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CIRCULAR NO. 35.

FEDERAL RESERVE BANK OF N E W YORK
6 2 CEDAR

STREET

R E L A T I N G TO A P P L I C A T I O N S T O S E L L U. S. B O N D S

N E W YORK, November 12, 1915.
T o T H E CASHIER,
SIR:

Section 18 of the Federal Reserve Act provides that any member bank desiring to retire
the whole or any part of its circulating notes, may file with the Treasurer of the United States
an application to sell for its account at par and accrued interest, United States Bonds securing
circulation to be retired.
This section of the Act takes effect December 23, 1915, and the Federal Reserve Board
has announced that the first quarterly period for which they will consider such applications will
be the period ending March 31, 1916. In accordance with the terms of the Act, all applications
to sell such bonds, in order to be considered by the Board at that time, must have been filed
with the Treasurer, of the United States at least ten days before the end of the quarter, i. e., on
or before March 21, 1916.
It seems appropriate at this time to issue blank forms for the use of member banks of this
district, together with suggestions concerning the procedure to be followed. In making application, member banks should bear in mind the following points:
1st: T h e only bonds that are eligible for sale in this manner are United States Bonds which
at the time of application are actually securing circulation of national bank notes to be retired.
2 n d : T h e applications should be forwarded directly to the Treasurer of the United States,
Washington, D. C.
3 r d : T h e applications must be received by the Treasurer of the United States at least ten
days before the end of the quarterly period at which the sale is desired to be made.
4 t h : It is optional with the Federal Reserve Board whether or not to require the Federal
reserve banks to purchase the bonds offered for sale.
5th: If the Federal reserve banks are required by the Federal Reserve Board to purchase
the bonds, the price will necessarily be par and accrued interest.
6 t h : The aggregate amount of such bonds which the Federal reserve banks can be required
to purchase is limited to $25,000,000. in any one year, and will not exceed $6,250,000. in any one
quarterly period.
7th: This aggregate amount may furthermore be reduced by the amount of bonds purchased during the same year by the Federal reserve banks in the open market.
8 t h : Applications to sell, which are not accepted for purchase in full at the end of any
quarter, lapse, but the bonds not purchased may be offered again for sale by filing new application at least ten days before the end of any other quarter.




Respectfully,
BENJ. STRONG, JR.,
Governor.

APPLICATION

(Date)
To T H E TREASURER OF T H E U N I T E D STATES,

Washington, D. C.
SIR:

In behalf of the
National Bank of
I hereby make application to you to sell for its account at par and accrued interest, United States
Bonds securing circulation of the said bank to be retired, as follows:




Description of Bonds

Nos.

Rate of
Interest

Total am o u n t

Maturity

---

Amount

•--

Respectfully,
Cashier,

National Bank of

FEDERAL RESERVE BANK OF NEW YORK
PREFERENTIAL BALLOT
FOR 1915 ELECTION OF CLASS A AND CLASS B DIRECTORS
BY GROUP 3, FEDERAL RESERVE DISTRICT NO. 2
INSTRUCTIONS TO DISTRICT RESERVE ELECTORS
The following instructions should be followed carefully. Failure to observe them may invalidate this ballot.
Your first choice should be voted in the first column, your second choice in the second column, your third choice in the
third column, and other choices in their respective columns. Each vote should be made by a cross marked thus (X).
Do not vote more than one choice for any one candidate.
In order to be counted, this ballot, with the certificate signed by the District Reserve Elector, must be returned to me
within fifteen days from its receipt.
PIERRE JAY.
Chairman, Board of Directors.

VOTE OF DISTRICT RESERVE ELECTOR
FOR ONE CLASS A DIRECTOR AND ONE CLASS B DIRECTOR
(Indicate in proper columns thus ( X ) your first, second, and other choices.)

CLASS A DIRECTOR
NAME A N D ADDRESS
OF CANDIDATE

1st
Choice

2nd
Choice

CLASS B DIRECTOR
3rd
Choice

4th
Choice

5th
Choice

NAME AND ADDRESS
OF CANDIDATE

1st
Choice

B. H. HOWELL
Garfield, N. J.

3rd
Choice

4th
Choice

5th
Choice

JAMES W. JOHNSON
New Brunswick, N. J.

FRANKLIN D.LOCKE
Buffalo, N. Y.

2nd
Choice

LESLIE R. PALMER
Croton-on-Hudson, N. Y.

