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498 Lt a special meeting of the Federal Reserve Board held in the office of the Governor on Friday, May 11, at 3.15 p.m., PRLSErT: Mr. Harding, presiding, Mr. Miller, Mr. Delano, Mr. Ur. Hamlin, Mr. ;Allis, Secretary. Mr. aarburg, Governor Harding submitted a draft of a letter to all members of the joint conference committee on the pending amendments to the Federal Reserve Act, commenting upon the different proposed amendments, and expressing the views of the Board with reference to the several changes proposed in the Senate and House bills. After discussion it was agreed to send the letter solely to the Chairman of the respective Senate and House branches of the conference committee, the letter itself being adopted with minor changes. The Secretary of the Board read a letter received from the: /ssistant secretary of the Treasury conveying a report rendered by the Supervising Architect's office, concerning the proposed method of constructing the vaults at the Federal aeserve Bank of Atlanta. On motion, it was agreed that the ch%irm..n of the Committee on Operation of the 'Federal deserve Bank of Atlanta should forward the report to the Itlanta Bank, and should call attention to the points contained in it. It was also voted that similar action should be taken by the chlirman of the Committee on Operation of the 2ederal deserve Bank of dichmond with respect to the latter bank. Governor 7/arding stated that the Secretary of the Treasury had this mornin informed him of the receipt of telegrms from 1.:inneapolis stating that a meeting of bankers would be held there on T:onday, Lay 14, at which he was asked to speak. He was, however, unable to go, and had requested Governor Harding to take his place, which he thought advisable to do. On motion, it as voted that rlovernor !larding make the journey at the expense of the Board. Governor Harding further stated that on dednesday, :ay 16, the Jecretary of the Treasury would leave Viashington on an extended journey to Chicago and various points in the west, and that he had suggested that it would be to the advantage of the pending loan and work to the better understanding of the loan by 2edera1 deserve Banks if :r. Harding and Assistant Secretary Allen should accompany him. On motion it was voted that Governor Harding and Lir. _Alen should go, the Board to bear such expenses as they might incur. Governor Harding presented the _iuestion of appointing a law clerk in the office of Counsel, presenting a brief After memorandum received from Counsel on th-t subject. discussion the matter was referred back to the Committee on Staff for report. Changes in capital stock at Federal eserve Banks, recom- mended by the Committee on Limber and State Banks, were on motion, approved as follows: lipplications for Surrender of Stock. District No. 1. First National Bank, Brooks National Bank Stoneham Nationl Bank Taunton National Bank Ware National Bank 4orcester National Bank Shares. Auburn, :.1e. Torrington, Conn. Stoneham, Lass. Taunton, D.iSS. dare, :::ass. 7iorcester, 7:ass. 135 75 36 465 234 480 1425 Little ?alls,N.Y. 300 300 L16 Columbia, Pa. 3 East Smithfield 1 Parkersburg, Pa. 1 Seven Valleys, Ia. 221 District No. 2. National Herkimer County Bank District Lo. 3. Columbia National Bank First National Bank Parkersburg National Bank Seven Valleys National Bank , .i.pplications for surrender of tock.