Full text of Mimeograph Letters and Statements of the Board : Letter From E. L. Smead, Chief, Division of Bank Operations, re Reports of Earnings, Expenses, Dividends, and Franchise Tax Payments for 1930, Number St. 6832, Volume 33, Page 470

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470
federal reserve board
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE BOARD

December 1 7 ,
St, 6832.

SUBJECT:

Reports

of

Dividends,
Payments

Dear

Earnings,

Expenses,

and Franchise

for

1930.

Tax

1930.

Sir:
In

financial
present

order

that

results

calendar

requested

that

the Board's
following

of
year

a

the

B o a r d may h a v e

operations
as

offices

on

information regarding

Federal

reserve

"banks

as p r a c t i c a b l e

he

Friday

after

telegraphed

soon

statement

of

mailed in

morning,

or

January

2,

January
1931,

time

1,

showing

information:

ESPY
ETCH
EACH
EASY
EDIT
EVER

Earnings

frdm discounted b i l l s

. . .

Earnings
Earnings

f r o m ptLrChased b i l l s
from U. S. s e c u r i t i e s

.
.

Other
Gross

earnings
earnings

(items

4-7

Cost of Federal Reserve
Other current expenses
Total current expenses

EARN

Current

ELBA
ENID

Additions

net

Net
EAST - N e t

Current

tax,

EYRE -

Dividends

EMET -

Paid

EVEN -

Transferred to

to

or

earnings
net

earnings

deductions
earnings . . .
for dividends,

and surplus

. . . .

(to

franchise

surplus
agree

account

Subscribed capital

January 1,

CEDE -

Surplus

1931

January

1,

tax
.

.

.

w i t h i t e m EAST)

CAPP -




.

paid

Government as

Total

.

$_

from current net
earnings available

to

Currency

net

from Current

additions

franchise

on Form 9 5 )

earnings

to

Deductions

* .
. .

1931

•

the

i t

to

(Code)
EARL
EDGE

the

during

is

re^ch
the

471
2 **

It
of
an

is

also

requested that

the

ductions
ing

the

that

in

last

from current net
year

day

final

with

addition
of

the

closing

condition

of

to

the

year

of

earnings

separate

regular

t h e "books,

t h e "bank a t

(Profit

figures

the




OP

A L L

or

FEDERAL

sheet

reports

of

i f

any,

of

the

the

showing

but

prior

entries

not

regularly

to

the

Sznead, C h i e f ,
of Bank O p e r a t i o n s .

B A S K S *

the
making

made a t

yours,

RESERVE

durand

"bank a f t e r

"business

other

truly

account)

form 3^ f o r

condition

E. L.
Division

GOVERNORS

and Loss

e a c h "branch,

a f o r m 3 4 "be s u b m i t t e d

close

Very

for

"balance

representing

of any a d j u s t i n g , c l o s i n g
the end of e a c h month.

TO

regular monthly

e a r n i n g s and e x p e n s e s on forms 95 and 96 be accompanied w i t h
i t e m i z e d statement showing i n d e t a i l a l l additions to and de-