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S-315

Reg. W-4-1
INTERPRETATION OF LAW OR REGULATION
(Copies to "be sent to all Federal Reserve Banks)
September 3, 1941
TELEGRAM
Young - Boston
Sproul - New York
Williams - Philadelphia
Fleming - Cleveland
Leach - Richmond
McLarin - Atlanta

Young - Chicago
Davis - St. Louis
Peyton - Minneapolis
Leedy - Kansas City
Gilbert - Dallas
Day - San Francisco

The classification "Heating stoves and space
heaters designed for household use" includes gas-fired floor
furnaces even though they are permanently built into the
floor. This classification also includes small portable
electric heaters.




(Signed) Chester Morrill
Morrill