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V r . G. K. Wacner.

UKKAHY OF THE FEDERAL

RESERVE bank OF CLEVELAN'

TR A N SFER
FEDERAL RESERVE BANK OF ST. LOUIS

For immediate release,

April 24, 194.',

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At ft meeting of the Board of Directors of the Federal

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^ R e s e r v e Bank of St. Louis yesterday, Clarence U. Stewart war
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elected Vice President and Secretary*
He has been with the Federal Reserve Bank since November
5, 1914, eleven days before it opened for buaiBeea. On August
2, 1917* he was appointed Assistant Federal Reserve Agent,
and on March 4, 1937, he became Cashier.

He has served a3

Secretary of the bank since March, 1932*

Last September he

was appointed Liaison Officer to cooperate with the State
Defense Savings Staffs of the district in the War Savings
Bond campaign.
Stewart is a graduate of Yeatman High School and of
Benton College of Lav/, St. Louis.

He is a former lecturer at

the Y. M. C. A. School and tho Amorican Institute of Banking.