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RESPOliSE TO LETTER OF FEDEHAL HESERVE BOARD
DATED MARCH 30,
X-856
1918~
1.
Are you in '1Ctive or frequent correspondence with the Feder'l.l Reserve
Bank of AtlQnta?
2.
Would it add rn'lteris.lly to your convenience tc have Q br.-an<:h of the
FMer'll Reserve Bank of Atlanta el.ther nt Nashville, Tennessee, or
Birmingh.,.m, A1 ?.bA.ma 7
3.
If '1 br<J.nch v.rere establishec' at N"tshville, v1ou1:d it be. mere convertient
for you to sent". your items to it and to deal with it, ~mc1 send yo.ur
discounts and letters there, or vrculd you prefer tc sene~ these direct '
to the Atlanta head office?
·
4.
If '1 br!lnch were est<~.blished at Birmingh<trn, woulc:. it be rnore convenient
for you to send items to it qnd to c~e'l.l with it, 'lnd send your diseounts
<l.nd lette:o:-s there, or would you prefer to· send these direct to the
Atlanta head office?
5.
Are there any eligible state bamks in your town thr,t would be vJilling
to join the Feder"l.l Reserve system if a branch were est'lblished ':'l.t
l'hshville?
6.
.Are there any eligible state banks in your town th9.t nould be v1illing
to join the Federal Reserve system if a branch were est<"J.blished at
Birmingh<=tm? .
7.
Do you keep balances at A tlanta, <md would these be shifted to i:Jnshville
if a branch bank were lOcated in th<1t city!
• •
X-856
8.
Do you keep bal9.nces in A tlanta, and would these be shifted to
Birmingham if a branch were located in that city!
9.
10.
11.
Please explain briefly why and in what respects a branch would serve
you better than the headquarters Bank at Atlanta,
What is the mail tr"lin time - in hours and fractions thereof - from
your city to
(a)
Atlanta
(b)
Nashville
(c)
Birmingham
VJhat late afternoon or night train service have ycu between your town
and
( "1.)
Atlanta
(b)
Nashville
(c )
Birminghqm
and Will a letter mailed by you in the evening arrive the following
morning in
12.
(a)
Atl 'lnta
(b)
N"tshville
(c)
Birmingham
Please state
(a) Your bank's capital
(b) Surplus
(c)
Total ~ootings
":lS
shown by last statement
Signature_____~~----~~~~--------- Town or City____________
( Name of Bank)
By____________________________
{~tle).
____________________
Date - - - - - - - - - - - -
EX·OFP'ICIO MEMBI:FtS
W. P. G. HARDING, GOYORNOtt
PAUL M. WARBURii, VICE (;OVIRNOR
WILLIAN G. McADOO
SICRITARY OF THE TRIASURY
CHAIRMAN
JOHN SKELTON
.
WIL~IAMS
FREDERIC A. DELANO
ADOLPH C. MILLER
CHAR~ES S. HANLIN
.
FEDERAL RESERVE BOARD
COMPTROLLER OF THE CURRENCY
H. PARKER WILLIS, SECRETARY
SHERMAN P. ALLEN, ASST. SICitiTAIIY
AND fiSCAL AGINT
WASHINGTON
ADDFtESS REPLY TO
FEDERAL. RESERVE BOARD
DIVISION OF REPORTS AND STATISTICS
X-856-a
March 30, 1918.
Gentlemen:
The
Feder~l
Reserve Board has received requests
for the est"tblishment of another branch of the Federal Reestablish~
B~nk.
ing
branch is very cortsiderable (from $15,000 to $30,000,
"l.
of
As the added expense of
serve
Atlant~.
according to the functions which it is designed tc perform)
it is not desir"tble that n second branch be estnblished in the
sixth district unless there is cle11r demonstrR.tion thnt such
br~nch
is needed.
<1
You 'lre therefore requested to reply to· the
questions propounded on the attqched blank form, returning your
reply in the enclosed addressed envelope at your e'1rliest convenience.
Yours very truly,
secret':3.ry.
@FedFRASER