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W. P. G. HARDING, GOVIII:NOR

l!:X·OFFICIO MEMBERS

;:~~E:i:~~~~~=N~ICI GOVIRNOR

WILLIAM G. McADOO

ADOLPH C. MILLER
CHARLES S. HAMLIN

SECRETARY OF THE TREASUitY
CHAIRMAN

JOHN SKELTON WILLIAMS
COMPTROLLER Of THE CURRENCY

H. PARKER WILLIS, SECRETARY
SHERMAN P. ALLEN, AsST. SECRETARY
AND FISCAL AGENT
'

FEDERAL RESERVE BOARD
WASHINGTON

ADDRESS .RBPLY TO

FEDERAl. RESERVE BOARD

>,

~ly

29, 1918.
X•l09'1

~ntlomon:

'rho quostion of local holidays intarforin& with ths daily gold
sattlomcnt bas COillO up, a.nd in order that there ma.y- be uniform practice,

you are advised

~hat

tbcre will be a esttlomcnt

·~~

day with :tho ax•ep•

tion of the fol.lowingr
New Y3ar•a Day, January. 1st;
Lincoln's Birthday_, F~bruary lath;
Washinston's Birthdaf, Fobruary 224;
Du.coration Da:;, .lay 30th;
Indapondonce Day, July 4th;
.
Labor Day, First Vonday 1n S3ptom'ber;
Oolumbus lAy, October 12th;
.
Eleotion Day, first TUoe4ay in NovomberJ
Thaak•giving Day, Last Thursday in Novombo~;
Christmaa, Doo3mber 25th..

..

'lhe Boari wl~ on4~a.Yor to giVe timely advice that thoro will
'bo no eett1aa23Dta on tl\o clays JtOnt1onecl.

1bo Boa.rcl wUl not consider other clays as holiday• so tar ae
tho 4a.Uy eottlemeftt ie concorno4, ancl your books u.ust bo opened for the
purpoeo of rm.klng ontriea incidont thonto. You are therefore instn~ctocl
on other holicla.ys to tranem1t you.r settlement toleg:ram either by send.izlg
it over ccmnorcial wire on tho n:labt pro ceding tho hOlid&y, or hav:lng
your telegraph operator ro:port for duty a.s usual on tho morning of tho
holida7• If roquestecl to do eo, tho Board will sond ita talegn.m sbOII'. ing result of sottlODnt over conmaroie.l wiro, but otherwiso you must
ha.vo your operator on duty to r()coivo tho moaaa.go over tho loased wires.,

Vory truly yours,

Aas~tant
Appr~o4:

Governor.




Secretary.

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