View PDF

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

FEDERAL RESERVE BANK
OF N E W YORK

Check Department

TCircular No. 317
[November 15, 1920

North Carolina Added To Par List

To all Member Banks in the Second Federal Reserve District:
All banks in the State of North

Carolina

are now on the par list.

This

means t h a t checks drawn on all banking institutions in forty-one states of the union
can now be collected at par through the Federal Reserve Banks.

In other words

28,126 of the nation's 30,286 banking institutions, or nearly 93 per cent, of the whole
are on the list.

The remaining 7 per cent, are situated in Alabama, Florida, Georgia,

Louisiana, Mississippi, South Carolina and Tennessee in the Atlanta, Richmond and
St. Louis districts.
The placing of all of the banks in North

Carolina on the par list becomes

effective to-day, November 15, 1920.




Very truly yours,
J. H.

CASE,

Acting Governor

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