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FEDERAL RESERVE BANK OF DALLAS

DALLAS, TEXAS

75222

C i r c u l a r No. 8 3- 137
November 9 , 1983

REGULATION G
SECURITIES CREDIT BY PERSONS
OTHER THAN BANKS, BROKERS, OR DEALERS
(Cross-Reference)
REGULATION U
CREDIT BY BANKS FOR THE PURPOSE OF
PURCHASING OR CARRYING MARGIN STOCK
(Cross-Reference)

TO ALL MEMBER BANKS
AND OTHERS CONCERNED IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
The Boar d o f Go v e r n o r s o f t h e F e d e r a l R e s e r v e Sys t em has r e l e a s e d a
cross-reference for its
R e g u l a t i o n G and i t s
R e g u l a t i o n U.
The a t t a c h e d
cross-references
s e r v e a s an a i d t o p e r s o n s t r a c i n g t h e r e g u l a t o r y t r e a t m e n t
o f s p e c i f i c i s s u e s a d d r e s s e d i n t h e r e v i s e d R e g u l a t i o n s G and U.
Completely
r e v i s e d and s i m p l i f i e d
versions
o f R e g u l a t i o n s G and U wer e t r a n s m i t t e d i n
C i r c u l a r No. 8 3 - 1 0 5 d a t e d Augus t 31, 1983.
Attached
is
the cross-reference material
as pu bl ished
in
the
Federal R e g i s t e r . Questions rega rd ing the m at e ri a l co n ta i n e d in t h i s c i r c u l a r
s h o u l d be d i r e c t e d t o t h e Legal D e p a r t m e n t , E x t e n s i o n 6171.
Additional copies of t h i s c i r c u l a r will
t h e P u b l i c A f f a i r s D e p a r t m e n t , E x t e n s i o n 6289.

be f u r n i s h e d upon r e q u e s t

to

Sincerely y o u rs,

F i r s t Vi ce P r e s i d e n t

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 SYSTEM
Regulation G
[12 CFR 207]

SECURITIES CREDIT BY PERSONS OTHER THAN BANKS, BROKERS, OR DEALERS
Co mp a r i s o n C h a r t o f Ol d and New R e g u l a t i o n G S e c t i o n s

AGENCY:

Boar d o f G o v e r n o r s o f t h e F e d e r a l

ACTION:

R e g u l a t i o n G Co mp a r i s o n C h a r t

SUMMARY:

On J u l y 27,

1983, t h e Boa r d a p p r o v e d a c o m p l e t e l y r e v i s e d and

s i m p l i f i e d R e g u l a t i o n G.
3 1 , 1983.

R e s e r v e Sys t em

To f a c i l i t a t e

The new r e g u l a t i o n i s e f f e c t i v e a s o f Au g u s t
an u n d e r s t a n d i n g o f t h e new r e g u l a t i o n , t h i s

c h a r t p r o v i d e s a c r o s s - r e f e r e n c e o f s e c t i o n number s i n t h e o l d R e g u l a t i o n
G t o t h e i r c o r r e s p o n d i n g s e c t i o n number s i n t h e new r e g u l a t i o n and v i c e
versa.

This c h a r t will

s e r v e a s an a i d t o p e r s o n s t r a c i n g t h e r e g u l a t o r y

t r e a t m e n t o f s p e c i f i c i s s u e s a d d r e s s e d i n R e g u l a t i o n G.
FOR FURTHER INFORMATION CONTACT:

Do u g l a s B l a s s , A t t o r n e y , D i v i s i o n o f

Ba nki ng S u p e r v i s i o n a nd R e g u l a t i o n , Boar d o f G o v e r n o r s o f t h e F e d e r a l
R e s e r v e Sy s t e m, W a s h i n g t o n , D.C. 2 0 5 5 1 , ( 202) 4 5 2 - 2 7 8 1 .
SUPPLEMENTARY INFORMATION:

The f o l l o w i n g c o m p a r i s o n c h a r t i s b e i n g

p u b l i s h e d a s an a i d t o u n d e r s t a n d i n g t h e c o m p l e t e l y r e v i s e d R e g u l a t i o n G.

