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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