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805 federal reserve board WASHINGTON X-4723 ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD November 16, 1926. SUBJECT: 1927 Budget f o r S t a t i s t i c a l and A n a l y t i c a l Work. Dear S i r : In c o n t i n u a t i o n of the p o l i c y adopted l a s t y e a r , w i l l you k i n d l y p r e p a r e and submit to the Board f o r approval, not l a t e r than December 10, a budget of expenditures covering work in t h e S t a t i s t i c a l and A n a l y t i c a l f u n c t i o n of your bank ( i n c l u d i n g branches, i f any), to be c a r r i e d on during the year 1927. The budget should be submitted on the a t t a c h e d form which corresponds with t h e f u n c t i o n a l expense r e p o r t form E, and which provides f o r showing in p a r a l l e l columns the budget approved f o r and amounts a c t u a l l y expended during 1926 (December estimated) and the proposed budget f o r t h e calendar year 1927. The proposed s a l a r y payments as shown in t h e budget f o r 1927 should be based on the s a l a r y recommendations made f o r next y e a r ; Very t r u l y yours» Walter L. Eddy, Secretary. TO ALL FEDERAL RESERVE AGENTS. Enclosure. f&MRAL 3MSBV1 SMK 0 ? ( I n c l u d i n g b r a n d l ^ ) ^: ' • ' • ;<A |? **oposed "budget of expenses in the S t a t i s t i c a l and Analytical function (as f ;1 defined in tho Idauual of Instructions covering functional expense reoorts V form S) f o r the year 1927. • p.; I (All f i g u r e s to he shown to the nearest d o l l a r , cents omitted) B0T3GBT 2XFWSES • BUBOSE • for during for 1926 1926* 1927 | mmsmsmt Salaries - o f f i c e r s 'I Salaries - employees '( Traveling expenses -I Print. & s t a t . & other s u p p l i e s Telephone and telegraph All other** TOTAL K X, STATISTICAL: Salaries - employees traveling axpenaes r<\ Br i n t . & s t a t . & other supplies telephone and telegraph :! Postage A l l other** . ;i w ' / TOTAL MOBTHLT ISOTffi: Printing and stationery Postage TOTAL i I LIBRARTs Salaries - employees t r a v e l i n g eaqpeases | Print. & s t a t , & other supplies ! Telephone cad telegraph Hews s e r v i c e - subscription to p e r i o d i c a l s , etc# f Books . A l l other -** — fOfAl &3AHD TOTAL ITumber of copies of monthly l e t t e r printed, December 1926 ____________ ' Receipts from monthly l e t t e r s soldi Te«P 1926 Sstimted,Year,1937 •Bccetiber expenses estimated. • • C l a s s i f y , i f in e x c « w of # 0 0 . . ' S _ $ • So m * de~ , dw* , •' ?