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A-7796
FEDERAL RESERVE BOARD
STATEMENT FOR THE PRESS
For immediate release.

February 20, 1934.

The first meeting of the Federal Advisory Council for 1934 was
held on Tuesday, February 20.

Mr. Walter W., Smith was re-elected

President and Mr. Howard A. Loeb was elected Vice President.

These

officers as ex-officio members and Messrs. Frew, McEldowney, Kemper
and Steele will comprise the Executive Committee.

Mr. Walter

Lichtenstein was reappointed Secretary.
The Council is composed of the following members:
Federal Reserve
District No. 1.




Thomas M.. Steele, of New Haven, Conn.

Ho. 2.

Walter E. Frew, of New York, N. Y.

No. 3.

Howard A. Loeb, of Philadelphia, Pa.

No. 4.

il. C. McEldowney, of Pittsburgh, Pa*

No. 5.

Howard Bruce, of Baltimore, Md.

No. 6.

H. Lane Young, of Atlanta, Ga.

No* 7.

(Vacancy)

No * 8. Walter "J. Smith, of St. Louis, Mo.
No* 9.

Theodore Wold, of Minneapolis, Minn.

No* 10. W. T. Kemper, of Kansas City, Mo*
No. 11. Joseph II* Frost, of San Antonio, Texas.
No* 12. M. A. Arnold, of Seattle, Wash.