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FEDERAL RESERVE BANK OF
NEW YORK 1HH

IJ

d

May 1974

(fill
SECOND FEDERAL RESERVE DISTRICT



Head Office ♦ 33 Liberty Street
Federal Reserve PO. Station
New York, N.Y

10045

212-791-5000 (For use only when
individual numbers are not known)

Buffalo Branch ♦ 160 Delaware Avenue
PO. Box 961
Buffalo, N.Y.

14240

716-853-1700

Cranford Office ♦ 2 Jackson Drive
Cranford, N.J. 07016
201-272-9000

Jericho Office ♦ 113 South Service Road
Jericho, N .Y 11753
516-997-4500

Relocation Office ♦ P.O. Box 660
Amherst, Mass.




413-584-2674

01002

FEDERAL

RESERVE

BANK

OF N E W

YORK

May 1974

To All Banks in the
Second Federal Reserve D istrict:
This edition of the directory of this Bank is an organization direc­
tory, showing the functional organization of the Bank and its departm ents
and divisions, together w ith the names and telephone numbers of the offi­
cers, division chiefs, and certain senior staff members of the Bank. This di­
rectory supplements the directory issued in December 1973, which listed
operational m atters on which we receive frequent telephone inquiries, the
departm ents in which they are handled, and the telephone num bers to which
such inquiries should be directed. New appointm ents of officers and changes
in th eir titles are announced currently in supplements to, or revisions of,
our Operating C ircular No. 1, “Authorized Signatures.”
The use of this directory should aid you in communicating w ith the
appropriate persons and units in this Bank. We will be pleased to furnish
additional copies of the directory upon request.




A lfred H a y e s ,

President.

CONTENTS

Page

Organization Directory
D irectors ..................................................... 3
Member of Federal Advisory Council. . . 3
L ist of Officers:
Head Office............................................... 4
Buffalo B ran c h ........................................

6

Audit F u n c tio n ......................................

6

Functional O rg a n iz a tio n .......................... 7
Telephone Numbers of Persons
Listed in the D irecto ry ..........................16
(and inside
back cover)




DIRECTORS
Term expires December SI

R o s w e ll L. G ilpatric, Chairman, and F ederal R eserve A g e n t................................................................ 1974
(Class C director—appointed by Board of Governors)
Partner, Cravath, Swaine & Moore, Attorneys, New York, N. Y.
F ran k R. M illik en , D eputy C h a irm a n ........................................................................................................... 1975
( Class C director—appointed by Board of Governors)
President, Kennecott Copper Corporation, New York, N. Y.
Norman B r a ssle r ( Class A director—elected by Group 2 b a n k s)............................................................ 1974
Chairman of the Board, New Jersey Bank (National Association), Clifton, N. J.
M aurice F. G ra n v ille ( Class B director—elected by Group 1 b a n k s)....................................................1976
Chairman of the Board, Texaco Inc., New York, N. Y.
Jack B. Jackson (Class B director—elected by Group 3 b a n k s).............................................................. 1975
President, J. C. Penney Co., Inc., New York, N. Y.
A la n P ifer (Class C director—appointed by Board of G overn ors)........................................................1976
President, Carnegie Corporation of New York, New York, N. Y.
David R o c k e fe lle r ( Class A director—elected by Group 1 b a n k s)........................................................1976
Chairman of the Board, The Chase Manhattan Bank (National Association), New York, N. Y.
W illiam S. S n ea th (Class B director—elected by Group 2 b a n k s)........................................................1974
President, Union Carbide Corporation, New York, N.Y.
Newman E. W ait, Jr. (Class A director—elected by Group 8 b a n k s)................................................... 1975
President, The Adirondack Trust Company, Saratoga Springs, N. Y.

BUFFALO BRANCH
Norman F. B each, C hairm an .............................................................................................................................. 1974
Vice President, Eastman Kodak Company, Rochester, N. Y.
J. W allace E ly ........................................................................................................................................................ 1976
Chairman of the Board, Security New York State Corporation, Rochester, N. Y.
T heodore M. McCl u r e ......................................................................................................................................... 1974
President, The Citizens National Bank and Trust Company, W ellsville, N. Y.
D onald R. N esbitt ..................................................................................................................................................1975
Owner and operator, Silver Creek Farms, Albion, N.Y.
D aniel G. Ra n s o m ..................................................................................................................................................1976
President, The Wm. Hengerer Company, Buffalo, N.Y.
Claude F. S h u c h t e r ..............................................................................................................................................1975
President, Manufacturers and Traders Trust Company, Buffalo, N. Y.
R upert Wa r r e n ...................................................................................................................................................... 1976
Former President, Trico Products Corporation, Buffalo, N. Y.

MEMBER OF FEDERAL ADVISORY COUNCIL
Gabriel H a u g e ........................................................................................................................................................ 1974
Chairman of the Board, Manufacturers Hanover Trust Company, New York, N. Y.




3

OFFICERS
A l f r e d H a y e s , P residen t
R i c h a r d A . D e b s, F irst Vice P residen t
C h a r l e s A . C o o m b s, Senior Vice P residen t

T h o m a s M . T i m l e n , J r . , S enior Vice P residen t

Foreign
A l a n R. H o lm e s , Senior Vice P residen t
Open Market Operations and Treasury Issues

Accounting Control, Building and Planning,
Data Services, Government Bond and
Safekeeping o f Securities, Loans and Credits,
Personnel, and Service
T h o m a s 0 . W a a g e , Senior Vice P residen t
Cash and Collection, Check Processing, and
Public Information

W i l l ia m H . B r a u n , J r .

