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FEDERAL R E S E R V E BANK
OF NEW YORK
Fiscal A g e n t of the U n i t e d States

rCircular No. 2 7 1 I T
L October 18, 1943 J

CALLS

UPON

WAR

LOAN

DEPOSITARIES

To all Incorporated Banks and Trust Companies
in the Second Federal Reserve District:

The Treasury Department has decided to continue the method of making calls upon War
Loan Depositaries as outlined in our Circular No. 2623, dated May 10,1943.
All depositaries in this District will be classified into two groups, as follows:
GROUP A—All depositaries having war loan balances of $300,000 or less at the close of
business October 15, 1943.
GROUP B—All depositaries having war loan balances of more than $300,000 at the close
of business October 15, 1943.
Until further notice the classification of a particular bank in Group A or in Group B will remain
unchanged, notwithstanding any subsequent increases or decreases in the war loan balance of
such bank.
There will be no change in the manner of making calls upon banks in Group B.
Tentative plans provide for the issuance on Wednesday, October 20, 1943, of a special call
for withdrawals from banks in Group A, based upon balances as of the close of business
October 15, 1943, for payment in approximately six equal instalments on the following dates:
October 27, 1943
November 10,1943

November 24, 1943
December 8, 1943

December 22, 1943
January 5, 1944

Member banks from whom we have standing instructions to charge their reserve accounts
will continue to receive advices of charge on the dates payments from them are due. Nonmember banks will be expected to remit to us in funds available on the dates the payments
become due.




ALLAN SPROUL,

President.

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