Full text of Mimeograph Letters and Statements of the Board : Letter From Asst. Secretary Bethea re Reports of Arrangements with Local Clearing Houses for Group Clearing of Checks Outside Federal Reserve Bank and Branch Cities to Be Requested Every Three Years, Number S-602, Volume 57, Page 195

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BOARD OF GOVERNORS
uF' THE

195

FEDERAL RESERVE SYSTEM·

S-602

WASHINGTON

ADDRESS OF"F"ICIAL CORRESPONDENCE
TO THE BOARD

Deeernbe:c 23, 1942.

Dear Sir:
Reference is made to the Board's letter of
January 17, 1927 (.St. 5236), concerning reporL1 from
Federal Reserve Banks on arranr;ementt> with loc:al cl.ear·ing homJe associations and arrangement::> for group clear-·
ing o'f cheeks out~>ide of Fedc1ral Her3erve I-3ank and bra.ncn

cities.
It Lithe Board'::. intention in the future to
request these reports about eve::·y J;-.hree yea.rs. Accord--ingly, no report need be submitted as of' ,; anu<:n'Y 1,
19~.3, and subsequently until called for.
Very truly yours,

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r--;

~-t ..tf..__.e_.~.

L. P. Bethea,
Assistant Secretary.

TO THE PRESIDF.u'JTS OF ALL FEDERAL HESERVE BAIJKS.




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