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FED ER AL RESERVE BANK
O F NEW YORK

L

C ircu lar No. 7591

I

March 20, 1975

I

HOLIDAY NOTICE

To the Member B anks, and O thers Concerned,
in the Second F ederal R ese rv e D istrict:

Banks located in New Jersey, Connecticut, and Puerto Rico will be
closed on Good Friday, March 2 8 , 1975.

Accordingly, cash items and noncash

items that are payable by, at, or through banks in these areas and that would
otherwise be presented by this Bank on that day will be presented on the next
business day, March 3 1 , 1975*
closed on March 27 , 2 8 , and 31.

Banks located in the Virgin Islands will be
Items drawn on Virgin Islands banks that would

otherwise be presented on those days will be presented on the next business day,
April 1 , 1975*

Corresponding delays will also occur in the return of unpaid

items and in the forwarding of advices of nonpayment of such items."
We will continue to consider those holidays as business days for
the purposes of availability of credit for cash items sent to the Head Office
of this Bank.




Al

f r e d

Ha

y e s

,

President.