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151
FEDERAL RESERVE BOARD
WASHINGTON

address official correspondence t o
the federal reserve board

X-4416
September 8, 1925.
SUBJECT:

Bank Examination and. Credit Work.

Dear Sir:
In tne Board's letter of Juno 4, 1925,
you were advised that as soon as all replies had
"been received to the Sub-Committee1s report on
bank examinations and credit work you would he
furnished with a summary thereof.
Replies have now been received and copies
of summaries of the Governors' replies relating to
the credit function and of the Agents' replies relating to the hank examination function are enclosed
herewith.
The Board hopes that the Governors, at
their forthcoming conference, will be prepared to
submit a statement to tho Board outlining the view
of the Conference with reference to the report on
the credit function.
Yours very truly,

Walter L. Eddy,
Secretary.
(Enclosure)

TO GOVERNORS OF ALL P. R. BASKS.