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FEDERAL RESERVE BOARD WASHINGTON August 8, 1921 st.2190. SUBJECT: Fora 44-a, Monthly Federal Reserve Note Report. Dear Sir: In view of the plan outlined, in the Board's letter, X-313^> dated June 6, 1921, providing for interdistrict settlements for Federal reserve notes, i t is requested that Federal reserve notes forwarded to the hank of issue for credit by another Federal reserve hank, and for which payment has been made through the Gold Settlement Fund, be treated by the issuing bank as notes on hand in the preparation of Forms 34 and 44-a. Kindly acknowledge receipt. Very truly yours, E. L. Smead, Chief, Division of Reports and Statistics. Letter sent to a l l Federal Reserve Agents. St.2^258. LOAN LIQUIDATION IN AGRICULTURAL AND IN OTHER COUNTIES. The following analysis of loans of banks in agricultural and non-agricultural portions of the country was prepared for use in connection with Governor Strong's testimony before the Joint Commission of Agricultural Inquiry. Tables showing figures in detail have been submitted to the Commission, and copies are on f i l e in the Division of Reports and Statistics, Federal Reserve Board, and in the New York Federal Reserve Bank. The original transcripts, as taken from the condition reports giving data for each member bank grouped by counties, are also on f i l e with the Division of Reports and Statistics.