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FEDERAL RESERVE BANK
OF NEW YORK
" Circular No. 450. April 1,1922
Check Department
|_Superaeding Circular No. 258 as supplemented. _ |
Collection of Checks
To all Member Banks in the Second Federal Reserve District:
You will find in the following pages the current rules and regulations covering the
collection of checks by this bank. This circular is intended primarily to codify and clarify
all previous circulars issued by us on this subject, and, while not making any substantial
changes in the procedure heretofore established, it supersedes the provisions of all such
previous circulars.
The circular covers the mutual rights and duties of this bank and all banks which
send checks to us for collection and also the conditions to be observed by banks to which
we send checks for collection or remittance.
No member bank is required to use the check collection system, but may, without
charge and subject to the terms of this circular, send checks for collection through the
Federal Reserve Bank regularly, occasionally, or not at all; or may collect them through
present correspondents or in any other manner considered advantageous.
I. GENERAL CONDITIONS UNDER WHICH ITEMS ARE ACCEPTED
Every bank sending checks to us, or to another Federal Reserve Bank direct, for
our account, will be understood to have agreed to the terms and conditions of this circular
aud to have agreed that in receiving such items we will act only as the collecting agent
of the sending bank; that we will be responsible only for due diligence and care in forwarding or presenting such items promptly; that we are authorized to present or send
such items, for payment in cash or bank draft, direct to the bank on which they are drawn,
or, in our discretion, to forward them to another agent with authority to present or send
them, for payment in cash or bank draft, direct to the bank on which they are drawn;
and that we are authorized to charge back the amount of any items (whether or not the
items themselves can be returned) for which we have not actually received paycaeait
either in cash or in the proceeds of the bank draft.
COLLECTION OP CHECKS
II. ITEMS RECEIVED UNDER THIS CIRCULAR
The Federal Reserve Bank of New York receives at par from its member banks:
(a) Checks drawn on banking institutions (including private bankers) in the United
States which can be handled at par.
(b) Government warrants and checks. Member banks of this district, other than
members of the New York Clearing House Association, may include in their remittances
to the Federal Reserve Bank of New York for immediate credit at par, but subject to
payment by the Treasurer of the United States, Government warrants and checks drawn
on the Treasurer of the United States. Members of the New York Clearing House
Association may send Government warrants and checks to the Federal Reserve Bank
through the Clearing House, subject to payment by the Treasurer of the United
States.
The Federal Reserve Bank will not receive under the terms of this circular the
following classes of items:
(a) Collection items as defined by our Circular No. 298, "Collection of Maturing
Notes, Bills and Other Collection Items." This includes any check or draft with pass
book, certificate or other similar form of receipt attached. Such items will be handled
as collection and not as cash items.
(b) Any check drawn on a bank located outside of this district which bears the
indorsement of a bank located outside of this district. (Checks and drafts which
fall within this class cannot be sent either to us or direct to other Federal Reserve Banks
for collection by member banks in this district.)
< .- (c) Checks or drafts on banking institutions which cannot be handled at par. Such items
will not be received, either as cash items under this circular or as collection items under
our Circular No. 298, "Collection of Maturing Notes, Bills and Other Collection Items."
(d) Protested checks or drafts when forwarded for collection for the second time.
Such protested checks or drafts will be handled only as collection items.
Direct Sending to Other Federal Reserve Banks of Items Drawn on Banking Institutions in Other Districts
If it is so desired any member bank in this district may, with the express approval of
the Federal Reserve Bank of New York, send direct to another Federal Reserve Bank or
Branch for collection any check payable at par and drawn upon a banking institution or
private banker located in the district of such other reserve bank or branch.
I t will be understood that items so sent are sent for our account and are subject to
the terms and conditions of this circular.
The sending bank must advise us of the total of items so sent direct to other reserve
banks or branches on the forms which we furnish.
Credit for such items will be given on our books as described below.
ffl.
