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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.