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FEDERAL RESERVE BANK
OF DALLAS

Dallas, Texas, July 16,1940

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

The Secretary of the Treasury has issued the following general license
(Code o f Federal Regulations, Title 31, Money and Finance, Treasury,
Chapter 1, Monetary Offices, Part 153):
GENERAL LICENSE NO. 23 UNDER EXECUTIVE ORDER NO. 8389 of
April 10, 1940, as amended, and Regulations issued pursuant thereto, relat­
ing to transactions in foreign exchange, etc.*
“ General Licenses Nos. 1, 2, 4, 5, 9, 11, and 12, as amended,
issued under Executive Order No. 8389 of April 10, 1940, as
amended, are hereby further amended so that as of the date hereof
there shall be substituted fo r the words ‘Norway, Denmark, the
Netherlands, Belgium, Luxembourg, or France,’ wherever they
appear in such general licenses, the words ‘Norway, Denmark, the
Netherlands, Belgium, Luxembourg, France, Latvia, Estonia, or
Lithuania.’
“ General License No. 12, as amended, issued under Executive
Order No. 8389 of April 10, 1940, as amended, is hereby further
amended by substituting a comma for the semi-colon at the end of
subdivision 2 thereof and adding thereafter the following: ‘or
subject to the property interests therein as of July 10, 1940, of
Latvia, Estonia, or Lithuania, or any national thereof.’
D. W. BELL
Acting Secretary of the Treasury”
July 15, 1940
"P a r t 153— Sec. 5 (b ) 40 S tat. 415 and 9 6 6 ; Sec. 2, 48 S tat. 1 ; Public R esolution N o . 69,
76th C o n g re ss; 12 U .S .C . 9 5 a ; E x . Order 656 0 , Jan. 15, 1 9 3 4 ; E x . O rder 8 38 9 , A p r il 10,
1 9 4 0 ; E x . Order 840 5 , M a y 10, 1 9 4 0 ; E x . O rder 844 6 , June 17, 1 94 0 ; E x . O rder 8484,
Ju ly 15, 1 94 0 ; R e gu lation s, A p r il 10, 1940, as am ended M a y 10, 1940, June 17, 1940, and
July 15, 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)