JOSIAH VV. PLACE
New York City
WALTER M. VAN DEUSEN
Newark, N. J.
D. D. WOODARD
Granville. N. Y.

November
,1915
To Pierre Jay,
Chairman, Board of Directors,
Federal Reserve Bank of New York.
In accordance with Section 4 of the Federal Reserve Act I hereby certify that my first, second and other choices for
a Class A and a Class B director of the Federal Reserve Bank of New York are indicated thus (X) in the appropriate columns
of this ballot.




District Reserve Elector.
For
(name of bank)

FEDERAL RESERVE BANK OF NEW YORK
6 2 CCDAR

STREET

N E W Y O R K , November 15,
To

DISTRICT RESERVE

1915.

ELECTORS :

In accordance with the provisions of Section 4 of the Federal Reserve Act, the
following list of the candidates who have been nominated for Class A and Class B
directors, showing also the banks which nominated them, is hereby furnished to District
Reserve Electors of Group 3, in Federal Reserve District N o . 2.
Respectfully,
PIERRE

JAY,

Chairman.

CANDIDATES FOR CLASS A DIRECTOR
B. H. HOWELL, of GARFIELD, N. J.
Garfield, N. J.

First National Bank
FRANKLIN D. LOCKE, of BUFFALO, N. Y.

Akron, N. Y.
Allegany, N. Y.
Altamont, N. Y.
Andover, N. Y.
Arcade, SL Y«
Argyle, N. Y.
Babylon, N, Y.
Brown Station, N*. Y.
Canajoharie, N. Y.
Candor, N. Y.
Carmel, N. Y.
Cato, N. Y.
Cazenovia, N. YCentral Valley, N . Y .
Cherry Valley, N , Y.
Clyde, N. Y.
Cold Spring-on-Hudson, N. Y.
Cornwall, N. Y.
Croton-on-Hudson, N. Y«
Dundee, N. Y.



Wickware National Bank
First National Bank
First National Bank
Burrows National Bank
First National Bank
First National Bank
Babylon National Bank
Ashokan National Bank
Canajoharie National Bank
First National Bank
Putnam County National Bank
First National Bank
Cazenovia National Bank
Central Valley National Bank
National Central Bank
Briggs National Bank
National Bank of Cold Spring
Cornwall National Bank
First National Bank
Dundee National Bank

East Aurora, N. Y.

First National Bank

East Rochester, N. Y.

First National Bank

Farmingdale, N. Y.

First National Bank

Fredonia, N. Y.

National Bank of Fredonia

Gasport, N. Y.

First National Bank

Goshen, N. Y.

Goshen National Bank

Granville, N. Y.

Granville National Bank

Granville, N. Y.

Washington County National Bank

Greenwood, N. Y.

First National Bank

Griffin Corners, N. Y.

First National Bank

Hammond, N. Y.

Citizens National Bank

Hudson Falls, N. Y.

Hudson Falls National Bank

Huntington, N. Y.

First National Bank

Irvington, N. Y.

Irvington National Bank

Jeffersonville, N. Y.

First National Bank

Lake George, N. Y.

First National Bank

Lake Placid, N. Y.

Lake Placid National Bank

Livingston Manor, N. Y.

Livingston Manor National Bank

Lindenhurst, N. Y.

First National Bank

Marathon, N. Y.

First National Bank

Margaretville, N. Y.

People's National Bank

Middleport, N. Y.

First National Bank

Milford, N. Y.

Milford National Bank

Mineola, N. Y.

First National Bank

New Berlin, N. Y.

National Bank of New Berlin

Nichols, N. Y.

Nichols National Bank

North Creek, N. Y.

North Creek National Bank

North Rose, N. Y.

First National Bank

Ovid, N. Y.

First National Bank

Ozone Park, N. Y.

First National Bank

Phelps, N. Y.

Phelps National Bank

Pine Bush, N. Y.

Pine Bush National Bank

Poland, N. Y.

Citizens National Bank

Remsen N. Y.

First National Bank

Ripley, N. Y.

First National Bank

Rockville Centre, N. Y.

First National Bank

Roscoe, N. Y.

First National Bank

Roxbury, N. Y.

The National Bank of Roxbury

Salem, N. Y.

Peoples National Bank

Saranac Lake, N. Y.

