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June 27, 1984 To the Addressee: Earlier this year, a new operating circular regarding On-Line Transactions in Book-Entry Securities (No. 21A) was issued. Enclosed, for those who maintain binders containing the operating circulars of this Bank, is a divider tab for that Operating Circular. Also enclosed are divider tabs for Operating Circular Nos. 2A, 7A, and 7B of that service. Circulars Division FEDERAL RESERVE BANK OF NEW YORK