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F E D E R A L R E S E R V E B A N K O F S T . L O U IS S t . L o u is 2 M isso u ri December 18, 1953 To Member Hanks in the Eighth Federal Reserve District: T he Louisville Branch of this bank will be closed for all activities on S atur day, December 26. Normally the Louisville Branch is of>en for business on Saturdays occurring in weeks during which a holiday has been observed; how ever. the Governor of Kentucky has issued a proclamation perm itting banking institutions to suspend business on that day. T he Check Collection Departm ent of the Louisville Branch will not operate on December 26. While no money shipments will l>e made on December 26, a bank may order currency shipments for delivery on M onday, December 28, by specifically re questing such delivery on an order reaching the branch 'not .later than the pre ceding Thursday. Member banks located in the zones served by the Louisville Branch may treat Saturday, December 26, as a business day in calculating the availability of cash letters consisting of deferred credit cash items which the Louisville Branch receives and handles on December 24. Direct sending member banks may also count December 26 as a business day in calculating the availability of cash letters forwarded on December 24 to other Federal Reserve Banks and branches. DELOS C. JO H N S President
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