frsbog_mim_v56_index.pdf
TRANSCRIPT
56
INDEX TO MIMEOGRAPH LETTERS, JANUARY - JUNE, 1942
Air transportation:
P M S
Priorities for, memorandum and directive No. 3 sent to FRBanks 0-438 136
Priority travel certificates, instructions for signing S -436 130
American Bankers Association:
Regulation W, monthly statistics re operations of commercial bank lenders, to be compiled by FRBanks and copy sent to R-957 37
Reports on volume and outstandings of consumer instalment credit in commercial banks, statistics to be collected by FRBanks 5-447 157
American nationals in territories where interests of United States are represented by Switzerland, procedure to be followed in extending financial assistance to S-458 182
Appraisal guides:
Used-car guides under Regulation W, list of pub-lications designated for use R-971 62
Association of Life Insurance Presidents:
Regulation W, questions in connection with, presented by, letter re S-454 176
Bank and branch changes, to be reported monthly in-stead of weekly 5-449 165
Bank debits:
Monthly reports to be substituted for weekly and some reporting centers to be added S-452 170
Banking Act of 1933:
Section 2(c), holding company affiliate of member bank, ruling,on, to be published in March issue of FRBulletin S-439 '144
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 - 2 -
Board of Governors:
Members:
Draper, Ernest G., designated, as representative on Censorship Operating Board 3--,423
Business and financial conditions, summary for:
December and first half of January R-949
January and first half of February R-961
February and first half of March R-970
March and first half of April R-976
April and first half of May E--987
Censorship:
Code of Wartime Practices for the American Press and a copy of Rules for the Guidance of Persons Corresponding with Foreign Countries issued by Office of Censorship R-951
FRBank of New York, license issued by Director of, for communication with foreign central banks 3-426
Operating authority re, designation vesting in Office of Censorship signed by Secretary of the Treasury 8-426
Treasury circular No. .113, authorizing Division of Frozen Funds Control of FRBanks to make information available to offices of mil-itary and Naval Intelligence, Army and Navy Censorship, and Department of Justice 8-434
Circulars:
Board of Governors:
R-letters to be discontinued 8-487
S-letters, procedure for distribution of 8-487
113
15
43
60
71
96
19
113
113
128
229
229
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -3- £ M S
Circular's: (Continued)
Treasury:
No. 113, authorizing Division of Frozen Funds Control of FRBanks to make information available to offices of Military and Naval Intelligence, Army and Navy Cen-sorship, and Department of Justice S-^34 128
Clearing and collection:
Clearing accounts, list of State member banks and nonmember banks maintaining, sent to FRBanks, monthly changes in requested by Board * S-423 109
Officers and certified checks held for long period, monthly reports no longer needed S-483 223
Postal money orders:
Copies of letters on collection of R-952 21
Letter from Third. Assistant Postmaster General to Postmaster at Dallas on collection R-964
Codes;
Code covering operations of radio stations, issued by Office of Censorship, copy to be sent to FRBanks R-951 19
Code of Wartime Practices for the American Press, issued by Office of Censorship, copy sent to FRBanks R-951 19
Coin bags, return of empty, cooperation of FRSystem requested by Director of the Mint S-450 166
Committees:
Federal Open Market:
Treasury bills, purchase by FRBanks for System Open Market Account, discount basis for directed by R-980 82
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -4- £ M §
Comptroller of the Currency:
Bulletins, section 5204 of Revised Statutes, applicable to State member banks as well as national banks 3-445 151
Statement issued vdth Board and FDIC on reduction of individual debt R-985 94
Condition reports:
Forms for next call and instructions S-514 273
Published statements of State member banks and affiliates, Forms 105e and 220a to be filed at FRBanks S-461 18?