-3-

COMPARISON CHART
Com pa ris on o f Old w i t h
New S e c t i o n Numbers
Ol d w i t h New

Compa r i s on o f New w i t h
Ol d S e c t i o n Numbers
j New w i t h Ol d

207. 1
(a)
( b)
(c)
(d)(1)
( 2)
( 3)
( 4)
(e)(1)
( 2)
(f)(1)
(2)
( 3)
( g)
(h)(1)
( 2)
(i)
(j)(l)
(i)
(ii)
(2)

207. 1
2 0 7 . 3 ( a ) ( 1 ) (with m o d i f i c a t i o n ) I
2 0 7 . 3 ( a ) ( 2 ) (with m o d if i c a t i o n ) 1
2 0 7 . 1 ( b ) , 2 0 7 . 2 ( e ) , ( h ) , ( 1)
|
2 0 7 . 3 ( b ) , 2 0 7 . 7 ( a ) and ( b)
|
2 0 7 . 2 ( 1 ) , 2 0 7 . 3 ( b ) and 2 0 7 . 7 ( a ) !
deleted
|
207.3(c)
I
deleted
|
2 0 7 . 3 ( e ) , ( f ) and 2 0 7 . 2 ( e ) ( 2 )
|
deleted
I
207.4 ( f i r s t sentence)
I
( p a r t i a l l y deleted)
deleted
j
207.4(b)
|
207.3(g)(1)
|
2 0 7 . 3 ( g ) and ( h)
j
2 0 7 . 3 ( g ) ( 4 ) and 2 0 7 . 2 ( e ) ( 1 )
1
2 0 7 . 3 ( h ) and 2 0 7 . 7 ( b )
I
207.3(i )(1)
|
207.3(1)(1 ) ( i )
1
deleted
1
207.3(i ) ( p a r t i a l l y deleted)
|

added
207.1(c)

(a)
( b)
207.2
f i r s t sentence
(a)
( b)
(cM ixn
(ii)
( 111)
( 2)
( d)
(e)(1)
( 2)
(f)(1)
(2) ( i )
(ii)
(ill)
(iv)
( g)
( h)
(1X1)

20 7 . 2
207.2 ( f i r s t sentence)
(a)
( b)
207.2(g)
207.2(1)
(c)(1)
(2)
207.2(b)
(3)
207.2(1)
(d)(1)
207.2(1)(1)
(2)
207.2(1)(2)
( 3 ) ( i ) 207.2(1X3)
( i i )207.2(i )(3)
( 4)
207.2(1)(4)
( 5)
207.2(1)(5)
207.2(i)
(e)
2 0 7 . 2(k)
(f)(1)
( 2)
2 0 7 .2(k)
( 3)
207.6(c)
207.6(c)(1)
(i)
( ii) 207.6(c)(2)
( 4)
207.6(d)
(5)
207.6(e)
deleted
(g)(1)

(2)
( 3)
|
|
1
|
1
I
I
1
|
|
I
1
I
1
1
1
1
1
1

-5-

( 4)
(5)
(j)
( k)
( 1)

207.3
(a)(1)
( 2)
( b)
(c)
(1)
(ii)
(ill)
( d)
(e)
(f)(1)

207.2(a)
added
207.2(c)(2)
a dde d
a dde d
a dde d
207.1(1)
207.2(h)
207.1(h)(2)
(modi f i e d )
207.1(e)
207.2(1)
207. 2(1 X1 )
207.2(1 X 2 )
2 0 7 . 2 ( i )(3)
207.2(1 X 3 )
207.2(b)
207.1(c)
207.2(d)(1),
2 0 7 . 2 ( e ) ( 1 ) and ( 2)
207.2(d)(2)
207.2(d)(3)(i )
and ( i i )
207.2(d)(4)
207.2(d)(5)
2 0 7 . 5 ( a ) a n d ( b)
2 0 7 . 2 ( f ) ( 1 ) and ( 2)
2 0 7 . 1 ( c ) , and
207.2(c)(1)

207. 1 ( a ) ( m o d i f i e d )
207.1(b) (modified)
207.1(c)
added
adde d
adde d
a dde d
207.4(e)
2 0 7 . 1 ( e ) ( 1 ) ( mo d i f i
adde d

Old w i t h New

New w i t h Old

207.2
( 2)
( h)
( 1)
( 1)
( 2)
( 3)

