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Ex-Officio

W. P. G. HARDING. GOVERNOR
PAUL M. W A R B U R G . VICE GOVERNOR
FREDERIC A. DELANO
ADOLPH C. MILLER
CHARLES S. HAMLIN

members

WILLIAM G. McADOO
SECRETARY OF THE TREASURY
C h a ir m a n

JOHN SKELTON WILLIAMS

FEDERAL RESERVE BOARD

COMPTROLLER O f THE CURRENCY

H.‘ PARKER WILLIS. SECRETARY
SHERMAN P. ALLEN. ASST. SECRETARY
and

Fis c a l a g e n t

ADDRESS REPLY TO

W A S H IN G T O N

FEDERAL RESERVE BOARD

April 10, 1917.
Dear Sir:
In order that we may be able to check our own
monthly compilations of acceptances bought, it will be
appreciated if your bank will furnish us, not later than
the 10th of each month, figures for the immediately pre­
ceding month showing the aggregate purchases during the
month of acceptances directly by your bank and by other
banks for account of your bank, under the following cap­
tions:
(1)

Acceptances in the foreign trade
(a) Bankers1 bills
(b) Commercial bills

(2)

Acceptances in the domestic trade
(a) Bankers' bills
(b) Commercial bills.

May we also ask you to send us, as soon as
practicable, classified figures of acceptances purchased
during March 191/.




Respectfully,

Secretary.