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I £-715? FEDERAL RESERVE BOARD ST/LTSMENT FOR THE PRESS May 17, 1952 For immediate r e l e a s e The Governors of t h e Federal Reserve Banks met today with t h e Federal Reserve Board and i t was decided t o .continue open market operations by the purchase of government s e c u r i t i e s , the extent and amount to be determined from time to time a s eonditions j u s t i f y . 3 5 7