207.3
12)
(g)(1)
( 2)
( 3)
( 4)
( h)
(i)(l)
( 1)
(ii)
(2)
(j)
(k)
(1)
(m)
(n)
( o)
(p)

added
207.l(g
207.l(g
added
207.l(h
207.l(i
207.l ( j
207.l ( j
207.l ( j
added
20 7 .4(c
2 0 7 .4(b
2 07.4(g
added
207.4(d
2 07.3(a
2 0 7 . 3(a

207.4
f i r s t sentence
(a)
( b)

2 0 7 . 1 ( f ( 1)
added
2 0 7 . 1 ( f ( 3)

(j)
( k)

deleted
207.2(d)
207.2(f)(1)
207.2(f)(2)( i )
2 0 7 . 2 ( f ) ( 2 ) (i i)
2 0 7 . 2 ( f ) ( 2 ) (i i i )
and ( 1 ) ( 2 ) ( i v )
deleted
deleted

207.3
(a)
( b)

207.3(o),
deleted

207.4
( a)
( 1)
(2)
( 1)
(ii)
( 1i 1)
(iv)
( 3)
( b)
(c)
( d)
(e)
(f)
( g)

207.5(a)
del e t e d
2 0 7 . 5 ( b ) and 2 0 7 . 3 ( b )
207.5(b)(2)
deleted
deleted
deleted
deleted
2 0 7 .3(k)
207.3(j)
2 0 7 .3(n)
207.3(d)
deleted
207.3(1)

207.5
(a)
( b)
(c)
( d)
( 1)
( 2)
( 3)
( 4)
( 5)
(6)
(7)
(8)
(9)
(e)
( 1)
( 2)
( 3)
( 4)
( 5)
(6)
(7)
(f)

207.7(a)
207.7(a)
deleted
207.6(a)
207.6(a)
207.6(a)
207.6(a)
207.6(a)
207.6(a)
207.6(a)
207.6(a)
207.6(a)
207.6(a)
207.6(b)
207.6(b)
207.6(b)
207.6(b)
207.6(b)
207.6(b)
207.6(b)
207.6(b)
deleted

( p)

207.5
(a)(1)
( 2)
(b)(1)
( 2)

207.6
(a)
( 1)
( 2)
( 3)
( 4)
( 5)
( 6)
( 7)
( 8)
(9)
( b)
( 1)
( 2)
( 3)
( 4)
( 5)
(6)
( 7)
(c)
( 1)
(2)
( d)
(e)

, ( c ) and 2 0 7 . 2 ( c )

3)
1)
8)
9)
5)
4)
7)
2)
6)
3)
1)
7)
4)
6)
2)
5)

6-

( 1) and (2)
( 1)
( 1) ( i )
( 1) ( i )
( modi fi ed)

207.4(a
207.4(a
2 0 7 . 4 ( a ( 2) and 207
2 0 7 . 4(a (2) ( i )
and 207. 1 ( c )

2 0 7 . 5(d
2 0 7 . 5(d
2 0 7 . 5(d
2 0 7 . 5(d
2 0 7 . 5(d
2 0 7 . 5(d
2 0 7 . 5(d
2 0 7 . 5(d
2 0 7 . 5(d
2 0 7 . 5(d
20 7 .5(e
2 0 7 .5(e
2 0 7 . 5(e
20 7 .5(e
2 0 7 . 5(e
2 0 7 .5(e
2 0 7 . 5(e
2 0 7 . 5(e
207.2(f
207.2(f
207.2(f
207.2(f
207.2(f

( 2)
( 8)
( 1)
( 6)
( 5)
( 9)
( 7)
( 3)
( 4)
( 2)
( 6)
( 1)
( 4)
( 7)
( 5)
( 3)
( 3)
(3) ( i )
(3) ( i i )
( 4)
( 5)

Old w i t h New

New w i t h Old
207.7
Ti n
( b)
(c)

Boar d o f G o v e r n o r s o f t h e F e d e r a l

207.5(a)
207.1( i )
207.5(a)

R e s e r v e S y s t e m, October 17, 1983.

