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F E D E R A L R ESER VE BANK OF Circular No. 3 Series o f 1924 DALLAS March 20, 1924. T R A N S IT O P E R A T IO N S TIME S C H E D U L E S O F A V A I L A B I L I T Y To the Member Bank Addressed: For your guidance in forwarding items for credit, under the terms of our current circular on Transit Operations, there will he found on the following pages time schedules of availability accorded items received at the Federal Reserve Bank of Dallas and its El Paso and Houston branches. Credit and availability are, in each instance, subject to our actual receipt of payment, as specified in our current circular on Transit Operations, Collection of Cash Items. These schedules supersede all previous schedules and are subject to change without notice. In order to expedite the forwarding of checks and to obtain prompt credit, member banks are requested to sort and list checks in separate letters in ac cordance with the divisions of these schedules. A notation should be placed on each letter, plainly indicating when the items included are expected to be avail able as reserve, such as “ immediate credit” , “ one day” , “ two days” , etc. Busi ness days only are to be counted in determining the availability date; for in stance, a letter containing two-day items received by us on Saturday within the hours designated in these schedules would be available the following Tuesday. Should a cash letter contain checks not sorted according to the time taken for collection, as shown by these schedules, credit for the total of the letter may be deferred, at our discretion, for a period sufficient to collect items of longest availability contained therein. Checks drawn on banks not located in a Federal reserve city but bearing upon their face a notation that they are payable at or receivable for immediate availability in a Federal reserve city will be accepted on the same basis as checks drawn on banks located in that city. Yours very truly, Governor. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) TIME S C H E D U L E — H E A D O F F IC E FOR ITEMS DRAWN ON POINTS IN- AVAILABILITY 11TH DISTRICT Immediate Credit OTHER DISTRICTS Dallas Cashier’s Checks and Expense Checks of all Federal Reserve Banks and Branches. ©United States Treasury Warrants. ©Matured Interest Coupons from United States Government Securities. 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. Drafts on members of Eleventh District Reserve City Clearing House, when stamped payable through Reserve City Clearing House. Oklahoma City Business Days After Receipt Business Days After Receipt Morgan Rice El Paso Kosse Temple Dallas Territory, the following places: Krum Mt. Pleasant Richardson Terrell Mt. Vernon Riesel (T exas) Decatur Grandview Lampassas Boyd Texarkana Mullin Lancaster Abbot *Brady Granger Ringgold Denison Thornton ’"Murchison Rio Vista Greenville *Leesburg Abilene Brandon Denton Tom Bean Nevada Groesbeck *Travis Allen *D’Hanis Leonard *Rochelle *Brashear *Hamilton Dodd City Lometa Newark *Rockdale Trenton Alma Brazos *New Dorchester Handley *Longview Rockwall Alvarado Troy Bremond Braunfels *Rogers Alvord Haslet *Lorena Trumbull Bridgeport Dublin *Newsome Anna Valley View *Brownwood Duncanville *Hebron Lott Rosebud *Annona Nocona Henrietta Mabank Rowlett Van Alstyne *Bruceville Eastland *Anson Malakoff *Normangee Royse City Venus Ector Hillsboro Burleson *Manor St. Jo Holland *Vickery Argyle Burlington *Eddy Palmer Arlington Honey Grove Mansfield Paradise Saltillo Waco Caddo Mills *Emhouse Marlin *Atlanta Howe San Antonio Waxahachie Calvert Paris *Emory *Marshall Sanger "Howland Aubrey *Carthage Park Weatherford Ennis Hubbard McGregor San Marcos West Cedar Hill Springs Austin Eustace *Avalon McKinney Santa Anna Whitesboro Everman *Hughes Pecan Gap Celeste Melissa Santo Pendleton Baird White wright Celina Farmersville Springs Meridian Petty Savoy *Wills Point *Bangs Chilton Hutchins Ferris Merit Scurry