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F ed er a l r es e r v e Ban k O F DALLAS Dallas, Texas, August 9, 1961 To All Banks in the Eleventh Federal Reserve District: Another survey of one day’s volume of checks handled at the four offices o f this bank was made to determine the number of checks that are preprinted in conformity with the Magnetic Ink Character Recognition Program of the American Bankers Association. The following tabulation shows the results of the survey: Office N um ber o f Checks Surveyed N um ber o f Checks C onform in g Percentage o f C onform ity Dallas City Country 48,338 223,667 21,987 54,925 45.49 24.56 El Paso City Country 9,081 33,860 2,305 7,952 25.38 23.48 Houston City Country 18,957 122,513 4,605 33,087 24.29 27.01 San Antonio City Country 22,471 103,595 2,169 14,242 9.65 13.75 Since our last survey in May 1961, the conformity ratio increased 5.91 per centage points for city checks and 9.21 percentage points for country checks. The number of banks participating in the program continues to increase satisfactorily. Banks will be informed periodically as to the progress made in this district. 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)
@FedFRASER