View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL RESERVE BANK OF NEW YORK CIRCULARS
FOR THE YEARS 1955 - 1956
ON CERTAIN OPERATIONS AND ACTIVITIES INCLUDING THOSE
AS FISCAL AGENT Of TIE UNITED STATES

Circulars Nos. 4178 - 4404
(No Operating Circulars Included)

VOLUME 31

Index starts on next page

(A cumulative index of circulars issued during the years 1914-1945 (Nos. 1-3044)
is contained in Volume 22; indexes of circulars issued during the years 1946-54
(Nos. 3045—4177) are contained in volumes 22-30, respectively.)




Publications Division

INDEX OF CIRCULARS OF THE FEDERAL RESERVE BANK OF NEW YORK
For the Years 1955 - 1956
Circulars Nos. 4178 - 4404
VOLUME 31
Circular
No.
ANNUAL STATEMENT
Of this Bank for the year 1954 (fortieth), January 7, 1955 . . . . .
Of this Bank for the year 1955 (forty-first), January 6, 1956 . . . .
APPOINTMENTS
Henry C. Alexander, member of Federal Advisoiy Council for 1955 . . .
Adrian M. Massie, member of federal Advisory Council for 1956 . . . .
Adrian M. lassie, member of Federal Advisory Council for 195? . . . .

4182
4302
4181
4294
4397

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Administrative interpretations of Regulation F - Section 1?,
at 4340
April 1956 .................... . . . ......................
Regulation:
A - Revised effective February 15, 1955 . . . . . . . . . . . . . .
4190
D - Amendment effective May 16, 1955 . . . . . . . . . . . . . . .
4229
F - Amendment effective June 13, 1955 ............... ...............4238
Q - Amendment effective May 16, 1955 . . . . . . . . . . . . . . .
4229
Q - Supplement effective January 1, 1957 . . . . . . . . . . . . .
4394
T - Amendment Mo. 12, effective May 1, 1956 . . . . . . . . . . . .
4332
T - Supplement effective January 4, 1955 . . . . . . . . . . . . .
4179
T - Supplement effective April 23, 1955 . . . . . . . . . . . . . .
4221
U - Supplement effective January 4, 1955 .................... ......4179
U - Supplement effective April 23, 1955 . . . . . . . . . . . . . .
4221
Y - Effective September 1, 1956 . . . . . . . . . . . . . . . . . .
^362
Supplement to List of Stocks Registered on National Securities
Exchanges and of Redeemable Securities of Certain Investment
Companies, March 5, 1956 . . . . . . . . . . . . . . . . . . . , .
^316
CERTIFICATES OF INDEBTEDNESS (See TREASURY ISSUES)
CHECKS
Disrupted transportation and operations in First, Second and Third
Districts, August 22, 1955 . . . . . . . ............. . . . . .
Disrupted transportation and operations in First, Second and Third
Districts, October 17, 1955 ...................................
Disrupted transportation and operations in Northern California,
December 28, 1955 . * . . . . . ............... ........... . .
New form of Government check, buff-colored card checks will appear
b e g i n n i n g A u g u s t l , 1956 * * * * . . . . . . . . . . . . . . . . .

at 4276

CIRCULARS
Currently effective lists of our operating circulars and Board's
Regulations, January 11, 1955 . . . ........... . . . . . . . . .
Currently effective lists of our operating circulars and Board's
Regulations and lbvised Table of Contents to Board's Regulations,
January 10, 1956 .................................... . . . .

at 4183




at 4l6l

at 4299
4349

at 4302

Index of Federal
Reserve Bank
Circulars
Nos. 4178 -4404

-2-

Circular
No.

COIN
Paper currency and coin - Revision of Operating Circular No. 3,
April 4, 1956 . . ...........................................
COUNTERFEIT CURRENCY (MIMEOGRAPHED letters)
(v4) Dangerous counterfeit Federal Reserve Notes, June 8, 1956 . . .
(w4) New deceptive counterfeit Federal Reserve Notes, July 16, 1956 .

