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328

BOARD OF" GOVERNORS
CF' THE

FEDERAL RESERVE SYSTEM
WASHINI3TCN
ADDRESS OFFICIAL CORRESPONDENCE
TO THE BOARD

R-129

December 8, 1937

Dear Sir:
Referring to the Board's letter of December 6,

1937, (S-50), there

~s

inclosed a proof copy of For.m 34

as revised for use during 1938.
Very truly yours,

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

Inclosure

TO THE PRESIDENTS OF ALL FEDERAL RESERVE BANKS