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FEDERAL RESERVE BANK OF NEW YORK CIRCULARS
FOR THE YEAR 19&9
OK CERTAIN OPERATIONS AND ACTIVITIES INCLUDING THOSE




AS FISCAL AGENT OF THE UNITED STATES

C i r c u l a r s No* 6269 - 6^63
(No O p e r a t i n g C i r c u l a r s I n c l u d e d )

VOLUME 43
Index s t a r t s on n e x t page

INDEX OF CIRCULARS OF THE FEDERAL RESERVE BANK OF NEW YORK
For the year 1969
Circulars Nos. 6269 -

6463

Volume 43
Circular
No.
ADVANCES AND DISCOUNTS
Revised Interpretation of Regulation A, January 24, 1969 ....
Collateral for Advances to Member Banks--Amendment to
Regulation A, effective April
1969 ........... ........ .

6319

ANNUAL STATEMENT
Of this Bank for the year I 969 (Fifty-Fourth), January 14,
19 6 9 .........................................................

6275

APPOINTMENTS
Federal Advisory Council, member of for 1970-John M. Meyer, Jr., November 28, 1 9 6 9 ................. .....
Directors (Buffalo Branch)
Directors, December 29, 1969

6446
6454
646l

BALANCE OF PAYMENTS (See
RESTRAINT PROGRAM

VOLUNTARY

6280

FOREIGN CREDIT

BANK HOLDING COMPANY ACT
Statement of Principles by the Board of Governors of the
Federal Reserve System With Respect to Amendments to the
Bank Holding Company Act, February 21, 1969 .......... .

6298

BANK PROTECTION ACT
New Regulation P to Implement The Bank Protection Act of
1968 , January 13, 1 9§ 9 ..................................... *at6274
New Regulation P, Effective January 13, 1969 , February 14,
1969 *.................. ................................ ...... at 6292
Use of Certain Currency Protection Devices Under
Regulation P, March 20, 1969 ** ...... *......... .............at6307A
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Interpretation by Board of Governors--Regulation R-Relationships With Dealers in Securities Under
Section 32 of the Banking Act of 1933, January 8 , 1969**••
6271
Amendment to Regulation K--Amendment to Rules Regarding
Delegation of Authority, January 10, 1969 ........... ......
6273
Revised Interpretation of Regulation A, January 24, 1969 * ••• 6280
Amendment to Board of Governors' Rules R e gar di ng
Delegation of Authority, February 4, 1969 .... ...... .
>266
New Regulation P, Effective January 13, 1969........... .....at6292
Publication of Reports of Condition--Amendments to
Regulation H--Amendment to Rules Regarding Delegation
of Authority, Effective March 18, 19&9> April 3, 1 9 6 9 ....
6312




Index of Federal
Reserve Bank Circulars
Nos. 6269 - 6463

Circular
No,

2

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (Continued)
Collateral for Advances to Member Banks--Amendment to
Regulation A, Effective April 4, 19&9, April 14, I 9 6 9 ....
6319
Interpretation of Regulations K and M, June 20 , 1 9 6 9 ........at6352
Proposed Amendments to Regulations M and D--Reserve
Requirements on Certain Euro-Dollar Transactions,
June 27, 19 69 ................................................
6356
Terms Used by Board of Governors in Reports on
Competitive Factors in Proposed Mergers and Their
Definitions, July 17, 19 6 9 ..................................
6368
Amendments to Regulations M and D--Reserve Requirements
on Certain Euro-Dollar Transactions, August 13, 19&9.....
6384
Amendments to Regulations D and M, Effective
September 4, I 969 , August 1 5 , 19 6 9 .........................
6386
Amendment to Regulation J, Recovery by Reserve Banks
of Certain Litigation Expenses, Effective October 1,
6398
1969 , September 2, 1969 ...... ..............................
Amendments to Board of Governors' Rules Regarding
Delegation of Authority, Effective September 4, 1969 ,
September 9, 1 9 6 9 ............................................
6400
Notice of Proposed Rule Making-Regulation F--Securities
of Member State Banks, November 12, I 969 .................. at643b
Amendment to Regulation R, Effective January 1, 1970 ,
November 18, 1 9 6 9 .......... ....... .................... .
6438
Amendment to Regulation F--Securities of Member State
Banks, December 29, 1969 ........................... ........ at6456
Regulation R, As Amended Effective January 1, 1970,
6459
December 2 9 , 1 969 *........................ „....... .
BONDS (See FEDERAL FARM LOAN BONDS:
UNITED STATES SAVINGS BONDS)

TREASURY ISSUES;

BOOK-ENTRY TREASURY SECURITIES
Proposed Expansion of Book-Entry Procedure for Treasury
Securities, April 29, 1 9 6 9 ..................................
Book-Entry Procedure for Treasury Securities, trans­
mitting Operating Circular No. 21, Effective August 1,
1969, and Subpart 0 of Treasury Department
Circular No. 300, July 15, 1969 ,* August 1, 1969 ...........

