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X. FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD December 23, 1927, st. 5620. SUBJECT: Branches of Member and Efonmember Banks. Dear S i r : With r e f e r e n c e to the next t o the l a s t paragraph of t h e B o a r d ' s l e t t e r St. 5120 of October l 4 , 1926, i n which you were r e q u e s t e d t o submit a r e p o r t on changes i n branch banking semi-annually, you a r e a d v i s e d t h a t h e r e a f t e r t h i s r e p o r t need be submitted a s of June 30 of each y e a r only. Ho r e - p o r t need be submitted as of December 31. 192T. You are a l s o a d v i s e d t h a t i t w i l l not be n e c e s s a r y , i n f u t u r e r e p o r t s , t o d i s t i n g u i s h between f u l l f l e d g e d b r a n c h e s and s o - c a l l e d t e l l e r ' s windows. Very t r u l y y o u r s , Walter L. Eddy, Secretary. TO ALL ZSDEEAL HI SEE W AG-BITS EXCEPT SM FRANCISCO* 496