Vice P residen t
Cash and Collection
R i c h a r d G . D a v is , Vice P resident

Research and Statistics
K a r l L. E g e , Vice P residen t

Check Processing
P e t e r F o u s e k , Economic A dviser

Research and Statistics
(Advice and special studies
with respect to international
economic and financial affairs)
G e o r g e G a r v y , Vice P residen t

and Senior A dviser
Advice to President and F irst
Vice President on policy
m atters, and responsibility for
special studies

P a u l B. H e n d e r s o n , J r .

Vice P residen t
Data Services
J o h n T. K e a n e , Vice P resident

Personnel
L e o n a r d L a p id u s , Vice P residen t

Public Information
R obert E . L lo y d , J r.

Vice P residen t
Building and Planning
P a u l M e e k , M onetary A dviser
Open Market Operations and
Treasury Issues (Advice and
special studies with respect to
open market operations and
policies)
S c o t t E . P a r d e e , Vice P residen t
Foreign
F red W . P id e r it , J r .

E d w a r d G . G u y , Vice P residen t

and General Counsel
Legal

J a m e s 0 . A st o n

A ssista n t Vice P residen t
Check Processing .
(Check Adjustm ent and
Return Items, Check
Processing, and Payment
System s Departm ents)
L o u i s J. B r e n d e l
A ssista n t Vice P residen t
Building and Planning
(P lanning Department)
A. T h o m a s C o m b a d e r
Buildings A dm in istrator
Building and Planning
(Building Operating
Department)
R o b e rt L. C ooper

A ssista n t Vice P residen t
Open Market Operations
and Treasury Issues
J o s e p h R . C oyle

Chief Securities Trading
Officer
Open Market Operations
and Treasury Issues

Vice P resident
Bank Supervision and
Relations

H o w a r d F . C ru m b , A dviser
Data S e r v ic e s
H en ry S. F u ja r s k i, J r.

A ssista n t Vice P residen t
Loans and Credits
M a r g a r e t L. G r e e n e

A ssista n t Vice P residen t
Foreign
R i c h a r d H . H o e n ig

A ssista n t Vice P residen t
Public Information
M a tth e w J. H oey

A ssista n t Vice P residen t
Government Bond and
Safekeeping of Securities
(Government Bond and
Safekeeping Departm ent)
W h i t n e y R . I r w in

A ssista n t Vice P resident
Check Processing
(Cranford Office—North Jersey
Regional Check Processing
Center)

R o b e r t J. C r o w l e y

A ssista n t Vice P residen t
Foreign

4



A. M a r s h a l l P u c k e t t
Vice P residen t
Accounting Control

F r e d H . K l o p s t o c k , A dviser
F o re ig n

T h o m a s C. S l o a n e

Vice P residen t
Government Bond and
Safekeeping o f Securities
F r e d e r i c k L. S m e d le y

Vice P residen t
Service
P e te r D. S te r n l ig h t

Vice P residen t
Open Market Operations and
Treasury Issues
H . D a v id W i l l e y , Vice P residen t

Foreign, and Loans and
Credits

A n t o n S. N iss e n

A ssista n t Vice P residen t
Research and Statistics
(S tatistics Departm ent)
J am es H . Oltm an

A ssista n t General Counsel
Legal
E d w in R . P o w e r s

A ssista n t Vice P residen t
Data Services (Computer
Operations, Computer
Planning, and Computer
Support Departm ents)
B e n e d ic t R a f a n e l l o

A ssista n t Vice P residen t
B a n k S u p e r v is io n
a n d R e l a tio n s ( B a n k
A p p lic a tio n s a n d F o r e i g n
B a n k i n g R e g u l a tio n s
D e p a rtm e n ts )
W a l t e r S. R u sh m o re

A ssista n t Vice P residen t
Accounting Control
I r w i n D. S a n d b e r g

A ssista n t Vice P residen t
Open Market Operations
and Treasury Issues

OFFICERS— Continued
F r e d e r i c k C. S c h a d r a c k , J r .

A dviser
Research and Statistics
W illia m M. S c h u ltz

A ssista n t Vice P resident

R u dolf T hunberg

A ssista n t Vice P residen t
Research and Statistics
(Domestic Research and
International Research
Departments)

S e rv ic e
R obert C. T h o m a n

A ssista n t Vice P resident
Bank Supervision and
Relations (Bank
Exam inations and Bank
Relations Departm ents)
B r u c e G. A l e x a n d e r , M anager

Personnel Department
L e o n a r d I . B e n n e t t s , M anager

Check Adjustment and
Return Items Department
J e r r y B e r k o w i t z , M anager

Computer Planning
Department
J a m e s H . B o o t h , M anager

Regulations and Bank
A nalysis Department
K a r e n J . B o p p , M anager

Cash Custody and Collection
Departments
A r m o n d J . B r a i g e r , M anager

Savings Bond Department
R a l p h A . C a n n III, M anager

Check Processing Department
T e r r e n c e J . C h e c k i , M anager

Personnel Department
J o h n C h o w a n s k y , M anager

Management Information
Department
P a u l J . C ie u r z o , M anager

Government Bond and
Safekeeping Department
L o u i s J . C o n r o y , M anager

Emergency Planning
Department
R ic h a r d D. C o o p e rs m ith

A ssista n t Counsel
E . G e r a l d C o r r i g a n , Secretary
F r e d A . D e n e s e v i c h , M anager

