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Circular No. 8. Series of 1929. FE D E R A L R E SE R V E B A N K OF DALLAS August 22, 1929 Effective August 26, 1929. T R A N S IT O P E R A T IO N S TIM E S C H E D U L E S O F A V A IL A B IL IT Y To the Member Bank Addressed: For your guidance in forwarding items for credit, under the terms of our cur rent circular on Transit Operations, there will be found on the following pages time schedules of availability accorded items received at the Federal Reserve Bank of Dallas and its El Paso, Houston and San Antonio branches. Credit and availability are, in each instance, subject to the receipt of actual 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 accord ance with the divisions of these schedules. A notation should be placed on each letter, plainly indicating when the items included are expected to be available as reserve, such as “ immediate credit,” “ one day,” “ two days,” etc. Business days only are to be counted in determining the availability date; for instance, 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 de ferred, at our discretion, for a period sufficient to collect items of longest availabil ity 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 availa bility 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 SC 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 1 Business Day A fter Receipt O T H E R D IS T R IC T S 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. Houston San Antonio Little Rock Oklahoma City El Paso Dallas Territory, the following places: 2 Business Days A fter Receipt 3 Business Days A fter Receipt (Texas) Burkburnett Eastland Handley Abernathy Caddo Mills Ector Happy Abilene Cameron Edgewood Haskell Albany Canyon Electra Hawkins Allen Carbon Ennis Hedley Alvarado Carlton Henrietta Estelline Alvord Carthage Eustace Hico Amarillo Cason Farmersville Hillsboro Amherst Cedar Hill Fate Holland Anna Howe Celeste Ferris Anson Celina Hubbard Floydada Arlington Chico Hughes Forney Arp Childress Forreston Springs Athens Chillicothe Ft. Worth Hutto Atlanta Iowa Park Cisco Franklin Aubrey Clarendon Iredell Frost Baird Claude Gainesville Ireland Irving Barry Cleburne Garland Bartlett Clifton Italy Gary Itasca Beckville Clyde Gatesville Bellevue Coahoma Georgetown Jefferson Josephine Collinsville Gilmer Bells Belton Colorado Gladewater Joshua Big Sandy Comanche Goldthwaite Justin Kaufman Big Spring Commerce Gordon Copperas Blackwell Keller Gorman Kemp Cove Granbury Blanket Bloomburg Corsicana Kerens Grand Blooming Crandall Prairie Kilgore Grove Crawford Killeen Grand Kopperl Blum Saline Cross Plains Grandview Kosse iBomarton/ Cumby Bowie Granger Kress Brady Daingerfield Grapevine Lamesa Dawson Brandon Greenville Lampasas Brashear Decatur T^aucaster Groesbeck BreckenridgeDe Leon Leonard Gunter Bremond Denison Hale Center Lewisville Bridgeport Denton Hallsville Littlefield Bronte Lockney Dorchester Hamilton Brownwood Dublin Hamlin Lometa Dallas _Territory, except points noted in 2-day division. Points of 2-day availability, Houston Territory, according to schedule of Houston Branch. Points of 2-day availability, San Antonio Territory, according to schedule of San Antonio Branch. 4 Business Days A fter Receipt Eleventh District unassorted items. See following page for references: Longview Loraine Lorena Lubbock Mabank Malakoff Mansfield Marlin Marshall McGregor McKinney Melissa Memphis Menard Meridian Merit Merkel Mertens Mesquite Mexia Midlothian Milford Millsap Mineola Mingus Moody Moran Mt. Calm Mt. Pleasant Mt. Vernon Mull in Munday Naples Nevada Newark Nocona Overton Palmer Paradise Paris Perry Pickton Pilot Point Pittsburg Plainview Plano Post Pottsboro Proctor Purdon Putnam Quanah Quinlan Quitaque Ranger Reagan Red Oak Redwater Rice Richardson Riesel Ringgold Rio Vista Roby Rochelle Rockdale Rockwall Rogers Roscoe Rosebud Rotan Round Rock Rowlett Royse City Sadler St. Jo Saltillo Sanger