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FEDERAL RESERVE BANK OF DALLAS Circular No. 8, Series of 1937 Dallas, Texas, September 28,1937 Effective October 1,1937 TRANSIT OPERATIONS TIM E S C H E D U L E O F A V A IL A B IL IT Y To the Member or Nonmember dealing Bank Addressed: There is published on the following pages a time schedule of availability accorded items received for credit at the Federal Reserve Bank of Dallas and its El Paso, Houston and San Antonio branches. This schedule supersedes all previous schedules and is subject to change without notice. Subject to the terms and conditions of this time schedule, our current cir cular on transit operations, and Regulation J of the Board of Governors of the Federal Reserve System, credit will be given at the times indicated herein for cash items received and accepted by us, and for cash items payable in other Federal Reserve districts which are forwarded with our permission direct to other Federal Reserve banks or branches for our account. This time schedule does not necessarily show the actual time required for collec tion of cash items, and advices received from us showing the availability of items cannot be considered as advices of actual payment. Credit will, in all instances, be subject to receipt of payment by us in actually and finally collected funds, and we may in our discretion refuse at any time to permit the withdrawal or other use of credit given for any item for which we have not received payment in actually and finally collected funds. Checks should be assorted and listed in separate letters in accordance with the divisions of this time schedule, and a notation such as “ immediate credit,” “ one day,” “ two days,” etc., should be placed on each letter. The total amount of cash letters containing checks not assorted according to this time schedule may, in our discretion, be deferred for a period sufficient to collect items of the longest availability contained therein. Credit for items payable in this district will be deferred on a business day basis, and credit for items payable in other districts, in so far as it concerns the transit time to other Federal Reserve banks or branches, will be deferred on a calendar day basis. 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 Fed eral Reserve city, will be accepted on the same basis as checks drawn on banks located in that city. Yours very truly, b. a . McKi n n e y , President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) TIME SCHEDULE----HEAD OFFICE FOR ITEMS DRAWN O^T POINTS IN— AVAILABILITY 11TH DISTRICT Immediate Credit 1 Business Day After Receipt O T H E R D IST RIC T S Dallas— (Except University Park. See 2-day schedule.) Post Office Money Orders drawn on or drawn by Dallas Post Office. Cashier’s Checks and Expense Checks of all Federal Reserve banks and branches. f United States Treasury Checks and Warrants. jMatured Interest Coupons from securities of the United States Government, Federal Farm Mortgage Corporation, Home Owners’ Loan Corporation, Consolidated Fed eral Land Bank, Federal Land Bank, and Reconstruction Finance Corporation Notes. 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. Federal Reserve Exchange Drafts. Kansas City Little Rock Memphis New Orleans Oklahoma City Houston San Antonio El Paso Dallas territory, the following places: 2 Business Days After Receipt 3 Business Days After Receipt 4 Business Days After Receipt (Texas) Cameron Ferris Iowa Park Abernathy Canton Forney Iredell Abilene Canyon Ft. Worth Italy Albany Franklin Itasca Carthage Allen Frost Celeste Jacksboro Alvarado Chico Gainesville Jefferson Alvord Childress Garland Kaufman Amarillo Chillicothe Gatesville Keller Amherst Chilton Georgetown Kemp Anna Gilmer Kerens Cisco Annona Clarendon Gladewater Kilgore Anson Clarksville Goldthwaite Killeen Kirkland Archer City Claude Gordon Knox City Arlington Gorman Cleburne Kosse Athens Clifton Graham Ladonia Granbury Atlanta Coleman Baird Grand Lamesa Colorado Lampasas Ballinger Prairie Comanche Lancaster Commerce Grand Bangs Leary Bardwell Saline Coolidge Grandview Leonard Cooper Bartlett Lewisville Granger Corsicana Beckville Linden Grapevine Crandall Bells Crosbyton Littlefield Belton Greenville Groesbeck Lone Oak Big Sandy Dawson Groom Longview Big Spring Decatur Hale Center Lott Blanket DeKalb Lubbock De Leon Hallsville Bonham Mabank Hamlin Denison Bowie Malakoff Denton Brady Handley Mansfield BreckenridgeDodd City Happy Marlin Dublin Haskell Bremond Marshall Hedley Bridgeport Eastland Mart Henrietta Brownfield Eddy McGregor Brownsboro Edgewood Hico McKinney Hillsboro Brownwood Electra Memphis Holland Ennis Bryson Honey Grove Menard Burkburnett Eustace Merkel Caddo