
Federal Reserve Collections
A wide variety of types of documents that relate to the history and function of the Federal Reserve System. Additional items can be found within the Related Topics below, and in our Special Collections. On December 23, 1913, the Federal Reserve System, which serves as the nation's central bank, was created by an act of Congress. The System consists of a seven member Board of Governors with headquarters in Washington, D.C., and twelve Reserve Banks located in major cities throughout the United States.
Related Topics:- Annual Reports of Federal Reserve Banks and Board of Governors (16 items)
- Board of Governors of the Federal Reserve System (50 items)
- Nominations of Federal Reserve Board Chairmen and Members (20 items)
- Publications from the Board of Governors (95 items)
- Public Statements of Federal Reserve Board Chairmen (12 items)
- Public Statements of Federal Reserve Board Members and Chairmen (77 items)
- Federal Open Market Committee (21 items)
- Federal Reserve Act (62 items)
- Federal Reserve Bank of Atlanta (14 items)
- Federal Reserve Bank of Boston (20 items)
- Federal Reserve Bank of Chicago (10 items)
- Federal Reserve Bank of Cleveland (8 items)
- Federal Reserve Bank of Dallas (15 items)
- Federal Reserve Bank of Kansas City (13 items)
- Federal Reserve Bank of Minneapolis (17 items)
- Federal Reserve Bank of New York (89 items)
- Historical Circulars of the Federal Reserve Bank of New York (1 items)
- Federal Reserve Bank of Philadelphia (7 items)
- Federal Reserve Bank of Richmond (15 items)
- Federal Reserve Bank of San Francisco (13 items)
- Federal Reserve Bank of St. Louis (37 items)
- Public Statements of Presidents of the Federal Reserve Bank of St. Louis (9 items)
- Humphrey-Hawkins (Monetary Policy Oversight) Hearings (2 items)
- Reserve Bank Organization Committee (30 items)
ABC of the Federal Reserve System
Description:
Subtitle: Why the Federal Reserve System was called into being, the main features of its organization, and how it works.
The author was a professor of economics at Princeton, and a firm advocate of the gold standard. Between 1922 and 1933, he served as an adviser to foreign governments, helping them establish and maintain strong currencies. His papers are available if you would like to know more about him and his career.
OCLC:
5577076
Citation:
Kemmerer, Edwin Walter, ([year]), ABC of the Federal Reserve System, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=201
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Activities and Policies of District Banks and their Implications for Monetary Policy: Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance and Urban Affairs, House of Representatives, Ninety-seventh Congress, Second Session, September 23, 1982.
OCLC:
9287508
Citation:
United States. Congress. House. Committee on Banking, Finance, and Urban Affairs, ([year]), Activities and Policies of District Banks and their Implications for Monetary Policy: Hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance and Urban Affairs, House of Representatives, Ninety-seventh Congress, Second Session, September 23, 1982., [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=203
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All Bank Statistics 1896 - 1955
Description:
The publication is a useful statistical history of banking developments in the United States and provides a reliable basis for relating banking and monetary forces to changing levels of economic activity. Included are annual balance sheet items, particularly on a standard basis (segregation of loans into real estate, collateral, and other loans), as well as data on hundreds of unincorporated (private) banks. Data is provided for both States and for major bank categories.
SUDOC:
FR 1.2:B 22/6
OCLC:
742533
Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), All Bank Statistics 1896 - 1955, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=39
Authors:
Topics:
- Banking History
- Data Publications
- Data and Statistical Publications
- Board of Governors of the Federal Reserve System
- Depressions & Panics
- Federal Reserve Collections
Related Publications:
Approved Methods for the Preparation of Balance Sheet Statements
Description:
This publication is a reprint from the Federal Reserve Bulletin, April 1917. The original article was titled "Uniform Accounting."
Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), Approved Methods for the Preparation of Balance Sheet Statements, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=707
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Audit of the Federal Reserve System: Report Together with Supplemental, Additional, Minority and Dissenting Views to Accompany H.R. 7590 ... July 10, 1975
Description:
Report, together with supplemental, additional, minority, and dissenting views, to accompany H.R. 7590 (94th Congress), a bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and the Federal Reserve banks and their branches.
OCLC:
10476812, 20161562
Citation:
United States. Congress. House. Committee on Banking, Currency and Housing, ([year]), Audit of the Federal Reserve System: Report Together with Supplemental, Additional, Minority and Dissenting Views to Accompany H.R. 7590 ... July 10, 1975, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=717
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Banking and Currency: Hearings before the Committee on Banking and Currency, United States Senate, Sixty-third Congress, First Session, on H.R. 7837 (S. 2639), a Bill to Provide for the Establishment of Federal Reserve Banks, for Furnishing an Elastic Currency, Affording Means of Rediscounting Commercial Paper, and to Establish a More Effective Supervision of Banking in the United States, and for Other Purposes
Description:
These hearings, chaired by Robert Owen and held September 2 through October 27, 1913 were held to discuss passage of the Federal Reserve Act. They are published in three volumes, as Senate Document 232, 63rd Congress, 1st Session. An index is provided at the end of Volume III.
