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FEDERAL RESERVE BANK
OF NEW YORK

[

Circular No. 2 2 3 8 , July 9, 1941

~]

Reference to Circulars Nos. 2129, 2131, 2132, 2144, 2171,
2182, 2183, 2185, 2187, 2188, 2194, 2195, 2207, 2208,
2216, 2219, 2221, 2222, 2223, 2226, 2229, 2232 and 2233. J

Executive Order No. 8389, as Amended, and Regulations Issued Pursuant Thereto,
Relating to Transactions in Foreign Exchange, Etc.
To all Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:

For your information we quote below the text of a telegram received today from the
Treasury Department :
The following is the text of Public Circular No. 1 relating to the extension of time for the
filing of reports on Form TFR-300 until August 30, 1941:
TREASURY DEPARTMENT
Office of the Secretary
July 9, 1941.
PUBLIC CIRCULAR NO. 1,
UNDER EXECUTIVE ORDER NO. 8389, APRIL 10, 1940, AS AMENDED, AND REGULATIONS ISSUED PURSUANT THERETO, RELATING TO TRANSACTIONS IN
FOREIGN EXCHANGE, ETC.
Reference is made to Section 130.4 of the Regulations providing that reports on
Form TFR-300 shall be filed on or before July 14, 1941.
The time within which such reports on Form TFR-300 shall be filed is hereby
extended from July 14, 1941, to August 30, 1941.
E. H. FOLEY, JR.
Acting Secretary of the Treasury.

The following is the text of a press release issued today respecting such extension of
time:
TREASURY DEPARTMENT
Washington
FOR IMMEDIATE RELEASE,
PRESS SERVICE
Wednesday, July 9, 1941.
No. 26-37
Secretary Morgenthau today extended until August 30, 1941, the time for filing the
census reports of all foreign-owned property in the United States.
The census was ordered by the Secretary, with the approval of the President, on June
14 simultaneous with the issuance of the Executive Order freezing the assets of all the
countries in continental Europe not previously frozen. At that time the census reports
were ordered to be filed by July 14.
•
The Secretary called attention to the fact that the census will relate not only to property in the United States belonging to countries and nationals subject to freezing control,
but to all other foreign countries and nationals as well.
Treasury officials said that a new form for reporting the census—(Form TFR-300)
is being drawn up, and indicated that it will be available for distribution in about ten days.
Such forms may be obtained from any Federal Reserve Bank as well as from the Treasury
Department. Other banks also will be in a position to furnish such forms.
Secretary Morgenthau said that it is expected that this extension will afford ample
opportunity for all persons and institutions to report all foreign-owned property in the
United States.

Additional copies of this circular will be furnished upon request.




ALLAN SPROUL,

President.