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Ex-Officio Members

W. P. G. HARDING. G O V E R N O R
PAUL M. WARBURG, V I C E G O V E R N O R
FREDERIC A. DELANO
ADOLPH C. MILLER
CHARLES S. HAMLIN

WILLIAM G. McADOO
Secretary of the T reasury
CHAIRMAN

JOHN SKELTON WILLIAMS
Comptroller

of the currency




FEDERAL RESERVE BOARD

H. X

o tg 3

and

W A S H IN G T O N

A $ U . I S , SECRETAR Y

SHERMAN P. ALLEN,

ASST. SEC R ETA R Y

F is c a l a g e n t

ADDRESS REPLY TO

FEDERAL RESERVE BOARD

August Z5, 1917.

Sir:
In order that the Board nay compare the
rates under which exchange is bought and sold in the
various districts., and the methods in which exchange
on other Federal Reserve Cities is handled, I shall
be obliged if you will send me the latest rules and
instructions which you have issued on this subject.
Respectfully,

Secretary