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INDEX
January - June
1
1 9 1 8
Page
Accept up to 100, power to, granted
American National Bank of Terrell, Texas
Bank of Manhattan Co., N. Y.
Bank of New York, J. Y.
Bank of North America, Philadelphia, Pa.
Beacon Trust Co. of Boston, Mass.
Canal Bank & Trust Co. of New Orleans
Citizens & Peoples National Bank of Pensacola, Fla.
Citizens Bank of Norfolk, Va.
Corn Exchange National Bank of Chicago
Corn Exchange National Bank of Philadelphia
Dedham National Bank of Dedham, Mass.
Drovers National Bank, Chicago, Ill.
'F;xcialange National Bank of Dallas, Texas
Farmers Loan & Trust Co. of New York
First National Bank of Pittsburgh, Pa.
First National Bank of Terrell, Texas
Fort Dearborn National Bank, Chicago, Ill.
Fourth-Atlantic National Bank, Boston, Mass.
Hamilton National Bank, of Chattanooga, Tenn.
Hibernia Bank & Trust Co. of New Orleans
Interstate Trust Co. of New Orleans, La.
Macon National Bank, Macon, Ga.
rarine Bank & Trust Co. of New Orleans, La.
Mercantile Trust Co. of St. Louis, Me.
Merchants-Laclede National Bank of St. Louis, .110.
Merchants Loan & Trust Co., Chicago, Ill.
Merchants National Bank, Now York City
Merchants National Bank, Vicksburg, Miss.
National Bank of Commerce, Baltimore, Md.
National Bank of New Jersey
National City Bank of Chicago, Ill.
Peoples National Bank of Pittsburgh, Pa.
Peoples National Bank of Rock Hill, S. C.
Phoenix National Bank of Hartford, Conn.
Scandinavian Trust Co. of New York
Second National Bank of New York
Springfield National Bank, of Springfield, Mass.
State Street Trust Co. of Boston, Mass.
Union & Planters Bank of Memphis, Tenn.
Union Commerce National Bank of Cleveland, Ohio
Union National Bank of Houston, Texas
U. S. Mortgage & Trust Co. of New York, N. Y.
U. S. National Bank of Portland, Oregon
6/5
1/28
3/23
3/13
5/6
3/13
3/29
3/8
4/15
1/28
4/8
3/27
2/20
2/18
4/17
5/3
3/27
4/24
5/10
6/27
2/25
4/16
6/25
3/11
3/18
2/6
4/24
4/16
3/23
2/6
2/13
1/25
2/20
6/29
4/1
1/21
1/23
1/25
4/17
2/23
4/12
3/1
3/11
993
127
488
433
746
433
532
407
632
127
593
517
269
254
643
734
517
664
785
1160
285
637
1140
419
466
173
684
637
488
173
216
114
269
1175
543
89
102
114
643
278
611
364
419
II
Page
Accept up to 100%, power to, refused
East River National Bank of New York
4/1
Acceptance Credits:
Letter from Gov. Strong re, and making of acceptances;
ref. to executive com't for report
1/21
Renewal of,
Draft of letter to Gov. Strong re Board's policy
re, in New York,approved for transmission
2/6
For Paris, Lyons and Mediterranean Railway; letters
re, from Deputy Gov. Treman of New York and
Vice Pres. Rovensky of Nat. Bank of Commerce;
ref. to com't
2/4
French Railway; memo. of Mr. Warburg recommending,
ref. to oom't
2/13
Acceptance Policy:
Letter from Gov. Strong re Board's letter outlining,
read; aEreed to answer, stating that Board bas
advised all FRBanks re,
2/15
Acceptance Renewals:
Draft of letter to Gov. Strong re, submitted by Mr.
Warburg; ordered circulated before being
officially transmitted
2/4
French Railway:
Memo. of Counsel re, referred to com't for
report
2/20
Report of com't re proposed; Gov. authorized to
transmit letter embodying substance of
findings
2/23
Report of Mr. Warburg re -situation as to, in
New York, with letters from Gov. Strong re,
discussed; Mr. Warburg to draft reply
2/1
Acceptances:
Absorption of, by FR2anks:
Letter from Deputy Gov. Treman of New York re,
read; agreed to discuss matter with Govs.
of Banks, March 22nd.
3/18
Application of proceeds of sales of goods exported in
payment of; correspondence with FRBank of New
York re, presented; ref. to Gov. & com't
4/20
Bankers:
Addition of a day to maturity of, unless collectible
on day of maturity; approved
5/e
Letter from FRAgent Curtiss re forthcoming pamphlet
on, read and ref. to owlet & Counsel
4/26
Memo. of Mr. Warburg re present practices as to,
and changes called for therein,
1/9
Booklet on; letter from FRAgent Wills re question of,
referred to executive com't
4/1
543
92
174
161
214
229
164
270
279
153
465
659
751
695-96
37
542
III
Page
Acceptances:
Date of settlement of; letter from Deputy Gov. Treman
5/10
of New York re,
from
paper
such
of
purchase
and
of,
Distribution
New York Bank without endorsement; letter from
4/8
Gov. McDougal re, noted
Domestic:
Statement by 7,r. Hamlin re irregular use of, at
Baltimore branch; matter referred to
3/16
committee for report
Gov.
to
ref.
automobiles;
by
secured
of,
Eligibility
3/29
for reply
Form of letter re status of Board's present regulations
on, approved for transmission to FRAgent Austin 5/13
Forms covering plan for indemnity of, presented and
5/1
referred to committee
Handling of "float" on; proposed letter from Mr.
Warburg to YRBank of New York re, approved for
6/17
transmission
accepting
re
Letter, drafted by Mr. Warburg, to RBanks,
drafts on erroneous representations as to export
and import operations by member banks; ordered
3/18
sent
in
of,
status
Letter from Chas. A. Hinsch re legal
6/10
certain cases, referred
paper
re
Boston
of
Bank
Letter from First National
of First National Corporation, presented;
voted to notify of Board's views on acceptance
5/31
situation
use
for
form
transmitting
Letter from Gov. McDougal,
in protecting bank in re acceptances made against
exported goods, with memo. of Counsel recommending
4/15
changes in, read; changes approved
Letter from Gov. Strong re acceptance credits and
making of acceptances; referred to executive
1/21
committee for report
Memo. of Counsel re, referred to committee on Law
3/8
for publishing in Bulletin, if approved
Memo. of Counsel re, secured by warehoused automobiles,
4/15
holding ineligible, read and approved
Memo. of Mr. Hamlin re status of, given against
merchandise (cf. g. printing) in process of
4/12
manufacture, read, discussed, and acted upon,
Ninety-day:
Letter from J. F. Curtis re eligibility of, of
3/8
railroad companies; Board favorable
of
Oil in storage; letter from Mercantile Trust Co.
4/29
St. Louis re acceptances against,
786
590-1
454-55
532
800
719-20
1062
464-65
1019
965-66
630
92
406
630
609
409
710
IV
Page
Acceptances:
Oil; suggestion by lir. Foley of Mercantile Trust Co.
of it. Louis for correction in certificates
accompanying, approved
5/3
Opinion of Counsel holding the making of, against
live cattle, with chattel mortgage protection
and agreement to renew not permissible,approved 3/25
Opinion of Counsel re, against export transactions,
approved; copies ordered forwarded FRBanks
4/2
Proposed method of endorsing acceptances purchased
by FRBank of Atlanta from FRBank of New York;
draft of telegram to Gay. McCord ro, approved
for tranmmission
4/13
fuestion of payment of, in Boston, by cashiers'
drafts, presented; referred to committee
5/3
question re, on meat products, discussed with Counsel;
referred to committee
3/29
Rate granted by FRBank of St. Louis on American
Tobacco Co. acceptances, discussed; hipAer rate
approved
4/2
Rate made on, in certain transactions, by FRBank of
St. Louis; telegram re, read; agreed to consult
further with officers of bank,
4/3
Renewal:
See Acceptance Renewals:
Status of competitive acceptance rates and policies
In London and New York; Gov. authorized to
inluire ro, of Treasury authorities and FRBank
of New York
4/3
Trade:
Carbo-Hydrogen Co., trade acceptances made
against gas produced by, declared eligible 3/11
Correspondence re issuance of, against garage
service, tabled
5/13
Correspondence with American Trade Acceptance
Council re acceptances against garage
services, discussed; Board not favorable
to giving of preferential rate on,
5/17
Dahn, E. F., of Jeattle, Washington; letter from,
re proper period of trade acceptance credit 4/15
Discussion re trade acceptance situation,
4/26
Emerson Electric Manufacturing Co.; report of
Mr. Warburg re trade acceptances made by,
read; referred to executive committee
4/10
Form of letter for transmission by Gov. to
Business Bourse re forms of, approved
6/25
Gov. Harding authorized to reply to letter
from John S. Jenks of Philadelphia re
Board's position on,
4/26
734
503
551
623
738
533
551
554-55
555
420
799
838
631
694-95
601-2
1140
695
V
Page
Acceptances:
Trade:
Documents and correspondence re trade acceptance
2/13
situation, presented by Gov. and noted.
contractors;
electrical
Eligibility of, given by
report of com't holding as eligible,
2/25
approved
Cos.
Distributing
Eligibility of, given by Gas
to Gas Producing Cos.; letter to Deputy
Gov. Case of New York re; ordered trans4/24
mitted
1/30
re,
Counsel
of
Form of negotiable; memo.
of
Board
Sea.
of;
use
Issuing of pamphlet re
instructed to take up question re, with
4/15
FRAgents
5/20
noted
re,
Bourse
Business
Letter from
Maintenance of collection charges on, except in
certain cases; report of com't recommending,
1/25
ref. to Gov. for reply to inquirers
use
re
from,
letter
Works;
.
Plough
Chilled
Oliver
of words "with attorney's fees" in trade
4/15
acceptances
Opinion of Counsel re, read, discussed and tabled,
4/3
to be circulated meanwhile
Opposition to; letter from National Association
6/3
of Credit Men re,
Pamnhlets on; letter from FRAgent Wills of
5/13
Cleveland re,
Proposed form of, offered by the Business Bourse;
6/17
memo. of.Counsel re,
Rate at San Francisco; proposed change in;
suggestion made to Bank by Gov. Harding for
maintenance of rate uniform with that in
5/10
force at other bankg
4/8
Rate on, for Kansas City FRBank, fixed at 4!1%
on, maturing 15-90 days; letter from
Rate of 4
FRBank of San Francisco naming; discussed 5/13
Rate of 4i,L on; telegram from FRAgent Curtiss
1/4
of Boston naming, approved
retain
to
of
Bank
plan
Rate proposed at St. Louis;
rate for 1-16 days and another for 16-90
4/20
days; disapproved
Kansas
of
Ramsay
Rates; telegram from FRAgent
5/13
City urging increase of; discussed
Phila.
letter
from
Rates on, and question of;
3/29
Board of Trade re, noted
trade
re
from,
Simmons, Wallace D., telegram
4/8
acceptances, presented; reply approved
217
285
685
138
633
668
114
630
558
980
798
1062
784
591
798-99
12
659
799
533
590
VI
Page
Acceptances:
Trade:
Situation as to; letter from Mr. Warburg to
L. E. Pierson re, read
4/26
Use of, by railroads under certain conditions;
letter from Mr. Warburg to Gov. Harding
favoring; Board in harmony with principle 3/8
Use of; letter from C. A. Hinsch re,
1/21
Use of; letter from Pres. Hinsch of American
Bankers' Assen enclosing copy of letter from
himself to American Tobacco Co. re,
2/18
Various communications re, presented
5/8
Acting Fiscal Agent, F. R. Board:
Appointment and bonding of; report of com't re,
referred to Gov. with power
3/4
Bond of; report of com't re, approved
3/15
Imlay, William, appointed as, from April 1st. to 30th.,
at 050 additional compensation
3/27
Acting Secretary of War:
Letter from, re release by courts, of men arrested
passing through Canal Zone with more than .,P200
gold in their possessions; voted to uphold
Gov. of Zone
3/26
Adelson, L. C.
Appointed as Asst. Secretary, at 5,000 per annum,
effective May 1st., 1918
4/12
Letter from, accepting appointment as Asst. Sec.
of Board, read; appointment made effective
May 15th.
4/24
Letter from, re office hours for Div. of Foreign
Exchange, acted upon
3/15
Memo, of, re code telegrams, read; discontinuance
of such telegrams, excepting in specific cases,
authorized
6/7
Salary fixed at 4,800.
1/21
Advisory Council:
Forgan, J. B.
Letter from, announcing meeting on May 20-21,
of Council
4/29
Letter from, notifying of next meeting of
Council
1/21
Letter from, re reserves graduated on basis of
different classes of deposits
1/21
Notice of re-election as member of Council
1/2
Joint meeting of, with F. R. Board
248
695
409
93
252
764
386
448
514
509
608
681-82
448-49
1004
89
708
92-93
92-93
4
213-250
VII
Page
Advisory Council:
2/19
Joint meeting of, with FRBoard
5/20
FRBoard
Joint meeting of, with
5/21
Joint meeting of, with FRBoard
election
of
notice
as
Lyerly, (Capt.) Chas. A.,
1/16
member of, for Atlanta district
fluestion of publishing resolutions passed by, in
5/24
FRBulletin, referred
uestions relating to revenue, expenses, and
5/29
auditing of accounts of, considered
Watts, F. O., notice from RAgent Martin of St. Louis
1/21
of election as member of,
Agencies:
At Chattanooga and Savannah; report of comIt
6/20
recommending, tabled
Memo. of Counsel re power of Board to establish
6/22
special, ordered circulated
Agricultural Paper:
Gas engine generators of electrical currents not
5/29
considered as proper basis for eligible,
Alien-awned Deposits:
Letter from Sec. of Treasury re withholding of
income tax on, held in American banks, read;
2/15
copy ordered sent all RBanks
Alien Property Custodian:
Bank of Italy as agent for; letter from FRAgont
Perrin re appointment of, read and ordered
4/15
transmitted to Hon. Mitchell Palmer
Letter from, re designation of American Colonial
Bank of Porto Rico as depository, read; ref.
1/25
to Gov, for investigation
Letter from, re designation of private banks as
1/17
depositaries, discussed; no final action
Request from, as to suitability of John R. Willis
of Juneau as a depositary officer, ordered
answered with such information as Board
3/6
possesses
Allen, Sherman P., Asst. Secretary of Board:
Resignation of, presented and approved; letter,
expressing Board's appreciation of faithful
3/25
service rendered by, authorized
for
payroll,
signature
of
checks
Telegram from, re
read; question of bonding Fiscal Agent of
Board, ref. to Gov. for consultation with
2/13
Counsel
Allied Banking Corporation:
Letter from Senator Owen transmitting memo. re
establishment of, presented and ordered
5/24
circulated
255-260
860-866
878-889
66
910
941
92
1084
1114
944
229-30
628
113
71
395
503
218
906-7
VIII
Page
Allied Foreign T:. Yichang° Bank: See also Interallied Foreign Exchange Bank:
Draft of letter to The President prepared by Gov. Harding
5/29
946
re, noted
from,
re
letter
Oklahoma;
Bank
of
Altus,
Altus State
5/15
823
branches, noted
also
Fletcher,
See
H.
P.
Ambassador to Mexico:
Amendment of State Laws:
Letter from FRAgent Vellborn re, to facilitate
1/21
92
admissions to FRSystem; ref. to com't
American Bankers' Association:
Administrative Oom't of; letter from Sec.
Farnsworth inviting Board to attend meeting
2/4
161
of, at Hot Springs, Ark.
Correspondence with President Hinsdh of, re pending
case of Goldman, Sachs & Co. vs. Sigmund
6/17
1061
Rheinstrom, noted
Letter from President Hinsch of, enclosing copy of
letter to American Tobacco Co. re use of trade
2/18
252
acceptances; ref. to com't
Letter from Sec. Farnsworth, transmitting resolutions
re bill to provide for guaranty of bank de5/17
838
posits; discussed
Letter of invitation from, to Board, to attend next
6/27
1155
meeting of,
American Consul at Bradford, England; memo. of Sec. of
5/20
871
State transmitting a dispatch from,
American Consul at Chihuahua, Mexico:
Telegram from, transmitted by Sec. of State, asking
5/14
813
export license for 410,000 American gold coin
American Economic Association:
Report by Mr. Miller of conference with com't of;
voted to extend Board's cooperation, expense
1/7
27
and conditions to be determined by Mr. Miller
American Foreign Banking Corporation:
Bank of Pittsburgh granted permission to purchase
4/6
583
stock in,
Branches:
Christobal, Panama Canal Zone; establishment
4/1
544
of branch at, authorized
Havana, Cuba; establishment of branch at,
approved
2/25
286-87
Panama City, Panamn Canal Zone, establishment
4/1
544
of branch at, authorized
Port au Prince, Haiti; letter from H. B. Harris
requesting permission to create branch at;
1/2
ref. to com't
5
Port au Prince, Haiti; report of com't
authorizing establishment of branch at,
1/7
24
approved
Ix
Page
American Foreign Banking Corporation:
Commercial National Bank of Washington granted
4/1
permission to purchase stock in,
ion
permiss
granted
First National Bark of Utica
1/23
to invest in stock of,
ion
permiss
granted
Brink
Grand Rapids National City
3/11
to invest in stock of,
granted
polis
Indiana National Bank of Indiana
1/28
permission to invest in stock of,
credit
peseta
a
re
of,
Letter from H. B. Harris
1/4
in Jpain
Buffalo
of
Bank
Manufacturers and Traders Nat.
1/25
granted permission to invest in stock of,
ion
permiss
granted
Angeles
Los
Merchants Eat. Bank of
1/23
to invest in stock of,
to
zed
authori
d
Richmon
of
Bank
l
Merchants Nationa
1/2
purchase 368 shares in,
ion
permiss
granted
Paul
St.
of
Merchants Nat. Bank
1/9
to invest in stock of,
granted
Mass,
er,
Worcest
of
Bank
Merchants Nat.
1/21
permission to invest in stock of,
anted
Ohio,gr
Toledo,
of
e
Commerc
of
National Bank
4/13
permission to purchase stock in,
National Bank of Tacoma, Washington, granted
1/11
permission to invest in stock of,
National Newark & Essex Banking Co. of Newark
1/21
granted permission to invest in stock of,
Northwestern Nat. Bank of Minneapolis granted
1/11
permission to invest in stock of,
Security National Bank of Dallas granted remission
1/28
to invest in stock of,
Springfield Nat. Bank granted permission to invest
2/18
in stock of,
granted
U. S. National Bank of Portland, Oregon,
3/23
permission to invest in stock of,
American Metal Co.
Letter from FRBank of New York enclosing report
2/11
of, re use of gold shipped to Mexico, noted
American National Bank of Oklahoma City:
Letter from, transmitted by Hon. R. L. Owen, re
status of proposal to establish branch in
5/20
Oklahoma
American Savings Bank & Trust Co. of Seattle:
Memo. of Mr. A. C. Miller recommending that Board
5/17
disapprove changing of name of; approved
American Trade Acceptance Council:
Correspondence with, re acceptances against garage
services, discussed; Board not favorable to
5/17
giving of preferential rate on same,
544
102
420
127
10
114
102
5
35
90
623
47
90
47
127
254
488
194
868
837
838
X
Page
American Trust Co., Charlotte, E. C.
1/7
Increase in capital stock of, approved
Anerican Woollen Co.
Use of drafts drawn by, to create Argentine
Exchange, approved
2/9
Annual Reports:
Board's:
Gov. authorized to call special meeting to
consider, when received back from Sec.
of Treasury
1/16
Presented, and made special order for meeting
of Jan. 5th.
1/2
Proof of, submitted, disaussei, and fresh
galley proof ordered
1/11
Report by Gov. Harding re progress in issuing
of,
1/17
Secretary authorized to either destroy plates or
order additional supply of first and second
reports, as he deems proper
6/29
Appointments:
Acceptance of, received from 'U. B. Newsome, Janes
E. Zunts, and Charles A. Harrison (Phila,)
Notification by Secretary of acceptance of appointments by Messrs. Peabody, Stern and Boehne
314
Appropriation Bill:
Secretary directed to ascertain if revision can be
made in text of item in Bill providing for
Div. of Foreign Exchange,
5/22
Arecibo, Porto Rico:
Establishment of sub-branch of Nat. City Bank of
New York at, approved
2/13
Argentina:
Letter by Sec. of Board re treatment of deposits
made in favor of, as gold, approved
1/28
Argentina RYnhange:
Informal conference re exchange agreement with
Argentina, between Asst. Sec. of Treasury
Rowe and Board
1/11
Letter from Asst. Sec. of Treasury Rowe re; substance
of letter and documents to be transmitted to Gov.
of FRBank of New York
1/9
Letter from MBank of New York asking closing of
certain details as to,
1/16
Letter from Secretary of State transmitting certified
copies of correspondence re agreement as to,
3/2
Statement by Mr. Strauss re contract governing
wheat purchases in Argentina in relation to
exchange
1/18
Use of drafts to create, drawn by American Woollen
Co., approved
2/9
23
187
70
5
48
71
1182
3
13
900
214-216
126
52
36-37
65
368
77
187
XI
Page
Argentine Ambassador:
Letter from, naming Bonbright & Co. as banker rep1/10
resenting; ref. to Mr. Kent
Army Remittances:
On motion of Mr.
voted to obtain further
1/30
data re cost of, to northwestern branches
Ashurst, H. T.
Letter from, recommending appointment of Dlr. Walker
3/8
of Tucson, Arizona, as director at El Paso,
Assessments:
Semi-annual assessment on FRBanks for support of
6/20
Board, resolution levying, adopted
Assistant Attorney General Warren:
Letter from, re recent opinion of Dept. of Justice
4/15
as to clearing charges; read and noted
Assistant FRAgents: See F. R. Agents, Assistants to,
Assistant Secretary, F. R. Board:
Adelson, L. C., elected as, at 45,000 per annum,
4/12
effective May 1st.
appointaccepting
Adelson, L. C., letter from,
ment as, read; appointment made effective
4/24
May 15th.
Assistant Secretary of the Treasury:
See Leffingwell, R. C.
See Rowe, L. S.
Assistant Treasurer Fort:
Letter from, re question of allotting bonds to RBanks
offered by national banks during quarter ending
6/22
June 30, 1918; ordered no bonds be allotted
Assistant Treasurer of the U. S.
Memo. from, transmitting applications of FRBanks to
3/23
transfer 2;; bonds to Reserve Banks
Associated Savings Banks & Trust Cos. of Cleveland:
Letter from FRAgent Wills re action of, against
payment of more than 3;; interest an demand
5/6
deposits, noted
Florida;
Jacksonville,
Atlantic National Bank of
5/6
Letter from, re interest in Jacksonville
of
interest
Letter from President of, re rates
5/10
on deposits
Attorney General:
Opinion of, re interpretation of clearing and
collection provisions of FRAct, read and
3/23
ordered ciraulated
clearing
re
opinion
of,
publishing
r:uostian of
of checks, discussed; agreed to request
3/25
withholding from publication
40
141
406
1092-93
629
608
681-82
1108
487
749
749
784
484
504
XII
Page
Attorney General:
Report from office of, re inquiry made as to source
2/6
of rumors re FRBank of Philadelphia
FRAgent,
Richard
L.,
Philadelphia:
Austin,
Communication from, re increases of rate
2/25
Board's
re
status
of
present
Form of letter to,
regulations an acceptances, approved
5/13
Letter from, giving results of choice of officers
1/9
at FRBank of Philadelphia
Letter from, re reports of State member dividends
in. Phila.; voted to authorize reporting of
dividends for usual periods observed by
1/9
members
Letter from, re purchase of vault at Phila., ref.
1/21
to Philadelphia committee with power
Letter from, re definition of savings deposits in
1/30
Phila.; ref. to Gov. with power
Letter from, notifying of election of E. P. Passmore
as Gov., FRBank of Phila., at 4;20,000 per
2/11
annum, approved
bonds
by
lost
of
recovery
FRBank
of
re
Letter from,
2/18
Phila., noted
Phila.
in
handling
at
conditions
re
from,
Letter
2/25
bills deposited as collateral; noted
Letter from, re purchase of warrants of Borough of
6/10
Stone Harbor, N. J.; held ineligible
Letter from, re visit of Gov. Harding to Phila. on
June 18th. to meet officers of State institu6/10
tions; noted
Letter from, re dividends and Increases in salary
6/22
at MBank of Philadelphia
Bacharadh (Congressman); letter from, re prohibition
of high interest rates paid by banks an deposits,
3/18
discussed; reply authorized
Bank Advertisements:
Letter from Counsel re use of word "savings" in,
with draft of proposed letter to Supt. of
Banking Dept. of New York, read, discussed,
& ref. to Gov.
3/8
Bank Balances:
Rates of interest on,
Letter from FRAgent Wills re, in fourth district,
noted
2/25
Bank Credits:
Curtailment of; memo. of Mr. Hamlin re issuance of
statement by Capital Issues Committee re,
6/12
Bank of Buffalo:
Opinion of Counsel re certain hypothetical questions
asked by, through FRBank of New York, read
and adopted
4/24
174
285
800
34
34
93
137
201
252
284
1022
1021
1108
463'
407-8
289
3.033
682
XIII
Bank of Italy:
Letter from FRAgent Perrin re appointment of, as
agent of Alien Property Custodian; ordered
transmitted to Hon. Mitchell Palmer
Bank of Japan:
Correspondence between Gov. Harding & Gov. Strong
of New York re designation of, as correspondent
anti agent; ref. to Gov. to announce action
Letter from R. H. Treman informing Board of
designation of, as correspondent and agent of
FRBank of New York; approved
Bank of Montreal:
Corresp ondence with, re gold holdings in the U.S.
Bank of New York, N. B. A.
Power to provide dollar exchange in Argentine,
Brazil and Uruguay, granted
Bank of Pittsburgh, Pa.
Permission to purchase stock in American Foreign
Banking Corporation, grtInted
Bankers Trust Co.
Agreed to request statament of foreign exchange
profits made at branches of,
Banking & Currency Committee of Congress:
Draft of proposed letter to, re Comptroller's
recommendation re guaranty of certain bank
deposits, read and discussed; letter ordered
re-drafted
Banks in Montana:
Letter from Comptroller of Currency to FRAgent
Rich re status of, read; ordered filed
Banks of Tulsa, Oklahoma:
Telegram from, re question of branch in their State
Barclay, Colville:
Letter from, re conditions surrounding export of
American currency
Barrows, D. H., appointment of, as Asst. Secretary,
FRBank of New York, at'44,000 per annum,approved
Bartlesville National Bank:
Letter from, re discount of oil paper, and proposed
reply of Gov. Harding thereto,
Baskin, J. G., Asst. FRAgent, Detroit:
Bond for, at 425,000, or higher, approved
Batchelder, H. M., President Merchants Nat. Bank of
Salem, Mass.; letter from, re rates of interest
on deposits; ref. to Gov. for reply
Baxter, Edwin, Cashier, FRBank of Cleveland:
Letter from, re 1918 issue of circulars and
regulations
Page
4/15
628
1/18
79
1/11
46
1/14
57
6/17
1063
4/6
583
5/6
751
1/30
137
6/27
1154
3/27
515
6/22
1109
2/13
216
5/22
895-96
3/8
407
3/15
446-47
1/21
88
Page
Bermudez Asphalt Co.
Permission to export $10,000 gold coin to Venezuela,
granted
3/1
Bill for passage by State Legislatures:
Committee named (at conference of FRAgents with
Board) to take up, with Counsel, preparation
of bill for permitting entrance of State banks
into System
3/1
Bill of Lading Drafts:
Form of circular letter to FRBanks, presented by
Gov., providing for discount of bill of lading
drafts with maturity; approved
4/22
Letter from Gov. Lynch of San Francisco re recent
rulings of Board as to, discussed and noted
4/29
Letter from Gov. Miller of Kansas City re discount
of, discussed
5/6
Letter from Gov. Van Zandt of Dallas re date of
eligible,
5/10
Letters re rediscounting of, ref. to Secretary for
reply
4/26
Bolivia:
Statement by Mr. Roue re proposed exchange agreement with
4/18
Bonbright & Co.
Letter from Argentine Ambassador nAming,as banker
to act for, under agreement with Treasury
Dept.; ref. to Mr. Kent
1/10
Bond ISSIBS:
Massachusetts:
Proposed issue by; draft of letter re, read
by Mr. Delano and ref. to Priorities Comit
1/18
Proposed issue by; draft of letter to Gov.
LIorss, MBank of Boston, by Priorities
com't re, ref. back to com't
1/23
Proposed issue by; letter from Capital Issues
com't to Hon. B. L. Young re, advising
against, read and approved with modifica2/4
tions
Bonds:
Eligibility of local bonds to protect governrent
deposits; letter from FRAgent Ramsey re,
ref. to Asst. Sec. Leffingwell
6/10
Excess loans on, of national banks; opinion of
Counsel requested re,
3/6
366-6'V
356
669
708
748
786
695
649
40
82
103
160
1020
396
XV
Page
Bonds:
Farm Loan:
Letter from 0026 Norris, with copy of resolution
of Farm Loan Board making farm loan bonds
and interest thereon payable at FRBanks;
1/16
referred to Counsel
F. R. Bank of Atlanta:
3/4
Sale of 2;./, bonds held by, approved
F. R. Bank of Philadelphia:
Letter from FRAgent Austin re recovery of lost,
2/18
noted
Government:
As collateral; letter from Asst. Secretary
Leffingwell transmitting letter from
Manufacturers' Nat. Bank of Troy re use of,
1/28
against bills at Reserve Banks, read
4/5
registration
re
York
Letter from FRBank of Now
of; ref. to Gov. Harding for further inquiry
Letter from Gov. Lynch re purchase of old Govt.
bonds by San Francisco bank; ordered
5/22
circulated
of
question
re
Fort
Letter from Asst. Treasurer
allotting bonds, offered by national banks during
quarter ending June 30, 1918, to RBanks; ordered
6/22
no bonds be allotted
Minneapolis
at
Letter from Counsel re sale of bonds
1/23
under agreement to repurchase; ref. to com't
of
Phila.
Lost Shipment of; letter from Gov. Rhoads
reporting recovery of; ordered brought to
2/1
attention of Gov. Harding
Mem. of Asst. Treasurer of the U. S. transmitting
, bonds to
applications of FRBarks to transfer 2;.7
3/23
Reserve Banks; Secretary to reply
transmitted
Bonds,
Papers re loans secured by Liberty
by Asst. Sec. Leffingwell and referred to Gov.,
1/30
again referred to Gov. for further action
Nashville,
of
Bank
Nat.
First
and
Purchase of, by Fourth
4/15
Tenn., read; ordered circulated
Registration of, at FRBanks:
Letter from Asst. Sec. Leffingwell re, and asking
3/11
Board's views; referred to Mr. Warburg
to
referred
re,
Boston
of
Morse
Letter from Gov.
4/6
Gov. Harding for action
4/12
and
noted
read
re,
Zandt
Van
Gov.
from
Letter
Statement showing ownership of, by FRBanks; agreed
to have Gov, bring to attention of Asst.
5/1
Secretary Leffingwell
69
381
252
125
575
895
1108
103
149
487
140
632
421
583
611
720
a
Page
Bonuses:
FRAgent Jay granted permission to submit recommendations
for, for members of his staff, when bonuses are
declared for bank employees
2/4
Gidney, R. M., question of allowing to participate in
bonuses; referred to Counsel
2/1
Booleman, Monsieur, of Rotterdam;
Letter from, re German exchange
referred to
Mr. Strauss
3/11
Borough of Stone Harbor, Nev; Jersey:
Letter from FRAgent Austin re purchase of warrants
of, held ineligible
6/10
Boss, W. L.
Letter from, to Secretary of Treasury, re guaranty of
bank deposits; referred to Comptroller
5/22
Boy Scouts:
Letter from Houston Thompson of Dept. of Justice re
participating in campaign an behalf of,
6/22
Boyd, J. H.
Letter from, re retention of proceeds of Liberty Bonds
in district where they originate; noted
3/23
Letter from, to Mr. Miller, read and. noted
4/26
Branch Banks, FRS:
Albuquerque, New Mexico (proposed):
Correspondence with FRAgent Ramsey re establishment of Southwestern branch; voted not to
establish at Albuquerque, New Mexico
Atlanta District:
Hearing re branches in, set for May 18th.
5/17
uestion of branches in, discussed; voted to
re.Luest banks in district to state
preference3re,
3/29
Baltimore:
By-laws for, forwarded by Gov. Jeay, presented
and approved
1/23
By-laws for; revised draft of, presented and
approved
1/30
Correspondence with Gov. Soay re organization
of, he naming personnel chosen by Richmond
Bank; referred to Richmond com't for
personnel, and com't #1 for salaries
1/28
Directors; election of William Ingle and 77aldo
Newcomer as,
2/15
Letter from Asst. Sec. of Treasury Leffinewell
re deposits in, read; enclosures on sane
subject noted; ref. back to Gov. Harding
3/4
162
152
417
1022
896
1114
467
694
81
840
530
101
141
126
232
387
XVII
Branch Banks, FRS:
Baltimore:
Letter from FRAgont Hardy suggesting naming of
a substitute Asst. FRAgemt at, from among
staff of Agent's department, or directors;
5/20
approved
ed.
,receiv
1st.
march
Notice of opening of, on
3/1
from Gov. Seay of Richmond
with
nce
confere
of
Report by Gov. Harding
officers of FRBank of Richmond re
1/16
establishment of,
rs
directo
Govt.
naming
Report of Richmond com't
2/9
for, tabled until Feb. 11th.
Salaries:
1/30
Report of com't approving, approved
3/23
d
approve
;
440,920
at
Schedule of,
FRAgent
Asst.
as
ment
Schutz, Henry, appoint
6/17
at 4,200 per annum, approved
of
use
ar
irregul
of
Hamlin
Statement by
domestic acceptances at; ref. to com't
3/16
for report
Birmingham:
By-laws for; telegram from FRAgent Wellborn
6/28
re; Board favors changes proposed
Directors:
Kettig, W. H., appointment as director
6/20
and chairman of Board, approved
ng
accepti
from,
letter
Rettig, W. H.,
6/29
appointment as director, noted
read
re,
n
Wellbor
Telegram from FRAgent
6/22
and discussed
Govt.
as
tion
designa
Wells, Oscar,
6/22
director, approved
limited
with
at,
branch
of
Establishment
powers, favored by Board; also to
request full data from MBank of Atlanta
5/29
re conditions for installing,
of
Bank
Nat.
of
First
Wells
Pres.
from
Letter
Birmingham, re organization of branch
3/18
at, read and discussed
of
rental
and
re,
Kettig
H.
W.
from
Letter
quarters for; two year lease at '„?,400
6/28
per month, authorized
Letters re proposed branch at, and by-laws
for same, raising questions re discount
6/10
and collection powers, presented
from
letter
at;
branch
d
propose
of
ship
Manager
A. E. Walker re, and reply of Gov. Harding
6/5
thereto, read and noted
Page
868
362-63
68
190
141
488
1063
454-55
1170
1086
1175
1107
1107
943
463
1169-70
1018
992
Branch Banks, FRS:
Birmingham:
Report of Atlanta com't re proposed branch at,
read
3/13
Report of Atlanta comIt re organization of,
6/20
Walker, A. E., appointment as Manager at
44,800 per annum, approved
6/20
Salaries:
Walker, A. E., salary of ,400 per month
as Yanager, approved, effective an
organization
6/22
Buffalo (proposed):
Letter from FRAgent Jay re conditions of
establishing,
6/20
Report of New York com't re plan to establish
branch at, discussed; Board favorable
6/22
Cincinnati:
Barrett, R. B., appointment as Cashier, at
$3,000 per annum, apovei
3/18
By-laws of; report of com't comparing, with
proposed Birmingham-Jacksonville by-laws;
ordered circulated
6/20
Faulkner, P. J., appointment as Asst. FRAgent
at, at 42,100 per annum, approved
2/11
Letter from FRAgent Wills suggesting a director
of, be authorized to act as Asst. FRAgent,
to have relief on vault combination,
approved
5/8
Rowe, W. S., appointment as Asst. FRAgent at,
approved
5/24
Denver:
By-laws of; letter from Gov. Miller of Kansas
City outlining proposed chances in;
changes approved
3/29
By-laws of; letter from Gov. Miller of Kansas
City re change in, and copy of anended
by-laws already acted upon, presented and
discussed
4/1
Directors of; letter from FRAgent Ramsay re
selection of, by FRBank of Kansas City,
1/30
Letter from RAgent Ramsay re loss of $400 in
F. R. notes sent to; ref. to Gov. for
discussion with Comptroller
2/15
Meigs, D. O., appointment as Asst. FRAgant at
Denver, at 4150 per month, approved
4/10
Meigs, D. C., letter from FRAgent Ramsay re
appointment of, as Asst. FRAgent at Denver,4/8
Telegram from Gov. Miller of Kansas City re
organization of, and by-laws for; ref.
to Gov. Harding with power
3/27
Page
434
1085-86
1086
1107
1088
1108-9
466
1084
200
764
909
530
545
138
229
603
591-92
514
XIX
Page
Branch Banks, FRS:
Detroit:
By-laws amended to effect appointment of Asst.
4/15
Cashier
ref.
By-laws for, submitted by Gov. Harding;
1/2
to Chicago com't
of
McDougal
By-laws for, submitted by Gov.
1/18
Chicago; approved
of
lAcLallen
By-laws; letter from Secretary
3/29
Chicago proposing amendment to, approved
re
McDougal
Cation, Wm. A.; letter from Gov.
appointment as Cashier at 1;33,500 per annum,
1/18
approved
of
Board
informing
Letter from Gov. McDougal
1/25
early opening of Detroit branch; noted
Jan.
McDougal,
Gov.
from
Locke, R. B.; letter
3rd., re qualifications of, read and
1/7
noted
of,
salary
re
com't
of
report
Locke, R. B.,
1/4
approved
an
of
Asst.
appointment
and
of,
Operation
Cashier; letter from Gov. McDougal re,
read; by-laws amended to effect appoint4/15
ment desired
Discount operations; voted that they be subject
3/1
to direct control of parent bank
5/17
Discussion re certain phases of branch situation
El Paso:
5/20
Bond of ,50,000 approved for Asst. FRAgent at,
Coleman, R. B., appointment as Asst. Cashier,
4/17
approved
Data re proposed personnel of directorate of,
presented, discussed and referred back to
3/13
Dallas comet for action
Directors:
Cobs, A. P., letter from, accepting a
4/3
directorship at El Paso, noted
Cook, R. it., telegram from, re directorship
3/27
at El Paso, noted; Sec. to reply
Election of, ordered redocketed for
3/20
T.arch 22nd.
Coles
Election of W. W. Turney and E. P.
3/23
as,
Letter from ZRAgent Ramsey re conditions
on directorate at El Paso, read and
4/8
noted
Letter from FRAgent Ramsey re appointment
4/15
of, noted
629
4
79
530-1
79
115
21
17
629
325
840
871
643
435
555
515
473
485-86
592
628
XX
Branch Barks, FRS:
El Paso:
Directors:
Letter from Hon. H. T. Ashurst, recoromending
appointment of Mr. Walker of Tucson,
Arizona, as a director; noted
3/8
Telegrams from FRAgent Ramsey of Dallas
re, read; election of, ordered
docketed for March 20th.
3/18
Establishment of branch of FRBank of Dallas
at, authorized
3/1
Gov. to write, expressing opinion that there
be no Counsel at, it not being policy of
Board to appoint Counsels at branches
4/29
Inforual report of Gov. re proposed organization
of branch at, with estimates of cost of
installation and operation
1/30
Letter from FRAgent Ramsey re branch at,
1/2
Letter from FRAgent Ramsey re establishment
of branch at,
1/28
Miller, P. J., appointment as Asst. FRAgent, at
2,100 per annum, effective June 15th.,
approved
5/10
Proctor, A. U., appointment as Cashier at
,5,000 per annum, approved
4/17
Statement by Secretary of Board of conversation
with James G. McNary re organization of
branch at; facts noted
2/1
Taylor, Paul F., salary of .ti5,000 per annum for,
as Asst. Cashier, approved
4/29
Telegram from FRAgent Ramsey asking Board's
decision re branch at, discussed; matter
deferred until after meeting of FRAgonts,
Feb. 26th.
2/4
Telegram from FRAgent Ramsey re organization
of; by-laws already submitted approved
3/13
Telegram from James G. MoNary re status of,
noted
2/1
Exercise of fiscal agency functions at; matter
of, presented and ordered made topic for
meeting of FRAgents
2/9
Informal meeting of Board, hearing claims of
Birmingham, Jacksonville, and Nashville
for branch bank of FRBank of Atlanta;
together with statement by FRAgent
Wellborn
5/18
406
463
365
709
140
3
126
784
643
149
709
163-64
435
149
185
844-80
X7I
Page
Branch Banks, FRS:
Jacksonville:
By-laws for; telegram from FRAgent Wellborn
6/28
re; Board favors changes proposed
Directors:
Barnett, B. H., appointment as director,
6/25
approved
director
as
Cooper, John C., appointment
6/25
and chairman, approved
6/25
approved
Lane, E. W., appointment
6/25
approved
appointment
Jaussy,
to
referred
Gov.
Board's,
Selection of
6/22
Harding & Comptroller with power
read
re,
Wellborn
FRAgent
Telegram from
6/22
and discussed
6/25
approved
appointment
L.,
Wilson, G.
powers,
limited
with
at,
branch
of
t
Lstablishmen
5/29
favored by Board
for
and
by-laws
at,
branch
proposed
re
Letters
same, raising questions re discount and
6/10
collection powers, presented
discussed
of,
organization
re
committee
of
Report
6/20
and referred to special committee
Salaries:
De Saussure, George R., salary at ;400 per
6/22
month for, as Manager, approved
Rock
Little
(proposed):
Letter from FRAgent Martin re desire of St. Louis
6/27
FRBank to establish branch at,
action
that
stating
St.
Louis
of
MBank
Letter to
on establishment of branch at, has been
6/28
deferred, approved
Request by banks of, for establishment of branch
at; Ur. Miller expressed himself, informally,
6/27
as opposed
Louisville:
By-laws at; Secretary directed to write FRAgent
Martin re differences between, and those
6/27
proposed for Memphis branch
Directors:
Hoe, C. E., notice of acceptance of appoint1/14
ment as director
of
Report of committee approving establishment
1/30
branch at, approved
Salaries:
Letter from RAgent Martin transmitting
1/28
list of, presented
1170
1130
1130
1130
1130
1107
1107
1130
943
1018
1086
1107
1155
1169
1153
1158
61
141
126
Branch Banks, FRS:
Memphis:
Agreed to advise FRBank of St. Louis that report
as to needs of, is desired by Board
5/29
Letter from RAgent Martin recommending establishment of, presented
6/10
tilestion of establishing; telegram from FRBank
of St. Louis re, noted
5/31
Report of committee recommending, approved
6/12
Nashville (proposed):
Committee ordered to consider case of, further
5/29
Letter from Cumberland Valley National Bank of
Nashville re question of establishing branch
at, with other correspondence re,presented 6/3
Report of Atlanta committee proposing establishment of branch at; tabled
6/20
New Orleans:
Black, W. H., appointment as Asst. Cashier at
1,i200 per month, approved
5/24
Directors:
Notice of election of,
1/16
Facts re general situation at, with especial
reference to banking conditions, presented
by Gov. Harding
5/29
Letter from Marcus Walker of, re probable lending
policy of FRBanks, discussed
1/2
Letter from J. E. Zunts re inability to use
certain funds at,
2/18
(zuar tars:
Letter from J. E. Zunts re lease of present,
and renewal of same, referred
2/27
,:uestion re new quarters for, in connection
with proposed purchase of building,
presented; purchase authorized
3/1
Salaries:
Changes in, approved
6/20
Report of committee re, approved
1/18
Report of committee re, in Fiscal Agent's
department, tabled
2/1
Walker, Marcus, :lanager, salary fixed at
,7,500, effective July 1st.
6/22
Staff changes at; letter from J. E. Zunts re,
discussed and referred
5/27
Substitute for Asst. FRAgent at; letter from
FRAgent Wellborn re, read; Gov. authorized
to approve plan
4/10
Walker, Marcus, notice of election as Manager, 1/16
Zunts, J. E., telegram from, withdrawing
resignation
5/31
Page
944
1022
962
1037
944
981
1085
908-9
66
943
6
253
304
364
1089
80
151
1108
929
605
66
962
XXIII
Branch Banks, FRS:
Oklahoma branch (proposed):
Informal report by Mr. Delano of hearing held
by him at Kansas City re; applications
of Tulsa and Oklahoma City for branch,
6/27
declinod
Letter and questionnaire for transmission re
establishment of, ref. to Kansas City com't 3/15
Letter from Mr. Warburg to Gov. Harding re
question of establishing, ref. to com't
3/13
on operation of Kansas City Bank
Letter from Senator Owen forwarding letter
from American National Bank of Oklahoma
5/20
City re status of proposal to establish,
Letter from Senator Oven suggesting a conference
5/24
in 7iashington no,
Letter from T. P. Martin, Jr., re Oklahoma
6/7
branch, ref. to Kansas City com't
.6uestion of hearing no, ref. to Chairman of
com't on Kansas City Bank with paver
6/3
to proceed to Kansas City and hold,
4/12
Report of com't re situation as to, presented
Statement by Gov. Harding re outcome of correspondence with Senator Owen re prospective
5/27
hearing as to,
Omaha:
Directors of; letter from FRAgent Ramsay
stating selection of, by FRBank of Kansas
1/30
City, read and noted
Letter from FRAgent Heath no rumor of transfer
4/2
of western part of Iowa to; no action
Lower, '.:. D., report of com't re appointment
as General Bookkeeper and Asst. FRAgent
at, tentatively approved, subject to
1/25
revocation
Operation of,
3/1
Report of com't of FRAgents no, acted upon
Pittsburgh:
By-laws of, and powers of local directors;
letter re, from J. H. McCune, submitted,
discussed and ref. back to Mr. Hamlin
3/25
for reply
to
compensation
re
Letter from Comptroller
certain directors of; report of com't
1/25
no further action needed
a
director
suggesting
Wills
Letter from FRAgent
of, be authorized to act as Asst. FRAgent,
to have a relief on vault combination;
5/8
approved
Page
1153
447
432
868
908
1005
981
611
930
138
551
114
323-325
503
115
764
Branch Banks, FRS:
Pittsburgh:
Wardrop, Robert, appointed as Asst. FRAgent at, 5/24
Plan for segregating theoretical capital on books
of, abolished
3/1
Portland:
Burke, Thomas 0., resignation of, presented
and accepted
4/26
Salaries:
Ambrose, W. N., Acting Uanager, increase
of salary to ti';300 per month, approved 4/10
Porto Rico:
Application, of Nat. City Bank of New York to
establish branlh and sub-branches in,
approved
2/13
-,,uestion re, in sixth district; report by Gov.
of inquiry as to; matter discussed but
action deferred
4/10
Salt Lake City:
Correspondence with FRAgent Perrin re establishment of branch at, presented; tabled until
after conference of FRAgonts an Feb. 26th. 2/9
Directors:
Question of appointment of, considered, and
telegrams re, read
4/6
Question re, discussed; Mr. Miller
authorized to take up matter with
FRAgent Perrin
4/2
Report as to, presented; election of
G. G. Wright and Jos. L. Rawlins
made unanimous
4/10
Telegram from FRAgent Perrin suggesting
postponement of action on, noted
3/29
Telegrams from FRAgent Perrin re, recommending G. G. Wright md W. H. Wattis as;
ref. to executive comlt with power,
4/1
Establishment of branch of FRBank of San Francisco
at, authorized
3/1
Letter from FRAgent Perrin re, noted1/25
Letter from FRAgent Perrin requesting approval
of establishment of branch at,
1/30
Telegram from FRAgent Perrin re conference
with bankers re establishment of branch at,1/16
Telegram from FRAgent Perrin re proposed branch
at; matter suspended pending meeting of
FRAgents, Feb. 26th.
2/4
Seattle:
Directors:
Acceptance of appointments as, from Messrs.
Peabody and Clarke, presented
1/11
Page
909
324-25
695
603
,t
214-216
604
1
185
583-84
551
605
530
546
365
116
140
66-67
163
46
Branch Banks, FRS:
Southwestern branch (proposed):
Correspondence with FRAgent Ramsey re establishment of; voted not to establish at Albuquerque,
1/18
New Mexico
branch
re
a,
Oklakom
Telegram from banks at Tulsa,
3/27
in their State
s;
re
branche
in
n
Telegram from FRAgent Wellbor
advised that hearing re, would be held by Board
5/14
on May 18th.
