I think the man is called Mason, and sorry: I think you are your method is wrong.
Now, if you number the points from x to y: 1 . . 6, the transfer function from 1 to 2 seems to be 1. But later you will have a problem with the W4 from 1 to 3. You must move this W4 connection from 1-3 to 1-2. You can do this if you substitute the W4 by W4/W1, so that the new 1-2 function becomes 1 + W4/W1.
In the same way you must move the W5 function from 3-5 to 4-5, so that the new 4-5 function becomes
1 + W5/W2. So now the 2-3 and 3-4 loops in series have been made nice and clean.
You will have to do some more movements, to unfasten the loops, but I hope you understand the "system". Having done so, the rest of the problem is Mason's.