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F E D E R A L R E SE R V E BANK O F NEW Y O R K [ Circular No. 5 5 4 1 "1 November 20, 1970 J Member of Federal Advisory Council To the Member Banks of the Second Federal Reserve District: The B oard o f D irectors o f this Bank has selected J o h n M. M eyer , J r ., Chairman o f the Board, M organ Guaranty Trust Com pany o f New York, New Y ork, N. Y., to serve during the year 1971 as the member o f the F ederal A d visory Council from the Second Federal Reserve District. A lfred H ayes , President