6379

BUFFALO BRANCH
Appointment of Buffalo Branch Directors and
Designation of Chairman, December 1 9 , 1969 ................

6454

6325

CHECKS (INCLUDING NONCASH ITEMS)
Collection of Cash Items, Revision of Operating
Circulars Nos. 4 and 5, revised effective September 2,
1969 , July 18, 1969 ........... ....................... •.....
6370
Collections delayed by storm conditions, August 25, 1969•••.at6395
Amendment to Regulation J, effective October 1, 1969,
September 2, 19&9 ••••••• .................. ................. .
6 398




Index of Federal
Reserve Bank Circulars
Nos, 6269 - 6463

3

Circular
No.

CHECKS (INCLUDING NONCASH ITEMS) (Continued)
Par Clearance of Checks Drawn on All Banks in Missouri,
6417
Effective October 13, 1969# October 6 , 1 9 6 9 ...............
New York Clearing House Rules Change--Certain Counter
Checks" Ineligible as Cash Items, November 5 , 1 9 6 9 ........
6431
New Postal Money Orders, December 9 , 1 9 6 9 ................ ...at6447
Regional Check Clearing Center in Baltimore,
December 11, 1 9 6 9 ........... .................... . ........ .
6449
Par Clearance of Checks Drawn on All Banks in Georgia,
Effective January X, 1970, December 26, 1 9 6 9 .... .
6458
List of Banks Participating in Regional Check Clearing
Center at Baltimore, December 31# 1 9 6 9 ................... .
6463
CIRCULARS
List of Regulations in the new and old size, December 2 6 ,
1 9 6 9 .............. ........................................... at6457
COLLECTIONS (See also CHECKS)
Collection of Cash Items, Revisions of Operating
Circulars Nos. 4 and 5# revised effective September 2,
1969, July 18, 1 9 6 9 .........................................
COMMODITY CREDIT CORPORATION
Interest Rate Increased to 6 . 6 2 6 Percent on CCC
Certificates of Interest, January 29# 1 9 6 9 ...........
Commodity Credit Corporation To Offer $700 Million
of Special Series Certificates of Interest,
June 3 # 1969 •••••• ................. ................... ......
Invitation for Bids on $700,000,000 of 39-Day Commodity
Credit Corporation Certificates of Interest Special
Series, dated June 23# 1969, due August 1, 1969#
June 4, 1 9 69 ............................... ..................
DEPOSITS
Proposed Amendments to Regulation Q--Guidelines for
Advertising Interest on Deposits, April 7# 1969.... ......
Amendments to Regulation Q, effective August 1, 1 9 6 9 *...... .
DEPOSITS OF PUBLIC MONEYS
Maximum Amounts of Deposits in Treasury Tax and Loan
Accounts, March 13# 1 9 6 9 ...... ...........................
Treasury Tax and Loan Depositaries--Groups A, B, and C
Reclassified as of August 12, 1969# August 4, 1 9 6 9 ........
DIRECTORS
Change in Classification of Member Banks for Purpose of
Electing Directors, July 21, 1 9 6 9 ..........................
Election of
September 30, 1 9 6 9 --Nominated and election to choose
sucessors to the two directors selected by Group
3 , whose terms expire December 31# 1969#
September 30, 1 9 6 9 ........................................