^325
at 4341
at 4349

CURRENCY
Missing mail pouch of new one dollar silver certificates, September
14, 1956 .................... ..............................
Paper currency and coin - Revision of Operating Circular Wo. 3,
April 4, 1956 . . . . . . . . . . ........................ . . .

ii369

^325

DAYLIGHT SAVING TIME

Beginning
Beginning
Return to
Return to

April 24, 1955 . * ................. . . . . . . . . .
April 29, 1956 . . . . . . . . . . . . . . . . . . . . . .
Standard Time, October 24, 1955 ............................
Standard Time, October 23, 1956 . . . . . . . . . . . . . .

DEPOSITS OF PUBLIC MONEYS
Change in grouping of Treasuiy Tax and Loan Depositaries, February
10 , 1 9 5 5 ...................................................
Change in grouping of Treasury Tax and Loan Depositaries, July 29,
1955 . ...................................................
Change in grouping of Treasury Tax and Loan Depositaries, Groups A
and B reclassified according to April 9, 1956 closing balances . .
Deposits of March tax collections in Treasury Tax and Loan Accounts,
February 24, 1955 . . . . . . . . . . . . . . . . . . . . . . . . .
Deposits of March tax collections in Treasury Tax and Loan Accounts,
February 21, 1956 . . ........... . ............... . . . . . .
Deposits of June tax collections in Treasury Tax and Loan Accounts,
May 26, 1955 . * * . . . . . . . . ............. . . ..........
Deposits of June tax collections in Treasury Tax and Loan Accounts,
May 22, 1956 . . . . .........................................
DIRECTORS
Appointment of, December 29, 1955 ................. .
Appointment of, December 27, 1956 . . . . . . . . . . . . . . . . . .
Appointment of (at Buffalo Branch), January 12, 1956 ........... .
Election of
September 23, 1955 ** nomination and election to choose successors
to the two directors, selected by Group 1, whose terms expire
December 31, 1955 ...................... . . . , . . . . . . .
October 28, 1955 *** Howard C. Sheperd, Clarence Francis nominated
by banks in Group 1 . . . . . . . . . . . . . . . . . . . . . . .
November 15, 1955 — Ibward C. Jheperd elected, Clarence Francis
reelected for three-year term beginning January 1, 1956 . . . . .
September 24, 1956 — nomination and election to choose successors
to the two directors, selected by Group 2, whose terms expire
December 31, 1956 . . . . . . . . . . . . . ........... .
October 29, 1956 — Charles
Bitzer, Lansing P. Shield nominated
by banks in Group 2 . ........... . . . .....................



4219
^330
4278
4379

M97

4257
4327
^203
4311
4235
4338
4300
4404
4304

^68
4280
4283

4371

Index of Federal
Reserve Bank
Circulars
Nos. 4178 - 4404

- 3-

Circular
No.

DIRECTORS (Continued)
November 14, 1956 - Charles
Bitzer elected, Lansing P. Shield
reelected for three-year terra beginning January 1, 1957 . . . . .
4386
President's Report to Directors for 1954* April 1$, 1955 . . . . . . at 4218
President's Report to Directors for 1955# March 29* 1956 ..........at 4323
DIRECTORY
Historical directory of the Banks of the State of New York, Cumulative
Supplement No. 5; Directoiyof New Jersey Banks, Cumulative
Supplement No. 6, both dated March 31, 1956 . . . . . . . . . . . .
at
Of this Bank, September 1, 1956 ...........
at

4353
4366

DISCOUNTS
Advances and Discounts - Revision of Operating Circular Mo. 12,
February 17* 1955 ..................................... .
Advances and Discounts - Revision of Regulation A, January 24* 1955 .

