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TELEGRAM
FEDERAL RESERVE BOARD
TZA.SEING-TON
October 2, 1934
CURTISS - Boston
CASE - Hew York
AUSTIN - Philadelphia
WILLIAMS - Cleveland

KOXTON - Richmond
NEWTON - Atlanta
.STEVENS - Chicago
FOOD - St. Louis

PEYTON - Minneapolis
MCCLURE - Kansas City
WALSH - Dallas
SARGENT - San Francisco

TRANS. NO. 2102
On account of highly technical nature of questions a r i s i n g under
Regulation T, n e c e s s i t y of conferences between Counsel's o f f i c e
and technical s t a f f and necessity of obtaining Board approval
before any rulings or interpretations are made, i t i s requested
that a l l such questions be submitted i n writing or by telegraph
rather than by telephone.

Answers to a l l questions of general

i n t e r e s t w i l l be aont simultaneously to a l l Federal reserve agents
and each Federal reserve agent i s requested to s e e that copies of
such rulings are furnished promptly to appropriate o f f i c i a l s of
each s e c u r i t i e s exchange in his d i s t r i c t .




(Signed)

L. P. BETHEA
BETHEA