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INDEX
January - June
1 9 20
Page
Accept up to 100, power to, action deferred.
4/28
Bank of United States, New York City
1/24
Y.
N.
York,
New
Bank,
East River National
1/30
City
York
New
Co.,
Lincoln Trust
/13
2
ia
Californ
Angeles,
Los
Bank,
National
s
Merchant
Accept up to 100,.;, power to, granted
3/2
Continental National Bank, Kansas City, Mo.
4/30
Denver National Bank, Denver, Colorado
6/22
Farmers and Mechanics National Bank, Fort Worth, Texas
4/30
Fidelity National Bank & Trust Co., Kansas City, Mo.
1/9
First National Bank, El Paso, Texas
4/21
First National Bank, Santa Barbara, California
4/27
Garfield National Bank, New York
3/2
Lawrence National Bank, Lawrence, Kansas
4/9
Liberty Bank & Trust Co., New Orleans, Louisiana
3/20
Mercantile National Bank, San Francisco, California
d
converte
Merchants National Bank of New York City, when
2/27
into Merchants Bank of City of New York
6/30
National Bank of Baltimore, Baltimore, Maryland
6/22
National Bank of Tacoma, Tacoma, Washington
6/29
National Union Bank, Boston, Mass.
6/8
Pacific Bank, New York City
4/14
La.
Roads,
Pointe Coupee Trust & Savings Bank, New
4/9
The Jennings National Bank, Jennings, La.
6/30
Md.
e,
The Western National Bank, Baltimor
3/25
ton
'4ashing
Union National Bank, Seattle,
5/19
Ohio
ti,
Cincinna
Co.,
Union Savings Bank & Trust
Acceptance Credit:
Financing shipments for packers under; copy of letter
from Swift & Co. to member bank in Fourth District
5/27
re,
Acceptance Renewals:
Belgian, eligibility for purchase by F. R. Banks of;
3/6
letter from Mr. Kenzel
Belgian Acceptance Syndicate; desire of, to have renewal of acceptances maturing in May declared
3/10
eligible for investment by F. R. Banks
Acceptances:
Acceptance market; statement by Gov. Harding in re
recent visit to New York in connection with,


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

4/2

417
100
124
172
228
425
554
425
26
398
410
228
365
285
217
584
554
576
526
379
365
584
304
467

489

244

258-59

333

II

Page
Acceptances: (continued)
American Acceptance Council; letter containing answers to
Board's questionnaire on acceptances,and requesting
permission to publish both questionnaire & answers
5/25
Armour & Co., and Swift & Co.; letter from Deputy
Gov.
Peple of Richmond re; Executive Secretary authoriz
ed
to visit Richmond in connection with,
3/9
Bankers':
Discount Corporation of New York; copy of circular
of,offering for investment of banks, prime bankers'
acceptances, submitted by President of Baltimore
Trust Co.
2/3
Oral statement of condition filed with ZRBank of
New York by certain banking firms doing acceptance
business; correspondence re,
2/11
2/19
Purchase of, by a ERBank from member bank with latter's
endorsement; request from New York as to whether
to class as rediscount
4/5
Purchased In open market and held by FRBank of New
York as of March 27th.; memo. of hr. Paddock
4/9
Purchases of, by FRBanks from member banks; advice
to FRBanks re,
3/9
Rate of rediscount on, discounted for member banks,
established at 5;L, with minimum open market buying
rate of 5,for Boston, New York, and Phila.
1/21
Rediscount rate of 5,; for; telegram to Govs. of all
FRBanks modifying telegram sent Jan. 24th. re,
1/26
Reduction in minimum buying rate of, from 5a; to 510,
reluested by FRAgent Jay
2/3
Special rates for open market purchases of; reply of
New York to Board's circular letter (X-1837) re,
3/2
Banking corporations in New York doing acceptance business;
dates of last reports of certain, written or oral,
filed with FRBank of New York
2/4
Vice-Gov. to ascertain if the RBank has record on
file of oral reports of certain of above
2/4
Belgian renewal, desire of Belgian Acceptance Syndicate
to have declared eligible for investment by FRBanks;
letter from Mr. Kenzel
3/10
Belgian renewal, eligibility for purchase by aBanks of;
letter from Mr. Henze].
3/6
Conference in Vashington April 20th. to discuss general
question of, and rate of discount thereon,
4/12
Invitation to FRAgent Curtiss and certain bunkers
of Boston to attend,
4/12
Invitation to iRAgent Jay, la'. Kenzel, and committee
of acceptance bankers of N. Y. City to attend,
4/12


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

480'

133

164
192

342
364
250

81
102
135

i

226

141
141

256'
244
372
372
372

III

Page
Acceptances: (continued)
Domestic:
Abuse of; Gov. authorized to consult with General
Counsel and submit letter for forwarding
3/27
F. R. Banks re,
drawn
of
draft
bank,
Eligibility for acceptance by national
by French Finance Corporation and secured by warehouse
receipts, etc.; request from Nat. Bank of Commerce,
2/6
N. Y. for ruling re,
to
drawn
drafts
Opinion of General Counsel that
carry goods for indefinite period not eligible 2/9
Eligibility for rediscount of, drawn against whiskey in
bonded warehouses; negative opinion of Counsel re, 4/8
Etpire Petroleum Co. Acceptance Syndicate; offering of,
by advertisement, stating their plan re acceptances
1/10
has approval of F. R. Board
York:
of
New
F. R. Bank
Examination of specinen, by Gov. Harding, and statement that holdings of paper of this character
1/10
constitute prime bills of liquid nature
in
New
York
transactions
of
record
containing
Memo,
acceptance market, and holdings of acceptances by,
2/28
submitted by Gov. Harding
F. R. Banks; holdings by, of domestic and foreign
acceptances in which five largest packing houses in
3/20
U. S. are interested; report to be requested re,
Inclusion of documentary, by commercial houses, for purpose
of financing imports as liquid assets for reserve
against acceptances; request of Vice-President of
3/2
International Banking Corp. that Board authorize,
3/2
Reply of Gov. Harding
Request for recommendation in premises; letter
3/2
from Gov. Harding to Mr. Henze'
condition
Lee, Higginson & Co.; statement of financial
filed with F. R. Bank of New York, to qualify acceptances as eligible for purchase in open market;
1/22
advice re,
farm
and
nature
upon
made
be
Board votes report
of information given by all such firms,stating
1/24
whether oral or in writing
10%
of
excess
in
drafts
accept
Member bank; right of, to
of capital and surplus when secured by wood or wod
2/26
pulp in Canada; letter from E. R. Henzel re,
2/26
above
Reply of Gov. to
acceptances
re
letter
Mercantile Bank of the Americas;
2/9
drawn against importation of sugar from Cuba
above
to
referred
drafts
that
Opinion of Counsel
2/9
are eligible for acceptance


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

311-12

150
156
362

33

31

221

287

230
230
230

88

97

215
215
156-57
157

IV

Pa#
Acceptances: (continued)
Notes secured by warehouse receipts covering automobiles;
memo. of Counsel re practice of national bank
examiners in passing as eligible paper
1/7
Comptroller to call attention of examiners to
Board's ruling re above
1/7
Purchase of bills from accepting banks; replies to
Board's letter X-1825 in re,
2/24
purchase of bills from accepting banks; reply of Chairman
of F. R. Bank of Atlanta to Board's letter re,
2/17

179

2/3.8

les

Purchase of bills in open market by F. R. Bank of New York;
minimum rate of 510 approved on,
2/6
'questionnaire an; authority given Governor to send to
FRAgents at Boston & New York for confidential
distribution
4/24
Reserve against; recommendation of Mr. Kenzel that
Board
not approve as, acceptances of commercial houses as
distinguished from bankers' acceptances; approved
3/12
Schedule of, held by F. R. Banks, of each of five leading
meat packing houses in the U. S.; draft of letter
from Board to Govs. of F. R. Banks requesting; ref. 3/23
Letter approved
3/25
Varying of rates on, to determine at what point to establish
same, to create demand for acceptances; statement by
Gov. Harding of purpose of F. 'xi. Banks of Boston
and New York re,
1/10
Advertisements of State Member Banks:
Draft of letter submitted by Counsel for transmitting
Banks re,
4/5
Advisory Council:
See Federal Advisory Council
Agricultural and Livestock Interests:
Newspaper Interview by Gov. Miller of Kansas City re
fostering of,
8/10
American Acceptance Council:
Answers to Board's questionnaire an acceptances, with
request for permission to publish both questionnaire
and answers
5/25
Memo. of Mr. Harrison making report of attendance at
meeting of Executive Committee of,
3/9
American Bankers' Association:
Inquiry from Deputy Gov. Attebery of St. Louis re propriety
of his serving on committee of,
1/17
Suggestion from M. J. Dowling of, that Board submit to
friendly suit of national bank against MBank to
clarify portions of F. R. Act
1/23


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Federal Reserve Bank of St. Louis

21
21
20$

149

404

261

29
309

32

309

460
250

84

91

Page
American Consul at London:
Communication from, to State Department, re reported
method of British Treasury for paying off its
4/12
part of Anglo-French loan
American Cotton Association:
Invitation to Gov. Harding to address meeting of, at
2/2
Montgomery, Alamaba, in March
:
American Economic Association
Copy of article "Prices and Banking Policy" read by
President Forgan of Federal Advisory Council before,
forwarded by Mr. FOrgan; ordered mimeographed and
1/2
copies sent F. R. Banks
Anerican Exchange National Bank, Dallas, Texas:
Letter from, to F. R. Agent Ramsey, in re condition im1/30
posed upon exercise of fiduciary powers
American Foreign Banking Corporation:
Branches:
La Vega, Republic of Santo Domingo; notice of
1/27
proposed establishment of branch in,
from
Puerto Plata, Republic of Santo Domingo; advice
3/17
Corp. that it will establish branch in,
San Francisco de Macoria, Republic of Santo Domingo;
notice of proposed establishment of branch in, 1/27
San Pedro de Macoris, Republic of Santo Domingo;
notice of proposed establishment of branch in, 3/17
Sanchez, Republic of Santo Domingo; advice from
3/17
Corp. that it will establish branch in,
from
Santiago, Republic of Santo Domingo; advice
3/17
Corp. that it will establish branch in;
advice
Domingo;
Santo Domingo, Republic of Santo
3/17
re proposed establishment of branch in,
plan
re
in
position
Board's
Letter to, authorized, defining
for financing Cuban sugar planters during "dead
6/30
season"
to
permit
by,
requested
of
Board
Modification of ruling
reserve of 3/0' against acceptances due after thirty
2/17
days
2/18
of
Banking:
Azerican Institute
Chicago Chapter:
Contribution by F. R. Bank of Chicago toward new
5/19
quarters for; Board's approval of, requested
5/25
Draft of reply prepared by Counsel
Cal.
Angeles,
Los
Pedro,
San
Bank,
National
American Marine
Application for reduction in reserve requirements from
6/8
10-;,; to 7A, approved


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

370

127

5

121

109
278
109
278
278
278
278

581

179-80
186-87

469
482

524

VI

American Telephone & Telegraph Co.
F. R. Agent Curtiss elected on committee to investigate
allegations of C. H. Verner in connection with suit
against; Board's views requested as to propriety
of his serving
1/2
Intention of, to increase by 100%, rental charged F.
R.
System for leased wire service; advice from Gov.
McDougal re,
3/9
Renewal contract with; statement by Mr. Harrison of interview with General Counsel of company in re,
3/24
Telegraph service furnished Board at old rates; Gov.
authorized to sign contracts
4/30
American Trust Co., Charlotte, N. U.
Establishment of branch In Charlotte, authorized
2/6
Andrews (Representative):
Resolution of, proposing investigation of claims of nonmember banks in Nebraska against methods employed
by
FRBank of Kansas City in collecting items on nonmember banks not remitting at par
2/2
Angell, Montgomery B., Assistant Counsel, F. R. Board:
Detail of,to Treasury Dept. for purpose of accompanying
Treasury's representative to Virgin Islands, req.
3/26
Anglo & London-Paris National Bank of San Francisco:
Application of, to receive immediate credit for its
national bank note deposits with F. R. Bank of
San Francisco; explanation of FRBank's attitude
toward,
5/5
Anglo-French Loan:
Paying off of British part of; telegram from American
Consul at London to State Dept. re,
4/12
Annual Reports, F. R. Banks:
Abstract of; letter from Dr. Willis inquiring re
procedure to be followed In preparation of,
2/5
F. R. Bank of Atlanta:
Annual report for year 1919, submitted
1/22
F. R. Bank of Boston:
Annual report for year 1919, submitted
2/9
F. R. Bank of Chicago:
Fifth report, for year 1919, submitted
1/13
F. R. Bank of Cleveland:
Fifth report, for year 1919, submitted
1/13
F. R. Bank of Dallas:
Fifth report, for year 1919, submitted
1/27
F. R. Bank of Kansas City:
Fifth report, for year 1919, submitted
1/22
F. R. Bank of Minneapolis:
Fifth report, for year 1919, su'bmitted
1/16


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

VII

Page
Annual Reports, F. R. Banks: (continued)
P.R. Bank of New York:
3/8
Fifth report, for year 1919, submitted
F. R. Bank of Philadelphia:
1/29
Fifth report, for year 1919, submitted
F. R. Bank of Richmond.:
2/20
Fifth report, for year 1919, sulanitted
F. R. Bank of St. Louis:
2/17
Fifth report, for year 1919, sulmitted
P.R. Bank of Jan Francisco:
1/13
Fifth report, for year 1919, submitted
Director
from
letter
Method of passing upon drafts of;
2/11
of Div. of Analysis & Research re; acted upon
1920;
15,
May
due
bonds
gold
Treasury
Argentine five year
request from Deputy Gov. Case as to whether the 425,000,000
sold in New York market by syndicate should be paid off
2/28
at maturity
for
1919-1920:
Argentine Gold Export Movement
Report re, and request for Board's views re FRBank of
New York undertaking certain transactions involving
3/2
shipment of gold from London to New York
Peple
Gov.
Deputy
from
letter
of;
Armour & Co., acceptances
of Richmond re; Executive Secretary authorized to visit
3/9
.
Richmond in connection with,
bank
credit,
on
11th.
June
of
News
Morning
Article in Dallas
6/15
forwarded by RAgent :Ramsey
exERBanks
all
to
letter
transmit
to
Gov. authorized
6/i5
pressing Board's accord with views in article
Asia Banking Corporation:
Amendment of agreement with Board to provide that
aggregate of acceptances outstanding, plus total deposits, not exceed twelve times subscribed capital
2/11
and surplus
Certain security approved for, as reserve against out3/23
standing acceptances
Shipment by, of silver dollars to Orient and selling
sane without obligation to melt; advice re;
3/19
condition re melting waived
Assessment of RBanks for expenses of Board for period
6/15
July - December, 1920
Assistant F. R. Agents:
See under "F. B. Agents"
attebery, O. Li., Deputy-Gov., F. B. Bank of St. Louis:
Inquiry from, re propriety of his serving as member of
1/17
committee of American Bankers' Association
Auditing of gold settlement and other funds of 2.R. Board;
Executive Committee directed to submit to Board report
1/27
as to present method used in,


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

246
118
194
176
45
163

221

224

253
540
540

163-64
291

282-83
542-43

64

109

VIII

Automobile Paper:
Ruling by Kansas City that undesirable for rediscounting,
being non-essential industry; statement by committee
representing local automobile industry re,
4/27
Board's position re, outlined by Gov. Harding to
committee
4/27

411'
413

Itlilt

Ball, Frank C.
Inuiry from, re disposal of bank stocks upon becoming
Class "LP director of MBank of Chicago
3/3
Ball, R. L.
Copy of letter to Dallas re treatment of cattle loans
in Eleventh District
6/9
Baltimore Trust Co., Baltimore, Maryland:
Letter from, submitting circular of Discount Corporation
of New York offering prime bankers' acceptances for
investment by banks
2/3
Banco Leraantil American° del Peru, Lima:
Opening of branch at Pirua, -L.:ay 15th.; notice re,
5/19
Bark Credit:
Article on, in Dallas Morning News,forwarded by LirZsmseyEV15
Gov. authorized to transmit letter to FRBanks expressing Board's accord with views in article
6/15
Bank for lending money for growing and marketing cotton,etc.;
desire of Gov. Dorsey to make public letter from Gov.
Harding re establishment of,
1/10
Bank of Hasbrouck Heights, Hasbrouck Heights, N. J.
Admission to F. R. System approved, subject to filing of
corrected application
2/4
Bank of Italy, San Francisco:
Aotion in acquiring national banks and operating same as
branches; letter from FRagent Perrin and memo, of
Hoxton re,
1/6
Report re conversation of Mr. Ether with Gov. Calkins
re condition of, and request of the Governor in re
examination of national banks controlled by,
1/22
Bank of Japan:
Basis of participation by FRBanks under agreement of,with
FRBamk of New York, submitted by latter
5/5
Amandrent to above arrangement approved
5/13
Contingent liability of MBank of New York in connection
with bills purchased for; memo. of Mr. Emerson re
publication of,
3/23
Contingent liability assumed by New York in connection with
purchase of bills under contract with; memo. of 2.1r. Enerson
in re the FRBank Showing, in statement of condition
3/26
Form of agreenent between, and RBank of New York
3/13


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

233'

533

468
540
540

34

140

15

85

436'
450

290

308
270

LK

Page

1'

,S

3

i'

