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.

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For the Establishment of the National Monetary Commission: Report [to Accompany S. 1559]

For the Establishment of the National Monetary Commission: Report [to Accompany S. 1559]


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Description:
Senate Report No. 431, to accompany S. 1559, 81st Congress, 1st session, favorably recommends that the bill for the establishment of a National Monetary Commission should pass. The National Monetary Commission would be directed to investigate current requirements and methods covering the matters of legal reserves of banks, eligible deposits against such reserves, open market operations of the Federal Reserve banks, adequacy of eligible paper other than Government obligations, specie reserves, foreign-exchange fluctuations, and other factors. Statements from Thomas B. McCabe, Chairman of the Board of Governors of the Federal Reserve System, and John W. Snyder, Secretary of the Treasury, are included.

OCLC:
28009228

Citation:
United States. Congress. Senate. Committee on Banking and Currency, ([year]), For the Establishment of the National Monetary Commission: Report [to Accompany S. 1559], [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=287

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Date: 1949
Authors: United States. Congress. Senate. Committee on Banking and Currency

Formative Period of the Federal Reserve System (During the World Crisis)

Formative Period of the Federal Reserve System (During the World Crisis)


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Description:
A personal narrative by W. P. G. Harding, former Governor of the Federal Reserve Board, and a key figure in the early years of the Federal Reserve System. He outlines the functions of the Federal Reserve Banks and the laws and principles under which they have been conducted.

OCLC:
1515883

Citation:
Harding, W. P. G., ([year]), Formative Period of the Federal Reserve System (During the World Crisis), [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=208

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Date: 1925
Authors: Harding, W. P. G.

H.4.1 Factors Affecting Bank Reserves and Condition Statement of F.R. Banks

H.4.1 Factors Affecting Bank Reserves and Condition Statement of F.R. Banks


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Description:
Publication History:
1997 - present: Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks (H.4.1, Weekly)
1984-1997 Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of F.R. Banks (H.4.1)
1981-1984 Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks (H.4.1)
1961-1980 Factors Affecting Bank Reserves and Condition Statement of F.R. Banks (H.4.1)
1956-1961 Weekly Averages of Member Bank Reserves, Reserve Bank Credit, and Related Items and Statement of Condition of the Federal Reserve Banks (H.4.1)
1946-1955 Condition of Federal Reserve Banks (H.4.1)
1928-1946 Condition of Federal Reserve Banks (FR 283)
1914-1927 Resources and Liabilities of the Federal Reserve Banks (B 801)

Note:
Title varies slightly from 1914 to 1927. Reserve bank credit outstanding was included beginning May 29, 1930.

Releases are available on the website of the Board of Governors of the Federal Reserve System for 1996 - present.

SUDOC:
FR 1.15:

OCLC:
1523946

Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), H.4.1 Factors Affecting Bank Reserves and Condition Statement of F.R. Banks, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=83

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Availability: 1916 to 1996
Authors: Board of Governors of the Federal Reserve System (U.S.)

Half Century of Federal Reserve Policymaking, 1914-1964

Half Century of Federal Reserve Policymaking, 1914-1964


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Description:
Study based on the minutes of the meetings of the various policymaking bodies.

Imprint:
Imprint: Philadelphia, PA: Federal Reserve Bank, 1965.

Date:
1965, Federal Reserve Bank

Collection:
Meltzer, A History of the Federal Reserve Volume 1, 1913-1951

OCLC:
249582

Citation:
Anderson, Clay, 1965, Half Century of Federal Reserve Policymaking, 1914-1964, from Meltzer, A History of the Federal Reserve Volume 1, 1913-1951, accessed Aug 27, 2014 from FRASER, http://fraser.stlouisfed.org/meltzer/record.php?id=4066

Authors:

Date: 1965
Authors: Anderson, Clay

House Banking and Currency Bill: Also Comparative Print Showing the Changes Suggested by the Amendment Submitted to the Senate by Mr. Owen, Also the Changes Suggested by the Amendments Intended to be Proposed by Mr. Hitchcock to 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

House Banking and Currency Bill: Also Comparative Print Showing the Changes Suggested by the Amendment Submitted to the Senate by Mr. Owen, Also the Changes Suggested by the Amendments Intended to be Proposed by Mr. Hitchcock to 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


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Description:
Comparative print of bill to provide for the establishment of Federal Reserve Banks.

