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At a regular meeting of the Federal Reserve Board held in the office of the Board on Wednesday, January G, at 11:00 a. m. PRESENT: Mr. Hamlin, presiding, Mr. Warburg Mr. Delano Mr. Harding Er. Williams Mr. Miller Er. Willis, Secretary. By previous appointment, the session was devoted entirely to the hearing of representatives of the cities of Baltimore and Rich=nd with reference to the location of the Federal reserve bank for the fifth district. On the conclusion of the hearing, at 1.15 p. m. the Board adjourned. Secretary. APPROVED: Chairman.