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EX~OFP'ICIO
..
314
MEMBERS
W. P. G. HARDING, GoVERNOR
ALBERT STRAUSS, VICE GoVERNOR
ADOLPH C. MILLER
CHARLES S. HAMLIN
CARTER GLASS
SECRETARY OF THE TREASURY
• _ CHAIRIIA.N
JOHN SKELTON WILLIAMS
COMPTROLLER OF THE CURRENCY
FEDERAL RESERVE BOARD
J. A. BRODERICK, SECRETARY
W. T. CHAPMAN. ASSISTANT SECRETARY
W. M. IMLAY, FISCAL' AGENT
WASHINGTON
ADDRESS REPLY TO
FEDERAL RESERVE BOARD
May 22, 1919.
X-1546
...
Subject:Campaign for State Bank Members.
Dear Sir:
The following is confirmation of telegram sent you today:
"During the year 1918. six hundred and eighty-six
State institutions were admitted to rrembership, ninetyone banks have joined the system since January first, 1919.
With the Victory Loan ca.inpaign finished ani favorable legislation enacted in many States, the ]oa.L~d ~elieves the present
to be an opportune time to start an aggress:i.ve campaign for
new members. A dri1/e for addiUons to the par list is already
under way.
"Solvent State banks whic~ you believe would make desirable
members should be approachei either by correspondence or by a
personal visit of a reprepentative of ym.1r bank who is fully
familiar with all the departments of the Reserve Bank and the
various ways in which se!'Vice may be I·end.ered to rr.erobex- b.a.r..ks.
"Officers and employee3 of b;•an0he:'l should be used. and
directors should be a~ed to give en;~ou:..'agerrent and suppo:r."t
to the campaign in branch territory. The ccopera.thm of officers
of large member banks shcul~ be rAquested. ~ne Board believes an
aggTessive campaign w:i.ll produce excellF?.nt ree;u). ts a.-1d desires
to be kept informed as to the progress made".
For your information there is enclosed a statement s:howing
the number of State institu.tions membgrs of th3 Federal B.eserve System
by Districts and by States as of January 1, 1918, January 1, 1919, and.
May 20, 1919.
Very truly yours,
Assistant Secretary.
(
I'('-
.
315
'
TABLE SHOWING NUMBER OF STATE INSTITUTIONS, MEMBERS OF TIIE
FEDERAL •RESERVE SYSTEM, BY STATES AND DISTRIC'.£15.
****•
Ja.nua.ry l, 1918
4
0
0
0
l
2
Alabama
Arizona.
Arkansas
California.
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Iddho
Illinois
Indi.:ma
Iowa.
K:msa.s
Kentucky
Louisi.a.rw.
:._
~
~ine
.Maryl..md
Ma-ssachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana.
Nebraska.
Nevada.
New Thlm_pshire
New Jersey
New Mexico
New York
North Carolina.
North l).;l.kota
Ohio
Oklahoma.
Oregon
Pennsylvani.:~.
.
Rhode Isbnd
South Ca.rolinu.
South D....kotd.
Tennessee
Texas
Utah
Vermont
Virginia.
Washington
West Virginia
Wisconsin
Wyoming
Total
January 1, 1919
11
3
10
4
3
6
3
l
l
1
2
7
2
24
3
10
4
3
0
3
11
35
6
1
10
4
2
0
0
7
0
39
0
3
10
0
3
8
1
5
1
1
11
0
0
4
9
1
5
0
250
13
4
15
4
4
6
4
1
8
8
18
27
71
19
33
70
23
79
l2
11
64
21
6
6
Ma.y 20, 1919
6
15
16
6
7
25
123
24
"2
22
20
9
2
2
22
117
24
2
20
17
9
0
0
29
6
75
5
5
46
6
l2
36
3
13
0
0
32
7
78
6
5
58
8
11
4o
3
14
11
l2
5
90
6
.~.
15
0
9
28
3.
31
0;..
936
102
21
0
10
28
4
32
0
1027
'"
I
••
. ·-}·,
X--~:_; ? •• ~:.
..
-2-
'
Districh.
Janu..a.ry
l, 191S
January
l, 1919
20,1919.
May
l
13
31
34
2
46
101
106
3
7
30
35
'4
15
67
80
5
14
37
41
6
20
54
58
7
72
2SS
301
s
13
44
53
9
16
10
75
10
9
.27
32
11
11
100
12
14,
81
250
936
·Total
113
I
~~
1,027
t!
@FedFRASER