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CIRCULAR N O .

108

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FEDERAL RESERVE BANK
OF N E W YORK

July

15,

1918.

T o THE C A S H I E R ,
SIR:

I take pleasure in announcing the following changes in the official staff of this bank,
effective July 1, 1918:
Mr. Louis F . Sailer, formerly D e p u t y Governor and Cashier, continues as
D e p u t y Governor b u t retires as Cashier.
M r . Laurence H . Hendricks, formerly assistant cashier, has been elected
Cashier.
M r . E. R. Kenzel, formerly assistant cashier, has been elected Manager
of Investments.
M r . L. R. Rounds, formerly acting assistant cashier in the Bond Issue Division, has been elected assistant cashier.
M r . I. W. Waters, formerly acting chief clerk, has been elected an assistant
cashier.
Mr. John E. Raasch has been elected assistant cashier.
Mr. Dudley H . Barrows has been elected assistant secretary, effective February
13. 1918.
Facsimile of the signatures of all of the officers now authorized to sign on behalf of the bank
are within. Please cancel all previous instructions.




Respectfully,
B E N J . STRONG,

Governor.

Mr.

Mr.

H.

ROBERT

TREMAN,

ajw.
Mr.

JAMES

Mr.

F.

Deputy Governor, will sign:

HENDRICKS,

^^J^(^JiA^^M-^l^^-

JOSEPH

D.

HIGGINS,

Cashier, will sign:

GILBERT

E.

CHAPIN,




HERBERT CASE,

Deputy Governor, will sign:

Mr

Loms p

SAILER>

D e p u t y GovernOT| will sign:

Mr.EDwraR. KENZEL, Manager of Investments,will sign

f
~">

Asst. Cashier, will sign:

+#&su4?

Mr.

Mr. J.

K^fSd^

Deputy Governor, Counsel and
Secretary will sign:

H.

Governor, will sign:

r£A*t<yiA^^

CURTIS,

LAURENCE

Mr.

BENJAMIN STRONG,

Assistant Cashier, will sign:

Mr.

ARTHUR

W.

GILBART,

Asst. Cashier, will sign:

(h
Mr. J.

WILSON JONES,

Assistant Cashier, will sign:

Mr.

ADOLPH

J.

LINS,

Asst. Cashier, will sign:

Mr.

WALTER

B.

MATTESON,

Assistant Cashier, will sign:

lA^TO
Mr.

LESLIE

R.

ROUNDS,

Asst. Cashier, will sign:

Mr. I.

WARD WATERS,

Assistant Cashier, will sign:

£ Mfsttfta
Mr.

JOHN

E.

RAASCH,

Assistant Cashier, will sign:

Mr.

HOWARD

M.

JEFFERSON,




RAY

M.

GIDNEY,

H.

BARROWS,

Assistant Secretary,will sign:

Auditor, will sign correspondence:

Mr.

Mr. PIERRE JAY, Chairman,

and Federal Reserve Agent, will sign:

Mr.

MR. DUDLEY

U4<1—

GEORGE FOSTER PEABODY,

will sign:

Assistant Federal Reserve Agent, will sign:

Deputy Chairman,