33
8

10

10

I

10

ra

5

35
50

,93

05
,70

Bank of North Dakota, Bismark, North Dakota:
Placing of, upon mailing list, for all publications
4/13
issued by Board, approved
Bank of Santa Maria, Santa Maria, California:
2/11
Permission granted, to establish branch at Orcutt,Cal.
Bankers' Club of Pittsburgh, Pa.
1/28
Invitation to Gov. Harding to address,
York:
New
of
on
Corporati
Bankers' Statistics
Estimate of present currency and credit inflation in the
3/27
United States requested by F. L. Farnsworth of,
report
District;
Third
in
s
condition
Banking and business
5/19
re, from RAgent Austin
business
banking
foreign
do
to
d
authorize
ons
corporati
Banking
under terms of Section 25 (a) of F. R. Act; regulations
3/24
re, ordered printed
Banking Laws of Georgia:
Proposed revised, submitted by FRAgent McCord, suggested
6/30
by Country Bankers' Association of Georgia
6/30
Reply of Governor
Banking Situation at Atlanta and New Orleans:
W. W. Hoxton to study, and to visit Atlanta and New Orleans
6/2
In this connection
Banks at Fort Worth, Texas:
Protest from, against discontinuance of district clearing
1/29
plan in Eleventh District; mmo. of Mr. Hoxton re,
1/29
1,
Date of abolition of plan postponed until March
that
Jay
Banks not remitting at par; suggestion from FRAgent
Board publish list of, instead of those remitting at
4/12
par
of
lists
Banks
Gov. authorized to procure from F. R.
4/12
banks not remitting at par, and report
Council:
e
Acceptanc
American
,
Bean, Robert, Executive Secretary
Letter from, giving pnswers of Council to Board's questionnaire on acceptances, and requesting permission to
5/25
pablish both questionnaire and answers
Belgian Acceptance Credit:
Eligibility for purchase by FRBanks of acceptances drawn
3/6
in renewal of; letter from Mr. Kenzel
:
Belgian Acceptance Syndicate
Desire of, to have renewal of acceptances maturing in May
declared eligible for investment by F. R. Banks;
3/10
letter from Mr. Kenzel re,
Bill, H. R.
McFadden & Stegall bills pending before House; confidential
mem. to FRAgents enieodying terms of letter to be sent
chairman of Banking & Currency Committee of House re, 3/16
Bill, H. R. 11918: (McFadden)
Providing for amendment to F. R. Act permitting State member
bans to be designated by Secretary of Treasury as depositaries of public monies, or as financial agents of
1/23
the Govt.; mem. of Counsel re,


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

377
165
113-14

311
465

299-300

581
581

514

117
117

369
369

480-81

244

258-59

276

92

'·

Bill proT1cl1ng for abol1 ticm cd 11Ub-treuur1ea; oop7 submitted.
by Cha1num ot Hou.e Bmking & eurre~ Comittee tor
OOmzMmt bj' Board •
2./6
GoT. authorised to request ur. Ja7 to attend baaringa
b7 Com:nl ttee cm bill
·
2/6
Billas
•
Drawn b7 oertain mat ·J*llcing houaea; attentiCD cd
F. R. Banks to be oalled to,
3/9

Pu:rohue ot,\.trom ao oept1ng --bank8:a repliea tram aneral
P. R. Banka to Board's l e tter X-1825 re,
2/2.A.
Purahu• ot, tl'om aoeepting banka,; repl7 trca p. R• · jgct
KoOord to B~ •a let t er re,
2/lB
Reotor !rading co. ~ ... Tork, oomplaint u to bill• cd;
letter trom ia. xensel
l/?A
B1.rekbea4, o. W., resignation aa Secrttt&ey to Conpt.rollar ot
01JrHno7, r@Orted
6/30
re~

Bot.rel'•

149

165
100

-

58'

to SenateBeaolutiCD 3281

Suggeated. amendmnt to,
Bcm4.ernea Bank of Chriatianias

3/27

3U

to ordar ~ S&Dteri· lftaort&n; camel.ling
ot • b7 ll'Y1n• . Bat. Bank, approncl,upott requeat ot

Dr&tt drun b)',

Acting Dired"tor, Div. Foreign Jtzohazag•

5/?Z,

B<mdas
GO'ft rmDCl t

I

Value ot, U HOuri t7 tor loan.; letter from 1. R. Bank
ot £tl111ta re,
6/22.
RehtuA, J. '·• bcmd u Aot'ing A.sat. ifU gent at Ph1la.
ti-4 at t60 ,ooo
6/22
Jllltledge, Oharl.ea G. • band t 1DCl at $50 ,000 aa Aotlng
uat. illApnt at Chicago
•
6/15
State and mnio lpal 1 wl thholcling cdt•riD811 ot, 1D Ti• ot
·preaent tinanoial ocm41ticma,.n ggeate4 lr7 c. s. DmUaoll
A oo. ot Bo•toll
1/12

u.

a.,

appl1oat1ona tor aale ot, aumitted, hti4 b7

!r...wer ot u. s. to MOW• :naUonal bazak o1J"culat1cm.
lm4G' Seotlcm 18 ot 1. R. Aot
3/23
114rloe trca OoT. m.ller tbn IBB-* ot Ka-•
OU;;r ia ill poa1t1an to diapoee ot oertalD, and requeatlnc Tien ot Board re; Board taarable
3/2?

u. s. •a

Bcmma
1. B. Bank ~ J.tlaataa

·

SohMnle ·..pt extra 00"1*'1&\icm tor mpi0799.-' tor periof.
.Jm. l - ..nm•
193>1
·
a/u,
Jmk. of loetOlla .
.
$be4»1e ot •~a OOJll>enaatlan t~ •llP10J9~ tor tirat
11a1t ot 18V 1920
.
a/e

'°•

'·a.

.•• a.... of Oblaapa
~u.,.1

.

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

-

o...,..a*1oa tar empl01ff8 tor tlr•' turt•,

19201 ncom1w'•'1cm H ~ d.
au.uate 8Mecbll•

-·

.um''"••· JedldiK

3l2

al•

290

311

XI

Page
Bonus: (continued)
F. R. Bank of Chicago: (continued)
Schedule of extra compensation for employees for
6/24
second quarter, 1920
F. R. Bank of Cleveland:
Schedule of extra compensation for employees for
3/8
first quarter, 1920
for
ees
employ
for
sation
compen
extra
of
Schedule
6/8
second quarter, 1920
F. R. Bank of Dallas:
Schedule of extra compensation for employees for
6/24
period Jan. 1 - June ao, 1920
F. R. Bank of Minneapolis:
Schedule of extra compensation for employees for
6/23
period Jan. 1 - June 30, 1920
F. R. Bank of New York:
Schedule of extra compensation for officers and
3/25
employees for first quarter, 1920
and
rs
Schedule of extra compensation for office
6/24
employees for second quarter, 1920
F. R. Bank of Philadelphia:
Schedule of extra compensation for employees for
6/22
six months ending June 30, 1920
F. R. Bank of Richmond:
Schedule of extra compensation for employees for
6/24
period Jan. 1 - June 30, 1920
F. R. Bank of San Francisco:
Schedule of extra compensation for employees for
6/23
period Jan. 1 - June 50, 1920
o:
of
Ohicag
Bank
R.
Booklet issued by F.
Language bearing on fiscal agency operations in; MOW.
2/24
of Mr. Emerson commenting upon,
Boston & Maine Railroad:
Loan of 45,000,000 to; recommendation of Railway Loan
5/28
Advisory Committee for approval of,
Boston Clearing House Association:
Adoption by, of maximum rate of aeo on net and available
2/6
bank balances; advice from Thos. P. Beal
Branch Banks, Domestic:
American Trust Co., Charlotte, N. U-, authorized to
2/6
establish branch In same city
sion
permis
d
Bank of Santa Maria, Santa Maria, Cal., grante
2/11
to establish branch at Orcutt, Cal.
ized
author
Brighton Bank & Trust Co., Cincinnati, Ohio,
be known
to operate branch at Cheviot, Ohio, to
1/15
as "Cheviot Branch"
assets
Ohio;
Citizens Trust & Savings Bank, Columbus,
acquired by,
of Lincoln Savings Bank of Columbus
2/11
branch
as
e
operat
and permission granted to

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

570

247
524-25

568

563

305
569

552

568

564

202

494

151

151
165

56

165

.

XII

PaBt
Branch Bmk.s, Do•eti o i.

•
)

,, (con tln'al d)
ClnelmMl '?rust Co.• Cl•ftlan4, Ohio , grrcitecl permieaion
t o eetU111h branch at 'feet Park. subm''b ot CleTelaD4
Clnel&Dd. ~t co., Clnelan4, Ohio, grated pen:zlaica
to operate Hough Sa'Y1D81 B&k ot Cleirelan4 u bn.nch ·
Coltlllbia Bank ot Bn York ,granted permi.a aim to
iah
branch at 'IJeetoheeteir A.Te. & Southern BlTd. ,Bro:nx.S.Y.
Comne~al Sa•iJiga Bmk & 1Turt Co., !olecio, e111o•
autborised to eatabllah branch 1n Toado
Pan:m'• a.,lrlng & 'rrult Co., '?arboro, B. C., grantM. _
pe:miaalcm to eetabllah branch at DeS8'9tta, . • · c.
Gll&l"41U SaYbaga & '?raat Oo., Cleveland, autbor1S84 to
eatabllah bramh at Roo.ky River, Ohio

••tPl

~ Bank.s, •.

6/U

567

3/23

3U

3/25

302

3/2.5
3/lf>

1/8

B. S7S t•a

Baltlmr•s
K:nena1on ot aotirlt iee and enlargement 06 bran:h;
report re,

5/15

~taras

Bir:pmd 1 tan ot not more than $1,000 ,000 tor largv,
nquu te4 bJ' JllBmk ot R1ahman4
6/1
RxpeM 1tare at amt not emM41Dg P>O ,000 4 or a1 ie,
& 1Dql11.r7 re prloe ot re•tncter ot 'block with
• 1• to tuture ~icm, llpprCJft4
6/8
BxpeDllitllre ot $260,000 1n aoqu1a1t1GD ot additiaa-

al pr0J>ert7, apprOTecl
Pm'c.hu• ot propert7 at ~t ot CalTel'\ 6
Lexington Str•t• tar
,000; a&lTloe re,

461
510

6/?.Z

561

6/29

576

Blpl.019••; oh&@Jta 1.n aalariea, etteoU•• Jan. 1,
1920, appl'OTed.
2/1.2

1'10

Salarieaa
~

.B., Aaat. P. R• .taenta letter tram, to Gen.,
re pnoD&l tlnanai&l obligaUon.a u .aacrthag
ottl al&l poe 1 ti ca

Oo'bn, J •

bttic, • ·a.,

48aipate4 Oha1rma1l or Bou-cl
oC 'r&ah tor 1911r 1920

1/17

Qarteraa

Jl---.1 ot lease ot, authorlsecl
Ja1'falo1
i.r-i.na ~mnt to, allowlJ:lc diftoton . llllltecl i
JGINI"• to
11pCID applioaticma toz 1'941aoomia

p••

--~

~'

a/e

o~ ~ara

5/5

-·- •/u

•:ta to, re appointing ..i.-oo-1 tie.,
~ ..-.n to reeelTe atte""•o• t . . . aal aUCl'N••
to eoftr traTell!Dg
6/U
111 tr

Up-••

Sal~i•a

· '
lmnaM• la, ot ·cvtata ~~ ..


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

XIII

Page
Branch Banks, F. R. System: (continued)
Buffalo:
Sub-commdttees; amendments to by-laws of branch re
appointing, the members to receive attendance
fees & allowance to cover travelling expenses
Cincinnati:
Salaries:
Lazar, B. J., Cashier, salary approved at
$3,900 per annum
Staff of,
Lazar, B. J., appointed Cashier, vice R. B.
Barrett
Denver:
Directors:
See under heading "Directors"
Salaries:
Adjustments of; memo. of Mr. Paddock recommendbig action on recommendations for,
Staff of,
Conway, Albert J., appointed Assistant Cashier
Olson, Joseph E., appointed Cashier

6/22

558

3/9

255

3/9

255

1/2

2

6/8
6/8

527
527

Detroit:
By-laws; amendment to, providing for Beard of Directors
1/26
of five, instead of seven, members
Directors:
See under heading "Directors"
Salaries:
6/24
Increases in, effective July 1st.
Staff of,
5/19
Maurice, F. J., appointed Assistant Cashier
El Paso:
Board of Directors; copy of minutes of meeting of
5/11
April 13th„ submitted
4/28
re,
report
;
of
recent
gation
Defalcations at; investi
Directors:
See under heading "Directors"
Executive committee; fee of $2.50 allowed directors
5/19
for attendance at meetings of,
to
fees
nce
t
of
attenda
paymen
Executive committee;
4/21
members of,requested by FRAgent at Dallas
$5
of
fee
that
on
endati
recomm
tee;
Executive commit
be paid directors for attending meetings of,
4/29
disapproved
Salaries:
Adjustments of; memo. of Mr. Paddock recommending
1/2
action on recommendations for,
per
42,000
to
ed
increas
salary
F.,
Britton, J.
4/21
annum
Davis, H. P., salary increased to 42,000 per
4/21
annum

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

103

570
469

446
416

467-68
400

419

2
402
402

_,

XIV

. .\

Branoh ~. P.
gi.

:a. Ss"stea, (oontinuedl
Paao: (com 1D:ad)
Salari•1
J:n.:nu• .1D 41.aey cm one emploJBe •
Ore:nt, " · a., aal.&r'7 ine:reaaed. to $2,000 par

-~

6/ll

~

~

~

SU'a1.ll.,.1. L., aa.la.r7 inorea.sed to $1, 000 per annum 4 / 2.l
~ la c-.h at; report re
4./9

Statt

40'
JU

~.

JUng, 3 . L., appointed Aaalstant P. R . Agmt
Slrglea, .lllm._ appointment aa uat. C&shier

2/2.A.
3/2 3

201
291

4/2.13

415

6/15

461

5/19

407

6/15

539

'f.U\1

RxpmJS m:re tar 1n1talllng lix money oheata in,

Bele:nai
Board ~ Direators;

appointee• to, 1uggeated b7

P . R • .&gent !li.:h
Dln~torss

S.. llDder beading •Directon•

Karlow, 'fto=na, GH1gnat ion aa Cbainmm, Board ot
Dire tan
~81

Pm'Chase pr Lee of ai te unduly high; . let t er trom Thoa.
P. JfNvme7 to Senator 'lalah allegi.Jlg,
3/4.
Houataa;
- - 1 - ; • • 1•-11t to, allowing direotora $2.50 tor
attad-:e at executi•• ooaml. ttee metinga
5/~
2/13
CM097, '· i:., reaipaUcm u direotar
Dafalcalona d; nport r• lnveat1g1.tlcm ot reomt,
4/28
,pirectora1 See 1DlC' bHdfig •Direotora•
suc:n41Te ao-1 ttee;
oL t2.50 allowed direotora
for au_.i~..,. at ••tillga ot,
5/19
, Kzeo-~u
.. h• i:i 'U•; NOOJDendaticm that tee ot $5.00
be pa14 d..lnG\.ara tor at ten41ng meet 1np ot, cl1•8P.Jl'Olrel
.
•
•/29
BJ:pmdft:me of ll,666 in accouatical treatmnt of walla~23

237

t••

1

'

~·
.idi:l.lUm:•J

292

apace apooired tor, to be renOTatecl to

Sl:lli ll99da

Salari.9s

419

.

or

br&mh

4./5

.&4.Jaa...U

~;
mm. of irr. Pa4doalt reoomnrdtna
~~a.
Doa&t• • .lolm o•• aalai7 1.nanued.
b ... I a la. oC two eiploJ9U
' Lr, S.. •·• JllllUl&WI'. inoreue 1D aa?az7 reo01D21I; m~lon ~encl
D1U.. c. J.., Chle~ Clvit. a&laJ"y approYed at ,

,

IZ..., par
~


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-

.

..

