Full text of Mimeograph Letters and Statements of the Board : Letter From Asst. Secretary Noell re Bills and Securities of Finance and Credit Companies, Number X-4661, Volume 25, Page 94

View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies. 

_,.l'

94

FEDERAL RESERVE BOARD
WASHINGTON

ADDRESS OFFICIAL CORRESPONDENCE TO
TH.E FEDERAL RESERVE BOARD

X-4661

Auo-u.st 30, 1926.

SUBJECT:

Bills and Securities of Finance
and Crsdit Companies.

Dear Sir:
The Board in its letter.St. 4720 of
November 12 1 1925. requested that at the end of
each month a report be submitted regarding bills
and securities of finance and credit companies
held by member banks based u:pon reports of examinations and credi.t investigations received during
the month.
Since the inauguration of these monthly reports examinations or credit investigations
have been conducted in the case of practically all
member banks, and accordingly ;y·ou are authorized
to discontinue these reports beginning with the
month of Se~tenber.
Very truly yours,-

J. C. Noell,
Assistant Secretary.

TO ALL FED:@RAL ;RESERVE AGENTS




I