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FEDERAL RESERVE BOARD WASHINGTON X-3U29 J u n e 3, 1 9 2 2 . SUBJECT: Business Reporting Conference. Dear Sir: In confirmation of m y telegram of this date, y o u are a d v i s e d that the B o a r d has called a conference, to b e h e l d i n W a s h i n g t o n o n J u n e 13th t o 1 5 t h , t o c o n s i d e r m e t h o d s o f promoting greater economy and efficiency in the statistical w o r k and business reporting of the Federal Reserve B a n k s . Y o u a r e r e q u e s t e d to h a v e y o u r b a n k r e p r e s e n t e d a t t h i s c o n f e r e n c e b y some one d i r e c t l y in charge of or a f f i l i a t e d w i t h the p r e p a r a t i o n of y o u r monthly reports. A c o p y o f t h e p r o g r a m f o r t h i s c o n f e r e n c e is e n closed h e r e w i t h for your information and that of y o u r representative. Very truly yours, G o v e r n o r . (Enclosure) T O A G E B T S O P A L L P. R . B A N K S . r".yr PROGRAM x-342ga BUSINESS REPORTING CONFERENCE W A S H I N G T O N , J U N E 13-15, 1922x I. II- T Joint .Session with F e d e r a l R e s e r v e B o a r d 1. Opening address; - B o a r d ' s views a s to problems of reporting service, 2. Progress since last conference. 3. Present position of district reports; interest of the banking and business community in t h e service. Results of special surveys made by Federal Reserve B a n k s . Scope of Business Conditions Work 4. 5. III. H. P. Willis rr ays and means of improving the business reporting service. a. Interchange of data between districts b, Development of data for specific industries. Relation to other reporting services* and furnishing data to them, Centralization or division of special studies into given topics in order to avoid duplication. Organization of the Service. 6. Organization of the statistical and reporting work within the Federal Reserve Banks. . 7ยป Relation of the library service to the statistical service. Question of centralizing the reading and cataloging of current books, periodicals, etc. in order to avoid possible duplication by having the same work done in the several banks. 8. Information service in each bank. departments of the bank. 9. Distribution of the monthly business reviews, including - Scope and relation to other a. Somber issued b. Size desired c. Charge to be made, if any, for the report 10. 17. Cost of the service. Editing and Supervision. 11. Central editing of business conditions reviews. How far needed and how long to be continued. X-3U29a - 2 ~ Correlation of the Federal Reserve Board's service with that of the individual Federal Reserve Banks. a* Dates of publication,both of Bulletin and of Board,s indexes. b. Service rendered by the present telegraphic summary of business conditions. Federal Reserve Bulletin. a. Sections in Federal Reserve Bulletin which banks and their members have found particularly useful. Furnishing of Board's figures to the banks. b. Adequacy of the present foreign service.
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