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FEDERAL HESERVE BANK OF NEW YORK CIRCULARS FOR THE YEAR 1970
OH CERTAIN OPERATIONS AND ACTIVITIES INCLUDING THOSE AS FISCAL AGENT OF THE UNITED STATES
l S '/ i
Circulars Nos. 6464 - AT6666
(No Operating Circulars Included)
VOLUME 44
Index starts on next page
(A cumulative index of circulars issued during the year 1914-1945 (Nos. 1-3044) is contained in Volume 22; indexes of circulars issued during the years 19^6-69 (»os. 6269-6463)are contained in volumes 22-4 3, respectively.)
Circulars Division
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INDEX OF CIRCULARS 01 THE FEDERAL RESERVE BANK OF NEW YORKFor the Year 1970
Circulars Nos. 6464 - AT6666
Volume 414-C i r c u l a r
No.ADVANCES AND DISCOUNTS
Interpretation of Regulation A--Eligibility for Discount of Mortgage Company Notes, January 20,1970 .............................................. 646 9
Amendments to Regulation A Eliminating Negotiability Requirements for Discounts and Advances, April 9,1970 .............................................. 6520Reprint of Regulation A as amended April 16, 1970 . at6558a
Amendments to Regulation A, effective November 23,1970, December 1, 1 9 7 0 ........................... 6648
Changes in Reserve Requirements on EurodollarBorrowings Under Regulations M and D--Reductionsin Discount Rates, December 1, 1970 ............ 6646
Changes in Member Bank Borrowing Procedures,December 17, 1970 ............................... at6657
ANNUAL STATEMENTOf this Bank for the year 1970 (Fifty-fifth),January 12, 1 9 7 0 ................................. 6466
APPOINTMENTSFederal Advisory Council, member of for 1971--
John M. Meyer, Jr., November 20, 1970 .......... 664lDirectors, December 28, 1970 ....................... 6663
BALANCE OF PAYMENTS (see VOLUNTARY FOREIGN CREDIT RESTRAINT PROGRAM)
BANK HOLDING COMPANY ACTChange in Board of Governors* Procedures on Bank Mergers and Holding Company Applications,April 22, 1970 .................................... 6528
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Interpretation of Regulation A--Eligibility for
Discount of Mortgage Company Notes, January 20,1970 .............................................. 6469
Transmittal letter for new size Regulations K and L,February 99 1970 ................................. at6484
Securities of Member State Banks--Copies of AmendedRegulation F and Related Forms, February 11, 1970. at6485
Regulation H, As Amended Effective March 18, 1969,February 20, 1970 ............................... at6493
Amendment to Regulation K, effective March 3, 1970,March 11, 1970 ................................. .. 6505
Regulation N, As Amended Effective February 13, 1962,April 9, 1970 ................................... at6519
1
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Index of FederalReserve Bank CircularsNos. 6464 - AT6666 2
CircularNo.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (Continued)Amendments to Regulation A Eliminating Negotiability
Requirement For Discounts and Advances, April 9,Interpretation of Regulation L--Interlocking
Relationship Betveen Member Bank and Credit CardSubsidiary of Another Bank, April 30, 1970 ........ 6532
Interpretation of Regulation L--InterlockingRelationship Between Member Bank and Bank HoldingCompany, May 22, 1970 ............................. 6547
Rules Regarding Delegation of Authority--Amendment Effective May l4, 1970 and Reprint as AmendedEffective April 2, 1970, June 1, 1970 ............ 6552
Regulation A as Amended Effective April 16, 1970 . . . at6558a Payment of Interest on Time and Savings Deposits-- Revision of Operating Circular No. 15, June 29,1970 ................................................ 6565
Rules of Practice for Formal Hearings, as RevisedEffective August 1, 1967* June 30, 1970 .......... at6566
Amendment to Rules Regarding Delegation of Authority,effective August 25# 1970, September 2, 1970 . . . . 6600
Amendment to Rules Regarding Delegation of Authority,effective September 16, 1970, September 24, 1970 . . 6608
