Show PL PlAN FO FOR RESERVE BANKS IS APPROVED W WASHINGTON Feb G. G The G. The plan which the the- Washington tou Clearing association has bas approved for tho the system system tem tom of federal reserve banks hanK to be he established established es es- under tho tIto o new currency law wore forwarded to the tilt federal reserve roseno organization committee today Washington Wash Wash- ington ington is name named as the headquarters for forne forone forone one ne of the first pi eight ht districts and four additional districts ar are aro al also o named in i order of preference ucc in ill the event that more than eight federal reserve e banks hanks are re created I Tho The twelve t cities recommended c are New York with surplus and capital of national banks of and ca cantal cap can ital tal for a regional bank ban z of Washington with anc and and respectively ely Chicago o an and Boston and St. St Louis Louts DO- DO an and 5 San Francisco 11 anti and Atlanta and Denver Denvor and aud Cincinnati sl and Kau Kansas Kausas qty City ity and Pittsburg j and and Minneapolis with with capital capi capi- tal al and surplus in iu the national banks of f the district and Bud of capital fur for a re regional ional bank The capital capita of or state banks bank aud and trust companies t that at night might come cume into the system are not included in the 1 figures sl submitted |