(signed) William W. Wiles

W i l l i a m W Wi l e s
.
S e c r e t a r y o f t h e Boa r d

-7-

FEDERAL RESERVE SYSTEM
Regulation U
[12 CFR 221]

CREDIT BY BANKS FOR THE PURPOSE OF PURCHASING OR CARRYING MARGIN STOCK
Co mp a r i s o n C h a r t o f Ol d and New R e g u l a t i o n U S e c t i o n s

AGENCY:

Boar d o f G o v e r n o r s o f t h e F e d e r a l

ACTION:

R e g u l a t i o n U Co mp a r i s o n C h a r t

SUMMARY:

On J u l y 27,

1 9 8 3 , t h e Boa r d a p p r o v e d a c o m p l e t e l y r e v i s e d and

s i m p l i f i e d R e g u l a t i o n U.
3 1 , 1983.

R e s e r v e Sys t em

The new r e g u l a t i o n i s e f f e c t i v e a s o f Au g u s t

To f a c i l i t a t e an u n d e r s t a n d i n g o f t h e new r e g u l a t i o n , t h i s

c h a r t p r o v i d e s a c r o s s - r e f e r e n c e o f s e c t i o n number s i n t h e o l d R e g u l a t i o n
U t o t h e i r c o r r e s p o n d i n g s e c t i o n number s i n t h e new r e g u l a t i o n and v i c e
versa.

This c h a r t will

s e r v e a s an a i d t o p e r s o n s t r a c i n g t h e r e g u l a t o r y

t r e a t m e n t o f s p e c i f i c i s s u e s a d d r e s s e d i n R e g u l a t i o n U.
FOR FURTHER INFORMATION CONTACT:

Do u g l a s B l a s s , A t t o r n e y , D i v i s i o n o f

Ba n k i n g S u p e r v i s i o n a nd R e g u l a t i o n , Boar d o f G o v e r n o r s o f t h e F e d e r a l
R e s e r v e Sy s t e m, W a s h i n g t o n , D.C. 2 0 551,
SUPPLEMENTARY INFORMATION:

(202) 452-2781.

The f o l l o w i n g c o m p a r i s o n c h a r t i s b e i n g

p u b l i s h e d a s an a i d t o u n d e r s t a n d i n g t h e c o m p l e t e l y r e v i s e d R e g u l a t i o n U.

-9-

COMPARISON CHART
Co mp a r i s o n o f Ol d w i t h
New S e c t i o n Numbers

Compa r i s on o f New w i t h
Ol d S e c t i o n Numbers

Ol d w i t h New

New wi t h 0 1 d

221. 1
(a)(1)

221.1
Ta l
(b)

(c)(1)
( 2)
( d)

2 2 1 . 1 ( b ) , 2 2 1 . 3 ( a ) and
221.8(b)
deleted
221.3(f)
( p a rtia lly deleted)
deleted
del e t e d
221.3(d)(1)

221.2
fi r s t
sentence
(a)
( b)
(c)
( d)
( e)
(f)
( g)
( h)
(i)
(j)
( 1)
( 2)
( k)
( 1)
(m)

2 2 1 . 5 ( a ) and
221.6(f i r s t sentence)
2 2 1 . 6 ( a ) and ( b)
221.6(e)
221. 5 ( c ) ( 6 ) ( p a r t i a l l y d e le t
2 2 1 . 5 ( b ) and 2 2 1 . 5 ( c ) ( 8 )
221.5(c)(1)
2 2 1 . 5 ( c ) ( 2 ) and 2 2 1 . 6 ( f )
2 2 1 . 5 ( c ) ( 3 ) and 2 2 1 . 6 ( g )
221.5(c)(4)
221.6(c)
221.5(c)(5)
2 2 1 . 5 ( c ) ( 5) ( i )
2 2 1 . 5 ( c ) ( 5) ( i i )
221.5(c)(7)
221.5(c)(9 )(i)
221. 5 ( c ) ( 9 ) ( H )

( 2)
( b)

221.3
(a)
(b)(1)
( 2)
( 3)
(c)
( 1)
( 2)
( 3)
(d)(1)
( 2)
( 3)
(i)
(ii)
( 4)
( 5)
(e)
(f)(1)
( 2)
( g)

added
2 2 1 . 1 ( a ) , 2 2 1 . 3 ( r ) and
(t)

221.2

(a)(1)
( 2)
(3)
(b)(1)
(2)(i)
(ii)
(i i i )
(iv)
( c)
(d)(1)
( 2)
(e)
(f)(1)
(2)
(g)(1)
(2) ( i )
(ii)
(iii)
(iv)
(h)(1)
( 2)
( 3)
( 4)
(5)
(i)
(j)
(k)

