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F E D E R A L R E SE R V E BANK O F NEW YORK Fiscal Agent of the United States f Circular N o. 3 8 1 4 1 January 25, 1952 J I CHANGE IN GROUPING OF TREASURY TAX AND LOAN DEPOSITARIES To all Treasury Tax and Loan Depositaries in the Second Federal Reserve D istrict: Effective January 28, 1952, all Treasury tax and loan depositaries will be divided into two groups, as follow s: Group A — All depositaries having Treasury Tax and Loan Account balances o f $100,000 or less at the close o f business January 25, 1952. Group B— A ll depositaries having Treasury Tax and Loan Account balances o f more than $100,000 at the close o f business January 25, 1952. Solely fo r the purpose o f making this division, the amount of outstanding calls will be deducted from the balance in each depositary as reflected on our books at the close o f business January 25, 1952. This grouping o f depositaries will be continued until further notice, notwithstanding any subsequent changes in the size o f the Treasury Tax and Loan Account balance o f any depositary. A llan S proul, President.