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FEDERAL RESERVE BANK OF CHICAGO
GOVERNMENT BOND

DEPARTMENT

ROOM 361 - 209 So. LA SALLE STREET

ADDRESS ALL COMMUNICATIONS
RELATIVE TO GOVERNMENT BONDS

IO. J/4. 0 JONES,

A, H, VOGTā€¢

A.SST

CASHI ER

PO. BOX 805

ASST . CASHIER

Circular No. 165
April 21, 1919.

TO THE BANK OR TRUST COMPANY ADDRESSED:
A number of corporations doing an interstate business,
whose head offices are located in other Federal Reserve Districts,
are desirous of giving credit to agencies located in this Federal
Reserve District for a portion of their subscription.
In such instances the subscription is placed with the
Federal Reserve Bank of the District in which the head office of
the interstate corporation is located, with instructions to that
Federal Reserve Bank to allocate credit through the Federal Reserve
Bank of Chicago to a bank in this District with which the agent of
the corporation does business.
Therefore, on all subscriptions of this character coming
to your attention, which are not accompanied by the lOfo payment and
on which it is not distinctly understood that the balance of the
payments will be made direct to you, you will please communicate
with us at once, giving us full particulars. On receipt of such advice we will immediately get in touch with the Federal Reserve Bank
of the District receiving the subscription and payments, and on advice
from them, will instruct you how to proceed.
Great care must be used in handling this class of subscriptions in order to avoid duplication.
In case any agent of an interstate corporation carrying
an account with you should receive instructions from the corporation relative to VICTORY LIBERTY LOAN subscriptions in which the
corporation does not make it clear to the agent that be is ~rely
to receive credit for his subscription and not to enter one, you
are urged to communicate with us before accepting such subscription
from the &cent.


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Federal Reserve Bank of St. Louis

FEDERAL RESERVE BANK OF CHICAGO
Government Bond Department