,

•

1/2
3/U>
5/11

S>4

2

1/6

13

3/29

Sl6

446

XV

Page

Al

40

461

4e
60

0
i
48.
10
411

4611

291

30
44
10
31

Branch Banks, F. R. System: (continued)
Houston: (continued)
Shortage of J10,000 in cash of Paying Teller; report
4/9
bearing an,
Hoxton
Mr.
of
memo.
departments;
Shortages in certain
1/22
suggesting no further action re,
Staff of,
3/23
Dignon, Lawrence E., appointment as Asst. Cashier
2/204
Manager
appointed
F.,
Gossett, E.
2/24
Cashier
appointed
S.,
Miller, Paul
2/24
Niendorff, J. H„ appointed Asst. F. R. Agent
Jacksonville:
Cooper, John C. , designated Chairman of Board of
1/17
Directors for year 1920
;tuarters:
Lease of, for five years, at annual rental of
1/13
$6,000,approved
Little Rock:
By-laws; amendment of, to authorize appointment of
6/29
Asst. Cashier
Directors: See under heading "Directors"
Salaries:
6/29
Adjustments in, of officers and employees
Los Angeles:
By-laws; amendment to, allowing directors J10 fee for
5/11
attendance at executive committee meetings
Directors: See under heading "Directors"
Staff of,
5/5
Shepherd, C. J., appointment as Manager
Louisville:
By-laws; amendment to, authorizing appointment of
6/29
Asst. Cashier
heading
"Directors"
See under
Directors:
Salaries:
6/29
Adjustments in, of officers and employees
of,
Staff
6/29
Muir, Earl R., appointment as Asst. Cashier
Memphis:
Directors: See under heading "Directors"
Expense item "luncheon,conference officers and managers,
2/11
428.35"; no objection by Board
Zuarters:
.
Lease of Goodwyn Institute Bldg., with expenditure
to cover vaults and surrender of present leases
5/5
in building, approved
Salaries:
6/29
Adjustments in, of officers and employees
Staff of,
6/29
Fuqua, V. S.,appointment as Asst. Cashier


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

366
85
291
201
201
201

63

45

576

579

447

433

576

579
576

166

435
579
576

DI

.Brano.h

Bank•,

SJ- t • i

( oon tinued)
· ·"'?
Bar~ord, 'I. B. , deaignat.d Oh.airman· of Board ot
l / 17
D!reotora for 1920
Bew Orleana 1
Baah, A. P., designated Deputy Chairmn ot Board ot
Direotora tor 1920
'
1/ 17
Di aoounta: apprcnal ot method ot paaa1~ an, requoated
07 F. B. Agent lilOOord of Atlanta
\.
.- 2/6
Telegram trom .Board to Manager ot, re meeting 1.n ?Jn
Orleana,Feb. 6th. ,tor diaauaaion ot Boarci'a ·p&r
oolleoticn plan
2/5
Cltlahona 01 t7'
Dmiel, C. E., appointed J&aD.ager & Direotar
6/8
Direotora I See under madlng "Di.re 0 tors"
Earhart, L. H., reaignatian u Jlanager &: Direotcr
6/8
Quarteraa
Conaluaicm ot l eaae tor, at t550 per .month,approvecl 3/~
ln&b1l1~ to acquire, at reaao:cable rental;
advice n,
2/19
Report trom GOT. Jliller ot· Kaua.a 01t1 re v1a1t to
Qklal:uma Oit7 in aearoh ot auitable , ~ .
2/25

P. B.

•aahTUle:

•
)

atatt ot,
Daniel,

c. E.,

appointed Manager & l>ireotor

Barba.rt, L. B., reaignat10ll u Kanager ' D1reotar
Omabas
D1reotora 1 See under heeding "Direotoraa
Barb.an, L. ll., appointed Jlanager Ir D1reotor

qMrteras

l~

6/8
6/8

6/8

Ptu'ohu• ot 1&rnlml Building at

()M,ba tor perwment
qurtera, author1H4
Salar1•1
!,4Juatmenta ota memo. ot 11r. Paddoak reoonnend'ng
&ctlaa 1n re,
Bar~, L. n., .Actmg Vanager,•ala17 approftd n
f',500 per •nmm
Statt ot,
Bu'bari, L. H., appointed •anager & Dlreotar
'1-ecbml., P. B., appoint eel 0Uh1er
lleilliater, B. D., rea1pat1cm u euhier
!elegr&Jb aerYioe betwen, and. Kanaaa Oit71 oontraot

OOT•ing;

P.i' tabar&tls

6/6
1/2

2

4/13

6/8
6/8
6/8

5/Ui

Qmrteaa

PVohue ot Seocmd ~oul. BaDlt Blcta. at J»1ttaburgb •
tor • • of, appl'Offll. ~·~,~,
1/22.
Pol: q ot !reu1117 J)ept •. 1D oc; · •litat1Dg inatruoticma to1 ·
.. lett• 'bf J1r .e Left1JJgwU n.'·'v,
.
·
4/t

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

I

8'

I

Page
Branch Banks, P. B. System: (continued)
Portland:
By-laws; amendment to, allowing directors $10 fee for
attendance at executive committee meetings,approved 5/11
Declination of e. R. Bank of San Francisco to establish
clearing account with, for Broadway Bank, Portland 1/13
Staff of,
Laming, C. L., resignation as Director and Manager
4/27
of Branch
Salt Lake City:
By-laws; amendment to, allaying directors $10 fee for
5/11
attendance at executive committee meetings
Staff of,
Motherwell, R. B., Manager, salary sane as when
4/14
Asst. Chief Examiner at San Francisco
Seattle:
By-laws; amendment to, allowing directors $10 fee when
5/11
attending executive committee meetings
Salaries:
Shepherd, C. J., Manager, salary increased to $7,000
1/13
per annum
Staff of,
5/5
McLean, C. A., appointment as Acting Manager
Spokane:
By-laws; amendment to, allowing directors $10 fee for
5/11
attendance at executive committee meetings
of,
Staff
5/5
Partner, W. L., appointment as Acting Manager
Tulsa (proposed):
Resolution of Directors, Kansas City, approving appli1/20
cation of member banks of Tulsa for branch there
1/20
Establishment of branch disapproved by Board
Branch Banks, Foreign:
Antwerp, Belgium:
National City Bank of New York advises of opening of
1/28
branch at, on Jan. 21st.
Barahona, Dominican Republic:
International Banking Corporation advises of opening
4/24
of branch at, on April 12th.
Cape Town, South Africa:
National City Bank of New York advises of opening of
1/30
branch at, on Jan. 15th.
La Vega, Republic of Santo Domingo:
American Foreign Banking Corporation advises of proposed
1/27
establishment of branch at,
London, England:
National City Bank of New York granted permission to
2/2
establish branch in,


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

447
46

411

447

380

447

47
433

447
433

69
71

111-12

405

124

109

129-30

Dlll

\

'

.. ..,
Branoh

&mk•,

Jor6ig111 ( oon tinuecl)
BDglm4s
•
· lat1onal Ci t7 .Ba:Dk ot Bew York granted peraiaaiCID to
aatabliab sub-branoh in,
Ma41'14 Sp&ins
Batfpnal Cit1 Bank ot Bew York a4T1sea ot opening ~

Lon~

branoh at,

6/8
4/8

Pirua, Perua
OpeJling of branob at, Mq 15th., ot BlmOo uarcantil
.Amerioano del Peru, Lima; ~ot1c• re
PDtrto Plata, Rapublio ot Santo l)omingo:
.U.rioan Jor•issi Bamktng Corporation a4Yi.a•• it will

••tabllab branoh at,

\.

5/l!J
3/17

San Pr~oiaoo 4e Jlaooria, ReJl'lblic ot San'o ])rwtngoa
Aaiiirica Joreip Ba>rtng Corporaticm a4T1•• of

propoaed u tabl1ahment ot bramh at,
1/27
San Pedro cle llaooria, Re;piblio ot Santo J>omlngoa
Amtrioa loreign BazJktng Corporation a4T1M• 1 t will
aatabllab branch at,
S/ 17
Sanobls, Rapiblic ot Santo Domingos
l.lmriel& tor•isn Bamktng Corporation adTiMa it will
aatUliah 'branab at,
S/17
Santiap, Rapubllo ot Santo Do-tneos
~loa for•issi Bmktng Oorporatimi a4T1Ma it will
••tulllll lu>anoh at,
3/17
Santo J>om'D&O• ll~io of Santo Dc1n1ngo1
.Amr1oan Joreip Baking Corporatlcm
u wU1
eatUliU. branch at,
3/17
Brightc:a Ba12k 6 ft'Uat Co., Clno1maatl1 Cllios
.l1lthor1-4 to operate branob at Obnlot, <»Uo, to be mama
u "Obnlot Bnnah'I
·
1/15
Brltlab lczth .&mrJom Bak, ot Saa bamlaoos
Bl1g1bll1 t7 tor mamberahip ot, 1n •1- ot ecmtrol b7 Bank
ot llmltreala 1Jlquirf t:roa San i'ranoiaoo
6/15
Brit1ab !nUU171
ll9POl'te4 1Jltent1<m Of, to p-arahue do'llriti• for pqiDg
9tt- Br1 tiah part ot .&zlglo-l'renall loaa t•?.ecr- trcm
!Wlom c-.111
~o State ~'
4/12
Broe.... la*, Portl-4. Gregan1
Deollaatloa ot P • .It. llDk ot au l'ramtaoo to eatuliall
olear1q ~oant tor, with PortlmMl Bruo1l
· l/U
ll!na, •· o., 1'Na14mt, kUcmal LtT.took .uaootaUmu
IDY1t&tl• fl-om. to ..-9-of loar4, to ailr'w oollfflltl•

a4Ti•••

at

i.m•

ot ll••toak . . m O!doaco, - . lftla.~hled.-.
~ to . . - et&tamt o• n..
6/a

'

Bula•• Ooll41 tlou1
alarp4 ~na •1 .uitt-au to toroe ~ !'JI"• _,.,.

tor •>cine. at an ...1Jlh1a& .tdoe " · . 1/U
i.atter fl-~ Dr. Willia n M0111'lq •aea-""7 ~ 1/m
. ,,...

De09uaz'7


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

!S'IO

616

Page
Business Conditions: (continued)
Review of, in Second District, from Asst.Agent at N. Y. 4/17
Byars, J. Cloyd:
Letter from, criticizing action of Board in increasing
1/26
discount rates
By-Laws, F. R. Board:
Amendment to, covering publication of resolutions of
3/30
personal character
4/6
Revision of,

41

51

51

C. E. Denison & Co.
Letter from, re State and municipal bonds, suggesting
withholding of offerings of, in view of present
1/12
financial conditions
Tenn.
Caldwell, James E., President, First Nat. Bank, Nashville,
Letter from, re F. R. Bank discount rates and general
4/5
discount program of F. R. System
Call Loans in Commercial Centers:
Draft of reply of Gov. Harding to Senate Resolution 328
3/26
in re, approved
Canadian Society of Philadelphia:
Advice from, re bettering of trade relations between the
U. S. & Canada, by appointing special representatives
of Canadian Govt. in each consular district in U. S. 5/5
Capital & Surplus:
French-American Banking Corporation; amendment of agree1/12
ment with Board in re,
applying
banks
member
against
"Graduated excess charge"
for rediscounts in excess of; memo. of Counsel re
1/12
proposed plan whereby RBanks may impose,
Referred back to Counsel to obtain opinion of
Consulting Counsel & report if action ever
1/15
taken by Board along similar lines
Opinion of Counsel requested as to whether in reduction
of capital stock of a MBank its general surplus of
6/9
t should be reduced proportionately
;
loT
agreement
to
amendment
Corp.;
Banking
Foreign.
-Union
Park
with Board so that aggregate of acceptances outstanding,plus total deposits, not exceed twelve times
1/28
subscribed capital and surplus
from
borrowings
whose
banks
member
showing
Statement
FRBanks were in (mess of, Jan. 31, 1920; attention
called to, and statement ordered furnished weekly,
3/18
including item re reserves
Capital Stock:
See Stock


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

391

104

321
347-353

38

337

307

432

41

38

56

532

113

281

• •,.r;-

•

Catta Granra1
Bnin ol aituatim of. •1J889•ting relief

through l o wer
diaoount ratea. ti-om Pre-1.dant of Kanana 01 ty Live
~/21
Stook
C.ttle In<h18t17 1n ftnth Distriots
O&ll -.de by repreaant at1Tea o! , at F. R. Bank at
K&au City; letter trom GoT. Uiller re,and re effeota
ot graduated. diaoount r ate plan upon thia induatry
5/10
J'in&Dal.ng. mthodl used in; · report from Gov. Killer
5/15
cattle Loana1
Draft ot let ter, aubmltted by Kr. Moeblenpah, tar sending
F. B. BaDka in re exten.ding aoooDIDOd&tiona to farmer•
oarrying ·~ oattle•; aaticm re,
6/28
Treatmmt ot, in Blnenth D.1.atrlot; lett er t'rom R.L.Ball
to Dallaa r • ,
6/9
Cc tral Beaene 4' Jl•••n• Cit tea 1
Clhattaooga; uaip.atim ot, u a oolmtJ7 'b&Dk oi t;J,
reql»atecl bJ Chattanooga Clearing Houae .Aaaooi&tion
1/17
~aUcmn•tre tor aecUng eaonomla'ta, eta., in re reclua 1tlcat1aa. ot, ad re reaene and net deposit
11&bil1t1•, nlmitteil b7 i!Ugent Curtiu
l / 17
Oertit1oa'8a ot l.n4e)~••1
Bat abllalwnem b7 a IBBenlr ot pr~erential. rate upon member
" bank not• M<nlrecl 197, with tlpproTal ot IB.Boar41 mmo.
ot Coma el re poaal lill• proaedure ot Bank in SWlh oue 1/22.
Iaaw.noe and 1'9U.~i ot ane-y..r !r...\117, to aeoure
'· B. Jmlr not• oirclllatlcaa opinion of Counael u to
AAthor1t7 ot s.<sreta17 ot ft'e&aU17 re,1ZDder Pittmn
j,ot
4/5
1
Liberal subaor1pt1ca to n•
Tre&aUJ7f . telegram
trom GOY. Bard1Dg to Chair- ot IIRBmka requeatlng, 1/7
f'rtuUr71 letter trom Semtor '!hoaaa m re pol107 ot
f'reUlJl7 Dept. re lJltereat ratea ea, t0g9tbe w1 th
let t er fro• 8eonta17 ot Treu1U7
3/17
. Letter trca Saatcr ftgeea ret•N4 to S.Cll"etary
ot ft'9u1117 tcr repq
3/23
Tre&al1171 report re
ot oae..Av ~. b7 u. s.
'lreuurer, i o •lea to acner cnU'd:l'~t•
a/a
b°eUUl7.a repon n 1U119 o~ GD*-4-W 2$ b7 u. s. \treUQ.1'_..
to 'f t-lra to aoqr cw..aafta
·
3/19
Tr•UU71 retire..• ot mY-J'NI' 8J>eal&l, 4epoalte4 to
aec111"9 Jllllwnk • • • •tur1JIS cla.rlDC QZ'Ua ...,. ot

Blri>.,.

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op1.nicm

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Gnamar_tha& Seoa•sq 4oea not u•
.... t-11ale at preaet U..
4,/&
/
OertU1oatea ot Ottloe a

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1'1nlalalac of •ftltUle,

to

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; Ottlcera Ult: ~· ~ D1Yla1- o6 •· B. Bcm"4a
nao•w•hUcii ~ *'• wt>>er
· ·'"


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

. ..
r>/10. . .....-

Page
Chattanooga Clearing House Association:
Application of, for designation of Chattanooga as
1/17
country bank, instead of reserve, city
Checks:
Regular blank, placed in custody of Fiscal Agent, to be
4/1
written and issued from his office
Chicago Clearing House Association:
Reluest as to whether, should occupy space in proposed
6/15
new bank building of F. R. Bank of Chicago
Cinco Minas Co., New York City:
Protest from President of, against shipment of silver
1/9
dollars to Orient
Circulars, F. R. Board:
Circular to FRAgents, and form for exemption of officers
and employees of FRBanks when on official business
from Federal tax on Railroad and. Pullman tickets,
6/29
submitted by Asst. Counsel Angell
No. 21; amendment of, to bring within intention of Board
1/26
as disclosed by recent rulings in specific cases
No. 21, re eligibility of candidates for directorships;
report of Law Committee suggesting no further public
2/13
announcement re,
Citizens Bank of Fort Valley, Georgia:
4/24
. Application of, for admission to System, disapproved
Cltizens Savings Bank, Pasadena, Cal.
. Recommendation of Counsel that bank be instructed to omit
word "National" in advertising connection with System 2/6
Citizens Trust & Savings Bank, Columbus, Ohio:
Assets of Lincoln Savings Bank of Columbus acquired by;
notice re, requesting permission to operate as branch 2/11
City Trust Co. of Newark, N. J.
2/17
Conditions of membership of; memo. of Counsel re,
Directorates)
Interlocking
(See also
Clayton Act:
Directors of national banks serving as such in violation
of; letters to, submitted by Asst. to Counsel
Francis, D. R., Jr., eligibility of, to serve as director
of Merchants Laclede Nat. Bank of St. Louis; reply
3/17
of Gov. to communication from bank re,
Recommendation of Law Committee for disapproval of
3/18
application
Violations of; letters for signature of Gov. in re
1/6
reported, submitted by Mr. Wyatt
Clayton Act Committee:
Authorized to review situation in each F. R. District in
re interlocking directorates, and to summon RAgents
4/12
to Washington for consultation


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

66

329

540

27

579-80
106

173-74
406

151

165
177

353

277-78
281
14-15

371

D.II

ClearlJ:Jg & Colleotians
•Clearings

-

~ Bmk, Portlmd, Oregon;
declinat.1.cm ot San
Fran~iaco to establish c learing ao ~tmt for , with

Portlmd Bran.oh
l / 13
Diatr ict oleari.Dg plan in Eleventh Dist.; f'Ur ther
re t erfJDoe to etfeotive da te 'et abolition ~.
l /24
Distric t clearing plan in EleTenth Dist.; protest
agairiat disoon tinuanoe of, trom banks- at Fort Worth,
TelCU; memo. ~ Kr. Boxton re,
1/29
Date ot <&bolition of plan po1tpoll8d to Maroh 1, 1/29
F. R. Bank of Kanaaa Cit7 par oampaign; oomplaina.nta
a.go.inst, to be noti:tl.ed Board will grant hearing
bu t not receive depoai ti on.a
4/6
Par olearing -.oest ion; A.pril 28th. and 29th. set aside
bJ Board tor purpose of bearing Nebraaka bankers on,3/24
Beeolutian ot direotora at A.tlanta re putting i nto
et tee t ~ges by member banks upon oua tomera on out
ot town ohecka cleared through ~ R. Bank
2/24:
!alle7 alearin8 plan; protests aep.inst abol i tion ot,
t'rom ftrlous member banks in Eleventh Dist.
1/17
Clearing Oaten s
see lmder beading "Cl -.ring Cant era•
Coll eoU aru
Aot ot lil•a11a1pp1 legialature to prevent P. R. System
entoroing provisions ot Seotion 16 of Aat re e.xoban811
obarps bJ non-member bank•
3/6
Bmka 1n Pitt1burgb, adoption bJ, in tuture, ot par
oolleotion ot obeoka; ua'IJl"anoe glvm G-Ov. Harding
re,
4/24
Cbarge1 impoaed by member ban.ks on ouatomera under
Seotica 16 o'l JR4ota letter trom Boa.rd ·to Banlm

..

