Full text of Mimeograph Letters and Statements of the Board : Letter From E. L. Smead, Chief, Division of Bank Operations, re Functional Expenses, First Half, 1928, Number St. 5892, Volume 29, Page 417

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FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE TO
T H E FEDERAL RESERVE BOARD




September 8, 1928,
St. 5592.

SUBJECT:

Functional Expenses
F i r s t Half, 1928.

Dear Sir:
There are enclosed herewith

copies

of the consolidated Functional Expense exhibit f o r
the h a l f year ending June 30, 1928.

A copy of the

e x h i b i t i s a l s o being mailed to the Governor of
the bank.
Very t r u l y yours,

S. L. Smead, Chief,
Division of Bank Operations.

Enclosure.

LETTER TO CHAIRMAN OF EACH FEDERAL BE SERVE BASK*