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http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis KEY TO INDEX Branch Banks, Domestic, FRBanks and Foreign, see Branch banks Consumer Credit, see Regulations, Board of Governors, W Directors of FRBanks and Branches, see Directors Guarantee of War Loans, see War Loans National Banks are listed under heading National Banks Section 32 of Banking Act of 1933, see Relations with Dealers in Securities Securities Exchange Act, see Securities Exchange Administration State Banks are listed under State Member Banks, Membership and Nonmember Banks http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis INDEX 1943 nAn Pages Acceptances up to 100 per cent of capital and surplus: National Bank of Commerce in New Orleans, La., application approved Advertisements: Askins Clothing Company, Denver, Colorado, sale of group of related articles with no down payment required is violation of Regulation Regulation tr, offering credit under Sec. 8(h), copies sent by FRBank of Cleveland Remington Rand, Inc., cycle billing under Regulation Yr, objections to references to FRSystem Violations of Regulation Vv, use to encourage or facilitate evasions, considered part of larger problem Advertising as aid in stabilization program and the war effort, no report to be made on S. 1073 at present Affiliates: Akron Central Tower Company, acquisition of capital stock by First-Central Trust Company, Akron, Ohio, applicability of sections 23A and 24A of FRAct American Investment Corporation, republication of report of, by Commercial Security Bank of Ogden, Utah, not necessary but to be published at time of next call Arkansas Radio and Equipment Co., Little Rock, Ark.: Exchange Bank and Trust Company, El Dorado, Ark., not to be required to publish report Bank of America N. T. & S. A., participation in election of directors of FRBank of San Francisco, letter advising of ineligibility for, because of affiliate relationship with Transamerica Corporation Election of directors, view of Board protested by, but bank to be advised there was no change in views expressed Colonial Finance Company, dissolution to result in acquisition of stocks and other assets by First Trust Company of Philadelphia, Pa. First Trust and Savings Bank, Pasadena, California, of Transamerica Corporation, extension of time for filing report Extension of time for filing report http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/ 1 1591 1/9 53 8/27 1251 11/22 1721 3/30 468 5/25 775 12/10 1847 4/1 486 2/1 174 11/ 4 1629 11/30 1792 7/29 1127 1/21 104 7/21 1078 2 Pages Affiliates: (Continued) First Trust and Savings Bank: (Continued) Participation in election of directors of FRBank of San Francisco Permanent extension of time for filing reports Fletcher Joint Stock Land Bank, Indianapolis, Indiana, proposal of Fletcher Trust Company to take over assets of affiliate, approved Gunnison Sugar Company, affiliate of Utah Savings and Trust Co., Salt Lake City, Utah, to be listed in future reports J. P. Morgan & Co. Incorporated, no existing relationship with Morgan Grenfell & Co. Limited, upon termination of voting trust agreement Jefferson-Lorraine Corporation, wholly owned affiliate of Mountain Trust Bank, Roanoke, Va. Massachusetts Investors Trust and State Street Trust Company, possible affiliation of, advice of Board to be given at later date Merrill Mortgage Company, affiliate of Merrill Trust Company, Bangor, Maine, liquidation of, bank properties to be acquired by trust company Morgan Grenfell & Co. Limited, no existing relationship with J. P. Morgan & Co. Incorporated upon termination of voting trust agreement Transamerica Corporation, national bank subsidiaries of, extension of time for filing report Utah Savings & Trust Company, Salt Lake City, Utah, granted extension of time for filing report Virginia Investment Corporation, stock owned of Mountain Trust Bank, to be disposed of before bank becomes member of FRSystem Agencies, FRSystem: Savannah: Staff: Bowden, J. H., Manager, salary for 1943 approved, now in military service Looney, Earle M., Acting Manager, salary for 1943 approved Agricultural credit, Federal agencies established to take care of, discussion at meeting with Federal Advisory Council Agricultural production, financing of, bill pending in Congress for, and activities of Regional Agricultural Credit Corporation discussed http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/ 4 1629 11/ 9 1653 4/24 621 7/28 1120 6/ 2 832 7/29 1126 11/17 1709 9/ 3 1276 6/ 2 832 7/21 1078 7/28 1120 7/29 1125 6/17 900 6/17 900 9/20 1374 4/ 7 533 3 Pages Airlines Committee for United States Air Policy, study of economic aspects of post-war aviation, to communicate with Mr. Goldenweiser on Akron Central Tower Company, Akron, Ohio, acquisition of capital stock by First-Central Trust Company, applicability of sections 23A and 24A of FRAct Alabama Bridge Finance Corporation: Bonds, investment in by State member banks, not exempt from 10% limitation of Section 5136 of Revised Statutes Bonds ruled not to be obligations of any State or political subdivision Alexander, Henry C., revised draft of guarantee agreement under Regulation V sent to Aliens: Employment by Board and FRBanks, opinion of Mr. Dreibelbis there is no legal objection to Policy of Board re employment of, in connection with work on State Department project A m erican Association of SmaJ1 Loan Companies, letter to Mr. Irvin Wesley on -types of instalment transactions with view to possible amendment to Regulation 17 American Bankers Association: Allocation of earnings to trust department not considered payment of interest if no outside party receives benefit Banking as essential industry, memorandum discussed at meeting of executive committee of Federal Advisory Council with Board Special committee appointed to look after interest of commercial banks Counsel: Needham, J. D.: Mississippi Valley Trust Company, question re investment purchased for common trust fund, opinion of Formula to be used in fourth war loan drive on investments of commercial banks, recommendation of special committee Special committee members who are also members of Federal Advisory Council, meeting with Mr. Bell at Treasury arranged War loans book re war financing, suggestions on proofs to be sent by War and Navy Departments and Board of Governors Comments on, forwarded by Board to Mr. French Minor changes suggested in example under answer to Question 32 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/15 1512 12/10 1847 8/19 1215 8/19 1215 3/1 322 3/30 461 11/24 1733 1/1 3 12/ 3 1806 1/ 6 33 1/26 133 4/30 650 12/ 7 1816 12/ 7 1819 5/28 5/29 798 812 6/16 897 4 Pages American Bankers Association: (Continued) War savings bonds, charge for redemption of, question to be discussed with Treasury American Distilling Company, loans on stock of, and policy as to additional advances American Industrial Bankers Association, Fort Wayne, Indiana, consumer credit, figures on industrial banks, new plan and forms suggested for use in determining, comments requested American Trading Company of Houston, Texas, violations of Regulation W, steps to be taken by FREank to force compliance with requirements of Regulation Andrews, Senator Charles 0.: Absorption of exchange charges, letter explaining Board's ruling Regulation of consumer credit as applicable to smarl loan cornpanies, reply to letter on Annual leave: "War-time regulations re current and accumulated leave of Board's employees Annual reports: Board of Governors: 1942, approved and to be submitted to Speaker of House and President of Senate Edge Act, question of action by Congress to be referred to in next, suggestion of Mr. McKee Fiscal agency operations of FRBanks, report to be made on Committee of Employees of Board, statements to be considered by Board's Personnel Committee First Securities Corporation of Syracuse, N. Y., to be submitted on Form 437 in connection with issuance of voting permits to Holding company affiliates on form 437, letter to FRBanks on obtaining and sending in Investment and Securities Company, Spokane, Wash., to be submitted on form 437 in connection with issuance of voting permits to Old National Corporation, Spokane, Wash., to be submitted on form 437 in connection with issuance of voting permits to Appraisal guides: American Auto Appraisal, Detroit, Michigan: Elimination of 1935 model prices noted To continue to include quotations for 1935 models Down payment on automobiles, inquiry of General Motors Corporation on use in connection with http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/ 6 1470 11/26 1752 5/4 661 175 1727 258 7/22 1081 3/31 478 9/14 1343 12/31 20243/17 398 1/2 8 12/18 1939 1/2 9 1/2 9 6/24 934 7/13 1048 3/8 352 5 Pages Appraisal guides: (Continued) Kelley Blue Book: Designation of November-December issue to apply through February 28, 1943 Designation covering November-December, 1942, issue, letter to FRBank of San Francisco on Designation for use in San Antonio and other Texas cities, letter re suggestion Designation for use in the Southwest, letter re suggestion Post card addressed "To the Automotive Trade", undesirable advertising, letter from Board on Price ceiling for used cars, effect on Kelley Used Car Guide Book, designation for use in Southwest in connection with Regulation 11, request not granted NADA Official Used Car Guide, publication changed from monthly to bimonthly Amendment of Board's designation, new edition to be called Pacific Coast Edition, information requested Nebraska Official Used Car Survey, not to be invalidated by delay in issuance, advice as to changes requested Northwest Used Car Values, elimination of 1935 model prices noted Northwest Publishing Co., Seattle, Washington, 1935 prices to be incorporated in August-September issue Official Automobile Guide, extension of application of July, August, and September issue to October, no objection to No objection to delay in publishing January 1, 1943 issue Pacific Coast Edition of NADA Used Car Guide, amendment to original designation, information requested Rebuilt cars subject to comparison, letter to FRBank of Kansas City Regulationw, registrant may disregard for 1942 car models until July 1, 1943 Use of under Regulation W, 1942 model prices to be quoted by July 1, no need for further action by Board Approval numbers, assignment by Bureau of the Budget for use on FRBank forms, report of Presidents' Conference Committee on research and statistics Articles for publication: Connection with FRSystem shown in publication of, policy of Board Regulation W, for post-war issue of Retailing, invitation to Mr. Ransom to contribute http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/20 100 2/ 8 201 8/ 9 1177 8/25 1243 9/ 6 1292 7/30 1134 10/12 1494 3/15 378 11/30 1793 7/ 2 1009 6/24 934 7/16 1064 9/24 1416 12/27 1983 11/30 1793 3/15 378 5/31 819 7/ 1 997 1/26 136 11/24 1737 11/12 1675 6 Pages Assessments: Commercial National Bank of Kinston, annual trust license fee by Commissioner of Banks of North Carolina, matter referred to Comptroller of the Currency FRBanks, for expenses of Board for last six months of 1943 FRBanks, for expenses of Board for first six months of 1944 Assignment of claims: Adequacy of original contract to cover modifications Decision of the Comptroller General of the United States involving notice of assignment to surety Association of Reserve City Bankers: Survey of ownership of deposits by FRSystem, endorsed by, and committee appointed to work on Willingness to cooperate in survey, expressed by board of trustees of Banking Research Fund Attorney General of United States: Commitments on terminated contracts, opinion rendered re, letter to Under Secretary of the Navy Forrestal in connection with Legislation to be submitted to State legislatures during year, reply to letter on Regulation V:, registration statements under, access to by Department of Justice, further conference to be held by Messrs. Eccles and Ransom with (See also Department of Justice) Auditors: FRBank of Atlanta: Relationship of, in accord with resolutions adopted at Conference of Chairmen FRBank of Boston: Fogg, John J., outside business activities, effectiveness of work as auditor not impaired by FRBank of Cleveland: Relationship of, procedure in accord with principles suggested Reply to Mr. Brainard commenting on fact that bank is in agreement with principles stated FRBank of Dallas: Relationship of, Statement of Principles adopted FRBank of Kansas City: Relationship of, discussed by Mr. Millard, appointment of audit committee suggested FRBank of San Francisco: Relationship of, procedure and practice re, confirmation requested FRBanks: Auditor, responsible to board of directors, not regarded as executive officer, letter to FRBank of Boston http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/5 847 6/19 914 12/21 1954 3/12 366 1/9 52 5/25 776 7/10 1034 12/10 1849 9/18 1371 5/12 705 5/22 749 6/12 876 5/10 693 6/5 845 5/10 695 6/5 851 4/27 629 9/ 7 1296 7 Pages Auditors: (Continued) FRBanks: (Continued) Salaries, further consideration to re responsibilities, salary patterns, and salary stabilization 5/25 780 controls, to be given by Board Audits: Books and accounts of Board of Governors, letter to FRBank of Philadelphia on termination of arrangement and letter to FRBank of Richmond outlining arrangement for 1943 and 1944 2/ 3 182 Automobile pool for official cars, memorandum of Mr. Cherry on 10/22 1539 S. 820 Axton-Fisher Company of Louisville, Kentucky, examination of, loan 7/21 1077 of services of FRExaminers for assisting in "B" Bancroft Dairy, Madison, Wisconsin, Regulation Wnot applicable to 11/ 5 1646 delivery of milk, letter re Bank for International Settlements: Federal income taxes, question of withholding by FRBank of New York for income earned by 7/15 1060 Copy of letter from Commissioner of Internal Revenue re, sent to FRBank of New York 10/ 6 1468 Press reviews, letter to State Department to request Swiss 2/ 1 175 Government to include in material sent Bankhead Motor Co., Monahans, Texas, reply to letter on designation of Kelley Blue Book in connection with Regula8/25 1243 tion Y1 in Southwest Banking as essential industry, discussed at meeting of executive committee of Federal Advisory Council with 1/6 Board 34 Discussed with Presidents 1/26 133 Discussion of problem 2/15 245 Effort to be made to put problem on national rather than regional basis, discussed by Federal Advisory 5/24 766 Council Banking groups, list with constituent banks, sent to Mr. Upham 7/14 1054 for confidential use Banking quarters: Brooks Bank and Trust Company, Torrington, Conn., purchase of land and building at 61 Main Street, 8/ 2 1143 Torrington, no objection to 12/28 1989 Charlotte Branch, purchase of adjoining lot, no objection to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8 Pages Banking quarters: (Continued) FRBank of Boston, purchase of two parcels of real estate adjacent to premises of bank approved with certain recommendations, Mr. Morrill to advise Mr. Creighton Appraisal satisfactory First-Central Trust Company, Akron, Ohio, direct purchase of First-Central Tower, no objection to Louisville Branch, space problem, further study to be made of Memphis Branch, expenditure for proposed addition approved Merrill Trust Co., Bangor, Maine, buildings occupied by head offices and branches to be acquired from affiliate now in liquidation Banking Research Fund of the Association of Reserve City Bankers, survey of ownership of deposits, interest and willingness to cooperate in, expressed by Board of Trustees of Bankitaly Mortgage Co., loans made by RFC to, request for access to files Banks as essential activities: (See Banking as essential industry) Barlow, L. W., payment for luncheon approved Baruch, Bernard M., Director of Advisory Board on War and Post-war Adjustment Policies, letter in reply to inquiry as to work of Board on post-war adjustment problems Bilbo, Senator Theodore G., letter to, in connection with inquiries as to Board's ruling on absorption of exchange charges Blackstone Valley Gas and Electric Co., Pawtucket, R. I., inquiry on sale of solid fuel for delivery during summer with payment deferred to November Regulation t, amendment deemed not necessary Regulation W, fuel and appliance business not to be handled separately, letter of March 26 Blood donations of employees of Board to Red Cross, letter to Mr. McReynolds on Board of Economic Warfare: Proposed executive order to transfer powers of RFC re United States Commercial Corporation to, FRBanks to continue fiscal agency function for USCC Staff: Dembitz, Lewis N., letter to Mr. Perkins on use of service on staff of Enemy Branch in American Embassy in London Tamagna, Frank, FRBank of New York, two-thirds of expenses to be paid by, and one-third by Board of Governors http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/15 1906 12/29 2009 12/10 1847 9/18 1362 9/18 1362 9/ 3 1276 7/10 1034 9/ 1 1271 4/ 8 542 12/ 9 1838 12/13 1859 2/24 3/26 249377 3/34 475 3/16 390 6/21 917 1/16 87 4/17 603 9 Pages Board of Governors: Aliens, policy re employment of, in connection with work on State Department project 11/24 1733 Annual leave of employees, revised policy adopted 617 4/23 War-time regulations re current and accumulated 7/22 1081 Annual report for 1942, approved and to be submitted to Speaker 478 of House and President of Senate 3/31 Edge Act, question of action by Congress re, to be referred to in next, suggestion of Mr. McKee 9/14 1343 Fiscal agency operations of FFBanks, report to be made on 12/31 2024-Assessment on FRBanks for expenses of Board: For last six months of 1943 6/19 914 For first six months of 1944 12/21 1954 Audit of books and accounts, letter to FRBank of Philadelphia on termination of arrangement and letter to FRBank of Richmond on arrangement for 1943 and 2/3 182 1944 Budget: Approved for 1944 12/17 1929 Administrator for War Loans Committee, increase to cover 3/27 expense of messenger to Pentagon Building 449 Increase to cover printing and distribution of revised 507 4/6 guarantee agreement Increase in amount of item to cover postage and ex7/ 5 1018 pressage Nonpersonal budget, increase to cover books and sub10/21 1536 scriptions for 1943, approved Counsel's Office, account increased to cover legal fees and expenses in connection with Transamerica 9/ 1 1268 Corporation case Nonpersonal budget, amount added to item of Traveling 10/21 1537 Expenses for 1943, approved Division of Bank Operations, amount added to item of post380 3/15 age and expressage approved Division of Examinations, increase in traveling expenses account and printing and binding account ap12/31 2027 proved Division of Personnal Administration, amount added to 5/18 732 item of books and subscriptions Amount added to item of Telephone and Telegraph in 10/29 1576 1943 nonpersonal budget Division of Research and Statistics, account for 1943 increased to cover cost of department store 5/28 799 records prepared by Bureau of the Census Account for 1943 increased to cover cost of department 8/13 1200 store data obtained from Bureau of the Census http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10 Pages Board of Governors: (Continued) Budget: (Continued) Division of Research and Statistics: (Continued) Amount added to item to cover expenditure for services of Mr. S. T. Yang on Wlitary Government Handbook Nonpersonal, amount added to cover traveling expenses from September to December Sum added to items of Telephone and Telegraph and Stationery and Supplies for 1943 Amount added for compensation of Miss Erika Goldberg for typing of special article Nonpersonal, increase to cover showing of motion pictures re war effort Secretary's Office, increase in item for Service Functions approved Building: Letter of gratitude from Combined Chiefs of Staff for use of Space occupied by Inter-American Defense Board, letter to Major General Winship on reimbursement for Space made available to Mr. Vinson, Director of Office of Economic Stabilization Taxation, controversy with Distrift of Columbia over, memo of Mr. Dreibelbis re Disclaimer to be executed by FRBanks, matter to be discussed by Mr. Dreibelbis with Mr. Keech, Corporation Counsel for the District of Colum,bia, before taking up with FRBanks Statement of Mr. Dreibelbis, memo of Mr. Keech to be submitted to Commission before disclaimer executed by FRBanks Disclaimer to be executed by FRBanks, memo sent by Mr. Keech to Commissioners Cafeteria: Increase in Service Functions budget to take care of possible losses Present arrangement with Welfare and Recreational Association cancelled and new agreement approved Prices charged for meals, study to be made Combined United States and British Chiefs of Staff, letter of gratitude for use of building Compensatory leave to be granted to employees for overtime in excess of 48-hour week when justified Credit, responsibility of handling, acceptance of as stated in draft of order, statement to Mr. Byrnes http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/15 1354 10/ 1 1452 11/ 1 1593 11/16 1706 7/20 1073 5/25 783 5/25 771 1/25 121 5/29 801 3/30 458 7/23 1087 11/23 1724 11/30 1797 5/25 783 2/1 2/1 168 170 5/25 771 5/6 671 4/29 641 11 Pages Board of Governors: (Continued) Credit for purchasing, carrying, or trading in commodities, real estate, or securities, possibility of handling by Board, draft of order prepared 4/29 637 Credit regulations, timing of action, powers to be exercised only when necessary, and in agreement with Government agencies 640 4/29 Deferment from military service: List of key positions submitted to and approved by War Manpower Commission 3/15 367 Requests of employees for, discussion by Board 609 4/20 Division of Examinations: Examiners engaged in examination of Transamerica Corporation and its affiliates, increase in per diem allowance during period of examination, approved 7/27 1116 Increase in per diem to continue until conclusion of special assignment 8/ 5 1161 Division of Foreign Exchange, certification of 17 Declarations of Foreign Correspondents desired by Department of Justice 3/15 379 Division of Research and Statistics: Budget, account for 1943 increased to cover cost of department store records prepared by Bureau of the Census 5/28 799 Account for 1943 increased to cover cost of department store data obtained from Bureau of the Census 8/13 1200 Regional research program, economist to be employed to direct, statement of Chairman Eccles 2/26 305 Economic handbook for use at peace conferences, temporary employment of someone to take charge of work, search for satisfactory person to be continued 7/10 1035 Employees: Payment of overtime or additional compensation in accordance with War Overtime Pay Act of 1943, with exception of any employee receiving basic rate in excess of a0,000 5/6 670 Removals, figures for last five years, letter to Civil Service Commission 7/13 1047 (See also Staff of Board) Expenses: Assessment on FRBanks to cover: Last half of 1943 6/19 914 First half of 1944 12/21 1954 Examiners, increase in per diem rate during examination of FRBank of New 10/12 1495 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12 Pages Board of Governors: (Continued) Files, access granted to Department of Justice in investigation of Transamerica group, information obtained to be on confidential basis Holidays: Washington's Birthday, decided to be full work day for staff Christmas, only holiday to be observed during war period Christmas Eve, offices permitted to be closed two hours early Hours of work, 48-hour week, overtime and supplemental compensation for, to be continued on same basis as in effect April 30, 1943 Latin Americans, program of bank training, participation to be continued, with appointments on temporary six months' basis Legal Division: Assistance on temporary basis, possibility of obtaining to be canvassed especially in real estate and commodity credit fields To keep in touch with banking legislation and submit reports when necessary To prepare letters to Currency Committees of House and Senate on amendments relating to FRnotes Maternity leave, modification of policy re Meetings, recommendations for appointment of directors to be presented at meetings of Board for discussion Members: Draper, Ernest G.: Appointed member of Personnel Committee for 1943 Deferment of J. Burke Knapp from military service, statement re further S. 820 to provide for automobile pool for official purposes, to follow progress of bill Termination loans, statement on Eccles, M. S.: Bill re war loan deposits, to testify on Bills re war loans and Government securities to be taken up with Mr. Steagall and Senator Wagner Examinations, scope, procedure, and frequency of, statement re continuance FRBanks as essential activities, suggestions re FRnotes, letters on interchangeability of to be submitted to Committees of Congress at propitious time Foreign banking corporations, expansion of operations, not to be encouraged until review of matter by Congress, opinion of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/14 1898 2/17 5/18 265 732 12/22 1960 5/5 664 12/28 1991-4 6/16 594 2/10 216 2/11 221 7/27 1109 12/15 1906 2/26 309 7/ 7 1023 10/22 1539 9/20 1378 3/30 459 3/16 385 5/12 5/12 707 701 4/6 508 7/27 1112 13 Pages Board of Governors: (Continued) Members: (Continued) Eccles, M. S.: (Continued) Letters to Messrs. Wagner and Steagall re direct obligations of United States and issuance of FRnotes to be presented to personally at such time as he deems appropriate Repeal of prohibition against one FRBank paying out notes by another FRBank, authority to eliminate references from letters approved Meeting of FRBank and Branch directors, statement re undesirability of at present Meeting with Federal Advisory Council, not present because of appointment at White House Member of committee for bank holding company legislation Membership on Committee on Post-war Foreign Economic Policy accepted Membership on Special Committee on Long-Term International Investment, declined, but Dr. Alvin Hansen suggested as member by Proposed order to regulate credit for purchasing, carrying, or trading in commodities, real estate, or securities, reviewed for confidential information of Presidents by Registration statements under Regulation W, access to by Department of Justice, statement regarding Antitrust Division, further conference to be held with Attorney General Relationship of FRBanks with the Board and other Government agencies, statement by Research and statistical activities of FRSystem, statement at meeting with Presidents on building up Reply to letter suggesting committees for Retirement system for FRBanks, change in basis for determining benefits, revision not favored by Security prices, little change in last 30 days, statement to Mr. Purcell re increase in margin requirements Senate Banking and Currency Committee, to testify before at hearing on bill to eliminate FDIC assessment on War loan deposits Statement made re market trends and margin requirements To meet with directors of FRBank of Boston Transamerica Corporation, complaints against, suggestions for program to freeze http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/30 460 3/30 460 8/31 1262 5/24 759 11/29 1780 4/ 6 517 7/ 8 1026 6/29 973 5/12 704 6/29 970 325 3/ 2 12/15 1912 6/29 955 5/18 729 2/15 247 3/30 471-2 11/29 1785 4/ 6 504 14 Pages Board of Governors: (Continued) Members: (Continued) Eccles, M. S.: (Continued) Transamerica Corporation: (Continued) Authorized to arrange for legal assistance needed in case Travel expenses approved, including additional payment because no other accommodations available Evans, R. M.: Agricultural lending agencies, statements re Appointments at FRBanks re Research Departments, recommendations to be made in collaboration with Mr. Szymczak Inflation, seven-point program of Life Insurance Companies of America, similar program to be considered for FRBanks Liaison capacity with Presidents' Conference Committee on Research and Statistics, designation suggested Regulation V Committee, to be associated with in work on post-war conversion of war loans Report on International Food Conference at Hot Springs, Va. Study of bank deposits of selected banks being made by Securities and Exchange Commission, to keep in touch with situation McKee, John: Absorption of exchange charges, statements re ruling on Agricultural lending agencies, statements on Appointments at FRBanks in Examination Departments, recommendations to be made in collaboration with Mr. Szymczak Authorized to confer with Mr. Collins re program for Transamerica Corporation Designated to serve with committee to study Regulation V, letter to Mr. Day Direct obligations of U. S. as collateral and paying out of FRnotes, position on action taken by Board to be recorded in minutes upon his return to Washington Statement on Employment of Mr. Millard by FRBank of Cleveland, statement on Exchange charges, opinion that Board should deal only with member banks and confine action to ruling that absorption of exchange is in violation of Regulation Q http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/ 3 1153 3/29 454 9/20 1376 7/19 1069 8/31 1265 3/2 331 6/29 959 6/8 861 9/23 1404 9/20 1380 9/20 1375 7/19 1069 4/6 504 2/24 297 3/30 4/6 460 507 9/25 1419 4/13 582 15 Pages Board of Governors: (Continued) Members: (Continued) McKee, John: (Continued) Legislation re bank holding companies, desirability of leaving with Banking and Currency Committees of Congress, to be discussed by Messrs. McKee, Crowley, and Delano with Congressman Smith Member bank call report, changes in form of, discussion with Messrs. Crowley and Delano Member of committee for bank holding company legislation Motion pictures relating to war effort, expenditure of money for arrangements for showing, suggestion of Peace conference, statements signed by Mr. Goldenweiser not to commit Board, statement re Redemption of certificates of deposit before maturity for purchase of Government securities, to be allowed, each bank to handle such cases on informal basis, statement re Salaries of Board employees, position as to employment of Miss Bernstein at stated rate, suggestion that other salaries be reviewed Statement on proposed letters of Board to Messrs. Wagner and Steagall re direct obligations of U. S. as collateral security and interchangeable FRnotes Statement re amendment to Regulation K and Edge Act Suggestion that bill on war loans assessments be discussed with bill extending period of authorization of FRBanks to pledge Government securities as collateral, other bills also mentioned Survey of ownership of deposits, information collected to be reviewed by, before being given out Termination loans, statement re Possible provisions of legislation for To represent Board in conference re carrying of Series G war bonds at par by State banks Transamerica Corporation case, authorized to arrange for legal assistance needed in Trend of security prices during war, not to justify placing market on cash basis now Presidents' Conference committees, assignment of associates of, list referred to Chairman Eccles for action on Question of appointment on http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/25 772 3/16 386 11/29 1780 7/20 1073 7/24 1099 6/29 963 7/ 2 1002 507 4/ 6 9/14 1342 3/16 383 5/25 777 9/20 1378 10/ 6 1472 12/28 1986 8/ 3 1153 5/18 729 11/16 1702 12/15 1909 16 Pages Board of Governors: (Continued) Members: (Continued) Ransom, Ronald: Absorption of exchange charges, statements re ruling 9/20 on 9/20 Agricultural lending agencies, statements on Bank deposits, surveys of, discussion with Messrs. 10/ 1 Vinson and Rice Bill extending authority of FRBanks to pledge Government securities as collateral, draft prepared for Chairmen of Senate and House Banking Com3/16 mittees, statement of Committee on collection charges on out-of-town checks, 5/12 member of Counsel at FRBanks, statement on opposition to employ2/11 ment of inside counsel Opposed to employment of inside counsel as general 6/22 policy Discussion of bill re war loans with Mr. Steagall, ar3/16 rangements for meeting with Chairman Eccles Discussion with Mr. Haley, President of City National Bank of Albany, re withdrawal of charter and charging of exchange 4/13 Employees of Board as trial examiners, opposed to 11/29 use as Examination of registration statements under Regulation W to be discussed with Attorney General 3/17 Exchange charges, absorption of, statement re 4/13 Holding company legislation, opposition to letter to 9/23 Senator Wagner Margin requirements, relation of action by Board to whole field of credit control, question 5/18 raised by Modification of Board's policy re maternity leave, 7/27 statement on access to Registration statements under Regulation W, by Department of Justice, statement regarding Antitrust Division, further conference to be 5/12 held with Attorney General Regulation W: Enforcement of, statement at meeting of Presidents 6/29 with Board by post-war to re Invitation to contribute article 11/12 planning issue of RETAILING, declined Letter in reply to Mr. Hubachek re changes in, action on to be deferred 3/30 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1379 1377 1446 384 708 223 920 383 576 1781 393 579 1406 729 1110 702 975 1675 465 17 Pages Board of Governors: (Continued) Members: (Continued) Ransom, Ronald: (Continued) Reports on bills, to make recommendation to Board as 5/12 to whether report should be made United Nations Bank, to attend meeting at Treasury to 9/27 discuss Szymczak, M. S.: 2/26 Appointed member of Personnel Committee for 1943 Assignment of duties, to recommend approval of appointment of officers of FRBanks except Presidents 7/19 and First Vice Presidents Committee on collection charges on out-of-town checks, 5/12 member of Election as member of executive committee of retirement 10/19 system Employment of Mr. Millard by FRBank of Cleveland, state9/25 ment re Foreign accounts, recommendations for 4/ 6 Functions of Personnel Committee re recommendations for appointments at FRBanks requiring action by Board except Presidents and First Vice 7/19 Presidents, transferred to Loss-sharing insurance plan, Me1110 on 12/14 Military Government Handbook, studies to be included 2/ 4 in chapter on money and banking One-way accounts for foreign governments, request that all cases be submitted to for primary consid6/29 eration Personnel problems of FRBanks, suggestion for transfer 6/ 8 to Board's Personnel Committee To be discussed at first Board meeting when all 6/ 9 members are present, request 7/ 2 Decision to be left to Chairman Eccles Regulation N, blanket authority for FRBanks to open one-way accounts and participation by all 6/29 FRBanks favored by Memo re discontinuance of blanket permission for opening accounts in foreign central banks, 9/25 and statement re delay of revisions of examinaif Regulation IV, enforcement of, difficulties tion of registration statements allowed by De3/17 partment of Justice Government other Relationship of FRBanks with Board and 6/29 agencies, statement by items of for list prepare Fiscal agency matters, to 7/23 discussion with Treasury http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 706 1431 309 1069 708 1525 1418 514 1069 1870 187 965 864 867 1001 965 1421 392 969 1091 18 Pages Board of Governors: (Continued) Members: (Continued) Szymczak, M. S.: (Continued) Report of discussions at FRBank of Dallas as a result of his recent visit there Retirement system, amendments, authorization to state views of Board at meeting of board of trustees Telegrams re approval of amendments to rules and regulations and adoption of Board of Governors Plan Board of Governors Plan, memo on Presidents' attitude toward September drive, authorization for payment of expenses by FRBanks, matter to be discussed with Mr. Bell Tejada, Jorge, of Bolivia, employment by Board for appropriate work, favored by To attend Fiscal Agency Conference in Chicago To attend United Nations Relief and Rehabilitation Conference in Atlantic City, November 18-20 To meet with directors of FRBank of Boston United Nations Bank, to attend meeting at Treasury to discuss Mileage adjijnistrator to reduce mileage in use of cars, Mr. Nelson appointed Minutes: Meetings of Board approved: December 31, 1942 January 1 January 2 January 4 January 6 January 6, with Federal Advisory Council Executive Committee January 7 January 8 January 9 January 11 January January January January January January January January January January http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12 13 14 15 16 18 19 20 21 22 3/31 477 10/14 1506 10/15 1512 10/18 1520 8/25 1241 3/30 461 10/ 5 1463 11/17 1709 11/29 1785 9/27 1431 3/15 375 1/ 1 1/ 2 1/ 4 1 1/ 6 1/ 7 7 13 25 39 1/ 7 1/ 8 42 1/ 9 1/11 1/12 1/13 1/14 1/15 1/16 39 51 57 61 74 76 82 1/18 1/19 86 91 97 1/20 1/21 1/22 1/23 98 102 107 115 19 Pages Board of Governors: (Continued) Minutes: (Continued) Meetings of Board approved: (Continued) January 23 January 25 January 26, with Presidents of the FRBanks January 27 January 28 January 29 January 30 February 1 February 2 February 3 February 4 February 5 February 6 February 8 February 9 February 10 February 11 February 12 February 13 February 15 February 15, with Federal Advisory Council February 16 February 17 February 18 February 19 February 20 February 22 (two meetings) February 23 February 24 February 25 February 26 February 27 March 1 March 2 March 2, with Presidents of the FRBanks March 4 March 5 March 6 March 8 March 10 March 12 March 15 March 16 March 17 March 18 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/25 1/26 1/27 1/28 1/29 2/1 2/1 2/2 2/3 2/4 2/5 2/6 2/8 2/9 2/10 2/11 2/12 2/13 2/15 2/16 2/16 2/17 2/18 2/19 2/20 2/22 2/23 2/24 2/25 2/26 2/27 3/1 3/2 3/4 3/4 3/5 3/6 3/8 3/10 3/12 3/15 3/16 3/17 3/24 3/24 120 144 149 153 157 168 168 178 180 185 189 193 197 203 209 225 227 231 250 255 256 261 266 270 276 287 292 296 300 311 313 320 336 340 340 344 347 351 354 362 376 386 398 424 424 20 Pages Board of Governors: (Continued) Minutes: (Continued) Meetings of Board approved: (Continued) March 19 March 20 March 22 March 24 March 25 March 26 March 27 March 29 March 30 March 31 April 1 April 2 April 3 April 5 April 6 April 7 April 7, with Federal Advisory Council Executive Com— mittee April 8 April 9 April 10 April 12 April 13 April 14 April 15 April 16 April 17 April 19 April 20 April 22 April 23 April 24 April 26 April 27 April 28 April 29 April 30 May 1 May 3 May 4 May 5 May 6 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/24 3/24 3/24 3/25 3/26 3/29 3/29 3/30 3/31 4/1 4/2 4/3 4/5 4/6 4/7 4/8 424 424 424 431 435 450 450 473 478 484 489 494 499 517 534 538 4/8 538 4/9 4/10 4/12 4/13 4/14 4/15 4/16 4/17 4/26 4/26 4/26 4/26 4/26 4/26 4/27 4/28 4/29 4/30 5/3 5/3 5/4 5/5 5/6 5/ 7 543 554 562 582 587 590 594 598 624 624 624 624 624 624 628 634 642 647 656 656 659 664 673 675 21 Pages Board of Governors: (Continued) Minutes: (Continued) Meetings of Board approved: (Continued) May 7 May 8 May 10 May II May 12 May 13 May 14 May 15 May 17 May 18 May 19 May 20 May 21 May 22 May 24 May 24, with Federal Advisory Council May 25 May 26 May 27 May 28 May 29 May 31 June 1 June 2 June 3 June 4 June 5 June 7 June 8 June 9 June 10 June 11 June 12 June 14 June 15 June 16 June 17 June 18 June 19 June 21 June 22 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/8 5/10 5/11 5/12 5/13 5/14 5/15 5/17 5/18 5/19 5/2o 5/21 5/22 5/24 5/25 5/25 5/26 5/27 5/28 5/29 5/31 6/1 6/2 6/3 6/4 6/5 6/7 6/8 6/9 6/10 6/11 6/12 6/14 6/15 6/16 6/18 6/18 685 691 697 711 713 715 720 724 730 733 741 744 749 756 781 781 785 791 798 809 817 828 831 834 839 841 852 864 867 869 871 875 881 889 895 904 6/22 904 919 6/22 6/22 6/23 919 919 921 22 Pages Board of Governors: (Continued) Minutes: (Continued) Meetings of Board approved: (Continued) June 23 June 24 June 25 June 26 June 28 June 29 June 29, with Presidents of the FRBanks June 30 July 1 July 2 July 3 J10.7 5 July 6 July 7 July 8 July 9 July 10 July 12 July 13 July 14 July 15 July 16 July 17 July 19 July 20 July 21 July 22 July 23 July 24 July 26 July 27 July 28 July 29 July 30 July 31 August 2 August 3 August 5 August 6 August 7 August 9 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6%2 2 6/28 92 936 7 951 6/28 6/29 951 6/30 979 990 6/ 7A 995 7/ 2 1007 7/ 3 1010 7% 6 1019 7/' E 7/ 9 7/10 7/12 7/13 10 024 2 1027 1037 1043 1046 7%11 7 ; (750 6 7/16 1061 9 /17 9 1066 77 7/20 1073 7/21 1076 10E9T 4 7 23 0 7/24 1097 7/26 ln 7/27 1118 1123 1130 74(1). 1135 rg9 8/ 2 1142 3 1154 8/ 6 5 1157 1163 8/ 9 1175 8/ 9 1175 8/10 1180 23 Pages Board of Governors: (Continued) Minutes: (Continued) Meetings of Board approved: (Continued) August 10 August 11 August 12 August 13 August 14 August 16 August 17 August 18 August 19 August 20 August 21 August 23 August 24 August 25 August 26 August 27 August 28 August 30 August 31 September 1 September 2 September 3 September 4 September 6 September 7 September 8 September 9 September 10 September 11 September 13 September 14 September 15 September 16 September 17 September 1$ September 20 September 20, with Federal Advisory Council September 21 September 22 September 23 September 24 September 25 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/11 8/12 8/13 8/14 8/16 8/17 8/18 8/19 8/20 8/23 8/23 8/24 8/25 8/26 8/27 8/28 8/30 8/31 9/ 1 9/ 2 9/ 3 9/ 4 9/ 6 9/ 7 9/ 8 9/ 9 9/10 9/11 9/13 9/14 9/15 9/16 9/17 9/18 9/20 9/21 9/21 9/22 9/23 9/24 9/25 9/27 1192 1197 1198 1201 1205 1207 1210 1213 1218 1231 1231 1236 1242 1245 1248 1252 1255 1266 1267 1272 1275 1279 1290 1295 1299 1303 1316 1325 1336 1345 1349 1355 1360 1364 1385 1387 1387 1394 1407 1411 1423 1432 24 Pages Board of Governors: (Continu ed) Minutes: (Continued) Meetings of Board approved: (Continued) September 27 September 28 September 29 September 30 October 1 October 2 October LI October 5 October 6 October 6, with Federal Advisory Council Executive Committee October 7 October 8 October 11 October 12 October 13 October 14 October 15 October 16 October 18 October 19 October 19, with Presidents of the FRBanks October 20 October 21 October 22 October 23 October 25 October 26 October 27 October 28 October 29 October 30 November 1 November 2 November 3 November 4 November 5 November 6 November 9 November 10 November 11 November 12 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/28 9/29 9/30 10/ 1 10/ 2 10/ 4 10/ 5 10/ 6 10/11 1437 1439 1442 1447 1453 1457 1462 1465 1485 10/11 10/11 10/11 10/12 10/13 10/14 10/15 10/16 10/18 10/19 10/20 10/20 10/21 10/22 10/23 10/25 10/26 10/27 10/28 10/29 10/30 11/ 1 11/ 2 11/ 3 11/ 4 11/ 5 11/ 6 11/ 9 11/10 11/11 11/12 11/13 1485 1485 1485 1491 1497 1507 1510 1514 1521 1530 1533 1533 1535 1543 1546 1549 1558 1563 1567 1573 1582 1589 1607 1622 1635 1639 1648 1651 1659 1662 1668 1678 25 Pages Board of Governors: (Continu ed) Minutes: (Continued) Meetings of Board approved: (Continued) November 13 November 15 November 15, with Federal Advisory Council November 16 November 17 November 18 November 19 November 20 November 22 November 23 November 24 November 25 November 26 November 27 November 29 November 30 December 1 December 2 December 3 December 4 December 6 December 7 December 71 with Federal Advisory Council Executive Committee December 8 December 9 December 10 December 11 December 13 December 14 December 15 December 16 December 17 December 18 December 20 December 21 December 22 December 23 December 24 December 27 December 28 December 29 December 30 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/15 11/16 11/16 11/17 11/18 11/19 11/20 11/22 11/23 11/24 11/25 11/26 11/27 11/29 11/30 12/ 1 12/ 2 12/ 6 12/ 6 12/ 6 12/ 7 12/ 8 1694 1704 1704 1707 1711 1713 1717 1719 1726 1739 1741 1748 1754 1786 1790 1799 1803 1811 1811 1811 1824 1828 12/ 8 12/ 9 12/10 12/11 12/13 12/14 12/15 12/16 12/17 12/18 12/20 12/21 12/22 12/23 12/24 12/27 12/28 12/29 12/30 12/31 1828 1833 1841 1853 1858 1890 1915 1919 1925 1932 1947 1948 1956 1961 1976 1979 1994 1997 2012 2020 26 Pages Board of Governors: (Continued) Mission from Uruguay, program to be prepared for 3/30 462 Officer of FRBank, authority to remove, Mr. Dreibelbis to prepare opinion on 10/26 1556 Official records of Zimmerman and Forshay loaned to Department of Justice, approved 3/15 379 "Pay-As-You-Go" income tax, Board to withhold proportion of salaries of employees, effective July 1 6/24 928 Personnel classification plan, examiner in charge of field force, positiOn comparable to assistant head of division and excluded from scope of 10/ 1 1447 Policy record: Drafts of entries covering 1942 approved 2/17 265 Issuance of FRBank notes, omission approved 2/19 274 Records for destruction, list sent to National Archives 4,15 501 Retirement system, Board of Governors Plan, draft of proposal for benefits equivalent to those of Civil 5/8 683 Service Retirement System Changes in, discussion of plans for FRBanks, desire for immediate action for employees of Board 6/8 860 Alternative plan proposed, to be required for new employees, discontinuance of Civil Service membership, 1038 opinion of Civil Service Commission requested Revision, limitation on pension portion of allowance, con1189 siderations as basis for position in favor of Meeting to be held on December 17, if Board of Governors Plan elected by less than 2/3 majority 1596 Resolution adopted establishing Board of Governors Plan 1595Self-insuran ce agreement, desired program for, to be considered before meeting with Presidents Sick leave, application for period in excess of three days, requirement of physician's certificate waived, subject to discretion of heads of divisions and offices Bodfish, Morton: (See United States Savings and Loan League) Bodkin, Breslin, and Luddy, Attorneys, Los Angeles, California, reply to letter on validity of voting trusts covering stock of national banks Belman, Robert H.: (See Independent Bankers Association of Southern California) Bends: Alabama Bridge Finance Corporation, investment in by State member banks, not exempt from 10% limitation of Section 5136 of Revised Statutes Ruled not to be obligations of any State or Political subdivision http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1602 9/10 1316 12/16 1920 1/23 118 8/19 1215 8/19 1215 Bonds: (Continued) Charity Hospital, New Orleans, La., eligibility for exemption as general obligations of political subdivisions under revised statutes, letter to Comptroller of the Currency Government: (See Government securities) Louisiana State University and Agricultural and Mechanical College, eligibility for exemption as obligations of political subdivision under revised statutes, letter to Comptroller of the Currency Substandard, purchase by banks with exception of being given ratings, discussed by Mr. McKee Surety: Digings, John William, as Alternate Assistant FRAgent at Dallas Farnon, Joseph H. P., Alternate Assistant FRAgent at New York, approved Jones, Everett D., FRAgent's Representative at Detroit Branch, approved Larsen, LeRoy, FRAgent's Representative at Salt Lake City Branch, approved Renewal, every four years, requirement to be complied with, letter to FRBank of St. Louis Advice to FRAgents Reynolds, Edna K., Alternate Assistant FRAgent at New York, approved Ritzel, Carl, as FRAgent's Representative at Memphis Branch Saunders, Caldwell Jefferson, as Alternate Assistant FRAgent at Dallas Smith, Minnie, as Alternate Assistant FRAgent at St. Louis Stover, George LI FRAgent's Representative at San Antonio Branch, approved INienert, Adolph C., as FRAgent's Representative at Baltimore Branch War Savings: FRBank of New York, sale during Third War Loan Campaign Pay roll deduction plan: Letter to FRBank of San Francisco, explaining Board's opinion on certain points Reports of FRBanks under plans, instructions sent to FRBanks Reports on, instructions to FRBanks Series A to E, payment by banks recommended, telegram from Mr. Szymczak Series E, F, and G, branches of FRBanks accounting directly with Treasury for http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 27 Pages 2/10 210 2/10 210 2/15 247 4/24 621 2/4 185 12/30 2012 9/16 1355 12/18 1938 12/27 1982 2/4 185 8/ 3 1154 4/24 3/24 621 424 7/22 1080 6/5 841 11/ 3 1627 9/14 1346 9/29 1440 12/31 2025 10/22 1540 7/ 5 1016 28 Pages Bonds: (Continued) War Savings: (Continued) Series G, carrying by State banks at par, statement to be prepared for submission to National Association 12/28 1984-6 of Supervisors of State Banks (See also Government securities) Branch banking: Across State lines, expansion of, statement by Mr. Ransom and request for inclusion of statement in bill re 11/29 1768 bank holding companies Policy of Board toward, letter to Mr. Ford denying discrimin12/16 1922 atory policy Branch banks, domestic: American Trust Company, San Francisco, Calif.: Stockton, California, establishment of additional branch in, in connection with purchase of assets and assumption of liabilities of First Na8/23 1232 tional Bank of Stockton approved Bank of Westchester, Yonkers, New York: Larchmont, New York, establishment of additional branch ap5/29 810 proved Banking facilities at military reservations, manner of report2/13 235 ing on form 412 County Trust Company of Maryland, Cambridge, Md., vice presidents of branches regarded as executive of8/21 1228 ficers under section 22(g) of FRAct County Trust Company, White Plains, New York: Pleasantville, N. Y., to remove branch into quarters of 6/30 992 First National Bank after consolidation Establishment under laws of United States, report requested 5/6 673 on S. 985 to restrict F iduciary powers, exercise in Oregon and lAdashington by branches 2/27 318 of Bank of California, N.A. Lorain County Savings & Trust Co., Elyria, Ohio: Amherst, Ohio, retention and operation approved 4/9 547 Marine Midland Trust Company of New York, branch to be absorbed 9/ 2 1272 by Manufacturers Trust Company, New York, N.Y. Mountain Trust Bank, Roanoke, Va.: Vinton, retention and operation approved in connection with 7/29 1125 membership application Nevada Bank of Commerce, Elko, Nev.: Austin and Battle Mountain, establishment approved after merger with Lander County Bank, Austin, and 7/14 1054 taking over of Battle Mountain State Bank Norfolk County Trust Company, Brookline, Mass.: Walpole, Mass., establishment of two branches under plan for purchase of assets and assumption of liabilities of Walpole Trust Company, approved 6/24 930 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 29 Pages Branch banks, domestic: (Continued) Peoples Bank of Lakewood Village, California, request for permission to purchase assets and assume liabilities of First National Bank of Bellflower and First National Bank of Garden Grove, move headquarters of bank and operate branches, action deferred Application considered and it was decided that it should be declined Letter to FRBank of San Francisco to advise bank that application was declined Letter stating objections of Board to plan Branch banks, FRSystem: Baltimore: Personnel classification plan: Changes approved Changes covering new position and duties in Transit Department, approved stafT:anges involving Accounting Department approved 1/19 94 3/17 393 3/19 4/19 413 607 7/14 1052 8/ 9 1176 12/27 1979 Cupit, John R., Cashier, salary for 1943 approved, less 5/25 778 than recommended Advice that salary increase can now be approved 9/18 1366 when certification is made 10/ 4 1459 Increase in salary approved Hagner, Donald F., Assistant Cashier, salary for 1943 5/25 778 approved Johnston, John A., Assistant Cashier, salary for 1943 5/25 778 approved Milford, William R.: Election as Vice Chairman of board of trustees of 10/19 1525 Retirement System 5/25 778 Salary for 1943 approved Wienert, Adolph C., FRAgent's Representative: 6/1 829 Appointment and salary approved Bond of 6/5 841 12/17 1926 Salary increase approved Zirckel, John H., FRAgent's Representative, advice 6/1 829 as to resignation requested Birmingham: Personnel classification plan: Assistant Manager, Fiscal Agency, Custodianship, and Depositary Department, salary approved at less 7/ 6 1019 than recommended Changes approved, increase in maximum salary for Junior 3/27 442 Clerk-A 7/26 1104 Changes approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 30 Pages Branch banks, FRSystem: (Continued) Birmingham: (Continued) Staff: Beavers, P. L. T., Managing Director, salary for 1943 approved Starr, Leo W., Assistant Cashier, salary for 1943 approved, now in military service Urquhart, H. J., Cashier, salary for 1943 approved Increase in salary approved Buffalo: Examination of, increase in per diem for examiners of Board during current examination Officers for 1943, advice of appointment Personnel classification plan: Increases in maximum annual salaries approved Changes approved Staff: Doll, George J., Assistant Cashier, salary approved for 1943 Snow, Halsey W., Cashier, salary approved for 1943 tiltse, Reginald B., Managing Director, salary approved for 1943 BYlaws, amendment to discontinue office of Managing Director and appoint Vice President as chief executive officer Charlotte: Purchase of adjoining lot, no objection to Staff: Bagby, T. Wesley, FRAgent's Representative, salary approved Salary increase approved Brooks, Louis D., Assistant Cashier, salary approved Salary for 1943 approved Clements, W. T., Managing Director, salary for 1943 approved Honeycutt, Robert L., Assistant Cashier, salary approved Salary for 1943 approved Cincinnati: Bylaws, proposed amendment to discontinue office of managing director and provide chief executive officer, change in title to be submitted to Board for approval Amendment to discontinue office of Managing Director and appoint Vice President as chief executive officer http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/17 900 6/17 900 6/17 900 10/22 1544 11/26 1749 1/16 88 4/9 5/25 545 782 3/27 3/27 442 442 3/27 442 3/6 348 12/28 1989 6/23 922 12/17 1926 3/24 425 5/25 779 5/25 779 3/24 5/25 425 1/23 117 3/6 348 779 31 Pages Brancli banks, FRSystem: (Continued) Cincinnati: (Continued) Personnel classification plan: Changes approved, except establishment of proposed position in Audit Department, action re being 7/31 deferred 8/30 Increases in maximum annual salaries approved Salaries approved and certified to Joint Committee 3/12 RFC expenses not sufficient to warrant visit of Budget ex4/6 aminers Staff: Assistant Auditor, no objection to use of title for au12/31 ditor's representative at branch Brown, S., Assistant Cashier, salary for 1943 ap6/25 proved 2/18 Flaig, O., designated special assistant examiner Geers, P. J., Assistant Cashier, salary for 1943 ap6/25 proved 2/18 Grayson, C. M., designated special assistant examiner Johnson, R. G., Assistant Cashier, salary for 1943 ap6/25 proved Lazar, B. J., Vice President, salary for 1943 approved 6/25 Ott, H. N., Cashier, salary for 1943 approved 6/25 Rauch, R. O., designated special assistant examiner 2/18 Sabo, L. R., designated special assistant examiner 2/18 Uarning, Leroy, designated special assistant examiner 2/18 Decentralization, control and issuance of depositary receipts, omission of prefix numbers for branches of certain FRBanks noted, and explanation of plans requested 7/12 Letter to Mr. Grady on functions of branches an 1/ 4 Denver: Staff: Brown, S. A., Cashier, salary for 1943 approved 6/ 5 Olson, Joseph E., Managing Director, salary for 1943 6/ 5 approved Seaton, Raymond S., Teletype Operator - General Service, 1/11 salary in excess of maximum for grade approved Stempel, H. L., Assistant Cashier, salary for 1943 ap6/ 5 proved Detroit: Guards, CIO labor union, recognition as sole bargaining agent for and setting of time for negotiation requested by, Board not in position to comply with request Personnel classification plan: Change establishing position of chief examiner http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1137 1256 364 522 2022 939 266 939 266 939 939 939 267 266 266 1044 17 844 844 58 844 6/30 988 2/ 8 200 32 Pages Branch banks, FRSystem: (Continued) Detroit: (Continued) Personnel classification plan: (Continued) Changes approved Changes providing for new positions of building superintendent, carpenter, and painter approved Change covering establishment of position of Assistant Supervisor, Cash Department, approved Changes approved Changes involving description of work of Security Teller and Assistant Security Teller approved Increases in maximum annual salaries approved Changes approved Quarters, purchase of building and land known as 150 West Fort Street, approved Salaries of officers approved and certified to Joint Committee Staff: Bloomfield, R. W., Assistant Cashier, salary approved and certified to Joint Committee Salary approved for 1943 Cameron, W. T., Assistant Cashier, salary approved and certified to Joint Committee Salary approved for 1943 Chalfont, Harlan J., Manager, salary approved Salary approved for 1943 Increase in salary to be approved if consistent with policy under salary stabilization regulations Increase in salary, advice as to approval under salary stabilization plan requested from Bureau of Internal Revenue Increase in salary approved Diehl, H. L., Cashier, salary approved and certified to Joint Committee Salary approved for 1943 Jones, Everett D., FRAgent's Representative: Appointment approved Bond of Overtime payments to "exempt" employees, in accordance with formula, to begin April 1 Pettke, August J., FRAgent's Representative, salary approved Raether, Lawrence B., FRAgent's Representative, salary approved Resignation of, advice as to release of bonding company requested http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/5 842 6/30 982 7/ 5 1015 7/22 1083 7/24 1099 7/26 1104 11/ 3 1625 6/7 856 3/12 365 3/12 4/8 365 541 3/12 4/8 1/26 4/8 365 541 145 541 7/29 1124 8/20 1220 8/30 1257 3/12 4/8 365 541 12/15 1915 12/30 2012 6/30 987 2/9 204 2/9 204 12/15 1916 33 Pages Branch banks, FRSystem: (Continued) Detroit: (Continued) Staff: (Continued) Wiegandt, A. J., Assistant Cashier, salary approved and certified to Joint Committee 3/12 365 Salary approved for 1943 4/8 541 War loans, "out-of-pocket expenses", overhead expenses 5/27 792 not regarded as, letter re Directors, duties, responsibilities, relationship to Board and to directors of FRBanks, statement to be prepared by Board 6/5 845 (See also Directors FRBranch banks) El Paso: Bylaws, amendments providing for organizational changes, discontinuance of office of Managing Director, 2/25 301 approved Staff: 6/12 878 Hermann, J. L., Manager, salary for 1943 approved Page, G. C., Cashier, salary for 1943 approved 6/12 878 FRBank of Cleveland: Auditor's representatives, no objection to title of Assist12/31 2022 ant Auditor Fiscal agency functions performed at, letter to FRBank of San 8/ 9 1178 Francisco re extension of Fiscal agency operations, Series El F, and G Bonds and tax notes, to be accounted for directly with 7/ 5 1016 Treasury Fiscal agency transactions, discussion of at conference, estimate of stock requirements of market issues 11/ 1 1592 requested of FRBanks FiScal services at, letter to Mr. McLarin on expansion of ac2/13 236 tivities Helena: Building, protection offered by, advice requested 11/27 1757 Staff: 2/3 181 Larson, C. J., Assistant Manager, salary approved Salary for 1943 approved 6/5 842 Towle, R. E., Managing Director, salary for 1943 aP6/5 842 proved Houston: Bylaws, amendments providing for organizational changes, discontinuance of office of Managing Director, 2/25 301 approved Discontinuance of office of Manager and designation of 9/16 1356 Vice President approved Personnel classification plan: Changes approved 277 2/20 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 34 Pages Branch banks, FRSystem: (Continued) Houston: (Continued) Salaries of certain officers approved for 14-month period Staff: Austin, E. B., Manager, salary for 1943 approved Salary for 1943 approved Salary as Vice President approved Boyd, John A., FRAgent's Representative, salary approved Carrithers, Howard, Assistant Cashier, salary approved Cook, J. L., Assistant Cashier, salary for 1943 approved Rowland, C. M., Cashier, salary approved at less than recommended Sayles, Allen, Cashier, salary for 1943 approved Salary for 1943 approved Jacksonville: Personnel classification plan: Changes approved Changes approved Changes approved Staff: Clark, Thomas Crawford, Assistant Cashier, salary approved Lanford, T. A., Cashier, salary for 1943 approved Salary increase approved Increase in salary approved Vardeman, G. S., Jr., Managing Director, salary for 1943 approved Little Rock: Personnel classification plan: Changes approved Staff: Bailey, A. F., Managing Director, salary for 1943 approved Childers, Clay, Assistant Cashier, salary for 1943 approved Links, John A., FRAgent's Representative, salary approved Salary approved Wood, Clifford, cashier, salary for 1943 approved Los Angeles: Changes in operations at, discussed Personnel classification plan: Changes approved with certain exceptions listed Change approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/6 521 4/1 485 6/12 878 9/16 1356 8/13 1199 12/30 2014 6/12 878 12/30 2015 4/1 485 6/12 878 3/27 442 6/ 8 864 7/26 1104 12/18 1933 6/l7 900 9/18 1366 10/22 1544 6/17 900 7/16 1062 5/25 780 5/25 780 1/27 151 12/17 1927 5/25 780 4/9 551 1/7 3/10 40 357 35 Pages Branch banks, FRSystem: (Continued) Los Angeles: (Continued) Salaries, Managing Directors, increases, additional data requested by Board Staff: Ambrose, W. N., Managing Director: Mutilation of plate bearing name, Mr. DeLaMater to represent FRBank Salary approved for 1943, same rate as for past year instead of that recommended Salary increase approved, but less than recommended Question of salary increase Board willing to approve salary increase under certain circumstances Salary increase approved Barglebaugh, E. R., Assistant Manager, salary for 1943 approved Bold, Fred C., Assistant Manager, salary approved for 4/19 606 5/26 789 678 5/ 7 9/18 1368 10/22 1541 10/26 1558 11/ 5 1643 8/ 9 1177 678 5/ 7 1/18 Durran, W. D., Assistant Manager, salary approved 93 Salary approved for 1943 678 5/ 7 Geller, R. N., FRAgent's Representative, salary approved 1/ 4 15 McRitchie, M., Assistant Manager, salary approved for 678 5/ 7 1943 Meyer, L. C., Assistant Manager, salary approved for 678 5/ 7 1943 Watkins, C. H., Assistant Manager, salary approved 2/10 210 Salary approved for 1943 678 5/ 7 Louisville. Personnel classification plan: Changes creating new positions approved 120 1/25 Changes approved 3/27 443 Changes involving establishment of position of General 5/20 742 Clerk in Fiscal Agency Department approved 7/16 1062 Changes approved Quarters, further study to be made of space problem 9/18 1362 Staff: 5/25 780 Burton, Fred, Cashier, salary for 1943 approved Jenks, S. B., Assistant Cashier, salary for 1943 ap5/25 780 proved Parsell, Garland H., FRAgent's Representative, salary 1/27 151 approved 12/17 1927 Salary approved Schacht, C. A., Managing Director, salary for 1943 ap5/25 780 proved Memphis: 9/18 1362 Building, expenditure for proposed addition approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 36 Pages Branch banks, FRSystem: (Continued) Memphis: (Continued) Bylaws, amendment re regular meetings of board of directors Personnel classification plan: Increase in maximum annual salary approved Changes approved Staff: Belcher, S. K., cashier, salary for 1943 approved Glasgow, W. H., Managing Director, salary for 1943 approved Goldschmid, Jack P., FRAgent's Representative, salary approved Salary approved Resignation effective August 2 Martin, C. E., Assistant Cashier, salary for 1943 approved, but less than recommended Salary increase approved Salary increase approved Ritzel, Carl, appointment and salary as FRAgent's Representative approved Bond of Salary approved Nashville: Personnel classification plan: Changes approved Changes approved Changes approved, page covering position of Building Custodian and Mechanic renumbered Changes approved Staff: Fort, Joel B., Jr., Managing Director, salary for 1943 approved ison, E. R., Cashier, salary for 1943 approved New Orle= Personnel classification plan: Changes approved, with slight change in salary for Messenger A Changes approved, except for increase in maximum annual salary for position of Assistant Chief Clerk in Fiscal Agency Department, page numbers changed Manager of the Trade Data Unit, page providing for position of, canceled Changes approved Increases in maximum annual salaries for two positions, approved Staff: McCravey, J. R., Jr., temporarily serving as Acting Cashier, salary for 1943 approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/20 742 3/24 425 7/16 1062 5/25 781 5/25 780 1/27 151 7/ 5 1015 7/14 1053 5/25 781 9/18 1367 10/19 1531 7/14 1053 8/ 3 1154 12/17 1927 3/27 4/20 442 612 6/8 865 7/26 1104 6/17 6/17 900 900 3/27 442 6/8 864 6/19 912 7/26 1104 7/26 1103 6/17 900 37 Pages Branch banks, FRSystem: (Continued) New Orleans: (Continued) Staff: (Continued) Paris, E. P., Managing Director, salary for 1943 ap6/17 900 proved Sewell, W. H., Assistant Cashier, salary for 1943 ap6/17 900 proved Shaw, M. L., Cashier, salary for 1943 approved (on special assignment as Acting Assistant Vice 6/17 900 President at the Head Office) Vasterling, F. C., Assistant Cashier, salary for 1943 6/17 900 approved Trade Data Unit, to be abolished, effective June 30, 1943 6/19 912 Officers, meeting of, suggested by Mr. Leland, to be referred 7/ 2 1001 to Presidents' or Chairmen's Conference Oklahoma City: Granting of full powers, Board willing to consider any plan 6/8 865 submitted Full powers granted to, and to become direct settling 11/ 1 1592 branch 11/13 1681 Powers, use of facilities by banks in Oklahoma Staff: Davenport, L. B., Assistant Cashier, salary for 1943 6/5 844 approved Mathes, R. L., Cashier, salary for 1943 approved 6/5 844 Pipkin, G. H., Managing Director, salary for 1943 approved 6/5 844 Omaha: Examination of fiscal agency operations of RFC by Budget 4/6 522 Examiners Staff: Amende, Carl 14., Junior Clerk A - Fiscal Agency, salary 1/11 58 in excess of maximum for grade approved Berry, U. S., Assistant Cashier, salary for 1943 ap6/ 5 WI proved approved 6/5 844 Cordill, O. P., cashier, salary for 1943 Earhart, L. H., Managing Director, salary for 1943 ap6/5 844 proved Operations, changes in, performance by branches of FRBank of 4/9 550 San Francisco Pittsburgh: Bylaws, proposed amendment to discontinue office of managing director and provide for chief executive officer, change in title to be submitted to Board 1/23 117 for approval Director Managing of office Amendment to discontinue and appoint Vice President as chief executive 3/6 348 officer http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 38 Pages Branch banks, FRSystem: (Continued) Pittsburgh: (Continued) Personnel classification plan: 3/12 Salaries approved and certified to Joint Committee Changes approved 3/25 Changes approved, except establishment of proposed position in Audit Department, action re being 7/31 deferred 8/30 creases in maximum annual salaries approved Staff: 2/18 Adamson, A. C., designated special assistant examiner Assistant Auditor, no objection to use of title for au12/31 ditor's representative at branch 6/25 Foster, A. G., Cashier, salary for 1943 approved Gildersleeve, H. R., designated special assistant ex2/18 aminer Henderson, James, designated special assistant ex2/18 aminer Kossin, J. V, Vice President, salary for 1943 ap6/25 proved including substantial increase 2/18 Martin, C. W., designated special assistant examiner Nolte, billiam H., Assistant Cashier, salary for 1943 6/25 approved Raubenstraw, W. C., designated special assistant ex2/18 aminer Schmidt, J. A., Assistant Cashier, salary for 1943 ap6/25 proved Steinbrink, R. j., Assistant Cashier, salary for 1943 6/25 approved rowbridge, G. M., designated special assistant examiner 2/18 Portland: Salaries, Managing Directors, increases, additional data 4/19 requested by Board Staff: Bent, D. E., Assistant Manager, salary for 1943 ap 8/ 9 proved approved Blanchard, J. P., Assistant Manager, salary 5/7 for 1943 Davis, D. L., Managing Director: Mutilation of plate bearing name, Mr. DeLaMater to 5/26 represent FRBank last Salary approved for 1943, same rate as for 5/ 7 year 9/18 Salary increase approved, but less than recommended 10/22 Question of salary increase http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 364 432 1137 1256 267 2022 939 267 267 938 267 939 267 939 939 267 606 1177 678 789 678 1368 1541 39 Pages Branch banks, FRSystem: (Continued) Portland: (Continued) Staff: (Continued) Davis, D. L.: (Continued) Board willing to approve salary increase under certain circumstances Salary increase approved Machachron, S. A., Assistant Manager, salary approved for 1943 Salt Lake City: Personnel classification plan: Changes approved with certain exceptions listed Staff: Barnard 0. H., FRAgent's Representative, salary approved Salary as Assistant Lianager approved for 1943 Larsen, LeRoy, FRAgent's Representative, appointment and salary approved Bond of Leisner,1J. 9: 4 . Assistant Manager, salary approved for Partner, W. L., Managing Director: Mutilation of plate bearing name, Mr. DeLatlater to represent FRBank Salary approved for 1943 Scott, W. M., Assistant Manager, salary approved for 1943 Simms, D. E., Assistant Manager, salary approved Salary approved for 1943 San Antonio: Bylaws, amendments providing for organizational changes, discontinuance of office of Managing Director, approved Discontinuance of office of Manager and designation of Vice President approved Personnel classification plan: Changes approved Salaries of certain officers approved for 14-month period Staff: Cook, J. L. Cashier, salary approved Davis) H. K., Assistant Cashier, salary for 1943 approved Gowland, C. P., FRAgent's Representative, resignation, advice requested on http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/26 1558 11/ 5 1643 5/7 678 1/ 7 40 15 1/4 8/ 9 1177 8/16 1206 9/16 1355 5/7 678 5/26 5/7 789 678 5/7 1/18 5/7 678 93 678 2/25 301 9/16 1356 2/20 277 4/6 521 12/30 2015 6/12 878 7/13 1048 40 Pages Branch banks, FRSystem: (Continued) San Antonio: (Continued) Staff: (Continued) Pondrom, L. G., Manager, salary approved for 1943 4/1 6/12 Salary for 1943 approved 9/16 Salary as Vice President approved 6/12 Rowland, C. M., Cashier, salary for 1943 approved Stover, G. W., FRAgent's Representative, appointment 7/13 and salary approved 7/22 Bond approved 8/13 Salary approved Seattle: Salaries, Managing Directors, increases, additional data 4/19 requested by Board Staff: Everson, R. E., appointed Assistant Manager and trans2/16 ferred from Head Office Salary approved for 1943 5/ 7 F.B.I. report on employee in R.F.C. Custody Department, former member of Young Communist League, ques11/16 tion of procedure re Reif, G. W., Assistant Manager, report of illness and 2/16 another assistant manager appointed approved salary for Russell,1B. Assistant Manager, Shaw, C. R., Managing Director, mutilation of plate bearing name, Mr. DeLaMater to represent FRBank Salary approved for 1943, same rate as for past year Salary increase approved, but less than recommended Question of salary increase Board willing to approve salary increase under certain circumstances Salary increase approved Simms, D. E., Assistant Manager, salary for 1943 approved Spilman, Cynthia Elizabeth, F.B.I. report on, letter re applicability of Executive Order 9300 to Symms, Ro i.:1119T 4. 3, Assistant Manager, salary approved 485 878 1356 878 1048 1080 1199 606 256 678 1701 256 5/7 678 5/26 789 5/ 7 678 9/18 1368 10/22 1541 10/26 1558 11/ 5 1643 8/ 9 1177 11/26 1749 5/ 7 678 War loan deposit accounts, maintained at, satisfactory to Treas8/ 9 1178 Br-.Lkach Department banks foreign: fore. Chase National Bank, New York: Cairo, Egypt, proposed establishment of facilities for 11/23 1723 American servicemen, discussion of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 41 Pages Branch banks, foreign: (Continued) National City Bank of New York: San Juan, Puerto Rico, loss of mail shipments of FRnotes to, adjustment procedure 10/30 Santos, Brazil, sub-branch regarded as branch, no application for required 4/10 Virgin Islands National Bank, Christiansted Branch, loss of mail shipments of FRnotes to, adjustment pro10/30 cedure Breen, Frank E. NADA Official Used Car Guide to be published on bimonthly basis, advice that change has no effect re Regulation W 3/15 Brewster Aeronautical Corporation guaranteed loan, changes in 6/15 guarantee agreement made by Navy Department Brooks, Senator C. Wayland, Regulation W, request for rescission of by Rockford Finance Company of Rockford, 12/24 Ill., letter re Brown Lisle and Marshall, request for exemption from filing Form 7/16 F.R. 240 Bildgets: Board of Governors: 12/17 Approved for 1944 Counsel's Office, account increased to cover legal fees and expenses in connection with Transamerica Corporation case Nonpersonal budget, amount added to item of Traveling Expenses for 1943, approved Division of Bank Operations, amount added to item of postage and expressage approved Division of Examinations, increase in traveling expenses account and printing and binding account ap12/31 proved Division of Personnel Administration: Amount added to item of books and subscriptions for 5/18 1943, approved Amount added to item of Telephone and Telegraph in 1943 10/29 nonpersonal budget Division of Research and Statistics: Account for 1943 increased to cover cost of department 5/28 store records prepared by Bureau of the Census Account for 1943 increased to cover cost of department 8/13 store data obtained from Bureau of the Census Amount added to item to cover expenditure for services of Mr. S. T. Yang on Military Government Hand9/15 book Traveling expenses, amount added to cover from September 10/ 1 to December http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1587 555 1587 378 891 1977 1063 1929 1268 1537 380 2027 732 1576 799 1200 1354 1452 42 Pages Budgets: (Continued) Board of Governors: (Continued) Division of Research and Statistics: (Continued) Sum added to items of Telephone and Telegraph and Stationery and Supplies for 1943 Amount added for compensation of Miss Erika Goldberg for typing of special article Nonpersonal, to be increased to cover showing of motion pictures re war effort Office of Administrator for War Loans Committee: Sum added to cover expense of bus transportation for messenger To be increased to cover printing and distribution of revised form of guarantee agreement Amount added to item of postage and expressage for 1943 11/ 1 1593 11/16 1706 7/20 1073 3/27 449 4/6 507 7/ 5 1018 Monpersonal budget, increase to cover books and sub10/21 1536 scriptions for 1943, approved Secretary's Office, Service Functions, increase for 1943 5/25 783 approved FRBank of Dallas, revised budget for statistical and analytical 11/ 5 1647 function approved FRBanks: Bank examination departments for 1943, budget approved 4/20 612 Statistical and analytical function for 1943, approved 3/30 475 Burch, T. G., Chairman of House Committee on Post Office and Post Roads, H. R. 2001, letter to expressing opinion of Board 4/6 525 Bureau of the Budget: Approval numbers on FRBank forms, memo of Mr. Bergelin with 1/14 80 reasons for and against use of Report of Presidents' Conference Committee on research 1/26 135 and statistics Approval numbers for Board and Reserve Bank report forms 6/12 878 Bailey, F. J., Assistant Director, letter and copy of proposed Executive Order desired by Lar Shipping Admin4/6 511 istration Bank deposits, Mr. with information survey of, discussion of 10/ 1 1446 Rice Bank holding company legislation, proposed bill to be cleared 11/29 1780 with COV Wayne, JI Acting Director of Budget, question of examiners visiting FRBanks to obtain information re Federal agencies and Regulation V loans, letter on 3/30 469 Deposit accounts, study by Securities and Exchange Commission, 9/23 1401 not cleared with http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 43 Pages Bureal.1 of the Budget: (Continued) Division of Statistical Standards, found satisfactory by Board, H. R. 1575, to make Department of Commerce agent, not favored by Board Executive Order 9112, liability of armed services and Maritime Commission under, to be determined by Proposed order making provisions applicable to Lend-Lease Administration and War Shipping Administration, to be restricted to reimbursement of War Department and Maritime Commission, suggestion of Board Farm-land booms profits tax, letter to Mr. Bailey indicating approval of FRBanks as fiscal agents, reimbursement for, letter of Chairman Eccles to Mr. Coy on examiners of Bureau visiting FRBanks Forms F. R. 105, 105e, and 105e-1 sent for assignment of apnumbers H. R. 1575, replyproval to Board's report on, no further action to be taken Inter-agency committee, establishment of, Mr. Woodlief Thomas to represent Board Ration banking, questionnaire in connection with examinations of banks, explanation by Board in letter to Work ior4 schedule, Federal employees, 48-hour week including full day's work on Saturday, to be continued Bureau of the Census Department store records of 1939 Census of Retail Trade, made available to Board, cost approved Bureau of Customs: Banque Nationale Suisse, transmission through representative of Banque and Swiss Legation of communications accounts on books of FRBank of New Procedure rok-dure in handling communications, matter being studied by Bureau Bureau of Foreign and Domestic Commerce: Transfer of statistical work in field of consumer credit to Board, letter to FRBanks on collection of staB tistics urec'Ll. of Internal Revenue: Bank for International Settlements, question of FRBank of New York withholding Federal income taxes for income earned by Question of FRBank of New York withholding Federal income taxes for, cony of letter re sent to FRBank of New York http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/22 754 4/6 523 4/10 557 11/29 1782 4/ 6 521 11/13 1684 10/ 2 1454 12/18 1945 7/28 1120 5/ 5 664 5/28 799 6/15 892 6/25 944 1/21 105 7/15 1060 10/ 6 1468 44 Pages Bureau of Internal Revenue: (Continued) Increase in salary to Mr. Chalfont, Manager of Detroit Branch, advice as to approval under salary stabilization plan requested Overtime payments to "exempt" employees of FRBanks, formula to be submitted to Mr. Burford, Deputy Commissioner Registration statement, permission for inspection by Agent, to FRBank of Dallas Salary increases creases of employees of FRBanks and Board, procedure discussed with Presidents Salaries of directive personnel of Victory Fund Committees Burford, A. D., Deputy Commissioner of Internal Revenue, formula for overtime payments to "exempt" employees of FRBanks to be submitted to BYlaws: Chairmen's Conference, statement to be prepared in nature of, relating to organization, meetings, and procedure Cincinnati Branch, proposed amendment to discontinue office of managing director and provide for chief executive officer, change in title to be submitted to Board for approval Amendment to discontinue office of Managing Director and appoint Vice President as chief executive officer El Paso Branch, amendments providing for organizational changes, discontinuance of office of Managing Director, approved FRBank of Chicago, amendments as to election of representative on Federal Open Market Committee, signing of stock certificates and number of directors of Detroit Branch FRBank of Dallas, amendments providing for Executive Committee composed exclusively of directors Houston Branch, amendments providing for organizational changes, discontinuance of office of Managing Director, approved Memphis Branch, amendment re regular meetings of board of directors Pittsburgh Branch, proposed amendment to discontinue office of managing director and provide for chief executive officer, change in title to be submitted to Board for approval Amendment to discontinue office of Managing Director and appoint Vice President as chief executive officer Retirement system, amendments to make changes in organization of, no objection http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/20 1220 6/30 984 10/11 1489 1/26 2/27 134 316 6/30 984 1/25 121 1/23 117 3/6 348 2/25 301 1/2 11 2/25 301 2/25 301 5/20 742 1/23 117 3/6 348 2/6 196 45 Pages Bylaws: (Continued) San Antonio Branch, amendments providing for organizational changes, discontinuance of office of Managing Director, approved Byrnes, James F. director of Economic Stabilization, letter on stabilization program including dangers of inflation read to Presidents of FRBanks 2/25 301 3/2 326 2/1 16) 6/25 944 6/30 993 "C" Cafeteria, agreement with V.elfare and Recreational Association cancelled and new agreement approved Censorshi-): Co mmunications between FRBank of New York and Banque Nationale Suisse, procedure in handling, matter being studied by Office of Censorship and Bureau of Customs Procedure for handling communications, letter to FRBank of New York Comm unications betIveen FRBank of New York and Vatican and Sveriges Riksbank, informal discussion, not in files of Board lrl, ',ercep ts,rtjis, value to Board, letter to Director loates of indebtedness: Holdings by FRSystem, publication of figures in FRBulletin and weekly statement Charts: Banking and related developments, revised form available to Committees on Banking and Currency of House and Senate eI0 1,abor Union: Guard,) at Detroit Branch, recognition as bargaining agent for and setting of time for negotiation, requested by, Board not in position to comply with request Clroulars: Board of Governors: Absorption of exchange charges, ruling on, examination of bank to determine applicability to each case Statement for use in connection with inquiries about, copy sent to FRBanks Resolution against adopted by nine banks in Omaha and Lincoln, Nebraska Ruling on, letter explaining background in reply to Mr. ueonard A. Flansburg, copies sent to FRBanks and Comptroller of the Currency Clearing house action on discontinuance of, copies to be sent to FRBanks and Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/25 944 10/21 1536 4/ 3 497 4/8 541 6/30 988 10/13 1499 10/18 1522 10/27 1564 11/ 9 1654 11/12 1673 46 Pages Circulars: (Continued) Board of Governors: (Continued) Absorption of exchange charges: (Continued) Telegram to FRBank of Atlanta answering two questions in connection with Board's ruling on Restatement of Board's ruling on, position unchanged, copy of colloquy between Messrs. Patman, Crowley, Ransom, and Dreibelbis sent to FRBanks Analysis of individual accounts, "Monthly Account Analysis" used by Scranton National Bank, Scranton, Pa., not a payment of interest Annuity accumulation account, Retirement System, advice that FRBanks agreed to make payment and manner of showing in statement Applications for Navy Department guarantees, memo from Navy Department on essential points in drawing up bank credit agreements, copy sent to FRBanks APpraisal guides, use of under Regulation W, 1942 model prices to be quoted by July 1, no need for further action by Board Assignment of claims, decision of Comptroller General of the United States dealing with notice of assignment to surety Banco de la Republica Oriental del Uruguay, loans by FRBank of New York authorized and participation offered to other FRBanks Banking facilities at military reservations, manner of reporting as branch, changes on form 412 Branch banks, fiscal agency transactions, discussion at conference, estimate of stock requirements of market issues requested of FRBanks Charges by banks, for cashing and collecting checks, question of legality and practical aspects, views requested Mention of consideration by Board and general discussion to be avoided at present Limitations in first paragraph of section 13 of FRAct not applicable to, copy of letter to Mr. Rice sent to FRBanks Christmas presents for FRBank employees in armed services, expenditure approved Classification of FRBanks as essential activities, information to be furnished to War Manpower Commission Classification of member banks for electoral purposes, advice as to opinion concerning reclassification requested http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/23 1725 12/29 1998 12/ 9 1836 2/26 312 12/11 1857 7/ 1 997 1/ 9 52 4/ 7 537 2/13 235 11/ 1 1592 5/29 813 6/ 5 850 9/18 1370 9/14 1339 2/ 8 199 7/ 3 1012 47 Pages Circulars: (Continued) Board of Governors: (Continued) Coins, critical situation re minor, FRBanks requested to send in excess pennies, copy of letter from 11/12 Honorable Nellie Tayloe Ross sent to FRBanks Commitment fees in connection with VT loans, interpretation of special condition re, letters sent to 12/22 Fs and the Services Condition reports: State member banks: 3/6 Spring call not to be made for 6/16 Supply transmitted to FRBanks Call report for fall, forms and instructions trans8/21 mitted to FRBanks made for be to banks, Fall call for State member 9/21 figures in October, telegram to FRBanks to copy of forwarding Abstracts of condition of, 10/28 be discontinued for spring and fall calls sent be to call next Forms and instructions for 11/13 to FRBanks War loan deposit accounts, method of showing excess 6/19 collateral pledged against of resummary 1943, Conference of Chairmen on October 5, plies to letters on resolutions adopted by 3/ 4 Credit reports, forwarding to Washington of copies to be 4/14 discontinued by FRBanks Currency shipment, shortage reported, request for attitude 3/24 and procedures in similar case Currency shortages, policy to be followed, copy of letter 12/18 to Navy Department sent to FRBanks Defense housing projects under Regulation W, list of Private War Housing Priority Localities sent to FRBanks 7/1 by for use in determining Deposits counties for use by Treasury in connection with 1/12 next victory loan campaign _ 12/29 Statement requested, instructions to FRBanks Deposits of member banks, reports for reserve computation purposes, form to be adopted for reporting of 5/8 figures in thousands of dollars, suggested Deposits, ownership of, preliminary survey of certain banks 3/25 to be undertaken by FRBanks Directors of FRBranch banks, six-year rule waived in connection with appointments for terms beginning January 1, 1944, matter to be considered again 11/16 at end of next year Dismissal wages or separation allowances in connection with 12/11 involuntary separations, program adopted for http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1676 1957 348 897 1230 1392 1571 1685 913 341 588 426 1942 998 67 2009 689 430 1703 1854 48 Pages Circulars: (Continued) Board of Governors: (Continued) Examination of member banks, report on scope, procedure and frequency sent to FRBanks 3/17 Examination reports, availability to clearing house asso10/ 6 ciations, copy of letter sent to FRBanks Examinations by Federal Home Loan Bank Administration, steps taken to effect economies in procedure of, no 7/16 effect on supervision of Regulation Vi Executive Order No. 9336, war loans, Lend-Lease and War Shipping Administrations, authorized to indemnify War and Navy Departments and Maritime 4/28 Commission re guarantees made for benefit of FRBanks and Branches, essential activity, Executive Order 9/11 9309 and Public Law 23 not applicable to Executive Order 9309 and Public Law 23 not applicable 11/22 to, clarification of FRnote clearing, discontinuance of separate clearing and settlement procedure as finally adopted FRnotes: Count for upper and lower halves of notes sent in for redemption, copy of letter sent to FRBanks with statement of sorting errors, overs and shorts in shipments received during September, and list for destruction Pledges of participations in direct obligations of United States in System Open Market Account, proposed plan for securing by, advice of approval requested by Board Insertion of words "and the FRAgent at such bank" Instructions for instituting sent to FRBanks Reduction of amount outstanding because of shipments to Treasury for retirement, procedure for making entries Fiscal agency operations of FRBanks, statement for 1943 requested for use in Annual Report F.R. 107b, earnings and dividends report, for six months ending June 1943, copies and instructions for preparation sent to FRBanks F.R. 212, revised form for use in examinations made by FRExaminers, copies and supply sent to FRBanks P.R. 240, changes in collection procedure, only member firms of New York Stock Exchange required to make reports F.. R 416, weekly condition report, revised form, copy sent to FRBanks http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/15 395 1467 1064 634 1326 1720 252 11/10 1660 7/19 1071 7/20 1075 9/ 4 1287 5/24 757 12/31 2024 6/16 898 5/24 757 10/ 7 1481 5/21 748 49 Pages Circulars: (Continued) Board of Governors: (Continued) F.R. 417, applications for industrial advances and commitments, to be discontinued Functional expense reports (Form E), to be submitted annually instead of semi-annually Government securities owned by States, safekeeping by FRBanks, left to discretion of banks until recommendations by Presidents' Conference Letter to FRBanks approved and to be on program for next Presidents' Conference Guarantee agreement: Calculation of ratios for adjustments under, copies of letter re and replies from Services sent to FRBanks Cancellation of terminated, memo from War Department modifying procedure, copy sent to FRBanks Change in condition by Maritime Commission to avoid conflict with Section 18 Extension of time for, memos from War and Navy Departments and Maritime Commission, copies sent to FRBanks Participation certificates for the Services, forms sent to FRBanks Memo from War Department re form of Revised form, procedure for substituting, letters sent to FRBanks Section 6(B), memoranda from Navy and War Departments re interpretation of certain provisions of Sections 5 and 6, memo from Navy Department re adjustments under Guarantee fees, computation to be continued on straight 365-day basis during 1944 Guaranteed loans purchased under guarantee agreement, report form F.R. 579, procedure to be followed Guarantees and loans of FRBanks made under decentralization of authority granted by War Department, memorandum of Colonel Mechem Holding company affiliates, annual reports to be obtained on F.R. 437, instructions to FRBanks Inflation, program to counteract developments of, request for suggestions "Information Program on Economic Stabilization to Keep Down the Cost of Living", prepared by Office of Viar Information, copy sent to FRBanks, advice as to number of copies needed requested Insurance, loss-sharing agreement, substitution for purchased insurance, memo re premiums paid and claims collected, and Governor Szymczak's letter sent to FRBanks http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/27 630 6/15 892 3/30 465 4/2 492 11/ 6 1649 12/11 1856 6/26 948 10/28 1569 10/28 1569 11/12 1673 9/ 8 1300 11/22 1721 12/15 1916 12/ 4 1810 6/3 835 3/22 421 12/18 1939 3/19 414 6/18 908 11/13 1682 50 Pages Circulars: (Continued) Board of Governors: (Continued) Insurance: (Continued) Copy of opinion of Board's counsel sent to FRBanks Interdistrict time schedules: Changes in, submission to Board before becoming effective unnecessary FRBank of Chicago, changes approved FRBank of Dallas, changes approved FRBank of Kansas City, changes approved Changes approved FRBank of Minneapolis, changes approved FRBank of St. Louis, changes approved Interest, reduction in maximum rate on time and savings deposits, desirability of amending supplement to Regulation Q, views and suggestions requested International monetary stabilization, White and Keynes plans, comments of officers and directors of FRBanks requested List of stocks registered on national securities exchanges, distribution of Loans for purchasing or carrying Government securities, weekly reporting member banks to report separately amounts of, instructions sent to FRBanks Military Government Division, names of additional qualified men requested by Misunderstandings between FRBank of New York and Regional Office of U. S. Maritime Commission at Philadelphia, letters re, copies sent to FRBanks General Order No. 60-4A, relating to repair or replacement of heating equipment during spring and summer months, advice of issuance and copy sent to FRBanks 1`.THA General Order No. 60-4B, removal of authority to exempt remodelling and rehabilitation projects, copy of Order and revised form NHA 60-5 sent to FRBanks IlavY Department, personnel attached to Finance Section, copy of supplemental memo sent to FRBanks Operating ratios of member banks, supply of revised Form F.R. 456 for compiling data for 1943 sent to FRBanks Overtime payments to "exempt" employees of FRBanks, formula to be sent to FRBanks upon approval of Bureau of Internal Revenue Payment of semi-annual dividend on June 30, 1943 approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/14 1871 7/17 1066 565 4/12 5/26 788 610 4/23 6/29 980 4/28 635 5/31 820 7/27 1114 6/25 943 2/10 210 11/24 1739 4/30 649 5/17 726 8/11 1193 11/ 3 1626 6/11 872 11/ 6 1650 6/30 6/23 985 924 51 Pages Circulars: (Continued) Board of Governors: (Continued) Payroll savings plan, reports, instructions sent to FRBanks Punch-card check operations to be handled by FRBanks until revision of Treasury circular No. 176 Purchase of 2 per cent depositary bonds, under Treasury Circular 660, methods of payment for, telegram to FRBank of San Francisco Quarters of FRBanks, statement on outside space occupied, to be submitted Ration banking, vouchers submitted by FRBanks, to be sent to regional offices for payment Ration banking checks, reimbursement of FRBanks for handling, correspondence re sent FRBanks Regulation N and statement of procedure re foreign relationships of FRBanks revised, copies and suggestions sent to FRBanks Regulation T, amendment No. 3, advice of adoption, amendment to be printed and distributed as deemed advisable by FRBanks Regulation V: Commitment and other similar fees, amount approved Guarantee agreement, revised draft of Revised form, request for number of copies needed Guarantees, broadened program to free working capital upon termination of contracts, information re, press statement sent to FRBanks Loans, applications submitted to the Services and Maritime Commission, information to be included in report re Purchased on behalf of Navy Department, memorandum re sent to FRBanks Standard conditions, memo from Maritime Commission re applications Telegrams for to be sent collect, reimbursement by War Dept., Navy Dept., or Maritime Commission Terms used in connection with, letter from Mr. Hendrickson sent to FRBanks to clarify any confusion in Reimbursement of expenses under, tables sent to FRBanks Termination "VT" loans, answers by War and Navy Departments and Maritime Commission to questions re, w!ent to FRBanks Regulation Amendment No. 10, proposed draft form sent FRBanks, comments requested from Banks and the trade http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/29 1440 4/ 2 492 4/27 631 3/25 433 3/31 482 3/26 438 12/14 1888 7/24 1100 5/12 3/ 1 3/18 712 322 405 8/31 1263 8/ 2 1144 6/23 923 5/21 746 3/19 )11 3 9/24 1414 3/17 399 9/11 1329 5/22 752 52 Pages Circulars: (Continued) Board of Governors: (Continued) Regulation IV: (Continued) Amendment No. 10: (Continued) Revised draft sent to FRBanks, request made for comments and suggestions Industrial banks, figures on, new plan and forms suggested for use in determining, comments requested Proposed amendment No. 11, affecting instalment vendors, draft sent to FRBanks and comments requested Reports on enforcement activities of FRBanks Section 7(c), answers to inquiries involving application of Statement of Necessity, use of in connection with consolidation under Option 2 of section 10(b) System conference to be held on November 17-19, general revision to be considered, advice of attendance from FRBanks requested Terms allowed for loan to retire previous loan Venetian blinds and shades, included in Group C of section 13(a), as screens, awnings, and storm windows Report forms, Budget Bureau approval numbers for, list of Board forms and copies of legislation re sent to FRBanks, request for copies of proposed forms for submission to Division of Statistical Standards Reports, country bank, may be accepted on either old or revised form Reserve requirements, bill S-700, exempting war loan deposits from, revision of F.R. 414, approved 8/10 1185 5/4 661 9/21 1391 5/8 688 8/20 1222 10/ 1 1450 10/20 1534 9/24 1415 6/23 924 6/12 878 4/24 622 4/13 571 Computation form, revised, proceeds of sales of War Savings Bonds to be included with "War loan de4/17 602 posits of U. S. Government" Requirements, exemptions from, telegram to FRBank of 631 4/27 San Francisco Retirement system, supplemental payments by FRBanks, authority for making rescinded, advice of Board's 10/30 1581 approval of amendments to Salary data at FRBanks, preparation for annual reports to 12/31 2024 Board Settlement procedure for clearing FRnotes by the FRBanks 1/9 54 and discontinuance of separate clearing http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 53 Pages Circulars: (Continued) Board of Governors: (Continued) Supplemental compensation, FRBanks permitted to pay maximum rates without certification, but increase in not approved Surety bonds, to be renewed every four years, advice to FRAgents Survey of ownership of deposits, plans for further surveys and reports on, forms and instructions sent to FRBanks System policy matters, submitted to board of directors, procedure re by Board Treasury bills, under resale agreement, report re purchase be submitted at end of each month Victory Fund Committee, salaries of directive and clerical personnel not subject to approval of Commissioner of Internal Revenue Vouchers, requesting reimbursement for expenses re Executive Order 9112, procedure for submission of VT loans: Commitment commissions, memo from War Department, copy sent to FRBanks Insertion of additional sentence in memo of October 1, request of Navy Department Working capital needed to finance war production contracts, memo from Navy Department Wage adjustments, procedure to be followed, memoranda re sent to FRBanks Wages and salaries at FRBanks, certification procedure for adjustments War Department, recommendations for men qualified in international finance requested by War loans: Amendments of guarantee agreements and consents and waivers under guaranteed, memo from War Department, copy sent to FRBanks Application for guarantee of loan, declined by Navy Department, memo re sent to FRBanks, position taken not a general policy under Regulation V Commitment fees, proposed rate, comments of FRBanks requested Commitment fees, not to exceed 1/2 of 1 per cent per annum, in guarantee agreements to free working capital upon cancellation of contracts Condition No. 6, letter re from Maritime Commission Guarantee agreement, memo from Lt. Colonel Cleveland http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/16 1921 12/27 1982 7/10 1031 12/ 8 1831 4/15 592 3/19 408 6/4 840 10/29 1575 10/ 7 1479 10/ 2 1453 9/15 1351 2/9 204 2/23 293 10/ 6 1467 6/14 882 5/1 654 8/30 1258 7/15 1060 3/27 448 54 Pages Circulars: (Continued) Board of Governors: (Continued) War loans: (Continued) Guarantee agreement, memo from War Department re section 5 and section 6 Guarantee agreement, revised form of April 6, approved by War Agencies Guarantee agreement changes in revised form re Maritime Commission Guarantee agreement, commitment and other fees to be charged borrower, proposed telegram to be submitted to the military services Guarantee agreement, contracts included under, words "Section 6(A)" in paragraph (C), Section 19, to be changed to "Section 6" Guarantee agreements, amendment of, memo from War Department re, copy sent to FRBanks Guarantee agreement, procedure to be followed in connection with sections 5 and 6, copies of memoranda from the Services sent to FRBanks Guaranteed, deductions for overdeposits of fees, on behalf of War Department, copy of memo re from Army Service Forces Guaranteed, monthly and quarterly reports, to be made to Armed Services and Maritime Commission on cases requiring special attention Guaranteed by Navy Department, memo re awarding of new contracts to borrowers Guaranteed by Navy Department, memo from Navy Department re Guaranteed, extensions of maturities of, memo from War Department re, copy sent to FRBanks Guarantees, application form, item re control of stock added to Guarantees for Lend-Lease Administration, War Department procedure to be followed, copy sent FRBanks Guarantees by Maritime Commission for financing War Shipping Administration contracts, letter re and list of representatives authorized to execute requests for guarantees, copies sent to FRBanks Navy guarantees, memo re Liaison Officers furnishing information concerning necessity and ability of applicants for, to perform under Army contracts Guarantees, statements of necessity issued in connection with, memo from War Department Guarantees where performance and payment bonds are required, copy of memo from War Department sent to FRBanks http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/29 451 4/12 565 4/16 596 5/ 4 660 5/ 4 659 7/ 1 997 10/14 1509 5/26 787 5/26 787 5/26 788 9/11 1334 10/ 7 1479 4/20 612 5/ 1 654 5/17 725 5/26 788 9/ 8 1301 10/20 1534 55 Pages Circulars: (Continued) Board of Governors: (Continued) War loans: (Continued) Guarantees by Maritime Commission, Mr. J. G. Conkey authorized to execute certificates of Loans in distress, guaranteed by War Department, procedure to be followed, memo from War Department Maritime Commission, Mr. Cr. H. Nolte designated representative to execute certificates in Atlantic Region Publicity re, not to be given out by FRBanks until reby the Services ,i Sal Salary and dividend payments of borrowers to be scrutinized by FRBanks Smith, Edward B., U.S.N.R., appointment as Assistant Chief of Finance Section, advice of VT credit, policy re side credit to finance war production after provision of, memo from War Department 1%ar contract termination legislation", letter of Comptroller General to Senator Murray re, copy sent to FRBanks War Savings Bonds: Payroll deduction plan, reports on, instructions to FRBanks Series E, deposits from to be included in call reports in item "War loan account" PRBank of Philadelphia, directors, election or, circular to be sent to member banks in district PRBank of San Francisco, directors, election of, circular to be sent to member banks in district er liar Plants Corporation, authorization for making guaranteed loans, discussion of at meeting of Federal Advisory Council Idth Board Tree-)ury Department, 176, changes to be made in Civil ,Revision to be made as soon as possible .r_oervice Commission: 'Pio:fees of Board of Governors, removals, figures for last five years, letter re Retirement system of Board of Governors, alternative plan proposed, to be reQuired for new employees, discontinuance of Civil Service membership, opinion re requested Retirement system of FRBanks, revision of, reasons for Board employees continuing under, letter to Mrs. McMillin Clark , Letter re proposed amendment to, acknowledgement by Board ' Hugh H., letter from Board explaining necessity for Regulation \, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/21 1954 9/13 1337 6/25 947 12/29 2005 11/24 1737 o/ii. 1203 10/ 8 10 1484 7 1i179 12/31 2025 7/ 1 999 9/18 1369 11/ 1629 11/15 1687 3/17 402 4/ 2 /92 7/13 1047 7/10 1038 9/22 1395 10/12 1495 9/22 1397 56 Pages Clearing and collection: Absorption of exchange and collection charges by member banks, appointment of special committee to study problem recommended by Presidents' Conference Present status of problem outlined by Mr. Dreibelbis Statement of Mr. Hammond and memorandum of Mr. Dreibelbis on Prohibition of as violation of Regulation Q, discussed by Federal Advisory Council Federal Advisory Council may authorize committee to adopt resolution Violation of Regulation Q, letter explaining Board's ruling Letter in reply to Mr. Crowley re ruling on, copies sent to Messrs. Wagner, Steagall, Doughton, and Glass Ruling on, discussion of applicability to individual cases Enforcement of ruling under Regulation Q, no further action by Board Exaaination of bank to determine applicability to each case Statement for use in connection with in -luiries about, copy sent to FRBanks Resolution against adopted by nine banks in Omaha and Lincoln, Nebraska Letter explaining background of ruling in reply to Mr. Leonard A. Flansburg, copies sent to FRBanks and Comptroller of the Currency Board's ruling on, letter of explanation to Senator Pepper Clearing house action on discontinuance of, copies to be sent to FRBanks and Board Discussion of progress re since publication of Board's ruling, at meeting of Federal Advisory Council with Board Board's ruling on, telegram to FRBank of Atlanta answering two questions in connection with Letter to Senator Andrews explaining Board's ruling re Allocation of earnings of bank to trust department, not considered "payment" of interest, letter re from Colorado National Bank, Denver, Colorado Ruling on, question of Board's authority to make, letter to Senator Wagner re in connection with letters from Senator Bilbo and Mr. Sasser Ruling on, letters to Messrs. McKenzie and Norrell Restatement of Board's ruling on, position unchanged, copy of colloquy between Messrs. Patman, Crowley, Ransom, and Dreibelbis sent to FRBanks Views of Mr. Gilbert in reply to Citizens National Bank of Abilene, Texas, are in accordance with Board's position on Letter to President of the United States http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/26 1/26 141 142 03 578 5/24 767 5/24 770 8/ 6 1167 9/ 9 1307 9/20 1379 10/ 6 1473 10/13 1499 10/18 1522 10/27 1564 11/ 9 1654 11/11 1665 11/12 1673 11/15 1691 11/23 1725 11/23 1727 12/ 3 1806 12/13 1859 12/18 1937 12/29 1998 12/29 12/31 2004 2022 57 Pages Clearing and collection: (Continued) hbsorption of expense of specially printing check books at First National Bank of Ardsley, not a "payment 12/30 of interest" American National Bank of Jacksonville, Fla., Board's ruling on absorption of collection charges, letter to Senator Pepper concerning application to prac11/11 tice of Analysis of individual accounts, "Monthly Account Analysis" used by Scranton National Bank, not a viola12/ 9 tion of Regulation Q Charge for cashing of compensation and pension checks, not possible for Board to issue directive against, 9/16 letter to Mr. M. W. Rice Charges for cashing and collecting checks: Limitations in first paragraph of section 13 of FRAct not applicable to, copy of letter to Mr. Rice 9/18 sent to FRBanks ention of consideration by Board and general discussion 6/ 5 to be avoided at present , ae,tlor of legality and practical aspects of, views on re_1129 quested Subject under study by Board, conclusion to be reached as 7/29 soon as possible, letter to Senator Downey Checks, no collection charges made by FRBanks, letter to War 7/ 5 Department Checks drawn on Treasurer of U. S. and improperly indorsed, 3/ 6 committee suggested for consideration of Collection charges on out-of-town checks, applicability of paragraph 1, section 13 of FRAct, question to be referred to special committee consisting of Messrs. 