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W. P. G . HARDING, G O V E R N O R
PAUL M. WARBURG, V I C E G o v e r n o r
FREDERIC A. DELANO
ADOLPH C. MILLER
CHARLES S. HAMLIN

Ex-Officio Members
WILLIAM G. McADOO
SECRETAR Y OF TH E TR EASU R Y
C H A IR M A N

JOHN SKELTON WILLIAMS
Co m p tr o ller o f th e c u r r e n c y

H. PARKER WILLIS. S E C R E T A R Y
SHERMAN P. ALLEN, A S S T . S E C R E T A R Y

FEDERAL RESERVE BOARD
WASHINGTON

A N D F IS C A L A G E N T

286

ADDRESS R E PLY TO

FEDERAL RESERVE BOARD

DIVISION OF REPOR TS A N D STATIS TIC S

July 18, 1917*

Dear Sir:
Referring to our telegraphic request o even date
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that you resum© the sending of daily telegrams showing bills re­
discounted by members (item FEND), collateral notes secured by
U* S. securities (MAZE) and by commercial paper (FISH), bills
bought in the open rrarket (FORD) and totals o bills discounted
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and bought (TACK), I desire to state that these data are to
take the place of the fuller telegram giving condensed statement
o condition o your bank, temporary discontinuance of which was
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authorized on June 13*

These loan statements should be sent to

us every evening, beginning to-night.
On the dates indicated in Governor Harding’s instruct
tions of June 13 the fuller telegraphic statements are to take
the place of the daily telegram o bills discounted and bought.
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Respectfully,

Secretary