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X-1550
FEDERAL RESERVE BOARD ANNOUNCE,ZBNT
WEEK ENDED AUGUST 7, 1931
CHANGES IN STATE BANE MEMBERSHIP;
District

Capital

Date

Admitted, to Membership:
2

American Express Bank & Trust Co., New York, N. Y.

$10,000,000

8- 6-31

Closed;
2
2
2
4

American Union Bank, New York, N. Y.,
International-Madison Bank & Trust Co.,New York,N.Y.
Times Square Trust Co., New York, N. Y.,
Minerva Savings & Bank Co,, Minerva, Ohio, . . . .
Absorption of National Bank*

2

Labor National Bank, Jersey City,*N. J., . . . . .
absorbed by
New Jersey Title Guarantee & Trust Co., member,. .




PERMISSION GRANTED TO EXERCISE TRUST POWERS i
None.

1,000,000
1,750,000
1,000,000
125,000

8- 5-31
8- 5-31
8- 5-31
7-31-31

400,000

7-31—51

2,000,000