Board of Governors of the Federal Reserve System (U.S.), 1935- and Federal Reserve Board, 1914-1935. Letter From Secretary Morrill re General Policy of Treating Appreciation of Depreciation in Securities in Connection with Applications for Membership, Number X-7705, Volume 39, Page 465, Mimeograph Letters and Statements of the Board. Board of Governors of the Federal Reserve System (U.S.), 1935-. https://fraser.stlouisfed.org/archival/4957/item/505289, accessed on August 6, 2026.