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FEDERAL RESERVE BANK
OF NEW 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 6 2 6 , M a y 18, 1943
L Reference to Circulars Nos. 2618 and 2625. 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 o f 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 . 53 i s s u e d t o d a y :
CODE OF FEDERAL REGULATIONS
Title 31—Money and Finance: TreasuryChapter 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.
Sec. 131.53

TREASURY

DEPARTMENT

O f f i c e of the Secretary
M a y 18, 1943

G E N E R A L L I C E N S E N O . 53, 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 N O . 8389, A S A M E N D E D , E X E C U T I V E O R D E R N O . 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 A C T , A S A M E N D E D
B Y T H E F I R S T W A R P O W E R S A C T , 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 N o . 53, as a m e n d e d , is h e r e b y a m e n d e d b y s u b s t i t u t i n g a c o m m a f o r
t h e p e r i o d at t h e e n d o f p a r a g r a p h

(4)

(c)

thereof, and adding the f o l l o w i n g :

"except

t h a t w i t h r e s p e c t t o t r a n s a c t i o n s a u t h o r i z e d b y p a r a g r a p h ( 3 ) h e r e o f , s u c h t e r m shall m e a n
a n y n a t i o n a l of a b l o c k e d c o u n t r y w h o is s i t u a t e d w i t h i n s u c h a r e a . "
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.




ALLAN

SPROUL,

President.