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FEDERAL RESERVE BOARD
WASHINGTON
address official correspondence t o
the federal reserve board

X-7192
June 27, 1932.

Dear S i r :
This w i l l confirm the telegram of t h i s d a t e quoted below
a d v i s i n g you t h a t the Board has a u t h o r i z e d the payment "by your
bank of the r e g u l a r semi-annual dividend on June 30:
"This i s to advise you t h a t the Board has a u t h o r i z e d
the payment of the r e g u l a r semi-annual dividend by
your bank on June 30, 1932."
Very t r u l y yours,

Chester M o r r i l l ,
Secretary.

TO ALL CHAIBMM.