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Federal reserve Bank OF DALLAS Dallas, Texas, September 8, 1945 To the M em ber and N onm em ber Clearing Banks o f the Eleventh Federal R eserve D istr ic t: There is enclosed revised page 9 of our Bulletin No. 8 relating to the collection of cash items. This page, representing the time schedule of avail ability, will become effective September 10, 1945. The principal changes made therein are the elimination of certain banks located in outlying sec tions of the head office and branch cities or in cities contiguous thereto, which are collectible by mail. A list of such banks, together with those added since our previous time schedule, is also enclosed. A further change has been made in the schedule of the head office, which increases the defer ment on Oklahoma City items from one to two days. The time schedules of the branches at El Paso, Houston and San Antonio reflect an increase of from two to three days deferment on Oklahoma City items. The revised page and list of banks in outlying sections and in contiguous cities should be inserted in the ring binder containing bulletins of this bank and the Regulations of the Board of Governors of the Federal Reserve System, in lieu of the corresponding page dated June 1, 1943. Yours very truly, R. R. GILBERT President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) — 9— BULLETIN NO. 8 HEAD OFFICE FEDERAL RESERVE BANK O F DALLAS TIM E SCHEDULE E ffective September 10, 1945 A vail ability (Superseding Time Schedule dated June 1, 1943) F ob F ollowing D escribed I tems ^Dallas Fort Worth— (Limited to bank drafts drawn on Fort Worth member banks which are payable to the order of this bank or its branches.) Government checks and warrants drawn on the Treasurer o f the United States. Im m ediate Government checks and warrants drawn on the Treasurer of the United Credit States payable through a Federal Reserve bank. Drafts on Federal Reserve Bank of Dallas and its branches; subject to inspection and verification of signatures at the head office or branch on which they are drawn. Cashier’s checks and expense checks of all Federal Reserve banks and branches. Federal Reserve Exchange Drafts. 1 Business Day A fter Receipt ^Houston *San Antonio Little Rock All items drawn on par banks in head office territory, except those de scribed under Immediate Credit Division hereof. Also, items drawn on par banks in the following cities: 2 *El Paso Cleveland Nashville * * Business Atlanta Denver Oklahoma City * * * Days After Birmingham Kansas City Pittsburgh R eceipt Chicago Louisville St. Louis Cincinnati Memphis 3 ** Business * * "Days After R eceipt All other items drawn on par banks located within the continental United States. v * Except items drawn on par banks in contiguous cities or on certain outlying banks.within the cities indicated which are collected by mail. A list of such banks will be furnished upon request. **Credit for items payable in other Federal Reserve bank and branch cities, when received in separate letters, will be deferred on a calendar day basis when the items are in transit to banks in those cities on a Sunday or a holiday. ♦♦^Deferred credit for a member or nonmember clearing bank’s own draft on its commercial bank correspondent will be based on the transit time normally required to effect collection. CLOSING HOURS Central Time......................... 10:00 A. M. (D a ily).............Items drawn on banks in Dallas, other than the Federal Reserve Bank, for which immediate credit is given according to this schedule. 10:30 A. M.............................Bank drafts drawn on Fort Worth member banks which are (Saturday 10:00 a, m.) payable to the order of this bank or its branches. 11:00 A. M ........................... .Government checks and warrants drawn on the Treasurer of (Saturday 10:00 a. m.) the United States and Government checks and warrants drawn on the Treasurer of the United States payable through a Federal Reserve bank. ^ 12:00 M ............................... Miscellaneous items of one or more days deferred availability (Saturday 11:00 a. m.) according to this schedule. (Except that miscellaneous items of $500 or more will be received up to 1 :00 P. M. on Saturday and 2:30 P. M. on other days when listed in separate letters containing only such items.) 2:00 P. M .............................Cashier’s checks and expense checks of all Federal Reserve (Saturday 1 :00 p. m.) banks and branches. Drafts on Federal Reserve Bank of Dallas or its branches. __________________________ Federal Reserve Exchange Drafts.