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Repfod'u'ced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority E. Q* * t ^ RECEIVED F E D E R A L R E S E R V E BANK OF BOSTON R O Y DIVISION OF C H A I R M AJPiefifiERATIONS K AND FEDERAL RESERVE AGENT F R E D E R IC A .Y O U N G , GOVERNOR W IL U A M W. P A D D O C K , DEPUTY GOVERNOR W IL L IA M W ILLE -T T, C A S H IE R K F d C K E L K .C A R R )C K SECRETARY AND FEB 171936 ALLEN H. H O L L IS D E P U T Y C H A IR M A N GENERAL C O U N SEL OF THE BOARD A S S IS T A N T FE D E R A L R E S ER VE A G E N TS A S S IS T A N T C A S H IE R S E L L I S G. H U L T E R N E S T M. L E A V I T T C A R L B. P I T M A N L.W ALLACE S W E E T S E R CHARLES W IL L IA M F. G E T T E M Y D. M C R A E February 15, 1936 Board of Governors of the Federal Reserve System Washington D. C. Attention: Mr, E« L« Smead, Chief Division of Bank Operations Gentlemen: Your letter of February 12. 1936 to Mr, Curtiss, relative pa^i'o'Ifffiition in bills payable in foreign currencies purchased for system account during 1935, and the amount of United States securities allotted to this bank from the system*s special investment account during the year 1935, has been referred to me* You are advised that our records confirm the information furnished you by the Federal Reserve Bank of New York, showing our participation in bills payable in foreign currencies purchased for system account during the year 1935 amounted to $2,305,715.56, and our allotment of United States securities from the system* s special in vestment account for the year 1935 amounted to $131,666,000. ■©Erl B. Pitman Assistant Cashier H. "2 ^ Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority E. Q* 12^5% Fe d e r a l o f R R e s e r v e B a n k ic h m o n d February 14, 1936 RECEIVED FEB 15 1936 Mr. E. L. Smead, Chief, Division of Bank Operations, Board of Governors of the Federal Reserve System, Washington, D. C. Dear Mr. Smeads Eeceipt is acknowledged of voin^ letter of February 12th. giving us the amount of our bajakfs pirflcipation in bills payable in foreign currencies purchased for the system account during 1935, and the manner in which this amount will be reported on Form E; also, the amount of United States securities allotted to this bank from the System1s special investment ac count during 1935. Very truly yours, DIVISION OF BANK OPERATIONS Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority B -Q • UHS3 3 33 February 12, 1936 Mr. F. H. Curtiss t Federal Reserve Agent, Federal R « i t m Bank of Boston, Boston, Massachusetts Dear Mr. Curtiss* According to report# received fro* the Federal Reserve Bank of Sew Xork, your bank’ s participation In bills payable In foreign currencies f purchased for systea acoount during 1935* aaonnted to #2,305,715.56. This aaount will be oowbined with the saount reported opposite itea 10 on page 23 of Fora £, "Pieces of paper purchased in open aarket for own account,”and the total shown in the table on voluae of work in the Board’ s Animal Report as total bills purchased by your bank in open market for own aooount. Reports received froa the Federal Reserve Baak of lew fork also indicate that the aaount of United States securities allotted to your bank from the djrste»*s special investment account during 1935 was $131,666,000 oonilitln* of *11,906,000 United S t a t M bonds, *45,987,500 ✓ United States Treasury notes and *73,770,500 Treasury bills. Very truly yours, 'pf 1 . L. teesd, Chief, Division of Bank Operations. MFC/«#w \q \ lid) V Reproduced from the Unclassified / Declassified Holdings of the National Archives D E C L A S S IF IE D Authority E .Q * 4 .333.3* February 12 , 1936 Sr. E* I*. Austin, Federal Reserve Agent, Federa1 f t i N m Bank of Philadelphia, Philadelphia, Pennaylvania Dear Hr. Austint Aooording to reporta received froa tha Federal Reaerve Bank of Raw fork* your bank’ s participation In bllla payable In foreign currenciee , purchased for systea account during 1935# amounted to / #3fl70f358«91* Thia aaount will be ooablned with tha aaount re ported oppoalta it«» 10 on page 23 of fora 1 9 "Pieces of paper pur chased in open earket for own account", and the total ahoan in the table on volu»e of aork i n t h e Board*a Annual Report a* total M i l e purchased by your bank in open market for o«n account. Raporta received torn the Federal Reserve Bank of Rev fork also indicate that the aaount of United States eeouritiea allotted to your bank f*oa the Bystea'e special inveetaent aooount during 1935 was #151,791,000 consisting of #13,651,500 United States bonda, #56,466,500 United Btatea Treasury notea and #81,673,000 Treasury bills. fery truly yours, B. L. Oaead, Chief, Division of Bank Operations £& . Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority E. Q* rlj.'i„-(^;0n .-.ok Operations !■ Ko'f r.. - f A, February 12, 1936 Hr. W. 1 . Flat©her, Acting Federal Reserve Agent, Federal Reserve Bank of Cleveland, Cleveland, Ohio Dear Hr. Fletcheri According to report* received froa the Federal Reserve Bank of Bow forki your bank** participation in bills payable in foreign currencies, purchased for systea account during 1935* aaounted to / 12,987,333.77. this aaount will ba contained with the aaount re~ ported opposite itea 10 on page 23 of Fora I f *Pieoee of paper purchaeed la open aarket for ova aooount , 11 and the total shovn in the table on voluae of work In the Board's Animal Report ae total bill* purchased by your bank in open aarket for o«n aooount. Reports received froa the Federal Reserve Bank of Rev fork also indioate that the saount of Waited States securities allotted to yogr bank froa the Systea*s speolal lnvestaent aooount during 1935 ■ j * « » s # ^ f905faoo oonsiating of #16,775,300 Ohited States bondsf i ✓ ✓ #66,657,500 United States treasury notes and $102,473,000 treasury bills. Very truly yours, S. If, Saead, Chief, Division of Bank Operatione Reproduced from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority B • ll$S% Division of Bank Operations File February 12, 1936 Mr. jr. Q. Fry, Assistant Federal Reserve Agent, Federal Reserve Bank of Richmond, Richmond, Vs. Dear Mr. Ityi According to rsports received from the Federal Reserve Bank of law fork, your bank’ s participation in bills payable In foreign currencies, purchased for system account during 1935* amounted to #1,163,487.90. This amount will be combined with the amount rer- ported opposite Itea 10 on page 23 of Fora S, "Pieces of paper pur chased in open market for own account,* and the total shown in the table on volume of work In the Board’ s Annual Report as total bills purchased by your bank In open market for own account. Reports received from the Federal Reserve Bank of Bew Xork also indicate that the amount of United States securities allotted to your bank from the System's special Investment account during 1935 7 was #108,320,500 consisting of #10,437,000 United States bonds, $42,205,500 United States Treasury notes and #56,178,000 treasury bills. Very truly yours, S. L. Snead, Ohief, Division of Bank Operations. MFC/mow from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority £ .0 • February 12,1936 Mr. L. M. Clark, A*Blatant Federal Reaerv® Agent, Federal Reserve Bank of Atlanta, Atlanta, Georgia Dear Mr. Clark• According to report* received from the Federal Reserve Bank of Sew Xork, your bank's participation in bills payable in foreign currencies , purchased for system account during 1935 f amounted to #1,132,042.27. This amount will be combined with the amount re ported opposite item 10 on page 23 of Form 1 9 "Pieces of paper pur chased in open market for own account,# and the total shown in the table on volume of work in the Board’ s Annual Report as total bills purchased by your bank in open market for own account. Reports received from the Federal Reserve Bank of Mew lork also indicate that the amount of United States securities allotted to your bank from the System•s special investment account during 1935 was #79,019,500 consisting of $7,146,000 United States bonds, 127,597,500 United States Treasury notes and #44,276,000 Treasury bills. Very truly yours, E. L. Smead, Chief, Division of Bank Operations MFC/mow Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority £ .0 * IffiSS 'i 5 i February 12 , 1936 Mr. E. If. Stevens, Federal Reserve Agent, Federal Reserve Bank of Chicago, Ohlcago, Illinois Dear Mr. Stevens t According to reporta received from the Federal Reserve Bank of lew fork, your bank*a participation in bills payable in foreign currencies, purchased for systea account during 1935, amounted to #3,714,763# 98* This amount will be combined with the amount reported opposite item 10 oa page 23 of Fora E* "Pieces of paper purchased In open market for own account,* and the total shown ini the table on m volume of work in the Board*a Annual Report as total bills purchased by your bank la open market for own account. Reports received froa the Federal Reserve Bank of lew forte also indicate that the aaount of United States securities allotted to your bank froa the System *a special lavestment account during 1935 was #265,562,000 consisting of #25,520,500 ini tad States bonds, 189,888,000 United States Treasury notes and #150,173,500 treasury bills. Very truly yours, 1. L. Snead, Chief, Division of Bank Operations y Reproduced from the Unclassified / Declassified Holdings of the National