6370

6282
6343

6346

63 16
6351

6303
638O

6371

o4l2

Index of Federal
Reserve Bank Circulars
N o s . 6269 - 6463

4

DIRECTORS (Continued)
November 7, 1 9 6 9 --Arthur S. Hamlin, Maurice R. Forman
nominated by Banks in Group 3 November 25, I 969 -”
Arthur S. Hamlin, elected Maurice R. Forman,
reelected for three-year term beginning January 1,
1970, November 25, 1 9 6 9 .......................... ....... ...
Appointment of Directors (Buffalo Branch) December 19,
19 69 ..........................................................
Appointment of Directors, December 29, 1969* ......... .......
FEDERAL FARM LOAN BONDS
Redemption of
January 20 maturity--offerings of new bonds, January 3,
19 69 ........................ .................................
July 15 maturity--offerings of new bonds, June 27,
19 6 9 .................. .......................................
FEDERAL RESERVE BANK
Telephone Directory of this Bank
Use of This B a n k ’s Telephone and
Directory, April 22, 1 9 6 9 *....
Changes in This B a n k ’s Telephone
Directory, June 2 5 , 1 9 6 9 ......

Circular
No .

6442
6454
646l

6269
6356

dated January, 1 9 6 9 ........at62&9
Organization
........ .................... at6322
and Organization
........... ................. at6355

FOREIGN EXCHANGE
Reports of Transactions in Foreign Exchange, Transfers
of Credit, end Export of Coin and Currency--Revision
of Operating Circular No. 19, effective December 31,
1 9 6 9 , December 19, 1 9 6 9 ............ ........................
GOVERNMENTAL AGENCIES
Interest Rate Increased to 6 .6 25 Percent on CCC
Certificates of Interest, January 29, 1 9 6 9 .............. .
Commodity Credit Corporation to Offer $700 Million
of Special Series Certificates of Interest,
June 3, 1 9 6 9 ....................... ..........................
Invitation for Bids on $700,000,000 of 39-Day Commodity
Credit Corporation Certificates of Interest--Special
Series dated June 23, 1 9 6 9 , Due August 1, 1 9 6 9 ,
June 4, 1 9 6 9 ......... ........................... ...........

6455

6282
634 3

6346

MARGIN REGULATIONS
Time Extended to February 14 for Comments on Proposed
Amendments to Margin Regulations G and U Relating to
"Equity Funding" Programs, January 1 3 , 1 9 6 9 ...............
6274
Proposed Amendments to Margin Regulations G, T,
and U to Implement the ’’Over-the-Counter Margin Act %
February 11, 1969............ ...............................
6291
Proposed Amendment of Regulation U , February 19, 1969*»»»,#* 6295
Proposed Amendment of Regulation T, February 19, 1969 ••••••«at6295
Proposed Am endment of Regulation G, February 19, 1 96 9...... at6295&




Index of Federal
Reserve Bank Circulars
Nos. 6269 - 6463

5

Circular
No.

MARGIN REGULATIONS (Continued)
Oral Presentation on the Board *s Proposal to Bring
Equity Funding Plans Under Margin Regulations,
February 20, 1 9 6 9 .... .......................................ato296
Margin Regulations--Interpretation of Regulation G
and U, May 1, 19&9* ....... ••••••••••••...... ...............
6328
Proposed Amendment to Margin Regulation U--Exemption
for Loans to ’Third Market Makers ”, May 19> 1969***......
^335
S^hk
Margin Regulations--Equity Funding Plans, June 3> 1 9 6 9 .....
Amendment to Margin Regulations G, T, and U to
Implement the Over-* the- Counter Margin Act ,
effective July 8 , ±
, June 6 , 1969 ......................
Interpretation of Regulation G, June 12, 1 9 6 9 *••••••••••*••.at63^9
Regulations G, T, and U, as Amended Effective
July 8 , 1969, June 18, 1969 ....................... ......... ai6350
List of OTC Margin Stocks as of July 8 , 1969 ,
July 1, 1 9 6 9 ................................................. at 6 360
Printed Copies of Regulations G, T, and U, Revised
Effective July 8 , 1969 , July 30, 19 ^ 9 ........... ..........
6375
Caanges in List of OTC Margin Stocks, August k } 1 9 6 9 ........atfc300
List of OTC Market Makers as of July 18, 1269,
August 7> 1969............. .......... ...................... at638l
Amendments to Regulations G and U, Effective August 13,
395
1969 , August 2 5 , 196 9 * ........ *................ .............
Changes in List of OTC Margin Stocks, September 5, 1969 .... atC3 )9
Changes in List of OTC Margin Stocks, October 21, 1 9 & 9 ..... at6^22a

9&9

MEMBER BANKS
1968 Operating Ratios— Income and D i v id en ds of
Second District Member Banks, March 21, 1969 .............. a
Civil Rights Act of 1968 , May 2, 1 9 6 9 ........................ -tbS^ba
U 0 IT 1 V 1 A 1*

P iO T llr C!

