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FEDERAL RESERVE BANK OF NEW YORK CIRCULARS FOR THE YEAR 1951 ON CERTAIN OPERATIONS AND ACTIVITIES INCLUDING THOSE AS FISCAL AGEWT OF THE UNITED STATRS Circulars Nos. 3637 - 3802 (No Operating Circulars Included) VOLUME 27 Index of 1951 circulars starts on next page (An index of Circulars Nos. 1 - 30bb issued during the years 191b-19b$ is contained in Volume 22, and indexes of circulars for 191*6, i%7, 191*8, 19^9 and 1930 (Nos. 301*3 - 3636) are contained in Volumes 22, 23, 2b, 2$ and 26, respectively.) Publications Division INDEX OF CIRCULARS OF THE FEDERAL RESERVE BANK OF NEW YORK For the Year 1951 Circulars Nos. 3637 - 3802 VOLUME 27 Circular No. ANNUAL STATEMENT Thirty-sixth for year 1950, January 5, 1951 . . . . . . . . . . . . . . . APPOINTMENTS N. Baxter Jackson, member of Federal Advisory Council for 1951 3639 ....... ....3638 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Currently effective list of Board's Regulations and of our operating circulars and revised table of contents to each, January 15, 1951 . . . at 36b3 Consumer Credit Policy Statement (text of letter from W. Me. Martin, Jr.,) July 13, 1951 ................................................. .... 3733 Standard provision in military contracts pertaining to Assignment of Claims, June 27, 1951 .......................................... ....3728 Valuation of Nonmarketable Direct Obligations of the United States in Common Trust Funds, March 23, 1951 ....................... .......... 3678 V-loan financing for increased production of machine tools, September 25, 1951 .................................................... ....3761 Regulation: A - amendment effective March 21, 1951 (transmitted by First Supplement to O.C. 12) P - amendments effective February 5, 1951 ....... .................. ....3653 F - as amended effective February 5, 1951 .................. ............ 3688 T - supplement effective January 17, 1951 . . . . . . . . . . . . . . . . 36bb T - Amendment No. U , effective September 3 and 17, 1951 ............ ....37b9 U - supplement effective January 17, 1951 ....... .............. .......36bb V - machine tool pool orders; amendment to Assignment of Claims Act of 19b0, May 29, 1951 ....................................... ....3712 W - Amendment No. 2, effective February 26, 1951 ................... .... 3659 W - Amendment No. 3, effective May 15, 1951 .............. ............. 3706 W - Amendment No. it* effective July 31, 1951 . . . . . . . . . . . . . . 3739 W - Amendment No. 5, effective December 31, 1951 .................... .... 3799 W - Amendment No. 6, effective January 2, 1952 ............ ............ 3802 W - announcement of injunction obtained in Ohio, restraining violations of Regulation W, January 18, 1951 ............ .............. .... 361*6 W - as amended effective July 31, 1951 ....................... ........ 37b2 W - designation of automobile appraisal guides, February 26, 1951 . . . . 3661 W - designation of automobile appraisal guides, April 21, 1951 ....... .... 3690 W - free merchandise and rebates, June lb, 1951 ................. * * 3720 W - interpretations of, issued by Board through March 31, 1951 . . . . . 3687 BT - interpretations, June 21, 1951 ......... .......................... 3725 # - interpretation, September 7, 1951 ....... . . . . . . . . . . . . . 3755 W - large quantity sales of listed articles, June 1, 1951 . . . . . . . . 3715 W - pre-effective date "balloon" notes or payments, June it, 1951 . . . . 3716 X - Amendment No. 1, effective March 5, 1951 .............. ............ 366b X - Amendment No. 2, effective March 21, 1951 ....................... .... 367b X - Amendment No. 3, effective April b, 1951 ..................... ..... 368b X - Amendment No. b, effective April 16, 1951 ........................... 