(Jon.) District 7o. 4. Phoenix & Third Natl Bank National Bank of First National Bank New Richmond Natl Bank 66 1 6 1 74 Winston-Salem :2 90 90 1 15 16 dashington, F.:ins. 15 53 Hastings, Nebr. 105 Lexington, Ky. Middlesboro, Ky. Batavia, Ohio. New Richmond, O. District No. 5. Peoples Nationtl Bank District No. 6. First Nation-1 Bank First Natiom..1 Bank assvil1e, To. Perry, z,hr. District lo. 10. First National Bank First National Bank District :To. 12. Farmers & Lierehants National Bank Livermore, ,;a1. 39 39 4:270 .4plicutions for Additional Stock. District No. 1. Bridgton National Bank First National Bank Fall River National Bank Holyoke National Bank Chicopee National Bank First National Bank Berlin National Bank Lakeport Natl Bank of Laconia First National Bank Bridgton, Me. 30 Holton, Me. Fall River, Mass. 60 60 Holyoke, Mass. 150 ass Springfield, 0 Webster, Mass. 3 Berlin, N. H. 1 N.H. Lakeport, 3 Vt Jet River White 310 District 7o. 3. First National Bank Clayton National Bank First National Bank First National Bank First National Bank ,kron National Bank Merchants National Bank Second Nation-1 Bank First National Bank ardmore National Bank National Bank of First National bank Bendersville National Bank First National Bank First-Columbia Nati Bank First National Bank Dickson City National Bank Peoples nitional Bank First National Bank Emaas National Bank First National Bank First National Bank Glenside National Bank First National Bank First National Bank First National Bank First National Bank First National Bank Kutztown National Bank Grange Nati Bk of Wyoming Jo First National Bank First National Bank Peoples National Bank Citizens National Bank Farmers National Bank L'aytown National Bank Juniata V-lley Natl Bank Farmers National Bank Millersville National Bank Union National Bank Lanticoke National Bank 1 B1.4ckwood, :.j. 1 Clayton, N.J. 1 Ierchantville, 1 Minetola, 6 Williamstown, Akron, Pa. 30 Allentom, Pa. 30 Altoona, Pa. 6 4mbler, Pa. 9 Ardmore, Pa. 1 Arendtsville, Pa. 1 Bally, Pa. Bendersville, Pa. 2 Cata,issa, Pa. 174 Columbia, Pa. 2 Dallas, Pa. 5 Dickson City, 3 Edwardsville, Pa. 2 Eldred, Pa. 15 Emaus, Pa. 2 Fawn 'Grove, Pa. Fredericksburg, P.. 3 Glenside, Fa. 1 Goldsboro, Pa. 2 Gratz, Ia. 3 Honey Brook, Pa. Huntington, Pa. 30 Jessup, Pa. 9 Kutztown, Pa. Laceyville, Pa. 2 3 Lake Yriel, Pa. 3 Landisville, Pa. 4 Lemasters, Pa. 3 Lewiston, Pa. 1 Mci.listerville, Pa. 1 Maytawn, Pa. 12 Mifflintown, Pa. 3 Pa. 1 Millersville, Pa. 1 Mount Wolf, Pa. 3 Manticoks, Pa. Applications for Additional First National Bank National Bank of Merchants National Bank Farmers & Merchants Natl Bk First National Bank Grange National Bank of McKean County South Bethlehem Natl Bank First National Bunk Swarthmore National Bank Telford National Bank Terre Hill National Bank Tremont 'National Bank Grange National Bank of Bradford County First National Bank National Bank of First National Bank took. (Con.) New Freedom, Pa. Phoenixville, Pa. Pottsville, Pa. aed Lion, Pa. Schellburg, Pa. 2 9 8 12 1 Smethport, Pa. South Bethlehem,Pa.121 1 State College, Ph. 6 Swarthmore, Pa. 1 Telford, Pa. . 1 Terre'Hill, Pa. 1 Tremont, Pa. Troy, Pa. 1 P-. wiyalusing, Pa. York, Pa. 1 1 District No. 6. First National Bank First National Bank First National Bank First National Bunk Hamilton County National Bk Merchants National Bank National Bank of Peoples National Bank First National Bank First National Bank First National Bank First National Bank Kenton National Bank First National Bank First National Bank Malta National Bank German National Bank First National Bank Mt. Gilead National Bank First National Bank Barbourville, Ky. Nicholasville, Ky. Blanchester, 0. Bremen, 0. Cleves, 0. Defiance, 0. Ellsworth, Pa. Ellwood City, Pa. Fostoria, 0. Galion, 0. Girard, 0. Grove City, 0. Kenton, 0. Londonville, 0. Louisville, 0. Malta, 0. Marietta, 0. Mendon, 0. Mt. Gilead, 0. Mt. Sterling, 0. 