Check Processing Department
A d a m R . D ic k , M anager

Bank Relations Department
M a t t h e w C. D r e x l e r , M anager

Building Operating
Department
E d n a E . E h r l i c h , M anager

International Research
Department




P h il ip V an Orm an

A ssista n t Vice P residen t
Personnel

W il l ia m M . W a l s h

A ssista n t Vice P residen t
Data Services
(Research Computer
Department)
W illia m H . W e te n d o r f

A ssista n t Vice P residen t
Government Bond and
Safekeeping of Securities
(Savings Bond and Security
Custody Departm ents)
R o b ert Y oung, J r.

A ssista n t General Counsel
Legal
E u g e n e P. E m o n d , M anager

Credit and Discount
Department
F re d e ric k L. F re y

Chief E xam iner
Bank Examinations
Department
P e t e r J . F u l l e n , M anager

Computer Operations
Department

E r n e s t T. P a t r ik is

A ssista n t Counsel
J e r o m e P. P e r l o n g o , M anager

Cranford Office—North Jersey
Regional Check Processing
Center
L e o p o ld S . R a s s n i c k , A ssista n t

Counsel, and A ssistan t
Secretary
M a ry J . R o d g ers

M i c h a e l J . H a m b u r g er

Senior Econom ist
G e r a l d H a y d e n , M anager

Computer Support
Department
L e o n R . H o lm e s , M anager

Cash Department
J o h n C. H o u h o u l i s , M anager

Payment System s Department
B e r n a r d J . J a c k s o n , M anager

Foreign Department
E d w a r d F. K i p f s t u h l , M anager

Foreign Banking Regulations
Department
J o s e p h E . K l a r b e r g , M anager

Accounting Department
L e o n K o r o b o w , M anager

Banking Studies Department
R o n a l d E . L o n g , M anager

Planning Department
C h a r l e s M . L u c a s , M anager

Statistics Department
F r a n k W . L u n d b la d , J r .

M anager
Protection Department
J o s e p h M . O ’C o n n e l l , M anager

Check Processing
Department
T h e o d o r e N. O p p e n h e im e r

A ssista n t Secretary
E d w a r d J . O z o g , M anager

Acceptance and
Securities Departments

A ssista n t Counsel
F r a n c i s H . R o h r b a c h , M anager

Personnel Department
E d w in S . R o t h m a n , M anager

Foreign Department
H e r b e r t H . R u e s s , M anager

Credit and
Discount Department
G e o rg e W . R y a n

Foreign Exchange Officer
R a l p h C. S c h in d l e r

Research Com puter Officer
C e c il A . S h e p h e r d

Equal O pportu nity Officer
B e n j a m i n S t a c k h o u s e , M anager

Bank Applications
Department
G a r y H . S t e r n , M anager

Domestic Research
Department
S t e p h e n G. T h i e k e

A ssista n t Secretary
S h e i l a L . T s c h i n k e l , M anager

Securities Department
R u t h A n n T y l e r , M anager

Service Department
R i c h a r d V o l l k o m m e r , M anager

Government Bond and
Safekeeping Department
S t e p h e n P. W e is , M anager

Security Custody Department

5

OFFICERS— Continued

BUFFALO BRANCH
A n g u s A . M a c I n n e s , J r . , Vice P residen t
R o n a l d B. G r a y , A ssista n t Vice P residen t and Cashier

M anagement Reports and Personnel
H a r r y A. C u r t h , J r . , A ssista n t Cashier

Bank Relations and Public Information;
Cash; Protection; and Emergency Planning

P e t e r D. L u c e , A ssista n t Cashier

Accounting; Check; and Computer Services

G a r y S. W e i n t r a u b , A ssista n t Cashier

Building Operating; Collection,
Loans, and F iscal Agency; and Service

AUDIT FUNCTION
G e o r g e C . S m i t h , General A uditor
J o h n E. F l a n a g a n , A ssista n t General A u ditor
W. W i l l i a m B a u m g a r d t , M anager, Auditing Department

6



FUNCTIONAL ORGANIZATION

A lfred H a y e s , President
R ic h a r d A. D e b s , F irst Vice President
C h a r l e s A. C oom bs ,

T h o m a s M. T im l e n , J r .,

Senior Vice President (Foreign)
A l a n R. H o l m e s , Senior Vice President

(Open M arket Operations and
T reasury Issues)

Senior Vice President
(Accounting C ontrol; Building and
P lan n in g ; D ata Services; Government
Bond and Safekeeping of S ecurities;
Loans and C red its; P ersonnel; Service)

T h o m a s 0 . W a a g e . Senior Vice President

(Cash and Collection; Check P rocessing;
Public Inform ation)

Accounting Control
A. M a r s h a l l P u c k e t t , Vice President
W a lter S. R u s h m o r e , A ssistant Vice President

ACCOUNTING DEPARTMENT

J o s e p h E . K larberg , Manager

Accounting Division ♦ JOHN J . STRICK, Chief
Disbursing Division ♦ F r a n c is J . REISCHACH, C hief

