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Ex-Officio Members W. P. G. HARDING, GOVERNOR PAUL M. WARBURG, v i c e G o v e r n o r FREDERIC A. DELANO ADOLPH C. MILLER CHARLES S. HAMLIN WILLIAM G. McADOO SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS FEDERAL RESERVE BOARD COMPTROLLER OF THE CURRENCY H. PARKER WILLIS, SECRETARY SHERMAN P. ALLEN, ASST. SECRETARY and W A S H IN G T O N f is c a l a g e n t ADDRESS REPLY TO FEDERAL RESERVE BOARD DIVISION OF REPORTS AND STATISTICS June 13, 1917. Dear Sir: Under date of May lH request was made by the Vice Governor of the Board that amounts received as subscriptions to U. S. certificates of indebtedness and U. S«. bonds be in cluded by your bank on Form 3^ among Government deposits, and that a new asset item be set up headed 1,Due from depositary banks - fiscal agent account*” Since then a special Fiscal Agent report (Form FISC 101) has been devised to take care of all transactions in connection with the Liberty Loan, including transactions in volving the rsdeposit of amounts subscribed to !,Libertyn bonds May I ask, therefore, that, beginning with June 18, you elimin ate from Form 3^ item nDue from depositary banks - fiscal agent account” and corresponding liability item* In case amounts re ceived in payment for subscription to Government bonds are held by the Federal reserve bank, such amounts should be carried with U% S*Government deposits on Form 3^ as well as under proper heads on new Form 101. It will not be necessary to send us on Friday nights any telegraphic reports of fiscal Agent accounts in addition to the daily mail reports on Form 101. Respectfully Secretary.
@FedFRASER