3695 Index of Federal Reserve Bank Circulars Mos. 3637 - 3502 -2 - BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (Continued) Regulation; X - Amendment Ho. 5, effective May 11, 1951 (filing of Registration Statements) . ......... . . . . . . . . . ......... . . . X - Amendment No. 7# effective November 19# 1951 . . . . . . . . . X - Amendment No. 8, effective December 31, 1951 ............. . X - as amended effective January 12, 1951................. X - as amended effective February 15* 1951 ............. . X - as amended effective September 1, 1951 . . . . . . . . . . . . I - forms of statement of borrower, February 20, 1951 . . . . . . . X - identification certificate, January 1951 . . . . . . . . . . . X - interpretations of, issued by Board through March 1$, 1951 . . X - registration certificate, June 1951 ..................... Circular No. 3702 3782 3801 36it3 3654 3753 3656 at 3637 3677 at 3702 BONDS (See TREASURY ISSUES) BY-LAWS Of Federal Reserve Bank of New York as amended effective October 5# 1951 and of its Buffalo Branch as amended effective March 1, 19^7, issued October 1 9 5 1 ................................................ at 3771 CAPITAL STOCK Semiannual dividend - Revision of Operating Circular No. 16, June 25, 1951 3726 CASH ITEMS (See CHECKS) CERTIFICATES OF INDEBTEDNESS (See TREASURY ISSUES) CHECKS Collection of cash items, January 8, 1951....................... . Flood conditions in Kansas and Missouri, mimeographed letter regarding, July 13, 1951 ............................................... New form United States Postal Money Orders, July 1, 1951 .......... Return of unpaid checks and other cash items, March 30, 1951 . . . . . 36itO at 3733 3723 3682 CIRCULARS Currently effective lists of our operating circulars and Board's Regulations and revised table of contents to each, January 15, 1951 . . at 3&b3 COIN A Call for Pennies, January 22, 1951 . ......... . * . . ........... Coin shortage (reproduction of feature article from The New York Times of September 2lt, 1951), September 28, 1951 ......... . 36it7 3765 CONSUMER CREDIT (See BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, Regulation W) COUNTERFEIT CURRENCY (Mimeographed letters) (si*) $10 and $20 Federal Reserve Notes, July 2, 1 9 5 1 ................ at 3730 CREDIT RESTRAINT Bulletin No. 1 - dated March 20, 1951 . . . . . . * * * * * * ....... * * * * * * 3673 2 - Restriction of business capital expenditure financing, April 20, 1951 ............................................... *t 3692 2 -Revised, December 21, 1951 .............................. * * 3797 Index of Federal Reserve Bank Circulars Mbs. 3637 - 3602 Circular - 3- No. CREDIT RESTRAINT (Continued) Bulletin Wo. 3 - Postponement of State and local Government financing, Hay 7, 1951 . 3699 b - Loans on real estate, June lb, 1951..................... . . . 3721 It - revised, September 12, 1951 ................................. ....3757 3&)1 it -Revised, December 27, 1951 . . . . . . . .............. . . . . 5 - International financing, July 2b, 1951 ....................... ....3736 6 - Loans secured by stocks and bonds, July 24, 1951 .............. ....3736 Eastern Insurance Voluntary Credit Restraint Committee Printed letter dated April 27, 1951 . . . . . . . . . . . . . . . . . . at3695A Printed letter dated May lb, 1951....... . . . ................ ..at 370b Printed letter dated November 27, 1951 ................ ...........at 3786B Eastern Investment Banking Voluntary Credit Restraint Committee Printed letter dated May 1, 1951 . . . . . . . . . . .. .. . . . . . at%95B Printed letter dated November 27, 1951 . . . . . . . . . ........... at3786C New York-New Jersey Mutual Savings Bank Voluntary Credit Restraint Committee Mimeographed letter dated July 17, 1951............ ............. at 373b Mimeographed letter dated July 30, 1951 . . . . . . . . ........... . at 3738 Printed letter dated July 3 , 1 9 5 1 ....................... . . .. . at 3730A Printed letter dated November 27, 1951 .............. ........... at 3786A Program for Voluntary Credit Restraint Letter of Chairman McCabe transmitting, March 9, 1951.............. at 3669 Letter transmitting placard reproducing statement of principles of, April 17, 1 9 5 1 ..............................................at 3690 Second District Commercial Banking Voluntary Credit Restraint Committee Printed letter dated April 11, 1951.............................. at 3689 Printed letter dated August 8, 1951. . . . . . . . . . . . . . . . . . at37b2 Printed letter dated October 19, 1951............ .............. at 3772 Printed letter dated November 27, 1951 ..................... . . * at 3786 Printed letter dated November 28, 1951 .............. .............at 3787 CURRENCY New Series of Federal Reserve Notes, February 23, 1951 ......... DAYLIGHT SAVING TIME Beginning April 29, 1951 ................ * ..............* - * * * Return to Standard time, September 25, 1951 . . . . . . . .......... . DEPOSITS OF PUBLIC MONEYS Change in grouping of Treasury Tax and Loan Depositaries, December b, 1951 Deposit of Railroad Retirement Taxes with Depositary Banks, June 28, 1951 Deposits in Treasury Tax and Loan Accounts of Special Depositaries Second Amendment to Treasury Circular No. 92 (Revised) February 21, 1951 Deposits of December tax collections in Treasury Tax and Loan Accounts, November 29, 1951 . . * - ....... * * * * * * * * * * * * * * * * * * Deposits of December tax collections in Treasury Tax and Loan Accounts amended instructions, December 5, 1951 ............ * * ........ * Deposits of June tax collections in Treasury Tax and Loan Accounts, May 31, ..................................................... Deposits of September tax collections in Treasury Tax and Loan Accounts, August 30, 1951 . .......... * < * - . * * * * * * * * .......... 3660 3693 3760 3790 3729 3658 3788 37!% 3713 3751 Index of Federal Reserve Bank Circulars Noe. %37 - 3802 - it - Circular No. DIRECTORS February 26, 1951 - death of Lewis H. Brown, Class 3 director,....... at 3661 March 16, 1931 - special election of class B director to fill vacancy caused by death of Lewis H. Brown . . . . . . . . . . . . . . . . . . . 3672 April 18, 1951 - Clarence Francis nominated by banks in Group 1 . . . . . 3691 May 1, 1951 - printed letter of the elected directors of this Bank to member banks which elected them, etc. . ...........................at 3696 May it, 1951 - Clarence Francis elected class B director for unexpired term ending December 31, 1952 ............ .............. . 3698 September 27, 1951 - R. B. Prescott, J. E. Crane, terms expire December 31, 1951 ................ ..................... 376b October 31# 1951 - Frederic P. Armstrong, Jay E. Crane, nominated by 377b banks in Group 3 ................ ......................... . November 16, 1951 - Frederic P. Armstrong elected, Jay E. Crane reelected 3783 for three-year term beginning January 1, 1952 ............ . President's Report to, for the year 1950,........................ at 3683 DIRECTORY Of this Bank, April 2, 1951 ...................................... at 368b DIVIDEND Semiannual dividend (Revision of Operating Circular No. 16) June 25, 195l 3726 ELECTION OF DIRECTORS (See DIRECTORS) EXCHANGES (See TREASURY ISSUES) FEDERAL RESERVE BANK By-laws of the Federal Reserve Bank of New York as amended effective October 5# 1951 and of its Buffalo Branch as amended effective March 1, 19b7, issued October 1 9 5 1 ................................... at 3771 FEDERAL RESERVE BOARD (See BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM) GOVERNMENT DEPOSITS (See DEPOSITS OF PUBLIC MONEYS) GUARANTEED LOANS TO INDUSTRY (See LOANS) LOANS Loan guarantees for defense production (Regulation V), May 29, 1951 . . . Standard provision in military contracts pertaining to Assignment of Claims, June 27, 1951 .......................................... V-loan financing for increased production of machine tools, September 25, 1951 ..................................................... 