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FEDERAL RESERVE BANK
O F N E W YORK
Fiscal Agent of the United States

r Circular No. 2 5 3 8 , November 7, 1942 T
UReference to Circulars Nos. 2535 and 2537. 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:
The following is the text of an amendment to General License No. 29 issued today:
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 131.29

TREASURY DEPARTMENT
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Urtice Ot tfte S e c r e t a r y
N o v e m b e r 6, 1942

G E N E R A L L I C E N S E NO. 29, AS 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, 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,
RELATING TO FOREIGN FUNDS CONTROL*

General License No. 29 is hereby amended by adding the following proviso at the
end thereof:
"provided, however, that this general license shall not be deemed to authorize the
removal of any coupons for collection or otherwise from any General Ruling No. 6
account unless the. bonds to which such coupons relate are in such General Ruling
No. 6 account."
RANDOLPH PAUL

Acting Secretary of the Treasury
* Part 131;—Sec. 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.




ALLAN SPROUL,

President.

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