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313 BOARD O F G O V E R N O R S OF THE FEDERAL RESERVE SYSTEM WASHINGTON a d d r e s s official c o r r e s p o n d e n c e t o t h e b o a r d ******** June 6, 1939 B.-477 Dear Sir: Referring to the Board's letter R-380 of January 6, 1939 > following is a statement of changes during May in the list of nonir.ember banks that have in force agreements with the Board pursuant to the provisions of Section 8(a) of the Securities Exchange Act of 1934: Addition California Oakland Farmers and Merchants Savings Bank of Oakland Veiy truly yours L . P. Bethea, Assistant Secretary TO THE PRESIDENTS OF ALL FEDERAL RESERVE BANKS.