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 December 19, 1928 s t . 6015. SUBJECT: 1929 Budget for S t a t i s t i c a l and Analytical Work. Dear Sir: In continuation of the p o l i c y adopted i n 1925, i t w i l l be appreciated i f you w i l l kindly prepare and submit to the Board f o r approval a budget of expenditures covering work in the S t a t i s t i c a l and Analytical function of your bank (including branches, i f any), to be carried on during the year 1929. The budget should be submitted in accordance with the attached form which corresponds with the functional expense report, form E, and which provides for showing in p a r a l l e l columns the budget approved for and amounts actually expended during 1928 and the proposed budget f o r the calendar year 1929. The proposed salary payments as shown in the budget for 1929 should be based on the salary recommendations made for next year and, i f practicable, the budget should accompany the schedule of o f f i c i a l s a l a r i e s to be submitted to the Board for i t s approval. Very truly yours, Walter L. Eddy, Secretary. Enclosure. LETTER TO FEDERAL RESERVE AC-3HTS AT ALL BA2XS, EXCEPT PHILADELPHIA*
@FedFRASER