Santa Anna Santo Seagoville Seymour Sherman Slaton Snyder Stamford Stephenville Strawn Sudan Sulphur Springs Sweetwater Tatum Taylor Teague Temple Terrell Texarkana Thorndale Thornton Tioga Tolar Trent Trenton Troup Troy Tulia Turkey Tyler Valley Mills Valley View Van Alstyne Venus Vernon Waco Walnut Springs Waxahachie Weatherford Wellington West Whitesboro Whitewright Whitney Wichita Falls Wills Point Wilmer Winfield Wortham Wylie (Louisiana) Minden Shreveport (Oklahoma) Atoka Coalgate Durant Madill Mill Creek Atlanta Birmingham Chicago Cincinnati Cleveland Denver Kansas City Memphis Minneapolis Nashville Baltimore Brooklyn Buffalo Charlotte Detroit Jacksonville Richmond Los Angeles Oklahoma New York City 10th Dist. Philadelphia Pittsburgh New Orleans Louisville Omaha St. Louis St. Paul Boston Illinois Michigan Helena Indiana Minnesota Salt Lake Iowa Missouri San Francisco Kansas Nebraska Arkansas Louisiana Ohio 6th Dist. Wisconsin Georgia TIME S C H E D U L E --H E A D O F F IC E AVAILABILITY FOR ITEMS DRAWN ON POINTS IN— 11TH DISTRICT 5 Business Days After Receipt 6 Business Days After Receipt 7 Business Days After Receipt Portland Seattle Spokane Alabama Colorado Delaware Dist. of Columbia Kentucky Maryland Mississippi New Jersey New Mexico 10th Dist. New York North Carolina Pennsylvania South Carolina Tennessee Virginia Wyoming Connecticut Florida Maine Massachusetts Montana New Hampshire North Dakota Rhode Island South Dakota Vermont West Virginia Arizona 12th Dist. California Idaho Nevada Utah Oregon Washington 8 Business Days After Receipt O T H E R DISTRIC TS REFERENCES •— United States Treasury Warrants should be listed in a separate cash letter from other items of immediate availability, } ■ t— 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. Central Time____________ 10:00 A. M. (Daily)...........Checks and Drafts drawn on banks in City of Dallas. 12:00 M.____ ____________ Miscellaneous checks and drafts of one or more days deferred availability according to this schedule. (S' urday 11.00 a. m.) 3:00 P. M.......................... (Saturday 1:00 p. m.) ^ xcept that items of $1,000.00 or more will be received up to 12:00 noon on Saturday and 2:30 p. m. on other days when listed in special letters containing only such items.) Drafts on Federal Reserve Bank of Dallas—Head Office and Branches. United States Treasury Warrants. Matured Interest coupons from United States Government Securities. TIME SC H E D U L E -----EL P A S O B R A N C H FOR ITEMS DRAWN ON POINTS IN— AVAILABILITY 11TH DISTRICT Immediate Credit 2 Business Days After Receipt 3 O T H E R D IS T R IC T S 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. Dallas Houston San Antonio El Paso Territory, the following places: (Texas) Sierra Blanca Carrizozo Barstow Stanton Deming Clint (New Hatch Midland Mexico) Hot Springs Odessa Alamogordo Las Cruces Pecos Anthony Logan Lordsburg Nara Visa Roswell Santa Rosa Tucumcari Tularosa Atlanta Birmingham Charlotte Chicago Cincinnati Cleveland Detroit Jacksonville Louisville Business Days After Receipt 4 Business Days After Receipt Alabama Colorado Delaware Georgia Business Days After Receipt 7 Business Days After Receipt See following page for rateroocea Idaho Arizona 12th Dist. Maine Maryland Arkansas Massachusetts California Minnesota Connecticut Dist. of Columbia Montana Florida Nebraska Oregon Illinois Indiana Iowa Kentucky Minneapolis Nashville Omaha Philadelphia Pittsburgh Portland Salt Lake City San Francisco St. Paul Baltimore Boston Brooklyn Buffalo Helena New York City El Paso Territory, except points noted in 2-day Division. Business Days After Receipt (Arizona) Benson Bowie Douglas Nogales Tucson Wilcox Denver Kansas City Little Rock Los Angeles Memphis New Orleans Oklahoma City St. Louis Richmond Seattle Spokane Kansas Oklahoma 10th Dist. Louisiana 6th Dist. Michigan Mississippi North Dakota Nevada New Hampshire Pennsylvania Rhode Island New Jersey South