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,'~·- EX OPPICIO MKMUU W. P. Gl. HARDING. GOVERNOR ALBERT STRAUSS. VICE GOVERNOR ADOLPH C. MILLER CHARLES B. HAMLIN CARTER GLASS. SICRnARY OF THE TREASURY CHAIRMA. HENRY 'II. MOEHLENPAH FEDERAL RESERVE BOARD JOHN SKELTON WILLIAMS COMPTROLLIR OF THI CURRINCY W. T. CHAPMAN. SECRETARY R. G. EMERSON, ASSISTANT SICRITARY ADDRESS REPLY TO FEDERAL RESERVE BOARD W.II.JMLAY, FIICAL ACIHT WASHINGTON Febr~ry 11, 1920 5».914 SUBJECT: Charts showing movement of principal earning assets, deposit and note liabilities, and cash reserves, 19191920. Dea.r Sir: We are forwarding to you today under separate cover two copies e~ch of charts showing the movement of (1) Net deposit and note 1i~bilities, also cash reserves, and (2) Principal classes of earning ~ssets, of all Federal Reserve Darks durin; the period January 1, 1919 to January 16, 1920. One of the sets is intended for your use and the other for the use of the Governor. All the infor.nation re~uired to continue the several curves for the rsmainder of the p~esent ca.hndar year will be obtainable from the Board's regular weekly published statements. Yours very truly, Assistant Secretary. (Letter sent to Chairman of each F. R; ~arik.)