________________________ This schedule supersedes all previous schedules and is subject to change without notice. — 9— BULLETIN NO. 8 (Superseding Time Schedule Dated June 1, 1943) EL PASO BRANCH FEDERAL RESERVE BANK OF DALLAS TIM E SCHEDULE Effective September 10, 1945 A vailability Im m ediate Credit F or F ollowing D escribed I tems ♦El Paso Government checks and warrants drawn on the Treasurer of the United States. Government checks and warrants drawn on the Treasurer of the United States payable through a Federal Reserve bank. Drafts on Federal Reserve Bank of Dallas and its branches; subject to inspection and verification of signatures at the head office or branch on which they are drawn. Cashier’s checks and expense checks o f all Federal Reserve banks and branches. Federal Reserve Exchange Drafts. All items drawn on par banks in El Paso Branch territory, except those described under Immediate. Credit division hereof. Also, items drawn on par banks in the following cities: 2 ♦Dallas ♦♦Business •♦♦Days A fter ♦Houston ♦San Antonio R eceipt Fort Worth 3 ♦♦Business ♦ * *Days After R eceipt Denver Kansas City Little Rock Memphis St. Louis ) Limited to bank drafts drawn on Fort Worth member (banks which are payable to the order of ourselves. All other items drawn on par banks located within the continental United States. ♦Except items drawn on par banks in contiguous cities or on certain outlying banks within the cities indicated which are collected by mail. A list of such banks will be furnished upon request. ♦♦Credit for items payable in other Federal Reserve bank and branch cities, when received in separate letters, will be deferred on a calendar day basis when the items are in transit to banks in those cities on a Sunday or a holiday. ♦♦♦Deferred credit for a member or nonmember clearing bank’s own draft on its com mercial bank correspondent will be based on the transit time normally required to effect collection. CLOSING HOURS Mountain Time.................... 9:45 A. M............................ Items drawn on banks in El Paso, other than the Federal (Saturday 9:00 a. m.) Reserve Bank Branch, for which immediate credit is given according to this schedule. 11:00 A. M .............................Government checks and warrants drawn on the Treasurer of (Saturday 10:00 a. m.) the United States and Government checks and warrants drawn on the Treasurer of the United States payable through a Federal Reserve bank. 12:00 M................................ Miscellaneous items of one or more days deferred ability (Saturday 11:00 a. m.) according to this schedule. (Except that miscellaneous items o f $500 or more will be received up to 12:00 M. on Saturday and 2 :00 P. M. on other days when listed in separate letters containing only such items.) 2:00 P. M............................. Cashier’s checks and expense checks of all Federal Reserve (Saturday 12:00 M.) banks and branches. Drafts on Federal Reserve Bank o f Dallas or its branches. ______________________ Federal Reserve Exchange Drafts.______________________ This schedule supersedes all previous schedules and is subject to change without notice. — 9— BULLETIN NO. 8 (Superseding Time Schedule Dated June 1, 1943) HOUSTON BRANCH FEDERAL RESERVE BANK OF DALLAS TIME SCHEDULE Effective September 10, 1945 A vailability F or F ollowing D escribed I tems ^Houston Government checks and warrants drown on the Treasurer of the United States. Government checks and warrants drawn on the Treasurer of the United States payable through a Federal Reserve bank. Immediate Drafts on Federal Reserve Bank of Dallas and its branches; subject Credit to inspection and verification of signatures at the head office or branch on which they are drawn. Cashier’s checks and expense checks of all Federal Reserve banks and branches. Federal Reserve Exchange Drafts. 1 Business Day After Receipt ^Dallas Fort Worth *San Antonio i Limited to bank drafts drawn on Fort Worth member ( banks which are payable to the order of ourselves. All other items drawn on par banks in Houston Branch territory, except those described under Immediate Credit division hereof. Also, items drawn on par banks in the following cities: 2 ** Business *E1 Paso * * *Days After Atlanta Receipt Birmingham Charlotte Chicago Cincinnati Kansas City Little Rock Louisville Memphis Nashville New Orleans St. Louis 3 * *Business ***Days After Receipt All other items drawn on par banks located within the continental United States. ^Except items drawn on par banks in contiguous cities or on certain outlying banks within the cities indicated which are collected by mail. A list of such banks will be furnished upon request. **Credit for items payable in other Federal Reserve bank and branch cities, when received in separate letters, will be deferred on a calendar day basis when the items are in transit to banks in those cities on a Sunday or a holiday. ***Deferred credit for a, member or nonmember clearing bank’s own draft on its com mercial bank correspondent will be based on the transit time normally required to effect collection. CLOSING HOURS Central Time........................ 10:00 A. M. (D aily)........... Items drawn on banks in Houston, other than the Federal Reserve Bank Branch, for which immediate credit is given according to this schedule. 