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FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board X-8088 October 20, 1934. Dear S i r : The B o a r d ' s l e t t e r of October 6, 1934, X-8046, r e f e r r e d t o t h e i n s t r u c t i o n s t o esgaminers r e g a r d i n g the c l a s s i f i c a t i o n of i n d u s t r i a l loans made under t h e p r o v i s i o n s of s e c t i o n 13(b) of t h e F e d e r a l Reserve Act# The i n s t r u c t i o n s r e f e r r e d t o l o a n s which have been t r a n s f e r r e d i n whole or i n p a r t t o a F e d e r a l r e s e r v e bank, or i n conn e c t i o n with which a F e d e r a l r e s e r v e bank has extended a commitment I t i s r e q u e s t e d t h a t i n each r e p o r t of examination made by your examiners a l l such loans be l i s t e d i n a s e p a r a t e s c h e d u l e immediately f o l l o w i n g supplemental pages 6, t o g e t h e r w i t h a summary of t h e p e r t i n e n t c r e d i t d a t a r e g a r d i n g each l o a n . In accordance w i t h p r e v i - ous i n s t r u c t i o n s , however, t h e only c l a s s i f i c a t i o n of such loans should be as t o a p p a r e n t l o s s e s # http://fraser.stlouisfed.org/ TO ALL Federal Reserve Bank of St. Louis Very t r u l y y o u r s , L. P# Bethea A s s i s t a n t Secretary# FEDERAL RESERVE AGENTS.