Full text of Federal Reserve Bank of St. Louis Circulars : Letter and Press Release Regarding Results of Election]

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F e d e r a l R e s e r v e Ba n k

of

S t. L ouis

P. O. B o x 442

S t . L o u i s , Mi s s o u r i 63166

A p r i l 19,

1968

To A l l Banks in the
Eighth F e d e r a l R e s e r v e D is t r ic t :

The B o a rd o f G o v e r n o r s of the F e d e r a l
R e s e r v e System has announced the appointment of
M r. Ralph M. Sloan, Jr. , L it t le Rock, A rk a n s a s , as
a d ir e c t o r of the L it t le R ock B ranch of the F e d e r a l
R e s e r v e Bank of St. L ou is fo r the unexpired portion of
a t e r m ending D e c e m b e r 31, 1970.

M r. Sloan is

P r e s id e n t of the T e r m in a l Van and Storage Company,
L it t le Rock.

He succeeds as a d ir e c t o r of the Branch

M r. R e e v e s E. R itch ie, P r e s id e n t of A rk a n sa s P o w e r &
L ig h t Company, L it t le Rock, A rk an sas.

D A R R Y L R. F R A N C IS
P r e s id e n t

Press Information

Federal Reserve Bank of St. Louis
St. Louis, Missouri 63166

A p r i l 19, 1968
FO R IM M E D IA T E R E L E A S E

Ralph M. Sloan, Jr. , L it t le Rock, A rk a n sa s, has been appointed a
d ir e c t o r of the L it t le R ock B ranch of the F e d e r a l R e s e r v e Bank of St. Lou is
fo r the unexpired p ortion of a t e r m ending D e c e m b e r 31, 1970, succeeding
R e e v e s E. R itc h ie , P r e s id e n t of A rk a n sa s P o w e r & L ig h t Company,
L it t le Rock, who resign ed .
B orn in San Antonio, T e x a s , M r. Sloan attended
,
.
law f i r m of B a r b e r , H enry,

He was a s s o c ia te d w ith the

Thurman & M c C a s k ill 1952-56; and s e r v e d as

A s s is ta n t U. S. A tto rn e y fo r the E a stern D is t r ic t of A rk a n sa s 1956-60.

In

I960 M r. Sloan jo in ed the T e r m in a l Van and S torage Company, L it t le Rock,
as A s s is ta n t to P r e s id e n t;

in 1962 was nam ed a D ir e c t o r ;

and in 1968

assum ed his p re s e n t position as P r e s id e n t.
The Branch B o a rd s con sist o f seven m e m b e r s , four of whom a r e
appointed by the F e d e r a l R e s e r v e Bank of St. L ou is and th ree by the B o a rd
of G o v e rn o rs in Washington, D. C.




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