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FEDERAL RESERVE BANK
OF NEW YORK
Circular No. 2 1 9 4 , March 25, 1941
Reference to Circulars Nos. 2129, 2131, 2132, 2144,
2171, 2182, 2183, 2185, 2187 and 2188.

Executive Order and Regulations Relating to Transactions In Foreign Exchange,
Transfers of Credit, Payments, and the Export or Withdrawal of Coin, Bullion and
Currency, and Transfers, Withdrawals and Exportations of, or Dealings In,
Evidences of Indebtedness or Ownership; and to Reports of
Foreign Property Interests in the United States.
To all Banking Institutions, and Others Concerned, in the
Second Federal Reserve District:

At the request of the Treasury Department we transmit to you herewith, printed
on the following page, a copy of each of the following:
Executive Order No. 8721, dated March 24, 1941, amending Executive
Order No. 8389 of April 10, 1940, as amended, and
Amendment to Regulations of the Secretary of the Treasury dated March
24, 1941.
The new Executive Order amends Executive Order No. 8389 of April 10, 1940, as
amended, amending Executive Order No. 6560 of January 15,1934, so as to extend all
the provisions thereof to, and with respect to, property in which Yugoslavia or any
national thereof has at any time on or since March 24, 1941, had any interest of any
nature whatsoever, direct or indirect. For the text of Executive Order No. 8389, as
amended prior to March 24,1941, reference is made to United States Treasury Department publication under date of October 1, 1940, entitled ''Documents Pertaining to
Foreign Funds Control", which accompanied our Circular No. 2129, to Executive
Order No. 8565, dated October 10, 1940, which accompanied our Circular No. 2131, to
Executive Order No. 8701, dated March 4,1941, which accompanied our Circular No.
2182, and to Executive Order No. 8711, dated March 13, 1941, which accompanied our
Circular No. 2187.
Attention is invited to the fact that the amendment to the regulations dated
March 24, 1941, provides that reports on Form TFR-100 with respect to all property
situated in the United States on March 24,1941, in which Yugoslavia or any national
thereof has at any time on or since March 24, 1941, had any interest of any nature
whatsoever, direct or indirect, shall be filed by April 24, 1941.
Any person in the Second Federal Reserve District having any question as to
whether a particular transaction is permitted only under license should forward his
inquiry, with a statement of all appropriate facts and circumstances, either to the
Federal Reserve Bank of New York or to the Secretary of the Treasury, Washington, D. C.




ALLAN SPROUT,,

President.

EXECUTIVE ORDER NO. 8721
AMENDMENT OF EXECUTIVE ORDER NO. 8389
OF APRIL 10, 1940, AS AMENDED.
By virtue of the authority vested in me by section 5(b) of the Act of October 6,
1917 (40 Stat. 411), as amended, and by virtue of all other authority vested in me,
I, FRANKLIN D. ROOSEVELT, PRESIDENT of the UNITED STATES OF
AMERICA, do hereby amend Executive Order No. 8389 of April 10, 1940, as amended,
so as to extend all the provisions thereof to, and with respect to, property in which
Yugoslavia or any national thereof has at any time on or since March 24, 1941, had any
interest of any nature whatsoever, direct or indirect; except that, in defining "Yugoslavia"
and "national" of Yugoslavia the date "March 24, 1941" shall be substituted for the dates
appearing in the definitions of countries and nationals thereof.
FRANKLIN D. ROOSEVELT
March 24, 1941.

CODE OF FEDERAL REGULATIONS
Title 31—Money and Finance: Treasury
Chapter I—Monetary Offices, Department of the Treasury
Part 130

TREASURY DEPARTMENT
Office of the Secretary
,,
, ~. IQJI
Marcn z% i y u

AMENDMENT TO REGULATIONS*
The Regulations of April 10, 1940, as amended (Sections 130.1 to 130.6), are further
amended so as to extend all the provisions thereof to, and with respect to, property
in which Yugoslavia or any national thereof has at any time on or since March 24,
1941, had any interest of any nature whatsoever, direct or indirect; except that reports
on Form TFR-100 with respect to all property situated in the United States on March
24, 1941, in which Yugoslavia or any national thereof has at any time on or since March
24, 1941, had any interest of any nature whatsoever, direct or indirect, shall be filed by
April 24, 1941.
D. W. BELL,

Acting Secretary of the Treasury
March 24,1941.

* Sections 130.1 to 130.6:—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; Ex. Order 8484, July 15, 1940; Ex. Order
8493, July 25, 1940; Ex. Order 8565, October 10, 1940; Ex. Order 8701, March 4, 1941; Ex. Order
8711, March 13, 1941; Ex. Order 8721, March 24, 1941.





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