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<,.· FEDERAL RESERVE BOARD WASHINGTON X-3602 ... t \ Decemb.ar 29 • 1922. SUBJECT: Economy and Efficiency - Groupings of Banks for Detailed Study of Functional Oparations. Dear Sir: There is enclosed i:lerewith a list, approved by the recent conference on economlf and efficiency halQ in Chicago. showing the grouping of th~ sever:Jl F~iiera.l R.a3erva Banks under the four main functions of the banks for the purpose of a detail~d study of the opara.tions of th3sa functions with a viaw to determining the bast method.:; of conductinc:, tha same. The list also shows th::: names of chosen in each 6roup u~ar a~ch of th~ th~ rapresent-1tives four functions. One re- presentative in each of the t·,-velve groups has been desi 6nated Chairman of his group by the Boar0. 1 s Corrmittee on Economy and Ef fi c i ancy. Very truly yours, (Enclosure) Chairman. Comrd ttee on Econornw and Efficiency. X-3602a • t GB:OuPIFGS OF BJ'.FKS FOR LET:.ILED STUDY OF FUNCTIONAL OPERi..TIONS 1!fiTH A VIEW TO DETER\1INING BEST 1·ISTHODS OF CONDUCTING SAME. ----------1. .ACCOUNTING l. ,-l 2. 3· FUlJCTIO~J Ne."f York L. R. Rou:na.:o, Cr. . airman Phila;:ial:phia Cleveland Boston F. St. Louis Richmond J.tlanta Dallas Kan:.2:.s City Chicago Minneapolis San Francisco •-r .-: .. Lwold E. G. Davis r·' L::Jav1tt l:i:. '.T Hall, Chairman IJ• Grady ..:..!.~• " -·i • F. ., J!J. ,, B. Roper R. T. Fraeman •,r • A• A.. F. J, .. ·l· :-:. c. T ..W• :1c1~dams, Chairman Vogt D1Jnlop Rae a. " -< 2. CURRENCY .AND COIN 1. 2. 3· Boston New York Philad.el!Jhia Chicago Richmond Clev3land St. Louis Minneapolis Atlanta Kansas City Dallas San Francisco F. ,., Chase, C'.nairrnan Gilb:ll't R. Earl J. Hettarstrom 1'!,. ,, ;•> r .r:•• 0. ,..., V• ~ . G. H. Keesee, Cna.irman L. Bickfora. ].; H. Ifu.ill B. Moore c. . R. !11. v. i •• . ~, \I • Sir;.~;. , Cha.irman E. Park ~·/. 0. Ford i7. N. Ambrose ...... ., •• - .. - 2- 3 • LOANS; REDISCOUNTS AND INVESTMENTS 1. 2. 3· Cleveland Boston F~ J. Zurlinden, ·.Chairman New York W. V!. Paddock G. E. Chapin Philadelphia C. A. Mcilhenny Dallas Richmond Atlanta St. Louis Fred Harris, Chairman G. S. Sloan Chicago Minneapolis Kansas City San Francisco R. H. Buss, Chairman w. B. Geery G. H. Pipkin V. K. Bowman W. H. Glasgow W. M. Hale ..... . , J 4. . 'l'BANSIT ,AND COL!.ECTIONS 1. Cleveland Boston New York Philadelph.1a 2. 3· . ·.. H. F. Strater, Chairman E. H. Hult c. H. Coe J. a. Toy Kansas City E. P. Tyner, Chairman Chicago 1IJ. C • Bachman St. Louis S. F. Gilmore Minneapolis Gray W:.1I'ren San Francisco Richmond Atlanta Dallas '/!. N. Ambrose , Chairman Ed.va.ra. Waller, Jr. W. R. Patterson R. B. Coleman '~
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