Documents nycirc_1977_08122a.pdf

$ 7 2 . 1 . F e d e r a l R e s e r v e Ba n k of N ew Yo r k N e w Y o r k , N.Y. 1 0 0 4 5 AREA CODE 212 791-5000 May 2 3 , 1977 A p p l i c a b i l i t y o f R e g u la…

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1 - EDITORIAL. SATURDAY MIGHT. By a n c i e n t custom, S a t u r d a y n i g h t i s the n i g h t when men r e l a x from th e a r d o u r s of t h ^ i r week's work,…