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Vr&t*. Hr »& ,»Í|3P<' liM LIBRARY POOM 5030 JUN 141972 TREASURY DEPARTMENT fjJldA- 3i / 2 x u it < o < - -to $¿' : t - 5 7 X - E-Drugs Dr. Small’ s studies which led to discoveiy of the drugs were made possible by an allocation of $50,000 a year made by the Rockefeller Foundation to the National Research Council. The Council organized a special 6oramittee^J9rug Addiction under the chairmanship of DrWm JCharles White^ fox„M many years aHsivo i n the, lllg'1QTOhg&ak The special committee has worked in close cooperation with the U. S. Public Health Service in its endeavor to. find and develop non-habit forming substitutes for morphine and its derivfi^ies. Dr. Small who is a member of the faculty ofjshe University O r^iJtAA Ut $ of Virginia, Charlottesville, Va., was mii^xluuad. to the Secretary by Dr. Thomas Parran, Surgeon General, U.S.Public Health Service. Attending the fohmal presentation sffxtfr» ceremony were: Miss Josephine Roche, Assistant Secretary of the Treasury; Dr. Walter H. Treadway, chief, Division of Mental Hygiene, Public Health Service; Dr. 'Gfrayles White, t t ee on fjrug National Research Council; Stuart Fuller, Assistant Chief, Division fState Departmentp of Far Eastern AffairsV"*^ Ijg S f t John F. Mothershead, in cbrarge of patent litiga tio n in the Department of Justice.5 and Alfred L. Tennyson, chief counsel, Bureau_9 f Narcotics. r" 7 - 0 I , / 7 J Cp Secretary of the Treasury Henry Morgenthau J r ., today received from Dr. Lyndon F. Small, consultant of the U.S.Public Health Service, an assignment to the United States Government of the patent rights upon three^drugs tUab tmu 1rr-1iiP"T:at^pryx.»f morphine derivflUfies, control of which may have an important bearing upon the problem of narcotic drug addiction. 111 J^n »* Dr. Small obtained a&^iaa&eaiion covering these drugs after they were developed in the course of experimental investigations oovorMft^ the past seven years, seeking to f i nd certain substitutes for morphine. These particular drugs are ethers of morphine and its dihydrogenated derivative, dihydromorphine. The names of the drugs are: ether; 1 - Morphine alcoholic ethyl 2 - Dihydromorphine alcoholic^Methyl ether; 5 - Dihydromorphine alcoholic-ethyl ether. If ¡¡¡1 y/vt Vvtu. ^ These drugs, Dr. Sm^.11 believeSjaap^superiorniT owrtnln nesp&ete to morphine and i t is possible that they may replace v morphine, or its previously known derivffltxes, in pharmaceutical preparations and in medical ,1ppl i rntn mil Clinical studies to establish«* definitely the extent of possible value to mankind of these drugs, as well as the elements of danger they may have i f wrongfully used, are being continued under the direction of Dr. Small. Whatever the outcome of these scien tific investigations, the possession by the Government of the absolute ri^ghts over the three drugs^will be greatly in the public interest. Tho Council organized a special Committee on Drug Addiction under the chair manship of Dr. William Charles White. The special committee has worked in close cooperation with the U.S. Public Health Service in its endeavor to find and develop non-habit forming substitutes for morphine and its derivatives. Dr. Small whii is a member of the faculty of the University of Virginia, Charlottesville, Va., was presented to the Secretary by Dr, Thomas Parran, Surgeon General, U.S. Public Health Service. ..Attending the formal presentation ceremony were'? Miss Josephine Roche, Assistant Secretary of the Treasury; Dr, Walter H, Treadway, chief, Division of Mental Hygiene, Public Health Service; Dr. White, National Research Council; Stuart Puller, Assistant Chief, Division of Far Eastern Affairs, State Department; John F. Mothershead, in charge of patent litigation in the Department of Justice; and Alfred L. Tennyson, chief counsel, Bureau of Narcotics. 00O 00 o TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Tuesday, December 1, 1936 Press Service No. 9-0 Secretary of the Treasury Henry Morgenthau, Jr., today received from Dr. Lyndon F. Small, Consultant of the U.S. Public Health Service, an assignment to the United States Government of the patent rights upon three narcotic drugs, morphine deriva tives, control of which may have an important hearing upon the problem of narcotic drug addiction. Dr* Small obtained patents covering these drugs after they were developed in the course of experimental investigations during the past seven years, seeking to find certain substitutes for morphine. These particular drugs are ethers of mor phine and its dihydrogenated derivative, dihydroraorphine. The names of the drugs are: 1. Morphine alcoholic ethyl ether; 2. Dihydromorphine alcoholic ethyl ether; 3. Dihydromorphine alcoholic methyl ether. . These drugs, Dr. Small believes,may be superior for some medical uses to mor phine and it is possible that they may replace morphine, or its previously known derivatives, in pharmaceutical preparations and in medical practice. Clinical studies to establish definitely the extent of the possible value to mankind of these drugs, as well as the elements of danger they may have if wrongfully used, are being continued under the direction of Dr. Small. Whatever the outcome of these scientific investigations, the possession by the Government of the absolute rights over the three drugs will be greatly in the public interest. Dr. Smalls studies which led to discovery of the drugs were made possible by an allocation of $50,000 a year made b y the Rockefeller Foundation to the National Research Council. - 2- District He* 12 — Minnesota, North Dakota, Soi.'th Dakota , Iowa, Nebraska, St. Paul, Minnesota; Charles Mazey (transferred from Indianapolis). District No. 13 - Colorado, New Mexico, Wyoming, Utah, Arizona; Denver, Colorado; Howland K. Goddard. District No. 14 - California, Nevada, Hawaii; San Francisco, California; Thomas B. Foster. District No. 15 - Washington, Oregon, Idaho, Montana, Alaska; Seattle, Washington; William R. Jarrell. All cities to which agents in charge are now assigned will continue to have such representation, under the new organization plan. Agents in charge in each district will report to the supervising agent of the district. With the exception of Mr. Andrews in District No, 7, each acting supervising agent has been an agent in charge. © Mr. Andrews has been in charge of a sub-district. ooOoo FOR IMMEDIATE RELEASE, Tuesday, December 1, 1936. Press Service No.- 9-1 Frank J. Wilson, Acting Assistant Chief of the Secret Service, announces that effective today fifteen supervisory districts have been established for United States Secret Service operations. The districts, and the area, location of headquarters and the acting super vising agent of each are as follows: District No, 1 - Maine, Vermont, New Hampshire, Massachusetts; Connecticut and Rhode Island; Boston; Harry L. Barker. District No. 2 - New York, Puerto Rico; New York City; William H. Houghton. District No.. 3 - Pennsylvania; Philadelphia; William A. Landvoigt. District No. 4 — New Jersey, Delaware; Newark, New Jersey; James J. Maloney (transferred from Buffalo, New York.) District No. 5 - Maryland, District of Columbia, Virginia, West Virginia, North Carolina; Baltimore, Maryland; Harry Cooper (transferred from ©maha). District No. 6 — South Carolina, Georgia, Florida, Alabama; Atlanta, Georgia; John Marsh (transferred from Memphis). District No. 7 - Kentucky, Tennessee; libt&i¿yille, Ky. Alonzo A. Andrews ■ - (tra&Sferred from Nashville). District No. 8 - Ohio, Michigan; Detroit, Michigan; George F. Boos. District No. 9 - Wisconsin, Illinois, Indiana; Chicago, Illinois; Thomas J. Callaghan. District No. 10 - Mississippi, Louisiana, Texas; New Orleans, Louisiana; Forrest V. Sorrels (transferred from Dallas). District No. 11 - Missouri, Kansas, Oklahoma, Arkansas; Kansas City, Missouri; William H, Davenport, Press Service n° I FOR IMMEDIATE RELEASE 12/1/56 Frank J. Wilson, Acting Assistant Chief of the Secret Service, announces that effective today fifteen supervisory d istricts have been established for United States Secret Service operations. The districts,^area, location of headquarters and the acting supervising agent of each are as follows: District No. 1 - Maine, Vermont, New Hampshire, Massachusetts; Connecticut and Rhode Island; Boston; Harry L. Barker. D istrict No. £ - New York, Puerto Rico; New York City; William H. Houghton. D istrict No. 5 - Pennsylvania; Philadelphia; William A. Land- vo igt. District No. 4 - New Jersey, Delaware; Newark, New Jersey; James J. Maloney (transferred from Buffalo, New York.) D istrict No. 5 - Maryland, D istrict of Columbia, Virginia, West Virginia, North Carolina; Baltimore, Maryland; Harry Cooper (trans ferred from Omaha). D istrict No. 6 - South Carolina, Georgia, Florida, Alabama; Atlanta, Georgia; John Marsh (transferred from MotrmViT«K District No! 7 - Kentucky, Tennessee; Elohzo A. Andrews (transferred from Nashville). District No. 8 - Ohio, Michigan; Detroit, Michigan; George F.Boos. D istrict No. 9 - Wisconsin, Illin o is, Indiana; Chicago, Illin ois; Thomas J . Callaghan. - 2 - District No. 10 - Mississippi, Louisiana, Texas; New Orleans, Louisiana; Forrest V. Sorrels (transferred from Dallas). District No. 11 - Missouri, Kansas, Oklahoma, Arkansas; Kansas City, Missouri; William H. Davenport. District No. 12 - Minnesota, North Dakota, South Dakota, Iowa, Nebraska; St. Paul, Minnesota; Charles Mazey (transferred from WlBBi K Indianapolis. District No. 13 - Colorado, New Mexico, Wyoming, Utah, Arizona; Denver, Colorado; Howland K. Goddard. District No. 14 - California, Nevada, Hawaii; San Faoncisco, California; Thomas B. Foster District No. 15 - ?iashington, Oregon, Idaho, Montana, Alaska; Seattle, Washington; William R. Jarrell. All cities to which agents-in charge are now assigned will continue to have such representation, under the new organization plan. Agents in charge in each district will, report to the supervising agent of the district. Offices/5f Acting Supervis^in^4 ^ nt s ^ ^ ^ % at present Secret Service \a»^ions^i»^ach oiw*! %ileheadquarters cities^ /\ v ¡«.j / '4'T’’ *""" /L 7T r, — (? K jM t m. t 5». m I'V’ U-'L,S 0 § -m \. jill cities to which agent \lnf,b trge are now assigned will continue to have such representation, under the new organization plan* \/s / I r f . "i 'llm il l " iLifaUiiiiHf1t'l'l r' ,i1 1 III IIIU "udtdd l'iIud " lll. . . . ^ w ' — ,ra ■ ■ ■ ■ "* * + ^ ^ .- L n p ... „ | -— b sen i i l l e d J k ^ ^ k f a f c the supervising agent of th e d i s t r i c t . Offices of Acting, Supervising Agents will he at present Secret Service locations in each of the headts uarters c ities. e TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Tuesday, December 1, 1936. Press Service No. 9-1 Frank J. Wilson, Acting Assistant Chief of the Secret Service, announces that effective today fifteen supervisory districts have been established for United States Secret Service operations The districts, and the area, location of headquarters and the acting super vising agent of each are as follows: District No. 1 - Maine, Vermont, New Hampshire, Massachusetts; Connecticut and Rhode Island; Boston; Harry L. Barker. District No. 2 - New York, Puerto Rico; New York City; William H. Houghton. District No. 3 - Pennsylvania; Philadelphia; William A. Landvoigt. District No. 4 — New Jersey, Delaware ; Newark, New Jersey; James J. Maloney (transferred from Buffalo, New York.) ■District No. 5 - Maryland, District of Columbia, Virginia, West Virginia, North Carolina; Baltimore, Maryland; Harry Cooper (transferred from Omaha). District No. 6 - South Carolina, Georgia, Florida, Alabama; Atlanta, Georgia; John Marsh (transferred from Memphis). District No. 7 - Kentucky, Tennessee; iiO&iêti!.! District No. 9 - Wisconsin, Illinois, Indiana; Chicago, Illinois; Thomas J Callaghan District No. 10 - Mississippi, Louisiana, Texas; New Orleans, Louisiana; Forrest V. Sorrels (transferred from Dallas). William H. Davenport -2District N*. 12 - Minnesota, North Dakota, Sonth Dakota , Iowa, Nebraska; St. Paul, Minnesota; Charles Mazey (transferred from Indianapolis). District No. 13 - Colorado, New Mexico, Wyoming, Utah, Arizona; Denver, Colorado; Howland K. Goddard. District No. 14 - California, Nevada, Hawaii; San Francisco, California; Thomas B. Foster. District No. 15 - Washington, ©regon, Idaho, Montana, Alaska; Seattle, Washington; William R. Jarrell. All cities to which agents in charge are now assigned will continue to have such representation, under the new organization plan. Agents in Change in each district will report to the■supervising agent of the district. With the exception of Mr. Andrews in District No. 7, each acting supervising agtnt has been an agent in charge. Mr. Andrews has been in charge of a sub-district* ooOoo ^JHorrison Shafroth, of Denver, recently appointed "by Genreiary o ^ ^ o ^ ^ ^ ^ $ ^ ^ r 'gonthg.a to be Assistant General Counsel for the Bureau of Internal Revenue, today took the oath of office# ^worn Arthur H. Kent , of Chicago, also wasSsaxa into office as Assistant General Counsel of the Treasury Department. Mr. Kent previously has served as Acting Assistant General Counsel for the Bureau of Internal Revenue. Secretary Morgenthau gave Mr. Shafroth and Mr. Kent their commissions in the presence of an assembled^ Aaip of in the legal division of the Department . their associates TREASURY DEPARTMENT Washington EOR IMMEDIATE RELEASE Tuesday, December 1, 1936. Press Service Uo* 9 — 2 Morrison Shafroth, of Denver, recently appointed by the President to be Assistant General Counsel for the Bureau of Internal Revenue, today took the oath of office and entered upon his duties. Arthur H. Kent, of Chicago, also was sworn into office as Assistant Gen eral Counsel of the Treasury Department. Mr. Kent previously has served as Acting Assistant General Counsel for the Bureau of Internal Revenue. Secretary Morgenthau gave Mr. Shafroth and Mr. Kent their commissions in the presence of an assembled group of their associates in the legal division of the Department. — oOo— <*Q-~ /I g*ù, «. /LjSJ<C~g~ ¿ Ä - v Z -ß -^ f i i k ^ . 6, f f The material in the accompanying release on "Statistics on distilled Spirits and Rectified Spirits and Wines” deals only v1th products of domestic Ì? distilleries• !% e inclus* on of tax paid pr oduc t s of industrial alcohol plants and of imported spirits indicates that a of 110,186,311 taxsf o i e gallons of spirits were released_ for consumption as tax paid during the fiscal year 1936. “41 is represents an increase of 33 ,5 p e r cent over the fiscal year 193iT7** In summarized form this comparison is as follow (Taxable Gallons) • F is c a l : ! Year : : 1935 • Domestic ta x -p a id withdrawals: Produced a t d i s t i l l e r i e s Produced a t In d u stria l alcohoi p la n ts T o tal domestic Imports f o r consumption T o ta l domestic and imported 58,083,021 16.990.972 75,073,993 7.V0.339 S2.5W.332 F is c a l Year 1936 . 76.330,52^ : : : Percent Increase 31 . 1$ 2^,052,532 100, 333,056 9.803,255 110 , 186,311 33-7f 31. 2w 33^5f during the first four months of the current fiscal W\ year the increasef consumption of tax paid liquor has continued,at a slightly decelerated rate^ of the statistics from domestic A combination distilleries with those from industrial alcohol plants and imports indicates that in the period from Inly 1 to October 31, inclusive, there have been 43,179,656 taxable gallons of spirits released for consumption, an increase of 37.8 per cent ilftl Cs-u A a. -|^n } jUrv ^«AAwO$( \av C&Jt as shown in the following summarised statement: Domestic tax-paid withdrawals: Produced at distilleries Produced at Industrial alcohol plants Total domestic Imports for consumption Total domestic and imported ' 2 3 .6i8 .H3 it 27,722.500 17.H# 7.82*5.799 10.620.05U 3 8 .3 ^ : 5 5 5 35-Jj 21.95 3 i . W t .233 2.553,756 33.797.989 >£31402 > H3,1 7 9 .65« m A 27.85 » * should accompany the subscription* In the ease of Treasury Notes of Scries 0-1937 tendered in payment, coupons dated February 15, 1937, mist be attached to the notes when surrendered, and accrued Interest from August 15, 1936, to December 15, 1936, (#9*94565 per #1,000), will be paid following acceptance of the notes* V. OmtSML PROVISIONS 1* as fiscal agents of the United States, Federal Reserve banks are \ authorised and requested to receive subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of the Treasury to the Federal Re serve banks of the respective districts, to issue allotment notices, to receive pay ment for notes allotted, to make delivery of notes on tall-paid subscriptions allotta and they may issue Interim receipts pending delivery of tho definitive notes* £* The Secretary of the Treasury may at any tims, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offer ing, which will be oommmieated promptly to the Federal Reserve banks* HSSRT MOROENTHAU, JR., Secretary of tha Treasury - 2 - in payment of income ami profits taxes payable at the maturity of the notes. 4. The notes will be acceptable to secure deposits of public moneys, but will not bear the circulation privilege. 5. Bearer notes with interest coupons attached will be issued in denomina tions of #100, #500, #1,000, #5,000, #10,000 and #100,000. The notes will not bs Issued is registered form. .2 XXX. 1. SUBSCRIPT!OH AHD ¿LL0TIOTT •*« * * * * * b. » . . I « * .* »nd at the Treasury Department, Washington» Banking institutions generally may sub mit subscriptions for account of customers, but only the Federal Reserve banks and the Treasury Department are authorised t© act as official agen d a s » The Secretary of the Treasury reserves the right to close the books as to any or all subscriptions or classes of subscriptions at any time without notice* 2. The Secretary of the Treasury reserves the right to reject any subscrip tion, in whole or in part, to allot less than the amount of notes applied for, to Make allotments in full upon applications for smaller amounts and to make reduced allotments upon, or to reject, applications for larger amounts, or to adopt any or all of said methods or such other methods of allotment and classification of allot ments as shall be deemed by him to be in the pub lie interest % and his action in any or all of these respects shall be final* tions will be allotted in full. Subject to these reservations, all subscrip Allotment notices will be sent out promptly upon allotment* XT* 1* FAXMSST W Payment at par for notes allotted hereunder must be made or completed on or before December 15, 1956, or on later allotment, and may be made only in Treasury Rotes of Series B-1936, maturing December 15, 1956, or in Treasury Rotes of Series 0-1959, maturing February 15, 193?, which will be accepted at par, and ^ UNITED STATES Of AMERICA 1-1/4 PERCENT TREASURY HOTES OF SERIES C-1941 Due December 15, 1941 Dated and bearing Interest from December 15, 1936 Interest payable June 15 and December 15 TREASURY DEPARTMENT, Office of the Secretary, Washington, December 7, 1936 1936 Department Circular Ho* 573 Public Debt Service I. OFFERING OF HOTES 1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, approved September 24, 1917, ae amended, invites subscriptions, at par, from the people of the United States for 1-1/4 percent notes of the United States, designated Treasury Notes of Series 0-1941, in payment of which only Treasury Notes of Series B-1936, maturing December 15, 1936, or Treasury Rotes of Series C-1957, maturing February 15, 1937, may be tendered. The amount of the offering under this circular will be limited to the amount of Treasury Rotes of Series B-1936 and of Series 0-1937 tendered and accepted. II. DESCRIPTION OF ROTES 1. The notes will be dated December 13, 1936, and will bear Interest from that date at the rate of 1-1/4 percent per annum, payable semiannually on June 15 and December 15 In each year. They will mature December 15, 1941, and will not be subject to call for redemption prior to maturity. £• The notes shall be exempt, both as to principal and interest, from all taxation (except estate or inheritance taxes, or gift taxes) now or hereafter im posed by the United States, any State, or any of the possessions of the United States, or by any local taxing authority. 3. The notes will be aeeepted at par during such time and under such rules and regulations as shall be prescribed or approved by the Secretary of the Treasury f —4— a p p lic a tio n up to 10 percent o f the amount o f bonds applied f o r s h a ll, upon d e cla ra tio n wads by th© S c r o t a r y o f the Treasury in h is d is c r e tio n , be fo r fe ite d to the Whited States# in y q u a lifie d d ep o sitary w i l l be p ersd tted to mice payment by c r e d it f o r bonds a llo t t e d to i t fo r i t s e l f and i t s customers up to any am unt f o r which i t s h a ll be q u a lifie d in excess o f e x is tin g d e p o s its t when ao n o tifie d by the fe d e ra l Beserv© bank of Its d is tr ic t. Treasury Motes o f S e rie s S-1936, metaring December 15 , 1936, w i l l be accepted a t par in payment fo r any bonds sub scrib ed f o r and a llo t t e d . Treasury lo te e o f S e rie s €-193?, maturing February 15 , 193?, with coupon dated February 15 , 193?, a tta ch ed , w i l l be accepted a t par in payment fo r any bonds subscribed fo r and a llo t t e d , and accrued in te r e s t on the maturing notes from August 15, 1936, to December 15 , 1936, (#9.94565 per 11,0 0 0 ), w i l l be paid follo w in g acceptance o f the notes* Payment through surrender o f Treasury Motes o f S e rie s B-1936 or o f S e rie s C-193? should be made when the sub sc rip tio n i s tendered# t. X* o tr a & L m m m m m As f i s c a l agents o f the Halted S t a t e s , Federal Beserve banks are authorised and requested to re c e iv e su b sc rip tio n s, to make allotm ents on the b a sis and up to the amounts in d icated by the S ecretary o f the Treasury to th e Federal Beserve banka o f the re sp e ctiv e d i s t r i c t s , to is s u e allotm ent n o tic e s , to re c e iv e payment fo r bonds a llo t t e d , to make d e liv e ry o f bonds on fu ll- p a id su b scrip tio n s a llo t t e d , and they m y issu e interim re c e ip ts pending d e liv e r y o f the d e fin it iv e bonds. a. The Secretary o f the Treasury may a t any tim e, o r from time to tim e, pre s c rib e supplemental o r amendatory ru le s and reg u latio n s governing the o ffe r in g , which w i l l be ©acrauiiicatod promptly to the Federal Reserve banka. mmr MiBotsmw, an*, S e creta ry o f the Treasury. —3— nt* 1. söB scm m oH ahd im ) O T iT Subscriptions w i l l be received a t the fe d e ra l Reserve banks and branches and a t the trea su ry Department, Washington. B a lin g in s titu tio n s g e n e ra lly »ay submit su b scrip tio n s fo r account o f custom ers, but only the fe d e ra l le e e rv e banks and the Treasury Department are authorised to a c t as o f f i c i a l a g e n cie s. Others than banking in s titu tio n s w i l l not be perm itted to en ter su b scrip tio n s except fo r t h e ir own account * Cash su b scrip tio n s fra® banks and tru s t companies fo r th e ir own account w i l l be received without deposit but id 1 1 be r e s tr ic te d in each case to an amount not exceeding o n e-h alf o f the combined c a p ita l and surplus o f the su b scrib in g bank or tr u s t company. Cash su b scrip tio n s fro® a l l others must be accompanied by payment o f 10 percent o f the amount o f bonds applied f o r . The Secretary o f the Treasury reserves the r ig h t to c lo s e the books as to any o r a l l su b scrip tio n s or c la s s e s o f su bscrip tio n s a t any time without n o tic e . 2m The Secretary o f the Treasury reserves the r ig h t to r e je c t any su bscrip t io n , in whole o r in p a r t, to a l l o t le s s then the amount o f bonds ap plied f o r , to make allotm ents in f u l l upon a p p lica tio n s f o r sm aller amounts and to make re duced allotm ents upon, or to r e j e c t , a p p lica tio n s fo r la r g e r amounts, or to adopt any o r a l l o f said methods or such other methods o f allotm ent and c la s s if ic a t io n o f allotm ents as s h a ll be deemed by him to be in the p ublic in te r e s t; and h ie a c tio n in any or a l l o f these resp e cts s h a ll be f i n a l . Subject to these reserva tio n s , su b scrip tio n s in payment o f which Treasury Botes o f S e rie s B-1936 or Treasury Botes o f S e rie s C-195? are tendered w i l l be a llo t t e d in f u l l . Allotment n o tic e s w i l l be sent out promptly upon a llo tm en t, and the b a sis o f the allotm ent w i l l be p u b lic ly announced. IV. 1. PATMUBT Payment a t par and accrued in t e r e s t , i f any, fo r bonds a llo t t e d on cash su b scrip tio n s must be made or completed on or before December 1 5 , 1935, or on la t e r allo tm en t• I s every case where payment i s not so completed, the payment with as may ba prescribed by the S ecreta ry o f the Treasury. From the date o f redemption designated in any such n o tic e , in te r e s t on the bonds c a lle d fo r redemption s h a ll cease. 2. The bonds s h a ll be exempt, both as to p rin c ip a l and in t e r e s t , from a l l ta xa tio n now or h e re a fte r imposed by the United S ta te s , any S ta te , o r any o f the possessions o f the United S ta te s , o r by any l o c a l taxin g a u th o rity , except (a) e s ta te or in h erita n ce ta x e s, or g i f t ta x e s , and (b) graduated a d d itio n a l incase ta x e s, couaaonly known as su rta x es, and e x c e s s -p ro fits and w a r-p ro fits ta x e s , now or h e re a fte r imposed by the United S ta te s , upon the income or p r o f it s o f in d iv id u a ls , p a rtn ersh ip s, a s s o c ia tio n s , or co rp o ra tio n s. The in te r e s t on an amount o f bonds authorized by the Second L ib erty Bond A c t, approved September 24, 1917, as amended, the p rin c ip a l o f «fcieh does not exceed in the aggregate #§,000, owned by any in d iv id u a l, p artn ersh ip , a s s o c ia tio n , or corporation , s h a ll he exempt from the taxes provided fo r in cla u se (b) above. S* The bonds w i l l be acceptable to secure d ep o sits o f p u blic moneys, but w i l l not bear the c ir c u la tio n p r iv ile g e and w i l l not be e n title d to any p r iv ile g e o f conversion. 4. Bearer bonds with in t e r e s t coupons attached, and bonds reg istered as to p rin c ip a l and in te r e s t, w i l l be Issued in denominations o f #50, #100, #500, #1,000, #5,000, #10,000 and #100,000. P ro visio n w i l l be made f o r the interchange o f bonds o f d iffe r e n t denominations and o f coupon and reg istere d bonds, and f o r the tra n s fe r o f re g iste re d bonds, under ru le s and reg u la tio n s prescribed by the S e creta ry o f tha Treasury. 5. The hoods w i l l be su b ject to the gen eral reg u la tio n s o f the Treasury De partment, now or h e r e a fte r p rescrib ed , governing United S ta te s bonds. UNITED STATES OF AMERICA 2-1/2 PERCENT Dated and bearing in te r e s t from December 1 5 , 1936 Due December 1 5 , 195-J REDEEMABLE AT THE OPTION OF THE UNITED STATES AT PAR AND ACCRUED INTEREST ON AND y AFTER DECEMBER 15 , 1949 In te re s t payable June 15 and December 15 1936 Department C irc u la r No. 572 TRSASUHT DEPARTMENT, O ffic e o f the S e creta ry, Washington, December 7 , 1936 Public Debt S ervice I. 1. OFFERING OF BONDS The S ecreta ry o f tbe Treasury, pursuant to the a u th o rity o f the Second L ib erty Bond A ct, approved September 24, 19 1?, as amended, in v it e s su b scrip tio n s, a t par and accrued in te r e s t, from the people o f the United S ta te s f o r 2-1/2 amount o f the o ffe r in g is #700,000,000, or th ereabou ts, with the rig h t re served to the Secretary o f the Treasury to in crease the o ffe r in g by an amount su f f i c i e n t to accept a l l su b scrip tio n s fo r nhich Treasury Notes o f S e rie s B-1936, maturing December 15, 1936, or Treasury Notes o f S eries C-1937, maturing February 15 , 1937, a re tendered in payment and accepted* II* 1* DESCRIPTION OF BONDS The bonds w i l l be dated December 15, 1936, and w ill bear in te r e s t from th at date at the ra te o f 2-1/2 percent per annum, payable semiannually on June 15 and December 15 in each year u n t il the p rin c ip a l amount becomes payable* They w i l l mature December 15, 195^, but m y be redeemed a t the option o f the United S ta te s on and a f t e r December 15, 1949, in whole or in p a rt, a t par and accrued in t e r e s t , on any in te r e s t day o r days, on 4 months* n o tice o f redemption given in such manner as the S ecretary o f the Treasury s h a ll p re s c rib e . In case o f p a r t ia l redemption the bonds to be redeemed w i l l be determined by such method fa il. Payment f o r any bonds or notes a llo t t e d oust be made or completed on or before December 1 5 9 1936. In order to provide an eq u itab le allotm ent and d is tr ib u tio n o f tbe bonds o ffe re d fo r cash amopg a l l c la s s e s o f s u b sc rib e rs, a l l banking in s titu tio n s and others concerned are again urged to cooperate in the manner o u tlin ed in the l e t t e r o f May 27, 1930, addressed by the S e creta ry o f the Treasury to the President o f each F ederal Reserve bank, and made p u b lic a t th a t time* The amount o f Treasury notes o f S e rie s B-1936 maturing on December 15, 1936, i s 1367,921,200, and o f S e rie s 0-1937 maturing February 1 5 , 1937, i s #428,730,700, any o f which may now be exchanged fo r the Treasury bonds or the Treasury notes now o ffe r e d • Treasury b i l l s to the amount o f #400,377,000 and in te r e s t on the p ublic debt to the amount of about $138,000,000 are payable on December 15, 1936* The te x ts o f the o f f i c i a l c ir c u la r s fo llo w : $h» freasury and the freasury notas «111 'Ni aeeordod tke same •xemptions fro» taacatioa a» ara aeoon&ed otlitt issue# ef freasary toad# asid Treasuxy respectlTsly» now outstaadiag» Usos« proirisioas ara speelfieally set fortt tm tfe* offíeial circular* Ummá today, Safcscripticas «111 Ni resolved at U mi Federal Besarse tastos a»d traedles, and at th# freasury Itopartaeat, fashlugtoa. Banking iaetltutioas generally nagr safcmit sutserlptleas fer a e c m m t ef eesiotaers, tai « d y tk* federal Besarse tantos aaá tte freasury Bepartswat a«« satborlsod te aet a» off letal ágeseles* lith respe«! te casto subseriptioas fer tbe toads* appllcatloas t r m tastos m á trust ccnpaiiles fer ttoeir owa aecouat «111 te reesived without áeposit tut «111 Ni restrieted la ©acto m m te as «aouat aot exeeedlng eue-toalf ef ttoe eoatlned espita! m é surplus ef ttoe sufescrltiag tanto er trust coscpany; and casto sutserlptions frota all ottoers «asi Ni aecosipaaied ty pay&eai ef 10 pareen! ef ttoe «neent ef temí® applled fer. Wltl* respect te exehaage sutserlptlens* elther fer itoe fre&tury toad* er fer tNi freasurj sotes» suato subscriptlens should te aecoopanled ty a llke fase m m m % ef elthar 3-3/4 persea! freasury sotes of Serles B-1936* la&teriug Deeanibsr 15, 1934* er i paree»! freasuiy sotes of Serle# C-193?, ssaturlag fetroary 15* 133?, toth of «Moto «111 N» aeeepted at peor* asá witk respect to ttoe mies of Selles 0-193? aomraed iaterest «1.11 te pald te tfewfesr 15, 1934* fhe rl#ti 1» reservad to olose ttoe toctos as to aoy or all eubseriptie»* er elasses ef «utscrlptloas at m y tias «Itteut so ti ce. All sutserlptions «111 te resolved subjeet to allotmeat asá sutjeot to ttoe reservatioas set fortto la- ttoe offletal circular«* subscrlptlo&s «111 te allotted la Sutjeet to sueto reserva!loas, exctaags TREASURY DEPARTENT Washington FOR RELEASE, MORNING NEWSPAPERS, Monday, December 7, 1936. 12-5-36 Press S ervice No. S ecretary o f the Treasury Morgenthau i s today o ffe rin g fo r su bscrip t io n , a t par and accrued in te r e s t , through the Federal Reserve hanks, 1700,000,000, or thereabouts, o f 1 3 -1 ? year 2-1/2 percent Treasury bonds new Treasury bonds and an is s u e o f 5 year 1-1/4 percent Treasury notes o f S e rie s C-1941, both on an exchange b a s is , par f o r p ar, and in payment o f which only 2-3/4 percent Treasury notes o f S e rie s B-1936, maturing December 1 5 , 1936, or 3 percent Treasury notes o f S e rie s 0-1937, maturing February 15 , 1937, may be tendered. The Treasury bonds o f 1949-5? now o ffered fo r cash, and in exchange f o r Treasury notes maturing December 15, 1936, and February 15, 1937, w i l l be dated December 15 , 1936, and w i l l bear in te r e s t fra© th a t date at the r a te o f 2-1/2 percent per annum payable sem iannually. They w i l l mature December 1 5 , 19s£, but may be redeemed a t the option o f the United S ta te s on and a f t e r December 15, 1949. The Treasury notes o f S e rie s C-1941, now o ffered only in exchange fo r Treasury notes maturing December 15 , 1936, and February 15 , 1937, w i l l be dated December 15 , 1936, and w i l l bear in te r e s t from th at date a t the r a te o f 1-1/4 percent per annum payable sem iannually. They w i l l mature December 15, 1941, and w i ll not be su b ject to c a l l fo r redemption before th a t d a te. TREASURY DEPARTMENT Washington EOR RELEASE, MORNING NEWSPAPERS, Monday, December 7, 1936.______ 12/5/36 Press Service No. 9 - 4 Secretary of the Treasury Morgenthau is tbday offering for subscrip tion, at par and accrued interest, through the Federal Reserve hanks, $700,000,000, or thereabouts, of 13-17 year 2-l/2 percent Treasury bonds of 1949-53, and at the same time is offering an additional amount of the new Treasury bonds and an issue of 5 year l-l/4 percent Treasury notes of Series 0-1941, both on an exchange basis, par for par, and in payment of which only 2-3/4 percent Treasury notes of Series B-1936, maturing December 15, 1936, or 3 percent Treasury notes of Series 0-1937, maturing February 15, 1937, may be tendered. The Treasury bonds of 1949—53 now offered for cash, and in exchange for Treasury notes maturing December 15, 1936, and February 15, 1937, will be dated December 15, 1936, and will bear interest from that date at the rate of 2-1/2 percent per annum payable semiannually* They will mature December 15, 1953, but may be redeemed at the option of the United States on and after December 15, 1949. The Treasury notes of Series C-1941, now offered only in exchange for Treasury notes maturing December 15, 1936, and February 15, 1937, will be dated December 15, 1936, and will bear interest from that date at the rate of l-l/4 percent per annum payable semiannually. They will mature December 15, 1941, and will not be subject to call for redemption before that date. The Treasury "bonds and the Treasury notes will he accorded the same exemptions from taxation as are accorded other issues of Treasury bonds and Treasury notes, respectively, now outstanding. These provisions are specifically set forth in the official circulars issued today. Subscriptions will be received at the Federal Reserve banks and branches, and at the Treasury Department, Washington. Banking institutions generally may submit subscriptions for account of customers, but only the Federal Reserve banks and the Treasury Department are authorized to act as official agencies. With respect to cash subscriptions for the bonds, applications from banks and trust companies for their own account will be received without deposit but will be restricted in each case to an amount not exceeding one-half of the combined capital and surplus of the subscribing bank or trust company; and cash subscriptions from all others must be accompanied by payment of 10 percent of the amount of bonds applied for. With respect to exchange subscriptions, either for the Treasury bonds or for the Treasury notes, such subscriptions should be accompanied by a like face amount of either 2-3/4 percent Treasury notes of Series B-1936, maturing December 15, 1936, or 3 percent Treasury notes of Series C-1937, maturing February 15, 1537, both of which will be accepted at par, and with respect to the notes of Series 0-1937 accrued interest will be paid to December 15, 1936. The right is reserved to close the books as to any or all subscriptions or classes of subscriptions at any time without notice. All subscriptions will be received subject to allotment and subject to the reservations set forth in the official circulars. Subject to such reservations, exchange subscriptions will be allotted in full. Payment for any bonds or notes allotted must be made or completed on or before December 15, 1936. In order to provide an equitable allotment and distribution of the bonds offered for cash among all classes of subscribers, all banking institutions and others concerned are again urged to cooperate in the manner outlined in the letter of May 27, 1936, addressed by the Secretary of the Treasury to the President of each Federal Reserve bank, and made public at that time. The amount of Treasury notes of Series B-1936 maturing on December 15, 1936, is $357,921,200, and. of Series C-1937 maturing February 15, 1937, is $428,730,700, any of Which may now be exchanged for the Treasury Bonds or the Treasury notes now offered. Treasury bills to the amount of $400,377,000,. and interest on the public debt to the amount of about $138,000,000 are payable on December 15, 1936. The texts of the official circulars follow: UNITED STATES OE AMERICA 2-1/2 PERCENT TREASURY BONDS OE 1949-53 Dated and Bearing interest from December 15, 1936 Due December 15* REDEEMABLE AT THE OPTION OF THE UNITED STATES AT PAR AND ACCRUED INTEREST ON AND AFTER DECEMBER 15, 1949. Interest payable June 15 and December 15 1936 Department Circular No. 572 TREASURY DEPARTMENT, Office of the Secretary, Washington, December 7, 1936* Public Debt Service I. 1. OFFERING OF BONDS The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, approved September 24, 1917, as amended, invites subscriptions, at par and accrued .'interest, from the people of the United States for 2-l/2 peryH ceat bonds of the United States, designated Treasury Bonds of 1949-53, The amour of the offering is $700,000,000, or thereabouts, with the right reserved to the I M oecretary of the Treasury to increase the offering by an amount sufficient to accept all subscriptions for which Treasury Notes of Series B-1936, maturing December 15, 1936, or Treasury Notes of Series C-1937, maturing February 15, 1937, are tendered in payment and accepted. II. 1, DESCRIPTION OF BONDS The bonds will be dated December 15, 1936, and will bear interest from that date at the rate of 2^l/2 percent per annum, payable semiannually on June 15 j||a> and December 15 in each year until the principal amount becomes payable. They I will mature December 15, 1953, but may be redeemed at the option of the United V and after December 15, 1949, in whole or in part, at par and accrued interest, on any interest day or days, on 4 months* notice of redemption given W 'i suck manner as the Secretary of the Treasury shall prescribe. In ca.se of partial redemption the bonds to be redeemed will be determined by such method o C/ as may “be prescribed by the Secretary of the Treasury. From the date of redemption designated in any such notice, interest on the bonds called for redemption shall cease._ 2. The bonds shall be exempt, both as to principal and interest, from all taxation now or hereafter imposed by the United States, any State, or any of the possessions of the United States, or by any local taxing authority, except (a) estate or inheritance taxes, or gift taxes, and (b) graduated additional income taxes, commonly known e„s surtaxes, and excess-profits and wax-profits taxes, now or hereafter imposed by the United States, upon the income or profits of in dividuals, partnerships, associations, or corporations. The interest on an amount of bonds authorized by the Second Liberty Bond Act, approved September 24, 1917, as amended, the principal of which does not exceed in the aggregate $5 ,000 , owned ty any individual, partnership, association, or corporation, shall be exempt from the taxes provided for in clause (b) above. 3. The bonds will be acceptable to secure deposits of public moneys, but will not bear.the circulation privilege and will not be entitled to any privilege of conversion, 4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest, will be issued in denominations of $50, $ 100 , $500, $1,000, $5,000, $10,000 and $100,000. Provision will be made for the interchange of bonds of different denominations and of coupon and registered bonds, and for the transfer of registered, bonds, under rules and regulations prescribed by the Secretary of the Treasury. 5. The bonds will be subject to the general regulations of the^Treasury De partment, now or hereafter prescribed, governing United States bonds. - 3 III. 1. SUBSCRIPTION AND ALLOTMENT Subscriptions will "be received p,t_the Federal Reserve banks and branches and at the Treasury Department, Washington. Banking institutions generally may submit subscriptions for account of customers, but only the Federal Reserve banks and the Treasury Department are authorized to act as official agencies. Others than banking institutions will not be permitted to enter subscriptions except for their own account. Cadi subscriptions from banks and trust companies for their own account wall be received without deposit but will be restricted in each cane % to an amount not exceeding one^half of the combined capital and surplus of the subscribing bank or trust company. Cash subscriptions from all others must be accompanied by payment of 10 percent of the amount of bonds applied for. The Secretary of the Treasury reserves the right to close the books as to any or all subscriptions or classes of subscriptions at any time without notice. 2. The Secretary of the Treasury reserves the right to reject any sub scription, in whole or in part, to allot less than the amount of bonds applied for, to make allotments in full upon applications for smaller amounts and to make reduced allotments upon, or to reject, applications for larger amounts, or to adopt any or all of said methods or such other methods of allotment and classification of allotments as shall be deemed by him to be in the public inter est; and his action in any or all of these respects shall be final. Subject to these reservations, subscriptions.in payment of which Treasury Notes of Series B-1936 or Treasury Notes of Series (XL 937 are tendered wall be allotted in full. Allotment notices -will be sent out promptly upon allotment, and the basis of the allotment will be publicly announced, IV. 1. PAYMENT Payment at par and accrued interest,, if any, for bonds allotted on cash subscriptions must be ma.de or completed on or before December 15, 1936, or on laker allotment. In every case where payment is not so completed, the payment with application up to 10 percent of the amount of bonds applied for shall, ~ 4 upon declaration made "by the Secretary of the Treasury in his discretion, "be forfeited to the United States, Any qualified depositary will "be permitted to make payment "by credit for "bonds allotted to it for itself and its customers up to any amount for which it shall he qualified in excess of existing deposits, when so notified "by the Federal Reserve hank of its district. Treasury Rotes of Series R—1936, maturing December 15, 1936, will he accepted at par in payment for any bonds subscribed for and allotted. Treasury Rotes of Series 0-1937, maturing February 15, 1937, with coupon dated February 15, 1937, attached, will be accepted at par in payment for any bonds subscribed for and allotted, and accrued interest on the maturing notes from August 15, 1936, to December 15, 1956, ($9,94565 per $1,000), will be paid following acceptance of the notes. Payment through surrender of Treasury Rotes of Series B-1936 or of Series C-1937 should be made when the subscription is tendered, V. 1. GENERAL PROVISIORS As fiscal agents of the United States, Federal Reserve banks are authorized and requested to receive subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of the Treasury to the Federal Reserve banks of the respective districts, to issue allotment notices, to receive payment for bonds allotted., to make delivery of bonds on full-paid subscriptions allotted,<and they may issue interim receipts pending delivery of the^definitive bonds, 2, The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offering, which will be communicated promptly to the Federal Reserve banks. HERRY MORGERTHAU, JR., Secretary of the Treasury, UNITED STATES OF AMERICA 1-1/4 PERCENT TREASURY NOTES OF SERIES C-1941 Dated and tearing interest from December 15, 1936 Due December 15, 1941 Interest payable June 15 and December 15 1936 Department Circular No. 573 ____ Public Debt Service . I. 1. TREASURY DEPARTMENT, Office of the Secretary, Washington, December 7, 1936. OFFERING OF NOTES The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, approved September 24, 1917, as amended, invites subscriptions, at par, from the people of the United States for l-l/4 percent notes of the United States, designated Treasury Notes of Series C-1941, in payment of which only Treasury Notes of Series B-1936, maturing December 15, 1936, or Treasury Notes of Series C-1937, maturing February 15, 1937, may be tendered. The amount of the offering under this circular will be limited to the amount.of Treasury Notes-of Series B-1936 and of Sériés C-1937 tendered and accepted* II. 1. DESCRIPTION OF NOTES The notes will be dated December 15, 1936, and will bear interest from that date at the rate of 1-1/4 percent per annum, payable semiannually on June 15 and December 15 in each year. They will mature December 15, 1941, and will not be subject to call for redemption prior to maturity. 2. The notes shall be exempt, both as to principal and interest, from all taxation (except estate or inheritance taxes,.or gift taxes) now or hereafter imposed bv the United States, any State, or. any of the possessions of the United States, or by any local taxing authority.* 3. The notes will be accepted at par during such time and under such rules and regulations as shall be prescribed on approved by the Secretary of the Treasury in payment of income and profits taxes payable at the maturity of the notes.. 4. The notes will he acceptable to secure deposits of public moneys, but will not bear the circulation privilege. 5. Bearer notes with interest coupons attached will be issued in denomina tions of $100, $500, $1,000, $5,000, $10,000 .and $100,-000. The notes will not be issued in registered form. III. 1. SUBSCRIPTION AND ALLOTMENT Subscriptions will be received at the Federal RG;serve banks and branches and at the Treasury Department, Washington. Banking institutions generally may submit subscriptions for account of customers, but only the Federal Reserve banks and the Treasury Department are authorized to act as official agencies. The Secretary of the Treasury reserves the right to close the books as to any or all subscriptions or classes of subscriptions at any time without notice. 2. The Secretary of the Treasury reserves the right to reject any subscrip tion, in whole or in part-, to allot less than the amount of notes applied for, to make allotments in full upon applications for smaller amounts and to make reduced allotments upon, or to reject, applications for larger amounts, or to adopt any or all of said methods or such other methods of allotment and classification of allotments as shall be deemed by him to be in the public interest; and his action in any or all of these respects shall be final. all subscriptions will be allotted in full. Subject to these reservations, Allotment notices will be sent out promptly upon allotment. IV. 1. PAYMENT Payment at par for notes allotted hereunder must be made or completed on or before December 15, 1936, or on later allotment,and may be made only in Treasury Notes of Series B-1936, maturing December 15, 1936, or in Treasury Notes of Series C-d.937, maturing February 15, 1937, which will be accepted at par, and ~3~ should accompany the subscript ion. In the case of Treasury Notes of Series 0-1937 tendered in payment, coupons dated February 15, 1937, must be. attached to the notes when surrendered, and accrued interest from August 15, 1936, to December 15, 1936,($9.94565 per $1,000), will be paid following acceptance of the notes. V. GENERAL PROVISIONS 1. As fiscal agents of the United States, Federal Reserve banks are authorized and requested to receive subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of the Treasury to the Federal Reserve banks of the respective districts, to issue allotment notices, to receive payment for notes allotted, to make delivery of notes on full—paid subscriptions allotted,.and they may issue interim receipts pending delivery of the definitive notes. 2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offering, which will be communicated promptly to the. Federal Reserve banks. HENRY MORGBNTHAU, JR., Secretary of the Treasury. INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTH OF NOVEMBER. 1936 Date o f F a ilu re : F ir s t N ational Bank, Conrad, Iowa 1 / * Twelfth S tr e e t Natfl B k., S t.L o u is, Mo. * 3-28-34 1-19-33 Ross County Nat‘ 1 Bank, C h illie o th e , Ohio F ir s t N ational Bank, Hatton, N. Dak. ] J N ational Bank o f Goldsboro, N. Car. F ir s t N ational Bank, Columbia C ity , Ind. N ational Bank o f Emmetsburg, Iowa F ir s t N at*l F ir s t F ir s t F ir s t F ir s t F ir s t F ir s t F ir s t Total Disbursements Including O ffse ts Allowed: Per Cent Dividends Paid Unsecured Claimants: 24,063.00 1,256,948.00 10 0 . 103.33 7-14-32 9-19-33 12-30-30 3-31-27 3-15-29 1,367,458.00 17,565.00 258,847.00 858,739.00 480,512.00 99.41 97.88 69.70 75.50 68.42 99.485 45.53492 44.44 71.14 5 65.425 N ational Bank, M otley, Minnesota Bank o f Commerce, P ie r r e , S. Dak. N at*l Bank, Lumberton, Miss. N ational Bank, Bardwell, Ky. N ational Bank, Burnham, Pa. 2/ 12-16-32 2-11-25 2-9-33 3-4-32 1-10-34 58,009.00 722,647.00 291,251.00 210,701.00 133,112.00 56.17 66.63 7 1.16 74.72 73.63 31. 51.333 44.17 64/ 59.75 N ational Bank, Chardon, Ohio 1 / N ational Bank, Jayton, Texas N ational Bank, Highland, Kans. N at*l Bank, C le a r fie ld , Iowa £/ 12-22-31 6-8-32 4-26-32 9-5-33 43,201.00 100,869.00 143,201.00 83,849.00 86.02 86.018 20.63 107,. 95 37.27 * 1/ 2/ $ Per Cent T otal Returns to A ll C re d ito rs: 54.63 104.68 61.28 October c lo s in g d ates. R eceiver appointed to le v y and c o lle c t stock assessment covering d e fic ie n c y in value o f a s s e ts so ld , or to complete u n fin ish ed liq u id a tio n . Formerly in Conservatorship. 47.8272 106.01 - 4 r The F i r s t N ational Bank o f C le a r fie ld , Iowa, in re c e iv e rsh ip September 5, 1933} disbursem ents, including o ff s e t s allow ed, to depositors and other c re d ito rs aggre gated $83,84.9, which represented 61,28 per cent o f t o t a l l i a b i l i t i e s . Unsecured de p o sito rs received dividends amounting to 37.27 per cent o f th e ir claim s. Dividend payments during November, 1936, by a l l re c e iv e rs o f in so lve n t national banks to the c re d ito rs o f a l l a c tiv e rec e iv e rsh ip s aggregated $2,620,923* Dividend payments to the c re d ito rs o f a l l a c tiv e re ce iv e rsh ip s since the bank ing holiday o f March, 1933, aggregated $751,667,976. 3 The F i r s t N ational Bank o f Lumberton, M is s is s ip p i, in re ce iv e rsh ip February 9, 1933? disbursem ents, in clu din g o ff s e t s allow ed, to depositors and other c re d ito rs aggregated $291,251, which represented 7 1.16 per cent o f t o t a l l i a b i l i t i e s . Unsecured depositors received dividends amounting to 4 4 .17 per cent o f th e ir claim s. The F ir s t N ational Bank o f B ardw ell, Kentucky, in re c e iv e rsh ip March 4* 1932; disbursem ents, in clu din g o ff s e t s allow ed, to depositors and other c re d ito rs aggre gated $210,701, which represented 74*72 per cent o f t o t a l l i a b i l i t i e s . Unsecured de p o sito rs received dividends amounting to 64 per cent o f th e ir claim s. The F i r s t N ational o f Burnham, Pennsylvania, in rece iv e rsh ip January 10 , 19345 disbursem ents, inclu ding o ff s e t s allow ed, to depositors and other c re d ito rs aggre gated $ 133,112, which represented 73.63 per cent o f t o t a l l i a b i l i t i e s . Unsecured de p o sito rs received dividends amounting to 5 9 .7 5 per cent o f th e ir claim s. The F ir s t N ational Bank o f Chardon, Ohio, in re ce iv e rsh ip December 22, 1931, the l i a b i l i t i e s o f the in s tit u t io n having th ereto fo re been assumed by another bank. The re c e iv e r was appointed fo r the purpose o f c o lle c tin g an assessment a g a in st the stock holders to cover a d e fic ie n c y in the a s s e ts so ld . Disbursements during re c e iv e rsh ip , including o ff s e t s allow ed, aggregated $4 3 , 2 0 1 , which represented 86.02 per cent o f t o ta l l i a b i l i t i e s . The F ir s t N ational Bank o f Jayton , Texas, in re ce iv e rsh ip June 8 , 1932; disburse ments, in clu din g o ff s e t s allow ed, to d epositors and other c re d ito rs aggregated $10 0 , 8' which represented 54*63 per cent o f t o t a l l i a b i l i t i e s . Unsecured depositors received dividends amounting to 20.63 per cent o f th e ir claim s. The F ir s t National Bank o f Highland, Kansas, in rec e iv e rsh ip A p ril 26, 1932; de p o sito rs and other c re d ito rs were paid 100 per cent p rin c ip a l and a p ortion o f the in t e r e s t , amounting to an a d d itio n al dividend o f 7.95 per cen t. c r e d ito r s , in clu din g o ff s e t s allow ed, aggregated $1 4 3 *2 0 1 . T otal payments to _ “• o _ — The F ir s t N ational Bank o f Hatton, North Dakota, in re ce iv e rsh ip September 19, 19 3 3 , the l i a b i l i t i e s o f the in s t it u t io n having th ereto fo re been assumed by another bank. The re c e iv e r was appointed fo r the purpose o f c o lle c tin g an assessment against the stockholders to cover a d e fic ie n c y in the a sse ts so ld . Disbursements during re c e iv e rsh ip , in clu din g o ff s e t s allow ed, aggregated $17,565» which represented 97.88 per cent o f t o t a l l i a b i l i t i e s . The N ational Bank o f Goldsboro, North C aro lin a, in rece iv e rsh ip December 30, 1930; disbursem ents, in clu din g o ff s e t s allow ed, to depositors and other c r e d ito r s , aggregated $258,84.7, which represented 69.70 per cent o f t o t a l l i a b i l i t i e s . Unse cured depositors received dividends amounting to 4-4-*44- per cent o f th e ir claim s. The F i r s t N ational Bank o f Columbia C it y , Indiana, in rece iv e rsh ip March 3 1, 1927; disbursem ents, inclu ding o ff s e t s allow ed, to depositors and other c re d ito rs aggregated $858,739, which represented 75.50 per cent o f t o t a l l i a b i l i t i e s . Unse cured depositors received dividends amounting to 71.14-5 per cent o f th e ir claim s. The N ational Bank o f Emmetsburg, Iowa, in rece iv e rsh ip March 15 , 19295 disburse ments, including o ff s e t s allow ed, to d ep ositors and other c re d ito rs aggregated $4.80,512, which represented 68./f2 per cent o f t o t a l l i a b i l i t i e s . Unsecured deposi to rs received dividends amounting to 65*4-25 per cent o f th e ir claim s. The F i r s t N ational Bank o f M otley, Minnesota, in rece iv e rsh ip December 16 , 1932; disbursem ents, including o ff s e t s allow ed, to d epositors and other c r e d ito r s , aggre gated $58,009, which represented 56 .17 per cent o f t o t a l l i a b i l i t i e s . Unsecured de p o sito rs received dividends amounting to 31 per cent o f th e ir claim s. The N ational Bank o f Commerce, P ie r r e , South Dakota, in re ce iv e rsh ip February 11, 1925; disbursem ents, inclu ding o ffs e t s allow ed, to d epositors and other c r e d ito r s , aggregated $722,64-7, which represented 66.63 per cent o f t o t a l l i a b i l i t i e s . depositors received dividends amounting to 51.333 per cent o f th e ir claim s. Unsecured TREASURY DEPARTMENT Washington Press S ervice FOR RELEASE, MORNING NEWSPAPERS, t, Com ptroller o f the Currency, today announced the completion o f the liq u id a tio n o f 16 re c e iv e rsh ip s during November, 1936, making a t o t a l o f 530 rec e iv e rsh ip s f i n a l l y closed or resto red to solvency sin ce the s o -c a lle d banking holiday o f March, 1933« T o tal disbursem ents, in clu din g o ff s e t s allow ed, to deposi to rs and.other c re d ito rs o f these 530 in s t it u t io n s , e x clu siv e o f the 4-2 receiversh ip s resto red to solvency, aggregated $155*64.6,04.0, or an average retu rn o f 76.53 per cent o f t o t a l l i a b i l i t i e s , w hile unsecured d ep ositors received dividends amounting to an average o f 62.4-2 per cent o f th e ir claim s. The F i r s t N ational Bank o f Conrad, Iowa, in rece iv e rsh ip March 28, 1934* the l i a b i l i t i e s o f the in s tit u t io n having th ere to fo re been assumed by another bank. The r e c e iv e r was appointed fo r the purpose o f c o lle c tin g an assessment a g a in st the stock holders to cover a d e fic ie n c y in the a s s e ts so ld . The c re d ito r bank, from dividends and other sources, received 100 per cent togeth er w ith in t e r e s t in f u l l . Disburse ments during re c e iv e rsh ip , in clu din g o ff s e t s a lio vied, aggregated $24-,063, and the stockholders received $4. , 7 1 7 , together with the a sse ts remaining u n co llected . The Tw elfth S tr e e t N ational Bank o f S t . L ou is, M issouri, in rece iv e rsh ip January 1 9 , 1933; d ep ositors and other c re d ito rs were paid 100 per cent p rin c ip a l w ith in te r e s t in f u l l amounting to an a d d itio n a l dividend o f 6.01 per cen t. T o tal payments to c r e d ito r s , inclu ding o ff s e t s allow ed, aggregated $1,256,94-3, and the stockholders received $12,872, together w ith the a sse ts remaining u n co lle cte d . The Ross County N ational Bank o f C h illie o th e , Ohio, in rece iv e rsh ip J u ly 14* 1932; disbursem ents, in clu din g o ff s e t s allow ed, to d epositors and other c r e d ito r s , aggregated $1,367,453, which represented 99*41 per cent o f t o t a l l i a b i l i t i e s . Unse cured depositors received dividends amounting to 99*435 per cent o f th e ir claim s. TREASURY DEPARTMENT Washington EOR RELEASE, MORNING NEWSPAPERS, Thursday* December 10, 1936.____ 12-7-36. Press Service No. 9-5 The Comptroller of the Currency today announced the completion of the liquidation of 16 receiverships during November, 1936, making a total of 530 receiverships finally closed or restored to solvency since the so-called hanking holiday of March, 1933. Total disbursements, including offsets allowed, to depositors and other creditors of these 530 institutions, exclusive of the 42 receiverships restored to solvency, aggregated $155,646,040, or an average return of 76.53 per cent of total liabilities, while unsecured depositors received dividends amounting to an average of 62.42 per cent of their claims. The First National Bank of Conrad, Iowa, in receivership March 28, 1934, the liabilities of the institution having theretofore been assumed bv another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. The creditor bank, from dividends and other sources, received 100 per cent together with interest in full. Disbursements during receivership, including offsets allowed, aggregated $24,063, and the stockholders received $4,717, together with the assets remain ing uncollected. The Twelfth Street National Bank of St. Louis, Missouri, in receivership January 19, 1933; depositors and other creditors were paid 100 per cent principal with interest in full amo\mting to an additional dividend of 6.01 per cent. Total payments to creditors, including offsets allowed, aggregated $1,256,948, and the stockholders received $12,872, together with the assets remaining uncollected. The Ross County National Bank of Chillicothe, Ohio, in receivership July 14, 1932; disbursements, including offsets allowed, to depositors and other creditors, aggregated $1,367,458, which represented 99.41 per cent of total liabilities. Unsecured depositors received dividends amounting to 99.485 per cent of their claims. The First National Bank of Hatton, North Dakota, in receivership September 19, 1933, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assess ment against the stockholders to cover a deficiency in the assets sold. Disburse ments during receivership, including offsets allowed, aggregated $17,565, which represented 97.88 per cent of total liabilities. The National Bank of Goldsboro, North Carolina, in receivership December 30, 1930; disbursements, including offsets allowed, to depositors and other creditors, aggregated $258,847, which represented 69.70 per cent of total liabilities. Unsecured depositors received dividends amounting to 44.44 per cent of their claims» The First National Bank of Columbia Cit*r, Indiana, in receivership March 31, 1927; disbursements, including offsets allowed, to depositors and other creditors aggregated $858,739, which represented 75.50 per cent of total liabilities. Unsecured depositors received dividends amounting to 71.145 per cent of their claims. The National Bank of Emmetsburg, Iowa, in receivership March 15, 1929; dis bursements, including offsets allowed, to depositors and other creditors aggrega ted $480,512, which represented 68,42 per cent of total liabilities. Unsecured depositors received dividends amounting to 65.425 per cent of their claims* The First National Bank of Motley, Minnesota, in receivership December 16, 1932; disbursements, including offsets allowed, to depositors and other creditors, aggregated $58,009, which represented 56.17 per Cent of to$al liabilities. Unsecured depositors received dividends .amounting to 31 per cent of their claims. -3The National Bank of Commerce, Pierre, South Dakota, in receivership February 1 1 , 1925; disbursements, including offsets allowed, to depositors and other creditors, aggregated $722,647, which represented 66.63 per cent of total liabilities* Unsecured depositors received dividends amounting to 51.333 per cent of their claims. The First National Bank of Lumberton, Mississippi, in receivership'February 9 , 1933; disbursements, including offsets allowed, to depositors and other credit ors aggregated $291,251, which represented 71.16 per cent of total liabilities. Unsecured depositors received dividends amounting to 44,17 per cent of their claims. - The First National Bank of Bardwell, Kentucky, in receivership March 4, 1932; disbursements, including offsets allowed, to depositors and other creditors aggregated $210,701, which represented 74.72 per cent of total liabilities. Unse cured depositors received dividends amounting to 64 per cent of their claims. The First National of Burnham, Pennsylvania, in receivership January 10, 1^34 disbursements, including offsets allowed, to depositors and other creditors aggre gated $133,112, which represented 73.63 per cent of total liabilities;' Unsecured depositors received dividends amounting to 59.75 per cent of their claims. The First National Bank of Chardon, Ohio, in receivership December 22, 1931, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $43,201, which repre sented 86.02 per cent of total liabilities'. The First National Bank of Jayton, Texas, in receivership June 8 , 1932; disbursements, including offsets allowed, to depositors and other creditors aggregated $100,869, which represented 54.63 per cent of total liabilities.' Unsecured depositors received dividends amounting to 20.63 per cent of their claims. The First National Bank of Highland, Kansas, in receivership April 26, 1932; depositors and other creditors were paid 100 per cent principal and a portion of the interest, amounting to an additional dividend of 7.95 per cent. Total pay ments to creditors, including offsets allowed, aggregated $143,201. The First National Bank of Clearfield, Iowa,, in receivership September 5,1933; disbursements,, including offsets allowed, to depositors and other creditors aggregated $83,849,. which represented 61.28 per cent of total liabilities. Unsecured depositors received dividends amounting to 37.27 per cent of their claims. Dividend payments during November, 1936, by all receivers of insolvent nationa banks to the creditors of all active receiverships aggregated $2,620,923* Dividend payments to the creditors of all active receiverships since the banking holiday of March, 1933, aggregated $751,667,976. INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTH OF NOVEMBER, 1936 Date of Failure: Total Disbursements Including Offsets Allowed: First National Bank, Conrad; fowa 1/ * Twelfth Street Nat‘1 Bk., St.Louis, Mo. * 3-2S-3U 1-19-33 Ross County Nat’l Bank, Chillicothe, Ohio First National Bank, Hatton, N. Dak. 1/ National Bank of Goldsboro, N. Car. First National Bank, Columbia City, Ind. National Bank of Emmetsburg, Iowa 7-1U-32 9-19-33 12- 30-30 3-31-27 3-15-29 1 ,367 ,^32.00 17 ,565.00 25S,SH7.00 First Nat‘l First First First National Bank, Motley, Minnesota Bank of Commerce, Pierre, S. Dak. Nat11 Bank, Lumberton, Miss. National Bank, Bardwell, Ky. National Bank, Burnham, Pa. g j 12- 16-32 First First First First National Bank, Char den, Ohio i f National Bank, Jayton, Texas National Bank, Highland, Kans. Nat 11 Bank, Clearfield, Iowa 2/ * 1J 2/ 2-11-25 29-33 3U-32 1- 10-3H 12- 22-31 6-S-32 H- 26-32 9-5-33 $ 2M63.00 1 ,256 ,9 ^ . 0 0 per Cent Total Returns to All Creditors; 100 . 103.33 Per Cent Dividends Paid Unsecured Claimant s; U 7 .S272 106.01 S5S.739.00 HSO,512.00 99 .Hi 97.22 6 9 .7O 75.50 6 2 .>+2 99.^85 1+5 .531+92 1+1+.1+1+ 7i.l>+5 6 5 .1+25 52 ,009.00 722,6^7.00 291 .251.00 210 .701.00 133 .112.00 56.17 66.63 71.16 7^.72 73.63 3U >+3 ,201.00 100 ,269.00 1^ 3 ,201.00 2 3 ,2^9.00 26.02 5H .63 10H .62 61.22 October closing dates, Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. Formerly in Conservatorship. 51 w333 HU. 17 6H< 59.75 26.012 20,63 107.95 37.27 TREASURY DEPARTMENT Washington MEMORANDUM FOR THE PRESS December 7, 1936. RECEIPTS OP SILVER BY THE MINTS AND ASSAY OFFICES: (Under Executive Proclamation of December 21, 1933) as amended Week ended December 4, 1936: Philadelphia.... ................... ........... San Francisco....... ...»..................... . Denver .......... .............................. Total for week ended December 4, 1936............ Total receipts through December 4, 1936 ......... 1,453,767.37 fine ounces 157,063.57 20,988.53 » " 1,631,819.47 115,840,611.47 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended December 4, 1936: Philadelphia............. ...................... New York .... San Francisco Denver....... New Orleans.. Seattle .... Total for week ended December 4, 1936............ Total receipts through December 4, 1936.......... 1,190.00 fine ounces « tt 470.00 r i it 97.00 1,757.00 112,991,230.27 u » ti n RECEIPTS OF SOLD BY THE MINTS AND ASSAY OFFICES: New Domestic Imports______ Secondary Week ended December 4, 1936: 142.10 22,713.92 $ 91,143.99 $ Philadelphia............ ............ $ 179,600.00 New York........................ . • .. 8,970,200.00 135,900.00 18,620.48 2,060,127.82 San Francisco...... ................ 1,120,331.06 575,840.94 22,933.93 12,154.61 Denver ............................. 347.02 16,537.85 New Orleans......................... 422.398.51 8.258.01 Seattle........................... . • - ----- - ^ Total for week ended December 4, 1936*.$10,136,525.93$282,614.94 $3,238,109.37 fÜ M W f DÄMMSST msisiafoi TOB W , MOBHINÖ NSH5PAPSR3 Tuosday» Deeembar 8« 1956» Press Service w m > * Seeretary of the Treasury Morgenthau announeed last night that the subscription books for the current offering of 2-1/2 pereant Treasury Bonds of 1949-53 closed at the elose of business Monday, December 7, 1935, for the receipt of eash subscriptions. The subseription books for the bond offering and also for the offer ing of 1-1/4 pereent Treasury Hotes of 3eri.es C-1941 will elose at the elose of business Wodneeday, December 9, for the receipt of exehange subscriptions, in payment of whleh Treasury Kotes of Series B-1936, maturing Beesmber 15t 1936, or Treasury Kotes of Series 0-1937, raaturing Febniary 15, 1937, nay be tendered» Cash subscriptions placed in ths wall before 12 o*clock midnight Monday, Beeember 7, and exohange subscriptions placed in the mail before 12 o*clock midnight, Wednasday, Decamber f§ will be eonsidered as having been entered before the elose of the subseription books» Announesmsnt of ths amount of eash Subscriptions and the basis of allotnent will prebably be aade on Friday, December 11. TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Tuesday, December 8, 1936._____ •12/7/36 Press Service No. 9 - 6 Secretary of the Treasury Morgentha.u announced last night that the sub scription books for the current offering of 2-l/2 percent Treasury Bonds of 1949-53 closed at the close of business Monday, December 7, 1936, for the receipt of cash subscriptions. The subscription books for the bond offering and also for the offering of l-l/4 percent Treasury Notes of Series C-1941 will close at the close of business Wednesday, December 9, for the receipt of exchange subscriptions, in payment of which Treasury Notes of Series B-1936, maturing December 15, 1936, or Treasury Notes of Series C-1937, maturing February 15, 1937, may be tendered. Cash subscriptions placed in the mail before 12 o ’clock midnight Monday, December 7, and exchange subscriptions placed in the mail before 12 o’clock midnight, Wednesday, December 9, will be considered as having been entered before the close of the subscription books. Announcement of the amount of cash subscriptions and the basis of allot ment will probably be made on Friday, December 11. m t m m wmmmsm won rnsLusn, m o m m o m m r j & w m Pree# Service ^ ^ Tuesday. Dec «saber 8. 1936. w w ^ — i Secretary of the Treasury Morgenthan announced last evening that the tenders for tee series of Treasury bills, to he dated December 9« 1936, which were offered m D e c e d e r d t were opened at the federal Reserve banks on December f, lit» Tenders were invited for the two series to the aggregate amount of #100,000,000, or thereabouts, and #83?,918,000 was applied for, of which ♦100,039,000 wae accepted. 97-DAT M The details of the two series are as follows: M HILLS. WMR1M 18. 1987 For this series, which was for #90,000,000, or thereabouts, the total amount applied for was ♦106,808,000, of which #80,018,000 was accepted. The accepted bids ranged in prise from par to 99.984, the lattar being equivalent is s rats of about 0.089 percent per annosi, on a baht discount basis. part of the amount bid for at «is letter prise was accepted. Only The average prise of Treasury bills of this series to be issued is 99.989 and the average rate is about 0*041 percent per annum cm s bank discount basis. 873-BàT T B M W m r MLW 8 For this series, which was for #80,000,000, or thereabouts, the total amount applied for was #181,907,000, of which #80,087,000 was accepted. The accepted bids ranged in prise from 99.940, equivalent to a rate of about 0.079 percent por annua, to 99.988, equivalent to a rats of about 0.099 percent por annua, cm a bank discount basis. prise was accepted. Only part of the amount bid for at the latter The average prise of Treasury bills of this ssriss to be Issued is 99.980 and the average rate is about 0.098 percent per annua on a bank discount basis TREASURY DEPARTMENT Washington EOR RELEASE, MORNING NEWSPAPERS,. Tuesday, December 8, 1956._____ 12/7/36 Press Service No. 9 - 7 Secretary of the Treasury Morgenthau announced last evening that the tenders for two series of Treasury hills, to he dated December 9, 1936, which were offered on December 4, were opened at the Federal Reserve banks on December 7, 1936.Tenders were invited for the two series to the aggregate amount of $100,000,000,- or thereabouts,- and $237,912,000 wa s applied for,- of which $100,039,000 was accepted.- The details of the two series are as follows: 97-DAY TREASURY BILLS, MATURING MARCH 16, 1937 For this series, which was for $50,000,000, or thereabouts, the total amount applied for was $106,-205,000,- of which $50,012,000 was accepted. The accepted bids ranged in price from par to 99.-984, the latter being equivalent to a rate of about 0,059 percent per annum, on a bank discount basis. part of the amount bid for at the latter price was accepted. price of Only The avera.ge Treasury bills of this series to be issued is 99.989 and the average rate is about 0.041 percent per annum on a bank discount basis. 273-DAY TREASURY BILLS, MATURING SEPTEMBER 8, 1937 For this series, which was for $50,000,000, or thereabouts, the total amount applied for was $131,707,000, of which $50,027,000 was accepted. The accepted bids ranged in price from 99.940,- equivalent to a rate of about 0.079 percent per annum,- to 99.925, equivalent to a rate of about 0.099 percent per annum, on a bank discount basis. latter price was accepted. Only part of the csmount bid for at the The average price of.Treasury bills of this series to be issued is 99*930 and the average rate is about 0.092 percent per annum on a bank discount basis. December 8, 1936 J. F. T. O'Connor, Comptroller of the Currency, announces a d of 25$ to the creditors of the District National Bank. The first disbursement wil]. take plate tomorrow, Wednesday, December 9, at the headquarters of the bank, 1406 G Street, Northwest, Washington. This will be the second dividend declared by the bank, the first dividend of 50$, amounting to nearly $2,000,000.00, having been distributed and depositors in September 1933* to creditors Receiver Justus iWardell announced that the amount in volved in this distribution will exceed $1,000,000*00 and will affect some 10,000 de positors located principally in Washington but many located in other sections of the country* 1 A period of ten days will be necessary to distribute this money but it is hoped that! the entire amount will be in the hands of the creditors several days before Christmas All depositors will be notified by postal card and are asked not to present themselves for their portion of the distribution until such cards are in their hands* Comptroller J. F. T. O'Connor also announces a dividend distribution of 10$ in connection with the Northeast Savings Bank, which distribution will be made at the old "bank located at 800 H Street, Northeast, Washington* This distribution will be in the neighborhood of $200.000*00 and will affect some eight tliougandi depositors* This ta* will be the fourth dividend ajad»' Wi‘ì4v$903,000 odd dO'i&«i.*s heretoforë pqid. Receiver Wardell announces that this distribution will also be initiated tomorrow, December 9, at the locationJpretofore mentioned^and will cover a period of about ten daysL A All depositors in this institution are requested not to call for their portion of the dividend until notices are received by them fixing s the time when they be expected at the bank* This is important to save confusion in connection with both distributions and to facilitate the payment to the thousands of creditors TREASURY DEPARTMENT Washington EOR IMMEDIATE RELEASE, Tuesday, December 8, 1936. Press Service No. 9-8 J.F.T. O ’Connor, Comptroller of the Currency, announces a dividend of 25$ to the creditors of the District National Bank. The first disbursement will take place tomorrow, Wednesday, December 9th, at the headquarters of the bank, 1406 G Street, Northwest, Washington. This will be the second dividend declared by the bank, the first dividend of 50$, amounting to nearly $2,000,000, having been distributed to creditors and depositors in September, 1933. Receiver Justus Wardell announced that the amount involved in this distribution will exceed $1,000,000 and will affect some 10,000 depositors located principally in Wash ington but many located in other sections of the country. A period of ten days will be necessary to distribute this money, but it is hoped that the entire amount will be in the hands of the creditors several days before Christmas. All depositors will be notified by postal card and are asked not to present themselve for their portion of the distribution until such cards are in their hands. Comptroller J.F.T. O ’Connor also announces a dividend distribution of 10$ in connection with the Northeast Savings Bank, which distribution will be made at the old bank located at 800 H Street, Northeast, Washington. This distribu tion will be in the neighborhood of $200,000 and will affect some 8,000 depositor This will be the fourth dividend and is in addition to approximately $903,000 heretofore paid. Receiver Wardell announces that this distribution will also be initiated tomorrow, December 9th, at the location heretofore mentioned and will cover a period of about ten days, planned to be completed well before Christmas. All depositors in this institution are requested not to call for their portion of the dividend until notices are received by them fixing the time when they will be expected at the bank. This is important to save confusion in connection with both distributions and to facilitate the payment to the thousands of creditors. -4- PRELIMINARY STATEMENT OF SALES OF UNITED STATES SAVINGS BONDS FOR OCTOBER, 1936 MATURITY VALUE STATE | 2,863,875 ILLINOIS.............. .......... ... 2.047.950 NEW YORK............................. 1.702.950 OHIO............ .................... 1,698,650 PENNSYLVANIA............. ........... 1,531,375 INDIANA...................... ........ 1,364,125 CALIFORNIA........................... 1,347,850 MINNESOTA................. .......... 1,180,450 WISCONSIN.......................... 1,121,825 IOWA... ............................. 976,375 MISSOURI............................. 899,775 MICHIGAN................ ............ 876,975 TEXAS................................ 677,450 KANSAS............................... 605,475 WASHINGTON........................... 542,325 NEBRASKA............................. 505,825 MASSACHUSETTS........................ ; 489,200 COLORADO............................. 487,5251'-" NEW JERSEY........................... 486,225 GEORGIA.............................. 439,600 OKLAHOMA................... ......... , 422,450 MARYLAND............ ................ > 364,725 VIRGINIA............................. > 548,275 ARKANSAS............................. . 341,300 KENTUCKY............................. . 339,475 DISTRICT OF COLUMBIA................. , 286,250 FLORIDA.............................. . 285,200 OREGON............... ....... ....... . 278,450 NORTH CAROLINA..... .................. > 277,800 ALABAMA....................... ...... . 264,075 MONTANA................. ......... . •• 230,000 TENNESSEE............................ . 205,225 CONNECTICUT.......................... . 203,850SOUTH DAKOTA..................... . ••• 186,500 MISSISSIPPI....................... ............................................... 181,475 NORTH DAKOTA................................................................... 165,975 LOUISIANA.......................................................................... 155,350 WEST VIRGINIA........................... ...................................... 153,775 SOUTH CAROLINA........................................................... 95,475 MAINE.............................................. ...................... .. 87,250 IDAHO.................................................................................. 82,700 ARIZONA............................. .................. .......................... 69,725 NEVADA................................................................................ 58.550 NEW HAMPSHIRE........................... ...................................... 52.550 DELAWARE............................................................................ 51,500 WYOMING.............................................................................. 47.375 UTAH................................................................................... 36,275 NEW MEXICO........................................................................ 34.375 i/ RHODE ISLAND.................................................................... 18,625 $27,168,550 55.950 $27,222,300 - 2- A are undertaking systematic savings through the regular purchase plan, buying — u W h t for husbands and wive Men are buying in a somewhat larger ratio than women. Trust accounts and other fiduciaries are regular buyers. Banks have purchased to date approximately 6 percent of the total. Savings Bonds are sold on a discount basis and increase, if not redeemed for 10 years, to a cash value 33-1/3 percent greater than their purchase price. They are sold in maturity denominations of $25, $50, $100, $500, and $1,000. r% v3?asii**3 Of these, the $25 unit— present price $18.75— IS now slightly the more popular, accounting for approximately 27.6 percent of sales. The $100 unit— price $75.00— is second with 26.5 percent of sales. The $50.00 unit follows with 19.47 percent. present The $1,000 unit is accredited with 16.4 percent. The metropolitan cities of 100,000 population and over account for 46.71 percent of the sales. Rural communities, towns, and villages of 10,000 and less population account for 29.75 percent, while the lesser cities show 23.54 percent. The State of Illinois has been almost constantly the leading state both in amount of sales and number of bonds bought. Attached is a tabulation of sales of United States Savings Bonds by states arranged accordii^.^t^p^iari.ty of the amounts sold during the month of October. TREASURY DEPARTMENT Washington FOR RELEASE, USMUttG NEWSPAPERS, F rid a y. December 11« 1956._____ 12/10/56. Press S e rvice No. a _ a The S ecretary o f the Treasury announced today th a t more than 700,000 in v e sto rs throughout the country have purchased to date approximately $690,000,000, m aturity v a lu e, o f United S ta te s Savings Bonds. _ The s a le o f Savings Bonds began oh March 1 , 1955j and of^$l,000,000, m aturity v a lu e, o f these bonds have been bought each business December s a le s Saa$r a ttrib u te d to the purchase o f Savings Bonds ty /v r e c ip ie n ts o f dividends, wage in c re a se s, and b o n u s e s rw»foaling pniAimbpiiimitmUl^ CN-L-'i-O . T iw u u » , ihe Treasury Department i s re«ffinìafaegih. o f r ceivin g orders fo r United S ta te s Savings Bonds to be d is trib u te d to l i s t s o f employees as Christmas bonuses. fei4pewi«»eJ»'fgyeat»■HBHbeT|B'M (UU w '* lil9ui,i|U J ^ t m A A Qtwit sc Savings Bonds fo r Christmas g i f t S j ^ ^ X ^ & ** U* tAjM,?*# q J A The perm issible maximum o f United S ta te s Savings Bonds which may be r e g is tered in the name o f any one owner in any calendar ye a r i s $10,000, m aturity v a lu e . The postm asters rep o rt th a t many present owners are purchasing addi tio n a l bonds to bring th e ir t o t a l purchases ibr t h is y e a r to th is maximum. Also many who are not owners o f Savings Bonds are buying th is le g a l maximum p rio r to December 5 1 s t, in order th a t they may have, by purchasing on or a f t e r January 1 , 1957, the maximum perm itted to be re g is te re d in the name o f any one owner fo r the ye ars 1956 and 57. TREASURY DEPARTMENT EOR RELEASE, AFTERNOON NEWSPAPERS, Friday, December 11, 1936,_____ _ 12*-10~36. Press Service No• 9“*9 The Secretary of the Treasury announced today that more than 700,000 investors throughout the country have purchased to date approximately $690,000,000, maturity value, of United States Savings Bonds. The sale of Savings Bonds "began on March 1, 1935; and an average of more than $1,000,000, maturity value, of these "bonds have "been "bought each "business day since that date. Sales for the first ten days of the present month indicate that December will show total sales substantially exceeding the average. These increased December sales are attributed in part to the purchase of Savings Bonds by recipients of dividends, wage increases and bonuses. The Treasury Department is also receiving orders for"United States Savings Bonds to be distributed to lists of employees as Christmas bonuses. Savings Bonds are also being purchased for Christmas gifts to an increased extent.■ The permissible maximum of United States Savings Bonds which may be registered in the name of any one owner in any calendar year is $10,000, maturity value.' The postmasters report that many present owners are purchasing additional bonds to bring their total purchases for this year to this maximum. Also many who are not owners of Savings Bonds are buying this legal maximum prior to December 31st, in order that they may have, by purchasing on or after January 1, 1937, the maximum permitted to be registered in the name of any one owner for the years 1936 and 1937, Approximately 54,000 individual purchases of these bonds have been made on the average each month. Although many of these are repeat orders from investors who are undertaking systematic savings through the regular purchase plan, buying a bond each week, each month, or at other regular intervals, more than 25,000 new purchasers have been recorded for each 30 days. Savings Bonds may be purchased in the names of two — two — but not more than individuals, and this co-ownership is proving popular, notably in the case of husbands and wives. Men are buying in a somewhat larger ratio Trust accounts and other fiduciaries are regular buyers. than women. Banks have purchased to date approximately 6 percent of the total. Savings Bonds are sold on a discount basis and increase, if not redeemed for 10 years, to a cash value 33-1/3 percent greater than their purchase price. They are sold in maturity denominations of $25, $50, $100, $500, and $1,000. Of these, the $25 unit — present price $18.75 — is now slightly the most popular, accounting for approximately 27.6 percent of sales. The $100 unit — price $75.00 — is second with 26.5 percent of sales. 19*47 percent. The $1,000 unit is accredited with 16.4 percent. present The $50. unit follows with The metropolitan cities of 100,000 population and over account for 46.71 percent of the sales. Rural communities, towns, and villages of 10,000 and less population account for 29.75 per cent, while the lesser cities show 23.54 percent. The State of Illinois has been almost constantly the leading state, both in amount of sales and number of bonds bought. Attached is a tabulation of sales of United States Savings Bonds by states arranged in the order of the amounts sold during the month of October. -3PRELIMINARY STATEMENT OF SALES CF .UNITED STATSS SAVINGS BONDS FOB OCTOBER 1936 STATE MATURITY VALUE ILLINOIS---------------------------------------------- $ 2,863,875 NEW Y O R K ---------2,047,950 O H I O ---- ---------------------------------- --------- - 1,702,950 PENNSYLVANIA------------------------------------------- 1,698,650 INDIANA-----------------------'-------------. ------------ 1,531,375 CALIFORNIA----------------------------------------- ~ ~ 1,364,125 MINNESOTA-----------------------1,347,850 WISCONSIN----------------------------------------------- 1,180,450 IO V A ---------------------------------1,121,825 MISSOURI-----------------. ----------------------------976,375 899,775 MICHIGAN------ '--------------------------------------T E X A S -------876,975 KANSAS ----------------------------------------------- 677,450 WASHINGTON--------605,475 NEBRASKA---------------------------------------542,325 MASSACHUSETTS------------------------------------------505,825 COLORADO ~ ~ ------------------------------------------489,200 NEW J E R S E Y --------------------------------------------487,525 GEORGIA ------------------------------------------486,225 OKLAHOMA----------------------------------------------439,600 MARYLAND----------------------------------------------422,450 VIRGINIA----------------------------------------------364,725 ARKANSAS-------------------348,275 KENTUCKY ----------------------------------------------341,300 DISTRICT OF COLUMBIA-------------339,475 FLORIDA ----------------------------------------------286,250 OREGON ------------------------------------------------285,200 NORTH CAROLINA----------------------------------------278,450 ALABAMA------ -----------------* -----------------------277,800 MONTANA-----264,075 TENNESSEE----------------------------------------------230,000 CONNECTICUT-------------------205,225 SOUTH D A K O T A -----------------203,850 MISSISSIPPI------ ------------- * ---------------------186,500 NORTH D A K O T A ---------------------------------181,475 LOUISIANA---------------------------------165,975 VEST VIRGINIA------------------------------------------155,350 SOUTH CAROLINA------------------------------------------153,775 MAINE------------------- -----------------------------93,475 IDAHO-------------------87,250 ARIZONA------------------------------------------------82,700 NEVADA---------- .------------------------- ?----------69,725 NEW HAMPSHIRE---------------------------------: --------58,550 DELAWARE-----------------------------------52,550 W Y O M I N G ----------------------------------------------51,500 U T A H -----------------47,375 NEW M E X I C O ------------------------------------- ~ - .•«*■ ^ 36,275 RHODE ISLAND ------------------------------------------34,375 VERMONT------------------------------------------------18,625 T O TAL ---------------------------$27,168,350 POSSESSIONS OF THE UNITED STATES ---------------------------- 53,950 GRAND T O T A L ---------- ~ ~ -, - -,---- ------- $27,222,300 ooOoo fÉmBínir » ¿ ü a i ? i p i m FOR UMgDlATS F rld ay. Dooamber 11« 1936», S » rrie» ^ 0 Saoret&ry a f th» Traawary Morgenthau today announead th# »nbaariptl©a fl««r»a and t i» M a la ©f a llo t a a a t f©r th a ©a#h o ffe r ln g ©f 8-1/8 parcent Treasury Banda ©f 1949-58. Raparla reeelT ed fram tha Fadaral Raaarra han*» ahaw tfcat subacrlptio n a f a r th© eaah o ff e r ln g , *hi«h *a» fo r #700,000,500, o r tfcereabout», aggregat® #4,959,000,000. S»b#ariptiona l a aaoanta ap l a and inoluding #1,000 «ara a llo t t a d la ffcU aad thos® l a amounts a r a r #1,000 wara a l lo tta d / percant, but n a l la»» thaa #1,000 aa aay aaa subsorip- 4 loa. P relim iaary rep orta o f axahaaga au b sorlp tio n s, l a payaent o f whicb Treasury Rota» o f Soria» B-1955, m ia r la « Baaamhar 15 , 1955, aad o f Soria» 0-1957, m atarla« Fafemar? 1 5 , 19 57, »ara t«adarad, in d íca te th a t praat i c a l l y a l l a f tba matarla« nota» Rara baan archangad. Thaaa aotaa wara aeceptable l a payment f a r th a aaw bonds, a r f a r tha 1-1/4 parcent T ra aiary Kola» o f S a rla a 0-1941. Fort bar d e ta ll» a» to sabaariptlon» and a llo ta e n ts w l l l ba announoed «han f i n a l ra p a rla ar» reeelTed from th» Federal Re »erre banks. TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Friday, Decenter 11, 1936. Press Service No. 9-10 Secretary of the Treasury Morgenthau today announced the subscription figures and the basis of allotment for the cash offering of 2-1/2 percent Treasury Bonds of 1949-53. Reports received from the Federal Reserve banks show that subscriptions for the cash offering, which was for $700,000,000, or thereabouts, aggregate $4,959,000,000. Subscriptions in amounts up to and including $1,000 were allotted in full and those in amounts over $1,000 were allotted 15 percent, but not less than $1,000 on any one subscription. Preliminary reports of exchange subscriptions, in payment of which Treasury Notes of Series B-1936, maturing December 15, 1936, and of Series C-1937, maturing February 15, 1937, were tendered, indicate that practically all of the maturing notes have been exchanged. These notes were acceptable in payment for the new bonds, or for the l-l/4 percent Treasury Notes of Series C-1941. Further details as to subascriptions and allotments will be announced when final reports are received from the Federal Reserve banks. ooOoo TREASURY DEPARTMENT Washington The summary in the statement setting forth the principal financing operations of the Treasury Department in the period December 1, 1933, to December 15, 1936, which was released for publication in morning newspapers of Monday, December 14, 1936, should be amended to read as follows: SUMMARY Gross debt on November 30, 1933 Treasury bills issued (net) . . . . . . . . . . .$1,100.3 Adjusted Service bonds issued (net) 462.8 U, S. Savings bonds issued (net). . . . . . . . . . 448.9, New financing, as above ............ . .$24,199.0 less: 1. Refinancing of debt out standing Nov. 30, 1933. .$12,018.1 2. Refinancing of issues subsequent to Nov, 30, 1933 ........ . . . . . . 4,070.3 16,088.4 Net increase in special certificates of indebtedness, special notes, matured debt and debt bearing no interest . ........... Net increase in debt ........ $23,534.1 8,110.6 575.5 . . . . . . Gross debt on December 9, 1936, adjusted t© reflect Decem ber 15, 1936 financing (including $400.4M Treasury bills maturing on that date) 10,698,1 .34,232.2 This change is necessary in order to reflect the payment of $400,000,000 in Treasury bills maturing December 15, 1936, TREASURY DEPARTMENT Washington The attached statement, summarizing the principal financing operations of the Treasury Department in the period December 1, 1933, to December 1$,1936, is released for publication in morning newspapers of Monday, December 14, 1936. -ooOoo- PRINCIPAL TREASURY FINANCING OPERATIONS. DECEMBER I, (Excludes Treasury Bills and ________ ________ (In United M illions CERTIFICATES OF INDEBTEDNESS RATE DATE OF ISSUE TERM 1933. TO DECEMBER 15, States of Savings Bonds) Dollars) TREASURY ¡NOTES AMOUNT RATE December 1» 1933 Fending exchanges TERM - December 15» 1933 2-1/4% $992.5 January 29, 1934 W/2% 524.7 February 19 f 1954 March 15, 1934 - RATE m • - - $528.1 - TERM AAOUNT TOTAL AMOUNT $54.6 $54.6 - - 992.6 - 2-1/2% 134 H». - 1,052.8 3-1/2%* 3% 22 mo. 3 y r. 418.3 428.7 - - - 847.0 4 y r. 455.2 - - - 456.2 m April 16, 1934 TREASURY BONOS WXJNT - - 1936 - - - 3-1/4% 12 y r. 1,062.0 1,062.0 JUne 15, 1934 2- 1 / 8% 5 y r. 528.5 3% 14 y r . 824.5 1,353.0 September 15, 1934 1-1/2% 2-1/2% 2 y r. 4 y r. 514.1 3-1/4% 12 y r. 458.9 1,567.4 December 15, 1934 . - 4 ( 2- 1 / 8% n o te s a d d itio n a l to June 15, 1934 is s u e ) n m 18 mo. 5 yr 765.2 686.6 3-1/8% 18 y r. 491.4 1,943.2 March 15, 1935 1- 5 / 8% 5 y r. 513.9 to A p ril m June 3, 1935 (A dditional to June 15, 1934 is s u e ) |JUne 15, 1935 (1-5/8% n o te s and bonds ad d i tio n a l to March 15, 1935 I s s u e ] 1- 5/ 8% 1-1/2% ¡JUly 1, 1935 (Bonds a d d itio n a l to JUne 15, 1934 is s u e ) » jju ly 15, 1935 • ¡August 5 , 1935 (A dditional to March 15, 1935 is s u e ) 2-7/8% 25 y r. 1,566.0 2,071.9 3% H yr 96.7 98.7 2-7/8% 25 y r. 746.4 2*349.3 - 3% 14 y r . 112.7 112.7 526.2 * ** 5 y r. 5 yr 864.5 738.4 - 1-3/8% | JUlX d |f lio n a f to March 15, 1935 I s s u e ) 5 9 6 .4 yr* - 526.2 • • • 2-7/8% 25 y r . 102.0 102.0 - - - 2-7/8% 26 y r . 106.6 106.5 - - 2-7/8% 25 y r . 9 8 .2 98.2 1 [August 19, 1935 (A dditional to March 15, 1938 I s s u e ) (September 16, 1935 Ir 1/2% 3* y r . 941.8 2*3/4% 12 y r . 568.7 1,510.3 (December 15, 1935 (A dditional to September 16, 1935 1 s s u e ) ( bonds) 1-1/2% 5 y r. 737.2 2-3/4% 12 y r. 645.7 1,382.0 [March 16, 1936 1-1/2% 5 y r. 676.7 2*3/ 4% 16 y r . 1,223.6 1,900.2 •tone 15 , 1936 1-3/8% 5 y r. 503.9 3-3/4% 18 y r. 1,828.7 2 ,1 3 0 .6 - - 2-3/4% 23 y r. 981.8 981.6 5 y r. 205.0 2-1/2% 17 y r . 1,295.0 1,500.0 12.0*3.3 24.199.0 Septem ber December 15 , 1936 - 15, 1930 TOTAL: 1-1/4% 1 .5 1 7 .2 10.628.5 StitKABT G ross d e b t on November 3 0 , 1933- - - - - - - - - - T reasu ry b i l l s Issu e d ( n e t ) - ------- --------- — — - A djusted S e rv ic e bonds is s u e d ( n e t ) ----------- - — — U. S. Savings bonds iss u e d ( n e t ) - - - - - - - - - NSw fin a n c in g , a s a b o v e --- ----- - — - — - $ 2 4 ,1 9 9 .0 L ess: 1. R efin an c in g o f d e b t o u tsta n d in g November 3 0 , 1933 - - - - - - $ 1 2 ,0 1 8 .1 2. R efin an c in g of is s u e s subse q u e n t to November 3 0 , 1933- -_ 4 .0 7 0 .3 16.088.4 Net In c re a se in s p e c ia l c e r t i f i c a t e s of in d e b te d n e ss, s p e c ia l n o te s , m atured d e b t and d e b t b e a rin g no I n t e r e s t - - - - Net in c re a s e in d e b t ----------- - - - — — - $23,534.1 $ 1 .6 0 0 .7 4 6 2 .8 448.9 . — G ross d e b t on December 9, 1936, a d ju ste d to r e f l e c t December 15 , 1936 f in a n c in g - - 1 1 .0 9 8 .5 £34,632.6 Treasury Department Washington rizfcjfi-the principal financing operations o^ the Treasniry Department in the period December 1, 1933, to December' 15, 1936, iiil 1 LIU i1h~ an 'ppr oxime t e summl"IJf!,liron ... . «esw^ittaeKas » TREASURY DEPARTMENT Washington j EAORANDUH FOR THE PRESS:' December 14, 1936.- RECEIPTS 0? SILVER BY THE MINTS AND ASSAY OFFICES;'✓ (Under Executive Proclamation of December 21, 1933) as amended Denvftn.. ,.......... . Total for week ended December 11, 1936.... .... Total receipts through December 11, 1936. ...... .... 632,438.48 fine t? 949,945.79 ft 10 !807.80 t t 1,593,192.07 i t 117,433,803.54 o ? o Week ended December 11, 1936: P"hi1 nrJfU rvhio ........ . H it n it SILVER TR/iNSFERRSD TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended December 11, 1936: P h i l a d e l p h i a , >...... , few York... ......... ............................ San Francisco.. ................................ . Denver.................................... New Orleans........................ Seattle..... .............,................. . •*•• Total for week ended December 11, 1936............ Total receipts through December 11, 1936........... 45,00 fine ounces 45V00 112,991,275.27 ti 1» 11 H 11 ir ti n it ir it h ir h RECEIPTS OF GOLD BY THE HINTS AND ASSAY OFFICES to CO Week ended December 11, 1936: Philadelphia................. New York................... San Francisco......... . Denver.<.... ......... New Orleans................... Seat tle...................... r Total for week ended December 11 New Imports_____ Secondary Domestic 3 6 2 .Ì50 $ 1 2 ,,3 5 7 ..14 $1 0 4 ,, 9 3 8 ..80 $ O 9 1 , 500.1D . 00 1 6 1 ,,9 0 0 , 2 2 , 7 0 2 , 4 0 0 ,. 00 2 7 ,, 9 4 9 ,. 26 2 ,.155 ,0 2 0 .0 5 2 2 4 , 1 0 3 .,82 654 ,7 1 4 .6 4 1 2 ,, 5 9 7 ..27 3 3 , 9 6 9 ,. 28 r. - - - ,1 0 4 , 83 3 2 , 2 3 9 ,. 57 -. „ r — -* -* *■ 204 ,608 .3 2 . 20 6 ., 0 1 6 , ¿a , 142 ,2 0 5 .5 1 V p O j . 3 6 ,506, $2 2 , 9 7 3 ,•0 6 9 , 81 ooOoo TRSáStm? s m i i i ® lâSHBÎGTOK Press Servies yor k elsàsb , mo&o tg nbwspapbrs Tuesday* December 15« 1936« 12/14/36 Î'U Secretary of the Treasury Morgeathau announced last evening that the tenders for two series of Treasury bills, to be dated December IS, 1936, which were offered on December 11, were opened at the Federal Reserve banks on Decern* her 14, 1936, Tenders were invited for the two series to the aggregate amount of #100,000,000, or thereabouts, and #854,676,000 was applied for, of which #100,830,000 was accepted* The details of the two series are as follows i 91-1&Y TR&4SURT KELLS. M S m im ISkSOH 17* 1937 For this series, which was for #50,000,000, or thereabouts, the total amount applied for was #163,961,000, of wfaieh #50,885,000 was aceepted* The aeeepted bids zanged in priee fro» par to 99.990, the latter being äquivalent to a rate of about 0*040 percent per anmia, on a bank discount basis* Only part of the amount bld for at the latter priee was aecepted* The average price of Treasury bills of this series to be issued is 99*990 and the average rate 1s about 0*03® percent per annum on a bank discount basis* 873-day * m m m m m u s , m w m m s s p T m c m is* m ? Far this series, which was for #50,OCR),000, or thereabouts, the total saount applied for was #90,715,000, of which #50,005,000 was accepted* The ac cepted bide ranged in priee from 99.968, equivalent to a rate of about 0*050 per cent per annum, to 99*855, equivalent to a rate of about 0.158 percent per annum, on a bank discount basis* Only part of the amount bid for at the latter priee was accepted* The average price of Treasury bills of this series to be issued is 99*911 and the average rate is about 0*117 percent per amsium on a bank dis count basis* TREASURY DEPARTMENT Washington FOR RELEASEMORNING NEWSPAPERS* Tuesday« December 15. 1,936» ____ 12-14-36. Press Service No. 9-11 Secretary of the Treasury Morgenthau announced last evening that the tenders for two series of Treasury bills, to be dated December 16, 1936,. which were offered on December 11, were opened at the Federal Reserve banks on December 14,' 1936. Tenders were invited for the two series to the aggregate amount of $100,000,000, or thereabouts, and $254,676,000', was applied for, of which $100,230,000 was accepted. The details of the two series are as followsi 91-DAY TREASURY BILLS. MATURING MARCH 17. 1937 For this series, which was for $ 50 ,000 ,000 , or thereabouts, the total amount applied for was $163,961,000, of which $50,225,000 was accepted. The accepted bids ranged in price from par to 99.990, the latter being equivalent to a rate of about 0.040 percent per annum, on a bank discount basis. part of the amount bid for at the latter price was accepted. Only The average price of Treasury bills of this series to be issued is 99.990 and the average rate is about 0.038 percent per annum on a bank discount basis., 273-DAY TREASURY RILLS. MATURING SEPTEMBER 15^ 1937 For this series, which was for $50,000,000, or thereabouts, the total amount applied for was $90,715,000, of which $50,005,000 was accepted. The accepted bids ranged in price from 99.962,. equivalent to a rate of about 0*050 percent per annum, to 99.885, equivalent to a rate of about 0.152 percent per annum, on a bank discount basis. price was accepted. Only part of the amount bid for at the latter The average price of Treasury bills of this series to be issued is 99.911 and the average rate is about 0.117 percent per annum on a bank discount basis. ooOoo OFFICE OF THE COMMISSIONER OF CUSTOMS December 14 , 1936, MR. FUSSELL (Room 289 - Treasury Department) FROM MISS HENRY: There are attached two ta b u latio n s fo r immediate re le a s e showing perlim inary fig u re s fo r imports o f commodities under the quota p rovision s o f the Canadian Trade Agreement, during the period from January 1 to November 28, 1936. When the re le a se has been mimeographed, p lease have 55 copies forwarded to me a t Room 415, Washington B u ild in g. IMPORTS OF DOUGLAS FIR AND WESTERN HEMLOCK UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT During the Period January 1 to November 28, 1936 (Prelim inary Figures) Customs D is tr ic ts TOTAL IMPORTS Per Cent o f Quota FROM CANADA B u ffa lo Connecticut Dakota Duluth & Superior Indiana Los Angeles Maine & N. H. Massachusetts Michigan New York P h ilad elp h ia Rhode Island St* Lawrence San Diego San Francisco Vermont Washington : : : : Sawed Timber and Lumber Not Douglas Western : F ir Hemlock : (Bd* F t.) (Bd. F t .) : 77,858,067 30,151,642 360,556 967,271 9,562,973 6,554,365 178,330 11,5 13 ,2 12 53,986 13,763,444 91,484 14 ,17 2 ,118 11,0 10 ,176 585,394 25,610 274,995 656 515,714 8,227,783 83,110 1,964,373 2,805,104 1,045,566 - 95,064 5,072 17,089,109 24,548 2,121,863 3,308,004 1,306,877 324 (Prepared bv DiYl -cn‘ r>T1- Q:f> ^t . a t _ t g . t i o . « , . , . « n r\ - 89,225 213,403 S p e c ia lly Provided For Mixed F ir : T o ta l F ir & Hemloek : & Hemlock (Bd. F t.) : (Bd. F t.) 35,466,340 - - - - 35,466,340 - - - —. 143,476,049 57.4$ 443,666 2,931,644 12,368*077 7,599,931 178,330 11,608,276 59,058 30,852,553 116,032 51,760,321 14,318,180 1,892,271 25,934 274,995 656 604,939 8,441,186 IMPORTATIONS OP CATTLE, CREAM AND CERTIFIED SEED POTATOES UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT During the Period January 1 to November 28, 1936 (Prelim inary Figures) Customs D is t r ic t s TOTAL IMPORTS Per Cent o f Quota FROM CANADA A laska b u ffa lo Chicago Dakota Duluth & Superior F lorid a Maine & N. H. Massachusetts Michigan Montana & Idaho New York S t . Lawrence Vermont V ir g in ia Washington T o tal from Canada D airy Cows 700 Pounds Or More (Head) 5,780 28.9% - 1 16 - 1,052 49 1 34 - 780 2,850 997 5,780 Cream ( G a l.) 35,194 2.3 °/0 17 - 108 - 26 - 13 1 - 7 35,022 35,194 White Or I r is h Seed Potatoes (Pounds) 42,706,240 (a) 94*9% « 106,500 - 92,650 180 3,619,372 3,322,310 1,826,485 300,510 g » 28,486,308 580 210,000 4,655,345 86,000 42,706,240 NOTE - Reports from the C o lle c to rs o f Customs i3how th at the quotas on c a t t le weighing le s s t than 175 pounds each and on c a t t le weighing 700 pounds or more each and not s p e c ia lly provided fo r have been f i l l e d . (a) - Includes 1,534,697 pounds o f seed potatoes imported during December, 1935, a t reg u la r ra te o f duty. (Fgffnnrftd hv-Ri vi ni on o f SjLSjiiatlfis and--ReeearctrT^Bureau o f Customs J7 Ä - ö : < ? - / /-» The Commissioner o f Customs today announced prelim inary fig u re s fo r imports o f commodities under the quota p rovision s o f the Canadian Trade Agreement, fo r ühe period January 1 to November 28, 1936, and the percentage that such imports bear to the t o ta ls allow able under the quota p ro v isio n s, as fo llo w s: / i TREASURY DEPARTMENT Washington EOR IM E D IATE RELEASE Tuesday, December 15» 1936. Press Service No. 9~12 The Commissioner of Customs today announced preliminary figures for imports of commodities under the quota provisions of the Canadian Trade Agree ment, for the period January 1 to November 28, 1936, and the percentage that such imports bear to the totals allowable under the quota provisions, as follows: IMPORTATIONS OF CATTLE, CREAM .AND CERTIFIED SEED. POTATOES UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT During the Period Janus,ry 1 to November 28, 1936 (Preliminary Figures) Customs Districts TOTAL'IMPORTS Per Cent of Quota FROM CANADA Alaska Buffalo Chicago Dakota Duluth & Superior Florida Maine & N.IV Massachusetts Michigan Montana & Idaho New York St, Lawrence Vermont Virginia Washington Total from Canada Dairy Cows 700 Pounds Or More (Head) 5,780 28.9% 1 16 1,052 49 1 34 .780 2,850 997 5,780 Cream (Cal.) 35,194 2.3$ 17 108 26 13 1 é 7 35,022 '- ; 35,194 White or Irish Seed Potatoes (Pounds) . 42,706,240 (a) 94.9$ & 106,500 92,650 .. 180 3,619,372 3,322,310 1,826,485 300,510 28,486,308 580 210,000 4,655,345 86,000 42,706,240 NOTE - Reports from the Collectors of Customs show that the quotas on^ cattle weighing less than 175 pounds each and on cattle weighing 700 pounds or more each and not specially provided for have been filled, (a) - Includes 1,534,697 pounds of seed potatoes imported during December, 1935, at regular rate of duty. ~ 2 - IMPORTS OF-DOUGLAS FIR AND WESTER!! HEMLOCK UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT During the Period January 1 to November 28, 1936 (Preliminary Figures) Customs Districts TOTAL IMPORTS Per Gent of Quota FROM CANADA Buffalo Connecticut Dakota Duluth & Superior Indiana Los Angeles Maine & N. H.. Massachusetts Michigan New York Philadelphia Rhode Island St. Lawrence San Diego San Francisco Vermont Washington : Sawed Timber and Lumber Not : Douglas : Western< : ï : Fir • Hemlock : (Bd. Ft.) i (Bd. Ft.) : Specially Provided For Mixed Fir î Total Fir & Hemlock : & Hemlock (Bd. Ft.) ! (Bd. Ft.) 77,858,067 30,151,642 35,466,340 360,556 967,271 9,562,973 .6,554,365 178,330 11,513,212 53,986 13,763,444 91,484 14,172,118 11,010,176 585,394 25,610 274,995 656 515,714 8,227,783 .83,110 1,964,373 2,805,104 1,045,566 95,064 5,072 17,089,109 24,548 2,121,863 3,308,004 1,306,877 324 *35,466,340 *— 89,225 213,403 " ~ooOoo~ 143,476,049 57.4$ 443,666 2,931,644 12,368,077 7,599,931 178,330 11,608,276 59,058 30,852,553 116,032 51,760,321 14,318,180 1,892,271 25,934 274,995 656 604,939 8,441,186 TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Tuesday, December 15, 1936. Press Service No. The Treasury received today the sum of $231,315.50 from the Government of Finland, representing a payment of principal in the amount of $67,000 and the semiannual payment of interest in the amount of $145,285.00 under the funding agreement of M ay 1, 1923, and $19,030.50 as the seventh semi annual annuity due under the Moratorium Agreement of May 25, 1932. This payment represents the entire amount due from the Government of Finland and was paid in cash through the Federal Reserve Bank of New York TREASURY DEPARTMENT Washington A» FOR IMMEDIATE REL EASE, Monday, December 1 16, 1939. Press' Service No >3/, The Treasury received today the sum of $20©74&£br@O from the Government of Finland, representing a payment of principal in the amount of $6^,000 i¥e~ iris;** and the semiannual payment of interest in the amount of $14' 6"f48^' r5€> under the funding agreement of May 1, 1923, and $19,030.50 as the frfrfrh semiannual J • annuity due under the Moratorium Agreement of May 23, 1932. This payment 1(' * l ’ '1 l i. ^ represents the entire amount due from the G-overnment of Einlami and was paid in cash through the Federal Reserve Bank of New York. ■1 W \ ooOoo tf yilX'VK4vV^ v Tmj&m wpAHaem Washington FOR m m U T & REIMS!