Federal Reserve Bank of New York Circular Series circulars/1968... · Head Office ♦ 33 Liberty Street Federal Reserve P. 0. Station New York, N.Y. 10045 212-732-5700 Branch ♦

FEDERAL RESERVE BANK OF NEW YORK TTl i >

I E r ■ p f"N D)WU J 11 j .J v- J o n

January 1968

SECOND FEDERAL RESERVE DISTRICT

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Head Office ♦ 33 Liberty StreetFederal Reserve P. 0 . Station New York, N .Y . 10045

212-732-5700

Branch ♦ 160 Delaware Avenue Buffalo, N. Y. 14240

716-854-7562

Relocation Office ♦ 113 South Cayuga Street Ithaca, N .Y . 14850

607-273-2640


F E D E R A L R E S E R V E B A N K O F N E W Y O R K

January 31,1968

To All Banks in the Second Federal Reserve District:

This edition of the directory of this Bank follows the design of the directory we issued and sent you in February 1967, which is now superseded. The first part is a telephone directory, listing operational matters on Which we receive frequent telephone inquiries, the departments in which they are handled, and telephone extensions to which such inquiries can be directed.

The second part, beginning on page 22, is an organization directory, showing the functional organization of the Bank and its departments and divisions, together with the names of the officers, division chiefs, and certain senior staff members of the Bank. New appointments of officers and changes in their titles are announced currently in supplements to, or revisions of, our Operating Circular No. 1, “Authorized Signatures.”

The use of this Directory should aid you in directing your communications to the appropriate persons and units in this Bank. We will be pleased to furnish additional copies upon request.

ALFRED HAYES,President.


C O N T E N T S

PageTelephone Directory

General information for banks............... 5Head Office .............................................. 6Buffalo Branch........................................19

Organization DirectoryHead Office

Administrative Services.........................22Audit ...................................................... 23Bank Supervision and Relations............. 23Cash and Collections . ............................. 23Foreign ................................................... 24Government Bond and Safekeeping

of Securities ........................................ 25Legal ....................................................... 25Loans and Credits.................................... 25Open Market Operations and

Treasury Issues..................... ..............25Payments Mechanism and Com

munications Development................... 26Personnel..................................................26Public Information.................................. 27Research and Statistics........... ..............27Secretary’s Office...................................27

Buffalo Branch............................................28Directors ......................................................29Member of Federal Advisory Council..........29Officers .......................................................30

NOTE: The lettered Regulations referred to in this Directory are Regulations of the Board of Governors of the Federal Reserve System.



H E A D O F F I C E D E P A R T M E N T A L A B B R E V I A T I O N S

Accpt. AcceptanceAcctg. AccountingAudit. AuditingB. Exam. Bank ExaminationsBk. Rel. Bank RelationsBid. Op. Building OperatingColl. CollectionComp. S. Computer ServicesCr. Dis. Credit and DiscountDom. Rs. Domestic ResearchForgn. ForeignGov. Bd. Government Bond and SafekeepingInt. Rs. International ResearchPlan. PlanningPub. In. Public InformationSav. Bd. Savings BondSecy.0. Secretary’s OfficeSecur. SecuritiesSrvce. ServiceStat. Statistics

4Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

F E D E R A L R E S E R V E B A N K O F N E W Y O R K T E L E P H O N E D I R E C T O R Y

General information for banks1. For some operations, more than one extension is indicated. If the first

extension line is busy, request an alternate extension line. For any inquiry on an operation^not listed in this directory, call our Bank Relations unit (Head Office: 212-732-5700, Extension 672 or 377; Buffalo Branch: 716-854-7562, Extension 208).

2. On page 4 and the inside of the back cover are listed Head Office departmental abbreviations. These abbreviations are used in the telephone directory to indicate departments in which the listed operations are conducted.

3. When, in your judgment, a sizable adjustment appears to be necessary to correct an entry on your statement of account, or a large item is missent from this Bank, including its Buffalo Branch, a collect call can be made concerning the matter.

4. In accordance with this Bank’s Operating Circulars, requests for currency or coin (No. 3, paragraph 8) or the delivery of securities from or for safekeeping (No. 14, paragraph 11) should ordinarily not be made by telephone; if, in an emergency, such a request is made by telephone, prompt written confirmation will be necessary. When an emergency telephone call is made to order cash or savings bond stock, or to complete a transaction such as a wire transfer, a collection, or the delivery of securities from or for safekeeping, please be prepared to furnish the required test word.

5. Requests for supplies, including forms, furnished by us should also ordinarily not be made by telephone. To avoid emergency requests for supplies, reorder when your inventory has declined to about a three-week supply.

5


HEAD OFFICE Telephone 212-732-5700A Dept. Extension

Acceptances ..........................................................................Accpt.Bankers’—monthly survey, open market transactions,

Regulations B and C 708/287Trade, open market transactions 708/287

AccountsForeign central banks, foreign governments, and in

ternational financial organizations—payment anddeposit of funds............................................................Forgn. 602

Member and nonmember clearing banks........................Acctg.Adjustments (missing or unrecognized entries)* 250/142/8058Current day’s opening balance 276/553/329Prior days’ balances 250/142/8058

Reconciliations (See Audit confirmations)Remittance, cash letter....................................................Acctg. 450/538Savings bond issuing agents—consignment.................. Sav. Bd. 787/734Treasurer of United States, deposits by general de

positaries for credit t o ................................................Acctg. 460/542Treasury Tax and Loan accounts

Commercial paper as collateral....................................Cr. Dis. 609/608Other m atters..............................................................Gov. Bd. 616/260

AdjustmentsCash letters......................................................................Check

Current 241Noncurrent 668/511/591Special inquiries 263/667/227

Checks returned without entry......................................Check 227/246/263Coin claims and differences..............................................Cash 315/791Currency claims and differences......................................Cash 420/430Direct sending of checks..................................................Acctg. 356/313/394Government checks—reclamations.................................. Coll. 540/550Missing or unrecognized entries*..................................Acctg. 250/142/8058Reserve account (See Member bank accounts)

Advances and discounts (Regulation A ) ..........................Cr. Dis. 609/608Agency securities, U.S. Government..................................Gov. Bd. 393/428/642Armed Forces Leave Bonds—redemption..........................Sav. Bd. 493/494/639Armored car service, currency and coin............................ Cash 416Audit confirmations

Information from this Bank’s records..........................Audit. 590/345Requests for, made by this Bank’s Auditing Depart

ment ..............................................................................Audit. 705/503*On sizable adjustments, call collect.

6


HEAD OFFICE Telephone 212-732-5700

B Dept. ExtensionBalance of payments (U.S.)

