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FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board February 11, 1932 B-676. SUBJECT: Earnings and Exoenses of F e d e r a l Reserve Banks - 1931 Dear S i r : There i s enclosed h e r e w i t h f o r your conf i d e n t i a l u s e , pending i t s p u b l i c a t i o n in the February F e d e r a l Reserve B u l l e t i n , a copy of a s t a t e m e n t , B-6G3, showing the e a r n i n g s , expenses, e t c . , of each Federal r e s e r v e bank during the c a l e n d a r year 1931. Very t r u l y y o u r s , E. L. Smead, C h i e f , D i v i s i o n of Bazik O p e r a t i o n s . Enclosure. TO ALL GOVERNORS & F . R. ABETS.*
@FedFRASER