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FEDERAL RESERVE OMSK OF MEW YORK No. January 22, 1986 [ Circular 9992 1 BOOK-ENTRY SECURITIES — Increase in Number of On-Line Accounts — New Fee Schedule for Treasury and Federal Agency Securities To All Depository Institutions, and Others Concerned, in the Second Federal Reserve District: E nclosed is a copy o f the follow ing: (a) First Supplement, dated today, to Operating Circular No. 21A — The Supplement amends paragraph 3 of the operating circular by increasing the number of book-entry accounts for secu rities transfers that may be maintained by depository institutions with direct electronic connec tions to Fedwire. (b) Appendix B , revised effective October 1, 1985, to Operating Circular No. 21A — The new fee schedule reflects the current fees for on-line transactions in book-entry Treasury and Federal Agency securities. The fees were originally announced in our Circulars Nos. 9828, dated April 4 , 1985, and 9947, dated November 8, 1985. Q uestions on these matters may be directed to Fred erick P. Sh ield s, M anager, Secu rities Transfer D epartm ent (T el. No. 2 1 2 -7 9 1 -8 4 7 5 ), or to D aniel C . B o lw ell, C h ief, Secu rities Tran sfer D ivision (T el. N o. 2 1 2 -7 9 1 -5 3 7 9 ). E . G erald C o rr ig a n , President.