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FEDERAL RESERVE BANK OF NEW YORK ID ll Jd January 1969 SECOND FEDERAL RESERVE DISTRICT Head Office ♦ 33 Liberty Street Federal Reserve P.O. Station New York, N.Y. 10045 212-732-5700 Branch ♦ 160 Delaware Avenue Buffalo, N.Y. 14240 716-853-1700 Relocation Office ♦ 113 South Cayuga Street Ithaca, N.Y. 607-273-2640 14850 FEDERAL RESERVE BANK OF NEW YORK January 30,1969 To All Banks in the Second Federal Reserve District: This edition of the directory of this Bank follows the design of the directory we issued and sent you in January 1968, which is now super seded. The first part is a telephone directory, listing operational matters on which we receive frequent telephone inquiries, the departments in which they are handled, and telephone extensions to which such inquiries can be directed. The second part, beginning on page 24, is an organization directory, showing the functional organization of the Bank and its departments and divisions, together with the names of the officers, division chiefs, and cer tain senior staff members of the Bank. New appointments of officers and changes in their titles are announced currently in supplements to, or revi sions of, our Operating Circular No. 1, “ Authorized Signatures.” The use of this directory should aid you in directing your com munications to the appropriate persons and units in this Bank. We will be pleased to furnish additional copies upon request. A lfred H a y e s , President. CONTENTS Page Telephone Directory General information for banks............. 5 Head Office.............................................. 6 Buffalo Branch........................................ 20 Organization Directory Head Office Administrative Services.........................24 A u d it....................................................... 25 Bank Supervision and Relations............. 25 Cash and Collections...............................26 F oreign................................................... 26 Government Bond and Safekeeping of Securities........................................ 27 L e g a l....................................................... 27 Loans and Credits.................................. 27 Open Market Operations and Treasury Issues.................................. 28 Payment Systems .................................. 28 Personnel ................................................28 Public Information................................ 29 Research and Statistics.........................29 Secretary’s Office.................................... 29 Buffalo Branch...........................................30 Directors ................................................... 31 Member of Federal Advisory Council........31 Officers ....................................................... 32 NOTE: The lettered Regulations referred to in this Directory are Regulations of the Board of Governors of the Federal Reserve System. HEAD OFFICE DEPARTMENTAL Accpt. Acctg. Audit. B. Exam. Bk. Rel. Bid. Op. Coll. Comp. S. Cr. Dis. Dom. Rs. Forgn. Gov. Bd. Int. Rs. Man. In. Paym. S. Plan. Prot. Pub. In. Sav. Bd. Secy. 0. Secur. Srvce. Stat. 4 ABBREVIATIONS Acceptance Accounting Auditing Bank Examinations Bank Relations Building Operating Collection Computer Services Credit and Discount Domestic Research Foreign Government Bond and Saf International Research Management Information Payment Systems Planning Protection Public Information Savings Bond Secretary’s Office Securities Service Statistics FEDERAL RESERVE TELEPHONE BANK OF NEW YORK DIRECTORY General information (or banks 1. For some operations, more than one extension is indicated. If the first extension line is busy, request an alternate extension line. For any inquiry on an operation not listed in this directory, call our Bank Relations unit (Head Office: 212-732-5700, Extension 672 or 377; Buffalo Branch: 716-853-1700, Extension 208). 2. On page 4 and the inside of the back cover are listed Head Office depart mental abbreviations. These abbreviations are used in the telephone directory to indicate departments in which the listed operations are conducted. 3. Collect calls. A collect call can be made concerning any of the following matters: (a) On a sizeable adjustment to correct an entry on your statement of account or because a large item was missent from this Bank, including its Buffalo Branch. (b) When a difference appears on our advice of the automatic charge for a cash letter to a paying bank, or such cash letter is not received. (c) On a request to us to make a telegraphic transfer of bank balances in ac cordance with this Bank’s Operating Circular No. 10, paragraphs 8 and 15. (d) When a member bank is subscribing for Government securities and has not received forms therefor for timely submission. (e) When a bank calls our Auditing Department for information on our books at the request of an examiner of a supervisory authority. ( f ) When a member bank calls for advice of its reserve balance on our books. 4. In accordance with this Bank’s Operating Circulars, requests for currency or coin (No. 3, paragraph 20) or the delivery of securities from or for safekeeping (No. 14, paragraph 11) should ordinarily not be made by telephone; if, in an emergency, such a request is made by telephone, prompt written confirmation will be necessary. When an emergency telephone call is made to order cash or savings bond stock, or to complete a transaction such as a wire transfer, a collection, or the delivery of securities from or for safekeeping, please be prepared to furnish the required test word. 5. Requests for supplies, including forms, furnished by us should also ordi narily not be made by telephone. To avoid emergency requests for supplies, reorder when your inventory has declined to about a three-week supply. 5 HEAD OFFICE Telephone 212-732-5700 Dept. Extension A Acceptances ....................................................................... Accpt. Bankers’—monthly survey, open market transactions, 708/287 Regulations B and C 708/287 Trade, open market transactions Accounts Foreign central banks, foreign governments, and in ternational financial organizations—payment and 602/603 deposit of fu n d s ....................................................... , Forgn. Member and nonmember clearing banks..................... Acctg. Adjustments (missing or unrecognized entries)* 250/142/8058 276/553/329 Current day’s opening balance* 250/142/8058 Prior days’ balances* Reconciliations (See Audit confirmations) 450/538 Remittance, cash lette r................................................, Acctg. Savings bond issuing agents—consignment............... Sav. Bd. 787/734 Treasurer of United States, deposits by general de 460/542 positaries for credit t o ............................................ ., Acctg. Treasury Tax and Loan accounts Commercial paper as collateral................................ Cr. Dis. 609/608 Other m atters........................................................... , Gov. Bd. 616/260 Adjustments Cash letters................................................................. .. Check 241 Current Noncurrent 668/511/591 Special inquiries 263/667/227 Checks returned without en try..................................... Check 227/246/263 Coin claims and differences........................................ .. Cash 677/315/791 Currency claims and differences............................... . Cash 420/430 Direct sending of checks............................................ . Acctg. 356/313/394 Government checks—reclamations............................. Coll. 540/550 Missing or unrecognized entries*............................... . Acctg. 250/142/8058 Reserve account (See Member bank accounts) Advances and discounts (Regulation A ) ....................... . Cr. Dis. 609/608 Agency securities, U.S. Government............................. . Gov. Bd. 393/428/642 Armed Forces Leave Bonds—redemption..................... . Sav. Bd. 493/494 Armored car service, currency and co in ......................... . Cash 416/414 Audit confirmations Information from this Bank’s records*..................... . Audit. 590/345 Requests for, made by this Bank’s Auditing Depart ment ......................................................................... . Audit. 705/503/8257 Automatic charge plan (for cash letters to paying banks)* ....................................................................... . Acctg. 450/538 *For calls that can be made collect, see page 5, paragraph 3. 