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FEDERAL RESERVE BAWK OF MEW YORK [ Circular No. 10,077 August 29, 1986 NEW TELEPHONE SYSTEM FOR. THIS BANK Effective September 6, 1986 To All Depository Institutions, and Others Concerned, in the Second Federal Reserve District: Effective Septem ber 6, 1986, the Head Office of the Federal R eserve B ank of New York will have a new telephone system . The B ank’sp resen t 791 exchange will change to 720; however, m ost direct-dialed extensions (the last fo u r digits) will remain unchanged. Once the conversion to the new system occurs, recordings will be in place inform ing those who dial the old 791 exchange o f the new 720 exchange. In addi tion, new Organization/Telephone and Telephone Inquiry D irectories, reflecting the new num bers, are being prepared and will be sent to you shortly. The B ank’s operators may be reached at 212-720-5000. In an em ergency situation, if you can not reach an appropriate Bank officer, please call Central W atch at 212-720-5106. The telephone num bers for the other offices of this Bank will not be affected by this change. E. G erald Corrigan, President.