4200
4190

EGYPTIAN ASSETS CONTROL REGULATIONS (See FOREIGN EXCHANGE)
ELECTION OF DIRECTORS (See DIRECTORS)
FEDERAL FARM LOAN BONDS
Redemption of February 1 maturity - announcement of new offering,
January 4* 1955 . . . . . . . . . . . . . . . . . . . . . . . . . .
Redemption of May 1 maturity - offering of two new issues, April 6,
1956 .......................................... ...........
Redemption of September 14 maturity - offering of two new issues,
August 24, 1956 . . . . . . . . . . . . . . . . . . . . . . . . . .
FEDERAL NATIONAL MORTGAGE ASSOCIATION
Cash offering
2 1/2% FNMA Notes of Series ML-1958-A, dated January 20, 1955* due
January 20, 1958 ....................................... . .
15% probable allotment, January 12, 1955 . . . . . . . . . . .
Basis of allotment, January 14, 1955 . . . . . . . . . . . . .
Subscription books closed January 11, 1955 . . . . . . . . . .
Subscriptions and allotments, January 20, 1955 . . . . . . . .

4178
4326
4364

4183
4186
4187
4184
4189

FEDERAL RESERVE BOARD (See BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM)
FOREIGN EXCHANGE
Egyptian Assets Control Regulations
July 33., 1956 ....................................... .
August 3* 1956 .............................................
GOVERNMENTAL CORPORATIONS AND CREDIT AGENCIES OF THE UNITED STATES (See
FEDERAL FARM LOAN BONDS; FEDERAL NATIONAL MORTGAGE ASSOCIATION)




4354
4357

Index of Federal
Reserve Bank
Circulars
Nos* 10.78 - 1*1*0^

GOVERNMENT CHECKS (see

- 4 -

Circular
lo*

checks)

GOVERNMENT DEPOSITS (See DEPOSITS OF PUBLIC MONEYS)
MARGIN REQUIREMENTS (See BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,
Regulations T and U)

MEMBER BANKS
Insolvency and receivership of The Home National Bank of aienviUe,
Ellenviile, H« I., December 4, 1956 • • • • • • • • • • • « • • » •
at kj& h
Member bank call reports, reprint from February 1955 issue of Monthly
Review, February 8, 1955 • * • • • • • • • • • • • « • • * * » • •
at 1j195
New
First Bank and Trust Company, >adison, H .J ., April 15* 1955 • • • • at 4216a
State Baltic of Suffolk, M y Shore,
July 2, 1956 • • • • • • •
at 4344
Ellenviile Natianal Hank, ellenviile, M.Y., December 21, 1956 • • • at 4401
Central Bank and Trust Company, Great Meek, M.Y.,September 27, 1955
at 4268
Tappan Zee National Bank of ffyack, Hyack, N.I., April 27, 1955 • * at 4222
The astern National jank of ^lithtown, fmithtown, M.T., January
at 4303
11, 1956 . * ............. ............. . . . . . . . . . .
Operating ratios of member banks in the Second Federal %serve District
For the year 1954, March 15, 1955 • • • • • • • • • • • • • • • •
4208
For the year 1955, March 16, 1956 • • • • • • • • • • • • « • • •
4321
NOTES(see CURRENCY; COUNTERFEIT CURRENCY; TREASURY ISSUES)
OFFICERS
Thomas P. Howard, Special Representative, Bank Relations Department
died September 19, 1956 • • « • • • • • • • • • • • • • « • • • • •
Allan Sproul, President, resigns effective June 30, 1956 • • • « • •

at 4370
4333

REGULATIONS (s e e board of GOVERNORS of THE federal RESERVE SYSTEM)
RESERVES (SEE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,
Regulation D)
SECURITIES
General Regulations Governing United States Securities - Treasury
Department C ircu lar No. 300, Revised lay 20, 1955 • .............
STANDARD TIME (See DAYLIGHT SAVING TIME)
STATEMENTS (See ANNUAL STATEMENT)




4232

Index of Federal
Reserve Bank
Circulars
Nos. 4178 -4404

-5 -

Circular
No.