6 HEAD OFFICE Telephone 212-732-5700 B Dept. Balance of payments (U.S.) Current developments ................................................. Int. Rs. Statistical information ............................................... Int. Rs. Treasury foreign exchange reports.............................Int. Rs. Voluntary foreign credit restraint program Filing of required data ............................................Int. Rs. Guidelines .................................................................Forgn. Statistical information ............................................Int. Rs. Bank holding companies (Regulation Y) .......................B.Exam. Bank protection regulations (Regulation P) ................. B.Exam. Bank service arrangements (Regulation S ) ................... B.Exam. Bills of exchange—acceptance by member banks, open market transactions (Regulations B and C) ............. Accpt. Bonds (See Collections; Government securities; InterAmerican Development Bank bonds; International Bank for Reconstruction and Development bonds; Retirement Plan bonds; Safekeeping; Savings bonds and notes) Branch applications ......................................................... B.Exam. Building (Bank), operation o f ........................................Bid. Op. C Capital stock of Federal Reserve Banks Issue and cancellation (Regulation I ) .........................B.Exam. Dividends.......................................................................Secur. Cash (See Coin; Currency) Checkbooks for member and nonmember clearing banks.. Plan. Checks Automatic charge plan (for cash letters to paying banks)* .....................................................................Acctg. Clearing arrangements Establishment and operation.................................. Check Settlement of balances City, outside New York C ity ................................ Coll. Other .....................................................................Acctg. Design and preprinting................................................Check Direct sending Adjustments ............................................................. Acctg. Advices of cash letters sen t...................................... Acctg. Permission ............................................................... Check Extension 352/236/115 115/742/386 742/779/386 8034/8035 163/8051 8034/8035 8297/789 669/487 487 708/287 8297/789 8281 669/690 784 8065 450/538 797 8042 250/142/8058 574 356/313/394 553/276/329 797 *For calls that can be made collect, see page 5, paragraph S. 7 HEAD OFFICE Telephone 212-732-5700 Dept. Extension Checks—Continued Drawn on this Bank, certification o f ........................... Cash 207/355 Encoding (MICR) ........................................................Check 574/321 Government (U.S.) checks.......................................... Check 738/8000 Incoming items on New York City banks..................... Check 312/321 Incoming items on other than New York City banks... Check 418/321 738/8000 Money orders, postal......................................................Check New York City Clearing House, claims and allowances. Check 359/516 665 Par l i s t ...........................................................................Check 665 Recall of presentment.................................................... Check 474 Regulation J ................................................................. Check Reserve accounts, drawn on 722 Deposits of, by hand..................................................Coll. Other inquiries concerning...................................... Acctg. 553/276/329 227/246/263 Returned without en try ................................................ Check Return item s................................................................. Check 216/406/407/408 Advices of nonpayment Rules on advices, lateness, and protest 324/453/246 Sent by this Bank to data-processing centers............... Check 321/474 Transportation routes of motor carriers..................... Check 797 Circulars, B an k ................................................................. Secy. 0. 758 Clearing arrangements (See Checks and Government [U.S.] securities) C oin.................................................................................... Cash Armored car service 416/414 Claims and differences 315/791/677 Deposit and order forms 414/415 Redemption of uncurrent coin 677 Request for shipment 414/415 Shipment to this Bank 414/415 Collateral for advances to member banks......................... Cr. Dis. 609/608 Collections .........................................................................Coll. Coupons, payment of, on obligations of U.S. or its agencies, International Bank for Reconstruction and Development, and Inter-American Development 202/344/341 Bank Maturing and matured bonds and coupons (other than obligations of U.S. and its agencies) 343/344/341 Payable in New York City Payable outside New York City 620/343/344/341 Notes, drafts, and other noncash items Fate of collection 540/640/550 8 HEAD OFFICE Telephone 212-732-5700 Dept. Handling (maturity dates, signatures, etc.) Payable in New York City Payable outside New York City Recall of collection Tracers Commercial bank and commercial paper statistics......... Stat. Extension 506/513 530 640/540/550 540/640/550 540/640/550 558 Commercial Credit File and related forms, distribution o f ....................................................................................Cr. Dis. 366/629 Commodity Credit Corporation—payment of drafts drawn under letters of commitment.............................Coll. 506/513 Condition reports of State member banks.......................B. Exam. 690/669 Consumer Credit Cost Disclosure (Regulation Z ) ..........B. Exam. 8298/413 Consumer credit statistics................................................Stat. 558 Corporations doing foreign banking or other foreign financing under the Federal Reserve Act (Regulation K) .................................................................................. B. Exam. 692 Coupons (See Collections) C red it................................................................................ Cr. Dis. Advances and discounts by Federal Reserve Bank Eligibility of paper offered for discount or as collat eral for advances or Treasury Tax and Loan account Credit aspects Maturity, negotiability, and other factors Loan guarantees for defense production (Regulation V) Applications for and credit aspects Guarantee and commitment fees, and interest Restraint, foreign (See Balance of payments) 609/608 8091/366 609/608 8091/366 609/608 Cuban Assets Control regulations of the U.S. Treasury .. Forgn. 291/297 Currency .......................................................................... Cash Armored car service Bag-tag envelopes for deposit tickets Claims and differences Counterfeit Counterfeit exhibit Deposit and order forms Mutilated Redemption of uncurrent currency Regulations 416/414 255/485 420/430 430/420 587 414/415 255/485 420/390 289 9 HEAD OFFICE Telephone 212-732-5700 Currency—Continued Dept. Request for shipment Shipment to this Bank Unusual transactions (Treasury Form TCR1) Currency, historical data and related information........Pub. In. D Deposits Federal ta xes................................................................. Comp. S. For account of foreign central banks, foreign govern ments, and international financial organizations ...F orgn . Reserve account checks by hand...................................Coll. Directors, this Bank’s procedures for election o f ............Secy. O. Discounts (See Credit) Dividends on capital stock of Federal Reserve Bank . . . . Secur. Drafts, acceptance by member banks...............................Accpt. Drafts drawn on accounts with us of foreign central banks, foreign governments, and international organizations................................................................. Forgn. Drafts drawn under letters of commitment issued by Commodity Credit Corporation.....................................Coll. E Examination reports..........................................................B. Exam. Bank holding companies Edge Act corporations State member banks Automation Commercial departments and affiliates Foreign departments and branches Trust departments Exhibits .............................................................................Pub. In. Expenditures..................................................................... Acctg. Export-Import Bank of the U.S......................................... Gov. Bd. Debentures and participation certificates Delivery of securities Discount notes F Farm Credit File and related