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FEDERAL RESERVE BANK
O F N E W YORK
F i s c a l A g e n t of t h e U n i t e d S t a t e s

r
Circular No. 2552, November 25, 1942
L Reference to Circulars Nos. 254S and 2551. J

FOREIGN FUNDS C O N T R O L
To all Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:

For your information we quote below from a telegram received from the Treasury
Department :
T h e f o l l o w i n g is t h e t e x t of a n a m e n d m e n t t o G e n e r a l L i c e n s e N o . 37 i s s u e d t o d a y :
CODE OF FEDERAL REGULATIONS
Title 31—Money and Finance: TreasuryChapter I—Monetary Offices, Department of the Treasury
Part 131—General Licenses under Executive Order No. 8389,
April 10, 1940, as amended, and Regulations issued pursuant
thereto.
Section 131.37

TREASURY DEPARTMENT
O f f i c e of t h e S e c r e t a r y
N o v e m b e r 25, 1942

G E N E R A L L I C E N S E NO. 37
U N D E R E X E C U T I V E O R D E R NO. 8389, AS A M E N D E D , E X E C U T I V E O R D E R NO. 9193,
S E C T I O N S 3(a) A N D 5(b) O F T H E T R A D I N G W I T H T H E E N E M Y ACT, AS A M E N D E D
BY T H E F I R S T W A R P O W E R S ACT, 1941, R E L A T I N G T O F O R E I G N F U N D S C O N T R O L . *

G e n e r a l L i c e n s e N o . 37 is h e r e b y a m e n d e d b y d e l e t i n g t h e final p a r a g r a p h of s u c h
g e n e r a l license.
RANDOLPH PAUL
Acting Secretary

of the

Treasury

* Part 131;—Sec. 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; 54 Stat. 179; Public No. 354, 77th Congress, 55 Stat. 838; Ex. Order 8389, April 10, 1940, as amended by Ex. Order 8785, Tune 14, 1941; Ex. Order
8832, July 26, 1941; Ex. Order 8963, December 9, 1941, and Ex. Order 8998, December 26, 1941; Ex.
Order 9193, July 6, 1942; Regulations, April 10, 1940, as amended June 14, 1941, and July 26, 1941.

Additional copies of this circular will be furnished upon request.




ALLAN SPROUL,

President.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102