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FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE TO
T H E FEDERAL RESERVE BOARD




February 21, 1928,
st.

SUBJECT:

5691.

Branches of Member and Itfonmember b a n k s .

Dear S i r :
There i s e n c l o s e d h e r e w i t h a copy of a
memorandum and accompanying s t a t i s t i c a l d a t a , r e c e n t l y
p r e p a r e d f o r t h e B o a r d ' s i n f o r m a t i o n , on t h e s u b j e c t
of b r a n c h e s of member and nonmember banks on February
25, 1927 ('.'/hen the McFad.den b i l l became a lav?) and
on June 30, 1927*
Very t r u l y y o u r s ,

Walter L. Eddy,
Secretary.

Enclosure.
TO ALL GOVERNORS AHD FEDERAL BESEBVE AGENTS*