The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
> F E D E R A L R ESER VE BANK O F NEW YORK Circular No. 8085 Aprif 4, 1977 HOLIDAY NOTICE To the Member Banks, and Others Concerned, in the Second Federal Reserve District; Banks located in New Jersey, Connecticut, and Puerto Rico will be closed on Good Friday, April 8, 1977. 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, April 11, 1977* Banks located in the Virgin Islands will be closed on April 7, 8, 11, and 29- Items drawn on banks in the Virgin Islands that would otherwise be presented on April 7» 8, and 11 will be presented on the next business day, April 12, 1977; items drawn on Virgin Islands banks that would otherwise be presented on April 29 will be presented on May 2, 1977* 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 the holidays indicated above as business days for the purposes of availability of credit for cash items sent to the Head Office of this Bank, except that credit availability for cash items drawn on banks participating in the North Jersey Regional Check Processing Center at our Cranford Office that are received at our Head Office after 12 noon on Thursday, April 7 * will be given on Monday, April 11. P aul A. V olcker, President. F E D E R A L R ESER VE BANK O F N EW YORK April U, 1977 CRANFORD OFFICE OF THIS BANK CLOSED ON APRIL 8,1977 To All Banks Participating in the North Jersey Regional Check Processing Center: As indicated in our Circular No. 8000, dated November 29, 1976, this Bank’s Cranford Office (North Jersey Regional Check Processing Center) will be closed on Good Friday, April 8, 1977. Items that would otherwise be presented by that Office for payment in New Jersey on that day will be presented on the next business day, April 11, 1977* Corresponding delays will occur in the return of unpaid items and in the forwarding of advices of nonpayment of such items. The Cranford Office will be open to accept deposits during normal business hours on Thursday night, April 7, 1977- Credit availability for such deposits will be given on Monday, April 11. The Cranford Office will also accept deposits from member banks served by that Office for transshipment to the New York Head Office during the evenings of April 7 and 8, subject to the provisions of the time schedules indicated in Appendix No. 1-D to Operating Circular No. 5, Revised effective November 9, 1976. P aul A. V olcker, President.
@FedFRASER