3/23
a
Oklahom
in
branch
re
Owen
Telegram from Senator
Branches of Member Banks:
Opinion of Counsel re, when situated in districts
4/24
different from those of parent banks,approved
l
Branches of Nationa Banks:
Letter from Senator Owen re establishment of; Gov.to
reply approving Calder Bill,S.3214, on subject 2/6
Broderick, J. A., Chief Examiner:
Correspondence with, re proof and verification of
operations in Fiscal Agent's department at New
2/9
York for first and second Liberty Loans
Letter from, with copy of recent report of examina5/15
tion of Kansas City F. R. Bank
Mono. of, re loss of securities by FRBank of Phila.;
voted to instruct FRBanks to advise Board
1/21
promptly in event of loss
1/23
Memo. of, re member bank examinations, presented
Memo. of, recommending H. F. Currier and W. D. =Rae
3/1
as special examiners at Boston, approved
3/4
Memo, of, re methods of auditing at FRBanks
Report by - Supervision of Audits and Examinations
by the Chairman of the Board of Directors 3/1
discussed
Brooklyn National Banks:
Gov. authorized to instruct MBank of New York that
pending investigation by Counsel as to classification of, penalities against same not be pressed 1/30
Report by Gov. Harding of conversation with officers
of ERBank of New York re status of reserves of, 1/30
Buell, W. E., Chief, Div. of Issue & Redemption:
4/10
Memo. of, re redemption of mutilated F. R. notes
Bureau of Enemy Trade:
Letter from, re dealings of the Wiegmans Bank of
2/21
Amsterdam; ref. to Er. Kant
er:
S.
U.
Treasur
Burke, John,
Letter from, re loan conditions in North Dakota;
3/6
ordered ref. to Asst. Soc. Leffinguell
re
to,
Dakota
North
in
ondent
corresp
from
Letter
purchase of open market bills given for purchase
3/20
of small tractors in North Dakota; noted
Page
81
515
815
485
685
173
186
823
88-89
104
363
387
325-334
138
137
602
273
395
475
Burtan, Theo. E., of Merchants Nat. Bank of New York:
Letter from, re amendment to rules of N. Y. Clearing
House Association re rates of interest on
deposits and requesting Board's views
3/8
Business Bourse:
Letter from, re trade acceptances
5/20
Memo. of Counsel re proposed form of trade
acceptance offered by,
6/17
Butters, Charles; letter from, re new Mexican mining
law, and asking Board's attitude re,
6/13
Buyers & Sellers Association of Amarillo, Texas:
Letter from Mr. Herbert Hoover enclosing memo.
from,
3/6
Cable Censor:
Communications from, forwarded by Asst. Secretary
Leffingwell, inquiring as to suppression of
messages re speculation in foods and securities;
reply agreed upon
3/6
Calder (Senator) Vim. M.
Letter from, re exemption from draft of employees
of International Banking Corporation in its
South American branches
5/20
California Banks:
Memo. of Counsel re conversion of savings into
national banks; ref. to Mr. Hamlin for
examination
2/25
California Savings Banks:
Status of; memo. of Counsel re proposed legislation
re; ref. to executive committee
2/25
California State Banks:
Discussion re California State banking situation
4/8
Membership in 2. R. System:
Correspondence re, ref. to Mr. Miller for further
correspondence with FRAgent Perrin
1/14
Letter from Acting FRAgent Elliott re, noted
6/10
Telegram from FRAgent Perrin re conference re;
agreed an April 8th. as date for interview
with committee representing,
3/23
Representative of:
Dram, J. S., of San Francisco; notice of arrival
in 'Washington for purpose of securing amendment to National Bank Act
3/1
Calkins, J. U., Deputy Gov., San Francisco:
Telegram from, re rupee exchange, read and discussed;
ref. to Mr. Warburg for reply
2/1
Calls:
Adoption of identical date by Comptroller and Board
for calls for condition, approved
5/10
409
868
1062
1040
394
395
869
289
287
593
60
1019
487
366
151
785
Canada:
Proposed loan to; letter from Asst. Sec. Leffingwell
5/6
of Treasury re, to restore exchange to par
Canadian Bank of Commerce:
Application from, for authority to increase shipment
1/16
of silver bullion to Calcutta, granted
1/10
ed
circulat
ordered
gold;
d
Letter from, re earmarke
Canadian Ban4ors' Association:
Draft of letter to PresidAnt Pease of, re export of
2/13
gold to Venezuela; approved for transmission
Canadian Checks:
Memo. re discount on, transmitted by Asst Sec.
5/1
Leffingwell, read and noted
Canadian Exchange:
Letters re establishment of a credit to stabilize, , 5/10
Capital Issues:
Advisory Committee on Priorities:
Personnel of, named, to serve without
1/28
compensation
.&orbes, Allan; informally agreed that Mr. Warburg
present name of, to Sec. of Treasury, to act
1/17
as chief adviser of Capital Issues
Methods for investigating and passing upon applications for; also personnel necessary to conduct;
1/17
report of Mr. Warburg re,
Priorities Committee:
Draft of letter to Gov. Chas. A. Morss presented by, re proposed bona issue in Mass.,
1/23
read and ref. back to com't
Forbes, Allan, informal report by Mr. Warburg
of willingness to assume duty in
1/18
connection with,
,
chairman
as
Formation of, including Mr. Warburg
1/4
and Messrs. Hamlin and Delano
would
e
committe
that
Statement by Mr. Warburg
submit its minutes, from time to time,
1/28
for approval of Board
Priorities in;
Letter from J. R. Mitchell of St. Paul re, read
1/2
and discussed; ref. to executive com't
in
expense
re
Hardiag
Question raised by Gov.
1/11
passing upon,
with
ce
Sec.
conferen
of
Harding
Report by Gov.
of Treasury re; voted to appoint a
1/14
Priorities com't for handling
Capital Issues Committee:
Assistant file clerk of Board assigned to service of,
3/28
temporarily
Page
748
70
39
217
720
784
128
75
74-75
103
81
60
129
4
51
60
524
Capital Issues Committee:
Contemplated bond issue by Massachusetts; letter
from °omit to Hon. B. L. Young re, advising
against,read and approved with modification
Franking of matter by; memo. of Counsel re, noted;
action postponed pending adoption of War
Finance Bill
Informal understanding of Board that any member of,
has authority to submit any question before,
to Board
Inventory of cost and value of furniture and other
property used by, but ouned by Board; ref. to
committee #1 for report
Issuance of statement by, re curtailment of bank
credits; memo. of Mr. Hamlin re,
Lease of, in Metropolitan Bank Building, agreed to
have assigned to nem Capital Issues com't,
Board retaining Assembly room
Letters and memo. from members of, re expenses
incurred by them
Memo. of Mr. Hamlin re payment of expenses of
members and employees of old committee
Memo. of Mr. Hamlin re proposed statement by, of
policy to be pursued in restricting credits
Miller, A. C., made mentor of, pro tempore opending
return of other members
"Out of pocket expenses"of, and those affiliated
with or appointed by it, informally agreed
may be paid by Board
Reimbursement of expanses incurred by members of
old committee; informal report of Mr. Delano
re,
Report as to lease of premises in Nat. Bank Bldg.,
ref. to com't #1 for report
Report by Mr. Warburg re paymaat of expenses of
members who donated services, approved;
payments ordered made
Resolution of appreciation of services rendered by
members of,
Salaries:
Beebe, H. U., salary of ..0,000 per annum for,
approved
Johnson, Albert C., report of com't approving
salary at 435 per month for, approved
Livingstone, Lewis,salary for, at 4220 per
month, from March 15th. to April 1st., and
$1,500 per annum thereafter, approved
page
2/4
160
3/20
475
2/4
161
5/10
786
6/12
1033
5/20
870
5/24
908
5/27
929
6/22
1114
4/18
660
2/6
171
6114
1051
5/10
787
6/17
1064- 6
5/13
808-9
3/15
447
1/30
141
3/15
447
LUX
Page
Capital Issues Committee:
Salaries:
Report of committee approving certain, for staff
2/1
of, approved
of,
staff
for
salaries
fixing
Reoort of committee
2/6
approved
Feb.
of
minutes
in
insert
to
Secretary directed
first, original report of committee re
2/9
salaries of Misses Waters,Coyne & Carroll
and
of,
review
re
Hamlin
Statement by Mr.
2/18
advocating present schedule
Staff of,
Appointment of local secretary in New York
authorized, at salary not to exceed .1:'3,000
3/8
per annum
Elmore, (Mrs.) Katharine, appointment at 4125
3/20
per month, approved
Johnson, Albert C., salary at ,,335 per month,
1/30
approved
Kellogg, (Miss)Kathleen, appointment as
4/2
stenographer, approved
Killingsworth, Frank, transferred from chief
messenger of Board to messenger of Capital
3/28
Issues com't
List of all employees, with salaries, referred
5/10
to committee for report
Livingstone, Lewis, file clerk; letter to
Alexandria draft authorities asking deferred
classification of three months for, approved
3/28
for signature
Maryon, W. S., appointment of, at ,e;125 per month,
2/11
approved
Miller, (Miss) Ardella, appointment at •126 per
3/20
month, approved
Montgomery, Lawrence, appointment at 435 per
4/20
month, approved
as
stenographer
Reeve, (Mrs.) E. W., appointment
2/9
approved
Smitt, (Miss) Menetta H., appointment at 4125
3/20
per month, approved
of
secretary
Walker, George B., appointment as
local committee at Dallas, at :,t2,400,
2/20
approved
file
clerk,
Winger, D., appointment as assistant
4/22
at 4100 per month, approved
Statement by Mr. Delano re taking over by, of supplies,
etc., owned by old Capital Issues com't, and re
5/20
reimbursemont to Board
151
173
187
253
406
476
141
551-52
523
786
523-24
203
476
660
186
476
268
667
869
Capital Issues Committee:
Title of Priorities com't changed to,
1/30
Capital Stock:
See also Stook
American Trust Co., Charlotte, N. C., increase in
capital stock of, approved
1/7
Carbo-Hydrogen Co.
Trade acceptances made against gas produced by,
declared eligible
3/11
Carpenter, N. A.
Letter from, inquiring aa to certain amendments to
National Bank Act; referred to com't
2/18
Carpenter, N. U.
Draft of proposed letter to, presented; referred back
to Gov. Harding
3/18
Letter from, to Chairman Glass of House Committee on
Banking and Currency, re admission of small
State banks; read
3/4
Case, J. H., Deputy Gov., New York F. R. Bank;
Letter to, re eligibility of trade acceptances given
by Gas Distributing Companies to Gas Producing
Companies, presented, modified and ordered
transmitted
4/24
Cassidy Southwestern Commission Co.
Letter to Gov. Van Zandt re paper of, read and ordered
transmitted as the Board's ruling
4/10
Memo. of Counsel re status of certain drafts submitted
by, approved
3/23
Cattle Loan Banks:
Representatives of, at special meeting of Board;
statements made of condition of cattle industry
and its need for loans
2/28
Cattle Loans:
Wire from Kansas Live Stock Association asking support
for loans during coming season; referred to Gov.3/1
Cattle Paper:
Correspondence with Gov. Van Zandt, and between Texas
Cattle Raisers Association and Secretary of the
Treasury re status of, in Texas, presented;
referred to Dallas com't
2/1
Letter from Senator Sheppard re situation as to,
6/5
Cattle Raising Interests of Texas:
Conference with, in Washington, on June 24th. or
26th.; letter from J. P. Cotton re, noted
6/17
Censorship Board, Washington, D. C.
Letter from, in re release of mail at Honolulu;
noted
5/6
Page
136
23
420
253
462
387
685
602
485
319-32
362
149
994
1060
762
Central Reserve & Reserve Cities:
Brooklyn banks:
Gov. authorized to instruct RBank of New York
that pending investigation by Counsel as to
classification of, penalities against same
1/30
not be pressed
require
to
right
Board's
re
Cotton, J. P., opinion of,
certain bans in reserve cities to carry higher
3/23
reserves than others, ordered circulated
g
outlyin
in
s
reserve
re
of,
Cotton, J. P., opinion
banks in reserve cities, ordered transmitted
4/5
to FRBank of New York
nably
unreaso
bid
to
banks
city
reserve
Disposition of
for bank balances; telegrams from The Callaway
Co. Bankers'Association of Fulton, Mo. re,
3/15
discussed
city,
reserve
as
of,
tion
designa
reCal.,
Oakland,
1/4
approved
Board
of
power
re
ed,
request
Counsel
of
Opinion
to permit banks in reserve cities to carry
3/6
lower reserves
city,
reserve
as
of,
ation
-design
re
Ill.,
Peoria,
1/4
approved
Reserve requirements in; memo. of Counsel re,read
2/15
and ref. to Mr. Cotton for opinion
Status of reserve cities; opinion of Counsel re,
2/9
read and referred to com't
week
Oeraeo, Alfred, appointment as stenographer for one
at $5.00 per day, authorized
Certificates of Indebtedness:
Assignwents among FRBanks:
Readjustment of, brought up; ref. to com't
2/13
for recommendation
Harding
Gov.
&
Correspondence between ]Agent Jay
re proposed conference as to sale of Treasury
certificates and conservation of credit, read
1/18
and discussed
to
s
g
investor
inducin
of
ruestion
Discussion of
6/10
absorb short term; no action
t
tion
of;repor
distribu
for
tion
District organiza
Agents with
of Mr. Wills re, at meeting of
3/1
Board
at
of,
loss
re
Hall
FRAgent
Asst.
from
Letter
2/20
Dallas
tion
publica
re
well
Leffing
Sec.
Asst.
Letter from
4/17
of names of subscribers to, noted
publica
re
well
Leffing
retary
Letter from Asst.Sec
tion of lists of subscribers to; Mr. Miller
6/14
to reply
Page
138
486
573
445
17
396
17
230
191
82
218
79
1020
339-10
268
642-43
1049
ZXKII
Certificates of Indebtedness:
Letter from C. R. McKay re reasons for certain banks
failing to subscribe more freely for, presented
and ordered circulated
2/25
Letter from Editor of Sacramento "Bee" re publication
of names of banks subscribing to, read and ref. to
Mr. Miller
4/15
Letter from FRAgent Curtis re losses of, at Boston
2/9
Letter from FRAgent Heath re methods for use in sale
of, in Chicago district; ref. to exec. committee
with power
Letter from FRAgent Jay proposing plan for wider
distribution of, approved, and Gov. requested
to recommend to FRBanks
1/14
Letter from FRAgent Ramsey re organization for sale
of, read and noted
1/25
Letter from FRAgent Wellborn re sale of, noted
1/21
Letter from Gov. Lynch re publication of names of
banks subscribing to; ref. to Asst. Sec.
Leffingwell for opinion
6/12
Letter from Gov. Seay, MBank of Richmond, re placing
of, noted
1/21
Letter from Gov. Seay re conditions governing sale
of Treasury certificates; ref. to executive com't,
together with question of revision of rate
schedule
6/20
Letter from Gov. Seay re statement as to FaBanks
rendering aid in placing Treasury certificates
6/22
Letter from Gov. Strong re rate on, disaassed and
ref. to com't
2/23
Letter from Gov. Wells of St. Louis re sale of, in
St. Louis district, noted
1/21
Letter from Gov. Vold re methods for use in sale of,
in Minneapolis district; ref. to executive
corn't with power
1/21
Memo. of Mr. Warburg re rate for purchase and repurchase of U. S. certificates,read and discussed 2/25
Readjustment of, among FaBanks; report of com't
recommending, ordered transmitted to Mr. L. B.
Franklin
2/15
Sales of,
Letter from FRAgent Rich re, in ninth district,
noted
2/18
Telegram from Asst. Sec. Leffingwell to FRBanks 6/14
re, in anticipation of fourth Liberty Loan, read
Page
285
630
191
93
59
113
94
1037
93
1087
1113
278
94
93
284
231
253
1049
Certificates of Indebtedness:
Subscriptions to; letter from F. R. Hart of Old
Colony Trust Co. re, ref. to Gov. with power
Telegram from FRAgent Perrin re large holding of,
by New York and Cleveland Reserve Banks,
considered; ref. to Mr. Miller for reply
Wilson, E. W., San Francisco; letter from, re
sales of Treasury certificates in twelfth
district; ref. to L. B. Franklin
Chamber of Comnerce of the United States:
Trade Acceptance Committee:
Letter from FRAgent Wills of Cleveland asking
Board's approval of his acceptance of
appointment on; no objection
Page
2/9
185
2/15
233
3/18
464
5/14
813-14
Charters;
Letter from FRAgent Wills advising against chartering of banks with segregated savings departments;
4/8
ordered circulated
Chattanooga Clearing House Banks:
Telegram from, re exchange charges in Atlanta
district; hearing granted representative of,
6/5
on June 11th.
Chief of War Department:
Letter from, requesting each FRBank to detail clerk
for watching suspicious accounts; ref. to Gov.
2/18
with power
Circulars and Regulations:
Letter from Edwin Baxter, Cashier of FRBank of
Cleveland, re 1918 issue of; ref. to
1/21
Secretary for reply
,
Ga.
Athens
Citizens Bank & Trust Co. of
Correspondence with, re proposed membership in
FRSystem; letter of reply approved for
2/6
transmission
Citizens Bank of Portland, Oregon;
Draft of proposed letter to N. U. Carpenter of,
3/18
presented, and ref. back to Gov. Harding
Citizens Commercial Trust Co. of Buffalo, N. Y.
Letter from, re high interest an deposits, read,
4/10
and copy ordered sent FRAgent Jay
o
and
Buffal
Letter from, re interest rates in
5/6
neighboring places
City National Bank of Dallas:
Letter from, re communication from Kansas City
Clearing House as to exchange charges;
5/29
noted
Clayton Act:
Applications under,
4/5
Ames, E. E., application of, approved
591
995
253
88
175
462
603
749
945
575
Clayton Act:
Applications under,
Amos, E. E., report of com't re application of,
ref. to Gov. with power to act
4/8
Armstrong, W. W., application of, approved
3/15
Ball, A. H., application of, approved
2/9
Brengly, H. G., application of, approved
5/20
Brown, Charles G., application of, approved
4/3
Brown, Randall K., application of, approved
3/29
Campbell, C. I., application of, approved
4/22
Carlton, A. E., application of, approved
1/2
Case of Messrs. Marx, Brown & Fredericks of
Rochester, N. Y., presented by Mr. Hamlin
asking action, tabled
4/1
Chase, Irving H., application of, approved
6/29
Chatham, H. A., application of, approved
5/3
Clark, W. D., application of, approved
5/13
Cooke, Thornton, application of, approved
1/7
Corbett, M., J., application of, approval
5/27
Crapo, S. T., application of, approved
5/17
Dennett, N. W., application of, approved
4/22
Devine, M. W., application of, approved
5/27
Dillingham, F. A., report of com't re,appmved 1/18
EpAterday, P. R., application of, under Clayton
Act & Kern Amendment, approved
2/11
Edwards, G. C„ application of, approved
5/27
Farrell, James, application of, approved
3/13
Fletcher, Andrew, application of, approved
3/13
Fowler, W. J., application of, approved
5/20
Fredericks, W. C., application of, approved
4/3
Gary, Guy, application of, approved
2/9
Gasselli, C. A., application of, approved
4/26
Grainger, J. V., application of, approved
5/27
Grant, Rollin P., application of, approved
5/20
Hall, Herbert F., report of com't on,approved
1/16
Hamlin, Willard, application of, tabled
3/29
Hamlin, Willard, application of, approved
4/3
Harriman, J. L., application of, approved
5/27
Henderson, J. D., application of, approved
4/22
Hillman, J. H., application of, approval
5/17
Hine & Dillingham, report of com't re, approved 1/18
Houlehan, J. F., application of, approved
1/16
Houston, Samuel F., report of com't re, approved1/18
Howard, George, application of, approved
5/27
Huston, A. F., application of, approved
1/7
Jennings, E. H., application of, approved
5/20
Keith, David, application of, approved
3/15
Kelly, H. A., application of, approved
1/23
Page
593
448
188
871
556
533
667
6
545
1175
735
800
24
931
839
667
931
80
204
931
434
434
871
556
188
696
931
871
67
533
556
931
667
839
80
67
80
931
23
871
448
103
Clayton Act:
Applications under,
Laughlin, F. E„ application of, approved
MacGill, Charles C., application of, declined
McGill, W. N., application of, approved
Mcueen, H. C., application of, approved
MdRae, Alexander A„ application of, approved
Marks, H. F., application of, approved
Messrs. Keith, Ruth and Roberts, applications
of, approved
Messrs. Thayer, Lewis and Davidson,applications
of, approved
Myers, F. E., application of, approved
Neal, T. E., report of com't re, approved
Norris, F. W., application of, approved
Nutt, J. R., application of, approved
O'Grady, J. P., application of, approved
Padula, J. V., application of, approved
Parmelee, J., application of, approved
Poll, S. Z., application of, approved
quealy, P. J., application of, approved
Rech, J. E., application of, approved
Report of com't re, approved
Ring, Welding, application of, approved
Robinson, H. C., application of, approved
Schnull, Gustav A., application of, approved
Smith, H. J., application of, approved
3prunt, J. A., application of, approved
Squire, A., application of, approved
Stempfel, Theodore, application of, approved
Stevens, Nathaniel, application of, approved
Struve, F. K., application of, approved
Succop, A. E., application of, approved
Thayer, J. E., application of, approved
Tinker, E. R., report of com't re, approved
Vallers, H. L., application of, approved
Wade, J. H., application of, approved
Walker, H. V., application of, approved
Ward, H. E., application of, approved
Warriner, S. D„ application of, approved
Whatley, J. P., application of, approved
Whitmore, Daniel, application of, approved
Wick, Paul, application of, approved
Wolferman, Fred, application of, approved
Banks whose directors may be subject to provisions
of; letter from FRAgent Curtiss re, read and
ref. to Counsel
Page
1/16
4/5
3/29
5/27
1/30
4/3
67
575
533
931
142
556
2/27
313
2/4
4/26
4/15
4/22
4/26
3/13
5/27
4/26
5/27
4/20
5/17
2/15
5/27
4/3
1/25
5/20
5/27
4/26
6/17
1/16
2/25
5/20
5/17
4/15
5/27
4/26
5/22
5/20
2/9
1/23
5/22
5/17
1/16
163
696
632
667
696
434
931
696
931
661
839
232
931
556
115
870-71
931
696
1064
67
287
871
839
632
931
696
897
870
189
103
897
839
67
4/20
662
:OCCVI
Clayton Act:
Directorates under,
Ruling of Board dealing with method of procedure
of com't 43 re directors,called to attention
of Board by Comptroller
5/24
Various reports recommondinc action upon,
conditions as to which were brought to
attention of Board through office of
Comptroller; approved
5/24
Kearns, Thomas, report of com't re status of,under;
approved
1/7
Opinion of Counsel re status of Section 13 of FRAct
as affected by; approved
5/20
Padula, J. V., memo. of Counsel re status of,
6/7
Rouse, John G., report of com't re status of, under;
approved
1/7
Smoot, Reed, status of, under; ref. to com't for
report
4/20
Status of directors under;
Report of com't re directors of Fifth Nat.
Bank, N. Y., approved
1/18
Report of com't re directors of Fourth Nat.
Bank of Boston, approved
1/16
Report of °omit re directors of Omaha Nat.
Bank, Omaha City, apprav
1/18
Report of com't re directors of Philadelphia
Nat. Bank, approved
1/9
Report of com't re directors of Second Nat.
Bank of Boston, approved
1/18
Report of com't re directors of Union Nat.
Bank of Newark, approved
1/18
Report of com't re interlocking directors of
Irving Nat. Bank & Irving Trust Co.;
approved
5/1
Status of Messrs. Armour, Oliver, Mitchell,
Spoor and Shedd under; report of com't
re, approved
1/7
Violations of; report of com't re alleged,approved 2/15
Clearing & Collection:
Clearing:
Letter from ERAgent Ramsay re application of
present clearing rules in Kansas City,
discussed and acted upon
5/6
Memo. of Mr. Delano re treatment of clearing
members at points such as Chattanooga,
etc.
6/27
;.:uestion of publishing opinion of Attorney
General re clearing of checks,discussed;
agreed to request withholding from
publication
3/25
910
909
24
871
1004
24
661-62
81
80
81
36
81
80
721
23
232
747
1153
504
Clearing & Collection:
Clearing charges; letter from Asst. Attorney General
Warren re recent opinion of Dept. of Justice as
4/15
to, read and noted
FRBanks
Clearing system; draft of proposed letter to
re transmission of data re, submitted by Gov.
3/8
Harding; letter ordered sent
Collection:
Conference of Board with delegation of Kansas
City district bankers, and discussion
5/13
re exchange & collection conditions
e
of
acceptanc
out
growing
Elimination of "float"
collections; letter from Gov. Strong re,
6/3
and Gov. Harding's reply
n
collectio
for
presented
Endorsement of paper
at New York; report of committee requiring,
1/7
approved
n
charges;
collectio
re
Jay
Letter from FRAgent
5/22
ordered circulated
of
n
collectio
re
Wills
illAgent
Letter from
maturing items, and proposed reply, read
1/23
and ref. back to Gov. Harding
charging
of
re
policy
in
Faucher
Gov.
Letter from
discount for additional days after maturity
5/17
of items sent for collection
charging
of
methods
re
Fancher
Gov.
Letter from
discount for additional days involved in, 5/24
5/20
Letter from Gov. Miller re charges for,
of
charges
question
re
Morss
Gov.
Letter from
5/24
for collection of checks
n
collectio
re
McDougal
&
Seay
Goys.
from
Letters
5/29
charges on member bank items; referred
Letters from Messrs. Passmore & Talley re
collection charges on checks at Phila. &
6/5
Dallas, considered and ref. to comet
ent
Report of Mr. Delano recommending postponem
of proposed plan for establishing schedule
of member bank collection charges,adopted 6/29
Schedule of member collection charms; action
6/28
on introduction of, postponed
for,
placed
checks
Statement by Gov. Harding re
with FRBank of Atlanta for Internal Revenue
2/6
Bureau
Louis
St.
of
MBank
Collection charges; letter from
6/7
re,
of
ation
interpret
Opinion of Attorney General in re
clearing and collection provisions of FRAct,
3/23
read and ordered circulated
Page
629
408
801-6
981
23
895
103-4
837
907
868
907
941
991-92
1180
1169
171-72
1004
464
Clearing & Collection:
Opinion of Attorney General re, ref. to Chairman
of com't #1
4/1
Service charges:
Publication of Attorney General's recent
opinion re, discussed; no action
4/5
-„uestion of abolishing, ref. to executive
committee
4/1
Report of com't re changes in collection and
service charge system in FRBanks, read
and approved with slight amendments
4/5
Clearing House Banks:
Omaha:
Telegram from, approving policy of not advancing
interest rates on bank balances; noted
3/4
Clearing Houses:
El Paso:
Telegram from, re branch to be established at,
noted
2/13
Nashville:
Letter from T. G. Garrett of, re rates to be
fixed for paper secured by Liberty Bonds;
ref. to Gov. for reply
1/25
Cobb, Z. L., Collector, El Paso:
Telegram from, re finamial situation
1/21
Code Telegrams:
Memo. of Asst. Secretary Adelson re; discontinuance
of such telegrams, except in specific cases,
authorized
Cohn, (Prof.) Adolph:
Letter from, asking for material re financial
aspects of the War
Coin and Currency:
Travellers' allowance:
Reduction in amount of, recommended by Gold
Export comit at meeting, March 28th.,
approved
Coin, Currency and Bullion:
Export:
Applications for permission to, and matters
relating thereto, acted upon
Page
544-45
573
544
573-74
381
214
112
85
6/7
1004
5/8
772-73
3/29
533
1/2
1/3
1/4
1/5
1/8
1/9
1-2
7-8
9-11
19-20
28-30
31-32
Page
Coin, Currency & Bullion:
Export:
Applications for permission to, and matters
relating thereto, acted upon
.
1/10
1/11
1/12
1/14
1/15
1/16
1/17
1/18
1/19
1/21
1/22
1/23
1/24
1/25
1/26
1/28
1/29
1/30
1/31
2/1
2/2
2A
2/5
2/6
2/7
2/8
2/9
2/11
2/12
2/12
2/14
2/15
2/16
2/18
2/19
2/20
2/21
2/23
2/25
2/26
2/27
2/28
3/1
3/2
3A
38-40
41-44
53-54
57
62-63
64-65
71-72
76-77
83-84
85-86
95
97-99
105
107-109
117
121-22
130-31
133-135
143-44
145-147
154-156
157-159
165-66
167-169
176-178
181-183
192-93
194-198
206-7
210-212
224-25
226-228
234-35
239-242
261-62
263-265
271-274
275-76
280-282
291-92
299-302
315-318
358-360
368-69
376-379
Coin, Currency, & Bullion:
Export:
Applications for permission to, and matters relating
thereto, acted upon
3/5
3/6
3/7
3/8
3/9
3/11
3/12
3/13
3/14
3/15
3/16
3/18
3/19
3/20
3/20
3/23
3/23
3/25
3/26
3/27
3/28
3/29
3/30
4/1
4/12
4/3
4/4
4/5
4/6
4/8
4/9
4/10
4/11
4/12
4/113
4/15
4/16
4/17
4/18
4/19
4/20
4/22
4/23
4/24
4/25
Page
388-89
390-392
398-402
403-4
410-412
413-417
423-4.25
427-429
436-438
440-443
450-452
456-460
468-470
471
478-480
481-483
494-496
497-501
505-509
511-513
520-522
525-528
535-537
538-39
547-549
553
560-562
566-568
577-580
585-589
595-597
598-600
606-7
614-620
621-22
624-627
634-636
638-640
647-649
651-653
654-657
663-666
673-74
677-679
686-689
Kid
Page
5
Coin, Currency& Bullion:
Eaport:
Applications for permission to, and matters
4/26
relating thereto, acted up.,
4/27
4/29
4/30
5/1
5/2
5/3
5/4
5/6
07
5/8
5/9
5/10
5/11
5/13
5/14
5/15
5/16
5/17
5/18
5/20
5/21
5/22
5/23
5/24
5/25
5/27
5/28
5/29
5/31
6/1
6/3
6/4
6/5
6/6
6/7
6/8
6/10
6/11
6/12
6/13
6/14
6/15
6/17
6/17
692-93
698-702
703-706
711
715-717
723-726
728-731
739-741
742-745
752-756
758-762
774-776
777-781
788-790
792-796
.810-812
816-819
825-828
829-833
841-843
856-859
872-877
890-893
902-905
912-916
919-921
923-927
932-936
937-939
955-960
967-971
973-979
985-987
988-990
997-999
1000-1002
1007-1011
1012-1016
1025-1029
1030-1032
1039-1041
1043-1045
1053-1056
1057
1067-1071
Coin, Currency & Bullion:
Export:
Applications for permission to, and matters
relating thereto, acted upon
0
,
18
6/19
6/20
6/21
6/22
6/24
6/25
6/26
6/27
6/28
6/29
Correspondence with Senator Owen re licenses
granted for, read
3/8
Letter from Colville Barclay re conditions
surrounding export of American currency;
ref. to Gold Export committee
6/22
Lotter from 7/ar Trade Board requesting all
applications for permission to, to specified
neutral countries, be referred to them before
issuing permits; noted and will comply
1/15
Importations:.
Telegram from MBank of San Francisco re, ref.
to Mr. Strauss
2/20
Leffingwell, R. C., Asst. Sec. of Treasury; letter 6/27
from, re coinage of a two and one-half cent piece
Novitsky, W., application of, for power for Mr.
Khostchinzky to take 412,000 currency to Russia,
approved, subject to assent of State Department 4/3
Shipments of,
Canadian Bank of Commerce, application of, to increase Shipment of silver bullion to
Calcutta, approved
1/16
Collateral:
Bills deposited as,
Letter from FRAgent Austin re conditions in
Philadelphia in handling of, noted
2/25
Holding and endorsement of, a7ainst F. R. notes;
letter from ERAgent Heath and opinion of
Counsel re, read
3/8
Collections: See Clearing and Collection
Collector of Internal Revenue:
Letter from Gov. McCord re controversy with local,
and menz. of Counsel, read; ref. back to Gov.
Harding for action
4/12
1072-1074
1076-1079 t
1080-1064
1094-1099
1100-1106
1115-1120
1121-1124
1142-1144
1145-1140
1162-1161
1171-1176
403
1109
62
270
1154
557
70
284
407
612
XLIII
Collins, I. W.
Telegram from, to the President, transmitted by
Asst. Sec. Leffingwell; ref. to Gov. for
6/20
reply
Colonial Bank of Porto Rico:
Letter from Alien Property Custodian re designation
of, as depository, read and ref. to Gov. for
1/25
investigation
,
Ltd.
Commercial Bank of Spanish America
Correspondence with, re issue of notes in Peru,
1/15
noted
n
Peruvia
for
1,25,000
of
Lotter from, in re deposit
Govt. as security against note issue; ref. to
1/8
nr. Kent
n
Peruvia
for
gold
re
tabled,
sly
Letter from, previou
Govt.; Secretary to advise that Jr. Kent will
1/10
discuss matter with bank
0
0.25,00
MBank
with
ing
deposit
re
from,
Letter
2/1
gold for Peruvian Govt.; Board favorable
Commercial Credit Company of Baltimore:
Letter from A. E. Duncan of, re financing of
automobile business, read and disaussed;
1/7
ref. to executive com't for reply
Commercial Economy Board:
Letter from A. W. Shaw of, asking Board's
assistance in study of extent to which
civilian consumption is being curtailed;
3/11
ref. to com't with power
Commercial Gernania Savings Bank:
Status of directors of; report of com't on,
1/7
approved
C.
Comrarcial National Bank of Washington, D.
Copy of report of, with letter from FRAgpnt Hardy
ro, presented, and condition of bank discussed;
letter of reply of Gov. Harding approved for
4/8
transmission
Foreign
n
Awrica
in
stock
e
purchas
Permission to
4/1
iBanking Corporation, granted
review
of
Board
com't
that
ller
Comptro
by
Request
results of examination of; ref. to Gov. &
5/20
Richmond com't
Commissioner Hitt of Idaho:
6/10
Letter from, re a connection with the FRSystem
Committees:
Clayton Act Committee:
Minutes of meeting of April 22nd., presented
and approved
5/1
Page
1087
113
62
28
38
145
21
420
23
590
544
867
1020-21
721
Committees:
Executive!
Authorization of, to act for, and in name of,
Board, in absence of quorum
6/27
Miller, A. C., designated by Gov. Harding as
member of, to serve three months
3/29
Mr. Delano named as member of, in place of
Mr. Miller, to July 1st., and as regular
member thereafter,
6/27
vuarterly change in personnel of, ref. to Gov.
for action
3/25
Resolution fixing status of, adopted
2/1
Salary and dividend matters referred to,during
June, agreed shall be referred with power 6/25
Gold Export:
New com't on, created, to supersede executive
committee sitting as,
1/14
Notice from Mr. Hamlin that he would withdraw
from, as of date
5/17
Request of Gov. Harding that he be relieved
from service an, approved; Mr. Warburg
designated to serve in his place
5/8
Time of meeting of, determined upon
6/11
Priorities:
Draft of letter to Gov. Chas. A. Morss presented
by, re proposed bond issue in Mass., read
and ref. back to committee
1/23
Formation of, and powers vested in same
1/14
Informal report of Mr. Warburg of willingness
of Yr. Allan Forbes to assume duty in
connection with,
1/18
Personnel of Advisory Committee on. Priorities,
named, to serve without compensation
1/28
Statement by Mr. Warburg that committee am,
would sabmit, from time to time, its
minutes for approval by Board
1/28
Communications to Congress:
Governor authorized to sign all,
1/18
Comptroller of the Currency:
Annual report of, presented; exception taken
to
recommendation in favor of guarantee of certai
n
bank deposits under specified conditions
1/26
Correspondence with, read, as to whether branch
es
of member banks, if permitted, should be
created under regulations of Board or
Commtroller
3/20
Letter from, re compensation to certain directors
of
Bank of Pittsburgh; report of committee no
further action needed
1/25
Page
1158
529
1149
502
150-51
1130
60-61
&IC
765
1048
103
60
81
128
129
78
119-20
477
115
XIV
Comptroller of the Currency:
Letter from, re loss of lower halves of F. R. notes
shipped from New Orleans branch to Treasurer of
U. S.; ref. to com't for consultation with
3/23
Counsel
;
ref.
new
macerator
a
Letter from, re purchase of
6/14
to com't with paver
as
ions
conversat
re
Letter from, to Gov. Harding,
6/25
to bank guaranty; read and discussed
of
banks
status
re
Letter to FRAgent Rich from,
6/27
in Montana
/6
5
of
examiners
transfers
recent
llemo, of, stating
from
Gov.
letter
of
copy
Note from, transmitting
R. L. Van Zandt to Geo. E. Webb, read and.
3/27
referred to Gov. for reply
g
containin
report
annual
his
Proofs of parts of
1/23
recommendations to Congress, filed with Board
,3,500,
of
cost
at
for,
macerator
of
Purchase
6/20
approved
Recommendation favoring guaranty of bank deposits,
discussed; matter deferred until return of
1/28
Gov. Harding who wrote Secretary McAdoo re,
Ruling re excess loans secured by Govt. bonds;
2/18
letter from FRAgent Jay re, ref. to com't
Statement by, that he had been misquoted by J. W.
Perry before Board of Directors of RBank of
5/6
Kansas City re limit of earnings of FRBanks
Statements of Gov. Harding and Mr. Hamlin submitted
by, acknowledging that they had individually
6/20
approved guarantee of national bank deposits
ndents
Conference of Board with Committee of State Superinte
of Banking:
5/29
Minutes of,
Conference of F. R. Agents:
Joint meeting of FRAgents with Board, and minutes
3/1
of sane
until
tabled
possible,
re
Letter from FRAgent Perrin
2/1
Feb. 4th.
action
read;
proposed,
re
Perrin
Letter from RAgent
2/4
postponed
of
minutes
and
FRAgents,
with
Meeting of FRBoard
2/26
sane
Conference of Governors:
Joint session between, and FRBaard; minutes of,
3/25
presented; ordered passed to file
n,at
g
discussio
suggestin
Seay
Gov.
from
Letter
coming conference, of question of volume of
6/27
loans of members to non-members; approved
Page
486
1050
1133
1151
746
519
101
1088
125
252
750
1090-91
947-954
323-357
149
161
293-298
502
1154
XLVI
Conference of Governors:
Lotter from Gov. Strong of New York proposing a
conference of Govs. to act on interest rates;
discussed
3/8
Letter from Gov. Strong re informal conference
recently held in New York, with personnel of
those attending and subjects discussed
6/28
Secretary directed to notify Chief Examiner
Broderick of conference on July 1st. & 2nd.
6/28
Subjects for discussion at conference with Board
an July 31st., anti following days; Govs. to
be notified re,
6/22
Telegram from Gov. Strong re arrangements for
forthcoming, read and noted
3/15
Connecticut Bankers' Association:
Letter from, inviting Gov. Harding to attond
annual convention, read; attendance
authorized
4/5
Conservation of Credit:
Letter from
Agent Jay stating Gov. Strong's
sugrpstion of meeting of Goys. or FRAgents
to discuss plans for; discussed unfavorably,
and referred to Priorities Committee
1/16
Proposed conference re; correspondence between
FRAgent Jay and Gov. Harding re, read and
discussed
1/18
Consul General at Hongkong:
Dispatch from, forwarded by -Sec. of State, re effect
of FRBanking System on Eastern banking, noted
4/17
Continental Trust Co., of Chicago:
Letter from, re status of its obligations; ref. to
committee with Counsel
2/9
Cotton, J. P., Consulting Counsel, FRBoari:
Letter from, re conference with cattle raising
interests of Texas, in Washington on June 24th.
or 26th., noted
6/17
Opinion of, in re right of Board to require certain
banks In reserve cities to carry higher reserves
than others, according to location; ordered
circulated
3/23
Opinion of, re amount of reserves in outlying banks
in reserve cities, ordered transmitted to
FRBank of New York
4/5
Cotten Financing:
Discussion re, at Nat. Cotton Manufacturers'
Association in New York, May 4th.; report by
Gov. Harding re,
5/6
Page
405
1169
1170
1113
445
575
68
79
642
186
1060
486
573
749
XLVII
Cotton Financing:
Letter fron Nat. Association of Cotton Manufacturers
re proposed change in methods of, presented;
Gov. authorized to attend session of Association
4/22
on May 4th.
ee
of
committ
Letter from R. R. Wilson re meeting
on, in New York, and desired presence of
6/3
Gov. Harding
of
e
committe
by
Report by Gov. Harding re action
Amertaan Cotton Manufacturers Association
6/10
re use of acceptances in,
Cotton Shipments: Telegram from President Smith of Texas Bankers'
Association, and others, re cargo space
4/12
for; ref. back to Gov. Harding
Counsel(M. C. Elliott):
Form letter submitted by, for replying to inquirers
1/9
submitting hypothetical questions, approved
under
lis
Minneapo
at
bonds
of
sale
Letter from, re
1/23
agreement to repurchase, ref. to committee
Order
ve
Executi
d
propose
stating
Letter from,
regulating Foreign Exchange is ready for
1/29
publication; publication authorized
in
bank
s"
"saving
word
of
use
re
from,
Letter
advertisements, with draft of proposed letter
to Supt. of Banking Dept. of New York, read,
3/8
discussed, and ref. to Gov. with power
Letter from, re trade acceptances, read, discussed,
4/3
and tabled; to be circulated maanwhile
Memo, of, re proposed regulations as to foreign
exchange, with copies of regulations; tabled
1/9
until next meeting
Memo, of, re payment of expenge of administering
foreign exchange regulations of Board; ref.
1/9
to Mr. Kent for estimate of expense
sale
for
Memo, of, re bill proposed by Mr. Strauss
1/11
of silver
ng
providi
tures
Memo. of, re bill for State legisla
for membership in PRSystem; authorized to
1/14
proceed along lines outlined
banks,
s
Illinoi
for
Memo. of, re fiduciary powers
apropos of application of Nat. Bank of Decatur,
1/23
approved
may
Banks
Land
Stock
Joint
Memo. of, stating that
1/23
deposit with FRBanks; ref. to comit
nce;
accepta
trade
le
negotiab
of
Memo. of, re form
1/30
ref. to com't
Page
666
981
1019
611
34
103
132
407-8
558
33
34
46
60
101
101
138
XLVIII
Counsel (M. O. Elliott):
Memo. of, re letter of Gov. Strong re application of
10/: limitation on paper secured by Liberty Bonds,
read and ref. to Gov, for action
1/30
Memo. of, re restrictive endorsement an paper placed
by FRAgents with PRBanks for collection; ref.
to special Counsel Cotton for opinion
1/30
Memo. of, re endorse/rent of paper in favor of banks
discounting domestic acceptances, presented;
ref. to committee an Law
2/1
Memo. of, re status of savings accounts under
specified conditions at Uilmington, Del.,presented; ref. to com't an Law
2/1
Memo, of, re proposed amendnent to Section 22 of
P. R. Act, proposed by certain New York
attorneys, read; hearing granted at
an
Feb. 15th.
2/13
Memo. of, re bringing to attention of Dept. of
Justice certain fees paid to Harrison Nesbit,
president of Bank of Pittsburgh; matter ordered
referred, through Counsel
2/15
Memo, of, re endorsements of documents attached to
domestic drafts or bills of exchange; ordered
printed in Bulletin
2/15
Memo. of, re reserve requiremunts in reserve and
central reserve cities; ref. to Mr. Cotton
for opinion through committee #3
2/15
Memo. of, re status of savings accounts at
Wilmington, Del., presented and ref. to com't
#3 for publication, if approved
2/15
Memo. of, re unrestricted endorsements on paper
delivered to FRAgents; ref. to Com't #3
2/15
Memo, of, re French Railway acceptance renewals;
ref. to com't for report
2/20
Memo. of, re suggested amendment to savings deposit
regulations; ref. to executive com't for
report
2/20
Memo. of, re conversion of savings into national banks
in California; ref. to Hr. Hamlin for ()Iranination
Meao, of, re proposed legislation re status of
savings banks in California; ref. to executive
committee
2/25
Memo, of, re withdrawal of Elmhurst State Bank,
read and approved
2/25
Memo. of, re acceptances; ref. to committee on
Law; to be published in Bulletin if approved
3/8
Page
139
140
153
149
218
230
230
230
230
230
270
267
289
287
283
406
/
XLIX
Counsel(M. C. Elliott):
tute
Memo. of, re eligibility of temporary substi
r of
office
an
is
who
t
RAgen
for an assistant
3/11
ed
approv
a member bank,
re
Memo. of, re question of obtaining more data
cts;
distri
l
severa
in
banks
le
eligib
status of
3/13
tee
ref. to commit
in
lainlo. of, re legislation to increase membership
3/18
20th.
March
for
ted
-docke
re
d
ordere
FRSystem;
Memo, of, re conference with representatives of
American Bankers' Association re trustee powers
for national banks; authorized to furnish memo.
3/20
prepared on subject
Memo, of, re franking of matter by Capital Issues
Committee; action postponed pending adoption
3/20
of War Finance Bill
ted
sugges
Memo. of, re transmission of his outline of
legislation to increase membership in FRSystem;
3/20
approved for transmission to FRAgents
by
ted
submit
Memo. of, re status of certain drafts
3/23
Cassidy-Southwestern Commission Co., approved
ted
presen
paper,
r
Memo, of, re eligibility of tracto
3/27
and acted upon
,
icates
certif
gold
of
Memo. of, re use of fac-similes
etc., and suggesting undesirability of, read;
4/8
Gov. requested to reply accordingly
biles,
automo
used
wareho
by
Memo. of, re acceptances
4/15
holding ineligible, read and approved
ts
FRAgen
Asst.
ting
appoin
Memo. of, re question of
at Cincinnati and Pittsburgh in charge of
4/20
combinations of vaults, read
ngs
buildi
old
of
cost
of
off
Memo, of, re charging
an new site of San Francisco Bank, read;
5/1
ref. to executive oommittee
R. notes
Memo, of, re question of redeeming
d and
adopte
on,
ficati
identi
of
impossible
5/1
Issue
of
Div.
to
icated
commun
d
ordere
Memo. of, re apportionment of cost of F. R. Bank
notes; ordered mimeographed and trnnIndtted
5/3
to FRBanlix
ity
indemn
Memo, of, approving form of request and
for packing house acceptance paper in use by
5/8
Cudahy Bros., read and accepted
in
notes
Bank
Memo, of, re redemption of National
5/10
lawful money
ing
engrav
izing
author
Memo. of, re poll,ers of attorney
of signatures of officers on F. R. Bank notes,
5/17
approved
Page
419
431
465
473
475
474-75
485
515
592-93
630
662
719
720
733-34
764
784
657
Counsel (M. C. Elliott):
Memo, of, re procedure in consolidating Somarville Trust
Co. and Somerville National Bank
5/20
Memo. of, re discount of cold storage paper, referred 5/27
Memo, of, disapproving of compulsory requirement that
depositors present passbooks when making withdrawals from savings accounts; disapproved
5/29
Memo. of, re discounting of cold storage paper,
discussed and referred
5/31
Memo, of, re status of J. V. Padula
6/7
Memo. of, re eligibility for rediscount of notes
secured by War Savings stamps
6/10
Memo, of, re discount of notes executed in blank;
ref. to FRBank of Richmond
6/17
Memo, of, re discount of notes secured by War Savings
stamps, approved for transmission
6/17
Memo. of, re discounting of cold storage paper
6/17
Memo. of, re power of Board to establish special
agencies; ordered circulated
6/22
Memo, of, re surrender of stock to Kansas City bank,
and claims of member banks surrendering,
6/27
Memo, of, re aid extended by member to non-number
banks; ordered discussed at forthcoming Goys.
Conference
6/27
Opinion of, re eligibility for rediscount of paper
of Securities Corporations dealing in automobile
paper; ref. to Gov. to prepare letter stating
Board holds ineligible
1/16
Opinion of, re status of reserve cities, read and
ref. to committee
2/9
Opinion (informal), re fiduciary powers in Montana, approved
for transmission to FRAgent Rich
2/15
Opinion of, holding the making of acceptances against
live cattle, with chattel mortgage protection
and agreement to renaw,not permissibleopproved 3/25
Opinion of, re eligibility of certain packing house
paper; ref. to Gov. for further Inquiry with, 3/27
Opinion of, re acceptances against export transactions,
approved; copies ordered forwarded FRBanks
4/2
Opinion of, re redemption of mutilated F. R. notes,
read and ref. to committee
4/10
Opinion of, requested, as to legality of one FRBank
paying out the bank notes issued by another
MBank
4/23
Opinion of, re certain hypothetical questions asked
by Bank of Buffalo through FRBank of New York,
read and adopted.
4/24
870
930
946
965
1004
1022
1061
1063
1066
1114
1153
1158
69
191
232
503
516
551
602
676
682
LI
Counsel (I:1. G. Elliott):
Opinion of, re branches of member banks situated
in districts different from those of parent
banks; approved
Opinion of, holding that War Finance Corporation
Act has not repealed part of Section 13 of
Page
4/24
5/17
FRAct
as
FRAct
Opinion of, re status of Section 13 of
5/20
affected by Clayton Act; approved
ed
propos
of
Opinion of, with preliminary draft
resolution to be adopted by FRBanks in connection with issuance of FRBank notes under
5/31
Pittman Act; approved
sco
Franci
San
Report re authorization of MBank of
to proceed with bast case as to constitutionality of State tax on deposits, in California;
5/29
test case authorized
Credit Department of FRBanks:
g
Relation between, and FRAgent, discussed at meetin
3/1
Board
of FRAgents with
Credits:
Curtailment of bank,
Memo. of Mr. Hamlin re issuance of statement
6/12
by Capital Issues Com't re,
Letter from Asst. Sec. Leffingwell re question of
immediate, for payments on account of Liberty
Loan purchases; ref. to Gov. for discussion
3/13
at conference of Governors, March 22nd.
