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FEDERAL RESERVE BANK OF NEW YORK Circular No. 8785 March 27, 1980 MEMORIAL DAY — LAST MONDAY IN MAY Change in New York Observance, Beginning This Year To All Member Banks, and Others Concerned, in the Second Federal Reserve District: Beginning this year, th e la st M o n d a y in M a y has been designated as Memorial Day in New York, as the result of a recent change in New York State law. Accordingly, a ll offices of this Bank will be closed on Monday, May 26, 1980 and will be open on May 30, 1980. The New York observance of Memorial Day now conforms to the practice of most other States, including Connecticut and New Jersey. With regard to Memorial Day, this notice supersedes our Circular No. 8666, dated October 23, 1979. Thomas M. T imlen , First Vice President.