forms, distribution o f ___ Cr. Dis. Federal banking laws (criminal), reporting possible violations o f ................................................................... B. Exam. Federal funds—operations and market statistics..........Stat. Federal National Mortgage Association......................... Gov. Bd. Debentures Delivery of securities Discount notes 10 Extension 207/704/355 255/485 207/255 144/145 245/663 602/603 722 285 784 708/287 602/603 506/513 618 8168 203 618 8168 683 169 592/398 632/752/8064 242/392/403 393/428/642 366/629 792/669 8160 632/752/8064 242/392/403 393/428/642 HEAD OFFICE Telephone 2X2-732-5700 Dept. Federal Open Market Committee, Regulation relating to open market operations of Federal Reserve Banks . . . . Secur. Federal Reserve Bank of New York Capital stock—dividends................................................Secur. Capital stock—issue and cancellation...........................B. Exam. Circulars .......................................................................Secy. 0. Directory .......................................................................Secy. 0. Exhibits .........................................................................Pub. In. Monthly Review, subscriptions.................................... Pub. In. Operations and general information...........................Pub. In. Tours of the Bank..........................................................Pub. In. Weekly News Review, subscriptions.............................Pub. In. Extension 652 784 669/690 758 758 169 169 144/145 289 169 Federal Reserve System Films .............................................................................Pub. In. 169 General information......................................................Pub. In. 144/145 Membership................................................................... Bk. Rel. 672 Regulation H ............................................................. B. Exam. 8297/789 Talks .............................................................................. Pub. In. 289 Federal taxes, deposits o f ................................................Comp. S. 245/663 Films, Federal Reserve....................................................Pub. In. 169 Financial statement forms, distribution o f ..................... Cr. Dis. 366/629 Food stamp coupons, payment o f .................................... Coll. 202/344/341 Foreign Assets Control regulations of the U.S.Treasury. Forgn. 291/297 Foreign branches of national banks (Regulation M) . . . .B. Exam. 692/789 Foreign central banks, foreign governments, and inter national financial organizations, accounts o f ............. Forgn. 437/438 Cablegrams, radiograms, telegrams, and telex mes sages concerning 437/438 Foreign exchange transactions 159 Gold transactions 439 Payment and deposit of funds 602/603 Foreign countries—economic conditions...........................Int. Rs. 544/160 Foreign credit restraint (See Balance of payments) Foreign exchange rates, certification of, under Tariff Act of 1930 ................................................................... Forgn. 545 Foreign exchange transactions........................................ Forgn. 159 Foreign Funds Control regulations of the U.S. Treasury................................................................. Forgn. Forms and supplies (for those not listed below)........... Plan. Advice forms for cash letters sent d irect..................... Check Consolidated shipments (rainbow sheets) 291/297 8049 418 11 HEAD OFFICE Telephone 212-732-5700 Forms and supplies—Continued Dept. Other direct sendings (FormBK140) Coin deposit and coin order fo rm s ............................... Cash County clearing advice fo r m s ...................................... Acctg. Credit folders and financial statement and other cred it forms ..................................................................... Cr. Dis. Currency deposit and currency order fo rm s ............... Cash Labels, loose for airmail pouch containing cash letters. Check Report of deposits and vault cash forms (Forms No. RB23 and No. RB26) and reserve position compu tation worksheets (Form No. RB24)................... Acctg. Return items, cash letter forms f o r .............................Check Savings bonds and notes................................................ Sav. Bd. Issuing and paying agent stamps Penalty envelopes Requisition forms Sales and spoiled bonds reports Functional cost analysis program for member banks . . . Bk. Rel. 655 655 734/787 787/734 586 G Gold, issuance of checks for use in purchasing from U.S. Assay Office................................................................... Coll. 8042 Gold Reserve Act of 1934 .................................................. Forgn. Government (U.S.) agency securities............................. Gov. Bd. Government (U.S.) checks Cash letters................................................................... Check Reclamations (stolen, forged endorsements, etc.) . . . . Coll. Government National Mortgage Association................. Gov. Bd. Participation certificates Delivery Government (U.S.) securities (other than savings bonds) Book-entry ................................................................... Gov. Bd. Cash subscriptions to new issues Payment..................................................................... Gov. Bd. Tenders, subscriptions, and allotments*................... Secur. Circulars offering, requests f o r .................................... Secy. O. Clearing arrangement (N.Y. City banks) ................... Gov. Bd. Administration Setttlement of balances Telegraphic transfers *For call8 that can be made collect, see page 5, paragraph S. 12 Extension 797 414/415 553/276/329 366/629 414/415 797- 685/686 324/453 439 393/428/642 738/8000 540 632/752/8064 242/392/403 260/328 393/428/642 652/653/784 758 8140/8053 8054/441/615 754/627 HEAD OFFICE Telephone 212-732-5700 Dept. Extension Closing market quotations and yields...........................Stat. 172/173 Dealer operations and statistics.................................. Stat. 8160 Delivery .........................................................................Gov. Bd. 242/392/403 Denominational exchange of bearer securities........... Gov. Bd. 325/552 Exchange subscriptions*................................................Gov. Bd. 393/428/642 Issue and redemption....................................................Gov. Bd. 393/428/642 Lost, stolen, destroyed, or mutilated.............................Gov. Bd. Bearer 393/428/642 Registered 632/752/8064 625 Purchases and sales for member banks....................... Secur. Redemptions to pay Federal estate taxes..................... Gov. Bd. 632/752/8064 Registration and exchange of bearer and registered . .Gov. Bd. 632/752/8064 Guildelines for foreign credit restraint (See Balance of payments) I Income and expense reports of State member banks .. . .B. Exam. 690/669 Information from published sources on Federal Reserve System, U.S. Treasury, banking, finance, and mone tary affairs ...................................................................Dom. Rs. 435/673 Inter-American Development Bank bonds.......................Gov. Bd. Delivery 242/392 Issue or exchange 393/428/642 Registration or transfer 632/752/8064 Interest, payment of, on deposits (Regulation Q ) ..........B. Exam. 413/669 Interlocking bank directorates under the Clayton Act (Regulation L) ............................................................. B. Exam. 692 International Bank for Reconstruction and Develop ment bonds.....................................................................Gov. Bd. Delivery 242/392 Issue or exchange 393/428/642 Registration or transfer 632/752/8064 International financial organizations, accounts o f ..........Forgn. 438 Interpretations of Board of Governors, binder service fo r. Secy. O. 758 L Letters of commitment issued by Commodity Credit Corporation—payment of d ra fts .................................. Coll. Letters of credit by certain U.S. agencies—payment of vouchers drawn on Treasurer of U.S. under............... Coll. Liaison with District banks............................................ Bk. Rel. Library, Research............................................................. Dom. Rs. 506/513 506/513 672 435/673 *For calls that can be made collect, see page 5, paragraph 3. 