Current developments......................................... . 352/236Statistical information ..................................... 114/742/386Treasury foreign exchange reports.................... 742/779/386Voluntary foreign credit restraint program

Filing of required data.................................... 463/8035Guidelines......................................................... 1000Statistical information.................................... 463/8035

Bank holding companies (Regulation Y ) ............Bank service arrangements (Regulation S ) ........ ..........B. Exam. 692Bills of exchange—acceptance by member banks, open

market transactions, Regulations B and C........ 708/287Bonds (See Collections; Government securities; Inter-

American Development Bank bonds; International Bank for Reconstruction and Development bonds; Retirement Plan bonds; Safekeeping; Savings bonds)

Branch applications ........................................................... B. Exam. 789/669Building (Bank), operation o f ........................................... Bid. Op. 170

CCapital stock of Federal Reserve Banks

Issue and cancellation (Regulation I ) ............................B. Exam. 669/690Dividends ......................................................................... Secur. 784

Cash (See Coin; Currency)Checkbooks for member and nonmember clearing banks. . Plan. 8065Checks

Clearing arrangementsEstablishment and operation......................................Check 797Settlement of balances

City, outside New York City....................................Coll. 8042O ther......................................................................... Acctg. 250/142/8058

Design and preprinting................................................. Check 574Direct sending

Adjustments ................................................................Acctg. 356/313/394Forms (rainbow sheets) ........................................... Acctg. 553/276/329

Permission................................................................... Check 797Drawn on this Bank, certification o f ..............................Cash 207/355Encoding (MICR) ......................................................... Check 574/321Government (U.S.) checks..............................................Check 738/8000Incoming items on New York City banks......................Check 312/321Incoming items on other than New York City banks.. . Check 418/370/321

7


HEAD OFFICE Telephone 212-732-5700Dept.

Checks—ContinuedMoney orders, posta l...................................................... CheckNew York City Clearing House, claims and allowances. CheckPar l i s t ..............................................................................CheckRecall of presentment......................................................CheckRegulation J ......................................................................CheckReserve accounts, drawn on

Deposits of, by hand....................................................Coll.Other inquiries concerning........................................Acctg.

Returned without en try .................. ............................... CheckReturn item s....................................................................Check

Advices of nonpaymentRules on advices, lateness, and protest

Sent by this Bank to data-processing centers................ CheckTransportation routes of motor carriers...................... Check

Circulars, B ank....................................................................Secy. 0.Clearing arrangements (See Checks and Government

(U.S.) securities)C oin ........................................................................................Cash

Armored car service Claims and differences Deposit and order forms Redemption of uncurrent coin Request for shipment Shipment to this Bank

Collateral for advances to member banks.......................... Cr. Dis.Collections ............................................................................Coll.

Coupons, payment of, on obligations of U.S. or its agencies, International Bank for Reconstruction and Development, and Inter-American Development Bank

Maturing and matured bonds and coupons (other than obligations of U.S. and its agencies)Payable in New York City Payable outside New York City

Notes, drafts, and other noncash items Fate of collectionHandling (maturity dates, signatures, etc.)Payable in New York City Payable outside New York City Recall of collection Tracers

Extension

738/8000359/516665665474

722553/276/329227/246/263

216/406/407/408324/453/246321/474797758

416315/791/677414/415677414/415677/414/415609/608

202/344/341

343/344/341620/343/344/341

540/640/550506/513530640/540/550540/640/550540/640/550

8


HEAD OFFICE Telephone 212-732-5700Dept. Extension

Commercial bank and commercial paper statistics..........Stat. 558Commercial Credit File and related forms, distribution

o f ....................................................................................... Cr. Dis. 366/629Condition reports of State member banks........................B. Exam. 690/669Consumer credit statistics..................................................Stat. 558Commodity Credit Corporation—payment of drafts

drawn under letters of commitment..............................Coll. 506/513Corporations doing foreign banking or other foreign

financing under the Federal Reserve Act (Regulation K) ..................................................................................... B. Exam. 692

Coupons (See Collections)Credit ................................................................................... Cr. Dis.

Advances and discounts by Federal Reserve Bank 609/608Eligibility of paper offered for discount or as collat

eral for advances or Treasury Tax and Loan accountCredit aspects 8091/366Maturity, negotiability, and other factors 609/608

Loan guarantees for defense production (Regulation V)

Applications for and credit aspects 8091/366Guarantee and commitment fees, and interest 609/608

Restraint, foreign (See Balance of payments)Credit by brokers, dealers, and members of national se

curities exchanges (Regulation T ) ................................B. Exam. 526/8149/8150Cuban Assets Control regulations of the U.S. Treasury,

licenses thereunder..........................................................Forgn. 291/297Currency............................................................................... Cash

Armored car service 416Bag-tag envelopes for deposit tickets 255/485Claims and differences 420/430Counterfeit 430/420Counterfeit exhibit 587Deposit and order forms 414/415Mutilated 255/485Redemption of uncurrent currency 420/390Regulations, historical data, and related information 390Request for shipment 207/704/355Shipment to this Bank 255/485Silver-certificate redemptions 315/791Unusual transactions (large denominations, etc.) 420/390

9


HEAD OFFICE Telephone 212-732-5700D Dept. Extension

DepositsFederal taxes....................................................................Comp. S. 245/663For account of foreign central banks, foreign govern

ments, and international financial organizations . . . . Forgn. 603/602Reserve account checks by hand......................................Coll. 722

Directors, this Bank's, procedures for election o f ............ Secy. 0. 285Discounts (See Credit)Dividends on capital stock of Federal Reserve Bank . . . . Secur. 784Drafts, acceptance by member banks..................................Accpt. 708/287Drafts drawn on accounts with us of foreign central

banks, foreign governments and internationalorganizations ..................................................................Forgn. 602

Drafts drawn under letters of commitment issued by Commodity Credit Corporation......................................Coll. 506/513

EExamination reports............................................................B. Exam.