Archives D E C L A S S IF IE D Authority £ * U^5% J \ February 12, 1936 Mr. J. 3. food, Federal Reserve Agent, Federal Reserve Bank of St. Louis, St. Lottie, Mo. Dear Mr. foodt According to reports received from the Federal Reserve lank of Hew fork, your bank's participation in bills payable in foreign currencies, purchased for system account during 1935» amounted to 1622,141.71. Thin amount will be combined with the amount reported opposite item 10 on page 23 of Form 1, "Pieces of paper purchased in open market for own account,* and the total shown in the table on volume of work In the Board's Annual Report as total bills purchased by your bank in open market for own account. Reports received from the Federal Reserve Bank of Hew Xork also indicate that the amount of United States securities allotted to your bank from the System's special investment account during 1935 was #104,236,500 consisting of $10,322,500 United States bonds, #40,939,000 United States Treasury notes and 152,975,000 Treasury bills. Very truly yours, E. L. Smead, Chief, Division of Bank Operations. Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority E .0 * IffiSS February 12 , 1936 Mr. J. S. Peyton, Federal Reserve Agent, Federal Reserve Bank of Minneapolis , Minneapolis, Minnesota Dear Mr. Peytoni According to reporta received from the Federal Reaerve Bank of lev fork, your bank’ s participation in billa payable in foreign currenoie#, purchafed for system account during 1935, amounted to V'" #497,713.35* This amount will be combined with the amount reported opposite item 10 on page 23 of Form £, ^Pieces of paper purchased in open market forcwn account,* and the total shown In the table on volume of work in the Board’ s Annual Report as total bills purchased by your bank in open market fox own account. Reports received from the Federal Reserve Bank of lew fork also indicate that the amount of United States securities allotted to your bank fro® the System’ s special investment account during 1935 / ^ was #64,073#000 consisting of IS,854,500United States bonds, ' ■ / #25,660,500 United States Treasury notes and #32,558,000 Treasury bills Very tviily yours, 1. L. Snead, Ohief, Division of Bank Operations Reproduced from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority E. Q* February 12, 1936 Mr. A. M. McAdams , Assistant Federal Reserve Agent, Federal Reserve Bank of Kansas City, Kansas City, Mo. Sear Hr. McAdamss According to reports received trom the Federal Reserve Bank of Sew York, your bank*s participation in bills payable in foreign currencies, purchased for system account during 1935# amounted to #849,031.72. This amount will be combined with the amount reported opposite item 10 on page 23 of Form I, "Pieces of paper purchased in open market for own account," and the total shown In the table on volume of work in the Board*s Annual Report as total bills purchased by your bank in open market for own account. Eeports received from the Federal Reserve Bank of Sew fork also indicate that the amount of United States securities allotted to your bank from the System^ special investment account during 1935 was #102,700,500 consisting of #10,243,000 United States bonds, #40,495,000 United States Treasury notes and #51,962,500 Treasury bills. Very truly yours, 1. L. Smead, Chief, Division of Bank Operations MPO/mow Reproduced from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority £ 3 3 3, 3 y f February 12, 1936 Hr. 0. 0. Federal Rt m i t * Agent, Federal Reserve Bank of Dallae, Dallas, Texas Dear ltr. Walsh i According to report* received from the Federal Reserve Sank of Saw fork, your bank's participation ls» bill* payable la foreign currencies, purchased for systea account daring 1935# amounted to #817,586*10. this aaount will ba ooabined with the aaount re ported oppoelte Itea 10 on page 23 of Fora S, *Pieoee of paper pur g e s ad la open aarket for own aooount,* and the total shown In the table on volume of work In the Board's Annual Report as total bills purchased by your bank in open aarket for own aooount. Reports received from the Federal Reserve Bank of lew fork aleo Indicate that the aaount of Bnlted States securities allotted to your bank froa the gystea's special Inveataent aooount during 1935 was #71,578,000 consisting of #6,762,500 United States bonds, #30,248,500 Halted States Treasury notes and #34,567,000 treasury bills. fery truly yours, 1. L. Smead, Chief, Division of Bank Operations. Reproduced from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority E OV.