5/12 Szymczak, Ransom, and Clayton Co llection of nonpar items, plan for handling suggested by 12/24 Messrs. McCravey and Woosley, letters re FRBank of New York, authority to execute and deliver checks for accounts of United States Commercial Company and Rubber Development Corporation in ac7/31 cordance with instructions of RFC, question of Governmcnt checks, reimbursement of Government for forged, need for limitation on, discussion at meeting of Fed11/15 eral Advisory Council with Board Interdistrict time schedules: Changes in, submission to Board before becoming effective, 7/17 unnecessary 6/ 3 FRBank of Atlanta, changes approved FaBank of Chicago, changes recommended will be approved if 3/31 agreeable to FRBanks of Atlanta and Kansas City 4/12 Changes approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2017 1665 1836 1357 1370 850 813 1128 1018 349 708 1970 1139 1687 1066 336 /182 565 58 Pages Cie . aring and collection: (Continued) Interdistrict time schedules: (Continued) FRBank of Dallas, changes approved FRBank of Kansas City, changes approved Changes approved FRBank of Minneapolis, changes approved FRBank of St. Louis, changes approved "ational Bank of Commerce of Lincoln, Nebraska, absorption of exchange charges by, violation of Regulation Q, letter to be sent to Comptroller Delano Absorption of exchange charges by, violation of Regulation Q, letter to Comptroller Delano Absorption of exchange charges, ruling on, letter from Comptroller of the Currency enclosing letter from attorneys of Par clearance, nationwide, favored by Board, final determination one for appropriate legislative bodies, letter to Bank of Forest, Miss. Attitude of Board toward Letter to Mr. Davis, requesting that he advise Mr. Woosley of Board's views re unch card checks drawn by disbursing officers of Navy, to proceed with program and revision of circular 176 to be made Handling of, advice that Board has received copies of letter re from Yr. Day, President of FRBank of San Francisco Puncl„ u-oard check operations to be handled by FRBanks until revision of Treasury Circular No. 176 Service charges, letter to Patchogue Citizens Bank and Trust Company, Patchogue, New York Service fees on out-of-town checks, legality and practical aspects, letter sent to Senator O'Daniel and others Cleariag house associations: Ab sorption of exchange and collection charges, action on discontinuance of, copies re to be sent to FRBanks and Board E xamination reports, availability to, copy of letter sent to FRBanks New York Clearing House Association, examination reports of 00cles: State member banks, not available to PRnotes, securing by pledges of participations in direct obligations of U. S. in System open market account, adoption of code for http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/26 4/23 6/29 4/28 5/31 788 620 980 635 820 8/ 6 1169 8/23 1233 10/11 1489 7/10 1040 12/24 1970 12/24 1973 3/17 402 3/31 482 4/2 492 12/30 2018 5/29 814 11/12 1673 10/ 6 1467 11/23 1729 9/ 4 1287 59 Pages C°1/18, minor: Critical situation, request for excess pennies to be sent in, letter to Honorable Nellie Tayloe Ross re cue, Ch arles W., Washington representative for Giannini interests, Transamerica Corporation, Mr. McKee to confer with re program for C°1°mbia, study of central banking, completion of, to be published in FRBulletin Combined Chiefs of Staff, letter of gratitude to Board for use of building Commercial banks: Manpower problem, discussion but no action in matter by Board at present --LI-ssioner of Internal Revenue: Fees paid to directors for attending meetings as salaries to employees Salaries at FRBanks, procedure for increasing maximum salaries in personnel classification plan discussed with Victory Fund Committee, salaries of directive and clerical personnel not subject to approval of e°111mittees: Agency on Deferment of Government Employees, key positions, list not to be submitted at present, request for deferment to be submitted instead American Bankers Association, war savings bonds, charge for redemption of, to be discussed with Treasury by As sociation of Reserve City Bankers, committee appointed composed of Messrs. Lichtenstein, Riddle, and Nadler, to work with FRSystem on survey of ownership of deposits Bank holding company legislation, committee composed of Messrs Eccles and McKee, authorized to complete bill and arrange for introduction in Congress Bureau of the Budget: Inter-agency committee, establishment of, Mr. Woodlief Thomas to represent Board Ch Conference, executive committee to meet in Washington on March 3 c Meeting in Washington on October 1, 1943 °11eetion charges on out-of-town checks, applicability of paragraph 1, section 13 of FRAct, question to be referred to special committee consisting of Messrs. Szymczak, Ransom, and Clayton 0• ommittee for Economic Development, cooperation with, discussion of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/12 1676 4/ 6 505 12/16 1923 5/25 771 6/4 839 2/ 5 190 1/13 68 3/19 408 4/ 9 544 10/ 6 1470 5/25 776 11/29 1780 12/18 1945 2/26 309 10/ 4 1456 5/12 708 11/ 2 1605 60 Pages Comd ttees: (Continued) Comittee on Miscellaneous Operations of Presidents' Confer12/18 1940 ence, report on currency shortages Conference Coittee on Insurance, plan submitted by, discus11/ 2 1604 sion of, no action taken on consultative Committee of OPM, Francis A. Bonner appointed to 7/26 1105 succeed Frank B. Hubachek as alternate Currency hoarding, reorganization of, reports of FRBanks, ques3/17 402 tion of continuing Deferment of Board employees, appointed by Board and consisting 370 3/15 of Messrs. Leonard, Clayton, and Morrill 3/16 Power to act on case of Paul Simpson, junior economist 381 To request deferment of Kenneth Williams, Senior Economist 4/20 610 in Division of Research and Statistics ID Appointment of Messrs. Smead and Vest as alternates 9/15 1350 eferment of Federal employees, letter to Mr. Robert M. 1/22 109 Barnett on problems of Board and FRBanks proand on policy Appointed by President of U. S., report 367 3/15 cedure submitted to President , To make requests for deferment, required by Executive Order 3/15 368 De development, economic for of Commerce, committee taxes and post-war adjustment of industry, 5/24 765 considered by D irectors of FRBank of Cleveland, special committee appointed to discuss official personnel at Bank, meting 2/22 279 with Board Employees of Board: Annual report, to be considered by Board's Personnel Committee 398 3/17 5/ 8 685 Retirement system, proposed plan to be discussed with With Personnel Committee of Board, statement prepared for 9/10 1320 presentation at meting Essential Activities of War Manpower Commission: FRBanks, essential activities, question of classification, 5/12 700 to be discussed Federal Advisory Council: F Executive committee: (See Federal Advisory Council) ederal Open Market: Election of representative, amendment to bylaws of FRBank 1/ 2 11 of Chicago on Executive Committee: 2/26 309 Draper, Ernest G., nominated as alternate Eccles 2/26 308 Evans, R. M., nominated to serve with Chairman 2 / 2 6 308 McKee, John, nominated as first alternate Eccles 2 / 2 6 308 Chairman with Ransom, Ronald, nominated to serve 2/26 309 Szymczak, M. S., nominated as alternate 6/29 977 and 7 6 September for Meeting, tentative date set http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 61 Pages Commit+ vees: (Continued) Federal Open Market: (Continued) Next meeting to be held in Washington on October 18, to be followed by meeting of FRBank economists Policy record, drafts of entries sent to representative members Draft of entries submitted and approved FR-ank IA. of Cleveland: Directors Brainard, Klages, Millsop, and McDowell to meet with Board on February 22 to discuss official personnel at Bank Fiseni --, Agency Operations, payment of expenses in fourth war loan drive referred to, meeting with Treasury to be held on December 29 Ouse of Representatives: Banking and Currency Committee: Absorption of exchange and collection charges, violation of Regulation Q, letter to Congressman Steagall explaining ruling Board's ruling on, being considered by FRAct, section 16, direct obligations as collateral security for FRnotes, and repeal of section requiring return of notes to bank of issue, letters to be presented by Chairman Eccles Revised letters sent to Mr. Steagall Revised letters to request two-year extension of authority for Hearings on Regulation Q, colloquy between Messrs. Patman, Crowley, Ransom and Dreibelbis Members to have discussion with Chairman Eccles re bill on assessments and reserves on deposits in war loan accounts Revised form of chartbook on banking available to Post Office and Post Roads: H. R. 2001, payment of postage by executive branch of Government, favored by Board if judicial and legislative branches are also included Special Committee to Investigate Executive Agencies, letter to Mr. Ford re Board's policy concerning branch banking and Transamerica interests Ways and Means: Deposit accounts, study by Securities and Exchange Commission, to be made at request of Inflation, Securities and Exchange Commission requested to make study of Survey of bank deposits, advice to Securities and Exchange Commission that not requested by mProper indorsement on checks drawn on Treasurer of U. S., consisting of representatives of FRSystem, Treasury and Comptroller General of U. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 3 1275 1/28 3/12 155 366 2/11 218 12/24 1970 8/ 6 1167 12/31 2024 3/30 4/26 455 624 4/26 625 12/29 1998 3/16 383 4/8 541 4/6 525 12/16 1922 9/20 1383 9/20 1383 10/ 6 1469 3/6 349 62 Pages elpTallattees: (Continued) Industrial Advisory: FRBank of Atlanta: French, W. W., reappointment approved and advice of position occupied to be supplied Lockett, Andrew M., reappointment approved and advice of position occupied to be supplied Milner, I. C., reappointment approved and advice of position occupied to be supplied Sanford, John E., reappointment approved and advice of position occupied to be supplied Winship, George, reappointment approved and advice of position occupied to be supplied FRBank of Boston: Carter, Winthrop L., reappointment approved Dennett, Carl P., reappointment approved Draper, Paul A., reappointment approved Graham, Edward M., reappointment approved Thompson, Ralph E., reappointment approved FRBank of Chicago: Epstein, Max, reappointment approved Harnischfeger, Walter, reappointment approved Kennelly, Martin H., reappointment approved Kerwin, Edward M., reappointment approved Moxley, G. Barrett, reappointment approved FRBank of Cleveland: Hood, C. F., reappointment approved Ladds, H. P., reappointment approved Neff, H. R., reappointment approved Swander, D. C., reappointment approved Withington, W. W., reappointment approved FRBank of Dallas: Hamon, Jake L., reappointment approved Moore, Charles R., reappointment approved Moore, Ira T. reappointment approved Pollock, Lawrence S., reappointment approved Simmons, E. P., reappointment approved FRBank of Kansas City: Forrester, D. Bruce, reappointment of Gray, R. L., reappointment of McNally, Thomas, reappointment of Miller, Ed S., reappointment of Thompson, Mason L., reappointment of FRBank of Minneapolis: Bush, John M., reappointment approved Follett, C. 0., reappointment approved Miller, Albert L., reappointment approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/18 92 1/18 92 1/18 92 1/18 92 1/18 92 1/16 1/16 1/16 1/16 1/16 87 87 87 87 87 1/16 1/16 1/16 1/16 1/16 88 88 88 88 88 2/3 2/3 2/3 2/3 2/3 180 180 180 180 180 2/18 2/18 2/18 2/18 2/18 267 267 267 267 267 1/23 1/23 1/23 1/23 1/23 117 117 117 117 117 3/16 3/16 3/16 388 388 388 63 Pages C°11aittees: (Continued) Industrial Advisory: (Continued) FRBank of Minneapolis: (Continued) Wood, Sheldon V., reappointment approved FRBank of New York: Nelson, Arthur G., reappointment of Noble, Edward J., reappointment of Pouch, William H., reappointment of Reynolds, Francis B., reappointment of Vacancy not to be filled at present FRBank of Philadelphia: McDade, John T., reappointment approved Mechling, B. F., reappointment approved Powlison, Keith, reappointment approved Schultz, Daniel H., reappointment approved Skinner, James M., reappointment approved FRBank of Richmond: Dennis, Overton D., reappointment approved Gorman, Douglas, reappointment approved Holtzclaw, J. G., reappointment approved Manning, William L., reappointment approved Stuart, Walker D., reappointment approved FRBank of St. Louis: Embry, Foster H., resignation, appointment of G. A. Heuser to succeed Finch, M. E., reappointment approved Heuser, G. A., appointment approved for unexpired term of Foster H. Embry Norris, William K., reappointment approved VanDyke, Jacob, reappointment approved Weil, Maurice, reappointment approved FRBank of San Francisco: Baker, Wakefield, reappointment approved Crandall, Shannon, reappointment approved Hayes, Edmund, reappointment approved Nichols, Henry D., reappointment approved Starr, Walter A., reappointment approved In surance Committee of FRBanks: (See infra Presidents' Conference) illterdepartmental Committee on Employee Investigations, Department of Justice: Boehner, William Francis, report on Executive Order 9300, applicability to employees of FRBanks, advice requested, in connection with report on Miss Spilman of Seattle Branch F. B. I. report on employee of Seattle Branch, former member of Young Communist League, staff authorized to discuss with Department of Justice http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/16 388 2/13 2/13 233 233 233 233 233 2/13 2/13 2/13 2/23 2/23 2/23 2/23 2/23 2/20 2/20 292 292 292 292 292 276 2/20 2/20 2/20 276 276 276 276 3/10 2/6 356 194 3/10 2/6 2/6 2/6 356 194 194 194 2/13 2/13 2/13 2/13 2/13 234 234 234 234 234 8/ 2 1143 11/26 1749 11/16 1701 64 Pages Committees: (Continued) Interdepartmental War Savings Bond: Complimentary tickets for Treasury War Bond show sent to 9/ 9 Board's organization by Joint Committee on Salaries and Wages: Baltimore Branch, increase in annual salary of J. R. Cupit, 10/ 4 Cashier J. H. Mr. of salary Birmingham Branch, increase in annual 10/22 Urquhart, Cashier apsalaries Buffalo Branch, increases in maximum annual 4/9 proved Cincinnati Branch, increases in maximum annual salaries ap8/30 proved Data to be furnished in connection with proposed increases 1/26 to FRBanks apsalaries annual maximum Detroit Branch, increases in 7/26 proved 8/30 approved Manager for salary Increase in maximum annual FRBank of Atlanta and four branches, increases in maximum 3/27 annual salaries approved FRBank of Chicago: 3/12 Salaries of officers approved in positions for salaries annual Increases in maximum 7/28 cafeteria approved 8/10 President to Secretary of Establishment of position FRBank of Cleveland: 3/12 Personnel classification plan, changes approved in positions for salaries annual Increase in maximum 11/ 3 Check Department approved FRBank of Kansas City: 4/ 5 Increase in maximum annual salaries approved AsJr., Phillips, John of salary annual in Increase 10/ 4 sistant Vice President FRBank of Minneapolis, changes in maximum annual salaries 8/30 approved apsalaries FRBank of New York, increases in maximum annual 4/ 9 proved FRBank of Philadelphia: 2/27 Increase in maximum annual salaries approved Assistant Increase in salary of William G. McCreedy, 10/ 4 Vice President FRBank of San Francisco: 11/ 5 Increases in annual salaries of five officers 12/ 9 Increases in maximum annual salaries 12/27 Assistant Increase in maximum salary for Legal T. Mr. of salary Jacksonville Branch, increase in annual 10/22 A. Lanford, Cashier Memphis Branch: Increase in maximum annual salary approved, certificate 3/24 re http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1311 1459 1544 545 1256 134 1104 1257 /142 365 1118 1183 364 1624 500 1460 1258 545 315 1458 1643 1834 1980 1544 425 65 Pages Comnittees: (Continued) Joint Committee on Salaries and Wages: (Continued) Memphis Branch: (Continued) Increase in annual salary of Mr. C. E. Martin, Assistant Cashier New Orleans Branch, increases in maximum annual salaries for two positions Pittsburgh Branch, increases in maximum annual salaries approved 4ational Association of State Bank Supervisors, executive committee, lowering of maximum interest rates on time and savings deposits Mational Bureau of Economic Research, committee appointed by, composed of Messrs. Carson, Thompson, and Woodward to work on survey of ownership of deposits Pennsylvania War Finance, request for space in FRBank of Philadelphia denied Personnel Committee of Board of Governors: Annual report of Employees Committee, action to be taken upon return of Messrs. Eccles and Draper Files re Messrs. Gerschenkron, Foa, and Mendershausen, referred to for further consideration on employment of noncitizens Functions, transfer to Mr. Szymczak of matters re recommendations for appointments at FRBanks requiring action by the Board except Presidents and First Vice Presidents Members: Draper, Ernest G., appointed for 1943 Szymczak, M. S., appointed for 1943 Membership and duties, changes suggested, action deferred until meeting of full Board Problems of FRBanks, suggestion of Mr. Szymczak for transfer of matters to Decision to be left to Chairman Eccles Statement prepared to be presented at meeting with Employees Committee p0 0st-War Foreign Economic Policy, Mr. Eccles invited to become member and attend first meeting P• resident's Committee on Fair Employment Practice, report on negro employment for Board Presidents' Conference: Absorption of exchange and collection charges by member banks, appointment of special committee recommended Appointment of associate members of Board or its staff on, discussion of question http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/19 1531 7/26 1103 8/30 1256 4/13 574 5/25 776 7/23 1089 3/17 398 11/24 1735 7/19 1069 2/26 2/26 309 6/4 839 309 6/8 864 7/ 2 1001 9/10 1320 4/6 517 12/10 1843 1/26 141 12/15 1909 66 Pages Cormdttees: (Continued) Presidents' Conference: (Continued) Committee on Operations: Currency shipments, shortage in, letters referred to Mr. Leach, Chairman of FRBanks as essential industry, further action urged to secure classification of Fiscal Agency Operations, to discuss proposed changes in fiscal agency procedure with Treasury Foreign accounts: Legal Subcommittee, Regulation N and letter (X-9774), revised draft to be discussed with Meeting of Legal Subcommittee suggested, but present not proper time for, advice of Mr. Dreibelbis and decision not to attend Regulation N, revisions of, Legal Subcommittee to submit comments to Insurance: Extension of agreement, memo of Mr. Dreibelbis to be made available to Proposed plan for sharing of losses, memo of Mr. Szymczak and copy of opinion of Board's Counsel Purchased insurance, plan for substitution of losssharing agreement, policy to be agreed upon at next Presidents' Conference Report on self-insurance agreement of FRBanks, to be submitted to Presidents' Conference at October meeting in New York Self-insurance agreement, report on expansion of, to be ready at next meeting of Presidents' Conference Smead, E. L., designated as Board's representatives on Statement of Mr. Leach that permanent committee would be appointed and study of problem expedited To be appointed pursuant to self-insurance agreement Loans under Regulation V: (See infra Regulation V) Miscellaneous Operations: Currency shipment, shortage in, uniform practice of FRBanks to be worked out by °Perating officers to assist in preparing lists of key positions suggested Operations: Self-insurance agreement as revised and agreed upon, letter to Mr. Leach Personnel selection and training, appointment of small committee to consider salary procedure with members of Board and staff Meeting with representatives of War Labor Board and Commissioner of Internal Revenue on certification procedure for adjustments in wages and salaries at FRBanks http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/21 1229 3/2 332 1/26 143 4/6 514 9/25 1422 9/25 1421 6/24 925 12/14 1870 9/25 1429 9/10 1315 6/29 2/19 960 274 1/26 2/19 131 273 5/5 667 3/2 335 2/19 273 1/26 135 2/9 204 67 Pages tees: (Continued) Presidents' Conference: (Continued) Quotas for nonbank drives, committee appointed to study Regulation V: Creation of special committee recommended McKee, John K., designated to serve with committee to study loans under, letter to Mr. Day Subcommittee consisting of five officers of FRBanks appointed to confer with representatives of the services Research and Statistics: Budget Bureau approval numbers on FRBank forms, use considered by Report on assignment of approval numbers on FRBank forms by Bureau of the Budget Evans, R. M., designation suggested to act in liaison capacity with subcommittee on survey of ownership of deof Report posits Report approved Request that member of Board be associated with Statement of Mr. Sproul on appointment of Retirement System, appointed to review operation of, letter to Mr. Fleming on changes in organization of Changes in, action deferred Subcommittee, retirement system plans, Mr. Hays to be advised of opinion of Board re changes in by Mr. Smead Plan for FRBanks, committee consisting of Messrs. Fleming, Sproul, and Williams to discuss with Board Proposed changes in retirement system, to be discussed with Board by Messrs. Fleming, Sproul, and Hays present at Board meeting for discussion of Board's letter re Revised list submitted to Board, referred to Chairman Eccles for action re assignment of members of Board and staff as associates of Special committee on lending under Regulation V, to meet in Washington on September 6, 1943 Special Committee on Simplification of Functional Expense Report, Form E: Form E to be submitted annually hereafter instead of semi-annually Subcommittee appointed to study aspects of lending under Regulation V, Mr. Smead appointed to represent Board on Subcommittee on research and statistics, request that director of Board's Division of Research and Statistics be associated with http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/15 240 1/26 141 2/24 297 6/29 957 1/14 80 1/26 136 3/2 331 2/26 3/25 1/26 3/ 2 309 429 138 329 2/6 3/2 196 6/8 860 6/29 956 332 7/30 1131 8/11 1187 11/16 1702 9/ 3 1275 6/15 892 4/ 7 536 1/26 138 68 Pages e°11mli1,tees: (Continued) Presidents' Conference: (Continued) War Loans, to consider cancellation of contracts at end 5/24 of war and other phases Regulation V: (See infra War Loans) Research activities, need for, discussion of and letter from 12/15 . Williams re • Retirement SystelmIT 10/19 Executive, members elected Report No. 6 drafted, modification of No. 5, principal 6/8 points of difference Special committee appointed for, opportunity for coming 7/23 to Washington to discuss matters if desirable Review Committee of War Manpower Commission: 5/12 anks, not Government agencies in opinion of SenaZ Banking and Currency Committee: Absorption of exchange and collection charges, violation of Regulation Q, letter to Senator Wagner 8/ 6 explaining ruling FRAct, section 16, direct obligations as collateral security for FRnotes, and repeal of section requiring return of notes to bank of issue, letters to be presented by Chairman Eccles 3/30 4/26 Revised letters sent to Senator Wagner Revised letters to request two-year extension of 4/26 authority for 4/8 to Revised form of chartbook on banking available S. 658, to repeal section of FRAct on issuance of 2/20 FRbank notes, letter to Senator Wagner on S. 914, Regional Agricultural Credit Corporation, dissolution favored by Board, statement of Chair4/6 man Eccles in letter to Mr. Wagner by offices branch of establishment restrict S. 985, to financial institutions, routine request for re5/6 port on from Chairman S. 986, elimination of FDIC assessments by insured banks on deposits secured by obligations of U. S., routine request for report on, not to be submitted at present but progress of bill 5/12 to be noted for future report if necessary Small Business, meeting with Messrs. McKee, Smead, and Vest, memo to be circulated among members of 3/17 Board Letter from Senator Mead on suggested legislation to 5/12 provide intermediate and long-term credit Legislation to provide credit for small business loans, letter to Chairman Mead of subcommittee, plans not favored by Board 5/19 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 764 1912 1525 858 1094 700 1167 455 624 625 541 277 524 672 705 397 707 739 Commi ttees: (Continued) Social security program, representatives of insurance companies, study being made of Special committee of American Bankers Association, formula re investments in fourth war loan drive, submitted by Special committee on Long-Term International Investment, Mr. Eccles invited to become member of, letter suggesting service of Mr. Hansen in his place standing committee on examinations, reports, rating system, recommendations submitted by State War Finance, sale of securities to insurance companies during September drive, to be handled by SYstem subcommittee on survey of ownership of bank deposits consisting of Messrs. Thomas, Roelse, Sienkiewicz and Langum, to be continued Treasury, recommendation that banks be permitted to pay savings bonds for cash and charge fee IL S. Treasury War Finance, to be set up in each FRDistrict with President of FRBanks as chairmen Vietory Fund: Discontinued, authority of FRBanks to pay expenses re, obsolete Drive for nonbank funds, report of Mr. Eccles on meeting with committee Meeting of representatives with Secretary of Treasury on organization for next Treasury financing drive Salaries of directive and clerical personnel not subject to approval of Commissioner of Internal Revenue Salaries of employees, telegram to FRBank of Richmond on increases and copies sent to all FRBanks Salary adjustments of directive personnel to be taken up with Mr. Buffington War Finance, expenses incurred by State chairmen during fourth war loan drive, letter from Mr. Bell re War loans: Mr. Williams, Chairman of Committee on Research and Statistics, to be associated with in work on postwar conversion of war loans Regulation V, guarantee agreement revision agreed on by representatives of armed services and Maritime Commission, to be printed and distributed by Board, recommendation of, approved Salary and dividend payments of borrowers on loans guaranteed by Maritime Commission, present procedure deemed adequate, letter to Admiral Land Subcommittee on post-war conversion of war loans, Mr. Oor, Goldenweiser to be associated with -410d1-tie s: Creri-t, possibility of handling by Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 69 Pages 4/7 526 12/ 7 1816 7/ 8 1026 3/17 395 8/25 1241 5/25 777 10/22 1540 2/26 303 7/23 1090 2/15 239 2/26 303 3/19 408 2/8 199 2/27 316 12/24 1968 6/29 959 4/6 506 11/12 1673 6/29 959 4/29 637 70 Pages • C Qumodlty Credit Corporation: Btu to continue as agency of United States, report on S. 1108 not to be made at present Cotton form A-1942, loans executed on, applicability to loans to executive officers of member banks Loans to executive officers of member banks, applicability of section 22(g) of FRAct to Sight drafts, issued in making dairy feed payments, need for more convenient form CormA4 1-ty exchanges: StudY for chapter on money and banking in Military Government Handbook to be undertaken by Board C(311Ptroller General of the United States: Checks drawn on Treasurer of the United States, improper indorsement of, letter from Chairman Eccles D De • • involving provisions of Assignment of Claims Act of 1940 dealing with notice of assignment to surety tdr contract termination legislation", letter to Senator Murray, copy sent to FRBanks e°mPtrou er of the Currency: 'sorption of exchange and collection charges, statement to be used in replying to inquiries, copy sent to Resolution against adopted by nine banks in Omaha and Lincoln, Nebraska Ruling on, letter explaining background of in reply to Mr. Leonard A. Flansburg, copies sent to FRBanks and Comptroller Telegram to FRBank of Atlanta answering two questions in connection with Absorp tion of expense of specially printing check books at First National Bank of Ardsley, New York, not a payment of interest, copy of letter sent to Atiacostia Bank, Washington, D. C., request for advice as to capital limitation in connection with application for membership Bank groups, list of sent for confidential use, statistics re group banking to be published in July issue of FRBulletin Bonds of Charity Hospital of New Orleans and Louisiana State University, eligibility for exemption as obligations of political subdivisions under revised statutes CoMMercial National Bank of Kinston, annual trust license fee by Commissioner of Banks of North Carolina, matter referred to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/25 776 1/2 10 10/ 1 1449 11/26 1752 2/L 187 3/6 30 1/9 52 10/ 7 1479 10/18 1522 10/27 1564 11/ 9 1654 11/23 1725 12/30 2017 1/20 99 7/14 105L 2/10 210 6/5 848 71 Pages comlotroller of the Currency: (Continued) Condition reports of national banks: Call as of July 2 Call as of October 18 Desire to make only three calls during year l'astman, Dillon & Co., applicability of sec. 32 of Banking Act of 1933, Messrs. Agnew and Fayerweather not to be employees of and directors of Paterson National Bank, Paterson, New Jersey Examination reports, request for opinion on making available to New York Clearing House Examination reports of State member banks, not available to New York Clearing House Association Issue and Redemption Division: FRnotes: Redemption, count for upper and lower halves of notes sent in for, letter re Statement of sorting errors, overs and shorts in shipments received during September, and list for destruction, sent to FRBanks National Bank of Commerce of Lincoln, Nebraska, absorption of exchange charges by, constitutes payment of interest on demand deposits and is violation of Regulation Q, letter to be sent to Mr. Delano Proposed letter to Mr. Delano .Letter written by attorneys for aatlonal Bank of Commerce in New Orleans, La., acceptance of drafts or bills of exchange, letter advising of approval Re gulation V, guarantee agreement, revised form of ()Pinion on to be published in FRBulletin of April or May New draft of revised form to be sent to for opinion Copy of revised form submitted to, for approval Revised form of, compliance with term "unconditional", letter from sa Advice requested on compliance with term "unconditional" viags bonds, carrying of Series G at par, representatives to confer with Board and FDIC eorva • tOfl of banks: tlret National Bank of Dixon, Calif., unsatisfactory condition to be discussed with offices of FDIC and Comptroller of the Currency e°114it' 4„.lon reports: filiates: Arkansas: Arkansas Radio and Equipment Company, Little Rock, not Ark., Exchange Bank and Trust Company, El Dorado, required to publish http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/ 2 1007 10/20 1533 2/16 255 10/23 1547 9/15 1353 11/23 1729 11/10 1660 11/10 1661 8/ 6 1169 8/23 1233 10/11 1489 11/ 1 1591 3/16 389 3/19 414 4/3 496 4/6 507 4/8 541 8/26 1246 12/28 1986 5/ 7 681 2/1 174 72 Pages C°114ition reports: (Continued) Assets in relation to liabilities and capital accounts, revision to include this and other changes suggested Call reports: (See infra State member banks) Commercial Security Bank of Ogden, Utah, republication of report of American Investment Corporation, affiliate, not necessary but to be published at time of next call Demand deposits of individuals, partnerships, and corporations, summary figures to be furnished after each call D eposits representing sale of War Savings Bonds, should be included in item wViar loan account" First Trust and Savings Bank, Pasadena, California, affiliate of Transamerica Corporation, extension of time for filing report Extension of time for filing Extension of time for filing affiliate reports, made permanent Fo , P.R. 105, revision approved neights State Bank, Houston, Texas, call report, no objection if not published HT -'°ans to Brokers and Dealers in Securities", weekly report ' showing separately loans on Government securities and other loans by FRBank of New York approved by Board Na+. ulonal banks: Call made as of December 31, 1942 Call as of July 2 Pall call to be made, advice of Comptroller of the Currency 4 Call as of October 18 °rthwest Bancorporation, Minneapolis, Minnesota, permanent extension of time for submission of reports Por.4 uland Trust and Savings Bank, Portland, Oregon, republication not required, instructions for future call reports Sta+ .e member banks: Abstract of condition of, forwarding of copy to be discontinued for spring and fall calls Call: Made as of December 31, 1942 To be omitted in spring and only three to be made for year, advice to Comptroller of the Currency of agreement with policy Spring call not to be made Forms and instructions for next call forwarded Call as of July 2 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/16 385 4/ 1 486 1/2 11 7/1 999 1/21 7/21 104 1078 11/ 9 1653 8/21 1230 10/22 1545 3/31 483 13 1/4 7/ 2 1007 9/21 1392 10/20 1533 10/29 1574 12/ 8 1830 10/28 1571 1/4 13 2/16 255 3/6 348 6/16 897 7/ 2 1007 73 Pages Coll • clition reports: (Continued) State member banks: (Continued) Call: (Continued) Fall, forms and instructions transmitted to FRBanks Fall call to be made for figures in October, telegram to FRBanks Call as of October 18 Drafts of proposed forms, copies sent to Bureau of the Budget, advice as to approval number requested Forms and instructions for next call, to be sent to FRBanks Ohio, adjustments because of acceptance of published statements which include hypothecated deposits, no objection to Transamerica Corporation, national bank subsidiaries of, extension of time for filing report Utah savin _s 6 & Trust Company, Salt Lake City, Utah, granted extension of time for filing affiliate reports War loan deposits, separation from other deposits in statements, suggested by Mr. McKee Wee1,1 reporting member banks, F.R. 416, revision, copy sent to FRBanks Request of Treasury for separate report on loans to brokers for purchasing or carrying Government securities e°11ferences: 8/21 1230 9/21 1392 10/20 1533 11/13 1684 11/13 1685 8/18 1211 7/21 1078 7/28 1120 1/6 38 5/21 748 10/22 1539 Chairmen: Bylaws, statement to be prepared in nature of, relating to meetings, organization, and procedure Decentralization of FRBank activities, letter to Mr. Grady on discussion of Dinner to be given on November 8, payment of cost approved Executive committee: Chairmen and directors of FRBanks and directors of FRBranch banks, duties, responsibilities, and relationship to Board, statement re to be prepared by Board Statement subject to approval by Meeting in Washington on October 1, 1943 Payment of charge for rental of hotel room for meeting on November 7 approved Indebtedness of officers and employees of FRBanks, action of Board on resolution as to procedure for reporting Meeting in spring to be omitted Meeting, November, advice that Board has no objection to Meeting to be held on November 8, agenda for Letter to Mr. Schultz re participation in Discussion of agenda for http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/25 121 17 1/4 10/ 4 1457 6/5 845 7/ 6 1019 10/ 4 1456 11/12 1676 1/2 11 2/26 309 8/31 1261 10/ 4 1456 10/19 1532 11/ 2 1603 74 Pages Conferences: (Continued) Chairmen: (Continued) Meeting to be held on November 9, if desired, Mr. Carpenter to advise Mr. Brainard of Meetings of, statement in nature of bylaws prepared for consideration Organization of, statement on selection of officers and committees prepared for consideration of Questions discussed at, letter from Mr. Klages on Resolutions adopted by, reply to letter from FRBank of St. Louis on action including expense of providing services justified in public interest Action of directors of FRBank of Kansas City on, and letter to FRBanks with summaries of replies Letter to Mr. Caldwell of FRBank of Kansas City re Indebtedness reports procedure, advice requested for further actions on by FRBank of St. Louis Letter to Mr. Cozzo on actions taken on Letter to FRBank of Atlanta on action of directors Stenographic record to be made of meeting on November 8, payment of cost approved Subjects discussed at meeting, letter to Mr. Grady discussing especially further decentralization of FRBank activities System policy matters, submitted to board of directors, procedure re by Board, suggestion of Conference to be carried out Topics for discussion, statement in nature of bylaws covering organization, meetings and procedure Dtrectors of FRBanks and Branches, suggested by Mr. Brainard, undesirable at present time conomists of FRBanks, to be held in Washington following meeting of Federal Open Market Committee 44.miners, Standing Committee, examinations, reports, and rating system to be studied by Pis , ca_l_ agency: Advice that Mr. Kennedy will attend Branch banks, fiscal agency transactions, discussion of, estimate of stock requirements of market issues requested of FRBanks Cashing of savings bonds by banks, recommended Irv. Meeting to be held October 18-23, Board representatives to Off?ational Food, Hot Springs, Va., report on by Mr. Evans lcers in charge of branches of FRBanks, meeting in Chicago suggested by Mr. Leland Presidents,. Committee on Currency Hoarding, reorganization of, reports of FRBanks, question of continuing http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/ 2 1603 1/25 121 1/25 1/20 121 100 2/16 259 3/ 4 3/17 341 401 3/19 3/19 3/26 408 409 436 10/ 4 1457 1/ 4 17 12/ 8 1831 1/25 121 8/31 1261 9/ 3 1275 3/17 395 10/12 1496 11/ 1 1592 10/22 1540 10/ 5 1463 6/8 861 7/ 2 1001 3/17 402 75 Pages Cc`riferences: (Continued) Presidents': (Continued) Committee for Economic Development, cooperation with discussed Committees, revised list submitted to Board, referred to Chairman Eccles for action re assignment of members of Board and staff as associates of Committees and subcommittees, appointment of associate members of Board or its staff on, discussion of question Costs of handling uncurrent issues of Government securities and depositary functions, discussion re Currency shortages, policy re for Navy Department approved by Board and by Conference Dismissal wages and separation allowances, policy re, suggestions requested in letter to Mr. Day Efficiency expert, suggestion that operating research officer work out of Board's offices with FRBanks PRBanks as essential war industries, report of discussion Question to be discussed at next meeting rlscal agency operations, suggestion that Treasury make changes in procedure with respect to Foreign relationships with FRBanks, statement of procedure re, questions to be submitted to, discussed by Board Fourth war loan drive, expenses re, referred to Committee on Fiscal Agency Operations Functional expense report forms, discussion of simplification of Insurance agreement, problems in connection with, discussed with Presidents and reserves to be set up out of earnings in 1943 Insurance, purchased, plan for substitution of loss-sharing agreement, policy to be agreed upon at next Presidents' Conference Plan submitted by Committee on Insurance, no action at present LOans under Regulation S, Industrial loans by FRBanks, and Regulation V, War Financing, action taken by Matters acted upon at, consideration by Board Meeting with Board of Governors Meeting in Philadelphia on January 22-24, actions discussed at meeting with Board Meeting with Board of Governors Meeting with Board of Governors Meeting at Chicago, statement to Board by Mr. Day re actions on matters to be discussed at meeting with Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/ 2 1605 11/16 1702 12/15 1909 6/29 961 12/18 1940 12/11 1855 1/26 3/2 5/12 139 332 702 1/26 141 6/15 888 12/24 1970 11/ 2 1604 1/26 129 9/25 1429 11/ 2 1604 6/29 956 11/ 2 1604 1/26 124 1/26 3/2 129 6/29 333 953 6/29 954 76 Pages Conferences: (Continued) Pr esidents': (Continued) Meeting, invited to hold in Atlanta Meeting, next regular to be held in New York Meeting with Board, tentative date set for September 6 and 7, 1943 Meeting with Board to be held in latter part of October Meeting held in New York on October 15 and 16 Meeting with Board of Governors Meetings, outside of Washington, objections to Ownership of bank deposits, report of discussion of survey Quotas for April financing drive, report of discussion of Recommendations: Absorption of exchange and collection charges by member banks, appointment of special committee to study problem Committee to study aspects of loans under Regulation V, creation of State legislation in connection with matters affecting banking under war conditions Registration statements of small loan companies filed with FRBank, request of Antitrust Division of Department of Justice for access to, discussed Regulation N, Relations with Foreign Banks and Bankers, proposed revision and statement of procedure, no need for change, in opinion of Revisions of, to be placed on agenda for next Discussion of, to be considered further Revision discussed Regulation Q, Payment of Interest on Deposits, amendment to permit redemption of certificates of deposit before maturity for purchase of Government securities, no action taken on Regulations T and U, margin requirements, no increase needed at present, consensus of RegulationW, revision of, question to be discussed at next Relationship of FRBanks with the Board and other Government agencies, need for further clarification by Board indicated Retirement System, report of action to revise, with view to liberalization of Changes to provide increased benefits discussed and special meeting to be called Final action to be taken at next meeting, desire of Board Mr. Smead to state Board's position as agreed upon on June 8 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/29 6/29 973 973 6/29 9/10 10/19 10/19 12/15 3/ 2 3/ 2 977 1316 1525 1524 1913 333 333 1/26 141 1/26 141 1/26 141 1/26 124 965 6/29 9/25 1421 10/19 1528 11/ 2 1605 6/29 963 6/29 962 10/ 7 1480 6/29 968 1/26 132 3/ 2 332 6/ 8 860 6/15 888 77 Pages Conferences: (Continued) Pr esidents: (Continued) Retirement System: (Continued) Report No. 6 adopted by, change in basis for determining benefits, to be submitted to Board Proposed changes in, letter to Mr. Day re Board's position Changes approved, and election of officers of board of trustees and members of executive committee Presidents' Conference Plan and Board's Plan, discussion of, approval by Presidents' Conference Safekeeping facilities for Government securities owned by States, individual FRBanks to continue to meet problems as they arise Self-insurance agreement, report on expansion of, to be ready at next meeting Report of Insurance Committee to be submitted at October meeting in New York Determination of matter to be made at October meeting with Board Actions taken by Presidents' Conference, report referred to Presidents and Insurance Committee for further consideration Expansion to be considered at next meeting of Statement of Mr. Eccles not to be read but to make oral statement on regional research program, inflation, etc. Topics for discussion: Budget Bureau approval numbers on FRBank forms, memo of Mr. Bergelin to be furnished to, prior to meeting Departments or agencies of Governments, procedure in taking matters up with Deposits, ownership of, memorandum of Mr. Goldenweiser on making survey Financial requirements of industrial corporations for reconversion from war to civilian production, question of including in research program at each FRBank, accumulation of data to show Fiscal agency matters, participation by representatives of Board in discussions with Treasury Foreign accounts of FRBanks, proposed revision of Regulation N and statement of procedure relationships with FRBanks, revision of statement of procedure re, first two questions to be submitted to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/29 954 7/30 1132 10/19 1525 10/19 1528 6/29 964 6/29 960 9/10 1315 9/10 1316 10/19 12/14 1526 1872 2/26 308 1/14 80 4/27 632 2/26 309 6/11 973 4/27 632 id 6 51/1 4/29 641 78 Pages Conferences: (Continued) Pr esidents: (Continued) Topics for discussion: (Continued) Government securities owned by States, safekeeping by 465 3/30 FRBanks, to be considered at next meeting of 4/2 491 To be considered at next meeting of Informal conclusions reached in discussion, MR= re to be prepared for Board members' use during meet6/24 925 ing Sysof Information exchanged among FRBanks on matters 4/27 632 tem importance, submission of copies to Board 4/27 632 Letter to Mr. Day on topics for next meeting 6/15 887 List of matters to come up at next meeting 887 6/15 of Regulation WI compliance with and enforcement 10/20 1534 Revision to be considered by Retirement System, separation payment to be considered 672 5/6 at next meeting 5/8 684 Proposed plan submitted to 887 6/15 Revision of others bills for Safekeeping by FRBanks of Treasury 8/20 1224 than banks, matter referred to 887 6/15 Self-insurance agreement of FRBanks lAlar loans: Contracts, cancellation at end of war, committee ap5/24 764 pointed to consider Re of liability of gulation V, Executive Order 9112, estimate armed services and Maritime Commission, sug4/ 6 523 gested by Chairman Eccles Sta Allied of representatives program, bilization, international 805 5/29 countries to discuss on June 8 Sta GoldenMessrs. Treasury, at meeting bilization Fund Plan, weiser and Gardner to attend as Board representatives, no difference of opinion to be ex887 6/15 pressed SYStem. RegulationW, contemplated for canvassing questions in con10/ 7 1480 nection with To be held on November 17-19, revision of Regulation W to 10/20 1534 be discussed TreasurY fiscal agency, costs of handling uncurrent issues of Government securities and depositary functions, 6/29 961 to be on agenda for next conference United. for Nations Food Conference, question of having observer 573 4/13 FRSystem attend sessions United Nations Relief and Rehabilitation, to be held in Atlantic City, New Jersey, Nov. 18-20, and to be attended by Messrs. Szymczak, Gardner, and Harley 11/17 1709 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 79 Pages Confer w-eaCeS: (Continued) "at' bonds, Series G, representative of Board to confer with representatives of the Comptroller of the Currency and FDIC re carrying at par by State banks C°"(Ilidations: American Trust Company, San Francisco, California, proposed purchase of assets of First National Bank of Stockton, Calif., and establishment of additional branch at Stockton, approved Citizens Bank of Arcade, N. Y., to purchase assets and assume liabilities of Bliss National Bank, no objection ize Citns State Bank of South Haven, Michigan, absorption of First State Bank of South Haven, Michigan, under title Bank of South Haven, no objection to transaction C°untY Trust Company, White Plains, New York, to purchase assets and assume liabilities of First National Bank of Pleasantville, New York, and to move location of branch in Pleasantville Del Rio Bank and Trust Co., Del Rio, Texas, absorption of First State Bank, Rocksprings, Texas, no objection Industrial Trust Company, Providence, R. I., purchase of assets and assumption of deposit liabilities of Mechanics National Dank of Providence approved Manu facturers Trust Company, New York, N. Y., to absorb branch of Marine Midland Trust Company of New York, approved Natic)nal City Bank of Cleveland, Ohio, consolidation with Union Bank of Commerce Company, Cleveland, Ohio, reduction in capital of State bank for plan, no objection to Nevada Bank of Commerce, Elko, Nevada, merger with Lander County Bank, Austin, Nevada, and purchase of assets and assumption of liabilities of Battle Mountain State Bank, Battle Mountain, Nevada Norfolk County Trust Company, Brookline, Mass., purchase of assets and assumption of liabilities of Walpole Trust Co., and establishment of two branches in Walpole Pe°Ples Ban,K of Lakewood Village, California, request for permission to purchase assets and assume liabilities of First National Bank of Bellflower and First National Bank of Garden Grove and move headquarters of bank and operate branches, action deferred http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/28 1984 8/23 1232 5/ 6 674 6/18 907 6/30 992 1/ 4 16 12/10 18/ 7 9/ 2 1272 12/ 7 1825 7/14 1054 6/24 930 1/19 94 80 Pages C°r180lidations: (Continued) Peoples Bank of Lakewood Village: (Continued) Permission declined 3/17 393 Letter to FRBank of San Francisco advising that applica3/19 413 tion had been declined Letter stating objections of Board to absorption 4/19 607 , Copies of letters re sent to Congressman Thomas F. Ford 5/22 751 l'eoples Pittsburgh Trust Company, Pittsburgh, Pa., purchase of assets and assumption of liabilities of Arsenal 2/16 257 Bank of Pittsburgh Security State Bank, Sheldon, Iowa, purchase of assets and assumption of deposit liabilities of State Bank 12/30 2016 of Archer, Iowa, a noninsured bank, approved Springdale Bank and Trust Company, Springdale, Connecticut, to increase common capital stock, purchase assets and assume liabilities of Stamford Industrial Bank, Stamford, Conn., and move place of business to quarters of Stamford Industrial 7/ 9 1029 Bank, approved State Bank of Dodge City, merger with Kansas State Bank under title of Fidelity State Bank, Dodge City, 11/12 1672 Kansas Uinters State Bank, Winters, Texas, absorption of Bank of Bradshaw, Texas, unincorporated, uninsured 1/22 111 Cons— bank, no objection to 'puller credit: -redit devices used in sale of motor fuel at retail, effect of 1/8 49 amendment of Petroleum Directive 62 Retail credit survey for 1943, to include current assets and 12/ 9 1839 liabilities Statement of necessity, increased income tax burden, statement 1/20 101 for publication in FRBulletin n (Sep 8-1-30 Regulations, Board of Governors, W) ere Cooperative Association, North Kansas City, Mo., reply to letter on credit on retail sales of petroleum Consumers 1/14 78 products Home Equipment Co., Detroit, Michigan, violations of Regulation W, Order for Hearing to determine sus12/14 1862-9 pension of license, to be issued if necessary 12/28 1986 P I:sP c3 0sed order suspending license for one week Ilan" of order suspending license for violations of Regula12/29 2005 tion W A8eignment of claims under, adequacy of original to cover 00417 modifications " sions: Ga/7 National Bank, Gary, Indiana, to be converted from Gary State Bank, Gary, Indiana, and fiduciary powers granted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/12 366 7/24 1100 81 Pages • Cony .!rslone: (Continued) -uake Shore National Bank, Chicago, Illinois, from Lake Shore Trust and Savings Bank, fiduciary powers 11/ 5 1645 granted National American Bank of New Orleans, La., application for fiduciary powers approved upon conversion from American Bank and Trust Company, New 12/ 9 1835 Orleans, La. National Bank of Austin, Chicago, Ill., application for fiduciary powers approved upon conversion from 11/15 1696 Austin State Bank, Chicago, Ill. Coo rdinator of Inter-American Affairs: Tejada, Jorge, of Bolivia, to be employed by Board and FRBank of St. Louis for period of not to exceed six 3/30 461 months Cord Motor Car Company, present status of company in connection 3/15 378 with rebuilt automobiles under RegulationW C°1130 ration Counsel of District of Columbia, disclaimer on building of Board, letter to Mr. Keech on obtaining 11/30 1797 FRBanks from Collno4, B-1-;_of State Governments: -L-Lle drafted in Treasury Department governing exchange of tax information and investment of surplus pension and other funds in Government securities, memo 50 1/8 Co of Mr. Wyatt on ,v-LY FRBankS: FRBank of San Francisco, increase in salary approved Clo use, Roger R., Secretary at FRBank of Cleveland, to serve also as an attorney PliBn„1, -"'\. of New York, additional experienced lawyer to devote time to legal aspects of Regulation V Ketch -um, Phillips, FRBank of Boston: Reappointed as Associate Counsel for 1943 Bill for service in connection with case of Howard W. Ford vs. C. E. Wilson & Company, Incorporated, considered excessive and payment not approved Bill for legal services to April 30 to be submitted, retention after that date not to be approved by Board Services to be terminated, bill for all services through April 30 to be submitted Bill for services in case of Ford vs. Wilson and for work prior to termination of services, payment approved Mace Brittain, Evans, and Lewis, FRBank of Philadelphia, retainer for 1943 approved ", A. C., 4811 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/ 3 1010 6/22 919 3/18 405 1/16 87 1/19 96 3/30 463 4/6 519 7/ 2 1003 5/14 717 82 Pages C°11/1sel, FRBanks: (Continued) Squire, Sanders, and Dempsey, FRBank of Cleveland: Payment of fee for May 1 - June 30 approved Bills in connection with war loans, nayment approved Payment of fees for services in connection with Regulations V and W, approved Fees in connection with war loans, payment approved Payment of bills in connection with war loans and Retirement System approved Titip - of Assistant to General Counsel at Chicago, proposed change to Assistant Counsel not approved B:tz General, Memoranda of: .11-L8 drafted in Treasury Department governing exchange of tax information and investment of surplus pension and other funds in Government securities, memo of Mr. Wyatt on Offi cers receiving compensation in excess of 4,500, applicability of S. 575 to Board's employees e°11risel, pecial, Board of Governors: iNoachek, Frank B., services as assistant on temporary basis to be negotiated for by Mr. Dreibelbis C°141/8 ,e11 SPecial FRBanks: rickley Sears, and Cole, bill for professional service rendered to FRBank of Boston in connection with bill of Phillips Ketchum considered excessive and not approved Bill for services in case of Ford vs. C. E. Wilson and Company, Inc. FRBank of Kansas City, fee approved, in connection with rate question before Missouri Public Service Commission Grosr., nyde, and Williams, bill for professional service rendered to FRBank of Boston in connection with bill of Phillips Ketchum considered excessive and not approved Bill for services in case of Ford vs. C. E. Wilson and Company, Inc. Holt, Robert N., employment at FRBank of Chicago as special counsel in tax matter approved Leao„ n, Meth, report of Mr. Dreibelbis on conference re employmnt in Transamerica Corporation case Sal „-ary arrangements for stenographer loyment and expenses, letter enclosing voucher forms RBank of San Francisco to be reimbursed by Board for ex144Yerpenses -neyer, Austrian & Platt, employment FRBank of Chicago as special counsel in tax matter approved r http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/17 h/29 599 643 7/ 9 1028 11/27 1757 12/22 1956 12/ 8 1830 1/8 50 2/11 219 4/16 594 1/19 96 2/11 223 12/23 1962 1/19 96 2/11 223 6/5 841 8/ 3 1153 8/27 1250 9/ 1 1268 9/ 2 1273 6/5 841 83 Pages Co 1111 -L, Special, FRBanks: (Continued) Robertson, Leachman, Payne, Gardere & Lancaster, payment of fees and expenses for legal services in connection with Transamerica Corporation matter approved Winth -rop, Stimson, Putnam & Roberts, FRBank of New York, payment of fees for services in connection with Collrt cases: court case Armand Schmoll, Inc., vs. FRBank of New York, payment of fee to Winthrop, Stimson, Putnam & Roberts for services re Howard W. Ford vs. C. E. Wilson & Company, Incorporated, bill for professional services rendered to FRBank of Boston by counsel considered excessive and not approved Bill for legal services in connection with case not approved Counsel fees of Phillips Ketchum not to be approved until bill for all legal services to April 30 submitted Rate question pending before Missouri Public Service Commission, fee of special counsel approved United States against Guaranty Trust Co., certifications of Declarations of Foreign Correspondents furnished to Department of Justice in connection with WaYne, Acting Director of Budget Bureau, letter of Chairman Eccles re fiscal agency operations and reimCredit. bursement for 11/ 5 1647 5/13 714 5/13 714 1/19 96 2/11 223 3/30 463 12/23 1962 3/15 379 i/6 521 4/29 5/18 637 730 4/29 6t10 1/14 78 4/29 640 2/4 187 3/ 4 342 C°R111°dities, real estate, or securities, purchasing, carrying, or trading in, possibility of handling by Board, draft of order prepared corlsProposed executive order to regulate discussed Repiollnier: (See Consumer credit) ---ati°11 of use by Board, extent of powers to be granted, discussion of Retm, 4-I- sales of petroleum products, letter to Consumer Cooperative Association on "g of action by Board, powers to be exercised only when necessary and in agreement with Government Nditagencies Stila dgencies: Y for chapter on money and banking in Military Government Handbook to be undertaken by Board Ndit 8, -reau of Lexington, Ky., comments of Mr. Cooper on effect of Regulation W on profits of small loan companies http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 84 Pages Credit control: Agricultural, problem created by Federal agricultural credit agencies, discussion of Domestic, effect of proposed international stabilization plans on, discussion of Extension and maintenance of, increase in margin requirements for, Chairman Eccles to talk with Mr. Purcell Margin requirements, relation of action by Board to whole field raised by Mr. Ransom, discussion by Board Production credit associations, activity in South, threat to FRSystem Proposed order to regulate credit for purchasing, carrying, or trading in commodities, real estate, or securities, reviewed for confidential information of Presidents by Chairman Eccles Credit reports, forwarding of copies to Washington to be discontinued Credit R_ IIomen's Breakfast Club: amendment suggested to treat extension of credit as charge sale, reply to letter from Est ablishment of central bank, Mr. Gardner authorized to go to Cuba in connection with --LP 'Will B., revised draft of guarantee agreement under RegCu, ulation V sent to ,rency: 9/20 1373 5/29 807 5/12 709 5/18 729 9/20 1374 6/29 973 4/14 588 9/ 8 1301 3/10 355 3/1 322 Prpnaotes: (See FRnotes) noarding, reports of FRBanks on, letter to Mr. Young on con3/17 402 tinuance of reports Occ, ion,Lkpat stateresponsibility, matter on which System has no ment of Mr. Eccles at meeting of Federal Ad11/15 1692 visory Council with Board Shor of attitude t-ge in shipment reported by recipient, 3/24 426 FRBanks requested Varied practices of FRBanks, matter to be referred to Pres5/ 5 667 idents' Conference Committee Letter referred to Mr. Leach, Chairman of Committee on Oper8/21 1229 ations of report after approved, re for P°1icY Navy Department 12/18 1940 Presidents' Conference committee for chapter on money and banking in Military Government 2/ 4 187 Handbook to be undertaken by Board bat x'Y Payments, sight drafts issued by Commodity Credit Corporation in making, conference to be held to adopt more convenient form http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/26 1752 85 Pages ,.. Chester, President of FRBank of St. Louis, granted leave of absence to become U. S. Food Administrator, salary adjustment a tDaevil.!, omas H Th., payment for luncheon approved urs Building Products Co., Pittsburgh, Pa., Regulation W, amendment No. 6, no change contemplated in, De advice to Defense housing: DeteNliA Order No. 60-4A, revision of merit of employees from military service: Executive Order, statement of Mr. Leonard on effect of 41a1310, J. Burke, Assistant Head of International Section, request for deferment for six months Lang, Arthur H., Assistant FRExaminer, request for deferment for six months Mlisgrave, Richard A., Associate Economist in Division of Research and Statistics, request for six months deferment DePa.rtinent of Agriculture: Farm -land boom profits tax, letter to Secretary Wickard inDe ,Commerce:ating approval of Pertinent Cortzlitto el e for economic development, taxes and post-war adjustment of industry, considered by Ta Yi°1", Wayne C., Undersecretary of Commerce, suggested as type of man to be considered as President of FRBank of Cleveland ,tment of Justice: riePal Cert ification by Board of 17 Declarations of Foreign Correspondents desired by P. B., 1. report on employee of Seattle Branch, former member of Young Communist League, staff of Board authorized to discuss with 4.1-gn exchange files requested by, loan by FRBank of New York approved Registration statements filed with FRBank under Regulation 1%., request for access to those of small loan companies discussed with Presidents Permission for representatives of Antitrust Division to inspect information furnished by money lenders in connection with Regulation V; Pe rmission to examine, to make photostat copies of, and to make follow-up investigations, requested by Piled with FRBanks, request for access to those of small loan companies, discussion re with Antitrust Division, further conference to be had uith Attorney General by Messrs. Eccles and Ransom Registration statements filed with FRBanks, access to re loan shark investigation, letter re http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/15 591 14 42 6 //: 1 :7 11 8/ 5 1158 3/15 367 7/ 7 1022 7/14 1055 7/19 1072 11/29 1782 5/24 765 2/22 284 3/15 379 11/16 1701 2/19 274 1/26 124 2/11 221 3/17 391 5/12 705 5/21 747 86 Pages Department of Justice: (Continued) Registration statements: (Continued) 5/28 Letter to FRBanks to give representatives access to Examination by representative of card file re at FRBank 6/24 of St. Louis, approved Transamerica situation, investigation by Anti-Trust Division 11/29 of Request for access to Board's files for information re, ap12/14 proved, material to be treated confidentially Violations of banking laws by member banks, procedure for re3/10 porting Partment store statistics, cost of preparing material on retail trade for Board added to budget of Division of 5/28 Research and Statistics 1)elp°sits: Amendment to permit redemption of certificates of deposit before maturity for purchase of Government se6/29 curities, no action taken on A8sesament by FDIC on those secured by obligations of United States, request for report on S. 986, to 5/12 eliminate Bank of Waverly, Va., left by will to trustees of church, no 5/29 objection to handling of Bonds, purchase of 2 per cent depositary, under Treasury Circular 660, methods of payment for, telegram to 4/27 FRBank of San Francisco Cer tificates of Old First National Bank of Bluffton, Indiana, having alternate maturities, continues to be time certificate after expiration of earlier 7/22 maturity dates, letter re interest on Control preof and issuance of depositary receipts, omission fix numbers for Branches of certain FRBanks 7/12 noted, and explanation of plans requested County, inrequested, deposits time statement re demand and 12/29 structions to FRBanks Demand, of individuals, partnerships, and corporations, summary figures to be furnished after each call for con1/2 dition report 1DeMand and corporations, and partnerships, individuals, time of statement showing by States and counties sent to 2/4 p. Secretary of the Treasury 4/13 Smead Mr. of memo in, proposed revisions t.,Ares by counties to be furnished for use of Treasury in con1/12 nection with next victory loan campaign Int memo on, figures facilitate to 414, erbank, changes in F. R. 4/13 of Ur. Thomas Uern}, --er banks, forms for reporting, to show figures in thousands 5/8 of dollars, suggested http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 799 934 1775 1898 360 799 963 705 810 631 1083 1044 2009 11 186 567 67 568 689 87 Pages Deposits: (Continued) Redemption of certificates before maturity for purchase of Government securities, to be allowed, each bank 6/29 to handle such cases on informal basis Reserve of FRBank to telegram requirements, exemptions from, 4/27 Francisco • Savings accounts: Interest rates, Regulation Q, reduction in maximum pre5/12 scrib,,d by, favored by Board if FDIC agreeable 2/22 Post exchange funds, classification of Shifts after war, brief discussion at meeting of Federal Ad11/15 visory Council with Board of request at Commission StuclY of, by Securities and Exchange 9/20 House tays and Means Committee furCompany, Trust Maryland Request for information from 9/23 ther investigation to be made by Board 10/ 1 s_ Conversation of Mr. Ransom with Mr. Vinson Ltrve7 of bank, by Securities and Exchange Commission, permis10/ 6 sion for refused by Budget Bureau rveY of individual accounts by Securities and Exchange Commission, not approved by the Bureau of the 10/22 SuBudget Presidents the to presented be " of ownership, question to rye 2/26 of FRBanks by Mr. Goldenweiser 3/2 Statistics and Research Referred to Committee on Preliminary survey of certain banks to be undertaken by 3/25 FRBanks 5/25 Results of Regular reports to be obtained, subcommittee of System working with Reserve Banks, Association of Reserve City Bankers, and National Bureau of 5/25 Economic Research Press statement summarizing principal results, approved 7/ 8 Plans for further surveys and reports on, forms and instruc7/10 tions sent to FRBanks Results of, published statement, copies available to 7/10 FRBanks Correspondence of FRBanks re to be addressed to Mr. Woodlief Thomas of Division of Research and 7/10 Statistics. proposed To be made at end of January and July each year, 7/10 plan 5 8/ Minneapolis Advisability of extending, letter to FRBank of 10/ 1 Rice Mr. Discussion of information re with 10/ 1 Press release re results of, copy given to Mr. Vinson 12/31 Next semiannual survey postponed to February 29, 1944 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 963 631 709 289 1693 1383 1400 1446 1469 1542 310 333 430 776 777 1026 1031 1034 1034 1035 1159 1446 1446 2027 38 Pages DePosits: (Continued) Time: Schedule F, member bank call report form, words to be added to item for midyear call reduction in maximum preInterest rates, Regulation by Board if FDIC agreeable favored by, scribed Time and savings, reduction in maximum rate of interest discussed Time certificates, payment before maturity for purchase of war bonds, not authorized, solicitation of citizens with available funds urged, telegram to FRBank of St. Louis Cashing for purchase of war bonds, no change in situation, letter to FRBank of St. Louis United States in insured banks, proposed bill to exempt from insurance assessment War loan, withdrawals from, change in procedure to be taken up with Treasury Department Ivar loa n ac ounts:Relief from assessment to be sought by legislation Elimination of FDIC assessment, status of bill discussed Bill to eliminate FDIC assessment on discussed by Mr. Ransom with Mr. Steagall Status of bill to exempt from FDIC assessments and requirement that reserves be maintained against Amendment to Regulation D to comply with recent bill exempting from reserve requirements wa Danger of development discussed by Federal Advisory Council r Savings Bonds: Series E, to be included in call reports in item "War loan account" bestrIv,44 Dio--Lon of records: Board of Governors, list of useless papers of, sent to National Archives for examination H. a. 1988, savings under section 3(3), procedure for microfilming and destruction 1)ellteh_ J., Department of External Affairs, payment for luncheon ' approved ' 1)1 . Chat 5/11 699 5/12 709 8/ 3 1148 4/15 592 9/ 4 1287 6/7 856 1/26 141 1/6 2/15 30 246 3/16 382 3/30 458 4/13 5/24 572 761 7/1 999 4/ 5 501 3/24 427 4/23 620 rmen's Conference and members of Board and staff, payment 10/ 4 1457 of cost authorized ectives: Pet r°1eum Administration for V,ar: No. 62, proposed amendment dealing with credit devices used 1/8 49 sale of motor fuel at retail 4reet °r of the Mint: r '°Ins, banking institutions requested to return pennies 11/12 1676 not needed bir http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 89 Pages Directors. FRBank of Atlanta: Classification of banks for electoral purposes, change in Harris, Rufus C., reappointed Class C for three years Neely, Frank H., Chairman and FRAgent, redesignated for 1944 Porter, J. F., Deputy Chairman, redesignated for 1944 FRBank of Boston: Creighton, Albert M., Chairman and FRAgent, redesignated for 1944 Dennison, Henry S., Deputy Chairman, redesignated for 1944 Henry I., reappointed Class C for three years Harriman,twith Messrs. Eccles and Szymczak, procedure for FRBank ii-Bank of Chicago: Pees for attendance at Executive Committee meetings, payment approved Hoffman, Paul G., reappointed Class C for three years Leland, Simeon E., Chairman and FRAgent, redesignated for 1944 F, il liViailnack, W. W., Deputy Chairman, redesignated for 1944 4°Q1n4. of Cleveland: Brainard, George C.: Present at meeting with Board to discuss official personnel at Bank Reappointed Class C for three years Redesignated Chairman and FRAgent for 1944 Classification of banks for electoral purposes, change in Committee to meet with Board on February 22, on official personnel at Bank Present at Board meeting To report back to directors to work out solution of problems Pees paid directors for attending meetings of Executive Committee on same date as board meeting, approved Klages, R. E.: Present at meeting of Board to discuss official personnel of FRBank Redesignated for 1944 as Deputy Chairman 14cDowel1, H. B., present at meeting with Board to discuss official personnel of FRBank Millsop, T. E., present at meeting with Board to discuss official personnel of FRBank FRB ank of Dallas: C°zzo, J. B., Class C, recommendation on appointment to be submitted later http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 4 1283 12/10 1845 12/10 1845 12/10 1846 12/10 1845 12/10 1846 12/10 1845 11/29 1785 9/10 1317 12/10 1845 12/10 1845 12/10 1846 2/22 279 12/10 1845 12/10 1845 9/ 4 1283 2/11 2/22 218 279 2/22 285 5/27 792 2/22 284 12/10 1846 2/22 279 2/22 279 12/10 1844 90 Pages Direct ,ors: (Continued) ( of Dallas: (Continued) McKinney, Galen H., Class C, appointment for unexpired portion of term upon resignation of Colonel Taylor, if willing to accept, and designation as Deputy Chairman upon designation of Mr. Parten as 12/15 Chairman and FRAgent Parten, J. R., Class C, appointment to succeed Mr. J. B. Cozzo and designation as Deputy Chairman, if 12/15 willing to accept 12/10 Taylor, Jay, Chairman and FRAgent, redesignated for 1944 Resignation as Chairman and FRAgent expected because of demands of service in U. S. Army, Mr. J. R. Parten to be designated Chairman and FRAgent '12/15 at c, that time PRBank of Kansas 12/10 Caldwell, R. B., reappointed Class C for three years 12/10 Redesignated Chairman and FRAgent for 1944 Hague, Lyle L., Class C director for unexpired portion of term, appointment to be tendered if willingness 5/ 6 to accept indicated 5/ 7 Appointment approved mehornay, Robert L., Deputy Chairman, redesignated for 12/10 1944 PRPtn,, of Minneapolis: 12/10 Cochran, W. D., reappointed Class C for three years Coffey, W. C., Chairman and FRAgent, redesignated for 1944 12/10 12/10 bhepard, Roger B., Deputy Chairman, redesignated for 1944 II-bank of New York: Calkins, Robert D., Class C director, to be appointed for unexpired portion of term, if willing to ac9/10 cept 9/13 Appointment for unexpired portion of term Membership in National Railway Labor Panel, no objec11/22 tion to 12/10 Reappointed Class C for three years Per diem allowance while serving as member of National 12/18 Railway Labor Panel, no objection to Pees paid for attending meetings, question as to classification as salaries and whether victory tax 2/5 withholding provisions applies to 3/2 Pees for attending Committee meetings not considered salary .r• • ‘1;ye apfor " r., Lilliam I., Class C, suggested as type of man 2/22 pointment as President of FRBank of Cleveland 9/10 Designated Deputy Chairman 12/10 Redesignated for 1944 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1905 1904 1845 1905 1845 1845 672 678 1846 1845 1845 1846 1314 1336 1719 1845 1933 190 337 282 1314 1346 91 Pages Directors: (Continued) PRBank ofNew York: (Continued) Rural, Beardsley, Chairman and FRAgent, redesignated for 1944 PRBank of Philadelphia: Balderston, C. Canby, Class C, appointed for unexpired portion of term Blection of, draft of circular re, to be sent to member banks in district IleCabe, Thomas B., Chairman and FRAgent, redesignated for 1944 daittier, Uarren F., reappointed Class C for three years Redesicrated Deouty Chairman for 1944 P RBatIK of Richmond: Annual joint meeting to be held in Lashington Llay 13, letter outlining program to be sent to Board Lassiter, Robert, reappointed Class C for three years P.edesignated Chairman and FRAgent for 1944 :13 . 3 0r, U. G., Deputy Chairman, redesignated for 1944 pp nk of St. Louis: Brooks, Douglas L., Class C, designated Deputy Chairman for 1944 J ohnston, Oscar U., Class C, recommendation on appointment to be submitted later :4ardin, Uilliam T., Chairman and FRAgent, redesignated for 1944 Stead, WiLliam H., Class C, to be appointed if willing to accept Appointment for three-year term P .nk of Can Francisco: Class C, Chairman Eccles requested to find desirable appointee for Election of, participation by Bank of America N. T. & S. A. letter advising of ineligibility for Participation by First Trust & Savings Bank, Pasadena, California Protest of Bank of America H. T. & S. A. against views expressed by Board and allowances for 1943 approved Freeman, Y. Frank, to be appointed Class C director if willing to accept, now director of Los Angeles Branch Advice of inability to accept appointment as Class C director GradY, Henry F., Chairman and FRAgent, redesignated for 19/44 11°1den, St. George, Class C, recommendation on appointment to be submitted later http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/10 1845 4/ 8 539 9/18 1369 12/10 1345 12/1() 1845 12/10 1846 4/6 506 12/10 134.5 12/10 12/13 1845 1846 12/1i 1346 12/10 1844 12/10 1845 12/14 191 12/18 1933 12/28 1989 , 11/ 4 1629 11/ 4 1629 t1/30 1792 1/26 146 12/15 1905 12/28 1988 12/10 1845 12/10 1844 92 Pages Directors: (Continued) PRBank of San Francisco: (Continued) Holden, St. George: (Continued) 12/15 Not reappointed Meeting with directors of branches at least once a year 4/9 suggested Wellman, Harry R., Class C, designated Deputy Chairman 12/15 for 1944 PRBanks: Auditor, responsible to board of directors, not regarded as executive officer, letter to FRBank of 9/ 7 Boston 12/10 Chairmen and Deputy Chairmen, redesimation for 1944 Class C, reappointment for those whose terms expire De12/10 cember 31, 1943 Class C, recommendations for appointment of, to be brought 12/15 up at Board meeting for discussion Classification of banks for electoral purposes, changes in 9/ 4 Atlanta and Cleveland Districts Confidential reports received by FRBanks from Board, Question of making available to directors discussed 1/26 with Presidents Duties and relation to Board of Governors, draft of state6/ 1 ment discussed, but no action taken Duties, responsibilities, and relationship to Board and to directors of FRBranch banks, statement to be 6/5 prepared by Board Statement subject to approval by executive committee 7/ 6 of Chairmen's Conference Election of, reclassification to be reviewed and changes 7/ 3 suggested Pees paid to directors for attending meetings as salaries under regulations of Bureau of Internal Revenue, 2/5 question raised as to FRBank of New York Milltary service, reappointment of those engaged in, prece12/15 dent for Pl'ocedure for presenting matters for consideration of 12/ 8 Stabilization plans, Keynes and -alite plans to be presented 6/25 at meetings for discussion Victory tax, applicability to fees paid for attendance at 2/5 PR-Bran 1, banks: meetings Baltimore: Roberts, W. Frank, not reappointed upon expiration of 12/15 term 12/23 Reappointed for term of three years http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1905 551 1906 1296 1844 1844 1906 1283 139 823 845 1019 1012 190 1901 1831 943 190 1903 1962 93 Pages e2.!'°rs: (Continued) rranch banks: (Continued) Birmingham: Davis, P. 0., to be appointed for unexpired portion 12/10 of term if willing to accept Appointment for unexpired portion of term12/21 12/15 Norton, Ed. L., reappointed for tern of three years Buffalo: liellogg, Howard, not reappointed upon expiration of 12/15 term aobin- Thomas, Jr., to be appointed if willing to ac12/23 cept 12/27 , pointed for three-year term har1otte. .right, George M., not reappointed upon expiration of 12/15 tern 12/23 ppointed for term of three years CiacinnaZ7:a' 12/15 Bird, Francis H., reappointed for term of two years disManaging director, proposed amendment to bylaws to 1/23 continue office Denver: Alexander, M.11iam A., appointed director for unexpired term Noonen, M. E., reappointed for term of three years Detroit: Fees for attendance at meetings of the Board of Di,rectors, payment approved McLuoas Walter S., continuation of service after sixyear period, rule waived because of -war conditions .Number of, amendment to bylaws of FRBank of Chicago on uuties, responsibilities and relationship to Board of Governors, statement to be prepared on '11- Paso: Martin, Jack B., not reappointed upon expiration of term Reappointed for term of three years Helena: Holtz, Malcolm E., to be appointed if willing to accept . Appointment for two-year term Lyrick, D., not reappointed upon expiration of term R°1-Iston: Chance, George G., not reappointed upon expiration of term Elkins, Janes A., appointment for unexpired term, advice of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1846 1949 1903 1903 1961 1979 1903 1962 1903 117 315 2/27 12/15 1903 9/10 1317 11/16 1703 11 1/ 2 6/ 5 045 12/15 1903 12/23 1962 12/15 12/18 1904 1934 12/15 1903 12/15 1903 2/25 301 94 Pages Direct ,,2re: (Continued) "a3ranch banks: (Continued) Houston: (Continued) Slaughter, George A., to be appointed if willing to accept Appointment for three-year term vi31e Jackson Jackson, F. D., reappointed for term of three years Lee, Charles S., to be appointed for unexpired portion of term, if willing to accept Appointment for unexpired portion of term approved Little R Barnett, I. N., Jr., not reappointed upon expiration of term Reappointed for term of three years Los Angeles: Ambrose, v. N., Managing Director, mutilation of plate bearing name, Mr. Del,aMater to represent FRBank Freeman, Y. Frank, reappointed for term of two years To be appointed Class C director of FRBank of San Francisco if willing to accept Appointment for further term of two years Louisville: Gaines, Perry B., not reappointed upon expiration of term Memphis: Branch, R. C., reappointed for term of three years Meetings, amendment as to time of regular meetings N ashville:Palmer, E. V;., not reappointed upon expiration of term New Orleans: Billington, E. F., reappointed for term of three years Shaffer, John J., Jr., appointment for unexpired portion of term approved Oklma City:(3f Adams, Arthur B., to be appointed director if willing to serve, in event Mr. Ferguson does not accept reappointment Ferguson, Philip C., reappointment after active duty in Marine Corps, letter sent to determine willingness to serve Appointed for three-year term Omaha: Clark, John Davidson, to be appointed director for unexpired portion of term if willing to accept Appointment for unexpired portion of term http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1904 12/29 1997 12/15 12/15 1903 5/ 7 5/15 676 721 12/15 1903 12/23 1962 789 5/26 12/15 1903 12/15 12/28 1905 1989 12/15 1903 12/15 5/20 1903 742 12/15 1903 12/15 1903 4/10 555 12/15 1902 12/15 1900 12/24 1976 9/18 1369 9/23 1408 95 Pages L'irect ,,?rs: (Continued) rladranch banks: (Continued) Omaha: (Continued) Clark, John Davidson: (Continued) Reappointed for term of three years Schellberc-, V. H., resination accepted Pittsburgh: Arthur, Villiam C., appointment for unexpired portion of term to be tendered if willing to accept Appointment for unexpired portion of term approved Doherty, Robert E., reappointed for term of two years Managing director, nroposed amendment to bylaws to discontinue office Portland: Davis, D. L., Managing Director, mutilation of plate bearing name, Mr. DeLaMater to represent FRBank Gerlinger, George T., not reappointed upon expiration of term Reappointed for two-year term ReaPpointment of those whose terms expire December 31, with certain exceptions alt Lake City: ,3, Auerbach, Herbert S., not reappointed upon expiration of term Dixon, Henry A., to be appointed if willing to accept To be appointed if willing to accept Appointment for two-year term Partner, W. L., Managing Director, mutilation of plate bearing name, Mr. DeLaMater to represent FRBank San Antonio: Barclay, Robert D., appointment for unexpired term, advice of Cartwright, H. LI., reappointed for term of three years Stocking, George Vt., to be appointed director for unexpired portion of term if willing to accept Appointment for unexpired portion of term approved Seattle: Larrabee, Charles F., not reappointed upon expiration of term Reappointed for two-year term Shaw, C. R., Managing Director, mutilation of plate bearing name, Mr. DeLaMater to represent FRBank http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/15 2/1 1903 173 5/ 6 672 5/21 746 12/15 1903 1/23 117 5/26 789 12/15 1903 12/31 2022 W15 1902 12/15 12/15 12/28 1903 1904 1989 12/29 1997 5/26 789 2/25 301 12/15 1903 6/2 832 6/ 5 8/4/1 12/15 12/31 1903 2022 5/26 789 96 Pages pirec tors: (Continued) FRBranch banks: (Continued) Six-year rule waived in connection with appointments for terms beginning January 1, 1944, matter to 11/16 1703 be considered again at end of next year On'4 wage: In voluntary separations, program adopted for, and letter to Mr. Day requesting suggestions from Presidents' 12/11 1854 Conference re policy on Dividends: PRBanke: 6/23 924 Payment for first six months of 1943 approved 12/24 1965 ft_ Payment for last six months of 1943 approved 'ranite Trust Company, Quincy, Massachusetts, removal of cer11/25 1744 D(NIA° n tamn restrictions re payment of, no objection ,dongressman Robert L., absorption of exchange and collection charges, violation of Regulation Q, letter 8/ 6 1167 explaining ruling by Board Senator Sheridan: shing Pay checks, reply to letter on practice of banks and 7/29 1128 business houses charging for Re (Nest for brief presented on behalf of Transamerica Corpora5/25 772 tion 11E11 rni ,ngS: .1Z13a 114S 4 during war period, disposition of surplus discussed with Presidents State member banks, Form 107b with instructions forwarded igs and expenses: '°411ks for 1942, preliminary figures presented and press statement approved Por,m 01m semi-annual report of earnings and dividends of State member banks, approved Pr Howard, University of California, suggested for employment in connection with Research work on European financial position activities, classification of FRBanks as: (See FRBanks, Essential activities) rblations: 8°rPtion of exchange charges, ruling on, examination of bank to determine applicability to each case AXtOn„.F. lsher Company of Louisville, Kentucky, loan of services of FRExaminers for assisting in talak °I Millen, Georgia, permission to FDIC to make for continuance of insurance after -withdrawal from FRSystem http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/26 6/16 137 898 1/9 56 4/29 645 8/10 1182 10/13 1499 7/21 1277 12/ 3 186 97 Pages Examinations: (Continued) Buffalo Branch, increase in per diem for examiners in examination of Federal Home Loan Bank Administration, economies in procedure, steps taken to effect, letter to Mr. Fahey re FRBank of Atlanta, copy of report left for information of officers and directors, advice and comments requested by Board ---uk of Boston, copy of report left for attention of officers and directors and special attention called to comments T -'etter to Chairman on criticisms contained in ' Personnel conditions disclosed by, to be considered on October 26 Report to be discussed by Messrs. Eccles, Szymczak, and Millard at meeting of board of directors PRBank of Chicago, copy of report left for information of directors, advice and comments requested by Board of Cleveland, copy of report left for information of officers and directors, advice and comments requested by Board PRBank of Dallas, copy of report left for information of officers and directors, advice and comments requested by Board FRBarik of Kansas City, copy of report left for information of directors, advice and comments requested by Board F abank of Minneapolis, copy of report left for information of directors, advice and comments requested by Board PRI3a,nk of New copies of report left for information of officers and directors Voucher for overtime compensation to employees of FRBank of Philadelphia for assisting in, approved for payment and revision of arrangement being considered Increase in per diem allowance for Board's examiners in next examination of ank of Philadelphia, copy of report left for information of Chairman and directors, comments requested by Board Pp,Ban k of St. Louis, request for comments or action taken on matters mentioned in report FR , / employees assigned to assist Board's examiners in, basis for reimbursement PRBank http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/26 1749 7/16 1064 5/19 737 1/30 2/10 165 214 10/22 1541 10/26 1556 8/19 1216 3/5 345 4/28 635 6/5 851 7/ 5 1017 1/11 60 1/28 153 10/12 1495 10/25 1551 4/ 6 521 10/13 1497 98 Pages %Iminations: (Continued) FREanks, Mr. Paulger authorized and directed to conduct dur12/20 ing 1944 P *11. 