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FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board April 11, 1931. B-306. SUBJECT: Functional Expenses, Second H a l f , 1930. Dear Sir: In the Functional Expense exhibit for the second half of 1930 forwarded to you with our l e t t e r B-278 of March 17, the average number of no member "banks instead of a l l "banks was given under the heading "Average number of "banks on par l i s t . " Accordingly we have revised page 37 and are enclosing herewith copies which may "be substituted for the corresponding page in the exhibits furnished you. Very truly yours, E. '1. Sine ad, Chief, Division of Bank Operations. Enclosures. TO CHABMSH OF ALL FEIE3AL RESERVE BAMS*
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