Arthur Burns letter dated October 26, 1970 on use of interbank deposits as compensating balances for loans to individuals connected with the depositingbank, October 26, 1 9 7 0 ............................. at6625
Regulations Relating to Branches of Federal Reserve Banks as Amended Effective January 1, 1947#November 9# 1970 ............. .................. .. . at6633
Reprints of Regulation I, as amended February 1, 1963, Regulation J, as amended effective October 1, 1969#Regulation 0, as amended effective March 15# 1963,November 24, 1970 ................................. at6642
Changes in Reserve Requirements on EurodollarBorrowings Under Regulations M and D--Reductions in Discount Rates, Supplement to Regulation D, as amended effective January 1, 1971# Amendment to Regulation M, effective January 7, 1971# December 1,1970 ............................................................................................................ 6646
Reprints of Rules Regarding Availability of Information as amended effective July 4, 1967# Regulation S as adopted effective April 3# 1963# December 14, 1970 . at6653
BUFFALO BRANCHChange in Buffalo Branch’s Mailing Address, May 20,1970 ................................................ 6545
CHECKS (INCLUDING NONCASH ITEMS)Greater Kansas City Clearing House Association,
January 29, 1970 .................................... 6480Stolen or Defective Postal Money Orders, March 10,1970 ................................................ at6503
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Index of FederalReserve Bank CircularsNos. 6k6k - AT6666 3
CircularNo.
CHECKS (INCLUDING NOMCASH ITEMS) (Continued)Restriction on Payment of Treasury Checks Issued to
phillippine Residents--Amendment to TreasuryDepartment Circular No. 21, June 15, 1970 .......... 6556
Par Clearance of Checks Drawn on All Banks inMississippi, effective July 1, 1^70, June 2k-, 1^70. . 6562
July 3, I970--a Bank Holiday in Hew Jersey, June 25,1970 ..........................................................................................................at6^63
Insolvency of Eatontown National Bank, August 10,1970 ................................................ ato567
Reasons for Charge Back of Unpaid Checks Dravn onEatontown National Bank, Eatontown, N.J., August l4,1970 ................................................ ato588
Holidays to be Observed by This Bank EffectiveJanuary 1, 1971> December 16, 1970 ................. 0656
Par Clearance of Ciaecks Drawn on All Banks InTennessee, effective January 1, 1971# December 16,1970 ................................................ 6657
COLLECTIONSHandling of Food Stamp Coupons by Commercial Banks,
May 29, 1970 ........................................ 6551Reporting Losses of Food Stamps in Transit,September 24, 1970 ................................. 6607
New $5 Food Coupons, December k , 1970 ................. 6650CURRENCY
Currency and Coin--Revision of Operating Circular No. 3dated November 18, 1970 ............................. 6640
DEPOSITSPayment of Interest on Time and Savings Deposits--
Revision of Operating Circular No. 15> June 29, 1970. 6565
DEPOSIT OF PUBLIC MONEYSAmendment to Treasury Department Circular No. 92,
April 2, 1970 ........................................ 6516
DIRECTORSResignation of Arthur K. Watson as Class B Director,
May X, 1970 .......................................... 6534Election ofJuly 17, 1970--Nominated and election to choose
successor for the unexpired portion of term endingDecember 31, 1970, selected by Group 1 ............. 6576
August 25, 1970--W.D. Eberle nominated by Banks inGroup 1 .............................................. 6594
September 10, 197O--elected for the Unexpired Portionof Term Ending December 31, 1 9 7 ° ................... 6602
Election ofOctober 7, 1970--Nominated and election to choose successors to the two directors selected by Group 1, whose terms expire December 31> 1970 6613
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Index of FederalReserve Bank CircularsNos. 6464 - AT6666 4
CircularNo.
