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
Fiscal Agent of the United States

Circular No. 2 8 7 2 1
November 23, 1944 J

FOREIGN FUNDS CONTROL

To all Banks, and Others

Concerned,

in the Second Federal Reserve

District:

At the request of the Treasury Department you are advised that
on November 23, 1944, facilities were restored for the transmittal of
non-illustrated post cards between the United States and Belgium; that,
notwithstanding General Ruling No. 11, persons in the United States
and Belgium may exchange business, commercial and financial information through this service; and that transactional communications
continue to be prohibited.




ALLAN SPROUL,
President.

aJj P f i x

FEDERAL RESERVE BANK
OF NEW YORK

Fiscal Agent of the United States

November 27, 1944.

P A Y M E N T OF UNITED STATES SAVINGS BONDS
Submission of Paid Bonds to Federal Reserve Bank
To all Incorporated Banks and Trust Companies in the
Second Federal Reserve District Qualified to Make

Payments

in Connection with the Redemption of United States Savings

Bonds:

Banking institutions qualified to pay United States Savings Bonds should
be guided by the following instructions relating to the submission of paid bonds
to us for redemption:
1. All paid bonds on hand on the last business day of a month should he
forwarded to us not later than the following business day.
2. Bonds paid by a qualified banking institution in different calendar months
should not be listed on a single transmittal letter (Form Sav. B-28). All bonds
paid in one month should be segregated from bonds paid in another month and
listed on a separate transmittal letter.

Savings bonds are charged to the account of the Treasurer of the United
States according to the months in which they are paid to the owners, and it is
therefore important that these instructions be followed carefully. Your cooperation in this respect will be appreciated.




ALLAN- SPROTJL,
President.