212, revised form, to be used by FRExaminers, supply sent 5/24 to FRBanks Missi • . ssippi Valley Trust Company, question re investment purchased for common trust fund, opinion of exam4/30 iner, Board in agreement with °rPhant , 9/24 ourt, availability of reports to, not permissible Patch 'enogue Citizens Bank and Trust Company, Patchogue, New York, permission to FDIC to make in conjunction with 1/8 FRBank of New York PeoPles Bank, personnel, official Lakewood Village, California, changes in, advice requested as to date of 10/30 next examination Reports, FDIC 3/16 of Brown confidentiality of, letter to Mr. RePorts, question of making available to New York Clearing House Association, proposed letter, sent to FDIC and Comptroller of the Currency for con9/15 firmation Letter to Mr. Gidney that they should not be available to 9/24 clearing house associations Copy of 10/ 6 letter sent to FRBanks 11/23 to Gidney Mr. to letter Mr. Sproul reaffirming Letter. Cope, procedure and frequency of, report of Standing Committee 3/17 of Examiners' Conference sent to FRBanks Further discussion of, statement of Chairman Eccles re con5/12 tinuance Securities and Exchange Commission, examination of certain deposit accounts of FRBanks, requested by for use 9/20 in study of inflation Ste,te member bank Absorption of exchange charges, procedure re, telegram to 11/23 FRBank of Atlanta New York and Philadelphia Districts, request of Mr. Treadwell that examiners scrutinize accounts of certain individuals and concerns listed, Board not 1/16 Suoto comply with request -13-1-Y of Ration Banking Questionnaire and Report Form for 1/16 use in connection with Qns for elnerica Corporation, loan of services of FRExaminers 7/21 • ers: assisting FRBank of San Francisco in 8 card of Governors: Adams, Carl V., appointed assistant FRExaminer and salary 2/13 approved 5/12 Nebr. Omaha, Headquarters changed from Chicago, Ill., to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1947 757 650 1413 48 1583 389 1353 1413 1467 1729 395 707 1383 1726 89 89 1076-8 231 711 99 Pages ,Lers: (Continued) Board of Governors: (Continued) Adams, Carl V.: (Continued) Salary increased Brien, E. L., Jr., salary increased Brown, liiillis G., voucher covering per diem during period of illness and travelling expenses approved Additional sick leave granted, not to be charged against future annual or sick leave Cagle, C. E., Assistant Chief of Division of Examinations, salary increased Conne11, J. J., FRExaminer, additional expenditure for bedroom approved Transferred to Division of Bank Operations as Technical Assistant Cooke, Robert W., Assistant FRExaminer, additional expenditure for roomette approved Crays, Dwight L., salary increased Eaton, Charles, Assistant FRExaminer, salary increased Salary increased Voucher for travel expenses approved including price of roomette English, J. Fred, Assistant FRExaminer, resignation accepted Examiner in charge of field force, position comparable to assistant head of division and excluded from scope of personnel classification plan Examiners engaged in examination of Transamerica Corporation and its affiliates, increase in per diem allowance during period of examination, approved Increase in per diem to continue until conclusion of special assignment Fischer, Charles E., Assistant FRExaminer, appointment on temporary basis for indefinite period and salary approved Salary increased ardin, James L., appointment as assistant FRExaminer and salary approved yy. Resignation accepted fllghfield, Carroll R., Assistant FRExaminer, salary increased John N., Jr., assistant FRExaminer, transferred from Secretary's Office and appointed as, with no change in salary Salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/28 1994 10/11 1486 2/4 188 6/23 921 10/ 1 1447 10/ 5 1464 12/31 2021 10/ 5 1464 10/11 1486 937 6/25 12/28 1995 8/23 1235 12/16 1919 10/ 1 1447 7/27 1116 8/ 5 1161 5/20 741 12/28 1995 2/17 262 9/23 1408 10/11 1486 1/27 150 12/28 1995 100 Pages Examine rs: (Continued) Board of Governors: (Continued) Krug, Harold T., Assistant FRExaminer, headquarters changed from Omaha to Denver Voucher for travel expenses approved including price of roomette Lan Arthur H., FRExaminer, promotion from Assistant FRExaminer and increase in salary approved Request for deferment from military service for 6 months Extension of deferment to be requested _ Salary increased Lyster, Eimer W., Assistant FRExaminer, appointment on temporary basis and salary approved Matheny, Rodman C., Jr., Assistant Federal Reserve Examiner, appointment on temporary basis and salary approved Headquarters changed from Chicago, ILL., to St. uouis, Missouri McClelland, V. J., salary increased Millard, E. R., employment by MBank of Cleveland, discussion of, no objections to negotiations re, but services needed at Board at present Adjustment in salary, Personnel Committee requested to recommend m Salary increased °rgan, Ross Assistant FRExaminer, temporary appointment and salary approved, headquarters at Washington, D. C. Murff, Gordon R., payment of additional travel expenditure because other accommodations not available Salary increased "'tiers, Edward S., Assistant FRExaminer, resignation accepted Niles, Donald C., Assistant FRExaminer, resignation accepted Per diem, increase, approved for next examination of FRBank of New York Per diem allowance during current examination of Buffalo approved Branch, increase to Pollard, William B., Assistant Chief of Division of Examinations, salary increased Port er, Joseph H., salary increased 4 11-Lehner, Julius B., Assistant FRExaminer, resignation accepted increased Ri'Igen, George M., Assistant FRExaminer, salary FRExaminer and designation changed to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/22 288 8/23 1235 7/14 1052 7/14 1055 11/29 1787 12/28 1994 8/20 1219 11/25 1710 12/31 2021 10/11 1486 9/25 1418 9/25 1420 10/ 1 1447 7/19 1070 3/20 10/11 419 1486 2/13 232 2/13 232 10/12 1495 11/26 1749 10/ 1 1447 10/11 1486 9/29 1440 10/11 1486 101 Pages (Continued) toard Board of Governors: (Continued) Seeger, Vitliam H., Jr., Assistant FRExaminer, resignation accepted Skees, L. E., appointment and salary approved Smith, Carl A., Assistant FRExaminer, appointment on temporary basis and salary approved Smith, James C., Assistant FRExaminer, headquarters changed from San Francisco to Boston Promotion to FRExaminer and increase in salary approved Salary increased TaYl°r, John William, Assistant FRExaminer, appointment on temporary basis and salary approved „ Salary increased Inompson, Andrew N., salary increase approved Title changed to FRExaminer from Assistant FRExaminer Additional expenditure for accommodations during July 17-21 approved Troll , p, F. Assistant FRExaminer, salary increased "endt, Karl P., appointment as assistant FRExaminer on temporary basis approved Salary increased Adolphus D., appointment as assistant examiner on temporary basis and salary approved Headquarters changed from Memphis, Tennessee, to New Orleans, Louisiana . Salary increased l'a.ght, Marion E., Assistant FRExaminer, salary increase approved Headquarters changed from Viashington, D. C., to Charlotte, N. C. Salary increased 41dek, , 1 ouis W., Assistant FRExaminer, granted leave of absence without pay to enter active duty with Bud U. b. Army get Bureau: 153 7/14 1050 1/28 6/30 99,) - 2/10 209 7/14 1052 12/28 1994 4/19 604 10/11 1486 387 3/16 7/14 1052 9/ 4 1288 10/11 1486 2/17 261 12/28 1994 1/21 102 6/3 12/28 834 1995 417 535 6/3 12/28 834 1995 3/12 363 3/30 470 4/6 523 3/30 470 Messrs Bergholz and Willis, visit to FRBank of Atlanta to be confined to field offices To examine fiscal agency operations of RFC of certain FRBanks Schedule of visits to FRBanks planned by, statement of Mr. PRBa Wooten of Atlanta: Barber , Ernest James, appointment as FRExaminer approved arber, ' 'Bennett J. Gordon, designation as special assistant alt°n, Robert T., designation as special assistant http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/ 4 1809 4/5 499 4/ 5 499 102 Pages ners: (Continued) FRBank of Atlanta: (Continued) Ford, Mason, designation as special assistant Laney, Levings, designation as special assistant Medlock, G. C., designation as special assistant Morgan, William B., designation as special assistant Reese, Justin M., name to be eliminated from list of special assistant examiners Shealy, Burrell M., designation as special assistant DUrell, designation as special assistant G. D., designation as special assistant designation as special assistant FRBank o Boston:°fff'A.G" )10Dorn, Milton C., designation as special assistant 4,tkinson, H. Leland, designation as special assistant rajian, Karnig, designation as special assistant Leo A., designation as special assistant Doherty, 2oherty, Harris B., designation as special assistant Everett, Eldon F., designation as special assistant Hadley,p Warren K., designation as special assistant .rael, Philip B., Assistant Examiner, appointment approved lderrY, John J., designation as special assistant iLane, Jasper A. designation as special assistant Robert, designation as special assistant Ma "rtin, Edward, designation as special assistant L,;11te, Kenneth M., designation as special assistant ' Re ?gan,Vvilhiam V., designation as special assistant tsi ,rles P., Jr., desiation Q%! Charles designation as special assistant Robert C., Jr., assistant, advice of resumption of duties because of rejection by Armed forces Rupert, Q, Stanley as special assistant gn - , 'desiation Sellers, , J ester H., Assistant, appointment approved and indebtedness to be reduced Str ong, E. W., designation as special assistant Sullivan, John F., designation as special assistant PREOKrer, Lloyd P., assistant, appointment approved of Chicago: ' Bje?ler, Joseph, Jr., designation as special assistant p?4-1, Jack, designation as special assistant designation as special assistant Brute11 R. J. designation as special assistant uell, Harris C., designated special assistant 8u APpointment as assistant examiner approved rke, Eugene Irving, Jr., designated special assistant APpointment as assistant examiner approved 8useY, u assistant , B ster,Donald B., designation as special James S., appointment as assistant approved p e http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/ 5 4/ 5 4/ 5 4/ 5 499 499 499 499 4/ 5 4/ 7 4/ 5 4/ 5 4/ 5 499 535 499 499 499 4/20 611 4/20 611 11/13 1680 4/20 611 11/13 1680 4/20 611 4/20 5/21 611 746 4/20 4/20 4/20 4/20 4/20 4/20 4/20 611 611 611 611 611 611 1/18 4/20 92 611 611 2/13 233 11/13 1680 4/20 611 4/15 591 8/27 11/ 6 11/ 6 11/ 6 2/23 10/ 7 6/5 10/ 7 11/27 1/21 1251 1649 1649 1469 293 1479 841 1479 1755 103 103 Pages 4anters: (Continued) 'MBank of Chicago: (Continued) CoPpedge, Otis Brown, appointment as assistant examiner approved Cullen, J. H., designation as special. assistant Galbraith, Francis, designation as special assistant Glassford, A., designation as special assistant Green, J., designation as special assistant Helmer, Hugh J., Examiner, appointment approved, information re indebtedness and outside business connections requested Jones, Everett D., designation as special assistant Jones, Laurence H.: Designation as special examiner Services to be loaned to assist in examination of Axton-Fisher Company of Louisville, Kentucky, in connection with examination of Transamerica Corporation Kamrath, Clarence A., designation as special assistant 11.joeller, Edward A., designation as special assistant C., designation as special assistant entz, Keefer, designation as special assistant LYnch, Matthew F., formerly assistant examiner, appointment approved Martindale, Allan Howard Frazer, Assistant, appointment approved me APpointment as examiner approved 114;ne, Fred J., Examiner, appointment approved Walter, designation as special assistant 104-u1ub, Samuel W., designation as special assistant ?ntenbach, G., designation as special assistant s-?kel, W. G., designation as special assistant " Inn, John A., formerly assistant examiner, appointment approved Wishart, Harvey J., formerly assistant examiner,appointment approved v --ers, Norbert designation as special assistant oung, Ralph E., designation as special assistant FRBa. APpointment as examiner approved of Cleveland: Blake, Howard, appointment approved ElTro, Charles, designated special assistant Eer44?rt, Phil, designated special assistant p'el-en, W. L., designated special assistant pre, George, designated special assistant William C., appointment as assistant approved T http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/15 11/ 6 11/ 6 11/ 6 11/ 6 721 1649 1649 1649 1649 10/30 1582 11/ 6 1649 11/ 4 1637 7/21 1/20 8/27 11/ 6 10/ 1 1077 99 1251 1649 1448 5/8 686 8/25 11/15 2/25 11/ 6 11/27 11/ 6 11/ 6 1243 1694 300 1649 1755 1649 1649 5/8 686 5/8 686 11/ 6 1649 3/27 443 5/27 793 9/25 9/ 4 2/18 9/ 4 9/ 4 10/27 1424 1281 267 1281 1281 1563 104 Pages 4411t!rs: (Continued) 'Itbank of Cleveland: (Continued) Gladden, Cyril R., appointment as assistant approved Goudreau, C., designated as special assistant Hein, Ralph, designated special assistant Homans, Alan, designated special assistant Kehres, Frank B., designation as special assistant Appointment as assistant approved Kreider, Don L., appointment as assistant approved Kuhl, Walter, designated special assistant Marsh, Howard, name to be removed from roster of special assistant examiners Motz, Arnold, name to be removed from roster of special assistant examiners Oettinger, Richard, name to be removed from roster of special assistant examiners Quast, George T., appointment approved, formerly assistant examiner Ransom, Reno P., appointment approved Arthur E., appointment approved Root, G. L., designated special assistant ! s ., 1Imitz, A., designated special assistant , ' i LLth, Robert L., designated special assistant Smith, W. R., designated special assistant ,7,Paul C., appointment approved Zz e;27 Smerdeski), Walter, name to be removed from roster of special assistant examiners Vol, , C., designated special assistant ,Wadsworth A. W., designated special assistant w -sh, J. B., designated special assistant ,4:ewski, Alois, designation as special assistant Inter, Alfred W., designated special assistant Appointment as assistant examiner approved and indebtedess to be liquidated PRBank of Dallasr:1 Armstrong Clay W., appointment approved Sam W., Assistant, appointment approved er, George I., appointment approved re, L. 0., Jr., designation as special assistant PRBankaskeY, Raymond L., designation as special assistant lib of Kansas City: Akb°tt, Claude, designation as special assistant er, Winfrey B., reappointment as assistant examiner approved B011 -I n,--nger, C. L., designated special assistant —auninger, T. L., designation as special assistant ej http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/20 2/18 9/ 4 2/18 9/24 11/ 6 5/18 9/ 4 611 266 1281 267 1412 1648 731 1281 9/ 4 1281 9/ 4 1281 9/ 4 1281 605 4/19 4/12 562 9/25 1424 2/18 267 2/18 266 2/18 267 2/18 267 5/18 731 9/ 4 1281 2/18 267 2/18 266 9/ 4 1281 11/ 4 1637 2/18 266 2/24 4/7 5/1 4/7 2/13 2/13 296 536 654 536 233 233 12/21 1950 9/ 4 1282 2/23 293 12/21 1950 105 Pages 48111i. ,or.!!rs: (Continued) "-bank of Kansas City: (Continued) 3rockhouse, H. A., appointment as examiner approved rowning, Linza C., designation as special assistant Cartright, Paul, designation as special assistant Crouch, Jno. H., designation as special assistant Dewey, eo. A., designation as special assistant Donovan, examiner apG, Harold E., Assistant, appointment as exner proved Elder, Wm. Lloyd, designation as special assistant .,allsrY, A. E., designation as special assistant .risler, J. V., designation as special assistant Grover D., designation as special assistant Flanagan% M., designation as special assistant Hooper, Chas. W., designation as special assistant Kinder, Ralph H., designation as special assistant 1,-,askey, Win., designation as special assistant oar, Frank E., designation as special assistant , arsons, Jno. F., designation as special assistant Preston, E. J., designation as special assistant Tanford, Paul R., designation as special assistant ! iv 7lor, Robt. M., designation as special assistant "lakinson, George Rerick, appointment as assistant approved Iv, Appointment as examiner approved .-tlock, Edwin S., designation as special assistant Wilson, w Byron A., appointment as assistant approved rY111°Ps, Jno. M., designation as special assistant FRBan,,g, James F., designation as special assistant 4 of Gro41, Minneapolis: ' IL, Clarence W., appointment as examiner approved e.1 Ohn , son, J. B., designation as special assistant ailt of New York: Barlow, J. Bennett, appointment as assistant approved ,olnet, Roland O., appointment as assistant approved Boothe, Thomas H. B., appointment approved, indebtedness to national bank to be liauidated or refinanced Frederick W., appointment approved Garfinkel, rfinkel Joseph, appointment as assistant approved Huebner, Rudolph A., appointment as assistant approved jcobus, tp Lasalle E., Jr., appointment as assistant approved °ePfel, Louis J., appointment approved ', 1 f°1z, Oscar A., appointment as assistant approved Mitchell, Arthur W., appointment approved Services to be loaned to Board for assisting in examination of Transamerica Corporation 1 F r r http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/28 1996 1/6 26 12/21 1950 1/6 26 1/6 26 1/6 1/6 1/6 12/21 12/21 12/21 1/6 1/6 1/6 1/6 1/6 12/21 1/6 1/6 26 26 26 1950 1950 1950 26 26 26 26 26 1950 26 26 2/25 301 12/28 1996 12/21 1950 1/6 26 1/6 26 12/21 1950 12/30 2014 3/8 351 11/11 1664 6/24 929 3/25 431 3/25 431 11/11 1664 6/24 929 3/25 432 3/25 431 3/25 432 6/24 929 7/21 1076 106 Pages 4azine rs: (Continued) FRBank of New York: (Continued) Moran, Edwin L., appointment approved 3/25 431 Overturf, H. Jordan, appointment as examiner approved, indebtedness to banks to be reduced regularly 12/16 1921 during temporary employment 11/11 1664 Scholz, Frederick J., appointment as assistant approved Shackleton, William E., appointment as assistant approved 6/24 929 SPangler, William H., appointment as examiner approved, 6/24 929 indebtedness to be reduced 6 /24 929 assistant Tarnstram, Merrill R., designation as special Tierne , Joseph F., appointment approved 431 3/25 Richard R., appointment as assistant examiner ap11/11 1664 proved Vogel, Frank apexaminer C., appointment as assistant 432 3/25 proved Weiss, Joseph L., appointment as assistant examiner ap3/25 432 proved Winter, Jerome J., appointment as assistant examiner ap432 3/25 proved, indebtedness to be cleared 3/25 432 i'man, Richard A., designation as special assistant flk of Philadelphia: Benner, Henry, services to be loaned to Board for assist7/21 1076 ing in examination of Transamerica Corporation approved 9/28 assistant 1438 Ertns, Hilyard Furness, appointment as 376 3/15 assistant special oes, Frederick, designation as Ev 'anS, Henry W., services to be loaned to Board for assist7/21 1076 ing in examination of Transamerica Corporation Hall°well, 376 3/15 assistant , special Percival, designation as rulaubenstein, assistant 376 3/15 special Edwin L., designation as 376 3/15 r!2Y0rth, Melvin, designation as special assistant 6/2 831 vJames, Jack H., appointment as assistant approved 376 ii7t1Y, William J. designation as special assistant 3/15 1-ninch, Ralph A., Assistant, appointment as examiner ap' 1/14 76 proved Mulholland, 376 3/15 land, Joseph A. designation as special assistant Overt Payments in connection with examination of FRBank of New York, voucher approved and revision of 1/28 153 P1113.-, 111oarrangement being considered aF c fstR ei d, h N. L., designated Chief Examiner Enu e, Raymond E., appointment as assistant approved Le!tleh, John F., appointment as assistant approved "-Le, Herbert I., appointment as assistant approved NoskCorrection re annual salary noted John L., designation as special assistant Teal, Walter A., designation as special assistant http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/10 12/10 12/10 11/ 1 11/11 12/11 11/ 6 1844 1844 1844 1589 1664 1855 1649 107 Pages ,isers: (Continued) of Richmond: (Continued) Wayne, Edward A., appointment approved 6/17 899 Webb, Prentiss L., appointment as examiner approved, former12/10 1844 lyisrsistant PRBank of St. Lou 11/ 1 1589 Dougherty Harry A., appointment as assistant approved examiin assist to loaned Jerome H., services to be nation of Axton-Fisher Company of Louisville, Kentucky, in connection with examination of 7/21 1077 Transamerica Corporation 9/18 1369 ames F., appointment as examiner approved l Iireil, 717 5/14 j Wilbur Harold, appointment as assistant approved 1/30 162 Markham, Arthur M., Jr., designation as special assistant 5/14 717 Appointment as assistant approved to indebtedness 'rick, Orville Oral, appointment approved, 6/12 877 be liquidated PRBank A of San Francisco: 59 1/11 ' Al'iamodt, J. N., designated special assistant 59 1/11 Lger, Howard, designation as special assistant 1099 l/24 iHenry,enry designation as special examiner ea Dominic, special assistant, records changed to 59 1/11 show change in spelling of name Cange, 7/26 1105 Melvyn P., designation as special examiner 59 C 1/11 plarke, R. A., designated special assistant to changed `43ragliotti, Domenic, special assistant, name Dominic Carlotti Davis, J. R., designated special assistant ePPer, designation as special assistant Downing, M. A., designated special assistant ards, H. L., designated special assistant ill 1011 Henry W., designation as special examiner 7/24 1099 examiner Ga-Les, Jerome H., designation as special 59 1/11 R- F., designated special assistant 357 3/10 examiner assistant Ha'-Ler, Louis H., designation as special 59 1/11 Yes, K. A., designated special assistant Hell m,59 1/11 assistant Ho --c°4-1, R. N., designated as special 59 1/11 H nsberger, W. P., designation as special assistant 59 1 / 11 jilnes, E. J. designated special assistant 59 1/11 j° "uscm, C. A., designated special assistant jres, H. A., designated special assistant Jones, H. C., designated special assistant a l 10F 9 as special examiner 17 assistant designated special 114 .1honey, 13neY, W. 1.E E., designated special assistant 6 3 1 4 105 99 99 -" chell, Arthur W., designation as special examiner IsttBank 1,1,...Y i CeZlo j r http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 108 Pages Examin e_rs: (Continued) r itbank of San Francisco: (Continued) Moore, Clesson, designated special assistant Mueller, Fred J., designation as special examiner Newhall, J. S., designated special assistant examiner Parsell, G. H., designation as special examiner Peterson, S. K., designated special assistant Skinner, F. R., designated special assistant :, 11,harton, D. G., Jr., designated special assistant Harold C., assistant, appointment approved lsorl, Harry S., appointment approved R. D., designated special assistant PRBankint0r1' Eligibility for preferred mileage (C gasoline ration book) ruling of Office of Price Administration Ehployees assigned to assist Board's examiners in examination of FRBanks, basis for reimbursement FRBranch banks: Cincinnati: Flaig, 0., designated special assistant Grayson, C. M., designated special assistant Rauch, R. O., designated special assistant Sabo, L. R., designated special assistant Varnig, Leroy, designated special assistant PittsburAdamson, A. C., designated special assistant Gildersleeve, H. It., designated special assistant Henderson, James, designated special assistant Martin, C. W., designated special assistant Raubenstraw, W. C., designated special assistant pRsystemTrowbridge, G. M., designated special assistant 1/11 59 7/26 1105 1/11 59 7/24 1099 1/11 59 1/11 59 1/11 59 6/29 979 6/3 835 1/11 59 i/i 4 10/13 1497 2/18 2/18 2/18 2/18 266 266 267 266 266 2/18 267 2/18 2/18 267 2/18 2/18 2/18 267 267 2/18 267 2/10 215 267 Authorized to inspect ration banking records, letter to Administrator of Office of Price Administration 01441p,sy4.ci ans: e Dr. James A., appointment as alternate examining physician 0040w5ficers: cllt7 Credit Corporation loans to, applicability of section C°1-Inty22(g) of FRAct Trust Company, Cambridge, Md., vice presidents of branches regarded as Proposed °posed resolution to be adopted by bank would remove vice presidents of branches from classification as ve officers of small member banks, application of Regulation 0 to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/17 1207 10/ 1 1449 8/21 1228 9/25 1428 2/12 229 109 Pages 4ecutive Loans officers: (Continued) to, statement for publication in FRBulletin Loans Where notes are executed on Commodity Credit Corporation Cotton Form A-1942, applicability to Small meetings to be held in FRBank of Cleveland district, Mr. Thurston to attend as observer, schedule requested 4ecutive orders: Credit for commodities, purchasing, carrying, or trading in of possibility real estate, or securities, prepared handling by Board, draft of order Regulation of, discussed Proposed order reviewed for confidential information of Presidents by Chairman Eccles Deferm ent of employees, only those holding key positions, Cannot be released voluntarily ofnot ce Warfare, transfer of United States Commercial Company, Rubber Development Corporation, etc., to Unitedst ates Commercial Corporation: "-Banks as fiscal agents for, proposed order to have Secretary of the Treasury designate Powers of RFC re, proposed order to transfer to Board of Economic Warfare extension of provisions to include Lend-Lease Administration and War Shipping Administration, objections to stated by Mr. Draper applicability to employees of FRBanks, in connection with F.B.I. report on Seattle Branch employee, former member of Young Communist League Lette r to Interdepartmental Committee requesting advice on not applicable to FRBanks and Branches mr, \,La rification of "* 9336 'war loans, Lend-Lease and War Shipping Administrations, authorized to indemnify War and Navy Departments and Maritime Commission re guarerlses. antees made for benefit of 2/19 275 1/2 10 11/30 1797 4/29 5/18 637 730 6/29 973 3/15 367 7/31 1139 6/21 917 6/21 917 4/6 512 11/16 11/26 9/11 11/22 1701 1749 1326 1720 4/28 634 Chairmen,s Conference, executive committee, payment of charge for rental of hotel room for meeting on No11/12 1676 vember 7 approved 'for services justified in public interest, reply to 2/16 259 FRBank of St. Louis P°11rth State war loan drive, telegram to FRBanks on expenses of 12/24 1968 chairmen http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 110 Pages 4Perrses: (Continued) Guards uniforms, FRBank of Kansas City, expense to be borne 12/30 2014 by bank Leachman, Meth, expenses in connection with Transamerica Corporation matter, FRBank of San Francisco to be 9/ 2 1273 reimbursed by Board for Robertson, Leachman, Payne, Gardere & Lancaster, payment of fees and expenses for legal services in connection 11/ 5 1647 with Transamerica Corporation matter approved Farin a— 'IQ Home Savings and Loan Association of Missouri, repairs, alterations, and improvements, credits not exPar Credit amiMI(Zom Regulation IV, letter to Mr. Busiek A • nist `' trifo , rcenlent of Regulation Vvr, letter on cooperation in program Parra m„ Pederei"gage Corporation: (See Federal Farm Mortgage Corporation Abe Advisory Council: °I13tion of exchange and collection charges, prohibition of as violation of Regulation Q, discussed by Agricultural credit, problem created by Federal agricultural lending agencies, discussion of Bank A 'lePosits, examination of requested by Securities and Exchange Commission, for use in study of inflation Banks as essential activities, manpower problem, effort to be made to put problem on national rather than D regional basis, discussed by ePcsits3 Pace_ shifts after war, brief discussion of ive committee: s°rPtion of exchange and collection charges, resolution expressing position of Council, possibility of asking for before next meeting Cred4 p, --At policy, discussion of methods of supplying reserves 'Ployees of FRBanks, applicability of Selective Service Act to Meeting with Board of Governors Meet-lng ue in March not to be held „ 1 eting with Board held April 7 eext meeting expected to be in July, no June meeting meeting on July 7, no objection by Board gduled for July 7 postponed Iti4; : %411.111e with Board to be held on October 6 mee ing with Board on October 6 m _ eLing with Board ,lext Postameeting to be held on January 5, 1944 ar monetary stabilization plans, to prepare memo presenting reasons for opposition to 8/ 2 1146 1/4 16 5/24 767 9/20 1373 9/2o 1383 5/24 766 11/15 1693 T i http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/24 1/6 770 36 1/6 1/6 2/15 4/7 5/24 6/8 6/3o 9/2o 10/ 6 12/ 7 12/ 7 31 29 249 526 770 860 987 1383 1469 1815 1823 9/20 1382 111 Pages Federal Ad c -visory Council: (Continued) litive committee: (Continued) Regulation Q, enforcement of, inquiries in connection with . . ruling on, no further action by Board Rene gotiation and cancellation of war contracts, termination loans, etc., discussed at meeting with Board Resolution re loans of $25,000 or less made by Smaller War Plants Corporation, adopted by, statement to be presented to Board with request that copies be sent to WPB and to Corporation Copies of resolution sent to Mr. Nelson and to members of board of directors of Smaller War Plants Corporation Spencer, Charles E., Jr., report of appointment as member of Sta bilization plans, discussion still at technical level, opposition to White and Keynes plans Surye r of bank deposits, by Securities and Exchange Commission, permission for refused by Budget Bureau Treasury bills, direct purchase to create excess reserves, unwise policy to pursue, position affirmed by Council members War loan deposit accounts, legislation suggested to eliminate assessment by FDIC against 17ar savings bonds, redemption of, question of charges for service ?I-nal s ettlement of terminated war contracts, revised resolution adopted by Federal Advisory Council and transmitted to Board, copies to be sent to warproper authorities P0111-th loan drive, formula to be used re investments in restricted bond issues by commercial banks carrying savings deposits, discussion of checks, reimbursement of Government for forged, need for limitation discussed G°v"nment securities, question of bank loan on brought up by Mr. Harrison Ina Stateowned, safekeeping by FRBanks UstrY, taxes and post-war adjustments, anticipation of and Manyl, education for, discussed by 14eXwer Problem at commercial banks, discussed at meeting Ite'ing with Board tketvi i ng with Board ueet7:ng to be held in Washington on September 19-21 meejng with Board tlee,.1?; 1-11 to be held in Washington on November 14-16 'lag with Board '''ernment http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/ 6 1473 10/ 6 1471 12/ 7 1820 12/ 7 1826 2/15 238 10/ 6 1473 10/ 6 1469 5/24 760 1/6 30 10/ 6 1470 11/16 1698 12/ 7 1815 11/15 1687 4/7 4/7 527 528 5/24 6/4 2/15 5/24 8/31 9/20 11/ 2 11/15 764 839 237 759 1261 1373 1604 1686 112 Pages Peder,,, 0.4 Advisory Council: (Continued) Mernbers: Brown, Edward E.: Absent from meeting because of illness Report of election as President Gifford, Ralph C., report of election as new member from St. Louis district • Harrison, George L.: Report of election as Vice President Statement re social security program, support by life insurance companies favored Spencer, Charles E., Jr., reappointed by FRBank of Boston for 1943 Wall Gace eorge M., absent from meeting because of illness Occu,„. currency, matter on which System has no responsibility, statement of Mr. Eccles Regul .monetary stabilization plans, discussion of ation Q, Payment of Interest on Deposits, absorption of exchange charges, discussion of progress re since publication of Board's ruling Reserves: increasing, methods of to be used jointly Sale of Treasury bills direct to FRBanks, suggestion of Chairman Eccles, not favored by Requirements, reduction in to provide more excess, no action at present, discussed by 8°urces, likelihood of existing situation in which all three might have to be used, statement by Mr. Ransom Savings bonds, discontinuance of Series F and G, and possibly modification of Series E, to be discussed with Servi_ e Chairman Eccles e charges at banks, increase discussed in connection with man power problem Small_ r ar Plants Corporation, guaranteed loans, authorization to make, discussion of, statement to be prepared by Council and submitted to Board for Letterstransmission to proper authorities in response to Board's letter transmitting copies of resolution re loans of $25,000 or less, So • copies sent to Mr. Lichtenstein clal se• curity program, representatives of insurance companies, study being made of ulllzati _on program of Treasury, central banks to have no control under, statement of Mr. Harrison Lichtenstein, Walter, report of election as Secretary nation loans upon cancellation of war contracts, discussion by http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/15 2/15 237 238 2/15 238 2/15 238 4/7 527 1/16 2/15 88 237 11/15 1692 9/20 1382 11/15 1691 4/7 530 4/7 531 5/24 761 5/24 762 5/24 770 2/15 244 11/15 1687 12/23 1963 4/7 526 4/7 531 2/15 238 9/20 1377 113 Pages Federal Advisory Council: (Continued) rmination loans: (Continued) To be considered at meeting with Board Resolution adopted, discussion as to whom it should be sent, Board in agreement with resolution Topi cs for discussion at next meeting, advice that Board has none to suggest at present Advice that Board has none to suggest at present T Advice that Board has none to suggest at present reasurY bills, direct purchase by FRBanks to create excess reserves, discussed Treas_ 'TY financing, discussion of offerings of new securities and of drives for bank and nonbank funds Treas, 'rY financing, future plans for drives, certificates in, and rates discussed by at meeting with Board War bonds, demand for partial-payment plan for purchase of seWar curities by insurance companies 10an deposit accounts, collateral, especially of smaller banks, discussed by War 1°an drives, separation of bank from nonbank financing War to be discussed with Chairman Eccles loans: Te 11/15 1687 11/15 1689 5/12 706 8/31 1261 11/ 2 1604 5/24 760 2/15 238 9/20 1384 4/7 529 5/24 761 5/24 770 G°Ifernment contracts, cancellation at end of war, procedure 5/24 for, discussed by Statement by Mr. Wiggins, President of the American Bankers Pecierai 11/15 Association, on guarantees for agricultural credit agencies, problem created by discussed by Federal Advisory Council at meeting with ?e(ierai 9/20 Board 13_reau of Investigation: 8/ 2 ' Mill r, William Francis, FRBank of Philadelphia, report re --ePner, ) Ben S., report requested on, and appointment to be 3/16 terminated if unfavorable 1Dernb rg, Hans J., junior economist in Division of Research and 4/6 Ei Statistics, report requested on -8enbe rg, Robert, junior economist, report requested on, and 3/5 services to be terminated if not favorable 41p10,.... ,Ye of Seattle Branch, report on, re membership in Young 11/16 Foa,t_ Communist League runo, Division of Research and Statistics, report re12/18 quested on Josef H., report to be made to Board, appointment to be 3/31 !slender terminated if report not favorable shause-, ii Horst, Division of Research and Statistics, re11/27 port requested on Ed Research ' ward V., Economic Specialist in Division of 10/ 6 and Statistics, report requested on 8Pilm„ report re letter Branch, Cynthia Elizabeth, Seattle on, and applicability of Executive Order 9300 11/26 to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 762 1688 1373 1143 387 517 345 1701 1932 478 1754 1465 1749 114 Pages Federal Bureau of Investigation: (Continued) dtettner, Walter F., report to be made to Board, services to 6/15 be terminated if report unsatisfactory Violata.'ons of banking laws by member banks, procedure for re3/10 porting Peder.s, A;!-Ls Deposit Insurance Corporation: orption of exchange charges, letter to Mr. Crowley on his 9/ 9 letter to Senator Wagner Albany Exchange National Bank and City National Bank of Albany, Georgia, unwilling to insure unless capital in4/13 advice not to withdraw from System Assessmentcreased, on deposits secured by obligations of United States, bill S. 986 to eliminate, report not to be made 5/12 but progress of bill to be watched Assessment on war loan deposit accounts for deposit insurance, 1/6 relief to be sought from Bank . Crowley 11/29 ng company legislation discussed with Mr. ,tleation of banks as members of FRSystem: 1/6 k,:,?-tizens Bank of Montana, Havre, Montana !''.1rst State Bank of Forest Park, Illinois 5/14 10/18 !!eights State Bank, Houston, Texas 7/ 1 42echan1cs and Farmers' Bank of Albany, New York available to 444nati0n reports, request for opinion on making ' 9/15 New York Clearing House Letter to Mr. Sproul that they should not be available to 11/23 New York Clearing House Association Exami. nations: Bank of Millen, Georgia, permission to examine for continu12/ 3 ance of insurance after withdrawal from System Central to granted Bank, Swainsboro, Georgia, permission examine for continuation of insurance after 9/30 from FRSystem Firstwithdrawal state for application Bank of Forest Park, Illinois, membership in FRSystem approved so as to open 5/11 for business as member bank Intere on cent per 1-1/2 reduction of maximum rates to time and savings deposits, further discussions 7/27 re to be held by Board representatives with Addit' 7/27 Plant lonal time for consideration requested by ers Bank & Trust Co., Thomaston, Alabama, request for examination to be deferred until definitely de3/31 cides to withdraw from FRSystem 5/12 Report lon IV, time and savings deposits, reduction of rate on s of examinations of member banks, confidentiality of, Savi 3/16 letter to Mr. Brown -4gs bonds, carrying of Series G at par, representatives to Staff: 12/28 confer with Board and Comptroller of Currency Barlow L. W., Supervising Examiner, payment for luncheon http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/ 8 889 360 1307 576 705 30 1760 27 718 1522 996 1353 1729 1806 1443 698 1107 1113 480 709 389 1986 542 115 Pages Pederal Deposit Insurance Corporation: (Continued) Staff: (Continued) McLeod, R. N., Review Examiner, payment for luncheon approved War loans, bill re assessment and reserves, discussion of by Messrs. Ransom, Crowley, and Chairman Steagall Federal D -cam Mortgage Corporation, H. R. 2427 to extend authority of Land Bank Commissioner to make farm mortgage loans, letter to Senator Wagner that there is now no need for Letter to Federal Bureau of the Budget on bill nome Loan Bank Act, amendment suggested to provide for buying and sale of securities by FRBanks, not Pede favored by Board raj. Home Loan Bank Administration, examining procedure, letter Fedora to Mr. Fahey on economies effected 1 Hame Loan Banks: ement of Regulation W, letter on cooperation in Nte P°sed amendment to act, report of S. 756 and S. 757 rel Reports Act of 1943, memo of Mr. Shay on application to FRSystem it Section 22(g): C'untY Trust Company of Maryland, Cambridge, Md., vice presidents regarded as executive officers under PRA Title II loan on home of assistant cashier now in military service, question of member bank taking over, not in violation of, if officer does not participate in operating management of bank, letter to FRBank of Minneapolis (See al 'so gents: Legislation) 4/ 8 542 3/16 382 6/ 2 6/19 832 913 5/25 774 7/16 1064 2/ 8 6/ 7 201 853 1/14 80 8/21 1228 9/23 1409 Assistant: 1eY, J. M., FRBank of Dallas, salary approved 141°ck, Robert W., FRBank of New York, appointment as alternate to be terminated upon transfer to Bank Examinations Department Co °Per, Norman C., Alternate at FRBank of New York, salary approved Dipri„ ' -ugs, John William, alternate at FRBank of Dallas, appointment and salary approved a Bond of rn°n, Joseph H. P., FRBank of New York, appointment as alternate and salary approved Bond of /I http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/13 1199 1/23 116 1/23 116 3/27 4/24 444 621 1/23 2/4 116 185 116 Pages PRAg?nts: (Continued) uant: (Continued) Morrissey, Clifford E., Alternate at FRBank of Boston, 1/6 salary approved York, New of FRBank ReYnolds, Mrs. Edna K., alternate at 1/23 appointment and salary approved 2/4 Bond of Saunders, Caldwell Jefferson, FRBank of Dallas, alternate, 3/27 appointment and salary approved 4/24 Bond of , Salary approved 8/13 designation Boston, °awYer, Dana D., alternate at FRBank of 1/4 canceled Scanlon, Charles J., alternate, increase in salary approved 4/30 Schelling, Carl, FRBank of Chicago, increase in salary ap4/30 proved Segelhurst, Thomas A., alternate at FRBank of Dallas, 3/27 duties to be terminated as Self, Kenneth B., alternate at FRBank of Kansas City, salary increase approved, but should have been 4/ 5 submitted for prior approval Smith, -it, Minnie, alternate at FRBank of St. Louis, appoint3/10 ment and salary approved 3/24 Bond approved Francisco, San of FRBank Stone,o Philip U., alternate at salary increase approved but should have been 3/20 submitted for prior approval ,, Salary approved 12/11 Inaxton, E. A., alternate at FRBank of Dallas, duties to 3/27 be terminated as 12/11 \Tolbers W. F., FRBank of San Francisco, salary approved 4ehner, Edward A., alternate at FRBank of St. Louis, salary 9/28 approved Bonds ) to be renewed every four years, letter to FRBank of St. 12/18 Louis 12/27 8rai!.dvice to all FRAgents “ard, George C., FRBank of Cleveland, redesignated for 1944 ealdw Corr ell, R. B., FRBank of Kansas City, redesignated for 1944 . C., FRBank of Minneapolis, redesignated for 19441 Grealghton, Albert M., FRBank of Boston, redesignated for 1944 Henry F., FRBank of San Francisco, redesignated for 1944 r, Robert, FRBank of Richmond, redesignated for tt Lela ,er, ' 1s1 , Simeon E., FRBank of Chicago, redesignated for Ike: -ye, Thomas B., FRBank of Philadelphia, redesignated for Nard. 1944 In, William T., FRBank of St. Louis, redesignated for 1944 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/10 12/10 12/10 12/10 25 116 185 444 621 1199 15 648 648 444 500 356 424 418 1855 444 1855 1438 1938 1982 1845 1845 1845 1845 12/10 1845 12/10 1845 12/10 1845 12/10 1845 12/10 1845 117 Pages FRAgents: N_ eely, (Continued) Frank H., PRBank of Atlanta, redesignated for 1944 Redesignation for 1944 11111, Beardsley, FRBank of New York, redesignated for 1944 FRBank of Dallas, redesignated for 1944 Resignation d expected because of demands of service in designate be to Parten U. S. Army, Mr. J. R. Chairman and FRAgent at that time gerts, presenta Re: Bagby, T. Wesley, Charlotte Branch, salary approved Be. Salary increase approved ii,2ard, O. H., Salt Lake City Branch, salary approved G7", John A., Houston Branch, salary approved Los Angeles Branch, salary approved "clschmid, Jack P., Memphis Branch, salary approved Salary approved Go 1 Resignation effective August 2 C. P., San Antonio Branch, resignation, advice reones,quested on Everett D., Detroit Branch, appointment approved La Bond of reen, LeRoy, Salt Lake City Branch, appointment and salary approved 4, Benci of "1/ John A., Little Rock Branch, salary approved par„ approved 1, Garland H., Louisville Branch, salary approved Sala pettk ry approved Raetl,e, August J., Detroit Branch, salary approved er, Lawrence B., Detroit Branch, salary approved "esignation of, advice as to release of bonding company requested Ritzei / Carl, Memphis Branch, appointment and salary approved Bond of ay- approved t0 G. W., San Antonio Branch, appointment and salary opproved BonA approve kenea arY approved rL, Adolph C., Baltimore Branch, appointment and salary approved Bond of Zirro : alarY increase approved Baltimore Branch, resignation, advice retank e Quested on Ikeej°n°mists: -rig t0 be held in Washington on October 18, 1943, following meeting of Federal Open Market Committee http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/10 12/10 12/10 12/10 1845 1844 1845 1845 12/15 1905 6/23 12/17 922 1926 1/4 15 8/13 1199 15 1/4 1/27 151 7/ 5 1015 7/14 1053 7/13 1048 12/15 1915 12/30 2012 8/16 9/16 1/27 12/17 1/27 12/17 2/9 2/9 1206 1355 151 1927 151 1927 204 204 12/15 7/14 8/ 3 12/17 1916 1053 1154 1927 7/13 1048 7/22 1080 8/13 1199 6/1 829 841 12/17 1926 6/5 6/i 829 9/ 3 1275 118 Pages Filbank notes: 411 to repeal section of FRAct on issuance, letter to Senator Wagner on S. 658 Is enance of existing stock, FRBank of Minneapolis, recommended by Board Memo of Mr. Goldenweiser on criticism of issue distributed to Presidents Re,2.1I, liesion of reference from policy record approved e-a-1- of authority of FRAct to issue, bill S. 658 being introduced by Senator Taft, draft in course of FRB preparation An ?f Atlanta: t°r) statement of principles of relationship, letter to Mr. Neely on action of directors Re lationship of Reserve Bank, in accord with resolutions adopted at Conference of Chairmen ° J-rication of banks for electoral purposes, change in nation of fiscal agency operations of RFC by Budget Examiners, letter from Mr. Wayne Coy RegY to Mr. Coy and letter to FRBanks nation report, copy left for information of officers and directors, advice and comments requested by Board ctes) supplemental order for printing TIPplemental order for printing s1-113plemental order for printing T1Pplemental order for printing , pise llPPlemental order for printing al agency operations at branches, letter to Mr. McLarin on decentralization Inclebtedness of officers and employees, procedure for reporting, advice as to further actions taken, requested Itidustrlal • advances, charge-off or reserve on, procedure for crediting recoveries to surplus strict time schedules, changes approved '2nnel classification plan: Increases in maximum annual salaries approved, with slight changes in salary for Messenger A Changes approved, except change in maximum salary at Birmingham Branch approved at less than recommended Iiproc Changes approved edure for Reporting Indebtedness of Reserve Bank Officers and Employees", advice as to action taken on requested http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/20 277 5/25 773 1/26 2/19 128 274 2/11 220 3/26 436 5/22 749 9/ 4 1283 3/30 4/6 469 522 5/19 737 1/30 166 5/ 4 663 8/14 1203 10/29 1575 12/21 1953 2/13 236 5/22 750 12/30 2019 6/3 836 3/27 442 7/ 6 1019 7/28 1118 3/26 436 119 Pages FRaaro, ;of Atlanta: (Continued) gional economic studies, amount set aside as special fund for work and employment of Mr. George W. Simons, ReserveJr., on per diem basis in connection with D _ for contingencies, transfer from surplus authorized `'..erves for losses on industrial advances and commitments increased Salari es of employees as of January 1, no objection by Board sal4-aries, officers, approved for 1943, officers in military service returning during year to be paid at period beginning with return to Bank and ending May 1944 Staff: 1/13 74 12/24 1968 12/24 1967 4/3 494 6/17 899 Barber, Ernest James, appointment as FRExaminer approved 12/ 4 1809 Bennett, J. Gordon, designation as special assistant exam4/5 499 iner approved Bovmmn, V. K., Assistant Vice President, salary for 1943 6/17 900 approved BrJtran, salary for President, Malcolm H., First Vice 1943 6/17 900 approved Cam P, C. R., Assistant Vice President, salary for 1943 ap6/17 900 proved Clark, L. M., Vice President, salary for 1943 approved 6/17 900 6/17 900 /.)°!,Iniff, H. F., Vice President, salary for 1943 approved a-Lton, Robert T., designation as special assistant exam4/5 499 iner approved Denm. ---rA, J. E., General Auditor, granted leave to enter 605 4/19 armed services 6/17 900 Salary for 1943 approved, now in military service Ford, Mason, designation as special assistant examiner ap499 4/5 proved Laney, Levings, designation as special assistant examiner 499 4/5 j.approved McCrav R., Jr., Assistant Vice President, (temporarily serving as Acting Cashier at New Orleans Branch), 6/17 900 salary for 1943 approved Me • 6/17 900 u -arIn, W. S., Jr., President, salary for 1943 approved ' edlock, G. C., designation as special assistant examiner 4/5 499 approved Mo rgan, William B., designation as special assistant exami4/5 499 ner approved NeelY, Frank119Iu Chairman and FRAgent, redesignated for 12/10 1845 PIA( --e, Winslow E., Acting General Auditor, appointment and 4/19 605 salary approved 6/17 900 Salary for 1943 approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 120 Pages 111Bank st al Atlanta: (Continued) aff: (Continued) Reese, Justin M., name to be eliminated from roster of special assistant examiners Schuessler, S. P., Assistant Vice President, salary for 1943 approved Shaw, M M. L., on special assignment as Acting Assistant Vice President, salary for 1943 approved She--Y, Ai Burrell M., designation as special assistant examiner approved Simons, George W., Jr., employed at per diem salary for work on regional economic studies Stitt, Durrell, designation as special assistant examiner approved Turman, J. P., Counsel, salary for 1943 approved Webb, G. D., designation as special assistant examiner approved Wofford, A. designation as special assistant examiner G" Nank approved A 4/5 499 6/17 900 6/17 900 4/ 7 535 1/13 74 4/5 6/17 499 900 4/5 499 4/5 499 °f Boston: Or, responsible to board of directors and not considered 9/ 7 executive officer, letter to Mr. Creighton Barao'Lig quarters, purchase of two parcels of real estate adjacent to premises of bank, approved, with certain recommendations, Mr. Morrill to advise Mr. 12/15 Creighton re 12/29 /1.upraisal satisfactory or legal services in recent court action not approved and present arrangement of legal services at 2/11 bank to be reviewed Charge °ff on building site and special addition to reserve 12/24 for bank building authorized tkanni,, on report as of December 1, 1942, copy left for information of officers and directors and special 1/30 attention called to comments ation, report to be discussed by Messrs. Eccles, Szymczak, 10/26 and Millard at meeting of board of directors otes 1/30 suPplemental order for printing 9/1 114PPlemental order for printing edness of officers and employees, procedure for report5/10 ing, further advice as to actions on requested ReP y Maziar, 6/5 to Mr. Creighton on cooperation with plan c=.ement and personnel situation, memo prepared by Mr. Morrill 10/26 re u Sta 10/26 -teetin tement by Mr. Millard and discussion of g of Messrs. Szymczak and Eccles with directors of, pro11/29 cedure discussed http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1296 1906 2009 223 1966 165 1556 166 1271 691 844 1552 1552-5 1785 121 Pages N3 ,_ auK Of Boston: (Continued) fficsrs for 1943, advice of reappointment of 'artioipation in foreign accounts, statement of Mr. Paddock on , Participation after revision of Regulation N rerscmnel classification plan: Changes approved Change involving establishment of position of Research Analyst, Statistical Department and maximum annual salary approved Pere °nnel conditions, to be considered at meeting of Board on October 26 al estate purchase, appraisal satisfactory 13°Pt of auditor for month of December disclosing unsatisfactory conditions, letter to Chairman for advice as to action on Research Reserve department to be built up, memo from MT. Goldenweiser Ree ' rve for contingencies, transfer from surplus authorized erves for losses on industrial advances and commitments decreased sal;Ltes of employees, noted without objection saia'?ss, officers, for 1943 approved staj 1,-ss, question of scale 8tat4tization plans, meeting with Dr. White re, cancelled 2 % Aborn, 87 1/16 6/29 968 7/ 2 1005 1/26 145 4/22 614 10/22 1541 12/29 2009 2/10 214 3/30 475 12/24 1968 12/24 1967 3/27 440 5/29 809 10/26 1555 10/ 6 1475 Milton C., designation as special assistant examiner approved Atkinson, H. Leland, designation as special assistant examiner approved Be Berge Ansgar R., Assistant Counsel, salary for 1943 apBoyaproved •• Jlan, Karnig, designation as special assistant examiner approved Ca • rrlok, K., Vice President, Secretary and General Counsel, salary for 1943 approved Increase in salary not approved c Retirement of, suggestion re meeting situation at bank °11118e1, present arrangement not to be continued and whole situation with respect to counsel to be reviewed Ors lghton, Albert M., Chairman and FRAgent, redesignated for 1944 Di p„ ore, Leo A., designation as special assistant examiner approved Doh , erLY, Harris B., designation as special assistant examiner approved bre), 4_, 'eub, Eldon F., designation as special assistant examiner approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/20 611 4/20 611 8/ 5 1157 11/13 1680 5/29 809 9/18 1365 10/26 1555 1/19 96 12/10 1845 4/20 611 11/13 1680 4/20 611 122 Pages Nal-1k of Boston: (Continued) Sta. ff: (Continued) Fogg, John J., Examiner, outside business activities, effectiveness of work as auditor not impaired by Salary for 1943 approved nadleY, Warren K., designation as special assistant examiner approved Hamel, Philip B., Assistant Exminer, appointment approved -, HarveY Robert B., Assistant Cashier, salary for 1943 approved, change in title effective June 1 Hult, Ellis G., Vice President, salary for 1943 approved Hunter, John C., Cashier, salary for 1943 approved, change in title effective June I Kennel, Archie C., Jr., Assistant Counsel, salary for 1943 approved Ketchum, Phillips, Associate Counsel: Advice of reappointment for 1943 Bill for service in connection with case of Howard W. Ford vs. C. E. Wilson & Company, Inc., considered excessive and payment not approved, entire arrangement of bank as to counsel to be reviewed Bill for legal services not approved and letter to FRBank of Boston on arrangement Bill for service in connection with case of Ford vs. C. E. Wilson & Co., Inc., not to be approved until after bill for all services to April 30 submitted Bill for services in case of Ford vs. Wilson and for work prior to termination of services, payment approved Retention not to be approved after April 30 Services to be terminated, bill for all services through April 30 to be submitted Kilderry, John F., designation as special assistant examiner approved Lane, Jasper A., designation as special assistant examiner approved LY1e, Robert, designation as special assistant examiner approved Ilartin, Edward, designation as special assistant examiner approved cRae, William D., Chief Examiner, advice of reappointment and salary for 1943, approval of salary by Board not necessary liorrissey, Clifford E., Alternate Assistant FRAgent, salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/12 5/29 876 809 4/20 5/21 611 746 5/29 5/29 809 809 5/29 809 5/29 809 1/16 87 1/19 96 2/11 223 3/30 463 7/ 2 1003 463 3/30 4/6 519 4/20 611 4/20 611 4/20 611 4/20 611 1/16 87 1/6 25 123 Pages Nani, of Boston: (Continued) (Continued) Murphy, Edward R., Assistant Cashier, salary for 1943 ap5/29 proved Mute, Kenneth M., designation as special assistant examiner 4/20 approved 5/29 Paddock, W. W., President, salary for 1943 approved at bank 10/26 Retirement of, suggestion re meeting situation Pitman, Carl B., Vice President, salary for 1943 approved, 5/29 change in title effective June 1 examiassistant Reegan, William V., designation as special 4/20 ner approved assistant Reit-, Charles P., Jr., designation as special 4/20 examiner approved Robertson, Robert C., Jr., Assistant Examiner, resumption 1/18 of duties because of rejection by Armed forces Rupert, Stanley, designation as special assistant examiner 4/20 Sawyer, Dana D., Alternate Assistant FRAgent, designation 1/ 4 canceled • 5/29 Sem-4 .4alkjer, Oscar A., Counsel, salary for 1943 approved Sellers, Lester H., Assistant Examiner, appointment ap2/13 proved and indebtedness to be reduced Strong, E. W., designation as special assistant examiner ap11/13 proved Suil. -Javan, John F., designation as special assistant exami4/20 ner approved ,Yrer, Lloyd P., Assistant Examiner, appointment approved 'an Amringe, Roy F., Assistant Cashier, salary for 1943 ap4/15 5/29 proved First Vice President, salary for 1943 ' NaTik 5/29 approved °f Chicago: -at* deposits, information re, requested by Securities and Exchange Commission, for use in study of infla9/20 tion krlaws, Federal on representative amendments on election of Open Market Committee, signing of stock certificates and number of directors of Detroit 1/ 2 Branch 44PlOy-ee3 advice for, of aid program studying for improvement, 10/27 progress requested by Board nati°n, copyasoftoreport directors, of information left for 8/19 requested by Board comments advice and Not, _es 3 ___ 1/30 upplemental order for printing /nte,,2plemental order for printing of 11/15 'Q-strict time schedule, change in approved by Board if agreeable to FRBanks of Atlanta and Kansas 3/31 City Cli nges approved 4/12 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 809 611 809 1555 809 611 611 92 611 15 809 233 1680 611 591 809 809 1383 11 1564 1216 166 1696 482 565 124 Pages Papn,„0. of Chicago: (Continued) Meyer, Austrian & Platt, employment as special counsel 6/ 5 in tax matter approved +• au'on of copper plate bearing signature of Alfred T. Sihler, Vice President, Mr. DeLaMater designated to 4/27 represent in Perso_ nnel classification plan: Changes approved and proposed changes in maximum annual salaries referred back for review and appropriate 1/12 handling Changes approved 2/ 1 Changes covering establishment of new positions and dis4/29 continuance of others, approved Maximum annual salaries, no increases because of Executive Order of April 8, 1943, new position of secre4/29 tary to President discussed informally Changes approved 6/5 Changes approved, with exception of establishment of position of Senior Clerk in Filing Unit of Regis7/16 tered Surrenders Division Changes Department Custody Bond War involving creation of 7/19 approved Change Bond Depart in position involving establishment of 7/21 ment approved 7/28 for position of elevator operator approved Increases in maximum annual salaries for positions in cafe/21 teria approved Changes for position of Elevator Starter approved Change 8/14 involving establishment of new positions approved tstablishment of position of Secretary to President and 8/10 salary approved ease in maximum annual salary of charwoman approved 9/15 Chang, 9/21 -es involving establishment of positions approved Changes involving establishment of positions in 1\ithheld 11/12 Tax Department approved Change anges involving establishment of five positions in War 11/15 r:lorretccli Custody Department approved 2!ilanges app 12/ 4 Changes approved, with exception of change in title of 12/ 8 Assistant to General Counsel ve8 for Contingencies, transfer of money from Undivided Profits to, to be deferred until final action 6/ 5 on report by Insurance Committee Tra 8aNce nsfer from surplus authorized 12/24 ePing of Treasury bills for others than banks, matter re8/20 ferred to Presidents' Conference 71 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 841 632 63 173 643 643 842 1062 1070 1076 1119 115 1.8 4 1202 1182 1351 1387 1671 1695 1809 1830 850 1968 1224 125 Pages /Ilk* of Chicago: (Continued) uc,alaries, employees, noted without objection ' 3alaries of officers for 1943, list submitted including some increases, will be reviewed in March Salaries officers, approved for 1943 Staff: ' 4/30 648 1/26 4/8 145 540 Assistant Counsel, position considered an official position 12/ 8 , achman, W. C., Assistant Vice President, salary approved 4/8 for 1943 Beeler, Joseph, Jr., designation as special assistant 8/27 FRExaminer approved apexaminer Bell, Jack, designation as special assistant 11/ 6 A., proved apexaminer Binder, designation as special assistant 11/ 6 proved 4/8 Black, Cashier, salaryapproved for 1943 examiner l, cteiA1 designation as special assistant 11/ 6 approved 2/23 examiner Buell, Harris C., designated special assistant , Appointment as assistant examiner approved 10/ 7 Burke, Eugene Irving, Jr., designated special assistant ex6/5 aminer 10/ 7 t Appointment as assistant examiner approved ueeY, Donald R., designation as special assistant examiner 11/27 approved Buster, James S., appointment as assistant examiner ap1/21 proved Carroll, Phil C., Assistant Cashier, salary approved 1/26 4/ 8 Salary approved Condon, James R. Head Printer, salary, noted without ob4/30 jection 0 oPpedge, Otis Brown, appointment as assistant examiner ap5/15 Clllen,proved J. H., designation as special assistant examiner ap11/ 6 proved Da wes, Neil B., Assistant Vice President, salary approved 4/8 for 1943 Dierck s, W. R., Assistant Vice President, salary approved 4/8 for 1943 Dia lard, James H., Vice President, salary approved for 4/8 1943 --n, Charles B., Vice President and General Counsel, sal4/8 ary approved for 1943 4/8 Erldree, John J., auditor, salary approved for 1943 10/30 G Salary approved albraith, Francis, designation as special assistant exam11/ 6 iner approved 1830 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 540 1251 1649 1649 540 1649 293 1479 841 1479 1755 103 145 540 648 721 1649 540 540 540 540 540 1583 1649 126 Pages PR13a,,,L. or Chicago: (Continued) 'ail': (Continued) Garver, Walter B., question of attendance at United Nations Food Conference Glassford, A., designation as special assistant examiner approved Green, J., designation as special assistant examiner approved Harris, Ernest C., Vice President, salary approved for 1943 Heath, Edward A., Assistant Cashier, salary approved Helmer, Hugh J., Exaniner, appointment approved, information re indebtedness and outside business connections requested Hodge, Paul C., Assistant Counsel and Assistant Secretary, salary approved for 1943 Salary approved as Assistant General Counsel Holt, Robert N., employment as special counsel in tax matter Hopkins, Walter A., Assistant Cashier, salary approved for 1943 Jones, Everett D., designation as special assistant examiner approved 4/13 573 ii/ 6 1649 11/ 6 1649 4/8 540 10/14 1539 10/30 1582 4/8 540 11/12 1670 6/5 841 4/8 540 la/ 6 1649 Jones, L. H., services to be loaned to assist in examination of Axton-Fisher Company of Louisville, Kentucky, in connection with examination of Transamerica Corporation Salary approved Designation as special examiner approved "amrath, Clarence A., special assistant examiner, designation approved KOeller, Edward A., designation as special assistant FRExaminer approved Lail.,1 Clarence T., Assistant Cashier, salary approved Salary approved for 1943 Salary increase approved La ngllm, John K., Assistant Vice President, salary approved for 1943, but less than recommended Leescr, a C., designation as special assistant examiner approved Leland, Simeon F., Chairman and FRAgent redesignated for 1944 Lientz, Keefer, designation as special assistant examiner approved Lie-, 0 Mark A., Assistant Cashier, salary approved for 1943 Lindsten, F. A., Assistant Cashier, salary approved for 1943 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/21 1077 10/14 1509 11/ 4 1637 1/20 99 8/27 1251 1/26 145 4/8 540 7/29 1124 4/8 540 11/ 6 1649 12/10 1845 10/ 1 1448 4/8 540 4/8 540 127 Pages k of %.,11.1cago: (Continued) 'aft: (Continued) Lynch, Matthew F., formerly assistant examiner, appointment as examiner approved Martindale, Allan Howard Frazer, Assistant Examiner, appointment approved Appointment as examiner approved 1 Cune, Fred J., appointment as examiner approved Meyer,'4 Louis G., Assistant Cashier, salary approved for 5/8 686 8/25 1243 11/15 1694 2/25 300 4/8 540 1943 7/29 1124 Salary for 1943 approved Mills, Walter, designation as special assistant examiner 11/ 6 1649 approved 4/8 for approved 540 1943 Mulroney, A. J., Vice President, salary Netterstrom, 0. J., Assistant Vice President, salary ap4/8 540 proved for 1943 11/12 1670 Salary approved 1/26 145 Officers reelected for 1943, notice of approved salary President, Olson, Arthur L., Assistant Vice 4/8 540 for 1943 Petersen, Ingolf, Assistant Cashier, salary approved for 4/8 540 1943 examiner assistant lumb, Samuel W., designation as special 11/27 1755 approved ,4. approved salary Pre8‘ on, Howard P., First Vice President, 4/8 540 for 1943 adimprovement, r°gram of aid for employees studying for 10/27 1564 vice as to progress requested by Board P • approved salary urrington, Franklin, Assistant Cashier, 4/8 540 for 1943 11/12 1670 , Salary approved as Assistant Vice President Ae ntenbach, G., designation as special assistant examiner 11/ 6 1649 approved Rickel, W. G., designation as special assistant examiner 11/ 6 1649 approved Roberts, Jesse G., Assistant Cashier, salary approved for 4/8 540 1943 Sal+ 'nes, Carl M., Assistant Cashier, salary approved for 4/8 540 1943 Charles J., Alternate Assistant FRAgent, increase 648 4/30 in salary approved Schelling, Carl, Assistant FRAgent, increase in salary ap4/30 648 proved hinn, John A., formerly assistant examiner, appointment 5/8 686 as examiner approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 128 Pages of Chicago: (Continued) Staff: (Continued) abler, Alfred T., Vice President, mutilation of plate bearing signature of, Mr. DeLaMater to represent FRBank Salary approved for 1943 Sisto, Vito, dishwasher, salary noted without objection Turner, W. IN., Assistant Vice President, salary approved Salary approved for 1943 Wishart, Harvey J., formerly assistant examiner, appointment as examiner approved Yloelkers, Norbert, designation as special assistant examiner approved Young, C. S., President: Present at meeting of Board Salary approved for 1943 Young, Ralph E., designation as special assistant examiner approved Appointment as examiner approved 814.ve Ys cgi Paper industry and packing industry made by research ?R13kv. department of Cleveland: '41ch banks, Assistant Auditor, no objection to use as title for auditor's representatives Chai rrnen and directors, duties, responsibilities, relationship to Board and to directors of FRBranch banks, statement by Board to be sent to Ohar, be u,0 profit and loss balance remaining in "Cincinnati Branch banking quarters" account Char—. 019.86 -off on industrial advance approved contslfication of banks for electoral purposes, change in r°1 and issuance of depositary receipts, omission of prefix numbers for Branches noted, explanation of plans requested by Board 11111ination of, copy of report left for information of officers and directors, advice and comments requested by Board otes , supplemental order for printing 4/27 4/8 4/30 1/26 4/ 8 632 540 648 145 540 5/8 686 11/ 6 1649 6/30 4/8 982 540 3/27 5/27 443 792 1/26 137 12/31 2022 6/5 845 12/24 1967 12/24 1967 9/ 4 1283 7/12 1044 3/5 1/30 345 166 ess of officers and employees, procedure for reporting, 5/10 693 further advice as to actions in requested Letter to Mr. Brainard that procedure for reporting is in 6/5 845 liteet4 conformity with plan schedule 'ng of executive officers of banks in district, requested and attendance of Mr. Thurston sug11/30 1798 gested Ort4 . 1 committee and discussed Personnel, proposed changes 2/11 218 of directors to meet with Board on February 22 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 129 Pages kank of Cleveland: (Continued) °facial personnel: (Continued) Special committee of directors present at meeting of Board to discuss Pe rsonnel classification plan: Changes approved Change-, reduction in maximum annul salary of senior economist, approved Changes approved Changes approved Changes involving increase in maximum annual salaries for positions in Check Department approved Regi °nal program for economic studies, proposals in connection with, approved Reim.• -lonship of Reserve Bank Auditors, procedure in accord with principles suggested Letter to Mr. Brainard that procedure is in accord with Statement of Principles Resew._ sea ive for contingencies, transfer from surplus authorized Salaries, employees, noted without objection aries of officers approved through June 30, 1943 ,, Approved for ot,aff: 1943 Arncad, C. W., Vice President, salary increase or separation allowance in case of retirement this year, not approved by Board 8, Payment of separation allowance approved ,-Lake, Howard, Examiner, appointment approved zolthouse, C. J., Assistant Cashier, salary for 1943 a/Dproved B • ralnard, George C., Chairman and FRAgent, redesignated for 1944 Carter, E. A., Assistant Vice President, salary for 1943 approved Clouse, Roger R., Secretary, salary approved for 1943, to serve also as an attorney for Bank 0 °Ilnsel, ruling on installment loans to retire installment loans by other lenders under Regulation W Cur ro, Charles, designated special assistant examiner ..ckert, Phil, designated special assistant examiner Fc.lelen, W. L., designated special assistant examiner lndeisen, W. L., Assistant Cashier, salary for 1943 approved First Vice President, proposed appointment after retirement of Mr. Zurlinden --umg, M. J., President: Plan to retire around middle of next year reported Possible retirement and discussion of successor http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/22 279 3/12 364 3/25 432 5/7 676 8/30 1256 11/ 3 1624 1/20 100 5/10 693 6/ 5 845 12/24 1968 665 5/5 405 3/18 6/25 938 5/6 671 6/25 940 9/25 1424 6/25 939 12/10 1845 6/25 939 6/22 919 3/10 358 9/ 4 1281 2/18 267 9/ 4 1281 6/25 939 2/11 217 2/11 2/22 217 279 130 Pages PRBank st of Cleveland: (Continued) 6aff: (Continued) Fleming, M. J., President: (Continued) Present at meeting of Board to consider revision of Retirement System Salary for 1943 approved Pletcher, W. H., Vice President, salary approved for 1943 Prede, George, designated special assistant examiner Fuller, William C., appointment as assistant examiner approved Fulton, W. H., Assistant Vice President, salary for 1943 approved Gale, Florence, secretary, transfer to new position and salary in excess of maximum approved Gladden, Cyril R., Assistant Examiner, appointment approved 9oudreau, C., designated special assistant examiner . 11"ays0n, F. V., Auditor, salary for 1943 approved tiarrell, C., Assistant Cashier, salary for 1943 approved HaYs, R. D.: Mentioned as future possibility for president, Board not willing to approve but may approve appointment as first vice president and will approve adjustment in salary as vice president Discussion by Committee of Directors of FRBank on possible appointment as president or first vice president Informal agreement on selection as First Vice President and salary Appointment as First Vice President for unexpired portion of term approved Salary for 1943 approved Present at meeting of Board to consider revision of Retirement System He Ralph, designated special assistant examiner i l c4Ilans, Alan, designated special assistant examiner 4ehres, Frank B., designation as special assistant examiner approved APpointment as assistant examiner approved 4reider, Don L., appointment as assistant examiner approved Walter, designated special assistant examiner -afling, A. H., Vice President and Cashier, salary for 1943 approved with substantial increase Maeu Alenzie, K. H., Vice President, salary for 1943 approved 'arsh, Howard, name to be removed from roster of special assistant examiners http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/11 1187 6/25 939 6/25 939 9/ 4 1281 10/27 1563 6/25 939 8/25 1243 4/20 611 2/18 266 6/25 939 6/25 939 2/11 217 2/22 279 2/22 285 5/19 6/25 735 939 8/11 1187 9/ 4 1281 2/18 267 9/24 1412 11/ 6 1648 5/18 731 9/ 4 1281 6/25 6/25 939 939 9/ 4 1281 131 Pages PP(1„ of r Cleveland: (Continued) 'aril: (Continued) Millard, E. R., question of employment of Morrison, W. M., Assistant Cashier, salary for 1943 approved Motz, Arnold, name to be removed from roster of special assistant examiners Myers, Tilliam I., mentioned as possibility for appointment as President Suggested as type of man for President of FRBank Oettinger, Richard, name to be removed from roster of special assistant examiners Overtime payments to "exempt" employees, in accordance with formula, to begin June 4 President, possibilities for appointment after proposed retirement of Mr. Fleming Messrs. Sproul, Williams, Bell, and Taylor suggested as type of men to be considered for appointment as President of Bank P Promotions noted by Board Quast, George T., Examiner, appointment approved, formerly assistant Ransom, Reno P., appointment as examiner approved ,Iestel, Arthur E., Examiner, appointment approved qobbins, Sally, secretary, transfer to new position and salin excess of maximum approved Root, G. L.,aryRO designated special assistant examiner ,S,chmitz, A., designated special assistant examiner omith, H. E. J., Assistant Vice President, salary for 1943 approved Smith 84 -, Robert L., designated special assistant examiner s'th, W. R., designated special assistant examiner quire, Sanders, and Dempsey, payment of fee for May 1 June 30 approved Bills in connection with war loans, payment approved Payment of retainer fee for 1943 approved Payment of fees for services in connection with Regulations V and IV, approved Pees in connection with war loans, payment approved Payment of bills in connection with war loans and Retirement System approved as examiner approved provedlbg, Paul C., appointment Stroud, E. B., mentioned as possibility for appointment as president Suggested as type of man to be considered for presidency Su Pplementa1 compensation to employees, discontinuance of payment, regulation re http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/25 1418 6/25 939 9/ 4 1281 2/11 219 2/22 282 9/ 4 1281 6/30 987 2/11 218 2/22 5/19 284 735 4/19 605 4/12 562 9/25 1424 8/25 1243 2/18 267 2/18 266 6/25 2/18 2/18 939 267 267 4/17 4/29 6/25 599 643 939 7/ 9 1028 11/27 1757 12/22 1956 5/18 731 2/11 219 2/22 283 9/ 4 1281 132 Pages kph,. s, A. Cleveland: (Continued) 6a1T: (Continued) Swedersky, (Smerdeski), Walter, name to be removed from roster of special assistant examiners TaYlor, W. F., Vice President, salary for 1943 approved Vice President, appointment of additional discussed Suggestion of Mr. Brainard that two new men be added as Volz, C., designated special assistant examiner Wadsworth, A. W., designated special assistant examiner Walsh, J. B., designated special assistant examiner Wilczewski, Alois, designation as special assistant examiner approved Winter, A., designated special assistant examiner Winter, Alfred W., Assistant Examiner, appointment approved and indebtedness to be liquidated Z urlinden, F. J., First Vice President, to retire in near future because of poor health Desire to retire because of ill health, report of Mr. Brainard on discussion with Informal agreement that he should be retired promptly Retirement from active service to be on June 30, 1943 Paymez4ofnt of separation allowance approved get) revision for statistical and analytical function approved 134-aoir8) amendment providing for executive committee composed exclusively of directors approved „ --lation of, copy of report left for information of officers and directors, advice and comments requested Not , es) supplemental order for printing '11Pplemental order for printing IlidefaPplemental order for printing utedness of FRBank Officers and Employees, procedure for reporting, advice requested on further actions Proc trlt„. edure for reporting, no objection to perrl time schedule, changes approved c nel classification plan: Changes approved e "4rIge involving establishment of position in Fiscal Agency Department approved Cha, Reiat, nge involving establishment of new position approved lonship of Reserve Bank Auditors, Statement of Principles Rese adopted ! v fo contingencies, transfer from surplus authorized Reaj -1"ions adopted at Conference of Chairmen on October 5, letter to Mr. Cozzo on actions taken on http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 4 1281 939 6/25 2/11 218 2/22 2/18 280 267 2/18 266 9/ 4 1281 11/ 4 1637 2/18 266 2/24 296 2/11 217 2/22 2/22 5/19 279 285 6/25 735 940 11/ 5 1647 2/25 301 4/28 635 1/30 166 7/12 1045 9/13 1338 3/19 5/10 5/26 409 695 788 2/20 277 7/28 1120 8/14 1202 695 5/10 12/24 1968 3/19 409 133 Pages PRB ank of Dallas: (Continued) Salaries: Employees noted without objection Officers, noted without objection for 14 months period Approved for 1943 Personnel of FRAgent's Department, approved Star f: Armstrong, Clay 17" appointment as examiner approved Ashley, J. M., Assistant FRAgent, salary approved Clark, Sam W., Assistant Examiner, appointment approved Coleman, R. B., Vice President, salary for 1943 approved Delloss, H. R., Assistant Cashier, salary for 1943 approved Salary for 1943 approved Digings, John William, Alternate Assistant FRAgent, appointment and salary approved Bond of D°11eY, James C., Economic Adviser, payment of compensation expenses approved Eagle, E., Assistant Cashier, salary for 1943 approved Evans, W. J., Vice President and Secretary of the Board, salary for 1943 approved Pet. -zer, George I., appointment as examiner approved Ford, W. O., Vice President, salary for 1943 approved Salary for 1943 approved Gentry, W. D., Vice President and Cashier, salary for 1943 approved Salary for 1943 approved Election as member of executive committee of Retirement 3/20 417 521 4/ 6 877 6/12 8/13 1199 536 4/7 8/13 1199 5/ 1 654 6/12 878 4/1 485 6/12 878 3/27 4/24 4)1 621 6/24 6/12 929 878 6/12 4/7 4/1 6/12 878 536 485 878 4/ 1 6/12 485 878 10/19 1525 Gilbert 6/12 877 p ,-ert, R. R., President, salary for 1943 approved 6/12 878 °J-1°17aY, W. H., General Auditor, salary for 1943 approved 44.°Ore, L. O., Jr., designation as special assistant exami2/13 233 ner approved Caldwell Jefferson, Alternate Assistant FRAgent, 3/27 444 appointment and salary approved Bond of 4/24 621 sa Salary approved 8/13 1199 12/30 2014 a Yles, Allen, Assistant Cashier, salary approved egelhurst, Thomas A., Alternate Assistant FRAgent, duties 3/27 444 to be terminated as Sm1r+1, 4/1 485 approved Mac C., Assistant Cashier, salary for 1943 st Salary for 1943 approved 6/12 878 askey, Raymond L., designation as special assistant exam2/13 233 iner approved Counsel: , E. B., First Vice President and Granted three-month leave of absence because of illness 3/31 477 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 134 Pages nk of , Dallas: (Continued) (Continued) Stroud, E. B.: (Continued) Mentioned as possibility for appointment as President at FRBank of Cleveland Again suggested as type of man to be considered for Presidency of FRBank of Cleveland Salary for 1943 approved To return to work at end of month TaYlor, jay, Chairman and FRAgent, redesignated for 1944 Resignation as Chairman and FRAgent expected because of demands of service in U. S. Army, Mr. J. R. Parten to be designated Chairman and FRAgent at that time Thaxton, E. A., Alternate Assistant FRAgent, duties to be terminated as ebb, R. 0., Assistant Cashier, salary for 19/13 approved rigfield, B. M., salary while there during absence of Mr. Stroud, to be paid by Board and expenses to ?/1.13aly_ be paid by FRBank etc) c of Kansas City: corirnmiittees, Audit, appointment suggested by Mr. Millard crol and issuance of depositary receipts, omission of prefix numbers for Branches noted, explanation of plans requested by Board nation, copy of report left for information of directors, advice and comments requested by Board 4ami, ' aLlon of fiscal agency operations of RFC by Budget Examiners ses, uniforms for guards, to be borne by bank supplemental order for printing pee ' 11PPlementa1 order for printing of °f special counsel in connection with rate question pending before Missouri Public Service Commission ' 4- agency operations of Branches, accounting re Series F and G bonds and tax notes with Treasury, procedure to be followed, effective August 1 Iriter • dlstrict time schedules, changes approved pers!hanges approved nel classification plan: ncreases in maximum salaries for certain classification sheets to be submitted 0 11"nges involving titles in Auditing Department Changes approved kellianges approved e ,nges approved ttRe V:, "Policy loan", definition of `-°r*ts of Personal Indebtedness", advice as to action of directors on requested by Board Z 2/11 219 2/22 283 877 6/12 990 6/30 12/10 1845 12/15 1905 3/27 6/12 444 878 4/16 595 6/5 851 7/12 1044 6/5 851 522 4/6 12/30 2014 1/30 166 12/29 2010 12/23 1962 7/ 6 1020 4/23 620 6/29 980 r http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/11 58 2/19 271 2/26 311 500 4/5 9/16 1356 389 3/16 3/17 401 135 Pages Naro, of Kansas City: (Continued) Reserve for contingencies, transfer from surplus authorized ""olutions adopted at Conference of Chairmen, action of directors on 88:11'1-!lues, employees, noted without objection ries, officers, approved for 1943 Staff: 12/24 1968 3/4 4/5 6/5 Abbott, Claude, designation as special assistant examiner 12/21 approved Aker, Winfrey B., reappointment as assistant examiner ap9/ 4 proved, advice of effective date requested Bollinger, C. L., Assistant Auditor, salary approved and page for personnel classification plan to be 1/27 submitted 2/23 Designated special assistant examiner Brauninger, T. L., designation as special assistant exami12/21 ner approved Brockhouse, H. A., appointment as FRExaminer approved 12/28 Browning, Linza C., designation as special assistant exam1/6 iner approved Caldwell, R. B., Chairman and FRAgent, redesignated for 12/10 1944 Cartright, Paul, designation as special assistant examiner 12/21 approved Crouch, Jno. H., designation as special assistant examiner 1/6 approved 1DeweY, Geo. A., designation as special assistant examiner 1/6 approved Donovan, Harold E., Assistant Examiner, appointment as ex1/6 aminer approved Elder, in. Lloyd, designation as special assistant examiner 1/6 approved apexaminer EillerY, A. E., designation as special assistant 1/6 proved maximum of excess in Pann, Paul, General Clerk - RFC, salary 1/11 for grade approved Pencil, • salary in Examination, Marietta, Stenographer A 1/11 excess of maximum for grade approved Pio apexaminer assistant special J. V., designation as 12/21 proved Flanagan, Grover D., designation as special assistant exami12/21 ner approved 1/11 ci Salary in excess of maximum for grade approved for salary 1943 President, Vice regorY, G. A., Assistant 6/5 approved 12 /30 bank by borne be to uniforms Guards, expense of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 341 500 843 1949 1282 151 293 1949 1996 26 1845 1949 26 26 26 26 26 58 58 1949 1949 58 843 2014 136 Pages ?LB Kansas City: (Continued) 'l aff: (Continued) Hall, Raymond IV., Vice President, General Counsel and Secretary, salary for 1943 approved Hardesty, E. M., designation as special assistant examiner approved Hardy, Charles 0., Vice President, salary approved Hooper, Chas. W., designation as special assistant examiner approved Kinder, Ralph H., designation as special assistant examiner approved KoPloang, H. 0., First Vice President, salary for 1943 approved, less than recommended No change to be made in salary at present Larson, Frank, Administrative Assistant, salary in excess of maximum for grade approved LaskeY, Wm., designation as special assistant examiner approved LeedY, H. G., President, salary for 1943 approved, less than recommended , No change to be made in salary at present Loncar, Frank E., designation as special assistant examiner approved Moran, George, General Clerk - Accounting, salary in excess of maximum for grade approved Park, M. W. E, Assistant Cashier, salary for 1943 approved 'arsons, Jno. F., designation as special assistant examiner approved Phil,. -.---Laps, John, Jr., Assistant Vice President, salary for 1943 approved, less than recommended Salary increase approved , Increase in salary approved vresten, E. J., designation as special assistant examiner approved Rob b, T. Bruce, Manager, Research and Statistical Department, salary for 1943 approved Sa Sandy, Charles E., Auditor, salary approved ,_ Salary for 1943 approved `'''.aford, Paul R., designation as special assistant examiner approved Self, Kenneth B., Alternate Assistant FRAgent, salary increase approved, but should have been submitted for prior approval She Sherman, E. U., Assistant Cashier, salary for 1943 approved Salary approved Stewart, George M., Supervisor Maintenance and Construction - Building, salary in excess of maximum for grade approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/5 843 12/21 1949 11/23 1727 1/6 26 1/6 26 6/5 843 9/18 1367 1/11 58 1/6 26 6/5 843 9/18 1367 1/6 26 1/11 6/5 58 843 1/6 26 6/5 843 9/18 1367 10/ 4 1460 12/21 1949 6/5 1/27 6/5 843 151 843 1/6 26 4/5 500 6/5 843 11/12 1671 1/11 58 137 Pages ?Rpank of Kansas City: (Continued) Staff: (Continued) Taylor, Robt. M., designation as special assistant examiner approved Tyner, E. P., Assistant Cashier, salary for 1943 approved Wilkinson, George Rerick, appointment as assistant examiner approved Appointment as FRExaminer approved Willock, Edwin S., designation as special assistant examiner approved LIlson, Byron A., Assistant Examiner, appointment approved Woolley, D. W., Vice President and Cashier, salary for 1943 approved %more, Jno. M., designation as special assistant examiner approved WYSong, Paul V., Administrative Assistant, salary in excess of maximum for grade approved Young, James F., designation as special assistant examiner approved Victory Tax, withholding on directors' fees, statements re, no change in ruling received from Bureau of Internal Revenue of (c_ Minneapolis: tment and other fees, service or handling fees, not to be charged borrowers, letters re of Mr. McConnell furnished the services being Depos., boci2-6 surveys, advisability of extending, letter re to suiLents for pledging of participations in direct obligations of United States in System open market account to be prepared by each FRBank 48111.1 --Lnation of, copy of report left for information of directors, advice and comments requested by Board notes, issuance of existing stock, recommended by Board Tridns, supplemental order for printing "s6rial advances, charge-off or reserve on, procedure for crediting recoveries to surplus orrii'cia_strict time schedule, changes approved Per cers, advice of election for 1943 11„:nnel classification plan, changes approved Ile:ve for contingencies, transfer from surplus authorized -ryes for losses on industrial advances and commitments increased Salar?-es of employees as of January 1, noted without objection Ntfles, officers, approved for 1943 13aker, Ronald D., Assistant Cashier, salary approved Salary for 1943 approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/6 6/5 26 843 2/25 301 12/28 1996 12/21 1949 26 1/ 6 6/5 843 1/6 26 1/11 58 12/21 1949 4/22 614 5/18 731 8/ 5 1159 9/13 1337 7/ 5 1017 773 5/25 1/30 166 12/30 2019 4/28 635 2/3 180 8/30 1257 12/24 1968 12/24 1967 3/ 2 6/5 2/ 3 6/5 338 842 181 842 138 Pages s, of Minneapolis: (Continued) ' aff: (Continued) 12/10 Coffey, W. C., Chairman and FRAgent, redesignated for 1944 Core, H. C., Personnel Officer, salary for 1943 approved 6/5 12/10 Groth, Clarence W., appointment as examiner approved Hodgson, Thomas H., Assistant Counsel, salary for 1943 ap6/5 proved, now on military leave Johnson, J. B., designation as special assistant examiner 3/8 approved 6/5 Larson, A. R., Assistant Cashier, salary for 1943 approved a, E. B., Assistant Cashier, salary approved Larso2/3 6/5 Salary for 1943 approved LYsen, M. E., Operating Research Officer, salary for 1943 6/5 approved salary for President, 1943 Vice Assistant McConnell, H. G., 6/5 approved Mills, A. R., Cashier and Secretary, salary for 1943 ap6/5 proved 2/3 Officers for 1943, advice of election 6/5 Ohastad, O. H., Auditor, salary for 1943 approved Peterson, William E., Assistant Cashier, salary for 1943 ap6/5 proved PeJton, J. N., President, salary for 1943 approved 6/5 September War Loan Campaign, telegram from Secretary 8/25 of the Treasury Poviell, O. S., First Vice President and Secretary of the 6/5 Board, salary for 1943 approved 2/3 Preston, O. R., Vice President, salary approved , Salary for 1943 approved 6/5 °wanson, E. W., Vice President, salary for 1943 approved 6/5 6/5 jurner, W. H., Assistant Cashier, salary for 1943 approved eland, Sigurd, Vice President and Counsel, election and 5/31 salary for 1943 approved, effective July 1 apJune, of Payment of retainer as Counsel for month 6/5 proved President: 1JPgren, Arthur R., Vice Member of subcommittee of Presidents' Conference on re6/29 conversion of war contracts 6/5 Salary for 1943 approved handbook economic with connection Suggested for work in for use at Peace Conferences, but needed at 7/10 Bank, decision of Board approved 6/5 salary 1943 for President, er, H. I., Vice P4411t rv Atith— t4e11. York: °I'ltY to execute and deliver checks for accounts of United States Commercial Company, and Rubber Development Corporation in accordance with instruc7/31 tions of RFC, question of T http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1845 842 2014 842 351 842 181 842 842 842 842 180 842 842 842 1239 842 181 842 842 842 818 842 958 842 1035 842 1139 139 Pages kank B of New York: (Continued) anco de la Republica Oriental del Uruguay, loans authorized subject to certain terms and conditions Bank 4, for International Settlements, question of withholding BanqueFederal income taxes for income earned by Mel Iran, permission to FRBank to arrange loan, and other FRBanks to participate Banque Nationale Suisse, transmission through representative of Banque and Swiss Legation of communications re accounts on books of FRBank of New York, letter to Mr. Price, Director of Office of Censorship Procedure in handling communications with, matter being studied by Office of Censorship and Bureau of Customs can Communications with, procedure for handling, letter re adian dollar account on books of Bank of Canada, authority to open and maintain Cert • iflcation of 17 Declarations of Foreign Correspondents de— sired by Department of Justice arnination, copies of report left for information of officers and directors Plirwte ,8/ supplemental order for printing of porf.1.1 1 P1emental order for printing of 3) a-gn central banks and governments, increase in authority to purchase Government securities for account of ?or—, exchange files, loan to Department of Justice approved "tedness of officers and employees, procedure for report— ing, further advice as to actions on requested „ Indu'6rial advances, charge—off or reserve on, procedure for 111,0 crediting recoveries to surplus 4ns to Brokers and Dealers in Securities", weekly report showing separately loans on Government securi— ties and other loans, approved by Board Loss of mail shipments of FRnotes covered by Government Losses Orric in Shipment Act Pas, appointments for 1943, advice of °4-1 deduction plan for purchase of war bonds, letter to Pers Mr. Sproul on 0nnel classification plan: Changes approved, listing of General Junior Positions not necessary Chan—ges approved Changes approved '"anges, including establishment of position of Laboratory Technician in the Medical Division, approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/7 537 7/15 1060 9/10 1318 6/15 892 6/25 6/30 944 993 2/11 225 3/15 379 60 1/11 11/15 1696 12/21 1953 2/13 2/19 235 274 5/10 692 12/30 2019 3/31 483 10/30 1587 88 1/16 11/ 3 1627 4/8 4/ 9 5/25 539 545 782 7/ 5 1015 140 Pages PRIlank of New York: (Continued) Personnel classification plan: (Continued) Changes approved , Changes approved "al estate, payment of fees for services re valuations of property owned by Regional Office of U. S. Maritime Commission at Philadelphia, letters re misunderstandings with, copies sent to FRBanks „ lOfl W, contract accounts, amendment to, tentative draft sent to Rese 0 rve on fixed machinery and equipment increased staff '-4 :es, employees, noted without objection Allen, Loren B., Manager, Credit Department, salary approved for 1943 Barlow, J. Bennett, appointment as assistant examiner approved Barrows, Dudley H., Manager, Cash Department, salary approved for 1943 1211101, H. A., Manager, Check Department: Election as treasurer of board of trustees of Retirement System Salary approved . Salary approved for 1943 Blnet, Roland 0., appointment as assistant examiner approved Boothe, Thomas H. B., appointment as examiner approved and indebtedness to national bank to be liquidated or refinanced BoYd, Harry M., Manager, Savings Bond Redemption Department, approved for 1943 salary 13 Robert H., Assistant Counsel and Assistant Secretary, salary approved , Salary approved for 1943 ' 411lock, Robert W., appointment as Alternate Assistant FRAgent to be terminated upon transfer to Bank Examinations Department Bur+ ., Wesley IN., Manager, Government Bond Department, salary approved for 1943 Cameron, Donald J., Assistant General Auditor, salary approved for 1943 Cam pbell, Frederick W., appointment as examiner approved e°°Per, Norman C., Alternate Assistant FRAgent, salary approved unsel, employment and salary of additional lawyer for work on Regulation V approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 1 1269 10/23 1546 8/18 1212 5/17 726 3/25 433 12/24 1966 4/9 545 3/27 441 11/11 1664 3/27 441 10/19 1525 88 1/16 3/27 441 6/24 929 3/25 431 3/27 441 1/16 3/27 88 4/11 1/23 116 3/27 441 3/27 3/25 441 431 1/23 116 3/18 405 141 Pages kavo. ". Of New York: (Continued) Staff: (Continued) Davis, Felix T., Manager, R.F.C. Custody Department, salary 3/27 441 approved for 1943 Davis, Norman P., Manager, Foreign Funds Control Department and Security Loans Department, salary approved 441 3/27 for 1943 Dillistin, Wm. H., General Auditor, salary approved for 3/27 441 1943 for salary President, Douglas, Edward 0., Assistant Vice 3/27 440 1943 approved appointFRAgent, Parnon, Joseph H. P., Alternate Assistant 1/23 116 ment and salary approved 2/4 185 Bond of Ferguson, George W., Assistant Vice President, salary ap3/27 440 proved for 1943 French, Edwin C., Manager, Collection Department, salary ap3/27 441 proved for 1943 Frost, Irving P., Chief of the Cash Custody Division, salary 10/ 4 1458 in excess of maximum approved apexaminer assistant as appointment Garfinkel, Joseph, 11/11 1664 proved 3/27 440 approved for salary 1943 President, G I.ridneY, Ray M., Vice salary Department, Securities Manager, "arris, Marcus A., 3/27 441 approved for 1943 Heinl, William A., Manager, Personnel Department, salary 3/27 441 approved for 1943 Hu 1, e-ner, Rudolph A., appointment as assistant examiner ap929 6/24 proved Jacobus, Lasalle E., Jr., appointment as assistant examiner 432 3/25 approved son, Norris 0., Manager, Research Department, salary ap3/27 441 proved for 1943 Jon approved '‘e8, J. Wilson, Assistant Vice President, salary 3/27 441 for 1943 Kettner, William M., Manager, Security Custody Department, 3/27 441 salary approved for 1943 apsalary President, Lail, Herbert H., Assistant Vice 441 3/27 proved for 1943 Xno 431 approved 3/25 examiner as appointment ePfel, Louis J., 3/27 440 for approved 1943 salary President, L. Werner, Vice 4°esters, Albert L., Credit Department, salary approved by 4/9 545 War Department Xrumfolz, Oscar A., appointment as assistant examiner ap432 3/25 LiriAproved apsalary Daniel J., Manager Foreign Department, 88 1/16 proved 441 3/27 Salary approved for 1943 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 142 Pages ?RD st of New York: (Continued) (Continued) Logan, Walter S., Vice President and General Counsel, salary approved for 1943 Major,Richard, salary in excess of maximum approved licCahill, Myles C., Manager, Service Department, salary approved for 1943 cLaughlin, Michael J., Manager, Accounting Department, salary for 1943 approved McMurray, Robert F., Manager, Safekeeping Department, salary approved for 1943 Miller, Silas A., Assistant Vice President, salary approved for 1943 Mitchell, Arthur W., appointment as examiner approved Services to be loaned to Board for assisting in examination of Transamerica Corporation 0ran, Edwin , L., appointment as examiner approved uverturf, H. Jordan, appointment as examiner approved, indebtedness to banks to be reduced regularly during temporary employment PaPp, Mary Louise, formerly clerk in Division of Research and Statistics at Board of Governors, employed bY Phelan, Arthur, Assistant Vice President, salary approved for 1943 ReYnolds, Mrs. Edna K., Alternate Assistant FRAgent, appointment and salary approved ,. Bond of Ice, James M., Vice President, salary approved for 1943 acelse, Harold V., Assistant Vice President, salary approved for 1943 Rounds, Leslie R., First Vice President, salary approved for 1943 se, Robert G., Vice President, salary approved for 1943 Rouse, ''111111, Beardsley, Chairman and FRAgent, redesignated for 1944 Sa nford, Horace L., Assistant Vice President, salary approved .Salary approved for 1943 ' chilling, Nicholas J., retirement for disabilityy, payment of additional amount approved Scholz, Frederick J., appointment as assistant examiner approved Shackleton, William E., appointment as assistant examiner approved Sheehan, William F., Manager, Bank Examinations Department, salary approved for 1943 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/27 440 1/6 26 3/27 441 7/22 1083 3/27 441 3/27 6/24 441 929 7/21 1076 3/25 431 12/16 1921 5/21 745 3/27 441 1/23 116 2/4 185 3/27 440 3/27 441 3/27 3/27 440 440 12/10 1845 1/16 3/27 88 441 1/2 7 11/11 1664 6/24 929 3/27 441 143 Pages kat* of New York: (Continued) Staff: (Continued) Smith, Insley B., Manager, Bank Relations Department, salary 3/27 approved for 1943 Spangler, William H., appointment as examiner approved, 6/24 indebtedness to be reduced Sproul, Allan, President: Election as member of executive committee of Retirement 10/19 System President as selected be Mentioned as type of man to 2/22 of FRBank of Cleveland of revision consider to Board Present at meeting of 8/11 Retirement System agenda for on be placed to N, Regulation Revisions of 9/25 next Presidents' Conference, statement re 3/27 Salary approved for 1943 on dual Board with Presidents of meeting Statement at 3/2 nature of FRBanks Stocker, Frederick, Manager, Cash Custody Department, salary 3/27 approved for Tamaa gn _, Frank, to spend 1943 one day a week in Board's Division of Research and Statistics working on Military Government Handbook project, Board to pay per diem allowance and one-third of traveling expenses, Board of Economic Tarfare to pay other 4/17 two-thirds Tarnstrom, Merrill R., designation as special assistant ex6/24 aminer approved liebout, Todd G., Assistant General Counsel, salary approved 3/27 for 1943 3/25 .erney, Joseph F., appointment as examiner approved 1.011as, Richard R., appointment as assistant examiner ap11/11 proved Treiber, William F., Assistant Counsel and Secretary, sal3/27 ary approved for 1943 Trim ble, Rufus J., Assistant General Counsel, salary ap3/27 proved for 1943 Van Houten, Charles N., Manager, Foreign Funds Control De3/27 partment, salary approved for 1943 approved 3/25 examiner Frank C., appointment as assistant We iss, Joseph L., appointment as assistant examiner ap3/25 proved Wi for approved lllams, John H., Vice President, salary 1943 with provision for part time service dur3/27 ing certain period Itiil • --ls, Valentine, Assistant Vice President, salary approved 3/27 for 1943 D http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 441 929 1525 284 1187 1421 440 328 441 603 929 441 431 1664 4111 /1111 441 432 432 440 441 144 Pages Plt4altof New York: (Continued) 4aff: (Continued) Winter, Jerome J., appointment as assistant examiner ap— proved, indebtedness to be cleared Wurts, John H., Manager, Government Bond Department, salary approved for 1943 Zimmerman, Richard A., designation as special assistant ex— aminer approved Jar bond l'Its, sale during Third War Loan Campaign "ar guarantee agreements, photostats, furnishing to borrowers, memo from War Department and letter from Under Secretary of Treasury Loan agreement for "straight" loans, draft of, letter from Board knthroP, Stimson, Putnam, & Roberts, payment of fee for serv— a cr in case of Armand Schmoll, Inc. PlIkk . •adelph Phlll of books and accounts of Board of Governors, letter on termination of arrangement and appreciation cooperation during past two years for Charge off on building site and addition to reserve for Bank building authorized 4E1141-nation, copy of report left for information of Chairman and directors, comments requested by Board flOtand Ges, order for printing s, employees in armed services, Christmas boxes for, ex— penditure to be considered by Board on a Sys— tem basis IrIctlxpenditure for Christmas gifts approved v°tedness of officers and employees, procedure with respect to annual reports of rial advances, charge—off or reserve on, procedure for crediting recoveries to surplus °Iiertim Payments, change in method of, no objection to, pro— --e vided approved by regional office of National War Labor Board, payment of supper money to Persp, guards and building employees approved g;Inel classification plan: raages involving Auditing Department approved 'haages approved, letter to Joint Committee on Salaries and Vlages on adjustments in maximum salaries Sal • n arles approved ilegi'hariges approved, including positions of porter and guard : Rea rial program for economic studies, plans with respect to ilea : lite for contingencies, transfer from surplus authorized ' I ves for losses on industrial advances and commitments in— creased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/25 432 3/27 441 3/25 432 11/ 3 1627 4/16 597 9/11 1335 5/13 714 2/3 182 12/24 1966 10/25 1551 1/30 166 8/25 1242 9/14 1339 1/14 79 12/30 2019 10/16 1516 2/24 296 2/27 315 337 520 3/2 4/6 1/14 80 12/24 1968 12/24 1967 145 Pages kanie Philadelphia: (Continued) Employees as of January 1, noted without objection Officers, approved for 1943 Overtime payment, change in method of, certification procedure to be used in presentation of matter to Labor Board War Staff: Benner, Henry, FRExaminer, services to be loaned to Board for assisting in examination of Transamerica Corporation Boehner, William Francis, report on by FBI Coleman, P. F., Assistant Vice President, salary approved for 1943 Cummins, Hilyard Furness, Assistant Examiner, appointment approved Davis, W. J., Vice President, salary approved for 1943 Donaldson, L. E., Assistant Vice President, salary for 1943 approved Drinnen, Frank J., First Vice President, salary approved for 1943 Ead000es, Frederick, designation as special assistant examiner approved Evans, Henry W., services to be loaned to Board for assisting in examination of Transamerica Corporation Hallowell, Percival, designation as special assistant examiner approved Haubenstein, Edwin L., designation as special assistant examiner approved HeYworth, Melvin, designation as special assistant examiner approved Hilkert, Robert N., Assistant Vice President, salary approved u E. C., Vice President, salary approved for 1943 "ume, William 0., election as Assistant Secretary of board of trustees of Retirement System Jam v--es, Jack H., Assistant Examiner, appointment approved ' ellY, William J., designation as special assistant examiner approved MacC0y, Brittain, Evans, and Lewis, retainer fee approved for 1943 Thomas B., Chairman and FRAgent, redesignated for 1944 MeCreedy, William G., Assistant Vice President and Secretary, salary approved for 1943 Salary increase approved Increase in salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/2 5/14 337 716 9/21 1388 7/21 1076 8/ 2 1143 5/14 716 9/28 1438 716 5/14 5/14 716 5/14 716 3/15 376 7/21 1076 3/15 376 3/15 376 3/15 376 10/ 1 1448 5/14 716 10/19 1525 6/2 831 3/15 376 5/14 717 12/10 1845 5/14 716 9/18 1366 10/ 4 1458 146 Pages PR}3841, of Philadelphia: (Continued) "aft: (Continued) McIlhenny, C. A., Vice President and Cashier, salary ap716 5/14 proved for 1943 MeIninch, Ralph A., Assistant Examiner, appointment as ex76 1/14 aminer approved Mulholland, Joseph A., designation as special assistant ex3/15 376 aminer approved Poorman, Philip M., Auditor, letter commending work in con2/3 182 nection with audit of accounts of Board Salary approved for 1943, also increase approved upon 5/14 716 promotion to position of General Auditor Sienkiewicz, C. A., Vice President, salary approved for 5/14 716 1943 5/14 716 Tot, James M., Assistant Cashier, salary approved for 1943 Maliams, Alfred H., President: Committees for research activities, opposition expressed 12/15 1912 in letter of President Mentioned as type of man to be selected as 2/22 284 FRBank of Cleveland Request for space in Bank for Pennsylvania War Commit7/23 1089 tee, not to be granted 716 5/14 Salary approved for 1943 er from surplus to reserves for contingencies for deferred maintenance and purchases of office 12/24 1967 equipment assistV(keher for overtime compensation paid to employees for ing in examination of FRBank of New York approved for payment and advised that present t1/28 153 arrangement may be revised ?114411 P.ichmond: t °f books and accounts of Board of Governors, letter on 2/3 183 arrangement for 1943 and 1944 Charge 0_ rf on head office building and increase in reserve on 12/24 1967 fixed machinery and equipment authorized 1):4%ct S, annual joint meeting to be held in Washington, May 13, letter outlining program to be sent to 4/6 506 Board -ates: Series of 1928 not to be put into circulation until further 10/30 1587 notice Su 1/30 166 PPlemental order for printing ! t1PPlemental order for printing 5/26 789 11. 