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FED ERA L RESERVE BANK
OF NEW YORK

Circular No. 7375
April 8, 1974

HOLIDAY NOTICE
To the Member B anks, and Others Concerned,
in the Seco n d F e d e r a l R e s e rv e D istrict:

B a n k s l o c a t e d in N e w Jersey, C o n n e c t i c u t , and P u e r t o
Rico w i l l be c l o s e d on G o o d Friday, A p r i l 12, 1974.

Accordingly,

c a s h items a n d n o n c a s h items th a t are p a y a b l e by, at or t h r o u g h
b a n k s in t h e s e a r e a s a n d t ha t w o u l d o t h e r w i s e be p r e s e n t e d on
th a t day, w i l l be p r e s e n t e d on the ne x t b u s i n e s s day, A p r i l 15,
1974.

B a n k s l o c a t e d in the V i r g i n I s l a n d s w i l l be c l o s e d on

A p r i l 11, 12, and 15.

I t ems d r a w n on V i r g i n I s l a n d s b a n k s that

w o u l d o t h e r w i s e be p r e s e n t e d on t h ose days w i l l be p r e s e n t e d on
the n e x t b u s i n e s s day, A p r i l 16, 1974.

Corresponding delays will

w i l l al s o o c c u r in the r e t u r n of u n p a i d items and in the f o r w a r d i n g
of a d v i c e s of n o n p a y m e n t of such items.
W e w i l l c o n t i n u e to c o n s i d e r t hose h o l i d a y s as b u s i n e s s
d a y s for the p u r p o s e s of a v a i l a b i l i t y of c r e d i t for c a s h items
sent to the H e a d O f f i c e of this Bank.

Howe v e r , c r e d i t for d e p o s i t s

of c a s h items d r a w n o n b a n k s p a r t i c i p a t i n g in the N o r t h J e r s e y
R e g i o n a l C h e c k P r o c e s s i n g Center, r e c e i v e d at the H e a d O f f i c e of
this B a n k on T h u r s d a y , A p r i l 11, 1974 a f t e r 12 noon, w i l l be g i v e n
o n M o nday, A p r i l 15, 1974.




Alfred Hayes,
President.