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F e d e r a l B a n k r e s e r v e OF D A L L A S D a lla s , T e x a s , A u g u s t 19, 1964 RELEASE OF EXCESS COIN HELD B Y BANKS To the Member Banks of the Eleventh Federal Reserve District: E ff e c t iv e d e p o s its In o f v ie w change in T h e be in th e c o in m e m be r e ffo rt b y d is p o s in g n o t c ir c u la r Y o u r o f a n y th e s h o rta g e , ban ks th is and b a n k w ill p r e s e n t ly p r e v a ils , t h i s F e d e ra l R e s e rv e S y s te m e x c e s s a c c u m u la tio n s accept b ra n c h e s . to te m p o ra ry a s s is t m e m o f w ra p p e d th e c o p ie s in needs b a n k p r o v is io n s 17, w h ic h a n y c o n s t it u t e m e e t th e m a y fo rth be Y o u rs yo u c o in w h ic h th is te m p o ra ry o b t a in e d v e ry its fro m d u r in g th is c u rre n c y and w ra p p e d c o in fo rw a rd and s h o u ld lo o s e c o in . o r lo o s e , i n s e r v ic e o f c o in o u r c u r r e n tly p u b lic needs in o f c o in , w r a p p e d a c o in c o n c e r n in g c ir c u la r set 1 9 6 1 . D e p o s its to r e tu r n in g S y s te m th is J u ly w ill in fo r m a tio n o f o th e r o f th is c o o p e r a tio n F u rth e r a n y 5 , d a te d o ffic e r e a s o n a b le b a n k w i l l a c c e p t d e p o s its o f w r a p p e d a lt e r N o. m e r c ia l B a n k in g and o f fro m s h o r t a g e o f c o in w h ic h is a n fa c t th a t th is does s e n t to y o u r d u r a t io n c o in d e v e lo p . p e r io d c o in th e o f th e p o lic y b e r b an ks m a y fo r w ra p p e d excess h e lp th e o f C om c u s to m e rs . change a n y o ffic e in o f p ro c e d u re th is b ank. tr u ly , W a tro u s H . Iro n s President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
