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FEDERAL

\

OF

RESERVE
NEW

BANK

YORK

Fiscal Agent of t h e U n i t e d States

f Circular No. 2 5 4 7 1
I November 19, 1942 J

UNITED STATES CURRENCY, HAWAIIAN

SERIES

To all Domestic Banks in the
Second Federal Reserve District:

The text of Regulations Relating to Currency issued June 25, 1942, by the Governor
of the Territory of Hawaii, as amended by Amendment No. 2, dated July 29, 1942, is set
forth in full in our Circular No. 2481, dated August 13, 1942.
For your information, we are advised by the Treasury Department that on November
14, 1942, the Acting Secretary of the Treasury instructed all collectors of customs to
require any person bringing United States currency, Hawaiian Series, into the United
States from any place outside the continental United States, including any person bringing such currency from Hawaii, to execute a certification in duplicate on Form T F R HC1. Thereafter, such person shall be permitted to bring such currency into the United
States. The duplicate shall be given to the person executing the certificate with instructions to present it to the bank at which he will exchange the currency for regular
United States currency.
The Treasury Department has authorized us to advise you that you are authorized
to effect exchanges of United States currency, Hawaiian Series, for any other United
States currency, provided that a copy of the certification on Form T F R - H C 1 is presented
to you upon effecting such exchange; and that United States currency, Hawaiian Series,
which is received by you pursuant to the terms of such authorization, will be exchanged
by any Federal Reserve Bank, but that such United States currency, Hawaiian Series,
may not be otherwise held or dealt in by you.
You are further advised that, in effecting exchanges pursuant to the terms of the
foregoing authorization, all copies of Form T F R - H C 1 received by you should be presented to the appropriate Federal Reserve Bank at the time the United States currency,
Hawaiian Series, is exchanged for regular series of United States currency.
Communications sent to this bank regarding the subject matter of this circular
should be addressed to the Cash Department.




ALLAN

SPROUL,

President.

FEDERAL RESERVE
OF NEW

BANK

YORK

November 19, 1942.

To all Member Banks in the
Second Federal Reserve

District:

It is announced with deep regret that

GEORGE F . R A N D

of

Buffalo, New York, a director of the Buffalo Branch of the
Federal Reserve Bank of New York since January 1940, and
also from 1929 to 1936, died today.




Respectfully,

AIJLAN SPROUL,

President.

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