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FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board January 29, 1931. Bt-236. SUBJECT: Preliminary c l a s s i f i c a t i o n of loans and investments of member banks as of December 31. 1930. Dear S i r : There is enclosed herewith f o r your information a copy of a memorandum and statement prepared for the Board with respect to changes in the loan and investment account of member "banks during the past quarter and the l a s t 2 years, as disclosed by the December 31 c a l l reports. The December 31 figures as given in the statement are "based on the preliminary data furnished "by the Federal reserve agents in r e sponse to the Board's l e t t e r St, 6838 of December 18. The figures shown in the enclosed statement will be published in the forthcoming February issue of the Federal Reserve Bulletin, but in the meantime they are given to you for your confidential use. Very truly yours* E, L. Smead, Chief, Division of Bank Operations. Enclosure TO ALL GOVERNORS AND AGENTS*