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557
FEDERAL RESERVE BOARD
WASHINGTON

*j)jP'Cemb 6T 2,

address official correspondence t o
the federal reserve board

^

SUBJECT:

1933

9 3 3

193^ Budget for Federal Reserve Bank.

Dear Sir:
I t w i l l be appreciated i f you w i l l forward to the Board,
as soon a f t e r January 1 as practicable, a statement of the budget
approved for the head o f f i c e and each of i t s branches, i f any,
f o r the calendar year 193^ with separate f i g u r e s for the f i r s t
half and the second half of the year.

If any material changes

are subsequently made in the budget for the second half of the
year the Board should be advised of sufch changes on or about
July 1 , 1934.
The budget statement as submitted to the Board should be
prepared in accordance with the scrapie form attached and fehotild
show t o t a l s for each separate linit (department, function; d i v i sion* section or expense u n i t ) for which separate f i g u r e s are
shown in the budget approved by the bank's budget committee.
Very truly yours,

Chester Morrill,
Secretary.
Inclosure.

TO


CHAIRMEN OF THE FEDERAL RESERVE BANKS*