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FED ERAL RE SER VE BANK OF D ALLAS F I S C A L A G E N T O F T H E U N IT E D S T A T E S Dallas, Texas, November 2, 1942 To All Banking Institutions, and Others Concerned, in the Eleventh Federal Reserve District: The Secretary of the Treasury has issued the following public interpreta tion: “PUBLIC INTERPRETATION NO. 8 UNDER EXECUTIVE ORDER NO. 8889 of April 10, 1940, as amended, and regulations issued pursuant thereto, relating to Foreign Funds Control. Inquiry has been made as to whether remittances may be sent to German or Italian prisoners of war in Australia pursuant to General License No. 32. The Treasury Department has replied th at General License No. 32 does not authorize remittances to enemy prisoners of war in any foreign country. J. W. PEHLE Assistant to the Secretary” Yours very truly, R. R. GILBERT President 'TORY BUY UN ITED STATES WAR BONDS AND STAMPS This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) —9— B U L L E T IN No. 8 (Superseding Time Schedule dated May 1,1942) HEAD OFFICE FEDERAL RESERVE BANK OF DALLAS TIME SCHEDULE Effective November 16, 1942 A vailability F or F ollowing D escribed I tems Dallas— (Except Highland Park and University Park.) F ort Worth— (Limited to bank drafts drawn on F ort W orth member banks which are payable to the order of this bank or its branches.) Government checks and warrants drawn on the Treasurer of the United States. _ W ork Relief checks drawn on the Treasurer of the United States pay able through the Federal Reserve Bank of Dallas. _ Immediate D rafts on Federal Reserve Bank of Dallas and its branches; subject to Credit 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._______________________________ Houston ) Except items drawn on outlying banks in Houston and 1 San Antonio ( San Antonio as listed under three-day division. Business Kansas City New Orleans Day After Little Rock Oklahoma City Receipt Memphis_____________________________________________________ All items drawn on par banks in head office territory, except those described under Immediate Credit division hereof. Also, items drawn on par banks in the following cities: 2 El Paso Cleveland Nashville * Business Atlanta Denver Omaha * * Days After Birmingham Detroit Pittsburgh Receipt Charlotte Jacksonville St. Louis Chicago Louisville St. Paul Cincinnati___________Minneapolis_______________________________ Harrisburg National Bank, Houston, Texas. 3 University State Bank, Houston, Texas. * Business National Bank of Fort Sam Houston, Sail. Antonio, Texas. * * Days After All other items drawn on par banks located within the continental Receipt United States. ’•'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 bank’s own draft on its commercial bank correspondent will be based on the actual transit time in every instance. Central Tim e........................... CLOSING HOURS 10 :00 A.M. (D aily )............. Items drawn on banks in the city of Dallas. 10:30 A. M.............................. Bank drafts drawn on F ort W orth member banks which are (Saturday 10:00 a.m .) payable to the order of this bank or its branches. 12:00M ....................................W ork Relief checks drawn on the Treasurer of the United (Saturday 11:00 a.m .) States payable through the Federal Reserve Bank of Dallas. Miscellaneous items of one or more days deferred availability according to this schedule, and Government checks and war rants drawn on the Treasurer of the United States. (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, and that Government checks and warrants of $1,000 or more will be received up to 1 :00 P.M. on Saturday and 2 :00 P.M. on other days, when listed in separate letters containing only such items.) 2 :0 0 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.