13 HEAD OFFICE Telephone 212-732-5700 Dept. Licenses under Foreign Assets Control, Foreign Funds Control, Cuban Assets Control, and Rhodesian Sanc tions regulations of the U.S. Treasury......................... Forgn. Loan guarantees for defense production (Regulation V ) . Cr. Dis. Loans to executive officers of member banks (Regula tion 0 ) ...........................................................................B. Exam. Loans to member banks (See Regulation A) Extension 291/297 8091/366 413/669 M Mail, incoming and outgoing............................................ Srvce. 681 Management information, internal...................................Man. In. 106 Margin regulations (Regulations G, T, and U ) ..............B.Exam. 526/8149/8150 Market statistics on certificates of deposit, Federal funds, repurchase agreements, and Government se curities ...........................................................................Stat. 8160 Member bank accounts......................................................Acctg. Adjustments (missing or unrecognized entries)* 250/142/8058 Current day’s opening balance* 276/553/329 Prior days’ balances* 250/142/8058 Membership of State banking institutions in the Fed eral Reserve System ......................................................Bk. Rel. 672 Regulation H ................................................................. B.Exam. 8297/789 Merger applications..........................................................B. Exam. 8297/789 Money orders, posta l........................................................Check 738/8000 Monthly Review, subscriptions........................................ Pub. In. 169 N New York City Clearing House—claims and allowances.. Check Noncash items (notes, drafts, etc.), collection o f ............Coll. Collection letters, direct-sent Maturing or matured bonds and coupons (other than obligations of U.S. and its agencies) Nonmember clearing accounts........................................ Acctg. Adjustments (missing or unrecognized entries) * Current day’s opening balance Prior days’ balances 250/142/8058 276/553/329 250/142/8058 O Open market purchases and sales Bankers’ and trade acceptances and bills of exchange.. Accpt. Government (U.S.) securities...................................... Secur. Operating-ratio reports of member banks....................... B. Exam. Operations of member banks—surveys.............................Bk. Rel. 708/287 625 8176/637 586 *For caUa that can be made collect, see page 5, paragraph S. 14 359/516 506/513 782 341/344 HEAD OFFICE Telephone 212-732-5700 P Dept. Par l i s t .............................................................................. Check Payment vouchers on letters of credit issued by Govern ment agencies .................................................................Coll. Payment systems, studies o f ............................................Paym. S. Philippine Government bonds, redemption.....................Gov. Bd. Planning, internal ........................................................... Plan. Postal deposits .................................................................Cash Postal money orders......................................................... Check Protection, internal ......................................................... Prot. Publications, distribution (See also Circulars, Regula tions, Reports, Surveys) ..............................................Pub. In. Public information, Federal Reserve, general (See also Information) .................................................................Pub. In. Puerto Rico Government bonds, redemption................... Gov. Bd. Purchase of supplies......................................................... Plan. Purchase of warrants (Regulation E ) .............................Secur. Extension 665 506/513 8126 393/428/642 178 443 738/8000 225/226 169 144/145 393/428/642 8065 652 R Registration statements and other reports of State mem ber banks under Regulation F ...................................... B. Exam. 526/8149/8150 Regulations and published interpretations of the Board of Governors—distribution............................................Secy. O. 758 Regulations A —Advances and discounts by Federal Reserve Banks. Cr. Dis. 609/608 B —Open market purchases of bills of exchange, trade acceptances, and bankers’ acceptances (under Section 14 of the Federal Reserve A ct)............. Accpt. 708/287 C —Acceptance by member banks of drafts or bills of exchange ............................................................. Accpt. 708/287 D —Reserves of member banks...................................... Acctg. 685/686 E —Purchase of warrants..............................................Secur. 652 F —Securities of member State banks...........................B. Exam. 526/8149/8150 G —Credit by persons other than banks, brokers, or dealers ................................................................. B. Exam. 526/8149/8150 H —Membership of State banking institutions in the Federal Reserve System.................................... B. Exam. 8297/789 I —Issue and cancellation of capital stock of Federal Reserve Banks..................................................... B. Exam. 669/690 J —Collection of checks and other items by Federal Reserve Banks Checks............................................................... Check 474 Maturing or matured bonds and coupons (other than obligations of U.S. and its agencies).. Coll. 341/344 Other.................................................................Coll. 506/513 15 HEAD OFFICE Telephone 212-732-5700 Regulations—Continued Dept. Extension K—Corporations during foreign banking or other for eign financing under the Federal Reserve Act. .. B. Exam. 692/789 L —Interlocking bank directorates under the Clayton A c t ....................................................................... B. Exam. 692/8297 M—Foreign activities of national banks....................... B. Exam. 692/789 0 —Loans to executive officers of member banks..........B. Exam. 413/669 P —Security devices and procedures for State mem ber banks ............................................................. B. Exam. 669/487 Q—Payment of interest on deposits...............................B. Exam. 413/669 R —Relationships with dealers in securities under Section 32 of the Banking Act of 1933............... B. Exam. 669/8298 S —Bank service arrangements.....................................B. Exam. 413 T —Credit by brokers, dealers, and members of na tional securities exchanges.................................B. Exam. 526/8149/8150 U —Credit by banks for the purpose of purchasing or carrying registered stocks...................................B. Exam. 526/8149/8150 V —Loan guarantees for defense production................Cr. Dis. 8091/366 Y —Bank holding companies.........................................B. Exam. 8297/789 Z - “ Truth in lending” .................................................. B. Exam. 8298/413 Remittances for cash letters and adjustments thereon... Acctg. 450/538 Reports Commercial paper..........................................................Stat. 617 Condition, State member banks.....................................B. Exam. 690/669 Consumer cre d it............................................................Stat. 558 Deposits and vault cash.................................................. Acctg. 685/686 Electric power series..................................................... Stat. 558 Examinations, State member banks............................. B. Exam. Commercial departments 618 Trust departments 683 Federal funds transactions...........................................Stat. 172/173 Functional cost analysis—member banks....................... Bk. Rel. 586 Government securities dealer operations..................... Stat. 197/189 Income and expense—State member banks................... B. Exam. 690/669 Operating ratios, member banks...................................B. Exam. 8176/637 Registration statements and other reports of State member banks under Regulation F ........................... B. Exam. 526/8149/8150 Stock brokers’ credit and debit balances....................... Stat. 558 Surveys of deposits, interest rates, financial practices, and other banking and financial developments..........Stat. 558 Treasury foreign exchange............................................ Int. Rs. 742/779/386 Unusual currency transactions (Treasury Form TCR1) Cash 207/255 16 HEAD OFFICE Telephone 212-732-5700 Dept. Voluntary foreign credit restraint program................. Int. Rs. Weekly reporting member bank statement................... Stat. Extension 8034/8035 433 Reserve accounts............................................................... Acctg. Adjustments (missing or unrecognized entries)* Current day’s opening balance* Prior days’ balances* 250/142/8058 276/553/329 250/142/8058 Reserve requirements (Regulation D ) .............................Acctg. 