Full text of District Notices (Federal Reserve Bank of Dallas) : [Federal Reserve Bank of New York, Including Its Buffalo Branch, Will be Closed on Saturdays, Beginning April 5, 1947]

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FEDERAL RESERVE BANK
OF D ALLAS

Dallas, Texas, March 5, 1947

To the Member and Nonmember Clearing Banks
in the Eleventh Federal Reserve District:
This bank has been advised that the Federal Reserve Bank
of New York, including its Buffalo Branch, will be closed on
Saturdays, beginning April 5, 1947, pursuant to existing stat­
utes permitting such closing.
Due consideration should be given to the Saturday closing
referred to with respect to transfers of funds to and from
banks in the New York District. Attention is also called to the
fact that these Saturday closings will result in a delay in the
presentation of cash and non-cash items and in the advice of
dishonor and return of items payable in the Second Federal
Reserve District.
Yours very truly,
R. R. GILBERT
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)