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FEDERAL RESERVE BANK
OF DALLAS

Dallas, Texas, June 1, 1940

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:

The Secretary o f the Treasury has issued the following general license
(Code of Federal Regulations, Title 31, Money and Finance, Treasury
Chapter 1, Monetary Offices, Part 143):
GENERAL LICENSE NO. 13 UNDER EXECUTIVE ORDER NO. 8389 of
April 10, 1940, as amended, and Regulations issued pursuant thereto, relat­
ing to transactions in foreign exchange, etc.*
“ A general license is hereby granted authorizing banking institu­
tions within the United States to make all payments, transfers, and
withdrawals from accounts in the name o f any of the following: The
head offices in Java of the Javasche Bank, Nederlandsche HandelMaatschappij, Nederlandsch Indische Handelsbank and NederlandschIndische Escompto Maatschappij, the branch offices in Kobe, Shanghai,
Amoy, Hongkong, Manila, Singapore, Bombay, and Calcutta of the
Nederlandsch Indische Handelsbank and the branch offices in Kobe,
Djeddah, and Shanghai o f the Nederlandsche Handel-Maatschappij.
“ Banking institutions within the United States making such pay­
ments, transfers, or withdrawals shall file promptly with the appropri­
ate Federal Reserve bank weekly reports showing the details of the
transactions during such period.
D. W. BELL
Acting Secretary o f the Treasury”
May 31, 1940
*Part 143— Sec. 5 (b ), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; Public Resolution No. 69,
76th C ongress; 12 U.S.C. 95a; Ex. Order 6560, Jan. 15, 1934; Ex. Order 8389, A pril 10,
1940; E x. Order 8405, M ay 10, 1940; Regulations, A p ril 10, 1940, as amended M ay
10, 1940.

Yours very truly,

R. R. GILBERT
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)