DIRECTORS (Continued)Election of (Continued)
November 16, 1970--Nominated and election to choose successors to the two directors selected by Group1, whose terms expire December 31, 1970 .......... 6636
December 2, 1970--William S. Renchard, elected W.D.Eberle, reelected for three-year term beginningJanuary 1, 1 9 7 1 ................................... 644 9
Apointment of Directors, December 28, 1970 .......... 6663
DIRECTORYDirectory of New Jersey, Cumulative Supplement No. 11,
dated February 10, 1970 ............................. at6588bHistorical Directory of the banks of the State of New
York, Cumulative Supplement No. 10, datedFebruary 28, 1970 ................................... at6622
FEDERAL RESERVE BANKTelephone Directory of this Bank dated February, 1970 . at6486a Delay in the mail service due to Postal Strike in
New York City, March 18, 1970 ....................... at6509Resumption of mail service, March 30, 1970 .......... at6512Change in Buffalo Branch’s Mailing Address, May 20,
1970 ................................................ 6545GOVERNMENT CHECKS
Restriction on Payment of Treasury Checks Issued to Phillippine Residents--Amendment to Treasury Department Circular No. 21, dated April 22, 1970,June 15, 1970 ........................................ 6556
MARGIN REGULATIONSChanges in List of 0TC Margin Stocks, January 27,1970 ............................................ .. . at6475
Interpretations of Regulations G and T, February 27,1970 ................................................ 6 500
Applicability of Regulations G, T, and U to AT&TIssue of Debentures, April 10, 1 9 7 0 ................. 6521
Applicability of Regulations G, T, and U to AT&T Issueof Debentures, April 15, 1970 ....................... 6523
Amendment to Regulaton T, Certain Credit By InsuranceCompanies, effective May 15, 1970, April 17> 1970 . . 6525
Amendments to Regulations T and U--Arbitrage Credit,effective May 1, 1970, May 4, 1970 ................. 6535
Interpretation of Regulations U and G, May 5, 1970 . . 6536 Margin Requirements Lowered, effective May 6, 1970 . . 6537 List of 0TC Margin Stocks As of July 20, 1970, July 17,
1 9 7 0 .............................................................................................................................................. a t 6 5 7 6Changes in list of 0TC Margin Stocks, September 21,
1970 . . . . . ...................................... at6605Changes in list of 0TC Margin Stocks, November 16,
1970 ................................................ at6636a
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MEMBER BANKSSecurities of Member State Banks--Copies of Amended
Regulation F and Related Forms, February 11, 1970 . . at6485 New Member Bank
Bankers Trust Company of Rochester, Rochester,New York, June 1, 1970 ........................... ato552
Jefferson National Bank, Passaic, New Jersey,October l6, 1970 .................................. at66l9
Mid-Jersey National Bank, Woodbridge, New Jersey,November 20, 1970 ................... ............ at664l
The First National Bank, Piscataway, Piscataway,New Jersey, November 24, 1970 ...................... at6642a
Listing of officers for Bankers Trust Company of Rochester, Rochester, New York inaccurate,June 5* 1970 ........................................ at6554
Insolvency of Eatontown National Bank, August 10, 1970. at6*>87 Reasons for Charge Back of Unpaid Checks Drawn on
Eatontown National Bank, Eatontown, N.J., August 14,1970 ................................................ at6588
Letter to Chief Executive Officers of each memberbank from Arthur F. Burns, dated October 26, 1970 . . at6625
1969 Operating Ratios--income and dividends of seconddistrict member banks, December 1, 1970 ............. at6647
RESERVESProposed Amendment to Regulation D--Transfers from
Time Deposits to Cover Checks, April 3, 1970 . . . . 6517Changes in Reserve Requirements on Eurodollar
Borrowings Under Regulations M and D--Reductionsin Discount Rates, December 1, 1970 ................. 6646
REGULATIONS D AND QAmendments to Regulations D and Q--Federal Funds
Transactions, January 8, 1970 . ........... .......... 6565Regulations D and Q--Extension to February 26 of
Time to Adjust to October 29 Determination on Obligations of Subsidiaries of Member Banks,January l4, 1970........ .............. * ............ 6468
Revised Maximum Interest Rates on Time and Savings Deposits Under Regulation Q--proposed Amendmentof Regulation D, January 20, 1970 ................... 6470
Amendment to Regulation Q--Clarification ofExemption for Foreign Time Deposits, January 21,1 9 7 0 ............................................................................................................................................... 6 4 7 3Correction of Board of Governors* Statement in Circular No. 6470--Notice of Proposed Amendmentof Regulation D, January 22, 1970 ................... 6474
Computation of Interest at New Rate on PassbookSavings Under Regulation Q, January 23* 1970 . * . • 6475
Interpretation of Regulation Q, January 29, 1970 . . . 6479Interpretation of Regulations D and Q, February 4,
1970 ................................................ 6483Interpretation of Regulation Q--Use of Brokered
Funds, February 17, 1970 ........................... 6489
Index of FederalReserve Bank Circulars CircularNos. 6464 - AT6666 5 No.
