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FEDERAL RESERVE BOARD Septambe:r 15, 1925. St. 4645. WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE: FEDERAL RESERVE BOARD Dea:r Si:r: The Board is <'lesi:rous of obtaining information showing the number of member banka which rns.y be classed as continuous bc:r:rcwe:rs, that is, banks which have not at some time during the past year liquidatecl all their in:'lebtedness to the Fe<'!e:ral :rose:rve bank. It will be app:repiatecl, t:be:refo:re, i f you will furnish '~S at rour e9.:rly convenience with a statement listing by name each :nerdJe:r bank in ;your clist:rict v;hich v:as continuo·:::.sly indebted to your bank from September 1, 192!.~, to August 31, 1925. This statement shoulcl inclu<'l e all banks that have been continuous bor:rowe:rs rega:r,-'llcss of whether o:r not their bo:r:rowi:r.gs wG:re in excess of o:r less than their capital a111,'l surplus. In submitting this :repc:rt, it Will be appreciated i f you will present ti.1e info-ryr;ation in a form !'l imilar to that inclicat eel in the atte.chsd statement St. 4645a, which calls fo:r information E.s follows: l. Date on which er~ch continuous bor-r-ov:er was laat out of debt to the :res e:rve bank. 2. PT"act ice of bar.ks as :rega:rds borrowing from cor1·espondent banks. 3· Capital anc'i surplus on June 30, l~C5. 4. Eo.,..,. owings from Res e:rve bank on Aug·us t 31, 1925. 5· 6. Net d srranc1 .::.nc1 t irne c'l epos its on August 31, 1925. 7. Net ds~nd and time. clepos its on elates of maximum anc1 minimum borrowings as call eel fo:r. in item 6. Maximum and rr.inimu.m bor:rcwings from Rese:rve bank CltJ.ring each calenoa:r. year of the period in which the bank has been a continuous borrower, with dates. Ve:ry truly you:rs, ... Walter I .. Ecl<'ly, Secretary. LETTER TO ALL FEDERAL RJi.SERVE AGEJ.ilTS. MEt•>IBEB BANKS BC'RPOWING r.:ON'J'HWO~ST·Y FROM Tlffi FNJE'P.AL RESERVE BANK DUBIN'G THE TWELVE MOllTBS ElDING AUGUST 31, 192). _[_ _ _ _ __ Name an.'! Location pf b£n~' Ras been continuous bor~ower from F. B. ba~ since Makes a pract. ice of ·corrowing f:rom o:.ha:" ba~~3 (ans. Yes or Nc.) Ga·.-Jite.l an(i au:rp!.us - June 30, l'::l25 Bcr.·c.v::.n;;;s - l·r::;"L:3t 31, 1925 Lep0::1 its - Au.glliii t 31, 1925 Ct::.l c:r:·.~ t::~:r y 3E~:r l92t) - r:Iw::::.r:~J.ln bo·,·rowJng:o * Depr:·s ~. ts or. <;!.l JJ''j c1 ate ill t·~i:~·l: .._~;i b o:r~¥c~vi :~.6S * Deposits on same 0ate 192!+ - IL.1..Xir::u.;1 bv:r;·o·,vi.nge* Dep or i ~. s on !'lr...r:;e 6 ate ~::;.1::_·:-:~ bo·:.•:r:Vi~Ir.g:-: * Daposi·.;s on san,e cia.te NOTE: Figu.res of r.n£.v.i m.1m ancl mini.m,:un bor,:ro'VI:ir.~s (:red isc01.1:nt.s an(l bills p2.yable) anc'l the dates. thc,reof anc1 of ne-t Cl amQ.r"0 a:il t it:"l 0 ::.;o:: its fo:::- tLe snc1 (1c.t·.?s sh::ml0 be s':own fc:r each ye,a:r of the periocl clurL1g v:hicn b&.nk hr;.s bean a continuous bon·ower. * Date of anc1 amount • (~t. 4645a)
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