View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

F E D E R A L R E SE R V E BANK
OF NEW YORK

r Circular N o. 3 5 3 4 "1
L February 1, 1950 J

REVISION OF BUFFALO BRANCH TIME SCHEDULE

To the M em ber and N onm em ber Clearing Banks
o f the Second Federal Reserve D istrict:

W e transmit herewith a copy of our revised Operating Circular No. 6, entitled
“ Buffalo Branch Time Schedule” , effective today.

The revision provides fo r one day

earlier availability for deferred-credit cash items received and accepted at our Buffalo
Branch and payable in Federal Reserve Bank and Branch cities as follow s:
From two calendar days to on e calendar day a fter receip t

Atlanta
Baltimore
Birmingham
Charlotte
Cincinnati
Dallas

Denver
Louisville
Memphis
Minneapolis
Nashville

Oklahoma City
Omaha
Richmond
St. Louis
St. Paul

From th ree to tw o calendar days a fter receip t

Jacksonville
Los Angeles

New Orleans
San Francisco

Seattle

The maximum deferment for cash items received and accepted at our Buffalo Branch
and payable in all other Federal Reserve Bank and Branch cities is now two calendar days.
Additional copies of the revised operating circular will be furnished upon request.




A

llan

S proul,

President.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102