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FED ER AL RESERVE BANK O F NEW YORK [ C irc u la r N o . 7 7 7 5 I D ece m b er 17, 1975 J Member of Federal Advisory Council To the Member Banks of the Second Federal Reserve D istrict: The Board of Directors of this Bank has selected E l l m o r e C. P a tte r so n , Chairman of the Board, Morgan Guaranty Trust Com pany of N ew York, N ew York, N. Y., to serve during the year 1976 as the member of the Federal Advisory Council from the Second Federal Reserve District. Mr. Patterson has been serving in this ca pacity during 1975. Paul A. V o l c k e r , Presiden t.