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588
FEDERAL RESERVE BOARD
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE T O
THE FEDERAL RESERVE BOARD

February 24, 1 9 3 3 .
B-8'81.

Dear S i r :
There i s i n c l o s e d a copy of Form 3-15> "Conputation of r e s e r v e
to be c a r r i e d with the F e d e r a l r e s e r v e bank."

T h i s form i s to take

the p l a c e of Form S t . 6059. i n c l o s e d w i t h the B o a r d ' s l e t t e r
S t . 6o64 of January 21, 1329.

The r e v i s i o n s i n t h e form were made

n e c e s s a r y by the B o a r d ' s r e c e n t r u l i n g ( s e e page 714 of t h e F e d e r a l
Reserve B u l l e t i n f o r November 1932) t h a t c e r t i f i c a t e s of d e p o s i t
p a y a b l e to o t h e r banks w i t h i n 30 days are demand d e p o s i t s w i t h i n
the meaning of S e c t i o n 19 of the Federal Reserve A c t .
Very t r u l y y o u r s ,

Chester M o r r i l l ,
Secretary,

Inclosure.

TO ALL FEDERAL RESERVE AOETTS*