TREASURY TAX AND LOAN ACCOUNTS (See DEPOSITS OF PUBLIC MONEYS)
TREASURY BILL OFFERINGS
$1,500,000,000 91-day, January 6, 1955, maturing April 7, 1955 . . .
$1,500,000,000 91-day, January 13, 1955, maturing April 14, 1955 * .
$1,500,000,(XX) 91-day, January 20, 1955, maturing April 21, 1955 * .
$1,500,000,000 91-day, January 27, 1955, maturing April 28, 1955 * *
$1,500,000,000 91-day, February 3, 1955, maturing May 5, 1955 . . . *
$1,500,000,000 91-day, February 10, 1955, maturing May 12, 1955 . . .
$1,500,000,000 91-day, February 17, 1955, maturing May 19, 1955 . . .
$1,500,000,000 91-day, February 24, 1955, maturing May 26, 1955 . . .
$1,500,000,000 91-day, March 3, 1955, maturing June 2, 1955 .......
$1,500,000,000 91-day, March 10, 1955, maturing June 9, 1955 . . . .
$1,500,000,000 91-day, March 17, 1955, maturing June 16, 1955 . . . .
$1,500,000,(XX) 91-day, March 24, 1955, maturing June 23, 1955 . . . .
$1,500,000,000 91-day, March 31, 1955, maturing June 30, 1955 . . . .
$1,500,000,000 91-day, April 7, 1955, maturing July 7, 1955 . . . . .
$1,500,000,000 91-day, April 14, 1955, maturing July 14, 1955 . . . .
$1,500,000,000 91-day, April 21, 1955, maturing July 21, 1955 . . . .
$1,500,000,000 91-day, April 28, 1955, maturing July 28, 1955 . . . .
$1,500,000, (XX) 91-day, May 5, 1955# maturing August 4, 1955 . . . . .
$1,500,000,000 91-day, May 12, 1955, maturing August 11, 1955 . . . .
$1,500,000,000 91-day, May 19, 1955, maturing August 18, 1955 . . . .
$1,500,000,000 91-day, May 26, 1955, maturing August 25, 1955 . . . .
$1,500,000,000 91-day, June 2, 1955, maturing September 1, 1955 . . .
-Results of Ridding for Treasury bills dated May 26, 1955 . . . . . .
$1,500,000,000 91-day, June 9, 1955, maturing September 8, 1955 . . .
$1,500,000,000 91-day, June 16, 1955, maturing September 15, 1955 . .
$1,500,000,000 91-day, June 23, 1955, maturing September 22, 1955 . .
$1,500,000,000 91-day, June 30, 1955, maturing September 29, 1955 . .
$1,600,000,000 91-day, July 7, 1955, maturing October 6, 1955 . . . .
-Results of Bidding for Treasury bills dated June 30, 1955 . . . . .
$1,600,000,000 91-day, July 14, 1955, maturing October 13, 1955 . . .
$1,600,000, (XX) 91-day, July 21, 1955, maturing October 20, 1955 . . .
$1,600,000,000 91-day, July 28. 1955, maturing October 27, 1955 . . .
$1,600,000,000 91-day, August 4, 1955, maturing November 3, 1955 . .
$1,600,000,000 91-day, August 11, 1955, maturing November 10, 1955 .
$1,600,000,000 91-day, August 18, 1955, maturing November 17, 1955 .
$1,600,000,000 92-day, August 25, 1955, maturing November 25, 1955 .
$1,600,000,000 91-day, September 1, 1955, maturing December 1, 1955 .
$1,600,000,000 91-day, September 8, 1955, maturing December 8, 1955 .
-Results of Bidding for Treasury bills dated September 1, 1955 . . .
$1,600,000,000 91-day, September 15, 1955, maturing December 15, 1955
$1,600,000,000 91-day, September 22, 1955, maturing December 22, 1955
$1,600,000,000 91-day, September 29, 1955# maturing December 29, 1955
$1,600,000,000 91-day, October 6, 1955, maturing January 5, 1956 . .
$1,600,000,000 91-day, October 13, 1955, maturing January 12, 1956 .
$1,600,000,000 91-day, October 20, 1955, maturing January 19, 1956 .
$1,600,000,000 91-day, October 27, 1955, maturing January 26, 1956 .
$1,600,000,000 91-day, November 3, 1955, maturing February 2, 1956 .
$1,600,000,000 91-day, November 10, 1955, maturing February 9, 1956 .
$1,600,000,000 91-day, November 17, 1955, maturing February 16, 1956
$1,600,000,(XX) 90-day, November 25, 1955, maturing February 23, 1956