11:00 A. M .............................Government checks and warrants drawn on the Treasurer of (Saturday 10:00 a. m.) the United States and Government checks and warrants drawn on the Treasurer of the United States payable through a Federal Reserve bank. ^ 12:00 M................................ Miscellaneous items of one or more days deferred availability (Saturday 11:00 a. m.) according to this schedule. (Except that miscellaneous items of fSOO or more will be received up to 1:00 P. M. on Saturday and 2 :30 P. M. on other days when listed in separate letters containing only such items.) 2:00 P. M.............................Cashier’s checks and expense checks of all Federal Reserve (Saturday 1:00 p. m.) banks and branches. Drafts on Federal Reserve Bank of Dallas or its branches. __________________________ Federal Reserve Exchange Drafts.________________________ This schedule supersedes all previous schedules and is subject to change without notice. — 9— BULLETIN NO. 8 (Superseding Time Schedule Dated June 1, 1943) SAN ANTONIO BRANCH FEDERAL RESERVE BANK OF DALLAS TIM E SCHEDULE Effective Septem ber 10, 1945 A vailability Im m ediate Credit 1 Business D ay After R eceipt 2 ♦*Business ♦♦♦Days A fter R eceipt 3 * * Business ♦♦♦Days After R eceipt F or F ollowing D escribed I tems ♦San Antonio Government checks and warrants drawn on the Treasurer of the United States. Government checks and warrants drawn on the Treasurer of the United States payable through a Federal Reserve bank. Drafts on Federal Reserve Bank of Dallas and its branches; subject to inspection and verification of signatures at the head office or branch on which they are drawn. Cashier’s checks and expense checks of all Federal Reserve banks and branches. Federal Reserve Exchange Drafts. ♦Dallas Fort Worth *Houston 1Limited to bank drafts drawn on Fort Worth member ( banks which are payable to the order of ourselves. All items drawn on par banks in San Antonio Branch territory, except those described under Immediate Credit division hereof. Also, items drawn on par banks in the following cities: ♦El Paso Kansas City Little Rock Memphis St. Louis All other items drawn on par banks located within the continental United States. ♦Except items drawn on par banks in contiguous cities or on certain outlying banks within the cities indicated which are collected by mail. A list of such banks will be furnished upon request. ♦♦Credit for items payable in other Federal Reserve bank and branch cities, when received in separate letters, will be deferred on a calendar day basis when the items are in transit to banks in those cities on a Sunday or a holiday. ♦♦♦Deferred credit for a member or nonmember clearing bank’s own draft on its com mercial bank correspondent will be based on the transit time normally required to effect collection. CLOSING HOURS Central Time........................ 10:30 A. M.............................Items drawn on banks in San Antonio, other than the Federal (Saturday 10:00 a. m.) Reserve Bank Branch, for which immediate credit is given according to this schedule. 11:00 A. M.............................Government checks and warrants drawn on the Treasurer of (Saturday 10:00 a. m.) the United States and Government checks and warrants drawn on the Treasurer of the United States payable through a Federal Reserve bank. 12:00 M................................Miscellaneous items of one or more days deferred availability (Saturday 11:00 a. m.) according to this schedule. (Except that miscellaneous items o f $500 or more will be received up to 1 :00 P. M. on Saturday and 3 :30 P. M. on other days when listed in separate letters containing only such items.) 2:00 P. M.............................Cashier’s checks and expense checks of all Federal Reserve (Saturday 1 :00 p. m.) banks and branches. Drafts on Federal Reserve Bank of Dallas or its branches. __________________ Federal Reserve Exchange Drafts. This schedule supersedes all previous schedules and is subject to change without notice. R e s e r v e f e d e r a l B a n k OF DALLAS September 10,1945 The following par banks are located in outlying sections of the head office or branch city indicated or in contiguous cities. Items drawn on such banks are collected by mail and are therefore subject to deferred credit. Please do not list such checks in the same letter with city checks or other items of immediate availability. D allas T erritory N am e o f Bank Location Highland Park State Bank (Highland Park) Hillcrest State Bank (University Park) Dallas, Texas Dallas, Texas H ouston T erritory Harrisburg National Bank Heights State Bank South Main State Bank The Industrial State Bank of Houston University State Bank Houston, Texas Houston, Texas Houston, Texas Houston, Texas Houston, Texas San A n tonio T erritory Broadway National Bank of Alamo Heights Harlandale State Bank National Bank of Fort Sam Houston Union State Bank Alamo Heights, Texas San Antonio, Texas San Antonio, Texas South San Antonio,7Texas This list is subject to change without notice.
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