4i laPPlemental order for printing ' 11/ 4 1638 triai advances, charge-off or reserve on, procedure for 12/30 2019 crediting recoveries to surplus http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 147 Pages PtBank ^P Richmond: (Continued) '''scnnel classification plan: Revision to increase maximum salaries and report of Mr. Leonard on discussions with War Labor Board and Commissioner of Internal Revenue Revision of, report of conference with representatives of joint committee on salaries and wages Salaries approved Changes approved, with exception of proposed maximum salaries for positions of Assistant Manager, Transit Department and Assistant Manager, Bank Accounts Department Resear t11 department to be built up, memo from Ur. Goldenweiser e for contingencies, transfer from surplus authorized sal"Y 4rles: ' Clerical employees of Victory Fund Committees, telegram on increases in 411)110yees as of January 1, noted without objection , ?facers, approved for 1943 ° Stab riartlizatim plans, meeting with Dr. White re, cancelled Res? Armistead, N. L., designated Chief Examiner Brock, R. S., Jr., Auditor, to conduct audit of accounts of Board for 1943 and 1944 Salary for 1943 approved Caudle, Raymond E., appointment as assistant examiner approved Dillard, W. W., Assistant Cashier, salary for 1943 approved riglish, John F., appointment as assistant examiner approved J. G., Vice President, salary for 1943 approved ' reen, J. P., payment of salary in excess of maximum approved for six months Payment of salary in excess of maximum approved for remainder of 1943 G Salary to be continued at same rate until retirement uthrie, Claude L., Assistant Cashier, salary for 1943 approved j°hastone, Albert S., Assistant Cashier, salary for 1943 approved Keesee, George H., Cashier and Secretary, salary for 1943 approved L ssiter, Robert, Chairman and FRAgent, redesignated for 1944 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/13 68 1/26 3/2 134 337 7/14 1052 3/30 475 12/24 1968 2/8 3/2 199 337 5/25 778 10/ 6 1475 12/10 1844 2/3 5/25 182 778 12/10 1844 5/25 778 12/10 1844 5/25 778 2/16 256 6/28 951 12/17 1927 5/25 778 5/25 778 5/25 778 12/10 1845 148 Pages 8,of Richmond: (Continued) 'aft: (Continued) Leach, Hugh, election as member of executive committee of 10/19 Retirement System 5/25 Salary for 1943 approved Lewis, Herbert I., Assistant FRExaminer, appointment ap11/ 1 proved 11/11 Correction re annual salary noted Mercer, Roger W., Vice President, salary for 1943 ap5/25 proved , John L., designation as special assistant examiner 12/11 : 8 11( t ) er ul;r , Clair B., Assistant Cashier, salary for 1943 ap5/25 proved Teal, Walter A., designation as special assistant examiner 11/ 6 approved Walden, John S., Jr., First Vice President, salary for 5/25 1943 approved approved 5/25 for Wallace, Maxwell G., Counsel, salary 1943 Waller, Edward, Jr., Assistant Cashier, salary for 1943 alp5/25 proved Wevii —e, Edward A., Vice President: 6/17 Appointment as examiner approved President Assignment and salary for 1943 approved as Vice 6/17 in charge of Examination Department Webb, Prentiss L., appointment as examiner approved, for?4tarl 12/10 merly assistant examiner St. Louis: -ar ' cl file of information from Registration Statements under Regulation W, representative of Department of 6/24 Justice permitted to examine IDeP°3it3, time certificates, payment of before maturity for purchase of war bonds, not authorized, solici4/15 tation of citizens with available funds urged tX1,11,4_ ---,tnation of fiscal agency operations of RFC by Budget Ex4/ 6 aminers cj,tion report left with FRBank, request for comments 4/ 6 'lye personnel, shortcomings of, discussed by Mr. Szym,czak, in connection with proposed leave of Mr. 6/ 8 N)ellEdmiston 8-8 of providing services that are justified in public in2/16 terest, reply to letter from FRBank Note 1/30 Q 8, supplemental order for printing 7/21 PPlemental order for printing 10Plemental order for printing 7/27 113P1emental order for printing 9/ 3 h4 1. 1PPlemental order for printing 9/18 F Series re accounting Branches, agency operations of and G Bonds and tax notes with Treasury, pro7/ 6 cedure to be followed, effective August 1 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1525 778 1589 1664 778 1855 778 1649 778 778 778 899 899 1844 934 592 522 521 862 259 166 1079 1116 1277 1372 1020 149 Pages Nenk.ui St. Louis: (Continued) -mclebtedness of FRBank Officers and Employees, procedure for reporting, advice requested on further actions • strict p__ time schedules, changes approved scmnel classification plan: Changes creating new positions approved Changes approved Salaries approved Changes approved Titles of Assistant Cashiers changed to Assistant Vice Presidents, Messrs. Gilmore, Hall, and Hollocher Changes approved Change covering establishment of position of Senior Credit Investigator in the Credit-Discount Department and salary approved Res Changes involving establishment of new positions approved erves for contingencies, authority to charge surplus and credit $500,000, approved , Sala Sala/2!'es of employees as of January 1, noted without objection st„'les, officers, list and data to be sent to Board A ttebery, O. M., Vice President, salary for 1943 approved BaileY, L. H., General Auditor, salary for 1943 approved, less than recommended, further consideration to be given to salaries of auditors by Board Salary, question under salary stabilization regulations being given active consideration A Salary increase approved .,arstarphen, Lewis H., General Counsel, salary for 1943 approved C°°mbs, Edwin S., payment of salary until November 16, approved Salary in excess of maximum annual for grade approved 0a Chester, President: Additional space for Memphis and Louisville Branches, statement to Board re Election as Chairman of board of trustees of Retirement System Election as member of executive committee of Retirement System Granted leave of absence to become U. S. Food Administrator, salary adjustment Research activities of FRSystem, publication of views on, suggested in letter Salary for 1943 approved, difference between salary as President and salary received while on leave of absence as War Food Administrator Salary reestablished and approved, following resignation as War Food Administrator http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/19 5/31 408 820 1/25 2/26 3/2 120 311 3/27 337 443 4/15 6/2 831 591 7/ 8 1025 12/27 1980 12/31 2026 338 3/2 4/15 591 5/25 780 5/25 780 6/15 891 9/18 1367 5/25 780 7/ 8 1025 11/12 1671 9/18 1362 10/19 1525 10/19 1525 4/15 591 12/15 1913 5/25 780 7/14 1053 150 Pages karac „ of St. Louis: (Continued) knaff. • (Continued) Dougherty, Harry A., Assistant FRExaminer, appointment approved Edmiston, Henry H., Vice President, election and salary approved Salary for 1943 approved Leave of absence with pay for 30 days or less to assist Mr. Davis, War Food Administrator, granted by executive committee, subject to approval of Board Decision by Board on leave of absence deferred until next meeting Proposed leave of absence of not to exceed 30 days to serve as special assistant to Mr. Davis, War Food Administrator, matter left to discretion of executive committee Gales, Jerome H., Examiner, services to be loaned to assist in examination of Axton-Fisher Company of Louisville, Kentucky, in connection with examination of Transamerica Corporation S. F., Assistant Vice President, title changed from Assistant Cashier and salary at same rate approved H Salary for 1943 approved all, F. N., Assistant Vice President, title changed from Assistant Cashier and salary at same rate approved Salary for 1943 approved altt, F. Guy, First Vice President, salary for 1943 approved Hoil --ocher, G. 0., Assistant Vice President, title changed from Assistant Cashier and salary at same rate approved Salary for 1943 approved H1111t, James F., appointment as FRExaminer approved 'Sbell, Wilbur Harold, appointment as assistant examiner approved kham, Arthur M. Jr designation as special assistant examiner approved m Appointment as assistant examiner approved "ardin, William T., Chairman and FRAgent, redesignated for 1944 Ree mployment of former employees over sixty-five years should be based on ability to work Smith -3 Minnie, appointment as alternate assistant FRAgent and salary approved Bond approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/ 1 1589 4/15 5/25 591 780 6/ 8 861 6/ 8 864 6/ 9 866 7/21 1077 4/15 5/25 591 780 4/15 5/25 591 780 5/25 780 591 4/15 780 5/25 9/18 1369 5/14 717 1/30 5/14 162 717 12/10 1845 1/21 103 3/10 3/24 356 424 151 Pages Nal* 8, of St. Louis: (Continued) 6aff: (Continued) Stewart, C. M., Vice President and Secretary, salary for 1943 approved Tejada, Jorge, to be employed in connection with trade scholarship program of Inter-American Affairs Office To be employed at request of Coordinator of InterAmerican Affairs and Board for period of four months beginning June 1, 1943 T°1mie, Mary E., supplemental contribution to Retirement System to increase allowance approved H. H., Assistant Vice President, salary for 1943 approved Salary approved WYrick, Orville Oral, Examiner, appointment approved, indebtedness to be liquidated Zehner, Edward A., Alternate Assistant FRAgent, salary approved t"P4-emental compensation, payments on monthly or semi-monthly basis instead of quarterly, no regulation against .. e C cashing for purchase of war bonds, no change letter re situation, in Viol„. ons of banking laws, procedure for reporting 44,4k " kaci San Francisco: t°rs, relationship of Reserve Bank, procedure and practice re, confirmation requested 41,12,0 • nle Specialties Company, interest on funds for period from date of purchase to date loan was paid, no claim to be submitted to War Department Christmas presents for employees in armed services, opposition to expenditure for Cox.* °1 and issuance of depositary receipts, omission of prefix numbers for Branches noted, explanation of plans requested by Board neY shipment by Los Angeles Branch, advice that letter re shortage in referred to Mr. Leach, Chairman of Committee on Operations , mlization of operations, progress made in IDeecerit post ts, purchase of 2 per cent depositary bonds, under Treasury Circular 660, methods of payment for, telegram re Notes: 'ZL in order reducing number of $1,000 notes Supplemental order for printing uPPlemental order for printing, to cover notes for use in Hawaii http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/25 780 3/30 461 4/2 491 1/16 89 780 5/25 12/18 1934 6/12 877 9/28 1438 7/12 1043 9/ 4 1287 360 3/10 4/27 629 7/23 1095 9/14 1339 7/12 1044 8/21 1229 551 4/9 4/27 631 6/28 1/30 952 166 9/23 1409 152 Pages Pra3ank Of San Francisco: (Continued) FRnotes: (Continued) SUPplemental order for printing, to cover notes for use in Hawaii Fee 8 and allowances for directors of FRBank and branches for 1943 approved agency operations of branches: Accounting re Series F and G Bonds and tax notes with Treasury, procedure to be followed, effective August 1 Extension of, advice as to war loan deposit accounts requested Funds Control, revocation of special regulation issued nctby, to be published in May issue of FRBulletin i_lens of Bank and Branches, statement to Board fldeotedness of FRBank officers and employees, procedure for reporting, to be discussed further by Board Question under section 22(h) of FRAct, not a violation in opinion of Board likt • ilation of copper plate, Mr. DeLaMater designated to represent in °tr pa„icers, advice of appointments for 1943 deduction plan, letter explaining opinion of Board re certain points in Pet'8etnel classification plan: Changes approved with certain exceptions listed !:csitions and salaries approved Research Specialist, establishment of position and salary approved Changes approved, with exception of changes in Legal Department Ohanges involving increase in maximum annual salary for position of Assistant FRAgent approved LP-gal Department, discontinuance of position of Assistant to General Counsel and establishment of Legal Allne Assistant approved card checks drawn by officers of Navy Department, payment of to be continued until revision of Circular 176 Re 'ncaing of, advice that Board has received copies of letter from Mr. Day on W, registrant under, information may be furnished local supervisory agency Rtee've for depreciation on Bank building increased ' l Ires for losses on industrial advances and commitments inReaol„. creased "Llons adopted at Conference of Chairmen on October 5, letter to Mr. Grady on actions taken on http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/ 4 1638 1/26 146 7/ 7 1023 8/ 9 1178 4/19 4/9 607 550 4/27 630 5/17 724 3/6 1/18 349 93 9/14 1346 1/7 40 3/10 357 3/27 444 12/ 9 1833 12/11 1855 12/27 1980 3/17 402 3/31 482 3/24 426 12/24 1967 12/24 1967 4/27 629 153 Pages al ',(_I.San Francisco: (Continued) 418 3/20 q:,"'ries of employees noted without objection taken at presbe "4aries, officers, adjustments, no action to 606 4/19 ent in view of Executive Order issued April 8 of pattern salary Increases approved for only those within 5/26 786 FRBank, letter re of meeting at Question of Board's policy, to be considered 10/22 1541 Board on October 26 10/26 1557 branches at directors Ste,41scussion of functions of managing Aamodt, J. N., designation as special assistant examiner 1/11 approved approved for 1943, Agnew, Albert C., General Counsel, salary 5/7 same rate as for past year 7/ 3 Increase in salary approved examiner assistant Alger, Howard, designation as special 1/11 approved Armstrong, Herbert D., Assistant Cashier, salary approved 1/18 5/7 Salary approved for 1943 Ar m strong,m for approved salary Heward, Assistant Cashier, 5/7 1943 Assistant to General Counsel, discontinuance of position ap12/ 9 proved with connection Discontinuance of position approved in 12/27 approval of position of legal assistant Be 7/24 approved examiner nner, Henry, designation as special Bent, D. E., Assistant Cashier, salary approved 1/18 , Salary approved for 1943 5/7 7/26 ange, Melvyn P., designation as special examiner approved ''arlotti, Dominic, special assistant examiner, records 1/11 changed to show change in spelling of name Cl apexaminer assistant special as designation R. A., arz\-e, 1/11 proved Ole 5/7 rk, Ira, First Vice President, salary approved for 1943 0 ' 4)ragliotti, Domenic, special assistant examiner, name changed to Dominic Carlotti Da assistant examiner vis, J. R., designated special 1D)aY, William A., President, salary approved for 1943 ePPer, M. S., designation as special assistant examiner approved Do • wnlng, M. A., designation as special assistant examiner approved Earhart, C. E., Cashier: Mutilation of copper plates bearing signature and title, Mr. DeLaMater to represent FRBank Salary approved for 1943 'uwards, H. L., designated special assistant examiner http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 59 677 1010 59 93 677 677 1833 1980 1099 93 677 1105 59 59 677 1/11 1/11 5/7 59 59 677 1/11 59 1/11 59 3/6 5/ 7 1/11 349 677 59 154 Pages Pailank San Francisco: (Continued) wali: (Continued) Evans, Henry W., designation as special exPminer approved Everson, R. E., Assistant Cashier, transferred to Seattle Branch as Assistant Manager during illness of Mr. Reif Gales, Jerome H., designation as special examiner approved Gee, R. F., designation as special assistant examiner approved Goller, Louis H., designation as special assistant examiner approved GradY, Henry F., Chairman and FRAgent: Redesignated for 1944 Subjects discussed at Chairmen's Conference, reply to letter relating especially to decentralization of FRBank activities Hai W. , M., Vice President, salary approved for 1943 nar tr, R. T., Assistant Cashier, salary approved for 1943 "ayes, K. A., designation as special assistant examiner approved Hs1lman, R. N., designation as special assistant examiner approved H°1man, F. H., General Auditor, salary approved for 1943, less than recommended Salary increase approved Board willing to approve salary increase under certain circumstances „ Salary increase approved ' Ionsberger, W. P., designation as special assistant examiner approved Hughes, E. J., designation as special assistant examiner ap proved --uson, C. A., designation as special assistant examiner approved Jones, H. A., designation as special assistant examiner approved Jones, H. C., designation as special assistant examiner approved Jor,L'es, L. H., designation as special examiner approved Klindera, M. W., designation as special assistant examiner approved egal assistant, establishment of position and salary approved T Establishment of new position and salary approved ' egal Department: Discontinuance of position of Assistant to General Counsel and establishment of Legal Assistant approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/24 1099 2/16 256 7/24 1099 1/11 59 3/10 357 12/10 1845 1/4 5/7 5/7 17 677 677 1/11 59 1/11 59 5/7 677 9/18 1368 10/26 1558 11/ 5 1643 1/11 59 1/11 59 1/11 59 1/11 59 1/11 59 7/24 1099 1/11 59 12/ 9 1833 12/27 1980 12/27 1980 155 Pages PRBarlic 84_°1% San Francisco: (Continued) (Continued) Legal Department: (Continued) Positions of Assistant Counsel and Assistant General 12/ 9 1833 regarded as official positions Counsel ,., examiner assistant special as W. designation Mahoney, 1/11 59 approved Mailliard, F. C., Assistant Cashier, salary approved for 5/7 677 1943 Mangels, H. N., Cashier: Mutilation of plate bearing signature and title, Mr. 10/26 1561 DeLaMater to represent FRBank 5/7 677 Salary approved for 1943 Mitchell, Arthur W., designation as special examiner approved 7/24 1099 Moore, 1/11 59 Clesson, designated special assistant examiner Morrill, R. H., Assistant Cashier, salary for 1943 ap7/31 1137 proved Mueller, Fred J., designation as special examiner approved 7/26 1105 Ilewhall, J. S., designation as special assistant examiner 1/11 59 approved 01K n ane, John A., Assistant General Counsel, salary approved 12/27 1980 5/7 677 an Cashier, salary approved for 1943 T'', -zm.er, J. M., Assistant 7/24 1099 f:arsell, G. H., designation as special examiner approved reterson, S. K., designation as special assistant examiner 59 1/11 approved Randall, J. A., Assistant Cashier, salary approved for 1943 Research specialist, establishment of position and salary 5/7 677 3/27 444 Sherman, ermen, Merritt, Assistant Cashier, salary approved for 5/7 677 1943 Skia 1/11 59 si ner, F. R., designated special assistant examiner 677 5/7 for ' ade, H. F., Assistant Cashier, salary approved 1943 Pelman, Francis C., assistant to Liaison Officer of War Department, employment and salary, services to be loaned to Liaison Officer, Bank to be reim6/9 867 bursed for salary Stone, insalary FRAgent, Philip M., alternate assistant 3/20 418 creased without prior approval by Board 12/11 1855 Salary approved " 118, Ronald T., Assistant Cashier, salary for 1943 ap8/ 9 1177 proved Volbe 12/11 1855 approved salary rg, W. F., Assistant FRAgent, we 677 5/7 approved for salary 1943 wh2t, R. B., Vice President, al'ton, D. G., Jr., designation as special assistant exam1/11 59 iner approved i http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 156 Pages ?aBank Of 0 oan Francisco: (Continued) (Continued) Wheeler, Oliver P., Director of Research, salary approved for 1943, same rate as for past year Salary increase approved Board willing to approve salary increase under certain circumstances , Salary increase approved vihlte, Harold C., Assistant Examiner, appointment approved 1lson, Harry S., appointment as examiner approved : ! Winton, R. D., designation as special assistant examiner approved Tra-"damerica Corporation matter, expenses in connection with Mr. Leachman's work, Bank to be reimbursed by Board for aziks: 5/7 677 9/18 1368 10/26 1558 11/ 5 1643 6/29 879 6/3 835 1/11 59 9/ 2 1273 193Pointment of officers or employees requiring action by Board, function of recommendations for approval, transferred from Personnel Committee to Governor 7/19 1069 Szymczak 'dsiment to cover expenses of Board of Governors: 6/19 914 rior last six months of 1943 F 12/21 1954 Barli r first six months of 1944 612 4/20 .examination departments, budget for 1943 approved establishdings supplies and equipment for maintenance of, ment of reserves for, to be left to discretion 972 6/29 of boards of directors relationship ties, chairmen and directors, duties, responsibili to Board and to directors of FRBranch banks, 6/5 845 statement re to be prepared by Board Christ exre opinion services, s gifts for employees in armed 9/14 1339 penditure for Essential infra, (See activities: 'Ifieation as essential activities) ication for electoral purposes, changes made only in Cleveland and Atlanta districts e°tItan+ With Government departments or agencies, discussion Ourre re at meeting of Presidents with Board neY shipment, shortage in, varied practices in, matter to becen be referred to Presidents' Conference Committee tralization of activities, letter to Mr. Grady discussing reference to subjects discussed at Chairmen's Conference 'rrnent from military service, letter to Mr. Robert M. bi Barnett on problems of Board and FRBanks later re Board's building, to be executed by, memo to Commissioners sent by Mr. Keech http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 4 1283 6/29 969 5/ 5 667 1/4 17 1/22 109 11/30 1797 157 Pages „e! (Continued) ulladends : 6/23 PaYment for first six months of 1943, approved 12/24 l'ayment for last six months of 1943, approved arru-rigs and expenses for 1942, preliminary figures presented 1/9 and press statement approved Earnin 12/2/1 Ea_ gs and expenses for 1943 “lings during war period, disposition of surplus discussed 1/26 with Presidents Ecoy,,, • 9/ 3 Es:Lynu.sts, meeting to be held in Washington entlal activities, information on key positions to be fur2/8 nished to War Manpower Commission 3/2 Classification discussed at conference of Presidents 4/20 as Request by Board for declaration Question of classification to be discussed by Essential 5/12 Activities Committee 5/12 War Manpower Commission reluctant to classify Banks as 6/24 1?eeignation as by War Manpower Commission 7/ 3 Advice as to opinion on reclassification requested 9/11 EXecutive Order 9309 and Public Law 23 not applicable to E ecutive Order 9309 and Public Law 23 not applicable to, 11/22 clarification of conduct to directed and uions, Mr. Paulger authorized 12/20 1944 Penses es in connection with ration banking program, letter to Office of Price Administration on reimbursement 1/15 in connection with request for procedure V, Regulation with N)ellses in 3/17 reimbursement ing Pens es, reimbursement for handling out-of-town ration bank3/26 ageing checks "4ncy operations, reimbursement for, letter of Chairman Eccles to Mr. Coy, Acting Director of Budget 4/ 6 Bureau, on examiners of Bureau visiting FRBanks 12/31 pi Stanor use in Annual Report d f f 1943 requested - agents, use as, for Lend-Lease and War Shipping Adminis4/10 Pi--Qco trations, unsatisfactory to Board ' agents for United States Commercial Corporation, proposed executive order to have Secretary of the 6/21 Pm Treasury designate FRBanks to act as question n accounts, participation on voluntary basis, 12/14 Pores_ deferred procedure relationships with, revision of statement of 4/ 6 re Reir; • questions -Lelon of statement of procedure re, first two to be submitted to Presidents' Conference, ap4/29 proved State by incurred war loan drive, question of expenses 12/24 chairmen http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 924 1965 56 1966 137 1275 199 332 613 700 701 929 1012 1326 1720 1947 84 399 438 521 2024 557 917 1876 514 641 1968 158 Pages al*s. (Continued) 40rmation exchanged of System importance, submission of copies ' to Board, topic for discussion at Conference of 4/27 Presidents Copies to be sent to Board also, discussion at meeting with 6/29 Presidents Inf°rIllation Program on Economic Stabilization to Keep Down the Cost of Living, distribution left to decision 6/29 of FRBanks letinsurance, purchased for irisurance, loss sharing agreement 11/13 ter to chairmen on nvoiuntary allowseparation or wages separations, dismissal 12/11 ances, program adopted for analytical and statistical in '4- services, budget included 3/30 function budget for 1943, approved Puwer problems, report to be made to Board on manner of meet1/26 ing problem at each FRBank arY Government Division of Army, request for names of men qualified for international finance, central 2/23 banking, etc. 4/30 eames of additional qualified men to be sent to ortill ers, authority of Board to remove, Mr. Dreibelbis to pre10/26 pare opinion on eltertim -e Payments to "exempt" employees, draft of formula re, 6/30 to be submitted to Bureau of Internal Revenue P of °rmula re to be sent to FRBanks upon approval of Bureau 6/30 Internal Revenue PaYme 3/27 Nv. ..,nts due Navy Department to be sent to Finance Section '°11 savings plans for purchase of defense savings bonds, 9/29 Perso reports to be made on first of month action nnsl classification plans, policy established for in future in connection with consideration of 1/13 changes submitted by FRBank of Richmond Pernel problems, suggestion of Mr. Szymczak for transfer of 6/8 matters to Board's Personnel Committee To are members discussed at first Board meeting when all 6/9 present, request of Mr. Szymczak Den. • 7/ 2 rNsifl-lslon to be left to Chairman Eccles of ities responsibil erits, selection of men who could meet ' 2/22 a public nature, statement of Mr. Eccles Qllarte 3/25 requested Reel.° rs, outside space occupied by, report nal research program, employment of qualified man to assist in direction of, problem to be decided by 6/29 Board as soon as possible gula • in difference of causes under, tl°n V, operating costs 3/17 stated by Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 632 970 972 1682 1854 475 134 293 649 1556 984 985 448 1440 68 864 867 1001 282 433 975 400 159 Pages P1113.0_ -LatiV: (Continued) onships with Board and other Government agencies, fiscal agency operations, Mr. Szymczak to prepare list 7/23 1091 of items for discussion with Treasury Research activities, limitation because of manpower situation 138 1/26 discussed with Presidents Research and statistical activities, statement of Mr. Eccles 325 3/2 at meeting with Presidents on importance of Research program, accumulation of data to show financial requirements of industrial corporations for reconversion from war production to civilian production, suggested as topic for discussion at 6/11 873 Conference of Presidents Research work, survey made by Professor Schultz, copies fur10/19 1528 nished to Presidents at conference Fte8einres of end for contingencies transferred from surplus at 8a4ries: Officers, 1943 12/24 1968 statements in connection with retirement allow7/23 1093 ance, made by Messrs. McKee and Ransom 12 /31 2024 Preparation of data for annual reports to Board not SuPoPlemental compensation, National War Labor Board will approve increase over amount previously ap12/18 1934 proved ka,...'4- increases of employees, procedure worked out with National War Labor Board and Bureau of Internal 1/26 134 discussed with Presidents Revenue, Staff: Employees, applicability of Executive Order No. 9300, in connection with F.B.I. report on employee of Seattle Branch, former member of Young Com11/16 munist League Inspectors employed to investigate compliance with Regulation W not granted preferred gasoline ration 1/ 1 books 0cc Law Public and 9309 Order upational deferment, Executive 9/11 23 not applicable So disemployees bank to --ective Service Act, applicability cussed by executive committee of Federal Ad1/6 visory Council vat. -1st' 3/3o lcal and analytical function, budget for 1943 approved ottvi4 --"es being conducted by research departments discussed with 1/26 Presidents 1113131emental compensation, discontinuance of payment to em9/ 4 ployees, regulation re • a)Jflum rates permitted without certification, but increase 12/16 in not approved In crease in, not approved by UB, letter to FRBank of New York re http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1701 4 1326 31 475 137 1281 1921 12/18 1934 160 Pages Nank (Continued) hers in connection with ration banking program, to be submitted to regional offices of OPA s 1Vagep.and salaries, certification procedure for adjustments lRance Committee, presidents to be requested to serve as chairmen Presidents to meet in Washington March 1, 1943 to make formal recommendations to Treasury re financing drives anch banks: (See Branch banks, FRSystem) 3/31 2/9 482 204 2/26 303 2/26 304 A etin zlbSorption of exchange and collection charges by member banks, violation of Regulation Q, ruling to be pub8/ 6 lished in September issue Resolution against adopted by nine banks in Omaha and 10/27 Lincoln, Nebraska, to be published in Amendm 9/17 issue October in ent to Regulation K, to be published 8/20 Arti47ent to Regulation T, to be published in September issue dments to FRAct, Wax Loan Deposit Accounts, to be published 4/19 in May issue -vsls of Individual Accounts as Payment of Interest, state12/18 ment to be published in January issue e°1UMb' 12/16 in published Cons lay study of central banking, to be umer Credit: Ackl-on when Old Loan is in Default, to be published in 10/25 November issue °Ption 2 as Affected by Statement of Necessity, to be pub10/25 lished in November issue St tement stateburden, tax income of necessity, increased 1/20 ment for publication in Suspension of license and advances to life insurance agents, 6/25 to be published in July issue ecUtive order No. 9336, authorizing Lend-Lease Administration and War Shipping Administration to indemnify Services in connection with guarantee of War 4/28 loans, to be published in May issue ?cl'eign Funds Control: Report of Property in Foreign Countries, statement to be pub8/20 lished in September issue 10/25 10_ Statement to be published in November issue '"bcation of Special Regulation Issued by FRBank of San 4/19 Francisco Tr., -'sury Department releases, statement for publication: 1/20 February 2/19 March May 4/19 5/26 June /20 8 September October 9/17 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1167 1564 1361 1225 607 1945 1923 1550 1550 101 945 634 1225 1550 607 101 275 607 790 1225 1361 161 Pages G1 /-1: (Continued) ' l °1-110 banking, summary statistics as of December 31, 1942, to 7/14 1054 be published in July issue 275 2/19 approved publication for to statement ID:°_4118 executive officers, "egtaation V, guarantee agreement, revised form to be published 3/19 414 in April or May, memo of Mr. Wingfield Res erves, amendment to Regulation D, to be published in May is4/19 607 sue ' 4.0n of Regulation N, statement to be published in January 12/18 1945 issue . Stabi,• 5/26 sysi u..3 ;zation Fund Legislation, to be published in June issue 790 ' 1ein s holdings of Treasury bills and certificates to be pub4/3 497 lished in thlited States Obligations as Collateral for Federal Reserve Notes, to be published in June issue, date of approval of Act re to be inserted before pub5/26 790 lication War Loan Na° Financing, statements on guarantee agreement and tional Bank loan limitations, to be published Pecierl 4/19 607 in May issue esery R 8_58, e Loose-Leaf Service: 4) letter authorizing FRBanks to assume expenses re activities of Victory Fund Committees, to be elim7/23 1090 inated discontinuance of separate, and letter to FRBanks 1/9 54 ?roc on procedure to be followed e'4 re as finally adopted including suggested changes by 2/15 252 Note FRBanks Note clearing, , k of Atlanta, supplemental order for printing ';',I1PPlemental order for printing 211Pplemental order for printing ?,11Pplementa1 order for printing p a°1-113Plemental order for printing °f Boston, supplemental order for printing order for printing ,' 11 of Chicago, supplemental order for printing NI) ' 11PPlemental order for printing of Cleveland, supplemental order for printing ik of Dallas, supplemental order for printing 11PPlemental order for printing ' 11PPlemental order for printing k °I' Kansas City, supplemental order for printing NIB uPplemental order for printing NIZic, 01 Minneapolis, supplemental order for printing (3f New York, supplemental order for printing uPP1emental order for printing Pliza ;1.1DPiemental 1 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/30 166 V/14 4 10/29 12/21 1/30 9/ 1 1/30 11/15 1/30 1203 1575 1953 166 1271 166 1696 166 7 1 0 9/13 1/30 12/29 1/30 11/15 12/21 1] Ot 1338 166 2010 166 1696 1953 162 Pages Notes: n (Continued) FRiPRIlak 166 1/30 of Philadelphia, supplemental order for printing 166 1/30 printing for order rik of Richmond, supplemental 789 5/26 SuPplemental order for printing 11/ 4 1638 pD,SuPPlemental order for printing 1/30 166 -`4)arlk of St. Louis, supplemental order for printing 7/21 1079 SuPplemental order for printing 7/27 1116 Supplemental order for printing 9/ 3 1277 Supplemental order for printing 9/18 1372 118azSluPp1emental order for printing k of San Francisco: Amendment to order placed with Bureau of Engraving and 6/28 952 Printing for fiscal year ending June 30, 1944 1/30 166 SuPplemental order for printing Supplemental order for printing, to cover notes for use in 9/23 1409 Hawaii SuPplemental order for printing, to cover notes for use in 11/ 4 1638 Hawaii Gove rmment securities as collateral security for, Congress to be requested to extend authority to pledge with 1/28 155 FRAgents Letters to be prepared to committees of Congress to request 220 2/11 that authority be made permanent 3/16 Draft of letter prepared transmitting proposed bill 384 455 3/30 ,011gress to be requested to make authority permanent z-roposed bill making authority permanent, statement of 4/6 507 Messrs. McKee and Eccles on Revised letters sent by Chairman Eccles to Messrs. Wagner and Steagall to request two-year extension of 4/26 625 authority for 755 5/22 eePort on S. 1041 to extend period for use as collateral IssuR by one FRBank and received by another, prompt return for credit or redemption, repeal of provision of 2/11 220 FRAct requiring, discussed Re 3/30 455 Loss Peal of provision of FRAct recommended by Board °f mail shipments to Virgin Islands National Bank, Christiansted Branch, and National City Bank of New York, San Juan Branch, adjustment procedure, advice of developments requested, letter to 10/30 1587 1928 FRBank of New York series, letter to FRBank of Richmond not to place new notes of this series in circulation until fur10/30 1587 ther advice ending ng requirements, order placed for fiscal year June 1944, estimate for Bureau of Engraving 893 6/15 and Printing "ernPt' in sent ion, count for upper and lower halves of notes for, letter to Deputy Comptroller of the Cur11/10 1660 rency F http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 163 Pages PI311°,tees_: (Continued) II auction of amount outstanding because of shipments to Treasury for retirement, procedure for making en5/24 tries Securing by of obligations direct in pledges of participations United States in System open market account, proposed plan for, advice of approval requested by 7/19 Board Insertion of words "and the FRAgent at such bank" in plan 7/20 84_ :1 Ian approved, memo re, instructions sent to FRBanks 9/ 4 ment of sorting errors, overs and shorts in shipments received during September, and list for destruc11/10 tion, sent to FRBanks United States Obligations as Collateral for, to be published in June issue of FRBulletin, date of approval ?eciel'al Savings and Loan Associations, proposed amendments to Federal Home Loan Bank Act, report on S. 756 and S. 757 757 1071 1075 1287 1661 6/ 7 853 5/27 792 5/29 814 10/21 1535 rectors of FRBank of Cleveland for attending meetings of executive committee held on same date as board meetings fees on out-of-town checks, legality and practical aspects, letter re sent to Senator O'Daniel and hdum. others A , rY powers: ,uuerde en National Bank, Aberdeen, South Dakota, surrender approved Ameri can National Bank of Gadsden, Alabama, application aptank proved °f California, N.A., San Francisco, Calif., authority to exercise through branch banks in Oregon and Washington °f Gouverneur, New York, adequate and efficient supervision of trust department to be expected of tank averly, Va., no objection to acceptance of deposit left by will to trustees of church ' County National Bank of San Antonio, Texas, application approved 11411°11s Junction State Bank, Columbus Junction, Iowa, exercise of permitted, advice of, at time of approval of 0041me_ membership rcial National Bank of Kinston, North Carolina, application granted „ -L4-e Loan and Savings Bank, Danville, Virginia, application approved of In http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/14 1202 2/27 318 3/27 446 5/29 810 11/13 1680 9/25 1425 3/22 421 10/30 1584 164 Pages —TarY Powers: (Continued) :̀°Pse Savings Bank, Ecorse, Michigan, no objection to acting as trustee in case cited but to accept no other business without permission Parr, "ers and Mechanics National Bank of Westminster, Md., surrender approved Pid.1 ''ltY National Bank of Baton Rouge, Louisiana, application approved l'irst Lake County National Bank at Libertyville, Ill., surrender approved !:trEt National Bank of Bemidji, Minnesota, surrender approved zirst National Bank of Bismarck, North Dakota, surrender approved st Nat ional Bank of Chatfield, Minnesota, surrender approved !;trst National Bank of Cleveland, Oklahoma, surrender approved rlrst National Bank of Coshocton, Ohio, surrender approved Pp:.11t National Bank of Dewey, Oklahoma, surrender approved st National Bank of Holdrege, Nebraska, surrender approved O P-. t National Bank of Hooker, Oklahoma, surrender approved 1,;.rst National Bank in Lamed, Kansas, surrender approved '4'1...St National Bank of Marietta, Georgia, permission to act as trustee in case cited in addition to powers previously granted National Bank of Marshall, Texas, supplemental application approved National Bank in Miles City, Montana, surrender approved 'National Bank of Miller, South Dakota, surrender approved Pirat m ..auional Bank of Mount Vernon, Washington, surrender approved National Bank in New Castle, Newcastle, Ind., granted National Bank of Springfield, Ohio, surrender approved National Bank of Union City, New Jersey, surrender approved Pirat N ational Bank of Valley City, North Dakota, surrender Pi approved approved m-, c ional Bank of Wayne, Nebraska, surrender approved Gar7m"ational Bank of Windom, Minnesota, surrender -ational Bank, Gary, Indiana, application approved upon conversion from Gary State Bank, Gary, Indiana °11 National Bank Grafton, North Dakota, surrender apGlyi proved 44 State Savings Bank, Gwinn, Michigan, permission granted to continue one account and acceptance of an Orlfoccasional similar account leld National Bank, Haddonfield, N. J., application approved take Shore National Bank, Chicago, Illinois, application approved upon conversion from Lake Shore Trust and Savings Bank, Chicago, Illinois tr T http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/15 1352 1/6 27 10/ 6 1467 1/29 160 12/ 1 1801 9/21 1389 9/21 1390 722 5/15 9/11 1328 3/17 399 5/22 5/15 6/25 752 722 940 6/24 930 2/8 200 9/24 1412 6/5 847 5/19 736 3/19 357 9/25 1427 10/ 4 1460 8/11 1193 4/3 495 7/ 8 1025 7/24 1100 11/25 1746 8/10 1183 2/4 186 11/ 5 1645 165 Pages Lo.°Q7 Powers: (Continued) : 11 1ell National Bank, Lowell, Indiana, surrender approved njrose National Bank, Montrose, Colorado, surrender approved lonal American Bank of New Orleans, La., application approved upon conversion from American Bank and NatTrust Company, New Orleans, La. lonal Bank of Austin, Chicago, Ill., application approved upon conversion from Austin State Bank, Chicago, Ill. Natio Nat . nal Bank of Jamestown, North Dakota, surrender approved .0/1.al Park Bank in Livingston, Montana, surrender approved n-insula National Bank of Cedarhurst, New York, surrender approved °Ples National Bank of Ottawa, Kansas, surrender approved -Le of trust assets of national bank to wife of a director as violation of Regulation F Ser ofld, National Bank of Ravenna, Ohio, surrender approved Ptlez.'In National Bank, Tiffin, Ohio, surrender approved Z % 9/25 1427 872 6/11 12/ 9 1835 11/15 1696 3/20 418 6/18 908 4/10 556 8/ 2 1144 8/18 1211 10/13 1498 12/21 1951 lgn exchange, loan by FRBank of New York to Department of 2/19 Justice, procedure for c4-ng drive: Qllot 3/2 aas to be submitted to Treasury, for banks as well as others plarXney operations: 1°ns performed at branches of FRBanks, letter to FRBank of 8/ 9 Phm San Francisco on to defray expenses of separate organization of Treasury Department, FRBanks not to contribute, opinion 7/23 of Mr. Wyatt rendered June 20, 1923 7/23 ic)randum re nature of, Mr. Wyatt working on -erations to be installed at limited power branches, letter to 2/13 Mr. McLarin on expansion of activities Participation by by representatives of Board in discussions 4/27 FRBanks with Treasury ilqationships of FRBanks with Board and other Government agencies, list of items re to be prepared by ? 7/23 1441A Mr. Szymczak for discussion with Treasury com, John W., Jr., reply to letter enclosing number of 2/9 munications on amendment to Regulation W. n in charges " Leonard A., letter on absorption of exchange ?loodz 11/ 9 reply to his letter eN, . in F i/IPtion under Regulation W, appropriate time for 1/6 Cleveland district Viall,sitl'ibution Administration: °a118, letter from Mr. Hendrickson on confusion as to use of terms "Lend-Lease Administration", etc., 9/24 in connection with t http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 274 333 1178 1090 1090 236 632 1091 206 1654 28 1414 166 Pages m • Aaron L., General Counsel of Special Committee to Investigate Executive Agencies, letter re Board's policy concerning branch banking and Trans12/16 america interests Congresanan Peoples of reorganization Thomas F., letters on Fore 5/22 Bank of Lakewood Village, Calif., copies sent Al-gr) accounts: "ounts mRintained by FRBank of New York for Banque Nationale Suisse, letter to Mr. Price on transmission of 6/15 letter re Communications procedure, matter being studied by Office of 6/25 Censorship and Bureau of Customs • A llthorltY to FRBank of New York to purchase Government securities for foreign central banks and governments 2/13 increased Cahn,. -'Q-an dollar account on books of Bank of Canada, authority 2/11 to FRBank of New York to open and maintain Pa.rticipation by FRBanks in, discussion at meeting with Presi6/29 dents of FRBanks Pal‘ticiPation by FRBanks to be continued on voluntary basis and FRBank of Boston to participate after re7/ 2 • Pe.rtici vision of Regulation N 12/14 i Paton by FRBanks on voluntary basis, question deferred a ion N and statement of procedure re foreign relationships, 4/ 6 memo of Mr. Szymczak on revision of Revi • slon to be submitted to Presidents' Conference for dis4/29 cussion Di 3?1.1”ion of change in procedure at meeting with Presidents 6/29 Revision of regulation and statement discussed 7/ 2 'rafts of revised regulation and statement, memo from Mr. 12/14 Szymczak re C0Pi es of revised regulation and statement to be sent to P, 12/14 FRBanks Clie:2king corporations: proposed purchase of stock of Inversiones Latinas, S. A., matter to be discussed informally with 7/27 Mr. Sproul Letter of Mr. Sproul and report of American Embassy in 9/14 Mexico City Pr 41(12)a °Posed purchase not favored by Board 9/14 of review until nsi°n of operations, not to be encouraged 1/11N4 matter by Congress, statement of Chairman Eccles 7/27 t grit es Latinas, A • (See supra Chase Bank) S. --S • Q'llks:of, Aceolzrts increase in authority to FRBank of New York to purchase Government securities for http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/13 1922 751 892 944 235 225 966 1005 1876 514 641 19 00 61 1874 1876 1112 1341 1344 1112 235 167 Pages Poreign. banks: (Continued) rico Central de Chile, Santiago, Chile, letter of appreciation for courtesies extended to Messrs. Hammond and Triffin on recent visit to South America Co Central de Ecuador, Quito, Ecuador, letter of appreciation for courtesies extended to Messrs. Hammond and Triffin on recent visit to South America Co Central de la Republic Argentina, Buenos Aires, Argentina, letter of appreciation for courtesies extended to Messrs. Hammond and Triffin on recent visit to South America '"-A0 Central de Reserva del Peru, Lima, Peru, letter of appreciation for courtesies extended to Messrs. Hammond and Triffin on recent visit to South America Balle° de la Republica, Asuncion, Paraguay, letter of appreciation for courtesies extended to Messrs. Hammond and Triffin on recent visit 13411co de la Republica, Bogota, Colombia, letter of appreciation for courtesies extended to Messrs. Hammond and Triffin on recent visits -co de Republica, Oriental del Uruguay, Montevideo: Lettela r of appreciation for courtesies extended to Messrs. Hammond and Triffin on recent visits Loan by FRBank of New York authorized, subject to certain terms and conditions 411co dO Brasil, Rio de Janeiro, Brazil, letter of appreciation for courtesies extended to Messrs. Hammond and Triffin on recent visit to South America 411k of Canada, Ottawa, authority to FRBank of New York to open and maintain Canadian dollar account on books 8A of _ ue Mellie Iran, permission to FRBank of New York to arrange loan, and other FRBanks to participate Tationale Suisse, transmission through representative of Banque and Swiss Legation of communications re accounts on books of FRBank of New York, letter to Mr. Price, Director of Office of Censorship Pr°cedure in handling, matter being studied by Office of Censorship and Bureau of Customs T Lett to FRBank of New York on procedure for handling -Ilver 8 clnes Latinas, S. A., proposed purchase of stock by ' Chase Bank, matter to be discussed informally with Mr. Sproul Lett er of Mr. Sproul and report of American Embassy in Mexico City re , Pro Posed purchase of stock not favored by Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/16 1923 12/16 1923 12/16 1923 12/16 1923 12/22 1959 12/22 1958 12/22 1958 4/7 537 12/16 1923 2/11 225 9/10 1318 6/15 892 6/25 944 6/30 993 7/27 1112 9/14 1341 9/14 1344 168 Pages 11 banks: (Continued) 7araguayan Government, monetary and banking project, services of Messrs. Gardner and Triffin to be made available for 10_ Report of work by Messrs. Hammond and Triffin 'rocedure under Regulation N: (See Foreign accounts, Regulation N) Sve,,. 'lgee Riksbank, procedure in connection with communications between FRBank of New York and Vati can, procedure in connection with communications between ?ore: FRBank of New York and banks and governmts:ak Carrying accounts as fiscal agents of Treasury dis? cussed corporations, income on Treasury bills purchased or sold by, letter to Mr. Bell on determining amount Poret taxable 11J-gri exchange: eclarations of Foreign Correspondents, certifications furnished to Department of Justice in connection with suit against Guaranty Trust Co. Pile Files of FRBank of New York, loan to Department of JUstice ap?or, proved under certain conditions eIgn fund • s* Asaets of United States frozen in sterling area countries, re?ore.* est for information on funds controT:1 4 POrt of Property in Foreign Countries, statement to be published in September issue of FRBulletin Reno„ A-L, of Property in Foreign Countries, statement to be published in November issue of FRBulletin 'urY Department releases, statement for publication in FRBulletin: February !arch may June September October November ?, relationships with FRBanks, revision of statement of procedure, to be submitted to Presidents' Conference for discussion - also Foreign accounts, Regulation N) 1114get Bureau approval numbers, memo of Mr. Bergelin with reasons for and against use of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/27 792 11/24 1731 6/25 944 6/25 944 7/23 1091 1/1 5 3/15 379 2/19 274 1/14 79 8/20 1225 10/25 1550 1/20 101 275 2/19 4/19 607 5/26 790 8/20 1225 9/17 1361 10/25 1550 4/29 641 1/14 80 169 Pages Q; (Continued) Budget Bureau approval numbers: (Continued) Report of Presidents' Conference Committee on research and 1/26 135 statistics on use of submisfor forms Request by Board for copies of proposed 6/1 878 sion to Division of Statistical Standards • Con with discussed clitlon report, suggested changes in, to be 385 3/16 Messrs. Crowley and Delano Condi+. supply affiliates, and On reports of State member banks 1 ' 6/16 897 transmitted to FRBanks nePos't rereserves, of computation 1-sy member banks, report for 5/8 689 vised form suggested Functicnal annually submitted expense report (Form E), to be 6/15 892 instead of semi-annually Simplification of, report of Presidents' Conference commit11/ 2 1607 tee re, to be submitted to Board 389 3/16 Gilarantee agreement under Regulation V, revised Revision of, telegram to FRBanks on number of copies re3/18 405 quired 10/28 1569 Rati_ ,-111S sent to FRBanks banking reports, supply sent for use of examiners of FRBanks in connection with examinations of 1/16 89 State member banks • Reggie.tion from applications for forms cycle billing, IV, registrants proposing to use, letter to 9/24 1415 FRBank of Atlanta re Retir Board of 'oard Governors plan, notices to employees re adoption 11/ 2 and election of 5/8 plan 8111.4raft of form for acceptance of Board of Governors' further Y of ownership of deposits, plans for reports of 7/10 105, e surveys, forms and instructions sent to FRBanks 4/29 approved 102ndition of State member banks, revision 17ision , 8/21 approved for accumulated `tdition of words "including $-- deposits payment of personal loans" to item for midyear 5/11 call 105e, and 105e-11 condition reports of State member banks, drafts of proposed forms, copies sent to Bureau of the Budget, advice as to approval number re11/13 quested 1°7b, semiannual earnings and dividends reports of State mem4/29 ber banks, approved Con. 6/16 205, ti :les and instructions for preparation sent to FRBanks 8"°wing Banks' balance in Interdistrict Settlement Fund 2/9 206, to be mailed monthly instead of weekly balance in FRAgent's Gold Certificate Fund, form to be 2/9 mailed monthly instead of weekly http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1602 684 1031 644 1230 699 1684 645 898 207 208 170 Pages Porm_ (Continued) 4J-2, revised form, to be used in connection by FRExaminers, supply sent 220, Northwest Bancorporation, Minneapolis, sion of time for submission 240: with examinations to FRBanks Minnesota, extenof reports granted 5/24 10/29 1574 Changes in collection procedure, only member firms of New 10/ 7 York Stock Exchange required to make reports suggesto, Reports on under Regulation T, firms subject tions of Mr. Tracy of Boston Stock Exchange 7/16 re, no change possible at present filing from ReqUest by Brown Lisle & Marshall for exemption 7/16 reports on 7/ 6 on report Ilharton file 2QA C. Smith & Company, unnecessary to , to sent supply quarterl rate schedule, revised form, ,-y 9/ 8 FRBanks 410•..).0 be to not banks, questionnaire used in examination of submitted for review and the assignment of ap7/28 proval number 412, in reservations, reports of banking facilities at military 2/13 connection with reports on branches 413, 4/13 414 °untended to conform to revised F.R. 414, copy sent FRBanks 4/13 'Proposed revisions in MEM of Mr. Smead deposits showing Revised reserve computation form, manner of 4/17 payable to United States 416 , to sent copy form, neekly report of condition, revised 5/21 FRBanks , 11/24 41,,Revised copy sent to FRBanks aPPlications for industrial advances and commitments, to 4/27 be discontinued 41, -uarge-off or reserve on industrial advance, recoveries to be excluded from "Additions to current net earn12/30 ings" on 437. , nnual reports of holding company affiliates, instructions ' ' 12/18 456, to FRBanks for obtaining Illember bank operating ratios for 1943/ revised, supply 11/ 6 579, sent for compiling data reports of guaranteed loans, supply of revised forms sent 2/9 FRBanks 6/3 Pp% Procedure to be followed in reporting nstruction No. 2, Control and Issuance of Depositary Receipts, omission of prefix numbers for Branches of certain FRBanks noted and explanation of 7/12 litiA 60_ plans requested 5, supply to be sent to FRBanks in connection with new 2/10 order of National Housing Agency d 11/ 3 Revis W, e copy sent to FRBanks 4, Lhholding Exemption Certificate, furnished to employees 6/24 by Board to determine amount of withholding tax http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 757 1481 1063 1063 1020 1301 1120 235 571 567 602 748 1739 630 2019 1939 1650 206 835 1044 212 1626 928 171 Pages Pr'eiberger, I. F., Cleveland Trust Co., Cleveland, Ohio, letter advising that Company is not holding company affiliate for purposes other than section 23A of FRAct L. D., reply to letter on renewals of loans under Regula't4ench) L krim , tion Vi expense report forms, to be submitted annually instead of semiannually D — . 1-Jk;ussion of simplification of Gorier., ' LI Motors Acceptance Corporation, retail renewal (refund plan) does not comply with provisions of Regulation W , Geller cl-LMotors Corporation, appraisal guides, inquiry as to use in GiA connection with down payments for automobiles program 'A. P., to send statement to Mr. Collins regarding for Transamerica Corporation Conir— l'sations with Board on February 18, 1943, statement to be prepared for submission to Federal advisory agencies Prop°sed legislation for Transamerica Corporation situation G•IN: 3/19 412 3/ 8 352 892 6/15 11/ 2 1604 2/ 5 191 3/ 8 352 4/ 6 503 504 4/ 6 11/29 1767 Nat* employees in armed services, Christmas gifts for, expenditure to be considered by Board on a Sys8/25 tem basis ' 9/14 °Pinion of FRBanks re expenditure for armed of Philadelphia, Christmas boxes for employees in Board services, expenditure to be considered by 8/25 on a System basis 9/14 p]Riaz : ( 1Denditure approved in employees San Francisco, Christmas presents for 9/14 qa.a " of services, opposition to expenditure for , authority Senator -ellator Carter, opposed to permanent extension of agreeable to pledge Government securities but 4/26 to extension for two years inGc)1c1 eertifi ,e monthly caI, Fund of FRAgents, form 206 to be mailed 2/ 9 stead of weekly conin manuscript c)lcib"g 'Prika, arrangements for typing special Gernection with the Civil Affairs Handbook on 11/16 many approved ..nge work Hermberg, ments for typing manuscript for Dr. Paul rate completed by Mrs. Anna Kantorovitz at same qolle 12/ 7 of compensation Naent disfor, procedure contracts, cancellation at end of war, 5/24 cussed by Federal Advisory Council http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1242 1339 1242 1339 1339 625 208 1705 1827 762 172 Pages ent departments or agencies, procedure of FRBanks in taking matters up with, topic for discussion at Conference of Presidents Relationship of FRBanks with, discussed at meeting with PresiGov._ dents nt securities: loans for purchase of, fixation re included in declaration of supervisory policy on November 22, 1942 Bank , -Loans on during April drive, question brought up by Mr. Harrison in Federal Advisory Council meeting • . xit °eificates of indebtedness, report of Chairman Eccles on unusual demand for Coua teral security for FRnotes, letters to be prepared to committees of Congress to request that authority be made permanent Extension of authority, bill to be discussed Letters to Committees of Congress to request that authority be made permanent Revised letters sent informally by Chairman Eccles to Messrs. Wagner and Steagall to request permanent authority for Revised letters sent by Chairman Eccles to Messrs. Wagner and Steagall to request two-year extension of authority for Costs of handling uncurrent issues and performing depositary ts' functions, increase in discussed by Presiden Conference tlirseet Purchases from Treasury discussed at meeting with FederalPin Advisory Council otes 3 plan for securing by pledged of participation in direct obligations of United States in System open market account, memorandum sent to FRBanks lie admorandum that plan had been approved by FRBanks, and vising of code words for use in operation of plan Do cuments for plan, to be prepared by counsel of each FRBank °11-rth War loan drive, investment figure in, discussion at meet Board 61 ing of executive committee of FAC with '"ge of Treasury bills and certificates of indebtedness by FRSystem, publication of figures in FRBulletin and in weekly statement letalm„ , flArez /.1T payments for subscriptions suggested by Mr. Harrison tzent of public funds in, amendment of State laws to authorize, discussed at meeting with Presidents sveeta res et of surplus funds by State and town officials, bill suggested for consideration of State Governments 4/27 632 6/29 968 4/ 7 527 4/7 527 2/15 240 2/11 3/16 220 385 3/30 455 4/26 624 4/26 625 6/29 961 2/15 248 7/19 1071 1Z http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 4 1287 9/13 1337 12/ 7 1815 4/ 3 2/15 497 1/26 142 1/ 8 50 241 173 Pages , Gove ..IL[1?nt securities: (Continued) 'glslation to enable States to borrow from FRBanks on, not 11/30 desirable or necessary 'OarLI for weekly of report purchasing or carrying, separate reporting member banks, suggestion of Treasury, 7/17 reconsideration requested by Board 10/22 Eccles Chairman Request of Treasury, matter referred to Requested by Board subject to clearance with Bureau of the 11/12 Budget 11/24 %instructions sent to FRBanks 'JcLas to Brokers and Dealers in Securities", weekly report on 3/31 by FRBank of New York, approved by Board not Board by action Parry, ilarkets, conditions outlined by Mr. 3/15 necessary at present Partial executive by discussed of, -- Payment plan for purchase 1/ 6 committee of Federal Advisory Council Di scussed at meeting with executive committee of Federal 4/ 7 Advisory Council Plmehase for s, government and banks account of foreign central 2/13 increase in authority to FRBank of New York 7 4/ States Pplmchase of by political subdivisio certain ns o ons Ilrcha.Chase mabefore deposit of payment of time certificates 4/15 turity for, not approved 134rchase of to report agreement, Treasury bills under resale 4/15 be made at end of month aotas p -Lor April financing drive, report of discussion at Confer3/ 2 ence of Presidents 4' Q11(Aae -Lor Conference ' Presidents of nonbank drives, committee 2/15 appointed to study p Qllotee -Lor of September financing drive, statement of Secretary 8/25 , Rede the Treasury in telegram to FRBanks purfor 'Ption of certificates of deposit before maturity 6/29 chase of, amendment to Regulation Q discussed Safe"of 4"Ping of those owned by States, left to discretion banks until recommendations by Presidents' 3/30 Left by ft to discretion of FRBanks until recommendations 4/ 2 Presidents' Conference No objection to safekeeping of State-owned by FRBanks 4/ 7 I"ividual FRBanks to continue to meet problems as they Sem. g arise s E bonds: ertification of signature when presented for redemption, ' present procedure considered unnecessary 14 crease in redemption because of increased taxes discussed by Mr. Harrison Serles .t, ', F, and G bonds, continuation of issue discussed http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1795 1066 1539 1675 1739 483 373 35 529 235 528 592 592 333 240 1239 963 465 492 528 6/29 964 2/15 243 1/ 6 2/15 242 36 174 Pages Gore I:Intent securities: (Continued) OtOcks of market issues, maintaining at branches of FRBanks 11/ 1 1593 desired Trea for collateral as use surY tax savings notes, Series C, 17 1/ 4 loan by FRBank to commercial bank War savings bonds: 11/ 3 1627 FRBank of New York, sale during Third War Loan Campaign Pay roll deduction plan: Letter to FRBank of San Francisco, explaining Board's 9/14 1346 opinion on certain points to sent ns instructio Reports of FRBanks under plans, 9/29 1440 FRBanks /31 2025 12 FRBanks .Reports on, instructions to Series A to E, payment by banks recommended, telegram from 10/22 1540 Mr. Szymczak Series E, F, and G, branches of FRBanks accounting directly 7/ 5 1016 with Treasury for Series G, carrying by State banks at par, statement to be prepared for submission to National Association 12/28 1984-6 of Supervisors of State Banks TT Hlt 114ger tb, 'slc House, Grand Rapids, Mich., settlement of case under Regulation W J. T., President of City National Bank of Albany, withdrawal of charter and charging of exchange, discusliaricibooke: sion with Mr. Ransom re Econo . rale for peace conference, financial sections, preparation for use after war, to be made by board if necessary staff can be recruited arY Government, status of material being prepared by Divi4 sion of Research and Statistics k ters: g3 Harold T., Assistant FRExaminer, changed from Omaha to 6/1 829 4/13 576 5/29 804 5/29 803 2/22 288 Denver from changed -4, Rodman C., Jr., Assistant FRExaminer, 12/31 2021 Chicago, Ill., to St. Louis, Missouri from changed rn, Adolphus D., Assistant FRExaminer, 6/3 834 1? • Memphis, Tennessee, to New Orleans, Louisiana , Washington from changed Marion E., Assistant FRExaminer, ear.hIgt,4 6/3 834 D. C., to Charlotte, North Carolina tkthenir ktatin g and Currency Committee of House: egulation Q of Board, copies of colloquy between Messrs. ' Patman, Crowley, Ransom, and Dreibelbis War loan deposit accounts Mr. Eccles scheduled to appear http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/29 1998 3/30 459 175 Pages Rear; ,11gs: (Continued) `1°nsiuners Home Equipment Co., Detroit, Mich., to determine susMr. pension of license under Regulation W, 12/14 r office Wyatt to act as hearing Pin. T ion expuls on Mo., ,awn Bank and Trust Company, St. Louis, ' to confrom membership in FRSystem, Mr. Wyatt 11/29 duct pervoting of tion revoca eri a Corporation on possible oe.mc premit under consideration, procedure for 6/ 1 paring case zr, S. Doris, stenographer for Mr. Leachman, Transamerica 8/27 Hold. case, salary arrangements approved ArIg_e_.,°111PanY affiliates: l to report to be obtained on F. R. 437, instructions 12/18 FRBanks purve-Land Trust Co., Cleveland, Ohio, held not to be for 3/19 poses other than section 23A of FRAct Orlim .... n sectio Forster, held not to be for purposes other than 1/ 8 23A of FRAct Pi all rst National Bank of Miami, Florida, determined to be for of 1933, purposes of section 2(c) of Banking Act permit determination of 1935 rescinded, voting First necessary to vote stock of Coral Gables 5/25 National Bank, Coral Gables, Florida ined determ al, National Holding Corporation, Miami, Florida, of Bankto be for all purposes of section 2(c) ded, rescin ing Act of 1933, determination of 1935 Coral of voting permit necessary to vote stock Gables, Gables First National Bank, Coral 5/25 Florida al Nation First General permit to vote stock of Coral Gables advice as Bank, Coral Gables, Florida, issued, for gs earnin to restrictions on actual net 12/ 6 dividends Plrst s voting d limite ecurities Corporation of Syracuse, N. Y., banks and permit granted to vote stock of four 1/ 2 P1-oriA_ annual report to be submitted St. with merger 'd National Holding Corporation, advice of 2/17 Joe Paper Company if Illdust • onship relati rlal Finance Corporation, question of member Morris Plan Bank of Virginia becomes 12/17 of FRSystem d grante Illl'eetment and Securities Company, Spokane, Wash., two nalimited voting permit to vote stock of 1/ 2 ted submit be to tional banks and annual report http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1862 1781 826 1250 1939 411 1L4 782 782 1812 8 263 1927 9 176 Pages Roldi„ f;g,comPany affiliates: (Continued) Nn-slation for, brief re, request of Senator Downey to pre5/25 sent before special House Committee tees D Commit cy Desirability of leaving to Banking and Curren of Congress, to be discussed by Messrs. McKee, 5/25 Smith Crowley, and Delano with Congressman aAssoci Fa s Banker Favored by Board, letter re to Independent s, Calif. 6/25 tion of Southern California, Los Angele Presiof ation Statement re by Chairman Eccles for inform 772 772 945 V, 19,g dents Draft of letter to Senator Wagner, action on deferred 11/29 Proposed bill for, review of situation by Chairman Eccles by ent statem of, Death sentence, opposition to enactment 11/29 Mr. McKee Proposed bill, committee authorized to complete and arrange 11/29 for introduction in Congress List reply Ky., re ille, Louisv for First National Bank, 1/27 that no current list is available ktorr4.. nship relatio elan Corporation of America, question of becomes member Nort?stif Morris Plan Bank of Virginia 12/17 of FRSystem ota: Bancorporation, Minneapolis, Minnes 10/29 (tension of time for submission of reports granted State County Voting permit granted to vote stock of Hill 4/13 Bank of Havre, Montana votd limite ilational Corporation, Spokane, Wash., granted banks ing permit to vote stock of two national 1/ 2 ed and annual report to be submitt ties 1/ePorts and Securi to forms used for, information re sent 9/ 4 and Exchange Commission d obtaine be should ic National Company, voting permit al Bank while relationships with First Nation 1/ 8 exist Bank of Waco and Liberty State Gr°t-Granted national limited voting permit to vote stock of 1/12 T bank and State member bank uo. raper Company, Jacksonville, Fla., determined not to ' of be for purposes other than section 23A 2/17 Serieem FRAct a Falls Shareholders, Inc., determined to be, upon Seneca ' N. Y., County Trust Company of Seneca Falls, not to be ned determi becoming a member bank, but 12/14 for purposes other than those of Sec. 23A N.I.;k1t , w withdra to tion ."ssociation, Boston, Mass., applica representalisting on Boston Stock Exchange, 9/ 4 tive of bank to attend hearing http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1759 1765 1780 151 1927 1574 582 9 1284 48 65 262 1893 1287 177 Pages comPany affiliates: (Continued) 'u edo Trust Company, Toledo, Ohio, holds majority of stock of Commerce Guardian Bank, Toledo, Ohio, in fiduciary capacity, ruled not to be holding company affiliate for purposes other than those of section 23A Tran, . : ,rica Corporation: nank of America, N. T. & S. A., participation in election of directors of FRBank of San Francisco, letter advising of ineligibility for, because of affiliate relationship with Question of affiliate relationship with, in connection with election of directors of FRBank of San Francisco Election of directors, view of Board re protested by, but no change in Citizens National Trust and Savings Bank of Los Angeles, Calif., acquisition of stock of, telegram of Board stating opposition to expansion policy , Protests of independent bankers and replies by Board '°mPlaints against, other activities than banking, evasion of requirements prescribed by Comptroller of Currency Examination of, loan of services of FRExaminers for assisting FRBank of San Francisco in • Hearing on possible revocation of voting permit, statement of Mr. Dreibelbis on procedure for preparing case Mr• McKee authorized to confer with Mr. Collins re program for Pr ogram of standards for to be agreed upon by Board and other bank holding companies, statement of Mr. McKee Ileeolutions for, letter of Mr. Charles W. Collins, Washington representative for Giannini interests Statement of policy with respect to, desired by Giannini interests g trusts covering stock of national banks, possibility Wi8con _. of classification as 111 Bankshares Corporation, reserve required by section ' 5144, securities pledged with State Treasurer not considered as part of C' Board of Governors: .44as, only holiday to be observed during war period Ykl.;'mas Eve, offices permitted to be closed two hours early .3,7°d, Christmas only holiday to be observed during g'°n's Birthday decided to be full work day for staff of Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/12 64 11/ 4 1629 11/ 4 1629 11/30 1792 5/28 5/28 794 796 4/6 504 7/21 1076 6/ 1 826 4/6 505 4/6 504 4/6 503 4/6 504 1/23 118 10/16 1517 5/18 732 12/22 1960 5/18 732 2/17 265 178 Pages BankIng situation to be reviewed and establishment of central bank if needed, Mr. Triffin to go on mission t ilorace ;-lng of persons in central banking, memo of Mr. Gardner on re ElY & Company, payment of fee approved for services York New of FRBank valuation of property of 6tatier approved rs ot wori ,. payment for rental of room for meeting Bank_ t,, • ., , Eccles afe4. discussed by Mr. paid overeria employees put on 48-hour week and to be employees time on same basis as other 18-tho ur week, overtime and supplemental compensation for, to April be continued on same basis as in effect no /4an,„_ 30, 1943 problem discussed by Federal Advisory Council %rite and Naturalization Service: alegre, Eduardo Luis, temporary employment by Board, letter re permission for Regulaupholstery Company, Cleveland, Ohio, violations of protion W letter to FRBank of Cleveland on Alktecin cedure for issuing order 8 of officers and employees: of Atlanta, procedure for reporting, advice as to action taken on requested ?IlBaAclvice as to further actions taken, requested 11,k of Boston: °gg, John J., as auditor in advisory capacity to philan' thropic institutions Pr °cedure for reporting, further advice as to actions of bank requested , Cooperation with plan 'ellers, Lester H., Assistant Examiner, to be placed on reduction basis of Cleveland, procedure for reporting, further advice as to actions requested Pr k°cedure for reporting, in conformity with plan of Dallas, procedure for reporting, advice requested on further actions of No Pliza0.0, objection to procedure at as of New procedure for reporting, further advice Nkrat to actions requested of Philadelphia, procedure with respect to annual reP1113ank ports of °f St. Louis, procedure for reporting, advice requested on further actions of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/19 734 12/28 1991 8/18 1212 11/12 1676 1/6 34 2/1 170 5/5 5/24 664 765 7/24 1097 1/22 113 3/26 5/22 436 750 6/12 876 5/10 6/5 691 844 2/13 233 5/10 6/5 693 845 3/19 5/10 409 695 5/10 692 1/14 79 3/19 408 179 Pages INebtedn ss paBwe of officers and employees: (Continued) of San Francisco, procedure for reporting, to be discussed further by Board N &ly that procedure for reporting does not violate statute wws: Procedure for reporting, action of Board on resolution adopted at conference of Chairmen 22(b) Procedure for reporting, question of under section Board of Indepe of FRAct, not a violation in opinion Angeles, ndent Association of Southern California, Los for tion Calif., bank holding companies, legisla favored by Board, letter re .4118t aec, ersion after war, problems to be discussed by special committee of President's Conference Taxer, and Post-war adjustments, anticipation of and education for, discussed by Federal Advisory Council ,10n: 'ash ho ldings in comparison to national income, limitation on under dollars to be supplied by United States Hansen stabilization plan, discussion by Mr. ilallgers of, memorandum prepared by Mr. Eccles, with excerpts from report issued by Office of War Informa tion nt iclucationai campaign on, discussion of program for, stateme of Chairman Eccles Ex • e441nation of certain deposit accounts of FRBanks, requested by Securities and Exchange Commission for use in study of "1°rmation Program on Economic Stabilization to Keep Down the InCost of Living", prepared by Office of War Life I formation to aid in program against nsurance Companies of America, seven-point program for Eccles combatting, suggestion re by Chairman for FRBanks , trend indicates, need for action by Board to prevent statement of Mr. Parry Prepared by Office of War Information, distribution Pr left to each FRBank °gra-na to counteract developments of, request for suggestions for 13 bill to prohibit Federal agencies from requiring per' resons to furnish burdensome and nonessential, port on 4/27 5/17 630 724 1/2 11 5/17 724 6/25 945 9/ 3 1275 5/24 764 6/1 824 2/26 306 3/2 325 9/20 1383 6/18 909 8/31 1265 3/15 374 6/29 972 3/19 414 5/22 754 nt approved by Presidents' Conference and Board of Goverset nors, problems discussed and reserves to be 1/26 up out of earnings during 1943 129 4,, • http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 180 Pages 148 4ince: (Continued) t 1. et -bond, study to be made before including in self-insur12/14 ance plan Lose._ ce, insuran ° sharing agreement, substitution for purchased memo re premiums and Governor Szymczak's letter 11/13 sent to Mr. Brainard 12/ 8 Copies of material re loss-sharing program sent to FRBanks Board's of Memo of Mr. Szymczak re plan and copy of opinion 12/14 counsel on Nati()nal memof ity Service Life, FRBank employees, eligibil 4/6 hers of women's reserve organizations acno of, on " submitted by Conference Committee, discussi 11/ 2 tion taken on PlIrchased, plan of Insurance Committee for substitution of agreed loss-sharing agreement, policy re to be 9/25 ce Conferen upon at next Presidents' Reeta • s companie ce insuran atlon W, applicability to loans by life 6/26 to their agents become to -Insurance, agreement as revised and agreed upon 2/19 effective in ten days Reserves reas soon for, letter to be sent to FRBanks as 6/5 port of Insurance Committee is acted upon Dis 6/15 cussion of Authority of FRBanks to extend, memo of Mr. Dreibelbis on, to be made available to Presidents' Conference 6/24 Committee at meeting in Chicago by Mr. Smead nts' Preside Report on expansion of, to be given at next 6/29 Conference of y majorit of, RePort of Insurance Committee, discussion d members opposed to cancellation of purchase 9/10 insurance covering risks Report of Insurance Committee to be submitted to Presidents' 9/10 Conference at October meeting in New York Desired program for, to be considered before meeting with 9/10 Presidents • De termination of matter to be made at October meeting with 9/10 Board Report of Insurance Committee plan, actions taken by Presints dents' Conference, report referred to Preside raand Insurance Committee for further conside 10/19 tion piscussion of expansion of, to be considered at next meet12/14 ing of Presidents' Conference seof purchase for plan °°11ds, demand for partial-payment 4/7 curities by life insurance companies 4/6 g 0 opinion of Mr. Eccles favorin http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1873 1682 1831 1870 520 1604 1429 948 273 850 887 925 960 1314 1315 1316 1316 1526-8 1872 529 524 181 Pages 14814,a ,ence assessments: u Posits by United States in insured banks, proposed bill to exempt from 1:4:ce companies: s ' ' I arls to agents and salesmen, applicability of Regulation Vi to Ild7 for chapter on money and banking in Military Goverment Handbook to be undertaken by Board ss:%terican Defense Board: Pace occupied in Board's building, letter to Major General Winship on reimbursement for, arrangements for parking cars, etc. Offi ces released for use of Mr. Vinson, Director of Office of Economic Stabilization, conference room to be used twice a month for meetings of _r .can Training Administration: Americans, training in field of banking, Board participation in to be continued, with appointments Trit on temporary six months' basis ct Settlement Fund: -4-tince of each FRBank shown in Form 205 to be mailed monthly instead of weekly °klahoma City Branch, given full powers and to become direct Irlterest: settling branch 6/ 7 856 4/30 651 2/ 4 187 1/25 121 5/29 802 12/28 1991 2/9 207 11/ 1 1592 An.Q.78is of individual accounts as payment of, practice of Scranton National Bank not violation of Regula12/ 9 tion Q 12/18 ktikStatement for publication in FRBulletin °f Forest, Miss., question of payment of interest upon demand deposits, schedule of City Correspond7/10 ents, legal opinion requested by Board charges, Lul deposits, absorption of exchange and collection regarded as payment of interest on, violation 8/ 6 of Regulation Q of Bank National ng of check books for customers by First 12/30 Rates, Ardsley, New York, not considered payment of 4/13 discussed lowering ximum on time and savings deposits, -'uuction from 2-1/2% to 1-1/2% favored by Chairman Eccles, case to be prepared including relationship to postal savings and undertaken jointly with 4/13 FDIC Reduction to 1-1/2 per cent, further discussions to be 7/27 held with representatives of FDIC Additional time for consideration requested by FDIC, Mr. Goldenweiser to prepare statement of reasons 7/27 for http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1836 1945 1040 1167 2017 574 575 1107 1113-4 182 Pages Iritere 1,_wAst: (Continued) ites: (Continued) Discussion of reduction by Messrs. Smead and Vest with 8/ 3 representatives of Post Office Department 8/ 3 Matter to be i'llaticnal Food Conference, Hot Springs, Va., report by Mr. Evans 6/8 on 'Ilternat' lonal stabilization: te and Keynes plans, comments of officers and directors of 6/25 Ma:tratsi)requested (Se 411tew_e also Stabil L'ileht holdings of member bank, preliminary figures to be furnished to Director of Trading and Exchange 1/21 Division of Securities and Exchange Commission vestment Aiab Securities: anla Bridge Finance Corporation, bonds ruled not to be obli8/19 gations of any State or political subdivision Inv estment in bonds of by State member banks, not exempt from 10% limitation of Section 5136 of Revised 8/19 Statutes . connection appointed in Foa Bruno nanclal position of, Ir. 12/18 with study of 1148 1151 861 943 106 1215 1215 1932 j'irlt 0 °ntract Termination Board, status of, in connection with resolution re termination of war contracts 11/16 1700 444, Mrs. Anna, compensation for typing portion of manu12/ 7 1827 script for Dr. Paul Hermberg W., revised draft of guarantee agreement under Regula3/1 322 tion V sent to eested amendments to White plan for international monetary stabilization -t United it States to confer with Mr. White re stabilization plan kale ernational stabilization plan Contl esion of -11t8 of officers and directors of FRBanks requested 9/28 1436 8/12 1195 4/7 532 6/ 1 823 6/25 943 TILT! 4t111.A14 ki. erlican countries: olflbi a, Argentina, and Uruguay, Messrs. Triffin and Hammond to visit briefly while on mission to Paraguay http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/ 5 1160 183 Pages Lat i lean countries: (Continued) 5/29 st ! slons to, representation of Board 12/16 Le c AT of central banking, progress re Neth, Dallas, Texas, invited to Washington to discuss Transamerica Corporation hearing, traveling 6/1 expenses to be borne by Board Report of Mr. Dreibelbis on conference as to employment in 8/ 3 Transamerica Corporation case Sala— 8/27 p_le 1 arrangements for stenographer 4P nses in connection with case, letter enclosing voucher ' 9/ 1 forms 9/ 2 of San Francisco to be reimbursed by Board for expenses Leallirlent to firm in connection with case 11/ 5 lidmiral William D., U. S. Navy, letter of gratitude to Board for use of building by Combined Chiefs 5/25 ,8ecl of Staff ReL9-re system: ' w -ation V loan messages, word count of collect telegrams to Le,4ire 3/19 be included in monthly figures 418.11.f_absence: ual leave of employees of Board of Governors, revised policy 4/23 adopted 7/22 War-t*ime regulations re current and accumulated 4.11, Operations, Jrs. Margaret K., clerk in Division of Bank 3/1 granted extension of leave without pay Statistics, and Mrs. Jane, clerk in Division of Research granted leave without pay for period not to exceed six months and also permission to use ac9/18 cumulated and accrued annual leave without absence of John C., Attorney, granted leave 4/19 pay to enter U. S. Army Bean, _ Hobert t., granted leave without pay to enter service 1/29 teei,s with Army S. Anna G., clerk-stenographer in Division of Research / and Statistics, balance of accumulated and annual leave to be taken, leave without pay granted, contributions to retirement system 5/31 to be continued Granted leave without pay from September 22 to October 15 9/20 and also use of accrued leave Graxited extension of leave without pay not to exceed three months, contributions to retirement system to 10/26 be continued Statistics, and Research of Division Hedda, in Mary clerk ' granted leave without pay to enter U. S. Marine 4/9 Corps, Women's Reserve 74illis G., FRExaminer, additional sick leave granted, not to be charged against future annual or sick 6/23 leave http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 805 1923 827 1153 1250 1268 1273 1647 771 413 617 1081 322 1364 605 158 817 1386 1560 544 921 184 Pages o.,_ Le7,60of absence: (Continued) `' mPensatory, to be granted to employees for overtime in excess ' 5/ 6 of 48-hour week when justified Crhy. Allison M., operator (duplicating devices), granted 12/14 leave of absence without pay to enter Navy 'Ile, Lauchlin, Administrative Assistant to the President, 2/ 8 extended for one year Da.tr; Mrs. Alice, clerk-stenographer in Division of Research and Statistics, leave of absence granted for period of not to exceed six months, November 10/ 4 16 - March 20 to be without pay bavis, Chester, President of FRBank of St. Louis, granted leave to become U. S. Food Administrator, salary ad4/15 justment Denmar, granted J. E., General Auditor, FRBank of Atlanta, K 4/19 leave to enter armed services Doebi_r, Staand Research e Mrs. Leila M., clerk in Division of tistics, granted leave of absence without pay 10/22 to enter V.AC 'Mrs. Grace K., Assistant Supervisor of Files Section, granted one month's leave of absence without 11/15 pay because of illness F,xtension of leave without pay through December 31 12/21 leave ston, Henry H., Vice President, FRBank of St. Louis, with pay for 30 days or less as special assistant on temporary basis to Mr. Davis, War Food Administrator, granted by executive committee, 6/ 8 subject to approval of Board Proposed leave of absence not to exceed 30 days to serve as special assistant to Mr. Davis, War Food Administrator, matter left to discretion of execu6/ 9 tive committee granted Office, Secretary's Kenneth G., supply clerk in leave without pay to enter duty with Army Air 2/1 Corps 4414.0Yees of Board to attend Treasury War Bond show, two hours 9/ 9 Pabe,_ allowed for those not receiving tickets to -1", Philip D., laborer in Secretary's Office, granted leave without pay to enter active duty with U. S. 3/2 Army John R., Associate Technical Assistant in Division of Bank Operations, granted leave without pay to 6/21 enter U. S. Navy P8.11411", Mrs. Kathryn S., clerk in Division of Research and Statistics, granted extension of leave on former 2/27 basis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 671 1890 198 1457 591 605 1544 1694 1948 861 866 172 1311 336 916 314 185 Pages n_.°f absence: (Continued) aves waates, Dorothy, Economic Assistant, granted leave without pay to enter Women's Army Corps and payment of 5/12 12/ 1 of one month's unearned salary Haberler, for pay without Gottfried, Economic Specialist, leave 9/ 6 period September 4-18 with leave granted -Y, John H., messenger in Legal Division, 2/27 pay on account of illness Leave with pay be to not and extended on account of illness 3/30 charged against future leave 3 waived 9/ be to n A :clvances treated as one period, liquidatio granted Office, s Claiborne C., mail clerk in Secretary' leave of absence without pay to enter active 3/12 duty with U. S. Army Jot,— pay without leave granted Robert H., junior mail clerk, 12/ 1 to enter U. S. Navy of leave granted " S. Nancy B., secretary to Mr. Stark, absence without pay because of illness, leave previous to September 1 charged to accumulated and accrued leave, Board to continue retirement 9/ 4 contributions if she continues hers granted William A., printing clerk in Secretary's Office, leave without pay to enter active duty in U. S. 3/ 4 Army Air Corps Reserve DuBose, clerk in Correspondence and Publications Section, granted leave without pay to enter 6/25 United States Naval Reserve Itatern 7/27 modification of Board's policy re c)82 Milton, junior economist in Division of Research and Statistics, granted leave without pay to take pre-service civilian training course and then to be granted military leave for service with 2/ 1 Signal Corps Granted leave extension to not beyond July 31, 1943, to continue training for Army service, contributions 5/ 3 to retirement system to be continued leave granted Carpenter, Mr. to secretary Mrs. Sarah B., 4/10 because of approaching confinement Ikrer. ' S. Eleanor, secretary to Mr. Currie, extended for one 2/ 8 Aolici year es/ statement for consideration at meeting of employees' 9/10 oiltd8 committee with Board's personnel committee t°ne, John M., clerk in Secretary's Office, granted leave 4/ 2 m without pay to enter U. S. Army cong approachin of because leave granted Zinofred, finement, retirement contributions to be con9/ 8 tinued http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1800 1293 315 473 1276 364 1800 1280 341 938 1109-11 171 657 555 198 1320 490 1299 186 Pages ;: Of absence: (Continued) uper, Margaret E., Secretary to Mr. Draper, granted leave of absence without pay for period not to exceed 30 days to take care of emergency matters, contri10/25 butions to retirement system to be continued Schoenhoff, Robert J., assistant FRExaminer, granted leave with2/ 1 out pay to enter active service with Army acOperations, fer, Charlotte M., clerk in Division of Bank cumulated and annual leave to be taken, in addition to leave without pay, contributions to 5/29 retirement system to be continued Shay T pay without absence ti erOMe W., Attorney, granted leave of 8/19 to enter United States Naval Reserve Sick 1eave, application for period in excess of three days, requirement of physician's certificate waived, subject to discretion of heads of divisions 12/16 and offices Simpe and Research °n, Paul, Junior Economist in Division of Statistics, granted leave without pay to enter 4/10 U. S. Naval Reserve kith, enter Jesse D., messenger, granted leave without pay to 9/ 6 U. S. Army and annual leave of 17 days StIVIA E. B., First Vice President and General Counsel at FRBank of Dallas, three-months leave granted 3/31 because of illness ' Tlescoti'2 Charles, library aid in Division of Research and Statistics, granted leave of absence without 11/ 4 pay to enter United States Navy leave granted Robert P., clerk in Accounting Section, without pay to enter United States Army Air 6/14 4ck1ine, Corps Reserve without absence leave of granted M. Callie, nurse, 10/25 Willims, pay to enter Army Nurse Corps Mrs. Lois, secretary to Mr. Thomas, granted leave of absence without pay because of illness, contri10/29 17' butions to retirement system to be continued 14chell, Mrs. Willo, clerk in Division of Research and Statistics, granted leave of absence without pay, 12/ 7 to regain her health Walter, granted special leave with pay for one month to 2/12 Zide attend Fourth Army Orientation Course Louis., 1• Assistant FRExaminer, granted leave without pay 3/12 to enter active duty with U. S. Army 1011: ' 10t• lon of exchange charges, Board's ruling on, general subject being considered by House Banking and Cur12/31 rency Committee http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1549 172 808 1213 1920 554 1290 477 1636 881 1550 1574 1824 228 363 2022-4 187 Pages Leg& silLtion: (Continued) 'enTilow nt of Jorge Tejada by Board, no legal objection A:ens eesement on war loan deposits, elimination to be sought by ' legislation Bi11 to eliminate FDIC assessment, report of Mr. Ransom of discussion with Mr. Steagall 844k hold;_ --Lug company, brief re, request of Senator Downey to present before special House Committee Ileed for, opinion of Board Favored by Board, letter to Independent Bankers Association of Southern California, Los Angeles, California Proposed statement by Chairman Eccles for information of Presidents Draft of letter to Senator Wagner, action on deferred Proposed bill for freezing, review of situation by Chairman Eccles Death sentence, opposition to enactment of, statement by Mr. McKee Study, of, by Securities and Exchange Commission Proposed bill to be cleared with Bureau of the Budget Proposed bill, committee authorized to complete and arrange 13r.arIchfor introduction in Congress offices by financial institutions, routine request for report on S. 985, to restrict establishment of ktler Resolution, investigation of production credit associaCurre tions nt Tax Payment Act of 1943, employer to furnish Withholding Exemption Certificate and to withhold proof salaries, effective July 1 kge Act, d ,,, discussion of in connection with foreign banking corLati, porations of tax information between State and Federal Governments on reciprocal basis suggested for consid4. a eration of Council of State Governments 114...1 rid boom profits tax, letters to Messrs. Bailey and Pectoral Wickard re indicating approval of Pederal ,g.cultural , ri agencies, investigation of by Congress ome Loan Bank Act, amendment proposed by U. S. Savings - Home Pcieral and Loan League, not favored by Board Reports Act of 1942, memo of Mr. Shay on application to FRSystem Is Net:8uance of Regulation A by Budget Bureau re report forms Section 16, elimination of provision from paragraph 3 to be requested of Congress http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/30 461 1/ 6 30 3/16 382 5/25 772 5/25 772 6/25 945 6/29 977 9/23 1405 11/29 1759 11/29 1765 11/29 1776 11/29 1780 11/29 1780 5/ 6 672 9/20 1375 6/24 927 9/14 1342 1/ 8 50 37742 la 1 5/25 774 1/14 6/12 80 878 1/28 155 188 Pages egislatio . pt, (Continued) 'tet: (Continued) Section 22(g), applicability to Commodity Credit Corpora10/ 1 1449 loans FRbk notes, letter to Senator Wagner on S. 658 to repeal sec2/20 277 tion of FRAct on issuance of anitS, Government securities against loans authority to make to States, legislation for, not desirable or 11/30 1795 necessary PRrIctes: Issued by one FRBank and received by another, prompt return for credit or redemption, repeal of provision 2/11 220 of FRAct discussed Ren ' -ea4- of provision of FRAct requiring return to bank of 455 3/30 issue, recommended by Board Pledge of direct obligations of U. S. with FRAgents as collateral security for, Congress to be requested 3/30 455 to make permanent S. 1041, to extend period during which direct obligations of the United States may be used as collateral security for, enactment recommended by 5/22 755 Board Statements of Messrs. McKee and Eccles on proposed amendGove,_ 4/6 508 m.ents '-ument checks, reimbursement of Government for forged, need for limitation on, discussion at meeting of 11/15 1687 Federal Advisory Council with Board r.,i..Tent securities: 1-1-1 before Pennsylvania Legislature to permit State and municipal funds to be invested in, question of 464 3/30 in FRBanks safekeeping Pler Pled, of direct obligations of United States with FRAgent as collateral security for FRnotes, extension 155 1/28 to be requested Letters to committees of Congress to be prepared to re220 2/11 quest that authority be made permanent 3/16 Draft of letter transmitting proposed bill 384 3/30 455 Congress to be requested to make authority permanent Statement of Messrs. McKee and Eccles on proposed bill 4/6 507 Revised letters sent informally by Chairman Eccles to Messrs. Wagner and Steagall to request permanent 4/26 624 authority for Revised letters sent by Chairman Eccles to Messrs. Wagner and Steagall to request two-year exten4/26 625 sion of authority for , leport on S. 1041 to extend period 5/22 755 5/26 775 'ill to be published in FRBulletin for June http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 189 Pages Legi;s1.iljt,i.on: (Continued) .211 ,,g company: (See supra Bank holding company) °56, legislative and judiciary control of expenditures for publicity activities, memo of Mr. Ransom that Mr. Goldenweiser and Mr. Dreibelbis were 215 2/10 to study bill and watch progress of H.R. 1575, re statistical organization, Department of Commerce to act as Government information collection 5/22 754 agent, not favored by Board To prohibit Federal agencies from requiring persons to fur— nish burdensome and nonessential information, to require the Department of Commerce to act as the Government information collection agent, and for other purposes, letter from Bureau of the Budget in reply to Board's report on, no 10/ 2 1454 further action to be taken on RIR. 1988, procedure for microfilming and destruction of 427 3/24 records, savings under 11'11. 