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FE D E R A L R ESER VE BANK
O F NEW YORK

fir ctfc
May 16, 1977

SETTLEMENT OF ARMORED CARRIER STRIKE

To All Banking Offices in the Second Federal Reserve
District That Deposit and Withdraw Currency and
Coin at the Head Office:
As you may know, a contract settlement has "been reached "between
the union and the armored carrier companies that provide transportation
services for this Bank in connection with shipments of currency and coin.
Accordingly, armored carrier service between this Bank and banks in the
New York metropolitan area, Long Island, and New Jersey resumed today.
We appreciate your cooperation in helping to maintain adequate
supplies of currency and coin in circulation during the strike.
If any questions arise with regard to resumption of service please
call Joseph Botta, Chief, Cash Administration Division (Tel. No. 212-791-50^6)
or John Chowansky, Manager, Cash Department (Tel. No. 212-791-50^9).




P aul A. V olcker,

President.