Carolina New Mexico South Dakota 10th Dist. Tennessee New York North Carolina Utah Washington Missouri Ohio Wisconsin Vermont Virginia West Virginia Wyoming REFERENCES f — United States Treasury Warrants should be listed in a separate cash letter from other items of immediate availability, t— 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. In case items are received too late to be handled on date of receipt, those immediately available will be credited on, and aH others will be deferred from, the following business day. Mountain Time__________ 10:30 A. M. (Daily)_____ Checks and Drafts drawn on banks in City of El Paso. ...Miscellaneous checks and drafts of one or more days deferred availability according to this schedule. 12:00 M_____ ______ (Saturday 11:00 a. m.) (Except that items of $1,000.00 or more will be received up to 12:00 noon on Saturday and 1:30 p. m. on other days when listed in special letters containing only such items.) i Drafts on Federal Reserve Bank of Dallas—Head Office and Branches. 2:00 P. M.............................< United States Treasury Warrants. (Saturday 12:00 m.) I Matured Interest coupons from United States Government Securities. TIME SC 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 1 Business Day After Receipt 2 Business Days After Receipt O T H E R D ISTRIC TS Houston Cashier’s Checks and Expense Checks of all Federal Reserve Banks and Branches. fUnited States Treasury Warrants. fMatured 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. Dallas San Antonio New Orleans El Paso Houston Territory, the following places: Conroe (Texas) Hull Alvin Crockett Humble Dayton Huntsville Anderson Dickinson Bay City Inez Eagle Lake Beaumont Jacksonville Joaquin East Bernard Bellville La Grange Edna Blessing El Campo La Porte Bloomington Elgin Leggett Brenham Liberty Fayetteville Brookshire Livingston Flatonia Bryan Caldwell Galveston Louise Lufkin Giddings Chappel Hill Mauriceville Cleveland Hallettsville Hitchcock McDade Columbus Moulton Nacogdoches Navasota New Ulm Orange Palacios Palestine Pasadena Port Arthur Port Neches Richmond Round Top Rusk Schulenberg Sealy Shepherd Shiner 3 Points of 2-day availability, Dallas Territory, according to sched ule of Head Office. Points of 2-day availability, San Antonio Territory, according to schedule of San Antonio Branch. 4 Business Days After Receipt Eleventh District unassorted items. 5 Business Days After Receipt 6 Business Days After Receipt 7 Business Days After Receipt See following page for references. Atlanta Birmingham Chicago Kansas City Little Rock Louisville Memphis Nashville Oklahoma City St. Louis Baltimore Brooklyn Buffalo Charlotte C ncinnati Cleveland Denver Detroit Jacksonville Los Angeles Minneapolis New York City Omaha Philadelphia Pittsburgh Richmond St. Paul Louisiana 6th Dist. Kansas Michigan Mississippi Missouri Oklahoma 10th Dist. Wisconsin New York North Carolina Ohio Pennsylvania South Carolina Tennessee Virginia Helena Portland Spokane Alabama Arkansas Maryland Delaware Minnesota Dist. of Columbia Nebraska Kentucky New Jersey Seattle California Colorado Connecticut Florida Maine Massachusetts Rhode Island New Hampshire Vermont West Virginia Wyoming Arizona 12th Dist. Idaho Montana Nevada New Mexico 10th Dist. Utah Oregon Washington 8 Business Days After Receipt Timpson Trinity Victoria Weimar Wharton Winnie Boston Salt Lake City San Francisco Georgia Illinois Indiana Iowa Houston Territory, except points noted in 2-day Division. Business Days After Receipt Shiro Silsbee Sour Lake Spring Sugarland Teneha Texas City North Dakota South Dakota REFERENCES t— United States Treasury Warrants should be listed in a separate cash letter from other items of immediate availability. t 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. In case items are received t<?o 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. Central Time____________ 10:00 A. M. (Daily)........... 