Social Security taxes, opinion of Board that they should not be classified as deposits, but should be shown as "Other liabil-ities" . 3-476 214
Conferences:
Fiscal agency, letter from Mr. Szymczak to Mr. Bell on conclusions regarding R--954 27
Currency holdings, report on amounts held by State governments and local government units, requested by Board R-944 6
Debt:
Reduction of, by individuals encouraged, press statement on R-985 94
Defense contracts:
Executive Order No. 9001 authorising War and Navy Departments and Maritime Commission to perform functions pertaining to Govern-ment contracts, copy sent to FRBanks R-943 1
Information requests by:
Navy Department re the awarding of, Defense Contract Officers asked to send Board Copy of the reports . 3-427 118
War Department re the awarding of, Defense Contract Officers asked to send Board copy of the reports 3-419 101
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -5-
Defense Savings Bonds:
Pay roll allotment plan:
Form for reporting sales to Secretary of Treasury, sprae information requested by Board , S-429 120
Secretary Morgenthau's letter requesting in-formation re, sent to FRBanks that had not received it S-435 129
Deposit s:
Accounts of local loan agencies of RFC, legal au-thority of FRBanks to open S--511 264
Savings, rumors re Government confiscation of:
Denial by Secretary Morgenthau, press statement re R-947 3.2
Denial by Under Secretary of the Treasury R-946 8
Social Security taxes, opinion of Board that they should not be classified as deposits, but should be shovm as "Other liabil-ities" in condition reports 8-476 214
Director of the Mint:
Coin bags, correspondence on return of empty S-450 166
Directors:
FRB&nk of Boston:
Creighton, Albert M., appointed Class C director for unexpired portion of term and des-ignated Chairman and FRAgent E-943 14
Curtiss, Frederic H., Chairman, succeeded by Mr. Albert M. Creighton R-948 14
FRBank of Dallas;,
Briscoe, Dolph, appointed Class C director for unexpired portion of term R-955 30
Cozzo, J. B., appointed Deputy Chairman for re-mainder of 1942 R-955 30
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -6~ Page
Directors: (Continued)
FRBank of Dallas: (Continued)
Taylor, Jay, appointed Chairman for 1942 R-955 30
Earnings and expenses of FRBanks for 1941, press statement on R-945 7
Executive Orders:
No. 9001 authorizing War and Navy Departments and Maritime Commission to perform functions pertaining to Government contracts, copy sent to FRBanks R -943 1
No. 9112:
Loans by national banks under, correspondence between Board and Comptroller of the Currency re R--974 67
Provisions of H. ft. 6868 in connection with R -978 73
Publicity re operations under, not to be given out by FRBanks 3-502 256
Office of Censorship, establishment of 8-426 113
Federal Advisory Council:
Members:
Transportation tax, exempt when on official business 3-442 148
FRAct:
Section 14(b), amendment contained in Second War Powers Act, statement sent to FRBanks R-972
FRAgents:
oj
Creighton, Albert M., FRBank of Boston, designation for 1942 R - 9 4 8 14
Taylor, Jay, FRBank of Dallas, appointment of R-955 30
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -7- ZSSS
Federal Deposit Insurance Corporation:
Statement issued with Board and Comptroller of the Currency on reduction of individual debt R--985 94
FRBank of New York:
Censorship, license issued by Director of, for com-munication with foreign central banks S-426 113
FRBanks;
Deposit accounts for local loan agencies of RFC, legal, authority to open, letter re sent to S-511 264
Division of Frozen Funds Control:
Treasury circular No. 113, authorizing to make information available to offices of Military and Naval Intelligence, Army and Navy Censorship, and agents of the Department of Justice, questions re to be submitted to Board S-434 128
Earnings and expenses for 1941, press statement on R-945 7
Fiscal agency conferences, conclusions reached by Messrs. bzymczak and Bell, summarized in letter to Mr. Bell R-954 27
Fiscal agency expenses, vouchers requesting reimburse-ment for S-425 111
Functional expense reports:
Manual of instructions governing preparation:
Revised pages forwarded R-982 85
Revised pages forwarded. R--988 98
Holidays: (See Holidays)
Officers and employees, data on attendance at Graduate School of Banking R-958 39
Postal money orders, collection of:
