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FED ERAL RESERVE BANK
OF NEW YORK
Fiscal Agent o f the United States

fCircular No. 3 1 8 0 1
t February 1, 1947 J

TRANSACTIONS IN MARKETABLE SECURITIES
OF THE UNITED STATES GOVERNMENT

T o all Banking Institutions and O thers Concerned
in the Second Federal R eserv e D istrict:

Effective February 1, 1947, the Los Angeles, Portland, Salt Lake City and Seattle
Branches of the Federal Reserve Bank of San Francisco are authorized to participate in
transfers by wire of outstanding and unmatured Treasury certificates of indebtedness and
notes, but not Treasury bills, in accordance with the provisions for transfers of short-term
securities by wire, set forth at page 12 of our Circular No. 3162, dated December 12, 1946,
entitled “ Transactions in Marketable Securities of the United States Government.’ ’ A ccord­
ingly, paragraph 40 of that circular is amended to read as follow s:
Cities betw een w hich transfers may be made
40. Treasury bills, certificates o f indebtedness and notes may be transferred between any o f the
follow ing cities: Boston, New York, Philadelphia, Cleveland, Cincinnati, Pittsburgh, Richmond, Balti­
more, Charlotte, Atlanta, New Orleans, Chicago, Detroit, St. Louis, Little Rock, Louisville, Memphis,
Minneapolis, Kansas City, Dallas, E l Paso, Houston, San A ntonio and San Francisco. Treasury
certificates o f indebtedness and notes, but not Treasury bills, may be transferred between any o f the
follow ing cities, or between any o f such cities and any o f the cities mentioned above: Birmingham,
Jacksonville, Nashville, Denver, Oklahoma City, Omaha, Los Angeles, Portland, Salt Lake C ity and
Seattle. Transfers o f certificates o f indebtedness and notes may be made between any o f the cities
mentioned and W ashington, D. C., but such transfers may be made only against receipt and, in the
case o f transfers to W ashington, deliveries will be made only to banking institutions.

Additional copies o f this circular will be furnished upon request.




A

llan

S proul,

President.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102