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222 BOARD OF GOVERNORS R-105 CF" THE FEDERAL RESERVE SYSTEM WASHINGTON ADDRESS OF"F"ICIAL CORRESPONDENCE TO THE BOARD November 5, 1957. SUBJECT: Recent Ruling of the Board of Governors Regarding Savings Deposits. Dear Sir: For your information there is inclosed herewith a copy of a telegram addressed to the Board by the First Vice President of the Federal ResGrve Bank of Dallas and a copy of our reply thereto with regr:rd to the incorporation in a general circular to member banks of the ruling attached to the Board's letter of October 50, 1937, S-41. Very truly yours, L. P. Bethea, Acsistnnt Secretary. '£0 PRESIDENTS OF ALL FEDERAL P.ESER.VE B.ANKS 223 R-105-a. TELgGRAM Le&sed Wire Service Received at Washington, D. C. 1957 NOV 5 PM 12 25 DALLAS NOV 5-57 MOHRILL WASHINGTON As ruling of Board e.ttuchod to letter S·-41 is in effect footnote or supplement to Regu.lation Q and therefore of particul11.r interest to many membE:r banks please advise whether Board has ar:y obj cc tion to our incorporating entire ruling in general circular. Ev.Jn though ruling will be published ln November Bulletin think lt may receive attentiun more promptly if tran:::;mitted in circular form. GILBERT 224 R-105-b TELEGRAM BOARD OF GOVERlJOR3 OF 'IHE FEDERAL RE3ERVE SYSTN~ Washington November 3, 1937. GILBERT - DALLAS Referring to your wire this dat8, thoro is no objection to incorporating entire ruling attached to Board's letter of October 30, 1937, S-41, in general circul~r to yomq mumbcr banks. (Signed) Cheater Morrill MORRILL
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