MANAGEMENT INFORMATION DEPARTMENT
J o h n C h o w a n s k y , Manager

Management Information
Division ♦ A n t h o n y V PUCCIARELLI, Chief

Audit
G eorge C. S m i t h , General A uditor
J o h n E . F l a n a g a n , A ssistant General A uditor
Special Studies ♦ O liv er W . CORDZ, Special A ssistant
♦ J a m e s L a v in , J r ., Special A ssistant
♦ W oodrow F . S w e e n e y , Special A ssistant

AUDITING DEPARTMENT

W. W il l ia m B a u m g ard t , Manager

A udit A nalysis D ivision ♦ DONALD R. A n d e r so n , Chief
A uditing D ivision ♦ G eorge J . KERRIGAN, Chief




7

Bank Supervision and Relations
F red W . P id e r it , J r ., Vice President
B e n e d ic t R a f a n e l l o , A ssistant Vice President
(B a n k A p p lic a tio n s a n d F o re ig n B a n k in g

Regulations D epartm ents)
R obert C. T h o m a n , A ssista n t Vice President

(Bank Exam inations and
Bank Relations D epartm ents)
Special Studies ♦ A lfred E . H a m e l , Special A ssistant

BANK APPLICATIONS DEPARTMENT

B e n j a m i n S t a c k h o u s e , Manager

Bank Applications Division ♦ ANTHONY J . S e g e s t i , Chief
♦ R obert C. R e l y e a , Special A ssistant

BANK EXAMINATIONS DEPARTMENT
F r e d e r ic k L. F r ey , C hief Exam iner
Examining Division ♦ J o h n A. C l e a r , Supervising Review E xam iner
♦ J o s e p h M. H a l p e r n , Supervising Exam iner
(Autom ation)
♦ W il l ia m J . M il u s ic h , Supervising Exam iner
(Foreign)
♦ A. J o h n M a h e r , Supervising Review Exam iner
(Trust)
♦ E dward W . W arde , Supervising Review E xam iner

BANKING STUDIES DEPARTMENT

L e o n K orobow , Manager

Banking Studies Division ♦ G eorge B u d z e ik a , Special A ssistant
♦ D avid G. H o ld sw o rt h , Special A ssistant

BANK RELATIONS DEPARTMENT

A dam R. D i c k , Manager

Bank Relations Division ♦ JOHN A. D u g a n , Special A ssistant (Office)
♦ A lfred A. B eva cqu a , J r ., Special Representative
♦ B ruce A. C a sse l l a , Special Representative
♦ J o h n P . R e ic h , Special Representative
♦ R a y m o n d C. L averty , Special Representative
Technical Assistance
Division ♦ C arl H. A l l e n , Special A ssistant

FOREIGN BANKING REGULATIONS DEPARTMENT
E dward F . K i p f s t u h l , Manager

Foreign Banking
Regulations Division ♦ V in c e n t J . K ulda , Chief

REGULATIONS AND BANK ANALYSIS DEPARTMENT
J a m e s H . B o o t h , Manager

Regulations and Bank
Analysis Division ♦ JAMES P. B arry , Chief
Securities Regulations
D ivision ♦ J a m e s M. M c N e il , Chief
8



Building and Planning
R obert E. L loyd , J r., Vice President
Louis J. B r e n d e l , A ssistant Vice President

(Planning Departm ent)
A. T h o m a s C om bader , Buildings A dm inistrator

(Building Operating D epartm ent)

BUILDING OPERATING DEPARTMENT

M a t t h e w C. D r ex ler , Manager

J o s e p h C. M e e h a n , Building Superintendent

Building Maintenance
Division ♦ C h e s t e r E . K m ie c , Chief
Building Service Division ♦ ANTHONY C. SGAMBAT, Chief
Power Plant Division ♦ E dward C. B e r g l in d , Chief Engineer

PLANNING DEPARTMENT

R ona ld E . L on g , Manager

Methods and Systems
Division ♦ R obert J . M is c h l e r , Chief
Purchasing Division ♦ F red er ic k W. F orberg , Purchasing A gent

Cash and Collection
W il l ia m H . B r a u n , J r ., Vice President

CASH DEPARTMENT

L eo n R. H o l m e s , Manager

Cash Administration
Division ♦ C h a r l e s J. MlNEUR, Chief
Coin Division ♦ ANTHONY 0 . ACQUAVIVA, Chief
Paying and Receiving
Division ♦ J o h n W L a n z a , Chief
Sorting and Counting
D ivision ♦ F r a n k X . CASSIDY, Chief

CASH CUSTODY DEPARTMENT

K a r e n J . B o p p , Manager

Cash Custody Division ♦ W a lter E .O ’M ara , Chief

COLLECTION DEPARTMENT

K a r e n J . B o p p , Manager

Collection Division ♦ J o s e p h F. D o n n e l l y , Chief
Coupon Division ♦ JOSEPH P. B o tta , Chief
Wire Transfer Division ♦ CHARLES E . ROCKEY, Chief




9

Check Processing
K ar l L. E ge , Vice President
J a m e s 0 . A s t o n , A ssistant Vice President

(Check A djustm ent and R eturn
Items, Check Processing, and
Paym ent Systems D epartm ents)
W h it n e y R. I r w in , A ssistant Vice President
(C ranford Office—N orth Jersey
Regional Check Processing Center)

CHECK ADJUSTMENT AND RETURN ITEMS DEPARTMENT
L eon ard I. B e n n e t t s , Manager

