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1232
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At a meeting of the Executive Corn held in
mittee of the Federal Reserve Board
d at 10:10
the office of the Governor of the Boar
a. in., on Friday, October 22,
PRESEI1T:
Mr. Hamlin, presiding

Mr. Williams

Mr. Delano
Mr. Allen, Assistant Secretary.
Bank
The request of the Federal Reserve
','2,000,000,
of Minneapolis for the preparation of
g denomiin Federal reserve notes in the followin
on Issue and
nations was aprroved by the Committee
by the ExRedemption, was presented and approved
ecutive Com!aittees
5 denomination
10
20

,;,1,000,000
600,000
400,000

, FedA letter from Mr. C. H. BosWorth
g the reeral Reserve Agent at Chicago, proposin
newal of the follGwin

bonds in the amounts in-

examinadicated, was referred to Mr. Delano for

1232-A

tion and report to the Board:
Federal Reserve Agent
0250,000
Deputy Federal Reserve Agent
150,000
Chief Clerk to Federal Reserve Agent 100,000

A recommendation for a change in the
by-laws of the New Orleans Branch of the Federal
Reserve Bank of Atlanta, approved by the Board of
the Atlanta Bank on October 15, 1915, was ordered
referred to rir. Harding for examination and recommendation.

Under the proposed change, the bank

is to open at 10i00 a. in., and close at 3:00 p. in.,
on each day except Saturday or a holiday, and on
Saturdays

to open at 10:00 a. in., and close at

12:00 noon.

Under the by-laws as originally sub-

mitted, the bank was to open at 9:00 a. in., and
close at 2:00 p. m., except Saturdays and holidays
and on Saturdays was to open at 9:00 a. in., and
close at 12:00 noon.
A letter from the Department of Justice,
Signed by Assistant Attorney General Warren, with
further reference to the action of the State Bank-







ing Commission of the State of South Dakota in
connection with national bank reserves, was presented and referred to Mr. Williams and Er. Miller for oonsideration and report to the Board.
A letter from Mr. W. H. Langford, of
Kansas City, Missouri, applying for the position
of director or cashier in one of the Federal reserve banks, was presented and referred to Mr.
Miller and Mr. Harding for action.
Attention was called to the fact that
October 31st would come on Sunday, and the Fiscal
Agent of the Board was directed to make payment
to the Board and its employees for the last half
of October, on October 30th.
The Executive Committee adjourned without date.

Secretary.
APPROVED:

Chairman.