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At a meeting of the Executive Committee of the Federal deserve Board held in the office of the Vice Governor on Thursday, September 27, at 11.15 a.m., Pit-Ea:11T: Mr. arburg, ii hams, Mr. 1.111cr, Secretary. A letter drafted by Ix. Miler for transmission to Federal eserve Agent Perrin relative to problems in connection with the organization of the branches of the Northaest, and the management of clearing house examinations there, was read and, on motion, approved with modifications. A telegram from Federal deserve /gent Perrin advising against the consolidation of examinations of clearing house banks of the 17orthwest, was read and by informal agreement Laid on the table pending the receipt of a reExaminer Broderick. ;hief port from , A telegram from GovernorLynch of Lai 2rancisco relative to the disposition of over-allotments ofbonds held by Federal reserve banks was read, and also a reply to the same, the latter being approved for transmission. On motion, 11.0 .;"ommi ttce . i:Jecrot. jou lied.
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