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471

a special meeting of the Federal

eserve Board

held in the office of the Governor on Linturday, 0 tober ZO,
at 11.15

Ir. Miller,

Er. Harding, presiding,
Mr.

Mr. ,illis, b'ecretar-r.

rbu

Mr. '7i11iaAs,
On motion, the reading. of the min, tes. of the last
meeting of the Board

Was

dispensed with for the time being.

telegram from Federal 'A serve N;ent -Perrin with respect to membership of Los 4lge es tanks, was read and discussed,. and it was agreedthat the Governor make szitab1e reply
to the same.
.The

estion of the for, of the u ual weekly report

of the Federal Reserve

oard concerning the condition of Fed-

eral deserve banks, was taken ap and di cussed, the following
propositions being agreed to:
1.

-te ent shall be continued on the old or existing

basis, the comment upon the statistical statcent to follow
substantially the linob adopted in the past, and to contain
pra tically the same amount of material presented in the same
style of treatment as heretofore.




2.

The state.nent

ha

not, either this week or in the

fztre, contain any treatment of transactionc that have been
closeA durin,
;
- the wee, or other period to which the statement

lates, bat shall be confined to comment upon trans-

actions :till open or in proL;ress, as SiOWn by the
?acts relatinz
; to the transactions of the past week,
•

with special reference to Govcrnent financino., were presentea
and the L;tati tic:Ian instructed as to the t eatment to be pursued in the statement for the current week.
On motion

it Was voted that the secretary of the Loard

prepare and .c„-ive out to the press today a statement showing
the State banks. admitted to the syctem since October 1, and
±±±±

also a list showing state institutions which have aiplied for
±±,±

admission

or whose 3nards have directed that sach applica-

tion be made.
±±±




On motion, at 11.55 a.n1., the ,oard adjoarned.
4.PLAUVLD:

Jha'rman.