The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board January 29, 1932. B-554. SUBJECT: Preliminary c l a s s i f i c a t i o n of loans and investments of member "banks a s of December 31, 1931* Dear S i r : There i s enclosed f o r your information and c o n f i d e n t i a l u s e , a copy of a memorandum and s t a t e ment p r e p a r e d f o r the Board with r e s p e c t to changes i n the loans and investments of member banks during the f o u r t h q u a r t e r of i 9 3 i and the l a s t two y e a r s , as d i s c l o s e d by the December 31 condition r e p o r t s . Figures f o r the December 1931 c a l l a r e based on the p r e l i m i n a r y d a t a f u r n i s h e d by the Federal r e s e r v e agents and w i l l be published in the forthcoming February i s s u e of the Federal Reserve B u l l e t i n . Very t r u l y yours, E. L. Smead, Chief, Division of Ba.nk Operations. Enclosure. TO ALL GOVERNORS AFD FEDERAL RESERVE AGENTS*
@FedFRASER