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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.