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f FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board December 21, 1931• B-606. SUBJECT: Reports of Earnings, Expenses, Dividends, and Franchise Tax. Payments f o r 1931. 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 operations of Federal reserve banks during the present 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 the following data be telegraphed or mailed to the Board in time to reach Washington Monday morning, January 4, 1932, (Code) EABL EDGE ESPY ETCH EACH EASY EDIT EVER EARN ELBA ENID - EAST EYRE EMET EVEN CAPP CEDE - Earnings from discounted b i l l s . . . . $ Earnings from purchased b i l l s Earnings from U. S. s e c u r i t i e s . . . . Other earnings (items 4-8 on Form 95) • Gross earnings ========= ========= Cost of Federal Reserve Currency . . . Other current expenses TotaLcurrent expenses mmmmm—mm. Current net earnings $ Additions to Current net earnings . . Deductions from Current net earnings Net a d d i t i o n s to or deductions from current net earnings Net earnings a v a i l a b l e f o r dividends, f r a n c h i s e tax, and surplus Dividends paid Paid to Government as f r a n c h i s e tax Transferred to surplus account . « Total ( t o agree with item EAST) Subscribed c a p i t a l January 1, 1932 Surplus January 1, 1932 I t i s also requested that the regular monthly r e p o r t s of earnings and expenses on forms 95 and 96 he accompanied with a statement showing in d e t a i l a l l addition's to and deductions from current net earnings during the year with separate f i g u r e s f o r each "branch, if any, and that in addition to the regular balance sheet, form f o r the l a s t day of the year representing the cond i t i o n of the bank a f t e r f i n a l closing of the books, a form 3^ be submitted showing the condition of the bank a t close of business but p r i o r to the making of any adjusting, closing or other e n t r i e s not regularly made at the end of each month. Very t r u l y yours, E. L. Smead, Chief, Division of Bank Operations. TO GOVERNORS OF ALL FEDERAL RESERVE BAMS*