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FEDERAL
OF

RESERVE
NEW

BANK

YORK

F i s c a l A g e n t of t h e U n i t e d S t a t e s

r Circular No. 2 5 3 9 , November 7, 1942 "1
LReference to Circulars Nos. 2537 and 2538. 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 t h e t e x t of P u b l i c C i r c u l a r N o . 7 A i s s u e d t o d a y :
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, and Regulations issued pursuant thereto.
Appendix

TREASURY DEPARTMENT
^.rc
c
r
UHice Ot t h e s e c r e t a r y
N o v e m b e r 6, 1942

P U B L I C C I R C U L A R NO. 7A
U N D E R E X E C U T I V E O R D E R NO. 8389, AS A M E N D E D , E X E C U T I V E O R D E R NO. 9193,
S E C T I O N S 3(a) A N D 5(b) O F T H E T R A D I N G W I T H T H E E N E M Y ACT, AS 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 F O R E I G N F U N D S C O N T R O L . *

G e n e r a l L i c e n s e s N o s . 32 a n d 33 s h a l l n o t b e d e e m e d t o a u t h o r i z e r e m i t t a n c e s t o a n y
i n d i v i d u a l in M a c a o .
N o r e m i t t a n c e s h a l l b e m a d e u n d e r G e n e r a l L i c e n s e N o . 70 t o a n y p e r s o n in M a c a o
u n l e s s t h e d o m e s t i c b a n k e f f e c t i n g s u c h r e m i t t a n c e is f u l l y s a t i s f i e d t h a t t h e u l t i m a t e
b e n e f i c i a r y is n o t a n a t i o n a l of a n y b l o c k e d c o u n t r y o t h e r t h a n P o r t u g a l .
RANDOLPH

Acting

PAUL

Secretary

of the

Treasury

* This public circular affects Part 131 and will be included in the appendix to that part.
Section 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; 54 Stat. 179; Public No. 354, 77th Congress,
55 Stat. 838; Ex. Order 8389, April 10, 1940, as amended by Ex. Order 8785, June 14, 1941; Ex. Order
8832, July 26, 1941; Ex. Order 8963, December 9. 1941, and Ex. Order 8998, December 26, 1941; Ex.
Order 9193, July 6, 1942; Regulations, April 10, 1940, as amended June 14, 1941, and July 26, 1941.

Additional copies of this circular will be furnished upon request.




AT.T.A-NT S P R O U T , ,

President.

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