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218

BOARD OF GOVERNORS
OF" THE

FEDERAL RESERVE SYSTEM
S-480

WASHINGTON

ADDRESS OF"FICIAL CORRESPONDENCE

..

TO THE BOARD

May 15, 1942

.
Dear Sir:
Enclosed for your information and files
is a co:i.JY of a letter addressed to a Federal Reserve Bank with reference to the application of
section 4(d) of Regulation W, regarding the Statement of Transaction, to cases in which a "coupon

.

book" is used •
Very truly yours,

..
Chester Morrill,
Secretary •

..
Enclosure

TO THE




PRESIDB~TS

OF ALL FEDERAL RESERVE BANKS