Windom Pilot Bardwell Cisco Floyd Irving Merkel Point Seagoville Wortham Barry Italy Forney Cleburne Mertens Plano Sherman Wylie Itasca Clifton Forreston Bartlett Mesquite Ponder Smithfield (Louisiana) *Beckville Collinsville Fort Worth *Jefferson Mexia Strawn ’"Pottsboro Shreveport Bellevue Frisco Joshua Comanche Midlothian *Streetman (Oklahoma) Frost *Powell Justin Bells Commerce Milford Achille Sulphur *Proctor Gainesville Kaufman Belton *Como Milsap *Bokchito Garland Keller Ranger Springs Ben Arnold Copperas *Durant *Mineola Georgetown Kemp Sunset Ben Franklin Cove Reagan *Gilmer Mingus Kenefic *Kempner Taylor Corsicana Red Oak Blooming Moody *Teague Godley Madill Rhome Crandall Grove Kerens Crawford Goldthwaite *Kilgore Blossom 1 Birmingham Little Rock Omaha Gordon Killeen Crowley Bonham 8 Chicago Memphis St. Louis *Cumby Grand *Kleburg Bowie B Kansas City New Orleans Prairie Kopperl *Boyce Dawson Dallas Territory, the following places: Cotulla *Brookston Goodnight Oklaunion (Texas) Kingsbury Maypearl Coupland Kirkland Addison Goree Buckholts McCaulley Omaha *Graham Covington *Kirven Alba Buda Memphis Osceola Albany Cresson Granbury Buffalo Kyle Menard Ovalo Daingerfield Aledo Burnet Grand Saline La Coste Alexander Mercury De Kalb Overton Grapevine Bynum Ladonia Detroit Gunter Aquilla Cameron *Lamkin Milano Penelope Devine Gustine Campbell Athens La Rue *Miles *Perry Donie Hagerman Canton Avery LaVernia Moore *Personville Edgewood Carlton Hallsville Avinger Leander Electra Carrollton Moran Hamlin Pflugerville Bagwell Leary *Elm Mott Ballinger Harrold Cason Picton Mt. Calm Liberty Hill Bertram Enloe Haskell Chandler *Muenster Pittsburg Lillian Estelline *Big Sandy Hawkins. Chico Munday Point Llano Fairfield Big Springs Hawley Childress Murphy Polytechnic Fairlie Blanket Hearne Chillicothe Lohn *Bloomburg Fate Hedley Claire tte Poth Myra Lone Oak Floresville Blue Ridge Clarendon HeidenNaples Pritchett Lueders Flynn heimer Bluff Dale Clarksville Nash Prosper Malone Blum Franklin Hico Claude *New Baden Purdon Gary Marble Falls Boerne Hooks *Clyde Bomarton Garza Hutto Coleman *Putnam New Boston Marquez Bonita Gatesville Iowa Park Colorado Newlin Quanah Mart *BreckenGladewater Irene Cooledge Oakwood Quinlan *Mason Golden ridge Jacksboro Cooper Randolph Oglesby Goodlett Maud Britton Copeville Josephine See following page for references. TIME S C H E D U L E — H E A D O F F IC E FOB ITEMS DRAWN ON POINTS IN- AVAILABILITY 11TH DISTRICT Business Days After Receipt (Continued) Dallas Territory, the following places(Texas) San Saba Thorndale Thrall Redwater Seymour Tioga *Reinhardt South San Tolar Renner Antonio *Trent Richland Stamford Trinidad Ridgeway Stephenville Troup Roanoke Sulphur Bluff Tyler Roscoe Rotan Sweetwater Valera Valley Mills Round Rock Sylvester Vernon Rowena Talpa Waskom Roxton Weinert Tatum Sabinal Tehuacana Weir *Sadler *Weston Teneha Sager ton -Continued: Whitney Wichita Falls Wilmer Winnsboro Winona Wolfe City Zephyr OTHER DISTRICTS (O k la h o m a ) C aney Albion Antlers Atoka Bennington Caddo Calera Centrahoma Clarita *Clayton Colbert Coleman *Ft. Towson Grant Haworth Hugo *Idabel Kemp City *E1 Reno, Ok. *Ardmore, Ok. Atlanta *Enid, Ok. Delhi Baltimore *Guthrie, Ok. *Bartlesville, Ok Jacksonville Minden Brooklyn *Lawton, Ok. Ruston Buffalo Louisville Vivian *Chickasha, Ok. *McAlester, Ok. Cincinnati Minneapolis Points of 2-day availability, Houston Territory, Cleveland *Muskogee, Ok. Denver according to schedule of Houston Branch. Nashville Detroit (Louisiana) Kingston Mill Creek Tupelo *Tushka Wapanucka Woodville New York City *Okmulgee, Ok. Philadelphia Pittsburgh *Ponca City, Ok. Richmond *Sapulpa, Ok. *Shawnee, Ok St. Paul, Minn. *Tulsa, Ok. Boston Helena Los Angeles Salt Lake San Francisco Illinois Indiana Iowa *Kansas ^Louisiana 6th Dist. Michigan *Missouri Oklahoma 10th Dist. Eleventh District—Unassorted Items. Business Days After Receipt Dallas Territory, except points noted in 2-day and 