State member banks (commercial departments) and their affiliates, bank holding companies, and Edge Act corporations 618

State member banks, trust departments 683Exhibits ................................................................................Pub. In. 169Expenditures........................................................................Acctg. 592/398

FFarm Credit File and related forms, distribution o f ........Cr. Dis. 366/629Federal banking laws (criminal), reporting possible

violations o f ......................................................................B. Exam. 789/669Federal funds—operations and market statistics............ Stat. 171Federal National Mortgage Association participation

certificates ........................................................................Gov. Bd.Delivery 242/392Issue, registration, transfer, or exchange 632/752/8064

Federal Open Market Committee, Regulation relating to open market operations of Federal Reserve Banks... . Secur. 652

Federal Reserve Bank of New YorkCapital stock—dividends..................................................Secur. 784Capital stock—issue and cancellation..............................B. Exam. 669/690Circulars............................................................................Secy. O. 758Directory ..........................................................................Secy. O. 758Exhibits ............................................................................Pub. In. 169Monthly Review, subscriptions......................................Pub. In. 169Operations and general information.............................. Pub. In. 144/145Tour of the Bank................................................................Pub. In. 289Weekly News Review, subscriptions.............................. Pub. In. 169

10



Federal Reserve SystemFilm s..................................................................................Pub. In. 169General information........................................................Pub. In. 144/145Membership..................................................................... Bk. Rel. 672

Regulation H ................................................................B. Exam. 669/789/692Talks ..................................................................................Pub. In. 289

Federal taxes, deposits o f ....................................................Comp. S. 245/663Films, Federal Reserve........................................................Pub. In. 169Financial statement forms, distribution o f ......................Cr. Dis. 366/629Food stamp coupons, payment o f ........................................Coll. 341/202Foreign Assets Control regulations of the U.S. Treasury,

licenses thereunder ........................................................Forgn. 291/297Foreign branches of national banks (Regulation M ) .. .B. Exam. 692/789Foreign central banks, foreign governments, and inter

national financial organizations, accounts o f ..............Forgn. 437/438Cablegrams, radiograms, telegrams, and telex mes

sages concerning 437/438 Foreign exchange transactions 159 Gold transactions 439 Payment and deposit of funds 602/603

Foreign countries—economic conditions............................Int. Rs. 160Foreign credit restraint (See Balance of payments)Foreign exchange rates, certification of, under Tariff

Act of 1930 ........................................................................Forgn. 545Foreign exchange transactions..........................................Forgn. 159Forms and supplies

Advice form for cash letter sent direct........................Check 797Coin deposit and coin order form s...............................Cash 414/415County clearing advice forms........................................Acctg. 553/276/329Credit folders and financial statement and other cred

it forms ........................................................................Cr. Dis. 366/629Currency deposit and currency order forms................Cash 414/415Labels, loose for airmail pouch containing cash letters. Check 797 Report of deposits and vault cash forms (Forms No.

RB23 and No. RB26) and reserve position computation worksheets (Form No. 2 4 )..............................Acctg. 685/686

Return items, cash letter forms fo r ..............................Check 324/453Savings bonds forms and stamps....................................Sav. Bd.

Issuing and paying agent stamps 655

11


HEAD OFFICE Telephone 212-732-5700

Forms and supplies—Continued Dept. ExtensionSavings banks forms and stamps—Continued

Penalty envelopes........................................................Sav. Bd. 655Requisition forms 734/787Sales and spoiled bonds reports 734/787

Other..................................................................................Plan. 8049Functional cost analysis program for member banks. . . . Bk. Rel. 586

GGold, issuance of checks for use in purchasing from U.S.

Assay Office......................................................................Coll. 8042Gold Reserve Act of 1934....................................................Forgn. 439Government (U.S.) agency securities................................Gov. Bd. 393/428/642Government (U.S.) checks

Cash letters......................................................................Check 738/8000Reclamations (stolen, forged endorsements, e t c .) ........Coll. 540

Government (U.S.) securities (other than savings bonds)Book-entry........................................................................Gov. Bd. 260/328Cash subscriptions to new issues

Paym ent........................................................................Gov. Bd. 393/428/642Tenders, subscriptions, and allotments......................Secur. 652/653/784

Circulars offering, requests f o r ....................................Secy. O. 758Clearing arrangement (N.Y. City banks)

Administration ............................................................Gov. Bd. 8080Settlement of balances................................................Gov. Bd. 8054/441/615

Closing market quotations and yields............................Stat. 172/173Dealer operations and statistics....................................Stat. 171Delivery ............................................................................Gov. Bd. 242/392Denominational exchange and telegraphic transfer

to other Reserve Banks..............................................Gov. Bd. 451/627/754Exchange subscriptions..................................................Gov. Bd. 393/428/642Issue and redemption......................................................Gov. Bd. 393/428/642Lost, stolen, destroyed, or mutilated..............................Gov. Bd.

Bearer 393/428/642Registered 632/752/8064

Purchases and sales for member banks.......................... Secur. 625Registration and exchange of bearer for registered... Gov. Bd. 632/752/8064

Guidelines for foreign credit restraint (See Balance of payments)

IIncome and expense reports of State member banks........ B. Exam. 690/669

12



Information from published sources on Federal Reserve System, U.S. Treasury, banking, finance, and monetary affairs....................................................................... Dom. Rs. 435/673

Inter-American Development Bank bonds........................Gov. Bd.Delivery 242/392Issue or exchange 393/428/642Registration or transfer 632/752/8064

Interest, payment of, on deposits (Regulation Q ) ..........B. Exam. 413/669Interlocking bank directorates under the Clayton Act

(Regulation L) ................................................................B. Exam. 692International Bank for Reconstruction and Develop

ment bonds....................................................................... Gov. Bd.Delivery 242/392Issue or exchange 393/428/642Registration or transfer 632/752/8064

International financial organizations, accounts o f ..........Forgn. 438Interpretations of Board of Governors, binder service for Secy. 0. 758

LLetters of commitment issued by Commodity Credit

Corporation—payment of d ra fts....................................Coll. 506/513Letters of credit by certain U.S. agencies—payment of

vouchers drawn on Treasurer of U.S. under..................Coll. 506/513Liaison with District banks................................................Bk. Rel. 672Library, Research............................................................... Dom. Rs. 435/673Licenses under Foreign and Cuban Assets Control Reg

ulations............................................................................. Forgn. 291/297Loan guarantees for defense production (Regulation V) . Cr. Dis. 8091/366 Loans by banks for the purpose of purchasing or carry

ing registered stock (Regulation U ) ............................B. Exam. 526/8149/8150Loans to executive officers of member banks (Regulation

O) ..................................................................................... B. Exam. 413/669Loans to member banks (See Regulation A)

MMail, incoming and outgoing............................................. Srvce. 681Market statistics on certificates of deposit, Federal

funds, repurchase agreements, and Government securities ............................................................................. Stat. 171

Member bank accounts....................................................... Acctg.Adjustments (missing or unrecognized entries)* 250/142/8058Current day’s opening balance 276/553/329Prior days’ balances 250/142/8058

*On sizable a d ju stm en ts, call collect.

13



Membership of State banking institutions in the Federal Reserve System ........................................................Bk. Rel. 672Regulation H ....................................................................B. Exam. 692/669/789

Merger applications............................................................B. Exam. 789/669/692Money orders, postal ..........................................................Check 738/8000Monthly Review, subscriptions..........................................Pub. In. 169

NNew York City Clearing House—claims and allowances.. Check 359/516Noncash items (notes, drafts, etc.), collection o f ............ Coll. 506/513

Collection letters, direct-sent 782 Maturing or matured bonds and coupons (other than

obligations of U.S. and its agencies) 341/344Nonmember clearing accounts............................................Acctg.