-iiiou of Bank Operations FAt » 'V j / February 12,1936 Hr* S. Q. Sargent, Assistant Federal Reserve Agent, Federal Reserve Sank of San Francisco, San Francisco, California Dear Mr. Sargent» According to reports received fro* the Federal Reserve Bank of Sew fork, your bank*s participation in bills payable In foreign currencies, purchased for system account during 1935, amounted to 12,201,193.32* This amount will be combined with the amount re ported opposite item 10 on page 23 of Form I, "Pieces of paper pur chased in open market for own account,* and the total shown in the table on volume of work in the Board's Annual Report as total bills purchased by your bank in open market for own account. Reports received from the Federal Reserve Bank of New fork also indicate that the amount of United States securities allotted to your bank from the System *s special investment account during 1935 was #191,786,500 consisting of #17,931,000 United States bonds, #77,5^0,500 United States Treasury notes and #96,315,000 Treasury bills. Very truly yours, 1. L. Smead, Chief, Division of Bank Operations iPC/mcw Reproduced from the Unclassified I Declassified Holdings of the National Archives D E C L A S S IF IE D E .Q * Authority Division of Bank Operations Fife 3 3 3- 3 * Y F e b ru a ry % % 1935 H r, F . I . C u r t is s , F e d e ra l R eserve A gent, F e d e ra l B e **rw e Bank o f B o sto n , B oston, H a **, Dear Mr, Cu*ti**t According to report* received froa the Federal teserve Bank of Bew York, your bank's participation in M i l * payable In foreign currencies, purchased for eystea account during 193*** aaounted to $2,525*285.^0 . this aaouat will be coabined with the aaount re* ported opposite Iteai 7 on Pag* 16 of Form S» "Pieces of paper parchased in open aaifcet for own account,* and the total shown in the table on voluae of work in the Federal teeerwe Board** Annual teport a* total hill* purchased by your bank.. Beports received fro* the Federal Beeerve Bank of lew Tork aleo iaAioate that the aaount of United State* securities allotted to jour hank froa the Sy* tea's epeeial inweetaent account during 193* was $180,236 ,200 consisting of $S,H03,000 United States honds, $57*075*200 United State* treasury notes, $16,319*000 Certificates of indebtedness, and $9$,**39.000 Treasurer hills, ?*ry truly yours, J, B. Fan Fossen, Assistant Chief, JHvlelon of Bank Operations P Y Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority £ . 0 * Division of Bank Operations > j February 19, 1935 Mr. B. I. Austin, Federal Reserve Agent, Federal Be ••nr* Bank of Philadelphia, Philadelphia, Pa. Bear Mr. Austin} Accord! ng to reporte received froa the Federal Reserve Bank of lev Tork, your bank's participation In bills payabli in foreign currencies, purchased for eyestea account during 193**. aaounted to $3 *6^ 7 *635.02, fills amount will be combined with the amount re ported opposite itea 7 on page 16 of For® I, ♦‘ Pieces of paper pur~ chased in open Market for own account,* and the total shown In the table on volume of work In the Federal Reserve Board *s Annual Report as total bills purchased by your bank. Reports received from the Federal leeerve Bank of lew Tork also indicate that the amount of United States securities allotted to your bank froa the Systea 1s special Investment account during 193** was $187,992,000 consisting of $S#76^*500 United States bonds, $59*531,000 United States treasury notes, $17,020,000 Certificates of Indebtedness, and $102,676*500 treasury bills. Very truly yours, f. R. Fan Fosaen, Assistant Chief, Division of Bank Operations. Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority £ . 0 * 11*15% V Division of Bank Operations Fife f ebruary 1 % 1935 Mr. *. I. FI etcher, Acting Federal Reserve Meat, Federal Reserve Bank of Cleveland, Cleveland, Ohio Dear Mr. FI etcher: According to report* received from the Federal Reserve lank of See fork, your bank's participation la bills payable la foreign currencies, purchased for eystem account during 193^, amounted to $3 #319*573.52. fhls amount will be combined with the asKmnt re ported opposite Item ? on page l6 of Fora S, "Fleces of paper par* chased Im open market. for own account," and the total shown In the table on volume of work in the Federal Be serve Board's Annual Heport as total bills purchased by your bank. Reports received from the Federal Reserve lank of Hew Xork also Indicate that the amount of United States securities allotted to your bank from the System's special investment account during 193** was $2*^,583,000 consisting of $11,^03,000 United States bonds, $77.