View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

—t a special meeting of the Pederal deserve Board
held in the office of the qovernor on 1:aturday, February 3,
at 4 p. m..




PaLSENT:
Lir. Harding, presiding,
7r. oarburg,

Mr. 7amlin,

7.r. Delano,

Lr.

i1ii3, secretary.

The Governor of the Board called attention to the
fact that an emerency order for Federal reserve notes
had been received by telephone from the Federal Reserve
Agent at New York.

On motion, it was voted to request the

Comptroller of the Currency to ship Federal reserve notes
in the follcring denominations by the first avail_lble train
on Monday, February 5th:
,
4:10 denomination
,,
20
Total

1;3,000,000
3,200,000
6,200,000

It was directed that the Comptroller be informed
that the Federal deserve Bank of New York has arranged for
carrying excess insurance.
It was further agreed to request the Comptroller
of the Currency to cause to be shipped to the Federal Re-




CI
serve Agent at San Francisco the entire stock of Federal Reserve notes now printed and held in ;lashington
for the Federal aeserve Bank of San Francisco, amounting to W3,000,000, at the rate of 45,000,000 daily,
that being the maximum amount that can be sent to San
Francisco under the existing contract of insurance.
On motion, at 4.15 p. m., the Board adjourned.

01