View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

federal

R e s e r v e Ba n k o f D a l la s

DALLAS, TEXAS

75222

C ir c u l a r No. 75-150
October 6, 1975

American Revolution Bicentennial

PURCHASE AND SALE OF SECURITIES
AND TELEGRAPHIC TRANSFERS OF SECURITIES

TO ALL MEMBER BANKS
IN THE HEAD OFFICE TERRITORY,
ELEVENTH FEDERAL RESERVE DISTRICT:
Effective O ctober 27, 1975, te le p hon e c o n v e r s a tio n s with the
Head Office of the Federal R e s e r v e Bank of Dallas re la tin g to t r a n s f e r s of
s e c u r it ie s (CPD t r a n s f e r s ) and p u r c h a s e an d s ale of s e c u r it ie s will be
r e c o r d e d . T h is action will help to f u r t h e r p ro te c t both those p a r t i e s r e ­
q u e s ti n g s u c h t r a n s a c tio n s and this Bank by a s s u r i n g th a t only a u t h o r ­
ized tra n s a c tio n s a r e p r o c e s s e d t h r o u g h this B a n k 's facilities. B eeper
d e v ic e s will emit a signal at least once each 15 s e c o n d s to indicate that
the te leph one c o n v e r s a tio n is being r e c o r d e d .
Until s u ch time as this B an k 's Bulletin 3 and Fiscal A gency
O p e ra tin g C ir c u l a r No. 2 a r e r e v i s e d , p le a s e note th a t this notice should
be maintained as a r e m in d e r of th is new p r o c e d u r e . Questions r e g a r d i n g
th is new o p e ra tin g p r o c e d u r e sho uld be d ir e c t e d to C . T . Pat Powell,
M anager of the S e c u ritie s D e partm ent of this Bank.
Sincerely yours,
T . W. Plant
First Vice President

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