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4^ i federal reserve board WASHINGTON 459 ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD December 18, 1926. s t . 5195. SUBJECT: Reports of Earnings, Expenses, Dividends, and Franchise Tax payments f o r 1926. Dear S i r : In order t h a t the Board may have information regarding the f i n a n c i a l r e s u l t s of o p e r a t i o n s of Federal r e s e r v e hanks d u r ing the p r e s e n t calendar year as soon as p r a c t i c a b l e a f t e r January 1, i t i s requested t h a t a statement be telegraphed or mailed i n time to reach the Board's o f f i c e s on Monday morning, January 3, 1927, showing the following i n f o r m a t i o n : (Code) EACH - Gross e a r n i n g s * . . . . . . . . . i „. $_ EADS - Current expenses EARN Current net earnings ELBA - Additions t o Current net earnings ENID - Deductions from Current Net earnings Net a d d i t i o n s to or deductions from c u r r e n t net earnings EAST - Net e a r n i n g s a v a i l a b l e f o r dividends, f r a n c h i s e t a x , and surplus EYRE Dividends paid EMET - Paid t o Government as f r a n c h i s e t a x EVEN - T r a n s f e r r e d t o surplus account Total ( t o agree with item EAST) CAPP - Subscribed c a p i t a l January 1, 1927 . CEDE - Surplus January 1, 1927 $ \ i 460 - 2 I t i s a l s o requested t h a t the r e g u l a r monthly r e p o r t s of e a r n i n g s and expenses on forms -95» 96 and 97 t e accompanied with an itemized statement showing i n d e t a i l a l l a d d i t i o n s to and deductions from current net earnings ( P r o f i t and Loss account) during the y e a r , and t h a t i n a d d i t i o n t o the r e g u l a r "balance sheet form 3^ f o r the l a s t day of the year r e p r e s e n t i n g the c o n d i t i o n of the bank a f t e r f i n a l c l o s i n g of the books, a form 3^ be subm i t t e d showing the condition of the bank at close of b u s i n e s s but p r i o r t o the making of any a d j u s t i n g or c l o s i n g e n t r i e s . Very t r u l y yours, E.L.Smead, Chief, Division of Bank Operations. TO GOVERNORS OF ALL FE3ERAL EE SERVE BAMS*
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