,

appl'O't'lDg, cm baaia ot intereat at fJ$ per annum

tar tim ot item in tranait
Clearl:ag Bo"Qlle .U1001at1an ot .ttlanta, Ga.;

.2/2.4

report
n !allure to mak8 etteotive,plan tr:r dltferentl&tlan 1n achange ohargea against 1tema 0£ banka
not an par liat
1/30
CoU.otlan agemiea 1D Xleventh Di• t.; eat&bllalumnt
ot •rta1Jl, HaoDDadecl 'b7 PfU89nt llw•1
2/24
0«9l•tnt h'oaa ••bruka Dept. ot !rad• & Com.roe \n re
•tbo4a ellpl.0194 b7 iBIAk ot X8J'IU 01 t7 in colleotlcm ot i t - ot non-mmber baka not olMl"ing
UJU"
2/2.
.•••• Bmlka to be a4T1MC1 to route amoks ~ parring
~lllber bmk.a 41.not tor oolleot icm, and not
tarwar.i to national bau
.
4/SO
•thocl of, oOUeoting 1 \ - on ne»-m1.d>er 'banua letter .
~ B.lgeDt Keath
1/4'


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

..

.r-

,

l~

201

MrJII

Page
Clearing & Collection:
(continued)
Collection: (continued)
Par collection system; changes suggested by Deputy
Gov. Peple in letter of Board to House Banking &
3/24
Currency Committee re,
Propriety of FRBank receiving for collection maturing
items forwarded direct from member bank in another
district for account of the MBank of such district;
memo. of Counsel in response to inquiry from Dallas2/17
Restraining order of Fulton Superior Court issued to
FRBank of Atlanta, in re collection of checks;
1/15
telegram from Bank re; reply of Board approved
from
Modification of above order; advice re,
1/17
Counsel Randolph of FRBank of Atlanta
on
banks
member
Schedule of charges to be imposed by
customers for collection of items on out-of-town
2/20
banks; Gov. authorized to submit appropriate,
to,
Section 13 of F. R. Act; proposed amendment
defining position of ERBanks re collection of
exchange charges by non-member banks; letter from
5/5
Gov. to House Banking & Currency Committee
Clearing Canters:
4/14
Statement by Gov. Harding re,
Clearing House Association of Atlanta, Ga.
Failure to make effective, plan for differentiation in
exchange charges against items of banks not on par
1/30
list; report re,
Clearing House Associations:
Extent Board may count upon cooperation of, in securing
nation=wide par collection by differentiation in ex•
change charges against items of banks not an par list;
1/30
request made PRBanks re,
Clearing House Representatives:
See "Conference of Clearing House Representatives"
Clearing Houses:
Suggestion to be untie certain, for no changes in rates an
deposits pending report of conference of clearing house
1/6
representatives in Chicago, Jan. 23rd.
Clement, Norman P.
Permission granted, to serve as director of First Federal
4/17
Foreign Banking Association
Cleveland Trust Co., Cleveland, Ohio:
Permission granted, to establish branch at West Park, suburb
6/24
of Cleveland
of
Permission granted, to operate Hough Savings Bank
3/29
Cleveland as branch
Coal Commission:
Goldenweiser, A. E., Asst. Statistician of F. R. Board,
delegated to assist President of Commission for
1/10
temporary period

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

299

175-177

57
66

196

'451
379

122-23

123

19

393

567
316

35-36

C:Obba. J. B•• A.sat. F. R. Agent at Birminfl)ums
Peraonal tillllJlOi&l obligations in r elation t o official
poal Uon; l et ter r e •
Codeas
Code tor a4Tiaing 11BJ.genta of oondit1ons imposed upon
memberahip ot St ate ' inat i tut1ona
Beoo.,,.-nded oha.ngea in dlaoom:it r a tes to be tra.nami t t ed
in oode

-

_ \.

3/8

2/ 2
2/ll

Coerooin to oompel Sta t e banks to Joi n F. R, System. or to
aubm.1' to rule a or reg\llati.ona made b7 Board or .PRBanka;
reao luUon of Senat e requeating infornation trom .Board
u to truth in r e .
l /20
Dratt of reply to Preeident of Senate in re above
1/27
Cotte7. w. c •• Cha11'111Ul ot Comnittee ot Wool Ora.era:
Let t er ot appreciation t o Board t'rom. for c ourte97 shown
CODaitt••• ana submitting propoaed. statement to preaa
re pla t or meting wool situation
6/22
Collaterals
Contapl&tecl action bJ Chioago in deolinin-g to aooept aa,
tor F. ll. not••• ~r H oured. bJ Ga.t. obligations
11Dlesa .. oured a \ :la anet ratea, apprond
5/28
Deoblcm ot Board that JB8ar!k1 should not aooept oollateral
note• t or recllaoount trom o ther PB.Banka. lml.eaa 1ecured
by colla teral ot l°°" market v&lue
6/ 15
Colleotlon .&pno1M in Ble·...nth 7. :a. Ditltriot s
Y.atabliahment ot certain, reao"'"9Dd.e4 by JRAgent Jlamse7 2/ 24
Columbia Bult ot •n tom a
Perm1aa1on granted. to establish branoh at Weatcheater
An. and Southern Blvd. , .Bronx, W. Y•
•
Comeroi&l •ation&l Bek. 'laahlngton, D. c.
~pl1oat1an ot • t or author1 t7 to euroiae trust powera
3/9
4ppl1oation ot, to aot aa trustee in deeda ot truat
aeaurlDg pqmnt ot bond.a or prom.11aoey notea;appro-.cl 3/25
Co-aroi&l S&Tlnga Bank 6 Truat Co •• 'foledo, Cllios
Permiaalon granted. to eatabliah bra.nab at oorner ot
.uhla4 A••• and Baorott st., ! oleclo
'
3/ 25
eo-ittee appoint.cl at ocmtermoe ot GoYemora ~ril '1-10,
1920, to atQQ iuue Ir reclmptlcm ot P. ll. om"renc7a
nport ~.
6/29
Oomli'te• ~Wool Grc.en, eto.
lA'ter ot appreciation f'rom Ohairman ot, t or courte17
ahowll 'COlllU,tM b7 Board, and. mWtt1ng propoaed atate_., to prua re plsa tor meeting ,.ool altuaticm
6/ U.
oa-itte• cm Jl~ SeowU~••
- . . . . . ot a elrioe trc:a Oomptroller of ~Ul117 n
3/29
Joarcl'a' posera in ••ti.Dg,
Orsaai•tlcm alll. expaMa ot,
S/2.t
Jlwa--1
3/29

7Z
llO

301

515

'

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

-

.

.

Page
Committee on Revision of Currency Designs:
Mr. Hoxton designated to act an behalf of Board in
3/6
connection with,
Committees, F. R. Board:
Bulletin:
4/6
Moehlenpah, H. A„ appointed member of,
6/8
of,
tempore
pro
member
Platt, Edmund, appointed
Clayton Act:
Authorized to review situation in each District re
interlocking directorates, and summon FRAgents to
4/12
Washington for consultation
l
Oongressiona
for
resolution
draft
Committee appointed to
action making effective provision of Section 13 of Act
2/20
for no exchange charges against FRBanks
Executive:
Directed to submit report as to present method of audit1/27
ing' gold settlement and other funds of Board
Hamlin, C. S., appointment as mmber ad interim of,
4/5
pending appointment of Vice-Gov. of Board
Miller, Adolph C., appointment as regular member of,
4/5
for quarter ending June 30, 1920
Moehlenpah, H. A., appointment as member of, for
1/2,
period Jan. 2 - April 1, 1920
Moehlenpah, H. A., expiration of term of office,
4/5
April 1st.
Railway Loan Advisory:
Appointment of Executive Assistant at $4,500 per
4/1
annum, approved
4/16
Delano, Frederic A., resignation
5/25
of,
member
McLean, Angus W., appointed
5/28
Acceptance of appointment
4/1
Securities"
on
Railroad
"Committee
Name changed from
,Oaarters, equipment, and suitable office force
4/1
authorized for,
4't5,000,000
of
loan
of
approval
for
of,
Recommendation
5/28
to Boston & Maine Railroad
Ur.
succeed
to
member
of,
appointed
Scott, Fred,
4/16
Delano
5/25
Appointment declined; report re,
re
resolutions
to
draft
appointed
Committee
Report of
2/17
retirement from Board of Hon. Carter Glass
Membership:
State Bank
To be instructed to discontinue activities in re par
point campaign, to prevent misconstruction of
2/24
attitude of Board


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

244

354
529

371

196

109
343
343
1
343

331
389
482
500
331
331-32
494
389
482
178

199

XXYI

I

/

·'

Comptroller of the CUrrenoya
Request trom, that .Boa.rd p rint report ot OODd1 tion ot
national banka wa of Dec. 31, 1 919 , in coa::reeucm w1 th
pub lication of reports of condlt 1011 o!· at::t>er b&Dks
ot 1ame date
3/2. 7
Above not cljemed lawtul by Geuaral COlm.891
3/29
Bulletin Comni ttee authorised to print 1D 3ullet1D
•\J:\.h par ta of abat.raot as ot interest to System 3/ 29
Comptr ol ler ot the 'l'reuu17s
Advice trom, 1n re Board' 1 powers 111 meetl.ng 4Ql)miae• ~
Comni ttee on Railroad Securit 1• org anised madar
Tran1port&tion Aot ~ 1920
3/2.9
Pre1ent at muting of F . R. Board
3/ 2.9
Reply tram, to GOT. Harding, re authorit7 oL PBBcx!rd
to pur ohue rea l ea tate for otfio•
5/'J!J
Condit i cm Report ot Guarant7 truat Co. ot Bew YorL CU17 s
Inquiry tram Mr. ·.i1111a.m as to wbeths:r ~ bad been
rece ivecl trom :Sn York 1n re, a.s o! Dao:. 31, 1919
2./3
Vioe-Gov. reported no repl7
2/4. '
Aa11a tan t Sean ta17 reported no repq
2./5
Report ot ~ndi tlou forwarded. b7 2!Ugent l q
2/6
Condl tion Reporta ot State )(ember Banlm,
lleque1t b7 .Board'• Statiat lo ian that eall tor , be
daterred. lmt il liq
2/2.A
Candi t~on Statementaa
lie m>. ot Mr. Bmeracm re l!BB&nk at Iew To~ llh.o71ng in,
oontingent 11.abili t7 uaumed in aonneoti011 with
purohue ot b Ula under contract wi th Bank or .Japan
3/2.6
Oral s tatement t ile d with i'flBank ot
Y~ b7 certain
bmking f1 rma 4o1Dg .ooeptanoe bl:lsim. . ; ~•pcmdm e e
re, am •'1181•t1cm all st&temema be in penmwat tora2/ll

31.i
3H
31~

3lS

31£
46i

130
1'3
l '
148

•ew

i./19

CQ&dltiona 1n SeOODd 1. R. Diltr1ot s
Dally report at, aubmlttecl
ft/9
COD.termoe 1D ChiQ&8> ot thoae lnt. .ened in wool grodDg
in4ut17, oallAd b7 oertain U. s. Saatara; b1'd r.quaated. to 1eD4 repream tatl wa
6/15
telecr• trom Board to l!ll&gema at Chi<:aEP,
C1t7.
and MSnneapolia :reP,atlng attenctsme
6flr,
conterenoe in Wuh1ngtm m jprll 20th. to d1aaa. gmmral
~
paticm ot &OOeJ>tamea am rate ot diaooant tlm'ecai
•/12.
1-. R. Agem Jq, Mr. Ic•l, '-4 ommtttee ot JamDra
·ot Bn Tork 01v ·m1te4 to
•/J.2.
P. ll. jgtnt O.tia~ ed. oertaln ba:DJtera ot Boetma
lnTi ted. to 8*tc4,
4/12.
ermo• ot-C l~ Bo~e Jlepna•'-Uwa at Cb'•F.l•· 2lr4.
qpolDtmeDt of but one cl9legate tQ uteDll. l>7 Sa
Jram1800 Olearlng Bo-. M80a1atlm; 11r. JimTbl /
MthorUecl to bo• alW'lDc bouae1 1n two oti.r o.iU•
ot Dlatriot _.. d•le•te•
l/lll

Ia••

"tall· ·


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

164
192
365

5l
540
372

~12
31?

Page
Conference of Clearing House Reps. at Chicago, Jan. 23rd. (con.)
Compilation of information showing practice in various
sub-centers in each district re interest rates on deposits; suggestiaa of Mr. Jay for forwarding
1/17
conference
Draft of message presented by Gov. for presentation to;
1/21
approved for transmission
Expense of representatives attending; inquiry from
1/17
FRAgant Austin whether FRBanks are to pay,
1/17
attend
to
instructed
Hoxton, W. W.,
Rates an deposits; suggestion to be made certain
clearing houses for no changes in, pending report
1/6
from conference
Resolution recommending maximum rate on bank balances at
2il. passed by; notice re, And re statement of Thos.
P. Beal, Jr., representing Boston Clearing House Asso.1/24
Stenographic report of proceedings of; inquiry from
1/20
ElAgent Heath as to whether Board desires,
Conference of Clearing House Reps. at Washington, Jan. 6th.
Gov, authorized to transmit request made by, through
1/6
FRBanks, to clearing houses in F. R. cities
Resolutions adopted by, presented by Gov. Harding with
1/6
statement
°onference of Federal Advisory Council and Class "A" directors
With RBoard; memo. of Asst. Secretary re furnishing
5/19
FRBanks with report of proceedings
COnference of Governors, F. R. Banks:
3/9
Tall for, in Washington, April 7th., authorized
Comnents by Board on recommendations made at, April 7 10; letter from Gov. Harding to Govs. of Banks
6/4
containing,
4/5
Program for, beginning April 7th., approved
5/25
Report of, held April 7 - 10,submitted by Mr. Hoxton
Report on topics discussed at, and recommendations made
4/21
by, April 7 - 10, submitted by Mr. Hoxton
7-a,
Reports of Goys. in response to topic 1, sub-section
of conference, re commodity hoarding, submitted by
4/21
Mr. Hoxton
7April
held
Suggested reply to recommendations made by,
6/1
10; memo. of Mr. Moehleapah submitting,
7th.,
Topics for discussion at conference an April
3/26
forwarded Governors
COnference of Representatives of F. R. Banks:
Board's views re holding of, to discuss personnel and
welfare questions, requested by Organization Counsel
3/2
of MBank of New York
Industry:
Wheat
Ccalference of Representatives of
Invitation from U. S. Wheat Director for representation
5/5
by Board at, in Chicago, May 7th.
5/5
attend
to
authorized
FRAgent at Chicago

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

65
76-77
67
65

19

97-98
69

17-18
17-18

465
254

522
337
482
398

399
509
309

227

434
434

Dflll

.. ,

_,

Connell, Jol:D Joseph. appoint.eel s tenographor in offi c e ot
Comptroller ot car~
Consnlt~

Counsel

4/"lI>

~liott s

l /3o
Bea lgnation, e:tfeetin Peb . I.st .
Convention ot Liwstoe.k i.:sn 1n Chi~ , June 19th.
lnTi tatim t'roz:a k ticmal .LiTe a tock A.asociation to melli:>er
. ot Board to addreb, deeli.Ded, but Board to aend
6/3
•tatemmt ot Yiea
COoperatin Store ff ~079e• ot__? . R • .Bmk ot Kanae.a City:
PrOteat t'rca Retail Grocers uaociatian ot Kansaa C1t1,
11.0. ,aga.inat open.ti ca;. of,
3/23
Corporat1cau Organisecl 'QDd.er Bdge Bills
Partial t u e:u.r:pt c;m on aeeuri tie a i s sued by; memo . ot
'I . s. JU• w1 th ~ation.a tor,
1/29
Correapondilmae:
Circul&UJJg c arre~d.ance al members ot Board 1A
uecuth• t oldiu'; atte:ntlcm called t o neglect ot,
6/l
b7 llr. II.ill.er
Cottcm:
Bark limi tM to le:n:l ing lllO?!e7 tor growillg and marketing,
and othfr &gl"l.cultural product.; desire ot GoT. Doraq
ot Ga. to c:aat~bllc personal let t er trom Gov. n,
l/10
Cotton, J.P.
To be requaate4 to tlDdartake preparation ot regu.laticma
goyC'Ding operation.a cd c orporations t o be organised
mader Edge A:::t
2./3
Colm8els
BmplOJ'Mllt of addlticmal, to aaaiat 1n preparation ot
regalatic111.a gpwruing ::orporationa under Bd88 AOt;
1/ 30
qQe•tim " •
•
Counael (.Additicma.l)s
eottcm, J. P., to be requeate4 to prepare regulation•
goT•rniDg operations ot oorporationa organised under
Kdp AOt
2/ 3
COunael {Canal ting):
Elliot~. LI. c., rea1gnat1on. e:tf'ectlTe Jlab. lat.
1/30
CO-am el {GeMral):
.
Inatruotecl b7 Board to p-epare bill maldng etfeotin plan
tor diacOllllt rate laglalat1m aollt9q)late4 m Board'•
•nnml lleport tor l9U
2/9
Inatrucacl to Mri•
to proo9C111re 1Jl caloulattng
pmal.U.ea on cla:ticieaaiea in r••n•
'J/11
~tructeil to t'lr1llall ••ntcm ~t o wmther bl il9>•ing

