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FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE T O
T H E FEDERAL RESERVE BOARD

X-7301
November 28, 1932.

Dear Sir:
There is inclosed herewith, for your information, copy of a telegram addressed to the Cashier of
the Federal Reserve Bank of San Francisco with regard
to the transmission of messages over the main line
leased wire system for account of Regional Agricultural
Credit Corporations.

If and when Regional Agricultural

Credit Corporations in your district begin to transmit
messages over the leased wires, they should be requested to
use the AC symbol and, meanwhile, your telegraph operators
should be instructed to guard against dropping the symbol
from any messages originating in other districts which
they may relay.
Very truly yours,

E. M. McClelland,
Assistant Secretary.
Inclosure.
TO GOVERNORS OF ALL F. R. B A M S EXCEPT SAN FRANCISCO.




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COPY

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TELEGRAM

FEDERAL RESERVE BOARD
WASHINGTON
X-7301-a
November 28, 1932,

Hale - San Francisco
Referring your telegram November 16 and 21, please include telegrams
sent over main line leased wires for account of Regional Agricultural Credit
Corporations along with other reimbursable business in item three of monthly
telegraphic report requested Board's letter X-7100 February 24, 1932.

Word

count of such messages will be made by Board and bills rendered monthly
against Reconstruction Finance Corporation for account of individual Agricultural
Credit Corporations.

In order that Regional Agricultural Credit Corporation

wires may be distinguished from ordinary Reconstruction Finance Corporation
telegrams please request local corporations to use symbol AC at beginning of
date line in all messages transmitted over leased wires.

Also instruct your

head office and branch telegraph operators to transmit symbol,




McClelland.