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218 BOARD OF GOVERNORS OF' THE FEDERAL RESERVE SYSTEM WASHINGTON R-345 ADDRESS OFFICIAL CORRESPONDENCE TO THE SOARD November 18, 1938 SUBJErTa Data for 1938 Annual Report of the Board of Governors of the Federal Reserve System Dear Sir: It will be appreciated if you will kindly furnish us, not later than January 151 1939, with the following data for use in the Board's forthcoming annual report: 1. Statement showing the number of member banks in each State (or part of State in the district) accommodated throu;;h the discount of paper during each month of the calendar year 1938 and during thG year as a whole. 2. Statement showing the following information as of December 31, 19381 Number of member banks in operation Natione.l banks State bank members Number of nonmember banks on the par list Nonmember State banks (exclusive of mutual savings banks) Private banks Number of nonmember banks not on the par list Nornnember State banks (exclusive of mutual savings b<nks) Private banks 3. Statement shovring the names and locations of banks (including private banks) not on tho par list on December 31, 1937, which during 1938, (1) went out of existence (oth.Jr than through conversion into or succession by natio:1'; 1 banks) (2) wore converted int.o or succoodod by national banks (3) wore admitted to Federal Rosorve membership (4) wore added to par list (other than through membership) 219 - 4. 2 Statement showing the names and locations of banks (including private banks) which became non-par banks during 1938 through (1) primary organization of non-par banks (2) conversion of national baru<s into or succession by nonmember non-par banks (3) withdrawal of State banks from Federal Reserve membership (4) withdrawal of nonmambor banks from par list The figures of banks on tho par list and not on the par list on December 31, 1938, should include all banks on which checks are drawn. Statement No. 2 should show separate figures for each State or part of State in the territory assigned to the head office and to each branch, if any. The total figures for each State or part of State should be recon- oiled with the latest State banking department abstract of condition reports and the Board advised of the n~es and locations of the banks which account for any differences between the number of banks shown in your statement and in the State banking department abstract. A copy of the reconcilement should accompany the statement showing the number of nonmambor banks on pnr list and not on par list, unless the reconcilement would delay the furnishing of the statement beyond January 15, in which case the statement should be forwarded before the reconcilement is effected and the Board advised of any necessary changes in the statement at the ttme tho reconcilement is furnished. E. L. Smead, Chief, Division of Bank Operations. TO TBE PRESIDENTS OF ALL FEDERAL RESERVE BANKS