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FEDERAL RESERVE BOARD
WASHINGTON

X-3732

SUBJECT:

Cuban Agency, F e d e r a l Reserve Bank.

Dear S i r :
I n behalf of the F e d e r a l Reserve Board, I
acknowledge r e c e i p t of your l e t t e r of
with r e f e r e n c e to the e s t a b l i s h m e n t of a F e d e r a l Reserve
Bank Agency in Cuba.




Very t r u l y y o u r s ,

7<m. V-r. Hoxton,
Secretary.