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466 FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO T H E FEDERAL RESERVE BOARD SUBJECT: MarCll dO 9 st. 6132 . l y c y Condition Reports of S t a t e Bank Members, form 105. Dear S i r : There a r e being forwarded to you today under s e p a r a t e cover copies of form 105. Please mail three copies of the form to each S t a t e Bank and Trust Company member i n your d i s t r i c t with the r e q u e s t t h a t the blank forms be h e l d pending r e c e i p t of a c a l l f o r condition r e p o r t s . I t i s suggested t h a t in your l e t t e r t r a n s m i t t i n g the blanks you c a l l the banks' a t t e n t i o n to the i n s t r u c t i o n s p r e v i o u s l y f u r n i s h e d governing the p r e p a r a t i o n of the c o n d i t i o n r e p o r t s , so t h a t if any bank has m i s l a i d i t s copy of the i n s t r u c t i o n s L*.nocher copy may be promptly f u r n i s h e d f o r i t s use, Upon r e c e i p t of n o t i c e from the Board of the c a l l f o r c o n d i t i o n r e p o r t s , k i n d l y n o t i f y the banks thereof by mail and request them to f i l l out the r e p o r t s and mail them to you promptly in no case l a t e r than 10 days a f t e r r e c e i p t of the c a l l . The procedure f o l lowed a t the time of the l a s t c a l l , o u t l i n e d in the Board's l e t t e r S t . 5930 of October 1. 1928, should again be observed i n examining the r e p o r t s and forwarding them to the Board. In the B o a r d ' s l e t t e r S t . 6023 of December 27, s u b j e c t "Revision of Weekly Momber Bank Condition Statement, Form S t . 51" i t was requested t h a t whenever a c a l l f o r c o n d i t i o n r e p o r t s was i s s u e d , the weekly r e p o r t s , form St. 5 l - a , be compared with the c a l l r e p o r t s (of both National and S t a t e bank members) in order to make sure t h a t the f i g u r e s a r e being submitted on the same b a s i s . A f t e r t h i s comparison has been made, a t the time of the next c a l l , i t i s suggested t h a t the Board be advised of any m a t e r i a l d i f f e r e n c e s t h a t are found, t o g e t h e r with an explanation of the d i f f e r e n c e s and of the a c t i o n taken to r e c o n c i l e the two r e p o r t s . The Board a l s o requested in i t s l e t t e r St. 6064 of January 21, 1929, t h a t the q u a r t e r l y c a l l r e p o r t s be compared with the semi-weekly, weekly or semi-monthly r e p o r t s of d e p o s i t s submitted to the Fede r a l r e s e r v e banks f o r reserve computation purposes, i n order to make sure t h a t the l a t t e r a r e b e i n g prepared c o r r e c t l y . I t w i l l be a p p r e c i a t e d i f the Board i s advised of o u t s t a n d i n g d i f f e r e n c e s between the two r e p o r t s and of any a c t i o n taken with r e f e r e n c e t h e r e t o . DigitizedLETTER for FRASER TO ALL F . Very t r u l y yours, J . C. N o e l l , Assistant Secretary. R. AGENTS
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