3-day divisions, or Dallas Territory Unassorted. Points of 3-day availability, Houston Territory, according to sched ule of Houston Branch. Points of 2-day availability, El Paso Territory, according to sched ule of El Paso Branch. Ohio Pennsylvania Virginia *Wisconsin Business Days After Receipt Business Days A fter Receipt Business Days A fter Receipt Business Days A fter Receipt Portland Seattle Spokane Arkansas Delaware Dist. of Columbia *Georgia Maryland Nebraska New York New Jersey ^Alabama Colorado Connecticut ^Florida Kentucky Maine Massachusetts Minnesota Mississippi New Hampshire North Carolina Rhode Island South Carolina Tennessee Vermont West Virginia California Idaho Montana Nevada New Mexico 10th Dist. North Dakota South Dakota Utah Wyoming *Arizona 12th Dist. Oregon Washington REFERENCES *—Collection time on these points has been changed since issuing our Circular No. 3, Series 1923. 0 —United States Treasury Warrants should be listed in a separate cash letter from other items of immediate availability. 0 —Matured Interest Coupons from United States Government Securities should be listed on Form F. A. 211 addressed to Federal Reserve Bank—Fiscal Agency Department, Station K, Dallas, Texas, and forwarded by registered insured mail. CLOSING HOURS Immediate credit entries and deferred availability calculations will be made the day items are received, provided they reach us prior to the closing hours designated in the following table for the various classes of items described therein. In case items are received too late to be handled on date of receipt, those immediately available will be credited on, and all others will be deferred from, the following business day. 10:00 A. M. (Daily)...... , Checks and Drafts drawn on banks in City of Dallas. 10:30 A. M...................... (Saturday 9:30 a. m.) Drafts drawn on Members Eleventh District Reserve City Clearing House stamped “ payable through Reserve City Clearing House.” 12:00 M........................... (Saturday 11:00 a. m.) Miscellaneous Checks and Drafts of one or more days availability according to this schedule. 3:00 P. M_____________ (Saturday 1:00 p. m.) ( Drafts on Federal Reserve Bank of Dallas—Head Office and Branches. • United States Treasury Warrants. < ( Matured Interest coupons from United States Government Securities. TIME S C H E D U L E — E L P A S O B R A N C H FOR ITEMS DRAWN ON POINTS IN— AVAILABILITY Immediate Credit 2 Business Days After Receipt 11TH DISTRICT OTHER DISTRICTS El Paso Cashier’s Checks and Expense Checks of all Federal Reserve Banks and Branches. ©United States Treasury Warrants. ©Matured Interest Coupons from United States Government Securities. 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. Drafts on members of Eleventh District Reserve City Clearing House, when stamped Payable through Reserve City Clearing House. Dallas Houston El Paso Territory, the following places: (Texas) (New Mexico) Deming Fabens Albuquerque Las Cruces Marfa Anthony Logan Sierra Blanca Carrizozo Nara Visa Van Horn Corona Santa Rosa San Marcial San Jon Socorro Tucumcari Tularosa ♦Denver Kansas City Los Angeles Oklahoma City El Paso Territory, the following places: 3 Business Days After Receipt 4 Business Days After Receipt 5 Business Days After Receipt (Texas) (Arizona) (New Mexico) Alpine Marathon Sanderson Benson Bowie Douglas Tucson Willcox Belen Hot Springs Lordsburg Magdalena Chicago Cincinnati Detroit Little Rock Memphis Minneapolis El Paso Territory, except points noted in 2-day and 3-day Divisions, or El Paso Territory—Unassorted. Points of 2-day availability, Dallas Territory, as shown by sched ule of Head Office. Points of 2-day availability, Houston Territory, as shown by sched ule of Houston Branch. Eleventh District--Unassorted Items. 