3712 3728 3761 MARGIN REQUIREMENTS (See BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, Regulations T and U) MEMBER BANKS New The Broadalbin Bank, Broadalbin, New York, May 17, 1951 . . . . . . . . at 3706 The Matawan Bank, Matawan, New Jersey, November 21, 1951 . . . . . . . at 3785 First National Bank in Westport, Westport, Connecticut, December lit, 1 9 5 1 ...................................................... 3793 ratios of member Digitized forOperating FRASER for the year 1950, Kerch banks in the Second Federal Reserve District 6, 1951 ................................ 3667 Index of Federal Reserve Bank Circulars Nos. 3637 - 3802 - $ Circular No. NOTES (See CURRENCY; TREASURY ISSUES) PUBLIC MONEYS (See DEPOSITS OF PUBLIC MONEYS) REAL ESTATE CREDIT (See BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, Regulation X) RESERVES Classification of reserve cities, March 1, 1931................... .....3663 SATURDAY CLOSING Of banks in Utah, June 7, 1 9 3 1 ............................... . . 3718 SECURITIES Transactions in Marketable Securities of the United States, January 9, 1 9 5 1 ........................................................ ....36a STANDARD TIME (See DAYLIGHT SAVING TIME) STATEMENTS (See ANNUAL STATEMENT) TAXES (See DEPOSITS OF PUBUC MONEYS) TREASURY TAX AND LOAN ACCOUNT (See DEPOSITS OF PUBLIC MONEYS) TREASURY BILLS $1,000,000,000 91-day, $1,000,000,000 91-day, $1,000,000,000 91-day, $1,100,000,000 91-day, $1,100,000,000 91-day, $1,100,000,000 91-day, Results of Bidding for $1,100,000,000 90-day, $1,100,000,000 91-day, $1,100,000,000 91-day, $1,000,000,000 91-day, $1,000,000,000 91-day, $1,000,000,000 91-day, $1,000,000,000 91-day, $1,000,000,000 91-day, $1,000,000,000 91-day, $1,000,000,000 91-day, $1,100,000,000 91-day, $1,100,000,000 91-day, $1,100,000,000 91-day, $1,100,000,000 91-day, $1,100,000,000 91-day, $1,100,000,000 91-day, Results of Bidding for $1,000,000,000 91-day, $1,000,000,000 91-day, $1,000,000,000 91-day, $1,200,000,000 91-day, $1,200,000,000 91-day, January 11, 1931, maturing April 12, 1931 . . . . 3637 January 18, 1931, maturing April 19, 1931 . . . . 3642 January 23, 1931, maturing April 26, 1931 . . . . 3643 February 1, 1931, maturing May 3, 1931 .............3648 February 8, 1931, maturing May 10, 1931 ....... ....36it9 February 13, 1931, maturing May 17, 1931 . . . . . 3630 Treasuiy bills dated February 8, 1931# Feb. 6, 1931 3631 February 23, 1931, maturing May 24, 1931 ....... ....3633 March 1, 1931, maturing May 31, 1931 .......... ....3637 March 8, 1931, maturing June 7, 1931 ......... ....3662 March 13, 1931, maturing June 14, 1931 .............3668 March 22, 1931, maturing June 21, 1931 ......... ....3670 March 29, 1931, maturing June 28, 1931 ......... ....3676 April 3, 1931, maturing July 3, 1931 .......... ....3681 April 12, 1931, maturing July 12, 1931 .............3686 April 19, 1931, maturing July 19, 1931 ......... ....3689 April 26, 1931, maturing July 26, 1931 ......... ....3692 May 3, 1931, maturing August 2, 1931 ...............3694 May 10, 1931, maturing August 9, 1931 . . . . . . 3696 May 17, 1931, maturing August 16, 1931 . . . . . . 3701 May 24, 1931, maturing August 23, 1931 .............3703 May 31, 1931, maturing August 30, 1931 .............3708 June 7, 1931# maturing September 6, 1931 ....... ....3709 Treasury bills dated May 31, 1931, May 29, 1931 . 3711 June 14, 1931, maturing September 13, 1931 . . . . 3717 June 21, 1931, maturing September 20, 1931 . . . . 3719 June 28, 1931, maturing September 27, 1931 . . . . 3724 July 3, 1931, maturing October 4, 1931 . . . . . . 3727 July 12, 1931, maturing October 11, 1931 ....... .... 