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FEDERAL RESERVE BANK
OF NEW YORK

Circular No. 9 2 6 6
M arch 26

1982

HOLIDAY NOTICE

To All Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:

Banking institutions located in Connecticut and New Jersey will be closed on Good Friday,
April 9, 1982. Additionally, as indicated in our Circular No. 9150, dated September 25, 1981, this
Bank’s Cranford Office (North Jersey Regional Check Processing Center) will be closed April 9,
1982. Accordingly, cash items and noncash items that are payable by, at, or through institutions in
these States, and that would otherwise be presented by this Bank on that day, will be presented on
the next business day, Monday, April 12, 1982. Banking institutions in Puerto Rico will also be
closed on April 9, 1982, and those located in the Virgin Islands will be closed on April 8, 9, and 12.
Items drawn on institutions in Puerto Rico or the Virgin Islands that would otherwise be presented
on those days will be presented on the next business day. Corresponding delays will also occur in the
return of unpaid items and in the forwarding of advices of nonpayment of such items.
Credit for cash items drawn on banking institutions in New Jersey served by our Cranford
Office that are received at our Head Office after 10 p.m. on Wednesday, April 7, will be given on
Monday, April 12. The Cranford Office will be open to accept direct deposits during normal business
hours on Thursday evening, April 8, 1982. Credit availability for such deposits will be given on
Monday, April 12. Also during the evening of April 8, the Cranford Office will accept deposits from
institutions served by that Office for transshipment to the New York Head Office, subject to the
provisions of the time schedules indicated in Appendix No. 1-D to Operating Circular No. 5, Revised
effective November 9, 1976, as amended.
Credit for cash items drawn on banking institutions in Connecticut, Puerto Rico, and the Virgin
Islands received after 12 noon on Wednesday, April 7, at the New York Head Office will be given on
Monday, April 12. There will be no change in the usual availability of credit granted for any other
cash items deposited at the Head Office of this Bank.




A nthony

M.

S olomon,

President.