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F E D E R A L RESERVE BANK
O F N E W YORK

'Circular No. 343, February 9, 1921,
supplementing circulars No. 340, dated J a n u a r y
29, 1931, No. HO, dated December 30, 1920. No.
309, dated October 15, 1920, No. 286, dated J u n e
1, 1920, No. 278, dated May 17, 1920, modifying
^ c i r c u l a r No. 268, dated March 1, 1920.
,

Department

Collection of Checks
Immediate Credit for Certain New Jersey Checks
To All Banks and Trust Companies in the Second Federal Reserve District:
T h e Northern New Jersey Clearing House Association has notified us t h a t the
National Newark & Essex Banking Company, of Newark, New Jersey, has been
admitted to its membership.

Checks drawn on that company, will be received by

us on and after Thursday, February 10, 1921 for immediate credit* in the same manner
as checks drawn on certain other New Jersey banking institutions listed in our time
schedule supplement effective since May 19, 1920, to which some additional

names

have been added from time to time.
Such checks will of course be received and handled under the terms and conditions, as modified, of our general circular entitled "Collection of Checks" dated
March 1, 1920.
Very truly yours,
BENJ.

STRONG,

Governor

* If received by the Buffalo Branch credit is given one day after such receipt.




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