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384

BOARD OF GOVERNORS
OF THE

FEDERAL RESERVE SYSTEM

S-I103

WASHINGTON
ADDRESS

OFFICIAL C O R R E S P O N D E N C E
TO THE

BOARD

December 10, 19^1

Dear Si
There have been forwarded to you today under separate cover
the indicated number of copies of the following forms, a copy of each
of which is attached hereto, for the use of State bank members and
their affiliates in submitting reports as of the next call date:
Number of
copies




Form F.R, 105 (Call 89, Revised December 19^1), Report
of condition of State bank member.
Form F.R. 105b (Revised August 1939), Loans and advances to affiliates and investments in, and loans
secured by, obligations of affiliates.
Form F.R. 105e (Call 89), Publisher's copv of report
of condition of State bank member.
Form F.R. 105-i (Schedule A.l, Revised December 19*il),
Personal and rotail instalment paper.
Form F.R. 220 (Revised August 1935)» Report of affiliate
or holding company affiliate.
Form F.R. 220a (Revised December 193s), Publisher's
copy of report of affiliate or holding company
affiliate.
Form F,R. 220b (Revised February 1938), Instructions
for preparation of reports of affiliates and holding
company affiliates.

385
With the exception of form 105~i» a nd Schedule B of form
F.R# 105> no changes have been irade in any of the forms listed above
since the last time they were used.
In form 105-i item 1 has been changed to segregate retail
instalment paper arising from sales of automotive vehicles from other
retail instalment paper. Item 2 in this form has been changed to exclude loans for the purpose of financing new construction (so-called
"Classes 2 and 3** of F.H.A. Title I loans), and to include repair and
modernization instalment loans other than those insured under Title I
of the National Housing Act* * A note has been added to the instructions on this form which, it is hoped, will assist the banks in properly reporting their personal and retail instalment paper in Schedule A
of the call report. The Comptroller of the Currency is asking national
barks and the Federal Deposit Insurance Corporation is asking insured
nonnember banks to report their holdings of personal and retail install
ment paper. It will not be necessary, however, for your bank to examine
the schedules submitted by national banks as was done on the last June
call; this, together with any necessary correspondence, will be handled
by the Comptroller's office.
In Schedule B of form F.R. 105 provision has been made for
reporting the par value, in addition to the book value, of United
States Government obligations, It is suggested that this section of
the report bo carefully scrutinized to see if the par values reported
appear to be consistent with the book values.
In addition to the preliminary summary of asset items 1 to 5,
by classes of banks, which is now furnished the Board within three weeks
after the call is made, please frrnish at the same time corresponding
summary figures of the aggregate par values of Government securities as
reported in the new left-hand column opposite item 1 in Schedule B.
Such data should also be furnished as of future call dates.
Very truly yours,

L»
3) the a,
Assi start Sccretary.

Enclosures 7

TO TEE PRESIDENTS OF ALL FEDERAL RESERVE BAkKS