4l?6
4180
4185
4188
4191
4194
4196
4198
4202
4204
4207
4209
4212
4215
4217
4218
4220
4222
4225
4228
4231
4233
4234
4236
4237
4239
4240
4242
4243
4246
4248
4253
4256
4259
4260
4261
4262
4263
4264
4265
4266
4267
4269
4273
4276
4277
4279
4281
4282
4284

Index of Federal
Reserve Bank
Circulars
Nos. 4178 - 44o4

- 6 -

Circular
No.

TREASURY BILL OFFERINGS (Continued)
$1,600,000,000 91-day, December 1, 1955, maturing March 1, 1 9 % . . .
$1,600,000,000 91-day, December 8, 19$$, maturing March 8, 19$6 . . .
$1,$00,000,000 99-day bills "Tax Anticipation Series," dated December
1$, 19$$, maturing ?^arch 23, 19$6 . . . . . . . . . . . . . . . . .
$1,600,000,000 91-day, December 1$, 19$$, maturing March 1$, 1956 . .
-Results of Bidding for 99-day Treasury Bills, dated December 1$,
19$$, Tax Anticipation Series, December 9, 19$$ . . . . . . . . . .
$1 ,600,000,000 91-day, December 22, 19$$, maturing ^rch 22, 19$6 . .
$1,600,000,000 91-day, December 29, 19$$, maturing March 29, 1956 . .
-Results of Bidding for Treasury Bills dated December 22, 19$$ . . .
$1,600,000,000 91-day, January $, 19$6, maturing April $, 19$6 . . .
-Results of Bidding for Treasury Bills dated December 29, 19$$ . . .
$1,600,000,000 91-day, January 12, 19$6, maturing April 12, 19$6 . .
$1,600,000,000 91-day, January 19, 19$6, maturing April 19, 19$6 . .
$1,600,000,000 91-day, January 26, 19$6, maturing April 26, 19$6 . .
$1,600,000,000 91-day, February 2, 19$6, maturing May 3, 19$6 . . . .
$1,600,000,000 91-day, February 9, 19$6, maturing May 10, 19$6 . . .
§1,600,000,000 91-day, February 16, 19$6, maturing May 17, 19$6 . . .
-Results of Bidding for Treasury Bills dated February 9, 19$6 . . . .
$1,600,000,000 91-day, February 23, 1956, maturing May 24, 1956 . . .
$1,600,000,000 91-day, March 1, 19$6, maturing May 31, 19$6 . . . . .
$1,600,000,000 91-day, Search 8, 19$6, maturing June 7, 19$6 . . . . .
31,600,000,000 91-day, March 1$, 1956, maturing June 14, 19$6 . . . .
$1,600,000,000 91-day, March 22, 1956, maturing June 21, 1956 . . . .