Copies of letters re R-952 21
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -8- Page
FRBanks: (Continued)
Postal money orders, collection of: (Continued)
Letter from Third Assistant Postmaster General to Postmaster at Dallas R-964 A3
Protective measures taken against sabotage and air raids, summary of reports on R-966 51
Financial assistance to American nationals in ter-ritories where interests of United States are represented by Switzerland, procedure for 3-458 182
Fiscal agency conferences, letter to Mr. Bell, sum-marizing conclusions on holding of R-954 27
Fiscal agency expenses of FRBanks, vouchers, requesting reimbursement 3-425 111
Forms:
Bank debits, monthly reports to be substituted for weekly ones, copy of revised form sent to FRBanks S--452 170
Condition reports of State member banks end affil- . iates, copies and instructions for next call sent to FRBanks _ 3-514 273
Consumer Credit, statistics re commercial bank lenders, suggestions for compiling, copy of form sent to FRBanks S-447 157
Savings bonds under pay roll allotment plan, report on sales to Secretary of Treasury, also requested by Board 8-429 120
War loan guarantees, applications for:
Form sent to FRBanks 0-464 192
Revised form, copy sent to FRBanks S-521 283
F. R. 105e rmd 220a, published statements of State bank members and affiliates, to be ex-amined end filed at FRBanks 3-461 187
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -9- Page
Forms: (Continued)
F. 296, for use in reporting interest and discount rates, supply sent to FRBanks, report hereafter to be submitted quarterly in-stead of monthly S-5.1.0 263
F. R. 412, reports of bank and branch changes, to be made on monthly basis instead of weekly S-449 165
F. R. 494, officers' and certified checks held for a long period, report on, need no longer be submitted . S-483 223
F. R. 563-a, revised registration statement, copies sent to FRBanks R--956 31
F. R. 564, changes in Statement of Borrower permitted to registrant 3-440 145
F. R. 577, guaranteed war loans, to be used until new form of report is preoared, supply sent to FRBanks R-975 70
F. R. 579, guaranteed war loans, to bfe used until new form of report is prepared, supply sent to FRBanks R-981 83
F. R. 581, for reporting applications for loans and guarantees under Executive Order No. 9112, supply sent to FRBanks S-505 258
P. D. 8O4, points in connection with reports, requests of Treasury Department S-425 112
Functional expense reports of FRBanks:
Manual of instructions governing preparation:
Revised pages forwarded R-982 85
Revised pages forwarded R-988 98
Government contracts:
Executive order No. 9001 authorizing War and Navy Departments and Maritime Commission to perform functions pertaining to R-943 1
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -10- P M S
Government securities:
Advances on, amendment to Regulation A R-967 54
Purchase and sales of bonds, notes, etc., amendment to sec. 14(b) of FRAct R-972 63
Governments:
State and local units, currency holdings to be reported R-944 6
Graduate School of Banking at Rutgers University:
Attendance of officers and employees of FRBanks, data requested R-958 39
Holding company affiliates:
Section 2(c) of Banking Act of 1933, ruling on, to be published in March issue of FRBulletin S-439 144
Holidays:
Board of Governors:
Washington's Birthday, offices to be closed R-953 26
Memorial Day, offices to be closed R-977 72
FRBanks and branches, list of dates to be observed by:
February:
Lincoln's Birthday, list that will not observe R-953 26
Mardi Gras Day, to be observed by Birming-ham and New Orleans Branches R-953 26
Washington's Birthday R-953 26
March R-960 42
April R-968 57
May R-977 72
Memorial Day, list that will not observe R-977 72
.Tune R-986 95
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 —11—
Interpretations:
Regulation Dj instalment paper, question of balance in a "differential account" in connection with contracts for purchase of, conclu-sions reached by Board S-441 146
Regulation T:
Loan to a general partner to enable him to make a contribution of capital to the firm, secured by securities not registered on any national securities exchange, permissible S-459 185
Odd-lot dealer, considered to be "acting", in spite of entrance into armed forces S-451 169
Revised Statutes, section 5204, applicable to State member banks as well as national banks S-445 151