Letter from Rep. D. T. Morgan re short term credit
1/21
for farmers, ref. to executive com't
Letters re establishment of a credit to stabilize
5/10
Canallian exchange
Renewal of acceptance credits:
Draft of letter to Gov. Strong re Board's
policy re, in New York; approved for
2/6
transmission
y;
For Paris, Lyons and Mediterranean Railwa
letters from Deputy Gov. Treman, N. Y.,
and Vice Pres. Rovensky, Nat. Bank of
2/4
Commerce, re,read and ref. to com't
ed
propos
re
Restriction of; memo. of Mr. Hamlin
statement by Capital Issues com't re policy
6/22
to be pursued in,
of
ion
promot
and
Restriction of non-essential,
thrift; report of Mr. Jay re, at meeting
3/1
of FRAgents with Board
Ohio;
dothe,
of
Chilli
Sears and Nichols Canning Co.
proposed letter re, and their bank credit
accommodation,read,modified, and ordered trans4/6
mitted
685
837
871
965
945
356
1033
433
92
784
174
161
1114
341-349
593
LII
Credits:
Trade Acceptance Credit:
Letter from E. F. Dahn of Seattle, Washington,
re proper period of; ref. to com't
4/15
Crosby, Asst. Secretary of the Treasury:
General discussion re remittances abroad, eta., discussed at meeting of, with Board
5/13
Cuban Sugar Crop:
See Financing of Cuban Sugar Crop:
Cumberland. Valley National Bank of Nashville, Tenn.
Letter from, re question of establishing a branch at
Nashville, presented
6/3
Currency:
Discussion re, at meeting of PRAgants with Board
3/1
Curtailment of Civilian Consumption:
Letter from A. W. Shaw of Commercial Economy Board
re, and asking Board's assistance in study of
extent of, ref. to com't
3/11
Curtis, J. F., Deputy Gov., FaBank of New York:
Letter from, re eligibility of ninety-day notes of
railroad companies, presented; Board favorable 3/6
Letter from, re Foreign Trade Banking Corporation
and operations of Max May, presented and ordered
circulated
6/5
Letter from, re charge off of value of real estate
at FRBank of New York
6/17
Salary at 0.5,000, approved
1/11
Curtiss, Frederic H., FRAgent, Boston:
Letter from, re losses of certificates of indebtedness
at Boston, read
2/9
Letter from, re privilege of rediscounting obligations
of non-member banks and their customers, read
and reply authorized
3/29
Letter from, re banks whose directors may be subject
to provisions of Clayton Act, read; ref. to
Counsel
4/20
Letter from, re forthcoming pamphlet on bankers'
acceptances, read and ref. to com't and
Counsel
4/26
Letter from, re agreement of Boston banks as to
rates of interest an deposits
5/10
Letter from, re attitude of FRBank of Boston toward
employee guilty of recent theft
6/17
Telegram from, naming rate of 4-,;.; on trade acceptances,
approved.
1/4
Custody and Endorsement of Eligible Paper:
Mem. of Counsel re, held by FRAgents; ref. to Gov.
for consultation with FRAgent Heath
3/13
Cutting, H. C.
Letter from, addressed to the Presidaat,ordered
circulated
6/10
Page
631
799
981
355-56
420
409
991
1059
50
191
534
662
695-96
786
1062-65
12
431
1022
LIII
Dahn, E. F., of Seattle, Washington:
Letter from, on proper period of trade acceptance
4/15
credit, presented and ref. to committee
:
Forek:n
Exchange
Dealers in
Publication of instructions to, ordered by Board,
1/30
Gov. to decide as to mode of publication
Delano, F. A., Member of Board:
Letter from, stating he had requested the President
for release from service on Board in order to
serve in France; resolution of regret passed
6/25
by Board
Memo. of, re economy of gasoline fuel in automobile
4/26
operation, read and noted
Memo. of, re by-laws of FRBank of Kansas City,
adopted; ordered transmitted to FRAgent Ramsey 6/3
Memo. of, re treatment of clearing members at points
6/27
such as Chattanooga, etc.
Notice of proposed official trip to Chicago on June
6/14
20th.; trip authorized at expense of Board
are
which
Statement by, re certain banks in Texas
applicants for membership in FRSystem but in a
4/26
doubtful position as to admission
Department of Commerce:
Letter from B. S. Cutler of, re relative position
of London and New York discount markets, noted 6/22
Department of Justice:
Letter from, re shipments of gold from Honolulu to
2/18
Manila; ref. to Mr. Strauss
by
gold
Ingot
tons
six
of
Shipment
Letter from, re
4/18
Lenin° and Trotsky, Russia to Sweden, noted
contract
to
of
ion
fees
eliminat
re
Letter from,
brokers, read; form of covenant suggested
ordered incorporated into Board's contracts in
6/27
future
es
activiti
certain
into
by,
mane
inquiry
of
Results
of First Nat. Bank of Eagle Bend, Minn., presented;
4/24
documents noted and ordered circulated
Department of State:
Memo. from, transmitting copies of dispatches from
U. S. Embassy at London re banking amalgamations
in United Kingdom,and certain intercepted commu6/27
nications with Censor's comments thereon,
re
Presentation by La'. Strauss of letter from,
proposed gold shipment to Bolivia; application
1/31
ordered declined
Depositaries:
Letter from Gov. McDougal re conditions in Wisconsin
1/21
and Michigan as to status of, therein, noted
Page
631
141
1138
694
983-84
1153
1052
697
1114
240
647
1154
682
1147
143
94
LIV
Depositaries for Alien Property Custodian:
Lee Higginson & Co., approved as,
1/28
Letter from Custodian re designation of private
banks as, read and discussed; no final action 1/17
Spencer Trask & Co., approved as,
1/28
Depositories:
Government:
Banks of England and France; communication from
Asst. Soc. Leffingwell re designation as,
noted
2/11
Letter from the Alien Property Custodian re designation of Colonial Bank of Porto Rico as
depository; ref. to Gov. for investigation 1/25
Deposits:
Alien-owned:
Letter from Sec. of Treasury re withholding of
income tax on, when held in American banks;
copy ordered sent to all FRBanks
2/15
Bank:
Letter from Acting FRAgent Elliott of San
Francisco re scale for interest on; acted
upon
6/10
,llestion of statement for the press re rates of
interest on, ref. to executive comet with
power
2/25
Telegram from FRAgent Perrin re bringing of a
test case as to taxation of, in California;
ref. to Counsel
5/29
Conditions surrounding deposit of income and excess
profits taxes; letter from Gov. Seay re,
6/5
Constitutionality of State Tax on, in California:
Favorable report by Counsel re authorization
of FRBank of San Francisco to proceed with.
test case as to; authorized
5/29
Correspondence re nuking of deposits by joint stock
land banks with FRBanks, presented; such
accounts approved
2/20
Government:
Letter from FRAgent Ramsey re eligibility of
local road bonds to protect; ref. to Asst.
Sec. Leffingwell
6/10
Guaranty of bank: See Guaranty of Bank Deposits:
Interest rates on,
Correspondence between Gov. Wold and E. S. Johnson
Of Einneapolis re, with memo, of reply
2/9
Letter from Congressman Bacharach re prohibi
tion
of high rates paid by banks; discussed and
reply authorized
3/18
Page
127
74
127
200
113
229-30
1019
284
940
994
945
267
1020
190
463
LV
Deposits:
Letter from Asst. Secretary Leffingwell re deposits
6/10
of gold by the Treasury in FRBanks; noted
read;
Letter from FRAgent Wills re interest on,
5/1
plan generally approved
be
FRBanks
Letter from Gov. Lynch, recommending
permitted to receive, from States and Cities,
2/13
noted
of
s
proceed
of
Letter from Gov. Seay re deposit
6/10
taxes with the bas, noted
on
action
no
nding
Memo. of 11r. Warburg recomme
suggestion that FRBanks be authorized to receive
deposits of State funds; ordered passed to file2/18
Non-member bank:
Hoxton, W. W., letter from, re; ref. to com't 1/9
Report by Gov. Harding of message received from
Cincinnati re effect of "Shafroth bill"
(guaranty of deposits) on State member
5/13
banks
Savings:
Letter from FRAgent Hardy asking modification
of Board's rules re; agreed present
6/20
rules must be maintained
ed
suggest
re
Counsel
of
memo.
re;
Regulations
amendment to, read and ref. to executive
2/20
committee for report
Time:
Correspondence between ERAgent Hardy and certain
banks re alleged taxation of, presented,
noted, and ref. to Asst. Sec. of Treasury
5/6
Leffingwell
Treasury:
Inventory of securities held to protect; sug5/6
gestions re, from Gov. Mores
y:
the
Currenc
of
Deputy Comptroller
Letter from, requesting lists of directors granted
permission to serve with specified banks;
5/21
authorized transmitted
Deputy Fiscal Agent, PRBoard:
5/17
Burklin, R. R., appointment as, loproved
Burklin, R. R., separate bond of 425,000 for,
6/29
approved
d
compile
Diagram showing status of various Govt. bodies,
by Walter I.Swanton, presented; agreed to call
attention of Com't on Public Information to errors
2/20
therein,
Digest and Index:
and
Letters presented from S. R. Lawder of Dallas
tion
publica
rere
FRAgent 'Wills of Cleveland
of; re-publication authorized
4/2
Page
1021
720
213
1020
252
35
807
1087
267
747-48
749
907
838
1175
268
550
LVI
Digest and Index:
guestion of republishing, with matter to date,presented;
ref. to committee with power
4/1
Directors: See also Interlocking Directorates:
American National Bank of Newark, N. J.
Report of com't bolding that J. V. Padula being
a private banker cannot servo as a director
of, approved
6/25
Baltimore Branch:
Election of William Ingle and Waldo Newcomer as,2/15
Report of Richmond com't naming Govt. directors
for, tabled until Feb. 11th.
2/9
Birmingham Branch:
Telegram from FRAgent Wellborn re personnel of
directorate at, read qnd discussed
6/22
Wells, Oscar, designation as Govt. director at,
approved
6/22
Cincinnati Branch:
Letter from FRAgent Mls suggesting authorization
of a director of, to act as Asst. FRAgent,
to have relief an vault combination;
approved
5/8
Commercial Germania Savings Bank; report of com't
re status of directors of, approved
1/7
Deseret Nat. Bank of Salt Lake City; recommendation 5/3
that no action be taken re directors of,approved
El Paso Branch:
Coles, E. P., olccted as director,
3/23
Cook, R. R., telegram from, re directorship at,
noted
3/27
Data re proposed personnel of, presented,discussed, and ref. back to Dallas com't for
action
3/13
Election of, ordered re-docketed for March
twenty-second
3/20
Letter from A. P. Coles, accepting a directorship at, presented and. noted.
4/3
Letter from PRAgent Ramsey in re conditions
on directorate of, read and noted
4/8
Letter from FRAgent Ramsey re appointment of
directors at, noted
4/15
Letter from Hon. H. T. Ashurst recommending
appointment of Mr. Walker of Tucson,Arizona,
as director of, noted
3/8
Telegrams from
Agent Ramsay in re personnel
of El Paso directorate, ref. to Dallas
Com't with power
3/15
Page
541-42
1141
232
190
1107
1107
764
23
735
485-86
515
435
473
555
592
628
406
446
LVII
Page
Directors:
Li. Paso Branch:
Telegrams from FRAgent Ramsey re directors at,
read; election of, ordered docketed. for
463
3/18
March 20th.
485-86
3/23
as,
elected
Turney, W. W.,
City:
F. R. Bank of Kansas
80
Report of com't re fees of, approved
York:
F. R. Bank of New
Letter from J. F. Curtis, transmitting resolution of Board of Directors of; ref. to
868
5/20
Com-ytroller
F. R. Bank of Richmond:
Bruce, Howard, of Baltimore, Md.; authorization
840
5/17
for tendering vacant directorship to,
recomcom't
of
report
informal
Y.,
Cooper, D.
mending appointment on Board of Directors
of; authorized to ascertain his attitude
710
4/29
on matter
F. R. Banks:
Board's policy that Govs. of FRBanks shall not
be directors, to be unofficially communicated
304
2/27
to Gov. Morss of Boston by Mr. Hamlin
of
First National Bank of Hartford, Conn., status
certain directors of; report of comIt on,
24
1/7
approved
of
status
Hanover National Bank of New York,
420
3/11
directors of, held satisfactory
Harrinan National Bank:
Letter from, re an alleged directorship in;
962
5/31
ref. to com/t
Jacksonville Branch:
6/251130
Barnett, B. H., appointment approved
and
chairman
Cooper, John 0., appointment as
1130
6/25
director, approved
1130
6/25
approved
t
Lane, E. W., appointmen
Saussy, Fulton, appointment as director,
1130
6/25
approved
to
ref.
Gov.
at,
directors
Board's
of
Selection
1107
6/22
Harding and Comptroller with power
of
personnel
re
Wellborn
FRAgent
from
Telegram
1107
6/22
directorate at, read and discussed
1130
6/25
Wilson, G. L., appointment approved
Letter from Deputy Comptroller Kane requesting lists
of directors granted permission to serve with
907
5/24
specified banks; ordered transmitted
Mellon National Bank of Pittsburgh; report of eom't
22-23
1/7
re status of directors of, approved
LVIII
Page
Directors:
New Orleans Branch:
Notice of election of directors of, from FRAgent
Wellborn
1/16
Telegram from J. E. Zunts withdrawing his
resignation as c}lairman and director of;
noted
5/31
Philadelphia National Bank, status of directors of,
under Clayton Act; report of com't re,approved 1/9
Pittsburgh Branch:
Letter from Comptroller re compensation to
certain directors of; committee reported
no further action needed
1/25
Letter from FRAgent Wills suggesting the
authorizing of a director of, to act as Asst.
FRAgent, to have relief on vault combination;
approved
5/8
Powers of; letter re, from J. H. McCune, discussed; ref. back to Ur. Hamlin for reply
3/25
Portland Branch:
Ames, Everett, report of com't recommandtng
appointment on Board of Directors of; matter
ref. to com't
4/29
Recommendation of com't that no action affecting
directors of Old National Bank of Spokane,
:;ashington, is needed, approved
1/23
Revised table or chart of directors and officers
of ZRBanks, directed to be prepared for Board
Room
6/12
Ruling of Board dealing with method of procedure
of committee #3 re directors called to attention
of Board by Comptroller
5/24
Salt Lake City Branch:
question of appointment of, considered, and
telegrams re, read
4/6
question re, discussed; Mr. Miller authorized
to take up matter with FRAgent Perrin
4/2
Report re, presented and discussed.; G. G. Wright
and Jos. L. Rawlins unanimously elected
4/10
Telegram from FRAgent Perrin suggesting postponement of action on, noted
3/29
Telegrams from FRAgent Perrin re, recommending
G. G. Wright and W. H. Wattis as; ref. to
executive com't with power
4/1
Seattle Branch:
Notice of acceptance as, by Messrs. Chas. H.
Clarke and C. E. Peabody
1/11
66
962
36
115
764
503
710
103
1037
910
563-64
551
605
530
546
46
LIX
Directors:
Status of Messrs. Armour, Oliver, Mitchell, Spoor
1/7
and Shedd, report of com't on, approved
Directors, Class C:
Appointment of director at Boston, report of Boston
6/17
committee re, tabled
Class"C"
as
elected
,
Baltimore
of
Howard,
Bruce,
5/24
director of FRBank of Richmond
Metcalf, Jesse H„ report of com't recommending as
6/20
Class "C" director of FRBank of Boston
New
York:
&
London
of
Discount IJarkets
Letter from B. S. Cutler of Dept. of Commerce re
6/22
relative position of, noted
Discount Rate Sheets:
Submitted by various FRBanks, presented, and old
1/4
rates ordered re-approved
Submitted by various FRBanks, presented, and ordered
2/18
passed to file
3/15
Submitted by various FRBanks, presented and noted
4/12
noted
Submitted by various FRBanks, presented and
Submitted by various FRBanks, presented and ordered
4/20
filed
4/26
noted.
and.
presented
Submitted by various FRBamks,
5/3
Submitted by various FRBanks, presented and noted
ordered
and
presented
FRBanks,
Submitted by various
5/10
filed
certain
and
presented
RBanks,
Submitted by various
5/17
rates authorized for FRBank of Richmond
5/21
noted
and
presented
FRBanks,
by
various
Submitted
disand
,
presented
FRBanks,
various
by
Submitted
5/31
cussion re interest rate situation ensued
ordered
and
presented
FRBanks,
various
by
Submitted
6/14
passed to file
Submitted by various FRBanks, presented and ordered
6/25
filed
Submitted by various FRBanks, presented and ordered
6/29
passed to file
See also Discount Rate Sheets:
Discount Rates:
5/13
Discussion re increases in, at FRBanks
F. R. Bank of Cleveland:
Letter from FRAgent Wills re, read and rates
4/8
approved by Board listed
F. R. Bank of Kansas City:
Letter from, re rates, with special reference to6/3
question of maYimum rates; ordered circulated
Letter from Gov. Miller re rate situation at,
with special reference to large discounters, 6/5
Rates at, discussed, and schedule offered and
5/15
approved
Page
23
1064
910
1090
1114
13
251
445
608
658
694
733
783
836-37
906
961-62
1047
1128
1174
809
592
980
991
821-22
LX
Discount Rates:
F. R. Bank of Kansas City:
Telegram from FRAgent Ramsay re recent schedule
of; rate on trade acceptances fixed at 4,
and ninety-day commercial rate at 41,
4/8
Telegram from, re question of maximum and
minimum rates, read; reply of Gov. Harding
giving table of approved rates, approved
5/29
F. R. Bank of Richmond:
Certain rates authorized for,
5/17
F. R. Bank of St. Louis:
Proposed plan of, to retain a trade acceptance
rate for 1-16 days and another for 16-90
days, disapproved
4/20
F. R. Bank of San Francisco:
Telegram from FRAgent Perrin announcing adoption
of Board's suggested rates, read, and rates
approved for San Francisco
4/8
General question of, especially on live stock paper;
letter from FRAgent Ramsey re, read and noted
4/15
In renewals of banks discounting on 15-day rate,
voted that committee recommend that FRBanks
apply rate not exceeding the 90-day rate
4/8
Increases in,
Letter from FRAgent Ramsey of Dallas re,ref.
5/29
Letter from FRAgent Hardy of Richmond re, noted
5/20
Letter from FRAgent Wills re changes in, noted
3/11
New rate schedule from FRBank of Kansas,presented
and discussed with reference to -whole rate
situation
5/13
One-day rate ordered continued on same basis as in
past
4/12
uestion of changes in, at FRBanks, considered, and
letters re, read; table of rates submitted
and approved, to be effective upon the President
signing War Finance Corporation Bill
4/5
'!uestion of, at FRBanks, considered, with letter
from Gov. Strong of Now York re general policy;
agreed to table until March 4th.
3/1
question of, at FRBanks, discussed; no action
3/25
question of, at FRBanks, tabled until March 6th.
3/4
?uestion of, considered; letter from Asst. Sec. of
Treasury Leffingwell suggesting no present increase in FRBank rates, read
6/17
question of, discussed; informal report by Mr. Warburg
re present status of,
3/8
question of, discussed, and informal report submitted
by Lir. Warburg suggesting that matter of increase
in 15-day rate be taken up at conference with
Governors
6/25
Page
591
941-42
836-37
659
591
628
591
945
868
421
807-6
608
570-50
362
504
380
1058
409
1128-29
LXI
Page
Discount Rates:
Resolution of FRBank of Kansas City re maximum and
minimum rates, read; ordered discussed at
6/29
Conference of Govs., July 1st.
for
Secretary authorized to write FRBanim asking
uniform rates a week in advance of sending
5/3
rate sheets
York,
New
of
Table of proposed, submitted by FRBank
4/3
approved
reply
and
re,
Louis
Telegram from Gov. Wells of St.
of Gov. Harding outlining situation, read and
2/27
noted
approby
up
taken
of,
n
Voted to have whole questio
priate com't and new schedule reported for
6/14
action
Discounting:
Additional memo. of Counsel re discounting of cold
6/17
storage paper
in;
banks
Agent for non-member
Letter from PRAgent Ramsey of Dallas re designation of First National Bank of Amarillo,Texas,
as; voted to ask for list of banks represented
2/6
before taking action
re
Miller
Gov.
from
letter
drafts;
Bill of lading
5/6
discount of, read and discussed
disre
well
Leffing
Sec.
Asst.
with
ondence
Corresp
count of seed warrants; ref. to Counsel; reply
1/9
to be sent by Gov.
ille
Bartlesv
from
letter
paper;
oil
of
t
Discoun
National Bank re, and proposed reply of Gov.
5/22
Hardini, thereto,
Miller
Z.
J.
Gov.
from
letter
paper;
oil
of
t
Discoun
5/15
of Kansas City re, noted
nonas
classed
ies
industr
for
paper
of
t
Discoun
6/12
essential; letter from Janes A. Zunts re,
Discount operations of branch banks; voted they be
3/1
subject to direct control of parent bank
letter
Discount requirements of 11/31imond district;
6/10
from Gov. Seay re, noted
FRAgent
from
Discount situation at Dallas; letter
4/15
Ramsey re, noted
from
letter
City;
Discount situation at Kansas
5/22
FRAgent Ramsey re, noted
of
t
discoun
for
ng
providi
FRB;Inks
Draft of letter to
bill of lading drafts with maturity, presented
4/22
by Gov. and approved for transmission
ted
rate,vo
In renewals of barks discounting on 15-day
that com't recommend that FRBanks apply rate not
4/8
exceeding the 90-day rate
1174
733
558
304
1048
1066
172
748
33
895-96
822
1034
325
1020
628
895
669
591
LXII
Discounting:
Letter from Gov. Fanaher re methods of charging discount for additional days involved in collection
of items
5/24
Memo. of Counsel re discount of cold storage paper;
referred
5/27
Memo. of Counsel re discount of notes secured by
War Savings Stamps, approved for transmission
6/17
Memo. of Counsel re discounting of notes executed
in blank; ref. to FRBank of Richmond
6/17
Memo. re discount on Cananian checks, transmitted
by Asst. Sec. Leffingwell, read and noted
5/1
Of cold storage paper; memo. of Counsel re, discussed and referred
5/31
Of cold storage paper; question re, referred to
Consulting Counsel Cotton
6/25
Of cold storage paper; supplementary report of
committee re, tabled
6/20
Paper of Nat. Wool Warehouse & Storage Co.; letter
from Chief of Wool Div. of War Industries Board
re discount of,
5/17
Pennsylvania Railway Co. notes secured by Liberty
Bonds; facts re discount of, discussed; no
action
2/20
Plan for discount of cold storage warehouse paper,
report of com't recommending, tabled
6/7
Policy of charging discount for additionP1 days
after maturity of items sent for collection;
letter from Gov. Fancher re,
5/17
Report and memo. by Mr. Warburg re situation as to
discounting of paper intended to finance wool
crop purchased by the Govt.; acted upon
5/22
Dividends:
Bnnks paying, authorized to declare and pay part of
annual dividend for 1918 which shall have
accrued on June 30th.
6/10
F. R. Bank of Atlanta:
Dividend at 6,, to June 30, 1918, approved
6/27
F. R. Bank of Boston:
Dividend application from, referred
6/10
Dividend at 6);, to June 30, 1918, approved
6/12
F. R. Bank of Chicago:
Dividend at 6,;, Jan. 1 to July 1, 1918, approved 5/31
Dividend at 6;;, to June 30, 1918, approved
6/12
F. R. Bank of Cleveland:
Dividend at 6%, to June 30, 1918, authorized
5/29
Letter from FRAgent Wills re, tabled until
Feb. 27th.
2/25
Page
907
930
1063
1061
720
965
1140
1086
837
270
1005
837
894
1018-19
1149
1018
1035
964
1035
944
284
LX.III
Page
Dividends:
F. R. Bank of Cleveland:
Letter from PRAgent Wills recommending additional
dividend payable an April 1st.; ordered
that Bank be reluested to adhere to usual
2/27
semi-annual plan of payment
of
Dallas:
F. R. Bank
Dividend at 6, July 1, 1917, to June 30, 1918,
5/31
approved
July
to
1917,
30,
Juno
from
at,
dividend
Proposed
6/17
1, 1918; letter from FRAgent Ramsey re,
City:
Kansas
of
P. R. Bank
6/10
Dividend application from, referred
6/27
approved
1918,
30,
June
to
6,
at
Dividend
F. R. Bank of lAnneapolis:
Dividend at 6,, Jan. 1, 1918, to June 30,1918,
6/22
approved
F. R. Bank of New York:
6/25
Payment of dividend to June 30, 1918,approved
F. R. Bank of Philadelphia:
Application of, to declare dividend to June 30,
6/7
1918, referred
6/10
ed
authoriz
1918,
30,
Dividend at 6, to June
F. R. Bank of Richmond:
Dividend at 6, for period ending June 30, 1918,
approved, subject to checking by the
6/22
Statistician
30,
June
to
1
Jan.
periou
Dividend at 6A, for
6/22
1918, authorized
F. R. Bank of Jt. Louis:
6/12
Dividend at 6, to June 30, 1918, approved
s
to
dividend
re
Martin
Letter from FuAgent
6/10
June 30, 1918, referred
F. R. Bank of San Francisco:
6/27
Dividend at 6, to June 30, 1918, approved
F. R. Banks:
Gov. authorized to write, stating general policy
re annual dividends and settlements with
5/1
Govt.
,
Research
of
Div.
also
See
:
&
Research
Analysis
Div. of
Analysis and Publication:
Creation of a new division to be known as,approved;
ref. to executive com't to report plan of
6/25
organization
6/22
Favorable report by comet re establishment of,
ng
Report providing for organization of, and specifyi
6/29
personnel to be engaged for, adopted
304
963
1059
1018
1149
1106
1139
1005
1018
1108
1113
1035
1018
1149
719
1139
1114
1181-82
LXIV
Page
Div. of Analysis & Research:
Willis, (Dr.) N. Parker, appointment as Head of Div.,
at 45,000 per annum, approved
6/29
Div. of 2oreign Exchange:
Approved draft of Statement for the Press re work of,
released
5/24
Conditions governing appointments in; report of
committee re, approved
5/27
Kent, F. I., compensation of 42,500 for, in connection
with services rendered N. Y. Bank, approved
1/30
Kent, F. I., designation as Director of, approved
1/30
Letter sent by, to FRBanks, re control of Italian
exchange; presented and ordered circulated
6/7
Letter sent by, to FliBanks, with instructions to
dealers in foreign exchanze; ordered circulated
by Gold Export com't
6/13
Letter to Sec. of Treasury requesting sum of money for
expenses of, to June 30, 1918, approved
3/23
Memo. from Treasury Dept. re money for expenses of,
noted
4/17
Office hours for; letter from L. O. Adelson re,
acted upon
3/15
..uarters:
.guestion of new, referred to executive committee
with power
6/22
Report by Mr. Kent re, submitted; engaging of
quarters in Equitable Trust Co. Building,
authorized
6/22
Salaries:
Adjustments, as of July 1st., 1918, approved
6/29
Authorization of a certain sum to Er. Kent's
stenographer, approved
6/29
Jones, (Mrs.) D. W., report of com't approving
salary of, approved
2/23
Report of committee approving, approved
2/23
Spiller, (Miss) E. M., salary at 4900 per annum,
approved
3/11
Strauss, (Misa) A. L., salary at 4720 per annum,
approved
3/11
Secretary directed to ascertain if revision can be
made in text of an item in now appropriation
bill providing for,
5/22
Staff of,
Bowker, (Miss) L. A., appointment at P20,
approved
4/3
Brodie, M. L,, appointment at 4480 per annum,
approved
4/10
Cary, (Mrs.) B., appointment at '41,000 per
annum, approved
6/27
1181-0
913
930
142
141
1006
1039
485
642
448-49
1109
1112
1178'
79
1180
278
278
419
419
900
556
603
1159
LXV
Page
Division of Foreign Exchange:
Staff of,
3/6
Coombe, G. 2., appointment at 020, approved
4900
at
Costello, (Miss) Alice, appointment
3/27
per annum, approved
$720
at
appointment
Criioston, (Miss) H. N.,
4/10
per annum, approved
per
$840
at
appointment
Dreyer, (Miss) M. M.,
4/15
annum, approved
per
at
43,000
appointment
K.,
Eckhardt, A.
3/18
annum, approved
at
.960
appointment
R.,
A.
(Miss)
Edrige,
3/13
per annum, approved
per
4480
at
appointment
A.,
George
English,
5/10
annum, approved
Gallagher, (Mrs.) Florence, appointment at
4/1
4960 per annum, approved
Gilson, Ida B., appointment at 41,200, effective
6/29
July 1st., approved
Greason, L. B., salary fixed at 4780 per annum, 2/27
Harrold, (Miss) K., appointment at 41,200 per
5/3
annum, effective May 6, approved
Hatfield, (Miss) Minnie, appointment at 4720
3/23
per annum, approved
See Staff of P.R.Board 6/12
Hayden, (Mrs.) L. C.
Hildenfinger, (Miss) B., appointment at 4660
3/20
per annum, approved
41,200
Howell, (Miss) M. T., appointment at
6/27
per annum, approved
4840,
Hyland, (Miss) T. D., appointment at
4/3
approved
per
at
4,500
Hynes, Lewis K., appointment
2/18
annum, approved
annum,
per
'4720
at
Ivins, H., appointment
3/29
approved
from
diem
per
$7.33
at
appointment
Ivins, H.,
a
May 27th. to 31st., and at ;"0„200 per annum,
5/27
thereafter, approved
Jemi, (Miss) appointment at 4900 per annum,
2/9
approved
Johnson, (Miss) T. C., appointment at 4900,
4/3
approved
4/3
Kelly, M. F., appointment at .080, approved
at
King, (Miss) L. H., appointment as clerk
5/8
4900 per annum, approved
annum,
per
.ti840
at
Knox, Ethel M., appointment
2/20
approved
at
41,500
per
appointment
McCain, (Miss) W.,
4/20
annum, approved
395
516
604
632
465
433
784
543
1180
304
734
488
1034
475
1159
556
254
532
930
187
556
556
765
268
660
LXVI
Division of Foreign Exchange:
Staff of,
McDonald, (Miss) Eve, appointment at J780 per
annum, approved
3/20
McGowan, (Miss) Anna, appointment at .1,320
per annum, approved
3/29
Marsa, (Mrs.) Florence, appointnent at 4960
per annum, approved
3/23
Mercready, (Miss) L., appointment at 41,200
per annum, approved, effective May 20th.
5/22
Method of managing employmant of, ref. to
committee
5/22
Parks, (Miss) D. A., appointment at 41,080
per annum, approved
2/20
Patterson, Louise, appointment at 4900 per
annum, approved
6/3
Petry, (Miss) L. A., appointment as stenographer
at j1,200 per annum, approved
4/29
Report of committee recommending approval of
certain employees in Research Section, approved
6/20
Root, Y. H., appointment at j780 per annum,
approved
5/3
Russland, (Miss) H., appointment at 4960 per
annum, approval
3/13
Seward, (Miss) A. L., appointment at 4346.50
per month, from 'March 20th. to June 30th.,
approved
3/20
Seward, (Miss) A. L., appointment at 43,000
per annum, approved
6/27
Sherman, (Miss) J., appointment at 4780 per
annum, approved
4/3
Tallaksen, S. E., appointment at 4780 per
annum, approved
3/29
Thompson, (Miss) appointment at 41,200 per
annum, approved
2/9
Tompkins, (Miss) H. A., appointment at 4
4 960
per annum, approved
3/13
Vail, (Miss) Y. Li., appointmsnt at 41,200 per
annum, approved
6/27
Vigne, H. A. de (Miss), appointment at 4780
per annum, approved
3/6
Walsh, Thomas, appointment at 4480, approved
2/9
Wells, (Miss) M. B., appointment at j1,200 per
annum, approved
6/27
Wells, (Miss) M. H., appointment as stenographer
at 41,200 per annum, approved
5/8
Williams, (Mrs.) E. B., appointment at 41,000
per annum, approved
6/14
Page
476
532
488
896
900
268
983
709
1089
734
433
476
1159
556
532
187
433
1159
395
187
1159
765
1050
LXVII
Page
Division of Foreign ExIbange;
Staff of,
Wing, Caroline R., appointment at ,A,300 per
6/5
annum, approved
Italian
of
control
Statement by Mr. Warburg that
6/10
Exchange had been taken over by,
lease
to
York
New
of
Telegram requesting FRBank
space in Equitable Building for use of,
6/28
approved
Division of Issue:
Appointment of two money counters in, at 4. 900 per
3/20
annum, approved
:
Statistics
and
Division of Reports
Figures showing cost of, during 1916, 1917, and
6/29
first half of 1918, presented
ref.
for,
space
re
Harding
Gov.
Informal report by
1/14
back to him for action
among
s
rediscount
of
tribution
re-dis
Memo. from, re
2/13
FRBanks, read and acted upon
and
gold
of
by,
over
taking
re
of,
chief
of
Yemo,
silver export and import statistics; transfer
6/5
authorized
1/9
Memo. of Mr. Jacobson re accommodations for,
.luestion raised by Gov. Harding re providing nuw
1/11
quarters for,
Division of Research, Analysis and Publication: (proposed)
Report of com't recommending creation of new division
to be known as; ref. to executive com't for
6/20
report as to methods of making effective
Dollar Exchange:
Bank of New York, N. B. A., granted power to provide
dollar exchange in Argentine, Brazil and
6/17
Uruguay
City
of
Nat.
branch
of
need
Memo. from Stabs Dept. re
Bank, Caracas, for gold to raise dollar exchange;
Gov. to request additional information from
1/22
PRBank of New York
Va.
,
Alexandria
s,
Draft Authoritie
Letter to, asking for deferred classification for
Lewis Livingstone, file clerk, Capital Issues
3/28
com't, for three months; approved.
Drafts:
Bill of lading;
Lotter from Gov. Lynch re recent rulings of Board
4/29
re, discussed and noted
Letter from Gov. Van Zandt re date of eligible, 5/10
993
1017
1168
475
1182
59
219
992-93
36
51
1090
1063
96
523-24
708
786
LXVIII
Page
Drafts:
Domestic:
Memo. of Counsel re endorsements of dominants
attached to domestic drafts or bills of
exchange; ordered printed in Bulletin
2/15
Drawn under export credits; letter from Gov.
McDougal with memo. of Counsel re, read; opinion
of Counsel approved
4/12
Form of draft submitted by Swift & Co., with letter
from, forwarded in letter from
Agent Hardy;
ref. to com't
3/23
Memo. of Counsel re status of certain, submitted by
Cassidy-Southwestern Commission Co., approved
3/23
Report re exemption of embassies and legations in
Washington from declaration on drafts disclaiming
enemy purposes in remitting; ref. to Mr. Kent 3/15
Transfer:
Recommendation of examiner Broderick re handling
and treatment of, suggesting modifications
in Section 4 of Gov. Harding's circular letter
of May 18th., approved; documents ref. to
committee for action
1/28
Duncan, A. E., letter from, re financing of automobile
business, read and discussed; ref. to executive
committee for reply
1/7
Dupre, H. G., Representative; letter from, re admission
of small State banks, read; reply agreed upon
3/e
E. W. Scripps Newspapers:
Letter from, re use of Liberty Bonds purchased by,
In paying dividends of company
5/20
Letter proposed for transmission to, re payment of
dividends in Liberty Bonds, read, and same ref.
to Asst. Sea. Leffingwell for reply
5/22
Earnings:
Telegramq from Chicago and Atlanta re balance of,
held for Govt.; ref. to executive committee
with pouer to make payment to Govt.and announce
Same,
1/2
Eighth National Bank of Philadelphia:
Letter from, re loss due to abrasion of gold coin
and asking that RBanks bear cost
6/10
Elliott, M. C.
See Counsel:
Embassies and Legations in Washington:
Report re exemption from declaration on drafts disclaiming enemy purposes in remitting; ref. to
Mr. Kent
3/15
Emergency Fleet Corporation:
Telegram from FRAgent Perrin re efforts of, to obtain
high interest on deposits from bank in Tacoma,
Washington; ref. to Gov. Harding
4/6
230
612
485
485
443
128
21
405-6
869
896
5
1017-18
443
583
LXIX
Page
Emergency Fleet Corporation:
Telegram from FRAgent Perrin re high interest demands
4/10
mado by, on a national bank of Tacoma, Wash.,
Emerson Electric Manufacturing Co.
Trade acceptances made by; report of Mr. Warburg re,
4/10
read; ref. to executive com't
Endorsements:
Matter of unrestricted endorsements on FRAgents'
paper, ref. to executive com't with power to
send suitable amendment to the FRAct to Congressional
2/25
authorities
paper
on
ments
endorse
icted
unrestr
re
Memo. of Counsel
2/15
delivered to FRAgents, read Lard ref. to com't
by
paper
of
ment
endorse
icted
unrestr
Papers re
FRAgents, with proposed amendment to FRAct providing for system of joint custody of paper held to
protect F. R. notes, presented; amendment
2/25
approved
Report by Mr. Hamlin holding legal the acceptance
by FRBanks of power of attorney from member
banks in lieu of endorsements; tentatively dis1/2
cussed
adverse
is
Report of com't stating that Board's view
to use of power of attorney in lieu of, approved 0
Requirement of endorsement an paper presented for
1/7
collection at New York, approved
Equitable Trust Co. of New York:
Board agreed to notify, as licensee for Musher gold
export transaction, of cancellation of license
6/5
as of June 10th.
from
imported
gold
of
Letter from, re exportation
various countries for refining and return,
1/18
noted
plan
d
propose
with
once
at
closing
Notice from, of
for providing exchange at 44.98.17 to liquidate
6/7
obligations of Mustier & Co.
ng
exporti
or
ing
earmark
for
license
of
wal
Withdra
gold in favor of, on behalf of Misher &
approved, if not availed of within stated
6/3
period
Examinations:
Acceptance of reports of Jtate; letter from FRBank
1/11
of Philadelphia re, noted
re
Board's examining system; report of com't
organization of, ordered circulated for presen6/22
tation June 25th.
Clearing House:
Telegram from FRAgent Perrin re, at Seattle; ref.
to Mr. Miller for consultation with Counsel 1/14
602
601-2
287
230
289
5
23
23
992
76
1003
984
46
1108
61
L2X
Examinations:
Cornercial National Bank of :/ashington:
Roiliest of Comptroller that com't of Board
review results of examination of; ref.
to Gov. and Richmond com't
5/20
F. R. Bank of Boston:
Report by examiner Broderick re; ref. to
Boston com't
2/25
Report by Mr. Hamlin re examination of, and
payment of acceptances by cashiers'
drafts,
5/3
F. R. Bank of Chicago:
Conuents by com't on, re report of examination
of, dated April 13th.
4/22
F. R. Bank of Kansas City:
Recent report of, forwarded by examiner
Broderick
5/15
Report of Kansas City com't commenting an
report of chief examiner Broderick re condition of,
5/22
F. R. Bank of Richmond:
Report re, read; ref. to Richmond com't
3/18
F. R. Banks:
Report by Mr. Broderick re supervision of audits
and examinations by Chairman of Board of
Directors, discussed
3/1
Statenent by Gov. Harding re present method
employed in, and suggesting grouping of
banks for this purpose
5/10
Letter from FRAgent Ramsey re method of making
oxaminations of incoming State banks; voted
that ERBanks may make awn examinations of
mamber banks
2/18
Member Bank:
Topic discussed at meeting of FRAgents with
Board
3/1
Regrouping of banks for examination; report of
com't re; to be discussed with chief examiner
Broderick
5/17
Report of com't re proposed letter to Stabs member
banks re; letter ordered transmitted. by Gov.
1/25
Report of com't recommending new plan for reserve
bank examinations, approved
6/27
State Banks in Atlanta District:
Tidwell, C. R., of FRBank of Atlanta, authorized
to make examinations of,
6/10
Uniform Report by State Bank Commissioners:
Letter from FRAgent Martin re question of, with
memo. from W. M. Imlay, road; voted to advise
other Agents of desirability of following
Mr. Martin's recommendations
3/29
Page
867
284
738
668
823
900
462
325-33'4
786
251-52
351
839
114
1159
1022
531
Page
Examiners:
Adelson, report of, re conditions at Atlanta; ref.
1/9
to com't
Appointment of,
N., appointment at 43,000 per annum,
Aycock,
6/27
approved
l
bank
nationa
as
ment
appoint
B.,
Baker, Wm.
1/16
examiner, at ,:)2,400 per annum, approved
bank
l
nationa
as
ment
appoint
G.,
T.
Bell,
6/14
examiner at 43,600 per annum, approved
per
43,900
at
ment
appoint
M.,
Ward
,
Buckles
6/25
annum, approved
Jloe, Wm. B„ appointment at 02,400 per annum,
4/26
approved
l
Griffith, Joseph L„ appointiwnt as nationa
bank examiner, in district 3, at 42,400
3/27
per annum, approved.
bank
l
James, Edward A., appointment as nationa
6/25
examiner, at 43,000 per annum, approved
l
nationa
as
nt
Jernegan, E. 0., re-appointme
bank examiner, at 02,700 per annum, ap4/15
proved
bank
l
nationa
as
ment
appoint
McReynolds, J. W.,
2/13
examiner, at 42,400, approved
l
bank
nationa
as
ment
appoint
H.,
Martin, Charles
6/7
examiner, at 43,000 per annum, approved.
bank
l
nationa
as
ment
appoint
K.,
Patterson, B.
6/14
examiner, at 42,400 per annum, approved
l
bank
nationa
as
ment
appoint
Smith, A. B.,
6/12
examiner, at 42,400 per annum, approved
l
bank
nationa
as
ment
appoint
F.,
Smith, C.
6/14
examiner at 42,400 per annum, approved
r
and
examine
as
ment
appoint
R.,
Tidwell, J.
assistant in Auditing Dept. of MBank of
5/31
Atlanta, at 02,400 per annum, approved
2/9
ved
r,appro
examine
as
ment
appoint
H.,
D.
Wood,
ordered
1917
for
n
Bulleti
R.
F.
of
copies
Bound
5/6
sent to each chief national bank examiner
reExamining staff of F. R. Board; situation re
organization of, stated by Gov. Harding;
5/29
matter discussed
Resignations of,
Kerst, P. M., national bank examiner, notification
1/7
of resignation of,
Salaries:
Albert, H. E., increase of salary from 43,000
5/13
to 43,300, approved
salary
r,
examine
bank
l
nationa
Congdon, S. B.,
6/29
fixel at 03,000, effective July 1st.
37
1159
67
1050
1140
696
516-17
1140
632
216
1004
1050
1035
1050
963
186
750
941
21
799
1179
LXXII
Examiners:
Salaries:
Cooper, Thomas A., salary at 32,400, approved
2/23
Donald, W. J.,P. R. examiner, salary at 33,000
per annum, approved
3/29
Duane, W. J., national bank examiner, increase
of salary from 43,300 to 0,600 per annum,
approved
4/29
Fair, W. E., salary fixed at 35,000, effective
June 1st.
5/22
Gaither, H. R., salary as chief national bank
examiner, fixed at 46,000 per annum, effective
May 1st.
4/24
Gellerstedt, bank examiner, salary at 43,000
approved
3/8
Henneman, examiner, report of com't re salary
of, approved
1/25
Jubenville, Claude A., increase of salary from
42,400 to 32,700 per annum, approved
4/12
Vartin, examiner, report of com't re salary of,
approved
1/25
National bank examiners; report of com't approving salaries for, approved
1/30
Nawnham, national bank examiner, salary fixed
at 45,000, effective June 1, 1918
5/22
Paddock, W. W., MBank elrominer at Phila., salary
at 34,000, approved
2/23
Parker, E. F., salary at 4'2,400, approved
1/21
Patterson, bank examiner, salary at tO2,700,
approved
2/25
Reed, W. H., increase in salary from 32,700 to
33,000 per annum, approved, effective
July 1st.
6/14
Rising, J. D., telegram from Gov. J. Z. Miller
re; voted to state informally Board's
approval of advance to 48,000
1/7
Roberts, L. K., salary at 33,600, approved
2/23
Schechter, bank examiner, advanced to 33,600
per annum
2/20
Shouthall, E. W., national bank exagdnor, increase in salary from 32,700 to 43,000 per
annum, approved
3/27
Smith, examiner, increase of salary from 33,900
to A,200 per annum, approved
4/10
Stauffer, bank examiner, salary at 11,200, approved
3/11
Summers, George B., salary at 43,000, approved 2/23
Page
278
531
709
897
684
406
114
610
114
141
697
278
89
285
1050
22
278
268
517
603
419
278
Page
Examiners:
Salaries:
Wilcox, 1. E., national bank examiner, increase
in salary from6,000 to 0,000 per annum,
5/31
approved
Special:
Atlanta District:
Lem. of W. M. Inlay re, and naming certain
employees of Atlanta Bank as, read;
2/4
proposed examiners approved
F. R. Bank of Boston:
Currier, H. F., memo. of 1:r. Broderick
recommending as, read; appointment
3/1
authorized
examiner
chief
of
memo,
McRae, W. D.,
Broderick recommending as, read; ap3/1
pointment authorized
F. R. Bank of Dallas:
Chambers, R. E., letter from FRAgent Ramsey
recommending, as special examiner of
applying members; appointment approved 2/4
of New York:
Bank
F. R.
Dilliston, W. H., appointment as special
examiner for Board and F. R. Bank of New
6/14
York, at i)4,500 per annum, approved
O'Hara, R. M., appointment as special
6/10
examiner, N. Y. district, approved
Letter from RRAgent Ramsay of Kansas City re
designation of, presented; Messrs. Thompson
and Phillips of Kansas City Bank approved as,
2/6
when named by directors
Tidwell, C. R., of ERBank of Atlanta, authorized to
make examinations of State banks in Atlanta
6/10
district
RIramining System, F. H. Board:
Report of com't re reorganization of, ordered circulated
6/22
for presentation on June 25th.
Exchange:
Argentina:
Letter from MBank of New York asking closing
1/16
of certain details as to,
papers
certain
of
Strauss
Mr.
by
ion
Presentat
1/3
re,
Bolivian:
Statement by Mr. Rowe re proposed exchange agree4/18
ment with Bolivia
Conference of Board with delegation of Kansas City
district bankers, and discussion re exchange
5/13
and collection conditions
963
161
363
363
163
1051
1022
172
1022
1108
65
8
649
801-6
Exchange:
Copenhagen:
Letter from Asst. Sec. Leffingwell re exchange
transactions with,
5/6
French:
Letter from, N. nusher re,
5/6
Italian:
Letter sent by Div. of Foreign Exchange to FRBanks
re control of, presented and ordered circulated
6/7
Statement by Mr. Warburg that control of, had been
taken over by Foreign Exchange Division
6/10
Memo, of agreement between Norges Bank of Christiania,
Norway, and FRBank of New York, re establishment of excharge and deposit agreement similar
to arrangement with Argentina; approved as basis
of negotiation
3/15
'uotations an neutral countries; letter from F. I.
Kent with aopy of letter from him to Senator
Owen giving, presented
6/17
Rupee:
Correspondence with Asst. Sec. Leffingwell re
additional credit of 10,000,000 rupees,
1/9
Letter from Asst. Sec. Leffingwell re conditions under which rupee exchange is
provided
6/20
Letter from Deputy Gov. Case of New York
accepting new plan of,
6/27
Motion to pro-rate profits growing out of rupee
operations, among banks ordering rupees,
approved
1/18
Price of, fixed at 35.73, as recomnended in
letter from Asst. Sec. Leffingmell
6/22
Telegram from Deputy Gov. Calkins of San Francisco
re, for Ames, Harris, Neville Co., noted
2/1
Telegram from Deputy Gov. Calkins, San Francisco,
re,
2/1
Exflhange Charges:
Letter from City National Bank of Dallas re a
communication from Kansas City Clearing
House as to, noted
5/29
Telegram from Chattanooga Clearing House re,
in Atlanta district; hearing granted
representative of, on June 11th.
6/5
Thenhange Rates:
Letter from Gov. Miller re, on drafts an0 transfers
on F. R. Cities; ref. to Comtt
1/30
750
749
1006
1017
444
1062
33
1087
1155-66
77
1109
146
151
945
995
138
LXXV
Page
Exchange Rates:
Memo. from Secretary of War re rate of exchange for
4/5
francs in France, noted
exchange Situation:
At Dallas:
Presentation by Comptroller of correspondence re,
as affected by operations of New York and
6/10
Chicago Banks
5/15
re,
a.
