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Ex-Officio W . P . 6 . H A R D I N G , GOVERNOR members PAUL M. W A R B U R G , VICE GOVERNOR F R E D E R I C A. D E L A N O WILLIAM 6 . M c AD OO A DO LP H SECRETARY OF THE TREASURY CHAIRMAN C. M I L L E R CH ARLES S. HAMLIN JOHN SKELTON WILL IAMS Comptroller of the currency FEDERAL RESERVE BOARD H. P A R K E R W I L L I s T s X f i r S l S v * S H E R M A N P. A L L E N . ASST. SECRETARY AND FISCAL AGENT ADDRESS REPLY TO W A S H IN G T O N FEDERAL RESERVE BOARD April IJj 1917 . Dear Sir: Enclosed herewith please find 25 copies of Form 38 I, revised, for reporting monthly the amounts of Federal reserve notes exchanged with other Federal reserve banks You will note that the statement calls for cumulative figures for the period beginning with January of each year, also for the inclusion of amounts of the reporting bankfs notes re turned direct to the Treasury by other Federal reserve banks, and of other Federal reserve banks1 notes returned to the Treas ury by the reporting bank. Please discard the use of the old form and, beginning with April, 1917; report on revised form, giving in addition to the monthly figures the cumulative figures for the period Jan uary 1, to the end of the report month. Respectfully, Assistant Secretary
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