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F E D E R A L R E S E R V E BANK OF NEW YORK f Circular No. 4 0 0 0 "1 I April 19.19S4 J Daylight Saving Time To all Banks and Trust Companies in the Second Federal Reserve District and Others Concerned: Daylight Saving Time will be effective in the cities of New York and Buffalo, New York, during the period from 2 a.m. on Sunday, April 25, 1954, to 2 a.m. on Sunday, September 26, 1954. During this period local time in the cities of New York and Buffalo, New York, will be one hour in advance of Eastern Standard Time; this Bank will operate on local time. A llan S proul, President.