2001, payment of postage by executive branch of Government, favored by Board if also included judicial and branches legislative 2083, to amend title IV of the National Housing Act and for 4/ 6 525 other purposes, opposition to, letter to Mr. 12/18 1942 F. J. Bailey advising of 11'11. 2427, to extend authority of Land Bank Commissioner to make farm mortgage loans on behalf of Federal Farm Mortgage Corporation, no need for now, 6/ 2 832 letter of Chairman Eccles to Senator Wagner 4° need for as expressed in Board's letter sent to Senator H.R. 913 6/19 Wagner 3022 to authorize Secretary of War to use funds made avail— able to War Department in connection with ter— mination of War Department contracts, no action needed by Board at present, but Board has no objection to granting of if limited to war con— 926 6/24 tracts Navy Department report approved by Board, provision au— thorizing FRBanks to act as fiscal agents for 7/10 1039 purposes of Act suggested as addition sTeztzent of pension funds in bonds, etc., of United States, proposed bill to authorize officials of States 50 1/ 8 and towns to invest surplus funds in 14ed till to create a permanent Small Business Financing Corpora— tion within irRSystem, request of Presidents' Conference for opportunity to present views on, 957 6/29 to be submitted to Board r http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 190 Pages Nat, (Continued) 4.?na1 Labor Relations Act: Guards at Detroit Branch, certification of representatives pursuant to Section 9(c), filed by Amalgamated Plant Protection Local Union No. 114 (UAW-CIO) Oface Not applicable to rs receiving compensation in excess of g4,500, bill introduced by Senator McKellar that they be appointed by President Pr°duction credit associations, joint resolution in Congress to investigate sals, to be submitted to State legislatures, Board has l'I'c " none at this time, but desires enactment in certamn States of amendment re war loans Regio"al Agricultural Credit Corporation, dissolution favored by Board, statement of Chairman Eccles in letter to RePortsMr. Wagner .?n bills, same procedure to be followed as formerly Routine or other requests from Congress for, to be placed on docket with recommendation from Mr. Ransom as to necessity of report ' 75 to require that officers receiving salaries in excess of $4,500 be appointed by President, Mr. Dreibelbis S. to follow progress of bill 058 introduced by Senator Taft to repeal authority of FRAct Toto issue FRbank notes, report being drafted repeal section of FRAct on issuing FRbank notes, letter to Senator Wagner 8 '700, exem war loan deposits from reserve requirements, to necessitate revision of form F. R. 414, disS'756,cussion of to amend Federal Home Loan Bank Act and Home Owners' Loan Act of 1933, objectionable provisions, opposition of Board, expressed in letter to S. 7, , Senator Wagner " to amend Federal Home Loan Bank Act and Home Owners' Loan Act of 1933, objectionable provisions, opposition of Board, expressed in letter to Senator Wagner ' S 820, to Provide for automobile pool, no action on at present, progress to be watched by Mr. Draper 914, d issolution of Regional Agricultural Credit Corporation, favored by Board, statement of Chairman Eccles S. in letter to Mr. Wagner 985 to restrict establishment of branch offices by financial institutions, routine request for report on, Chairman's Office to ascertain action of FDIC and Office of Comptroller of the Currency before further consideration by Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/30 6/30 989 989 2/11 219 9/20 1375 9/18 1371 4/6 2/10 524 5/12 706 2/11 219 2/11 220 2/20 277 4/13 566 6/7 853 6/7 853 215 10/22 1539 4/6 524 5/6 673 191 Pages sat1011: (Continued) -* 985: (Continued) Report of Secretary of the Treasury stating opposition to, Board in agreement with RegY to Bureau of the Budget, to be sent immediately S. 986 ter to Senator Wagner, action to be deferred `)86, elimination of FDIC assessments by insured banks on deposits secured by obligations of U. S., routine request for report on, not to be submitted at present but progress of bill to be noted for future report if necessary Recommendation of Treasury Department against enactment concurred in by Board s• 1034, to reduce assessments due by insured members to Federal Savings and Loan Insurance Corporation, objectionable provisions, opposition of Board, expressed in letter to Senator Wagner to extend period during which direct obligations of the United States may be used as collateral security for FRnotes, enactment recommended by Board to aid in stabilization program and war effort by paid newspaper advertising in connection with sale of U. S. bonds, routine request for report on, S. 110 not to be made at this time 8, to continue Commodity Credit Corporation as agency of United States, routine request for report on, not to be made at this time S. 1341, to provide for loans for paying debts of World War II veterans, no report to be made at present srilaal business, credit for, question of policy and establishment of finance corporation and loan insurance fund, Skala not favored by Board business enterprises, intermediate and long-term credit for, draft of letter to be revised for submission Stabil. to Board for approval Nte:12at1o1 Fund, to be published in June issue of FRBulletin 9/23 1404 9/23 1404 9/23 1405 5/12 705 6/7 856 6/7 853 5/22 755 5/25 775 5/25 775 9/23 1410 5/19 739 5/12 5/26 707 790 • , Cotnni 9/18 1371 4'o-cations to be addressed to Mr. Wyatt : 1kt 'ere affecting banking under war conditions considered 1/26 141 by Presidents' Conference ProPcleed limamendment exempting guaranteed war loans from itations of State banking laws, enactment in 11/19 1715 necessary To authorizeVirginia and South Carolina not securities, investment of funds in Government stet& 4/2 491 at FRBanks discussed safekeeping 8tical Comof organization, H.R. 1575 making Department merce act as Government information collection 5/22 754 agent, not favored by Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 192 Pages LegA 8'Le•ti Ncla °11. (Continued) n of building of Board of Governors, controversy over with District of Columbia, memo of Mr. Dreibelbis Ter,,,4 , .-Lnat1on contracts, need for, discussion at meeting of Federal Advisory Council with Board 4411-Lnatlon loans, possible provisions for, discussed by Mr. McKee United States Obligations as Collateral for FRnotes, to be published in June issue of FRBulletin, date of approval of Act to be inserted before publication contract termination legislation", report containing text of bill to facilitate termination of war contracts, letter of Comptroller General to Senator Murray Ifiar '°an deposits, elimination of FDIC assessment on, status of bill discussed Exein Piton from FDIC assessments and requirement that reWar serves be maintained against, status of 4 i0ans: . AMendment exempting from loan limitations of State banking laws, enactment in certain States desired by Board uo expedite and facilitate termination of war contracts and to permit financing of such terminpayo ations, discussed at Presidents' Conference provisions of t44!.Administration: 'lve Order No. 9112, extension of authority to include desired by, letter of Bernhard Knollenberg, Senior Deputy Administrator Pro_ , pooed order making provisions of applicable to, to be restricted to reimbursement of War Department, suggestion of Board b_ Rev; .̀.4xectrt:'sed draft of order, no objection by Board lye Order 9336 authorizing to indemnify War and Navy Let, Departments and Maritime Commission in connecattion with war loan guarantees „azIco ppreci ntral de Ecuador, Quito, Ecuador, and other South American banks for courtesies extended to krico de , Messrs. Hammond and Triffin on recent visit -La Republica, Asuncion, Paraguay, for courtesies extended to Messrs. Hammond and Triffin on re--q% A_ cent visit la Republica, Bogota, Colombia, for courtesies ex' ' tended to Messrs. Hammond and Triffin on recent visit 3/30 459 11/15 1690 10/ 6 1472 5/26 790 10/ 7 1479 2/15 247 3/30 458 9/18 1371 6/29 5/ 6 956 669 4/ 6 510 4/10 4/16 557 597 4/28 634 12/16 1923 0; http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/22 1959 12/22 1958 193 Pages tette, 1320f appreciation: (Continued) '.uoo Central de la Republica, Oriental del Uruguay, Montevideo, Uruguay, for courtesies extended to Messrs. Hammond and Triffin on recent visit S ' 3ervice Commission, for letter and consideration re proposed amendment to Retirement System of FRBanks Coratrih st4;-_-ed Chiefs of Staff for use of Federal Reserve Building Valter R., Assistant Director of Division of Research and Statistics, for services with Board 'lanPower for designation of FRBanks as essenLit tial activities eins , ' ranee companies of America, program for combatting inflaLiqa. tion S+vocks registered on national securities exchanges, letter to Loks,: FRBanks on distribution of 12/22 1958 10/12 1495 5/25 771 11/ 5 1642 6/24 929 8/31 1265 2/10 210 kile4;.;u-itural credit, problem of, discussion of rates, etc. 9/20 lean Distilling Company, stock of, loan subject to Regulatark 11/26 tion U, procedure re additional advances of America, Bankitaly Mortgage Co., and Pacific Coast Mortgage Co., made by RFC, request for ac9/ 1 cess to files Los and dealers in securities: ens for purchasing or carrying Government securities to 11/12 be reported Shov • ring separately loans on Government securities and other loans, weekly report on by FRBank of New Co'h 3/31 York, approved by Board '"4-ater 004110,. a-4. for, use of Treasury tax savings notes, Series C 1/ 4 ContriopY credit, problem discussed 9/20 ltY Credit Corporation, applicability of section 22(g) of 10/ 1 r)ebte of FRAct to veterans of World War 2, S. 1341 to provide loans for 9/23 paying when discharged A'letofficers: ant cashier now in Army, member bank taking over loan 9/23 on home r bank cannot participate in Regulation V loan in excess of $2500 to partnership in which executive 7/10 officer has majority interest Notes evidencing CorporaCredit Commodity on executed loans ?arm 1/2 tion cotton form A-1942 111°rtgage loans on behalf of Federal Farm Mortgage Corporation, H. R. 2427, to extend authority of Land Bank Commissioner to make, no need for now, 6/2 letter of Chairman Eccles to Senator Wagner 1373 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1752 1271 1675 483 17 1375 1449 1410 1409 1039 10 832 194 Pages (Continued) "trial advances and commitments, report on Form 417 as of 15th of month may be discontinued 111clus •trlal) under Regulations S and V, discussion by Presidents' Conference ?II-1'01ai s ng er carrying Government securities, reports of weekly reporting member banks to be separate, suggestion of Treasury, reconsideration requested by Board Separate reports of weekly reporting member banks, request of Treasury, matter referred to Chairman Eccles Report of weekly reporting member banks, to be separate, requested by Board, subject to clearance with Bureau of the Budget Separate reports to be made by weekly reporting banks, intr)cat:10 structions sent to FRBanks 8, . 11 °Is banks: vrazir„d & ale Bank and Trust Co., Springdale, Conn., to purchase assets and assume liabilities of Stamford InO, A, w dustrial Bank and move headquarters to Stamford Bank Commissioner of West Virginia payment for luncheon authorized tonds of r Charity Hospital of New Orleans and of Louisiana State University as general obligations of political subdivisions and eligible for exemption under 141,4z Revised Statutes 3 Senator Scott W., Regulation W, request for rescission of by Rockford Finance Company of Rockford, Ill., 1,1111 letter re * L. w Supervising Examiner for Richmond District, avis FDIC, payment approved 'Thomas Reconstruction Finance Corporation, payment belltch approved Lc3cIte l Aje J-) Department of External Affairs, payment approved '-* W.) Bank Commissioner of West Virginia, payment or luncheon authorized il!acillt Rh W. A., Department of Finance, payment approved l N.) Review Examiner, FDIC, payment approved Lil,: -"u J-, Deputy Commissioner of State Banking Department of West Virginia, payment authorized 44dham T., "R., Office of Commissioner of Internal Revenue, plo„. ' .411cytre Payment approved e) A. F. W., Canadian Legation in Washington, payment Ra approved L., Foreign Exchange Control, Ottawa, Canada, payment approved 4/27 630 6/29 956 7/17 1066 10/22 1539 11/12 1675 11/24 1739 7/ 9 1029 4/22 615 2/10 210 12/24 1977 • http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/ 8 542 4/ 8 4/23 542 620 4/22 4/23 4/ 8 615 620 542 4/22 615 2/3 183 4/23 620 4/23 620 195 Pages 1411401, '"e0118: (Continued) ) H. E., Division of Review and Research of National War Labor Board, payment approved 2/3 183 4/23 620 Ilacintosh W. A., Department of Finance, payment for luncheon approved n engressman Warren G., letter opposing legislation enabling States to borrow from FRBanks on Government Power securities Problem, commercial banks, no action in matter by Board 14g:in at present cilZe quirements: No ges under Regulations T and U discussed "ion on at present to be taken by Board, opinion of Chairman Eccles 'ions T and U, increase in, to moderate speculation and restrain violent advances in stock prices, views of Securities and Exchange Commission requested, and to be taken up at special meeting IlePortf °-r. Purcell re views of Securities and Exchange Commission, 100 per cent increase favored, immediate action not called for Se in, memo of Mr. Parry, alternative proposals, discussion of, no action to be taken at present in view of pending executive order for regulation of use of credit, if decision on order not too No i„ long delayed 441,, -Q4'e needed at present, consensus of Presidents' Conferttn1ecommi ence et tr esion: (See United States Maritime Commission) ends. ;"ecul.4. • 4(T, 'Jive activity, report on to be made to Mr. Byrnes, Divave, 4. rector of Economic Stabilization R., plan for handling of nonpar items, letter and ree, p_ ply concerning "ngressman Charles E., reply to telephone request concerning protest against ruling of Board on absorption of exchange charges " - 101,ds ':! Payment for luncheon approved 44.1 3 Nalliam H., Administrative Assistant to the President, 4eei:!for. blood donations of employees of Board itIge: cafeteria employees, monthly deduction to be made for l Ret °aN Of Governors: lrement System, meeting to be held on December 17 if Board of Governors Plan elected by less than 2/3 majority http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/30 1795 6/4 839 3/15 372 3/30 472 5/12 709 5/18 727 5/18 730 6/29 962 3/30 471 12/24 1970 12/18 1937 4/8 542 3/16 2/ 1 390 170 11/ 2 1596 196 Pages Ileetirtors. 11.0 ,aree (Continued) tors of FRBank of Boston, Messrs. Eccles and Szymczak to meet with, procedure for 4eciltive officers, to be held in Cleveland district, Mr. Thurston to attend, schedule requested —er banks: 11/29 11/30 1797 reports, F. R. 105, words to be added to item for midyear 5/11 Cla . call eslfcation i for electoral purposes: Chan--T made only in Cleveland and Atlanta districts 9/ 4 con . Letter to 7/ 3 changes possible and review FRBanks on 0.,4c)n reports: ' °ans to Brokers and Dealers in Securities", weekly report showing separately loans on Government securities and other loans by FRBank of New York ap3/31 proved by Board ClIrren -c3r Shipment, shortage in reported by, attitude of FRBanks 3/24 requested by Board `411inat•lons, reports of: Confidentiality 3/16 of, letter to Mr. Brown of FDIC c°Pey procedure, and frequency of, further discussion of, 5/12 °Ilerat*statement of Chairman Eccles re continuance of lng ratios, supply of revised Form F.R. 456 for compiling Ileaent, 11/ 6 data for 1943 sent to FRBanks computation form, revised, proceeds of sales of War Savings Bonds to be included with "War loan deposits 11"erveof U. S. Government" of nine in Chicago District, penalties for deficiencies 4/17 Iti 8/13 waived Wef3 e14ti -ati°ns of banking laws, procedure for reporting 3/10 reporting, requested to report loans to brokers and ke dealers for purchasing or carrying Government kb° 11/12 securities NI4 4Artieric,4-4 rRSystem: 'fl State Bank of Bloomington, Illinois, application approved, subject to charge off of Lochner 10/11 family loans by January 1, 1948 klacost Cert* • iflcate 11/ 3 transmitted ja Bank, Washington, D. C., application received, letter to Comptroller of Currency as to location in outlying district as to capital classifica1/20 tion vice to FRBank of Richmond that bank is eligible for 2/19 membership as far as capital is concerned 413131. • ication approved, and capital stock to be increased 4/12 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1785 699 1283 1012 483 426 389 707 1650 602 1200 360 1675 1487 1626 99 271 563 197 Pages tie AIZ-13 in FRSystem: (Continued) ver Bank, Andover, Ohio, application approved 4/30 Certificate transmitted 5/17 la State Bank, Chicago, Illinois, application approved, subject to charge off of losses, savings account to conform with law and regulations 4rtificate transmitted 'uc_ of approved tankce Brodhead, Wisconsin, application I/21///7 r rtificate t ansmitted an , of Cairo, Missouri, application approved 11/15 ta_i ue rtificate transmitted Lut_of 1= Gassaway, West Virginia, application approved eertificate 12/30 transmitted ,LLK of subject to Gouverneur, New York, application approved, charge off of losses, to take steps to improve an 3/27 trust department and to strengthen management 4/1k of He Kansas, application approved, shares of own stock held as collateral to its loans to be disposed of, and trust account to be elim9/25 inated krike?:tyicate transmitted 10/23 °I Holyrood, Kansas, application approved 8/13 9/10 BkCertificate transmitted rel?f New Hyde Park, New York, application approved 12/27 a74Westmore1and Trust Company, Greensburg, Pa., application approved, subject to disposal of own stock carried in investment account, and cer9/ 7 tamn other provisions * • tearCert ,, lficate 10/11 transmitted irer State Bank, Tremonton, Utah, application approved, subject to charge off of losses and excessive 3/31 loans to be reduced CaPital 0, --4ty State Bank, Des Moines, Iowa, application approved, savings account to be brought into conformity with law, and trust activities to be super9/27 vised • Chardorirtificate transmitted 10/22 Savings Bank Company, Chardon, Ohio, application approved, savings account to be brought into con6/ 5 formity with law -111cate 6/29 transtted mi „ns n 12/ 4 approved Attica, New York, application 0. ertlf. 12/16 lcate transmitted 8 Bank of Hattiesburg, Mississippi, application approved, savings account to conform with law, and certain other matters to be concluded 8/ 7 satisfactorily Ce • rtificate transmitted 9/10 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 649 725 686 735 1300 1433 1695 1M- 2015 445 1426 1546 1199 1317 1981 1296 1488 479 1432 1545 846 980 1810 1922 1173 1317 198 Pages tilbeTsi,„ in FRSystem: (Continued) kiJLtazens Bank and Trust Company of Clarksville, Virginia, application approved ett ertificate transmitted 'hens State Bank, Hugo, Oklahoma, application approved, subject to issuance of proposed capital n Certificate transmitted umbus Junction State Bank, Columbus Junction, Iowa, application approved, exercise of fiduciary powers permitted of, C ertificate transmitted -yrnme rce-Warren County Bank, Warrenton, Missouri, application approved, subject to charge off of losses, and matter of issuance of common stock to be reviewed • co Certificate Mmeroial , transmitted Bank and Savings Company, Fostoria, Ohio, application approved, protection for ration stamps to be provided, and savings accounts to conform with law esrt*lficate • 004zie transmitted nl ' cial State Bank of Melvin, Illinois, application approved 00 srtificate transmitted mental " State Bank, Alto, Texas, application approved, excess balance in nonmember bank to be reduced to transmiztteestatutory limits co Cer • . rporatlflcate te stocks, cancelation of condition on disposal of, not desirable at present Niter Count n Bank, Challis, Idaho, action on application deferred for six months Trust and Savings Bank, Fort Wayne, Indiana, application approved, common stock to be shown at par value, compliance with condition No. 6 waived Cer4-- . , lficate transmitted 138-nking Company, Marion, Ohio, application approved, and savings accounts to be brought into conformity ,Luers with law s.nd Merchants Bank, Clay City, Indiana, application approved, compliance with condition numbered 6 waived, and requirements re savings deposit et73. to conform to law at r ml t_t Certif.Farke , lcate ' 8 and Merchants Bank, Greenwood, Wisconsin, application approved Certif Oe • . • transmitted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/14 5/7 588 680 11/26 1751 12/ 7 1825 9/25 1425 10/22 1545 11/ 9 1651 11/26 1751 12/18 1936 12/30 2015 3/27 447 5/ 7 680 5/31 6/17 818 900 1/8 43 10/13 1498 8/ 3 1155 8/17 1208 4/3 494 11/17 1708 12/23 1962 9/11 1326 10/11 1488 199 Pages Vetber p shiP in FRSystem: (Continued) -rillers and Merchants State Bank, Colby, Kansas, application 11/19 approved, subject to charge off of losses Fa Certificate transmitted 12/ 7 riners and Merchants Trust Company of Chambersburg, Pennsylvania, application approved, and savings ac7/15 counts to conform with law Certificate transmitted 8/19 '.1111.rs and Merchants Trust Company, Greenville, Pa., application approved, savings account to conform with law and management policies to be followed 9/ 1 closely Ce 9/27 rtificate transmitted P-rnlers Bank of Boydton, Virginia, application approved 4/12 ,o Certificate transmitted 5/7 'arMgrs Bank of Parkesburg, Pennsylvania, application approved 5/28 6/17 Certificate transmitted --liters Bank of Springville, Erie County, N. Y., Springville, N. Y., application approved, subject to charge off of losses 5/19 Pa Certificate transmitted 6/17 ,!,1"8 Bank, Sunbury, Ohio, application approved 8/23 pa Certificate 9/13 transmitted I'Ler'S Savings Bank Company, Stony Ridge, Ohio, application approved, savings account to conform with law and 5/7 regulations ?a Cer 5/29 tificate transmitted l'rllers State Bank of Camp Point, Illinois, application approved and excess balance with nonmember bank 1/12 to be reduced -4el's State Bank, Eustis, Nebraska, application approved 9/14 ?a Cer tificate transmitted 10/ 6 11 " ' i s State Bank, Lake View, Iowa, application approved 10/ 5 pal,:dertificate transmitted 11/ 3 -4ers State Bank of McClure, Ohio, application approved, savings accounts to be brought into conformity with law and wording of passbooks atIrte to be revised 4/9 cl's State Bank of Stryker, Ohio, application approved 4/29 Pe.rrne,"_tificate of membership transmitted 5/10 4-6 State Bank of Superior, Nebraska, application approved, savings account to be brought into conformity with law, and requirements re savings deposit 11/ 5 withdrawals to be met NItletificate transmitted 12/ 7 State Bank Company, Fayette, Ohio, application approved, and savings deposits to be brought into conformity with law 4/9 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1714 1824 1056 1214 1269 1433 562 680 798 900 735 900 1232 1337 678 809 64 1345 1466 1463 1626 548 644 695 1644 1825 548 200 Pages flIber pasiu-P in FRSystem: (Continued) riners State Savings Bank, Delta, Ohio, application approved and savings accounts to be brought into conformity with law pid Certificate transmitted elltY State Bank Dodge,City, Kansas, application approved, savings account to be brought into conformity with law Pirr,Certificate transmitted pi_° State Bank, Avinger, Texas, application approved 4.8t State Bank of Forest Park, Illinois, application approved pirs?e rtificate transmitted St State Bank of Grayslake, Ill., application approved and consideration of loans and investments to be secured by directors State Bank of Newman, In., application approved and number of directors to be increased Pirst Stat e Bank in Temple, Oklahoma, application approved, number of directors to be increased to a minCertimum of five Nria ' lficate transmitted a Bank at Orlando, Florida, application approved, savings account to be brought into conformity with law • hano_Cert' lficate transmitted " - r State Bank, Hamler, Ohio, application approved, savings obe brought into conformity with law ol=tted nl * icate Certif Banking Company, North Baltimore, Ohio, application approved Cer+. . 11 ,at, ,aficate transmitted Heig.1,,urg State Bank, Hartsburg, Illinois, application approved '""d8 State Bank, Houston, Texas, application approved, permission granted to maintain reduced reserves T 4 eert'f. -(4143st 1ca 1-te eacl Bank, Hempstead, New York, application approved, odcharge off of losses subject te ar 4 ae Lrt'f• 1-icate r °1111tY State Bank of Havre, Montana, application approved, and Northwest Bancorporation to obtain general voting permit Cer+., lieleat-e-3,-1:1cate transmitted otate Bank, Holgate, Ohio, application approved and savings account to be brought into conformity Be. with law Ilk and Trust Company of Darien, Connecticut, application approved, savings account to be brought into conformity with law Ce• rtlficate transmitted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/30 5/7 474 680 11/12 1671 11/27 1755 4/16 596 5/11 5/17 697 725 1/30 162 2/22 288 5/5 665 809 5/29 9/21 1389 10/ 6 1466 8/26 1245 9/13 1337 11/ 5 1644 12/ 7 1824 3/2 338 10/ 1 1448 10/22 1545 11/ 3 1625 11/18 1712 4/13 5/12 582 711 2/16 257 5/14 5/26 717 787 201 Pages ember8, 4 Ho,"-LPin FRSystem: (Continued) ''St011 Land and Trust Company, Houston, Texas, application approved, copy of resolution changing number of 11/ 1 1590 directors requested 16,4.Certificate transmitted 11/26 1751 -"3-ngton Station Bank, Huntington Station, New York, application approved, subject to charge off of 12/21 1949 losses, savings accounts to conform with law Certificate transmitted 12/30 2015 "Liana Lawrence Bank and Trust Company, North Manchester, Indiana, application approved, subject to charge off of losses, compliance with con7/15 1058 dition 6 waived Irm ! ertificate transmitted 8/ 5 1157 --"-Union Trust Company, Columbus, Indiana, application approved, subject to charge off of losses, com8/21 1227 pliance with condition numbered 6 waived 4nseaertificate transmitted 9/13 1337 n8 State Bank, Kansas, Illinois, application approved 11/15 1695 4 eltificate transmitted 12/ 7 1824 'rod Bank, Kirkwood, Missouri, application approved 12/ 6 1811 4ber ! rtcate transmitted 12/16 1922 'Y State Savings Bank, Liberty Center, Ohio, application approved, savings account to conform with law 5/7 679 and regulations Ce • 414es ,rt*lficate 5/26 787 transmitted 41148 ao County Bank, Athens, Alabama, application approved 2/27 317 eY Banking Company, Lindsey, Ohio, application approved, excess balances in nonmember banks to be re5/24 756 duced to within statutory limits , LockCet.4kaficate 900 6/17 transmitted Pc3rt Exchange Trust Company, Lockport, New York, application approved and compliance with condition 8/28 1252 No. 6 waived . 1,011gCer4.. ulficate transmitted 9/10 1317 Branch Banking Company, Long Branch, New Jersey, application approved, subject to charge off of losses and savings accounts to be brought into con11/27 1755 formity with law • ate t Ce t*lfic 12/10 1846 transmitted County Savings & Trust Company, Elyria, Ohio, application approved, management to be strengthened, savings accounts to be brought into conformity 4/ 9 546 with law, and permission to retain branch 0e1,4. ,..1,a46.-Q-ficate transmitted 5/ 7 680 e Banking Company, Fort Loramie, Ohio, application ap4/3 495 proved, subject to charge off of losses http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ' 202 Pages 144.1 Ilci shiP in FRSystem: (Continued) lroY Bank & Trust Company, Fayetteville, Arkansas, application approved, capital requirement to be fulfilled and losses to be charged off, advice re proposed change in title requested ilechan• --les and Farmers' Bank of Albany, New York, application approved, compliance with condition 6 to be waived until further notice kted,Cer ificate transmitted 't".fira.'lle State Bank, Medaryville, Indiana, application approved, subject to charge off of losses, common stock to be shown at par value, corrective action re number of directors to be taken, interest payment on debentures improper and to be brought to attention of bank EXtension of time for accomplishing membership, approved kirZertitificate transmitted 8 and Merchants' Bank, Chelan, Washington, application approved, and suggestions made with reference to capital stock ee rr tificate transmitted : and Merchants Bank, Smithfield, Ohio, application approved, savings account to conform to law, and certain other matters to be concluded satisfactorily Cer4.• Vorris 0-ficate transmitted Plan Bank of Virginia, question whether, if admitted to membership, Morris Plan Corporation of America and Industrial Finance Corporation would be 110,holding company affiliates qutain Trust Bank, Roanoke, Virginia, application approved, affiliate to dispose of bank's stock owned by it, retention and operation of branch at Vinton, Va., approved V Certif. icate transmitted Irust and Deposit Company, New Albany, Indiana, application approved Napa8aj-flcate eert' • transmitted of Commerce, Napa, California, application approved North icate transmitted .c-nd Bank and Trust Company, Bridgeport, Conn., application approved, minimum for paid-up and unimpaired capital to be $200,000, and savings accounts to be brought into conformity with law Xten • Exte-33 .-0n of time to complete nelon of time granted to complete http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/21 1950 6/29 979 7/ 3 1012 6/18 906 7/15 1059 8/ 5 1157 4/17 5/7 600 680 7/15 1058 8/ 5 1157 12/17 1927 7/29 1125-7 8/ 7 1174 4/23 619 5/7 680 lo/11 1488 11/18 1712 lo/26 1560 11/2o 1718 12/24 1977 203 Pages elAberst,, 1/0„" -L 4.LP FRSystem: (Continued) "'Tort Trust Company, Northport, New York, application approved, compliance with condition numbered 6 waived until further notice NI. Certificate transmitted all°114a State Bank, Buffalo, Oklahoma, application approved, excess balance carried in a nonmember bank to be reduced to within statutory limits, and number of directors to be increased as soon as possible Extens. OlAte lon of time for accomplishing BaT Trust Company, Oyster Bay, New York, application approved, compliance with condition numbered 6 waived pe„e_ertificate transmitted ' Pdek-Gladstone Bank, Gladstone, New Jersey, application approved and earnings should be conserved to Nvie, provide more adequate capital Now. 8 Bank, Greensburg, Ky., application approved Peo,l es Bank of Leslie, Michigan, application approved ' -`es Bank and Trust Company, Sunman, Indiana, application approved eert*ificate • peopi transmitted es Savings Bank, Port Huron, Michigan, application ap• ofproved .eopitxt,enslon time granted to complete es State Bank of Gillespie, Ill., application approved and savings accounts to be brought into conformity with law Pe°Ples 0_ State Bank, Rocksprings, Texas, application approved peop17t1.ficate transmitted "State Bank, Wauseon, Ohio, application approved, savings accounts to be brought into conformity with law and service of director under Sec. 32 to be investigated 'flt Trust Bank, Martinsville, Virginia, application approved Ce Po1,tla„ icate transmitted rrust and Savings Bank, Portland, Oregon, application approved, condition reports to include full amount due heirs of Pittock Estate on contribution made to bank Prlvil!tificate transmitted 'ges extended to nonmember banks discussed at meeting with Presidents --.41 for encouraging qualified nonmember banks to join discussed with Presidents http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/16 1517 11/ 3 1626 11/25 1744 12/13 1858 11/25 1743 12/ 6 1812 1/15 3/15 4/1 83 377 485 7/23 1095 8/23 1232 12/ 2 1803 12/28 1996 1/15 83 8/19 1214 9/22 1397 4/9 549 9/25 1424 10/ 6 1466 9/11 1327 10/ 6 1466 1/26 128 1/26 135 204 Pages 11EtherShip in FRSystem: (Continued) 44J- Estate Trust Company of Philadelphia, Pa., withdrawal of application for Remdck Savings Bank, Renwick, Iowa, application approved 10, Ce rtificate transmitted 'torerside Trust Company, Hartford, Connecticut, application approved, savings accounts to conform with law Certificate transmitted ,00sevelt State Bank, Roosevelt, Utah, application approved, subject to charge off of losses 40, Certificate transmitted °sford sa vings Bank, Rossford, Ohio, application approved, savings account to be brought into conformity with law saliertificate transmitted , e Savings Bank, Saline, Michigan, application approved sectl?rtificate transmitted ,1:lAY Savings Bank, Farnhamville, Iowa, application approved sec±?rtificate transmitted AY State Bank of Pecos, Texas, application approved Sarte_ertificate transmitted "a County Trust Company of Seneca Falls, N. Y., application approved, compliance with condition numbered 6 waived, excessive balance in nonmember bank to be reduced, and ownership of common stock to be considered Certi-,cate transmitted ' 0--L State Bank, Sidell, Illinois, application approved StateeVate transmitted ank of Akron, Indiana, application approved, compliance with condition 6 waived Cert.' • State Ificate transmitted Bank of Defiance Company, Defiance, Ohio, application approved, subject to charge off of losses, stock to be increased and savings accounts to be 8tate B brought into conformity with law an4 of Hammond, Ill., application approved subject to NtA charge off of losses Howards Grove, Usconsin, application approved qate i30-flcate transmitted of Seneca Falls, N. Y., application approved subject to charge off of losses and dividend policy of ta.t bank to be watched e v-Lngs Bank of Lincoln Park, Michigan, application approved, proper provisions to be made for losses Cert • iflcate transmitted T http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/29 1998 1511 10/15 11/ 3 1626 7/ 2 1008 8/ 5 1157 5/13 6/29 713 980 7/29 1124 8/17 1208 6/ 5 846 6/30 992 12/18 1936 12/30 2015 11/27 1756 12/ 9 1835 12/14 1891 12/27 1981 4/23 619 5/17 725 7/ 3 1011 7/27 1116 3/27 446 1/22 110 9/ 4 1283 9/22 1397 1/14 76 6/23 922 7/27 1116 205 Pages /44: 11.1) in FRSystem: (Continued) °n Trust and Deposit Company, Parkersburg, West Virginia, application approved, bank's requirements re withdrawals of savings deposits to conform to law ulit, e,rtificate transmitted ' 1 States Trust Company of Paterson, New Jersey, application approved, savings account to be brought into conformity with law wairiF,!rtificate transmitted L46Port State Bank, talnutport, Pa., application approved, relationship of Ervin H. Bittner under Sec. 32 considered and savings deposits to be brought into conformity with law . eni.Certif. Wflcate L'I. transmitted '" Avenue Bank, Kansas City, Missouri, application approved, subject to special condition re amount of paid-up capital and savings account to conform with law CertIficate * • transmitted 48in banks, condition of membership requiring bank to deposit securities with trust department for trust funds deposited in commercial or savings departItioir 8 ment, compliance waived r°s. State Bank, Centreville, Michigan, application approved ' • ate Certlfic transmitted ''redit Bureau of Youngstown, Ohio, proposed amendment to Regulation W, to close charge account records chi a..n on December 25, 1943, not approved erchants Credit Association, Detroit, Mich., reply to letter from Mr. Jordan on proposed amendments to Regulation W 444-1rIg ge, . 8n,3 procedure under H. R. 1988, regulations to be issued cars) monthly statement of for 1941 and 1942, 10% reduction in 1942 rY Gov ernment Division: requested to send names of additional qualified men 11/19 1714 12/23 1962 8/24 1236 9/10 1317 4/17 5/10 599 695 A 9/ 9 1305 9/27 1433 8/ 6 1166 7/27 1115 8/23 1232 12/14 1894 tit ki kk reservat.ions.. ng facilities at, manner 8erVice: of reporting on form 412 B., reemployment as assistant examiner by FRBank of Kansas City John C., Attorney, granted leave of absence without Iii441, pay to enter U. S. Army Rober4 -- W., junior economist in Division of Research and Statistics, granted leave without pay to enter active service 4ilitian, 2/13 3/24 234 428 3/15 375 4/30 649 2/13 235 IreY http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 4 1282 4/19 605 1/29 158 206 Pages klitarsr Be_- 7ervice: (Continued) nefit for temporary and indefinite employees, in employ of Board for nine consecutive months or more, payments to be made to those who leave after 6/16 June 12 Benefits to employees of Board, statement for presentation at meeting of employees' committee with Board's 9/10 Bohii Personnel Committee n, Mary Hedda, clerk in Division of Research and Statistics, granted leave of absence without pay to enter U. S. Marine Corps, Tomen's Reserve 4/9 eh • rlstmas presents for employees of FRBanks, expenditure ap9/14 proved Allison M., operator (duplicating devices), granted leave of absence without pay to enter United 12/14 bere— States Navy fluent of employees, letter to Mr. Robert M. Barnett on 1/22 problems of Board and FRBanks Committee appointed to make requests for 3/15 4/20 requests of employees for, discussion by Board Messrs Smead and Vest appointed alternates on agency comDer,„ 9/15 mittee 171ents: n'ackley, Howard H., Attorney, expiration of deferment and no further action to be taken on 9/24 Burke, Assistant Head of International Section, request for deferment for six months 7/ 7 L_ Deferment requested 9/10 ang, Arthur H., Assistant FRExaminer, deferment for six months requested by Agency Committee on Deferment 7/14 141.1 Extension of deferment to be requested 11/29 sgravs, Richard A., Associate Economist in Division of Research and Statistics, request for six months deferment 7/19 PiSer, Leroy M., Chief of Government Securities Section, 10/22 extension of deferment requested Re, sv-tests to be submitted to War Manpower Commission, but list of key positions not to be submitted at present 4/9 Simn ' -8°n Y Paul, junior economist, disposition to appeal deferment that would prevent acceptance of com3/16 mission in Navy E., General Auditor, FHBank of Atlanta, granted leave to enter armed services 4/19 s of FRBanks, reappointment of those engaged in, 12/15 precedent for http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 895 1321 544 1339 1890 109 367 619 1350 1412 1022 1319 1055 1787 1072 1543 544 381 605 1901 207 Pages service: (Continued) '''er) Mrs. Leila M., clerk in Division of Research and Statistics, granted leave of absence without pay to enter WAC Erne 17) Kenneth G., supply clerk in Secretary's Office, granted leave without pay to enter duty with Army Air Corps EtPlov - ees of Board, benefit for temporary and indefinite employees, in employ of Board for nine consecutive months or more, payments to be made to those who leave after June 12 Faber) Philip D., laborer, granted leave without pay to enter service with Army 4-3 John R., Associate Technical Assistant in Division of Bank Operations, granted leave without pay to enter U. S. Navy G4ites n 3 vorothy, economic assistant, granted leave of absence without pay to enter Women's Army Corps and paymerit of 5/12 of one month's unearned salary Raciri 'el') Howard H., Assistant Attorney, possibility of being drafted for military service brought to attention of Board, noted without action 131:?d 1 to request deferment of 'erment requested by Board, case pending s_ iration of deferment and no further action to be taken °II) Claiborne C., mail clerk, granted leave of absence without pay to enter active duty with U. S. Jones, Army ftobert H., junior mail clerk, granted leave of absence kith without pay to enter United States Navy IfiN ,. fl-LA-Llam A., printing clerk in Secretary's Office, granted leave without pay to enter active duty in U. S. Army Air Corps Reserve 4(3z.t, Martin, Senior Economist in Division of Research and Statistics, deferment not desired Lc)ane t, ' People in, for payment of insurance premiums, applicability of Regulation IV "ell, M. D uBose, clerk in Correspondence and Publications Section, granted leave of absence without pay to enter United States Naval Reserve 144 t°n) junior economist in Division of Research and Statistics, to be granted for service in Signal Corps after taking pre-service civilian training course Granted extension of leave to not beyond July 31, 1943, to continue training for Army service, contributions to retirement system to be continued http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/22 1544 2/1 172 6/16 895 3/ 2 336 6/21 916 12/ 1 1800 351 3/ 8 371 3/15 4/20 609 9/24 1412 3/12 364 12/ 1 1800 3/ 4 341 4/20 610 3/29 452 6/25 938 2/ 1 171 5/ 3 657 208 Pages kita tijy: service: (Continued) '10/1a1 Service Life Insurance, FRBank employees, eligibility of members of women's reserve organizations orle, John M., clerk in Secretary's Office, granted leave without pay to enter U. S. Army Edward D., messenger in Division of Research and Statistics, resignation accepted to enter military service, military benefit to be paid Schoe n"°ff, Robert J., Assistant FRExaminer, granted leave without pay to enter active service with Army Shav T "'Jerome 11 , Attorney, granted leave of absence without pay to enter United States Naval Reserve kraps Paul, junior economist in Division of Research and Statistics, deferment to be requested by Board Release to accept commission in Navy refused, letter stating reasons Grantec, , leave of absence without pay to enter U. S. Naval Reserve Re u eot of Board for deferment disapproved Jesse D., messenger, granted leave without pay to enter U. S. Army and annual leave of 17 days Ree 1 rTIP-Loyment after discharge from United States Army with no change in salary approved Treseot+-, Charles, library aid in Division of Research and Statistics, granted leave of absence without Warn__ pay to enter United States Navy 'r, Robert P., clerk in Accounting Section, granted leave of absence without pay to enter United States Army Air Corps Reserves ne, M. Callie, nurse, granted leave of absence without pay to enter Army Nurse Corps 0, Kenneth, Senior Economist in Division of Research and Statistics, deferment, Committee to make 4eik request for 'Louis W., Assistant FRExaminer, granted leave of absence without pay to enter active duty with U. S. L oebiPta Armysta ements 8 and credits of each FRBank in Interdistrict Settlement Fund to be compiled monthly instead of weekly gerlt8' Gold Certificate Fund showing withdrawals from and deposits in, to be compiled monthly instead of ecta: weekly 4gers, PTIA g8 bonds, Series G, question of order re carrying by State banks at redemption value http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/ 6 520 4/ 2 490 6/16 896 2/ 1 172 8/19 1213 3/15 370 3/20 417 4/10 ,4/20 554 609 9/ 6 1290 11/ 4 1635 11/ 4 1636 6/14 881 10/25 1550 4/20 610 3/12 363 2/ 9 207 2/ 9 208 12/28 1984 209 Pages kam Lat4„, 441 Americans, Mr. Gonzalez referred to as example of trainmzfram for Latirl-American Cot Paraguayan Government, monetary and banking project, services of Messrs. Gardner and Triffin to be made available for Messrs. Triffin and Hammond to represent Board 144014.1R."resentation of Board, each case to be submitted to Board nankers Association, statement in bulletin issued by, on -011 p Victory Tax withholding on directors fees ublic Service Commission, rate question pending before, fee for special counsel approved Ititehela, ing Company stores: lon of Regulation W, form of agreement issuing order for closing stores temporarily, similar to Clark case, approved Brothers Pr °posed order suspending license for one week and proposed press release, copies sent to FRBank of St. Louis 401, Order suspending license for violations of Regulation W ' 11 Bankers Association, Washington, D. C., consumer credit, figures on re industrial banks, new plan and forms suggested for use in determining, com40tio„ ments requested ures relating to war effort, plans for showing to Board 141t. under auspices of Reserve Board Club employees, 114tin ,n ui plates, signature and title of C. E. Earhart, San 8 Francisco, Mr. DeLpAlater to represent FRBank re and title of H. N. Mangels, Cashier, FRBank of San Francisco, Mr. DeLaMater to represent FRBank ature and title of Alfred T. Sihler, Mr. DeLaMater to represent FRBank of Chicago atures of Messrs. Ambrose, Davis, Partner, and Shaw, Mr. DeLaMater to represent FRBank of San Francisco I., suggested as type of man for President of FRBank of Cleveland tty 12/28 1992 5/27 792 8/ 5 1160 5/29 805 4/22 615 12/23 1962 6/17 902 6/19 6/24 912 931 5/4 661 7/20 1073 3/6 349 10/26 1561 4/27 632 5/26 789 2/22 282 4/22 615 4/ 5 501 3/24 427 John Deputy Commissioner of State Banking Department of West Virginia, payment for luncheon authorized Nst Archives: Nct of records, list of useless papers of Board of Gov-01.41 mfs sent to for examination Ives . R. Arch* Council: approved 988, regulations re destruction of records if http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 210 Pages National Association of Supervisors of State Banks: '.es G savings bonds, carrying by State banks at par, statelitirvi of ment to be prepared for submission to 4 ficial Used Car Guide: °11'44 publication changed to bimonthly basis, no effect re Regulation W, letter to Mr. Frank E. Breen banks: Aberdeen National Bank, Aberdeen, South Dakota, surrender of fiduciary powers approved AlbanY Exchange National Bank, to give up national charter and to take out State charter, in order to charge exchange Anieri can National Bank of Gadsden, Alabama, fiduciary powers, application approved Americ A an National Bank of Jacksonville, Florida: 4bsorption of collection charges, Board's ruling on, letter to Senator Pepper concerning inquiry re application to practice of 840,.Authority to carry reduced reserves, revoked erica N. T. & S. A., affiliate relationship with Transamerica Corporation in connection with election of directors of FRBank of San Francisco Protest against views of Board as to voting in election of directors of FRBank 411k -L. California, N. A., San Francisco, Calif., authority to exercise fiduciary powers through branch banks lafoAr c in Oregon and Washington °I-Intr National Bank of San Antonio, Texas, application for fiduciary powers approved 11 Iational Bank, Bliss, New York, assets to be purchased ' and liabilities to be assumed by Citizens Bank Cha of Arcade, New York p,Nat' lonal Bank, New York, N. Y.: -reign branches: Cairo, Egypt, proposed establishment as aid to servicemen suggested National Bank of Abilene, Texas, absorption of exchange charges, views of Mr. Gilbert are in ettize accordance with Board's position on n8 National Trust and Savings Bank, Los Angeles, Calif., plan of Transamerica Corporation to acquire ett, Na, shares of stock opposed by Board 'ional Bank of Albany, Georgia, to give up national charter and to take out State charter, in orCca °rad° der to charge exchange National Bank, Denver, Colorado, allocation of earnings of bank to trust department, not considered "payment" of interest http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/28 1984-6 3/15 378 10/21 1535 4/13 576 8/14 1202 1665 7/31 1138 11/11 11/ 4 1629 11/30 1792 2/27 318 11/13 1680 5/6 674 11/23 1723 12/29 2004 5/28 794 4/13 576 12/ 3 1806 211 Pages Nat.loral 00 4- banks: (Continued) rnMercial National Bank of Kinston, North Carolina: APPlication for fiduciary powers granted Assessment of annual trust license fee by Commissioner of Banks of North Carolina, matter referred to Comptroller of the Currency COn 4. -,Luion reports: Call as of December 31, 1942 Call as of July 2 ^ Call as of October 18 ‘,ontinental Illinois National Bank and Trust Co. of Chicago, In., guarantee agreement, revised form, interpretation of clause 3, paragraph B, section 10 Continental National Bank and Trust Company, Salt Lake City, Utah, applicability of Regulation W to installation of Thermopane EXamina • tlons, report forms, and rating system, recommendations Parme_ by Standing Committee rs and National Bank of Westminster, Md., surrender of right to exercise fiduciary powers Parte_ approved National Bank of Scottsville, Kentucky, deficiencies Pideli in reserves, penalty waived tY National Bank of Baton Rouge, Louisiana, application for fiduciary powers approved Pirst L ar,e County National Bank at Libertyville, Ill., surrender Pi of fiduciary powers approved -rst aulonal Bank of Ardsley, New York, absorption of expense of specially printing check books not a "payment of interest" National Bank of Bellflower, California, request of Peoples Bank of Lakewood Village to purchase assets and assume liabilities, move headquarters to Bellflower and operate branches, action deferred Per—, ILLssion requested by Peoples Bank of Lakewood Village to purchase assets and assume liabilities and operate branch, declined p.IrstLetter m to FRBank of San Francisco advising of action aticmal Bank of Bemidji, Minnesota, surrender of fiduPi ciary powers approved "cmal Bank of Bismarck, North Dakota, surrender of Pt fiduciary powers approved Na4, Hat' Bank of Boston, commitment fees in excess of 1/4 of one per cent, under new form of guarantee agreement, letter from Board re http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/22 421 6/5 847 1/4 13 7/ 2 1007 10/20 1533 5/ 5 666 10/ 1 1451 3/17 397 1/6 27 11/29 1787 10/ 6 1467 1/29 160 12/30 2017 1/19 94 3/17 393 413 3/19 12/ 1 1801 9/21 1389 9/ 3 1277 212 Pages t&O iTU banks: (Continued) •rst Natl.onal Bank, Canton, Pa., penalty on reserve deficien1/4 cies waived t National Bank of Chatfield, Minnesota, surrender of fidu9/21 Firstciary powers approved National Bank of Cleveland, Oklahoma, fiduciary powers, 5/15 surrender approved Pirst National Bank of Cochocton, Ohio, surrender of fiduciary 9/11 powers approved Pir'st National Bank of Dewey, Oklahoma, fiduciary powers, sur3/17 render approved First N ational Bank of Dixon, California, unsatisfactory condition, discussed by FDIC and Comptroller's 5/ 7 Pi Office, improvements needed rst National Bank of Eugene, Oregon, survey of deposits, requested by Securities and Exchange Commission, 10/22 not approved by Bureau of the Budget Pil'st National Bank of Garden Grove, California, request of Peoples Bank of Lakewood Village to purchase assets and assume liabilities and operate as 1/19 branch, action deferred Permission requested by Peoples Bank of Lakewood Village to purchase assets and assume liabilities and 3/17 operate branch, declined 3/19 te ter to FRBank of San Francisco advising of action Pil L National Bank of Holdrege, Nebraska, surrender of fidu5/22 ciary powers approved Pirst surBank of Hooker, Oklahoma, fiduciary powers, 5/15 render approved Pirst fiduciary of National Bank in Lamed, Kansas, surrender 6/25 powers authorized ?4'st of list for National Bank of Louisville, Ky., request bank holding companies, reply that no current 1/27 Piz. 4 list is available act to permission NatiOrlal Bank of Marietta, Georgia, as trustee in case cited in addition to powers 6/24 previously granted st Na applicasupplemental tiOtlai Bank of Marshall, Texas, 2/8 tion for fiduciary powers approved r1s 6 holding be to determined NatiOnal Bank of Miami, Florida, company affiliate, determination of 1935 rescinded, voting permit necessary to vote stock of Coral Gables First National Bank, 5/25 Coral Gables, Florida Gerieral permit to vote stock of Coral Gables First National p• 12/ 6 Bank, Coral Gables, Florida, issued lrst Nati onal Bank in Uiles City, Montana, surrender of fidu9/24 ciary powers approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 15 1390 722 1328 399 680 1542 94 393 413 752 722 940 151 930 200 782 1812 1412 213 Pages 4ati ziEci banks: (Continued) 'lrstNational Bank of Miller, South Dakota, surrender of fiduciary powers approved Pirst National Bank of Mount Vernon, Washington, surrender of fiduciary powers approved Pirst National Bank in New Castle, Newcastle, Ind., fiduciary powers granted First National Bank of Pleasantville, N. Y., assets to be purchased and liabilities to be assumed by County Plains, New York Pirst MOtional Trust Company, White Bank of Springfield, Ohio, surrender of fiduciary powers approved Pirst Mational Bank of Stockton, Calif., purchase of assets and assumption of liabilities in connection with establishment of additional branch by American Trust Company, San Francisco, Calif. First National Bank of Union City, New Jersey, surrender of fiduciary powers approved Pirst National Bank of Valley City, North Dakota, surrender of fiduciary powers approved First National Bank of Wayne, Nebraska, surrender of fiduciary powers authorized Pirst National Bank of Windom, Minnesota, surrender of fiduciary powers approved Pirst National Exchange Bank of Roanoke, Va., sale of trust assets to wife of director, violation of section P1orida 11(b) of Regulation F National Bank and Trust Co. at Miami, Fla., status of St. Joe Paper Company, Jacksonville, Florida, Pr as holding company affiliate of cluare National Bank, Franklin Square, Long Island, N. Y., Regulation WI re-siding and re-roofing material, amendment not necessary, opinion of Gkt,, Board I Ilationa1 Bank, Gary, Indiana, application for fiduciary powers approved upon conversion from Gary State Bank, Gary, Indiana ' 4 Leo - Mat Bank, Grafton, North Dakota, surrender of filia4.4 '1011f4duciary powers approved National Bank, Haddonfield N. J., application for te fiduciary powers approved "'re National Bank, Chicago, Illinois, to be converted from Lake Shore Trust and Savings Bank, Chicago, LNA Ill., and fiduciary powers to be granted 4-1 Na • tlonal Bank, Lowell, Indiana, surrender of fiduciary powers approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/5 847 5/19 736 3/10 357 6/30 992 9/25 1427 8/23 1232 10/ 4 1460 8/11 1193 4/ 3 495 7/ 8 1025 8/18 1211 2/17 263 5/22 753 7/24 1100 11/25 1746 2/ 4 186 11/ 5 1645 9/25 1427 21 Pages °rIal 14e1 hanks: (Continued) allies National Bank of Providence, R. I., purchase of assets and assumption of deposit liabilities by Trust Company Industrial 14ercar,L11 Commerce National Bank in St. Louis, Mo., permission 110ntrto maintain reduced reserves granted ose National Bank, Montrose, Colorado, surrender of fiduciary powers approved Nation , American Bank of New Orleans, La., application for fiduciary powers approved upon conversion from American Bank and Trust Company, New Orleans, La. National Bank of Austin, Chicago, Ill., application for fiduciary powers approved upon conversion from Nati Austin State Bank, Chicac-o, Ill. °nal Bank of Commerce of Lincoln, Nebraska, absorption of exchange charges by, violation of Regulation letter to be sent to Comptroller Delano Q, Letter , -to Comptroller Delano "-Ling on, letter from Comptroller of the Currency enclos!let.; inE letter from attorneys of 113 1 Bank of Commerce in New Orleans, La.: ! 7 .)c)I'Ption of exchange charges, letters to Senators Wagner and Bilbo re APPlication for acceptance of drafts or bills of exchange up to 100 per cent of capital and surplus ap- 12/10 1847 1/1 3 6/11 872 12/ 9 i35 11/15 1696 8/ 6 1169 8/23 1233 10/11 109 12/13 1:_,'59 11/ 1 1591 proved Bank of Commerce, Paragould, Arkansas, par clearance 12/24 1973 situation, letter from Mr. Woosley re 4"ional Bank of Jamestown, North Dakota, surrender of fiduNational 3/20 /418 ciary powers approved City Bank of Cleveland, Ohio, consolidation with Union Bank of Commerce Company, Cleveland, Ohio, reduction in capital of State bank for plan, no National 12/ 7 1825 objection to City Bank of New York, branch at Santos, Brazil, established as sub-branch now to be a branch, no tlatiorial 4/10 555 application necessary Park Bank in Livingston, Montana, surrender of fiduNational 6/18 908 ciary powers approved information Shawraut Bank of Boston, 1ass., request for on United States assets frozen in sterling area 79 1/14 Pi countries -st National Bank, Bluffton, Indiana, certificate of deposit having alternate maturities, continues to be time certificate after expiration of interest earlier maturity dates, letter re 7/22 1033 on sent to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 215 Pages Natonal banks: (Continued) O114ella maha and ' Lincoln, Nebraska, resolution on absorption of ex10/27 change and collection charges Paterson National Bank, Paterson, New Jersey, Messrs. Agnew and Fayerweather not to continue as directors of 10/23 and employees of Eastman, Dillon P,c Co. enins ula National Bank of Cedarhurst, New York, surrender of 4/10 fiduciary powers approved Peopies P-Les National Nat Bank of Ottawa, Kansas, surrender of fiduciary 8/ 2 Pe0 , 1 powers approved es National Bank of Washington, Seattle, Washington, reply as to possible modification of Regulation W as 2/6 to "add-ons" and "consolidations" Scra„ Analysis" National Bank, Scranton, Pa., "Monthly Account 12/ 9 Second used by, not a violation of Regulation Q National Bank of Ravenna, Ohio, surrender of fiduciary 10/13 powers approved 'Y-First National Bank of Los Angeles: "egUlation W, question of Registrant making loan to meet first curtail on other outstanding loan, pro8/ 5 hibited under section 7(c)(2) + Trust funds, investment of, in own savings department, ad7/21 ou-t 3. vice re under Regulation F lde National Bank in St. Louis, Mo., reduction in re9/ 6 quired reserves approved National Bank, Tiffin, Ohio, surrender of fiduciary 12/21 11/11.-ver, powers approved 4 u-LtY National Bank, Chicago, Illinois, permission granted htillotingt to maintain same reserves as reserve city banks 12/ 1 Nt.onalH rusts covering stock of, question of validity of 1/23 1 141. H°11sing Act, opposition to H. R. 2083 to amend Title IV of 12/18 ' 4 'e °using Agency: t ijes4 se hall • Y. -Sing: -Lgaation of projects under Regulation IN, problems to be 1/198 7/1 998 444 589 1/30 2/10 164 212 referred to of credits, heating equipment, repairing or replacing of if work takes place more than 90 days prior to beginning of heating season, ruling on Remodel, ing and rehabilitation projects, letter to Mr. ord := I e or ddoroin designation of GerteralNew Order No. 60-4B, removal of authority to exempt remodeling and rehabilitation projects, copy of Order and revised form NHA 60-5 sent to Orider FRBanks Pro • rehabilTiding for new procedure as to remodeling orhousing ' itation projects designed as defense rloceran+ion • http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1564 1547 556 1144 195 1836 1158 1078 1292 1951 1801 118 1943 11/ 3 1626 2/ 4 186 216 Pages Natiorm, ol4L Housing Agency: (Continued) er No. 60-4, amendment to exclude siding and roofing from 7/1 "defense housing", suggestion of Board Consideration being given to amendment to cover such cases as violation of Regulation ':by Camden Trust 8/ 2 Co. "defense ellan‘ge in, e1irnnating siding and roofing from 9/ 9 housing" exemption, to be made Orde,w, 8/ 5 t'o. 60-4A, revision of, ruling re defense housing Procedure for designating remodeling or rehabilitation 44ttonal L b 8/11 projects %ley ,a or Relations Board: '"s at Detroit Branch, informal discussion re to be held by tiati 6/30 Messrs. Leonard and Dreibelbis with ()nal. Calkins, Mr. of service -allway Labor Panel, no objection to 11/22 New York as member of tia4. No . director of FRBank of 12/18 °uJection to Robert D. Calkins serving on Resources research Planning Board, program for regional studies suggested by, statement by Mr. Eccles 2/26 on progress wrial List ne iurties exchanges: tiatione) stocks registered on, letter to FRBanks on distribu• 2/10 tion of Se ,11 pa. ri vce Department, Disabled American Veterans:. : for cashing of compensation and pension checks bydi_ FRBanks, not possible for Board to issue . t1.01.1ea 9/16 1%. Rice letter re to Mr. Niarprvice Life Insurance: employees, eligibility of members of women's reserve ort, ‘ 4/6 ganizations S' all.'Lr„ e. I'lar Labor Board: increases of employees of FRBanks and Board, procedure 1/26 discussed with Presidents SIIPPlem erltal compensation, FRBanks permitted to pay maximum rates without certification, but increase in 12/16 not approved 1113131 elliental compensation, increase in, not approved by, letter It VIA 12/18 to FRBank of New York -ee . of 9/15 11strnent revision ac1 .1.2 elpar procedure, letter to FRBanks on clIrt : tleY shipment, shortage in reported, letter referred to Mr. Leach, Chairman of Committee on Operations eneY shortages, policy approved by Board and Presidents Conference Order 9112, estimate of liability under, to be deter?.Iriaz1 mined by Bureau of Budget ce . Q-ction Qe, sums of money owed by FRBanks to be paid to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 998 1146 1306 1158 1193 989 1719 1933 305 210 1357 520 134 1921 1934 1351 8/21 1229 12/18 1940 4/ 6 3/27 523 448 217 Pages 11E117 7\07! .rtment: (Continued) nlon rendered by Attorney General on question of commitments re terminated contracts, and time required for consideration of applications, letter to Under 12/10 1849 Secretary Forrestal re Per— '"nnel attached to Finance Section, copy of supplemental memo 6/11 872 sent to FRBanks Regtaation V, reimbursement of expenses under, tables prepared 3/17 400 Reportby Board for aid in on H. R. 3022 to provide funds to contractors in connection with termination of war contracts, no objection to report with addition of provision 7/10 1039 stated Staff: Smith, Edward B., U.S.N.R., appointment as Assistant Chief War loans, of Finance Section, advice of guarantee agreement, cancellation of contracts, letWar loans, ters sent to and comments requested flglarld Homguaranteed 90% or more, report on status of requested from FRBanks Home Equipment Co., Boston, Mass., Regulation VI, application of A6 down-payment exemption of Section !IN j 4(a)(3) in light of Section 12(1) tiew Yow, kleair: tii • ,4 01,,interest rates on time and savings deposits, lowered Z)Camin raring House Association: a'ion reports, question of making available to, proposed letter re sent to FDIC and Comptroller of the 14(311111erlib Currency for confirmation krierei wanks: tr! i: 11 Savings Bank of Atlanta, Ga.: ' lftY Automatic Credit Plan considered violation of Regulation VI acosti a ,-,ank, Washington, D. C., advice that bank is eligible A.r. ertea for membership in FRSystem as regards capital Bank of Pittsburgh, Pa., assets purchased and liabilities assumed by Peoples Pittsburgh Trust Comtank of pany Bradshaw, Texas, absorption by Winters State Bank, tarik of Winters, Texas, no objection to Crofton, Kentucky, transfer of deposits and cash to 13ank of Planters Bank and Trust Co., Hopkinsville, Ky. ubutct-,Miss., elimination of statement of borrower in connection with loan under Regulation W tt1e Mountn • al State Bank, Battle Mountain, Nevada, purchase of assets and assumption of liabilities by Nevada Bank of Commerce, Elko, Nevada http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/14 1203 5/19 738 3/31 481 6/25 942 4/13 574 9/15 1353 2/15 251 2/19 271 2/16 257 1/22 111 2/27 317 3/29 453 7/14 1054 218 Pages No4411416 4a.sti: banks: (Continued) Beach Bank, Jacksonville Beach, Florida, absorption of exchange 11/23 charges, letter to Senator Andrews re Chelsea Savings Bank in Chelsea, Mass., question of section 8(a) exempting as a "first lienu a second mortgage loan not made "to the same borrower", applica5/11 bility of W-128 enster for application on action County Bank, Challis, Idaho, 10/13 membership deferred for six months Xansas State Bank, consolidation with State Bank of Dodge City, Kansas, under title of Fidelity State Bank, 11/12 Dodge City, Kansas County Bank, Austin, Nevada, merger with Nevada Bank of 7/14 Commerce, Elko, Nevada hLoan "J bank which has filed agreement with Board but loan is not for purchasing or carrying securities, not 10/30 subject to Regulation T Morri -° elan Bank of Virginia, question whether, if admitted to membership, Morris Plan Corporation of America and Industrial Finance Corporation mould be 12/17 4°Ithern Trust holding company affiliates confidentialCo., Philadelphia, Pa., letter on 3/16 ity of examination reports to be sent by FDIC eferential ' Pl Government short-term rate on advances secured by securities making available to nonmember banks 1/26 discussed with Presidents 441 Estate Trust Company of Philadelphia, Pa., withdrawal of 12/29 T. St, 4.4c application for membership in FRSystem 4 4-s County Bank, Fort Pierce, Florida, absorption of 11/23 St exchange charges, letter to Senator Andrews with consolidation Conn., Industrial Bank, Stamford, Springdale Bank and Trust Company, Springdale, 7/ 9 ha.4.tde 104-Conn., approved -c‘nic of Archer, Iowa, purchase of assets and assumption of deposit liabilities by Security State Bank, 12/30 StateSheldon, Iowa ?enk of Dodge City, Kansas, consolidation with Kansas State Bank under title of Fidelity State Bank, 4o), 11/12 Dodge City, Kansas 3 .1 gressman W. F., reply to telephone request concerning Notit.le protest against ruling of Board on absorption 12/18 of exchange charges &Hir memwith business transacting of shberg, Inc., question ber of national securities exchange and of maintenance of credit extended without violation of Regulation T, situation not covered by sec5/7 tion 7(b) http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1727 698 1498 1672 1054 1585 1927 389 128 1998 1727 1029 2016 1672 1937 681 219 Pages North Roy Notices: Deputy Third Assistant Postmaster General, reduction in maximum rate of interest on time and sayings deposits, suggestion re Retire Rev ment Plans, notice of election by Board employees lrement system, Board of Governors Plan: Chaages in, notice to Board employees Statement of understanding for new employees of Board "0" Otbazie ' 1 Senator W. Lee, letter on service fees charged by banks °trice, o on out-of-town checks Administrator for War Loans Committee, sum added to cover , k:Ae of ce pense of bus transportation for messenger heco p: unts maintained by FRBank of New York for Banque Nationale Suisse, letter to Mr. Price on transmission of Cer180 letter re Coirm,fhiP intercepts, letter to Mr. Price on value to Board '1.41-cations between FRBank of New York and Banque Nationale Suisse, procedure in handling, matter being studied by -'11cations between FRBank of New York and Vatican and Sveriges Riksbank, informal discussion, not in OrN files of Board Coordinator of Inter-American Affairs: rszy, program for members requested by Tr'acieWiloT:1J program, Jorge Tejada of Bolivia in U. S. in connection with, memo of Mr. Gardner re possible employment Re Train,quest for employment of Mr. Tejada in FRSystem 4llg Scholarships Program, cooperation of Board to be given 00. qIce ' to or .Ec at onomic • Stabilization: Or ng edit f space, offices made available to Mr. Vinson by Board °r Purchasing, carrying, or trading in commodities, real estate, or securities, authority of Board to regulate use of, to be conferred by executive order, suggestion of Mr. Byrnes, Director i4tlati,, Opinion of Mr. Byrnes on use of facilities of FRSystem in combating 141'ket trends, --11,4s, report to be made to Mr. Byrnes, no objection to, by Securities and Exchange Commission ulliza-10n t. program including dangers of inflation, letter from Mr. Byrnes read to Presidents http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/ 3 1148 11/ 2 1617 11/ 2 1609 11/ 2 1621 5/29 814 3/27 449 6/15 892 10/21 1536 6/25 944 6/25 944 3/30 462 3/30 460 4/2 490 4/2 490 5/29 801 4/29 637 2/26 308 3/30 471 3/2 326 220 Pages n .Of Economic : Warfare: flited States Commercial Company and Rubber Development Corporation, question of authority of FRBank of New York to execute and deliver checks for accounts of in accordance with instructions of RFC, letter to Honorable Leo T. Crowley Yaze r1 ort T., employed by Board to translate Japanese articles for Military Government Handbook Emergency Management: en ' S. Helen, substitute nurse, loaned from Board for month of September on reimbursable basis Ippetail extended for period October 1-6, 1943 etail on reimbursable basis extended for period not beOrr. yond October 23 WarofL 10 end-Lease Administration: ens, guarantees, War Department procedure re, copy sent Ott; -Lee 04._ Mr. Graham Heiner and FRBanks ettl,erlce Administration: Aild Policy Office: Change in personnel, advice of vgulation W, list of suggested changes in, letter to Mr. Namine, Hubachek 's employed by FRBanks, eligibility for preferred gasoline mileage, ruling on 8 for FRSystem authorized to inspect ration banking records leap. ?at4.0;Vdministrator to be appointed, release issued by pi,-anking program: -n for reimbursing FRBanks for expenses in connection with Vouch submitted by FRBanks re, to be sent to regional Nrt, offices for payment 7/31 1139 9/15 1354 trm7 B0ri 8/30 1255 10/ 6 1466 10/19 1530 5/1 654 7/26 1105 3/30 465 1/1 4 2/10 3/15 215 375 1/15 84 3/31 482 "sr/ Francis A. 2 appointed to succeed Mr. Frank B. OrP qCw. or 7/26 1105 .1ternate on Consultative Committee sa : a.or AttiziLt t tiesYva:Food 1.1" Mr. Davis for services on temporary basis of Mr. 0ttic Edmiston, Vice President of FRBank of St. 6/8 862 Louis Information: , Ha on inflation 306 prepared by, to be sent to all member banks 2/26 'Info ndbook ncyw 3/19 414 being revised l'illation Program on Economic Stabilization to Keep Down the Cost of Living", prepared by, copy sent to 6/18 909 FRBanks 6/29 972 ia8tributi0n of pamphlet left to each FRBank illent of printing for those distributed through FRBanks, 7/10 1036 not approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 221 Pages ()trice of War Mobilization: rrangements by Mr. Byrnes with Chairman Eccles for offices for Mr. Vinson, Director of Office of Economic 5/29 801 Stabilization UniteH States Commercial Company and Rubber Development Corporation, question of authority of FRBank of New York to execute and deliver checks for accounts of in accordance with instructions of RFC, 7/31 1139 letter to Honorable James F. Byrnes ° State Doard of Tax Appeals: 8/18 1211 OpenZnnecated deposits, advice of decision re 171:Zet operations: Illation furnished to presidents should not be made avail1/26 140 Purnh able to directors, opinion of Mr. Eccles e and sale Banks, Loan of obligations of Federal Home 5/25 774 &Peratiroo. not favored by Board R. F. Form °mere. el° ratios of member banks for 1943, copies of 11/ 6 1650 456 as revised sent to FRBanks 81aspe . nsl°t1 of license of Consumers Home Equipment Company for 12/29 2007 seperls. violation of Regulation W for stores 1°11 of license of Mitchell Clothing Company ON 6/24 931 violation of Regulation W 0 a17 powers, exercise by Bank of California, N. A., San 2/27 318 Francisco, Calif., in eqiit Court ourt 9/24 to available 1413 e ccIm ation reports, not to be made 011 Ntr Pen.s:xtiT)aitr:i ertinie of Board of 5/ 5 664 Governors 48-hour week to be continued ?11,13aril aYinent: or Philadelphia, change in method of, certification procedure to be used in presentation of matter to 9/21 1388 War Labor Board Chan, . e in method of, no objection to, provided approved by regional office of National War Labor Board, payment of supper money to guards and building 10/16 1516 employees approved exempt employees at, formula for 6/30 983 AEk,„ qtie A4 ttpr es3ast mortg age Co., loans made by RFC to, request for access to files -"ee Corporation, San Antonio, Texas, letter to Mr. Hitson on designation of Kelley Blue Book, The Official Used Car Guide http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 1 1271 8/ 9 1177 222 Pages Pa L. *aper A C4111g* survey being made by FRBank of Chicago cil enclustrY survey completed by FRBank of Chicago aor_a_nc.e) discussed at meeting with Federal Advisory Council tiati Imide, favored by Board, final determination one for appropriate legislative bodies, letter to Bank of Forest, Miss., re mission to, Messrs. Triffin and Hammond to represent RePort on trip Board and work in connection with new monetary and co banking laws, by Messrs. Hammond and Triffin ngressman Wright, bill re bank holding companies, conversation with Chairman Eccles re Idea8 on ay/lierite: legislation Cortioplz Credit Corporation, sight drafts issued in making dairy feed payments, need for more convenient form °- special manuscript for Mr. Paul Hermberg, compensation to Mrs. Anna Kantorovitz to be same as for d Miss Goldberg Ileto,eduction plan: u8 Qn War Savings Bonds, instructions to FRBanks " 8-mounts" and purchases during War Loan Drives, letter to FRBank of San Francisco explaining Board's ) 1 eaae Opinion re D C°11ter -erICeS: °Inie handbook for use at, temporary employment of someone to take charge of work for Board, search for satisfactory person to be continued Woodlief, designated to take charge of preparation of DAel, financial material for 'senator Claude, absorption of collection charges, Board's ruling on, letter of explanation re Adsni • zrect. nlstration for War: ' I ve No. 62, amendment dealing with credit devices used in sale of motor fuel at retail wktilnt made no objection to issuance of directive by k,becti+Products: 1/26 1/26 5/24 137 137 768 7/10 1040 8/ 5 1160 11/24 1731 6/29 977 11/29 1772 11/26 1752 12/ 7 1827 12/31 2025 9/14 1346 7/10 1035 7/24 1098 11/11 1665 1/8 1/14 49 79 1/14 78 -u retail sales of, reply to letter from Consumers Co0 ke_ exai . operative Association on vImnatio re, PI Dr. James A employed as alternate examining physi14LAtree cian to make during absence of Dr. Barr • W., Canadian Legation in Washington, payment for luncheon approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/17 1207 4/23 620 223 Pages Polic4 B".! . Board of Governors: ranch banking and Transamerica interests, letter to Mr. Ford re ?°11cie proa, PRSystem: cedure re by Board, before being submitted to board of directors jrecord: ' 44111 of Governors: of entries covering 1942 approved E Entries, ntries, guarantee charges on loans under Regulation V, minimum and maximum fees on those made by Reconstruction Finance Corporation i suance of FRbank notes, omission of reference approved Regulation K, amendment to section IX, Investments in the Stock of Other Corporations, adopted egulation N, amendment of aegulation W: Amendment No. 3, changes in statement with respect to, suggested by Mr. Parry for Amendment No. 10 adopted, concerning "authorization" of small items and "cycle billing" War loans, commitment fees, not to exceed 1/2 of 1 per cent per annum in guarantee agreements to free working capital upon cancellation of contracts ' 4er'al 0pen Market Committee: Orafts of entries for 1942 sent to representative members for comments and suggestions Dr p !-L...! . ,.of entries for 1942 submitted by Mr. Carpenter Ckuo _ Q-1- Illiations of directors: 4418, Robert D., Class C at New York, no objection to membership on National Railway Labor Panel PerA.! `LI-em allowance while serving as member of National Pos 'exchan Railway Labor Panel, no objection to Orris, ge funds, classification as savings deposits Red -e Department.. ' 11 in maximum rate of interest on time and savings de?ost posits, discussion by Messrs. Smead and Vest age: with representatives of Otricial Pot, mail matter, bill to require payment by executive L.aa. aa branches of Government favored by Board ecille,irjrigs funds: l'ozt, n in Maximum interest rates on time and savings deposits, effect on C()rlomic a/Tiation: aspects, material re to be communicated to Dr. Goldenweiser http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/16 1922 12/ 8 18,31 2/17 265 2/10 4./ 212 274 9/14 1343 12/14 1876 3/2 338 8/28 1253 8/30 1258 1/28 3/12 155 366 11/22 1719 12/18 1933 2/22 289 8/ 3 1148 4/ 6 525 8/ 3 1149 10/15 1512 224 Pages Poetim,, conversion: 957 6/29 p4flcussi0n of financing requirements for 'Iarmial aspects of, consideration given to action of Presi11/ 2 1604 dents' Conference re —"Ilmtion loans upon cancellation of war contracts, discussion of by Federal Advisory Council at meeting 9/20 1377 with Board 1)4tvia,. - Period: 17, discussion of reconversion and adjustments to be made " N8t, 9/ 3 1275 in L ar ;Plans ' 12/15 1913 Re n of Mr. Eccles on giving thought to search activities of FRSystem, discussion of means of coor.. a 12/15 1911 of Pow'47r probi 4--oulems: Cooperation with Co 'ttee for Economic Development, discussion 11/ 2 1605 of, no action at present Letter of work to re inquiry to M. Baruch in reply . 12/ 9 1838 Board on 48or of the United States: Pti°n of exchange charges, Board's ruling on, letter re pr 12/31 2022 eetclents sent to titeeti) , Of FRB: e8s ' ,g8 with Board: (See Conferences, Presidents) jklau,ements: 8/28 1254 Corlilftent No. 10 to Regulation W, statement to be released "of representatives of United Nations to discuss -en Cons, 532 4/7 stabilization program, not actually called `utters Home Equipment Company, violations of Regulation Iv, draft sent to FRBank of Chicago for sugges12/18 1938 tions 12/29 2007 CNItt r suspending license for violations of Regulation iv ) handling of by Board, statement to be prepared for release at White House at time of signing of tai 4/29 640 order n -ress reviews of Bank for International Settlements, letter to State Department to request Swiss 2/1 175 Government to include in material sent 56 1/9 Nairigs and expenses of PaBanks for 1942, preliminary figures settlement of terminated war contracts, resolution adopted by Federal Advisory Council and subLit 11/16 1700 mitted to Board at joint meeting 'llrance Companies of America, seven-point program for combatting inflation, suggestion by Chairman 8/31 1265 Eccles for FRBanks http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 225 Pages Pl'ess stat ements: (Continued) itCheli Clothing Company stores, proposed order closing for one week for violation of Regulation W 2rder suspending license for violation of Regulation Nat,;( "'nal matters, issuance of frequent statements on, need for discussed Regulation Q, ruling on absorption of exchange charges, misleading article upon colloquy between Messrs. Patman, Crowley, Ransom, and Dreibelbis Reglilation V guarantees, broadened program to free working capital upon termination of contracts, information re Resolution of executive committee of Federal Advisory Council on loans guaranteed by Smaller Var Plants Corporation, action deferred m.Y . : of ownership of deposits, summary of principal results War ;ress release on results of 4-0ans: Commitment fees, not to exceed 1/2 of 1 per cent per annum, in guarantee agreements to free working capital upon cancellation of contracts, press statement to be prepared 40,1ruarantee agreement, revised form, statement re statements of FRBanks, System's holdings of Treasury bills to be published OteQt1 Helena Branch building, advice re requested Inv;(Tds: s'Anent in Government securities, amendment of State laws to authorize, discussed at meeting with Presidents .On: '11"icaZions for enrollment in Army Institute Course, erroneous statement re service charges made by tootFRBanks and articles, policy of Board as to showing connection of author with FRSystem Ce.t.44g of the Army Institute, erroneous statement re service charges made by FRBanks Chartbook With charts on bank credit, money rates, etc., revised edition available to members of Banking and Currency Committees of House and Senate ‘4. Affairs Handbook on Germany, special manuscript in connection with prepared by Dr. Paul Hermberg, arrangements for typing by Miss Goldberg approved 7113ing of manuscript completed by Mrs. Anna Kantorovitz http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/19 6/24 912 933 12/15 1914 12/29 1998 8/31 1263-5 12/ 7 1820 7/ 8 1026 10/ 1 1446 8/30 1259 601 4/17 497 4/3 11/27 1757 1/26 142 7/ 5 1018 11/24 1737 7/ 5 1018 4/8 541 11/16 1705 12/ 7 1827 226 Pages ca ?b me_ ions: (Continued) 'redit World", advertisement re cycle billing, by Remington Rand, Inc., objections to "Informat ion Program on Economic Stabilization to Keep Down the Cost of Living", prepared by Office of War Information, copy sent to FRBanks Distribution left to decision of FRBanks Payment of printing for those distributed through FRBanks, not approved List -ui registered on national securities exchanges, with supplements, letter to FRBanks on distribution rY Government Handbook, studies to be included in chapter on money and banking, Board to undertake for War Department Stat -us of material being prepared by Division of Research and Statistics for inclusion in Mr.,.-ang v employed to translate Japanese articles for Retai'a:Lus l of work on 'lng, article on Regulation 11, invitation to Mr. Ransom to ft Nte contribute declined and Local Finance in the National Economy", by Mr. Hansen, connection with the System to be shown lo in book al.'s book on war financing, suggestions on proof to be sent to Mr. French, Deputy Manager of American Bankers Association C°11Iraet 1A,4 n s of Board on 'nor changes suggested in example under answer to Question Via Is, 32 Abs orption of Exchange Charges a Payment of Interest?", Article discussed at meeting of Federal Ad— visory- Council with Board checks, handling of, advice that Board has received copies of letter re from Mr. Day, President of FRBank of San Francisco Ckk,.t. 6/18 6/29 909 972 7/10 1036 2/10 210 2/4 187 5/29 803 9/15 1354 11/24 1733 11/12 1675 11/24 1737 5/28 5/29 798 812 6/16 897 11/15 1692 3/31 482 flQ11 C`1114ritwl' cf Board: (See Board of Governors, Building) Of PRBanks and branches: Iletrolttte Branch, purchase of adjoining lot, no objection to Branch, purchase of building and land at 150 West NIlank Fort St. of Boston, purchase of two parcels of real estate adja— cent to premises of bank, approved satisfactory http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/22 1721 12/28 1989 6/7 856 12/15 1906 12/29 2009 227 Pages Qllarter s of FRBanks Banks and Branches: (Continued) ijoi a Branch, protection provided by building Branch, further study to be made of space problem ""Lspace occupied by, statement to be .submitted on Rati7ni, re8: °- Lianking, supply sent to examiners of FRBanks 11/27 1757 9/18 1362 3/25 433 1/16 89 Foreign Exchange Control, Ottawa, Canada, payment for 4/23 luncheon approved 620 klswL.8 Ir ' Pllaank Of Atlanta: /14)c edules of discount and purchase approved of Sche-, ' 11-1-es of discount and purchase approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/8 1/22 2/5 2/19 3/ 5 3/19 4/2 4/16 4/30 5/14 5/28 6/11 6/25 7/ 9 7/23 8/ 6 8/20 9/ 3 9/17 10/1 10/15 10/29 11/12 11/26 12/10 12/24 42 107 189 270 344 407 489 595 647 715 798 871 936 1027 1086 1163 1218 1274 1360 1445 1510 1573 1668 1748 1841 1964 1/8 1/22 2/5 2/19 3/5 3/19 4/2 42 107 189 270 344 407 489 228 Pages Rates. (Contiued), "lbstik of Boston: (Continued) Schedules of discount and purchase: (Continued) Nizok of Chicago: Schedules of discount and purchase approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/16 4/30 5/14 5/28 6/11 6/25 7/ 9 7/23 8/ 6 8/20 9/ 3 9/17 10/ 1 10/15 10/29 11/12 11/26 12/10 12/24 595 647 715 798 871 936 1027 1086 1163 1218 1274 1360 1445 1510 1573 1668 1748 1841 1964 1/8 1/15 1/22 1/29 2/5 2/19 2/26 3/5 3/12 3/19 3/26 4/2 4/9 4/16 4/23 4/30 5/? 