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

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Federal R e se r v e Ba n k

of

S t . L ouis

P. O. B O X 4 4 2

S t. L o u is , Mis s o u r i 63166

M a r c h 14, 1969

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
S y stem has announced the appointment, e f f e c t iv e M a r c h 13,
1969, of M r . F r e d I. Brow n, Jr. , L it t le R ock, A r k a n s a s ,
as a d i r e c t o r of the L it t le R o c k B ranch of the F e d e r a l
R e s e r v e Bank o f St. Louis f o r the u n expired p o rtio n of a
t e r m ending D e c e m b e r 31, 1970.
M r . B row n is P r e s id e n t of the A r k a n s a s
Foundry Company in L it t le Rock. A s a d i r e c t o r of the
L it t le R o ck Branch, he succeeds M r . Ralph M . Sloan, Jr. ,
who re s ig n e d January 17, 1969.

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, A^issour/ 63166

F O R IM M E D IA T E R E L E A S E

M a r c h 14, 1969

F r e d I. B row n, Jr. , L it t le Rock, A rk a n s a s , has b e e n appointed a
d i r e c t o r of the L it t le Rock Branch o f the F e d e r a l R e s e r v e Bank o f St. Louis
fo r the u n expired p o rtio n of a t e r m ending D e c e m b e r 31, 1970.

His app oin t­

ment, e f f e c t iv e M a r c h 13, 1969, was m ade by the B o a rd o f G o v e r n o r s o f the
F e d e r a l R e s e r v e System , and as a d ir e c t o r of the L it t le R o ck B ranch he
succeeds Ralph M , Sloan, Jr. , who r e s ig n e d January 17, 1969.
A native of A rk a n s a s , M r .

B row n is a graduate of the U n iv e r s it y

of A r i z o n a and the M assach u setts Institute of T ech n o lo g y .

He is P r e s id e n t of

the A rk a n s a s Fou n dry Company in L it t le Rock, A r k a n s a s .
A c t i v e in m any c iv ic o rg a n iza tio n s , including R ed C r o s s and the
C h am ber of C o m m e r c e , M r . B row n a ls o is V ice P r e s id e n t of the A s s o c ia t e d
In d u stries of A rk a n s a s , Inc. , a d ir e c t o r of the National A s s o c ia t io n of
M a n u fa c tu re rs , and C hairm an of the L it t le R ock P o r t A u th o rity .
The B ranch B oards con sist of seven m e m b e r s , fou r o f w h om a re
appointed by the F e d e r a l R e s e r v e Bank o f St, L ou is and th r e e by the B o a rd
of G o v e r n o r s in Washington, D, C.




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