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F e d e r a l R e s e r v e Ba n k o f N ew Y o r k N e w Y o r k , N . Y . 10045 A R E A CODE 2 1 2 - 7 9 1 -5 0 0 0 Holiday Notice To A l l M e m b e r Banks, and Others C o n c e r n e d in the S e c o n d F e d e r a l R e s e r v e District: As i n d i c a t e d in o u r C i r c u l a r No. 8571 d a t e d M a y 10, 1979 all N e w Y ork State o f f i c e s of this Bank w i l l be c l o s e d on Wedne s d a y , M a y 30, 1979 in o b s e r v a n c e of M e m o r i a l Day. Items w h i c h are p a y a b l e by, at o r t h r o u g h b anks in N e w Yor k State t hat w o u l d o t h e r w i s e be p r e s e n t e d b y this Bank on that day w i l l be p r e s e n t e d on the n e x t b u s i n e s s day, Thursday, M a y 31. C o r r e s p o n d i n g del a y s w i l l o c c u r in the re t u r n of u n p a i d items an d in the f o r w a r d i n g of advices of n o n p a y m e n t of such items. B a n k s l o c a t e d in N e w Jersey, C o n n e cticut, P u e r t o Rico an d the V i r g i n Islands w i l l o b s e r v e M e m o r i a l Day on Monday, M a y 28, 1979. Items drawn on b a n k s in those areas w h i c h w o u l d o t h e r w i s e be p r e s e n t e d by this B a n k on Monday, M a y 2 8 w i l l be p r e s e n t e d on Tuesday, M a y 29. Credit availability for cas h items w i l l be g i v e n as follows: For deposits made at the H e a d Of f i c e o n Friday, M a y 25 0 C a s h items d rawn on C r a n f o r d O f f i c e area banks, d e p o s i t e d in a separate cash letter w i l l receive c r e d i t on Tuesday, M a y 29. 0 C a s h items d r a w n o n b anks in the V i r g i n Islands and P u e r t o Rico, d e p o s i t e d in a s e p a r a t e cash letter wil l r e c e i v e c r e d i t on Tuesday, M a y 29. 0 C a s h items d r a w n on b a n k s l o c a t e d in N e w Y o r k C i t y a n d N e w Yor k State w i l l be c r e d i t e d in a c c o r d a n c e w i t h the p r o v i s i o n s of A p p e n d i x No. 1 to O p e r a t i n g C i r c u l a r No. 5, r e v i s e d e f f e c t i v e N o v e m b e r 9, 1976. (OVER) Fo r d e p o s i t s m ade at the H e a d Office on Tuesday, M a y 29 ° C a s h items d r a w n on C r a n f o r d Off i c e area b anks d e p o s i t e d b y 10 p.m. in a s e p a r a t e cash le t t e r w i l l rece i v e c r e d i t as of W e dnesday, M a y 30 by reserve a d j u s t m e n t o n Thursday, M a y 31. 0 C a s h items d rawn on b a n k s in P u e r t o Rico and the V i r g i n Islands, d e p o s i t e d b y 12:00 n oon in a s e p arate c ash letter w i l l r e c e i v e c r e d i t as of Wednesday, M a y 30 by rese r v e a d j u s t m e n t on Thursday, M a y 31. ° C ash items d rawn on b a n k s in N e w Y o r k State for t r a n s s h i p m e n t to the a p p r o p r i a t e of f i c e wil l receive c r e d i t on Thursday, M a y 31. A n y q u e s t i o n s a b o u t this m e m o r a n d u m m a y be d i r e c t e d to Mr. J o s e p h M. O'Connell, A s s i s t a n t V i c e President, C h e c k P r o c e s s i n g F u n c t i o n (212-791-5997). http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis ries 0. A s t o n te P r e s i d e n t F e d e r a l R e s e r v e Ba n k o f N ew Y o r k N e w Y o r k , N . Y . 10045 A R E A CODE 2 1 2 - 7 9 1 - 5 0 0 0 May 18, 1979 M E M O R A N D U M C r a n f o r d O f f i c e of this B a n k C l o s e d on M a y 28, 1979 To A l l Banks P a r t i c i p a t i n g in the N o r t h J e r s e y R e g i o n a l C heck P r o c e s s i n g Center: As i n d i c a t e d in our C i r c u l a r No. 8571 d a t e d M a y 10, 1979, this Ba n k ' s C r a n f o r d O f f i c e (North J e r s e y R e g i o n a l C h e c k P r o c e s s i n g Center) w i l l be c l o s e d on Monday, M a y 28, 1979 in o b s e r v a n c e of M e m o r i a l Day. Items that w o u l d o t h e r w i s e be p r e s e n t e d for p a y m e n t in N e w J e r s e y on tha t day w i l l be p r e s e n t e d o n the n e x t b u s i n e s s day, Tuesday, M a y 29, 1979. C o r r e s p o n d i n g delays w i l l o c c u r in the r e t u r n o f u n p a i d items and in the f o r w a r d i n g o f advi c e s of n o n p a y m e n t of such items. The C r a n f o r d O f f i c e w i l l be o p e n to a c c e p t d e p o s i t s d u r i n g n o r m a l b u s i n e s s h ours on F r i d a y evening, M a y 25, 1979 and M o n d a y e v e n i n g M a y 28, 1979. C r e d i t a v a i l a b i l i t y for suc h d e p osits w i l l be g iven on Tuesday, M a y 29, 1979. The C r a n f o r d O f f i c e w i l l also a c c e p t d e p o s i t s f rom m e m b e r b a n k s s e r v e d b y the o f f i c e for t r a n s s h i p m e n t to the N e w Yor k H e a d Of f i c e on those evenings. However, the C r a n f o r d O f f i c e wil l no t be o p e n on S u n d a y evening, M a y 27, 1979 to a c c e p t such d e p o s i t s for transshipment. Cas h items that are d e p o s i t e d at the C r a n f o r d O f f i c e for t r a n s s h i p m e n t to the N e w Y o r k Hea d Of f i c e w i l l be c r e d i t e d in a c c o r d a n c e w i t h the p r o v i s i o n s of A p p e n d i x No. 1-D to ou r O p e r a t i n g C i r c u l a r No. 5, r e v i s e d e f f e c t i v e N o v e m b e r 9, 1976. The H e a d O f f i c e of this Bank and o t h e r N e w Yor k State o f f i c e s w i l l o b s e r v e M e m o r i a l Day on Wednesday, M a y 30, 1979. Therefore, e n t r i e s to the reserve a c c ounts of N e w J e r s e y m e m b e r b a n k s for t r a n s a c t i o n s o c c u r r i n g on that day w i l l be mad e as of W e d n e s d a y b y rese r v e a d j u s t m e n t on Thursday, M a y 31. (OVER) C o n s o l i d a t e d c heck s h i p m e n t p a r t i c i p a n t s and o t h e r d i r e c t s e n d i n g b anks w i l l find this Bank's a r r a n g e m e n t s for i n t e r d i s t r i c t sh i p m e n t s d u r i n g the h o l i d a y w e e k e n d d e s c r i b e d in o u r C o n s o l i d a t e d C h e c k S h i p m e n t M e m o r a n d u m #100 d a t e d M a y 17, 1979. If y o u hav e any q u e s t i o n s a b o u t this m e m o r a n d u m please call Mr. F r e d A. D enesevich, Manager, C r a n f o r d Office, 201-272-9000. ies O. A s t o n e President
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