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380
B O A R D OF G O V E R N O R S
OF THE

FEDERAL

RESERVE SYSTEM
WASHINGTON

J

X-9575

A D D R E S S OFFICIAL C O R R E S P O N D E N C E
TO T H E B O A R D

November 26, 1935.
Subjects

Regulation Q - Payment of Interest on
Deposits

Dear Sir:
There are inclosed three mimeographed copies of a revision of
Regulation Q relating to "Payment of Interest on Deposits" in the form
adopted by the Board on November 26, 1955. The regulation as so revised is effective on January 1, 1936.
In order to expedite the distribution of the regulation you are
requested to have copies printed and to forward one or more copies to
each member bank in your district as soon as possible. The Supplement
to Regulation Q inclosed herewith should be printed separately from the
regulation but should be forwarded to the member banks with the regulation. The "X" number appearing on the inclosed copies of the regulation and supplement should, of course, be omitted.
An official print of the regulation will be prepared by the
Board and you are requested to adviso the Board at your early convenience as to the number of copies of such print which you desire.
Very truly yours,

Inclosures.

(X-9373-a-b)

TO ALL FEDERAL



RESERVE AGENTS

Chester Morrill,
Secretary.