Full text of Records of the Federal Reserve System, Record Group 82 : System Open Market Account - Federal Open Market Committee: Monthly Report on Foreign Acceptances (1936-date), Box 1454, Folder 2

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Reproduced from the Unclassified / Declassified Holdings of the National Archives




DECLASSIFIED
Authority E .0 •

Fe d e r a l R e s e r v e B a n k
of Ne w Y o r k

November 28, 1959

Mr. E. L. Smead, Chief,
division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, 6. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign barks, by
countries, (exclusive of bills purchased under the
Hungarian Credit) from October 1, 1939 to October 19,
1959, on which date our bill portfolios were liquidated,
and the total allotment to each Federal reserve bstnk.
Very') truly yours,

>i J. Cameron,
['anager, Foreign Department,

teproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority £ .Q * 11^5%

:./4N ;< - 1n *r

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED FROM OCTOBER 1,
TO OCTOBER 19, 1939. *

Bank of England
Bank for International Settlements
French Bills

$ 82,750.00
-0$ 82,750.00

SCHEDULE OF EACH FEDERAL RESERVE BA N K 1S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7. 25?
9.7
9.3
4.3
3.5
12.1
2.9
2.3
2.9
2.9
7.2
64.3
35.7
100.0$

* Bill portfolios liquidated Oct. 19, 1939




5,958.00
8,026.75
7,695.75
3,558.25
2,896.25
10,012.75
2,399.75
1,903.25
2,399.75
2,399.75
5,958.00
53,208.25
29,541.75
$82,750.00

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E

/
Ib B C 'B IK WJXM*

^ V

O V I 1939
2 "I 5 n ,%
^r"

Fe d e r a l R e s e r v e B a n k

n

/fO

of N e w Y o r k

October 24, 1939.

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume of
acceptances purchased through foreign banks, by countries,
(exclusive of bills purchased under the Hungarian Credit)
during the month of September, 1939, and the total allot­
ment to each Federal reserve bank.
Very tmuly vours

D. J . Cameron,
Manager, Foreign Department.
Enc.




^

/

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .Q•

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
SEPTEMBER 1959

Bank of England
*Bank for International Settlements
French Bills

-0$187,279,44
1187,279,44

SCHEDULE OF EACH FEDERAL RESERVE BANK'S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.2$
9.7
9.5
4.5
5.5
12.1
2.9
2.5
2.9
2.9
__7.2

$14,185.29
19,110.75
17,416.99
8,055.02
6,554.78
25,859.17
-0-05,451.10
5,451.10
15,484.12

64.5
55.7

115,506.52
75,775.12

100.0$

$187,279.44

* St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro
rate share of St. Louis and Minneapolis in addition to
their regular share. New York assumed the balance.
ft <@




W111111

'I'1 II "■ I" I

.

Reproduced from the Unclassified / Declassified Holdings of the National Archives




DECLASSIFIED
Authority

E

•12^5%

«*. «■

fj

d

„ «■„

-»-■---- . i n ? — a?*— ™-

i;/ ,

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HFP 9 7 1939 t ^ ^ s’
I a v.. "i m "v
f
t
^

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y'**7
Fe d e r a l R e s e r v e B a n k
of N e w Y o r k

September 21, 1939*

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, (exclusive of bills purchased under the
Hungarian Credit) during the month of August, 1939,
and the total allotment to e%ph Federal reserve bank.

7?

//
Very/truly
yours,

D. J. Cameron,
Manager, Foreign Department.
Enc.

£

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .Q•

REC*D IK FILKS SS0T1OW

SEP 27 1939

SCHEDULE SHOWING THE TOTAL VOLUME OF
A C C E E T M C E S PURCHASED DURING THE MONTH OF
_______________
AUGUST 1939

Bank of England
*Bank for International Settlements
French Bills

-0$78,922.90
178,922.90

SCHEDULE OF EACH FEDERAL RESERVE BANK'S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
-Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.2 $
9.7
9.3
4.3
3.5
12.1
2.9
2.3
2.9
2.9
7.2

$ 5,977.94

New York

64.3$
35.7

47,833.59
31.089.31

100.0$

$78,922.90

8,053.61
7,339.83
3,393.69
2,762.30
10,046.25
-0-02,288.76
2,288.76
5.682.45

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumed the balance.

Digitized
~ M ffor( FRASER
L


I

Reproduced from the Unclassified / Declassified Holdings of the National Archives




DECLASSIFIED
Authority E .Q • U^S%

SECTlau I
f’^UG Pf) loon
.

^

s ^

Fe d e r a l R e s e r v e B a n k
of Ne w Y o r k

August 21, 1959.

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of G o v e r n o r s of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Sinead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, bycountries, (exclusive of bills purchased under the
Hungarian Credit) during the month of July, 1939, and
the total allotment to each Federal reserve bank.
Very/^ruly yours,

"5

C» ^

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E

|I f?$n *n
0 "TkT r’
xues SSQTTGN S

|

AU6 29 193Q

/
SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
________ JULY 1959

Bank of England
*Bank for International Settlements
French Bills

$82,750.00
450.851.28
$515,581.28

SCHEDULE OF EACH FEDERAL RESERVE. BANK'S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.2$
9.7
9.5
4.5
5.5
12.1
2.9
2.5
2.9
2.9
7.2

$ 58,590.88
51,990.49
47,763.06
22,084.00
17,975.54
64,854.12
2,599.75
1,905.25
14,895.86
14,895.86
56.977.85

New York

64.5$
55.7$

$514,526.46
199.254.82

100.0$

$513,581.28

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumed the balance.




i

p
Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority E. Q*

RSC’
D in FILES SECTION I

| W AUG 4 19^9 /V
'{ 6 3 3 s* 3 ^ ' ' / - /
July 31* 1939
'£

!Um
Mr* Snead

The regular weekly statement received from the
Federal Reserve Bank of Heir Tork showing the participation
of each Federal Reserve bank in foreign accounts* received
as of July 26, indicated that the Federal Reserve Bank of
Boston does not participate in foreign loans on gold, nor
in the Banque Centrale de la Hepablique de Turquie account*
AssmLng that perhaps the Federal Reserve Bank of Boston
gave Hew Tork the reasons for their not participating I
talked with Hr. Casieron on the telephone about it on July 31
and he advised me that they had no information as to the
reason why Boston did not participate# I then asked him if
their reoords gave the reason why St. Louis and Minneapolis
did not participate to demand deposits i?ith the Bank for
International Settlements or in acceptances purchased by
that bank* Re looked up his records on this matter and later
called and talked with Mr. Van Fossen in my absence and
told him that St. Louis and Minneapolis had not participated
in these accounts for a number of years for the reason that
when they were opened the reserves of these banks were not
such that they wanted to take on the additional obligations.
He states* however* that at some convenient time they pro—
posed to take up the question with St. Louis and Minneapolis
to determine whether they now wished to participate* Mr*
Casieran also stated that Governor Harrison intended to ask
Governor Young for the reasons for their not participating
in foreign loans or gold and in the Banque Centrale de la
Republique de Turquie account the next time he saw him,
I ■

*-

3 o7 . i - c




Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .0 •

iA,

\A ./

/ /
V*

***/

Fe d e r a l R e s e r v e B a n k
of N e w Y o r k

July 19, 1939

Mr, E. L. Sinead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Sinead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, (exclusive of bills purchased under the
Hungarian Gredit) during the month of June, 1939, and
the total allotment to each Federal reserve bank.




Ve^V truly yours,

J. Cameron,
nager, Foreign Department.

y.
V'"'

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .Q •

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
_____________ JUNE 1939______________________
Bank of England
*Bank for International Settlements
French Bills

$

-023 <364-*4-9

| 23,36^.49

SCHEDULE OF EACH FEDERAL RESERVE BANK* S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
$ 1,769.72
2,384.21
2,172.90

1.2%

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

9.7
9.3
4.3
3.5
12.1
2.9
2.3
2.9
2.9
7.2

New York

64 .3 $
35.7^

BVWf m - ’r,

'jikjciQi* qi

2,974.12

0-0677.57
677.57
1,682.24
-

'*0

!!'14rfj

14.,160.76
9.203.73

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements. Boston,
Philadelphia and Chicago have taken their pro rata share of
St. Louis and Minneapolis in addition to their regular share.
New York assumed the balance.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .Q•11^5 %

REG8D IN FILES SECTION
^

JU N 2 3 1939

/

Fe d e r a l R e s e r v e B a n k
of N e w Y o r k

June 16, 1939

Mr, E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear M r . Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign hanks, by
countries, (exclusive of bills purchased under the
Hungarian Credit) during the month of May, 1939, and




the total allotment to each Federal reserve bank.