* Tuesday, December X8, 193d. **•«» Servie® Up * Tb« Treasury received today the eua of #231,315.50 fron the Government of Finland, representing a payment of principal In the amount of #67,000 and the semiannual payment of Interest In the amount of #145,205.00 under the funding agreement of May X, 1923, and #19,030*50 as the seventh semi annual annuity due under the Moratorium Agreement of May 23, 1932* Thia payment represent« the entire amount due from the Government of Finland and uas paid In cash through the Federal Beeerve Bank of Mew Toste* murnm xmiamMs Washington Presa Servi co ? m immiUTÀ BEUUSS, TUesday* Decomber 15» 1955« Ko* Die Treasury recaived today thè som of $331» 515# 50 frora thè Government of Finland, repreaenting e payment of J Principal in thè asaount of #67»G00 and thè eemianimai payment _ / of interest in thè araount of #145,285* 00 under thè fundlng / / agreement of May 1» 1933» and #19,030.50 aa thè aeventh semi« animai annuity due under thè Moratorie* Agreement of Bay 33» 1932. This payment representa thè antire aaount due fremi thè Government of Finland and vas paid in cash through thè Federai Reserve Bank of Bev York. TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Tuesday, December 15, 1936. ' Press Service No. 9-13 The Treasury received today the stun of $231,315.50 from the Government of Finland, representing a payment of principal in the amount of $67,000 and the semi-annual payment of interest in the amount of $145,285.00 under the funding agreement of May 1, 1923, and $19,030,; 50 as the seventh semi annual annuity due under the Moratorium Agreement of May 23, 1932. This payment represents the entire amount due from the Government of Finland and was paid in cash through the Federal Reserve Bank of New York. ooOoo 8 1*1/4 PSROSSHT TBKASOHY N0T13 OF S1HX8S 0-1941 Federal Reserve Dlstriet Total Exchange Subscript ions Received ^December Rotes) Total Exchange Subscriptions Received (February Rotes) Total Exchange 1 Subscriptions Received (Allotted in full]] Boston Rev York; Philadelphia Cleveland Richmond Atlanta Chicago St* Louis Minneapolis Kansas City Dallas San Francisco Treasury TOTAL $ 8,001,900 76,135,600 1,964,600 1,435,100 1,803,600 886,700 3,437,100 8,343,800 8,518,400 690,900 109,700 1,338,400 135.400 $93,994,900 $ 4,828,800 79,047,800 5,377,100 9,799,300 1,348,100 153,300 3,877,800 645,000 4,378,900 949,100 156,700 8,379,000 78,000 $112,800,300 $ 6,830,700 155,133,400 7,341,700 11,834,400 3,345,700 440,000 6,714,300 8,908,500 6,891,300 1,640,000 866,400 3,711,400 807,400 $206,795,200 Total Total Total Total Cash allotment of Bonds Bxcbange allotment of Bonds Bonds allotted Rotes allotted Total Bonds and Rotes allotted ¿a $ 731,436,790 551,818.700 $1,302,649,430 806.795.800 $1,309,444,680 TBM8 0 WC DEPARTMENT Washington Prass S ervice for r elea se , mohninc n p b p a p s r s # Wednesday. December 16 , 1956» 12/15/36 e > - < i Secretary o f th e Treasury Morgenthau today announced th e f i n a l su bscrip tion and allotm ent fig u r e s w ith respect to the current o ffe r in g o f 8-1/8 percent Treasury Bonds o f 1949-53 and 1-1/4 percent Treasury Rotes o f S e rie s 0-1941* Subscriptions and allotm en ts were divided among the s e v e ra l Federal Reserve dist r l e t s and the Treasury as fo llo w s : 8-1/8 PERCENT TREASURY BOMBS OF 1949-53 Federal Reserve D is t r ic t Boston Row Tork P h ilad elp h ia Cleveland Richmond A tlan ta Chicago St* Louis Minneapolis Kansas C ity D a llas San Francisco Treasury TOTAL Federal Reserve D is t r ic t Boston Hew Tork P h ilad elp h ia Cleveland Richmond A tla n ta Chicago St* Louis Minneapolis Kansas C ity D allas San Francisco Treasury TOTAL T o ta l Cash Su bscrip tion s Received T o ta l Cash Subscriptions A llo tte d $ 447,164,800 8,481,950,900 305,678,000 310,184,800 151,279,100 141,498,850 464,570,250 136,293,650 6 5,113,150 99,478,300 88,340,250 314,084,800 6,032,350 $4,951,668,000 $ 67,426,560 363,988,700 46,880,150 47,781,650 23,313,450 £1,869,850 71,496,400 20,213,600 10,157,050 15,901,700 13,952,250 47,490,600 966|000 #751,436,750 T o ta l Exchange Su bscription s Received (December Notes) $ 6,164,600 142,784,000 1,743,800 3,731,700 23,989,600 1,381,900 50,333,900 8,561,600 1,246,200 3,669,300 1,522,100 4,311,600 3.770.900 -#255,211,800 * , * , T o ta l Exchange Su bscrip tion s Received (February Notes) T o ta l Exchange Subscriptions Received (A llo tte d in f # 6,069,800 187,837,700 4,332,400 4,313,900 6,014,500 3,131,800 40,514,600 3,190,400 2,776,700 9,505,000 3,686,700 13,329,300 6.249.000 #296,001,500 $ 12,234,400 330,681,700 6,186,200 8,045,600 32,004,100 4,813,400 90,843,500 11,752,000 4,022,900 13,174,300 5,208,800 22,640,900 10.019.900 #351,212,700 TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Wednesday, December 16, 1936. 12/15/36 Press Service No. 9-14 Secretary of the Treasury Morgenthau today announced the final subscription and allotment figures with respect to the current offering of 2~l/2 percent Treasury Bonds of 1949-53 and l-l/4 percent Treasury Notes of Series 0-1941. Subscriptions and allotments were divided among the several Eederal Reserve districts and the Treasury as follows: 2-1/2 PERCENT TREASURY'BONDS OF 1949-53 Federal Reserve Total Cash Total Ca,sh District Subscriptions Subscriptions ______________________________ Received_____________________________Allotted_____ Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Treasury TOTAL Federal Reserve District Boston New York Philadelphia Cleveland Richmond Atlanta. Chicago St, Louis Minneapolis Kansas City Dallas San Francisco Treasury TOTAL 44? ,164,800 2,421 ,950,900 305 678,000 310/,184,200 151 ,279,100 141 ,498,250 464 ,570,250 136 ,293,650 65 ,113,150 99 ,478,300 88 ,340,250 314 ,084,800 ______ 6>,032,350 Lj___ $ 4,951,668 ,0 0 0 Total Exchange Subscriptions Received (December Notes) $ 6,164,600 142,784,000 1,743,800 3,731,700 25,989,600 1,381,900 50,333,900 8,561,600 1,246,200 3,669,300 1,522,100 4,311,600 3,770,900 $255,211,200 Total Exchange Subscriptions Received (February Notes) $ 6,069,800 187,837,700 4,382,400 4,313,900 6,014,500 3,131,500 40,514,600 3,190,400 2,776,700 9,505,000 3,686,700 .18,329,300 6,249,000 $296,001,500 $ 67 ,425,350 f 363 988,700 46 880,150 47 ,781,650 23 ,313,450 21 869,850 71 496,400 20 r213.600 10 .157,050 15 ,901,700 13 952,250 47 490.600 966,000 $ 751 ,4, 36,750 Total Exchang Subscriptions Received (Allotted in $ 12,234,400 330,621,700 6,126,200 8,045,600 32,004,100 4,513,400 90,848,500 11,752,000 4,022,900 13,174,300 5,208,800 22,640,900 10,019,900 $551,212,700 ~ 2 1-1/4 PERCENT TREASURY NOTES OF SERIES C-1941 Federal Reserve District Total Exchange Subscriptions Received (December Notes) Total Exchange Subscriptions Received (February Notes) Total Exchan, Subscription; Received (Allotted in Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Treasury TOTAL $ 2,001,900 76,135,600 1,964,600 1,435,100 1,803,600 286,700 3,437,100 2,343,500 2,318,400 690,900 109,700 1,332,400 135,400 $93,994,900 $ $ Total Total Total Total Total 4,828,800 79,047,800 5,377,100 9,799,300 1,542,100 153,300 3,277,200 645,000 4,572,900 949,100 156,700 2,379,000 72,000 $112,800,300 6,830,700 155,183,400 7 i341^700 11,234,400 3,345,700 440,000 6,714,300 2,988,500 6,891,300 1,640,000 '266^400 3,711,400 207,400 $206,795,200 Cash allotment of Bonds ...... $ 751,436,750 Exchange allotment of Bonds .. 551.212.700 Bonds allotted .............. $1,302,649,450 Notes allotted......... ..... 206.795.200 Bonds and Notes allotted .... $1,509,444,650 oOo— Customs D is t r ic t s : : Coconut O il (Pounds) S UGA R S Refined :, Unrefined (Pounds; $ (Pounds) • : ;Cordage* : (Pounds) TOTAL IMPORTS Per Cent o f Quota 302,971,270 67.6% 10 1,2 9 1,113 90 .4% 1 ,737,193,984 96.9% 3,848,602 64.1% CUSTOMS DISTRICTS Chicago G alveston Georgia Hawaii Los Angeles Maine & N. H. Maryland M assachusetts Michigan New Orleans New York Ohio Oregon P h ilad elp h ia Puerto Rico Rhode Island S t . Lawrence S t . Louis San irrancisco V irg in ia Washington Wisconsin 17,6 12 ,170 3,250,500 29,209,920 -• 47,766,880 159,862,761 9,302,592 11,508 35,951,189 3,750 - 20,399,425 499,329 3,744,293 26,719,007 7,133,357 42,795,702 - 11,922,506 14 ,8 18 ,7 11 1 1,6 17 81,623,296 37,956,448 ■ 296,315,680 508,035,265 89,240 655,764,687 130,618,452 38,082 - 314,920 83,653 459,130 330,048 4,530 ’30,496 6,251 36,294 1,2 17,53 4 2,048 110,058 1 1 ,3 7 1 124,622 13,615 1,837 128,876 721,953 17,679 145,690 87,997 * Quota year commenced May 1* (Prepared by,_Dixialon o f S ta t is t i c s an&. The Commissioner of Customs today announced preliminary figures for imports of commodities coming into the United States from the Philippine Islands, under the quota provisions of the Philippine Independence Act and the Cordage Act of 1955, for the period January 1 to November 28, 1936, and the percentages that such imports bear to the totals allowable under the quotas, as follows: S ta OFFICE OF THE COMMISSIONER OF CUSTOMS December 1 5 , 1936 MR* FUSSELL Room 289 - Treasury Department FROM MR* FREEMAN: There i s attached a tab u latio n fo r immediate re le a s e showing prelim inary fig u re s fo r imports o f commodities coming in to the United S ta te s from the P h ilip p in e Isla n d s, under the quota pro v is io n s o f the P h ilip p in e independence Act and the Cordage Act o f 1935, fo r the period January 1 to November 28, 1936. When t h is ta b u latio n has been mimeographed, w i l l you k in d ly have 20 copies forwarded to me a t Room 415, Washington Bldg*? TREASURY DEPARTMENT Washington Press Service No. 9-15 POR IMMEDIATE RELEASE Wednesday* December 16, 1936. The Commissioner of Customs today announced preliminary figures for imports of commodities coming into the United States from the Philippine Islands, under the quota provisions of the Philippine Independence Act and the Cordage Act of 1935, for the period January 1 to November 28, 1936, and the percentages that such imports bear to the totals allowable under the quotas* as follows: .* Customs Districts TOTAL IMPORTS Per Cent of Quota CUSTOMS DISTRICTS Chicago Galveston Georgia Hawai i Los Angeles Maine & N.H. Maryland Massachusetts Michigan New Orleans New York Ohio Oregon Philadelphia Puerto Rico Rhpde Island St. Lawrence St. Louis San Francisco Virginia Washingt on Wisconsin j Coconut Oil ? (Pounds) S U G A R S Unrefined Refined i (Pounds') : (Pounds) 302,971,270 67,6$ 101,291,il3 90.4$ - 20,399,425 499,329 - h 17,612,170 3,250,500 29,209,920 47,766,880 159,862,761 - -. 9,302,592 11,508 - 35,951,189 3,750 - 3,744,293 26,719,007 7,133,357 ~ 42,795,702 ** *Q,uota yea„r commenced May 1. — oOo— 1,737,193,984 96.9$ Cordage* (Pounds) 3,848,602 64.1$ 314,920 11,922,506 83,653 -r 14,818,711 459,130 11,617 330,048 4,530 . 81,623,296 37,956,448 30,496 6,251 36,294 296,315,680503,035,265 1,217,534 2,048 110,050 89,240 S" 655,764,687 11,371 124,622 13,615 — 1,837 '— 128,076 130,610,452 721,953 — 17,679 30,002 145,690 — 07,997 TREASURY DEPARTMENT Washington POR IMMEDIATE RELEASE, «Jià^agr, OeluTJëf l b , T ^ b . "yh-‘ Press Service No »*--8sffiy f-/é « .r % ' Net market purchases of Government securities for Treasury investment "1L4V^t ~$j&ahS' accounts for the calendar month of Soptamber, 1936, amounted to Secretary Morgenthan announced today. 00O 00 I ' y f/=2 ò o o j j j TREASURY DEPARTMENT O F F IC E O F T H E S E C R E T A R Y COM M ISSIONER OF W A S H IN G T O N A C C O U N T S AND D EPO SITS December ?, 1926* TO MR. GASTON: During the month of November, 1936, the following market transactions took place in Government securities for in« vestment accounts: Total purchases » • « • • • «$5,912,300 Total saies • « • • • • • » **Q** Net purchases ,$5,912,300 TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Thursday, December 17, 1536 Press Service • 9-16 Net market purchases of Government securities for Treasury investment accounts for the calendar month of November, 1936, amounted to $5,912,300, Secretary Morgenthau announced today. ooOoo 7 The U. S. Coast Guard today completed plans fo r the launching o f three new Coast Guard Cutters and announced the names o f those who have accepted in v ita tio n s to serve as sponsors. The C u tters, named in honor o f former S e c re ta rie s o f the Treasury, are: JOHN C. SPENCER, ALEXANDER HAMILTON and GEORGE M. BIBB. Mrs. Stephen B. Gibbons, w ife o f the A s s is t ant Secretary of the Treasury , w i l l be sponsor o f the JOHN 0. SPENCER to be launched on January 6, a t the Brooklyn Navy Yard. The C utter w ill be statio n ed at Cordova, Alaska. Hamilton, (g re a t-g re a t-granddaughter) Mijgps. Mary Schuyler/ o f Elmsf or d, 5o'Fiidaiit '“'of Alexander Hamilton, w i l l serve as sponsor o f the ALEXANDER HAMILTON which a lso wiljlbe launched a t Brooklyn Navy Yard on January 6. The C utter w i ll be statio n ed a t San F rancisco. Miss Katherine McReynolds, daughter o f W illiam H. McReynolds, A dm inistrative A ssista n t to the Secretary of the Treasury, w i l l sponsor the launching o f the GEORGE M. BIBB a t Charleston Navy Yard, C harleston, S .C ., on January 14. The BIBB w i l l be stationed a t San Juan, Puerto Rico. The three c u tte rs e£ch are 527 f e e t long and have a beam o f 41 f e e t . Each d isp la ces 2,000 tons and i s capable o f a speed of 20 knots, carryin g a crew o f 1 1 commissioned o f f ic e r s , 5 warrant o f f ic e r s and 112 e n lis te d men. TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Sunday, December 20, 1936._____ 12-17-36. Press Service No. 9-17 The U.S. Coast Guard today completed plans for the launching of 3 new Coast Guard Cutters and announced the names of those who have accepted invitations to serve as sponsors. The Cutters, named in honor of former Secretaries of the Treasury, are: JOHN C. SPENCER, ALEXANDER HAMILTON and GEORGE M. BIBB. Mrs. Stephen B. Gibbons, wife of the Assistant Secretary of the Treasury, will "be sponsor of the JOHN C. SPENCER to "be launched on January 6, at the Brooklyn Navy Yard. The Cutter will "be stationed at Cordova, Alaska. Miss Mary Schuyler Hamilton, of Elmsford, N.Y., great-great-granddaughter of Alexander Hamilton, will serve as sponsor of the ALEXANDER HAMILTON which also will "be launched at Brooklyn Navy Yard on January 6. The Cutter will "be stationed at San Francisco. Miss Katherine McReynolds, daughter of William H. McReynolds, Administra tive Assistant to the Secretary of the Treasury, will aponsor the launching of.the GEORGE M. BIBB at Charleston Navy Yard, Charleston, S.C., on January 14. The BIBB will "be stationed at San Juan, Puerto' Rico. The three Cutters each are 327 feet long and have a "beam of 41 feet. Each displaces 2,000 tons and is capable of a speed of 20 knots, carrying a crew of 11 commissioned officers, 5'warrant officers and 112 enlisted men. ooOoo - 8- ¿avings bonds are issued l a convenient denominations o f $25, #50, |100, $800 and #1,000, m aturity v a lu e, and only in re g is te re d form, the same and address o f the owner being in scrib ed on the fa c e o f each bond and recorded a t the Treasury Department* They are not tra n sfera b le* Sav in gs bonds may be re g iste re d in the name o f a s in g le in d iv id u a l, or in the names o f two in d iv id u a ls as co-owners, or in the name o f an in d ivid u a l with a s in g le designated b e n e fic ia ry in case o f death; they may a ls o bs re g iste re d in the names of f id u c ia r ie s , corp o ratio n s, a s s o c ia tio n s , e t c . United S ta te s Savings Bonds are o ffere d p rim arily fo r the sm all in v e s to r, and the amount issued during any one calendar year which may be held by any one person i s lim ited by law to a maximum o f $10,000 m aturity value* This lim ita tio n a p p lies sep a ra tely to bonds issued during each calendar year, and accord in gly one may hold the maximum amount fo r each year* The s a le o f savings bonds was inaugurated March 1 , 1935, and to November 30, 1938, cash re c e ip ts from the s a le s o f these bonds aggregated $506,788,000 rep resen tin g bonds w ith a m aturity valu e o f about 1675,000,000. During the same period cash redemptions a t the option o f owners aggregated $88,848,000* treasury m P A m m m iash in gtoa FOB IMMEDIATE RELEASE, ffhuredayw - December Pry- 1936« Press S ervice Ho. i& f it f a * ■<“ '° !3 k Secretary o f the Treasury Morgenthau announced today th at beginning January 1 , 1937, a new a e rie s o f United S ta te s Savings Bonds would be o ffe re d f o r s a le . The new s e r ie s i s designated S e rie s C, to d iff e r e n t ia t e th ese bonds fro» those sold p rio r to January 1» 1937» The issu e p r is e o f the bonds o f S e rie s 0 Is the same as fo r the bonds o f S e rie s B, the s a le o f which w i l l term inate on December 3 1, 193d* The new s e r ie s i s governed by Treasury Department C irc u la r lo« 571, dated December 16, 1936» Savings bonds are on s a le a t post o f f ic e s o f the f i r s t , second and th ird c la s s e s and a t sele cted post o f f ic e s o f the fou rth c la s s ; they may a ls o be purchased by m ail upon a p p lic a tio n to the Treasurer o f the United S ta te s , fash iagto n , or to any Federal Heserve bash« In a d d itio n , c e r ta in Federal Savings and Loan A ssociatio n s and Federal C red it Unions are authorised to a c t as f i s c a l agents o f the United S ta te s in acceptin g a p p lic a tio n s fo r savings bonds from t h e ir members. United S ta te s Savings Bonds are a d d on a discount b a s is , the issu e p r ic e being #73 fo r each #100 m aturity valu e payable 10 years from the issu e d a te . They a re redeemable before m aturity (but not w ithin 60 days a f t e r th e ir issu e date) a t fin ed redemption values which in crease a t the end o f the f i r s t y e a r, and each 6 months th e re a fte r to m aturity. I f savings bonds are held to m aturity the investment w i l l increase on e*th ird , or 33*1/3 p ercen t, which a ffo rd s an investment y ie ld o f about 2.9 percent per annua compounded semiannually; i f redeemed before m atu rity, the investment y ie ld i s l e s s . TREASURY DEPARTMENT W a sh in g to n FOR IMMEDIATE RELEASE F r i d a y , Decem ber 1 8 , 19 3 6 . S ecreta ry January 1 , fo r of 1937, sa le . th e T r e a s u r y M orgen thau announced to d a y a new s e r i e s T h e new s e r i e s “b o n d s f r o m th ose C is th e te rm in a te on D e ce m b e r 3 1 , m ent C i r c u l a r No. 571, s e le c te d to J a n u a ry 1 , t h e “b o n d s 1936. d a te d Decem ber 1 6 , on s a l e post at post o ffic e s S a v in g s as or to agen ts bon d s fro m U n ite d of S ta te s S ta te s S a v in g s Bonds a r e red e em ab le b e f o r e m a t u r it y d ate) fix e d red e m p tio n v a lu e s and e a c h 6 m onths th e th ere after in v e stm e n t w i l l an in v e s t m e n t y i e l d if The i s s u e is th e p rice sa le th ese of t h e “b o n d s o f w h ich w i l l g o v e r n e d “b y T r e a s u r y D e p a r t ' 1936, of th e fo u rth first, cla ss; th e T r e a s u r e r of se co n d and t h i r d t h e y m ay a l s o be th e U n ite d S ta te li, In a d d itio n , ce rta in C r e d it U n io n s a r e F ederal a u th o rize d in a c c e p tin g a p p lic a tio n s so ld on a d i s c o u n t b a s i s , e a c h $100 m a t u r i t y v a l u e p a y a b l e They a r e ity d iffe r e n tia te fo r to act sa v in g s t h e i r m em bers. b e i n g $75 f o r at to of S e rie s B, o ffic e s and F e d e r a l th e U n ited C, 1937, any F ed era l R eserve la n k . a n d Loam A s s o c i a t i o n s fis c a l S e rie s o f th e to t h a t “b e g i n n i n g S a v i n g s B o n d s w o u l d "be o f f e r e d T h e new s e r i e s p u rch a se d by m a il upon a p p l ic a t i o n W a sh in g to n , S ta te s d e sig n a te d sam e a s f o r S a v in g s bonds a re and a t o f U n ite d is so ld p r io r of S e rie s c la sse s . P ress S e rv ic e No. 9 - 1 0 redeem ed b e f o r e (but not w ith in w h ich in c r e a s e to m a t u r it y . in cre a se 10 y e a r s o n e —t h i r d , If at fro m th e th e 60 d a y s a f t e r th e end o f th e issu e issu e d ate. th e ir iss u e first year, s a v in g s bonds a re h e ld o r 3 3 —1 / 3 p e r c e n t , p ric e to m atu r w h ich a f f o r d s o f a b o u t 2 , 9 p e r c e n t p e r annum c o m p o u n d e d s e m i a n n u a l l y ; m a tu rity , th e in v estm en t y i e l d is le s s . - 2 - S a v i n g s "bonds a r e $500 a n d $ 1 , 0 0 0 , address the of th e issu e d m a tu rity v a lu e , u a ls as in in fid u c ia r ie s , U n ite d and th e case S ta te s is lim ita tio n a p p lie s The They a r e in o f d eath ; of on t h e f a c e in d iv id u a l, a ss o c ia tio n s , cash or be fo rm , $100, t h e name a n d e a c h bond and r e c o r d e d a t in S a v i n g s b o n d s m ay b e t h e n a m e s o f tw o w ith a s in g le re g iste re d in in d iv id d e sig n a te d t h e n a m es o f etc, o ffe re d p rim a rily b y law to fo r th e sm a ll se p a ra te ly to a maximum o f $ 1 0 , 0 0 0 m a t u r i t y v a l u e . bonds is s u e d in v e sto r, fro m th e sa le s re d e m p tio n s a t th e o p tio n and each y e a r . in a u g u r a t e d M arch 1 , 1 9 3 5 , of T h is d u r in g e a ch _ c a le n d a r y e a r , t h e maximum a m o u n t f o r a n d t o N ovem b er 3G, t h e s e b o n d s a g g r e g a t e d $ 5 0 6 ,7 8 2 ,0 0 0 r e p r e s e n t i n g b o n d s w i t h a. m a t u r i t y v a l u e p e rio d of not tra n s fe r a b le . t h e y m ay a l s o s a v in g s bonds war cash r e c e ip ts re g iste re d $50, d u r i n g a n y o n e c a l e n d a r y e a r w h i c h may b e h e l d b y a n y o n e may h o l d sa le o n ly in S a v in g s Bonds a re lim ite d d e n o m in a tio n s o f $25, t h e name o f a n i n d i v i d u a l c o rp o ra tio n s , one p e r s o n 1936, or amount i s s u e d a c c o rd in g ly and t h e nam e o f a s i n g l e co-ow n ers, b e n e fic ia ry co n v en ien t owner b e i n g i n s c r i b e d T r e a s u r y D ep artm en t. re g iste re d in of o f a b o u t $ 6 7 5 ,0 0 0 ,0 0 0 . D u rin g ^ th e ow ners a g g r e g a t e d $ 2 2 ,2 4 8 ,0 0 0 . — oOo— same 1MP.CIPTW QF'"i P 19W M rtM» -gMyl#Of gP“‘<TffBRgON ..... :* Ootober _L_122i__ = September' : 1936 : October 1935 : 10 Months (Jan •-Oct*) : 1936 I 935 DISTILLED LIOUORS (proof Gallons)* Stook in Customs Bonded Ware 3 ,4 15,980 3 ,398,234 3 ,4 0 1,7 5 7 4,222,560 1,027,487 873*919 10,152,790 Available for Consumption 1 ,494,881 4 ,9 10 ,8 6 1 4,425,721 1 , 501,089 1 ,000,261 4 ,2 75 ,6 7 6 8 12 ,730 14,375,350 10 ,874,607 9,348,471 Entered into Consumption (a) — — 92x345 279,910 3,440,452 houses at beginning Total Imports (Free and Dutiable) y p t h j:ì ¿.¡l p 4°4. io v 4,282,960 5,065,511 5,628,109 Stook in Customs Bonded Warehouses at end 3,408,398 3 ,4 15,980 3 ,440,452 3*408,398 1 *4 97,2 75 299,240 1 , 531,0 65 18 4 ,76 9 1,483,274 1 , 607,096 1,76 6, 588 223,045 1 ,9 0 7,2 4 1 1,493,849 1 ,7 9 6 ,5 1 5 339,852 1 ,7 1 5 ,8 5 4 2 1 8 ,3 1 1 1*706,319 3*514,337 2 ,036,761 3,260,437 1,804,491 446 248 278,355 3*843 2 1,3 5 9 31,825 1,456,217 1,497*275 1,424,121 1 ,4 5 6 ,2 17 1,424,121 19 5 ,16 0 194,914 262,445 232,724 61,455 38,138 15*710 325,712 102,432 2 5 6 ,6 15 233,052 55,128 37,892 2 7 8 ,15 5 29,662 219,534 452,258 STILL WINES (Lidquld Gallons): Stook in Customs Bonded Ware houses at beginning Total Imports (Free and Dutiable) Available for Consumption Entered into Consumption (a) Exported_from Customs Custody Stock in Customs Bonded Warehouses at end SPARKLING WINES (Liquid Gallons) Stock in Customs Bonded Ware houses at beginning Total Imports (Free and Dutiable) Available for Consumption Entered Into Consumption (a) »orted fl*mii CU&Xol 29 243,422 108 7*378 428,144 I 167,601 12,158 Stock in Customs Bonded Warehouses 201,458 19 5 ,16 0 248,385 2 0 1,4 5 8 $3*695,821 $2,451,231 $ 3 * 8 9 7,18 5 $ 2 7 *250,841 Still Wines 307,560 199,086 347,560 Sparkling Wines Total Duties Collected on Liquors 165,522 114,030 177,102 $4,168,903 $2,764,347 $4,421,847 32,789,885 28,854,514 at end_______________ 248,385 . DUTIES COLLECTED ON: Distilled Liquors $27,009,824 2,243,591 988,128_ 931*398.. $ 30 ,3 18 ,14 9 $30,241,543 2,135*910 -“—ni Jcornmodities ffotal Duties Collected on Liquors 1{U:1$ (a) - Including withdrawals for ship supplies and diplomatic use* by nà$4iI r n is and Rese; i m h B iS TREASURY DEPARTMENT W a sh in g to n FOR RELEASE, MORNING NEWSPA’E R S , Monda y . D e c e m b e r 2 1 . 1 9 3 6 . _____ _ 12-18-36. C o m m is sio n e r o f C u stom s Jam es H . M o y le t o d a y i s s u e d sh o w in g i m p o r t s o f d is tille d liq u o r s and w in e s P re s s S e rv ic e No. 9-19 th e f o l lo w i n g d u rin g O cto b er , 1936 statem en t and t h e ca le n d a r year th ro u g h O cto b e r* O cto b er 1936 .DISTILLED LIQUORS (P roof G a llo n s ) : S to c k in Custom s Bonded W a reh o u ses at b e g i n n i n g . . . . . . T o ta l Im p orts (F re e and d u t i a b l e ) . A v a i l a b l e f o r Con sumed i o n . ................ E n t e r e d i n t o Con s u m p t i o n ( a ) ........... v S t o c k i n C ustom s Bonded W a reh o u ses at end. STILL WINES: (L iq u id G a llo n s ) : S t o c k i n C ustom s Bonded W areh o u ses at b e g i n n i n g . . . . . * T o ta l Im p orts (F re e a nd d u t i a b l e ) . . . . * A v a i l a b l e f o r Con su m p tio n .. E n t e r e d i n t o Con s u m p t i o n ( a ) * ........... S t o c k i n C u stom s Bonded W a re h o u se s a t e n d .............................. SPARKLING WINES: (L iq u id G a llo n s ) : S t o c k i n C u stom s Bonded W areh o u ses at b e g in n in g * .,.,, T o ta l Im p orts (F ree and d u t i a b l e ) . . . . . A v a i l a b l e f o r C on sume t i o n . . ................... E n t e r e d i n t o C o n s u m p t i o n ( a . ) ........... . S t o c k i n Custom s Bonded W a re h o u se s a t e n d . ........................... S ep te m b e r 1936 O cto b er 1935 10 m onths 1936 ( j BÏ1 OC t 9^ 1935 3 ,4 1 5 ,9 8 0 3 ,3 9 8 ,2 3 4 3 ,4 0 1,7 5 7 4 ,2 2 2 ,-5 6 0 4 ,2 8 2 ,9 6 0 1,4 9 4 ,8 8 1 1 ,0 2 7 ,4 8 7 8 7 3 ,9 1 9 1 0 ,15 2 ,7 9 0 5 ,0 6 5 ,5 11 4 ,9 10 ,8 6 1 4 ,4 2 5 ,7 2 1 4 ,2 7 5 ,6 7 6 1 4 ,3 7 5 ,3 5 0 9 ,3 4 8 ,4 7 1 1 ,5 0 1,0 8 9 1,0 0 0 ,2 6 1 8 12 ,7 3 0 1 0 ,8 7 4 ,6 0 7 5 ,6 2 8 ,10 9 3 ,4 0 8 ,3 9 8 3 ,4 1 5 ,9 8 0 3 ,-4 4 0 ,4 5 2 3 ,4 0 8 ,3 9 8 3,440,452 1 ,4 9 7 ,2 7 5 1 ,5 3 1 ,0 6 5 1,-4 8 3 ,2 7 4 1,6 0 7 ,-0 9 6 1 ,7 6 6 ,5 8 8 2 9 9 ,2 4 0 18 4 ,7 6 9 2 2 3 ,0 4 5 1,9 0 7 ,-2 4 1 1,4 9 3 ,8 4 9 1,7 9 6 ,5 1 5 1 ,7 1 5 ,8 5 4 1,7 0 6 ,3 1 9 3 ,-5 14 ,3 3 7 3 ,2 6 0 ,4 3 7 3 3 9 ,8 5 2 2 18 ,3 11 2 7 8 ,3 5 5 2 ,0 3 6 ,7 6 1 1 ,8 0 4 ,4 9 1 l r4 5 6 ,2 1 7 1 ,4 9 7 ,2 7 5 1,4 2 4 ,1 2 1 1 ,4 5 6 ,2 1 7 1 ,4 2 4 ,1 2 1 19 5 ,16 0 1 9 4 ,9 14 2 6 2 ,4 4 5 2 3 2 ,7 2 4 3 2 5 ,7 1 2 6 1 ,4 5 5 3 8 ,13 8 1 5 ,7 1 0 2 19 ,5 3 4 10 2 ,4 3 2 2 5 6 ,6 15 2 3 3 ,0 5 2 2 7 8 ,15 5 4 5 2 ,2 5 8 4 2 8 ,14 4 5 5 ,1 2 8 3 7 ,8 9 2 2 9 ,6 6 2 2 4 3 ,4 2 2 1 6 7 ,6 0 1 2 0 1,4 5 8 19 5 ,1 6 0 2 4 8 ,3 8 5 2 0 1,4 5 8 2 4 8 ,3 8 5 D i s t i l l e d L iq u o rs $ 3 ,6 9 5 ,8 2 1 $ 2 ,4 5 1 ,2 3 1 $ 3 ,8 9 7 ,18 5 $ 2 7 ,2 5 0 ,8 4 1 $ 2 7 ,0 0 9 ,8 2 4 S t i l l W in es 3 0 7 ,5 6 0 19 9 ,0 8 6 3 4 7 ,5 6 0 2 ,1 3 5 ,9 1 0 2 ,2 4 3 ,5 9 1 S p a r k l i n g W in es 1 6 5 ,5 2 2 114 ,0 3 0 1 7 7 ,1 0 2 9 3 1,3 9 8 . 9 8 8 .12 8 T o tal D u t i e s C o l l e c t e d , $ 4 , 1 6 8 ,.9. 0. 3 xon L i q u o r s $ 2 ,7 6 4 ,-3 4 7 $ 4 ,4 2 1 ,8 4 7 $ 3 0 ,3 1 8 ,1 4 9 $ 3 0 ,2 4 1,5 4 3 ) I n c l u d i n g w i t h d r a w a i s t o r s h i p s u o o i i e s a n d "din'idm ati'd" u s e * , *" TR EA SU R Y DEPARTMENT WASHINGTON OFFICE OF D IR E C T O R O F T H E M IN T IN REPLYING QUOTE INITIALS REPORT OF THE RECEIPTS OF GOLD AND SILVER AT THE MINTS AND tWniMTSiSg"Txt>, ti--T ÖPäfZ-l?oo* ASSAY OFFICES FOR THE WEEK ENDING '~1laLUjaviririn GOLD Philadelphia New York San Francisco Denver New Orleans Seattle Totals Imports $12,097.40 5,625,600.00 245,697.02 42,737.20 260.87 5,926,392.49 Secondary $88,670.77 94,528.00 33,391.04 7,770.86 17,823.01 1 1 ,6 5 1 .7 7 253,835.45 New Domestic $1,397.66 397,600.00 1,766,662.55 516,193.48 473.72 227,947.49 2,910,274.90 GOLD RECAPITULATION Imports ---------- $5,926,392.49 Secondary-------------------------------------253,835.45 New D o m e s t i c - --------- ----------- --- 2,910,274.90 Total--------------- -- ----------------- 9,090, §02.84 Total Receipts to Date (Approx.) ------ -- ----- $4,250,768,308.03 SILVER Executive Proclamation of 12-21~33 (as amended) Pine Ounces (New Mined Domestic) Philadelphia - ---- 1,074,610.95 San Francisco ---529,505.10 Denver - ----------8,005.87 Total- - - - T78K, 121.92 Total Receipts to Date (Approx*)------ -------- --- 119,045,925.46 Executive Proclamation of 8-9-34* (Nationalized) Bullion & Warehouse Certificates - Fine Ounces Philadelphia - - - - - - - - - - 242.00 New York - - - - - - - - - - - - 562.00 San Francisco------ ------------571.00 Denver - - - - - - - - - - - - — — New Orleans - - - - - - - --- — - S e a ttle ------ ---------------------------- --Total------------------------------------ 1,375.00 Total Receipts to Date ---- - - - 112,992,650.27 * Estimated TREASURY DEPARTMENT W a sh in g to n MEMORANDUM EOR THE PRESS D ecem ber 2 1 , RECEIPTS OF SILVER BY THE MINTS AND A SSA Y O F F IC E S : (U nder E x e c u t i v e P r o c l a m a t io n o f D ecem ber 2 1 , 1 9 3 3 ) Week e n d e d D e c e m b e r 1 8 , 1 9 3 6 : P h i l a d e l p h i a .............................. .................................... San F r a n c i s c o .. ............................................................. D e n v e r .............................................. .................................... T o ta l f o r w eek en ded Decem ber 1 8 , 1 9 3 6 . T o ta l r e c e i p t s th ro u g h Decem ber 1 8 , 19 3 6 SILVER TRANSFERRED TO UNITED S T A T E S: (U nder E x e c u t i v e P r o c l a m a t io n o f A u g u s t 9 , 1936 a s am ended 1 ,0 7 4 ,6 1 0 .9 5 5 2 3 ,5 0 5 .1 0 8 .0 0 5 .8 7 1 ,6 1 2 ,1 2 1 .9 2 11 9 ,0 4 5 ,9 2 5 .4 6 fin e ounces 242„00 f i n e 5 6 2 .0 0 • « 5 7 1.0 0 M ounces ' » i M rt » n 1 w ft « 1934) Week e n d e d D e c e m b e r 1 3 , 1 9 3 6 : P h ila d e lp h ia ........................... §L ............................... New Y o r k . . . . a. .............................. .................. ..................................... .. S a n F r a n c i s c o ........................................... ................................................ D e n v e r ........................................................................................................ . , New © r l e a n s ................................... ...................................................... .... S e a ttle ................................ . . . . . ............................. .. T o t a l f o r w e e k e n d e d D e c e m b e r 1 8 , 1 9 3 6 ......................, . T o t a l r e c e i p t s t h r o u g h D e c e m b e r 1 8 , 1 9 3 6 ......................... I , " 3 7 b . 1)0 112 ., 9 9 2 , 6 5 0 . 2 7 « » :" " RECEIPTS OF. GOLD BY THE MINTS AND A S S A Y O F F IC E S : NqU D o m estic Week ended. D e c e m b e r 1 8 , 1 9 3 6 : I m p o r t s ________S e c o n d a r y _ 1 ,3 9 7 ,6 6 1 2 ,0 9 7 .4 0 $ 8 8 ,6 7 0 .7 7 $ P h i l a d e l p h i a . .............................. ............................ .. $ 3 9 7 ,6 0 0 ,0 0 5 ,6 2 5 ,6 0 0 .0 0 9 4 ,5 2 8 ,0 0 New Y 0r k . .................................... 2 4 5 ,6 9 7 ,0 2 3 3 ,3 9 1 .0 4 1 ,7 6 6 ,6 6 2 .5 5 S a n F r a n c i s c o ............................................. . 4 2 .7 3 7 .2 0 7 ,7 7 0 ,8 6 5 16 ,19 3 ,4 8 D e n v e r ........................... .................. 2 6 0 .8 7 17 ,8 2 3 .0 1 4 7 3 .7 2 New- © r l e a n s .............................. .. .............................. S e a t t l e . ............. ............................... , .......................... - - ~ --------1 1 ,6 5 1 .7 7 2 2 7 ,9 4 7 .4 9 T o ta l, f o r w eek en ded D ecem ber 1 8 , 1 9 3 6 . . W , S 2 6 ,3 9 2 .4 9 "# 2 5 3 ,8 3 5 .4 5 $ 2 ,9 1 0 ,2 7 4 .9 0 m o oO oo ïiie Secretary of the Treasury,, after conferring with the Board of Governerà of the Federal Reserve System, announces that ne proposes, whenever it is deemed advisable and in the public interest to do so, to take appropriate action with respect to net additional acquisitions or releases of gold by the Treasury Department. This will be accomplished by the sale of additional public debt obligations, the proceeds of which will be used for the purchase of gold, and. by the purchase or redemption of outstanding obligations in the case of movements in the reverse direction* TREASURY DEPARTMENT Washington^ FtDR'RELEASE, MORN ING7 TTWSI^APERS^ - T■ u1IWM1 e s 1dTrtgfTT^IT^^” a y,. . D e""“.c1 e m b e r 22% 1 9 3 6— . - — — S e rv ic e No. «■— ■■■■■■ 2 ~ 20 •— ' • Î2j2lf36 The S e c r e t a r y of • o f th e F e d e ra l R eserve deem ed a d v i s a b l e w ith r e s p e c t P reu s and in to n et th e T re a su ry, S ystem , announces th e p u b lic a d d itio n a l a fte r c o n fe r r in g w ith th at he p rop oses, in te re st a c q u isitio n s to d.® s o , to or r e le a s e s th e Board o f G overn ors w henever i t is take a p p ro p ria te o f g o ld by a c tio n th e T re a s u ry D ep artm en t. T h is w i l l the p r o c e e d s be a cco m p lish e d by o f w h ich w i l l be used th e fo r sa le o f a d d itio n a l th e p u rch ase :®r r e d e m p t i o n o f o u t s t a n d i n g o b l i g a t i o n s in th e d ire c tio n . — oOo— A 4 case of p u b lic g o ld , debt and b y o f m ovem ents i n o b lig a tio n s , th e p u rch ase th e reverse’ tir n w r s m a s a m sB xm vm fOH 1 W I , m m z m NS18SP.4PSRS, Tuesday. December 22. 1936. 12 / 21/^6 Press S ervice S ecretary o f the Treasury Morgenthau announced la s t evening th a t the tender« fo r two s e r ie s o f Treasury b i l l s , to be dated December 23, 1936, which were offers on December 18, were opened a t the fe d e r a l Reserve banks on December £ 1, 1936. Tenders were in v ite d f o r th e two s e r ie s to the aggregate amount ©f #100,000,000, o r thereabou ts, and #208,242,000 was a f f i l e d f o r , o f which #100,082,000 was accep ted. The d e t a ils o f the two s e r ie s are a s fo llo w s} 84-B4T Tm k&Q W BILLS. M dTTO§ M&KOH I f . 1937 f o r t h is s e r ie s , i& leh was fo r #50,000,000, o r thereabouts, th e t o t a l amount ap plied fo r was #105,EOT,000, o f «hleh #50,057,000 was accep ted. The accepted bids ranged in p ric e from par to 99.965, th e l a t t e r being equivalen t to a ra te o f abend 0.150 percent per annum, on a bank discount b a s is . p art o f the amount bid fb r at the l a t t e r p rice was accep ted. Only The average p rice o f Treasury b i l l s o f t h is s e r ie s to be issued i s 99.982 and the average r a te is about 0.076 percent per annum on a bank discount b a s is . 873-D4Y T s rn m m BHXS | MaTtmiHS 3KPTSMB1R 22 . 1937 For th is s e r ie s , v&ich was f o r #50,000,000, or th ereabou ts, th e t o t a l amount ap p lied f o r was #103,035,000, o f which #50,025,000 was accep ted. The accepted bids ranged in p r ic e from 99.922, equ ivalen t to a ra te o f about 0.103 percent p er annua, to 9 9.8 11, equ ivalen t to a ra te o f about 0.249 percent per annum, on a bank discount b a s is . t e r p ric e was accep ted. Only p art o f the amount bid f o r at the l a t The average p ric e o f Treasury b i l l s o f t h is s e r ie s to be issued i s 99.830 and the average ra te i s about 0.225 percent per annum on a bank discount b a s is . TREASURY DEPARTMENT i W ash in g to n FOR RELEASE , MORNING NEWSPAPERS T u e s d a y - , D e c e m b e r 22,. 1 9 3 6 . S e cre ta ry o f th e f o r tw o s e r i e s o f o ffered P ress No. T r e a s u r y M orgenthau announced T reasury b i l l s , on D ecem ber 1 8 , w e r e la st t o b e d a te d Decem ber 23, opened a t th e S e rv ic e 9-21 e v e n in g t h a t th e ten d e 19 3 6 , w h ich w ere F ed era l R eserve banks on D ecem ber 2 1 , 1936. Ten ders w ere i n v i t e d $ 10 0 ,0 0 0 ,0 0 0 , f o r t h e tw o or th ereab o u ts, $ 10 0 ,0 8 2 ,0 0 0 w as a c c e p t e d . se rie s to th e and $ 2 0 8 ,2 4 2 ,0 0 0 w as The d e t a i l s aggregate a p p lie d o f t h e tw o se rie s fo r, amount o f o f w h ich are a s fo llo w s : 84-D A Y TREASURY B I L L S , MATURING MARCH 1 7 , . 1 9 3 7 For t h is amount a p p l i e d accep ted to b id s a rate s e r i e s , w h i c h w as f o r $ 5 0 ,0 0 0 ,0 0 0 , f o r w as $ 10 5 ,2 0 7 ,0 0 0 , ranged i n p r ic e o f 0 .15 0 fo r a t T reasury b i l l s of th e th is amount a p p l i e d per to be p ric e fro m 9 9 .8 1 1 , bank d is c o u n t b a s i s . la tte r p rice was a c c e p t e d . a bank d is c o u n t b a s i s e q u iv a le n t O n ly p a r t The a v e r a g e 99*982 and t h e f o r $ 5 0 ,0 0 0 ,0 0 0 , p rice average of of rate 99*922, to e q u iv a le n t to a is average p rice rate to tal accep ted *. rate The o f a b o u t 0*103 a r a t e o f a b o u t 0*249 p e r c e n t p e r O n ly p a r t o f t h e The a v e r a g e 99*830 and t h e or th ere a b o u ts, th e o f w h ic h $ 5 0 ,0 2 5 ,0 0 0 w as e q u iv a le n t on a be i s s u e d i s b ein g The annum o n a b a n k d i s c o u n t b a s i s . annum, to th e l a t t e r was a c c e p te d * iss u e d i s f o r was $ 1 0 3 ,0 3 5 ,0 0 0 , annum, t o 9 9 .9 6 5 , th e t o t a l accep ted . on a bank d i s c o u n t b a s i s . la t t e r p ric e s e r i e s , w h ich w as a ccep ted b id s ran ged i n percent fro m p a r t o se rie s a b o u t 0*076 p e r c e n t p e r For t h is o f w h ic h $ 5 0 ,0 5 7 ,0 0 0 w as p e r c e n t p e r annum, th e am ount b i d or th e re a b o u ts, is amount b i d o f Treasury b i l l s fo r a t th e o f th is a b o u t 0*225 p e r c e n t se rie s p e r annum o n and Secemtier 1— SI, F o r m 6 919-A "T R E A S U R Y inclusive, . (Based o n T e l e g r a p h i c R e p o r t s f r o m Collectors) DEPARTM ENT I nternal R evenue B ureau A ccount and Collections Unit R ev ised June 1934 c/ DISTRICTS Deposited Dec* 1-20, 1955 Alabama, Arizona, Arkansas, 1st California, >6th California, Colorado, •Connecticut, D elaw are, Florida, «Georgia, H aw aii, Idaho, 1 st Illinois, 8th Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, including D ist. of Columbia, M assachusetts, Michigan, Minnesota, M ississippi, 1st Missouri, 6th Missouri, Montana, Nebraska, Nevada, N ew Hampshire, 1st New Jersey, 5th N ew Jersey, N ew Mexico, 1st N ew York, 2d N ew York, | 3d New York, 14th N ew York, [ 21st New York, 28th New York, North Carolina, North Dakota, 1st Ohio, 10th Ohio, 11th Ohio, 18th Ohio, 4 Oklahoma, *5 Oregon, 1st Pennsylvania, \ 12th Pennsylvania, □ 23d Pennsylvania, *Rhode Island, South Carolina, South Dakota, Tennessee, 1st Texas, 2d Texas, Utah, Vermont, Virginia, W ashington, including Alaska, W est Virginia, W isconsin, Wyoming, Deposited Ist.Dndeposited Dec, 1-81, 1936 Dec* 1-80, 1935 Est.Undeposited Dec* 1-21, 1936 Total Total 1935 1936 483,916 .76 121,592 .15 J 266,467 .0 1 j 7,270,940 .60 6,008.174 .56 1,387,460 .19 483,916 .76 . 580,243,.28 Clear Cleai* 121,592 .15 266,467 .01 j 7,270,940 .60 6,008.174 .56 I 1,387,460 .19 176,367,.01 310,665,»95 8,287,720,.79 7,605,208 .84 1,740,126 .92 Clear Clea]z Clear Cleaip Clear Cleaip Clear Clear Clear Clear 4,535,443 .99 4,732,126 .76 5,971,696 .04 6,359,874 .57 : 2,318,232 .24 1,566,932 .82 Clear Clea]p Clear Clear Clear Clear Clear Clear 1,564,503 .01 ■ 237,273 .08 1 2 2 ,5 1 7 ,11 1 .37 j Clear Clear 4,535,443 • 99 4,732,126 .76 A4 1,472,703 ;*TTC 1,394,381 .68 : 837,246 .45 J Clear> Clear• Clear 108,617 .77 1,425,960 .6 1 : Clear% Clear 3,961,808.76 1,2 34,2 13.53 875,948.12 1,96 6,594 .31 Clear Clear Clear Clear Clear Clear Clear Clear 1.300.399.72 642,259.32 Clear Clear Clear Clear 5.571.9 2 2.73 12,387,525.77 18,808,738.98 2,872,342.00 224,023 .54 4,287,405 .9 1 ! Clear Clear Clear Clear Clear Clear Clear Clear Clear Cleaip Clear Clea]p Clear Cleap Clear Clea]p Clear Clea:p 1,472,703 .44 J 1,394,381 .68 837,246 .45 108,617 .77 ; 15,957,886$.03 , 1,072,715>.85 ; 3,126,866*71 950,798.82 887,969.60 1 ,5 7 4 ,5 3 1.15 1,164,079.30 626,137.50 5,688,630.13 8,799,802.50 10,821,309.63 2,501,961.00 133,520 .74 3,956,867 .69 1,580,590 .99 221,806 .53 744,705>•46 196,273..44 444,383..85 1,360,606 «.IO 9,201,423 • 39 85,547 .5 1 4,550,663 .00 37,342.442 • 40 21,895,848 .88 3,302,029 .55 872,9981.49 4,961,274t. 20 3,425,156».94 51,548$.85 4,052,341..20 1,408,412$.09 880,162$.83 5,517,986$.35 2,012,973,.67 408,394L.88 11.16 2 .6 7 3 .14 1 ,7 3 1 ,1 6 1 .1 1 1 307,042 .86 684,323 .49 208,820 .9 1 474,366 .B0 1,42 6 ,671 .24 10,704,383 .82 95,450 *64 4,306,864 .00 42,733,356 .01 25,368¿Ó17 .84. 4#373,131 • 44 995,944 .84 4,639,426 .4 1 3,877,528 .12 75,484 .38 3,998,252 .26 2,109,614 .44 961,728 .28 7,753,598 . 24 2,300,098i.79 625,180 .7 1 Clear Cleai• Cleai» Cleai* Cleap Clear Clea:r Clear Clear Clear » Clear Clear> Clear Clear» Clear Clear» Clear Cleari Cleai» Cleap Clea p Clea:p Clea:r Cleai» Clear Cleai Clear Cleai• Cleai* Clear Clear Clear Clear Clear Clear Clear Clea r Clear Clear 15,957,886$.03 1,072,715>.85 : 3 ,12 6 ,8 6 6 .7 1 ¡ 950,798.82 887,969.60 1 ,5 7 4 ,5 3 1,15 1,164,079.30 626,137.50 5,688,630.13 8,799,802.50 10,821,309.63 2,501,961.00 133,520 .74 3,956,867 • 69 1,580,590>.99 221,806 • 53 744,7051.46 196,271-.44 444,381..85 1,360,606$.10 9,201,423 .39 85,547 .5 1 4,550,663 .00 37,342,442 .40 21,895,848[•88 3,302,029 .55 872,9981.49 4,961,2741.20 3,425,156••94 51,5481.85 4,052,341..20 1,408,412$.09 880,162$.83 5,517,98*$.35 2,012,97]L.67 408,39^L.88 11,16 2 ,6 7 3 .1 4 Clear Cleai* Clear Cleai Clear Cleai? Clear Cleai Clear Cleai? Clear Cleaip Clear > Cleaip 1,580,678¡•29 2,112,934 .74 2,386,769 .52 254,936 .06 1,904,468,,41 j 437,262,.16 88,831,.73 1,730,277,.42 3,299,533,.01 2,862,736,.58 359,482 .65 1,081,095 .87 6,895,410 .80 ; 1,542,457 .42 397,563 .63 71,921 .06 Clear 2,112,934 .74 2,386,769 .52 254,936 .06 177,612 .12 2,427,380 .9 1 1,009,629 • 46 1,143,360 .58 2,259,517 .89 154,6621.63 1,081,095 .87 6,895,410 .80 1.542.457 .42 397.563.63 71,9 21 .06 1,580,678 .29 11,886,471,,43 1,103,407,,47 8,722,754,.94 Clear> Clear» Cleaip Clear Clear 215,595,,30 2,757,153,.72 Clear Clear Clear Clear 1,531,537;.1 1 1,431,146 ,.31 2,659,119,.91 172,632 .18 Clear Clear Clear Clea]p Clear Clea]p Clear Clea]p 225,058,321.73 275,706,756.18 Clear Clear 177,612$.12 2,427,3801.91 1,009,629».46 1,143,360».58 2,259,519'.89 154,662$.63 580,243,.28 176,367,,03. 310,665,.95 8,287,720,.79 ; 7,605,208,.84 1,740,126 .92 5,971,696 .04 6,359,874 .57 i 2,318,232 .24 1,566,932 .82 ; 1,564,503 .01 237,273 .08 2 2 ,5 1 7 ,11 1 .37 1,425,960 .6 1 B3I 3,961,808.76 1,234,213.53 875,948.12 1,96 6,594 .31 : 1.300.399.72 642,259.32 j 5.571.9 2 2 .73 p 12,387,525.77 p 18,808,738.98 Ip 2,872,342.00 224,023,.54 4,287,405,.91 1,7 3 1,16 1, . 1 1 J 307,042,.86 684,323,.49 208,220 .9 1 ’ 474,366 .80 B B 1,426 ,671 .24 10,704 \ 383 .82 95,450 .64 4,306,864 .00 42,733,356 .01 Bilil 25,368,017 • 84 4,373,131 • 44 995,944 .84 4,639,426 .4 1 3,877,528 .12 75,484 .38 3,998,252 .26 2,109,614 • 44 961,728 .28 7,753,598 .24 2,300,098 .79 625,180 .7 1 11,886,471«,43 1,103,407, ,47 8,722,754.,.94 1,904,468,.41 1 437,262,.16 88,231,,73 1,730,277,.42 3,299,533,.o i ; 2,862,736,.58 359,482,.65 215,595,.30 2,757,153, .72 1,53 1,5 3 7 .1 1 1,431,146 ,.31 2,659,119,.91 172,632 .18 Philippine Islands, T otal , rv'-p 225,058,321.73 275,706,756.18 i ^ Mornings Dec. 23 iK is m a '¿‘ he Commissioner of Internal, Revenue announced today that income tax collections for the period December 1 to 21, inclusive, 1936, amounted to $275,706,756.18. These figures, based upon telegraphic reports from all Collectors of Internal Revenue, compare vlth collections of $225,058,321,73 for th&XKEaqaxxxhiiE a similar period, December 1-20, inclusive, in 1935. ' ■ ‘■he following statement lists' the - collections reported by districts for each of these periods:. Distri ct Collections Dec. 1-20, 1935 Collect! oris Dec. 1-21, 1936 TREASURY DEPARTMENT W a sh in g to n EOR RELEASE, MORNING NEWSPAPER'S, W ednesday, Decem ber 23 , 1 9 3 6 . 12 -2 2 -3 6 , The C o m m issio n er o f c o lle c tio n s fo r fo r of These f i g u r e s , I n te r n a l Revenue, a s im ila r p e rio d , The a t t a c h e d fo r each o f I n te r n a l R evenue announced to d a y t h e p e r i o d Decem ber 1 $ 2 7 5 ,7 0 S ,7 5 6 .18 , C o lle c to rs P re s s S e rv ic e No• 9 -2 2 21, in c lu siv e , b a se d upon t e le g r a p h ic com pare w it h Decem ber 1 - 2 0 , state m e n t l i s t s th ese p erio d s* to th e c o lle c tio n s in c lu siv e , in c o lle c tio n s th at 1936, in co m e tax am ou nted to rep o rts fro m a l l . o f $ 2 2 5 ,0 5 8 ,3 2 1.7 3 1C 35. rep o rted by d is t r i c t s Pi s tric t A1abam a A rizo n a A rkansas 1s t C a lifo rn ia 6th. C a l i f o r n i a C o lo ra d o C o n n e cticu t D e la w a re F lo r id a G e o rg ia H awai i Idaho 1st Illin o is 8 th I l l i n o i s In d ia n a Iow a K ansas K en tu ck y L o u isia n a M ain e M a ry la n d , i n c l u d i n g D i s t . o f C o lu m b ia M assach u setts M ic h ig a n M in n e so ta M is sis sip p i 1 s t M issouri 6th M is so u ri M on tan a H ebraska He v a d a Hew H a m p s h i r e 1 s t Hew J e r s e y 5 t h Hew J e r s e y Hew M e x i c o 1 s t Hew Y o r k 2 n d Hew Y o r k 3 r d Hew Y o r k 1 4 t h Hew Y o r k 2 1 s t Hew Y o r k 2 8 t h Hew Y o r k H orth C a r o lin a H orth D ak o ta 1 s t O h io 1 0 t h O hio 1 1 t h O h io 1 8 t h O h io O k la h o m a O regon D e p o s i t ed D ec. 1 -2 0 , 19 3 5 D e p o sited D ec. 1 - 2 1 , 1936 4 8 3 .9 16 .7 6 1 2 1 ,5 9 2 .1 5 2 6 6 ,4 6 7 .0 1 7 ,2 7 0 ,9 4 0 .6 0 6 ,0 0 8 ,17 4 ,5 6 1,3 8 7 ,4 6 0 .19 4 ,5 3 5 ,4 4 3 ,9 9 4 ,7 3 2 ,1 2 6 .7 6 1 ,4 7 2 ,7 0 3 .4 4 1 ,3 9 4 ,3 8 1 .6 8 8 3 7 ,2 4 6 .4 5 10 8 .6 1 7 .7 7 15 ,9 5 7 ,8 8 8 .0 3 1 ,0 7 2 ,7 1 5 .8 5 3 ,1 2 6 ,8 6 6 .7 1 950, 7 9 8 .8 2 8 8 7 ,9 6 9 .6 0 1 ,5 7 4 , 5 3 1 .1 5 1 ,1 6 4 ,0 7 9 .3 0 6 2 6 ,13 7 ,5 0 5 8 0 ,2 4 3 .2 8 1 7 6 ,3 6 7 .0 1 3 10 ,6 6 5 .9 5 8, 2 8 7 , 7 2 0 . 7 9 7 ,6 0 5 ,2 0 8 .8 4 5 ,6 8 8 ,6 3 0 .1 3 8 ,7 9 9 ,8 0 2 .5 0 10 , 8 2 1 ,3 0 9 .6 3 2, 5 0 1 , 9 6 1 . 0 0 1 3 3 ,5 2 0 ,7 4 3 ,9 5 6 ,8 6 7 .6 9 1 ,5 8 0 ,5 9 0 .9 9 2 2 1,8 0 6 .5 3 7 4 4 ,7 0 5 .4 6 19 6 , 2 7 1.4 4 4 4 4 ,3 8 1 .8 5 1,3 6 0 ,6 0 6 .10 9 ,2 0 1,4 2 3 .3 9 8 5 ,5 4 7 .5 1 4 ,5 5 0 ,6 6 3 .0 0 3 7 ,3 4 2 ,4 4 2 .4 0 2 1,8 9 5 ,8 4 8 .8 8 3 ,3 0 2 ,0 2 9 .5 5 8 7 2 ,9 9 8 .4 9 4 .9 6 1 .2 7 4 .2 0 3 ,4 2 5 ,1 5 6 .9 4 5 1,5 4 8 ,8 5 4 .0 5 2 .3 4 1.2 0 1 ,4 0 8 ,4 1 3 .0 9 8 8 0 ,16 2 .8 3 5 ,5 1 7 ,9 8 8 .3 5 2 ,0 1 2 ,9 7 1 .6 7 4 0 8 ,3 9 4 .8 8 1 ,7 4 0 ,1 2 6 .9 2 5 ,9 7 1 ,6 9 6 ,0 4 6 ,3 5 9 ,8 7 4 ,5 7 2 .3 1 8 .2 3 2 .2 4 1 ,5 6 6 ,9 3 2 ,8 2 1 ,5 6 4 ,5 0 3 .0 1 2 3 7 ,2 7 3 .0 8 2 2 ,5 17 ,111,3 7 1 ,4 2 5 ,9 6 0 .6 1 3 , 9 6 1 , 8 0 8 , 76 1 , 234, 2 1 3 ,5 3 8 7 5 ,9 4 8 .1 2 1 ,9 6 6 , 5 9 4 ,3 1 1,3 0 0 ,3 9 9 ,7 2 642, 2 5 9 .3 2 5 , 5 7 1 , 9 2 2 . 73 1 2 ,3 8 7 ,5 2 5 .7 7 1 8 , 8 0 8 ,7 3 8 .9 8 2, 8 7 2 ,3 4 2 .0 0 2 2 4 ,0 2 3 .5 4 4 ,2 8 7 ,4 0 5 .9 1 1 .7 3 1 .1 6 1 .1 1 3 0 7 ,0 4 2 .8 6 6 8 4 ,3 2 3 .4 9 2 0 8 ,2 2 0 .9 1 4 7 4 ,3 6 6 .8 0 1 .4 2 6 .6 7 1 .2 4 1 0 ,7 0 4 ,3 8 3 .8 2 9 5 ,4 5 0 .6 4 4 ,3 0 6 ,8 6 4 .0 0 4 2 ,7 3 3 ,3 5 6 .0 1 2 5 ,3 6 8 ,0 1 7 .8 4 4 .3 7 3 .1 3 1 .4 4 9 9 5 ,9 4 4 .8 4 4 ,6 3 9 ,4 2 6 .4 1 3 .8 7 7 .5 2 8 .1 2 7 5 ,4 8 4 .3 8 3 ,9 9 8 ,2 5 2 .2 6 2 .1 0 9 .6 1 4 .4 4 9 6 1,7 2 8 .2 8 7 .7 5 3 .5 9 8 .2 4 2, 3 0 0 , 0 9 8 , 7 9 6 2 5 ,1 8 0 .7 1 C o n tin u ed . «3. D istric t 1 s t P e n n sy lv a n ia 1 2 th P e n n sy lv a n ia 23d P e n n sy lv a n ia Rhode I s l a n d S o u th C a r o lin a S o u th D a k o ta Tennessee 1 s t Texas 2d Texas U tah V erm ont V ir g in ia W a sh in g to n , i n c l u d i n g A la sk a W est V i r g i n i a W isc o n sin W yom ing P h ilip p in e Is la n d s T o ta l D e p o site d Dec*. 1 - 2 0 , 1 9 3 5 11,1 6 2 ,6 7 3 .1 4 1,0 8 1* 0 9 5 * 8 7 6 ,8 9 5 ,4 1 0 .8 0 1 ,5 4 2 ,4 5 7 .4 2 3 9 7 ,5 6 3 .6 3 7 1 ,9 2 1 .0 6 ' 1,5 8 0 ,6 7 8 .2 9 2 ,1 1 2 ,9 3 4 .7 4 2 ,3 8 6 ,7 6 9 .5 2 2 5 4 ,9 3 6 .0 6 1 7 7 ,6 1 2 .1 2 2 ,4 2 7 ,3 8 0 .9 1 D e p o site d D ec. 1 - 2 1 , 1936 1 1 ,8 8 6 ,4 7 1 .4 3 1 ,1 0 3 ,4 0 7 .4 7 8 ,7 2 2 ,7 5 4 .9 4 1 ,9 0 4 ,4 6 8 .4 1 4 3 7 ,2 6 2 .16 8 8 ,2 3 1.7 3 1,7 3 0 ,2 7 7 .4 2 3 ,2 9 9 ,5 3 3 .0 1 2 ,8 6 2 ,7 3 6 ,5 8 3 5 9 ,4 8 2 .6 5 2 15 ,5 9 5 .3 0 2 ,7 5 7 ,1 5 3 .7 2 1 ,0 0 9 ,6 2 9 .4 6 1,1 4 3 ,3 6 0 .5 8 2 ,2 5 9 ,5 1 7 .8 9 15 4 ,6 6 2 .6 3 1 ,5 3 1 ,5 3 7 .1 1 1 ,4 3 1 ,1 4 6 .3 1 2 ,6 5 9 ,1 1 9 .9 1 17 2 ,6 3 2 .18 2 2 5 ,0 5 8 ,3 2 1.7 3 2 7 5 ,7 0 6 ,7 5 6 .1 8 - « •-> WEST VIRGINIA : -v, rr Dr. Rex A. Burdette, MangaIra uounty Health Offioe Morgantown; Dr. Hugh B. Robins, health Commission Charleston; Dr. R. L. Hunter, County Health Qffic Madison; Dr. W.G.C. Hill, Marshall bounty Health Officer, Moundsville; Dr. W. T. Booher, Brooke Coimty Health Officer, Wells burg; Dr. Charels W, Waddell, Clinician, Fairmont; Dr. C. Y. Moser, Preston County Health Officer, Ringwood; Dr. Reece M. Pedicord, City-County Health Officer, Wheeling* WISCONSIN: Dr. H. M. G i l f o r d , Director of the ^ureau of Communicable diseases, State Board of Health, Madison; Dr. James C. Sargent, Professor of Genito-Orinary Disease, Marquette University,, urologist, and Presidknt-Elect of the Wisconsin State Medical Society, Milwaukee; 0 r # Hdward HWiimiliH«PCTlT»ICT McKillip/, City Board of xiealth, Milwaukee; Dr. Charles M # Giesen, ———«a director venereal disease clinic, Superior; P* Guequierre* Prom Jefferson Medical College, Dr* Prank C. Knowles* Dr* William C. Hunsieker, Director of Public Health, Philadelphia; Dr* I* Hope Alexander, Director of Public Health, Pitts burgh; Dr. J. M i l l e r Kenworthy, Assoc. Prof, of Urology, MaUm Hahnemann Medical College; Dr. J. H r Janes Condran, of Kaston; Miss ^uth W # Huggard, General Direct or of the Visiting Nurse Society, Philadelphia; and Miss Laura K Curwell, Psychiatric Social Worker^ Veterans Administration, Coatesville,| RHODE ISLAND: Dr. M. L. Orcnrer, chief of the -^ireau of PreventaWj Diseases, State Department of Health, Providence; and two membEBS of his staff, ^r. T # B. Oasey, and Dr. D. L. Morrissey, — > J Vanderbil Dr« Hugh J* Morgan. Prof* of Clinical Medicine, Univ. TENNESSEE: /“5 ^ * * J * f y 1tatkins, Director of the City v enB»eal Disease Clinic, N ashville ; , Dr. John J. Mullowneyp Presi- dent of Meharry Medical College, Nashville* £ TEXAS: Dr. William SI Sharp, University of Texas, Division of Bacteriology and Preventive Medicine, Galveston; Miss Mary Stewart, Executive Secretary, Social Hygiene -^ssoeiation, Tk Houston; Dr. W. A. King, Health Officer, San M i- tonio* VIRGINIA: Dr. Lawrence T. Price, Professor of ^linieal uentito- Urinary Surgery, ^edical College of Virginia, Richmond; Dr* Clyde P. Ross, Richmond; Dr. John H. Neff, Dept, of Urology and Proctology, University of Virginia Hospital, — — ...... University; Dr* Morgan 1. Norris, Kilmarnock; M r s . «*ean C. Harris, Veterans Administration, Roanoke* .. 12 EÔSTH CAROLINA: Dr. G. C. Lea, Health Officer, Charlotte; Dr. A. Elliott, Health Officer New Hanover County and Wf mington; Dr. William P. Richardson, Orange-Person District Health Officer, Chapel Hill. OHIO: Dr. N. C. Dysart, Commissioner, Columbus; Dr. HaPolâ Jackson Gordon, Venereal Disease Clinician, City C n nics, Akron; Dr. J. ürant Marthe ns, Chief, Dayton Health Clinic % Dayton; Miss ^elda A. Weathers, Director Social Service, City Hospital, Cleveland; Dr. J. A. D 0u i i f Dept, of Hygiene and Bacteriology, Western Reserve University; Cleve land; Dr. H. N. Hoyt, Secretary Social Hygiene Committee, Cleveland Health Council, Cleveland; Dr. E. J. Braun, Chief Diagnostic Clinic, Cleveland; and Dr. H. NI Cole, Professor of Dermatology and ^yphilibàogy, Western Reserve University. PENNSYLVANIA: Eight representatives of the Pennsylvania State Department of Health will come from Harrisburg to attend the Conference. They are: Dr. J. MqOtq Campbell, Directoi of the Bureau of Health Conservation, Dr. M. F. Haralson and Dr. J. R. Heller, Jr., D # g # Publis Health Service Consulting Specialists; Dr. Bdgar S. Bverhart, Director of Division of Syphilis and Genitoinfeetious Diseases, and four members of his staff, Dr. W. W. ^olton, Dr. A. F. Dpyle, Mrs. Thelma W. MeGourty and Miss Anna Conway. From the Univ ersity of Pennsylvania come Dr. John H. Stokes, Dr. N. R. Ingraham, Dr. P. S. Pelouze, ifiss B ena R. Waters, Mrs. Norman Ingraham* From Temple University, Dr. Carrol Wright, and Dr. Jacques 11 grjn Ffflpk-,CT Combes_f New York: NEW YORK: Dr* William A. Brumfield, Jr*, C o i s M t a & t , State Dept, of Health, Albany; Dr* A* B* Cannon, Assoc. Prof, of Dermatology and Syphilology, College of Physicians and Surgeons, Columbia University, Dr. J. G. Hopkins, Professor of Deasmatology and Syphilology, College of Physicians and Surgeons, Columbia University; Dr* Haven $1.. 8® '® ‘® 9«i6® »SSl«i Emerson, College of Physicians and Surgeons, Columbia University; Dr. T. F. Laurie, State ^ealth Department, Albany; Dr. Lawrence E. Sprout, Rome* Homer Folks, Executive Secretary, N ew York State Char ities Aid Assn., Mr* George J. H eihaeh, Mrw* Marie F. Kirwan, R. N., and Mrs. M arion Simonson, R. N*, State Chairtties Aid,Assn., Ne w \ York City* Miss Dorothy Deming. General Director National ^rganization for Public He a x t h Nursing, New York City; Miss Mildred HearSey, Prewbyterian Hospital, New York $dty; Miss Katherine B. Crisp, Buffalo Ceneral Hospital, Buf falo;, Mr. Mahlon C. Ward, Board of Directors, Buffalo Tuberculosis Assn, of Erie County, Buffalo; Miss Alma C. H aup t > Director of the Nursing Bureau, Miss Margaret Reid, Educational Director, and Miss Hortense Gruber, Supervisor of Atlantic Coast ‘‘’erritory, Metropolitan ’«W SW &i» SW®«?*?®*: Life Insurance Company, New Yrrk City* NORTH CAROLINA: Dr. Anna M # Gove, Department of Health, Woman*s College of the University of North Carolina, Greensboro Dr. C. C. Hudson, H©a x t h Officer, Creensboro; Dr. M # T# Foster, ^ealth Officer, Cumberland County, Fayetteville - N M JERSEY; 10 - Dr# A * J. Casselman, Consultant, N ew Jersey State J Dept# of Health, Dr# R # R. Sellers, Newark; p n S 7 Edwin E. s t e w a r ^ Health Officer, Little Silver; BSA-S&Jau&Mii» Health 0fficer> Atlantic City; Dr# Franklin H# ^hurch, Chief Clinician, ^alem; Dr# L. Van D* ^handler, Health Officer, Hackensack; Dr. A. L. Stone, ^ealth Officer, Gamden; Dr# Ir ving Lerman, Elizabeth; Dr# H#_ J. Udinsky, Passaic: •luaMMNinuirflti * Dr# Charles P# Brent, Atlantic Gity; Dr. W# M# Brien, Health Officer, Grange; Miss Hattie B# Moore, State Department of Health, Jersey City; Miss Elizabeth Harris, Bureau of Venereal Disease Control, Passaic; ixx Miss Beatric w eber, State 7Hi 4q 0*yw. /'•*,-A Public Health Nurse- Trenton; Miss Hettie W # Sei: i : | ext> President of the New Jersey State Organization for Public Health Nursing, Newark; Miss Jane Cook, Orange Memorial Hospital, Orange; Mr# Hohn Hall, '"ssasi’ New Jersey Health and Sanitation Assn#, Freehold; Mr# F# J# Osborne, Secretary Health Dept#, Bast Orange; Mr# James E# Brooks, 0Onsulting Engineer, Essex County Mosquito Exterminaticn Commission, Newark# Dr. VIA P r £ $ M YORK: ”j 4 m ^ 5 o A/; A s u Dr. Edward S. Godfrey, State Commissioner of Health, Dr. John L # ^ice, New Yoik Sity Commissioner of ^ealt Dr. Walter Clarjfce. Bureau of Social Hygiene, M ew M 01 v 5 s u j a g g s s i j S f c J ^ y * A s s t* CoMBir* o f Heaiti1* Dr# C# A. Sargent, Syphilis Control Service, Buffalo' H— '** f e  n *w -< n pital, Massachusetts Dept, of Cental Diseases, Boston* Dr. Bernard Appel, Boston; Dr. P. V. Karpovich, Spring«! fiej^drCollege, Springfield; Dr. Peter 0. Shea, Di ree« ' toi^&ealth, Worcester; Dr. James A. Dumas, D^aith Of. ficer, Lynn. O ’®A À & p Atxs$ V o T tfiiH f W\ A t* l~ C W 2 ,\ AlAss» (x tz & L * H o à P j^ im * rm ¡W pftM i&j MICHIGAN: Dr. U d O L , U l l e , University of Michigan, Ann A rbor; Dr. Loren W. Shaffer, Detroit; Dr. Ralph A. Perkins, .. Division of Experimental Medicine, Parke, Davis & Co., Detroit; __IL S. Dixon, Detroit; Dr. George . Newell, . 9 Acting Director, Social Hygiene, City health Depart ment, Detroit; WB& Dr. John L. Lavan, D^alth Officer, Grand Rapids; and M r# Paul de Kruif, Holland* MINNESOTA: Dr. H. S. Diehl, Dean of ^ é i c a l Sciences, University of Minnesota, Minneapolis; and Dr. Paul A # O l eary, Professor of Dermatology and ^yphilology, ^he Mayo I Clinic, Rochester* 0 ^ MISSISSIPPI: Dr. A. C. Bryan, and Dr. D. V. ^alloesray, Lauderdale County Health Officer, m eridian; Dr. Paul Klotz and Dr. T. Paul Haney, Pike County Health Officer, Me Comb; a OsyXA Dr. J. M. »^mith, Magnolia; Dr. Otis Biggs, '$^jpg^a; Dr. G. P. Sanderson, and Dr. Nathan B # Lewis, Vicksburg; Dr. W. E. Noblin, Jr., and Dr. A. G. Ward, Jackson* MISSOURI: f? (a.»***-1 ” AXCit ^ Dr. Richard S. Weiss, School of Medicine, and Mr. F. H. Ewerhardt, f* Dept, of Physical Education and Athletics, Washington 8 \ man Hood, Dr. A. Gelperin, Bmxmffs Mrs. Eda Monroe and Mrs. Mildred Hughes, medical social workers, and Miss | Miriam Geiser and Mrs. Margaretta Babb, both nurses in attendance at the clinic* D r * R* H. Riley, State Director of Health, who will al so attend the conference, will bring with him four county health officers of the State Department of Health and members of their staffs. They are: Dr. Eugene C, Peck, Garrett County Health Officer, Oakland; Dr. Brad ford Massey, Worcester County Health Officer, Pocomoke City; Dr. S. H. Hurdle and Miss Mary Hey, Public Health Nurse, ¥/icomico County, Salisbury; Dr. E. A. Jones, Dorchester County, Cambridge; and Dr. Louis S. W eity, Caroline County, Denton* Dr. W. •HR " v , .. Jackson, Dr. R. J". Young, and Dr. J”. S. Ju- ... ’/ .' I ,’ i / . lian, Clinicians of the Baltimore Oity H g a i ^ Department, will attend the conference. ’ Miss Mazie E. Rappa- port, Birector of Social Service, and Mrs. Beatrice G* Nassauer, Sinai Hospital, Baltimore, will also attend* MASSACHUSETTS: Dr. Henry D. Chadwick, State Commissioner of Public Health. Dr. H. A. Nelson. Asst. Director. Division of Commuhicable diseases, and Miss Gladys R. Crain^ Social Hygiene Consultant, State Department of 1 Public Health, Boston; Dr. H. Houston Merritt, Department of Neurology, Harvard M edical School, and Head of ! the Neurological Unit, H oston ^ity Hospital, Boston; Mrs. Ethel Goldberg Berger, Boston Psychopathic Hos- 7 KANSAS: Dr* Earle G. Brcwn, Secretary of the State Board of r~ in,i< liirar 1 Health, Dr. Robert H. Riedel, Director of the Division of Venereal Diseases, Dr. E. K. Musson, director of the Division of Preventable Diseases, and Dr. F. P. Helm, City Health Officer, Topeka; Dr. Nellie G. Walker, Director of the University of Kansas Venereal Disease Clinic KENTUCKY: Dr. >orge M. Lawson, Professor of Public Health and Bacteriology, University of Louisville; Dr. Hugh R. jft Leavell, Director of Health, and Dr. F. W. Caudill, E^demiolog^st, State Board of Health, Louisville; Dr. C. M. Moore, Health Officer, Lexington< Dr. ouj Cormack„ State Health IX MAINE: Dr. Blynn 0. Goodrich, Waterville; Dr. Harrison J. Hunt, Chief, Venereal Disease Clinic, Bangor; Dr. H. I. Thompson, Laboratory of Pathology, Eastern Maine Genera]] r, „ iuu„x ass w* .**. w. £ '■¿Hr- Hospital, Bangor; Dr. Langdon T. Snipe, Bath; Dr. J. p* f> Pepper, District Health Officer, Augusta; Dr. G. A. Coombs, Augusta; Dr. Benjamin Bennett Foster, Portland; Dr. Walter N. Miner, Calais Hospital, Calais* MARYLAND: D r X Earle Moore, Associate in Medicine and Physic! an in charge of the Syphilis Clinic at «Johns Hopkins ft) /University, will bring with him to the conference, 18 * members of his staff, including Dr. H. H. Hopkins, Dr# Vôa. Johnson, Dr. H. M. Robinson, Dr. Frank Smith, Jr., Dr. Paul Padget, Dr. Conrad Acton, Dr. Alec Campbell, m. Dr. Charles Mohr, Dr. Lawrence Katzenstein, Dr. E. W. "Thomas, Dr. W m . , Mendelsohn, Dr. T. B. Turner, Dr. Bow- 6 Spencer, Miss Sdith McCoy, Miss Edith Beattie, Chief I Nurse of the Dispensary, and Miss Caroline Sweeney, Social Service Department, Children’s Hospital« AlflS# FLORIDA.: IP* “Fr¿■¿'¡>p|W m ' hk>$pXT#t~* Dr, J. R. McEachern, Health Officer, Tampa; Dr* Warren E# Anderson, Escambia County Health Officer, Pen see ola* GEORGIA: Dr# Wm# George Tyson, Chief of the ® xxyle r Street Clini Savannah; Dr# S# Ross Brovm, Asst* Chief, Division of Venereal Disease Control, Georgia State Department of| Public Health, Atlanta* ILLINOIS: the Illinois StateDept# of| Dr. Frani: J# Jirka, Director of/Publie health, and Dr* John J# McShane, Chief of the Division of Communicable Diseases, Springfield; Dr* Theodore K# Lawless, Dept# of Dermatology, Medical School of Northwestern University, Chicago; Dr# Herman N# Bunde^ sen, President of the Chicago Board of health; Miss 7) Mar 3^ Maxwell, Executive Serarefeary of the Amer* Assn, of Medical Social Workers, Chicago; Dr# &achelle S# YaafgammH^EtemxBwiirtak Yarros and Dr* Bertha Shafer, IDAHO: Illinois Social Hygiene League, Chicago* Dr# W# W* American Medical Assn* State Director of Public ^iealth, Boise* INDIANA: Dr. Verne K. Harvey, Director of the State Board of Health, and six members of his staff, Indianqpolis« IOWA: Dr. P. C# Jeans, Professor of Pediatrics, College of Medicine, University of Iowa. 5 CALIFORNIAS Dr. C. W. Barnett, Department of Dermatology and Syphilology, School of Medicine, Stanford University Dr. Wilton L. Halverson, Health Officer of Pasadena* Dr. George H. Becker, Director, Bureau of Communicable Diseases, San Francisco^ * ff% C v H T X S H x tVfe CONNECTICUT: Dr. Ira V. Hiscoek, Professor of Public Health, Tail * 'IKIIII.1 University; Dr. Benjamin G. Horning, Health Officer, Hartford; Dr. B. B. Robbings, Health Officer, Bristol! Dr. F. I* Linde, Health Officer, and Dr. M. I. Straus! Director of the bureau of Venereal Diseases, New Haven. DISTRICT OF COLUMBIA: Dr. George C. ^uhland, Health Officer, and Dr. T. C. Thompson, Dr. George Tredwell, Dr. Ferome Rogers, Dr. Ross Taggart, Dr. Truxton Morgan, Dr. George Fable, Dr. Bernard Notes, Dr. M. t&C Glover, Dr. Arthur Mourot, staff of the District Venereal Dis ease Clinic; Dr. Numa P. G. Adams, Dean of the School of Medicine, and Dr. H. A. Poindexter, Dr. C. Wendell h \B*** ’ r ft* * m L>.S'Cirf ' Ü* Freeman^ a n d Dr. Paul B. C o m e l y , Howard University; , Executive Secretary of the Social Hygiene Society of Washington;)Miss Margaret Hagan, American Red Cross Director, St. Elizabeth’s Hospital;] Miss Irene Grant, Veterans Administration; Commander Charles S. Stephenson. Bureau of Medicine and Surgery U. S. Navy; Dr. Morris Cfcase, Luetic Clinic, Children \ Hospital; Miss Lucia Murchison, Director, Mrs. Mary Among the prominent representatives of the medical profession, wel fare organizations, and public health departments to attend the confer ence are: ALABAMA: Dr. Daniel G. Gill, Director, Bureau of Communicable Disease Control, Alabama State Department of Health, Montgomery* J1f:At.T'40*nC£K, C / W g rr V c v B 'h , - will t e led by D r E a r l e 3- Moore, Associatwir-ia Medicine, and physician in charge of the Syphilis Clinic, Johns Hopkins University, with Dr. William F. Snow, Director of the American Social Hygiene Association as secretary* Medical Follow-up of the Venereal Disease Patient will be discussed by a group of medical social workers, headed by Miss Lena H* Waters, Director of the Social Service Department, University of Pennsylvania Hospital and Miss Pearl Mclver, Senior Public Health Nursing Consultant of the U. S. Public Health Service. Dr. Udo J. Wile, Professor of Dermatology and Syphilology, University of Michigan, and Dr. W. W. Bauer, Director of the Bureau of Health and Public Instruction, American Medical Association will lead the discussion of Co operation of the Private Physician in the Control of the Venereal Diseases. A fifth section on the Public Health Control of Gonorrhea will be led by Dr. N. A. Nelson, Asst. Director of the Massachusetts State Division of Commun icable Diseases, and Dr. P. S. Pelouze, University of Pennsylvania. Dr. Alan M. Ghesney, Dean of the Medical Faculty, Johns Hopkins Univer sity, will deliver the closing address of the Conference on Wednesday, De cember 30, to be followed by the reports of the chairmen of the various section meetings held on the preceding day -2fields of public health and venerology will address the audience. Speakers R.A.Yonderlehr for the first day are Surgeon General Parran^ Assistant Surgeon General/, in charge of the Division of Venereal Diseases? Dr* Edward S. Godfrey, New York State Commissioner of Health; Dr* Earle G. Brown, Secretary of the Kansas State Board of Health; Dr. Walter Clarke, Director of the Bureau of Social Hygiene, New York City Department of Health; Dr* P. S. Pelouze, Associate in Urology and Assistant Genito—Urinary Surgeon, University of Pennsylvania; Dr. John H. Stokes, Professor of Dermatology and Syphilology, University of Pennsylvania; Dr. H. H. Hazen, Professor of Dermatology, Howard University; Paul de Kruif, noted author of popular books on medical science and public health; and Homer Polks, Executive Secretary of the New York State Charities Aid Association. The second day is scheduled for five /lection Ijieetings, conducted in i| panel discussions of the important problems in venereal disease control. A section on the Public Health Control of Syphilis will be conducted by Dr. George H. Ramsey, Asst* Commissioner of Health, New York, as chairman* and Dr. Paul S. Garley of the U. S* Public Health Service as secretary. A panel discussion of Treatment as a Factor in the Control of Syphilis 300 TVMEAIlCfl TO ÏÏTTMTT) ¥»r'ThITfWWffifînTf ïïWffii /\ l^bllc^ggalthG ei»vc.a«_.. 4 The program outlined by Dr* Parr an for the three-day session as- sembles the best talent in the country ’ flNfe will discuss the various prob lems connected with the control of venereal diseases before prominent rep resentatives of the medical, public health nursing and social service pro- fessions encourage discussion of the problem in open forum, in order that a more practical and workable national program may be outlined* It is expected that results of the Conference will make a high point in the history of venereal disease control. The first day of the Conference will be devoted to general sessions at the Department of Commerce Auditorium, when experts in the various W h $ tr i «£ r o fi. jr ^ t r w p M Ar ar. r - $e n ------------ i ,¿„ 4 i T fi? r j jv& t¿>\y ja "*■l /^ 4 C 1S T¡g c« -j jja B W ^ ., <5 <7- 1 The first Nationwide effort to combat the alarming inroads of syphilis ^ healthy and gonorrhea on theN $fcte£of American citizens^will be launched taxmxtokmtam&sLfx rrrnfTB— Mmrflai by Surgeon General Thomas Parr an* chief of the U*S*Public Health service, in a three day conference y^Deo* 28 to 30* While conferences for the control of venereal diseases have been held heretofore* the coming meeting of more than 300 delegates«^ will be the first which private medical* practitioners and laymen have ever been invited to attend# The flfc delegates who will attend the Conference on Venereal Disease Control ifc>eiB*thexciiB±exeHeKz±sxexpKet«iz±BXBBSKitzEBxsggrexsi3raizKBBi$)*igBxagsirasjtt work* will represent 32 states and the District of Columbia# xesexexixdlssazfiz TREASURY DEPARTMENT Washington E0R RELEASE, MORNING NEWSPAPERS, Press Service Thursday, December 24, 1936. No. 9-23 The first organized nationwide effort to combat the alarming inroads of syphilis and gonorrhea on the health of American citizens will he launched by Surgeon General Thomas Parran, chief of the U. S. Public Health Service, in a three-day conference in Washington December 28 to 30. While conferences for the control of venereal diseases have been held heretofore, the coming meeting of more than 300 delegates will be the first which private medical practitioners and laymen have ever been invited to attend. The delegates who will attend the Conference on Venereal Disease Control work, will represent 32 states and the District of Columbia. The program outlined by Dr. Parran for the three-day session assembles the best talent in the country which will discuss the various problems connected with the control of venereal diseases before promi nent representatives of the medical, public health nursing and social service professions. The purpose of the Conference, according to Dr. Parran, is to encourage discussion of the problem in open forum, in . order that a more practical and workable national program may be out lined. It is expected that results of the Conference will make a high point in the history of venereal disease control. - 2 - The first day of the Conference will he devoted to general ses sions at the Department of Commerce Auditorium, when experts in the various fields of public health and veneroTogy will address the audience. Speakers for the first day are Surgeon General Parran; Assistant Surgeon General E. A. Vonderlehr, in charge of the Division of Venereal Diseases; Dr-, Edward S, Godfrey, New York State Commissioner of Health; Dr. Earle G. Brown, Secretary-of the Kansas State Board of Health; Dr. Walter Clarke, Director of the Bureau of Social Hygiene, New York City Depart ment of Health; Dr. P. S. Pelouze, Associate in Urology and Assistant Genito-Urinary Surgeon, University of Pennsylvania; Dr. John H. Stokes, Professor of Dermatology and Syphilology, University of Pennsylvania; Dr. H. H. Hazen, Professor of Dermatology, Howard University; Paul de Kruif, noted author of popular hooks on medical science and public health; and Homer Polks, Executive Secretary of the New York State Charities Aid Association. The second day is scheduled for five section meetings., conducted in panel discussions of the important problems in venereal disease con trol. A section on the Public Health Control of Syphilis will be con ducted by Dr. George H. Pamsey, Assistant Commissioner of Health, New York, as chairman, and Dr. Paul S.. Carley of the U. S.. Public Health Service as secretary. A panel discussion of Treatment as a Pactor in the Control of Syphilis will be led by Dr.. Joseph Earle Moore., Associate in Medicine, and physician in charge of the Syphilis Clinic, Johns Hopkins University, with Dr. William P. Snow, Director of the American Social Hygiene Asso ciation as secretary. ~ 3 - Medical Follow-up of the Venereal Disease Patient will he dis cussed by a group of medical social workers, headed by Miss Lena R, Waters, Director of the Social Service Department, University of Pennsylvania Hospital and Miss Pearl Mclver, Senior Public Health Pursing Consultant of the U* S. Public Health Service* Dr. Udo J. Wile, Professor of Dermatology and Syphilology, University of Michigan, and Dr. W. W. Bauer, Director of the Bureau of Health and Public Instruction, American Medical Association will lead the discussion of Cooperation of the Private Physician in the Control of the Venereal Diseases. A fifth section on the Public Health Control of G-onox’rhea will be led by Dr. IT, A« Helson, Assistant Director of the Massachusetts State Division of Commonicable Diseases, and Dr. P. S. Pelouze, University of Pennsylvania. Dr. Alan M* Chesney, Dean of the Medical Faculty, Johns Hopkins University, will deliver the closing address of the Conference on Wednesday, December 30, to be followed by the reports of the chairman of the various section meetings held on the preceding day, Among the prominent representatives of the medical profession, welfare organizations, and public health departments to attend the conference are.:. ALABAMA.: Dr. Daniel G, Gill, Director, Bureau of Communicable Disease Control, Alabama State Department of Health, Montgomery. - 4 - CALIFORNIA: Dr. C. W. Barnett, Department of Dermatology and Syphilology, School of Medicine, Stanford University; Dr. Wilton L. Halverson, Health Officer of Pasadena; Dr. George K. Becker, Director, Bureau of Communicable Diseases, San Francisco; Dr. N. Curtis King, Los Angeles. CONNECTICUT: Dr. Ira V. Hiscock, Professor of Public Health, Yale Uni versity; Dr. Benjamin G. Horning, Health Officer, Hartford; Dr. 3. B. Robbins, Health Officer, Bristol; Dr, J. I. Linde, Health Officer, and Dr. M. J, Strauss, Director of the Bureau of Venereal Diseases, Hew Haven. DISTRICT OP COLUMBIA: Dr. George C. Ruhland, Health Officer, and Dr. T. C. Thompson, Dr. George Tredwell, Dr, Jerome Rogers, Dr, Ross Taggart, Dr. Truxton Morgan, Dr. George Jable, Dr. Bernard Dotes, Dr. M. W* Glover, Dr. Arthur Mourot, staff of the District Venereal Disease Clinic; Dr. Duma P, G, Adams, Dean of the School of Medicine, and Dr. H. A. Poindexter, Dr. C. Wendell Freeman, Dr. R» S, Jason, and Dr. Paul B. Comely, Howard University; Mr. Ray H. Everett, Executive Secretary of the Social Hygiene Society of Washington; Miss Ilaomi Deutsch and Miss Edith Baker, U, S, Children’s Bureau; Miss Margaret Eagan, American Red Cross Director, St. Elizabeth's Hospital; Miss Irene Grant, Veterans Administration; Commander Charles S. Stephenson, Bureau of Medicine and Surgery, U, S. Davy; Dr, Morris Chase, Luetic Clinic, Children's Hospital; Miss Lucia - 5 - Murchison, Director, Mrs. Mary Spencer, Miss Edith McCoy, Miss Edith Beattie, Chief Nurse of the Dispensary, and Miss Caroline Sweeney, Social Service Department, Children's Hospital; Mrs. Ella D. Fleming, Freedmen's Hospital. FLORIDA': Dr. J. R. McEachem, Health Officer, Tampa; Dr. Warren E. Anderson, Escambia County Health Officer, Pensacola. GEORGIA: Dr. Wm. George Tyson, Chief of the Cuyler Street Clinic, Savannah; Dr. S. Ross Brown, Assistant Chief, Division of Venereal Disease Control, Georgia State Department of Public Health, Atlanta. ILLINOIS: Dr. Frank J. Jirka, Director of the Illinois State Depart ment of Public Health, and Dr. John J. McShane, Chief of the Division of Communicable Diseases, Springfield; Dr. Theodore K. Lawless, Department of Dermatology, Medical School of Northwestern University, Chicago; Dr. Herman N. Bundesen, President of the Chicago Board of Health; Miss Mary M. Maxwell, Executive Secretary of the American.Asso ciation of Medical Social Workers, Chicago; Dr. Rachelle S. Yarros and Dr.. Bertha Shafer, Illinois Social Hygiene League, Chicago; Dr. W. W. Bauer, American Medical Associa tion. IDAHO: Dr. J. D. Dunshee, State Director of Public Health, Boise. INDIANA: Dr. Verne K. Harvey, Director of the State Board of Health, and six members of his staff, Indianapolis. — IOWA: ö — Dr. p. C. Jeans, Professor of Pediatrics, College of Medi cine, University of Iowa. KANSAS: Dr. Earle G. Brown, Secretary of the State Board of Health, Dr. Robert H. Riedel, Director of the Division of Venereal Diseases, Dr. E. K. Masson, Director of the Division of Preventable Diseases, and Dr. E. p. Helm, City Health Offi cer, Topeka; Dr, Nellie G. Walker, Director of the Univer sity of Kansas Venereal Disease Clinic. KENTUCKY: Dr. George M. Lawson, Professor of Public Health and Bac teriology, University of Louisville; Dr. Hugh R. Leavell, Director of Health, and Dr. E, W. Caudill, Epidemiologist, State Board of Health, Louisville; Dr. C. M. Moore, Health Officer, Lexington; Dr. A. T. McCormack, State Health Commissioner, Louisville. MAINE: Dr. Blynn 0. Goodrich, Waterville; Dr. Harrison J. Hunt, Chief, Venereal Disease Clinic, Bangor; Dr. H. E. Thompson, Laboratory of Pathology, Eastern Maine General Hospital, Bangor; Dr. Langdon T. Snipe, Bath; Dr. J. L. Pepper, District Health Officer, Augusta; Dr. George A. Coombs, Augusta; Dr. Benjamin Bennett Poster, Portland; Dr. Walter N. Miner, Calais Hospital, Calais. MARYLAND: Dr. Joseph Earle Moore, Associate in Medicine and Physi cian in charge oi the Syphilis Clinic at Johns Hopkins University, will bring with him to the Conference, 18 mem- bers of his staff, including Dr. H. H. Hopkins, Dr. Wm. Johnson, Dr. H. M. Robinson, Dr. Drank Smith, Jr., Dr. ■, Paul Padget, Dr. Conrad Acton, Dr. Alec Campbell, Dr. Charles Mohr, Dr. Lawrence Katzenstein* Dr. E. W* Thomas, Dr. Wm, Mendelsohn, Dr. T. B. Turner, Dr. Bowman Hood, Dr. A. Gelperin, Mrs. Eda Monroe and Mrs. Mildred Hughes, medical social workers, and M s s Miriam Geiser and Mrs* Margaretta Babb, both nurses in attendance at the clinic. Dr. R. K* Riley, State Director of Health, who will also attend the Conference, will bring with him four county health officers of the State Department of Health, and members of their staffs. They are: Dr. Eugene C? Peck, Garrett County Health Officer, Oakland; Dr. Bradford Massey, Worcester County Health Officer, Pccomoke City; Dr. S. H. Hurdle and Miss Mary Key, Public Health Kurse, Wicomico County, Salisbury; Dr. E, A. Jones, Dorchester County, Cambridge; and Dr. Louis S. Welty, Caroline County, Denton. Dr. W. J. Jackson, Dr. R. J. Young, and Dr. J. S. Julian, Clinicians of the Baltimore City Health Department, will attend the Conference. Miss Mazie E* Rappaport, Director of Social Service, and Mrs. Beatrice G. Nassauer, Sinai Hospital, Baltimore, will also attend* 8 MASSACHUSETTS: Dr. Henry D. Chadmck, State Commissioner of Public Health, Dr. N. A. Nelson, Assistant Director, Division of Communicable Diseases, and Miss Gladys R. Crain, Social Hygiene Consultant, State Department of Public Health, Boston; Dr. H. Houston Merritt, Department of Neurology, Harvard Medical School, and Head of the Neurological Unit, Boston City Hospital, Boston; Mrs. Ethel Goldberg Berger, Boston Psychopathic Hospital, Massachusetts Department of Mental Diseases, Boston; Dr. Bernard Appel, Boston; Dr. P. V. Karpovich, Springfield College, Springfield; Dr. Peter 0 . .Shea, Director of Health, Worcester; Dr. James A. Dumas, Health Officer, Lynn; Miss Ox'a M. Lewis, Massachu setts General Hospital, and Miss Dorothy W. Miller, Massa chusetts Society for Social Hygiene, Boston. MICHIGAN: Dr. Udo J. Wile, University of Michigan, Ann Arbor; Dr. Loren W. Shaffer, Detroit; Dr. Halph A. Perkins, Division of Experimental Medicine, Parke, Davis & Co., Detroit; Dr. R. S. Dixon, Detroit; Dr. George Sewell, Acting Direc tor, Social Hygiene, City Health Department, Detroit; Dr. John L. Lavan, Health Officer, Grand Rapids; and Mr. Paul de Kruif, Holland. MINNESOTA» Dr. H. S. Diehl, Dean of Medical Sciences, University of Minnesota, Minneapolis; and Dr. Paul A. O ’Leary, Professor of Dermatology and Syphilology, The Mayo Clinic, Rochester. 9 MISSISSIPPI: Dr. A. C. Bryan, and Dr. D. V. Galloway, Lauderdale County Health. Officer, Meridian; Dr. Paul Klotz and Dr. T. Paul Haney, Pike County Health Officer, Me Comb; Dr. J. M. Smith, Magnolia; Dr. Otis Biggs, Osyka; Dr. G. P. Sanderson, and Dr. Hathan B. Lewis, Vicksburg; Dr. W. E. Hoblin, Jr., and Dr. A. G. Ward, Jackson. MISSOURI: Dr. Richard S. Weiss, School of Medicine, Dr. Louis E. Aitken, Chief, Venereal Disease Clinic, and Mr. P. H. Ewerhardt, Department of physical Education and Athletics, Washington University, St. Louis. HEW HAMPSHIRE: HEW JERSEY: Dr. R. J. Bennett, Dover. Dr. A. J. Casselman, Consultant, Hew Jersey State Depart ment of Health, Dr. R. R. Sellers, Hewark; Dr. Charles V. Craster, Health Officer, Hewark; Dr. Edwin E. Stewart, Health Officer, Little Silver; Dr. S. L. Salasin, Health Officer, Atlantic City; Dr. Eranklin H. Church, Chief Clinician, Salem; Dr. L. Van D. Chandler, Health Officer, Hackensack; Dr. A. L. Stone, Health Officer, Camden; Dr. Irving Lerraan, Elizabeth; Dr. H. J. Udinsky, Passaic; Dr. Charles P. Brent, Atlantic City; Dr. W. M. Brien, Health Officer, Orange; Miss Hattie B. Moore, State Department of Health, Jersey City; Miss Elizabeth Harris, Bureau of Venereal Disease Control, Passaic; Miss Beatrice Weber, State Public Health Hurse, and Miss Anabel Cadwallader, Trenton; Miss Hettie W. Seifert, President of the Hew 10 - Jersey State Organization for Public Health Nursing, Newark; Miss Jane Cook, Orange Memorial Hospital, Orange; Mr. John Hall, New Jersey Health and Sanitation Association, Freehold; Mr* F* J. Oshome, Secretary Health Department, Bast Orange; Mr. James B. Brooks, Consulting Engineer, Essex County Mos quito Extermination Commission, Newark, Dr. W. Fred Jamison, Ashury Park. NEW YORKî Dr. Edward S. Godfrey, State Commissioner of Health, Dr, John L. Rice, New York City Commissioner of Health, Dr. Walter Clarke, Bureau of Social Hygiene, New York City; Dr, George H, Ramsey, Assistant Commissioner of Health, Dr. C. A. Sargent, Syphilis Control Service, Buffalo; Dr. Frank C. Combes, New York; Dr. William A. Brumfield, Jr., Consultant, State Department of Health, Albany; Dr. A. B. Cannon, Asso ciate Professor of Dermatology and Syphilology, College of Physicians and Surgeons, Columbia University, Dr. J. G. Hopkins, Professor of Dermatology and Syphilology, College of Physicians and Surgeons, Columbia University; Dr. Haven Emerson, College of Physicians and Surgeons, Columbia Uni versity; Dr. T. F. Laurie, State Health Department, Albany; Dr. Lawrence E. Sprout, Rome, Homer Folks, Executive Secretary, New York State Charities Aid Association, Mr. George J, Nelbach, Mrs. Marie F. Kirwan, R. N., and Mrs. Marion Simonson, R. N., State Charities Aid Association, New York City, Miss Dorothy Deming, General Director National Organiza tion for Public Health. Nursing, New York City; Miss Mildred Hearsey, Presbyterian Hospital, New York City; Miss Katherine B. Crisp, Buffalo General Hospital, Buffalo; Mr. Mahlon C. Ward, Board of Directors, Buffalo Tuberculo sis Association of Erie County, Buffalo; Miss Alma C. Haupt, Director of the Nursing Bureau, Miss Margaret Reid, Educa tional Director, and Miss Hortense Gruher, Supervisor of Atlantic Coast Territory, Metropolitan Life Insurance Com pany, New York City. NORTH CAROLINA: Dr. Anna M. Gove, Department of Health, Woman’s College of the University of North Carolina, Greensboro; Dr. C. C. Hudson, Health Officer, Greensboro; Dr. Mm T. Poster, Health Officer, Cumberland County, Payetteville; Dr. G. C, Lea, Health Officer, Charlotte; Dr. A. H. Elliot, Health Officer, New Hanover County and Wilmington; Dr. William P. Richardson, Orange-Person District Health Officer, Chapel Hill. OHIO: Dr. N. C. Dysart, Health Commissioner, Columbus; Dr. Harold Jackson Gordon, Venereal Disease Clinician, City Clinics, Akron; Dr. J. Grant Marthens, Chief, Dayton Health Clinic, Dayton; Miss Nelda A. Weathers, Director Social Service, City Hospital, Cleveland; Dr. J. A. Doull, Department of Hygiene and Bacteriology, Western Reserve University, Cleveland; Dr. R. N. Hoyt, Secretaiy Social Hygiene Com mittee, Cleveland Health Council, Cleveland; Dr. E. J - 12 - Braun, Chief Diagnostic Clinic, Cleveland; and Dr. H, .N. Cole, Professor of Dermatology and Syphilology, Western Reserve University. OKLAHOMA.: Dr. Anson Clark, Oklahoma City. PENNSYLVANIA: Eight representatives of the Pennsylvania State Department of Health will come-from Harrisburg to attend the Confer ence. They are: Dr. J. Moore Campbell, Director of the Bureau of Health Conservation, Dr. M. P. Haralson and Dr. J. R. Heller, Jr., U. S, Public Health Service Consulting , Specialists; Dr. Edgar S. Everhart, Director of the Divi sion of Syphilis«and Genitoinfectious Diseases, and four members of his .staff, Dr. W. W. .Bolton, Dr. A.' E. Doyle, Mrs. Thelma W. McGourty and Miss Anna Conway. Prom the University of Pennsylvania come Dr. John H. Stokes, Dr. N. R. Ingraham, Dr. P. S. Pelouze, Miss Lena R. Waters, Mrs. Norman Ingraham. Prom Temple University, Dr. Carrol Wright, and Dr. Jacques P. Gucquierre. Prom Jefferson Medical College, Dr. Prank C. Knowles, Dr. William C. Hunsicker, Director of Public Health, Philadelphia; pr. I. Hope Alexander, Director of Public Health, Pittsburgh; Dr. J. Miller Kenworthy, Asso ciate Professor of Urology, Hahnemann Medical College; Dr. J. James Condran, of Easton; Miss Ruth W. Hubbard, General Director of the Visiting Nurse Society, Philadelphia; and Miss Laura E. Curwell, Psychiatric Social Workers, Veterans Administration, Coatesville. - 13 RHODE ISLAND: Dr. M. L. Grover, Chief of the Bureau of Freventahle Dis eases, State Department of Health, Providence; and two mem bers of his staff, Mr. 1. 3. Casey, and Dr. D. L. Morrissey, Providence. SOUTH CAROLINA: Dr. Leon Banon, Health Officer, Charleston. TENNESSEE: Dr. Hugh J. Morgan, Professor of Clinical Medicine, Vander bilt University, Dr. J. T. Watkins, Director of the City Venereal Disease Clinic, Nashville; Dr. John J. Mullowney, President of Meharry Medical College, Nashville. TEXAS: Dr. William B. Sharp, University of Texas, Division of Bacteriology and Preventive Medicine, Galveston; Miss Mary Stewart, Executive Secretary, Social Hygiene Association, Houston; Dr. W. A. King, Health Officer, San Antonio. VIRGINIA: Dr. Lawrence T. Price, Professor of Clinical Genito-Urinary Surgery, Medical College of Virginia, Richmond; Dr. Clyde E. Ross, Richmond; Dr. John H. Neff, Department of Urology and Proctology, University of Virginia Hospital, Univer sity; Dr. Morgan E. Norris, Kilmarnock; Mrs, Jean C. Harris, Veterans Administration, Roanoke. IVSST VIRGINIA: Dr. Rex A. Burdette, Monongalia County Health Officer, Morgantown; Dr. Hugh B. Robins, Health Commissioner,. Charleston; Dr. R. L. Hunter, County Health Officer, Madison; Dr. W. G. C. Hill, Marshall County Health Officer, Moundsville; Dr. W. T. Booher, Brooke County Health Offi cer, Wellsburg; Dr. Charles W. Waddell, Clinician, 14 Fairmont; Dr. C* Y* Moser, Preston County Health Officer, ICingwood; Dr. Reece M. pedicord, City-County Health Offi cer, YJheeling. WISCONSIN: Dr, B. M. Guilford, Di rector of the Bureau of Comiminicahle Diseases, State Board of Health, Madison; Dr. James C. Sargent, Professor of Genito-Urinaiy Diseases,, Mai-quette University, Urologist, and President-Elect of the Wisconsin State Medical Society, Milwaukee; Dr. Edward McEillip, City Board of Health, Milwaukee; Dr. Charles M, Giesen, Director, Venereal Disease Clinic, Superior. SJtBAStfllY SKPAKBlffiNf Public Health Servie« Press Release CONFIDENTIAL: NOT TO BE RELASED BEFORE DECEMBER 28 For Release: livening papers, ilon&ay, December 86 Morning peters, Tuesday, Decenber 2$ CONTROL OF SYPHILIS DEPENDS ON EARLY TREATMENT t M it y i ' M. > H '* t !X V V \ ' 1 II 1 I 41 1 V:' M M l U l i ' i n t t< (Abstract of a paper to be read by Dr* J.H. Stokes, Prof ess or pf Dermatology and Syphilo 1ogy,TJniversity of Pennsylvania-- at the Conference on Venereal Disease Control Work with the Surgeon General,Washington,D .C *•- First General Session Monday afternoon,Deo* 28, 1936 - Department of Commerce Auditorium*) If early syphilis were successfully treated, the tragic results *f later stages of the disease, syphilis in the expectant mother, and con genital syphilis, would he p r e v e n t e d , ^ t o - n H' ■'**?“1 1**** Discussing the high points in the treatment of early syphilis, la tency t the syphilitic woman and her child, end neurosyphilis, Dr. Stokes strongly advocated the continuous-alternating system of treatment by which courses alternating of an arsphenaaine and a heavy metal compound are between given with no rest periods dmxta^pcac coursesoJjtesackauczk. - 2 - Studies of the Cooperative Clinical Croup, a syphilis research ac tivity of the Division of Venereal Diseases, U. S. Public Health Service, show that this method gives better results than the interaittent system as used in the United States, the intermittent treatment usually aeons lapses in an alternating system with the result that more patients re lapse, and successful treatment is delayed. ttfhe most refractory stage of early syphilis11, said Dr. Stokes, the seropositive primary, and it is during this stage that most patients present themselves for treatment. Xt is only by greatly increasing the amount of treatment called for in seronegative primary syphilis or in the fully developed secondary stage that the expectancy can be brought up to the general level. Secondary syphilie treated by intermittent methods yields even poorer results than seropositive primary, but If treated by a continuous system, the results closely approximate the b e ^ obtained in seronegative primary syphilis.* Further clinical problems in the treatment of syphilis discussed by Dr. Stokes were the choice of infection-controlling drugs, routine procedures, the treatment of syphilie of the eyes, fever therapy, and - reactions to treatment . 3- He said, in part* Hfhe arsphenaaines remain the most important infection-controlling drugs. Heither drugs nor methods which are not spirillcid&X should be relied upon for the treatment of early syphilis, fhe critical point in the arsphenssiiae-control of infectiousaees lies between the fourth and the ninth injections, treatment discontinued between the first and fourth injections leads to percent relapse| treatment prolonged to from 5 to 9 injections leads to only lh percent relapse. the min* imum of 20 injections each of an arsenlcd. and a heavy metal advocated by the Cooperative Clinical Group has consistently proved bo be superior in every way to anything less. Bismuth has apparently established its worth over mercury, especially in the prevention of relapse. »frequent testing of the hbod and spinal fluid are unnecessary as a routine procedure. It is essential that the patient should understand that his blood test means nothing with reference to his treatment sched ule. Weak positives occurring during treatment In early syphilis should be taken seriously as forewarnings of a tendency to relapse, and a re turn to a s t r o l l y positive reaction after a series of! negatives in either - k early or latent syphilis Is & serious warning. A fixed positive reaction Is «ore than anything else the 'penalty of irregularity In treatment; fur ther treatment should he given* hut panic over irreversible positive re actions in patients with negative spinal fluids is often needless* and rarely calls for extreme measures. 11 Latent syphilis calls for the same continuity and technic as early syphilis* except that fewer injections &r©necessary. Only ©bout 50 par cent of patients become lastingly seronegative. #fwo blood tests should be made in each pregnancy. The first at the third month makes possible the institution of treatment before the fifth month; the second at the eighth month detects the possible transmission of infect ion during pregnancy, the principles of the prevention of con genital syphilis are simple! (1) Recognise infection before the fifth month; (2) treat the syphilitic woman through each pregnancy whether the f&seertsan Is positive or negative (3) give in excess of h grams of neoarsphenamine in a total of at least 10 Injections and also at least 10 injections of bismuth* but rely upon the ar«phena mine and end with it; (k) have cord and 10th day blood i#*t® on the baby, not ih# farmer d o n e } É& follow the child for at Xeaot two year# f if ayphilte la suspected, have X-ray »indie# of in# bo»## shortly after birth, rc a r d i e # # of blood finding«. * ln treating interstitial karat iti# intensive arseaioal and M psuth therapy similar to that for early syphilis can « a m an involved «ye, and prevent involvement of ih# other. F e w theriqpy, ueing malaria or typhoid v«ccine, is r#eoMM#nd#d for th# treatment of rasistant prenatal «yphlli#,. not mra-KaasermiHSastn*#* which 1# common mid relatively un important, but refractory oas#« of interstitial keratitis, bone iteroXve- aent, juvenile paralysis, etc. Hfh#re is not much choice between tryparsamide and malaria for the treatment of neur ©syphilis. dueing fewer* Malaria i# rated a# the best mean® of in* The relative v H n a a of the variati# meehenioal moan# of producing fever ere still in the balance. S t r e m o « # objection 1# made to their present uncontrolled use by inexperienced worker®. ^Reactions to treatment can be reduced by careful observation of the patient at every visit* attention to all minor reaction« and die* confort#, regulation of diet* and extreme precautions against blunder« in the technic of administration. * SSSSW"» THE CJftMBffiiT OF THE UNITED STATES COAST GUARD wAssmT^ w x ftz r n m m use. dear Mr* President: On behalf of the entire personnel of the United States Coast Guard, may X express to you the thanks and appreciation of the Service for your kind and thoughtful Christmas Greetings, which, in obedience with your wishes, will be transmitted to the offioers and men by radio on Christman Ere* It is very gratifying that our past performances have been such as to merit your praiseworthy comment, and your message will, Z assure you, serve to inspire us all to greater achievement in the future* Faithfully yours, R. R. WAESCHE Rear Admiral, U. S. Coast Guard, Commandant* ttiwzBsr WASHING December 24, 1936 fO THE COAST GUARD! The Coast Guard has fulfilled the high expectations of the country in the faithful performance of its duties and has, throughout the year now drawing to a close, steadfastly maintained the fine traditions of the Service* To every officer and enlisted man 1 extend ay best wishss for a joyous Christman Season and a Happy Hew Tsar* Franklin D* Roosevelt Commander- in-Chief. .t i / IlyldD D lA TURU LhA BU Dec. 24, 1936 The following Christmas mess a.re from t£M, the President, subscribed as Commander-in-Chief, has been relayed to the entire personnel of the United States Coast Uuard; (Insert 1) Sleds’V.. , ,h ^ The... f oilov.lrip; reply has been addressed to the President b; the Commandant of the Coast $uard: (Insert 2) li TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Thursday, December 24, 1956». Press Service No# 9-24 The following Christmas message from the President, subscribed as Comnandcr-in-Chief, has been received to be relayed to the entire personnel of the United States Coast Guard: "TO THE COAST GUARD: "The Coast Guard has fulfilled the high expectations of the country in the faithful performance of its duties and has, throughout the year now drawing to a close, steadfastly maintained the fine traditions of the Service#. To every officer and enlisted man I extend my best wishes for a joyous Christmas Season and a Happy New Year#. Franklin D. Roosevelt, Commandcr-in-Chiof." The following reply has been addressed to the President by the Commandant of the Coast Guard: "My dear Hr. President: "On behalf of the entire personnel of the United States Coast Guard, may I express to you the thanks and appreci ation of the Service for your kind and thoughtful Christmas Greetings, which, in obedience with your wishes, will be transmitted to the officers and men by radio on Christmas Eve "It is very gratifying that our past performances have boon such as to merit your praiseworthy comment, and your message will, I assure you, serve to inspire us all to greater achievement in the future# Faithfully yours, R. R, Waoschc Rear Admiral, U.S^' Coast Guard, Commandant •" — 0O 0— ° l~ I 'T December 23, 1936. The Treasury Department announced today th a t, under the cireumstances sta ted below, the follo w in g procedures in connection with imports from Germany would not in volve the payment or bestowal o f any bounty or grant w ith in the purview o f se c tio n 303 o f the T a r if f Act of" 1930 (U. S. C ., t i t l e 19, se c . 1303). 1* Payment o f the purchase p r ic e , in whole or in p a rt, with the use o f c o n tro lle d mark c r e d it s , provided that the c r e d its so used have been, from the time they became su b ject to German governmental c o n tro l, continu o usly owned by the person fo r whose a c tu a l account the merchandise is purchased fo r d ir e c t or in d ire c t shipment to the United S ta te s . 2» Payment of the purchase p r ic e , in whole or in p a rt, with the proceeds o f the s a le in Germany o f mer chandise exported from the United S ta te s , provided th at such proceeds, u n t il so used, have been continuously owned by the person fo r whose a c tu a l account the American mer chandise i s sold in Germany and the German goods are purchased in that country. 3. Combinations of the foregoin g two procedures. 4 . Exchange of merchandise between s in g le German and American p a r tie s without any monetary tra n sa ctio n a c tu a lly taking p la c e . The foregoing contemplates th at the purchase o f German goods w ill be made fo r the a c tu a l account of the o r ig in a l and continuous owner of the co n tro lled mark c re d its used, or o f the American vendor o f the American exports so ld in Germany, and that in no case w ill the German funds o f such owner or vendor be used to purchase German products fo r the account o f any other person or o rgan izatio n ; and lik e w ise th at the German products exchanged fo r American goods in any perm itted b arter tra n sa ctio n w i ll be received fo r the a c tu a l account o f the person or organ izatio n fo r whose a ctu a l account the American exports were shipped to Germany. TREASURY DEPARTMENT Washington FOR Il'H.lEDIATB RELEASE, Wednesday, December 23, 1956, Press Service No# 9-25 The Treasury Department announced today that, under the cir cumstances stated below, the following procedures in connection with imports from Germany would not involve the payment or bestowal of any bounty or grant within the purview of section 303 of the Tariff Act of 1930 (U«S*C., title 19, sec. 1303). 1. Payment of the purchase price; in whole or in part, with the use of controlled mark credits, provided that the credits so used have been, from the time they became subject to German governmental control, continuously owned by the person for whose actual account the merchandise is purchased for direct or indirect shipment to the United States. 2* Payment of the purchase price, in whole or in part, with the proceeds of the salo in Germany of merchandise exported from the United States, provided that such pro ceeds, until so used, have been continuously owned by the person for whoso actual account the American merchandise is sold in Germany and the G o m a n goods are purchased in that country. 3. Combinations of tho foregoing two procedures# 4, Exchange of merchandise between single G o m a n and American parties without any monetary transaction actually taking place. The foregoing contemplates that the purchase of German goods will bo mado for the actual account of the original and continuous owner of the controlled mark credits used, or of the American vendor of tho American exports sold in Germany, and that in no case ’will the G o m a n funds of such owner or vendor bo used to purchase G o m a n pro ducts for the account of any other person or organization; o.nd like wise that tho German products exchanged for American goods in any permitted barter transaction will be received for tho actual account of the person or organization for whoso actual account the American exports wore shipped to Germany, -oOo- TREASURY DEPARTMENT WASHINGTON MEMORANDUM FOR THE PRESS: December 28, 1936 RECEIPTS ftF-SILVER BY THE MINTS AND ASSAY OFFICES;.. (Under Executive Proclamation of December 21, 1933) as amended Week ended December 24, 1936: Philadelphia..... ........................... Sail Francisco................................. Denver.... ..... Total for week ended December 24, 1936.......... Total receipts through December 24, 1936........ 189,427.14 fine ounces « fr 669,381.95 It I! 10,869.77 I! H 689,678.86 IT II 119,915,604.32 SILVER TRANSFERRED TO UNITED STATES: (Under Executive Proclamation of August 9, 1934) Week ended December 24, 1936r Philadelphia.................................. New York...... ................................ San Francisco.......... ....................... Denver............. . .......................... New Orleans...... .............................. Seattle........ ............................... Total for week ended December 24, 1936.......... Total receipts through December 24, 1936........ _ _ fine ounces ft 153.00 _ _ - It ft It rt IT 11 II Tf II 153 .00 11 1» 112,992,803.27 II H RECEIPTS OF GOLD BY THE MINTS AND ASSAY OFFICES: Week ended December 24, 1936: Imports 19,590.31 Philadelphia......... .............$ New York.............. ............. 16,064,800.00 San Francisco...... ....... ........ 40,903.79 Denver........ ................... 9,945.07 New Orleans ..... ................. 250.00 Seattle ........................... Total for wèek.ended December 24,1936 $16,135,489.17 00O00 Secondary $ 74,132.79 106,200.00 11,391.21 12,080.70 18,000.00 6,072.09 $227,876.79 New Domestic $ 100,000 ..00 1,348,121.86 470,280.62 414,819.45 $2,333,221.93 To have mental honesty and keen s o c ia l th in kin g break through and conquer f e a r , p reju d ice and h ypocrisy i s , o f course, o f tremendous importance in the advance we are committed to make on ven ereal d isea se. But i t means more than a v ic to r y in a s p e c if ic f i e l d — I t reaches out and g iv es fre sh courage to us on^lie^okay other b a ttle fr o n ts A o f human progress whejy, in some m an ifestation , p reju d ice and fe a r and h ypocrisy are ever the c h ie f fo rc e s again st us. ' I think I can share w ith you the r e a liz a tio n o f the deep s ig n ific a n c e o f th is conference, so w idely rep resen ta tive o f the men and women who have done so much in the f i e l d o f human s e r v ic e , and who must do so much more. P a r t ic u la r ly may I express my g ra titu d e in being p r iv ile g e d to share w ith you the trib u te you pay today to the man whose courageous lead ersh ip and con stru ctiv e statesmanship has made th is g reat conference p o ssib le under the auspices o f the United S ta tes Government - the Surgeon General o f the United S ta tes P u b lic Health S ervice, Dr. Parran. ' ~2~ f s If May I f f o r ju s t a moment, s tre s s the f u l l im p licatio n s o f the sentence in the P re sid e n t1 s l e t t e r r e fe r r in g to the g r a tify in g recent in crease in p u b lic in te r e s t in the problem b efo re th is conference. f %You who make up the membership o f th ese meetings are more aware than any others can be o f how widespread, fa r reaching and how in t e llig e n t th is newly expressed p u b lic in te r e s t i s . You, more than anyone e ls e , sense the p o te n tia l achievements f o r human w e lfa re fo r which i t opens the way. But, I doubt very much i f any o f you have r e a liz e d the b a sic reason f o r th is tremendously important advance in p u b lic a ttitu d e and thinkin g which seems to have taken p la ce so n n suddenly. ^ G ratifying i t i s , but not su rp risin g , jthe r e a l reason f o r i t - the answer - i s here - in the names and the records o f life tim e se rv ic e o f the men and women who make up the program, the p a n els, and the committees o f t h is conference. ^Por many y e a rs , t i r e l e s s l y and ab ly you have b a ttle d to conserve human va lu es. You* ve la id a deep and sound foundations f o r the s w ifte r progress th a t l i e s ahead. - She c le a r thinking and vigorous response th at i s being given today to a u n ited nationwide drive upon the problem o f ven ereal d isease could r e s u lt on ly from such long, p a tien t and s c i e n t i f i c a l l y sound work as you who are here today have c a r r ie d on through the y e a rs . T H E WHITE H O U S E WASHINGTON "December 24-, 1936 My dear Miss Roche: I deeply ap p reciate your in v it a t io n , and th a t o f Surgeon General Parran, to address the opening sessio n o f the n a tio n a l con ference on venereal d isease co n tro l, and I wish i t were p o ssib le fo r me to do so. Since I cannot attend in person, I am glad to convey to you, and through you to those in attendance a t the m eeting, th is ex pression o f my very deep in te r e s t in the success o f your e f f o r t s . " The recent in crease in p u b lic in t e r e s t in the problem before the conference i s extrem ely g r a tify in g . With the a ssis ta n c e now being given by the P u blic Health S ervice through S o c ia l S e c u rity funds, i t should be p o ssib le f o r S ta te and lo c a l h ealth a u th o ritie s to develop needed f a c i l i t i e s fo r the treatm ent and con trol o f these d isea ses. I t i s my understanding th a t out o f your d e lib e ra tio n s th ere w i l l come a statement o f p rin c ip le s and methods which should be u s e fu l to every community in the country in applying most e f f e c t iv e ly the s c ie n t if ic knowledge which we have to minimize these serious hazards to the p ublic h e a lth . nThe Federal Government i s deeply in te re ste d in conserving the resources o f the country by a l l appropriate methods. The a tta in ment o f your o b je c tiv e s would do much to conserve our human resources and would reduce considerably the present la rg e co sts fo r the community care o f the d isastrou s end r e s u lts o f the ven ereal d ise a se s . You have ay b est wishes fo r su ccess. Very s in c e re ly yours, Honorable Josephine Roche, A ssista n t S ecretary in Charge o f P u blic H ealth, Department o f the Treasury, Washington, D. C.'\ Washington FOR IMMEDIATE RELEASE Monday. December 28, 1956» Press S e rv ice No. 9-26 1he following message from President by Miss Josephine roche, Assistant Secretary of the Areasury Roosevelt was readiat"the opening session of the Conference on ^en©re.H Disease Control ^ork this in the Department of Commerce Auditorium: f morning TREASURY DEPARTMENT Washington EOR IMMEDIATE RELEASE Monday, December 28, 1936, Press Service No. 9-26 T^e following message from President Roosevelt was read t>y Miss Josephine Roche, Assistant Secretary of the Treasury, at the opening session of the Conference on Venereal Disease Control Work this morning in the Department of Commerce Auditorium: ’’December 24, 1936 ”My dear Miss Roche; ,?I deeply appreciate your invitation, and that of Surgeon Genereal Parran, to address the opening session of the national con ference on venereal disease Control, and I wish it were possible for me to do so. Since I cannot attend in person, I am glad to convey to you, and through you to those in attendance at the meeting, this ex pression of my very deep interest in the success of your efforts. ’’The recent increase in public interest in the problem before the conference is extremely gratifying. With the assistance now being given by the Public Health Service through Social Security funds, it should be possible for State and local health authorities to develop needed facilities for tho treatment and control of these diseases. It is my understanding that out of your deliberations there will come a statement of principles and methods which should be useful to every community in the country in applying most effectively the scientific knowledge which we have to minimize these serious hazards to the public health. t!The Federal Government is deeply interested in conserving the resources of the country by all appropriate methods. The attain ment of your objectives would do much to conserve our human resources and would reduce considerably the present large costs for the community care of the disastrous end results of the venereal diseases. You have my best wishes for success. Very sincerely yours, (Signed) FRANKLIN D. ROOSEVELT Honorable Josephine Roche, Assistant Secretary in Charge of Public Health, Department of the Treasury, Washington, D. C,” - 2 - Following the reading of the President’s message, Miss Roche said: ’’May I, for just a moment, stress the full implications of the sentence in the President’s letter referring to the gratifying recent increase in public interest in the problem before this conference. ’’You who make up the membership of these meetings are more aware than any others can be of how widespread, far reaching and how intelligent this newly expressed public interest is. You, more than anyone else, sense the potential achievements for human welfare for which it opens the way. But, I doubt very much if any of you have realized the basic reason for this tremendously important advance in public attitude and thinking which seems to have taken place so suddenly. ’’G-ratifying it is, but not surprising. The real reason for it— the answer - is here - in the names and the records of lifetime service of the men and women who make up the program, the panels, and the committees of this conference. ’’For many years, tirelessly and ably you have battled to conserve human values. You’ve laid a deep and sound foundation for the swifter progress that lies ahead. ”The clear thinking and vigorous response that is being given today to a united nationwide drive upon the problem of venereal disease could result only from such long, patient and scientifically sound work as you who are here today have carried on through the years. To have mental honesty and keen social thinking break through and conquer fear, prejudice and hypocrisy is, of course, of tremendous importance in the a,dvanoe we are committed to make on venereal disease. But it means more than a. victory in a specific field— it reaches out and gives fresh courage to us to move forward on the many other battlefronts of human progress where, in some manifestation, prejudice and fear and hypocrisy are ever the chief forces against us. ”1 think I can share with you the realization of the deep significance of this conference, so widely respresentative of the men and women who have done so much in the field of human service, and who must do so much more. Particularly may I express my gratitude in boing privileged to share with you the tribute you pay today to the man whose courageous leadership and constructive statesmanship has made this great conference possible under the auspices of the United States Government — the Surgeon G-eneral of the United States Public Health Service, Dr« Parran.” 