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RUDOLF S HECHT. CHAIRMAN I H I B E R N I A NATIONAL NEW ORLEANS LA FIRSTVItE PRESIKNT HhBkf?Ti/ FLEMING,P»CSlJ R/i <* Cl S NATIONAJt B/ RONALD RANSOM 1 XECU1IVE. VICE PRESIDENT FULTON NATIONAL BANK ATLANTA G E O R G I A C H A I R M A N M P CALLAWAY VICE PRESIDENT GUARANTY TRUST CO NEW YORK, N Y OMA3 C HENN1NGS WASHINGTON, D C .PRESIDENT MERCANTILE-COMMERCE BANK * TRUST CO LOUIS MISSOURI M E.HOLDERNESS VICE PRESIDENT FIRST NATIONAL BANK ST LOUIS, MISSOURI C J KIRSCHNER VICE PRESIDENT MARKLE BANKING « TRUST CO HAZLETON, PA G E O R G E V MC L A U O H L I N PRESIDENT BROOKLYN TRUST COMPANY BROOKLYN,N Y MELVIN ROUFF VICE PRESIDENT HOUSTON NATIONAL BANK HOUSTON,TEXAS M.G S H E N N A N VICE PRESIDENT FIRST NATIONAL BANK W I L K E S - B A R R E , PA. LEVI P S M I T H VICE PRESIDENT BURLINGTON SAVINGS BANK BURLINGTON VT SECOND VICE PRESIDENT TOMK SMITH, PRES i D I 22 EAST 40T_H STREET NEW YORK.N.Y. BRANCH OPFICC COLORADO BUILDING, WASHINGTON, D C CABLE ADDRESS BOATMEN'S NATIONAL B/ ST LOO IS. MO TREASURER HAL Y L E M O N , VICE PRESIC NATIONAL BANK OF DETRj DETROIT, MICHIGAN EXECUTIVE MANAGER r N SHEPHERD "ABANTNEWYORK Atlanta, Georgia May 6,1955. J r SULLIVAN , JR VICE PRESIDENT CROCKER FIRST NATIONAL BANK SAN F R A N C I S C O , C A L I F D <J N E E D H A M GENERAL COUNSEL,A B A 22 EAST*0™STREET,JtEWYORK,N Y.SECRETAR Honorable Marriner S. Ecdes, Governor, Federal Reserve Board, Washington, D. C. Dear Marriner: Please pardon my delay in not having sooner acknowledged your letter of April 22nd, giving me the memorandum regarding real estate loans about which we were talking, "When I returned from Washington about two weeks ago, I was feeling quite badly and since then have been under Doctor's orders and have not at all kept up with my mail. I trust you will pardon my delay in this respect. I have read the memorandum and also the schedule of Federal Reserve Bank credit outstanding with great interest. Sincer RR/ac airman •ral Legislation.
@FedFRASER