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F ederal reser ve Ban k o f D allas
D ALLAS, T EX A S

75222

Circular No. 67-197
September 26, 1967

To All Banks in the
Eleventh Federal Reserve District:

Banking activities in the territory served by the
Houston Branch appear to have returned to normal, but flood
conditions in the southern portion of the San Antonio Branch
territory continue to delay the presentation, payment, return,
and notice of dishonor of items drawn on many banks in the
affected area. The area of difficulty roughly lies south of
a line from a point 50 miles south of Laredo north to a point
about 50 miles south of San Antonio down to Aransas Pass on
the Gulf.
Present indications are that normal banking activities
will continue to be disrupted through Friday, September 29, and
possibly later with respect to banks in Three Rivers, Raymondville, and certain other points in the lower Rio Grande Valley.
Yours very truly,
Watrous H. Irons
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


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