00O 00 iraiKXXxi&xxx The vault is hounded on all sides hy a corridor. The corridor, in turn, is completely enclosed hy ihs: space used for offices, store rooms, etc. ihe outer wall of the corridor is similar in construction to the walls of the vault. XteirxxEHiEXximiixHftxfcJiflcxteiaiiiiiig: The outer wall of the depository is of Tennessee granite, lined with concrete 3 g t.ijfiI- ateia^. Over the mar hie entrance is the inscription "United States Depository, with the black end gold seal of the Treasury ^epartmenlr r' From the basement of the Depository entrance is gained to four a , where gu ard s will stand constant watch. The building is encircled hy a circij roadway, and the entire property is inclosed hy a fence, with sentry stations at the entry gate. The gate is at the end of a recently constructed road leading to the Dixie Eiwhvay. ihs: Offices of the Captain of the Guard and of the Chief Clerk in Charge open upon the entrance lobby. Other The United States Depository at Fort Knox, K y . The United States Depository has been constructed at a cost of approximately #500,000 for the safekeeping of gold buillion. The site, formerly ,a portion of the Fort Knox military reservation, was deeded to the Treasury Department. The building is of granite, steel and concrete, based upon a 1 0 -foot mat of concrete^ *Jts exterior dimensions 105 by 121 feet. K. Within the building is a two-story steel and concrete vault, with fourteen compartments in the subterranean level and fourteen on the ground level. % © vault door weighs more than twenty tons.x^xxxxx^Kt^xxisxxg It can be opened only by several members of the depository staff, each dialing a separate combination. The vault casing is 25 inches thick. Inside a half-inch steel plate is a continuous row of 6 -inch I-beams. Another half inch plate separates thhbeams from, the 18-inch steel and concrete wall, in which alternate layers of corrugated hoop bands have been laced about upright steel cylinders and then encased in hi» concrete. The vault roayji, of similar composition, is independent of the bombproof Depository roof. Mirrors“give guards a constant view of the space between the roofs. THE UNITED STATES DEPOSITORY FORT KNOX, KENTUCKY December 29, 1936 At Fort Knox, Kentucky, approximately 30 miles southwest of Louisville, is situated the United States Depository, recently com pleted, at a cost of about $560,000, for the safekeeping of gold bullion. The site, formerly a part of the Fort Knox military reservation, was deeded to the Treasury Department. The two-story, basement and attic building is of granite, steel and concrete, based upon a 10—foot mat of concrete. are 105 by 121 feet. Its exterior dimensions Its height is 42 feet above the first floor level. It was constructed under the supervision of the Procurement Division of the Treasury Department and upon its completion was turned over to the Director of the Mint. li thin the building is a two-level steel and concrete vault, 40 by 60 feet, with fourteen compartments in the subterranean and a like number in the ground level. The vault door weighs more than 20 tons. No one person can open it alone, but different members of the Depository staff must dial separate combinations. thick. The vault casing is 25 inches The construction includes steel plates, steel I-beams and steel cylinders laced with hoop bands and encased in concrete. The vault roof, of similar construction, is independent of the'bonoproof Depository roof. A corridor encircling the vault is fitted with mirrors which give guards a constant view of the space between the two roofs. Between the corridor and the outer wall of the Depository the space is utilized for offices, store rooms and other purposes. The outer wall of the Depository is of Tennessee granite lined with concrete. Over the marble entrance at the front of the building is the inscription ^United States Depository11 with the gold seal of the treasury Depart ment. Offices of the Chief Clerk in Charge and of the Captain of the Guard open upon the entrance lobby. At the rear of the building is another entrance, for the reception of bullion and supplies. Facilities for weighing the bullion and for accounting forces occupy other rooms. Outside the building, but connected with it by passages from the ba.sement of the Depository, are four guard boxes, one at each corner of the building. A driveway encircles the building. marks the boundaries of the site. A steel fence The driveway leads through an entranc gate, down a newly constructed road to the Dixie Highway. Sentry boxes, similar to the guard boxes at the corners of the Depository, are situated at the entrance gate. An automatic electric signal-system telephone, a radio and a microphone equipment have been installed among the mechanical safeguards in the building. The nearby Army post gives additional protection. The Depository is equipped with its own emergency power plant, water system and other facilities. The basement includes a pistol range for guards. The Chief-Clerk-in-Charge, Bussell T. Van Horne, is an officer of many years experience in the field service of the Mint. The guard force is made up of men selected from various government agencies. DATA OH UNITED STATES DEPOSITORY FORT KNOX, KENTUCKY Dimensions of "building - 105 x 121 feet. Height, 42 feet above first floor. Principal construction contracts: General Construction - Great Lakes Construction Co. Chicago - $468,274. Elevator — Haughton Elevator and Machinery Co. Washington, D. C. - $10,996. Vpult entrance ~ Hosier Safe Co., Hamilton, Ohio $16,862.71. Approximate quantity and cost data: Excavation....................... Granite.... .............. Concrete............... Reinforcing steel.............. Structural steel................... 6,000 yards 16,500 cu. ft. 4,200 cu. yds. 750 tons 670 tons Ornamental iron and stainless steel windows and grilles............... $38,000 Hollow metal doors and partitions..$ 9,200 Electrically operated doors..... ..$ 7,000 Electrical work including radio and alarm sy stems....... ......... $39,500 Interior tile work,......... ......$ 1,700 Interior marhle work..............$6,500 Plumbing, healing & ventilating....$21,500 ooOoo T m m m nmÀmmm fashlngtom fon rsisasi, wmxm wMmmmw.$ fratse s«m«« Taasday. !)»e«abar H9. 1956.____ U/ka/36 of tho Treasury Morgeath&u aaaouneed la et orenlng that thè tendere for teo series of Treasury biliat io bo datad Decomber ìf, lili, uhith «oro offercd on Decomber 24, nere opened ai thè federai I N w t m teak» ©m Decomber 28, 1ÌS§* Tenderà «oro larited for thè ino sortee io ilio aggregate amoant of #100,000,000 0? there&bouts, and *258,736,000 mas applied for, of whlth #100,075,000 nao ac- eepted» The detallo of tino too serles aro ao folíenos m » m y TMusoiar a m a , m f o i i m m a s i ia» 1757 for thls series, staioh nao for #85,000,000, or thoreabouto t thè total araount applled for nao #140,621,000, of «àsleh #50,035,000 nao aoeopted* Sxcept for eoo bld of #9,000, thè aoeopted blds ranged la prioe fresa 99*993, equlralent to a rate of atout 0*059 peroent por annua, to 99*961, equlralent to a rato of 0*150 portassi por arano, oa a benk discount bario* ter prie® nao aoeopted. Only pari of tha anonnt bld for ai thè lai* fin arara gs prie® of Treasury billa of thls series to bo isaued io 99*976 and thè arerete rate lo atout 0*109 peroent per annua on a banh discount baaio* 275 -^àf m m m m for thio oerieo, nhioh m a nnxs. m w s s s m r w m m 9 9 . 19 57 for #50,005,000, or thoreabouto, thè total anconi applied for nao #115,115,000, of whieh #50,040,000 nao aoeopted* Sxoept for one bld of #30,000, thè assepted bidè ranged in prioe fren 99*545, equiralent to a rate of about 0*900 portoni per annua, to 99*781, equivalenti t© a rate of about 0*395 por* soni por anana, on a banh discount baois. lattar prie® nao aoeopted* Only pari of tho aaount bld for at thè The arenate prioe of Treasury bilia of thio oorloo to be loouod lo 99*777 and tho arenate rate lo about 0*394 portoni por annum on a balde discount basto* TREASURY DEPARTMENT Washington Press Service No, 9-27 FOR RELEASE, MORNING NEWSPAPERS Tuesd ~ D ecember 29, 1936 I 2728' 5 Secretai^ of the Treasury Morgenthau announced last evening that the tenders for two series of Treasury bills, to be dated December 30, 1936, which vfere offered on December 24, were opened at the Federal Reserve banks on December 28, 1936, Tenders were invited for the two series to the aggregate amount of $100,000,000, or thereabouts, and $258,736,000 was applied for, of which $100,073,000 was accepted. The details of the two series are as follows: 78-DAY TREASURY BILLS, MATURING MARCH 18, 1937 For this series, which was for $50,000,000, or thereabouts, the total amount applied for was $140,621,000, of which $50,033,000 vra.s accepted. Except for one bid of $9,000, the accepted bids ranged in price from 99,993, equivalent to a rate of about 0,032 percent per annum, to 99,961, equivalent to a rate of 0,180 percent .per annum, on a bank discount basis. the latter price was accepted. Only part of the amount bid for at The average price of Treasury bills of this series to be issued is 99,976 and the average rate is about 0,109 percent per annum on a bank discount basis. 273-DAY TREASURY BILLS, MATURING SEPTEMBER 29, 1937 For this series, which was for $50,000,000, or thereabouts, the total amount applied for was $118,115,000, of which $50,040,000 was accepted. Except for one bid of $30,000, the accepted bids ranged in price from 99.,848, equivalent to a rate of about 0.200 percent per annum, to 99,751, equivalent to a rate of about 0.328 percent per annum, on a bank discount basis,. bid for at the latter price was accepted. Ojaly part of the amount The average price of Treasury bills of this series to be issued is 99,777 and the average rate is about 0.294 percent per annum on a bank discount basis, — 0O0— FOREIGN 398. and TERRITORIAL McKay, Dr. A. L. Ontario Dept, of u ealth Toronto, Ontario, Canada 399. Baasols. Dr. C. Francisco Mexico City Mexico 400. Arbona, Dr. Guiilerma Health Dept. Puerto Rioo (Postgraduate work, Johns Hopkins School of Hygiene) 401. Lee, Dr. Richard K. C. Deputy Health Officer Honolulu, Hawaii 402. Warn Herrera, Dr. Julio Roberto Guatemala (Postgraduate work, Johns Hopkins School of Hygiene) 4S8mxmi§fibE 403. Quintinl, Dr. Jose Venezuela (Johns Hopkins School of Hygiene) 404. Rovirosa, Dr. Gustavo Mexico Dept, of Public ^ealth Mexico City, Max. (Postgraduate Work, Johns Hopkins, school of Hygiene) 405* Russo, Dr. G, Health uffleer Rome, Italy (Postgraduate work, Johns Hospkins, School of Hygiene) 406. Sanchez, Felipe Mexico 407. (School of Hygiene, Johns Hopkins) Sutter, Victor A. El Salvador, Central America ( School of Hygiene, Johns Hopkins W isconsin, Cont*d Smith, Dr. TSugeno A. Milwaukee County Xni5tittition.fi Milwaukee, Wifi» fresai»an, Dr, Milton State Health Dept. Ararle du Sac, ft.1®,,, WTOMXHG Anderson, Dr. £>, M. S ta te Health O ffic e r Cheyenne, tfyo. TXHGXKIA, Cont*d 381 . Hunter, Dr. H. L. Boone County' ftoalth Officer Madison, W. Ya. 382 , Moser, Dr« Charles Y. County Health Officer, Preston County Xingrood, West 7a* and Mrs. 3S3- Pedicord, Dr./R. M* II- City-County Health Oomiesioaer Wheeling;, W* fa. 3S|. Price, Dr» iUM. Director, County Refilth Charleston, W. fa* 3S6. Bobbins, Dr. H. B. City Health Officer Charleston, W* fa* 387* Bohrecht, Miss Cecelia Public Health Hnrse Wheeling* W, fa. 388. Stokes, Dr. J. W. County Health Officer Hinton, W. fa* 389. Wadell, Dr. C. W, Free Clinic Fairmont> f. fa. 390* Wylie, Dr* B* M. Huntington, f. fa* Work Wisconsin 391* Giesen, Dr. Chas. W* Health Dept* Superior, Wie* 392. Guilford, Dr* H, M. State Board of Health Madison, Wie* 393* Mc&illlp, Dr. Wta, J. C h ief, Yenereal D isease D iv. Milwaukee Health Dept* Milwaukee, Wis. 3^* Sargent, Dr. James G. Chairman, Committee fen ere a l Disease Control S ta te Medical S o c ie ty of Wisconsin Milwaukee, Wie* VMMOHT 3&7 - Dalton, Dr. C, t* S e creta ry, S ta te Board of Health Burlington, Vt. 36 a. 369 . Kent, Dr. Frod S. U.3.P.H.S. Burlington, Vt. WASHmfOH Ivana, Dr. Bon 0 . . Asst. D irecto r S ta te Dept, of Health Seattle, Wash. 370. Sanger, Dr. W# B* C ity Health Dept. Spokane, Wash. 371* fhottM* Dr* J. S. Seattle, Wash. 372. Usher, 0. S. Wash* State Dept, of Health Seattle, Wash. WEST 7IR0I.m Booher, Dr. %u Thurlow lallsburg, W# Va* 373* 37^- Burdette, Dr* H. County Health Officer Morgantown, W. Va. 375* Clue, Dr* A* B* State Health Officer Charleston, W* Va. 376. Grouch, Dr. J. H. Director, Training Center Beckley, West Va. 377* Curran, Miss Elizabeth City-County health Dept. Wheeling, W. Va. 37S. Frante, Dr. b. W. Berkley Mining School Berkley, W. Va. 379* Hill, Dr. tf. C. 0. Health Director Moundsville, W, Va. 38 O. Httiae, Dr. f . W, Bair Bldg. Beckley, W. Va. 554. 356. Kirby, Dr. 32. W., Jr. Prof• of ^rology University of Virginia University, Va. iio^innes, Dr. G* F. Health Dept. Richmond, Ya. State 356. Miles, Dr* Verlin 0 ChildrenTs Hospital Arlington, Va, 357. Morgan, Dr. B. Norris, Chairman, Better u eelth Society Kilmax'nook, Va. 358. Price, Dr. Lawrence T. Imeritus Professor of Gedical College of Va. Richmond, Ya. 359. Riley, Miss Mary ^lice Director Social Vsork Medical College of Ya. Richmond, Ya. 360. Boss, Dr. Clyde 3?. Clinical Prof, of Urology, Medical College of Ya. Richmond, Va. 361. Shanholta, Dr. M. I. Health Officer Briston, Ya. 362. F. Sleet, Dr. J. 0. Health Cossaissioner • Norfolk, Ya. 363. Smith, Dr. Dudley C. Dept, of Dermatology and ^yphilology, Hnhool of Medicine University of Virginia University, Ya. 364. Tyler, Dr. G. ^olbert Health Officer Newport u ew& , Ya* 365. V/ampler, Dr. Fred J. Medical Oollege of Ya. Richmond, Va. 366. Woolwine, Dr. Charles R. Health Officer, Y. p. I, Blacksburg, Ya. 341. Bischoff, Mis8 Lillian, R. N. Director, Puhllo s ealth Nursing Medioul College ot Virginia Riohmond, Va. 342. Brumfield, Dr. W. A. H e a l t h Officer, Farmvill©, Va . 343. Burke, Dr. K. D. Public iAealth Assn. Norfolk, Va. 344. Byrd, Dr. D. W. Clinician, Public Clinic Norfolk, va. 345. Dettelbach, Miss Miriam Council of Social Agents Richmond, Va. 346. Poster, %xx W.Ö. Director, Public Welfare Richmond, Va. 347. Garnett, Dr* R* W • Health Dffleer Danville, Va . 3 4 S. Garnett, Dr. R. W . , Jr. Student Danville, Va. 349. Harris, Mrs, Jean Veterans Hospital Roanoke, Va. 350. Heering, Dr. Roger 1. Ü. 3. Public Health Service, Norfolk Marine Hospital Norfolk, Va. 351. Holmes, Dr. B. M-*f Jr. Health Officer Dairfort County, Va. 352. Johnson, Lt. Commander W. 1. Medical Corps, G. S. Marine Corps Syphilis Service, Marine Barracks Huantloo, Va. 353. Kimbrough, Dr. Raymond Director: Norfolk County venereal Disease Clinic Norfolk, V a . 327 Bleakney, Dr* P. A. Venereal disease Control Cffioer San Antonio, Texas 328* Carley, Dr* Paul S. u. 3. Public Health Service Au b tIn* Texas 329* Cherry, Hr. H. L* Venereal ¿isease Control wfficer Gid dings, 330. 331« 332. 333. Gerodetti, Dr. 0, F. \ <U Kalb Dr. T. W* Director, Venereal Disease fliv., Jefferson Davis Hospital Houston, Texas King, Dr. W. A. Health Officer San Antonio, Texas Moursund, Dr. W. H. Dean, Baylor Unlv. School of Medicine Dallas, Texas 334. Sharp, Dr. William B. Prof«, Univ. of Texas Galveston, Texas 335. Stewart, Miss **ary S eoy., btiasXn Social Hygiene Service Houston, Tex. ~ 7 336. UTAH Carr, Dr. D. D. Bureau of Venereal Diseases Salt Lake ^Ity, Utah 337. Pauli. Dr. Samuel 0. Stutaxsx State Hoard of Health Salt Lake City, Utah 338. McKay, William M. Ogden, Utah VIRGINIA c? 339. 340. Albright, Mrs. Dorothy Bureau of Public Hfe&ith Nursing Biohmond, Va. Anderson, Br.^Otis L. U. S # Public ~ealth Service Hiohmond, Va.v TENNESSEE #*4» 314. Gl? rk, Dr. % w i n gurney Venereal disease Consultant Nashville, Tenn. 315. ji 316. Faulkner, Dr. F. A* Dept* of Venereal Diseases Knoxville, Tenn* 317. Graves, Dr. Lloyd M. S u p t . , State health Dept. Memphis, Tenn. 318. Hall, Dr. E. H, University of Tennessee, Prof, of Deaa&atology and ^yphilology Knoxville, Tenn. 319. Keller, Dr. Alvin 1. Vanderbilt University, School of Medicine Nashville, Tenn. 320. Moore, Dr. F* L. County Health Cffioer Bristol, Tenn. 321. Morgan, Dr* Hugh «T. Prof, of ¿Medicine, Vanderbilt Unlv. School of Medicine Nashville, Tenn. 322. Mulloraey, Dr. tTolm «T. Pres., Meharry ^edioal College Nashville, Tenn. 323. Pharris, Dr. Crit. S^ata Dept, of ^ealth Nashville, Tenn. 324. Watkins, Dr. J. T. Nashville, Tenn. Enneis, Dr^ W* H. Bureau of **eaith Knoxville,' Tenn. TEAS 325. Bass, Dr. *T. W, _ Director Public ealth Dallas, Texas 326. Beck, Dr. ¿T. W. E. H. Dir. Maternal and Child Health Austin, Texas. \ 299 . Bruce, Dr. E. 0. President, S. C. State Medical Assn. Oreonville, 3, c. 1100* Gallia on, Dr* H. Grady State Board of ^ I t h Columbia, 0, C* 801. Davis, Dr. J, M. Columbia, B. G. 302. Hayne, Dr. ¿ames 1. S t a t e h e a l t h O f f ioer Columbia, S. G* 303. Me .Daniels, Dr. 0. I. State Board of Baa 1th Columbia, 3. C. 304. Routh, Dr. F. M. Chairman, State Board of Health Columbia, &. C« 305. Sanders, Dr. Paul W. Charleston, D. C. 306. Sedgwick, Dr# Simons Asst. Epidemiologist, State Board of health Columbia, 3* G. 307. Smith, Dr. Herbert M. State Board of 1th Columbia, 3 . c. 308. Wallace, Dr* W* h . , State Board of Health Chester, S# C. 309. /Wyman, Dr. Ben. I. State Board of Health Columbia, S. 0. 31 0 / J Wyman, Dr. Hugh I. Columbia, S. C. / SOUTH DAKOTA 311. Dyer, Dr. R. Venereal Bis ease Control Officer Huron, S. D. 312. Wilcox, Dr. E. H. Venereal Bisease Control Officer Bead, S. D. 313. Zeiss, Dr. Pred R. Director, State Venereal Bisease Control Mork Pierre, S. D. 286* Pillsbury, Dr. D. M. University of Penna • Philadelphia, Pa* 287. Bice, Ur. John W. Pres. Hoard of health Lewisburg, Pa. 288. Rosenberg, Mr* T. A. State Dept, of Health, School Medical inspector Harrisburg, Pa.* 289. Sherson, Dr. J . S. Malvern, Pa. 290. Taylor, Miss Hieanor Public Health Nurse Phoenixville, Pa. 291. Waters, Miss Lena R. Dept, of ^ocihl Service, Mosp. of Univ. Of Penn Philadelphia, Pa* 292. f 293. RHODE ISLAND Mr. Casey. hac. Thomas Administrative -sst. State Health Hept. Providence, R. I. Yeagley, Dr. John D. Director of Public Health York, Pa. 294. Grover, Dr. Morris ^ e State Epidemiologist Providence, R. X. 295. Morrissey, Dr. Daniel L. Dir* Div. of Social Hygiene State Dept, of Public ^ealth Providence, R. I. 296. Smith, Dr. Joseph Hirst Deputy Superintendent, Health Dept. Providence, R. I. SOUTH CAROLINA 297. Banov, Dr. Leon County Health yffleer Charleston, 8. C. 298. Boone, Dr. J. E. State Medical Association Columbia, S. 0. 272. Heller, Dr. JA R., ¿Tr. U. S. Public Heätlth Service Harrisburg, Pa. 273. Henderson* Dr. Thomas W. Board of Health Washington, Pa. 274. Houston, Dr. C. JE. Board of ^ealth Washington, Pa. 275. Hubbard, Miss &uth Genl. Director, Visiting Nurse Society Philadelphia, Pa. 276. Hansioker, Dr. »illiam C. Director of u ealth Philadelphia; Pa. 277. Ingraham, Dr. Norman R. Dept. of Dermatology and Byphilology School of Medicine, Univ. Of Pennsylvania Philadelphia, Pa. 278. Ingraham, Mrs. Nsmaaan R. Chief, Booial Service, Dept • Derm, and Byph. Univ. of Penn. Philadelphia, Pa. 279. Johnson, Dr, George Ä. Chief. Division of Communicable diseases Philadelphia, Pa. 280. Kenworthy, Dr. J. M . , Assoc. P r o f . Prology Hahaamann ^edical College Philadelphia, Pa. 281 i / Knowles, Dr. Prank C. Prof. , Jefferson *“edic al College Philadelphia, Pa. 282. Marks, Dr. P. J5. Director, Infectious Diseases Pittsburgh Dept, of ^ealth Pittsburgh, Pa. 4 / 283. McClelland, Miss &mx® Philadelphia, Pa. 284. Moul, Miss Mary B. Public Health «urse York, Pa. 285. Pelouze, Dr. P. A. Prof, of Urology, Univ. of Penn. Philadelphia, Pa. 261. Bolton, Dr. W. W. State Dept, of Health Philadelphia, Pa. £62. Brennan, Sister Amata, H« H. Seton Hill College Providence Hospital Greensboro, Pa. 263. Calloway, Dr. ¿F. Lamar Prof, of Dermatology and Syphilology Philadelphia, Pa. 264. Curwell, Miss Laura 3. Social Worker, Veterans Hospital Coatesville, Pa. 265. Dexter, Dr. Edith MacBride Seoreta«y, State Dept, of Health Harrisburg, Pa. t mjXm 266. Doyle, Dr. A # F. Asst. Director Penn. Dept, of Health Harrisburg, Pa. Everhart, Dr. Rdgar S. Director, Div. of Syphilology and G@aitoinf actions Diseases State Dept, of ^ a l t h Harrisburg, Pa. 268. Fretz, Dr. H. 0. Asst. Diagnostician, Communicable ^iseases Philadelphia, Pa. 269. Glenn, Sister Claudia, R. H. Seton Hill College Providence Hospital Greensboro, Pa. 270. g Halloran, Miss Alice M. Director Duroau of Niarihng State Dept, of health Harrisburg, Pa. 271. Haralson. Dr# M# F. Consulting Harrisburg, Pa. State Dept, of **ealth 349. Tuttle, Mias «fane L. Director, Visiting Nurse Society Columbus, Ohio OKLAHOMA 250« Bolen, Dr» Hex Prof» of Urology, University of Oklahoma Oklahoma City, Okla. 251* Ivans, Dr. Leo Venereal Disease Control O f f i c e r, State H©alth Dept Oklahoma City, Okla. 252. Bayes, Dr. Basil A, Syphiloiogist Oklahoma City, Okla 253. Lain, Dr. Everett S. Prof, of Dermatology and ^yphilology, Univ. Of Okla Oklahoma City, Okla. 254. Pearce, Dr. Charles M. State Commissioner of Public % a l t h Oklahoma City, Okla. 255. Stevens, Dr. Y/alter U. S. Indian Service Oklahoma City, Okla. 256. Young, Dr. A. M. School of Medicine, Univ. of Okla. )0klahoma City, Okla. 257. /kiles. Dr. W. H. ;¿City Health Officer Oklahoma City, Okla. Smx OREGON i" .. 2584 Strieker, Dr. P. D. fftate n ealth Officer ! / Portland, Oregon» P1NKSTLVANIA 259, 1 4 260. Alexander, Dr. I. ^ope Director, Dept, of Public ~ealth Plttsfcutgh, Pa. v Bailey. Miss Martha State e<h Dept. Dillsburg, Pa. tznrmtòygyrTnfcyrnIBnrrmÌèmmfììn 236. Dysart, Dr. B. 0 . Health Commissioner Columbus, Ohio 237. Galperin, Dr. A. O inoinnatti, Ohio 236. Gordon, Dr. H, P. Chief of Cl la ic s Akron, Ohio 239. Hartung, Dr. W. H. 235* Doull, Dr. P. A, Prof* Publio ^ealth, Western Heserve U niversity Cleveland, Ohio State -'ireotor of health Toledo, Ohio 240* Boughtaling, Dr. P. M, -Health Commissioner Sandusky, Ohio 241. Hoyt, Dr. R* B. Seoretary, Scoiai Hygiene Committee Cleveland, Ohio 242* Pohnson, Dr. VI, P. Y. D. Control Officer Columbus, Ohio 243* Kerns, Dr* Y. D. I Health Commissioner, Pickaway County Ciroleville, Ohio 244. Markwith, Dr. R. H. Health Coimnissioner Akron, Ohio 245. Marthens, Dr. P. Grant Chief, Publio % a l t h Clinio Dayton, Ohio 246. Owen,- Miss Heba Supervising Burse, Publio **ealth Clinio Columbus, Ohio 247. Pamraent, Dr. H. G. Health Coirmissi oner Toledo, Ohio * Smyrna Sayre, Dr. Prank M. Health Commissioner Canton, Ohio 222. Leiby, ^r. george,M* Venereal Disease Control gf f icer Raleigh, II* 0» 223. Rea, Dr* G. L* Health Officer Charlotte, 0. 224« Headline, Dr. H* F. County Health Officer Durham, if* 0« m r 225. Reynolds, Dr. G. ¥. State Health Officer Raleigh, M. C. 225. Rhyne, Dr. R. 1. County Health Officer Gastonia, H. C. 227• Richardson, Dr. w, p. District Health Officer Chapel Hill, H. C. 228. Sykes, Dr* Ralph «T. Health Officer Mt. Airy, H. C. 2 £fcS NORTH DAKOTA 229. Cowan, Dr. «T. A. Director of the Division of Preventable Diseases, State **ealth Bismarck, N. D. OHIO 230. Bolt, Dr. R. A. Director Cleveland Child ^ealth Assn. Cleveland i tftilo. 231. (Mrs. R. A. Bolt) 232. Braun, Dr. E. 3". Chief, Division of Venereal Diseases Cleveland, Ohio 233. Davis, Miss Clara Ohio State University Columbia, Ohio 34. De Ford, Miss Doris Antioch Collage, Yellow Springs, Ohio Boull, Dr. J. A 208. Thompson, y r * Medical Consultant Albany, N, Y. 209* Titus, Miss * ranees Public health Hurse Hampton, L. I. 210* Towner, Arthur W # Secy* Social Hygiene Committee **yraouse, H, Y. 211* Dniker, Dr* %oiaas Resident Physician, Grasslands Hospital^ Valhalla, K. Y. 212. Vosburgh, Dr. F. L* Clinician, ^oard of ^ a l t h Mount Vernon, M. Y. 213. W a r d , Mr * Mahlon Board of directors, Tuberculosis Association of &rie bounty Buffalo, M. 214* 0 Warren, Dr. S. L* Strong Memorial C a p i t a l Hoohester, 215. y, Wheeler, Dr. Ralph S. Mil bank Memorial *und New York Gity NORTH CAROLINA 216. Carlton, Dr. l . Health Officer xifciuc W1 nston-*^alem, N. 0, 217. Billot, Dr. A. H. Health Officer Wilmington, N. C. 218. Foster, Dr. M. T. Health Officer Fayettefille, R. c, 219. Hege, Dr. <T. Hoy Forsyth County ¿health Officer Wins ton-3 alem, N, C. SO. Hudson, Dr. A. C. Health Officer Greensboro, q. Knox, Dr, *T. 0, Epidemiologist, State Board of Health Raleigh, N. 0. 194 . Hold, Miss ^argaret Metropolitan Life Insurance Co. How fork glty 195. Richards, Guy Correspondent, M ew York ^ally M ews Mow York City iHtoxmiaaMio&iSTS^.rnl 196. Rose, Dr, Andrew How York City 197. Rosenthal, Dr, T, ^ s t . Director of Social Hygiene, H. Y. C. Health Dept. Hew York City 198. Rovy, Dr. Joseph Health ¿hirenu Rochester, H, Y. 199. Ruedeaann, Dr. H . , Jr. Bureau of ¿o c ial Hygiene Buffalo, H. Y. BOO. Runoie, Dr. Wm, H. Health Offio er Freeport, H. Y. BOI. Sargent, Dr. 0, Director of Syphilis Control Buffalo, H, Y. BOB. Sohaxaberg, Br. X. L* He w York ^kin and Cancer Hospital Hew York City 303. S c h e m e r h o r n , Dr. John R. Schenectady, N. Y. 304. Simonson, Mrs. Marion State Charities All Association New York City 305« Sobel, Dr, Aaron Director Social Hygiene Clinics, City Health Dept. Poughkeepsie, B. Y. 206. Sprout, Dr. L, E. Clinician Rome, H, Y. 307. Thomas, Dr. E. W. Bellovue Hospital Hew York City 178 , L o n g s t r e e t , D r, C. 3. R e g io n a l C o n s u lta n t, S t a t e H ealth D ept, Bingham ton, H, Y . 179 , MoChesney, D r, J*. W, D ep t, o f h e a lt h A lb an y, Y. 180 , Mao G i l l i v r e y , M iss H elen P u b lic H e a lth N urse Hampton, 3*« I , 181 , Mao P h i l l i p s , M iss J u lia C o n su lta n t K urse A lb a n y, K, Y . 182 , Mahoney, D r. O', E . TJ. S . P u b lic H e a lth S e r v ic e S t a p le t o n , ®’t a t e n I s la n d , K , Y , 185 . M arcus, D r, M, D. Hew York a k in and Dancer I n s t , Hew York C i t y 184 . M eyers, D r. C . H. C o lle g e o f P h y s ic ia n s and S u rg e o n s, Colum bia u n i v e r s i t y Hew York C it y 188 . M it c h e l l , D r. 0 . W, H .f M ö , ,1 Com mittee on M edical E d u catio n (p ro b a b ly S t a t e " e d io a l S o c ie ty ) I S y r a c u s e , H. Y . 186 . H elbaoh, ä e , George J . j Hew York ^ t a t e C h a r it i e s Mean. Hew York C i t y / 187 . K e ls o n , M iss % t h Board o f H e a lth E r e e p o r t, H. Y . 188 . Kewcomer, D r. H. S . 1 . H. S qu ib bs and Hons Hew York C it y Mr. • 189 . 190 . ■ * 7 |, A $M ; (?) I I ■ W P a r k e r , M iss L o r e t t a P u b lic H e a lth K urse Hew H o c h e lle , K. Y . P e r k in s , D r. James 3 . H ta te H e a lth D ept. Amsterdam, H, Y . \ 91 . P ip e r , D r. S te w a r t 8 . C lin ic ia n E lm ira , H. Y . , H a ls e y ,/ D r . Georg© H. S t a t e Dept, o f H ea lth A lb a n y , « . Y . k I > 165* Hearsay, Miss Mildred Presbyterian Hospital Hew York City 166. Heoht, Mr. Milton teacher of Biology and Hygiene Abraham Lincoln High &ohool Brooklyn, N. T. 167. Higbee, Mr. C. B. Squibb & Sons Hew xork City 168. Hopkins, J. G. Prof, of Dermatology, College of Phys. and Surgeons, Columbia Cniversity Hew ^ork City 160. Howell, Mr. S. P. American Hooial Hygiene Association Hew York City 17Q* Kaliski, Dr. D. J. New York ^tate ^ d i c a l Bpoiety New York City K'Jl!hî ; -• ;'' V v / (V|. ** - y. ■. '/. 171. Keefer, Miss Kdna Public Health Nurse Buffalo, H, Y. 172. Kirwan, Mrs. Marie F. | State Committee on 1‘ubercalosis and Public •health New York City / 'T 173. Kline, Dr. Paul B. { , Fifth Avenue Hospital He w York City | 174. Landes, Dr. Jacob H. / City Health Dept. / New Ydrk City / 175. Lauriai, -Dr. f. F. # ' Begional Consultant, Division of Social Hygiene Syracuse, N. Y. / 176. Loughrey, Miss Katherine Social Service Consulting Nurse, Bureau of Social Hygiene He w York City 4; f . \ •-y 77 • • .V Long, Dr. W. B. Attending Dermatologist St. L u k e ’s Hospital, Hew *ork City ‘|\' Î \ 1 151« Corbin, Miss Hazdl Carnegie Center Association Nev York ^lty 152. Crisp, Misa Katherine Medio al Social Worker Buffalo, N. Y. 153. Doming. Miss Dorothy Ceni. Director, Nati* Organization for Publio Health Nursing New York City 154« Di Mario. Miss Marie Statistician, New York City Dept, of Health New York City 155. Dines, Miss Alta E. A.I.C.P. ■ß '3- Ne?/ York City 155. Dolce, Dr. James A. Glen Head Long Island, H, Y. 157. Doughty, Miss Loretta County Health Nurse Poughkeepsie, N. Y. 158. Emerson, Dr. Haven Prof, of Public Health College of Physicians and Surgeons, Columbia University N ew York City 159. Ferrell, Dr. John A, Asst, Director International Health Division (?) New York City 160. Fronczak, Francis, Medical Corps, U, S. ^rmy Buffalo, N # Y. 161. Qoldbory,t Dr. J. A. New York tuberculosis Society New York City 162. &&& 165, Goulett, Miss Marie Yonkers Tuberculosis and Health Association Yonkers, N. Y. • Good&le, Dr. Walter S. Prof, of Hygiene and Preventive Medicine University of B u f f a i Buffalo, 8. Y. Hardy, Dr. A. V. De Laiar Institute of Publio ^ealth Columbia University New York City Iff 138. YOHK Amoroso, Dr. Petor F. Dept, of Correction Hew *ork wity Atkins, Dr. L. <T. Cattaraugus County Venereal ^isease Director Clean, M. Y. Bauokus, Dr. Herbert Consultant, Syphilis Service Buffalo, H. T. 14 U :':ir / ¡S.|I ii|| / ■'/ /' ■ , 143. /I Best, Dr. W. H. Dept. 65 Public ¿¿ealth New York City Bethune, Dr. Charles W. Medical Consultant, Board of Health Buffalo, N. Y. Briggs, Miss 0. M. /Public Health Nurse /Poughkeepsie, H. Y. /V 144'/' | Briggs, Miss Grace 0. Public Health Nurse j Buffalo, N. Y. 145. Brumfield, Dr. W, A., Fr. Director, Division of Social Hygiene N. Y. State Dept, of Health Albany, M. Y. 145. Clark, Dr. F. B. Health Officer Ogdens burg, N. Y. 147. Clark, Dr. F. T. Venereal Disease Clinic Niagra Falls, N # y. 148. Clark?,Dr. Walter Director of Social Hygiene, Dept, of Health New York Cfty 149. Clinton, Miss % r y K. Duchess County Health Nurse Fogghkeepsie, N. Y. \50. Cochen, Dr. L, F. Prof, of Public Health New York Medical College New York City 124. Osborne, Dr. F. F. Health Officer last Orange, H. F. 125. Parker, Dr. H. Norton Neurologie t Trenton, H. F. 126. Parker, Dr. Valeria Institute on Marriage and the Home Fast Orange, N. F. 127. Salasln, Dr. Samuel L. Health Officer Atlantic C 4 ity, H. F. 128. Sampson, Dr, Ws. State Dept, of Health Princeton, N. I. 129. Seifert, Miss H. W., R, I. Public Health Nurse Elizabeth, N. F. 150. Sellers, Dr. R, K. Newark, N. F. 151. Sommer, Dr. George B. F. Trenton, B. F. 132. Stewart, Dr. Edwin F. Fairhaven, K. F. 133. Stone, Dr. A. L. Director of Public Health Camden, H. F. 134. î// 135. Wax 136. William, Dr. P. M. Health Officer Sweet, Dr. A. W. State Dept, of Health Red Bank, H. F. Weber, Mias Beatrice Ä . Medical Case Worker Camden, B. F. ^ Rahway, B. F. NOT MEXICO' 137. I0 Dewey, Dr. A, A. Epidemiologist Santa Fe, New Mexico HEW YORK I 109. Cook, Miss Jane Health Dept. Oranges and Maplewood, N. J. 110. Condran, Dr. J. James Warren Hospital Phillipsburg, N. J. 111. Devine, Miss ataltoa Sabina L. Health Dept. Elizabeth, N. J. 112. Exner, Dr. M. J. Epidemiologist, State Dept, of Health Trenton, N. J* 113. fell, Dr. Alton 8. Dir. of Public Welfare and Health Trenton, II. J # 114. Hall, Mr. John N. J. Health and Hunitary «Association freehold, N. J. 115. Harris, Miss Elizabeth Medical Case Worker Passaic, N. J. 116. Jamieson, Dr. William f . Asbury Park, H. J. 11?. Herman, Dr. Irving Elizabeth, H. J. 118. Lipman, Dr. I. T. Pres. Hew Jersey Health and Hanitary Assn. Hew Brunswick, H. J # 119. Mahaffey, Dr. J. Lynn f Secy, and Director State Dept of Health Trenton, H. J. '■'•**■■?V'J(* , [ ISO. ■ 'r' (•j- > MoCarrcll, Dr. E. May Board of Health Newark, N. J. r M Cf > ?u . ••• '<■'i--,\f( 121. Moore, Miss Hattie Medical Mociai Worker, State Dept, of Health Jersey City, N. J. / *■ .? tii ■V« :• ' ■ M\ : 1 122. Murphy, Miss Cert rude f • Public Health Nurse Plainfield, If. J. 1 123. Nichols, Dr. S. / Chairman of the Board of Health Committee State Medical Society As bury Park, li. J. rain 94. Bartholomew* Dr. 1. W. Health Offie ©r Lincoln, Hebr. 95. Tomlinson, Dr. 0* C. Derma to log! s t Omaha, Hebr. nrn i m m m m 96. ¿j Bennett, Dr. tR. ¿T. Director-of ^linio Hew Hampshire H S r JERSEY Bass, Dr. H, D. Ne?/ark, H. J. 98 Blake, Dr. W. C. Health Officer Prinoeton, M, ¿T. Bossert, Hr. 0. L. Atlontio City, H. J. Bostram, Dr. 2. 2. Prof, of Biology Upsala College H a s t Change, N. J, . Brian, 101 Dr. W. m . lye and Bar Infirmary Newark, N* *T. 10B Cadw^lleöer, Miss Anabel N. J. State Dept, of Health Trenton, H. J. Carpenter, Dr. 0. C S u m mit, N. ¿T, Casselman, Dr. A. J. Chief, Bureau of Venereal Diseases: Consultant State Dent Camden, H. V. I (Mrs. Cassalman) Chandler, Dr^ L. Van D. Health Officer Hackensack, N. J. 107. Church, Dr. Franklin H. Chief Clinician, Salem County Y. D. Clinics Salem, II. V. •Hj \ /II of He 82. Ward, Dr. A, 0. Jackson, Miss. ÊMXX MISSOUHI 83. A i tken, Dr. L. F. Chief, ^enereal Disais© ^liaio, Washington University Ht. Louis, Mo. 84. Oove, Dr. ^ r m a n S. State ^ealth Commissioner Jefferson City, Mo. 85. Lawrence, Dr. John V. Director of Washington University Clinics St. Louis, Ho. 86. Markuson, Dr. K. S. State Dept, of Health Jeff era oil City, Mo. 8?. Moyer, Dr. T. B. County Health Officer St. Louis, Mo « 88 . Spector. Dr. H. 1. St, Louis Health Dept. St, Louis, Mo. 89. Weiss, Dr, Hi char d. S. Assoc, Prof, of Clinical D e r m t o l o g y School of Medicine, Washington University St. Louis, Mo. 80. Wenger, Dr. 0. 0. U. S. Public Hdalth Hervio© St. Louis, Mo, 91. Williams, Dr, John W. State. Health Dept. Jefferson City, Mo. M0HTA1ÎA 92. 93. Saethurst, Mrs. Walter Business and Professional Club Helene, Mont. Fligaan, Dr. L. H. Pres. Montana State Board of M ^ i t h Helena, Mont, mw-m w « 68, Scherer, Dr* C* A. Health Officer Duluth, Minn* 69» Schooh, Dr. H. 3* Health Officer St* Paul, Minn, 70. White, Langdon H . # M* D. U. S* Public health Service Minneapolis, Minn* 071. Wilson, Dr* V. A. State Board of **ealth Minneapolis, Minn* MISSISSIPPI 72. Digg^, Dr. W* 0. Osyka, Miss* 73. Bryan, Dr. A* C* Clinician, Lauderdale bounty Clinic Meridian, Miss. 74. Galloway, Dr. D* V. Lauderdale County Health Officer Meridian, Miss* 75. Haney, Dr. T . Paul Health Officer, Pike County MoComb, Miss. 76. Howell, Dr* John B. Miss* State Board of ¿¿ealth Canton, Miss* 77. K&t 78* Lewis, Dr. Hathan B. Vicksburg, Miss. 79. Hoblin, Dr. W. B. Jackson, Miss * 80. Sanderson, Dr. G. P. Vicksburg, Miss. 81. Smith, Dr. J. M. MoComb, Miss. K l o t z , Dr. S* Paul Clinician, Pike County Clinic MoComb, Miss* 55* Spangler* Miss Ina W* K. Kellogg Foundation Paw Paw, Mi oh* 56* Folk, Dr* F, K. Health Commissioner Saginaw, Mi oh* 57. Wile, Dr* Udo J. Prof. Syphilology and Dermatology, University of Michigan Special Consultant, U. S. Public ^ealth ¿¿ervioe Ann ~rbor> Mich. MINNESOTA 58. Chesley, Dr. H, A. State "ealth Officer Minneapolis, Minn, 59. Dietrich, Miss Minnie A, Social Investigator Duluth, Minn. 60. Doughter$y, Miss Catherine I. Public ^ealth Eurse Minneapolis, Minn. 61. Ellison, Dr. D. E. Asst. Health Officer Minneapolis, Minn. 62. Finley, Miss Lucy Clare Medical Social Worker, State Board of Minneapolis, Mihnn. ealth 63. Harrington, Dr* F. E. Commissioner of % a l t h Minneapolis, & ix m . 64. Lindsay* Dr. W. F. Health Officer Winona, Minn. 65. Maxoy, Dr. Kenneth F. Head, Dept, of Preventive Medicine and Public MeaXth University of Minnesota, School of Medicine Minneapolis, Minn. 66. O ’Leary, Dr. Paul A. Prof, of Dermatology and w yphilology *he Mayo Oxinlo Rochester, Minn, 67. Rook, Dr. R. E. Fenereal Disease Control Officer, Minneapolis, Minnesota 41* Vahey, Mise Virginia, H. K. Boston Bispensary Boston, Mass. 4 2. Verger, Miss Kthel Medicai Social Worker Boston, Mass. 43* Vreeland, Miss Viola, R. N. Public Health Kurse Pittsfield, Mass. 44 * Whitney, Dr. George B. Clinician Haverhill, Mass. MICHIGAN 45. Anderson, Miss Lillian, R. N. North 3£nd Clinic Detroit, Mich. 46. Barrett, Dr. G. D. Director, State Bureau of Communicable Diseases Lansing, Mich. 47. Burr, Miss Hilda University of Michigan, Dept, of Physical Bducati Ann Arbor, Mich. 43. D© Kruif, Paul, Ph. D. Holland, Mich. 49* Dixon, Dr. R. S. Detroit, Mich. 50. Lavan, Dr. ¿ohn Director of Health Grand Rapids, Mich. \ \ 51. Perkins, Dr. Ralph A. Venerologist, Parke-Davls Co. Detroit, Mich* 52. Sewell, Dr. George Director Social Hygiene, Detroit De p t . of ^ealth Detroit, Mich. f 53. Shaffer, Michigan Detroit, .i 54. Siemons, Drii C. 0. State Coamisaloner of Health Lansing, Mioh. Dr. L. W. ' State Medichl Society Mich. .'-'A. ./ ■\ 38. Merrill, Dr. Everett Lynn, Mass. 39. Millers, Mrs. 8. W. Mass. Social Hygiene Society Boston, Mass. 50. Murphy, Miss Agnes B. John Hancock Life Insurance Co. Boston, Mass. 51. Newpher, L. C. T. Medical Social Service Cambridge, Mass. S3. O ’Neil, Richard F . , M. D. Board of Consultation, Massachusetts Genl. Hospital Boston, Maas. S3. Riley, Dr. Augustus Boston, Mass. 34. Slots, Miss Stasia Medical Social Service Worcester, Mass. 39. Smith, Miss Fannie A. Medical Social Worker Boston, Mass. 36. Sullivan, Dr. Rdward C. Medical director, Springfield Hospital Clinic Springfield, Mass. !i; * 37. Sullivan, Miss Catherine J. City Health Dept. \ Lovell, Mass. \!Ay" fy «^ 't $ * ' 'f '; ; - u sip Sullivan, Miss Laura M. Medical Social Worker City Board of ^ a l t h \ Fall Riv er, Mas s . /'* ^ ' •'. . . > V , v u v - v P fa , v* \ \ lamatnHy Sweeny, Dr. 3. Clinic Chief i Fitchburg, Mass. ! [ V 38. 59» 40. Thurman, Dr. F. M. ,| Assoc. Prof, in Dermatology Tufts Medical Bohool Boston, Mass. . s# ; \ \ % ,■ "X ■ 15# Desmond, Miss ^lioe I. Board of ¿ W i t h Lowell, Mass. 16. Dumas, Dr. James A. Commissioner of Health Lynn, Mass. 17. Fleming, Miss Bessie, Medical Social worker, Ocean City Hospital Worcester, Mass. 18. Grant, Dr. Winnifred M. Memorial Hospital Worcester, Mass. 19. Greene, Miss ^my Children1s Hospital Boston, Mass. BO. Hooper, Mrs. Helen Medical ¿Social Worker, Boston Dispensary Boston, Mass 21. Knowlton, Dr. Wilson W. Asst. S u p t •, Peter Bant Brigham Hospital Boston, Mass. 22. Lane, Dr. C. <*uy Chief of Massachusetts General Hospital Clinic Boston, Mass. rrnrmMwrfcaigrai 23. Merritt, H. Houston, II. D. Head of Neurological Unit, Boston City Hospital Professor of Neurology, Harvard University Boston, M a s s • 24. Nelson, N. A., M. D. Asst. Director of Division of Communicable Diseases Mass. State Dept, of ^ a l t h Boston, Mass. 25. Marlow, Dr. F. William, Jr. Peter Bent Brigham Hospital Boston, Mass. 26. McArdle, Dr. John J. Lawrence, Mass. 27. / McGill!cuddy, Dr. Helen X. Mass. Society t o r Social Hygiene Boston, Mass. MASSACHUSETTS Appel. Dr. Bernard, and Mrs. Appel Clinician Lynn, Mass. Bishop, Miss Dorothy Massachusetts Memorial Hospital Boston, Mass. Boardman, Dr. W. P. Boston City Hospital Boston, Mass. Cady, Dr. F. Q. U. S. Public Health Service Boston, Mass. Canterbury, Miss Edith Chief of Social Service Boston, Mass. Carroll, Dr. J. J. Holyoke, Mass. Cavanaugh, Dr. Thomas Massachusetts State Dept, of Health Framingham, Mass. Chamberlin, Dr. Harold A. Chief Genitourinary Surgeon, Boston Dispensary Boston, Maws. Cheever, Dr. Austin W. Beth Israel and Massachusetts General Hospitals Boston, Mass. Clark, Mrs, Allison H. Medical Social Worker, Brockton Hospital, Brockton, Mass. Cox, Dr. Osoar F., 0*. Seo*y., American Neisserian Medical Society, Boston, Mass. Crabtree, Dr. B. G. Pres., State Social Hygiene Society Boston, Mass. ■f' &??? '■ ■■■ Crain, Miss Gladys, B, N. Epidemiologist, Mass. State Dept, of Health I%Boston# v ca >ju ijjriGjM naa lis uis M• MATELAHD, Confc’d. 300* Peek* Dr. Butene C. Deputy State Hen1th Officer Oakland, Md. 3 ÖI« Reinhard,Ferdinand Director of Bureau of Venereal Disease*} Health Dept. Baltimore, Md* 302* Riley, Dr. R. H. State Health Officer Baltimore, Md. 303* Robinson, Dr. H*M. Prof* of Dermatology and SyphiloXogy thiiv. of Md. Beltimoré, Md. Ro&inein, Dr. Harry M. Prof, of Syphllology Unir, of Md. 106 Bast Chase St* Baltimore, Md. 30§* Sage, Dr. Frwin 0. John Kopkins Hygiene School Baltimore, Md. 306# ïurner, Dr. S. B. lohn« Hopkins Medical School Baltimore, Md. 307 * Washerman, Dr. Harry Johns Hopkia» Unir* Baltimore, Md. 3OS. Welty, Dr. Louis S. County Health Dept* Denton, Md. 309* Dr. Huntington H l l i a m Commissioner of Health Baltimore, Md. IUTRUKD, Gont'd 286. Jones, B r. 1 . A. County Health O ffic e r Cambridge, Md. 2SJ. H a llid ay, Or, 0* H. Md. S ta te Dept, o f Health B altim ore, lid. 2m . K i l l , Dr. W. 11. B altim ore, Md. 289- Hooton, Or, A, B. County Health S e rvice P rince Georges County Upper Marlboro, Md# 290 , Hughes, Mise Mildred «Johns Hopkins H ospital B altim ore, Md# 291 Hurdle, Or, S, H. Health O ffic e r Salsburjr, Md. Miss U lm er, 3K# 1# W. «Johns Hopkins H ospital B altim ore, Id . 292. 293. Landes, Mrs. J , H. 522 N. Broadway B altim ore, Md. 29U. Marsh, Dr* W. H. Solomons, Md. 295. Massey, Dr* Bradford Deputy Health O ffic e r o f Mar Pocomok© C ity , Uà. 296 . Mohr, Or. Chas. W. S y p h ilis C lin ic «Johns Hopkins H ospital B altim ore, Md. 297. Moore, Dr. J . I . «Johns Hopkins tlniv. B altim ore, Md. 298, Murroe, Mrs. B. D. «Johns Hopkins H ospital B altim ore, Md. 299- Padget, Dr. Paul XQlk S t. Paul S t. B altim ore, lid. MARYLAND, Cont*d. 2?2 , Blankenship, Dr« C. F. U. 3* P, H« S. Baltimore, lfdf 2731 Davis, MaJor C. F, Ut 8. Army q.M. Depot, Holabird Baltimore, Ud. 2jk, Donovan, Miss Beatrice Asst, Supi, Chriet Ohild Farm Rockville, Md, 275, Cameron, Dr, 1, Health Officer Washington County Hagerstown, Md, 276, Gmpbe 11 , Dr« Alex Johns Hopkins Univ, Baltimore, Md, 277, jDoffey, Mrs. Ansa 1, ^thfestraaa Administration FsWïF Point, Md, 27«* Croshy, Dr, Kfwin L» Johns Hopkins School of Hygiene Baltimore, Md, 279* Bllicott, Dr, V. LeM. County Health Officer Baltimore, Md« 280. m i i o t t , Dr« David 0» U.S.P.K.3, Hagerstown, Md. 281. Being, Dr« 0. Leroy BaltiaoreCity Health Dept, Baltimore, Md* 282« Byres, Dr., Thos. 1. School of Hygiene Johns Hopkins Univ» Baltimore,. Md. 283« Franklin, Dr. Joseph F. Health Officer Onsaberland, Md, 285« Kla|p Dr. I. H. County and Deputy State Health Officer Prince Frederick, Md, MAIMS, Cont *&. and Mrs. Miner, Br*/Walter II, Chief, Venereal Disease Clinic Calais, Me. 2^7« 23S* 259. Morrill, Dr. Arch Stale Pathologist Augusta, Me. 260. kelson, Mias Agnes M. Public Health IJurse Portland, Me. 261. Parcher, Dr# Arthur H. Ik Eight St. Ellsworth, Me. 262# Peeper, Dr* 1* D* State Health Dept# Portland, Me. 263* Popplestone, Dr. C. State Dept. Rockland, Me, 26U. Hots, Dr* H, D. Chief of Health Clinic Sanford, Me. P65. Snide, Dr. D. f# Chief of Clinic Bath, Me. 266. B. Stanwood, Dr# H. W# HuEiford, Me. 267* Thompson, Dr. H. 1» Baetera Maine General Hospital Bangor, Me. 268» farran, Dr, Mortimer State Health Dept# Portland, Me. 269, Weyland, Dr. D. Msy Portland, Me. 270# Wiseman, Dr* Robt# J . f Jr. Health Officer Lewiston, Me. 5— 2T1- — — *m m , m Bell, Dr. Joseph A, f. S. P.H. S. Baltimore, Kd. LOTISIAHA, Coat'd 2k l * *Fod&, Dr. R. W. Director, Pariah Health Ad»* Hew Orleans, Da. 2Ua. Sandidge, Dr. *. J, IteasEfesx Health Officer Shreveport, Da. 2^3- Sharp, Dr. W. K. U.S.P.H.S. Hew Orleans, Da. 2k b , MAXES Bruaat, Dr. 0. S. *-— .^ Millinocketj Me. 2^5. Budor, Dr. Gustav A. Chief of Staff Portland, Me. 21*6 . Coosba, Dr. George H. Director of Health Augusta, Me. 2^7. Kbbett, Dr- P. L. B. Houlton, Me. 2l*8 . Foster, Dr. Ben B. Director, Venereal Disease Clinics Portland, Me. 2»*9, Goodrich, Dr. B. 0. Watervllle, Me. 250. Jackson, Dr. H. L. Health Officer OlAtown, Me. 251. 252. 253* Hunt, Dr. H. J. Bangor, Me. and Mrs. Dade, Dr./J. H. Fastport, Me. J|: 25l- MacDonald, Dr. Korean W. Director of Social Welfare Augusta, Me* m * McNeil, Dr. D. M. Health Officer Bangor, Me. 256. Marsh, Dr. H. H.Disease KANSAS 227* Brown, Dr. Earle a. 3+ate Health Commissioner ■lopaka, Kansas 228. Lunsford, Dr. W, ?. City Health Dept* Kansas City, Kans. 229. Wasson, Dr* E* X. ¡State Board of Health Topeka, Kana. 230. Phel®, Dr. T. P* City Health Officer Topeka, Kansas 231. Swope, B. W. Sanitation Engineer Kansas City, Kansas 232. 233* Walker, Dr* Nellie 0. Director, Venereal Disease Clinic Kansas City, Kansas KISHTUOKT Caudill, Dr. P. W. State Epidemiologist Louisville, Ky. 23h. Higgins, Dr. H. D. P. H. S. Ashland, Ky. 233* Lawson, Dr. Oeo. it. City Health Dept, Louisville, Ky. 236. McCormack, Dr* A. T. State Health Commissioner Louisville, Ky. 237* Moore, Dr. C. M. Health Officer Lexington, Ky. 238. Bowntree, Dr. Cradle County Health Officer 239* 2h0. LOUISIANA Parrino, Dr. Paul S. East Carroll Parish Health Unit Lake Providence, La. Pearce, Dionne U. S. P. H. s. Consultant Hew Orleans, La* ILLIIKIIS? Oont'd. © 212. Groscoop, Miss Julia Public Health Nurse Garett, Indiana 213* Harvey, Dr. V. K. State Health Officer Indianapolis, Ind, 21k. McGready, Dr. D, S. Indiana State Board of Health Indianapolis, Ind. A Morgan,Jör* HU 5. Health ^omsiiseloner Indianapolis, Ind. 216. Hail, Mr. h . J. Indiana State Board of Health Indianapolis, Ind. 217« Weyerbacher, Dr. A. F. Indianapolis, Ind. ¿ 7 21S. IOWA Barnes, Dr. M. B. Prof, of Hygiene University of Iowa Iowa City, Iowa 226. 219. Grant, Dr. J. G. Iowa State College Ames, Iowa 220. frames on. Dr. H. 1* Scott County Medical Society Davenport, Iowa 221. Jeane, Dr* P. 0. Iowa City, Iowa 222. Jordan, Dr. Carl F. State Dept, of Health Dee Moine, Iowa 223. Johnson, Miss MULicent Scott County Medical Dept. Davenport, Iowa 22k. Rooney, Miss Alice Director, Public Health Nursing Des Moines, Iowa 223. Sharon, Dr* Jas« E. Venereal Disease Div. Des Moines, Iowa Dr. Walter L. H e r r i n g Statut sal th Commissioner Des Moines, Iowa ILLINOIS, Cont'd 199- 200, 201 . 202, Porsche, Henry L. Chief Clerk, Board of Health Chicago, 111, Hichardaon, B, K. Illinois State Health Dept. Springfield, 111 , Schafer, Dr. B. Syphilis League Chicago, 111 . Schmidt, Dr, L. B, Chicago Board of Health Chicago, 111, 203 , Skalnik, Dr, I. A. Division of Syphilology Hush Medical College University of Chicago Chicago* 111, 2C&. Taylor, Dr. 0. S, 32 North State St, Chicago, 111, 205 . Thornton, Dr. J. A. Providence Hospital Chicago, 111. 206. Toomey, Dr. Moxon Dept, of Public Health Springfield, 111. 207. Wood, Mrs, Margaret Wells State Board of Health Springfield, 111. 206. Yarros, Dr. Bachel Secy,, 111. Social Hygiene League Chicago, 111. 209. 210. 211. 110)1AHA Carter, Dr« F* H, li* Health Officer South Bend, Indiana Cregor, Dr. P. W. University of Indiana Indianpolis, Ind. ferree. Dr. J. W. Bureau of Health Administration Indianpolis, Ind. ILLIHOIS, Cont *d 185* Arnold, Lloyd Univ. of 111. Chicago, 111 . 186. Bauer, Dr. W, W, American Medical Assn. Chicago, 111 . 187. Baxter, Dr. A. C. Aast. Director of Public Health Springfield, 1 11 . 188. Banning, Dr. €• H. Director of Health Peoria, 1 11 . 189- Brooke, Harriet K. Chicago, 1 11 . 190. Gaap, Dr. Harold Secy., Illin o is State Medical Society Monmouth, 1 11 , 191* Ford, Mrs. Tvonae Children*e Memorial Hospital Chicago, 111 . 192. Jirka, Dr. Prank <7. Director, State Dept, of Public Health Springfield, 1 11 . 193- Heap, Dr. J. £. Chicago, 1 11 . 19>t. Lawlesst Dr. fh.odore K. northwestern University ^201 S. Parkway Chicago, 111 . 195* Lawrence, Dept, of Univ. of Obicago, 196. McShane, Dr. J. J. Chief, Division of Communicable Disease State Health Dept. Springfield, 1 11 . 197• Mason, Dr. Herman C. University of Illin o is Chicago, 1 11 . 198. Miller, Dr. S. M. Commissioner of Health Peoria, 111. Dr. Z . Whalen Biochemistry Chicago 1 11 . FLORIDA, Cont*d Sachem, Dr. J. H* City Health Officer Tas|)a, Fla. Logie, Dr. Arthur J, Director, Bureau of fuberculosls Florida State Health Dept* Jacksonville, Fla. McPhaul, Dr. W, A. State Health Officer Jackconville, Fla* Schonwald, Dr. J. D. Miami Dniv. Health Service Miami, Fla. Sellers r Dr.:H. £,• Duval County Welfare ^oard Jacksonville,. TIs m B ■ Fan Lan&inghaa, Dr. f « 1* City Health Officer West Pals Beach, Fla* OOTG-IA Bickerstaff, Dr* H. J* State Dept, of Public Health Columbus, Georgia Lunsfort, Dr. Guy Director, County Health Work Atlanta, Ga. Shepheard, Dr. and lire. W. L. Atlanta, Ga* Brown, Dr*; S. Hose Asst. Chief of Venereal Diseases Ga. State Dept* of Health Atlanta, Ga, *£yson, Dr* W. G. Cuyler Clinic Savannah, Ga. Whelan, Dr. 1. J. Savannah, Ga. IDAHO Caskey, Dr. M. W. State Dept, of Public Health Appleehlte, Dr. 0. 0* D.S.P.H.S* Chicago, 111. DISTRICT OF CD&ülffiXA, Cont’d 157. Thompson, Dr. Thomas 0. Washington, D. C. 158 . Todd, Dr* Calvin Veterans Administration Washington, D. C. 159. Todd, Dr. John D. (Student) Howard University Washington, D. 0. 160. Tomlinson, Dr. Thomas H., Jr 0. S. P. H. S. Washington, D. C* 161 . Usiiton, Miss Liàa J. U. S. P. H. S. Washington, B. 0 . 162 . VanHorn, A. L. U. S, Children* $ Bureau Washington, B. 0. 163. Warner, Dr, Bet e l l * *ord V. S. P, H. S. Washington, D, C. 164. Watt, Dr. James U. S. P. H. S. Washington, D. 0. 165 . White, Dr. L. W. U. 8 , Indian Service Washington, D. 0, 166. Williston, Mrs, C. 0 . Syphilis Dept. Freedman’ s Hospital Washington, D. 0, 167. Winik, I. (Student) George Washington University Washington, D. 0. 16S. FLORIDA Anderson, Dr. Warren 1. City-County Physician Pensacola, Fla. 169 . Davis, Dr. Fraak City Health Officer Miami, Fla. DISTRICT OF COLOMBIA, Coat’d 1^3. Ryan, Mist Mary Rose Asst. Field Director, American Red Croee Valter Heed Hospital Washington, B, 0« 1*&. Scheele, Dr. L. A* tr* $. p, s, s. Washington, B, C. IH5 . Sebrell, Dr. W. H. national Institute of Health Washington, D. 0« lU6 . Seek!Tiger, Dr. D. A* Aset. Health Officer Washington, B. 0. IH7 . Shreve, Mts. Genevieve Health Department Washington, D. 0» lhg. Silverstone, Dr. X« H. U. S. Indian Service Washington, D. 0. 1^9. Smith, Dr. Carrie f . Hatl. fraining School for Girls Washington, D. C. 130. Suavely, Dr. H. 5. 0. S. P. H. S. 151« Snow, Dr. W®. ?• 50 West 50th St. Washington, D. C. 152. Stephenson, Dr* 0* S. Commander, U. S« Marine Corps Washington, D. C. 153 . Stolar, Robert Georgetown Univ. School of Medicine Washington, D. 0. 15^. Suttenfield, F. D. (Medical Student) George Washington Medical School Washington, D. 0. 155* fsggard, S. R. Venereal Disease Clinic Washington, D. C. 1 ’jSl I K ; Thomson, C. H. Howard University Washington, D, 0. 136. .'iff- DISTRICT OF COLUMBIA, Cont’ d. X3O« Petersen, Miss Annabelle American Bed Cross Washington, D. C. 131. Peterson, Miss Marie American Bed Cross Washington, D« C. 132. Peterson, Miss Rosalie 0. $, P. H. S. Washington, D* 0. X 33, Pincook, Dr. Carolyn Venereal Disease Control Clinic Washington, D. C. I 3H. Poindexter, Dr. Hildrus Howard University Washington, D. C. 135# Prescott, Miss Josephine P. Director, Bureau of Public Health Horsing Washington, D. C. 136 . Probey, Dr. Thomas F. Natl, institute of Hmlth Washirgton, D. C. 137« Beady, Miss Marie U. S. P. H. S. Washington, D. C. 138. Roche, Col, 1 . A. / ».Mb, lU Ralston Atro\ Hyatt s v llle , lid. 139. Rogers, Dr. J, F, Health Dept. Washington, D. 0« lUO. Root, Dr. M. B. Natl. Training School for Boys Washington, D. 0* ih l. Both, Dr. Geo, B. Dept, of Pharmacology George Washington University Washington, D. 0* Ruhland, Dr, Geo, 0 Health Officer Washington, D, 0. BISTHIGf OFOOLfflIBU, Cont1d US. Mathis, Dr. M. S. Lieutenant Colander, 0. 8« Saty Washington, B, 0. 11$. Miller, Dr. K. S* IT. S. P. H. S. Washington, 1), 0. 120. Miller, Watson B. Ghariraan, A f r i c a n Legion 160s 1C at., H. W, Washington, B, 0. 121. Morgan, Hr. Audrey U, S. P. H. S. Washington, B. G. 122. Morgan, Dr. A. Truxton Washington, D. 0. 123. Mucha, Miss Stella Health Dept. Washington, P, 0. 12U. 1 25. 126. Murchison, Miss Lucia Director, Medical Social Service Children* s Hofcolt&l Washington, D. 0. Murphy, Miss Pansy V. Health Dept. Washington, B. 0» Murray, Mias Dora 3. 17. 8« Children’s Bureau Washington, B„ C# 127« Hlcholson, Miss Jane U. S. Children*® Bureau Washington, D. 0*. 12S• Oppehheimer, Dr. 1511a Director, Maternity and Child Hygiene 0 . 3« Children’s Bureau Washington, B. C. 129. Fackchanian, Dr* A. Batl. Institute of Health Washington, D, 0. DISSBIC3? OF COLUMBIA, Qont’d X05. Jaffe, His« Hose A* D. 0. Venereal Disease Clinic Washington, D, C. 106• Jason, Dr. Robert S. Dept, of Pathology Howard University Washington, D. C. LOT* Jones, Dr* R. frank Prof, of Urology Howard University Washington, D. C. 108. Kanof, n£E& .%oml M. LaSalle Apts. Washington, D. C. IÛ9 . Keefer, Miss Mary W, U. 3. Children*s Bureau. Washington, D. C. 110. Knutson, Dr. John W, U, S. P. H. 3. Washington, D. C, 111. Lamoureux, Mr. V. B. U. S. P. H. S. 112. Laasburgh, Mrs. Julius 2311 Connecticut Avo. Washington, D. G. 113* Leary, Miss Kàsanor Georgetown Unir. Hospital Washington, D. C. 11^. Lindsay, Mrs, Sue B* District Public Health Nurse Washington, D. C* 115* McCoy, Miss Mith U, S. Children^ ¿*ure**n Washington, D. 0. Il 6 . Mclrer, Miss Pearl u. a. p. h . s, Washington, D. C. 117* Madden, Miss Olive 1, Stoneleigh Courts Washington, D. C. DISTRICT OF COLUMBIA, Coat'd 92* Harrison, Dr. W. 0. National Institute of Health Washire t on, D. C. 93* Havey, Miss Ï. H. Rational Director Kect Gross Public Health Hursing Service Washington, D. 0. 9^* Haæen, Dr. H. H. Consultant, Public Health Service Washington, D. G. 95* Heilinarm, Mrs* Charlotte M. American Red Cross Washington, D. 0. 96 , Helntselaan, Miss Rath Public Health Horsing Consultant U. S. Children's Bureau Washington, D. C. 97« Herrick, Miss h. M. U. S. Veterans Kofcpital Washington, D. 0. 9*. Hilbert, Miss Kortense U. 3. Children s Bureau Washington, D. C. 99. Hof fiean, Dr. Jay L. St. Elisabeth's Hospital Washington, P« C* 100. Holle, Dr. R. ÎJ, S. p. H. S. Washington, D. C. 101. Hood, Dr. R. C. U. S. Children's Bureau Washington, D. C. 102. Hornibrook, Dr. J . W. U. S. P. H. S. Washington, D. G. 103. Huber, Dr. !i. B. U. S. P. H. 8. Washington, D. C. 1ÖR. Hughes, Dr. A. R. Howard University Washington, D. C. SISfEÏOf OF COLUMBIA, Coat’d 78. Fichenleub, Dr. Frank J . Georgetown Unlv. Washington, D* C. 79* Fverett, Dr. Ray H. Director, Social Hygiene Society Washington, D. C. 80. Fyer, Mr. Alfred Medical Corps, U. S. %iy Washington, D. C. 81. Farrington, Mies Lila Nursing Bureau, Health Dept. Washington, B. C# S2. Ferguson, ft&xx Marion D. 0. Health Dent. Washington, D. C. 83. Forbes, Mise Mary 15. U. S. P. H. S. Washington, D. 0« 8h. Fraser, Dr. Havelock X. U. S. P. H. S. Washington, D, Ö. 85. Freeman, Dr. C. Wendell Howard University Washington, D« C. S6* Gardner, Dr. Mward Washington, B. C* 87« Betty, Mrs. Anne Diet. Health Service Maree Washington, B. 0. 88. Cordon, Dr. f. Hyatt U. S. P. K. S, Wellington, D. C. 89. Orant, Mies Irene Veteran» Administration Washington, D* C. 90. Hagan, Mies Margaret Field Director American Red Cross Washington, D« C. 91. Hanke. Dr. John H« George Washington Univ. Washington, D. 0. DXSfHXC* Of COLUMBIA, Cont*d Summing, Br, James 0* District Health Dept. Washington, D. 0. Cushman, Miss Hath Public He?.lth Horsing Consultant U. S, Children*« Bureau Washington, B* C. Daniel, Mrs. 0. 1» H. M i tori el Dept* Afro-American Washington, D. C. Pardinski, V. J. Georgetown, Medical School Washington, B. 0. Batehiell, Dr. Albert M. Chief of Communicable Diseases Austin, Te&ae DeKleine, Dr* Wa« American Hed Cross Washington, B. C. Peitrick, Dr* Sarah S. B* 3* Children*s Bureau Washington, B. 0. Delaney, Dr. A. J. U, S. % r y Washington, B # C, Beutsch, Miss Haomi Director, Public Health Hurting B* S# Children*« Bureau Washington, B* 0« Disney, Mis« Margaret American Bed Croat Washington, B, C. (R.H.) Dorset, Dr. ?. J. Rational Institute of Health Washington, B. C. Dunn, Mary J* U. S. P. H, S. Washington, B. C. ISichelberger, Miss Sawoa (Social Worker) Bept. of Health Washington, D, C. DISÎSXOT OP COLUMBIA, Coat'd. 32* Boit, Dr« K« D, C. Health Dept, Washington, D. C* 53* Brown, Dr. Henry Both leterans Administration Washington, B. C. 5*. » Brown, Br. Bosco® C. Health Education Specialist TJ. S. Fl H. S. Waehij^toa, B. C. 55* Burney, Br. B* S*Ü. S. P. H. S. Washington, B. C. 36. Butler, Mins C. W, Washington, B. 0* 57* Clark, Harold a. W. U. Medical School 58. Collins, Br. limer Washington, B. C, 59. Connolly, Br. Aloysius J. District Medical Society Washington, B. C* ers Beck, Misa Dorothy F. Asso. Social Economist Central Statistical Board Washington, D« 0. O * 31. 6 1. 02« 63* 9 ï. 1* Conover, Miss Wendella Public Health Burse ^e<h Sept, Washington, B, C. Comely, Br. Puni B. Howard Medical School Washington, B» 0. Coulson, Miss Mary Edith Council of Social Agencies Washington, D, C. Creswell, Br. Ceorge f. Washington, B. C. Cuiasing, Dr. Hugh S. H. 3. P, H. S. Washington, B. 0. tmjmm Dr, J. 1. Back Delsvar© Stato Board of Health Dover* Del. Higgine. Ilio© Margaret 1», R. 8* Wilnlngton» Del. DaRue, Dr. R. T. Wilfflington* Del. front, Rathryn Director of Public Health Hureing Dover* Del. Washburn* Dr. fietor D* 610 Medicai Art© Bltìg, Wilmington, Del. DISfRICf OP COLOMBIA Aitoo* Mies Maud S. Mur©0* D. C. Health Dopt* Wachington, D. C. Andersen, Sana St^>arvlsor, Mursiag Bureau Health Dopt* Washington, D. C. Anderson, i|r. Merton B. Prof, of Bacteriology Howard University s Washii^ton, D. C. Aselsyer, Dr. A. J. 0. S. P. H. S. Washington, D, C. Baker, Miss Kai th M. Medical Social Consultant U. 8. Children#» Bureau Washington, D. 0 . Barnu», Mr. 0. D* (Medical Student) ¿sorge Washington Univ. Washington, D. C. Bean* Miss Helen B. Public Health Hurse U * Üw P • Sa S • Washington, D. C« oommwim 2o . Fear, Br. R. 33. Health Commissioner Stamford, Conn. 27« Horning, Dr. Ben^. 0. Health Officer Hartford, Conn. 2a* Made, Dr. Joseph 1. Health Officer Hew Haven, Conn. 29. Dehorn, Br, S. Health Officer Hartford, Conn. 30. Pennell, Br. B. H. Health Officer Hew liondon, Conn. 31 ' 32. 33* 3**« 35- 36. fiohineon, Br. B, B. Health Officer Briet cm. Conn# Shea, Br. Ban!el P. Consultant Conn. State Health Dept. Hartford, Conn, Shea, Br, R. B, Health Officer Bridgeport, Conn. Stôttbachar, H. S* H. S. these Dispensary Waterbury, Conn. Strauss, Br. Haariee J. Director Biv. of Tonereal Biseats« Dept, of Health Hew Haven, Conn. Sunderland, Br# W. A. treatment Station Danbury, Conn. 37« Sus s ier, Br. David Norwich, Conn* 38. Salbot, Br. Henry P. Director of fenereal Diseases Conn. State Dept, of Health Hartford, Conn. CALIFORNIA, Cont*d. 13- Halverson, Dr. W. X». Health Officer Pasadena, Calif. Ik. Keisler, Miss Anna Public Health Nursing Consultant Han francisco, Calif. 15. Hing, Dr. N. Curtis 3t*a±kkxwft±«ipc Los Angelas Dept* of Health Los Angeles, Calif. 16. Krout, Dr. Boyd San Joaquin Health Dept. Stockton, Calif. 17. Lamson, Dr. tobt. f. Prof, of Preventive Medicine Univ. of Southern California Los Angeles, Calif. Le^ge, Dr. Hobt. f. Prof, of Hygiene Univ. of California Berkeley, Calif. Parrish, Dr. Georgs Los Angeles Dept, of Health Los Angeles, Calif. 20 * Hose, Dr. Milton University of California Berkeley, Calif* 21* Schölte, Dr. Julius H. Los Angeles, Calif. 22« Williams, J. f. Dept, of Health Social Service Los Angeles, Calif. 23« COLORADO Maler, Dr. F. J. Denver, Col. 2U* Markley, Dr. A. J. Professor of Medicine Univ. of Colorado Denver, Colo. 25* Meyers, Dr. George M. Public Clinic Pueblo, Colo. ALABAMA Burkheiter, Pr. f. D. Health Officer of Coosacounty Hockford, Mae* 6111, Pr* Daniel öordon State Board of Health Montgomery , Alm*.. Smith, Pr. 9. H. T. Aast. Epidemiologist Alabama State Health Pept. Mobile, tim » LmiMSAS Ooldsteln, Pr. D. W. State Board of Health Fort Smith, Asfe. Norrie, Pr. 1* 9. P. A. Surgeon, 0.8.P.H.S. Hot Springe, Arku Heagan, f * 9. Little Hock, Ark, Hose, Pr. T. f. Dept. of Health Little Hock, Ark. CALIFORNIA Barne», Pr. B. 9« Professor of Urology College of Medical Evangelists Los Angeles, 6 a H f . Barnett, Pr. Ohas. 9. Asso. Professor of Medicine Stanford University San Francisco, Calif. Darmelia, Pr. F. A. U. S. P. H. S. San Francisco, Calif* j/ Cunningham, Pr. Ruby L. Phygician for Women, Univ. of Calif. Ä. V. Cowell Memorial Hospital Berkeley, Calif. Hafford, Miss H o l e s Bath Home Los Angeles, Calif. TREASURY DEPARTMENT WASHINGTON p \\ r. Those registering for attendance to the Conference on Venereal Disease Control Work$ numbered 7?14 and represented 40 states and the District of Columbia. The list follows: ALABAMA - Dr, W. D. Burkhalter, Health Officer of Coosa County, Rockford; Dr. Daniel Gordon, State Board of Health, Montgomery; Dr. W. H. Y. Smith, Assistant Epidemiologist, Alabama State Health Department, Mobile. ARKANSAS - V 1 Bfci1 3fl B A DIE b V K ! A 1E 141 TREASURY DEPARTMENT Washington FOR BATED IATE RELEASE Tuesday, December 29, 1936. Press Service No, 9-28 Those registering for attendance to the Conference on Venereal Disease Control Work numbered 714 and represented 40 states and the District of Columbia, The list follows: ALABAMA - Dr. W. D. Burkhalter, Health Officer of Coosa County, Rockford; Dr, Daniel Gordon, State Board of Health, Montgomery; Dr, W. H. Y. Smith, Assistant Epidemiologist, Alabama State Health Department, Mobile, ARKANSAS - Dr, D, W, Goldstein, State Board of Health, Fort Smith; Dr. E. W, Norris, P. A. Surgeon, U.S.P.H.S., Hot Springs; T. W, Reagan, Little Rock; Dr. T. T. Ross, Department of Health, Little Rock. CALIFORNIA - Dr. R, W, Barnes, Professor of Urology, College of Medical Evangel ists, Los Angeles; Dr, Charles W. Barnett, Associate Professor of Medicine, Stanford University, San Francisco; Dr. Ruby L. Cunningham, Physician for Women, University of California, E. V. Cowell Memorial Hospital, Berkeley; ' Miss Eloise Hafford, Ruth Home, Los Angeles; Dr, W. L. Halverson, Health Officer, Pasadena; Miss Anna Heisler, Public Health Nursing Consultant, San Francisco; Dr. N, Curtis King, Los Angeles Department of Health, Los Angeles; Dr, Boyd Krout, San Joaquin Health Department, Stockton; Dr, Robt. T. Legge, Professor of Hygiene, University of California, Berkeley; Dr. George Parrish, Los Angeles Department of Health, Los Angeles; Dr. Milton Rose, University of California, Berkeley; Dr. Julius R, Scholtz, Los Angeles; J. T. Williams, Department of Health Social Service, Los Angeles; Dr.F. A. Carmeli©; San Francisco; Dr. Robt.W. Lanson, Los Angolos. COLORADO - Dr. F. J. Maier, Denver; Dr. A. J. Markley, Professor of Medicine, University of Colorado, Denver; Dr. George 1,1. Meyers, Public Clinic, Pueblo, CONNECTICUT - Dr. R. D. Fear, Health Commissioner, Stamford; Dr. Benj. G. Horning, Health Officer, Hartford; Dr. Joseph I. Linde, Health Officer, New Haven; j Dr. S. Osborn, Health Officer, Hartford; Dr. B. N. Pennell, Health Officer^ New London; Dr. B, B. Robinson, Health Officer, Briston; Dr. Daniel P, Shea, Consultant, Connecticut State Health Department, Hartford; Dr. R. B. Shea,, Health Officer, Bridgeport; H, J. Stettbacher, H, S. Chase Dispensary, Waterbary; Dr. Maurice J. Strauss, Director, Division of Venereal Diseases, Department of Health, New Haven; Dr. W. A. Sunderland, Treatment Station, Danbury; Dr. David Sussler, Norwich; Dr. Henry P. Talbot, Director of Venereal Diseases, Connecticut State Department of Health, Hartford. DELAWARE - Dr. J. R. Beck, Delaware State Board of Health, Dover; Miss Margaret E. Higgins, R.N,, Wilmington; Dr. R. T. LaRue, Wilmington; Kathryn Trent, Director of Public Health Nursing, Dover; Dr. Victor D, Washburn, 610 Medical Arts Building, Wilmington. DISTRICT OF COLUMBIA - Miss Maud S. Aiton, Nurse, D. C. Health Dept., Washington; Sena Anderson, Supervisor, Nursing Bureau, Health Dept., Washington; Dr. Merton B. Anderson, Prof, of Bacteriology, Howard University,Washington; Dr. A. J. Asèlmyer, U. S. P. H. S., Washington; Miss Edith M. Baker, Medical Social Consultant, U. S. Children’s Bureau, Washington; Mr. G. L. Barnum, (Medical Student) George Washington University,Washington; Miss Helen B. Bean, Public Health Nurse, U. S. P. H. S., Washington; Miss Dorothy F. Beck, Asso. Social Economist, Central Stastistical Board, Washington; Dr. N. Belt, D. C. Health Dept., Washington; Dr. R oscoe' C. • Brown, Health Education Specialist, U. S* P. H. S., Washington; Dr. Henry Roth Brown, Veterans Administration, Washington; Dr. L. E. Burney, U. S. P. H. S., Washington; Miss C. W. Butler, Washington; Harold Clark, G. W. U. Medical School, Washington; Dr. Elmer E. Collins, Washington; Dr. Aloysius J. Connolly, District Medical Society, Washington; Miss Wendella Conover, Public Health Nurse, Health Dept., Washington; Dr. Paul B. Comply-;, Howard Medical School» Washington; Miss Mary Edith Coulson, Council of Social Agencies, Washington; Dr. George W. Creswell, Washington; Dr. Hugh S. Cumming, U. S. P. H. S., Washington; Dr. James G. Gumming, District Health Dept., Washington; Miss Ruth Cushman, Public Health Nursing Consultant, U. S. Children’s Bureau, Washington; Mrs. C. E. H. Daniel, Editorial Dept., Afro-American, Washington; V. J # Dardinski, Georgetown Medical School, Washington; Dr, Albert M. Dashiell, Chief of Communicable Diseases, Austin, Texas; Dr. Wm. DeKleine, Am erican Red Cross, Washington; Dr. Sarah S. Dei trick, U. S. Children’s Bureau, Washington; Dr. A. J. Delaney, U. S. Navy, Washington; Miss Naomi Deutsch, Director, Public Health Nursing, U. S. Children's Bureau, Washington; Miss Margaret Dizney, (R. N.), American Red Cross, Washington; Dr. V. J. Dorset, National Institute of Health, Washington; Mary J. Dunn, U. S. P. H. S., Washington; Miss Emma Eichelberger, (Social Worker), Dept, of Health, Washington; Dr. Frank J. Eichenlamb, Georgetown University, Washington; Dr. Ray H, Everett, Director, Social Hygiene Society, Washington Mr« Alfred Eyer, Medical Corps, U. S. Navy, Washington; Miss Lila Farrington Nursing Bureau, Health Dept., Washington; Marion Ferguson, D. C. Health Dept., Washington; Miss Mary D. Forbes, U. S. P. H. S., Washington; Dr. Havelock E. Fraser, U. S. P. H ? S., Washington; Dr- C. Wendell Freeman, Howard University, Washington; Dr. Edward Gardner, Washington; Mrs. Anne Getty, Dist. Health Service Nurse, Washington; Dr- W. Hyatt Gordon, U. S. P. H. S., Washington; Miss Irene Grant, Veterans Administration, Washington; Miss Margaret Hagan, Field Director, American Red Cross, Washington; Dr. John H. Hanks, George Washington Univ., Washington; Dr. W. G. Harrison, National Institute of Health, Washington; Miss I. M. Havey, National Director, Red Cross Public Health Nursing Service, Washington; Dr. H. H. Hazen, Consultant, Public Health Service, W ashington; Mrs. Charlotte M. Heilmann, American Red Cross, Washington; Miss RuthHeintzelman, Public Health Nursing Consultant, U. S. Children’s Bureau, Washington; Miss L. M. Herrick, U. S. Veterans Hospital, Washington; Miss Hortense Hilbert; U. S. Children's Bureau, Washington; Dr. Jay L. Hoffman, St. Elizabeth’s Hospital, Washington; Dr. H. Holle» U. S. P* H. S., Washington; Dr. R. C. Hood, U, S. Children’s Bureau, Washington; Dr. J^. W. Hornibrook, U. S. P. H. S. , Washington; Dr. E. E. Huber, U. S. P. H. S'. , Washington; Dr. A. R. Hughes, Howard University, Washington; Miss Rose A. Jaffe, D. G. Venereal Disease Clinic, Washington; Dr. Robert S. Jason, Dept, of Pathology, Howard University, Washington; Dr. R. Frank Jones, Prof, of Urology, Howard Univ., Washington; Dr. Naomi M f Kanof, LaSalle Apts., Washington; Miss Mary W, Keefer, U. S. Children's Bureau, Washington; ò DISTRICT OF COLUMBIA (Cont’d.) - Dr . John W. Knutson, U. S. P. H. S., Washington; Mr. V. B. Lamoureux, U, S. P*. H. S., Washington; Mps. Julius Lanshurgh, 2311 Connecticut Ave., Washington; Miss Eleanor Leary, Georgetown Univ. Hospital, Washington; Mrs. Sue B. Lindsay, District Public Health Kurse, Washington; Miss Edith McCoy, U. S. Children’s Bureau, Washington; Miss Pearl Mclver, U. S. P. H. S., Washington; Miss Olive E. Madden, Stoneleigh Courts, Washington; Dr. M. S. Mathis, Lieutenant Commander, U. S. Navy, Washington; Dr* K. E. Miller, U, S. ?. H. S..Washington; Watson B. Miller, Chairman, American Legion, 1608 K. St*, N. W. , Washington; Dr. Audrey, Morgan, U. S. P. H. S., Washington; Dr* A. Truxton Morgan, Washington; Miss Stella Mucha, Health Dept., Washington; Miss Lucia Murchison, Director, Medical Social Service, Children’s Hospital.Washington; Miss Pansy V. Murphy, Health Dept., Washington; Miss Dora S. Murray, U. S. Children’s Bureau, Washington; Miss Jane Nicholson, U. S. Children’s Bureau, Washington; Dr- Ella Oppenheimer, Director, Maternity and Child Hygiene, U. S. Children’s Bureau, Washington; Dr* A. Packchanian, Natl. Institute of Health, Washington; Miss Annabelle Petersen, American Red Cross, Washington; Miss Marie Peterson,.American Red Cross, Washington; Miss Rosalie Peterson, U. S. ?. H. S., Washington; Dr- Carolyn Pincock, Venereal Disease Control Clinic, Washington; Dr. Hildrus Poindexter, Howard University, Washington; Miss Josephine P. Prescott, Director, Bureau of Public Health Nursing, Washington; Dr. Thomas F. Probey, Natl. Institute of Health, Washington; Miss Marie Ready, U. S. ?. H. S., Washington; Dr, T..F,. Roger®, Health Dept., Washington; Dr* M.B. Root, Natl. Training School for Boys, Washington; Dr* Geo. B. Roth, Dept, of Pharmacology, George Washington University, Washington; Dr*.Geo. C. Ruhland, Health Officer, Washington; Miss Maryl Rose Ryan, Asst, Field Director, American Red Cross, Walter Reed Hospital, Washington; Dr* L. A. Scheele, U. S. F. H.S., Washington; Dr. W, H. Sebrell, National Institute of Health, Washington; Dr. D. L. Seckinger, Asst. Health Officer, Washington; Mrs. Genevieve Shreve, Health Department, Washington; Dr* E. H. Silverstone, U, S. Indian Service, Washington; Dr. Carrie W. Smith, Natl. Training School for Girls, Washington; Dr. R. B. Snavely, U. S. P. H, S., Washington; Dr. Wm. F. Snow, 50 West 50th St. Washington;*Dr* C. S. Stephenson, Commander, U, S. Marine Corps, Washington; Robert Stolar, Georgetown University School of Medicine, Washington; F. D. Suttenfield, (Medical Student) George Washington Medical School, Washington; S. R, Taggard, Venereal Disease Clinic, Washington; G. H. Thompson, Howard University, Washington; Dr* Thomas C. Thompson, Washington; Dr. Calvin Todd, Veterans Administration, Washington; Dr. John D. Todd, (Student) Howard University, Washington; Dr. Thomas H. Tomlinson, Jr., U, S. P. H.S., Washington; Miss Lida J. Usilton, U. S* ?. H, S*, Washington; A. L. VanHorn, U, S. Children’s Bureau, Washington; Dr* Estella Ford Warner, U, S. P. H. S'*, Washington; Dr, James Watt, U. S, ?. H. S., Washington; Dr. L* W. Whice, U. S. Indian Service, Washington; Mrs, C. G, Williston, Syphilis Dept., Freedman’s Hospital, Washington; I. Winik (Student) George Washington University, Washington. FLORIDA - Dr. barren E. Anderson* City-Count:/ Physician, Pensacola; Dr. Frank Davis, City Health Offideh, Miami; Dr- J. R. Eachern, City Health : ; Officer, Tampa; Dr. Arthur J. Logie, Director, Bureau of Tuberculosis, Florida State Health Dept., Jacksonville; Dr. W. A. McPhaul, State Health Officer, Jacksonville; Dr. J. D. Schonwald, Miami Univ. Health Service, Miami'; Dr- E. T. Sellers; Duval County Welfare Board, Jacksonville; Dr. W. E . V a n Landingham, City Health Officer, West Palm -Beach., GEORGIA - Dr. H, J. Bickerstaff, State Dept, of Public Health, Dr. Guy Lpnsfort, Director, County Health Work, Atlanta; W- L.Shephpard, Atlanta; Dr. S. Ross Brown, Asst. Chief* Diseases,:Georgia State Dept, of Health, Atlanta; Dr. W. Cuyler Clipic, Savannah; Dr• E . J . Whelan, Savannah. Columbus; Dri and Mrs. pf yc-nereal .G>\-Tyson, IDAHO — Dr* M . .W. Caskey, State Dept, of Public Health, Lewiston. ILLINOIS - Dr. C. C, Applewhite, U. S. ?. H. S. Chicago; Lloyd Arnold, Univ. of Illinois, Chicago; Dr. W. W. Bauer, American Medical Assn., Chicago; Dr. A. C. Baxter, Asst. Director of Public Health, Springfield; Dr. C. H. Benning, Director of Health, Peoria; Harriet K. Brooks, Chicago; Dr. Harold Camp, Secy., Illinois State Medical Society, Monmouth; Mrs. Yvonne Ford, Children's Memorial Hospital, Chicago; Dr. Frank J. Jirka, Director, State Dept, of Public Health, Springfield; Dr, J. E. Kemp* Chicago; Dr* Theodore K. Lawless, Northwestern University, 4201 S. Parkway, Chicago; Dr« Z. ^ a l e n Lawrence, Dept, of Biochemistry, Univ, of Chicago, Chicago; Dr. J. J. McShane, Chief, Division of Communicable Disease, State Health Dept., Springfield; Dr* Herman C. Mason, University of Illinois, Chicago; Dr. S. M. Miller, Commissioner of Health, Peoria; Henry L. Porsche, Chief Clerk, Board of Health, Chicago; B. K. Richardson, Illinois State Health Dept., Springfield; Dr. B. Schafer, Syphilis League, Chicago; Dr* L. E. Schmidt, Chicago Board of Health, Chicago; Dr. E. A. Skalnik, Division of Syphilology, Rush Medical College, University of Chicago, Chicago; Dr. G, G. Taylor, 32 North State St., Chicago; Dr. J.A. Thornton, Providence Hospital; Chicago; Dr. Noxon Toomey, Dept, of Public Health, Springfield; Mrs. Margaret Wells Wood, State Board of Health, Springfield; Dr. Rachel Yarros, Secy., 111. Social Hygiene League, Chicago* INDIANA - Dr. F. R. M. Carter, Health Officer, South Bend; Dr. F. W. Cregor, University of Indiana, Indianapolis; Dr. J. W. Ferree, Bureau of Health Administration, Indianapolis; Miss Julis Groscoop, Public Health Nurse, Garett; Dr. V.K. Harvey, State Health Officer, Indianapolis; Dr. D. S. McCready, Indiana State Board of Health, Indianapolis; Dr. H. S. Morgan, Health Commissioner, Indianapolis; Mr, L , J, Rail, Indiana State Board of Health, Indianapolis; Dr. A. F. Weyerbacher, Indianapolis, Jt 5 IOWA - Dr. M. E, Barnes* Professor of Hygiene, University of Iowa, Iowa City; Dr. J. G. Grant, Iowa State College, Ames; Dr. E. E. Jameson, Scott County Medical Society, Davenport; Dr. P. C. Jeane, Iowa City; Dr. Carl. F. Jordan, State Department of Health, Des Moines; Miss Millicent Johnson, Scott County Medical Department, Davenport; Miss Alice Rooney,. Director, Public Health Nursing, Des Moines; Dr. James B. Sharon, Venereal Disease Division, Des Moines; Dr. Walter L. Bierring, State Health Commissioner, Des Moines,■ KANSAS - Dr. Earle G. Brown, State Health Commissioner, Topeka; Dr. W. F. Lunsford, City Health Department, Kansas City; Dr« S. K. Musson, State Board of Health, Topeka; Dr. F. P. Phelm, City Health Officer, Topeka; R. W, Swope, Sanitation Engineer, Kansa.s City; Dr. Nellie G. Walker, Director, Venereal Disease Clinic, Kansas City* KENTUCKY - Dr. F. W. Caudill, State Epidemiologist, Louisville; Dr. R. D, Higgins, P.H.S. Ashland; Dr. George M. Lawson, City Health Department, Louisville; Dr. A. T. McCormack, State Health Commissioner, Louisville; Dr. C. M. Moore, Health Officer, Lexington; Dr- Gradie Rowntree, County Health Officer* LOUISIANA - Dr. Paul S. Parrino, East Carroll Parish Heaith Unit, Lake providence; Dionna Pearce, U.S.P.H.S. Consultant, New Orleans-; Dp. R. W. Todd, Director, Parish Health Administrator, New Orleans; Dr. W. J. Sandidge, Health Officer, Shreveport; Dr- W. K. Sharp, U.S.P.H.S., New Orleans; Dr. C. S. Bruant, Millinocket; Dr. Gustav A. Budor, Chief of Staff, Portland; Dr. George H. Coomhs, Director of Health, Augusta; Dr. P.L.B. Sbbett, Houlton; Dr. Ben B. Foster, Director, Venereal Disease Clinics, Portland; Dr. B. 0. Goodrich, Waterville; Dr. H. L. Jackson, Health Officer, Oldtown; Dr. H.J. Hunt, Bangor; Dr. and Mrs. J. H. Lade, Eastport; Dr. Norman W. MacDonald, Director of Social Welfa.re, Augusta; Dr. D. M, McNeil, Health Officer, Bangor; Dr. R. H. Marsh, Chief, Venereal Disease Clinic, Guilford; Dr. and Mrs. Valter N. Miner, Chief, Venereal Disease Clinic, Calais; Dr. Arch Morrill, State Pathologist, Augusta; Miss Agnes M. Nelson, Public Health Nurse, Portland; Dr. Arthur H. Parcher, 14 Hight Street, Ellsworth; Dr. J* L. Pepper, State Health Department, Portland; Dr. C. B. Popplestone, State Department, Rock land; Dr. H. D. Ross, Chief of,Health Clinic, Sanford; Dr. L. T. Snide, Chief of Clinits, Bath; Dr. H, W. Stanwood, Rumford; Dr. H. S. Thompson, _Eastern Maine General Hospital, Bangor; Dr. Mortimer Warran, State Health Department, Portland; Dr. L, May Weyland, Portland; Dr, Robert J. Wiseman, Jr,, Health Officer, Lewiston. 6 MA RY LA ND - Dr. Jpseph A. Beli, U.S.P.H.S., Baltimore; Dr. C. F. Blankenship, U.S.P.H.S., Baltimore; Meg or C. P. Davis, U.S. Army, Q,.M. Depot, Holahird, Baltimore;.Miss Beatrice Donovan, Assistant Superintendent, Christ Child Farm, Pockville; Dr. W. P. Cameron, Health Officer Washington County, Hagerstown; Dr. Alex Campbell, Johns Hopkins University, Baltimore; Mrs. Anna L. Coffey, Veterans Administration, Perry Point, Dr. Edwin L. Croshy, Johns Hopkins School of Hygiene, Baltimore; Dr. V. LeM. Ellicott, County Health Officer, Baltimore; Dr. David C. Elliott, U.S.P.H.S,, Hagerstown; Dr, C. Leroy Ewing, Baltimore City Health Department, Baltimore; Dr. Thos. E, Eyree, School of Hygiene, Johns Hopkins University, Baltimore; Dr. Joseph P. Franklin, Health Officer, Cumberland; Dr. I. N. Kind, County and Deputy State Health Officer, Prince Frederick; Dr. E. A. Jones, County Health Officer, Cambridge; Dr. C. H. Halliday, Maryland State Department of Health, Baltimore; Dr. W. R. Hill, Baltimore; Dr. A. B. Hooton, County Health Service, Prince Georges County, Upper Marlboro; Miss Mildred Hughes, Johns Hopkins Hospital, Baltimore;Dr. S. H. Hurdle, Health Officer, Salsbury; Miss E. V/. Ulmer, Johns Hopkins Hospital, Baltimore; Mrs. J. H. Landes, 522 11. Broadway, Baltimore; Dr. W. H. Marsh, Solompns; Dr. Bradford Massey, Deputy Health Officer of Maryland,; Pocomoke City; Dr. Charles F. Mohr, Syphilis Clinic, JQhns Hopkins Hospital, Baltimore; Dr. J. E. Moore, Johns Hopkins University, Baltimore; Mrs. E. D. Munroe, Johns Hopkins Hospital, Baltimore; Dr. Paul Padget, 1014 St. Paul Street, Baltimore; Dr. Eugene C. Peck, Deputy Stale Health Officer, Oakland; Ferdinand Reinhand, Director of Bureau of Venereal Disea.ses, Health Department, Baltimore; Dr. R. H. Riley, State Health Officer, Baltimore; Dr. H. M. Robinson, Professor of Dermatology and Syphilology, University of Maryland, Baltimore; Dr. Harry M. Roninsin, Professor of Syphilology, University of Manyland, 106 East Chase Street, Baltimore; Dr. Erwin C. Sage, Johns Hopkins Hygiene School, Baltimore; Dr. T. B. Turner, Johns Hopkins Medical School, Baltimore; Dr. Harry Wasserman, Johns Hopkins University, Baltimore; Dr. Louis S. Welty, County Health Department, Denton; Dr. Huntington Williams, Commissioner of Health, Baltimore; Col. E. A. Roche, U.S.A. (Retired),14 Ralston Avenue, Hyaltsville. » \ 7 MASSACHUSETTS - Dr. and Mrs. Bernard Appel, Clinician, Lynn; Miss Dorothy Bishop, Mass. Memorial Hospital, Boston; Dr, W. P. Boardman, Boston City Hospital, Boston; Dr.-E. C. Cady, U.S. Public Health Service, Boston; Miss Edith Canterbury, Chief of Social Service, Boston; Dr. J. J. Canroll, Holyoke; Dr. Thomas Cavanaugh, Mass. State Dept, of Health, Framingham; Dr. Harold A. Chamberlin, Chief Genitourinary Surgeon, Boston Dispensary, Boston; Dr. Austin W. Cheever, Beth Israel and Mass. General Hospitals, Boston; Mrs. Allison H. Clark, Medical Social Worker, Brockton Hospital, Brockton; Dr. Oscar F. Cox, Jr.-, Secretary, American Neisserian Medical Socity., Boston; Dr. E, G. Crabtree, President, State Social Hygiene Socity, Boston; MissGladys R. IT. Craine, Epidemiologist, Mass, State Dept, of Health, Boston; Miss Alice I. Desmond, Board of Health., Lovell; Dr. James A. Dumas, Com missioner of Health, Lynn; Miss Bessie Fleming, Medical .Social Worker, -Ocean City Hospit cal, Worcester; Dr. Winnifred M. Grant, Memorial Hospital, Worcester; Miss Amy Greene, Children’s Hospital,.Boston; Mrs-. Helen Hooper, Medical Social Worker, Boston Dispensary, Boston; Dr. Wilson W. Knowlton, Asst. Supt., Peter Bent Brigham Hospital, Boston; Dr. C. Guy Lane, Chief of Mass. General Hospital Clinic, Boston; II. Houston Merritt, M.D., Head of neurological Unit, Boston City Hospital, Boston; W. A. Nelson, M.D., Asst. Director of Division of Communicable Diseases, Mass. State Dept, of Health, Boston; Dr. F-. William Marlow, Jr., Peter B ftnt Brigham Hospital, Boston; Dr. John J, McArdle, Lawrence; Dr. Helen I. McGillicuddy, Mass. Society for Social Hygiene, Boston; Dr. Everett Merrill, Lynn; Mrs. S. W. Millers, Mass. Social Hygiene Society, Boston; Miss Agnes B. Murphy, John Hancock Life Insurance Co., Boston; L.C.T. Newpher, Medical Social Service, Cambridge; Richard P. O ’Weil, M.D. , Board of Consultation, Mass. General Hospital-, Boston; Dr. Augustus Riley, Boston; Miss Stasia Slota, Medical Social Service, Worcester; Miss Fannie A. Smith, Medical Social T/orker, Boston; Dr* Edward C. Sullivan, Medical Director, Springfield Hospital Clinic, Springfield; Miss Catherine J. Sullivan, City Health Department, Lowell; Miss Laura M. Sullivan, Medical Social Worker, City Board of Health, Fall River; Dr. B.. Sweeney, Clinic Chief, Fitchburg; Dr.'F. M. Thurman, Associate Professor in Dermatology, Tufts Medical School, Boston; Miss Virginia Vahey, R. IT,, Boston Dispensary, Boston; Miss Ethel Verger, Medical Social Worker, Boston; Miss Viola Vreeland, R. IT., Public Health Purse, Pittsfield; Dr. George B. Whitney, Clinician, Haverhill; MICHIGAN - Miss Lillian Anderson, R. N. , Worth End Clinic, Detroit; Dr. C.D.Barrett, Director, Status Bureaux of Communicable Diseases*», Lansing; Mi#g Hilda Burr, University of Michigan, Dept, of Physical Education, Ann Arbor; Paul De Kruif, Ph.D., Holland; Dr. R. S. Dixon, Detroit; Dr. John La.van, Director of Health, Grand Rapids; Dr. Ralph A. Perkins, Venerologist, Parke-Davis.Co,, Detroit; Dr. George Sewell, Director Social Hygiene, Detroit Dept* of Health, Detroit'; Dr. L. W. Shaffer, Michigan State.Medical Society, Detroit; Dr.. C. C. Siemens, State Commissioner of Health, Lansing; Miss Ina Spangler, W.K. Kellogg Foundation, Pa.w Paw; Dr. V. K. Volk, Health Commissioner,_ Saginaw; Dr. Udo J. Wile, Professor Syphilology and Dermatology, University of Michi gan, Special Consultant, U.S. Public Health Service, Ann Arbor, U m m O T A - Dr. H. A. Che sley, State Health Officer, Minneapolis; Miss Minnie A, Dietrich, Social Investigator, Duluth; Miss Katherine E. Doughterty, Public Health Nurse, Minneapolis; Dr. D. E. Ellison, Assistant Health Officer, Minneapolis; Miss Lucy Clare Finley, Medical Social Worker, State Board of Health, Minneapolis; Dr. F. E. Harrington, Commissioner of Health, Minneapolis; Dr. W. V. Lindsay, Health Officer, Winona; Dr. Kenneth F. Maxey, Head, Department of Preventive Medicine and Public Health, University of Minnesota, School of Medicine, Minneapolis; Dr. Paul A. 0*Leary, Professor of Dermatology and Syphilology, The Mayo Clinic, Rochester; Dr. R. E. Rock, Venereal Disease Control Officer, Minneapolis; Dr™ C. A. S c h e r e r , . Health Officer, Duluth; Dr, R. B. Schoch, Health Officer, St, Paul; Dr, Langdon R. White, Up S. Public Health Service, Minneapolis; Dr. V. A. Wilson, State Board of Health, Minneapolis. MISSISSIPPI - Dr. W. 0. Biggs, Osyka; Dr. A. C. Bryan, Clinician, Lauderdale County Clinic, Meridian; Dr. D. V* Galloway, Lauderdale County Health Officer, Meridian; Dr. To Paul Haney, Health Officer, Pike County, McComb; Dr. John B. Howell, Mississippi State Board of Health, Canton; Dr. S. Paul Klotz, Clinician, Pike County Clinic, McComb; Dr. Nathan B. Lewis, Vicksburg; Dr. W. E. Noblin, Jackson; Dr. G. P. Sanderson, Vicksburg; Dr. J. M. Smith, McComb; Dr. A. G. Ward, Jackson. MISSOURI r* Dr. L, F. Aitken, Chief, Venereal Disease Clinic, Washington University, St, Louis; Dr. Herman S. Gove, State Health Commissioner, Jefferson City; Dr. John V. Lawrence, Director of Washington University Clinics, St. Louis; Dr, K, E. Markuson, State Department of Health, Jefferson City; Dr.^T. R. Meyer, County Health Officer, St* Louis; Dr. H. I. Spector, St. Louis Health Department, St. Louis; Dr. Richard S. Weiss, Associate Professor of Clinical Dermatology, School of Medicine, Washington University, St, Louis; Dr. 0. C. Wenger, U. S. Public Health Service, St. Louis; Dr. John W. Williams, State Health Department, Jefferson City. MONTANA - Mrs. Walter Smethurst, Business and Professional Club, Helena; Dr. L.H, Fligman, President, Montana State Board ox Health, Helena© NEBRASKA - Dr. E. W. Bartholomew, Health Officer, Lincoln; Dr. C, C. Tomlinson, Dermatologist, Omaha. m i HAMPSHIRE - Dr. R. J, Bennett, Director of Clinic, Dover - 9 - JERSEY i, Dr* R. D* Bass, Newark; Dr. W. 0. Blake, Health Officer, Princeton; Dr. C. L. Bossert, Atlantic City; Dr. E. F-. Bostrom, Professor of 'Biology, Upsala College, East Orange; Dr. W, M. Brien, Eye and Ear Infirmary, Newark; Miss Anabel Cadwalleder,•New Jersey State Department of Health, Trenton; Dr. 0. C. Carpenter, Summit; Dr. A. J. Casselman, Chief, Bureau of Venereal Diseases, Consultant State Department of Health, Camden; Mrs. Casselman; Drv . L, Van D. Chandler, Health Officer, Hackensack Dr. Franklin H. Church, Chief Clinician, Salem County V.D. Clinics, Salem; Miss Jane Cook, Health Department, Oranges and Maplewood; Dr. J. James Condran, Warren Hospital, Phillipsburg; Miss Sabina L. Devine, Health Department, Elizabeth; Dr, M, J. Exnor, E p i d e m i o l o g i s t , ^State Department of Health, Trenton; Dr. Alton S. Fell, Director of Public WeIfare and Health, Trenton; Mr. John Hall, New Jersey Health and Sanitary Asso ciation, Freehold; Mis s Elizabeth Harris, Medical Case Worker, Passaic; Dr. William F. Jamieson, Asbury.?Park; Dr. I r v i n g Lerman, Elizabeth;^ Dr. J. T. Lipman, President New Jersey Health and Sanitary Association, New Brunswick; Dr. J. Lynn Mahaffey, Secretary and Director State Depart ment of Health, Trenton; Dr. E, May McCarroll, Board of Health, Newark; Miss Hattie Moore, Medical Social Worker, State Department of Health, Jersey City; Miss Gertrude F. Murphy, Public Health Nurse, Plainfield; Dr, S. Nichols, Chairman of the Board of Health Committee, State Medical Society, Asbury Park; Dr. F. J. Osborne, Health Officer, East Orange; Dr. H. Norton Parker, Neurologist, Trenton; Dr. Valeria Parker, Institute on Marriage and the Home, East Orange; Dr. Samuel L, Salasin, Health Officer, Atlantic City; Dr. William Sampson, State Department of Health, Princeton; Miss H. W. Seifert, R.N., Public Health Nurse, Elizabeth;^ Dr, R. R. Sellers, Newark; Dr. George N. J. Sommer, Trenton; Dr. Edwin F. Stewart, Fairhaven; Dr. A. L. Stone, Director of Public Health, Camden; Dr. A. W. Sweet, State Department of Health, Red Bank; Miss Beatrice A. Weber, Medical CaseWorker, Camden; Dr. F. M. William, Health Officer, Rahway. NEW MEXICO - Dr. A. A. Dewey, Epidemiologist, Santa Fe. *i o » $jgrf YORK - Dr. Poter F. Amoroso., Department of Correction, Hew York City; Dr. L, J, Atkins, Catteraugus County Venereal Disease Director, Olean; Dr. Herbert Bauckus, Consultant, Syphilis Service., Buffalo-; Dr* Vi. H, Best, Department of Public Health, Hew York City; Dr. Charles W. Bethune, Medical Consultant, Board of Health, Buffalo; Miss C, M. Briggs, Public Health Nurse, Poughkeepsie; Miss Grace C. Briggs, Public Health Nurse, Buffalo; Dr. Yf, A*. Brumfield, Jr,, Director, Division of Social Hygiene, N.Y. State Department of Health, Albany; Dr. F. E, Clark, Health Officer, Ogdensburg; Dr. F. T. Clark, Venereal Disease Clinic, Niagra Falls, Dr. Walter Clarke, Director of Social Hygiene, Department of Health, New York City; Miss Mary E. Clinton, Duchess County Health Nurse, Poughkeepsie; Dr. L, F. Cochen, Professor of Public Health, New York Medical College., New York City-f. Miss Hazel Corbin, Carnegie Center Asso ciation, New York City; Miss Katherine Crisp, Medical Social Worker., Buffalo; Miss Dorothy Deming, General Director, National Organization for Public Health Nursing, New York City; Miss Marie Di Mario, Statis tician, New York City Department of Health, New York City; Miss Alta E. Dines, A.I.C.P.,_New York City; Dr. Jenes A, Dolce, Glen Head, Long Island; Miss Loretta Doughty, County Health Nurse, Poughkeepsie; Dr. Haven Emerson, Professor of Public Health, College of Physicians and Surgeons, Columbia University, New York City; Dr. John A. Ferrell, Assistant Director International Health Division, New York City; Francis Fronezak, Medical Corps, U.S. Army, Buffalo; Dr. J. A. Goldbery, Hew York Tuberculosis Society, New York City; Dr. Walter S„. Goodale, ro * of Hygiene and Preventive Medicine, University of Buffalo, Buffalo.; Miss Marie Goulett, Yonkers Tuberculosis and Health Association, Yonkers; Dr. A. V. Hardy, De Lamar Institute of Public Health, Columbia University, New York City; Miss Mildred Hearsey, Presbyterian Hospital, ^New York City; Mr. Milton Hecht, Teacher of Biology and Hygiene, Abraham Lincoln High School, Brooklyn; Mr. C. E. Higbee, Squibb & Sons, New York City; Dr* J. G. Hopkins, Prof» of Dermatology, College of Physicians and Surgeons, Columbia University, New York City; Mr. S. P, Howell, American-Social Hygiene Association, New York City; Dr. D, J. Kaliski, New York State Medical Society, New York City; Mis s Edna Keefer, Public Health Nurse, Buffalo; Wir s, Marie F. Kirwan, State Committee on Tuberculosis and Public Health, New York-City; Dr. Paul R. Kline, Fifth Avenue Hospital, New York City; Dr. Jacob H. Landes, City Health Department, New York City; Dr. T.F. Laurie, Regional Consultant, Division of Social Hygiene, Syracuse; Miss Katherine Loughrey, Social Service Consulting Nurse, Bureau of Social Hygiene, New York City; Dr. W. B. Long, Attending Dermatologist, St. Luke's Hospital, New York City; Dr. C. J, Longstreet, Regional Consultant, -State Health Department, Binghamton; Dr. J. W. McChesney, Department of Health, Albany; Miss.Helen Mac Gillivrey, Public Health Nurse, Hampton, L.I.; Miss Julia Mac Phillips, Consultant Nurse, Albany; Dr, J. F. Mahoney, U.S, Public Health Service, Stapleton, Staten Island; Dr. M. D. Marcus, New York Skin and Cancer Institute, New York City; Dr, C, N, Meyers, College of Physicians and Surgeons, Columbia University, Now York City; Dr. 0, V{. H. Mitchell, Committee on Medical Education, Syracuse; Mr, George J* Nelbach, Nov/ York State Charities Association, New York City; Miss Ruth Nelson, Board of Health, Freeport; Dr, H, S. Newcomer, E, R, Squibbs and Sons, New York City; Miss Loretta Parker, Public Health Nurse, New Rochelle; Dr, James E. Perkins, State Health Department, Amsterdam; Dr. Stewart S. Piper, Clinician, Elmira; Dr, George H. Ramsey, State Department of Health, Albany; Miss Margaret. Reid, Metropolitan Life Insurance Co., New York City; Guy Richards, Correspondent, New York Daily News, New York City; Dr, Andrew Rose, New York City; Dr. T, Rosenthal, Asst. Director of Social Hygiene, N.Y,C, Health Department; Dr* Joseph Rovy, Health Bureau, Rochester; Dr, R* Ruedemann, Jr., Bureau of Social Hygiene, Buffalo; Dr, Tfm, H. Runcie, Health Officer, Freeport; Dr, C. A. Sargent, 11 - Director of Syphilis Control, Buffalo; Dr. I. L. Schomberg, Now York Skin and Cancer Hospital, Now York City; Dr. John R. Schermerhorn, Schenectady; Mrs* Marion Simonson, State Charities Association, Now York City; Dr. Aaron Sobel, Director Social Hygiene Clinics, City Health Department, Poughkeep sie; Dr. L. E. Sprout, Clinician, Rome; Dr, E, Vi. Thomas, Bellovue Hospital, New York City; Dr. IT, C, Thompson, Medical Consultant, Albany; Miss Frances Titus, Public Health Nurse, Hampton, L.I.; Arthur Vi. Towner, Secy. Social Hygiene Committee, Syracuse; Dr. Thomas Uniker, Resident Physician, Grasslands Hospital, Valhalla; Dr. F, L. Vosburgh, Clinician, Board of Health, Mount Vernon; Mr, Mahlon Ward, Board of Directors, Tuberculosis Association of Erie County, Buffalo; Dr. S, L. Warren, Strong Memorial Hospital, Rochester; Dr. Ralph E, Wheeler, Milbanlc Memorial Fund, New York City. NORTH CAROLINA - Dr. R. L. Carlton, Health Officer, Winston-Salem; Dr. A. H, Elliot, Health Officer, Viilmington; Dr, M. T. Foster, Health Officer, Fayetteville; Dr. J, Roy Hege, Forsyth County Health Officer, Winston-Salem; Dr. A. C. Hudson, Health Officer, Greensboro; Dr. J, C, Knox, Epidemiologist, State Board of Health, Raleigh; Dr. George M, Leiby, Venereal Disease Control Officer, Raleigh; Dr. G. L. Rea, Health Officer, Charlotte; Dr, H, F. Readling, County Health Officer, Durham; Dr, C. V. Reynolds, State Health Officer, Raleigh; Dr. R. E. Rhyne, County Health Officer, Gastonia; Dr, Vi, P. Richardson, District Health Officer, Chapel Hill; Dr. Ralph J. Sykes, Health Officer, Mt, Airy* NORTH DAKOTA - Dr. J, A. Cowah, Director of the Division of Preventable Diseases, State Health Department, Bismarck. OHIO - Dr. R. A, Bolt, Director Cleveland Child Health Association, Cleveland; Mrs* R.A, Bolt; Dr. E, J. Braun, Chief, Divisi on of Venereal Diseases, Cleveland; Miss Clara Davis, Ohio State University, Columbus; Miss Doris De Ford, Antioch College, Yellow Springs; Dr, J. A. Doull, Prof* Public Health, Western Reserve University, Cleveland; Dr. N. C, Dysart, Health Commissioner, Columbus; Dr. A, Gelperin, Cincinnati; Dr. II, J, Gordon, Chief of Clinics, Akron; Dr. W. H. Hartung, State Director of Health, Toledo; Dr. F. M. Houghtaling, Health Commissioner, Sandusky; Dr. R. N, Hoyt, Secy., Social Hygiene Committee, Cleveland; Dr. W. P. Johnson, V.D.Control Officer, Columbus; Dr, V. D. Kerns, Health Commissioner, Pickaway County, Circleville; Dr, R. II, Markwith, Health Commissioner, Akron; Dr. J, Grant Marthens, Chief, Public Health Clinic, Dayton; Miss Reba Owen, Supervising Nurse, Public Health Clinic, Columbus; Dr, H. G, Pamment, Health Commissioner, Toledo; Dr, Frank M. Sayre, Health Commissioner, Canton; Miss Jane L. Tuttle, Director, Visting Nurse Society, Columbus. 12 - OKLAHOMA - Dr* Rex Bolen, Professor of Urology, University of Oklahoma, Oklahoma Cityi Dr. Leo Evans, Venereal Disease Control Officer, State Health Dept., Oklahoma City; Dr, Basil A, Hayes, Syphilologist, Oklahoma City; Dr. Everett S. Lain, Professor of Dermatology and Syphilology, University of Oklahoma, Oklahoma City! Dr. Charles LI. Pearce, State Commissioner of Public Health, Oklahoma City; Dr. Walter Stevens, U.S. Indian Service^ Oklahoma City! Dr. A. II. Young, School of Medicine, University of Oklahoma, Oklahoma City-; Dr* W, H. Miles, City Health Officer, Oklahoma City. OREGON ~ Dr. F. D. Strieker, State Health Officer, Portland. PENNSYLVANIA «- Dr, 1. Hope Alexander, Director, Department of Public Health, Pittsburgh! Miss Martha Bailey, State Health Department^ Dillsburg; Dr. IT. W. Bolton, State Department of Health, Philadelphia.! --Sister Amata Brennan, R.N., Providence Hospital, Greensboro; Dr, J. Lamar Calloway, Prof, of Dermatology and Syphilology, Philadelphia! Miss-Laura E. Curwell, Social Worker, Veterans Hospital, Coatesville! Dr. Edith MacBride Dexter, Secretary, State Department of Health, Harrisburg! Dr, Edgar S, Everhart, Director, Division of Syphilology and Genitoinfections Diseases, State Department of Health, Harrisburg! Dr. H. G. Fretz, Assistant Diagnostician, Communicable Diseases, Philadelphia! Sister Claudia Glenn, R*If.j Seton Hill College, Providence Hospital, Greensboro! Miss Alice II. Halloran, Director Bureau of Nursing, State Department of Health, Harrisburg! Dr. M. ,F. Haralson, Consulting Specialist, State Department of Health, Harrisburg! Dr. J. R. Holler, Jr., U.S. Public Health Service, Harrisburg! Dr. Thomas IT, Henderson, Board of Health, Washington; Dr, C. E. Houston, Board of Health, Washington! Miss Ruth Hubbard, General Director, Visiting Nurse Society, Philadelphia! Dr. William C. Hunsicker, Director of Health, Philadelphia! Dr. Norman R. Ingraham,■Department of Dermatology and Syphilology, School of Medicine, University of Pennsylvania, Philadel phia; Mrs'. Norman R. Ingraham, Chief, Social Service, Department ©f Derma tology and Syphilology, Univ, of Penna, Philadelphia; Dr. George E, Johnson, Chief, Division of Cormnunicable Diseases, Philadelphia; Dr. J.M. Kenworthy, Associate Professor Urology, Hahnemann Medical College, Philadelphia; Dr. Frank C, Knowles, Professor, Jefferson Medical College, Philadelphia ; Dr. P. E. Marks, Director, Infectious Diseases, Pittsburgh Dept, of Health, Pittsburgh; Hiss Anne McClelland, Philadelphia; Miss Mary E. IIoul, Public Health Nurse, York; Dr. P, A. Pelouzo, Professor of Urology, University of Pennsylvania, Philadelphia; Dr* D. II. Pillsbury, University of Pennsylvania, Philadelphia; Dr. John W. Rice, President, Board of Health; Lewisburg; Ht, T. A. Rosenberg, State Department of Health, School Medical Inspector, Harrisburg; Dr. J. S. Sherson, Malvern; Miss Eleanor Taylor, Public Health Nurse, Phoenixvillo; Miss Lena R. Waters, Department of Social Service, Hospital of University of Pennsyl vania, Philadelphia; Dr. John D, Yeagley, Director of Public Health, York;.* Dr, A. F* Doyle, Assistant Director Pennsylvania Department of Health, Harrisburg. - I* - RHODE ISLAND - Mr. Thomas Casey, Administrative Asst. State Health Dept., Providence; Dr. Morris Lee Grover, State Epidemiologist, ?roviden«e; Dr. Daniel L. Morrissey, Dir. Div. of Social Hygiene, State Dept."of Public Health, Providence; Dr. Joseph Smith, First Deputy Superintendent, Health Dept., Providence. SOUTH CAROLINA - Dr. Leon Banov, County Health Officer, Charleston; Dr. J. E. Boone, State Medical Association, Columbia; Dr. R. C.Bruce, President, S. C. State Medical Assn., Greenville; Dr. H, Grady Callison, State Board of Health, Columbia; Dr. J. M. Davis, Columbia; Dr. James E. Hayne, State Health Officer; Columbia; Dr* G. E. Me.Daniels, State Board of Health, Columbia;'Dr. F. M. Routh, Chairman, St^te Board of Health, Columbia; Dr. Paul W. Sanders, Charleston; Dr. Simons Sedgwick; Asst, Epidemiologist, State Board of Health, Columbia; Dr. Herbert M. Smith, State Board of Health, Columbia; Dr. W. R. Wallace, State Board of Health, Chester; Dr. Ben. F. Wyman, State Board of Health, Columbia; Dr. Hugh E. Wyman, Columbia. SOUTH DAKOTA - Dr* R. Dyer, Venereal Disease Control Officer, Huron; Dr. R. H. Wilcox, Venereal Disease Control Officer, Lead; Dr. Fred R. Zeiss, Director, State Venereal Diseast Control Work, Pierre. TENNESSEE — Sr. Edwin Gurney Clark, Venereal Disease Consultant, Nashville; Dp. W. H. Enneis, Bureau of Health, Knoxville; Dr. F. A. Faulkner, Dept, of Venereal Diseases, Knoxville; Dr. Lloyd M. Graves, Supt., State Health Dept., Memphis; Dr. E. R. Hall, University of Tennesses, Prof, of Dermatology and Syphilology, Knoxville; Dr. Alvin E, Keller, Vanderbilt University, School of Medicine, Nashville; Dr. F. L. Moore, County Health Officer, Bristol; Dr. Hugh J. Morgan, Prof, of Medicine, Vanderbilt Univ. School of Medicine, Nashville; Dr. John J. Mullowney, President, Meharr;/Medical College, Nashville; Dr. Crit. Pharris, State Dept, of Health, Nashville; Dr. J. T. Watkins, Nashville. TEXAS - Dr. J. W.-Bass, Director Public Health, Dallas; Dr . J. W. E. H. Beck, Dir. Maternal and Child Health, Austin; Dr. P.A. Bleakney, Venereal Disease Control Officer, San Antonio; Dr. Paul S. Carley, U. S. Public Health Service, Austin; Dr. R. L. Cherry, Venereal Disease Control Officer, Giddings; Dr. Albert M. Dashiell, Chief of Communicable Diseases, Austin; Dr. 0. F. Gerodetti, State Health Dept., Austin; Dr. T.7. Kalb, Director, Venereal Disease, Div., Jefferson Davis Hospital, Houston; Dr.W. A. King, Health Officer, San Antonio; Dr. W. H. Moursund, Dean, Baylor Univ. School of Medicine, Dallas; Dr. William B. Sharp, Prof., Univ. of Texas, Galveston; Miss Mary Stewart, Secy., Social Hygiene Service, Houston. UTAH - Dr. D. D.. Oarr, Bureau of Venereal Diseases, Salt Lake City; Dr, Samuel G. Paul, State Board of Health, Salt Lake City; William M. McKay, Ogden. Il VIRGINIA - Mrs. Dorothy Albright, Bureau of Public Health Nursing, Richmond;. Dr. Otis L. Anderson, TJ. S. Public Health Service, Richmond; Miss Lillian Bischoff, R. N., Director, Public Health Nursing, Medical College of Virginia, Richmond; Dr. W. A. Brumfield, Health Officer, Famville;.; Dr. E. D. Burke, Public Health Assn., Norfolk; Dr. D. T7. Byrd, Clinician. Public Clinic, Norfolk; M^ss Miriam Dettelbach, Council of Social Agents, Richmond; W. B. Poster, Director, Public Welfare, Richmond; Dr, R,.W. Garnett, Health-Officer, Danville; Dr. R. W. Garnett, Jr., Student, Danville Mrs. Jean Harris, Veterans Hospital, Roanoke; Dr. Roger E. Heering; U. S. Public Health Service, Norfolk Marine Hospital, Norfolk; Dr. E. M. Holmes,Jr Health Officer, Dairfort.County; Lt. Commander W. R. Johnson, Medical Corps, U. S„. Marine Corps, Syphilid Service, Narine Barracks, Quantioo; Dr. Raymond Kimbrough, Director, Norfolk County Venereal Disease Clinic, Norfolk; Dr. E. t. K^rby, Jr., Professor of Urology, University of Virginia, University; Dr. G. F. McGinnes, State Health Department, Richmond; Dr. Verlin S.E. Miles* Children1s Hospital, Arlington; Dr . E. Nnrris Morgan, Chairman, B etter Health Society, Kilmarnock; Dr . Lawrence T. .Price, Emferitus Professor of Medical College of Virginia, Richmond; Mj_ss Mary Alice Riley, Director, Social Work, Medical College of Virginia, Richmond; D„, Clyde P. Ross, Clinical Professor of Urology, Medical College of Virginia, Richmond; Dr. M. I. Shanholtz, Health Officer, Bristol; Dr. J. C. Sleet, Health Commissioner, Norfolk; Dr. Dudley C. Smith, Dept, of Dermatology and Syphilology, School of Medicine, University of Virginia, University; D . G. Colbert Tyler, Health Officer, Newport News; Dr. Pred J. Wampler, Medical College of Virginia, Richmond; Dr. Charles R. Woolwine, Health Officer, V.P.I., Blacksburg; VERMONT - Dr. C. P. Dplton, Secretary, State Board of Health, Burlington; ' Dr Pred S. Kent, U.S.P.H.S., Burlington; WASHINGTON - Dr. Don G. Evans, Assistant Director State Department of Health, Seattle; Dr. W. B. Spnger, City Health Department, Spokane; Dr. J, S. Thomas, Seattle; G. S. Usher, Washington State Department of Health, Seattle. WEST VIRGINIA - Dr. William Thurlow Booher, Wellsburg; Dr. R. Burdette* County Health-Officer, M rgantown; Dr . A. E. Clue, State Health Officer, Charles ton; Dr. J. H. Crouch, _Director, Training Center, Beckley; Mj_ss Elizabeth Curren, City-County Health Department,.Wheeling; Dr. L, W. Franic, Berkley Mining School, Berkley; Dr. W.C.G. Hill, Health Director, Moundsvilie; Dr. W. W. Hume, Bair Building, Beckley; ■gr* R. L Renter, Boone County ;fer, County Ilealth Officer, Health Officer, Madison; JL. Charles Y. Preston County, Kingwood; Dr. and Mrs, R.~M Pedicord, City-County Health Commissioner, Reeling; Dr. A. H Price, Director, County Health Work, Charleston; Dr. II. B. Robbins* City Health Officer"', Charleston; Miss Cecelia Robrecht,*Public Health Nurse, Wheeling; Dr, J. W. Stokes, County Health Officer, Hinton; Dr. C. W. Wadell, Pree Clinic, Fairmont; Dr. R. M, .ie, Huntington. 