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ilBRARY OF IKE FEDERAL RESERVE BANK OF C IE V E U D 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 i s P r e s s R e le a s e (O ffic ia l A n n ou n cem en t) F o r Im m e d ia te R e le a s e N o v e m b e r 15, I 9 6 0 A c c o r d i n g to a n n o u n c e m e n t o f M r . P i e r r e B . M c B r i d e , C h a ir m a n o f t h e B o a r d , th e r e s u l t s o f th e e l e c t i o n o f a C l a s s A a n d a C l a s s B d i r e c t o r o f t h e 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 i s , w h i c h e n d e d to d a y , a r e a s f o l l o w s : M r . H. L e e C o o p e r , P r e s i d e n t , O h io V a l l e y N a t io n a l B a n k o f H e n d e r s o n , H e n d e r s o n , K e n tu c k y , w a s r e - e l e c t e d b y m e m b e r b a n k s in G r o u p 2 a s a C l a s s A d i r e c t o r o f th e 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 f o r a t h r e e - y e a r t e r m b e g in n in g J a n u a r y 1, 1 9 6 1 . M r. C ooper has b een a d ir e c to r sin c e Janu ary 1958. M r. E d gar M on san to Q u een y , C h a ir m a n of th e F in a n c e C o m m itte e a n d m e m b e r o f th e B o a r d o f D i r e c t o r s , M o n s a n t o C h e m i c a l C o m p a n y , S t . L o u i s , M i s s o u r i , w a s e l e c t e d b y m e m b e r b a n k s in G r o u p 1 a s a C l a s s B d i r e c t o r o f t h e 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 i s f o r a t h r e e - y e a r t e r m b e g i n n i n g J a n u a r y 1, 1 9 6 1 . T h e F e d e r a l R e s e r v e B a n k h a s n in e d i r e c t o r s ; th r e e , d e sig n a te d C l a s s C , a r e a p p o in t e d b y th e B o a r d o f G o v e r n o r s i n W a s h in g t o n , a n d s i x , C l a s s e s A a n d B , a r e c h o s e n by t h e m e m b e r b a n k s .
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