Memorandum to Chairman Eccles, Box 50, Folder 13, Item 3

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Includes a letter to Hugh Leach and a report from Allan Sproul regarding the procedure for brokers and dealers to transact business with the New York Bank for the System Open Market Committee. Includes descriptive data regarding brokers and dealers.

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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102