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F E D E R A T. R E S E R V E BOARD X-1451 WASHINGTON March 31,1919 Movss, Strong, Pes snore, Fancher, Seoy, Wellborn, SUBJECT: Boston New fork Philadelphia Cleveland Richmond Atlanta McDougal, Biggs, Wold, Miller, Van Zandt, Lynch, Chicago St.Louis Minneapolis Kansas City Dallas San Francisco Items handled by Collection Department. Please advise (One) the extent to which the f a c i l i t i e s of your c o l l e c t i o n department are used by your member banks and by Federal Reserve banks of other d i s t r i c t s , approximate number of items daily. (Two) The character of the items handled, such as b i l l of lading d r a f t s , trade acceptances, sight drafts and maturing notes and b i l l s # (Three) The approximate d i v i s i o n between items payable on demand and items payable a f t e r sight or at a future time. (Four) Approximate percentage of items handled which are payable at banks in Federal Reserve or branch c i t i e s and percentage of items payable by individuals or concerns other than banks. (Five) Wttat i f any service charge i s made by the Federal Reserve bank on paid items and on unpaid items. (Six) In case items are c o l l e c t e d f o r your account by other banks in your d i s t r i c t what charge i s made by such banks and what do you consider a f a i r charge. HARDING,
@FedFRASER