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,I'

FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OI"FICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE SOARD

X-3912

,

Receipt is aclmowledgsd of your remittance
amounting to $

, covering subscriftion to the Fed-

eral Reserve Bulletin.
The subscription price of the Bulletin, effective with th:;; January 1924 issue• is reduced from
$4.00 to $2.00 per annum.

Your reGJitta.nce is therefore

returned 1vith the request that you send yO'n' check, payable to the order of the Federal Reserve Board, to cover
subscription at the rate of $2.00 per annum.
Very truly yours,

J. C. :Hoell,
Assist~nt




Secretary.