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F

e d e r a l

r e s e r v e

b a n k

OF DALLAS

Dallas, Texas, June 9,1945

To All Banking Institutions in the
Eleventh Federal Reserve D istrict:

On January 16, 1943, your bank was requested to promptly ship to this
bank or to the branch in whose territory your institution is located any
silver certificates bearing a yellow seal which it received.
The Treasury has advised this bank that in view o f recent develop­
ments in connection with military operations in the European and Medi­
terranean areas, substantial amounts of silver certificates bearing a yellow
seal will be paid out in such manner as to enter into circulation in the
United States. Inasmuch as the circulation of this currency will no longer
be confined to combat areas, it will not be necessary for banking institu­
tions to continue to withhold from circulation any of these certificates
which come into their possession. Effective immediately this specially iden­
tifiable currency may continue to circulate until it is retired in the normal
course of operations as it becomes unfit for further circulation.
Yours very truly,
R. R. GILBERT
President

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