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FED ER AL RESERVE BANK
O F NEW YORK

p Circular No. 7 5 7 2 ' 1
L February 18, 1975 J

BANK HOLDING COMPANIES
Extension of Time for Comment on Operation of a Travel Agency

To A ll B a n k H o ld in g Com panies, and O thers Concerned,
in the S econd F ederal R eserve D istric t:

The Board of Governors of the Federal Reserve System has extended until A pril 18, 1975,
the deadline for the submission of w ritten comments on the question of whether bank holding
companies may operate a travel agency. Notices of hearings on this subject were contained in our
Circulars No. 7461 and No. 7488, dated September 18 and October 28, 1974, respectively.
Printed below is the text of the B oard’s O rder in this m atter. W ritten comments may be sent
to our Domestic Banking Applications Department.
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President.

(Reg. Y)
BANK HOLDING COMPANIES
Revised Notice of Deadline for Submitting Comments on Question Whether the Operation of a
Travel Agency Should be Included Among Activities Permissible to Bank Holding Companies
Notice is hereby given that the Board of Governors
of the Federal Reserve System, in response to a request
for an extension of the February 18,1975 deadline for
the submission of additional material related to issues
raised at the January 14 hearing on the question
whether bank holding companies may operate a travel
agency (39 Federal Register 38423), has decided to




extend the deadline until April 18, 1975. Accordingly,
all parties and interested persons may submit their
views in writing to be received by the Secretary no later
than April 18, 1975. Written comments as they are
received will be made available for inspection and copy­
ing in Room 1118 of the Board’s building.