View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL RESERVE BANK
OF NEW YORK

Circular No. 2015
December 30, 1939

CORRECTION OF CIRCULAR RELATING TO
COLLECTION OF CASH ITEMS

To the Member and Nonmember Clearing Banks
of the Second Federal Reserve District:

There was transmitted to you, enclosed with our Circular No. 2013
dated December 21, 1939, a printed copy of our Circular No. 2012, effective
January 2, 1940, entitled "Collection of Cash Items", which was intended
to supersede Circular No. 1970 dated September 1, 1939. We find that
an error was made in section 7 of Circular No. 2012, and we are therefore
issuing and transmitting herewith Circular No. 2016, dated and effective
January 2, 1940, entitled "Collection of Cash Items", which is identical in
form with Circular No. 2012 except for the correction of such error, and
which supersedes both Circular No. 2012 and Circular No. 1970.
Additional copies of the enclosed circular will be furnished by this
bank upon request.




GEORGE L. HARRISON,

President.

FEDERAL RESERVE BANK
OF NEW YORK

December 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 December 31,
1939, at the rate of six per centum per annum on the paid-in capital
stock of the bank, payable December 30, 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.