Adjustments (missing or unrecognized entries)* 250/142/8058Current day’s opening balance 276/553/329Prior days’ balances 250/142/8058

OOpen market purchases and sales

Bankers’ and trade acceptances and bills of exchange.. Accpt. 708/287Government (U.S.) securities........................................Secur. 625

Operating-ratio reports of member banks..........................B. Exam. 487Operations of member banks—surveys..............................Bk. Rel. 586

PPar l i s t ..................................................................................Check 665Payment vouchers on letters of credit issued by Govern

ment agencies..................................................................Coll. 506/513Payments mechanism, studies of improvements in .......... — 8126Philippine Government bonds, redemption.............. ......... Gov. Bd. 393/428/642Planning, internal................................................................Plan. 178Postal deposits......................................................................Cash 443Postal money orders............................................................Check 738/8000Protection Division ............................................................Srvce. 225/226Publications, distribution (See also Circulars, Regula

tions, Reports, Surveys) ................................................Pub. In. 169Public information, Federal Reserve, general (See also

Information) ....................................................................Pub. In. 144/145Puerto Rico Government bonds, redemption....................Gov. Bd. 393/428/642Purchase of supplies............................................................Plan. 8065Purchase of warrants (Regulation E ) ..............................Secur. 652*On sizable adjustments, call coUect.

14


HEAD OFFICE Telephone 212-732-5700R Dept. Extension

Registration statements and other reports of State member banks under Regulation F ........................................B. Exam. 526/8149/8150

Regulations and published interpretations of the Boardof Governors—distribution..............................................Secy. 0. 758

RegulationsA —Advances and discounts by Federal Reserve Banks. Cr. Dis. 609/608 B — Open market purchases of bills of exchange, trade

acceptances, and bankers’ acceptances underSection 14 of the Federal Reserve Act................Accpt. 708/287

C — Acceptance by member banks of drafts or bills ofexchange ................................................................Accpt. 708/287

D —Reserves of member banks........................................Acctg. 685/686E —Purchase of warrants..............................................Secur. 652F — Securities of member State banks............................B. Exam. 526/8149/8150G —Credit by persons other than banks, brokers, or

dealers..................................................................... B. Exam. 526/8149/8150H —Membership of state banking institutions in the

Federal Reserve System ......................................B. Exam. 692/669/789I — Issue and cancellation of capital stock of Federal

Reserve Banks ......................................................B. Exam. 669/690J —Collection of checks and other items by Federal

Reserve BanksChecks................................................................. Check 474Maturing or matured bonds and coupons (otherthan obligations of U.S. and its agencies) ....C o ll. 341/344Other................................................................... Coll. 506/513

K — Corporations doing foreign banking or other foreign financing under the Federal Reserve A c t ... B. Exam. 692/789

L — Interlocking bank directorates under the ClaytonAct ......................................................................... B. Exam. 692/669

M— Foreign branches of national banks........................B. Exam. 692/789O — Loans to executive officers of member banks..........B. Exam. 413/669Q — Payment of interest on deposits..............................B. Exam. 413/669R —Relationships with dealers in securities under

Section 32 of the Banking Act of 1933................B. Exam. 692/669S —Bank service arrangements......................................B. Exam. 692/669T — Credit by brokers, dealers, and members of na

tional securities exchanges..................................B. Exam. 526/8149/8150U — Loans by banks for the purpose of purchasing or

carrying registered stocks....................................B. Exam. 526/8149/8150V — Loan guarantees for defense production................Cr. Dis. 8091/366Y — Bank holding companies..........................................B. Exam. 413/669

15



Remittances for cash letters and adjustments thereon... Acctg. 450/538Reports

Commercial pap er........................................................... , Stat. 617Condition, State member banks....................................... B. Exam. 690/669Consumer cre d it .............................................................., Stat. 558Deposits and vault cash...................................................., Acctg. 685/686Electric power series........................................................, Stat. 558Examinations, State member banks.............................., B. Exam.

Commercial departments 618Trust departments 683

Federal funds transactions............................................, Stat. 172/173Functional cost analysis—member banks...................... Bk. Rel. 586Government securities dealer operations...................... Stat. 197/189Income and expense—State member banks.................... B. Exam. 690/669Operating ratios, member banks...................................., B. Exam. 487Registration statements and other reports of State

member banks under Regulation F ............................ B. Exam. 526/8149/8150Stock brokers’ credit and debit balances........................ Stat. 558Surveys of deposits, interest rates, financial practices,

and other banking and financial developments.......... Stat. 558Treasury foreign exchange.............................................. Int. Rs. 742/779/386Unusual currency transactions...................................... Cash 420/390Voluntary foreign credit restraint program................ Int. Rs. 463/8035Weekly reporting member bank statement.................... Stat. 433

Reserve accounts.................................................................. Acctg.Adjustments (missing or unrecognized entries)* 250/142/8058Current day’s opening balance 276/553/329Prior days' balances 250/142/8058

Reserve requirements (Regulation D ) .............................. Acctg. 685/686Retirement Plan bonds........................................................ Sav. Bd.

Issue 695/696Redemption 493/494/639

Return item s........................................................................, CheckAdvice of nonpayment 216/406/407/408Rules on advices, lateness, and protest 324/453/246

SSafekeeping......................................................................... . Gov. Bd.

Acceptability of securities 351/623

*On sizable adjustments, call collect.

16



S af ekeep i ng—C ontinuedInstructions ......................................................................Gov. Bd.

Deposit of securities 325/552Withdrawal of securities 392/242/403Other (including book-entry) 260/328

Savings bon ds..................................................................... Sav. Bd.Consignment accounts of issuing agents 734/787p]xchange of Series E or J for Series H 493/494/639Lost, stolen, or mutilated, claims for 639Original issue 695/696 Redemption

Credits to agents 454/633Other matters 493/494/639

Reissue 493/494/639 Supplies

Agent stamps and penalty envelopes 655Application, report, requisition forms 734/787

Securities (See Collections; Government securities; Inter-American Development Bank bonds; International Bank for Reconstruction and Development bonds;Regulations F, G, R, T, and U ; Retirement Plan bonds;Safekeeping; Savings bonds)

Securities of member State banks (Regulation F ) ..........B. Exam. 526/8149/8150Signatures, authorized by Second District banks and

others ............................................................................... Acctg. 751Speakers on Federal Reserve and related matters..........Pub. In. 289Stop-payment orders............................................................Acctg. 751Surveys

Bankers’ acceptances outstanding, m on th ly ............Accpt. 708/287Banking and financial developments..............................Stat. 558Income and expense, of member banks’ trust depart

ments ........................................................................... B. Exam. 683Operations

