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.. EX.OFFICIO MEMBERS . W. P. G. HARDING, GOVERNOR ALBERT STRAUSS, VICE GOVERNOR CARTER GLASS ADOLPH C. MILLER CHARLES S. HAMLIN 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 AGENT ADDRESS REPLY TO WASHINGTON FEDERAL RESERVE BOARD May - SUBJECT: 13, 1919 weekly report of debits to bank account at clearing house banks. Dear Sir: • An ex~ination of the reports received fran Federal Reserve Agents sho~~ng debits to bank account as reported by clearing housa managers in the various cities in their districts seems to indicate that there is a lack of uniformity among reporting banks in the compilation of these figures. It will be appreciated, therefore, i f you will ascertain fran each clearing house manager submitting repor.ts to you, the exact methods adopted by the reporting banks in compiling figures of debits to bank account • In this connection may I again call your attention to the statement on page 258 of the Board's March Bulletin, that debits to bank account should include all debits to account of banks and bankers, exclusive of (a) debits to account of Federal Reserve bank, (b) debits in settlement of clearing house balances. It is evident that the amounts of cash letters forwarded to correspondent bal"'...k:s must be included with other debits to bank account. OUr attention, however. has been called to the fact that some of the banks have not been including such figures. Will you be good enough to give this lliatter your early attention in order t:b..at any lack of unifozmi ty which may exist in the compilation of these figures may be revealed and corrected at the earliest possible date. Yours very truly, Assistant Secretary. ur. Federal Reserve Agent, st-381
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