Check Adjustment Division ♦ W il l ia m E. H a r t m a n n , Chief
Return Items Division ♦ G erard F. C lodgo, Chief

CHECK PROCESSING DEPARTMENT

R a l p h A. C a n n I I I , Manager
F red A. D e n e s e v ic h , Manager
J o s e p h M. O’C o n n e l l , Manager

Automated Check
Processing Division ♦ H e n r y F. W ie n e r , Chief
Check Processing
Division (Day) ♦ J o h n F. S obala , Chief
Check Processing
Division (Night) ♦ M i c h a e l M. S a l e r n o , Chief
Jericho Office—Long Island
Regional Check
Processing Division ♦ EDWARD H. DENHOFF, Chief

CRANFORD OFFICE—North Jersey Regional Check Processing Center
W h it n e y R. I r w in , A ssista n t Vice President
J er o m e P. P er lo n g o , Manager

Cranford Office—North Jersey
Regional Check
Processing Division ♦ R o b e r t JOSEPH AMBROSE, Chief
♦ N oel R. S c a f fa , Special A ssistant

PAYMENT SYSTEMS DEPARTMENT

J o h n C. H o u h o u l is , Manager

Data Services
P a u l B. H e n d e r s o n , J r ., Vice President
H oward F. C r u m b , A dviser
E d w in R. P o w ers , A ssistant Vice President

(Computer Operations, Computer Planning,
and Computer Support D epartm ents)
W il l ia m M. W a l s h , A ssistant Vice President
(Research Computer D epartm ent)
10



COMPUTER OPERATIONS DEPARTMENT

P et e r J . F u l l e n , Manager

Communications Services
Division ♦ G eorge L u k o w ic z , Chief
Computer Operations
Division ♦ K e n n e t h H. L y n c h , Chief
Data Processing Division ♦ VINCENT P. CENTORRINO, C hief
J erry B e r k o w it z , Manager

COMPUTER PLANNING DEPARTMENT

G erald H a y d e n , Manager

COMPUTER SUPPORT DEPARTMENT
Applications Support
Division ♦ D e n is L. C o n w a y , Chief
Project Development
D ivision ♦ H . JOHN COSTALOS, Chief
Technical Services
D ivision ♦ ANGUS J . KENNEDY, Chief

RESEARCH COMPUTER DEPARTMENT
R a l p h C. S c h in d l e r , Research Computer Officer

Research Communications
Division ♦ O leg H o f f m a n , Chief
Research Information
Sciences Division ♦ H erbert M. Q u i n n , Chief
Research Mathematical
Sciences Division ♦ ISRAEL SENDROVIC, Chief
Research Operations
Systems Support Division ♦ SALVATORE J. CALI, Chief

Equal Opportunity
C e c il A. S h e p h e r d , Equal Opportunity Officer

Foreign
C h a r l e s A. C oom bs , Senior Vice President
H. D avid W il l e y , Vice President
S cott E . P a rdee , Vice President
R obert J. C r o w ley , A ssistant Vice President
M argaret L. G r e e n e , A ssistant Vice President
F red H. K l o p s t o c k , A dviser

FOREIGN DEPARTMENT
G eorge

B ern a rd J . J a c k s o n , Manager
E d w in S. R o t h m a n , Manager
W R y a n , Foreign Exchange Officer

Cable Division ♦ T h o m a s J . F a y , J r ., Chief
Foreign Operations
Division ♦ T h o m a s C. B a r m a n , Chief




11

Government Bond and Safekeeping of Securities
T h o m a s C. S l o a n e , Vice President
M a t t h e w J . H oey , A ssistant Vice President

(Government Bond and Safekeeping D epartm ent)
W il l ia m H . W e t e n d o r f , A ssistant Vice President

(Savings Bond and Security Custody D epartm ents)
Special Studies ♦ R ic h a r d F . D a n b e c k , Special A ssistant
♦ R obert V. K e ih n e r , J r ., Special A ssistant

GOVERNMENT BOND AND SAFEKEEPING DEPARTMENT
P a u l J . C ieu rzo , Manager
R ic h a r d V o l l k o m m e r , Manager

Government Bond Division ♦ A r t h u r A. K l a s s , Chief
Safekeeping Division ♦ JORGE A . B r a t h w a it e , C hief
Securities Clearance
Division ♦ D o na ld E. S c h m id , C hief

SAVINGS BOND DEPARTMENT

A r m o n d J . B r a ig er , Manager

Savings Bond Division ♦ MARK E. ASCERNO, Chief

SECURITY CUSTODY DEPARTMENT

S t e p h e n P. W e is , Manager

Security Custody Division ♦ JOHN J . MACKENRODT, C hief

Legal
E dward G. G u y , Vice President and General Counsel
J a m e s H . O l t m a n , A ssistant General Counsel
R obert Y o u n g , J r ., A ssistant General Counsel

LEGAL DEPARTMENT

R ic h a r d D. C o o p e r s m it h , A ssista n t Counsel
E r n e s t T. P a t r ik is , A ssista n t Counsel
L eopold S. R a s s n ic k , A ssista n t Counsel,

and A ssista n t Secretary
M ary J . R odgers , A ssista n t Counsel

Law Library Division ♦ H e l e n M. BURNS, C hief Law Librarian

Loans and Credits
H. D avid W il l e y , Vice President
H e n r y S. F u j a r s k i , J r ., A ssista n t Vice President

