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:Board is' releasing for pubUcation in papers tomorrow morning August 7.th following azmoUDCement Which it is suggested you. mdte t>U911c ~t SEW£ thue in your district. "The Federal Reserve :Board announces the resignation, effective Septe~ber 1st, at Mr. J .A. :Broderick, Who has been Chief of the Division of Audit and Examination since the organization of the Board in 1914, and who bas, since SeptellJber 1, 191S, been secretary of the Federal Reserve Board. Mr. Broderick resigna in order to becOUie a .Vice President of the National Bank of Comwerce 1n New York. '.l'he Board has no azmouzicement to maa &.s J&t as to Ml"• Broderick's successor. Mr· w.T •. Chapnan, A8Bistant secretary, will be ACting Secretary pending further action b7 the Board.• ·

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