Mills Farmersville Hubbard 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. Mesquite Mexia Midlothian Miles Milford Mineola Mineral Wells Mobeetie Moody Moran Mt. Calm Mt. Pleasant Mt. Vernon Muenster Munday Naples New Boston Nocona Oglesby Olney Omaha Paducah Palmer Pampa Panhandle Paris Petersburg Pilot Point Pittsburg Plainview Plano Post Powell Purdon Quanah Ralls Ranger Reagan Red Oak Redwater Rhome Rice Richardson Richland Ringgold Rio Vista Roby Rochester Rockdale Rockwall Rogers Roscoe Rosebud Rotan Rowena Royse City Rule St. Jo San Angelo Sanger Santa Anna Santo Seymour Shamrock Sherman Snyder Stamford Stephenville Strawn Streetman Sulphur Springs Sweetwater Tahoka Talpa Taylor Teague Temple Terrell Texarkana Thorndale Thornton Trenton Troup Tulia Tyler Univ. Park (Postoffice Dallas) Valley Mills Valley View Van Alstyne See following page for references (Louisiana) Arcadia Monroe Pelican Shreveport (Oklahoma) Atoka Caddo Durant Hugo Madill Mill Creek Atlanta Birmingham Charlotte Chicago Cincinnati Cleveland Denver Detroit Jacksonville Louisville Minneapolis Nashville Omaha Pittsburgh St. Louis St. Paul Baltimore Boston Brooklyn Buffalo Helena Los Angeles New York City Philadelphia Richmond Salt Lake City Arkansas Kansas Louisiana 6th District Mississippi Oklahoma 10th District Portland Georgia San Francisco Illinois Eleventh District unassorted items. Vernon Waco Waxahachie Weatherford Wellington West Wheeler Whitesboro Whitewright Whitney Wichita Falls Wills Point Windom Winters Wortham Ipokane Alabama Florida “ Iowa Michigan Minnesota Missouri Nebraska Ohio Wisconsin TIME SCHEDULE----HEAD OFFICE FOR ITEMS DRAWN ON POINTS IN— AVAILABILITY 11TH DISTRICT 5 Business Days After Receipt 6 Business Days After Receipt 7 Business Days After Receipt O T H E R DISTRIC TS Colorado Connecticut r. _ De’ aware Dist. of Columbia Kentucky Maine Maryland Massachusetts Montana New Hampshire New Jersey New Mexico 10th District New York North Carolina Pennsylvania Rhode Island South Carolina Tennessee v __ __. ^ ermo? ‘ Virginia West Virginia Arizona 12th District California North Dakota South Dakota Utah Wyoming Idaho Nevada Oregon Washington REFERENCES |__United States Treasury Checks and Warrants should be listed in a special cash letter containing only such items. $__Matured Interest Coupons as shown herein, should be listed on the proper forms, 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 the City of Dallas and Post Office Money Orders drawn on or by Dallas Post Office. 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 $500.00 or more will be received up to 1:45 P. M. on Saturday, and 3:45 P. M. on other days when listed in special letters containing only such items.) 2:00 P.M ._______ ________ Matured Interest Coupons as shown herein. United States Treasury Checks and Warrants. (Saturday 12:00m.) (Except that United States Treasury Checks and Warrants of $1,000.00 or more, will be received up to 3:00 P. M. on business days other than Saturday, when listed in special letters containing only such items.) 3*00 P. M ._____________ Cashier’s Checks and Expense Checks of all Federal Reserve banks and branches. (Saturday 1:00 p. m.) Drafts on Federal Reserve Bank of Dallas or branches. Federal Reserve Exchange Drafts. TIME SCHEDULE— EL PASO BRANCH FOR ITEMS DRAWN ON POINTS IN— 11TH DISTRICT Immediate Credit 2 Business Days After Receipt Business Days After Receipt Business Days After Receipt Business Days After Receipt O T H E R D IST RIC T S El Paso Post Office Money Orders drawn on or drawn by El Paso Post Office. Cashier’s Checks and Expense Checks of all Federal Reserve banks and branches. fUnited States Treasury Checks and Warrants. ^Matured Interest Coupons from securities of the United States Government, Federal Farm Mortgage Corporation, Home Owners’ Loan Corporation, Consolidated Fed eral Land Bank, Federal Land Bank, and Reconstruction Finance Corporation Notes. 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. Federal Reserve Exchange Drafts. Dallas Houston San Antonio El Paso territory, the following places: (Arizona) Monahans Las Cruces Artesia Lordsburg Carlsbad Bisbee Odessa Melrose Douglas Pecos Carrizozo Tucson Stanton Nara Visa Deming Roswell Ft. Sumner (Texas) Van Horn Santa Rosa Hagerman Barstow (New Tucumcari Hatch Fabens Mexico) Vaughn Hot Springs Midland Alamogordo Chicago Denver Kansas City Little Rock Los Angeles Memphis New Orleans Oklahoma City Omaha St. Louis El Paso territory, except points noted in 2-day division. Atlanta Baltimore Birmingham Brooklyn Buffalo Charlotte Cincinnati Cleveland Detroit Jacksonville Louisville Minneapolis Nashville New York City Philadelphia Pittsburgh Richmond Salt Lake City San