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Index of FederalReserve Bank CircularsNos. 6464 - AT6666 6
CircularNo.
REGULATIONS I) AND Q (Continued)Action Dei2rred on Application of Regulations D and Q
to Commercial Paper of Bank Affiliates andSubsidiaries, February 24, 1970 ...................
Interpretation of Regulation D, February 24, 1970 . . Reprint of Regulation Q effective February 1 2 , 1970
and supplement effective January 2 1 , 1970,February 27, 1970 .................................
proposed Amendments of Regulations D and Q,March 2 , 1970 ...............................................................................................................
Amended Supplement of Regulation Q--Maximum Rates Increased on Certain Multiple-Maturity TimeDeposits, March 3, 1970 ...........................
Modification of Proposal to Amend Regulations D andQ, March 13, 1970 .................................
Interpretation of Regulations D and Q--Prepaymentof Interest on Deposits, March 31, 1970 • ........
Proposed Amendment to Regulation D--Transfers from Time Deposits to Cover Checks, April 3, 1970 . . .
Reprint of Regulation D and its supplement amended effective February 12, 1970, April 6, 1970 . . . .
Determination of Interest Rates and Computation ofInterest on Time Deposits, May 8, 1970 ..........
proposed Amendment to Regulation D--Counting ofSilver Coin as Reserves, June 3* 1970 ............
Amended Supplement to Regulation Q--Maximum Rates Suspended on Certain Single-Maturity Time Deposits,June 23, 1970 ......................................
Interpretation of Regulation Q--Advertising Retail Price of Premiums Offered for Deposits, June 25,
1970 ..............................................Amendments to Regulations D and Q--Exemptions for Certain Subordinated Obligations, June 29, 1970 . .
Counting of Silver Coin as Reserves--Extension to August 10 of Time to Submit Comments on ProposedAmendment to Regulation D, July 15# 1970 ........
Interpretation of Regulation Q, July 20, 1970 . . . . Counting of Silver Coin as Reserves--Extenion to
September 10 of Time to Submit Comments on Proposed Amendment to Regulaton D, August 10, 1970 . . . . .
Changes in Reserve Requirements-- Five PercentReserve Requirement Established for Bank-Related Commercial Paper-- Reserve Requirment for Time Deposits Over $5 Million Reduced From 6 to 5Percent, August 17> 1970 .......... ..............
Regulation Q--Deposits of Rent-Security Money,August 31> 1970 ....................................Amendment to Regulation D--Transfers From Trust Department Savings Deposits to Cover Checks,October T , 1970 ....................................Proposed Amendments to Regulation Q--Computation of Interest on Time Deposits, October 19, 1970 . . . .