Joint statement issued by Board, Comptroller of the Currency, and FDIC on reduction of individual debt R-985 94
Leased wire system, Expenses for:
December R-950 17
January R-959 40
Legislation:
FRAct, section 14(b), amendment contained in, state-ment re sent to ERBanks R-972 63
H. R. 6868, Sixth Supplemental National Defense Appropriation Bill, provisions in connection with Executive Order No. 9112 K-978 73
Second War Powers Act, amendment contained in, to Section 14(b) of FRAct, statement re sent to i'RBanks R-972 63
Life insurance companies, questions as to registration under Regulation W 8-454 176
Loans:
Individuals for non-productive purposes, amortization of, press statement on R-985 94
Industrial, revision of Regulation S to aid in war financing R-979 75
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56
Manuals:
-12-
FunctiOnal expense reports, manual governing preparation:
Revised pages forwarded to FRBanks
Revised pages forwarded to FRBanks
Revision of pages to provide for "Victojy Fund Committee"
Maritime Commission:
Certificate to be used in connection with guaran-tees of war loans
Mimeographed letters:
R-letters, to be discontinued
S-letters, procedure for distribution of
National banks:
Loans made under JSxocutive order 9118, limitations on
Nonmember banks:
Clearing accounts with FRBanks, list of thooe main-taining sent to FRBanks, monthly changes in requested by Board
Office of Censorship:
Executive order establishing und prescribing func-tions and duties
Operating authority re censhorship matters, desig-nation vesting in signed by Secretary of the Treasury
Par list:
Data, revised instructions for reporting for annual list and monthly supplements, sent to FRBanks
R-982
R-988
R-9G8
R-974
85
'98
98
S-489 235
8-487 229
67
S-423 109
S-426a 115
8-426 11S
8-448 163
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -13-
Pey roll allotment plan for savings bonds: (Continued}
Form for reporting Sales to Secretary of Treasury, same information requested by Board S-429 120
Secretary Morgenthau's letter requesting informa-tion ra, sent to FRBanks that had not received it S-435 129
Postal money orders:
Collection of:
Copies of letters re sent to FRBanks R-952 21
Letter from Third Assistant Postmaster General to Postmaster at Dallas R-9 64 48
Press statements:
Briscoe, Dolph, appointed Class C director for unex-pired portion of term at FRBank of Dallas R-955 30
Business and financial conditions, summary for:
December and first half of January R-949 15
January and first half of February R-961 43
February and first half of March R-9 70 60
March and first half of April R-976 71
April and first half of May R-987 96
Cozzo, J. B., appointed Deputy Chairman at FRBank of Dallas for 1942, . R-955 30
Creighton, Albert M., appointment as Class C Director at FRBank of Boston and. desig-nation as Chairman and FRAgent R-948 14
Earnings and expenses of FRBanks for 1941 R-945 7
Reduction of individual debt through amortization of bank loans, encouraged R-985 94
Regulation A, amendment to section 2(b), regarding advances on Government obligations, adopted R-969 59
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -14-
Press statements: (Continued) ?age
Regulation D, amendment adopted to permit member banks in central reserve cities or in cities in which a FRBank or branch is loacated to compute reserves on a weekly-basis R-962 45
Regulation V, War Financing, adoption of, after con-sultation with War and Navy Departments and U. S. Maritime Commission R-973 65
Regulation W:
Amendment So. 3 adopted, principal provisions • listed R-965 50
Amendment Mo. 4 adopted, principal provisions listed R-983 87
Rumors re confiscation of savings deposits by Gov-ernment , denial by Secretary Morgenthau R-947 12
Taylor, Jay, appointed Chairman and FRAgent at FRBank of Dallas for .1942 R-955 30
Treasury bills, purchase by FRBanks for System Open Market Account, discount basis for directed by Federal Open Market Committee E-980 82
Priorities:
Travel on scheduled sir carriers:
Memorandum and directive No. 3 sent to FRBanks S-438 136
Recommendation to FRBanks that authority for signing certificates be restricted S-456 130
Protective measures taken against sabotage and air raids, summery of reports of FRBanks on R-966 51
Publications:
Code of Wartime Practices for the American Press, issued by Office of Censorship, copy sent to FRBanks R-95.1 19
Par list, data, revised instructions for reporting annual list and monthly supplements, sent to FRBanks S-448 163
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -15-
Publicity as to operations under Executive Order 9112, not to be given out by FRBanks 8-502 256
Radio stations:
Code covering operations of radio stations, issued by Office of Censorship, copy to be sent to FRBanks R-951 19
Rates:
Interest and discount in effect, reports to be sub-mitted quarterly instead of monthly S-510 263
Reciprocal interbank balances, instructions for report-ing S-514a 275
Reconstruction Finance Corporation:
Deposit accounts for local loan agencies, legal authority of FRBanlcs to open, letter re 8-511 264
Rediscounts:
Regulation a, amendment to section 2(b) regarding advances on Government obligations, adopted, copy of press statement sent to FRBanks R-967 54
Regulations, Board of Governors:
A, Discounts for and Advances to Member Banks, amendment to subsection (b) of section 2 regarding advances on Government ob-ligations, adopted, copy of press statement sent to FRBanks R-967 54
D, Reserves of Member Banks:
Amendment adopted t p e r m i t member banks in central reserve cities or in cities in which a FRBank or branch is located to compute reserves on a weakly basis R-962 45
.Amendment to sections 3 and 4 R-963 46
Instalment paper, contracts for purchase of, conclusions of Board as to deposits against which reserves must be main-tained 8-441 .146
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
VJ h, Consumer Credit:
Amendment % . 3:
56 —2.6—
Regulations, Board of Governors: (Continued)
D, Reserves of Member Banks: (Continued)
Section 3, Computation of deficiencies, and sec-tion 4, Loans and dividends while reserves are deficient, amendment to R-965 46
Weekly computation period ending on Friday for central reserve and reserve city banks approved ti-443 149
S, Industrial loans by FRBanks, revised to facil-itate war financing, FRBanks requested to advise Board of number of copies needed R-979 75
T, odd -lot dealer, considered to be "acting" in spite of entrance into armed forces S-451 169
V, v«'&r Financing:
Adoption of, after consultation witii vv&r and Navy Departments una U. S. Maritime Com-mission, copy seat to FRBanks R-973 65
Publicity re operations under, not t j be given out by FRBanks S-502 256
Adopted, principal provisions, copy sent to FRBanks R-965 50
Effect on a prior bona fide commitment to make a subsequent sale or loan, reply to questions regarding S-455 179
.Amendment No. 4 adopted, principal provisions of R-983 87
Appraisal guides, list of publications designated for use R-971 62
Association of Life Insurance Presidents, ques-tions presented as to registration of life insurance companies £-454 176
Balance to be paid in 3 equal monthly instal-ments followed by one instalment of less amount, permissibla 3-479 217
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -17-
Page
Regulations, Board of Governors' (Continued)
W, Consumer Credit: (Continued)
Bowling alleys not included but bowling pins and balls are included S-517 278
"Carrying", meaning of word in section 8(b) same as in section 3(b) S-516 277
Charge account in default, bad debts charged off or absorbed in reserve does not relax prohibition of section 5(b) 8-499 253
Charge account of partnership and personal charge accounts of individual partners are separate accounts 5-437 251
Charge accounts, single-payment loan used to re-tire charge accounts'arising from sale of unlisted articles, may be renewed or extended S-498 252
Classification of items, letter re 8-474 205
Classification of items for S-481 220
Down payment, pay roll deduction orders as S-513 272
Electrical hearing devices, not classed as listed articles S-493 240
Enforcement program, copy of outline sent to FRBanks 5-496 246
Fire insurance premiums, financing of, copy of letter re sent to FRBanks S-495 244
Fur coats, storage and repair service, not .in-cluded within meaning of section 5(c) 8-509 262
Group F:
Items included in, copies of letter and tele-gram rs sent to FRBanks £-437 135
Materials and services included in S-463 190
Information to branch offices, responsibility of FRBanks for sending 8-518 279
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 - 1 8 -
