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FEDERAL RESERVE BOARD
WASHINGTON

% , 1931.
B—39 <-•

June

ADDRESS OFFICIAL CORRESPONDENCE T O
THE FEDERAL RESERVE BOARD

SUBJECT: Monthly reports of deposits of
membor "banks.

Dear S i r :
As you will r e c a l l your monthly report of
deposits of member banks, form St.
f o r January
1931, was accompanied, as requested in Board's l e t t e r St. 6751 of October 6, 1930, with & l i s t of
c i t i e s added to or deducted from the population
group under 15,000, together with figures of net
demand and time deposits in each of such c i t i e s during the month of January.

6o44

The e f f e c t of the change to the 1930 census
basis on the figures of deposits of member "banks in
centers having a population under 15,000 was somewhat
greater than had been anticipated and i t i s believed, ,
therefore, that figures on the old basis should be
available throughout the current year. I t w i l l be
appreciated, therefore, if your current monthly r e ports for June to December are accompanied with s t a t e ments similar to the one accompanying your January r e port and if in addition, at your convenience, you will
furnish a statement showing l i k e information for
February to May, inclusive.
Very t r u l y y o u r s .

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

TO ALL FEDERAL RESERVE AGENTS*