Letter from Third National Bank of Columbus,G
Executive Committee:
2/1
Resolution fixing status of, adopted
Executive Order:
Letter from Counsel stating proposed order of the
President regulating transactions in foreign
exchange is ready for publication; publication
1/29
authorized
Export Credits:
Drafts drawn under; letter from Gov. McDougal with
memo. of Counsel re, read; opinion of Counsel
4/12
approved; ref. to Gov. for reply
of
MBank
Cleveland:
Fancher, E. R., Gov.,
Letter from, re certain aspects of stamp tax in War
Finance Bill, read; Gov. Harding's reply
4/10
approved
Letter from, re policy of charging discount for
additional days after maturity of items sent
5/17
for collection
Letter from, re methods of charging discount for
additional days involved in collection of
5/24
items
Letter from, re mid-year bonuses to employees of
FRBanks, with proposed reply of Mr. Hamlin,
5/24
thereto; noted
security
Letter from, re deposit of one-year notes as
for F. R. Bank notes, read; Counsel to prepare
5/29
form covering pledging of such notes
1/11
for,
Salary at ‘,;;22,000 approved
Farm Loan Board:
Copy of resolution of, forwarded by Commissioner
Norris, making farm loan bonds, and interest
1/16
thereon, payable at FRBanks; ref. to Counsel
Iowa:
Point,
Center
of
Bank
Savings
Farmers
Letter from, to Secretary of the Treasury, asking
rectification of error made in remitting for
1/30
Liberty Bonds; ref. to Gov. with power
Farnsworth, F. R., Sec., American Bankers' Association:
Letter from, transmitting resolutions re bill to
provide for guaranty of bank deposits, dis5/17
cussed
566
1021
820
150-51
132
612
602-3
837
907
907
945
51
69
136-39
838
LYZVI
Page
Faulkner, P. J., appointment of, as Asst. RAgent at Cincinnati,
at .,1 2,100 per annum, approved
2/11
200
Federal Advisory Council:
See Advisory Counsel:
F. R. Act:
ilmendments to,
Counsel requested to prepare amendment correcting
error whereby Section 20 is referred to as
Section 19
2/27
303
Draft of letter to Pres. Carpenter of Citizens Bank
of Portland, Oregon, re amendment to admit
small State banks, read
3/15
446
Draft of proposed amendment to FRAct permitting
paying out by a FR3ank of notes issued by
another FRBank, read, and letter re, ordered
transmitted to Chairman Glass
3/18
463
Drafts of, embodying changes suggested by Board
in Annual Report, presented and favorably
acted upon for transmission to House Banking
and Currency Committee
2/11
204
Drafts of, re changes in Sections 19 and 22,
opposed by Comptroller
2/11
205
Law com't requested to prepare amendment re loss
at MBank in collateral held in joint
custody to which FRAgent is party
3/1
363
Letter from FRAgant Perrin re amendment for
permitting States, Cities, Counties, etc.,
to be depositors at FRBamks; ref. to
executive committee
i742/6
Letter from FRAgent Perrin to Rep. Hayes of
California suggesting, tabled
1/16
70
Letter from Senator Sheppard, transmitting
amendments suggested by Dallas Clearing
House; ref. to executive com't
3/29
531
Memo. of Counsel re proposed amendment to
Section 22 of, suggested by certain New
York attorneys, read, and agreed to give
hearing to said attorneys an Feb. 15th.
2/13
218
Merchants Nat. Bank of Detroit; letter from,
ordered answered, stating amendment to
permit long term farm discounts not now
possible
3/4
381
Proposed amendment for permitting FRBanks to pay
out in any district F. R. notes issued in
another district, discussed; agreed Gov.
discuss matter, informally, with Chairman
Glass
3/8
406
Proposed amendment to provide system of joint
custody of paper held to protect F. R.
notes, approved
2/25
289
Statement by Gov. of appearance before House
Banking & Currency Com't expressing Board's
Views re H. R. 10, 104
3/23
486-67
LXXVII
F. R. Act:
Amendments to,
Suggested amendment by FRAgent Perrin, discussed;
deemed inadvisable
Opinion of Attorney General re interpretation
of clearing and collection provisions of,
3/23
read and ordered circulated
Finance
liar
Opinion of Counsel holding that
Corporation Act has not repealed a part
5/17
of Section 13 of,
13
of,
Section
of
Opinion of Counsel re status
5/20
as affected by Clayton Act; approved
F. R. Agents:
See also under nanes of Agents.
See also under Staff of 2. R. Banks.
Acceptance of appointments by Messrs. Ballentine,
1/9
Hodges, Burke and Wellborn, presented
Assistants to,
Bond of ,50,000 approved for Asst. FRAgant
5/20
at El Paso
Broaddus, R. H., letter from FRAgent Hardy
re appointment of, as Asst. FRAgent at
1/14
Richmond; ref. to comit
Broaddus, R. H., salary at3,000 for, as
1/16
Asst. FRAgent at Richmond, approved
Eligibility of temporary substitute for an
Assistant FRAgent, who is an officer
of a member bank; memo. of Counsel
3/11
re, approved
Faulkner, P. J., appointment of, at Cincinnati,
2/11
per annum, approved
1
:2,100
at .
Functions of, discussed at meeting of FRAgents
3/1
with Beard
appointJonds, Thomas M., Pittsburgh branch,
ment of, at salary of :$2,500 per annum,
3/11
approved
the
Letter from FRAgent Hardy suggesting
FRAgent
naming of a substitute As
Dept.
Agent's
among
from
at Baltimore
5/20
approved
or Directors;
of
amount
asking
Heath
FRAgent
Letter from
bond for J. G. Baskin, as Asst. FRAgent
at Detroit; bond fixed at •25,000, or
3/8
higher
Letter from FRAgent Wills suggesting the
authorizing of a Director of each branch
of FRBank of Cleveland to act as Asst.
FRAgent, to have relief on vault combina5/8
tion; approved
Page
179
484
837
871
35
871
61
67
419
200
336-339
419
868
407
764
LXXVIII
F. R. Agents:
Assistants to,
Lies, Yark A., Asst. FRAgent at ,Jhicago, increase
of salary from .1,800 to 42,500 per annum,
approved
5/29
Lower, I. D., report of com't re appointment of,
at Omaha branch, tentatively approved,
subject to revocation
1/25
Lynch, Matthew O., appointment as Asst. FRAgent 6/25
at Jan Francisco at 4400 per month, approved
McLall
en, W. F., Chicago, letter from Gov.
McDougal re salary of,
1/9
LIeigs, D. C., appointment of, at Denver, at
4150 per month, approved
4/10
lleigs, D. C., letter from FRAgent Ramsay of
Kansas City re appointment of, as Asst.
FRAgent at Denver
4/8
Liner, P. J., appointment as Asst. FRAgent at
El Paso, at 42,100 por annum, effective
June 15th., approved
5/10
%uestien of appointing assistants at Cincinnati
and Pittsburgh in charge of confoinations
of vaults; memo. of Counsel re,
4/20
‘,uestion of substitute for Asst. FRAgent at New
Orleans; letter from FRAgent Wellborn in
re, read; Gov. authorized to approve plan 4/10
Rowe, W. 3., appointed Asst. FRAgent at
Cinzinnati
5/24
Salaries of, at Atlanta; report of com't re,
approved
1/9
Sanders, 2. G., Kansas City, appointment approved
2/9
Schutz, Henry, appointment as Asst. FRAgent
at Baltimore at 41,200 per annum, approved 6/17
Signing of name, question re, brought up at
meeting of RAgents with Board
3/1
Status of, discussed, at meeting of FRAgents
with Board
3/1
Wardrop, Robert, appointed as Asst. FRAgent at
Pittsburgh
5/24
Wood, W. N., San Francisco, appointment of,
approved
2/9
Conference of,
Joint meeting with RBoard, and minutes of
SaMO
2/26
Joint meeting with &Board, and minutes of
same
3/1
946
114
1129
35
603
591-92
784
662
605
909
35
186
1063
336
334-05
909
186-0
293-299
323-351
LEC.IX
Page
96
F. R. Agents:
Conference of,
Lotter from FRAJ3nt Perrin re possible, rond;
2/1
tabled until Feb. 4th.
read;
Letter from FRAgent Perrin re proposed,
2/4
agreed to call mooting for Feb. 26th.
Board
with
Programme for meeting of FRAgents
an Feb. 26th., considered, and topics
for consideration tentatively agreed upon, 2/7
Draft of letter to Agentsre issue of FRBank notes,
5/24
approved for transmission
?unctions of,
Voted that especial attention of each FRAgent
1/30
be called to,
on
of,
FRBanks:
on
Joint notificati
Draft of resolution re, presented by Mr. Hamlin;
3/1
ref. to executive com't
Gov. Harding authorized to write general letter
3/1
to IMBanks recommending,
Llinutes of mooting of, reported by Mr. Delano;
3/6
ordered received and passed to file
Matter of writing to, re Index Digest, ref. to Gov.
2/9
Harding
kxestion of issuing pamphlet re use of trade acceptances; Jec. of Board instructed to take up
4/15
matter with RAgents
discussed
Relation between, and credit department,
3/1
at meeting of FRAgents with Board
Status of,
Report of com't defining, presented; ordered
3/15
dozheted for March 18th.
F. R. Bank Notes:
Draft of letter to FRBanks & FRAgants re issue of,
5/24
approved for transmission.
prepare,
to
r
Gov. authorized to request Comptrolle
in denominations of ,A and'‘g, in same pro5/3
portions set for Vsi notes
Issuance of, under Pittman Act:
Opinion of Counsel with preliminary draft of
proposed resolution to be adopted by FRBanks
5/31
in connection with,
Letters from Goys. Fancher and Seay re deposit of
one-year notes as security for, read; Counsel
to prepare form covering pledging of such. notes 5/29
Memo. of Counsel re pavers of attorney authorizing en5/17
graving of signatures of officers on;approved
Opinion of Counsel requested as to the legality of
one MBank paying out the bank notes issued
4/23
by another FRBank
149
161
180
910
139
363
363
393
185
633
356
447
910
733
965
945
837
676
Page
F. R. Bank Notes:
Orders from FRBanks for printing of, presented and
noted
4/24
Signatures of Goys. and Cashiers of Banks, instead of
those of Gov's. & Secretaries, on new FRBank notes,
approved
4/29
Telegram from FRAgent Perrin re making F. R. notes and
F. R. Bank notes interchangeable
6/27
Tentative allotment to each :MBank of, to be issued
under Pittman Bill, approved
4/23
F. R. Bank of Atlanta:
Branch Banks of,
Establishment of branahes at Jacksonville and
Birmingham, with limited poaers, favored
by Board; full data concerning conditions
for installing required
5/29
Informal meeting of Board, hearing claims of
Birmingham, Jacksonville, & Nashville for,
with statement by FRAgent Wellborn
5/18
Correspondence between, and Asst. Sec. Leffingwell,
re "float" on checks for excess profits and
income taxes; noted
6/10
Draft of telegram to Gov. McCord re proposed method
of endorsing acceptances purchased by Atlanta
from FRBank of New York; ordered transmitted
4/13
Extension of par list; letter from Cashier Pike re,
ref. to aom't
2/27
Letter from FRAgent Wellborn askin approval of
expenditure of certain amount in connection with
new building at; approved
4/18
Letter from FRAgent Wellborn re pneumatic tube system
for new building at Atlanta,
1/21
Letter from, re circular recently issued by Asst.
Sec. Leffingwell re deposit of inaome and excess
profits taxes, noted
6/7
Letter from Gov. McCord re conference re rates of
interest paid on balances in Atlanta
5/24
Letter from, transmitting copy of circular letter
prepared and sent out by them re shipments of
gold to Mexico, noted
3/19
Letter from J. B. Pike of, re extension of par list,
read, discussed, and ref. to Gov.
2/13
Memo. of W. M. Imlay re special exandners in Atlanta
district, and naming certain employees of Atlanta
Bank as, read; proposed examiners approved
2/4
Re-election of officers of; notice from FRAgent
Wellborn re,
1/16
Report from examiner Adelson re conditions at,
1/9
682
708
1158
67546
943
844-656
Eva
623
304
650
93
1006
908
468
219
161
66
37
Page
F. R. Bank of Atlanta:
Salaries:
1/9
Asst. FRAgents; report of com't re, approved
1/4
approved
Report of committee re,
2/4
approved
re,
Report of committee
Agent's
Dept.,
Fiscal
in
re,
Report of committee
2/1
tabled
in,
increases
recommending
committee
of
Report
6/20
approved
3/4
Sale of 2,;,; bonds held by, approved
Suggestion by Gov. Harding for hearing of various
local interests in Atlanta district desirous
5/8
of having a branch bank established at
specified points; hearing set for May 18th.
Telegram from, ro balance of earnings hold for
Govt.; ref. to executive com't with power
to make paymmt to Govt. and announce same 1/2
Telegram from Gov. McCord re use of franking
5/1
privilege,
Tidwell, O. R., appointment as examiner and
assistant in Auditing Dept., at 42,400 per
5/31
annum., approved
Tidwell, C. R., authorized to make examinations
6/10
of State banks in Atlanta district
F. R. Bank of Boston:
Attitude of, toward employee guilty of recent theft;
6/17
Agent Curtiss re,
letter from
election
of
Curtiss
FRAgent
Deputy Gov., notice from
of Mr. Chas. S. Spencer as, at salary of ,12,000;
1/16
ref. to committee for report
6/10
referred
from,
Dividend application
6/12
approved
1918,
30,
June
7 , to
Dividend at 6,)
Cashier,
of,
as
Asst.
appointment
Kenyon, D. M.,
2/9
approved
of
certificates
ro
losses
Curtis
FRAgent
Letter from
2/9
of indebtedness at, read
s
Loan
subscription
Liberty
re
Morss
Gov.
from
Letter
in New England, discussed; ref. to Gov. with
2/11
power
Purchase of bank building for; memo. of Gov. Morss
5/22
with plans re; ordered circulated
Purchase of bank site by;
Action of executive com't approving., ratified 6/22
Letter from Gov. Harding to Gov. Mbrss
6/12
authorizing, approved
executive
of
meeting
at
..juestion of, presented
committee; and telegram from Gov. Morss
6/21
referred to Boston com't
35
17
162
151
1089
381
772
5
720
963
1022
1062-63
66
1018
1035
186
191
202
895
1106
1033
1111
F. R. Bank of Boston:
Report of examiner Broderick re; ref. to Boston
committee
2/25
Report of Secret Service Division of the Treasury
re recovery of lost Liberty Bonds at,
6/5
Salaries:
Proposed increases in, considered; ref. to
executive committee with powor
6/27
Report of committee approving, approved
2/9
Report of committee re, adopted
6/29
Spencer, Charles E„ Jr., salary for, at
,A2,000, approved
1/18
Secretary directed to inquire re status of an
employee discovered to have stolen certain
Liberty Bonds from,
6/10
Telegram from Gov. Harding to, asking rediscount
for Mank of Richmond, approved
6/27
Telegram to, re rediscounting for FRBank of
Richmond, authorized
5A7
F. R. Bank of Chicago:
Bateman, F., appointment as Asst. Cashier at :t;3,500
per annum, approved
4/10
Comments by committee on, re report of examination
of, dated April 13th.
4/22
Dillard, J. H., appointment as Asst. Cashier at
.3,500 per annum, approved
4/10
Dividend at 6, Jan. 1, 1918, to July 1, 1918,
approved
5/31
Dividend at 6;;, to June 30, 1918, approved
6/12
Letter from FRAgent Heath protesting auainst rumored
plans to change Chicago district and establish
new branches, read and noted
4/15
Letter from Secretary McLallen of, informing Board
of re-election of James B. Forgan as member of
Federal Advisory Council for 1918
1/2
Locke, R. B., notification of election of, as Manager,
at salary of :6,500
1/2
iluarters:
Proposal of Chicago Bank to rent new building
at .J00,000 per annum, approved
3/1
Salaries:
Burgess, F. R., Auditor, salary at ;:ji3,600 per
annum, approved
4/20
Childs, K. C., salary for, at ,,:i4,000, approved 4/12
Cramer, S. B., Asst. Cashier, salary at 05,500
per annum, approved
4/20
Increases in salary of certain of staff,
approved
6/3
284
992
1150
186
1180
80
1023
1157
634-36
603
666
603
964
1035
629
4
4
365
660
610
660
983
Page
F. R. Bank of Chicago:
Salaries:
Lies, Mark A., Asst. PRAgent, increase in salary
5/29
from .4;1,800 to .,r2,500 per annum,approved
re
l
McDouga
Gov.
from
McLallen, W. F., letter
1/9
salary of; ref. to committee
salary
re
ee
committ
of
report
McLallen, W. F.,
1/11
of, adopted
5/1
d
approve
in,
changes
re
s
Recommendation
1/2
Report of committee re, approved
for,
annum
per
0,000
at
salary
Vogt, A. H.,
4/12
approved
ng
notifyi
l
McDouga
Gov.
from
letter
Service charge;
1/9
of reduction in, at Chicago
/11
1
d
approve
in,
on
reducti
d
propose
Service charge;
the
for
held
s
earning
of
balance
re
Telegram from,
1/2
Government
members
State
new
of
ation
penaliz
re
Telegram from,
6/28
for reserve deficiencies
FRBank
for
unting
redisco
re
zed,
authori
to,
m
Telegra
5/17
of Richmond
Telegram to, requesting rediscount for FRBank of
6/14
Kansas City, approved
of
Telegram to, requesting rediscounts for FRBmak
6/27
Richmond, approved
F. R. Bank of Cleveland:
Baxter, E. F., appointment of, as Secretary,appraved 2/15
Dividends:
Lotter from FRAgent Wills in re, tabled until
2/25
Feb. 27th.
nal
additio
nding
recomme
Agent Wills
Letter from
dividend, payable April 1st.; ordered Bank
be requested to adhere to usual send-annual
2/27
plan of payment
g
State
securin
n
for
campaig
Letter from, re proposed
6/3
bank members; noted
to
bonuses
ear
mid-y
re
Letter from Gov. Fancher
employees of FRBanks, with proposed reply of
5/24
:Ir. Hamlin thereto, presented and noted
asked
ns
questio
certain
to
reply
of
m
telegra
d
Propose
6/3
by, re use of powers of attorney; authorized
Salaries:
Fancher, E. R., Gov., salary approved at 422,000
1/11
per annum
Faucher, E. R., Gov., voted that salary remain
1/25
at 420,000 per annum
n
Gov. Fancher and FRAgent Wills; reconsideratio
. of action of Board of Jan. 11th. re salaries
1/12
of, approved
946
35
49
721
4
610
35
51
5
1168
834-35
1047
1156
231
284
304
982
907
982
51
111
55
Izzarv
P. R. Bank of Cleveland:
Salaries:
Report of committee in re salaries of officers,
approved
1/11
Report of committee re, made special order
for meeting of Jan. 25th.
1/23
Report of committee re, adopted
6/29
Report an salaries of officers, considered
1/25
Wills, D. C., FRAgent, recommendation of com't
re salary of, at 415,000, carried
1/11
Wills, D. C., FRAgent, salary fixed at :„;15,000, 1/25
Telegram from Gov. Harding to, asking rediscount
for MBank of Richmond, approved
6/27
Telegram from Vice Gov. Warburg to, asking rediscount
for FRBank of Dallas; action ratified.
6/17
Telegram to, re rediscounting for FRBank of Richmond,
authorized
5/17
Telegram to, requesting rediscount for MBank of
Kanf;as City, approved
6/14
F. R. Bank of Dallas:
Appointment of assistant to Manager of Discount Dept.
at 42,100 per annum, approved
4/17
Appointment of stenographer in Discount and Credit
Departments at 41,200 per annum, approved
4/17
Blocker, J. H., appointment at i3250 per month, for July
and August, approved
6/27
Chambers, R. E., letter from RAgent Ramsey recommending appointment as special examiner of applying
members, approved
2/4
Charging off of part of cost of bank building at;
letter from FRAgent Ramsey re,
5/15
Dividend at 6, July 1, 1917 to June 30, 1916,
approved
5/31
Exchange situation at, as affected by New York and
Chicago banks; presentation by Comptroller of
correspondence re,
6/10
Hall, C. C., Asst. FRAgent, recommendation as assistant
in bank examinations at Dallas, approved
2/6
Harris, Fred, appointment as Asst. Cashier at :',;3,000
per annum, approved
6/12
Increase of rate at; ref. to com't
2/25
Letter from FRAgent Ramsey re defalcation at, presented,
with report by Gov. Harding ro organization of
Liberty Loan Dept. of; ref. back to Gov.
1/30
Letter from FRAgent Ramsey re membership in Dallas
Dist., read and noted
1/25
Letter from RAgent Ramsey re recent defalcation at,
read and noted
2/11
51
102
1180
111
51
111
1157
1050'59
834-36
1047
643
643
1159
163
822
963
1021
173
1034
264-36
139
115
201-2
LXT.A'V
P. R. Bank of Dallas:
Letter from RAgent Ramsey in re volume of currency
available for redemption now on hand, read
4/15
and noted
increases;
rate
Letter from FRAgent Ramsey re discount
5/29
referred
Loan
Liberty
in
Letter from, re auditing methods
2/11
Dept., presented and noted
border,
Ilexican
to
gold
of
Lotter from, re shipments
2/11
noted
from
absence
proposed
re
Zandt
Letter from Gov. Van
6/3
Dallas, read and noted
FRAgent
Asst.
from
letter
at;
Loss of certificates
2/20
Hall re, read and ref. to Gov. for reply
1,
July
to
1917,
30,
June
from
at,
Proposed dividend
6/17
1918; letter from FRAgont Ramsey re,
from
letter
Banta;
Reserve
at
bonds
Registration of
4/12
Gov. Van Zandt re, read and noted
Salaries:
Ashley, J. n., secretary to FRAgent Ramsey,
5/29
increase in salary of, approved
Chambers, R. E., salary at2,500 for, approved 2/6
Increases in, of employees at Dallas, as set
forth in letter from FRAgent Ramsey,ap5/31
proved
to
Proposed increases in, considered; rof.
6/27
executive com't with power
1/2
Report of com't on, approved
6/29
Report of com't re, adopted
apin,
changes
Report of com't recommending
4/22
proved
approving,
com't
of
report
for;
Salary increases
1/16
approved
Cashier
Assistant
of,
as
appointment
Taylor, Paul,
3/25
at salary of ,4 i5,000 per annum, approved
of
drought
question
re
Ramsey
Telegram from RAgent
relief; Gov. ordered to telegraph Deputy Gov.
Hoopes to render all assistance possible,
3/1
locally
Telegram from Vice Gov. Warburg to, re instructions
sent Cleveland to rediscount for; action
6/17
ratified
F. R. Bank of Kansas City:
Attention called to telegram sent out by, suggesting
"calling" of loans on non-essential industries,
security, etc.; deemed unwise, and Gov. to so
3/13
notify
Page
628
945
202
194
982
268
1059
611
945
173
963
1150
4
1180
667
67
503
366
1058-59
432
LLavi
F. R. Bank of Kansas City:
Bank site for; action of Board of Directors approving purchase of a .,500,000, at a stated
location, approved
6/17
By-laws of; mero. of Mr. Delano re, adopted and
ordered transmitted to FRAgent Ramsey
6/3
Directors' fees; report of com't on, approved
1/18
Discount rate situation at; letter from Gov.
Liiller re,
6/5
Discount situation at Kansas City; letter from
FRAgent Ramsay re, noted
5/22
Dividend application from, referred
6/10
Letter from FRAgent Ramsay re selection of directors
at Omaha and Denver by, read and noted
1/30
Letter from, re discount rates, with especial
reference to question of maximum rates; ordered
circulated
6/3
Letter from, re necessity of obtaining exemption
for certain employees; ref. to Counsel
6/25
Meeting of Board of Directors of; file re recent,
and certain expressions there used,presented
and noted
5/17
Memo. of Counsel re surrender of stock in,and claims
of member banks surrendering,
6/27
New discount rate schedule received from, discussed
with reference to whole rate situation
5/13
New site for,
Letter from FRAgent Ramsay re, ref. to committee
for report
4/1
Report of committee re site for new building,
read; ref. back to committee with recommendation as to choice
4/3
Proposed letter and questionnaire for transmission re
establidhrent of an Oklahoma branch; ref. to
com't
3/15
question of rates of discount at, discussed, and
schedule offered and approved
5/15
Ramsay, Asa E., letter from, re taking over duties of
office; ref. to com't for report as to audit
of Agent's accounts
1/11
Rediscount accommodations for; question of requesting Kansas City to apply to other banks for
suitable, ref. to executive com't with power
6/12
Report of Kansas City com't commenting on report of
Broderick re condition of,
5/22
Resolution of, re mnximum and minimum rates of discount, read; ordered discussed with Govs. at
Conference, July 1st.
6/29
Page
1064
983-84
80
991
895
1018
138
980
1139
839
1153
807-8
542
557
447
821-
46
1033
900
1174
LXXXVII
Page
F. R. Bank of Kansas City:
Salaries:
1/21
Report of com't re, approved
fixed
salary
Wardell, S. A., Acting Auditor,
5/17
at c;3,300 per annum, on assuming duty
misbeen
had
he
Statement made by Comptroller that
quoted by J. W. Perry before Board of Directors
5/6
of, re limit of earnings of FRBanks
minimum
and
maximum
of
Telegram from, re question
discount rates, read; reply of Gov. Harding
5/29
giving table of approved rates, approved
F. R. Bank of Yanneapelis:
Discount and banking conditions in IJinneapolis
district; letter from Asst. Sec. Leffingwell
6/25
transmitting one from Gov. 7o1d re,
1918,
30,
June
to
1
Jan.
period
for
Dividend at 0',
6/22
approved
agreeunder
at,
bonds
of
sale
re
Letter from Counsel
1/23
ment to repurchase; ref. to committee
banks;
member
in
deposits
postal
re
from,
Letter
2/23
ref. to Gov. with power
Jalaries:
Letter from committee of directors re salaries
1/21
of officers; ref. to committee
1/23
Report of committee re, approved
1/25
Report of committee ro, approved
F. R. Bank of New York:
Acken, George A., appointment at ,„2,500 per annum,
6/20
approved
ng
informi
Treman
Bank of Japan; letter from R. H.
Board of designation of, as correspondent and
1/11
agent for FRBank of New York; approved
of,
ry
Secreta
Barrows, D. H., appointment as Asst.
2/13
at 44,000 per annum, approved
Building site for,
Letter from FRAgent Jay re matter of taking
title to land for new building site,noted 5/31
Letter from FRBoard re accounting treatment of
value of newly purchased, approved for
6/25
transmission
price;
stating
re,
Strong
Gov.
Letter from
telegram, approving purchane, approved for
2/23
transmission
Letter, transmitting vote of Board of Directors
re accounting treatment of, read and ref. 6/14
Charge off of value of real estate at; letter from
J. F. Curtis re, read ami ref. to Gov. Harding 6/17
89
838
750
941-42
1129
1106
103
279
93
101
114
1068
46
216
962
1140
277
1049
1059
LXXXVIII
Page
F. R. Bank of New York:
Correspondence with, re application of proceeds of
sales of goods exported in payment of acceptances,
presented, discussed, and ref. to com't and
Gov.
4/20
Curtis, J. 2" letter from
Agent Jay advising of
election of, as Deputy Gov. and Counsel,
1/2.5
Dilliston, W. H., appointment as special examiner
for Board and FRBank of New York, at 34,500
per annum, approved
6/11
Fiscal Agent's Department:
Correspondence w ith FRAgent Jay and examiner
Broderick re proof and verification of
operations in, for first and second Liberty
Loans; ref. to Gov. Harding with. power
2/9
Gidney, R. M., letter from, asking permission to
show purchases of bonds and certificates from
members separately on Form 34, read, and
permission granted
4/12
Gidney, R. M., question of allowing to participate in
bonuses, ref. to Counsel
2/1
Gov. authorized to instruct, pending investigation
by Counsel as to classification of Brooklyn
banks, not to press penalities against said
banks
1/30
Letter from Deputy Gov. Case of, accepting new plan
of rupee exchange
6/27
Letter from, asking closing of certain details as to
Argentina exchange arrangement
1/16
Letter from, enclosing report of American Metal Co.
re use of gold shipped to Mexico, noted
2/11
Letter from, re large lines of packing house paper
and comments of examiners thereon as "capital
loans"; noted
6/10
Letter from, re registration of Govt. bonds, read;
ref. to Gov. Harding for further inquiry
4/5
Letter from J. F. Curtis, transmitting resolution of
Board of Directors of; ref. to Comptroller
5/20
Letter from L. F. Sailer re sundry minor financial
irregularities at, read and noted
1/25
Letter to Deputy Gov. Case of, re eligibility of trade
acceptances given by Gas Distributing Companies
to Gas Producing Cos., presented, modified, and
ordered transmitted
4/24
Payment of dividend by, to June 30, 1918, approved
6/25
Proposed letter from Mr. Warburg to, re handling of
"float" on acceptances, approved for transmission
6/17
659
112
1051
186
609
152
138
1155'56
65
194
1507251
868
112
685
1139
1062
LX.MIX
Page
F. R. Bank of New York:
Report by Gov. Harding of conversation with officers
of, re status of reserves of Brooklyn national
1/30
banks
Salaries:
1/11
Curtis, J. F., salary at $15,000, approved
1/25
d
approve
,
0.8,000
at
Curtis, J. F., salary
,
motions
and
Strong,
Gov.
Discussion re salary of
,
Q50,000
and
46,000
at
fix
to
respectively,
1/11
defeated
1/11
adopted
re,
e
committe
of
Employees, report
salary
re
Jay
FRAmnt
from
letter
Gidney, R. M.,
1/30
of, ref. to com't
at
of,
salary
re
can't
of
report
M.,
Gidney, R.
2/1
4,500, approved
s
Strong'
Gov.
fix
to
com't
of
ndation
Recomme
1/11
salary at $40,000, approved
salary
re
com't
of
ndation
recomme
F.,
Sailer, L.
1/11
of, at 0.5,000, approved
1/23
A8,000
at
fixed
salary
F.,
L.
Sailer,
Statement by Gov. Harding in re telephone
conversation re; voted to reconsider action
of Jan. 11th. and request conference with
1/12
Gov. Strong
aconvers
e
Statement by Gov. Harding of telephon
1/18
tion with FRAgent Jay re,
1/18
re,
Warburg
Situation at; informal report of Nr.
F. R. Bank of Philadelphia:
Administration of, referred to executive com't with
power to determine mans of placing organization
1/30
of, on sound basis
1918,
30,
June
d
to
Application of, to declare dividen
6/7
referred
bank,
by
d
requeste
Appointments and salaries at,
6/5
approved
re
inquiry
from,
report
Attorney General's office,
made re source of rumors as to FRBank of Phila. 2/6
Charge offs;
Ordered that none be made until close of year 6/27
Luestion of, as of June 30, 1918, ref. to com't
6/20
for report
Collateral:
Letter from glAgont Austin re conditions at Phila.
2/25
in handling of bills deposited as, noted
of
Condition of affairs at, discussed, and matter
2/7
securing a suitable Gov. for, considered
6/10
ed
Dividend at 6%, to June 30, 1918, authoriz
6/22
Dividends; letter from AlAgent Austin re,
137
50
112
49
50
141
151
50
50
102
55
82
82
140
1005
993
174
1149
1090
284
180
1018
1108
XC
Page
F. R. Bank of Philadelphia:
Draft of letter to be sent by Mr. Warburg to Director
Thompson of, read and noted
2/1
Letter from FRAgent Austin giving results of choice
of officers at,
1/9
Letter from
Agent Austin re purchase of vault at
Philadelphia
1/21
Letter from, re acceptance of reports of State
examinations, noted
1/11
Letters from, re election of new officers at, road
and referred
6/3
Letter from Gov. Rhoads re possible loss of certain
securities, ref. to Mr. Broderick for report
1/9
Letter from Joseph Wayne of, re officers at,read
and noted
2/13
Lost shipment of bonds:
Recovery of; letter from RAgent Austin re,
noted
2/18
Recovery of; letter from Gov. Rhonds reporting;
ordered brought to attention of Gov.
2/1
Memo. of .1:r. Broderick re securities lost by; voted
to instruct FRBanks to advise Board promptly in
event of loss
1/21
Message from Deputy Gov. Hardt, asking if Reserve
Banks may subscribe to Red Cross; not
authorized
5/22
Officers authorized to witness delivery of F. R. notes;
letter from Asst. FRAgent Post naming, noted
3/8
Officers; report of comit on election of, approved 1/16
Passmore, B. P., letter from FRAgent Austin notifying
of election of, as Gov., at !20,000 per annum
2/11
quarters:
Letter from Gov. Rhoads re matter of new,presented;
ordered brought to attention of Gov.
Harding
2/1
question advanced by representative of Phila. Ledger
re alleged withdrawal of Gov. Rhoads on account
of irregularities at; Mr. Hamlin to take up
matter with Attorney General's office
1/28
Report by Mr. Warburg re communications with Phila.
com't re selection of Gov. for,
2/1
Reports of State member dividends in Phila.; letter
from RAgent Austin re; voted to authorize
reporting of dividends for usual periods observed
by members
1/9
Salaries:
Increases in; letter from FRAgent Austin re,
6/22
Proposed increases in, considered; ref. to
executive committee with power
6/27
153
34
93
46
980
34
214
252
149
88-69
896
405
67
201
149
124
148
34
1108
1150
XCI
Page
F. H. Bank of Philadelphia:
Salaries:
1/11
Report of com't re, adopted
6/29
Report of com't re, tabled
re
views
's
Board
Request by Mr. Warburg for
1/12
salary of Gov.; opinion informally exded,
excee
be
not
y
salar
nt
pressed that prese
Richmond,
Telegram to, asking rediscount for FRBank of
6/17
approved
ond,
Richm
of
k
FRBan
for
count
redis
Telegram to, asking
6/27
approved
F. R. Bank of Richmond:
ip at,
Authorization for tendering of vacant directorsh
5/17
to Mr. Howard Bruce of Baltimore
Agent Hardy re appointBroaddus, R. H.; letter from
1/14
ment of; ref. to committee
5/17
Discount rates authorized for,
Dividend at C, for period ending Juno 30, 1918,
6/22
approved, subject to checking by Statistician
1918,
Dividend at 6, for period Jan. 1 to June 30,
6/22
authorized
of
funds
nce
Letter fram RAgent Hardy re disappeara
1/25
shipped by, read and noted
es
ficat
of
certi
ng
Letter from Gov. Seay in re placi
1/21
of indebtedness, notod
taxes
of
eds
proce
of
it
Letter from Gov. Seay re depos
with the banks and discount requirements of
6/10
Richmond district; noted
ices
re
pract
ams
Willi
and
Memoranda by Messrs. Miller
at, noted by examiner Broderick in report of
3/20
IJArah 15th.
with
re,
Hardy
t
FRAgen
from
r
Organization of; lette
3/29
Gov. Harding's reply, read and noted
re;
Hardy
t
FRAgen
from
r
lette
Purchase of land by;
5/15
purchase authorized
ond
Richm
to
ref.
read;
of,
n
Report of examinatio
3/18
committee
Salaries:
Broaddus, R. H., Asst. FRAgent, salary at
1/16
::',3,000, approved
per
0
Keesee, Goo. H., Cashier, salary at ?5,00
1/7
annum, approved
1/11
Report of committee re, adopted
of
on
izati
Secretary directed to notify, of organ
2/25
Baltimore branch
ks
by
FRBan
for,
s
count
Telegram to, authorized, re redis
and
go,
Chica
land,
Cleve
of Boston, Philadelphia,
5/17
San Francisco
51
1180
56
834-35
1157
840
61
836-37
1108
1113
112
93
1020
477
531
822
462
67
24
51
232
835
XCII
F. R. Bank of Richmond:
Telegram to, re rediscounts for, by FRBanks of
Cleveland, Chicago, Boston and Philadelphia;
approved
6/27
F. R. Bank of St. Louis:
Agreed to advise that Board would like report as to
needs of Memphis
5/29
Dividend at 6%, to June 30, 1910, approved
6/12
Dividends to June 30, 1918; letter from ERAgent
Martin re, referred
6/10
Letter from FRAgent Martin re desire of, for establishment of branch at Little Rock
6/27
Letter from, ro collection charges
6/7
Letter from J. W. Hoxten re deposits of non-member
banks; ref. to committee for report
1/9
Rate granted on American Tobacco Co. acceptances,
discussed, and higher rate approved
4/2
Salaries:
Report of committee re, approved
1/21
Telegram from, re question of establishing a branch
at Memphis; noted
5/31
Telegram from, re rate made on acceptances in certain
transactions; agreed to consult Bank further
re,
4/3
F. R. Bank of San Francisco:
Abraded gold:
Letter from FRAgent Perrin in re treatment of
abraded gold coin at San Francisco; ordered
circulated
1/28
Letter from FRAgent Perrin re policy of San
Francisco as to, noted
2/20
Opportunity of San Francisco to acquire; letter
from FRAgent Perrin re; ref. to Gov. for
reply
3/23
Correspondence with FRAgent Perrin re absorption of
Lumbermen's National Bank and date for paying
dividends on its stock by; ref. to com't
1/26
Cost of shippins- gold and notes between Alaska and
Jan Francisco; letter from Gov. Lynch re,
6/20
Draft of letter to, re charging off of value of
buildings standing on future site of Bank;
approved for transmission
5/3
Favorable report by Counsel re authorization of, to
proceed with test case as to constitutionality
of State tax on deposits in California; test
case authorized
5/29
Letter from Acting FRAgent Elliott re scale for
interest on bank deposits; acted upon
6/10
Letter from Asst. FRAgent Elliott re early preparation
of 35 P. R. notes for,
6/14
Letter from Asst. FRAgent Elliott re gold production 6/27
Letter from FRAgent Perrin nominating T. H. Cromwell
as appointee in his department at 3300 per month 4/1
Page
1156
944
1035
1018
1155
1004
35
551
89
962
554-5
126
267
486
126
1067
732
945
1019
1048
1154
542
I
XCIII
Page
F. R. Bank of Jan Francisco:
Letter from FRAgent Perrin reporting deficiency of
$2,400 in Fiscal Agent's Dept.; ref. to Gov.
2/6
Harding
acceptances
trade
on
4,i;;
of
rate
Letter from, naming
5/13
maturing 15-90 days; discussed
to
of
returning
question
re
Perrin
Letter to FRAgent
State banks deposited gold left with MBank of
6/17
San Francisco; approved for transmission
at,
FRAgent
as
Asst.
appointment
C.,
Lynch, Matthew
6/25
with salary at 0400 per month; approved
old
of
cost
of
off
charging
re
Counsel
of
Memo.
buildings on now site of, read; ref. to
5/1
executive committee
1/30
ved
month,appro
per
460
at
appointment
B.,
L.
Parker,
gathering
for
Perrin,
FRAgent
by
suggested
Plan
1/25
abraded gold into, read and approved
Proposed change in trade acceptance rate at; bank
already requested by Gov. Harding to maintain
rate uniform with that in force at other banks 5/10
Purchase of land for;
2/13
Letter from FRAgent Perrin re, read and noted
Telegram from FRAgent Perrin re purchase of
5A
additional land at 440,000; authorized
Purchase of old government bonds by; letter from
5/22
Gov. Lynch re, ordered circulated
Recovery of funds stolen from; letter from FRAgent
4/12
Perrin notifying of, read and noted
Salaries:
Parker, L. B., salary at 475 per month,approved 6/12
1/2
Report of committee on, approved
and
Report of committee re, at San Francisco
1/18
brarahes, approved
apmonth,
Tucker, E. H., salary at 0150 per
6/12
proved
from
letter
at;
notes
Scantiness of supply of F. R.
6/27
Asst. FRAgent Elliott re,
FRAgent
Asst.
from
Supply of notes at; letter
6/28
Elliott re,
of
test
bringing
re
Perrin
FRAgent
Telegram from
case as to taxation of bank deposits in California;
5/29
ref. to Counsel
Telegram from, re export licenses authorizing shipment of Mexican currency, granted, but future
1/23
permits to be applied for,
Telegram from, re importations of coin and bullion,
2/20
read and ref. to Er. Strauss
Telegram to, authorized, re leaving of acceptances &
bills purchased from FRBank of Richmond with the5/17
Richmond Agent in trust as Agent for San Francisco
173
799
1059
1129
719
141
113
783-84
214
751
895
610
1035
4
80
1035
1158
1168
940
97
270
835
XCIV
page
F. R. Bank of San Francisco:
Telegram to, authorized, re rediscounting for FRBank
of Richmond
5/17
F. R. Banks:
Abolition of service charges at; attention called
to newspaper article re, originating in Phila. 5/15
Audits and Examinations:
Memo, of nr. Broderick re methods of auditing
at FRBanks; ref. to com't
3/4
%uestions affecting auditing of expense accounts,
informally considered
5/29
Supervision of, by Chairman of Board of Directors;
report of
Broderick re, discussed
3/1
Board refuses to authorize contributions by, to Red
Cross
5/22
Circular letter, suggesting examinations at, as to
protective measures being taken to insure Govt.
against loss on deposits made in subscribing
banks through FRBanks; ordered transmitted
4/8
Conditions at, and methods of management of, discussed
1/9
Correspondence re holding of paper by, for illAgents,
and statement by Gov. re situation as to restrictive endorsement on same,
2/7
Discount rate changes at, considered, and letters
re, read; table of rates submitted and approved,
to be effective upon the President signing -War
Finance Corporation Bill
4/5
Discount rate sheets from, presented and old rates
ordered reapproved
1/4
Discount rates at; question re, considered, and
letter from Gov. Strong re general discount
policy of System, submitted; tabled until
March 4th.
3/1
Discussion re rate and reserve conditions at,
5/10
Division of post-war obligations among; letter from
Gov, Strong re,
6/28
Draft of letter to, re issue of FRBank notes,approved
for transmission
5/21
Effect of military draft on staffs of; letter from
Deputy Gov. Treman of New York re,
3/18
Examinations:
Statement by Gov. Harding re present method
employed in, and suggesting grouping of
banks for this purpose
5/10
F. R. Bank notes to be issued under Pittman Bill:
Gov. authorized to advise of allotment of, and request necessary signatures and order for preparation of plates and printing of notes
4/23
834-36
821
367
941
325-334
896
594
37
179
5700
13
362
784
3.169
910
463'44
766
616
1
xcv
Page
F. R. Bahks:
Franchise tax; sending of instructions re, to PRBanks
1/4
in position to pay immediately, approved
Supt.
State
Michigan
from
letter
in;
deposits
Gold
of Banking to Michigan State banks re, forward6/20
ed by FRAgont Heath
Gov. authorized to write all, stating general policy
5/1
re annual dividend and settlements with Govt.
discusInterest and discount rates at; vestion re,
3/25
sed; no action
Joint notification of, and FRAgents:
Draft of resolution re, presented by Yr. Hamlin;
3/1
ref. to executive committee
letter
general
Gov. Harding authorized to write
3/1
to Banks recommending,
ing
recommend
Letter from Gov. Lynch of Jan Francisco
receiving of deposits by, from States and Cities,
2/13
presented and noted
1/2
branch,
Orleans
Letter from Mr. Marcus Walker, New
re probable lending policy of; read and discussed
Letter from Phelps Dodge Corporation to C. H. Bates,
re supplying gold for export by FRBanks,read;
2/1
ref. to Mr. Warburg with power
public
of
deposits
re
Wadsworth
Letter from Senator
1/2
funds in; ref. to executive committee
MBank
of
cost
of
ment
apportion
re
Mem. of Counsel
notes; ordered mimeographed and transmitted to
5/3
FRBanks
Methods of auditing at; memo. of chief examiner
3/4
Broderick re; ref. to com't
Mid-year bonuses to employees of; letter from Gov.
E. R. Fanchor re question of, presented,with
5/24
proposed reply of Mr. Hamlin; noted
Opinion of Counsel with preliminary draft of proposed
resolution to be adopted by, in connection with
issuance of FRBank notes under Pittman Act;
5/31
approved
Ordered that no "charge offs" be made by, until close
6/27
of year
and
Orders from, for printing 2TJ3ank notes, presented
4/24
noted
Organization chart for,
Letter from FRAgent Heath commenting upon
4/1
proposed; ref. to com't
ref.
re
proposed;
Wills
Letter from FRAgent
4/3
to Mr. Delano
ordered
in
Bulletin,
g
publishin
of
uostion
,
4/12
ref. to com't on Bulletin
ordered
;
presented
ing,
transmitt
com't
of
Report
3/15
docketed for March 18th.
12
1086
719
504
363
363
213
6
151
5
733-34
387
907
965
1149
682
541
559
609
447
Page
F. R. Banks:
Organization of, with proposed organization chart;
report of com't re, discussed; matter ordered
presented to Goys. at conference on March 22nd. 3/18
Par list at,
Letter from
Agent Jay re extension of, read
and referred to committee
3/15
Pledging and endorsement of paper at, report on,
discussed, and voted to adopt recommendations
of chief examiner Broderick
1/4
Promotion activities of; report re, ordered circulated at meeting of FRAgents with Board
3/1
tivarters for,
Letter from Gov. Strong re acquirement of, out
of surplus, read anA discussed; Gov. to
reply
2/13
ruestion of readjustment of certificate assignments
among, brought up and ref. to com't for recommendation
2/13
'‘,2uestion of salaries at, taken up; no action
6/28
vuestian re the simultaneous sanding of communications
from Board to Gov. and Chairman of, discussed
at meeting of FRAgentswith Board
3/1
Report of com't with organization chart for,presented,
discussed and ordered recommitted
3/20
Reporting of loans protected by Govt. obligations;
copy, of letter of instructions re, to FRBanks,
presented, discussed and approved for transmission
4/6
Repurchase and sale agreements at; memo. re,
presented by Chief of Division Jacobson
4/6
Revised table or chart of directors and officers of,
ordered prepared for Board Room
6/12
Salary and expense adjustments re installation of
private wire service to, approved
6/5
Statement showing ownership of bonds by, read; agreed
to have Gov. bring to attantian of Asst. Sec.
Leffingwell
5/1
Telegram from FRAgent Perrin as to power of, to examine
non-member banks with clearing accounts; Mr.
Miller authorized to mire Board's doubt of legality
of plan
1/16
Telegraphic service;
Letter from Gov. McDougal re private service
be
FRBanks; read and noted
4/8
Private wire service between PRBanks and Treasury;
Letter from Asst. Sec. of Treasury
Leffingwell re,
5/6
465
445
:::17
213
218
335
474
582
581-.8g
1037
993
720
69
592
748
Page
F. R. Banks:
Tentative allotment to each of, of ITRBank notes
4/23
to be issued under 2ittman 3il1, approved
F. R. Board:
Conference of, with com't of State Superintendents
5/29
of Banking, and minutes of sumo,
by
Dept.
suggested
covenant
Contracts of; form of
of Justice ordered incorporated in Bo;trd's
6/27
contracts in future
5/20
Council
Advisory
Federal
with
of,
Joint meeting
5/21
Joint meoting of, with Federal Advisory Council
same,3/1
of
minutes
and
FRAgents,
with
Joint meeting of,
Loaning of safe belonging to, to Comptroller of
3/23
Currency; statement by Gov. Harding ro,
2/27
Treasury
of
Secretary
of
office
in
of,
Ueeting
26th.,
Feb.
411Agents,
with
of,
meeting
for
Programme
considered, and topics for consideration
2/7
tentativoly agreed upon
Delano;
Ur.
by
raised
of,
meeting
of
time
, uostion re
5/17
acted upon
Resolution by, expressive of regret at proposed
6/25
resignation of Mr. Delano
Resolution by Ur. Hamlin against members of, quoting
publicly opinions of one another on matters not
formally passed by Board; ref. to executive com't
6/20
for report
by
change
Approved for action without
6/22
executive committee
6/25
Approved by Board
of;
Somi-annual assessment an FHBanks for support
6/20
resolution levying, adopted
City
Kansas
of
Special meeting of, with delegation
district bankers, and discussion re exchange
5/13
and collection conditions
6/14
Time of meeting, determined upon
Federal Reserve Bulletin:
Announcement for publication in, re ostablishmont
6/5
of system of business indices, approved
chief
each
to
sent
ordered
3ound copy of, for 1917,
5/6
national bank examiner
handling
to
reference
especial
with
of,
Discussion
3/27
of final proof
examdned;
and
submitted
number,
April
of
proof
Final
4/4
ordered sent to final print
Galley proof of June issue of, presented, and page
6/1
proof of issue ordered
Motion that statements by Comptroller or other members
of Board as to guaranty of bank deposits, if approved for publication, be published in Bulletin,
6/27
approved
675-76
947-954
1154
860-866
878-889
323-357
487
313
180
840
1138
1091
1112
1139
1092-93
801-6
1048
993
750
516
563
972
1151-52
Page
F. R. Bulletin:
Page proof of June issue of, presented
6/5
'llestion of publishing organization chart for
FRBanks in, referred
4/12
Question of publishing resolutions passed by
Advisory Council at recent meeting in,rer.
5/24
Request from L.
Gammon re publication in, of
numbers of stolen or lost Liberty Bonds
5/20
Resolutions of Board re guaranty of bank deposits,
with proposed statement of Gov. re position
taken by him as to, ordered published in July
Bulletin
6/27
H. Districts:
Status of eligible banks in; memo. of Counsel re obtaininL; more data as to, read and ref. to com't 3/13
2. R. 2oreign Bank:
Establishment of; letter from President Hinsch of
American Bankers' Association re, ref. to Gov.
for reply
3/28
F. R. Notes:
Attention of Board called to facts re shipment of,
through error, by Div. of Issue to Cleveland
instead of Pittsburgh
6/3
Correspondence re losses of, or parts thereof, ref.
to Asst. Counsel
6/14
Delano, 2. A., designated to sign requisitions upon
the Comptroller for delivery and shipment of,
under Board's order of Dec. 12th., 1917
6/18
Early preparation of ';'5 notes for San 2rancisco;
letter from ksst.
