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Fe d e r a l R e ser v e

bank of

Da lla s

D A L L A S 13, T E X A S

October 4, 1946

To the Bank Addressed:
The Port City State Bank, Houston, Texas, a
newly organized, par, nonmember bank located in the
territory served by the Houston Branch, has notified us
that it will open for business on October 4.

We are

informed that checks drawn on the new institution, when
received for collection as cash items by the Federal
Reserve Bank Branch of Houston, will be handled on an
immediate credit basis under the terms of our current
bulletin on Transit Operations.
This addition will be reflected in our October,
1946 Federal Reserve Par List.

FEDERAL RESERVE BANK OF DALLAS

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