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FEDERAL RESERVE BOARD
WASHINGTON

December 2 7 , 1921.
s t . 2507.

SUBJECT:

Weekly p r e s s s t a t e m e n t .

Dear S i r :
Beginning w i t h J a n u a r y 4 , 1922 d e f e r r e d a v a i l a b i l i t y i t e m s w i l l be d e s i g n a t e d i n t h e w e e k l y COHD
t e l e g r a m showing t h e c o n d i t i o n of t h e t w e l v e F e d e r a l
r e s e r v e "banks combined, by code word TAPP i n s t e a d of
code word GUST now b e i n g u s e d .

T h i s change i s made t o

c o n f o r m w i t h r e v i s e d b a l a n c e s h e e t f o r m 3 4.
Very t r u l y y o u r s ,

E. L. Smead, C h i e f ,
D i v i s i o n of R e p o r t s and S t a t i s t i c s .

A l l a g e n t s e x c e p t Richmond.