frsbog_mim_v56_index.pdf

27
56 INDEX TO MIMEOGRAPH LETTERS, JANUARY - JUNE, 1942 Air transportation: PMS 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

Upload: fedfraser

Post on 05-Dec-2015

215 views

Category:

Documents


0 download

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