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FEDERAL RESERVE BANK
OF NEW YORK

Circular No. 9599
December 15, 1983

Board of Directors

To the Member Banks of the Second Federal Reserve District:

The Board of Governors of the Federal Reserve System has redesignated

JOHN BRADEMAS as th is B ank’s Chairm an of the Board and F ederal Reserve
A gen t for the year 1984. Dr. B radem as, who is P resid en t of N ew York
U niversity, N ew York, N .Y ., has been servin g as a class C director, and as
Chairman and Federal Reserve A gent, since January 1983.
The Board of Governors has reappointed GERTRUDE G. MlCHELSON Deputy
Chairm an for the year 1984. Mrs. M ichelson, who is Senior V ice President of
R.H. M acy & Co., N ew York, N .Y ., has been servin g as a class C director since
February 1978, and as Deputy Chairman since January 1983.
The Board of Governors has also reappointed CLIFTON R. WHARTON, JR. a
class C director for the three-year term b eginning January 1, 1984. Dr. Wharton,
who is Chancellor of the State U n iversity of N ew York System , A lbany, N .Y .,
has been serving as a class C director since January 1983.




A nthony M. Solomon ,
President.