Accrual, audit, automation, bookkeeping, loan,teller, transit, and credit file installations............Bk. Rel. 586

Member banks’ trust departments............................B. Exam. 683

TTalks and speeches..............................................................Pub. In. 289Taxes, Federal, deposits o f ................................................Comp. S. 245/663

17



Telegrams, domestic (incoming and outgoing)................Coll.Commercial (Western Union) 755

Coding, decoding, testing 462Federal Reserve leased-wire system 755

Tours of B ank ......................................................................Pub. In. 289Transfer of funds

Automatic Teletype System (ATS) —certain New York City banksAdjustments (routine) ..............................................Coll. 382/434/732Other ............................................................................Coll. 8042/374

Domestic banks (not in A T S )........................................Coll. 8042Test w ord s ....................................................................Coll. 462

Foreign central banks, foreign accounts, and international financial organizations................................Forgn. 602

Treasurer of the U.S., deposits by general depositaries for credit t o ......................................................................Acctg. 460/542

Treasury foreign exchange reports.................................. Int. Rs. 742/779/386Treasury Tax and Loan accounts

Customers’ notes as collateral........................................Cr. Dis. 609/608Other m atters..................................................................Gov. Bd. 616/260

Trust department surveys..................................................B. Exam. 683

VVisits to banks in Second District......................................Bk. Rel. 672Voluntary foreign credit restraint program

Filing of required data....................................................Int. Rs. 463/8035Guidelines..........................................................................Forgn. 1000Statistical inform ation.................................................. Int. Rs. 463/8035

Vouchers drawn on Treasurer of U.S. pursuant to letters of credit issued by certain U.S. agencies...................... Coll. 513/506

WWeekly News Review, subscriptions..................................Pub. In. 169

18


BUFFALO BRANCH Telephone 716-854-7562A Extension

Accounts........................................................................................... ....242Remittance . . ............................................................................... ....240/242R eserve......................................................................................... ....240/242

Adjustments—missing or unrecognized entries*..............................240Advances and discounts (Regulation A ) .......................................... 208/227Audit confirmations and requests for statements of accounts... 272

BBank relations matters........................................................................208Branch applications ....................................................................... ....208

CCash

Armored car service, currency claims and differences, unusualtransactions............................................................................. ....212/215/206

Other m atters............................................................................. ....212/215Checkbooks for member and nonmember clearing banks............ ....240Checks

AdjustmentsCurrent ..................................................................................... ....254/246Noncurrent ............................................................................. ....254/249/245

Buffalo Clearing H ouse............................................................. ....246/249/245Clearing arrangements............................................................... ....240/243Direct sending............................................................................. ....242Encoding (MICR) ..................................................................... ....246/249Incoming ..................................................................................... ....246/245Regulation J ............................................................................... ....213Returned without en try ............................................................. ....254/249Return items

Advices of nonpayment........................................................... ....248Rules on advices, lateness, and protest......................................249/245

Sent by Branch to data-processing centers....................................246/250Transportation routes................................................................. ....249/250

Circulars, B an k ............................................................................... ....228Collections

Bonds and coupons (other than obligations of U .S .)..................252/227Commodity Credit Corporation deposits......................................252/227Coupons, payment of, on obligations of U.S., its agencies, and

international agencies ........................................................... ....227/226Government checks and postal money orders

Cash letters ............................................................................. ....244*On sizable adjustments, call collect.

19


BUFFALO BRANCH Telephone 716-854-7562Extension

Collections—ContinuedGovernment checks and postal money orders—Continued

Reclamations (stolen, forged endorsements, e tc .).............. 252Notes, drafts, and other noncash items.................................... 252

Condition reports of State member banks.................................... 225Coupons (See Collections)Credit (Regulation A ) .................................................................... 208/227

DData processing................................................................................ 244Deposits of Federal ta x es .............................................................. 240/242

EExamination reports........................................................................ 204Expenditures.................................................................................... 241

FFederal banking la w s...................................................................... 204Federal Reserve Bank of New York

Dividends on capital stock .......................................................... 204Operations and general inform ation........................................ 204

Federal Reserve SystemMembership......................................................................................208Operations and general inform ation............................................ 208/266

Food stamp couponsAccounting for sales o f .................................................................... 240Payment o f ........................................................................................ 215

Functional cost analysis program for members banks................ .... 208/266

GGold Reserve Act of 1934 ................................................................ 208Government (U.S.) and agency securities.................................... ....227/226

Cash subscriptions..........................................................................227/208

IIncome and expense reports of State member banks.................... .....225Information, Federal Reserve ...........................................................208/209Interpretations of Board of Governors........................................ .....208

LLetters of credit by certain agencies—payment of vouchers

drawn on Treasurer of U.S.......................................................... 252L ibrary .............................................................................................. 228

20


BUFFALO BRANCH Telephone 716-854-7562M Extension

Mail, incoming and outgoing ... 250Membership of State banking institutions in the Federal Re

serve System ............................................................................... ....208Merger applications ... 208Money orders, postal ....244

OOperating-ratio reports of member banks........................................208/227Operations of member banks—surveys ....208

PPayment vouchers on letters of credit issued by Government

agencies ....................................................................................... ....252/227Purchase of supplies....................................................................... ....259/265

RRegulations

A —Advances and discounts....................................................... ....208/227Distribution and servicing 228D —Reserves of member banks 213J —Collection of checks and other items by Federal

Reserve BanksCash item s..................................................................... ....213Noncash item s............................................................... ....208

Other regulations....................................................................... ....204/208Reserve requirements ....213Return item s ....248

SSafekeeping

Acceptability of securities and paper............................................208/227All o th er....................................................................................... ....227/226

Savings bon ds................................................................................. ....227/226Signatures ....................................................................................... ....243Stop-payment orders....................................................................... ....243Supplies ........................................................................................... ....265/259Surveys of member banks....................................................................266/208

TTaxes, Federal, deposits o f ..................................................................240/242Tours of Branch ....209Transfers of funds, telegraphic and mail ....243Treasurer of the U.S., deposits for credit to ....240

VVisits to banks................................................................................. ....266/208Voluntary foreign credit restraint program ....204

21


F E D E R A L R E S E R V E B A N K O F N E W Y O R K O R G A N I Z A T I O N D I R E C T O R Y

A lfred H a y e s , PresidentW illiam F. T reiber, First Vice President

HEAD OFFICE

Senior AdviserH arold A . B ilby , Vice President and Senior Adviser

Administrative ServicesW illiam H . B rau n , Jr., Vice President A. T h o m as Combader, Assistant Vice President

(Building Operating Department)D onald C. N iles , Assistant Vice President

(Computer Services Department)E verett B. P ost, Assistant Vice President

(Accounting, Management Information, and Planning Departments)