^53,000 United States Treasury notes, $22,1 ^ , 0 0 0 Certificates of Indebtedness, and $133,583,000 Treaeury bills. Very truly yours, ¥ R. Van Fossen, Assistant Chief, Division of Bank Operations Reproduced from the Unclassified I Declassified Holdings of the National Archives D E C L A S S IF IE D Authority E . Q * 11^5% Division of Bank Operations Fits 3 ^ fabraary 19, 1935 Mr. V. t. loxtoa, Fadaral Ba*«rva Aftoat, Fadaral B**omra Bank of fttehnoad, Rtchnoad, Va. Daar Mr. Boston: According to reports r«Q«lwd from tha Fadaral ta*arva Back of Maw Tork, your bank1* participation la M i l s payabla la foraiga eurraaeiaa, purchased for ay*tei& aecouat duria§ 193**, amouatad to $1,313,997.85. fht* awotrnt will b* combined with tha aaouat ra~ portad oppo*it* ita» ? oa paga l 6 of Form 1, "Fivaaa of papar pur* ehaaaA la opaa w k a t for ova aoooaat, * aad tha total *hova la tha tabla oa voluxia of work la tha Fadaral Rotarra Board** Aaaual Re port at total M i l * purohaaad by your baak, ftaport* received fron tha Fodaral tasarva Baak of lav Tork alto iadleata that tha amraat of Daitad Stata* aaearitia* allottod to yotir baak fron tha Sy»t«a** apacial iavaotnaat aocouat durta* 193** va# $111,815,500 coaolattajc of $5,368,000 Sal tad State* beads, $36,157,500 tJaitad Stataa Treasury aotat, $9,730,000 Certificate* of ladabtadaaas, aad $ 60,560,000 treasury bill*. Vary truly your*, hi 4. 8 * T«a Fossaa, A**i*taat Chiaf, Division of Baak Operation* : Reproduced from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority £ . Q * 11^5% Division of Bank Operations File Fobraafjr 19, 1935 I f , L. i , Clark, Aitiotaat Fodoral Booorwo Agoat, Fodoral Booonro Bank of Atl anta, Attaata* da* Boar Mr, Clark: According to roporto rooolvod from tho Fodoral Itooorro Bank of loo fork, jrour bank's participation la U U i pagrtll# la fonlgn e«rmoi««. parchaoad for oyotoa account darlag 1931*. aaouatod to $1,2X0,261.18. ffeto aaoaat will bo ooatblaod with tho amount roportid oppootto ltoa ? oa pago ll of Fori 1, *?loeoo of papor parchaood la opoa aarkot for ova accoant,* axid tlio total ohova ia tho tablo oa volaao of vork ia tbo Fodoral Booorro Board's lanml fisport ao total blllo pturehasod by your baak. Boporto rooolvsd froa tbo Fodoral losorvo Bank of Bov Toik aloo iadioato that tho aaoaat of Haltod Statoo sooarltloo allot tod to year bank froa tho S/stoa's opoolal lavootaoat account darlag 193% **• $100,036,000 consisting of 767,000 Unitod Statoo bonds, $32,3^1»ooo Unitod Stat os froaoury aotoo, |S» 731 #000 Cortlfloatoo of ta&obto&aoos, aad #5^,197.000 Traasnr/ bills. ▼ory truly yours. I. B. faa Fosooa, Assistant Chi of Dlvl oloa of Baak, Oporat tons i j i Reproduced from the Unclassified I Declassified Holdings of the National Archives D E C L A S S IF IE D Authority E . O * 11^5% Fobruafy 19. 1935 Mr. S. M. Fadaral Boo orto Af*nt, Fodoral loaorvo Bank of Chicago. Chicago, 111. Boar Mr. St•▼•nit According to roporto roe«tvod from tho Fodoral Rooonro Bank of low York, your bank1* participation In M i l * payabla In forolgn eurronoioa, purchaoad for ayaton aeeount during 193**, aaountod to # $^,^19,250.12. fhta aiaount will bo eoabtnod with tho M o u n t roportad oppoait* tt«K 7 on m o 1$ of Font X, "Fioooa of papor purohaoad in opoa aarkat for own account,» and the total ahown la tho tablo on volfuaa of work in tho Fodoral Boaarra Board** A&nafcfc Roport aa total M i l a purehaaod by your bank*. Reporta roeolvod from tho Fadaral Reaorro Bank of Vow York ftloo iaftloato that tho aaount of tin!tod Statoa aocurltloa i&lottod to your bank fro® tho Syatoa* a •pooial invootnont aeeount during 193** *»• $*25,022,000 eonalatlag of $19,795,000 United Statoa bonda, $13^, ^17# 500 Unltod Statoa froaoury notoa, $3Sf 651,500 Cortlflcatoa of laAobtadaoaa, and $232,1$S,0®0 fraatury bill*. Yeiy truly youra 111jlotant Chief ^Operation* Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority E. Q* February 19, 1935 Mr. J. S. food, Federal Beserve Agent, Federal Beserve Bank of St. touts, St. Louts, i<o. Dear Mr. Woods According to reports received from the federal Beserve Beak- of Hew fork* your bank*s participation la bills payable in foreign currencies, purchased for system account during 193^, amounted to $8^9,668.10. This amount will be combined with the amount reported opposite item 7 on page l6 of fora K, “ Pieces of paper purchased in open market for own account,* and the total shown In the table on volume of work in the Federal Reserve Board‘ a Annual Report as total bills purchased by your bank. Reports received from the Federal Heserve Bank of New fork also indicate that the amount of United States securities allotted to your bank froa the System's special investment account during 193^ was $106,^35*500 consisting of $**,962,000 United States bonds, $33,705,500 United States Treasury notes, $9*637,500 Certificates of indebtedness, and $58,130,500 Treasury bills. Very truly yours, /<?../ J. R. Van Fossen, Assistant Chief