15 I WISCONSIN - pr. Charles W. Giesen, Health Department, Superior; Dr. II. M. Guilford, State Board of Health, Madison; Dr. William J. McKillip, Chief, Venereal Disease Division, Milwaukee Healtil Department, Milwaukee; Dr. James C. Sargent, Chairman, Committee Venereal Disease Control, State Medical Society of Wisconsin, Milwaukee; Dr. Eugene A. Smith, Milwaukee County Institutions, Milwaukee; Dr. Milton Trautnun, State Health Dept., Prärie du Sac; WYOMING ~ Dr . G. M Anderson, State Health Officer, Cheyenne; FOREIGN AND TERRITORIAL Dr. A. L. McKay, Ontario Department of Health, Toronto, Ontario; Canada; Dr. C. Francisco Bassols, Mexico City, Mexico; Dr. Guillerma Arbona, Health Department, Puerto Rico, (postgraduate work, Johns Ilopkins School of Hygiene); Dr. Richard K. C. Lee, Deputy Health Officer, Honolulu, Hawaii; Dr. Julio Roherto Herrera, Guatemala, (Postgraduate work, Johns Hopkins School of Hygiene); Dr. Jose Quintini, Venezuela, (Johns Hopkins School of Hygiene); Dr. Gustavo Rovirosa, Mexico Department of Public Health, Mexico City, Mexico, (Postgraduate Work, Johns Hopkins School of Hygiene); Dr. G. Russo, Health Officer, Rome, Italy, (Postgraduate work, Johns Hopkins School of Hygiene); Felipe Sanchez, Mexico, (School of Hygiene, Johns Hopkins Hospital); Victor A. Sutter, El Salvador, Central America (School of Hygine, Johns Hopkins). -ooOoo- Murphy was horn November 29, 1878, at Columbus, ^hio. His father, John 3. Murphy, was connected with the Secret Serviee from 1893 until his death, iri 1906, O ']‘iijiïiiiit-4-T-iim'iiiiiniilirirrrr-jH . £ .ter lí to 35i a number of cities in the Middle:West, to Seattle and to New York. In 1903 he was ygLz assigned to Boston to take charge of the Northeast district. He remained 10 years in that assignment, but spent a large share of the time on the I Presidential detail, being assigned to guard President xheodore Roosevelt during the last two years of his term and devoting a portion of his time to the vhite House detail during the Taft administration. In 1912, following the election of V-'oodrow Wilson as M * President, Murphy was assigne ¡PV to guard him. curing the .Ml son administration he was appointed head of the White House detail and accompanied the President abroad and on all trips in this /A r country. In In 1919 1936 he was Murphy was named assistant chief, xsr assigned to duty on the Pacific Coast but t as recalled xhEnx^hisfxxisrrHx to familiarize J ilson with his duties as acting assistant chief, and later went to South /í*f& ~^*s~***^ American in advance of S S X President Roosevelt. ’ v a m wM... IT m lorani .vwes T a A '•'"■a ciU v%-£ j "born March §8, lÿ64, s t Hi ;rsto Maryland. He entered the Secret Service December 1, 188?, being appointed by James Brooks, then chief of the service] as an assistant operative ^yEe vas appointed chief clerk Qecea 16, 1897, assistant chief July 1, 1907> and chief January 2, 1918. During his service as an operative end as chief //If* clerk Moran made an especial study of the vvork of individual steel engravers who had been connected with counterfeiting operations# *ocess of 'olate rneki h 'j x L i. jj'iwg-ji: xh f -frfe f^FeT*Te^ik developed^ he success of the Secret Service in identifying the ¿gravefis responsible for plates from which counterfeit not^s rinted was due largely to Moran*s ¡ t i c w o r k study of the charset or ind incLfactualI * ” “ _jajjHw^maicers^ " Chief Moran reached the retirement age of vO^in 1954 but his term was twice extended by executive order. Chief Moran is married and has two sons end one dauff His term of service w s . exceeds that of any prvious chief of the Secret Service. The longest prior service as chi was that of John E. yiilkie, 1898 to 1911. Chief Moran also has had for .some tin the distinction of holding the longest service record of any member of, the Treasury department personnel still in s@r Mr* Wilson was born May 19, 1886, at Buffalo, New York; is married but has no children. He obtained his elementary and high school education at Buffalo, New York, and attended the University of Buffalo for one year* He was employed as an Investigator by the New York Federal Food Board and as a representative of the Department of Justice in Buffalo in the capacity of Deputy Fair Price Commissioner* He was appointed a Special Agent in the Intelligence Unit on August 3, 1920, and was advanced through the vari ous grades to the position of Special Agent in Charge of the Cleveland Division. Mr. Wilson was engaged on some of the most important cases handled by the Intelligence Unit. He was in charge of the investigation at Chicago which resulted in the con viction of A1 Capone and a number of other racketeers, and was rated as one of the outstanding men of the Intelligence Unit. He was also engaged for a period of approximately twenty months in connection with the investigation of the Lindbergh kidnapping case* O \he Sei sferre 1936, feptemb< as As! «vice itivisj^Tn of \he T r ^ u iy Depai tief. j Secretayy MorgenthAu today appointed Frank J. Wilson to "be Chief of the Secret Service and Joseph E. Murphy to "be Assistant Chief. Both took the oath of office and entered upon their duties today. Chief Wilson feucceeds J«*PBSBBisa*D Chief William H. Moran, who retired today after '"^"^ears in the SecretAService of the Treasury Department, imsi. including^years as chief. Mr. Wilson has "been acting Assistant Chief $n of the Division since September 8, 1936, when he was transferred to the Secret Service from the position of Special Agent in Charge of the Cleveland Division of the Intelligence Unit of the Bureau of Internal Revenue. Mr. Murphy is promoted to Assistant Chief, a position he had previously held for /7 years, from the position of Superintendent of the ¿V Southwestern Division of the Secret Service, with headquarters at Los Angeles. TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE . Thursday, December 31, 1936. Press Service Ho, 9-29 Secretary Morgenthau today appointed Frank J. Wilson to be Chief of the Secret Service and Joseph E, Murphy to be Assistant Chief* Both took the oath of office and entered upon their duties today. Chief Wilson succeeds Chief William H. Moran, who retired today after 54 years in the Secret Service of the Treasury Department, including 19 years as chief. Mr. Wilson has been acting Assistant Chief of the Division since September 8, 1936, when he was transferred to the Secret Service from the position of Special Agent in Charge of the Cleveland Division of the Intelligence Unit of the Bureau of Internal Revenue, Mr, Murphy is promoted to Assistant Chief, a position he had previously held for 17 years, from the position of Superintendent of the Southwestern Division of the Secret Service, with headquarters at Los Angele Mr. TMlson was born May 19, 1886, at Buffalo, New York; is married, but has no children. He obtained his elementary and high school education at Buffalo, New York, and attended the University of Buffalo for one year. He was employed as an Investigator by the New York Federal Food Board and as a representative of the Department of Justice in Buffalo in the capacity of Deputy Fair Price Commissioner, He was appointed a Special Agent in the Intelligence Unit on August 3, 1920, and was advanced through the various grades to the position of Special Agent in Charge of the Cleveland Division, Mr, Wilson was engaged on some of the most important cases handled by the Intelligence Unit, He was in charge of the investigation at Chicago which re sulted in the conviction of Al Capone and a number of other racketeers, and was rated as one of the outstanding men of the Intelligence Unit,. Ho was also en gaged for a period of approximately twenty months in connection with the investigation of the Lindbergh kidnapping case« Mr« Moran, the retiring chief, was born March 28, 1864, at Hagerstown, Maryland* He entered the Secret Service December 1, 1882, as an assistant operative, being appointed by Janies Brooks, then chief of the service. He was appointed chief clerk December 16, 1897, assistant chief July 1, 1907, and chief January 2, 1918. During his service as an operative and as chief clerk Mr. Moran made an especial study, of tho work of individual steel engravers who had been connected with counterfeiting operations. Chief Moran reached the retirement ago of 70 years in 1934, but his term was twice extended by Executive Order. Chief Moran is married and has two sons and one daughter* His term of service exceeds that of any previous chief of the Secret Service The longest prior service as chief was that of John E. Yfilkic, 1898 to 1911, Chief Moran also has had for some time the distinction of holding the long est service record of any member of the Treasury Department personnel still in service, Mr, Murphy was born November 29, 1878, at Columbus, Ohio« His father, John E. Murphy, was connected with the Secret Service from 1893 until his death, in 1906, in St, Louis* Joseph Murphy entered the Secret Service in 1899 and was first assigned to Philadelphia and later to a number of cities in the Middlo Most, to Seattle and to Now York, In 1903 he was assigned to Boston to take charge of the Northeast District, He remained 10 years in that assignment, but spent a large share- of tho time on the Presidential detail, being assigned to guard President Theodore Roosevelt during the last two years of his term and devoting a portion of his time to the Tfhito House detail during the Taft administration. - 3 - In 1912, following the election of Woodrow Wilson as President, Mr, Murphy was assigned to guard him. During the Wilson administration ho was appointed head of the White House detail and accompanied the President abroad and on all trips in this country*. In 1919 Mr, Murphy was named assistant chief. In 1936 he was assigned to duty on the Pacific Coast but was recalled to familiarize Mr, Wilson with his duties as acting assistant chief, and later went to South America in advance of President Roosevelt,.. Mr, Murphy is unmarried. — oOo— "*• t i «T *> <e Statement by Secretary Morgenth.au My lew Year wish is happiness and prosperity to the Nation as well as to each indi-vidual citizen* We can look back on the events of the year just ended with much satisfaction. Business activities have increased, the National income has risen, opportunities for profitable work in all lines have broadened. The revenues of the Treasury have reflected the quickening business life of the Nation. The high state of the Nation’s credit is shown by the eager demand for and the high prices of public securities. The value of the dollar has remained stable and we have reached understandings with a number of foreign countries which have been successful in promoting stability for international exchange and have had an undoubted good effect on the general world economy. All of these facts give us a right to look forward to the New Year with renewed confidence and courage. TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE Thursday, December 31, 1936* Press Service No. 9*30 STATEMENT BY SECRETARY MORGENTÏÏAU My New Year wish is happiness and prosperity to the Nation as well as to each individual citizen* with much satisfaction# Tie can look back on the events of the year just ended Business activities have increased, the National income has risen, opportunities for profitable work in all lines have broadened* The revenues of the Treasury have reflected the quigfeoning business life of the Nation,. The high state of the Nation’s credit is shown by the eager demand for and the high prices of public securities,, The value of the dollar has remained stable and wo have reached understandings with a number of foreign countries which have been successful in promoting stability for international exchange and have had an undoubted good effect on the general world economy* a right to look forward All of those facts give us to the New Year with renewed confidence and courage* — 0O 0-- TRS&SUHT DEPARTMENT FOR m s& S R , MORNING ffiBPAPSBS, Tuesday, January 5» 1907» 1/4/3? Press S ervice f ' 3 / S ecretary o f the Treasury Morgenthau announced la s t evening th a t the tenders fo r two s e r ie s o f Treasury b i l l s , to be dated January 6 , 193?, which were offered on December 3 1 , 1936, were opened a t th e Federal Reserve banks on January 4* Tenders were in v ite d fo r the two s e r ie s to the aggregate amount o f #100,000,000, o r thereabouts, and #236,305,000 was applied f o r , o f which #100,180,000 was accepted. The d e t a ils o f th e two s e r ie s a re a s fo llo w s: 71-DAT TREASURY BILLS, MATURING MARSH 18 , 1937 For th is s e r ie s , which was f o r #50,000,000, o r th ereabou ts, the t o t a l amount applied fo r m s #105,265,000, o f which #50,055,000 was accep ted . The accepted bidi ranged in p ric e from 99,980, equ ivalen t to a ra te o f about 0 ,10 1 percent per annua, to 99 , 9 5 5 , equ ivalent to a r a te o f about 0,228 percent per annum, on a bank d is count b a s is . Only p art o f the amount bid f o r a t the l a t t e r p ric e was accepted. The average p ric e o f Treasury b i l l s o f t h is s e r ie s to be issued i s 99,961 and th® average ra te i s about 0,199 percent per annum on a bank discount b a s is , 273-DAY TREASURY B IU 3 , MATURING OCTOBER 6 , 1937 For t h is s e r ie s , which was fo r #50,000,000, or thereabouts, the t o t a l amount ap plied f o r was #131,040,000, o f which #50,125,000 was accepted, Except fo r two bids to ta lin g #25,000, the accepted bids ranged in p ric e from 99,776, equivalent to a ra te o f about 0.295 percent per annum, to 99.745, equivalent to a ra te o f about 0.336 percent per annum, on a bank discount b a s is . The average p rice of Treasury b i l l s o f t h is s e r ie s to be issued i s 99.760 and the average ra te is about 0,316 percent per annum on a bank discount basis« TREASURY DEPARTMENT Washington PCB RELEASE, MORNING- NEWSPAPERS» Tuesday, January 5, ,1937.' IFress Service No. 0-31 I Secretary Qf the Treasury Morgenthau announced last evening that the tenders for two series.-of Treasury "bills, to "be dated January 6, 1937, which were offered on Bed-ember 31, 1036,. were opened at the Federal Reserve "banks on January 4» Tenders were invited for the two series -to the aggregate amount of $100,000,000, nr thereabouts, and $236,305,000 was applied for, of which $100,180,000 was accepted. The details of the two series are as follows: 71-DAY TREASURY BILLS, MATURING MARCH 18, 1937 For this series, which was for $50,000,000, or thereabouts, the total amount applied for' was $105,2$5,000, of which $50,055,000 was accepted. The accepted bids ranged in price from 99.980, equivalent to a rate of about 0.101 percent per annum, to 99.955, equivalent to a rate of about 0.228 percent per annum, on a bank dis count basis. Only.part of the amount bid for at the latter price was accepted. The^average price of Treasury bills of this series to be issued is 99.961 and the average rate is about 0.199 percent per annum on a bank discount basis. ¿73-BAY TREASURY BILLS, MATURING- .OCTOBER 6. 1937 For this series, which was for $50,000,000, or thereabouts, the total amount applied for was $131,040,00.0, of which $50,125,000 was accepted. Except for two bids totaling $25,000, the accepted bids ranged in price from 99,776, equivalent to a rate_,of about-0,29.5 percent per annum, to 99,745, equivalent to a rate of about 0*336 percent per annum, on a bank discount basis. The average price of Treasury bills of this series to be issued is 99,760 and the average rate is about 0*316 percent per annum on a bank discount basis. ooOoo TREASURY DEPARTMENT Washington P9R. RELEASE, AETERNOON NEWSPAPERS, Wednesday« January 6, 1937.______ 1-5-37. Press Service No. 9-32 Operations of United States mints daring the calendar year 1S36 br>ke all records, with the single exception of 1919, Mrs. Nellie Tayloe Ross, Director of the Mint, announced today. The total domestic coinage during 1936 amounted to 722,976,721 pieces, with a total value.of $46,388,101.44, as compared with 560,760,047 pieces, valued at $38,580,§23.50, during 1935. The record coinage in the history of the Mint in 1919 amounted to 738,642,000 pieces. The demand for coins mounted steadily during the past year, with December the high month with a total of 115,310,049 coins struck. The coinage during this month alone was greater than the combined coinage for the three calendar years of 1931, 1932 and 1933. A total of 13,316,396,471 domestic coins have been produced since the establishment of the United States Mint in 1793. In addition to the domestic coinage the United States mintft executed 32,350,000 coins for other American governments during 1936. The nations for which Cuba these coins were produced were Costa Rica, Nicaragua, San Salvador, ¡¿nd Venez' u-ela* No silver dollars were minted during the past year, but the output of every other denomination exceeded the corresponding output for 1935, as is shown in the following statement: o c ? C O IMGE EXECUTED AT THE MINTS OE THE UNITED 'STATES DURING THE CALENDAR YEARS 1935 and 1936 Calendar Year 1936 Calendar Year 1935 (Pieces) SILVER Dollars (Pieces) Value - - - - - - - - - - Value 3,540,000 $3,540,000.00 16,019,800 8,009,900.00 20,754,301 $10,377,150.50 383,247 191,623.50 737,464 368,732.00 Quarter Dollars 43,924,000 10,981,000.00 50,505,837 12,626,459.25 Dimes 85,147,000 8,514,700.00 112,846,130 11,284,613.00 149,014,047 31,237,223.50 184,843,732 34,656,954.75 Five Cent Nickel 80,656,000 ii 4,032,800.00 158,745,420 $ 7,937,271.00 One Cent Bronze 331,090,000 3,310,900,00 379,387,569 3,793,875.69 411,746,000 7,343,700.00 538,132,989 11,731,146.69 Total Domestic Coinage 560,760,047 38,580,923.50722,976,721 $46,388,101.44 Half Dollars (Regular) Half Dollars (Commemorative) Total Silver MINOR Total Minor DOMESTIC COINAGE 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 105,994,510 pieces 347,900,469 pieces 501,030,628 ii 538,160,846 1! 738,642,000 11 631,422,290 It 160,364,098 tt 95,538,577 1 254,277,250 i 196,522,580 u 308,646,886 h 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 - PIECES 314,614,789 piece 296,010,084 it 274,208,285 it 385,582,950 it 266,056,000 it 35,196,750 it 31,375,550 ti 23,109,250 ii 358,269,353 it 560,760,047 ii 722,976,721 The Philadelphia mint produced 570,411,072 domestic coins during 1936 and the entire foreign coinage. The Denver mint produced 91,425,538 domestic coins and the San Francisco mint 61,140,111 domestic coins. The following statement shows the output of domestic and foreign coins by months; Coinage 1936 - Pieces Domestic January February March April May June July August September Sctober November December 27,012,026 27,803,055 35,740]627 34,5525406 31,808,006 41,745,095 59,894,158 62,442,930 77,989,548 100,562,851 108,112,392 115,310,049 ooOoo Foreign 4,300,000 2,500,000 2,500,000 2,500,000 1,750,000 2,800,000 10,175,000 3,825,000 2,000,000 D elivered by the United S ta te s Bureau o f Engraving and _____ P rin tin g in the Calendar Year 1956.__________ Number Face Value F ederal Reserve notes ............................... • • United S ta te s n o t e s ......................................... S ilv e r c e r t i f i c a t e s * .. * ............ .................. T o ta l currency . . . . . . . . . . . . . . . . . 202,515,200 55,856,000 767.852.000 1.024.005.200 #5,175,680,000 222,048,000 1.254.684.000 #4.652.412•000 Bonds, a l l kinds ..................... Treasury n o te s, Reconstruction Finance Corporation n o te s, Treasury b i l l s , P o s ta l Savings c e r t i f i c a t e s o f d e p o sit, e t c . ................................... .. T o ta l debt o b l i g a t i o n s ............... • 41,297,574 #15,297,959,800 19.757.584 61.054.758 15.005.474,888 $28,501,454,688 United States postage stamps .......... Distilled spirits stamps .............. Cigar stamps ......... .............. . Cigarette stamps ....... ....... ....... Tobacco stamps .............. •••••.... Revenue stamps, other ................... Checks, card form for Agricultural Adjustment Administration.......... . Checks, other ........... ............. Commissions, certificates, transporta tion requests, customs stamps, tax exempt potato stamps, Federal migra tory-bird hunting stamps, District of Columbia, and stamps and securi ties for Cuba, Philippines and Puerto Rico, etc. ....................... Grand total subjects .......... 14,648,10 1,451 ; 9207078,797 201,529,256 7,650,625,454 2,412,740,978 684f502r544 1 —»in 457,615,511 5,840,000 151,156,855 198.882.557 26.851.257.852 stamps increase/ from 82 ,076,784 in 1935 to 920,078,797 in 1936. ^elivéries of cigarette stamps increased from 6,789,410,920 in 1935 to 7,630,625,454 in 1936. Following is a more detailed statement of 1936 onerations A grand total of 26,851,257,852 subjects of all varieties, ranging in denominations from one-half cent postage stamps to $1,000,000 Treasury bills, were delivered by the Bureau of Engraving and Printing during the calendar year 1936, Alvin V,. Kail, director, announced today. Federal reserve notes, United States notes and silver certificates numbering 1,024,003,200, with a value of $4,652p| were delivered during 1936, as compared with 738,985,032* with a value of $2,679,863,460 in 1935. Due to the issuance of Adjusted Service payment bonds during 1936, the total number of bonds, notes, bills and other debt obligations, 61,034,758, was much larger than in 1935,. wj the corresponding figure was 30,615,042. value of these debt obligations However the total delivered, $28,301,434,688, was considerably lower than the figure for 1935, which was $35,796,147,390. Numerically the largest group of Bureau of Engraving and Printing products consisted of 14,648,101,451 postage stamps, valued at $437,615,311, a slight reduction from 1935 deliveries. Deliveries of revenue stamps during 1936 all i S s a r again broke records, due principally to increases in sales of tax-paid liquor and cigarettes. Deliveries of all revenu* stamps increased from 10,872,636,884 in 1935 to 11,849,277,009 in 1936. Deliveries of distilled spirits fV HgHHggK ' ■ ■ TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Thursday. January 7« 1937« 1-6-37, Press Service No. 9-33 A grand total of 26,851,257,852 subjects of all varieties, ranging in denominations^from one-half cent postage stamps to $1 ,000,000 Treasury bills, were delivered by the Bureau of Engraving and Printing during the calendar year 1936, Alvin W. Hall, Director, announced today. Federal Reserve Notes, United States Notes and silver certificates numbering 1,024,003,200, with a value of $4,652,412,000, were delivered during .1936, as com-< pared with 738,985,032 pieces of currency,«with a value of••$2,679,863,460, in 1935* Due to the issuance of Adjusted Service payment bonds during 1936, the total number of bonds, notes, bills and other debt obligations, 61,034,758, was much larger than in 1935, when the corresponding figure was 30,615,042. However, the total value of these debt obligations delivered, $28,301,434,688, was considerably lower than the figure for 1935, which was $35,796,147,390. Numerically the largest group ©f Bureau of Engraving and Printing products consisted of 14,648,101,451 postage stamps., valued at $437,615,311, a slight reduction from 1935 deliveries. Deliveries of revenue stamps durirg’1936 again broke all recent records, due principally to increases in sales of tax-paid liquor and cigarettes. Deliveries of all revenue stamps increased from 10,872,636,884 in 1935 to 11,845,277,009 in 1936. Del iveries of distilled spirits stamps increased from 82,076,754 in 1935 to 920,078,797 in 1936. Deliveries of cigarette stamps increased from 6,789,410,920 in 1935 to 7,630,625,454 in 1936. Following is a more detailed statement of 1936 operations'! 2 - Delivered by the United States Bureau of Engraving and _______Printing in the Calendar Year 1956._____ ______ Number Federal Reserve notes United States notes Silver Certificates Total currency Bonds, all kinds ..........«.......... Treasury notes, Reconstruction Finance Corporation notes, Treasury bills, Postal Savings certificates of deposit, etc................... . Total debt obligations ..... United States postage stamps ............... Distilled spirits stamps ..... Cigar stamps ............ Cigarette stamps .......................... Tobacco stamps ........................... Revenue stamps, other ................ Checks, card form for Agricultural Adjustment Administration Checks, other ............................. Commissions, certificates, transporta tion requests, customs stamps, tax exempt potato stamps, Federal migra tory-bird hunting stamps. District of Columbia, and stamps and securities for Cuba, Philippines and Puerto Rico, etc* ........... .................. Grand total subjects ........ .. 202,515,200 Face Value 767,852,000 1,024,005,200 43,175,680,000 222,048,000 1,254,681,000 |4,652,412,000 41,297,374 |15,297,959,800 19,757,584 61,054,758 15,005,474,888 S2S,501,454,688 14,648,101,451 920,078,797 201,329,236 7,650.625,454 2,412,740,978 684,502,544 437,615,311 53,856,000 3,840,000 151,lo6,S55 198,882,557 26,851,257,852 »STOCK ASSESSMENT TRUSTS« INSOLVENT NATIONAL BANKS WHERE RECEIVERS SERE APPOINTED PRIMARILY TO COLLECT AN ASSESSMENT UPON SHAREHOLDERS TO COVER A DEFICIT IN ASSETS SOLD, WHICH WERE FINALLY CLOSED DURING THE MONTH OF DECEMBER. 19^6. Date of F a ilu res The The The The The F ir s t N ational Bank o f Medford, Wis. *a* Broadway N ational Bank o f Chicago, 1 1 1 .* * Producers N ational Bank o f T u lsa, Qkla. * F ir s t N ational Bank o f Hendricks,Minn. * Commercial N at*l Bank in J e ffe rs o n , T ex.* 11-9-33 9-7-32 7-27-32 4.-11-34 1-16-34 T o ta l D isbursements Including O ffse ts Allowed t $ 16,887. 6,481. 389,612. 1 7 ,5 13 . 11,4 0 1. Per Cent T o tal D isbursements To T o ta l ‘L ia b ilit ie s * 15.78 100 . 93.4 28.38 100.24 Per Gent Dividends Declared To A l l Claimant • 1 5 .6 # -0 68.206 9.509 1 1 2 .9 8 * — D epositors and c re d ito rs o f record were paid in f u l l by assumption o f l i a b i l i t i e s by another bank. Re ceiversh ip f o r purpose o f c o lle c t in g assessment upon stockholders to enable payment o f d e f i c i t in a sse ts so ld . ** - Depositors and c re d ito rs o f record were paid in f u l l by assumption o f l i a b i l i t i e s by another bank. Re ceiv ersh ip f o r purpose o f c o lle c t in g assessment upon stockholders to enable payment o f d e f i c i t in a sse ts so ld . Contention arose as to amount o f claim o f c re d ito r bank and same was s e ttle d by compromise re su ltin g in no dividends being declared. ***— Bank obtained w aivers o f from depositors and sold s u ff ic ie n t a s s e ts to pay remaining 60% o f d e p o sits. Residue o f a s s e ts were tru steed f o r waiving c re d ito rs but proved in s u f fic ie n t to pay them in f u l l and a R eceiver was appointed to c o lle c t an assessment upon stockholders which enabled a return to c re d ito rs o f 15.78% o f the 4-0%. C red ito rs a c tu a lly received approximately 6*/% o f t h e ir o r ig in a l d e p o sits. —6— been assumed by another bank. The re c e iv e r was appointed fo r the pur pose o f c o lle c tin g an assessment a g a in st the stockholders to cover a d e fic ie n c y in the a sse ts so ld . The cre d ito r bank, from dividends and other sources, received 100 per cent to geth er with in te r e s t in f u l l , amounting to 12.98 per cent. Disbursements during re c e iv e rs h ip , in cluding o f f s e t s allowed aggregated $1 1 , 4-0 1 , and the stockholders received nothing. Dividend payments during December, 1936, by a l l re c e iv e rs o f in s o l vent n atio n al banks to the c re d ito rs o f a l l a c tiv e rec e iv e rsh ip s aggr^g0L ated $7,964,926. Dividend payments to the c re d ito rs o f a l l a c tiv e re c e iv e rsh ip s since the banking h oliday of March, 1933» aggregated $759>632,902. The Producers N ational Bank o f T u lsa, Oklahoma, in re ce iv e rsh ip Ju ly 27, 1932, the l i a b i l i t i e s o f the in s tit u t io n having th e re to fo re been assumed by another bank. The re c e iv e r was appointed fo r the purpose o f c o lle c tin g an assessment a g a in st the stockholders to cover a d e fic ie n c y in the a sse ts so ld . Disbursements during re c e iv e rs h ip , in clu d in g o ff s e t s allowed,! I aggregated $389 , 6 12 , which represented 93*4 per cent o f t o t a l l i a b i l i t i e s . The F ir s t N ational Bank o f Adams, Nebraska, in rece iv e rsh ip Septem ber 1 2 , 19 3 3 ; depositors and other c re d ito rs were paid 100 per cent p rin cip al and a p ortion o f the in t e r e s t , amounting to an a d d itio n a l dividend o f .3 per cen t. T o ta l payments to c r e d ito r s , in clu d in g o ff s e t s allow ed, aggregated $200,911. The F ir s t N ational Bank o f G reeley, Nebraska, in re c e iv e rsh ip Decem ber 30, 1929; disbursem ents, in clu din g o f f s e t s allow ed, to depositors and other c re d ito rs aggregated $139>011, which represented 44.26 per cent o f to ta l lia b ilit ie s . Unsecured depositors received dividends amounting to 23 . 9S per cent of th e ir claim s. The F ir s t N ational Bank o f Hendricks, Minnesota, in rece iv e rsh ip A p ril 1 1 , 1934, the l i a b i l i t i e s o f the in s t it u t io n having th ere to fo re been assumed by another bank. The re c e iv e r was appointed fo r the purpose o f c o lle c tin g an assessment a g a in st the stockholders to cover a d e fic ie n c y in the a s s e ts so ld . Disbursements during re c e iv e rs h ip , in clu d in g o ff s e t s allowed, aggregated $1 7 , 5 13 , which represented 28.38 per cent o f the d e f i c i t in a sse ts so ld . The Commercial N ational Bank in J e ffe rso n , Texas, in rece iv e rsh ip January 1 6 , 19345 the l i a b i l i t i e s o f the in s tit u t io n having th ere to fo re -4 The F ir s t N ational Bank o f Turkey, Texas, in rece iv e rsh ip October 22 , 1 9 3 1 ; disbursements, in clu d in g o ff s e t s allow ed, to d ep o sito rs and other c re d ito rs aggregated $76,051* which represented 56*03 per cent o f t o t a l lia b ilitie s * Unsecured d epositors received nothing, as a l l a s s e ts o f value were pledged to secured cred ito rs* The F ir s t N ational Bank o f G reen field , I l l i n o i s , in rece iv e rsh ip January 10, 1933; disbursements, in clu din g o f f s e t s allow ed, to depositors and other c re d ito rs aggregated 1327,378, which represented 68 *-42 per cent of to ta l lia b ilitie s * Unsecured depositors received dividends amounting to 65*223 per cent o f th e ir claim s. The Smith N ational Bank o f S t . Edward, Nebraska, in rece iv e rsh ip March 3, 1933; disbursem ents, in clu din g o f f s e t s allow ed, to depositors and other c re d ito rs aggregated $254 *04-6 , which represented 7 5 * 2 1 per cent of to ta l lia b i lit i e s . Unsecured depositors received dividends amounting to' 52*54 per cent o f th e ir claim s. The F ir s t N ational Bank o f Farmer, South Dakota, in re c e iv e rsh ip January 1 1 , 1932; disbursem ents, in clu din g o f f s e t s allow ed, to depositors and other c re d ito rs aggregated $47,211, which represented 70.36 per cent of to ta l lia b ilit ie s . Unsecured d ep ositors received dividends amounting to 4 4 *1 per cent o f th e ir claim s. The F ir s t N ational Bank of Wanette, Oklahoma, in rece iv e rsh ip March 21, 1930; disbursem ents, in clu din g o ff s e t s allow ed, to depositors and other c re d ito rs aggregated $206,142, which represented 49*25 per cent o f t o t a l l i a b i l i t i e s . Unsecured d epositors received dividends amounting to 27*48 per cent o f th e ir claim s. -3 - in to volun tary liq u id a tio n . The a s s e ts tru steed fo r waiving depositors proved in s u f fic ie n t to pay the claim s, and the bank was placed in re c e iv e r ship on November 9, 1933, fo r the purpose o f c o lle c tin g an assessment a ga in st shareholders to cover the d e fic ie n c y in the tru steed a s s e ts . D is bursements during re c e iv e rsh ip , in clu d in g o ffs e t s allow ed, aggregated |16 ,8 8 7, which represented 1 5 .7 8 per cent o f th e claim s o f waiving depositors. When considering the amount paid through the sa le o f a s s e ts , c re d ito rs received dividends aggregating approxim ately 67 per cent o f t h e ir d e p o sits. The Minneapolis National Bank of Minneapolis, Kansas, in receiver ship February 9,1929; disbursements, including offsets allowed, to depositors and other creditors aggregated $335,267, which represented 54*59 per cent of total liabilities. Unsecured depositors received dividends amounting to 43.08 per cent of their claims. The Broadway N ational Bank of Ghicago, I l l i n o i s , paid i t s depositors in f u l l by a sale o f i t s a sse ts to another bank. The bank was placed i n rec e iv e rsh ip September 7 , 1932, in order to enforce an assessment again st stockholders to cover a d e fic ie n c y in the a sse ts so ld . Disbursements during re c e iv e rsh ip , in clu din g o f f s e t s allow ed, aggregated $6 , 4 6 1 . 00 , which represents 100 per cent o f the d e f i c i t in a s s e ts so ld . The First National Bank of Beggs, Oklahoma, in receivership July 9, 1931; disbursements, including offsets allowed, to depositors and other creditors aggregated $138,431* which represented 80.96 per cent of total liabilities. Unsecured depositors received dividends amounting to 62.67 per cent o f t h e ir claim s. -2 other c re d ito rs , aggregated $201,882, which represented 68 . 4-1 per cent o f to ta l lia b ilit ie s . Unsecured d ep ositors received dividends amounting to 66.73 per cent o f th e ir claim s. The F ir s t N ational Bank of S p r in g fie ld , Oregon, in rece iv e rsh ip October 22, 1932; d ep o sito rs and oth er c re d ito rs were paid 100 per cent p rin c ip a l and a portion of the in t e r e s t , amounting to an a d d itio n a l dividend o f 2.2$ per cen t. T o ta l payments to c r e d ito r s , in clu d in g o ff s e t s allow ed, aggregated $10 6 , 6^6 . The A sto ria N ational Bank of A s to ria , Oregon, in re ce iv e rsh ip February 24-, 1928; disbursem ents, in clu d in g o ff s e t s allow ed, to depositors and other c r e d ito r s , aggregated $1 , 8 8 1 , 242 , which represented 74-*81 per cent of to ta l lia b i lit i e s . Unsecured d ep ositors received dividends amounting to 64-. 5 per cent o f t h e ir claim s . The F ir s t N ational Bank o f La Junta, Colorado, in re c e iv e rsh ip June 18, 1934-5 disbursem ents, in clu d in g o f f s e t s allow ed, to d epositors and other c re d ito rs aggregated $379,986, which represented 95*10 per cent o f t o t a l lia b ilitie s . Unsecured d ep o sito rs rece ive d dividends amounting to 94-«6$ per cent o f t h e ir claim s. The F ir s t N ational Bank o f B agley, Iowa, in re c e iv e rsh ip J u ly 3, 1931; disbursem ents, in clu din g o ff s e t s allow ed, to d ep ositors and other c re d ito rs aggregated $10 3 , 005 , which represented 6 5 .7 6 per cent o f t o t a l l i a b i l i t i e s . Unsecured depositors rece ive d dividends amounting to 55.85 per cent o f th e ir claim s• The F ir s t N ational Bank of Medford, Wisconsin, obtained waivers from i t s depositors o f 4-0 per cent o f t h e ir d eposits and so ld a s s e ts to another bank s u ff ic ie n t to pay the remainder o f i t s d ep o sits. T h erea fte r, i t went O F F IC E O F TH E C O M PTR O LLE R O F TH E C U R R EN C Y TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Press Service Monday, January 1 1 , 1937 ■f ~ 3 * / J . F. T. O’ Connor, Comptroller o f the Currency, today announced the completion o f the liq u id a tio n o f 21 rec e iv e rsh ip s during December, 1936, making a t o t a l o f 5 51 rece iv e rsh ip s f i n a l l y closed or resto red to solvency since the s o -c a lle d Banking Holiday o f March, 1933* T o ta l disbursem ents, including o ff s e t s allow ed, to d epositors and oth er c re d ito rs o f th ese 5 5 1 in s titu tio n s , ex c lu siv e o f the 4-2 rece iv e rsh ip s resto red to solven cy, aggregated $161,106,692» or an average return o f 76.4-7 per cent o f t o t a l l i a b i l i t i e s , w hile unsecured d epositors received dividends amounting to an average o f 62*37 per cent o f t h e ir claim s. The W ilshire N ational Bank o f Los Angeles, C a lifo r n ia , in re c e iv e r ship January 22, 1934-5 d ep ositors and oth er c re d ito rs were paid 100 per cent p rin c ip a l with in te r e s t in f u l l amounting to an a d d itio n a l dividend o f 12 per cent. T o ta l payments to c re d ito rs , in clu din g o f f s e t s allow ed, aggregated $369,74.5, and the stockholders received $14,786, to geth er with the a ssets remaining u n co llected . The A rlington N ational Bank o f A rlin g to n , Oregon, in rece iv e rsh ip January 19 , 1933; depositors and other c re d ito rs were paid 100 per cent principal with in te r e s t in f u l l amounting to an a d d itio n a l dividend o f 12 per cent. payments to c r e d ito r s , in clu d in g o ff s e t s allow ed, aggregated $12 9 , 4-09 ? and the stockholders received $4-,004-, to geth er with the a s s e ts remaining uncol le c te d . The F ir s t N ational Bank of Iowa F a lls , Iowa, in re c e iv e rsh ip Decem ber 27, 19325 disbursements, includin g o ff s e t s allow ed, to d ep o sito rs and Totw W >' — TREASURY DEPARTMENT ” Washington FOR RELEASE, MORNING NEWSPAPERS, Monday, Ja n u a ry 11, 1937.___________ 1-8-37. Press Service No. 9-34 J.F.T. O ’Connor, Comptroller of the Currency, today announced th 'vnpletion of the liquidation of 21 receiverships during December, 1936, making al of 551 receiverships finally closed or restored to solvency since the so-called Banking Holiday of March, 1933. Total disbursements, including offsets allowed,to depositors and other creditors of these 551 institutions, exclusive of the 42 receiverships restored to solvency, aggregated $161,106,692, or an average return of 76.47 per cent of total liabilities, while unsecured depositors received divi dends amounting to an average of 62.37 per cent of their claims. The Wilshire National Bank of Los Angeles, California, in receivership January 22, 1934, depositors and other creditors were paid 100 per cent principal with interest in full amounting to an additional dividend of 12 per cent. Total payments to creditors, including offsets allowed, aggregated $369,745, and the stockholders received $14,786, together with the assets remaining uncollected. The Arlington National Bank of Arlington, Oregon, in receivership January 19, 1933; depositors and other creditors were paid 100 per cent principal with interest Iin full amounting to an additional dividend of 12 per cent. Total payments to Icreditors, including offsets allowed, aggregated $129,409, and the stockh I received $4,004, together with the assets remaining uncollected. The First National Bank of Iowa Falls, Iowa, in receiver snip December 27, 1932; I disbursements, including offsets allowed, to depositors and other creditors, aggrer? I gated $201,882, which represented 68.41 per cent of total liabilities. Unsecured ■ depositors received dividends amounting to 66,73 per cent of their claims. The First National Bank of Springfield, Oregon, in receivership October 22, 1 1932; depositors and other creditors were paid 100 per cent principal and a portion I the interest, amounting to an additional dividend of 2,25 per cent. ■ ®ents to creditors, including offsets allowed, aggregated $106,646. Total pay- - 2- The Astoria National Bank of Astoria, Oregon, in receivership February 24, 1928; disbursements, including offsets allowed, to depositors and other creditors, aggregated $1,881,242, v/hich represented 74.81 per cent of total liabilities. Un secured depositors received dividends amounting to 64.5 per cent of their claims. The First National Bank of La Junta, Colorado, in receivership June 18, 1934; disbursements, including offsets allowed, to depositors and other creditors aggrega ted $379,986, which represented 95.10 per cent of total liabilities. Unsecured depositors received dividends amounting to 94.65 per cent of their claims. The First National Bank of Bagley, Iowa, in receivership July 3, 1931; disburse ments, including offsets allowed, to depositors and other creditors aggregated $103,005, which represented 65.76 per cent of total liabilities. Unsecured deposit ors received dividends amounting to 55.85 per cent of their claims.. The First National Bank of Medford, Wisconsin, obtained waivers from its depositors of 40 per cent of their deposits and sold assets to another bank suffi cient to pay the remainder of its deposits. liquidation. Thereafter, it went into voluntary The assets trusteed for waiving depositors proved insufficient to pay the claims, and the bank was placed in receivership on November 9, 1933, for the. purpose of collecting an assessment against shareholders to cover the deficiency in the trusteed assets. Disbursements during receivership, including offsets allowed, aggregated $16,887, which represented 15.78 per cent of the claims of waiving depositors. When considering the amount paid through the sale of assets, creditors received dividends aggregating approximately 67 per cent of their deposit? The Minneapolis National Bank of Minneapolis, Kansas, in receivership February 9, 1929; disbursements, including offsets allowed, to depositors and other credit ors aggregated $335,267, which represented 54.59 per cent of total liabilities. Unsecured depositors received dividends amounting to 43.08 per cent of their claims. The Broadway National Bank of Chicago, Illinois, paid its depositors in full by a sale of its assets to another bank. The bank was placed in receivership September 7, 1932, in order to enforce an assessment against stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including -3offsets allowed, aggregated $6,461.00, which represents 100 per cent of the deficit in assets sold. The First National Bank of Beggs/Oklahoma, in receivership July 9, 1931; dis bursements, including offsets allowed, to depositors and other creditors aggregated $138,431, which represented 80.96 per cent of total liabilities. Unsecured deposit- ors received dividends amounting to 62.67 per cent of their claims. The First National Bank of Turkey, Texas, in receivership October 22, 1931; dis bursements, including offsets allowed, to depositors and other creditors aggregated $76,051, which represented 56.03 per cent of total liabilities. Unsecured depositor; received nothing, as all assets of value were pledged to secured creditors. The First National Bank of Greenfield, Illinois, in receivership January 10, 1933; disbursements, including offsets allowed, to depositors and other creditors aggregated $327,378, which represented 68.42 per cent of total liabilities. Unse cured depositors received dividends .amounting to 65.223 per cent of their claims. The Smith National Bank of St. Edward, Nebraska, in receivership March 3, 1933| disbursements, including offsets allowed, to depositors and other creditors aggrega ted $254,046, which represented 75.21 per cent of total liabilities. Unsecured de positors received dividends amounting to 52.54 per cent of their claims. The First National Bank of Farmer, South Dakota, in receivership January 11, 1932; disbursements, including offsets allowed, to depositors and other creditors aggregated $47,211, which represented 70.36 per cent of total liabilities, Unse cured depositors received dividends amounting to 44.1 per cent of their claims. The First National Bank of Janette, Oklahoma, in receivership March 21, 1930; disbursements, including offsets allowed, to depositors and other creditors aggrega ted $206,142, which represented 49.25 per cent of total liabilities. Unsecured depositors received dividends amounting to 27.48 per cent of their claims. The Producers National Bank of Tulsa, Oklahoma, in receivership July 27, 1932, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $389,612, which represented 93*4 per cent of total liabilities. The First National Bank of Adams, Nebraska, in receivership Septem ber 12, 1933; depositors and other creditors were paid 100 per cent principal and a portion of the interest, amounting to an additional dividend of .3 per cent. Total payments to creditors, including offsets allowed, aggregated $200,911. The First National Bank of Greeley, Nebraska, in receivership Decem ber 30, 1929; disbursements, including offsets allowed, to depositors and other creditors aggregated $139,011, which represented 44.26 per cent of total liabilities. Unsecured depositors received dividends amounting to 23.98 per cent of their claims. The First National Bank of Hendricks, Minnesota, in receivership April 11, 1934, the liabilities of the institution having theretofore been assumed by another bank. The receiver was appointed for the purpose of collecting an assessment against the stockholders to cover a deficiency in the assets sold. Disbursements during receivership, including offsets allowed, aggregated $17,513, which represented 28.38 per cent of the deficit in assets sold. The Commercial National Bank in Jefferson, Texas, in receivership January 16, 1934; the liabilities of the institution having theretofore been assumed by another bank. The receiver wa.s appointed for the pur— «5pose of collecting an assessment against the stockholders to cover a de ficiency in the assets sold. The creditor hank, from dividends and other sources, received 100 per cent together with interest in full, amounting to .12.98 per cent. Disbursements during receivership, including offsets allowed aggregated $11,401, and the stockholders received nothing. Dividend payments during December, 1936, by all receivers of insol vent national banks to the creditors of all active receiverships aggrer gated $7,964,926. Dividend; payments to the creditors of all active receiverships since the banking holiday of March, 1933, aggregated $759,632,902. INSOLVENT NATIONAL BANKS LIQUIDATED AND EINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTH _____ OE DECEMBER, 19 36 .________________ _ Date of F a ilu re : T o ta l D ishursements Including O ffse ts Allowed: W ilshire N ational Bank, Los Angeles, Cal i f . 1 / 1-22-34 $ 36 9 , 7 ^5.00 12 9 ,^ 09.00 A rlin gton N ational Bank, A rlin gto n , Ore. 1-19-33 201,382.00 12 - 27-32 F ir s t N ational Bank, Iowa F a lls , Iowa 106,646.00 F ir s t N ational Bank, S p rin g fie ld , Ore. 10 - 22-32 ,881,242.00 2-24-28 1 A s to ria N ational Bank, A sto ria , Ore. * F ir s t N ational Bank, La Junta, Colo, i f F ir s t N ational Bank, B agley, Iowa Minneapolis N a t 'l Bank, Minneapolis, Kans. F ir s t N ational Bank, Beggs, Okla. F ir s t N ational Bank, Turkey, Texas 2/ Per Cent T otal D ishursements To T otal L ia b ilitie s : 10 3.8 5 10 5 .4 68.41 10 1.4 5 Per Cent Dividends Ded a r e d To A ll Claimants: 112 . 112 * 66.73 10 2;25 74.81 64.5 94.65 55.25 4 3 . 0s 62 ; 67 - 0- 6-18-34 7-3-31 2-9-29 7-9-31 IO-22 - 3 I 379,926.00 10 3 , 005.00 335,267.00 138,431.00 7 6 , 051.0 0 95.10 65.76 5^.59 s o . 96 1 - 10-33 68.42 75.21 70 .36 4 9 .2 5 100.06 65.223 52.5^ 44 ; 1 27.48 100.3 4 4 .2 6 23. 9s F ir s t N ational Bank, G reen field , 1 1 1 . Smith N ational Bank, S t . Edward, Nebr. The F ir s t N ational Bank, Farmer, S. D. F ir s t N ational Bank, Wanette, Okla. F ir s t N ational Bank, Adams, Nebr. 1J 9-12-33 327,372.00 254,046.00 47,211.00 206 , 142.00 200 , 9 11.0 0 F ir s t N ational Bank, G reeley, Nebraska 12 - 30-29 13 9 , 0 11.0 0 3-3-33 1 — 1 1 -3 2 3 - 21-30 56.03 if Formerly in Conservatorship. 2/ As a l l a sse ts having value were pledged to secured c re d ito rs unsecured c re d ito rs rece ive d nothing. »STOCK ASSESSMENT TRUSTS » INSOLVENT EAT IDEAL BARKS M E R E RECEIVERS WERE APPOINTED PRIMARILY TO COLLECT AIT ASSESSMENT UPON SHAREHOLDERS TO COVER A LEE ICIE IN ASSETS SOLE, M I C H WERE FINALLY CLOSER LURING THE MONTH OF DECEMBER, I$3b> Date of Failure: The The The The The First National Bank of Medford, Wis. *** Broadway National Bank of Chicago, 111.** Producers National B phk of Tulsa,, Ckla. * First Rational Bank of Hendricks, Minn. * Commercial Nat’l Bank in Jefferson,Tex. * * Total Dis bursements Including Off sets Allowed: 11-3-33 16 ,337. 9-7-32 7-27-32 '4- I I - 3U 1- 16- 3*4 6,*4bl. 3 S9 ,6l2 . 17 »5i3.* 11, *401. Per Cent Total Dis bursements To Total Liabilities: I5.73 100 . 93 > 23.33 100.2*4 Per Cent Dividends Declared To All Claimants 15.6 - 0- 63.206 9.509 112 .9 s Depositors and creditors of record were paid in full by assumption of liabilities by anotner bcnk. Re ceivership for purpose of collecting assessment upon stockholders to enable payment of uexicit in assets sold. ** — Depositors and creditors of record were paid in full by assumption of liabilities by anotner bank, ¿¡.e— ceivership for purpose of collecting assessment upon stockholders to enable payment of deficit^in assets sold. Contention arose as to amount of claim of creditor Dank and same was settled oy compromise re sulting in no dividends being declared. ***— Bank obtained waivers of HO70 from depositors and sold sufficient assets to pay remaining 60¿0 of deposits. Residue of assets we re trusteed for waiving creditors but proved insufficient to pay them in full and a Receiver was appointed to collect an assessment upon stockholders^ which. enaoled a return to creditors of 15.78^ of the ¿40^ Creditors actually received approximately 6775 of their original deposits. marble entrance at the front of the building is^J^e^-dTr^cription "United States Depository” V ■sèment» Office, Deparr the Chief Clerk in Charge and of the Captain oj S*d>4^ G ' ii>.^eit^hiy^hTf' SSice lobby. jrr-* L^Jn^' -UtM. A%^W*e^r)Sasps*€ff {he building i» m m tecr entrancelffor the reception ^pj2^p;x.-ti^kgL_.fQ T J 3 r e - s : " o ^ . Outside the building, but connected with it by passages from the basement of the Depository, are four guard boxes, one at each corner of the building. A driveway encircles the building. marks the boundaries of the site. A steel fence The driveway leads through an entrance gate, down a newly constructed road to the Dixie Highway» Sentry boxes, similar to the guard boxes at the corners of the Depository, are situated at the entrance gate. j ■ ' An auftemat-ie ' > ^ e e % r ± t r ^ i g E a I - .S mir&3^^liu5' n>o.'■o^ipmeirt^Iiave'1^een insTaXlre, 3r'"SOffi’ Or n g“''1ihe mechanical safeguards ilTfhe ' " ' b u i i d i n g T ^ A r m y -nn^t gives a^ftiona.1 nrataaUaa.^ -Thf ( ..... |j D>bposht h ^ is^^uiiopP^-wl^^-it&.gQwn,,-:emergeay^#ower plant, water system]; pud other faci Tjit ; The Chief-Clerk-in-Charge, Russell T. Van Horne, is an officer of many years experience in the field service of the Mint. The guard force is made up of men selected from various government agencies. THE UNITED STATES DEPOSITORY FORT KNOX, KENTUCKY December 29\ 1936 At Fort Knox, Kentucky, approximately 30 miles southwest 0#^ ar^ 105 by 121 feebr Its height is 42 feet above the first floor levejL. the Treasury Department and upon its completion was turned over to the Within the building is a two-level steel and concrete valliti 40 by 60 fee t ^ with’ 'four tè eh cOiripWf^ilfinf§’m"in "ffie*""sub'Tlfrf l l ^ R : ^hffd;':,-a'wl'ike number,::.in _tAe^^rounA^lovo 1. ^fo iJIBTiliff-p ^ T^ sta££»«ai The vault door weighs more than 20 tons. r'nn ^Tao/n if .ol n n ^ -, The vault casing is 25 inches cylinder.«.laced., w.ith h Q m iiiiltfiini d f f - - a 4^. . The vaul t roof A corridor encircling the vault is fitted with mirrors which give guards a constant view of the space between the two roofs. Between the corridor and the outer wall of the Depository the space is utilized for offices, store rooms and other purposes. The outer wall of the Depository is of Tennessee granite lined with concrete. Os&ep»*#*©' rpp'fi 1L OQTTP T^TTP a TjJTttrfPKrr'P J L IIM UXVV* I XJa&Xutil X Washington For Release to Morning Newspapers, ?-3r Wedne sday, Jan. 13. 1/11/37 The first gold bullion will be received (Wedne sday) this morning, at the new United States Depository at Fort Knox y Kentucky, ' The shipment was transferred from the United States Mint at Philadelphia^ by a special train which left yesterday Philadelphia (Tuesday) morning. » Ü tteass Mrs. Nellie Tayloe xloss, Director of the Mint, was in Philadelphia to arrange for the shipment. ^he bullion, in the form of gold bars of approximately 400 Troy ounces, was transferred to the Post Office department for shipment during Monday night. It was transported by truck to the train. *4ie train included cars for the -■•■**** bullion and for the personnel accompanying the shipment. Post J Office inspectors, soldiersP^aSatSecret Service men joined in yp safeguarding the shipment. At ^ort Knox the train will unload at a spur track within the army reservation and the bullion will sateau be trucked for j^short distance to the Treasury reservation in whi the United States depository is located. '(Z& SL J) aO U p-U^Z*. C~~* m m w m M Ê Æ ^«f V * >- ''¡A^sir^jL^ y M ê Ä^r ^ , iiiw sfstp 'm ^ tír n m fe W / - _, IWI ^ V(M v $ r ~ « f e ^ ® m " J & ff# R : . P ^ u , ' ¿§# fe# ^ ^ « # # 4 1 # :- CL^nn^t^f i w _ _ # ##*' ‘ í n p ip lliil Itflll ¡I§ 4 ^ * ~ 'f e ~r~ / ‘^ U o ^ - ___ 7 ^ j; f i ^/., #p 'f * - * * J, ^ f e f e f e f ^ TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS Tuesday, January 12, 1937. 1/11/37. Press Service No. 9—36 Corrected Secretary of the Treasury Morgenthau announced last evening that the tenders for $50,000,000, or thereabouts, of 273-day Treasury hills, dated January 13 and maturing October 13, 1937, which were offered on January 8, were opened at the Federal Reserve banks on January 11. The total amount applied for was $125,862,000, of which $50,022,000 was accepted. Except for two bids totaling $55,000, the accepted bids ranged in price from 99.810, equivalent to a rate of about 0.251 percent per annum, to 99.728, equivalent to a rate of about 0.359 percent per annum, on a bank discount basis. latter price was accepted. Only part of the amount bid for at the The average price of Treasury bills to be issued is 99.747 and the average rate is about 0.333 percent per annum on a bank discount basis. -oOo- TREASURY DEPARTMENT WASHINGTON FOR RELEASE, MORNING NEWSPAPERS, Tuesday. January IP. 193?, Press Serrlee _ . 1/11/37 3k Secretary of the Treasury Morgenthau announced last evening that the tenders for $50,000,000, or there«* abouts, of 273-day Treasury bills, dated January 13 and maturing October 13, 1937, which were offered on January 8, were opened at the Federal Reserve banks on January 11. The total amount applied for was $125,862,000, of which |50,022,000 was accepted. Except for two bids total ing $55,000, the accepted bids ranged in price from 99.810, equivalent to a rate of about 0.251 percent per annum, to 99.728, equivalent to a rate of about 0.359 percent per annum, on a bank discount basis. Only part of the amount bid for at the latter price was accepted. The average price of Treasury bills to be issued is 99.§47 and the average rate is about 0.333 percent per annum on a bank discount basis. TREASURY DEPARTMENT O F F IC E O F T H E S E C R E T A R Y CO M M ISSIONER OF W A S H IN G T O N A C C O U N T S A N D D EPO SITS January 13, 1937. TO MR. GASTON: During the month of Decent)er, 1936, the following market transactions took place in Government securities fear investment accounts: 'Total purchases • • • • • . . . $24,174,100 Total sales « . ...... . Net purchases: -©$24,174,$00 TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Friday, January 15, 1937, Press Service No* 9-37 Net market purchases of Government securities for Treasury investment accounts for the calendar month of December, 1936, amounted to $24,174,100, Secretary Morgenthau announced today. ooOoo TRtASTJRY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Tuesday.. January 19. 193?.---1/18/37 Press Serriee ft ^ 2 Q / ° 1 Secretary of the Treasury Horgenthau announced last eyening that the tenders for #50,000,000, or thereabouts, of 273-day Treasury bills, dated January 20 and maturing October 20, 1937, which were offered on January 15, were opened at the Federal Reserve banks on January 18. The total amount applied for was #124,392,000, of 01 which $50,019,000 was accepted* The accepted bids ranged in price from 99*810, equivalent to a rate of about 0*251 percent per annum, to 99*721, equivalent to a rate of about 0*368 percent per annum, on a bank discount basis. Only part of the amount bid for at the latter price was accepted* The average price of Treasury bills to be issued is 99*738 and the average rate is about 0*345 percent per annua on a bank discount basis* TREASURY DEPARTMENT Washington DOR RELEASE, MORNING NEWSPAPERS, Tuesclav. January 19. 1937.______ 1-18-37. Secretary of the Press Service ^°*' 9-*38 Treasury Morgenthau announced last evening that the tenders for $50,000,000, or thereabouts, of 273-day Treasury bills, dated January 20 and maturing October 20, 1937, which were offered on January 15, were opened at the Eederal Reserve banks on January 18. The-total amount applied for was $124,392,000, of which $50,015,000 was accepted. The accepted bids ranged in price from 99.810, equivalent to a rate of about 0.251 percent per annum, to 99.721, equivalent to a rate of about 0.368 percent per annum, on a bank discount basis. part of the amount bid for at the latter price was accepted. Only The average price of Treasury bills to be issued is 99.738 and the average rate is about 0.345 percent per annum on a bank discount basis.. ooOoo January 21, 1937 given to the press on Jan (1 v e s s e ls Surgeo (2) by the Chief That a l l 1 d e ta ils of the operation of the plan and cop ied o f the o f f i c i a l p u b lica tio n s may he secured from the C hief Quarantine O ffic e r , United S tates Quarantine S ta tio n , Rosebank, Staten Islan d , New York. Vessels eligible for radio pratique are to apply by radio through their New York agent s to Dr, C. V „ Akin, Chief Quarnatine Officer at New Jfork, not more than twenty-four hours nor less than twelve hours|f before their expected arrival in New York. If the application is approved the Chief Quarnatine Officer will replay by radio, through the agents for the vessel. ■he new practise is expected to vessels taking advantage of it from one hour to two hour’s tinier g In a statement to owners, agents and masters the Jhiblic Health Service says: "As the permanency of the system of radio pratique wil depend entirely upon the effectiveness and continuity of health protection furnished the Port,of New York, the success of the undertaking rests principally on the shouldérs of the ships’ phys icians who vo/t^h for the vessels, their passengers and crews. ihe responsibility of the ship’s phusician is great. &e should be well prepared to discharge this obligation, asesar The Public Health Service if the new system proves xEE&ptx e ffe c t iv e holds out the hope that ] ^ it will be extended, ¡ stating: "It is not improbable that as world health conditions improve the Surgeon General will authorize tihe addition of new/ port groups.” ## igible vesBel be grant radio pratique^ J It has visited no foreign port known or suspected of being infected with a quarantined!e dises.se within,60 days of the proximal voyage. It has no commercial shipments of bird,s of the parro family on board, It is maintained in a relatively rat-free condition. It is maintained at all times in a clean and sanitary condition. It has no apureciahle amount of rat attractive” or "rat harboring" cargo on board. No case of quadrantinable disease has occurred on boai during the 60 days preceding the date of abbival at New York on the proximal voyage, and there is no case of known or suspected quarantinable disease on board at the time the vessel applies for radio pratique. ioue is 03£ " n e h o u r to two hours of the tin^ptfrf -p •P *<H; Secret ary of he approval of the ; iv announced Treasury, Jr. i-homes Parr an, Surgeon G-e:au röl,, today a syst em of installation, effect ive February 1, of : pratique at ti:ie Port of hew York. Under this system passenger vessels in certai BhijlVs) classificati uns 5 w ith certiÎied ; yfe' y re<iio„ without the nec ess IW — IH I fo l'IM li.V flï.JS » mi A ■3 United States <Guar ant uxi( • inspection a,tu - fh 3 täten J-si and, "e™ vione. e passenger vessels eligible ‘or radio p: Those in i*egui a.r serviee be tve.en hew York <n< European ports. Those in i*e "ul ar service be tv/een the Hast and t Coasts of the "United J tà tss via the Pane iita. Cana£ ^hose in i•e-’ular service betw een Hew York and the Ian? Those in regier I vice between w .. it Indies, or those from the previously s p e c i e lea reared in seasonal cruises to Bermuda or the gffggg iöiiPP3*5^ jdra I .a.*&*' iÆîmiP-^tjÊT-Æ 0 a HCT passenger vessel is defined as one operated on a regular schedule on a fixed itinerary for the principal pu of carrying passengers and with the baggage and belongings of passengers as its principal items of car^o. TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Friday, January 22, 1937,______ 1-21-37 Press Service No. 9-39 With the approval of the Secretary of the Treasury, Dr. Thomas Parran, Surgeon General, today.’.announced installation, effective February 1, of a system of radio pratique at the Port of New York. Under this system passenger vessels in certain classifications, with certified ships1 physicians, may obtain by radio permission to enter the port of New York without the necessity of stopping for inspection at the United States Quarantine Anchorage, Rosebank, Staten Island, New York. The passenger vessels eligible for radio pratique are: Those in regular service between New York and European ports. Those in regular service between the East and West Coasts of theUnited States via the Panama Canal. Those in regular service between New York and the Panama Canal. Those in regular service between New York and Bermuda or the West Indies, or thtse from the previously specified regular services engaged in seasonal cruises to Bermuda or the West Indies. A passenger vessel is defined as one operated on a regular schedule on a fixed itinerary for the principal purpose of carrying passengers and with the baggage and belongings of passengers as its principal items of cargo. An eligible vessel to be granted radio pratique must certify as follows: It has visited no foreign port known or suspected of being infected with a quarantinable disease within 60 days of the proximal voyage. It has no commercial shipments of birds of the parrot family on board. It is maintained in a relatively rat-free condition. It is maintained at all times in a clean and sanitary condition. It has no appreciable amount of nrat attractive11 or r,rat harboring11 cargo on board, -2— No case of quarantinable disease has occurred on board during the 60 days preceding the date of arrive at New York on the proximal voyage, and there is no case of known or suspected quarantinable disease on board at the time the vessel applies for radio pratique. Vessels eligible for radio pratique are to apply by radio through their New York agents to Dr.O.V. Akin, Chief Quarantine Officer at New York, not more than twenty-four hours nor less than twelve hours before their expected arrival in New York, If the application is approved the Chief Quarantine Officer will reply by radio, through the agents for the vessel. The new practice is expected to save vessels taking advantage of it from one hour to two hourTs time in reaching the Dock at New York. In a statement to owners, agents and masters the Public Health Service says: "As the permanency of the system of radio pratique will depend entirely upon the effectiveness and continuity of health protection furnished the Port of New York, the success of the undertaking rests principally on the shoulders of the ships1 physicians who vouch for the vessels, their passengers and crews. The responsibility of the ship1s physician is great. He should be well prepared to discharge this obligation." The Public Health Service holds out the hope that if the new system proves effective it will be extended, stating: "It is not improbable that as world health conditions improve the Surgeon General will authorize the addition of new port groups." 00O 00 Pull details of the operation of the plan and copies of the official publications may be secured from the Chief Quarantine Officer, United States Quarantine Statio: Rosebahk, Staten Island, New York, Copies may also be obtained at Room 289, Treasury Building, Washington, D.C, (T . D. 4726) 1 TAX ON EMPLOYERS OF EIGHT OR MORE TITLE IX OF THE SOCIAL SECURITY ACT ^ te n s io n o f Time fo r F ilin g Returns and Paying Tax TREASURY DEPARTMENT O ffic e o f Commissioner o f In tern a l Revenue Washington, D. C. COLLECTORS OF INTEHNAL REVENUE AND OTHERS CONCERNED: An extension o f time u n t i l A p ril 1 , 1937 i s hereby granted f o r the f i l i n g o f returns and paying the ta x under T i t le IX o f The S o c ia l S e c u rity A c t, fo r the calendar year 1936* Taxpayers who take advantage o f t h is extension o f time w i l l not be required to f i l e te n ta tiv e returns and w i l l not be charged w ith in t e r e s t , provided the ta x , o r the f i r s t in stallm en t th ereof i f th e taxpayer e le c t s to pay the ta x in in sta llm e n ts, i s paid on o r before A p ril 1 , 1937» I f the t a x , o r the f i r s t in stallm en t th e re o f, i s not paid on o r before A p r il 1 , 1937, in te r e s t w i l l be charged a t the ra te o f 6 p er cent p er annum from A p r il 1 , 1937 u n t il the ta x , or the f i r s t in stallm en t th e re o f, as the case may be, is paid« This Treasury D ecision i s issued under the a u th o rity prescribed by se c tio n 908 and sectio n 905 o f the S o c ia l S e c u rity Act« ( Signed) Guy T* Helve rin g , Commissioner of In tern a l Revenue« Approved: Jan« 2 1, 1937 (Signed) Wayne C« T a y lo r, A cting S e creta ry o f the Treasury. HHB/oel-1 January 18, 1937. A Treasury decision was approved today by the Secretary of the Treasury extending for 60 days the •time for the first quarterly payment of taxes under Title IX of the Social Security Act, applying to employers of eight or more persons, First payments of these faxes were due January 31, 1937, for the calendar year 1936« Under the Treasury decision approved today payment may be made up to and including ^pril 1 without the assessment of interest. The dates set for succeeding quarterly payments are left unchanged by the terms of todayTs action. The Treasury decision does not affect the payment of taxes under Title VIII, iftKXfcxtxxxxxxsqi^yi^xK^TaKjfciyxtaj K 2£|SXx (taxes, upon employer and employe), these taxes being payable on a monthly basis. Following is the text of the Treasury Decision issued today; % TREASURY DEPARTIJENT Washington FOR IMMEDIATE RELEASE Thursday, January 31, 1937« A Press Service No. 9-40 ’ Treasury Decision was approved today hy the Secretary of the Treasury extending for 60 days the time for the first quarterly payment of taxes under Title IX of the Social Security Act, applying to employers of eight; or more pers ons. First payments of these taxes were due January 31, 1937, for the calendar year 1936«. Under the Treasury Decision approved today payment may he made up to and including April 1 without the assessment of interest. The dates set for succeeding quarterly payments are left unchanged hy the terms of today’s action. The Treasury Decision does not affect the payment of taxes under Title VIII, (taxes upon employer and employe), these taxes being payable on a monthly basis. Following is the text of the Treasury Decision issued today: — 2 — (T.D. 4726) TAX ON EMPLOYERS OF EIGHT OR MORE TITLE IX OF THE SOCIAL SECURITY ACT Extension of Time for Filing Returns and Paying Tax TREASURY DEPARTMENT Office of Commissioner of Internal Revenue Washington, D.C, COLLECTORS OF INTERNAL REVENUE AND OTHERS CONCERNED: An extension of time until April 1, 1937 is hereby granted for the filing of returns and paying the tax under Title IX of The Social Security Act, for the cal endar year 1936. Taxpayers who take advantage of this extension of time will not be required to file tentative returns and m i l not be charged with interest, provided the tax, or the first installment thereof if the taxpayer elects to pay the tax in install ments, is paid on or before April 1, 1937« If the tax, or the first installment thereof, is not paid on or before April 1, 1937, interest will be charged at the rate of 6 per cent per annum from April 1, 1937 until the tax, or the first in stallment thereof, as the case may be, is paid. This Treasury Decision is issued under the authority prescribed by section 908 and section 905 of the Social Security Act. (Signed) Guy T. Helvering Commissioner of Internal Revenue m & «» on taxatio n * th e la t e s t bein g "Taxable Inocm ** published i n 1936* I s married i n 1018 Katherine B iggin s o f Chisago* a f a llo ir stu d en t in the TJhiversity o f Chicago Law S ch ool, who has a ls o boon ads&tied t o p ra c tic e * S. They have two ch ild ren * Catherine* 11* and Hugh S tew a rt, Roswell U agill# whose nomination by th e President t o be Tfeder S ecreta ry o f th e Treasury has boon ©out t o th© Senate# baa in th e p a st served th e Treasury Bepartaaaut f o r two extended period© as a s p e c ia l con su ltan t on t a x l e g i s l a t i o n and o th er t a x m atters* From July# 1923# t o September, 1924# he was engaged a s s p e c ia l a tto rn e y and a© c h ie f atto rn ey i n connection w ith con sideration of th e Revenue A ct o f 1924 and in th e p rep a ra tio n o f re g u la tio n s under t h a t A ct* In Rovesaber# 1933# he was appointed as an a s s is ta n t t o th e S e creta ry o f the Treasury on m atters o f t a x le g is la t io n and i n t h a t c a p a c ity represented th e S e c re ta ry i n hearings b efore committees o f Congress having under con sideration th e Revenue A ct o f 1934* F ollow in g th a t se ssio n o f Congress he p a rtic ip a te d i n a study o f the B r itis h ta x system fo r the Treasury Doparteont and th e J o in t C co n ittee on In te rn a l Revenue Taxation# Xbr* M a g ill i s 41 years o ld and a n a tiv e o f I l l i n o i s * Be m s graduated from Dartmouth C o llege in 1916 sad from t h e law school o f the U n iv e rsity o f Chicago w ith the degree o f Doctor o f Jurisprudence in 1920* T h erea fte r he taught i n th e U n iv e rsity o f Chicago leer School f o r two years and e sta b lish e d a few p r a c tic e i n Chicago which he continued u n t il 1926* Be became a member o f th e law f a c u lt y o f Columbia Ifeiversity# Row Yoik# In 1924 and has been p ro fe sso r o f few th ere sin ce 1927# tea ch in g courses i n ta x a tio n and c i v i l procedure* Be has a ls o been a consul ta n t on ta x a tio n t o Row York lew l i r a s and has w r itte n a number o f books - 2- On December 31, 1936, th ere were pending in Agents* o f f ic e s hut 21,617 o f the 1934 retu rn s, p r a c t ic a lly a l l o f which had been examined and were continued under con sid eratio n u s u a lly hut fo r the purpose o f obtain in g agreements in the f i e l d . On Ju ly 1 , 1936, we commenced examination o f the 1935 return s, three and one—h a lf months a f t e r the l a s t f i l i n g date on March 15, 1936. By December 31, 1936, the agents had handled approxim ately 400,000 o f these 1935 retu rn s, le a v in g approxim ately 357,000 to be examined by June 30, 1937, a t which time we w i l l begin the work upon the 1936 returns f i l e d on or before March 15 , 1937. This^ means th at the f i e l d work o f the Income Tax Unit i s curren t, since i t i s not p o ssib le to do the thin gs th at have to be done in Wash ington to e s ta b lis h s t a t i s t i c s and con trol o f the retu rn s w ith in a sh orter period . TREASURY DEPARTMENT W A S H IN G T O N OFFICE OF COMMISSIONER OF INTERNAL REVENUE January 2 2 , 1957 A D D R E S S R E P LY TO C O M M IS S IO N E R O F IN T E R N A L R E V E N U E A N D R E F E R TO Memorandum for Secretary Morgenthau: During that portion of the fiscal year 1936 available fol lowing your suggestion on or about November 8, 1935 that more prompt investigations be made of income tax cases, the field forces of the Income Tax Unit, except in occasional instances where taxpayers requested delayed action, completed all contacts essential to the investigation of returns filed on or before March 15, 1936 for the calendar year 1934. Within the space of seven and one-half months the field forces completed a task to which usually a full year is allotted. During the pe riod from March 15 to July 1, 1936 the work of obtaining statistics, preparing control records, and select ing the 1935 returns for reference to the field was accelerated to accomplish the service to the field forces of a sufficient number of returns filed on or before March 15, 1936 for the calendar year 1935 to permit the beginning of 1935 examinations, a period approximately three and one-half months after the last date upon which the returns were due to be filed. Our field forces have available a full year (which is the limit of time available for work upon any one year) within which to do the work essential upon the 1935 returns, and of course, in subsequent years, a full year1 s time will be available for work upon each tax year. Through this effort, the field work has been advanced a full six months and benefit has resulted, we think without too much sacrifice of the 1934 job, both to the taxpayers and the Service as a consequence of the ability to engage in the examinations at a time when records are more available than has been true in past years when the work commenced a full six months later. The balance of 1934 returns remaining in the field as of July 1, 1936 was 101,298. In practically all of these cases the field examination work had been concluded and they were retained usually in an effort to negotiate agreements and settlements. A less substantial balance of the 1935 returns will remain in the field as of July 1, 1937 inasmuch as the field divisions will have had the usual full twelve months within which to work upon the returns. S f i e l d o f f ic e s w i ll begin work upon 1956 retu rn s, f i l e d up to March 15 , 1957. Since i t is not p o ssib le to expedite fu rth e r the work th a t must be done in Washington, b efo re the returns are sent to the f i e l d , the work may be regarded as current under the new schedule, Commissioner H elvering ex p lained . (J ( With in v e s tig a tio n of income ta x returns now begun approxim ately three and on e-h alf months from the March 15 f in a l f i l i n g d ate, a f u l l s ix months ahead o f the schedule p revio u sly m aintained, tt rk o f th e Income Tax Unit i s now l i s t e d as "cu rre n t", Guy T. H elverin g, Commissioner o f In tern al Revenue, reported today. Beginning In November, 1955, arrangements were made fo r the more expe d itio u s handling of retu rn s, the Commissioner explained. F ie ld fo rc e s of the Income Tax Unit compressed in to the seven and on e-half months ending July 1 , 1956, the in v e stig a tio n s of returns f o r the calendar y e a r 1954, with the ex cep tio n of cases in which delay had been requested by the taxpayers. During the period from March 15 to July 1 , 1956, the o f f ic e work o f obtaining s t a t i s t i c s , preparing co n tro l records and s e le c tio n o f the 1935 returns fo r referen ce to f i e l d fo rc e s was s im ila rly a c c e le ra te d . As a re s u lt f i e l d fo rc e s had s u f f ic ie n t returns on the l a t t e r date to begin th e ir in v e s t i gations of 1935 re tu rn s. In subsequent years a f u l l tw elve months w i l l be a v a ila b le fo r work upon each ta x y e a r. As o f July 1 , 1936, there were 101,298 returns o f 1934 remaining in the f i e l d . In v i r t u a lly a l l of th ese ca ses, however, f i e l d examination work had been concluded, retu rns being reta in ed a t f i e l d o f f ic e s fo r n eg o tia tio n o f agreements and settlem en ts. to 2 1,6 17 . On December 51, 1936, t h is number had been reduced In fu tu re y e a rs, with a f u l l twelve-months period a v a ila b le fo r examination the carry-o ver is expected to be reduced fu rth e r. On July 1 , 1936, f i e l d fo rc e s commenced examination of 1935 retu rn s and. by December 31, 1936, agents had handled approximately 400,000 of th ese returns, lea vin g approxim ately 357,000 to be examined by July 1 , 1937, a t which time - z - f i e l d office® w i l l begin work upon 1926 retu rn s, f i l e d up to March 16 , 1957* Since i t i s not p ossib le to expedite fu rth e r th e work th a t must be done in Washington, before the returns are sent to the f i e l d , the work m y be regarded as current under the new schedule, Coiamissioner H elvering ex«* p lain ed . **000«- With in v e s tig a tio n of income ta x returns now begun approximately three and o n e-h alf months from the March 15 f in a l f i l i n g d ate, a f u l l s ix months ahead o f the schedule p revio u sly maintained, the work o f the Income Tax Unit i s now l i s t e d as »current®, Guy T. H elverin g, Commissioner o f In tern al Revenue, reported today * Beginning in November, 1955, arrangements were made fo r the more expe d itio u s handling of retu rn s, the Commissioner explained# F ie ld fo rc e s of the Income Tax Unit compressed in to the seven and o n e-h alf months ending July 1 , 1356, the in v e stig a tio n s o f returns f o r the calendar y e a r 1954, with the ex cep tio n of cases in which delay had been requested by the taxpayers* During the period from Islarch 15 to July 1 , 1336, the o f f ic e work o f obtaining s t a t i s t i c s , preparing co n tro l records and s e le c tio n o f the 1935 returns fo r referen ce to f i e l d fo rc e s was s im ila rly a c c e le ra te d . As a re s u lt f i e l d fo rc e s had s u ff ic ie n t retu rn s on the l a t t e r date to begin t h e ir in v e s t i gations o f 1955 re tu rn s. In subsequent ye a rs a f u l l tw elve months w i l l be a v a ila b le fo r work upon each tax y e a r. As o f July 1 , 1936, there were 101,298 returns o f 1934 remaining in the f i e l d . In v i r t u a lly a l l of th ese ca ses, however, f i e l d examination work had been concluded, retu rn s being reta in ed a t f i e l d o f f ic e s fo r n eg o tia tio n o f agreements and settlem ents* to 21,617V On December 31, 1936, t h is number had been reduced In fu tu re y e a r s , with a f u l l twelve-months period a v a ila b le fo r examination the ca rry-o ver i s expected to be reduced fu r th e r . On July 1 , 1336, f i e l d fo rc e s commenced examination o f 1955 retu rn s and by December 5 1, 1936, agents had handled approximately 400,000 of th ese retu rn s, lea vin g approxim ately 557,000 to be examined by July 1 , 195?, a t which time set t l e m e n t s . On December 31, 1936, this numb e r had been In future years, with a full twelve-monthi reduced-to £1,617. period available for examination the carry-over is expected to h |On duly 1, 1936, field forces commenced examination of De 1935 returns and by December 31, 1936, agents had handled approximately 400,000 of these returns, leaving approximately July 1, field offices 357,000 to be examined by :tarax8&, 1937, at v h i e h time xjaxk will beginjUpon 1936 r e t u r n s , fi Jkd up,to m&rch 15 , 1937. 3 in.ee it is noM^possible to ¿sxx&tax expedite furth wor k that must be done to the field, new schedule, in Washington, before the work m ay be regaided as current under the Commissioner Eelvering explained. ¿¿nil trirtr ■ewe 'the returns are sei I ¡111 S xaaS ±3M ±ÎE H lïX H fi: U ) jtL f a stigation of income tax return 3*m now begun approximately three and one-half months from the tfixxi March 15 final filing date, a full six months «r^ TV-K, v* *w5(4“ ahead of the schedule previously maintained,A Guy T. Helverine Commissioner of Internal Revenue reported today. beginning in November, 1955, arrangments were. m.* de for the more expeditious handling of returns, the C omraissione r explei ne d . XfcXfcxifchxxEXExpXlsisxssfx&xxKxxiHxxkiEfe ixx^&yxxxxkxgxxx^mxxXxatx&sixy^: Field forces of the Income iax compressed into Unit Sx x Ichx the se en and one-half months ending July 1, 1936 the investigations of returns for the calendar year 1934, with the exception of cases in which delay had been requested by the taxpayers. Curing the period from "*erch 15 to tiSEgSSEffi. July 1, 1936, the office work of obtaining statistics, preparing control records and selection the 1935 returns for reference to field forces was similarly accelerated, forces a s a result field had sufficient returns on the latter date to begin their investigations/^. /Q In subsequent years a full twelve months will be available for work upon each tax year. a s of Jiilij 1, 1936 there were 101,296 returns1 of 1934 remaining in the field. In virtually all of these cases however, field examination work had been concluded, returns be: retained at field offices for negotiation of agreements and TREASURY DEPARTMENT Washington Press Service No. 9-41 FOR' RELEASE, MORNING NEWSPAPERS Saturday, January 25, 1937« 1722737 With investigation of income tax returns now begun approximately three and one-half months from the March 15 final filing date, a full six months ahead of the schedule previously maintained, the field work of the Income Tax Unit is now listed as ’’current1’, Guy T. Helvering, Commissioner of Internal Revenue, reported today. Beginning in November, 1935, arrangements were made for the more expeditious handling of returns, the Commissioner explained. Field forces of the Income Tax Unit compressed into the seven and one-half months ending July 1, 1936, the investigations of returns for the calendar year 1934, with the exception of cases in which delay had been requested by the taxpayers. During the period from March 15 to July 1, 1936, the office work of obtain ing statistics, preparing control records and selection of the 1935 returns for reference to field forces was similarly accelerated. As a result field forces had sufficient returns on the latter date to begin their investigations of 1935 returns In subsequent years a full twelve months will be available for work upon each tax year. As of July 1, 1936, there were 101,298 returns of 1934 remaining in the field. In virtually all of these cases, however, field examination work had been concluded, returns being retained at field offices for negotiation of agreements and settlements. On December 31, 1936, this number had been reduced to 21,617. In future years, with a full twelve-months period available for examination the carry-over is expected to be reduced further. On July 1, 1936, field forces commenced examination of 1935 returns and by December 31, 1936, agents had handled approximately 400,000 of these returns, - 2 - leaving approximately 357,000 to be examined by July 1, 1937, at which time field offices will begin work upon 1936 returns, filed up to March 15, 1937, Since it is not possible to expedite further the work that must bo done in Washington, before the returns are sent to the field, the field work may be re garded as current under the now schedule, Commissioner Helvcring explained. — oOO' Sta OFFICE OF THE COMMISSIONER OF CUSTOMS January 23, 1937. MR. FUSSELL (Room 289, Treasury Department) FROM MR. FREEMAN: There are attached two tabulations for immediate release showing preliminary figures for imports of commodities under the quota provisions of the Canadian Trade Agreement, during the period from January 1 to December 31, 1936. When the release has been mimeographed, please have 55 copies forwarded to me at Room 415, Washington Building. IMPORTS OF DOUGLAS FIR AND WESTERN HEMLOCK UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT During the Period January 1 to December 3 1, 1936 (Prelim inary Figures) Customs D is t r ic t s : TOTAL IMPORTS Per Cent o f Quota FROM CANADA Alaska B u ffalo Connecticut Dakota Duluth & Superior Indiana Los Angeles Maine & N.H. Massachusetts Michigan New York P h ilad elp h ia Rhode Island S t , Lawrence San Diego San Francisco Vermont Washington Sawed Timber and Lumber Not Douglas : Western : F ir : Hemlock : (B d .F t.) : (Bd. F t* ) : 82,254,358 30,758,884 11,440 389,321 967,271 10,343,907 7,454,091 179,733 11,5 13 ,2 12 77,458 14,665,635 91,484 1 4 ,1 7 2 ,1 17 11,0 10 ,176 1,76 1,12 8 29,395 274,995 656 688,587 8,623,752 113,108 1,964,373 2,949,953 1,139,609 - 95,064 5,072 17,089,109 24,548 2,121,863 3,308,004 1,645,229 324 S p e c ia lly Provided For Mixed F ir ; T o tal F ir & Hemlock & Hemlock (Bd. F t.) (B d .F t.) 36,586,947 - - - - 36,586,947 - - - - - 89,225 213,403 - 149,600,189 59«8$£ 11,440 502,429 2,931,644 13,293,860 8,593,700 179,733 11,608,276 82,530 31,754,744 116,032 52,880,927 14,318,180 3,406,357 29,719 274,995 656 777,812 8,837,155 • IMPORTATIONS OF CATTLE, CREAM AND CERTIFIED SEED POTATOES UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT During the Period January 1 to December 3 1, 1936 (Prelim inary F igu res) a• White or I r is h Seed Potatoes' 1 •• Dec. 1,19 35 to : Dec. 1,1936 to I s Nov. 30,1936 : Dec. 31,1936 1 : (Pounds) MS (Pounds) | Dairy Cows 700 Pounds Or More (Head) Cream (G a l.) TOTAL IMPORTS Per Cent o f Quota 6,549 32.7$ 43,710 2.$$ 43,602,738 a / FROM CANADA Alaska B u ffalo Dakota Duluth & Superior F lo rid a Maine & New Hampshire Massachusetts Michigan Montana & Idaho New York S t . Lawrence Vermont V ir g in ia Washington 10 18 1 ,1 3 1 73 1 67 849 3,216 1,18 4 15 124 26 13 1 7 43,524 - ~ 106,500 92,650 180 3,619,406 3,381,510 1,826,485 300,510 i i * 28,289,564 580 210,000 5,689,353 86,000 ~I 41 • 1 - 1 - 1 - 1 91,218 1 4 j - I 322,486 I - ] - 1 • f - 6,549 43,710 43,602,738 413,704 Customs D is t r ic t s T o tal from Canada 96*9% 413,704 I 0.9« NOTE - The quotas on c a t t le weighing le s s than 175 pounds each and on c a t t le weighing 700 pounds or more each, and not s p e c ia lly provided f o r , have been f i l l e d . JS/ - Includes 1,534,697 pounds o f seed p otatoes imported during December, 1935, a t reg u la r ra te o f duty. (Prepared-by^IJiVtisif^ The Commissioner o f Customs. today announced prelim inary fig u re s fo r imports o f commodities under the quota p rovision s o f the Canadian Trade Agreement, fo r the period January 1 to December 3 1, 1936, and the percentage that such imports bear to the to ta ls allow able under the quota p ro v isio n s, as follow s TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Saturday, January 23, 1937, Press Service No. -9~42 The Commissioner of Customs today announced preliminary figures for imports of commodities under the quota provisions of the Canadian Trade Agreement, for the period January 1 to December 31, 1936, and the percentage that such imports bear to the totals allowable under the quota provisions, as follows*. IMPORTATIONS-OF'CATTLE, CREAM AND CERTIFIED SEED POTATOES UNDER THE QUOTA PROVISIONS OP THE CANADIAN TRADE AGREEMENT During the Period January 1 to December.311936 (Preliminary Figures) Customs Districts TOTAL IMPORT S Per Cent of Quota FR*M CANADA Alaska Buffalo Dakota Duluth & Superior Florida Maine & New Hampshire Massachusetts Michigan Montana & Idaho New York St.- Lawrence Vermont Virginia Washington Total from Canada NOTE: ♦ a/ Dairy Cows 700 Pounds or more (Head) 6,549 _ 32,7$ 10 18 T* ~ T1,-131 73 1 67 — « 84« 3,216 - ~— 1.184 6,54r '* ' • ; • Î Cream £ (Gal..) 43,710 :White or Irish :Dec. 1,1935 to ¡Nov* 30, 1536 r(Pounds) 43,602,738 a/ ¿¿SÄ ___ 96J?jL ~ Seed Potatoes ¡Dec-. 1, 193S to : Dec. 31, 1936:(Pounds) 413,704 0.9¿ 15 — m _ 106,500 124 92,650 -- , « 180 ~ 3,619,406 263,381,510 ~ --■1,826,485 300,510 13 ■_ 1 ** — ■— 28,289,564 7 580 43 ,.524 * 210,000 — « — 5,689,353 M ~ -, 86.000 — ** ** W #* '- m — —•-■ ■— 43,710 413,704 43,602,738 « - - m 91,218 — — — -*■■'m *-• *»> 322,486 — ^ *. — « -,•••-- #■*# — — — The quotas on cattle vieighing less than 175 pounds each and on cattle weighing 700 pounds or more each,-and not specially provided for, have been filled* Includes 1,534,697 pounds of seed potatoes imported during December, •1935, at regular rate of duty. IMPOSTS QF DÜUGLÀS FIE. AND ÏÏESTEEN HEMLCCK UNDEE THE QUOTA PEQVISIÔNS ÔF THE CANADIAN TEADE AGEEEMENT Suring the Period January 1 to December 31, 1936 (Preliminary Figures) } Customs Districts .................. Sawed Timber and Lumber Not Specially Provided For Douglas Western Mixed Fir Total Fir Fir Hemlock & Hemlock & Hemlock ..... .(3Bd.3?t.J (Bd.Ft.) (Bd.Ft..). . (Bd.Ft.) T O M IMPOSTS Per Cent of Quota 11,440 389,321 967,271 10,343,907 7,454,091 179,733 11,513,212 77,458 14,665,635 . 91*484 14,172,117 11,010,176 1,761,128 29,395 274,995 656 688,587 8,623,752 36,586,Î)47 30,758,,884 m — — -- — 113,,108 1,964,,373 2,949,,953 1,139,,609 ~ — - - 95,,064 5,,072 17,089,,109 24,,548 2,121,,863 3,308,,004 1,645,,229 * 324 — — - — — — ~ - - — — - « « - _ - W — - 36 - .è ~ - .- — — « — — — _ _ — — ~ - _ ,947 H? * — — — — — — ~ 89,,225 213,,403 - — — — — — ~ ~ — — « « ~ - — — — — ~ w CO w FEOM CANADA Alaska Buffalo Connecticut Dakota Duluth & Superior Indiana Los Angeles Maine & New Hampshire Massachusetts Michigan New York Philadelphia Bhode Island St. Lawrence San Diego San Francisco Vermont Washington 82,254,358 fir — — — — M *!» — - m q— 149,600,189 59.8$ 11,440 502,429 2,931,644 13,293,860 8,593,700 179,733 11,608,276 82,530 31,754,744 116,032 52,880,927 14,318,180 3,406,357 29,719 274,995 656 777,812 8,837,155 triasukt m m s m WASHINOTOI FOB RELEASI* MOHHXHG NEWSPAPERS, Tuesday, Jjranarv 26. 1937.«---1/25/37 Press Service Secretary of the Treasury Morgenthau announced last evening that the tenders for $50*000*000, or thereabouts* of 273-day Treasury bills* dated January 27 and maturing October 27* 1937* which were offered on January 22* were opened at the Federal Beserre banks on January 25* The total amount applied for was $134*878,000* of which $50*038,000 was accepted. The accepted bids ranged in price from 99*755* equivalent to a rate of about 0.323 percent per annum, to 99.717, equivalent to a rate of about 0.373 percent per annum, on a bank discount basis* Only part of the amount bid for at the latter price was accepted* The average price of Treasury bills to be issued is 99.726 and the average rate is about 0*361 per cent per annum on a bank discount basis* TREASURY DEPARTMENT Washington JOH RELEASE, MORNING NEWSPAPERSf Tuesday, January 26, 1937._____ *_ - Press Service N o . 9-43 1-25-3?. Secretary of the Treasury Morgen than announced last evening that the tenders for $50,000,000, or thereabouts, of 273-day Treasury hills, dated January 27 and maturing October 27, 1937, which were offered on January 22, were opened at the federal Reserve banks on January 25, The total amount applied for was $134,878,000, of which $50,038,000 was accepted. The accepted bids ranged in price from 99.755, equivalent to a rate of about 0.323 percent per annum, to 99.717, equivalent to a rate of about 0.373 percent per annum, on a bank discount basis. at the latter price was accepted. Only part of the amount bid for The average price of Treasury bills to be issued is 99.726 and the average rate is about 0.361 percent per annum on a bank discount basis. ooOoo -2- «products o f the so rt custom arily eaten without cooking by the consumer, are e n t ir e ly safe to e a t without cooking i f prepared in an establishm ent operating under Federal meat in sp ectio n or other competent in sp e ctio n . The pork used in such products, co n s istin g la r g e ly o f variou s kinds o f dry or summer sausage, i s s p e c ia lly processed, under the clo se scru tin y o f government in s p e cto rs , to destroy any tric h in a e th a t may be p resen t, the processin g in clu din g cooking, s p e c ia l fr e e z in g , or s p e c ia l cu rin g . There i s no danger of tr ic h in o s is when proper care i s used in the s e le c tio n o f pork products custom arily eaten raw, to see th a t they bear an in sp ection stamp g iv in g assurance th a t they have been prepared under competent in sp e ctio n . On the other hand, such products should never be eaten without cooking i f they do not bear t h is evidence o f competent in sp ectio n . "For reasons o f t a s t e , as w e ll as fo r p recaution , pork and pork products intended to be eaten a ft e r being cooked, in clu din g fre sh pork, fre sh pork sausage, smoked hams and shoulders, bacon, and such products as smoked sausage, boneless lo in s , c a p ic o la , and coppa, should be cooked u n t il they are w e ll done throughout before u sin g . T h irty minutes to the pound i s an approximate guide to s u f f ic ie n t cooking f o r la rg e th ic k cu ts o f pork. pork w i ll not produce t r i c h i n o s i s .” Prop erly cooked Approved fe-y^-rele&&&% Some stu d ies on t r ic h in o s is , c a rrie d out in the N ational I n s titu te o f H ealth, were reported to the American A sso ciatio n fo r the Advancement o f Science a t A tla n tic C it y , and the fin d in g s ap p a ren tly have been m isin terp reted in some quarters as a r e fle c t io n on the wholesomeness o f pork. With referen ce to these m isin ter- p re ta tio n s , Doctor^Hall, C h ief ofthe D ivisio n o f Zoology o f the National I n s titu te o f Health and sen ior author o f these papers, has made the fo llo w in g statements "The f a c t s which were presented in our papers a t A tla n tic C ity were intended to bring to the a tte n tio n o f s c ie n t is t s , medical men, and the p u b lic in g en era l, the widespread prevalence o f tr ic h in o s is in the United S ta te s , and to p oin t out methods o f pre vention o f the d ise a se . "The f a c t th a t t r ic h in o s is occurs in the United S ta te s i s not a reason fo r not ea tin g pork, but i s a reason fo r tak in g such precautions as are customary in s e le c tin g and preparing food o f a l l s o r ts . So f a r as pork i s r e la te d to t r ic h in o s is , i t may be divided in to two c a te g o rie s , namely, pork products o f the so rt intended to be eaten without cooking, and pork intended to be eaten a ft e r being cooked. " I am q u ite fa m ilia r with the e f f i c i e n t meat in sp ection procedures o f the F ederal Bureau o f Animal Industry, and our papers on tr ic h in o s is were w ritten with a cognizance o f the f a c t th a t pork TREASURY DEPARTMENT U. S. Public Health Service Yfashinston Press Service No, 9-44 FOR IMMEDIATE RELEASE, Wednesday, January 27, 1937, Some studies on trichinosis, carried out in the Rational Institute of Health, were reported to the American Association for the Advancement of Science at Atlantic City, and the findings apparently have been misinterpreted... in. s-ome quarters as. a reflection on the wholesoneness of pork, With•reference tp-these misinterpreta tions, Doctor Maurice C, Hall, Chief of the Division of Zoology of the National Institute of Health and senior author of these papers, has"made the following statement: ■11The facts Which were presented in our papers at Atlantic- City were intended to bri ng to the attention of scientists, nodical men, and the public in general, the widespread prevalence of trichinosis in the United States, and to point out methods of prevention of the disease, ’’The fact that trichinosis occurs in the United States is not a reason for not eating pork, but is a reason for taking such. precauti©hs'"'as are customary in selecting and preparing food of all sorts. So far as pork is related to "•trichinosis it may be divided into two categories, namely, pork products of the sort intended to be--estem without""cocking,.-and. .pork.- intended to he -eaten- after being^ocoked, ”1 am quite familiar with theeificiexit-"meat■inspection ..procedures of the Federal Bureau of Animal Industry, and our papers on tri chines in--were ‘written with a cognizance of the fact that jporirproducts of the s*rt .customarily eaten ■without caoking by the consumer, e.re~ entirely safe to eat without cooking if pro- • pared in an establishment Operating under Federal neat inspection or oths r compe- -2 tent inspection* The pork used in such products, consisting largely of various kinds of dry or summer sausage, is specially processed, under the close scrutiny of government inspectors, to destroy any trichinae that may be present) the processing including cooking, special freezing, or special curing* There is no dancer of trichinosis when proper care is used in the selection of pork products customarily eaten raw, to see that they bear an inspection stamp giving assurance that they hPve been prepared under competent inspection. On the other hand, such products should never be eaten without cooking if they do not bear this evidence of competent inspection. "For reasons of taste, as well as for precaution, pork and pork products intended to be eaten after being-cooked, including fresh pork, fresh'pork sausage, smoked hams and shoulders, bacon, and such products as smoked sausage, boneless loins, capicola, and coppa, should be cooked until they are well done throughout before using. Thirty minutes to the pound is an approximate guide to sufficient cooking for large thick cuts of pork. Properly cooked pork vail not produce trichinosis." 00O 00 »IMPORTS OF COMMODITIES FROM THE PHILIPPINES UNDER QUOTA PROVISIONS OF PHILIPPINE INDEPENDENCE ACT AND CORDAŒE ACT OF 1935 During the Period January 1 to December 3 1, 1936 (Prelim inary Figures) : Customs D is t r ic t s TOTAL IMPORTS Per Cent o f Quota Chicago Galveston Georgia Hawaii Los Angeles Maine & New Hampshire Maryland Massachusetts Michigan New Orleans New York Ohio Oregon P h ilad elp h ia Puerto Rico Rhode Island S t . Lawrence S t. Louis San Francisco V ir g in ia Washington W isconsin : : Coconut O il * i (Pounds) ♦ S U G A R ______ : Refined (Pounds) ; » Unrefined (Pounds) * Cordage* ♦ (Pounds) 328,715,073 111,8 37,4 0 1 1,79 1,5 71,6 6 9 3,921,431 _____ 73 »57$______ 99.85$________ 99.98$ 65.36$ 11,2 12 ,17 0 20,282,428 3,250,500 32,577,550 499,329 11,922,506 14 ,8 18 ,7 11 11,6 17 20,744,957 97,417,830 49,136,752 - 52,117,980 177,042,743 3,744,293 296,314,280 513,912,403 - 1,107,000 9,302,592 11,508 26,719,007 89,240 655,591,570 — - 38,261,409 12,386,784 13 1,5 7 3 ,7 2 1 3,831,621 48,195,560 38,082 - - 356,923 83,653 461,599 320,762 4,530 30,496 6,251 36,294 1,268,655 2,048 110,058 11,371 111,3 11 13,615 1,837 128,876 722,013 17,679 145,473 87,997 * Quota year commenced May 1 , 1936. (Prepared by D ivisio n o f S t a t i s t i c s and Research, Bureau o f Customs) The Commissioner of Customs today announced preliminary figures for imports of commodities coming into the United States from the Philippine Islands, under the quota provisions of the Philippine Independence Act and the Cordage Act of 1935, for the period January 1 to December 31, 1936, and the percentages that such imports bear to the totals allowable under the quotas, as follows: OFFICE OF THE COMMISSIONER OF CUSTOMS Sta January 26, 1937. MR. HJSSELL (Room 289 - Treasury Department) FROM MISS HENRY: There is attached a tabulation.for immediate release showing preliminary figures for imports of commodities coming into the United States from the Philippine Islands, under the quota pro visions of the Philippine Independence Act and the Cordage Act of 1935, for the period January 1 to December 31, 1936. When this tabulation has been mimeographed, kindly have 30 copies forwarded to me at Room 415, Washington Building. TREASURY DEPARTMENT Washington FOR mi EDIATE RE LEASE , Wednesday, January 27, 1937, Pre ss S ervi ce No, 9-45 The Commissioner of Customs today announced preliminary figures for imports of commodities coming into the United States from the Philippine Islands, under the quota provisions of the Philippine Independence Act and the Cordage Act of 1935, for the period January 1 to December 31, 1936, and the percentages that such impbrts bear to the totals.allowable under the quotas, as follows: TOTAL IMPORTS Per Cent of Quota Chicago Galveston Georgia Hawaii Los Angeles Haine A New Hampshire Maryland Massachusetts Michigan New Orleans New York Ohio Oregon Philadelphia Puerto Rico Rhode Island St, Lawrence St, Louis San Francisco Virginia Washington Wisconsin :Coconut Oil : (Pounds) 328,715,073 75,37/o S U G A R :Refined Unrefined :(Pounds) (Pounds) 111, 827, 401 99',85/o 1,791,571, 669 99*98$ 20, 282, 428 11,922, 506 14,818, 711 tfi 617 20,744, 957 11,212,170 3,250,500 32,577,550 52,117,980 177,042,743 1,107,000 9,31)2,592 11,508 38,261,409 3,831,621 *■ Quota year commenced May 1, 1936* 499, 329 - - - ~ - - 97,417, 830 49,136, 752 - - - - - « 3 >744, 293 296,314, 280 513,912, 403 26, 719, 007 89, 240 655,591, 570 - _ - - - _ 12, 386, 784 CO Customs Districts 195, 560 131,573, 721 38,082 :Cordage* :(Pounds) 3,921,431 65.36$ 356,923 83,653 - m 461,599 320,752 4,530 - - - 30,496 6,251 36,294 1,268,655 2,048 110,058 11,371 111,3.11 13,615 1,837 128,876 722,013 17,679 145,473 87,997 Release to Horning Papers of February in the court room; and fo r two murals in the p ublic lobby* the sum of $1900 w i ll be p a id . The prelim inary committee co n sists of ffir.. Christopher L . Ward,Ghariman; E. William M artin, a r c h it e c t . be made to For these George H a r d in g ,a r tis t; and 1^* For fu rth e r d e t a ils , a p p lic a tio n should W. William M artin, duPont Building,W ilmington,Delaware* This con^petition i s open to American p ain ters redident of or attached to the s ta te s of Maryland, Delaware, V ir g in ia , the D is tr ic t of Columbia, Pennsylvania, New Jersey and New York. The Miami com petition, open to American p ain ters residen t of or attached to the s ta te s of F lo rid a , Louisiana, Arkansas, M ississip p i, Alabama, Georgia, North and South C arolin a, V irg in ia , West V irg in ia , Kentucky, Tennessee, Maryland and the D is t r ic t of Columbia, is f o r a mural fo r which $3,800 w ill be p a id . For fu rth e r d e t a i ls , a p p lica tio n should be made to Mrs. Eve Alsman F u lle r , Mayflower H otel, J a c k s o n v ille , F lo rid a , Chairman of the prelim inary committee, which c o n s ists fu rth e r of m H. D. Stew art, a rc h ite c t? Miss B ea trice Beyer W illiam s, a r t is t ? s. P eter Wagner, a r t i s t ; and S & Phineas E. P a is t, a r t i s t and a r c h ite c t* The com petition fo r the El Paso court house is opemto American p ain ters residen t of or attached to the s ta te s o f Texas, Arizona, New Mexico, Oklahoma, Kansas, Colorado, Arkansas and Louisiana* The sum of $3,700 w ill be paid to cover the complete cost of in s t a lla t io n and execu tion . Irvin g Schwartz i s Chairman of a prelim inary committee, which c o n sists of f e r Percy W# McGhee, a rc h ite c t of the b u ild in g ; Mrs. Maud D. S u lliv a n ; % t Joseph E. Goodell and Mrs. W alter E. Stockw ell. For fu rth e r d e ta ils and fo r a form announcement, a p p lic a tio n should be made to Percy W. McGhee,First N ational Bank B u ild in g ,E l Paso,Texas* Release to Morning Papers of February 2, 1937 w i ll be c a r e fu lly numbered when received ,w ith the same number as the design which they accompany, and w ill remain unopened u n til a f t e r s e le c tio n of the best design# Two n a tio n a lly known American mural p a in te r s , Reginald Marsh of New York C ity and Ward Lockwood of Taos, New M exico,w ill a s s is t the Painting and Sculpture Section in s e le c tin g the winning design# The fou r reg io n al com petitions are fo r murals in^the Phoenix, A rizona, post o ffic e ? the new Wilmington, Delaware, post o ffic e ? the Miami, F lo rid a , post o ff ic e , court house and sustains b u ild in g; and the 11 Paso, Texas, court house# The com petition fo r the Phoenix post o ffic e i s open to American p ain ters resid en t of or attached to the s ta te s of A rizona, New Mexico, Texas, Oklahoma, Kansas, Colorado, Utah and Nevada. It i s f o r two mural groups in the end lo b b ies of the post o f f ic e ,f o r which $6,800 w i ll be p aid , covering the complete cost of execution $nd in s ta lla tio n # For fu rth e r d e t a ils of t h is com petition and f o r form announcements s ta tin g a l l co n d itio n s, a p p lic a tio n should be made to Mfgi L e s lie J# Mahoney, Lesher and Mahoney, T it le and Trust Building? Phoenix, A rizona. The lo c a l committee co n sists of % W illiam G# Har t r a n f t , Chairman; Mrs. W. K. James % . Henry Coerver; Mrs. Ode Halseth; and "Sr# L e slie J# Mahoney, of Lesher and M ahoney,architects of the building# As in a l l sim ila r com petitions, designs must be submitted anonymously# The Wilmington,Delaware, com petition is fo r one mural, fo r which $1700 w i l l be paid to cover complete c o s ts , to be in s ta lle d Release to Morning: Papers of February 2,1937 4 (o mPWWTMS One n atio n al and four reg io n al com petitions, carryin g com* missions to ta lin g $29,900, were announced by Secretary of the Treasury Morgenthau today fo r the Section of Painting and Sculpture of the Procurement D ivision» The national com petition,open to a l l American p a in te rs , is f o r a continuous mural covering the e n tire w a ll space of the foyer in HH the San Antonio, Texas, post o ff ic e and court house* The t o t a l area to be covered by the mural i s approxim ately 700 f e e t , being 6 fe e t wide above an 11 fo o t marble wainscot and ruiming around the fou r w alls* For th is a sum of $12,000 w i ll be p aid, which in cludes the cost of in s t a lla t io n and execu tion . Subject matter dealing with the uses to which t uilding is to be put* incidents in the history of Texe A*- sussested as suitable for treatment in the murals. Every a r t i s t who intends to submit designs in the San Antonio com petition must s ig n ify h is in ten tio n of doing so by applying fo r blue* p rin ts of the spaces to Edward Rowan, Treasury Department, PpooifrwMP'H'b DjbMigAon» Washington, D.C. Designs must be submitted with carryin g charges prepaid, or d e live red in person, to the above address, on or before May 13th, 1937* The designs must not be sign ed, and should be accompanied by a p la in , sealed envelope enclosing the a r t i s t ' s name and address. These envelopes TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Tuesday,Eeteiary .2> 1937.______ 1-27-37. Press Service No.. 9-46 One national and four regional competitions, carrying commissions totaling $29,900,were announced by Secretary of the Treasury Morgenthau today for the Section of Painting and Sculpture of the Procurement Division. The national competition, open to all American painters, is for a continuous mural covering tbaentire wall space of the foyer in the San Antonio,Texas, post office and court house. The total area to be covered by the mural is approximately 700 feet, being 6 feet wide above an 11 foot marble wainscot and running around the four walls. For this a sum of $12,000 will be paid, which includes the cost of installation and execution. Subject matter dealing with the uses to which incidents in the history of Texas are the building is to be put or suggested as suitable for treatment in the mural s-. Every artist who intends to submit designs in the San Antonio competition must signify his intention of doing so by applying for blue prints of the spaces to Edward Rowan, Procurement Division, Treasury Department, Washington, D.C. Designs must be submitted with carrying charges prepaid, or delivered in person, to the above address, on or before May 13th, 1937. The designs must not be signed, and should be accompanied by a plain, sealed envelope enclosing the artist*s name and address. These envelopes will be carefully numbered when received, with the same number as the design which they accompany,and will remain unopened until after selection of the best design. Two nationally known American mural painters, Reginald Marsh of New York City and Ward Lockwood of Taos, New Mexico, will assist the Painting and Sculpture Section in selecting the winning design. -2~ The four regional competitions are for murals in the Phoenix, Arizona, post office; the new Wilmington, Delaware, post office; the Miami, Florida, post office, court house and customs "building: and the El Paso, Texas, court house. The competition for the Phoenix post office is open to American painters resident of or attached to the states of Arizona, New Mexico, Texas, Oklahoma, Kansas, G ol orado, Utah and Nevada. It is for two mural groups in the end lobbies of the post office, for which $6,BOO will be paid, covering the complete cost of execution and installation. For further details of this competition and for form announcements stating all conditions, application should be made to Leslie Jf Mahoney, Lesher and Mahoney, Title and Trust Building, Phoenix, Arizona. The local committee consists of William G. Hartranft, Chairman; Mrs, W.K. James; Henry Coerver? Mrs, Ode Halseth' and Leslie J, Mahoney of Lesher and Mahoney, architects of the building. As in all similar competitions, designs must be submitted anonymously. The Wilmington, Delaware, competition is for one mural, for which $1700 will be paid to cover complete costs, to be installed in the court room; and for two murals in the public lobby. For these the sum of $1900 will be paid. The preliminary committee consists of Christopher L. Ward, Chairman; George Harding, artist and E. William Martin, architect, For further details, application should be made to E, William Martin, DuPont Building, Wilmington, Delaware*. This competition is open to American painters resident of or attached to the states of Maryland, Delaware, Virginia, the District of Columbia, Pennsyl vania, New Jersey and New York. The Miami competition, open to American painters resident of or attached to the states of Florida, Louisiana, Arkansas, Mississippi, Alabama,Georgia, North and South Carolina, Virginia, West Virginia, Kentucky, Tennessee, Maryland and the District of Columbia, is for a mural for which $3,BOO will be paid, -3~ Fir further details, application should he made to Mrs. Eve Alsman Fuller, Mayflower Hotel, Jacksonville, Florida, Chairman of the preliminary committee, which consists further of H.D. Stewart, architect; Miss Beatric Beyer Williams, artist; S. Peter Vagner, artist and Phineas E. Paist, artist and architect. The competition for the El Paso court house is open to American painters resident of or attached to the states of Texas, Arizona, Hew Mexico, Oklahoma; Kansas, Colorado, Arkansas and Louisiana. The sum of $3,700 will he paid to cover the complete cost of installation and execution. Irving Schwartz is Chairman of a preliminary committee, which consists of Percy "7. McGhee, architect of the building; Mrs. Maud D.Sullivan; Joseph E. Goodell and Mrs. Walter E. Stockwell. For further details and for a form announcement, application should he made to Percy 7.McGhee, First National Bank Building, El Paso, Texas. ooOoo -P- ing, Nurses Home, Clinical Building and Maxi m u m Custody Ward* Bids are to be opened February 9 for a second-group of buildings, house, including a dining hall, kitchen, auditorium, power two maintenance buildings and a warehouse* The Fort Worth institution follows a m o dified cottage plan iLü tA and is designed primarily to meet the needs of ^uluutrnTy patients* The Lexington institution, already in service, for the care of patients is designed primarily committed from penal institutions* hospitals represent the leadership of the Unit e d States The two in meeting the problem of hospitalization of narcotic addicts. The dedication ceremonies are expected to be attended b y a large number of officials and others interested in narcotic problems from various parts of the U n ited States* 0 0 O 00 TREASURY DEPARTMENT Washington Press Service No. OR RELEASE, MORNING NEWSPAPERS, Sunday, January 51^. 193% Saturday, February 13th, has been set as the date for the dedication and cornerstone laying for the new nardotic farm at Fort Worth, Texas. Dedication services will be held at 11:00 A.M. Congressman Fritz Lanham, Chairman of the House of Representatives Committee on Buildings and Grounds, is Chairman of the Committee in charge of arrangements. Other members of the Committee are Miss Josephine Roche, Assistant Secretary of the Treasury in charge of Public Health Service activities; Dr. Thomas Parran, Surgeon General I of the United States Public Health Service; Admiral C.J. Peoples, Director of Procurement; Dr. 