6 4 9 56 4 9 4
at6500
6501
6502
6506
65136517
a t 6 5 1 7
a t 6 5 4 0
6 5 5 ^
6559
a t 6 5 6 2
6566
6 $ j k 65 73
6587
6593at6597
66l46620
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REGULATIONS D AND Q (Continued)Changes in Reserve Requirements on Euro dollar Borrow
ings Under Regulations M and D--Reductions in DiscountRates, December 1, 1970 ............................... 6646
Counting of Currency and Coin as Reserves--Interpretation of Regulation 0, effective January 7, 1971,December 11, 1970 ........................................ 6552
Regulation Q--Amendments and Interpretation of Paymentand Computation of Interest, December 28, 1970 . . . . 6664
REGULATION V-- LOAN GUARANTEES FOR DEFENSE PRODUCTION Revised Supplement to Regulation V, effective
June 4, 1970--Reprint of Regulation V, July 1,1970 ........................................ 6567
SECURITIESSecurities of Member State Banks--Copies of Amended
Regulation F and Related Forms, February 11, 1970 . . . at6485 Federal Reserve Bank Checklist Procedures for Government
Securities Reported as Missing or Stolen, October 23,1970 .................................................. 6624
TENNESSEE VALLEY AUTHORITYInvitation for Bids on $90,000,000 of 119-Day TVA
Power Notes dated January 29, 1970, due May 28, 1970,January 19, 1970 ......................................at5468
Results of Bidding for TVA Power Notes, January 27,1970 ............................... .. ............... at6475a
Invitation for Bids on $50,000,000 of 119-Day TVA Power Notes dated February ?6, 1970, due June 26,1970, February 16, 1970 ..................... . . . . . at6486
Results of Bidding for TVA Power Notes, February 24,1970 .................................................. at6495
Invitation for Bids on $90,000,000 of 126-Day TVAPower Notes dated March 26, 1970, due July 30, 1970,March 16, 1970 ............................. .. at6507
Results of Bidding for TVA Power Notes, March 24, 1970 . at6510 Invitation for Bids on $100,000,000 of 119-Day TVA
Power Notes dated April 30, 1970, due August 27,1970, April 20, 1970 ..................................ato525
Results of Bidding for TVA Power Notes, April 28, 1970 . at6529 Invitation for Fids on $90,000,000 of 119-Day ^VA Power
Notes dated May 28, 1970, due September 24, 1970,May 18, 1970 .......................................... at6542
Results of Bidding for TVA Power Notes, May 26, 1970 . . ato548 Invitation for Bids on $50,000,000 of 126-Day TVA Power
Notes dated June 25, 1970, due October 29, 1970,June 15, 1970 ............................... .. at6556
Results of Bidding for TVA Power Notes, June 23, 1970 . . ato558 Invitation for Bids on $100,000,000 of 120-Day TVA
Power Notes dated July 30, 1970, due November 27,1970, July 20, 1970 ................................. at6577Results of Bidding for TVA Power Notes, July 28, 1970 . . ato580
Index of FederalReserve Bank Circulars CircularNos. 6464 - AT6666 7 No.
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TENNESSEE VALLEY AUTHORITY (Continued)Invitation for Bids on $1000,000,000 of 126-Day TVA Po*er
Notes dated August 27, 1970* cme December 31, 1970*August 17, 1970 .......................................... AT6588A
Results of Bidding for TVA Power Notes, August 25, 1970 . . AT6595 Invitation for Bids on $120,000,000 of 126-Day TVA Power
Notes dated September 24, 1970, due January 28, 1971#September 14, 1970 ........................... . . . . . AT6602
Results for Bidding for TVA Power Notes, September 22, 1970 AT6606 Invitation for Bids on $70,000,000 of 119-Day TVA Power
Notes dated October 29* 1970, due February 25, 1971,October 19, 1970 ........................................ AT6620
Results for Bidding for TVA Power Notes, October 27, 1970 . AT6626 Invitation for Bids on $130,000,000 of 113-Day TVA Power
Notes dated November 27, 1970, due March 25, 1971,November 16, 1970 ............................... .. • • • AT0636
Results for Bidding for TVA Power Notes, November 24, 1970 AT6642B Invitation for Bids on $150,000,000 of 119-Day TVA Power
Notes dated December 31, 1970, due April 29, 1971,December 21, 1970 ........ ............................... AT660O
Results for Bidding for TVA Power Notes, December 29, 1970 AT'ooou
Index of FederalReserve Bank Circulars CircularNos. 6464 - AT6666 8 No.