2 2 1 . 3 ( b ) and ( c ) (wi t h
m o d i f i c a t i o n ) and 2 2 1 . 2 ( f ) (
2 21 .2(k)
221.2(c)
deleted
221.2(g)(1)
2 2 1 . 2 ( g ) ( 2) ( i )
2 2 1 . 2 ( g ) ( 2 ) (i i )
2 2 1 . 2 ( g ) ( 2 ) ( i i i ) and ( i v )
221.2 (j)
221.2(j)
221.7(c)
221.7(c)(1)
221.7(c)(2)
221.7(d)
221.7(e)
221.3(h)
2 2 1 . 3 ( i ) ( 1 ) and ( 2)
2 2 1 , 3 ( i ) ( 1 ) and ( 3)
221.3(g)(w ith modification)

added
added
added
added
added
added
added
2 2 1 . 3( k)
221.3(b)(2)
added
2 2 1 . 1 ( a ) and 2 2 1 . 3 ( s )
221.3(a)
2 2 1 . 3 ( n ) ( 3 ) ( mo d i f i e d )
221.3(a)
221.3(c)
221.3(c)(1)
221.3(c)(2)
221.3(c)(3)
221.3(c)(3)
2 2 1 . 3 ( v ) (1)
2 2 1 . 3 ( v ) (2)
2 2 1 . 3 ( v ) ( 3 ) ( i ) and ( i i )
2 2 1 . 3 ( v )(4)
2 2 1 , 3 ( v ) (5)
2 2 1 . 4 ( a ) , (b) and
2 2 1 . 3 ( d ) (1 l and (2)
221.3(b)(1)

2 2 1 . 3 ( s)

221. 3
TaTTT)
(2)
( 3)
(b)
(c)(i)
(i i )
(d)(1)
(2)
( 3)
(4)
( e)
(f)(1)
(i)

-10-

2 2 1 . 1 ( a ) , 2 2 1 . 3(m) and
221.3(s)
2 2 1 . 3 ( t ) (3) and (4)
( mo d i f i e d )
2 2 1 . 3( u)
221.3(a)
added
added
2 2 1 . 1 ( d ) and 2 2 1 . 3 ( n ) ( l )
2 2 1 . 1 ( d ) and 2 2 1 . 3 ( n ) ( l )
added
2 2 1 . 3 ( n ) (3)
221.3(n)(l)
221.1(b)
221.1(b)(1)

Old w i t h New

New w i t h 01 d

221.3 c o n t ' d

221.3 c o n t 1
—
u rr~

m—
(i)
(j)

( k)
(

1)

(m)

( n ) (1)
(2 )

(3)
(4)
( o)
(P)
( 1)
(2 )

( 3)

(q)
(r)
(s)
(t)(l)
(2 )

( 3)
( 4)
( u)
(v)(l)
(2 )

( 3)
( 4)
( 5)
(w)
( x)

<y)
(z)

221.4
(a)
( b)
(c)
( d)
( 1)
(2)
( 3)
( 4)
( 5)
(6)
( 7)
( 8)
( 9)

m. 3 ( k )

(j)
(k)

221.1(b)(1)
a dde d
221.3(g)
221.3(e)
221.3(f)(2)
221.3(f)(1)
221.3(f)(2)
2 2 1 . 3 ( i ) and 2 2 1 . 3 ( n ) ( 4 )
221.3(h)

221.4
TTT~
( b)

a dde d
a dde d

(2 )

221.3(j)
deleted
221.2 ( f i r s t sentence)
and 2 2 1 . 2 ( b ) ( 2 ) ( i v )
deleted
221.3(a)(1)
2 2 1 . 3 ( g ) and (h)
deleted
2 2 1 . 3 ( d ) ( 4 ) and 2 2 1 . 2 ( f ) ( 1 )
221.3 ( j ) , 221.6(h), 221.5(c)(8)
and 2 2 1 . 2 ( f ) ( 2 )
2 2 1 . 5 ( c ) ( 1 0 ) and 2 2 1 . 2 ( f ) ( 1 )
deleted
deleted
deleted
deleted
d e l e t e d ( Se e R e g u l a t i o n G,
12 CFR 207)
2 2 1 . 2 ( h ) , 2 2 1 . 3 ( a ) and 2 2 1 . 8 ( a )
2 2 1 . 8 ( b ) and 2 2 1 . 2 ( f ) ( 1 )
2 2 1 . 2 ( h ) and 2 2 1 . 3 ( a )
2 2 1 . 3 ( d ) ( 1 ) and 2 2 1 . 8 ( a )
( p a r t i a l l y deleted)
221.3(a)(2)
deleted
221.3(a)(3)
221.2(h)(1)
221.2(h)(2)
221.2(h)(3)
221.2(h)(4)
221.2(h)(5)
2 2 1 . 5 ( c ) ( 11) and 2 2 1 . 2 ( f ) ( 1 )