SUDOC:
Y 1.1/3:63-242

OCLC:
22536574, 56572737

Citation:
United States. Congress. Senate, ([year]), House Banking and Currency Bill: Also Comparative Print Showing the Changes Suggested by the Amendment Submitted to the Senate by Mr. Owen, Also the Changes Suggested by the Amendments Intended to be Proposed by Mr. Hitchcock to 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 Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=779

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Date: 1913
Authors: United States. Congress. Senate

Inventory of the Carter Glass Papers at the University of Virginia

Inventory of the Carter Glass Papers at the University of Virginia


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Description:
An inventory of those material in the collection that relate to the Federal Reserve System, compiled in 1954 under the supervision of E. A. Kincaid; index compiled under the supervision of Francis L. Berkeley. Prepared for the Committee on the History of the Federal Reserve Sysetm and the Brookings Institution.

Date:
July 1958,

Collection:
Brookings Institution: Papers from the Committee on the History of the Federal Reserve

Citation:
Berkeley, Francis L. (Francis Lewis), Jr., Brookings Institution. Archives, Committee on the History of the Federal Reserve System, Kincaid, Elbert A. (Elbert Alvis) and University of Virginia. Library, 1958, Inventory of the Carter Glass Papers at the University of Virginia, from Brookings Institution: Papers from the Committee on the History of the Federal Reserve, accessed Aug 27, 2014 from FRASER, http://fraser.stlouisfed.org/docs/historical/brookings/16809_carterglass.pdf

Authors:

Date: 1958
Authors: Berkeley, Francis L. (Francis Lewis), Jr., Brookings Institution. Archives, Committee on the History of the Federal Reserve System, Kincaid, Elbert A. (Elbert Alvis), University of Virginia. Library

Loans to Industry: Report [to accompany S. 3487]

Loans to Industry: Report [to accompany S. 3487]


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Description:
House Report No. 1719, to accompany S. 3487, 73rd Congress, 2nd session. This report recommends that the bill, relating to direct loans for industrial purposes by Federal Reserve banks, should pass, with amendments. The amendments include several amendments to the Reconstruction Finance Corporation Act.

OCLC:
28552779

Citation:
United States. Congress. House. Committee on Banking and Currency, ([year]), Loans to Industry: Report [to accompany S. 3487], [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=288

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Date: 1934
Authors: United States. Congress. House. Committee on Banking and Currency

Meeting of Officers of the Federal Reserve System - Photograph

Meeting of Officers of the Federal Reserve System - Photograph


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Description:
Meeting of officers of the Federal Reserve System in Washington, D.C. Officers are grouped by district number with members of the Board of Governors in the front row.

Citation:
([year]), Meeting of Officers of the Federal Reserve System - Photograph, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=818

Topics:

Date: 1914

Minutes and Recommendations of the Federal Advisory Council

Minutes and Recommendations of the Federal Advisory Council


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Description:
The minutes of the Federal Advisory Council’s meetings from 1914 to 1968 were collected into bound volumes and are currently housed at the National Archives and Records Administration facility in College Park, Maryland (NARA II). The minutes are a portion of the Records of the Federal Reserve System in Record Group 82 and consist of minutes (1914-1968) and separately bound indexes (1914-1940 and 1941-1945). Interspersed within these minutes are supplemental documents, which may cause the pagination to appear out of order.

Additional digitized items from the Records of the Federal Reserve System are available at http://fraser.stlouisfed.org/rg82/. For more information on the full collection, please visit http://www.archives.gov/research/guide-fed-records/groups/082.html.

Citation:
Board of Governors of the Federal Reserve System (U.S.). Federal Advisory Council, ([year]), Minutes and Recommendations of the Federal Advisory Council, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=1152

Authors:

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Related Publications:

Availability: 1914 to 1968
Authors: Board of Governors of the Federal Reserve System (U.S.). Federal Advisory Council

Minutes of Conference with the Federal Reserve Board of the Federal Advisory Council and the Class A Directors of the Federal Reserve Banks

Minutes of Conference with the Federal Reserve Board of the Federal Advisory Council and the Class A Directors of the Federal Reserve Banks


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Description:
The meeting was held at Washington, D.C. May 18, 1920. These minutes were presented to the Senate by Carter Glass and order to be printed February 24, 1923.

SUDOC:
FR 1.2:C 76/2

OCLC:
19301337

Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), Minutes of Conference with the Federal Reserve Board of the Federal Advisory Council and the Class A Directors of the Federal Reserve Banks, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=421

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Date: 1920
Authors: Board of Governors of the Federal Reserve System (U.S.)

