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w. P. G. HARDING. GOYIRHOR., PAUL M. WARBURG, VICI GOYIIHOR FREDERIC: A. DELANO ADOLPH C:, MILLER C:HAR~ES S. HAMLIN IIX·OPPICIO MI:MRilRR WIUIAM G. MCADOO IICRITAIY OF THI TRIAIURY CHAIRIIAII JOHN SKELTON WILLIAMS FEDERAL RESERVE BOARD COIInROL.UR OF THI CURRENCY WASHINGTON 'H, PARKER WILLIS, SECRETARY SHERMAN P. ALLEN. ASST. SICRITAIY AND FISCAL AIINT ADDRU8 R&PLY TO f'EDIERAL. RIESERYII BOARD ltla:rcb 29, 1918. Gentlemen: In connection with subscriptions to certiticates of indebteGness, it is desi~ble that each Feder~ reserve bank keep the Board regularly advised as to ..the amount oi certiiicates placed, and their distribution. The Treasury Departnent some time ago,telegraphed for tbese details, but the figures that have been received frQm some of the oanks are incomplete. There is inclosed herewith a copy of a report raceived from the Federal Reserve Bank of Boston, and the request is nade that your bank furnish the Board promptly wi~h data~r~nged in a similar n:a.nner. Ver:y truly yours, Inclosures. GOVGrnor. X-847 The Federal .Reserve Bank of
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