6 1 1 :5 12 1 1 1 1 1 6 3 501 District o. 4. (Jon.) First National Bank First National Bank First National Bank First National Bank first National bank Farmers National Bank First National Bank National Bank .of Citizens National Bank Philson National Bank Bolivar National Bank First National Bank Washington National Bank Mer3hants National Bank Carnegie National Bank First National Bank Fredonia National Bank Grove city National Bank Peoples National Bank Peoples National Bank Lyndora National Bank First National Bank Monaca National Bank First National Bank Parnassus National Bank 'First .National Bank Grange National Bank First National Bank First National Bank Newcomerstown, 0. New Holland, 0. New Vienna, 0. New Vienna, 0. Portsmouth,. 0. Seven Mile, 0. Summerfield, O. Toronto, 0. Wilmington, Berlin, Pa. Bolivar, Pa. Boswell, Pa. Burgettstown, Pa. Butler, Pa. Carnegie, Pa. Donora, Pa. Fredonia, Pa. Grove City, Pa. Jeannette, Pa. Latrobe, Pa. Lyndora, Pa: Midland Monaca, Pa. New Kensington, Fa. Parnassus, Pa. Rochester, Pa. Spartanburg, Pa. Sharon, Pa. Woodlawn, Pa. 15 1 7 5 1 3 3 9 1 1 16 1 3 27 6 1 6 3 2 2 15 6 District No. 9. City National Bunk Superior r,ational Bank Farmers National Bank First National Bank First National Bank Austin National Bank National Citizens Bank First National Bank First National Bank* Merchants 'National Bank Bessemer, Mich. Hancock, Mich. Aitkin, Minn. Alden, Minn. Argyle, Minn. Austin, :inn. Canby, Minn. , Chatfield, Minn. Delano, Minn. Detroit, Minn. 6 115 2 1 3 3 0 1 2 District. o. 9. (Con.) American Exchange.National Bk First National Bank First National Bank First National Bank First National Bank First National Bank First National Bank First National Bank Farmers National Bank First National Bank National Citizens Bank First National Bank First National Bank First National Bank National Bank of First National Bank Merchants National Bank Citizens National Bank City National Bank First National Bank First National Bank First National 'Bank First National Bank Merchants National Bank First National Bank Wells National Bank Z'indom National Bank First National Bank Worthington National Bank Farmers National Bank First National Bank First National Bank First National Bank First National Bank First National Bank Glasgow National Bank First National Bank First National Bank First National Bank Harve National Bank First National Bank United States National Bank 300 Duluth, Minn. 6 Elmore, Minn. 2 Eveleth, Minn. Fergas Falls, Y.inn. 18 2 Foley, Minn. 1 Fulda, Minn. 1 Gilbert, Minn. 3 Goodhue, Minn. 1 Hutchinson, Llinn. 1 Keewatin, Minn. Lake Benton, 7ann. 1 Lanesboro, Minn. 1 Litchfield, Minn. Laverne, Minn. Laverne, Minn. 2 Midison, Minn. 1 St. amid, Minn. 9 St. James, Minn. 2 Staples, Minn. 1 Staples, Minn. 1 Swanville, Minn. 6 Tyler, Minn. 1 Verndale, Minn. 2 .adena, :inn. aaseca, Minn. 9 Minn. 3 Vindom, Minn. 3 n. dinnebago City,Min .orthington, Minn. 8 Chinook, Mont. Columbus, Mont. 2 Cat Bank, Mont. Denton, Mont. 1 Geraldine, Mont. 9 Glasgow, Mont. 36 Mont. Glasgow, 30 Great Falls, Mont. 24 Hardin, Mont. 3 Harlowton, Mont. 6 Harve, Mont. 1 Polson, Mont. 1 Red ..ocif7e, Mont. District Th. 9. (.:on.) First National Bank First National Bank Roundup National Bank First National Bank First National Bank First National Bank Ellendale National Bank First National Bank James River National Bank First National Bank First