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March 1, 1916.

My dear Sir:
On February 29 the Federal Reserve Board gave
final consideration to the appeal of certain Connecticut
banks for transfer from District No, 1 to District No. 2,
and it was agreed to transfer Fairfield County, Connecti­
cut, to District No. 2, (New York), the remainder of the
territory covered by your petition and appeal to be left
for possible cons ids nition at some future time, when more
experience with the clearing system shall have been had.
I enclose a copy of a pross notice which wa3 approved by
the Board, and states the situation.
Action has been taken with reference to effect­
ing the transfer of the banks in Fairfield County, and the
Federal Reserve Banks of Boston and Now York will take the
matter up direct with the institutions which are affected by
the transfer.




Respectfully,

Secretary.