$1,600,000,000 91-day, March 29, 1956, maturing June 28, 1956 . . . .
al,600, 000, 000 91-day, April $, 19$6, maturing July $, 1956 . . . . .
$1,600,000,000 91-day, April 12, 1956, maturing July 12, 19$6 . . . .
$1,600,000,000 91-day, April 19, 19$6, maturing July 19, 19$6 . . . .
$1,600,000,000 91-day, April 26, 19$6, maturing July 26, 1956 . . . .
$1,600,000,000 91-day, May 3, 19$6, maturing August 2, 1956 . . . . .
$1,600,000,000 91-day, May 10, 1956, maturing August 9, 19$6 . . . .
$1,600,000,000 91-day, May 17, 19$6, maturing August 16, 19$6 . . . .
$1,600,000,000 91-day, May 24, 19$6, maturing August 23, 19$6 . . . .
$1,600,000,000 91-day, May 31, 19$6, maturing August 30, 1956 . . . .
$1,600,000,000 91-day, June 7, 19$6, maturing September 6, 1956 . . .
$1,600,000,000 91-day, June 14, 19$6, maturing September 13, 19$6 . .
$1,600,000,000 91-day, June 21, 19$6, maturing September 20, 1956 . .
^1,600,000,000 91-day, June 28, 1956, maturing September 27, 19$6 . .
$1,600,000,000 91-day, July $, 1956, maturing October 4, 1956 . . . .
$1,600,000,000 91-day, July 12, 1956, maturing October 11, 19$6 . . .
$1,600,000,000 91-day, July 19, 1956, maturing October 18, 1956 . . .
$1,600,000,(XX) 91-day, July 26, 19$6, maturing October 2$, 1956 . . .
$1,600,000,000 91-day, August 2, 1956, maturing November 1, 19$6 . .
$1,600,000,000 91-day, August 9, 1956, maturing November 8, 1956 . .
$1,600,000,000 91-day, August 16, 19$6, maturing November 1$, 19$6 .
$1,600,000,000 92-day, August 23, 19$6, maturing November 23, 19$6 .
$1,600,000,000 91-day, August 30, 19$6, maturing November 29, 1956 .
$1,600,000,000 91-day, September 6, 1956, maturing December 6, 1956 .
-Results of Bidding for Treasury Bills dated August 30, 19$6 . . . .
$1,600,000,000 91-day, September 13, 19$6, maturing December 13, 1956
$1,600,000,000 91-day, September 20, 1956, maturing December 20, 1956
$1,600,000,000 91-day, September 27, 1956, maturing December 27, 19$6
$1,600,000,000 91-day, October 4, 1956, maturing January 3, 1957 . .



