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BOARD O F G O V E R N O R S

R-508

OF THE

FEDERAL RESERVE SYSTEM
WASHINGTON
A D D R E S S OFFICIAL C O R R E S P O N D E N C E

July 2iJ°1939OAR°

Dear Sir:
There are being forwarded to you under separate
cover
copies of pages 27, 33# 34> 34a, 121e and 121f
of the "Manual of Instructions Governing the Preparation of
Functional Expense Reports (Form E)", revised as of July 1,
1939. An additional copy of each of these pages is enclosed
for your information.
Page 27 has been revised so as tb permit the accumulation in the "Sick Relief and Extended Leave" unit of any
costs occasioned because of employees absent as a result of
jury duty or military service, in addition to those absent on
account of illness* Changes in pages 33, 34 and 34a were
necessary because of the revised leased wire procedure which
became effective July 1, 1939. The new pages, 121e and 121f,
are necessary in order to provide for expenses which may be
incurred by Federal Reserve banks for the Federal Crop Insurance
Corporation and the United States Maritime Commission.
Pages 7 and 22b of Form E are being reprinted to conform
the revised pages of the Manual and a supply thereof
will be forwarded to you as soon as received from the printer.
Very truly yours,

E. L, Smead, Chief,
Division of Bank Operations.
Enclosures.
TO THE PRESIDENTS OF ALL FEDERAL RESERVE BANKS