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EX OFFICIO MEMBERS
CARTER GLASS
SECRETARY OF THE TREASURY
CHAIRMAN

w . P. 0 . HARDING, GOVERNOR
ALBERT STRAUSS, VICE GOVERNOR
ADOLPH C. MILLER
CHARLES S. HAMLIN
HENRY A. MOEHLENPAH

FEDERAL RESERVE BOARD

JOHN 3KELT0N WILLIAMS
COMPTROLLER OF THE CURRENCY
A D D R E S S REPLY TO
FEDERAL RESERVE BOARD

W. T. CHAPMAN, SECRETARY
R. G. EMERSON, ASSISTANT SECRETARY
W. M. INLAY, FISCAL AGENT

WASHINGTON

December

,1919-

3U1778

CONFIDENTIAL




Dear S i r
By d i r e c t i o n of the Federal Reserve Board,
I enclose f o r your information a statement c o n t a i n i n g
a l i s t of the n a t i o n a l banks i n your d i s t r i c t which
on November 17, 1919 were loaning funds i n New York
on stocks and bonds as c o l l a t e r a l d i r e c t l y and i n d i r e c t l y , The statement a l s o shows the amount, of
b i l l s payable and r e d i s c o u n t s with you, and b i l l s
payable with other banks as of the same date*
Very t r u l y yours,

Secretary.

L e t t e r to Chairmen of a l l F.R. Banks,