Full text of Mimeograph Letters and Statements of the Board : Letter From E. L. Smead, Chief, Division of Bank Operations, re Interest and Discount Rates Report Hereafter to Be Submitted Quarterly Instead of Monthly, Number S-510, Volume 56, Page 263

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263
BOARD OF GOVERNORS
S•510

OF' THE

F"EOERAL RESERVE SYSTEM.
WASHINGTON
ADDREBB Of'P'ICIAL CDRIUtaltONOI:NCIE \
TO THE 80ARD

June

17,1942

•

Dear Sir:
There is enclosed a copy of Form F. R. 296,
revised for use in reporting interest an~ discount
rates in effect on discounts, advances and p.lrchases by
the Federal Reserve Banks-. A supply of the form is ·
being :nailed your Bank tmder separate cover·.

.

In the intere$t of reducing to the extent
practicable the trequency of submi tt1ng reports to the
Board, this report should be submi t<ted quarterly -here•
arter instead of monthly, ·the first report on the re•
vife.d fortn to be submitted as of June ~. 1942 ..
Very truly yours,

. 4)




E. L. Smead,
Division of Bank

Enclosure