428$
4287
4290
4291
4293
429$
4296
4297
4298
4299
4301
4303
430$
4306
4307
4308
4309
4310
4312
4313
4317
4319
4322
4323
4324
4328
4329
4331
4334
433$
4337
4339
4340
4341
4342
4343
4344
434$
4346
43$0
4352
435$
43$8
4361
4363
436$
4366
4367
4368
4370
4372

Index of Federal
Reserve Bank
Circulars
Nos. 4178- 4404

Circular

-7 -

TREASURY BILL OFFERINGS (Continued)
$1,600,000,000 <?l-day, October 11, 19%, maturing January 10, 1957 .
-Special cash offering of 91-day Treasury bills, October 4, 1 9 % . .
-Special cash offering of $1,600,000,000 of 91-day Treasury bills
dated October 17, 19%, maturing January 16, 1957 . .
...
..
$1,600,000,000 91-day, October 18, 19%, maturing January 17, 1957 .
-Results of bidding on special cash offering of 91-day Treasury
Bills, October 11, 1 9 % ......................................
$1,600,000,000 91-day, October 2$, 19%, maturing January 24, 1957 .
$1,600,000,000 91-day, November 1, 19%, maturing January 31, 1957 .
$1,600,000,000 91-day, November 8, 1956, maturing February 7, 1957 .
$1,600,000,000 91-day, November 15, 1956, maturing February lb., 1957.
-Results of bidding for Treasury bills dated November 8, 1956 . . . .
-Special cash offering of $1,750,000,000 of 91-day Treasury bills
dated November 16, 1956, maturing February 15, 1957 . . . . . . . .
$1,600,000,000 90-day, November 23, 19%, maturing February 21, 1957 .
-Resulbs of bidding on special cash offering of 91-day Treasury
Bills, November 14, 1956 ....... . . . . . . . . . . . . . . . .
$1,600,000,000 91-day, November 29, 1956, maturing February 28, 1957.
$1,600,000,000 91-day, December 6, 1956, maturing March 7, 1957 . . .
$1,600,000,000 91-day, December 13, 1956, maturing March 14, 1957 . .
$1,000,000,000 95-day bills "Tax Anticipation Series," dated
December 17, 1956, maturing March 22, 1957 . . . . . . . . . . . .
$1,600,000,000 91-day, December 20, 1956, maturing March 21, 1957 . .
-Results of bidding for 95-day Treasury Bills, dated December 17,
19%, "Tax Anticipation Series," December 13, 1956 . . . . . . . . .
$1,600,000,000 91-day, December 27, 1956, maturing March 28, 1957 . .
-Results of bidding for Treasury bills dated December 20, 1956 . . .
$1,600,000,000 91-day, January 3, 1957, maturing April 4, 1957 . . .
-Results of bidding for Treasury bills dated December 27, 1956 . . .
TREASURY ISSUES
Cash Offerings
1 3/8% Tax Anticipation Certificates of Indebtedness of Series
F-1955 dated April 1, 1955, due June 22, 1955 ......... .
Amounts of subscriptions, March 24, 1955 . . . . . . . . . . .
Basis of allotment, March 25, 1955 . . . . . . . . . . . . . .
Amounts of subscriptions and allotments, March 31, 1955 . . . .
1 7/8% Tax anticipation Certificates of Indebtedness of Series
A-1956, 3% Bonds of 1995, additional issue ........... .
Basis of allotment - 1 7/8% Tax Anticipation Certificates,
July 12, 1955 .............................. .
Basis of allotment - 3% Bonds of 1995, additional issue,
July 14, 1955 ..........................................
Amounts of subscriptions and allotments - 1 7/8% Tax Anticipa­
tion Certificates, July 19, 1955 . . . . . . . . . . . . . .
Amounts of subscriptions and allotments - 3% Bonds of 1995,
additional issue, July 20, 1955 ..................... .
2 1/4% Tax Anticipation Certificates of Indebtedness of Series
C-1956 dated October 11, 1955, due June 22, 1956 . . . . . . . .
Amounts of subscriptions, October 5, 1955 . . . . . . . . . . .
Basis of allotment, October 6, 1955 . . . . . . . . . . . . . .
Amounts of subscriptions and allotments, October 10, 1955 . . .



No.

4373
4374
4375
1*376
4377
4378
4380
4382
4383
4384
4385
4388
4387
4390
4392
4395
4396
4398
4399
4400
4401
4402
4403

4211
4213
4214
4216
4245
4247
4249
4252
4254
4271
4272
4274
4275

Index of Federal
Reserve Bank
Circulars
Nos. 4178 - 4404

- 8 -

Circular
No.

