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CIRCULAR NO. 15. , -rr' 1 V\<4'\ s'\ t>*\ W 5 Mot OMciaS <c»* J FEDERAL RESERVE BANK OF N E W YORK 6 2 CEDAR STREET NEW YORK, January 20th, 1915. To THE CASHIER: SIR: You are advised that the second installment on your subscription to capital stock of the Federal Reserve Bank of New York is due on or before February 2nd, 1915, and that the amount to be paid should be one-sixth of the par value of the amount of your original subscription. The law requires this payment to be made in gold or gold certificates, and you are requested to make such payment, so far as may be practicable, in gold certificates of large denominations from the reserves held in your own vaults. These should be delivered to the Federal Reserve Bank of New York at 62 Cedar Street, New York City. Fractional amounts which cannot be paid in gold or gold certificates may be paid in lawful money. All gold coin received by this Bank will be weighed and if the abrasion exceeds the limit of tolerance the gold will be taken at its bullion value. Unless otherwise requested, certificates of payment (which are not transferable) will be mailed to member banks, at their risk without registration. A form letter to be returned with your remittance is herewith enclosed, which you are requested to complete by filling in the blanks. Please advise this Bank in a separate communication, of any increase or decrease in your capital or surplus since the date of the payment of your first installment. The necessary changes in both the first and second installments will be adjusted subsequent to the receipt of such advice. In accordance with ruling of the Federal Reserve Board, this Bank will no longer pay express charges. Respectfully, B E N j . STRONG, JR., Governor. , i9i5- To THE FEDERAL RESERVE BANK OF NEW YORK, 62 Cedar Street, New York City. DEAR SIRS:— In accordance with your circular letter of the 20th inst., calling for the second payment upon the subscription to the undersigned Bank of stock in the Federal Reserve Bank of New York, we herewith remit to you $ as follows: Gold $ Gold Certificates $ Miscellaneous $ For your records we hereby state that there has been allotted to us, pursuant to the act of Congress known as the Federal Reserve Act, shares of stock of the Federal Reserve Bank of New York, at par value representing a sum equal to six per centum of the paid up capital stock and surplus of this bank as of the date of such allotment, which were as follows: Capital at date of allotment $ Surplus at date of allotment $ Total $ Yours truly, CIRCULAR N O . 15. FEDERAL RESERVE BANK OF NEW YORK 6 2 CEDAR STREET N E W YORK, Jan. 30, 1915. To T H E C A S H I E R : SIR: Since the Federal Reserve Bank opened on November 16, 1914, daily statements of your account have been rendered when the account showed either a debit or credit entry. Hereafter unless otherwise requested, statements will be rendered monthly through the close of business on the last day of each month. Unless otherwise instructed, your canceled vouchers will be returned with the statement by first-class mail under seal, or, if the package is large, by express. Respectfully, B E N J . STRONG, J R . , Governor.
@FedFRASER