SUDOC:
63/1:S.Doc.232/
OCLC:
6246370
Citation:
United States. Congress. Senate. Committee on Banking and Currency, ([year]), Banking and Currency: Hearings before the Committee on Banking and Currency, United States Senate, Sixty-third Congress, First Session, on H.R. 7837 (S. 2639), a Bill to Provide for the Establishment of Federal Reserve Banks, for Furnishing an Elastic Currency, Affording Means of Rediscounting Commercial Paper, and to Establish a More Effective Supervision of Banking in the United States, and for Other Purposes, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=429
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Banking and Monetary Statistics 1914-1941
Description:
This publication was designed by the Board of Governors of the Federal Reserve System to be a convenient reference source for banking and monetary statistics that previously appeared in the Board's annual reports and in the monthly Federal Reserve Bulletin. The statistics included relate primarily to the operations of the Federal Reserve System, but also include data on the condition and operation of all banks. There are also statistics on nonbank financial institutions, currency, money rates, securities markets, Treasury finance, consumer credit, gold, and international financial developments.
SUDOC:
FR 1.2:B 22/5
OCLC:
2823516
Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), Banking and Monetary Statistics 1914-1941, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=38
Authors:
Topics:
- Banking History
- Data Publications
- Data and Statistical Publications
- Board of Governors of the Federal Reserve System
- Federal Reserve Collections
- Publications from the Board of Governors
Related Publications:
Banking and Monetary Statistics 1941-1970
Description:
This publication was designed by the Board of Governors of the Federal Reserve System to be a convenient reference source for banking and monetary statistics that previously appeared in the Board's annual reports and in the monthly Federal Reserve Bulletin. The statistics included relate primarily to the operations of the Federal Reserve System, but also include data on the condition and operation of all banks. There are also statistics on nonbank financial institutions, currency, money rates, securities markets, Treasury finance, consumer credit, gold, and international financial developments.
SUDOC:
FR 1.3/a:B225/14/941-70
OCLC:
2675891
Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), Banking and Monetary Statistics 1941-1970, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=41
Authors:
Topics:
- Banking History
- Data Publications
- Data and Statistical Publications
- Board of Governors of the Federal Reserve System
- Federal Reserve Collections
- Publications from the Board of Governors
Related Publications:
Description of Federal Reserve Districts
Description:
This series of documents traces changes to the land area and population of the 12 districts of the Federal Reserve System from 1922-1998.
Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), Description of Federal Reserve Districts, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=678
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Development of Federal Reserve Policy
Description:
This contemporary account of the development and function of the Federal Reserve System in its early days, was written in 1922 by a Professor of Banking and Finance at Washington University, St. Louis.
From the Internet Archive.
OCLC:
742408
Citation:
Reed, Harold, ([year]), Development of Federal Reserve Policy, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=206
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Establishment and Operation of Branches, Agencies and Currency Funds of Federal Reserve Banks
Description:
This study presents 1) a general history of Federal Reserve Bank branches, 2) a review of the principal considerations involved in the selection of the various Federal Reserve branch, agency, and currency fund cities, 3) the results of previous branch surveys made by the Board, and 4) statistical data and comments in connection with the operation of each such units.
OCLC:
21220487
Citation:
Board of Governors of the Federal Reserve System (U.S.). Examinations Division, ([year]), Establishment and Operation of Branches, Agencies and Currency Funds of Federal Reserve Banks, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=239
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Expenses of Federal Reserve Banks
Description:
Letter from the Governor of the Federal Reserve Board transmitting in response to a Senate resolution of October 14, 1921, certain information relative to the number and salaries of employees of the Federal Reserve Banks; expenditures in the erection of buildings; expenses of general administration, and the amount of net earnings paid to the government as franchise tax.
OCLC:
6209914
Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), Expenses of Federal Reserve Banks, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=202
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Federal Open Market Committee Meeting Minutes, Transcripts, and Other Documents
Description:
Prior to 1993, the type of material now included in the FOMC Minutes was divided between two separate documents: The Record of Policy Actions and the Minutes of Actions. In the context of the Freedom of Information Act, the FOMC began releasing more information about its proceedings. While Records of Policy Actions gave background for monetary policy decisions, they did not provide information on such things as who attended FOMC meetings, and what topics, besides monetary policy, were discussed. The Minutes of Actions, first released in 1967, were designed to provide this information. They were made available to the public on the same schedule as the Record of Policy Actions. An excellent summary of the various reports from the Federal Open Market Committee since is was established in 1935 is available at the FOMC website.