Francisco St. Paul Points of 2-day availability, Dallas, Houston and San Antonio territories, according to schedules of those offices. Boston Helena Portland Seattle Arkansas Spokane Illinois Indiana Iowa Kansas Louisiana 6th District Michigan Mississippi Missouri Nebraska Oklahoma 10th District Wisconsin Eleventh District unassorted items. Business Days After Receipt Business Days After Receipt See following page for references Nevada Idaho Montana North Dakota Alabama Arizona 12th District California Colorado Connecticut Delaware Tennessee Dist. of Columbia Florida Georgia Kentucky Maine Maryland Massachusetts Minnesota Ohio New Hampshire Pennsylvania New Jersey Rhode Island New Mexico South Carolina 10th District Vermont New York Virginia North Carolina West Virginia Wyoming Utah Oregon South Dakota Washington REFERENCES f — United States Treasury Checks and Warrants should be listed in a special cash letter containing only such items. t— Matured Interest Coupons as shown herein, should be listed on the proper forms, 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. Mountain Time................... 9:45 A.M . (Daily).............. Checks and drafts drawn on banks in the City of El Paso and Post Office Money Orders drawn on or by El Paso Post Office. 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 $500.00 or more will be received up to 12:00 Noon on Saturday, and 2:00 P. M. on other days when listed in special letters containing only such items.) 1:00 P.M .......................... .. Matured Interest Coupons as shown herein. (Saturday 11:30 a. m.) United States Treasury Checks and Warrants. (Except that United States Treasury Checks and Warrants of $1,000.00 or more, will be received up to 2:00 P. M. on business days other than Saturday, when listed in sp e cia l letters containing only such items.) 2:00 P. M. ............. ........ . Cashier’s Checks and Expense Checks of all Federal Reserve banks and branches. (Saturday 12:00 m.) Drafts on Federal Reserve Bank of Dallas or branches. Federal Reserve Exchange Drafts. TIME SCHEDULE----HOUSTON BRANCH FOR ITEMS DRAWN ON POINTS I N AVAILABILITY 11TH DISTRICT Immediate Credit 2 Business Days After Receipt O T H E R DISTRIC TS Houston Post Office Money Orders drawn on or drawn by Houston Post Office. Cashier’s Checks and Expense Checks of all Federal Reserve banks and branches. fUnited States Treasury Checks and Warrants. ^Matured Interest Coupons from securities of the United States Government, Federal Farm Mortgage Corporation, Home Owners’ Loan Corporation, Consolidated Fed eral Land Bank, Federal Land Bank, and Reconstruction Finance Corporation Notes. 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. Federal Reserve Exchange Drafts. El Paso Houston territory, the following places: Ganado (Texas) Conroe Garrison Corrigan Alto Giddings Alvin Crockett Anderson Goose Creek Crosby Angleton Dayton Hallettsville Hitchcock Bastrop Eagle Lake Hull East Bernard Bay City Humble Beaumont Edna Huntsville El Campo Bellville Iola Brenham Elgin Jacksonville Bryan Fayetteville La Grange Caldwell Flatonia La Porte Freeport Chireno Lexington Galveston Cleveland Liberty Livingston Lovelady Lufkin Lyons Moulton Nacogdoches Navasota Orange Palestine Pasadena Port Arthur Port Neches Richmond Rosenberg Houston 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, San Antonio territory, according to schedule of San Antonio 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 Seattle Colorado Connecticut Delaware Dist. of Columbia Minnesota Kentucky New Hampshire Maryland New Jersey Maine New Mexico Massachusetts 10th District Rusk San Augustine Schulenberg Shiner Shiro Silsbee Smithville Sour Lake Sugarland Texas City Timpson Trinity Victoria Wharton Woodville Atlanta Birmingham Charlotte Chicago Cincinnati Denver Jacksonville Kansas City Little Rock Louisville Memphis Nashville Oklahoma City Omaha St. Louis Baltimore Boston Brooklyn Buffalo Cleveland Detroit Los Angeles Minneapolis New York City Philadelphia Pittsburgh Richmond San Francisco St. Paul Louisiana 6th District Helena Portland Salt Lake City Spokane Alabama Arkansas Florida Georgia Illinois Indiana Iowa Kansas Michigan Mississippi Missouri Nebraska Oklahoma 10th District Wisconsin New York North Carolina Ohio Pennsylvania Rhode Island South Carolina Tennessee Vermont Virginia West Virginia Arizona 12th District California Montana Wyoming Idaho Nevada North Dakota Oregon South Dakota Utah Washington REFERENCES f —United States Treasury Checks and Warrants should be listed in a special cash letter containing only such items. t— Matured Interest Coupons as shown herein, should be listed on the proper forms, 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 the City of Houston and Post Office Money Orders drawn on or by Houston Post Office. 