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 sP 0 B O X 4 4 2

S t . L o u i s 6 6 , M i s s o u r i

A u g u s t 27, 1959

T o A l l B a n k s i n the E ig h t h F e d e r a l R e s e r v e D i s t r i c t :

W e have b e e n a d v is e d by the B o a r d 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 S y s te m th a t i t has ta k e n th e f o l l o w in g a c t io n :

In v ie w o f th e a d m is s i o n o f H a w a i i to s ta te h o o d , as a r e s u l t o f the is s u a n c e o f th e P r e s i d e n t ' s p r o c la m a t i o n o f A u g u s t 21, 1959, i n a c c o r d a n c e w i t h th e p r o v i s i o n s o f the A c t o f M a r c h 18, 1959 (7 3 S ta t . 4 ), a n d , a c t in g p u r s u a n t to S e c t io n 17 o f t h a t A c t , the B o a r d 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 S y s te m has r e a d ­ju s t e d th e F e d e r a l R e s e r v e D i s t r i c t s so as to in c lu d e th e S ta te o f H a w a i i i n th e T w e l f t h F e d e r a l R e s e r v e D i s t r i c t , e f f e c t i v e A u g u s t 21, 1959 . W i t h i n the T w e l f t h D i s t r i c t th e S ta te o f H a w a i i w i l l be in c lu d e d in th e zone s e r v e d b y th e H e a d O f f i c e .

S in c e th e a d m is s i o n o f H a w a i i to s ta te h o o d has r e n d e r e d in a p p r o p r i a t e c e r t a i n la n g u a g e in th e B o a r d ' s R e g u la t io n s E , G , H , I , J , L , a n d U , the B o a r d h a s a ls o a c te d to a m e n d th o s e r e g u la t i o n s i n th e f o l l o w in g r e s p e c t s , e f f e c t i v e o n A u g u s t 21, 1959:

R e g u la t i o n E , S e c t io n I I , P a r a g r a p h 2, i s a m e n d e d b y e l i m i n a t ­in g t h e r e f r o m th e w o r d s " c o n t i n e n t a l U n i t e d S ta te s " a n d s u b ­s t i t u t i n g t h e r e f o r th e w o r d s " s t a t e s o f th e U n i t e d S ta te s a n d the D i s t r i c t o f C o lu m b i a " .

R e g u la t i o n G is a m e n d e d b y e l im in a t i n g f r o m F o o tn o te 1 t h e r e o f th e w o r d s " H a w a i i " a n d " P u e r t o R i c o " an d b y s u b s t i t u t in g f o r th e w o r d s " c o n t i n e n t a l U n i t e d S t a t e s " th e w o r d s " s t a t e s o f the U n i t e d S ta te s a n d th e D i s t r i c t o f C o lu m b i a " . T h e " d e s ig n a t io n s o f F e d e r a l R e s e r v e D i s t r i c t s f o r b a n k s i n t e r r i t o r i e s , d e p e n d ­e n c ie s , e tc . " i s s u e d p u r s u a n t to F o o tn o te 1 o f R e g u la t io n G i s f u r t h e r a m e n d e d by d e le t in g the p a r a g r a p h r e f e r r i n g to H a w a i i .

R e g u la t i o n H i s a m e n d e d b y e l im in a t i n g f r o m F o o tn o te 1 t h e r e o f th e w o r d s " c o n t i n e n t a l U n i t e d S t a t e s " a n d s u b s t i t u t in g t h e r e f o r th e w o r d s " s t a t e s o f th e U n i t e d S ta te s a n d th e D i s t r i c t o f C o lu m b ia " .

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R e g u la t io n I i s a m e n d e d b y e l im in a t i n g f r o m F o o tn o te 1 t h e r e o f th e w o r d s " c o n t in e n t a l U n i te d S ta te s " a n d s u b s t i t u t in g t h e r e f o r th e w o r d s " s t a t e s o f the U n i t e d S ta te s an d the D i s t r i c t o f C o lu m b ia " .

R e g u la t io n J i s a m e n d e d b y e l im in a t i n g f r o m F o o tn o te 1 t h e r e o f th e w o r d s " H a w a i i " a n d " P u e r t o R i c o " and b y s u b s t i t u t in g f o r th e w o r d s " c o n t i n e n t a l U n i te d S ta te s " the w o r d s " s t a te s o f the U n i t e d S ta te s a n d th e D i s t r i c t o f C o lu m b ia " . T h e " d e s ig n a t io n o f F e d e r a l R e s e r v e D i s t r i c t s f o r b a n k s in t e r r i t o r i e s , d e p e n d e n c ie s , e tc . " i s s u e d p u r s u a n t to F o o tn o te 1 o f R e g u la t io n J i s f u r t h e r a m e n d e d b y d e le t in g th e p a r a g r a p h r e f e r r i n g to H a w a i i .

R e g u la t io n L is a m e n d e d b y e l im in a t i n g f r o m F o o tn o te 3(B) t h e r e ­o f th e w o r d s " t h e P h i l i p p i n e I s l a n d s " a n d " H a w a i i , " .

R e g u la t io n U, S e c t io n 221. 2 ( I) i s a m e n d e d by e l im in a t i n g t h e r e ­f r o m th e n u m b e r " 4 9 " .

T o c o n f o r m w i t h th e fo r e g o in g c h a n g e s i n R e g u la t io n s G an d J o u r O p e r a t in g L e t t e r N o . 8, C o l l e c t i o n o f N o n c a s h I t e m s , a n d o u r O p e r a t in g L e t t e r N o . 9, C o l l e c ­t i o n o f C a s h I t e m s , a r e a m e n d e d , e f f e c t i v e A u g u s t 21, 1959, b y e l im in a t i n g f r o m fo o tn o te n u m b e r " 1 " on e a c h o p e r a t in g l e t t e r th e w o r d s " H a w a i i " and " P u e r t o R i c o " a n d by s u b s t i t u t i n g f o r th e w o r d s " c o n t i n e n t a l U n i t e d S ta te s " the w o r d s " s t a t e s o f th e U n i t e d S ta te s a n d the D i s t r i c t o f C o lu m b ia " .

A m e n d m e n ts to th e R e g u la t io n s a n d o u r O p e r a t in g L e t t e r s 8 and 9 a r e b e in g p r i n t e d a n d w i l l be m a i l e d to y o u i n th e n e a r f u t u r e .

D E L O S C . J O H N SP r e s id e n t

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