Board••

paalU• Gil de:t'loleDCiea 1D re•n•, um ahoul.4 be
oaloala'-& 1lp01l ~. or ueirip baa1a ·
~
' · 8/J;l
lutraate4 to lll:t'cma Board re •t.ho4 tar reoord!J:lg 1D
wt•t•, peim...1- ~... 11_.,u allowlDg reaerna
aptna' 61poalt UM111.U~ to t&U. below ah1t-..
a/12


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

516

293

118

510

l

159

Page
Counsel (General): (continued)
Instructed to prepare letter to FRBanks containing
codification of Board's rulings re paper secured
3/9
by warehouse receipts
Law Committee to instruct, to render opinion re certain
phases of F. R. Act relating to suspension of
3/2
reserve requirements
Memorandums of, re
Attendance at meeting of Executive Committee of
3/9
American Acceptance Council, reporting
Bill H. R. 11,918 (McFadden), for amending Act to
permit State member banks to be designated by
Secretary of Treasury as depositaries of public
1/23
monies, or as financial agents of the Govt.
l
politica
of
Board's resolution defining eligibility
or public officers for office in a FRBank,submit2/9
ting suggested amendment to,
ding
recommen
Citizens Savings Bank, Pasadena, Cal.,
same be instructed to omit "National" in
2/6
advertising connection with F. R. System
of
ns
conditio
J.,
City Trust Co. of Newark, N.
2/17
membership
bank
member
of
location
Effect of change of name and
in connection, with alteration of name of payee of
1/12
bill by Texas Bank & Trust Co.,Galveston, Texas
with
on
connecti
in
Franchise tax paid by FRBanks,
letter from Mr. Perrin suggesting method of
4/24
disposition by Government of,
applybanks
member
against
"Graduated excess charge"
ing for rediscounts in excess of capital and
1/12
surplus
opinion
obtain
to
Counsel
to
back
referred
Matter
of Consulting Counsel and report if any action
1/15
along similar lines ever taken by Board
hestablis
of
in
case
FRBank
a
of
e
procedur
Possible
ment by it, with approval of Board, of preferential
rate on member bank notes secured by certificates
1/22
of indebtedness
of
receipts
by
secured
paper
on
rates
tial
Preferen
2/11
bonded warehouses
Propriety of FRBank receiving for collection maturing
items forwarded direct from member bank In another
district for account of the FRBank of such district2/17
Railroad Transportation Act of 1920, duties of
3/9
F. R. Board. under provisions of,
on
redempti
and
purchase
for
provide
to
Senate Bill 3680,
2/2
tion
denomina
4100
and
$50
of
bonds
Loan
of Liberty


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

250

224

250

92

157-58

151
177

40

405

38

56

87
164

175-76
252
130

'

DX

_,

\

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Counsel (Gemral) i
USDC>randuma

(oontinwd)

ot,

H
~?70.

1ntrodDoe4 by Senator OW., to aim,n d
l'B.lot 1n re matter ot interest ra tea charged by
member banka
l/2:J
'!u upon d9t1o1em iea in reaen-ea
3/29
, Teiaa Bank &.: Trust Co., Galnaton, !fem.a, applioation
Senate Bill

.

)

,,...

J •

tor memberahip;

apprOTed aa reoolllDeDded

1/2.2.

T•v.a Bank & !rust co., Galveatcm, Texaa; oonditiona
ot memberahip impoeed upon,
\.
·· 2/17
Oplnloni ot, re
.t.ooeptmoea dra1ID apinat importations of sugar- trom
Cuba, el1g1b111t7 of,
2/9
.1.ooeptu.oea dr&wn against whiakq in bonded warehouaea,
' daolaring not el181ble tor ndiaoolmt
·
4/8
Wational banks in Baaii 1 au tbori t7 ot iRBoard to
gr1111 t t 1duci&ry poser a to , lmder pr~ iaiona ot
Seoticm 11 (k)
2/6
ProT1a1ona ot ~t imposing penaltlea an defic ienciea
inHU~a

~

BecUacounta b7 IIRBanka tcr State member banks
4/5
Bestrioticm bJ m.Banka ot red.laoolmta o£ ~per ot one
borrower tor difierent member b&DD
2/3
31gbt ot Board to ll'Pl'Oft pretermtial rate on paper
aeourecl by reoeipta issued by bcmdecl warehouaea
2/17
Stat..-it --4.e , ~ interTi• w1 th General Counael o~
U.rioan telephone & telegraph Co. in re renewal
oantraot w1 th JllBou"4
3/24
Counael'• Ottioea
B:q>lo,.Dt ot additional ocnmael to aasiat in preparaticm
~ regal.atiom. governing operation• ot OOI'J)Orationa
. Ol"811D1se4 under FAge .tot; queatian re, ref erred to
COlllD1 ttee ta; report
1/30
Co1Z11tertelteraa
.Arr•t ot I NP.Orted.,
t ar oounterteiting ten dollar
I
In Tork PBBmk notea
4./9
Ccnmtry tmk••' Aaaocl&tion ot Georgi&s
Propo9ed rttlaed banldng_ lau t or State ot Georgia

li,

..

Rall• ted. .
aubm1 t ted bJ J!Ugent JIOOord
6/'JO
Onell ts
CMold.ng ot ezpanaioil in Elgbtll DiatrJot; oorreapcmdenoe
n, .W.llitted b7 Kr. Hanoa

0Ga4.1t1ou in Dall• D1atr1ota r.11J>on re,
Ccm41Uona, and•• Jl. note a1t'Q&t10l1, la •lnth Diat.a
• lett• boa JJUgem B1all ot JUnrr..,olla aumlttillg

· ~·~.

•/?.J.
5/1...,

1/7

-~·· .ataaq bona.rs; mSNM ln natiaaricle
•~1

a19w8 io

1D1braatlca n

..


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

be lnatruoted to 1.Jlterch&p
ancllt ute.Ja494 to,

. 3/9

Sl-·
311

86

l8C
157
36!

251
33?
134
179

299

365

581

399
429

Page
Credit:(continued)
Policy to be pursued in control of; Gov. to prepare
5/6
press statement of Board's views re,
Credit ec Banking Conditions in Third District:
5/12
Report re, from F. R. Agent Austin
Credit & Business Conditions in Ninth District:
5/10
Report re, from F. R. Agent Rich
Credit Situation:
attend
Three directors from each MBank to be invited to
on
Board
with
l
meeting of Federal Advisory Counci
4/17
May 18th. to discuss,
Credit Situation in Eighth District:
of
Mr. Hoxton authorized to visit St. Louis for purpose
5/10
discussing,
Cuban Sugar Planters:
season" by
Statement re plan for finftraing, during "dead
by Asst.
ed.
,prepar
ances
accept
issuance of three month
6/al
Board
by
le
eligib
Counsel; not considered
Currency:
to nonPropriety of a FRBank furnishing, without cost,
from
re,
letter
par;
at
member banks remitting
3/25
MAgent at Dallas
note
R.
F.
sing
increa
by
ced
Unusual demand for, eviden
ing
issues; telegram from Board to RAgents re,ask
2/18
cause
:
States
United
the
in
Currency & Credit Inflation
orth of
Estimate of present, requested by F. :1-;• Farnsw
3/27
York
New
of
ation
Corpor
Bankers' Statistics
0121'rency Designs:
ated to act
Committee on revision of; Mr. Hoxton design
3/6
with,
tion
coopera
in
Board
on behalf of
Current Expense Accounts of F. R. Banks:
notes in,
Separate showing of figures re cost of F. R.
4/12
recommended by FRAgent at Boston
Cu:ctiss, Frederic H., F. R. Agent, Boston:
allegaPropriety of, serving on committee to investigate
tions of C. R. Vernier against American Telephone &
1/2
Telegraph Co.; Board's views requested re,

Dallas Morning News of June 11th.
ded by
Article on bank credit appearing in, forwar
6/15
FRAgent Ramsey
s,
FRBnnk
Gov. authorized to transmit letter to all
in
views
with
accord
s
Board'
expressing
6/15
article
Daylight Saving Law:
See New York Daylight Saving Law


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

438
448
442

391

442

581

304

183

311

244

371

3-4

540

540

UXII

I .

.• '?

Delano, Prederio .A., resignation as member ot Railwa1 Loan
4./16
.AdYiao17 Coamitt"
Deni aan &: Co. , Boa ton,
See o. E. Deniaon & Co., Bos ton, Mass .
Depoaitari•• ot Public Mollieas
H. R. Bill 11,918 t o amend 1B.4ot t o permi. t -deaignatian
ot State member banlm b7 6earet&17 of 'rreaaur7 aa, or
u tin&Doial apnta ol' the GoTt . i !Dim:>. of Counsel
l /2.3
re,
Direoti• der J&"faaohe 'lmlks

Maa•.

Barm&rld.ng ot g old tor, bf JRBank ot new York
6/8
Dinotor•s
B1rmSngh&m Brancha
Kettig, w. B., designated Cba!rmaD ot .Board ot Direotora
tor ;year 1920
l/1 7
Board'• oiroular f2l re eligibi li~ or oandidatlta u; to
be amtnd.84 to bring within intention of Board u diaol.oMd by recent ruli.ng8 in epeoitio oaaea
l /26
Board'• oiroular #21 re ellgibilltJ of oandidataa aa,
report of Law OoDmittee auggeating no f'ar thG" public
ancnmoement re.
2/13
Olem1nt, Borman P., gr~ted pemiaa1an to •ne u
direotor of P1r•t J'ecSeral PareigD &mktng Aaaoo1at1cm 4./17

l:i

l T.l

DezlTH' Br&nah I

-

Burkh&rclt, o. 4., report re appointmmt aa director
1/9
Election ot direotora for .,eaz 1920; n oU oe re•
l /U
Poater, 4. o., report re appoinb:mnt aa direotar
1/9
Park.a, o. c., report re appointment u dlreotor
1/9
Detroit Brana.ha
B7-lm • JMDded to praride ~or Board ot t1Te,1.natea4
ot ae.,.n, members
•
·•
1/26
lDONU• in mmber tro11 the to anen, appl"Offd 117
Ill.Board through 1na4Tvtmoe, endeuor to be made
to reatore at&tu.8 qGO of b7~1an in thia reapeot
1/12
•ame• ot two additional 41.notora auggeated b7
ftl.&8ant Beath t or oonaid.•&Ucm
1/12
Bl Puo Branoha
ft• ot 11.00 tor attending executive oommittee nt.et1Dga,
41aapprGYe4
4./29
ft• ot t;2.60 tor attmcUng eaoutive ooDIDi itM
illetlnp, llpp1"0Te4
•
5/19
Gllben, R. R•• notice ot re-eleotloD tor 1920
1/),.2
Kerr• A. 'I. 1 notiae of re-eleoUca tor 1920
1/.12
Sw..rt, u. s •• notS.Oe ot n-.leoUClll tor 192.o
1/12
-,. R. Bmk ot I••aa ClQa
.
11emlng, '• We, DO obJeotiOD to aooepi.no. ot appointzzmlt on Board of ...Oatlon ot K•n•u Cl 'i7 • uo.
2/u
r. R. Jank• ot ail..S.lphlaa
.
~ ot dlnotara attwtng eaoutift' comlttee' maetbaga
iDcreuect · to
1/6

tao.oo
f


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

'2
'2

us
'6i

40
4oO

'°
20!
14

,.

Directors: (continued)
F. R, Banks:
Lotion by Mr. 2diller that Board furnish,with suitable
5/10
certificate of office
Co.;
Trust
Cleveland
and
,
Co.
Trust
Guardian 6avings &
letter from PRAgent dill in re directors of,serving
2/l7
at same time as directors of national banks
Helena Branch:
5/15
Appointees suggested by f. R. agent Rich
5/19
5/25
appointee
Board's
as
designated
L.,
Ford, Lee
5/25
director
as
selection
re
advice
0.,
R.
Kaufman,
6/15
Kaufman, R. 0., election of; advice re,
5/25
Kelly, Charles J., advice re selection as director
Kelly, Charles J., appointrent as Board's director
0/9
suggested; referred
6/15
Kelly, Charles J., election of; advice re,
:arlow, 2. A., appointment as Board's director,
2/2
suggested; referred
5/25
Larlow, Thomas, designated as Board's appointee
idarlau, Thomas, designated as Chairman of Board of
6A5
Directors
5/25
director
Rouley, H. W., advice re selection as
6/15
Rowley, H. W., election of; advice re,
Houston Branch:
1/12
Andrews, Frank, notice of re-election for 1920
1/12
Bryan, Guy II" notice of re-election for 1920
2/13
Chidsey, J. C., resignation
unexpired
for
Farrar, :I. M., appointed director
2/24
portion of term of J. O. Chidsey
committee
executive
attending
Fee of ,5.00 for
4/29
meetings, recommended; disapproved
committee
executive
attending
Fee of ::?'2.50 for
5/19
meetings, approved
1/12
1920
for
of
re-election
notice
R.,
Lawder, 3am
Jacksonville Branch:
Cooper, John C., designated Chairman of Board of
1/17
Directors for 1920
Little Rock Branch:
1/12
Appointment of, for :iear 1920; notice re,
Los Angeles Brunch:
Waters, A. J., appointment in place of 3toddard Jess 1/12
Louisville Branch:
1/12
Appointment of, for year 1920; notice re,
Lemphis Branch:
1/12
Appointment of, for year 1920; notice re,
Nashville Branch:
Hartford, 7. H., designated Chairman of Board of
1/17
Directors for 1920


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

443

161
461
467
479
479
539
479
128
539
128
479
539
479
539
40
40
173
200
419
467-68
40

63
38
37
38
38

63

..

..

·.'"'I

Direotora: (continued)
Rational bank, serv ing as s uch in viol ati on of ~layt an
A.nti.Jfruat A.at; l e tters to, s ubmi tt ed by ASst. to
Counsel
N9'7 Orleans Branch:
Bu.ah, A. P ., d8'1swited Deputy Chairman of 3oard
ot Directors tor 1920 ~
Oklahoma. City Bro.n:lh:
Berry, J.'t.1., appointment-· approve d., Vi.::e-Gov . to
ascerta in 11' a greeable to Mr . Berry
A.ppointmen t declined by Ur. Berry
Daniel , o. E • • appointt:lent as director ..md ~r
Earhart, 1 . H., resi gnation as dire ctor and mmager
Election of; quest i on re, to ~ br ought up at

meet i ng Jan. 16th.
Elect ion .,o t, ~ue s tion r e , tabled
Ele ot i on of dire otor on behal.f o£ :Doard, dis~sed ;
P ~ E . Uagee of Tulsa re.::omnended
Uatter referred to cOllllllttee for rep>rt
Uee , ·11111am, appointpent approved, 1£ agreaa.bl e to
. him

4/6
1/ 1 7
1/ 16

1/17
6/8
6/8

1/2.()
l ; a>
I

.a,ppoin tment a ocepted. by l.a'. IJ.ee; no ti~ re,
1/ 17
.appo 1n t~ t Q9ll1'1~ ,
1/2.9
selection of,: advi.}e trom PR.&Bent BaJ:lllq re . s ugge st1ng oandidates tor appointltent by Boa.rd
1/6
Thurmond, E • .1.., appointe d Board's director
1/29

Olm.ha .Branoh:
.lbbott, George

E.,

no t i .)e ot appointment

Drake, Luther, noti~e ot appointmant
Earhart, L. H., appointment as Jlireotorl&nd n»nl'&ftr

...

-

o.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,

.

·.
.•

70
74-75

59
67
120

11

119

1/9
1/9

26
26

6/8

527

T., notice o! appointment
1/9
noti ce o!,
l /U
Direotora, Claaa •A•:
F. R. lkmk of D&llaa.: '
Pa~nt of per diem allowance to, at tending comerenee
on l4q l~th., diao.pproved
4/2.1.
!hree, from each g .· R • .Bank, to be invited' to atteDd
oonterenoe of Advisory Counoil with .soar~ 18th.,
. to dia-auaa genar~ credit aituaticm
4/17
Direoto~a, Olaaa •B•a
i . R . Bank. of Atlan\aa
·
,•,, · '....
,Sl.man, Leon c. , eleatian aa Olaas •B" dir~tor '!'&Jo ~ ,
term ending Deo. Jlat., :.1920; notice ot •
- -~ 1/2 . .
P._ ·B. Bank, ot Bew York: . ·
•
El1g1b111tj ot ot.ticer ot lite 1.nsuranile ooapiv
u alua "B" d1reotor
1/17
Butman,

Election of , tor year 1920;

s.:&
5::.7

1/15
1/ 2

l /U

../

59
67

26

105

391

5

6

Page
Directors, Class "B": (continued)
F. R. Bank of Richmond:
Oyster, Janes F., tligibility as Class "B" director
while member of D. C. Rent Commission; memo. of
1/22
Counsel re,
of
draft
prepare
to
ee
Referred to Law Qommitt
regulation in accordance with suggestion of
1/24
Mr. Hmnlin
within
not
on
Commissi
Voted member D. C. Rent
intention of Board's circular #21, series
1/26
of 1915
Directors, Class "C":
F. R. Bank of Chicago:'
Ball, Frank C.
Appointment approved, to succeed E. T. Meredith,
for term expiring Dec. 31st., 1922, & Gov.
2/25
to ascertain if he will accept
Appointment declined, awing to inability to dis4/8
pose of bank stock
r;
Disposal of bank stock upon becoming directo
3/3
inquiry re,
ed
forward
wualified as director and oath of office
5/10
Board
for
Committee appointed to submit recommendation
2/2
successor to E. T. Meredith
with
ed,
Meredith, E. T., resignation submitt
2/13
suggestions re successor
F. R. Bank of St. Louis:
Boehne, John W., desirability of resignation, in
4/1
view of proposed Congressional campaign
Discount Corporation of New York:
Circular of, offering for investment of banks, prime
bankers' acceptances; copy submitted by President
2/3
of Baltimore Trust Co.
Discount Rate Legislation:
Bill making effective, plan contemplated in Board's
Annual Report for 1919, to be prepared by Counsel
2/9
for submission to Congress
Discount Rate Situation:
Discussion of, postponed until Feb. 9th. that Secretary
2/6
Houston might be present at meeting
Discount Rates:
Amendment to Act making effective graduated discount rate;
5/11
plan for, recommended by FRAgent Ramsey
from
letter
to;
Criticism of situation with respect
1/16
J. B. Strodk to Secretary of Treasury
changes
no
where
on,
Discontinuance of weekly reports
re, 3/4
are contemplated; letter to Chairman of FRBanks


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

88

99

106

207
362
233
442
128
173

328

133

159

148

445
61-62
235

I

..