Page Regulations, Board of Governors: (Continued)
w, Consumer Credit: (Continued)
Instalment obligations prior to Amendment No* 3, revision to extend maturity without requiring Statement of Necessity S-456 180
Interpretations:
Amendment No. 3, list of interpretations affected by, (is-129) S-446 156
Coal stokers, rating and classification of, (W-130) ' S-453 174
Distinction between an instalment loan credit and an instalment sale credit, (W-124) S-424 110
First mortgage is "first lien" under section 6(a), regardless of status of any property taxes, (itf-127) S-432 125
Floor coverings, list of articles Included and not included in classification, (W-132) 8-460 186
Group E-l includes materials and services used in erecting new fence or in replacing existing fence on property where there is an existing structure, (W-122) ' 8-420 105
List affected by revised regulation 8-475 207
Persons engaged in extending credit are re-quired by section 3(a) to register, even though entitled to other exemptions, (W-126) 3-431 125
Renewals or revisions of single-payment-loan made prior to May 6, 1942, no re-strictions placed on, (WR-l) S-472 202
Second mortgage considered as first lien under section 6(a) as long as both notes are held by sane lender, (v«-128) S-444 150
Section 5(d), Statement of Borrower need be obtained only from party who receives proceeds of loan, (W-125) 8-428 119
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -19-
Ps.ae
Regulations, Board of Governors: (Continued)
W, Consumer Credit: (Continued)
Interpretations: (Continued)
Section 5(f), words "down payment" refer to the down payment required by Reg-ulation, (tV-123) S-421 106
Jewelry, articles included in classification of S-491 23?
Lamp shades and fluorescent' lights, separate shades not subject to S-474-a 206
Loans for purchasing or carrying building and loan shares, are exempted from S-484 £24
"Materials and services" in Group C, inter-pretation of 8-507 260
Monthly statistics re operations of commercial bank lenders, to be compiled by FRBanks R-957 37
Organization registered under, may change dis-trict without registering again 3-469 199
Overdraft resulting from drawing of check is an extension of credit, but is not sub-ject to 3-501 255
Pawn transaction in which pawnor is net under personal obligation to repay pawn-broker, not subject to S-506 259
Pool tables and equipment, included in sec-tion 13(a) S-517 278
Registration statements, F. R. 563-a, revised .form, copies sent to FRBanks R-956 31
Requirements in case where obligor is unable to mako monthly payment on time S-422 107
Residential building does not include a house-boat or trailer 8-519 280
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 - 2 0 - Page
Regulations, Board of Governors: (Continued)
»Vj Consumer Credit: (Contihued)
Sale of listed article in charge account with agreement for credit to bo converted into instalment contract, violation of sections 5(a). and 11(a) S-471 201
Sales in charge accounts, letter sent to FRB&nks 5-485 226
Savings passbooks, not "investment securites" under section 8(b) S-515 277
Section 4(c), requires instalments pf not less then |5 per month or #1.25 per week on aggregate instalment indebtedness, even if cash price of each article is $6 or less S-500 254
Section 5(c)(1), statement of transaction given only to party receiving proceeds of loan S-428 119
Section 6(a), extension of credit secured by first lien on improved real estate duly recorded, is exempt 8-430 122
Section 6(b) refers to a loan to retire an obli-gation hold elsewhere, whereas section 7(c)(1) refers to the renewal or exten-sion of an obligation held by the registrant S-494 242
Section 8(c), copy of telegram re sent to PRBanks S-418 99
Silver-backed toiletware, included in Group A-38 of section 13(a) S-473a 204
Silverware, classification includes silvor-bucked toiletware S-473 203
Single-payment loan made before May 6, renewals or revisions not prohibited 8-490 236
Slip covers, included under section 15(a), Group A, I tarn 7 as "draperies'* S--503 257
Statement of Borrower, changes by registrant permitted in iorifl 554 S-440 145
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56
-21-
Regulations, Board of Governors: (Continued)
?*, Consumer Credit: (Contiued)
Statement of Transaction:
better re application-of section 4(d) to cases in which a "coupon book" is used S-480 218
