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FEDERAL RESERVE BANK
OF NEW YORK

Circular No. 1264, August 8, 1933]
Reference to 1932 Treasury
Department 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:

There is enclosed a copy of the Third Supplement dated July 24,
1933, to Treasury Circular No. 92, authorizing the acceptance at par of
bonds of the Home Owners' Loan Corporation as collateral security
for deposits of public moneys under the terms of that circular. The
only other change involved in this supplement is to authorize the acceptance of bonds of the Federal Land Banks at par which for some time
past have been acceptable at market value. All other securities issued
under the Federal Farm Loan Act, as amended, will be accepted at
market value, not to exceed face value, as heretofore.




GEORGE L. HARRISON,

Governor.

SPECIAL DEPOSITS OF PUBLIC MONEYS UNDER THE
ACT OF CONGRESS APPROVED SEPTEMBER 2 4 , 1917,
AS AMENDED

1933
T h i r d Supplement

TREASURY DEPARTMENT

Department Circular No, 92
Bevised

Office of the Secretary
Washington, July 24, 1933,

Accounts and Deposits

TO FEDERAL RESERVE BANKS AND OTHER BATIKS AND TRUST COMPANIES
INCORPORATED UNDER THE LAWS OF THE UNITED STATES OR OF MY
STATE:
Treasury Department Circular No. 92, dated February 2 3 , 1932,
as amended, i s hereby further amended by t h e a d d i t i o n of t h e f o l lowing paragraph under t h e c a p t i o n " C o l l a t e r a l S e c u r i t y " :
" 1 1 | FEDERAL LAND BANK AND HOME OVERS' LOAN CORPORATION
BONDS* - Bonds of t h e Federal Land Banks and bonds of t h e
Home Owners' Loan Corporation; a l l a t par%"
Paragraph 2 of t h e c o l l a t e r a l s e c u r i t y provisions of the
c i r c u l a r i s hereby amended t o read as follows:




W

2. FEDERAL FARM LOAN, INSULAR, AND TERRITORIAL
GOVERNMENT SECURITIES, - Bonds and debentures
issued under the Federal Farm Loan Act, as amended,
(other than bonds of the Federal Land Banks as
specified in paragraph 11), bonds of Puerto Rico,
bonds and c e r t i f i c a t e s of indebtedness of the P h i l i p p i n e
I s l a n d s , and bonds of the T e r r i t o r y of Hawaii; a l l at
market value, not t o exceed face v a l u e . "

DEAN AGEESON
Acting S e c r e t a r y of t h e T r e a s u r y ,