Citation:
United States. Federal Open Market Committee, ([year]), Federal Open Market Committee Meeting Minutes, Transcripts, and Other Documents, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=677
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Federal Reserve Act: Its Origin and Principles
Description:
The Federal Reserve Act: Its Origin and Principles was written as a reminiscence by Senator Robert L. Owen, Oklahoma, who drafted the Act with Representative Carter Glass, Virginia. Owen served in the US Senate from 1907 to 1925 and was Chairman of the Senate Committee on Banking and Currency from 1913-1919. This small volume provides a contemporaneous view of the early days of the Federal Reserve System.
His papers are housed at The Carl Albert Center, University of Oklahoma and Library of Congress.
OCLC:
9976844
Citation:
Owen, Robert L., ([year]), Federal Reserve Act: Its Origin and Principles, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=212
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Related Publications:
Federal Reserve Act: Public--No. 43--63d Congress, H.R. 7837: An Act to Provide for the Establishment of Federal Reserve Banks, to Furnish an Elastic Currency, to Afford Means of Rediscounting Commercial Paper, to Establish a More Effective Supervision of Banking in the United States, and for Other Purposes
Description:
This act was approved by President Woodrow Wilson on December 23, 1913.
Public Law 63-43, Federal Reserve Act, December 23, 1913, digitized from the National Archives, Washington, DC, Record Group 11, General Records of the U.S. Government, A1 Entry 5B, Enrolled Acts & Resolutions of Congress, 1824-1956.
Citation:
United States, ([year]), Federal Reserve Act: Public--No. 43--63d Congress, H.R. 7837: An Act to Provide for the Establishment of Federal Reserve Banks, to Furnish an Elastic Currency, to Afford Means of Rediscounting Commercial Paper, to Establish a More Effective Supervision of Banking in the United States, and for Other Purposes, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=966
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Federal Reserve Bulletin
Description:
The monthly Federal Reserve Bulletin was introduced in 1915 by the Board of Governors of the Federal Reserve System to present policy issues and provide a journal of record of the activities of the Board. The Bulletin was also constructed to present data in the areas of business, finance, and international transactions that affect U.S. monetary policy and the goals of the Federal Reserve System. Authors from the Federal Reserve Boards' Research and Statistics, Monetary Affairs, International Finance, Banking Supervision and Regulation, Consumer and Community Affairs, Reserve Bank Operations, and Legal divisions contribute to the contents published in each issue. The Bulletin includes topical research articles, legal developments, Report on the Condition of the U.S. Banking Industry, and other general information.
In 2006, the regular publication of paper issues was discontinued and replaced with an annual compilation available online. Between 2004 and 2008, the Financial and Business Statistics section of the Bulletin was published monthly as the Statistical Supplement to the Federal Reserve Bulletin. This data is now only available as Data Sources at this website http://www.federalreserve.gov/pubs/supplement/statsupdata/statsupdata.htm
SUDOC:
FR 1.3
OCLC:
1606526
ISSN:
0014-9209
Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), Federal Reserve Bulletin, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=62
Authors:
Topics:
- Federal Open Market Committee
- Data and Statistical Publications
- Data Publications
- Board of Governors of the Federal Reserve System
- Federal Reserve Collections
- Publications from the Board of Governors
Related Publications:
Federal Reserve Open Market Investment Committee (Open Market Policy Conference)
Description:
A re-examination of the record of discussions and policy decisions relating to the operations of the Federal Open Market Investment Committee during the years 1923-1930, and of the Open Market Policy Conference during 1930 and the first half of 1931. Two reports, spanning 1923-1928 and 1929-1931, were created for the reference of Federal Open Market Committee members, describing actions taken and the reasons for those actions.
Citation:
United States. Federal Open Market Committee, ([year]), Federal Reserve Open Market Investment Committee (Open Market Policy Conference), [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=156
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Federal Reserve System -- Its Purpose and Work
Description:
Various authors contributed articles to this issue of the Annals of the American Academy of Political and Social Sciences, edited by A.D. Welton and C. H. Crennan. Published in 1922, this work documents the early organization and function of the Federal Reserve System.
OCLC:
170387
Citation:
American Academy of Political and Social Science, ([year]), Federal Reserve System -- Its Purpose and Work, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=115
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Topics:
Federal Reserve System
Imprint:
Imprint: Washington, DC: Board of Governors of the Federal Reserve System, 1947.
