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353
FEDERAL RESERVE BOARD
washington
ADDRESS OFFICIAL CORRESPONDENCE T O
T H E FEDERAL RESERVE BOARD

ITovember 18, 19 29
s t . 6372.
SUBJECT: 1930 Budget for S t a t i s t i c a l
and Analytical Work.

Dear Sir:
I t will bo appreciated if you will kindly prepare and submit to the Board for approval a budget of
expenditures covering work in the S t a t i s t i c a l and Anal y t i c a l Function of your bank (including branches, if
any), to be carried on during the year 1930. The budget which should reach the Board as soon as p r a c t i cable a f t e r January 1, should be submitted in accordance with the attached f orm which corresponds with
the functional expense report., form E, and which provides for showing in p a r a l l e l columns the budget approved for and amounts actually expended during 1929
and the proposed budget f o r the calendar year 1930.
Very truly yours,

E. M. McClelland,
Assistant Secretary.

Enclosure.

TO ALL FEDERAL BJESEBVE AGENTS