View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

federal reserve board
WASHINGTON
address official correspondence to
the federal reserve board

J u l y 3 0 , 1930*

St. 666s.

SUBJECT:

Preliminary c l a s s i f i c a t i o n of loans and
i n v e s t m e n t s o f member banks a s o f June
30, 1930.

Dear S i r :
I n o r d e r t h a t t h e S y s t e m might have a v a i l a b l e
a t the e a r l i e s t p r a c t i c a b l e date a c l a s s i f i c a t i o n of
t h e l o a n s a n d i n v e s t m e n t s o f a l l member banks a s o f June
3 0 , t h e Board on J u l y l 6 a s k e d t h e F e d e r a l r e s e r v e a g e n t s
t o have t h e l o a n and i n v e s t m e n t f i g u r e s t a b u l a t e d f r o m
t h e June c a l l r e p o r t s o f b o t h N a t i o n a l a n d S t a t e member
banks and t o f u r n i s h t h e f i g u r e s t o t h e B o a r d .
These f i g u r e s h a v e b e e n r e c e i v e d b y t h e Board
and I am e n c l o s i n g h e r e w i t h a s t a t e m e n t showing t h e d a t a
f o r a l l member b a n k s , member banks i n New York C i t y , i n
C h i c a g o , and i n o t h e r r e s e r v e c i t i e s , and f o r c o u n t r y
banks.
The f i g u r e s f o r N a t i o n a l banks h a v e n o t b e e n
made p u b l i c by t h e C o m p t r o l l e r nor f i g u r e s f o r S t a t e
banks by t h e F e d e r a l R e s e r v e B o a r d . I t w i l l b e a p p r e c i a t e d , t h e r f o r e , i f you w i l l t r e a t the statement as
confidential.
Very t r u l y y o u r s ,

Roy a . Young,
Governor.

TO ALL GOVERNORS AND AGENTS. *