6 Business Days After Receipt 7 Business Days After Receipt 8 Business Days After Receipt See following page for references. ♦Arizona 12th Dist. Arkansas California Connecticut ♦Florida Idaho Kentucky Alabama Baltimore Portland Seattle Spokane Delaware Dist. Columbia ♦Georgia Indiana Maine Maryland Mississippi Montana Oregon Nashville New Orleans Omaha San Francisco St. Louis St. Paul *Ardmore, Ok. Atlanta ♦Bartlesville, Ok. Boston Birmingham Brooklyn Buffalo ♦Chickasha, Ok. Cleveland *E1 Reno, Ok. ♦Enid, Ok. *Gutkrie, Ok. Helena Jacksonville ♦Lawton, Ok. Louisville ♦McAlester, Ok. ♦Muskogee, Ok. New York City *Okmulgee, Ok. Philadelphia Pittsburgh *Ponca City, Ok. Richmond Salt Lake City ♦Sapulpa, Ok. *Shawnee, Ok. *Tulsa, Ok. ♦Kansas ♦Colorado Illinois Iowa Massachusetts Minnesota Nebraska New Hampshire New Jersey Nevada North Carolina North Dakota Washington ♦Louisiana 6th Dist. Michigan ♦Missouri Oklahoma 10th Dist. Wisconsin ♦New Mexico 10th Dist. New York Ohio Pennsylvania Rhode Island Tennessee Vermont Virginia South Carolina South Dakota Utah West Virginia ♦Wyoming REFERENCES *—Collection time on these points has been changed since issuing our Circular No. 3, Series 1923. ® — United States Treasury Warrants should be listed in separate cash letter from other items of immediate availability. (D— Matured Interest Coupons from United States Government Securities should be listed on Form F. A. 211, and forwarded by registered insured mail. CLOSING HOURS Immediate credit entries and deferred availability calculations will be made the day items are received, provided they reach us prior to the closing hours designated in the following table for the various classes of items described therein. case items are received too late to be handled on date of receipt, those immediately available will be credited on, In and all others will be deferred from, the following business day. 9:15 A. M. (Daily).............. Checks and Drafts drawn on banks in City of El Paso. 12:00 M----------------------------(Saturday 11:00 a. m.) Miscellaneous Checks and Drafts of one or more days availability according to this schedule. 9:30 A. M— ....................... (Saturday 8:30 A. M.) Drafts drawn on members of Eleventh District Reserve City Clearing through Reserve City Clearing House.” 2:00 P. M................................ ( Drafts on Federal Reserve Bank of Dallas— Head Office and Branches. (Saturday 12:00 m.) < United States Treasury Warrants. ( Matured Interest coupons from United States Government Securities. House stamped “payable TIME S C H E D U L E — H O U S T O N B R A N C H FOR ITEMS DRAWN ON POINTS IN— AVAILABILITY 11TH DISTRICT Immediate Credit OTHER DISTRICTS Houston Cashier’s Checks and Expense Checks of all Federal Reserve Banks and Branches. ©United States Treasury Warrants. ©Matured Interest Coupons from United States Government Securities. 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. Drafts on members of Eleventh District Reserve City Clearing House, when stamped ______ payable through Reserve City Clearing House. 1 Business Day After Receipt 2 Business Days After Receipt New Orleans Dallas El Paso Houston Territory, the following places: Burton Francitas (Texas) ♦Caldwell Galveston Alta Loma Carmine Giddings Alvin Chappel Hill Harrisburg Angleton Cleveland ♦Bastrop Hempstead Corpus Christi Bay City Hitchcock Dayton Beaumont Hull Dickinson Bellville Eagle Lake Humble Bishop Bloomington East Bernard Karnes City Brenham Elgin Kingsville Bryan Fayetteville Blessing La Grange Falls City Brazoria Flatonia La Porte Brookshire Houston Territory, the following places: Dobbin Jasper Kenedy Donna Alamo Edna Kenney Alto El Campo Kirbyville Amman sville La Feria Elkhart ♦Anderson Lexington Ellinger Appleby Livingston Freeport Beasley Gallatin Lockhart Beeville Louise Ganado Bedias Lovelady Garwood *Booth Madisonville Glenflora Brownsville Mathis Gonzales Buna McAllen Goose Creek ♦Cat Spring Grapeland McDade Chireno Hallettsville Maydelle Colmesneil Mercedes Harlingen Columbus Mission Harwood Corrigan Moulton Huntsville Crosby Mt. Selman Inez Cuero Nacogdoches Iola ♦Deanville ♦Neches Jacksonville Dialville (Texas) 3 Business Days After Receipt League City Leggett Liberty Lufkin Luling Lyford Lyons Magnolia Mauriceville Maxwell Montgomery Navasota New Ulm Orange Palacios ♦Palestine New Waverly Nixon Nordheim North Zulch Odem Onalaska Paige Pearland Pharr Port Lavaca *Port Neches Ponta Raymondville Red Rock Richards Riverside Riviera Rock Island *Rosenberg Round Top Runge Points of 2-day availability, Dallas Territory, according to schedule of Head Office. Houston Territory except points noted in 2-day and 3-day Divisions —Unassorted. 