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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Circular No. 8812 April 25, 1980 TREASURY TAX AND LOAN DEPOSITARIES Note Option and Remittance Option Depositaries Reclassified Effective at the Close of Business on April 30, 1980 To A ll Treasury Tax and Loan Depositaries in the Second Federal Reserve District: T h e T r e a su r y D e p a r tm e n t h a s a u th o r iz e d a n d r e q u e ste d th is B a n k to r e c la s s ify th e T r e a su r y T a x a n d L o a n D e p o s ita r ie s in th is D is tr ic t in t o N o t e O p t io n D e p o s ita r ie s (C la s s e s A , B , a n d C ), a n d R e m it ta n c e O p t io n D e p o s ita r ie s (C la s s 1 a n d C la ss 2 ), e f f e c t iv e a t th e c lo s e o f b u s in e s s o n A p r il 3 0 , 1 9 8 0 , o n th e b a s is o f th e to t a l d e p o s it s c r e d ite d t o ta x a n d lo a n a c c o u n ts d u r in g th e p e r io d J a n u a r y 1 th r o u g h D e c e m b e r 3 1 , 1 9 7 9 , e x c lu siv e o f d irect in v e stm e n ts w ith C la ss C b a n k s. A c c o r d in g ly , d e p o sita r ie s h a v in g a to t a l o f su c h d e p o s it s d u r in g th a t p e r io d in th e a m o u n ts in d ic a te d b e lo w w ill b e g r o u p e d a s fo llo w s : Note Option Depositaries C la ss A — L e ss th a n $ 7 ,5 0 0 ,0 0 0 . C la s s B — (1 ) $ 7 ,5 0 0 ,0 0 0 o r m o r e , b u t less th a n $ 7 5 ,0 0 0 ,0 0 0 a n d (2 ) $ 7 5 ,0 0 0 ,0 0 0 o r m o r e , b u t w h o s e to ta l d e p o s it lia b ility (d e m a n d a n d tim e ) w a s $ 6 5 ,0 0 0 ,0 0 0 o r less o n S e p te m b e r 3 0 , 1 9 7 9 . C la s s C — $ 7 5 ,0 0 0 ,0 0 0 o r m o r e , a n d w h o s e to t a l d e p o s it lia b ility (d e m a n d a n d tim e ) w a s m o r e th a n $ 6 5 ,0 0 0 ,0 0 0 o n S e p te m b e r 3 0 , 1 9 7 9 . Remittance Option Depositaries C la ss 1 — M o r e th a n $ 3 ,5 0 0 ,0 0 0 . C la ss 2 — $ 3 ,5 0 0 ,0 0 0 o r le ss. A n y d e p o s it a r y w h o s e g r o u p c la s s if ic a t io n w ill c h a n g e e f f e c t iv e a t th e c lo s e o f b u s in e s s o n A p r il 3 0 , 1 9 8 0 w ill b e s o n o t if ie d b y le tte r . A n y q u e s tio n s r e g a r d in g th is m a tte r m a y b e d ir e c te d t o J o s e p h R . P r a n c l, J r ., C h ie f o f o u r A c c o u n t in g O p e r a tio n s D iv is io n (T e l. N o . 2 1 2 -7 9 1 -6 5 6 9 ). ANTHONY M . SOLOMON, President.
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