3730 Index of Federal Reserve Bank Circulars Noe. %37 - 3802 - 6 - TREASURY BILLS (Continued) $1,200,000,000 91-day, July 19, 1951, maturing October 18, 1951....... $1,200,000,000 91-day, July 26, 1951# maturing October 25, 1951 ....... $1,300,000,000 91-day, August 2, 1951# maturing November 1, 1951 . . . . $1#300,000,000 91-day, August 9, 1951, maturing November 8, 1951 . . . . $1,300,000,000 91-day, August 16, 1951, maturing November 15, 1951 . . . $1,100,000,000 92-day, August 23# 1951, maturing November 23, 1951 . . . $1,100,000,000 91-day, August 30, 1951, maturing November 29, 1951 . . . $1,100,000,000 91-day, September 6, 1951, maturing December o, 1951 . . . Results of Bidding for Treasury bills dated August 30, 1951# August 28, 1 9 5 1 ...................................................... $1,200,000,000 91-day, September 13, 1951, maturing December 13, 1951 . . $1,200,000,000 91-day, September 20, 1951, maturing December 20, 1951 . . $1,200,000,000 91-day, September 27, 1951, maturlngDecember 27, 1951 . . $1,200,000,000 91-day, October 4, 1951, maturing January 3, 1952 . . . . $1,200,000,000 91-day# October 11, 1951# maturing January 10, 1952 . . . $1,200,000,000 91-day, October 18, 1951, maturing January 17, 1952 . . . Special Offering of lbb-day Treasury Bills - Tax Anticipation Series, October 10, 1 9 5 1 ............................................. $1,250,000,000 lbb-day Treasury bills - Tax Anticipation Series dated October 23# 1951# maturing March 15# 1952 . . . . . . ....... . . . . &,200,000,000 91-day, October 25, 1951# maturing January 2b, 1952 . . . Results of Bidding for lbb-day Treasury bills, dated October 23, 1951# Tax Anticipation Series, October 18, 1951 . . . . . . . . . . . . . . . $1,300,000,000 91-day, November 1, 1951# maturing January 31* 1952 . . . $1,300,000,000 91-day, November 8, 1951# maturing February 7, 1952 . . . $1,300,000,000 91-day, November 15, 1951, maturing February lb, 1952 . . Results of Bidding for Treasury bills dated November 8, 1951, November 7# 1951 ...................................................... $1,100,000,000 90-day, November 23, 1951# maturing February 21, 1951 . . Special Offering of 201-day Treasury bills - Tax Anticipation Series, November lb, 1951 . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,250,000,000 201-day, to be designated "Tax Anticipation Series" dated November 27, 1951# maturing June 15# 1952 ................... . Results of Bidding for 201-day Treasury bills dated November 27, 1951, Tax Anticipation Series, November 21, 1 9 5 1 ................. . $1,100,000,000 91-day, November 29, 1951# maturing February 28, 1952 . . $1,100,000,000 91-day, December 6, 1951, maturing March 6, I952 . . . . . $1,200,000,000 91-day, December 13, 1951, maturing March 13, 1952 . . . . $1,200,000,000 91-day, December 20, 1951, maturing March 20, 1952 . . . . $1,200,000,000 91-day, December 27, 1951, maturing March 27, 1952 . . . . Results of Bidding for Treasury bills dated December 20, 1951# December 18, 1951 . ................................................... $1,200,000,000 91-day, January 3, 1952, maturing April 3# 1952 . . . . . Results of Bidding for Treasury bills dated December 27, 1951# December 2b, 1 9 5 1 ............................................ . TREASURY ISSUES Additional information regarding 2 3/b% Bonds — Investment Series B-1975-80 April 2, 1951 ................................................. Announcement regarding new Treasury offering, March 5# 1951......... . Call for redemption on June 15# 1951 of 2 3/b% Bonds of 195l-5b dated June 15# 1936 due June 15, 195b# February 13# 1951 . . . . . . * Call for redemption on September 15# 1951 of 3% Bonds of 1951-55 dated September 15# 1931 due September 15# 1955, May lb* 1951 . . . . . . . . Circular No. 3731 3735 3737 37bO 37bl 37bb 37b5 37b6 37b7 375b 3756 3759 3763 3767 3768 3769 3770 3771 3772 3773 3775 3776 3777 3779 3780 3781 378b 3785 3787 3791 3793 379b 3795 3798 3800 3683 3666 3652 3703 Index of Federal Reserve Rank Circulars Hoe. 3637 - 3302 - 7 - Circular No. TREASURY ISSUES (Continued) Cell for redemption on December 15, 1951 of 2^% Bonds of 1951-53 dated December 22, 1939, due December 15, 1953, August 13, 1951 * .......... . 3743 Exchange offering - press statement March 8, 1951 ...................... . 3669 Income tax status of Treasury bond exchange offer, March 26, 1951 . . . . . . . 3769 Joint announcement by the Secretary of the Treasury and the Chairman of the Board of Governors, and of the Federal Open Market Committee, of the FederalReserveSystem, March 5. 