National Bank Merchants National Bank Milner National Bank First National Bank First National Bank First National Bank First National Bank First National Bank First National Bank First National Bank National Bank of First National Bank First National Bank First National Bank Lake County National Bank First National Bank First National Bank First National Bank German American Nat], Bank First National Bank First National Bank First National Bank First National Bank Ronan, Mont. Saco, Mont. Roundup, :ont. Townsend, ':ont. Beach, N. D. Cooperstown, N.D. Ellendale, N.D. Fessenden, N.D. Jamestown, N.D. McHenry, N.D. Mandan, N. D. Mandan, N. D. Milner, N.D. New Rockford, N.D. Rock Lake, N.D. Ryder, Y.D. Sentinel Butte, 1:1) '4ashburn, Fairfax, S.D. Frankford, S.D. Gary, S.D. Groton, S. D. Howard, S. D. Lake Preston, 1-;.D. Madison, S.D. Milbank, S.D. Parker, S.D. Pierre, S.D. Redfield, S.D. Veblen, S.D. Viborg, S. D. White Lake, S. D. Frederic, Wis. 1 1 2 1 4 3 2 6 6 1 3 3 1 1 1 3 4 1 1 1 1 1 2 6 1 6 1 2 4 2 636 District No. S. City National Bank First National Bank Lynnville National Bank Farmers National Bank Security National Bank Fort Smith, Allendale, Ill. Lynnville, Ind. Glasgow, My. Jackson, 7enn. 1 1 1 2 3 0 4 District No. 10. First National Bank First National Bank First National Bank First National Bank First National Bank National Bank of Commerce National Bank of Commercial National Bank First National Bank National Bank of Ness City First National Bank Commonwealth National Bank Southwest Natl Bk of Corn. German National Bank Gering National Bank German National Bank First National Bank City National Bank Live Stock Eatl Bk of S.Omaha First National Bank First rational Bank First 'National Bank Oklahoma National Bank City National Bank Okemah National Bank Security National Bank First National Bank First National Bank First National Bank Exchange National Bank Union National Bank First National Bank First National Bank Farmers National Bank Union National Bank 1 Ault, Colo. 60 Colorado Springs 3 Loveland, Colo. 3 Rocky Ford, Oolo. 30 Trinidad, :Colo. 3 Dodge City, Kans. 6 Harper, Kansas, 3 Hutchinson, Kans. 12 Luray, Kans. 3 Ness City, Kans. 3 Syracuse, Kans. 60 Kansas City, Lo. 240 Kansas City, Yo. 9 Columbus, Nebr. 6 Gering, Nebr. 1 Hastings, Nebr. 3 Hemingford, Nebr. 30 Lincoln, Nebr. 120 Omaha, Nebr. 1 Pender, Nebr. 9 Anadarko, Okla. Broken rrow, Okla. 3 12 Chickasha, Okla. 1 Hobart, Okla. 4 Okemah, Okla. Oklahoma City,Okla. 90 45 Omulgee, Okla. 12 Sapulpa, Okla. 120 Tulsa, Okla. 150 Tulsa, Okla. 7 Tulsa, Okla. Green River, jyo. 6 Sheridan, :iyo. 1 Beggs, Okla. 24 1064 Tulsa, Okla. District :To. 12. First National Bank First National Bank First National Bank Concord, 3.A1. 7ollister, Cal. 14amanda Park, 341. 17 9 3 508 District No. 12. (eon.) Security National Bank First National Bank First National Bank First National Bank First National Bank First National Bank First National Bank First National Bank First National Bank Old National Bank Los Angeles, Gal. Mountain View, Cal. Napa, Cal. Olive, Calif. Santa Barbara, Upland Gal. Bandon, Ore. Gardiner, Ore. Joseph, Ore. Spokane, dash. 180 17 21 5 60 12 2 1 2 120 449 3247 It was agreed that on Saturday, May 12, the informal hearing requested by Mr. L. D. Hurlbert of the 1,:erch-nts Loan & Trust Company of Chicago, should take place before the Clay ton Act Committee with such other members of the Board present as might desire to attend. On motion at 4.30 p.m. the Board adjourned to meet on Monday, May 14, at 11 a.m.
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