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Circular No. 16

R P R IN T

Series of 1920

FED ERAL

RESERVE

BANK

OF D A L L A S

April 28, 1920.

TO THE MEMBER BANK ADDRESSED:—

For the information of your officials, and in the hope that it may be
found of interest, I am enclosing herewith a copy of the Fifth Annual
Report of the Federal Reserve Agent, covering the operations of the Fed­
eral Reserve Bank of Dallas, for the year ending December 31, 1919. The
report enclosed, with a few changes, is the same as prepared by the under­
signed and transmitted to the Federal Resterve Board. The delay in for­
warding to our member banks is attributable to inability to obtain the
report from local printers.
I sincerely hope the officers of your bank will take an early opportunity
to read this report, and after they have done so, will appreciate their com­
ment upon the same, or such suggestions for improvement in our service,
as may occur to them. The officials of this bank are constantly endeavor­
ing to render the member banks the very best possible service, and extend
facilities which are of real advantage. It is our desire to keep in close
touch with the member banks, and suggestions and constructive criticism
are always welcome and will receive proper consideration.
Respectfully,

Federal Reserve Agent.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)