5/14 5/21 5/28 6/4 6/11 6/18 6/25 42 82 107 157 189 270 310 344 362 407 435 489 543 595 616 647 675 715 744 798 838 871 904 936 229 Pages 4tee. f ,141 kContinued) Bank of Chicago: (Continued) Schedules of discount and purchase: (Continued) N.111. of Cleveland: ' c edules of discount and purchase approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/ 2 7/ 9 7/16 7/23 7/30 8/ 6 8/13 8/20 8/27 9/ 3 9/10 9/17 9/24 10/ 1 10/ 8 10/15 10/22 10/29 11/ 5 11/12 11/19 11/26 12/ 3 12/10 12/17 12/24 12/31 1000 1027 1061 1086 1130 1163 1198 1218 1248 1274 1313 1360 1/11 1445 1483 1510 1538 1573 1639 1668 1713 1748 1805 1841 1925 1964 2020 1/ 1 1 1/15 82 1/29 157 2/12 227 2/26 310 3/12 362 3/26 435 4/9 543 4/23 616 5/7 675 5/21 744 6/4 838 6/18 904 7/ 2 1000 7/16 1061 230 Pages 11Lt..e 2_ (C ntinued) ° Cleveland: (Continued) 'mankof Schedules of discount and purchase: (Continued) 7/30 1130 8/13 8/27 9/10 9/24 10/ 8 10/22 11/ 5 11/19 12/ 3 12/17 12/31 1198 1248 1313 1411 1483 1538 1639 1713 1805 1925 2020 1/1 1/15 1/29 2/12 2/26 3/12 3/26 4/2 4/9 4/23 5/7 5/21 5/28 6/11 6/25 7/ 2 7/ 9 7/23 8/ 6 8/20 9/ 3 9/10 9/24 10/ 8 10/15 10/29 11/12 11/26 12/10 12/24 1 82 157 227 310 362 435 489 543 616 675 744 798 871 936 1000 1027 1086 1163 1218 1274 1313 101 1483 1510 1573 1668 1748 1841 1964 of Dallas: Schedules of discount and purchase approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 231 Pages Itatea, kContinued) ' ' 11%11k of Kansas City: (Continued) Schedules of discount and purchase approved 1/1 1/15 1/29 2/12 2/26 3/12 3/26 4/2 4/9 4/23 5/7 5/21 6/4 111krik. sclaof Minneapolis: -edules of discount and purchase approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/18 7/ 2 7/16 7/30 8/13 8/27 9/10 9/24 10/ 8 10/22 11/ 5 11/19 12/ 3 12/17 12/31 1 82 157 227 310 362 435 489 543 616 675 744 838 904 1000 1061 1130 1198 1248 1313 1411 1483 1538 1639 1713 1805 1925 2020 1/8 42 1/15 82 1/29 157 2/12 227 2/26 310 3/12 362 3/26 435 4/9 543 4/23 616 5/7 675 5/14 715 5/28 798 6/11 871 6/25 936 7/ 9 1027 7/23 1086 232 Pages Rates. (Continued) ' Bank of Minneapolis: (Continued) Schedules of discount and purchase: (Continued) --qik of New York: Schedules of discount and purchase approved 8/ 6 8/13 8/27 9/10 9/24 1163 1198 1248 1313 1411 10/ 8 10/15 10/29 11/12 11/26 12/10 12/24 1483 1510 1573 1668 1748 1841 1964 1/ 1 1/8 1/15 1/22 2/5 2/12 2/19 2/26 3/5 3/12 3/19 3/26 4/2 4/9 4/16 4/23 4/30 5/7 5/14 5/21 5/28 1 42 82 107 189 227 270 310 344 362 407 435 489 543 595 616 647 675 715 744 798 838 904 936 1000 1061 1086 1130 1163 1198 6/4 6/18 6/25 7/ 2 7/16 7/23 7/30 8/ 6 8/13 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 233 Pages Continued) "Izahk of New York: (Continued) Schedules of discount and purchase: (Continued) kealk of Philadelphia: Schedules of discount and purchase approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/20 8/27 9/ 3 9/10 9/17 9/24 10/ 1 10/ 8 10/15 10/22 11/ 5 11/12 11/19 12/ 3 12/10 12/17 12/24 1218 1248 1274 1313 1360 101 1445 1483 1510 1538 1639 1668 1713 1805 1841 1925 1964 1/ 1 1/8 1/22 2/5 2/19 3/5 3/19 4/2 4/16 4/30 5/7 5/21 6/4 6/18 7/ 2 7/16 7/30 8/ 6 8/20 9/ 3 9/17 10/ 1 10/ 8 10/22 11/ 5 11/19 1 42 107 189 270 344 407 489 595 647 675 744 838 904 1000 1061 1130 1163 1218 1274 1360 1445 1483 1538 1639 1713 234 Pages Rates: , ,1111 lOontinued) atlic of Philadelphia: (Continued) Schedule of discount and purchase: (Continued) 12/ 3 1805 12/17 1925 12/31 2020 a11- of Richmond: Schedules of discount and purchase approved kank Of St. Louis: Schedules of discount and purchase approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/8 1/15 1/29 2/12 2/26 3/12 3/26 4/9 4/23 5/7 5/28 6/11 6/25 7/ 9 7/23 8/ 6 8/13 8/27 10/ 8 10/15 10/29 11/12 11/26 12/10 12/24 42 82 157 227 310 362 435 543 616 675 798 871 936 1027 1086 1163 1198 1248 1483 1510 1573 1668 1748 1841 1964 1/8 1/15 1/29 2/12 2/26 3/12 3/19 4/ 2 4/16 4/30 5/7 5/14 5/21 5/28 42 82 157 227 310 362 407 489 595 647 675 715 744 798 235 Pages Rates, (Continued) nk of St. Louis: (Continued) Schedules of discount and purchase: (Continued) r Of San Francisco: chedules of discount and purchase approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/4 6/11 6/18 6/25 7/ 2 7/ 9 7/16 7/23 7/30 8/ 6 8/13 8/20 8/27 9/ 3 9/10 9/17 9/24 10/ 1 10/ 8 10/15 10/22 11/ 5 11/12 11/19 11/26 12/ 3 12/10 12/17 12/24 12/31 838 871 904 936 1000 1027 1061 1086 1130 1163 1198 1218 1248 1274 1313 1360 1411 1445 1483 1510 1538 1639 1668 1713 1748 1805 1841 1925 1964 2020 1/ 1 1/8 1/15 1/22 1/29 2/5 2/12 2/19 2/26 3/ 5 3/12 3/19 3/26 4/2 1 42 82 107 157 189 227 270 310 344 362 407 435 489 236 Pages Rates. (Continued) 4rac of San Francisco: (Continued) Schedules of discount and purchase: (Continued) Porta R. 296, quarterly rate schedule, revised, supply sent Irrt, to FRBanks °rest lowering of maximum on time and savings deposits, discussion re http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/9 4/16 4/23 4/30 5/ 7 5/14 5/21 5/28 6/4 6/11 6/18 6/25 7/ 2 7/ 9 7/16 7/23 8/ 6 8/13 8/20 8/27 9/ 3 9/10 9/17 9/24 10/ 8 10/15 10/22 10/29 11/ 5 11/12 11/19 11/26 12/ 3 12/10 12/17 12/24 12/31 543 595 616 647 675 715 7/)// 798 838 871 904 936 1000 1027 1061 1086 1163 1198 1218 1248 1274 1313 1360 1411 1483 1510 1538 1573 1639 1668 1713 1748 1805 1841 1925 1964 2020 9/ 8 1301 4/13 574 Rates: , int lContinued) eF,est: (Continued) feximum on time and savings deposits, lowering from 2-1/2 per cent to 1-1/2 per cent favored by Chairman Eccles, case for, to be prepared including relationship to postal savings and undertaken jointly with FDIC Reduction in maximum favored by Board if FDIC agreeable Maximum on time and savings deposits, reduction of to 1-1/2 per cent, further discussions to be held with representatives of FDIC Ad ditional time for consideration requested by FDIC, Mr. Goldenweiser to prepare statement of reasons for Di scussion by Messrs. Smead and Vest with representatives of Post Office Department Reduction of maximum on time and savings deposits, matter Patte to be tabled ' Ill of, statement of Mr. Morgenthau re adjustment brought Prep_r about by war bond drive ential rates on advances to member banks secured by shortterm Government securities application to nonmember banks discussed at meeting with Presidents 4/ ' 1°Y1 chebanking: tk es3 reimbursement of FRBanks for handling flers for FRSystem authorized to inspect records, letter to Instr Administrator of Office of Price Administration tictions and forms for carrying out plan sent for use of examiners of FRBanks °1i'erla Piping supervisory activities by OPA and banking authorities, letter to Bureau of the Budget onnaire, in connection with examination of banks, explanation of to Bureau of the Budget 2ement of FRBanks for expenses in connection with program, letter to Office of Price Administration I's Submitted by FRBanks, to be sent to regional offices 4 •kori of OPA for payment -Qoline / examiners of FRBanks eligible for C books, ruling of estai. Office of Price Administration C ve: ? edit fo taro, r) possibility of handling by Board °f New York, payment of fees for services re valuations ()4q1,, -4tiof property owned by PRtatiks °11. Finance Corporation: as fiscal agents for USCC under, proposed executive order for transfer of powers to Board of Economic Warfare http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 237 Pages 4/13 5/12 574 709 7/27 1107 7/27 1113-4 8/ 3 1148 8/ 3 1151 9/20 1384 1/26 128 3/26 438 2/10 215 1/16 89 7/28 1120 7/28 1120 1/15 84 3/31 482 i/i 4 4/29 637 8/18 1212 6/21 917 238 Pages 4%,),r;sL uruction Corporation: (Continued) .uarantee Finance s for loans must be submitted to Advance Payment and Loan Branch of War Department for prior approval Guarantees on loans made by, adoption of minimum and maximum fee to be charged being considered GUarantees of war production loans received from, detailed investigations need not be made by FRBanks and minimum and maximum fees fixed to Bank of America, Bankitaly Mortgage Company, and Pacific Coast Mortgage Company, permission to review files re at San Francisco requested Uoast Mortgage Company, request for use of files to review loan transactions with, in connection with Staff examination of Transamerica Corporation 2/ 6 194 2/6 195 2/10 211 L'ans made Pacific Da • tiriat 71e, Thomas H., payment for luncheon approved ed States Commercial Company and Rubber Development Corporation, etc., transferred to Office of Economic 4,0 Warfare by President's Executive Order 9/ 1 1271 8/ 3 1152 41 8 542 7/31 1139 Kreau of the Budget, establishment of inter-agency committee 12/18 to deal with financial problems of "cqlai A producfood of ' & financing Corporation, gricultural Credit 4pw; 4/7 tion by, discussed and other plans considered Program for economic studies, plans of FRBank of Phila1/14 delphia in connection with 1/20 for FRBank of Cleveland approved °Illiet to be employed to direct, statement of Chairman 2/26 Eccles 14)-3 research program: °Yrilent of qualified man to assist in direction of, problem 6/29 to be decided by Board as soon as possible )10 Yraent of economist for, Mr. T. W. Schultz to be offered position if willing to accept, Mr. Evans to 7/ 2 discuss matter with him temporary 1 - W., Research Consultant, appointment for 7/27 period and salary approved satisfacRalph, question of employment as economist, no 7/ 2 tory arrangement made with sraaa:on statements: loan companies, request of Antitrust Division of Department of Justice for access to, discussed with 1/26 Presidents am of Governors: 1): N Amendment exempting war loan deposits from reserve requirements, approved Amendment to be published in May issue of FRBulletin http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/13 4/19 1945 532 80 100 305 975 1004 1108 1004 124 572 607 239 Pages Reguil,ations: .oard of F: (Continued) Governors: (Continued) Sale of trust assets to wife of director, violation of section 11(b) Security-First National Bank of Los Angeles, investment of trust funds in own savings department, advice re Amendment to section IX, Investments in the stock of other corporations, adopted To be published in October issue of FRBulletin Leave: Policy because of war conditions revised War time regulations re current and accumulated N, Relations with Foreign Banks and Bankers: Blanket permission to FRBanks to open "one-way" accounts and participation by all FRBanks in foreign accounts discussed Authority favored by Mr. Szymczak Mr. Dreibelbis to confer again with subcommittee of Presidents' Conference re drafts for FRBank of Boston to participate after revision of Revision discussed in memorandum of Mr. Szymczak Revision of statement of procedure, to be submitted to Presidents' Conference for discussion Proposed revision and statement of procedure, no need for change, in opinion of Presidents' Conference Revisions of, blanket permission for opening accounts in foreign central banks, memo re discontinuance to be prepared by Mr. Szymczak, and statement re delay of Revision of, to be placed on agenda for next meeting of Presidents' Conference, and legal subcommittee to submit comments to Committee on Foreign Accounts Discussion at Presidents' Conference, to be considered further 1 evision of, to be submitted to Board urafts of revised Regulation and procedure letter X-9774, memo from Mr. Szymczak on Revision of Regulation and statement of procedure re foreign relationships of FRBanks, copies to be sent to FRBanks Revision of, statement to be published in January issue of FRBulletin http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/18 1211 7/21 1078 9/14 1343 9/17 1361 618 4/23 7/22 1081 6/15 888 6/29 965 7/ 2 1005 7/ 2 1005 4/ 6 514 4/29 641 6/29 965 9/25 1421 9/25 1421 10/19 1528 11/ 2 1605 12/14 1874 12/14 1876 12/18 1945 240 Pages 11-11qa , ti°118: (Continued) of Governors: (Continued) 0: @: Executive officers under Sec. 22(g) of FRAct: Applicability of section to Commodity Credit Corporation loans to FHA Title II loan on home of assistant cashier now in military service, question of member bank taking over, not in violation of, if officer does not participate in operating management of bank, letter to FRBank of Minneapolis Vice presidents of County Trust Company of Maryland, Cambridge, Md., regarded as Under proposed resolution vice presidents not regarded as Inactive officers of member banks serving as directors and members of discount committee, applicability to Member bank precluded from participating in Regulation V loan in excess of $2,500 to be made to partnership in which one of its executive officers has a majority interest Absorption of exchange charges as violation of, statement by Mr. Ransom Discussed by Federal Advisory Council Letters to Senator Wagner and Congressman Steagall and Doughton explaining Board's ruling Letter in reply to Mr. Crowley re ruling on, copies sent to Messrs. Wagner, Steagall, Doughton, and Glass Discussion of applicability of ruling to individual cases Enforcement of, inquiries in connection with ruling on, no further action by Board Examination of bank to determine applicability of ruling to each case Statement for use in connection with inquiries about ruling, copy sent to FRBanks Resolution against adopted by nine banks in Omaha and Lincoln, Nebraska Letter explaining background of ruling in reply to Mr. Leonard A. Flansburg, copies sent to FRBanks and Comptroller of the Currency Letter of explanation to Senator Pepper on ruling Discussion of progress since publication of Board's ruling http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/ 1 1449 9/23 1409 8/21 1228 9/25 1428 2/12 229 7/10 1039 4/13 5/24 579 767 8/ 6 1167 9/ 9 1307 9/20 1379 10/ 6 1473 10/13 1499 10/18 1522 10/27 1564 11/ 9 1654 11/11 1665 11/15 1691 241 Pages Boa_ s: (Continued) Of Governors: (Continued) Q: (Continued) Absorption of exchange charges: (Continued) Telegram to FRBank of Atlanta answering two questions in connection with ruling Letter to Senator Andrews explaining Board's ruling Question of Board's authority to make ruling, letter to Senator Wagner re in connection with letters from Senator Bilbo and Mr. Sasser Letters to Messrs. Charles E. McKenzie and W. F. Morrell on ruling Restatement of Board's ruling on, position unchanged, copy of colloquy between Messrs. Patman, Crowley, Ransom, and Dreibelbis sent to FRBanks Views of Mr. Gilbert in reply to Citizens National Bank of Abilene, Texas, are in accordance with Board's position on Letter to President of the United States on ruling Absorption of expense of specially printing check books at First National Bank of Ardsley, not a "payment of interest" American National Bank of Jacksonville, Florida, absorption of collection charges, Board's ruling on, letter to Senator Pepper concerning application to practice of Amendment to permit redemption of certificates of deposit before maturity for purchase of Government securities, no action taken on Analysis of individual accounts, "Monthly Account Analysis" used by Scranton National Bank, not a payment of interest Statement to be published in January issue of FRBulletin National Bank of Commerce of Lincoln, Nebraska, absorption of exchange charges by, violation of Letter to Comptroller Delano Ruling on, letter from Comptroller of the Currency enclosing letter from attorneys of Service charges, letter to Patchogue Citizens Bank and Trust Company, Patchogue, New York re Time and savings deposits, reduction of maximum interest rate discussed Reduction in rate favored by Board if FDIC agreeable Further discussions to be held with representatives of FDIC http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/23 1725 11/23 1727 12/13 1859 12/18 1937 12/29 1998 12/29 12/31 2004 2022 12/30 2017 11/11 1665 6/29 963 12/ 9 1836 12/18 1945 8/ 6 1169 8/23 1233 10/11 1489 12/30 2018 4/13 574 5/12 709 7/27 1107 242 Pages Z °n8: (Continued) ru of Governors: (Continued) Q: (Continued) Time and savings deposits: (Continued) Additional time for consideration requested by FDIC, Mr. Goldenweiser to prepare statement of reasons for Discussion by Messrs. Smead and Vest with representatives of Post Office Department Matter to be tabled 8, Industrial Loans by FRBanks: Action taken on by Presidents' Conference T: Amendment No. 3, section 4(o)(3), "Special Cash Account", adoption of Statement on amendment to be published in September issue of FRBulletin Cash transactions of unregistered securities, entering in margin accounts, permitted under Regulation Debit balance of customer, amount that may be withdrawn, interpretation of Loan by nonmember bank, not for financing transactions in securities, not limited by section 8(a) of Securities Exchange Act of 1934 Margin requirements, changes in, memo by Mr. Parry sent to Board Increase in, to be discussed by Chairman Eccles and Mr. Purcell, and matter to be considered at special meeting Increase in, report of Mr. Purcell re views of Securities and Exchange Commission, 100 per cent increase favored, immediate action not required No increase needed at present, consensus of Presidents' Conference U°rris & Hirshberg, Inc., question of transacting business with member of national securities exchange and of maintenance of credit extended without violation of Regulation, situation not covered by section 7(h) Technical changes, no objection to by Securities and Exchange Commission U: American Distilling Company, stock of, loan subject to Regulation, procedure re additional advances Margin requirements, changes in, memo by Mr. Parry sent to Board Increase in, to be discussed by Chairman Eccles and Mr. Purcell, and matter to be considered at special meeting http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/27 1113-4 8/ 3 1148 8/ 3 1151 6/29 956 7/24 1100 8/20 1225 11/ 4 1637 2/22 290 10/30 1585 3/15 372 709 5/18 727 6/29 962 : 6 / 5/1 5 2: 78 11/26 1752 3/15 372 5/12 709 243 Pages B °: (Continued) 'of Governors: (Continued) °arc U: (Continued) Margin requirements: (Continued) Increase in, report of Mr. Purcell re views of Securities and Exchange Comnission, 100 per cent increase favored, immediate action not called for No increase needed at present, consensus of Presidents' Conference Technical changes, no objection to by Securities and Exchange Commission V,IT '''ar Financing: Action taken by Presidents' Conference Budget Bureau, information desired by to be obtained from Board's offices Executive Order 9112, estimate of liability of armed services and Maritime Commission under to be determined, conference on suggested by Chairman Eccles Guarantee agreement, revised draft of Revised form of Revised form to be sent to FRBanks Revised form to be published in April or May, memo of Mr. Wingfield New draft of revised form to be sent to Comptroller of Currency for opinion on Reimbursements of expenses under, tables re sent to FRBanks Use of Board's cars for carrying documents related to, to be eliminated W, Co nsumer Credit: Accessories such as radio or heater, extension of additional credit for not permitted, but is permitted for cars with overdrive as extra equipment Additions to outstanding credit held by registrant, letter to trade associations for opinion on treatment of and possible amendment to regulation Add-ons, reply to Peoples National Bank of Washington, n Seattle, Washington as to possible modificatio of regulation Add-on when old loan is in default, to be published in November issue of FRBulletin Advertisements of Askins Clothing Company, Denver, Colorado, for sale of group of articles with no down payment required is violation of Regulation http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/18 727 6/29 962 5/18 728 6/29 956 3/30 471 4/6 3/1 3/16 3/18 523 322 389 405 3/19 414 4/3 496 3/17 399 3/15 376 6/14 883 1/1 3 2/6 195 10/25 1550 1/9 53 244 Pages 411-ati °Ils: (Continued) 4'4 of Governors: (Continued) 1(1: (Continued) Advertisements offering credit, misleading, reply to FRBank of Cleveland Amendment under consideration, letters in opposition sent by Representative John W. Flannagan, Jr. Amendment No. 3, changes in statement with respect to suggested by Mr. Parry for policy records for 1942 Amendment No. 6, no change contemplated in, advice to Dealers Building Products Co., Pittsburgh, Pa. Amendment No. 10, proposed draft form, comments requested from FRBanks and the trade Release probably to be within next two or three months Revised draft sent to FRBanks, request made for comments and suggestions Adopted, concerning "authorization" of small items and "Cycle billing" Amendment No. 11 proposed affecting instalment vendors, draft sent to FRBanks and comments requested Letter to FRBank of San Francisco on proposed amendments Amendments suggested by Office of Price Administration, recommendation of Mr. Ransom that no action be taken Amendments to, reply to letter from Michigan Merchants Credit Association American Auto Appraisal, elimination of 1935 model prices noted Appraisal guides to continue to include quotations for 1935 models Appraisal guides: Kelley Blue Book, designation permitted through February 28, 1943 Designation for use in San Antonio and other Texas cities, letter re suggestion Designation for use in the Southwest, letter re suggestion Letter to FRBank of San Francisco on designation applying to Nov. - Dec., 1942 issue Post card addressed "To the Automotive Trade", undesirable advertising, letter re from Board Kelley Used Car Guide Book, designation for use in Southwest, request denied http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/27 1251 2/ 9 207 3/ 2 338 11/11 1667 5/22 752 7/ 9 1029 8/10 1185 8/28 1253 9/21 1391 10/ 7 1480 3/30 465 2/13 234 6/24 934 7/13 1048 1/20 100 8/ 9 1177 8/25 1243 2/ 8 201 9/ 6 1292 10/12 1494 245 Pages °118: (Continued) hoard of Governors: (Continued) W: (Continued) Appraisal guides: (Continued) 1942 model prices to be quoted by July 1, no need for further action by Board Northwest Publishing Co., Seattle, Wash., 1935 prices to be incorporated in August-September issue Official Automobile Guide, extension of application of July, August, and September issue to October, no objection to No objection to delay in publishing January 1 issue Pacific Coast Edition of NADA Used Car Guide, amendment to original designation of, information re requested Rebuilt cars subject to, letter to FRBank of Kansas City Registrant may disregard for 1942 models until July 1, 1943 Automobiles: Conditional sales contract where person making purchase is in armed forces but contract is signed by another person Price ceiling for used, effect on automobile guides, telegram to Mr. Elmendorf of the Kelley Blue Book Barker Bros., of Los Angeles, letter in connection with freezing of charge accounts Blackstone Valley Gas and Electric Co., Pawtucket, R. I. Amendment deemed not necessary by Board Fuel and appliance business not to be handled separately, letter of March 26 Charge accounts: Business enterprise, freezing of, in connection with Barker Bros., of Los Angeles Proposed amendment to close records on December 25, 1943, by Merchants Credit Bureau of Youngstown, Ohio, not approved Charge sale, amendment suggested to treat extension of credit as, letter to Credit Women's Breakfast Bank in Chelsea, Mass., question of secClubhesa Savings tion 8(a) exempting as a "first lien" a second mortgage loan not made "to the same borrower," applicability of W-128 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/1 997 7/16 1064 9/24 1416 12/27 1982 11/30 1793 3/15 377 5/31 819 1/14 77 7/30 1134 10/ 7 1480 3/26 437 3/30 475 10/ 7 1480 12/14 1894 9/ 8 1301 5/11 698 246 Pages p!tlons: (Continued) --ard of Governors: (Continued) WI (Continued) Contract not subject to, telegram to FRBank of San 6/28 952 Francisco exto amendment Contract accounts, tentative draft for 3/22 422 empt New of FRBank Tentative draft of amendment sent to 3/25 433 York, opinion requested Cycle billing: Advertisement of Remington Rand. Inc., objections 11/22 1721 to references to FRSystem proposing s Forms for applications from registrant 9/24 1415 to use, letter to FRBank of Atlanta rehabiland Defense housing, designation of remodeling 1/30 164 itation projects of tor Administra Order for new procedure signed by 2/4 186 National Housing Agency 2/10 212 New order of National Housing Agency on days 90 Repairing or replacing heating equipment 589 4/14 before start of heating season Localities List of Private War Housing Priority 7/1 998 sent to FRBanks for use in determining 3/22 from 422 Defense Plant Corporation, property of, exempt scheduled D°wn payment requirements, exemption of sales to pay out in short period not favored at pres1/30 163 ent Enforcement: 5/8 688 Activities of FRBanks, comments on reports 6/15 Presidents 887 of As topic for discussion at Conference to Compliance by banks and loan companies, letter York, New n, Universal C. I. T. Credit Corporatio 8/19 1216 N. Y. Administra Cooperation in, letter from Farm Credit 16 1/4 tion on 2/8 201 Cooperation of Federal Home Loan Banks in stateDifficulties if examination of registration 3/17 392 ments by Department of Justice allowed Presidents Discussion of procedure at meeting of 975 6/29 . with Board, statement of Mr. Ransom in loans Field of unregulated lenders who make 1/22 114 small amounts activion Quarterly reports to be made by FRBanks 1/26 146 . ties in connection with aminations by Federal Home Loan Bank Administration, steps taken to effect economies in procedure 7/16 1064 of, no effect on supervision of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 247 Pages ns: (Continued) grcl of Governors: (Continued) W: (Continued) Exemption of single-payment loans, section 8, records for showing basis for, to be handled informally 6/17 901 by each bank for present 3/22 422 Flashlights are listed articles Floods, appropriate time for exemption in Cleveland dis1/ 6 28 trict Floods and other disasters, replacement of property 1/21 104 damaged or lost as result of replacements Floods or similar disasters, repairs or 3/15 377 of property due to, summary of reports on Fuel, solid, sale by dealers for delivery during summer with payment deferred until November, question 2/24 297 of account being in default sepaFuel and appliance business not to be handled 3/30 475 rately, letter of March 26 General Motors Acceptance Corporation, appraisal guides 3/ 8 352 to be continued for 1935, letter to Mr. Strathy Hager Music House, Grand Rapids, Michigan, settlement of 6/ 1 829 case, letter and enclosures re Industrial banks, figures on, new plan and forms sug5/ 4 661 gested for use in determining Inspectors employed to investigate compliance with, not 1/ 1 4 granted preferred gasoline mileage books Ins another by loan installment tallment loan to retire an lender, opinion of Counsel of FRBank of Cleve3/10 358 land agents surance, advances made by companies and general to salesmen, exemptions from, letter to Mr. 651 4/30 Dillard, FRBank of Chicago Invitation to Mr. Ransom to contribute article re to 11/12 1675 postwar planning issue of Retailing, declined La and other changes in suggested by OPA, no action to be taken on by Board unless definite need for or all-out fight against inflation 467 3/30 Should be adopted Lalr, amendment, indicate to problem, not of magnitude " 468 3/30 of Board opinion Loans: Less than 1!1,500, portion used to pay off balance of loan originally in excess of $1,500, only that part providing new money to borrower is subject to Life insurance companies to their agents Purchase of farm land is for general agricultural Purposes http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 56/ A 3/-49 8 3/29 453 248 Pages latt0 Bo I18 Continued) "Ird of Governors: (Continued) W: (Continued) Loans: (Continued) Service people for payment of insurance premiums, applicabilityof452 1415 Terms allowed for loan to retire previous loan Mail orders, procedure for handling, satisfactory to 11/30 1795 FRBank of Chicago Milk delivery, Regulation not applicable to, letter to 11/ 5 1646 Bancroft Dairy, Madison, Wis. NADA Official Used Car Guide, to be published on bi3/15 378 monthly basis, no effect on NHA General Order No. 60-4A relating to repair or replacement of heating equipment during spring and summer months, advice of issuance and copy 8/11 1193 sent to FRBanks NHA General Order No. 60-4B, removal of authority to exempt remodeling and rehabilitation projects, copy of Order and revised form NHA 60-5 sent 11/ 3 1626 to FRBanks Nebraska Official Used Car Survey, not to be invalidated by delay in issuance, advice as to changes 7/ 2 1009 requested 9/22 1397 Necessity for, letter to Mrs. Hugh H. Clark re New England HOMB Equipment Co., Boston, Mass., application of $6 down-payment exemption of Section 6/25 942 4(a)(3) in light of Section 12(1) Northwest Used Car Values, elimination of 1935 model 6/24 934 prices noted be Option 2 as Affected by Statement of Necessity, to 10/25 1550 published in November issue of FRBulletin PaPer growing out of sale of unlisted articles, ques1/23 117 tions as to renewal of 389 3/16 "Policy loan", definition of Proposed amendment No. 11, letter to FRBank of San Francisco re ro P vident Institution for Savings, Boston, Mass., three 7 10 / 2 / 2 7 14 0:: questions re section 8(c), letter re sent to Public Loan Corporation, negotiations with, general instructions to be offered for registrants, ques7/ 2 1009 tion of loans for payment of taxes 2/17 264 Purpose and scope of, reply to Senator Vandenberg cars 536 4/ 7 Rebuilt Cord automobiles, to be treated as used 467 3/30 Reductions in volume of consumer credit Registrant, 90-day single-payment loan to meet first curtail on outstanding similar loan by, pro8/ 5 1158 hibited under section 7(c)(2) 3/4 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 249 Pages (Continued) 'IT1 of Governors: (Continued) 11: (Continued) Registrant under, investigation of, information re to be furnished in confidence to local supervisory 3/24 agency, approved by Board lenders, by money furnished Registrants, information action on request of Department of Justice de2/11 ferred if followed be to procedure Registration required, 3/26 omitted by inspection for permission Registration statement, Internal Revenue Agent, letter to FRBank of 10/11 Dallas filed companies loan small of statements Registration with FRBank, request of Antitrust Division of 1/26 Department of Justice for access to photostat make to examine, to Board of Permission copies of, and to make follow-up investigations, 3/17 requested by Department of Justice with conference have to Ransom and Messrs. Eccles Attorney General of Justice re access to statetm Letter to Department 55//1221 ments 5/28 access given be to Justice of Department Examination by Department of Justice representative of card file re at FRBank of St. Louis, 6/24 approved Renewals: Conditions under which re-lending should be con3/ 8 sidered as 3/18 Correspondence on, sent to FRBank of Dallas Repairs, alterations, and improvements, credits not ex8/ 2 empt from, letter to Mr. Busiek _ hescission of, request of Rockford Finance Company of 12/24 Rockford, Ill., not justified at present time Re-siding and re-roofing material, amendment to Regulation, Board not in favor of, answer to letter from Franklin Square National Bank, Franklin 5/22 Square, Long Island, N. Y. Retail renewal (refund plan) of General Motors Acceptance Corporation does not comply with provisions 2/ 5 of regulation Presidents' Revision of, question to be discussed at next 10/ 7 Conference 10/20 Conference to be held to consider revision Bo..._T18: http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 426 221 437 1489 124 391 747 799 934 352 406 1146 1977 753 191 1480 1534 250 Pages ns: (Continued) vard of Governors: (Continued) W: (Continued) Rural Electrification, interpretation requested by Mr. Lamberton, reply to Section 8(a), loans secured by first liens, telegram to FRBank of Kansas City re Section 8(m), exempting certain fuel conservation credits, plain or granule surfaced rigid insulation not included in exemptions Section 10(b), question whether a loan company may make a loan, part of which is to be used to retire a loan made to same borrower by another loan company, if payments of new loan are smaller because of lower rate of interest Siding and roofing, amendment to NHA Order No. 60-4/ to exclude from "defense housing", suggestion of Board Siding and roofing projects, "defense housing" exemption, elimination for recommended by Board Single-payment loan, maturity of under section 7, three months or 90 days permitted, answer to State Street Trust Company Single-payment loans, answers to inquiries involving application of Section 7(c) Small loan companies, letter to Senator Andrews on applicability of Regulation to Small loan companies, profits under, memo of Mr. Sabo Statement of Borrower, modification not approved by Board _ Not to be eliminated, opinion of Board 6tatement of Necessity, tax burden resulting from Federal income tax law cannot be considered undue hardship Use of in connection with consolidation under Option 2 of section 10(b) Su spension of license and advances to life insurance agents, to be published in July issue Sastern conference to be held on November 17-19, general revision to be considered Tabulation showing ratios of licensees, investigations, and violations, copy to be given to Presidents Thermopane, applicability of section 8(m) to, interpreted as "storm window" Thrifty Automatic Credit Plan of American Savings Bank of Atlanta considered violation of Regulation http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/23 1548 7/ 3 1013 12/ 3 1807 6/25 942 7/1 998 9/ 9 1306 4/30 650 8/20 1222 2/16 3/4 258 342 3/20 419 3/29 453 1/12 66 10/ 1 1450 6/25 945 10/20 1534 6/29 976 10/ 1 1451 2/15 251 251 Pages Reg . : 13„t 1°n3: (Continued) "rd of Governors: (Continued) W: (Continued) Trusteeships, reply to Mr. Hays on interpretations given by FRBank of Cleveland Venetian blinds, should be classified under group C because they are made to fit particular building Venetian blinds and shades, included in Group C of section 13(a), as part of building Violations: Advertisements offering credit, misleading, reply to FRBank of Cleveland Advertising used to encourage evasions American Home Renovating Co., Wilkes-Barre, Pa., extension of credit in excess of 12 months American Trading Co. of Houston, Texas, steps to be taken for compliance with provisions of Regulation Askins Clothing Co., Denver, Colo., advertisement of group of related items with no down payment required Brookline Savings & Trust Company, Pittsburgh, Pa., investigation re to be completed Camden Trust Company, Camden, New Jersey, matter to be held in abeyance pending amendment of National Housing Agency Order No. 60-4 Consumers Home Equipment Co., Detroit, Michigan, Order for Hearing to determine suspension of license, to be issued if necessary Draft of press statement sent to FRBank of Chicago for suggestions Proposed order for suspending license Order suspending license Greenbaum, Max, possible courses of action suggested to FRBank of St. Louis Imperial Upholstery Company, Cleveland, Ohio, letter to FRBank of Cleveland on procedure for issuing order Mail orders, elimination of, policy adopted by Spiegal, Inc., and simpler procedure suggested by Board Mitchell Clothing Company stores, form of agreement issuing order for closing stores temporarily, similar to Clark Brothers case, approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/14 1895 1/12 66 6/23 924 8/27 1251 468 3/30 10/28 1570 2/1 175 1/9 53 10/28 1571 8/ 2 1146 12/14 1862-9 12/18 1938 12/28 1986 12/29 2005 2/18 267 1/22 113 11/16 1704 6/17 902 252 Pages ati 41.1Boa fls: (Continued) Of Governors: (Continued) W: (Continued) Violations: (Continued) Mitchell Clothing Company stores: (Continued) Proposed order suspending license for one week and proposed press release, copies sent to FRBank of St. Louis Order suspending license Morris Plan Bank of Georgia in Atlanta, section 8(e), roofing and siding, letter to FRBank of Atlanta National Box and Lumber Company, Newark, N. J., investigation re to be completed Shaw Rogers Co. of Akron, Ohio, suggestions and comments on by Board Speck Roofing Company, New Kensington, Pa., investigation re to be completed State Finance Company of Des Moines, Iowa, further investigations to be continued extension Sterling Roofing Company, Clearfield, Pa., months of credit in excess of 12 Trust Company of New Jersey, investigation re to be completed e Stabilization Director: 1-2./7 limitation, applicability to fees paid to directors for attending meetings Statement in letter of Commissioner of Internal Revenue Treas that such fees are not salary 17 DePartment: e, Ru ' emption of Series E savings bonds in cash instead of by check, revision discussed by Presidents' Conqqi-ons ference it11, d?alers in securities: ; 13ittlie H., relationship with bank and savings and loan association considered in connection with memba,,A bership application Wauseon, 'Ge°rge C., director of Peoples State Bank, & ComEmerson L. H. Ohio, and salesman for 4.qm pany, Inc., question of 'Dillon & Co., applicability of sec. 32 of Banking Act of 1933, Messrs. Agnew and Fayerweather not to be employees of and directors of Paterson National Bank, Paterson, New Jersey achtlset,s ity Investors Trust, Boston, Mass., applicabil Advisory of Sec. 32 of Banking Act of 1933 to Board of 6/19 6/24 912 931 7/16 1063 10/28 1570 14./i 486 10/28 1571 7/ 3 1013 10/28 1571 10/28 1570 Z http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/5 190 3/2 337 1/26 141 4/17 600 4/9 550 10/23 1547 8/ 6 1165 253 Pages m,°118 with dealers in securities: (Continued) ' 88achusetts Investors Trust: (Continued) Agreement and Declaration of Trust, effect of revision on applicability of section 32 of Banking Act of 11/17 1708 1933 to Advisory Board Sal+ 2/19 272 applicable qt14124rIstall, Richard, provisions of section 32 not World', "Credit t Q441 Rand Inc., cycle billing, advertisement in 11/22 1721 objections to references to FRaystem 4ePots: 004,1::24troduced in Congress: (See infra Reports on bills) --,I;Llon reports: f!evision of call report approved State member banks and affiliates, supply transmitted to FRBanks War loan deposit accounts, method of showing excess colOorip lateral pledged against -Luential reports received by FRBanks from Board, making available to directors of FRBanks discussed with Presidents ) copies, forwarding to Washington to be discontinued by 41:erFRBanks tzent store records of 1939 Census of Retail Trade, made available to Board by Bureau of the Census, cost of, approved -A8itR counties for use by Treasury in connection with next be victory loan campaign NP°8its .43084 bY counties, requested, instructions to FRBanks a, ownership of, preliminary survey of certain banks to be undertaken by FRBanks for reports of further surveys, forms and instructions sent to FRBanks "and dividends report, for six months ending June 1943, copies and instructions for preparation of F. R. 107b sent to FRBanks 4/113.11 ', 6s and expenses, State member banks, semi-annual form aptorn_ e proved '"1 nt activities of FRBanks in connection with Regulation W, comments on 4X41111-11ati Co- -7°n: Nj Irldentiality of, letter to Mr. Brown of FDIC NoZ available to Orphans' Court ' available to clearing house associations Copy of letter re availability to clearing house associations sent to FRBanks Nelott av . s: allable to New York Clearing House Association Conb,A., --"Lritee on Currency Hoarding, question of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/29 644 6/16 897 6/19 913 1/26 139 4/14 588 5/28 799 1/12 67 12/29 2009 3/25 430 7/10 1031 6/16 898 4/29 645 5/8 688 3/16 389 9/24 1413 9/24 1413 10/ 6 1467 11/23 1729 3/17 402 254 Pages Report (Continued) nks: (Continued) Country bank, may be accepted on either old or revised 4/24 622 form and advances industrial °rm F. R. 417, applications for 4/27 630 commitments, to be discontinued 4 illrlots8 Issued Senator another, by received by one FRBank and Glass opposed to repeal of provision of FRAct 4/26 625 requiring annually submitted be to °nal expense reports (Form E), 6/15 892 instead of semi-annually Si m commitConference Presidents' --Plification of, report of 11/ 2 1607 tee re, to be submitted to Board 'nment securities as collateral for FRnotes, Senator Glass opposed to permanent authority for, favors two4/26 625 Negro year extension employment, report for Board, sent to President's Commit12/10 1843 tee on Fair Employment Practice 9/29 1440 lellrl savings plans, FRBanks, instructions re 12/31 2025 Qi __zed instructions to FRBanks 3/25 433 Ilegill'aetrloi?IfwF:RBanks, outside space occupied by c 1/26 146 .1 1;,4-1 forcement activities of FRBanks to be reported quarterly oods or similar disasters, repairs or replacements of 3/15 377 property due to, summary on 8°14th and -.merican countries, report on trip by Messrs. Hammond 11/24 1731 State Triffin 4814zmMeMber banks: (See supra Condition reports) 17 of the Report on Security, Work, and Relief Policies (National Resources Planning Board), copies 4/7 527 available for executive committee of FAC of ownership of deposits: (See supra Deposits) ,4.0A 71r r, War' guaranteed, monthly and quarterly reports, to be made to Armed Services and Maritime Commission on 787 5/26 kr sa„ cases requiring special attention pei ngs Bonds, Series E: -°sits from to be included in call reports in item "War 7/1 999 loan account" Pav 9/29 1440 " r°11 deduction plan, instructions to FRBanks reporting Revised instructions to allow more time for 12/31 2025 and figures for branches to be separate ••-1y reporting member banks, amount of loans for purchasing or carrying Government securities, separate report suggested by Under Secretary of the Treasury Bell, reconsideration of request suggested 7/17 1066 by Board Lokne, securities, for Government ' purchasing or carrying separate reports to be made by, instructions 11/24 1739 sent to FRBanks http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 255 Pages RePorts pa. or_I bills: laxlci boom profits tax, letters to Messrs. Bailey and 11/29 1782 Wickard re indicating approval of -1575 to prohibit Federal agencies from requiring persons 5/22 754 to furnish burdensome information To require the Department of Commerce to act as the Government information collection agent, and for other purposes, letter from Bureau of the Budget in reply to, no further action to be 10/ 2 1454 H. R. , taken on and Act 4083, to amend title IV of the National Housing for other purposes, opposition to, letter to 12/18 1942 H. R. Mr. F. J. Bailey advising of to er 2427 to extend authority of Land Bank Commission make farm mortgage loans on behalf of Farm Mortgage Corporation, no need for as expressed 6/19 913 in Board's letter sent to Senator Wagner made 3022to authorize Secretary of War to use funds available to War Department in connection with termination of War Department contracts, no action needed by Board at present, but Board has no objection to granting if limited to war 6/24 926 contracts NavY Department report re approved by Board, provision authorizing FRBanks to act as fiscal agents 7/10 1039 for purposes of Act suggested as addition vced— 2 /10 215 Rot esame to be followed as formerly placed be or other requests from Congress for, to on docket with recommendation from Hr. Ransom 5/12 706 as to necessity of report '658 t:::r:duced by Senator Taft to repeal authority of FRAct 2/11 220 to issue FRbank notes,in course of preparation Le 2/20 277 • 756, o Senator Wagner on to amend Federal Home Loan Bank Act and Home Owners' Loan Act of 1933, objectionable provisions, opposition of Board, expressed in letter to * 75," 6/7 853 Senator Wagner to amend Owners' Home Federal Home Loan Bank Act and Loan Act of 1933, objectionable provisions, opposition of Board, expressed in letter to S. 6/7 853 820 Senator Wagner presat on action to S. ' Provide for automobile pool, no 10/22 1539 985 to ent, progress to be watched by Mr. Draper fiby offices restrict the establishment of branch nancial institutions, letter to Bureau of the 9/23 1404 Budget stating opposition to enactment of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Pages 11ePorts 8. on bills: (Continued) 985: (Continued) Report of Secretary of the Treasury, Board in agreement with 8. Letter to Senator Wagner, action to be deferred 986, to exempt deposits by United States in insured banks from insurance assessments, recommendation of Treasury Department against enactment concurred in by Board S. 1034, to reduce assessments due by insured members to Federal Savings and Loan Insurance Corporation, objectionable provisions, opposition of Board, 4, 8, io,, expressed in letter to Senator Wagner -1- to extend period during which direct obligations of United States may be used as collateral security for FRnotes ,,, S. 10, ') to aid in stabilization program and war effort by paid newspaper advertising in connection with sale of U. S. bonds, routine request for report on, 8. 11,...., not to be made at this time L)6 to continue Commodity Credit Corporation as agency of United States, routine request for report on, to be made at this time .not 8 lieee, 1341 to Provide for loans for paying debts of World War II no report to be made at present 1'ch arid ' Statistical activities of FRSystem, statement of Mr. statistical Eccles at meeting with Presidents on broadening of P4. "031s, -4atera -n of research activities .st by Chairman Eccles, copies sent to FRBanks e°0rdileiri on of activities, discussion of need for committee 114, zlre Boa or appointment of national director rd Club, liti, motion pictures re war effort, plan for showing to Board employees 9/23 1404 9/23 1405 6/ 7 856 6/ 7 853 5/22 755 5/25 775 5/25 775 9/23 1410 3/ 2 11/ 8 t 12/ 2E 12/15 1911 7/20 1073 Ak" erican National Bank of Jacksonville, Florida, authority to carry reduced, revoked -stla Bank, Anacostia, D. C., Washington, D. C., permission granted to maintain same reserves against deposits as required by banks located outside of klati central reserve and reserve cities 4 State te Bank, Chicago, Illinois, permission granted to , maintain same reserves as reserve city banks holdi_ "gs, deduction from deposits for reserve, proposals Citiz not being considered at present eIM T 0 an and Trust Company of Washington, Ind., penalty for deficiencies waived ArIA http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/31 1138 5/15 721 11/25 1746 1/ 6 38 1/29 159 257 Pages ?.eserve bccs: (Continued) e55, in connection with Treasury financing, solution of problem discussed by Federal Advisory Council Direct purchase of Treasury bills to create, discussed at meeting with Federal Advisory Council Pay., National Bank of Scottsville, Kentucky, deficiencies in reserves, penalty waived PIlgank of Chicago, transfer of money from Undivided Profits to, to be deferred until final action on report by Insurance Committee 11 418t National Bank, Canton, Pa., penalty for deficiency waived : 4eights State Bank, Houston, Texas, permission granted to maintain reduced Inc.rea . methods of to be used jointly a-Le of Treasury bills direct to FRBanks, suggestion of Chairman Eccles, not favored by Federal Advisory Council 111(11-I8tria]. advances and commitments of FRBanks, certain FRBanks authorized to set aside for estimated losses setting up out of expected earnings during 1943 in connection with insurance agreement discussed with Presidents -nee and improvement of buildings of FRBanks, left to discretion of directors "."acturers Bank & Trust Company of St. Louis, Mo., reduction considered, Board not inclined to approve flber bA I -114s, report on deposits for computation, revised form suggested 4erriber banks in Chicago District, penalties for deficiencies titet. waived `earitile Commerce National Bank in St. Louis, Mo., permission to maintain reduced reserves granted tlethods of supplying, discussed by executive committee of FedReel,tiaced eral Advisory Council 'reviews of, carried by member banks and recommendation that authorization be continued but that increase in interbank deposits at Riverview State Bank of Kansas City, Kansas, be observed i?eillilPtions from, telegram to FRBank of San Francisco Iled, 414, proposed revisions in, memo of Mr. Smead etion in to provide more excess, no action at present, ' rtiv discussed by Federal Advisory Council 'w State Bank of Kansas City, Kansas, increase in interbank deposits noted in review of member banks carrying reduced ,• -Llkelihood of existing situation in which all three might have to be used, statement by Mr. Ransom at Federal Advisory Council meeting http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/15 243 5/24 760 11/29 1787 6/5 1/4 850 15 10/ 1 1449 4/ 7 530 4/ 7 531 12/24 1966 1/26 130 6/29 972 9/ 6 1292 5/8 689 8/13 1200 1/1 3 1/6 37 9/ 6 1291 4/27 4/13 631 567 5/24 761 9/ 6 1292 5/24 762 258 Pages Re aerve . 0 a. kContinued) 'ouith Side National Bank in St. Louis, Missouri, reduction ap9/ 6 1292 proved titiv ersity. National Bank, Chicago, Illinois, permission granted to maintain same reserves as reserve city banks 12/ 1 1801 War loan deposit accounts, removal of requirement of maintaining, discussed by executive committee of Fed1/6 31 eral Advisory Council Ransom Mr. by discussed Bill to eliminate maintenance of, 3/16 382 with Mr. Steagall Netport, Avenue Bank, Kansas City, Missouri, permission granted to maintain same reserves against deposits as required by banks outside of central reserve 9/16 1357 and reserve cities 4111 Penn Bank of Commerce, Pittsburgh, Pa., permission to ' 1/ 1 2 maintain reduced reserves approved scoriS1n Bankshares Corporation, reserve required by section 5144, securities pledged with State Treasurer 10/16 1517 not considered as part of 4re3-ons: 13e4A °Ira E., kitchen helper, accepted Dia.rci Mrs. Rebecca, cafeteria helper, accepted 8ch:'es, Mrs. Alice, charwoman, accepted Robert H., operator (duplicating devices), accepted Berii:j• W., acting building manager, accepted Georgiana, clerk-typist in Division of Research and 8erg Statistics, accepted 3 141'86 Helen, stenographer in Division of Examinations, accepted 'Mrs. Louise, clerk-stenographer in Division of Research 81.11, j and Statistics, accepted ,isset4allles, page in Secretary's Office, accepted 444 Alvin, cafeteria helper, accepted ) Deulah B., stenographer in Mr. Szymczak's Office, ac.. cepted toieau ' S. Natalie, clerk-stenographer in Division of Research and Statistics, accepted lon rescinded and employment to continue without break in service Ac cePted 8r -, Mrs. Ruth Callison, page, accepted 8 414hallY • Richard M., cafeteria helper, accepted Helen Lindsley, clerk in Division of Personnel Adminis814411,, tration, accepted -“, Avelyn, secretary in Division of Bank Operations, accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/ 5 345 5/7 676 7/ 3 1010 10/29 1574 12/17 1926 9/ 7 1295 10/27 1563 5/24 756 3/16 388 12/31 2022 9/ 6 1291 3/26 436 3/31 479 4/8 538 9/ 6 1291 10/12 1494 5/18 730 3/6 348 259 Pages ti°ns: (Continued) chanan, Mrs. Betty Lou, junior file clerk in Secretary's Office, accepted 8Yers cafu 3 George, kitchen helper, accepted ca=ux, Mrs. Mary A., cafeteria helper, accepted Frances, junior file clerk, accepted, deduction to be Upbmade for unearned annual leave 0ELIZ eJ-L, Mrs. Mary, cafeteria helper, accepted ell) John C., guard in Secretary's Office, accepted, deduc ' tion to be made for unearned sick leave '"e, Nancy Lee, stenographer in Division of Examinations, accepted conr, Edward L., cafeteria helper, accepted etl, Joan, clerk in Division of Research and Statistics, accepted ec)rineli, cock Frank, kitchen helper, accepted G., guard in Secretary's Office, accepted .eye. anas _ °Y Mildred, clerk-stenographer in Division of Research and Statistics, accepted Cron 1, S. Zelpha, clerk in Division of Bank Operations, accepted, salary adjustment for unearned annual leave to be made Nr erlsdge, Mrs. Mary, cafeteria helper, accepted uill1am S., messenger in Division of Examinations, accepted Dea4W '"' Mrs. Regina M., clerk in Division of Research and Statistics, accepted 21 eLcno, , marie cafeteria helper, accepted betbZlen, David, kitchen helper, accepted 'bz, Lewis N., Special Assistant in Division of Security term. Loans, accepted ek, Daniel, guard, accepted, deduction to be made from salary for unearned annual leave /21.cater Claude A., Jr., clerk to Building Manager, accepted bol:p7,, S. Cecile L., junior file clerk, accepted 101174, Helen V., law clerk in Legal Division, accepted 'Laura, cafeteria helper, separation from service ela/ Mrs. Louise B., stenographer in Secretary's Office, accepted 1)1,111aan n, v.i.ga, cafeteria helper, accepted i;'e!:g, Robert, Economic Specialist, accepted trIgii','Irs• Maude, charwoman, accepted J. Fred, Assistant FRExaminer, accepted -er, Elizabeth C., draftsman in Division of Research and Statistics, accepted P:4111, 111, Judith M., Interviewer in Division of Personnel Adhu : Pi e ministration, accepted 'Mrs. Lillian C., kitchen helper, accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/20 1220 2/8 198 5/6 673 10/28 1569 7/31 1137 5/22 749 9/ 3 1276 9/15 1350 3/25 2/12 3/16 431 228 388 6/14 882 4/20 610 7/ 8 1024 8/21 1226 3/30 3/29 2/20 473 451 276 1/29 159 4/29 642 2/1 173 12/31 2021 52 1/9 6/4 840 1/26 144 5/ 3 658 7/31 1136 8/28 1252 12/16 1919 1/18 91 3/6 2/19 347 271 260 Pages Ilee 'alatio porr ns: (Continued) 10/11 ty Mary, cafeteria helper, accepted po and Research ' -8 441-g, Mary Elizabeth, clerk in Division of 3/30 Statistics, accepted 4/ 6 prmAction rescinded and accepted as of later date Sta—ericky Mrs. Louise, clerk in Division of Research and Unfor made tistics, accepted, refund to be 10/ 7 earned annual leave accepted 2/ 1 Gervjg, Carl J., Jr., page in Secretary's Office, and Research 18, Helen, clerk-stenographer in Division of 1/16 Statistics, accepted , kw Reof Division -41ettil Eleanor C., clerk-stenographer in 1/16 search and Statistics Research of l'y Mrs. Vera R., clerk-stenographer in Division and Statistics, accepted GOChri, 12/ 0 oici'l, Julia B., secretary to Mr. Clayton, accepted and Research erg, Erika, clerk-stenographer in Division of 9/23 Statistics, accepted G°171.A,,,4 Branch, Antonio P., FRAgent's Representative at San 7/13 advice requested on Grime 6/ 4 service 41.11 "LeY, Pearl, cafeteria helper, separation from acOperations, er, Sybil E., secretary in Division of Bank 5/29 cepted 1,.. 2/ 8 riardi,,v, vvian, i file clerk, accepted 9/23 fiarZY James L., Assistant FRExaminer, accepted -14T, Mrs. Marie Anne, stenographer in Division of Examinations, accepted 12/3? lietti,„-.3 James, cafeteria helper, accepted 1.., Mrs, Maria D., junior file clerk, accepted, without 12/11 Reftlit deduction for overdrawn sick leave of Division ger, Mrs. Tressa B., clerk-stenographer in 1/4 4 , 4 Bank Operations, accepted J, Arthur B., Associate Economist in Division of Research Rola and Statistics, accepted 7/ /2 110 Ell, Lillian, cafeteria helper, accepted Illinz. ,.Office, Secretary's "mrs. Dorothy Jeane, stenographer in 12/28 }keel accepted S. Charlotte M., clerk in Division of Bank OperaeY 12/15 Ntehin tions, accepted Office, Counsel's 8°n, Mrs. Clara A., stenographer in 4/14 lilltchi accepted 3/ 4 !°n, Mrs. Annie, kitchen helper, accepted 9 accepted 9/ 4e4y.--J, Helene L., secretary to Mr. Pollard, of Division Mrs. Nancy B., secretary to Mr. Stark in Xell 11/18 Research and Statistics, accepted rl.Y IA, accepted 4/20 Economist, '---s. Gunhild Anderson, Associate http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1487 473 519 1478 173 86 86 203 7 Q 1408 1048 840 808 198 1408 2022 1854 14 1010t 1995 1915 587 341 1305 1712 610 261 Pages "ignats laci l°ns: (Continued) Well, P. Warren, junior operator, duplicating devices, ac2/ 5 cepted kieff 4er, Alden J., apprentice operating engineer, accepted, de11/ 2 duction to be made for overdrawn sick leave Kiel,. 4.40 f accepted clerk, A 401_ , Mary Elizabeth, junior file 9/ 4 44,1, Mrs. Amy, clerk-stenographer in Division of Research 4/27 and Statistics, accepted 4t3et, Martin, Senior Economist in Division of Research and 9/17 Statistics, accepted Lar, "43II, Louise H., clerk, in Division of Research and Statistics, 9/ 3 accepted Leal_ ' WY Mrs. Marie L., clerk-stenographer in Division of Re10/15 search and Statistics, accepted 2/20 Love'Mrs. Nola, kitchen helper, accepted ikcit, Stanley M., laborer, accepted 9/30 eY, Alice, junior file clerk in Secretary's Office, ac4/15 cepted , Mrs. 11/11 accepted charwoman, Sadie M., g, Helen T., economic assistant in Division of Research 11/22 and Statistics, accepted karpy,-1., 6/18 110.47-8, Julius, junior economist, accepted 11/17 44444-enko, Sonia, cafeteria helper, accepted 11/12 kaybeews, Ralph, cafeteria helper, accepted 8/ 7 licerot17, H. F., chauffeur, accepted 11/30 1,(ecil 17, Anne, cafeteria helper, accepted 1/29 14*0 : 1 M. Eleanor, junior file clerk, accepted "nell, Mary M., stenographer in Legal Division, accepted, reimbursements for retirement system to be re3/10 funded Dorothy M., stenographer in Secretary's Office, ac12/16 cepted gillin, Leila, clerk-typist for War Loans Committee, acE/ //1 tfeLeo, cepted 144:4, L. Paige, page in Secretary's Office, accepted ilitc , Juanita, kitchen helper, accepted 7/31 ilock_ e.1 D1, Charlotte, secretary to Mr. Bethea, accepted Clara, charwoman, accepted, without deduction for 12/16 )414ai overdrawn sick leave ns, Mrs. Alice D., clerk in Division of Research and Sta11/ 3 tistics, accepted 11 r„ , u -ve 12/28 -rs. Sarah B., secretary to Mr. Carpenter, accepted 1414) Edward S., Assistant FRExaminer, accepted 2/13 011ve) Donald C., Assistant FRExaminer, accepted 2/13 Oltid I'l Dorothy, cafeteria helper, accepted 5/19 off Staand Research 'Mrs. Mary Ann, clerk in Division of tistics, accepted, deductions for unearned an5/26 nual and sick leave to be made http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 190 1607 1280 629 1361 1275 1511 276 1442 590 1664 1719 905 1707 1670 1172 1791 159 355 1919 Ir 34 1136 1920 1624 1995 232 232 734 786 262 Pages Re8itia palinrns: (Continued) ril Elinor, clerk in Division of Research and Statistics, 9/15 accepted Pap ,„ mary Louise, clerk in Division of Research and Statistics, to be accepted on June 2, although employed by 5/21 FRBank of New York on May 3 Pew,— services 8/12 of termination Peri7Lon, James, cafeteria helper, t)ff) Harvey S., Associate Economist, in Division of Research 7/10 and Statistics, accepted 1/20 accepted • Donal H., elevator operator, 3/10 kie,l,rr) Alma, kitchen helper, accepted 9/29 er) Julius B., Assistant FRExaminer, accepted ' ere) Edward D., messenger, accepted, military benefit to be 6/16 paid Rohrer 9/29 floct ) Mrs. Josephine G., page, accepted 6/26 selle,yrs. Rose D., file clerk in Secretary's Office, accepted 'Iner, Edith L., stenographer in Office of Mr. Ransom, accepted, reimbursement for unearned annual leave 8/ 2 waived 411elik 2/ 1 accepted Branch, 8eott werg W. of Omaha H., director ' 10/11 accepted ' Quaan R., messenger, 8ectt 'IC871 clerk in Secretary's Office, accepted, with deduc12/21 tion for overdrawn sick leave 1/28 43er, William H., Jr., as assistant FRExaminer, accepted 811-.EVII, Mrs. Jessie A., telephone operator, accepted 5/20 12/13 • Mrs. Lulu, as charwoman, accepted 8/27 44,4Luel'Y Howard A., guard, accepted 11/13 Sous°1182 Evelyn, cafeteria helper, accepted 6/14 8pea.ar4 HarrY, cafeteria helper, separated from service -44n, Louise, clerk in Division of Research and Statistics, 10/ 8 accepted 1/11 8tart,.:?„ r. E., Building Manager, accepted - waiter R., Assistant Director of Division of Research 11/ 3 4evri and Statistics, accepted Mrs. Maxine G., economic assistant in Division of Re3/2 8tone search and Statistics, accepted 'Harold F., accounting clerk in Secretary's Office, ac3/20 cepted Research • "Ler) Betty J., clerk-stenographer in Division of 6/25 and Statistics, accepted Office, • ") Mrs. Genevieve, junior file clerk in Secretary's Tapp, ‘, 4/15 accepted Polly Adele, clerk in Division of Research and Sta12/ 4 tistics, accepted -r:Ir and indefinite employees, military benefit for those in Board's employ nine consecutive months or more, payments to be made to those who leave 6/16 after June 12 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1350 745 1197 1037 98 355 1440 896 1440 947 1142 173 1486 1948 153 742 1858 1250 1680 882 1484 57 1623 336 416 938 590 1809 895 263 Pages Re . slgtlati 2ns: (Continued) 2/12 /11748, Courtney, as kitchen helper, accepted accepted 2/6 IN7„11T.!on, Henrietta, kitchen helper, "e4-1, Mrs. Alice E., file clerk in Secretary's Office, ac4/6 cepted eaLine, Mrs. Franc S., clerk-stenographer in Division of Re5/1 search and Statistics, accepted wairlf, Margaret, junior file clerk, accepted 1/9 m4an, Mrs. Henrietta, cafeteria helper, separated from 4/27 service 11411sh 8/27 ward Honora, junior file clerk, accepted warz Thelma E., file clerk, accepted 9/ 9 service from 4/27 separated helper, illatTes Mrs. Pauline, cafeteria separated Office, Secretary's Elwood P., laborer in 4/27 Vebbfrom service ) Elizabeth, junior file clerk in Secretary's Office, ac4/7 Wikalan cepted 8/ 9 17111.4 a) Mrs. Lillie J., charwoman, accepted 5/7 ils, Kit, attorney, accepted 6/14 Wial4esignation accepted, effective June 15, 1943 Mrs. Lois A., secretary in Division of Research and 11/29 ll1azsStatistics, accepted , Mary C., clerk-typist in Division of Bank Operations, 5/21 accepted 12/30 B. Magruder, Assistant General Attorney, accepted 2/12 Carle, kitchen helper, accepted ght, Mrs. Dorothy M., clerk-stenographer in Division of Re7/30 search and Statistics, accepted Mrs. Isabelle S., cafeteria helper, accepted, deduc10/12 tion to be made for unearned annual leave r °1*Ption of exchange and collection charges, resolution against adopted by nine banks in Omaha and Lincoln, 10/27 hze., Nebraska ; sment on FRBanks for expenses of Board of Governors: ?(31 'last O' firstsix months of 1943 16 2/ 41 six months of 1944 Kansas Ilnents Conference, action of directors of FRBank of City on, and summaries of replies to Board's 3/ 4 letter on settlement of terminated war contracts, revised resolution adopted by Federal Advisory Council and transmitted to Board, copies to be sent to Loatis 11/16 proper authorities Corpora$25,000 or less made by Smaller War Plants tion, resolution re adopted by Executive Committee of FAC, statement to be presented to Board with request that copies be sent to WPB and to Corporation 12/ 7 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 229 194 519 653 52 629 1250 1305 629 629 535 1176 676 882 1786 745 2013 229 1131 1494 1564 19 9154 4 341 1698 1820 264 Pages 1 %ti 1 45,2": (Continued) Of $25,000 or less: (Continued) 4)1:57* of resolution transmitted to Mr. Nelson and to mem' bers of Board of Directors of Smaller War Corporation Plants Re N and statement of procedure re foreign relationships of FRBanks amended, copies to be sent to FRBanks !tett rement system, resolution adopted to establish Board of Governors Plan T0 . of war contracts, resolution adopted by Federal Advisory Council re, discussion at meeting of Council with Board as to wham it should be sent, Board in agreement with resolution e'Y for 1943, continuation of and inclusion of liquid asset items approved - 4er of statistical work from Bureau of Foreign and Domes' tic Commerce to Board, letter to FRBanks on collection of statistics for ,trade: De Partment store records of Bureau of the Census, prepared for Board, cost added to budget of Division of Research and Statistics 4ttreteincrease in budget item to cover cost Acid,tit sYetem: 4.tio ,1 no-i- payments necessary, approved by all FRBanks, advice of klte„4 n4. -,,Lve plan proposed, to be required for new employees, discontinuance of Civil Service membership, opinion re of Civil Service Commission requested Allienclialents to rules and regulations, discussion of agenda for meeting of board of trustees, Mr. Sz,ymczak authorized to state approval by Board provided that Board of Governors Plan be adopted accumulation account, advice that FRBanks agreed to make payment and manner of showing in statement President of FRBank of Cleveland, separaVice W., 'C. AlYtlicl tion allowance in case of retirement this year, not approved by Board of Governors Plan, proposed amendments to, submission to Board of Trustees, to be approved by Board with adoption of formal To be Presented to Board of Trustees for approval http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/ 7 1826 12/14 1876 11/ 2 1595 11/15 1689 12/ 9 1839 1/21 105 5/28 799 8/13 1200 10/30 1577 7/10 1038 10/14 1501-7 2/26 312 5/6 671 10/ 7 1482 10/14 1501 265 Pages Retirerni, Boaft system: (Continued) vd of Governors Plan: (Continued) Amendments to rules and regulations, approved, board of trustees to adopt additional, to enable Board 10/15 to adopt Plan, telegram to Mr. Szymezak !demo by Ur. Szymezak on Presidents' attitude toward, dis10/18 cussion of Amendments to rules and regulations to provide for, ac10/19 cepted and approved by trustees Amendments to rules and regulations, further discussion of 10/30 and points for consideration Letter to Mrs. Frank, secretary, advice of Board's approval of additional amendments to provide for Board 10/30 of Governors Plan . Revision of resolution establishing, discussion of changes 11/ 2 in and adoption of resolution MeetLang to be held on December 17 if elected by less than 11/ 2 2/3 majority Notices to employees re adoption and election of 11/ 2 To 12/14 4 ,go into effect January 1, 1944, as result of election vice to Mrs. Frank of adoption of resolution establishing 12/17 and of election by Staff kard 10/19 Nal, of Trustees, election of officers to provide increased benefits, report of discussion at 3/2 0 Conference of Presidents 'ttees: In vestment, membership to be limited to those eligible for Board of Trustees, approval of FRBank Presi8/11 dents to be obtained Pre sidents' Conference consisting of Messrs. Fleming, Sproul, 6/29 and Williams to discuss plan with Board Retirement, membership to be limited to those eligible for Board of Trustees, approval of FRBank Presi8/11 0°114. dents to be obtained -6r1butions: 8eers, Mrs. Anna G., payments to be made during leave of ab5/31 sence without pay 411Y, Nancy B., to be continued during period of leave of 9/ 4 absence without pay Re ' ez, Mrs. Vinofred, payments to be made during leave of ab9/ 8 sence without pay while n Shaffer, Charlotte M., contributions to be continued 5/29 on leave without pay ''c)rttr'1, luutions refunded: Men 3/10 \; Mary MSi 3/10 S ri e Lida B. ,zl, 3/10 'ilompson, Robert K. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1512 1520 1525 1577 1580 1595 1596 1602 1889 1928 1525 332 1190 956 1190 817 1280 1299 808 355 355 355 266 Pages Retire_ c,,Tent system: (Continued) ti,;Zic3117=n and standardization of, Senate Committee report on 9/22 1397 Schilling, Nicholas J., payment of additional contribution approved and monthly payment to be made for 1/ 2 balance of year in addition 1)4,, m"-ssal wages and separation allowances in cases of involuntary separation, letter to FRBanks on treat12/11 ment of pinxt of proposal for benefits equivalent to those of Civil 5/8 Service Retirement System results of, Board of Governors plan to go into ef12/14 fect January 1, 1944 44Ployees of once, at Board, plan must be put into operation 6/8 position taken by Board 4ectitive committee, election of members 10/19 tel; i eions of service: ueLaMater, John, retention in active service for not over 11/ 5 six months DYson, Seaton, messenger, to be continued in employment for 11/12 not over one year Banks. keetio,, 7 1854 683 1889 860 1525 1641 1669 All in excess of $7,500 on basis of pension portion on life basis and annuity portion on cash refund basis, not approved by Board Ben • efits for employees, general discussion by Board "ePort No. 6 drafted, modification of No. 5, principal points of difference ePorts Nos. 5 and 6, no opinion of Board expressed, but keetin prefers same plan as for Board employees g Board of Trustees to be held in New York, agenda for eflbe 0f Eisenb. erg, Robert, junior economist, participation deferred four months because of possible induction into army Hinshaw, Randall W., junior economist, entrance on restricted basis by waiving death and disability benefits for 10 years Zu1. r-Llnden, F. J., First Vice President of FRBank of Cleve()1 land, retired member garliz„, "ulon, changes recommended by Conference of Presidents, no objection by Board to changes vrit necessary to bring annuity accumulation to three percent basis, telegram to certain FRBanks on decision to make payments ehis' Conference Plan and Board's Plan, discussion of, approval by Presidents' Conference http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/8 6/8 860 859 6/8 858 860 6/8 lo/14 1501 3/5 345 lo/ 7 1476 5/19 735 2/6 196 2/19 272 10/19 1528 267 Pages iletirem p, ent s7stem: (Continued) 40Posed amendment to, acknowledgment of letter re from Civil Service Commission Proh ' 48ed changes in, to be approved by Board if adopted by Board of Trustees of Retirement System, letter to Mr. Fleming re Board's position Pr °130se- plan, options under prcm '"ed plan, to be discussed with Employees' Committee, Mr. Rounds, and actuary and counsel of Reern-, 'P-LoYment of former employees for temporary period, letter to FRBank of St. Louis that employment should N'ortbe based on ability to perform work Retlo , submitted by Presidents' Conference, discussion of ' submitted to Board by Presidents' Conference, not to be approved without limiting pension portion of allowance to not to exceed one-fourth of final average salary on a cash-refund basis lieti 10/12 1495 7/30 1131-4 5/8 684 5/8 685 103 1/21 7/23 1092-4 7/23 1094 Arri°1d, C. W., Vice President at FRBank of Cleveland, pay6/25 940 ment of separation allowance approved Ply. • -ming, M. J., President at FRBank of Cleveland, plan to 2/11 217 retire around middle of next year reported Ri ce, Mrs. Margaret A., clerk in Correspondence and Publications Section, application for special service 11/30 1791 approved retirement To-1,1 addiprovide --Le, Mary E., supplemental contribution to 89 1/16 tional allowance upon retirement agton, Lafayette, junior mail clerk, 12/17 1926 application, effective February 1, 1944 kro • , lnden, F. J., First Vice President at FRBank of Cleveland, proposed retirement because of poor 2/11 217 health 6/25 940 }le\risionP :aYment of separation allowance approved Board to approve plans of Presidents' Conference with inclusion of specific limitation on pension portion, 8/11 Chaadvice to Mr. Fleming nges accepted and approved at meeting of board of 10/19 trustees Di sabllity benefit, not to be less than under present rules for service rendered prior to adoption of 8/11 change -. "1 5, discussion of, Board's conclusions re communicated 6/15 to Mr. Hays by Mr. Smead Lett er to Civil Service Commission, reasons for Board em9/22 ployees continuing under ., ---"ation of pension portion of allowance, reasons as 8/11 basis for FRBanks' position against http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1192 1525 1191-2 888 1395 1187 268 Pages ete t System: (Continued) '3vi510n: (Continued) Limitation: (Continued) Considerations as basis for Board's position in favor of Statement by Mr. Hays on amounts and point at issue Membership of retirement and investment committees, limited to those eligible for Board of Trustees, approval of FRBank Presidents to be obtained Ilessrs. Fleming, Sproul, and Hays present at Board meeting for discussion of Board's letter re Report No. 6 adopted by Presidents' Conference at Chicago, change in basis for determining benefits included, to be submitted to Board Statement prepared for meeting of employees committee with Board's personnel committee . 1114.e_Su, sgstions made at meeting with Presidents ,?_arld regulations: 4atendments to, Board's approval to be given to after adoption by Board of Trustees of Amendments embodying changes to, approved, telegram to Mr. Separ • Szymczak atIon payments, authorization for, to be discussed at next 4110.meeting of Presidents' Conference 8luire plan for employees of Board and FRBanks, discussion of e, Sanders & Dempsey, fee for special services in connection with 8/11 1189 8/11 1190 8/11 1190-1 8/11 1187 6/29 954 9/10 1320 132 1/26 10/ 7 1482 10/15 1512 672 5/6 10/30 1578 12/22 1956 'irank, Mrs. Valerie R., election as secretary of board of 10/19 1525 trustees 1113131e mental payments by FRBanks, authority for making re10/30 1581 scinded, advice of approval of amendments to of death and disability benefits: uernburg, Hans J., junior economist, to be brought in on restricted basis if unable to pass physical 4/6 517 examination Dor, Evsey David, associate economist, provision for entering Retirement System if failing to pass 51 physical examination 1/9 us IL, Economic Adviser to Bankers Trust Co., analysis of 11() Keynes and White international stabilization ) 6/1 824 plans °rable Nellie Tayloe, Director of the Mint, critical situation re minor coins, request for excess pennies 11/12 1676 to be sent in, letter re illItho el°Pment Corporation: y of FRBank of New York to execute and deliver checks for account of, in accordance with instructions 7/31 1139 of RFC, question of http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 269 Pages AbSOrption of exchange and collection charges by member banks, violation of Regulation Q, letter explaining Board's ruling kelYsis of individual accounts "Monthly Account Analysis" used by Scranton National Bank, Scranton, Pa., not a payment of interest OommA -- ssioner of Internal Revenue: Fees for directors at committee meetings are not salary, statement in letter of Deputy Commissioner Natio ,nal Housing Agency: "efense housing, exemption of credits, heating equipment, repairing or replacing of if work takes place more than 90 days prior to beginning of heating season ',LkrY Department: reasury bills purchased or sold by foreign corporation, method of determining taxable income on 8/ 6 1167 12/ 9 1836 3/2 337 4/14 589 5/31 820 3/30 4/ 2 464 491 4/ 7 528 6/29 964 "Sit vove lInnient securities by FRBanks for States, municipalities and others, no objection to FRBanks rendering service Tobe discussed at next conference of Presidents cussed at meeting with executive committee of Federal Advisory Council individual FRBanks to continue to meet problems as they arise ' .17 bills for others than banks, matter referred to Presidents' Conference, letter to FRBank of Chicago tors, 8/20 1224 further consideration to be given to responsibilities, salary patterns, and salary stabilization con5/25 780 trols, by Board DisMployees: selassion in connection with employment of Miss Bernstein, economic assistant, suggestion of Mr. McKee 7/ 2 1002 that all salaries be reviewed r. or additional compensation, payment approved under 5/ 6 669 provisions of War Overtime Pay Act of 1943 "Paiof proportion withhold As-You-Go" income tax, Board to 6/24 928 salaries, effective July 1 Sta tement for presentation at meeting of employees' commit9/10 1323 tee with Board's Personnel Committee http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 270 Pages Sa ari_ 132's: (Continued) '11rmh banks, Los Angeles, Portland, and Seattle, Managing Directors, increases, additional data requested by Board raPloyees of FRBanks and Board, procedure for increases worked out by National War Labor Board and Bureau of Revenue Internal 113 ank of Atlanta: IhIployees as of January 1, noted without objection °facers, approved for 1943, officers in military service returning during year to be paid at period beginning with return to bank of Boston: Ployees, noted without objection Naufficers, approved for 1943 Of Chicago: ;t'llPloyees, noted without objection kaufficers, approved for 1943 e r of Cleveland: ' 44Ployees, noted without objection Discontinuance of payment of supplemental compensation to, regulation re O fficers: Approved through June 30, 1943 Approved for 1943 ' 111K of Dallas: Ployees, noted without objection 'lacers, noted without objection for 14 months period Approved for 1943 N?rsonnel of FRAgent's Department, approved of Kansas City: PloYees, noted without objection Pilficers, approved for 1943 Minneapolis: 0410,Yees, noted without objection Nant : L ioers, approved for 1943 of New York: 4111P-1-°Yees, noted without objection N6:J-Lficers, approved for 1943 -t of Philadelphia: cgloYees, noted without objection ' o -u-cers, approved for 1943 Irertime payment, change in method of, certification procedure to be used in presentation of matter to War Labor Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/19 606 1/26 134 4/3 494 6/17 899 3/27 5/29 440 809 4/30 4/8 648 540 5/5 665 9/ 4 1281 3/18 6/25 405 938 3/20 4/6 417 4/5 6/ 5 500 843 3/2 6/5 338 842 4/ 9 3/27 545 441 3/2 5/14 337 716 521 6/12 877 8/13 1199 9/21 1388 271 Pages N°. (Continued) 4t* of Philadelphia: (Continued) Overtime payments, change in method of, no objection to, provided approved by regional office of National War Labor Board, payment of supper money to guards and building employees ap10/16 1516 proved -4 of Richmond: thiployees: 2/8 199 Clerical of Victory Fund Committees, increase in 3/2 337 Noted without objection 5/25 778 ?1,11LOfficers, approved for 1943 'drik of St. Louis: 0111Ployees as of January 1, noted without objection 3/2 338 591 4/15 fficers, list and data to be sent to Board t1kof San Francisco: 418 3/20 4:4Ployees, noted without objection Increases in, question of Board's policy to be considered 10/22 1541 at meeting of Board on October 26 creases, discussion of functions of managing directors at 10/26 1557 branches 0f • flcers, adjustments, no action to be taken at present in 606 4/19 view of Executive Order issued April 8 Of• ricers', increases for only those within salary pattern 5/26 786 Nariks: of FRBank, letter re 12/31 Annual reports to Board, preparation of data for ees of directors of FRBanks for attending meetings as constituting under regulations of Bureau of In2/5 ternal Revenue In creases of employees, procedure worked out with National War Labor Board and Bureau of Internal Revenue, 1/26 discussed with Presidents Officers, increases, certification procedure for now un9/18 blocked Offi cers, statements in connection with retirement allow7/23 ance, made by Messrs. McKee and Ransom Rev . islon of personnel classification plans, procedure for submitting to Joint Committee on Salaries and 1/13 Wages 1-v-Lemental compensation, National War Labor Board will not approve increase over amount previously approved 12/18 Irict°/7 Fund Committees, increases for clerical employees, 2/8 telegram to FRBank of Richmond on directive Letter to Commissioner of Internal Revenue on 2/27 Wap.personnel re adjustments, procedure to be followed, memoranda 9/15 sent to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2024 190 134 1365 1093 68 1934 199 316 1351 272 Pages 441,4 (Continued) 4°esters y Albert L., FRBank of New York, approved and reimbursable by War Department Aaron M. Attorney, San Francisco, Calif., advice that Board has no jurisdiction over September ComPanY 1gs: 4/9 545 3/2 338 in United States, preliminary figures of investment hold1/21 ings of member banks to be sent to Mr. Treanor 4i1101! bonds: (See War savings bonds) 4, Theodore, letter on participation in discussion at Confer119 2 Chairmen of ence g est :ed for employment to direct regional research program ve reta "sr % 1,0„. of Commerce: bY RFC to Bank of America, etc., letter to Mr. Jones re9/ 1 Trarl questing access to files 'america Corporation case, letter requesting use of files of RFC relating to Pacific Coast Mortgage Com8/ 3 pany, for use in work on Se ret si3417 of State: 41 Uomndti,e0 on Long-Term International Investment, Chairman Eccles invited to become member of, letter 7/ 8 suggesting service of Mr. Hansen in his place (8ee so State Department) 4.414.8.Y of the Treasury: nd and time deposits of individuals, partnerships, and corporations, statement showing by States and 2/4 counties sent to reduction of maximum rate on time and savings de7/27 posits, favored by nOtes 3 Pattern of, statement re adjustment brought about by war 9/20 bond drive tab. 'lzation Fund Plan, meeting at Treasury, Board representa6/15 tives, letter re sent to Nta o Treasury Department) Ikaael'Y 3 note: 88111ent by FDIC on deposits in War loan accounts, hearings on elimination of, report of Mr. Ransom of dis3/16 cussion with Mr. Steagall ers Home Equipment Co., proposed order for suspending 12/28 tXf.. license, wire to Mr. Hodge -.e committee of Federal Advisory Council, meeting 6/30 scheduled for July 7, postponed Naalk " /14 1 Richmond, annual meeting of directors to be held in Washington May 13, letter re program to be sent to Board, telephone conversation of Mr. Morrill 4/ 6 with Mr. Leach http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 106 1532 1004 1271 1152 1026 186 1114 1384 887 383 1988 988 506 273 Pages 4 eta,5 note: (Continued) -“c ereoL rates, maximum on time and savings deposits, lowering from 2-1/2% to 1-1/2% favored by Chairman Eccles, case for to be prepared including relationship to postal savings and undertaken jointly with FDIC 4int Contract Termination Board, status of, in connection with resolution re termination of war contracts etj ement system, proposed plan, favored by Messrs. Eccles and Ransom ' S 985, letter to Bureau of the Budget to be sent, but action on letter to Senator Wagner to be deferred if desired, statement of Chairman Eccles 0 Te. oecuritait Jorge, no legal objection to proposed arrangement with 4/13 575 11/16 1700 5/8 685 9/23 1407 461 3/30 Credtt. 4/29 637 f°r, Possibility of handling by Board '"ed rule, admitting to trading on national securities exchanges certain securities without filing of registration statements, question of loan 4t 9/30 1443 value of, Board's attitude toward Ilritip 14 -8 of 193 Act 4%pit, arket trading, 3/15 375 limitations on, discussion by Board tall es and Exchange Commission: dePosits, examination in connection with inflation study, 9/20 1383 requested by h01,14 11/29 1760 ---ng company legislation discussed with bepo-;41q7 of legislation 11/29 1776 elt accounts, study of, question of information from Mary9/23 1400 land Trust Company, Baltimore, Md. 'co,ent holdings of member banks, preliminary figures to be furnished to Director of Trading and Exchange 106 1/21 Division tiarein requirements under Regulations T and U, increase in, Chairman Eccles to inform Mr. Purcell confi710 5/12 dentially of matter, view re requested of Re Port of Mr. Purcell on increase, 100 per cent increase 5/18 727 favored, immediate action not called for 'I'ket trends speculative activity in, discussions on to be Pro , 471 3/30 held, suggestion of Mr. Purcell, Chairman v°8ed rule, admitting to trading on national securities exchanges certain securities without filing of registration statements, question of loan value 9/30 1443 of, Board's attitude toward 111*IleY of bank deposits, conversation of Mr. Ransom with Mr. 10/ 1 1446 Vinson re Pi rst National Bank of Eugene, Oregon, survey not approved 10/22 1542 by Bureau of the Budget Perrai ssion for refused by Budget Bureau 10/ 6 1469 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 274 Pages Sectiri 74:1'!;'s and Exchange Commission: (Continued) ng and Exchange Division, holding company affiliates, reports and forms used for, information re sent to illties Companies: assachusetts Investors Trust, Boston, Mass., applicability of Sec. 32 of Banking Act of 1933 to Advisory SN1 . Board of .-tiee Exchange Act of 1934: if) e 45.14, uec -et trading, limitations on, discussion by Board S exchange administration: O Stock Exchange, application of Shawmut Association to withdraw listing on trow. & Marshall: riegulation T, reports on Form F. R. 240 under, request for 4bitexemption from filing balance of customer, amount that may be withdrawn, inForm, terpretation of Regulation T R. 240, changes in collection procedure, only member firms of New York Stock Exchange required to make reports Loa l bY nonmember bank, not for financing transactions in securities, not limited by section 8(a) of Securities Exchange Act of 1934 requirements, changes under Regulations T and U discussed Increase in, Chairman Eccles to talk with Mr. Purcell re 'flerease in, report of Mr. Purcell re views of Securities and Exchange Commission, 100 per cent increase favored, immediate action not called for ?I'oPosed rule, admitting to trading on national securities exchanges certain securities without filing of registration statements, question of loan value of, Board's attitude toward e"a8e for cash of unregistered security or registered security of no collateral value, special cash account not necessary ev°rts on Form F. R. 240 under Regulation T, firms subject to, suggestions of Mr. Tracy of Boston Stock Exchange re, no change possible at present 8.ction of business with member of national securities exchange and at same time executing transactions not in scope of Regulation T, reply in connection with transactions of Norris & Hirshberg, Wh Inc. 4rtori n Smith & Company, report on Form F. R. 240, unnecessary under circumstances outlined in letter http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 4 1284 8/ 6 1165 3/15 375 9/ 4 1284 7/16 1063 2/22 290 10/ 7 1481 10/30 1585 3/15 5/12 372 709 5/18 727 9/30 1443 11/ 4 1637 7/16 1063 5/7 681 7/ 6 1020 275 Pages Seciari Boties Exchanges: or Stock Exchange: Shawmut Association, Boston, Mass., application to withdraw Sectir. listing on 1,:tY prices: /title change in last 30 days, statement of Mr. Eccles to Mr. Purcell re increase in margin requirements Tr.-"d during war, not to justify placing market on cash basis now, statement of Mr. McKee Seleetiva Service Act: ' 1)4Acability to bank employees discussed by executive committee of Federal Advisory Council with Board Billie Service System: etins listing FRBanks as essential activity, letter to 4 FRBanks on change in classification '134ratio 9/ 4 1284 5/18 729 5/18 729 1/6 31 11/22 1720 n allowance: untary separations, program adopted for, and letter to Mr. Day requesting suggestions from Presidents' 4, eLetb Conference re policy on s er Company, advice to Aaron M. Sargent, that Board has no jurisdiction over Veech WR0 arges at banks, increase suggested by Mr. Eccles el ' s Co., Akron, Ohio, suggestions to FRBank of Cleveland as to action because of violation of Regulation Na b VI 12/11 1854 3/2 2/15 338 244 4/1 486 ?'keult „ ural credit problems, effect on -"rth Ii411 13 war loan drive, formula re investments in, statement by Mr. McKee at meeting of executive committee of FAC with Board 9/20 1374 12/ 7 1817 "slation for, intermediate and long-term credit, suggested, draft of letter re to be revised for submission to Board for approval tegielation to provide credit for, question of policy and establishment of finance corporation and loan insurance fund, not favored by Board 1)ort of Mr. McKee on meeting with subcommittee of Senate Committee, with Messrs. Smead and Vest also present Sql„ ' fless Financing Corporation, proposed Mead Bill to create, discussed at meeting with Presidents masiness, request of Antitrust Division of Department of Justice to inspect registration statements made by money lenders "44 1" ,legt„1. companies: -'ration statements under Regulation VI, Department of Justice to have access to http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/12 707 5/19 739 3/17 397 6/29 957 2/11 221 5/28 799 276 Pages kali companies: (Continued) Reg Re tion W, profits under, memo of Mr. Sabo Tlest of Antitrust Division of Department of Justice for access to registration statements filed with a1 FRBank Z:17ar Plants Corporation: 'Nzteed loans, authorization to make, discussion of, statement to be prepared by Federal Advisory Council and submitted to Board for transmission to proper authorities 4solution re loans of $25,000 or less made by, adopted by Executive Committee of FAC, statement to be presented to Board with request that copies be sent to WPB and to Corporation Copies of resolution sent to members of board of directors of Letter in response to Board's letter transmitting copies of resolution, acknowledgment sent to Messrs. Carter and Smith ProSecurity: gl'aM for announced by President, committee of representatives of insurance companies to study Ameri Pro,„ can countries: am of bank training for Latin Americans, Board participation to be continued, with appointments on temporary six months' basis kb4PoriAho -10Y Messrs. Hammond and Triffin on trip 1 °11na: Lepri4' —slation to exempt guaranteed war production loans from limitations of State laws, now not necessary 4, Reg4 tlyene H.: It(Nation V, revised draft of guarantee agreement sent to k,Nati,rlien's Reserve of Coast Guard): -401aiz; 141.al Service Life Insurance, eligible for Oompr`l°11, international: °Illise plan, domestic credit situation and voting power of members, position of Board tie rtlo prepared by Division of Research and Statistics, to Messrs. Berle and Mite h LOY*A Keynes be discussed with and Mr. White to confer re rs, limitation on amount to be supplied by United States, discussion by Mr. Gardner t° harmonize differences in Keynes and White plans, to be discussed at meeting, June 8, with representatives of Allied countries kzold eglslation, statement to be published in FRBulletin 'to be used for reserve fund and handled by members of plan only through fund, suggestion of Mr. Gardner http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/4 342 1/26 124 11/15 1687 12/ 7 1820 12/ 7 1826 12/23 1963 4/7 526 12/28 1991-4 11/24 1731 11/19 1715 3/1 322 4/6 520 6/1 825 6/1 825 8/12 1196 6/1 825 5/29 5/26 805 790 6/i 824 277 Pages 12.zation, international: (Continued) tternational fund, commitment by United States to furnish dollars, to include both credit and gold 4711es and White plans, limitation on amount of dollars to be supplied by United States, discussion of Analysis of, me= from Air. Riddle, Economic Adviser to Bankers Trust Company, New York, N. Y. Itee 9omments of officers and directors of FRBanks requested talig at Treasury, Messrs. Goldenweiser and Gardner to attend, differences of opinion not to be expressed unless unavoidable keetin* -,g at Treasury, Messrs. Goldenweiser and Gardner to participate in discussion of further plans and amendments to White plan proposed by Lord Keynes —g of technical experts to be held at Treasury, discussion IteetirThof Board representation --g with Dr. White at FRBanks of Boston and Richmond to discuss plans for, cancelled gs at FRBanks, no objections to under certain conditions lngs, during absence of Chairman Eccles, Board to be represented by Messrs. Ransom and Szymczak s3sed Fund Plan, disagreements between staff of Treasury and ' Board Plropo sed plans, Board's attitude re, expression of desired by Mr. White, prior to meetings of heads of Government departments and agencies Di scussion of questions and post-war condition in connection with °ard not to make any commitments re prior to meetings of Government departments and agencies to consider Pc'stquestions involved war monetary plans, discussion by Federal Advisory Council Plans at meeting with Board 'discussion still at technical level, statement at meeting of executive committee of Federal Advisory Council with Board 'Mr. Goldenweiser and members of Board's staff meeting with Lord Keynes and members of Treasury to discuss, statement at meeting of executive com1144.18 mittee of Federal Advisory Council with Board • oPPosition by Federal Advisory Council to White and Keynes, statement at meeting of executive com11rliteta mittee of Federal Advisory Council with Board Nations Bank, discussion of proposed outline in connection with http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/29 807 6/ 1 823 EV 1 6/25 824 943 6/15 886 9/28 1436 6/15 825 10/ 6 1475 8/12 1197 6/ 1 826 6/15 884 8/12 1195 8/12 1196 8/12 1197 9/20 1382 10/ 6 1473 10/ 6 1474 10/ 6 1474 9/27 1431 278 Pages Stabiai wo tation, international: (Continued) rld bank, proposed plan, operation and member bank reserves, Starr discussion of Board of Governors: n8, employment of, policy of Board re, in connection with work on State Department project 411Nal leave: Revised policy adopted : 131 11ar-time regulations re current and accumulated 1/4c)d donations of, no charge against annual or sick leave Members Section: 4arlow, Ernest, messenger, transferred to Division of Research and Statistics Pauezek, Mrs. Margaret C., stenographer, transferred from Secretary's Office, no change in salary Cap -eteria: 5/29 806 f Ares, Cyril Edward, kitchen helper, appointment on temporary basis and salary approved 8 Resignation accepted aird, Mrs. Rebecca, kitchen helper, appointment on temporary basis and salary approved Extension of appointment and salary approved t . Resignation accepted e.rd, Richard, kitchen helper, appointment on temporary basis and salary approved ta Separated from service tes, Annie Helen, kitchen helper, appointment on temporary basis and salary approved Temporary appointment extended, no change in salary , Appointment made permanent with increase in salary zates, Thomas, kitchen helper, appointment on temporary basis and salary approved Appointment made permanent and salary approved t. Salary increased "lseett, Alvin, cook, appointment on temporary basis and salary approved Appointment extended and salary approved Extension of temporary appointment approved Appointment extended on temporary basis for indefinite period, with no change in salary 81 Resignation accepted acky Mrs. Irene C., cafeteria helper, appointment on temporary basis and salary approved APPointment made permanent and increase in salary approved amhall, Richard M., cafeteria helper, appointment on temporary basis and salary approved Resignation accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/24 1733 4/23 617 7/22 1081 3/16 390 6/19 911 3/30 473 3/4 3/5 341 345 2/1 3/29 5/7 169 451 2/1 3/16 169 388 3/5 4/17 6/25 345 599 937 676 2/1 169 3/29 450 10/12 1493 2/1 3/29 5/28 169 451 797 7/27 1115 12/31 2022 4/6 518 5/15 720 9/28 1437 10/12 1494 279 Pages Start _ or Board of Governors: (Continued) (Continued) "afe,a: terl• nroadhurst, Mrs. Blanche, cafeteria helper, appointment on temporary basis on hourly basis and salary ap11/17 proved Brown, Mrs. Elma, kitchen helper, appointment on temporary 2/ 1 basis and salary approved Byers, George, kitchen helper, permanent appointment and 2/ 1 salary approved 2/ 8 Resignation accepted appointment on cafeteria helper, Cadieux, Mrs. Mary A., 5/ 3 temporary basis and salary approved 5/ 6 Resignation accepted temon appointment helper, Campbell, Mary E., cafeteria porary basis and salary approved „ Resignation accepted Edward L., cafeteria helper, appointment on temporary 7/13 basis and salary approved increased salary Extension of appointment and 9/15 „ Resignation accepted uonnell, Frank, kitchen helper, appointment on temporary 2/ 1 basis and salary approved 2/12 Resignation accepted temon appointed helper, Craig,r kitchen Mrs. Chlora E., 2/22 porary basis and salary approved 3/29 approved salary and permanent made Appointment Craig, Ulys H., cafeteria helper, appointment on temporary 5/21 basis and salary approved approved appointment temporary of Extension 0 „ Extension of appointment and increase in salary 'rawford, Mrs. Mary, head cook, permanent appointment and 2/ 1 salary approved Cumberledge, Mrs. Mary Jane, kitchen helper, appointment on 3/ 5 temporary basis and salary approved 3/29 Salary increase approved Temporary appointment extended not to exceed 60 days, 5/ 3 no change in salary 6/25 Appointment made permanent 7/ 8 Resignation accepted eL°ng, Marie, kitchen helper, appointment on temporary 2/ 8 basis and salary approved 3/29 Resignation accepted eLlIcien, David, kitchen helper, appointed on temporary 2/16 basis and salary approved 2/20 Resignation accepted °r11, Mrs. Laura, cafeteria helper, appointment on temporary 5/26 basis and salary approved 6/ 4 Separation from service http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1707 169 169 198 657 673 1047 11T 4 1350 169 228 287 450 745 17 55 6 169 345 451 658 937 1024 197 451 256 276 785 840 280 Pages Starr 0_ mi Board of Governors: (Continued) "aeteria: (Continued) Dunlap, Mrs. Olga, kitchen helper, appointment on temporary basis and salary approved Extension of appointment and salary approved Resignation accepted EmPloyees placed on 48-hour week and to be paid overtime on same basis as other employees and fifteen dollars per month to be deducted for meals England, Mrs. Elizabeth Anne, cafeteria helper, appointment on temporary basis and salary approved Termination of services E8teS, Mary K., cafeteria helper, appointment on temporary basis and salary approved Farrow, Mrs. Sallie K., kitchen helper, appointed on temporary basis and salary approved Temporary appointment extended, no change in salary Temporary appointment extended Temporary appointment extended and services then to be terminated Fisher, M. Lillian, kitchen helper, appointed on temporary basis and salary approved Th. Resignation accepted rItzGerald, Harriet A., cafeteria helper, appointment on temporary basis and salary approved , Temporary appointment extended r orrest, Mary A., cafeteria helper, appointment on temporary basis and salary approved Appointment made permanent and increase in salary approved , Resignation accepted ''arrison, Mrs. Mary, kitchen helper, appointment on temporary basis and salary approved 4-, Mrs. Katie, kitchen helper, appointment on temporary basis and salary approved Appointment made permanent and salary approved Salary increased ' 1"Imsley, Pearl, kitchen helper, appointed on temporary basis and salary approved Appointment made permanent and salary approved Separation from service "4,Yden, James, kitchen helper, appointment and salary on temporary basis approved Appointment extended and salary approved Extension of temporary appointment approved Appointment extended on temporary basis for indefinite period, with no change in salary Resignation accepted p . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/4 3/29 185 451 5/ 3 658 2/1 170 11/18 1711 11/29 1786 6/16 896 2/22 4/17 287 6/18 599 905 8/19 1214 2/15 2/19 250 271 5/1 6/18 653 905 6/14 881 8/ 9 1175 10/11 1487 2/1 169 2/1 169 3/29 450 10/12 1493 2/12 228 3/29 6/4 450 840 2/1 3/29 5/28 169 451 797 7/27 1115 12/31 2022 281 Pages statt cap Board of Governors: (Continued) e. , , teria: (Continued) nensen, Mrs. Myrtle, kitchen helper, permanent appointment 2/1 and salary approved Herrmann, Mrs. Violet, kitchen helper, permanent appoint2/1 ment and salary approved 10/12 Salary increased Holley, Mrs. Lillian M., cafeteria helper, appointment on 5/19 temporary basis and salary approved 7/ 2 Resignation accepted Hutchison, Mrs. Annie Mae, kitchen helper, appointment on 3/1 temporary basis and salary approved 3/4 Resignation accepted Imhoff, Mrs. Anna, cook, permanent appointment and salary 2/1 approved Intermittent employees, authority to Secretary's Office to place on pay roll on hourly basis when neces2/1 sary Jones, Mrs. Pearl, cook, permanent appointment and salary 2/1 approved 4essel, Betty A., cafeteria helper, appointment on tem11/ 9 porary basis and salary approved 11/29 Termination of services 'Lawson, Mrs. Laura E., cafeteria helper, appointment on 5/13 temporary basis and salary approved Appointment made permanent and increase in salary ap7/ 9 proved Leni„ - e, Mrs. Mamie A., kitchen helper, appointed on temporary 2/22 basis and salary approved L 2/25 Separated from service ewis, Mrs. Nola, kitchen helper, appointment and salary 2/16 approved , Resignation accepted 2/20 Yrin, Mrs. Shirley Jane, cafeteria helper, appointment on 11/ 4 temporary basis and salary approved Illaskalenko, Sonia, cafeteria helper, appointment on tem11/ 4 porary basis and salary approved 11/17 Resignation accepted katthews, Ralph, cafeteria helper, appointment on temporary 8/ 6 basis and salary approved APpointment extended on temporary basis and salary in10/ 4 creased 11/12 m„ Resignation accepted temporary r°rY, Anne, cafeteria helper, appointment on 10/26 basis and salary approved 11/3o m Resignation accepted ellenrY, Mrs. Dorothy, cook, permanent appointment and sal2/ 1 ary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 169 169 1493 733 1008 320 341 169 170 169 1651 1786 713 1028 287 300 256 276 1635 1635 1707 1164 1457 1670 1560 1791 169 4,atf 282 Pages Of Board of Governors: (Continued) Cafeteria. (Continued) mcVearry, Mrs. Florence, kitchen helper, appointed on tem porary basis and salary approved Appointment made permanent and salary approved Meals for employees, monthly deduction to be made for Miles, Juanita, kitchen helper, appointment on temporary basis and salary approved Resignation accepted Moore, Garrett B., kitchen helper, appointment on temporary basis and salary approved u, Separated from service 'Yers, William, kitchen helper, permanent appointment and salary approved Salary increased ()liver, Mrs. Dorothy, kitchen helper, appointment on temporary basis and salary approved APpointment made permanent and salary approved Resignation accepted enington, James, cafeteria helper, appointment on temporary basis and salary approved 13 Termination of services etrovich, Mrs. Vera, cafeteria helper, appointment on temporary basis and salary approved Prather, Mrs. Alma, kitchen helper, appointment and salary on temporary basis approved R Resignation accepted eals, Sarah, kitchen helper, appointment on temporary basis and salary approved 4binson, Mrs. Ethel, kitchen helper, appointment on temporary basis and salary approved R Separated from service "ton, Victoria, kitchen helper, appointment on temporary basis and salary approved Schutrumpf, Doris, Assistant Manager, permanent appointment and salary approved Salary increased Schwartz, Mrs. Ray, kitchen helper, appointment on temporary basis and salary approved Temporary appointment extended, no change in salary , Termination of services, approved `'ecretaryt s Office authorized to place employees on Board's pay roll hinn, Mrs. Emma, head baker, permanent appointment and salary approved Sirnill°Ils, Evelyn M., cafeteria helper, appointment on temporary basis and salary approved Resignation accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/12 3/29 2/1 228 450 170 2/1 2/6 169 3/4 3/24 340 424 194 2/1 169 10/12 1493 2/1 3/29 5/19 169 450 734 8/ 7 1172 8/12 1197 11/26 1749 2/1 3/10 169 355 2/1 169 3/1 3/24 320 424 2/1 169 2/1 169 11/13 1679 2/25 4/17 5/10 300 599 691 2/1 170 2/1 169 10/19 1530 11/13 1680 283 Pages Staff. „, m _(?.'1 Board of Governors: (Continued) .viaeteria: (Continued) Simms, John R., cafeteria helper, appointment on temporary 5/19 basis and salary approved 6/18 Increase in salary approved 7/15 Appointment made permanent 10/12 Salary increased Simms, Mrs. Martha, junior supervisor, permanent appoint2/ 1 ment and salary approved Smith, Dora, junior supervisor, permanent appointment and 2/ 1 salary approved 10/12 Salary increased Somers, Ruth, clerk, permanent appointment and salary ap2/ 1 proved 10/12 Salary increased 0ousa, Harry E., cafeteria helper, appointment on temporary basis and salary approved 5/14 6/14 Separated from service Stem, Mrs. Edith, baker, permanent appointment and salary 2/ 1 approved laPsoott, Raymond J., cafeteria helper, appointment on tem7/13 porary basis and salary approved 9/ 9 Extension of appointment Tavenner, Mrs. Mary, cafeteria helper, appointment extended, 8/ 9 with no change in salary Appointment extended on temporary basis and salary in10/ 4 creased Tayi -Lor, Harry, kitchen helper, appointment on temporary 2/ 1 basis and salary approved 3/29 approved Appointment made permanent and salary ,, Salary increased 10/12 inomas, Courtney, kitchen helper, appointed on temporary 2/10 basis and salary approved Ins Resignation accepted 2/12 'Llompson, Henrietta, kitchen helper, appointment on temporary 2/ 1 basis and salary approved rm_ Resignation accepted 2/ 6 “1-1-13 Mrs. INInnie, kitchen helper, permanent appointment 2/ 1 and salary approved 10/12 Salary increased " . 41.71er, Mrs. Stella R., cafeteria helper, appointment on 6/ 3 temporary basis and salary approved 7/30 Appointment made permanent and salary increased -"lngs, Mrs. Mildred, Manager, permanent appointment and 2/ 1 salary approved ' 44n, Mrs. Henrietta, cafeteria helper, appointment on 4/26 temporary basis and salary approved 4/27 Separated from service http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 733 905 1056 1493 169 169 1493 169 1493 716 882 169 1047 1304 1176 1457 169 450 1493 209 229 170 194 169 1493 834 1131 169 624 629 284 Pages 8tart Of 0.,k , . )1 Board of Governors: (Continued) g-leteria: (Continued) Warmke, Pauline, kitchen helper, appointed on temporary basis and salary approved Temporary appointment extended, no change in salary Separated from service Wathen, Alice C., cafeteria helper, appointment on temporary basis and salary approved Termination of services Woods, Carlena, kitchen helper, appointment on temporary basis and salary approved Resignation accepted Wright, Eva, kitchen helper, permanent appointment and salary approved Salary increased Zimmerli, Mrs. Isabelle, kitchen helper, permanent appointment and salary approved Resignation accepted, deduction to be made for unearned Cha , annual leave "omen: Annual leave, war time regulations re current and accumulated ?I -rdales, Mrs. Alice, resignation accepted Beach, Ida M., salary increased Madalena, salary increased Cooke, Clara Ray, salary increased t°rbin, Sarah F., salary increased alt°n, Mrs. Margaret E., appointment on temporary basis and salary approved t Appointment made permanent eskin, Mrs. Attie L., appointment on temporary basis for indefinite period and salary approved tl 413 : 1. 