Official Opinion of Thomas W. Gregory, Attorney General, Issued on November 22, 1915, Regarding the Ability of the Federal Reserve to Eliminate Bank Districts

Official Opinion of Thomas W. Gregory, Attorney General, Issued on November 22, 1915, Regarding the Ability of the Federal Reserve to Eliminate Bank Districts


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Description:
This opinion of Thomas W. Gregory, issued on November 22, 1915, regarding the ability of the Federal Reserve to eliminate Bank districts,
from Official opinions of the Attorneys General of the United States : advising the President and heads of departments in relation to their official duties. Vol. 30

OCLC:
7217494

Citation:
United States. Attorney-General, ([year]), Official Opinion of Thomas W. Gregory, Attorney General, Issued on November 22, 1915, Regarding the Ability of the Federal Reserve to Eliminate Bank Districts, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=136

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Date: 1916
Authors: United States. Attorney-General

Open Market Investment Policy: Excerpts

Open Market Investment Policy: Excerpts


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Description:
A re-examination of the record of discussions and policy decisions relating to the operations of the 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:
Riefler, Winfield W. and United States. Federal Open Market Committee, ([year]), Open Market Investment Policy: Excerpts, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=156

Authors:

Topics:

Availability: 1956 to 1956
Authors: Riefler, Winfield W., United States. Federal Open Market Committee

Outline of Federal Reserve Branch Banks Covering Powers, Functions, and Character and Volume of Business Handled

Outline of Federal Reserve Branch Banks Covering Powers, Functions, and Character and Volume of Business Handled


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Description:
Outline of powers and functions of Federal Reserve branch banks, prepared by the Division of Reports and Statistics, and the Division of Bank Operations, of the Federal Reserve Board.

OCLC:
22570583

Citation:
Board of Governors of the Federal Reserve System (U.S.), ([year]), Outline of Federal Reserve Branch Banks Covering Powers, Functions, and Character and Volume of Business Handled, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=230

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Topics:

Related Publications:

Availability: 1919 to 1925
Authors: Board of Governors of the Federal Reserve System (U.S.)

Proposed Plan for Improved Public Information for the Federal Reserve System

Proposed Plan for Improved Public Information for the Federal Reserve System


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Description:
This plan, also known as the "Roos Report," was designed to increase public understanding of the functions, responsibilities and policies of the Federal Reserve System and to enhance public confidence in the System.

Citation:
Roos, Lawrence K., ([year]), Proposed Plan for Improved Public Information for the Federal Reserve System, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=964

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Date: 1976
Authors: Roos, Lawrence K.

Questions and Answers on the Federal Reserve System

Questions and Answers on the Federal Reserve System


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OCLC:
9421003

Citation:
Federal Reserve Bank of Richmond, ([year]), Questions and Answers on the Federal Reserve System, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=1319

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Date: 1920
Authors: Federal Reserve Bank of Richmond

Reply of the Federal Reserve Board to a Letter from Senator Robert L. Owen Criticising Certain Policies of the Federal Reserve System

Reply of the Federal Reserve Board to a Letter from Senator Robert L. Owen Criticising Certain Policies of the Federal Reserve System


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OCLC:
21215041

Citation:
Board of Governors of the Federal Reserve System (U.S.) and Harding, W. P. G., ([year]), Reply of the Federal Reserve Board to a Letter from Senator Robert L. Owen Criticising Certain Policies of the Federal Reserve System, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=418

Authors:

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Date: 1920
Authors: Board of Governors of the Federal Reserve System (U.S.), Harding, W. P. G.

Shadow Open Market Committee Policy Statement and Position Papers

Shadow Open Market Committee Policy Statement and Position Papers


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Description:
The Shadow Open Market Committee (SOMC), an independent organization with members from academic institutions and private organizations, was founded by Professors Karl Brunner of the University of Rochester and Allan Meltzer of Carnegie-Mellon.  Its first semi-annual meeting was held on September 14, 1973.  The original objective was to evaluate the policy choices and actions of the Federal Reserve's Open Market Committee (FOMC).  Since 1973, the SOMC has met semi-annually to discuss economic policy. 

Additional reports of the committee are available on the Shadow Open Market Committee website.

OCLC:
15373119

Citation:
Shadow Open Market Committee, ([year]), Shadow Open Market Committee Policy Statement and Position Papers, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=82

Authors:

Topics:

Related Publications:

Availability: 1973 to 1997
Authors: Shadow Open Market Committee

Truth About the Federal Reserve System

Truth About the Federal Reserve System


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Description:
Speech in the Senate of the United States

OCLC:
8211956

Citation:
Glass, Carter and United States. Congress. Senate, ([year]), Truth About the Federal Reserve System, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=420

Authors:

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Date: 1922
Authors: Glass, Carter, United States. Congress. Senate

Work of the Federal Reserve Board

Work of the Federal Reserve Board


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Description:
Reprint from the Journal of Political Economy, January 1921.

Citation:
Reed, Harold, ([year]), Work of the Federal Reserve Board, [issue title/date], accessed Aug 27, 2014 from FRASER, http:fraser.stlouisfed.org/publication/?pid=419

Authors:

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Date: 1921
Authors: Reed, Harold