'Walter L. Treadway, Assistant Surgeon General in charge of the Division in Mental Hygiene; W.E. Reynolds, Assistant Director of Procurement, Public Buildings Section. A local 1 committee consisting of residents of Fort Worth and vicinity will co- I operate with the general committee on arrangements. Miss Roche will deliver the principal address on behalf of the Treasury Department. Dr. Parran will also speak. An R.O.T.C. band will provide music. Congress has authorized an expenditure of §4,000,000 for the nei» institution. Under this program it will eventually provide 1200 beds or 200 more than the accommodations at the initial narcotic Farm I at Lexington, Kentucky. Funds now available, however, will allow the ■ expenditure of approximately §2,250,000. (Mf-OO The institution is located on a SÉ»acre tract six miles from Fort Worth. Under a contract awarded on July 27, 1936, work is now procee ding on the first group of structures -- an Administration build mQm ing, Burses Home, Clinical Building and Maximum Custody Ward# Bids are to be opened February 9 for a second-group of .J '.V Si ■ buildings, including a dining hall, kitchen, auditorium, power house, two maintenance building® and a warehouse# The Fort Worth institution follows a modified cottage plan and Is designed primarily to meet the needs of voluntary patients* The Lexington institution, already in service. Is designed primarily for the care of patients c o m i t t e d from penal institutions* The two hospitals represent the leadership of the Bfcited States in meeting the problem of hospitalization of narcotic addicts* The dedication ceremonies are expected to be attended by a large number of officials and others interested in narcotic problems from various parts of the United States# 00O00 TREASURY DEPARTMENT Washington FOR RELEASE, MORNING HEWS PAPERS, Sunday, January SI, 1937# Brass Service Ho* Saturday, February 13th, has been set as the date for the dedication and cornerstone laying for the new nardotie farm at Fort Worth, Texas* Dedication services will be held at lliOG A*M. Congressman Fritz Lanha®, Chairman of the House of Representatives Committee on Buildings and Grounds, is Chairman of the Committee in charge of arrangements • Other members of the Committee are Miss Josephine Roche, Assistant Secretary of the Treasury in charge of Public Health Service activities! Dr* Thomas Parran, Surgeon General of the United States Public Health Service| Admiral C*J* Peoples, Director of Procurement f Dr* Waiter L* Treadway, Assistant Surgeon General in charge of the Division in Mental Hygienef 1*1* Reynolds, Assistant Director of Procurement, Public Buildings Section* A local committee consisting of residents of Fort Worth and vicinity will eo* operate with the general committee on arrangements* Miss Roche will deliver the principal address on behalf of the Treasury Department* Dr* Parran will also speak* An B#0#T*C* band will provide music* Congress has authorized an expenditure of $4,000,000 for the ne institution* Under this program it will eventually provide 1200 beds or 200 more than the accommodations at the initial narcotic farm at Lexington, Kentucky* Funds now «reliable, however, will allow the expenditure of approximately #2,250,000* The institution is located on a 14«*acre tract six miles from Fort Worth* Under a contract awarded on July 27, 1936, work is now proceeding on the first group of structures — * an Administration Soil a modified cottage The i n s t i t u t i o n plan and i s designed p rim a rily to meet the needs o f voluntary p a tie n ts . The Lexington in s t it u t io n o i s designed J p rim a rily fo r the care o f p a tie n ts committed from penal in s tit u t io n s . The two h o sp ita ls represent the lead ersh ip o f the United S ta te s in meeting the problem o f h o s p ita liz a tio n o f n a rco tic a d d ic ts . The d ed ica tio n ceremonies are expected to be attended by a la rg e number of o f f i c i a l s and others in te re s te d in n a rco tic problems variou s p a rts of the United S ta te s . -oOO' The institution is located on a 14-acre tract six C5~\ miles from Fort Worth. Under ë contract 'award ed^luly 27, 1936, is now proceeding tin the fir?t group BixïiiitoxE of structuresi an Admini'sfratibh Building, Nurses iiôme, Clinic-1 building end id imum Custody W a r d . bids ere to be opened February 9 for a second Hfrhoup oj buildings, including a dining hall, kitchen, auditor urn, power hoi two maintenance buildings end a warehouse. FOR RELEASE, MORNING NEWSPAPERS Sunday, January 51« 1957.____ Press S e rvice No. 1/ 27/ 3 7 . Saturday, February 13 th , has been s e t as the date fo r the d ed ication and cornerstone la y in g f o r the new n arcotic farm a t Fort Worth, Texas. — D edication s e rv ic e s w i l l be held a t 11:00 A.M. Congressman F r it z Lanham, Chairman o f th e House of R epresen tatives Committee on B uildings and Grounds, is Chairman of the Committee in charge of arrangements. Other members of the Committee are Miss Josephine Roche, A ssista n t Secretary of the Treasury in charge of Public Health S ervice a c t i v i t i e s ; Dr. Thomas Parran, Surgeon General o f the United S ta te s Public Health S e rv ice; D irecto r of Procurement; Admiral C. J . Peoples, Dr. Walter L . Treadway, A ssista n t Surgeon General in charge of the D iv isio n in Mental Hygiene; W. E. Reynolds, A ssista n t D irecto r of Procurement, Public B uildin gs S e c tio n . A lo c a l dommittee co n sistin g of resid e n ts of Fort Worth and v i c in it y w i l l co operate with the general committee on arrangements. Miss Roche w i l l d e liv e r th e p rin c ip a l address on b eh alf o f the Treasury Department. Dr. Parran w i l l a lso speak. »|^i^^R.0.T.C. band w i l l provide music. Congress has authorized an expenditure o f | 4 ,000,000 fo r the |p||p| new in s tit u t io n . Under t h is Tiirttd iiiiifl prngrnm i t w i l l .provide 1200 beds 'iorbJLh^iJ' or 200 more than the accommodations a t the i n i t i a l n arco tic farm a t si- Lexington, Kentucky. Funds the expenditure o f lJlffcwwen $2,J|y0O,OOO a v a ila b le , however, w i l l allow mpgg&m TREASURY DEPARTMENT Washington RELEASE, MORNING NEWSPAPERS, Sunday, January 31, 1937,______ 1-28-37 Press Service No* 9 - 4 7 for Saturday, February 13th, has "been set as the date for the dedication and cornerstone laying for the new narcotic farm at Fort Worth, Texas* services will he held at 11;00 a„m, Dedication Congressman Fritz Lanham, Chairman of the House of Representatives Committee on Buildings and Grounds, is Chairman of the Committee in charge of arrangements* Other members of the Committee are Miss Josephine Roche, Assistant Secretary of the Treasury in charge of Public Health Service activities; Dr, Thomas Raman, Surgeon General of the United States Public Health Service, Admiral C. J* Peoples, Director of Procurement; Dr# Walter L* Treadway, Assistant Surgeon General in charge of the Division in Mental Hygiene; W. 1* Reynolds, Assistant Director of Procurement, Public Buildings Section. A local committee consisting of residents of Fort Worth and vicinity will cooperate with the general committee on arrangements* Miss Roche will deliver the principal address on behalf of the Treasury Department# Dr, Parran will also speak. An R.O.T.C* band will provide music* Congress has authorized an expenditure of $4,000,000 for the new institu tion* Under this program it will eventually provide 1200 beds or 200 more than the accommodations at the initial narcotic farm at Lexington, Kentucky# now available, however, will allow the expenditure Funds of approximately $2,250,000# The institution is located on a 1400 acre tract six miles from Fort.* Worth. Under a contract awarded on July 27, 1936, work is now proceeding on the first group of structures — an Administration Building, Nurses Home, Clinical Building and Maximum Custody Ward. - 2 - Bids are to be opened February 9 for a second-group of buildings, includ ing a dining hall, kitchen, auditorium, power house, two maintenance buildings and a warehouse« The Fort Worth institution follows a modified cottage plan and is designed * \ primarily to meet the needs of the more tractable patients* The Lexington in stitution, already in service, is.designed primarily for the care of patients committed from penal institutions. The two hospitals represent the leadership of the United States in meeting the problem of hospitalization of narcotic addicts. The dedication ceremonies are expected to be attended by a large number of officials and others interested in narcotic problems from various parts of the United States. 00O 00 Aldphol Tax 'Unit All Alcohol xax agents in flood areas have been instructed to devote their services and use their* automobiles in relief work in cooperation with the Coast Guard, ®ed Cross end other agencies. In Louisville xixfoBi alcohol Tax agents have served with the military police; in Bvansville, Ind., they are serv as aides to Capt. "eroy Reinburg, Coast ^uard Commender. Lnforoemen, w o rk has been suspended generally in the flood area. Bureau of Narcotics The Bureau of Narcotics has conducted a survey of supplies of codeine, required in the treatment of pneumonia and allied diseases. o Supplies were found adequate * In erne cases on account of the non--availability of records in flood areas it was necessary to expedite shipments through action of the Washington. Twelve ten 5 -/ Medical officers and/sanitary engineers of the U.S.Public regular Health Service, have been transferred from their/posts in various parts of the country, and are on duty in the flood areas* Their work is fe&ingx coordinated with the Stat e a u t h o r i t i e s ^ R e d Cross personnel and other agencies. Dr. Parran said today that all requirements for vaccines, serums and anti-toxins are being promptly met through shipments Brom all parts of the country. Some of the supplies are being sent by State Boardsof Health inxStatxKXxnstxaiffEEtKiixfeyxfisisdxx and others are going direct into the flood areas from drug manufacturing houses. The heaviest calls for these supplies so far have come from Kentucky. Medical officers reported to the Surgeon Genial thatjithere will be need for additional forces of sanitary engineers in the near future, when the waters in the Ohio Valley recede, a«^Lserious problems of sanitation are * v -A Sanitary engineers now on duty are giving particular attention to the water supplies to prevent outbreaks of typhoid and other di seases. Public Health Service medical officers areon special duty at Louisville, Cincinnati, Evansville, St.Louis,Mem phis/SMtit Charleston,W.Va. Covington I§§*, Ashland, Paducah and Maysville Ky. are on duty at Columbus, Charleston, Indianapolis Sanitary engineers Cincinnati,Louisville, „Jefferson City Mo., Nashville, and Little Rock. Total shipments of biologic supplies from all sources have been: 68 S 3276 doses of anti-typhoid, vaccine, 222,191 small pox vae< ? 52,140 does of diphtheria anti-toxin, 66,570 doses of diphtheria toxoid, 6,851,870 units of influenza and pneumonia serum, 10655 doses of tetanus anti-toxin and 400 packages oiafpreventive and therapeutic products gPSp ^ li Federal medical officers detailed in the Ohio Valley flood region To U m * * n* in their reports^to Dr. Thomas Parran, Surgeon General of the U.S.Public Health Service, started that no serious epidemic has occurred, although colds from exposure are widely prevalent, andjoutbrealcc of pneumonia ^ilood centers among evacuated populations,are receiving attention of doctors and nurses. She I....... Hhf'fT.a T i.;i,.i. outbreaks have been -s a minimum of serious i nfasures invoked to p r o t e far, and attributed c t T h e s e to the ems?gency measures deal not fnly with prblemsiiíáífmha ve been hourly faced since the Isis began, Dut have td^So with a erreat v n f e g ggj fihm ] in the wake of the flood. Dr. Parranjemergeny program U u .Ia ifcL is .51w% 4^ being w» fc3eod out in cooperation with o t ^ e f agencies, Federal, State and local 7 embraches these principal lines of work: 1 — The Surgeon General’s office has become a clearing house 1 of informs.tion as to tihe biologic resources of the nation and ae-id: medical A requirements in^al 1 flood areas. Complete inventory has been made of all available supplies^wf^Typhoid vaccine, smallpox vaccine, smallpox vaccination needles, prophylactic doses of diphtheria anti—toxin, and tetanus anti—toxin. _ I ^ Careful check^ is being kept of a^ll orders for these products from medical officers to avoid duplication, and usk—o&ik&i to conserve the supply. 2 — The U.J5. Public Health Service has coordinated its work with the American Red Cross, State Departments of Health, the Works Progress Administration and with other cooperating agencies. PROCUREMENT DIVISION The Branch of Supply of the Procurement division has authorized Procurement officers in all flood states to establish emergency headquarters at points best suited for cooperating with the x x &x &x e x x works Progress administration i and Ve'd Z r o s s for purchasing, receiving and distributing needed supplieend to maintain 24 hour service. Procurement offices in Washington are securing information from manufacturer and distributors of relief supplies as to stoc% available, shipq facilities, etc., and are relaying this information to the Procurement offices in the flood states, these offices then orde needed supplies direct. In addition a considerable number of mattresses, textiles, etc., have been, transferred, from, depots outside the flood, area to depots in the floor area. emergency clothing, needed for. refugees 1S nVV. P. a . sewing projects in the flood area. The Procurement offices in Viashing ton are now c making arraugments <8or purchases of textiles to replenish the stocks of these sewing projects. Today’s shipments to the flood, area inclu 100,000 yards of comforter cloth and 100,000 yards of flannel. Louisville headquarters of the Procurement D i v i s i o n jterftsg» were flooded and ,new headquarters w.e'r.e -establish today in the highland section of that city. Purchases of boots a chloride of lime were made for this area. (2) flo o d resume 18 ; Lawrenceburg,Ind#, 5 ; Hazleton,Ind#, 2 ; E v a n s v ille , 76 ; V in cen n es,In d.,1 ; C a iro ,111# , 30 ; Memphis, ♦ -#¡2L M arietta 24 ^ The Coast Guard m aintains i t s own communication serv ice through the Coast Guard Radio S ta tio n a t Ft#Hunt,Va#, across the Potomac r iv e r from Washington# This s ta tio h m aintains communication with the e n tir e flo o d s# area through a short wave channel. Communication i s maintained through three Naval Reserve a i r sta tio n s at £ E v a n sv ille ,C in c in n a ti and Memphis, r e s p e c tiv e ly ; f iv e amateur radio s ta tio n s at E v a n sv ille and 12 radio communication tru ck s by lan d, and by 30 p ortable radio sets and 40 flo a tin g radio s e t s in s ta lle d in variou s f lo a t in g units# The Coast Guard radio s e ts a re e s p e c ia lly equipped to withstand water and continue to operate even after immersed in water# ■»irr-rne-ry c h ie f developments Thursday were: Although need fo r boats fit Kenova,W.Va«, was most a c u te , two life b o a ts and crews were sent to C a ttletsb u rg ,K y *, where a u th o ritie s reported flo o d conditions as ’’v e ry serious«*1 M a rie tta ,0#, rep o rts flo o d c r e s t a t th a t p oin t has passed* Several Coast Guard su rf boats were sen t from M t»Vernon,111*, th is morning , w ith doctors and nurses , 100 m iles down stream to meet a boat of the Army Engineer Corps, th a t s ta rte d from G o lo o n d a,Ill*, carryin g 30 babies and 30 a d u lts i l l w ith pneumonia* Coast Guard boats w i l l bring them to Mt «Vernon concentration camp* Capt*Reinburg sent se v e ra l boats from Ashland to Greenup,Ky*, where 650 people had f le d t h e ir homes fo r higher ground* F ir s t o f 23 seagoing v e s s e ls ordered from A tla n tic and Gulf bases,reported a t M ississip p i points * The 165 fo o t p a tr o l boats and th ree 75 fo o t cutters a rriv e d a t V icksburg,M iss*, w hile the 125 fo o t c u tte r D ix, a rriv e d a t New Orleans* Ten o f 20 sm all boats a t C in cin n a ti, were tra n sfe rre d to L o u is v ille where conditions s t i l l are acute* I Resume o f Coast Guard nprpitl nun Sm4u.Ill !i"l tnnni»li1inii 1 11 tiTim H E v a n s v ille ,I n d ., i s f i e l d headquarters M n\ulwH huch. I' C has sw***«|> o f f ic e s in the Vanderburgh county courthouse. About 225 Coast Guard o f a l l types boats with crews aggregating^ about 1,800 men are under Reinburg* s direction, in the area i?t— i^nhtric from Parkersburg,W .Va., to Memphis,Tenn. boats o f a l l types have been dispatched P ^ k f i<— from all ,dfe jfik fciOcjL sectio n s gre a t la k e s , ifo ijity and A tla n tic coast p o in ts as fa r d is ta n t as Boston. These include 23 sea going Coast Guard *|k£*#m, 63 ¿wavy boats, nine J ^ l i f e saving boats from the J^ightJiouse se rv ic e and two from the le a s t and Geodetic survey« Seven are in The flood«fc*area has been divided in to e ig h t districts.j^rttaO B titebc charge o f a commissioned o f f i c e r d i r e c t ly respon sible to E v a n sv ille headquarters. These d i s t r i c t s and th e ir commanding o f f ic e r s are: M a rie tta ,0 ., Lt.Comdr. H .T.Jew ell ; Huntington,W .Va., L t . C omdr., George McCabe ; Portsmouth,0 ., L t. (*— * —» * * & •* * fK W.W.Bennett ; L o u is v ille , £. l 7 C a ir o ,1 1 1 ., Lt.Comdr.y^enroute from Lt.L.P. Jensen^; Boston a rea , and Comdr. Henry C oyle, enroute to Monphis, from M C in cin n ati d i s t r i c t i s in charge o f Boatswain W .E.Ireland. \ / /X - JLl /> l V _ 'f j M d r , f a. s* 'S *9 5 S b B X K z x 3 B z x d ^ n t z £ s B S ± z ;S f X K s a l ?Ù *C l~ m - The Coast Guard has 15 airp la n es on flood d u ty. E ight E v a n sv ille as a & L $ The vHtam using base, but because o f r i s in g w aters may be using f i e l d s as f a r north a s In d ia n a p o lis. Two are a t Memphis,Tenn; two are enroute from C ape May, N .J ., one i s enroute from Salem,Mass., one Êêèê has returned to Washington, a ft e r flying serum to the L o u is v ille a rea , and another i s a t Cape May, a fte r a s im ila r errand. Two more planes a t S t.P e te r s b u r g ,F la ., and another a t M iam i, have been ordered to stand by fo r possible flo o d duty. Boats in the flood area were « « M M o d as fo llo w s: C in cin n a ti, 10 ; Portsmouth, 4 ; Huntington,W.Va., 30 ; m o r e L o u is v ille , TREASURY DEPARTMENT .Washington. Flood Memorandum No, 1 Fan. 88, 1937 While flood conditions warrant it, this memorandum will he distributed daily, additional information'as to flood relief activities of Treasury agencies may be obtained at Room 889, Treasury Depart ient, National 6400, Extensions 8679 , 8040 or 8041. COAST GUARD.1 TREASURY DEPARTMENT Washington Flood Memorandum No, 1 January 28, 1937. While flood conditions warrant it, this memorandum will be distributed daily. Additional information as to flood relief activities of Treasury agencies may be obtained at Room 289, Treasury Department, National 6400, Extensions 2679, 2040 or 2041. COAST CtUARD Resume of Coast Guard operations; Evansville, Ind., is field headquarters. offices in the Vanderburgh county courthouse. Here Capt. Leroy Reinburg has About 225 Coast Guard boats of all types with crews aggregating about 1800 men are under Reinburgts direction, in the area from Parkersburg, W. V p . t o Memphis, Tenn. Pour hundred and seven boats of all types have been dispabched from all sections including Great Lakes, Gulf and Atlantic Coast points as far distant as Boston. These include 23 seagoing Coast Guard craft, these to be assigned to Mississippi River duty; 63 Navy boats, nine life saving boats from the Light house service and two from the Coast and Geodetic survey. The flood area, has been divided into eight districts. Seven are in charge of a commissioned officer directly responsible to Evansville headquarters. These districts and their commanding officers are; Marietta, Ohio, Lt. Comdr. H.T, Jewell; Huntington, W. Va.,. Lt.. Comdr. George McCabe; Portsmouth, Ohio, Lt. W.W. Bennett; Louisville, Lt.. L.P. Jensen; Cairo, 111., Lt. Commdr. R.C. Jewell, enroute from Boston area, and Comdr. Henry Coyle, enroute to Memphis from Richmond, Va. charge of Boatswain W.E. Ireland. The Cincinnati district is in Lt. Comdr. 1.3*. Steele is enroute from Boston area to Cairo, Illinois. The Coast Guard has 15 airplanes on flood duty. Eight had been using Evansville as a base, but because of rising waters may be using field as far north as Indianapolis. Two are at Memphis, Tenn.; two are enroute from Cape May, one is enroute from Salem, Mass., one lias returned to Washington, after flying serum to the Louisville area, and another is at Cape May, after a. similar errand. T y/o more planes at St. Petersburg, Fla., and another at Miami have been ordered to stand by for possible flood duty. Boats in the flood area were reported as follows: Cincinnati 10; Portsmouth 4; Huntington, W. Va.. 30; Louisville, Ky. 18; Lawrenceburg, Ind. 5; Hazel ton, Ind. 2; Evansville, 76; Vincennes, Ind. 1; Cairo, 111. 30; Memphis 12; Marietta 24; Vicksburg 4 and Hew Orleans 1. The Coast Guard maintains its own communication service through the Coast G-uard radio station at Ft. Hunt, Va,, across the Potomac River from Washington. This station maintains communication with the entire flood area through a, short wave channel. Communication is maintained through three Haval Reserve Air Stations at Evansville, Cincinnati and Memphis, respectively; five amateur radio stations at Evansville and 12 radio communication trucks by land, and by 30 portable radio sets and 40 floating radio sets installed in various floating units. The Coast Guard radio sets are especially equipped to withstand water and continue to operate even after immersed in wader. Chief developments Thursday were: Although need for boats ad Keneva, W. Va. was most acute, two lifeboats and crews were sent to Cattletsburg, Ky. where authorities reported flood conditions as ’’very serious’1. Marietta., Ohio penorts flood crest ad that point has passed. Several Coast Guard surf boats were sent from Mt. Vernon, 111. this morning, with doctors and nurses, 100 miles down stream to meet a boat of the Army Engineer Corps, that started from Golconda,, 111., carrying 30 Dabies and 30 adults ill with pneumonia,. concentration camp. Coa.st Guard boats will bring them to Mt. Vernon Capt. Reinburg sent several "boats from Ashland to Greenup, Ky., where 650 people had fled their homes for higher ground, First of 23 seagoing vessels ordered from Atlantic and Gulf bases, reported at Mississippi points. The 165 foot patrol boat and three 75 foot cutters arrived at Vicksburg, Miss., while the 125 foot cutter Dix, arrived at hew Orleans. Ten of 20 small boats at Cincinnati, were transferred to Louisville where conditions still are acute, PR0CUEEMENT DTVISIOh The Branch of Supply of the Procurement Division has authorized Procurement officers in all flood states to establish emergency headquarters at points best suited for cooperating with the Works Progress Administration and Red Cross for purchasing, receiving and distributing needed supplies, and to maintain 24 hour service. Procurement offices in Washington are securing information from manufacturers and distributors of relief supplies as to stocks available, shinning facilities, etc., and axe relaying this information to the Procurement offices in the flood states, these offices then ordering needed supnlies direct. In addition, a considerable number of mattresses, textiles, etc., have been transferred from depots outside the flood area to depots in the flood area. Generally emergency clothing needed for refugees is being provided by WPA sewing projects in the flood area. The Procurement offices in Washington are now making arrangements for purchases of textiles to replenish the stocks of these sewing projects. Today’s shipments to the flood area included 100,000 yards of comforter cloth and 100,000 yards of flannel. Louisville headquarters of the Procurement Division were flooded and new headquarters were established today in the highland section of that city. of hoots and chloride of lime were made for this area# Purchases PUBLIC HEALTH SERVICE Federal medical officers detailed in the Ohio Valley flood region, in their reports today to Dr. Thoma.s Parr an, Surgeon General of the U.S. Public Health Service, stated that no serious epidemic has occurred, although colds from exposure are widely prevalent, and numerous cases of pneumonia in some flood centers among evacuated populations, are receiving attention of doctors and nurses. Dr. Perran’s emergency program, in cooperation with other agencies, Federal, State and local,embraces these princiual lines of work; 1 - The Surgeon General’s office has become a. clearing house of information as to biologic resources of the nation and of medical requirements in all flood areas. Complete inventory has been made of all available biologic supplies. These include typhoid vaccine, smallpox vaccine, smallpox vaccination needles, prophylactic doses of diphtheria anti-toxin, and tetanus anti-toxin. Careful- check is being kept of all orders for these products from medical officers to avoid duplication, and to conserve the supnly. 2 - The U.S. Public Health Service ha.s coordinated its work with the American Red Cross, State Departments of Health, the Works Progress Administration and with other cooperating agencies. 3 - Twelve medical officers and ten sanitary engineers of the U.S. Public Health Service, have been transferred from their regular posts in various parts of the country, and are on duty in the flood areas. Their work is coordinated with the State authorities, pLed Cross personnel and other agencies. Dr. Parran said today that all requirements for vaccines, serums and anti toxins are being promptly met through shipments from all parts of the country. Some of the supplies are being sent by State Boards of Health and others are going direct into the flood areas from drug manufacturing houses. calls for these supplies so far have come from Kentucky. The heaviest -5~ Medical officers reported to the Surgeon General that there will be need for additional forces of sanitary engineers in fhe near future, when the wafers in the Ohio Valley recede, as serious problems of sanitation are confronted. Sanitary engineers now on duty are giving particular attention to the water supplies to prevent outbreaks of typhoid and other diseases. Public Health Service medical officers are on special duty at Louisville, Cincinnati, Evansville, St, Louis, Memphis, Charleston, W. Va, Covington, Ashland, Paducah and Maysville, Ky, Sanitary engineers are on duty at Columbus, Charleston, Indianapolis, Cincinnati, Louisville, Jefferson City, Mo*, Nashville and Little Rock, Total shipments of biologic supplies from all sources have been: 688,276 doses, of anti-typhoid vaccine, 222,191 doses of small pox vaccine, 52,140 doses of diphtheria anti-toxin, 66,570 doses of diphtheria toxoid, 6,851,870 units of influenza and pneumonia serum,, 10,655 doses of tetanus anti-toxin and 400 packages of various preventive and therapeutic products* ALCOHOL TAX UNIT All Alcohol Tax agents in flood areas have been instructed to devote their services and use their automobiles in relief work in cooperation with the Coast Guard, Red Cross and other agencies, In Louisville, Alcohol Tax agents have served with the military police; in Evansville., Ind,, they are serving as aides to Capt, Leroy Reinburg, Coast Guard Commander, Enforcement work has been sus pended generally in the flood area* BUREAU OP NARCOTICS The Bureau of Narcotics has conducted a survey of supplies of codeine, required in the treatment of pneumonia and allied diseases. adequate. Supplies were found In some cases on account of the non-availability of records in flood areas it was necessary to expedite shipments through action of the Washington office* ooOoo ■IS Washington Press Service N o . 9 - 9 g' 1 4 ^*-*«4» Notice to Correspondents T”! _F.I1Bm\ /V Press Service No. 9 -47, relative to the dedication of the new narcotic farm at Fort Worth Texas, and scheduled for release for Sunday morning newspapers, January 31, may he used in Saturday afternoon newspapers, January 30. Press Service No. 9 - 47 , on Page 2, gave 17eh . 9 as the date for opening of bids on a second group of buildinr for the Fort Worth Institution. The date of opening of these bids has since been postponed to Feb. 19. TREASURY DEPARTMENT Washington Press Service No. 9-48 Notice to Editors and Correspondents. Press Service No. 9-47, relative to the dedication of the new narcotic farm at Fort Worth, Texas, and scheduled for release for Sunday morning newspapers, January 51st, may be used in Saturday afternoon newspapers, January 50th. Press Service No. 9-47, on Page 2, gave February 9th as the date for opening of bias on a second group of buildings for the Fort Worth institution. The date of opening of these bids has since been postponed to February 19th. -oQo- ALCOHOL TAX UN I T District headquarters of the alcohol '-*-ax Unit at Kansas sent all available m en into the Memphis flood today that they took charge of area. The y reported «gaMBS» rescue group including 11 boats and 2 planes and participated in the rescue of more than 200 persons f r a the Arkansas side near Memphis * ^.t Louisville MT U agents have established headquarters in the residence of A. 3. Taylor, assistant supervisor. Their first task was to locate missing agents, unable conditions. to report on account of flood Louisville distilleries not under water are distilling water for m e d i c a l end domestic use. One whisky warehouse collapsed yesterday and'severe damage has been suffered by the i n d u s t r y ^ In the Lawrenceburg, I n d ., a r e a "ATU agents reported distilleries put in service as hospitals. At Cincinnati sJÈÊBk 12 A TU Red Cross. agents with eight automobiles ere working wi t h the There are now operating with the Coast Guard Relief force approx-* imately 2000 officers and men, including 300 navy personnel#x±±h Recognizing the flood as one of the major catastrophes of thie country. Read Admiral Waesche said, the Coast Guard is rendering every assistance humanly possible o Its officers and men and facilities will r remain on the job as long as their services are required# Today’s developments included* Ohi© river at Evansville reported almostar at a standstill xttiHK by Capt# Reinburg, with a rise of #02 feet per hour#Land planes in the Evans ville area point were forced to discontinue use of the landing field at this and are basing at St#Louis and Indianapolis# Of the 23 large sea going craft ordered to the area, four have reported at Vicksburg and one at New Orleans« Lifeboats from New York City are moving into Evansville for launching for use at points i n m r d o w n the river* Lifeboats from the Great Lakes area were reported near Cape Girardeau ¿Mo• Boats of all types reporting in the flood area today include* Marietta,24j Huntington,27$ Portsmouth,©#, 4 j Cincinnati, 1© % Lawrenceburg,Ind#, 5 $ Louisville^ 18 $ Havre 1ton,Ind#, 2} Vincennes,1 $ Evansville, 76 $ Cairo, 30 and Memphis, 9 • —o— fe. * ? tfrW4ith the movement downstream of the Coast Guard relief forces which have been operating in the upper Ohio, the flniigfevflqMpd feels it will have ample boat facilities to oare for the needs of the inhabitants along the dangerous sections of the Ohio and the Mississippi rivers,** Admiral Russell R.Waesche, Commandant of the Coast Guard declared today in review ing reports from the eight flood districts set up by the Coast Guard, under Capt* Leroy Reinburg at Evansville, Ind* still in Although conditions at Evansville are a m i iiyirnpinrir the critical stage the situation in Ohio river sections above this point mem uuuh gfsr,r,ti> allww the Coast Guard to move its boats and other equipment farther down the aribntr Ohio and the Missippi from Cairo to Memphis, where the ngTt-a M K EgflnjBy crest is expected next week* 9km Work of relief agencies in the Mississippi river sectors will be accomplished with greater dispatch,Admiral Yfaesche pointed out, eepeedmUy, areas ^ B o a Q » now -.*%*«* v^uv^vu «« fields only upon the advice as consultation with local relief agencies and with the American Red Cross* ”While the first Coast guard boats sent to the Ohio river were mostly of the surfboat type," Admiral Waesehe pointed out,” the boats now moving into the Mississippi river for service at Memphis and Cairo, are of the heavy motor lifeboat type used in ocean rescue work, and aitarne sea going cutters capable of carrying from 50 to 500 refugees in evacuation work* The first boats sent into the Ohio could accomodate from 15 to 50 persons*11 2-public health Dr. Parran announced that Dr. Vi. G. Workman and Dr. V. J. Dorset, of the National Institute of Health, both of whom are health laboratory technicians, skilled in making pneumonia typing tests, havebeen detailed to duty at Louidville. They are to be work in cooperation with others of Dr.Parran’ s staff now in that area, and with State Health officers. Mayor LaGuardia of New York City, acting through Surgeon General Parran, today made available for service at Louisville five members of the New York City health engineering force. The Mayor informed Dr.Parran the gidasx engineering unit would arrange to go to Louisville at once •WM&Saev and report to MXpiXMIXIXXMMO^ Mayor Miller for duty. The New York Unit comprises: Chief Sanitary Engineer Richard H.Gould, Sanitary Engineer W.E.Donaldson, Sanitary Chemist William T. Carpenter, Sanitary Engineer F.E.Laverty and Bacteriologist Robert Shapiro. Medical units,consisting of both doctors and nurses, working back into the rural sections, far removed from the principal re lie f centers, have found considerable sickness among flood reported indicated. y ± s± k x sx sufferers, todays Emergency measures have been taken to meetthis problem Efforts w ill be made to establish emergency hospital units to take care of people in these outlying areas. ■ o- KPt~, y a / ( , Adequate supplies of biologie products -vaccin es, serums, anti-toxins, vaccination needles - are moving into the Ohio Valley flood area, from the nearest centers of supply to meet requirements of medcal of f i cers, Federal State and local, Dr. Thomas Parran, Surgeon General of the U.S.Public Health Service announced today. Dr. Parran, under whose direction a ll orders and approvals for shipments of biologic supplies is coordinated, gave the following idffiixxsjbc totals of biologic products of a ll kinds shipped tiT a ll flood areas, txx up to this date: 990.000 doses of typhoid vaccin e, sufficient to vaccinate 530,000 people, figuring three doses for each individual. 249,000 smallpox vac cination points,sufficient to innoculate an equivalent number of persons. 11,600 doses of tetanus prophylactic anti-toxin, to take care of flood victims and re lie f workers injured during the flood crisis. 70.000 doses of diphtheria toxoids, primarily used to pasBxates»? treat th*P" di»coinfga Timmng children. 58,000,000 units of diphtheria anti-toxin, in the application of which a single individual may receive as high as 20,000 units in treat ment, depending upon the xEXExidsy nature of the case. 17,400,000 units of pneumonia serum — which iskdi^inistered in large quantities of units, depending upon the requirements in invid^cases. In addition of scarlet fever serètoi, meningitis serum, influenza vaccine and vaccine for treatment of common coIds,have been moved into a ll re lie f cen ters. w c v 4-— — TREASURY DEPARTMENT Washington Hood. Memorandum No, 2 January 29, 1937. PUBLIC HEALTH SERVICE Adequate supplies of biologic products - vaccinest serums, anti-toxins, vaccination needles ~ are moving into the Ohio Talley flood area, from the nearest centers of supply to meet requirements of medical officers, Federal, State and local, Dr. Thomas Parran, Surgeon General of the U.S. Public Health:Service announced today. Dr, Parran, under whose direction all orders and approvals for shipments of biologic supplies is coordinated, gave the following totals of biologic products of all kinds shipped to all flood areas, up to this da.te; 990.000 doses of typhoid vaccine, sufficient to vaccinate 330,000 people, figuring three doses for each individual. 249.000 smallpox vaccination points, sufficient to innoculate an equivalent number of persons. 11,600 doses of tetanus prophylactic anti-toxin, to take care of flood victims and relief work carsinjured during the flood crisis. 70.000 doses of diphtheria toxoids, primarily used to treat children, 58,000,000 units of diphtheria anti-toxin, in the application of which a single individual may receive as high as 20,000 units in treatment, depending upon the nature of the case. 17.400.000 units of pneumonia serum — which is administered in large quanti ties of units, depending upon the requirements in individual cases. In addition, large quantities of scarlet fever serum, meningitis serum, influenza vaccine and vaccine for treatment of common colds, have been moved into all relief centers. Dr. Par ran announced that Dr. W.G. Workman and Dr. V. J • Dorset, of the Optional Institute of Health, both of whom are health laboratory technicians, skilled in making pneumonia tyring tests, have been detailed to duty at Louisville. They are to be working in cooperation with others of Dr. Pa.rran’s staff now in that area, and with State Health officers. Mayor La.Guapdia of Hew York City, acting through Surgen General Perran, today made available for service at Louisville five members of the New York City health engineering force. The Mayor informed Dr. Parran the engineering unit would arrange to go to Louisville a,t once and report to Mayor Miller for duty. The New York unit comprises: Chief Sanitary Engineer Richard H. Gould, Sanitary Engineer W.E.' Donaldson, Sanitary Chemist William T. Carpenter, Sanitary Engineer E.E. Laverty and Eacteriologist Robert Shapiro. Medical units, consisting of both doctors and nurses, working back into the rural sections, far removed from the principal relief centers, have found considerable sickness among flood sufferers, todays report-indicated. Emergency measures have been taken to meet this nroblem. Efforts will be made to establish emergency hospital units to take care of people in these outlying areas COAST GUARD ”With the movement downstream of the Coast Guard relief forces which have been operating in t he‘upper Ohio, the service feels it will have ample boat facilities to care for the needs of the inhabitants along the dangerous sections of the Ohio and Mississippi Rivers”, Rear Admiral Russell R. Waesche, Commandant of the Coast Guard declared today in reviewing reports from the eight flood districts set up by the Coast Guard, under Capt. Leroy Reinburg at Evansville, Ind. Although conditions at Evansville are still in the critical stage, the situation in Ohio River sections above this point allows the Coast Guard to move its boats and other equipment farther down the Ohio and the Mississippi from Cairo to Memphis, where the crest is expected next week* Work of relief agencies in the Mississippi River sectors will be accorn*^ plished with greater dispatch, Admiral Waesche pointed out, because of the vast number of men and equipment that are now in the inundated areas* The Service has directed 23 seagoing cutters from Atlantia and Gulf ports to strategic points on the Mississippi* Boats now being withdrawn from various points are ordered to new fields only upon the advice andconsulta.tion with local relief agencies and with the American Red Cross* ”While the first Coast Guard boats sent to the Ohio River were mostly of the surfboat type”, Admiral Waesche pointed out, ”the boe.ts now moving into the Mississippi River for service at Memphis and Cairo, are of the heavy motor lifeboat type used in ocean rescue work, and seagoing cutters capable of carrying from 50 to 500 refugees in evacuation work* The first boats sent into the Ohio could accommodate from 15 to 50 persons.” There are now operating with the Coast Guard Relief force approximately 2000 officers and men, including 300 Navy personnel. Recognizing the flood a,s one of the major catastrophes of this country, Rear Admiral Waesche said, ”The Coast Guard is rendering every assistance humanly possible. Its officers '•nd men and facilities will remain on the job as long as their services are required.” Todays developments included; Ohio River at Evansville reported almost at a standstill by Capt* Re inburg, with a rise of .02 feet per hour. Land planes in the Evansville area, were forced to discontinue use of the landing field at this point and are basing at St. Louis and Indianapolis. Of the 23 larvge sea. going craft ordered to the area,, four have reported at Vicksburg and one at New Orleans. Lifeboats from New York City are moving into Evansville for launching for use at points down the river. Lifeboats from the Great Lakes area were reported near Cape Girardeau, Mo. Boats of all types reporting in the flood area today include Marietta 24; Huntington 27; Portsmouth, Ohio 4; Cincinnati 10;. Lawrenceburg, Ind, 5; Louisville 18; Hazelton, Ind. 2; Vincennes 1; Evansville 76; Cairo 30 and Memphis 9. ALCOHOL TAX UNIT District headquarters of the Alcohol Tax Unit at Kansas City sent all available men into the Memphis flood area,. They reported today that they took charge of a rescue group including 11 boats and 2 planes and participated in the rescue of more than 200 persons from the Arkansas side near Memphis. At Louisville ATU agents have established headquarters in the residence of W .S•, Taylor, assistant supervisor. Their first task was to locate missing agents, unable to report on account of flood conditions. All Louisville distilleries no under water are distilling water for medical and domestic use. One whisky ware house collapsed yesterday and severe damage has been suffered by the industry. In the Lawrenceburg, Ind. area ATU agents reported distilleries put in service as hospitals. At Cincinnati 12 ATU agents with 8 automobiles are working with Secretary Morgenthau announced today that in a redistribution of duties in the Treasury Department the responsibility of the Secretary with respect to the following bureaus and divisions will be exercised through the Fiscal Assistant Secretary, Mr. Wayne C. Taylor: The Bureau of the Mint, the Bureau of Engraving and Printing, the office of the Treasurer of the United States, the office of the Commissioner of the Public Debt, the office of the Comptroller of the Currency, the office of Commissioner of Accounts and Deposits and the Division of Savings Bonds. TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Saturday, J a n u a r y 30, 19U7«, , 1-29-8?. Press Service No. 9-49 Secretary Morgen than announced today that in a redistribution of duties in the Treasury Deoartment the responsibility of the Secretary with respect to the' following bureaus and divisions will be exercised through the Fiscal Assistant Secretary, Mr. Wayne C. Taylor: The Bureau of the Mint, the Bureau of Engraving and Printing, the officer of the Treasurer of the United States, the office of the Commissioner of the I Public Debt, the office of the Comptroller of the Currency, the office of [ Commissioner of Accounts and Deposits and the Division of Savings Bonds. ooOoo 3— flood Dr. P&rran today estimated that after the waters have tssA receded, iftrryMxpBrrfrnobcsfxxioocxxfexifflsuaihsx the public health problem will continue for a period of 6 months. He saw the necessity for recruiting still larger isczgasrforces of doctors, nurses and laboratory specialists to meet the medical public health crisis that must be met in the/follow-up stage© of the pxcdsigKx flood clean-up problem. fTo meet this emergency, Dr. Parran has received stacks of telegrams, in addition to personal telephone calls from State and City health authorities in all parts of the nation, placing at his all of disposal/their resources, both in medical personnel and 3» biologic supplies. Hp to this date, the following biologic shipments have gone into fjbod relief centers and to hospital units: 1,126,000 doses of typhoid vaccine, points, 9 250,000 smallpox vaccination 16,000 doses of tetanus prophylactic anti-toxin, 70,000 doses of diphtheria toxoids, 60,000,000 units of diphtheria anti-toxin, 17,400,000 units of pneumonia serum, 13,400 doses of influenza vaccine, 3,000 doses packages of scarlet fever serum, 4,250,000^of diphtheria prophylactic,i£ h k e x x and large quantities of meningitis serum and vaccines for treatment of common colds. Todays reports from all points indicated that the flood region is these free of communicable disease epidemics. Medical officers, tiase reports saidy are giving attentifen chiefly to scattered cases of pneumonia and common colds,principally the result of exposure. Widespread application of medical preventive measures has thus far checked outbreaks of serious disease conditions. 0 8 -flood P rio r to h is departure with other members of the P re s id n t’ s committee v ia the Southern Railway fo r Memphis tomorrow morning a fo r duty SurgeanrGeneral Parran had completed a program to m ob ilize/in the flo o d areas the n a tio n ’ s best San itary Engineers,drawn and C ity personnel and from State/Boards of Health. from the ranks of Federal ¿Ohio and M is sissip p i Dr. Parran sa id th at 200 San itary Engineers now areon duty in the flo o d region^Jbst of themy^oncen tra ted in the affected ^ areas o f Kentucky, Ohio, I l l i n o i s and Indiana. About 40 engineers haiiejbeen d e ta il ed by S ta te Health O ffic e r s and have been given temporary commissions as public h ealth o f f ic e r s . Ohio. Thjte*.force has been re cru ite d from sectio n s north o f the IStanding by ready fo r immediate duty H * * are scores of engineers other/ whose se rv ic e s have been o ffe rre d by S ta te Health O ffic e rs in south tiln— U )fifti ea stern , aBdt southwestern and western S ta te s. Arrangements have been made to KHXh tran sp o rt these s p e c ia lis t s by plane to points when the emergency A demands. Immunization o f flo o d victim s moved in to camps,as w e ll as o f those in other p laces o f refu ge,h as gone forward ra p id ly under d ire c tio n o f Federal and S ta te medical o ffic e r s ,r e p o r t s from f i e l d o f f ic e r s to the Surgeon General today in d ica ted . |^Ample supplies o f immunizing serums, vaccdnes and a n ti-to x in s are being made a v a ila b le to doctors and h o sp ita l u n its in a l l l o c a l i t i e s . w e ll as Adequate stocks o f these b io lo g ic su pp lies as q u a n titie s o f preven tive medicines are being made a v a ila b le C/pPwdC to meet requirem ents, from stocks on hand a t sources o f supply. MWm X J o [(!(*] t s U. S. P u blic Health S ervice Dr. Thomas Parran, Surgeon General o f the U .S.P u blic Health Service, mem^ber o f the committee appointed by the P residen t to survey the flood region, rrm nitr1i^'trrTrrr4^ ^ today ou tlin ed the follo w in g major poin ts in the/m edical and sa n ita tio n probledb th a t confronts the Federal medical and engineering forces,cooperatin gwith the American Red Cross, Works Progress A d m in i?tratio h ^ id S ta te Depart ments o f H ealth£-£< 1 - Immediate medical and nursing care o f flo o d s u ffe re rs who have f a lle n victim s o f illn e s s o| various kinds in concentration camps or other p lace s o f refu ge. Adequate medical personnel i s on duty in c h ie f centers. 2 - Establishm ent o f san itary conditions in conceifcration camps, and in a l l l o c a l i t i e s a ffe c te d by flo o d s as waters recede and the "clean-up” progresses. 3 - R e h a b ilita tio n of water su pplies which were put out o f commisA sion and the a p p lic a tio n o f p u r ific a tio n methods under the d ir e c t supervision o f sa n ita ry engineers of the public h ealth se rv ic e s of both Federal and State Govemments#oq operating witfo -Wi Pi iu owgiwecW f 4 - R estoration to a safe h ealth b a sis o f the hundreds o f milk CWU^m »k** p a ste u riz a tio n p lan ts throughout the Ohio V a lle y ,o n both sid es of the riv e r. A 5 - Thorough sa n ita ry engineering clean-up and p u r ific a tio n of p riv a te water su p p lie s, such as wel 6 - Adequate check jap and clean-up o f sewage disp osal systems. 7 - Survey and clean-up o f w ater d is tr ib u tio n system in to homes s c ie n tific wi th / te s ts o f water in a 11 areas to insure p u b lic s a fe ty . TREASURY DEPARTMENT January 30, 1937 EOR IMMEDIATE RELEASE Flood Memorandum No, 3 Tk S. PUBLIC HEALTH SERVICE Dr. Thomas Parran, Surgeon General of the U. S. Public Health Service, member of the committee appointed "by the President to survey the flood region, today outlined the following major points in the medical and sanitation problem that confronts the Federal medical and engineering forces, cooperating with the American Red Cross, Works Progress Administra tion, the War Department, C. C. C. forces and State Departments of Health: 1 - Immediate medical and nursing care of flood sufferers who have fallen victims of illness of various kinds in concentration camps or other places of refuge. Adequate medical personnel is on duty in chief centers. 2 - Establishment of sanitary conditions in concentration camps, and in all localities affected by floods as waters recede and the "cleanup11 progresses, 3 - Rehabilitation of municipal water supplies which were put out of commission and the application of purification methods under the direct supervision of sanitary engineers of the public health services of both Federal and State Governments. 4 — Restoration to a safe health basis of the hundreds of milk pasteurization plants throughout the affected flood areas in the Ohio Valley, on both sides of the ri?er. 5 - Thorough sanitary engineering clean-up and purification of private water supplies, such as wells, in area,s bordering the Ohip River. 6 - Adequate check and clean-up of sewage disposal systems, 7 - Survey and clean-up of water distribution system into homes with scientific tests of water in all areas to insure public safety. - 2 - Prior to his departure with other members of the Presidents committee via the Southern Railway for Memphis tomorrow morning, Surgeon General Parran had completed a program to mobilize, for duty in the flood areas,the nation’s best Sanitary Engineers, drawn from the ranks of Federal personnel and from State and City Boards of Health. Dr* Parran said that 200 Sanitary Engineers now are on duty in the Ohio and Mississippi flood region. Most of them are concentrated in the affected river areas of Kentucky, Ohio, Illinois and Indiana. About 40 engineers have been detailed by State Health Officers and have been given temporary commissions as public health officers. The entire force has been recruited thus far from sections north of the Ohio. Standing by ready for immediate duty, are scores of other engineers . whose services have been offered by State Health Officers in southeastern, southwestern and western States. Arrangements have been made to trans port these specialists by plane to points needed when the emergency demands, Immunization of flood victims moved into camps, as well as of those in other places of refuge, has gone forward rapidly under direction of Federal and State medical officers, reports from field officers to the Surgeon General today indicated. Ample supplies of immunizing serums, vaccines and anti-toxins are being made available to doctors and hospital units in all localities, Adequate stocks of these biologic supplies as well as reserve quantities of preventive medicines are being made available to meet current require-, ments, from stocks on hand at sources of supply. Dr* Parran today estimated that after the wa.ters have receded, the public health problem will continue for a period of six months. He saw the necessity for recruiting still larger forces of doctors, 3- nurses and laboratory specialists to meet the public health crisis that must "be met in the medical follow-up stages of the floo^ clear,-up problem. To meet this emergency, Dr. Parran has received stacks of telegrams, in addition to personal telephone calls from State and City health authorities in all parts of the nation, placing at his disposal all of their resources, both in medical personnel and biologic supplies. Up to this date, the following biologic shipments have gone into flood relief centers and to hospital units: 1,126,000 doses of typhoid vaccine, 250,000 smallpox vaccination points, 16,000 doses of tetanus prophylactic anti-toxin, 70,000 doses of diphtheria toxoids, 60,000,000 units of diphtheria anti-toxin, 17,400,000 units of pneumonia serum, 13,400 doses of influenza vaccine, 3,000 packages of scarlet fever serum, 4,250,000 doses of diphtheria prophylactic, and large quantities of meningitis serum and vaccines for treatment of common colds. Today's reports from all points indicated that the flood region is free of communicable disease epidemics. Medical officers, these reports said, are giving attention Ohiefly to scattered cases of pneumonia and common colds, principally the result of exposure. Widespread application of medical preventive measures has thus far checked outbreaks of serious disease conditions. ooOoo TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE bLOOD MEMORANDUM NO. 4 Eebruary 1, 1937. Health conditions are generally good in the flood sections of the Ohio Valley* This was shown today by reports to the U.S. Public Health Service from field officers stationed in different districts. There is a complete absence of epidemics of communicable diseases. flood areas, illness is slightly in excess of normal. In some A relatively small percent age of the cases are in the pneumonia and influenza group. The number of cases of sickness is remarkably small considering the large number of people affected by exposure and other unfavorable conditions. Public Health officers are 'proceeding as rapidly as nossible to complete the jinnoculation of flood sufferers in concentration camps and other refugee points, against the dangers of typhoid and smallpox. The special effort has been to immun ize all people in flooded cities, villages and in rural communities, on both sides of the Ohio River, with anti-typhoid vaccine, following the breakdown and contaminartion of drinking water supplies. As the waters recede, and the ^clean-up” proceeds, every public and private water supply is being inspected. these sources of water supply. Scientific methods a.re being used to uurify Portable chlorinators are being shinned into flood relief centers in large quantities. Hospital equipment is beinc concentrated at Memphis for uossible use in caring for refugees. Additional personnel of Sanitary Engineers from ‘State Deuartments of Health are being recruited and requested to stand by for orders if they are needed in the forthcoming ”cleaning-up” of cities and towns. Quarantine boats from various Gulf stations of the U.S. Public Health Service are being concentrated at at New Orleans and Memphis for nossible duty. _ Conditions in flood regions and emergency steps taken to meet varying situa tions, as shown by todays reports, are summarized below: Sikeston, Mo. U.S. Public Health Service Sanitary Engineer L.H. Male said: [Flood conditions not acute, unless levee near Hew Madrid breaks. Ho public water YIPA labor disinfecting private water supplies. supply out of commission. Sanitary [engineers directing preventive program in 8 counties. Lexington, Ky. A total of 467 prisoners from State Reformatory, at Frankfort, lare "being cared for at U.S. Public Health Service Hospital at Lexington. crowded beyond capacity. Supplementing Federal guard force, a. force from Hational luerd called in for proper custody of State prisoners. bf the hospital, 260 are ill of influenza. Msysville, Ky. Of the 922 regular inmates State prisoners segregated. Dr. H.F. Fraser, U.S. Public Health medical officer, reported: Over 90 per cent of inhabitants innoculated for typhoid. pillages being innoculated. rapidly as possible. Over People in neighboring Sanitary engineers chlorinating individual cisterns, As water recedes buildings are inspected, and if dangerous, lie posted. Louisville, Ky. lervice, reported: »or duty. Dr. Robert Olesen, Asst, Surgeon General, U.S, Public Health County health units in dry areas have moved to flood sections Temporary hospitals for sick in charge of competent physicians and nurses Established at many points, Similar service provided in refugee camps. evidence of excess meningitis in southeastern Kentucky. Some Best information discloses general disease rate only slightly above normal, the excess being due to pneumonia »¿d chronic illness. General health in refugee camps is satisfactory. ■nd nursing service apparently apple. Medical Sanitary Engineer Hoskins expects Louisville1 »rippled water system to resume operation by Wednesday. Indianapolis, Ind. Four Sanitary Engineers, loaned by Michigan State Health Ifficer, arrived and are on duty in flood zone. Forest City, .Ark..- U.S.- Public Health Service Sanitary Engineer H»H. Old, reported:. Health program organized for conditions expected with the crest of flood reaching critical points Wednesday to Friday. Trumann,. Ark.., water system is only public water supply in this area out of commission.. Cincinnati, Ohio. officer, reported: Hr. C.C.- Applewhite, U.S. Fublic Health Service medical Ho abnormal number of cases of illness in flooded area. A few cases of scarlet fever, diphtheria, chickenpox, influenza and pneumonia have been reported. Most of illness of minor nature. "clean-up*1 as waters subside in flood areas.- Sanitary engineers completed elans for La.rge squads of ¥?A relief workers will be employed in restoring sanitary conditions. Augusta, K y . Evacuated refugees moved to camps in higher ground have been innoculated for typhoid. Yanceburg, Ky. Private wells used for water supply has been chlorinated. Rehabilitation of homes proceeding slowsly. Newport, Ky, Approximately 3,500 doses of typhoid vaccine given residents. Dwellings cannot be re-occupied unless health department permits.. Genera! health onditions excellent -4~ PROCUREMENT LIVISION Federal "buildings at Cincinnati and Portsmouth, Ohio; Catlettshurg., L o u isv ille and Paducah, Kentucky; Parkersburg, 17. Virginia; and New Albany, Ind., are flooded to depths of from 3 to 11 feet above the first floor level. Buildings all along the Ohio Valley report flooded basements. damage cannot be ascertained until the flood recedes. The exact Negotiations are already under way with WPA authorities for nclean~UDn work and orders have been issued to Procurement field engineers to have necessary temporary renair work done as an emergency matter so'that ooera.tion of buildings may be resumed iimnedia.tely. Old Federal buildings a.t Portsmouth, Ohio, Clarksburg, Tenn and Louisville* Ky, have been turned over for relief work, housing of refugees, etc. At Lexington the old Federal building is being used for housing a. oortion of the nrisoners evac.un.ted from the Frankfort reformatory. COAST GUARE Lieut, G-eorge Bowerman, ilying a, V—150 olane, left Bolling Field, Washington, this afternoon, with a supply of 20,000 doses of anti-typhoid vaccine for Louisville, The supuly of vaccine was furnised by the Army Medical Center in Washington, ooOoo TREASURY DEPARTMENT fo r i m m e d i a t e release Washington February 2, 1937. FLOOD MEMORANDUM NO. 5. Water systems in 94 cities and towns, with a combined population of 1,401,756 people, are entirely out of commission, by being submerged by water in States affected by floods, todays report to the U.S. Public Health Service disclosed. In 21 other cities and towns with total populations of 207,000, the water systems have been restored to operation, under the supervision of U.S. Public Health sanitary engineers and localhealth officers. In cities where water systems are out commission, drinking water is being supplied from tank cars cr trucks or is being pumped from wells that have been chlorinated under supervision of medical officers and sanitary engineers. The Surgeon General of the U.S. Public Health Service now has at work in seven States of the flood area, 159 Public Health specialists — - medical officers, sanitary engineers andsanitarians. This force is working closely of with those/other Federal and State cooperating agencies. Among those on duty in various relief centers are 40 Sanitary Engineers recruited from State Departments of Health and 7B Sanitarians from Works Progress Administration projects. Health conditions throughout the flood area continue to be very satis factory, all oi5 todays reports indicated. normal. Disease incidence remains about A slight increase in pneumonia, reported from some districts,. prevails mostly among elderly people or as a result of chronic illness. «P -2Medical preventive programs now being carried forward rapidly in all flood districts, through the vaccination of entire populations of affected cities and towns to combat the dangers of typhoid,, smallpox, diphtheria and other diseases, is expected to keep thedisease rate at a low mark.. On the basis of medical experience gained in previous floods, through similar disease-prevention measures, it is not anticipated that there will be any serious disease outbreaks of communicable type. Medical units in all centers are being supplied with abundant shipments of vaccines, anti-toxins and serums. Shipments of biologic products have been moving into the flood states by plane and rail sufficient to meet all requirement Sé 00O 000 I TRIASTJKT V i « Washington IDE RELEASE, MORNING NEWSPAPERS, Tuesday. February. .193.7,---2/1/37 Press Service f'SD Acting Secretary of the Treasury Taylor announced last evening that the tenders for #50,000,000, or thereabouts of 273-day Treasury bills, dated February 3 and maturing November 3, 1937, which were offered on January 3$, were opened at the Federal Reserve banks on February 1* The total amount applied for was #191,8 5 5 »000, of which |50,385,000 was accepted» The accepted bids ranged in price from 99.760, equivalent to a rate of about 0.316 per cent per annum, to 99.694, equivalent to a rate of about 0.404 percent per annum, on a bank discount basis. Only part of the amount bid for at the latter price was accepted. The average price of Treasury bills to be issued is 99.696 and the average rate is about 0*401 percent per annum on a bank discount basis. TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Tuesday, February 2, 193?, . 2-1-37. Press Service Eo. 9-50 Acting Secretary of the Treasury Taylor announced last evening that the tenders for $50,000,000, or thereabouts, of 273-day Treasury bills, dated February 3 and manuring November 3, 1937, which were offered on January 29, were opened at the Federal Reserve Banks on February 1. The.total amount applied for was $191,855,000, of which $50,385,000 was accented* The accented bids ranged in price from 99.760, equivalent to a rate of about 0.316 percent per annua, to 99.694, equivalent to a rate of about 0,404 percent per annum, on a. bank discount basis. Only part of the amount bid for at the latter price was accepted. .The average price of Treasury bills to be issued is 99.696 and the average rate is about 0.401 percent per annum on a bank discount basis. 0 0 r 00 SECRET SERVICE After having increased for several years, the amount of counterfeit money decreased sharply during 1936# During 1935 counterfeit money seized "by the Secret Service totalled $1,342,301, During 1936 seizures amounted to $695,515.26, of which $606,965 were notes. Notes amounting to $92,651 and coins amounting to $35,763 were seized before they entered circulation. INTELLIGENCE UNIT The Intelligence Unit of the Bureau of Internal Revenue during 1936 reported the indictment of 167 persons for income tax violations. In income tax cases brought to trial there were 75 convictions and six acquittals. There were also 42 convictions and one acquittal in other cases involving Internal Revenue laws. During 1935 there were 35 convictions and seven acquittals in income tax cases? 73 convictions and 15 acquittals in other cases. Tax evaders, as in previous years, represented widely varied lines of business and professional life and operators in such illegal activities as policy and lottery operators, bootleggers and illicitly produced oil and gasoline. ooOoo -4~ COAST GUARD The virtually complete collapse, during 1936, of the organized attempts to smuggle foreign alcohol is reflected in seizures reported "by the Coast Guard, Following are comparative statistics for the last two years: January February March April May June July August September October November Dec emb er In addition 1935 1936 18 22 25 29 31 13 14 12 14 8 10 9 h 5 5 2 2 3 0 1 0 0 1 1 to the individual operations of the service listed above, the Coast Guard participated in operations with other law enforcement agencies duringj 1936 which resulted in the seizure of 8 arrests and the apprehension of 10 aliens. vessels, 49 vehicles, 275 stills, 171 The total value of property seized these joint operations was $55,460. BUREAU OF CUSTOMS Total Customs seizures during 11 months of 1936, including the liquor and narcotic seizures reported separately, numbered 11,600, valued at $1,591,601seizures for the same period in 1935 numbered 17,272» valued at $1,655,963. during the entire year 1936 wesro 758 as against 1,005 in 1935, ^ Arres -3LIQ.UOA OPEdATIONS During the latter part of 1936 Alcohol Tax Unit enforcement operations were concentrated in a group of states in which large numbers of illicit stills were known to exist. As a result still seizures in these states increased materially while those in other sections declined, the total number of seizures remaining virtually unchanged from 1935, The quantity of mash seized in connection with illicit stills, regarded as the best available index of non-tax paid output, showed a 29 per cent decrease as compared with 1935, and the quantity of spirits seized showed an even greater decrease, following are comparative statistics. 1935 1936 16,565 16,670 904,295 569,623 19,024,225 13,564,562 4,606 4,397 563 469 $4,993,232 $4,249,656 33,604 31,302 Stills seized Distilled spirits seized (Gals.) Mash seized (Gals.) Automobiles seized Trucks seized Value of property seized Persons arrested Although important captures of alcohol laden smuggling craft were made early in the year, just prior to the abandonment iof this traffic, Oustoms CD son covering the first 11 months of each calendar Following is a compari s statistics show a notable decrease in liquor seizures. J.93& 1935 113,231 90,994 $990,674 $405,620 46 14 Value $120,714 $106,070 Automobiles seized in liquor cases (value) $ 42,994 $ 9,906 Airplanes seized in liquor cases (l each year) $ $ 500 Alcohol and spirits seized (gallons) Value Boats seized in liquor cases 1,650 NARCOTICS ENFORCEMENT Reduced seizures and increased prices on the illicit narcotic market featured 1936 operations of the Bureau of Narcotics in enforcing the Harrison Act and allied statutes. Following are comparative statistics of the last two years: 1935, 1936 Violations reported (ll months) 5,616 5,160 Convictions (10 months) 2,560 2,362 Sentences (in years) 4,669 Fines Purchases and seizures (12 months) Crude opium Ounces Smoking opium f Medicinal opium 11 Morphine ,r Heroin M Cocaine n Other narcotics H Average prices of narcotic drugs on the illicit market (per ounce) Morphine Heroin Cocaine Crude opium (per lh*) Prepared opium (per &-tael tin) i 4 003 » $171,510 $110,104 917 3,656 20 639 1,446 20 6 569 465 25 167 6SB 7 13 $65*'$100 $35~$50 $65-$65 $65-$100 $100-$125 $60-$145 $16~$90 $40~$100 $75-$100 $65~$125 Commissioner Harry J. Anslinger reported: The trend of the traffic during 1936 indicated:'' TREASURY DEPARTMENT Washington EOft RELEASE, MORNING NEWSPAPERS, Sunday, February 7, 1937._____ Press Service N o • 9-51 2-4-37. Further coordination of operations by Treasury Department law enforcement agencies and the launching of intensified concerted efforts to combat narcotic smuggling were outstanding developments of the work of these services during the calendar year 1936. For the purpose of facilitating cooperative work, each of the services operating throughout the United States has 15 districts, covering identical territory, and with a few exceptions, each has its headquarters offices in the same cities. These cities are Boston, New York, Philadelphia, Newark, Balti more, Atlanta, Louisville, Cleveland, Chicago, New Orleans, Kansas City, St* Paul, Denver, San Francisco and Seattle. I In the greater number of these cities I the Coast Guard also is represented by officers designated as coordinators. Further coordination has been secured by transferring the personnel of the I Customs Border Patrol, which formerly operated under individual Collectors of Customs, to the Customs Agency Service, the investigative branch of the Bureau I of Customs. The intensified drive against narcotics smuggling saw a large number of Coast Guard vessels, including some of the new 327-foot cutters, and additional! personnel sent to strategic points on the Pacific, and appropriate steps taken I on varied fronts to meet other phases of the narcotics problem* Other accomplishments during the recent year included: The virtual disappearance from the Atlantic Coast of foreign alcohol smuggling vessels* J A marked reduction in the amount of counterfeit money. Increasing success in combatting tax evasion. year. I A y Further coordination of operations by Treasury Department law enforcement agencies and the launching of intensified concerted efforts to combat narcotic smuggling were outstanding developments of the work of these services For the purpose of facilitating cooperative work, each of the services operating throughout the United States has 15 districts, covering identical territory, and.each wifeh ***? ■■ headquarters offices in the same c These cities are Boston, New York, Philadelphia, Newark, Baltimore, Atlanta, Louisville, , Chicago, New Orleans, Kansas City, St# Paul, Denver, San Francisco and Seattle# In the greater number of these cities the Coast Guard also is represented by officers designated as coordinators# Further coordination has been secured by transferring the personnel of the Customs Border Patrol, which formerly operated under individual Collectors of Customs, to the Customs Agency Service, the investigative branch of the Bureau of Customs• The intensified drive against narcotics smuggling saw a large number of Coast Guard vessels, including some of the new 327-foot cutters, and additional personnel sent to strategic points on the Pacific, and appropriate steps taken on varied fronts to meet other phases of the narcotics problem# - 2 - Other accomplishments during the recent year in- eluded: The virtual disappearance from the Atlantic Coast of foreign alcohol smuggling vessels# A marked reduction in the amount of counterfeit money# Increasing success in combatting tax evasion. The following resume presents some of the work of the agencies during the year. - 5 - Narcotics Enforcement Reduced seizures and increased prices on the illicit narcotic market featured 1956 operations of the Bureau of Narcotics in enforcing the Harrison Act and allied statutes* Following are comparative statistics of the last two years: 1935 1936 Violations reported (11 months) 5,00.8 5,180 Convictions (10 months) 2,560 2,362 Sentences (in years) 4,689 4,003 #171,510 #110,104 917 3,856 589 465 25 167 Fines Purchases and seizures (12 months) Crude opium (ounces) Smoking opium (ounces) Medicinal opium (ounces) Morphine (ounces) He ro in (ounce s ) 20 839 1,448 666 20 8 Cocaine (ounces) Other narcotics (ounces) 7 13 Average prices of narcotic drugs >■) Morphine Heroin #65-$100 #35-50 f65-|85 Cocaine Crude opium (per lb®) Prepared opium (per 5 - t % l tin) # 8 5-# 10 0 #60»#: #18-$' #40-#. #75-#. #100-^125 #65-#. Commissioner Harry J • Anslinger reported: ”Tne trend of the traffic during 1936 indicated: f,'l Increasing adulteration of heroin* ”2 Further shortage in the illicit traffic. ”3 H eavy p r e s s u r e on t h e l e g i t i m a t e s t o c k s .” Narcotics seizures by the Bureau of Customs, which is charged with preventing illegal entry into this country, indicated increased efforts to smuggle drugs. Following are statistics for the first eleven months of each calendar year Narcotics seized (ounces) Value Automobiles seized in narcotic cases 1955 10,596 $90,799 102 1936 13,325 $104,220 95 Liquor Operations • aflBH BilH lIttJL^JEL m our m g the latter part of 1 * -ALcohol Tax Unit enforcement operations were concentrated in a group of states in which large numbers of illicit stills were known to exist. As a results still seizures in these states increased materially while those in other sections declined, the total number of seizures remaining virtually unchanged from 1935. quantity The of ma s h seized in connection with illicit stills, regarded as the best .index of BBsiBSi non-tax output, the showed a 29 per decrease as compared with 1935, and quantity of spirits seized^an even greate- decrease. following ere comparative statistics: 7 5 ls by the Alcohol T a x x g i i t during 1936 were virtually unchanged from 1935.^^^rlftatistics as to^SlSssh and spirits seized inj during 1 9 3 6 ;e that the illicit output was svèller owing are cornuat J ~ B e two caljjphoar years: 1935 Stills seized 1936 16,585 16,670 904,295 • 589,823 19,024,225 13,564,562 Distilled spirits seized (Gals .) Mash seized (Gals.) s Automobiles seized 4, 608‘ Trucks seized Value of property seized 4,397 563 489 $4,993,232 $4,249,856 33,804 31,302 Persons arrested Although important captures of alcohol laden smuggling craft were made early in the year, just prior to the abandonment of this traffic, customs statistics show a notable decrease in liquor seizures. Following is a comparison covering the first 11 months of each calendar year: 1935 1936 Alcohol and spirits seized (gallons) 113,231 Value $990,674 Boats seized in liquor cases 48 Value 120 714 Automobiles seized in liquor cases (value) $42.994 Airplane seized in liquor cases (1 each year) $1,850 90,994 $405,620 14 108,070 $9,908 $500 - 6 - Coast Guard - The virtually complete collapse, during 1936, of the _ ||| o r g a n iz e d d s m u g g l i n g ^ foreign alcohol is reflected in seizures reported Toy the Coast Guard* Follporing are comparative statistics for the last two years: 1935 41 Vessels seized $127,241 Value Foreign alcohol and liquor seized 43,773 gals . $517,834 Value $658,720 Total value of all seizures 1936 14 $22,000 10,689 gals • $47,021 $72,524 The breakdown of alcohol smuggling is further indicated by the monthly reports of Coast Guard during each of the two years V V showing the number of foreign vessels, listed as alcohol smugglers in the Atlantic Coast area* These figures are as follows 1935 18 22 25 29 31 13 14 12 14 8 10 9 January February March April May. June July August September October November December • 1936 .8 5 5 2 2 3 0 1 0 0 1 1 In addition to the individual operations of the service listed aboye, the Coast Guard participated in operations with other law enforcement agencies during 1936 which resulted in the seizure of vessels, 49 vehicles, 275 stills, 171 arrests and the apprehension of 10 aliens* The total value of property seized in these joint operations was $55,460* 7 Bureau of Customs Total Customs seizures during 11 months of 1936, including the liquor and narcotic seizures reported separately, numbered 11,600, valued at $1,591,601« The seizures for the same period in 1955 numbered 17,272 valued at $1,655,963* Arrests during the entire year 1936 numbered 758 as against 1,005 in 1935* Secret Service After having increased for several years, the amount of counterfeit money decreased sharply during 1956. 1935 counterfeit money seized totalled $1,342,801. During During U 1936 seizures amounted to $695,515.2^ of which $606,965 were notes. Notes amounting to $92,651 and coins amounting to $35,768 were seized before they entered circulation. 9 Intelligence Unit The Intelligence Unit of the Bureau of Internal Revenue during 1936 reported the indictment of 167 persons for income tax violations. In income tax cases brought to trial there were 75 convictions and six acquittals. There were also 42 convictions and one acquittal in other cases involving Internal Revenue laws. During 1935 there were 35 convictions and seven acquittals in income tax cases; 73 convictions and 15 acquittals in other cases. Tax evaders, as in previous years, represented widely varied lines of business and professional life and operators in such illegal activities as policy and lottery operators, bootleggers and illicitly produced oil and gasoline# ooOoo TREASURY DEPARTMENT Washington FOR RELEASE, MORNING- NEWSPAPERS, Sunday, February 7,. 1937._______ 2-4-37. Press Service No. 9-51 Further coordination of operations by Treasury Department law enforcement agencies and the launching of intensified concerted efforts to combat narcotic smuggling were outstanding developments of the work of these services during the calendar year 1936. For the purpose of facilitating cooperative work, each of the services operating throughout the United States has 15 districts, covering identical territory, and with a few exceptions, each has its headquarters offices in the same cities. These cities are Boston, New York, Philadelphia, Newark, Balti more, Atlanta, Louisville, Cleveland, Chicago, New Orleans, Kansas City, St. Paul, Denver, San Francisco and Seattle. In the greater number of these cities the Coast Guard also is represented by officers designated as coordinators. Further coordination has been secured by transferring the personnel of the Customs Border Patrol, which formerly operated under individual Collectors of Customs, to the Customs Agency Service, the investigative branch of the Bureau of Customs. The intensified drive against narcotics smuggling saw a large number of Coast Guard vessels, including some of the new 327—foot cutters, and additional personnel sent to strategic points on the Pacific, and appropriate steps taken on varied fronts to meet other phases of the narcotics problem. Other accomplishments during the recent year included: The virtual disappearance from the Atlantic Coast of foreign alcohol smuggling vessels. A marked reduction in the amount of counterfeit money. Increasing success in combatting tax evasion. The following resume presents some of the work of the agencies during the year. NARCOTICS ENFORCEMENT Reduced seizures and increased prices on the illicit narcotic market featured 1936 operations of the Bureau of Narcotics in enforcing the Harrison Act and allied statutes. Following are comparative statistics of the last two year s t 1935 1936 Violations reported (11 months) 5,313 5,130 Convictions (10 months) 2,560 2,362 Sentences (in years) 4,639 4,003 $171,510 $110,104 917 3,356 20 ^39 1,443 20 ^ 539 465 25 167 $65-$100 $35~$50 $65-$35 $35-$100 $100-$125 $60~$145 $19_$90 $40-$100 $75~$100 $65-$125 Fines Purchases and seizures (12 months) Crude opium Ounces Smoking opium 11 Medicinal opium ” Morphine ” Heroin ” Cocaine n Other narcotics w Average prices of narcotic drugs on the illicit market (per ounce) Morphine Heroin Cocaine Crude opium (perlb.) Prepared opium(per5-tael tin) 6S6 7 13 Commissioner Harry J. Anslinger reported: ”The trend of the traffic during 1936 indicated: % Increasing adulteration of heroin. 112 Further shortage in the illicit traffic. #3 Heavy pressure on the legitimate stocks.” Narcotics seizures by the Bureau of Customs, which is charged with pre venting drugs. illegal entry into this country, indicated increased efforts to srnuggl Following are statistics for the first eleven months of each calendar year: Narcotics seized (ounces) Value Automobiles seized in narcotic cases 1935 10 ,.596 1936 13,325 $90,799 $104,220 102 95 -3LI QUOA OPERATIONS During the latter part of 1936 Alcohol Tax Unit enforcement operations were concentrated in a group of states in which large numbers of illicit stills were known to exist. As a result still seizures in these states increased materially while those in other sections declined, the total number of seizures remaining virtually unchanged from 1935. The quantity of mash seized in connection with illicit stills, regarded as the best available index of non-tax paid output, showed a 29 per cent decrease as compared with 1935, and the quantity of spirits seized showed an even greater decrease. Followihg are comparative statistics. 1935 1936 16,.5^5 16,670 904,295 539,323 19,024,225 13,564,562 4,603 4,397 563 439 $4,993,232 $4,249,356 33,304 31,302 Stills seized Distilled spirits seized (Gals.') Mash seized (Gals.) Automobiles- seized Trucks seized Value of property seized Persons arrested Although important captures of alcohol laden smuggling craft were made of this traffic, Customs early in the year, just prior to the abandonment < statistics shoHr a notable decrease in liquor seizures. Following is a compari son covering the first 11 months of each calendar year: 1935 3.93$ 113,231 90,994 $990,674 $405,620 43 14 Value $120,714 $103,070 Automobiles seized in liquor cases (value) $ 42,994 $ 9,903 Airplanes seized in liquor cases (l each year) $ $ 500 Alcohol and spirits seized (gall<ons) Value Boats seized in liquor cases 1,350 COAST GUARD The virtually complete collapse, during 1936, of the organized attempts.to smuggle foreign alcohol is reflected in seizures reported hy the Coast Guard. Following are comparative statistics for the last two years; 1935 41 $127,241 43,773 gals. $517,334 $65Rr720 Vessels seized Value Foreign alcohol and liquor seized Value Total value of all seizures 1936 14 $2 2 ,0 0 0 10,639 gals. $47,021 $72,524 The breakdown of alcohol smuggling is further indicated hy the monthly' reports of Coast Guard during each of the two years, showing the number of foreign vessels, listed as alcohol smugglers, in the Atlantic Coast area. These figures are as follows: January February March April May June July August September Octob er November December In addition 1935 1936 13 22 25 29 31 13 14 12 14 q 10 9 q 5 5 2 2 3 0 1 0 0 1 1 to the individual operations of the service listed above, the Coast Guard participated in operations with other law enforcement agencies during 1936 which resulted in the seizure of 8 arrests and the apprehension of 10 aliens. vessels,, 49 vehicles, 275 stills, 171 The total value of property seized in these joint operations was $55,460. BUREAU OF CUSTOMS Total Customs seizures during 11 months of 1936, including the liquor and narcotic seizures reported separately, numbered 11,600, valued at $1,591,601. seizures for the same period in 1935 numbered 17,272> valued at $1,655,963.. during the entire year 1936 wore 753 as against 1,005 in 1935. . The Arrest ~5~ SECRET SERVICE After having increased for several years, the amount of counterfeit money decreased sharply during 1936. During 1935 counterfeit money seized by the Secret Service totalled $1,342,301. During 1936 seizures amounted to $695,515.26, of which $606,965 were notes. Notes amounting to $92,651 and coins amounting to $35,763 were seized before they entered circulation. INTELLIGENCE UNIT The Intelligence Unit of the Bureau of Internal Revenue during 1936 reported the indictment of 167 persons for income tax violations. In income tax cases brought to trial there were 75 convictions and six acquittals. There were also 42 convictions and one acquittal in other cases involving Internal Revenue laws. During 1935 there were 35 convictions and seven acquittals in income tax cases; 73 convictions and 15 acquittals in other cases. Tax evaders, as in previous years, represented widely varied lines of business and professional life and operators in such illegal activities as policy and lottery operators, bootleggers and illicitly produced oil and gasoline. ooOoo INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTH OF JANUARY 1937. Date of Failure First National Bank of Gulfport, Miss. Montour Natfl Bank, Montour Falls, N.Y. City National Bank, Spokane, Wash. Farmers Nat*l Bank, Fairfax, S. D. 8-9-32 5-1-36 11-20-30 2-1-34 Total disbursements including Offsets allowed $1,116,791.00 24,310.00 192,418.00 11,217.00 Per cent Total dis bursements to totali Liabilities Per cent dividends declared to all Claimants 47.65 102.04 11.0287 102*0971 76180273 21.179 75.35 36.07 NOTE: Depositors a”* creditors of record were paid in full by assumption of liabilities by another Bank. Receivership for purpose of collecting assessment ^on stockholders to enable payment of deficit in assets sold. This applies to each of the four banks named above. INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED Oil RESTORED TO SOLVENCY DURING THE MONTH OF ________________ JANUARY. 1957______________ Late of Failure: Total Disbursements Including Offsets Allowed: Per Cent Total Dis bursements To Total Liabilities: Per Cent Dividends Declared To All Claimants $ 293,274.00 310,635.00 149,924.00 221,935.00 61,996.00 106.15 105.97 106.52 99.68 57.58 111.25 109.8 108.44 100. 6.9 12-18-30 11-15-33 5-15-29 1-9-31 3-9-31 404,020.00 903,172.00 149,871.00 133,890.00 515,209.00 83.05 105.73 41.14 72.72 77.88 76.52 108. 15. 66.88 72.32 First-Exchange Nat’l Bk., Coeur d’Alene, Idaho First National Bank, Graettinger, Iowa g j Peoples Nat’l Bk.of Winston, Winston-Salem, N.C. Morris National Bank, Morris, Minnesota g / First National Bank, Humboldt, Iowa g j 1-19-29 10-30-33 6-29-31 1-2-34 10-24-33 942,560.00 151,539.00 539,633.00 199,742.00 955,710.00 91.57 101.47 46.10 86.52 101.6 88.2 103.6 17.535 73.89 102.65 Third National Bank, New London, Ohio 7-20-31 374,973.00 84.41 84.17 Nat’l Bank of Shawneetom, Shawneetown, 111. Peoples National Bank, Bronson, Mich, g j First National Bank, Ransom, 111. g j Hopewell Nat’l Bank, Hopewell, Pa. First National Bank, Letcher, S. Dak. First National Bank, Caruthersville, Mo. Chevy Chase Svgs. Bank, Washington, D. C. First National Bank, Aubnmdale, Florida First National Bank, Floyd, Iowa Citizens National Bank, Wilmington, Ohio gj g/ 9-21-34 5-9-34 11-1-33 12-3-31 9-27-32 i gj Formerly in Conservatorship. (5) an additional dividend of 2*0971 per cent. Total disbursements -under this Receivershd aggregated $24,310.00, representing 102.04 per cent of total liabilities. CITY NATIONAL BARK, Spokane, Washington. I Depositors and creditors of record were paid in full by assumption of liabilities! by another bank. Receiver was appointed November 20, 1930 for the purpose of collectia a stock assessment covering deficiency in value of assets sold and/or to complete un- I ( (aa *4m ** v -6sK4(1 finished liquidation. Dividend payments to the sole creditor J sDefcp$aaiy^£>ataBj4>e-) amounted to 76.80273 per cent principal. Total disburse-] ments under this Receivership aggregated $192,418.00, representing 75.35 per cent of total liabilities. FARMERS NATIONAL BANK, Fairfax, South Dakota. Depositors and creditors of record were paid in full by assumption of liabilities by another bank. Receiver was appointed February 1, 1934 for the purpose of collects a stock assessment covering deficiency in value of assets sold uri/or to coipleteun*finished liquidation. Dividend payments to the sole creditor ( T k f e r * y amounted to 21.179 per cent principal. Total disbursements under thii Receivership aggregated $11,217.00, representing 36.07 per cent of total liabilities. (4) in Conservatorship. It was finally placed in Receivership January 2, 1934* Depositors and other creditors received 73*89 per cent principal. Total payments to creditors, including offsets allowed, aggregated $199,742*00, representing 86*52 per cent of tots: liabilities. FIRST RATIONAL BARK, Humboldt, This bank did not reopen after the banking holiday of March, 1933 and was placed in Conservatorship. It was finally plaoed in Beceivership October 24, 1933. Depositoi| and other creditors received 100 per cent principal with interest amounting to an additional dividend of 2.65 per cent. Total payments to creditors, including offsets allowed, aggregated $955,710.00, representing 101.6 per cent of total liabilities. THIRD RATIONAL BARK, Rew London, Ohio. This bank was placed in Beceivership July 20, 1931. Depositors and other credito received 84.17 per cent principal. Total payments to creditors, including offsets allowed, aggregated $374,973.00, representing 84.41 per cent of total liabilities. FIRST RATIONAL BARK OF GULFPORT, Gulfport, Mississippi. Depositors and creditors of record were paid in full by assumption of liabilities by another bank. Receiver was appointed August 9, 1932 for the purpose of collecting a stock m assessment covering deficiency in value of assets sold and/or to comolete unfinishe liquidation. Dividend payments to the sole creditor amounted to 11.0287 per cent principal. Total disbursements under this Receivership aggregated $1,116,791.00 (derived mainly from the sale of collateral) or 47.65 per cent of total liabilities. MONTOUR NATIONAL BARK, Montour Falls, Rew York. Depositors and creditors of record were paid in full by assumption of liabilities by another bank. Receiver was appointed May 1, 1936 for the purpose of collecting a stock assessment covering deficiency in value of assets sold and/or to complete unfinished liquidation. Dividend payments to the sole creditor ( “ IhjL U /V K ) amounted to 100 per cent principal with interest amounting to (3) ilB ST HATIom BAHK, Auburndale, F lo rid a . This hank -was placed in Receivership May 15, 1929* Depositors and other creditoj J, received, including offsets allowed, the Siam of $149,871*00 representing 41*14 per cenJ of the total liabilities* Unsecured depositors received 15 per cent of their claims.)! FIRST NATIONAL BAM, Floyd, Iowa. This hank was placed in Receivership January 9,1931* Depositors and other creditoj received 66*88 per cent principal* Total payments to creditors, including offsets allowed, aggregated $133,890.00, representing 72.72 per cent of total liabilities. CITIZENS NATIONAL BAM, Wilmington, Ohio. This bank was placed in Beceivership March 9,1931. Depositors and other creditors •principal* received 72.32 per cent/ Total payments to creditors, including offsets allowed, aggregated $515,209*00, representing 77*88 per cent of total liabilities. FIRST-EXCHANGE NATIONAL BAM, Coeur d’Alene, Idaho. This bank was placed in Beceivership January 19,1929. Depositors and other creditors received 88*2 per cent principal* Total payments to creditors, including offsets allowed aggregated $942,560*00, representing 91.57 per cent of total liabilitie FIRST NATIONAL BAM, Graettinger, Iowa. This bank did not reopen after the banking holiday of March, 1933 and was placed Mttytod piiist# to in Conservatorship * It was finally placed in Receivership October 30, 1933. DepositoiM and other creditors received 100 per cent principal, with interest 23DQQDCX amounting t l an additional dividend of 3.6 per cent. Total payments to creditors, including offset« allowed, aggregated $151,539.00, representing 101.47 per cent of total liabilities. PEOPLES NATIONAL BAM OF WINSTON, Winston-Salem, North Carolina. This bank was placed in Receivership June 29, 1931* Depositors and other creditor I received, including offsets allowed, the sum of $539,633.00 representing 46.10 per ceni j of total liabilities. Unsecured depositors received 17.535 per cent of their claims. £ MORRIS NATIONAL BAM, Morris, Minnesota. This bank did not reopen after the banking holiday of March, 1933 and was place ( 3) $1,571.00 together w ith the a s s e ts remaining u n c ille c t e d . FIRST NATIONAL BANK, Ransom, I l l i n o i s . This hank did not reopen a f t e r the hanking h o lid a y o f March, 1933 and was placed in Conservatorship. I t was f i n a l l y p laced in R eceivership November 1 , 1933. Depositor and other c re d ito rs were p aid 100 per cent p rin c ip a l w ith in te r e s t in f u l l amounting! an a d d itio n a l dividend o f 8.44 per c e n t. T o tal payments to c r e d it o r s , including offsJ allow ed, aggregated $149,924.00, and the stockholders received the sum o f $1,790.00 together w ith the a s s e ts remaining u n c o lle c te d . HOPEWELL NATIONAL BANK, Hopewell, Penn sylvan ia. This hank was p laced in R eceivership December 3 , 19 3 1. c re d ito rs were p aid 100 per cent p r in c ip a l. D epositors and other T o tal payments to c r e d ito r s , including o ff s e t s allow ed, aggregated $221,935.00#represanting 99.68 per cent o f t o ta l l ia b i l it i e s FIRST NATIONAL BANK, L e tc h e r, South Dakota. This hank was p laced in R eceivership September 27, 1932. D epositors and other c re d ito rs re c e iv e d , in clu d in g o f f s e t s allow ed, the sum o f $61,996.00 representing 57.58 per cent o f the t o t a l l i a b i l i t i e s . Unsecured d ep ositors re ce iv e d 6.9 per cent o f th e ir cla im s. FIRST NATIONAL BANK, C a r u th e r s v ille , M issou ri. This bank was p laced in R eceivership December 18 ,1930 . c re d ito rs were p aid 76.52 p er cent p r in c ip a l. D epositors and other T otal payments to c r e d ito r s , including o f f s e t s allow ed, aggregated $404,020.00»representing 83.05 per cent o f t o ta l lia b ilitie s . CHEVY CHASE SAVINGS BANK, Washington, D. C. This bank did not reopen a ft e r the banking h o lid a y o f March, 1933 and was placei in Conservatorship. I t was f i n a l l y p laced in R eceivership November 1 5 , 1933. D epositors and other c re d ito rs were paid 100 per cen t p rin c ip a l w ith in te re s t in fuLl amounting to an a d d itio n a l dividend o f 8 per c e n t. o f $7,950.00 together w ith the a s s e ts remaining u n c o lle c te d . TREASURY DEPARTMENT Washington. FOR RELEASE MORNING NEWSPAPERS J . F. T. 0*CONNOR, Comptroller o f the Currency, today announced the completion o f the liq u id a tio n o f 20 re c e iv e rsh ip s during January, 1937, making a t o ta l of 571 re c e iv e rsh ip s f i n a l l y clo sed or resto re d to solvency sin ce the s o -c a lle d Banking Holiday o f March, 1933. T o tal disbursem ents, in clu din g o ff s e t s allow ed, to deposi to rs and other c re d ito rs o f these 571 in s t it u t io n s , e x c lu siv e o f the 42 receiverships resto red to solven cy, aggregated $168,759,511.0 0 , or an average retu rn o f 76.40 per cent o f t o ta l l i a b i l i t i e s , while unsecured c re d ito rs received dividends amounting to an average o f 62.18 per cent o f th e ir cla im s. Dividends d is trib u te d to cred ito rs of a l l a c tiv e re c e iv e rsh ip s during the month o f January, 1937 amounted to $3,319,430.00. T otal dividends paid and d is trib u tio n s to d ep ositors o f a l l re c e iv e rsh ip s from March 16,1933 to January 3 1 , 1937 amounted to $762,952,332.00. NATIONAL BANK OF SHAWNEETOWN, Shawneetown, I l l i n o i s . This bank did not reopen a ft e r the banking h o lid a y o f March, 1933 and was placed in Conservatorship. I t was f i n a l l y p laced in R eceivership September 2 1 , 1934. D epositors and other c re d ito r s were paid 100 p er cent p rin c ip a l w ith in te r e s t in fu ll amounting to an a d d itio n a l dividend o f 1 1 .2 5 per c e n t. T otal payments to cred ito rs, in clu din g o f f s e t s allow ed, aggregated $293,274.00, and the stockh olders received the sum o f $475.00 together w ith the a sse ss remaining u n co lle c te d . PEOPLES NATIONAL BANK, Bronson, M ichigan. This bank did not reopen a f t e r the banking h o lid a y o f March, 1933 and was placed in Conservatorship. I t was f i n a l l y p laced in R eceivership May 9 , 1934. Depositors gvnri other c re d ito rs were p aid 100 per Gent p rin c ip a l w ith in te r e s t in f u l l amounting to an a d d itio n a l dividend o f 9.8 p er c e n t. Total payments to c r e d it o r s , including o ff s e t s allow ed, aggregated $310,635.00, and the stockholders re c e iv e d the sum of TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Wednesday, February 10. 1937. 2-4-37. Press Service No. 9-52 J.P.T. O ’Connor, Comptroller of the Currency, today announced the completion of the liquidation of 20 receiverships during January, 1937, making a total of 571 receiverships finally closed or restored to solvency since the so-called Banking Holiday of March, 1933. Total disbursements, including offsets allowed, to deposi tors and other creditors of these 571 institutions, exclusive of the 42 receiver ships restored to solvency, aggregated $166,759,511.00, or an average return #f 76.40 per cent of total liabilities, while unsecured creditors received dividends amounting to an average of 62.1** per cent of their claims. Dividends distributed to creditors of all active receiverships during the month of January, 1937, amounted to $3,319,430.00. Total dividends paid and distributions to depositors of all receiverships from March' 16, 1933 to January 31, 1937, amounted to $762,952,332.00. NATIONAL BANK OF SHAWNEETOWN, Shawnee town, Illinois. This bank did not reopen after the banking holiday of March, 1933 and was placed in Conservatorship. It was finally placed in receivership September 21., 1934. Depositors and other creditors were paid 100 per cent principal with interest in full amounting to an additional dividend of 11.25 per cent. Total payments to creditors, including offsets allowed, aggregated $293,274.00, and the stockholders received the sum of $475. together v/ith the assets remaining uncollected. PEOPLES NATIONAL BANK, Bronson, Michigan. This bank did not reopen after the banking holiday of March, 1933 and was placed in Conservatorship. It was finally placed in receivership May 9, 1934. Depositors and other creditors were paid 100 per cent principal with interest in full amounting to an additional dividend of 9.6 per cent. Total payments to creditors, including *ffsets allowed, aggregated $310,635.00, and the stockholders - 2- received the sum of $1,571.00 together with the assets remaining uncollected. [f IAST NATIONAL BANK,- Ransom, Illinois. This hank did not reopen after the hanking holiday of March, 1933, and was placed in Conservatorship.- It was finally placed in Receivership November 1, 1933. Depositors and other creditors were paid 100 per cent principal with interest in [full amounting to an additional dividend of 3.44 per cent. Total payments to ¡creditors, including offsets allowed, aggregated $149,924.00, and the stockholders received the sum of $1,790.00 together with the assets remaining uncollected. HOPEWELL NATIONAL BANK, Hopewell, Pennsylvania. This hank was placed in receivership December 3, 1931. creditors were paid 100 per cent principal. Depositors and other Total payments to creditors, including offsets allowed, aggregated $221,935.00, representing 99.63 per cent of total liabilities. FIRST NATIONAL BANK, Letcher, South Dakota. This hank was placed in receivership September 27, 1932. Depositors and other creditors received, including offsets allowed, the sum of $61,996.00 representing 57.53 per cent of the total liabilities* Unsecured depositors received 6.9 per cent of their claims. FIRST NATIONAL BANK, Caruthersville, Missouri. This hank was placed in receivership December 13, 1930. creditors were paid 76.52 per cent principal. Depositors and other Total payments to creditors, includ ing offsets allowed, aggregated $404,020.00, representing 33.05 per cent of total liabilities. CHEVY CHASE SAVINGS BANK, Washington, D.C. This hank did not reopen after the hanking holiday of March, 1933, and was placed in Conservatorship, It was finally placed in receivership November 15, 1933. Depositors and other creditors were paid 100 per cent principal with interest in full amounting to an additiomal dividend of 3 per cent. Total payments to credit— -3ors, including offsets allowed, aggregated $903,172.00 and the stockholders received the sum of $7,950.-00 together with the assets remaining uncollected.FIRST NATIONAL BANK,' Auburndale, Florida. This bank was placed in receivership May 15, 1929.- Depositors and other creditors received, including offsets allowed, the sum of $149,871.00 representing 41.14 per cent of the total liabilities. Unsecured depositors received 15 per cent of their claims. FIRST NATIONAL BANK, Floyd, Iowa. This bank was placed in receivership January 9, 1931. creditors received 66.88 per cent principal. Depositors and other Total payments to creditors, including offsets allowed, aggregated $133,890.00, representing 72.72 per cent of total liabilities. CITIZENS NATIONAL BANK, Wilmington, Ohio This bank was placed in receivership March 9, 1931. creditors received 72.32 per cent principal. Depositors and other Total payments to creditors, including offsets allowed, aggregated $515,209.00, representing 77.88 per cent of total liabilities. FIRST-EXCHANGE NATIONAL BANK, Coeur d ’Alene, Idaho. This bank was placed in receivership January 19, 1929. creditors received 88.2 per cent principal. Depositors and other Total payments to creditors, including offsets allowed aggregated $942,560.00, representing 91.57 per cent of total liabilities. FIRST NATIONAL BANK, Graettinger, Iowa. This bank did not reopen after the banking holiday of March, 1933 and was placed in Conservatorship. It was finally placed in receivership October 30, 1933. Depositors and other creditorsreceived 100 per cent principal, with interest amount ing to an additional dividend of 3.6 per cent. Total payments to creditors, includ ing offsets allowed, aggregated $151,539.00, representing 101.47 per cent of total liabilities. ~4~ PEOPLES NATIONAL BANK OF WINSTON, Winston-Salem, North Carolina. This hank was placed in receivership June 29, 1931. Depositors and other creditors received, including offsets allowed, the sum of $539,633.00 representing 46.10 per cent of total liabilities. Unsecured depositors received 17.535 per cent of their claims. MORRIS NATIONAL BANK, Morris, Minnesota. This bank did not reopen after the banking holiday of March, 1933 and was placed in Conservatorship. It was finally placed in receivership January 2, 1934. Depositors and other creditors received 73.99 per cent principal. /'Total payments to creditors, 'including offsets allowed, aggregated $199,742.00, representing 96.52 per cent of total liabilities. FIRST NATIONAL BANK, Humboldt, Iowa.. This bank did not reopen after the banking holiday of March, 1933, and was placed in Conservatorship. It was finally placed in receivership October 24, 1933, Depositors and other creditors received 100 per cent principal with interest amount ing to an additional dividend of 2.65 per cent. Total payments to creditors,, includ ing offsets allowed, aggregated $955,710.00, representing 101.6 per cent of total liabilities# THIRD NATIONAL BANK,. New London, Ohio. This bank was placed in receivership July 20, 1931. creditors received 94.17 per cent principal. Depositors and other- Total payments to creditors, includ ing offsets allowed, aggregated $374,973.00, representing 94.41 per cent of total liabilities. FIRST NATIONAL .BANK OF GULFPORT, Gulfport, Mississippi. Depositors and creditcrs of record were paid in full by assumption of liabili ties by another bank. Receiver was appointed August 9, 1932 for the purpose of collecting a stock assessment covering deficiency in value of assets sold and/or to complete unfinished liquidation. Dividend payments to the sole creditor (The assuming bank) amounted to 11..0297 per cent principal. Total disbursements under ~5~ this receivership aggregated $1,116,791.00 (derived mainly from the sale of collateral) or 47.65 per cent of total liabilities. MONTOUR NATIONAL BANK, Montour Falls, New York. Depositors and creditors *f record were paid in full by assumption of liabili ties by another bank.. .Receiver was appointed May 1, 1936 for the purpose of collecting a stock assessment covering deficiency in value of assets sold and/or to complete unfinished liquidation. Dividend payments to the sole creditor (The assuming bank) amounted to 100 per cent principal with interest amounting to an additional dividend of 2.0971 per cent. Total disbursements under this receivership aggregated $24,310.00, representing 102.04 per cent of total liabilities* CITY NATIONAL BANK, Spakane, Washington. Depositors and creditors of record were paid in full by assumption of liabili ties by another bank. Receiver was appointed November 20, 1930 for the purpose of collecting a stock assessment covering deficiency in value of assets sold and/or to complete unfinished liquidation. Dividend payments to the sole creditor (The assuming bank) amounted to 76.BQ273 per cent principal. Total disbursements under this receivership aggregated $192,41B.OO, representing 75.35 per cent of total liabilities* FARMERS NATIONAL BANK, Fairfax, South Dakota. Depositors and creditors of record were paid in full by assumption of liabili ties by another bank. Receiver was appointed February 1, 1934 for the purpose of collecting a stock assessment covering deficiency bin value of assets sold and/or to complete unfinished liquidation. Dividend payments to the sole creditor (The assuming bank) amounted to 21.179 per cent principal. Total disbursements under this receivership aggregated $11,217.80, representing 36.07 per cent of total liabilities. INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR RESTORED T O 'SOLVENCY DURING THE MONTH OF JANUARY, 1937 Date of Failure: Nat'l Bank of Shawneetown, Shawneetown, 111. Peoples National Bank, Eronson, Mich. 2/ First National Bank, Ransom, 111. 2/ Hopewell Nat’1 Bank, Hopewell, Pa. First National Bank, Letcher, S. Dak, First National Bank, Caruthersville, Mo. Chevy Chase Svgs. Bank, Washington, D, C. First National Bank, Auburndale, Florida First National Bank, Floyd, Iowa Citizens National Bank, Wilmington, Ohio 2/ 2/ First-Exchange Nat’l 3k., Coenr d ’Alene, Idaho First Nationa,l Bank, Graettinger, Iowa 2/ Peoples Nat*1 Bk.of Winston, Winston-Salem, N.C. Morris National Bank, Morris, Minnesota 2/ First Na/tional Bank, Hnmbolt, Iowa 2/ Third National Bank, New London, Ohio 2/ 9 - 21-3 U 5-9-3^ 11-1-33 12-3-31 9-27-32 Total Disbursements Including Offsets Allowed: $ 293,27^.00 3 1 0 ,635*00 1^9,92^.00 221,935.00 61,996.00 12-IS-30 11-15-33 5-15-29 1-9-31 3-9-3 1 90 3 ,172.00 1^9 ,37 1 .0 0 133 ,290.00 1-19-29 10-30-33 6-29-31 1-2-3U 10-2U-33 9^2,560.00 151 ,539.00 539,633.00 199 ,7^ 2 .0 0 95 5 ,710.00 7-20-31 37 ^,973*00 Formerly in Conservatorship Per Cent Total Disbursements To Total Liabilities: 106.15 105.97 106.52 9 9 .6 8 57 .5 2 UoU,020.00 515,209.00 23.O5 . 105.73 Hl.lU 7 2 .7 2 7 7 .2S 9 1 .5 7 101. ^-7 U6.10 s 6*52 101.6 Per Cent Dividends Declared To All Claimants: 111.25 109. s 10s M 100. 6.9 76.52 108 . 15. 66.ss 72.32 SS.2 103.6 17.535 73.29 102.65 2U.17 INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTH OF JANUARY 1937. Date of Failure First National Bank Montour Nat’l Bank, City National Bank, Farmers Nat1! Bank, NOTE: of Gulfport, Miss. Montour Falls, N.Y. Spokane, Wash. Fairfax, S. D. g-9-32 11-20-30 2-I-3H Total di shur semen t s including Offsets allowed $1 ,116 ,791.00 2^, 310.00 192,UlS.OO 11 ,217.00 Per cent Total dis bursements to total Liabilities Per cent dividends declared to all Claimants ^7.65 102.04 75.35 11.0287 IO 2.O 97I 36.07 76.8O273 21.179 Depositors and creditors of record were paid in full by assumption of liabilities tty another Bank. Receivership for purpose of collecting assessment upon stockholders to enable payment of deficit in assets sold. This applies to each of the four banks named above. / Statement o f United S ta te s Savings Bonds S a le s a t the F i f t y Largest O ffic e s from March 1 , 1935, through Dec* 3 1, 1936* OFFICE Chicago, I l l i n o i s Hew York, N. Y* D e tro it, Michigan St* L ou is, M issouri Milwaukee, Wisconsin M inneapolis, Minnesota P h ila d e lp h ia , Pennsylvania C leveland, Ohio Kansas C it y , M issouri Los .Angeles, C a lifo r n ia Boston, Massachusetts Denver, Colorado St* P au l, Minnesota P ittsb u rg h , Pennsylvania P ortland, Oregan B altim ore, Mar^LancK Omaha, Nebraska C in cin n a ti, Ohio Brooklyn, New York S e a t t le , Washington In d ia n a p o lis, Indiana San F ran cisco , C a lifo r n ia Des Moines, Iowa Columbus, Ohio L o u is v ille , Kentucky D a lla s, Texas Houston, Texas Toledo, Ohio Newark, New Jersey New O rleans, Louisiana Memphis, Tennessee Dayton, Ohio B u ffa lo , New York A tla n ta , Georgia Richmond, V irg in ia Oklahoma C it y , Oklahoma Oakland, C a lifo r n ia Ft* Worth, Texas Akron, Ohio Rochester, New York Jersey C ity Providence, Rhode Islan d H arrisburg, Pennsylvania Syracuse, New York N a sh v ille , Tennessee H artford, Connecticut New Haven, Connecticut Albany, New York S p r in g fie ld , Ohio ♦ Washington, D. C. ♦ includes a portion o f m ail ord ers. °o O Q MATURITY VALUE OF SALES 35,611,666.00 26,526,225*00 12,459,416.00 10,834.905.00 10,660,274.00 9,881,505.00 9,493,195.00 8,889,258.00 8,514.968.00 7,210,662.00 6,616,384.00 5,796,941.00 5,693,989.00 5,361,001.00 5,184,000.00 5,124,025.00 5,043,334.00 4,923,191.00 4,895,459.00 4,453,351.00 4,279,000.00 4,155,433.00 3,580,967.00 3,017,775.00 3,016,450.00 2,813,768.00 2,58 1,717.0 0 2,459,441.00 2,387,486.00 2,376,691.00 2,176,650.00 2 ,171,2 7 1.0 0 1,861,725,00 1,825,525.00 1,803,925,00 1,538,102.00 1,412,972.00 1,277,941.0 0 1,241,760.00 1,18 3,157.0 0 980,416.00 825,800.00 715,108.00 681,216.00 619,225.00 602,841.00 581,050.00 540,618.00 323,816.00 ' 15,762,939.00 1261,968,549.00 tj • Statement of United States Savings Bonds Sales from March. 