685/686 Retirement Plan bonds......................................................Sav. Bd. Issue Redemption 695/696 494/639 Return items....................................................................... Check Advice of nonpayment Rules on advices, lateness, and protest 216/406/407/408 324/453/246 Rhodesian Sanctions regulations of U.S. Treasury..........Forgn. 291/297 S Safekeeping....................................................................... Gov. Bd. Acceptability of securities Instructions................................................................... Gov. Bd. Deposit of securities Withdrawal of securities Other (including book-entry) Savings bonds and notes....................................................Sav. Bd. Consignment accounts of issuing agents Exchange of Series E or J for Series H Lost, stolen, or mutilated, claims for Original issue Redemption Credits to agents Other matters Reissue Supplies Agent stamps and penalty envelopes Application, report, requisition forms Securities (See Agency securities, U.S. Government; Collections; Government securities; Inter-American Development Bank bonds; International Bank for Re construction and Development bonds; Regulations F, G, R, T, and U ; Retirement Plan bonds; Safekeeping; Savings bonds and notes) 351/623 325/552 392/242/403 260/328 734/787 493/639 639 695/696 454/633 493/494 494/639 655 787/734 *For calls that can be made collect, see page 5, paragraph 3. 17 HEAD OFFICE Telephone 212-732-5700 Dept. Securities of member State banks (Regulation F ) ..........B. Exam. Security devices and procedures for State member banks (Regulation P) ..............................................................B. Exam. Signatures, authorized by Second District banks and others ............................................................................. Acctg. Speakers on Federal Reserve and related matters............Pub. In. Stop-payment orders ........................................................ Acctg. Surveys Bankers’ acceptances outstanding, monthly................. Accpt. Banking and financial developments............................. Stat. Income and expense, of member banks’ trust depart ments ......................................................................... B. Exam. Operations Accrual, audit, automation, bookkeeping, loan, teller, transit, and credit file installations............Bk. Rel. Member banks’ trust departments............................. B. Exam. Extension 526/8149/8150 669/487 751 289 751 708/287 558 683 586 683 T Talks and speeches..............................................................Pub. In. Taxes, Federal, deposits o f ................................................ Comp. S. Telegrams, domestic (incoming and outgoing)............... Coll. Commercial (Western Union) Coding, decoding, testing Federal Reserve leased-wire system Tours of B a n k ................................................................... Pub. In. Transfer of funds Automatic Teletype System (ATS) —certain New Tfork City banks Adjustments (routine) ............................................ Coll. Other...........................................................................Coll. Domestic banks (not in A T S )* .....................................Coll. Test words................................................................... Coll. Foreign central banks, foreign accounts, and inter national financial organizations...............................Forgn. Treasurer of the U.S., deposits by general depositaries for credit t o ................................................................... Acctg. Treasury foreign exchange reports...................................Int. Rs. Treasury securities (See Government [U.S.] securities) *For calls that can be made collect, see page 5, paragraph S. 18 289 245/663 755 462 755 289 382/434/732 8042/374 8042 462 602/603 460/542 742/779/386 Telephone 212-732-5700 HEAD OFFICE Dept. Extension Treasury Tax and Loan accounts Customers’ notes as collateral...................................... Cr. Dis. 609/608 Other m atters............................................................... Gov. Bd. 616/260 Trust department surveys................................................B. Exam. 683 “ Truth in lending” (Regulation Z ) .................................. B. Exam. 8298/413 V Visits to banks in Second D istrict................................... Bk. Rel. Voluntary foreign credit restraint program Filing of required data..................................................Int. Rs. Guidelines .....................................................................Forgn. Statistical information..................................................Int. Rs. Vouchers drawn on Treasurer of U.S. pursuant to letters of credit issued by certain U.S. agencies........... .......... Coll. 672 8034/8035 163/8051 8034/8035 513/506 W Weekly News Review, subscriptions................................ Pub. In. 169 19 BUFFALO BRANCH Telephone 716-853-1700 A Extension Accounts........................................................................................ ....242 Remittance.....................................................................................240/242 Reserve* .................................................................................... ....240/242 Adjustments—missing or unrecognized entries*......................... ....240 Advances and discounts (Regulation A ) ...................................... ....208/227 Audit confirmations and requests for statements of accounts*.. 272/238 Automatic charge plan (for cash letters to paying banks) * . . . . 240 B Bank relations matters . . . ................................................................208 Branch applications..................................................................... ....208 C Cash Armored car service, currency claims and differences, unusual transactions...............................................................................212/215/206 Other m atters...............................................................................212/215 Checkbooks for member and nonmember clearing banks................240 Checks Adjustments Current ..................................................................... ....254/246 Noncurrent ............................................................... ....254/249/245 Automatic charge plan (for cash letters to paying banks) * .. 240 Buffalo Clearing H ouse........................................................... ....246/249/245 Clearing arrangements ........................................................... ... 240/243 Direct sending.............................................................................. 242 Encoding (MICR) ................................................................... ... 246/249 Incoming ...................................................................................... 246/245 Regulation J .................................................................................. 213 Returned without en try ........................................................... ... 254/249 Return items Advices of nonpayment........................................................... 248 Rules on advices, lateness, and protest.................................... 249/245 Sent by Branch to data-processing centers.................................. 246/250 Transportation routes ............................................................. ... 249/250 Circulars, B an k ................................................................................ 228 Collections Bonds and coupons (other than obligations of U .S .)................. 252/227 Commodity Credit Corporation deposits.................................... 252/227 Coupons, payment of, on obligations of U.S., its agencies, and international agencies............................................................. 227/226 *For calls that can be made collect, see page 5, paragraph 3. 20 Telephone 716-853-1700 BUFFALO BRANCH Extension Collections—Continued Government checks and postal money orders Cash letters.......................................................................... ....244 Reclamations (stolen, forged endorsements, etc.) ............. .... 252 Notes, drafts, and other noncash item s.................................. .... 252 Condition reports of State member banks.................................. .... 