ACCOUNTING DEPARTMENT G erald E. B each, ManagerAccounting Division ♦ JAMES H. BOOTH, Chief Disbursing Division ♦ N oel R. Scaffa , Chief

BUILDING OPERATING DEPARTMENT M a tth e w C. D re x le r , Manager Building Maintenance

Division ♦ Charles A . Gelardi, Chief Building Service Division ♦ ANTHONY C. SGAMBAT, Chief

Power Plant Division ♦ Joseph C. M e e h a n , Chief Engineer

COMPUTER SERVICES DEPARTMENT Howard F. Crumb, ManagerComputer Services Division ♦ RAYMOND F. EALES, Chief

Data Processing Division ♦ RAYMOND F. M a g n a n i, Chief

MANAGEMENT INFORMATION DEPARTMENTGerald E . Be a c h , Manager

PLANNING DEPARTMENT Louis J. B ren d el, ManagerMethods and Systems

Division ♦ W illiam H. W etendorf, Chief Purchasing Division ♦ F rederick W . F orberg, Purchasing Agent

22


Audit

Jo h n P. Jen se n , General Auditor

AUDITING DEPARTMENT W illia m M. S c h u ltz , Assistant General Auditor Auditing Division ♦ John E. F la n a g a n , Chief

Bank Supervision and RelationsF red W . P iderit, Jr., Vice PresidentLaw rence E. Qu ac k en b u sh , Assistant Vice PresidentR obert C. T h o m a n , Assistant Vice President

BANK EXAMINATIONS DEPARTMENTF rederick L. F rey, Chief Examiner

Leonard Lapidus, Manager Jam es H. Ol t m a n , Manager

Be n j a m in Stackhouse , Manager Analysis Division ♦ H arry T. F ilgate, Chief

Banking Facilities Division ♦ ANTHONY J. Segesti, Assistant Chief Banking Studies Division ♦ Under direct supervision of Leonard Lapidus, Manager

Examining Division ♦ Under direct supervision of Chief Examiner♦ R ichard E . H u n k e , Supervising Review Examiner♦ E dward F. K ipfstuhl , Supervising Review Examiner♦ Joseph F. T ierney , Supervising Review Examiner

(Trust Departments)

BANK RELATIONS DEPARTMENT Adam R. D ick, Manager

Bank Relations Division ♦ J. Raym o n d M urray, Special Assistant (Office)♦ Jo h n F . A l l e n , Special Representative♦ A lfred A . B evacqua , Special Representative♦ Jo h n W . H ylan d , Special Representative♦ N. De n n is Stafford, Jr., Special Representative♦ Jay W . W oods, Special Representative

Technical AssistanceDivision ♦ Carl H. A ll e n , Special Assistant

♦ W illiam R. S k in n e r , Senior Technical Representative

Cash and CollectionsMarcus A. H arris, Vice President Ke n n e t h E . S m all , Assistant Vice President

(Cash and Cash Custody Departments) George C. S m it h , Assistant Vice President

(Check and Collection Departments)

23


CASH DEPARTMENT C h a rle s R. P richer, Manager

Coin Division ♦ Jam es F. O’H ara , Chief Paying and

Receiving Division ♦ Jam es J. M cGo w a n , Chief Sorting and Counting

Division ♦ Charles F. Beisler, Chief

CASH CUSTODY DEPARTMENT Leonard I. B e n n e tts , Manager

Cash Custody Division ♦ FRANCIS X. CASSIDY, Chief

CHECK DEPARTMENT K a r l L. Ege, Manager

Check Division (Day) ♦ WILLIAM J. IRWIN, Chief Check Division (Night) ♦ E dward J. M cGuire , Chief

Return Items and Adjustment Division ♦ WILLIAM E. HARTMANN, Chief

COLLECTION DEPARTMENT Leonard I. B e n n e tts , Manager

Collection Division ♦ Gerald J. Co n n o lly , Chief Coupon Division ♦ Joseph M. O’Co n n ell , Chief

Wire Transfer Division ♦ ROBERT C. RELYEA, Chief

Foreign

Charles A . Coombs, Vice President Bruce K. M acLaur y , Vice President T hom as 0 . W aage, Vice President David E . B odner, Assistant Vice President Robert J. Crowley , Assistant Vice President Peter P. La n g , Adviser

FOREIGN DEPARTMENT John T. A rn o ld , ManagerS cott E . P ardee, Manager

E d w in R. Powers, Manager E d w in S. Ro t h m a n , Manager

Cable Division ♦ THOMAS J. F a y , Chief Foreign Assets Control

Division ♦ Joseph G. ElBELL, Chief Foreign Operations

Division ♦ B ernard J. Jac k so n , Chief

24


Government Bond and Safekeeping of SecuritiesF elix T. Davis , Vice PresidentF rederick L. Sm edley, Assistant Vice President

GOVERNMENT BOND AND SAFEKEEPING DEPARTMENTM artin F r e n c h , Manager

M a t t h e w J. H oey, Special Assistant Government Bond Division ♦ JOHN J. MASTERSON, Chief

Safekeeping Division ♦ FRANCIS J. MARRON, Chief

SAVINGS BOND DEPARTMENT W a lte r S. Rushmore, ManagerSavings Bond Division ♦ Louis J. CONROY, Chief

SECURITY CUSTODY DEPARTMENT A loysiu s J. S ta n to n , Manager Security Custody Division ♦ HARRY H. McCORD, Chief

LegalE dward G. Gu y , Vice President and General Counsel

LEGAL DEPARTMENT Thom as C. S loan e, Assistant General CounselR ichard A. Debs, Assistant Counsel

Robert M eyer, Assistant Counsel Betty Jean S h e a , Assistant Counsel

P h ilip V a n Or m a n , Assistant Counsel Robert Y oung , Jr., Assistant Counsel

Law Library Division ♦ H elen M. B urns, Chief Law Librarian

Loans and CreditsT h om as M. T im l e n , Jr., Vice President W illiam E. M arple, Assistant Vice President

CREDIT AND DISCOUNT DEPARTMENT H erbert H. Ruess, Manager Credit Division ♦ D onald F. Rice, Chief

Discount Division ♦ H enry T. C hristen sen , Chief

Open Market Operations and Treasury IssuesA l a n R. H olmes, Vice President Spencer S. M a r sh , Jr., Market Adviser Peter D. Sternligh t , Vice President E dward J. Geng , Assistant Vice President Paul Me e k , Assistant Vice President

25


ACCEPTANCE DEPARTMENT R o b e r t L. C oop er , Manager

Acceptance Division ♦ JAMES T. GERAGHTY, Chief

SECURITIES DEPARTMENT Robert L. Cooper, ManagerF rederick W . D e m in g , Manager

