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1054 E x OFFICIO MEMBERS CARTER GLASS SECRETARY OF THE TREASURY CHAIRMAN W. P. 6 . HARDING, GOVERNOR ALBERT STRAUSS, VICE GOVERNOR ADOLPH C. MILLER CHARLES S . HAMLIN HENRY A. MOEHLENPAH FEDERAL RESERVE BOARD JOHN SKELTOH WILLIAMS COMPTROLLER OF THE CURRENCY ADDRESS REPLY TO W. T. CHAPMAN. SECRETARY R. G. EMERSON, ASSISTANT SECRETARY W. M. IMLAY, FISCAL AOENT WASHINGTON FEDERAL RESERVE BOARD December Sr 193-9 St.743 SUBJECT: Loans of r e p o r t i n g member banks secured by Government war o b l i gations . Dear S i r : . There i s enclosed herewith a copy of the Board's weekly statement showing, a s of November 21 and 28# 1919# loans of r e p o r t i n g member banks i n each Federal Reserve D i s t r i c t a s well a s i n each Federal Reserve Bank c i t y , secured by ( l ) L i b e r t y bonds, (2) Victory n o t e s , (3) Treasury c e r t i f i c a t e s . This s e g r e g a t i o n of loans secured by Government War o b l i g a t i o n s w i l l not be made i n the Board's weekly p r e s s statement, and as you w i l l note from the statement i t s e l f , the f i g u r e s should be regarded a s c o n f i d e n t i a l and not f o r p u b l i c a t i o n . Copies of the new statement w i l l be mailed t o your bank r e g u l a r l y each week. Yours very t r u l y , Assistant Secretary (Enclosure) COPY OF THIS LETTER SENT TO CHAIRMAN OF EACH FEDERAL RESERVE BANK.