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W. P. G. HARDING, GoVERIIOR
ALBERT STRAUSS, VICE Got~ {,
ADOLPH C. MILLER
' ' '
CHARLES 5. HAMLIN
EX-OFP'ICIO MEMB&:RS
WILLIAM G. MCADOO
SECRITARY OF THE TREASURY
CHAIRMAN
J DHN SKELTON WIUIAMS
COIIPTROt.U:R OF' TH! CURRENCY
J. A. BRODERICK. SECRETARY
l. C. ADELSON, ASSISTANT SICIIn'ARY
FEDERAL RESERVE BOARD
W. T. CHAPMAN, ASSISTANT SICRETARY
W. M. IMLAY, FISCAL MENT
wASHINGTON
"DDRDS REPLY TO
DocGmb .:;r
SUBJECT:
l'L~,
1 918.
FEDERAL RESERVE BOARD
]'c:.~m 3l;. - F.Jvisod odi tion for usc
during 1919 •.
Dear Sir:
The rovisod cdi tion of form 31!. for us~ d:uring the year 1919 will bo
sent out by tho Gov.::rrm-:mt Printing Cff.icJ sornotim.:: this wook and should rce.ch
all tho banks suf:fici:mt;ly in advance of the first of the year to onablc them
to submit their statements for January 2 on the new· fo:rm.
1'
In accordanco with the roccmrnondation of the Auditor~l Confvr<:lnc.c
held at Chicago on Nov:mbor 11 to 14, tho stat~mcnt is in tho form of a bal...
aric·:J shoot rather ·than of a trial balanc~ as has bJ.::n the cas.c heretofore,
.Although tho arrang3mcnt of tho various it~s has bo~n changed
materially; no changes in tho fo:rm of the Board~ s wo3kly stat~mont for ·pub.
lication aro contemplated at pr~scnt. Tho Board will continuo to show.tho par
value of ec3.rnirtg as sots in its published s·t:atcmont and i t is rc'l.ttostod that
the banks follow the oarno pract~c~ in thoir published statcm.:mts, so that the
f'igur:Js made public by tho Board and tho J3an:..:s may agree.
ItQJ.l OliliE - Gov ::rnmcnt dcposi ts- and i tom CLAY ~ Momb0rs 1 reserve ·
doposih .Willb -1 sot up ~cpal·atvl;v in the B03.rd~'s stat•Jt£;cnt; While items cov6r•
od by code words CINO, <X:m .:.:..16. COR..\ will b-.l ccmbincu and shoWn: against caption ".All otr.Or dcposH•> lLcluci.ing for~ig:.'l govor:r.mont cr..)di ts." Figurvs against
· i toms :BRAG and .CHOP sl;. :.-•.d.a. 'bo &how-.1 only in the scparato statcmonts prJparod
by a ·Federal .Rose:..•vo J\-:..!'11.· or any onl) of itsb:r:·anchcs, but no figures should be
shown against th3ss .t;wo iLms jn th3 consolidat.)d. stat..:::rnont showing condition
of tho Bank and its b.r·ar. chcs ccmt)in:;;d, Tho nc t difforoncc, if any, b·otwcon
. the two ibms should b8 includ.Jd wH.h traLlsit it;:ms on tho dabit or cr.,;dit side
as tho casoma1 be.
Itorns list,)d und.;r g:moral caption "D;:fJrrod availability
· .it:DJ.s" will take tho place; of items horotofor..;; r..:::portJd as 11 Coil:..;ction ·it~s"
on tho liability sid..;, wbilo i toms list..;d undor g:.;n,:;ral caption 11Uncoll.:;ct.)d
i t:3ms" ·willcontinuo '.;o b..) shown against tho samo cc-:;.rtion in' th:l :Board's sta.twmol1t. tiAll other rcsourc.;sn will b.:; ruado up of itJms :BILL, :BADE, BURS and BIW 1
anc,l ''All other liabilities" of itJms TUIE, c:.RT and CURE plus ftcm BOND on tho
rosoureo s'id.J •
. ·,
All momorandum i tJms, including tho maturity distribution of bills
and ShO:i:'t~torm S?CUri ti?s; haV'J bJsn p:.·:).n'ii;:;d On th:) rCV)tS? sid:: Of tho form·.
In ord~r to do away with dupHc.ation :i,n r:~p<:~.-~ts a. new column has boon added to
the maturi t~r classification,· s.)groq:d~ing thJ discO"~.~.ntod from th3 purcha.s3d bills
thus making it possible to oliminat~ all roforonco tomaturitio·s frc:m form 38.
Vory truly yours,
Socrotary.
St. 118
@FedFRASER