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FEDERAL RESERVE BOARD
451
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE T O
T H E FEDERAL RESERVE BOARD
January 15, 1929
s t . 6055
SUBJECT:
Revision of Weekly Member Bsrik
Condition Statement, Form S t .
Dear S i r :
With r e f e r e n c e to the B o a r d ' s l e t t e r S t . 6023 of
December 27, on the above s u b j e c t , you a r c a d v i s e d t h a t the
form e n c l o s e d t h e r e w i t h has been r e v i s e d so a s to c a l l f o r
loans on s e c u r i t i e s made " t o "brokers and d e a l e r s i n s e c u r i t i e s
o u t s i d e of Hew York C i t y , " and i t i s r e q u e s t e d t h a t t h i s change
be made e f f e c t i v e as of January 30, 1929. Code word PILE
should be used i n t e l e g r a p h i n g the new item to the Board. With
t h i s change the weekly r e p o r t w i l l show the same c l a s s i f i c a t i o n
of s e c u r i t y l o a n s a s the q u a r t e r l y c o n d i t i o n r e p o r t , except
t h a t the weekly f i g u r e s w i l l i n c l u d e s e c u r i t y l o a n s made to
o t h e r banks.
As i n the case of loans made to b r o k e r s and d e a l e r s
in s e c u r i t i e s i n New York C i t y , the new item w i l l not be publ i s h e d f o r the p r e s e n t , but only the t o t a l amount of " l o a n s
on s e c u r i t i e s " w i l l be shown i n the B o a r d ' s weekly s t a t e m e n t .
herewith.
A copy of t h e r e v i s e d form S t . 51-a i s e n c l o s e d
Very t r u l y y o u r s ,
Walter L. Eddy,
Secretary.
Enclosure
TO ALL
FEDERAL RESERVE AGENTS*
Form St. 5%-a
Rev. J e n . 1929
WEEKLY CONDITION REPORT OF ISE'Mm ZfllTS III SELECTED CITIES
i 452
TO BE SUBMITTED TO TEE FEDERAL RESERVE EJCZ AS AT CLOSE OF BUSINESS EACH 1EDESSDAT
;
(Same of "bank)
(Location)
__ Wednesday
(Date)
19
IMPORTANT-: - The q u a r t e r l y condition r e p o r t and accompe^ing
i n s t r u c t i o n s should "be used as a guide i n the p r e p a r a t i o n
of t h i s r e p o r t
( i n thousands
of d o l l a r s )
1. LOUTS AMD DISCOUNTS
The t o t a l of the items shown under t h i s head should r e p r e sent the gross amount of the "bank's loans and d i s c o u n t s a s r e p o r t e d a g a i n s t item 1 and i n Schedule E of the q u a r t e r l y condition report.
(a) Secured "by U. S. Government and other s e c u r i t i e s :
(1) To "brokers and d e a l e r s in s e c u r i t i e s i n Hew York City
Item 5(a) in Schedule S of the q u a r t e r l y c o n d i t i o n
report,
(2) To "brokers and d e a l e r s in s e c u r i t i e s o u t s i d e
Hew York City
Item 5("b) i n Schedule E of the q u a r t e r l y c o n d i t i o n
report.
(3) To o t h e r s . . . . . . . . . . . i i 4
.
Item 5(c) i n Schedule E of the q u a r t e r l y c o n d i t i o n
r e p o r t , p l u s t h a t p a r t of item 4 i n Schedule E which
r e p r e s e n t s loans on s e c u r i t i e s made to "banks and
t r u s t companies.
'
(b) All other l o a n s
2.
.
Includes a l l loans and discounts r e q u i r e d to "be r e p o r t e d
a g a i n s t item 1 and i n Schedule E of the q u a r t e r l y c o n d i t i o n
r e p o r t , except loans r e p o r t e d a g a i n s t a - 1 , a - 2 , and a - 3 above.
U. S. GOVERNMENT SECURITIES OWED t
,
Total of Schedule F i n the q u a r t e r l y c o n d i t i o n rettort.
3.
OTHER BONDS, STOCKS AND SECURITIES OWED
'
Total of Schedule G in the q u a r t e r l y c o n d i t i o n r e p o r t .
4.
CASH IN VAULT
Total of items 1, 2 and 3 i n Schedule I of the q u a r t e r l y
condition report.
5.
NET DEMAND DEPOSITS ON WHICH RESERVE IS COMPUTED
Amount r e p o r t e d to the Federal reserve bank f o r r e s e r v e
computation purposes
6.
TIME DEPOSITS . . . . . .
Total of Schedule L i n the q u a r t e r l y c o n d i t i o n r e p o r t
7.
DtJE FROM BANKS IN UNITED STATES
_ _ _ _ _ _
Total of items 5 ( a ) , 5(b) and 6 i n Schedule I of the
quarterly condition report.
8.
DUE TO BANKS IN UNITED STATES
Item 2 i n Schedule J of the q u a r t e r l y condition r e p o r t
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