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FED ERAL RESER VE BANK O F NEW YORK f" Circular No. 3 9 3 3 " l U January 13, 1953 J To Member Batiks in the Second Federal Beserve D istrict: R obert T. S tevens, who has served since M ay 1948, as a class C director and as Chairman o f the B oa rd and F ederal R eserve A gent at the F ederal R eserve B ank o f N ew Y ork, has resigned effective Jan u ary 19, 1953, to accept appointm ent as S ecretary o f the A rm y. A llan S proul, P resident.