Requirements of section 4(d) will be met if given promptly to obligor, irrespective of whether it is given by seller or by some other person S-477 215
Statistics re commercial bank landers, sugges-tions for compiling, copy of report form sent to FRBartks S-447 157
Still cameras, classification does not include photographic-equipment for photoengraving or lithographing 3-457 181
Tables of corresponding sections as revised , May 6, 1942 and as effective March 23,
3.942 R-984 91
Upholstery, classed as listed article S-492 238
Water, gas, and. electricity, sale considered to take place on date meter is read. S-504 £57
"wearing apparel, it emu included in classifi-cation S-481-a . 231
Wind-charging light plant, included in Group E 8-435 126
Reports:
Bank debits, monthly reports to bo substituted for weekly ones, beginning with month of May, copy of revised form sent to FfiBanks 8-452 170
Condition reports of State member banks and affil-iates, copies and instructj ons sent to ERBanks 6-514 275
Currency holdings, reports requested on amounts held by State governments and loyal government units R-944 6
F. R. 581, for reporting applications for loans and guarantees under Executive Order No. 9112, supply sent to FRBanks S-505 258 Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -82-
Reports: (Continued)
Reserves;
Pa
Interest and discount rates, supply of form F. R. 296 sent to FRBanks, report hereafter to be submitted quarterly instead of monthly 8-510 863
Officers' and certified checks held for a long per-iod, report on form F. R. 494, need no longer be submitted S-483 223
Regulation Vt:
Monthly statistics re operations of commercial bank lenders, to be compiled by FRBanks R-957 37
Statistics re commercial bank lenders, sugges-tions for compiling, copy of report form sent to FRBanks S-447 157
Savings bonds under pay roll allotment plan, form for reporting sales to Secretary of the Treasury and Board 8-429 120
War Savings Program, summary of May reports of ERBank liaison officers, no need for further submission of monthly reports 8-512 266
Computation on weekly basis instead of semiweekly basis:
Amendment to Regulation D R-962 45
Amendment to Regulation D R-963 46
Instalment paper, contracts for purchase of, con-clusions of Board on 8-441 146
Loans and dividend3 while reserves are deficient, unlawful, amendment to Regulation D R-963 47
Weekly computation period ending on Friday for can-tral reserve and reserve city banks, approved S-443 149
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -23-
Resolutions, Board of Governors:
Regulation D, amendment to section 5, Computation Of deficiencies, and section 4, Loans and dividends while reserves are defi-cient R-963 46
Revised Statutes:
Section 5200, applicability to war loans made by national banks, letter sent to FRBanks S-478 216
Section 5204, interpretation as relating to State member banks as to withdrawal of capital and payment of unearned dividends 8-445 151
Rulings:
Holding company affiliates, section 2(c) of Banking Act of 1933, ruling on, to be published in March issue of FRBulletin S-439 144
Rumors:
Confiscation of savings deposits by Government:
Denial by Secretary Morgenthau, press statement re R-947 12
Denial by Under Secretary of the Treasury R-946 8
Sabotage, protective measures taken by FRBanks against Ii-966 51
Savings deposits:
Rumors re Government confiscation of:
Denial by Secretary Morgenthau, press statement re R-947 12
Denial by Under Secretary of the Treasury R-946 8
Secretary of the Treasury:
Office of Censorship, authority to issue licenses and exemptions vested in by Secretary of the Treasury 8-426 113
Rumors re confiscation of savings deposits by 'Gov-ernment , denial of by Secretary Morgenthau, press statement re R-947 12
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -24-
Securities exchange administration:
Credit to general partner of firm to enable him to make contribution of capital to firm 8-459 185
Odd-lot dealer, considered to be "acting" in spite of entrance into armed forces S-451 169
State Department:
Financial assistance to American nationals in territories where interests of United States are represented by Switzerland, procedure to be followed in extending 8-458 182
State member banks:
Clearing accounts with FRBanks, list of those main-taining sent to FRBanks, monthly changes in requested by Board S-423 109
