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F ederal reserve Bank o f Dallas
D ALLAS, T EX A S

75222

Circular No. 67-190
September 22, 19^7

To All Banks in the
Eleventh Federal Reserve District:

The disruption of transportation and communication
in the wake of Hurricane Beulah has prevented the collection
of cash and noncash items involving a large number of banks
served by the San Antonio Branch, as well as some banks in the
Houston Branch territory. Delays in presentment, payment,
returns, notices of dishonor, and protest may affect items
received by the San Antonio Branch possibly as early as
September 15 and by the Houston Branch as early as September 16.
The disaster area roughly encompasses that section of the state
south of a line from Laredo on the west to a point 30 miles
south of San Antonio to Freeport on the Gulf of Mexico.
Present indications are that normal banking activities
will continue to be disrupted through Monday, September 25, and
possibly later with respect to the lower Rio Grande area.
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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