CREDIT AND HANDLING OF CASH ITEMS BY FEDERAL RESERVE
BANK OF NEW YORK
Credit for Items Sent to Us
For all checks received by us under this circular credit at par upon receipt will be
given in the member bank's deferred account. Credit will be given in the member's
reserve account, and the proceeds of the items will become available when the ap
COLLECTION OF CHECKS
propriate time indicated on the current time schedule has elapsed. Our acknowledgment
of member bank's cash letters shows the date of receipt and the date upon which the
amounts will be transferred frcm the deferred to the reserve account.
Credit and availability are in all instances subject to our actual receipt of payment
as specified above in the general conditions under which items are received. In this
connection attention is invited to the fact that the periods of the time schedule are based
upon the average mail time required for items to reach the paying bank, plus the time
required for the paying bank to remit to the Federal Reserve Bank, and they do not
necessarily indicate the actual time required for collection. It must be borne in mind,
therefore, that advice of availability cannot and must not be considered advice of actual
payment.
For Government checks and warrants immediate credit at par will be given, but
such credit will be subject to payment by the Treasurer of the United States and to the
general conditions of this circular applicable to all items.
Credit for Items Sent by Member Banks Direct to Other Federal Reserve Banks
For items drawn on banking institutions in other districts, sent by our member banks
direct to other Federal Reserve Banks or their branches for collection under the terms of
this circular, credit at par will be given in the member bank's deferred account upon our
receipt of advice as to the total so sent to the other Federal Reserve Bank or branch. Credit
will be given in the member's reserve account, and the proceeds of the items will become
available when the appropriate time indicated on the current time schedule has elapsed,
but the periods of the time schedule shall apply from the date of the sending of such items
by the member bank rather than the date of the receipt of its advice to us.
Credit and availability are in all instances subject to our actual receipt of payment
as stated above in the case of items sent to us.
Unpaid Checks and Protest Instructions
The Federal Reserve Bank of New York receives and forwards checks only under
the following instructions:
Wire direct to this bank non-payment of items of $500 or over, naming indorsement
immediately preceding that of this bank, and giving reason for non-payment.
Items of $10 or under do not protest.
Items of $10.01 and over protest, if items do not bear on the face this stamp
[ N. p. i-i2o~[ or similar stamp containing the transit number of a preceding bank indorser.
IV. PRACTICE FOR SENDING BANKS
Unpaid Checks and Protest Instructions
If it is desired that checks be handled, as to protest and notice of dishonor, other
than in accordance with the above instructions, they must be sent us as collection items
with special instructions and we will forward them accordingly.
Protested checks forwarded for collection for the second time must be included in
the member bank's collection letter and not in its cash letter.
COLLECTION OP CHECKS
Sorting Checks
In order to expedite the forwarding of checks and the obtaining of prompt credit,
member banks are requested to sort and list checks in accordance with the divisions of
our time schedule, with a separate letter or total for each separate time group. All letters
received, separated in accordance with the time schedule, will be credited in full for the
total shown and errors in listing or footing will be adjusted by a separate debit or credit.
Checks received unsorted will not be made available until the lapse of the longest period
applicable to any of the items enclosed.
Federal Reserve District Number on Checks
In order to expedite the sorting and routing of checks, all banking institutions in
this district are requested to print on their own checks and the checks used by their
depositors the figure " 2 " (signifying Federal Reserve District, No. 2), preferably in a
large skeleton figure in the center of the check.
V. PRACTICE FOR PAYING AND COLLECTING BANKS
A return remittance form of letter for the use of the remitting bank will be enclosed with,
every outgoing transit letter. This form should be returned with the remittance draft.
Any unpaid items received in any letters from the Federal Reserve Bank, unless
held for protest, should be returned with the remittance for such letter, the total unpaid
items to be deducted from the footing of such letter, and the net amount remitted, so
that in each instance the remittance plus unpaid items returned therewith, plus itemss
if any, held for protest, will equal the amount of the letter. Items held for protest should
be returned with draft in payment of the next succeeding letter, the amount of the protest
fees being deducted from such letter.
