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federal Reserve bank OF DALLAS W ILLIAM H. W ALLACE FIR S T V IC E P R E S ID E N T November 24, 1986 DALLAS, TEXA S 7 5 2 2 2 Circular 86-98 TO: All financial institutions in the Eleventh Federal Reserve District SUBJECT Eleventh District Holiday Schedule DETAILS All Federal Reserve Banks have adopted a uniform holiday schedule to become effective in 1987. Consequently, this Bank and its Branches at El Paso, Houston and San Antonio, will observe the following holidays in 1987 and will not be open on the dates indicated below: Thursday, January 1 Monday, January 19 Monday, February 16 Monday, May 25 Monday, September 7 Monday, October 12 Wednesday, November 11 Thursday, November 26 Friday, December 25 A recent amendment to Regulation J of the Board of Governors of the Federal Reserve System provides a special rule concerning a day which falls during a weekend but would have been a holiday had it fallen during the work week. If the day falls on Sunday, the following Monday is to serve as the holiday. However, if the day falls on a Saturday, this Bank will not close for the holiday on the preceding Friday. Because July 4, 1987, faTTs on a Saturday, July 3, 1987, will not be a holiday for this Reserve Bank. Under current law most commercial banks in this District are scheduled to have a holiday on July 3, 1987. Please file this circular for convenient reference. notices of the holidays listed above will not be sent. Individual For additional copies of any circular please contact the Public Affairs Department at (214) 651-6289. Banks and others are encouraged to use the following incoming WATS numbers in contacting this Bank (800) 442-7140 (intrastate) and (800) 527-9200 (interstate). This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) - 2 - MORE INFORMATION Additional information can be obtained by calling this Bank's Legal Department at (214) 651-6228. Sincerely yours,