Dj,,aoomt Bateaa (oantlnned)
· ~ D1aparit7 between, preTa1lJ.Dg t SolltherD and Northern
F. B. Baukaa article 1D . . . Yo~ World c r1tiois1ng ,
Gov . authorised to z::::aD mi table ret1ponaa to
oritioiam
·
P . B . .BllDlt ot A.tla\ai

2/2

l::t

4/13

374

fi/14
Matter oonsld~a no aoticm .·
5/26
Gra4uatecl r ate plan a~ecl tor,
Uini.DauD open marlmt r a te tor...pzrohue ot bankers
a.ooeptanoea, not to be publiahed,app rond at ~ 1/23
Bate ot .f..1' approftd t or all e.rt1t1catea ot indebted. neaa and trade aQC9J>taDc"
•
1/2
Bate ot "!' appl"O'Yecl on 1- 90 dq notea, inoluding

381
495

ID9bar bank collataal notes H"Curecl

b7

-

• . B . Bank ot Boa ton.1
A.boll Uon ot cU•0o1in.t rate cm 'baken• aoceptanoea
B&Dltera ' aaeeptaaea; · dealre ~ Bak 1n aboliahing
dilO~t r at. cm. to bndl• at cc
aro1al paper '
rate ,pnaert'l.ng opm mr~ rate ~ ~' aotion re ,
Obangea in, reoo
'94 b7 ••pnt CllrtS.a; nt. to
Tiae-GOT. to atate p>a1Um d ~
Go•. Bar41Dg at:borbed
can.nlt Bak re,
Opinion ot Board 1"9quMte4 n ....u.bll1t7 ot maidng

'°

)
f


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

5

95
95

., 206
95
464

95
96
"/

6/3
521

6/4.
1/16
3/ll

recliaao1111t rate ot Jluilt fl/, m all ej.aaaea ~
paper, 1-90 cla1a
2/ 9
Rate ot '-!C &JP'O'f94 cm all lMM MOlD'W b7· certlfloat• ot ~•'Me& u or ~ lane or naturi t7
1/2
Bate ot ... appl"Oftcl on p.ip.r eecaecl 117 ~
oert1ticaaa of
1/ 21

hldlt...._•

96

u. s.

oertificatea ot ·tnM!atem.aa
1/23
Bate ot 5% approve d an b:mkera' ~::ep~:ea diaoounted
t or member banka
1/23
Bate ot ~ approyecl en ~ .aurecl b;y u•. s. oert1t1oatea ot indebtedmaa, 1-90 la.;, mat.ar1t7
2/25
Bate ot 6¥ apprcmt..i Ollll-90 ~ notea, 1.nolmtng member
bank ool lateral not.ea . .~ b7 l.1bert7 bonda &
vioto17_not•
I
1/23
Bate ot &$ &pprOftd. Oil pmper, all. 11aturitln, aeourecl bl
~ oertitlcatea ot lDle~u
~/19
Bate ot ~ apprcrre4 on l-90 dq cc• •rolal paper
1/ 23
Bate ot 'i$ apprond OD not.a •3'm"ed b7 War Plnano•
OorporatiOD baa4a
1/23
Jlatea 1n apeoial U>auacUaaa CJD paper aeoured b7 iJ. s .
bcmda iuued prior to April , 1917; letter re , . . 6/1
Bat• cm psp• a.c11ncl - u. s. :ert1t1catea ot
l.mebtecmeaaa letter re,
6/22

.,

-

" la

'

Obap a 1n ra tea, reoo-4e4

~

2/2

v
y

61
26'

Page

95

95

go,

Discount Rates: (continued)
F. R. Bank of Boston: (continued)
Rate of 5/0 approved on paper secured by U. S.
2/25
certificates of indebtedness, 1-90 day maturity
Liberty
by
Rate of 5i% approved on paper secured
1/21
bonds and Victory notes
3/11
s
Rate of 512-;; disapproved on bankers'acceptance
Rate of 65; approved an conuercial paper of all
1/21
maturities
ral
agricultu
by
Rate of 64 approved an loans secured
1/21
paper, 91 days to six months maturity
Finance
War
by
secured
Rate of 7f4 approve/ on paper
1/21
Corporation obligations
d
discounte
es,
acceptanc
bankers'
Rate of rediscount on
for member banks, established at 5%, with minimum
1/21
open market buying rate of5;15;
/13
2
action
no
in;
changes
re
Recommendation
3/9
tabled
in,
changes
re
ation
Recommend
6/3
Schedule of, submitted and approved
2/17
re,
Hoxton
of
Mr.
memo.
in;
increase
Suggested
F. R. Bank of Chicago:
1/23
Rate of 4i; approved on 1-90 day notes
Rate of 4:1; approved on rediscounts, 1-90 days,
1/10
secured by U. S. certificates of indebtedness
1/10
Rate of 4-2 approved an trade acceptances
1/23
Rate of Wel approved on 1-90 day notes
Mate of 5e approved an paper secured by 5t; certificates
5/15
of indebtedness
Rate of 52; requested an paper secured by U. S. Liberty
4/24
bonds & Victory notes
on
paper
all
approved
,
Rate of 52f), or GS in necessary
4/30
secured by Liberty bonds & Victory notes
5/1
Bank
from
advice
'late fixed at efA, upon
ral
all
paper,
agricultu
Rate of kr, approved an
1/23
maturities
and
paper
l
day
1-90
commercia
an
Rate of ef,„ approved
1/23
trade acceptances
notes
l
member
collatera
bank
an
Mate of q; approved
secured by Liberty bonds & Victory notes not owned
4/28
by borrowing banks
Finance
by
War
notes
secured
on
Rate of "go approved
1/23
Corporation bonds
5/28
approved
and
submitted
rates,
Schedule of new
F. R. Bank of Cleveland:
Attitude of executive committee re further advances
5/25
in,
3/11
ed
disapprov
by,
Certain rates submitted


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

206
82
264
82
82
82

81
173
250-51
519-20
177
94
34
34
94
460-61
404
422
426
94
94

418
94
500

479
264

•

\

.

DDlll

Dlacoant B&teet

(oontinued)
ot Cl eyeland:
Change• in rate• ~aoDl"ll8Ddecl
Matter tabl eel
~
J&att ar t aken up tor oans1derat1an; no ao ticm
•ot neoeaaar1 to 1noreaae r ates a t, at present Ur:m'
letter •t&ting,
Bate ot 5¥ apprarecl on paper aeourecl by 6¥
. ..certittoatea ot indabtecm•••
Rate of ~ approTed. on paper •e(JO.ntd b7 L1bert7
bao.da and V1oto17 not e•
B.eoc•1111u:adat ion n ab&Dge in, tabled
Jlequeat b'om, that no ohange be made at present in
rat•• on paper aeaured bJ GoTt. obligation•
Saltiedul• ot rates apprcmtd tor, •1milar t o that
apprOftd tor ftlBaDk ot Wn Yol'k
Scbacml• or rate• •W:ai t ted and appro'f'8cl
tJnitara rat• ot ~ apFOftd on all paper aeoured ~
u. s. oerUtioatea ot iDdebtedlleaa
,,.• B. Bank ot Dallu,.
Plan t ar me)rtng etteotiw graduated 4.iaoount rate
m-v'wnt to IB.AOt, reao. .Dded b7 JJUgeDt Jlamllq
Pol107 ot, not to •wl7 prosr••i•e· rates to dratta
baTing attaobecl bill• ot lading -oowrlng grain
aotual.11 •old and in prooe•• ot ahipnmt
~•t1an at ratea to be oana1derecl b7 Bxeouti'fe
Comal ttee ot Bank at maeting Ja. 29th.
Rate ot "I' approrecl CD J.-90 da7 not•, 1nolud.1ng
mJlber baDlt oollat•al. notes aeoured b7 oert1t1oatea at 1nda btedDaaa
JI.ate ot 8$ 11pproncl an rediaooUDta ot b&Dkera'

P. a .

~

. 900ept&Dae•


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

6/8

• 526

5/14

• 457

5/11
3/9

. 2

445

5/10

442

1/29
1/9

~

5/11

6/8
1/23

l 6
29
539

6/ 15
J,

• 5Z5
90

l/30
1/3()

i!ppl'OTecl on 1-90 ~ note•, inolud!Jw
mmber bank ooll&tcal notes •eoured. bJ' L1bert7
band.a or Vlo tor'J' no tea ,,
1/30
Jt&t• of 4' &Jll>l"OTecl cm agr1oult11r&l. paper, 91 c1q8 to
aix month.a matw1 t7
1/ 30
Bate ot 8$ apprcrred. CD 1-90 4q agr1oult11ral p.pc,
1nollll.lq maber bank note• ao HGQ.N4
l/3'J
Bate ot llJ lppl'O'f ed CD 1-90 ~ 00-.~ial paper t
lnollll~ mab• l»mk oollateral note• ·ao MamM l/'60
Jlat. ~ 1$ &ppl"O'fe4 CD l-90 4q b"ad.e cceptaaea
l/:SO
Bate al ~ ca paper ••c11Nd. 117 lt1bertj' bcm4a and
Tiotar7 aotua letter trim BaDk
5/1
Bat• ~ • llPJll'OT•cl Cll notea M<J11ncl )J War ftnam•
00ipl"&t1all bCDla
1/3() .
Ba~• ca paper MO'CD'ecl 1'f u. a. fl'eUUJ7 oert 1tioatea
9PJ>i'oftd u aua • rate. bona. b7 woh oertUioatea,
With w l p t - ot 9$
.
•
6/9

Rate ot

'

5¥

4/1 2
4/ 13
4/ 14 .

l i.4
l?.3

Page

50
90

Discount Rates: (continued)
P. R. Bank of Kansas City:
4/27
Modification of graduated rate plan in effect at,
in
ascerta
Mr. Hoxton authorized to visit Bank to
results of adoption and application of graduated
5/10
rate plan
rates
of
Permission granted, to adopt sane schedule
1/23
as approved for FRBank of New York
17th.,
April
Plan of graduated rates to be effective
4/17
submitted and approved
cates
certifi
by
7 approved for paper secured
Rate of 4Z0
1/2
of indebtedness of all issues and maturities
S.
U.
by
secured
Rate of 9,;; approved on paper
2/25
certificates of indebtedness, 1-90 day maturity
ng
includi
paper,
day
Rate of 511; approved on all 1-90
1/2
acceptances
y
maturit
paper,
tural
Rate of er;; approved for agricul
1/2
91 days to six months
to
ed
submitt
be
to
rates
ed
Suggested plan of graduat
directors of, April 16th.; views of Board request4/15
ed re,
4/15
Reply of Board
F. R. Bank of Minneapolis:
5/29
Advances in, approved
months;
6
to
day
1
Agricultural or livestock paper,
1/26
rate approved at :0:4
banks;
member
for
unted
Bankers' acceptances redisco
1/26
rate approved at 52"
1/26
67;
d
at
approve
rate
days;
Commercial paper, 1 to 90
to
1
e,
of
exchang
bills
and
Customers' notes, drafts
90 days:
Secured by Ti. S. Treasurer's certificates of
indebtedness; rate approved at 4V0
Secured by Liberty bonds or Victory notes;
rate approval at 5N
Secured by War Finance Corporation bonds; rate
1/26
approved at W4
Margin required an all notes discounted, secured by
Liberty bonds and Victory notes bearing date after
June 6th., & Bank not lending in excess of 8o5
6/1
of par value; advice re,
Member bank collateral notes:
dSecured by U. S. Treasury certificates of indebte
ness; rate approved at
Secured by Liberty bonds and Victory notes; rate
approved at 51%
Secured by eligible notes; rate approved at qr.'
Secured by War Finance Corporation bonds; rate
1/26
approved at 7;


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

413

443
90
394-96
3
206
3
3

383
384-85
505
105
105
105

105

511

105_

'

D1800unt Batea s (oontinued!
P. B . Bank ot w..nneapolia a (oo~ inued)
Rat e of ~. or ~ U neoe1aar7, approved on all paper
aeoured bJ' L1bert7 bond.a and Viotol"J notea
4/YJ
•
Rate f1Dd at ~. upon a4T1ce trom Bank
5/ 1
Rate ot Sf. tixed on notea, all matur1t1ea, aeoured
6/ 1
bJ L1bert1 bond.a and Victory note•
~a.de aoceptaoea, l to 90 d.&1a;
rate approved at

l/U

5-¥

P. B. Bank ot In York:
Applioation by, of graq.uated r ate plan adopted b7 .
Kanau Cit7; letter re,
5/10
Certain rates approved for, but matter later reocmaidered at
meting
1/2.l
Certai.D ratea sUbmi tted. by Bank diaousaed by Boa.rd
and Aaaiatant Seoretary Leffingwell
1/21
Go~. Rarding authorised to oansult with, re ratea
3/ll
Graduated. diaocnmt r ate plan adopted by Xanaaa City;
let ter re applioation by Jlew York of,
5/10
Increase in oertain ratea approved
5/27
llmo. of Kr. l.loehleinpah opposing inoreaae in ratea
5/2.7
Protest trom Comptroller of Currenc1 against increase
in rate• bJ,
·
5/27
Rate ot ~ approved on paper aecured b7 TreaaUJ7
oertUicatea of ind.ebtedmaa
1/21.
Rat e of 8% requested on paper maturing 1-90 dqa,
aeoured by u. s. oert1t1catea of indebtedneaa;
no action
a/19
Rate of Si' approved on paper aeoured b7 Liberty bond.a
and Viotory note•
1/2.l
Rate of tlf. approved on oommroial paper ot all
atur1t1ea
l/Zl
1la te of 8f, approved on loma aeoured bJ agrioul tural
paper, 91 daya to six montha naturit7
1/2.l
Bate ot ~ approved on paper ·~owed b7 'far J'1nanoa
Oorporat1cm. obl1gat1ana
1/2.l
ll&te ot "" requeat4Ml on maDlber bull oollat•al note•
aeoure4 b;J l-90 dq eligible, and recliaoounted,
oo..roial pape; talale4
5/20
Jlate ot re41aooant cm. bankera• aooeptancea,cUaoODted
tor mallber b&ka 9 eatal>l1ahe4 at 19$, with m1nima
open JZUlket buflng rate ot
1/2.l.
Jleaoawnatlca n adopt1Clll ot
rate ca oertaill
P.P•a no aat1ca ·
2/26
B900...,.,.tlm n a.bulge ia, tabl-4
a/9
J.eooWM!!decl lnonaae 1n rat•• on bankera• aooeptamea

•&me

'

•

**

U. s. oel"t1f1oatea 1d1aappronU/ll
8vama "•
S/ll
B:nrao\ troa Jllmltea ot Boanl ot Dlreotora ot

-~ paper ••011N4

Statemn• b7

*•

'b7

Ble»kot . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

Yo~

-

.

/

:S/11

82

81

Discount Rates: (continued)
F. R. Bank of New York: (continued)
Report by Secretary Houston re conference with officers
5/27
and directors of, re increases in rates
F. R. &oak of Philadelphia:
Certain rates approved for, but matter later re1/21
considered at same meeting
paper
on
by,
proposed
rate
of
ion
explanat
Further
6/22
secured by U. S. certificates of indebtedness
60(
Treasury
by
secured
paper
on
approved
4'S
Rate of
1/21
certificates of indebtedness
•
U.
by
secured
paper
on
approved
U;;
of
Rate
'
64,
2/25
certificates of indebtedness, 1-90 days
-J
Rate of 5i; approved on paper, all maturities,
5/20
secured by 51-x; certificates of indebtedness
I
bonds
Rate of 5-1% approved on paper secured by Liberty
0
1/21
and Victory notes
20•
all
Rate of 6% approved on commercial paper,
1/21
maturities
ural
agricult
by
Rate of 0 approved an loans secured
1/21
paper, 91 days to six months maturity
Finance
War
by
Bate of 7;,; approved on paper secured
1/21
Corporation obligations
•
ed
discount
ces,
Rate of rediscount on bankers/ acceptan
for member banks, established at 5%, with ndnimum
1/21
open market buying rate of 5.4ii:
e
executiv
of
Rates to be acted upon at next meeting
1/17
committee of Bank, submitted
approve
to
not
decision
Reconsideration by Board of
rate in excess of 5-.; on paper secured by U. S.
al
6/29
certificates of indebtedness, requested by Bank
ng
requesti
for
,
Chairman
from
Statement of reasons
0
Board reconsider action prescribing 5r, as maximum
rate an paper secured by certificates of
Oi
6/30
indebtedness
:
F. R. Bank of Richmond
1
6/15
Certain rates requested
by
secured
all
an
paper
approved
1;
,
1
5
of
Flat rate
6/15
U. S. certificates of indebtedness
41
Progressive rate plan at; opinion of Counsel re
5/12
application of,
Rate of 5% approved on 1-90 day paper secured by
2/25
U. S. certificates of indebtedness
notes
Rate of 511; approved on member bank collateral
or customers/ rediscounted notes secured by 51f;
5/27
certificates of indebtedness
Same schedule of rates approved for, as for Now York
1/23
on Jan. 22nd.
5/28
Schedule of new rates,submitted and approved


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

XLI

Page

487

80-81
551
81
206
475
82
82
62
82

81
66-67

575-76

583
544
541
448
206

490
91
499

/

XLll

I.