TREASURY ISSUES (Continued)
Cash Offerings (Continued)
2 3/4% Tax Anticipation Certificates of Indebtedness of Series
43%
8-1957 dated August 1$, 19%, due March 22, 1 9 % ......... .
Amounts of subscriptions and basis of allotment, August 8, 1 9 %
4^9
Amounts of subscriptions and allotments, August 14, 1 9 % . . .
4360
Cash and Exchange Offerings
2% Notes of Series 3-19% for cash and in exchange for 1 1/8%
Certificates of Indebtedness maturing May 17, 1955. . . . . . . .
4224
Probable basis of allotment, May 5, 1955 . . . . . . . . . . .
4226
62% allotment confirmed, May 6, 1955 . . . . . . . . . . . . .
422?
Amounts of subscriptions and allotments, May 12, 1955 . . . . .
4230
Exchange Offerings
2 7/8% Bonds of 1955-60 called March 15, 1955 exchangeable for 3%
Bonds of 1995, or 1 5/8% Notes maturing March 15, 1956 - 1 5/8%
Certificates of Indebtedness maturing February 15, 1955, arid 1 1/2%
Notes maturing March 15, 1955 exchangeable for 1 5/8% Notes
maturing March 15, 1956, or 2% Notes maturing August 15, 1957 . .
4193
Tabulation of subscriptions, February 8, 1955 ...............
4195
Final tabulation of subscriptions, February 16, 1955 . . . . .
4199
2% Tax Anticipation Certificates of Indebtedness of Series B—1956,
or 2% Notes of Series B-1956, additional issue, in exchange for
1 1/8% Certificates of Indebtedness of Series D-1955 . . . . . .
4251
Amount of maturing certificates exchanged, July 26, 1955 . . .
4255
Final results, July 29, 1955. . . . . . . . . . . . . . . . . .
4258
2 5/8% Certificates of Indebtedness of Series D-1956, or 2 7/8%
Motes of Series A-1958 in exchange for 1 1/4% Certificates of
Indebtedness of Series K-1955, or 1 3/4% Notes of Series B-1955 .
4286
Preliminary figures of maturing securities exchanged,
4288
December 2, 1955........................... ...........
Final results, December 7, 1955 . . . . . . . . . . . . . . . .
4292
2 5/8% Certificates of Indebtedness of Series A-1957, or 2 7/8%
Notes of Series A-1958, additional issue, offered in exchange for
1 5/8% Notes of Series A-19% - 2 5/8% Certificates of Indebted­
ness of Series A-1957 offered in exchange for 1 1/2% Motes of
Series EA-1956 ................................. .
433-5
Preliminary figures on exchanges of maturing issues, March 9,
1956 ............................... .................
4318
Final results, March 14, 1956 . . . . . . . . . . . . . . . . .
4320
2 3/4% Notes of Series D-1957 offered in exchange for 2% Motes of
Series B-1956 or 1 1/2% Notes of Series E0-19% . . . . . . . . .
4348
Preliminary figures on exchanges of maturing issues, July 20,
1956 .................................................
4351
Final results, July 25, 1956 . . . . . . . . . . . . . . . . .
4353
3 1/4% Tax Anticipation Certificates of Indebtedness of Series
C-1957 or 3 1/4% Certificates of Indebtedness of Series D-1957 in
exchange for 2 5/8% Certificates of Indebtedness of Series D-1956
4389
Preliminary figures on exchange of maturing certificates,
November 26, 1956 . . . . . . . . . . . . . . . . . . . . . .
4391
Final results, November 29, 1 9 % . . . . . . . . . . . . . . .
4393
Notice of call for redemption - 2 3/4% Bonds of 1956-59, ^ y 14, 1956
4336
Treasury financing
January 27, 1955 ...................... ............. ........... 4192
March 16, 1955 . . . . . . . . . ....... . . . . . . . . . . . .
4210
April 28, 1955 ......... ................................... ..... 4223



Index of Federal
Reserve Bank
Circulars
Nos. 4178 - 4404

-9-

Circular
No.

TREASURY ISSUES (Continued)
Treasury financing (Continued)
June 27, 1955. . . ................ ... . . . ....................4241
July 5, 1955 . . * . . . ............* ...........................4244
4250
Julyl8, 1 9 % . * ....... * . * . * * * . * * . * * * * * * * * *
September 29, 1955 * * * * * * * * * * * * * * * * * * * * * * * *
4270
?%archl, 1956 . . . . . . . . . . . . * . + . . . + . . . . . . . +
4314
July 12, 1956 ......................... .................... ..... 4347
TRUST POWERS OF NATIONAL BANKS (See BOARD OF GOVERNORS, Regulation F)
UNITED STATES SAVINGS BONDS
Chain-letter scheme using Savings Bonds, February 23, 1955 . . . . *
Savings bonds not accepted for safekeeping after March 31, 1955 . . .
United States Savings Bonds, Series E, Instructions to Issuing Agents,
Revision of Operating Circular Wo. 20, March 3, 1955 . . . . . . .




4201
4206
4205