225 Coupons (See Collections) Credit (Regulation A) .....................................................................208/227 D Data processing............................................................................ .... 244 Deposits of Federal taxes............................................................. ....240/242 E Examination reports .......................................................................204 Expenditures .............................................................................. ....241 F Federal banking la w s.......................................................................204 Federal Reserve Bank of New York Dividends on capital stock ....................................................... ....204 Operations and general information........................................ .... 204 Federal Reserve System Membership.............................................................................. .... 208 Operations and general information........................................ .... 208/266 Food stamp coupons Accounting for sales o f ........................................................... .... 240 Payment o f ................................................................................ .... 215 Functional cost analysis program for member banks................. .... 208/266 G Gold Reserve Act of 1934 ............................................................. .... 208 Government (U.S.) and agency securities.................................. .... 227/226 Cash subscriptions*....................................................................... 227/208 I Income and expense reports of State member banks................. .... 225 Information, Federal Reserve..................................................... .... 208/209 Interpretations of Board of Governors........................................ .... 208 *For calls that can be made collect, see page 5, paragraph 3. 21 BUFFALO BRANCH Telephone 716-853-1700 L Extension Letters of credit by certain agencies—payment of vouchers .... 252 drawn on Treasurer of U.S L ibrary ....228 M Mail, incoming and outgoing .... 250 Membership of State banking institutions in the Federal Re serve System ......................................................*......................... 208 .... 208 Merger applications Money orders, p osta l .... 244 O Operating-ratio reports of member banks....................................... 208/227 Operations of member banks—surveys .. .... 208 P Payment vouchers on letters of credit issued by Government agencies .................................................................................... .... 252/227 Purchase of supplies ................................................................... .... 259/265 R Regulations A—Advances and discounts.......................................................... 208/227 .... 228 Distribution and servicing .... 213 D —Reserves of member banks J—Collection of checks and other items by Federal Reserve Banks Cash item s................................................................... .... 213 Noncash item s............................................................. .... 208 Other regulations..................................................................... .... 204/208 Reserve requirements .... 213 Return item s .... 248 S Safekeeping Acceptability of securities and p a p er.................................... .....208/227 All oth er.................................................................................... .....227/226 Savings bon ds................................................................................... 227/226 Signatures .................................................................................... .... 243 Stop-payment orders ................................................................... .....243 Supplies ........................................................................................ .... 265/259 Surveys of member banks........................................................... .... 266/208 T Taxes, Federal, deposits o f ........................................................... .....240/242 Tours of B ranch................................................................................266 22 BUFFALO BRANCH Telephone 716-853-1700 Extension Transfers of funds, telegraphic and m ail*................................ ....243 Treasurer of the U.S., deposits for credit t o ...................................240 V Visits to b an k s............................................................................ ....266/208 Voluntary foreign credit restraint program...................................204 *For calls that can be made collect, see page 5, paragraph S. 23 F E D E R A L R E S E R V E B A N K OF N E W Y O R K ORGANIZATION DIRECTORY A lfred H a y e s , W il l ia m President First Vice President F . T r e ib e r , HEAD OFFICE Administrative Services i l l i a m H . B r a u n , J r ., Vice President A. T h o m a s C o m b a d e r , Assistant Vice President (Building Operating Department) J o h n T. K e a n e , Assistant Vice President (Accounting, Management Information, and Planning Departments) D o n a l d C. N i l e s , Assistant Vice President (Computer Services Department) E v e r e t t B . P o s t , Assistant Vice President (Accounting, Management Information, and Planning Departments) W ACCOUNTING DEPARTMENT W alter Accounting Division ♦J a m e s H. BOOTH, Chief Disbursing Division ♦C orrado T. S e p e , Chief S. R u shm ore, Manager BUILDING OPERATING DEPARTMENT M a t t h e w C . D r e x l e r , Manager Building Maintenance Division ♦ C h a r l e s A . G e l a r d i , Chief Building Service Division ♦ ANTH ONY C. SGAMBAT, Chief Power Plant Division ♦ J o s e p h C . M e e h a n , Chief Engineer COMPUTER SERVICES DEPARTMENT H o w a r d F. C r u m b , Manager Computer Services Division ♦ PAUL A i k e n , Chief Data Processing Division ♦ R a y m o n d F. MAGNANI, Chief MANAGEMENT INFORMATION DEPARTMENT J o h n C h o w a n s k y , Manager Jo h n A. D u g a n , Special Assistant PLANNING DEPARTMENT Louis J. B r e n d e l , Manager Methods and Systems Division ♦R o n a l d E . L o n g , Chief Purchasing Division ♦ F r e d e r ic k W. F or berg , Purchasing Agent 24 Audit G eorge C. S m i t h , General Auditor AUDITING DEPARTMENT J o h n E . F l a n a g a n , Assistant General Auditor Auditing Division ♦HENRY S. FUJARSKI, J r ., Chief Bank Supervision and Relations Vice President Assistant Vice President R ober t C. T h o m a n , Assistant Vice President F r ed W . P id e r it , J r ., L e o n a r d L a p id u s , BANK EXAMINATIONS DEPARTMENT Chief Examiner Manager J a m e s H . O l t m a n , Manager B e n j a m i n S t a c k h o u s e , Manager Analysis Division ♦ HARRY T. F il g a t e , Chief Banking Facilities Division ♦ ROBERT C. RELYEA,Chief Banking Studies Division ♦ Under direct supervision of R a l p h H . G e l d e r , Manager Examining Division ♦Under direct supervision of Chief Examiner ♦ E d w a r d W. B j e l k e , Supervising Examiner (Foreign) ♦ J o h n A. C l e a r , Supervising Review Examiner ♦ J o s e p h M . H a l p e r n , Supervising Examiner (Automation) ♦ R ic h a r d E . H u n k e , Supervising Review Examiner ♦ E d w a r d F . K i p f s t u h l , Supervising Review Examiner ♦J o s e p h F. T i e r n e y , Supervising Review Examiner (Trust Departments) F r e d e r ic k L . F r e y , R a l p h H . Gelder, BANK RELATIONS DEPARTMENT A dam R. D ic k , Manager Bank Relations Division ♦J. R a y m o n d M u r r a y , Special Assistant (Office) ♦ A l f r e d A . B e v a c q u a , Special Representative ♦ B r u c e A . C a s s e l l a , Special Representative ♦ J. B r i a n H a r t , Special Representative ♦ J o h n W . H y l a n d , Special Representative ♦J a y W . W oods , Special Representative Technical Assistance Division ♦ C a r l H . A l l e n , Special Assistant ♦ W i l l i a m R . S k i n n e r , Senior Technical Representative 25 Cash and Collections Senior Vice President Vice President (Check and Collection Departments) K e n n e t h E . S m a l l , Assistant Vice President (Cash and Cash Custody Departments) M a r c u s A . H a r r is , K a r l L . E g e , Assistant CASH DEPARTMENT C h a r l e s R . P r ic h e r , Manager Coin Division ♦ J a m e s F . O 'H a r a , Chief Paying and Receiving Division ♦ J a m e s J. M c G o w a n , Chief Sorting and Counting Division ♦ C h a r l e s F. B e is l e r , Chief CASH CU STODY DEPARTMENT Cash Custody Division ♦ FRANCIS X. CHECK DEPARTMENT Ja m e s 0 . A Ca s s id y , ston, M anager L e o n a r d I. B