Agent Elliott re, read
6/14
Exchange of, against gold, discussed at meeting of
Agents with Board
3/1
Holding and endorsement of collateral against; letter
from FRAgent Heath, and opinion of Counsel,re,
read
3/8
Letter from Comptroller's office re present situation
as to, noted
6/14
Letter from Gov. Van Zandt ro pledge of collateral
protecting, noted
1/21
Loss of 1400 in, sent to Denver brLnch; letter from
FRAgent Ramsay re, ref. to Gov. for discussion
with Comptroller
2/15
Memo. of Mr. Buoll re redemption of mutilated, and
opinion of Counsel re, read and ref. to com't
4/10
Memo. of Counsel re question of redeeming notes impossible of identification, adopted; ordered
communicated to Div. of Issue
5/1
Order in which 'renters shall sign requisitions upon
the Comptroller for delivery and shipment of, in
absence of Gov. and Vice Gov. of Board
6/18
996
609
910
869
1150-51
431
523
984
1050
1075
1048
340-43
'
407
1048
92
229
602
720
1075
XCIX
Page
F. R. Notes:
Preparation and issue of; motion to ask Comptroller
to take all possible measures to hasten; passed 6/14
question of paying for macerator and dynamo for use
of Comptroller in macerating F. R. notes;ref.
4/12
to committee
be
notes
R.
F.
that
Request from FRAgent Perrin
made interchangeable at sub-treasuries with
6/28
F. R. Bank notes; proper orders issued
from
letter
Francisco;
San
at
Scantiness of supply
6/27
Asst. FRAgent Elliott re,
FRAgent
Asst.
from
letter
Supply at San Francisco;
6/28
Elliott re,
interof,
making
re
Perrin
Telegram from FRAgent
changeable with MBank notes; ref. to Gov, for
6/27
discussion with Treasury authorities
F. R. System:
Correspondence with Citizens Bank and Trust Co. of
Athens, Ga. re proposed membership in; letter
2/6
of reply approved for transmission
connection
re
Idaho
of
Hitt
Commissioner
Letter from
6/10
with,
Fiduciary Powers:
Applications for, approved
4/22
American National Bank of St. Joseph, Mo.
5/31
Atglen *National Bank, Atglen, Pa.
2/9
Bennington Co. National Bank, Bennington, Vt.
5/31
Blackstone National Bank, Uxbridge, Mass.
2/1
Boulder National Bank of Boulder, Colo.
3/27
Central National Bank, Tulsa, Oklahoma
Citizens National Bank of Dickson, Tenn.,
2/27
granted for one transaction
6/25
Citizens National Bank of Dickson, Tenn.
5/31
Citizens National Bank, El Dorado, Ark.
1/28
City National Bank, Berlin, N. H.
4/1
City National Bank, Selma, Alabama
Commercial National Bank, Great Falls, Y,ontreal 2/9
1/23
Commercial National Bank of High Point, N. C.
2/9
,
Kansas
Commercial National Bank, Independence
4/15
Va.
Reedville,
Commonwealth Nat. Bank,
2/9
Exchange National Bank of Uuskogee, Okla.
4/29
Edinburg,
of
Bank
National
Ind.
Farmers
2/20
Farmers National Bank of Pond Creek, Okla.
6/10
Texas
Amarillo,
Bank,
National
First
6/27
First National Bank, Barron, Wis.
3/27
First National Bank, Cameron, Uo.
1/23
First National Bank of Canton, Miss.
2/9
First National Bank of Carlisle, Ind.
3/29
First National Bank, Dana, Indiana
1048
609
1168-69
1158
1168
1158
175
1020-21
667
964
188
964
153
519
305
1141
964
128
543
188
103
189
633
188
709
269
1024
1161
519
103
188
533
Page
Fiduciary Powers:
Applications for, approved
First National Bank of Danville, Pa.
188
2/9
First National Bank of De Funiak, Flori
da
4/1
543
First National Bank of Dublin, Ind.
2/9
188
First National Bank, Englewood, Colo.
4/22
7
00
6
16
First National Bank, Englewood, Ill.
6/10
First National Bank of Forman, North Dakot
a
823
5/15
First National Bank of Greenville, Miss.
1/4
18
First National Bank, Harrisonburg, Va.
31
First National Bank of Hillsdale, Mich.
93
/2
2/
0
6
First National Bank of Jefferson City, Mo.
556
4/3
First National Bank of Joliet, Ill.; granted
powers upon recommendation of Counsel
1063-64
6/17
First National Bank of Marshalltown, Iowa
305
2/27
First National Bank, Murphysboro, Ill.
19326061435961
6/27
54
First National Bank of Newcastle, Ind.
2/27
First National Bank, Paducah, Ky.
5/31
First National Bank of Paris, Ky.
2/20
First National Bank, Pruneville, Oregon
4/1
First National Bank, Roswell, New Mexico
543
4/1
First National Bank, Troy,
First National Bank, York, Ka
S. C. nnas1:1
First National Exchange Bank, Port Huron,Mich
. I
7
9-64
Fort Worth National Bank, Fort Worth, Texas
4/22
667
Fourth National Bank, Greenville, J. C.
6/25
German American National Bank, Arlington, Iowa
1/28
12
18
41
Home National Bank, Thorntowm, Ind.
128
1/28
La Salle National Bank, La Salle, Ill.
1052
6/14
Madison National Bank, Madison, West
Va.
3/29
533
Mechanics Nat. Bank, Omaha, Neb.
2/9
188
Merchants National Bank of Billings,
Mont.
103
1/23
Montana National Bank of Billings, Mont.
994
6/5
National Bank of Bellows Falls, Vt.
1/21
92
National Bank of Commerce of Shawnee, Okla.
5/8
766
National Bank of Decatur, Illinois
1141
6/25
National Bank of Owensboro, Ky.
2/9
188
National City Bank, Seattle, "Washington
4/15
633
Northern National Bank, Tolpdo, Ohio
5/31
964
Peoples National Bank of Pittsburgh,
Pa.
434
3/13
Peoples National Bank, Rocky Mount,
Va.
543
4/1
San Miguel National Bank of Las Vegas, N. Mex.
2/11
204
Second National Bank, Titusville, Pa.
232
2/15
Shoshone National Bank, Cody, Wyoming
2/9
168
South Bethlehem Nat. Bank, South Bethlehem,Pa.
5/24
909
Stock Growers National Bank, Cheyenne,Wyoming
964
5/31
Third National Bank, St. Louis, Mo.
1/28
128
Third National Bank, Walla Walla, Wash.
6/10
1024
Union Commerce National Bank, Cleveland
4/5
575
CI
Page
Fiduciary Powers:
Applications for, approved
3/29
Union National Bank, Frenchtown, N. J.
4/1
Washington National Bank, Washington, Iowa
2/27
West Baden National Bank, West Baden, Ind.
4/15
Wyoming Nat. Bank, Casper, Wyoming
Applications for, action deferred
2/20
Stockmen's Nat. Bank of Hardin, Mont.
Applications for, held
4/29
Citizens National Bank of Boulder, Colorado
2/9
Commercial Nat. Bank, Great Falls, Mont.
Curaberland Valley National Bank of Nashville,
4/22
Tenn.
5/13
First National Bank of Amherst, Nebraska
6/10
First National Bank, VanamiA,c, Ind.
6/10
Muskogee National Bank, Muskogee, Oklahoma
U. S. National Bank, held for more information, 1/25
Applications for,refused
4/1
Citizens National BAnk, WirAman, Indiana
6/25
First National Bank, Farmland, Ind.
4/1
Montana
Plentywood,
First National Bank,
4/1
First National Bank, Vermillion, S. C.
4/1
Pasadena,
Cal.
of
National Bank
Applications for, suspended
4/1
Astoria National Bank, Astoria, Oregon
4/1
Citizens National Bank, Hampton, Va.
6/25
Citizens National Bank, Royal, Iowa
6/25
Commercial National Bank, Great Falls, Mont.
4/1
Farmers National Bank, Ponca City, Okla
6/25
Farmers National Bank, Ponca city, Okla.
6/27
Federal National Bank, Norfolk, Va.
6/25
First National Bank, Brookings, S. D.
6/25
First National Bank, Callispel, Mont.
6/14
First National Bank of Douglas, Arizona
6/25
2irst National Bank, Elwood, Ind.
4/5
First National Bank, Fayetteville, Ark.
6/25
First National Bank, Fayetteville, Ark.
6/25
First National Bank, Hagerman, New Mexico
3/8
First National Bank of Jefferson City, Mo.
4/1
First National Bank, Marietta, Ga.
4/1
First National Bank, Medford, Oregon
4/1
First National Bank, Pullman, Washington
4/5
First National Bank, Whitehall, Montana
4/1
First National Bank, York, S. 0.
Fourth National Bank, Greenville, J. C.
. 4/1
4/5
Montana National Bank, Billings, Montana
4/15
National Bank of Commerce, Shawnee, Oklahoma
6/25
Peoples National Bank, Barre, Vt.
533
543
305
633
269
709
188
667
800
1023
1023
115
544
1141
544
544
544
544
544
1141
1141
544
1141
1161
1141
1141
1052
1141
575
1141
1141
407
544
544
543
575
544
543
575
633
1141
CII
page
Fiduciary Powers:
Applications for, temporarily withheld
Citizens National Bank, Dickson, Tenn.
2/15
First National Bank of Farmland, Ind.
2/27
First National Bank of Milford, Del.
2/25
First National Bank of Tracy City, Tenn.
3/1
First National Bank of New York, application of,
for powers as registrar; memo, and file re,
considered; ref. back to committee
5/17
Hanover National Bank of New York; memo. of Counsel
re action of, as registrar, to bo referred to
Consulting Counsel
6/17
In Montana; informal opinion of Counsel re, approved
for transmission to FRAgent Rich
2/15
Memo. of Counsel re, for Illinois banks, apropos of
application of Nat. Bank of Decatur; approved 1/23
Recommendation of Secretary that entries in minute book
re, be segregated in a separate book,approved
6/7
FirAncial Aspects of the War:
Letter from Prof. Adolph Cohn asking for material re;
Sec, directed to supply any data available
5/8
Financial Conditions in Russia:
Dispatch from Consul Poole at Moscow re, noted
6/3
Financial Situation:
Attention called, by Gov. Harding, to a resolution
of the Board adopted Dec. 8, 1917, re general
financial situation; discussed
2/11
Financing Cotton:
See Cotton Financing
Financing of Cuban Sugar Crap:
Draft of Syndicate agreement re, transmitted. by J.P.
Curtis, ordered ref. to comIt
2/18
Letter from Herbert Hoover re, discussed; ref. to
executive com't with power
2/12
Letters from Sec. of Treasury McAdoo and Sec. of
State Lansing re, entered in minutes
2/13
Financing of Grain Crop:
Telegram from Gov. Wold of Minneapolis re location
of financing of coming crop
6/22
Financing of Sugar Crap:
Cuban Sugar: See Financing of Cuban Sugar Crop
Report by Mr. Warburg of conversation with representatives
of sugar producers re, on acceptance basis
2/6
Financing of Sugar Paper:
Hearing granted Mr. Merchant, President of National
. Bank of Cuba, re,
2/12
Financing of Wbol Crop:
Report and memo. of Mr. Warburg re situation as to discounting of paper intended for; voted that FRBank
of Chicago be asked to ascertain if small banking
syndicate cannot be organized for purpose of
5/22
managing,
232
305
287
365
839
1061.°6$
232
101
1006
772'43
981
204
252
2061
220-0
1115
176
212
894
First National Bank of Albuquerque, New Mexico:
3/4
Letter from Gov. Van Zandt re status of, noted
First National Bank of Amarillo, Texas:
Adverse report by Gov. Harding re application of,for
power to act as agent is securing rediscounts;
agreed to discuss at conference of Govs. on
3/20
March 22nd.
securing
in
agent
as
act
to
Application of, for power
rediscounts, forwarded by FRAgent Ramsey; ref.
3/18
to Gov. for report
designation
of,
as
re
Ramsey
Letter from FRAgent
agent for nan-member banks in discounting;
voted to ask for banks represented before taking
2/8
action
declining
Ramsey
FRAgent
to
Harding
Letter from Gov.
application of, for power to act as agent of nonemember banks asking for rediscounts, approved,
3/23
and application accordingly declined
Birmingham,
of
Alabama:
Bank
First National
Letter from President Wolls of, re organization of
proposed branch at Birmingham, read & discussed 3/18
First National Bank of Boston:
Application of, for permission to subscribe for stock
in First National Corporation, and opinion of
4/15
Counsel re, read; approved
of
Letter from, presented by Mr. Warburg, re paper
5/31
First National Corporation
Telegram from, re delays due to censorship, in
1/4
delivery of shipping documents
First National Bank of Eagle Bend, Minn.
Results of inquiry made by Dept. of Justice into
certain activities of, presented; documents
4/24
noted and ordered circulated
First National Bank of Eagle Pass, Texas:
Letter from, re alloged smuggling of gold across
3/13
border, acted upon
First National Bank of Galveston, Texas:
1/11
Reduction of capital stock of, approved
Tenn.
First National Beak of Nashville,
Purchase by, of bonds; letter from Gov. Lynch re,
4/15
read and ordered circulated.
York:
New
of
Bank
National
First
Application of, for powers as registrar; memo. and
5/17
file re, considered; ref. back to com't
First National Bank of Utica:
Permission to invest in stock of American FOreign
1/23
Banking Corporation, granted
First National Bank of Van Buren, Mo.
Letter from, referred by War Trade Board, re shipments
1/23
of currency to Canada; ref. to Boston MBank
Page
386
474
464
172
485
463
629-30
965-66
11
682
432-33
46
632
839
102
97
CIV
First National Corporation, of Boston, Ms.
Application of First National Bank of Boston for
permission to subscribe for stock in, and opinion
of Counsel re, read; approved
4/15
Attention of Board called to announcement of,
5/29
First State Bank of Gresham, Oregon:
Letter from, read; ref. to com't and Gov. to reply 1/25
Fiscal Agency Functions:
Exercise of, at branches; ordered made topic for
coming meeting of
Agents
2/9
Fiscal Agent, F. R. Board:
Acting:
Appointment and bonding of; report of com't re,
read and ref. to Gov. with power
3/4
Bond of; report of cam't re, approved
3/15
Imlay, William, appointment as, from April 1st.
to 30th" at 450 additional compensation,
approved
3/27
Imlay, William M., appointment as, up to May 15th.,
at present rate of compensation, approved 4/29
Appointment of; question re, discussed and ref. to
com't with power
5/15
Bond; committee #3 requested to report upon change
in farm of, to cover both Fiscal Agent and
Acting Fiscal Agent
2/18
Bonding; question of, as result of telegram from
Asst. Sea. Allen re signature of checks for
payroll, ref. to Gov. for consultation with
Counsel
2/13
Imlay, W. IS., appointment as, at $50 per month,
approved
5/17
Matter of, referred to coundttee an Staff
4/12
Willis, H. P., Soc. of Board, authority to act as,
granted.
2/11
Willis, H. P., authority to act as Fiscal Agent
revoked upon his request
2/18
Fiscal Agents, F. R. Banks:
Acting:
Ramsay, Asa E., designation as, ordered
terminated
1/11
Letter from FRAgent Perrin of San Francisco reporting deficiency of 02,400 in Fiscal Agent's rept.2A
Fletcher, H. P., Ambassador to Mexico:
Copy of proposed telegram to, re best plan of
disposing of applications for permission to
ship gold to Mexico,read and approved
3/20
CV
Page
Fletcher, H. P., Ambassador to Mexico:
Letter from, asking that 4,000 in gold be sent to
2/15
Mexico, read and granted
with
dealing
for
plan
of
disapproving
from,
Telegram
gold experts to Mexico suggested in recent
,
3/27
communications, noted
Fletcher Savings and Trust Co., Indianapolis:
6/12
Letter from FRAgent Heath re membership of,
Fletcher, Wilson, an Staff of F. R. Board:
4/24
Assigned exclusively to mimeograph work
Florsheim, Milton, letter from, re use of Liberty Bonds
in remittances, read; Sec. directed to transmit
statement on subject issued by Sea. of Treasury 3/27
Florsheim Shoe Co, of Chicago:
Letter from, re reported plan to make single-name
3/11
paper ineligible at FRBanks, read and noted
Foley, H. J., letter from, re purchasing power of the
4/29
dollar
Forbes, Allan, informally agreed that Mr. Warburg present
name of, to Jec. of Treasury, to act as chief adviser
1/17
of Capital Issues
Foreign Exchange:
Dealers in; publication of instructions to, ordered
by Board, Gov. to decide as to mode of
1/30
publication
Order
Executive
proposed
stating
Letter from Counsel
of the President regulating, is ready for publica1/29
tion; publication authorized
re
whole
Treasury
of
Sec.
to
Harding
Gov.
from
Letter
2/20
question of, approved for transmission
administering
of
expense
of
payment
re
Counsel
of
Memo.
Foreign Exchange regulations of Board; ref. to
1/9
Mr. Kent for estimate
Memo. of Counsel re proposed regulations re, with
copies of regulations; tabled until next
1/9
meeting
Foreign Exchange Bank:
5/29
Draft of letter to the President prepared by Gov.
Harding re an allied foreign exchange bank;noted
question of establishment of an inter-allied; memo.
of Mr. Warburg re, presented; noted as express5/29
ing views of Board
Foreign Rwthange Bill:
Conference between Board and Senator R. L. Owen re
2/11
proposed, set for Feb. 14th.
Foreign Exchange Branches:
1/23
Letter from Rep. Hayes re clerical places in,noted
226
513
1034
683
515
421
708
75
141
132
266-67
34
33
946
941
203
103
CVI
Foreign Exchange Instructions:
Statement re, for issue to the press, read and authorized
for issue
2/7
Foreign Exchange Operations:
Letter from RBank of Boston re use of franks in; ref.
to Post Office Dept.
4/11
Foreign Rynhange Profits:
Agreed that Comptroller request statement of, made at
branches of Irving:Nat. Bank of New York
5/6
Agreed that Comptroller request statement of, made
at branches of Phila. Nat. bank
5/6
Agreed to request statement of, made at branches of
Bankers Trust Co.
5/6
Agreed to request statement of, made at branches of
Guaranty Trust Co.
5/6
Mr. Kent instructed to send to banks a form of
inquiry re,
6/22
Secretary directed to ask Mr. Kent to furnish Board
with form of inquiry re,submitted to eastern
banks
6/10
Statement by Comptroller that he had called for
statement of, made at branches of Nat. City
Bank
5/6
Foreign TlYlhange Situation:
Letter from Lusher & Co. re, especially with reference
to Spain and Scandinavian countries
2/1
Recent speech by Senator Owen ro, discussed; situation
as affecting Board referred to executive com't
for preparation of memorandum
5/3
Foreign Trade Banking Corporation:
Letter from J. F. Curtis re, and operations of Max
May, presented and ordered circulated
6/5
Forgan, J. B.
Letter from, announcing meeting of Federal Advisory
Council on May 20-21, read
4/29
Letter from, re reserves graduated on basis of
different classes of deposits, noted
1/21
Form Letters:
Form letter submitted by Counsel for replying to
inquirers submitting hypothetical questions;
approved
1/9
Fourth National Bank of Nashville, Tenn.
Purchase by, of bonds; letter from Gov. Lynch re,
read and ordered circulated
4/15
Franchise Tax:
Sending of instructions re, to RBanks In position
to pay immediately amount due Govt. for,
approved
1/4
180
607
751
75/
751
751
1110
1023
751
146
738
991
708
92-'93
34
633
12
CVII
Page
Franking Privilege:
5/1
Telegram from Gov. McCord of Atlanta re use of,
Clearing
House:
Frew, W. E., President, N. Y.
Draft of letter to, authorized at executive meeting
of March 16th., presented, discussed, and
3/18
approved for transmission
cities
other
in
rates
interest
re
from,
Telegram
3/27
than New York, presented
Friday, David A., designation as "Special Statistician",
3/11
approved
Gallien, E. T., letter from, transmitting resolutions re
6/27
service of P. M. Warburg an Board
Gammon, L. W., request of, for publication of numbers of
5/20
lost or stolen Liberty Bonds in F. R. Bulletin
Garrett, T. G., of Nashville Clearing House:
Letter from, re rates to be fixed for paper secured
1/25
by Liberty Bonds
•
Gasoline Fuel in Automobile Operation:
4/26
Memo. of Mr. Delano re economy of, read and noted
Georgia National Bank:
Letter from, re amendment of Section 5200 R. S.;
6/27
ref. to Counsel for report
German Exchange:
3/11
Letter from Monsieur Booleman of Rotterdam re,
Gidney, R. U., FRBank of New York:
1/30
Letter from FRAgent Jay re salary of,
be
York
New
of
Letter from, asking that FRBank
permitted to dhow purchases of bonds and
certificates from members, separately, on
4/12
Form 31, read; permission granted
in
participate
bonuses,
to
Question of allowing
2/1
referred to Counsel
apat
of,
41,4,500,
salary
re
Report of committee
2A
proved
2/4
approved
Salary at :4,500,
Gold:
Abraded:
Letter from FRAgent Perrin re absorption of
2/13
loss an, noted
Letter from FRAgent Perrin re policy of FRBank
2/20
of San Promise° re, noted
Letter from FRAgent Perrin re treatment of, at
FRBank of San Francisco; ordered circulat1/28
ed
Telegram from FRAgent Perrin stating FRBank of
San Francisco had had opportunity to ac3/23
quire considerable volume of,
Conservation of, by Treasury; memo. of Mr. Warburg
re, ordered sent, with confidential letter, to
2/25
each MBank
720
461-62
516
421-22
1155
869
112
694
1155
417
141
609
152
151
162
214
267
126
486
284
Gold:
Deposits of, by the Treasury, in FRBanks; letter
from Asst. Secretary Leffingwell re, noted
6/10
Division of post-war gold obligations among RBanks;
letter from Gov. Strong re,
6/28
Earmarking of,
Letter from J. P. Horgan 8: Co. re, for Bank of
France, read and earmarking ordered
3/7
Lotter from Musher & Co. re, in New York, and
considered by Gold Export committeo,read;
reply approved
5/29
Withdrawal of license for, in favor of Equitable
Trust Co. on behalf of :usher & Co., ap6/3
proved, if not availed of within stated period
Embargo; letter from Secretary of State transmitting
Havana newspapers containing notices of, submitted for Information
2/15
Exchange of F. R. notes against, discussed at meeting
of FRAgents with Board
3/1
Exports:
Charge d'Affaires at Caracas, request from, in
favor of sonding ,200,000 to National City
Branch Bank of Caracas
1/18
Communication from Secretary of State transmitting telegram from Collector Cobb re,
1/18
Dental; Board's reply to Congressman Lonergan
re gold payments in exchange for,
1/8
Dental; letter from ".iilliams Gold Co. presented,
and general question of, considered; Jar
Trade Board to be advised to release all
shipments now applied for,
2/5
Division of post-war gold export obligations
among FRBanks; letter from Gov. Strong re;
question ordered discussed at conference
of Goys., July 1st.
6/27
Lotter from Mr. Strauss transmitting suggestions
to Mexican Commissioners re elT)ortation of 2/9
,A0,000,000 gold, read; ordered distributed
Letter from Eiuitable Trust Co. concerning, when
gold is imported from various countrios
for refining and return, noted
1/18
Letter from Gen. McIntyre to Mr. Strauss stating
noed of ci500,000 gold in Manila, discussed;
no action
1/28
Letter from Phelps Dodge Corporation to O. H.
Bates ro supplying gold for export by 2RBanks,
read; ref. to Jr.L
Warburg with pomr
2/1
Letter from U. S. Smolting & Refining Co. of
Boston, re their oxports under License 934
to ',lexica noted
1/16
1023.
1169
402
943
964
228
340,,411
77
82
30
166
1166
192
76
122
161
64
OIX
Page
Gold:
Exports:
Letter from dar Trade Board re erroneous statement in War Trade Journal re applications
1/22
for exportation of dental gold; noted
applitabled
and
List of declined, suspended
cations for export, prepared for Senator
3/25
Owen, approved
7,
Sept.
since
for,
granted
List of licenses
1917, ordered transmitted to Secretary
2/25
of Treasury
Texas;
Brownsville,
of
Bank
National
Merchants
request of, through Rep. Garner, for
permission to export gold to Mexico for
payment of duty on herd cattle to be ex1/28
ported; granted
of
State
Secretary
of
memo.
situation;
Mexican
re, with telegram from Collector of Customs,
El Paso, Texas; Gov. to ask Solicitor Polk
1/15
if action by Board is desired
'lusher & Co.; request by Board that Gold Export
committee prepare and submit report re appli3/11
cation of, to export gold to Spain
Pompeian Oil Co.; presentation by Gov. Harding
of documents re application of, to export
2/20
gold to Spain
re
from,
letter
S. 3. White Dental Mfg. Co.,
1/28
export of dental gold
for,
Navy
of
Secretary
To Chile; request from
in behalf of Du Pont Nitrate Co. for payment
1/16
of export duties, approved
Fletcher
Ambassador
from
tor
lot
To Mexico;
9/15
requesting 41,000 gold, granted
stating
Polk
Frank
Hon.
from
letter
To Mexico;
attitude of State Dept. re, read and noted 2/7
To Mexico; letter to Secretary of Treasury re
situation as to, under present policy of
3/26
State Dept., authorized
3/8
To Mexico; memo. by Mr. Strauss re, read
To Mexico; permission granted Huasteca Petroleum
Co. to export 4112,000 gold for use in
6/25
Tampico Oil District
To Mexico; telegram from Ambassador Fletcher disapproving plan for dealing with, suggested
3/27
in recant communications, noted
imported
To Mexico, to pay duty an Mexican cattle
into the United States; hearing of Senator
Smith of Arizona before executive com't re, 3/26
95
503-4
289
122
63
421
266-67
121
64-65
226
177
509
403
1125-26
513
508
CX
Page
Gold:
Exports:
To Spain; communication from Secretary Tumulty,
for the President, re application of lalsher
& Co.; license granted
4/15
To Spain; correspondence with Musher & Co. and
with Gov. Strong re; letter authorized for
transmission to Husher & Co.
5/22
To Venezuela; Bermudez Asphalt Co. granted
permission to export ,.310,000 gold coin
3/1
To Venezuela; draft of letter to President
Pease of Canadian Bankers' Association re,
presented and approved for transmission
2/13
Williams Gold Refining Co.; letter from, in re
export of dental gold to Cuba; referred to
War Trade Board
1/21
Williams Gold Refining Co., letter from, re
dental gold export trade
2/1
Guaranty Trust Co. of New York; letter from, re
transferring an earmarked gold deposit in
London from British bank to London office
of said company; approved
3/7
In local banks; letter from RAgent Heath re,noted
6/10
Letter from Asst. FRAgent Elliott of San Francisco
re gold production
6/27
Letter from Commercial Bank of Spanish America, Ltd.,
N. Y., re application to deposit with FRBank
0.25,000 gold for Peruvian Govt.; Board
favorable
2/1
Letter from riusher & Co. re transfer of, to London
at par
6/5
Letter to FRAgent Perrin re question of returning to
State banks deposited gold left with FRBank of
San Francisco; approved for transmission
6/17
List of declined, suspended and tabled applications
for exportation of, prepared for Senator Owen;
approved
3/25
Mexican Govt. reluirements; report by Mr. Strauss
of conference with Ambassador Fletcher and
Financial Secretary Nieto re,
1/30
illusher & Co.; memo. re application of, to transfer
gold to Spain; Secretary of Board to notify
of declination of application by Board
3/20
'.uestion of accepting, from FRBanks, subject to
promise of return under certain conditions;
letter from FRAgent Perrin re,
6/12
Reventish, A. H., letter from, to Chief of Secret
Service, re gold smuggled into Mexico, read
and noted
4/11
631-54
896
366-61
217
85-86
145
401
iozo
1154
145
994
1059
503A
136
4713-14
1031
606
OKI
Page
Gold:
Shipments of,
Between Alaska and San Francisco; letter from
6/20
Gov. Lynch re cost of,
Columbia to Chile; letter from Equitable Trust
Co. asking permission to make; shipment
3/7
authorized
2/9
Dental; letter from War Trade Board re, noted
From Canada to Colombia; mem. of Mr. Strauss
re, referred back to him for further informa2/12
tion
Royal
Montreal to Caracas; correspondence with
Bank of Canada re shipments of gold in bond;
3/7
shipments approved
Russia to Sweden; letter from Dept. of Justice
re shipment of six tons ingot gold by
4/18
Lenine and Trotsky, noted
re
State
To Bolivia; letter from Dept. of
1/31
proposed; application ordered declined
Fleet;
memo.
Pacific
-chief,
To Commander-in
from Navy Dept. re, filed with executive
2/11
committee
To Manila from Honolulu; letter from Dept. of
2/18
Justice re, referred to Mr. Strauss
To Mexican border; letter from FRBank of Dallas
2/11
re, noted
To Mexico; copy of proposed telegram to Ambassador
Fletcher re best plan for disposing of appli3/20
cations for permission to, approved
To Mexico; hearing granted Col. M. M. Parker and
representative of Greene Cananea Co. of Jan.
1/4
4th. re,
2/12
To Mexico; letter from Counsellor Polk re,
To Mexico; letter from FRBank of Atlanta transmitting circular letter prernred and sent
3/19
out by them re, noted
To Mexico; letter from FRBank of New York enclosing report of American Metal Co. re
2/11
use of, noted
Francisco
To Mexico; letter from FRBank of San
re, from Concordia Plantation and Annexes,
read; Secretary ordered to wire San Francisco
4/11
to inquire
of
Gov.
to
State
Secretary
from
To Mexico; letter
2/2
Harding re, read and noted
To Mexico; memo. of proposed arrangement between
the Treasury and Mexican Govt. as to,
2/1
presented; ordered circulated
1087
401
192
207
401
647
143
198
240
194
474
9
206
468
194
606
154
153
Gold:
Shipments of,
To Peru; memo. of Mr. Strauss re, read and discussed
4/8
To Philippines from Hawaii; question raised by Mr.
Strauss re; agreed to write to banks in
Hawaii asking cooperation
2/20
To Spain; letter from Tar Trade Board, transmitting
copy of paraphrase of cablegram from State
Dept. re; referred to Mr. Strauss
3/19
To Venezuela; letter from President Neilson of
Mercantile Overseas Corporation re, ordered
circulated March 14th., noted
3/19
To Venezuela; letter from Royal Bank of Uanada re,
replying to Gov. Harding; copy ordered sent
to National City Bank and Mercantile Bank of
the Americas
2/21
Unused balances; letter from Secretary of State re,
on licenses authorizing shipment to Mexico
(with copy of telegram from Collector Cobb, El
1/16
Paso); voted to revoke authority given Jan. 11th.
Shipped in bond; letter from Secret Service re, read
and. noted by Gold Export committee
6/28
Smuggling across border:
Letter from First Nat. Bank of Eagle Pass, Texas,
re alleged, presented and acted upon,
3/13
Matter of, called to attention of Secret Service
3/13
Transfer of, to London at par; letters from Musher &
Co. requesting, discussed and referred
5/31
Travellers' allowance:
Ordered that captains of vessels not be allowed;
customs to be advised. accordingly
1/31
Reduction in amount of, recommended by Gold Export
committee at meting of March 28th.,approved
3/29
Trust funds held by Treasury for Gold Settlement account;
letter from Gov. Strang re status of, with opinion of
Counsel re proposed amendment to Act; referred to
committee
2/6
Withdrawals of, by Gerrans in Philadelphia; letter
from Col. Van Doman re, read and referred to Gov.
for transmission to FEBank of Philadelphia
3/15
Gold Certificates:
Memo. of Counsel re use of fac-similes of, eta., and
suggesting undesirability of so doing, read;
Gov. requested to reply accordingly
4/8
Gold Mining in Callfarnia;
Statement, by Mr. Miller re difficult status of,
4/26
psge
589
266
488
468
274
85
1161
43
'
2 35
435
961
144
553
174
449
59200
691
al
Page
Gold Settlement Account:
Letter from Gov.Strong re status of trust funds
held by Treasury for, with opinion of Counsel
2/6
re proposed amendment to Act; ref. to com't
Gold Settlement Fund:
Memo. of Statistician re signatures to telegrams
5/31
making transfers in; approved
Gold Settlement Plan:
Report of aom't reaommending institution of a daily;
6/7
ref. to executive com't with power
institution
favoring
committee
Report of executive
6/17
of a daily, approved
Gold Transfers:
uestion presented by Gov. Harding re report of, in
2/4
Weekly Statement, acted upon
Sigmund
Rheinstrom:
vs.
Goldman, Sachs & Co.
Correspondence with President Hinsch of American
Bankers' Association re pending case oforesented
6/17
and noted
Government Depositories:
Banks of England and France; communication from Asst.
Sec. Leffingwell re designation of, as Govt.
2/11
depositories; noted
Government Loan Situation:
General discussion re, resulting from letter from Gov.
Seay re large advances to member banks being made
2/11
on paper secured by Liberty Bonds
See Conference of Governors:
Governors:
Grain Crop:
Confidential telegram from Gov. Vold re location of
6/22
financing of coming crop
Grand Rapids National City Bank:
Permission to invest in stock of American Foreign
3/11
Banking Corporation, granted
Guaranty of Bank Deposits:
Draft of proposed letter to Banking & Currency Com't
of Congress re Comptroller's recommendation re,
1/30
discussed; ordered redrafted
6/20
General discussion re,
General discussion re; letter from Comptroller to
1.1r. Delano, read; methods of protecting
6/7
creditors of failed banks considered
Letter from Comptroller re attitude of Gov. re, also
reply of Gov. to Comptroller, read and ordered
6/25
filed
Letter from Comptroller to Gov. Harding re conversa6/25
tions as to, read and discussed
174
962
1004
1063
164
1061
200
203
1113
420
137
1089
1003-4
1127
1133
Page
Guaranty of Bank Deposits:
Letter from FRAgent Jay with copy of letter to Secretary
McAdoo re pending bill for; ordered circulated 6/17
Letter from FRAeent Wills in re legislation providing
for,
5/13
Letter from FRAgent Wills re effect of, ref. to
Comptroller
5/2I
Letter from P. R. Farnsworth of American Bankers'
Association transmitting resolutions re bill to
provide for, discussed
5/17
Letter from Gov. Lynch re opposition to,
6/12
Letter from Robertson Banking Co. inquiring as to
Board's position re,
6/27
Letter from W. L. Boss to Sec. of Treasury re; ref.to
Comptroller
5/22
Memo. read by Comptroller re; discussed
5/24
Motion that statements as to, by Comptroller or other
members of Board, if approved for publication by
Board, be published in Bulletin; approved
6/27
Pending bill for, deemed unwise by Board; Gov.
authorized to so notify Secretary of Treasury and
state plan preferred by Board
5/17
Preparation of report by executive committee as to why
inexpedient at this time and wrong in principle,
authorized by majority vote of Board
6/17
Ruestion of adopting resolutions . stating position of
Board re, laid before executive committee by
Gov.; memoranda designed to form basis for
form of report, read and discussed
6/21
Resolutions adopted by executive committee re, presented
and discussed; action deferred until meeting of
June 25th.
6/22
Resolutions in re, previously reported by executive
committee, presented and adopted
6/25
Resolutions re, adopted June 25th., re-read and Mr.
Delano permitted to record vote in favor of,
6/27
Resolutions re, passed by Board, together with proposed
statement by Gov. re his position as to, ordered
published in July Bulletin
6/27
Statements by Gov. Harding and. Mr. Hamlin acknowledging
themselves as the two members of Board mentioned in
Comptroller's circular of June 5th. as individually
approving, submitted by Comptroller
6/20
Telegrams and letters re, read, and brief report given
by Gov. re feeling as to, in Boston and New York;
majority of members of Board opposed to pending
bill in principle
6/17
1060
798
907
838
io34
1150
896
910
2151-6Z
839-40
3.061
1111
110311°6
1130 1161
1150
1150-61
1090°91
1060-.61
CXV
Page
Guaranty State Bank of Hansford, Texas:
t,uestion of position of, as applicant for admission
to FRSystem, presented by Mr. Delano and dis2/9
cussed; no action
Guaranty Trust Co.
Agreed to request statement of foreign exchange
5/6
profits made at branches of,
Hall, Charles C., Asst. F. R. Agent at Dallas:
2/20
Letter from, re loss of certificates at Dallas
of
Member
Board:
S.,
C.
Hamlin,
Authorized to accept invitation of Secretary of Treasury
3/29
to make addresses in behalf of Liberty Loan
Memo, by, in re mailing of Index Digest, presented and.
2/13
acted upon,
Memo, by, re appointment of Er. Thompson as Asst.
4/5
Secretary of Board, read
Memo, by, re status of acceptances given against
merchandise (43, g. printing) in process of manu4/12
facture, read, discussed, and acted upon,
Memo, by, re theft of stamps from his office; ref.
5/22
to Secret Service
and
members
of
Memo, of, re payment of expenses
5/27
employees of Old Capitol Issues com't; ref.
Issues
Capital
by
Meno, of, re proposed statement
com't of policy to be pursued in restricting
6/22
credits
personal
on
business
absence
proposed
of
Notice from,
6/14
during week of July 4th.
quoting
Board
of
members
against
by,
Resolution
publicly opinions of other members on matters not
formally passed by Board; ref. to executive com't
6/20
for report
Approved for action without change by
6/22
executive committee
6/25
Approved by Board
Hanover National Bank of New York:
Memo. of Counsel re action of, as registrar; to be
6/17
referred to Consulting Counsel
3/11
Status of directors of, held satisfactory
Harding, W. P. G., Gov., FRBoard:
Draft of letter prepared by, to the President, re an
5/29
Allied Foreign 17.3mhange Bank; noted
him
at
by
made
be
Memo, of substance of remarks to
dinner of Southern Comnercial Congress an March
3/18
18th., read
discussion
financing
cotton
of
of
results
by,
Report
at Nat. Manufacturers' Association in New York
5/6
on May 4th,
191
751
268
529-30
218
576
609
900
929
1111
1052
1091
1112
1139
1061-62
420
946
465
749
CZ.VI
Harding, W. P. G., Gov., F. R. Board:
Request from, that he be relieved from service on Gold
Export com't, approved; la.. Warburg designated
to serve in his place
5/8
Statement by, in re method employed in examinations
of PRBanks, and suggesting grouping of banks
for this purpose
5/10
Statement by, re position taken by him as to guaranty
of bank deposits, ordered published in July
Bulletin
6/27
Suggestion by, for hearing of various local interests in
Atlanta district desirous of having a branch bank
. established at specified points; hearing set for
'lay 18th.
5/8
Hardy, Caldwell,
Agent, Richmond:
Letter from, Jan. 3rd., re reports of State banks,read,
notod, and ref. to Gov. Harding for reply
1/7
Letter from, re disappearance of funds shipped from
Richmond, read and noted
1/25
Letter from, re proposed changes in definition of
savings accounts, read, and voted to continue
present regulations
1/25
Letter from, enclosing letter and form of draft submitted by Swift & Co.; ref. to committee
3/23
Letter from, re organization of Richmond Bank, .with
Gov. Harding's reply, read and. noted
3/29
Letter from, re report of Commercial National Bank
of dashington, D. C., with copy of report,presented,
discussed, and reply of Gov. Harding approved for
transmission
4/8
Letter from, re purchase of land by MBank of Richmond;
purchase authorized
5/15
Letter from, suggesting that substitute FRAgont be named
at Baltimore, from among staff of Agent's Dept.
or from Directors; approved
5/20
Letter from, asking modification of Board's rules re
savings deposits; agreed present rules must be
maintained
6/20
Harriman National Bank:
Letter from, re an alleged directorship in, referred 5/31
Harris, H. B.
Letter from, asking permission to create branch of
American Foreign Banking Jorporation at Port au
Prince, ref. to com't
1/2
Letter from, re a peseta credit in Spain
1/4
Harrison, Charles A. (Phila.), notice of acceptance of
appointment,
1/2
765
786
1150-61
772
22
112
113
485
531
590
822
868
1087
962
5
10
3
11
CXVII
Page
Hart, F. R., of Old Colony Trust Co.
Letter from, re subscriptions to certificates; ref.
2/9
to Gov. Harding with power,
Hawaii:
Shipments from; telegram from FRA nt Perrin re status
2/9
of; ref. to Counsel
Hearings:
1/31
Glum, John B., of Lacaud & Son, granted hearing
hearing;
Musher, Nathan, of Pompeian Oil Co., granted
brief and application to be first formally filed 2/25
Parker, Col. M. M., request for hearing, granted;
1/2
requested to file brief
Heath, 'dm. A., ERAgent, Chicago:
Letter from, re methods for use in sale of certificates
of indebtedness in Chicago district; ref. to
1/21
executive committee with power
Baskin
G.
J.
Letter from, asking amount of bond for
as Asst. ERAgent at Detroit; bond fixed at
3/8
$25,000, or higher
collateral
of
endorsement
and.
holding
Letter from, re
against F. R. notes, with opinion of Counsel re,
3/8
read
Lotter from, requesting interview re placing of
3/11
Liberty Loan, granted
Letter from, commenting upon proposed organization chart
4/1
for RBanks; ref. to =et
Letter from, re rumor of transfer of western part of
4/2
Iowa to Omaha branch; no action
Letter from, protesting against rumored plans to change
Chicago district and establish new branches; read,
4/15
and noted
6/10
Letter from, re gold in local banks; noted
Letter from, re situation re membership in Iowa; Vice
Gov, authorized to discuss Iowa situation with
6/12
Secretary Houston
Banking
of
Supt.
State
from
Letter from, enclosing letter
in Michigan to Michigan State banks re gold deposits
6/20
in ERBanks
Heemsath, John:
Letter from W. N. Eiebnle re deferred classification
4/5
for, read and approved for transmission
Hinsch, C. A., American Bankers' Association:
Coorespondence between, and Gov. Strong, re redemption
2/13
of national banknotes; referred
Letter from, re use of trade acceptance; ref. to
1/21
committee
Letter from, enclosing copy of letter written by him to
American Tobacco Co. re use of trade acceptances;
2/18
ref, to com't
185
186
144
288
1
93
407
407
420-1
541
551
629
1020
1034
1086
575-76
214
93
252
Page
Hinsch, C. A., Pres. American Bankers' Association:
Letter from, requesting Board's opinion re establishnent of a Federal Reserve Foreign Bank; ref.
to Gov. for reply
3/28
Letter from, re legal status of acceptances in certain
cases, referred
Hood River Apple Growers Association:
Letter from A. W. Stone, Gen:Manager of, re classification of apple paper,
1/4
Hoover, Herbert, Food Administrator:
Letter from, presented, re financing Cuban sugar crop,
discussed; ref. to executive committee with
power
2/12
Letter from, with memo. from Buyers and Sellers
Association of Amarillo, Texas, enclosed; noted 3/6
Hoxton, W. W., of St. Louis; letter from, re deposits of nonmember banks; ref. to committee
1/9
Huasteca Petroleum Co.
Meeting of representatives of, with Gold Export com't;
permission granted to export $112,000 gold to
Mexico for use in Tampico oil district
6/25
Imlay, W. M.
Appointed Acting Asst. Secretary of F. R. Board
2/11
Appointed Acting Fiscal Agent from April 1st. to 30th.,
at $50 additional compensation
3/27
Appointment as Acting Fiscal Agent to May 15th., inc.,
approved
4/29
Appointment as Fiscal Agent at $50 per month, effective
May 16th., approved
5/17
Memo. of, in re changes in quarters for Div. of Audit
& Examination, read, and ordered put into effect 1/25
Memo, of, in re special examiners in Atlanta district
and naming certain employees of Atlanta Bank as,
read nrd proposed examiners approved
2/4
Memo, of, re application of Guaranty State Bank of Hansford,
Texas, noting an impairment of capital; ref. to
committee; bark admitted
2/6
Income and Excess Profits Taxes:
Letter from MBank of Atlanta re circular recently
issued by Asst. Secretary Leffingwell re
deposit of, noted
6/7
Letter from Gov. Seay re conditions surrounding
deposit of,
6/5
Index and Digest of Opinions of Counsel, etc.
See Digest and Index
Index-Digest:
Authority granted to order five-hundred bound copies
of,
3/23
623
1019
13
2061
394
35
1125-0
201
514
708
838
113
161
176
1006
994
486
I
CXIX
Page
Index-Digest:
Matter of writing to FRAgents re; ref. to Gov.
2/9
Harding
presented
and
of,
mailing
re
Memo. of Mr. Hamlin
2/13
acted upon,
bound
hundred
two
order
authorized
to
Yr. Hamlin
4/29
copies of,
Present status of; question re, disaussed,and Meg°.
4/4
presented; Digest ordered plated
voestion of complimentary list, ref. to executive
2/13
committee with power
Report by Mr. Hamlin of inadequacy of editions already
ordered; binding of five hundred additional
3/26
copies authorized
Request by Mr. Hamlin for permission to bind three
3/12
hundred of paper covered copies of, granted
Sale and distribution of; routine questions re, informally agreed to refer to Secretary of Board
2/15
with power,
Voted to pay 20;; more, if necessary, for quick binding
1/18
of new edition of,
Indiana National Bank of Indianapolis:
Permission to purchase stock in American Foreign Banking
1/28
Corporation, granted
director,
Baltimore
branch,
Ingle, William, election as
2/15
approved
Inter-Allied Exchange Bank:
Letter to Senator Owen re question of establishing,
read; agreed letter expresses substantially views
5/31
of Board
Memo. of Mr. Warburg re question of establishing,
5/29
presented; noted as expressing views of Board
Interest:
In Jacksonville, Florida; letter from Atlantic National
5/6
Bank of Jacksonville re,
Letter from Acting FRAgent Elliott of San Francisco re
scale for interest on bank deposits; acted upon 6/10
Policy of New York banks re payment of, on deposits;
report of telephone conversation with FRAgent
3/15
Jay re,
Interest Rates:
Advance in, and probable result; letter from FRAgent
3/18
Rich re, noted
Agreement of Boston banks as to rates an deposits;
5/10
letter from FRA3ent Curtiss re,
Citizens Commercial Trust Co. of Buffalo; letter from,
re high interest on deposits, read; copy ordered,
4/10
sent FRAgent Jay
Communication from FRAgent Austin re increase of,
2/25
185
218
708
564-65
218
510
426
233
82
127
232
963
941
749
1019
445
462
786
603
285
CLC
Interest Rates:
Correspondence between Gov. 'dold and E. S. Johnson
of Minneapolis re rates on bank deposits, with
memo. of reply
2/9
Frew, W. E., telegram from, re interest rates in
cities other than New York, presented
3/27
Informal report by Mr. Warburg of Gov. Harding's
conferences in New York re rates on deposit
balances
3/11
Letter from Citizens Commercial Trust Co. re, in
Buffalo and neighboring places
Letter from Congressman Bacharach, re prohibition
of high rates paid by banks on deposits,
discussed; reply authorized
3/18
Letter from FRAgent Wills in re rates on bank balanc
es
in fourth district; noted
2/25
Letter from RAgent Wills re interest an deposi
ts;
plan generally approved
5/1
Letter from FRAgent Wills re action by Associated
Savings Banks and Trust Companies of Cleveland
against paying more than 3, on demand deposits;
noted
5/6
Letter from Gov. Seay re advancing of preferential
rate on Govt. obligation-secured paper. to 4,
with corresponding advances in all maturities,
read and noted
3/11
Letter from Gov. Strong re general interest situat
ion
in New York, presented
3/27
Letter from Jos. Wayne of Philadelphia re circul
ar
from Comptroller re question of usurious rates;
discussed with Counsel and referred to him for
report
3/6
Letter from President of Atlantic National Bank of
Jacksonville, Florida, re rates of interest on
deposits thereof,
5/10
Letter from Theo. E. Burton of New York re questi
on
of amendment to rules of New York Clearing
House Association as to, an bank deposits,
read,and Gov. authorized to reply
3/8
Memo. re general question of, presented by Mr. Warbur
g,
discussed and copy ordered sent Gov. Strong
for
comment
3/27
On deposits; letter from H. H. Batchelder,
President
of Merchants Nat. Bank of Salem, Mass.,re;
ref.
to Gov. for reply
3/1.5
Paid in Atlanta an balances; letter from
Gov. McCord
re conference re,
5/24
Page
190
516
418
749
463
289
720
749
421
516
394
784
409
516
448'41
908
Cr.4.1
Page
Interost Rates:
Pomeroy, D. E., of New York; letter from, re high
interest on bank deposits, and reply of Gov.,
4/12
read and approved
communications
several
of
Harding
Gov.
by
Presentation
re; matter ref.to executive committee for preparation of letter to Hr. Frew for New York Clearing
3/6
House
2/25
Proposed increase of, at Dallas; ref. to com't
3/25
'uestion of, at FRBanks, discussed; no action
tuestion of statement for the press re rates on bank
2/25
deposits, ref. to executive com't with power
‘zuestion re, to be paid an deposits of New York banking
institutions, discussed; plan formulated by
3/16
N. Y. Clearing House Oom't, approved
Report by Gov. Harding of telephone conversation with
E. Frew re rates an bank deposits; Gov.
authorized to attend meeting of N. Y. Clearing
3/8
House for discussion of question
of
Emergency
Telegram from FRAgent Perrin re efforts
Fleet Corporation to obtain high interest an
deposits from bank in Tacoma, dashington; ref. to
4/6
Gov. Harding
by
demanded
high
rates
re
Perrin
Telegram from 2RAgont
Emergency Fleet Corporation from a national bank
of Tacoma, Washington, read and discussed; ref.
to Gov. Harding for communication with E. F.
