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FEDERAL RESERVE BANK OF NEW YORK No. 7523-1 ecember J [ CDircular 12, 1974 Member of Federal Advisory Council To the M em ber Banks of the Second Federal R eserve D istrict: The Board of Directors of this Bank has selected E l l m o r e C. P a tte rso n , Chairman of the Board, Morgan Guaranty Trust Com p a n y of New York, New York, N. Y., to serve during the year 1975 as the member of the Federal Advisory Council from the Second F e d e r a l Reserve District. H e will succeed G a b r i e l H a u g e , Chairman of the Board of Manufacturers Hanover Trust Company, New York, X. Y., who is this District’s member of the Council for 1974. A lfred H a y es, President.