e n n e t t s , Manager Chief Check Division (Day) ♦ W i l l i a m J. I r w i n , Chief Check Division (Night) ♦ E d w a r d J. M c G u ir e , Chief Return Items and Adjustment Division ♦ WILLIAM E . H a r t m a n n , Chief COLLECTION DEPARTMENT Ja m e s 0 . A ston, Manager Collection Division ♦ G e r a l d J. CONNOLLY, Chief Coupon Division ♦L e o n R. H o l m e s , Chief Wire Transfer Division ♦JOSEPH M. O ’CONNELL, Chief Foreign C h a r l e s A . C o o m b s , Senior Vice President K. M a c L a u r y , Vice President T h o m a s 0 . W a a g e , Vice President D a v id E . B o d n e r , Assistant Vice President R ober t J . C r o w l e y , Assistant Vice President P e t e r P . L a n g , Adviser B ruce FOREIGN DEPARTMENT Manager Manager E d w i n R . P o w e r s , Manager E d w i n S . R o t h m a n , Manager Jo h n T . A rnold, S cott E . P ard ee, 26 Cable Division ♦ T h o m a s J. F a y , Chief Foreign Assets Control Division ♦ J o s e p h G. E ib e l l , Chief Foreign Operations Division ♦ B e r n a r d J. JACKSON, Chief Government Bond and Safekeeping of Securities R i c h a r d A . D e b s , Vice President M a r t i n F r e n c h , Assistant Vice President F r e d e r ic k L . S m e d l e y , Assistant Vice President GOVERNMENT BOND AND SAFEKEEPING DEPARTMENT M a t t h e w J. H o e y , R o ber t V . K e i h n e r , J r ., Manager Special Assistant Government Bond Division ♦ JOHN J. MASTERSON, Chief Safekeeping Division ♦ FRANCIS J. MARRON, Chief Securities Clearance Division ♦ R ic h a r d V o l l k o m m e r , Chief SAVINGS BOND DEPARTMENT Savings Bond Division ♦ M a r k E. ASCERNO, Chief A r m o n d J. B r a ig e r , SECURITY CUSTODY DEPARTMENT A l o y s iu s Security Custody Division ♦ H a r r y H . M c C ord, Chief J. S t a n t o n , Manager Manager Legal E d w a r d G. G u y , LEGAL DEPARTMENT Vice President and General Counsel T h o m a s C. S l o a n e , Assistant General Counsel Counsel L e opo ld S. R a s s n i c k , Assistant Counsel M r s . B e t t y J e a n S h e a , Assistant Counsel P h i l i p V a n O r m a n , Assistant Counsel R o ber t Y o u n g , J r ., Assistant Counsel C h e s t e r B . F e ld b er g , Assistant Law Library Division ♦ H e l e n M. BURNS, Chief Law Librarian Loans and Credits Vice President Vice President T h o m a s M . T i m l e n , J r ., R ic h a r d A . D e b s, CREDIT AND DISCOUNT DEPARTMENT H erbert Credit Division ♦ D o n a l d F. R ic e , Chief Discount Division ♦ HENRY T. CHRISTENSEN, Chief H . R u e s s , Manager 27 Open Market Operations and Treasury Issues Senior Vice President Market Adviser P e t e r D . S t e r n l i g h t , Vice President E d w a r d J. G e n g , Assistant Vice President P a u l M e e k , Assistant Vice President A l a n R. H o l m e s , S p e n c e r S . M a r s h , J r ., ACCEPTANCE DEPARTMENT Acceptance Division ♦ J a m e s R ob er t L . C oo per , T. Geraghty, Manager Chief SECURITIES DEPARTMENT Manager Manager C o y l e , Securities Trading Officer R o b er t L . C ooper , F r e d e r ic k W . D e m i n g , Joseph R . Securities Division ♦ THOMAS P. KlPP, Chief Payment Systems J o h n J . C l a r k e , VicePresidentandSpecialLegalAdviser PAYMENT SYSTEMS DEPARTMENT J o h n C. H o u h o u l is , Manager Personnel Vice President M. S c h u l t z , Assistant Vice President P eter F o u sek, W il l ia m PERSONNEL DEPARTMENT F r a n c i s H . R o h r b a c h , Manager Ruth A nn T y l e r , Manager Employment Division ♦ B r u c e G. A l e x a n d e r , Employment Director Medical Division ♦ D r . H e r m a n G. S a n d v o s s , Medical Director Personnel Relations Division ♦ N o e l R . S c a p f a , Chief Personnel Research ♦ E r n e s t A. K n a u s s , Special Assistant Salary Analysis Division ♦JAMES F. E g a n , Chief Employee Training ♦WILLIAM M. W h e a l a n , J r ., Training Director PROTECTION DEPARTMENT W il l ia m H. W etendorf, Manager Protection Division ♦ JOSEPH A. CULLEN, Chief Vault Division ♦J o h n E. M c I n t y r e , Chief SERVICE DEPARTMENT 28 Louis J. C onroy, Manager Correspondence Files Division ♦E i l e e n P a g e , Chief Duplicating Division ♦ H e n r y J. B l u n d e l l , Chief Food Supply Division ♦ M a r g a r e t T . SULLIVAN, Chief Post Office Division ♦J o s e p h L. TUMINELLI, Chief Telephone Section ♦ M r s . J o s e p h i n e A . L a r k i n , Chief Operator Public Information T homas 0 . W aage, Vice President PUBLIC INFORM ATION DEPARTMENT Public Information Division ♦D a n i e l L. ROSEN, Chief R i c h a r d H . H o e n ig , Manager Research and Statistics R ober t G. L i n k , Vice President G eorge G a r v y , Economic Adviser R i c h a r d G. D a v i s , Adviser M a d e l in e H . M cW h in n e y , Assistant Vice President (S ta tistic s D ep a rtm en t) F r e d e r ic k C. S c h a d r a c k , J r ., Assistant Vice President Senior Economist M rs. E d n a E . E h r l ic h , Special Studies Group ♦ D a v id H . K opf, Special Assistant DOMESTIC RESEARCH DEPARTMENT A. M a r s h a l l Domestic Research Division ♦ L ora S. COLLINS, Chief Research Library Division ♦ E l a i n e F . JONES, Chief Librarian Visual Aids Division ♦JOHN H . H e n d r i c k s o n , Chief Puckett, Manager INTERNATIONAL RESEARCH DEPARTMENT F red H . K l o p s t o c k , Manager Balance of Payments Division ♦ D a v id T . D e v l i n , Chief ♦ H. D a v id W i l l e y , Chief Foreign Research Division ♦ GEORGE H. BOSSY, Chief STATISTICS DEPARTMENT I r v in g Financial Statistics Division ♦JOHN A . R e e d , Chief Market Statistics Division ♦ANTON S. NlSSEN, Chief Research Computer Division ♦ R a l p h C. SCHINDLER, Chief M . A uerbach, Manager Secretary's Office Secretary Assistant Secretary CHESTER B . FELDBERG, R i c h a r d H . H o e n ig , T heo d o r e N . O p p e n h e i m e r , Circulars Division ♦J o s e p h WlSNOVSKY, Special Assistant Chief 29 BUFFALO BRANCH A ngus A . M a c I n n e s , J r ., R o n a l d B . G ra y , Vice President Cashier Accounting, Check, Computer Services, and Management Reports R onald B . Gray, Cashier Accounting Division ♦ M r s . E v a l y n E . JOYCE, Chief Check Division ♦ F r e d e r ic k W. MORTENSON, Chief Computer Services Division ♦ JOHN F . K r a f t , Chief i Management Reports ♦ E d w i n E . MlLLlRON, Special Assistant ♦ J. F r a n k l i n T h o m a s , J r ., Special Assistant Audit Branch Auditing ♦ THOMAS J. M y e r s , Branch Auditor Bank Relations, Public Information, Collection, Loans, and Fiscal Agency H a r r y A. C u r t h , J r ., Assistant Cashier Bank Relations and Public Information ♦ P h i l i p G . COLETTI, Special Representative Collection, Loans, and Fiscal Agency Division ♦ C a l v e r t N ie d e r p r u e m , Chief Building Operating, Cash, Emergency Planning, and Protection G erald H . G r e e n e , Assistant Cashier Building Operating Division ♦ S ie g f r ie d B o c h m a n n , Building Superintendent Cash Division ♦ R ic h a r d SCHWINDLER, Chief Emergency Planning ♦ J. FRANKLIN THOMAS, Jr., Special Assistant Protection Division ♦ R a l p h C. R o b e r t s , Captain of Guardsmen Personnel and Service A rthur A . R an d all, Assistant Cashier Personnel Division ♦ A l l a n C. H i n e s , Chief Service Division ♦ RAYMOND A . M e t z , Chief 30 DIRECTORS Term expires December SI A lbert L. Nickerson, Chairman, and Federal Reserve A gen t........................................................1969 ( Class C director—appointed by Board of Governors) Chairman of the Board, Mobil Oil Corporation, New York, N. Y. James M. Hester, Deputy Chairman.................................................................................................... 1970 ( Class C director—appointed by Board of Governors) President, New York University, New York, N. Y. Maurice R. Forman (Class B director—elected by Group 3 banks).............................................. 1969 President, B. Forman Co., Inc., Rochester, N.Y. R osw ell L. Gilpatric ( Class C director—appointed by Board of Governors)................................. 1971 Partner, Cravath, Swaine & Moore, Attorneys, New York, N. Y. R. E. M cN eill, Jr. (Class A director—elected by Group 1 banks)................................................ 1970 Chairman of the Board, Manufacturers Hanover Trust Company, New York, N.Y. Eugene H. Morrison (Class A director—elected by Group 3 banks)............................................ 1969 President, Orange County Trust Company, Middletown, N. Y. M ilton C. Mumford (Class B director—elected by Group 2 banks)................................................ 