CREDIT AND DISCOUNT DEPARTMENT
Credit Division ♦ JOSEPH A. C l a r k , C hief
Discount Division ♦ F r a n k l in T. L ove , Chief
12



E u g e n e P. E m o n d , Manager
H erbert H . R u e s s , Manager

Open Market Operations and Treasury Issues
A l a n R. H o l m e s , Senior Vice President
P e t e r D. S t e r n l ig h t , Vice President
P a u l M e e k , Monetary A dviser
R obert L. C ooper , A ssistant Vice President
J o s e p h R. C oy le , Chief Securities Trading Officer
I r w in D. S a n d berg , A ssistant Vice President
ACCEPTANCE DEPARTMENT
E dward J . O zog , Manager
Acceptance Division ♦ R a l p h T. H e l f r ic h , Chief
SECURITIES DEPARTMENT
E dward J . O zog, Manager
.. . , .
S h e i l a L. T s c h i n k e l , Manager
Securities A nalysis
Division ♦ JOHN S. H il l , Chief

Securities Operations
Division ♦ DANIEL B o l w e l l , Chief

Personnel
J o h n T. K e a n e , Vice President
P h i l i p V a n O r m a n , A ssistant Vice President
PERSONNEL DEPARTMENT
B ruce G. A l e x a n d e r , Manager
T e r r e n c e J . C h e c k i , Manager
F r a n c is H. R o h r b a c h , Manager
Career Development Division ♦ J a m e s H. G aver , Chief
Compensation Division ♦ L eo W. V a n B e e k , Chief
Medical Division ♦ D r . C h e s t e r S. H ow ard , Medical Director
Personnel Services Division ♦ M argaret E. SLATTERY, Chief
♦ E r n e s t A. K n a u s s , Special A ssistant

Placement and Counseling
Division ♦ R oberta J . G r e e n , Chief
Training Division ♦
Special Projects Staff ♦ G race K. C o l l in s , Special A ssistant
♦ J a m e s F. E g a n , Special A ssistant
♦ I r e n e E . N o v a k , Special A ssistant

Public Information
L eon ard L a p id u s , Vice President
R ic h a r d H . H o e n ig , A ssistant Vice President

PUBLIC INFORMATION DEPARTMENT
Public Information Division ♦ W. RAYMOND GATGENS, Chief

Research and Statistics




R ic h a r d G. D a v is , Vice President
P e t e r F o u s e k , Economic Adviser
A n t o n S. N i s s e n , A ssistant Vice President
( S ta tis tic s D e p a rtm e n t)
F r e d e r ic k C. S c h a d r a c k , J r ., Adviser
R udolf T h u n b e r g , A ssistant Vice President

(Domestic Research and International
Research Departm ents)
M ic h a e l J . H a m bu rg er , Senior Economist
13

DOMESTIC RESEARCH DEPARTMENT

G ary H . S t e r n , Manager

Business Conditions Division ♦ NICHOLAS PERNA, Chief
Money and Finance Division ♦ F red J. L e v in , Chief
Research Library Division ♦ J e a n D e u s s , C hief Librarian
Visual Aids Division ♦ JO HN H . HENDRICKSON, Chief

INTERNATIONAL RESEARCH DEPARTMENT
E d n a E . E h r l ic h , Manager

Balance of Payments
Division ♦ SUSAN B. FOSTER, Chief
Foreign Research Division ♦ ROGER M. KUBARYCH, Chief

STATISTICS DEPARTMENT

C h a rle s

M. L u c a s , Manager

Financial Statistics Division ♦ SUSAN C. YOUNG, Chief
Market Statistics Division ♦ E dward J. R e g a n , Chief

Secretary's Office
E . G erald C o r r ig a n , Secretary
T heodore N . O p p e n h e im e r , A ssista n t Secretary
L eopold S. R a s s n ic k , A ssistant Secretary, and

A ssistant Counsel
S t e p h e n G. T h i e k e , A ssista n t Secretary

Circulars Division ♦ EDWARD J.

ROONEY,

Jr., Chief

Senior Adviser
G eorge G arvy , Vice President and Senior A dviser

Service
F r e d e r ic k L. S m e d l e y , Vice President
W il l ia m M. S c h u l t z , A ssista n t Vice President

EMERGENCY PLANNING DEPARTMENT

Louis J . C o n r o y , Manager

Relocation Office Division ♦ ETHAN W A l l e n , Office Manager

PROTECTION DEPARTMENT

F r a n k W L u n d bla d , J r ., Manager

Protection Division ♦ B ern a rd T. F usco , Chief
Vault Division ♦ J o h n E . M c I n t y r e , Chief

SERVICE DEPARTMENT

R u t h A n n T y l e r , Manager

Correspondence Files
Division ♦ E il e e n P age , Chief
Duplicating Division ♦ PH ILIP KRACKOW, Chief
Food Supply Division ♦ M argaret T . S u l l iv a n , Chief
Post Office Division ♦ A n t h o n y N . S a g l ia n o , Chief
14



BUFFALO BRANCH
A n g u s A. M a c I n n e s , J r ., Vice President
R ona ld B. G ray , A ssistant Vice President and Cashier

Accounting; Check; and Computer Services
P et e r D. L u c e , A ssistant Cashier

