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4 5 1

federal reserve board
WASHINGTON
ADDRESS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE BOARD

November 5, 1930
St. 6775
SUBJECT:

S a l a r i e s of o f f i c e r s of
Federal reserve "banks

Dear S i r :
In accordance with the usual p r a c t i c e a s t a t e ment showing the 1931 s a l a r y provided "by your Board
of D i r e c t o r s a t i t s f i r s t meeting in January f o r each
o f f i c e r of your bank and "branches, if any, s u b j e c t to
the approval of the Federal Reserve Board, should "be
forwarded to the Board as e a r l y in January as p r a c t i cable. P l e a s e l i s t the o f f i c e r s and t h e i r s a l a r i e s
in the manner i n d i c a t e d in the a t t a c h e d form. In case
the h a n k ' s counsel i s n o t an o f f i c e r of the "bank h i s
annual r e t a i n e r f e e and any a d d i t i o n a l compensation
f o r c l e r k h i r e should be shown s e p a r a t e l y .
Very t r u l y yours,

E. M. McClelland,
Assistant Secretary.

Enclosure
TO CHAIRMAN OF EACH F. R.BiJIK*




452

OFFICERS' SALARIES FOR 1931 AT THE FEDERAL RESERVE BASK OF

AND ITS ERANCHES, IF ANY, AS PROVIDED BY THE BOARD OF DIRECTORS
SUBJECT TO APPROVAL BY THE FEDERAL RESERVE BOARD

Name




Title

Departments or
functions superv i s e d ( Form A
classification)

Total,

Annua. Salary
Dec. 31, 1931, f o r
approval of
1930
F. R. Board

officers
S t . 6775a