1971 Chairman of the Board, Lever Brothers Company, New York, N.Y. Charles E. Treman, Jr. (Class A director—elected by Group 2 banks).........................................1971 President, Tompkins County Trust Company, Ithaca, N.Y. A rthur K. Watson (Class B director—elected by Group 1 banks)................................................ 1970 Chairman of the Board, IBM World Trade Corporation, New York, N.Y., and Vice Chairman of the Board, International Business Machines Corporation, Armonk, N. Y. DIRECTORS • BUFFALO BRANCH Gerald F. B ritt, Chairman................................................................................................................... 1969 President, L-Brooke Farms, Inc., Byron, N.Y. N orman F. Beach ................................................................................................................................. 1971 Vice President, Eastman Kodak Company, Rochester, N.Y. R obert S. Be n n ett ................................................................................................................................. 1970 General Manager, Lackawanna Plant, Bethlehem Steel Corporation, Buffalo, N.Y. W ilmot R. Craig....................................................................................................................................... 1970 Chairman of the Board, Lincoln Rochester Trust Company, Rochester, N.Y. Charles L. Hu g h e s ............................................................................................................................... 1970 President, The Silver Creek National Bank, Silver Creek, N.Y. E. Perry Sp i n k ................................................ , ....................................................................................1969 Chairman of the Board, Liberty National Bank and Trust Company, Buffalo, N.Y. James I. W yckoff ................................................................................................................................. 1971 President, The National Bank of Geneva, Geneva, N. Y. MEMBER OF FEDERAL ADVISORY COUNCIL George S. Mo ore ............................................................................. ....................................................... 1969 Chairman o f the Board, First National City Bank, New York, N.Y. 31 OFFICERS President First Vice President A lfred H a y e s , W C h arles A . C oom bs, F . T r e ib e r , il l ia m Senior Vice President Senior Vice President Cash and Collections M a r c u s A . H a r r is , Foreign A l a n R . H o l m e s , Senior Vice President Open Market Operations and Treasury Issues W Vice President Research and Statistics B r u c e K . M a c L a u r y , Vice President Foreign i l l i a m H . B r a u n , J r ., Vice President Administrative Services R obert G. L in k , Vice-President and Special Legal Adviser Payment Systems J o h n J. Cla r k e , S p e n c e r S . M a r s h , J r ., A. D e b s , Vice President Government Bond and Safekeeping o f Securities; Loans and Credits R ic h a r d P eter F o u se k , Vice President Open Market Operations and Treasury Issues P ete r D . S t e r n l ig h t , Vice President Personnel G eo rg e G a r v y , T h o m a s M . T i m l e n , J r ., Economic Adviser Vice President and General Counsel D a v id E . B o d n e r Assistant Vice President Foreign A. T h o m a s C ombader Assistant Vice President Administrative Services (Building Operating Department) J. C r o w l e y Assistant Vice President Foreign a a g e , Vice President Public Information; Foreign T homas 0 . W C. Slo an e, Assistant General Counsel T. K e a n e Assistant Vice President Administrative Services (Accounting, Management Information, and Planning Departments) John Peter P . L an g , Adviser B. P o s t Assistant Vice President Administrative Services (Accounting, Management Information, and Planning Departments) E verett C. S c h a d r a c k , J r . Assistant Vice President Research and Statistics F r e d e r ic k Foreign R obert Adviser Research and Statistics R ic h a r d G . D a v is , K a r l L . E ge Assistant Vice President Cash and Collections (Check and Collection Departments) M a r t in F r e n c h Assistant Vice President Government Bond and Safekeeping o f Securities J. G e n g Assistant Vice President Open Market Operations and Treasury Issues E dw ard 32 Vice President Loans and Credits E dw ard G. G u y , T homas Market Adviser Vice President Bank Supervision and Relations F red W . P id e r it , J r ., L e o n a r d L a p id u s Assistant Vice President Bank Supervision and Relations M a d e l in e H . M c W h in n e y Assistant Vice President Research and Statistics (Statistics Department) W il l i a m M. S c h u l t z Assistant Vice President Personnel K en n eth E . Sm all Assistant Vice President Cash and Collections (Cash and Cash Custody Departments) P aul M eek Assistant Vice President Open Market Operations and Treasury Issues C. N il e s Assistant Vice President Administrative Services (Computer Services Department) F r e d e r ic k L . S m e d l e y Assistant Vice President Government Bond and Safekeeping of Securities D onald C. T h o m a n Assistant Vice President Bank Supervision and Relations R obert OFFICERS— Continued Manager Foreign Department A. M a r s h a l l P u c k e t t , Manager Domestic Research Department M r s. E d n a E . E h r l ic h J o h n T . A rn old, Senior Economist s t o n , Manager Cash Custody Department Collection Department J am es 0 . A C h e s t e r B . F eldberg Secretary, and Assistant Counsel Manager Statistics Department I r v in g M . A u e r b a c h , L eopold S. R a s s n ic k Assistant Counsel F r e d e r ic k L . F r e y Manager Personnel Department F r a n c is H . R o h r b a c h , Chief Examiner L e o n a r d I. B e n n e t t s , Manager Manager Bank Examinations Department R a l p h H . G elder, Check Department A r m o n d J . B r a ig e r , Manager S a v in g s B o n d D e p a r t m e n t Manager Public Information Department, and Assistant Secretary Manager Foreign Department E d w in S . R o t h m a n , Manager Credit and Discount Department H erbert H . R u e ss, R ic h a r d H . H o e n ig , Louis J . B r e n d e l , Manager Planning Department Manager Management Information Department J ohn C how ansky, Manager Government Bond and Safekeeping Department S . R u s h m o r e , Manager Accounting Department W alter M a tth e w J. H oey, Louis J . C o n r o y , Manager Service Department C. H o u h o u l i s , Manager Payment Systems Department J ohn L. C o o p e r , Manager Acceptance Department Securities Department R obert Manager International Research Department M rs. B etty J ean S h ea Assistant Counsel B e n j a m in S t a c k h o u s e Manager Bank Examinations Department F red H . K l o p s t o c k , J oseph R . C oyle Securities Trading Officer H ow ard F . Cru m b, C o m p u te r Manager Manager Bank Examinations Department J am es H . Oltm an , Services Department F r e d e r ic k W . D e m in g ,Manager Securities Department Manager Security Custody Department A l o y s iu s J . S t a n t o n , Manager Personnel Department R u th A nn T yler, P h il ip V a n Orm an Manager Foreign Department Assistant Counsel S c o tt E . P ar de e, W Manager Bank Relations Department E d w in R . P o w e r s , C. D r e x l e r , Manager Building Operating Department C h a r l e s R . P r ic h e r , A d am R . D ic k , Manager Foreign Department il l ia m H. W etendorf Manager Protection Department M atthew Manager R obert Y oung, Jr . Assistant Counsel Cash Department General Auditor Assistant General Auditor G e o rg e C . S m i t h , John E. F lanagan, OFFICERS • BUFFALO BRANCH A n g u s A . M a c I n n e s , J r ., Vice President B. G r a y , Cashier Accounting, Check, Computer Services, and Management Reports R onald A. C u r t h , J r ., Assistant Cashier Bank Relations, Public Information, Collection, Loans, and Fiscal Agency H arry Assistant Cashier Building Operating, Cash, Emergency Planning, and Protection Ge r a l d H . G r e e n e , Assistant Cashier Personnel and Service A rthur A . R andall, 33 HEAD OFFICE DEPARTMENTAL Accpt. Acctg. Audit. B. Exam. Bk. Rel. Bid. Op. Coll. Comp. S. Cr. Dis. Dom. Rs. Forgn. Gov. Bd. Int. Rs. Man. In. Paym. S. Plan. Prot. Pub. In. Sav. Bd. Secy. 0 . Secur. Srvce. Stat. ABBREVIATIONS Acceptance Accounting Auditing Bank Examinations Bank Relations Building Operating Collection Computer Services Credit and Discount Domestic Research Foreign Government Bond and Safekeeping International Research Management Information Payment Systems Planning Protection Public Information Savings Bond Secretary’s Office Securities Service Statistics
@FedFRASER