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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Circular No. 1065, October 19, 1931~J Reference to Treasury Department I Circular No. 92 Revised J Special Deposits of Public Moneys under the Act of Congress Approved September 24, 1917, as Amended. To designated special depositaries of public moneys and all other banks and trust companies in the Second Federal Reserve District: Enclosed will be found a copy of 1931 Amendment to Treasury Department Circular No. 92 Revised from which you will note that on and after October 16, 1931, the date of such amendment, gold notes issued by the National Credit Corporation will be accepted at 90 per cent of face value as security for deposits of public moneys under the provisions of Treasury Department Circular No. 92, dated October 1, 1928. GEORGE L. HARRISON, Governor. SPECIAL DEPOSITS OF PUBLIC MONEYS UNDER THE ACT OF CONGRESS APPROVED SEPTEMBm 24, 1917, AS AMENDED. 1931 Amendment to Department Circular No, 92 Revised TREASURY DEPARTMENT, Office or the Secretary, Washingtoni Oct. 16, 1951, Division of Deposits, TO FEDERAL RESERVE BANKS -UD OTHER BANKS AND TRUST COMPANIES INCORPORATED UNDER. THE LAWS OF THE UNITED STATES OR OF ANY STATE: Treasury Department Circular No, 92, dated October 1, 1928, as amended, is hereby further amended by the addition of the following paragraph under caption "Collateral Security": "(i) G-old notes issued by the National Credit Corporation, at 90 per cent of face value." Accordingly, on and after the date of this amendment, gold notes issued by the National Credit Corporation will be accepted at 90 per cent of face value as security for deposits of public moneys under the provisions of Treasury Department Circular No. 92, dated October 1, 1928, A. »f, MELLON Secretary of the Treasury,
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