J. Cameron,
[anager, Foreign Department.
U

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority £ .0 • 123SS

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
______________ MAY 1939______________________
Bank of % gland
*Bank for International Settlements
French Bills

$

-0426.594,59

$426,594.59
SCHEDULE OF EACH FEDERAL RESERVE BAN K1S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.2$
9.7
9.3
4.3
3.5
12.1
2.9
2.3
2.9
2 99
7.*

$ 32,311.98
43,531.41
39,673.30
18,343.57
14,930.81
54,302.08
-0-012,371.24
12,371.24
.. 3Q.714.81

New York

64.3
35.7

#258,550.44
168.044.15

100. 0%

$426,594.59

* St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago have
taken their pro rata share of St. Louis and Minneapolis
in addition to their regular share. New York assumed
the balance.




Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .0 • 11^15%

4 *>t■■/ v

-HO

.Vw

Fe d e r a l R e s e r v e B a n k
of N e w Y o r k

i

/p




May 16, 1959.

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Sinead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, (exclusive of bills purchased under the
Hungarian Credit) during the month of April, 1959,
and the total allotment to each Federal reserve bank.

Enc.

D. J. Cameron,
Manager, Foreign Department.
L'

- / sii.

pi.-.

Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED
Authority E .Q • U ^5 S

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
_____________ APRIL, 1959____________________
Bank of England
f 82,750.00
♦Bank for International Settlements
French Bills
70,472.64
$153,222.64 X
SCHEDULE OF EACH FEDERAL RESERVE BANK'S
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

New York

7.2*
9.7
9.3
4.5
5.5
12.1
2.9
2.5
2.9
2.9
7.2

111,295.88
15,218.06
14,249.70
6,588.57
5,562.79
18,985.55
2,599.75
1,905.25
4,445.46
4,445.46
11.052.05

64.5

95,920.50

55.7

57,502.54

100.0$

#155,222.64

* St. Louis and Minneapolis did not participate in bills
purchased by the Sank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumed the balance.

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .0 •

April 19, 1939.

Mr. S. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Sinead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, (exclusive of bills purchased under the
Hungarian Credit) during the month of March 1939, and
the total allotment to each Federal reserve bank.




V e$y truly yours,

D. J. Cameron,
J^anager, Foreign Department*

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .0 •11^5%

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF MARCH
1939_____________ __
Bank of England
*Bank for International Settlements
French Bills

I

-0-

349,361.95

SCHEDULE OF EACH FEDERAL RESERVE BANK £8
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

New York

7*2$
9*7
9*3
4.3
3.5
12.1
2.9
2.3
2.9
2.9
7.2

$ 26,468*07

64.3

|211,741*29

35.7

137,620.66

100.0$

1349,361.95

35,650.29
32,490*66
15,022*56
12,227*67
44,470.98
-0-010,131.50
10,131.50
25,154.06

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements,
Boston, Philadelphia and Chicago have taken their pro
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumed the balance.




Repitxiueed from tHe Undassifted/Declassified Holdings of the National Archives

DECLASSIFIED
Authority E«Q*

Fe d e r a l R e s e r v e B a n k
of

Ne w Yo r k

March 16, 1939.

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, (exclusive of bills purchased under the
Hungarian Credit) during the month of February, 1959,
and the total allotment to each Federal reserve bank.

D. J. Cameron,
Manager, Foreign Department.
Enc.




Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

/'




E .Q•

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
______________ FEBRUARY. 1959_______________

Bank of England
*Bank for International Settlements
French Bills

$

-059.077.10

$59,077.10
SCHEDULE OF EACH FEDERAL RESERVE BANKTS
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

New York

7.2 %
9.7
9.3
4.3
3.5
12.1
2.9
2.3
2.9
2.9
7.2

1 4,474.73
6,028.46
5,494.17
2,540.31
2,067.70
7,520.04
-0-01,713.24
1,713.24
4.253.55

64.3

35,805.44

35.7

23.271.66

100.0$

$59,077.10

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumed the balance.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E

REC’
B IN FILES SECTION

W

5—II
M
W

MAD j

w

--ff-

3 ^¥' m„jVr. / ". /

Fe d e r a l R e s e r v e B a n k
of N e w Y o r k

February 23, 1939

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume of
acceptances purchased through foreign banks, by countries,
(exclusive of bills purchased under the Hungarian Credit)
during the month of January, 1939, and the total allotment
to each Federal reserve bank.




Very tru&y yours,

p. J. Cameron,
^anager, Foreign Department.

^

IQ^Q
(f

Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED
Authority

E .Q•

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
________________ JANUARY. 1959______________

Bank of England
Bank of France
♦Bank for International Settlements
French Bills

$ 82,750.00
-0176.052.28
$258,782.28

SCHEDULE OF EACH FEDERAL RESERVE BANK»S
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.2$
9.7
9.5
4.3
3.5
12.1
2.9
2.3
2.9
2.9
7.2

New York

64.3
55.7
100.0$

#

19,291.38
25,989.79
,24,066.75
11,127.64
9,057.38
32,420.26
2,399.75
1,903.25
7,504.69
7,504.69
18.652.32
159,897.90
98.884.58
$258,782.28

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumed the balance.

Reproduced from the Unclassified / Declassified Holdings of the National Archives




DECLASSIFIED
Authority

E.Q* UfltSS

VV

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
________________ nF.CHamam. 19s a ______________

V

Bank of England
Bank of France
*Bank for International Settlements
French Bills

-o- 0-

270>746.54
$

270,746.54

SCHEDULE OF EACH FEDERAL RESERVE BANK’
S
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

9.8
9.2
4.3
3.5
11.9
3.0
2.3
2.9
2.9
7.1

New York

64.1
35.9

1.2%

100.0 %

$

20,526.91
27,939.40
24,908.66
11,642.09
9,476.12
53,926.42
-0-07,851.64
7,851.64
19.222.99
163,345.87
107.400.47

|

270,746.34

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro rata
share of St. Louis and Minneapolis in addition to their
regular share. New York assumed the balance.

fm

RB£ft5dlfced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority E . Q - l2*jS%

fl

j

t

■in

y .

Fe d e r a l R e s e r v e B a n k
o f

N

e w

Y

o r k

December 13, 1938

M r.

E y ^ ^ S a e a d , Chief,
Division of Bank Operations,
;Board of Governors of the
Federal Reserve System,
- -.. Washington, D. C.

We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, (exclusive of bills purchased under the
Hungarian Credit) during the month of November, 1938,
and the total allotment to each Federal reserve bank.

Enc




FOB FILES
M. P. Caskey

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority £

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
______________ NOVEMBER. 1958_______________

Bank of England
Bank of France
*Bank for International Settlements
French Bills




$

82,750*-00
-0-

$

202,417.67
285,167,67

SCHEDULE OF EACH FEDERAL RESERVE BA N K fS
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.2
9.8
9.2
4.3
3.5
11.9
3.0
2.3
2.9
2.9
7.1

$

21,304.50
28,997.79
26,235.43
12,262.21
9,980.87
35,211.60
2,482.50
1,903.25
8,269.86
8,269.86
20.246.91

New York

64.1
35.9

1

175,164.78
110.002.89

$

285,167.67

100.0 %

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro rata
share of St. Louis and Minneapolis in addition to their
regular share. New York assumed the balance.

T

Reproduced from the Unclassified / Declassified Holdings of the National Archives

D E C L A S SIF IE D
Authority E

>

i<
Fe d e r a l R e s e r v e B a n k
o f

N

e w

Y

o r k

November 15, 1938
Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, (exclusive of bills purchased under the
Hungarian Credit) during the month of October, 1938,
and the total allotment to each Federal reserve bank.
Ver;

D L J. Cameron,
Manager, Foreign Department
1/
Enc




FOR FILES
M. P, Caskey

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .Q •

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
__________OCTOBER. 1 9 3 8 _______________
Bank of England
Bank of France
*Bank for International Settlements
French Bills

$

-0-0-

264.050.74
1264,050.74

SCHEDULE OF EACH FEDERAL RESERVE BANK* S
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.1

$ 20,019.27
27,248.45
24,293.67
11,354.18
9,241.78
33,087.41
-0-07,657.47
7,657.47
18.747.60

64.1
35.9

$159,306.30
104.744.44

100.0$

$264,050.74

7.2$
9.8
9.2
4.3
3.5
11.9
3.0
2.3
2.9
2.9

* St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro rata
share of St. Louis and Minneapolis in addition to their
regular share. New York assumed the balance.




Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED
Authority

E .Q•il^SS

Fe d e r a l R e s e r v e B a n k
of N e w Y o r k

October 18, 1938,

Mr* E. L* Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total
volume of acceptances purchased (exclusive of bills
purchased under the Hungarian Credit) through
foreign banks, by countries, during the month of
September, 1938, and the total allotment to each
Federal reserve bank.
V e r y A p i l y yours,
rP,

. J. Cameron,
anager, Foreign Department

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .0•

f*




SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
___________SEPTEMBER. 1 9 5 8 . _______

Bank of England
Bank of France
-*B3hk for International Settlements
French Bills

$

-0-0-

117.584.16
#117,584.16

SCHEDULE OF EACH FEDERAL RESERVE BANK* S
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.2$
9.8
9.2
4.3
3.5
11.9
3.0
2.3
2.9
2.9
7.1

|

8,914.76
12,133.93
10,817.74
5,056.12
4,115.45
14,734.11
-0-

New York

64.1
35.9

$ 70,940.52
46.643.64

100.0$

$117,584.16

-

0-

3,409.94
3,409.94
8r34B_«_4S

* St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis
and Minneapolis in addition to their regular share.
New York assumed the balance.
Total No. of Items - 9

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .Q * 12^5%

REC’D

in

-Hr SEP
3 3 5#
/

^Fe d e r a l R e s e r v e B a n k
o f

N

e w

Y

o r k

September 16, 1938

Mr. E* L. Sinead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased (exclusive of bills purchased
under the Hungarian Credit) through foreign banks, by
countries, during the month of August, 1938, and the
total allotment to each Federal reserve bank.




J. W. Mc^eem,
Assistant Vice President

f il e s

s e c t io n

2 3 1938

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E

*11^5%

/
/

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
_______________ AUGUST, 1938 _________ ___

Bank of England
Bank of France
*Bank for International Settlements
French Bills

$ 82,750.00
-0317.265.73
$400,015.73

SCHEDULE OF EACH FEDERAL RESERVE BANK'S
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED




Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.2$
9.8
9.2
4.3
3.5
11.9
3.0
2.3
2.9
2.9
7.1
64.1%
35.9

| 30,011.82
40,849.42
36,801.45
17,200.67
14,000.55
49,602.86
2,482.50
1,903.25
11,600.46
11,600.46
28.401.12
$244,454.56
155.561.17

100.0$

$400,015.73

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.
New York assumed the balance.

FO B FEES

P. CctgJcey

Reproduced from the Unclassified / Declassified Holdings of the National Archives




DECLASSIFIED
Authority

B .Q •

REG?D

IH F IL E S SECTION

S E P - 8 1938
^ ■
-?3 •
Fe d e r a l R e s e r v e B a n k
of N e w Y o r k

August 18, 1938

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Sinead:
We enclose a statement of the total volume
of acceptances purchased (exclusive of bills purchased
under the Hungarian Credit) through foreign banks, by
countries, during the month of July, 1958, and the
total allotment to each Federal reserve bank.

3ji, J. Cameron,
Manager, Foreign Department

/ /- /

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .Q • U3SS

SCHEDULE SHOWING THE TOTAL VOLUME OP
ACCEPTANCES PURCHASED BORING THE MONTH OF
_____________ JULY. 1958_____________________

Bank of England
Bank of France
*Bank for International Settlements
French Bills

$

-0-0-

178.797.94
#178,797.94

SCHEDULE OF EACH FEDERAL RESERVE BAN K ’
S
PARTICIPATION OF TOTAL VOLUME OF ACCEPTANCES PURCHASED




Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.2$
9.8
9.2
4.5
5.5
11.9
5.0
2.5
2.9
2.9
7.1

New York

55.9

$ 15,555.74
18,450.88
16,449.41
7,688.51
6,257.95
22,404.64
-0-05,185.14
5,185.14
1 2 f694_.65
f107, 871.84
70.926.10

100.0$

$178,797.94

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.
New York assumed the balance.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

1 REC’
D IN FIuES~SECTION I

Fe d e r a l R e s e r v e B a n k
o f

N

e w

Y

o r k

July 14, 1938

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased (exclusive of bills pur­
chased under the Hungarian Credit) through foreign
banks, by countries, during the month of June 1938,
and the total allotment to each Federal reserve bank.

Enc




F O R FILES
M. P. Caskey

r

Reproduced from the Unclassified / Declassified Holdings of the National Archives




D E C L A S SIF IE D
Authority £ -Q •

rec!d in files section

JUL 2 11938
SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
_______________JUNE, 1958___________________
- 0-

Bank of England
$
Bank of France
*Bank for International
Settlements - French Bills

184.650.99

$

184,650.99

-Q -

SCHEDULE OF EACH FEDERAL RESERVE B A N K fS
PARTICIPATION ON TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.2%

9.8
9.2
4.5
5.5
11.9
3.0
2.5
2.9
2.9
7.1
64.1#
55.9
100.0$

$

$

15,999.50
19,054.88
16,987.89
7,959.99
6,462.78
25,138.06
- 0- 05,554.88
5,554.88
13.110.22
111,405.08
75.247.91
184,650.99

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.
New York assumed the balance.

FOR FILES
M. P. Caskey

Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED
Authority £

S'
F e d e ra l R e s e rv e B ank
o f

N

e w

Y

o r k

)r
jyiy i g

1933

DIVISION OF

SANK OPERAHGMS

June 15, 1938

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased (exclusive of bills pur­
chased under the Hungarian Credit) through foreign
banks, by countries, during the month of May 1938,
and the total allotment to» each Federal reserve bank,
Vepy truly yours,

(r
Dv J. Cameron,
Manager, Foreign Department.

Reproduced from the Unclassified / Declassified Holdings of the National Archives




DECLASSIFIED
Authority £ .Q • ll^ S S

SCHEDULE S H O F M G THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
_____________ MAY. 1938 ____________________
Bank of England
Bank of France
*Bank for International
Settlements - French Bills

$ 82,750.00
-0-

180.616.08
$263,366.08

SCHEDULE OF EACH FEDERAL RESERVE BANK'S
PARTICIPATION ON TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7 .2fo
9.8
9.2
4.3
3.5
11.9
3.0
2.3
2.9
2.9
7.1
64.1$
35.9
160.0$

$

19,651.59
26,748.00
24,229.68
11,324.74
9,217.81
32,479.71
2,482.50
1,903.25
7,637.62
7,637.62
18.698.99
162,011.51
101.354.57
$263,366.08

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements* Boston, Philadelphia and Chicago
have taken their pro rata share of St, Louis and
Minneapolis in addition to their regular share.
New Xork assumed the balance.

Reproduced from the Unclassified I Declassified Holdings of the National Archives




D E C L A S SIF IE D
Authority E .Q • 11^5%

REC*0 IW

SECTION

JUN -1 1 9 3 8
fh

RECEIVED
Fe d e r a l R e s e r v e B a n k

MAY 2 6 1938

of N e w Y o r k

DIVISION Of
BANK OPt RATIONS

May 24, 19S8.

Mr, E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:

We enclose a statement of the total volume
of acceptances purchased (exclusive of bills pur­
chased under the Hungarian Credit) through foreign
banks, by countries, during the month of April 1938,
and the total allotment to ea<jh Federal reserve bank.
Yery truly yours,

•J.Cameron,
Onager, Foreign Department

Enc.

FOR FILES
M . P. C cs k e y

Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED

Authority E .Q•11^5%

REC'D IK FILES SECTION
J U N - 11938

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
_______________ APRIL>1958__________________
Bank of England
Bank of France
♦Bank for International
Settlements-French Bills

f

-0-0-

220.655.70
$ 820,635.70

SCHEDULE OF EACH FEDERAL RESERVE BANK’
S
PARTICIPATION ON TOTAL VOLUME OF ACCEPTANCES PURCHASED

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.2$
9.8
9.2
4.5
3.5
11.9
3.0
2.3
2.9
2.9
7.1
64.1$
35.9
100.0$

$

16,727.72
22,768.28
20,298.48
9,487.33
7,722.25
27,647.20
- 0-G6,398.44
6,398.44
15,665.13
$ 135,115.27
87.522.43
| 220,635.70

♦St. Louis and Minneapolis did not participate
in bills purchased by the Bank for International
Settlements, Boston, Philadelphia and Chicago
have taken tneir pro rata share of St. Louis and
Minneapolis in addition to their regular share.
New York assumed the balance.

