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FE D E RA L R E SE R V E BANK OF NEW YORK Circular X o . ! } 6 0 2 "1 O ctober 13, 1950 J [ Lifting of Railway Express Embargo on Shipments of Coin to This Bank To all Member and Nonmember Banks in the Second Federal R eserve D istrict: In our Circular No. 3593, dated September 25,1950, we advised you that, in view of tlie embargo imposed by the Railway Express Agency, Inc., on all express ship ments consigned to and from New York City and vicinity, shipments of coin should be sent to us by insured, fourth class mail, during the period o f the embargo. The Railway Express Agency, Inc., has now informed us that, effective today, express service will again be available. Accordingly, you should now resume send ing to us coin, by express, charges collect, pursuant to the provisions o f paragraph 11 of our Operating Circular No. 3, Revised September 23, 1949, entitled “ Paper Currency and Coin.” A llan S proul, President.