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F E D E R A L R E S E R V E BA N K O F N EW YORK r Circular No. 4 7 7 5 1 L August 24, 1959 J STATE OF HAWAII IN TWELFTH FEDERAL RESERVE DISTRICT To A ll Banks, and Others Concerned, in th e Second Federal R eserve D istrict: W e have been advised by the B oard o f G overnors o f the F ederal R eserve System that it has taken the follow in g action: In view o f the admission of Hawaii to statehood, as a result o f the issuance o f the President’s proclamation o f A ugust 21, 1959, in accordance with the provisions o f the A ct o f March 18, 1959 (73 Stat. 4 ), and, acting pursuant to section 17 o f that A ct, the B oard o f Governors o f the Federal Reserve System has readjusted the Federal Reserve Districts so as to include the State o f H awaii in the Tw elfth Federal Reserve District, effective A u gust 21, 1959. W ithin the Tw elfth D istrict the State o f Hawaii will be included in the zone served by the H ead Office. Since the adm ission o f H aw aii to statehood has rendered inappropriate certain language in the B o a r d ’ s Regulations E , G, H, I, J, L, and U, the B oa rd has also acted to amend those regulations in the follow in g respects, effective A ugust 21, 1959: Section II, paragraph 2 o f Regulation E ; Footnote 1 o f Regulation H ; and Footnote 1 o f Regula tion I are amended by eliminating therefrom the words “ continental United States” and substituting therefor the words “ States o f the United States and the D istrict o f C olum bia” . Footnote 1 o f Regulation G and Footnote 1 of Regulation J are amended by eliminating there from the words ‘ ‘ H awaii ’ ’ and ‘ ‘ Puerto R ico ’ ’ and by substituting fo r the words ‘ ‘ continental United States” the words “ States o f the United States and the D istrict o f Colum bia” . The “ Designations o f Federal Reserve Districts fo r Banks in Territories, Dependencies, etc. ’ ’ issued pursuant to Footnote 1 o f Regulation G and Footnote 1 o f Regulation J are amended b y deleting the paragraphs referring to Hawaii. Regulation L is amended by eliminating from Footnote 3 (b ) thereof the words “ the Philippine Islands” and “ H aw aii,” . Regulation U, section 221.2 (i) is amended by eliminating therefrom the number “ 4 9 ” . T o con form our Operating Circular No. 4, Circular No. 8, Collection o f Noncash Items, to have amended those circulars, effective A ugust T h ird Supplem ent to Operating Circular No. Circular No. 8, copies o f which are enclosed fo r Collection o f Cash Item s, and our Operating such amendments o f R egulations G and J, we 21, 1959. The amendments are set forth in the 4 and the F ourth Supplement to Operating those on our m ailing lists to receive them. Copies o f the amendments to the B o a r d ’s regulations w ill be sent to you shortly. A d d i tional copies o f this circular and its enclosures w ill be furnished upon request. A lfred H ayes, President. F R ed era l of N eserv e ew Yo B ank rk Third Supplement to Operating Circular No. 4 I ( R e v i s e d e f f e c t i v e J u ly 1 5 . 1 9 5 4 ) August 2 4 , 19S9 COLLECTION OF CASH ITEMS T o the M em ber and N onm em ber Clearing Banks o f the Second Federal R eserve D istrict: U pon the admission o f Hawaii to statehood on A ugust 21, 1959, the B oard o f Governors o f the Federal Reserve System readjusted the Federal Reserve Districts so as to include the State o f Hawaii in the Tw elfth Federal Reserve District. To reflect this inclusion, F oot note 2 o f our Operating C ircular No. 4, Revised effective J u ly 15, 1954, as amended by the Second Supplement thereto dated March 20, 1959, is hereby further amended, effective A ugust 21, 1959, to read as follow s: 2 F o r the p u rp o s e s o f this circu la r, a n y d ep en d en cy , in su lar possession , o r p a rt o f th e U n ited States ou tsid e the States o f the U n ited S ta tes and the D is trict o f C o lu m b ia shall be deem ed t o be in o r o f such F ed era l R e se rve D is tr ic t as th e B o a r d o f G o v ern ors m ay designate. A lfred H ayes, President. F ed era l o f R N eserv e ew Yo B ank rk P I Fourth Supplement to Operating Circular N o. 8 I ( R e v i s e d N o v e m b e r 1, 1 9 4 9 ) A u g u s t 2 4 , 1959 COLLECTION OF NONCASH ITEMS To th e M em ber and N onm em ber Clearing Banks o f the Second Federal R eserve D istrict: Upon the admission o f Hawaii to statehood on August 21, 1959, the B oard o f Governors o f the Federal Reserve System readjusted the Federal Reserve Districts so as to include the State o f Hawaii in the Tw elfth Federal Reserve District. To reflect this inclusion, F oot note 1 o f our Operating Circular No. 8, Revised November 1, 1949, as amended by the F irst and Second Supplements thereto dated July 15, 1954, and March 20, 1959, respectively, is hereby further amended, effective August 21, 1959, to read as follow s: 1 F o r the p u rp o s e s o f this circu la r, a n y d ep en d en cy , in su la r possession, o r p a r t o f the U n ited States ou tsid e the S ta tes o f the U n ited States and the D is trict o f C olu m b ia shall b e deem ed to b e in o r o f such F ed era l R eserve D is trict as the B o a r d o f G o v ern ors m ay designate. A lfred H ayes, President.
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