System open market account:
Treasury bills to be purchased by FRBanks on dis-count basis at rate of 3/8 per cent R-980 82
Taxes:
Social Security, opinion of Board that they should not be classified as deposits, but should be shown as "Other liabilities" in condition reports S-476 214
Transportation of persons, Federal advisory Council members exempt when on official business S-442 .148
Transportation:
Priorities for travel on air carriers:
Memorandum and directive No. 3 sent to FRBanks 8-438 136
Recommendation to FRBanks that authority for signing certificates be restricted S-426 130
Traveling expenses:
Members of Federal Advisory Council exempt when trav-eling in official capacity 6-442 148
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -25-
Treasuzy bills:
P a g e
Purchase by FRBanks for System Open Market Account, discount basis for directed by Federal Open Market Committee R-980 82
Treasuiy Department:
Coin bags, return of empty, cooperation of FRSystem requested by Director of the Mint S-450 166
Savings deposits, denials of rumors re Government confiscation of . R-946 6
Vouchers requesting reimbursement for fiscal agency expenses, desirable changes noted 8-425 111
Violations:
Regulation W, outline of enforcement program sent to FRBanks S-496 246
Vouchers:
Fiscal agency expenses, reimbursement for, desirable changes noted S-425 111
Reimbursement for expenses connected with making of war loans> instructions re R-S82 86
War financing:
H. R. 6868, Sixth Supplemental National Defense Appropriation Bill, provisions in con-nection with Executive Order No. 9112 R--978 73
Regulation"S, revised to facilitate, FRBanks re-quested to advise Board of number of copies needed R-979 75
War loans:
Advance payments to contractors, General Directive No. 98 issued by War Department S-419 101
Applications for guarantees and loans, number to be reported each week 5-468 198
Executive order Mo. 3112, loans by National banks under, correspondence between Board and Comptroller of the Currency re R-974 67
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 —26—
War loans: (Continued)
F. R. 577, to be used for guaranteed, until prep-aration of new form, supply sent to FRBanks R-975 7.0
F. R. 581, for reporting applications for loans and guarantees, supply sent to iRBanics S-505 268
Guarantee agreements:
Certificate of Maritime Commission, copy sent to FRBanks S-489 233
Procedure to be followed by FRBanks in execu-tion of, suggestion of War Department S-467 197
Procedure to be observed in execution of S-482 222
Standard form of, memo re from War Department, special condition to be inserted in section 13 8-488 231
Guaranteed:
F. R. 577 to be used until preparation of how form, supply sent to FRBanks R-975 70
F. R. 579 to be used until preparation of new form, supply sent to FRBanks R-981 83
To be secured by assignment of contracts, funds to be released immediately upon execution of assignment by contractor:
Approved by Navy Department S-508 261
Approved by Department 8-470 200
. Guarantees:
Applications for:
Form sent to FRBanks • S-464 192
Revised form, copy sent to FRBanks .3-521 283
To be accompanied by statement of neces-sity from reliable source , 3-465 195
Made by FRBanks as fiscal agents, answers to certain questions that have arisen in connection with 8-486 228
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
56 -27-
' Pa Re
War loonsi (dontluued)
Guarantees: (Continued)
Procedure re execution of pursuant to authori-zations given by War Department 5-462 188
To be executed by armed services or Maritime Commission, request that all communica-tions re be sent in duplicate to Board S-466 196
Publicity re operations, not to be given out by FRBanks S-502 256
Regulation V, press statement on adoption of R-973 65
Reports:
On industrial concerns to Navy Department, cop-ies to be furnished to Board 3-427 118
Type and scope of those submitted in addition to regular ones S-520 £81
Section 5200, Revised Statutes, applicability to loans made by national banks, letter sent to FRBanks S-478 216
Vouchers for reimbursement for expenses in connec-tion with, instructions for submitting R-982 86
War Savings Program:
Monthly reports of FRBank liaison officers, summary for May sent to FRBanks, no need for further submission S--512 266
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis