Announcement of the Gold Fund Committee
Title
Announcement of the Gold Fund Committee
Creator
New York Clearinghouse Association
Identifier
WWP18845
Date
No date
Description
The Gold Fund Committee announces it is now prepared to receive applications for checks on London.
Source
Benjamin Strong Jr. Papers, New York Federal Reserve Bank
Language
English
Text
The Gold Fund Committee announces that it is now prepared to receitve applications for checks on London, which must be made on forms which may be obtained on application at the office of the Committee in the New York Clearing House Building, or from any member of the Committee, as follows:
Albert H. Wiggin, Chairman
William Woodward,
J. S. Alexander,
Francis L. Hine,
Benjamin Strong Jr.,
Frank A. Vanderlip,
James N. Wallace
Applications will be considered by the Committee daily, commencing Friday, October 2nd (Saturdays excepted) at an hour to be fixed by the Committee, which, until further notice, will be 3.30 P.M., and applications must be filed with the Committee not later than noon of the day on which they are to be considered.The Committee will notify promptly its decision as to applications, with the rate to apply as to these favorably acted upon. Payments for amounts allotted must be made not later than 10:30 A.M. on the following day by certified checks drawn to the order of “Gold Fund Committee” on New York banking institutions, and failure to make such payment prior to that hour will be considered a rejection of the allotment.A later announcement will be made when the Committee is prepared to sell cable transfers.
Albert H. Wiggin, Chairman
William Woodward,
J. S. Alexander,
Francis L. Hine,
Benjamin Strong Jr.,
Frank A. Vanderlip,
James N. Wallace
Applications will be considered by the Committee daily, commencing Friday, October 2nd (Saturdays excepted) at an hour to be fixed by the Committee, which, until further notice, will be 3.30 P.M., and applications must be filed with the Committee not later than noon of the day on which they are to be considered.The Committee will notify promptly its decision as to applications, with the rate to apply as to these favorably acted upon. Payments for amounts allotted must be made not later than 10:30 A.M. on the following day by certified checks drawn to the order of “Gold Fund Committee” on New York banking institutions, and failure to make such payment prior to that hour will be considered a rejection of the allotment.A later announcement will be made when the Committee is prepared to sell cable transfers.
Original Format
Miscellaneous
Collection
Citation
New York Clearinghouse Association, “Announcement of the Gold Fund Committee,” No date, WWP18845, Benjamin Strong Jr. Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.