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EGISTER

FEDERAL

VOLUME 4

1934 F

N lttD

NUMBER 125

Washington, Thursday, June 29, 1939
Rulesy Regulations, Orders
Jan. 1,1936, as amended effective July 1, 19391
sea l
TITLE 12BANKS AND BANKING

L . p . B ethea,
Assistant Secretary.

Filed, June 27, 1939;
BOARD OP GOVERNORS OP THE F. R. Doc. 39-2228;
2:52 p. m.
FEDERAL RESERVE SYSTEM
L oans
to
E x e c u t iv e O f f i c e r s B anks
of
M

em ber
REGULATION O AMENDED RELATIVE TO TERM
"EXECUTIVE OFFICER"

TITLE 19CUSTOMS DUTIES
BUREAU OF CUSTOMS
T. D. 49899

CONTENTS
RULES, REGULATIONS, ORDERS
T itle 12B anks and B anking :
Board of Governors of the Fed eral Reserve System:
Page Loans to executive officers of nem ber banks, amendment of term executive officer_______________ 2513
T itle 19C ustoms B ureau:
Bureau of Customs:
Conversion of U r u g u a y a n peso for purpose of as/ sessihent of duties on m erchandise imported in to United States___ ___ 2513
T itle 20E mployees B enefits :
Social Security Board:
Disclosure of official records and information, regula tion amended______ ___ 2514
T itle 26I nternal R evenue :
United States Processing Tax Board of Review:
//R u le s of Practice_________ _ 2514
T itle 30M ineral R esources:
National Bituminous Coal Com mission:
Districts Nos. 1-20, 22, and 3, sale and distribution o f coal; Rule 4 of Section n of marketing rules and regulations made effec tive__________________ 2519

On June 23, 1939, the Board of Gov C onversion of U ruguayan P eso for the P urpose of the Assessment of D uties ernors of the Federal Reserve System on M erchandise I mported I nto the adopted the following resolution:
U nited S tates Resolved, That effective July 1, 1939, J une 26, 1939.
Regulation O 12 CFR 215, Loans to Executive Officers of Member Banks, be To Collectors of Customs and Others Concerned:
amended in the following respects:
Reference is made to the certification 1.
Section 1 b 12 CFR 215.1 b of the daily buying rates for foreign cur Regulation O is amended to read as fol of rencies by the Federal Reserve Bank of lows:
New York to the Secretary of the Treas b The term executive officer means ury, as provided by section 522 c of the every officer of a member bank who par Tariff Act of 1930 UJ3.C. title 31, sec. 372
ticipates or has authority to participate c. Beginning on June 22, 1939, the in the operating management of the bank Federal Reserve Bank of New York has or any branch thereof otherwise than in included in each list of buying rates, for the capacity of a director of the bank, warded to the Secretary of the Treasury, regardless of whether he has an official two rates for the Uruguayan peso, desig title or whether his title contains a nated respectively controlled and nondesignation of assistant and regardless controlled.
of whether he is serving without salary If, for the purpose of the assessment or other compensation. It will be and collection of duties on merchandise assumed that the chairman of the board, imported into the United States, it is nec NOTICES
the president, every vice president, the essary to convert Uruguayan pesos into cashier, secretary, treasurer and trust currency of the United States, collectors Department of the Interior:
National Bituminous Coal Comofficer of a member bank are executive of customs are hereby directed, in con jnission:
officers, unless it is provided by resolu nection with entries of merchandise ex tion of the board of directors or the ported on or after June 22, 1939, and t inzer Brothers Clay Co., ex emption granted_______ 2695
banks by-laws th at any such officer is pending the receipt of further instruc O rd i& r and notice of final not authorized to participate in the oper tions from the Department, to require the ating management of the bank and he deposit of estimated duties in an amount /-nearing, establishment of minimum prices for coals does not actually participate therein.
determined by the use of the value ap produced in Districts Nos.
pearing opposite the word controlled _ 2. Section 4 a 12 CFR 215.4 a of 1-8, inclusive__________ 2520
Regulation O is amended by striking out in the list of rates above referred to, and District No. 1, all shipments to suspend liquidation of all such entries.
June 16, 1938 in the first and last sen except truck_________ 2521
A p p r a i s i n g officers will report tences of such section and inserting in Truck shipments only__ 2526
promptly and in full to the Bureau of lieu thereof June 16, 1944.
District No. 2, all shipments Customs the facts in regard to the ap except truck_________ 2544
11 i 38 s ta t- 262 Sec. 326 c, praisement of any such merchandise.
Truck shipments only__ 2562
9 Stat. 716; 12 U.S.C. 248 i; 12 U.S.C.
For the present only th a t rate for the Sup. 375a Reg. O, Bd. Govs. F.R.S., Uruguayan peso which is to be used in C o n tin u e d o n n e x t p ag e 2513