1951 . . .............................. 3665 Notice of call for redemption - 2g% Bonds of 1952-54, November 13, 1951 . . . . 3778 Redemption of Treasury Bonds to pay Federal Estate Taxes, June 18, 1951 . . . . 3722 Restrictive endorsements of U. S. bearer securities, March 20, 1951 . . . . . . 3675 Subscription books close April 6, 1951 for 2 3/4% Bonds, Investment Series B-1975-80, April 3, 1951 ........... . ............... ........... . . 3685 Treasury financing - press statement, May 6, 1951 (preliminary notice) . . . . 3700 Treasury financing - press statement, May 28, 1951 (preliminary notice) . . . . 3710 Treasury financing - press statement, July 12, 1951 (preliminary notice) . . . 3732 Treasury financing - August 26, 1951 (preliminary notice) .............. . 3748 Treasury financing - September 26, 1951 (preliminary notice) . . . . . . . . . 3762 Treasury financing - November 26, 1951 (preliminary notice) . . . . . . . . . . 3736 Treasury savings notes, Series A (transmitting Treasury Circular Mo. 889, May 10, 1951 and Form G.B. 499A)Mayl4, 1951. . . - .............. . . . 3704 1 7/8% Certificates of Indebtedness of Series A-1952, dated June 15, 1951, due April 1, 1952, in exchange for 2 3/4% Bonds of 1951-54, dated June 15, 1936, called June 15, 1951; li% Notes of Series B-1951, Series C-1951 and Series D-1951, maturing July 1, 1951 ....... . . . . . . * . * * . . . * * * * . . 3714 1 7/8% Certificates of Indebtedness of Series B-1952, dated August 1, 1951, due July 1, 1952, in exchange for 1^% Notes of Series E-1951, maturing August 1,1951. . . . . . . . . . . * . . . * . * * * * * * * . * * * * * * 3734 1 7/8% Certificates of Indebtedness of Series C-1952, dated December 15, 1951, Due August 15, 1952 in exchange for 3% Bonds of 1951-55, dated September 15, 1931, called for redemption on September 15, 1951 . . . . . . . 3752 1 7/8% Certificates of Indebtedness of Series D-1952, dated October 1,1951, due October 1, 1952 in exchange for 1^% Notes of Series A-1951, maturing October 1, 1951 . . . ................................... ......... * 3758 1 7/8% Certificates of Indebtedness of Series E-1952, dated October 15, 1951, due October 1, 1952 in exchange for 1^% Notes of Series F-1951, maturing October 15, 1951 or 1^% Notes of Series G-1951, maturing November 1, 1951 . . 3766 1 7/8% Certificates of Indebtedness of Series F-1952, dated December 15, 1951 due December 1, 1952 in exchange for 2^% Bonds of 1951-53, dated December 22, 1939, called for redemption on December 15, 1951 ..................... . 3789 2 3/4% Bonds, Investment Series B-1955-80, Nontransferable, dated April 1, 1951, due April 1, 1980, in exchange for 2^% Bonds of 1967-72, dated June 1, 1945, due June 15, 1972, or 2^% Bonds of 1967-72, dated November 15, 1945, due December 15, 1972: 1§% five-year Notes, dated April 1 and October 1 of each year due five years from issue date in exchange for 2 3/4% Bonds, Investment Series B-1975-80 .......... 3671 UNITED STATES SAVINGS BONDS Defense Bonds-- Nev official symbol for issuing agents, July 26, 1951 . . . . Exchange of matured series E bonds for series G bonds bearing special par redemption privilege, May 4, 1951 ................ . . . . . . . . . . . . 3738 697 Index of Federal Reserve Bank Circulars Mbs. 3637 - 3802 Circular - 8- No. UNITED STATES SAVINGS BONDS (Continued) First Defense Bond Drive, August 30, 1951 .. .............. . . . . . . . 3730 Options open to owners of maturing Series S bonds (transmitting Treasury Circular No. 88$) March 27, 19$1 ................................... ... 3680 Three options for owners of savings bonds, March 30, 1951 ....... . . . . . a t 3682 Three options for owners of savings bonds, April 4, 1951 . . . . . . . . . . a t 3686 Three options for owners of savings bonds, March 30, 1951 ................. at 3688 Payment of savings bonds without owners' signatures (Treasury Circular No. 888 and Form PD 2291) May 22, 1951 ................................. ... 3707 WITHHELD TAXES (See DEPOSITS OF PUBLIC MONEYS)
@FedFRASER