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>z,: W. P. G . HARDING, GOVERNOR PAUL M. WARBURG, vice Governor FREDERIC A. DELANO ADOLPH C. MILLER CHARLES S. HAMLIN Ex-Officio Members WILLIAM G. McADOO SECRETARY OF THE TREASURY CHAIRMAN JOHN SKELTON WILLIAMS c o m ptr o lle r of the FEDERAL RESERVE BOARD Cu r r e n c y WASHINGTON H. PARKER WILLIS. SECRETARY SHERMAELP. ALLEN, ASST, SECRETARY ANAPrSCAX^GENT A D D R E S S R E P L Y TO FEDERAL RESERVE BOARD DIVISION OF AUDIT AND EXAMINATION June 1917, Federal Reserve Bank, Dear Sirs: The Board has received a letter from an officer of a Federal Reserve Bank, suggesting certain changes in the form of the par list to be issued as of July 1, next, as follows: "The list of towns should include all towns in the State in which are located banks whose checks are col lectible at par through the Federal Reserve Banks, Where a State is located in two districts the number of the district immediately follows the name of the town. Where all tanks in a town are not on the par list the names of such banks as are on the par list are shown.- In making up this list all banks whether national, member or nonmember, are considered alike. Towns collected indirectly, that is, through an intermediary point, are sc indicated. "A par list compiled on this plan makes it unnecessary to refer to more than one place in the list to obtain all necessary information. For instance, referring to the specimen attached hereto, Alexandria, Tenn., is located in the 6th district; all bank3 in the town are on the par list. (They consist of two State banks). Ashland City is in the 6th district; the Ashland City Bank and Trust Company is the only bank in that town that is on the par list. Athens is in the 6th district; all banks in the town are on the par list. (They consist of two national bank). Bristol is in the 6th district; the three banks shown, one State and two nationals, are on the par list. (The Washington Trust and Savings Bank of this town is not on the par list). Brownsville is in the 8th district; the First National Bank is the only bank in that town that is on the par list. (The two nonrcenber banks in this town are not on the par list). Buffalo Valley is in the 6th district; all banks are on the par list. This point is collected.through some other town." A copy of the specimen form referred to is inclosed herewith. Will you please give the Board your views as to whether or not the form proposed would increase the usefulness of the par list. As the material for this par list should be in the hands of the Board by June 23, this matter should be given immediate at tention. Very truly yours, Secretary. Inclosure. X-194. T E H N E S S E E . DISTRICTS NOS. 6 AND 8 - ATLANTA AND ST. LOUIS. Alexandria, (o) Ashland City, (6) Athens, (6) Bristol, (5) Brownsv ille, (8) *Buffalo Valley, (6) All banks. Ashland City Bank & Trust Co. All banks. Bank of Bristol. Domino National Bank. First National Bank. ’ • First National Bank. All banks. * Collectible through an intermediary town
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