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Ex OP'FICJO MEM88R8

W. P. G. HARDING, GOVIRHOit
ALBIRT STRA~SS, VICE &OVIRNOR
ADOLPH C. MILLER
CHARLES S. HAll LIN
HENRY A. MOEHLENPAH

CARTER GLASS
SICRITARY OJI' THE TREASURY
CHAIRMAN
JOHN SKELTON WILLIAMS
COMPTROLLER OF THI CURRENCY

FEDERAL RESERVE BOARD

W. T. CHAPMAN, SECRETARY
R. G. EMERSON, ASSISTANT SECRETARY
W. M.IMLAY, FISCAL. AGENT

ADDRESS REPLY TO

FEDERAL RESERVE BOARD

WASHINGTON

J::m·nry 14, 192C.
St.854
SUBJ~CT; "0a1::'1y

flea t s t1. terr.ent. ·

De3.r Sir:
Tbor0 are <mclosod. horewi th t·;:o copies of tha :Board 1 s
flo1.t st3..t3ment coverin~ the wo0l:ly perio•.: en.lin-s December
12, 1919.

Th-3 st1.tament lns been revised so a.s to show avera;e

i:~.ily fi~ures

instaai of Fri·i.::~.y ni --;ht fi :;ures as heretofore.

This chan:-; ..J is in COl!lpliance with th0 recomr.:and.ation of the
transit ffi3.n3.;ers
1919.

3.

t tr.eir conference hold at Cleve1an'i in June,

A co1ucm h3.s ''llso ba..3n ::1d~l0l to show the a.vera;e d3-ily

amount of uncollected. items creditcl to the U.

s.

Treasurer's

c;ener1.l 3.Ccount, in order that the portion of the averaze float
carriei by tha sever:1.l Feder1.l R3serve b:mks which is a.ttributable to this source rr.:1.~r be known.
Vel.jT trul~r

yours,

Assistant

Enclosures.



Secreta~J·