Notice of non-payment shall be given and protest made in accordance with the
instructions indicated above.
All checks returned to us for indorsement should be certified.
Collectible at Par through the Federal Reserve Bank of New York
Member banks and banking institutions remitting at par are entitled to place the
words, "Collectible at Par through the Federal Reserve Bank of New York," on their
own checks and the checks used by their depositors. Attention is called to the desirability of^availing of this privilege.
The right is reserved to withdraw, add to, or amend at any time or from time to time,
any or all of the foregoing rules and regulations with or without previous notice.
Very truly yours,
BENJ. STRONG,
Governor.
Federal Reserve Bank of New York
S E C O N D
F E D E R A L
R E S E R V E
TIME SCHEDULE
Showing When the Proceeds of
Items Will Become Available
Effective August 1, 1922
D I S T R I C T
FEDERAL RESERVE BANK OF NEW YORK
Schedule Showing When the Proceeds of Items Will Become Available
(Superseding Schedule Issued March 1, 1921, as Supplemented)
IMMEDIATE CREDIT
When received by 9 a. m.
New York Clearing House banks (Reference to List A, page 4)
Other New York City banks (Reference to List B, page 6)
Northern New Jersey Clearing House banks (Reference to List C, page 7)
Checks and warrants on Treasurer of the United States, Washington, D. C.
Brooklyn banks and bankers—Also Bank of Coney Island and Branch
When received by 3 p. m.
Checks on Federal Reserve Bank of New York and Buffalo Branch
Officers' checks of other Federal Reserve Banks
Federal Reserve Exchange Drafts
Federal Reserve Transfer Drafts
ONE DAY AFTER RECEIPT
New York City—Balance of Manhattan, when received by 9 a. m.
XT-.
Boston
Philadelphia
Richmond
Baltimore
Pittsburgh
Buffalo
TWO DAYS AFTER RECEIPT
District
District
District
Branch of
Branch of
Branch of
1
3
5
5
4
2
No.
Cleveland
Cincinnati
Chicago
Detroit
Atlanta
Birmingham
Jacksonville
Nashville
Minneapolis
St. Paul
St. Louis
Louisville
District
Branch of
District
Branch of
District
Branch of
Branch of
Branch of
District
In District
District
Branch of
4
4
7
7
6
6
6
6
9
9
8
8
Banks in
Connecticut
Delaware
District of Columbia
Maine
•Maryland
•Massachusetts
New Hampshire
•*New Jersey
*New York
•Pennsylvania
Rhode Island
Vermont
•Virginia
^
THREE DAYS AFTER RECEIPT
No.
New Orleans
Memphis
Little Rock
Kansas City, Mo.
Kansas City, Kans.
Omaha
Oklahoma City
Dallas
Branch of
Branch of
Branch of
District
In District
Branch of
Branch of
District
10
10
10
10
11
Branch of
Branch of
Branch of
Branch of
Branch of
Branch of
Branch of
Branch of
No.
9
11
11
10
12
12
12
12
District
Branch of
No.
12
12
6
8
8
FOUR DAYS AFTER RECEIPT
Helena
El Paso
Houston
Denver
Spokane
Salt Lake City
Portland, Ore.
Seattle
•Alabama
•Arkansas
•Florida
•Georgia
•Illinois
Indiana
Iowa
•Kansas
•Kentucky
•Michigan
Banks in
•Minnesota
Mississippi
•Missouri
North Carolina
•Ohio
South Carolina
•Tennessee
West Virginia
Wisconsin
FIVE DAYS AFTER RECEIPT
San Francisco
Los Angeles
EIGHT DAYS AFTER RECEIPT
Banks in
Arizona
•California
•Colorado
Idaho
•Louisiana
•Montana
•Nebraska
Nevada
New Mexico
•Except banks in cities referred to in the first column.
