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320 E:X-OFP'ICIO MEMBERS w. P. G. liARD lNG, GoVERNOR ALBERT STRAUSS, VICE GoVERNOR ADOLP!i C. MILLER CliARLES S. liAMLIN CARTER GLASS SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS COMPTROLLER OF THE CURRENCY FEDERAL RESERVE BOARD J. A. BRODERICK, SECRETARY W. T. CHAPMAN, ASSISTANT SECRETAR1 W. M. IMLAY. fiSCAL AGENT WASHINGTON ADDRESS REPLY TO FEDERAL RESERVE BOARD !Yay 27 1919. I X-1553. Subject:Transmissibn of Gold Settlement Clearing 1elegram. Dear Sir: With a view td increasing the efficiency of the leased wire system. and at the same time facilitate the handling of the Gold Settlement Fund clearing telegrams, will you kindly issue instructions to your telegraph opera.tor.&ho that, commencing with the telegram for June 9th: clearing, the narues of the Federal Reserve Banks and their branches be designated in the d~ ly Labeg messages by the following letters of the alphabet, in the order shown below: Boston (A) New York (B) Phiwelphia (C) Cleve lii.ind (D) Richmond (E) Baltimore (M) Atlanta. (F) New Orleans Chica.go St. Louis Little Rock Louisville Memphis (G) (H) ( 0) (P) (Q) Minnea:po lis (I) (N) Y..ansas City Dallas El Paso San Francisco Seattle Spokane Portland Salt I.a.ke (J) (K) (R) (L) ( S) (T) (U) (V) Under this arrangement, the operators in sen~ing the gold settlement f\ll'l.d clearing telegrams will use instead of the name of the bank a. single letter of the alphabet, which will be followed by tbe amount to be _ credited to the bank through the gold settlement f'l.'.nd clea:dng, For example: BOSTON $ (.Amount) will be shown:- A $_l.Amount) The same fonn will be used by the Washington operators in sending the daily Bepeg telegrams to the banks. For your information, there are enclosed copies of the Frinted fonns used by the Board inreceiving and sending the daily·gold settlement fund telegrams. -Kindly advise branches and acknowledge receipt.• Very truly yours, Assistant Secretary. 3'\[i...q ~...t. W. P. G. HARDING, GoVEIINOR ALBERT STRAUSS, VICE GoVERNOR ADOLPH C. MILLER CHARLES S. HAMLIN EX-OFI"ICIO MEMBERS CARTER GLASS SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS COMPTROLLER Of THE CURRENCY FEDERAL RESERVE BOARD J. A. BRODERICK, SECRETARY W. T. CHAPMAN. ASSISTANT SECRETARY W. M. IMLAY, FISCAL A&ENT ADDRESS REPLY TO WASHINGTON FEDERAL RESERVE BOARD June 6,1919. Subject: Transmission of Gold Settlement Clearing X-1553 a Telegr~ Dear Sir: Referring to our wire of May ~st requesting that instructions given in the Board's letter of May 27th, subject: "Transmission of Gold Settlement Clearing Telegrams" be disregarded, owing to the reQneei for participation in daily ~ldFund Clearing of additional branches, the Board requests that effective June 16th, the names of the Reserve Banks on the daily Gold Settlement Fund Clearing messages be designated by symbols as indicated below: Boston New York Philadelphia Cleveland Richmond B4ll timore Atlanta New Orleans (A) (B) (C) (D) (E) (EA) (F) (FA) Chicago St.Louis Little Rock Louisville Memphis Minneapolis Ka"'l sas City Denver ( q) (H) (HA) (HB) (HC) (I) (J) (JA) Omaha (JB) (K) Dallas (KA) Et Paso San Francisco(L) (LA) Seattle Spokane (LB) Portland (LC' Salt I..ake (LD) Under this arrangement the operators sending the G;oJd S:;ettlen:ent Fund <Hearing telegrams will use a single letter instead of the name of the parent Bank ccrld two letters instead of the name of the Branch, which will be followed in each case by the amount to be credited to the Bank or Branch through the (gold S;ettlement r·und c;learing. For Exaii!Ple RICHMOND amount will be shown E amount BALTIIv:ORE amount " " " EA amount The s~e form in exactly the same order will be used by the Washington operators in sending the daily Bepeg telegrams to the BanksKindly advise branches and aCknowledge receipt by wire. Very truly yours, Assistant Secretary. Letter sent to Governors of F.R. Banks.
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