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FEDERAL RESERVE BANK OF N EW YORK r C ircular No. 6 5 7 4 T. L Ju ly IS, 1970 J COUNTING OF SILVER COIN AS RESERVES Extension to August 10 of Time To Submit Comments on Proposed Amendment to Regulation D To A ll Member Banks, and Others Concerned, in the Second Federa l Reserve D is tric t: The Board of Governors of the Federal Reserve System has extended, until August 10, 1970, the period within which interested persons may submit views on the proposed amendment to section 204.1 (j) of Regulation D. The proposal, con tained in our Circular No. 6554, dated June 3, 1970, would exclude from the scope of the term “ currency and coin” any coin that is being held principally for its bullion value or numismatic value. Comments on the proposed amendment should be sent to our Bank Reports and Analysis Department. A lfred H ay es, President.