••Except banks in Northern New Jersey Clearing House Association referred to on page 7.
North Dakota
•Oklahoma
•Oregon
South Dakota
•Texas
•Utah
•Washington
Wyoming
TIME SCHEDULE INFORMATION AND INSTRUCTIONS
In order to expedite the forwarding of checks and the obtaining of prompt credit
therefor, member banks are requested in the preparation of their letters to sort their
checks into the following classes and list each class on a separate sheet or total.
(a) Items drawn on members of the New York Clearing House (List A, page 4).
(b) Items drawn on other New York City banks (List B, page 6) and on Brooklyn
banks and bankers.
(c) Items drawn on members of the Northern New Jersey Clearing House Association
(List C, page 7).
(d) Checks and warrants on Treasurer of the United States, Washington, D. C.
(e) Items drawn on one-day points.
(f) Items drawn on two-day points, subdivided into
1. A letter containing items drawn upon banks situated in the State of New
York.
2. A letter containing items drawn upon banks situated in the portion of
New Jersey that is in this district, and Fairfield County, Conn., and
S. A letter covering all other items on the two-day points outside of this district.
(g) Items drawn on three-day points,
(h) Items drawn on four-day points,
(i) Items drawn on five-day points,
(j) Items drawn on eight-day points.
All letters received, classified as above, will be credited in full for the total shown,
and errors in listing or footing will be adjusted by a separate debit or credit. Checks
received unsorted will be made available for the longest period required to collect any
item inclosed.
Two-day items received by us in time to be forwarded Saturday will be available
Tuesday.
Four-day items received by us in time to be forwarded Thursday will be available
Tuesday, and those received by us in time to be forwarded Friday and Saturday will be
available Wednesday.
General Conditions Under Which Items Are Accepted
Every bank sending checks to us, or to another Federal Reserve Bank direct, for our account, will be understood to have agreed to the terms and conditions of our Check Collection Circular No. 1*50 and to have agreed that
in receiving such items we will act only as the collecting agent of the sending bank; that we will be responsible only
for due diligence and care in forwarding or presenting such items promptly; that we are authorized to present or send
such items, for payment in cash or bank draft, direct to the bank on which they are drawn, or, in our discretion,
to forward them to another agent with authority to present or send them, for payment in cash or bank draft, direct
to the bank on which they are drawn; and that we are authorized to charge back the amount of any items {whether or
not the items themselves can be returned) for which we have not actually received payment either in cash or in the
proceeds of the bank draft.
3
LIST A
MEMBERS OF NEW YORK CLEARING HOUSE ASSOCIATION AND
NON-MEMBERS CLEARING THROUGH THEM
No.
21
G
2
1
103
70
•
.
•
.
.
.
30
74
12
99
111
122
. ..
78
72
45
Name
Adams-Southern Express Co. Money orders (clear through 21)
Adams Express Company, Money orders (clear through 21)
The American Exchange National Bank
American Express Company, Money orders (clear through 23)
The Bank of America
Bank of the Manhattan Company
Bank of Montreal, New York Agents (clear through 8)
Bank of New York, National Banking Association
Bank of Washington Heights (clear through 4)
Bankers Trust Company
The Battery Park National Bank of New York (clear through 54)
Bowery Bank
Canadian Bank of Commerce, New York (clear through 21)
Canadian Northern Express Company Money orders (clear through 21)
Canadian Express Company, Money orders (N. Y.) (clear through 23)
The Chatham & Phenix National Bank of the City of New York
Chase National Bank
The Chemical National Bank of New York
The Coal & Iron National Bank of the City of New York
Columbia Trust Company
Columbia Bank
Colonial Bank (clear through 17)
Commonwealth Bank
The Continental Bank of New York
The Corn Exchange Bank
Dominion Express, Money orders (clear through 8)
59
123
East River National Bank, New York
The Equitable Trust Company
121
120
108
76
82
65
The Farmers' Loan and Trust Company
Federal Reserve Bank of New York
Fidelity-International Trust Company
The Fifth Avenue Bank of New York
The Fifth National Bank of the City of New York
The First National Bank of the City of New York
81
. ..
. ..
17
107
The Garfield National Bank of the City of New York
Grace & Co.'s Bank, W. R. (clear through 45)
Great Northern Express Company, Money orders (clear through 74)
Greenwich Bank
Guaranty Trust Company of New York
LIST A—Continued
No.
Name
33
The Hanover National Bank of the City of New York
53
67
Importers and Traders National Bank of New York
Irving National Bank
110
4
117
23
15
8
54
114
Lawyers Title & Trust Company
The Mechanics and Metals National Bank of the City of New York
Mechanics Trust Company, Bayonne, N. J. (clear through 33)
Metropolitan Trust Company of the City of New York
National Bank of Commerce in New York
The National Butchers and Drovers National Bank of the City of New York
The National City Bank of New York
The National Park Bank of New York
Newfoundland Express Money orders (clear through 8)
The New York Trust Company
Northern Pacific Express Money orders (clear through 74)
28
Pacific Bank
Pacific Express Company, Money orders (clear through 74)
Post Office Money orders
85
The Seaboard National Bank of the City of New York
Southern Express Company Money orders (clear through 4)
State Bank
96
106
Title Guarantee & Trust Company
104
United States Mortgage and Trust Company
Wells Fargo & Company, Express Money orders (clear through 23)
Western Express Company, Money orders (clear through 65)
LIST B
OTHER NEW YORK CITY BANKS
Name
American Union Bank
Baltic States Bank
Bank of Europe
The Bank of United States, New York, and branches
Broadway Central Bank
Bronx Borough Bank and branch
The Bronx National Bank
Brooklyn Trust Co., Wall Street Branch
The Capitol National Bank
Chelsea Exchange Bank
Clarke Bros.
Cosmopolitan Bank
The Gotham National Bank of New York
The Harriman National Bank of the City of New York
Industrial Bank of New York
Italian Discount & Trust Co. (Harlem branch only)
Josephson, M.
Lebanon National Bank
Manufacturers Trust Company (West Side and 139 Broadway branches)
Markel Bros.
Municipal Bank
The Mutual Bank
National American Bank of New York
New Netherland Bank of New York
Perrera & Company
The Progress National Bank of New York
The Public National Bank of New York and branches
Salvatore de Vita
Terminal Exchange Bank
Twenty-third Ward Bank and branches
Yorkville Bank of New York
LIST C
MEMBERS OF NORTHERN NEW JERSEY CLEARING HOUSE ASSOCIATION AND
NON-MEMBERS CLEARING THROUGH THEM
Name
No.
11
Bayonne Trust Company, Bayonne
14
0
The Claremont Bank of Jersey City
Commercial Trust Company of New Jersey, Jersey City
6A Grove Street Branch
6B Five Corners Branch
1
5
2
Federal Reserve Bank of New York
The First National Bank of Hoboken
5B Hoboken Trust Company*
5C The First National Bank of Secaucus*
The First National Bank of Jersey City
2A Hudson City Savings Bank*
12
Greenville Banking & Trust Company, Jersey City
4
16
Hudson County National Bank of Jersey City
Hudson Trust Company, Hoboken
16A Hudson Trust Company, West Hoboken
22
Jefferson Trust Company, Hoboken
7
Lincoln Trust Company, Jersey City
3
13
Mercantile Trust Company, Jersey City
The Merchants National Bank of Jersey City
21
19
9
The National Newark and Essex Banking Company of Newark
The National State Bank of Newark
The New Jersey Title Guarantee and Trust Company, Jersey City
9A Bergen Branch
9B West New York Branch
20
Savings Investment & Trust Company of East Orange
20A South Orange Branch
The Second National Bank of Hoboken
8A Columbia Trust Company*
Steneck Trust Company, Hoboken
8
18
15
Trust Co. of New Jersey, Hoboken
15A Bergen & Lafayette Branch, Jersey City
15B Carteret Branch, Jersey City
15C Peoples Safe Deposit Branch, Jersey City
15D Town of Union Branch, Town of Union
17
Union Trust Company, Jersey City
17A First Branch, Bayonne
17B City Branch, Bayonne
10
Weehawken Trust Company, Town of Union
•Non-member Clearing Banks.
Federal Reserve Bank of New York
S E C O N D
F E D E R A L
R E S E R V E
BUFFALO BRANCH
TIME SCHEDULE
Showing When the Proceeds of
Items Will Become Available
Effective August 1, 1922
D I S T R I C T
DISTRICTS
FEDERAL RESERVE BANK OF NEW YORK
Buffalo Branch
Schedule Showing When the Proceeds of Items
Will Become Available
(Superseding Schedule Issued March 1,1921 «s Supplemented)
NO.
NO.
7
2
CHICAGO
ST. LOUIS
3
MINNEAPOLIS
9
CLEVELAND
4
RICHMOND
5
6
KANSASCITY. MO. 10
11
DALLAS
BOSTON
1
NEW YORK
PHILADELPHIA
ATLANTA
SAN FRANCISCO
8
12
IMMEDIATE CREDIT
Buffalo banks—When received by 10 a. m. (9 a. m. Saturdays)
Checks and warrants on Treasurer of the United States, Washington, D. C.
Federal Reserve Transfer Drafts
Federal Reserve Exchange Drafts
Checks on Federal Reserve Bank of New York, and Buffalo Branch
Officers' checks of other Federal Reserve Banks
ONE DAY AFTER RECEIPT
New York Clearing House banks (Reference to List A, page 4)
Other New York City banks (Reference to List B, page 6)
Northern New Jersey Clearing House banks (Reference to List C, page 7)
Brooklyn banks and bankers—Also Bank of Coney Island and Branch
Banks in
No.
Cleveland
District
4
Pittsburgh
Branch of
4
Chicago
District
7
Detroit
Branch of
7
TWO DAYS AFTER RECEIPT
Balance of Manhattan, New York City
District
Boston
District
Philadelphia
Branch of
Cincinnati
District
Richmond
Branch of
Baltimore
Branch of
Birmingham
Branch of
Nashville
District
St. Louis
Branch of
Memphis
Branch of
Louisville
Branch of
Little Rock
District
Minneapolis
In District
St. Paul
District
Kansas City, Mo.
In District
Kansas City, Kans
Branch of
Omaha
Banks in
1
3
4
5
5
• •New Jersey
•New York
6
6
^
8
8
8
8
9
9
10
10
10
l
THREE DAYS AFTER RECEIPI
Atlanta
District
Branch of
New Orleans
Branch of
Jacksonville
Branch of
Denver
Branch of
Oklahoma City
District
Dallas
Houston
Branch of
6
6
6
10
10
11
11
Connecticut
Delaware
District of Columbia
•Illinois
Indiana
Iowa
Maine
•Maryland
FOUR DAYS AFTER RECEIPT
Helena
El Paso
Seattle
Salt Lake City
Spokane
Portland. Ore.
San Francisco
Los Angeles
9
11
12
12
12
12
12
12
•Alabama
•Arkansas
•Florida
•Georgia
•Kansas
•Kentucky
•Minnesota
Banks in
Banks in
Branch of
Branch of
Branch of
Branch of
Branch of
Branch of
District
Branch of
EIGHT DAYS AFTER RECEIPT
Mississippi
•Missouri
North Carolina
South Carolina
•Tennessee
West Virginia
Wisconsin
Banks in
Arizona
•California
•Colorado
Idaho
•Louisiana
•Montana
•Nebraska
Nevada
New Mexico
•Except banks in cities referred to in the first column.
