Full text of Mimeograph Letters and Statements of the Board : Letter From E. L. Smead, Chief, Division of Bank Operations, re Functional Expenses, Second Half, 1926, Number St. 5261, Volume 26, Page 487

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FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE BOARD




February 25, 1927

st. 5261
SUBJECT:

Functional Expenses,
Second Half, 1926.

Dear Sir:
There are enclosed herewith

copies

of the consolidated Functional Expense exhibit for
the half year ending December Jl, 1926.

A copy of

the exhibit is also being mailed to the Governor
of the bank.
Very truly yours,

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

Enclosure.

LETTER TO CHAIRMAN OF EACH FEDERAL RESERVE BAITK*