. The ultrasounds with higher frequencies (200 and 400 kHz) cannot use such a strong power. The applied powering this case reaches 0.6 W. The cavitation bubbles are now smaller the cavitation disintegration is not so strong, and the energy loss is much smaller, i.e. a smaller amount of energy has been transformed into a heat. An ultrasound of an equal power, but of higher frequency contributes to the somewhat higher exhaustion and fixing. The ultrasound dyeing produces much obscured colours, compared the standard. The differences are evident and not negligible. The comparison of the samples treated ultrasound of different frequencies during dyeing revealed the higher coulours intensities with the increase of ultrasound frequencies of the equal power (200 and 400 kHz). However, the increase is not so expressed

Medical data processing and analysis for remote health and activities monitoring

Recent developments in sensor technology, wearable computing, Internet of Things (IoT), and wireless communication have given rise to research in ubiquitous healthcare and remote monitoring of human\u2019s health and activities. Health monitoring systems involve processing and analysis of data retrieved from smartphones, smart watches, smart bracelets, as well as various sensors and wearable devices. Such systems enable continuous monitoring of patients psychological and health conditions by sensing and transmitting measurements such as heart rate, electrocardiogram, body temperature, respiratory rate, chest sounds, or blood pressure. Pervasive healthcare, as a relevant application domain in this context, aims at revolutionizing the delivery of medical services through a medical assistive environment and facilitates the independent living of patients. In this chapter, we discuss (1) data collection, fusion, ownership and privacy issues; (2) models, technologies and solutions for medical data processing and analysis; (3) big medical data analytics for remote health monitoring; (4) research challenges and opportunities in medical data analytics; (5) examples of case studies and practical solutions

Morphological Characteristics of Breast and Thigh Muscles of Autochthonous Breeds of Chickens

Morphological characteristics of skeletal muscles of autochthonous breeds of chickens are very important for meat quality and comparison with current hybrids for intensive production. The autochthonous breeds used in the experiment were Sombor crested and Banat naked neck, both sexes. For the purposes of morphological examination, tissue samples were taken from the thigh muscle (m. biceps femoris) and muscles of the breast (m. pectoralis profundus) of 5 male and female animals of each breed. After a standard histological procedure for conventional light microscopy, samples were stained with hematoxylin - eosin. After the processing of the samples for the histochemical analysis, samples were stained with the enzyme succinate - dehydrogenase (SDH) with the aim of determining the presence of different muscle cell types (red, white and intermediate). Morphological parameters, in this study, were diameter of muscle cells, nucleocytoplasmic ratio of muscle cells, volume density of connective tissue within the muscle and the presence of red, white and intermediate muscle cell types. Comparison of diameters of muscle cells thigh and breast muscles between Sombor crested and Banat naked neck have showed that kind of muscle, race or gender have no significant effect on the differences in this parameter. There were no statistically significant differences in the nucleo-cytoplasmic ratio of the volume density of the connective tissue of muscles. Red muscle cells were, in both autochthonous breeds, significantly more represented in m. biceps femoris than m. pectoralis profundus. The results of this study indicate that no differences were observed between autochthonous breeds in morphological parameters for examined breast and thigh muscle

Biosorptive removal of Pb2+, Cd2+ and Zn2+ ions from water by agenaria vulgaris shell

Lagenaria vulgaris (LV) shell was used as a biosorbent for the removal of heavy metal ions, Pb2+, Cd2+ and Zn2+, from aqueous solutions. Experiments were carried out under batch conditions. The effects of contact time, initial pH, temperature and stirring speed on removal efficiency are presented. Sorption of the investigated metals was fast, reaching equilibrium after about 5 to 10 min, depending on the metal. Biosorption was highly pH-dependent, and the optimal pH for investigated metals was in the range of 4.5 to 6.0. The effects of temperature demonstrated that biosorption of the metals is a chemical process. SEM analysis revealed interesting morphological changes after acid refinement of the raw biosorbent and metal uptake that is related to the chemical nature of the biosorption process. EDX analysis of Lagenaria vulgaris biosorbent(LVB) before and after metal sorption revealed that the ion exchange mechanism was the principal sorption process. Fourier transform infrared spectroscopy (FTIR) analysis has shown that major functional groups (carboxyl and hydroxyl) on the biosorbent surface took part in the metal ion uptake process as active sites. The results obtained showed that Lagenaria vulgaris based biosorbent could be used as an effective and low-cost pre-treatment step for removal of toxic metals from wastewaters