Joseph R. Coyle, Securities Trading Officer

Securities Division ♦ R ichard V ollkom m er , Chief

Payments Mechanism and Communications Development

Jo h n J. Clar ke , VicePresidentandSpecialLegal Adviser

Jo h n C. H ouhoulis, Special Assistant

Personnel

T h om as M. T im l e n , Jr., Vice President Peter F ousek , Vice President

PERSONNEL DEPARTMENT R a lp h H. G elder, ManagerF rancis H . Rohrbach , Manager

Employment Division ♦ Robert W . B urke , Employment Director Medical Division ♦ D r. H er m an G. Sandvoss, Medical Director

Personnel RelationsDivision ♦ A rmond J. B raiger, Chief

Personnel Research ♦ ERNEST A. KNAUSS, Special Assistant Personnel Services Division ♦ RUTH Ann T yler, Chief

Salary Analysis Division ♦ FRANCIS R. CELLA, Chief Training and Development ♦ WILLIAM M. WHEALAN, Jr., Training Director

SERVICE DEPARTMENT A r th u r H. Noa, Manager

Correspondence FilesDivision ♦ E ileen Page, Chief

Duplicating Division ♦ H en ry J. BLUNDELL, Chief Food Supply Division ♦ M argaret T. Su l liv a n , Chief

Post Office Division ♦ Joseph L. T u m in e l l i, Chief Protection Division ♦ JOSEPH A. CULLEN, Chief Telephone Section ♦ M rs. Josephine A. L a r k in , Chief Operator

Vault Division ♦ Corrado T. Sepe, Chief

26


Public InformationT h o m as 0 . W aage, Vice President

PUBLIC IN FORM ATION DEPARTMENT R ichard H . H oenig , Manager Public Information Division ♦ DANIEL L. Rosen, Chief

Research and Statistics

R obert G. L i n k , Vice President George Garvy , Economic AdviserR ichard G. Davis, Assistant Vice President M adeline H. M cW h in n e y , Assistant Vice President

(Statistics Department)

E d n a E . E h r lich , Senior Economist A . M arshall Puckett , Senior Economist

Special Studies Group ♦ L ora S. Collins , Special Assistant

DOM ESTIC RESEARCH DEPARTMENTF rederick C. Sch adrack , Jr., Manager

Domestic Research Division ♦ David H. K opf, Chief Research Library Division ♦ Jan et Bogardus, Chief Librarian

Visual Aids Division ♦ JOHN H. HENDRICKSON, Chief

IN TERNATIONAL RESEARCH DEPARTMENTF red H. K lopstock , Manager

Balance of PaymentsDivision ♦ H. David W illey , Chief

Foreign Research Division ♦ George H. BOSSY, Chief

STATISTICS DEPARTMENT Irving M. A uerbach , ManagerFinancial Statistics Division ♦ JOHN A. Reed, Chief

Market Statistics Division ♦ ANTON S. NlSSEN, Chief Research Computer

Division ♦ Ralph C. SCHINDLER, Chief

Secretary's OfficeR ichard A . Debs, SecretaryJam es H. Ol t m a n , Assistant Secretary

Circulars Division ♦ Joseph WlSNOVSKY, Chief

27


BUFFALO BRANCHA ngus A . M acIn n e s , Jr., Vice PresidentJOHN T. Ke a n e , Assistant Vice President and Cashier

Accounting, Check, and Computer ServicesR onald B. Gray , Assistant Cashier

Accounting Division ♦ MRS. EVALYN E. JOYCE, ChiefCheck Division ♦ FREDERICK W . MORTENSON, Chief

Computer Services Division ♦ JOHN F. K raft , Chief

Audit

Branch Auditing ♦ T h o m as J. M yers, Branch Auditor

Bank Relations, Public Information, Collection, Loans, and Fiscal Agency

H arry A. Cu rth , Jr., Assistant CashierBank Relations andPublic Information ♦ EDWIN E. M illiron , Special Representative

Collection, Loans, and Fiscal Agency Division ♦ Calvert NlEDERPRUEM, Chief

Building Operating, Cash, Emergency Planning, and ProtectionGerald H . Greene , Assistant Cashier

Building Operating Division ♦ S iegfried BOCHMANN, Building Superintendent Cash Division ♦ R ichard SCHWINDLER, Chief

Emergency Planning ♦ J. F r a n k l in THOMAS, Jr., Administrative Assistant Protection Division ♦ Ralph C. R oberts, Captain of Guardsmen

Personnel and Service

A rthur A . Ran d all , Assistant Cashier Personnel Division ♦ A llan C. HlNES, Chief

Service Division ♦ RAYMOND A . M etz, Chief

28


DIRECTORST erm expires D ecem ber SI

Everett N. Case, Chairman, and Federal Reserve Agent...........................................................................1969( Class C director—appointed by Board of Governors)President, A lfred P. Sloan Foundation, N ew Y ork , N. Y .

K enneth H. H an n an , Deputy Chairman.......................................................................................................... 1968( Class C director—appointed by Board of Governors)Executive Vice President, Union Carbide Corporation, New Y ork, N. Y .

R obert G. Cow an (Class A director—elected by Group 2 banks)............................................................1968Chairman o f the Board, N ational N ew ark & Essex Bank, Newark, N. J.

Maurice R. F orman (Class B director—elected by Group 3 banks)....................................................... 1969President, B. Form an Co., Inc., Rochester, N .Y .

James M. Hester (Class C director—appointed by Board of Governors)............................................ 1970President, New Y ork University, New York, N .Y .

R. E. M cNeill, J r. (Class A director—elected by Group 1 banks)......................................................... 1970Chairman o f the Board, M anufacturers H anover Trust Company, New York, N .Y .

E ugene H. Morrison (Class A director—elected by Group 3 banks).....................................................1969President, Orange County Trust Company, M iddletown, N .Y .

M ilton C. Mumford (Class B director—elected by Group 2 banks)....................................................... 1968Chairman o f the Board, Lever Brothers Company, New Y ork, N .Y .

A rthur K. W atson (Class B director—elected by Group 1 banks)....................................................... 1970Chairman o f the Board, IBM World Trade Corporation, New Y ork, N. Y., andVice Chairman o f the Board, International Business Machines Corporation, Armonk, N .Y .

DIRECTORS • BUFFALO BRANCH

Robert S. Bennett, Chairman.............................................................................................................. ...............1970General M anager, Lackawanna P lant, Bethlehem Steel Corporation, Buffalo, N .Y .

N orman F . Be a c h ......................................................................................................................................................1968Vice President, Eastm an Kodak Com pany, Rochester, N .Y .

Gerald F . Britt ........................................................................................................................................................ 1969President, L -B rook e Farm s, Inc., B yron , N .Y .

