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1249
F E D E R A L

R E S E R V E

B O A R D

WASHINGTON

December 11, 1920*
st.i64ti.

SUBJECT:

Form FRA-5, Daily Statement
of Federal Reserve Agent.

Dear Sir:
The 1921 edition of form FRA-5, d a i l y statement of Federal Reserve Agent, has been received from the printer, and a supply i s being
forwarded to you today, "under separate cover.
On the new edition of the form, the amount of Federal Reserve
notes returned to the Comptroller of the Currency for destruction i s
treated as a deduction from the gross amount received frcm the Compt r o l l e r , whereas at present t h i s item appears on the resource side*
I t w i l l also be noted that code words have been provided for
certain of the items, including two memorandum it3ms covering notes
issued and retired during the week*

As stated in the note at the

bottom of the form, the code-items are to be telegraphed to the Board
(in thousands of d o l l a r s ) as at close of business en each Friday.
The f i r s t - telegraphic report on form FRA-5 should be made as of
January 7, 1921, at which time weekly reports on form 3 l - b may be
discontinued •
Very truly yours,

R«
Bnerson,
Assistant to Governor.

(Letter sent to each Federal Reserve Agent)