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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal A g e n t of the U n i t e d States

£

Circular N o . 2 5 8 5 , February 9, 1943 "1
Reference to Circulars Nos. 2583 and 2584. J

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

For your information we quote below, from a telegram received from the Treasury
Department:
T h e f o l l o w i n g is the t e x t of an a m e n d m e n t t o G e n e r a l L i c e n s e N o . 74 i s s u e d
CODE OF FEDERAL REGULATIONS
Title 31—Money and Finance: Treasury
Chapter I—Monetary Offices, Department of the Treasury
Part 131—General Licenses under Executive Order
No. 8389, April 10, 1940, as amended, and
Regulations issued pursuant thereto.
Section 131.74

TREASURY

today:

DEPARTMENT

O f f i c e of t h e S e c r e t a r y
F e b r u a r y 9, 1943

GENERAL LICENSE NO. 74, A S A M E N D E D ,
U N D E R E X E C U T I V E O R D E R NO. 8389, A S A M E N D E D , E X E C U T I V E O R D E R NO. 9193,
SECTIONS 3 ( a ) A N D 5 ( b ) OF T H E T R A D I N G W I T H T H E E N E M Y ACT, A S A M E N D E D BY
T H E F I R S T W A R P O W E R S ACT, 1941, R E L A T I N G T O FOREIGN F U N D S CONTROL.*

G e n e r a l L i c e n s e N o . 74 is h e r e b y a m e n d e d b y t h e d e l e t i o n of the f o l l o w i n g l a n g u a g e
f r o m paragraph ( 3 ) of such general l i c e n s e :
"and

shall

monthly

file

promptly

with

the

r e p o r t s in t r i p l i c a t e o n F o r m

appropriate

Federal

Reserve

Bank

separate

T F R - 1 1 1 r e s p e c t i n g the transactions f o r the

a c c o u n t of each such citizen".
RANDOLPH

PAUL

Acting

* Part 131;—Sec. 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; 54
Congress, 55 Stat. 838; Ex. Order 8389, April 10, 1940, as amended by
Ex. Order 8832, July 26, 1941, Ex. Order 8963, December 9, 1941, and
1941; Ex. Order 9193, July 6, 1942; Regulations, April 10, 1940, as amended

Secretary

of the

Treasury

Stat. 179; Public No. 354, 77th
Ex. Order 8785, June 14, 1941,
Ex. Order 8998, December 26,
June 14, 1941, and July 26, 1941.

Additional copies of this circular will be furnished upon request.




A L L A N SPROUL,

President.

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