Saranac Lake National Bank




Schenevus, N. Y.
Silver Creek, N. Y.
Silver Springs, N. Y.
Sodus, N. Y.
So. Glens Falls, N. Y.
South Otselic, N. Y.
Springville, N. Y.
Smithtown Branch, N. Y.
Trumansburg, N. Y.
Union, N. Y.
Wallkill, N. Y.
Whitehall, N. Y.
Windsor, N. Y.
Washingtonville, N. Y.
Waterloo, N. Y.
Califon, N. J.
Eatontown, N. J.
Englishtown, N. J.
Rockaway, N. J.
Roosevelt, N. J.
Tenafly, N. J.
Westwood, N. J.

Schenevus National Bank
The Silver Creek National Bank
Silver Springs National Bank
First National Bank
First National Bank
Otselic Valley National Bank
Citizens National Bank
National Bank of Smithtown Branch
First National Bank
Farmers National Bank
Wallkill National Bank
National Bank of Whitehall
Windsor National Bank
First National Bank
First National Bank
Califon National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank .

JOSIAH W. PLACE, of NEW YORK CITY
Mariner Harbor, N. Y.
Philmont, N. Y.
Tottenville, N. Y.

Mariner Harbor National Bank
First National Bank
Tottenville National Bank

WALTER M. VAN DEUSEN, of NEWARK, N. J.
Bradley Beach, N. J.
Keansburg, N. J.
Ocean Grove, N. J.
Sea Bright, N. J.

First National Bank
Keansburg National Bank
Ocean Grove National Bank
First National Bank

D. D. WOODARD, of GRANVILLE, N. Y.
Frankfort, N. Y.



Citizens National Bank

•

C A N D I D A T E S FC R CLASS B DIRECTOR
JAMES W. JOHNSON, of NEW BRUNSWICK, N. J.
First National Bank
Bradley Beach, N. J.
Keansburg National Bank
Keansburg, N. J.
Ocean Grove National Bank
Ocean Grove, N. J.
LESLIE R. PALMER, of CROTON-ON-HUDSON, N. Y.
Akron, N. Y.
Allegany, N. Y.
Altamont, N. Y.
Andover, N. Y.
Arcade, N. Y.
Argyle, N. Y.
Babylon, N. Y.
Brown Station, N. Y.
Canajoharie, N. Y.
Candor, N. Y.
Carmel, N. Y.
Cato, N. Y.
Cazenovia, N. Y.
Central Valley, N. Y.
Cherry Valley, N. Y.
Clyde, N. Y.
Cold Spring-on-Hudson, N. Y.
Cornwall, N. Y.
Croton-on-Hudson, N. Y.
Downsville, N. Y.
Dundee, N. Y.
East Aurora, N. Y.
East Rochester, N. Y.
Farmingdale, N. Y.
Frankfort, N. Y.
Fredonia, N. Y.
Gasport, N. Y.
Goshen, N. Y.
Granville, N. Y.
Granville, N. Y.
Greenwood, N. Y.
Griffin Corners, N. Y.
Hammond, N. Y.




Wickware National Bank
First National Bank
First National Bank
Burrows National Bank
First National Bank
First National Bank
Babylon National Bank
Ashokan National Bank
Canajoharie National Bank
First National Bank
Putnam County National Bank
First National Bank
Cazenovia National Bank
Central Valley National Bank
National Central Bank
Briggs National Bank
National Bank of Cold Spring
Cornwall National Bank
First National Bank
First National Bank
Dundee National Bank
First National Bank
First National Bank
First National Bank
Citizens National Bank
National Bank of Fredonia
First National Bank
Goshen National Bank
Granville National Bank
Washington County National Bank
First National Bank
First National Bank
Citizens National Bank

Hudson Falls, N. Y.
Huntington, N. Y.
Irvington, N. Y.
Jeffersonville, N. Y.
Lake George, N. Y.
Lake Placid, N. Y.
Livingston Manor, N. Y.
Lindenhurst, N. Y.
Marathon, N. Y.
Margaretville, N. Y.
Mariner Harbor, N. Y.
Middleport, N. Y.
Milford, N. Y.
Mineola, N. Y.
New Berlin, N. Y.
Nichols, N. Y.
North Creek, N. Y.
North Rose, N. Y.
Ovid, N. Y.
Ozone Park, N. Y.
Phelps, N. Y.
Philmont, N. Y.
Pine Bush, N. Y.
Poland, N. Y.
Remsen, N. Y.
Ripley, N. Y.
Rockville Centre, N. Y.
Roscoe, N. Y.
Roxbury, N. Y.
Salem, N. Y.
Saranac Lake, N. Y.
i

Schenevus, N. Y.
Silver Creek, N. Y.
Silver Springs, N. Y.
Smithtown Branch, N. Y.
Sodus, N. Y.
So. Glens Falls, N. Y.
South Otselic, N. Y.
Springville, N. Y.
Tottenville, N. Y.