Division of Bank Operations Reproduced from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority E.O* Division of Bank Operations File February 19, 1935 M r . J, H. Psyton, Federal Reserve Agent, Federal Beserve Bank of Minneapolis, Minneapolis, Mian. Dear Mr. Feytent According to reports received froa the federal Beserve Bank of lew Tork, your bank's participation in M i l a payable In foreign cur rencies, purchased for eystea accouat during 193^» aaount ed to $ 592*206.85» T M « amount *111 be combined with the aaount reported oppo«it« ltaa 7 on p*c* of For* I, *Pl.c.» of pep«r parebaMd In apsn aavket for ova account,* and the total shown In the table os voluae of worfe la the Federal leserve Board’ s Aanaal Beport as total bills purehaaed by your bank. Beporte received froa the Federal leeerre Bank of lew Yortfc alee iotlcate that the aaount of United States securities allotted to your beak froa the Systea* e special lavestaent aooount during 193*4 was $66,65^*500 consisting of $3,107,500 United States bonds, $21,10^,500 United States treasury notes, $6,035*000 Certificates of indebtedness, and $3^*^07*500 treasury bills. ?ary truly yours, S. B. Van Foftsen, Assistant Chief Division of Bank Operations Reproduced from the Unclassified I Declassified Holdings of the National Archives D E C L A S S IF IE D Authority E . Q * 11^5% r.i- 3 s T.bruary 19. 1935 Mr. A. II, McAdaas, Assistant federal 1 eserve Agent, Federal leserve Bank of Kansas City* Kansas City, Mo. Bear Mr, McAdaas: According to report* received from the federal Beserve Bank of lew Tork, your bank*s participation in bill* payable in foreign cur rencies, purchased for eystea account during 193*. amounted, to $968,208.93 . $hls aaount will be coabined with the aaount reported opposite ltea 7 on page l 6 of fora 1 , “ pieces of paper purchased in open market for own account," and the total shown in the table on voluae of work in the federal Reeerve Board*s Annual Report as total bills purchased by your bank. Reports received froa the Federal Reserve lank of lew Toik also indicate that the aaount of United States securitiesAlottad to your bank froa the Systea*s special investment account during 193* wae $102*951.000 consisting of $*,906,500 United States bonds, $32,*15.500 United States treasury notes, $8*9*3#500 Certificates of indebtedness, and $55,785,500 Treasury bills. fery truly yours, hi MPC/aow <1. B. fan Fossen, Assistant Chief, Division of Bank Operations, 3 yv Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority E. Q* 3 5 5 3 y February 19, 1935 Mr. C. C. Walsh, Federal S t t t m A^ent, Federal Reserve Bank of Dallas, Dallas, Texas Dear Mr. Walsht According to reports received from the Federal Reeenre Sank of Vo* Toxic, your hank1* participation in M i l t payable In foreign currenclee, purchased for system account during 193^* M o unted to $968,208,93. This flttount will ho combi n#d with the aaou&t reported ^ opposite lten 7 on pafe 16 of Font I, "Pieces of paper purchased in open Market for own account," end the total showu to the table on Tolune of work In the Federal Reserve Board's Annuel Report as total hills purchased by your hank, Reports received fro« the Federal Reserve Bank of lew fork also indicate that the awrttnt of United States securities allotted to your hank from the Systesi's special investment account durinf 193** was 169,83?#500 consist!;* of $3*290,500 United States bondf, $22,3^1,500 United States treasury notes, $6*?T3»000 Certificates of indebtedness, end $31*932,500 treasury bills. ▼ery truly yours, hf «T. R. fan Fossen Assistant Chlsf Division of Bank Operations Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority F o b t w iy £ -Q • I% 1935 Mr. 8. 0. Aoalotaat fodaral Baaarta Afoat, Fodoral Batanra Back of 9 m Francisco, Saa Franctaoo, California Dear Mr. S a r c o i m ; According to roporto rooolvod fro* tha Fadoral Beaarra Bank of Bo* Tork, your bank* a participation in b ill* payable la foral*n curranclaa, purehaaod for oyotoa account durtaf 193**# awmatod to $2tH$5,101>5. ¥&!• momat will bo ooatblaod with tha amount roportod oppoolto U o » 7 oa pa*o 16 of fora X« *Fioooo of papor purohaood la opoa aarket for ova aooouat^ aad the total ehown la tha table oa voluao of work la tho FadaraX Baeerra Board*a Annual Report at total M ila purohaood by your bank. Boporto rooolvod from tho Federal Heeerre Baak of Bov Tork aloo ladleata that tha aaoaat of tfaltod Statoo aeourlttee allottod to your baak fro* tbo 8yotoa*o opoolal lavootaoat account during 193** wa* $190,965,000 ooaalotla* of $*,903,500 Oaitod Stataa bond a, $ 60.