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281 S-301 Reg. W-21 INTERPRETATION OF LAW OR REGULATION (Copies to be sent to all Federal Reserve Banks) September 3, 1941 TSLEGRM loung ~ Boston Sproul - New York Williams - Philadelphia Fleming - Cleveland Leach — Richmond McLarin - Atlanta Young - Chicago Davis - St. Louis Peyton - Minneapolis Leecty- — Kansas City Gilbert - Dallas Day - San Francisco The classification "water pumps designed for house» hold, use" includes water system pumps which are either shallowwell or reciprocating deep-well pumps having a rated capacity of 300 gallons per hour or less, or deep-well jet type or centrifugal pumps operated by motors having a rating of 1/3 horsepower or less. The actual use to which the pumps are put does not affect the classification. (Signed) Chester Morrill # Morrill t