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FEDERAL RESERVE BANK OF NEW YORK Fiscal A g e n t of the United States r Circular No. 2 9 6 9 1 L July 2, 1945 J REVISED SCHEDULE OF REIMBURSEMENT IN CONNECTION WITH THE PAYMENT OF UNITED STATES SAVINGS BONDS To all Incorporated Banks and Trust Companies in the Second Federal Reserve District: Treasury Department Circular No. 750, dated September 5, 1944, entitled "Regulations Governing Payments by Incorporated Banks and Trust Companies in Connection with the Redemption of United States Savings B o n d s " , a copy of which was incorporated in our Circular No. 2834, dated September 5, 1944, has been amended, effective July 2, 1945. A copy of the amended circular will be f o r Avarded to you within the next few. days as soon as printing has been completed. The amendments to the circular affect, among other things, the rates of reimbursement of qualified paying agents f o r their services in paying bonds. On and after July 2, 1945, each paying agent will be entitled to receive reimbursement f o r bonds paid and forwarded to us during each calendar quarter according to the following scale: 15 cents each f o r the first 1,000 bonds 10 cents each for all over 1,000 bonds There has been no change in the rule under which each branch or facility at which bonds are paid may be regarded as a separate entity f o r the purpose of computing claims f o r reimbursement, provided the bonds paid by each are separately scheduled and accounted for. ALLAN SPROUL, President.
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