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FEDERAL RESERVE BANK
OF NEW YORK

81
[Circular No. 2 1 and, February 27,1941, Amending Circulars!
Nos. 1971
1972, effective September 1,1939.
J

MODIFICATION OF REQUIREMENTS FOR SORTING CASH ITEMS

To the Member and Nonmember Clearing Banks
of the Second Federal Reserve District:

You are advised that, effective immediately, the cash items payable in
the Second Federal Reserve District which are sent to our head office at
New York City need be sorted into only the following classes:
1. Immediate-credit items.
2. Items payable in Buffalo (as heretofore, may be sorted with
items payable at other one-day points).
3. Items payable elsewhere in the State of New York.
4. Items payable in the portions of New Jersey and Connecticut
that are included in the Second Federal Reserve District.
Our New York Head Office Time Schedule and Buffalo Branch Time
Schedule (Circulars Nos. 1971 and 1972, effective September 1, 1939) are
hereby amended to give effect to this change.




ALLAN SPROUL,

President.

FEDERAL RESERVE BANK
OF NEW YORK

March 1, 1941.

To all Banking Institutions in the
Second Federal Reserve District:

We are pleased to announce that The Keyport Banking
Company, Keyport, New Jersey, has become a member of the
Federal Reserve System effective March 1, 1941.




ALLAN SPKOUL,

President.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102