.

Di Slount Rate•: (continued)
P. R . Bank of Richmonda
(oontinuecl)
\i . \/. Hox~cm to visit Banlt and r eport on d.laooimt
6/15
aituat ion
F . R. Bank ot St. Loula s
5/l.5
Eat&bl1'8hment of progr••i•e r ate• at. autbori.ecl
Mlnhmm open market r ate for parehase ot bankers'
aooeptanoea, not to be publlaled, approT•4 at ~ l /2.3
Rate ot • • appro"l'8d on 1-90 day notes, in~lud.1.ng
member o8Dk collateral notes ae~ured 'bJ' o. s.
oertlticatea of 1ndebtedneaa
1/:.3
Rate -ot 8$ approved on bankers' accep~• dia~oanted
tor member bank.8
·
1/23
Rate ot 6i( appn>Ted on member bank collatEll"al no tea
and rediaoounta of all im.turitiea aecured bJ"
oertitioatee ot indebtedn•• bearing rate ~ SSt,
or higher
6/~
Rate of ~ approved on paper, all matarlUea, secured
b7 ~ oertitioatea ot 1.Dlebtedneaa
5/1.9
Rate ot ~ approve on l-90 cla7 notaa, 1.n~ndin g
member bank ooliat Ell" al no tee ,ae<Mred. b7 Libert7
l /"-3
band.a & Viot o17 note•
Rate of~ approved an rediaCloanted bmkera•
aooeptanoea, all maturit lea
5/14.
Rate ot ef, approved OD agriaultllr'al paper, all
maturitiea
1/23
Rate or ~ approved on l-90 ~ "'.QD!Mrcial paper,
1nclud1Dg member bank oollater3l not.ea so aeclD"ed l/2.3
Rate ot t1f. approved on trade acceptaa:ea, all
naturltl•
1/21
Ra te of 1f. approyed an note• aeolD"ed b7 iia:r P1J!8MA
Corporation bond•
l/Zj
B. B. Bank ot San .Pranol aoo s
Certain rates requested b7 Bank., 41npprG'ff4
1/29
Change• in, to be oonaldved 'b7 Board ~ Directors ~
Bank Oil Jan. 26th. ; adTioe re,
1/23
Dieoolmt a1tuat1cm in TW•lt'th Diat.; let\ar trcm
iii.A.gent Perrin anal7Slzlc,
6/9
Dl~mtecl billa, 1-90 ~ •turit7, 1.nalvcUnc IZllllbar ~ oollateral notea aeowed b7 lf:reaa11r7 -oerta.;
rate approTecl at . .
SeotlN4 b7 J.1'be~ b<Dl.a 6 Yloto17 »tea; ra~
llppl'OTecl at
Senn4 otbtl'WiH, m4 1111M011N4; rate approvw4

at -

.

.

Poll07 u1 let\c t'raa D&p1at oomwztbg ~
Jtata ~ 't' &Bl"Oftcl OD au olaa..a ~ 1-90 c1q
paper
I


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

'·

.

.·

95

"

106

\. 115
90

1/29
2/ll
1/T

"

%1

Page
Discount Rates: (continued)
F. R. Bank of an Francisco: (continued)
Rate of p;,;" approved on bankers' acceptances discounted
1/29
for member banks
notes
Rate of 5% approved on member bank collateral
secured by Treasury certificates of indebtedness,
3/9
all maturities
notes,
Rate of 5Y2 approved for member bank collateral
4/27
and rediscounts secured by Treasury certificates
Rate of 5,14; approved on paper secured by U. S.
6/2
certificates of indebtedness
paper
all
an
Rate of 5,1%, or 5% if necessary, approved
4/30
secured by Liberty bonds & Victory notes
5/1
Bank
from
advice
Rate fixed at 5, upon
, Rate of 5:2i; requested for member bank collateral notes
and rediscounts secured by Liberty bonds and
4/27
Victory notes; no action
livestock
and
al
agricultur
Rate of ef; approved on
1/29
paper maturing 91 to 180 days
notes
collateral
bank
member
Rate of &I; approved an
secured by Liberty bonds and Victory notes not
4/28
owned by borrowing banks
bonds
Liberty
by
secured
paper
on
Rate of 5% approved
6/2
and Victory notes
maturing
s
acceptance
trade
on
Rate of 0 approved
1/29
within 90 days
Finance
War
by
secured
notes
on
Rate of 7/3 approved
1/29
Corporation bonds
F. R. Banks:
Rate of 0 approved an member bank collateral notes
secured by Liberty bonds & Victory notes not owned
4/28
by borrowing banks
Form of announcement by Board re rates established Jan.
1/22
21st.; preparation of, referred to Gov. & Vice-Gov.
Fractional raises in rates an paper secured by Liberty
bonds and. Victory notes; Board desires RBanks
furnish specific information re advantages before
4/27
approving
Congress
General Counsel instructed to prepare bill for
making effective plan for discount rate legislation
2/9
contemplated in Board's Annual Report for 1919
Letter from J. Cloyd Byars criticizing action of Board
1/26
in increasing,
of
B4nk
Letter from President Caldwell of First National
Nashville,re rates of ERBanks and re general discount
4/5
program of F. R. System
5/29
Letter to Governors of F. R. Banks re,


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

116

254
413
515
422
426

413
116

418
515
116
116

418
85

413

159
104

337
505

··'

D19l0unt Ratees (continued.)
Botioe trcm ia. Uiller ot intention to JDOTe• at ne.i:t
meeting ot. ~4- tor t1.x1ng ot ef, rate on p a.per
secured b7 Treaaur"7 oertlfioates -at all PR.Bank.a
2/ 2
On paper aeolD'ed. b7 oertitiaatea ot 1.ndebtedneea; di a·ouaaicm re. J.Dd ata\ell:alt b7 Kr. Killer
.
6/9
Poaaible prooedu:r. ot JR.Bank 1n ~· ot eatabliahm.ant,
w1 th Board' a a~, o:t preferential rate on member
· bank notea secured b7 cert 1t1oatea ot indeb tedneaa;

memo. of Counael "•

l/22

Preferential rate cm paper aecured b7 reaeipta tor goods
atorecl 1n speoial warehouses; letter from Direotor
ot Georgia State Bureau ot Marketa re.
1/2
Preferential ratea en paper secure b1 reoeipta ot bcmd.ed
-.rehouaea; nano. o:t General Com:i.ael re,
2/ll
PrOteat from Prea14ent o~ Kansaa C1t7 Live.ateck Exabaagoe
to Seeret&r7 Glaaa against ln.creaae ~ • claiming dlsariminaticm against lluatoolt and cattle interetJta;
telegram trom COT. W.Uer re,
l/6
»attar reterrecl to GOv. tor consultation w1 th
Counael
1/10·
Rate of 5$ to be cont1Jmed an paper aeoured b7 u. s.
oertU'icatea ot ind.ebte4maa beariDg interest rate
loser than 5$1 notice to F. R. Bank.a
·
4/17
Rate or ~ appl"O'Nd an paper secured b7 ~ u. ~.
oertitioatea ot 1ndebtedneaa • tor all PBBs-nka
4/17
Reoomnended obaDgea in• to be tranud tted in oode
2/11
Redlaoount rate ot ~ tor bankers• acc.ptanoea; telegram
to PBBanb modU)ing one aant Jan.. 24th.
1/26
Report re. at IBBank•; no oba:ngea
2/11
!eleirlia h'om Board to GoTa. ot all PBJS.mka re.
4/15
D1atr1ot ClearlJJg Plan in Elnenth Diatricts
Etteot1Te date of aboliticm of; letter from Hl.Agent
Ramae1 •1th turther n:tereme to.
l/2A
Protest agatnat diacontbmame or• t'rom banka at Port
worth, ~au; meo. ot ur. Boxton"•
1/29
Date ot abo11UGD of plan poatpcmecl until llaroh l. 1/29
Dividendas
1 . R . Bank ot Atlat&s

D1Y1dend _approftd at
Jan. l - Jane ~ .
P. R. Bank -of Bos '8s
DiT1clend apprancl at
Jan. l - .lime 30.

'8 • B • B&Dlt -~ Cb1C&91> I

rate ot 8$ per mmm tor period
19.20

6/2.;S

rate GI II/, per anrmm tor period
19.20 .

6/22

Dindad approTe4 at rate ot. 8$ per annm f'Qr per 1od
J an. l - .l'ane 30• 1920
6/ 22


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

117
117

Page
Dividends: (continued)
.R. Bank of Cleveland:
Dividend approved at rate of 6% per annum for period
6/15
Jan. 1 - June 30
F. R. Bank of DAlas:
Dividend approved at rate Of 6% per annum for period
6/22
Jan. 1 - June 30
F. R. Bank of Kansas City:
per annum for period
Dividend approved at rate Of
6/29
Jan. 1 - June 30
L,. R. Bank of Einneapolis:
Dividend approved at rata Of ct; per annum for period
6/23
Jun. 1 - June 30
F. 11. Bani, of New York:
Dividend approved at rate of eci,; per annum for period
6/24
Jan. 1 - June 30
2. R. Bank of Philadelphia:
Dividend approved at rate of 6:;.; per annum for period
6/22
Jan. 1 - June 30
F.R. 3ank of Richmond:
Dividend approved at rate of e,-('L per annum for period
6/22
Jan. 1 - June 30
F.R. Bank of Jt. Louis:
Dividend approved at rate of ec; per annum for period
6/22
Jan. 1 - June 30
co:
F. B. Bank of San 2rancis
per annum for period
Dividend approved at rate of
6/24
Jan. 1 - June 30
Division of analysis & Research:
In,uiry from Director re procedure in preparation of
2/5
abstract of annual reports of 2. B. Banks
for
:A_
space
addition
of
g
securin
re
Letter from Director
P. R. .gent's Dept. at Philadelphia, for preparation
1/20
of reports on business conditions
of
reports
annual
of
drafts
upon
passing
I.:ethod of
2/11
ERBanks; letter from Director re,
Progress report submitted by Director, re investigation
into salaries paid by FRB-Inks to eraoloyees receiving
1/6
5,000 per annum, or less
,uarters:
Lease for space at 37 Liberty Street, New York City,
5/15
ap, roved
Lease of additional apace at 37 Liberty Street, N.Y.
1/9
City, authorized, at cost of .A,200 per annum
Division of Foreign Exchange:
2xppointment of a director who could devote entire time to
2/20
work of, suggested by Lir. Strauss


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Federal Reserve Bank of St. Louis

546

552

575

563

570

552

552

552

571

144

70
163

15

462
26

197

XLVI

Division of Foreign Exahange: (continued)
Lifting of prohibition notices of, re
Guaranty Trust Co., application of, to transfer to
3an,jue Suisse, Zurich, sum of(‘44,000 under instructions from 0. 0. Ovaharov, Petrograd
1/9
National City Bank of New York, application of, to
credit Dr.
Rosenthal with .A1,000 account of
J. V. Shakeshaft, Petrograd
1/9
National City Bank of New York, application of, to
transfer to De Danske Landmandsbaric, Copenhagen,
sum of ..8,000 for account of Radau & Co.,
Petrograd
1/9
Division of Operations & Examination:
,uarters:
Lease of additional room in Metropolitan Bank
Building
2/4
Division of Reports & Statistics:
_uarters:
Gov. authorized to secure space in National
Metropolitan Bank Building to house,
4/24
Dollar Exchange:
Digest of report of E. R. Kenzel in re Board continuing
to grant permission to member banks to accept,for
purpose of creating dollar exchange in certain
foreign countries
5/29
Liberty National Bank granted permission to accept for
purpose of creating, in Brazil and certain other
foreign countries
5/29
Domestic Coke Corporation:
Authority granted RBank of Cleveland to act as agent
for War Department in holding in escrow contract made
by latter with,
1/13
Doremus (Representative):
Letter from, re application of James T. McMillan to serve
as director of three Detroit banks
1/20
Dorsey, (Governor of Georgia):
Desire of, to make public letter from Gov. Hardin
g re
establishment of bank for lending money for
growing &
marketing cotton and other agricultural products
1/10
Dowling, M. J., of American Bankers' Association:
Suggestion of, that Board submit to friendly suit of
national bank against FRBank to clarify portions
of
F. R. Aot
1/23
Dunkleman, Arthur C., Asst. Chief of Money Div. of MBank of
New York; letter to Chief of U. S. Secret Service re
raising of notes by,
6/24
Dunklin County Bank of Malden, Mo.
Eligibility for membership; letter re use of 1910 census
for estimating population of Malden in determining,
1/14


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

21

26

141

501
501

48

91

6f1

XLVII

Page
Earnings of F. R. Banks:
Suggested amendment to FRAct re distribution of; letter
4/24
Of Gov. Harding to FRAgent McCord re,
d
member
furnishe
ordered
letter
Copies of above
4/29
banks in Sixth District
York
New
City:
East River National Bank,
Application for permission to accept up to 100;;, held
1/24
pending recommendation of committee
Edge, W. E. (Senator):
Use of name in title of corporations organized under
1/12
Edge Act; letter from Senator Edge re,
Edge Act:
Regulations governing operations of corporations organized under; J. P. Cotton to be requested to undertake
2/3
preparation of,
Regulations governing organization and operation of
corporations under; draft of, submitted and ordered
3/24
printed
Securities issued by corporations organized under;
suggestion from W. S. Kies for making partially tax
1/29
exempt
Elliott, M. C.
6/15
Designated member of Railway Loan Advisory Committee
6/23
Acceptance of appointnent
/30
1
Resignation as Consulting Counsel
Emerson, Robert G., Asst. Secretary, F. R. Board;
Memorandums of, re
Gold settlement plan, whereby settlement between
F. R. Banks will be of same, rather than on follow2/2
ing,day; Gov. authorized to make affective
into
Suggesting further action on part of FRBauks
2/17
crease number of banks remitting at par
on
charges
Suggesting method of payment of shipping
2/17
standard silver dollars
e:
&ripire petroleum Co. Acceptance Syndicat
Offering of, by advertisement, stating their plan re
1/10
acceptances has approval of Board
ide
nation-w
in
Etterprises, steady borrowers, engaged
business; Gov, to instruct FRBanks to interchange with
3/9
one another information re credit extended to,
Examinations:
Bank of Italy, San Francisco:
Appointment of J. 11. Denny as Acting Examiner at
2/3
San Francisco to assist in examination of,
s
examiner
bank
national
that
Request from Gov. Calkins
examine national banks controlled by,when affairs
1/22
of bank are next examined
be
would
request
that
ler
Statement by Comptrol
1/22
granted


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

407
420

100

38

136-37

299-300

118
545
565
124

131
176
176

33

253-54

136

85
85

XLVIII

Examinations: (continued)
Cost of member bank; memo. of Mr. Paddock re request
from RAgent Perrin far information re policy of
FRBanks in absorption of,
2/3
F. R. Bank of Boston:
Report of examination as of Nov. 29, 1919,
together
with memo. of Mr. Paddock
1/9
F. R. Bank of Cleveland:
Memo. of Mr. Paddock analyzing report of exami
nation,
as of close of business Feb. 14th.
3/24
Statement by Mr. Herson of observations made
during
examinatian of,
3/20
F. R. Bank of New York:
Instructions to Mr. Herson in re next examinatio
n of, 3/20
First National Corporation of Boston:
Mem. of Mr. Paddock re examination of,
3/26
Foreign banking corporations; recommendations
of Mr.
Paddock in re examination of certain,
3/26
Foreign branches of foreign banking corporatio
ns under
supervision of New York State Banking Dept.;
memo.
of Mr. Paddock re examinations of,
3/26
Form of verification of loans and discounts in exami
nation
of certain member banks, submitted by FRBank
of San
Francisco and approved
3/12
International Banking Corporation of New York:
Memo. of Mr. Paddock in re examination of,
3/26
London branch of International Banking Corporation;
Board's views requested re advisability of exami
ner
Norris examining, while engaged in foreign
examinations $
4/7
Mellon National Bank of Pittsburgh, Pa.; last report of
examination of, submitted by Comptroller, with
analysis showing loans to officers and directors
5/19
Member banks; opinion of Board that under power of
FRBanks to examine, they possess right to verify
loan
accounts of same
3/12
Mercantile Ionk of the Americas:
Recommendation of Mr. Paddock that F. R. EN'nmi
ners
make examination of, independently, or with Conn.
authorities, during current year
3/26
Mercantile Trust Co., about to aonsolidate with Savin
gs
Union Bank & Trust Co. and Mercantile National Bank,
all of San Francisco; examination of first bank
only
necessary
4/5
Shawmut Corporation of Boston; memo. of Mr.
Paddock in
re examination of,
3/26


