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FEDERAL RESERVE BOARD
WASHINGTON

X-3U3S
June 13, 1922.
SUBJECT:

Credit Statement Forms.

Dear Sir:
The Board has recently received a letter from
Mr. 0 . H. Boies, Statistician of the A s s o c i a t i o n of L i f e
Insurance Presidents, requesting information as to whether
or not all Federal Reserve Banks include inquiries in their
credit statement blanks regarding the amount of insurance
carried b y makers of paper offered for rediscount.
In order to enable the B o a r d to answer this inquiry, it w i l l b e appreciated if y o u w i l l f u r n i s h u s at
your early convenience w i t h three sets of the credit
statement forms used in connection with rediscounted
paper drawn b y individuals, firms, or corporations. In
forwarding these forms to the Board, kindly state w h e t h e r
o r n o t t h e f o r m s call f o r i n f o r m a t i o n r e g a r d i n g t h e a m o u n t
of fire and life insurance carried, and in the case of
l i f e i n s u r a n c e w h e t h e r t h e n a m e o f t h e b e n e f i c i a r y is
called for.
In case the
Board are modified in
fied statement should
its files m a y b e kept

credit statement forms furnished the
the future, three copies of the modibe furnished the Board in order that
u p to date.
Very truly yours,

Walter L. Eddy,
Assistant Secretary*

TO ALL F. R. AGENTS.