TREASURY BILL OFFERINGSWeekly--issue date of bills (Not date of circular)January 15, 1970 ................................... .. . .January 22, 1970 . . . . . ............................... January 29, 1970 ..........................................February 5, 1970 ............................... .. . . . .February 13> 1970 ........................................February 19, 1970 . . . . . ............................. February 26, 1970 ............................. .. . . . .March 5, 1970 ............................................Treasury Raises Minimum Bill Denomination to $10,000 . . .March 12, 1970 ............................................March 19, 1970 ............................................March 26, 1970 . . . . ....................................April 2, 1970 ............................................April 9, 1970 ............................................April16, 1970 ..............................................April 23, 1970 ..............................................April 30, 1970 ............................................May 7, 1970 ................................................May l4, 1970 ................................................May 21, 1970 ................................................ May 28, 1970 ................................................June 4, 1970 ................................................June 11, 1970 ..............................................June 18, 1970 ........... ..................................June 25, 1970 ..............................................July 2, 1970 ..............................................July 9, 1970 ..............................................July 16, 1970 ............................................ •July 23, 1970 .............................................. July 30, 1970 ..............................................August 6, 1970 ................. ............ ...............
6464646764716476648264856486;&864976 4 9 965036504 6508 6511 6 $ l k 6519 6522 6527 65306 5 3 86 5 4 16544654965536555655765606568657065736579658I
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Index of FederalReserve Bank Circulars CircularNos. 6464 - 6666 9 Ho.TREASURY BILL OFFERINGS (Continued)
August 13# 1970 .......... ................................. 6585August 20, 1 9 7 0 ............................................ 6$38August 27# 1970 ............................................ 6590September 3# 1970 ................... ....................... 6595September 10, 1970 ....................... ................ 65) 7; 63September 17, 1970 ............................... .. 6601September 24, 1970 ......................... .............. 6603October 1, 1970 ............................................ 6606October 8, 1970 ........................................ 6610October 15# 1970 .......................................... 66ll;66LOctober 22# 1970 .......................................... 6617October 29, 1970 . ........................................ 6621November 5, 1 9 7 0 .......................................... 6626November 12, 1970 .......................................... 66305603;November 19, 1970 .......................................... 6635November 27, 1 9 7 0 .......................................... 6637December 3, 1970 ........................................ .. 6642December 10, 1970 ........................................... 6645December 17, 1970 ........................................ 6651December 24, 1970 .......................................... 66535665*December 31# 1970 .......................................... 6658;666CJanuary 7, 1971 ...............* ........................... 66§5;6666
TREASURY BILL OFFERINGSOther than weekly (issue date of bills--not date of
circular)February 2, 1970 (271-day and 365-day) ................. 6472;6477March 2, 1970 (273-day and 365-da} ) ................... 6488;6496March 3# 1970# additional amount (50-day, TaxAnticipation Series) .................................. 6491;6498
Treasury Raises Minimum Bill Denomination to $10,000,. . 6499 March 26, 1970# additional amount (l80-day, Tax
