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. FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD X~7070 January 23, 1932. SUBJECT: P a r L i s t . Dear S i r : A f t e r reviewing the r e p l i e s received from the Federal reserve banks to i t s l e t t e r s of December 3, 1931, the Board approved the changes i n the p a r l i s t mentioned t h e r e i n and, as s t a t e d in the Board's telegram of December 17, the January, 1932 p a r l i s t w i l l be issued in the new form. The Board has also approved the changes proposed in the form of the supplements to the par l i s t and he r a f t e r a change i n the s t a t u s of a given town or c i t y w i l l be recorded t h e r e i n , in e x a c t l y the same way i t would be shown in the p a r l i s t itself. I t i s requested t h a t , beginning with the February i s s u e , the gen- e r a l procedure o u t l i n e d below be observed in submitting changes f o r i n c l u s i o n in f u t u r e supplements to the p a r l i s t . 1. Mail advice of changes in the par l i s t , f o r i n c l u s i o n in the monthly supplements, should be sent to the Board in time to reach Washington by the 26th day of each month. On the second busine ss day of the following month, the Board should be advised by wire of any changes from the date of the mail r e p o r t up to, and i n c l u d i n g , the f i r s t calendar day of the month, which i s the date of issue of the monthly supplement. I f there are no a d d i t i o n a l changes, the Board should be so advised. 2. I f a town o r c i t y should be added to the l i s t , due to the f a c t t h a t 4 4 - X-70 2 i t has changed from a non-par s t a t u s to a p a r s t a t u s , the name of such town or c i t y should he r e p o r t e d to the Board under the caption "Add to l i s t , " and i f a town or c i t y shown on the p a r l i s t i s changed from a p a r s t a t u s to a non-par s t a t u s , the name of the town or c i t y should he r e p o r t e d under the caption "Eliminate from l i s t . " 3. I f , "by reason of the withdrawal of s t a t e hanks from the l i s t , a town or c i t y shown on the p a r l i s t i s changed from a f u l l p a r s t a t u s to a p a r t i a l p a r s t a t u s (or vice v e r s a ) , the change should be r e p o r t e d to the Board under the caption "Other changes" as f o l l o w s : Under the caption "Change from" show the name of the s t a t e and the town or c i t y and any other d a t a i n e x a c t l y the same way as i t was shown i n the preceding p a r l i s t or supplement. Under the caption "Change t o " show the name of the town or c i t y and any o t h e r d a t a i n e x a c t l y the same way i t would he shown i n the next p a r l i s t . For example, i f a s t a t e hank, say the A B C Trust Company, l o c a t e d i n Blank City, Alabama, i n which t h e r e are three s t a t e banks, a l l of which are on the p a r l i s t , withdraws from the p a r l i s t , the change should be r e p o r t e d to the Board as f o l l o w s : CKAITGE FROM ALABAMA Blank City CHANGE 10 Blank City - All n a t i o n a l banks X Y Z Trust Company B C D S t a t e Bank If a change to be made in one supplement r e v e r s e s a change in a p r i o r supplement issued since the p u b l i c a t i o n of the p a r l i s t , the r e p o r t of such change should c a l l a t t e n t i o n to t h a t f a c t . For example, i f a town or c i t y eliminated from the p a r l i s t i n one supplement i s subsequently r e s t o r e d b e f o r e the next e d i t i o n of the p a r l i s t , the r e p o r t to the Board covering such change should be followed by a note reading "Eliminated from p a r l i s t in supplement, now r e s t o r e d . " Very t r u l y yours, TO ALL GOVERNORS. Chester M o r r i l l , Secretary.
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