Full text of Mimeograph Letters and Statements of the Board : Letter From E. L. Smead, Chief, Division of Bank Operations, re Necessity for Furnishing Copies of Telegrams, Number B-1166, Volume 45, Page 386

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386

BOARD OF GOVERNORS
OF THE

FEDERAL RESERVE SYSTEM
WASHINGTON
ADDRESS

OFFICIAL C O R R E S P O N D E N C E
TO THE

July 30, 1936.
B~ll66.

Bear Sir;
Since it is not possible to make carbon copies
of incoming telegrams on the tape teletype machine,
one of which it is proposed to install in the Board*s
telegraph office in the near future, the question has
arisen as to the necessity of this office's continuing
to furnish the Federal Reserve "banks copies of their
incoming Interdistrict Settlement and Ho to Settlement
Fund wires.
It will be appreciated, therefore, if you will
advise us if you see any reason why we should not discontinue, as of August 151 sending you copies of these
wires.


TO


Very truly yours,

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

ALL PRESIDENTS

BOARD