Date:
1947, Board of Governors of the Federal Reserve System
Citation:
Board of Governors of the Federal Reserve System (U.S.), 1947, Federal Reserve System, from Meltzer, A History of the Federal Reserve Volume 1, 1913-1951, accessed Jun 19, 2013 from FRASER, http://fraser.stlouisfed.org/meltzer/record.php?id=4088
Authors:
Federal Reserve System After Fifty Years: Hearings before the Subcommittee on Domestic Finance
Description:
The subcommittee, chaired by Representative Wright Patman of Texas, considered six legislative proposals the amend the Federal Reserve Act:
H.R. 3783, a bill to provide for the retirement of Federal Reserve bank stock, and for other purposes,
H.R. 9631, a bill to increase to 12 the number of members of the Federal Reserve Board, and for other purposes,
H.R. 9685, a bill to amend the Federal Reserve Act to provide that interest received by Federal Reserve Banks on obligations of the United States shall be covered into the Treasury as miscellaneous receipts, to authorize appropriations for the expenses of the Federal Reserve Banks and the Board of Governors of the Federal Reserve System, and for other purposes,
H.R. 9686, a bill to require the payment of interest on certain funds of the United States held on deposit in commercial banks, to provide for reimbursement of commercial banks for services performed for the United States, and for other purposes,
H.R. 9697, a bill to amend the Federal Reserve Act and the Federal Deposit Insurance Act by eliminating the prohibition against the payment of interest on demand deposits,
and H.R. 9749, a bill to amend the Federal Reserve Act to provide for Federal Reserve support of government bonds when market yields equal or exceed 4 1/4 percent.
SUDOC:
Y 4.B 22/1:F 31/34/
OCLC:
3131347
Citation:
United States. Congress. House. Committee on Banking and Currency, ([year]), Federal Reserve System After Fifty Years: Hearings before the Subcommittee on Domestic Finance, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=729
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Federal Reserve System After Fifty Years: Proposals for Improvement of the Federal Reserve and Staff Report on Hearings before the Subcommittee on Domestic Finance of the Committee on Banking and Currency
Description:
The Subcommittee on Domestic Finance, a subcommittee of the House Committee on Banking and Currency, submitted this proposal following a series of hearings that took place in early 1964. Testimony was given by 50 witnesses: including Federal Reserve officials, governors and Bank presidents, as well as representatives of banking organizations, and experts in the fields of economics, public administration, and law.
SUDOC:
Y 4.B 22/1:F 31/36
OCLC:
4537670
Citation:
United States. Congress. House. Committee on Banking and Currency, ([year]), Federal Reserve System After Fifty Years: Proposals for Improvement of the Federal Reserve and Staff Report on Hearings before the Subcommittee on Domestic Finance of the Committee on Banking and Currency, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=732
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Related Publications:
Federal Reserve System in Operation
Description:
This book was written with the intention to serve as "an introduction to the study of the Federal reserve system by college classes in banking and by business and professional men who wish to have a general idea of the purposes, structure, and functions of the system." The study primarily covers the years 1922-1925, and includes various appendices.
Written by Emanuel A. Goldenweiser, who at the time of publishing was Assistant Director of the Division of Research and Statistics, Federal Reserve Board.
OCLC:
7048011
Citation:
Goldenweiser, Emanuel A., ([year]), Federal Reserve System in Operation, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=282
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Federal Reserve System: A Blackstone Legal Training Lecture
Description:
One of a series of lectures especially prepared for the Blackstone Institute. This 1920 document was digitized for Microsoft Corporation by the Internet Archive in 2007.
OCLC:
7160379
Citation:
Willis, Henry Parker, 1874-1937, ([year]), Federal Reserve System: A Blackstone Legal Training Lecture, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=118
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Federal Reserve System: A Series on the Structure of the Federal Reserve System
Description:
A series of six pamphlets on the structure of the Federal Reserve System, published in 1981.
OCLC:
81577261
Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), Federal Reserve System: A Series on the Structure of the Federal Reserve System, [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=824
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First Board of Governors of the Federal Reserve System (Photograph)
Description:
First Board of Governors of the Federal Reserve System. Front row: Charles S. Hamlin (Chairman), W.G. McAdoo (ex-officio, Secretary of the Treasury), Frederick Delano. Back row: Paul M. Warburg, John Skelton Williams (ex-officio, Comptroller of the Currency), W.P.G. Harding, A.C. Miller
Citation:
([year]), First Board of Governors of the Federal Reserve System (Photograph), [issue title/date], accessed Jun 19, 2013 from FRASER, http:fraser.stlouisfed.org/publication/?pid=817
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