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rO j Mr. .Currle FROM REMARKS: Will appreciate your analyzing the attached, giving me a report on it, I also suggest that you draft a reply for ray signature. When you have finished the report and the letter I will go over them with you. GOVERNOR'S OFFICE Toung Metis Board of Trade A DIVISION OF New York Board of Trade, Inc. 41 PARK ROW NEW YORK CITY WILLIAM H. MATTHEWS. Jr., Chairman HARRISON D. BLAIR, President EDWARD V. OTIS, First Vice-President ROBERT J. S. LA PORTE, Vice-President WM. SHERMAN GREENE. Jr., Vice-President HARRY B. HELMSLEY, Secretary GIFFORD M. MABIE, Asst. Secretary GRAY PERRY, Treasurer GEORGE L. KAPPES, Counsel CO*TUUCDT 7-1413 March 7 1935 DIRECTORS W M . H. MATTHEWS, JR. Barber, Fackenthal & Giddings Chairman JOHN J. ANTON Merchants Refrigerating Co. C. H. BERLE Honorable Marriner S* Secies, Governor, Federal Reserve Boardf Washington, D*C» Innis, Speiden & Co., Inc. HARRISON D. BLAIR Chemical Bank & Trust Co. JARRETT H. BOYS Wholesale Dry Goods Institute BERNARD P. DAY Joseph P. Day, Inc. THOMAS DENNY Dear Sir: We enclose for your attention a copy of a recent report submitted by our Banking and Investment Committee, and a resolution passed by our Board* Thomas Denny and Co., Inc. USTAVE DRESCHER arine, Midland Trust Co. B. FLEMING Equitable Life Assurance Society of U.i'. WILL P. GRANT Penn Mutual Life Insurance Co. WM. We trust that the result of our study and consensus of opinion will be of interest to you and receive your thoughtful attention* Faithfully yours, SHERMAN GREENE, JR. Hervey, Barber and McKee HARRY B. HELMSLEY Dwight, Voorhis and Perry GEORGE L. KAPFES Attorney-at-lav) ROBERT J. S. LA PORTE Asbestolith Mfg. Co., Inc. GEORGE J. LYONS New York Telephone Co. GIFTORD M. MABIE Mabie Tailors, Inc. HARMON MARTIN National City Bank of N. Y. L. G. MOORE, JR. General Electric Supply Corp. CotTRTLANDT OTIS Otis, Jones and Co. EDWARD V. OTIS British Type Investors, Inc. DONALD H. OWENS Ream, Wrightsen & Co., Inc. GRAY PERRY Larkin & Petersen ALLEN H. SEED, JR. City Club of New York LEWIS C. SHERIDAN Broker THOMAS W. SWEENEY H. Mosenthal & Son, Inc. o: WRENCE A . TASSI entral Hanover Bank & Trust (J*. >HN B. WATMNS, JR. John B. Wathins Co. HDB/r HlRRISON D. BLAIR, President