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493 FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD December 19, 1927 S t . 5612. SUBJECT: Reports cf Earnings, Expenses, Dividends, and Franchise T6x Payments f o r 1927. Dear Sir: In order ths t the Board may have i n f o r m a t i o n r e g a r d i n g 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 during the p r e s e n t c a l e n d a r y e a r a s soon a s p r a c t i c a b l e a f t e r January 1, i t i s r e q u e s t e d t h a t s statement he t e l e g r a p h e d or mailed in time to reach the b o a r d ' s o f f i c e s on Tuesday morning, January- 3, 1928, showing the f o l l o w i n g i n f o r m a t i o n : (Code) EACH - Gross e a r n i n g s $ IADS - Current expenses EARN Current n e t e a r n i n g s ELBA - Additions to Current n e t e a r n i n g s . ENID - Deductions f r o n Current n e t e a r n i n g s Net a d d i t i o n s to or deductions from c u r r e n t net e a r n i n g s EAST - Net e a r n i n g s a v a i l a b l e f o r d i v i d e n d s , f r a n c h i s e t a x , and s u r p l u s EYRE - Dividends p a i d EMET - P a i d to Government a s f r a n c h i s e t a x . . EVEN - Transferred, t o s u r p l u s account Total ( t o a g r e e with item EAST) CAPP - Subscribed c a p i t a l January 1, 1928 CEDE - Surplus January 1, 1928 $ 494 - 2 It is Plso requested thst the regular monthly r e p o r t s o f e a r n i n g s and. e x p e n s e s o n f o r m e 9 5 , 9& a n d 9 7 accompanied with an i t e m i z e d s t a t e m e n t showing i n d e t a i l a l l a d d i t i o n s t o and. d e d u c t i o n s f r o m c u r r e n t n e t e a r n i n g s ( P r o f i t e n d L o s s a c c o u n t ) d u r i n g t h e y e a r , a n d t h a t i n a d d i t i o n t o t h e r e g u l a r "balance s h e e t form 34 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 o f t h e "bank a f t e r f i n a l c l o s i n g o f t h e " b o o k s , a f o r m 3 ^ subm i t t e d s h o w i n g t h e c o n d i t i o n o f t h e "bank a t c l o s e o f " b u s i n e s s h u t p r i o r t o t h e m a k i n g o f amy a d j u s t i n g o r c l o s i n g e n t r i e s . Very t r u l y yours, B* L . S o s a d , C h i e f , fiividlbia of Bank Q u o t a t i o n s . TO SOVEBirOES 0? ALL FEDERAL E3SESV3 B«W$*
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