FEDERAL RESERVE BANK OF SAN FRANCISCO, ANNUAL STATEMENT, 1963-
JANUARY 6, 1964

To the Member Banks of the 12th Federal Reserve District.

DEAR SIRS: There is presented herewith a condensed comparative statement of condition of the Federal Reserve Bank of San Francisco, including branches, at the close of business December 31, 1963, and December 31, 1962, together with a comparison of earnings and expenses for 1963 and 1962.

DIRECTORS AND OFFICERS, DECEMBER 31, 1963

DIRECTORS

F. B. Whitman, San Francisco, Calif., Chairman and Federal Reserve agent.
John D. Fredericks, Los Angeles, Calif, deputy chairman.
Carroll F. Byrd, Willows, Calif.

Charles F. Frankland, Seattle, Wash.
Frederic S. Hirschler, San Francisco, Calif.
M. Vilas Hubbard, Pasadena, Calif.
Walter S. Johnson, San Francisco, Calif.
Fred H. Merrill, San Francisco, Calif.
Joseph Rosenblatt, Salt Lake City, Utah.

MEMBER OF FEDERAL ADVISORY COUNCIL

Elliott McAllister, San Francisco, Calif.

Eliot J. Swan, President.

OFFICERS

H. E. Hemmings, First Vice President.

J. L. Barbonchielli, Vice President.

E. R. Barglebaugh, Vice President, and manager of Seattle branch.
P. W. Cavan, Vice President.

D. M. Davenport, Vice President.

E. H. Galvin, Vice President.

David L. Grove, Vice President.

A. B. Merritt, Vice President.

A. L. Price, Vice President, and manager of Salt Lake City branch.
C. H. Watkins, Vice President, and manager of Los Angeles branch.
E. J. Martens, cashier.

Rix Maurer, Jr., Assistant Vice President.

T. W. Barrett, assistant cashier.

E. E. Bernstein, assistant cashier.

W. G. DeVries, assistant cashier.

E. E. Livingston, assistant cashier.
R. G. Retallick, assistant cashier.
E. A. Wells, assistant cashier.
J. B. Williams, assistant cashier.

G. D. Hartlin, general auditor.

R. E. McKendry, assistant general auditor.

Walter F. Scott, general counsel.

William L. Cooper, assistant general counsel.
Gault W. Lynn, director of research.

William M. Burke, senior economist.

James F. Ahlf, chief examiner.

C. H. Whitworth, administrative assistant.

Directors:

LOS ANGELES BRANCH

Robert J. Cannon, chairman.

Ralph V. Arnold.

Roy A. Britt.

S. Alfred Halgren.

Douglas Shively.

Officers:

C. H. Watkins, vice president, and manager.
D. M. Davenport, vice president.
W. E. Carter, assistant manager.
M. A. Jones, assistant manager.
G. R. Kelly, assistant manager.
G. D. Parker, assistant manager.
J. R. Robinson, assistant manager.