Accounting Division ♦ DONALD J . WEBER, Chief
Check Division ♦ D avid P. SCHWARZMUELLER, Chief
Computer Services Division ♦ JOHN F . K r a f t , Chief

Audit
Branch Auditing ♦ F red er ic k W. M o r t e n s o n , Branch A uditor

Bank Relations and Public Information;
Cash; Protection; and Emergency Planning
H arry A. C u r t h , J r ., A ssistant Cashier
Bank Relations and
Public Information ♦ R obert J . M c D o n n e l l , Special Representative
Cash Division ♦ P h i l i p G. COLETTI, Chief
Protection Division ♦ WILLIAM A. ROSS, Acting Captain
Emergency Planning ♦ E d w in E . MlLLIRON, Special A ssistant

Building Operating; Collection, Loans, and Fiscal Agency; Service
G ary S. W e in t r a u b , A ssistant Cashier

Building Operating Division ♦ S ie g fr ie d H. BOCHMANN, Building Superintendent
Collection, Loans, and
Fiscal Agency Division ♦ C alvert NlEDERPREUM, Chief
Service Division ♦ R a y m o n d A. M e t z , Chief

Management Reports; Personnel
R onald B. G ray , A ssistant Vice President and Cashier

Management Reports ♦ E d w in E . M il l ir o n , Special A ssistant
Personnel Division ♦ A l l a n C. HlNES, Chief




15

TELEPHONE NUMBERS OF PERSONS LISTED IN ORGANIZATION DIRECTORY
H EAD OFFICE

(212) 791—
Acquaviva, Anthony 0 ............. 5112
Alexander, Bruce G....................6261
Allen, Carl H ................................6072
Anderson, Donald R..................5308
Ascerno, Mark E ........................ 5972
Aston, James 0 ........................... 6334
Barman, Thomas C.................... 5833
Barry, James P ........................... 5919
Baumgardt, W. W illiam............. 5297
Bennetts, Leonard 1...................5292
Berglind, Edward C...................5620
Berkowitz, J e r r y ........................5545
Bevacqua, Alfred A., Jr............ 6071
Bolwell, D a n ie l.......................... 5466
Booth, James H ...........................5910
Bopp, Karen J ..............................5079
Botta, Joseph P ........................... 5081
Braiger, Armond J .....................5970
Brathwaite, Jorge A ..................6116
Braun, William H., Jr.............. 6180
Brendel, Louis J .......................... 6111
Budzeika, G eorge........................5845
Burns, Helen M...........................5016
Cali, Salvatore J .........................6211
Cann, Ralph A., I l l ................. 6335
Cassella, Bruce A ........................6071
Cassidy, Frank X ........................5052
Centorrino, Vincent P .............. 5458
Checki, Terrence J ...................... 5534
Chowansky, J o h n ......................5264
Cieurzo, Paul J .............................5077
Clark, Joseph A ...........................6144
Clear, John A...............................5899
Clodgo, Gerard F . ......................5252
Collins, Grace K...........................6033
Combader, A. T h o m a s............. 6198
Conroy, Louis J ...........................5355
Conway, Denis L.........................5144
Coombs, Charles A ......................6170
Cooper, Robert L........................ 5485
Coopersmith, Richard D ...........5007
Cordz, Oliver W .........................5316
Corrigan, E. G era ld ................. 5222
Costalos, H. J o h n ......................5578
Coyle, Joseph R...........................5478
Crowley, Robert J ...................... 5694
Crumb, Howard F.......................5550
Danbeck, Richard F . ................. 6068
Davis, Richard G........................ 6332
Debs, Richard A .......................... 6168
Denesevich, Fred A .................... 5321
Deuss, J e a n ................................ 5671
Dick, Adam R...............................6070
Donnelly, Joseph F.....................5740
Drexler, Matthew C...................6200
Dugan, John A.............................6071
Egan, James F............................. 6035
Ege, Karl L...................................6011
Ehrlich, Edna E ..........................6328
Emond, Eugene P .......................6146
Fay, Thomas J., Jr......................5439
Flanagan, John E ...................... 5540
Forberg, Frederick W .............. 5527
Foster, Susan B .......................... 5502
Fousek, P ete r .............................. 6314
Frey, Frederick L ...................... 5895

16




(212) 791—
Fujarski, Henry S., Jr..............5349
Fullen, Peter J .............................5460
Fusco, Bernard T . ......................5108
Garvy, G eo r g e ............................ 6085
Gatgens, W. R aym on d ............. 6109
Gaver, James H...........................5536
Green, Roberta J ........................ 6029
Greene, M argaret L.................. 5688
Guy, Edward G...........................6162
Halpern, Joseph M.....................5887
Hamburger, Michael J ..............6310
Hamel, Alfred E ......................... 5892
Hartmann, William E ................5294
Hayden, G era ld .......................... 5139
H elf rich, Ralph T .......................6077
Henderson, Paul B., Jr..............5547
Hendrickson, John H................ 5806
Hill, John S ..................................5706
Hoenig, Richard H......................6141
Hoey, Matthew J .................... .. .6073
Hoffman, O le g ............................ 6215
Holdsworth, David G................. 5848
Holmes, Alan R........................... 6186
Holmes, Leon R...........................5049
Houhoulis, John C...................... 5997
Howard, Chester S.................... 5207
Jackson, Bernard J .................... 5679
Keane, John T ............................. 6182
Keihner, Robert V., Jr................5361
Kennedy, Angus J ...................... 5142
Kerrigan, George J .................... 5299
Kipfstuhl, Edward F ................ 5881
Klarberg, Joseph E .................... 5228
Klass, Arthur A .......................... 5359
Klopstock, Fred H...................... 5690
Kmiec, Chester E ........................ 6205
Knauss, Ernest A ....................... 5780
Korobow, L eon............................ 5846
Krackow, P h ilip ..........................5416
Kubarych, Roger M....................5488
Kulda, Vincent J ......................... 5878
Lanza, John W ........................... 5060
Lapidus, L e o n a r d ......................6136
Laverty, Raymond C................ 6071
Lavin, James, Jr.......................... 5543
Levin, Fred J ............................... 5647
Lloyd, Robert E., Jr.................. 6095
Long, Ronald E ...........................6127
Love, Franklin T . ......................5395
Lucas, Charles M.......................6321
Lukowicz, G eo r g e ......................5453
Lundblad, Frank W., Jr............6553
Lynch, Kenneth H ...................... 5457
Mackenrodt, John J .................. 6367
Maher, A. John............................ 5894
McIntyre, John E .......................6091
McNeil, James M....................... 5915
Meehan, Joseph C...................... 6204
Meek, Paul .................................5481
Milusich, William J .................... 5888
Mineur, Charles J ...................... 5047
Mischler, Robert J .....................6113
Nissen, Anton S.......................... 6345
Novak, Irene E .............................6034
O’Connell, Joseph M.................. 5321
Oltman, James H........................ 5005

(212) 791O’Mara, Walter E .......................561
Oppenheimer, Theodore N. . . .521
Ozog, Edward J ........................... 547
Page, Eileen ...............................543
Pardee, Scott E ........................... 569
Patrikis, E rnest T . ....................502
Perna, Nicholas ........................ 563
Piderit, Fred W., J r .................... 616
Powers, Edwin R.........................555
Pucciarelli, Anthony V . ...........526
Puckett, A. M a rsh a ll............... 526
Quinn, Herbert M.......................517
Rafanello, Benedict ..................587
Rassnick, Leopold S .................. 501
Regan, Edward J .........................565
Reich, John P . ............................ 607
Reischach, Francis J .................523
Relyea, Robert C.........................586
Rockey, Charles E ..................... 507
Rodgers, Mary J .........................500
Rohrbach, Francis H..................595
Rooney, Edward J., Jr.............. 521
Rothman, Edwin S.....................568
Ruess, Herbert H ....................... 537
Rushmore, Walter S .................. 526
Ryan, George W ......................... 639
Sagliano, Anthony N ................ 540
Salerno, Michael M.................... 532
Sandberg, Irwin D .................... 608
Schadrack, Frederick C., J r .. .610
Schindler, Ralph C.................... 621
Schmid, Donald E .......................538
Schultz, William M.................... 535
Segesti, Anthony J .....................586
Sendrovic, I s r a e l ......................621
Sgambat, Anthony C................ 619
Shepherd, Cecil A .......................595
Slattery, M argaret E ................572
Sloane, Thomas C.......................537
Smedley, Frederick L................ 535
Smith, George C......................... 553
Sobala, John F . .......................... 532
Stackhouse, B e n ja m in ............. 585
Stern, Gary H ............................. 631
Sternlight, Peter D ...................548
Strick, John J ...............................525
Sullivan, Margaret T . ............. 512
Sweeney, Woodrow F ................ 554
Thieke, Steven G.........................610
Thoman, Robert C...................... 589
Thunberg, R u d o lf......................630
Timlen, Thomas M., J r..............616
Tschinkel, Sheila L.................... 571
Tyler, Ruth A n n ........................512
Van Beek, Leo W .......................626
Van Orman, P h ilip ....................603
Vollkommer, R ich a rd ............... 581
Waage, Thomas 0 ...................... 615
Walsh, William M.......................621
Warde, Edward W .................... 589
Weis, Stephen P . ........................636
Wetendorf, William H .............. 581
Wiener, Henry F .........................534
Willey, H. D a v id ........................569
Young, Robert, J r ........................ 502
Young, Susan C........................... 579




Cranford O fficeNorth Jersey Regional
Check Processing Center
(201) 272-9000
EXTENSION

Ambrose, Robert J o se p h ...........230
Irwin, W hitney R.........................213
Perlongo, Jerome P .................... 213
Scaffa, Noel R.................................237

Jericho O fficeLong Island Regional
Check Processing Division
(516) 997-4500
Denhoff, Edward H.

Relocation Office
(Amherst, Mass.)
(413) 584-2674
Allan, Ethan W.

Buffalo Branch

(716) 853-1700
EXTENSION

Bochmann, Siegfried H.............. 277
Coletti, Philip G.............................294
Curth, Harry A., J r...................... 208
Gray, Ronald B .............................204
Hines, Allan C...............................260
K raft, John F .................................244
Luce, Peter D .................................206
Maclnnes, Angus A., Jr..............200
McDonnell, Robert J ....................266
Metz, Raymond A ..........................259
Milliron, Edwin E .........................225
Mortenson, Frederick W............ 272
Niederpreum, C a lv e r t............... 227
Ross, William A .............................231
Schwarzmueller, David P . .........249
Weber, Donald J .............................240
Weintraub, Gary S........................203