F O R F ILE S
M . P. C a s k e y

Reproduced from the Unclassified I Declassified Holdings of the National Archives




D E C L A S SIF IE D
Authority E .Q • 12^5%

REC’
D IN FILES SECTION

APR 9. 8 '938

Fe d e r a l R e s e r v e B a n k
of N e w Y o r k

TV'

o

DIVISION OF
BANK OPERATIONS

April 21, 1938

Mr. E. L. Smead, Chief,
Division of Bureau of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Sinead:
We enclose a statement of the total volume
of acceptances purchased (exclusive of bills purchased
under the Hungarian Credit) through foreign banks, by
countries, during the month of March 1938 and the total
allotment to each Federal reserve bank.

D. J. Cameron,
Manager, Foreign Department.
Enc.

F O R FILE S

M. P. Caskey

Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED
Authority E .0 •

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
______________ MARCH, 1958__________________

Bank of England
Bank of France
*Bank for International Settle­
ments French Bills

$

-0-0-

100.565.60
$100,565.60

SCHEDULE OF EACH FEDERAL RESERVE BANK'S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.2#
9.8
9.2
4.5
5.5
11.9
5.0
2.5
2.9
2.9
7.1
64.1#
55.9

100.0#

|

7,624.48
10,577.77
9,252.05
4,524.52
5,519.80
12,601.58
- 0- 02,916.40
2,916.40
7.140.16
$ 60,672.94
59.892.66
$100,565.60

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share,
New York assumed thetalance.
Total no. of items - 4

Reproduced from the Unclassified / Declassified Holdings of the National Archives




DECLASSIFIED
Authority E

• H ^SS

p

I-*?

f KEC'D IN

tpc; qtthTTON 1
...

,

I

r J—
&J^ ^ Tr.£OHJr1*QOq
J v>

\3 3 $ y 3 Lt

>

Fe d e r a l R e s e r v e B a n k
DIVISION Of
o f

N

e w

Y

o r k

8ANK OPEHATlo^b

March 21, 1938.

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign hanks, by
countries, during the month of February, 1938, and
the total allotment of each Federal reserve bank.
In accordance with our telephonic conversa­
tion with Mr. Caskey, these figures do not include the
acceptances purchased under the Hungarian Credit.
Very ;feruly yours,

J. Cameron,
fanager, Foreign Department.
Enc.

fo r

f il e s

M, P. Caskey

W m ,m ' '■ " - 1" 11"1

1

1111 V

" ILIIUI1 ' ■ 1 11.. '

'

1

...................... "■

11.......

Reproduced from the Unclassified I Declassified Holdings of the National Archives

D E C L A S SIF IE D
Authority E .0 •

k




SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
___
FEBRUARY 1 9 5 8 _____________

Bank of England
Bank of France
*Bank for International
French Bills

$ 82, 750.00
-0Settlements
412,980.75
$495,730.75

SCHEDULE OF EACH FEDERAL RESERVE BAM3S
PARTICIPATION IN TOTAL VOLUME OF. ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.2$
9.8
9.2
4.3
3.5
11.9
3.0
2.3
2.9
S.9
7.1
64.1^
55.9
100.0$

$ 57,268.55
50,726.63
45,607.23
21,316.42
17,350.58
61,596.63
2,482.50
1,903.25
14,376.19
14,376.19
55.196.88
$502,201.05
195.529.70
$495,730.75

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.

FOR FILES
M, P. Caskey

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .Q *

t/

xS




Fe

d e r a l
of

R
N

e s e r v e
e w

Y

B

a n k

o r k

February 11, 1938

Mr. E. L. Sinead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We wish to inform you that there were no
acceptances purchased through foreign banks during
the month of January 1938.

D, J* Cameron,
Manager, Foreign Department.

for

f il e s

M P, CaskeY

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority £ .0 •

/

/

JTS

i f i u b

s e c t io n

JAN231S38
F e d e ra l R e s e rv e B ank
o f

O if

N ew Y o rk

DIVISION Of
BANK OPERATIONS
J a n u a ry

SI, 1938

Mr. E. L. Sinead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume of
acceptances purchased through foreign banks, by countries,
during the month of December, 1937, and the total allot­
ment of each Federal reserve bank.




D. J. Cameron,
^Manager, Foreign Department.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E

£‘
:

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
____________ DECEMBER 1957
_______
___ _

Bank of England
Bank of France
*B.I/S* French Bills
** Hungarian Credit

-0-0197,045*62
2.284.879>55
$2,481,925.17

SCHEDULE OF EACH FEDERAL RESERVE BANK’
S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.5$
9.8
9.2
4.5
5.5

11.6

5.0
2.5
2.9
2.9
7.1
65.9$
56.1$
100.0$

179,657.87
257,961.19
257,476.45
95,298.50
86,867.51
311,965.50
75,401.03
52,552.25
69,690.89
69,690.89
176.216.55
#1,612,776.01
869.147.16
$2,481,925.17

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.
**Distribution made on 1954$ basis.




Reproduced from the Unclassified / Declassified Holdings of the National Archives




DECLASSIFIED
Authority E .0 • 12^5%

re c d

in

wnzu

Fe d e r a l R e s e r v e B a n k
divisio n of.

of N e w Y o r k

BANK OPERATIONS

December 28, 1957.

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, during the month of November, 1937, and
the total allotment of each Federal reserve bank.
Very tmlLy yours,

D./J. Cameron,
^anager, Foreign Department.
Enc.

Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED
Authority E .Q • 11315%

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH
OF NOVEMBER 1937

Bank of England
*B. I. S. French Bills

$ 82,750.00
514.605.97
#597,355.97

SCHEDULE OF EACH FEDERAL RESERVE BANK'S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
_____________ PURCHASED_________________________
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.3%
9.8
4.3
5.5
11.6
3.0
2.3
2.9
2.9
7»1
63.9#

$ 30,224.30 y
40,574.94
36,556.75 ^
17,086.31
13,907.46 /
48,027.49 /
2,482.50
1,903.25^
11,523.32/
11,523.32/,
28.212.27 ^
1242,021.81 '

36,1
100.0#

155.334,16
$397,355.97 ^

9.2

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia, and Chicago
have taken their pro-rata share of St, Louis and
Minneapolis in addition to their regular share.

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority £ . Q «

J
<i

ft

XV
i

SCHEDULE SHOWING THE TOTAL VOLUME OP

A C C E P T A N C E S PURCHASED DURING THE MONTH OF

_______ OCTOBER 1937

Bank of England
Bank of France
*B.I.S. French Bills
** Hungarian Credit

-0-023,675,14
2.287.350.05
$2,311,025.19

SCHEDULE OF EACH FEDERAL RESERVE BANK1S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.3^
9.8
9.2
4.3
3.5

11.6

3.0
2.3
2.9
2.9
7.1
63.9$
36.1
100.0$

$

166,509.09
240,327.54
221,763.72
87,937.33
80,885.88
291,097.98
75,482.55
52,609.05
64,732.38
64,732.38
164.082.78
$ 1,510,160.68
800.864.51
$ 2,311,025.19

* St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.
Distribution made on 1934$ basis.




Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED
Authority E .Q •

October 29, 1937.

\

Mr. 1. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, daring the month of September 1937, and the
total allotment of each Federal reserve bank.
7 erf\truly yours,

/i
D. J. Cameroni
Manager, Foreign Department.

Enc.

f

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority £ .0 •

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
____________SEPTEMBER i g ?;7
____________

Bank of England
Bank of France
* B.I.S. French Bills
**Hungarian Credit

-015,117.28
217,883.73
1.561.091.45
$1,598,092.44
$

SCHEDULE OP EACH FEDERAL RESERVE BANK'S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.3$
9.8
9.2
4.3
5.5

11.6

3.0
2.3
2.9
2.9
7.1
63.9$
36.1
100.0%

$ 115,704.65
165,323.30
151,916.87
61,654.52
55,723.24
199,633.19
45,309.54
31,606.79
44,809.59
44,809.59
113.038.56
1,029,529.84
562.562.60
#1,592,092.44

*St. Louis and Minneapolis did not participate in
"bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis
and Minneapolis in addition to their regular share.
^Distr ibu ti on made on 1934$ basis.




Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E. Q* IffiSS

/

REC’
t) t
St

JF ed eral

V-

|\j

o f

R e s e rv e Ban
N

e w

Y

It
DIVISION OFj

o r k

\i




bank operations

September 24, 1957.

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, during the month of August 1937, and the total
allotment of each Federal reserve bank.
Very truly yours,

L. W. Knoke,
Vice President.

Encs.

r

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority £

• 11^5%

*

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
______________ AUGUST 1957

Bank of England
Bank of France
* B*I;S. French Bills
**Hungarian Credit

#82,750*00
25,576*06
323,136;63
745.102>49
$1,176,565;18 ^

SCHEDULE OF EACH FEDERAL RESERVE BANKfg
PARTICIPATION IN .TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St* Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York




7*3#
9*8
9*2
4*3
3;5

11*6

3*0
2*3
2*9
2*9
7*1
63*9$
36*1
100*0^

$86,394*38
121,452*37
111,224;41
46,866*79
41,179.78
145,919;22
27,838;16
19,628;86
33,375*29
33,375;29
83.536;13
750,790*68
425.774*50
$1,176,565*18 /

*St; Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements* Boston, Philadelphia and Chicago
have taken their pro rata share of St* Louis
and Minneapolis in addition to their regular share.
-^Distribution made on 1934$ basis;
Total number of items - 90

a fFdnTtneUhrcfeSgttred / Declassified Holdings of the National Aich ves

DECLASSIFIED
Authority

U3S%

ACCEPTANCES PURCHASED DURING THE MONTH OF
____________ JULY 1957_______________________
Bank of England
Bank of France
* B. I. S. French Bills
♦♦Hungarian Credit

$

-

0-

-

-

0
47,665.05
2.497.556.18
#2,545,221.23

SCHEDULE OF EACH FEDERAL RESERVE BANK'S
PARTICIPATIOB IN TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.3$
9.8
9.2
4.5
5.5

3.0
2.3
2.9
2.9
7.1
63.9
56.1

183,488.02
264,664.58
244,150.57
96,956.74
89,082.75
320,514.27
82,419.35
57,443.79
71,313.86
71,313.86
180.710.71
1,662,058.50
885.162.73

100.0$

$2,545,221.23

11.6

♦St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements* Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis In addition to their regular share.
New York assumes the balance.
♦♦Distribution made on 1934$ basis.




f^ ^ ^ ^ ^ P ^ ^ e ^ r o n U h ^ n c te ^ ifle ^ ^ e c la s s ifie ^ o lX T g ^ n h ^ a tio n a ^ r c h iw s

DECLASSIFIED
Authority

B .Q » U^B%

/

4 ^SNERAL

- P, 1937
^/

f
Fe d e r a l R e s e r v e B a n k

m

&

4

July 23, 1937

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr* Smead:
We enclose a statement of the total
volume of acceptances purchased through foreign hanks,
by countries, during the month of June 1937, and the
total allotment of each Federal reserve bank.

VQvjjjtruly yours,

D. J. Cameron,
Manager, Foreign Department,




i

DIVISION OF
BANK OPERATIONS

of N e w Y o r k

Encs.

m

’

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
_
JUNE 1937__

Bank of England
Bank of France
♦B. I. S. French Bills
♦♦1st Hungarian Credit
♦♦2nd Hungarian Credit

82,750.00
15,148.40
92,873.55
-01.514.979.08
$ 1,705,751.03

$

SCHEDULE OF EACH FEDERAL RESERVE BANK!S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York




7.3$
9.8
9.2
4.3
3.5

3.0
2*3
2.9
2.9
7.1
63.9
36.1

123,364.17
176,735.87
162,989.01
65,772.40
59,701.29
213,587.90
52,931.26
37,096.18
47,951.80
47,951.80
121.108.33
1,109,190.01
596.561.02

100.0$

11,705,751.03

11.6

♦St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements* Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.
New York assumes the balance.
♦♦Distribution made on 1934$ basis.

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority £ . Q «

1

Fe d e r a l R e s e r v e B a n k

j

J

of N e w Y o r k

'

f: O '

l

\v '




June 22, 1937

Mr* E. L. Smead, Chief,
Division of Baak Operations,
Board of (Jovarnore of the
Federal Reserve System,
Washington, D. C.
Dear Mr* Smead:
We enclose a statement of the total volume of
acceptances purchased through foreign hanks, by countries,
during the month of May 1937, and the total allotment of
each Federal reserve bank*
Very truly yours,

L. W« Inoke,
Tice President*

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E.0- IMS8

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURIKG THE MONTH OF
____________MAY 1937________________________

Bank of England
Bank of France
*B.I.S. French Bills
1st Hungarian Credit
2nd Hungarian Credit

-026,577.89
399,390.55
246,149.81
740.274.50

T
^

%

$1,412,392.53
SCHEDULE OF EACH FEDERAL RESERVE BANK ‘
S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
_________________ PU R CH A SED ------------------- ;--------------------------

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York




7.3%
9.8
9.2
4.3
3.5

11.6

3.0
2.3
2.9
2.9
7.1
63.9
36.1
100.0%

$ 103,663.48
146,407.45
133,885.80
55,800.76
49,435.74
176,157.23
33,349.32
23,299.04
39,972.96
39,972.96
100.279.87
902,222.61
510.169.92
$1,412,392.53

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.
New York assumes the balance.

?

Reproduced from the Unclassified / Declassified Holdings of the National Archives

d e c l a s s if ie d

Authority E . ^ - U ^ S S

I

SCHEDULE SHOY/ING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
___ MAY 1 9 5 7 _____

%
Bank of England
Bank of France
* B .I .S . French Bills
1st Hungarian Credit
2nd Hungarian Credit

- 026,577.89
299,590.53
246,149.81
740.274.50

&
>€>
%

51,412,392.55
SCHEDULE OF EACH FEDERAL RESERVE B AN K ’
S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
_________________ PU R CH A SED ------------------- ,____________________

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York




7.3$
9.8
9.2
4.5
3.5

11.6

3.0
2.3
2.9
2.9
7.1
63.9
36.1
100.0$

%

| 103,665.48
146,407.45
155,885.80
55,800.76
49,453.74
176,157.23
35,549.52
25,299.04
59,972.96
59,972.96
100.279.87
902,222.61
510.169.92
$1,412,592.53

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.
New York assumes the balance.

Reproduced from the Unclassified I Declassified Holdings of the National Archives

declassified
Authority

E.O-11*35%

i_____

F e d e ra l R e s e rv e B ank
or N

e w

Y

33 3

o r k

May 28,. 1937.

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington,
C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, bycountries, during the month of April 1937, and the
total allotment of each Federal reserve bank.




D. J. Cameron,
Manager, Foreign Department.

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E . Q » 12^65%

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
APRIL 1937

^

Bank of England
Bank of France
*B.I.S. French Bills
1st Hungarian Credit
2nd. Hungarian Credit

,

-016,013.06
109,469*30
246,108.71
£.255,796.77
12,627,387.84

SCHEDULE OF EACH FEDERAL RESERVE BANK1S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
PURCHASED

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.3$
9.8
9.2
4.3
3.5

11.6

3.0
2.3
2.9
2.9
7.1
63.9$
36.1
100.0$

189,720.94.
273,064.02
251,727.31
100,468.15
91,958.57
330,469.06
83,043.27
57,912.14
73,692.34
73,692.34
186,544.54
1,712,292.68
915,095.16
$2,627,387.84

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International
Settlements. Boston, Philadelphia and Chicago have
taken their pro rata share of St. Louis and Minneapolis
in addition to their regular share. New York assumes
the balance.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority E. Q*

BECQVEP

241937

Fe d e r a l R e s e r v e B a n k

31

DIVISION o f
WNK OPERATIONS

of N e w Y o r k

April 23, 1937

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total volume
of acceptances purchased through foreign banks, bycountries, during the month of March 1937, and the
total allotment of each Fedei&L reserve bank.




V&ry truly yours,

J. Cameron,
anager, Foreign Department,

p»

.

/

T " " " " ...... ......................— .— w i

...................................................................-I

......... .