(g)
(h)
( i ) (1)

(2 )

( 3)

221.5
Tarr~
( b)
(c)(1)
(2 )

( 3)
( 4)
( 5)
(i)
(ii)
(6 )
( 7)
(8 )

( 9) ( i )
(ii)
( 10)
(11 )
(12)

( 13)

deleted
2 2 1 . 5 ( c ) ( 12) and 2 2 1 . 2 ( f ) ( 1 )
( p a r t i a l l y deleted)
2 2 1 . 5 ( c ) ( 13) and 2 2 1 . 2 ( f ) ( 1 )
( p a r t i a l l y deleted)

I
1
1
1
1
1
1

2 2 1 . 8 ( a ) and ( c )
221.8(a)
deleted
221.7(a)
221.7(a)(3)
221.7(a)(1)
221.7(a)(8)
221.7(a)(9)
221.7(a)(5)
221.7(a)(4)
221.7(a)(7)
221.7(a)(2)
221.7(a)(6)

1 (g)
1 (h)

221.2(a)
221.2(a)
221.2(i)
a dded
221.2(b)
221.2(f)
221.2(g)
2 2 1 . 3 ( n ) (4)

1
I 221.7
1 (a)
1
( 1)
1
( 2)
1
( 3)
1
(4)
1
(5)
1
(6)
1
(7)
1
(8)
1
( 9)

221.4(d)
221.4(d)(2)
221.4(d)(8)
221.4(d)(1)
221.4(d)(6)
221.4(d)(5)
221.4(d)(9)
221.4(d)(7)
221.4(d)(3)
221.4(d)(4)

-11

221.6
(a)
( b)
(c)
( d)
(e)
(f)

221.2 ( f i r s t sentence)
221.2 e)(modified)
221.2 e ‘
221.2 f
221.2 g
221.2 h
221.2 j
2 2 1 . 2 j (1 )
2 2 1 . 2 j (2 )
2 2 1 . 2 c (modified)
221.2 k
221.2 d
221.2 1
221.2 m
221.3 o (modified)
221.3 w (modified)
221.3 y (modified)
2 2 1 . 3 z (modi f i e d )

Ol d w i t h New

I

221.4 c o n t ' d

I
I
1
1
1
1
1
1
1
1
1
1
1
1
1

221.7 c o n t ' d

(d)
(e)

221.4(e)
221.4(e)
221.4(e)
221.4(e)
221.4(e)
221.4(e)
221.4(e)
221.4(e)
221.3(d)
221.3(d)
221.3(d)
221.3(d)
221.3(d)

I
1
1
1

221.8
(a)
( b)
(c)

221.4(a)
221.3(s)
221.4(a)

(e)
(1)
( 2)
( 3)
(4)
(5)
(6)
(7)
(f)

221. 7( b)
221.7(b)(3)
221.7(b)(1)
221.7(b)(7)
221.7(b)(4)
221.7(b)(6)
221.7(b)(2)
221.7(b)(5)
deleted

New wi t h Ol d

1

(b)
( 1)
( 2)
( 3)
( 4)
(5)
( 6)
( 7)
(c)
( 1)
(2)

1

Boar d o f G o v e r n o r s o f t h e F e d e r a l

R e s e r v e S y s t e m,

October 17,

1983.

(signed) William W. Wiles

W i l l i a m W. Wi l e s
S e c r e t a r y o f t h e Boa r d

( 2)
( 6)
( 1)
( 4)
( 7)
( 5)
( 3)
( 3)
(3) ( i )
(3) (i i )
( 4)
( 5)

and (b
and 22