Endieott Bank of Hew York, The Exchange Bank of
Olean, and Metropolitan Bank of Syracuse, May 8, 1969 ..at£>330
Elmvood State Bank, East Paterson, N.J., ^un®
1969*.... a -^35
Niagara Frontier Bank of IJew York, Buffalo, Nev York,
October 27,
..................... ........................
Notice of Proposed Rule M a k i n g - - Regulation F - ,
Securities of Member State Banks, November 1h, 19 & 9...... at6*36
Amendments to Regulation F— S ec uri ti es of Member Sta e
.zhsz
Banks, December 22, ................................. ....... . ° ^

19&9

RESERVES
Reserve Requirements Increased on Demand Deposits—
Discount Rates Increased, April 3* 1969••••••••••••*•*••••
Notice of Proposed Rule M a k i n g — Regulation D--Reserves
of Member Banks, May 29, 19&9 ••••••••*•••••••••••••••♦••••
Revised Proposed A m e n d m e n t s to Regulations D ana h
Certain Federal Funds T r a n s a c t i o n s as Deposits,
September 1 9 , 19^9 .................... ...... .......... . * • • •




,

Index of Federal
Reserve Bank Circulars
H o e .

6269

-

6 4 6 3

6

K o .

REGULATIONS D AND Q
Reserve Requirements Increased on Demand Deposits—
Discount Rates Increased, April 3 , 1 9 6 9 ................
6313
Proposed Amendments to Regulation > - Guidelines for
Advertising Interest on Deposits, April 7 i 1 ) 6 9 ........
j31o
Notice of Proposed Rule Making— Regulation D— Reserves
of Member Banks, May 29 9 19 ^ 9 ..................*........
63^2
Amendments to Regulation Q— Advertising of Interest
6351
on Deposits, June 16, 19 & 9 ............. ....... ...... .
Proposed Amendments to Regulation M and D--Re serve
Requirements on Certain Euro-Dollar Transactions,
June 27, 1 9 6 9 .............................................
6356
Proposed Amendments to Regulations D and <
4— Certain
Federal Funds Transactions as Deposits, June 27, 196 ; ..
6357
Amendments to Regulations D and Q, July 2k, 1)69..........
6373
Amendments to Regulations M and D, Reserve Requirements
on Certain Euro-1dollar Transactions, August 1 3 , 196 9 ...
638 k
Amendments to Regulations D and M, Effective
6386
September k, 19&9, August 15, 1969 ......................
Amendments to Regulations D and Q, August 19, 1 9 6 9 .......
6390
Revised Proposed Amendments to Regulations D and Q-Certain Federal Funds Transactions as Deposits,
September 19, 1969*...................... *.............
6407
Notice of Proposed Rule Making— Regulation Q--Interest
on Deposits, October 29, 1 9 ^ 9 ........................ .
6k2 )
Obligations of Subsidiaries of Member Banks,
November 5 , 19^9 .................. ...... 6 k 32
Amendment to Regulation > - T l m e Deposits of Foreign
Government Entities and International Organizations,
Effective November 5, 19&9, November 12, 1 9 6 9 ......... .
6^36
Regulations D and (^--Further Time to Adjust to October
29 Determination on Obligations of Subsidiaries of
Member Banks, November 26, 1969 *.............. .
( kk$
REGULATION V
Loan Guarantees for Defense Production--Revised
Supplement to Regulation V, Effective October 27,
1969> October 29, 1 9 6 9 ................................ .

6k23

SECURITIES
Problems of "Fails" in U.S. Government Securities Market,
April 17, 19 6 9 ...........................................
6321
liotice of Proposed Rule Making— Regulation F-«
Securities of Member State Banks, November Ik, 19 6 9 .... at 6^36
Amendments to Regulation F--Securities of Member State
Banks, December 22, 19&9*.... ..... .............. .
atGk ^6
TENNES3EE VALLEY AUTHORITY
Invitation for Bids on $90,000,000 of 119-Day TVA
T Power Notes, dated January 30, 19&9, Due May 29,
1969, January 20, 19 6 9 ................................... at6277




Index of Federal
Reserve Bank Circulars
2!os« 6269 • 6k6$

Circular
7

TENNBSSBE V A L L E Y AUTHORITY (Continued)
Results of Bidding for TVA Power Notes, January 28,
1 9 6 9 .........................................................................................................................................