4 Business Days After Receipt Points of 3-day availability, Dallas Territory, according to sched ule of Head Office. Points of 2-day availability, El Paso Territory, according to sched ule of El Paso Branch. See following page for references. Pasadena Port Arthur Refugio Richmond Robstown Schulenberg Sealy Shiro Shepherd Silsbee Sinton Spring Sugarland Sweeney Texas City Waelder Wallis Weimar Wharton Winnie Atlanta Birmingham Kansas City Little Rock Rusk San Benito San Juan Saratoga Shiner Skidmore Smiley *Smithville Somerville Sour Lake Sweethome Taft *Trinity Tomball Louisville Memphis Nashville Oklahoma City St. Louis Velasco Victoria Waller West Columbia Wells Weslaco Westhoff Willis Winchester Woodville Woodsboro Yoakum Yorktown Baltimore Buffalo Chicago Cincinnati Cleveland Denver Detroit Jacksonville ♦Los Angeles Minneapolis Omaha Philadelphia Pittsburgh Richmond St. Paul *Louisiana 6th Dist. *Ardmore, Ok. ♦Bartlesville, Ok. Boston Brooklyn *Chickasha, Ok. ♦El Reno, Ok. *Enid, Ok. ♦Guthrie, Ok. ♦Lawton, Ok. ♦McAlester, Ok. ♦Muskogee, Ok. New York City ♦Okmulgee, Ok. ♦Ponca City, Ok. Salt Lake City San Francisco ♦Sapulpa, Ok. ♦Shawnee, Ok. ♦Tulsa, Ok. ♦Georgia ♦Kansas ♦Missouri TIME S C H E D U L E — H O U S T O N B R A N C H FOR ITEMS DRAWN ON POINTS IN— AVAILABILITY 11TH DISTRICT K d Business Days A fter Receipt Eleventh District—Unassorted Items. 6 Business Days A fter Receipt 7 Business Days A fter Receipt Helena Spokane Arkansas Delaware Dist. Columbia Illinois Indiana Iowa Kentucky Maryland Portland Seattle Alabama Colorado Connecticut *Florida Maine Massachusetts Minnesota Nebraska New Hampshire New Jersey Arizona 12th Dist. California New Mexico 10th Dist. Idaho Montana | ■ ■ Pennsylvania Tennessee Michigan Mississippi Ohio Oklahoma 10th Dist. Virginia Wisconsin New York North Carolina Rhode Island South Carolina Vermont West Virginia Wyoming Oregon | OTHER DISTRICTS Washington Nevada North Dakota South Dakota Utah 8 Business Days A fter Receipt 9 Business Days A fter Receipt REFERENCES *__Collection time on these points has been changed since issuing our Circular No. 3, Series 1923. _United States Treasury Warrants should be listed in separate cash letter from other items of immediate availability. ^ __Matured Interest Coupons from United States Government Securities should be listed on Form F. A. 211, and forwarded by registered insured mail. q CLOSING HOURS Immediate credit entries and deferred availability calculations will be made the day items are received, provided they reach us prior to the closing hours designated in the following table for the various classes of items described therein. In case items are received too late to be handled on date of receipt, those immediately available will be credited on, and all others will be deferred from, the following business day. 10:00 A. M. (Daily)______ Checks and Drafts drawn on banks in City of Houston. 10:30 A. M-----------------(Saturday 9:30 a. m.) Drafts drawn on members of Eleventh District Reserve City Clearing House through Reserve City Clearing House.” 12:00 M----------------------(Saturday 11:00 a. m.) Miscellaneous checks and drafts of one or more days availability according to this schedule. 3:00 P. M_____________ (Saturday 1:00 p. m.) Drafts on Federal Reserve Bank of Dallas—Head Office and Branches. United States Treasury Warrants. Matured Interest coupons from United States Government Securities. stamped “payable
