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federal reserve

Ba n k

DALLAS, TEXAS

of

Dallas

75222

Circular No. 83-146
December 7, 1983

PRIVATE SECTOR A DJUSTMENT FACTOR
EXTENSION OF COMMENT PERIOD
TO ALL DEPOSITORY INSTITUTIONS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
In response to requests for additional time, the Board of Governors
of the Federal Reserve System has extended the period for comment on proposed
revisions
to the m e t h o dology for calculating the private sector adjustment
factor (PSAF) until December 20, 1983.
The Board originally requested comment
on the proposed m e thodology
in its release of October 13, 1983 which was
distributed to you in Circular No. 83-127 on October 26, 1983.
A copy of the Board's press release and notice as published in the
Federal Register are attached.
Any views or comments concerning the proposals
should be submitted in writing to the Secretary, Board of Governors of the
Federal
Reserve System, Washington,
D.C.,
20551.
All materials submitted
should refer to Docket No. R-0485, and should be received by December 20,
1983.
Questions
regarding the contents of this circular should be directed
to Lyne H. Carter, (214) 651-6175 or Michael N. Turner, (214) 651-6460 at the
Head Office.
Additional
copies of this circular will be furnished upon request to
the Public Affairs Department, Extension 6289.
Sincerely yours,

William H. Wallace
First Vice President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
Banks and others are encouraged to use the following incoming W A TS numbers in contacting this Bank:
1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the
extension referred to above.

FEDERAL RESERVE press release

For immediate release

November

The Federal Reserve Board today announced that it has extended
the period for comment on the m ethodology for calculating the Private Sector
Adjustment Factor (PSAF) for 1984 proposed on October 13, 1983.
In response to requests for additional time, the Board extended
the period for comment from November 30 through December 20, 1983.

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Attachment

0

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FEDERAL RESERVE SYSTEM
(Docket No. R - 0 4 8 5 )
PRIVATE SECTOR ADJUSTMENT FACTOR

AGENCY:

Board of Governors of the Federal Reserve System.

ACTION:

Extension of Comment Period.

SUMMARY:
The Eoard of Governors of the Federal Reserve System
has extended the period for receipt of public comments on the
methodology for calculating the Private Sector Adjustment
Factor ("PSAF") for 1984.
The comment period is being extended
through December 20, 1983.
DATE:

Comments must be received by December 20,

1983.

ADDRESS:
Comments, which should refer to Docket No. R-0485/
may be mailed to William W. Wiles, Secretary, Board of
Governors of the Federal Reserve System, 20th Street and
Constitution Avenue, N. W. , Washington, D. C. 20551, or
delivered to room B-2223 between 8:45 a.m. and 5:15 p.m.
Comments received may be inspected at room B-1122 between 8:45
a.m. and 5:15 p.m., except as provided in § 261.6(a) of the
Board's Rules Regarding the Availability of Information, 12 CFR
§ 261.6(a).
FOR FURTHER INFORMATION CONTACT:
Earl Hamilton, Assistant
Director (202/452-3874), Division of Federal Reserve Bank
Operations; Gilbert T. Schwartz, Associate General Counsel
(202/452-3625) or Pobert G. Ballen, Attorney (202/452-3265),
Legal Division, Board of Governors of the Federal Reserve
System, Washington, D. C.
20551.
SUPPLEMENTARY INFORMATION:
On October 13, 1983 (48 F.R. 48288,
October 18, 1983), the Board of Governors requested public
comment on the methodology used by the Federal Reserve to
calculate the PSAF that is appropriate for the pricing of
services provided by the Federal Reserve Banks.
Comment was requested on the proposal by November 30,
1983.
Requests have been received for additional time in which
to submit comments.
In view of the issues involved in the

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proposal and in order to provide interested parties with
additional time in which to present their views, the comment
period has been extended through December 20, 1983.
By order of the Board of Governors, acting through its
Secretary under delegated authority, November 28, 1983.
(signed)William W. Wiles

William W. Wiles
Secretary of the Board

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