4/10
Corporation
Telegram from Omaha Clearing House banks approving
policy of not advancing, on bank balances;noted 3/4
Interlocking Directorates:
Board's policy that Govs. of 2RBanks.dhall not be
directors thereof, to be commanicated unofficially
2/27
to Gov. Morse of Boston by L:r. Hamlin
Letter from FRAcont Curtiss re banks whose directors
may be subject to provisions of Clayton Act, read,
4/20
and referred to Counsel
Report of com't in re status of certain directors of
Liattapan National Bank of Boston, and other in2/13
stitutions, approved
Report of com't outlining application of Clayton Act
to Interlocking Directors of Irving Nat. Bank
5/1
& Irving Trust Co., approved
of
procedure
of
Ruling of Board dealing with method
committee 43 re directors,called to attention of
5/24
Board by Comptroller
conditions
upon,
action
recommending
Various reports
as to which were brought to attention of Board through
5/24
office of Comptroller, approved
609-10
393-94
284-85
504
284
453-54
408
583
602
381
304
662
217
721
910
909
International Banking Corporation:
Letter from Senator Calder re exemption from draft of
employees of, in its South American branches
5/20
Report in re exemption of certain employees of, from draft,
read; action suspended.
5/24
Report of com't re exemption of employees of, tabled 5/27
Report of com't re status of employees of,
5/31
Irving National Bank of New York:
Agreed that Comptroller request statement from, of
foreign exchange profits made at its branches
5/6
Report of com't outlining application of Clayton Act
to Interlocking Directors of, approved
5/1
Irving Trust Co.
Report of com't outlining application of Clayton Act
to Interlocking Directors of, approved
5/1
Italian PArahange:
Letter sent by Div. of Foreign Exchange to FRBanks re
control of, presented and ordered circulated
6/7
Statement by Mr. Warburg that control of, had been
taken over by Foreim Exchange Division
6/10
Jacobson, M. L., Chief, Div. of Reports & Statistics:
Memo, of, re accommodations for Statistical Division 1/9
Mem, of, re methods of reporting national bank notes
as float, and accompanying correspondence,read;
ref. to com't
3/15
Memo, of, re repurchase and sale agreements at FRBanks,
presented and discussed
4/6
Memo. of, re FRBank of New York treating three months
paper as "90-day paper"; practice approved
5/8
Memo. of, re signatures to telegrams making transfers
in gold settlement fund; approved
5/31
Memo, of, re taking over of gold and silver export and
import statistics by his Division; transfer
authorized
6/5
Meno, of, re publication of data showing rediscounts
among FRBanks, read; data approved for semiannual publication
6/14
Voted to request that he report rally on percentage
relations of reserve deposits and rediscounts of
member banks
6/25
Jay, Pierre, FRAgent, New York:
Correspondence with Gov. Harding re proposed conference
as to sale of Treasury certificates and conservation
of credit; read and discussed
Via
Correspondence with, re proof and verification of operations in Fiscal Agent's Dept. at New York for first
and second Liberty Loans; ref. to Gov. Harding
with power
2/9
869
908
931
965
751
721
721
1006
1017
36
446
50'4°
764
962
992'95
1049°6°
1129
79
166
CXXIII
Page
JAY, Pierre, F. R. Agent, New York:
Letter from, proposing plan for wider distribution of
1/14
certificates of indebtedness; plan approved
meetsuggestion
of
Letter from, stating Gov. Strong's
ing of Govs. or FRAgents to discuss plans for
conservation of credits; ref. to Priorities
1/16
committee
Curtis
as
election
of
J.
F.
Letter from, advising of
1/25
Deputy Gov. and Counsel of ERBank of New York
to
Gidney;
ref.
M.
Letter from, re salary of R.
1/30
comTt
excess
loans
re
Comptroller
ruling
of
from,
re
Letter
2/18
secured by Govt. bonds; ref. to com,t
securities;
of
sale
plan
for
outlining
Letter from,
ordered mimeographed and circulated among
3/8
Reserve Banks
Letter from, re rediscount rates; plan suggested,
4/2
approved
Letter from, re relations with State banks and coning
convention of Supervisors of, at Hot Springs,
4/29
Ark., read
Letter from, re collection charges; ordered circulat5/22
ed
Jenks, John S., of Philadelphia:
Gov. Harding authorized to reply to letter from, re
Board's position on the trade acceptance
4/26
situation
Jennings, R. P., check from, in settlement of cable charges;
4/10
ordered accepted
Johnson, E. S„ of Minneapolis:
Correspondence between, and Gov. Wold of Minneapolis,
re rates of interest on deposits, with memo.
2/9
of reply
Joint Conference of Board and F. R. Agents:
Minutes of meeting held Feb. 26th., ref. to Ur. Delano
2/27
for report
Joint Notification of F. R. Agents and F. R. Banks:
Draft of resolution re, presented by lir. Hamlin; ref.
3/1
to executive committee
Gov. Harding authorized to write to FRBanks recom3/1
mending,
Joint Stock Land Banks:
Correspondence re making of deposits by, with FRBanks,
2/20
presented; such accounts approved
Memo, of Counsel, stating that Joint Stock Land Banks
1/23
nay deposit with FRBanks; ref. to com't
Kane, T. P.
See Deputy Comptroller of the Currency:
59
68
112
141
252
395
550
707
895
695
605
190
303
363
363
267
101
page
Kansas City District Bankers:
Meeting of delegates of, with Board, and discussion
re exchange and collection conditions
5/13
Kansas Live Stock Association:
Wire from, asking support for cattle loans during
coming season; ref. to Gov.
3/1
Kennedy, Sinclair, of Boston, Mass.
Published statement by, re attitude of Boston interests
toward saving and thrift; passed to file
6/10
Kent, F. I.
Agreed that he cooperate with War Intelligence Bureau
and have all mail re registration certificates
sorted and censored by special corps of mon
1/3
Compensation of $2,500 to, for services rendered
N. Y. Bank, approved
1/30
Designated Director of Div. of Foreign Exchange
1/30
Letter from, transmitting copy of letter to Senator
Owen enclosing exchange quotations on neutral
countries as of June 1st., 1918
6/17
Secretary directed to request, that he furnish Board
with form of inquiry re foreign exchange profits
submitted to eastern banks
6/10
Kern Amendment:
Easterday, P. R., application of, under; approved
2/11
Kettig, W. H.
Letter from, re Birmingham branch and rental of quarters
for; two year lease at 4400 per month, authorized
6/28
Khostchinzky, Mr.
See under Novitzky, W.
Kiehnle, W. N., letter from, re deferred classification for
John Heemsath, read and approved for transmission
4/5
Lacaud & San, bankers of San Antonio, Texas, and Mexico
City; memo. from Secret Service re arrest of, for
attempting to export in excess of license
1/17
Lansing, Robert:
See Secretary of State:
Largardo, A. J.; memo. of State Dept. re transactions of, 2/11
Lawder, Sam R., letter from, re republication of "Index and
Digest of opinions of Counsel and informal rulings of
Board"; republication authorized
4/2
Leased Wire System:
Letter from Messrs. McDougal, Fanaher and Wold re
private telegraph service betAmen FRBanks and Board,
read; ref. to Gov. and Mr. Delano
4/3
Matter of, brought up by Gov. Harding, and proposed
letter to Gov. McDougal of Chicago submitted;
letter approved
5/7
Leffingwell, R. C., Asst. Secretary of the Treasury:
Communication from, re designation of Banks of England
and France as Govt. depositories; noted
2/11
801-6
362
6
1025
8
142
141
1062
1025
204
116940 I
575'16
72
194
550
558l59
75'?
200
CXXV
Page
Leffingwell, R. C., Asst. Secretary of the Treasury:
Correspondence with, re additional credit of 10,000,000
1/9
rupees; ref. to Mr. Kent for action
Correspondence with, re discount of seed warrants;
1/9
ref. to Counsel; reply to be sent by Gov.
National
Letter from, enclosing one from Manufacturers
1/28
Bank of Troy, re stamps on bank paper
Letter from, forwarding one from Manufacturers Nat.
Bank of Troy, re use of Govt. bonds as collateral
1/28
against bills at Reserve Banks; read
read;
branch,
Letter from, re deposits in Baltimore
enclosures on same subject noted; both referred
3/4
back to Gov. Harding
cable
censor,
from
communications
Lotter from, enclosing
inquiring as to suppression of msssages re speculation in foods and securities; reply agreed upon, 3/6
Letter from, re registration of bonds at Monks and
3/11
asking Board's views; ref. to Mr. Warburg
payfor
credit
immediate
of
question
from,
re
Letter
ments on account of Liberty Bonds; ref. to Gov. for
3/13
discussion at conference of Govs. March 22nd.
Letter from, re redemption of one-year notes maturing
4/1
April 1, 1917, read and passed to file
Letter from, re question of publishing names of subscribers to certificates of indebtedness, read
4/17
and noted
Letter from, re retirement of silver certificates and
replacement by FRBank notes, under provisions of
4/23
Pittman Bill, presented
Letter from, re melting of standard silver dollars,
and other phases of silver retirement operations;
5/3
acted upon
Letter from, re private wire service between Treasury
5/6
and ERBanks; ref. to executive committee
Letter from, re proposed loan to Canada to restore exchange
5/6
to par, read and referred to executive comIt
Letter from, re exchange transactions with Copenhagen 5/6
Letter from, with copy of resolution of Senate asking
for amount of conuercial and financial bills
payable in currency of neutral nations of Europe,
bought and sold by banks dealing in foreign
exchange in New York City from Jan. 1 to July 1,
5/14
1918
Letter from, re distribution of one-year Treasury
5/15
notes among FRBanks; noted
Letter from, re deposits of gold by the Treasury in
6/10
FRBanks, noted
Letter from, approving circular on travellers'
6/12
regulations; noted
33
33
125
125
387
395
421
433
545
642-13
675
733
748
748
750
814
822-23
1021
1030
Page
Leffingwell, R. C., Asst. Liecretary of the Treasury:
Letter from, re publication of lists of subscribers
to Treasury certificates, read; Mr. Miller
to reply
6/14
Letter from, suggesting no present increase in
MBank discount rates
6/17
Letter from, re conditions under which rupee exchange
is provided
6/20
Letter from, re travellers' funds to certain countries,
read; policy ordered into effect
6/20
Letter from, transmitting telegram from I. W. Collins
to the President
6/20
Letter from, transmitting one from Gov. Seay, re
organization for placing Third Liberty Loan,
read
6/22
Letter from, re coinage of a two and one-half cent
piece
6/27
Telegram from, to FRBanks, re sale of certificates
of indebtedness in anticipation of the Fourth
Liberty Loan, read
6/14
Letters of Credit:
Licenses for; letter from Asst. Sec. of Treasury Rowe
re same; ref. to Er. Kent for report
1/7
Liberty Bonds:
E. W. Scrims Newspapers; letter from, re use of bonds
purchased by, in paying dividends
5/20
Florsheim, Milton, letter from, re use of Liberty Bonds
in remittances, presented; Sec. directed to
transmit statement on subject by Secretary of the
Treasury
3/27
Informal report by Er. Warburg re question of registering,
3/20
Loans on; report re, at meeting of FRAgents with
Board
3/1
Purchase by public and banks, and use as basis of
borrowing from RBanks; discussion re, at meeting
of RAgents with Board
3/1
Report of Secret Service Div. of Treasury re recovery
of lost Liberty Bonds at Boston
6/5
Retention of proceeds of, in districts where they
originate; letter from J. H. Boyd re, noted
3/23
Statement by Secretary re request of L. W. Gammon re
publication of numbers of lost or stolen bonds
in F. R. Bulletin
5/20
Liberty Loan:
Boyd, J. H., letter from, re retention of proceeds of
Liberty Bonds in district where they origlmate,
noted
3/23
1049
1059
1087
1084
1087
1113
1154
1049
22
869
515
477
352
350
992
487
889
467
Page
Liberty Loan:
Cmnpaign:
Rich, John H., letter froffi, requesting that copies
of communications re, sent Govs. of FRBanks,
be forwarded to FRAgents; agreed upon, and
1/17
vice versa
purchases;
Loan
Liberty
of
account
on
Credit for payments
letter from Asst. Sec. Leffingwell re question of
immediate; ref. to Gov. for discussion at
3/13
conference of Goys. on March 22nd.
from
letter
last;
to
banks
of
s
Current subscription
4/8
FRAgent Rich giving data re, read and noted
Expenses:
Correspondence with FRAgent Rich re payment of,
2/9
read and ref. to Minneapolis com't
F. R. Bank of Dallas:
Letter from, re auditing nethods in Liberty Loan
2/11
Dept„ presented and noted
Fiscal Agent's Department at New York:
Correspondence with FRAgent Jay and Mr. Broderick
re proof and verification of operations in, for
First and Second Loans; ref. to Gov. Harding
2/9
with. power
Treasury
Hamlin, C. S., invitation from Secretary of
to make addresses during campaign for; acceptance
3/29
authorized
asking
from,
letter
Heath, Win. A., FRAgant, Chicago;
for interview re placing of Liberty Loan,granted 3/11
Massachusetts Mutual Life Insurance Co.; letter from
President of, re distribution of its Liberty Loan
subscriptions by F. R. districts; ref. to Asst.
4/3
Sec. Leffingwell
report
informal
Bonds;
Loan
Registering of Liberty
3/20
by Mr. Warburg re question of,
of,
proportion
into
inquiry
making
Second; matter of
actually absorbed by investors and still held
1/25
by banks; ref. to com't
Loan
Bureau:
Speakers Liberty
Invitations from, to Messrs. Hamlin and Delano,
to make tours to assist in placing bonds;
3/6
acceptance authorized
Subscriptions in New England; letter from Gov. Mersa
of Boston re, read and discussed.; ref. to Gov.
2/11
with power
Third; organization for placing; letter from Asst.
Sec. Leffingwell transmitting one from Gov. Seay
6/22
re,
75
433
591
190
202
186
529-30
420-21
555
477
116
397
202
1113
°XXVIII
page
Liberty Loan Campaign:
Hamlin, C. S., invitation from Sec. of Treasury to
make addresses during; acceptance authorized
3/29
Letter from FRAgent Rich requesting that copies of
communications re, sent to Goys. of Monks,
be forwarded to FRAgents; agreed upon, and
vice versa
1/17
Liberty Parade, April 26th., 19184
Resolution re closing of offices of Board and
participation in, by members and staff
4/25
Licenses for Shipments of Jewelry:
Letter from Postmaster at Attleboro, Mass. re; ref.
to War Trade Board
1/18
Lincoln County Bank of Merrill, Wis.
Letter from, re boundaries of the Minneapolis and
Chicago districts
6/27
Little Rook, Arkansas:
Request by banks for establishment of branch at;
Mr. Miller expressed himself, informally, as
opposed
6/27
Live Stock Paper:
Rates on; letter from FRAgent Ramsey re, read and
noted
4/15
Livingstone, Lewis, File Clerk of Capital Issues ComIt:
Letter to Alexandria, Va. draft authorities asking
deferred classification of three months for,
approved for signature
3/28
Loans:
Cattle:
Wire from Kartias Live Stock Association asking
support for, during coming season; ref. to
Gov.
3/1
Collateral:
Letter from FRAgent Wellborn re proposed, read
and noted
4/12
Conditions in North Dakota:
Letter from Treasurer Burke re, ordered ref.
to Asst. Sec. Leffingwell
3/6
Excess loans an bonds of national banks; opinion
of Counsel re, requested
3/6
Excess loans secured by Govt. bonds; letter from
FRAgent Jay re ruling of Comptroller in re;
ref. to Comptroller
2/18
Extension of, for drilling oil wells; letter re,
from Gov. Miller, with enclosures from Senator
Owen, read; Gov. Harding authorized to reply
4/12
Letter from MBank of New York re large lines of
packing house paper and comments of examiners thereon
as "capital lomln"
6/10
539'9
75
690-1
76
1155
1155
625
523.°
363
613
395
396
252
613
3.021
'
CLX1X
Page
Loans:
On non-essential industries; attention called to
telegram sent out by Kansas City Bank suggesting "calling"of; deemed unwise, and Gov. to
3/13
so notify
of
Sec.
Asst.
from
letter
Proposed loan to Canada;
Treasury Leffingwell re, to restore exchange to
5/6
par, read and ref. to executive com't
of
letter
of
copy
obligations;
Govt.
Protected by
instructions to FRBanks re method of reporting,
submitted, discussed, and approved for trans..
4/6
mission
Locke, R. B.
Letter from Gov. McDougal of Chicago re qualifications
1/7
of, read and noted
Notification of election of, as Manager of FRBank of
Chicago, at salary of 06,500; ref. to Chicago
1/2
com't
1/4
Report of com't on salary of, approved
Lower, W. D.
Report of com't re appointment of, as General Bookkeeper
and Asst. FRAgent, at Omaha branch, tentatively
1/25
approved, subject to revocation
Lumthermen's National Bank of Portland, Oregon:
Letter from Gov. Harding, Jan. 26th., to FRAgent
2/4
Perrin re absorption of, approved
re
Wellborn
FRAgent
Lyerly, Capt. Chas. A., notice from
election of, as member of Advisory Council from
1/16
Atlanta district; noted
Lynch, James K., Gov., FRBank of San Francisco:
Letter from, recommending FRBanks be permitted to
2/13
receive deposits from States and Cities; noted
read
and
Townley,
C.
D.
of
Letter from, re arrest
3/18
noted
of
bill
to
as
Board
of
rulings
recent
re
Letter from,
4/29
lading drafts, read, discussed, and noted
San
by
bonds
Govt.
old
of
purchase
re
Letter from,
5/22
Francisco Bank
Lotter from, re publication of names of banks subscribing to certificates; ref. to Asst. Sec.
6/12
Leffingwell for opinion
See Secretary of the Treasury
McAdoo, W. G.
McCord, Joseph A., Gov., FRBank of Atlanta:
Draft of telegram to, re proposed method of endorsing
acceptances purchased by MBank of Atlanta from
4/13
FRBank of New York; ordered transmitted
Letter from, in re purchase of paper from FRBank of
3/29
Now York, discussed and acted upon
432
748
582
21
4
17
114
163
66
213
462
708
896
1037
623
534
Page
McCord, Joseph A., Gov., MBank of Atlanta:
Lotter from, re controversy with local Collector of
Internal Revenue, and memo. of Counsel, read;
ref, back to Gov. Harding for action
4/12
Letter from, re conference re rates of interest paid
on balances in Atlanta
5/24
Memo. from, re time of maturity of member bank notes
falling due on legal holidays, and opinion of
Counsel re sane; ref. to Gov. for consultation
with Counsel
1/11
Telegram from, re use of franking privilege; ref. to
executive comIt
5/1
McCune, J. H.
Letter from, re by-laws of Pittsburgh branch and powers
of local directors, discussed; ref. back to Mr.
Hamlin for reply
3/25
McDougal, James B., Gov., FRBank of Chicago:
Letter from, re qualifications of R. B. Locke, read
and noted
1/7
Letter from, re conditions in Wisconsin and Michigan
as to status of depositaries therein, noted
1/21
Letter from, re reserve percentages for small banks
within corporate limits of Chicago, noted
1/21
Letter from, stating Detroit branch would soon be
opened, read and noted
1/25
Letter from, re distribution of acceptances and
purchase of such paper,fram N. Y. Bank without
endorsenent, noted
4/8
Letter from, re private telegraphic service between
FRBanks, read and noted
4/8
Letter from, with memo. of Counsel, re drafts drawn
under export credits, read; ref. to Gov. Harding
for reply
4/12
Letter from, re operation of Detroit branch and appoint
rent of an Asst. Cashier, read; by-laws of branch
amended to effect appointment desired
4/15
Letter from, transmitting form for use in protecting
bank in re acceptances made against exported goods,
with memo. of Counsel recommending changes in,
read; changes approved
4/15
Letter from, re collection charges on member bank items;
referred
5/29
Proposed letter to, re private telegraph service
between
FRBoard and FRBanks, approved
5/7
McIntyre, General Frank:
Letter from, to Er. Jtrauss, stating
.3500,000 gold
needed in Manila, discussed; no action
1/28
612
908
45
720
503
gi
94
94
115
590-4
592
612
629
630
941
757
122
CMI
Page
McKay, C. R., lotter from, re reasons for certain banks
failing to subscribe more freely for certificates
2/25
of indebtedness, presented and ordered circulated
byto
amendment
proposing
UcLallen, W. F., letter from,
3/29
laws of Detroit branch, approved
Mc-Nary, James G., telegram from, re status of El Paso,
2/1
noted
R.
F.
Notes:
Macerating
for
Dynamo
Macorator and
Purchase of macerator for Comptroller, at
6/20
approved
Question re payment of, intended for use of
4/12
Comptroller, ref. to committee
Manufacturers and Traders National Bank of Buffalo:
Purchase of stock in American Foreign Banking Corporation,
1/25
approved
Martin, T. P., Jr.
6/7
Letter from, re branch in Oklahoma,
Martin, Wm. McC., 2RAgent, St. Louis:
Letter from, notifying Board of election of F. O. Watts
1/21
as member of Advisory Council; noted
Letter from, transmitting salaries at Louisville
1/28
branch of FRBank of 3t. Louis
Letter from, re question of uniform bank examination
report by State Bank Commissioners, with memo. from
3/29
W. M. Imlay, read and acted upon
Memphis
a
Letter from, recomionding establishment of
6/10
branch, presented
Massachusetts:
Proposed bond issue in;
Draft of letter to Gov. Morss of Boston by
1/23
Priorities com't re,
to
ref.
Delano;
Proposed letter re, read by Mr.
1/18
Priorities com't
Massachusetts Mutual Life Insurance Company:
Letter from Presidont of, re distribution of its
Liberty Loan subscriptions by F. R. districts;
4/3
ref. to Asst Sec. Leffingwell of Treasury
nattapan National Bank of Boston:
Report of com't re status of certain directors of,
2/13
and other institutions, approved
May, Max:
Status of, discussed; Board to advise FRBank of New
York re basis on which paper of Corporation
6/14
employing, should be dealt with,
Jtatus of; draft of letter to Attorney General re
action taken by Board as to, presented by Mr.
6/17
Hamlin and approved for transmission
285
530-31
149
1088
609
114
1005
92
126
531
1022
103
82
555
217
1049
1065-66
Mayaguez, Porto Rico:
Establishment of sub-branch of National City Bank of
New York at, approved
2/13
Mellon National Bank of Pittsburgh:
Status of directors of; report of com't re, approved 1/7
Member Bank Examinations:
Memo. from chief examiner Borderick re, presented
1/23
Member Banks:
Advances to, and lines of discount; report by Mr. Wills
re, at meeting of FRAgents with Board
3/1
Aid extended by, to non-member banks; memo. of Counsel
re, ordered discussed at forthcoming Governors
Conference
6/27
Assistance through publicity; report re, ordered circulated at meeting of FRAgents with Board
3/1
Branches of; correspondence with Comptroller as to
whether branches, if permitted, should be created
under regulations of Board or Comptroller; read 3/20
Capital requirements of; letters from FRAgent Ramsey of
Dallas and A. E. Upton of Denver re, read and discussed; Gov. Harding to discuss question with
Chairman Glass
3/18
Educating of; report re, ordered circulated at meeting
of FRAgents with Board
3/1
Examination of, discussed at meeting of FRAgents with
Board
3/1
Letter from FRAgont Perrin re rediscount of notes of,
secured by Govt. bonds, discussed; reply informally agreed upon,
2/6
Letter from Gov. Seay re large advances to, currently
being made on paper secured by Liberty Bonds,
read and reply agreed upon,
2/11
Mew. of Mr. Warburg re reports on gold holdings of,
5/13
Postal deposits in; letter from MBank of Minneap
olis
re, ref. to Gov. with power
2/23
':uostion of issuing short abstract of condition of,
and publishing in F. R. Bulletin; ref. to com't
for consultation with Comptroller
3/13
Member State Banks: See State Member Banks and State Bank
Members:
Membership In F. R. System: (See also State Banks and
Trust
Companies; entrance inLo FRS:)
Delano, F. A., statement by, re certain banks in Texas
applying for membership but in doubtful position
as to admission
4/26
Fletcher Savings & Trust Co., Indianapolis; letter
from FRAgent Heath re membership of,
6/12
Legislation to increase; memo. of Counsel re, ordered
redoaketed for March 20th.
3/18
page
214.46
22-23
104
351-0
1156
351
477
464
351
351
174
203
799
279
431.
"51i
697
1054
466
CXXXIII
Page
Membership in F. R. System:
Agent Heath re situation as to memberLetter from
ship in Iowa; Vice Gov. authorized to discuss
6/12
situation with Secretary Houston
Meeting for discussion of legislation as to; telegram
from 21Agent Wellborn re, read; Gov. authorized
2/11
to sand notifications of,
Memorandum of Counsel re bill for State legislatures
providing for; Counsel authorized to proceed
1/14
along lines outlined
Memorandum of Counsel re question of legislation to
increase, with special reference to savings
departments in national banks, read, and ordered
3/15
docketed for March 18th.
Report of com't recommending form of reply to inquiry
as to proposed, of a State bank in Benson, Neb.,
6/10
approved
State bank membership in California;
California banks considering; telegram from
3/23
RaAgent Perrin re conference of,
further
Correspondence re, ref. to Mr. Miller for
1/14
correspondence with FRAgent Perrin
6/10
noted
re,
Elliott
Letter from Acting FRAgent
Suggested legislation to increase; mono. of Counsel
re transmission of his outline re, approved for
3/120
transmission to RAgents
The American Jtate Bank of Durant, Oklahoma; letter
from FRAgent Ramsey re membership of, and
population of town, read; ordered Mr. Ramsey be
guided by Federal Census in determining eligi4/15
bility
The Texas Bank & Trust Co. of El Paso, Texas; letter
from FRAgent Ramsey re conditions of membership
6/10
of,
Wachovia Bank & Trust Co., Winston-Salem, N. C.; voted
may become member if approved by Board as to
6/25
condition, even in absence of requisite seal
Mercantile Bank of the Anoricas:
Letter from, re Peruvian situation, presented; ordered
3/11
circulated
Letter from, re Spanish exchange, read, and general
situation discussed, at meeting of Gold Export
6/5
committee
Statement re condition of, presented; ref. to aom't 3/27
Mercantile National Bank:
Telegram from Union & Planters Bank & Trust Co. of
Memphis asking permission to carry out proposed
2/11
merger with, read; no objection
1034
202
59-60
446
1023
487
60
1019
474-75
628-29
1021
1138
415
990
515
202
CXXXIV
Page
Altivizzo,
Mercantile Overseas Corpor-tion:
Lotter from President leilsen of, re shipments of gold
to Venezuela, ordered circulated March 14th.;
noted
3/19
Mercantile Trust Co. of Si.. Louis:
Letter from, re acceptances against oil in storage;
Gov. directed to reply favorably
4/29
Suggestion by Mr. Foley of, for correction in
certificates accompanying oil acceptances,
approved
5/3
Merchants National Bank of Brownsville, Texas:
Request of Congressman Garner for permission for, to
export gold to Mexico for payment of duties on
herd of cattle to be exported
1/28
Merchants National Bank of Detroit:
Letter from, ordered answered, stating amendment to
Act to permit long term farm discounts not now
possible
3/4
Merchants National Bank of Los Angeles:
Permission to invest in stock of American Foreign
Banking Corporation, granted
1/23
Merchants National Bank of Richmond:
Authorization of, to purchase stock in American Foreign
Banking Corporation
1/2
Letter from President Branch of, suggesting amendments
to National Bank Act for fixing interest rates
in relation to F. R. Bank rates, read; ref. to
Gov. Harding for reply
4/12
Merchants National Bank of St. Paul:
Purchase of stock in American Foreign Banking
Corporation, approved
1/9
Merchants National Bank of Salem, Mass.
Letter from President Batchelder of, re rates of
interest an deposits
3/15
Merchants National Bank of Worcester, Mass.
Permission to invest in stock of American Foreign
Banking Corporation, granted
1/21
Metropolitan Bank Building:
Form of assignment of space in, previously authorized,
presented and noted
5/29
Mexico:
Report by Mr. Strauss re conference with Ambassador
Fletcher and Financial Secretary Nieto re
financial affairs in,
1/30
Shipment of gold to; informal conference between
Asst. Sec. of Treasury Rowe and RBoard re,
1/11
468
710
734
122
381
102
5
6112•15
35
448°41
90
940
136
52
CMCCir
Page
MOXiCO:
Telegram from RBank of San Francisco inquiring re
export licenses authorizing shipment of Mexican
currency, granted, but future permits to be
1/23
applied for,
Military Draft:
Letter from Deputy Gov. Treman of New York re effect
of, on staffs of FRBanks; ref. to Gov. Harding 3/18
Miller, A. C., lamther of Board:
Nemo, of, recommending that Board disapprove changing
of name of American Savings Bank & Trust Co. of
5/17
Seattle; approved
Report by, of proposed trip to California on June
twenty-first; authorized to visit northwestern
6/24
branches at expense of Board
Statement by, re difficult status of gold mining in
4/26
California
Miller, J. -Z., Jr., Gov., FRBank of Kansas City:
Letter from, re rates of exchange on drafts and
transfers an F. R. cities; ref. to committee;
committee to state that hearing can be given
Kansas City Clearing House Association up to
1/30
Feb. 11th.
branch,
Denver
of
Letter from, re change in by-laws
and copy of amended by-laws already acted upon,
4/1
presented and discussed
re
Owen,
Senator
from
enclosures
with
Letter from,
extension of loans for drilling oil wells,read;
4A2
Gov. Harding authorized to reply
Letter from, re form of payments for sales of public
5/6
lands required by Secretary of the Interior
5/15
Letter from, re discount of oil paper
5/20
Letter from, re charges for collection
Telegram from; re salary of J. D. Rising at Kansas
City; voted to state informally Board's approval
1/7
of advance to :8,000
Telegram from, re organization of Denver branch, and
3/27
its by-laws; ref. to Gov. Harding with power
Telegram from, outlining proposed changes in by-laws
3/29
of Denver branch; changes approved
Miller & Williams (Messrs.), memo, presented from, re
practices at Reserve Bank of Richmond noted by chief
3/20
examiner Broderick in report of March 15th.
Mitchell, J. R., letter from, re establishment of priorities
in Capital Issues and question of organization to deal
with whole subject, discussed; ref. to executive comIt1/2
Morgan, D. T. (Rep.), letter from, re short term credit
1/21
for farmers
97
463-64
837
1051
697
138
545
612
748
822
868
22
514
530
477
4
92
C=II
Page
Lorgan, J. P.,& Co. Letter from, re earmarking of gold. for Bank of France,
read, and earmarking ordered
3/7
Morse, Chas. A., Gov., MBank of Boston:
Letter from, re basis of computing interest on rediscounts between PRBanks; voted to make an
basis on 365 days to year
1/30
Letter from, re Liberty Loan subscriptions in Iow
England, read and discussed; ref. to Gov, with
power
2/11
Letter from, re registration of bonds at Reserve
Banks; ref. to Gov. Harding for action
4/6
Letter from, with suggestions re inventory of
securities held to protect Treasury deposits
5/6
Letter from, re question of charges for collection
of checks
5/24
Letter from, re replacing of silver certificates by
MBank notes or F. R. notes
5/24
Telegram from, re purchase of site for FRBank of
Boston
6/21
Lusher & Co.
Application of 2.:r. flusher for hearing, granted for
Larch 2, 1918
2/28
Application of, to export gold to Spain;
Gold Export com't requested to prepare and submit
report re,
3/11
Report re, submitted by Gold Export com't, ordered transmitted to Secretary of Treasury for
countersignature
3/13
Report re telephone conversation with Secretary
Tumulty (on behalf of the President) re;
license granted
4/15
Revision of memo. re, approved by Secretary of
Treasury, read; Secretary directed to send
notice of formal declination of, by Board
3/20
Correspondence with, and Gov. Strong, re exports of
gold to Spain; letter authorized. for transmission to,
5/22
Informally agreed that no further reply to last letter
of, need be sent
6/7
Letter from, re earmarking of gold in New York, and
considered by Gold Export com't, read; reply
approved
5/29
Letters from, requesting permission to transfer gold
to London at par, discussed and referred
5/31
Letter from, re transfer of gold to London at par,
discussed; ref. to executive com't with pomar
6/5
Letter from the President re exchange agreement of,
6/10
402
137
202
585
To
907
907
315
430-51
851
474
896
1006
943
961
992
1011
CXXXVII
Page
Eusher & Co.
Notice from Erluitable Co. of Now York that they
would close at once with proposed plan for
providing exchange at 41.98- to liquidate
6/7
obligations of,
Request made by, of RqBank of New York, through
Eiuitable Trust Co. of New York, re earmarking
of gold, and mentioned in reply of Board to
5/29
:.usher & Co., of late
Withdrawing of license for earmarking or exporting
gold on behalf of, in favor of Equitable Trust
Co., approved, if not availed of within stated
6/3
period
Lusher, Nathan, of /lusher & Co.
Hearing granted, re application for permission to
3/2
export gold to Spain
Letter from, to the President, re export of gold,
4/8
read
5/6
Letter from, re exchange on France
National Association of Boot and Shoe Manufacturers:
Permission granted Secretary of Board to accept invitation to address convention of, on Jan. 16th. 1/11
National Association of Cotton Manufacturers:
Letter from, re proposed change in methods of
financing cotton, presented; Gov. Harding
authorized to attend session of, at New York,
4/22
on Nay 4th.
National Association of Credit Lien:
6/3
Letter from, re opposition to trade acceptances
National Bank Act:
Amendments to,
Letter from N. A. Carpenter inquiring re certain;
2/18
ref. to committee
Letter from President Branch of Merchants Nat.
Bank of Richmond suggesting, for fixing
interest rates in relation to FRBank rates 4/12
Notice of arrival in Washington of J. S. Dram of
San Francisco, representative of California
State banks, for purpose of securing; Mr.
Miller to consult Comptroller & Counsel re
3/1
amendment
National Bank Notes:
5/10
Lem. of Counsel re redemption of, in lawful money
Eemo. of U. L. Jacobson re methods of reporting, as
3/15
float, and accompanying correspondence, ref.
to com't
Redemption of; correspondence between Gov. Jtrong
and Pres. C. A. Hinsch re, presented and ref.
2/13
to Er. Miller
1003
943
984
370-374
589
749
47
666
980
253
612-13
366
781
446
214
CXXXVIII
National Bank Notes:
Report of com't holding that, in hands of FRBanks,
should be treated as "float", approved
3/20
National Bank of Bellows Falls, Vt.
Permission to act as trustee, executor and administrator,
granted
1/21
National Bank of Commerce of Toledo, Ohio:
Application of, for permission to purchase stock in
American Foreign Banking Corporation, approved
4/13
National Bank of Decatur:
Memo. of Counsel re fiduciary powers for Illinois
banks, apropos of application of; approved
1/23
National Bank of Stapleton:
Correspondence between, and Comptroller, re deficient
reserves, presented; matter ordered brought to
attention of FRBank of New York with instructions
to comply with law
4/12
National Bank of Tacoma, Tacoma, Washington:
Application of, for power to purchase stock in American
Foreign Banking Corporation; approved
1/11
National Bank Reports:
Board's policy re,
1/7
National Banks:
Savings Depts. in; letter from FRAgont Rich re
organization of, read and noted
3/18
National City Bank of New York:
Branch and sub-branches;
Application of, for permission to establish in
Porto Rico, presented; ref. to committee
and Counsel
2/9
Application of, for permission to establish in
Porto Rico, approved
2/13
Statement by Comptroller that he had called for statement of foreign exchange profits made at bramhes
of,
5/6
National Cotton Manufacturers' Association:
Report by Gov. Harding re results of cotton financing
discussion at meeting of, in New York, May 4th. 5/6
National Discount Bank:
Letter from S. Watkins outlining plan for organization
of, in New York; ref. to Counsel for opinion
2/13
National Newark 8: Essex Banking Co. of Newark:
Permission to invest in stock of American Foreign
Banking Corporation, granted
1/21
National Straw Hat Manufacturers' Association:
Form of letter for transmission by Gov. to, re their
credit terms; report of com't recommending,
approved
6/25
477
92
623
101
610
47
22
462
185-86
214-4°
751
'749
218
90
13.40
Page
National Wool darehouse & Storage Co.
Letter from Chief of Wool Division of War Industries
5/17
Board re discount of paper of,
Report by Mr. Warburg re formation of Syndicate for
5/31
financing, in Chicago
Navy Department:
Lena. from, dated Feb. 7th., re Shipment of gold to
Commander-in-Chief, Pacific Fleet; filed with
2/11
executive com't
Nesbit,
also
(See
Pa.
Nesbit & Ayres of Pittsburgh,
Harrison, of Pittsburgh, Pa.)
by; Mr. Nesbit to be notified
received
Compensation
referred to Board subsequent
be
if
matter
that,
same must be called to
payment,
proposed
to
1/7
General
Attorney
of
attention
of
Bank
Pittsburgh:
of
President
Nesbit, Harrison,
Memo. of Counsel re bringing to attention of Dept.
of Justice certain foes paid to, read; matter
2/15
ordered referred, through Counsel
by,
received
fees
certain
with
connection
Papers in
submitted to Counsel for opinion re Board's
duty in bringing matter to attention of Dept.
2/11
of Justice
New York Clearing House Association:
question of amendment to rules of, as to rates of
interest on deposits; letter from Theo. E. Burton
of New York re, asking Board's views; Gov.
3/8
authorized to reply
New York Credit :lens Association:
Letter from, re question of paying internal revenue
4/6
taxes on June 15th., read; no action
Newsome, W. B., notice from Secretary of acceptance of
1/2
appointment by,
Non-Member Banks:
Agent for, in discounting; letter from FRAgent Ramsey
re designation of First National Bank of Amarillo,
Texas, as; voted to ask for banks represented
2/6
before taking action
Deposits:
lioxton, W. W., letter from re, referred to comIt 1/9
"Ton-Partisan League"
Letter from Gov. Wold re activities of, ordered ref.
2/25
to Dept. of Justice
Norges Bank of Christiania, Norway:
Uemo, of agreement between, and RBank of New York,
re establishment of exchange and deposit agreement similar to that arranged with Argentina,
3/15
presented; approved as basis of negotiation
837
962
198
23
230
205
409
583
3
172
35
285
444-45
CXL
Page
North Dakota:
Loan conditions in; letter from Treasurer Burke re, ordered referred to Asst. Secretary Leffingwell
3/6
Northwestern National Bank of Minneapolis:
Application of, for power to purchase stock in
American Foreign Banking Corporation,
approved
1/11
Notes:
Eligibility of, secured by War Savings Stamps, for
rediscount; memo. of Counsel re,
6/10
Joint custody of, and responsibility in case of loss,
discussed at meeting of FRAgents with. Board
1/3
Legal tender; letter from Edward Stern to Secretary
of Treasury re new issue of; noted
1/30
Letter from Director Wilmeth of Bureau of Engraving
& Printing re using "fit" notes as long as
possible, road i Gov. Harding stating briefly
the situation
2/4
Member
Memo. from Gov. McCord. of Atlanta re time of
maturity of, falling due on legal holidays,
with opinion of Counsel re sane; ref. to Gov.
for consultation with Counsel
1/11
National Bank:
Memo. of Chief of Div. Jacobson re methods of
reporting, as float, and accompanying correspondence, read and ref. to aom't
3/15
Report of com't holding that, in hands of FRBanks,
should be treated as "float", approved
3/20
Pennsylvania B. R. Co. notes secured by Liberty Bonds;
facts re discount of, discussed, but no action
2/20
Redemption of one-year, maturing April 1, 1917; letter
from Asst. Sea, Leffingwell re, read and passed to
file
4/1
Secured by War Savings Stamps; memo. of Counsel re
discount of, approved for transmission
6/17
Novitzky, W., application of, for power for Mr. Khostchinzky
to take ;;12,000 currency to Russia, approved, subject
to assent of State Department
4/3
Oil Paper:
Telegram from Oklahoma banks re treatment of, noted 3/23
Oklahoma Banks:
Gov. requested to investigate cash payment situation
at,
5/3
from, re treatment of oil paper, noted
3/23
Old Colony Trust Co.
Letter from F. R. Hart of, re subscriptions to certificates; ref. to Gov. Harding with powsr
2/9
395
47
1022
336
138
162
45
446
477
270
546
1063
667
485
733
466
185
1,11
i
CMI
Page
Old National Bank of Spokane, :iashington:
Recommendation of com't that no action affecting
1/23
directors of, is needed, approved
Oliver Chilled Plough Works:
Letter from, re use of words "with attorney's fees"
4/15
in trade acceptances, read; ref. to com't
Open Market Bills:
Letter to Hon.John Burke from a correspondent in
North Dakota re purchase of, given for purchAse
3/20
of small tractors in North Dakota; noted
Owen, R. L., U. S. Senator:
Conference between, and Board, re proposed Foreign
2/11
Exdhans'e Bill, set for Fob. 14th.
Correspondence with, re licenses for exportation
3/8
of coin, currency and bullion, road
Letter from, re establishment of branches of national
banks; voted Gov. reply, approving Calder Bill,
2/6
S. 3214, on subject
Letter from, re classification of oil as security for
commodity paper, read and ref. to Gov. and Counsel
3/15
for reply
Letter from, re matter appearing in March Bulletin,
with draft of letter written by Sec. of Board to
3/15
Gov., read; Secretary's letter modified
Letter from, forwarding one from American National
Bank of Oklahoma City, re status of proposal to
5/20
establish branch in Oklahoma
an
of
nt
Letter from, with memo. , re establishme
Allied Banking Corporation, presented and order5/24
ed circulated
re
in
Washington
a
conference
Letter from, suggesting
5/24
proposed Oklahoma branch
foreign
on
hearings
current
of
Letter from, re reports
exchange; agreed to state that Board, through Gov.
Harding, would wish to appear before Senate Banking
Committee and have a daily stenographic copy of
6/20
testimony
discussed;
exchange,
foreign
re
of,
Recent speech
situation as affecting Board referred to executive
5/3
committee for preparation of memorandum
3/23
Oklahoma
in
branch
Telegram from, re
Padula, J. 11.
Report of committee holding that,as a private banker,
cannot serve as director of American National
6/25
Bank of Newark, N. J., approved
Paper:
Agricultural:
Gas engine generators of electrical currents not
5/29
considered as proper basis for eligible,
103
630
475
203
403
173
448
448
868
906-7
908
1086
738
485
1141
944
OXLII
Page
Paper:
Cattle:
Correspondence with Gov. Van Zandt, and between Tema
Cattle Raisers Association and Sea. of Treasury,
re status of, in Texas; presented and ref. to
Dallas com't
149
2/1
Letter from Senator Sheppard re situation as to,
994
6/5
Classification of Apple:
Letter from A. W. Stone re, discussed, and Secretary
directed to send reply in accordance with Board's
regulations
13
1/4
Classification of oil as security for commodity paper;
letter from Senator Owen re, read, and ref. to Gov.
and Counsel for reply
448
3/15
Cold Storage:
3.066
Additional memo. of Counsel re discounting of,
6/17
Discounting of; supplementary report re, tabled
1090
6/20
Discussion concerning proposed ruling re; no action
6/3
984 ,90
a#511270. of Counsel re discount of, discussed and ref.
5/27-31 930
'
3.140
uestion re discount of, ref. to J. P. Cotton
6/25
Report of com't re eligibility of, and minority report
on same, discussed and referred
1024
6/10
Report of com't recommending plan for discount of cold
storage warehouse paper; tabled
1005
6/7
Report of Mr. Hamlin re, tabled
994
6/5
Report on, tabled. on June 20th., again presented and
ref. to committee
1109
6/22
Commercial:
Custody of, and method of accounting therefor; draft
of letter to Goys. and FRAgents re same, read,
26
1/7
modified, and ref. back to Gov. Harding with approval
Custody and endorsement of eligible, held by FRAgents;
memo. of Counsel re, ref. to Gov. for consultation with
FRAgent Heath
431
3/13
Discount of, for industries classed as non-essential;
letter from James A. Zunts re,
1034
6/12
Eligibility of certain packing house paper; opinion of
Counsel re, presented, and ref. to Gov. for further
inquiry
516
3/27
Eligibility of tractor paper; question re, with memo. of
Counsel holding eligible, presented and acted upon,
515
3/27
Endorsement of,
Holding of paper by FRBanks for FRAgents; correspondence
re, and statement by Gov. Harding re situation as to
restrictive endorsements on same,
179
2/7
Memo. of Counsel re custody and endorsement of eligible
paper held by FRAgents; ref. to Gov. for consultation
with FRAgent Heath
431
3/13
Cm"
Page
Paper:
Endorsement of,
"Memo. of Counsel re, in favor of bAnks discounting
domestic acceptances, presented and ordered
2/1
referred to committee on Law
on
endorsement
restrictive
Memo. of Counsel re
paper placed by FRAgents with. FRBanks for
collection; agreed to ask Special Counsel
1/30
Cotton for opinion
endorsements
unrestricted
re
Hemp. of Counsel
on paper delivered to FaAgents, read and ref.
2/15
to committee
held
paper
on
endorsements
restrictive
of
':uestion
by FRAgents, considered; Counsel requested to
draw amendment to F. R. Act designed to protect
2/23
both FRAgents and Banks
Report of committee requiring, on paper presented
1/7
for collection at New York, approved
Unrestricted endorsements an FRAgents'; matter
referred to executive committee with poner to
formulate suitable amendment to FRAct and send
2/25
to Congressional authorities
Unrestricted endorsements on niAgents'; papers re,
presented, with proposed amendment to FRAct
providing for system of joint custody of paper held
2/25
to protect F. R. notes; amendment approved
Government obligation-secured.; advance of preferential
rate on, to 4, with corresponding advances in all
3/11
maturities; letter from Gov. Seay re, noted
Letter from Gov. flaCord of Atlanta re purchase of,fram
ERBank of New York, read, and general discussion re
distribution of paper among FRBanks ensued; agreed
3/29
letter re, be forwarded all FRBanks
on,
rates
re
Live stock; letter from FRAgent Ramsey
4/15
read and noted
ref.
5/27
storage,
cold
of
Memo. of Counsel re discount
re
Strong
application
Gov.
Lem°. of Counsel re letter of
of 10,; limitation on paper secured by Liberty Bonds;
1/30
ref. to Gov. for action
Of Cassidy Southwestern Commission Co.; letter re, to
Gov. Van Zandt, read and ordered transmitted as the
4/10
Board's ruling
Cudahy
by
use
in
Bros.;
Packing house acceptance paper
memo. of Counsel approving form of request and
5/8
indemnity for, read and accepted
.
Packing house; letter from FRBank of New York re large
linos of, and comments of examiners thereon as
6/10
"capital loans"; noted
153
140
230
277-78
23
287
289
421
534
628
930
139
602
764
1021
Page
Paper:
Secured by Liberty Bonds:
Garrett, T. G., letter from, inquiring as to rates
to be fixed for; ref. to Gov. for reply
1/25
Letter from Gov. Seay re large advances to member
banks currently being made on, read, and
reply agreed upon,
2/11
Telegram from Oklahoma banks re treatment of oil
paper; noted
3/23
Three-months; memo. of Chief of Statistical Div.
re practice of FRBank of New York in treating, as
"90-day paper"; practice approved
5/8
Par List:
Development of; report re, ordered circulated at meeting
of DIRAgents with Board
3/1
Extension of, at Atlanta:
Letter from Cashier J. B. Pike of Atlanta re, discussed, and ref. to Gov.
2/13
Letter from Cashier J. B. Pike of Atlanta re, ref.
to committee
2/27
Extension of, at FRBanks:
Letter from FRAgont Jay re, read and ref. to com't 3/15
Paris, Lyons and Mediterranean Railway:
Renewal of acceptance credit for; letters from Deputy
Gov. Treman of New York and Vice President Rovensky
of Nat. Bank of Commerce re, read and ref. to
com't
2/4
Passbooks of Depositors:
Memo. of Counsel against compulsory requirement for
presentation of, when making withdrawals from
savings accounts; disapproved
5/29
Patterson, Robert J., of Straw Hat Manufacturers' Association:
Letter from, presented
6/20
Pease, President Canadian Bankers' Association:'
Draft of letter to, re export of gold to Venezuela,
presented and approved for transmission
2/13
Pennsylvania Railway Company:
Notes of, secured by Liberty Bonds:
Facts re discount of, discussed, but no action
2/20
Peoples Trust ec Savings Bank of Perry, Iowa:
Conditions of admission modified
6/7
Perrin, John, F. R. Agent, San Francisco:
Correspondence with, re absorption of Lumberman's Nat.
Bank and date for paying dividends an its stock
by FRBank of San Francisco; ref. to com't
1/28
Correspondence with, re establishment of branch at Salt
Lake City, presented; tabled until after conference
of FRAgents an Feb. 26th.
2/9
112
203
485
7644
351
219
304
445
161
946
1086
217
270
1006
126
186
cav
Page
Perrin, John, F. R. Agent, San Francisco:
Correspondence with, re status of State banks in
California, read; San Francisco com't requested
2/9
to confer with Congressman Hayes
Letter from, to Representative Hayes of California
suggesting certain amendments to F. R. Act;
1/16
tabled
branch
of
establishment
for
Letter from, asking approval
of RBank of Salt Lake City; ref. to :a.. Yiller
1/30
for investigation
1/25
Letter from, re branch at Salt Lake City; noted.
Letter from, re treatrront of abraded gold coin at
1/28
'MBank of San Francisco; ordered circulated
Letter from, re possible conference of PRAgents,read;
2/1
tabled until Feb. 4th.
Letter from, re proposed conference of FRAgents;
2/4
agreed to call meeting on Feb. 26th.
Letter from, re rediscount of notes of member banks
secured by Govt. bonds, discussed; reply informal2/6
ly agreed upon,
Letter from, recommending amendment to F. R. Act; ref.
2/6
to executive com't
Letter from, reporting deficiency of ;;b2,400 in Fiscal
2/6
Agent's Dept.; ref. to Gov. Harding
Letter from, suggesting amendment to P. R. Act, dis2/7
cussed, and deemed inadvisable
Letter from, re absorption of loss on abraded gold;
2/13
read and noted
Letter fl'om, re purchase of land for "MBank of San
2/13
Francisco, read and noted
Letter from, re policy of FRBank of San Francisco as
2/20
to abraded gold, noted
Letter from, nominating T. H. Cromwell as an appointee
per month; appointment
4
in his department at ,,;300
4/1
confirmed
Letter from, re recovery of funds recently stolen from
4/12
MBank of San Francisco; read and noted
of
Bank
Italy
as
Agent
Letter from, re appointment of
of Alien Property Custodian, read; ordered trans4/15
mitted to Hon. :atchell Palmer
gold
from
accepting
PaBanks
Letter from, re question of
subject to promise of return under certain condi6/12
tions
Letter to, re question of returning to State banks
deposited gold left with MBank of San Francisco;
6/17
approved for transmission
Reluest from, to have F. R. notes and F. R. Bank notes
made interchangeable at sub-treasuries; proper
6/28
orders issued
185
70
140
116
126
149
161
174
174-75
173
179
214
214
267
542
610
628
1037
1059
1168-69
CXLVI
Page
Perrin, John, F. R. Agent, San Francisco:
Telegram from, re power of FRBanks to examiner non-member
banks with clearing accounts; :a.. Miller authorized
to wire Board's doubt as to legality of plan
1/16
Telegram from, suggesting plan for gathering abraded
gold into MBank of San Francisco; approved
1/25
Telegram from, re proposed branch at Salt Lake City;
matter suspended pending meeting of
Agents on
Feb. 26th.
2/4
Telegram from, re status of shipments from Hawaii, read
and referred to Counsel
2/9
Telegram from, re large holding of Treasury certificates
by New York and Cleveland Reserve Banks, considered;
ref. to Li.. Killer for reply
2/15
Telegram from, re conference of California State banks
considering membership in Federal Reserve System;
agreed on April 8th. as date for interview with
committee representing,
3/23
Telegram from, stating MBank of San Francisco had had
opportunity to =spire considerable volume of
abraded gold; ref. to Gov. for reply
3/23
Telegrams from, re appointment of directors at Salt
Lake City branch, and recommending G. G. Wright
and W. H. 'iattis as; ref. to executive comot
with power
4/1
Telegram from, re efforts of Emergency Fleet Corporation
to obtain high interest on deposits from bank in
Tacoma, Washington; ref. to Gov. Harding
4/6
Telegram from, announcing adoption of Board's suggested
rates, read and rates approved for Jan Francisco 4/8
Telegram from, re high interest demanded by Emergency
Fleet Corporation from a national bank of Tacoma,
aohington, read and discussed; ref. to Gov.
Harding for communication with Emergency Fleet
Corporation
4/10
Telegram from, re purchase of additional land for FRBank
of San Francisco at .,:;40,000; authorized
5/6
Telegram from, re bringing of a test case as to taxation
of bank deposits in California; referred to
Counsel
5/29
Telegram from, re making F. R. notes and F. R. Bank
notes interchangeable
6/27
Peruvian Situation:
Letter from Mercantile Bank of the Americas re,
presented, and ordered circulated
3/11
Phelps Dodge Corporation:
Letter from, to C. H. Bates, re supplying gold for export by FRBanks, read; ref. to Mr. Warburg
2/1
69
113
163
186
233
487
466
546
563
591
602
751
940
1158
413
151
CXLVII
Page
Philadelphia Board of Trade:
Letter from, re ,uestion of trade acceptances and
3/29
rates thereon, noted
Philadelphia Lodger:
,luestion advanced by representative of, re alleged withdrawal of Gov. Rhoads on account of irregularities
at FRBank of Philadelphia; Er. Hamlin to take up
1/28
matter with Attorney General's office
Philadelphia National Bank:
Agreed that Comptroller request statement from, of
5/6
foreign exchange profits made at its branches
report
Act;
Status of directors of, under Clayton
1/9
of aomit re, approved
Pierson, L. E.
Letter from Er. Warburg to, re trade acceptance
4/26
situation, read
in
Juno
FRSystem
participation
of
from,
re
Letter
mooting of Trade Acceptance Council; informally
5/27
discussed
Pike, J. B., of F. R. Bank of Atlanta:
Letter from, re extension of par list, read, discussed,
2/13
and referred to Gov.
Pittman Bill:
Tentative allotment to each FRBank of P. R. Bank notes
4/23
to be issued under; approved
Pledging and Endorsement of Paper at F. R. Banks:
Report on, discussed, and voted to adopt recommendations
1/4
of examiner Broderick
Polk, Hon. Frank L., Counsellor of State Department:
2/7
Letter from, re exportation of gold to L:Oxi30, and
stating attitude of State Dept. re, read and noted
2A2
Letter from, re :;old shipments to ::e_dco
Pomeroy, D.
of New York:
Letter from, re high interest on bank deposits, and
4/12
reply of 'Joy., read and approved
Ponce, Porto ai30:
1;stablishment of sub-br:inch of Nat. City Bank of Now
2/13
York at, approved
Poole (Consul at ::oscow):
6/3
Dispatch from, ro financial conditions in Russia,
Porto Rico:
Application of Nat. City Bank of New York for permission
to establish branch and sub-branches in, presented.
2/9
ref. to com't and Counsel
establish
of
New
York
to
National
City
Bank
of
Application
2/13
branch and sub-branches in, approved
l'ost, Asst. F. R. Agent, Philadelphia:
Letter from, giving names of officers authorized to
witness delivery of F. R. notes; read and noted 3/8
533
124
751
36
695
929-30
219
675-76
13-17
177
206
610
214-216
981
185-86
214-216
405
rage
Postal Deposits:
In member banks; letter from MBank of Idinneapolis
re, ref. to Gov. with power
9/23
Postmaster, Attleboro, Mass.
Letter from, re licenses for certain shipments of
jewelry held by him; ref. to War Trade Board
1/18
Powers of Attorney:
Letters re, to be filed by FRBanks re hypothecation
of Govt. notes and bonds to protect FRBank
notes
6/3
Proposed telegram of reply to certain questions asked
by MBank of Cleveland re use of; authorized
6/3
Report of com't adverse to use of, in lieu of endorsement, approved
1/7
Report of Lir. Hamlin re legality of accepting from
member banks in lieu of endorsements
1/2
President Wilson:
Letter from, dated Juno 7th., re exchange agreement of
llusher & Co., read
6/10
Press Statements:
Foreign Exchange Instructions:
Statement re, read, and authorized for issue
2/7
Priorities Committee (See also Capital Issues):
Title changed to Capital Issues Committee
1/30
Private Wire Service between F. R. Banks:
Letter from Gov. LIcDougal re, read and noted
4/8
Report of Mr. Delano re, read, discussed and adopted 4/20
Salary and expense adjustments re installation of,
approved
6/5
Statqmant by Mr. Delano that same is in process of
installation
6/3
Private Wire Service between P. R. Board and F. R. Banks:
See Leased Wire System:
Private Wire Service between Treasury & F. R. Banks:
Letter from Asst. Secretary of Treasury Leffingwell re,5A
Public Funds:
Letter from Senator Wadsworth re deposits of, in
FRBanks; ref. to executive committee
1/2
Fuelicher, J. H.; letter from, re effort of T. J. Sweeney
to cooperate in obtaining new members
1/21
Purchasing Power of the Dollar:
Letter from H. J. Foley re, presented and ref. to
Gov. with power
4/29
quarthrs, F. R. Board:
Board. Room:
Designation of room in Treasury building as,
approved
3/20
279
76
982
962
23
5
1017
180
136
592
659
993
982
746
5
92
706
475
Page
uarters, F. R. Board:
Div. of Audit & Examination:
Memo. of W. M. Imlay re changes in, read and
1/25
changes ordered put into effect
Bank
Metropolitan
in
Form of assignment of space
Building previously authorized, presented and
5/29
noted
Building,
Bank
Metropolitan
Lease of space in
1/18
authorized
Building,
Bank
Metropolitan
in
room
Lease of storage
3/1
authorized
into
5/22
effect
put
ordered
of,
arrangement
summer
Usual
Warburg, Paul L., informal report by, re obtaining
1/21
certain rooms in Treasury Bldg.
Railroad Companies:
Letter from J. Y. Curtis re eligibility of ninety-day
3/8
notes of, presented; Board favorable
Use of trade acceptances by; letter from Mr. Warburg
to Gov. Harding favoring, under certain conditions, read; Board in harmony with principle of,3/8
Ramsay, Asa E., F. R. Agent, Kansas City:
Letter from, re taking over duties of office; referred
to committee for renort as to audit of Agent's
1/11
accounts
Omaha
Letter from, stating selection of directors at
and Denver by FRBank of Kansas City, read and
1/30
noted
special
examiners,
of
Letter from, re designation
presented; Messrs. Thompson & Phillips of
Kansas City Bank being approved as, when named
2/6
by directors
Letter from, re loss of *1400 in F. R. notes sent to
Denver branch; referred to Gov. Harding for
2/15
discussion with Comptroller
Letter from, re reserve holdings of San Juan Co.
National Bank of Farmington, New Mexico, presented;
2/20
referred back to Gov. for action
Letter from, re new site for Kansas City Bank; ref.
4/1
to committee for report
Letter from, re appointment of D. O. Moles as Asst.
4/8
FRAgent at Denver; referred to committee
Letter from, re application of present clearing rules
5/6
in Kansas City, discussed and acted. upon
5/22
Letter from, re discount situation at KAnsas City
Telegram from, re recent schedule of rates; rate for
Kansas City Bank on trade acceptances fixed at
4/8
4,1%, and ninety-day commercial rate at 4-2,'L
Telegram from, urging increase of rates on trade
5/13
acceptances; discussed
113
940
82
362
896
94
409
409
46
138
172
229
267
542
591-92
747
895
591
799
CL
Faav
Ramsey, Wm. F., FRAgent, Dallas:
Letter from, re proposed branch at El Paso; referred
to Dallas committee for formal report
1/2
Letter from, re membership in Dallas district, read
and noted
1/25
Letter from, ro organization for sale of certificates
of indebtedness, read and noted
1/25
Letter from, re establishment of branch at El Paso;
referred to Dallas committee
1/28
Letter from, re defalcation at FRBank of Dallas,
presented with report by Gov. Harding re organization of Liberty Loan Dept. of said Bank; ref.
back to Gov.
1/30
Letter from, recommending appointment of R. E. Chambers
as special examiner of applying members; appointment approved
2/4
Letter from, re designation of First National Bank of
Amarillo, Texas, as agent for non-member banks
in discounting; voted to ask for banks represented
before taking action
2/6
Letter from, re possible application of American Trust
& Savings Bank of Albuquerque, New Mello°, read;
no objections found
2/11
Letter from, re recent defalcation at FRBank of Dallas;
read and noted
2/11
Letter from, enclosing one from A. E. Upton of Denver,
Colorado, re capital reiuirements of member
banks; read and discussed
3/18
Letter from, forwarding application of First National
Bank of Amarillo, Texas, for power to act as
agent in securing rediscounts, read and referred
to Gov. for report
3/18
Letter from, re conditions an directorate of El Paso
branch, read and noted
4/8
Letter from, re appointment of directors at El Paso,
and discount situation at Dallas, noted
4/15
Letter from, re general question of rates, and especially an live stock paper;read and noted
4/15
Letter from, re membership of The American State Bank
of Durant, Oklahoma, and population of town,
real; ordered Federal Census be used as guide in
determining eligibility
4/15
Letter from, re volume of currency available for
redenntion now an hand; mad and noted
4/15
Letter from, re charging off of part of cost of bank
building at Dallas
5/15
Letter from, recommending bond of ,50,000 for Asst.
FRAgent at El Paso; approved
5/20
Letter from, re discount rate increases, referred
5/29
3
115
113
126
139
163
172
203
2014
464
464
592
626
626
62
'
6 g9
626
822
871
945
CLI
Page
2., F. R. Agent, Dallas:
Letter from, re eligibility of local road bonds to
protect Govt. deposits; ref. to Asst. Sec.
6/10
Leffincwell of Treasury
Telegram from, asking Board's decision re branch at
El Paso, discussed.; matter deferred until after
2/4
meeting of FRAgents, Feb. 26th.
Telegram from, re question of drought relief, read;
Gov. ordered to telegraph Deputy Gov, Hoopes to
3/1
render all assistance possible, locally
Telegram from, re organization of El Paso branch;
3/13
branch by-laws already submitted, approved
Telegrams from, re directorate of El Paso branch,read;
election of directors ordered docketed for
3/15-18
March 20th.
be
to
absent
Telegram from, requesting permission
5/24
from Dallas an personal business; granted
Rates
See Interest
Rates of Interest:
Raw Silk Association:
Resolution of, naming cash or trade acceptances as
6/10
future basis of sales, read by Yr. Warburg
Red Cross:
Letter from Deputy Gov. Hardt of Philadelphia asking
if Reserve Banks may subscribe to; not
5/22
authorized
National
Bank
Notes:
Redemption of
Correspondence between Gov. Strong and President
C. A. Hinsch re, presented; ref. to Mr. Miller 2/13
Rediseounts:
Agent in securing;
Adverse report by Gov. Harding re application of
First Nat. Bank of Amarillo, Texas, to act
as; agreed to discuss at conference of Goys.
3/20
on March 22nd.
Letter from FRAgent Ramsey forwarding application
of First National Bank of Amarillo, Texas,
for power to act as; ref. to Gov,' for
3/18
report
Letter from Gov. Harding to FRAgent Ramsey declining
application of First Nate Bank of Amarillo,
Texas, for power to act as; approved., and
3/23
application accordingly declined
F. R. Bnnk of Boston:
Telegram from Gov. Harding to, asking rediscount
6/27
for FRBank of Richmond; approved
P. R. Bank of Chicago:
Telegram from Gov. Harding to, asking rediscount
for FRBank of Richmond; approved
6/27
Ramsey, W114
1020
163-64
366
435
446-463
911
1024
896
214
474
464
485
1157
1156
CLII
Page
Rediscounts:
F. R. Bank of Cleveland:
Telegram from Gov. Harding to, asking rediscount
for iaBank of Riahmond; approved
6/27
Telegram from Vice Gov. Warburg to, asking rediscount for FRBank of Dallas; action
ratified
6/17
F. R. Bank of Dallas:
Telegram from, asking rediscount; referred to Vice
Gov. with power,
6/14
Telegram from Vice Gov. Warburg to, re instructions
sent Cleveland to rediscount for; action
ratified
6/17
F. R. Bank of Kansas City:
%iuestion of requesting, to apply to other FRBanks
for suitable rediscount accommodations, ref.
to executive committee with power
6/12
Telegram requesting rediscounts for, sent to
Monks of Chicago and Cleveland; approved 6/14
F. R. Bank of Philadelphia:,
Telegram to, asking rediscount for MBank of
Richmond; approved
6/27
F. R. Bank of Richmond:
Telegram to, authorized, re rediscounts for, by
YRBanks of Boston, Philadelphia, Cleveland,
Chicago, and San Francisco
5/17
Telegram to, re rediscounts for, by ERBanks of
Cleveland, Chicago, Boston, and Philadelphia;
approved.
6/27
Letter from RAgent Curtiss re privilege of rediscounting
obligations of non-member banks and their customers;
reply authorized
3/29
Letter from FRAgent Perrin re rediscounts of notes of
member banks secured by Govt. bonds, discussed;
reply informally agreed upon,
2/6
Letter from Gov. Lorss re basis of computing interest
on, between FRBanks; voted computations be made
on basis of 365 days to year
1/30
Letters re rediscounting of bill of lading drafts;
ref. to Secretary for reply
4/26
Memo. of Statistician re publication of data showing,
among FRBanks; data approved for semi-annual
publication
6/14
Ninety-day rates; Gov, authorized to inform FRBanks
that Board is ready to approve, up to 5;;
4/2
Opinion of Counsel as to eligibility of rediscount of
paper of Securities Corporations dealing in
automobile paper; ref. to Gov. to prepare letter
stating Board holds ineligible
1/16
1157
1056
'
459
1048
1056
'
49
1033
1041
1157
835
1156
534
174
137
695
1049°6°
550
69
CLIII
Page
Rediscounts:
6/17
question of, considered
presented;
re,
Rates; letter from FRAgent Jay
4/2
plan suggested, approved
Phila.,
Minneapolis,
of
FRBanks
Recommendation that
and Chicago rediscount for MBank of Richmond,
4/17
approved
from
re,
memo.
RBanks;
Redistribution of, among
Div. of Statistics, submitted; voted to relieve
Richmond of %;;10,000,000 of discounted paper and
2/13
redistribute
Cleveland,
Philadelphia,
Boston,
of
Telegram to FRBanks
Chicago, and San Francisco, authorized, re re5/17
discounting for FRBank of Richmond
Registration Certificates:
Agreed that Mr. Kent cooperate with War Intelligence
Bureau and have all mail re, sorted and censored
1/3
by special corps of men
Renewal of Acceptance Credits:
Draft of letter to Gov. Strong in re, submitted by
Mr. Warburg, ordered circulated before being
2/4
officially transmitted
Draft of letter to Gov. Strong re Board's policy re,
2/6
in New York; approved for transmission
L:DMO, of Mr. 'Jarburg recommending, in cases of certain
2/13
French railway; ref. to comit
Report by Mr. Warburg re situation as to, in New York;
with letters from Gov. Strong re, discussed; Mr.
2/1
Warburg to draft reply
Reports:
Annual Report of Board:
Proposed changes in, recommended by Secretary of
1/16
Treasury, adopted
1/18
Voted to transmit, to Speaker of House of Rep.
Annual Report of Comptroller of the Currency:
Advance copy of, presented; exception taken to
recommendation in favor of guarantee of certain
1/26
bank deposits under specified conditions
National Bank:
1/7
Board's policy re,
State Bank:
Letter from FRAgent Hardy re, road, noted,and
1/7
referred to Gov. Harding for reply
Reports of Dividends:
Agent Austin re reports of State member
Letter from
dividends in Philadelphia; voted to authorize
reporting of dividends for usual periods observed
1/9
by members
1058
550
645-46
219
834-35
8
164
174
214
153
78
78
119-20
22
22
34
CLIV
Research Division of Board:
ci!uestion presented by Gov. Harding re organization of;
discussed and referred to committee
5/31
Reserve Cities:
See Central Reserve & Reserve Cities
Reserve City Banks:
Disposition of, to bid unreasonably for bank balances,
subject of telegrams received from The Callaway
Bankers Association of Fulton, No.; discussed
3/15
Reserve Deficiencies.:
Telegram from FRBank of Chicago asking if new State
members should be penalized for,
6/28
Reserve Legislation:
Report of committee recommending Gov. Harding communicate withil. N. Randolph of FRBank of Atlanta re
proposed, along same lines as adopted in Pa.;
approved
1/28
Reserve Percentages:
Letter from Gov. McDougal re, for small banks within
corporate limits of Chicago; noted
1/21
Reserves:
Brooklyn national banks; report of Gov. Harding re
conversation with officers of FRBank of New York
re status of reserves of,
1/30
Deficiencies:
National Bank of Stapleton; correspondence between,
and Comptroller, re deficient reserves,prosanted; matter ordered brought to attention of
'MBank of New York with instructions to comply
with law
4/12
Discussion re rate and reserve conditions at FRBanka 5/10
Letter from J. B. Forgan re reserves graduated on basis
of different classes of daposits; noted
1/21
San Juan County National Bank of Farmington, New Mexico:
Letter from FRAgent Ramsay re reserve holdings of,
presented, and ref. back to Gov, for action 2/20
Restrictive Endorsements an Paper:
4pestion of, on paper held by FRAgents, considered;
Counsel requested to draw amendment to FRAct designed
to protect both ERAgents and Banks
2/23
Revised Statutes:
Letter from Georgia National Bank re amendment of Section
5200 of; referred to Counsel
6/27
Reynolds, George LI., of Chicago:
Telegram from, re payment of rates on bank balances,
and referring to proposed action by New York
3/6
Clearing House Committee; ref. to executive com't
Rhoads, Charles J., Gov., FRBank of Philadelphia:
Letter from, re possible loss of certain securities;
ref. to Lai. Broderick for report
1/9
963
445
1168
128
94
137
610
764
92-
261
277-18
1156
393-94
34
CLV
Page
Rhoads, Charles J., Gov., MBank of Philadelphia:
Letters from, reporting recovery of lost shipment of
bonds, and matter of moving into new quarters,
presented; ordered brotujht to attention of Gov.
2/1
Harding
Rich, John H., F. R. Agent, Minneapolis:
Correspondence with, re payment of Liberty Loan
2/9
expenses, road and ref. to Minneapolis comIt
Letter from, reporting situation in ninth district
1/16
as to supply of seed corn, read
Letter from, suggesting copies of telegramn sent by
Treasury Dept. to banks be furnished to FRAgents;
1/16
ref. to com't
Letter from, requesting copies of communications re
Liberty Loan Campaign forwarded Goys. of PRBanks,
be sent to FRAgonts, agreed to, also vice versa 1/17
Letter from, re sales of certificates of indebtedness
2/18
in ninth district, noted
in
Lotter from, re spring wheat planting situation
ninth district, presented and ref. to Minnoapolis
2/20
committee
its
and
rates
in
interest
Letter from, ro advance
3/18
probable result, noted
in
departments
savings
of
organization
Letter from, re
3/18
national banks, noted
of
subscriptions
current
re
data
giving
Letter from,
4/8
banks to last Liberty Loan, read and noted
Company:
Banking
Robertson
Letter from, asking Board's position re guaranty of
6/27
bank deposits
Roper, Daniel C., Commissioner of Internal Revenue:
Letter from, re absorption of stamp tax on fifteen day
notes by FRBanks, read and discussed; no action 3/15
Rowe, L. 3., Asst. Secretary of the Treasury:
Letter from, in re licenses for certain letters of credit;
1/7
ref. to Mr. Kent for report
Letter from, ro exchange arrangements with Argentina;
voted to transmit substance of letter and accompany1/9
ing documents to Gov., FRBank of New York
Royal Bank of Canada:
Letter from, re shipment of gold to Venezuela, replying
to letter of Gov. Harding; copy ordered sent to 2/21
Nat. City Bank and Mercantile Bank of the Americas
Rupee Dxchange:
Correspondence with Asst. Sec. of Treasury Loffingwoll
re additional credit of 10,000,000 rupees; ref.
1/9
to Mr. Kent for action
Lotter from Asst. Sec. Loffingwoll ro conditions under
6/20
which rupee exchange is provided
149
190
68
68
75
253
267
462
462
591
1150
445-46
22
36-37
274
33
1087
CLVI
Page
Rupee Exchange:
Letter from Deputy Gov. Case of New York accepting new
plan of,
6/27
Motion to pro-rate profits growing out of rupee operations, among banks ordering rupees; approved
1/18
Price of, fixed,per recommendation contained in letter
from Asst. Sec. Leffingwell
6/22
Telegram from Calkins, MBank of San Francisco, re
rupee exchange for Ames, Harris, Neville Co.,
2/1
noted
Telegram from Deputy Gov. Calkins of San Francisco re,
read and discussed; ref. to Mr. ';harburg for
reply
2/1
Russell, C. A., resignation accepted
2/6
Russian Rubles:
Letter from Col. R. H. Van Doman transmitting correspondence re arbitrage operations in; ref.
5/27
Memo, from Dept. of State transmitting cable re export
of,
6/22
Rutter, President of Spokane & Eastern Trust Co.
Paper from, presented by Mr. Miller, read ara discussed
5/1
Sacramento "Bee":
Letter from Editor of, re publication of names of banks
subscribing to Treasury certificates, read and ref.
to 11r. 1:iller
4/15
Safe, belonging to Board:
Loaning of, to Comptroller of Currency; statement by
Gov. Harding re,
3/23
Sailer, L. F., Deputy Gov., F. R. Bank of New York:
Lotter from, re sundry minor financial irregularities
at tBank of Now York; read and noted
1/25
Salaries:
See under Staff of F. R. Board
"
F. R. Agents
"
Examiners
It
" F. R. Banks
Sale of Securities:
Letter from FRAgont Jay, outlining plan for, ordered
mimeographed and circulated among Reserve Banks 3/6
Sales of Public Lands:
Letter from Gov. J. 2. Miller re form of payments for,
required by Secretary of the Interior
5/6
San Juan Co. National Bank of Farmington, New Mexico:
Letter from FRAgent Ramsay re reserve holdings of,
presented and ref. back to Gov. for action
2/20
San JPAD, Porto Rico:
Establishment of branch of National City Bank of New
York at, approired
2/13
11515*Z6
77
1109
146
151
173
930
1100
720.41
630
467
112
396
748
267
214-0
CLVII
Page
Savings Accounts:
Letter from 2RAgent Hardy re proposed changes in
definition of, read, and voted to continue
1/25
present regulations
Letters submitted re proposed changes in ilassifi1/2
cation of,
Jtatus of, at Jilmin7ton, Delaware:
::e. of Counsel re, presented and ref. to
2"//1
committee on Law
lame. of Counsel re, presented and ref. to com't
2/15
;3 for publication, if approved
Savings Banks:
status of, in California:
Liemo. of Counsel re proposed legislation re; ref.
2/2
to executive committee
Savings Deposit Regulations:
:emo. of Counsel re suggested amendment to; ref. to
2/20
executive committee for report
savings Deposits:
Letter from ZaAgent Austin re definition of, in
1/30
Philadelphia; ref. to Gov. with po;,er
Letter from FRAgent Hardy asking modification of Board's
rules re; agreed present rules must be main6/20
tained
Scandinavian Trust Co.
Agreed that Gov. write, requesting reduction of loans
5/8
of Director Lindberg to reasonable figures
Sears & Hichols Canning Co. of Chillicothe, Ohio:
Proposed letter re, and their bank credit accommodation,,
4/8
read, modified, and ordered transmitted
of
Seay, George J., Gov., 2RBank
Richmond:
Correspondence with, re organization of Baltimore branch;
referred to Richmond committee for personnel, and
1/28
committee 41 for salaries
Letter from, re placing of certificates of indebtedness,
1/21
noted
Letter from, re large advances to member banks currently
being made on paper secured by Liberty 3onds,read;
2/11
substance of reply agreed upon,
Letter from, re advance of preferential rate on Govt.
(..;, with corresponding
obligation-secured paper to 4"
3/11
advances in all maturities; noted
Letter from, re collection charges an member bank
5/29
items; referred
Lotter from, re deposit of one year notes as security
for F. R. Bank notes, read; Counsel to prepare
j/29
form covering pledging of such notes
Letter from, re luestion of conditions surrounding
6/5
deposit of income and excess profits taxes
113
149
230
287
267
137
1087
765
593
126
93
203
421
941
945
994
CLVIII
Page
Seay, George J., Gov., P. R. Bank of Richmond:
Letter from, re conditions governing sale of Treasury
certificates of indebtedness; ref. to executive
com't, together with question of revision of
rate schedule
6/20
Letter from, re statement as to FRBanks rendering aid
in placing Treasury certificates
6/22
Letter from, suggesting discussion at coming conference
of Governors of question of volume of loans of
members to non-members; approved.
6/27
Uotice from, of opening of Baltimore branch on March
1st., laid before Board
3/1
Second National Bank of New York:
Report of committee recommending granting of power to
accept up to 100,*; of capital and surp1us,approved1/21
Secret Service Division of the Treasury:
Report of, re recovery of lost Liberty Bonds at Boston,
presented. and. referred.
6/5
Secretary of State,Lansing:
Communication from, transmitting telegram from Collector
Cobb, re export of gold. from the United States
1/18
Letter from, to Gov. Harding, re shipment of gold. to
Mexico, read. and. noted
2/2
Letter from, re financing of Cuban sugar crop; entered
in minutes
2/13
Letter from, transmitting Havana newspapers containing2/15
notices of gold embargo, submitted for information
Letter from, transmitting certified copies of correspondence re Argentine Exchange agreement, noted.;
copies ordered. sent
3/2
Letter from, transmitting dispatch from Consul General
at Hongkong re effect of FRBa.nking System on
Eastern banking; read. and noted
4/17
Letter from, with copy of telegram from American Consul
at Chihuahua, Mexico, requesting euport license 5/14
for 410,000 American gold. coin; reply authorized
Memo. from (with copy of telegram from Collector Cobb,
El Paso) re shipments of unused balances on
licenses authorizing shipment of gold. to Mexico;
voted to revoke authority given Jan. 11th.
1/16
Liemo, of, transmitting dispatch from American Consul
at Bradford, England; noted.
5/20
Secretary of the Interior:
Form of payments for sales of public lands required by;
letter from Gov. J. Z. Miller re,
5/6
Secretary of the Treasury,
G. McAdoo:
Letter from, asking Board to pass on applications for
issue of new securities, with copy of proposed.
press statement
1/11
1081
1113
1154
362-63
69
992
82
154
221
'
228
368
642
81
65
871
748
45
CLIX
Page
Secretary of the Treasury, Wm. G. McAdoo:
Letter from, forwarding one from Secretary of State,
re financing of Cuban sugar crop; entered in
2/13
minutes
alienon
tax
Letter from, re withholding of income
owned deposits held in American banks; copy
2/15
ordered sent all FRBanks
Finance
aar
to
amendment
in
changes
Letter from, re
Corporation Bill, with reply of Board concurring
in elimination, therefrom, of open market power 3/1
Letter to, requesting a certain sum for expenses of
Div. of Foreign Exchange, to June 20th., 1918,
3/23
approved
Letter to, authorized, explaining situation re export
of gold to Mexico under present policy of State
3/26
Dept,
Secretary of War:
Llemo, from, re rate of exchange for francs in France 4/5
Securities:
Applications for issue of new; letter from Secretary
of Treasury requesting Board to pass on, together
with copy of proposed press statement; ref. to
1/11
o;:eoutive committee for reply
Inquiry by Mr. Strauss re shipment of, to Northern
1/3
Neutrals
,Letter from Gov. idorss containing suggestions re inventory of, held to protect Treasury deposits . 5/6
Sale of; letter from FRAgont Jay outlining plan
for, ordered mimeographed and circulated among
3/6
the Reserve Banks
Securities Corporations Dealing in Automobile Paper:
Opinion of Counsel as to eligibility for rediscount
of paper of; ref. to Gov. to prepare letter
1/16
stating Board holds ineligible
Security National Bank of Dallas:
Permission to purchase stock in American Foreign
1/28
Banking Corporation, granted
Senate Banking Committee:
Letter from Senator Owen re reports of current hearings
on foreign exchange; to advise that Board, through •
Gov., would wish to appear before, and have daily
6/20
stenographic copies of testimony
,..uestion of reports of proceedings at hearings of, re
foreign exchange, discussed; Gov. to write asking
6/17
for early reports
Service Charges:
Attention called to newspaper article re abolition of,
5/15
at iltBanks, originating in Philadelphia
220-21
229-30
361-62
485
509
566
45
8
749
395
69
127
1086
1062
821
CLX
Page
Service Charges:
Changes in collection and service charge system at
ERBanks; report of com't re, read and approved
with slight amendrents
4/5
Letter from Gov. McDougal notifying of reduction of,
at Chicago
1/9
Letter from Gov. Strong re abolition of, noted
4/12
Letter from Gov. Van Zandt re introduction of new
plan as to, read and noted
4/12
Opinion of Attorney General re question of abolishing,
brought before executive committee; ref. to Mr.
Delano for report to Board
4/2
Proposed reduction in, at Chicago, adopted
1/11
Publication of Attorney General's recent opinion re
service charges and clearing, discussed; no
action
4/5
, uestion of abolishing, ref. to executive com't
4/1
Shafroth Bill:
Report by Gov. Harding of message received from
Cincinnati re effect of, on State member banks
5/13
Shaw, A. W., of Comnercial Economy Board:
Letter from, asking Board's assistance in study of
extent to which civilian consumption is being
curtailed; ref. to com't with power
3/11
Sheppard, norris,(Senator) of Texas:
Letter from, forwarding proposed amendments to AlAct
suggested by Dallas Clearing House
.
3/29
Letter from, re cattle paper situation
6/5
Silver:
Bill for sale of, held by Treasury, presented; voted
to reconsider action already taken in re; also
draft of letter to Mr. Jtrauss approved, subject
to minor changes
2/9
Copy of dispatch from Chamberlain to State Dept. re
Mexican Govt. purchases of, read and noted
4/11
Letter from Asst. Sec. Leffingwell re melting of standard
silver dollars and other phases of silver retirerant operation; acted upon
5/3
Letter from Albert Strauss re use of, behind silver
certificates, with copy of proposed bill on
subject, read; substitute measure embodying Board's
views drafted by Mr. Hamlin; matter tabled until
return of Gov. Harding
1/28
Memorandum of Counsel re bill proposed by Er. Strauss
for sale of,
1/11
Proposed bill for sale of Treasury; question of Board's
attitude re, considered; letter re Board's position
re suggested issue of FRBank notes, presented by nr.
Delano,modified,and approved for transmission
2/13
74
35
611
612
550-5/
51
flgA0
607
420
531
994
184°
607
735
10
46
219
CLXI
Page
Silver:
Report of com't as to 1130 of, now held behind
certificates, made special order for meeting
1/21
of Jan. 23rd.
discussed,
presented,
of,
sale
Report of comIt re
and voted upon; ref. back to com't,with
1/23
aid of Counsel
Shipment of,
Letter from War Trade Board to rr. Strauss
stating no objection to shipment of
456 kilos silver by Dr. Fritzjof Namsen to
1/30
Norway, road and approved by Board
inquiring
Co.
Standard
Oil
from
letter
Mexico;
To
as to Board's policy re shipments by them of
2/8
silver coin; approved
Statement by Mr. Strauss re sales of silver held behind
1/12
silver certificates
Silver Certificates:
Law for withdrawal of, and breaking up of dollars held
behind them into bullion, taken under advisement;
methods of procedure re application of law dis4/22
cussed and agreed upon,
Letter from Asst. Soc. of Treasury Leffingwell re
retirement of, and replacement by FRBank notes
4/23
under provisions of Pittman Bill, presented
Letter from Gov. Libras of Boston re replacing of, by
5/24
MBank notes or F. R. notes
Letter from Albert Strauss re Use of silver behind,
with copy of proposed bill on subject, read;
substitute measure embodying Board's views drafted
by Mr. Hamlin; matter tabled until return of Gov.
1/28
Harding
Report of committee re use of silver held behind, made
1/21
special order for meeting of Jan. 23rd.
Statement by Ur. Strauss re sales of silver hold
1/11
behind
silver Purchase Bill:
Board's attitude re, considered; also draft letter
stating Board's position re suggested issue of
FRBank notes, presented by Lir. Delano, modified,
2/13
and approved for transmission
2/4
Made special order for meeting of Feb. 6th.
Presentation of, together with draft of letter to La*.
Strauss purporting to give Board's views on same;
2/6
tabled until Feb, 8th.
Presentation of; voted to reconsider action already
taken re proposed plan for sale of silver; also
draft of letter to Mr. Strauss approved, subject
2/9
to minor changes
94
100
134
181-82
54
671-72
675
907
125
94
54
219-20
164
172
184-85
CLXII
Page
Simmons, Wallace D„ telegram from, re trade acceptances,
4/8
presented, and reply of Gov. Harding approved
Sioux City Clearing House Association:
Letter from, re status of Western Iowa as part of
4/10
Chicago district, road and noted
Small State Banks:
Admission of; letter from Rep. H. P. Dupre re, read;
reply agreed upon,
3/8
Smith, Marcus A., Senator from Arizona:
Hearing before executive committee re export of gold
to Mexico for payment of duty on Mexican cattle
imported into the United States
3/26
Smith, President of Texas Bankers' Association:
Telegram from, re cargo apace for shipment of cotton;
referred back to Gov.
4/12
Somerville National Bank:
Consolidation of, with Somerville Trust Co.; memo.
of Counsel re procedure in,
5/20
Transmission of letter re proposed consolidation of,
and Somerville Trust Co., approved
5/24
Somerville Trust Co.
Transmission of letter re proposed consolidation of,
and Somerville National Bank, approved
5/21
Southern Commercial Congress:
Memo, of remarks to be made by Gov. Harding at dinner
of, on March 18th., read
3/18
Speakers Liberty Loan Bureau:
Invitations from, to Messrs. Hamlin and Delano, to make
tours to assist in placing bonds; acceptance
authorized
3/6
Special Agencies:
Memo. of Counsel re power of Board to establish,
6/22
Special Statistician:
Designation of David A. Friday as, approved
3/11
Spokane & Eastern Trust Co.
Paper from President Rutter of, presented and dis—
cussed
5/1
Spring 'Wheat Planting Situation:
Letter from
Agent Rich re, in ninth district,
presented and referred to Minneapolis com't
2/20
Springfield National Bank:
Permission to purchase stock in American Foreign
Banking Corporation, granted
2/18
Staff of F. R. Board:
Assistant file clerk of Board assigned to service of
Capital Issues com't, temporarily
3/28
Assistant Secretary:
Adelson, L. C., elected as, at '5,000 per annum,
effective May 1st.
4/12
Imlay, J.11., appointment as Acting, approved
2/11
Question of assistant secretaryship considered;
no action
4/8
590
602
406-4
508
613-
870
909
909
466
397
11,14
421.'
°
720
'
Jj
'
267
254
524
606
201
593
CLXIII
Page
Staff of F. R. Board:
Cerceo, Alfred, appointrent as stenographer for one
1/18
week at 05.00 per day, authorized
Chief Clerk:
Stuart, Nelson, desi6nation as, at salary of
2,700 per annum, effective July 1st.,
4/24
approved
Counsel's Office:
Cox, W. 2., increase in salary of, to :,)1,650 per
1/16
annum, approved
memorandum
Cox, W. 2., resiolation presented in
1/4
from Counsel; ref. to com't 41
Croghan,
successor
to
Mrs.
Memo. of Counsel re
with report from Mr. Delano re same; ref. to
1/4
counnittee with power to act
Deputy :fiscal Agent:
Burklin, R. It., appointrent as, at :150 per month,
5/17
approved
Div. of Audit & P.xamination:
Appointnent of male stenographer at 01,200 per
3/18
minum, approved
Chamberlin, R. B., appointmant at 01,500 per annum,
2/15
approved
Donald, W. 3., report of committee re salary of,
1/2
approved
dalter, J. E., appointh]ent at .)3,600 per annum,
3/4
approved
Div. of Issue ("c Redemption:
Appointment of .stenographer for two months at
..,11,200 per annum, in place of Mrs. Helen
P. Wedderburn, approved
6/20
"Tpointment of three clerks at 900, one at 0960,
and a temporary clerk at :;960,
r
6/5
approved
2ishburn, Margaret H., appointment as money counter
at .900 per annum; letter from Comptroller
notifying Board of,
5/10
Gordon, (Miss) N. B.; letter from Comptroller
notifying Board of appointment of, as clerk
counter at 0900 por annum; noted
6/20
Hester, (Mrs.) M. H., appointrent at 0960 per
annum, approved6/14
Meade, (Miss) F. P., appointment at :;'960 per
annum, approved
6/27
Potter, (Mrs.) E. It., granted leave without pay 4/15
Riordan, Mary A., appointment as money counter at
3900 per annum; letter from Comptroller
informing Board of,
5/10
Div. of Reports & Statistics:
Caldwell, (Miss) Hattie, appointrent at 01,000
per annum, approved
4/12
82
683
67
18
18
838
466
231
4
381
1088
993
786-07
1089
1051
1159
632
785
610
Staff of F. R. Board:
Div. of Reports & Statistics:
Cooke, (Uiss) Francis, temporary appointment at
Z75
r
per month, approved
5/29
Crowley, (.7:rs.) M. H., appointment at :A00 per
month, for period of ninety days,approved
6/12
Dorsey, Wm. B., appointment approved, at'‘1,200
per annum
4/22
Dorsey, Wm. B., appointment as clerk in, at
4,200 per annum, effective April 22nd.,
approved
4/24
Evans, (Miss) M.. S., appointment at 4,200 per
annum, approved
5/29
Halo, William, appointment at 41,800 per annum,
approved
6/27
Halsted, J. P., appointment at 41,400 per annum,
approved
3/1
Holt, G. W., temporary appointment at 400 per month,
approved
5/15
Horbett, E. J., appointment at 41,800 por annum,
approved
5/29
Lalley, (Hiss) K., appointment at 41,000 per
annum, approved
3/13
Matter, (La's.) Laura Ne, temporary appointment
for sixty days at $900 per annum,approved
4/26
Llitchell, W. H., appointment at 1,800 per annum,
approved
6/3
Moore, A. A., salary increased to 4,500 per
,annwn
2/18
Moore, (Hiss) Julia, appointment at ,:83.33 per
month, approved
6/12
Ould, J. C., appointment at 4,440 per annum,
approved
2/18
Smith, A. 2., salary increased from 4,800 to
2,000, effective May 1st.
5/1
Steiner, W. H., temporary appointment at 450
per month, approved
6/14
Elias, (Miss) 11., appointment of, at 400 per month,
approved
2/15
Examining Staff:
Statement by Gov. Harding as to situation re reorganization of; discussed
5/29
Finch, W. S., resignation presented and ref. to com't 1/1
Gold Settlement Clerk:
Kean, J. S., designation as, with increase of
salary from 4,500 to 4,800 per annum,
approved
4/24
Kean, J. S., resignation, effective May 14th.,
accepted
5/1
942
1036
667
683
943
1159
364
623
942
.433
696
983
2.54
1036
2.54
721
1050
231
9,41
11
683
72Z
OLXV
Page
Staff of F. R. Board:
Gottlieb, L. R., resimation, affective I.:ay 8th.,
4/22
accepted
annum
for,
per
.,11,800
salary
at
Gottlieb, L. R.,
3/8
approved
Governor's Office:
Report of committee recommondin?; certain .chanilos
3/23
in staff of, approved
appointment
at
:,1,200
per
C„
Laura
(I.:rs.)
Ilayden,
6/12
(See also Div. of 1.'oreiol.
annum, approved.
Ex.change )
Hours of employment; motion to make, from 9 'I,. :,:.
to 5.30 P. M., approved, provided "Borland
6/27
Ituen(hont" passes
I:ail and 2iles Room:
Jemison, Vi. ;i., desipiated as chief mail and
4/24
files clerk
Jemison, -a. W., report of committee on status of,5/1
Report of committee recommending certain chancps
3/23
in, approved.
Rose, it. Li., appointment as clerk in, at salary
4/21
of 01,2u0 per annum, approved
Rose, II. I:., resigiation, effective July 1st.,
6/29
accepted
Shea, John V., Jr., salary increased from :„;1,000
4/24
to „1,200 per annum, effective May 1st.
Llesseners:
Appointmant of messaager in Div, of Reports and
6/20
atatiatics at .:',60 per month, approved
;rantlug of thirty days sick
Browne, James F
1/30
leave to, approved
Carter, Beverly, appointment of, at •;65 per month,
2/4
approved
Oarter, Beverly, salary increased to70 par
3/1
month
Johnson, Albert; report of corn't recommending
removal of, approved
4/10
Johnson, Albert, salary at .f.,,'35 per month,
approved
1/30
Killingsworth, Frank, transferred. to Capital
3/28
Issue s coin't
Secretary authorized to name a chief messenger
to succeed Frank Ilillingsworth
3/29
4/3
Trueheart, L., appointment approved
Mickley, (Liss) Mabel, resignation, effective June
10th„ accepted
5/13
Mr. 'Hamlin's Office:
Emery, (Miss) Lucia M., transfer to :Ir. _1 al int s
office, approved
6/29
666
406
488
1034
1154
683
721
408
683
1100
683
1068
142
162
364
603
141
523
533
556
799
1175
CLXVI
Page
Staff of F. R. Board:
Mr. Hamlin's Office:
Marvin, (ars.) id. J., ordered transferred from,
to Div. of Mail and Ales
6/29
Mr.
Office:
Reed, J..L.,Secretary to
salary fixed
at 02,000 per annum
4/1
Smith, (Miss) M. E., appointment as clerk at
()1,440 per annum, approved
3/11
Smithson, George B., appointment as clerk at
085 per month, approved
6/25
Mr. darburg's Office:
Mason, Collins, appointment as Assistant Secretary
to Mr. darburg, at 41,440 per annum,
approved
3/15
Ordered paid an May 29th.
5/27
Ramsdell, P. C., appointment cancelled, as unable to
accept
2/15
Ramsdell, P. C., salary at 41,440, approved
2/6
Report of committee re methods of appointing members
of, approved
5/3
Salaries:
Adjustments, as of July 1st., 1918, approved
6/29
Report of com't re, read; adopted with amendments
thereto,
6/29
Ruling re salaries of Secretaries to Members and
Chief Clerk
6/29
Secretary:
Willis, (Dr.) H. Parker, letter of resignation
submitted; requested by Board to reconsider
SaMO,
6/20
Willis, (Dr.) H. Parker, resignation re-submitted
and accepted
6/25
Willis, (Dr.) H. Parker, revocation of resignation
as Secretary, owing to emergency in Board's
work
6/27
Secretary's Office:
Black, (Miss) B., appointment at 31,320,approved 2/9
Black, (Miss) L. S., appointment at 41,320 per
annum, effective upon assuming duty,
approved
5/10
Hutton, (Mrs.) J. A., probationary appointment at
41,200 per annum, approved
6/3
Kean, J. S., designation as Gold Settlement Clerk
at salary of 41,800 per annum, approved
4/24
Kean, J. J., resignation, effective May 14th.,
accepted
5/1
Kean, J. S., salary fixed at 4,500 per annum,
effective Fob. 1st.
1/28
1175
545-46
419
1129
448
930
2.31
173
734
117'0°
3.175-"
1179
116
°
187
785
982
683
722
127
CLXVII
i.
Page
Staff of F. R. Board:
Secretary's Office:
Moore, John P., salary increased from 41,440 to
4/24
1,650 per annum, effective May 1st.
Morey, (Miss) E., appointment at ;4,200 per
2/9
annum, approved
Starr, (Mrs.) Helen J. P., resignation approved 1/30
Smith, (Miss) M. E., appointment as clerk in office
3/11
of Mr. Miller at 4;1,440 per annum, approved
Smith, (Miss) M. E., issuing of check to, for services
6/7
and accrued leave, authorized
Spook, (Mrs.) P. V., paymant of .)33 to, for indexing,
approved
Stenographer, appointment of, recommended by Mr. Miller;
3/6
ref. to com't an staff
suggestStenographer; question of employing additional,
3/4
ed by Mr. Hamlin; ref. to com't an staff
Stamp Tax:
Absorption of, an fifteen day notes by FaBanks; letter
from Counsel transmitting letter from Corn. of
Internal Revenue Roper re, read and discussed;
3/15
no action
Letter from Asst. Sec. Leffingwell, transmitting one
from Manufacturers National Bank of Troy, re
stamps on bank paper; Gov. Harding to make
1/28
further inquiry
Letter from Gov. Fancher re certain aspects of, in War
Finance Bill, read, and Gov. Harding's reply
4/10
approved
Standard Oil Co.
Letter from, inluiring as to Board's policy re shipments
2/8
by them of silver coin to Mexico; approved
State Bank & Trust Co. of Brownsville, Texas:
Charge of 5=',.; made by, for furnishing gold to importers;
letter from Congressman Garner enclosing one from
5/14
Judge James B. Wells re, acted upon
State Bank Members:
Proposed campaign for securing;
6/3
Letter from RAgent Wellborn re, noted
6/3
Letter from FRBank of Cleveland re, noted
State Bank Membership in California:
California banks considering; telegram from FRAgaat
Perrin re conference of; Board nared April 8th.
3/23
as data for interview with com't representing,
Correspondence re, referred to Mr. Miller for further
1/14
correspondence with FRAgent Perrin
Letter from Acting FRAgent Elliott re, noted
6/10
684
187
142
419
1005
162
397
380
445-46
125
602-3
181-82
815
982
982
487
60
1019
CLXVIII
State Bank. Reports:
Letter from RAgent Hardy re, read, noted and ref.
to Gov. Harding for reply
1/7
State Banks:
Letter from RAgent Jay re relations with, and coming
convention of Supervisors of, at Hot Springs, Ark.,
read
4/29
Situation re; Gov. authorized to invite Er. Williams
of Vermont to send committee to Washington for
consultation as to,
4/29
Status in California:
Correspondence with RAgent Perrin re, read, and
on motien,San 'Francisco com't requested to
confer with Congressman Hayes
2/9
State Banks & Trust Companies:
Entrance into Federal Reserve System:
Adrian State Savings Bank, Adrian, Llich.,approved1/11
Albion State Bank, Albion, aashington,approved
5/27
Albion State Bank, Albion, Mich„ approved.
