The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
X-8004 FEDERAL RESERVE BOARD STATEMENT FOR THE PRESS For immediate r e l e a s e . September 13, 1934. At a meeting t h i s morning t h e F e d e r a l Reserve Board h e a r d s t a t e m e n t s by Mr. Richard Whitney, P r e s i d e n t of t h e New York Stock Exchange, and o t h e r s , i n connection w i t h t h e r e g u l a t i o n t o be i s s u e d "by t h e Board, p u r s u a n t t o t h e p r o v i s i o n s of t h e S e c u r i t i e s Exchange Act of 1934, w i t h r e g a r d to the e x t e n s i o n and maintenance of c r e d i t by b r o k e r s , d e a l e r s , and members of s e c u r i t i e s exchanges. In a d d i t i o n to Mr. Whitney, t h e r e were p r e s e n t Mr. E. H. H. Simmons, exP r e s i d e n t of t h e Hew York Stock Exchange; Messrs. Roland L. Redmond, L. Randolph Mason and Henry Alexander, of counsel f o r t h e New York Stock Exchange; Mr. S. Parker G i l b e r t , of J . P. Morgan & Co., Hew York, Hew York; Mr. Gayer G-. Dominick, of Dominick & Dominick, Hew York, Hew York; Mr. Henry W. Brower, of Laidlaw & Co., Hew York, Hew York; and Mr. Warren A. lamson, of Lamson B r o s . & Co., Chicago, Illinois. Mr. J o s e p h P. Kennedy, Chairman of t h e S e c u r i t i e s and Ex- change Commission, was a l s o p r e s e n t . The views expressed a t the meeting w i l l be given c o n s i d e r a t i o n by t h e Board i n connection w i t h t h e p r e p a r a t i o n of i t s r e g u l a t i o n which vrill be i s s u e d i n t h e very near f u t u r e .
@FedFRASER