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820
FEDERAL RESERVE BOARD
WASHINGTON

X-4215

A D D R E S S OFFICIAL C O R R E S P O N D E N C E TO
T H E FEDERAL RESERVE B O A R D

SUBJECT:

December 18, 1924

Annual Reports of Federal Reserve Agents

Dear S i r :
The Federal Reserve Board has approved the recommendation made by
the Federal Reserve Agents a t t h e i r recent conference, that t h e i r annual r e p o r t s be confined to a t e x t u a l discussion with such i n c i d e n t a l data and t a bles as appear proper, but t h a t detailed s t a t i s t i c a l tables be not used,
and. that r e f e r e n c e be made in each annual report to the s t a t i s t i c a l data
published by the Federal Reserve Board in i t s annual r e p o r t .
In preparing i t s own annual r e p o r t , t h e Board will follow the same
general arrangement of the s t a t i s t i c a l t a b l e s , i n both p a r t s I and I I , as
was adopted in the report f o r the year 1$2^, and accordingly t h e r e w i l l be
shown in p a r t I I ten schedules p e r t a i n i n g to each Federal r e s e r v e d i s t r i c t .
Copies of the schedules w i l l be forwarded t o you as socm as a v a i l a b l e for
comparison with any similar data that may have been prepared by your bank.
In case you f e e l tha.t the tables shorn in p a r t I I of the Board's report f o r
1923, considered in the l i g h t of the s t a t i s t i c a l data given in p a r t I , are
not s u f f i c i e n t l y complete, we s h a l l be glad to have you advise the Board at
your early convenience of any additions t h a t you think should be made.
At the beginning of p a r t I I of the report charts both f o r the
System and f o r each d i s t r i c t w i l l be grouped together instead of having the
chart for each bank shown on pages opposite the f i g u r e s f o r such bank.
I t i s understood that you will forward the text of your e n t i r e
report to the Board as in the p a s t , and that i t w i l l not be released for
publication u n t i l a f t e r i t has been passed upon by the Board.
Very t r u l y yours*

Walter L. Eddy,
Secretary.
TO AIL FEDERAL RESERVE AGENTS