**73.000 United Statoo Troaoury no tee, $17,291,000 Certlficatee of ladobtodaaoa, aad $104,300,500 freaeury bille. Tory truly your* J. 1. fan Toaeen, Aeeletant Chi of Dlviaioa o f Bank Operatlone. [F Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority E. Q* 12^5% January 28, 1933 Mr. fa. f. Koxton, Federal Reserve Agent, Federal Heaerve Bank of Hichraond, Richmond, Virginia. Dear Mr. Ho* to a: According to report* received fro* the Federal Reserve Bank; of Mew York, year bank** participation in M i l s payable in foreign currencies, purchased for system account daring 193?* aaount ed to $12,80^,173.01. This aaount will he combined with the aaount re ported opposite itea J on page lb of Fora 1, “ Pieces of paper pur* chased la open a»rket for own account/ and the total shown in the table on volaae of work in the Federal Reserve Board*s Annual Re port as total bills purchased by your bank. Reportg received froa the Federal Heserve Bank of Sew Tork also indicate that the aaount of- United States securities allotted to your bank fro® the Systea's special Investment account during 1932 was $69,539,000, consisting of $2,%52,000 Halted States bonds, $12,5^6,500 United States Treaaory notes, $22,0^5,500 Certificates of Indebtedness, and $32,^95*000 Treasury M i l s . Very truly yours I. L. Sinead, Chief, Division of Bank Operations. MPC/fce Reproduced from the Unclassified I Declassified Holdings of the National Archives D E C L A S S IF IE D Authority E . Q * fil# O'wite'0" F e d e r a l R e s e r v e B a n k OF Ka n s a s C ^ Rtf* uv’ u . „ , „ **} ,rS *} K ity O FF IC E OF FED ER A L RES ER V E AGENT http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis I Februaiy B9* 1932 Federal Reserve Board Washington, D. C. Gentlemen: Attention 1* L* Smead, Chief, Division of Bank Operations Receipt is acknowledged of your letter of February 25, advising us as to the extent of this bankTs participation in bills payable in foreign currencies purchased for the System account during 1931* and the classification of United States securities allotted to this bank fro® the System’ s special invest ment account during 1931* Reproduced from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority JE-O; 12^5% Division of Bank Operations Fils /*} i/"\ y ^ **'' . V" *?"^ February 26, 1932 Mr. J. S. Walden, J r . .Controller, federal Reserve Baak, Richmond, Virginia. ? Dear Mr. Walden: In compliance with your request of January I1*, 193* * we are en closing herewith tables showing the volume o f b ills purchased by the federal Reserve -Saak. o f Richmond during eadi month in 1931, distributed by class o f institutions from which purchased, and the volume of United States securitte* allotted to the federal Reserve Bank of Rich mond from purchases throu^a the Open Market Committee. We have not included in the figures for your bank the allotment o f $3*938.537*98 of acceptances on October l6 as we understand that they were returned to the Federal Reserve Bank of Hew Tork on the following day. This Is in accordance with the usual procedure in the case of b ills bought by the federal Reaerve Bank o f New Tork and allot ted to other reserve banks on the following day. In such cases, although the b ills are held by the Hew tork bank for one day and one day’ s earnings received thereon, they are not included in the figures of b ills purchased by the federal Reserve Bank of Hew Tork. Very truly yours, t. I*. Smead, Chief, Division of Bank Operations . Enclosures Reproduced from the Unclassified / Declassified Holdings of the National Archives D E C L A S S IF IE D Authority E -Q • Oi,Wo* ot t o * Operation Fil. February 25, 1932 Mr. Oscar Kewton, Federal Ree«rv» Agwat, Atlanta, Georgia. Dear Mr. Wewton: According to reports received from the Federal Reserve Bank of lew Toxic* your bank's participation 1b bills payabla in foreign currencies, purchased for system account daring 1931* «»ounted to $ 10 ,077,895*18 . this cttoust will be coisbined with the amount report ed opposite ltes 7 on page 16 of Form 2 , "pieces of paper purchased In open aarket for own a c c o u n t a n d the total dbown In the table on voluae of work in the federal Reserve Board's Annual Report as total bills purchased by your bank. Reports received froa the Federal Baserve lank of lew Tork also Indicate that the smount of United States securities allotted to your bank fro® the System's special Investaent account during 1931 *a» $38,811,000, consisting of 18,7^7.500 United States bonds, 11,7^2,000 United States treasury notes, $15,012,000 Certificates of indebtedness, and 113.309*500 Treasury bills. Very truly yours, S. I. Sinead, Chief. Division of S*hk Operations. m -----:— -------- -------------------- -- ---- Reproduced from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority £ D\v\stor Op**'0’ * Februaiy 25, 1932 Ur, J n o . S. food, federal «#serv* Agent, St. Louis, Missouri. Dear Mr. m>odi According to reports received froa the Federal Beserve Basic of Saw York, your bank** participation in bills payable la foreign currencies , purchased for system account during 1931* amounted to $8,807**36.78. This amount id 11 be combined ldth the aaount report ed opposite item 7 on page lb of Fora S, "Pieces of paper purchased In open market for own account,* and the total & o w n in the table on volume of work in the Federal Reserve Board*s Annual Report as total bills purchased by your bank. Beports received from the Federal Reeerve Bank of H*w fork also indioate that the snount of United States securities allotted to your bank from the Systern's special investment account during 1931 was $60,031,000^ 00M i t t lug of $12.6©»,000' Uni tad Stat.s bond*, *2.7^9.500' Bnltad State* Tr*a«ury n o t M , $24,796,500 Certificate. of indebtedness, and $19 ,821,000 Treasury bills. Very truly yours. S. £. Smead, Chief, Division of Bank Operations. Reproduced from the Unclassified / Declassified Holdings of the National Archives DECLASSIFIED Authority £ .Q » 12^5% Fill .. a Oiv\s'°n 0 0?eraUo8S W r February 25, 1932 Wr. J. n. V itch ell, Federal Heserv# Agent, Minneeto lls , Minn. Dear Hr. Mitchell: According to reports received from the Federal Reserve Bank of Hew York, your bank's participation in b ills payable In foreign currencies, purchased for system account during 193It amounted to $5,787,7^.19. fhis oeount w ill be combined with the «aount report ed opposite item 7 on page 1& of Form S, "Pieces o f paper purchased in open anarket for own account,*1 and the total shown in the table on volume of work In the Federal Reserve Board’ s Annual Beport as total b ills purchased by your bank. Reports received from the Federal Reserve Sank o f Hew York also Indicate that the amount of United States securities allotted to your bank from the System's special investment account during 1931 was $50,^9,000, consisting o f $9,073,500 United States bonds, $2,389,000 United States Treasury notes, £22,137,500 Certificates of indebtedness, and $16,8^9,000 Treasury b ills . Very truly yours, 1. I*. Smead, Chief, Division of Bank Operations. Reproduced from the Unclassified I Declassified Holdings of the National Archives DECLASSIFIED Authority E. Q* February 25, 1932 Mr. M. L. McClure, Federal Reserve Agent, Kansas City, Missouri. B e a r M r. M c C lu re ; According to report® received from the federal ^ s e r v e Bank of Wew Tork, your banlt*9 participation in M i l e payable In foreign currencies, purchased for system account during 1931* amounted to y *12 ,1*11 ,2 75 .22 . This amount will be combined with the amount re ported opposite it«c 7 on page 16 of ^orm "Pieces of paper pur chased In ope^ market for own account,** and the total shown in the table on volume of work in the Federal Reserve Board*a Annual Re port as total bills purchased by your bank. Reports received from the federal Reserve Bank of lew Tork also indicate that the amount of United States securities allotted to your bank from the Syftt«n*s special investment account during 1931 was i tS5,o35,500, consisting of ^lo,892,500 United States bonds, $3,75S,500''.United States treasury notes, $37,102,000 Certificates of 4 Indebtedness, and $27,322,500 Treasury bills. ?ery truly yours, U. 1. Sroead, Chief, Division of Bank Operations. Reproduced from the Unclassified / Declassified Holdings of the National Archives D E C L A S S IF IE D Authority E Division ot Bank Operations File February 25. 1932 Ur, Isaac B. Tfewton, Federal Reserve Agent, San Francisco. Calif „ Dear Mr. Kewtoa: According to reports received fro® the Federal Reserve Bank of New York, your bank's participation in M ils payable in foreign currencies, purchased for system account during 1931* amounted to $28,^59.982.931 this amount w ill be combined with the amount re ported opnoelte item 7 on page lb of Form *5, Mpieces of paper pur chased In open market for own account, Mand the total shown In the table on volume o f work in the Federal Reserve Board's Annual Re port as total b ills purchased by your bank. Beports received fro® the Federal Reserve Bank o f lew York also indicate that the amount o f United States securities allo tted to your bank fro® the System's special investment account during 1931 was \ V ^102,992.500, consisting o f tl8,S97.000 United States bonds, $**.939.000'United States Treasury notes, $^5,512,500 Certificates of indebtedness, and $33*®*^.000 Treasury b ills . Very truly yours, ^ . I.. 3mead, Chief, Division of Bank Opsrations.
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