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W. P. G. HARDING, GOVERNOR EX-OFFICIO MEMBERS "' I ALBERT STRAUSS, VICE GOVERriOR ADOLPH C. MILLER CHARLES 5. HAMLIN CARTER GLASS SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS SUBJECT: - W. T. CHAPMAN. ASSISTANT SECRETARY W. M. IMLAY. FISCAL AGENT REPLY TO April 25, 19ltof>DRESS :J FEDERAL RESERVE BOARD WASHINGTON ~ar J. A. BRODERICK, SECRETARY FEDERAL RESERVE BOARD COMPTROLLER OF THE CURRENCY Revision of form 3S, "Distribution, by classes, of paper ~d short-term investments held." Sir: 1Je are forwarding to you today undGr separate cover copies of fonn 38, revised as of April 12, 1919. The only change made in the body of the fonn has been the addition of new items to show acceptances bought in the open market classified according to endorsements. • May I request that you render your first report on the revised fonn as at close of business Frida¥, May 2. SPecial care should be taken to see to it that proper amounts are reported each week against memorand'tLl i tem.s "Acceptances bought from ~cceptor" and "Acceptances bearing endorsement of more than one bank or banker. " Separate reports are desired for parent '...ank:s and for each branch bank which carries earnin6 assats on its own books, and in addition a combined report from the parent bank for both parent bank and branches. Branches which carry earning assets on their own books should be supplied by the parent bank with copies of the new form. Yours very truly, .( Assistant Secretary st.353
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