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FED ERAL R ESER VE BAN K
O F N E W YO RK
Fiscal Agent of the United States

f Circular No. 3 2 0 2 , April 8, 19471
I Superseding Circular No. 3180 J

TRANSACTIONS IN MARKETABLE SECURITIES
OF THE UNITED STATES GOVERNMENT

To all Banking Institutions and Others Concerned
in the Second Federal Reserve District:

Effective immediately, the Los Angeles, Portland, Salt Lake City and Seattle Branches
o f the Federal Reserve Bank of San Francisco are authorized to participate in transfers by
wire of outstanding and unmatured Treasury bills, as well as Treasury certificates of indebted­
ness and notes, in accordance with the provisions for transfers o f 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.”

Accordingly, paragraph 40

of that circular is amended to read as follow s:
Cities between which transfers may be made
40. Treasury bills, certificates of indebtedness and notes may be transferred between any of the
following 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 Antonio, San Francisco, Los Angeles, Portland,
Salt Lake City and Seattle. Treasury certificates of indebtedness and notes, but not Treasury bills,
may be transferred between any of the following cities, or between any of such cities and any of the cities
mentioned above: Birmingham, Jacksonville, Nashville, Denver, Oklahoma City and Omaha. Transfers
of certificates of indebtedness and notes may be made between any of the cities mentioned and W ash­
ington, D. C., but such transfers may be made only against receipt and, in the case of transfers to
Washington, deliveries will be made only to banking institutions.

Additional copies of this circular will be furnished upon request.




A ll an S peoul,

President.

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