Anticipation Series) ............... . ............... 6507;65IOMarch 31# 1970 (265-day and 365.d a y ) ................... 6509;6512April 30, 1970 (276-day and 365-day)................... 6524;o529June 1, 1970 (272-day and 365- d ay)..................... 6546;6550June 30, 1970 (274-day and 365-day)..................... 6558;o56lJune 8, 1970, additional amount (257-day, Tax
Anticipation Series).................................. 6 56 ^ 6 56 9July 23, 1970# additional amount (273-day, Tax
Anticipation Series) .................................. 6571;6577July 31# 1970 (273-day and 365-day)..................... 6575;6580August 31# 1970 (2$3-day and 365- d a y ) ................. 6592*6596September 30# 1970 (273-day and 365-day) . . . . . . . . 6604;6609Sales of $2.5 Billion June Tax Anticipation Bills . . . 6615 October 21, 1970, additional amount (244-day TaxAnticipation Series) . . . ................. ........ 66l6;66l9
November 2, 1970 (271-day and 365-day) ................. 6o22;6628November 30, 1970 (274-day and 365-day) ............... 6030;6643December 2, 1970 (Strip of Weekly Bills) ............... 6639;6644December 31# 1970 (273-day and 365-day) ............... 6655;6662
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TREASURY ISSUES (Hot Bills)Notes
0 l/4 of F-1971 (exchange offering) 6473J648l»6484;6492
8 8# of A-1977 (exchange offering) 6476;64816484;6492
7 3 A £ of A-19 73 (exchange offering) ^>531;6533o 5 4 o . ;6 5 4 d
3$ of A-1977 (exchange offering) 6531;65336540;6j48
7 3/4^ of G-1971 (cash offering) 6531;65336539;6548
7 3/4^ 02 C-197^ (exchange offering) 6562;65836586;6591
7 3/4^ of B-1977 (exchange offering) 6^32;S583i > 8 6 ; 6 5 9 1
7 l/2£ of C-1972 (cash offering) 6582;65836586;6591Cnange of Closing Hour For Receiving Subscriptions
to Treasury Note Offerings 66l87 l/4# of D-1974 (exchange offering) 6623;66257 l/2# of C-197& (exchange offering) 6623;6625
6 3/^# £>-1972 (exchange offering 6629;6633Bidding and Other Procedures for Treasury's Curent
Note Auction 6631
TRUTH INLLENDINGInterpretations of Regulation Z, February 18, 1970 . • • 6490Amendment and Supplement III, to Regulation Z, April 2, 1970 . ^51^Interpretation of Regulation Z, April 7, 1970 ...............6518
Index of FederalReserve Bank Circulars CircularNos. 6£64 - AT6666 10 No.
Proposed Amendment to Regulation Z-- Late Payment, Delinquencydefault, and Reinstatement Charges, April 21, 1970 ........ >526
Regulation Z--Amendment to Supplement III--Exemption ofCertain Credit Transactions in Oklahoma, May 18, 1970 . • . 6542
Regulation Z--Amendment to Supplement II-Exemption ofCertain Credit Transactions in Massachussets, July 13, 1970. ->57«-
Reculation Z--Amendment to Supplement III-Exemption ofCertain Credit Transactions in Connection, July 31, 1970 . . 6534
Amendment to Regulation Z--0pen End Credit Accounts,October 28, 1970 ............................................ 6627
Regulation Z--Interpretation and Propsed Amendments,November 9 , 1970 ............... ............................ ->634
Truth in Lending Act--Amendments Relating to Credit Cards,November 23, 1970 • • • * • • ♦ • • • • • • • • • • • • • .AT6<j41A
Regulation Z--Proposed Amendments Relating to Credit Card?,December 1, 1970 ............................................ 66^7Proposed Amendment to Regulation Z--Agricultural Credit
Transactions, December 22, 1970 ........ .................. 6o6lUNITED STATES SAVINGS BONDSRevised Treasury Department Circulars on Offering of Series
E and H Savings Bonds--Sale of U.S. Satings Notes (Freeaom Shares) to Terminate June 30, 1970, February 24, 1970 . . . 649j
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UHITED STATES SAVINGb BONDS (Continued)Treasury Announces l/2 Percent Bonus on Savings Bonds,
Effective June 1, 1^70, September 1, 1 9 7 0 .......... . ^599Revised Treasury Department Circulars on Offerings of
Series E ana H Savings .bonds, December 21, 1970 . . . . >659
VOLUNTARY FOREIGN CREDIT RESTRAINT PROGRAMChanges in Guidelines for Banks Under the President's
Balance of Payments Program, Effective May 13, 1970,May 19, 1970 .......................................... 6543
Change in Guidelines for Bonks Under the President's Balance of Payments Program, Effective September 1,1970.................................................... 6659
Index of FederalReserve Bank Circulars CircularNos. 6464 - AT6666 11 No.
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