••Except banks in Northern New Jersey Clearing House Association referred to on page 7.
•Massachusetts
•Michigan
New Hampshire
•Ohio
•Pennsylvania
Rhode Island
Vermont
•Virginia
North Dakota
•Oklahoma
•Oregon
South Dakota
•Texas
•Utah
•Washington
Wyoming
TIME SCHEDULE INFORMATION AND INSTRUCTIONS
In order to expedite the forwarding of checks and the obtaining of prompt credit
therefor, member banks are requested in the preparation of their letters to sort their
checks in accordance with the foregoing time schedule, with a separate letter and total
for each separate time group.
All letters received, so classified, will be credited in full for the total shown, and
errors in listing or footing will be adjusted by a separate debit or credit. Checks
received unsorted will be made available for the longest period required to collect any
item inclosed.
Two-day items received by us in time to be forwarded Saturday will be available
Tuesday.
^—v
F o u r - d a y items received b y us in time t o b e forwarded T h u r s d a y will b e available
T u e s d a y , a n d those received b y us in time t o b e forwarded F r i d a y a n d S a t u r d a y will b e
available W e d n e s d a y .
General Conditions Under Which Items Are Accepted
Every bank sending checks to us, or to another Federal Reserve Bank direct, for our account, will be understood to have agreed to the terms and conditions of our Check Collection Circular No. £50 and to have agreed that
in receiving such items we will act only as the collecting agent of the sending bank; that we will be responsible only
for due diligence and care in forwarding or presenting such items promptly; that we are authorized to present or send
such items, for payment in cash or bank draft, direct to the bank on which they are drawn, or, in our discretion,
to forward them to another agent with authority to present or send them, for payment in cash or bank draft, direct
to the bank on which they are drawn; and that we are authorized to charge back the amount of any items {whether or
not the items themselves can be returned) for which we have not actually received payment either in cash or in the
proceeds of the bank draft.
LIST A
MEMBERS OF NEW YORK CLEARING HOUSE ASSOCIATION AND
NON-MEMBERS CLEARING THROUGH THEM
No.
21
6
2
1
103
70
. ..
...
30
74
12
99
111
122
78
72
45
Name
Adams-Southern Express Co. Money orders (clear through 21)
Adams Express Company, Money orders (clear through 21)
The American Exchange National Bank
American Express Company, Money orders (clear through 23)
The Bank of America
Bank of the Manhattan Company
Bank of Montreal, New York Agents (clear through 8)
Bank of New York, National Banking Association
Bank of Washington Heights (clear through 4)
Bankers Trust Company
The Battery Park National Bank of New York (clear through 54)
Bowery Bank
Canadian Bank of Commerce, New York (clear through 21)
Canadian Northern Express Company Money orders (clear through 21)
Canadian Express Company, Money orders (N. Y.) (clear through 23)
The Chatham & Phenix National Bank of the City of New York
Chase National Bank
The Chemical National Bank of New York
The Coal & Iron National Bank of the City of New York
Columbia Trust Company
Columbia Bank
Colonial Bank (clear through 17)
Commonwealth Bank
The Continental Bank of New York
The Corn Exchange Bank
Dominion Express, Money orders (clear through 8)
59
123
East River National Bank, New York
The Equitable Trust Company
121
120
108
76
82
65
The Farmers' Loan and Trust Company
Federal Reserve Bank of New York
Fidelity-International Trust Company
The Fifth Avenue Bank of New York
The Fifth National Bank of the City of New York
The First National Bank of the City of New York
•
81
17
107
The Garfield National Bank of the City of New York
Grace & Co.'s Bank, W. R. (clear through 45)
Great Northern Express Company, Money orders (clear through 74)
Greenwich Bank
Guaranty Trust Company of New York
LIST A—Continued
Name
No.