6/25
Allegheny Trust Co., Pittsburgh, Pa., approved
3/8
Alliance Trust & Guaranty Co., Hackensack, N. J.,
approved
2/9
Alpine State Bank, Alpine, Texas, approved
4/24
Alto State Bank, ate, Texas, approved
3/23
American Bank, Baltimore, Maryland, approved
4/8
American Bank, Union Springs, Alabama, approved 6/20
American Balk & Trust Co., Denver, Colorado, approved
4/20
American Exchange Bank, Virginia, Minnesota,
approved
1/14
American Trust & Savings Bank of Albuquerque,
Now Ea-Aco; letter from FRAgent Ramsey re
possible application of, read; no objections
found
2/11
American Trust & Savings Bank, of Albuquerque,
New Mexico, approved
3/13
American Trust Co., St. Louis, Mo., approved
3/23
Anson State Bank, Anson, Tex-nil, approved
3/11
Avery State Bank, Avery, Texas, approved
4/12
3allinger State. Bank, Ballinger, Texas, approved 3/13
Bank of Boycevillo, Boyceville, Wis., approved
1/21
Bank of Brookings, Brookings, S. D., approved
4/20
Bank of Camilla, Camilla, Georgia, approved
2A3
Bank of Cheraw, Cheraw, South Carolina,appraved 4/20
Bank of Commerce, Sinton, Texas, approved
5/10
Bank of Commerce & Trust Co., Memphis, Tenn.,
approved
4/26
Bank of Ms-worth, Ellsworth, Wis., approved
3/13
22
707
707
185
47
931
1131
407
181
684
469
594
11)89
660
61
200
434
489
420
611
434
89
681
217
681
785
698
404
CLX1X
Page
State Banks & Trust Companies:
Entrance into Federal Reserve System;
6/25
Bank of Emmett, Emmett, Idaho, approved
1/14
approved
Wash.,
Farmington,
Farmington,
of
Bank
3/13
Bank of Fergus County, Lewiston, Mont., approved
6/27
Bank of Green, Green, Kansas, approved
5/6
Bank of Moro, Moro, Oregon, approved
6/i4
Bank of New Richmond, dis., approved
5/10
Bank of Oakfiold, Oakfield, Vas., approved
3/27
Bank of Safford, Safford, Arizona, approved
3/27
Bank of Saginaw, Saginaw, Michigan, approved
Bank of Santa Monica, Santa Monica, Cal., approved 2/1
Bank of Southwestern Oregon, Marshfield, Oregon,
1/28.
approved
5/10
Bank of Stanwood, Stanwood, dashington, approved
Bank of Sturgeon Bay, Sturgeon Bay, dis.,approved 5/15
Bank of Suffolk Co., Stony Brook, N. Y., approved 6/27
3/20
Battery Park Bank, Asheville, N. C., approved
5/3
Bay City Bank, Bay City, Michigan, approved
1/11
Beacon Trust Co., Boston, Mass" approved
2/4
Beaverhead State Bank, Dillon, Montana, approved
Boeville Bank & Trust Co., Beeville, Texas,
4/20
approved
Bellevue Realty Savings & Trust Co., Bellevue, Pa.,
6/5
approved
Birmingham Trust & Savings Co., Birmingham, Alabama,
2/13
approved
5/3
approved
Idaho,
Blackfoot City Bank, Blackfoot,
Butte County Bonk, Belle Fourche, S. D., approved 4/20
California State banks; telegram from FRAgent
Perrin ro membership of, in ERSystem, discussed,
and voted to prepare letter for forwarding to
1/4
State executives
4/5
approved
Pa.,
Chester,
Co.,
Trust
Cambridge
Carroll County State Bank, Mt. Carroll, Ill.,
3/23
approved
Central Illinois Trust & Savings Bank, Mattoon,
4/5
approved
Central Savings Bank & Trust Co., Akron, Ohio,
2/1
approved
Centralia State Bank, Centralia, Washington,
1/28
approved
Chappell State Bank, Chappell, Nebraska, approved 6/20
Chattanooga Savings Bank, Chattanooga, Tenn.,
5/6
approved
6/27
Citizens Bank, Metter, Georgia, approved
Citizens Bank & Trust Co., Athens, Alabama, ap1/7
proved
1137
61
434
1160
747
1051
785
517
518
152
127
785
823
1160
476
734
47
162
661
994
216
735
661
18
574
489
574
152
127
1089
747
1160
24
CL1sasc.
p3ge
State Banks & Trust Companies:
Entrance into Federal Reserve System:
Citizens Bank & Trust Co. of Athens, Ga., correspondence
with, re proposed membership; letter of reply
approved for transmission
2/6
Citizens Bank & Trust Co. of Louisiana, New Orleans,
La., approved
3/27
Citizens State & Trust Bank, Edwardsville, Ill.,
approved
2/13
Citizens State Bank, Prost, Texas, approved
5/22
Citizens State Bank, Gooding, Idaho, approved
5/31
Citizens State Bank of Tekoa, Tekoa, Washington,
approved
5/3
City Bank & Trust Co., New Orleans, La., approved
2/1
City Savings Bank & Trust Co., Alliance, Ohio,
approved
6/25
Coalgate State Bank, Coalgate, Oklahoma, approved
5/6
Cochise County State Bank, Tombstone, Arizona, approved
3/20
Colonial Trust Co., Pittsburgh, Pa., approved
1/18
Colonial Trust Co., daterbury, Conn., approved
3/27
Commercial Bank & Trust Co., Laurel, Miss., approved
3/23
Commercial Exchange Bank, New York, approved ,
6/27
Commercial Savings Bank, Adrian, Michigan,approved 1/11
Commercial Savings Bank & Trust Co., Toledo, Ohio,
approved
5/10
Commercial Trust & Savings Bank, New Orleans,
approved
6/27
Commercial Trust Co. of New Jersey, Jersey City,
N. J., approved
3/18
Committee named (at conference of FRAgents with Board)
to prepare, with Counsel, bill for passage by
State legislatures for permitting entrance of
State banks
3/1
Conditions under which certain banks doing a surety
business might be admitted, discussed
2/4
Crawford County Trust Co., Meadville, Pa.,approved 4/24
Dauphin Deposit Trust Co., Harrisburg, Pa.,
approved
4/10
Dayton Savings & Trust Co., Dayton, Ohio, approved 6/25
Dearborn State Bank, Dearborn, :achigan
1/11
Denison Bank & Trust Co., Denison, Texas, approved 4/12
Denton State Bank, Denton, Lontara, approved
6/27
Denver Stock Yards Bank, Denver, Colorado,approved 6/25
Depositors Savings & Trust Co., Akron, Ohio, approved
3/18
Deseret Savings Bank,Salt Lake City, Utah,approved 6/25
v75
617
217
891
964
734
152
1151
747
476
80
517
489
4T0
786
1160
468
366
3.63
684
604
1158
47
611
1180
1158
468
1151
CLYLKI
Page
State Banks & Trust Companies:
Entrance into Federal Reserve System:
6/27
Dime Savings Bank Co., Canton, Ohio, approved
Drovers State Bank of South St. Paul, South St.Paul,
5/6
Minn., approved
3/1
Elgin State Bank, Elgin, Ill., approved
Enpire Bank & Trust Co., Lewiston, Montana,
approved
6/27
Enterprise State Bank, Enterprise, Oregon,approved 1/11
Estancia Savings Bank, Estancia, New Mexico,
3/20
approved
letter
from
PRAgaat
Examination of incoming banks;
Ramsey re method of making; voted to advise that
2/18
FaBanks may make awn,
Jefferson
City,
City,
Jefferson
Exchange Bank of
2/13
Moe, approved
1/28
Farmers & Merchants Bank, Chelsea, :Lich,,approved
2/9
Farmers & Merchants Bank, Filer, Idaho, approved
Farmers & Merchants Bank, Odessa, Washington,
1/11
approved
Farmers & Merchants Bank, Roxbury, Idaho, approved 4A
Farmers & Merchants Bank, Stockton, Cal., approved 1/7
Farmers & Merchants State Bank, Rusk, Texas,
3/27
approved
Farners & Merchants State Bank, Shamrock, Texas,
2/6
approved
Farmers & Stockgrowers Bank, Salt Lake City, Utah,
6/14
approved
Farmers Guaranty State Bank, Jacksonville, Texas,
3/20
approved
Farmers Loan & Trust Company of New York City,
2/1
approved
3/1
approved
Farmers Loan & Trust Co., Tipton, Ind.,
Walla
Bank,
Walla,
Washington,
Farmers Savings
5/20
approved
4/12
Farmers State Bank, Italy, Texas, approved
4/20
Farmers State Bank, Moro, Oregon, approved
4/5
Farmers State Bank, St. John, Washington,approved
Farmers State Guaranty Bank, Valliant, Oklahoma,
4/20
approved
Farmers State Savings Bank, Bay City, Michigan,
5/29
approved
Fidelity Trust Co.,of Portland, :fine; letter from
MBank of Boston re application of, for membership;
2/20
referred to com't
3/1
Fidelity Trust Co., Portland, Maine, approved
Fidelity Trust Co., Portland, Maine (new conditions),
3/13
approved
1159
747
365
1160
47
476
251-52
217
127
187
47
594
25
517
174
1051
476
152
382
870
611
660
575
660
944
269
364
434
CLMCII
State Banks & Trust Companies:
Entrance into Federal Reserve System:
Fifth Avenue B;Ink of New York, Now York, N. Y.,
approved
6/25
First Bank of Grantsburg, Grantsburg, Wisconsin,
approved
2/9
First Guaranty State Bank, Jacksonville, Texas,
approved
5/1
First Guaranty State Bank & Trust Co., Ennis, Texas,
approved
4/12
First State Bank, Abilene, Texas, approved
4/20
First State Bank, Canisteo, N. Y., approved
5/22
First State Bank, Canyon, Texas, approved
2/20
First State Bank, Fort Towson, Oklahoma, approved
4/20
First State Bank, Franklin, Texas, approved
3/6
First State Bank, Grand Prairie, Texas, approved
4/22
First State Bank, Lamesa, Texas, approved
4/24
First State Bank, Mt. Calm, Texas, approved
4/20
First State Bank, Normangee, Texas, approved
4/5
First State Bank, Paris, Texas, approved
2/1
First State Bank, Post City, Texas, approved
5/6
First State Bank, Stigler, Oklahoma, approved
4/26
First State Bank, Weatherford, Texas, approved
3/6
First State Bank, Wylie, Texas, approved
6/27
First State Bank & Trust Co., Hereford, Texas,
approved
3/18
First State Bank of Moulton, Moulton, Texas,
approved
4/21
First State Bank of Petoskey, Petoskey, Michigan,
approved
3/8
First State Bank of Reagan, Reagan, Texas, approved 4/24
First Wellington Bank, Wellington, Ohio, approved
3/8
Flatonia State Bank, Platonia, Texas, approved
4/5
Franklin Bank, Frzinklin, West Va., approved
3/29
Fremont County Bank, Sugar City, Idaho, approved
3/27
Fulton Trust Company, New York, N. Y., approved
5/31
G. W. Jones Elmbange Bank, Marcellus,
approved
1/28
Gallatin Trust & Savings Bank, Bozeman, Montana,
approved
Genesee County Savings Bank, Flint, Michigan, approved
5/20
Glen Ridge Trust Co., Glen Ridge, N. J., approved
4/5
Gloucester City Trust Co., Gloucester City, N. J.,
approved
4/12
Grant Trust & Savings Co., Marion, Indiana,approved 6/12
Guaranty Bank & Trust Co., Beaumont, Texas,approved 4/5
Guaranty Bank & Trust Co. of Memphis, Tenn., approved
2/16
page n
1137
186
611
660
69/
269
660
396
667
684
661
574
15g
747
696
396
1160
466
684
407
664
40/
574
532
517
964
12.1
870
5/4
611
log
574
237
11)
C1=1I
PaL;e
State Banks & Trust Companies:
Entrance into Federal Reserve System;
Guaranty State Bank of Hansford, Texas, application
1/23
for membership, suspended
Texas,approved
2
/6
Hansford,
of
Bank
Guaranty State
Texas;
Tuestion
of
Hansford,
Bank
State
Guaranty
of position of, as applicant for admission,
2/9
discussed; no action
Holyoke,
1:ass.,approved
1/4
Co.,
Trust
Falls
Hadley
2/25
Harvard Trust Co., Cambridge, Lass., approved
Highland Park State Bank of Detroit, Detroit,
3/18
:Achigan, approved
Hillsboro State Bank, Plant City, Florida,
5/17
approved
1/16
Home Bank & Trust Co., Chicago, Ill., approved
3/11
Hone State Bank, Royal, Iowa, approved
1/7
Hudson Trust Co., West Hoboken, N. J., approved
Illinois State Bank, East St. Louis, Ill.,
3/15
approved.
4/5
Ithaca Trust Jo., Ithaca, H. Y., approved
Jackson State Savings Bank, Jackson, Eichigan,
1/11
approved
Kanawha Valley Bank, Charleston, West Va..,
1/4
approved
Lake City Bank of Minn., Lake City, Minn., approved.
6/25
Lamar State Bank & Trust Co., Paris, Texas,
1/16
approved
Lapeer County Bank, Imlay City, :Achigan,approved 5/29
Leesburg State Bank, Leesburg, FloridataDproved
2/1
Lenawee County Savings Bank, Adrian, :Aahigan,
approved
1/7
Letter from PRAbant Wellborn re amendment of State
laws to facilitate admissions; ref. to com't1/21
Letter from H. G. Dupre re aamission of small
3/8
State banks, read; reply agreed upon,
Letter from J. H. Puelicher re effort of T. J.
Sweeney to cooperate in obtaininL; new
members
1/21
Lotter from N. U. Carpenter to Chairman Glass re
admission of small StJ.te banks, read
3/4
Lewiston State Bank, Lewiston, :entana,approved
2/1
Liberty Bank & Trust Co., Hew Orleans, Louisiana,
approved
6/20
Liberty Bank of Baltimore Co., Gwynn Oak Junction,
Maryland, approved
6/27
Liberty Trust Co., Boston, Eass., approved
2/20
Lilley State Bank, Tecumseh, :lich., approved
6/12
103
175
8
7
F51
466
839
68
420
25
447
574
47
17
1137
68
944
152
24
92
405-6
92
387
152
1089
1160
269
1035
cLxx.rv
page
State Banks & Trust Companies:
Entrance into Federal Reserve System:
Lincoln Trust Co., New York, N. Y., approved
1/18
Lodi Trust Co., Lodi, N. J., approved
6/27
Lott State Bank, Lott, Texas, approved
3/13
McCornidk & Co., Bankers, Salt Lake City, Utah,
approved
6/10
Madison & Hedzie State Bank, Chicago, Ill.,
approved
2/4
Manistee County SavinL;s Bank, Manistee, Mich.,
approved
3/6
Marathon County Bank, Wausau, Wisconsintapproved 4/5
Marine Bank & Trust Co., New Orleans, La.,
approved
3/20
narine Bank of Norfolk, Norfolk, Va., approved
3/29
uarkle Banking & Trust Co., Hazleton, Pa.,
approved
1/28
Mechanics & Traders State Bank, Chicago, Ill.,
approved
1/18
Mercantile Trust Co., Little Rock, Ark.,approved 4/22
Merchants & Planters Bank, Texarkana, Arkansas,
approved
3/13
Merchants Bank, Port Taansend, Washington, approved
1/11
Merchants Trust Co., Lawrence, Mass., approved
1/28
Meridian State Bank, Meridian, Idaho, approved
6/12
Merrill Trust Co., Bangor, Maine, approved
3/1
Moline Trust & Savings Bank, laaine, Ill„
approved
3/20
Molson State Bank, Molson, Washington, approved 4/20
Mondamin Savings Bank, :ondamin, Iowa, application
approved
6/10
Montclair Trust Co., Montclair, N. J., approved 4/10
Montgomery Co. Trust Company, Amsterdam, N. Y.,
approved
6/5
Mountainair State Bank, Mountainair, New Mexico,
approved
2/1
Nassau County Trust Co., Mineola, N. Y.,approved 3/27
New Bern Banking & Trust Co., New Born, N. C.
1/11
New Jersey Title Guarantee & Trust Co., Jersey
City, approved
4/26
North Side State Savings Bank, Chicago, Ill.,
approved
3/29
Northern Savings Bank, Fargo, North Dakota, approved
1/11
Northwestern Banking Co., Commerce, Ga.,approved 5/27
Northwestern Trust & Savings Bank,Chicago, Ill.,
approved
5/10
80
1160
434
1033
163
396
574
477
533
3.27
80
667
434
47
127
1036
364
476
661
1025
604
994
152
517
47
696
532
47
931
785
fl
CLLXV
Page
State Banks & Trust Companies:
Entrance into Federal Reserve System:
Oak Park Trust & Savings Bank, Oak Park, Ill.,
1/21
approved
6/5
Ogden Savings Bank, Ogden, Utah, approved
3/23
Parna State Bank, Parma, Idaho, approved
2/9
Penn County Trust Co., Allentovn, Pa„ approved
Peoples Bank & Trust Co., Passaic, N. J., approved 1/4
4/10
Peoples Bank of Mobile, Mobile, Alabama, approved
Peoples Savings & Trust Co., A1,-xon, Ohio, approved 6/27
Peoples Savings Bank & Trust Co., Moline, Illinois,
3/20
approved
2/27
Peoples State Bank, Imlay City, IliChigan,approved
Peoples Trust & Savings Bank, Perry, IauatapDroved 5/24
Peoples Trust & Savings Bank, Perry, Iowa; condi6/7
tions of admission modified
Peoples Trust Co., Binghampton, New York, approved 3/1
Polk (County Bank, Balsam Lake, Wis., approved
3A3
4/8
Power City Bank, Niagara Falls, New York,approved
Presque Isle County Savings Bank, Rogers City,
1/23
Michigan, approved
Provident Savings Bank & Trust Co., Cincinnati,
6/25
Ohio, approved
Rhode Island Hospital Trust Jo., Providence, R. I.,
2/25
approved
Rittenhouse Trust Jo., Philadelphia, Pa., approved 3/18
Rock County Bank, Luverne, Minn., approved
4/20
Royal Oak Savings Bank, Royal Oak, Mich„approved
4/20
Rutherford Trust Co., Rutherford, N. J., approved
2/9
St. Anthony Bank & Trust Co., St. Anthony, Idaho,
approved
4/5
San Fernando Valley Savings Banks, San Fernando,
California, approved
1/11
Savings Investnent & Trust Co. of East Orange, East
Orange, N. J., approved
5/8
Scandinavian-American Bank, Marshfield, Oregon,
approved
2/13
Scandinavian-American Bank, Seattle, :iashington,
approved
5/8
Schenectady Trust Co., Schenectady, N. Y„ approved 3/20
Security Bank & Trust Co., Helena, Ark., approved
4/24
Security Bank & Trust Co., Wharton, Texas tapproved 5/24
Security Bank, Webster, South Dakota, approved
3/18
Security Savings & Trust Co., Erie, Pa., approved
1/7
Security State Bank, Dillon, Montana, approved
6/5
Security State Bank, Neligh, Nebraska, approved
2/18
Security State Bank & Trust Co., Lubbock, Texas,
approved
1/25
89
994
489
187
17
604
1160
476
305
909
1006
364
434
593
102
1138
285
466
660
660
187
575
47
765
217
765
476
685
909
466
24
994
254
115
page
State Banks & Trust Companies:
&Itrance into Federal Reserve System:
Security Trust & Safe Deposit Co., Wilmington,
Delaware, approved
1/16
Security Trust & Savings Bank Billings, Mont.,
approved
2/20
Security Trust Co,, Lexington, Ky., approved
5/20
South Texas State Bank, Galveston, Texas,
approved
3/13
State & Gorman Savings Bank, Ann Arbor, nialu t
approved
1/25
State Bank of Bloomington, Ill., approved
4/24
State Bank of Coloma, Ooloma, Mich., approved
2/1
State Bank of Geneva, Genova, Ill., approved
5/1
State Bank of Iladelia, Madolia, Minn., approved 3/4
State Bank of flosinee, Losinee, Wis., approved
3/29
State Bank of Thompson, Thompson, Iowa, approved 1/4
State Bank of Jayne County, Wayne, Nebraska,
approved
2/15
State Exchange Bank of Macon, 'Macon, Missouri,
approved
2/13
State Savings Bank & Trust Co., Doline, Ill.,
approved
3/20
State Savings Bank of Warren, Warren, Mich.,
approved
2/1
State Street Trust Co., Boston, Mass,
1/16
Stewart State Bank, St. Charles, I110,approved
3/8
Stock Growers State Bank, Timber Lake, South
Dakota, approved
4/26
Struthers Savings & Banking Co., Struthers,Ohio,
approved
6/25
Superior Savings & Trust Co., Cleveland, Ohio,
approved
2/1
Tecumseh State Savings Bank, Tecumseh, Michigan,
approved
6/12
Tekoa State Bank, Tekoa, Washington, approved
1/11
Texas Bank & Trust Co., Beaumont, Texas,approved 4/24
Texas Bark & Trust Co., part of conditions
5/17
previously fixed for admission of, rescinded
Thatcher Bros. Banking Co., Logan, Utah,approved 5/29
The Alpena County Savings Bank, Alpena, Michigan,
approved
5/15
The Bank of Hammondport, Hammondport, N. Y.,
approved
2/1
The Bank of Oregon City, Oregon City, Utah,
approved
6/5
The Central State Bank, White Sulphur Springs,
Montana, approval
4/26
68
269
870
434
115
685
152
721
381
532
17
231
217
476 .
15g
so
407
696
1158
152
1036
47
686
839
944
523
15g
994
696
CLX:XVII
Page
State Banks & Trust Companies:
Entrance into Federal Reserve System:
The Citizens Bank of Aztec, Aztec, H. H., approved 5/22
The Dime Deposit Bank, Wilkes-Barre, Pa., approved 1/14
The Exchange Bank of Tallahassee, Florida, approved 5/15
The Farmers & Mechanics State Bank, Childress,Texas,
1/11
approved
The Farmers & Merchants State Bank, Hecla, 3. D.,
5/20
approved
5/6
The First State Bank, Hillsboro, Texas, approved
4/24
The First State Bank, Paducah, Texas, approved
The First Territorial Bank, Lovington, New Mexico,
2/13
approved
The Guaranty State Bank, Et. Pleasant, Texas,
4/22
approved
The Guaranty State Bank of Rockwell, Texas,approved 3/27
The Kansas Reserve State Bank, Topeka, Kansas,
4/20
approved
The Lake Providence Bank, Lake Providence, La.,
5/3
approved
5/1
approved
The 'Minster State Bank, Minster, Ohio,
The St. Joseph Loan & Trust Co., South Bend, Ind.,
5/17
approved
3/1
Bank,
Lichigan,approved
Saline,
The Saline Savings
Miami,
Florida,
Co„
&
Trust
The Southwestern Bank
5/10
approved
6/25
The State Bank, Akron, Ohio, approved
1/16
The State Bank, Winfield, Kansas, approved
The Terre Haute Co., Terre Haute, Indiana, approved 1/21
The Texas Bank & Trust Co., of El Paso; letter from
Agent Ramsey re conditions of membership of,
6/10
referred
2/13
Thompson Savings Bank, Hudson, Lich., approved
Tillamook County Bank, Tillamook, Oregon, approved 3/11
Tradesnens State Bank, Oklahoma City, Oklahoma,
2/6
approved
3/18
Trust Co. of New Jersey, Hoboken, N. J„ approved
Trust Company of Wyoming County, Warsaw, N. Y.,
2/15
.approved
Union Bank & Trust Co., Baton Rouge, La., approved 2/18
2/15
Union Bank & Trust Co., Helena, Mont„ approved
Union Savings & Trust Co., Cincinnati, Ohio,
4/5
approved
6/20
Union Savings Bank, Manchester, Lich., approved
United States Trust Co., Boston, Lass., approved
3/27
Valley Bank, Phoenix, Arizona, approved
3/29
Wachovia Bank & Trust Co., Winston-Salem, N. C.,
approved
6/27
897
61
823
47
870
747
684
217
667
517
660
734
721
839
364
785
1137
68
69
1021
217
420
173
466
232
254
231
574
1089
517
532
1159
CLXXVIII
Pagefl
State Banks & Trust Companies:
Entrance into Federal Reserve System:
Walker Brothers, Bankers, Salt Lake City, Utah,
approved
3/1
Wapello State Savings Bank, Wapello, Iowa,
approved
2/20
Wells-Dickey Trust Co., Minneapolis, Minn.,
approved
1/7
Wells-Hine Trust Co., Savannah, :do., approved
6/5
Western Bank & Trust Co., Cincinnati, Ohio, approved
2/9
Williams Valley Bank, Williamstown, Pas,approved
3/23
Wood & Huston Bank, Marshall, Mo., approved
1/14
Workers Trust Co., Johnson City, N. Y., approved
4/10
Yakima Valley Bank, North Yakima, Washington,
approved •
1/14
Status of eligible banks in several districts; meE0.
of Counsel re obtaining more data re, read and
referred to com't
3/13
Withdrawals from Federal Reserve System:
Elmhurst State Bank; memo. of Counsel re withdrawal of, approved
2/25
State Department:
Memo, from, re need of branch of National City Bank
of Caracas for gold to raise dollar exchange; Gov.
to request additional information of MBank of
New York
1/22
Memo, of, re transactions of A. J. Largardo & Co.,
Mexico; noted
2/11
Memo, presented from, containing matter from American
Ambassador at London; ref. to Mr. Strauss
3/26
State Funds:
Deposits of; mono. of Jr. Warburg recommending no
action an suggestion that FRBanks be authorized to
receive; filed
2/18
State Legislatures:
Proposed bill for passage by, for permitting entrance
of State banks into System; committee named (at
conference of FRAgents with Board) to take up, with
Counsel, preparation of such bill
3/1
State Member Banks:
Report of com't re proposed letter to, re examinations;
letter ordered transmitted.
1/25
Telegram from MBank of Chicago asking if new State
members should bp penalized for reserve deficiencies
6/28
State of Massachusetts:
Proposed bond issue in; letter from Capital Issues
com't to Hon. B. L. Young re, advising against,read
and approved with modification
2/4
365
269
25
994
187
469
61
604
61
431
283
96
194
506
252
356
114
1168
160
CLXXIX
Page
State of Massachusetts:
Proposed letter, read by 1:r. Delano, re suggested
1/8
bond issue by,
State Superintendent of Banking in Iachigan:
Letter from, to 1:lichigan State banks, re gold deposits
6/20
in FRBanks; forwarded to Board by FRAgont Heath
State Superintendent of Banking jilliams, of California:
5/29
Notice of conference to be held with, of date
State Superintendents of Banking:
Conference of committee representing, with Board,
5/29
and minutes of same,
Statemant for the Press:
tcxestion of, re rates of interest on bank deposits;
2/25
referred to executive committee with paaer
Statistics
Reports
of
&
See Div.
Statistical Division:
Bee Jacobson, 2:orris L.
Statistician of P. R. Board:
Stern, alward; letter from, to Secretary of the Treasury,
1/30
re new issue of legal tender notes; noted
Stetson, Jennings & Russell, New York:
Hearing granted on Feb. 15th., re proposed amendrent
2/13
to Section 22 of F. R. Act
Stock: Seo also Capital Stock.
1/7
Applications for additional, approved
1/21
2/25
2/27
3/1
3/6
3/23
3/27
4/20
5/1
5/3
5/8
5/22
6/12
6/22
6/25
6/25
1/9
Applications for original, approved
1/21
2/9
2/27
3/6
3/23
3/27
4/3
4/17
5/1
82
1082
940
947-954
284
138
218
25-26
90-91
287
306-312
382-386
396-97
489-492
518
661
722
735-737
767-772
898-900
1036
1110
1134-1136
1137
36
90
189-90
306
396
492
519
557
641
722
Page
Stock:
Applications for original, approved
Applications for surrender of, approved
Changes in; recommendation of Secretary that entries
in minute book re, be segregated in a separate
book, approved
Reduction of capital stock of Pirst National Bari?' of
Galveston, Texas, approval
Stone, A. W., letter from, re classification of apple
paper, discussed; Sec. directed to send reply in
accordance with Board's regulations
Strauss, Albert:
Inquiry of, re shipment of securities to Northern
Neutrals
Letter from, transmitting suggestions to Mexican
Commissioners re exportation of A0,000,000 gold,
read; ordered distributed
LIemo. of, as to shipment of gold from Canada to
Colombia; ref. to 11r. Jtrauss for more information
Memo. of, re exportation of gold to Mexico, read
Manz, of, re shipment of gold to Peru, read and
discussed
5/3
5/8
5/15
5/22
5/31
6/3
6/12
6/20
6/25
1/9
1/18
1/21
2/9
3/4
3/6
3/23
4/3
4/17
5/8
5/15
5/22
6/3
6/7
6/12
6/22
6/22
6A5
736
766
824
897°99
964
983
1037
1090
1136
36
81
169
38g
397
493-,
96i
556_1i
64D-'"
766
824
697
983
1005
1037
1106
3.109
1136
6/7
1/11
46
1/4
13
1/3
8
2/9
19a
2/12
3/8
207
405
4/8
569
'
CLXACil
Page
Straw Hat Manufacturers' Association:
6/20
Letter from Robert J. Patterson of,
Strong, Benj., Gov., P. R. Bank of New York:
Correspondence between, and President Hinsch of
American Bankers' Association, r redemption
of national bank notes, presented; referred
2/13
to Mr. Miller
Correspondence with, re acquirement of quarters for
ABanks out of surplus, read and discussed;
2/13
Gov. to reply
Letter from, re acceptance credits and making of
acceptances; referred to executive committee
1/21
for report
Letter from, re Board's letter outlining acceptance
policy, read; agreed to answer stating Board has
2/15
advised all FRBanks re,
Letter from, re building site for PRBank of New York;
telegram, approving purchase, approved for
transmission
2/23
Letter from, re rate on certificates of indebtedness,
2/23
discussed; referred to committee
Letter from, proposing conference of Govs. to act on
interest rates, discussed
3/8
Letter from, re general Interest situation in New
York, presented
3/27
Letter from, re abolition of service charges, read
and noted
4/12
Letter from, re elimination of "float" growing out
of acceptance collections, and Gov. Harding's
reply thereto,
6/3
Letter from, re division of post-war gold export
obligations among FRBanks; ordered discussed
at conference of Goys., July 1st.
6/27
Letter from, re division of post-war gold obligations
among FRBanks
6/28
Letter from, re infomal conference of Govs. recently
held in New York, with personnel of those attending and subjects discussed
6/28
Recommendation of com't to fix salary of, at 440,000,
approved
1/11
Telegram from, re arrangements for forthcoming
conference of Goys., read and noted
3/15
Stuart, Nelson:
Designated Chief Clerk of Board at salary of 42,700
per annum, effective July 1st.
4/24
Sub-Treasuries:
Letter from sub-treasurer at Cincinnati re abolition
of, read and noted
4/12
1086
214
213
92
229
277
278
405
516
611
981
1155
1169
1169
50
445
683
611
CLXXXII
Page
See Financing of Sugar Crop
Sugar Crop Financing:
Sugar Producers:
Report by Mr. Warburg re conversation with representatives of, re financing current crop on acceptance
basis
2/6
Swanton, Walter I.
Diagram by, showing status of various Govt. bodies,
presented; agreed to call attention of com't
on Public Information to errors therein,
2/20
aweitzer, F. W.; report of cam't approving salary of, at
4,440 per annum, approved
1/30
Talley, Josephine, salary fixed at 4,000 per annum,
effective an taking office
2/27
Taxation:
Correspondence between Asst. Sec. Leffingwell and
FRBank of Atlanta re "float" on checks for excess
profits and income taxes; noted
6/10
Franchise Tax:
Sending of instructions re, to FRBanks in position
to pay immediately, approved
1/4
Internal revenue taxes; letter fron New York Credit
Mans Association re payment of, read; no action 4/6
Telegraphic Service between FRBanks:
See Private Wire Service between FRBanks:
Telegraphic Service between FRBeard and FRBanks:
See Leased Wire System:
Texas Bankers' Association at Galveston:
Mr. Hanlin authorized to accept invitation to speak
before, on May 14th.
3/18
The Callaway County Bankers' Association of Fulton, Mo.
Telegrams from, presented, opposing disposition of
reserve city banks to bid unreasonably for bank
balances; discussed
3/15
The Texas Bank & Trust Co., of El Paso:
Letter from FlIgentRaasey re conditions of membership
of, referred
6/10
Theft of Stamps from Mr. Hamlin's Office:
Memo. of Mr. Hamlin re; referred to Secret Service
5/22
Third National Bank of Columbus, Ga.
Letter from, re exchange situation
5/15
Thompson, Huston, of Department of Justice:
Letter from, re participating in campaign in behalf
of Boy Scouts
6/22
Thompson, (Miss) Sarah, appointment cancelled
2/20
Townley, D. C.
Letter from Gov. Lynch of San Francisco re arrest of,
read and noted
3/18
175
268
141
305
1021
12
563
462
445
1021
900
620
1114
268
462
CLXLCIII
Page
Trade Acceptance Council:
Participation of aSystem in June meeting of; letter
5/27
from L. E. Pierson re, informally disaussod
l'rade Acceptance Credit:
Dahn, E. F., letter from, re proper period of trade
4/15
acceptance credit
Trade Acceptance Journal:
Request from, for expression of opinion re trade
acceptance situation; Gov. authorized to reply 4/26
Trade Acceptance Situation:
4/26
Discussion re,
Gov. Harding authorized to reply to letter from John
4/26
S. Jenks of Phila. re Board's position re,
read
4/26
Pierson,
L.
E.
Letter re, from Mr. Warburg to
Presentation by Gov. Harding of certain documents
2/13
and correspondence re, noted
Trade Acceptances:
See under Acceptances
Travellers' Allowance:
Gold:
4/19
Letter from MBank. of Atlanta re, noted
Ordered that captains of vessels not be allowed;
1/31
Customs to be so advised
Letter from Asst. Sec. Leffingwell re travellers'
funds to certain countries; policy ordered
6/20
into effect
Letter from Mr. Penny enclosing copy of instructions
by Mr. Kent re currency allowed to travellers
5/8
leaving country
Reduction in amount of, recomrranded by Gold Export
3/29
corn't at meeting on March 28th., approved
Revised provision re; all FRBanks and Customs to
4/5
be notified of change
Travellers' Regulations:
Circular on; letter from Asst. Sea. Leffincwell
6/12
approving; noted
Treasury Department:
Authority granted com't to take up with, revision of
5/3
its circulation and per capita money statement
Memo. from, re money for expenses of Div. of Foreign
4/17
Exchange; noted
Notice from, re payment of salaries an May 29th.;
5/27
Board's staff ordered paid on same date
Treasury Notes:
Distribution on one-year, among FRBanks; letter from
5/15
Assistant Soc. Leffingwell re,noted
929-30
631
695
694-95
695
695
217
651
144
1084
758
533
567-68
1030
738
642
930
822-23
CLXXXIV
Page
Treman, R. H., Deputy Gov., F. R. Bank of New York:
Letter from, re absorption of acceptances by FRBanks,
. read; agreed to discuss matter with Govs. of
3/18
Banks, Larch 22nd.
Letter from, re effect of military draft on staffs
3/18
of RBanks; ref. to Gov. Harding
5/10
Letter from, re date of settlement of acceptances
Trustee Powers: See also Fiduciary Powers:
Trustee Powers for National Banks:
Memo. from Counsel re conference with representatives
of American Banrcerse Association re; authorized
3/20
to furnish memorandum prepared on subject
Tulsa Clearing House Association:
Application of, for establishment of branch at Tulsa;
5/3
Secretary directed to reply
Union & Planters Bank & Trust Co. of Memphis:
Telegram from, asking permission to carry out proposed
merger with Mercantile National Bank, read; no
2/11
objection
United States National Bank:
Application of, for power to act as trustee, executor,
and administrator; ordered held for more
information
1/25
United States National Bank of Portland, Oregon:
Application of, for permission to invest in stock of
American Foreign Banking Corporation; granted
3/23
Upton, A. E., of Denver, Colorado:
Letter from, re capital requirements of member banks;
read and discussed
3/18
Van Deman, Col. R. H.
Letter from, transmitting correspondence re arbitrage
operations in Russian rubles; referred
5/27
Memo. of, re withdrawals of gold by Germans in Phila.;
referred to Gov. for transmission to FRBank of
Phila.
3/15
Van Zandt, R. L., Gov., F. R. Bank of Dallas:
Letter from, re pledge of collateral protecting
F. R. notes; noted
1/21
Letter from, re status of First National Bank of
Albuquerque, New Mexico; read and noted
3/4
Letter from, re registration of bands at Reserve
Banks; read slid noted
4/12
Letter from, re introduction of new plan as to service
charges; read and noted
4/12
Letter from, re date of eligible bill of lading
drafts
5/10
465
463••64
786
473
733
202
115
465
464
930
449
92
386
611
61Z
786
CL:•:XXV
Page
Van Zandt, R. L., Gov„ 7. R. Bank of Dallas:
Lettor from, re proposel absence from Dallas, read
6/3
and noted
Commission
Southwestern
Cassidy
Letter to, re paper of
Co" read and ordered transmitted. as Board's
4/10
ruling
.dinston-Salem,
N.
C.
Wachovia Bank & Trust Co.,
Board voted that, may become member if approved as to
6/25
condition, even in absence of requisite seal
of
public
deposits
re
from;
letter
dadsworth (Senator);
1/2
funds in "r11.3anks; ref. to executive com:.dttee
'Jalher, 1. E.
Letter from, re managership of proposed branch at
Birmingham, and reply of Gov. Harding, read and
6/5
noted
Walker, .Marcus:
Letter from, re probable lendins. policy of 2,T3anl>s,
1/2
read and discussed
Notice of election of, as Manager of New Orleans
1/16
branch; noted
ar Department:
Latter from Chief of, askinL; that each 2R3ank detail
clerk for watching suspicious accounts; ref. to
2/18
Gov. with power,
War finance Bill: 3ce War :inance Corporation Bill
dar Finance Corporation Act:
Opinion of Counsel holding that this Act has not repeal5/17
ed pert of Section 13 of 2RAct
War Finance Corporation Bill:
Amendmsnt to,
Letter from 2RAgont Jay proposing, with memo. of
Counsel approving, read; amendront approved 3/13
Letter from Secretary of Treasury re ch...ances in,
with reply of Board concurring in elimination,
3/1
therefrom, of open market pov.er
Sugzestion by Mr. McAdoo re amendment providing
for differential rediscount rate at PRBanks
against paper secured by Jar finance
Corporation bonds, discussed, and modified
2/27
al.:Kral-lent adopted
recommendation
with
Approved as war emergency measure,
2/12
to Secretary of Treasury for insertion int
made
of,
special
Discussion of rediscount sections
2/9
order for 2eb. 11th.
certain
of
Cleveland
re
2ancher
Letter from Gov.
aspects of stamp tax in, read, and reply of Gov.
4/10
Harding approved
2/11
Rediscount features of, discussed
982
602
1138
5
992
6
66
253
837
431
361-62
313-14
208-9
191
602-3
204
OL=VI
Page
War Industries Board:
Letter from Chief of ',tool Division of, re discount
5/17
of paper of Nat. Wool Warehouse & Storage Co.
War Intelligence Bureau:
Agreed that LLr. Kent cooperate with, and have all
mail re registration certificates sorted and
censored by special corps of men
1/3
War Savings 'Stamps:
Eligibility of notes secured by, for rediscount; memo.
6/10
of Counsel re, referred
Statement by Gov. that Mr. Vandorlip had requested
that attention of FRBanks be called to desirability
of having, available for sale at member banks;
5/14
letter to Banks re, approved
War Trade Board:
Letter from, re erroneous statement in War Trade
Journal re applications for exportation of dantal
gold, noted
Letter from, re shipments of dental gold, noted
2/9
Letter from, re transactions of one Marius on behalf,
presumably, of German interests; tabled until
arrival of Mr. Kent
4/3
Letter from, to Mr. Strauss, stating no objection to
shipment of 456 kilos silver by Dr. Pritzjof
Nansen to Norway, read and approved by Board
1/30
Resolution of, re issuing of general license to
American Banking Institutions
1/18
Warburg, Paul M., Member of Board:
Draft of letter by, to FRBanks, re accepting drafts
on erroneous representations as to expert and import
operations by member banks; read and ordered
sent
3/16
Informal report by, re obtaining rooms in Treasury
Building
1/21
Informal report by, re question of registering Liberty
Loan bonds
3/20
Letter from, E. T. Gallien transmitting resolutions re
service of, an Board
6/27
Letter from, favoring use of trade acceptances by railroads under certain conditions, read; Board in
harmony with principle of letter
3/6
Letter from, to MBank of New York, re handling of
"float" on acceptances; approvei for transmissien6/17
Letter from, to L. E. Pierson, re trade acceptan3e
situation, read
4/26
romo, of, re present practices as to bankers' acceptances, and changes called for therein; ordered
circulated
1/9
837
8
1022
81445
95
192
557
134
7/
464°65
94
4/1
130
409
1062
696
3/
CL.,..,\UYII
Page
Member of Board:
Warburg, Paul
Memo, of, recommending renewal of certain 2rench
2/13
railway acceptance credits; ref. to com't
Memo. of, recommending no action on suggestion that
Banks be authorized to receive deposits of
2/18
jtate funds; filed
Uemos of, ro conservation of gold by Treasury,ordered
2/25
sent, with confidential letter, to each RBank
:emo, re general question of rates, read and di cussed; copy ordere.i sent Gov. strong for
3/27
comment
Memo, of, re reports on gold holdings of member
5/13
banks
Memo. of, re question of establishment of interallied foreign exchange bank, presented; noted
5/29
as expressing views of Board
Notice of proposed visit to Chicago an June 15th.;
6/14
visit authorized at expense of Board
Report by, re trade acceptances made by Emerson Electric
Manufacturing Co., read; ref. to executive com't
4/10
for action
Report by, re situation as to discounting of paper
intended to finance wool crop as far as purchased
5/22
by Govt., with memo. re, acted upon
Re.00rt by, re facts re formation of syndicate for
financing National Wool warehouse Co.,in Chicago 5/31
Report by, re payment of expenses of members of
Capital Issues com't donating services, approved; ,
payments ordered made
6/17
Watkins, J.
Letter from, outlining plan for organization of "National
Discount Bank" in New York; ref. to Counsel for
2/13
opinion
Watts, F. 0.
Letter from RAgent Martin notifying Board of election
1/21
of, as member of Advisory Council, noted
Wayne, Joseph, of Philadelphia:
Letter from, in re officers at :MBank of Philadelphia,
2/13
read and noted
Letter from, re circular from Comptroller re ,uestion
of usurious rates; matter discussed with Counsel
and referred to him for report
3/6
Weekly 3tatement:
Form for use in preparing, presented and adopted
4/6
'llestion of cabling to London, referred to executive
committee with power,
3/27
\tuostion of form of, presented, discussed, and ref.
to executive committee with pomr,
4/1
214
252
284
516
799
941
1052
601-2
694
962
1064-65
218
92
214
394
582-83
515
542
CLXXXVIII
Page
13., F. R. Agent, Atlanta:
-3e11born,
Letter from, re amendrent of Jtate laws to facilitate
1/21
admissions; ref. to committee
Letter from, re pneumatic tube system for new building
1/21
at Atlanta; ref. to Atlanta committee
Letter from, re sale of Treasury certificates, noted 1/21
Letter from, re proposed collateral loan, read and
noted
4/12
Letter from, asking approval of expenditure of a
certain amount in connection with new building at
4/18
Atlanta; approved
Letter from, re proposed campaign for securing State
bank members; noted
6/3
Telegram from, re meeting for discussion of legislation
as to membership in
ystem, read; Gov.
2/11
authorized, to send notifications re,
Telegram from, in re branches; advised that hearing
re, would be held by Board on Hay 18th.
5/14
Wells, Ilona, Gov., F. R. Bank of Jt. Louis:
Lett,or from, re sale of Treasury certificates in Jt.
Louis district; noted
1/21
Telegram from, re discount rates and reply of Gov.
Harding outlining situation, read and noted
2/27
'destern Iowa:
Letter from Sioux City Clearing House Association re
status of, as part of Chicago district, read and
noted
4/10
destinghouse Company:
Application of, for Board's opinion re its financing;
no objection interposed; gov. and Viae-Gov, to
draw form of reply
1/11
Jt.:..temnt by :Ir. 7arburg re certain proposed financing
of, with papers relating thereto; ref. to
Delano and Ur, 11111cr as special committee
1/11
White, 3. H., of Chicago:
Report of committee fixing salary of, approved
2/15
Iiito ,F,; Case, Ilew York:
Hearing granted by Beard to, on Feb. 15th., re proposed
amendmont to Section 22 of P. R. Act
2/13
dilliams, Prank C., Bank Commissioner of Vermnt:
Letter from, suggesting legislation pending in Congress
be suspended pending conference with Jtate bank
representatives
5/8
Williams Gold Refining Co.
Letter from, in re export of dental gold to Cuba; ref.
to War Trade Board
1/21
Letter from, presented, and general question of dental
gold exports considered; :iar Trade Board to be
advised to release all shipments now applied for,2/5
92
93
94
612
850
982
202
815
94
304
802
52
48
231
218
764-66
86
166
CL:MKIX
Page
Willis, (Dr.) H. Parker:
Appointment as Head of Division of Analysis and
6/29
Research, at 05,000 per annum, approved
2/11
Authority to act as Fiscal Agent for Board, granted
Authority to act as Fiscal Agent, revoked, upon his
2/18
recomendation
Resignation as Jecrotary, submitted; requested by
6/20
Board to reconsider some,
6/25
Resiation of, re-submitted.and accepted
Revocation of resioaation as Secretary, owing to
6/27
emergency in Board's work, approved
dillis, John R., of Juneau:
Request from Alien 1-Toperty Custodian as to suitability
of, as a depositary officer; ordered answered with
316
such information as Board possesses
Wills, D. C., 1J'. R. Agent, Cleveland:
Letter from, re collection of maturing items, and
proposed reply, read and referred back to Gov.
1/23
Harding
Letter from, re dividends at Cleveland; tabled until
2/25
Feb. 27th.
Letter from, re rates of interest on bank balances in
2/25
fourth district, noted
Letter from, recommending additional dividend, payable
April 1st., at Cleveland; ordered bank be requested to adhere to usual semi-annual plan
2/27
Letter from, re ellen 7,es in discount rates, read and
3/11
noted
Letter from, re booklet on acceptances, read and ref.
to e=cutive coLrlittoe
4/1
Letter from, re re-publication of Index and Digest of
opinions of Counsel and informal rulings of Board;
re-publication authorized
4/2
Lotter from, advising against chartering of banks with
segregated savings departments; ordered circulated
4/0
Letter from, re discount rates, read; rates approved
by Board listed
4/8
Letter from, re interest on deposits, read; plan
generally approved
5/1
Letter from, re action of Associated Savings Banks &
Trust Companies of Cleveland against paying over
3; interest on demand deposits; noted
5/6
Lotter from, re legislation providing for guaranty of
bank deposits
5/13
Letter from, re pamphlets on trade acceptances
5/13
Letter from, asking Board's approval of his acceptance
of appointment of Trade Acceptance Com't of Chanber
of Commerce of U. 3.; no objection by Board
5/14
1101-82
201
251
1091-92
1130
1152-53
395
103-4
264
289
304
421
542
550
591
592
720
749
798
798
613-14
Page
D. C., F. R. Agent, Cleveland:
Lotter from, re effect of a guaranty of bank deposits;
907-43
5/24
referred to Comptroller
51
1/11
Salary at :A5,000, approved
dilmeth, J. L., Director of Bureau of Engraving & Printing:
Letter from, re using "fit" notes as long as possible,
read; with statement by Gov. Harding briefly
162
outlining situation
2/4
Francisco:
Liberty
Loan Sales Com/t,San
Wilson, E. W., Director of
Letter from, re sales of Treasury certificates in
464
twelfth district; ref. to L. B. Franklin
3/18
Wilson, R. R.
Letter from, re meeting of committee an cotton
financing, and desired presence of Gov. Harding;
981
Gov. authorized to attend
6/3
Wing, D. G.
Letter from, aTul reply of Gov. Harding tentatively approving proposed charter for a foreign banking
555
corporation, presented; approved
4/3
Withdrawals from Federal Reserve System:
Elmhurst State Bank; memo. of Counsel re withdrawal
283
of, approved
2/25
Wold, Theodore, Gov., F. R. Bank of Minneapolis:
Correspondence batmen, and E. S. Johnson of Minneapolis,
re rates of interest on deposits; with memo, of
190
reply
2/9
Letter from, in re methods for use in sale of certificates of indebtedness in Minneapolis district;
93
referred to executive com/t with power,
1/21
Letter from, re activities of "Non-Partisan League",
285
ordered referred to Dept. of Justice
2/25
Telegram from, re location of financing of coming
110
grain crop
6/22
Yeager, Hon. Arthur, Gov. of Porto Rico:
Copy of letter to, from Secretary, re shipment of
176
nickels to Porto Rico, etc„ road and noted
2/7
Yokohama Specie Bank of Tokio, Japan:
Memo. from State Department re establishment of branch
1060
of, at Buenos Aires
6/20
Zunts, James E., of New Orleans:
3
Acceptance of appointment; notification re,
1/2
Letter from, re inability to use certain funds at
Now Orleans branch, read; ref. to Gov, with
253
power
2/18
Letter from, re lease of present quarters of New Orleans
304
branch, and renewal of same; ref. to committee 2/27
Letter from, re staff changes at New Orleans branch
939
5/27
Letter from, re discount of paper for industries
10
classed as non-essential
6/12
@FedFRASER