FEDERAL RESERVE BOARD WASHINGTON

a d d r e s s o f f i c i a l c o r r e s p o n d e n c e t o t h e f e d e r a l r e s e r v e b o a r d

December 26, 193^« B-ioUy.

SUBJECT: Cal l Condit ion Reports of S t a t e Bank Members and t h e i r a f f i l i a t e s .

Dear S i r :

There have been forwarded to you today under s e p a r a t e cover the ind i -

ca ted number of copies of the seven forms a t t a c h e d h e r e t o , f o r the use of

S t a t e bank members and t h e i r a f f i l i a t e s i n submi t t i ng r e p o r t s as of the

next c a l l d a t e :

Number of cop ies Form

Form IO5, Report of cond i t ion of S t a t e bank member.

Form IO5—0 (Schedule "0")i Loams and advances to a f f i l i a t e s and investments i n and loans secured by o b l i g a t i o n s of a f f i l i a t e s .

Form 220, Report of a f f i l i a t e or ho ld ing company a f f i l i a t e .

Form 220a, p u b l i s h e r ' s copy of r e p o r t of a f f i l i a t e or ho ld ing company a f f i l i a t e .

Form 220b, I n s t r u c t i o n s f o r p r e p a r a t i o n of r e p o r t s of a f f i l i a t e s and ho ld ing company a f f i l i a t e s .

Form B~3 ( A g r i c u l t u r e ) , Farm l o a n s .

Form 2034 (Federa l Housing A d m i n i s t r a t i o n ) , Loans on r e a l e s t a t e o the r than farm l a n d .

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P l e a s e ho ld the "blank forms a t your bank pending r e c e i p t of t e l e -

graphic advice from the Board g iv ing the da te on which the forms should

reach the S t a t e bank members. Upon r e c e i p t of such t e l e g r a p h i c adv ice

k ind ly mai l to each S t a t e bank member t h a t has no t been f o r m a l l y p l aced

i n l i q u i d a t i o n or r e c e i v e r s h i p or pos se s s ion of which has not been taken

by a conse rva to r or o t h e r S t a t e o f f i c i a l 3 copies of Form 105, 2 copies

each of Form B-3 ( A g r i c u l t u r e ) and Form 2034 (Fede ra l Housing Admin i s t r a -

t i o n ) , and an a p p r o p r i a t e number of Forms 105-b, 220, 220-a and 220-b

based on the number r e q u i r e d a t the t i n e of the l a s t c a l l f o r r e p o r t s ,

wi th the r eques t t h a t the forms be h e l d pending a c a l l f o r r e p o r t s t he r eon .

Member banks should be i n s t r u c t e d to submit a l l of the r e p o r t s i n

d u p l i c a t e , bo th the o r i g i n a l and d u p l i c a t e copies to be s igned and f u l l y

executed , wi th the except ion of the r e p o r t s on Form B-3 ( A g r i c u l t u r e ) and

Form 2034 (Federa l Housing A d m i n i s t r a t i o n ) , of which only the o r i g i n a l

should be submit ted by the b a r k . The r e p o r t s on Forms B-3 and 2034

should be t r a n s m i t t e d to the Federa l Reserve Board, and t h e o r i g i n a l s of

the o the r r e p o r t s should be r e t a i n e d f o r the f i l e s of your bank and the

copies forwarded to the Board.

In t r a n s m i t t i n g the b lank forms to S t a t e bank members p l e a s e adv ise

them t h a t the d a t a c a l l e d f o r on Form B-3 ( A g r i c u l t u r e ) and Form 2034

(Federa l Housing Admin i s t r a t i on ) a r e r e q u i r e d f o r s p e c i f i c purposes a t

t h i s time and t h a t they w i l l not be asked f o r r e g u l a r l y as a p a r t of the

c a l l r epo r t „ Upon r e c e i p t a t your bank the r e p o r t s on Forms B-3 and

2034 should be checked a g a i n s t the cond i t ion r e p o r t Form 105 i n s o f a r as

t h e d a t a cor respond .

P l e a s e f u r n i s h the Board with a copy of the l e t t e r t r a n s m i t t i n g the

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form^ to S t a t e bank members and a l i s t of the S t a t e bank members on which

the c a l l i s made.

I t i s r eques t ed tha t as promptly as p r a c t i c a b l e a f t e r the i s s u e of

the c a l l you inform the Board, wi th r e s p e c t to each S t a t e whose c a p i t a l c i t y

l i e s i n your d i s t r i c t , whether o r not S t a t e a u t h o r i t i e s i s s u e d a c a l l f o r

cond i t i on r e p o r t s as of the same da te as the c a l l i s s u e d by the Board, and,

i f n o t , the d a t e of the n e a r e s t c a l l t h e r e t o i s s u e d by the S t a t e . au thor i -

t i e s , In case r e p o r t s submit ted i n response to such c a l l s were n o t r e -

quired to be p u b l i s h e d , i n fo rma t ion i s r eques ted as to the n e a r e s t d a t e

when p u b l i c a t i o n of such r e p o r t s was r e q u i r e d .

I f you a r e s a t i s f i e d t h a t a d d i t i o n a l time i s needed f o r the p r e p a r a -

t ion of the r e p o r t of any a f f i l i a t e , you a r e a u t h o r i z e d on behal f of the

Fede ra l Reserve Board to g r a n t an ex tens ion of no t to exceed 20 days , i n

a d d i t i o n to the o r i g i n a l p e r i o d of 10 days from the r e c e i p t by the member

bank of the c a l l f o r the r e p o r t . P l e a s e f u r n i s h the Board wi th a copy of

each l e t t e r g r a n t i n g an ex tens ion of t ime .

In accordance wi th the u s u a l p r a c t i c e , p l e a s e have compiled from the

next c a l l r e p o r t s (of bo th n a t i o n a l and S t a t e bank members) and mai led or

wired i n time to r each the Board wi th in 3 weeks of the da te on which the

c a l l i s made, i f p r a c t i c a b l e , a s ta tement showing the amount of ( l ) eacli

c l a s s of l o a n s and d i s c o u n t s as shown a g a i n s t i tems 1 to S of Schedule E,

(2) t o t a l d i r e c t o b l i g a t i o n s of Uni ted S t a t e s Government, s u b - t o t a l of

i tem one i n Schedule P, (3) t o t a l o b l i g a t i o n s guaran teed by Uni ted S t a t e s

Government a s to i n t e r e s t and p r i n c i p a l , s u b - t o t a l of i tem two i n Schedule

F, and (4) t o t a l o t h e r bonds, s tocks and s e c u r i t i e s , a s shown a g a i n s t

Asset i tem f o u r ( t o t a l of Schedule G). Separa te f i g u r e s should be

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s Y 587

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f u r n i s h e d f o r c e n t r a l r e s e r v e c i t y member banks, r e s e r v e c i t y member

banks , and country member banks .

Very t r u l y your s ,

* h r ) oixuj?

Chester M o r r i l l , S e c r e t a r y .

%

I n c l o s u r e .

*

TO ALL FEDERAL RESERVE AG3MTS.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis