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FE D E R AL R ESER VE BANK
OF DALLAS

Dallas, Texas, March 21, 1986

To the Member or Nonmember
Clearing Bank Addressed:

W e have today received a telegram from the Federal Reserve Bank of
New York, reading as follows:
“ Train and bus service in New York State has been considerably
delayed. Therefore mail schedules cannot be maintained and cash items
received by us on March 17 and thereafter are being credited accord­
ing to our published time schedule, subject to the right of this bank
to charge back to you any unpaid items at any time.”
Please be advised that cash items payable in the Second Federal
Reserve District received by us or sent direct by member banks are being
credited according to our published time schedule, subject to right to
charge back to you at any time any such items that are unpaid.

Yours very truly,
b. a.

McKi n n e y ,
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)