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FEDERAL RESERVE BANK
OF NEW YORK

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January 7, 1981

CRANFORD OFFICE OF THIS BANK CLOSED ON JAN UAR Y 15, 1981

To All North Jersey Regional
Check Processing Center Participating Banks:

As indicated in our Circular No. 8936, dated October 21, 1980, this Bank’s
Cranford Office (North Jersey Regional Check Processing Center) will be closed on
Thursday, January 15, 1981, in observance of Martin Luther King’s birthday. Cash
items that would otherwise be presented by the Cranford Office for payment in New
Jersey on that day will be presented on the next business day, January 16, 1981.
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 Wednesday night, January 14, and Thursday night, January 15, 1981. Credit
availability for such deposits will be given on Friday, January 16, 1981.
The Cranford Office will also accept deposits from member banks served by that
office for delivery to the New York Head Office during the evenings of January 14 and
15, subject to the provisions of the time schedules indicated in Appendix No. 1-D to
Operating Circular No. 5.




A n t h o n y M. S o l o m o n ,

President.