The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
303 BOARD OF G O V E R N O R S OF THE E-732 FEDERAL RESERVE SYSTEM WASHINGTON ADDRESS OFFICIAL C O R R E S P O N D E N C E TO-THE BOARD ******* November 18, 19li0 Dear Sir: It will be appreciated if you will mail to the Board as soon as practicable after January 1 a copy of the budget approved by your bank for its head office and each of its branches, if any, and for the head office and branches combined, for the calendar year I 9 I 1 I . It will also be appreciated if the I9J1I budgets furnished to the Board are prepared along functional lines in accordance with the sample form, R~732a, attached, totals for each function being shown as in the functional expense report, Form E. Please also submit statements on Form R-7?2b and R-732c showing the itemization of the budgets of the statistical and analytical and bank examination functions. In addition kindly prepare and statement a memorandum setting forth in principal increases and decreases in the as compared with actual expenses during submit with each budget general the reasons for the budget estimates for 1 9 I 1 I 19l'.0, A supply of forms R»732a, R-732b, and R~732c is enclosed. Very truly yours, L. P. Bethea, Assistant Secretary. Enclosures TO TEF PRESIDENTS OF ALL FEDERAL RESERVE BANKS SUMMARY OF BUDGET ESTIMATES, 1941 Federal Reserve Bank of Function General overhead - Controllable General overhead - Noncontrollable Provision of space (less income and distribution) Furniture and equipment Provision of personnel General service Postage Insurance Failed banks Loans, rediscounts, and acceptances National defense Securities Currency and coin Check collection Noncash collection Accounting Legal Bank and public relations Auditing Bank examination Federal Reserve note issues Statistical and analytical Securities exchange Fiscal agency, custodianship, and depositaryJ ,iM.peusti uub remourSSDXe Foreign TOTAL (column 1 must agree with Form E) (indicate whether head office, branch or "combined" report) Expenses, Year 1940 Budget, Year 19-41 205 R-732b STATISTICAL AND ANALYTICAL BUDGET, 194-1 Federal Reserve Bank of (indicate whether head office, branch or "combined" report) Expense Unit Year 19/0 Budget, Year 1941 1. Statistical: a. Salaries - Officers* b. Salaries - Employees c. Retirement system contributions for current service d. Traveling expenses e. Printing, stationery, and supplies f. Telephone and telegraph g. Postage and expressage h. All other TOTAL 2. Monthly letter: a. Printing and stationery b. Postage and expressage TOTAL 3* * Library: • a. Salaries - Officers* b. Salaries - Employees c. Retirement system contributions for current service d. Traveling expenses e. Printing, stationery, and supplies f. Telephone and telegraph g. Newspapers, periodicals, books, binding, clipping service, etc. h. All other TOTAL TOTAL, STATISTICAL AND ANALYTICAL Number of copies of Monthly Letter printed for month of December 1940 •^Indicate in a footnete the complete allocation of the time and salary of each officer whose salary is charged in whole or in part to this unit. 206 V R-732c BANK EXAMINATION BUDGET, 1941 Federal Reserve Bank of "(indicate whether head office, branch or "combined": report) Bank Examination Function Expenses, Year 1940 Budget Year 1941 a. Salaries - Officers* b. Salaries ~ Employees c. Retirement system contributions for current service d. Traveling expenses e. Printing, stationery, and supplies f. Telephone and telegraph g» Copies of bank examination reports h. All other TOTAL DEDUCT - EXPENSES CHARGED AGAINST BANKS EXAMINED NET TOTAL, BANK EXAMINATION ^Indicate in a footnote the complete allocation of the time and salary of each officer whose salary is charged in whole or in port to this function.
@FedFRASER