33
The Hanover National Bank of the City of New York
53
67
Importers and Traders National Bank of New York
Irving National Bank
110
4
117
23
15
8
54
114
28
...
Lawyers Title & Trust Company
The Mechanics and Metals National Bank of the City of New York
Mechanics Trust Company, Bayonne, N. J. (clear through 33)
Metropolitan Trust Company of the City of New York
National Bank of Commerce in New York
The National Butchers and Drovers National Bank of the City of New York
The National City Bank of New York
The National Park Bank of New York
Newfoundland Express Money orders (clear through 8)
The New York Trust Company
Northern Pacific Express Money orders (clear through 74)
Pacific Bank
Pacific Express Company, Money orders (clear through 74)
Post Office Money orders
85
The Seaboard National Bank of the City of New York
Southern Express Company Money orders (clear through 4)
90
State Bank
106
Title Guarantee & Trust Company
104
United States Mortgage and Trust Company
...
Wells Fargo & Company, Express Money orders (clear through 23)
Western Express Company, Money orders (clear through 65)
LIST B
OTHER NEW YORK CITY BANKS
Name
American Union Bank
Baltic States Bank
Bank of Europe
The Bank of United States, New York, and branches
Broadway Central Bank
Bronx Borough Bank and branch
The Bronx National Bank
Brooklyn Trust Co., Wall Street Branch
The Capitol National Bank
Chelsea Exchange Bank
Clarke Bros.
Cosmopolitan Bank
The Gotham National Bank of New York
The Harriman National Bank of the City of New York
Industrial Bank of New York
Italian Discount & Trust Co. (Harlem branch only)
Josephson, M.
Lebanon National Bank
Manufacturers Trust Company (West Side and 139 Broadway branches)
Markel Bros.
Municipal Bank
The Mutual Bank
•
National American Bank of New York
New Netherland Bank of New York
Perrera & Company
The Progress National Bank of New York
The Public National Bank of New York and branches
Salvatore de Vita
Terminal Exchange Bank
Twenty-third Ward Bank and branches
Yorkville Bank of New York
f
LIST C
MEMBERS OF NORTHERN NEW JERSEY CLEARING HOUSE ASSOCIATION AND
NON-MEMBERS CLEARING THROUGH THEM
No.
Name
11
Bayonne Trust Company, Bayonne
14
6
The Claremont Bank of Jersey City
Commercial Trust Company of New Jersey, Jersey City
6A Grove Street Branch
6B Five Corners Branch
1
5
2
Federal Reserve Bank of New York
The First National Bank of Hoboken
5B Hoboken Trust Company*
5C The First National Bank of Secaucus*
The First National Bank of Jersey City
2A Hudson City Savings Bank*
12
Greenville Banking & Trust Company, Jersey City
4
16
Hudson County National Bank of Jersey City
Hudson Trust Company, Hoboken
16A Hudson Trust Company, West Hoboken
22
Jefferson Trust Company, Hoboken
7
Lincoln Trust Company, Jersey City
3
13
Mercantile Trust Company, Jersey City
The Merchants National Bank of Jersey City
21
19
9
The National Newark and Essex Banking Company of Newark
The National State Bank of Newark
The New Jersey Title Guarantee and Trust Company, Jersey City
9A Bergen Branch
9B West New York Branch
20
Savings Investment & Trust Company of East Orange
20A South Orange Branch
The Second National Bank of Hoboken
8A Columbia Trust Company*
Steneck Trust Company, Hoboken
8
18
15
Trust Co. of New Jersey, Hoboken
15A Bergen & Lafayette Branch, Jersey City
15B Carteret Branch, Jersey City
15C Peoples Safe Deposit Branch, Jersey City
15D Town of Union Branch, Town of Union
17
Union Trust Company, Jersey City
17A First Branch, Bayonne
17B City Branch, Bayonne
10
Weehawken Trust Company, Town of Union
•Non-member Clearing Banks.
@FedFRASER