Hudson Falls National Bank
First National Bank
Irvington National Bank
First National Bank
First National Bank
Lake Placid National Bank
Livingston Manor National Bank
First National Bank
First National Bank
People's National Bank
Mariner Harbor National Bank
First National Bank
Milford National Bank
First National Bank
National Bank of New Berlin
Nichols National Bank
North Creek National Bank
First National Bank
First National Bank
First National Bank
Phelps National Bank
First National Bank
Pine Bush National Bank
Citizens National Bank
First National Bank
First National Bank
First National Bank
First National Bank
The National Bank of Roxbury
Peoples National Bank
Saranac Lake National Bank
Schenevus National Bank
The Silver Creek National Bank
Silver Springs National Bank
National Bank of Smithtown Branch
First National Bank
First National Bank
Otselic Valley National Bank
Citizens National Bank
Tottenville National Bank

Trumansburg, N. Y.
Union, N. Y.
Wallkill, N. Y.
Washingtonville, N. Y.
Waterloo, N. Y.
Whitehall, N. Y.
Windsor, N. Y.
Califon, N. J.
Englishtown, N. J.
Eatontown, N. J.
Rockaway, N. J.
Roosevelt, N. J.
Sea Bright, N. J.
Tenafly, N. J.
Westwood, N. J.




First National Bank
Farmers National Bank
Wallkill National Bank
First National Bank
First National Bank
National Bank of Whitehall
Windsor National Bank
Califon National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank
First National Bank

SHEET N O

1

LIST No. 12
DECEMBER I, 1915
MEMBER BANKS WHICH HAVE JOINED THE COLLECTION SYSTEM OF THE
FEDERAL RESERVE BANK OF NEW YORK
Additions since November 15th marked *
NEW YORK.
Albany, N. Y
First National Bank
29-8
"
" "
National Commercial Bank
29-7
" "
N. Y. State National Bank
29-1
Amsterdam, N. Y
First National Bank
50-135
Bay Shore, N. Y
First National Bank
50-903
Bronxville, N. Y
Gramatan National Bank
50-668
Brooklyn, N. Y
First National Bank
1-356
" "
Greenpoint National Bank
1-389
"
" "
Nassau National Bank
1-118
" "
National City Bank
1-352
" "
Peoples National Bank
1-385
Buffalo, N. Y
Central National Bank
10-24
" "
Marine National Bank
10-2
" "
Third National Bank
10-6
Cazenovia, N. Y
Cazenovia National Bank
50-685
Dundee, N. Y
Dundee National Bank
50-607
Elmira, N. Y
Merchants National Bank
50-110
" "
Second National Bank
50-108
Far Rockaway, N. Y
Natl. Bank of Far Rockaway
1-436
Glens Falls, N. Y
First National Bank
50-256
1
"
Natl. Bank of Glens Falls
50-255
Gouverneur, N. Y
First National Bank
50-470
Granville, N. Y
Washington Co. Natl. Bank
50-484
Greenwich, N. Y
First National Bank
50-748
Hudson Falls, N. Y
Peoples National Bank
50-435
Ithaca, N. Y
First National Bank
50-262
" "
Tompkins Co. National Bank
50-261
Jamaica, N. Y
The First National Bank
1-431
Larchmont, N. Y
Larchmont National Bank
50-776
Lockport, N. Y
National Exchange Bank
50-223
Mariner Harbour, N. Y
Mariner Harbour National Bank
1-455
Newburgh, N. Y
Highland National Bank
50-174
New York, N. Y
American Exchange Natl. Bank
1-21
" "
Atlantic National Bank
1-13
" "
Bank of New York, N. B. A
1-1
" "
Battery Park National Bank
1-232
" "
Broadway Trust Co
1-119
" "
Bronx National Bank
1-416
" "
Chase National Bank
1-74
" "
Chatham & Phenix Natl. Bank
1-30
" "
Chemical National Bank
1-12
" "
Citizens Central Natl. Bank
1-36
" "
Coal & Iron Natl. Bank
1-99
" "
East River National Bank
1-59
" "
Fifth National Bank
1-82
" "
First National Bank
1-65
" "
Garfield National Bank
1-81
" "
Gotham National Bank
1-244
" "
Hanover National Bank
1-33
" "
Importers & Traders Natl. Bank
1-53
" "
Irving National Bank
1-67
" "
Liberty National Bank
1-91
" "
Lincoln National Bank
1-80
" "
Market & Fulton Natl. Bank
1-42
" "
Mechanics & Metals Natl. Bank
1-4
" "
Merchants National Bank
1-3
" "
National Bank of Commerce
1-23
" "
Natl. Butchers & Drovers Bank
1-15
" "
National City Bank
1-8
" "
National Park Bank
1-54
" "
New York County Natl. Bank
1-71
" "
Seaboard National Bank
1-85
" "
Second National Bank
1-63

