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FEDERAL RESERVE BOARD
WASHINGTON

July 27' 1922.
St.2C)23.

SUBJECT:

MOnthly Report of Fiscal Agency
Expenses absorbed by F. R~ Banks,
Form 96-a.

Dear Sir:

The telegram quoted below, which was sent to
you on July 26, authorizing the discontinuance as of June 30
of reports on form 96-a showing Fiscal Agency expenses absorbed by Federal reserve banks, is hereby confirmed!
"TRANS 220. Inasmuch as functional expense
reports to be submitted beginning with July
will show total cost of operating Fiscal
Agenqy functions, submission of reports on
form 96-a, tiscal Agency expenses absorbed
by Federal reserve banks, may be discontittlled as of June 30. 11

Very

t~uly

yours,

Governor

LETTER SENT TO EA.CB F. R. Agent.