■

...1

I

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E. Q* U 3SS

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
MARCH 1957
__________________

Bank of England
Bank of France
*B.I.S. French Bills
1 st Hungarian Credit
2nd Hungarian Credit

$ 82,750,00
26,293.60
140,137.89
-02.262.276.55
|2,511,458.04

SCHEDULE OF EACH FEDERAL RESERVE B AN K ’
S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
______________ PURCHASED________________________

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New lork




7.3$
9.8
9.2
4.3
3.5

11.6

3.0
2.3
2.9
2.9
7.1
63.9$
36.1
100.0$

$ 181,616.35
260,424.43
240,103.25
96,681.31
87,901.03
314,813.47
77,926.44
54,540.36
70,570.00
70,570.00
178.313.52
1,633,460.16
877.997.88
$2,511,458.04

* St. Louis and Minneapolis did not participate in
bills purchased by ithe Bank for International
Settlements. Boston, Philadelphia and Chicago
have taken their pro rata share of St. Louis and
Minneapolis in addition to their regular share.
New York assumes the balance.

|T

Reproduced from the Unclassified / Declassified Holdings

of the National Archives

DECLASSIFIED
Authority E

/

/

MAR
Fe d e r a l R e s e r v e B a n k

W

DIVISION of,

gPERWlONS

of N e w Y o r k

March 16, 1937-

Mr - E- L„ Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D- C*
Dear Mr- Smead:
We enclose a statement of the total
volume of acceptances purchased through foreign banks,
by countries, during the month of February 1937, and

Encs




Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .0 • 11^5%

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
________________ FEBRUARY 1937______________

Bank of England
Bank of France
*B.I.S. French Bills
1st Hungarian Credit
2nd Hungarian Credit




$

-015,932.81
317,796.98
- 0-0$333,729.79

SCHEDULE OF EACH FEDERAL RESERVE BANK1S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
___
PURCHASED
______________
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.3$
9.8
9.2
4.3
3.5

11.6

3.0
2.3
2.9
2.9

63.9%
36.1
100.0^

$ 25,591.84
34,356.16
30,703.14
14,350.38
11,680.54
40,666.48
477.98
366.46
9,678.16
9,678.16
23.694.82
$201,244.12
132.485.67
$333,729.79

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro­
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.

Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED
Authority £ .Q • 11^5%

-4 >

Division of Bank Op»r»tloM Fit*

Fe d e r a l R e s e r v e B a n k
of N e w Y o r k

8ECEWBj- tB 2 i 133?
division of
bank, o p e ra tio n s

February 25, 1937.

Mr. E. L. Smead, Chief,
Division of Bank Operations,
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Dear Mr. Smead:
We enclose a statement of the total
volume of acceptances purchased through foreign banks,
by countries, during the month of January 1937, and
the total allotment of each Federal reserve bank.
Veory truly yours,
)t / /
/
J. Cameron,
Manager, Foreign Department.
U

Encs

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .0 •

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
JANUARY 1957

Bank of England
Bank of France
*B. I. S. French Bills
1st. Hungarian Credit
2nd. Hungarian Credit

-022,952.54
224,102.13
247,067.74
2,263,642.97
J2,757,"765.38
$

^
'
^
^
/

SCHEDULE OF EACH FEDERAL RESERVE BANK1S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.4 %
9.3
9.2
4.4
3.5

11.6

3.0
2.4
2.9
2.9
6.9
63.5$
36.5
100.0$

|

199,948.73^
285,215.43 ^
263,757.26 ^
106,277.42 /
96,521.78 /
346,411.67 '
83, 542.03 s
58,297.21 z'
77,464.49 "
77,464.49y
195.307.23^
fl,790,207.74 ^
967.557.64 ^
#2,757,765.38 ^

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro­
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.




Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E. Q*

H ( -/.

/ f 5 £>—

/%

V3>.ry
%7 //
5- / / /, ' > '. //

<&'
'j -^Lex^es
($\jL —

J-?o *? « 2V ^3 /
/ 7 T'i/KTf, 7 /
/ ^ o t-£-r

r

7^ r, > e l f < ? 7 . o7HL

*

/■/^ 7 j,ry ,o p
X

j




f t o y r ,g
■&&
*^>rtr6 ^ f ° 210

? 7 ^ 7.^ /
c?%f.c<?'T‘- / r

'■ >£

3 / ^<*">^3.
/ 3 8 #?o m
?f~
^ ^ /■ 5— '
7'* ff*,7f

-£l C/" *
^ «^ C ^ L i ^ U i o

7# ^ .0 bo .3
/ y y j/ J iT lC
Ml.

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .Q•12^5%

t/
m am
Fe d e r a l R e s e r v e B a n k

JAN 2 3 1337
division

of N e w Y o r k

b a n k operations

January 22, 1937.

S i r s :

ATTENTION; Mr. E. L. Smead
We enclose a statement of the total volume

of acceptances purchased through foreign banks, by
countries, during the month of December 1936, and
the total allotment of each Federal reserve bank.

p/. J. Cameron,
Manager, Foreign Department.

Board of Governors of the
Federal Reserve System,
Y/ashington, D. C.




OF

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .0 •

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
DECEMBER 1936

Bank of England
Bank of France
*B. I. S. French Bills
1st. Hungarian Credit
2nd. Hungarian Credit

$

82,950.26
U jOy C7Uv tmv
'T'1 r,‘
>^ or*
11,716.87
156,458.71
-01.846.375.99
$2,097,501.83

SCHEDULE OF EACH FEDERAL RESERVE BANK’
S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
____ _______ PURCHASED___________________________

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.4$
9.3
9.2
4.4
3.5

11.6

3.0
2.4
2.9
2.9
6*9
63.5 %
36.5
100.0^

152,147.59
216,163.54
200,355.67
81,211.83
73,412.56
262,754.03
63,770.43
44,738.66
58,981.18
58,981.18
148.420.38
f>l, 360,937.05
736.564.78
12,097,501.83

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro­
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.




from the Unclassified/ Declassified Holdings of the National Archives

DECLASSIFIED
Authority E.O* 12%%

trH
of Bank liberations File
/$

■3^5.
SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
_______________ NOVEMBER 1936_______________

Bank of England
Bank of France
*B.I.S. French Bills
1st. Hungarian Credit
2nd. Hungarian Credit

|

!//& >/■3 b

- 031,063.25
587,785.08
246,957.11
- 0-

$865,785.44

SCHEDULE OF EACH FEDERAL RESERVE BANK’
S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
_________________ PURCHASED_____________________
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.4$
9.5
9.2
4.4
5.5

11.6

3.0
2.4
2.9
2.9
6.9
65.5$
36.5
100.0$

$ 65,923.04
86,186.21
80,640.01
36,612.94
30,302.49
106,582.38
9,080.82
6,425.07
24,860.84
24,860.84
60.253.07
$531,707.71
334.077.73
$865,785.44

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro-rata
share of St. Louis and Minneapolis in addition to their
regular share. New York assumes the balance.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority E. Q*

—~

J
Division of Bank Operation

ild

"v s ***■ij~

■md Must'

</
RECEIVE®

Fe d e r a l R e s e r v e B a n k

N O V 2 8 1936

of N e w Y o r k

division Of

A*




bank operations

November JBf , 1956*

S i r s :

ATTENTION:

Mr* £* L . Smead

We enclose a statement of the total volume
of acceptances purchased through foreign hanks, bycountries, during the month of October 1936, and the

Board of Governors of the
Federal Reserve System,
Washington, D* C*
Enc*

wf

)

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority £ . & • 12*15%

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
________
OCTOBER. 1956
______

Bank of England
Bank of France
*B.I.S. French Bills
1st Hungarian Credit
2nd Hungarian Credit

$

36,410.00
3,150.51
194,053.49
493,256.68
2.264.410.27

12,991,280.95

SCHEDULE OF EACH FEDERAL RESERVE BANK’
S
PARTICIPATION IN TOTAL VOLUME OF ACCEP_ _
TANCES PU RCHASE D _____
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.4%
9.3
9.2
4.4
3.5

11.6

3.0
2.4
2.9
2.9
6.9
63.5$
36.5

io o .o f

#

216,614.90
309,498.00
286,228.52
115,070.36
104,694.83
375,780.81
92,189.83
64,375.80
83,989.48
83,989.48
211.913.72
$1,944,345.75
1.046.935.22
12,991,280.95

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro­
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.




Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E. Q*

/

rr / /




^ ?? 3

SCHEDULE SHOWING THE TOTAL VOLUME OF
"_ * ^
ACCEPTANCES PURCHASED DURING THE MONTH O^vision of BnnJM
______________ SEPTEMBER. 1 9 5 6 ____________
Bank of England
Bank of France
*B.I.S. French Bills
2nd Hungarian Credit

$

1

46,449.88
11,929.34
232,930.02
1.558.522.94

#1,849,652.18

SCHEDULE OF EACH FEDERAL RESERVE BANK'S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
_________ PURCHASED
_____________
____ _

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.4$
9.3
9.2
4.4
5.5

11.6

3.0
2.4
2.9
2.9
6.9
63.5$
36.5
100.0$

I

134,686.92
190,327.12
176,399.45
72,033.88
64,737.12
231,599.63
53,176.04
37,242.55
52,081.01
52,081.01
130.741.27
#1,195,105.98
654.526.20
$1,849,632.18

♦St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro­
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.

ntpi

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E

• 12^15%

RECEIVED

■
Fe d e r a l R e s e r v e B a n k

v'
■
y 4 *•
16
DIVISION OF

bank operations

of N e w Y o r k

September 15,1936.

S i r s :

ATTENTION: Mr, E.L,Smead
We enclose a statement of the total volume of

acceptances purchased through foreign banks, by countries,
during the month of August 1936, and the total allotment
of each Federal reserve bank.
Respectfully,

wl J. Cameron,
Manager, Foreign Department.

Board of Governors of the
Federal Reserve System,
Washington, D. C.




Reproduced from the Unclassified I Declassified Holdings of the National Archives
DECLASSIFIED
Authority £ . Q*

m um
In yocte
#
£ 11 V *
^
/'

y

SCHEDULE SHOWING THE TOTAL VOLUME OP
OiVtSiON OF
ACCEPTANCES PURCHASED DURING THE MONTH OF SANK OPtWiONS
AUGUST. 1926____________________
Bank of France
*B.I.S. French Bills
2nd Hungarian Credit

$51,027.82
50,852.72
712.147.50
$774,027.84 ^

SCHEDULE OF EACH FEDERAL RESERVE BANK’
S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
_________________ PURCHASED_____________________

Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.4$
9.5
9.2
4.4
5.5

11.6

5.0
2.4
2.9
2.9
6.9
65.5$
56.5
100.0$

$ 55,977.06

79,975.15
74,059.15
29,784.54
27,090.97
97,101.96
24,451.70
17,124.05
21,754.66
21,754.65
54.852.22
$505,845.91
270.185.95
#774,027.84 ^

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro­
rata share of St. Louis and Minneapolis in addition to
their regular share. New ¥ork assumes the balance.




If—

—
Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E. Q* 1235%

7/ 3
I ,%
<1^ V i Y i
T
'

SCHEDULE SHOVffiSG THE TOTAL VOLUME OF
ACCEPTANCES PURCHASE!1 DURING THE, MONTH OF
JULY, 1936

Bank of England
Bank of France
*B.I.S. French Bills
1st Hungarian Credit
2nd Hungarian Creait

$

56,410.00
14,778.89
597,125.72
246,491.25
1.559.445.15

#2,254,249.01

SCHEDULE OF EACH FEDERAL RESERVE' BANK'S
PARTICIPATION IN TOTAL VOLUME OF ACCEP­
TANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.4/2
9.5
9.2
4.4
5.5
11.6
5.0
2 •4
2.9
2.9
6.9
63.5#
36.5
100.0$

164,789.46
251,504.82
214,614.66
88,551.54
78,898.71
282,059.85
61,151.57
42,765.07
65,567.29
65,567.29
159.155.05
|l,450,585.09
805.865.82
#2,254,249.01

$

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro­
rata share of St. Louis and Minneapolis in addition to
their regular snare. New York assumes the balance.




If

IP------------------------'

- - -------- ------------- --------------

■■■ ■"

Reproduced from the Unclassified / Declassified Holdings of the National Archives

D E C L A S S IF IE D
Authority

*

f

E .Q* 11*15%

r-inrk Of>ar«tinn« f

&
SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH OF
________
JUNE. 1956
_______ _______

1

Bank of England
Bank of France
-'-B.I.S. French Bills
1st Hungarian Credit
2nd Hungarian Credit

6/

46,540.00
24,775.55
53,611.27
246,491•25
1i9 2 2 * 7 5 7 ^
$2,295,955.14 *

SCHEDULE OF EACH FEDERAL RESERVE BANK1S
PARTICIPATION IN TOTAL VOLUME OF ACCEP­
TANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.4%
9.5
9.2
4.4
5.5
11.6
5.0
2.4
2.9
2.9
6.9
63.5%
36
100.0$

165,628.45
2-37,468.58
219,720.79
87,918.65
80,288.45
288,126.90
75,718.00
51,599.05
64,555.47
64,355.47
162.621.56
SI,495,801.13
798.154.01
12,293,955.14

*St. Louis and Minneapolis did not participate in bills purchased
by the Bank for International Settlements. Boston, Philadelphia
and Chicago have taken their pro-rata share of St. Louis and
Minneapolis in addition to their regular share. New York
assumes the balance.




Reproduced from the Unclassified /Declassified Holdings of the National Archives




DECLASSIFIED
Authority E .Q •

RECEIVED
Division of Bank Operations Fii<

Fe d e r a l R e s e r v e B a n k
o f

N

e w

Y

o r k

JUN 201936
DIVISION OF
BANK OPERATIONS

We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, during the month of May 1936, and the
total allotment of each Federal reserve bank*
Respectfully,

J. Cameron,
lager, Foreign Department*
Board of Governors of the
Federal Reserve System,
Washington, P. C.
Enc*

Reproduced

from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority £ .Q • ll^S%

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH
_______ OF MAY. 1956_____________________
Bank of France
♦B.I.S. French Bills
*B.I.S. Zloty Bills
2nd Hungarian Credit

11,041*89
69,078.95
7,597.35
548,205*18
1455,925.37

SCHEDULE OF EACH FEDERAL RESERVE BANK1S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED_____________
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.4%
9.3
9.2
4.4
5.5

11.6

3.0
2.4
2.9
2.9
6.9
63.5
36.5
100.0%

31,868.32
44,756.20
41,497.77
17,091.40
15,257.32
54,529.46
11,822.02
8,273.75
12,295.57
12,295.58
50.775.12
$280,458.49
155.464.88
$455,925.37

/

M'

*St. Louis and Minneapolis did not participate in bills purchased
by the Bank for International Settlements. Boston, Philadelphia
aiid Chicago have taken their pro-rata share of St. Louis and
Minneapolis in addition to their regular share. New York
assumes the balance.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

U fltSS

/S
Division of Bank Operations File

/

RECEIVED ^ 3 - 2 /

MAY 2G

Fe d e r a l R e s e r v e B a n k

DIVISION OF

of N e w Y o r k
.

A)/

BANK OPERATIONS

r

t \%




1938

S i r s :

May 25, 1936.

ATTENTION:

Mr. E. L. Smead

We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, during the month of April 1936, and the
total allotment of each Federal reserve bank.
Respectfully,

p i J. Cameron,
/Manager, Foreign Department.
Board of Governors of the
Federal Reserve System,
Washington, D. C.
Encs

'■cj y

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E . Q - ll^ S S

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH
________OF APRIL, 1 9 3 6 _______________
Bank of England
Bank of France
*B.I.S. Belga Bills
*B.I.S. French Bills
* B .I .S . Zloty Bills
1st Hungarian Credit
2nd Hungarian Credit

36,430*51
19,859*91
61,687.30
455,702*32
603,228*87
246,491*25
2,498,228*86
#3,921,629*02

SCHEDULE OF EACH FEDERAL RESERVE BANK1S
PAR TIC IP/:lTION i n TOTAL VOLUME OF ACCEPTANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St* Louis
Minneapolis
Kansas City
Dallas
San Francisco

7.4%

9*3
9*2
4*4
3.5
11.6
3.0
2*4
2*9
2*9
6*9
6 3.5
36.5
100. OSS

289,189*10
400,531.17
371,768*75
156,083.36
137,257.01
489,375.72
92,264.48
64,479.53
110,982*52
110,982.52
276,081.85
£ 2 ,4 9 8 ,9 9 6 .0 1
1 ,4 2 2 .6 3 3 .0 1
S3,921,629*02

*St. Louis and. Minneapolis did not participate in bills purchased
by the Bank for International Settlements. Boston,Philadelphia
and Chicago have taken their pro-rata share of St* Louis and
Minneapolis in addition to their regular share* New York
assumes the balance.