" "
Union Exchange Natl. Bank
1-100


SHEET N O

LIST No, 12
DECEMBER I, 1915
MEMBER BANKS WHICH HAVE JOINED THE COLLECTION SYSTEM
FEDERAL RESERVE BANK OF NEW YORK.
Additions since November 15th marked *
NEW YORK.
Nyack, N. Y
Nyack National Bank
Ogdensburg, N .Y
Natl. Bank of Ogdensburg
Ossining, N. Y
First National Bank
" "
Ossining National Bank
Perry, N. Y
First National Bank
Port Chester, N. Y
First National Bank
Port Jefferson, N. Y
First National Bank
Ridgewood, N. Y
Ridgewood National Bank
Rochester, N. Y
Traders National Bank
Rye, N. Y
Rye National Bank
Schenectady, N. Y
The Mohawk National Bank
" "
Union National Bank
Stapleton, N. Y
Richmond Borough Natl. Bank
*
"
"
Stapleton National Bank
Syracuse, N. Y
First National Bank
" "
Salt Springs Natl. Bank
Tottenville, N. Y
Tottenville National Bank
Troy, N. Y
Manufacturers Natl. Bank
White Plains, N. Y
First National Bank
NEW JERSEY. '
Allentown, N. J
Farmers National Bank
Arlington, N. J
The First National Bank
Asbury Park, N. J
Seacoast National Bank
Bernardsville, N. J
Bernardsville National Bank
Blairstown, N. J
First National Bank
Boonton, N. J
Boonton National Bank
Bound Brook, N. J
Bound Brook National Bank
Clinton, N. J
Clinton National Bank
East Newark, N. J
First National Bank
Edgewater, N. J
First National Bank
Englishtown, N. J
First National Bank
Flemington, N. J
Flemington National Bank
«"
Hunterdon County Natl. Bank
Freehold, N. J
The Nat. Freehold Banking Co
Garfield, N. J
First National Bank
Hackensack, N. J
Peoples National Bank
Hoboken, N. J
First National Bank
" "
Second National Bank
Hope, N. J
First National Bank
Lyndhurst, N. J
First National Bank
Manasquan, N. J
Manasquan National Bank
Matawan, N. J
Farmers & Merchants Natl. Bank
Morristown, N. J
First National Bank
"•'*
National Iron Bank
Newark, N. J
National Newark Banking Co
" "
National State Bank
New Brunswick, N. J
National Bank of New Jersey
" "
Peoples National Bank
Orange, N. J
Orange National Bank
Orange, N. J
Second National Bank
Paterson, N. J
First National Bank
" "
Paterson National Bank
" "
Second National Bank
Plainfield, N. J
City National Bank
" "
The First National Bank
Ridgefield Park, N. J
First National Bank
Ridgewood, N. J
First National Bank
Somerville, N. J
First National Bank
"
" "
Second National Bank
Secaucus, N. J
The First National Bank
South River, N. J
First National Bank
Spring Lake, N. J
First National Bank
Tenafly, N. J
First National Bank
Westfield, N. J
The National Bank of Westfield
West Orange, N. J
First National Bank




2

OF THE

50-457
50-240
50-318
50-319
50-463
50-281
50-555
1-437
50-8
50-845
50-88
50-90
1-454
1-453
50-36
50-34
1-456
50-64
50-234
55-367
55-368
55-243
55-374
55-365
55-378
55-335
55-363
55-389
55-351
55-392
55-350
55-349
55-340
55-395
55-216
55-108
55-110
55-459
55-469
55-411
55-412
55-230
55-231
55-1
55-2
55-179
55-180
55-170
55-171
55-55
55-60
55-56
55-193
55-191
55-433
55-294
55-312
55-314
55-440
55-442
55-443
55-446
55-282
55-450

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