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580 FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE T O T H E FEDERAL RESERVE BOARD February 4, 1933 3-676 SUBJECT: Monthly r e p o r t s of bank h o l i d a y s , Deer S i r : I t h a s been t h e custom to ask each F e d e r a l r e s e r v e benk by t e l e gram, around the m i d d l e ' o f each month, f o r e l i s t of tlie h o l i d a y s to be observed d u r i n g the f o l l o w i n g month by the bank and by e a c h o f i t s branches ( i f a n y ) . The i n f o r m a t i o n thus o b t a i n e d has been t r a n s m i t t e d to a l l Fed&ral r e s e r v e banks i n a c i r c u l a r l e t t e r , w i t h a d v i c e as to willch Federal r e s e r v e banks and branches would be c l o s e d and would not, t h e r e f o r e , p a r t i c i p a t e in the Gold Settlement Fund and F e d e r a l Reserve Note c l e a r i n g s . I t has a l s o been the custom, i n c o n n e c t i o n w i t h the c o m p i l a t i o n of the monthly statement of d e b i t s to i n d i v i d u a l accounts, to o b t a i n s i m i l a r i n f o r m a t i o n from the Federal r e s e f v e a g e n t s a t the b e g i n n i n g of each y e a r w i t h r e s p e c t to h o l i d a y s observed i n e a c h s t a t e around the b e g i n n i n g and end o f each month. In order t h a t the i n f o r m a t i o n f o r the above put-poses may be s u p p l i e d r e g u l a r l y and w i t h o u t s p e c i a l r e c u e s t , i t w i l l b e appreciated i f h e r e a f t e r you w i l l mail to the Board, not l a t e r than t h e f i f t e e n t h of each month, a l i s t of a l l h o l i d a y s scheduled to be observed by banks in y o u r d i s t r i c t i n the f o l l o w i n g calendar month, g i v i n g t h e day, date, - 2 and. nature of t h e h o l i d a y , end. t h e s t a t e s or c i t i e s i n which i t i s to he observed.. In t h e c a s e of h o l i d a y s to be observed by banks i n Fed- e r a l r e s e r v e bank or branch c i t i e s , p l e a s e i n d i c a t e i n each c a s e whether the Federal r e s e r v e bank or branch i t s e l f w i l l be c l o s e d . The Board should be a d v i s e d promptly by t e l e g r a p h of any a d d i t i o n a l h o l i days t h a t e r e d e c l a r e d a f t e r the submission of the o r i g i n a l r e p o r t , e x c e p t s p e c i a l or "moratorium" h o l i d a y s proclaimed by c i v i l a u t h o r i t i e s f o r the purpose of enabling banks to r e o r g a n i z e or o b t a i n d e p o s i t o r s ' w a i v e r and/or deferment agreements, which are to be r e p o r t e d by Federal r e s e r v e a g e n t s i n accordance ^ i t h the p r o v i s i o n s of the s i x t h p a r a graph of our l e t t e r of January 19, 1933• I t " n i l a l s o be a p p r e c i a t e d i f s t a t e m e n t s c o v e r i n g the months of January and February, 1933. a r e m a i l e d to the Board promptly upon the r e c e i p t of t h i s l e t t e r . Very t r u l y y o u r s , Chester M o r r i l l , Secretary. TO ILL GOVEKEOHS EXCEPT ST. LOUIS — s p e c i a l l e t t e r to S t . Louis
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