Invitation 6 f Bids on $90,000,000 of 119-Day TVA
Power Notes, Dated February 27# 19&9# Due
June 26 , 1969 # February 17# 1 9 & 9 ............. .
Results of Bidding for TVA Power Notes, February 25,
1 9 6 9 ........................... ........ ................
I n v i t a t i o n f o r B id s on $ 9 0 ,0 0 0 ,0 0 0 o f 1 2 6 -D a y TVA
Pow er N o t e s , D ated M arch 27* 1969# Due J u l y 3 1 ,
1969# M arch 1 7 , 1 9 6 9 .............................................................. ..
Results of Bidding for TVA Power Notes, Mareh 25,
1 9 6 9 .....................................................................................................................
Invitation for Bids on $100,000,000 of 126-Day TVA
Power Notes, Dated April 2k, 1969# Due August 28,
1 9 6 9 , A p r i l Ik, 1969 ..............................................................................
Results of Bidding for TVA Power Notes, April 22,
1969................................. ..................
Invitation for Bids on $100,000,000 of 119-Day TVA
Power Notes, Dated May 29# 1969* Due Septeaber 25,
1 9 6 9 , May 19# 1969 - ..............................................................................
Results for Bidding for TVA Power Notes, May 27,
19 6 9 .......... ............... ............... ..........
Invitation for Bids on $90,000,000 of 126-Day TVA
Power Notes, Dated June 26, 1969 * Due October 30 ,
1 9 6 9 , June 1 6 , 1969 ................................................................................
Results of Bidding for TVA Power Notes, June 2k,
1969 ................. ................................................................ ............................... ..
Invitation for binds on $90,000,000 of 120-Day TVA
P ow er N o t e s , Dated July 31# 1969> Due
November 2d, 1969 # July 21, 1969 .....................
Results of Bidding for TVA Power Notes, July 29,
1 9 6 9 .......................... ........................................................................................
Invitation for Bids on $100,000,000 of 120-Day TVA
Power Notes, Dated August 28, 1969# Due
December 26 , 1969 , A u g u st 1 8 , 1969 ................ .
R e s u l t s 6 f B id d in g f o r TVA Power N o t e s , A u g u st 2 6 ,
1969» .................... ................... ...... .
I n v i t a t i o n f o r B id s on $90,000,000 o f 1 2 6 - Day TVA
P ow er N o t e s , D a ted S e p t e a b e r 25# 1969# Due
January 29# 1 9 7 0 , S e p te m b e r 15# 1 9 6 9 * ••.............
Results of Bidding for TVA Power Notes, September 23,
1 9 6 9 ....................................................
Invitation for Bids on $80,000,000 of 119-Day TVA
Power Notes, Dated October 30, 1969 # Due
February 26, 1970, October 20, 1 9 6 9 ........ .........
Results of Bidding for TVA Power Notes, October 28,
19 69 . ............. ............................ * ............ .............. .........................................
Invitation for Bids on $ 90 , 000,000 of 1 1 8 - Day TVA
Power Notes, Dated November 2 8 , 1969# Due
March 26 , 1970, November 17# 19 ^ 9 ....................
Results #f Bidding for TVA Power Notes, November 25#
1969 . .
................................................




a t6 2 7 7

at6292
a t6 2 9 2 a
a t 6303
a t 6 307
a t6 3 l3

at 6322
at633U

at 6 3 34
a t6 3 ^ 9 a

8t 6353
at6370
a t6 3 T ^
a t6 3 o6

at6396
at6fc0 1

atSkOti

at6422
st6 4 2 6 a

at6^36a

a t6 U 2

Index of Federal
Reserve Bank Circulars
Nos. 6269 - 6463

8

Circulr; r
No .

TENNESSEE VALLEY AUTHORITY (Continued)
Invitation for Binds on $100,000,000 of 125-Day TVA
Power Notes, Dated December 26 , 19&9, Due April 30 ,
1970 , December 15, 1 9 ° 9 ................................at
Results at Bidding for TVA Power Notes, December 23,
1 9 6 9 ................................... ............................ .. ............................... .................................. .. . a t 6 i - 5 6 a
TREASURY BILL OFFERIUGS
Weekly--issue date of bills (not date of circular)
January 1 6 , 1 9 6 9 ....................................... ...6270
January 23 , I 9 S 9 ....................................... ...6276
January 30 , 196 9 ....................................... ...6270
February 6 , 1 9 5 9 ................................. ......... 6281
February 1 3 , 1969...................................... ...6287
February 20 , 1969.............. ........ ............... ...6290
February 27 , 1 9 6 9...................................... ...6293
March 6 , 196 9 .................... ...................... ...6299
March 1 3 , 1969 .......................................... ...6301
March 20 , 196 9 .............................................6302
March 27, 196 9 .............................................6305
April 3 , 19 6 9 ........................................... ...6306
April 10, 1969.............................................6311
April 17, 1969 .............................................6317
April 2It, 1969 .......................................... ...6320
May 1, 1 9 6 9 ............................................. ...6323
May 8 , 1 9 6 9 ............................................. ...6326
May 15, 1 9 6 9 ............................................ ...6330
May 22, 1969............................................ ...6333
May 29, 1969............................................ ...633£
June 5, 1 9 6 9 ............................................ ...631*0
June 12, 1 9 6 9 *. ......................................... ...53^5
June 19, 1969........................................... ...6 3^9
June 26, 19 6 9 .............................................. 6350
July 3 , 1 9 6 9 ............................ ............... ...635 U
July 10, 1 9 6 9 ........................................... ...6359
July 17, 1 9 6 9 .. ................. ........................... 6 36l
July 2k, 1 9 6 9 ........................................... ...6 3S6
Treasury postpones closing time for receipt of
tenders for veekly bill offering, July 17, 1 9 6 9 ••••
6369
August 7, 1 9 6 9 ..... ........... ........................ ...6376
August 14, 1969 ............................................6331
August §£, ............................................. ... £3 >3
A u g « f 2 8 , 193 .9 . . ...................................... ...£|9*
September lit, 19 6 9 .....................................
September 11, 1969 .....................................
September El, ................................ *.....
September 25, 1969 ............ ........................
September 30, .......................................... ...f?°3
October ?, 1 9 6 9 ,
......... .
October 9, 19 & 9 ................ ...........................£413 _.,c
October 16, ............................................ ...6416; 641b
October 23, ........................................... .... 6k21




Index of Federal
Reserve Bank Circulars
Nos. 6269 - 6463

9

Circular
No.

TREASURY BILL OFFERINGS (Continued)
Weekly--issue date of bills (not date of circular)
October 30, 1 9 6 9 ............ ............................
ioveaiber 6 , 1969 ........... ........ ....... ..... .
November 13, 1 9 6 9 .............. *........ ...............
November 20 , 19 69 * • .................... .................
November 2 8 , 1 9 6 9 ••••............. ....... ......... .
December 4, 1969 .....................................
December 11, 19&9 ••••••••••••••• ...... .................
December 18, I 9 6 9 .......................................
December 26, 1969 • • • • •......................
January 2, 1) 70 .............. ......... ....... ........ .
January 8 , 1 97 0.......... ........ .......... .
TREASURY BILL OFFERINGS
Other than weekly (issue date of bills - not date of
Circular)
January 20, 1969 (154-day Tax Anticipation Series)....
January 31, 19^9 (273-day and 365- d a y ) ................
February 28, 1969 (273-day and 365- da y) ...............
Offering of $1,000,000,000 Strip of I onthly Bills.....
March 31. 1969 (275-day and 365-d a y ) ...................
Treasury Bill Offering of $1.8 Billion................
Offering of $1,800,000,000 Strip of Weekly B ills.....
April 30, 1969 (276-day and 365- d a y ) ..................
June 2, 1969 (271-day and 365- d a y ) .....................
June 30, 1969 (274-day and 365-day)....................
July lb, 1969 (157-day and 246-day Tax Aiticipation >
Series.. «•. • o....... .................... .............
July 31* 1969 (273-day and 365- d a y ) ....................
Offering of $2,100,000,000 Strip of Weekly Bills.....
September 2, 1969 (271-day and 365- d ay )..... .........
September 30 , 1969 (273-day and 365-d ay ) ..............
Offering of $2,000,000,000 190-day Tax A iticipatioa
Treasury B i l l s ...... ....... •••••••........
Offering of £3>°00,000,000 236 -day Tax Anticipation
Treasury Bills....*..... ........ ....... .............
October 31, 1969 (273-day and 365-day)................
Offering of Additional Amounts of April and June
Tax Anticipation Treasury Bills......................
November 19, 1969 (273-day and 365- da y) ...............
December 16, 1969 (273-day and 365- d a y ).... ....... .
TREASURY ISSUES (not bills)
Miscellaneous
Maximum Amounts of ..Deposits in Treasury Tax
and Loan Accounts, March 1 3 , 1969 ••••••••••• ........
Proposed Expansion of .3ook-Entry Procedure for
Treasury Securities, April 29, 1969* ••.... .........
Expansion of Book-Entry Procedure for Treasury
Securities, Sugust' I, 1 9 6 9 * * ........ ................