1, 1935 through December 31, 1936* State Illinois New York Ohio Pennsylvania Iowa Missouri Minnesota Michigan California Texas Indiana Wisconsin Kansas Nebraska Massachusetts New Jersey Oklahoma Washington Colorado Kentucky Oregon North Carolina Virginia Maryland West Virginia Tennessee Montana Florida Georgia North Dakota Louisiana Arkansas South Dakota Mississippi Alabama South Carolina Connecticut Maine Idaho Utah Wyoming New Mexico Arizona New Hampshire Ehode Island Vermont Nevada Delaware Dist. of Columbia Includes a p o rtio n o f m ail o rd ers. Maturity Value of Total Sales #72,337,850 49,021,675 42,520,050 38,112,825 35,635,750 35,466,900 33,454,625 30,251,575 29,018,800 27,855,400 25,711,875 25,605,575 25,573,800 18,480,425 12,754,750 12,233,050 12,100,275 11,890,475 9,866,700 9,360,375 9,084,850 8,940,100 8,340,650 7,676,225 7,664,500 7,475,900 7,389,800 7,221,175 7,131,975 6,333,375 5,721,425 5,445,850 5,399,125 5,292,025 4,574,125 3,870,275 3,513,150 2,711,600 2,071,075 1,993,625 1,828,000 1,694,825 1,681,850 1,462,150 1,393,100 1,328,575 925,975 557,075 34,200.775 #720,175,900 3 Savings Bonds are so ld i s the $100, m aturity v a lu e , bond, which accounts fo r approxim ately 32*46 percent o f a l l the bonds so ld . p o p u la rity with approxim ately 23.12 p ercen t. 19 .3 7 p ercen t. The $25 u n it i s next in Then fo llo w s the $50 u n it with The $1,000 bond i s next in order being more popular than the $500 u n it and accounting f o r approxim ately 15.73 percent o f the t o t a l s a le s , w hile the $500 u n it accounts f o r 9.32 percent o f the t o t a l s a le s . S a le s o f United S ta te s Savings Bonds in the 50 la r g e r c i t i e s and in the se v e ra l s ta te s and possession s from March 1 , 1935, to jroDruwy x , 1.957, arranged in order o f th e ir t o t a l s a le s f o r t h is e n tire period were: -z- The Secretary sta te d th a t ta b u la tio n o f s a le s by s ta te s to the end of the year 1956 shows th a t the S ta te o f I l l i n o i s lead s the United S ta te s with a maturity valu e s a le o f $72,337,850. o f $49,021,675. New York S ta te i s second with a m aturity value sale Ohio i s th ir d , then fo llo w s Pennsylvania, with Iowa, Missouri, and Minnesota next in order. Michigan takes the eigh th p la c e , w hile California, Texas, Indiana, W isconsin, Kansas, and Nebraska fo llo w in clo s e su ccession . The sa le s o f United S ta te s Savings Bonds in the 50 leadin g c i t i e s show Chicago w e ll in the lead with a m aturity value s a le o f $35,611,666 from March 1 , 1935, to January 1 , 1937. on ly $26,526,225. New York i s not a very clo s e second with The t o t a l s a le s f o r the 50 lea d in g c i t i e s amounted, on January 1 , 1937, to $261,968,549, m aturity v a lu e. Tabulations o f s a le s made during the l a s t qu arter o f the year 1936 indicate th a t men are buying approxim ately 25.12 percent o f the t o t a l o f Savings Bonds so ld ; w hile coowners— m ostly man and w ife who buy th ese bonds j o i n t l y — account f o r 32.45 percen t; and women, fo r approxim ately 1 7 .1 4 p ercen t. i s named in about 8.61 percent o f the bonds s o ld . A b e n eficia ry Banks are buying about 8.75 p ercen t, and the r e s t o f the s a le s are to corp o ratio n s, a s s o c ia tio n s , and -trust funds. The sm all towns and ru ra l America purchase in excess o f 31.90 percent of the t o t a l amount o f bonds sold each month; and towns from 10,000 to 25,000 p op u lation, about 9.94 percent; w hile c i t i e s from 25,000 to 100,000, buy ap proxim ately 13 .72 p ercen t. The m etropolitan c i t i e s o f 100,000 or more, account f o r about 44.44 percent o f the t o t a l s a le s o f Savings Bonds each month. The most popular u n it o f the f i v e denominations in which United S tates / TREASURY DEPARTMENT Washington Press Service No. FOR IMMEDIATE RELEASE, Monday, February 8, 1937 S ecretary o f the Treasury Morgenthau announced today th a t the s a le of United S ta te s Savings Bonds sin ce March 1 , 1935, when these bonds were made a v a ila b le , to February 1 s t o f t h is year has reached a t o t a l o f $862,781,212, m aturity v a lu e . This i s a d a ily average o f $1,472,322, m aturity va lu e, fo r each o f the 586 business days elapsed . These bonds were bought by approxim ately 750,000 in d iv id u a l in v e sto rs, and approxim ately 60,000 in v e s to rs — over 50 percent o f whom are rep eat pur chasers— are now buying United S ta te s Savings Bonds each month. The s a le o f Savings Bonds f o r the ye a r 1935 amounted to $259,000,824, m aturity v a lu e . For the ye a r 1936 the s a le s were $473,515,140— an increase o f approxim ately 82.8 p ercen t. The January s a le s o f th is year were in excess o f $130,000,000, m aturity va lu e— more than tw ice the s a le s o f the correspond in g month l a s t y e a r. The h ig h est t o t a l fo r d a ily s a le s was reached on January 4th o f th is year with the r e c e ip t by the Treasurer o f th e United S ta tes o f $6,230,330 from post o f f ic e s s e llin g these bonds throughout the country. In addition and on the same day the Treasurer received d ire c t-b y -m a il orders accompanied with cash rep resen tin g $ 1,319,42 5, m aturity valu e— or a t o t a l s a le fo r th is single^day o f January 4th o f $9,626,532, m aturity v a lu e, o f United S ta tes Savings Bonds. TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Monday, February 8 , 1937« 2-6-37 Press Service 9^53 Secretary of the Treasury Morgenthau announced today that the sale of United otates Savings Bonds since March 1 , 1935, when these Bonds were made available, to February 1 st of this year has reached a total of $862,781,212, maturity value. This is a daily average of $1,472,322, maturity value, for each of the 586 business days elapsed. These bonds were bought by approximately 750,000 individual investors, and approximately 60,000 investors *■?— over 50 percent of whom are repeat purchasers are now buying United States Savings Bonds each month. The sale of Savings Bonds for the year 1935 amounted to $259,000,824, maturity value. For the year 1936 the sales were $473,515,140 — of approximately 82.8 percent. an increase The January sales of this year were in excess of $130,000,000, maturity value — more than twice the sales of the corresponding month last year. The highest total for daily sales was reached on January 4th of this year with the receipt by the Treasurer of the United States of $6,230,330 from post offices selling these bends throughout the country. In addition and on the same day the Treasurer received direct-by-mail orders accompanied with cash representing $1,319,425, maturity value— or a total sale for this single day of January 4th of $9,626,532, maturity value, of United States Savings Bonds. The Secretary stated that tabulation of sales by states to the end of the year 1936 shows that the State of Illinois leads the United States with a maturity value sale of $72,337,850. of $49,021,675. New York State is second with a maturity value sale Ohio is third, then follows Pennsylvania, with Iowa, Missouri, and Minnesota next in order. Michigan takes the eighth place, while California, Texas, Indiana, Wisconsin, Kansas, and Nebraska follow in close succession. The sales of United States Savings Bonds in the 50 leading cities show Chicago well in the lead with a maturity value sale of $35,611,666 from March 1, 1935, to January 1, 1937, $26,526,225* New York is not a very close second with only The total sales for the 50 leading cities amounted, on January 1, 1937, to $261,968,549* maturity value. Tabulations of sales made during the last quarter of the year 1936 indicatethat men are buying approximately 23*12 percent of the total of Savings Bonds sold; while coowners — mostly man and wife who buy these bonds jointly — account for 32*43 percent; and women, for approximately 17*14 percent. beneficiary is named in about 8.61 percent of the bonds sold. A B.anks are buying about 8,75 percent, and the rest of the sales are to corporations, associations, and trust funds* The small towns and rural America purchase in excess of 31*90 percent of the total amount of bonds sold each month; and towns from 10,000 to 25,000 population, about 9.94 percent; while cities from 25,000 to 100,000, buy approximately 13,72 percent. The metropolitan cities of 100,000 or more, account for about 44.44 percent of the total sales of Savings Bonds each month. The most popular unit of the five denominations in which United States Savings Bonds are sold is the $100 , maturity value, bond, which accounts for approximately 32.46 percent of all the bonds sold. popularity with approximately 23*12 percent. 19,37 percent* The $25 unit is next in Then follows the $50 unit with The $1,000 bond is next in order being more popular than the $500 unit and accounting for approximately 15.73 percent of the total sales, while the $500 unit accounts for 9*32 percent of the total sales* Sales of United States Savings Bonds in the 50 larger cities and in the several states and possessions from March 1, 1935, to January 1, 1937, arranged in order of their total sales for this entire period were? -3Statement of United States Savings Bonds Sales from March 1, 1935 through December 31, 1936, STATE Illinois New York Ohio Pennsylvania Iowa Missouri Minnesota Michigan California Texas Indiana Wisconsin Kansas Nebraska Massachusetts # New Jersey Oklahoma Washington Colorado Kentucky Oregon North Carolina . Virginia Maryland West Virginia Tennessee Montana Plorida Georgia North Dakota Louisiana Arkansas South Dakota Mississippi Alabama South Carolina Connecticut Maine Idaho Utah Wyoming New Mexico Arizona New Hamushire Rhode Island Vermont Nevada Delaware *Dist, of Columbia ^Includes a portion of mail orders MATURITY VALUE OP TOTAL SALES $ 72,337,850 49,021,675 42.520.050 38,112,825 35.635.750 35,466,900 33,454,625 30.251.575 29.018.800 27,855,400 25,711,875 25.605.575 25.573.800 18,480,425 12.754.750 12.233.050 12,100,275 11,890,475 9,866,700 9.360.375 9.084.850 8.940.100 8,340,650 7,676,225 7,664,500 7,475,900 7,389,800 7,221,175 7,131,975 6.333.375 5,721,425 5.445.850 5.399.125 5,292,025 4.574.125 3,870,275 3.513.150 2,711,600 2,071,075 1,993,625 1,828,000 1,694,825 1.681.850 1.462.150 1.393.100 1,328,575 925,975 557,075 34,200*775 $720,175,900 -4Statement of United States Savings Bonds Sales at the Fifty Largest Offices from March 1, 1935, through December 31, 1936* MATURITY VALUE OF SALES OFFICE $ 35,611,666,00 26.526.225.00 12.459.416.00 10.834.905.00 10.660.274.00 9.881.505.00 9.. 493.195.00 8.889.258.00 8.514.968.00 7.210.662.00 6.616.384.00 5.796.941.00 5*693,989.00 5.361.001.00 5.184.000. 00 5.124.025.00 5.043.334.00 ■ 4,923,191.00 • 4,895,459.00 4.453.351.00 • 4,279,000.00 4.155.433.00 3.580.967.00 . 3,017,775.00 3 ,016*450,>00 2*813,768.00 . 2,581,717.00 2.459.441.00 2.387.486.00 2.376.691.00 2.176.650.00 2.171.271.00 1.861.725.00 1.825.525.00 1.803.925.00 . 1,538,102.00 1.412.972.00 1.277.941.00 1.241.760.00 1.183.157.00 980.416.00 825.800.00 715.108.00 681.216.00 619.225.00 602.841.00 581.050.00 540.618.00 323.816.00 15.762.939.00 $261,968,549.00 Chicago, Illinois New York, N*Y. Detroit., Michigan St., Louis, Missouri Milwaukee, Wisconsin Minneapolis, Minnesota Philadelphia, Pennsylvania Cleveland, Ohio Kansas City, Missouri Los Angeles, California Boston, Massachusetts Denver, Colorado St, Paul, Minnesota Pittsburgh, Pennsylvania Portland, Oregon Baltimore, Maryland Omaha., Nebraska Cincinnati, Ohio Brooklyn, New York Seattle, Washington Indianapolis, Indiana San Francisco, California Des Moines, Iowa Columbus, Ohio Louisville, Kentucky Dallas, Texas Houston, Texas Toledo, Ohio Newark, New Jersey New Orleans, Louisiana Memphis, Tennessee Dayton, Ohio Buffalo, New York Atlanta, Georgia Richmond, Virginia Oklahoma City, Oklahoma Oakland, California * Ft, Worth, Texas Akron, Ohio Rochester, New York Jersey City, New Jersey Providence, Rhode Island Harrisburg, Pennsylvania Syracuse, New York Nashville, Tennessee Hartford, Connecticut New Haven, Connecticut Albany, New York Suringfield, Ohio * Washington, D.C, * Includes a portion of^ mail or 3rs ooOoo TREASURY D&>ARTMMT WASHINGTON FOR RELEASE, HORNING NEWSPAPERS, Tuesday,. February 9. 1937. 2/8/3? Press Serriee 1-0 1 7 Secretary of the Treasury Morgenthau announced last evening that the tenders for #50,000,000, or thereabouts, of 273-day Treasury bills, dated February 10 and maturing November 10, 1937, which were offered on February 8t wera opened at the Federal Reserve banks on February 8. The total amount applied for m s 1179,465,000, of whieh |50,025,000 was accepted* The aeeepted bids ranged in price from 99*742, equivalent to a rate of about 0*340 per* cent per annua, to 99*707, equivalent to a rate of about 0*386 percent per annum, on a bank discount basis* Only part of the amount bid for at the latter price was accepted* The average price of Treasury bills to be issued is 99.717 and the average rate is about 0.373 percent per annum on a bank dig* count basis* TREASURY DEPARTMENT Washington Press Service No. 9-54 POR RELEASE, MORNING NEWSPAPERS , Tuesday« February 9» 1937«_________ 2-8-37. Secretary of the Treasury Morgenth.au announced last evening that the tenders for $50,000,000, or thereabouts, of 273-day Treasury bills, dated February 10 and maturing November 10, 1937, which were offered on February 5, were opened at the Federal Reserve banks on February 8. The total amount applied for was $179,465,000, of which $50,025,000 was accented. The excepted bids ranged in price from 99.742, equivalent to a rate of about 0.340 percent per annum, to 99.707, equivalent to a rate of about 0.386 percent per annum, on a bank discount basis. at the latter erice was accepted. Only part of the amount bid for The average price of Treasury bills to be issued is 99.717 and the average rate is about 0.373 percent per annum on a. bank discount basis. ooOoo the President of the Colonial Life Insurance Company of America. Mr. Nettleship is a prominent numismatist. Mr. Owen Johnson, of Stockbridge, Mass., author and novelist. (Wrote "StoveF/4t Yale” .) Was a candidate for Congress on Democratic ticket in last election. Defeated by Mr. Treadway. Dr. F. S. Holbrook, Division of Weights and Measures, of the National Bureau of Standards in Washington. Dr. Holbrook will take with him the official weights belonging to the Philadelphia Mint, which have been at the Bureau of Standards this week for calibrating, and which will be the ones used by the Commission. Hon. James H. Hurley, for many years mayor of Willimantic, Conn., prominent retail merchant. (His wife is also active in public affairs, serving in the state legislature at present.) Judge John H. Druffel, of Cincinnati, Judge of the Court of Common Pleas, of Ohio. Captain Louis H. Schmidt, retired business man of Mount Airy, Philadelphia. Hon. J. F. T. O ’Connor, Comptroller of Currency, ex-officio member. Hon. 0. B. Dickinson, Judge of the District Court for the Eastern District of Pennsylvania, who is also an ex-officio member. Mr. Joseph S. Buford, Chief Assayer of the United States Assay Office in New York, ex-officio member. Other members appointed by the President, but who will not be able to attend are: Mr. Ralph B. Strassburger, owner of the Norristown Herald-Times, Norristown, Pa. Mr. Stanton Sanson, president of the Ajax Hosiery Mills, of Phoenixville, Pa. Mr. Gustave J. S. White, wealthy real estate man, Newport, R. I. Mr. Wayne Johnson, of the law firm of Johnson and Shores, of New York. Mr. Matthew McCloskey, prominent citizen of Philadelphia. T R EA SU R Y DEPARTMENT W A S H IN G T O N OFFICE OF D IR E C T O R O F T H E M IN T IN REPLYING QUOTE INITIALS Feb. 8, 1937 Memorandum for Mr. Gaston: The Annual Assay Commission, which meets at the United States Mint at Philadelphia on Wednesday, February tenth, at 10:00 o'clock, is one of the oldest and most dignified institutions in the government. It has been meeting annually since the time of George Washington. At all United States Mints, out of every delivery of coin from the coining room to the Superintendent of the Mint, a certain number of coins are required by law to be taken out by the Superintendent in the presence of the Assayer, for test by this Commission, which determines whether they conform to legal requirements as to their weight and fineness. The law specifies that each coin must be wrapped carefully, in such a way as to protect it from attrition; that it be placed in an envelope and sealed, in the presence of Mint officers, and that a record of the place of coinage, date, number, denomination and other pertineht facts, be written on the envelope. The assay coins are then locked in the "pyx" box, and carefully safeguarded until time to send them to the Philadelphia Mint for the 'annual trial of coins'. Members of the Annual Assay Commission are appointed by the President. Those designated to serve this year are: Mrs. J. Gustavus Whitely, of Baltimore. Mrs. Whitely, a former • congresswoman, active in civic affairs, is also an author. Her latest book is "Washington, and His Aides-de-Camp". Mrs. Katharine Elkus White, Redbank, N. J., is also active in civic and in welfare work in her city. She is the daughter of the former Ambassador to Turkey, Hon. Abram I. Elkus, who served under Woodrow Wilson. Mrs. Henry Goddard Leach, of New York. Mrs. Leach was formerly President of the League of Women Voters, and managed the campaign of Mrs. O ’Day for Congress. Mrs. Leach is the wife of the editor of Forum. (She will not be able to attend the sessions of the Commission.) Mr. Charles G. Meyer, of New York, president of the Meyer-Cord Realty Company, one of the largest real estate firms in America. Mr. Charles F. Nettleship, Jr., Jersey City, N. J., Assistant to Sri*# F- // _Vi * K w » ^ ¥* M rs* N e l l i e has n o t if ie d T a y lo e ^ o s s , D ir e c t s ) ! 8 o f t h e M in t, a l l m em bers o f th e 8c * t h a t t h e t h e a n n u e l m e e t in g w i l l be a t P h ila d e lp h ia o ! c lo c k U n it e d S t a t e s Mint W ed n esd a y, F e b r u a r y 1 0 , a t 10 ¿i.* M• The te st o f t h e c o in a g e b y an As s p y Commission e s t a b l i s h m e n t o f the h a s b e e n an a n n u a l e v e n t s i n c e th e dxy^xE$x&x®]£x® i t i s r e q u i r e d b y la w t h a t d e l i v e r y o f co in ^ a - c e r t a i n number o f c o i n s be ta k e n o u t b y th e S u p e r in t e n d e n t and lo c k e d in th e p r e s e n c e cr i n t h e " p y x ” b o x f o r th e a n n u a l " t r i a l o f c o in s " a t th e P h ila d e lp h ia M in t. D r . H o lb ro o k o f th e D i v i s i o n o f 'ne i g h t s and - M easu res o f th e N a tio n a l b u reau o f S ta n d a r d s w i l l th e t a k e fro m W a s h in g to n t o P h i l a d e l p h i a ^ o f f i c i a l weights xidtEtLxfescxsxksExxExiitexxjcxd o f t h e P h i l a d e l p h i a M in t w h ic h h a v e b e e n c a l i b r a t e d d u r in g t h e p a s t week* a t th e B u rea u o f S ta n d a rd s These w i l l be u sed in t e s t in g th e c o i n s p ro d u c e d d u r in g th e p a s t y e a r ~ fo llo w in g c it i z e n s have b e e n a p p o in t e d by t h e P r e s i d e n t a s m em bers o f th e A n n u a l Assay C o m m issio n : Mrs * J . G u s ta v u s W h i t e l y , -B a ltim o r e . M rs . K a t h e r i n e E lk u s W h it e , ^ edban k N . J . M r s . H enry ^od.dsrd L e e c t , New Y o r k . C h a r le s G, M e y e r , New Y o r k • C h a r le s I»1. N e t t i e s h i p , SEr., J e r s e y C i t y , N . J . Ov/en J o h n s o n , S t o c k b r i d g e , M a s s . D r . F . S . H o lb r o o k , W a s h in g to n , D . C. James E . H u r le y , W i l l i m a n t i c , C onn. Jud ge John H. D r u f f e l , C in c in n a ti, C a p t . L o u is H. S c h m id t , Mount A i r y , P h ila d e lp h ia . xia lp h E . S t r e - s s b u r g e r , N o r r is t o w n , P a . S ta n to n S an so n , F h o e n ix v ille , P a ., .G u s ta v e J . 3 . W h ite , N e w p o rt, R . I . Wayne J o h n s o n , New Y o r k . M atth ew Me C l o s k e y , P h i l a d e l p h i a . In a d d itio n t o are t h o s e named a b o ve t h e f o l l o w in g e x - o f f i c i o members o f th e c o m m is s io n : J . F . T . 0 *C o n n o r, C o m p t r o lle r o f t h e C u rren cy C o u rt fo r th e A a s te rn d i s t r i c t o f P e n n s y lv a n ia . J o s e p h 3 . B u f o r d , C h i e f A s s a y e r o f th e U n ited S ta te s A ssay O f f i c e i n New/ Y o rk TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Tuesday, February 9, 1937* Press Service Ho# 9-55 The following citizens have been appointed by the President as members of the Annual Assay Commission: Mrs. J. Gustavus Whitely, Baltimore, Mrs. Katharine Elkus White, Red Bank, N.J#, Mrs. Henry Goddard Leach,. New York, Charles G. Meyer, New York, Charles E. Nettleship, Jr. Jersey City, N.J., Owen Johnson, Stockbridge, Mass., Dr. E.S. Holbrook, Washington, D.C., James H. Hurley, Willimantic, Conn., Judge John H. Druffel, Cincinnati, Ohio, Capt. Louis H. Schmidt, Mount Airy, Phila., RalphB. Strassburger, Norristown, Pa#, Stanton Sanson, Phoenixville, Pa., Gustave J.S. White, Newport, R.I., Wayne Johnson, New York, Matthew McCloskey, Philadelphia* In addition to those named above the following are ex-officio members of the commission: J.E.T. O ’COnnor, Comptroller of the Currency, O.B. Dickinson, Judge of the Federal District Court for the Eastern District of Pennsylvania* Joseph S. Buford, Chief Assayer of the United States Assay Office in New York ~2~ Mrs. Nellie Tayloe Ross, Director of the Mint, has notified all members of the commission that the annual meeting will be at the United States Mint at Philadelphia, Wednesday, February 10, at 10 o*clock A.M. The test of the coinage by an Assay Commission has been an annual event since the establishment of the Mint in 1792. At all United States Mints, out of ea.ch delivery of coin it is required by law that a certain number of coins be taken out by the Superintendent in the presence of the Assayer. These coins are sealed in an envelope and locked in the ’’pyx” box for the annual ntrial of coins” at the Philadelphia Mint» Dr* Holbrook of the Division of Weights and Measures of the National Bureau of Standards will take from Washington to Philadelphia the official weights of the Philadelphia Mint which have been calibrated at the Bureau of Standards during the past week. These will be used in testing the coins produced during the na-st year* ooOoo IMPORTS OF COMMODITIES FROM THE PHILIPPINES UNDER QUOTA PROVISIONS OF PHILIPPINE INDEPENDENCE ACT AND CORDAGE ACT OF 1935 Prelim inary F igu res, as o f January 30, 1937 Customs D is t r ic t s January 1 to 30, 1937 REFINED : SUGAR : : COCONUT OIL : ■ (Pounds) :■ (Pounds) : TOTAL IMPORTS Per Cent o f Quota Chicago G alveston Hawaii Los Angeles Maine & New Hampshire Maryland Massachusetts Michigan Minnesota New Orleans New York Ohio Oregon P h ilad elp h ia Puerto Rico Rhode Island S t. Lawrence S t. Louis San Antonio San Francisco V irg in ia Washington Wisconsin 42,462,820 9.5% 120,600 0.1% UNREFINED SUGAR (Pounds) 78,150,017 4.4% 4,226,256 70.4% 24,577,337 22,213,002 31,359,678 - 356,923 83,653 462,907 320,752 4,530 30,496 6,251 66,221 36,294 1,453,354 2,048 110,058 11,371 122,982 13,615 1,837 128,876 40,928 722,013 17,677 145,473 87,997 -_ 669,700 3,965,890 8 ,117,560 27,188,637 ■ 2,521,033 - 120,600 - May 1 , 1936 to : Jan. 30, 1937 CORDAGE : (Pounds) (Prepared by D ivisio n of S t a t i s t i c s and Research, Bureau o f Customs) f - s ? The Commissioner o f Oust cans today announced prelim in ary fig u re s fo r imports o f commodities coming in to the United S ta te s from the P h ilip p in e Islands under the quota p ro visio n s o f the P h ilip p in e Independence A ct, during the period January 1 to 30, 1937, and under the Cordage Act o f 1935, during the p eriod May 1 , 1936, to January 30, 1937, a lso the percentages th a t such imports bear to the t o ta ls allow a b le under the quotas, a s fo llo w s; OFFICE OF THE COMMISSIONER OF CUSTOMS Sta February ll>, 1937 MR. FUSSELL (Room 289 - Treasury Department) FROM MISS HENRYî There is attached a tabulation for immediate release showing preliminary figures for imports of commodities coming into the United States from the Philippine Islands, under the quota pro visions of the Philippine Independence Act and the Cordage Act of 1935, as of January 30, 1937. When this tabulation has been mimeographed, kindly have 80 copies forwarded to ms at Room 415, Washington Building. TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, ’ Thursday, February 11,. 1937. Press’Service No. 9-56 The Commissioner of Customs today announced preliminary figures for imports of commodities coming into the United States from the Philippine Islands under the quota provisions of the Philippine Independence Act, during the period January 1 to 30, 1937, and under the Cordage Act of 1935, during the period May 1, 1936, to January 30, 1937,. also the percentages that such imports hear to the totals allow able under the quotas, as follows:- Customs Districts January 1 to 30. 1937 REFINED UNREFINED COCONUT OIL SUGAR SUGAR (Pounds) (Pounds) (Pounds) TOTAL IMPORTS Per Cent of Qqota 42,462,320 120,600 9 . 5 $ ______ 0,1$ Chicago Galveston Hawaii Los Angeles Maine & New Hampshire Maryland Massachus e11 s Michigan Minnesota New Orleans New York Ohio Oregon Philadelphia Puerto Rico Rhode Island St. Lawrence St. Louis ¡¿an Antoni© San Francisco Virginia Washington Wisconsin May 1, 1936 to Jan. 30, 1937 . CORDAGE (Pounds 73,150,017 4,226,-256 4.4$__________ 70*4$ 356,923 93,-653 462,907 320,7534,530 669,700 3,965,390 3,117,560 27,133,637 24,577,337 32,213,-002 ------ 2,521,033 120,600 31,359,673 30,496 £,251 66,221 36,294 1,453,354 2,043 110,053 11,371 122,992 13,615 1,937 129,376 40,923 722,013 17,677 145,473 97.997 IMPORTATIONS OF CATTLE, CREAM AND CERTIFIED SEED POTATOES UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT (Prelim inary F igures as o f January 30, 1937) Customs D is t r ic t s TOTAL IMPORTS Per Cent o f Quota -_________ CATTLE UNDER 176# (Head) January 1 to 30, 1937_____ ; CATTLE 700#* DAIRY COWS ; OR MORE * 700# OR MORE 1 (Head) 1 (Head) Dec, 1,1936 to Jan. 30,1937 I WHITE OR IRISH1 CREAM; SEED POTATOES ( G a l,f ' (Pounds) 5,213 28,948 428 5,203 10,0$________ 18,6%______ %•!.%________ 0»Zfo FROM CANADA Alaska 723 B u ffalo Chicago 25 Dakota Duluth and Superior 18 Maine & New Hampshire Maryland 1 Massachusetts 135 Michigan Minnesota Montana & Idaho 4,260 New York Oregon P h ilad elp h ia 9 S t, Lawrence 23 Vermont 1 Washington 1,195 12,910 129 501 390 187 213 44 1,889 14 305 40 6 5,174 5,195 21,656 428 5,203 18 - 1,303 4,015 1,14 5 829 18 7,292 T otal from Canada FROM MEXICO Arizona E l Paso San ¿ p to n io San Diego T o tal from Mexico - - 2,903 549 661 30 1 54 - 867,280 1.9% 1 - 10 — — - - 22 — - 249,370 49 — — 295,424 10 - - - — - — 322,486 — *■ - - - - - — - - (Prepared by D ivisio n o f S t a t i s t i c s and Research, Bureau o f Customs) 867,280 IMPORTS OF DOUGLAS FIR AND WESTERN HEMLOCK UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT During the Period January 1 to 30, 1937 (Preliminary Figures) Customs Districts TOTAL IMPORTS Per Cent of jQuota FROM CANADA Alaska . Sawed Timber Douglas Fir (Bd.Ft.) 1,701,118 and Lumber Not Specially Provided For Mixed Fir : Western Total Fir : Hemlock & Hemlock & Hemlock (Bd.Ft.) : (Bd.Ft.) : (Bd.Ft.) 144,293 3,155,857 5,001,268 2 .0 % - 1,800 - Dakota 667,882 139,734 Duluth & Superior 160,490 4,559 - 165,049 - - 3,155,857 3,155,857 53,442 - - 53,442 Vermont 154,450 - - 154,450 Washington 663,054 - - 663,054 New York St. Lawrence 1,800 807,616 (Prepared by Division of S tatistics and Research, Bureau of Customs) The Commissioner of Customs today announced preliminary / ■ figures for imports of commodities under the quota provisions of the Canadian Trade Agreement, as of January 30, 1937, and the percentage that such imports bear to the totals allowable under the quota provisions, as follows: OFFICE OF THE COMMISSIONER OF CUSTOMS February 11, 1937, TO MR. FUSSELL (Hoorn 289, Treasury Department) FROM MISS HENRY: There are attached two tabulations for immediate release showing preliminary figures for imports of commodities under the quota provisions of the Canadian Trade Agreement, as of January 30, 1937. When the release has been mimeographed, please have 115 copies forwarded to me at Room 415, Washington Building. Sta TREASURY DEPARTMENT Washington The Commissioner of Customs today announced preliminary figures for imports of commodities under the quota provisions of the Canadian Trade Agreement, as of January 30, 1937, and the percentage that such imports hear to the totals allowable under the quota provisions, as follows? IMPORTS OF DOUGLAS FIR AND WESTERN HEMLOCK UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT During the Period January 1 to 30, 1937 ___________________ (Preliminary F i g u r e s ) _______________ Sawed Timber and Lumber Not Specially Provided For Douglas Western Mixed Fir Total Fir Customs Districts Fir Hemlock & Hemlock & Hemlock ________ (Bd.Ft.)______ (Bd.Ft. ) (Bd.Ft.)_______ (Bd.Ft.) TOTAL IMPORTS 1,701?118 144,293 3,155,857 5,001,269 Per Cent of Q p o t a _______________ ________________________________2.0^ FROM CANADA Alaska 1,800 -------------1,900 Dakota 667,892 139,734 -'------807,616 Duluth & Superior 160,490 4,559 165,049 New York --------- . ~ 3,155,857 3,155,857 St. Lawrence 53,442 - ~ ~ 53,442 Vermont 154,450 ~ ~ ---- ~ 154,450 -- - - 663,054 Washington 663,054 -*2*- IMPORTATXOïîS OF CATTLE, CREAM AND CERTIFIED SEED POTATOES UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT (Preliminary Figures as of January 30, 1937 January 1 to 30, 1937 DAIRY COWS CATTLE CATTLE 7<30# UNDER 175# OR MORE 700# OR MORE (Head) (Head) (Head) Customs Dis~ tricts TOTAL IMPORTS 5,213 Per Cent of Quota 10,0$ 2-9,948 18.6 $ PROM CANADA Alaska — — «. Buffalo 723 Chicago - Dakota 25 Duluth & Superior- — — Maine & New Hampshire 19 Maryland « — Massachusetts 1 Michigan 135 Minnesota — Montana & Idaho — K- — New York 4 ,260 Oregon «* Philadelphia — — ¿4 St. Lawrence 9 Vermont 23 Washington 1 Total from Canadaö ,195 1 54 ~ — — 1,195 12,910 129 501 390 197 213 44 1.899 21,656 PROM MEXICO Arizona 19 - — — El Paso ~ — — San Antonio - — — San Diego 18 Total from Mexico 1,303 4,015 1,145 829 7,292 T~ .ft- «. 2,903 549 661 30 ooOoo 429 2.1$ w r* 10 — — — « ~ ~ — ~ — 49 Dec. 1, 1936 tc Jan. 30, 1937 CREAM WHITE OR IRISH (Gal.) SEED POTATOES (Pounds) 5,203 0.3$ 867,290 1.9g 1 — — >4. -**•*•■ 22 — — — — — ~ — — — — - ~ ~ — - - — -v — — — — «n» — — — - — — M. - — — V. ~ — — 14 305 40 428 — — — 6 5,174 ~ ~ 5,203 « — _ — - — — — — - «M». 295,424 10 ~ ~ ~ — — — — ». *»'«-.** — — — — - 2#, 370 — — —. - « — - — «. V. « -- V. -V. TV — — « 'M». ft*» 322,486 — V. — — — ~ - — — — 967,290 — ~ _ — — ~ — _ «V — — — OFFICE OF THE COMMISSIONER OF CUSTOMS Sta FE! TO MR. GASTON FROM THE COMMISSIONER OF CUSTOMS (Through A ssista n t S e creta ry Gibbons) There i s transm itted herewith a statement showing imports o f d i s t i l l e d liq u o rs and w ines, and d u ties c o l le c te d thereon, covering the month o f December, 1935, 1936, and the calendar years ended December 3 1, 1935 and 1936. Inclosure IMPORTS OP DISTILLED LICLUORS AND WINKS AND DUTIES COULECTED THEREON __________________________ DECEMBER 1936____________________________ t Dooembor | November s Dooembor t Calendar Tear t 1936 t 1935 1935 I 193« » *»« DISTILLED LIOUORS (Proof Callone)t Stoek in Customs Bonded Ware* 3 ,855*870 4,222,560 houses at beginning 4,282,9^0 3*424,535 3 ,408,398 14,392,140 1 , 072,768 Total Imports (Pres and Dutiable) 7*280,447 2 ,43S,153 1,741,151 18,614,700 4 ,928,638 U*563i407 Available for Consumption 5,322,73« 5*149*549 Entered into Consumption (a) Exported from Customs Quotedy Stook In Customs Bended Warehouses at end 2 *435,356 1,723*574 696,234 1*340 1*436 9*844 15*093*537 95*121 7*036,217 304,630 3,426*042 3,424,539 4,222,560 3,426,042 4,222,560 i *3«o.«7 1 ,4 56,217 265,721 1*479*672 1 *607,096 1,766,588 497*373 1*977*045 2*621,993 4,229,089 2 ,363,328 368,561 3,120,««7 4,129*916 2,488,223 384 1,388 23*275 3«*5)7 1,607,096 STILL WINES (Liquid Callous)} Stook in Customs Bonded Ware* houses at beginning Total Imports (Pros and Dutiable) Available for Consumption 443,031 1,803,448 1 *72 1 ,93« 361*137 Entered into Consumption (a) ExpnrteC from Customs Custody 722,563 2*532 Stook in Customs Bended Warehouses at end 1,085*347 1 ,360,417 1 * 607,096 1*085,347 165,322 270*653 37*828 233*19« 155*683 201,458 64,938 266,396 10 1,0 16 308,481 232,724 412,348 645,072 69*559 500,121 60 58 6*198 7,496 527*965 276*497 18,724 137*455 165,322 232,724 137*455 232,724 $6,213,853 $4,264*813 319 ,6 6 1 654,612 $3*309*067 459*604 416.094 $37*729*507 3,110,183 1*709*640 $33*716*579 4,184,765 42,543,330 38*451*99® 24,938,691 29*123,456 13*496 414,033*905 10*3# SPARKLINC WINES (Liquid Oallons)* Stook in Customs Bonded Warehouses at beginning Total Imports (Proe and Dutiable) Available for Consumption Entered into Consumption (a) Exported from Customs Custody Stook in Customs Bonded warehouses at end DUTIES COLLECTED ONt Distilled Liquors Still Wines Sparkling Wines Total Duties Colleeted on Liquors Total Duties Collected on other Commodities TOTAL DUTIES COLLECTED Peroent Collected on Liquors 127*876 469*212 7*337*677 303*030 4 ,887,504 91.960,176 30,564,784 38*697*853 35*452,288 IfeO# I 3 .8# 325*7H 202,233 3*096*711 lf638.708 371*490,575_ 12 ■¡.2)8.573 363*750*571 (a) - Including withdrawals for ship supplies and diplomatic use* (Prepared by Division of Statistieo and Reoearoh, Bureau of Customs) 10*6^ TREASURY DEPARTMENT Washington Press Service fQR RELEASE, MORNING NEWSPAPERS, No. 9-53 •pr'~i^A.vT EebruarY 12» 1937«______ 2-11-37. _ ^ Imports of distilled liquors and wines and duties collected thereon for the month of December 1935, 1936, and the calendar years ended December 31, 1935 and 1936, have been reported by the Commissioner of Customs as shown in the following December 1936 , November 1936 LIQUORS (Proof Gallons) Stock in Customs Bonded Warehouses 3,424,539 3,403,393 at beginning...• Total Imports (Free 2,498,199 1,741,151 and dutiable). • Available for Con5,922,738 5,149,549 sumption......... Entered into Con— 2,495,356 1,723,574 sumption (a).... .. Stock in Customs Bonded Warehouses 3,426,042 3,424,539 at end......... . STILL WINES (Liquid Gallons) Stock in Customs Bonded Warehouses 1,360,417 1,456,217 at beginning.*.• Total Imports (Eree 265,721 449,031 and dutiable).... Available for Con 1,309,443 1,721,933 sumption. ........ Entered into Con 361,137 722,569 sumption (a).... Stock in Customs ■ Bonded Warehouses 1,035,347 1,360,417 at end......... . SPARKLING WINES (Liquid Gallons) Stock in Customs Bonded Warehouses 201,453 165,322 at beginning..•• Total Imports (Eree 64,933 127,376 and dutiable)•.., Available for Con 266,396 293,193 sumption, ....... Entered into Con 101,016 155,633 sumption (a).....• Stock in Customs Bonded Warehouses 165,322 137,455 at end.... ... DUTIES COLLECTED ON: $6,213,353 $4,264,313 Distilled Liquors 319,661 654,612 Still Wines 303.030 469,212 SPARKLING WINES Total Duties Collected $7,337,677 $4,937,504 on Liquors (&) Including withdraw70.1s for ship supplies December 1935 Calendar Year 1936 1935 distilled 3,355,370 4,222,560 4,232,960 1,072,763 14,392,140 7,290,447 4,929,638 13,614,700 11,563,407 696,234 15,093,537 7,036,217 4,222,560 3,426,042 4,222,560 1,479,672 1,607,096 1,766,539 497,373 2,621,993 2,363,329 1,977,045 4,229,039 4,129,916 369,561 3,120,467 2,493,223 1,607,096 1,085,347 1,607,096 270,653 232,724 325,712 37,823 412,348 202,233 309,491 645,072 527,945 69,559 500,121 276,497 232.724 137,455 232.724 $3,309,067 459,604 416,094 $37,729,507$33,716,579 3,110,133 3,096,711 1.703.640 1.639.709 $42.543.330$39..451.953 $4,134,765 ic use. and diplomat .. 11 of governmental or fiscal independence. - Finally, and most important, a general survey of existing state and federal taxation would undoubtedly lead to the elimination "both of injustices and of evasions which are almost inevitable in forty-nine uncoordinated systems. The Secretary of the Treasury has already indicated the problem see it, and the general approach we are making. as we In an address before the Tax Revision Council, he said: HThe basic problem, as I see it, is to be just to the t a x p a y e r s . , Duplicate taxes cause waste, but that is a detail. The greater problem is to restore equilibrium in the tax structure as a whole, in order, primarily to be fair and just. r,The first step, in my opinion, is to make, a careful survey and analysis of the total tax structure of the country to determine just how the burden of our governmental expenses is now distri buted. ,f The Treasury has recently published the first results of this survey. The Secretary continued: "Next, T would note what practicable changes in the combined tax structure of the country would produce a sound and more equitable distribution of the total burden. In the third dace, I would concentrate upon a few important and workable means of eliminating conflicts, and overlapping in a manner consistent with our analysis of what constitutes a fundamentally desirable- tax structure. Finally, having arrived at a few important possibilities which we know to be fundamentally sound, we can then attempt to put them into effect.” A fair solution of the whole problem cannot be arrived at over night, nor is it likely to spring full-grown from the head of even the most thoughtful expert. The solution is more likely to be the final result of a series of investigations, study and conference business men, economists and lawyers by the interested tax adiriinistrators, It is with the view of enlisting your own interest that I have ventured to address you upon this still unsettled problem this evening. ooOco 'al functions* ~10~ It is urged that if the taxpayer *s eyes are focused on Washington his concern for economy in his state will be replaced by a desire that his state shall obtain as much as possible out of the common fund; and thus that govern mental waste in the states will outstrip any economies in the tax administration itself* Similarly, that the present legal disputes over state jurisdiction to tax will simply be replaced by political disputes in Congress as to the fo rm u las for allocating revenues to the various states; and that these allocations will not necessarily bear any proper relationship to the functions the particular state is performing, or to its desserts as a revenue-producer* These questions have been receiving thoughtful consideration from congress ional committees, xrom the Interstate Conference of Legislators, from the National Tax Association, and from other students of the subject; The President directed the Treasury in 1935,fto undertake a study of sources of taxation, with particular reference to the matter of conflict or overlapping of Federal, State and local taxation11; and the President added: ,rWhen this study is complete it should furnish the basis for discussion of the problems involved with representatives of the states.H It is hazardous to forecast ary conclusions in advance of the completion of a study of this kind, but some general observations are possible. In the first place, it is nardly likely that any one of the plans I have mentioned— separation Ox sources, crediting sta.te against federal taxes, or federal collection and dis tribution will alone be used in the case of all the major duplicated taxes. It is more likely that some combination of these solutions, perhaps with others, will ultimately be found to produce the most satisfactory results. It is quite possible that, with more prosperous times, the national government or the states can and will voluntarily relinquish the imposition of some of the duplicated taxes Again, Congress may conclude for example, to substitute federal collection of gasoline taxes, plus an allocation of some or all the proceeds to such states as will relinquish their present gasoline taxes, in place of direct federal grants for highway construction* The states might thereby be assured of at least their present revenue, with less cost to themselves, and with no real loss 9 of forms that the definition of the credit would he extremely difficult. Hence, the crediting device, like a further separation of sources, can hardly he used to solve the whole problem of conflicts, though quite possibly its use can he advantageously extended somewhat. Federal collection and distribution of revenues from designated taxes has received distinguished advocacy from state tax: administrators* Several advan tages of such an arrangement have; an obvious appeal to taxpayers as well. Dupli cate administrations would be eliminated along with the concomitant harassments of double returns, double examinations, and possibly litigation. Indeed in the case of corporations doing business in several states, one franchise tax return could be substituted for the many now required; and the corporation's accounting officers would be relieved of the expensive task of allocating capital stock, property or income to the various states according to the almost completely divergent formulas employed by each if them. Difficult legal problems as to the jurisdiction of a particular state to levy a tax upon transactions across state lines, for example, would be eliminated, for the power of the federal government to levy the taxes as to which conflicts exist is well established. The present advantage which certain interstate businesses and transactions enjoy over domestic businesses would be ended, and the two would ee taxed upon the same footing. By the same token, tax bootlegging transactions across sta,te lines would be greatly curtailed, and the present state enforcement personnel could be reduced correspondingly, Finally, it would be more nearly possible to view the nation's tax system as a whole, and to adjust the incidence and the rates of taxation with measurable fairness. Critics of the plan do not deny these advantages, but stress political ob- ' jections which they regard as inherent in our form of government, The centrali zation of taxing power in the federal government arouses serious criticism from those who are anxious to preserve to the full the fiscal independence of the states, which they deem to be essential to a proper performance of its tradition government tax income, a similar agreement cannot readily be reached between 48 states and the national government. The slow accretion of public sentiment will probably lead to some further developments in the direction of separation of sources, perhaps concurrently with some shifting of governmental functions from the one sovereignty to the other, but the process will not be quickly or easily concluded. Two other solutions of the present conflicts have received wide advocacy: (1 ) the crediting of payments of designated state taxes against similar federal taxes, as is now permitted to some extent in the case of estate and inheritance taxes; and (2 ) federal collection of certain imposts, followed by distribution to the states of at least a part of the collections. The crediting device has directly brought about a considerable degree of uniformity in the rates of state inheritance taxes, as it was intended to do; and in effect has largely limited the total imposition upon any estate to the current federal rates. On the other hand, the crediting arrangement not only necessitates duplicate re turns, duplicate examinations and duplicate administrations, but involves serious practical complications in the final determination of the taxes due to the two jurisdictions in the case of sizeable estates. Although the main advantage of the crediting provision over other suggested methods of eliminating conflicts is that it leaves the state free to determine rates for itself, this independence is more apparent than real. Actually, the federal government is established as the dominant partner; it really determines the total rate, for the amount the states may collect is practically pretty well restricted to the credit which the federal government chooses to allow. Finally, the crediting device is possible only when the taxes imposed by the two governments are identical or at least very similar; and it can hardly be fairly employed, unless the tax in question is used almost universally by the states. The income tax meets the first test, but not the second, for important states, such as U.J. and Illinois, do not levy it. Taxes on corporations are generally levied by the states; but in such a variety A more likely suggestion is a separation of sources; that is, that the federal government should confine itself to certain agreed forms of taxes, and the states, to others. To some degree such a separation exists even now. The federal government has not resorted to property taxes, the mainstay of the local governments, for many years; and the constitutional requirement of apportionment according to population will prevent it from doing so to any important degree, | in the future. Similarly, the states are constitutionally prevented from levy ing customs duties-. removed* It is unlikely that either of these limitations will he The states are also under important restrictions in taxing corporation engaged in interstate commerce, or transactions a.cross state lines; and transfer of property deemed by the Supreme Court to have a legal situs in another state, A modification of some of these restrictions is certainly a possibility, for bills for this purpose have been introduced in Congress in past years, one of which has been favorably considered by the Senate.- A further separation of sources is possible, but the legal and practical obstacles are serious. principal conflicts occur in the cases of the lucrative taxes. The Thus the gaso line tax yielded $589 millions to the states in 1935, and $161 millions to the federal government* from this source. The federal government is now obtaining nearly $200 million Income taxes yielded to the states $240 millions in 1930 and $165 millions in 1935; while the federal government is now collecting $2,373 millions, neither the state nor the federal government will be anxious to risk the crippling of its resources in hard times, by a complete relinquishment of particular productive taxes. Moreover,- it is not easy to see how the sep aration could legally b e accomplished. While two business men or economists might be able to agree that the federal government alone should tax sales of tobacco, and the states alone, sale of gasoline; the states alone tax transfers of property at death, and the fédéra tion# 'Thus a sale of an automobile by a New York City dealer to a resident the city is now subject to a city sales tax* If the purchaser orders the car across the river in New Jersey for delivery in New York, it is possible t* arrange matters so that the sale will not be taxable in either -olace. Similarly a Delaware corporation may maintain an active branch in Ohio, but so conduct its affairs that it is not legally doing a local business there, but merely taking orders which are accented or rejected at the home office elsewhere. It has been urged that these exemptions can be eliminated by a federal enabling act, increasing the taxiing power of the states. However, serious difficulties must be overcome in the formulation of the grant of power, if an undesirable double taxation by independent states of companies doing an interstate business is to be avoided, with accompanying litigation. Certainly some uniform foramls for allocating property or income to the respective states should be nut into effect, if it is at all possible; and that result is hard to achieve by indepen dent state auction. Granted that some coordination of state and federal taxing systems has therefore become desirable, the next step is to devise means for eliminating the present conflicts without violence to the present structure of government. A brief survey indicates difficulties in the way of any of the suggested solu tions^ In a federal system of government, freedom of action by states and the nation within their respective spheres, particularly in financial matters, is axiomatic. The central government*s difficulties under the articles of the confederation, when it sought to depend upon requisitions of funds from the constituent states, demonstrate the need by any sovereignty for an independent power to tax if it is to live a life of its own. While a grant to the federal government of the sole power of taxation would end the present conflicts, it would also end state and local government as we know them now. would wish to pay that or ice* Few citizens low limitations of the credit hut the levy of the gift tax at much lower rates than the estate tax is effective in promoting large inter vivos gifts, and thereby preventing the imposition of any death taxes at all. Similarly, since the federal income tax is relatively low in the middle ranges of the surtax brackets, the states have in fact largely restricted themselves to income tax rates of a con« verse sort.., that is, rakes which like that of New York are graduated rather steepll in the lower ranges, hut which flatten out in the upper brackets. The gasoline tax, on the other hand, is levied at higher rates by the states than by the federal government, a tacit recognition of their priorities in this field. In all cases, each government must necessarily adjust its. impositions somewhat to the existing taxes of the others, for the total exaction must not be so great as to imperil or to dry up the flow of revenue. But this rough adjustment is arrived at, of course, tax by tax, without much consideration of the tax system as a whole. Each juris diction is apt to seize upon the readiest instrument for meeting its revenue needs, more or less regardless of the use already being made by other jurisdictions. It is therefore quite likely that some sources are being overtaxed; and that some taxes could be m^re advantageously administered by one jurisdiction alone, and.not necessarily by the jurisdiction which now collects the chief revenue therefrom,' Finally, it is becoming increasingly hard for stakes to formulake their finan cial programs, without knowledge of whak the federal government will do. Another objection to the present uncoordinated system arises out of the constitutional barrier to stake taxation which is deemed by the federal courts to burden interstate commerce. In the first place, it is by no means easy to define what types of taxes may validly be used by the stakes and what taxpayers may be subjected to them. Again the eomolete absence of any imposition upon sane types of transactions legally interstate in character, while similar transactions legally local in character are taxed, frequently encourages transactions which are economically undesirable and which would never occur but for this discrim in a- 4« Prom the same group cf taxes, the federal government will derive approximated $4,321 millions in 1936-37. In other words* somewhat more than half* the state revenues and nearly three^-fourths of the federal revenues are now derived from taxes which are levied by both jurisdictions* In addition, some of these taxes, notably the gasoline tax, are also levied by local subdivisions; and Hew York City made an abortive attempt to impose an income tax and inheritance tax. It may be urged that the levy of two taxes by two jurisdictions on the same subject is no more objectionable than the levy by a single jurisdiction of a single tax at the combined rate. The total tax burden is the same in both cases. But this proposition is only superficially correct. We do not have satisfactory statistics on the cost to taxpayers of paying taxes, that is, of preparing the original return-, and such supplemental data as may be required; of conferring with! examining agents; of formulating protests against proposed additional taxes; and ef litigating unsettled questions, are considerable. nevertheless, it is evident that these costs Moreover, they are certainly much greater if the taxpayer must submit returns to several administrations than they would be if he were responsible! to only one. Finally, the determination of the amounts due to several states and to the federal government under different forms of statutory provisions, which change with some frequency-, is difficult in any case; and undoubtedly the cost of the determination nearly equals the tax itself in some instances. Similarly, the cost to the governments of maintaining duplicate and independent administra tions, must be greater than the cost of a single bureau. In the second places either the state or the federal tax is likely to become dominant in the course of years, so far as any particular type of impost is con cerned. The federal government certainly dominates the estate tax and gift tax field, and so long as the present federal tax is maintained the stades secure large additional revenue from this source* can hardly Hot only is the federal c r e d it provision a strong encouragement to states to keep their rates wihin the relatively - 3 on corporations measured "by their net income, and of a proposed amendment to the Constitution to permit the taxation of all incomes* The amendment was ap~ j proved by the requisite number of states in 1913 and a statute imposing such a tax followed in the same year. The far brought not only an enormous de velopment in the income tax, hut the introduction of the excess profits tax, the capital stock tax, an elaborate list of new excise taxes, and the readoption of a tax on transfers at death, this time in the form of an estate tax. These taxes were reduced or repealed after the war, but the depression necessitated the restoration of some, and increases in rates in others# At the present time the backbone of the federal revemies is made up of the income tax ($2,373 millions); the estate and gift taxes ($415 millions); and a great variety of ex cise and stamp taxes on sales of various commodities ($506 millions); in ad dition to the original big three, customs ($447 millions); liquor taxes ($595 millions); and ti»ba,cco taxes ($542 millions). To summarize in another way, out fcf $5,189 millions of estimated internal revenue collections for the current year; about 45 percent will come from the income tax, and about 8 percent from estate and gift taxes, the remaining 47 percent will come for the most part from many different forms of excise taxes, principally taxes on specified sales In the meantime, the pressure for additional revenue has similarly led the states and their subdivisions into several new forms of taxation. The general property tax remains the chief producer, its revenues going for the most part t local subdivisions* Following the lead of Wisconsin in 1911, state income taxe have come into force in some thirty states; the gasoline tax has been univer sally adopted; general sales taxes are now in effect in 23 states; and excise j taxes on various commodities, principally tobacco, are widespread. Thus we finj six types of taxes which are levied both by the Federal Government and by twent three or more states, though in varying forms:} estate and inheritance taxes; W come taxes; gasoline taxes; sales taxes; liquor taxes; and tobacco taxes. this group the states derived $1,334 millions in 1935. Frp® *-2— $12,500 millions, currently "being collected, $5,500 millions goes to the federal government, $2,500 millions to the state governments and $4,500 millions to the local governments. Partly because -problems of federal taxation seem to have attracted more attention and discussion than the problem of coordinating state and federal fiscal systems; partly because the latter problem is basic in con sidering the virtues of the present fiscal systems, or the wisdom of proposals for changes; your chairman has asked me to devote most of my time to it this evening. In the question period following this address, it will be possible to discuss other current problems in which you may be interested. During the period from the Civil Wax until the adoption of the income tax amendment in 1913, the states and the federal government quite successfully avoided overlapping taxes. The need for revenue was much less than it is today, for the demandfor governmental services was less and the state and federal governments could and did satisfy their respective requirements, without much resort to common types of taxes. To be sure, the aggregate of wealth and of income on which the taxes fell was the same, but the particular imposts were distinct. Federal revenues sprang from three main sources, customs duties, liquor taxes, and tobacco taxes. The state and local governments depended for their revenue almost entirely on the general property tax and special corpora tion taxes. During the Civil War, and again in the nineties, the federal govern; ment resorted to income and inheritance taxes, but in neither ca.se was the experiment long-lived. It io not surprising therefore that men came to believe, as no douot some still do, that the '’proper” exercise of the federal taxing power consisted of the three traditional imposts, and that other types of taxes were abnormal and indeed undesirable, A revolution in this state of affairs began shortly before the World War and was brought to fruition during the .war years and the period since, Agita- tion for a federal income tax led to the adoption by Congress in 1909 of a tax TREASURY REPARTI ÎEHT Washington The following address hy Roswell Meg ill,- Under Secretary of the Treasury, is for delivery before the Business and Professional M enrs Group at the University of Cincinnatir Cincinnati, Ohio, on the evening of Pebruary 12, 1937. It is released for publication on delivery# The Coordination of State and Federal Taxes The President^ Budget Message annually focuses the at tient ion of business men and other taxpayers upon the problems of financing the activities of the federal government. It is well that the message and its accompanying statements should snow in detail, as they do, tne exact sources of the various governmental revenues, and the items for which expenditures are estimated. The man who described tne best tax a.s tne one wr.ich plucks the feathers from the goose but causes, the least snuawking was not a modern economist, for the modern trend of thought in taxation is directed toward a tax-conscious public. The more acute the citizerfs consciousness oi his tax ourdens, the more active his interest in the operations and particularly the expenditures of the state. But the Budget, the reports oî the Secretary of the Treasury and of the Commissioner of Interned Revenue, because of their very deta.il, are formidable documents even for à business man to read and understand* Moreover, it is important that the federal taxes should be considered in their proper association with the state taxes which are oeing levied simultaneously upon the sane income, wealth, transactions and taxpayers# The federal taxes yield about forty-five percent of the total annual tax collections in the United States* out of if ice conditions permit; otherwise she will base temporarily at Halifax, N.S. The object of the Ice Patrol is to locate by scouting and by radio information the icebergs and field ice nearest to and menacing the North Atlantic lane routes. This International service is carried on by the Coast Guard unden the provisions of the International Convention for the Safety of Life The establishment of a regular Ice Patrol followed the sinking of the TITANIC on April 14, 1912, and has been carried on annually since then. The efficiency and value of the service is reflected in the fact that since its establishment there has been no loss of life within the scope of operations of the Ice Patrol, due to collision with icebergs. * Coast Guard Headquarters Washington, D. C. - February 12 , 19J FOR THE PRESS The International Service of Ice Patrol will be inaugurated by the Coast Guard in the North Atlantic Ocean in the general region of the Grand Banks, on or about February 15th* The inauguration of the Ice Patrol, the date of which varies from year to year, is governed by the approach of ice in the North Atlantic towards the North Atlantic steamship lanes. Commander G% W. MacLane, Commanding Officer of the Coast Guard cutter CHAMPLAIN, will be in command of the International Ice Patrol. The Coast Guard cutter CAYUGA was dispatched February 5 to the Grand Banks to make a survey and study of ice conditions in that area, and as a result of this survey the International Ice Patrol will on the unusually early date of commence/February 15. The Coast Guard cutters CHAMPLAIN, MENDOTA and GENERAL GREENE will constitute the International Ice Patrol Force for the season of 1937. The cutter PONTCHARTRAIN has been designated as the standby vessel to relieve one of the vessels of the Patrol Force if necessary. The CHAMPLAIN will inaugurate the Ice Observation Service. The MENDOTA, Commander Henry Coyle commanding, will be prepared to sail from Norfolk, Virginia, when directed by the Commander, International Ice Patrol Force, by March 1, or earlier if necessary. The GENERAL GREENE, carrying Mr. Floyd M. Soule, Senior Physical Oceanographer, will be prepared to leave Woods Hole, Massachusetts, when directed by the Commander, International Ice Patrol Force, March 15 or earlier if conditions make it necessary. It will be the duty of the CHAMPLAIN and the MENDOTA to maintain a continuous patrol throughout the entire ice season, which usually continues until about the first of July. Each vessel remains on patrol for a 15-day period, basing at Halifax, Nova Scotia, for fuel and supplies. The GENERAL GREENE will be used primarily for oceanographic survey work, and will base ismpar at St. Johns, Newfoundland, £ The GENERAL GREENE, carryin g Senior P h ysica l Oceanographer Floyd M. Soule, w i ll aw ait orders from the Force commander t o proceed from Woods Hole, M assachusetts, on March 1 5 , or e a r lie r i f necessary. The CHAMPLAIN and MENDOTA w i l l be under th e North A tla n tic steamship lan es throughout the < e n tire ic e season, which u su a lly continues u n t il about the end o f June. Each v e s s e l w i l l remain on p a tr o l fo r a 15-day p eriod , basing a t H a lifax, Nova S c o tia , fo r fu e l and su p p lie s. The GENERAL GREENE w i l l be used p rim arily fo r oceanographic survey work, basing a t S t . Johns, Newfoundland, un less ic e con dition s req u ire temporary harbor a t H a lifa x . Under the 1929 In tern a tio n a l Conference fo r the S a fety o f Lives a t Sea, t h is se rv ic e i s c a rrie d on by the Coast Guard with a l l maritime nations S providing a pro ra ta share c o s t. o f the I t s e f fic ie n c y ¿¿rva lu e i s r e fle c t e d , according to shipping i n t e r e s t s ,in the f a c t th a t sin ce i t s establishm ent th ere has been no lo s s of l i f e due to c o llis io n s w ith icebergs w ith in the Patrolfts scope o f op eratio n s. - 0O0- Press R elease, No . FOE RELEASE, MORNING NEWSPAPERS, Saturday, February 15« 1957 2/12/57 The United S ta te s Coast Guard w i l l inaugurate i t s 1957 In tern a tio n a l S ervice of Ice P a tro l in the Grand Banks reg io n of the North A tla n tic Ocean on Tuesday, February 16, i t was announced today with the issuance of orders f o r the four-month operation by Rear Admiral R u sse ll R. Waesche. The e a r ly opening date f o r the steamship lane a c t i v i t y , the Commandant explained, re s u lte d from observations made sin ce th e f i r s t o f th is month by the c u tte r CAYUGA. D uties of the p a tro l w i l l be to lo c a te by scouting and by radio inform ation the iceb ergs and f i e l d ic e nearest to and menacing the North A tla n tic commercial la n e s . This w in te rfs operation w i l l be the f i r s t under the Act o f Congress of June 25, 1956, which continues under sta tu te # the p a tr o l conducted under execu tive order sin ce the sinking of the T ita n ic in 1912. The a c tu a l p a tr o l, which provides a t le a s t one v e s s e l on constant tw enty-four hour watch during the ic e season, w i l l g et under way w ith the departure of th e c u tte r CHAMPLAIN from New York, with i t s ca p ta in , Commander G. W. MacLane, assigned to be in charge of the Coast Guardfs In tern a tio n a l Ice P a tro l Force fo r 1957. w i l l p a r tic ip a te in the op eratio n . Three other c u tte rs They are the MENDOTA, GENERAL GREENE and PONTCHARTRAIN, the l a t t e r designated as a standby v e s s e l to r e lie v e one of the reg u la r p a tro l ships i f necessary. The MENDOTA, with Commander Henry Coyle commanding, w i l l be prepared to s a i l from N orfolk, V ir g in ia , by March 1 , or e a r lie r i f nec essa ry , the date to be d ire cte d by Commander MacLane. TREASURY DEPARTMENT Washington EOR RELEASE, MORNING NEWSPAPERS, Saturday. February 13. 1937» 2-12-37 . Press Service No. 9-59 The United States Coast Guard will inaugurate its 1937 Internationa]. Service of Ice Patrol in the Grand Banks region of the North Atlantic Ocean on Tuesday, February 16, it was announced today with the issuance of orders for the four-month operation by Rear Admiral Russell R. Waesche. The early opening date for the steamship lane activity, the Commandant explained, resulted from observations made since the first of this month by the cutter CAYUGA# Duties of the patrol will be to locate by scouting and by radio information the icebergs and field ice nearest to and menacing the North Atlantic commercial lanes. This winter*s operation will be the first under the Act of Congress of June 25, 1936, which continues under statute the patrol conducted under Executive Order since the sinking of the Titanic in 1912* The actual patrol, which provides at least one vessel on constant twenty-four hour watch during the ice season, will get under way with the departure of the cutter CHAMPLAIN from New York, with its Captain, Commander G.W. MacLane, assigned to be in charge of the Coast Guardi International Ice Patrol Force for 1937. Three other cutters will participate in the operation. They are the MENDOTA, GENERAL GREENE and PONTCHARTRAIN, the latter designated as a standby vessel to relieve one of the regulat patrol ships if necessary* The MENDOTA, with Commander Henry Coyle commanding, will be prepared to sail from Norfolk, Virginia, by March 1, or earlier if necessary, the date to be directed by Commander MacLane., ^ —2— The GENERAL GREENE, carrying Senior Physical Oceanographer Eloyd M. Soule, will await orders from the Force Commander to proceed from Wood.s Hole, Massachusetts, on March 15, or earlier if necessary. The CHAMPLAIN and MENDOTA will he under orders to cover the North Atlantic steamship lanes throughout the entire ice season, which usually continues until about the end of June. Each vessel will remain on patrol for a 15-day period, basing at Halifax, Nova Scota, for fuel and supplies. The GENERAL GREENE will be used primarily for oceanographic survey work, basing at St. Johns, Newfoundland, unless ice conditions require temporary harbor at Halifax. Under the 1929 International Conference for the Safety of Lives at Sea, this service is carried on by the Coast Guard with all maritime nations providing a pro rata share of the cost. Its efficiency and value is reflected, according to shipping interests, in the fact that since its establishment there has been no loss of.life due to collisions with icebergs within the Patrol*s scope of operations. ccOoo s puTrthflses on the marked 1/4 1 /5 1 /7 1 /8 l/ll 1 /1 2 1 /U 1/25 1/27 1/3 in January« 1957» for investment account: U. S. Government Life » e • a a a • a a a a Postal Um s. Gov*t Life • ♦ a a a D. C. Teachers • • a a a U. S. Gov*t Life a a a a a Postal a a a a a TJ. S. Gov*t Life a a a a a Postal e e a a a A. P. C. a a a a a U. S. G o v n Life Total purchases: a a a a a a a a a $2,000,000 6,542,300 48,000 1,000,000 281,000 1,500,000 1,355,000 1,000,000 137,000 200,000 300,000 14,363,500 February 12, 1937 TO m . GASTON: During the month of January, 1937, the following market transactions took place in Government securities for investment accounts: Total purchases . . . . . . . #14,363,300 Total sales ...... . Net purchases: §14,363,300 TREASURY DEPARTMENT OFFICE OF THE SECRETARY C O M M IS S IO N E R O F W A S H IN G T O N A C C O U N T S A N D D E P O S IT S February 12, 1937* TO MR» GASTONi During the month of January, 1937, the following market transactions took place in Coverm»nt securities for investment accounts: Total purchases • • • • » * * $14,363,300 Total sales * * * * •*•* Net purchases: *•©** $14,363,300 TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Monday, February 15, 1937. , Press Service No. 9-60 Net market purchases of Government securities for Treasury investment accounts for the calendar month of January, 1937, amounted to $14,363,300, Secretary Morgenthau announced today. ooOoo TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, T u r n e r . February 16. 193?*___ 2/15/37 Press Sendee Secretary of the Treasury Morgenthau announced last evening that the tenders for 150*000*000» or thereabouts* of 273-day Treasury bills, dated February 17 and maturing Novem ber 17* 1937* which were offered on February 11* were opened at the Federal Reserve banks on February 11* The total amount applied for was 1154*486*000* of which |50*027*000 was accepted* The accepted bids ranged in price from 99.745* equivalent to a rate of about 0.336 per cent per annum* to 99*706* equivalent to a rate of about 0.388 percent per annus* on a bank discount basis. Only part of the amount bid for at the latter price urns accepted. The average price of Treasury bills to be issued is 99.717 and the average rat© is about 0.373 percent per annum on a bank discount basis. TREASURY ¡DEPARTMENT Washington NOR RELEASE, MORNING- NEWSPAPERS, Tuesday, February 16« 1937« 2/15/37 Press Service No. 9-61 Secretary of the Treasury Morgenthau announced last evening that the tenders for $50,000,000, or thereabouts, of 273-day Treasury hills, dated February 17 and maturing November 17, 1937, which were offered on February 11, were opened at the Federal Reserve banks on February 15. The total amount applied for was $154,486,000, of which $50,027,CCC was accepted* The accepted bids ranged in price from 99,745, equivalent to a rate of about 0,336 percent per annum, to 99.706, equivalent to a rate of about 0.388 percent per annum, on a bank discount basis. bid for at the latter price was accepted. Only part of the amount The average price of Treasury bills to be issued is 99,717 and the average rate is about 0,373 percent per annum on a bank discount basis* — cOo r-c A Heavier travel from foreign countries into the United States and an increased volume of customs transactions, was announced by the Bureau of Customs today, for the first six months of the present fiscal year, as compared with the corre sponding period the preceding year. From foreign ports, 25,768 vessels - an increase of 8 per cent- brought 659,255 passengers. A total of 16,385,196 pe rsons entered in 6,212,716 automobiles, an increase of 11 per cent in the number of cars. A total of 15,040 persons entered 2,804 in^aircraft, an increase of 17 percent. 1,250,485 persons entered in busses, a 7 percent increase. 17,203 passenger trains brought 651,260 passengers, an increase of 104,416 person^ Freight traffic across the borders numbered 877,660 cars, an increase of 15 percent. Packages of merchandise ex a m in ed b y c u s to m s o f f i c e r s w e re a s f o l l o w s : 8 2 0 ,7 4 4 a t Ian i n c r e a s e o f 45 p e r c e n t ^ appraisers storesJT" 261,799 at importers’places of businessj an Hf[ increase of 3 per cent; 6,474,778 on wharves,at freight tenninSs and on highways, a 30 per cent increase; and 3,772,005 mail paclsges, an increase of 10 percent® E x a m in a tio n o f m e r c h a n d is e p a c k a g e s r e s u l t e d a b o ve th e in in c re a s i i n v o i c e d v a lu e a m o u n tin g t o f 8 4 0 ,6 5 8 . M e rc h a n d is e k entries totalled 1,604,869, a 15 percent increase. Export declarations totalled 1,705,433, and -o- increase of 9 percent. TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Wednesday, February 17, 1937* Press Service No* 9-62 Heavier travel from foreign countries into the United States and an increased volume of customs transactions, was announced by the Bureau of Customs today, for the first six months of the present fiscal year, as compared with the corresponding period the preceding year i From foreign ports, 25,768 vessels — brought 659,255 passengers. an increase of 8 per cent — A total of 16,335,196 persons entered in 6,212,716 automobiles, an increase of 11 per cent in the number of cars* A total of 15,040 persons entered in 2,804 aircraft, an increase of 17 per cent. 1,250,435 persons entered in busses, a 7 per cent increase. 17,203 passenger trains brought 651,260 passengers, an increase of 104,416 persons* Freight traffic across the borders numbered 377,660 cars, an increase of 15 per cent* officers were as follows. 45 per cent* Packages of merchandise examined by customs 820,744 at appraisers stores, an increase of 261,799 at importers1 places of business, ail increase of 3 per cent? 6,474,773 on wharves, at freight terminals and on highways, a 30 percent increase; and 3,772,005 mail packages, an increase of 10 per cent. 'Examination of merchandise packages resulted in increases above the invoiced value amounting to $840,653. a 15 per cent increase. Merchandise entries totalled 1,604,869, Export declarations totalled 1,705,433, an increase of 9 per cent. ccOoc TREASURY D8PABMEfflf Washington FOR RELEASE, MORNING NEWSPAPERS, Saturday. February 20. H E * -2/19/3? Press Serriee %-<*!> Secretary of the Treasury Morgenthau announced last evening that the tenders for $60,000,000, or thereabouts, of 273-day Treasury bills, dated February 24 and maturing November 24, 113?, which were offered on February 17, were opened at the Federal Reserve banks on February 19. The total amount applied for was $134,519,000, of whioh $50,024,000 was accepted. The accepted bids ranged in price from 99.776, equivalent to a rate of about 0.295 percent per annum, to 99.700, equivalent to a rate of about 0.396 percent per annum, on a bank discount basis. Only part of the amount bid for at the latter price was accepted. The average price of Treasury bills to be issued is 99.708 and the average rate is about 0.386 percent per annum on a bank discount basis. TREASURY DEPARTMENT Washington FOR RELEASE, M0RNING NEWSPAPERS, Saturday, February 20, 1937» 2/19/37 Dress Service No. 9-63 Secretary of the Treasury Morgenthau announced last evening that the tenders for $50,000,000, or thereabouts, of 273-day Treasury bills, dated February 24 and maturing November 24, 1937, which were offered on February 17, were opened at the Federal Reserve banks on February 19. The total amount applied for was $134,519,000, of which $50,024,000 was accepted. The accepted bids ranged in price from 99.776, equivalent to a rate of about 0.295 percent per annum, to 99.700, equivalent to a rate of about 0.396 percent per annum, on a bank discount basis. part of the amount bid for at the latter price was accepted. Only The average price of Treasury bills to be issued is 99.708 and the average rate is about 0.386 percent per annum on a bank discount basis. — oOo— i W Mil jTlHlI'WbiIWI yebruafcy 19, 1937. MT:DC Collaotor of Internal Bevenne, Milwaukee, Wisconsin. Receipt le aoknowledged of your letter of february 11* 1937, with which you subdt a olipping from the Milwaukee Journal pubii shed on Fabruary 9, 1937, relative to thè practica of eertaln «aployers in your Distríct adding an item of 2 per eent to thè ir b ilie or lnvolees and l i s t i n i sueh item es e social seeurity tax« A tax of 2 per cent of the sale price of an artiole would he neoessarily greatly in exceso of the amount of taxes imponed under the Social Security Act with respect to the oompensatlon of the maployees engaged in the production of such artiole« Xven though an enployer might in some instanees be paying, on behelf of hie eaployees, the tax imponed under the Social Security Act on such employees, as well as the tax invocad on the employer, the su® of those tazos would not in any Ínstanos be measured by the sala pricc of the artleles seid« Acoordlngly, to indicate an item on an insolca as a social seeurity tax, whleh Item amounta to 8 per cent of thè sale pricc of thè art lele listad on thè invoice, would be a palpable misrepresentatlon of thè amount of taxes actuaily impoaed under thè S o d a i Seeurity Act« this form of misrepreeentation would bo subjcct to the provisiona of seetlon 1123 of the 1evenne Aet of 1933 velatimi to frauda on purehasers, whleh in made applicable to the S e d e i Seeurity Aet by seetlon 807(c) of that Aet. fS 'W '"' « D. S« Bllss, Deputy Commissioner. CJTimvr T R EA SU R Y DEPARTMENT W A S H IN G T O N OFFICE OF COMMISSIONER OF INTERNAL REVENUE ADDRESS REPLY TO COMMISSIONER OF INTERNAL REVENUE a n d REEER.TO-- February 19, 1937 MEMORANDUM FOR: Mr. J . L* McGrew, Head, P u b lic R elations D iv is io n . There is attached a copy o f a l e t t e r addressed to the C o lle c to r o f In tern a l Revenue, Milwaukee, W isconsin, r e la t iv e to an a lle g e d p r a c tic e o f c e rta in employers in th at D is t r ic t adding an item of 2 per cent to t h e ir b i l l s or in v o ices and rep resenting such item to be a ta x imposed under the S o c ia l S e c u rity Act* I t seems d e sira b le th at t h is l e t t e r be made the b a sis o f a press re le a s e on the su b ject and, a cco rd in g ly, i t i s recom mended th at such press re le a s e be prepared a t th e e a r lie s t p ra c tic a b le moment. U* £U J3JL1SS, Deputy Commissioner* - 2- a ta x imposed under the a u th o rity o f the United S ta te s , knowing th a t such statement i s f a ls e or th a t the ta x i s not so g re a t as the p ortion o f such p r ic e a scrib ed to such ta x , s h a ll be g u il t y o f a misdemeanor and upon con v ic t io n th e re o f s h a ll be punished by a fin e o f not more than $1,000 or by imprisonment not exceeding one y e a r, or b o th .” Treasury Department Bureau o f In te rn a l Revenue Washington For Immediate Release Press Release No • 83?*** February 23, 1937 « th a t i t had been brought to h is a tte n tio n th a t em ployers'in some in stances were adding an item o f 2 percent to t h e ir b i l l s or in v o ices and l i s t i n g such item as a s o c ia l s e c u r ity ta x , / A ta x o f 2 percent o f the s a le p ric e o f an a r t i c l e would be n e c e s s a r ily g r e a t ly in ex cess o f the amount o f taxes imposed under the S o c ia l S e c u rity Act w ith resp ect to the compensation o f the employees engaged in the production o f such a r t i c l e . Even though an employer might in some in stan ces pay the s o c ia l s e c u r ity ta x on b e h a lf o f h is employees as w e ll as the ta x on the employer, the sum o f th ese ta x es would not in any case be measured by the s a le p ric e o f the a r t i c l e s so ld . For t h is reason, to in d ic a te an item on an in v o ice as a s o c ia l s e c u r ity ta x , which item amounts to 2 percent o f the s a le p ric e o f the a r t i c l e li s t e d on the in v o ic e , would be a p alpable m isrepresenta tio n o f the amount o f ta xes imposed under the S o c ia l S e c u rity A ct, Persons engaged in t h is form o f m isrepresentation would be su b ject to prosecution under the p ro v isio n s o f Section 1123 o f the Revenue Act o f 1926 r e la tin g to frauds on purchasers, which are made a p p li cable to the S o c ia l S e c u rity Act by S ectio n 807 (c) o f th a t A ct, Section 1123 o f the Revenue Act o f 1926 reads as fo llo w s: ’’Whoever in connection w ith th e s a le or le a s e , or o ff e r fo r s a le or le a s e , o f any a r t i c l e , or fo r the pur pose o f maiding such s a le or le a s e , makes a ry statem ent, w ritte n or o r a l, (1 ) intended or ca lc u la te d to lead any person to b e lie v e th a t any p a rt o f the p ric e a t which such a r t i c l e i s sold or le a s e d , or o ffe re d fo r s a le or le a s e , c o n s ists o f a ta x imposed under the a u th o rity o f th e United S ta te s , or (2) a sc rib in g a p a r tic u la r p art o f such p ric e to «j Press Release No. 9-64 FOR IMMEDIATE RELEASE Tuesday, February 23, 1937 The Secretary cf the Treasury made known today that it had been brought tc his attention by the Commissioner cf Internal Revenue that employers in seme instances were adding an item cf 2 percent tc their bills or invoices and listing such item as a social security tax. A tax cf 2 percent cf the sale price cf an article would be necessarily greatly in excess of the amount cf taxes imposed under the Social Security Act with respect tc the compensation cf the employees engaged in the production of such article. Even though an employer might in seme instances pay the social security tax on behalf cf his employees as well as the tax on the employer, the sum cf these taxes would not in any case be measured by the sale price cf the articles sold. For this reason, to indicate an item on an invoice as a social security tax, which item amounts tc 2 percent of the sale price of the article listed on the invoice, would be a palpable misrepresentation cf the amount cf taxes imposed under the Social Security Act. Persons engaged in this form of misrepresentation would be subject tc prosecu tion under the previsions cf Section 1123 of the Revenue Act of 1926 relating tc frauds on purchasers, which are made applicable tc the Social Security Act by Section 307 (c) cf that Act. Section 1123 of the Revenue Act cf 1926 reads as fellows? 2 ,f¥hoever in connection with the sale or lease, or offer for sale or lease, of any article, or for the purpose of making such sale or lease, makes any statement, written or oral, (1 ) intended or calculated to lead any person to believe that any part of the price at which such article is sold or leased, or offered for sale or lease, consists of a tax imposed under the authority of the United States, or (2) ascribing a particular part of such price to a tax imposed under the authority of the United States, knowing that such statement is false or that the tax is not so great as the portion c-f such price ascribed to such tax, shall be guilty of a misdemeanor and upon conviction thereof shall be punished by a fine of net mere than $1,000 or by imprisonment net exceeding one year, or bcth*H -oOo* c TREASURY DEPARTMENT (U. S. Coast Guard) Washington EOR RELEASE, MORNING NEWSPAPERS Sunday, February 28, 1937. 2/25/37. Press Release No. 9-65 As an aid to air transport safety, the United States Coast Guard today directed attention to developments over the last six years hy the pilots and technicians of the Service that are proving highly Scatisfactory in practice. Commander E. C. Zeusler, Chief of Coast Guard Communications, said that each new improvement in the field of radio direction finding had ■been made available to the public as it was perfected for use by rescue and scouting planes. Because application of the "radio compass" was dependent upon an elementary training in navigation, such as is required of all Coast Guard personnel, officers of the aviation division said this method of determining position has offered no obstacle to its adoption for use in their aircraft. Pilots of the Service, Commander Zeusler pointed out, have been re porting complete ease of radio navigational checks during flight. They also say that correction for the advance of the plane during the operation of obtaining a "fix" is a simple matter. "Seagoing officers have an advantage in the use of this equipment, " said the Commander, "since they have used metallically shielded anti static loop antennas on vessels for the past fourteen years. The Coast Guard has found them an effective means for obtaining satisfactory radio direction finder operation, in spite of the atmospheric electrical dis turbances set up by rain, snow, sleet, sand, smoke or dust." 2 The first Coast Guard aircraft installation of this device was made in February of 1951 at the Cape May (N.J.) Air Station on plane CG-X6 . Shortly thereafter, all Coast Guard planes were provided with this device, which proved its value not only for direction finding, hut also as an aid to reception of communications during conditions of excess static. Even with the introduction of the radio directional beam, the Coast Guard still looks upon the antenna loop as a valuable adjunct to air safety equipment and as a vitally necessary device when their aircraft fly out to sea where the radio beam is not available and at such times as the radio beam*is undependable. By 1933, the necessity for extending radio direction finding to the higher frequencies resulted in the development of the double anti-static loop. The larger loop is used on the low and intermediate (200 to 1500 kilocycles) frequency band while the small or inner loop covers the Coast Guard high frequency band (2600 to 5000 kilocycles). Heed for a new refinement appeared in 1935 when the advent of high speed planes required drastic reduction of air resistance and air turbulency characteristics of the circular type of loop. This was accomplished by reducing the diameter of the loop from twelve inches to six inches and enclosing the loop within a streamlined housing. The loop enclosed in the streamlined housing has an air resistance of approximately two pounds at 200 miles per hour while the former open circular type offered as much as 57 pounds resistance at 200 miles per hour. Furthermore, the new stream lined affair eliminated the undesirable tendency to a d I xt ice which characterized the circular type. No la&io direction finder is any "better than its calibration. In order to meet this basic and extremely important requirement, all radio direction finders installed in Coast Guard airplanes are carefully cali brated in order to eliminate directional errors which result from the effect of the airplane itself on approaching radio waves. This error is determined by placing the airplane on a specially constructed cart or t'dolly1’ and orienting the plane in azimuth while trained observers note the difference between the radio and visual bearings taken on the calibrating target which consists of a radio transmitter stationed about two miles distant from the plane. Coast Guard engineers are now Y/orking on adaptations of the cathode ray device for indicating true bearings that will provide automatic allyilluminated dial markings for use in connection either with the beam or the direction finder. *• Comparison of p rin c ip a l items o f a sse ts and l i a b i l i t i e s o f n atio n al banks-Continued I page 2 (In thousands o f d o lla r s ) ; Dec. 31» June 30 , : 1936 1936 Dec. 3 1 , 1935 Increase or decrease : Increase or decrease sin ce June 30» 1936 : sin ce Dec. 3 1 , 1935 Anount : Percent : Anount : Percent LIABILITIES - Continued C ap ital stock (hook v a l u e ) . . ................................. Surplus............................................................................ p r o f it s and re s e rv e s.................................................. Total c a p ita l a c c o u n t .................................. $1 , 598 ,8 15 $1 , 6 9 1 ,3 7 5 l,OU6,582 973,393 525.613 500,960 3,1^5,728 3 . 1 7 1 .0 1 0 __ -192,560 $1,758,^50 887 , 931+ 73,189 2h 657 >+5 8 ,7 7 7 3 ,1 0 5 !lb l .......5,282 66,836 65!849 -9.08 1 7 .87 1 H.5 7 2 .12 -1 7 1 ,9 12 - 1 ,7 1 1 12,896 - 16 0 .7 2 7 -3 5.2 5 - 6 .IU I .0 3 -9 .10 -5.*+7 -$ 15 9 ,6 3 5 158,6^8 7-52 1+.92 .1 7 MEMORANDA Par valu e o f C apital stock: Class A p referred sto c k ....................................... Class B p referred s t o c k .¿ ..v ............................. Common s t o c k .. -.v..................................................... T o ta l........................................................................ R atio o f loans to to ta l d e p o sits ......................... . . .p ercen t. R atio o f tj. S. Gov’ t deposits to to ta l deposi t s . ^percent. R atio o f p o sta l savings to t o ta l d e p o s it s .... . . .p ercen t. R atio o f U. S. Government and p o sta l savings d e p o s its to to ta l d e p o sits..................................... . . ♦ p ercen t. R atio o f U. S. Government o b lig a tio n s h eld to amount outstanding................................................. . . .p ercen t. D ire c t...................................................................... . . .p ercen t. F u lly guaranteed as to in te r e s t and p r in c ip a l............................................................ . . .p ercen t. ■-Rote: Minus sign denotes decrease. U2 3 , 22 S 315,771 19,310 1,269,930 1 , 6 0 5 ,0 11 1,25^,762 1 , 698 ,251 29 . 9U 2 9 .6 1 20 ,2 61 -IO ? ,U57 ^87,683 21,021 - 95 I 1 5 ,1 6 8 ... . 1 , 2 5 7 , 03*».. -93,290 1,76 5,738 3O. 2 I 2 .3 6 2.0U •3^ 2.6^ -53 2 . 3S 3-17 3 .11 22. Gk 21,66 2 2 . Uo 2 1 .UÎ+ 2 2 .9 2 22. I 5 2 9 .6 7 2 9 .1 1 27.9S -75 - 2 5.3 9 -U .69 1 .2 1 -5.1+9 TREASURY DEPARTMENT Press Service No, FOR RELEASE, MOMING NEWSPAPERS, I Tuesday, March. 2f, 1937 Washington %-*~i - yy Comptroller] of the Currency J.F.T. O’Connor today released the following figures: © te ~>i4>1 - Statement showing comparison of principal items of assets and lia b ilitie s of active national barites as of December 31, 1936, June 30 , 193^, and December 31 , 1935* (In thousands of dollars) Dec. 31, 1936 : June 30 , : 1936 : Increase or decrease : Increase or decrease Dec. 31, : since June 30 , 1936 : since Dec. 31, 1935 : Amount : percent : Amount : Percent 1935 -.80 -6 l 5,392 ......-**3 . . -1-1.3 Number of banks,.................................. 5,331 .... 5.37H. ASSETS Loans and discounts............................... $g,267,32S $7,759,l**9 $7,505,321 $508,179 7,812,112 IT.S. Government obligations, direct and fully guaranteed. 8 ,685 ,55!* 8 ,1*1*7 ,36!* 238,190 Other bonds, stocks, and securities.................. 4,094,490 3,665,1*21* l*,035,261 59,229 Reserve with Federal Reserve banks....... ..... .... . 3,828,463 307,562 3,1*36,909 3,520,901 Cash in vault..,-.................................. ^3l,6o4 1*93,839 -13,191 512,503 Balances with other banks.......................... fr,6 »,ilg U, 209 ,57!* 305,281* fr.32 g.g31 Total reserve with Fédéral Reserve banks, cash, and balances with other banks.... ............ 8 ,981,081 8,381,1*26 8,11(0,322 599,655 Total assets... ¿v................................ . 31,070,Wa 2 9 ,702,839 28,221*,701 1 ,367,602 LIABILITIES Demand deposits of individuals, partnerships, and corporations. J................................. Time deposits of individuals, partnerships, and cor porations (excluding postal savings)...... ...... . Postal savings deposits.......................... . U. S. Government*deposits......................... State, county and municipal deposits............. Deposits of other banks, etc....................... Total deposits............................ Bills payable__I...................... Rediscounts.....I-».......... .. 1 2 ,691,606 7 ,281 ,1*91* 9 2 ,87!* 565,356 2 ,057,872 **,919,195 27,608,397 2 ,58 8 62 $762,007 873,1(1*2 *(29,066 391,55** 2**,661* **2l*,5l*l 7.15 U.60 81*0,759 2 ,81*5 ,71*0 10.08 1 ,0 2 5 ,73 ** 8.79 1,779,^89 16.31 206,950 -1*1*,502 585,289 -127,171 1,979,01(0 -50 ,6 ll* **,367,617 397,547 2 l*,81*7^733 1 ,**07,91*1+ 163 2,233 769 -385 2.93 -32.39 -18.36 -2 .1*0 8.79 5.37 1*61*,818 -91*,320 -19,933 6.82 -50 .V* -3.**i 3-98 11 ,665,872 1 0 ,911,717 7,07U, 51*!*137,376 692,527 2,108,1*86 1*,521,61*8 " 2 6 ,200,453 2,1*25 1*1*7 6 ,816,676 (See page 2) 10.15 2.82 l.**7 8 .7U -2 .1*8 7.05 187,39** 6.55 6.72 -86.13 73,332 551,573 2 ,760,664 355 -70 7 11.18 11.71 11.39 4.99 10.09 10.33 12.63 11.11 I5 .9O -91.91* TREASURY DEPARTMENT Press Service No* For RELEASE, MORNING NEWSPAPERS, Washington Tuesday. March 2. 1937 2-27-37 . Comptroller of the Currency J.F.T. O ’Connor today released the following figures: Statement showing comparison of principal items of assets and liabilities of active national oanks as of December 31, 1936, June 30, 1936, and December (In thousands of dollars) :. Dec. 31 » : : 1916 _ • ■*-j j '-'---- : Number o f banks.................................................... ....................... ASSETS Ttoans end discounts ...................................................... TT>§<>Government ooligations, direct and fu lly guarant Other bonds, stocks, and securities............................. Reserve with Federal Reserve banks ............ .................... Cash in vault ......... .... *— * ......*..... Balances with other banks ............................................ Total reserve with Federal Reserve oanks, cash, and balances with other banks ................. Total assets * .......................... . »*............................ LIABILITIES Demand deposits of individuals, partnerships, and corporations ................... ......................................... Time deposits of individuals, partnerships, and cor porations ( excluding postal savings)............. Postal savings deposits.............................................. U. S. Government deposits............................. .............. State, county and municipal deposits................. . Deposits of other banks, e tc .............................. . Total d e p o sits..*,............................................... B ills payablV. * ............... - ..................... Rediscounts 9-66 ..... *.»*...... ****..... * ••■** June 30, 1936 ' : 31, 1935. Increase or decrease : Increase or decrease Deo. 31. : since June 30, 1936 : since Dec. 31 , 1935 : Percent Percent : Amount : 1935 : Amount -1.13 -6 l - .80 -43 5,392. >5.331 q.T7*+ ... $8,267,328 ed. 8,685,55^ U,09^,^90 ... 3,828.^3 513,503 U. 63U .115 $7,759,l*+9 g,UU7.36U l+,035.261 3,529.901 531.69*1 U. 32 s , 331 S.QS1.0S1 ... 31 ,-vo.uui g. 381426 29,702,239 8.40,322 28,224,701 599.655___ 1,367.602 4 .6 o s u o .759 2,S*+5,7*+0 10.33 10 4 3 12,691,606 11 ,665,872 10,911,717 1 ,025.73*+ 3.79 1,779,389 16.31 ?,281,*+9*+ 92,87*+ 565.356 .... 2,057,272 U.919,195 . 27.60S.397 ?, 07^, 5 ^ 137,376 692,527 6,si6,676 ... .... .... ___ 2,53S 62 (See page (g 2,108486 4.521.6U3 $ 7,505,321 7,812,112 3 ,665,1+2*+ 3, *136,909 *+93,839 *+.2oq.57*+ 187,39*+ 585,289 i,979,0*+0 U.367.617 2*+.o*+7,733 26.200453 2>25 ' 2,233 4+7 769 2) aag) $ 508,179 6.55 233,190 2 .S2 59,229 307,562 - 13,191 305,28*+ l.%7 8.74 -z M 7.0 1 . 7.15 206,950 -4U,502 -127,171 -50,64 397,54-7 464,818 -9^,520 -19,933 78,832 551,578 163 -385 2.760,661+ 355 -70 7 2.93 -32.39 - 18.36 -24a 8.79 l,*+07,9*+*+__ _____ 5.37^ 6 .72 -S6 .13 10.15 11.18 11.71 11,39 4.99 . 10.09 $762,007 873*^2 H 29,066 391,55^ 24,664 424.54i 6.82 — 50.I+U -3 4 i 3v9S 12.63 1 1 .1 1 15 .9 0 -91.9*+ page 2 Comparison of principal items of assets and liabilities of national banks - Continued Dec. 31* 1936 : : CD î 0 (In thousands of dollars) 1956 : Increase or decrease :Increase or decreas* Dec. 31 , : since June 30, 1936 : since Dec. 31, 1935 Percent Percent : Amount : : 1935 .: Amount LIABILITIES - Continued Profits and reserves.......... Total capital account .... Par value of Capital stock: Glass A preferred stock. .. Class B preferred stock... Common stock ............ Total.................. Ratio of loans to total deposits................percent Ratio of U. S. Gov’t deposits to total deposits..percent Ratio of postal savings to total deposits....... percent Ratio of U. S. Government and postal savings de posits to total deposits.......... percent Ratio of U. S. Government obligations held to amount outstanding............... ........... •-Percent Direct............................ percent Fully guaranteed as to interest and principal......................... *.......percent Hôte: Minus sign denotes decrease. 1 ,75s. >+50 $1,598,815 i ,o U6,532 R25.613 171.010 $1,691.375 973.393 Q go 3,165,723 315,771 U 23,223 437,633 21,021 1.29H.762 1 ,693,251 1.257.034 29.61 2 .6H .53 30.21 2.36 2.3s 3.17 3.11 22.64 21.66 22.Ho 21M 22.92 22.15 29.67 29.11 27.9s 19,310 1 .269,930 1 ,605,011 29.9^ 2.0H f y G O 20,261 $ 837,931* ^58i7l7 3,105,lDl 1 .765,73s .75 -$92,560 73»139 24,653 5,282 - 5 .0 -107O57 -25.39 -4.69 r .21 -5.0 -951 15.168___ -93.20) 7.52 -$159,635 153,64s 092 .17 65,349 66,336 - 171,912 -i,7H 12,396 - 160,727 -9 .03 17.37 1^.51 2.12 -35*25 -8.14 1.03 -9.10 TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Monday, March 1, 1937. Press Service Flo. 9-67 The United States Public Health Service, in cooperation with State health authorities, made effective today a comprehensive program of attack on the more permanent health and sanitation problems resulting from the recent flood in the Ohio and Mississippi River valleys. 1. The program, in two phases, calls fori Grants to state and local health authorities to prevent the spread of disease and preserve the health of those who had been in the flood area. 2. Temporary expansion of existing health service facilities and creation of new health units in communities now lacking in organized health facilities. Allocations are to be made by Surgeon General Thomas Parran to states, for use over a six-month period, following the approval on February 26 by the President of a Congressional resolution setting aside $1,062,000 from the first deficiency,relief appropriation for special health needs that appeared in the wake of the flood. Problems with which the health authorities will cope include the.following? Restoration of safe drinking water in urban and rural communities. Sanitation of wells and springs and testing thereof for safe usage. Safe disposal of human waste. Conditions are particularly bad in some of the rural districts. Sanitary privies will be constructed to alleviate the situation under the direction of health unit personnel. Rehabilitation of homes which were submerged to make them safe as well as healthy, Most submerged homes are now placarded and cannot be re-entered until inspected and found fit by local authorities, Notices issued by such authorities advise owners how to make homes again habitable. The health of individuals will be protected, with emphasis on that of school children who will be immunized against smallpox and diphtheria, particularly. Inspections of children will be made in accordance with local laws and regulations. Rural health work will be undertaken to provide the people with such health and sanitary safeguards as may. be necessary to a comfortable existence and to prevent the spread of disease. To assist in meeting the need for local health personnel, the Public Health Service will lend a number of medical officers to help local authorities' (l) to aid in the present emergency, and (2) sc that these officers may be of greater service to the general wellrbeing in the future. Fifteen of the younger Public Health officers will be placed in the field for the joint purpose of learning as well as helping. These men will be taken from the hospitals conducted by the Public.Health Service, even though there is a shortage of assistance in those institutions. Ten of these officers will take local posts in Kentucky to undertake communicable dis ease control and to try to head off disease before it intrenches itself. Fifty nurses will be employed by the State Health Department for work in Kentucky’s stricken sections for public health nursing work, including the super vision of school.children, prenatal care of expectant mothers and postnatal care after childbirth. Work will be done' in control of venereal diseases and facilities will be pro vided fcr early diagnosis and treatment. The Public Health Service pointed out that outbreaks.of epidemics cf social diseases are just as possible as are those of ether, ailments. Hospital records may be checked to ascertain whether or net rheumatic fever, often fatal to children, is contracted by living in damp houses, as some authorities (sentend.. This is an example of the opportunities for research afforded by the disas ter. The Public Health Service noted that local health authorities in many communi ties are trying tc take over lands where homes have been destroyed, with the idea of turning spaces most likely tc be again submerged into parks. The primary motive is to get people into higher regions and cut of the mere dangerous localities. One cf the prime objectives cf the program of the State health authorities -3and the Public Health Service is tc educate people in communities and counties where there are nc local health agencies tc the value cf such organizations, in normal as well as emergence times. Dr, Robert Olesen, cf the Public Health Service, whe recently returned from a month’s stay in the flood region, pointed cut the value of such local organizations and cited the assistance rendered,by adjacent and more safolir situated counties and communities tc those in distress. He likened the advance of the health authorities from the uninjured regions to a troop movement in a gigantic battle where reserves are brought up from the rear tc reinforce the weak spots of the front line. ceOco THSASIOT DSPü R Î S Œ T Washington Press Service FOR RELEASE, MORNINO NKWSPà PERS , Tuesday» March 2* 1937« 3/1/3? f - é e Secretary of thè Treasury Morgenthau announced la et evonlng that the tender« for tv© «erte« of Troasury bilis, to be dated March 3, 193?, whlch vere off erad on February 23, vere oponed at tbe Federal Reserve banks on March 1* Tender« «ere invitad for tbe tvo eeriefi to thè aggregate aaount of #100,000,000, or thereabouts, and #226,382,000 vas applied for, of which #100,027,000 va« acceptsd. Tbe detail« of tbe tvo «crie« are a« follove: 105-DAY TRSASURf BILLS« MàTQRIEQ JUNE 16. 1937 For tbis serie«, vbich vas for #30,000,000, or thereabouts, tbe total aaount applied for va« #111,863,000, of vbieb #30,023,000 vas aocepted* Tbe aocepted bide ranged in prise fresa 99*933, équivalant to a rate of about 0*161 percent per annum, to 99*92?, équivalent to a rate of about 0*250 percent per annum, on a bank discount basi«* ^Only part of tbe amount bld fer at tbe latter prie® vas aocepted) Tbe average prise of Treasury bilis of thia series to be iseued is 99*935 and tbe average rate is about 0*224 percent per annum on a bank discount basi«* 873-BAY TREASURY BILIS. MàTtlRIKQ D I M 1* 1937 For tbis «eri««, vbich vas for #50,000,000, or thereabouts, tbe total amount applied for «as #114,519,000, of «hlch #50,004,000 vas aocepted* The aocepted bide ranged la prie# fFom 99.775, équivalent to a rate of about 0*297 percent per annua, to 99*666, équivalent to a rate of about 0*440 percent per annua, on a bank discount baste* Tbe average prise of Treasury bill« of tbis A series to be lssued la 99*695 and tbe average rate is about 0*402 percent per annum on a bank discount basis. TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Press Service No, 9-63 Tuesday," March 2, 1937,_________ 3-1-37. Secretary of the Treasury Morgenthau announced last evening that the tenders for two series of Treasury hills, to he dated March 3, 1937, which were offered on February 26, were opened at the Federal Reserve hanks on March 1. Tenders were invited for the two series to the aggregate amount of $100,000,000 or thereabouts, and. $226,332,000 was applied for, of which $100,027,000 was accepted. The details of the two series are as follows: 105-DAY TREASURY BILLS, MATURING JUNE 16, 1937. For this series, which was for $50 ,.00',000, or thereabouts, the total amount applied for was $111,363,000, of.which $50,023,000 was accepted. The accepted, bids ranged in price from 99.953, equivalent to.a rate of about 0.161 percent per annum, to 99,927, equivalent to a rate of about 0.250 percent per annum, on a bank d.iscount basis. Only part of the amountbid for at tho latter price was accepted. The average price of Treasury bills of this series to be issued is 99.935 and the average rate is about 0.224 percent per annum on a bank discount basis. 273-DAY TREASURY BILLS, MATURING DECEMBER 1,1937. For this series, which was for $50,00"',000, or thereabouts, the total amount applied for was $114,519,000, of which $50,004,000 Was accepted. The accepted bids ranged in price from 99.775, equivalent to.a rate of about 0.297 percent per annum, to 99.666, equivalent to a rate of about 0.440 percent per annum, on a bank discount basis. Only part of the amount bid for at the latter price was accepted. The average price of Treasury bills of this series to be issued is 99.695.and the average rate is about 0.402 percent per annum on a bank d.iscount basis. ooOoo treasury: department Washington Press Service No. 9- FOR RELEASE, AFTERNOON NEWSPAPERS, Wednesday« March 5, 1957.________ 3-2-37. Secretary Mergenthau announced today that total receipts of silver by the United States Mints, under the Executive Proclamation of December 21, 1933, by purchase as provided in the Silver Purchase Act of June 19, 1934, and by transfer under the Executive Proclamation of August 9, 1934, amounted to 1,188,268,000 ounces, as of the close of business on January 31, 1937. Acquisitions were divided as follows; Under Executive Proclamation of December 21, 1933 ,125,82 , Purchased under Act of June 19, 1934 . 9 4 9 , 4 4 2 t 900- fiS 'ò i Transferred under Executive Proclamation of August 9, 1934..112,99.„ 00O00 ounce « TREASURY" DEPARTMENT V "Washington FOR RELEASE, JumtuuusL NEWSPAPERS Press Service No* 9- 0 b ^C j Secretary Morgenthau announced today that total receipts of silver by the United States Mints, under the Executive Proclamation of December 21, 1933, by purchase as provided in the Silver Purchase Act of June 19, 1934, and by transfer under the Executive Proclamation of August 9, 1934, amounted to 1,188,266,948 ounces, as of the close of business on January 31, 1937« Acquisitions were divided as follows: Under Executive Proclamation of December 31, 1933 ##< 125,828,709 ounces Purchased under Act of June 19, 1934 Transferred -under Executive Proclamation of August 9, 1934 .......... — oOo— f 949,441,501 112,996,738 " TREASURY DEPARTMENT Washington Vress Service ^-*69 FOR RELEASEj MORNING NEWSPAPERS, Thursday, March. 4,. 1937« I*.3-3 7. Secretary Morgenthau announced today that total receipts of silver "by the United States Mints, under the Executive Proclamation of December 21j 1933, by purchase as provided in the Silver Purchase Act Ox June 19, 1934, and by transfer under the Executive Proclamation of August 9, 1934, amounted to 1,1^3,266,948 ounces, as of the close of business on January 31, 1937» Acquisitions were divided as follows: Under Executive Proclamation of December 31, 1933*. 125,323^709 ounces Purchased under Act of June 19,1934 < * 949,441,501 ounces Transferred under Executive Proclamation of August 9, 1934,......... *..,. i............... 112,996,733 ounces ooOoo 4 Increasing vigilance by the states against the marihuana weed, was shown today in a report prepared by Commissioner of Narcotics Harry J* Anslinger for submission to foreign nations co“*operating with this country in control of harmful drugs« Required under the terras of the 1931 Geneva narcotics limitation convention, the 1936 report, compiled only 0b the basis of information supplied by the states to the Treasury Department, indicates a decided shri ie seizures of bulk marihuana but a sharp upturn« in the number of growing plants found by state officers# **?yhiie this problem is only indirectly a « M K concern of this Bureau,” said the Commissioner, ”we are obliged by treaty to gather this information and analyze it for the guidance of other nations interested in curbing the traffic in all forms of illicit narcotics# ”It is our feeling that the increase in plant seizures means that the state authorities are learning better how to identify the marihuana weed and are now making seizures before The 1935 report show seized by the reporting states# Lants Last year the Commissioner received figures of only M three tons in bulk seizures but 11,322 plants out down while still growing© The summary reporting states, is as follows* table, as submitted by the SEIZURES OF MARIHUANA IF THE UNITED STATES, CALENDAR YEAR 1936, AS REPORTED BY STATE AMD MUNICIPAL ENFORCEMENT OFFICERS No. of Seizures Cigar ettes 1 1 120 19 1 2 6 1 3 4 1 1 20 16 7 15 2 5 12 10 1,146 168 Missouri New Jersey New Mexico New York 4 8 3 14 123 60 4 484 2 61 15 Ohio Penna. Texas Utah Virginia Washington Wisconsin 41 11 17 6 2 6 1 1,318 118 58 39 14 44 430 4 362 338 5,892 State Alabama Arizona California Colorado Delaware Dist. of Col. Florida Georgia Hawaii Illinois Indiana Kentucky Louisiana Maryland Mass. Michigan Minnesota Miss. Total NOTE* Bulk Marihuana Tons Pounds Ounces p 623 .53 3 17 28 98 24 9 51 9.09 2 158 61 10 4 7 4 50 1*217 474 51 291 1 Growing Plant s Plants Pounds 1icres Quantity Unknown 1 1,195 700 3 95 52 1,308 11 13.3 12.1 5.25 8 10 10,600 200 2,500 2 Large Number 131,500 8.2 6 10.5 12 13.25 13 .3 4 9,000 2 large crops 195 303 30 6 Large quantity 3 951 3.99 11,322 143,225 6 4 large crops No seizures of marihuana were reported during 1936 for the states not shown in the above list. / TREASURY DEPARTMENT Washington FOR RELEASE, AFTERNOON NEWSPAPERS, Friday, March 5, 1937,________ ■ 3-4-37. Press Service No. 9-70 Increasing vigilance hy the states against the marihuana woed was shown today in a report prepared hy Commissioner of Narcotics, Harry J. Anslinger, for submission to foreign nations cooperating with this country in control of harmful drugs. Required under the terms of the 1931 Geneva narcotics limitation convention, the 1936 report, compiled only on the basis of information supplied by the states to the Treasury Department, indicates a decided shrinkage from 1935 in the seiz ures of bulk marihuana but a sharp upturn in the number of growing plants found. by state officers. wWhile this program is only indirectly a concern of this Bureau”, said the Commissioner, ”we are obliged by treaty to gather this information and analyze it for the guidance of other nations interested in curbing the traffic in all forms of illicit narcotics. nIt is our feeling that the increase in plant seizures means that the state authorities are learning better how to identify the marihuana weed and are now making seizures before the drug has been harvested.” The 1935 report showed 195 tons of bullf marihuana and 1,012 plants seized by the reporting states. Last year the Commissioner received figures of only three tons in bulk seizures but 11,322 plants cut down while still growing. The summary table, as submitted by the reporting states, is as follows: / m ; - 2- SEIZURFlS OF MARIHUANA IN THE UNITED STATES, CALENDAR YEAR 1936, AS REPORTED BY STATE AND MUNICIPAL ENFORCE MENT OFFICERS • Bulk Marihuana No. of CigarTons.Pounds' 'Ounces Plants Seizures ettes_____. ______ " ’ '! v-;" State Alabama 1 Arizona 1 California 120 Colorado 19 Delaware 1 Dist. of Col. 2 Florida O Georgia 1 Hawaii 3 Illinois 4 Indiana 1 Kentucky 1 Louisiana 20 Maryland 16 Mass. 7 Michigan 15 Minnesota 2 Miss. 5 12 10 1,146 168 2 623 53 3 17 28 98 24 9 51 9.09 2 158 61 10 7 4 50 1,217 474 51 291 1 1 1,195 700 3 95 52 1,308 Missouri New Jersey New Mexico New York 4 8 3 14 123 60 4 484 2 61 15 Ohio Penna. Texas Utah Virginia Washington Wisconsin 41 11 17 6 2 6 1 1,318 118 58 39 14 44 430 4 362 338 5,892 Total Crowing Plants Pounds Acres Quantity Unknown 4 11 10,600 13.3 200 12.1 5.25 3 10 8.2 6 10.5 12 13.25 13 .3 9,000 2,500 Large Number 131,500 195 303 2 large crops 30 4 6 large quantity 3 951 3.99 11,322 143,225 ~ — • --------NOTE: 2 No seizures of marihuana were reported during 1936 for the states not shown in the above list*. ooOoo 6 4 large 1 crops INSOLVENT NATIONAL BANKSLIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTE OF ~_________ FEBRUARY, 1937--Conti_____________ Date o f F a ilu re : Lyon County N ational Bank, Rook Rapids, Iowa 10 - 20-31 F ir s t N ational Bank, Hampshire, 111* J2/ 1-12-34 Farmers-Merchants Nat*l Bank, P rin ceto n , Wis . 2/ 1-15-34 Bozeman Waters F ir s t N at*l Bk*, P o s e y v ille , Ind. 1-20-32 Central N ational Bank, Oakland, C a lif* 2 j 5 -8 -3 3 Zj Total Disbursements Including O ffs e ts Allowed: $ 867,838*00 233*277.00 338,523.00 507,376.00 20,926,556.00 Formerly in Conservatorship Per Cent Total D isbursements To T otal L ia b ilitie s : 76.19 107.87 107.73 96.01 104.48 Per Cent D ivid ends Declared To A ll Claimants: 71.9 2 110 . 108.26 93.8 3 106*74 INSOLVENT NATIONAL BANKS. LIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTH OF ______________ FEBRUARY, 1937— Cont:____________ Date of Failurej Liberty National Bank, Waco, Texas 1 / 6 -3 -3 2 12 — 1-3 2 The Belmont National Bank, Belmont, Ohio 1 / 8-12-32 First National Bank, Mount Olive, Illin o is 1/ 10-11-32 First National Bank, Gormania, West Virginia 1/ Farmers & Merchants Nat’ l Bank, Milbank, S* D ak.1/12-11-33 First National Bank, Del Rio, Texas 1/ 1 / 12-12-33 Total Disbursements Including Offsets Allowed: $ 1 8 4 , 14 0 »00 per Cent Total Disbursements To Total L iab ilities: 15,267»00 1 1 0 , 262,0 0 62,098.00 38,384*00 61.38 56.38 54.62 86,69 58.04 425.179.oo 100» Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation» Per Cent Dividends Declared To All Claimants: 61.38 3 4 .2 7 4 9 6 18.196 28,805 1 4 .3 5 100» INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED •OR RESTORED TO SOLVENCY DURING THE MONTH OF _________ FEBRUARY, 1937____________ _____ Date of Failures 8-17-27 Citizens National Bank, Waynesburg, Penna. 7 - 25-29 First National Bank, St. Augustine, Florida 5-24-32 First National Bank, South Glens Falls, N* Y. National Black River Bank, Proctorsville, Vt. 2/ 12-5-33 12-28-32 First National Bank, Rocksprings, Texas Total Disbursements Including Offsets Allowed: $ Per Cent Total Disbursements To Total Liabilities: 4 ,0 7 7 ,5 3 3 .0 0 1 ,4 5 8 ,3 2 2 .0 0 62.41 408,590.00 2 7 3 .5 5 7 .0 0 90 ,5 0 2 .0 0 105.42 109.62 9 9 .7 5 8 7 .9 9-4-31 10-16-31 9-26-30 10-18-32 I--I-30 3 0 3 *5 0 1 .0 0 84.39 177*680.00 5 6 2 ,7 9 7 .0 0 71*664.00 285.778.00 7 5 .1 5 9 5115 4 9 .6 3 8 4 .9 5 First National Bank,Cherry Tree, Pa. 2/ First National Bank, McLeansboro, 111* First National Bank, Maquoketa, Iowa Farmers & Merchants Nat’l Bank, Merced, Calif . National Bank of Seymour, Iowa First National Bank, Auburn, Nebraska 10-13-33 8 — 4 -3 0 6-28-3,2 9-234gy 12-30-31 IO-I3 -3 I 721,062.00 311,119.00 503,301.00 951,683.00 112,094*00 266,169.00 66*06 5 1 .9 1 7 2 .6 2 6 4 .7 5 Commercial National Bank, Eufaula, Ala* First National Bank, Jasper, Florida First National Bank, Stewartville, Minn. Clymer National Bank, Clymer, penna. Brown National Bank, Jackson, Minn. IO-27 -3 I 5 -I3 -3 0 10-15-31 8 -22 -3 O 10-3-32 189,074.00 115,087.00 407,167.00 4 5 5 ,7 7 0 .0 0 200 ,0 45.0 0 94.18 59. 84*44 65.08 91.56 First First First First First National National National National National Bank, Bank, Bank, Bank, Bank, Westbrook, Minn* Isanti, Minn* Altus, Oklahoma Scappoose, Oregon Humphrey, Nebraska 66.82 80*65 Per Cent Dividends Declared to All Claimants: 100. 29.07 84.93 10 6 *2 1 1 3 .5 8 0 .4 6 7 .7 9 88* 18.1 76.6 55*53 34-07 59 .427 50.15 54*43 66.74 7 7 .5 4 4 .0 8 82*8 60 .0 9 79.75 - 8 - 54.62 per cent o f t o t a l l i a b i l i t i e s . FIRST NATIONAL BARK, Gormania, West V ir g in ia . D epositors and c re d ito rs o f record were p aid in f u l l by assumption of l i a b i l i t i e s by another bank. R eceiver was appointed October 1 1 , 1932 fo r the purpose of c o lle c t in g a sto ck assessment coverin g d e fic ie n c y in valu e o f assets so ld and/or c o n s istin g u n fin ish ed liq u id a tio n . Dividend payments to the sole c re d ito r (the assuming bank) amounted to 28.805 per cent p r in c ip a l. T otal disbursements under th is rece iv e rsh ip aggregated $62,098 rep resen tin g 86.69 p er cent o f t o ta l l i a b i l i t i e s * FARMERS AND MERCHANTS NATIONAL BANK, Milbank, South Dakota. D epositors and c re d ito rs o f record were p aid in f u l l by assumption o f l i a b i l i t i e s by another bank. R eceiver was appointed December 1 1 , 1933 fo r the purpose o f c o lle c t in g a sto ck assessment coverin g d e fic ie n c y in value o f a ssets so ld and/or completing u n fin ish ed liq u id a tio n . Dividend payments to the sole c r e d ito r (th e assuming bank) amounted to 14.35 p er cent p r in c ip a l. T otal d is bursements under th is rec e iv e rsh ip aggregated $38,384 rep resen tin g 58.04 per cent o f t o ta l l i a b i l i t i e s . FIRST NATIONAL BANK, Del R io, Texas. D epositors and c re d ito rs o f record were paid in f u l l by assumption of l i a b i l i t i e s by another bank. R eceiver was appointed December 1 2 , 1933 fo r the purpose o f c o lle c t in g a sto ck assessment coverin g d e fic ie n c y in value o f assets sold and/or complete u n fin ish ed liq u id a tio n . Dividends to the so le c r e d ito r , (the assuming bank) amounted to 100 p er cent p r in c ip a l. T o tal disbursements under th is re c e iv e rsh ip aggregated $425,179 rep resen tin g 100 per cent o f to ta l lia b ilitie s - 7 and was p laced in con servato rsh ip . May 8, 1933. I t was f i n a l l y p laced in re c e iv e rsh ip D epositors and other c re d ito rs re c e iv e d , in clu d in g o f f s e t s allow ed , $20,926,556, rep resen tin g 104.48 per cent o f t o t a l l i a b i l i t i e s . Unsecured c re d ito rs re ce iv e d 100 per cent p rin c ip a l p lu s an a d d itio n a l dividend o f 6.74 per cent rep resen tin g in te r e s t in f u l l . Stockholders re c e iv e d $180,581 p lu s the a s s e ts remaining u n c o lle c te d . LIBERTY NATIONAL BAKE, Waco, Texas. D epositors and c re d ito rs o f record were paid in f u l l by assumption o f l i a b i l i t i e s by another bank» R eceiver was appointed June 3 , 1932, fo r the purpose o f c o lle c t in g a sto ck assessment coverin g d e fic ie n c ie s in value o f a s s e ts sold and/or to complete u n fin ish ed liq u id a tio n . Dividend payments to the so le c re d ito r (the assuming bank) amounted to 61.38 p er cent p r in c ip a l. T o tal disbursements under t h is re c e iv e rsh ip aggregated $184,140 rep resen tin g 61.38 per cent o f t o t a l l i a b i l i t i e s . THE BELMONT NATIONAL BANK, Belmont, Ohio. D epositors and other c re d ito rs o f record were paid in f u l l by assumption o f l i a b i l i t i e s by another bank. R eceiver was appointed December 1 , 1932 f o r the purpose o f c o lle c t in g a stock assessment covering d e fic ie n c y in value oA* a s s e ts sold and/or com pleting unfinished liq u id a tio n . Dividend payments to the so le c re d ito r (the assuming bank) amounted to 34.27496 p er cent p r in c ip a l. Total disbursements under th is re c e iv e rsh ip aggregated $15,267, rep resen tin g 56.38 per cent o f t o t a l l i a b i l i t i e s . FIRST RATIONAL BANE, Mount O liv e , I l l i n o i s * D epositors and c re d ito rs o f record were p a id in f u l l by assumption o f l i a b i l i t i e s by another bank. R eceiver appointed August 1 2 , 1932 f o r the purpose o f c o lle c t in g a sto ck assessment covering d e fic ie n c y in value o f a s s e ts sold and/or com pleting u n fin ish ed liq u id a tio n . Dividends to the so le c r e d ito r (the assuming bank) amounted to 18.196 p er cent p r in c ip a l. T o tal disbursements under th is re c e iv e rsh ip aggregated $110,262 rep resen tin g - 6 - LYON COUNTY NATIONAL BANK, Bock Bap id s , Iowa. This hank was p laced in re c e iv e rsh ip October 20, 1931. Depositors and other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed, $867,838, repre sen tin g 76.19 p er cent o f t o t a l l i a b i l i t i e s . Unsecured c re d ito rs received 71.9 2 p er cent o f th e ir claim s* FIB ST NATIONAL BANK, Hampshire, I l l i n o i s . This bank did not reopen a f t e r the Banking Holiday o f March, 1933, was p laced in con servatorsh ip . January 1 2 , 1934. I t was f i n a l l y p laced in rece iv e rsh ip D epositors and other c re d ito rs re c e iv e d , in clu d in g o ffs e ts allow ed, $233,277, rep resen tin g 107.87 p er cent o f t o t a l l i a b i l i t i e s . Un secured c re d ito rs received 100 p er cent p rin c ip a l p lu s an a d d itio n a l d iv i dend o f 10 p er cent rep resen tin g in te r e s t on th e ir cla im s. Stockholders rece iv e d the sum o f $54 to geth er w ith the a s s e ts remaining u n c o lle c te d . FARMERS-MERCHANTS NATIONAL BANK, P rin ceto n , W isconsin. This bank did not reopen a f t e r the Banking Holiday o f March, 1933, a-nfl was p laced in con servato rsh ip . January 1 5 , 1934. I t was f i n a l l y p lace d in re ce ive rsh ip D epositors and other c re d ito rs re c e iv e d , in clu d in g o ffs e ts allow ed, $338,523, rep resen tin g 107.73 p er cent o f t o t a l l i a b i l i t i e s . Un secured c re d ito rs received 100 p er cent p rin c ip a l p lu s an a d d itio n a l d i v i dend o f 8.26 p er cent rep resen tin g in te r e s t in f u l l . Stockholders received the sum o f $4592 togeth er w ith the a s s e ts remaining u n co lle c te d . BOZEMAN WATERS FIRST NATIONAL BANK, P o s e y v ille , Indiana. This bank was p laced in rece iv e rsh ip January 20, 1932. Depositors a-nr) other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed, $507,376, representing 96.01 p er cent o f t o t a l l i a b i l i t i e s . Unsecured c re d ito rs received 93.83 per cent o f th e ir claim s. CENTRAL NATIONAL BANK, Oakland, C a lifo rn ia This bank d id not reopen a f t e r the Banking Holiday o f March, 1933. - 5 COMMERCIAL NATIONAL BANK, Eeräfi2a.v Alabama. This bank was p laced in receiverw hip October 27, 19 31. D epositors and other c re d ito r s rece iv e d , in clu din g o f f s e t s allow ed, $189,074, rep resen tin g 94.18 p er cent o f t o ta l l i a b i l i t i e s . Unsecured c re d ito rs rece ive d 7 7.5 p er cen t o f th e ir claim s. FIRST NATIONAL BANK, J asp er, F lo rid a . This bank was p laced in rece iv e rsh ip May 1 3 , 1930. D epositors and other c re d ito rs re c e iv e d , in clu d in g o f f s e t s allow ed, $115,087, repre sen tin g 59 p er cent o f t o t a l l i a b i l i t i e s . Unsecured c re d ito rs received 44.08 p er cent o f th e ir claim s. FIRST NATIONAL BANK, S te w a r t v ille , Minnesota. This bank was p laced in rece ive rsh ip October 1 5 , 1931. Depositors and other c re d ito rs re c e iv e d , in clu din g o ff s e t s allow ed, $407,167, repre sen tin g 84.44 p er cent o f t o t a l l i a b i l i t i e s . Unsecured c re d ito rs received 82.8 p er cent o f th e ir claim s. CLYMER NATIONAL BANK, Clymer, Penn sylvan ia. This bank was p laced in rece iv e rsh ip August 22, 1930. other c re d ito rs re c e iv e d , in clu din g o ff s e t s allo w ed , sen tin g 65.08 p er cent o f th e ir t o ta l l i a b i l i t i e s . Depositors repre Unsecured c re d ito rs received 60.09 p er cent o f th e ir claim s. BROWN NATIONAL BANK, Jackson, Minnesota. This bank was p laced in rece iv e rsh ip October 3 , 1932. Depositors and other c re d ito rs re c e iv e d , in clu din g o ff s e t s allow ed, $200,045, rep rese a tin g p er cent o f t o ta l l i a b i l i t i e s . 79.75 p er cent o f th e ir claim s. Unsecured c re d ito rs received - 4 Unsecured c re d ito rs rece iv e d per cent o f th e ir claim s. FIRST NATIONAL BANK, McLeanshoro, I l l i n o i s . This Bank was p laced in rece iv e rsh ip August 4 , 1930. Depositors and other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed, $ 3 11,119 , rep re sen tin g 5 1.9 1 p er cent o f t o t a l l i a b i l i t i e s . Unsecured c re d ito rs received 34.07 o f th e ir claim s. FIRST NATIONAL BANK, Maquoketa, Iowa. This hank was p laced in rece iv e rsh ip June 28, 1932. D epositors and other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed, $503,301, rep re sen tin g 72.62 per cent o f t o ta l l i a b i l i t i e s . Unsecured c re d ito rs received 59.427 p er cent o f th e ir claim s. FARMERS & MERCHANTS NATIONAL BANK, Merced, C a lifo r n ia . This bank was p laced in re c e iv e rsh ip September 23, 1926, Depositors and other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed, $951,683, repre sen tin g 64.75 p er cent o f t o ta l l i a b i l i t i e s . Unsecured c re d ito rs received 50.15 p er cen t o f th e ir claim s. NATIONAL BANK OF SEYMOUR, Seymour, Iowa. This bank was p laced in re ce iv e rsh ip December 30, 1931. Depositors and other c re d ito rs re c e iv e d , in clu d in g o f f s e t s allow ed, $112,094, rep reLL.i'l. sen tin g J86v®9 p er cent o f t o t a l l i a b i l i t i e s . Unsecured c re d ito rs received 54.43 p er cent o f th e ir claim s. FIRST NATIONAL BANK, Auburn, Nebraska. This bank was p laced in re c e iv e rsh ip October 13 , 1931. Depositors and other c re d ito rs re c e iv e d , in clu din g o ff s e t s allow ed, $266,169, rep re sen tin g 80486-per cent o f t o t a l l i a b i l i t i e s . 66.74 p er cent o f th e ir cla im s. Unsecured c re d ito rs received - 3 rep resen tin g 84*39 p er cent o f the t o t a l l i a b i l i t i e s . Unsecured c re d ito rs rece ive d 80*4 per cent o f th e ir claim s* FIRST NATIONAL BANK, I s a n t i, Minnesota. This bank was p laced in rec e iv e rsh ip October 16 , 1931. Depositors and other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed, $177,680, rep re sen tin g 75*15 per cent o f the t o t a l l i a b i l i t i e s . Unsecured c re d ito rs rece ive d 67.79 p er cent o f th e ir claim s. FIRST NATIONAL BAM, ALtus, Oklahoma. This bank was p laced in re c e iv e rsh ip September 26, 1930. Depositors and other c re d ito rs re c e iv e d , in clu din g o ff s e t s allow ed, $562,797, representing 9 5.15 p er cent o f t o ta l l i a b i l i t i e s . Unsecured c re d ito rs rece ive d 88 per cent o f th e ir claim s. 5ca.ppo»*& FIRST NATIONAL BANK, Oregon. This bank was p laced in rece iv e rsh ip October 18 , 1932. Depositors and other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed, $71,664, representing 49.63 p er cent o f t o t a l l i a b i l i t i e s . Unsecured c re d ito r s received 1 8 .1 per cent o f th e ir claim s. FIRST NATIONAL BAM, Humphrey, Nebraska. This bank was p laced in re ce iv e rsh ip January 1 , 1930. Depositors and other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed , $285,778, repre sen tin g 84.95 p er cent o f t o ta l l i a b i l i t i e s . Unsecured c re d ito rs received 76.6 p er cen t o f th e ir claim s. FIRST NATIONAL BANK, Cherry Tree, Pennsylvania. This bank did not reopen a f t e r the Banking Holiday o f March, 1933, and was p laced in con servatorsh ip . October 1 3 , 1933. I t was f i n a l l y p laced in rece iv e rsh ip D epositors and other c re d ito rs re c e iv e d , in clu d in g o f f s e t s allow ed, $721,062, rep resen tin g 66.06 p er cent o f t o t a l l i a b i l i t i e s . - 2 - Dividend payments to ■ unsecured d ep o sito rs amounted to 29,07 p er cent o f th e ir claim s. PIKST NATIONAL BASK, South Glens F a l l s , Hew York. This hank was p laced in re c e iv e rsh ip May 24, 1932. D epositors and other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed, the sum o f $408,590, rep resen tin g 87.9 p er cent o f the t o t a l l i a b i l i t i e s . Unsecured d ep o sito rs received 84.93 p er cent o f t h e ir claim s. RATIONAL BLACK RIVER BANK, P r o c t o r s v ille , Vermont. This hank did not reopen a f t e r the Banking Holiday o f March, 1933, and was p laced in con servatorsh ip . December 5 , 1933. I t was f i n a l l y p laced in rece iv e rsh ip D epositors and other c re d ito rs re c e iv e d , in clu din g o ffsets allow ed, $273,557, rep resen tin g 105.42 p er cent o f the t o t a l l i a b i l i t i e s . Unsecured d ep o sito rs rece ive d 100 per cent p rin c ip a l and an a d d itio n a l dividend rep resen tin g in te r e s t in f u l l amounting to 6 .2 p er c e n t. The stockholders rece ive d the sum o f $1127 together w ith the a s s e ts remaining u n co lle c te d . FIRST NATIONAL BANK, Rocksprings, Texas. This bank was p laced in re c e iv e rs h ip December 28, 1932. Depositors and other c re d ito rs re c e iv e d , in clu d in g o ff s e t s allow ed, $90,502, repre sen tin g 109.62 p er cent o f t o t a l l i a b i l i t i e s . Unsecured c re d ito rs received 100 p er cent p rin c ip a l p lu s an a d d itio n a l dividend o f 1 3 .5 p er c e n t, rep resen tin g in te r e s t in f u l l . Stockholders re c e iv e d the sum o f $1811 togeth er w ith a s s e ts remaining u n co lle c te d . FIRST NATIONAL BANK, Westbrook, Minnesota. This bank was p laced in rece ive rsh ip September 4 , 1931. D epositors and other c re d ito rs re c e iv e d , in clu din g o f f s e t s allow ed, $303,501» J . F . T. 0*Connor, Comptroller o f the Currency, today announced. the completion o f the liq u id a tio n o f 32 rec e iv e rsh ip s during the month of February, 1937. This makes a t o t a l o f 603 re c e iv e rsh ip s f i n a l l y closed or resto re d to solvency sin ce the Banking Holiday o f March, 1933. Total disbursem ents, in clu d in g o f f s e t s allow ed, to d ep o sito rs and other c re d i to rs o f these 603 in s tit u t io n s , e x c lu siv e o f the 42 re c e iv e rsh ip s restored to so lven cy, aggregated $204,410,916, or an average retu rn o f 78.85 p er cent o f t o ta l l i a b i l i t i e s , w hile unsecured c re d ito rs rece ive d dividends amounting to an average o f 66.38 p er cent o f th e ir cla im s. Dividends d is trib u te d to c re d ito r s o f a l l a c tiv e re c e iv e rsh ip s during the month o f February, 1937, amounted to $3,322,416. T otal dividends p aid and d i s t r i butions to depositors o f a l l re c e iv e rs h ip s from March 1 6 , 1933, to February 28, 1937, amounted to $766,274,748. CITIZENS NATIONAL BANK, Waynesburg, Pennsylvania. This bank was p laced in re c e iv e rsh ip August 1 7 , 1927. and other c re d ito rs rece ive d 99.75 p er cent o f th e ir cla im s. Depositors Total payments to c r e d ito r s , in clu d in g o f f s e t s allow ed, amounted to $4,077,533. FIEST NATIONAL BANK, S t. A ugustine, F lo rid a . This bank was p laced in re c e iv e rsh ip J u ly 25, 1929. D epositors and other c re d ito rs re c e iv e d , in clu din g o ff s e t s allow ed, the sum o f $1,458,322, rep resen tin g 62^41 per cent o f the t o t a l l i a b i l i t i e s . TREASURY DEPARTMENT Washington POE RELEASE, MORNING NEWSPAPERS, Wednesday, March 10, 1937._____ _ 3-5-37. Press Service Ho. 9-71 J.F.T. O'Connor, Comptroller of the Currency, today announced the completion of the liquidation of 32 receiverships during the month of February, 1937, This makes a total of 603 receiverships finally closed or restored to solvency since the Banking Holidajr of March, 1933, Total disbursements, including offsets allowed, to depositors and other creditors of these 603 institutions, exclusive of the 42 receiverships restored to solvency, aggregated $204,410,916, or an average return of 78,85 per cent of total liabilities, while unsecured creditors received dividends amounting tc an average of 66,38 per cent of their claims. Dividends distributed to creditors of all active receiverships during the month of February, 1937, amount ed to $3,322,416. Total dividends paid and distributions to depositors of all receiverships from March 16, 1933, to February 28, 1937, amounted to $766,274,748. CITIZENS NATIONAL BANK, Waynesburg, Pennsylvania. This bank was placed in receivership August 17, 1927. creditors received 99.75 per cent of their claims. Depositors and other Total payments to creditors, including offsets allowed, amounted to $4,077,533. FIRST NATIONAL BANK, St. Augustine, Florida. This bank was placed in receivership July 25, 1929. Depositors and other creditors received, including offsets allowed* the sum of $1,458,322, representing 62.41 per cent of the total liabilities, -Dividend payments to unsecured depositors amounted to 29,07 per cent of their claims. FIRST NATIONAL BANK, South Glens Falls, New York. This bank was placed in receivership May 24, 1932. Depositors and other credit ors received, including offsets allowed, the sum of $408,590, representing 87.9 per cent of the total liabilities. their claims Unsecured depositors received 84,93 per cent of NATIONAL BLACK RIVER BANK, Proctorsville, Vermont* This hank did not reopen after the Banking Holiday of March, 1933, and was placed in conservatorship. It was finally placed in receivership December 5, 1933. Depositors and other creditors rec&ived, including offsets allowed, $273,557, representing 105.42 per cent of the total liabilities* Unsecured depositors received 100 per cent principal and an additional dividend representing interest in full amounting to 6,2 per cent. The stockholders received the sum of $1127 together with the assets remaining uncollected. FIRST NATIONAL) BANK, Rccksprings, Texas, This hank was placed in receivership December 28, 1932, Depositors#and other creditors received, including offsets allowed, $90,502, representing 109,62 cent of total liabilities. per Unsecured creditors received 100 per cent principal plus an additional dividend of 13.5 per cent, representing interest in full. Stockholders received the sum of $1811 together with assets remaining uncollected, FIRST NATIONAL BANK, Westbrook, Minnesotaf This bank was placed in receivership September 4, 1931. Depositors.and other creditors received, including offsets allowed, $303,501, representing 84.39 per cent of the total liabilities. Unsecured creditors received 80.4 per cent of their claims FIRST NATIONAL BANK, Isanti, Minnesota. This bank was placed in receivership tctober 16, 1931. Depositors and other creditors received, including offsets allowed, $177,680, representing 75.15 per cent of the total liabilities. Unsecured creditors received 67.79 per cent of their claim FIRST NATIONAL BANK, Altus, Oklahoma. This bank was placed in receivership September 26, 1930. Depositors and other creditors received, including offsets allowed, $562,797, representing" 95.15 per;cent of total liabilities. Unsecured creditors received 88 per cent of their claims, FIRST NATIONAL BANK, Scappoose, Oregon. This bank was placed in receivership October 18, 1932, Depositors,and other creditors received, including offsets allowed, $71,664, representing 49,63 per cent —3— of total liabilities. Unsecured creditors received 18.1 per cent of their claims. FIRST NATIONAL BANK, Humphrey, Nebraska. This bank was placed in receivership January 1, 1930, Depositors and other creditors received, including offsets allowed, $285,778, representing 84.95 per cent of total liabilities. Unsecured creditors received 7$,6 per cent of their claims. FIRST NATIONAL BANK, Cherry Tree, Pennsylvania. This bank did not reopen after the Banking Holiday of March, 1933, and was placed in conservatorship. It was finally placed in receivership October 13, 1933. Depositors and other creditors received, including offsets allowed, $721,062, representing 66.06 per cent of.total liabilities. Unsecured creditors received 55.53 per cent of their claims, FIRST NATIONAL BANK, McLeansboro, Illinois. This bank was placed in receivership August 4, 1930. Depositors and other creditors received, including offsets allowed, $311,119, representing 51.91 per cent of total liabilities. Unsecured creditors received 34.07 per cent of their claims, FIRST NATIONAL BANK, Maquoketa, Iowa, This bank was placed in receivership June 28, 1932, Depositors and. other creditors received, including offsets allowed, $503,301, representing 72.62 per cent of total liabilities. Unsecured creditors received 59.427 per cent of their claims. FARMERS & MERCHANTS NATIONAL BANK, Merced, California, This bank was placed in receivership September 23, 1926. Depositors and other creditors received, including offsets allowed, $951,683, representing 64,75 per cent of total liabilities. Unsecured creditors received 50.15 per cent of their claims, NATIONAL BANK OF SEYMOUR, Seymour, Iowa, This bank was placed in receivership December 30, 1931. Depositors.and other creditors received, including offsets allowed, $112,094, representing 66.82 per cent — 4*of total liabilities. Unsecured creditors received 54.43 per cent of their claims. FIRST NATIONAL BANK, Auburn, Nebraska. This bank was placed in receivership October 13, 1931, Depositors and other creditors received, including offsets allowed, $266,169, representing 80.65 per cent of total liabilities. Unsecured creditors received 66,74 per cent of their claims, COMMERCIAL NATIONAL BANK, Eufaula, Albania. This bank was placed in receivership October 27 , 1931. Depositors, and other creditors received, including offsets allowed, $189,074, representing 94,18 per cent of total liabilities. Unsecured creditors received 77.5 per cent of their claims, FIRST NATIONAL BANK, Jasper, Florida, I:Up ' This bank was placed in receivership May 13, 1930. Depositors and other credit ors received, including offsets allowed, $115,087, representing 59 per cent of total liabilities. Unsecured creditors received 44.08 per cent of their claims. FIRST NATIONAL BANK, Stewartville, Minnesota, This bank was placed in receivership October 15, 1931. Depositors and other creditors received, including offsets allowed, $407,167, representing 84,44 per cent of total liabilities, Unsecured creditors received 82.8 per cent of their claims, CLYMER NATIONAL BANK, Clymer, Pennsylvania. This bank was placed in receivership August 22, 1930, Depositors and other creditors received, including offsets allowed, $455,770, representing 65.08 per cent of their total liabilities. Unsecured creditors received 60.09 per cent of their claims. BROUN NATIONAL BANK, Jackson, Minnesota. This bank was placed in receivership October 3, 1932. Depositors and other creditors received, including offsets allowed, $200,045, representing 91,56 per cent of total liabilities. Unsecured creditors received 79,75 per cent of their claims. LYON COUNTY NATIONAL BANK, Rock Rapids, Iowa. This hank was placed in receivership October 20, 1931. Depositors and other creditors received, including offsets allowed, $867,838, representing 76.19 per cent of total liabilities. Unsecured creditors received 71.92 per cent of their claims. FIRST NATIONAL BANK, Hampshire, Illinois. This bank did. n6t reopen after the Banking Holiday of March, 1933, and was placed in conservatorship. It was finally placed in receivership January 12, 1934. Depositors and other creditors received, including offsets allowed, $233,277, representing 107.87 per cent of total liabilities. Unsecured creditors received 100 per cent principal plus an additional dividend of 10 per cent representing interest on their claims. Stockholders received the sum of $54 together with the assets remaining uncollected, FARMERS-MERCHANTS NATIONAL BANK, Princeton, Wisconsin. This bank did not reopen after the Banking Holiday of March, 1933, and was placed in conservatorship. It was finally placed in receivership January 15, 1934. depositors and other creditors received, including offsets allowed, $338,523, representing 107.73 per cent of total liabilities. Unsecured creditors received 100 per cent principal plus an additional dividend of 8.26 per cent representing interest in full. Stockholders received the sum of $4,592 together with the assets remaining uncollected. BOZEMAN WATERS FIRST NATIONAL BANK, Poseyville, Indiana. This bank was placed in receivership January 20, 1932. Depositors and other creditors received, including offsets allowed, $507,376, representing 96.01 per cent of total liabilities., Unsecured creditors received 93.83 per cent of their claims. CENTRAL NATIONAL BANK, Oakland, California, This bank did not reopen after the Banking Holiday of March, 1933, and was placed in conservatorship. It was finally placed in receivership May 8, 1933, Depositors and other creditors received, including offsets, allowed, $20,926,556, . -46— representing 104.48 per cent of total liabilities. 1100 per cen^ of total liabilities. Unsecured creditors -received Unsecured creditors received 100 per cent [ p r in c ip a l plus an additional dividend of 6,74 per cent representing interest in full. Stockholders received $180,581 plus the assets remaining uncollected, LIBERTY NATIONAL BANK, "Waco, Texas. Depositors and creditors of record were paid in full by assumption of liabili ties by another bank. Receiver was appointed June 3, 1932, for the purpose of collecting a stock assessment covering deficiency in value of assets sold and/or to complete unfinished liquidation. Dividend payments to the sole creditor (the assuming bank) amounted to 61.38 per cent principal. Total disbursements under this receivership aggregated $184,140 representing 61.38 per cent of total liabilities. THE BELMONT NATIONAL BANK, Belmont,Ohio. Depositors and other creditors of record were paid in full by assumption of liabilities by another bank. Receiver was appointed December 1, 1932 for the pur pose of collecting a stock assessment covering deficiency in value of assets sold and/or completing unfinished liquidation. Dividend payments to the sole creditor (the assuming bank) amounted to 34.27495 per cent principal. Total'Aisbursements, under this receivership aggregated $15,267, representing 56.38 per cent of total liabilities. FIRST NATIONAL BANK, Mount Olive, Illinois. Depositors and creditors of record wereppaid in full by assumption of liabili ties by another bank. Receiver appointed August 12, 1932 for the purpose of collecting a stock assessment covering deficiency in value of assets sold and/or completing unfinished liquidation. Dividends to the sole creditor (the assuming bank) amounted to 18,196 per cent principal. Total disbursements under this,recei vership aggregated $110,262 representing 54,62 per cent of total liabilities* -7FIRST NATIONAL BANK, Gormania, West Virginia, Depositors and creditors of record were paid in full by assumption of liabili ties of another hank. Receiver was appointed October 11, 1932 for the purpose of collecting a stock assessment covering deficiency in value of assets sold and/or completing unfinished liquidation. Dividend payments to the sole creditor (the assuming bank) amounted to 28,805 per cent principal. Total disbursements under this.receivership aggregated $62,098 representing 86,69 per cent of total liabili ties, FARMERS AND MERCHANTS NATIONAL BANK, Milbank, South Dakota. Depositors and creditors of record were paid in full by assumption of liabili ties by another bank. Receiver was appointed December 11, 1933 for the purpose of collecting a stock assessment covering deficiency in value of assets sold and/or completing unfinished liquidation. Dividend payments to the sole creditor (the assuming bank) amounted to 14,35 per cent principal. Total disbursements under this receivership aggregated $38,384 representing 58.04 per cent of total liabilities. FIRST NATIONAL BANK, Del Rio, Texas. Depositors and creditors of record were paid in full by assumption of liabili ties by another bank. Receiver was appointed December 12, 1933 for the purpose of collecting a stock assessment covering deficiency in value of assets sold and/or complete unfinished liquidation. Dividends to the sole creditor (the assuming bank) amounted to 100 per cent principal. Tot&l disbursements under this receivership aggregated $425,179 representing 100 per cent of total liabilities. INSOLVENT NATIONAL BANKS LIQUIDATED AID FINALLY CLOSED OE EESTORED TO SOLVENCY DURING- THE MONTH OF __________________FEBRUARY. 1937 ______ Date of Failure: Citizens National Bank, Waynesburg, Penna* 8-17-27 First National Bank, St. Augustine, Florida 7- 25-29 First National Bank, South Glens Falls, N. Y. 5-24-32 National Black River Bank, Proctorsville, Vt.2/ 12— 5-33 First National Bank, Rocksprings, Texas 12- 28-32 First First First First First National National National National National Bank, Bank, Bank, Bank, Bank, Westbrook, Minn. Isanti, Minn. Al tus , Okl ahcma Scappoose, Oregon Humphrey, Nebraska 9— 31 10- 16-31 9- 26-30 10- 18-32 Per Cent Total Disbursements To Total Liabilities : Per Cent Dividends Declared to All Claimants: >1,077 ,533.00 1,458,322.00 408,590.00 273,557-00 90 ,502.00 99-75 6?..4l 27-9 105.42 IO9.62 100 . 303 ,501.00 177 ,680.00 562 ,797.00 24.39 75.15 95.15 >4-9.63 84.95 Total Disbursements Including Offsets Allowed: $ 71,664.00 285 ,778.00 First National Bank, Cherry Tree, Pa. 2j First National Bank, McLeansboro, 111. First National Bank, Maquoketa, Iowa Farmers & Merchants Nat*l Bank, Merced, Calif. National Bank of Seymour, Iowa First National Bank, Auburn, Nebraska 10- 13-33 g__ip>30 6- 28-32 9- 23-26 12- 30-31 10- 13-31 Commercial National Bank, Eufaula, Ala. First National Bank, Jasper, Florida First National Bank, Stewartville, Minn. Clymer National Bank, Clymer, Penna. Brown National Bank, Jackson, Minn. 10- 27-31 5- 13-30 10- 15-31 8- 22-30 10— 3-32 721 ,062.00 311 ,119.00 503 ,301.00 951 ,683.00 112,094.00 266 ,169.00 189,074.00 115 ,087.00 407 ,167.00 455 ,770.00 200 ,045.00 66.06 51.91 72.62 6 U .75 29.07 sH.93 IO0.2 113.5 80.4 67.79 88 . 18.1 76.6 55.53 3>+.07 59. >427 50.15 66.82 5*4.>43 80.65 66.74 94.18 59. 84.44 44.08 82.8 65.08 91-56 77.5 60.09 79.75 insolvent national banks liquidated and finally closed OR RESTORED TO SOLVENCY DURING THE MONTH OF __________ ____________________FEBRUARY, 19S7— Cant. Date of Failure : 1/ S— 3-32 12-1-32 2-12-32 10- 11-32 12-11-33 i'o ro 1 C\J : —i I CM -1 1 Liberty National Bank, Waco. Texas 1/ The Belmont National Bank, Belmont, Ohio 1/ First National Bank, Mount Olive, Illinois 1J First National Bank, Gormania, West Virginia 1j Farmers & Merchants Nat'l Bank, Milbank, South Dakota, 1/ First National Bank, Del Rio, Texas 1J Total Disbursements Including Offsets Allowed: $ 18^, 11*0.00 15 ,267.00 110 ,262.00 62 ,092.00 3 2 ,32^.00 425,179.00 Per Cent Total Disburs ements To Total Liabilities; 61.38' 56 .3 s 5^.62 26.69 58.0** 100 . Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold-, or to complete unfinished liquidation. Per Cent Dividends Declared to A H Claimants: 61.32 3^.27^96 12.196 22.205 iu .35 100 . INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTH OE __________________ FEBRUARY, 1937 — Cont.___________ _ Date ©f Failure : Lyon County National Bank, Rock Rapids, Iowa 10--20-31 1--12-3 k First National Bank, Hampshire, 111. g] Farmers-Merchants N a t *1 Bank, Princeton, Wis. 2/ 1--15-3)4 Bozeman Waters First Nat1! Bk., Poseyville,Ind. 1--20-32 Central National Bank, Oakland, Calif. 2/ 5--g-33 2/ Total Disbursements Including Offsets Allowed: $ g67.s3g.00 233,277.00 332,523.00 507,376.00 20,926,556.00 Formerly in Conservatorship Per Cent Total Dis bursements To Total Liabilities : 76.19 107.S7 107.73 96.01 10k .48 Per Cent Dividends Declared to All Claimants 71.92 110. log.26 93.23 106.7)4 ,4The development o f motor equipment on lan d , such as tru cks and t r a c t o r s , and the con stru ctio n o f roads has f a c i l i t a t e d th e tra n sp o rta tio n o f lif e - s a v in g equipment from p oin t to p oin t along the coasts* "The funds appropriated fo r the Coast Guard are in s u ffic ie n t to modernize a l l our s ta tio n s and equip them p rop erly w ith trucks^ hh L tra c to F ^ ^ fe d io and w ith various types of motor b o a ts, a l l needed f o r e f f i c ie n t operation« And the number of men now a t each s ta tio n to man t h is modem equip ment in inadequate• Modem liv in g co n d itio n s, to which our men are e n t it le d , req u ire in s t a lla t io n and maintenance charges in excess o f our annual appropriations fo r th a t purpose©" i lip A® a r e s u lt , the Admiral pointed o u t, many o f the sta tio n s have n eith er s u ff ic ie n t men nor equipment to respond promptly to the c a lls fo r a s s is ta n c e re ce iv e d or to ca rry out e f f e c t i v e l y the law enforcement work w ith which th e y are charged« **By t h is reg rou p in g," he s a id , "we s h a ll be a b le to in crease con sid erab ly our s e r v ic e to the p u b lic grid improve measurably the li v i n g conditions of the men«** — cs—— In th e New York d iv is io n the fo llo w in g Afcfl±±BJgr w i l l be decommissioned by Sept* 1* Quogue Poturik Amagansett Southampton Tiana Nineteen s ta tio n s in the N orfolk d iv is io n w i l l 1 remain a c tiv e under the order* Cape Henry V ir g in ia Beach L i t t l e Island Wash Woods C affeys I n le t K i l l D evil H ills They ares Nags Head Oregon I n le t Pea Island Chicamaoomic© L i t t l e Kinnakeet Cape H atteras H atteras I n le t Ooraooke Core Bank Cape Lookout Port Macon Bogue I n le t Oak Islan d Remaining a c tiv e on Long Island from Moriches to Montauk Point w i l l be th e fo llo w in g s ta tio n s : Shizmecock Moriches D itch P la in Napeague Geórgica The Commandant ordered th a t lookout towers o f in a c tiv e sta tio n s be manned a t th e d is c r e tio n o f th e d iv is io n and d i s t r i c t commanders, the lookouts being tran sp orted by motor tru c k from and to th e ir permanent s ta tio n s * "inhere deemed n ecessa ry, he a ls o ordered th a t b o a ts, boathouses and breeches buoy apparatus be maintained a t in a c tiv e s ta tio n s * "Commercial s a ilin g v e s s e ls th a t once p lie d w&mmak our coasts'liSfc in great numbers are now a r a r i t y , " Ififc Admiral . said WaescheAEnhis comroinications to th e d iv is io n commanderso "Motor 0La_A^ c r a f t fo r commerce, fis h in g and pleasure i¥i wn fftyjkLjL- ^ Improvements in methods o f n a vig atio n have reduced m a te r ia lly the number of strandings o f la rg e v e s s e ls along ou^* coasts* TREASURY DEPARTMENT (U* S# Coast Guard) Gy/ I For AM’ s Sunday. Modernization of the Coast Guard’ s life - s a v in g setup along stre tch e s o f the A tla n tic Coast fo r greater p ro te ctio n to the public was ordered today by the Commandant, Rear Admiral R# R. Ti/aesche* The o rd ers, issued to commanders of the New York and N orfolk d iv is io n s , c a l l fo r decommissioning o f th ir te e n sta tio n s in a six-month program aimed a t more e f f ic ie n t a ssis ta n c e to v e sse ls in d is tr e s s and improved liv in g conditions fo r the men o f the Service» more O.K. R.R.W. TREASURY DEPARTMENT Washington for r e l e a s e , m o r n i n g newspapers Sunday, March 7, 1937.__________ 3-6-37• Press Service No. 9-72 Modernization of the Coast Guard*s life-saving setup along stretches of the Atlantic Coast for greater protection to the public was ordered today by the Commandant, Rear Admiral R.R. Waesche. The orders, issued to commanders of the New York and Norfolk divisions, call for decommissioning of thirteen stations in a six-month program aimed at more efficient assistance to vessels in distress and improved living conditions for the men of the Service. ^The marked increase in the use of motor boats and radio,n the Admiral advised the division commanders, nhas greatly facilitated life-saving work and while it has increased the cost of efficient operation of our stations, it has also tended to reduce the need for stations being so close together along certain sections of our coastline. ^Conditions governing the work of these stations are quite different now than the circumstances under which many of them were established. We have made a care ful study in all districts with a view to improving our efficiency through modern ization and consolidation.# Stations ordered placed in an inactive status in the Norfolk division are; False Cape Gurrituck Beach Paul Gamiels Hill Bodie Island Big Kinnakeet Creeds Hill Portsmouth Cape Pear In the New York division the following Long Island stations from Moriches to Montauk Point will be decommissioned by September 1: Amagansett Southampton Tiana Quogue Po tunk Nineteen stations in the Norfolk division will remain active under the order They are: Cape Henry Virginia Beach Little Island Wash Woods Caffeys Inlet Kill Devil Hills Nags Head Oregon Inlet Pea Island Chicamacomico Little Kinnakeet Cape Hatteras Hatteras Inlet Ocracoke Coro Bank Cape Lookout Fort Macon Boguo Inlet Oak Island Remaining active on Long Island from Moriches to Moiitauk Point will he the following stations: Ditch Plain Napoague Ceorgica Shinnecock Moriches The Commandant ordered that lookout towers of inactive stations he manned at the discretion of the division and district commanders,the lookouts being trans ported hy motor track from and to their permanent stations. Where deemed necessary, he also ordered that heats, boathouses and breeches buoy apparatus be maintained at inactive stations. ’’Commercial sailing vessels that once plied our coasts in great numbers are now a rarity,” Admiral Waesche said in his communications to the division comman ders. ’’Meter craft for c'ommerce, fishing and pleasure are the rule today. Improve ments in methods of navigation have reduced materially the number of strandings of large vessels along cur coasts. ’’The development of motor equipment on land, such as trucks and tractors, and the construction of roads has facilitated the transportation of life-saving equipment from point tc point along the coasts. ”The funds appropriated for the Coast G-uard are insufficient to modernize all our stations and equip thorn properly with trucks, tractors and radio and with various types of motor boats, all needed for efficient operation. And the number of men new at each station tc man this modern equipment is inadequate. Modern «F -3living conditions, to which, our men are entitled, require installation and main tenance charges in excess of our annual appropriations for that purpose;,t As a result, the Admiral pointed cut, many of the stations have neither sufficient men nor equipment to respond promptly to the calls for assistance received cr.to carry cut effectively the law enforcement work with which they are charged, ,TBy this regrouping,,r he said, ,fwe shall "be able tc increase considerably cur service tc the public and improve measurably the living conditions of the men.** coOoc 2* The Secretary of the Treasury may at any tin s, or from time to tla e 9 prescribe supplemental or amendatory rules and regulations governing the offer ing! which w ill be eominleated promptly to the federal Reserve banks* HOTT MOfiPWtmU, JR., Seeretary of ths Treasury * 5 5. Tba Saeretary of thè Treasury rsservas thè right to rejeet aay subaerip- tion, la «boia or la part, to « H o t loia tfcan thè amount of boato applied for, to aalgo allotnaats la fall upon application« far smallar anounts «ad to make reduce! allotmants upon, or to roleet, applicai lem« for largor amounts, or to adopt aay or all of «ali methods or such other methods of alletaoat and olaaalfloatloa of allotmaats ao «ball bo desmsd by blm to bo la tbe publl© interest 5 and bis action la aay or all of tboao raspaste »ball ba final* all subaeri ptioa« «111 ba allottai la fall» Subject to tbasa reserrations, Allotnsnt aotleoa «111 bo ooat oat praaptly upon allotment » ir* 1* b l u m t Faynsmt at par and aceraod latoroot for boada allottai must bo naia or eoa* piotai oa or boforo ilarob 15, 195?, or oa lator allotnaat » aad my ba naia only tbrougb surreoder af aa e%ual foca amount of froaaury Pota« of Series $»195?, «blob «111 ba Aprii 15, 195?, must ba attaebed to tba aotaa «bea surrendered, aad subscrlbers «ila aeeepfced at par aad should aaaampany tba subacription* Coupons date! ba arai! tad «ltb aaantad interest tba rasa fra» Octobar 1$, 1956, to Hsreh 15, 195?, (#15*645055 por #1,060) j tboy «111 bo Shargod «ltb a o o m o d latoroot oa tba band» from Decomber 15, 1956, to Hareb 15, 1959, (#6*161519 por #1,000) | aad tba aat adjustmsat (#6.565736 par #1,000) «111 ba pali to tbon following aoaoptaaao of tba mota«» t. 1« amsmjL Twmi<m Aa fissai agente of tba United States, federai Basare» bombo aro aatborissd aad r equa stai to r e e e i ™ sub script tona, ta amba alletnsata oa tba basi« aad up ta tba anouata ladlaatad by tba Seeretary af tba Treasury to tba federai Rasarle banbs of tba reapeetlre distriate, to Issua aiietmeat ootiaa«, t© r o sai™ payaent far boada allottai, to »sita delivery of borni» oa full-p&ld subscrlptlons allottai, end tboy mr issua latori« raoalpts poadiag doliwry of tbo definiti™ banda* - 2 - 1940, la «hola or in part* at par and acamad interest, oa any interest day or days9 oa 4 months* notice of redemption giren in such manner as the Secretary of the Treasury shall prescribe. In ease of partial redemption the bonds to be redeemed will be determined by such method as may be prescribed by the Secretary of the Treasury* from the date of redemption designated in any such notice» interest on the bonds called for redemption shall cease* *8. The bonds shall be exempt» both as to principal and interest» from all taxation now or hereafter Imposed by the United States» any State, or any of the possessions of the United States, or by any local taxing authority, except (a) estate or inheritance taxes, or gift taxes, and (b) graduated additional income taxes, commonly known as surtaxes, and mess* profits and war-profits taxes, now or hereafter imposed by the United States, upon the income or profits of individuals* partner ships, associations, or corporations* The interest on an amount of bonds authorised by the Second Liberty Bond Act, approved September 84, 191?, as amended, the principal of i&lch does not exceed in the aggregate $9,000, owned by any individual, partner ship, association, or corporation, shall be exempt from the taxes provided for in clause (b) above* •9* The bonds will be acceptable to secure deposits of public moneys, but will not bear the circulation privilege and will not be entitled to any privilege of conversion* »4* Bearer bonds with lntersst coupons attached, and bonds rsglstered as to principal and interest, will be issued in de nominations ©f $150, $100, $900, $1,000, $9.000, $10,000 and $100,000* Provision will bs mads for the Interchange of bonds of different dsnominatlons and of coupon and registered bonds, and for the transfer of registered bonds, under rules and regu lations prescribed by the Secretary of the Treasury* *5* The bonds will bs subject to the general regulations of the Treasury Department, now or hereafter prescribed, govern ing United States bonds«** in* suBsoHimett m > allgtkkht 1* Subscriptions will bs received at the Federal Reserve basks and branches] and at the Treasury Department, Washington. Banking institutions generally my •Utliit subscriptions for account of customers, tut only tbs Federal Reserve banks and the Treasury Department are authorised to act as official agencies* The Secretary of the Treasury reserves the right to close the books as to any or all subscriptions or classes of subscriptions at any time without notice* rm rm M jZ s u o? america V fíB W t TES40UKT BONOS 07 1940*85 Datad and baaring intorest frota Daoembor 15, 195$ Búa Daoejsbar 15, 1953 RSDSBttABLK AT THS 0ÍTI0B 07 THS UHITBD STATS3 A f FAS A8B Á0OHTO Ü f f Ü S f 08 AHD AITSH DSC&MBiER 18» 1949 In tern et p&yable Juna 15 and Deeember 15 addxxiqsul xsstn 1937 TRMBmr DSPAB3MOT, Department Olroular 89. 574 Office of iba Seeretary, lashington, Mareb 8, 1937. Pabilo Dabt Sarrio# 1« 07918X80 07 BC806 1. Tba Seeretary ©f the Traaaury, pureuant t© tba authorlty ©f tba Seoond Llbarty Bond Aat, approrad Saptember 54» 1917» a# aaended, lnrltao subooriptlons, at par and aeerued Intaraat froa Daoembar 18» 1954» frota tba people of tba United Statas for 5*1/8 pareaat banda of tba Unltad States, daslgnated Traasury Sonda ©f 1949*55» la payasnt ©f whicb ©nly Traaaury Notas ©f Serias 1*1957» a»tur* lng April 15» 1957» »ay ba tandarad. Tba amount ©f tba offariag undar tbia oir* aular «111 ba limitad t© tb© aatouat ©f Traaaury Hotos ©f Sariea 5-1957 tandarad and aooaptad. XX. D^CRiraoN 07 BONOS 1. Tba banda no« offarad «111 ba an addition t© and «111 fom aarlaa ©f 5*1/5 paroant Traaaury Banda of 1949*55 issuad purauant a part ©f te tba Department Olroular 8©. 578» datad Beeoaber 7» 1936, «111 ba fraaly interebaageable tbara* «Itb, ara idantiaal ln all raspaota tbaraaltb» and ara daaorlbad 1« tba following quotation from Department Olroular 8o. 578i »1. Tba bonda «111 ba datad Daoombor 15, 1956, and w i n boar in taraat from tbat data at tba rata of 5*1/8 paroant par annu», payabla aaalannually ©n Tona 15 and Daooabar 15 in aaab yaar until tba principal amount baeonea paynbla* Tbay «111 »atura Daoaabsr 15, 1985» bot «ay ba radaaaad at tba ©ption ©f tba United Stataa ©n and aftar Deeeaber 15, accepted, w i l l be charged with -the accrued in te r e s t from D eceiver 15 , 1956, to March 1 5 , 1937, on the bonds to be issu ed , and the d iffe re n c e (about $6.26 f o r each #1,000 fa c e amount) « i l l be paid to him* The rig h t ie reserved to c lo s e the books as to any o r a l l su b scrip tio n s a t any time without n o tie s , and, su b ject to the rese rv a tio n s s e t fo rth in the o f f i c i a l c ir c u la r , a l l su b scrip tio aa w i ll be a llo tte d in f u ll* The present o ffe r in g w i l l be the only opportunity presented f o r the holders o f Treasury notes maturing A p ril 15 to exchange t h e ir notes fo r other in te re s t-b e a rin g o b lig a tio n s o f the United States* S p ecia l Treasury b i l l s aggregating $500,000,000, which mature immediately a f t e r March 1 5 , and about #165,000,000 In te re s t on the p u blic debt, which becomes due on March 1 5 , w i l l be paid from q u a rte rly tax rece ip ts* The te x t o f the o f f i c i a l c ir c u la r fo llo w s: TREASURY DEPARTMENT Washington FOR HELSASE, D H H RBWSPAP8R3, Monday, March 8, 1957. Press S ervice Wo. Q - 3 5/6/SF 1 S ecretary o f the Treasury Morge nthau announced today the o ffe r in g o f an a d d itio n a l issu e o f 8-1/2 percent Treasury bonds o f 1949-53, in exchange fo r 3 percent Treasury notes o f S e rie s B-193?, maturing A p ril 1 5 , 1937* Exchanges « i l l be made par f o r p ar, with an adjustment o f accrued in te r e s t as o f March 15 on the bonds Issued and the notea ex changed. #508,361,900 o f the notes o f S e rie s B-1937 « i l l mature on A p ril 15 , 1937. The o ffe r in g o f Treasury bonds « i l l be lim ite d to the amount o f such Treasury notes tendered and accepted f o r exchange* Cash subscrip tio n s « i l l not be re c e iv e d . The Treasury bonds no« o ffere d in exchange « 111 be an a d d itio n to and « i l l form a p art o f the s e r ie s o f 8-1/8 percent Treasury bonds o f 1949-53, Issued pursuant to Department C irc u la r Mo. 578, dated December 7 , 1936. They are id e n tic a l in a l l re s p e cts with such bonds, with which they « 111 be f r e e ly Interchangeable. The bonds a re dated December 15 , 1936, and bear in te r e s t from th at date at^2-1/2 percent per annum payable sem iannually, th ey « i l l mature December 15, 1953, but may be redeemed a t the option o f the United S ta te s on and a f t e r December IS , 1949* Subscriptions « i l l be received a t the Federal Reserve Banks and Branches, and a t the Treasury Department, Washington, and should be accompanied by a lik e fa c e amount o f Treasury n otes o f S e rie s B-193?, maturing A p ril IS , 193?, with coupon due A p ril 1 5 , 193?, a ttach ed , fo llo w la g acceptance o f the n o tes, the su bscrib er « i l l be cred ited with accrued in te r e s t from October 1 5 , 1936, to March 1 5 , 193?, on the Treasury notes TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Monday, March 8, 1937.__________ 3/6/37 Press'Sorvico No. 9-73 Secretary of the Treasury Morgenthau announced today the offering of an additional issue of 2-1/2 percent Treasury bonds of 1949-53, in exchange for 3 percent Treasury notes of Series B-1937, maturing April 15, 1937, Exchanges will be made par for par, with an adjustment of accrued interest as of March 15 on the bonds issued and the notes exchanged. B-1937 will mature on April 15, 1937. $502,361,900 of the notes of Series The offering of Treasury bonds will be . limited to the amount of such Treasury'notes tendered and accepted for exchange. Gash subscriptions will not be received. The Treasury bonds now offered in exchange will be an addition to and will form a part of the series of 2-l/2_percent Treasury bonds of 1949-53, issued pursuant to Department Circular No, 572, dated December 7, 1936. They are identi< cal in alltrespects with such bonds, with which they will be freely inter changeable. The bonds are dated December 15, 1936, and bear interest from that date at the rate of 2-l/2 percent per annum payable semiannually. They will mature December 15, 1953, but may be redeemed at the option of the United States on and after December 15, 1949. Subscriptions will be received at the Federal Reserve Banks and branches, and at the Treasury Department, Washington, and should be accompanied by a like face amount of Treasury notes of Series B-1937, maturing April 15, 1937, with coupon due April .15, 1937, attached. Following acceptance of the notes, the subscriber will be credited with accrued interest from October 15, 1936, to March 15, 1937, on the Treasury notes accepted, will be charged with accrued interest from December 15, 1936, to March 15, 1937, on the bonds to be issued, and the difference (about $6.26 for each $1*000 face amount) will be paid to him. The right is reserved to close the books as to any or al,l subscriptions at any time without notice* and, subject to the reservations set forth in the official circular, all subscriptions will be allotted in full. The present offering will be the only opportunity presented for the holders of Treasury notes maturing April 15 to exchange their notes for other interestbearing obligations of the United States, Special Treasury bills aggregating $300,000,000, which mature immediately after March 15, and about $165*000,000 interest on the public debt, which becomes due on March 15, will be paid from quarterly tax receipts. The text of the official circular follows; UNITED STATES OF AMERICA 2-1/2 PERCENT TREASURY BONDS OF 1949-53 Dated and "bearing interest from December 15, 1936 Due December 15, 1953 REDEEMABLE AT THE OPTION OF THE UNITED STATES AT PAR AND ACCRUED INTEREST ON AND AFTER DECEMBER 15, 1949. Interest payable June 15 and December 15 ADDITIONAL ISSUE 1937 Department Circular No. 574 ., Public Debt Service TREASURY DEPARTMENT, Office of the Secretary, Washington, March 8, 1937 I. 1. OFFERING OF BONDS The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, approved September 24, 1917, as amended, invites subscriptions, at par and accrued interest from December 15, 1936, from the people of the United States for 2~l/2 percent bonds of the United States, designated Treasury Bonds of 1949-53, in payment of which only Treasury Notes of Series B-l937, maturing April 15, 1937, m a y b e tendered. The amount of the offering under this circular will be limited to the amount of Treasury Notes of Series B-1937 tendered and accepted. . 1. II. DESCRIPTION OF BONDS The bonds now offered will be an addition to and will form a part of the series of 2-l/2 percent Treasury Bonds of 1949-53 issued pursuant to Department Circular No. 572, da.ted December 7, 1936, will be freely interchangeable there with, are identical in all respects therewith, and are described in the following quotation fr<pm Department Circular No, 572: *•*1, The bonds will be da,ted December 15, 1936, and will bear in terest from that date at the ra.te of 2—1/2 percent per annum, payable semiannually on June 15 and December 15 in ea.ch year until the principal amount becomes payable. They will me„ture December 15, 1953, but may be redeemed at the option of the United Sta.tes on and after December 15, 1949, in whole or in part, at par and accrued interest, on any interest day or days, on 4 months' notice of redemption given in such manner as the Secretary of the Treasury shall prescribe. In case of partial redemption the bonds to be redeemed will be determined by such method as may be prescribed by the Secretary of the Treasury. Prom the date of redemption designated in any such notice, interest on the bonds called for redemption shall cease. "2. The bonds shall be exempt, both as to principal and interest, from all taxation now or hereafter imposed by the United States, any State, or any of the possessions of the United States, or by any local taxing authority, except (a) estate or inheritance taxes, or gift taxes, and (b) graduated additional income taxes, commonly known as surtaxes,and excessprofits and war-profits taxes, now or hereafter imposed by the United States, upon the income or profits of individuals, partner ships, associations, or corporations. The interest on an amount of bonds authorized by the Second Liberty Bond Act, approved September 24, 1917, as amended, the principal of which does not exceed in the aggregate $5,000, owned by any individual, partner ship, association, or corporation, shall be exempt from the taxes provided for in clause (b) above. ,f3. The bonds will be acceptable to secure deposits of public moneys, but will not bear the circulation privilege and will not be entitled to any privilege of conversion. "4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest, will be issued in de nominations of $50, $100, $500, $1,000, $5,000, $10,000 and $100,000. Prevision will be made for the interchange of bonds of different denominations and of coupon and registered bonds, and for the transfer of registered bonds, under rules and regu lations prescribed by the Secretary of the Treasury. ”5. The bends will be subject to the general regulations of the Treasury Department, now or hereafter prescribed, govern ing United States bends*n III. 1. SUBSCRIPTION AND ALLOTMENT Subscriptions will be received at the Eederal Reserve Banks and branches and at the Treasury Department, Washington. Banking institutions generally may submit subscriptions for account of customers, but only the Federal Reserve banks and the Treasury Department are authorized to act as official agencies. The Secretary of the Treasury reserves the right tc close the books as to any or all subscriptions or classes of subscriptions at any time without notice. 2, tion, The Secretary of the Treasury reserves the right to reject any subscrip in whole or in part, to allot less than the amount of bends applied for, to make allotments in full upon applications for smaller amounts and to make reduced allotments upon, or to reject, applications for larger amounts, or to adopt any or all of said methods or such other methods of allotment and classification of allotments as shall be deemed by him to be in the public interest? and his action in any or all of these respects shall be final. all subscriptions will be allotted in full. Subject to these reservation», Allotment notices will be sent out promptly upon allotment. 1?, 1. PAYMENT Payment at par and accrued interest for bonds allotted must be made or completed on or before March 15, 1937, or on later allotment, and may be made only through surrender of an equal face amount of Treasury Notes of.Series B-1937, which will be accepted at par and shculd accompany the subscription., Coupons dated April 15, 1937, must be attached to the notes when surrendered, and sub scribers will be credited with accrued interest thereon from October 15, 1936, to March 15, 1937, ($12*445055 per $1,000); they will be charged with accrued interest on the bonds from December.15, 1936, to March 15, 1937, ($6.181319 per $1,000); and the net adjustment ($6,263736 per $1,000) will be paid to them following acceptance of the notes, V. 1, OENURAL PROVISIONS As fiscal agents of the United States, Federal Reserve banks are authorized and requested to receive subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of the Treasury to the Federal Reserve banks of the respective districts, to issue allotment notices, to receive payment for bonds allotted, to make delivery of bonds on full-paid subscriptions allotted, and they may issue interim receipts pending delivery of the definitive bends. ~4~ 2, The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offer~ ing, which will he communicated promptly to the Federal Reserve hanks. HENRY MORGENTHAU, JR., Secretary of the Treasury. TREASURY DEPARTimT ìiksimmm FOR RELEASE, MORNING NEWSPAPERS Prot» Service Tuesday, March 9, 1937* 3 /8/37 Secretary of the Treasury Morgenthau announced lest night that the subscription books for the current offering of 2-1/2 percent Treasury Bonds of 1949*53 will close at the close of business Wednesday, March 10, 1937* This offering is open only to the holders of Treasury Notes of Series B»1937, maturing April 15, 1937* Subscriptions placed in the mail before 12 o'clock midnight, Wednesday, March 10, will be considered as having been entered before the elose of the subscription books. Announcement of the amount of subscriptions and their division among the several Federal Reserve dietriste will be made later. TREASURY DEPARTMENT Washington EOR RELEASE, MORNING- NEWSPAPERS, Tuesday. March 9, 1937. _____ 3/8/37. Press Service No , 9*-<74 Secretary of the Treasury Morgenthau announced last night that the subscription hocks for the current offering of 2-1/2 percent Treasury Bends for 1949-53 will close at the close of business Wednesday, March 10, 1937. This offering is open only tc t,he holders of Treasury Notes of Series B-1937, maturing April 15, 1937. Subscriptions placed in the mail before 12 o'clock midnight, Wednesday, March 10, will be considered as having been entered before the close of the subscription books. Announcement of the amount of subscriptions and their division among the several Federal Reserve districts will be made later. c c a Ogc - TRBASUHT DmJSMBT Washington roH hblsasì, mossi» Prase Service Tuesday, March 9, 1939« if- n a/a/sv ± Secretary of the Treasury Morganthau announced last evening that the tenders for two series of Treasury Mils, to he dated March 10» 195V, which were offered on March 5, were opened at the Federal Heserve banks on March 8* Tenders were invited for the two series to the aggregate amount of #100,000,000 or thereabout#, and #885,815,000 was applied for, of whioh #100,085,000 wee ac cepted, The detail# of tho two series are as follows: 98-OàT treasury b x u s . m s m w a wm 16. 1939 For this series, which was for #50,000,000, or thereabouts, the total amount applied for was #153,819,000, of Which #50,055,000 was accepted. Except for one bid of #500,000, the aeoepted bide ranged in pries from 99.991, equivalent to a rat# of about 0*109 pereant par annum, to 99.980, equivalent to a rata of about 0.820 pereant par annum, on a hank discount bails. Only part of the amount hid for at tha latter prise was accepted. The average price of Treasury hills of this series to be issued le 99.951 and tha average rate is about 0.199 pereant per annum on a bank dicoount basis. 893-m.T TRMSXmr BILX3. MàTTOMO DECEMBER 8. 1959 For this earias, whioh was for #50,000,000, or thereabouta, thè total amount applied for was #150,198,000, ef whleh #50,010,000 eas accepted. Incapi for onc bid of #100,000, thè accepted bidè ranged in prie# fram 99.699, equlvalent to a rata of about 0.800 pereent par annum, to 99.888, aquivalent to a rate of about 0.889 pereent per annum, on a bank discount basic. Only part of thè amount bid for at thè lattar prie# was aecapted. Tha average prie# of Traasury bilia of this eeries to be ìssued is 99.658 and thè average rate le about 6.858 pereent per annum on a bank discount basia. TREASURY DEPARTMENT Bureau of Internal Revenue Washington FOR RELEASE, MORNING NEWSPAPERS,. Thursday.. March 11, 1937,. 3-10-37. Press Service No. 9-76 Commissioner of Internal Revenue, Guy T. Helvering,, today called attention to provisions of law which require those who receive gifts of $5,000 or more in the calendar year from one donor to file gift tax information returns. If the gift was of a future interest in property, a return must "be filed regardless of the amount. The information return required of recipients of gifts is Form 710, and, as to any gifts received in the calendar year 1936, must "be filed "before March 15 of this year with the Collector of Internal Revenue for the district in which the donor resides, or with the Commissioner of Internal Revenue at Washington, D.C. The donor of gifts during the Calendar year 1936 totaling more than $5,000 to any one donee> or regardless of value if the gift or gifts consist of future interest in property, must also file on or "before March 15, 1937, writh the Collector of Internal Revenue for the district in which the donor resides, a return enumerating such gifts, which is Form 709, the gift tax return. The gift taxis paid "by the donor and all gifts of future interest in property and of $5,000 or more to any one donee, must "be reported. The first $5,000 of.a gift, other than of a future interst, to any one donee is exempt from taxation. If the property or money which is the subject of the gift was transferred to a trustee, the gift tax information return may be filed either by the beneficiary or the trustees If the information return is not filed by either the beneficiary or the trustee, both are liable for penalties* ooOoo TREASURY DEPARTMENT Bureau of Internal Revenue Washington, D. C. Press Release n o . 9 . 7 (, s/,ù/3 -f (J I Commissioner of Internal Revenue Guy T. Helvering today called attention to provisions of law which require those who receive gifts of $5,000 or more in the calendar year from one donor to file gift tax information returns .w44h~*-the““Sel-le^te»s of Rf^enTiR^JjL^the^.-^cLi.s-tPlet-s in which they pay-their „taxes. If the gift was of a future interest in property, a return must be filed regardless of the amount. The information return required of recipients of gifts is Form 710, and, as to any gifts received in the calendar year 1936, must be filed before March 15 of this year with the Collector of Internal Revenue for the district in which the donor resides, or with the Commissioner of Internal Revenue at Washington, D. C. The donor of gifts during the calendar year 1936 totaling more than $5,000 to any one donee, or regardless of value if the gift or gifts consist of future interest in property, must also file on or before March 15, 1937, with the Collector of Internal Revenue for the district in which the donor resides, a return enumerating such gifts, which is Form 709, the gift tax return. The gift tax is paid by the donor and all gifts of future interest in property and of $5,000 or more to any one donee, must be reported. The first $5,000 of a gift,other than of a future interest^ to any one 2 donee is exempt from taxation. If the property or money which is the subject of the gift was transferred to a trustee, the gift tax information return may be filed either by the beneficiary or the trustee. If the in formation return is not filed by either the beneficiary or the trustee, both are liable for penalties. ® n m a m r dkfamott Bureau of Internal Revenue Washington, D, C, FOR RELEASE, Frees Release No, Commissioner of Internal Revenue Ouy T, Helvering today called attention to provisions of lav which require those who receive gifts of $3,000 or more in the calendar year from one donor to file gift tax Information returns with the Celleefrora » _o£ Inteswal Revenue lft"'4fes^ets4ete-^a-vdrl<rk~‘ they, “aptty^helr' taxes* If the gift was of a future Interest In property, a return must be filed regardless of the amount, "The Information return required of recipients of gifts Is Fora 710, and, as to any gifts received In the calendar year 1936, must be filed before March 15 of this year with the Collector of Internal Eevenue for the district in which the donor resides, or with the Commissioner of Internal Revenue at Washington, D, 0, The donor of gifts during the calendar year 1936 totaling more than $5,000 to any one donee, or regardless of value if the gift or gifts consist of future interest in property, must alee file on or before March 15, 1937, with the Collector of Internal Revenue for the District in which the donor resides, a return enumerating such gifts, which is Form 709, the gift tax return. The gift tax is paid by the donor and all gifts of future interest in property and of $5,000 or more to any one donee, must be reported* The first $5,000 of a gift other than of a future interest to any one • 8 - done« is exempt from taxation. If tbs property or money whieh is the subject of tbs gift was transferred to a trustee, the gift tax information return may be filed either by tbs benefieiary or the trustee« If the in formation return is not filed by either the benefieiary or the trustee, both are liable for penalties* TREASURY- DEPARTMENT Bureau of Internal Revenue Washington, D.C. FOR RELEASE, Press Rel*ase No. Commissioner of Internal Revenue Guy T. Helvering today • called attention to provisions of Lawwrhfch require those who \ receive gifts of $5,000 or more in the calendar year from one donor to file gift tax information returns with the Collectors of Internal Revenue in the districts in which- they pay their taxes. If the gift was of a future interest in property, a return must be filed regardless of the amount. -The information return required of recipients of gifts is Form 710 and this re turn must be filed before March 15th of this year as to any gifts received in the calendar year 19S6. The donor of gifts during the calendar year 1S36 totaling ' v more than $5,000 to any one donee, or regardless of value if the gift or gifts consist of future, interest in property, njpt also file a return enumerating such.gifts, which is Form 709, the gift A tax return. The gift tax is paid by the donor and all gifts of future interest in property and of $5,000 or more to any pne donee, must be reported. The first $5,000 of a gift to a n y one donee is ex empt from taxation q r''1■»■ I ' " P ; Both the information return by-the donee and the gift tax return by the donor should be filed With the Collector of Internal Revenue in the district in which the taxpayer resides, hut either or both returns may be filed with the Commissioner of Internal \ Revenue, Washington, D. C. If the property or money which is the subject of the gift # was transferred to a trustee, the gift tax information return may be filed either by the beneficiary or the trustee* If the information return is not filed by either the beneficiary or the trustee, both are liable for penalties* TREASURY DEPARTMENT BOR RELEA.SB, MORNING NEWSPAPERS, Tuesday, March 9. 1937.______ Washington ' Press Service Nr. 9-75 3/8/37. Secretary of the Treasury Mcrgenthau announced last evening that the tenders for two series of Treasury hills, tc he dated March 10, 1937, which were offered on March 5, were opened at the Federal Reserve hanks on March 8. Tenders were invited for the two series tc the aggregate amount cf $100,000,000, cr thereabouts, and $283,813,000 was applied for, of which $100,065,000 was accepted. The details of the two series are as follows* 98-DAY TREASURY BILLS, MATURING JUNE 16, 1937. For this series, which was for $50,000,000, cr thereaheuts, the total amount applied for was $153,617,000, cf which $50,055,000 was accepted. Except fer one hid cf $500,000, the accepted bids ranged in price from 99.971, equivalent tc a rate cf about 0.107 percent per annum, tc 99.940, equivalent tc a rate cf aheut 0.220 percent per annum, cn a bank discount basis. fer at the latter price was accepted. Only part cf the amount bid The average price cf Treasury bills of this series tc be issued is 99.951 and the average rate is about 0.179 percent per annum cn a bank discount basis. 273-DAY TREASURY BILLS. MATURING DECEMBER 8, 1937 For this series, which was for $50,000,000, .cr thereabouts, the total amount applied for was $130,196,000, cf which $50,010,000 was accepted. Except for cne bid cf $100,000, the accepted bids ranged intprice from 99.697, equivalent to a rate cf abcut 0,400 percent per annum, tc 99.644, equivalent tc a rate cf about 0.469 percent per annum, cn a bank discount basis. fer at the latter price was accepted. Only part cf the amount bid The average price cf Treasury bills cf this series tc be issued is 99.656 and the average rate is about 0.454 percent per annum on a bank discount basis. — cOc— STANDARD FORM NO. 14 Fnom _ APPROVEDBY TKt PlUttfNT Manch io . i n i 10—17» Bureau C mg. A ppropriation — OFFICIAL BUSINESS— GOVERNMENT RATES TO COLLECTORS OF CUSTOMS IN THE CORTINEITTEL UNITED STATES: Pursuant to the provisions of section 6a of the Provisional Rerulctlb issued under the Gold Reserve Act of 1364, you are hereby Instructed, effective immeo.lately, and regardless o1 whether s*OLc Regulations arc other-*.a wise complied with, to refuse entry into the continental United States of gold in any form (including gold in its natural state) erported from ,.*> Lop 1 unless there is filed with you a certificate, duly certified by an officer 8 Of the Mexican Government, to the effect tliat such '-old was or may be lawfully exported from Mexico. However, these instructions do not (1) ’’Fabricated gold" as defined in said Gold Retaliations. (e ) hny substance, including iold in its mturnl state, which you aro satisfied, after the filing of im ajipropriatc affidavit by the importer, does not contain more than 5 troy ounces of fine sold per .sort ton. SECRETARY UF THE TREASURY Approved: HOUSE 9 At the request of the, Mexican ■Government and with the approval of the President, Secretary lidrgenthaa today directed Collectors of Customs to refuse entryVof- shipments of gold from Mexico unless ^¡0 sxxt sMpment#»i*M-«s A /v accompanied hya hertficate showing that it may lawfully he exported from Mexico. A copy of the Secretary1s telegram to collectors follows: TREASURY DEPARTMENT Washington FOR RELEASE, MORNING- PAPERS, Friday, March 12, 1937______ 3-11-37, Press Service No. 9-77 At the request of the Mexican Government and with the approval of the President, Secretary Morgenthau today directed Collectors of Customs to refuse entry into the United States of shipments of gold from Mexico unless the shipment in each case is accompanied by a certificate showing that it may lawfully be exported from Mexico. A copy of the'Secretary's telegram to collectors follows; "TO COLLECTORS OP CUSTOMS IN THE CONTINENTAL UNITED STATES: Pursuant to the provisions of section 8a of the Provisional Regulations issued under the Gold Reserve Act of 1934, you are hereby instructed, effective immediately, and regardless of whether said Regulations are otherwise complied with, to refuse entry into the continental United States of gold in any form (including gold in its natural state) exported from Mexico, unless there is filed with you a certificate, duly certified by an officer of the Mexican Government, to the effect that such gold was or may be lawfully exported from Mexico* However, these instructions do not apply to (1) ’’Fabricated gold17 as defined in said Gold Regulations. (2) Any substance, including gold in its natural state, which you are satisfied, after the filing of an appropriate affidavit by the importer, does not contain more than 5 troy ounces of fine gold per short ton. (signed) HENRY MORGENTHAU, JR, SECRETARY OP THE TREASURY.'7 ... . _____________ mnftTgi tr nriiTTTnrnnrTrTiiiT'iTniy fliiin nurn inn wimmi «§i>iiiumn y winmu _______________________________ ___ ______ _ _ _ _ __________________________________________________ t January : December i ------------------------------ i--- 1331-- 1___ 133&__ tt January I9t6 t 1st 7 Months Fiscal Tear < 1917______ 1936 DISTILLED LIGtUORS (Proof Gallons): Stock In Customs Bonded Warehouses at beginning Total Imports (Pros and Dutiable) 3,426,042 1,280,400 3,424,539 2, 438,133 4,222,560 775,805 Available for Consumption Entered Into Consumption (a) 4,706,442 A»077 ,t o o 5 ,322,738 2 ,435,356 4, 398,365 1,245,472 3,618,738 3,426,042 3 ,738,020 3 ,618,338 houses at beginning Total Isports (Free and Dutiable) 1,085,367 212,826 1,3«0,417 1 ,607,076 1 ,637,508 1,540,348 443,031 231,635 Available fer Consumption 1.2JM7J 228,372 1,803,448 1,838,791 1 ,663,725 3 ,307,233 722,563 201,467 2,232,410 1,713,778 3 ,254,726 1,606,040 1,068,783 1,085,347 1 , 636,045 1,068,783 1 ,636,045 137,455 165,322 232,724 36,39« 173,853 26,273 -48— 127,876 293,198 155,683 216,919 360,481 288,091 11,246 243,970 577,400 20,275 429,449 146,225 434,316 203,491 147,53« 13 7,455 223,688 147,53« 223,688 32 ,527,410 198,901 $ 6,213,853 $3,253*414 $24,823,016 $21,169,952 654,612 251,236 119 ,10 6 1,992,133 1,290,576 1,999,827 1.208,550 3 ,623,756 28,105,725 24,378,329 t^pwrweu iron «usesue wwoiuuj Stock in Customs Bonded Ware houses at end 3,702,586 10 ,106,708 13 ,803,234 10 ,130,764 59, 338""" 3,522,644 5,388,850 8,911,434 5,007,336 3,738,020 STILL WINES (Liquid Gallons)s Stock in Customs Bended Ware Entered into Consunptlon (a) Stock in Customs Bonded Ware houses at end SPARKLING WINES (Liquid Gallons): Stock in Customs Bended Warehouses at beginning Total Imports (Free and Dutiable) Available for Consumption Entered into Consumption (a) pGo #* From COTtiiftr O u s t edju» Stook in Customs Bonded Ware houses at end DUTIES COLLECTED ON: Distilled Liquors Still Wines Total Duties Collected on Liquors Celloot odoiri>Other "«miif**4-1“ Tntfti« ??****« -***•* g™»*™ f t r s i i t flo llrttfu f f 78,585 2,804,896 469,212 7 ,337,677 ■ -«■71 _____].♦»»• | 4t,5i*,3«63«£6j --6 *9 ^ (a) Including withdrawals fer ship supplies and diplomatic use* 'TOSWWf««*^ 199,388,942 33,599>43T^ OFFICE OF THE COMMISSIONER OF CUSTOMS Sta March 1 2 , 1937 TO MR. GASTON FROM MR. FREEMAN: There i s transm itted herewith a statement showing imports o f d i s t i l l e d liq u o rs and wines, and d u tie s c o l le c te d thereon, coverin g the month o f January 1936 and 1937 and the f i r s t seven months o f the f i s c a l years 1936 and 1937, which may be su ita b le fo r p ress re le a s e Enclosure TREASURY DEPARTMENT Washington FOR RELEASE* MORNING NEWSPAPERS, Press Service Monday, March 15, 1937.________ No. 9 - 7 8 1/13/37 Imports of distilled liquors and wines and duties collected thereon for the month of January, 1936, and 1937, and the first seven months of the fiscal years 1936 and 1937, have been reported by the Commissioner of Customs as shown in the follow ing statement; .. h January December January 1st* 7 kcsths .Fiscal Year 1936 1937 ‘ 1936 1936 193? DISTILLED LIQUORS (Proof Gallons) , Stock in Customs Bonded Warehouses 3,522,644 at beginning.... 3,702,586 3,426,042 3,424,539 4,222,560 Total Imports (Prqa 5,383,850 10,106,708 775,805 and dutiable).... 1,280,400 2,498,199 Available for Con sumption. ......... 8,911,494 4,706,442 5,922,738 4,998,365 ' 13,809,294 Entered into Con sumption (a),..... 5,007,336 10,130,764 1,077,908 2,495,356 1,245,472 Stock in Customs Bonded Warehouses at ena.......... 3,738,020 3,618,938 3,426,042 3,738,020 3,618,938 STILL WINES (Liquid Gallons) Stock in Customs Bonded Warehouses 1,540,948 1,637,508 1*085,347 1,360,417 1,607,096 at beginning.•.. Total Imports (Free 1,713,778 231,695 and dut iable)•••• 449r031 212,826 1,669,725 Available for Con 3,254,726 sumption. ....... . 3,307,233 1,298,173 1,809,448 1,838,791 Entered into Con 1 ,506,040 201,467 722,569 2,232,410 sumption (a)...,,, 228,372 Stock in Customs Bonded Warehouses 1,068,789 1,636,045 1,068,789 1,085,347 1,636,045 at end# SPARKLING WINES (Liquid Gallons) Stock in Customs Loaded Warehouses 288,091 232,724 216,919 165,322 at beginning..,• 137,455 Total Imports (Free 11,246 146,225 360 r481 36,398 127,876 and dutiable)•• 1 Available for Con243,970 434,316 293,198 577,400 sumption.......... 173,853 Entered into Con203,491 429,449 20,275 155,683 sumption (a)...... 26,273 Stock in Customs Bonded Warehouses 223,686 223,688 147,538 137,455 at end........... 147,538 DUTIES COLLECTED ON: $24,823,016 $21,169,952 $2,527,410 $6,213,853 $3,253,414 Diskilled Liquors 1,999,827 251,236 Still Wines 654,612 198,901 1,992,133 1,208,550 469,212 1,290,576 119,106 SPARKLING WINES 78,585 Total Duties Collected? '.... 1 ' '.V on Liquors $2,804,896 ,7,337,677 3,633,756 ^8,10-5,735 24,378,339 (a) Including withdrawals for ship supplies and diplomatic use* restrictod, or subjeet to tho paymeot of dut!os or other ©motion», or when th© roquasting offieers suspect that tho osnera or persona In posæssioa of any of th# cargo latead to violate tho laws of tho requesting Government la respect of «uoh cargo. "ABTICIE IV. It la agreod that tho castoni* and othir administrative officialo of tho Government of tho United State» of Amerlea and Franco, respect ively, «hall t^oa ro quest of tho competent authoritioa of oao Goverumeat made of tho connotent authoritioa of tho othor Government, ho directod to attend as oitnasses and to produco suoh evailahlo record» and files, or duly authoatloated or certifled copleo thereof, as may he considerad essential to thè trial of civil or criminel case» la thè court» of thè country oa chose behalf thè request «a» mede, and a» aay ho produeed coapatibly with thè publie interest of thè country of tìàtoh thè request sa» mede. "The cast of transcripto of record», déposition», certificate» and lettera rogatory la civil or criminal casca, and thè cost of firot-claas transportation hoth say», mata« tenance and other propar expense» iavolved la thè attendane# of sueh vltnesses ahall he pald by thè Government requestlag thè Ir attendano# not later thaa at thè tima of thèir di»charge by thè court fresa further attendano# at such trial. Lettera rogatory and commission» »hall he erecuted etih all possible despatoh and copies of officiai record» or document» shall be authoatloated or certifica proraptly by thè espro priate off leal» in accordance wlth th» provisions of tho las» of thè respective eountries.* -— -day W Ü ï thio agreement «diali ho promptly referrea to tho Bureau of Gustosa* far such action a» aay he appropriate. Socretary of tho freasnry. m i / m g/so/37 C1BT0M3 rnrnm — ra o u rm jmmmm Agreement betwoea thè United State* and Fi-ance concerning tl suppreaaion ot custos® frauda* TmusuHT MAR 1 1 193? oùUMfom m CTBT0M3 « i m ooHsmmi Bar cxchaag® et acta* affeotcd et tari* oa Deceder 18, 1936, ì' thè United States and Frane* enterad inte thè folloning reciprocai jf ' agreeneat concerning cooperati©* batucan thè Gustosi® Servioee of j thè respective countriee, tc heco«* effactiva Decaasber 16, 1936* / *ABTICLS 1« The Onetosse Adulaistrati©» of ih» United State# of America and thè French Cistoma Adminietratioa »hall promptly communioate to eaeh other all Information et aay time in thelr poaeeasion concerning importe and ex port® «hieh night facilitate thè auppression of eauggliag or froud in thè other country* "AJITIC12I n. Ooiicerning direct or indireet ahipmenta of merchandiae between thè United State# of America or ita poaaeaaloac and Frano® or ita possessione, eaeh of thè Ad ulaistrati©a» oonoeméd Cheli send diroctly to thè other, apon thè latteria erittea r«quest, all Information «hieh may he gathered fresa documenta in ita possessioni (estría«, registratine records, dedaratiene, and other cuaterna docu menta}* Sueh documenta, or duly authentlaated or certifiad copia# thereof, may ha usad as evidene® in proceedli^s or proseeutione in thè court*• "ARTX0X& 111* The appropriate offleer* of thè Ooverament* of thè United States of Aasrloetnnd Frano#, respeotlvaly, shall furaiah upon requeat to duly authorined officer* of thè other Government Information concerning olearanee® of veeeel* or thè tranaportation of cargos®, ¿ben th® inertetloa or exportation of any of thè cargo carrlad la prohlhlted, For Sunday AM’ s S e creta ry Morgenthau today n o t ifie d Customs o ff ic e r s of a r e c ip ro c a l arrangement fo r c lo s e co-op eration “between the United S ta tes and France fo r the suppression of snuggling and t a r i f f frauds# By th e terms of the agreement# n eg o tia te d a t Paris by re p re se n ta tiv e s of the State Department# the Customs ^Services o f the resp e ctive coun tries a re authorized tas and charged w ith the r e s p o n s ib ilit y of communicating promptly to the other servie® any inform ation th e y might have 'which would h elp to prevent smuggling of contraband or evasion of t a r i f f dutieso The agreement# embodied in a Treasury D ecision addressed to ^ C ollectors of Customs and Others Concerned#1*1 is expected to be o f e s p e c ia l help to both cou ntries in the con trol of i l l i c i t n a rc o tic s and of tflOMSwisua valu e in a g re a t many other phases of Customs Adm inistration# I t a ls o provides fo r m utuîal appearance o f Customs o ff ic e r s of the resp e ctive coun tries as w itnesses in prosecutions# f o r the transm ission by request of o ffic ia l, documents which may be used as evidence in the courts and fo r th e exchange of inform ation with re s p e c t to movements of v e s s e ls and cargoes when th e s im portation of exp ortation of any of the cargo c a rrie d ni s prohibited# r e s t r ic t e d , or su b ject to th e pay ment of duties* or other exactions#** TREASURY DEPARTMENT Washington EOR RELEASE, MORNING NEWSPAPERS Sunday, March 14th, 1937______ 3/13/37. Press Service N o . 9-79 Secretary Morgenthau today notified Customs officers of a reciprocal arrangement for close co-operation "between the United States and France for the suppression of smuggling and tariff frauds* By the terms of the agreement, negotiated at Paris hy representatives of the State Department, the Customs Services of the respective countries are authorized and charged with the responsibility of communicating promptly to the other service any information they might have which would help to prevent smuggling of contraband or ®vasion of tariff duties. The agreement, embodied in a Treasury Decision addressed to "Collectors of Customs and Others Concerned," is expected to be of especial help to both countries in the control of illicit narcotics and of value in a great many other phases of Customs administration. It also provides for mutual appearance of Customs officers of the respective countries as witnesses in prosecutions, for the transmission by request of official documents which may be used as evidence in the courts and for the exchange of information with respect to movements of vessels and cargoes when the importation of exportation of any of the cargo carried "is prohibited, restricted, or subject to the payment of duties of other exactions The text of the agreement follows: "ARTICLE I. The Customs Administration of the United States of America and the French Customs Administration shall promptly communicate to each other all information at any time in their possession concerning imports and ex ports which might facilitate the suppression of smuggling or fraud in the other country. 2 "ARTICLE II. Concerning direct or indirect shipments of merchandise "between the United States of America or its possessions and France or its possessions, each of the Ad ministrations concerned shall send directly to the other, upon the latter’s written request, all information which may be gathered from documents in its possession (entries, regis tration records, declarations, and other customs documents). Such documents, or duly authenticated or certified copies thereof, may be used as evidence in proceedings or prosecu tions in the courts. "ARTICLE"-III* The appropriate officers of the Govern ments of the United States of America and France, respectively, shall furnish upon request to duly authorized officers of the other Government information concerning clearances of vessels or the transportation of cargoes, when the importa tion or exportation of any of the cargo carried is prohibited, restricted, or subject to the payment of duties or other exactions, or when the requesting officers suspect that the owners or persons in.possession of a'ny of the cargo intend to violate the laws of the requesting Government in respect of such cargo. "ARTICLE IV. It is agreed that the customs and other administrative officials of the Government of the United States of America and France, respectively, shall upon re quest of the competent authorities of one Government made of the competent authorities of the other Government, be directed to attend as witnesses and to produce such avail able records and files, or duly authenticated or certified copies thereof, as may be considered essential to the trial of civil or criminal ceases in the courts of the country on whose behalf the req&est was made, and as may be produced compatibly with the public interest of the country of which the request was made. "The cost of transcripts of records, depositions, certificates and letters rogatory in civil or criminal cases, and the cost of first-class transportation both ways, main tenance and ether proper expenses involved in the attendance of such witnesses shall be paid by the Government requesting their attendance not later than at the time of their dis charge by the court from further attendance at such trial. Letters rogatory and commissions shall be executed with all possible despatch and copies of official records or documents shall be authenticated or certified promptly by the appro priate officials in accordance with the previsions of the laws of the respective countries." cs— TREASURY DSPARTMSNT Washington Prono Sertice fOH BftíSDlATK RELEASE, Monday, March 18« 1937 ¿j'$Ó Acting Soorotary ot tho Treasury Magill today announced that reporte from tho Treasury Koton changod of for 2-1/8 federal Resorte banks indícate that Serlo» B-1937, raaturing April percent Troasury #485,910,000 ©f 18, 195?, bate boon ex- Bonds of 1949-83* Suhscriptions and allotments woro divided among tho »otoral federal Bañarte áistrlot» and tho Troasury ao folio*»* federal Resorte Distriot_____ Boston lew York Philadelphia Oloteland Richaond Atlanta Ghleago St. Loáis Minneapolis Kansas City Rallas San ITanolsoo Treasury TOTAL Total Subscription» Beeoitod and Allottod # 20,887,700 520,589,900 3.925.800 12,003,300 29.942.100 2,773,300 94.994.100 8,683,500 1.710.800 4,494,700 944,700 18,770,200 5.198.300 #483,910,000 TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Monday, March 15, 1937 Press Service No, 9-80 Acting Secretary of the Treasury Magill today announced that reports from the Federal Reserve hanks indicate that $483,910,000 of Treasury Notes of Series B-1937, maturing April 15, 1937, have been exchanged for 2-1/2 percent Treasury Bonds of 1949-53. Subscriptions and allotments were divided among the several Federal Reserve districts and the Treasury as follows:. Federal Reserve District Total Subscriptions Received and Allotted Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St, Louis Minneapolis Kansas City Dallas San Francisco Treasury Total $ 20,857,700 320,529,500 3.925.800 12,003,300 29.942.100 2,773,300 56.996.100 8,683,500 1.710.800 4,494,700 964,700 15,770,200 5.258.300 $483,910,000 ooOoo TREASURY DEPARTMENT O F F IC E O F T H E S E C R E T A R Y C O M M IS S IO N E R O F W A S H IN G T O N A C C O U N T S A N D D E P O S IT S March 1 1 , 1937. TO MR. GASTON: During the month of February, 1937, the follo w ing market tra n sa ctio n s took p lace in Government s e c u r it ie s fo r investment accounts: T o ta l purchases • » • + ♦> . . „ $5,701,800 T o ta l sa le s e « t • » o « « o Net purchases: -Ö- i,701,800 TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Monday, March 15, 1937. Press Service No. 9-81 Net market purchases of Government securities for Treasury investment accounts for the calendar month of February, 1937, amounted to $5,701,800, Acting Secretary Magill announced today. — oOo— «IMPORTS OF COMMODITIES FROM THE PHILIPPINES UNDER QUOTA PROVISIONS OF PHILIPPINE INDEPENDENCE ACT AND CORDAGE ACT OF 1935 P relim inary F ig u re s , as o f February 27, 1957 Customs D is t r ic t TOTAL IMPORTS Per Cent o f Quota Chicago Galveston Hawaii Los Angeles Maine and N. H. Maryland Massachusetts Michigan Minnesota New Orleans New York Ohio Oregon P h ilad elp h ia Puerto Rico Rhode Islan d S t . Louis San Antonio San Francisco V ir g in ia Washington W isconsin S t . Lawrence t January 1 to February • « REFINED SUGAR 1 COCONUT OIL ; : (Pounds) : (Pounds) 27, 1937 : UNREFINED : SUGAR ; (Pounds) 59,598,617 13.3# 4,182,640 3#7# • * » 669,700 7,109,770 « 11,473,520 33,386,687 05 560,000 «* 564,580 5,834,360 • — •» 3,077,852 » — — • «* 984,188 • 120,600 ** • 183,871,033 10.3# m • ** 6,694,444 ** 50,045,312 53,410,195 60,227,306 ** » 13,493,776 *• : : : : May 1 , 1936 to Feb. 27, 1937 CORDAGE (Pounds) 5,059,843 84.3# 405,088 103,096 532,982 445,507 4,530 m m 30,496 6 j251 66,221 36,294 1,576 ,176 2,048 171,728 1 1 ,3 7 1 182,033 13,615 128 ,876 40,928 969,675 17,677 225,417 Off OOff Ö7 1,837 (Prepardd by D ivision, o f S t a t i s t i c s and Research, Bureau o f Customs) The Commissioner o f Customs today announced prelim inary fig u re s fo r imports o f commodities coming in to the United S ta te s from the P h ilip p in e Islan ds under the quota p rovision s o f the P h ilip p in e Independence A ct, during the period January 1 to February 27, 1937, ahd„under the Cordage Act o f 1935, during the period KGay 1 , 1936, to February 27, 1937, a lso the percentages th a t such imports bear to the t o ta ls allow able under the quotas, as fo llo w s: OFFICE OF THE COMMISSIONER OF CUSTOMS S ta March 1 3 , 1937* MR. SCHWARZ (Roam 289 - Treasury Department) FROM MESS HENRY: There is attached a ta b u latio n f o r immediate re le a s e showing prelim inary fig u r é s f o r imports o f commodities coming in to the United S ta te s from the P h ilip p in e Isla n d s, under the quota pro v is io n s o f the P h ilip p in e Independence Act and the Cordage Act o f 1937, as o f February 27, 1937. When th is ta b u la tio n has been mimeographed, k in d ly have 80 copies forwarded to me at Room 415, Washington B u ild in g. TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Tuesday, March 16, 1937. Press Service No. 9-82 The Commissioner of Customs today announced preliminary figures for imports of commodities coming into the United States from the Philippine Islands under the quota provisions of the Philippine Independence Act, during the period January 1 to February 27, 1937, and under the Cordage Act of 1935, during the period May 1, 1936 to February 27, 1937, also the percentages that such imports bear to the totals allowable under the quotas, as follows; CUST01IS DISTRICT TOTAL IMPORTS Per Cent of Quota Chicago Galveston Hawaii Los Angeles Maine and N.H. Maryland Massachusetts Michigan Minnesota New Orleans New York Ohio Oregon Philadelphia Puerto Rico Rhode Island St. Louis San Antonio San Francisco Virginia Washington Wisconsin St, Lawrence January 1 to February 27, 1937 May 1, 1936 to REFINED UNREFINED Feb. 27, 1937 CORDAGE SUGAR COCONUT OIL SUGAR (Pounds) (Pounds) (Pounds) (Pounds) 59,598,617 183,871,033 4,182,640 5,059,843 3.7$ . 84.3$ 10.3$ 13.3$ _________ __________ ____ _____ 405,088 103,096 532,982 445,507 4,530 669,700 7,109,770 6,694,444 — ■ «*-.— 11,473,520 33,386,687 50,045,312 53,410,195 560,000 60,227,306 3,077,852 564,580 5,834,360 984,188 120,600 ooOco 13,493,776 30,496 6,251 66,221 36,294 1,576,176 2,048 171,728 11,371 182,033 13*615 128,876 40,928 969^675 17,S77 2251417 ^ 87,997 ljs37 •IMPORTATIONS OF CATTLE, CREAM AND CERTIFIED SEED POTATOES UNDER TEE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT Prelim inary Figures as o f February 27, 1937 Customs D is t r ic t TOTAL IMPORTS Per Cent o f Quota January 1 to February 27, 1937 < CATTLE : CATTLE 700# î DAIRY COWS • OR MORE • 700# OR MORE • CREAM UNDER 175# : (Head) : -(Gal*)(Head) 5 (Head) : 10,416 20 «1% 45,682 29.3% «• 1,608 665 26 1 187 100 7,574 - . • 40 96 «* 1 • 6,402 635 2,103 124 » 3 54 822 4*1% 9,004 0*6$ Dec. 1,1936 ii Feb. 27, 1931 WHITE OR IRK SEED POTATOES (Pounds) 1,480,193 3.31 FROM CANADA A laska B u ffalo Chicago Dakota Duluth & Superior Hawaii Maine & N. H. Maryland M assachusetts Michigan Minnesota Montana & Idaho New York Oregon P h ilad elp h ia S t . Lawrence Vermont V irg in ia Washington Total from Canada FROM MEXICO Arizona E l Paso San Antonio San Diego T o tal from Mexico m m 1,750 19,930 307 768 390 275 213 45 m 13 m m m 72 10 m m 2 m m m 39 « • - • - m m 2,546 • 62 574 91 • — 6 8,957 - 10,298 35,545 822 9,004 20 98 «K» 1,848 5,667 1,445 1,17 7 - *• — — 118 10,137 - - m m m m «• *» r;. 2,000 249,370 420,858 «• 322,486 m m m m 446,279 39,200 1,480,193 * ___________ — 1 __________ : (Prepared by D ivisio n o f S t a t i s t i c s and Research, Bureau o f Customs) IMPORTS OF DOUGLAS FIR AND WESTERN HEMLOCK UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT During the Period January 1 to February 27, 1937 (Prelim inary Figures) Customs D is t r ic t TOTAL IMPORTS Per Cent o f Quota FROM CANADA Alaska B uffalo . Sawed Timber and Lumber Not S p e c ia lly Provided For ; Douglas Western : Mixed F ir T o ta l F ir : F ir Hei^lock : 5c Hemlock 5c Hemlock : (B d .F t.} (B d .F t.) : (Bd. F t.) (Bd. F t.) 4,271,639 1,066,137 3,018,283 m m 2,930 8,356,059 3.3^ 2,930 59,250 - - 59,250 1,250,635 248,768 - 1,499,398 510,837 156,011 m m Maine 5c N. H. 112 « MB- 112 Massachusetts 931,602 616,011 «ft 1,547,613 - 45,352 - 45,352 * 3,018,283 3,018,283 Dakota Duluth 5c Superior Michigan New York S t. Lawrence Vermont Washington 53,442 m 224,548 - * 1,238,283 - m m 666,848 53,442 224,548 1,238,283 (Prepared by D ivisio n o f S t a t i s t i c s and Research, Bureau o f Customs) Ihe Colamissio n er o f Customs today announced prelim inary fig u r e s fo r imports o f commodities under the quota p rovision s o f the Canadian Trade Agreement, as o f February 27, 1937, and the percentage th at such imports bear to the t o t a ls allow able under the quota p ro v isio n s, as fo llo w s: OFFICE OF THE COMMISSIONER OF CUSTOMS Sta March 13 , 1937« MR. SCHWARZ (Roam 289, Treasury Department) FROM MISS HENRY: There are attached two tab u latio n s fo r immediate re le a s e showing prelim inary fig u r e s f o r imports o f commodities under the quota p rovision s o f the Canadian Trade Agreement, as o f February 27, 1937. When the re le a se has been mimeographed, please have 115 copies forwarded to me a t Room 415, Washington B u ild in g. TREASURY DEPARTMENT Washington EOR M E D I A T E RELEASE, Press Service Tuesday, March 16, 1937. No. 9-83 The Commissioner of Customs today announced preliminary figures for imports of commodities under the quota provisions of the Canadian Trade Agreement, as of February 27, 1937, and the percentage that such imports hear to the totals allowable under the quota provisions, as f o l l o w s : ___________________________________ IMPORTS OF DOUGLAS FIR AND WESTERN HEMLOCK UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT DURING THE PERIOD JANUARY 1 to FEBRUARY 27, 1937 __ _______________________________ (Preliminary Figures) _______ Sawed Timber and Lumber Not Specially Provided For Douglas Western. Mixed Fir Total Fir CUSTOMS DISTRICT Fir Hemlock & Hemlock & Hemlock (Bd. Ft.)______(Bd. Ft.) (Bd. Ft.) (Bd. Ft.), TOTAL IMPORTS Per Cent of Quota 4,271,639 1,066,137 3,018,283 8,356,059 ___________________________ ____________________ 3.3$ FROM CANADA Alaska 2,930 Buffalo 59,250 Dakota Duluth & Superior Maine & N.H. Massachusetts ---- — - .....— -------- 59,250 1,499,398 510,837 156,011 666,848 112 __ ; ...._ ....... ------ Michigan --- ---- 45,352 New York --------- Washington --------- 248,763 616,011 Vermont 2,930 1,250,635 931,602 St. Lawr enc e ---- 53,442 224,548 1,238,283 112 1,547,613 — — — --- ---------- 3,018,283 ............ .— — — ___________; ________ ___ ---- ------' 45,352 -=-------- - 53,442 224,548 -- --- --- 1,238,283 IMPORTATIONS OF CATTLE, CREAM AND CERTIFIED SEED POTATOES UNDER THE QUOTA PROVISIONS OF THE CANADIAN TRADE AGREEMENT 5r el imi nary Figures as of February 27, 1937 CUSTOMS DISTRICT TOTAL IMPORTS Per Cent of Quota FROM CANADA Alaska Buffalo Chicago Dakota Duluth & Superior Hawaii Maine & N.H. Maryland Massachusetts Michigan Minnesota Montana & Idaho New York Oregon Philadelphia St. Lawrence Vermont Virginia Washington Total from Canada FROM MEXICO Arizona El Paso San Antonio San Diego Total from Mexico CATTLE UNDER 175# (Head) CATTLE 700# OR MORE (Head) DAIRY COWS 700# OR MORE (h e a d ) CREAM GAL. 9,004 0.6# 10,416 20.1 # 45,682 29.3 # 822 4.1# 1,608 6,402 635 2,103 124 13 665 26 1,480,193 3.3# 39 3 54 X 187 100 Doc. 1. 1936 to Feh. 27. 1937 WHITE OR IRISH SEED POTATOES (Pounds) 72 2,000 249,370 10 420,858 40 96 1,750 19,930 307 768 390 275 213 45 62 574 1 2,546 91 + * * > * * « •* •* * 446,279 39.200 10,298 35,545 822 9,004 1,480,193 7,574 20 98 113 — 322,486 6 8,957 1,848 5,667 1,446 1.177 >in. j » h — 10,137 ooOoo TRSàSÜHT WSPk&Mm? m m m m m FOR RKLIASB, MORNIKO S S E * * fussday* Maroh 16. 195F# Fr««« Servie« 3/15/3*? Acting Seôretary of ths Treasury Magill announced 1««« evening that the tendera for two sériés of Treasury M i l s , to be dated March 17, 1937, which were offered «a March 12, were opened at the Fédéral Reserve bahks en March 18, Tenders were invited fier the two sériés to the aggregate amount of #100,000,000, or thsreabouts, and #847,884,000 ^ Imà #100,093,000 was aecepted. m » applied for, of whish The detail« of the two sériés are as fellowai 9 2 > M Y TRglSUHY M U S . MATÜRIH* mm 17, 1937 For this «aria«, whleh was for #50,000,000, or theraabouts, the total amount applied fer was #140,788,000, of whleh #50,081,000 was aecepted. The at* eapted bide ranged in prie* from 99*977, équivalent to a rata of 0*090 perdent per azmum, to 99*944, équivalent to a rate of about 0*211 percent par annum, on a bank discount basls* aeeepted* Only part of the amount bld for at the lutter prise was The average prise of freasury bills of this aerles to be lesued is 99*954 and the average rate 1« about 0*173 percent per anaim m a bank diseount basis. 275~33AY fKSàSOKY 811X8. HàTOCTO PSORMBSR 15* 1987 1 er this sériés, whleh was for #50,000,000, or the reabout«, the total y .^ amount applied for was #104,442,000, of whleh #50,012,000 was aecepted* iSxeept f for one bld of #20,000, the aeeepted bld« sangsd in pries from 99*444, équivalent te a rate of about 0*440" percent per annum, to 99*554, équivalant to a rate of about 0*S85rpercent per annum, on a bank diseount basls* bld for at ths lutter prise was aecepted. Only part of tho amount Th» average pries of freasury bills of this ««ries to be issusd is 99*402 and ths average rate is about 0*325 per cent per annum on a bank diseount basls* C o m p a ra i; l v e F o r m 6 9 1 9-A TREASURY DEPARTM ENT I nternal R evenue B ureau A ccount and C ollections U nit S t a t e m e n t o r I n c o m e Taase» C o l l e e t e f l M a r c h an a M a rc h 1 - 1 5 , in e ln s lv e , 193?* T936\ in c lu s iv e , —Revised June 1934 D IS T R IC T S Deposited Mar.1-16, 1936 Alabama, Arizona, Arkansas, 1 st California, 6th California, Colorado, Connecticut, Delaware, Florida, Georgia, H aw aii, Idaho, 1st Illinois, 8th Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, including D ist. of Columbia, M assachusetts, Michigan, Minnesota, M ississippi, 1st Missouri, 6th Missouri, Montana, Nebraska, Nevada, N ew Hampshire, 1st New Jersey, 5th N ew Jersey, N ew Mexico, 1st New York, 2d N ew York, 3d New York, 14th New York, 21st New York, 28th New York, North Carolina, North Dakota, 1st Ohio, 10th Ohio, 11th Ohio, 18th Ohio, Oklahoma, Oregon, 1st Pennsylvania, 12th Pennsylvania, 23d Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, 1st Texas, 2d Texas, Utah, Vermont, Virginia, Washington, including Alaska, W est Virginia, W isconsin, Wyoming, $ $ Total 1937 1936 1 ---- —i — 1* $ Total 1st• Undeposited 1st. TJndeposited. Deposited Mar. 1-16, 1936 Mar. 1-15, 1937 Mar.1-15, 1937 $ $ 912,450«►77 406,652,►04 510,680,►21 10,484,413,.84 7,618,065,.27 1,925,538.67 8,491,692.14 7,280,815.19 2,671,363 • 81 1,321,320.06 1,592,128• 14 349,593.19 30,837,598.75 2,152,558•55 5,242,847.20 2,069,491•22 2,058,442•18 2,745,000• 38 2,044,284.28 1,395,281• 22 8,583,662.80 14,228,327•16 23,279,873i.86 3,164,384eOO 433,314.67 5, 242, 144c39 2,829,863•28 764,967•70 1,194,398¡•97 831,005•43 788 755;88 2,423,869>•32 12,143,087•25 220,960.48 6,379,217f.00 60,286,167.33 35,000,000¡.00 6,666,091¡#17 1,627,650¡«63 6,020,710¡•43 4,511,966¡•54 148,779¡•12 5,485,661¡•43 1,754,303¡•92 1,116,852¡•74 8,427,250i.00 2,098,005¡•85 789,517M 2 16,207,943¡.35 1,366,796>.95 11,444,844¡•14 2,723,860¡•62 691,636¡•95 176,600¡.66 2,582,922¡.06 5,283,644¡.02 3,460,173¡•95 489,874¡•05 347,3221.97 3,579,436¡.20 2,615,923¡•26 1,859,534 •22 3,456,590¡•28 283,950¡.17 1,038,825.82 712,927.46 854,070.60 j | 15,241,139.20 1 11,191,916.91 3,055,841.01 15,584,468.76 16,177,961.41 3,242,467.56 2,657,903.43 I 2,242,544.75 1 577,013.50 1 49,665,955.70 | 3.914,465.16 Jl 7,601,499.43 | 3,154,990.70 1 2,672,849.75 J 2,918,316.10^ 2,988,700.56 1 2,014,194.32 1 12,703,954.08 1 17,372,852.13 30,643,546.36 5,295,245.00 799,667.81 J 7,183,839.13 1 3,326,644.57 I 859,667,05 1,612,859.72 852,541.77 I 1 305*018.98 1 3,757,499.38 1 18,152,046.76 380,662.75 9,647,976.00 74,754,710.69 I 35,713,280.88 || 9,369,258.61 2,978,469.21 8,575,988.93 5,117,487.94 194,020.92 7,777,731.85 I 139,381,126.45 365,002,054¡•43 520,893,583.57 1 712,480,►77 318,677,►31 460,286,►17 6,484,413(.84 6¡118",065,,27 1,725,538,.67 6,991,692,.14 6,280,815,.19 1,671,363,.81 1,271,320,.06 1,457,122• 14 324,593.19 18,837,898.75 2,052,558.55 4,547,847.20 1,269,491.22 1,758,442.18 2,071,568.20 1,344,284.28 1,245,281.22 7,773,662.80 6,228,327.16 16,279,873• 86 3,164,384.00 431,314i.67 4,742,1441.39 1,329,863.28 714,967.70 844,3981.97 781,00S¡.43 708,755¡.88 2,421,401:.05 9,643,037'.25 194,960i.48 6,379,217.00 52,286,167U33 32,996,6971.73 6,666,091.17 1,497,6501.63 5,020,710•43 2,011,966•54 123,779.12 4,735,661.43 1,254,3021.92 1,091,852¡.74 6,927,2501.00 1,698,009¡.85 714,517M 2 11,707,942¡.35 1,316,7981.95 10,219,844•14 2,223,860[•62 AQ1 tA i.95 v v x ,AOOs 126,6001.66 1,782,922¡.06 5,198,644[«02 2,760,172¡.95 389,874t.05 317,322¡.97 2,879,436¡«20 1,865,922¡•26 1,759,534•22 2,706,590•28 205,499.67 688,825.,82 498,033.71 758,662.79 10,241,139.20 8,191,916.91 2,355,841.,01 13,084,468.,76 4,177,961*41 2,492,467.,56 2,557,903^,43 2,192.544.75 527,013.,50 30,665,955,,70 3,614,465.,16 6,351,499,,43 1,404,990.,70 2,272,849.,75 1,685,142,,05 1,688,700,,56 1,864,194.,32 11,703,954.,08 9,372,852,,12 5,643,546,,36 5,295,245,,00 795,167,►81 6,683,839,,13 1,326,644,►57 799,667,►05 1,262,859.►72 777,541,►77 1,205,018.98 3,754,037.,00 15,652,046.