12:00 M_______________ (Saturday 11:00 a. m.) 3:00 P. M.......................... (Saturday 1:00 p. m.) Checks and Drafts drawn on banks in City of Houston. Miscellaneous checks and drafts of one or more days deferred availability according to this schedule. (Except that items of $1,000.00 or more will be received up to 12:00 noon on Saturday and 2:30 p. m. on other days when listed in special letters containing only such items.) Drafts on Federal Reserve Bank of Dallas— Head Office and Branches. United States Treasury Warrants. Matured Interest coupons from United States Government Securities. TIME SC H E D U L E -----S A N A N T O N IO B R A N C H FOR ITEMS DRAWN ON POINTS IN— AVAILABILITY 11TH DISTRICT Immediate Credit 1 Business Day After Receipt 2 Business Days After Receipt O T H E R D IS T R IC T S San Antonio Cashier’s Checks and Expense Checks of all Federal Reserve Banks and Branches. fUnited States Treasury Warrants. JMatured 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. Dallas Houston El Paso San Antonio Territory, the following places: Alamo Eagle Pass Karnes City Alice Kenedy Edcouch Kingsville Austin Edinburg Kyle Beeville Falfurrias La Coste Bishop Falls City La Feria Brownsville Floresville Comfort Fredericksburg La Pryor Laredo Corpus Christi George West Lockhart Cotulla Goliad Los Fresnos Cuero Gonzales Luling Gregory Del Rio Lyford Harlingen Devine Marion Dilley Hebbronville Martindale Donna Hondo Mathis Maxwell McAllen Mercedes Mission Moore New Braunfels Nordheim Odem Pearsall Pflugerville Pharr Premont Raymondville Rio Hondo Robstown San Antonio Territory except points noted in 2-day Division. 3 Business Days After Receipt 4 Points of 2-day availability, Dallas Territory, according to schedule of Head Office. Points of 2-day availability, Houston Territory, according to sched ule of Houston Branch. Eleventh District unassorted items. Business Days After Receipt 5 Business Days After Receipt 6 Business Days After Receipt 7 Business Days After Receipt See following page for references. Runge Sabinal San Benito San Juan San Marcos Seguin Sinton Skidmore Chicago Kansas City Little Rock Louisville Memphis So. San Antonio Taft Tynan Uvalde Waelder Weslaco Yoakum Yorktown New Orleans Oklahoma City Omaha St. Louis Atlanta Baltimore Birmingham Brooklyn Buffalo Charlotte Cincinnati Cleveland Denver Detroit Jacksonville Los Angeles Minneapolis Nashville New York City Philadelphia Pittsburgh Richmond San Francisco St. Paul Boston Helena Portland Salt Lake City Illinois Indiana Iowa Kansas Louisiana 6th Dist. Michigan Mississippi Missouri Nebraska Oklahoma 10th Dist. Wisconsin Seattle New Jersey Spokane New York Alabama North Carolina Arkansas Ohio Delaware Pennsylvania Dist. of Columbia South Carolina Georgia Tennessee Kentucky Virginia Maryland Wyoming Minnesota California Colorado Connecticut Florida Maine Massachusetts New Hampshire Rhode Island Vermont West Virginia Arizona 12th Dist. Idaho Montana Nevada New Mexico 10th Dist. North Dakota Oregon South Dakota Utah Washington REFERENCES t — United States Treasury Warrants should be listed in a separate cash letter from other items of immediate availability t— 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. 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. Central Time____________ 10:30 A. M......................... Checks and Drafts drawn on banks in City of San Antonio. 12:00 M_______________ .Miscellaneous checks and drafts of one or more days deferred availability according to this schedule. (Saturday 11:00 a. m.) (Except that items of ?1,000.00 or more will be received up to 12:00 noon on Saturday and 2:30 p. m. on other days when listed in special letters containing only such items.) I Drafts on Federal Reserve Bank of Dallas— Head Office and Branches. 3:00 P. M................ ..........< United States Treasury Warrants. (Saturday 1:00 p. m.) ( Matured Interest coupons from United States Government Securities.