6423
6426
6430
61 35
6439
644 3
6447
6kkd
6450; 6451
545 6
6462

272;6277
6279)6283
6292; 6297
62 )6 ; 63 OO
63 ^6 ,
-631304
6307*6309
6323 ;6324
3338;634l
6352 ;6355

3 >0 ; 6362
6363
6 367 ;6374
6385 ;6393
6392; 3397
6403; 6410
64lp;64l9
0422;6425
6424;6427
6437;6441
6440;6444
6452;6457

6303
6325
329

Index of Federal
Reserve Bank Circulars
Nos. 6269 - 6463

10

TREASURY ISSUES (not bills) (Continued)
Notes
6 3/896 of C-1970 (exchange offering).... .........
6 l/4$ of A -1 97 6 (exchange offering)..............

Circular
No.

6284; 6285
6289 ; 629 *+

6 3/8 $ of D-1970 (exchange offering)..............
6 1/2# of B-1976 (exchange offering)..............

6327^6329
6331;6337

6 fi of C-I 969 (exchange offering)...................
7 3/4$ of D-1971 (exchange offering)..............

637756378
6382 ; 6387

8 # of E-1971 (exchange offering)...................
7 3A # of A-1973 (exchange offering).... .........
7 l/2& of C-I 976 (exchange offering)......... .

6404;6405
64o8;64ll
64l4;6420

TRUTH IN LENDING
New Regulation Z--Truth in Lending, Effective
July 1, 1969, February 1, 1969 .....................
6288
Regulation Z-Truth in Lending, March 19> 1969 *...... at6307
Interpretations of Regulation Z, April 3, 1969*.....
6314
Regulation Z--Truth in Lending, Proposed Guidelines
to Exempt State-Registered Credit-Disclosures
from Regulation Z, April 10, 19 6 9 ..................
63 I 8
6332
Interpretations of Regulation Z, May 13# X 9 6 9 .......
Interpretations of Regulation Z, May 15> X 9 69 ......
6334
Interpretations of Regulation Z, May 27, 19 & 9 •••••• • 6339
Interpretations of Regulation Z, June 11, 1969 ......
6348
Interpretations of Regulation Z, June 23> 1 9 6 9 .... .
6353
Supplement II to Regulation Z--Procedures and
Criteria for Exemption of State-Regulated
6365
Credit Transactions, July 15j 1969 ..............
Amendment to Regulation Z, Effective August 11,
I 969 , August 18, 19 6 9 ............ ................. .
6388
Interpretations of Regulation Z, August 19> 1969*•••
6389
Interpretations of Regulation Z, September 19>
1969 ...*........... ........ ....... *..... ....... ..
6406
Regulation Z--Amendment and Interpretation,
November 1, 1
9
&
9
• 6434
Proposed Amendment to Regulation Z— Retention
of Federal Civil Remedies in Cases Involving
Exempted State Regulated Transactions,
December 29> 1 9 6 9 .,...**..... .
6460
UNITED STATES SAVINGS BONDS
Treasury Secretary Kennedy proposes 5 Percent Rate
on Savings Bonds, July 14, 1969 ......... ..........
6^64
Series J Savings Bonds not Exchangeable for
Series H Savings Bonds After October 31 , 19o9>
October 15, I 969 ........... ........................ at642l
Revised Redemption Value Tables for December 1969
That Give Effect to Rate Increases on Series E
Bon3s, November 26 , I 9 6 9 ........................... at6442




Index of Federal
Reserve Bank Circulars
Nos. 6269 - 6463

11

VOLUNTARY FOREIGN CREDIT RESTRAINT PROGRAM
Revised 1 9 6 9 Guidelines for Banks and Nonbank
Financial Institutions under the President’s
Balance of Payments Program, April 4, 1 9 6 9 ........
Revised Guidelines for Banks and Nonbank
Financial Institutions Under -ttie President’s
Balance of Payments Program, Effective
December 1, 19&9, December 17, 19 6 9 .............. .




Circular
<T* 'Bq X l

6315

6453