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FEDERAL RESERVE BANK OF DALLAS Dallas, Texas, September 19, 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 ruling: GENERAL RULING NO. 7 UNDER EXECUTIVE ORDER NO. 8389 of April 10, 1940, as amended, and Regulations issued pursuant thereto, relat ing to transactions in foreign exchange, etc. “ The provisions of General Ruling No. 5, as supplemented by General Ruling No. 6, have been extended to securities or evi dences thereof coming from the Philippine Islands and the Panama Canal Zone into any other part o f the United States. D. W. BELL Acting Secretary o f the Treasury” September 18, 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)