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FEDERAL RESERVE BANK
OF NEW YORK

Circular No. 2082, June 18, 1940
Reference to Circulars Nos. 2044, 2046, 2050, 2053, 2056,
2057, 2058, 2059, 2060, 2062, 2063, 2064, 2065, 2069,
2070, 2071, 2073, 2074, 2078, 2080 and 2081.

Executive Order No. 8389, April 10, 1940, as Amended, and Regulations
Issued Pursuant Thereto, Relating to Transactions
in Foreign Exchange, Etc.

To all Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:

For your information we quote below the text of a telegram received today from the
Treasury Department:
-\
The following general licenses have been issued today by the Secretary of the Treasury, pursuant
to Executive Order No. 8389 of April 10, 1940, as amended, and the Regulations issued thereunder.
Code of Federal Regulations
Title 31—Money and Finance: Treasury
Chapter I—Monetary Offices, Department of the Treasury
Part 148
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY

General License No. 18 under Executive Order No. 8389, April 10, 1940, as
amended, and Regulations issued pursuant thereto, relating to transactions in foreign exchange, etc.*
A general license is hereby granted authorizing banking institutions within the
United States to make all payments, transfers and withdrawals from accounts in the name
of the French American Banking Corporation, New York City.
Banking institutions within the United States making such payments, transfers or
withdrawals shall file promptly with the appropriate Federal Reserve bank weekly reports
showing the details of the transactions during such period.
D. W. BELL,

June 18, 1940.

Acting Secretary of the Treasury.

* Part 148:—Sec. 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; Public Resolution No. 69, 76th Congress: 12 U. S. C. 95a; Ex. Order 6560, Jan. 15, 1934; Ex. Order 8389, April 10, 1940; Ex. Order 8405,
May 10. 1940; Ex. Order 8446, June 17, 1940; Regulations, April 10, 1940, as amended May 10, 1940, and
June 17, 1940.




Code of Federal Regulations
Title 31—Money and Finance: TreasuryChapter I—Monetary Offices, Department of the Treasury
Part 149
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY

General License No. 19 under Executive Order No. 8389, April 10, 1940, as
amended, and Regulations issued pursuant thereto, relating to transactions in foreign exchange, etc.*
A general license is hereby granted authorizing banking institutions within the
United States to make all payments, transfers and withdrawals from accounts in the name
of any of the following: Banco Holandes Unido, Buenos Aires, Argentina, Caracas and
Maracaibo, Venezuela; Banco Hollandez Unido, Rio de Janeiro, Santos and Sao Paulo,
Brazil.
Banking institutions within the United States making such payments, transfers or
withdrawals shall file promptly with the appropriate Federal Reserve bank weekly reports
showing the details of the transactions during such period.
D. W. BELL,

June 18, 1940.

Acting Secretary of the Treasury.

* Part 149:—Sec. 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; Public Resolution No. 69, 76th Congress; 12 U. S. C. 95a; Ex. Order 6560, Jan. 15, 1934; Ex. Order 8389, April 10, 1940; Ex. Order 8405,
May 10, 1940; Ex. Order 8446, June 17, 1940; Regulations, April 10, 1940, as amended May 10, 1940, and
June 17, 1940.

Additional copies of this circular will be furnished upon request.




GEORGE L. HARRISON,

President.

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