Full text of Mimeograph Letters and Statements of the Board : Letter From Secretary Morrill re Earnings and Expenses of Federal Reserve Banks, Number B-846, Volume 37, Page 561

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FEDERAL RESERVE BOARD
November 4, 1932.

B-8H6.

WASHINGTON
A D D R E S S OFFICIAL CORRESPONDENCE TO
T H E FEDERAL RESERVE B O A R D

SUBJECT:

Earnings and Expenses of
Federal Reserve Banks.

Dear Sir:
The general instructions governing the preparation
of reports of earnings and expenses of Federal reserve
banks, issued by the Board in December, 1922, have been
revised for the purpose of incorporating therein instructions issued since that date, and instructions relating
to depreciation allowances, reserves, etc.

The revised

instructions also indicate the form in which profit and
loss statements should be submitted to the Federal Reserve Board, and the procedure to be followed in connection with certain other end-of-year reports.

One copy

of the instructions is inclosed and a copy is being forwarded to the Federal reserve agent.

Additional copies

may be had upon request.
The instructions should be made effective as of
December 1, 1932.
Very truly yours,

Inclosure.

TO GOVERNORS


Chester Morrill,
Secretary.
OF ALL FEDERAL RESERVE BAUICS*.