'^produced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority

/ V,

/j

E .Q •

, sU U /

JJjyislon of Ban" Opcr^Ktfs Fife

f 1/ i /

^
/fi

F

ederal

Reser ve Ba nk

KCHVED

APR 241936

of N e w Y o r k

DIVISION OF
BANK OPERATIONS

/

April 23, 1936*

S i r s :

Attention*

Mr, E* L* Smead

We enclose a statement of the total volume
of acceptances purchased through foreign hanks, by
c o m tries, during the month of torch 19 36, and the total
allotment of each Federal reserve hank*
We also enclose revised statements for the
months of January and February, as those sent to you in
our letters of February 17 and March 17 were incorrectl;
calculated*

We hope that these changes in our figures

will not cause the Board any difficulties*
Respectfully,

J* Cameron,
Lager, Foreign Department*

Board of Governors of the
Federal Reserve System,
Washington, D* C*




#
y

nTsr.

Reproduced from the Unclassified / Declassified Holdings of the National Archives




DECLASSIFIED
Authority

£A •

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH
__ _________ OF MARCH. 1956______________
Bank of England
Bank of France
?
♦B.I.S. Belga Bills
&/,6Z7.30
*B.I.S. French Bills 4ts~*T 7 0 & ' 3 * ^
*B.I.S. Zloty Bills
91
1st Hungarian Credit
^
2nd Hungarian C r e d i t ^ ^ ^
f fr*
. * ^ t ^jt

46,340.00
S3,399.14
12,449.37
610,733*78
445*204.18
-0^1,398.138.15

* ^^6 p264 .62

4

SCHEDULE OF EACH FEDERAL RESERVE BANKtS
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES PURCHASED____________
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.4$
9.3
9.2
4.4
3.5
3.0
2.4
2.9 k
2.9

189,156.58
256,617.57
238,928.89
103,206.81
88,769.26
314,880.46
48,230.73
33,830.92
72.153.54
72.153.54

63.5
______
36.5
100.0$

#1,595,726.84
940.537.78
$2,536,264.62

11 . 6

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro­
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.

Reproduced from the Unclassified I Declassified Holdings of the National Archives




DECLASSIFIED
Authority E. O*

SCHEDULE SHOWING THE TOTAL VOLUME OF ACCEPTANCES
PURCHASED DURING THE MONTH.OF JANUARY, 1956 .
82,826.19
28,754.89
29,948.62
459,591.19
457,549.85

Bank of England
Bank of France
* B #j.S. Belga Bills
*B.I.S. French & llls
*B.I.S. Zloty Bills
1st Hungarian Credit
2nd Hungarian Credit

...... g

,

8

7

a

, f l a

a

a

a

15,557,555.20

REVISED SCHEDULE OF EACH FEDERAL RESERVE BANKtS
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
____________________PURCHASED
________________
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.2%

9.9
9.5
5.7
5.6

11.6

5.0
2.4
2.7

2.6

7 *Q
63.2$
56.8
100.0^

245,985.34
546,875.24
319,546.64
125,768.55
117,872.84
415,878.32
78,557.15
55,096.85
92,595.02
91,554.55
255.907.80
$2,125,016.50
1.214.556.90
15,557,553.20

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.

r

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E .Q•

/




SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH
_____________ QF F£BBHAEI>.13.26__________
- 011,131.OS
45,437.88
294.665.86
597.530.86
246,491.25
653.937.61

Bank of England
Bank of France
♦B.I.S. Belga Bills
*B.I.S. French Bills
*B.I.S. Zloty Bills
1st Hungarian Credit
2nd Hungarian Credit

Si,849,194.48

REVISED SCHEDULE OF EACH FEDERAL RESERVE BANK’
S
PARTICIPATION IN TOTAL VOLUME OF ACCEPTANCES
_________________ PURCHASED________________________
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.4^
9.3
9.2
4.4
3.5

11.6

3.0
2.4
2.9
2.9
6.9
63.5$
36.5
100.0$

138,786.33
186;588.60
173,727.61
75,961.99
64,721.81
229,384.18
30,048.08
20,977.00
52,726.21
52,726.21
129.395.28
*1,155,043.30
694.151.18
$1,849,1^4.48

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro­
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .Q •

.L
'*< W ***?/.,.p4
w 1"w -**1 a
^vision of Bank Operations F?

Fe d e r a l R e s e r v e B a n k

RECEIVED

of N e w Y o r k

MAR 18 1936
DIVISION OF
BANK OPERATIONS

March 17, 1936*

S i r s :

Attention:

Mr» E- L> Smead

We enclose a statement of the total volume
of acceptances purchased through foreign banks, by
countries, during the month of February, 1936, and
the total allotments to the other Federal reserve
banks«.

The Board of Governors of the
Federal Reserve System,
Washington, D- C-




F

Reproduced from the Unclassified I Declassified Holdings of the National Archives

D E C L A S SIF IE D
Authority E

SCHEDULE SHOWING THE TOTAL VOLUME OF
ACCEPTANCES PURCHASED DURING THE MONTH
___________OF FEBRUARY.

/

- 011,131*02
45,437.88
294.665.86
597.530.86
246,491.25
653.937.61

Bank of England
Bank of France
*B.I-S- Belga Bills
*B.I.S. French Bills
*B.I ~S» Zloty Bills
1st Hungarian Credit
2nd Hungarian Crfedit




$1,849,194.48
SCHEDULE OF EACH FEDERAL RESERVE BANK*S
PARTICIPATION IN TOTAL VOLUME OF ACCEP*
TANCES PURCHASED
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.4$
9 .3
9.2
4.4
3.5

11.6

3.0
2.4
2.9
2.9
6 .9
63.5$
36.5
100 ,

140,587.18
176,683.88
170,125.89
81,364.56
64,721.81
220,379.90
27,346.79
21,877.44
53,626.64
53,626.64
127.594.42
#1,137,935.15
711*259.33
,849,194.

*St. Louis and Minneapolis did not participate in
bills purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have takem their pro­
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.

Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority

E

•11^5%

W

‘
-'v (,i

Division of Bank Operations File

RECEIVED
Fe d e r a l R e s e r v e B a n k

'

o f

N

e w

Y

FEB

o r k

18 J936

DIVISION OF
BANK OPERATIONS

February 17, 1956.

S i r s :

AX1M1XQM;

Mr* E* L* Sinead

We enclose a statement of the total'volume of
acceptances purchased through foreign banks, by countries,
during the month of January, 1956, and the total allot­
ments to the other Federal Reserve Banks*
Respectfully,

p L J * Cameron,
(Manager, Foreign Department*

The Board of Governors of the
Federal Reserve System,
Washington, D* C.




Reproduced from the Unclassified I Declassified Holdings of the National Archives

DECLASSIFIED
Authority E .Q • U 1SS

SCHEDULE SHOWING THE TOTAL VOLUME Of ACCEPTANCES
PURCHASED BOEING THE MONTH Ujb JANUARY- 1936

Bank of England
Bank of France
*B.I.S. Belga Bills
*B.I.S. French Bills
*B.I.S*-.21oty Bills
1st Hungarian Credit
2nd Hungarian Credit

.

$82 g826 *19

28,754*89
29,948.62
459,391.19
457,549.85
-02,279.082.46

$3,337,553.20

SCHEDULE OF EACH FEDERAL RESERVE BANJOS PARTICIPATION
IN TOTAL VOLUME OF ACCEPTANCES P U R C H A S E D _______
Boston
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
New York

7.2
9.9
9.5
3.7
3.6
11.6

3.0
2.4
2.7
2 .6

■-7.0 ,
63.2#
56.8
100. 0%

#243,985.34 \
335,479.84 X
317,067.55
123,489.47
120,151.91
393,087.49
71,719.91
57.375.93
90.113.94
86,776.38
233.628.72
f2,072,876.48,
1.264.676.72
^3,337,553.20

*St. Louis and Minneapolis did not participate in bills
purchased by the Bank for International Settlements.
Boston, Philadelphia and Chicago have taken their pro
rata share of St. Louis and Minneapolis in addition to
their regular share. New York assumes the balance.