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 $500.00 or more will be received up to 1:45 P. M. on Saturday, and 3:45 P. M. on other days when listed in special letters containing only such items.) 2:00 P.M ............................. Matured Interest Coupons as shown herein. United States Treasury Checks and Warrants. (Saturday 12:00 m.) (Except that United States Treasury Checks and Warrants of $1,000.00 or more, will be received up to 3:00 P. M. on business days other than Saturday, when listed in special letters containing only such items.) 3:00 P. M......... ................... Cashier’s Checks and Expense Checks of all Federal Reserve banks and branches. (Saturday 1:00 p. m.) Drafts on Federal Reserve Bank of Dallas or branches. Federal Reserve Exchange Drafts. TIME SCHEDULE----SAN ANTONIO BRANCH FOR ITEMS DRAWN ON POINTS I N AVAILABILITY 11TH DISTRICT Immediate Credit 1 Business Day After Receipt 2 Business Days After Receipt O T H E R DISTRIC TS San Antonio— (Except South San Antonio. See 2-day schedule.) Post Office Money Orders drawn on or drawn by San Antonio Post Office. Cashier’s Checks and Expense Checks of all Federal Reserve banks and branches. fUnited States Treasury Checks and Warrants. ^Matured Interest Coupons from securities of the United States Government, Federal Farm Mortgage Corporation, Home Owners’ Loan Corporation, Consolidated Fed eral Land Bank, Federal Land Bank, and Reconstruction Finance Corporation Notes. 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. Federal Reserve Exchange Drafts. Dallas Houston El Paso San Antonio territory, the following places: (Texas) Eagle Pass Karnes City Alamo Edinburg Kenedy Alice Elsa Kingsville Aransas Pass Falfurrias Kyle Austin Falls City La Coste Floresville La Feria Beeville Fredericksburg Laredo Brackettville George West Brownsville La Vemia Castroville Goliad Lockhart Luling Cibolo Gonzales Corpus Christi Gregory Marion Harlingen Cuero Mason Mathis Del Rio Hebbronville McAllen Donna Hondo Mercedes Mission New Braunfels Nordheim Pearsall Pleasanton Port Lavaca Poth Raymondville Rio Grande Robstown Rockport San Benito Sanderson San Antonio territory except points noted in 2-day division. 3 Business Days After Receipt 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. 4 Business Days After Receipt Eleventh District unassorted items. 5 Business Days After Receipt 6 Business Days After Receipt r~7 Business Days After Receipt See following page for references San Juan San Marcos Schertz Seguin Sinton So. San Antonio Taft Waelder Weslaco Yoakum Yorktown Birmingham Chicago Denver Kansas City Little Rock Louisville Memphis Nashville New Orleans Oklahoma City Omaha St. Louis Atlanta Baltimore Boston Brooklyn Buffalo Charlotte Cincinnati Cleveland Detroit Jacksonville Los Angeles Minneapolis New York City Philadelphia Pittsburgh Richmond Salt Lake City San Francisco St. Paul Helena Portland Seattle Spokane Alabama Arkansas Illinois Indiana Iowa Kansas Louisiana 6th District Michigan Mississippi Missouri Nebraska Oklahoma 10th District Wisconsin Colorado Connecticut Delaware Dist. of Columbia Florida Georgia Kentucky Maine Maryland Massachusetts Minnesota New Hampshire New Jersey New Mexico 10th District New York North Carolina Ohio Pennsylvania Rhode Island South Carolina Tennessee Vermont Virginia West Virginia Arizona 12th District California Montana Nevada Utah Wyoming Idaho North Dakota Oregon South Dakota Washington REFERENCES f — United States Treasury Checks and Warrants should be listed in a special cash letter containing only such items. t—Matured Interest Coupons as shown herein, should be listed on the proper forms, 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 the City of San Antonio and Post Office Money Orders drawn (Saturday 10:00 a. m.) on or by San Antonio Post Office. 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 $500.00 or more will be received up to 1:45 P. M. on Saturday, and 3:45 P. M. on other days when listed in special letters containing only such items.) 2 :00 P. M............................ Matured Interest Coupons as shown herein. (Saturday 12:00 m.) United States Treasury Checks and Warrants. (Except that United States Treasury Checks and Warrants of $1,000.00 or more, will be received up to 3:00 P. M. on business days other than Saturday, when listed in special letters containing only such items.) 3:00 P. M......- ..................... Cashier’s Checks and Expense Checks of all Federal Reserve banks and branches. (Saturday 1:00 p. m.) Drafts on Federal Reserve Bank of Dallas or branches. Federal Reserve Exchange Drafts.