3-s, Mrs. Maude, resignation accepted u leo, Mary J., salary increased ann, Mrs. Sadie M., appointment and salary approved Resignation accepted Mock, Clara, salary increased Resignation accepted, without deduction for overdrawn sick leave Pain„“ .'e, Della M., appointment on temporary basis and salary approved P00 re, Mrs. Caroline R., appointment on temporary basis and salary approved Ranri --01-ph, Mrs. Estelle, appointment on temporary basis and salary approved Ro --rs Dorothy, salary increased Shei+ -von, Lula Mae, salary increased Resignation accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/18 4/17 4/27 266 599 629 11/18 1711 11/29 1786 2/4 2/12 185 229 2/1 169 10/12 1493 2/1 169 10/12 1494 7/22 1082 7/ 3 1010 10/12 10/12 102 10/12 1493 1493 1493 1493 10/11 1486 12/ 8 1830 7/20 1074 8/28 1252 10/12 1493 8/ 9 1175 11/11 1664 10/12 1493 12/16 1920 11/11 1662 9/10 1316 6/19 911 10/12 1493 10/12 1493 12/13 1858 285 Pages Starr ellO Board of Governors: (Continued) arAromen: (Continued) SPicer, Libbie L., salary increased Steiner, Almeda, salary increased Sunderman, Ethel M., salary increased TaYlor, Mrs. ha A., appointed on temporary basis and salary approved Illiklund, Mrs. Lillie J., resignation accepted "allffeurs: Bel-1, J. Frank, salary increased Salary increased Mayberry, H. F., resignation accepted 04_81.nclair, Robert, salary increased "lfication of employees, statement for presentation at meeting of employees' committee with Board's Personnel Committee -l'ensatory leave granted to employees for overtime in excess of 48-hour week when justified ecpi, s Office: 1)a1 mann, John C., Attorney, granted leave of absence withpay to enter U. S. Army outeas hell, Mrs. Frances C., secretary to Mr. Dreibelbis, salary increased Ohe C n herry, Alfred K., Attorney, salary increased k'ostinett, Mrs. Grace L., stenographer, transferred to Division of Research and Statistics as clerkstenographer suy, Jean, stenographer, salary increased uoi aa, Helen V., law clerk, resignation accepted ureibelbi5, J. P., General Attorney: Increase in salary approved Meeting of legal subcommittee of Committee on Foreign Accounts, suggested, but present not proper time for, advice of and decision not to attend Regulation N, outline of developments to date and statements of questions involved Statement on changes in margin requirements Statement re taxation of Board's building To prepare opinion re authority of Board to remove officer of FRBank, and to vest responsibility in full-time Chairman Transamerica Corporation, likelihood of hearing, suggestions as to preparation for ktr'1, S Everett, law clerk, salary increased ;.1 Howard H., Assistant Attorney, possibility of being drafted for military service brought to attention of Board, noted without action http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10 0/12 111 2 1 12493 10/12 1493 12/ 1 1799 8/ 9 1176 3/ 1 321 9/25 1423 8/ 7 1172 8/27 1249 9/10 1321 5/ 6 671 4/19 605 8/10 1181 8/10 1181 6/12 876 10/16 1515 52 1/ 9 12/15 1917 9/25 1422 4/ 6 3/15 516 375 11/23 1724 10/26 1556 6/ 1 827 11/20 1717 3/ 8 351 286 Pages stw o ctBoard of Governors: (Continued) °Immelts Office: (Continued) Haokley, Howard H.: (Continued) Deferment, Board to request for six months if possible Expiration of deferment and no further action to be taken on Hooff, Wilson L., title changed to Attorney, and salary increased Hubachek, Frank B., Mr. Dreibelbis to negotiate for services of and to canvass possibilities of additional legal assistance --ey, John H., leave with pay on account of illness, granted Leave of absence with pay, on account of illness, extended and not to be charged against future leave Sick leave, advances treated as one period, liquidation to be waived • Filltohlnson, Mrs. Clara A., stenographer, reappointment at end of confinement leave approved L Resignation accepted T eaohman, Neth: (See Counsel, special, Board of Governors) egal assistance, possibilities of obtaining to be canvassed especially in real estate and commodity credit fields Mc Donnell, Mary M., stenographer in Legal Division, resignation accepted, reimbursements for retirement system to be refunded Iluehlhaus, Margaret, stenographer, transferred to Division of Bank Operations as secretary to Mr. Van Fossen, salary increase approved 8haY, Jerome W., Attorney, salary increased Granted leave of absence without pay to enter United States Naval Reserve St°Ile, Alonzo M., clerk-stenographer, transferred from Office of Mr. Szymczak, with adjustment in salary Ires t, George B., appointment as alternate on Committee on Deferment of Government Employees Increase in salary approved, and changes in duties noted Will "-lams, Kit, Attorney, resignation accepted %. Resignation accepted, effective June 15, 1943 "Ingfield, B. M., Assistant General Attorney: Regulation W, registration statements under, memo on examination by Department of Justice prepared by To go to FRBank of Dallas during absence of Mr. Stroud http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/15 371 9/24 1412 8/10 1181 4/16 594 2/27 315 3/30 473 9/ 3 1276 3/1 4/14 321 587 4/16 594 3/10 355 6/18 905 8/10 1181 8/19 1213 12/ 8 1828 9/15 1350 12/15 1917 5/7 676 6/14 882 3/17 3/31 392 477 287 Pages Nxt 0_ co r Board of Governors: (Continued) ilnsel's Office: (Continued) Wingfield, B. M.: (Continued) Salary while at FRBank of Dallas during absence of Mr. Stroud, to be paid by Board and expenses to be 4/16 paid by FRBank 6/30 Return from FRBank of Dallas Dallas, of Voucher for expenses incurred while at FRBank 7/10 approved investigation Travel expense voucher in connection with 9/22 of Transamerica Corporation 12/30 Resignation accepted Wyatt, Walter: 7/23 Fiscal agency operations of FRBanks, work on memorandum Granted special leave with pay to attend Fourth Army 2/12 Orientation Course Hearing officer for case of Consumers Home Equipment Co., Detroit, Mich., in violations of Regula12/14 tion W deposits, Maximm rate of interest on time and savings 8/ 3 history and reasons for, reviewed by 9/18 State legislation, communications to be addressed to To conduct hearing on compulsory forfeiture of membership of Pine Lawn Bank and Trust Company, Pine 11/29 Lawn, Mo. ererni ent from military service, letter to Mr. Robert M. Barnett 1/22 on problems of Board and FRBanks ect of Executive Order re, statement of Mr. Leonard 3/15 'Ast of key positions not to be submitted at present but 4/ 9 requests to be submitted 17,-?11 of Bank Operations: s4J-1, Mrs. Margaret K., clerk, extension of leave of ab3/ 1 sence without pay granted to Increase in salary approved 7/ I pcsYer, Ritanan,Yer,a s., clerk, increase in salary approved 7/ 1 3/ 6 Avelyn, secretary, resignation accepted 41.1ahan, Frank J., clerk-typist, increase in salary approved 7/ 1 ri; 7/ 1 Mary Ann, clerk, increase in salary approved 11/11 01 Salary increased 7/ 1 co'tlns, Wesley B., messenger, increase in salary approved 11/11 0,214-ing, Gerald M., Technical Assistant, salary increased vflnell, J. J., Technical Assistant, transferred from Div12/31 ision of Examinations approved 0, — "er, clerk, increase in salary Esther W., 7/ 1 4on Mrs. Zelpha, clerk, resignation accepted, salary ad4/20 justment of unearned annual leave to be made http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 595 990 1041 1398 2013 1090 228 1866 1150 1371 1781 109 367 544 322 995 995 348 995 996 1663 996 1663 2021 995 610 288 Pages Statt orBoard of Governors: (Continued) on of Bank Operations: (Continued) Daniels, Mortimer B., Technical Assistant, salary increased DeLaMater, John: To represent FRBank of Chicago in mutilation of plate bearing signature of Alfred T. Sihler Designated to represent FRBank of San Francisco in mutilation of copper plate To represent FRBank of San Francisco in mutilation of plates bearing signatures of Messrs. Ambrose, Davis, Partner, and Shaw To represent FRBank of San Francisco in mutilation of plate bearing signature and title of H. N. Mangels To be retained in Board's employ for additional six months on same basis as formerly Farrell, John R., Associate Technical Assistant, granted leave of absence without pay to enter U. S. Navy Garrison, Doris A., clerk, appointment and salary approved, services to be terminated if references unsatisfactory , Salary increased ;foheen, Loretta, senior clerk, salary increased 41.1.set, Margaret, clerk-stenographer, transferred from Office of Administrator for War Loans Committee Increase in salary approved . Salary increased lner, Sybil E., secretary, resignation accepted arris, Mrs. Ruth Kathryn, clerk, appointment and salary approved 4• sminInger, Mrs. Tressa B., clerk-stenographer, resignation accepted Ho bson, Mrs. Dorothy W., clerk, appointment and salary approved Appointment made permanent, with no change in salary T, Salary increased "1,orbett, J. E., Assistant Chief, salary increased ugele, Mrs. Charlotte M., clerk, resignation accepted jilrleY, John J., Senior Clerk, increase in salary approved °flee, Marjorie F., Senior Clerk, increase in salary approved 14,1alican, Thelma C., clerk, increase in salary approved ' 1J,chell, Willis H., Supervisor, Call Report Section, increase In salary approved Mesrrissette, O. B., Senior Clerk, increase in salary ap- e il proved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/11 1663 4/27 632 3/6 350 5/26 789 10/26 1561 11/ 5 1641 6/21 916 5/25 781 11/11 1663 11/11 1663 6/21 916 7/1 996 10/16 1515 5/29 808 4/28 634 1/4 14 8/21 1226 11/ 4 1636 11/11 1663 12/24 1976 12/15 1915 7/1 995 7/, 1 7/ 1 995 995 7/1 995 7/1 995 289 Pages staff Board of Governors: (Continued) ion of Bank Operations: (Continued) Ikehlhaus, Margaret, secretary to Mr. Van Fossen, transferred from Legal Division, salary increase approved *rick, L. S., Assistant to Chief, salary increase approved Salary Increased To attend Fiscal Agency Conference in Chicago Severud, Esther, transferred from War Loans Committee as stenographer with no change in salary , Increase in salary approved °Ilaffer, Charlotte M., clerk, balance of accumulated and annual leave to be taken, in addition to leave without pay, contributions to retirement system to be continued lerfY, R. E., Senior Clerk, increase in salary approved 'Mead, E. L.: Appointment as alternate on Committee on Deferment of Government Employees Designated to attend meetings of insurance committee as Board's representative Designated to serve on subcommittee to study aspects of lending under Regulation V Designated to work with committee considering improper indorsements on checks drawn on Treasurer of U. S. Earnings and expenses of FRBanks for 1942, figures presented with press statement to be issued PRnote clearing, letter to FRBanks on discontinuance of separate and procedure to be followed Insurance agreement of FRBanks, memo of report of Insurance Committee re Insurance premiums paid and losses incurred by FRBanks and estimated savings by adoption of insurance agreement Memo on "Member Bank Reports on Deposits for Computation of Required Reserves" Reasons for and against provision of FRAct prohibiting one FRBank from paying out notes of another FRBank, statement of Retirement system, to advise Mr. Hays of Board's opinions re changes in Retirement system, Board's position on to be stated at Presidents' Conference by expenses September drive, authorization for payment of Mr. with discussed be to matter by FRBanks, Bell T http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/18 905 363 3/12 11/10 1659 10/ 5 1463 1/7 7/1 39 996 5/29 7/1 808 995 9/15 1350 2/19 274 4/7 536 3/6 349 1/9 56 1/9 54 9/10 1314 1/26 130 4/13 566 3/30 458 6/8 860 6/15 888 8/25 1241 290 Pages of Board of Governors: (Continued) on of Bank Operations: (Continued) mead, E. L.: (Continued) System holdings of Treasury bills, publication of fig4/3 ures in FRBulletin and weekly statement 10/ 5 To attend Fiscal Agency Conference in Chicago Sraith, Jewell B., Secretary to Mr. Smead, increase in sal7/1 ary approved of Stone, Harry B., senior clerk, transferred to Division 6/12 Personnel Administration, no change in salary Trott, Sarah L., clerk-stenographer, salary increase ap3/12 proved 11/11 , Salary increased 12/24 Fossen, John R., Assistant Chief, salary increased and "erner, Dorothy Louise, clerk-stenographer, appointment 1/7 salary approved 7/1 Increase in salary approved 10/16 r. Salary increased 5/21 141j1. 9-1liams, Mary C., clerk-typist, resignation accepted ! ,on of Examinations ' Lams, Carl V., appointment as assistant FRExaminer and sal2/13 ary approved Headquarters changed from Chicago, Illinois to Omaha, 5/12 Nebraska 12/28 Salary increased D ' erg, Mrs. Helen K., stenographer, appointment on temporary 6/30 basis and salary approved 10/ 7 Appointment made permanent and salary increased 10/27 Resignation accepted BerY, 2/9 Benjamin D., messenger, salary increased clerk Transferred to Secretary's Office as junior mail 3/18 on temporary basis, no change in salary Bri 10/11 D en, E. L., Jr., FRExaminer, salary increased "rown, Willis G., FRExaminer: Additional sick leave granted, not to be charged against 6/23 future leave peTravel expenses, voucher covering per diem during riod of illness and transportation charges to 2/4 home station approved Cap,1 accommodations C. E., additional expenditure for 9/ 4 during July 17-21 approved 10/ 1 Salary increased Oh Nancy Lee, stenographer, appointment on temporary 6/23 basis and salary approved 9/ 3 0_ Resignation accepted for expenditure additional FRExaminer, J. J 10/ 5 bedroom approved 497 1463 995 875 363 1663 1976 39 996 1515 745 1 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 231 711 1994 991 1478 1563 203 404 1486 921 188 1288 1447 921 1276 1464 291 Pages 4,44. Di0f Board of Governors: (Continued) sion of Examinations: (Continued) Connell, J. J.: (Continued) Transferred to Division of Bank Operations as Technical Assistant Cooke, Robert W., Assistant FRExaminer, additional expenditure for roomette approved D3'ra Dwight L., FRExaminer, salary increased • . ay, , William S., messenger, appointment on temporary basis and salary approved , Resignation accepted urake, William H., messenger, transferred from Office of Mr. Draper Eaton, Charles, Assistant FRExaminer: Salary increased Salary increased Voucher for travel expenses approved including price of roomette English, J. Fred, Assistant FRExaminer, resignation accepted 4aminer in charge of field force, position recognized as equal to that of assistant head of division Fischer, Charles E., Assistant FRExaminer, appointment on temporary basis for indefinite period and salary approved Salary increased HarA4_ '&-1-11, James L., appointment as assistant FRExaminer and salary approved ty Resignation accepted u, "J-ug, Mrs. Marie Anne, stenographer, resignation accepted "-Lghfield, Carroll R., Assistant FRExaminer, salary increased Ke arneY, Helene L., secretary to Mr. Pollard, increase in salary approved Resignation accepted -LeY, John N., Jr., Assistant FRExaminer: Salary increased Transferred from Secretary's Office and appointed assistant FRExaminer with no change in salary Ko.,. -"ig, Mrs. Adele R., stenographer, appointment on temporary basis and salary approved rug, Harold T., Assistant FRExaminer: Headquarters changed from Omaha to Denver Voucher for travel expenses approved including price of., roomette LAm --"g, Arthur ., FRExaminer, promotion from Assistant FRExaminer and increase in salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/31 2021 10/ 5 1464 10/11 1486 4/i 484 8/21 1226 9/ 1 1267 6/25 937 12/28 1995 8/23 1235 12/16 1919 10/ 1 1447 5/20 741 12/28 1995 2/17 262 9/23 1408 6/3 835 10/11 1486 7/20 1075 9/ 9 1305 12/28 1995 1/27 150 11/ 3 1622 2/22 288 8/23 1235 7/14 1052 292 Pages Board of Governors: (Continued) v-t-sion of Examinations: (Continued) Lang, Arthur H.: (Continued) Request for deferment from military service for 6 7/14 months requested be Extension of deferment to = Salary increased Lyster, Elmer W., Assistant FRExaminer, appointment on 8/20 temporary basis and salary approved Matheny, Rodman C., Jr., Assistant Federal Reserve Examiner, appointment on temporary basis and salary ap11/25 proved Louis, Chicago, Ill., to St. changed from Headquarters 12/31 Missouri 10/11 McClelland, W. J., FRExaminer, salary increased Millard, E. R.: Employment by FRBank of Cleveland, discussion of, no objections to negotiations re, but services 9/25 needed at Board at present 10/26 completed Boston to be at FRBank of Memo re conditions Salary, adjustment in, Personnel Committee requested 9/25 to recommend 10/ 1 increased Salary appointFRExaminer, temporary Assistant 4(°rgan, Ross W., ment and salary approved, headquarters at 7/19 Washington, D. C. Moye, Audrey L., stenographer, appointment on temporary basis and salary approved 9/ 4 11/12 Appointment made permanent and salary increased 41urff, Gordon R., payment of additional travel expenditure 3/20 because no other accommodations available 10/11 Salary increased MYers, Edward S., Assistant FRExaminer, resignation ac2/13 cepted Nil-es, Donald C., Assistant FRExaminer, resignation ac2/13 cepted PaUlger, Leo Additional expenditure for accommodations on train approved Authorized and directed to conduct examination of each 192//240 FRBank during 1944 of Mr. Millard by FRBank of Cleveland, state9/25 ment re To prepare draft of letter to FRBank of Boston re con10/26 ditions needing correction i 2/ 9 Per, Robert L., messenger, salary increased 10/ 1 P increased William B., Assistant Chief, salary ollard,a 11.°I http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1055 1 79974 1219 1741 2021 1486 1418 1552-5 1420 1447 1070 1279 1669 419 1486 232 232 11297 7 1420 1556 203 1447 293 Pages hart Board of Governors: (Continued) ' 1118j-on of Examinations: (Continued) . Porter, Joseph H., FRExaminer, salary increased Porter, Mrs. Nancy R., clerk-stenographer, salary Increased Rice, Violet M., stenographer, appointment and salary approved Transferred to Division of Research and Statistics, with no change in salary Richner, Julius B., Assistant FRExaminer, resignation accepted Ringen, George M., Assistant FRExaminer, salary increased and designation changed to FRExaminer Schiller, Lillian H., stenographer, transferred to Division of Research and Statistics Schoenhoff, Robert J., Assistant FRExaminer, granted leave without pay to enter active service with Army Scott, Frances, secretary to Mr. Pollard, salary increased Seeger, William H., Jr., Assistant FRExaminer, resignation accepted Skees, L. E., FRExaminer, appointment and salary approved Smith, Carl A., appointment as Assistant FRExaminer on temporary basis and salary approved Smith, James C., Assistant FRExaminer: Headquarters changed from San Francisco to Boston Promotion from Assistant FRExaminer to FRExaminer and increase in salary approved r, Salary increased 4aYlor, John William, Assistant FRExaminer, appointment on temporary basis and salary approved rs, Salary increased "mmpson, Andrew N.: Additional expenditure for accommodations on train approved Salary increase approved T Title changed from Assistant FRExaminer to FRExaminer j°uP, F. W., Assistant FRExaminer, salary increased "411chope, Mrs. Elizabeth B., stenographer, appointment on temporary basis and salary approved Wendt, Karl P., appointment as assistant FRExaminer on temporary basis approved Salary increased uurn, Adolphus D., appointment as assistant examiner on temporary basis and salary approved Headquarters changed from Memphis, Tennessee, to New Orleans, Louisiana Salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/11 1486 11/30 1791 8/14 1201 11/10 1660 9/29 1440 10/11 1486 9/ 1 1267 2/1 172 11/30 1791 153 1/28 7/14 1050 6/30 990 2/10 209 2/12t 1Z4. 17 604 4/19 10/11 1486 9 1/1164. 138 87 7/14 1052 10/11 1486 11/13 1678 2/17 261 12/28 1994 1/21 102 6/3 834 12/28 1995 294 Pages Staft Dic'f Board of Governors: (Continued) on of Examinations: (Continued) Wright, Marion E., Assistant FRExaminer: Headquarters changed from Washington, D. C., to 6/ 3 Charlotte, North Carolina 4/ 7 Salary increase approved /28 12 Salary increased abof leave Zidek, Louis W., Assistant FRExaminer, granted sence without pay to enter active duty with 3/12 U. S. Army / --s-lon of Personnel Administration: Allen, Dwight L., Personnel Technician, appointment and 12/30 salary approved apsalary in 84ags, Mrs. Olga W., Interviewer, increase 6/30 proved Braden, Mrs. Helen, substitute nurse, loaned to Office for Emergency Management for month of September on 8/30 reimbursable basis for extended Detail to Office for Emergency Management 10/ 6 period October 1-6, 1943 reimbursDetail to Office for Emergency Management on able basis extended for period not beyond 10/19 October 23 apsalary APpointment as nurse on temporary basis and 10/26 proved 5/18 , 41, Helen Lindsley, clerk, resignation accepted 5/29 onomic handbook, to obtain staff for work on r lshburn, Judith M., transfer to Division as interviewer 2/1 made permanent and salary increased 3/6 ja Resignation accepted 10/14 j Evis, Ruth, maid, salary increased appointment °"flson, Herbert A., Administrative Assistant, on temporary basis for indefinite period and 5/19 R. salarysalaryapproved L o enard, Annual report of Employees Committee, discussion of, 3/17 =MD being prepared by Committee Board Appointed as member of Committee on Deferment of 3/15 employees Executive Deferment of Government employees, effect of 3/15 Order on Board's employees, statement re advice and FRBanks as essential activities, statement of 5/12 to Mr. Stocking re request for classification Branch, Memo re F.B.I. report on employee of Seattle 11/16 former member of Young Communist League reRichmond, Personnel classification plan of FRBank of 1/13 vision to increase maximum salaries http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 834 535 1995 363 2012 992 1255 1466 1530 1558 730 804 171 347 1508 733 398 370 367 702 1701 69 295 Pages half re c) Board of Governors: (Continued) 4.111-slon of Personnel Administration: (Continued) Moore, Mrs. June A., stenographer, transferred from Sec4/23 retary's Office, no change in salary 6/30 Increase in salary approved Pacquin, Virginia M., clerk, transferred from Division of 5/18 Research and Statistics, no change in salary 10/14 Salary increased Poundstone, Mrs. Florence M., clerk, increase in salary ap6/30 proved increase Shock, Mrs. Dorothy M., secretary to Mr. Leonard, 6/30 in salary approved temporary Steadman, Helen L., clerk-typist, appointment on 10/ 5 basis and salary approved Szymczak, no Stone, A. M., transferred to Office of Mr. 4/23 change in salary Stone, Harry B., senior clerk, transferred from Division of 6/12 Bank Operations, no change in salary 8/ 7 Increase in salary approved ' lleetergren, Ruth A., Personnel Clerk, increase in salary ap8/ 7 proved Wiokline, M. Callie, nurse, granted leave of absence with10/25 out pay to enter Army Nurse Corps :lon of Research and Statistics: ' dler, J. Hans, junior economist, appointment on temporary basis and salary approved, subject to report 4/6 by Federal Bureau of Investigation Baci, 9/10 u . "3 G. L., Economist, salary increased CO, Mrs. Jane, clerk, granted leave without pay for period not to exceed six months and permission to 9/18 use accumulated and accrued annual leave 8arnett Lucille, clerk, salary increased 2/13 BaUr, ' 11/ 5 Helene F., clerk, salary increased B "II, Robert W., junior economist, granted leave without 1/29 pay to enter service with Army Be increase ers, Mrs. Anna G., clerk-stenographer, salary 4/8 approved and Granted leave without pay, balance of accumulated annual leave to be taken, contributions to re5/31 tirement system to be continued October Granted leave without pay from September 22 to 9/20 15, and also use of accrued leave exceed Granted extension of leave without pay not to three months, contributions to retirement ay-s10/26 tern to be continued ten; . temon oamln, Georgiana 0., clerk-typist, appointment 7/20 porary basis and salary approved 9/ 7 Resignation accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 616 992 730 1508 992 992 1462 616 875 1172 1172 1550 518 1318 1364 232 1642 158 539 817 1386 1560 1074 1295 296 Pages tir . o Board of Governors: (Continued) "771,10n of Research and Statistics: (Continued) 46ergelin, John O., budget approval numbers on FRBank forms, reasons for and against use of Bernstein, Doris B., economic assistant, appointment and salary approved after discussion of high entrance salary Bettman, Alfred, special consultant, to be retained for additional period of sixty days with same salary arrangement as before B. Mrs. Sara Louise, clerk-stenographer, appointment and salary approved Resignation accepted 'lock, Herbert, junior economist, appointment on temporary basis and salary approved Bly+1, 14, L. , Mary D., clerk, appointment and salary approved -°nlin, Mary Hedda, clerk, granted leave of absence without pay to enter U. S. Marine Corps, Women's Reserve Boiseau, Mrs. Natalie, clerk-stenographer, resignation accepted Resignation, action rescinded and employment to continue without break in service Resignation accepted "011rneuf, Alice: United Nations Bank for Reconstruction and Development, summary on Br() L. c)x.s, Ruth, administrative clerk, increase in salary approved Bunce, Arthur C., Domestic Business Conditions Section, appointment and salary approved Voucher approved to cover cost of trip to Washington for interview at request of Board 0 11111. 1:g?ss, Caroline M., library assistant, salary increased 'Pln, Harold F., junior economist, appointment and salary approved Ohl ePner, Ben S., junior economist, appointment on temporary basis and salary approved, to be terminated if FBI report unfavorable Salary increase as Economic Specialist for last four and one-half months of appointment approved Extension of appointment, approved for three months only Extension of appointment for period not to exceed one month Cow 'en, Joan E., page in Secretary's Office, transferred as clerk with no change in salary Resignation accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/14 80 7/ 2 1002 2/6 193 1/2 7 756 5/24 3/4 340 7/23 1094 4/9 544 3/26 436 3/31 479 538 4/8 9/27 1431 6/12 876 11/23 1727 11/29 1788 1/12 62 5,15 664 3/16 387 5/3 657 9/ 9 1303 12/10 1843 1/13 3/25 74 431 297 Pages Statt v Board of Governors: (Continued) "4.81-on of Research and Statistics: (Continued) Costinett, Mrs. Grace L., clerk-stenographer, transferred 6/12 from Legal Division, no change in salary Co), Mrs. and Florence Raymond, clerk-typist, appointment salary approved l a . Salary increased Crawford, John M., junior economist, salary increased 8/26 Crews, Mildred, clerk-stenographer, salary increased 1/12 6 /14 Resignation accepted Currie, Lauchlin, leave of absence to serve as Administrative Assistant to the President extended for 2/ 8 one year D • 8 /31 increased avls, Mrs. Alice L., clerk-stenographer, salary six exceed Leave of absence granted for period of not to months, November 16 - March 20 to be without pay 10/ 4 Dea 3/30 rt4i, Mrs. Regina M., clerk, resignation accepted D '"ernburg, Hans J., junior economist, appointment on temporary basis and salary approved, membership in Retirement System on restricted basis if necessary, services to be terminated if FBI report 4/ 6 unfavorable poem --er, Mrs. Leila M., clerk, granted leave of absence 10/22 without pay to enter WAC b°111ar, Evsey David, associate economist, appointment and salary approved on temporary basis with provision for entering Retirement System on re1/ 9 stricted basis ve Do 8/31 Dr, Mrs. Ruby S., clerk-stenographer, salary increased jver, Mrs. Sue, clerk, appointment on temporary basis ' 4/14 and salary approved 6 11/ p.r?r, Helen R., library assistant, salary increased %-onomist, employment of outstanding, to direct regional 2/26 research studies L'uerg, Robert, junior economist, appointment on temporary basis and salary approved, participation in retirement system to be deferred four months, and appointment to be terminated if 3/5 FBI report unfavorable 7/31 til .Resignation accepted 18, Howard, suggested for employment in connection with ' 8/10 research work on European financial position subAPPointment on temporary basis and salary approved, 8/18 ject to release from University of California rist, 4 10/28 Es,_ Rosa, economic assistant, salary increased 1/12 tv er, Eleanor M., library assistant, salary increased ' 8/27 axis, Ethel L., clerk, salary increased P http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 876 f 12161 1245 62 882 198 1266 1457 473 517 1544 51 1266 587 1648 305 345 1136 1182 1210 1569 62 1249 298 Pages Staff DiQr Board of Governors: (Continued) si°n of Research and Statistics: (Continued) 'aulicner, Mrs. Kathryn S., clerk, granted extension of leave of absence on same basis as original leave, and to be placed on pay roll as regular employee, effective February 16, 1943 , Salary increased t%uteux, Blanche D., clerk-stenographer, appointment and salary approved Fernandes, Mr., of Brazil, question of employing, in connection with Latin American training program Financial position of European and certain other countries, staff to be assembled for work on information re Pis cher, Elizabeth C., draftsman, resignation accepted °a) Bruno, question of employment because of noncitizen' ship, referred to Personnel Committee for further consideration APpointment on temporary basis for period not to exceed six months to study financial position of Italy for State Department project and salary approved For • slang, Mary Elizabeth, clerk, resignation accepted Action on resignation rescinded, and accepted as of later date prase) Mrs. Eleanor Stockwell, junior economist, salary increased , Reemployment at end of confinement leave approved rr ederick, Mrs. Louise A., clerk, increase in salary approved Resignation accepted, refund to be made for unearned annual leave Pur+1.. "11) Josef H., associate economist, temporary appointment and salary approved, to be terminated if FBI report unfavorable Lt 'es, Dorothy M., economic assistant, appointment and salary approved Granted leave of absence without pay to enter Women's Army Corps, and payment of 5/12 of one month's unearned salary Ga lvez, Virgilio, of Honduras, question of employing, in connection with Latin American training proGarbgram Ga r) Margaret R., clerk, increase in salary approved Nner, Walter R.: International stabilization, memo prepared re amendments proposed by Lord Keynes To attend meeting at Treasury re http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/27 314 8/20 1220 7/ 9 1028 12/28 1991 8/10 1181 91 1/18 11/24 1732 12/18 1932 3/30 473 4/6 519 1/4 5/31 14 816 5/29 808 10/ 7 1478 3/31 478 6/12 875 12/ 1 1800 12/28 1993 6/15 890 9/28 1436 9/28 1436 299 Pages State or Board of Governors: (Continued) 810n of Research and Statistics: (Continued) Gardner, Walter R.: (Continued) Paraguayan Government, monetary and banking project, to participate in Per diem increased for attendance at United Nations Relief and Rehabilitation Conference To attend meeting at Treasury re proposed Stabilization Fund Plan Training of Latin Americans in banking, memo on Federal Reserve participation in Trip to Cuba in connection with establishment of central bank World stabilization fund, report prepared on proposed plan Garfield, Frank R., Senior Economist, increase in salary approved Ga + 8., Mrs. Catherine F., clerk, appointment on temporary basis and salary approved Ger schenkron, Alexander, question of employment because of noncitizenship, referred to Personnel Committee for further consideration G. ervals, Helen, clerk-stenographer, salary increased Resignation accepted ' ' - 101ranettil Eleanor C., clerk-stenographer, salary increased Gi Resignation accepted Mrs. Vera R., clerk-stenographer, resignation accepted Goldberg, Erika L., clerk-stenographer, appointment on temporary basis and salary approved G, Resignation accepted Menweiser, E. A.: Deposits, preliminary survey of ownership of certain banks, recommended by PRbank notes, memo on criticism of recent issue distributed to Presidents Interest, reduction in maximum rates on time and savings deposits, statement of reasons for to be prepared by International stabilization, to attend meeting at Treasury re Ownership of deposits, question of survey to be presented to the Presidents of FRBanks by Post-war aviation, material re to be communicated to Post-war conversion of war loans, to work with subcommittee on http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/27 792 11/17 1709 6/15 886 12/28 1991 3/10 355 2/11 224 6/1 828 8/30 1255 11/24 1732 1/12 62 86 1/16 1/12 1/16 62 86 5/26 785 716 5/14 9/23 1408 3/25 430 1/26 128 7/27 1113-4 9/28 1436 2/26 10/15 310 1512 6/29 959 300 Pages Starr 0_ Board of Governors: (Continued) sion of Research and Statistics: (Continued) Goldenweiser, E. A.: (Continued) Reasons for and against provision of FRAct prohibiting one FRBank from paying out notes of another FRBank, statement of 3/30 08 Reduction in maximum rate of interest on time and sav8/ 3 1151 ings deposits, draft of statement re System holdings of Treasury bills, publication of figures in FRBulletin and weekly statement 497 4/ 3 To attend meeting at Treasury re proposed Stabilization 886 6/15 Fund Plan To obtain staff for work on economic handbook 5/29 804 United Nations Bank, to attend meeting at Treasury to 9/27 1431 discuss 9/28 1436 Memo re discussion at Treasury, prepared by Grunwell, Helen R., chief draftsman, salary increased 1/26 145 ,91114bart, Mary, economic assistant, salary increased 8/27 1249 "4berler, Gottfried, Economic Specialist: 8/ 6 1164 APpointment on temporary basis and salary approved Reimbursement for round trip between Cambridge, Mass., and Washington, D. C., and leave without pay 9/ 6 1293 for period Sept. 4-18 Voucher covering reimbursement for expenses to Wash7/28 1121 ington in connection with possible employment gerly Everett E., Associate Economist, appointment and 11/13 1678 salary approved 13 Mrs. Kathryn J., clerk, appointment on temporary 12/10 1842 basis and salary approved 41111, Agnes A., clerk-stenographer, appointment on temporary basis for indefinite period and salary 7/22 1080 approved Mary Louise, clerk-stenographer, salary increased 8/14 1201 Ha.rritn; Caroline junior economist, salary increased 1/ 4 14 10/14 1508 Salary increased -"sen, Alvin H., Special Economic Adviser: Book on "State and Local Finance in the National Economy", connection with System to be shown 11/24 1737 in Suggested by Mr. Eccles as appropriate member for Special Committee on Long-Term International In7/ 8 1026 vestment eY, Charles R., junior economist: Per diem increased for attendance at United Nations Re11/17 1709 lief and Rehabilitation Conference 14 1/4 Salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 301 Pages hatt Of Board of Governors: (Continued) -41sion of Research and Statistics: (Continued) Hermberg, Paul G., Associate Economist, temporary appointment extended for period not to exceed one year, with no change in salary Special manuscript in connection with the Civil Affairs Handbook on Germany, arrangements for typing by Miss Erika Goldberg approved Compensation to Mrs. Kantorovitz for typing portion of special manuscript Hersey, Arthur B., Associate Economist, resignation accepted Hinshaw, Randall W., junior economist, appointment and salary approved, membership in retirement system on restricted basis Hodson, Mrs. Viola A., clerk, salary increased Hough, M. Margaret, clerk-stenographer, salary increased Salary increased KellY, Mrs. Nancy B., secretary to Mr. Stark, granted leave of absence without pay because of illness, leave previous to Sept. 1 charged to accumulated and accrued leave, Board to continue retirement contributions if she continues hers Resignation accepted Kennedy, David M., Assistant Chief, Government Securities Section, increase in salary approved To attend Fiscal Agency Conference in Chicago Kenny, Mrs. Gunhild Anderson, Associate Economist, resignation accepted KnaPP, J. Burke, Assistant Head of International Section: Deferment from military service for six months requested Deferment from military service again requested Salary increased To keep in touch with Mr. Yang in work on Military Government Handbook Krauss, Mrs. Mary Soule, clerk-typist, appointment on temporary basis and salary approved Kr 1—u, Mrs. Amy, clerk-stenographer, resignation accepted K°,1rost, Martin, Senior Economist, deferment from military service not desired Resignation accepted '-arson, Louise H., clerk, increase in salary approved Resignation accepted 'atin Americans, Board participation in training program to be continued, with appointments on temporary six months' basis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/20 1074 11/16 1705 12/ 7 1827 4/22 614 10/ 7 1476 II/ 5 1642 62 1/12 10/16 1515 9/ 4 1280 11/18 1712 6/1 828 10/12 1496 4/20 610 7/ 7 1022 9/10 1319 9/10 1318 9/15 1354 9/ 7 1295 4/27 629 4/20 610 9/17 1361 6/12 876 9/ 3 1275 12/28 1991-4 302 Pages Sta4 c4* Board of Governors: (Continued) "4-Ideion of Research and Statistics: (Continued) 10/28 Laursen, Mrs. Agnete, economic assistant, salary increased Leahy, Mrs. Marie L., clerk-stenographer, resignation ac10/15 cepted salary in-stenographer, clerk Leverton, Mrs. Louise E., 1/12 creased temporary appointment on clerk, Linkins, Mrs. Ann Rita, 11/25 basis and salary approved salin increase Economist, Litchfield, Susan Burr, Senior 6/ 1 ary approved 1/26 increased salary draftsman, Lupton, Helen A., Lutz, Alice, clerk-stenographer, transferred from Division 2/ 6 of Security Loans with no change in salary Manning, Helen Taft, economic assistant, appointment and 5/26 salary approved 11/22 accepted Resignation 10/14 Marco, Pauline, clerk, appointment and salary approved temporary appointment on economist, Margolis, Julius, junior basis and salary approved, not to become member 4/17 of retirement system 6/18 accepted Resignation Marlowe,Ernest, messenger, transferred from Board Members' 6/19 Section 7/31 Increase in salary approved 10/28 Mareney, Mary M., junior economist, salary increased McCloud, Mrs. Lyndall C., junior economist, salary in1/ 4 creased 5/ 5 Increase in salary approved Mejia, Modesto Padilla, of Honduras, question of employing, in connection with Latin American training pro18 6, gram Melanson, Cecil, draftsman, salary increased Menderhausen, Horst, Domestic Business Conditions Section, question of employment because of noncitizen11/24 ship, referred to Personnel Committee Appointment on temporary basis without privilege of extension and salary approved, F.B.I. report to 11/27 be requested Metcalf, Margaret, draftsman, salary increased 8/16 Military Government Handbook, status of material being prepared for 9%r5 Mr. Yang employed to translate Japanese articles for ' A J-11e, Margaret F., clerk-stenographer, appointment and salary approved, service to be terminated if refer5/ 8 ences unsatisfactory 8 /31 Salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1569 1511 62 1743 828 145 194 785 1719 1507 598 905 911 1136 1568 14 664 9; 17.4 1734 1754 1206 1153 4h, 686 1266 303 Pages 8 aff 11,u1 Board of Governors: (Continued) 4:Irlsion of Research and Statistics: (Continued) Montealegre, Eduardo Luis, South American Specialist, appointment and salary on temporary basis approved Temporary employment, letter to Immigration and Naturalization Service re permission for Morelle, Wilel1yn, Economic Assistant, salary increased Mose, Milton, junior economist, leave of absence without pay to take pre-service civilian training course and then to be granted military leave upon entering into active duty with Signal Corps Granted leave extension to not beyond July 31, 1943, to continue training for Army service, contributions to retirement system to be continued Mullins, Mrs. Alice D., clerk, salary increased Resignation accepted Musgrave, Richard A., Associate Economist: Deferment for 6 months from military service requested Salary increased 4Yer, Mrs. Eleanor, secretary to Mr. Currie, leave of absence extended for one year National director, search for qualified person to serve as Nelson, Elsie T., clerk, salary increased Newton, James H., messenger, increase in salary approved Orndoff, Mrs. Mary Ann, clerk, resignation accepted, deductions for unearned annual and sick leave to be made Palmieri, Eleanor M., clerk, appointment on temporary basis and salary approved Resignation accepted PaPp, Mary Louise, clerk, resignation June 2, to be accepted, although employed by FRBank of New York on May 3 Paquin, Virginia Mary, clerk, appointment and salary approved Transferred to Division of Personnel Administration, no change in salary Perloff, Harvey S.: Co-author of book with Mr. Hansen on State and Local Finance in the National Economy Resignation accepted riser, Leroy M., Chief, Government Securities Section, increase in salary approved Extension of deferment requested PmArers, Marie L., clerk-stenographer, appointment and salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/14 1051 7/24 1097 8/20 1220 2/1 171 5/3 657 10/12 1492 11/ 3 1624 7/19 1072 9/10 1318 2/8 198 12/15 1912 2/15 251 7/31 1136 5/26 786 1/23 115 9/15 1350 5/21 745 1/22 108 5/18 730 11/24 1738 7/10 1037 828 6/i 10/22 1543 5/27 791 304 Pages hatt 114 of Board of Governors: (Continued) of Research and Statistics: (Continued) Putnam, Mary Jane, junior economist, appointment on tem10/ 7 porary basis and salary approved 1/12 Rackstraw, Elsie, Librarian, salary increased 2/27 Racz, Mrs. Winofred, clerk, appointment approved confineGranted leave of absence because of approaching 9/ 8 ment, retirement contributions to be continued 7/24 Reassignments of duties, memo of Mr. Goldenymiser re 11/ 5 Reehling, Mrs. Ruth H., clerk, salary increased Regional research program, employment of someone to assist 6/29 in direction of Reil, Katharyne P., junior economist, salary increased 1/4 Rice, Violet M., stenographer, transferred from Division of 11/10 Examinations, with no change in salary Richards, Helen L., clerk-typist, appointment on temporary 10/26 basis and salary approved Robinson, Roland I., Senior Economist, increase in salary 6/i approved Rogers, Edward D., messenger, resignation accepted, mili6/16 tary benefit to be paid Rose, Cornelia B., Jr., (Mrs. Laszlo Ecker-Racz), Associate Economist, appointment on temporary basis for 6/15 indefinite period and salary approved Saher, Edward V., Economic Specialist, appointment on temporary basis and salary approved, subject to 10/ 6 satisfactory report from FBI Sahm, Grace R., draftsman, salary increased 1/26 Sassani, Mrs. Virginia P., clerk, appointment on temporary 11/ 5 basis and salary approved Schiller, Lillian H., stenographer, transferred from Divi9/ 1 sion of Examinations 10/16 Salary increased Schultz, T. III., to be offered position as assistant director for regional research program, if willing 7/ 2 to accept Appointment for temporary period of not to exceed two 7/27 months and salary approved Survey of research activities at eight FRBanks, revised report to be given to Presidents and 10/18 Chairmen of FRBanks Report of survey of research activities of FRSystem, 10/19 copy given to Presidents To participate in program of Conference of Chairmen on 10/19 November 8, letter giving information re Scott, Mrs. Mavis N., clerk-stenographer, salary increased 2/15 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1476 62 313 1299 1099 1642 974 14 1660 1559 828 896 889 1465 145 1640 1267 1515 1004 1108 1521 1528 1532 251 305 Pages hart Of Board of Governors: (Continued) ision of Research and Statistics: (Continued) Seligman, Harold, junior economist, appointment and salary approved, subject to release from employment by Treasury Sette, Mrs. Elizabeth B., economic assistant, salary increased Shaffer, Ella M., clerk-stenographer, appointment on temporary basis and salary approved Sherrill, Mrs. Vera M., library aid, transferred from Secretary's Office Shupe, Mrs. Cora Jean, library assistant, salary increased Simms, Mary Margaret, clerk-stenographer, appointment and salary approved Simpson, Paul, junior economist, deferment, question of, statement of duties compiled by Messrs. Goldenweiser and Thomas Statement that he mould appeal case if deferred from military service on occupational grounds Deferment of six months asked by Board, release from employment refused of absence without pay to enter U. S. leave Granted Reserve Naval amith, Jesse D., messenger, increase in salary approved Granted leave of absence without pay to enter U. S. Army, and also annual leave of 17 days Reemployment after discharge from United States Army, with no change in salary, approved Spearman, Louise L., clerk, appointment on temporary basis for indefinite period and salary approved Resignation accepted Stark, Walter R., Assistant Director: Appointment extended for one year with no change in salary Letter of appreciation for services with Board Resignation accepted Stettner, Walter F., Associate Economist, appointment on temporary basis and salary approved, services to be terminated if FBI report unsatisfactory tm Stevens, Mrs. Dorothy C., clerk-stenographer, appointment on temporary basis and salary approved Stewart, Mrs. Maxine G., economic assistant, resignation accepted Strickler, Betty J., clerk-stenographer, resignation accepted Sutherland, Alvern H., assistant librarian, salary increased Nindlehurst, Alice, clerk, salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/10 1180 10/12 1492 11/25 1742 11/24 1739 1/12 62 11/25 1742 3/15 368 3/16 381 3/20 416 4/10 554 7/31 1136 9/ 6 1290 11/ 4 1635 7/31 1135 10/ 8 1484 2/15 250 11/ 5 1642 11/ 3 1623 5 1:839 29 9/1 6 3/ 2 336 6/25 1/12 2/15 938 62 251 306 Pages Starr tl,of Board of Governors: (Continued) 'vision of Research and Statistics: (Continued) Tamagna, Frank, FRBank of New York, to spend one day a week working on Military Government Handbook project, Board to pay per diem allowance and one-third of traveling expenses, Board of Economic Warfare to pay other two-thirds To supervise work of Mr. Yang on Military Government Handbook Tapp, Mrs. Polly A., clerk, appointment on temporary basis and salary approved Resignation accepted TaYlor, Alice M., clerk, salary increased Tejada, Jorge, of Bolivia, to be employed by Board and FRBank of St. Louis for period of not to exceed six months To be employed under auspices of Coordinator of InterAmerican Affairs Appointment on temporary basis and salary approved Extension of appointment, no change in present salary and to be nonmember of retirement system Referred to as example of training program for Latin Americans Thomas, Woodlief, Assistant Director: Designated to take charge of preparation of financial material for peace conference Increase in salary approved, and changes in duties noted Memo on deposits for computing reserve requirements, suggested changes in urvey of ownership of deposits, correspondence re to be addressed to To represent Board on inter-agency committee of Bureau of the Budget Thomasson, Mrs. Berniece B., junior economist, appointment and salary approved Appointment made at increased salary because of previous status approved Thorne, Wendell E., Associate Economist, increase in salary approved esoott, Charles G., library aid, salary increased Granted leave of absence without pay to enter United States Navy TI‘iffin, Robert A.: Cash advances in connection with South America trip approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 03 a 17 5 13:: 9 4/1 8/23 1231 12/ 4 1809 11/ 5 1642 3/30 110/ 461 11a7 11/30 1790 12/28 1991 7/24 1098 12/15 1917 S 4 7/10 3 15 0:: 12/18 1945 10/28 1567 11/ 3 1623 6/ 1 1/12 11/ 828 62 1636 8/17 1208 307 Pages hart Ofr Board of Governors: (Continued) 14.1r4 v-laon of Research and Statistics: (Continued) Triffin, Robert A.: (Continued) Member of mission to Honduras in connection with es5/19 tablishment of central bank 734 to Paraguayan Government, monetary and banking project, 5/27 792 participate in Paraguayan mission, authorized as member of and also to make brief visits to Colombia, Argentina, and 8/ 5 1160 Uruguay 5/29 805 Reference to service as member to mission to Honduras 11/24 1731 Report on trip to South American countries Voucher approved to cover travel expenses of trip to South America 1V/27 lg Trueblood, Lorman C., junior economist, salary increased Valentine, Mrs. Franc S., clerk-stenographer, reappointed 2/13 232 and salary approved 5/ 1 653 . Resignation accepted 17,Incent, Helen, clerk, salary increased 11/ 5 1642 14ialz, Hazel A., library assistant, appointment and salary 12/10 1842 approved Warner, Mrs. Doris Plass, junior economist, salary in10/12 1492 creased Weaver, Mrs. Mary F., clerk, appointment on temporary basis 3/18 404 and salary approved . Salary increased 10/12 1492 Welssberg, Belle, clerk, appointment and salary approved 4/16 595 10/12 1492 Salary increased llliams, Kenneth, Senior Economist, deferment from military 4/20 610 service, Committee to make request for Williams, Mrs. Lois, secretary to Mr. Thomas, granted leave of absence without pay because of illness, contributions to retirement system to be continued 10/29 1574 , Resignation accepted1786 1: //2 29 2 Ylilliamson, Mrs. Bishop, clerk-stenographer, appointment approved and salary al 1394 ilanchell, Mrs. Willo, clerk, appointment made permanent and 8/16 1205 salary increased regain her pay, to without absence Granted leave of 12/ 7 1824 health Wo Ramsay, Junior Economist, salary increased , Salary increased 8 31 /26 8 121/g 4 "Oster, Julia L., Junior Economist, appointment and salary 3/26 436 approved ItIrl-ght, • Mrs. Dorothy M., clerk-stenographer, appointment 5/15 720 and salary approved 7/30 1131 Resignation accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 308 Pages Statt 0,(4. Board of Governors: (Continued) on of Research and Statistics: (Continued) Yang, S. T., employment to translate Japanese articles for Military Government Handbook and expenditure approved Y°ung, Ralph, conferences on employment to direct regional research program, unable to complete arrangements Youngdahl, C. Richard, Associate Economist, appointment and salary approved 81.on of Security Loans: Blattner, George W., Special Assistant, extension of temporary appointment approved B miranic, Otto H., messenger, increase in salary approved 'rown, Bonnar, Administrative Assistant, salary increase approved ,ehn, Ruth L., stenographer, salary increased uembitz, Lewis N., letter to Board of Economic Warfare that resignation will be accepted to enter service on staff of Enemy Branch in American Embassy in London „ Resignation accepted Catherine A., Economic Assistant, increase in salary approved Alice, stenographer, transferred to Division of Research and Statistics as clerk-stenographer with no change in salary (PHare, Florence C., Secretary to Mr. Parry, increase in salary approved Par, Carl E., memo on changes in margin requirements under Regulations T and U Schmidt, Catherine L., secretary, salary increased onlith, Theodore H., Special Assistant, appointment and salary approved Tabulation showing ratios of licensees, investigations, ttric. and violations of Regulation W, prepared by lencY expert, suggestion that operating research officer work out of Board's offices with planning departments of FRBanks 4eliatcly. -. operators: 40rook8, Mrs. Rae M., appointment on temporary basis and salary approved Salary increased rawford, Gweneth, appointment on temporary basis and salary approved Transferred to position of telephone operator, increase in salary approved 9 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/15 1354 7/ 2 1004 3/ 6 347 3/ 1 7/ 1 321 996 4/ 7 535 10/16 1515 1/16 1/29 87 159 7/ 1 996 2/ 6 194 7/ 1 996 3/15 372 11/ 4 1636 4/ 9 544 6/29 976 1/26 139 / /27 1g3c 1/22 108 6/ 1 828 309 Pages Start .0,o1 Board of Governors: (Continued) 4.4-Eniator operators: (Continued) Deakins, Thomas R., transferred from elevator operator on temporary basis for indefinite period as guard 6/10 869 and increase in salary approved indefinite Dixon, Peggy, appointment on temporary basis for period and salary approved, services to be ter6/10 870 minated if references unsatisfactory basis Eichelberger, Mrs. Agnes, appointment on temporary 11/20 1717 and salary approved 1/29 158 Hurst, Donald, salary increased and Meader, Mrs. Madelyn A., appointment on temporary basis 5/31 816 salary approved salbasis and Morris, Mrs. Ruth, appointment on temporary 6/25 937 ary approved and Norden, Leonard A., appointment on temporary basis 10/ 6 1466 salary approved Pearson, Nannie, appointment on temporary basis and salary 1/ 1 2 approved 7/29 1123 Increase in salary approved Phillips, Donal H., resignation accepted 1/20 98 °Yeee, payment of overtime or additional compensation in accordance with War Overtime Pay Act of 1943, with exception of any employee receiving basic 5/ 6 670 rate in excess of $10,000 4111%ees committee, statement to be presented at meeting with 9/10 1320 Board's Personnel Committee IDerts to assist in studies of financial situation, services 6/17 903 to be obtained %arc ' s: Annual leave, war time regulations re current and accumulated 8ecke, Herbert E., appointed on temporary basis and salary approved Increase in salary approved Carmen, John C., salary increase approved Resignation accepted, deduction to be made for unearned sick leave 00k, Thomas G., resignation accepted 'eakins, Thomas R., transferred from elevator operator on temporary basis for indefinite period and increase in salary approved Derrick, Daniel, salary increase approved Resignation accepted, deduction to be made from salary for unearned annual leave -I-, E. M., salary increase approved 11 auser, Adam V., salary increase approved gorrigan, John F., salary increase approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/22 1082 2/ 2 6/15 3/31 178 890 479 5/22 3/16 749 388 6/10 3/31 869 479 4/29 3/31 3/31 3/31 642 479 479 479 310 Pages hart Of Board of Governors: (Continued) liarcis: (Continued) Horrigan, John F.: (Continued) 7/29 1123 Increase in salary approved HYde, William, Senior Guard, salary increase during temporary appointment approved 3/31 479 Moffett, Bruce L., salary increase approved 3/31 479 8/27 1249 Salary increased MYers, Clifford B., salary increase approved 3/31 479 Nichols, Charles R., salary increase approved 3/31 479 Parquette, Fred, salary increase approved 3/31 479 Shorter, Howard A., appointment on temporary basis and sal3/27 439 ary approved 8/27 1250 Resignation accepted Snouffer, Paul, salary increase approved 3/31 479 6/15 890 Increase in salary approved 3/31 479 Steger, Karl J., salary increase approved 5/31 817 Increase in salary approved Stull, Howard W., Sr., appointment on temporary basis and 5/1 653 salary approved 11/13 1680 Salary increased Sullivan, David, Senior Guard, salary increase during temporary appointment approved 3/31 479 2/2 178 Taylor, Franklin, transfer from guard to supply clerk ka Unger, Bruce M., senior guard, salary increased 11/13 1680 r8 of work, 48-hour week, overtime and supplemental compensation for, to be continued on same basis as effect April 30, 1943 664 in 5/5 Lkkorers: Annual leave, war time regulations re current and accumulated t(e_ ernity leave, modification of Board's policy re "engers: Berry, Benjamin D., salary increased Transfer from Division of Examinations to Secretary's Office as junior mail clerk Branic, Otto H., Division of Security Loans, increase in salary approved C°11ins, Wesley B., Division of Bank Operations, increase in salary approved r)ay, William S., appointment on temporary basis and salary approved D Resignation accepted rake, William H., increase in salary approved Transferred to Division of Examinations from Office of Mr. Draper DYson, Seaton, to be retained in active service on temporary basis for further period not to exceed one year http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/22 1082 7/27 1109 2/9 203 3/18 404 7/1 996 7/1 996 4/1 484 8/21 1226 7/31 1136 9/ 1 1267 11/12 1669 311 Pages kart u 041 Board of Governors: (Continued) ' eseengers: (Continued) Hamilton, James F., in Office of Mr. Evans, increase in salary approved 5/11 Hunley, John H., granted leave with pay on account of illness 2/27 Leave of absence with pay, on account of illness, extended and not to be charged against future 3/30 leave Sick leave, advances treated as one period, liquidation 9/ 3 to be waived Jamison, Michael L., transferred on temporary basis from Secretary's Office to Office of Mr. Draper, and 9/ 1 salary increased Johnson, Gordon P., increase in salary approved 7/31 Lane, Daniel F., in Office of Mr. Szymczak, increase in salary approved 5/11 Marlowe, Ernest, in Division of Research and Statistics, 6/19 transferred from Board Members' Section 7/31 Increase in salary approved Ilewton, James H., increase in salary approved 7/31 ?inn, William E., appointment in office of War Loans Committee and salary approved 1/22 Increase in salary approved 7/1 Per, Robert L., salary increased 2/9 11°gers, Edward D., Division of Research and Statistics, resignation accepted to enter military service, military benefit to be paid 6/16 Scott, Julian R., salary increased 1/29 , Resignation accepted 10/11 omith, Jesse D., increase in salary approved 7/31 Granted leave of absence without pay to enter U. S. Army, and also annual leave of 17 days 9/ 6 Reemployment after discharge from United States Army, with no change in salary, approved 11/ 4 41.44'nington, Sidney, increase in salary approved 7/31 'arY benefit for temporary and indefinite employees, in employ of Board nine or more consecutive months, payments to be made to those who leave after June 12 6/16 eMployees, report sent to President's Committee on Fair Nurses: Employment Practice 12/10 Braden, Mrs. Helen, substitute nurse, loaned to Office for Emergency Management for month of September on reimbursable basis http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 697 315 473 1276 1268 1136 697 911 1136 1136 108 996 203 896 158 1486 1136 1290 1635 1136 895 1843 8/30 1255 312 Pages NIT Of Board of Governors: (Continued) "urses: (Continued) Braden, Mrs. Helen: (Continued) Detail to Office for Emergency Management extended for period October 1-6 Detail to Office for Emergency Management for short period authorized Appointed nurse on temporary basis and salary approved Of • of the Chairman: flee Clayton, Lawrence, assistant to the Chairman, appointed as member of Committee on Deferment of Board Employees Committee on collection charges on out-of-town checks, member of Godwin, Julia B., secretary to Mr. Clayton, resignation accepted Johnson, Gordon P., messenger, increase in salary approved Thurston, Elliott M.: Stabilization fund, memo to be prepared for use by Chairman Eccles in meeting with Secretary of Treasury Survey of research activities of FRBanks prepared by Mr. Schultz to be rewritten by To attend small meetings of executive officers in Cleveland district 0 • fflce of Mr. Draper: Drake, William H., messenger, increase in salary approved Transferred to Division of Examinations Jamison, Michael L., messenger, transferred on temporary basis from Secretary's Office, and salary increased Pauszek, Mrs. Margaret C., stenographer, increase in salary approved Rauber, Margaret E., secretary, granted leave of absence without pay for period not to exceed 30 days to take care of emergency matters, contributions to retirement system to be continued Or • floe of Mr. Evans: Hamilton, James F., messenger, increase in salary approved orrYlestman, Elsie M., secretary, increase in salary approved lee of Mr. McKee: Hoffman, Dorothy B., stenographer, increase in salary approved Massey, E. Ralph, secretary, increase in salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 10/ 6 1466 10/19 1530 10/26 1558 3/15 370 5/12 708 12/30 2013 7/31 1136 2/11 225 10/18 1521 11/30 1797 7/31 1136 9/ 1 1267 9/ 1 1268 7/16 1062 10/25 1549 5/11 697 7/27 1115 7/16 1065 7/16 1065 313 Pages Staff ',of Board of Governors: (Continued) 'face of Mr. Ransom: Schaffner, Edith L., stenographer, increase in salary approved Resignation accepted, reimbursement for unearned annual leave waived p ,Washington, Sidney, messenger, increase in salary approved D 'flee of Mr. Szymczak: Blake, Beulah B., stenographer, resignation accepted Bornholdt, Beulah B., stenographer, appointment and salary approved Johnson, Dorothy R., stenographer, salary increased Salary increased Promoted to secretary from position of stenographer, with no change in salary Lane, Daniel F., messenger, increase in salary approved Parkhill, Ferne M., stenographer, appointment and salary approved Stone, A. M., transferred from Division of Personnel Administration, no change in salary Transferred to Counsel's Office as clerk-stenographer, with adjustment in salary 0 • fricers receiving salaries in excess of $4,500, applicability of bill to staff discussed by Mr. Dreibelbis OIT• ertlime compensation, payment of overtime or additional compensation in accordance with War Overtime Pay Act of 1943, with exception of any employee receiving basic rate in excess of $10,000 Pe-ges: Bare, Edith, appointment on temporary basis and salary approved, to be terminated if references unfavorable . Salary increased Bird, James, Secretary's Office, resignation accepted Bowes, Mrs. Ruth Callison, resignation accepted Appointment on temporary basis and salary approved Salary increased Callison, Ruth, appointment on temporary basis and salary approved Caughron, Jean, appointment on temporary basis and salary approved Salary increased Conlen, Joan E., transferred to Division of Research and Statistics as clerk with no change in salary Gellogg, Carl J., Jr., resignation accepted Jones, Betty C., appointment on temporary basis and salary approved McLeod, L. Paige, resignation accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/23 617 8/ 2 1142 7/31 1136 9/ 6 1291 1/1 2 1/12 62 9/13 1336 12/ 8 1829 5/11 697 12/ 8 1829 4/23 616 12/ 8 1828 2/11 219 5/6 670 3/19 407 10/28 1568 3/16 388 9/ 6 1291 10/ 2 1453 10/28 1568 2/27 313 2/27 313 10/28 1568 1/13 2/ 1 74 173 2/ 1 2/9 178 203 314 Pages haV. ;Of Board of Governors: (Continued) ages: (Continued) Myers, Anna Mae, appointment on temporary basis and salary approved Salary increased Rohrer, Mrs. Josephine, appointment on temporary basis and salary approved Resignation accepted Scott, Kay E., appointment on temporary basis and salary approved Sherrill, Vera M., increase in salary approved Salary increased Transferred to Division of Research and Statistics as library aid "PeY-As-You-Gon income tax law, Board to furnish employees Withholding Exemption Certificate and to withhold proportion of salaries, effective July 1 • P-1.11,vsa.cians: O'Keeffe, Dr. James A., appointment as alternate examining physician Presidents' Conference committees, assignment of associates of, list referred to Chairman Eccles for action on , Question of appointment of members of staff of Board on Bell, J. B., laborer, termination of services Betz, Robert E., laborer, termination of services England, Elizabeth, cafeteria helper, termination of services Figures for last five years, letter to Civil Service Commission Kessel, Betty, cafeteria helper, termination of services Penington, James, cafeteria helper, termination of services Re,..111athen, Alice, cafeteria helper, termination of services 61rement System: Draft of proposal for benefits equivalent to those of Civil Service Retirement System 841 Proposed plan, options under 4ries of employees in lower-salary groups, review suggested by Mr. McKee Se eretary's Office: Adams, Robert B., laborer, appointment on temporary basis and salary approved Allred, Frances K., junior file clerk, appointment on temporary basis and salary approved Appointment made permanent and salary increased Andrews, Ruby S., junior file clerk, salary increase approved Salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/25 781 10/28 1568 9/20 1385 9/29 1440 1/12 61 642 4/29 10/28 1568 11/24 1739 6/24 927 8/17 1207 11/16 12/15 1702 1909 11/23 1727 11/12 1670 11/29 1786 7/13 11/29 8/12 11/29 1047 1786 1197 1786 5/8 5/8 683 684 7/ 2 1002 9/15 1349 3/10 354 7/16 1062 3/27 440 10/12 1493 315 Pages Staff ',Of Board of Governors: (Continued) ueeretary's Office: (Continued) Ares, Cyril Edward, kitchen helper, appointment on temporary basis and salary approved Resignation accepted Baird, Mrs. Rebecca, kitchen helper, appointment on temporary basis and salary approved Baird, Richard, appointment on temporary basis and salary approved Baker, Seburn E., Senior Operator, duplicating devices, salary increased Ball, L. L., Assistant Supervisor, Telegraph Office, increase in salary approved Bardales, Mrs. Alice, charwoman, resignation accepted Bare, Edith, page, appointment on temporary basis and salary approved, to be terminated if references unfavorable Salary increased Barnes, Bricen, laborer, appointment on temporary basis and salary approved Barrs, Wilma E.; junior file clerk, appointment on temporary basis and salary approved Bass, Sampson H., Supervisor in Accounting Section, salary increase approved Bates, Annie Helen, kitchen helper, appointment on temporary basis and salary approved Bates, Thomas, kitchen helper, appointment on temporary basi and salary approved Beach, Ida Y., charwoman, salary increased Beale, Loretta D., junior file clerk, increase in salary approved E., guard, appointment on temporary basis Herbert Becke, and salary approved Increase in salary approved Bell, J. B., laborer, appointment on temporary basis and salary approved Termination of services Bell, J. Frank, chauffeur, salary increased Salary increase approved Bell, Robert H., Operator (Duplicating Devices), increase in salary approved Resignation accepted Belt, J. W., Acting Building Manager, present designation to be continued on temporary basis with no change in salary Resignation accepted Berntson Paul H. clerk, salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/4 3/5 341 345 2/1 169 2/1 169 1/29 158 5/31 817 7/ 3 1010 3/19 407 10/28 1568 11/11 1662 11/ 5 1640 2/27 314 3/5 345 2/1 169 10/12 1493 5/27 792 2/2 6/15 178 890 10/14 1507 11/23 1727 3/1 321 9/25 1423 5/31 817 10/29 1574 1/11 57 12/17 1926 12/22 1956 316 Pages haff ,Of Board of Governors: (Continued) "ecretary,s Office: (Continued) Berry, Benjamin D., junior mail clerk, transferred from Division of Examinations, no change in salary Increase in salary approved Berry, Marjorie V., junior file clerk, appointment on temporary basis and salary approved, services to be terminated if references unsatisfactory Appointment made permanent, with no change in salary Salary increased Bertolini, Madalena, charwoman, salary increased Betz, Robert E., laborer, appointment on temporary basis and salary approved Termination of services Bird, James, page, resignation accepted Bissett, Alvin, cook, appointment on temporary basis and salary approved Blash, John, painter, increase in salary approved, while serving in present capacity Bocuilis, Adela, stenographer, transferred to Accounting Section as clerk on temporary basis with increase in salary approved Salary increased Boothe, John Woodley, General Mechanic, increase in salary approved, while serving in present capacity Dawes, Mrs. Ruth Callison, page, resignation accepted Appointment on temporary basis and salary approved Salary increased Breeden, Virginia C., junior file clerk, salary increase approved Salary increased Brooks, Mrs. Rae M., elevator operator, appointment on temporary basis and salary approved Salary increased Brown, Mrs. Elma, kitchen helper, appointment on temporary basis and salary approved Buchanan, Mrs. Betty L., junior file clerk, appointment on temporary basis and salary approved Appointment made permanent and salary increased Resignation accepted Byers, George, kitchen helper, permanent appointment and salary approved Resignation accepted Cafeteria employees: Intermittent employees, authority to Secretary's Office to place on pay roll on hourly basis when necessary http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/18 404 7/29 1123 6/10 1P5?,, 10/12 1492 10/12 1493 10/26 1559 11/12 1670 3/16 388 2/ 1 169 6/15 890 4/27 628 10/28 1568 890 6/15 9/ 6 1291 10/ 2 1453 10/28 1568 439 3/27 10/12 1492 3/ 1 320 1249 8/27 2/ 1 169 3/10 354 7/16 1062 8/20 1220 2/ 1 2/ 8 169 198 2/ 1 170 317 Pages haf. of Board of Governors: (Continued) ecretary's Office: (Continued) Cafeteria employees: (Continued) Secretary's Office authorized to place on Board's payroll Callison, Ruth, page, appointment on temporary basis and salary approved (See also Bowes, Ruth Callison) Campbell, Frances E. C., junior file clerk, appointment on temporary basis and salary approved Increase in salary approved, temporary appointment to be made permanent Resignation accepted, deduction to be made for unearned annual leave Carmen, John C., guard, salary increase approved Resignation accepted, deduction to be made for unearned sick leave Carmichael, Elizabeth L., printing clerk, increase in salary approved Salary increased Caughron, Jean, page, appointment on temporary basis and salary approved Salary increased Coe, Madison P., senior index clerk, salary increased Oonlen, Joan E., page, transferred to Division of Research and Statistics as clerk with no change in salary Conley, Helen G., stenographer, salary increased Connell, Frank, kitchen helper, appointment on temporary basis and salary approved Resignation accepted Constable, Frank W., junior operator (duplicating devices), salary increase approved Salary increase approved Cooke, Clara Ray, charwoman, salary increased Cook, Thomas G., guard, resignation accepted Corbin, Sarah F., charwoman, salary increased Corcoran, Mrs. Ruby C., junior file clerk, appointed on temporary basis and salary approved Appointment on permanent basis and salary increased Salary increased Craig, Mrs. Chlora E., kitchen helper, appointed on temporary basis and salary approved Crawford, Gweneth, elevator operator, appointment on temporary basis and salary approved Transferred from position of elevator operator, increase in salary approved Salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/1 170 2/27 313 2/1 171 5/27 791 10/28 1569 3/31 479 5/22 749 3/1 321 10/28 1568 2/27 313 10/28 1568 8/16 1205 1/13 74 10/16 1514 2/1 2/12 169 3/16 9/25 387 1423 228 10/12 1493 3/16 388 10/12 1493 1/27 149 3/27 439 10/12 1492 2/22 287 1/22 108 6/i 828 11/26 1749 318 Pages hart Of Board of Governors: (Continued) ecretary's Office: (Continued) Crawford, Mrs. Mary, head cook, permanent appointment and 2/1 salary approved increase Devices), Crump, Allison M., Operator (Duplicating 5/31 in salary approved United enter to pay Granted leave of absence without 12/14 States Navy on appointment helper, Cumberledge, Mrs. Mary Jane, kitchen 3/5 temporary basis and salary approved temon appointment charwoman, Dalton, Mrs. Margaret E., 10/11 porary basis and salary approved 12/ 8 Appointment made permanent temon appointment clerk, file junior Damon, Mrs. Exa V., 1/18 porary basis approved Davey, Beverly J., stenographer, appointment and salary ap10/12 proved salary and appointment stenographer, L., Davidson, Geraldine approved, services to be terminated if refer5/3 ences unsatisfactory 10/28 Salary increased Davis, Marilyn J., junior file clerk, appointed on tempo2/1 rary basis and salary approved appointment temporary and approved, Increase in salary 5/27 to be made permanent operaelevator from transferred guard, R., Deakins, Thomas tor on temporary basis for indefinite period 6/10 and increase in salary approved DeLong, Marie, kitchen helper, appointment on temporary 2/8 basis and salary approved DeLucien, David, kitchen helper, appointed on temporary 2/16 basis and salary approved 2/20 Resignation accepted 3/31 Derrick, Daniel, guard, salary increase approved Resignation accepted, deduction to be made from salary 4/29 for unearned annual leave Deskin, Mrs. Attie L., charwoman, appointment on temporary basis for indefinite period and salary ap7/20 proved 1/29 Deuterman, Mary A., clerk, salary increased DeWitt, Florence B., junior file clerk, appointment on tem2/1 porary basis and salary approved 3/31 Dial, E. M., guard, salary increase approved resManager, Dickerson, Claude A., Jr., clerk to Building 2/1 ignation accepted temporary on appointment Dixon, Peggy, elevator operator, basis for indefinite period and salary approved, services to be terminated if references unsatis6/Io factory http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 169 817 1890 345 1486 1830 91 1491 656 1568 171 792 869 197 256 276 479 642 1074 158 171 479 173 870 319 Pages harp of Board of Governors: (Continued) ecretary's Office: (Continued) Dodge, Mrs. Cecile L., junior file clerk, appointed on 1/27 temporary basis and salary approved Extension of appointment with no change in salary ap11/ 3 proved 12/31 Resignation accepted Dodge, Mary Mae, junior file clerk, increase in salary ap5/27 proved 1/26 Douglas, Mrs. Louise B., stenographer, resignation accepted Dove, Mrs. Grace K., Assistant Supervisor of Files Section, granted one month's leave of absence without 11/15 pay because of illness 12/21 Extension of leave without pay through December 31 Dunlap, Mrs. Olga, kitchen helper, appointment on temporary 2/4 basis and salary approved DYson, Nelson S., junior operator, duplicating devices, 1/29 salary increased DYson, Seaton, messenger, to be retained in active service on temporary basis for further period not to ex11/12 ceed one year Eggemeyer, Virginia, junior file clerk, appointment on tem6/30 porary basis and salary approved Eichelberger, Mrs. Agnes, elevator operator, appointment on 11/20 temporary basis and salary approved 8/28 Ellis, Mrs. Maude, charwoman, resignation accepted Emery, Kenneth G., supply clerk, granted leave of absence 2/1 without pay to enter duty with Army Air Corps Enrico, Mary J., charwoman, salary increased 10/12 Faber, Philip D., laborer, granted leave of absence without 3/2 pay to enter active duty with U. S. Army Farrow, Mrs. Sallie K., kitchen helper, appointed on tempo2/22 rary basis and salary approved Fisher, Mrs. Lillian, kitchen helper, appointed on tempo2/15 rary basis and salary approved 2/19 Resignation accepted Fletcher, Wilson T., Operator (Duplicating Devices), increase in salary approved 4/29 Florence, Mrs. Frances B., stenographer, appointment and salary approved 1/4 7/29 Increase in salary approved 10/16 Salary increased Fowler, Preston E., laborer, appointment on temporary basis 11/13 and salary approved Garrison, Mrs. Mary, kitchen helper, appointment on tempo2/1 rary basis and salary approved 2/1 Gellogg, Carl J., Jr., page, resignation accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 149 1623 2021 792 144 1694 1948 185 158 1669 991 1717 1252 172 1493 336 287 250 271 642 13 1123 1514 1679 169 173 320 Pages 8 att, ,Of Board of Governors: (Continued) 'ecretary's Office: (Continued) Gill, Mrs. Katie, kitchen helper, appointment and salary 2/ 1 on temporary basis approved Glover, Mrs. Gladys, stenographer, appointment and salary 1/27 approved apIncrease in salary as Secretary to Mr. Carpenter 5/31 proved 10/28 Salary increased Goodloe, Ida, Supervisor, Stenographic Section, increase in 5/31 salary approved inGriffith, Flora J., Chief Telephone Operator, salary 1/29 creased temporary on Grimsley, Pearl, kitchen helper, appointed 2/12 basis and salary approved 2/ 8 accepted Haislip, Vivian, file clerk, resignation salary in increase Haltigan, Helen A., junior file clerk, 5/27 approved AmeriSouth with Hammond, Bray, cash advances in connection 8/17 can trip approved and also of, Paraguayan Mission, authorized as member to make brief visits to Colombia, Argentina, 8/ 5 and Uruguay 11/24 countries Report on trip to South American 3/30 To direct program for bankers' mission from Uruguay to trip of expenses travel Voucher approved to cover 12/ 2 South America apincrease salary clerk, Hatch, Cora Lee, junior file 3/27 proved 10/12 Salary increased 3/31 Hauser, Adam V., guard, salary increase approved on and salary appointment helper, Hayden, James, kitchen 2/ 1 temporary basis approved acresignation clerk, file junior D., Heiner, Mrs. Maria cepted, without deduction for overdrawn sick 12/11 leave appointment permanent helper, kitchen Hensen, Mrs. Myrtle, 2/ 1 and salary approved appointment permanent helper, kitchen Violet, Herrmann, Mrs. 2/ 1 and salary approved insalary enographer, clerk-st L., Margaret Higdon, Mrs. 8/27 creased temon appointment clerk, file junior K., Holden, Meunice porary basis and salary approved 10/12 made permanent and salary increased salHorning, Mrs. Dorothy J., stenographer, appointment and ary approved, services to be terminated at once 4/ 7 if references prove unsatisfactory 10/16 Salary increased 12/28 Resignation accepted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 169 149 817 1568 817 158 228 198 792 1208 1160 1731 462 1803 440 1492 479 169 1854 169 169 1249 19 492Apointme 534 1514 1995 321 Pages Start Of Board of Governors: (Continued) 1.) retary's Office: (Continued) Horrigan, John F., guard, salary increase approved Increase in salary approved Huffman, Margaret C., stenographer, appointment and salary approved Hulen, Helen L., clerk, appointment on temporary basis and salary approved Hunter, Beatrice, file clerk, increase in salary approved Hurst, Donald, elevator operator, salary increased Increase in salary approved Hutchison, Mrs. Annie Mae, kitchen helper, appointment on temporary basis and salary approved Resignation accepted Hyde, William, Senior Guard, salary increase during temporary appointment approved Imhoff, Mrs. Anna, cook, permanent appointment and salary approved Jackson, Howard, laborer, appointment on temporary basis and salary approved Jamison, Michael L., laborer, increase in salary approved Transferred on temporary basis to Office of Mr. Draper as messenger, and salary increased Johnson, Claiborne C., mail clerk, granted leave of absence without pay to enter active duty with U. S. Army Johnson, Elizabeth A., junior file clerk, appointment on temporary basis and salary approved Jones, Betty C., page, appointment on temporary basis and salary approved Jones, Francis E., laborer, appointment on temporary basis and salary approved Salary increased Jones, M. Elizabeth, junior file clerk, salary increase approved Salary increased Jones, Mrs. Pearl, cook, permanent appointment and salary approved Jones, Robert H., junior mail clerk, increase in salary approved Granted leave of absence without pay to enter United States Navy Jordan, E. P., operating engineer in Building Operation and Maintenance Section, appointment on temporary basis for indefinite period and salary, approved Salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/31 479 7/29 1123 12/30 2013 12/11 1853 5/27 792 1/29 158 5/31 817 3/1 3/4 320 341 3/31 479 2/1 169 9/25 1423 7/29 1123 9/ 1 1268 3/12 364 7/13 1046 2/2 178 4/7 534 10/28 1568 3/27 440 10/12 1493 2/1 169 7/29 1123 12/ 1 1800 5/8 685 10/28 1568 322 Pages Stet Board of Governors: (Continued) Qecretary's Office: (Continued) Kelleher, Joseph E., Supervisor, Procurement Section, and Supervisor, Duplicating and Mails, increase in salary approved Kern, Harry E., clerk, increase in salary approved Kidwell, P. Warren, junior operator, duplicating devices, resignation accepted Kieffer, Alden J., apprentice operating engineer, resignation accepted, deduction to be made for overdrawn sick leave Kielkopf, Mary E., junior file clerk, appointment on temporary basis and salary approved Resignation accepted Kiley, John N., Jr., transferred to Division of Examinations as assistant FRExaminer Kline, William A., printing clerk in Correspondence and Publications Section, reinstated for not over ninety days while on inactive duty in Army Granted leave of absence without pay to enter active duty in U. S. Army Air Corps Reserve Reinstated for period not to exceed 90 days while on inactive duty in Army Appointment made permanent, with no change in salary Kramer, Fannie A., clerk-stenographer, increase in salary approved Transferred to Accounting Section as accounting clerk on temporary basis with increase in salary, approved Krieger, D. Jeanne, general assistant in Correspondence and Publications Section, salary increase approved Leake, Mrs. Mamie A., kitchen helper, appointed on temporary basis and salary approved Separated from service Lee, Solomon L., laborer, appointment on temporary basis and salary approved Lerch, Mrs. Lillie B., junior file clerk, appointed on temporary basis and salary approved Appointment on permanent basis and salary increased Salary increased Lewis, Mrs. Nola, kitchen helper, appointment and salary approved . Resignation accepted Llpscomb, Martha A., junior file clerk, appointment on temporary basis and salary approved Love, Stanley M., laborer, increase in salary approved Resignation accepted 0 4 0f http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/31 4/29 817 642 2/ 5 190 11/ 2 1607 6/19 910 9/ 4 1280 1/27 150 1/22 108 3/ 4 341 7/10 1037 10/ 7 1477 3/ 1 321 4/27 628 9/29 1440 2/22 2/25 287 300 10/26 1559 33-/ /7 4 1g i 10/12 1492 2/16 2/20 256 276 7/13 1046 5/31 817 9/30 1442 323 Pages hart Of Board of Governors: (Continued) Secretaryls Office: (Continued) MacDowell, M. DuBose, clerk in Correspondence and Publications Section, granted leave of absence without 6/25 pay to enter United States Naval Reserve Mackey, Alice M., junior file clerk, salary increase ap3/27 proved 4/15 Resignation accepted 8/27 Macklin, James, laborer, salary increased 5/27 Maize, Margery D., file clerk, increase in salary approved 9 8/ Mann, Mrs. Sadie M., appointment and salary approved 11/11 Resignation accepted 10/28 March, G. L., telegraph operator, salary increased 8/ 7 Mayberry, H. F., chauffeur, resignation accepted 8/27 Mayhew, Morris, gardener, salary increased McAllister, Emily A., junior file clerk, increase in salary 5/27 approved McCue, Madeline E., junior file clerk, appointment on tem1/18 porary basis approved 1/29 Resignation accepted McGough, Dorothy, stenographer, appointment and salary ap10/12 proved 12/16 Resignation accepted McHenry, Mrs. Dorothy, cook, permanent appointment and sal2/1 ary approved 2/9 McLeod, L. Paige, resignation accepted as page McVearry, Mrs. Florence, kitchen helper, appointed on tempo2/12 rary basis and salary approved Meader, Mrs. Madelyn A., elevator operator, appointment on 5/31 temporary basis and salary approved Meiser, E. Katharine, clerk-stenographer, increase in salary 6/15 approved Miles, Juanita, kitchen helper, appointment on temporary 2/1 basis and salary approved 2/6 Resignation accepted Miles, Maria D., junior file clerk, salary increase ap3/27 proved (Mrs. Maria D. Heiner), resignation accepted, without 12/11 deduction for overdrawn sick leave Mitchell, Charlotte N., secretary to Mr. Bethea, increase 4/29 in salary approved 7/31 Resignation accepted 10/12 Mclok, Clara, charwoman, salary increased Resignation accepted, without deduction for overdrawn 12/16 sick leave 3/31 Moffett, Bruce L., guard, salary increase approved 8 /27 Salary increased http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 938 440 591 1249 792 1175 1664 1568 1172 1249 792 91 159 1491 1919 169 203 228 816 890 169 194 440 1854 642 1136 1493 1920 479 1249 324 Pages Staff „ of Board of Governors: (Continued) °ecretary's Office: (Continued) Moon, Donald W., clerk, appointment on temporary basis for indefinite period and salary approved, provided references are satisfactory Moore, Garrett B., kitchen helper, appointment on temporary basis and salary approved Moore, Mrs. June A., stenographer, transferred to Division of Personnel Administration, no change in salary Morley, Michael, laborer, salary increased Morrill, Chester, Secretary, appointed as member of Committee on Deferment of Board Employees Morris, Mrs. Ruth, elevator operator, appointment on temporary basis and salary approved Murphy, Royal, marble mason, salary increased Murphy, Mrs. Sarah B., secretary to Mr. Carpenter, granted leave because of approaching confinement Resignation accepted Myers, Anna Mae, page, appointment on temporary basis and salary approved Salary increased Myers, Clifford B., guard, salary increase approved Myers, William, kitchen helper, permanent appointment and salary approved Nelson, F. A., mileage administrator, appointed to reduce mileage of Board cars where possible Salary increased Newquist, Dorothy, clerk, salary increased Nichols, Charles R., guard, salary increase approved Norden, Leonard A., guard, appointment on temporary basis and salary approved Oddsson, Mary Louise, stenographer, increase in salary approved Salary increased Oliver, Mrs. Dorothy, kitchen helper, appointment on temporary basis and salary approved Oros, Susie T., clerk in Accounting Section, increase in salary approved Salary increased Ott, H. M., Supervisor, Telegraph Section, salary increased Parquette, Fred, guard, salary increase approved Pauszek, Mrs. Margaret C., stenographer, transferred to Board Members' Section, no change in salary Payne, Della M., charwoman, appointment on temporary basis and salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/4 839 3/4 340 4/23 616 8/27 1249 3/15 370 6/25 3/1 937 322 4/10 555 12/28 1995 5/25 781 10/28 1568 3/31 479 2/1 169 3/15 375 12/24 1976 1/29 158 3/31 479 10/ 6 1466 4/29 642 10/16 1514 2/1 169 4/27 628 10/28 1568 10/28 1568 3/31 479 3/30 473 11/11 1662 325 Pages hao. .(.1 O.J. Board of Governors: (Continued) Secretary's Office: (Continued) Pearson, Nannie, elevator operator, appointment on temporary basis and salary approved Increase in salary approved Perry, Helen L., junior file clerk, appointed on temporary basis and salary approved Phillips, Donal H., elevator operator, resignation accepted Phillips, Mrs. Grace, appointed Assistant Supervisor, Files Section, and salary increased Poeppel, Edna B., Supervisor of Files Section, salary increased Pollard, Wayne A., Accountant, salary increase approved Pool, W. S., telegraph operator, salary increased Poore, Mrs. Caroline R., charwoman, appointment on temporary basis and salary approved Poundstone, John M., clerk, granted leave without pay to enter U. S. Army Prather, Mrs. Alma, kitchen helper, appointment on temporary basis and salary approved Resignation accepted Rails, Sarah, kitchen helper, appointment on temporary basis and salary approved Randolph, Mrs. Estelle, charwoman, appointment on temporary basis and salary approved Reed, Samie, laborer, appointment on temporary basis and salary approved increased Salary Rice, Mrs. Margaret A., clerk in Correspondence and Publications Section, application for special service retirement approved Robinson, Mrs. Ethel, kitchen helper, appointment on temporary basis and salary approved Rogers, Dorothy, charwoman, salary increased Rohrer, Mrs. Josephine, page, appointment on temporary basis and salary approved Resignation accepted Root, Mrs. Rose D., file clerk, resignation accepted Ross, Orlander L., Jr., laborer, appointment on temporary basis and salary approved Roston, Victoria, kitchen helper, appointment on temporary basis and salary approved Sanford, Carrie, telephone operator, increase in salary approved Schutrumpf, Doris, Assistant Manager of Cafeteria, permanent appointment and salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 1/1 7/29 1123 1/27 149 1/20 98 1/20 98 12/28 1995 2/27 314 10/28 1568 9/10 1316 4/2 490 2/1 3/10 169 2/1 169 6/19 911 355 4/30 648 10/28 1568 11/30 1791 3/1 320 10/12 1493 9/20 1385 9/29 1440 6/26 947 9/11 1325 2/1 169 3/1 321 2/1 169 326 Pages 1 of Board of Governors: (Continued) Secretary's Office: (Continued) Schwartz, Mrs. Ray, kitchen helper, appointment on temporary basis and salary approved Scott, Julian R., messenger, salary increased Resignation accepted Scott, Kay, appointment on temporary basis as page and salary approved Increase in salary as clerk approved Resignation accepted, with deduction for overdrawn sick leave Seagle, Mrs. Mary, teletype operator, increase in salary approved Sexton, Mrs. Jessie A., telephone operator, resignation accepted Shaw, Mrs. Yvonne, secretary to Mr. Morrill, salary increased Shelton, Lula Mae, charwoman, salary increased Resignation accepted Sherrill, Vera M., page, increase in salary approved Salary increased Transferred to Division of Research and Statistics as library aid Sherrod, Ralph A., junior operator, duplicating devices, salary increased Increase in salary approved Shinn, Mrs. Emma, head baker, permanent appointment and salary approved Shipp, A. B., gardener, salary increased Shorter, Howard A., guard, appointment on temporary basis and salary approved Resignation accepted Simms, Mrs. Martha, junior supervisor, permanent appointment and salary approved Simpson, Evelyn L., junior file clerk, salary increase approved Salary increased Simpson, Hazel Lee, junior file clerk, salary increase approved Salary increased Sinclair, Robert, chauffeur, salary increased Sloan, Lida B., stenographer, to be refunded reimbursements for retirement system Smith, Dora, junior supervisor, permanent appointment and salary approved Smith, Mrs. Helen, stenographer, appointment and salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/25 1/29 10/11 300 158 1486 1/12 61 7/29 1123 12/21 1948 7/29 1123 5/20 742 9/10 10/12 12/13 4/29 10/28 1318 1493 1858 642 1568 11/24 1739 1/29 158 7/29 1123 2/1 3/1 169 322 3/27 439 8/27 1250 2/ 1 169 3/27 440 10/12 1492 440 3/27 10/12 1492 8/27 1249 3/10 355 2/ 1 169 12/ 8 1829 327 Pages t4lif of Board of Governors: (Continued) Secretary's Office: (Continued) Snouffer, Paul, guard, salary increase approved Increase in salary approved Somers, Ruth, clerk in cafeteria, permanent appointment and salary approved Spicer, Libbie L., charwoman, salary increased Spurney, F. E., Building Manager, resignation accepted Enid, clerk-stenographer, salary increase approved Steger, Karl J., guard, salary increase approved Increase in salary approved Steiner, Almedal charwoman, salary increased Stem, Mrs. Edith, baker, permanent appointment and salary approved Stone, Harold F., accounting clerk, salary increase approved Resignation accepted Storm, Charles W., maintenance mechanic, salary increased Stull, Howard W., Sr., guard, appointment on temporary basis and salary approved Salary increased Sullivan, David, senior guard, salary increase during temporary appointment approved Sunderman, Ethel M., charwoman, salary increased Swenson, Mrs. Genevieve A., junior file clerk, appointment on temporary basis and salary approved Resignation accepted Tanner, J. E., telegraph operator, salary increased Taylor, Franklin, transfer from guard to supply clerk Increase in salary as supply clerk approved Taylor, Harry, kitchen helper, appointment and salary on temporary basis approved Taylor, Horace E., laborer, appointment on temporary basis and salary approved ha A., charwoman, appointed on temporary Mrs. Taylor, basis and salary approved Thomas, Courtney, kitchen helper, appointed on temporary basis and salary approved Resignation accepted Thompson, Henrietta, kitchen helper, appointment on temporary basis and salary approved Resignation accepted Thompson, Robert K., general assistant, to be refunded reimbursements for retirement system Tobler, Herman, laborer, salary increased Tull, Mrs. binnie, kitchen helper, permanent appointment and salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/31 6/15 479 890 2/ 1 169 10/12 1493 V /1 21514g Staley, 479 3/31 817 10%?.2 1493 2/ 1 169 2/27 314 3/20 416 10/28 1568 653 5/ 1 11/13 1680 3/31 479 10/12 1493 2/ 1 171 590 4/15 10/28 1568 2/ 2 178 7/29 1123 2/ 1 169 10/26 1559 12/ 1 1799 2/10 2/12 209 229 / 2/ 4 790 1 355 3/10 8/27 1249 2/ 1 169 . 328 Pages tart of Board of Governors: (Continued) Secretary's Office: (Continued) Tydings, Mrs. Mildred, Manager of Cafeteria, permanent appointment and salary approved Tyrrell, Mrs. Alice E., file clerk, resignation accepted Underwood, Evelyn L., junior file clerk, appointment on temporary basis and salary approved, services to be terminated if references unsatisfactory Appointment made permanent, with no change in salary Salary increased Unger, Bruce M., senior guard, salary increased Wadley, Margaret, junior file clerk, resignation accepted Walsh, Honora T., junior file clerk, appointment on temporary basis and salary approved Resignation accepted Ward, Thelma E., file clerk, increase in salary approved Resignation accepted Warmke, Pauline, kitchen helper, appointed on temporary basis and salary approved Warner, Robert P., accounting clerk, appointment made permanent, no change in salary Granted leave of absence without pay to enter United States Army Air Corps Reserves Warwick, Howard L., Jr., operator (duplicating devices), appointment on temporary basis and salary approved L., junior mail clerk, increase in salary apWashington, proved Retirement, upon application, effective Feb. 1, 1944 Watts, Elwood P., laborer, appointment on temporary basis and salary approved Separated from service Webb, Elizabeth, junior file clerk, appointment made permanent and salary increase approved Resignation accepted Wiklund, Mrs. Lillie J., charwoman, resignation accepted Wolcott, Helen B., clerk-stenographer, increase in salary approved Salary increased Woods, Carlena, kitchen helper, appointment on temporary basis and salary approved Resignation accepted Wright, Eva, kitchen helper, permanent appointment and salary approved Yates, Mrs. Aline L., index clerk, appointment on temporary basis and salary approved Increase in salary approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/1 4/6 169 519 6/10 869 8/ 3 1154 10/12 1492 11/13 1680 1/9 52 6/19 910 8/27 1250 5/27 792 9/ 9 1305 2/18 266 3/20 416 6/14 881 12/15 1915 5/31 817 12/17 1926 4/1 4/27 484 629 3/16 387 4/7 535 8/ 9 1176 4/29 642 10/28 1568 2/4 185 2/12 229 2/1 169 2/8 5/31 197 817 329 Pages Staff of Board of Governors: (Continued) Secretary's Office: (Continued) 9/25 1423 Yilek, J. J., supply clerk, salary increase approved presYoung, Herbert W., Acting Mechanical Superintendent, ent designation to be continued on temporary 57 1/11 basis with no change in salary 10/28 1568 Salary increased Zimmerli, Mrs. Isabelle, kitchen helper, permanent appoint169 2/ 1 ment and salary approved Sick leave, application for period in excess of three days, requirement of physician's certificate waived, subject to discretion of heads of divisions 12/16 1920 and offices Teiada, Jorge, of Bolivia, to be employed by Board and FRBank of St. Louis for period of not to exceed six 3/30 461 months To be employed under auspices of Coordinator of Inter4/ 2 491 American Affairs e legraph operators: 10/28 1568 March, G. L., salary increased 1568 10/28 Ott, H. M., supervisor, telegraph section, salary increased 1568 10/28 Pool, W. S., salary increased 1568 10/28 Tanner, J. E., salary increased e-LePhone operators: Crawford, Gweneth, transferred from position of elevator operator, increase in salary 1 ed: 1V/26 approv Salary increased Griffith, Flora J., Chief Telephone Operator, salary in158 1/29 creased ial examiners, Mr. Ransom opposed to use of employees of 11/29 1781 Board as War Loans Committee: Boothe, Gardner L., II, Assistant Administrator, increase 8/ 2 1142 in salary approved 996 7/ 1 approved salary in Faucette, Olive C., clerk, increase insalary Boothe, Fields, Catherine, secretary to Mr. 11/11 1664 creased appointpher, Griset, Margaret Catherine, clerk-stenogra ment and salary approved 6/21 916 Transferred to Division of Bank Operations approved salary in Holmes, Mary, clerk, increase 37// 11 17 //1 / 5 10 ! 6 34 4 6194 ; Salary increased increase pher, salary Hopping, Catherine E., clerk-stenogra approved Kekenes, Mary F., clerk-typist, appointment and salary approved L., clerk-typist, appointment on tempoLeila McLaughlin, 6/19 911 rary basis and salary approved 8/24 1236 accepted Resignation http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 330 Pages Nfr Of Board of Governors: (Continued) war Loans Committee: (Continued) Pinn, William E., messenger, appointment and salary approved Increase in salary approved Severud, Esther, stenographer, transferred to Division of Bank Operations with no change in salary State D epartment: Assets of United States frozen in sterling area countries, correspondence of Mr. Roesti on Branch of Chase National Bank at Cairo, Egypt, establishment to be taken up with ecxnau..ttee on Post-War Foreign Economic Policy, Mr. Eccles invited to become member and attend meeting conamic handbook for use at peace conference, financial sections, preparation to be made by Board if necessary staff can be recruited Temporary employment of someone to take charge of work for Board, search for satisfactory person to be continued Paraguayan Government, monetary and banking project, letter to Under Secretary of State Sumner Vielles re participation of Messrs. Gardner and Triffin in Prsess reviews of Bank for International Settlements, request that Swiss Government be asked to include in material sent Studies on financial situation, prospects and problems of countries of Europe, British Commonwealth, and Asia, Board's desire to cooperate with in preparation of St es .n connection with preparation for peace conference, policy re employment of temporary staff Studies, Mr. Bruno Foa appointed to study financial position Nte of Italy for 'lnance Company of Des Moines, Iowa, violations of Regulation W, further investigations to be continued State A_member banks: Naeri can Bank & Trust Company, New Orleans, La., application for fiduciary powers approved upon conversion into National American Bank, New Orleans, La. Arlie rican State Bank of Bloomington, Illinois, application for membership approved, subject to charge off of Wochner family loans by Jan. 1, 1948 Am Certificate of membership transmitted erican Trust Company, San Francisco, California, establishment of additional branch in Stockton, California, in connection with purchase of assets and assumption of liabilities of First National Bank of Stockton approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/22 7/1 108 996 1/7 39 1/14 79 11/23 1723 4/6 516 5/29 804 7/10 1035 5/27 792 2/1 175 6/17 902 11/24 1733 12/18 1932 7/ 3 1013 12/ 9 1835 10/11 1487 11/ 3 1626 8/23 1232 331 Pages a ?member banks: (Continued) ' 4acostia Bank, Anacostia, D. C., Washington, D. C., application for membership approved, and capital stock to be increased Permission granted to maintain same reserves against deposits as required by banks located outside of central reserve and reserve cities Andover Bank, Andover, Ohio, application for membership approved Certificate of membership transmitted Ilstin State Bank, Chicago, Illinois, application for membership approved, subject to charge off of losses, savings account to conform with law and regulations Certificate of membership transmitted Application for fiduciary powers upon conversion into National Bank of Austin Permission granted to maintain same reserves as reserve city banks xx of Brodhead, Wisconsin, application for membership approved , Certificate of membership transmitted bank of Cairo, Missouri, application for membership approved 8 Certificate of membership transmitted ank of Edwardsville, Illinois, war savings bonds, redemption of, question of charges for ank of Forest, Miss.: Interest, question of payment upon demand deposits, schedule of City Correspondents, legal opinion re requested by Board Par clearance, question of nationwide Plan for handling of nonpar items, letter from Mr. McCravey and reply concerning e.nk of Gassaway, West Virginia, application for membership approved 15 Certificate of membership transmitted ljalrik of Gouverneur, New York, application for membership approved, subject to charge off of losses, to take steps to improve trust department and to strengthen management tank „ or Herington, Kansas, application for membership approved, shares of own stock held as collateral to its loans to be disposed of, and trust account to be eliminated t Certificate of membership transmitted a'nk of Holyrood, Kansas, application for membership approved Certificate of membership transmitted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/12 563 5/15 721 4/30 5/17 649 725 5/ 8 5/19 686 735 11/15 1696 11/25 1746 433 1/27 13 9 11/15 1695 11/26 1751 10/ 6 1470 7/10 1040 7/10 1040 12/24 1970 12/20 1947 12/30 2015 3/27 445 9/25 10/23 8/13 9/10 1426 1546 1199 1317 332 Pages StEte member banks: (Continued) Batik of Kaukauna, Wisconsin, reduction in capital stock not ap9/ 2 proved Bani, of Millen, Georgia, six months notice waived and permis11/30 sion for immediate withdrawal approved of continuance for examine to FDIC to granted Permission 12/ 3 insurance after withdrawal from FRSystem Bal* of New Hyde Park, New York, application for membership ap12/27 proved Bank of Waverly, Virginia, deposit left by will to the trustees of Dendron Methodist Church, no objection by 5/29 Board to acceptance of Bank of Westchester, Yonkers, New York, establishment of addi5/29 tional branch at Larchmont, New York, approved Barclay-Westmoreland Trust Company, Greensburg, Pa., application for membership approved, subject to disposal of own stock carried in investment ac9/ 7 count, and certain other provisions 10/11 t Certificate of membership transmitted ear River State Bank, Tremonton, Utah, application for membership approved, subject to charge off of losses 3/31 excessive loans to be reduced rooks ooks Bank and Trust Company, Torrington, Conn., purchase of land and building at 61 Main Street, Torrington, 8/ 2 no objection to Camden Trust Company, Camden, New Jersey, violation of Regulation W, matter to be held in abeyance pending amendment of National Housing Agency Order No. 8/ 2 60-4 Capital City State Bank, Des Moines, Iowa, application for membership approved, savings account to be brought into conformity with law, and trust activities 9/27 to be supervised 10/22 , Certificate of membership transmitted '-'entral Bank, Swainsboro, Georgia, application for immediate withdrawal from FRSystem approved and permission to FDIC to examine in connection with con9/30 tinuance of insurance granted Central Home Trust Company, Elizabeth, New Jersey, reduction in 5/14 common stock, conditions of plan, approved Central Trust Company, Rochester, New request for permission to retain corporate stocks, cancelation of condition of membership not considered desir1/8 able at present Cha On for Savings Bank Company, Chardon, Ohio, application membership approved, savings account to be 6/5 brought into conformity with law 6/29 Certificate of membership transmitted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1273 1791 1806 1981 810 810 1296 1488 479 1143 1146 1432 1545 1/,42 718 43 846 980 333 Pages Stete nlember banks: (Continued) Citizens Bank of Arcade, New York, transaction to purchase assets and assume deposit liabilities of Bliss National Bank, Bliss, New York, no objection to Citizens Bank, Attica, New York, application for membership approved f, Certificate of membership transmitted itizens Bank of Hattiesburg, Mississippi, application for membership approved, savings account to conform with law, and certain other matters to be concluded satisfactorily 0, Certificate of membership transmitted itizens Bank of Montana, Havre, Montana, certification to FDIC as member Citizens Bank and Trust Company of Clarksville, Virginia, application for membership approved Certificate of membership transmitted ultizens Loan and Trust Company of Washington, Ind., penalty on reserve deficiencies waived Citizens State Bank, Hugo, Oklahoma, application for membership approved, subject to issuance of proposed capital Certificate of membership transmitted ,1tizens State Bank of South Haven, Michigan, consolidation ' with First State Bank of South Haven, Michigan Cleveland Trust Co., Cleveland, Ohio, to list Firestone Park Trust and Savings Bank as affiliate in Schedule 0 Columbus Junction State Bank, Columbus Junction, Iowa, application for membership approved, exercise of fiduciary powers permitted n Certificate of membership transmitted ' orarrterce-Warren County Bank, Warrenton, Missouri, application for membership approved, subject to charge off of losses, and matter of issuance of common stock to be reviewed n Certificate of membership transmitted ,,o mmercial Bank and Savings Company, Fostoria, Ohio, application approved, protection for ration stamps to be provided, and savings accounts to be made to conform with law 00 Certificate of membership transmitted MIllercial Security Bank of Ogden, Utah, republication of report of American Investment Corporation, affiliate, not necessary but to be published at time of next call http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/6 674 12/ 4 1810 12/16 1922 8/ 7 1173 9/10 1317 1/6 27 4/14 5/7 680 1/29 159 588 11/26 1751 12/ 7 1825 6/18 907 3/19 411 9/25 1425 10/22 1545 11/ 9 1651 11/26 1751 12/18 1936 12/30 2015 4/1 486 334 Pages S te member banks: (Continued) 3rnmercial State Bank of Melvin, Ill., application for member' 3/27 ship approved 5/ 7 n Certificate of membership transmitted ''ondition reports: 1/ 4 Call made as of December 31, 1942 Advice to Comptroller of the Currency that Board is agree) 6 ( V able to omission of spring call Spring call not to be made 4/29 Revision of call report approved 6/16 Forms and instructions for next call forwarded 7/ 2 Call as of July 2 10/20 Call as of October 18 Ohio, adjustments because of acceptance of published statements including hypothecated deposits, no ob8/18 jection to Continental-American Bank et Trust Co., Shreveport, La., applicability of Sec. 22(g) of FRAct to loans to executive officers secured by notes executed on 10/ 1 Commodity Credit Corporation forms • 0ontinental State Bank, Alto, Texas, application for membership approved, excess balance in nonmember bank to be 5/31 reduced to within statutory limits 0 Certificate of membership transmitted 6/17 °I.IntY Trust Company of Maryland, Cambridge, Md., vice presidents of branches regarded as executive officers 8/21 under section 22(g) of FRAct Vice presidents at branches not executive officers under 9/25 proposed resolution e(m" NaFirst -uuY Trust Co., White Plains, N. Y., absorption of tional Bank of Pleasantville and removal of 6/30 branch into quarters of national bank D anville Loan and Savings Bank, Danville, Virginia, application 10/30 for fiduciary powers approved Del 11-1.0 Bank and Trust Co., Del Rio, Texas, absorption of First 1/ 4 State Bank, Rocksprings, Texas, no objection to De . Posits, statement shoving demand and time of individuals, partnerships and corporations by States and counties 2/ 4 sent to Secretary of the Treasury 4me Trust and Savings Bank, Fort Wayne, Indiana, application for membership approved, common stock to be shown at par value, compliance with condition 8/ 3 No. 6 waived 4 Certificate of membership transmitted 8/17 Illings and dividends reports, Form 107b with instructions for6/16 warded • '"ings and expenses, form of semiannual report, approved 4/29 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 447 680 13 255 348 644 897 1007 1533 1211 1449 818 900 1228 1428 992 1584 16 186 1155 1208 898 645 335 Pages Nte member banks: (Continued) Ecorse Savings Bank, Ecorse, Michigan, no objection to acting as trustee in case cited but to accept no other business without permission 34cam1nations, report forms, and rating system, recommendations by Standing Committee Examinations, request of Mr. Treadwell that examiner of FRBanks of New York and Philadelphia scrutinize accounts of certain individuals and concerns listed, Board not to comply with request Exchange Bank and Trust Co., El Dorado, Ark., not required to publish report of affiliate, Arkansas Radio and Equipment Company Fahey Banking Company, Marion, Ohio, application for membership approved and savings accounts to be brought into conformity with law Farmers and Merchants Bank, Clay City, Indiana, application for membership approved, compliance with condition numbered 6 waived, and requirements re savings deposit withdrawals to conform to law Certificate of membership transmitted armers and Merchants Bank, Greenwood, Wisconsin, application for membership approved , Certificate of membership transmitted 'armers and Merchants State Bank, Colby, Kansas, application for membership approved, subject to charge off of losses , Certificate of membership transmitted r armers and Merchants Trust Company of Chambersburg, Pennsylvania, application for membership approved, and savings accounts to conform with law Certificate of membership transmitted armers and Merchants Trust Company, Greenville, Pa., application for membership approved, savings account to conform with law and management policies to be followed closely Certificate of membership transmitted Parmers Bank of Boydton, Virginia, application for membership approved , Certificate of membership transmitted salmers Bank of Parkesburg, Pennsylvania, application approved , Certificate of membership transmitted rmers Bank of Springville, Erie County, N. Y., Springville, N. Y., application for membership approved, subject to charge off of losses 1., Certificate of membership transmitted armers Bank, Sunbury, Ohio, application for membership approved Certificate of membership transmitted p http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/15 1352 3/17 396 1/16 89 2/1 174 4/3 494 11/17 1708 12/23 1962 9/11 1326 10/11 1488 11/19 1714 12/ 7 1824 7/15 1056 8/19 1214 9/ 1 1269 9/27 1433 4/12 5/7 5/28 6/17 562 680 798 900 5/19 6/17 735 900 8/23 1232 9/13 1337 336 Pages hate member banks: (Continued) Farmers Savings Bank Company, Stony Ridge, Ohio, application for membership approved, savings account to 5/ 7 conform with law and regulations 5/29 , Certificate of membership transmitted r armers State Bank of Camp Point, Ill., application for membership approved and excess balance with nonmem1/12 ber bank to be reduced Farmers State Bank, Eustis, Nebraska, application for member9/14 ship approved 10/ 6 , Certificate of membership transmitted r armers State Bank, Lake View, Iowa, application for membership 10/ 5 approved 11/ 3 , Certificate of membership transmitted r armers State Bank of McClure, Ohio, application for membership approved, savings accounts to be brought into conformity with law and wording of passbooks 4/ 9 to be revised Farmers State Bank of Stryker, Ohio, application for membership approved 0 F Certificate of membership transmitted aMers State Bank of Superior, Nebraska, application for membership approved, savings account to be brought into conformity with law, and requirements re 11/ 5 savings deposit withdrawals to be met , Certificate of membership transmitted 12/ 7 r armers State Bank Company, Fayette, Ohio, application for membership approved, and savings deposits to be brought into conformity with law armers State Savings Bank, Delta, Ohio, application for member- :/30 /9 ship approved and savings accounts to be brought into conformity with law m. Certificate of membership transmitted 5/ 7 'idelity State Bank, Dodge City, Kansas, application for membership approved, savings account to be brought 11/12 into conformity with law b. Certificate of membership transmitted 11/27 n-restone Park Trust and Savings Bank, Akron, Ohio, affiliate 3/19 relationship with Cleveland Trust Co. Pi rst-Central Trust Company, Akron, Ohio, acquisition of capital stock of Akron Central Tower Company, ap12/10 plicability of sections 23A and 24A of FRAct First Savings Bank, Ravenna, Ohio, adjustment in condition re8/18 port First State Bank, Avinger, Texas, application for membership approved 4/16 First State Bank of Forest Park, Illinois, application for mem5/11 bership approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 678 809 64 1345 1466 1463 1626 548 644 695 1644 1825 548 474 680 1671 1755 411 1847 1211 596 697 337 Pages Stat °member banks: (Continued) First State Bank of Forest Park, Illinois: (Continued) Certification to FDIC as member of FRSystem ,. Certificate of membership transmitted rlrst State Bank of Grayslake, Ill., application for membership approved and consideration of loans and investments to be secured by directors First State Bank of Newman, Ill., application for membership approved and number of directors to be increased First State Bank, Rocksprings, Texas, absorption by Del Rio Bank and Trust Co., Del Rio, Texas, no objection First State Bank of South Haven, Michigan, consolidation with Citizens State Bank of South Haven, Michigan First State Bank in Temple, Oklahoma, application for membership approved, number of directors to be increased to a minimum of five , Certificate of membership transmitted rirst Trust and Savings Bank, Pasadena, California, affiliate of Transamerica Corporation, extension of time for filing report Extension of time for filing affiliate reports Extension of time for filing affiliate reports made permanent Pirst Trust Company of Philadelphia, Pennsylvania, dissolution of Colonial Finance Company and retention of certain stocks and assets owned by affiliate Pletcher Trust Company, Indianapolis, Indiana, proposal to take over assets of affiliate, the Fletcher Joint Stock Land Bank, approved Florida Bank at Orlando, Florida, application for membership approved, savings account to be brought into conformity with law , Certificate of membership transmitted 4r7 State Bank, Gary, Indiana, to be converted into Gary Na' tional Bank, Gary, Indiana, and fiduciary powers granted Granite Trust Company, Quincy, Massachusetts, dividends, removal of certain restrictions re payment of, no objection to Guaranty Trust Co., New York, suit of United States against, certifications of Declarations of Foreign Correspondents furnished to Department of Justice Gwinn State Savings Bank, Gwinn, Michigan, fiduciary powers, permission granted to continue one account and acceptance of an occasional similar account http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/14 5/17 718 1/30 162 2/22 288 1/4 16 6/18 907 5/5 5/29 665 809 725 1/21 104 7/21 1078 11/ 9 1653 7/29 1127 4/24 621 9/21 1389 10/ 6 1466 7/24 1099 11/25 1744 3/15 379 8/10 1183 338 Pages hat e member banks: (Continued) Hadley Falls Trust Co., Holyoke, Mass., plan for adjustment of capital structure and condition of membership No. 28 to be waived, approved Healer State Bank, Hamler„ Ohio, application for membership approved, savings account to be brought into conformity with law Certificate of membership transmitted Hardy Banking Company, North Baltimore, Ohio, application for membership approved Certificate of membership transmitted Harris Trust and Savings Bank, Chicago, Illinois, war loans, guarantees, letter of Mr. Mark A. Brown, Vice President, copy of answer sent to Ear and Navy Departments Answers to questions of Mr. Brown sent by War and Navy Departments Hartsburg State Bank, Hartsburg, Illinois, application for membership approved Heights State Bank, Houston, Texas, application for membership approved, permission granted to maintain reduced reserves Call report, no objection if not published Certificate of membership transmitted „ Certification to FDIC as member of FRSystem rie4mpstead Bank, Hempstead, New York, application for membership approved, subject to charge off of losses „. Certificate of membership transmitted 4111 County State Bank of Havre, Montana, application for membership approved, and Northwest Bancorporation to obtain general voting permit , Certificate of membership transmitted nolgate State Bank, Holgate, Ohio, application for membership approved and savings account to be brought into conformity with law Home Bank and Trust Company of Darien, Connecticut, application for membership approved, savings account to be brought into conformity with law , Certificate of membership transmitted ri°uston Land and Trust Company, Houston, Texas, application for membership approved, copy of resolution changing number of directors requested Certificate of membership transmitted H "untington Station Bank, Huntington Station, New York, application for membership approved, subject to charge off of losses, savings accounts to conform with law Certificate of membership transmitted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/13 585 8/26 1245 9/13 1337 11/ 5 1644 12/ 7 1824 5/29 811 6/5 849 3/2 338 10/ 1 10/22 10/22 10/18 1448 1545 1545 1522 11/ 3 1625 11/18 1712 4/13 5/12 582 711 2/16 257 5/14 5/26 717 787 11/ 1 1590 11/26 1751 12/21 1949 12/30 2015 339 Pages State member banks: (Continued) Indiana Lawrence Bank and Trust Company, North Manchester, Indiana, application for membership approved, subject to charge off of losses, compliance with condition 6 waived Certificate of membership transmitted Industrial Trust Company, Providence, R. I., purchase of assets and assumption of deposit liabilities of Mechanics National Bank of Providence Investment in bonds of Alabama Bridge Finance Corporation, not exempt from 10% limitation of Section 5136 of Revised Statutes Irwin-Union Trust Company, Columbus, Indiana, application for membership approved, subject to charge off of losses, compliance with condition numbered 6 waived Certificate of membership transmitted J. P. Morgan & Co. Incorporated, affiliate relationship with Morgan Grenfell & Co. Limited, nonexistent upon termination of voting trust agreement Jackson State Savings Bank, Maquoketa, Iowa, permission for immediate withdrawal from System approved Xansas State Bank, Kansas, Illinois, application for membership approved Certificate of membership transmitted Airkwood Bank, Kirkwood, Missouri, application for membership approved , Certificate of membership transmitted Lake Shore Trust and Savings Bank, Chicago, Illinois, to be converted into Lake Shore National Bank and fiduciary powers to be granted Liberty State Bank & Trust Company, Mount Carmel, Pa., permission for immediate withdrawal granted Liberty State Savings Bank, Liberty Center, Ohio, application for membership approved, savings account to conform with law and regulations T. Certificate of membership transmitted 'Imestone County Bank, Athens, Alabama, application for membership approved Lindsey Banking Company, Lindsey, Ohio, application for membership approved, excess balances in nonmember banks to be reduced to within statutory limits , Certificate of membership transmitted applica"L°ckport Exchange Trust Company, Lockport, New compliance and approved for membership tion with condition No. 6 waived Certificate of membership transmitted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/15 8/ 5 1058 1157 12/10 1847 8/19 1215 8/21 1227 9/13 1337 6/ 2 832 6/ 7 852 11/15 1695 12/ 7 1824 12/ 6 1811 12/16 1922 11/ 5 1645 11/ 9 1653 5/ 7 5/26 679 787 2/27 317 5/24 6/17 756 900 8/28 1252 9/10 1317 340 Pages hate member banks: (Continued) Long Branch Banking Company, Long Branch, New Jersey, application for membership approved, subject to charge off of losses and savings accounts to be brought into conformity with law , Certificate of membership transmitted Lorain County Savings & Trust Company, Elyria, Ohio, application for membership approved, management to be strengthened, savings accounts to be brought into conformity with law, and permission to retain branch Certificate of membership transmitted Lori Banking Company, Fort Loramie, Ohio, application for membership approved, subject to charge off of losses Manufacturers Bank & Trust Co. of St. Louis, Mo., reduction in required reserves not approved Manufacturers Trust Company, New York, N. Y., to absorb branch of Marine Midland Trust Company of New York, approved Maryland Trust Company, Baltimore, Maryland, deposit accounts, question of study by Securities and Exchange Commission McIlroy Bank & Trust Company, Fayetteville, Arkansas, application for membership approved, capital requirement to be fulfilled and losses to be charged off, advice re proposed change in title requested Mechanics and Farmers' Bank of Albany, New York, application for membership approved, compliance with condition 6 to be waived until further notice Certification to FDIC as member of FRSystem m Certificate of membership transmitted edarYville State Bank, Medaryville, Indiana, application approved subject to charge off of losses, common stock to be shown at par value, corrective action re number of directors to be taken, interest payment on debentures improper and to be brought to attention of bank Extension of time for accomplishing membership approved u Certificate of membership transmitted 'errill Trust Company, Bangor, Maine, request for permission to acquire and carry on books bank buildings now held by Merrill Mortgage Company, no objection to transaction and Merchants' Bank, Chelan, Washington, application for membership approved, and suggestions made with reference to capital stock Certificate of membership transmitted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11/27 1755 12/10 1846 4/9 5/7 546 680 4/3 495 9/ 6 1292 9/ 2 1272 9/23 1400 12/21 1950 6/29 979 7/1 996 7/ 3 1012 6/18 906 7/15 1059 8/ 5 1157 9/ 3 1276 4/17 5/7 600 680 341 Pages hate member banks: (Continued) Miners and Merchants Bank, Smithfield, Ohio, application for membership approved, savings account to conform to law, and certain other matters to be concluded satisfactorily Certificate of membership transmitted Mississippi Valley Trust Co., St. Louis, Mo., question raised in examination on investment purchased for common trust fund Uount Union Bank, Alliance, Ohio, adjustment in condition report Mountain Trust Bank, Roanoke, Virginia, application for membership approved, affiliate to dispose of bank's stock owned by it, retention and operation of branch at Vinton, Va., approved Certificate of membership transmitted Munsey Trust Company, Washington, D. C., reduction in capital stock approved Mutual Trust and Deposit Company, New Albany, Indiana, application for membership approved Certificate of membership transmitted Ilapa Bank of Commerce, Napa, California, application for membership approved Certificate of membership transmitted Nevada Bank of Commerce, Elko, Nevada, branches in Austin and Battle Mountain, Nevada, merger with Lander County Bank, Austin, Nevada, and purchase of assets and assumption of liabilities of Battle Mountain State Bank, Battle Mountain, Nevada, approved Norfolk County Trust Company, Brookline, Mass., plan to purchase assets and assume liabilities of Walpole Trust Company for establishment of two branches at Walpole, Mass., approved North End Bank & Trust Company, Bridgeport, Conn., application for membership approved, minimum for paid-up and unimpaired capital to be $200,000, and savings accounts to be brought into conformity with law Extension of time to complete membership in FRSystem „ Extension of time granted to complete membership in System ilorthport Trust Company, Northport, New York, application for membership approved, compliance with condition numbered 6 waived until further notice , Certificate of membership transmitted 'klahoma State Bank, Buffalo, Oklahoma, application for membership approved, excess balance carried in a nonmember bank to be reduced to within statutory limits, and number of directors to be increased as soon as possible http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/15 1058 8/ 5 1157 4/30 650 8/18 1211 7/29 1125-7 8/ 7 1174 12/11 1856 4/23 5/7 619 680 10/11 1488 11/18 1712 7/14 1054 6/24 930 10/26 1560 11/20 1718 12/24 1977 10/16 1517 11/ 3 1626 11/25 1744 342 Pages State member banks: (Continued) Oklahoma State Bank: (Continued) 12/13 Extension of time for accomplishing membership Oyster Bay Trust Company, Oyster Bay, New York, application for membership approved, compliance with con11/25 dition numbered 6 waived 6 12/ Certificate of membership transmitted Patchogue Citizens Bank and Trust Company, Patchogue, New 1/8 permission to FDIC to make examination of 12/30 Reply to letter on service charges Peapack-Gladstone Bank, Gladstone, N. J., application for membership approved and earnings should be con1/15 served to provide more adequate capital People's Bank, Greenburg, Ky., application for membership ap3/15 proved Peoples Bank of Lakewood Village, California, request for permission to purchase assets and assume liabilities of First National Bank of Bellflower and First National Bank of Garden Grove and move headquarters of bank and operate branches, ac1/19 tion deferred and Application for consolidation with two national banks 3/17 establishment of branches, declined Letter to FRBank of San Francisco advising of declination of 3/19 application and headquarters, Absorption of two other banks, change of establishment of branches, letter stating objec4/19 tions of Board banks, other Proposed plan for reorganization involving two copies of letters sent to Mr. Thomas F. Ford, 5/22 House of Representatives date to as requested in, advice changes Official personnel, 10/30 of next examination apmembership for application Michigan, Peoples Bank of Leslie, 4/1 proved for application Indiana, Sunman, Company, Peoples Bank and Trust 7/23 membership approved 8/23 , Certificate of membership transmitted veoples Pittsburgh Trust Company, Pittsburgh, Pa., purchase of assets and assumption of liabilities of Arsenal 2/16 Bank of Pittsburgh, no objection memfor application Michigan, Huron, Port Bank, Savings PeoAles 12/ 2 bership approved 12/28 in System membership complete to time granted of Extension Peoples State Bank of Gillespie, Ill., application for membership approved and savings accounts to be brought 1/15 into conformity with law http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1858 1743 1812 48 2018 83 377 94 393 413 607 751 1583 485 1095 1232 257 1803 1996 83 343 Pages te member banks: (Continued) Peoples State Bank, Rocksprings, Texas, application for member8/19 ship approved 9/22 Certificate of membership transmitted Peoples State Bank, Wauseon, Ohio, application for membership approved, savings accounts to be brought into conformity with law and service of director un4/ 9 der Sec. 32 to be investigated Piedmont Trust Bank, Martinsville, Virginia, application for 9/25 membership approved 10/ 6 . Certificate of membership transmitted Plne Lawn Bank and Trust Company, Pine Lawn, Mo., hearing on compulsory forfeiture of membership, Mr. Wyatt 11/29 to conduct Planters Bank and Trust Company, Hopkinsville, Ky., deposit and cash transferred from Bank of Crofton, 2/27 Kentucky, no objection to Planters Bank & Trust Co., Thomaston, Alabama, matter of withdrawal to be held in abeyance pending further 3/31 advice from president Portland Trust and Savings Bank, Portland, Oregon, application for membership approved, condition reports to include full amount due heirs of Pittock Estate 9/11 on contribution made to bank 6 10/ Certificate of membership transmitted Condition report, republication not required, instructions 12/ 8 for future call reports Renwick Savings Bank, Renwick, Iowa, application for membership 10/15 approved 3 11/ . Certificate of membership transmitted for Riverside Trust Company, Hartford, Connecticut, application membership approved, savings accounts to conform 7/ 2 with law 8/ 5 ,. Certificate of membership transmitted lzverview State Bank of Kansas City, increase in interbank de9/ 6 posits to be watched Roosevelt State Bank, Roosevelt, Utah, application for member5/13 ship approved, subject to charge off of losses 6/29 , Certificate of membership transmitted rl°ssford Savings Bank, Rossford, Ohio, application for membership approved, savings account to br brought into 7/29 conformity with law 8/17 transmitted membership of Certificate Saline Savings Bank, Saline, Michigan, application for member6/ 5 ship approved 6/30 Certificate of membership transmitted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1214 1397 549 1424 1466 1781 317 481 1327 1466 1830 1511 1626 1008 1157 1292 713 980 1124 1208 846 992 344 Pages State member banks: (Continued) Security Savings Bank, Farnhamville, Iowa, application for membership approved Certificate of membership transmitted Security State Bank of Pecos, Texas, application for membership approved Certificate of membership transmitted Security State Bank, Sheldon, Iowa, purchase of assets and assumption of deposit liabilities of State Bank of Archer, Iowa, a noninsured bank, approved Seneca County Trust Company of Seneca Falls, N. Y., application for membership approved, compliance with condition numbered 6 waived, excessive balance in nonmember bank to be reduced, and ownership of common stock to be considered Certificate of membership transmitted 51-dell State Bank, Sidell, Illinois, application for membership approved Certificate of membership transmitted Pringdale Bank and Trust Company, Springdale, Conn., to increase common capital stock, purchase assets and assume liabilities of Stamford Industrial Bank, Stamford, Conn., and move place of business to quarters of Stamford Industrial Bank, approved State Bank of Akron, Indiana, application for membership approved, compliance with condition 6 waived Certificate of membership transmitted State Bank of Defiance Company, Defiance, Ohio, application for membership approved, subject to charge off of losses, stock to be increased and savings accounts to be brought into conformity with law State Bank of Hammond, Ill., application for membership approved subject to charge off of losses State Bank of Howards Grove, Wisconsin, application for membership approved Certificate of membership transmitted State Bank of Seneca Falls, N. Y., membership application approved subject to charge off of losses and dividend policy of bank to be watched State Savings Bank of Lincoln Park, Michigan, application for membership approved, proper provision to be made for losses Certificate of membership transmitted Toledo Trust Company, Toledo, Ohio, holds majority of stock of Commerce Guardian Bank, Toledo, Ohio, but ruled not to be holding company affiliate for purposes other than section 23A of FRAct http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/18 1936 12/30 2015 11/27 1756 12/ 9 1835 12/30 2016 12/14 1891 12/27 1981 4/23 5/17 619 725S 7/ 9 1029 7/ 3 1011 7/27 1116 3/27 446 1/22 110 1/212 1V, 9 1/14 76 922 6/23 7/27 1116 1/12 64 345 Pages Sta te member banks: (Continued) Union Bank of Commerce Company, Cleveland, Ohio, reduction in capital and consolidation with National City Bank of Cleveland Union Trust and Deposit Company, Parkersburg, West Virginia, application for membership approved, bank's requirements re withdrawals of savings deposits to conform to law Certificate of membership transmitted United States Trust Company of Paterson, New Jersey, application for membership approved, savings account to be brought into conformity with law Certificate of membership transmitted Utah Savings and Trust Co., Salt Lake City, Utah, extension of time for filing affiliate reports Walnutport State Bank, Walnutport, Pa., application for membership approved, relationship of Ervin H. Bittner under Sec. 32 considered and savings deposits to be brought into conformity with law Certificate of membership transmitted Westport Avenue Bank, Kansas City, Missouri, application for membership approved, subject to special condition re amount of paid-up capital and savings account to conform with law Permission granted to maintain same reserves against deposits as required by banks outside of central reserve and reserve cities Westport Bank, Kansas City, Missouri, certificate of membership transmitted William Penn Bank of Commerce, Pittsburgh, Pa., permission to maintain same reserves as member banks located outside central reserve and reserve cities Winters State Bank, Winters, Texas, absorption of Bank of Bradshaw, Texas, unincorporated, uninsured bank, no objection to Wisconsin banks, condition of membership requiring bank to deposit securities with trust department for trust funds deposited in commercial or savings department, compliance waived Wolf Bros. State Bank, Centreville, Michigan, application for membership approved Certificate of membership transmitted es and political subdivisions, borrowing from FRBanks on Government securities, Board not in favor of suggested legislation 'trig area countries, request for information on United States assets frozen in http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 12/ 7 1825 11/19 1714 12/23 1962 8/24 1236 9/10 1317 7/28 1120 4/17 5/10 599 695 9/ 9 1305 9/16 1357 9/27 1433 1/ 1 2 1/22 111 8/ 6 1166 7/27 1115 8/23 1232 11/30 1795 1/14 79 346 Pages c)cit, capital: Akron Central Tower Company, acquisition of capital stock by First-Central Trust Company, Akron, Ohio, ap12/10 plicability of sections 23A and 24A of FRAct Anacostia Bank, Washington, D. C., application for membership, letter to Comptroller of Currency as to classi1/20 fication as outlying district 9/ 2 Ballik of Kaukauna, Wisconsin, reduction not approved Barclay-Westmoreland Trust Co., Greensburg, Pa., own stock held in investment account to be disposed of, in con9/ 7 nection with admission to membership Central Home Trust Co., Elizabeth, N. J., reduction in par value 5/14 of common stock approved Calif., Angeles, Los of Bank Savings & Trust Citizens National plan of Transamerica Corporation to acquire 5/28 shares, opposed by Board membership for requirement Oklahoma, Hugo, Bank, Citizens State 11/26 in FRSystem Commerce-Warren County Bank, Warrenton, Missouri, issuance of 11/ 9 common stock, question of legality of 11/ 9 of Retirement ulme Trust and Savings Bank, Fort Wayne, Indiana, common stock 8/ 3 to be shown at par value First Trust Co., Philadelphia, Pa., to retain stocks acquired through dissolution of Colonial Finance Company, 7/29 an affiliate Hadley Falls Trust Co., Holyoke, Mass., reduction in par value 4/13 of preferred stock approved Inversiones Latinas, S. A., purchase by The Chase Bank, to be 7/27 discussed with Mr. Sproul llorris Plan Bank of Washington, D. C., held by Morris Plan Bank of Virginia, to be disposed of, if admitted to 12/17 membership 12/11 --sey Trust Company, Washington, D. C., reduction approved Ilorth End Bank & Trust Company, Bridgeport, Conn., requirement 10/26 for membership in FRSystem Shawmut Association, Boston, Mass., application to withdraw listing on Boston Stock Exchange SPringdale Bank and Trust Co., Springdale, Conn., increase in 9 7/ 4 9 connection with absorption of nonmember bank Union Bank of Commerce Company, Cleveland, Ohio, reduction in capital and consolidation with National City 12/ 7 Bank of Cleveland Westport Avenue Bank, Kansas City, Missouri, requirement for 9/ 9 membership in FRSystem http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1847 99 1273 1297 718 794 1751 1652 1652 1155 1127 585 1112 1928 1856 1560 2 10: 1825 1305 347 Pages Stock, corporate: Central Trust Company, Rochester, New York, request for permission to retain corporate stock, cancelation of condition of membership not desirable at this time Stock exchanges, study for chapter on money and banking in Military Government Handbook to be undertaken by Board St"Icsy market issues of securities, branch banks, estimated requirements for, requested of FRBanks 1/8 43 2/4 187 11/ 1 1592 12/16 Central banking in Latin American countries, progress on Currency and banking systems, etc., for chapter on money and banking in Military Government Handbook, to 2/4 be undertaken by Board Financial situation, prospects and problems of countries of Europe, British Commonwealth, and Asia, Board's desire to cooperate with State Department in 6/17 preparation of Financial position of European and certain other countries, memo 8/10 on assembling staff for work on Latin Americans, program for training in banking, Board participation to be continued, with appointments on 12/28 temporary six months' basis 11/24 Military Government Handbook, status of work on Post-war adjustment problems, MR1110 to be prepared re work of Board on, to be sent to Honorable Bernard M. 12/ 9 Baruch Post-war aviation, material re to be communicated to Dr. Golden10/15 weiser of Division of Research and Statistics Regional economic studies, amount set aside by FRBank of Atlanta for, and employment of Mr. George W. 1/13 Simons, Jr. in connection with Diof Program of FRBank of Philadelphia, views of Board 1/14 rectors with respect to 1/20 with Proposals of FRBank of Cleveland in connection FRBanks of Expansion of personnel of research departments 1/26 in connection with, discussed with Presidents stateDiscussion of, economist to be employed to direct, 2/26 ment of Chairman Eccles 2/26 , Statement of Mr. Eccles on progress of program Ilesearch activities of FRSystem, coordination, discussion of need for committee or appointment of national 12/15 director temporary of State Department project, policy re employment 11/24 staff for work on position financial study to Foa Appointment of Mr. Bruno 12/18 of Italy for http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1923 187 902 1181 1991-4 1733 1838 1512 74 80 100 137 305 305 1911 1733 1932 348 Pages SQ1-14 emental compensation: Discontinuance of payment to employees, letter to FRBank of Cleveland re regulation FRBank of St. Louis, payments on monthly or semi-monthly basis instead of quarterly, no regulation against Increase in, not approved by MB, letter to FRBank of New York 11)Vs: Bank deposits, ownership of, question to be presented to Presidents of FRBanks for discussion Report of discussion at Conference of Presidents Reports to be made by selected member banks Memorandum of Mr. Goldenweiser on results obtained and recommendation on obtaining regular reports Press statement summarizing principal results, approved Plans for further surveys and reports on, forms and instructions sent to FRBanks Correspondence of FRBanks re to be addressed to Mr. Woodlief Thomas of Division of Research and Statistics Results of, published statement, copies available to FRBanks To be made at end of January and July, each year, proposed plan Advisability of extending, letter to FRBank of Minneapolis Discussion in connection with study by Securities and Exchange Commission Press release re results of, copy given to Mr. Vinson , Next semiannual survey postponed to February 29, 1944 ciank deposits, Securities and Exchange Commission to make study of, at request of House Ways and Means Committee Examination requested by securities and Exchange Commission in connection with inflation study Discussion of study Conversation of Mr. Ransom with Mr. Vinson on study Permission for, refused by Budget Bureau Request to examine accounts of First National Bank of Eugene, Oregon, survey not approved by Bureau of the Budget e°mmittee for Economic Development, System not to undertake specific projects for Packing industry being conducted by FRBank of Chicago :1,alper industry by FRBank of Chicago, report of Mr. Young on xlesearch activities at eight FRBanks, revised report by Mr. Schultz to be given to Presidents and Chairmen of FRBanks Copy given to Presidents http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9/ 4 1281 7/12 1043 12/18 1934 2/26 3/2 3/25 309 333 430 776 5/25 7/ 8 1026 7/10 1031 7/10 1034 7/10 1034 7/10 1035 8/ 5 1159 9/23 1402 10/ 1 1446 12/31 2027 9/20 1383 9/20 9/23 10/ 1 10/ 6 1383 1400 1446 1469 10/22 1542 11/ 2 1606 1/26 137 1/26 137 10/18 1521 10/19 1528 349 Pages —eYs: (Continued) Retail credit, for 1943, continuation of and inclusion of liquid asset items approved Letter to FRBanks on collection of statistics in connection with "open market account: 8r8t Direct replacements of maturing securities held in, not discussed by Federal Advisory Council Documents for pledging securities between FRBanks and FRAgents in connection with participations PRnotes, securing by pledges of participations in direct obligations of United States in System open market account, proposed plan for, advice of approval requested by Board 12/ 9 1839 1/21 105 5/24 760 9/13 1337 7/19 1071 fir kltes: sank for International Settlements, question of FRBank of New York withholding Federal income taxes for income earned by Copy of letter from Commissioner of Internal Revenue re, sent to FRBank of New York Building of Board of Governors, controversy with District of Columbia, memo of Mr. Dreibelbis on Disclaimer to be executed by FRBanks, matter to be discussed by Mr. Dreibelbis with Mr. Keech, Corporation Counsel for the District of Columbia, before taking up with FRBanks Statement of Mr. Dreibelbis re, memo of Mr. Keech to be submitted to Commission before disclaimer executed by FRBanks Letter to Mr. Keech on obtaining disclaimer from FRBanks Corporations to be encouraged to anticipate and accumulate reserves for, discussion at meeting with Federal Advisory Council Xchange of information between State and Federal Governments on reciprocal basis, draft of bill to be considered by Council of State Governments 'm-land boom profits tax, letter to Bureau of Budget expressing approval of bill ?RBank of Chicago, employment of special counsel in tax matter approved Income on Treasury bills purchased or sold by foreign corporation, letter to Mr. Bell on method of determining http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/15 1060 10/ 6 1468 3/30 459 7/23 1087 11/23 1724 11/30 1797 5/24 764 1/8 50 11/29 1782 6/5 841 1/ 1 5 350 Pages (Continued) "Pay-As-You-Go" income tax, Board to furnish employees Withholding Exemption Certificate and to withhold proportion of salaries, effective July 1 Treasury bills purchased or sold by foreign corporation, method of determining taxable income on Victory, applicability to fees paid to directors of FRBanks for attending meetings Withholding on directors' fees, statements re from FRBank of Kansas City, no change in ruling received from Bureau of Internal Revenue iada, Jorge, trade scholarship program of Inter-American Affairs, employment by Board and FRBank of St. Louis in connection with To be employed under auspices of Coordinator of Inter-American Affairs Tel -egrams: Regulation V loans, collect, reimbursement by War Dept., Navy Dept., or Maritime Commission iftY Automatic Credit Plan of American Savings Bank of Atlanta considered violation of Regulation W Tick ets to Treasury War Bond show, distribution of 'e schedules, interdistrict: Changes in, submission to Board before becoming effective, unnecessary FRBank of Atlanta, changes approved FRBank of Chicago, change in, approved if agreeable to FRBanks of Atlanta and Kansas City Changes approved FRBank of Dallas, changes approved PRBank of Kansas City, changes approved Changes approved PRBank of Minneapolis, changes approved Tisi PRBank of St. Louis, changes approved 6/24 927 5/31 820 2/5 190 4/22 614 3/30 461 4/2 491 3/19 413 2/15 251 9/ 9 1311 7/17 1066 6/3 836 3/31 4/12 5/26 4/23 6/29 4/28 5/31 482 565 788 620 980 635 821 Assistant auditor at branches of FRBank of Cleveland, no objec12/31 2022 tion to use of Bank of South Haven, result of consolidation of Citizens State Bank of South Haven and First State Bank of 6/18 907 South Haven, Michigan Pidelity State Bank, Dodge City, Kansas, title used after consolidation of State Bank of Dodge City and 11/12 1672 Kansas State Bank McIlroy Bank & Trust Company, Fayetteville, Arkansas, advice re 12/21 1951 proposed change in title requested TN, associations, letter to number of, for opinion on types of instalment transactions with view to possible 1/i 3 amendment to Regulation W http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 351 Pages ansamerica Corporation: Acquisition of stock of Citizens National Trust and Savings Bank of Los Angeles, Calif., protests of independent bankers and replies by Board Axton-Fisher Company of Louisville, Kentucky, examination of, In connection with, loan of services of FRExaminers for assisting in Bank of America N.T. & S.A., question of affiliate relationship with, in connection with election of directors of FRBank of San Francisco View of Board on election of directors protested by, but no change in Brief re, request of Senator Downey to present before special House Committee Complaints against, other activities than banking, evasion of requirements prescribed by Comptroller of Currency Examination of: Loan of services of FRExaminers for assisting FRBank of San Francisco in Pacific Coast Mortgage Company, letter to Secretary of Commerce requesting permission to review files of RFC re Examiners engaged in examination of, increase in per diem during period of examination, approved Expansion policy, acquisition of stock of Citizens National Trust & Savings Bank of Los Angeles, Calif., telegram of Board stating opposition to Discussion in connection with holding company legislation Situation re examination of and legislation for, review by Chairman Eccles Expenses in connection with Mr. Leachman's work on matter, FRBank of San Francisco to be reimbursed by Board for First Trust & Savings Bank, Pasadena, Calif., participation in election of directors of FRBank of San Francisco Hearing on possible revocation of voting permit, statement of Mr. Dreibelbis on procedure for preparing case Mr. Leachman invited to Washington to discuss Investigation by Anti-Trust Division of Department of Justice Request for access to Board's files by Department of Justice, approved, material to be treated confidentially Legal assistance: Leachman, Neth, to go to San Francisco in connection with work on case of, services of partner in firm made available in the meantime http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/28 796 7/21 1077 11/ 4 1629-35 11/30 1792 5/25 772 4/6 504 7/21 1076-8 8/ 3 1152 7/27 1116 5/28 6/29 794 977 11/29 1759 / 4 1273 11/ 4 1629-35 6/i 826 6/i 827 11/29 1775 12/14 1898 8/ 3 1153 352 Pages TPansamerica Corporation: (Continued) Legal assistance: (Continued) Legal assistance, to be arranged for by Messrs. Eccles and 8/ 3 McKee 8/27 Stenographer for Mr. Leachman, salary arrangements for Loans made to Bank of America, Bankitaly Mortgage Company, and Pacific Coast Mortgage Company by RFC, permission to review files re at San Francisco re9/ 1 quested Ur. McKee authorized to confer with Mr. Collins re program for 4/ 6 Peoples Bank of Lakewood Village, California, relationship to be investigated in connection with application of bank to absorb two national banks and operate 1/19 branches Absorption of two national banks proposed and possible domination or control by Corporation discussed 3/17 Proposed plan for reorganization involving two other banks, copies of letters re sent to Mr. Thomas F. Ford, 5/22 House of Representatives 12/16 Policy of Board toward interests of, letter to Mr. Ford re Program of standards to be agreed upon by Board and other bank 4/6 holding companies, statement of Mr. McKee Resolutions for, letter of Mr. Charles W. Collins, Washington 4/6 representative for Giannini interests Robertson, Leachman, Payne, Gardere & Lancaster, payment of fees and expenses for legal services in connec11/ 5 tion with, approved Statement of policy with respect to, desired by Giannini interests 4/6 veJang expenses: Benner, Henry, FRExaminer, assisting in examination of Transamerica Corporation, Board to pay actual ex7/21 penses incurred, exclusive of salary Brown, Willis G., FRExaminer, voucher covering per diem during illness and travel expenses approved 2/4 Dunce, Arthur C., Division of Research and Statistics, voucher approved to cover cost of trip to Washington at 11/29 request of Board Cagle, C. E., additional expenditure for accommodations during July 17-21 approved 9/ 4 Connell, J. J., FRExaminer, additional expenditure for bedroom 10/ 5 approved Cooke, Robert W., Assistant FRExaminer, additional expenditure 10/ 5 for roomette approved Division of Research and Statistics, budget, additional amount 10/ 1 authorized for Eaton, Charles, Assistant FRExaminer, voucher approved to cover cost during August 1 to 15, 19L43 and additional expenditure for roomette 8/23 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1153 1250 1271 505 94 393 751 1922 504 503 1647 504 1076 188 1788 1288 1464 1464 1452 1235 353 Pages T Noreling expenses: (Continued) Eccles, M. S., Chairman, voucher for approved, including additional payment because no other accommodations available Evans, Henry W., FRExaminer, assisting in examination of Transamerica Corporation, Board to pay actual expenses incurred, exclusive of salary Examiners, increase in per diem also to cover examination of Buffalo Branch Gales, Jerome H., FRExaminer, assisting in examination of Axton-Fisher Company of Louisville, Kentucky, in connection with examination of Transamerica Corporation, Board to pay actual expenses incurred, exclusive of salary Gardner, Walter R., Senior Economist in Division of Research and Statistics, per diem increased for attendance at United Nations Relief and Rehabilitation Conference Haberler, Gottfried, reimbursement of expenses incurred on trip to Washington at request of Board, approved Reimbursement for round trip between Cambridge, Mass., and Washington, D. C. Hammond, Bray: Cash advances in connection with South America trip approved Per diem allowance while on trip to Paraguay Voucher approved to cover travel expenses of trip to South America Harley, Charles R., junior economist, per diem increased for attendance at United Nations Relief and Rehabilitation Conference Jones, L. H., FRExaminer, services for assisting in examination of Axton-Fisher Company of Louisville, Kentucky, in connection with examination of Transamerica Corporation, Board to pay actual expenses incurred, exclusive of salary Krug, Harold T., Assistant FRaaminer, voucher approved to cover cost during August 1 to 15, 1943, and additional expenditure for roomette Leachman, Meth, Dallas, Texas, expenses in coming to Washington to discuss Transamerica Corporation, to be borne by Board Voucher forms enclosed in letter to Mitchell, Arthur W., FRExaminer, assisting in examination of Transamerica Corporation, Board to pay actual expenses incurred, exclusive of salary Urff, Gordon R., payment of additional amount because other accommodations not available http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3/29 454 7/21 1076 11/26 1749 7/21 1077 11/17 1709 7/28 1121 9/ 6 1293 8/17 1208 8/ 5 1160 12/ 2 1803 11/17 1709 7/21 1077 8/23 1235 6/1 827 9/ 1 1268 7/21 1076 3/20 419 354 Pages TI'sveling expenses: (Continued) Paulger, Leo, voucher approved to cover additional expendi9/ 4 1288 ture for accommodations Schultz, T. W., Research Consultant, per diem and necessary 7/27 1108 transportation expenses approved Transportation request sent in connection with participa10/19 1532 tion in discussions at Conference of Chairmen Thompson, Andrew N., FRExaminer, additional expenditure for ac9/ 4 1288 commodations during July 17-21 approved Triffin, Robert A.: Cash advances in connection with South America trip ap8/17 1208 proved Member of mission to Honduras in connection with establishment of central bank, to be reimbursed by 5/19 734 Board 8/ 5 1160 Per diem allowance while on trip to Paraguay Voucher approved to cover travel expenses of trip to South 12/ 2 1803 America Wingfield, B. Magruder, Assistant General Attorney, expenses and per diem for services at Dallas to be paid 3/31 477 by FRBank of Dallas Voucher approved to cover cost during September 4-15 and 9/22 1398 additional expenditure for compartment ' Tl eadwell, Charles W. E., Senior Investigating Assistant, United States Army, reply to request that examiners scrutinize certain accounts of individuals and concerns in New York and Philadelphia Districts 89 1/16 during examinations, request not granted Treasurer of the United States: Checks drawn on, discussion of improper indorsement requested 3/6 349 by Mr. Warren, letter from Chairman Eccles 1$e asury bills: Holdings by FRSystem, publication of figures in FRBulletin and 4/3 497 weekly statement Purchase under resale agreement, report to be submitted at end 4/15 592 of each month Purchased or sold by foreign corporations, methods of determin1/1 5 ing taxable income on 5/31 821 Reply of Under Secretary of the Treasury sent to Mr. Sproul Safekeeping by FRBanks for others than banks, matter referred 8/20 1224 to Presidents' Conference Sale direct by Treasury to FRBanks, opinion of Mr. Eccles dis4/ 7 530 cussed Treasury Department: Bank holding company legislation, death sentence for, position 11/29 1761 in favor of type as suggested Bell, Daniel W., Under secretary of Treasury, of man to be considered as President of FRBank 2/22 284 of Cleveland http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 355 Pages 117easury Department: (Continued) Bills, direct purchase by FRBanks to create excess reserves, discussed by Federal Advisory Council Circular 176, revision at earliest date practicable To be revised and FRBanks to be requested to handle punchcard checks in meantime Deposits by counties requested for use in next victory loan campaign Fiscal Agency Conference, meeting on October 18-23, advice of Board's representatives to Fiscal agency operations, changes in procedure discussed by Presidents Fiscal agency operations of FRBranch banks, Series E, F, and G Bonds and tax notes, to be accounted for directly with Foreign Funds Control, releases to be published in FRBulletin for: May June September October November Fourth war loan drive, formula, statement by Mr. Bell re Meeting with members of FAC who are on a special committee of American Bankers Association, to discuss investment figure for Meeting with Committee on Fiscal Agency Operations re to be held on December 29, 1943 Telegram to FRBanks re expenses incurred by State chairmen Income on Treasury bills purchased or sold by foreign corporations, letter to Mr. Bell on method of determining for purposes of taxation International stabilization plans, Board's attitude re, expression of desired by Mr. White Legislation to enable States to borrow from FRBanks on Government securities, letters to Under Secretary Bell stating opposition of Board to Loans for purchasing or carrying Government securities, separate report of weekly reporting member banks, suggestion of, reconsideration requested by Board Meeting with Dr. White at FRBanks of Boston and Richmond to discuss stabilization plans, cancelled Mission to Honduras, in connection with establishment of central bank, Messrs. Bernstein and de Beers to be members of One-day certificates, use of to avoid overdrafts http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 5/24 3/17 760 402 4/ 2 492 1/12 67 10/ 5 1463 1/26 141 7/ 5 1016 4/19 5/26 8/20 9/17 10/25 12/ 7 607 790 1225 1361 1550 1817 12/ 7 1819 12/24 1970 12/24 1968 1/ 1 5 8/12 1195 11/30 1795 7/17 1066 10/ 6 1475 5/19 4/ 7 734 531 356 Pages l'reasury Department: (Continued) Participation of Board in discussion of fiscal agency matters, 6/29 essential, in opinion of Board September War Loan Campaign, telegram to FRBanks re cooperation 8/25 in Stabilization Fund Plan, meeting of technical experts re, Messrs. Goldenweiser and Gardner to represent Board, differences of opinion not to be ex6/15 pressed, letter to Mr. White re Stabilization program, central banks to have no control under, statement of Mr. Harrison in meeting of Board with executive committee of Federal Advisory Council 4/7 United Nations Bank for Reconstruction and Development, meeting 9/27 to discuss proposed outline for Tentative statement, plans for sending to Allied Governments and presentation to Congress, Board representa9/28 tives in agreement with U. S. Treasury War Finance Committee: 2/26 Presidents of FRBanks to be requested to serve as chairman Victory Fund Committee, directive personnel, salaries to be dis2/27 cussed with Mr. Buffington War financing organization on State basis, cooperation from FRBanks, satisfactory, statement of Secretary 7/23 Morgenthau T War loan deposit accounts at Branches, satisfactory to 8/ 9 l'easury financing: Drive expected in April, discussion by Governors of organization for 2/26 Fourth war loan drive, investment figure in, discussion of at meeting of executive committee of Federal Advisory Council with Board 12/ 7 Telegram to FRBanks re expenses incurred by State chairmen 12/24 Future, discussion of drives, certificates, and rates by Federal Advisory Council at meeting with Board 9/20 Offerings to bank and nonbank investors at separate times discussed 1/6 Discussion of 2/15 Tr , e"ury tax savings notes, Series C, use as collateral for loan by FRBank to commercial bank 1/4 easury War Bond Show: Employees of Board, complimentary tickets or two hours' leave allowed for 9/ 9 Tr), funds: Common, investment purchased by Mississippi Trust Co., question raised in connection with examination 4/30 Security-First National Bank of Los Angeles, investment of trust funds in own savings department, advice re 7/21 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 969 1239 886 531 1431 1435 303 316 1089 1178 303 1815 1968 1384 37 238 17 1311 650 1078 357 Pages !VI United Nations Bank for Reconstruction and Development, proposed outline, to be discussed at meeting at Treasury Tentative statement prepared at Treasury, plans for sending to Allied Governments and presentation to Congress, Board representatives in agreement with United Nations Food Conference to be held at Hot Springs, Va., beginning May 18, question of attendance by Mr. Walter B. Garver of FRBank of Chicago Question of representation of FRSystem, Chairman Eccles and Mr. Evans to decide matter Uni+ ued States Air Policy, post-war aviation, material re to be communicated to Dr. Goldenweiser nit Ued States Commercial Company: Authority of FRBank of New York to execute and deliver checks for account of in accordance with instructions of RFC, question of Uni+ kded States Commercial Corporation: FRBanks as fiscal agents for, proposed order to have Secretary of the Treasury designate United States Employment Service, handling of employment at FRBanks if classed as essential industries discussed United States Maritime Commission: Executive Order 9112, estimate of liability under, to be determined by Bureau of the Budget Guarantee agreement, minor changes in revised form as to guarantees executed by Guarantee agreements, interpretation of standard condition No. 9/27 1431 9/28 1435 4/13 573 4/13 574 10/15 1512 7/31 1139 6/21 917 3/2 334 4/6 523 4/16 596 8/ 2 1145 6 Guarantees of loans by, interpretation of condition on accept16 ance of increased orders by borrowers 1/4 Regional office at Philadelphia, letters re misunderstandings 5/17 726 with FRBank of New York, copies sent to FRBanks Regulation V, reimbursement of expenses under, tables prepared by Board for aid in 3/17 400 Salary and dividends payments of borrowers on Regulation V 11/12 1673 loans, letter to Admiral Land on Draft of second letter to Admiral Land written at request 11/24 1735 of Mr. Anderson, not to be sent Staff: Conkey, J. G., authorized to execute certificates for guar12/21 1953 antees, advice to FRBanks ConRegional Kramer, Ross M., designation as Alternate for 5/21 746 struction Cost Auditor, FRBanks advised Nolte, G. H., designated representative to execute certifi6/26 947 cates for war loans in Atlantic Region http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 358 Pages United States Maritime Commission: (Continued) Staff: (Continued) Peet, W. C., Jr., Secretary, replaced by Mr. A. J. 12/27 1982 Williams, advice to FRBank of San Francisco Williams, A. J., Secretary, replacing Mr. Peet, confirma12/27 1982 tion of appointment or signature not necessary War loans: Guarantee agreement, cancellation of contracts, letters sent to and comments requested 5/19 738 Progress reports and financial statements of borrowers, to be forwarded to Washington through Regional 5/19 738 offices Lt. Griffith, conversations with re proposed changes 4/ 6 510 United States Savings and Loan League, proposed amendment to Federal 5/25 774 Home Loan Bank Act, not favored by Board Universal C.I.T. Credit Corporation, New York, N. Y.: Regulation W, enforcement of compliance by banks and loan com8/19 1216 panies, letter from Board uguay, bankers' mission from, program to be under direction of 462 Mr. Hammond 3/30 "V" 7"ellburg, Senator Arthur H., reply to letter on purpose and scope of Regulation Vi //areY-Shea Bag Corporation of Elizabeth, N. J., proposed amendments to guarantee agreement, letter from War Department re V• ermllya-Brown Company, Inc., payment for services re appraisal of construction costs of buildings for FRBank of New York lieterans of World War II, no report on S. 1341 to provide for loans to pay debts at date of discharge Vt olations: Banking laws by member banks, procedure for reporting to Department of Justice Regulation W: American Home Renovating Co., Wilkes-Barre, Pa., extension of credit in excess of 12 months Brookline Savings & Trust Company, Pittsburgh, Pa., investigation re to be completed Camden Trust Company, Camden, New Jersey, matter to be held in abeyance pending amendment of National Housing Agency Order No. 60-4 Consumers Home Equipment Co., Detroit, Michigan, Order for Hearing to determine suspension of license, to be issued if necessary press statement sent to FRBank of Chicago for of Draft suggestions http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2/17 264 5/ 8 687 8/18 1212 9/23 1410 3/10 360 10/28 1570 10/28 1571 8/ 2 1146 12/14 1862-9 12/18 1938 359 Pages Vi olations: (Continued) Regulation W: (Continued) Consumers Home Equipment Co.: (Continued) Proposed order for suspending license Order suspending license Greenbaum, Max, possible courses of action suggested to FRBank of St. Louis Mail orders, elimination of violations re, policy adopted by Spiegel, Inc., and simpler procedure suggested by Board Mitchell Clothing Company stores, form of agreement for closing of stores for one week Proposed order and press statement to be signed by Mr. Mitchell Order suspending license Morris Plan Bank of Georgia in Atlanta, section 8(e), roofing and siding, letter to FRBank of Atlanta National Box and Lumber Company, Newark, N. J., investigation re to be completed Reports on enforcement activities of FRBanks Shaw Rogers Co., Akron, Ohio, suggestions to FRBank of Cleveland as to action Speck Roofing Company, New Kensington, Pa., investigation re to be completed State Finance Company of Des Moines, Iowa, further investigations to be continued Sterling Roofing Company, Clearfield, Pa., extension of credit in excess of 12 months Trust Company of New Jersey, investigation re to be completed Legislation to exempt guaranteed war production loans from limitations of State laws, now not necessary 12/28 12/29 1986 2005 2/18 267 11/16 1704 6/17 902 6/19 6/24 912 931 7/16 1063 10/28 1570 5/ 8 689 4/ 1 486 10/28 1571 7/ 3 1013 10/28 1571 10/28 1570 11/19 1715 Messrs. Hammond and Triffin to South American countries, letters of appreciation to banks for courtesies extended 12/16 1923 110qn permits: First National Bank of Miami, Florida, general permit to vote stock of Coral Gables First National Bank, Coral Gables, Florida, issued 12/ 6 1812 First National Holding Corporation, Miami, Florida, determined to be holding company affiliate, determination of 1935 rescinded, voting permit necessary to vote stock of Coral Gables First National Bank, Coral Gables, Florida 5/25 782 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 360 Pages V• °tang permits: (Continued) First National Holding Corporation: (Continued) General permit to vote stock of Core] Gables First National Bank, Coral Gables, Florida, issued, advice as to restrictions on actual net earnings for divi12/ 6 dends First Securities Corporation of Syracuse, N. Y., limited permit granted to vote stock of four banks and annual 1/ 2 report to be submitted Investment and Securities Company, Spokane, Wash., issued limited permit to vote stock of two national banks and 1/ 2 annual report to be submitted Northwest Bancorporation, Minneapolis, Minn., granted general permit to vote stock of Hill County State Bank of Havre, Montana 4/13 Old National Corporation, Spokane, Washington, issued limited permit to vote stock of two national banks and 1/ 2 annual report to be submitted Republic National Company, Dallas, Texas, should be obtained while relationships with First National Bank of 1/ 8 Waco and Liberty State Bank exist Granted limited voting permit to vote stock of national bank 1/12 and State member bank Transamerica Corporation, hearing on possible revocation of, procedure for preparing case 6/ 1 Ir°ting trusts organization covering stock of national banks, letter 1/23 to Bodkin, Breslin, and Luddy 11chers: Brown, Willis G., FRExaminer, travel expenses covering per diem during period of illness and transportation 2/ 4 charges to home station approved Dunce, Arthur C., Division of Research and Statistics, to cover travel expenses of trip to Washington at request of Board 11/29 Eaton, Charles, Assistant FRExaminer, travel expenses for August 1 to 15, and additional expenditure for roomette 8/23 Eccles, M. S., Chairman, travel expenses approved, including additional payment because no other accommodations available 3/29 Executive Order 9112, requesting reimbursement for expenses re, procedure for submission of 6/ 4 Expenses in connection with Transamerica Corporation, to be paid upon advice from General Attorney 9/ 1 Haberler, Gottfried, reimbursement of expenses incurred on trip 7/28 to Washington at request of Board, approved Hammond, Bray, cash advances in connection with South America 8/17 trip approved 12/ 2 Travel expenses covering trip to South America approved http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1812 8 9 583 9 48 65 828 118 188 1788 1235 454 840 1268 1121 1208 1803 361 Pages Vouchers: (Continued) Krug, Harold T., Assistant FRExaminer, travel expenses for August 1 to 15, 1943, and additional expenditure for roomette Leachman, Neth, letter from Board re Transamerica Corporation case, voucher forms enclosed Murff, Gordon R., for travel expenses, approved Overtime compensation to employees of FRBank of Philadelphia for assisting in examination of FRBank of New York approved for payment and revision of arrangement being considered Paulger, Leo, additional expenditure for accommodations during July 19 - August 9, 1943, approved Ration banking, submitted by FRBanks, to be sent to regional offices of Office of Price Administration for payment Reimbursable expense, tables prepared by War Department and Board sent to FRBanks Triffin, Robert A., cash advances in connection with South American trip approved Travel expenses covering trip to South America approved Wingfield, B. M., Assistant General Attorney, for expenses incurred while at FRBank of Dallas approved Travel expenses during September 4-15 and additional expenditure for compartment approved National Service Life Insurance, not eligible for, legislation pending agner, Senator Robert F., letter in connection with inquiries re Board's ruling on absorption of exchange charges Wars bonds: War (See savings bonds) War Department: Branch of Chase National Bank at Cairo, Egypt, establishment to be taken up with Collection charges for checks, advice that FRBanks do not make, correction suggested for erroneous statement in publications Executive Order 9112, estimate of liability under, to be determined by Bureau of Budget Guarantee agreement, revised form, interpretation of clause 3, paragraph B, section 10, letter on Guarantees and loans of FRBanks, memo signed by Colonel Mechem sent to FRBanks and liaison officers Military Government Division of the Army: International finance, central banking, etc., FRBanks requested to send names of men qualified in http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8/23 1235 9/ i 1268 419 3/20 1/28 153 9/ 4 1288 3/31 482 3/17 399 8/17 1208 12/ 2 1803 7/10 1041 9/22 1398 4/ 6 520 12/13 1859 11/23 1723 7/ 5 1018 4/6 523 5/ 5 666 3/22 421 2/23 293 362 Pages War Department: (Continued) Military Government Division of the Army: (Continued) Shoemaker, Colonel James H., revision of material for Military Government Handbook 5/29 803 Military Government Handbook: Chapter on money and banking, studies to be undertaken by Board for 2/4 187 Mr. Yang employed to translate Japanese articles for 9/15 1354 Status of material being prepared for by Division of Research and Statistics 5/29 803 Regulation V, reimbursement of expenses, certification of vouchers for uncertain by 3/17 399 Varey-Shea Bag Corporation of Elizabeth, N. J., proposed amendments to guarantee agreement, comments on last paragraph of letter and form of proof of claim, requested by Board 5/8 687 War loans, guarantee agreement, cancellation of contracts, letters sent to and comments requested 5/19 738 Guarantees in connection with Lend-Lease Administration, agreement with for protection of funds desired 4/6 510 Guarantees for Lend-Lease Administration, procedure to be followed, copy sent FRBanks 5/1 654 War financing: Expenses in connection with war loan drive, discussion of reimbursing FRBanks for 7/23 1088 Government securities, question of bank loans on, during April drive 527 4/7 War loan drives, separation of bank from nonbank financing in, to be discussed with Chairman Eccles by Federal Advisory Council 5/24 770 Question of absorption of costs by FRBanks, no commitment to be made in light of decision of Treasury to relieve the System of responsibility for nonbank financing drives 6/29 961 Survey of ownership of deposits, information to be valuable in connection with 7/10 1035 FRBanks to tabulate securities sold, but to be reimbursed by Treasury 7/23 1089 Telegram to FRBanks re cooperation in 8/25 1239 Sale of securities to insurance companies, to be handled by State War Finance Committees, FRBanks to be advised 8/25 1241 September, authorization for payment of expenses by FRBanks, Messrs. Szymczak and Smead to discuss matter with Mr. Bell 8/25 1241 Fourth, investment figure in, discussion at meeting of executive committee of FAC with Board 12/ 7 1815 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 363 Pages War Labor Board: Salaries at FRBanks, procedure for increasing maximum salaries in personnel classification plan discussed with 1/13 War loan deposit accounts: Bill before House to exempt from FDIC assessments, enactment of desired before presentation of letters re direct obligations of U. S. as collateral 3/30 War loans: Amendments to FRAct, War Loan Deposit Accounts, to be published in May issue of FRBulletin 4/19 Amendments of guarantee agreements and consents and waivers under guaranteed loans, memo from War Department, copy sent to FRBanks 10/ 6 Application for guarantee of loan, declined by Navy Department, memo re sent to FRBanks, position taken not a general policy under Regulation V 6/14 Applications for Navy Department guarantees, memo from Navy Department on essential points in drawing up bank credit agreements, copy sent to FRBanks 12/11 Applications, submitted to the Services and Maritime Commission, information to be included in reports re by FRBanks 8/ 2 Assignment of collateral in connection with new loan when assignment had previously been made in connection with earlier guarantee agreement 1/22 Bill 3-700, exempting war loan deposits from reserve requirements, to necessitate revision of form F. R. 414, discussion of 4/13 Book to be published by American Bankers Association, comments on forwarded by Board to Mr. French, also copies to War and Navy Departments 5/29 Minor changes suggested in example under answer to Question 32 6/16 Broadened program to free working capital upon termination of contracts, information re, press statement sent to FRBanks 8/31 Budget Bureau, information desired by to be obtained from Board's offices 3/30 Cancellation and renegotiation of contracts, Mr. McKee designated to represent Board on Committee of Presidents' Conference 2/24 Committee appointed by Presidents' Conference to consider 5/24 Problems re discussed at meeting of executive committee of FAC with Board 10/ 6 Carbonic Specialties Company, interest on funds for period from date of purchase to date loan was paid, no claim to be submitted to War Department by FRBank of San Francisco 7/23 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 68 458 607 1467 882 1857 1144 112 566 812 897 1263-5 471 297 764 1471 1095 364 Pages 'War loans: (Continued) Commitment and other fees, re guarantee loans: 5/1 Proposed rate, comments of FRBanks requested 5/12 Amount approved Service or handling fee not to be charged borrower, telegram sent to Detroit Branch, FRBank of Minneapolis, War and Navy Departments, and Maritime 5/18 Commission No change which would enlarge charges to borrowers to be 7/ 5 made at present, letter to FRBank of Cleveland Not to exceed 1/2 of 1 per cent per annum, in guarantee agreements to free working capital upon cancel8/30 lation of contracts In excess of 1/4 of one per cent, under new form of guarantee agreement, letter to First National Bank of Boston 9/ 3 Interpretation of special condition re, letters sent to FRBanks and the Services 12/22 Commitments re terminated contracts, opinion rendered by Attorney General, and time required by Navy Department for consideration of applications, letter to Under Secretary Forrestal re 12/10 Committee to study various aspects of, recommendation of Presidents Conference on creation of 1/26 7/15 Condition No. 6, letter from Maritime Commission Correspondence between FRBank of New York and Regional Office of Maritime Commission at Philadelphia on misunderstandings between 5/17 Deposit accounts: Assessment by FDIC for deposit insurance, relief to be sought 1/6 Branches, satisfactory to Treasury Department 8/ 9 Collateral, especially of smaller banks, discussed by Federal Advisory Council 5/24 Condition reports showing excess collateral pledged against, letter to FRBanks re 6/19 Reserve requirements, exemptions from, telegram to FRBank of San Francisco 4/27 Executive Order proposed by War Shipping, not satisfactory to Board 4/6 Executive Order 9112, estimate of liability of armed services and Maritime Commission under, to be deter4/6 mined by Bureau of Budget Proposed order making provisions applicable to Lend-Lease and War Shipping Administrations, to be restricted to reimbursement of War Department 4/10 and Maritime Commission, suggestions of Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 654 712 731 1015 1258 1277 1957 1849 141 1060 726 30 1178 761 913 631 512 523 557 365 Pages War loans: (Continued) Executive Order 9112: (Continued) Revised draft of, applicable to Lend-Lease and War Shipping Administrations, no objection by Board 4/16 Executive Order No. 9336, Lend-Lease and War Shipping Administrations, authorized to indemnify War and Navy Departments and Maritime Commission re guarantees made for benefit of 4/28 Fees, deductions for overdeposits, on behalf of War Department, copy of memo re from Army Service Forces 5/26 Fees to Squire, Sanders and Dempsey for services in connection 11/27 with Final settlement of terminated war contracts, revised resolution adopted by Federal Advisory Council and transmitted to Board, copies to be sent to proper authorities 11/16 Finance section of Navy Department, restatement of duties of 8/14 Funds to contractors in connection with termination of war contracts, no objection to report of Navy Department on H.R. 3022 with addition of provision stated 7/10 General Motors Corporation, request for photostatic copies of documents re guarantees 4/10 Government contracts, cancellation at end of war, procedure for, discussed by Federal Advisory Council 5/24 Guarantee agreements: Amendments to, reply of War Department to letter from Mr. Schlaikjer 1/ 8 Amendments to those executed by FRBanks pursuant to delegated authority 1/28 Amendment of, memo from War Department re, copy sent to FRBanks 7/ 1 Calculation of ratios for adjustments under, copies of letter re and replies from Services sent to FRBanks 11/ 6 Cancellation of contracts, letters re sent to the services, comments requested 5/19 Cancelled contract, interpretation of adjustments based on, correspondence re with FRBank of Cleveland 6/23 Cancellation of terminated, memo from War Department modifying procedure re, copy sent to FRBanks 12/11 Change in condition re by Maritime Commission to avoid conflict with Section 18 6/26 Changes in connection with Brewster Aeronautical Corporation loan, Lieutenant Chase of Navy Department advised of course re 6/15 Changes in revised form re Maritime Commission 4/16 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 597 634 787 1757 1698 1203 1039 561 762 49 154 997 1649 738 923 1856 948 891 596 366 Pages War loans: (Continued) Guarantee agreements: (Continued) Commitment and other fees to be charged borrower, proposed telegram re to be submitted to the Unitary services 5/ 4 660 Computation of adjustments under provision of Sec. 6, memo of Navy Department 11/25 1749 Computation to be continued on straight 365-day basis during 1944, advice to FRBanks 12/ 4 1810 Computation on 360-day basis, procedure to be followed, letters re sent to the Services 12/21 1952 Contracts included under, words "Section 6 (A)" in paragraph (C), Section 19, to be changed to "Section 6" 5/ 4 659 Extension of time for, memos from War and Navy Departments and Maritime Commission, copies sent to FRBanks 10/28 1569 Maritime Commission's standard condition No. 6, effect of, letter to FRBank of New York 8/ 2 1145 Memo from Lt. Colonel Cleveland 3/27 448 Memo from War Department re sections 5 and 6 3/29 451 Method of determining guarantees under Section 16, either method 1 or 2 to be used, as indicated in telegram of FRBank of Cleveland 6/19 912 New draft of revised form to be sent to Comptroller of Currency for opinion on 496 4/ 3 New form for agreements now outstanding, memo from War Department, copy sent to FRBank of San Francisco 5/18 732 Participation certificate, memo from War Department re form of 11/12 1673 Participation certificates for the Services, forms sent to FRBanks 10/28 1569 Photostats, furnishing to borrowers, memo from War Department and letter from Under Secretary of Treasury 4/16 597 Procedure to be followed in connection with sections 5 and 6, copies of memoranda from the Services sent to FRBanks 10/14 1509 Proposed amendment to instructions of Navy Department re section 1(a), memo received from War Department, no action to be taken until further notice 6/10 870 Proposed modification by War Department, compliance with term "unconditional", advice of Comptroller of the Currency requested 8/26 1246 Revised draft sent to FRBanks and others 3/ 1 322 Revised standard form, telegram to FRBanks on number of copies needed 3/18 405 Revised, to be published in FRBulletin 3/19 414 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 367 Pages War loans: (Continued) Guarantee agreements: (Continued) Revised copy submitted to Comptroller of Currency April 3, approval expected 4/ 6 Revised form to be printed and distributed at Board's expense, approved 4/ 6 Revised form of, compliance with term "unconditional", letter from Comptroller of Currency re Revised form of April 6, approved by War Agencies ii://4 Revised form, press statement re 4/17 Revised form of April 6, clause 3, paragraph B, section 10, meaning of, letter to FRBank of Chicago 5/ 5 Revised form, procedure for substituting, letters re sent to FRBanks 9/ 8 Section 6(B), memoranda from Navy and War Departments re interpretation of certain provisions of 11/22 Sections 5 and 6, memo from Navy Department re adjustments under 12/15 Standard form of, conferences of services now being held 3/10 To free working capital upon cancellation of contracts, commitment fees not to exceed 1/2 of 1 per cent per annum 8/30 Warren City Tank and Boiler Company, guarantee fee waived 3/30 Guaranteed: By Maritime Commission, progress reports and financial statements of borrowers, to be forwarded to Washington through Regional offices 5/19 By Navy Department, memo from Navy Department re 9/11 By Navy Department, memo re awarding of new contracts to borrowers having 5/26 Extension of maturities, procedure outlined in letter from Colonel Cleveland sent to FRBanks 1/22 Extension of maturities in accordance with memo of War Department, letter to FRBank of New York re authority of FRBanks for consent to 8/10 Extensions of maturities of, memo from War Department re, copy sent to FRBanks 10/ 7 Memo of War Department regarding accrued interest on 12/29 Monthly and quarterly reports, to be made to Armed Services and Maritime Commission on cases requiring special attention 5/26 90% or more, report on status requested from FRBanks by Navy Department 3/]392/ Outstanding, copies of revised form 579 sent to FRBanks Photostatic copy of document designating FRBank of New York as fiscal agent, requested by borrower 4/10 Proposed amendment exempting from limitations of State banking laws, enactment in Virginia and South Caro11/19 lina not necessary http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 507 507 541 601 666 1300 1721 1916 358 1258 1259 738 1334 788 111 1184 1479 2005 787 481 206 550 1715 368 Pages War loans: (Continued) Guaranteed: (Continued) Purchased under guarantee agreement, report form F. R. 579, procedure to be followed Suit against, procedure to be followed, letter expressing views of the Services re, suit to be brought in name of United States, opinion of Board Mere borrower is contractor with Quartermaster Corps of Army, memo of War Department on Guarantees and loans of FRBanks made under decentralization of authority granted by War Department, memorandum of Colonel Mechem Guarantees: Application form, item re control of stock added to By Maritime Commission for financing War Shipping Administration contracts, letter re and list of representatives authorized to execute requests for guarantees, copies sent to FREanks By Maritime Commission, interpretation of condition on acceptance of increased orders by borrower By Maritime Commission, Mr. J. G. Conkey authorized to execute certificates of By Reconstruction Finance Corporation, adoption of minimum and maximum fees of loan rate being considered For Lend-Lease Administration, War Department procedure to be followed, copy sent FRBanks Harris Trust and Savings Bank, answers to questions of Mr. Brown sent by War and Navy Departments Letter of Mr. Mark A. Brown, Vice President of Harris Trust and Savings Bank, Chicago, Illinois, copy of answer sent to War and Navy Departments Of War Department in connection with Lend-Lease Administration, agreement with, for protection of funds desired Received from Reconstruction Finance Corporation, not necessary for FRBanks to make detailed investigations and the minimum and maximum fees fixed Statement re by Mr. Wiggins, President of American Bankers Association Statements of necessity issued in connection with, memo from War Department Reconstruction Finance Corporation to be submitted to To Advance Payment and Loan Branch of bar Department for prior approval Where performance and payment bonds are required, copy of memo from War Department sent to FRBanks http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6/ 3 835 6/25 941 2/ 3 181 3/22 421 4/20 612 5/17 725 1/ 4 16 12/21 1953 2/ 6 195 5/ 1 654 6/ 5 849 5/29 811 4/ 6 510 2/10 211 11/15 1688 9/ 8 1301 2/ 6 194 10/20 1534 369 Pages War loans: (Continued) Inventory position of borrowers, failure of banks to interest themselves in, discussed by Mr. McKee with Presidents Kramer, Ross M., designated Alternate for Regional Construction Cost Auditor for Pacific Region of U. S. Maritime Commission, advice of Lend-Lease Administration, Executive Order No. 9112, extension of authority to include, desired by Loan agreement for "straight" loans, draft by FRBank of New York, letter re from Board Memo from War Department commenting on, letter to FRBank of New York Loans in distress, guaranteed by War Department, procedure to be followed, memo from War Department Maritime Commission, Mr. G. H. Nolte designated representative to execute certificates in Atlantic Region Naval inspectors, request of financing institution for advice as to terms of payment and current status of advance Navy Department, appointment of Edward B. Smith as Assistant Chief of Finance Section, advice of Navy guarantees, memo re Liaison Officers furnishing information concerning necessity and ability of applicants for, to perform under Army contracts Operations under executive order, copies of all memoranda to be forwarded directly to liaison officers "Out-of-pocket expenses", overhead expenses not regarded as, letter to Detroit Branch Letter to Detroit Branch as to items included Payments due Navy Department, instructions to FRBanks for remitting Personnel attached to Finance Section of Navy Department, copy of memorandum sent to FRBanks Post-war conversion, discussion as research problem for Board Procedure for guaranteed loans for which the repayment prospect is threatened, memo of War Department sent to FRBanks for comments Proposed book re war financing, suggestions on proofs to be sent to Mr. French, Deputy Manager of ABA Publicity re, not to be given out by FRBanks until requested by the Services Purchased on behalf of Navy Department, memorandum sent to FRBanks Regulation D, amendment exempting war loan deposits from reserve requirements, approved Reimbursement for telegrams sent by FRBanks in connection with Renegotiation of contracts, problems re, discussion at meeting of executive committee of FAC with Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1/26 143 5/21 746 4/ 6 510 9/11 1335 12/ 1 1802 9/13 1337 6/26 947 2/ 3 181 8/14 1203 5/26 788 2/ 1 175 5/27 6/11 873 3/27 448 6/11 6/29 957 1/29 160 5/28 798 12/29 2005 6/23 923 4/13 3/19 413 10/ 6 794 872 572 1471-3 370 Pages War loans: (Continued) Reserve computation form, revised, proceeds of sales of War Savings Bonds to be included with "War loan deposits of U. S. Government" Resolution re loans of $25,000 or less made by Smaller War Plants Corporation, adopted by Executive Committee of FAC, statement to be presented to Board with request that copies be sent to WPB and to Corporation Adopted by Executive Committee of FAC Salary and dividend payments of borrowers on loans guaranteed by Maritime Commission, present procedure deemed adequate, letter to Admiral E. S. Land Draft of second letter to Admiral Land written at request of Mr. Anderson, not to be sent S. 700, exempting war loan deposits from reserve requirements, signed by President Small subcontractors, problems confronting, discussed at meeting of executive committee of FAC with Board Smaller War Plants Corporation, authorization to make guaranteed loans, discussion of, statement to be prepared by Federal Advisory Council and submitted to Board for transmission to proper authorities Letter in response to Board's letter transmitting copies of resolution re loans of 125,000 or less, acknowledgment sent to Messrs. Carter and Smith Special committee of Presidents' Conference, meeting to be held in Washington Standard conditions, memo from Maritime Commission re applications Sub-committee appointed by Presidents' Conference to study aspects of lending under Regulation V, Mr. Smead appointed to represent Board on Tax notes, reply of War Department on use to meet renegotiation payments Termination loans: Answers by Tar and Navy Departments and Maritime Commission to questions re VT loans, sent to FRBanks Cancellation of contracts, discussion by Federal Advisory Council at meeting with Board Need for, discussed at meeting of executive committee of FAC with Board Termination of war contracts, to be considered at meeting of Federal Advisory Council with Board http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/17 602 12/ 7 1820 12/ 7 1826 11/12 1673 11/24 1735 4/13 572 10/ 6 1472 11/15 1687 12/23 1963 9/ 3 1275 5/21 746 4/7 536 1/28 154 9/11 1329 9/20 1377 10/ 6 1471 11/15 1687 371 Pages War loans: (Continued) Termination of war contracts: (Continued) Resolution adopted by Federal Advisory Council re, discussion at meeting of Council with Board as to wham it should be sent, Board in agreement with res11/15 olution Mr. Hendrickson sent with, letter from Terms used in connection 9/24 to FRBanks to clarify any confusion in amendElizabeth, N. J., proposed Corporation of Varey-Shea Bag ments to guarantee agreement in case of, letter 5/8 from War Department re VT credit, policy re side credit to finance war production after 10/ 8 provision of, memo from War Department VT loan agreements, suggested formula for, memo from War Depart10/33 ment commenting on, letter to FRBank of Boston VT loans: Commitment commissions, memo from War Department, copy sent 10/29 to FRBanks Extension of credit to borrower for working capital, state9/21 ment to FRBank of Dallas to be disregarded Insertion of additional sentence in memo of October 1, re10/ 7 quest of Navy Department Payment of interest by Financing Institution and Guarantor and extension of credit to Borrower for working capital, letter answering Questions of FRBank of Dallas, copies sent to War and Navy Depart9/18 ments and Maritime Commission Working capital needed to finance war production contracts, memo from Navy Department re sent to FRBanks 10/ 2 Vouchers for reimbursement for expenses in connection with, procedure for submitting 6/4 "War contract termination legislation", letter of Comptroller General to Senator Murray re, copy sent to 10/ 7 FRBanks War Loan Financing, statements on guarantee agreement and National Bank loan limitations, to be published in May issue of FRBulletin 4/19 War Shipping Administration, Executive Order No. 9112, exten4/6 sion of authority to include, desired by 8/30 Warren City Tank and Boiler Company, guarantee fee waived War Manpower Commission: Agency Committee on Deferment of Government Employees to submit requests for deferment instead of list of key positions at present 4/9 Bureau of Program Requirements, Mr. Stocking, Associate Director, to be advised that if request for classification of FRBanks as essential activities appears not to be granted, Board desires decision to be 5/12 postponed http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1689 1414 687 1484 1586 1575 1391 1479 1370 1453 840 1479 607 510 1259 544 702 372 Pages War Manpower Commission: (Continued) Deferment from military service, request made by Board for Mr. J. Burke Knapp, Assistant Head of International Section 7/ 7 FRBanks as essential industry, ruling to be requested on 1/26 Information on key positions to be furnished to 2/ 8 Further action urged to secure classification of 3/ 2 Request by Board for declaration as 4/20 Reluctant to classify, question to be discussed by Essential Activities Committee 5/12 Policy discussed at meeting with Federal Advisory Council 5/24 Designated as essential activities by 6/24 List of key positions submitted by Board, approved 3/15 Staff: Stocking, Mr., report of Mr. Leonard on statements as to FRBanks as essential activities 5/12 War Production Board: Conservation Order L-41, no change contemplated in Amendment No. 6 to Regulation W because of 11/11 Letter to Dealers Building Products Co., in reply to their letter 12/ 3 Resolution re loans of $25,000 or less made by Smaller War Plants Corporation, adopted by Executive Committee of FAC, statement to be presented to Board with request that copies be sent to WPB and to Corporation 12/ 7 Advice of adoption and copies sent to Mr. Donald Nelson 12/ 7 War savings bonds: Bank loans to purchase, question brought up by Mr. Harrison in Federal Advisory Council meeting 4/7 Branch banks, suggested handling by 4/ 9 Discontinuance of Series F and G, and possibly modification of Series E, to be discussed by Federal Advisory Council with Chairman Eccles 5/24 Partial-payment plan, brief re to be sent to Board by Mr. Harrison 4/ 7 Redemption of, charge for, question to be discussed with Treasury by American Bankers Association 10/ 6 Discussion at meeting of Federal Advisory Council with Board 10/ 6 Redemption of Series E up to $100 maturity value in cash instead of by check suggested by Presidents' Conference 1/26 Time certificates of deposit, withdrawal for purchase of bonds, no change in situation 9/ 4 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1022 134 199 332 613 700 766 929 367 700 1667 1807 1820 1826 527 551 770 529 1470 1470 lo 1287 373 Pages War Shipping Administration: Executive Order No. 9112, extension of authority to include desired by Proposed order making provisions of applicable to, to be restricted to reimbursement of Maritime Commission, suggestion of Board Revised draft making provisions applicable to, no objection by Board Executive Order 9336 authorizing to indemnify War and Navy Departments and Maritime Commission in connection with war loan guarantees Guarantees executed by Maritime Commission for financing contracts of, and names of representatives authorized to execute requests Washington: Fiduciary powers, exercise by Bank of California, N.A., San Francisco, Calif., in NNLS: National Service Life Insurance, eligible for Welfare and Recreational Association: , Present agreement cancelled and new agreement approved White international stabilization plan, amendments to suggested by Lord Keynes, to be discussed at meeting at Treasury Comments of officers and directors of FRBanks requested . Discussion of I'dinship, Major General Blanton, Coordinator of Inter-American Defense Board, letter on reimbursement for space occupied in Board's building and other details of arrangement Wisconsin: Savings bonds, Series G, question of order re carrying by State banks at redemption value qthdrawals from FRSystem: Bank of Millen, Georgia, six months' notice waived and permission for immediate approved Permission to FDIC to examine for continuance of insurance after withdrawal from membership Central Bank, Swainsboro, Georgia, application for immediate approved and permission to FDIC to examine in connection with continuance of insurance granted Jackson State Savings Bank, Maquoketa, Iowa, six months' notice waived and permission for immediate granted Liberty State Bank & Trust Company, Mount Carmel, Pa., six months' notice waived and permission for immediate granted http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4/6 510 4/10 558 4/16 597 4/28 634 5/17 725 2/27 318 4/6 520 2/1 168 9/28 1436 6/25 943 6/1 823 1/25 121 12/28 1984 ii/30 1791 12/ 3 1806 9/30 1/,42 6/7 852 11/ 9 1653 374 Pages Withdrawals from FRSystem: (Continued) Pine Lam Bank and Trust Company, Pine Lam, Mo., hearing on compulsory forfeiture of membership Mr. Wyatt to 11/29 1781 conduct Planters Bank & Trust Co., Thomaston, Alabama, matter of withdrawal to be held in abeyance pending further advice from president 3/31 481 Women's Reserve of U. S. Marine Corps: 4/6 520 National Service Life Insurance, eligible for Woosley, H. W., par clearance situation, correspondence re 12/24 1973 World Stabilization Fund, report on proposed plan prepared by Mr. Gardner and Mr. Thurston to prepare memo to be used by Chairman Eccles in meeting with Secre2/11 tary of Treasury 225 Young, Ralph, report of Mr. Eccles on conferences as to employment, unable to complete arrangements http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7/ 2 1004
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