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FEDERAL RESERVE BANK
OF NEW YORK

Circular No. 1959, June 30, 1939
Superseding Circular No. 1879

TELEGRAPHIC TRANSFERS OF FUNDS THROUGH THE
FEDERAL RESERVE SYSTEM
Schedule of Time Limits in Effect July 3,1939 ("Daylight Saving Time")

(Supplement to Circular No. 1958, Dated June 30, 1939)
This schedule shows the latest hours at which instructions will be received and accepted at the
Federal Reserve Bank of New York in New York City or at its Buffalo Branch in Buffalo, N. Y.,
from member banks and nonmember clearing banks in the Second Federal Reserve District for interFederal Reserve district telegraphic transfers of funds under the provisions of Federal Reserve
Bank of New York Circular No. 1958, dated June 30, 1939. Federal Reserve Bank of New York
reserves the right at any time, with or without notice, to amend this schedule or otherwise to put into
effect time limits other than those herein set forth.

Federal
Reserve
City

District

Boston . . .
Philadelphia .

1
3

Federal Reserve Bank of Boston . . .
Federal Reserve Bank of Philadelphia .

Cleveland . .

4

Federal Reserve Bank of Cleveland . .

Richmond . .

5

Atlanta . . .

6

Chicago

. .

7

St. Louis . .

8

Minneapolis .

9

Kansas City .

10

Dallas . . .

11

San Francisco

12

>




Transfer of Funds to

ISO.

Instructions to reach
Federal Reserve Bank
of New York
not later than
On Other
Business
un
Days
Saturdays
'' Daylight Saving Time''
(a.m.)
On

11:30
11:30
(noon)

12:00
(a.m.)

Pittsburgh Branch . .

11:30

Federal Reserve Bank of Richmond . .
Baltimore Branch . .
Charlotte Branch . .
Federal Reserve Bank of Atlanta . . .
New Orleans Branch
Federal Reserve Bank of Chicago
. .
Detroit Branch . . .
Federal Reserve Bank of St. Louis . .
Little Rock Branch . .
Louisville Branch . .
Memphis Branch . .
Federal Reserve Bank of Minneapolis
Helena Branch . . .
Federal Reserve Bank of Kansas City .
Denver Branch . . .
Omaha Branch . . .
Federal Reserve Bank of Dallas . . .
El Paso Branch . . .
Houston Branch . . .
San Antonio Branch
Federal Reserve Bank of San Francisco .
Seattle Branch . . .
Spokane Branch . . .
Portland Branch . . .
Salt Lake City Branch .
Los Angeles Branch

12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00
12:00

(noon)

2:30
2:30
3:00

2:30
3:00
3:00
3:00
2:30
3:00
2:30
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00
3:00

FEDERAL RESERVE BANK
OF NEW YORK

June 30, 1939.

Semiannual Dividend

GENTLEMEN :

The board of directors of Federal Reserve Bank of New York has
declared a dividend for the six months' period ending- June 30, 19391,
at the rate of six per centum per annum on the paid-in capital stock
of the bank, payable on the thirtieth day of June, 1939 to stockholders
as shown by the books of the bank at the close of business on that date.

$

Your reserve account is therefore being credited today with
, the amount of the dividend due you.




•

Respectfully,

President.