¡76 313,662,¡75 9,647,976.,00 64,754,710.,69 28,713,280J,88 9,369,258.,61 2,578,469.,21 6,575,928.,93 1,617,487.,94 169,020.,92 5,777,731.,85 2,405,081.,46 2,132,438.,23 14,001,361.,07 2,573,001.,95 917,299,,63 15,477,814.94 2,518,157,.09 18,012,911,•15 2,048,477 .98 1,027,196,P62 162,723 2,649,410.99 9,042,407;.94 3,962,647.72 557,280.60 502,497.61 3,592,002.45 2,112,747,.19 2,845,268.15 3,509,226,,72 357,979,,07 200,000,.00 350,000.00 214,893.75 87,974,.73 50,394,,04 95,407.81 5,000,000.00 4,000,000.00 3,000,000.00 1,500,000.00 200,000•00 700,000.00 2,500,000.00 1,500,000.00 1,000,000.00 12,000,000.00 1,000,000.00 750,000.00 100,000.00 50,000.00 50,000.00 135,000.00 50,000.00 28,000.00 12,000,000.00 19,000,000.00 300,000.00 100,000.00 695,000.00 1,250,000.00 800,000.00 1,750,000.00 300,000.00 400,000.00 1,233,174.05 673,432.18 1,300,000.00 700,000•00 150,000.00 150,000.00 1,000,000.00 750,000.00 8,000,0001.00 8,000,000.00 7,000,0001.00 25,000,000.00 Clear Clear1 2,000.00 m 4,500.00 500,0001.00 \ 500,000.00 1,500,000¡•00 2,000,000.00 50,000¡•00 60,000.00 350,000¡.00 350,000*00 50,000¡•00 75,000,00 i A ft nno on 80,00C¡•00 3,462.38 2,4661.27 2,500,000.00 2,500,000¡.00 67,000.00 26,000¡.00 » Clear Cleax 8,000,000¡«00 10,000,000.00 7,000,000.00 12,003,302¡.27 Clear Cleax 400,000.00 130,000¡•00 2,000,000.00 1,000,000¡.00 3,500,000*00 2,500,000¡•00 25,000,00 25,000¡.00 2,000,000.00 750,000>•00 2,000,000.00 500,000>.00 175,000.00 25,000¡.00 3,000,000.00 1,500,000>•00 352,688.46 400,000>.00 75,000>•00 ,90,000.00 5,500,000.00 4,500,000.00 50,000.00 50,000[•00 2,000,000.00 1,225,000>.00 500,000.00 1,000,000.00 Clear w je a i 50,000>•00 40,000.00 700,000.00 800,000>.00 1,600,000.00 25,000>.00 700,000>.00 2,000,000.00 150,000.00 100,000>.00 60,000.00 30,000.00 1,000,000.00 700,000>.00 1,500,000.00 750,000>•00 300,000.00 100,000>.00 3,000,000.00 750,000>.00 78,450>•50 85,000.00 281,758,032,44 381,512,451M 2 83,244,023..99 4 4 0 5 0 8 1 .4 6 1 2,307,438.23 17,001,361.07 2,925,690.41 1,007,299.63 20,977,814.94 2,568,157.09 20,012,911.15 3,048,477.98 J ^ w S 7 |l e v •0 2 202,723.91 3,349,410.99 10,642,407.94 5,962,647.72 707,280.60 I 562,497.61 4,592,002.45 3,612,747.19 3,145,268.15 6,509,226.72 448,979.07 -p bi1ippin r iTfl!flii,:ir y I T otal , ■2~ CONTINUED Districts New Mexico 1st New York 2nd New York 3rd New York 14th New York 21st New York 28th New York North Carolina North Dakota 1st Ohio 10th Ohio 11th Ohio 18th Ohio Oklahoma Oregon 1st Pennsylvania 12th Pennsylvania 23rd Pennsylvania Rhode Island South Carolina South Dakota Tennessee 1st Texas 2nd Texas Utah Vermont Virginia Washington, including Alaska West Virginia Wisconsin Wyoming Philippine Islands TOTAL Deposited Sept. 1-20.1935 Deposi ted Sept. 1-21.1936 $ $ 94,008.77 4,073,245.00 33,610,649.82 22,795,092.05 3,431,997.70 1,227,565,20 4,096,894.37 3,542,115.95 71,579,84 3,999,797.03 1,377,989,40 911,620.07 5,624,189.60 2,064,766,69 540,179.65 11,187,592.77 1,110,101.05 7,080,911.86 1,599,565.15 448,385.10 88,334.56 1,602,742.10 2,300,255.60 2,499,813.73 252,475.87 176,935.55 2,484,069.34 124,414.86 4,516,487,00 42,887,286.19 28,105,125.40 4,658,243.97 1,037,573.63 4,874,001.15 3,436,577.34 90,324.76 4,411,444.67 2,167,597.60 1,012,374.47 7,854,558.82 2,626,813.19 689,513,98 12,875,562.68 1,208,855.60 8,892,823.95 1,960,329.69 417,356.84 117,893,67 1,865,170.54 3,567,938.85 3,089,969.60 345,765,40 290,476.40 2,982,299.99 1,172,332.35 1,176,954.95 2,367,567.93 174,117.52 1,558,882,67 1,447,350,35 2,876,218.08 183,302.34 . $226.352.401.4^ $283.607,585.72 *Hawaii, Report of 9/16/36 used.. 2 TREASURY DEPARTMENT V Washington POR RELEASE, MORNING NEWSPAPERS, TTfcarlripqrijajg--- ¿U»»tOml9ftr""8S, '¿¿13.6, 9-22-36 Press Service ^0. *¿-01 , „ spP^f1! Commissioner Guy T. H elvering of the Bureau of Internal Revenue,^announced income tax collections of $ 2 8 3 , 6 0 7 , 564»»7i?r>for the period ^Saptffirihrrp 1-m i,2 1 1036mM l . f f e , H j l inclusive. In the comparable period of a year ago, iflaptiflarihar ¿?iQ|iu■! indùaM-* sive, income tax collections By collection districts the collections for the two period^ as shown by telegraphic reports from collectors, were as follows: Districts Alabama Arizona Arkansas 1st California 6th California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho 1st Illinois 8th Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland, including Dist. ef Columbia Massachusetts Michigan Minnesota Mississippi 1st Missouri 6th Missouri Montana Nebraska Nevada New Hampshire 1st New Jersey 5th New Jersey 1 ■■ftfi.I93fc f 575,901.07 125,130.05 258,888.55 6,993,669.34 6,277,218.80 1,467,045.44 4,860,237.90 5,307,297.23 1,444,815.15 1,463,150.08 854,563.32 130,986.07 16,575,684.97 1,092,715,36 3,302,729.36 1,020,732.34 756,264.50 1,604,605.83 1,219,233.13 669,179,64 4,986,143.77 9,233,478,65 11,370,482,40 2,500,083.00 157,508.59 4,324,907.58 1,685,777.11 241,413.41 793,588.78 226,596.35 496,866.75 1,438,226.74 9,713,433.64 Deposited Wtfs ^irnt 1 01 jT $ 609,167,34 207,560,09 334,992,42 8,626,390,63 7,690,194,07 1,801,588.86 6,291,813,75 6,236,770.30 2,704,414.04 1,528,569,93 1,556,278,53* 252,525.86 20,636,273.62 1,,585,584,04 4,244,855,92 1,533,278,28 891,698,60 2,273,077,88 1,366,979.02 733,526,50 5,762,965.31 12,398,103,22 18,251,312,35 3,138,243.00 254,961,80 4,213,786.51 1,883,158.10 301,749,31 756,182,39 319,368,33 511,827,48 1,516,473.31 11,021,381.25 TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Tuesday. March 16. 1937.________ 3-15-37. Press Service No* 9~84 Acting Secretary of the Treasury Magill announced last evening that the tenders for two series of Treasury bills, to be dated March 17, 1937, which were offered on March 12, were opened at the Federal Reserve banks on March 15. Tenders were invited for the two series to the aggregate amount of $100,000,000, or thereabouts, and $247,384,000 $100,093,000 was accepted. was applied ior, of which The details of the two series are as follows: 92-DAY TREASURY BILLS, MATURING JUNE 17, 1937. For this series, which was for $50,000,000, or thereabouts, the total amount applied for was $140,722,000, of which $50,081,000 was.accepted, The accepted bids ranged in price from 99.977, equivalent to a rate of 0.090 percent per annum, to 99.946, equivalent to a rate of about 0.211 percent per annum, on.a bank.discount "basis. Only part of the amount bid for at the latter price was accepted. The average price of Treasury bills of this series to be issued is 99.956 and the average rate is about 0.173 percent per annum on a bank discount basis. 273-DAY TREASURY BILLS, MATURING DECEMBER 15, 1937. For this series, which was for $50,000,000, or thereabouts, the total amount applied for was $106,662,000, of which $50,012,000 was accepted. Except for one bid of $20,000, the accepted bids ranged in price from 99.666, equivalent to a rate of about 0.440 percent per annum, to 99.556, equivalent to a rate of aocat 0.585 per 11 cent per annum, on a bank discount basis. latter price was accepted. <1 Only part of the amount bid for at the The average price of Treasury bills of this series to be issued is 99.602 and the average rate is about-0.525 percent per annum on a bank discount basis. ooOoo i i For Thursday AM’s Acting Secretary of the Treasuiy Roswell Magill today made the following comment on the gtu E y ,•&£ ftp. faterà, J^K£. M-i ’’Officia}.s of the Treasuiy are glad to see the conclusion of an agreement which will operate to end the injunction proceed ings affecting an important part of the Social Security program. ’’Congress may find it necessary to modify somewhat the rates set up in the proposed new Carriers’ Taxing Act. Our pre liminary calculations indicate that the proceeds from the proposed tax would fall considerably short of meeting the required payments under the proposed Retirement Act.” -00Q0— TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Thursday, March 18, 1957. 3-17-37. Pre-ss Service No. 9-86 Actiug Secretary of the Treasury Roswell Magill today made the following comment on the report of an agreement between representatives of the railroads and of the railroad employees upon a plan for retire ment allowances to be supported by a separate taxing act: "Officials of the Treasury are glad to see the conclusion of an agreement which will operate to end the injunction proceedings affecting an important part of the Social Security program. "Congress may find it necessary to modify somewhat the rates set up in the proposed new Carriers’ Taxing Act, Our preliminary calculations indicate that the proceeds from the proposed tax would fall considerably short of meeting the required payments under the proposed Retirement Act," ooOoo F o r m 7104—Revised October 1929 TREASURY DEPA R T M EN T B ureau or I nternal R evenue A ccounts and C ollections U nit ' 2*1^ 'T g jiftly ftk llili'« ''1'''1 ^ 1 1 7 . ... * —— ---------------------------------------------------- 1Q INTERNAL-REVENUE COLLECTIONS FROM— laooaa Tut KutioatiiS D IS T R IC T S fet&l $ Alabama, 1*253*283.4 42 !; 784*198. 03 Arizona, Arkansas, 1st California, 6th California, Colorado, Connecticut, Delaware, Florida, Georgia, Plawaii, Idaho, 1st Illinois, 8th Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, 1st Missouri, 6th Missouri, Montana, Nebraska, Nevada, New Hampshire, 1st New Jersey, 5th New Jersey, . 4.000,000.00 5*000*000.00 00*000.00 500*000.00 26*786*348« 29 5*232*709. 65 «•320,139. 54 2*290,928« 24 690*083.^ 36 800*000.00 SOdOOO.OG 200J000.00 2,000.00 82*000.00 1*225*864^8 18*563*598421 14*610*226.88 4*168*659.06 16*077*414.56 17*286*343.19 6*732*709.63 4*520*239.64 2*292*928.24 742*033.36 46*722*912. 20 4.364.441. 09 9*238*608.005 3*104*000. 00 3 , 000, 000.00 49*^2*912.20 60*000.00 500*000*00 360*000^00 4,614,441.09 100,000.00 602,267,39 4t020.223.60 4*272*477.62 2*967*739» 37 2,£46,964. 53 1,000.000.00 C le ar -.1 3,967,739.37 72,246,964.68 13,9 44,16 6, 89 13,339,618 . 27 23,603,419, 38 7*465*445» 00 2*081,818« 55 9*425*224. 06 3,090*129. 02 957*364. 74 2*091*070« 23 864*940» 35 C le a r \ 4*000*000.00 15*000*000.00 C lear 25,944,166.89 l ¿441,724* 96 I f j 18*416,202. m " in» r^T ¡28 150.00 260,000,00 600*000.00 26,000,00 100*000.00 45*350.00 2 0 ,0 0 0 .0 b £80,02 1*500*000.00 Ï&^ÙÙÙJÛÙ 1st New York, 11*060,000. 00 260,000^00 2d New York, 87*290*474» 34 42*078*009. 84 21*755*692* 80 3*245,414. 67 1 ,0 0 0 ,0 0 0 * 0 0 5*000*000.00 1 1 0 * 00^ .00 9*674*142. 02 i*ooo»cxp,oo 3d New York, 14th New York, 21st New York, 28th New York, North Carolina, North Dakota, 6,820*001. 52 222 ,683 « m 26O*0C^»OO ?60*0f0.00 10,000*00 1st Ohio, 7*221*358. 25 1,000*000.00 I 10th Ohio, 4*470*305» 66 600*000.00 11th Ohio, 18th Ohio, Oklahoma, Oregon, 1st Pennsylvania, 12th Pennsylvania, 23d Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, 1st Texas, 2d Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, Philippine Islands, T otal, 2*553*185.41 812*378.45 1*225.864»158 14*563*598«; 22 11*510*226. 88 3*868*659« 06 15*577*424. i 36 2*920*223.J60 ! 5*670*209. 93 , Kansas, N pw Mivjnr.n. 300*000.00 28*280.42 ..J oi«&r 9*738*808.05 3*484*000.00 17*359*813.27 53*802*429.38 7,485*445.00 1*052*965.65 9*673*224.06 3*590*129.02 982,364.74 2*191,070*13 930*290.33 1,461*724.96 4,373*757.25 29,918*202.05 440*657.25 11,310.000,00 58*290*474*34 45*078*Od9.84 11*865*692.80 3*495*414*67 10*674*142.02 8,576,001.51 232,663.99 8*222*558.26 5*070*505.66 2*741*248.94 16,087,209.84 4,456*608.72 2*596*248* 16,687,209. 3*812,173. 1,3 4 4 ,7 3 7 . 18*339*021« 5*276*674« 23*057*961« 94 84 13 07 49 29 64 3,439*274« 1*312*333« 228*929« 3*947*437. 10*134 4,968*967. 66 73 33 47 99 92 500^000.00 4,380,274.65 1,32^*633.73 250,114.42 3*9474437.47 10*634*228.99 1*00O|OO0.O0 5*968*56?,92 987*142* 724*607. 6*361*608. 3,476*373. 3*545,069. 7*172*193« 391*445« 68 94 00 29 18 09 97 30*000.00 0 l*4 r 600,000.00 730*000.00 25«0Od«OG 2*800*000.00 128*111.00 2*027*^42.58 724,^07.94 6,961,608.00 4*225*3^3.29 3*571,069.18 9,972,193*09 514*566.97 554,948*542. 60 »595*930,41 610*544*472.01 143*0^0.00’ 300,000.00 644*4f8*59 130*000.00 2*800*000*00 1*494,737.67 22 *€^9*622.49 3*306*674.29 25*607*981.64 Cjldkr \ r Commissioner o f In tern al Eevenue fuy T. Helvering today announced income tax c o lle c tio n s o f $554,948,541.60 deposited "by c o lle c to r s fo r the period March 1 - 1 7 , 1937, in c lu s iv e . Only seven of the sm aller d i s t r ic t s had completed th e ir opening and ta b u latio n of mail returns la s t n ig h t, with the remainder hoping to have f in a l fig u re s by the end of the week. By c o lle c t io n d i s t r i c t s , the d eposits made by the c o lle c t o r s , as shown by telegrap h ic rep o rts to the Commissioner, were as fo llo w s: TREASURY DEPARTMENT Washington FOR IMMEDIATE RELEASE, Thursday, March 18, 1937. Press Service No. 9-87 Commissioner of Internal Revenue Guy T. Helvering today announced income tax collections of $554,948,541.60 deposited “ by Collectors for the period March 1— 17, 1937, inclusive. Only seven of the smaller districts had completed their opening and tabulation of mail returns last night, with the remainder .hoping to have final figures by the end of the week. By collection districts, the deposits made by the Collectors, as shown by telegraphic reports tc the Commissioner, werexas follows: Districts Deposited Alabama Arizona Arkansas 1st California 6th California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho 1st Illinois 8th Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi 1st Missouri 6th Missouri Montana Nebraska Nevada New Hampshire 1st New Jersey March 1-17, 1937 $ 1,253,183.41 784,198.03 1,225,864.38 14,563,598.21 11.510.226.88 3,868,659.06 15,577;414.36 16.786.348.19 5.232.709.63 4.320.139.54 2,290,918.24 690,083136 46.722.912.20 4,364,441.09 9.238.808.05 3,104,000.00 2,910,223.60 3,670,209,93 2,967,739.37 2,246,954.58 15.944.156.89 13,359,513.27 23,802,419.38 7,485,445.00 1.051.815.55 9.425.124.06 3,090,129.02 957,364.74 2,091,070.13 884,940.33 1,441,724.96 4.373.506.63 Continued 5th New Jersey New Mexico 1st New York 2d New York 3d New York 14th New York 21st New York 28th New York North Carolina North Dakota 1st Ohio 10th Ohio 11th Ohio 18th Ohio Oklahoma Oregon 1st Pennsylvania 12th Pennsylvania 23d Pennsylvania Rhode Island South Carolina South Dakota Tennessee 1st Texas 2nd Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming TOTAL 00O00 $8, 416, 202 ►05 428, 657 25 11, 060, 000 00 87, 290, 474 34 42, 078, 009 ,84 11, 755, 692 ,80 3, 245, 414 ,67 9, 674, 142 ,02 5, 826, 001 ,51 221, 683 99 7, 221, 558 26 4, 470, 505 66 2, 596, 248' 94 16, 687, 209 84 3, 812, 173 13 1, 344, 737 67 18, 559, 621 49 3, 276, 574 29 23, 057, 981 64 3, 439, 274 65 1, 312, 533 ►73 228, 929 33 3, 947, 437 47 10, 134, 226, 99 4, 968, 967, 92 987, 142, 58 724, 607. 94 361, 608, 00 6, 373, 475, 29 3, 18 069, 546, 3, 172, 193, 09 V, 391, 445. 97 $554, 948, 541, 60 the HM6bile City” of the Isthmian lin e, a subsidiary of the United States Steel Corporation, a half hour before its scheduled departure for the Atlantic Coast by way of Ilo and Manilla. Marks on these tins were identical to those observed on containers seized March 6W * aboard the freighter M Taybank” at Hew York, leading agents to believe that the attempted shipments may have been connected with a single international conspiracy. -cs- FOR RELEASE, MORNING NEWSPAPERS Sunday, Maroh 21, 1937________ March 19, 1937. International collaboration in the suppression of narcotics reached its peak this month, Treasury officials were advised today, with three large seizures of opium resulting from information supplied by thej^fstoms Agency Service, A half million dollar|l seizure was made in New York Harbor March after a Customs imfestigationggiBrtiii in this country and the Orient, In the next( 11 days Customs agents abroad were able to improve their operations to the point where seizures were made by foreign police prior to shipment to this country rather than at the time of attempted delivery here, , -v ^ On March Deputy Commissioner Thomas J, Gorman, who is * in charge of the Customs Agency Service, i*oop are d ■■wo»4*4^ ra»^n»™of h is...5bj.r,r>p^.n,n t.hflt Qfi /hr inVfl of opium, intended for shipment on the American liner “Quaker City“ had been fopnd by the /<****» police of Hamburg, Germapy^ ¿inee then" thé four Greek smugglers arrested at the time have been sentenced to two years imprisonment each. On March 15101 British police at Hong Kong arrested a Chinese seaman aboard the Blue Funnel Line’s steamer “Ixion“ and seized 500 tins of opium destined for Seattle, The latest foreign seizure inspired by United States Customs agents to cut down attempted smuggling at American ports was reported . from Shanghai March 171^, Three hundred tins of opium were taken frcufe TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS Sunday, March 21, 1937________ 3/19/37. Press Release No. 9-88 International collaboration in the suppression of narcotics reached its peak this month, Treasury officials were advised today, with three large seizures of opium by foreign governments resulting from information supplied by the United States Customs Service. A half million dollar seizure was made in New York Harbor March 6 after a Customs investigation in this country and the Orient. In the next eleven days Customs agents abroad were able to improve their operations to the point where seizures were made by foreign police prior to shipment to this country rather than at the time of attempted delivery here. On March 7 it was reported to Deputy Commissioner Thomas J. German, who is in charge of the Customs Agency Service, that sixteen bricks of opium, in tended for shipment on the American liner ’’Quaker City,” had been found by the police cf Hamburg,.. Germany, as the result of information supplied by his agents* Since then the four Greek smugglers arrested at the time have been sentenced to two years imprisonment each. On March 15 British police at Hong Kong arrested a Chinese seaman aboard the Blue Funnel Line's steamer "Ixicn” and seized 500 tins of opium destined for Seattle. The latest foreign seizure inspired by United States Customs agents to cut down attempted smuggling at American ports was reported from Shanghai March 17. Three hundred tins cf opium were taken by local police from the "Mobile City” of the Isthmian Line, a subsidiary of the United States Steel Corporation, a half heur before its scheduled departure for the Atlantic Coast by way cf Iloilo and Manila. Marks on these tins were identical to those observed on containers seized March 6 aboard the freighter "Taybank” at New York, leading agents to be lieve that the attempted shipments may have been connected with a single inter national conspiracy. ._ fm à M M Î DSPifiSKSMT Washington Fr«** Service t m I8L3&38, » S I M § fawtoy, Harsh fôt 1937. im/$* Acting Secretary of tí» Treasury Magill announced last «▼«Blag that the tender« far tra sari»« of Treasury hills, to ht dated March 84f 1937, which wort offered on March It, wort optata at tha Federal Reserve banks ©a Harth 88. Tenders mart invitad for tha two strias to tha aggregata «nouât of #100,000,000 or thereabouts, and 1188,488,000 was applied for, of which #100,107,000 «as accepted, Tha details of the two sarlas ara as followsj g&-s&Y m m m m m im * w^mmm m m i f . ios? lor this strias, which was for 130,000,000, or thereabouts, the total amount applied for was #08,440,000, of whiah 130,080,000 was accepted. Except for oas bid of #100,000, tho aoeepted bids ranged in priee from 99.970, equivalent to a rats of about 0.187 partent par annum, to 99.843, equivalent to a rato of about 8.378 per^ !' sent per annum, os a bash discount basis. Only part of tho «»mit bid for at the latter price was accepted. The average pries of Treasury bills of this serios to «\> be Issued is 99.894 sad the average rate is about 0*440 percent per asso» m a bash discount bacia. 8V&4&T TREàgPRT HUXS. j&TOtlS® PlOmUIR 88. 1937 for this series, which m s for #30,000,000, or thereabouts, the total mount applied for was #99,788,000, of which #30,177,000 was accepted. Tbs accepted bids ranged äs pries freie 99.444, equivalent to s rate of about 0.448 percent per annua, to 99.409, équivalent to a rate of about 0*779 percent por asmas, os a bank die- | count basis. Tho average price of Treasury bills of this series to be issued is 99.441 sad tie average rate is about 0.711 percent per annum on a bank discount basis. i\ r**t\ \ TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS, Tuesday, March 23^ 1937.______ 3/22/37. Press Release No. 9~89 Acting Secretary of the Treasury Magill announced last evening that the tenders for two series of Treasury hills, to he dated March 24, 1937, which were offered on March 19, were opened at the Federal Reserve hanks on March 22. Tenders were invited for the two series to the aggregate amount of $100,000,000, or thereabouts, and $188,422,000 was applied for, of which $100,197,000 was accepted. The details of the two series are as follows: 85-DAY' TREASURY BILLS, MATURING JUNE 17, 1937 For this series, which was for $50,000,000, or thereabouts, the total amount applied for was $88,640,000, of which $50,020,000 was accepted. Except for one hid of $100,000, the accepted bids ranged in price from 99.970, equivalent to a rate of about 0.127 percent per annum, to 99.865, equivalent to a rate of about basis. 0.572 percentper annum, on a bank discount Only part of the amount bid for at the latter price was accepted. The average price of Treasury bills of this series to be issued is 99.896 and the average ra,te is about 0.440 percent per annum on a bank discount basis. 273-DAY TREASURY BILLS. MATURING DECEMBER 22, 1937 For this series, which m s for $50,000,000, or thereabouts, the total amount applied f o r was $99,782,000, of which $50,177,000 was accepted* The accepted bids ranged in price from 99.666, equivalent to a rate of about 0.440 percent per annum, to 99.409, equivalent to a rate of about 0.779 percent per annum, on a bank discount basis. The average price of Treasury bills of this series to be issued is 99.461 and the average rate is about 0.711 percent per annum on a bank discount basis. -ooOoO' Further adjustments in the lif e - s a v in g work o f th e New York and N orfolk d iv isio n s of the United States Coast Guard to meet modern conditions were ordered today by th e Commandant, Rear Admiral R, R. Waesche© 1*1 a six-month program aimed a t g re ate r p ro te ctio n to the maritime p u b lic , th ir te e n s ta tio n s in th e same A tla n tic coast d iv is io n s were ordered th re e weeks ago to prepare fo r sa in a c tiv e s ta tu s . Today’ s orders c a l l fo r th e decommissioning of twenty-one sta tio n s and the recommissioning o f one now in a c tiv e — the Cold Spring s ta tio n a t Cape May Harbor, N. J • S tation s on Long Islan d whose men and equipment w i l l be tra n sfe rre d t o ^ w * 4 w ime complements of nearby s ta tio n s are? Smiths Point Blue Point Lone ¡¿ssraEfc H ill Point o f Woods Oak Island Beach Ordered placed in an in a c tiv e s ta tu s along th e Jersey coast are th e fo llo w in g sta tio n s? Sea Bright Long Branch Deal Bayhead Montoloking Island Beach Harvey Cedars L i t t l e Beach Absecon Pecks Beach Sea I s le C ity Avalon Wildwood Cape May P o|» t In the N orfolk d iv is io n , Cape Henlopen and Wachapreague I ordered j sta tio n s have been added to eig h t previo\isly/jdecomissioned. Admiral Waesche, in is su in g th e orders to the d iv is io n commanders, r e ite r a te d th at marked in crease in the use of motor boats ----- N and M b * radio fc r d is tr e s s work had reduced the need fo r a c lo s e ly -k n it lin e o f sta tio n s along the coast but req u ires more men and equipment at those s ta tio n s remaining in op eration . 000O 000 TREASURY DEPARTMENT Washington FOR RELEASE, AFTERNOON NEWSPAPERS, Wednesday. March 24.- 1937. 3-23-37. ; Press Service No• 9-90 Further adjustments in the life-saving work of the New York and Norfolk divisions of the United States Coast Guard to meet modern conditions were ordered today by the Commandant, Rear Admiral R.R. Waesche# In a six—month program aimed at greater protection to the maritime public, thirteen stations in the same Atlantic coast divisions were ordered three weeks ago to prepare for an inactive status. Today's orders call for the decommission ing of twenty—one stations and the recommissioning of one now inactive — the Cold Spring station at Cape May Harbor, N.J. Stations on Long Island whose men and equipment will be transferred to strengthen the complements of nearby stations are;• Smiths Point Blue Point Lone Hill Point of Woods Oak Island Beach Ordered placed in an inactive status along the Jersey coast are the following stations; Sea Bright Long Branch Deal Bayhead Mcntoloking Island Beach Harvey Cedars Little Beach Absecon Pecks Beach Sea Isle City Avalon Wildwood Cape May Point In the Norfolk division , Cape Henlopen and Wachapreague stations have been added to eight previously ordered decommissioned. Admiral Waesche, in issuing the orders to the division commanders, reiter^ afc®d that marked increase in the use of motor boafrs and radio for distress work had reduced the need for a closely-knit line of stations along the coast,but requires more men and equipment at those stations remaining in operation#* t ooOoo 5 F t .W a yn e, In d * P o st O ffic e 1889 H a gersto w n ,M d * P o st O ffic e 1910 L e x d jn g to n ,K y * P o st O ffic e 18 8 9 S h e b o y g a n ,W is * P o st O ffic e 18 9 5 W ilm in g t o n ,D e l* P o st O ffic e 18 9 7 M iam i F l a . , P o st O ffic e 1914 C o lu m b ia ,M o * P o st O ffic e 1906 N o te t o c o r r e s p o n d e n ts ti.^ ^ (a /- The p r o p e r t i e s ^ a l r e a d y a d v e r t i s e d iM tasm sn&gr i n c l u d e : B e a u m o n t,D a lla s and W a c o ,T e x a s ; D e c a t u r , 1 1 1 . ; A m e s , l a . ; L im a ,0 . M ia m i ,F la 0; O a k l a n d , C a l . ; C o lu m b ia ,M o .; N e w a r k ,N .J .; P u tn a m ,C o n n .* and S p r i n g f i e l d , M a s s * D e t a ile d % in fo r m a tio n r e g a r d in g an y o f th e s e p r o p e r t ie s may b e h ad a t Room N o . 485 P ro c u re m e n t B u i l d i n g , o r D1 s i o 320* ooooooo 5 7 0 0 ,e x t e n - 4 North Carolina Gastonia Post Office 1916 Greensboro Post Office 1887 H i g h Point Post Office 1912 Louisiana Alexandria Post Office 1906 Monroe Post Office 1892 Altoona Post Office 1902 Erie Post Office 1887 Post Office 1905 Post Office 1896 Pennsylvania New Jersey Atlantic City Newark Mass , Lynn Post Office 1898 Springfield Site only 1901 Wise. Appleton Post Office 1912 Oshkosh Post Office 1890 Minn, Rochester Post Office 1912 St.Paul Court House 1873 Oakland Post Office 1903 Santa Barbara Post Office 1914 Columbus,Ga Post Office 1896 Clarksburg,W.Va Post Office 1888 Danville,Va0 Post Office 1883 P t .S c o t t , K a n s Post Office 1890 California New York Amsterdam i Binghamton Post Office 1911 Post Office 1891 New Burgh Post Office 1898 Rome Post Office 1904 Bridgeport Post Office 1892 New London Post Office 1898 Putnam Unused Torrington Connecticut site 1911 Post Office 1910 Galveston Post Office 1891 Waco Post Office 1885 Dallas Post Office 1888 Beaumont Post Office 1902 Huntsville Post Office 1890 Mobile Court House 1856 Texas Alabama Birmingham Post Office Site Iowa Dubuque Post Office 1866 Sioux City Post Office 1897 Ames Post Office 1912 Jackson Post Office 1895 Lansing Post Office 1894 Flint Post Office 1909 Michigan p o l i t i c a l s u b d iv is io n s purchase iaxct p ro p erty from the government under th ese circu m stan ces, t i t l e p u rch aser, o n ly so lon g as i t to the p ro p erty remains w ith the i s used fo r p u b lic purposes* T i t l e to th e p ro p erty r e v e r t s to the fe d e r a l government as soon as the p ro p erty i s no lon ger asKdxlayziiha h eld fo r p u b lic u se 0 P r o p e rtie s now o ffe re d fo r s a le are lo c a te d in 27 s t a t e s and rep resen t an o u tla y o f approxim ately $11,000,000* The new str u ctu re s which supplanted th e se surplus b u ild in g s were e re c te d a t a co s t o f approxim ately $45,000,000* The o ld e s t p ro p erty o ffe r e d fo r s a le in t h i s group i s the fe d e r a l iaxajfcedZKfcx o ld /c o u rt house a t M o b ile ,A la * , e re cte d in 1856 a t a co st o f $410,00 0.I t was supplanted in 1935* *—* The b u ild in g s are lo c a te d as fo llo w s : \ 22±ix0±a$z£ia0m±Hg£0ii$x&iS3jtz&£:£±£0$z&b±zxgBZx I Use E rected in Post O f f i c e 1896 A p praisers S tores 1891 Galesburg Post O ffic e 1894 Moline Post O ffic e 1910 Waukegan Post O ffic e 1914 Decatur Post O f fic e 1908 Akron Post O f fic e 1899 Hamilton Post O ffic e 1909 S p r in g fie ld Post O f fic e 1890 Warren Post O ffic e 1910 Lima Post O f fic e 1895 Illin o is Bloomington Chicago Ohio m o r e More than 50 federal properties were offered for sale today by the Procurement Division of the Treasury Department«Practically all of the buildings and sites to be sold have been supplanted by new structures erected under the Emergency Construction Programs author ized by the Congress in 1934-35-36* The buildings have been declared surplus by federal agencies which formerly occupied them, but many of them are now occupied by city,county and state xwltwft agencies, Occupants of all the buildings are required to vacate upon 30 day notice« While legal advertisements have not yet been published as required by law, the Real Estate section of the Procurement Division has had local custodians place placards on the buildings offering them for sale« As soon as interest warrants, action will be taken by the division ,advertising the buildings for sale and calling for bids to be opened on certain dates« While the federal government hopes to realize several millions of dollars from the sale of these properties, it was pointed out that their sale will also mean an increased tax topliERjui return for municipalities and other political subdivisions, as thexn government holds the properties tax free, even in cases where the buildings or the land have been rented or leased to private individuals or cor porations# of the law which provides that the Secretary of the Treasury may accept a minimum of 50 percent of the appraised value of the property* although this is not mandatory« In cases where cities or other r* ' TREASURY DEPARTMENT (Procurement Division) Washington FOR RELEASE, MORNING NEWSPAPERS, Friday. March 26« 1937. , ______ 3-24-37. Press Service No. 9—91 More than 50 federal properties were offered for sale today by the Procurement Division of the Treasury Department. Practically all of the buildings and sites to he sold have been supplanted by new structures erected under the Emergency Construction Programs authorized by the Congress in 1934-35-36. The buildings have been declared surplus by federal agencies which formerly occupied them, but many of them are now occupied by city, county and state agencies Occupants of all the buildings are required to vacate upon 30 days notice* While legal advertisements have not yet been published as required by law, the Real Estate section of the Procurement Division has had local custodians place placards on the buildings offering them for sale. As soon as interest warrants, action will be taken by the division, advertis ing the buildings for sale and calling for bids to be opened on certain dates. While the federal government hopes to realize several millions of dollars from the sale of these properties, it was pointed cut that their sale will also mean an increased tax return for municipalities and ether political subdivisions, as the government holds the properties tax free, even in cases where.the build ings or the land have been rented or leased to private individuals or corporations* In many instances cities are taking advantage of the law which provides that the Secretary cf the Treasury may accept a minimum cf 50 percent of the appraised value cf the property, although this is not mandatory. In cases where cities cr other political subdivisions purchase property from the government under these circumstances, title to the property remains with the purchaser, only sc long as it is used for public purposes. Title to the property reverts to the federal government as soon as the property is no longer held for public use, Properties new offered for sale are located in 27 states and represent an outlay cf approximately $11,000,000, The new structures which supplanted these >2surplus "buildings were erected at a cost cf approximately $45,000,000. The eldest property offered fer sale in this group is the old Federal Court House at Mobile, Alabama, erected in 1856 at a cost cf $410,000, It was supplanted in 1935. The buildings are located as follows! ILLINOIS USE ERECTED IN Bloomington Post Office 1896 Chicago Galesburg Appraisers Stores Post Office 1891 1894 Meline Pest Office Waukegan Decatur USE TEXAS. ERECTED Galveston Pest Office 1891 Waco Post Office 1885 Dallas Pest Office 1888 1910 Beaumont Post Office 1902 Post Office 1914 .ALABAMA Post Office 1908 Huntsville Pest Office 1890 Mobile Court House 1856 Post Office Site OHIO Akron Pest Office 1899 Birmingham Hamilton Post Office 1909 IOWA Springfield Pest Office 1890 Dubuque Post Office 1866 Warren Post Office 1910 Sioux City Post Office 1897 Lima Post Office 1895 Ames Post Office 1912 MICHIGAN NEW YORK Amsterdam Pest Office 1911 Jackson Post Office 1895 Binghamton Pest Office 1891 Lansing Post Office 1894 Newburgh Post Office 1898 Flint Pest Office 1909 Rome Post Office 1904 NORTH CAROLINA CONNECTICUT Gastonia Post Office 1916 Bridgeport Post Office 1892 Greensboro Post Office 1887 New London Pest Office 1898 High Point Post Office 1912 Putnam Unused site 1911 LOUISIANA Tcrringtcn Post Office 1910 Alexandria Pest Office 1906 Monroe Pest Office 1892 PENNSYLVANIA USE ERECTED IN INDIANA Altoona Post Office 1902 Ft. WayAe Erie Post Office 1887 MARYLAND Hagerstown NEW JERSEY Atlantic City Post Office 1905 KENTUCKY Nev/ark Pest Office 1896 Lexington USE ERECTED IN Pest Office 1889 Pest Office 1910 Post Office 1889 Pest Office 1895 Post Office 1897 Post Office 1914 Pest Office 1906 WISCONSIN MASSACHUSETTS Lynn Post Office 1898 Sheboygan Springfield Site only 1901 DELAWARE Wilmington WISCONSIN Appleton Pest Office 1912 FLORIDA Oshkosh Post Office 1890 Miami MISSOURI MINNESOTA Rochester Post Office 1912 St. Paul Court House 1873 Oakland Post Office 1903 Santa Barbara Pest Office 1914 Columbus Pest Office 1896 Pest Office 1888 Post Office 1883 Columbia CALIFORNIA W. VIRGINIA Clarksburg VIRGINIA Danville KANSAS Ft. ScGtt Post Office 1890 Note tc correspondents; The properties in the above list already advertised include: Beaumont, Dallas and Waco, Texas; Decatur, 111.; Ames, Iowa; Lima, Ohio; Miami, Fla.; Oakland, Calif. Cclumhia, Mo,; Newark, N.J,; Putnam, Conn, and Springfield, Mass, Detailed information regarding any of these properties may he had at Room 485,. Procurement Building, or District 5700, extension 320,. ccOco TSMsmr m m m m Wàshington fc» wimass,m w-mm Service Tueaday, March 30. 1937* 1 ^ X 3 /29/37 Secretary of thè Treasury Morgenthau announoed last evening that thè tenderà f«r tuo series of Treasury bilis, te be datad March 31» 1937# which vara oftarad on March 26, vara opened at thè Federai Reserve banks on March 29. Tendera vare invitad far thè tvo serles to thè aggregata amount of #100,000,000, or thè rea bouta, and #301,789,000 vas applica for, of vhleh #100,137,000 vas accepted. The detalle of thè tvo series are as follava: 79-aay m u m m bxujs, igirotim jggns la. 1937 for this serles, whioh vas for #30,000,000» or thereabouts, thè total amount applied for va» #182,343,000, of which #30,193,000 «ss accepted* Sseept for one bid of #85,000, thè accepted bidè ranged in prie e fresa 99.930, equiv&lent to a rate of about 0.519 percent per anima, to 99.393, equiralent to a rate of about 0.465 percent per anima, on a bank discount bacie. for at thè lattar prie# vas accepted. Only part of thè amount bld The averege prie# of Treasury bilis of Ibis series to be issued ls 99.901 and thè aterage rate is about 0.430 percent per annua on a bank discount basls. 8 7 3 y M T TK&àSUinr BILLS. MàTORIKG VmW!®m 89. 1937 Ibr this serles, vhlch vas for #30,000,000, or thereabouts» thè total amount applied for vas #178,883,000, of which #80,004,000 vas accepted. Igeept for one bld of #95,000, thè accepted bidè ranged in prlee froa 99.559, equivalent to a rate of about 0.587 percent per annua, to 99.498, etuivalent to a rate of about 0.670 percent per annua, on a bank discount basls. for at tho lattar prlee va* accepted. Only part of tho amount bld The average prlee of Treasury bilis of this series to be issued le 99.318 and thè average rate le 0*643 percent per annua on a bank discount basls TREASURY DEPARTMENT Washington EOR RELEASE, MORNING NEWSPAPERS, Tuesday, March 30, 1937,_______ 3-29-37. Press Service No. 9-92 Secretary of the Treasury Morgenthau announced last evening that the tenders for two series of Treasury hills, to he dated March 31, 1937, which were offered on March 26, were opened at the Eederal Reserve hanks on March 29. Tenders were invited for the two series to the aggregate amount of $100,000,000, or thereabouts, and $301,729,000 was applied for, of which $100,157,000 was accepted. The details of the two series are as follows: 79-DAY TREASURY BILLS. MATURING JUNE 18. 1937. Eor this series, which was for $50,000,000, or thereabouts, the total amount applied for was $122,646,000, of which $50,153,000 was accepted. Except for one hid of $25,000,.the accepted bids ranged in price from 99.930, equivalent to a rate of about 0,319 percent per annum, to 99.898, equivalent to a rate of about 0.465 percent per annum, on a bank discount basis. for at the latter price was accepted. Only part of the amount bid The average price of Treasury bills of this series to be issued is 99,901 and the average rate is about 0.450 percent per annum on a bank discount basis. 275-DAY TREASURY BILLS. MATURING DECEMBER 29, 1937 Eor this series, which was for $50,000,000, or thereabouts, the total amount applied for was $178,883,000, of which $50,004,000 was accepted. Except for one bid of $95,000, the accepted bids ranged in price from 99.555, equivalent to a rate of about 0.587 percent per annum, to 99.492, equivalent to a rate of about 0.670 percent per annum, on a bank discount basis. for at the"latter price was accepted. Only part of the amount bid The average price of Treasury bills of this series to be issued is 99,512 and the average rate is 0,643 percent per annum on a bank discount basis. ooOoo Treasury Department Bureau of Internal Revenue Washington f Commissioner of Internal Revenue Guy T. Helvering stated today that the Bureau of internal Revenue has received complaints concerning the wrongful activity of persons in some western localities in seeking to induce producers of hogs and consumers of different articles to file claims for refunds of processing tax imposed during the effective period of the Agricultural Adjustment Act* According to these complaints, farmers were erroneously told they could make claims for amounts which buyers of live hogs deducted from the farmers selling price as "processing tax". Likewise many consumers who bought articles processed from commodities which were subject to the process ing tax were misled into thinking they could make similar claims* Commissioner Helvering aw-empha%.zed statements previously issued by the Bureau that a refund of taxes imposed under the Agricultural Adjust ment Act may be allowed only to a person who actually paid such taxes to the Government,through CollectorS/kf Internal Revenue. No authority exists under the law by which a refund may be made to farmers of amounts equivalent to the tax which may have been deducted by hog buyers from the sales prices of hogs. Existing law does not provide for payments to be made to consumers in amounts equal to the processing tax upon articles purchased,even though persons who sold the articles attributed part of the selling price to a tax -o TREASURY DEPARTMENT Bureau of Internal Revenue?Washington POR RELEASE, MORNING NEWSPAPERS, Wednesday, March 31, 1937j______ 3-30-37. Press Service No 9-93 . Qommissioner of Internal Revenue Guy T. Helvering stated today that the Bureau of Internal Revenue has received complaints concerning the wrongful activity of persons in some v/estern localities in seeking to induce producers of hogs and consumers of different articles to file claims for refunds pf processing tax imposed during the effective period of the Agricultural Adjust ment Act,. According to these complaints, farmers were erroneously told they could make claims for amounts which buyers of live hogs deducted from the farmers selling price as "processing tax0.. Likewise many consumers who bought articles processed from commodities which were subject to the processing tax were misled into thinking they could make similar claims. Commissioner Helvering emphasized statements previously issued by the Bureau that a refund of taxed imposed under the Agricultural Adjustment Act may be allowed only to a person who actually paid such taxes to the Government,, through Collectors of Internal Revenue- No authority exists under the law by which a refund may be made to farmers of amounts equivalent to the.tax which may have been deducted by hog buyers from the sales prices of hogs» Existing law does not provide for payments to be made to consumers in amounts equal to the processing tax upon articles purchased, even though persons who sold the articles attributed part of the selling price to a tax imposed under the Agricultural Adjustment Act, or billed an amount as "processing tax". 00O 00 - 4- Tennessee Department of Publie Health: W.C.Williams, M.D., C.P.H., commissioner, Nashville Texas State Department of Health: George W.Cox, M.D., State health officer,- Austin Utah State Board of Health: J.Le Jones, M.D., Dr. P.E., State health commissioner, Salt Lake City Vermont Department of Public Health: Charles F.Dalton, M.D., secretary, State hoard of health, Burlington Virginia Department of Health: I.C.Riggin, M.D., State health commissioner, Richmond Washington State Department of Health: E.R.Coffey, M.D., director, Seattle West Virginia Department of Health: Arthur E.McClue, M.D«, commissioner of health, Charleston Wisconsin State Board of Health: C.A.Harper, M.D., State health officer, Madison Wyoming Department of Public Health: G-.M.Anderson, M.D., State health officer, Cheyenne^ New Hampshire State Board of Healths T.P.Burroughs, M.D.» secretary, State hoard of health, Concord > I New Jersey Department of Healths J.Lynn Maliaffey, M.D., director of health, Trenton New Mexico Bureau of Public Healths A J.Resslyn Earp, Dr.P.H., director of public health, Santa Fe New York State Department of Healths I .Edward S.Godfrey, Jr. , M.D., State commissioner of health, Albany North Carolina State Board of Healths Carl V.Reynolds, M.D., secretary-treasurer and State health officer, Raleig N0rth Dakota Department of Public Healths Maysil M.Williams, M.D., C.P.H., State health officer, Bismarck Ohio Department of Healths Walter H.Eartung, M.D., director of health, Columbus Oklahoma Department of Public Healths Charles M.Pearce, M.D., State health commissioner, Oklahoma City Oregon State Board of Healths Frederick D.Strieker, M.D., secretary and State health officer, Portland Pennsylvania Department of Healths Edith MacBride-Dexter, M.D., secretary of health, Harrisburg Puerto Rico Department of Healths E. Carrido Morales, M.D., Dr. P.H., commissioner of health, San Juan Rhode Island Department of Public Healths Edward A. McLaughlin, M.D., director of public health and State regis trar, Providence South Carolina State Board of Health: James A.Eayne, M.D., State health officer, Columbia South Dakota State Board of Healths Park B.Jenkins, M.D., superintendent, Pierre i _ 2 Indiana Department of Commerce and Industry, Division of Public Health: Terne K. Harvey, M.D., C.P.H., director, Indianapolis Iowa State Department of Health: Walter L. Bierring, M.D., commissioner of health, Des Moines Kansas State Board of Health: Earle G.Brown, M.D., Secretary State hoard of health, Topeka Kentucky State Department of Health: A.T.McCormack, M.D., D.P.H., State health commissioner, Louisville Louisiana Department of Health: J.A.O’Hara, M.D., president, State hoard of health, Hew Orleans Maine Department of Health and Welfare: George H.Coomhs, M.D., director, Augusta Maryland Department of Health: Robert H.Riley, M.D., Dr. P.H., director of health, Baltimore Massachusetts Department of Public Health: Henry D.Chadwick, M.D., State Commissioner of public health, Boston Michigan Department of Health: C.C.Slemons, M.D., State health commissioner, Lansing Minnesota Department of Health: A.J.Chesley, M.D., secretary and executive officer, St. Paul Mississippi State Board of Health: Felix J.Underwood, M.D., secretary, State hoard of health, Jackson Missouri State Board of Health: E.T.Mcfeugh, B.L., M.D., State health commissioner, Jefferson City Montana Department of Public Health: W.F.Cogswell, M.D., secretary, Helena Debra,ska Department of Health: P.H.Bartholomew, M.D., acting director of health, Lincoln Devada State Board of Health: John E.Worden, M.D., State health officer, Carson City C J.H.Baker, M.D., State health officer, Montgomery*^ A r i >zr»rin Cj-.flf.A ■RnnT’ fl r\f* T 7A A .lt.K A M « w w i g c yiiiumcui, #*.„., «v««« superintendent of health, Phoenix ^ Arkansas State Board of Health*— Uigurs Wm. B. Grayson, M.D., State health officer, Little California Department of Public Health Walter M.Dickie, M.D., director of public health Colorado Division of Public Health: E.L.Cleere, M.D., C.P.H., secretary and executive officer, Denver Connecticut Department of Health Stanley H.Osborn, M.D., C.P.H., commissioner of health, Hartford Delaware State Board of Health: Arthur C.Jost, M.D., C.M., executive secretary, Dover District of Columbia Health Department George C.Ruhland, M.D., health officer, Washington Florida State Board of Health: W.A.McPhaul, M.D., State health officer, Jacksonville Georgia Department of Public Health: T.F.Abercrombie, M.D., director, Atlanta Territory of Hawaii Board of Health: F.B.Trotter,M.D. , president of the board of health, Honolulii Idaho Department of Public Welfare: J.D.Dunshee, M.D., director, Boise Illinois Department of Public Health: Frank J.Jirka, M.D., director of public health, Springfield expected to give special attention to the rising traffic toll as contrasted with a distinct decline in fatalities resulting from railway and industrial accidents* Venereal disease and pneumonia control and problems of health administra tion are included on the first day!s agenda. Among the subjects to be considered during the two days of meetings with the Surgeon General are the Social Security program, interstate health problems, nutrition, health education and the prevention of invasion of disease from abroad* State and territorial officers of the United States expected to attend the conference sessions are the following: State officers charged with the war against death and disease will gather here next week in two conferences— one among themselves and one1with Federal authorities— to tighten lines against their common enemies, with the current offensive against syphilis scheduled for further impetus. The first session will open Monday morning in the United States Public Health Service Auditorium, when the annual Conference of State and Provincial Health Officers of North America is called to order. State, territorial and Canadian officials will hear papers by their own membership and by invited guest speakers from government services in this country and abroad. Committees of that organization will hold their round-table discussions on Tuesday. Reassembling in the Auditorium on Wednesday, the doctors will be greeted by Assistant Secretary of the Treasury Josephine Boche as the Thirty-fifth State and Territorial Health Officers Conference with the Surgeon General gets under way. Later, Dr. Thomas Par ran, r n|irtniiiiiitt>*' U.S, Public Health Service, will address the conferees. Surgeon General of the Committees of the sec ond. group will spend Thursday drafting recommendations to the Surgeon General to wind up the four days of discussions devoted to the physical welfare of their population groups® Because fatalities from accidents have risen to the third highest cause of death in the Unitdd States, a paper on "Accident Prevention" has been sched uled for the opening session on'Monday. A, 7. Eohweder, vice-president of the National Safety Council and chairman of the Public Safety Committee of Minnes ota, will be the speaker. After relating generally the development of the safety movement in the United States during the past twenty-five years, he is TREASURY DEPARTMEpJ U..S. Public Health Service Washington FOR IMMEDIATE RELEASE, Thursday, April 1, 1937. Press Service No.9-94 State officers charged with the war against death and disease will gather here next week in two conferences — * one among themselves and one with Federal authorities — to tighten lines against their common enemies, with the current offensive against syphilis scheduled for further impetus. The first session will open Monday morning in the United States Public Health Service Auditorium, when the annual Conference of State and Provincial Health Officers of North America is called to order. State, territorial and Canadian officials will hear papers by their own membership and by invited guest speakers from government services in this country and abroad. Committees of that organization will hold their round-table discussions on Tuesday, Reassembling in the Auditorium on Wednesday, the doctors will be greeted by Assistant Secretary of the Treasury Josephine Roche as the Thirty-Fifth State and Territorial Health Officers Conference with the Surgeon General gets under way. Later, Dr. Thomas Parran, Surgeon General of the U.S. Public Health Service, will address the conferees. Committees of the second group will spend Thursday drafting recommendations to the Surgeon General to wind up the four.days of dis cussions devoted to the physical welfare of their population groups. Because fatalities from accidents have risen to the third highest cause of death in the United States, a paper on ’’Accident Prevention” has been scheduled for the opening session on Monday. A.7. Rohweder, vice-president of the National Safety Council and chairman of the Public Safety Committee of Minnesota, will be the speaker. After relating generally the development of the safety movement in the United States during the past twenty-five years, he is expected to give specia attention to the rising traffic toll as contrasted with a distinct decline in fatalities resulting from railway and industrial accidents. ~2*Venereal disease and pneumonia control and problems of health administration af e included on the first day1s agenda. Among the subjects to be considered during the two days of meetings with, the Surgeon General are the Social Security program, interstate health problems, nutrition, health education and the prevention of invasion of disease from abroad* State and territorial officers of the United States expected to attend the conference sessions are the following? Alabama Department of Public Health, J.N. Baker, M.D., State health officer, Montgomery. Arizona State Board of Health, George C. Truman, M.D., State superintendent of health, Phoenix. Arkansas State Board of Health, Wm. B. Grayson, M.D., State health officer, Little Rock. California Department of Public Health, Walter M. Dickie, M.D., director of public health, Sacramento. Colorado Division of Public Health, R.L. Cleere, M.D., C.P.H., secretary and executive officer, Denver. Connecticut Department of Health, Stanley H. Osborn, M.D., C.P.H. commissioner of health, Hartford. Delaware State Board of Health, Arthur C. Jost, M.D., C.M., executive secretary, Dover. District of Columbia Health Department, George C. Ruhland, M.D., health officer, Washington. Florida State Board of Health, W.A. McPhaul, M.D,, State health officer, Jacksonville. Georgia Department of Public Health, T.F.Abercrombie, M.D., director, Atlanta. Territory of Hawaii Board of Health, F.E. Trotter, M.D,, president of the Board of Health, Honolulu. Idaho Department of Public Welfare, J.D. Dunshec, M.D., director, Boise. Illinois Department of Public Health, Frank J, Jirka, M.D., director of public health, Springfield. Indiana Department of Commerce and I n d u s t r y , Division of Public Health, Verne K. Harvey, M.D., C.P.H., director, Indianapolis. Iowa State Department of Health, Walter L. Bierring, M.D., commissioner of health, Des Moines. Kansas State Board of Health, Earle G. Brown, M.D,, Secretary, State Board of Health, Topeka., . . . . — ““ Kentucky State Department of Health, A.T. McCormack, M.D., D.P.H, State health commissioner, Louisville. Louisiana Department of Health, J.A, 0 THara, M.D,, president, State Board of Health, New Orleans. Maine Department of Health and Welfare, G-eorge H. Coombs, M.D., director, Augusta. M a r y l a n d Department of Health, Robert H. Riley, M.D., Dr. P.H., director of health, Baltimore* Massachusetts Department of Public Health, Henry D. Chadwick, M.D., State Commissioner of public health, Boston. Michigan Department of Health, C.C. Slemons, M.D., State health commissioner Lansing* Minnesota Department of Health, A.J. Chesley, M 0 . , secretary and executive officer, St. Paul. Mississippi State Board of Health, Felix J. Underwood, M.D., secretary State board of health, Jackson Missouri State Board of Health, E.T. McGaugh, B.L., M.D., State health commissioner, Jefferson City. Montana Department of Public Health, W.F. Cogswell, M.D., secretary, Helena. Nebraska Department of Health, P.H. Bartholomew, M.D., acting director of health, Lincoln. Nevada State Board of Health, John E. Worden, M.D., State health officer, Carson City. Nev/ Hampshire State Board of Health, T.P. Burroughs, M.D., secretary, State board of health, Concord. New.Jersey Department of Health, J. Lynn Mahaffey, M.D., director of health, Trenton. New Mexico Bureau of Public Health, J. Resslyn Earp, Dr. P.H. director of public health, Santa Fe. New York State Department of Health, Edward S. G-odfrey, Jr., M.D., State commissioner of health, Albany. North Carolina State Board of Health, Carl V. Rejuiolds, M.D., secretarytreasurer and State health officer, Raleigh. North Dakota Department of Public Health, Maysil M. Williams, M.D., C.P.H., State health officer, Bismarck* Ohio' Department of Health, Walter H. Hartung, M.D., director of health, Columbus. Oklahoma Department of Public Health, Charles M. Pearce, M.D., state health commissioner, Oklahoma City* Oregon State Board of Health, Frederick I). Strieker, M.D., secrutary and State Health officer, Portland. Pennsylvania Department of Health, Edith MacBride --Dexter, M,D., secretary of health, Harrisburg. Puerto Rico Department cf Health, E. Garrido Morales, M.D., Dr. P.H,, commis sioner of health, San Juan. Rhode Island Department of Public Health, Edward A. McLaughlin, M.D., director of public health and State registrar, Providence. South Carolina State Board of Health, James A. Havne, M.D., State health officer, Columbia. South Dakota State Board of Health, Park B. Jenkins, M.D., superintendent, Pierre. Tennessee Department of Public Health, ”r.C. Williams, M.D., C.P.E., commissioner, Nashville. Texas State Department of Health, George W. Cox, M.D., State health officer, Austin. Utah State Board of Health, J.L, Jones, M.D., Dr. P.H., State health commissioner, Salt Lake City. Vermont Department of Public Health, Charles P. Dalton, M.D., secretary, State board cf health, Burlington. Virginia Department cf Health, I.C. Riggin, M.D., State health commissioner, Richmond. Washington State Department of Health, E.R. Coffey, M.D,, director, Seattle. West Virginia Department cf Health, Arthur E. McClue, M.D., commissioner of health, Charleston. Wisconsin State Beard cf Health, G.A, Harper, M.D., State health officer, Madison, Wyoming Department cf Public Health, G.M. Andersen, M.D., State health officer, Cheyenne. coOoo - 3 - Interstate health problems m i l be among those receiving attention at the Wednesday conference v/ith the Surgeon General of the United States Public Health Service, Dr, Thomas Parran, On Thursday, committees of the latter conference will talk over their problems with a view'to recommendations to the Federal health authorities. — 0O 0- 2 ACCIDENT PREVENTION, R. V# Rohweder, ^ice Resident, National Safety Council^ yChairman, Minnesota Safety Committee# REPORT OF COLH.dTTEE ON ACCIDENTS, E. G. Brown, M.D., Chaiman. DISCUSSION: E. S. Godfrey, Jr., M.D., N. Y. State Health Commissioner# Thomas Crowder, M.D#, Director, Division of Sanita tion and Surgery, /Oie Pullman ¿fompany# METROPOLITAN HEALTH DEPARTMENT, VANCOUVER, BRITISH COLUMBIA, G# F# Amyot, M.D. DISCUSSION: J. A. Ferrell, M.D., director, International Health division, Jjfhe Rockefeller Foundation. F. W. Jackson, M.D., Deputy'Minister of Health of Manitoba# RESIDENT DEATH RATES AND PUBLIC HEALTH: Halbert L. Dunn, M.D., (Jmief Statistician for Vital Statistics, U. S Bureau of Census# AFTERNOON SESSION. ADDRESS OFJEARL G. BROWN, M.D., of Kansas# ^ State Health Officer COURT DECISIONS ON MILK SINCE 1934, James A. To^ey, Dr.P.H., m.rector, Department of Health Service, /me Borden ^company# REPORT OF C O M Í TTEE ON MILK, I. C. Riggin, M.D., Chairman. DISCUSSION: L. C. Frank, Sanitary ¡Engineer, U.S. Public Health Service A n charge of Milk Investigations# / POLIOMYELITIS, F. W. Jackson, M.D#, Deputy Minister of Health of Manitoba# . H, • ' DISCUSSION: J. P. Leake, M.D., U. S. Public Health Service# REGIONAL PREVALSNCE OF DISEASE, William D. Brierly, M.D., George Washington University# DISCUSSICI!: Sanitary Bureau# B. J. Lloyd, M.D., Indicai Bare et or, Pan American / U.S. PUBLIC HEALTH SERVICE PROGRAM OF PUBLIC HEALTH EDUCATION, R.R. Spencer, M.D#, U. S. Public Health Service. FOR RELEASE, AFTERNOON NEWSPAPER^ Jgjdety» April £» 1957____________ The detailed program of the general sessions of the Conference of State and Provincial Health Officers of North America, which will be held Monday in the United States Public Health Service Auditorium, was announced today. The Monday meetings will open four days of discussions in Washington on public health problems, the last two of which will be devoted to the Thirty-fifth State and Territorial Health Officers Conference with the Surgeon General. The program for Monday and Tuesday was arranged ty Dr. A.J. Chesley, Secretary of the Minnesota Department of Health, who has scheduled committee meetings for Tuesday. Chairman of the general sessions Monday will be Dr. Earl E. Brown, Secretary of the Kansas State Board of Health and president of the Conference. The Monday program was announced as follows: MORNING SESSION PUBLIC HEALTH CONTROL OF SYPHILIS IN GREAT BRITAIN, Thomas Anwyl-Davies* M.D., Director of Whitechapel Clinic, London. PUBLIC HEALTH CONTROL OF GONORRHEA IN GREAT BRITAIN, Ambrose J. King, Assistant Medical. Officer, Whitechapel Clinic, London. DISCUSSION: R. I. Wodehouse, M.D., Deputy Minister, Department of Pensions and National Health, Dominion of Canada. Thomas Parran, I.D. Surgeon General, U.S. Public Health Service. POSSIBILITIES FOR PNEUMONIA CONTROL AS INDICATED BY PRESENT SCIENTIFIC KNOYftiEDGE, Rufus Cole, M.D., D.Sc., Hospital of Rockefeller Institute. DISCUSSION: Donald B. Armstrong, M.D., resident, National Health Council TOm&L-DauoujsicTr. TREASURY DEPARTMENT (U.S. Public Health Service) Washington FOR RELEASE, MORNING NEWSPAPERS, Saturday, April 3, 1937.________ 4/2/37 Press Service No# 9^95 The detailed program of the general sessions of the Conference of State and Provincial Health Officers of North America, which will he held Monday in the1 ' United States Public Health Service Auditorium, was announced today. The Monday meetings will ^pen four days of discussions in Washington on public health problems, the last two of which will be devoted to the Thirty-fifth State and Territorial Health Officers Conference with the Surgeon General. the program for Monday and Tuesday was arranged by Dr. A. J. Chesley, Secretary of the Minnesota Department of Health, who has scheduled committee meet ings for Tuesday, ihairman of the general sessions Monday will be Dr. Earl E. irown, Secretary of the Kansas State-Board of Health and President of the Confer ence. The Monday program was announced as fallows: MORNING SESSION PUBLIC HEALTH CONTROL OF SYPHILIS IN GREAT BRITAIN, Thomas Anwyl-Davies, M.D., Director of Whitechapel Clinic, London. PUBLIC HEALTH CONTROL OF GONORRHEA IN GREAT BRITAIN, Ambrose J. King, Assistant Medical Officer, Whitechapel Clinic, London. DISCUSSION: R. E. Wodehouse, M.D., Deputy Minister, Department of Pensions and National Health, Dominion of Canada. Thomas Parran, M.D., Surgeon General, U. S. Public Health Service. POSSIBILITIES FOR PNEUMONIA CONTROL AS INDICATED BY PRESENT SCiENTIFIC KNOWLEDGE, Rufus Cole, M.D., D.Sc., Hospital of Rockefeller Institute, DISCUSSION: Donald B. Armstrong, M.D., resident, National Health Council. - 2 - ACCIDENT PREVENTION, R. V. Rohweder, Vice President, Rational Safety Council; Chairman, Minnesota Safety Committee. REPORT OP COMMITTEE OR ACCIDE-TTS, E. 0. Brown, M.D., Chairman. DISCUSSION: E. S. Godfrey, Jr., M.D., N.Y. State Health Commissioner. Thomas Crowder, M.D., Director, Division of Sanitation and Surgery, The Pullman Company. METROPOLITAN HEALTH DEPARTMENT, VANCOUVER, BRITISH COLUMBIA, G. E. Amyot, M.D. DISCUSSION: J. A. Ferrell, M.D., Director, International Health Division, The Rockefeller Foundation. F. W. Jackson, M.D., Deputy Minister of Health of Manitoba. RESIDENT DEATH RATES AND PUBLIC HEALTH: Halbert L. Dunn, M.D., Chief Statistician for Vital Statistics, U.S. Bureau of Census. AFTERNOON SESSION ADDRESS OF PRESIDENT EARL G. BROW, M.D., State Health Officer of Kansas. COURT DECISIONS ON MILK SINCE 1934, James'A. Tobey, Dr.P.H., Director, Department of Health Service, The Borden Company. REPORT OF COMMITTEE ON MILK, I. C. Riggin, M.D., Chairman. DISCUSSION: L. C. Frank, Sanitary Engineer, U. S. Public Health Service, in charge of Milk Investigations. POLIOMYELITIS, F. W. Jackson, M.D., Deputy Minister of Health of Manitoba. DISCUSSION: J. P. Leake, M.D., U. S. Public Health Service. REGIONAL PREVALENCE OF DISEASE, William D. Brierly, M.D., George Washington University. DISCUSSION: B. J. Lloyd, M.D., Medical Director, Pan American Sanitary Bureau. U. S. PUBLIC HEALTH SERVICE PROGRAM OF PUBLIC HEALTH EDUCATION, R. R. Spencer, M.D., U.S. Public Health Service. Interstate health problems will be among those receiving attention at the Wednesday conference with the Surgeon General of the United States Public Hea.lth Service, Dr. Thomau Par ran. On Thursday, committees of the la.tter conference will talk over tneir prob lems with a view to recommendations to the Fed.eral health authorities, — oOo— Halifax, representing the Province of Nova Scotia; Dr. Bernard T. McGhie, of Toronto, representing the Province of Ontario; Dr. B. C. : Keeping, of Charlottetown., representing the Province of Prince Edward Island; Dr. Emile Nadeau, of Quebec, representing the Province of Quebec; Dr. R. 0. Davison, of Regina, representing the Province of Saskatchewan. — 0O 0— NOTE s Copies of some of the papers to be read at the Conference sessions, or abstracts of them, will be made available from day to day during the sessions in Room 131 of the United States Public Health Service Building. The two British doctors come to Washington following attendance at the First International Conference on Fever Therapy in New York City* They are participating in the present campaign directed toward control of gonorrhea and syphilis in England and Wales under the direction of the British Ministry of Health# Dr* King is in this country for the purpose of studying the use of artificially-induced fever in the treatment of complications of syphilis and gonorrhea* Pneumonia and infantile paralysis control and accident prevention and public health education are among other subjects listed for the first day’s meeting* The venereal disease campaign in this country will get its share of attention on Wednesday, when the Thirty-fifth State and Territorial Health Officers Conference with the Surgeon General is opened. One day of each meeting will be devoted to round-table gatherings of standing committees* Approximately 200 representatives from practically every State and possession of this country will be in attendance as well as a large delegation from the Canadian provinces* pected from Canada arei Those delegates ex Dr. M. R. Bow, of Edmonton, representing the Province of Alberta; Dr. H. E. Young, of Victoria, representing the Province of British Columbia; Dr. F. W. Jackson, of Winnipeg, representing the Province of Manitoba; Dr. Wm* Warwick, of Eredericton, representing the Province of New Brunswick; Dr. P. S. Campbell, of TREASURY DEPARTMENT (U.S. Public Health Service) Washington FOR RELEASE, MORNING NEWSPAPERS Sunday, April 4, 1937* 4/ 2/37 Ä Press Service No. 9- (TL 7 & With a first-hand story of England’s experience in venereal disease control opening the program, four days of conferences on state, national and international public health problems will get under way tomorrow morning in the Auditorium of the United States ^ublic Health Service here. Methods that are succeeding in Britain will be related at the initial session of the Conference of State and Provincial Health Officers of North America by two of the physicians who are leaders in their Government’s struggle against syphilis and gonorrhea. Dr. Thomas Anwyl-Davies, one of England’s leading syphilologists, and chief of the London County Council’s venereal disease clinic, will suggest ways and means of inducing patients to undergo treat ments regularly and faithfully once they are begun. Credited with a high percentage of continuous clinical visitors in his own depart ment at London hospital, he will tell some of the reasons given by patients for avoiding treatments, and will also deal with administra♦ tive and statistical aspects of his work* Dr. Ambrose King, also a distinguished member of the staff of the London County Council clinic, will discuss the control of gonorrhea along lines similar to those developed by Dr. Anwyl-Davies# TREASURY DEPARTMENT (U.S. Public Health Service) Washington POR RELEASE, MORNING NEWSPAPERS Sunday, April 4, 1937.________ Press Service No . 9-96 4/2/37. With a first-hand story of England* s experience in venereal disease control opening the program, four days of conferences on state, national and international public health problems will get under way tomorrow morn ing i.u the Auditorium of the United States Public Health Service here. Methods that are succeeding in Britain will be related at the initial session of the Conference of State and Provincial Health Officers of North America by two of the physicians who are leaders in their Government’s struggle against syphilis and gonorrhea. Dr. Thomas Anwyl-Davies, one of England’s leading syphilclegists, and Chief of the London County Council’s venereal disease clinic, will suggest ways and means of inducing patients to undergo treatments regu larly and faithfully once they are begun. Credited with a high percentage of continuous clinical visiters.in his own department at London hospital, he will tell some of the reasons given by patients for avoiding treatments, and will also deal with administrative and statistical aspects of his work. Dr. Ambrose King, also a distinguished member of the staff cf the London County Council clinic, will discuss the control cf gonorrhea along lines similar tc those developed by Dr. Anwyl-Davies. The two British doctors come tc Washington following attendance at the First International Conference on Fever Therapy in New York City. They are participating in the present campaign directed toward control cf gonorrhea and syphilis in England and Wales under the direction cf the British. Ministry cf Health. Dr. King is in this country for the purpose of studying the use of artificially-induced fever in the treatnent cf complications cf syphilis and gonorrhea. Pneumonia and infantile paralysis control and accident prevention and public health education are among other subjects listed for the first day’s meeting. The venereal disease campaign in this country will get its share of attention op. Wednesday, when the Thirty-fifth State and. Territorial Health Officers Conference with the Surgeon General is opened. One day cf each meeting will be devoted to round-table gatherings cf standing committees. Approximately 200 representatives from practically every State and possession of this country will be. in attendance as well as a large dele gation from the Canadian provinces. are: These delegates expected from Canada . Dr. M. E. Bow, cf Edmonton, representing the Province cf Alberta; Dr. H. E. Yeung, cf Victoria, representing the Province of British Columbia; Dr. F. V. Jackson, cf Winnipeg, representing the Province of Manitoba; Dr. Wm. Warwick, cf Fredericton, representing the Province of Hew Brunswick; Dr. P. S. Campbell, of Halifax, representing the Province of Nova Scotia; Dr. Bernard T. Mcffiiie, of Toronto, representing the Province of Ontario; Dr. B. C. Keeping, cf Charlottetown, representing the Province of Prince Edward Island; Quebec; Dr. Ihile Nadeau, cf Quebec, representing the Province cf Dr. E. 0. Daviscra, . cf Regina, representing the Province cf Saska tch ewan. — cOo— NOTE; Copies of seme cf the papers to be read at the Conference sessions, or abstracts cf then, will be made available from day to day during the sessions in Eccm 131 cf the United States Public Health Service Building. 2 State Medical Society there when Dr. Parran was Health Commissioner of the State. He responded to the medical profession’s request for help and made available to the physicians free pneumonia serum, adequate laboratory facilities and bedside nursing care. ”This program,” the Surgeon General said yesterday, "is a good example of how the Health Department can place better tools in the hands of the medical profession so that better medical service can be had by the people and a great cause of death can be minimized.” A survey of decisions by Federal and State courts with respect to milk sanitation control will be read at the afternoon session by Dr. James A. Tobey of New York. His study is expected to reveal strong judicial support of market milk regulation by public health authorities. The paper will be followed by a report of the Conference’s Committee on milk, read by its Chairman, Dr. I. C. Riggin, State Health Commissioner of Virginia. Opening the program at 9:10 o ’clock this morning, following the roll call, will be two British foes of Syphilis and gonorrhea, Dr. Thomas Anwyl-Davies, Chief of the London County Council’s venereal disease clinic, and Dr. Ambrose King, a member of the clinic staff. * -0 O 0 - NQTE: Available copies or abstracts of papers to be read today may be obtained in room 131 of the United States Public Health Service Building or room 289 Treasury Building. FOR RELEASE, MORNING NEWSPAPERS Monday, April 5 , 1957 . ______ Possibilities for improving control of pneumonia through closer collaboration of individual doctors and public health departments will be explored here today in the first of four days of meetings attracting several hundred state, federal and foreign public health officers* General sessions today in the Auditorium of the United States Public Health Service and dommittee meetings tomorrow make up the program of the annual Conference of State and Provincial Health Officers of North America. On Wednesday and Thursday the delegates will be the guests of Dr. Thomas Parran, head of the Federal service, in the Thirty-fifth State and Territorial Health Officers Conference with the Surgeon General. New developments in the campaign to control venereal disease are slated for attention in all of the sessions. The pneumonia discussions will be started this morning with the presentation of a paper by Dr. Rufus Cole of the Hospital of Rockefeller Institute on the "possibilities for pneumonia control as indicated by present scientific knowledge.” Comment will be made by Dr. Donald Armstrong of the National Health Council, after which the subject will be opened to general discussion. State pneumonia programs are now in operation in New York, Connect icut, Massachusetts and Ohio. The New York effort was begun by the TREASURY DEPARTMENT (U.S. Public Health Service) Washington FOR RELEASE, MORNING NEWSPAPERS Monday, April 5, 1937.________ 4/3/37. Press Service No. 9-97 Possibilities for improving control of pneumonia through, closer collaboration of individual doctors and public health departments will be explored here today in the first of four days of meetings attracting several hundred state, federal and foreign public health officers. General sessions today in the Auditorium of the United States Public Health Service and committee meetings tomorrow make up the program of the annual Conference of State and Provincial Health Officers of North America. O11 Wednesday and Thursday the delegates will be the guests of Dr. Thomas Parran, head of the Federal service, in the Thirty-fifth.State and Territorial Health Officers Conference with the Surgeon General. New de velopments in the campaignto control venereal disease are slated for atten tion in all of the sessions. The pneumonia discussions will be started this morning with the presentation of a paper by Dr. Rufus Cole of the Hospital of Rockefeller Institute on the ’’possibilities for pneumonia control as indicated by present scientific knowledge.” Comment will be made by Dr. Donald Armstrong cf the National Health Council, after which the subject will be opened to general discussion. State pneumonia programs are now in operation in New York, Connecticut, Massachusetts and Ohio. The New York effort was begun by the State Medical Society there when Dr. Parran was Health Commissioner of the State. He H ""* responded tc- the medical profession’s request for help and made available to the physicians free pneumonia serum, adequate laboratory facilities and bedside nursing care. ’’This program," the Surgeon G-eneral said yesterday, "is a good example of how the health department can place better tools in the hands of the medical profession sc that better medical service can be had by' the people and a great cause of death can be minimized." A survey of decisions by Federal and State courts with respect to milk sanitation control will be read at the afternoon session by Dr. James A. Tcbey of New York. His study is expected to reveal strong judicial support of market milk regulation by Public Health authorities. The paper will be followed by a report of the Conference's Committee on milk, read by its Chairman, Dr. I. C. Riggin, State Health Commissioner of Virginia, Opening the program at 9:10 o'clock this morning, following the roll call, will be two British fees of syphilis and. gonorrhea, Dr, Thomas AnwylDavies, Chief of the London County Council's venereal disease clinic, and Dr. Ambrose King, a member of the clinic staff. — cOo— NOTH: Available copies or abstracts of papers to be read, today may be obtained in room 131 of the United States Public Health Service Building, or room S89 Treasury Building. page Assets and liabilities of all banks, December 31, 1936 - Continued : xTotal : all banks A All banks other than nat ional : Rational : banks 2 b Banks other than national : Mutual : State : Private :(commercial)♦ î savings : banks LIABILITIES - Continued U* S* Government and postal savings deposits....... ......... ... $ 1 ,12 k ,396 Deposits of other banks........ *. . . 7 ,0 6 k ,002 Certified and cashiers 1 checks, cash 935.0k6 letters of credit, etc....... Total deposit............ 61,125,925 $ 658,230 k,k 5 o ,o k s k6q.ik7 27,608,397 .... Bills payable................. Rediscounts .......... •..... Agreements to repurchase securities 1,215 sold................. .... Acceptances executed by or for ac 270,U 63 count of reporting banks..«.... Interest, taxes, and other expenses 73,122 accrued and unpaid.... . Dividends declared but not payable and amounts set aside for undeclar■ed dividends and for accrued interest on capital notes and debentures•• 33,513 kll,U72 Other liabilities.... . 20k ,900 Capital notes and debentures..... 52k ,350 Preferred stock... ........... 2,563,820 Common stock................ Surplus*.•..... .............. 3,73k ,269 Undivided profits-net........ 651,317 kkg,53i Reserves for contingencies...... Retirement fund for preferred stock lk. 901 and capital notes and debentures*_ 2,588 55,^ 570 70,11k .791 62 «35 9k, 630 k7 ,636 28,6^2 u6,6 k i 2,613,95^ k 65,.899 33,517,528 52,«35 508 $U66,l66 2 , 5 1k ,725 3« 637 io ,ik 5 ,o g o 581,163 k5,297 505 3,721 380 175,«33 130,22k 25,k86 23,8k2 k,871 2,837 lk6,k67 1,300,086 2,687,687 282,792 303,0^ 10,621 31,070,kkl k.280 39,0kk,350 26,730,239 - 335,osi 1,263,73k 1,0^6,582 368,525 ♦Includes loan and trust companies and stock savings banks. $99,082 2 2 ,7 9 1,3 15 380 29k ,831 20^,900 189,269 $1^7 k65.22k 265,910 187,365 189,269 1,255,‘*58 1,366,008 210,^99 257,050 — - $466,166 3,817 3 ----- -— - — k5,609 1,635 2,03k 2k,26k 17,535 — — 9 k,657 ---^,628 1,288,012 71,986 19,5kk 33,667 11,573,781 7kO,330 307 26,470 **.280 i- TREASURY DEPARTMEM? Press Service EOE TriïîT.'BiAffBlf CO TJ^JrT i-^’i Washington If )1 9 f— In addition to the information with respect to all active banks in the country for June J>0, 1936, which is published in the Comptroller^ annual report for 193^"under the provisions of Section 333» U« S. Revised Statutes, the Comptroller has obtained summaries of the assets and liabilities of all active banks, by classes, as of December 31, 1936* which are shown below; Statement of assets and liabilities of all banks December 31» 193& ♦ • • • 4 Number of banks....... ...................... . (Amounts in thousands of dollars) ♦ A ll banks « Total a ll : National other than banks national banks : 15,705____ : Banks other than national : State : Mutual ; Private ;(commercial)# : savings : banks 5,331____ __ 10,37*___ ___ 9.683_______ 565__ 126 ASSETS Loans on real estate ..... ......... $g, 582, 6^0 Other loans, including rediscounts. 13,007,539 13,106 Overdrafts......................... . U. S. Government securities, direct and fu lly guaranteed....... . 17,*21,197 Other bonds and securities*. • ......... 10,771,6*7 Banking house, furniture and fix# tu r e s ... .............. . 1,3*5,680 Heal estate owned other than bank1 , 290,101 ing house..................................... . 1 , 02^ , 52^ Cash in vault....... ....................... ♦. Balances with other banks, includ ing reserve with reserve agents*• 15 , 868,*83 Other assets. • • • • . . * ............. . _ 789,87* Total assets......................... 70.11&.791 $1 ,* 32,062 6, 835,266 3,882 $7 , 150,578 6, 172,273 9 , 22fc $2 , 210, 6gfc 5,973,26* 7,787 $ *, 936, 72* 8, 685, 55* * , 09*,*90 8, 735, 6*3 6, 677,157 6 , 078,*95 3,83*,231 2 , 339,* 7* 2, 707,*83 317,67* 135,**3 633,095 712,585 571,7*3 133,381 7 ,*6l 176,506 518,503 1,113,595 *13,2*0 * * 8,391 698, 6s* 56, 06fc 1,671 8,462,578 228,505 31.070.fc4l 7 ,* 05,905 561,369 39,0*4,350 4l5,92fc 26,730,239 2^,709,577 12 , 691,606 12,017,971 11,571,959 23, 925, 1*9 7,281,*9* 16 , 6* 3,655 6,* 65,75« 506,021 6 , 776,*80 97,*90 — $3,170 101,519 l>*37 507, 11 * 97.367 11.573.781 1,566 122,311 *8.078 7*0,330 LIABILITIES Demand deposits of individuals, partnerships, and corporations... Time deposits of Individuals, partnerships, and corporations... State, county, and municipal de- 7 O2 **5,310 10,1*3,561 3*,336 O F F IC E O F TH E C O M PTR O LLER O F T H E CURRENCY 4-3-37 Mrs. H erbert, For Mr. G asto n s approval and fo r s t e n c i ls . Send us 500 copies p le a s e . {Tv D avis, Secretary i TREASURY DEPARTMENT EOS RELEASE, Morning Newspapers Wednesday, April 7, 1937_____ W 37. / Washington Press Service No. 9~98 ' In addition to the information with respect to all active banks in the country for June 30» 193°» Which is published in the Comptroller’s annual report for 1936, under the provisions of Section 333 » O. S. Revised Statutes the Comptroller has obtained summaries of the assets and liabilities of all active banks, by classes, as of December 31» 1936, which are shown below: Statement of assets and liabilities of all banks December 31 , 1936 (Amount s in thousands of dollars) : i All banks : Banks other than national : Total all : National : State : Mutual : Private : other than • banks : banks :(commercial)*: savings : banks : national 126 Number of banks ......... *•••••• 15,705 1 0 ,37 U 565 .. 5,331 9,633 ...... ASSETS $2,210,6sU $u,9 3 6 ,721* $3,170 $3,5S2,6Uo $1 ,1+32,062 Loans on real estate...... $7 ,150,573 97,1*90 101,519 Other loans, including rediscounts. 13,007,539 6,835,266 5.973,261* 6,172,273 ——— 9,22U 13,106 3,832 1 ,1+37 Overdrafts.............. 7,787 U. S. Government securities, direct 3,685,55H 17 ,^21,197 8,735,61+3 and fully guaranteed.... 2,339,1*71* 317 ,671* 6,078,1+95 u, 09 ^,1+90 2,707,1*83 135,1*1*3 Other bonds and securities.. 3 ,831*,231 6,677,157 10 ,771 ,6^7 Banking house, furniture and fix133,331 7,1*61 .1 ,3^5,680 tures................. 57i,7i*3 712,585 633,095 Real estate owned other than bank698 ,bSU Ul3,2U0 1,671 176,506 1,290.101 ing house............. i,H3,595 56 ,o 6U 1,566 U'43,391 Cash im vault ........... 1,02^-, 52** 506,021 518,503 Balances with other banks, includ507,llU 122,311 6,776,Uso 7,1*05,905 ing reserve with reserve a.ents.. 15 ,s 6s ,US3 8,1*62,578 Us,07s Ul5,92U 228,505 789,87'4 Other assets.... ........ 561,369 97,367 11,573,781 71*0,330 31.070.UUl 39 .0lft.350 Total assets........ •••.••* 70.llU.791 26 ,730,239 LIABILITIES Demand deposits of individuals, partnerships, and corporations... 2U,709,5 7 7 12,691,606 11 , 571,959 702 UU5.310 12,0 17,9 71 Time deposits of individuals> 7,28i,U9U partnerships, and corporations... 23,925, 1^9 16,6^3,655 6 .U6 5 .7 5 8 10,143,561 3 ^ ,3 3 6 State, county, and municipal de 1,307,^83 602 1 ,7 9 8 posits..................... . 2 ,057,872 3 , 36 7,755 1,309,883 Assets and liabilities of all banks, December 31, 1936 - Continued : : Total all : banks ; : National : banxs : : : Page 2 All banks other than national : Banks other than national : State : Mutual : Private ¡(commercial)*: savings : banks LIABILITIES - Continued U. S. Government and postal sav~ ings deposits................ $1 ,124,396 Deposits of other banks......... 7 ,06^,002 Certified and cashiers' checks, cash letters of credit, etc........ 935»0*+6 Total deposits............ 61,125,925 Bills uayable................. 55.423 Rediscounts........... ........ 570 Agreements to repurchase securities sold....................... 1,215 Acceptances executed by or for ac count of reporting banks.... . 270 ,U63 Interest, taxes, and other expenses accrued and unpaid............ 73,122 Dividends declared but not payable and amounts set aside for undeclared dividends and for accrued interest on capital notes and debentures.. 33,513 Other liabilities.............. 411,^72 Capital notes and debentures....... 20*+,900 Preferred stock................ 52!+,350 Common stock... .............. 2 ,563 ,S20 Surplus....................... 3 ,734,269 Undivided nrofits-net........... 651.317 Reserves for contingencies....... 449,531 Retirement fund for preferred stock and capital notes and debentures. 14,901 Total liabilities.......... 70,114,791 Opo, 230 *+,*+5o,o*+s $U6 6 ,166 2 ,613,954 *+69 ,1U7 27 ,60 s,397 2,522 62 *+65,899 33,517,528 52,S35 50 s 235 380 380 94.630 175,233 130 ,22 *+ 4 7 ,636 25,*+s6 23 ,8*+2 26,b*+2 ll6,6Ul — 335,OSl 1 ,263,734 1 ,046,522 4,871 29M31 20 U,900 189,269 1 ,300 ,os6 2 ,627,627 282,792 303,06i| $ 362,525 iboM'l 10,621 31,070,*+*+! * Includes loan and trust companies and stock savings banks. *+,280 39,044,350 $*+66,166 2,514,725 — $147 ^5,22*+ 32 22,791,315 10,145.050 3,721 45,297 — 505 637 581,163 3,217 3 .r. ^ ' 4 5,609 1,635 2,837 2,034 265,910 2*+,26 *+ 127,365 189,269 1,255,^52 1,366,008 210.U99 257,050 — $99,082 17,535 — — 1,288,012 9 4,657 — — *+*+,628 33,667 71,926 19 ,5UU 26 ,*+70 11,573,781 740,330 307 *+,280 26 ,730,239 INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING MONTH OF ____________ MARCH. 1957 - CONT.______________ Day and Night National Bank, Pikeville, Ky. 1/ Date of Failure: Total Disbursements Including Offsets Allowed: 12—12—33 $ 77,394*00 Per Cent Total Dis bursements To Total Liabilities: Per Cent Dividends Declared To All Claimants: 98. 83.8472 1/ Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. ■ ■ H P I J2__*---- { m INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING MONTH OF _____ MARCH. 1957 ____________ ___ Date of Failures Mount Ephraim National Bank. Mount Ephraim, N.J.2/ First National Bank, Ridgeway, Missouri First National Bank, New Berlin, Pennsylvania 2/ First National Bank, Garden City, Kansas 2/ First National Bank, Republic, Pennsylvania Elkin National Bank, First National Bank, First National Bank, First National Bank, Elkin, North Carolina Dunbar, Pennsylvania Auburn, Washington Eaton, Colorado 2/ 10-15-33 12-23-30 11— 3—33 7—21—53 2-13-31 1-26-32 3-7-27 10-28-30 3-26-34 Per Cent Total Bisbursements To Total Liabilities: Per Cent Dividend Declared To All Claimants 156,427.00 95,247.00 236,425,00 424,206.00 100,641.00 82.53 88.59 102.51 72.08 65.37 74.72 86.77 103.12 44.15 56.68 328,471.00 313,900.00 620,731.00 368,362.00 56.86 85.49 76.73 106.56 41.41 85.5 66.81 115.4 Total Disbursements including Offsets Allowed: $ 2/ Formerly in conservatorship# 7At INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTH OF _______________ MARCH. 1957_______________ __ Date of ‘Failures First National Bank, Egan, South Dakota First National Bank, Northboro, Iowa First National Bank, Fowler, Kansas First National Bank, Kansas, Ohio 2/ First National Bank IN, Greensburg, Kansas First National Bank, Arcadia, Indiana First National Bank, Avon Park, Florida Bishopville National Bank, Bishopville, S. Car* Columbia National Bank, Columbia Heights, Minn. First National Bank, Sheffield, Iowa First National Bank, Craig, Nebraska Peoples National Bank, Lodi, Ohio American Exchange National Bank, St. Louis, Mo. 2/ First National Bank, Dougherty, Iowa John Weedman National Bank, Farmer City, Illinois Total Disbursements Including Offsets Allowed: s Per Cent Total Dis bursements To Total Liabilities: Per Cent Dividend Declared . To All Claimants: , 8.85 41.43 58.4 H2.7 69.78 67,689.00 97,341.00 96,770.00 60,401^00 245,322.00 43.52 61.39 77.97 109.56 87.57 7-3-28 2—18—29 1-12-32 6—21—32 6-13-52 198,494.00 253,256.00 316,740.00 269,315.00 276,335.00 92.92 54.01 103.78 87.89 92.11 90.9 30.2 108.24 71.5 89.712 1—30—33 12-8-31 12-5-33 12-14-31 2-19-32 139,455.00 483,697.00 2,174,308.00 133,287.00 397,452.00 87.64 90.12 78.8 88.415 103.96 41.9 107.02 10-10-32 9-16-32 1-10-33 9-13—33 10-12-32 $ 102.21 57.23 105.17 ELKIN NATIONAL BANK, ELKIN, NORTH CAROLINA* This b^nk was placed in receivership January 26, 1932* Depositors and other creditors received, including offsets allowed, the stun of $328,471*00 representing 56*86 per cent of total liabilities* Dividend payments to -unsecured depositors amounted to 41.41 per cent of their claims. FIRST NATIONAL BANK, DUNBAR, PENNSYLVANIA. This bank was placed in receivership March 7, 1927. Depositors and other creditors received, including offsets allowed, the sum of $313,900.00 representing 85.49 per cent of total liabilities. Dividend payments to -unsecured depositors amounted to 85.5 per cent of their claims. FIRST NATIONAL BANK, AUBURN, WASHINGTON. This bank was placed in receivership October 28, 1930. Depositors and other creditors received, including offsets allowed, the sum of $620,731.00 representing 76.73 per cent of total liabilities. Dividend payments to unsecured depositors amounted to 66.81 per cent of their claims. FIRST NATIONAL BANK, EATON, COLORADO, ® This bank was formerly in Conservatorship. It was finally placed in Receivership! on January 26,1934. Depositors and other creditors received, including offsets allowed, j the sum of $368,362.00 representing 106.56 per cent of total liabilities. Dividend payper cent, ments to unsecured depositors amounted to 100/>plus 15.4 per cent interest. DAY AND NIGHT NATIONAL BANK, PIKEVILLE, KENTUCKY. Depositors and creditors of record were paid in full by assumption of liabilitial by another bank. Receiver was appointed December 12, 1933 for the purpose of collecting! stock assessment covering deficiency in value of assets sold and/or consisting unfinished liquidation. Dividends to the sole creditor (the assuming bank) amounted cent principal. Total disbursements under this receivership aggregated $77,394.00 repre«l seating 98 per cent of total liabilities. (4) JOHN WEEDMAN NATIONAL BANK, FARMER CIST* ILLINOIS. This Laak: was placed ia receivership February 19,1932. Depositors and other creditors received, including offsets allowed, the sum of $397,452.00, representing 105«^ per cent of total liabilities. Dividend payments to unsecured depositors amounted to j 100 per cent plus 7.02 per cent interest. MOUNT EPHRAIM NATIONAL BANK, MOUNT EPHRAIM, NEW JERSEY 1^ This hank was placed in receivership October 13, 1933, having formerly been in conservatorship. Depositors and other creditors received, including offsets allowed, the sum of $156,427.00 representing 82.53 of total liabilities. Dividend payments to un V secured depositors amounted to 74.72 per cent of their claims. FIRST NATIONAL BANK, RIDGEWAY, MISSOURI. This bank was placed in receivership December 23, 1930. Depositors and other creditors received, including offsets allowed, the sum of $95,247.00 representing 88.59 I per cent of total liabilities. Dividend payments to unsecured depositors amounted to 86.' of their claims. FIRST NATIONAL BANK, NEW BERLIN, PENNSYLVANIA. This bank was formerly in conservatorship. It was finally placed in receivership November 3, 1933. Depositors and other creditors received, including offsets allowed, I the sum of $236,423.00, representing 102.51 per cent of total liabilities. Dividend pay! per cent ments to unsecured depositors amounted to 100 per cent plus 3.12/interest. FIRST NATIONAL BANK, GARDEN CITY, KANSAS. This bank was formerly in conservatorship. It was finally placed in receivership July 21, 1933. Depositors and other creditors received, including offsets allowed, the sum of $424,206.00 representing 72.08 per cent of total liabilities. Dividend payments to unsecured depositors amounted to 44.15 per cent of their claims. FIRST NATIONAL BANK, REPUBLIC, PENNSYLVANIA. This bank was placed in receivership February 13, 1931. Depositors and other creditors received, Including offsets allowed, the sum of $100,641.00 representing 65.S’ ! .per cent of total liabilities. Dividend payments to unsecured depositors amounted to 56.68 per cent of their claims. (3)' creditors received, including offsets allowed, the sum of $269,315,00, representing 87.89 per cent of total liabilities. Dividend payments to unsecured depositors amounted! to 71.5 oer cent of their claims. FIRST NATIONAL BANK, SHEFFIELD, IOWA. This "bank was placed in receivership June 11, 1932. Depositors and other creditors received,including offsets allowed, the sum of $276,335.00, representing 92.1] per cent of total liabilities. Dividend payments to unsecured depositors amounted to 89.712 per cent of their claims. FIRST NATIONAL BANK, CRAIG, NEBRASKA. This bank was placed in receivership January 30, 1933. Depositors and other creditors received, including offsets allowed, the sum of $139,455.00, representing 87.6 per cent of total liabilities. Dividend payments to unsecured depositors amounted to 78.8 per cent of their claims. PEOPLES NATIONAL BANK, LODI, OHIO. This bank was placed in receivership December 8, 1931. Depositors and other including offsets allowed creditors received/the sum of $483,697.00, representing 90.12 per cent of total lia bilities claims • AMERICAN EXCHANGE NATIONAL BANK, ST. LOUIS, MISSOURI. This bank was formerly in conservatorship. It was finally placed in receiver! ship December 5, 1933. Depositors and other creditors received, including offsets allow the sum of $2,174,308.00, representing 102.21 per cent of total liabilities* Dividend I payments to unsecured depositors amounted to 100 per cent plus 3.96 per cent interest. I FIRST NATIONAL BANK, DOUGHERTY, IOWA. I This bank was placed in receivership December 14, 1931. Depositors and othe: creditors received, including offsets allowed, the sum of $133,287.00, representing 57.2 Is per cent of total liabilities. Dividend payments to unsecured depositors amounted to 41.9 per cent of their claims. (a Dividend payments to unsecured depositors amounted to 5 8 per cent of their claims. FIRST NATIONAL BANK, KANSAS, OHIO. This hank was formerly in Conservatorship. It was finally placed in receivership September 13, 1933. Depositors and other creditors received, including offsets allowed, the sum of $60,401.00, representing 109.56‘,per cent of tot§l liabilities. Unsecured depositors received 100 per cent of their claims plus 12.7 per cent interest. FIRST NATIONAL BANK IN, GKEENSBURG, KANSAS. This bank was placed in receivership October 12, 1932. Depositors and other creditors received, including offsets allowed, the sum of $245,322.00 representing 87.57 per cent of total liabilities. Dividend payments to unsecured depositors amounted to 69.78 per cent of their claims. FIRST NATIONAL BANK, ARCADIA, INDIANA. This bank was placed in receivership Jply 3, 1928. Depositors and other creditors received, including offsets allowed, the sum of $198,494.00, representing 92.92 per cent of total liabilities. Dividend payments to unsecured depositors amounted to j 90.9 per cent of their claims. FIRST NATIONAL BANK, AVON PARK, FLORIDA. | ^ J¡1 This bank was placed in receivership February 18, 1929. Depositors and other creditors received, including offsets allowed, the sum of $253,256.00, representing 54.01 pefe cent of total liabilities. Dividend payments to unsecured depositors amounted to 30.2 per cent of their claims. BISHOPVILLE NATIONAL BANK, BISHOPVILLE, SOUTH CAROLINA This bank was placed in receivership January 12, 1932. Depositors and other creditors received, including offsets allowed, the sum of $316,740.00, representing 103.78 per cent of total liabilities. Unsecured depositors received 100 per cent of their claims, plus 8.24 per cent interest. COLUMBIA NATIONAL BANK, COLUMBIA HEIGHTS, MINNESOTA. This bank was placed in receivership June 21, 1932. Depositors and other • TREASURY DEPARTMENT Washington FOR RELEASE, MORNING- NEWSPAPERS, J. F. T. 0*Connor, Comptroller of the Currency, today announced the completion of the liquidation of 25 receiverships during the month of March, 1937* This makes a total of 628 receiverships finally closed or restored to solvency since the Banking i■ Holiday of March, 1933. Total disbursements, including offsets allowed, to depositors 1 ^ and other creditors of these 628 receiverships, exclusive of the 42 restored to solvency aggregated $212,342,559.00, or an average return of 79.08 percent of total liabilities, while unsecured creditors received dividends amounting to an average of 66.77 per cent of their claims. Dividends distributed to creditors of all active receiverships during the month of March, 1937, amounted to $6,139,871*00. Total dividends paid and distri butions to depositors of all receiverships from March 16th, 1933 to March 31st, 1937 FIRST NATIONAL BANK, EGAN, SOUTH DAKOTA. I \Ì9'• amounted to $772,414,619.00. * This bank was placed in receivership October 10,1932. Depositors and other creditors received, including offsets allowed, the sum of $67,689.00, representing 43.5j per cent of total liabilities. Dividend payments to unsecured depositors amounted to 8.83 per cent of their claims. FIRST NATIONAL BANK, N0RTHB0R0, IOWA. This bank was placed in receivership September 16, 1932. Depositors and other creditors received, including offsets allowed, the sum of $97,341.00, representing 61.1 per cent of total liabilities. Dividend payments to unsecured depositors amounted to 41.43 per cent of their claims. FIRST NATIONAL BANK, FOWLER, KANSAS. This bank was placed in receivership Jamary 10,1933. Depositors and other creditors received the sum of $96,770.00 representing 77.97 per cent of total liabilit TREASURY DEPARTMENT Washington FOR RELEASE, MORNING- NEWSPAPERS, Friday« April 9. 1937,__________ 4-5-37. Press Service Ho. 9-99 J.F.T. O’Connor, Comptroller of the Currency, today announced the completion of the liquidation of 25 receiverships during the month of March, 1937. This makes a total of 628 receiverships finally closed or restored to solvency since the Banking Holiday of March, 1933, Total disbursements, including offsets allowed, to deposit ors and other creditors of these 628 receiverships,exclusive of the 42 restored to solvency, aggregated $212,342,559.00, or an average return of 79,08 percent of total liabilities* while unsecured creditors received dividends amounting to an average of 66.77 percent of their claims. Dividends distributed to creditors of all active receiverships during the month of March, 1937, amounted to $6,139,871.00. Total dividends paid and distributions to depositors of all receiverships from March 16th, 1933 to March 31st, 1937, amounted to $772,414,619.00. FIRST NATIONAL BANK, EGAN, SOUTH DAKOTA This bank was placed in receivership October 10, 1932. Depositors and other creditors received, including offsets allowed, the sum of $67,689.00, representing 43.52 percent of total liabilities. Dividend payments to unsecured depositors amounted to 8,83 percent of their claims. FIRST NATIONAL BANK, N0RTHB0R0, IOWA. This bank was placed in receivership September 16, 1932, Depositors and other creditors received, including offsets allowed, the sum of $97,341.00, representing 61.39 percent of total liabilities. Dividend payments to unsecured depositors amounted to 41.43 percent of their claims. FIRST NATIONAL BANK, FOWLER, KANSAS. This bank was placed in receivership January 10, 1933. Depositors and other creditors received the sum of $96,770.00 representing 77.97 percent of total liabili ties, -Dividend payments to unsecured depositors amounted to 58,4 percent of their claims. FIRST RATIONAL BANK, KANSAS, OHIO This hank was formerly in conservatorship. ship September 13, 1933. It was finally placed in receiver Depositors and ether creditors received, including offsets allowed, the sum cf $60,401.00, representing 109.56 percent cf total liabilities. Unsecured depositors received 100 percent of their claims plus 12.7 percent interest. FIRST NATIONAL BANK IN, GREENS3URG, KANSAS. This bank was placed in receivership October 12, 1932. Depositors and ether creditors received, including offsets allowed, the sum cf $245,322.00, representing 87.57 percent of total liabilities. Dividend payments to unsecured depositors amounted to 69.78 percent of their claims. FIRST NATIONAL BANK, ARCADIA, INDIANA. This bank was placed in receivership July 3, 1928. Depositors and other creditors received, including offsets allowed, the sum cf $198,494.00, representing 92.92 percent cf total liabilities.. Dividend payments to unsecured depositors amounted to 90.9 percent cf their claims. FIRST NATIONAL BANK, AVON PARK, FLORIDA. This bank was placed in receivership February 18, 1929. Depositors and other creditors received, including offsets allowed, the sum cf $253,256.00, representing 54.01 percent of total liabilities. Dividend payments tc. unsecured depositors amounted tc 30.2 percent cf their claims. BISHOPVIIiLE' NATIONAL BANK, BISHOPVILLE, SOUTH CAROLINA. This bank was placed, in receivership January 12, 1932, Depositors and other creditors received, including offsets allowed, the sum cf $316,740.00, representing 103,78 percent cf total liabilities. Unsecured depositors received 100 percent of their claims, plus 8.24 percent interest. COLUMBIA NATIONAL BANK, COLUMBIA HEIGHTS, MINNESOTA. This bank was placed in receivership June 21, 1932. Depositors and other creditors received, including offsets allowed, the sum cf $269,315.00, representing 87.89 percent cf total liabilities; ed to 71,5 percent cf their claims.. Dividend payments tc unsecured depositors amount FIRST NATIONAL B AM, SHEFFIELD, IO^A. This hank was placed in receivership June 11, 1932. Depositors and other creditors received, including offsets allov?ed, the sum of $276,335.00, representing 92.11 percent of total liabilities. Dividend payments to unsecured depositors amounted to 69.712 percent of their claims. FIRST NATIONAL B AM, CRAIG, NEBRASKA. This bank was placed in receivership January 30, 1933. Depositors and other creditors received, including offsets allowed, the sum of $139,455.00, representing 87.64 percent of total liabilities. Dividend ’payments to unsecured depositors amounted to 78.8 percent of their.claims. PEOPLES NATIONAL BANK, LODI, OHIO. This bank was placed in receivership December 8, 1931. Depositors and other creditors received, including offsets allowed, the sum of $483,697.00, representing 90.12 percent of total liabilities. Dividend payments to unsecured depositors amounted to 88.415 percent of their claims. AMERICAN EXCHANGE NATIONAL B AM, ST. LOUIS, MISSOURI. This bank was formerly in conservatorship. ship December 5, 1933, It was finally placed in receiver Depositors and other creditors received, including offsets allowed, the sum of $2,174,308.00, representing 102,21 percent of total liabilities. Dividend.payments to unsecured depositors amounted to 100 percent plus 3.96 percent interest. FIRST NATIONAL BANK, DOUGHERTY, IOUA, This bank was placed in receivership December 14, 1931. Depositors and other creditors received, including offsets allowed, the sum of $133,287.00, representing 57,23 percent of total liabilities. Dividend payments to unsecured depositors amounted to 41.9 percent of their claims. —4— JOHN TSEDMAN NATIONAL BANK, FARMLR CITY, ILLINOIS. This hank was placed in receivership February 19, 1932. Depositors and other creditors received, including offsets allowed, the sum of $397,452.00, representing 105.17' percent of total liabilities. Dividend payments to unsecured depositors amounted to 100 percent plus 7.02 percent interest. MOUNT EPHRAIM NATIONAL BANK, MOUNT EPHRAIM, NET JERSEY. This bank was placed in receivership October 13, 1933, having formerly been in conservatorship. Depositors and ether creditors received, including offsets allowed, the sum of $156,427.00, representing 82.53 percent of total liabilities. Dividend payments to unsecured depositors amounted to 74.72 percent of their claims FIRST NATIONAL BANK, RIDGEVAY, MISSOURI. This bank was placed in receivership December 23, 1930. Depositors and other creditors received, including offsets allowed, the sum of $95,247.00, representing 88.59 percent of total liabilities. Dividend payments to unsecured depositors amounted to 86.77 percent of their claims. FIRST NATIONAL BANK, NET BERLIN, PENNSYLVANIA. This bank was formerly in conservatorship. ship November 3, 1933. It was finally placed in receiver Depositors and ether creditors received, including offsets allowed, the sum of $236,423.00, representing 102.51 percent of total liabilities. Dividend payments to unsecured depositors amounted to 100 percent plus 3.12 percent interest. FIRST NATIONAL BANK, GARDEN CITY, KANSAS. This bank was.formerly in conservatorship. ship Jul*r 21, 1933. It was finally placed in receiver Depositors and other creditors received, including offsets allowed, the sum of $424,206.00, representing 72.08 percent of total liabilities. Dividend payments to unsecured depositors -amounted to 44.15 percent of their claims FIRST NATIONAL BANK, REPUBLIC, PENNSYLVANIA. This bank was placed in receivership February 13, 1931. Depositors and ether creditors received, including offsets allowed, the sum of $100,641.00, representing 65,37 percent cf tctal liabilities. Dividend payments tc unsecured depositors amounted to 56.68 percent of their claims.. ELKIN NATIONAL BANK, ELKIN, NORTH CAROLINA. This hank was placed in receivership January 26, 1932. Depositors and ether creditors received, including offsets allowed, the sun cf $328,471.00. representing 56.86 percent Of total liabilities. Dividend payments to unsecured depositors amounted to 41.41 percent cf their claims. FIRST NATIONAL BANK, DUNBAR, PENNSYLVANIA. This bank was placed in receivership March 7, 1927. Depositors and other creditors received, including offsets allowed, the sun cf $313,900.00, representing 85.49 percent of total liabilities. Dividend payments to unsecured depositors amounted to 85.5 percent cf their claims. FIRST NATIONAL BANK, AUBURN, WASHINGTON. This bank was placed in receivership October 28, 1930. Depositors and other creditors received, including offsets allowed, the sum of $620,731.00, representing 76.73 percent cf total liabilities. Dividend payments to unsecured depositors, amounted to 66.81 percent cf their claims. FIRST NATIONAL BANK, EATON, COLORADO, This bank was formerly in conservatorship. ship on January 26, 1934. It was finally placed in receiver Depositors and Other creditors received, including off sets allowed, the sum of $368,362.00, representing 106.56 percent of total liabili ties. Dividend payments to unsecured depositors amounted to 100 percent, plus 15.4 percent interest. DAY AND NIGHT NATIONAL BANK, PIKEVILLE, KENTUCKY. Depositors and creditors cf record were paid in full, by assumption cf liabili ties by another bank. Receiver was appointed December 12, 1933 fer the purpose of collecting a stock assessment covering deficiency in value cf assets sold and/or completing unfinished liquidation. Dividends to the sole creditor (the assuming bank) amounted to 83.8472 percent principal. Total disbursements under.this receiver» ship aggregated $77,394.00 representing 98 percent cf total liabilities. INSOLVENT NATIONAL BASKS LIQUIDATED AID FINALLY CLOSED OR RESTORED TO SOLVENCY DURING THE MONTH OE MARCH, 1937 Date of Failure: First First First First First National National National National National Bank, Egan, South Dakota Bank, Northboro, Iowa Bank, Fowler, Kansas Bank, Kansas, Ohio 2/ Bank IN, Greensburg, Kansas First National Bank, Arcadia, Indiana First National Bank, Avon Park, Florida Bishopville National Bank, Bishopville, S. Car. Columbia National Bank, Columbia Heights, Minn. First National Bank, Sheffield, Iowa First National Bank, Craig, Nebraska Peoples National Bank, Lodi, Ohio American Exchange National Bank, St. Louis, Mo. 2/ First National Bank, Dougherty, Iowa John Weedman National Bank, Farmer City, Illinois 10919- 10-32 16-32 10-33 13-33 Total Disbursements Including Offsets Allowed: $ 6 7 ,6 8 9 .0 0 9 7 . 3 m , 00 9 6 , 7 7 0.00 6 o ,U o i.o o 2 ^ 5 ,3 2 2 ,0 0 Per Cent Total Dis bursements To Total Liabilities: m .5 2 6 1 ,3 9 7 7 .9 7 1 0 9 .5 6 Per Cent Dividend Declared To all Claimants; 8 .8 3 u i.m 5 s . 1* 1 1 2 .7 8 7 .5 7 6 9 .7 s 1-12 -3 2 6 -2 1-3 2 6 -11-3 2 19 s, 00 2 5 3 ,2 5 6 .0 0 316 ,71*0 .0 0 2 6 9 ,3 1 5 .0 0 2 7 6 ,3 3 5 .0 0 9 2 ,9 2 5 ^ .0 1 1 0 3.78 8 7 .8 9 3 0 .2 103 .'2*+ 1 - 3 0 -3 3 12— S -3 1 12 - 5-33 12 -1U -3 1 2 - 1 9 -3 2 13 9 /4 5 5 .0 0 U S 3 ,6 97.0 0 2 ,1 7 ^ ,3 0 8 .0 0 133 , 2 8 7.00 397 ,!* 5 2 .0 0 8 7 .6U 9 0 .1 2 1 0 2 .2 1 10 -12 -3 2 7- 3-28 2- 1S-2 9 9 2 .1 1 5 7 .2 3 1 0 5 .1 7 9 0 .9 7 1 .5 8 9 .7 12 7 8 .8 S S .U 15 1 0 3 .9 6 m .9 1 0 7 .0 2 INSOLVENT NATIONAL BANKS LIQUIDATED AND FINALLY CLOSED OR EESTORED TO SOLVENCY DUE IDG MONTH OF MARCH, 1937 Date of Failure: Mount First First First First Ephraim National Bank, Mount Ephraim,N.J *2/ National Bank, Ridgeway, Missouri National Bank, New Berlin, Pennsylvania 2/ National Bank, Garden City, Kansas 2/ National Bank, Republic, Pennsylvania Elkin First First First National National National National Bank, Bank, Bank, Bank, Elkin, Nor th Car 01ina Dunbar, Pennsylvania Auburn, Washington Eaton, Colorado 2/ IO-I3-33 I 2- 23-3O 11— 3-33 7- 21-33 2- 13-31 1- 26-32 3-7-27 IO-2S-30 1- 26- 3 U Total Di shut*sement s Including Offsets Allowed: $ 156 ,^27.00 95,2^7.00 236 ,^23.00 U 2U, 206.00 100 ,6U 1.00 32 S,U71.00 313 ,900.00 620 ,731.00 368 ,362.00 2/ Formerly in conservatorship per Cent Total Disbursementa To Total Liabilities: Per Cent Dividend Declared To All Claimant! 22.53 ss. 59 7^.72 26.77 102.51 72.0S 65.37 103.12 uu 15 56 .6 s 5Ó.S6 U 1 .U1 85.1+9 76.73 IO6 .5O 25.5 66 .Sl 115.U INSOLVENT NATIONAL BANKS LIQUIDATED AND EDIALLY CLOSED OR EESTOHED TO SOLVENCY DURING MONTH OP'.' _ _ ______ MARCH, 1937 - CONT. .. Day and Night National Bank, Pikeville, Ky. 1/ if Wm Date of Failure: Total Disbursements Including Offsets Allowed: 12-I2-33 $ 77,39^.00 Per Cent Total Dis bursements To Total Liabilities; 9S. Per Cent Dividends Declared To All Claimants; 83.8U72 Receiver appointed to levy and collect stock assessment covering deficiency in value of assets sold, or to complete unfinished liquidation. ?Sm