W ilmot R. Cra ig ........................................................................................................................................................ 1970Chairman o f the Board, L incoln Rochester Trust Company, Rochester, N .Y .

A rthur S. H a m l i n ................................................................................................. .................................................. 1968President, The Canandaigua N ational Bank and Trust Com pany, Canandaigua, N .Y .

C harles L. Hughes ..................................................................................................................................................1970President, The Silver Creek N ational Bank, Silver Creek, N .Y .

E. Perry Sp i n k .......................................................................................................................................................... 1969Chairman o f the Board, L iberty N ational Bank and Trust Com pany, Buffalo, N .Y .

MEMBER OF FEDERAL A D V ISO R Y COUNCIL

George S. M oore ...................................................................................................................................................... 1968Chairm an o f the Board, F irst N ational C ity Bank, New York, N .Y .

29


OFFICERS

A lfr e d H ayes, President W illia m F . T reiber, First Vice President

H a ro ld A. B ilb y , Vice President and Senior Adviser

W illia m H. B raun , Jr., Vice President Administrative Services

J o h n J. C la rk e , Vice President and Special Legal Adviser Payments Mechanism and

Communications DevelopmentC h a r le s A. Coombs, Vice President

Foreign

F e lix T. Davis, Vice President Government Bond and Safekeeping

of SecuritiesP eter F ou sek , Vice President

Personnel

G eorge G arvy, Economic AdviserE dw ard G. Guy,Vice President and

General Counsel

M arcu s A . H a rris , Vice President Cash and Collections

A la n R. H olm es, Vice President Open Market Operations and

Treasury IssuesR ob ert G. L in k , Vice President

Research and Statistics B ru ce K . M acL a u ry , Vice President

ForeignSpencer S. M a rsh , J r., Market Adviser F red W . P iderit , Jr., Vice President

Bank Supervision and Relations P e te r D. S te r n lig h t , Vice President

Open Market Operations and Treasury Issues

T hom as M. T im len , Jr., Vice President Loans and Credits; Personnel

T hom as 0 . W aage, Vice President Public Information; Foreign

T hom as C. S loa n e , Assistant General Counsel

David E . B odner Assistant Vice President Foreign

A. T hom as Combader Assistant Vice President Administrative Services (Building Operating Dept.)

R ob ert J. C ro w le y Assistant Vice President Foreign

R ich a rd G. Davis Assistant Vice President Research and Statistics

E dw ard J. Geng Assistant Vice President Open Market Operations and Treasury Issues

P e te r P. Lang Adviser Foreign

W illia m E. M arp le Assistant Vice President Loans and Credits

M ad elin e H. M cW h in n ey Assistant Vice President Research and Statistics (Statistics Department)

P a u l M eek Assistant Vice President Open Market Operations and Treasury Issues

D on a ld C. N ile s Assistant Vice President Administrative Services (Computer Services Dept.)

E v e re t t B. P o st Assistant Vice President Administrative Services (Accounting, Management Information, and Planning Departments)

L a w ren ce E. Q u ackenbu sh Assistant Vice President Bank Supervision and Relations

K e n n e th E. S m a ll Assistant Vice President Cash and Collections (Cash and Cash Custody Departments)

F red er ick L. S m edley Assistant Vice President Government Bond and Safekeeping of Securities

G eorge C. S m ith Assistant Vice President Cash and Collections (Check and Collection Depts.)

R obert C. T h o m an ,Assistant Vice President Bank Supervision and Relations

30


OFFICERS— Continued

J o h n T . A r n o ld , Manager Foreign Department

I rv in g M . A u e r b a c h , Manager Statistics Department

Gerald E . B e a c h , Manager Accounting Department; Management Information Department

L eon a rd I . B e n n e t t s , Manager Cash Custody Department; Collection Department

Louis J . B rendel, Manager Planning Department

R obert L . Co o p e r , Manager Acceptance Department; Securities Department

J o se p h R . C o yleSecurities Trading Officer

H o w ar d F . C r u m b , Manager Computer Services Department

R ic h a r d A . D e b s , Secretary, and Assistant Counsel

F re derick W . D e m in g , Manager Securities Department

A d am R . D ic k , ManagerBank Relations Department

M a t t h e w C. D r e xle r , Manager Building Operating Department

K a r l L . E ge, Manager Check Department

E d n a E . E h r l ic h Senior Economist

M a r t in F r e n c h , Manager Government Bond and Safekeeping Department

F r e de rick L . F r e y Chief Examiner

R a l p h H . Gelder , Manager Personnel Department

R ic h a r d H . H o e n ig , Manager Public Information Department

F red H . K l o p s t o c k , Manager International Research Department

L eo n a rd L a p id u s , Manager Bank Examinations Department

R obert M e y e r

Assistant Counsel

A r t h u r H . N o a , Manager Service Department

J a m e s H . Ol t m a n , Manager Bank Examinations Department, and Assistant Secretary

Sc o tt E. P a rdee , Manager Foreign Department

E d w in R . P o w e r s , Manager Foreign Department

C h a r l e s R . P r ic h e r , Manager Cash Department

A . M a r s h a l l P u c k e tt Senior Economist

F r a n c is H . R o h r b a c h , Manager Personnel Department

E d w in S. R o t h m a n , Manager Foreign Department

H erbert H . R u e ss , Manager Credit and Discount Department

W a lte r S. R u s h m o r e , Manager Savings Bond Department

F rederick C. Sc h a d r a c k , J r . ManagerDomestic Research Department

B e t t y J e a n S h e a Assistant Counsel

B e n j a m in S t a c k h o u s e , Manager Bank Examinations Department

A l o y s iu s J . S t a n t o n , Manager Security Custody Department

P h il ip V a n Or m a n

Assistant Counsel

R obert Y o u n g , J r .Assistant Counsel

J o h n P . J e n s e n , General Auditor W il l ia m M . Sc h u l t z , Assistant General Auditor

OFFICERS • BUFFALO BRANCHA ngu s A . M a c I n n e s , J r ., Vice President

J o h n T. K e a n e , Assistant Vice President and Cashier

H ar r y A. C u r t h , J r ., Assistant Cashier Bank Relations, Public Information, Collection, Loans, and Fiscal Agency

R on ald B. Gr a y , Assistant CashierAccounting, Check, and Computer Services

Gerald H . G re en e , Assistant Cashier Building Operating, Cash, Emergency Planning, and Protection

A r t h u r A . R a n d a l l , Assistant Cashier Personnel and Service

31


Documents

Federal Reserve Bank of New York Circular Series circulars/1968... · Head Office ♦ 33 Liberty Street Federal Reserve P. 0. Station New York, N.Y. 10045 212-732-5700 Branch ♦