In the 1920 hull designation system, of the Third Class Cruisers the fast Scout Cruisers became Light Cruisers (CL), and the slower New Orleans and Denver-class "peace cruisers" were reclassified Patrol Gunboats (PG).
On 8 August 1921 the system was revised; the surviving protected cruisers (except for the "semi-armored" St Louis class) and the peace cruiser/patrol gunboats were all grouped with the scout cruisers as Light Cruisers (CL).
Source: List of cruisers of the United States Navy on Wikipedia, the free encyclopedia