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FEDERAL RESERVE

BANK

OF NEW YORK
Fiscal Agent of the United States

r Circular No. 2 9 4 8 1
M a y 22. 194S

L

FOREIGN FUNDS

CONTROL

To all Banks, and Others Concerned,
in the Second Federal Reserve

District:

At the request of the Treasury Department you are advised that
arrangements were made for the resumption of telecommunications
service between the United States on one hand and Norway and
Denmark on or about May 21, 1945. Notwithstanding General Ruling
No. 11, persons in the United States may exchange business, commercial, and financial information with persons in Norway and Denmark
through this service. Transactional communications continue to be
prohibited.
Facilities are not yet available for support remittances to Norway
and Denmark.




ALLAN

SPROUL,

President.

J

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