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FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board December 26, 193^« B-ioUy. SUBJECT: C a l l Condition Reports of S t a t e Bank Members and t h e i r a f f i l i a t e s . Dear S i r : There have been f o r w a r d e d t o you today under s e p a r a t e cover the i n d i c a t e d number of c o p i e s of t h e seven forms a t t a c h e d h e r e t o , f o r t h e u s e of S t a t e bank members and t h e i r a f f i l i a t e s i n s u b m i t t i n g r e p o r t s a s of the next c a l l date: Number of copies Form Form IO5, Report of c o n d i t i o n of S t a t e bank member. Form IO5—0 (Schedule "0")i Loams and advances to a f f i l i a t e s and i n v e s t m e n t s i n and l o a n s s e c u r e d by o b l i g a t i o n s of a f f i l i a t e s . Form 220, Report of a f f i l i a t e or h o l d i n g company affiliate. Form 220a, p u b l i s h e r ' s copy of r e p o r t of a f f i l i a t e or h o l d i n g company a f f i l i a t e . Form 220b, I n s t r u c t i o n s f o r p r e p a r a t i o n of r e p o r t s of a f f i l i a t e s and h o l d i n g company a f f i l i a t e s . Form B~3 ( A g r i c u l t u r e ) , Farm l o a n s . Form 2034 ( F e d e r a l Housing A d m i n i s t r a t i o n ) , Loans on r e a l e s t a t e o t h e r than f a r m l a n d . P l e a s e h o l d the "blank forms a t your bank p e n d i n g r e c e i p t of t e l e g r a p h i c a d v i c e from the Board g i v i n g the d a t e on which the forms should reach t h e S t a t e bank members. Upon r e c e i p t of such t e l e g r a p h i c a d v i c e k i n d l y m a i l to each S t a t e bank member t h a t h a s n o t been f o r m a l l y p l a c e d i n l i q u i d a t i o n o r r e c e i v e r s h i p o r p o s s e s s i o n of which has not been taken by a c o n s e r v a t o r or o t h e r S t a t e o f f i c i a l 3 c o p i e s of Form 105, 2 c o p i e s each of Form B-3 ( A g r i c u l t u r e ) and Form 2034 ( F e d e r a l Housing A d m i n i s t r a t i o n ) , and an a p p r o p r i a t e number of Forms 105-b, 220, 220-a and 220-b based on the number r e q u i r e d a t the t i n e of the l a s t c a l l f o r r e p o r t s , w i t h the r e q u e s t t h a t the forms be h e l d p e n d i n g a c a l l f o r r e p o r t s t h e r e o n . Member banks should be i n s t r u c t e d to submit a l l of the r e p o r t s i n d u p l i c a t e , b o t h the o r i g i n a l and d u p l i c a t e c o p i e s to b e s i g n e d and f u l l y e x e c u t e d , w i t h t h e e x c e p t i o n of the r e p o r t s on Form B-3 ( A g r i c u l t u r e ) and Form 2034 ( F e d e r a l Housing A d m i n i s t r a t i o n ) , of which o n l y the o r i g i n a l should be s u b m i t t e d by the b a r k . The r e p o r t s on Forms B-3 and 2034 should be t r a n s m i t t e d to t h e F e d e r a l Reserve Board, and t h e o r i g i n a l s of t h e o t h e r r e p o r t s should be r e t a i n e d f o r the f i l e s of your bank and t h e c o p i e s forwarded to the Board. In t r a n s m i t t i n g the b l a n k forms to S t a t e bank members p l e a s e a d v i s e them t h a t the d a t a c a l l e d f o r on Form B-3 ( A g r i c u l t u r e ) and Form 2034 ( F e d e r a l Housing A d m i n i s t r a t i o n ) a r e r e q u i r e d f o r s p e c i f i c p u r p o s e s a t t h i s time and t h a t t h e y w i l l n o t be asked f o r r e g u l a r l y a s a p a r t of t h e c a l l report„ Upon r e c e i p t a t your bank the r e p o r t s on Forms B-3 and 2034 should be checked a g a i n s t the c o n d i t i o n r e p o r t Form 105 i n s o f a r a s the data correspond. P l e a s e f u r n i s h the Board w i t h a copy of t h e l e t t e r t r a n s m i t t i n g the 586 - 3 form^ to S t a t e bank members and a l i s t of t h e S t a t e bank members on which the c a l l i s made. I t i s r e q u e s t e d t h a t a s promptly a s p r a c t i c a b l e a f t e r t h e i s s u e of the c a l l you inform the Board, w i t h r e s p e c t to each S t a t e whose c a p i t a l c i t y l i e s i n your d i s t r i c t , whether o r n o t S t a t e a u t h o r i t i e s i s s u e d a c a l l f o r c o n d i t i o n r e p o r t s a s of t h e same d a t e a s the c a l l i s s u e d by the Board, and, i f n o t , the d a t e of t h e n e a r e s t c a l l t h e r e t o i s s u e d by t h e S t a t e . a u t h o r i ties, In c a s e r e p o r t s s u b m i t t e d i n r e s p o n s e t o such c a l l s were n o t r e - q u i r e d to be p u b l i s h e d , i n f o r m a t i o n i s r e q u e s t e d a s to t h e n e a r e s t d a t e when p u b l i c a t i o n of such r e p o r t s was r e q u i r e d . I f you a r e s a t i s f i e d t h a t a d d i t i o n a l time i s needed f o r the p r e p a r a t i o n of the r e p o r t of any a f f i l i a t e , you a r e a u t h o r i z e d on b e h a l f of the F e d e r a l Reserve Board to g r a n t an e x t e n s i o n of n o t to exceed 20 d a y s , i n a d d i t i o n to t h e o r i g i n a l p e r i o d of 10 days from the r e c e i p t by the member bank of t h e c a l l f o r t h e r e p o r t . P l e a s e f u r n i s h t h e Board w i t h a copy of each l e t t e r g r a n t i n g an e x t e n s i o n of t i m e . In a c c o r d a n c e w i t h t h e u s u a l p r a c t i c e , p l e a s e have compiled from t h e n e x t c a l l r e p o r t s (of b o t h n a t i o n a l and S t a t e bank members) and m a i l e d or wired i n time to r e a c h t h e Board w i t h i n 3 weeks of the d a t e on which the c a l l i s made, i f p r a c t i c a b l e , a s t a t e m e n t showing the amount of ( l ) eacli c l a s s of l o a n s and d i s c o u n t s as shown a g a i n s t i t e m s 1 t o S of Schedule E, (2) t o t a l d i r e c t o b l i g a t i o n s of U n i t e d S t a t e s Government, s u b - t o t a l of i t e m one i n Schedule P , (3) t o t a l o b l i g a t i o n s g u a r a n t e e d by U n i t e d S t a t e s Government a s to i n t e r e s t and p r i n c i p a l , s u b - t o t a l of item two i n Schedule F , and (4) t o t a l o t h e r bonds, s t o c k s and s e c u r i t i e s , a s shown a g a i n s t A s s e t i t e m f o u r ( t o t a l of Schedule G). S e p a r a t e f i g u r e s should be s 587 Y - u - f u r n i s h e d f o r c e n t r a l r e s e r v e c i t y member b a n k s , r e s e r v e c i t y member b a n k s , and c o u n t r y member b a n k s . Very t r u l y y o u r s , h r ) oixuj? * Chester M o r r i l l , Secretary. % Inclosure. * TO ALL FEDERAL RESERVE AG3MTS.