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ORIGINAL SENT VIA AIR MAIL F E D E R A L R E S E R V E BANK OF SAN FRANCISCO January 25, 1910 Mr. Marriner S. Eccles, Chairman, Board o f Governors of the Federal Beserve System, Vaahington, E1. C. Dear Mr. Lccleas R e f e r r i n g t o the conversation we have j u s t hsd on tiie telephone, I am e n c l o s i n g , f o r tha Board's f i l e s , e copy of a l e t t e r which we have received f r o a \ the Bank o f America N. T. It S. A ^ - d a t e ^ J a n u a r y and a copy of our r e p l y , together w i t h a £opy of the \ / / \ \ bank's pro i'orma stateaaent i n \ w h i c h they' set f o r t h t h e i r proposed segregation o r u s s e t s f o r the new s t a t e member jank, * h i c h they enclosed f o r ou^i i n f o r m a t i o n , and a copy / o f the l a s t \ n i b l i s h e d r e p o r t o f t h e i r statement o f c o n d i - Very t r u l y yours, C / v C u L ^ J r t , : // President Enclosures—A