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R-487

BOARD O F G O V E R N O R S
OF THE

FEDERAL RESERVE SYSTEM
WASHINGTON
a d d r e s s

o f f i c i a l c o r r e s p o n d e n c e
t o t h e b o a r d

Juno 15, 1939

Dear Sir:
On Tuesday, July 4, the offices of the Board of Governors of the Federal Reserve System and all Federal Reserve banks
and branches will be closed in observance of Independence Day.
The Board has been advised that holidays also will be
observed during the month of July by the following offices:
Monday, July 3

Baltimore

Special holiday in
Maryland by Governor's
proclamation

Thursday, July 13

Nashville
Memphis

Birthday of General
Bedford Forrest

Monday, July 24

Salt Lake City

Pioneer Day

On the dates given the branches concerned will not
participate in the transit clearing through the Interdistrict
Settlement Fund. Please include transit clearing credits for
the offices affected on these holidays with your credits for the
following business days.
Please notify branches.
Very truly yours,

S. R. Carpenter,
Assistant Secretary.

TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS