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61_2
a re ,alai neetin
aLord hi
of the
in the office of: the Tor
at eleven
edura1 deserve
on
dnesda,y, .
.m.,
Ir.
rburg, precidi -
iller,
-Jlano,
13ecretary.
Hamlin,
The minute's of the meeting of the Board held on
June 15 were read and
on motion;:approved.
The minutes of the meet in
of the
Lye -
mittee held onJno 15, 1, lE and 1, were
notion
approved and. the action thereint fo th r
On
i-
:1
.9
.,arburg reported that, as directed by the
Beard, he had considered the form for the statement of
condition of 2edera1.reserve banks, and, had framed a .let.;ter to the reserve banks setting forth the methods which
the Boarddeired to have them .follow in making up the
statements in the future-.
The letter referred . to was
presented and general discussion ensued.
letter from Aderal ileServe Lgent iardy with
reference to methods of rece Ain& for ?cd .- ral reserve
It
-- '.,....il. ',..:.•..
lintes of. -.I_ 13,,
.-'
,
,- '- ....red , to
.
the ,..;o1r,mittee on Iie and ._.
... lettcr fron ?ederal ,eserve
•
rytroliz....scs, of bonds
Of
•,;i4s read and the 2ecretar
ti: tt
directed to re-
3
- oard woald not obect to'this :7.7.n411
purchase,1hoh it 0...1
- -13-%c:reed vIth the princirl e
(1"
- 1.At1ve tr,
orIL
,•:•,,
,72
to cc:-
-,0
cent out J7 the
red to the
o
criALYL
o1,wat-,
oti ttee on
The appl Ica t1,1 of the .. ?1. ret itiond
Idaho,. for, trustGe powers, '.7%.11'
for
1)';
r.on
fNor....ble report,
for reeonsidertion
:a
and, on motion, referred to
("),:•t
.
tee r,'oY ,-
•
nh of:10-scow,:
13o.,.. •
he•
be transmitted to Governor Hardinz; for his approval
of the action taken.
.application
for dhanoes in stook of Aderal
Leserve Banks, dIlly recommended by the Jaamittee on
'Amber and State Banks, were, on motion, approved as
follows:
ppli ations for 2dditional LAook.
',Lhare2
J.dstrict 70. 4.
" 4ional Bank,
Clymer, ra.,
ppli cation for oriinal stock.
1.1111s, Trans.
' letter from Governor 7ancher with reference
to redIscountins- between ?ederal aeserve Banks was read
;,;172d ordered filed.
report of the Commit ee on Issue and aedemption relative to the printing of additional notes for the
cdc.laeserve 3ank of Yew York, was filed with the
Board, and it was ayeed that the "nee
overnor write an
- ropriate letter to the rew York 77,ank.
apl)
- report of the rJommittcc on Utaff approv
645
of certain chances in the salaries at the 1?ederal Reserve
Bank of New York, was presented and, onhotion,
oroved
under date of June 19.
On motion; at 12.50p.m. the Board adjourned.
Ohairman.
@FedFRASER