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FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE T O THE FEDERAL RESERVE BOARD April 1.3. 1928 s t . 5745. SUBJECT: Condition of Member Banks a s of February 23, 1928. Dear S i r : For your i n f o r m a t i o n t h e r e i s enclosed h e r e w i t h a p r e l i m i n a r y statement r e g a r d i n g the c o n d i t i o n of a l l member banks combined as of February 28, 1928. The B o a r d ' s Member Bank Call Report (No. 39) showing d e t a i l e d f i g u r e s f o r a l l member banks and f o r S t a t e bank members w i l l be ready f o r d i s t r i b u t i o n in the near f u t u r e . Very t r u l y yours, E. L„ Smead, C h i e f , Division of Bank Operations Enclosure. LETTER TO ADD F^IFBAL BE5ERVE AGEFTS*