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Federal Reserve Bank of St. Louis

28

.
30
30

30/

261
30

40

6

34

008

XLIX

Page
Examiners:
Federal Reserve:
Appointment of two additional, at Kansas City,
6/29
authorized
Kansas
Cockrell, Uonroe F., appointed examiner at
3/5
City
per
Cockrell, Konroe F., salary approved at 43,600
6/29
an-num
3/2
San
Denny, J. 11., appointed acting examiner at
Francisco to assist in examination of Bank of Italy
Denny, J. 11., appointment as acting examiner at
3/16
San Francisco approval
4/14
Francisco
San
at
examiner
as
nt
Denny, J. Y., appointme
6/2
of
Atlanta
MBank
at
Employment of two examiners
Harrington, T. J., appointed assistant examiner,
2/4
effective upon reporting for duty
3/2
Dallas
at
examiner
Jernigan, H. T., appointed
3/9
Louis
St.
at
examiner
appointed
Kunz, Alfred J.,
4/26
examiner
as
on
Leake, E. A., designati
Litzenburg, Charles, designated assistant examiner
5/27
at Philadelphia
effective
examiner,
assistant
appointed
Noell, J. C.,
2/4
upon reporting for duty
6/2
Phila.
at
examiner
d
designate
Reeve, Maurice E.,
Scbapp, Arthur J., appointed stenographer withWestern
Force, in accordance with authority granted Dec. 3,1/15
Travel allowance; 'memo. of 11r. Hoxton recommending
3/13
method for increasing,
6/2
Welsh, William A., designated examiner at Phila.
National Bank:
1/13
Changes in force during Dec., 1919
2/17
Changes in force during January, 1920
3/9
Changes in force during February, 1920
4/7
Changes in force (luring /larch, 1920
5/6
Changes in force during April, 1920
6/8
Changes in force during may, 1920
notes
paper,
eligible
Practice of, in passing as
secured by warehouse receipts covering automobiles;
1/7
memo. of Counsel re,
to
examiners
of
Comptroller to call attention
1/7
Board's ruling re above
Salaries of National Bank:
6/22
Ackerman, L. H., salary increased to 32,700
3/16
3,600
to
increased
salary
Baker, Wm. B.,
6/22
33,300
to
increased
Barrett, J. W., salary
6/22
Beall, J. H., salary increased to s132,700
2/17
$2,400
at
approved
salary
Jr.,
C.,
Bergman, Henry


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

578
239
578
136

276
379
514
140
227
255
409
490
140
514
56
270
514
48
181
256
357
438
526

21
21
557
276
556
557
181

Examiners: (continued)
Salaries of National Bank: (continued)
Birckhead, 0. W.,salary approved at 04,200
Black, H. W., salary increased to 43,000
Borden, Daniel C., salary approved at 44,500
Borden, J. C., salary increased to 43,000
Boyd, Charles E., salary approved at 43,000
Boyd, Charles E., salary increased to 43,300
Bradley, A. H., salary increased to 43,000
Breg, Clarence E., salary approved at 42,400
Brooks, R. E.., salary increased to 42,700
Brawn, Fred, salary increased to 48,000
Byers, R. d., salary increased to 03,900
Cecil, K. B., salary increased to 44,500
Challman, L. C., salary increased to 43,300
Chapman, C. H., salary increased to 45,000
Chenault, J. B., salary increased to $4,500
Coffin, G. M., salary increased to $4,000
Cooney, Dan H., salary approved at 42,400
Cooper, Roy A., salary approved at 42,700
Cooper, S. H. L., salary increased to 412,000
Dalton, John W., salary approved at 42,400
Daugherty, W. P., salary increased to 43,600
Davenport, Henry B., salary approved at 43,00
0 per
annum as Chief of Examining Div.,Comptroller's
Office
Davis, Thomas H., salary increased to 43,300
Donough, M. E., salary increased to 42,700
DuBois, Nathan S., salary increased to 42,700
Farmer, T. P., salary increased to 44,200
Faris, A. B., salary increased to $3,300
Finney, R. Gordon, salary approved at 44,200
Finney, R. Gordon, salary increased to 04,500
Fletcher, T. E., salary increased to 41,500
Folger, 71illiam P., salary approved at 42,40
0
Freeman, Lloyd H., salary increased to
44,500
Freeman, Lloyd. R., salary increased to
45,000
Funsten, J. B., Jr., salary increased to
42,700
Funsten, W. P., salary increased to 42,70
0
Goodell, George W., salary increased to
04,500
Griffin, J. L., salary increased to $3,90
0
Haneke, E. C., salary increased to 43,600
Hayes, W. 2., salary increased to 43,900
Hodgson, R. M., salary increased to 43,600
Hoffman, L. d., salary increased to 44,200
Hopkins, Baby L., salary increased to 44,800


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

6/22
4/5
3/9
6/22
3/9
6/22
6/22
6/15
6/22
6/22
6/22
6/22
6/22
6/22
6/22
6/22
6/8
5/14
3/30
2/17
6/22

SO
0
AO
561
ZO
561
561
60
561
SO
566
566
561
666
561
566
531
466
0
16/
561

1/20
6/22
4/5
6/22
6/22
3/25
6/22
6/22
1/22
2/24
6/22
6/22
6/22
4/14
6/22
6/22
6/22
4/5
6/22
2/24

3**
551
54
61
VP
561
561
61
0
4

Sw
566
661
661
561
3:
4
5_4
67
Pr

LI

Page
Examiners: (continued)
Salaries of National Bank: (continued)
6/22
Houston, R. C., salary increased to 44,200
6/22
42,400
at
d
approve
Hurley, Michael J., salary
4/5
$3,900
to
ed
increas
James, A. L., salary
4/5
Jernegan, E. S., salary increased to 43,900
6/22
44,200
to
ed
increas
Kennedy, J. L., salary
3/17
$2,400
at
d
approve
Lammond, W. Morris, salary
6/22
42,700
to
ed
increas
Lammond, W. Morris, salary
$3,300
to
ed
6122
increas
LsRove, O. K., salary
6/22
•:i3,900
to
ed
increas
Longmoor, S. A„ salary
6/22
43,000
to
ed
increas
Lorang, P. J., salary
4/5
43,000
to
ed
increas
McBryde, W. W., salary
6/22
=Cans, Alexander B., salary approved at 44100
4/5
45,100
to
ed
increas
salary
McLean, Martin,
1/16
Madland, L. L., salary approved at 42,400
6/22
42,700
to
ed
increas
salary
L.,
Madland, L.
4/5
Mansfield, Fred S., salary increased to $3,000
6/22
Martin, C. H., salary increased to 43,900
6/22
Martin, L. H., salary increased to 43,600
6/22
Miller, J. F., salary increased to 45,000
6/22
Mitchell, W. F., salary increased to 43,300
06
Moore, Samuel A., salary approved at 42,700
5/6
Morgan, William M., salary increased to 45,000
6/22
Mossman, J. D., salary increased to 44,200
Mulloney, Daniel C., salary approved at rate of
416,000 per annum while examining branches of
6/8
national banks in Cuba and South Ameriaa
of
rate
at
d
approve
,salary
C.
Daniel
Mulloney,
423,000 per annum, while examining branches of
6/22
national banks in South America
6/22
Mulloney, Daniel C., salary increased to $10,000
3/5
newnham, Stephen L., salary increased to 48,000
salary
d
Norris, Frank L., memo. of Counsel re propose
for,as examiner of European branches of national
3/25
banks
to
annum
prior
Salary approved at 36,000 per
departure for Europe and 42,500 per month
3/25
thereafter, until return
Norris, Frank L., recommendation re salary of, in
connection with examination of European branches
of national banks
O'Brien, E. E., salary increased to $3,000
Otto, C. C., salary increased to 43,900
Parker, Edward F., salary increased to 43,900


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3/20
3/23
6/22
3/5
4/5

557
554
344
344
557
279
556
557
557
557
344
555
344
62
557
344
557
557
557
556
549
438
557

527

555
555
212

302

303

286
293
557
241
344

LII

Examiners: (continued)
Salaries of National Bank: (continued)
Partridge, Paul, salary increased to 44,000
6/22
Patterson, B. K., salary increased to ,;?'3,9
00
6/22
Pettit, Earl N., salary increased to ci13,300
4/11
Pole, J. Wm., salary Increased to 47,500
6/22
Raney, H. B., salary increased to 03,300
6/22
Ransom, F. T., salary increased to 34,200
6122
Reed, W. H., salary increased to 43,900
6/22
Regan, dilliam a., salary approved at 02,40
0
6/1
Robb, E. D., salary increased to 44,800
6/22
Roberts, L. K., salary increased to 45,000
6/22
Sawyer, L. M., salary increased to 43,300
6/22
Schechter, W. J., salary increased to 36,50
0
6/22
Scott, H. W., salary increased to 44,500
6/22
Shanley, Frank W., salary approved at 02,40
0
3/2
Smiley, M. D., salary increased to 03,300
6/22
Smith, Clarence F., salary increased to 43,60
0
5/19
Smith, George H., salary approved at 4410
0
4/5
Smith, J. H., salary increased to 45,000
6/22
Smith, Roy E., salary approved at 42,40
0
4/15
Smith, Sherrill, salary approved at rate of
425,000
per annum while examining branches of natio
nal
banks in Cuba and South America
6/8
Smith, Sherrill, salary approved at rate of
430,000
per annum, Waile examining branches of national
banks in South America
6/22
Snyder, V. G., salary increased to 43,000
6/22
Stearns, E. W„ salary increased to 04,800
6/22
Stewart, Charles A., salary increased to 43,300
6/22
Sullenberger, Sam F., salary approved at 43,000
6/8
Summers, G. S., salary increased to 43,600
6/22
Thomas, T. C., salary increased to 44,200
6/22
Thompson, A. D., salary increased to 33,900
6/22
Thompson, Oscar, salary increased to 45,50
0
4/5
Waggoner, David E., salary approved at
43,000
4/15
Walker, H. W., salary increased to 42,70
0
6/22
Williams, Robert G., salary approved
at 03,000
3/19
Wilson, L., salary increased to 43,60
0
6/22
Wood, D. R., salary increased to 43,600
6122
Wood, John S., salary increased to 05,50
0
3/5
Exchange:
Chinese:
Agreement by Treasury to extend total
of standard
silver dollars it will deliver against curre
nt funds
of the three American banks vu th branches
in Orient;
telegram from Board to FRBanks advising of,
2/2


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

561
661
30
566
561
561
561
50
561
50
5,61
5P
2P
561
40
0
561
30

51

566d
65;
504
55'
661
344
30

3.0

LIII

Page
Exchange: (continued)
Chinese:
Shipment of silver to Orient under Board's agreement
with certain foreign banking corporations; memo.
of Ur. Emerson recommending profit accruing from,
be paid one FRBtnk to be pro rated among all
3/9
FRBanks
and
S.
n
U.
betwee
rates
ge
Stabilization of exchan
China; purchase by RBank of New York, in open
market, of bills drawn, accepted and indorsed by
1/30
three foreign banking corporations, authorized
or,
Direct
Acting
to
s
Straus
Letter from Ur.
1/30
Div. Foreign Exchange, re above
of
sum
to
bills,
above
of
g
Limit of drawin
1/30
020,000,000, extended during February
Dollar:
Brazil; request from Liberty National Bank of New York
City for permission to accept in order to create
2/27
dollar exdhange in; denied
and
East:
States
United
the
n
Regulation of, betwee
Statement by Mr. Strauss re silver dollars accumulated by Treasury and desire to deposit same
2/26
with FRBanks in anticipation of overdrafts
Exchange Charges:
from enAct of Miss. legislature to prevent FRSystem
by nonre,
Act
of
16
n
Sectio
forcing provisions of
3/6
g
Hardin
Gov.
by
ent
statem
member banks; with
not
banks
of
items
t
agains
in,
ion
Plan for differentiat
on par list; report re failure of Clearing House
1/30
Association of Atlanta to make effective
l:
ance
Counci
Accept
an
Americ
of
Executive Committee
Memo. of Ur. Harrison making report of attenInce at
3/9
meeting of,
Executive Folder:
Ciroulating in, of copies of correspondence of members
of F. R. Board; attention called by Mr. Miller to
6/1
neglect of,
Expenses, F. R. Banks:
F. R. Bank of Atlanta:
Allaaance for hotel bill, meals, etc., of member of
Advisory Council when attending meetings of Council
6/22
or Board of Directors
etc.,
meals,
Allowances to directors for hotel bill,
6/22
When attending meetings
an
ling
Allowances to officers and employees travel
6/22
Bank's business, for hotel bill, meals, etc.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

253

122
122
122

217

211

245

122-23

250

510

553
552
553

LIT

Expenses, F. R. Banks: (continued)
F. R. Bank of Kansas City:
Item 01,116.74; see spacial letter, J. Z. Miller,Jr. 2/11
F. R. Bank of Minneapolis:
Item 032.45, in Gov. !bung's letter of Jan. 2, 1920
2/11
F. R. BRYIk. of St. Louis:
Item "Officers dinners - .U0.64" contained in report
of expenses of Bank for Nov., 1919; no objection
by Board
1/12
Memphis Branch:
Item "luncheon, conference officers and managers,
$28.35"
2/11
Expenses, F. R. Board:
Assessment of F. R. Banks for, for period July - Dec.
6/15
Assessment of F. R. Banks for, for six months ending
June 30th.; reply of Gov. Harding to FRAgent Jay
re accounting procedure of Banks
5/13
Exports:
Gold:
Embargo on, from*the United States; propriety of
Board making statenaut in answer to suggestion
re, discussed
3/2
Letter from Philip Stockton of Old Colony Trust Co.
of Boston giving reasons in re desirability of
placing embargo an,
2/19
Views of certain representative bankers re embargo
an; letter from Mr. Kenzel stating,
2/20
Silver:
Daily reports from Collectors of Custom; discontinuance
of, approved.
5/14
Exports and Imports:
Gold and silver, from Jan. 1 to Dec. 20, 1919; Gov.
authorized to make public figures prepared by
Statistical Division shming,
1/2

166
166

41

166
54

461

191
191

465

4

Up?

Farmers Banking & Trust Co., Tarboro, N. C.
Application for manbership in F. R. System
Permission e;'anted, to establish branch at Deggetts,
North Carolina
Farmers State Bank, Shiro, Texas:
'
Application of, for admission to F. R. System
Federal Advisory Council:
Advice re holding of next meeting of, in Washington,
Feb. 16th.,& requosting topics for discussion


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2/17

118

3/25

0

• 5/15

40

1/20

70

LV

Page

i6

56

0-4

L91
L91
0.6

L'18

Federal Advisory Council: (continued)
attending
Allowance for member from Sixth District when
6/22
tors
Direc
of
Board
or
il
meetings of Counc
Eleventh
Ball, R. L., appointment as member from
re,
e
notic
1920;
District for
Board;
Conference of, and Class "A" directors with P. R.
Banks
memo. of Asst. Secretary re furnishing F. R.
5/19
s
eding
proce
of
t
with repor
for
Credit expansion in the United States, as topic
4/17
17th.
May
meeting an
n
Forga
dent
Reply of Gov. Harding to letter from Presi
1/23
ng
meeti
last
at
made
tions
menda
recom
re
ict
h
Distr
Fourt
from
Rowe, W. S., appointment as member
1/12
for 1920; notice re,
Tenth
from
of,
r
membe
awinney, E. F., re-appointment as
1/9
District; notice of,
d
atten
to
ed
invit
Bank
Three directors from each F. R.
meeting of, with Board, on lay 18th., to discuss
4/17
general credit situation
st
reque
;
17th.
May
an
ng
Topics for discussion at meeti
4/12
from President Forgan that Board submit,
ict
Distr
h
Eight
sent
Watts, F. 0., appointed to repre
1/12
for ,year 1920; notice re,
Federal Reserve Act:
Amendments to,
al
Authorizing repayment to member banks of capit
ngs,
of
s
earni
RBank
by
tion
subscriptions, and reten
ate
adequ
m
Syste
gives
us
until accumulated surpl
n4/21
capital strength; suggested amendment of Mr. Perri
n
latio
legis
for
draft
late
formu
Committee appointed to
13
on
Secti
of
sion
provi
tive
effec
g
by Congress makin
2/20
prescribing no exchange charges against RBanks
ng
Hardi
Gov.
by
tted
submi
ment
amend
Draft of proposed
2/20
and approved
deGuarantee, by FRBanks, of non-interest bearing
1/26
dent
Presi
from
r
lette
;
banks
r
membe
of
posits
,
sting
sugge
s
Waggoner of Security Nat. BAnk of Dalla
1/29
Reply of Mr. Moehlenpah
H. R. Bill 11,918, to permit designation of State
member banks, by Secretary of Treasury, as depositof
aries of public monies, or as finamial agents
1/23
Govt.; meno. of Counsel re,
recom
plan
Making effective graduated discount rate;
5/11
mended by FRAgent Ramsey, approved
ta,
Atlan
of
k
Proposed adoption of resolution, by MBan
of
to amend Act to change method of distribution
4/16
ied
notif
Bank
earnings, opposed by Board, and


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Federal Reserve Bank of St. Louis

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390
92
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26

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38

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104-5
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92
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388

LVI

Federal Reserve Act: (continued)
Amendments to,
Section 13 - defining position of RBanks re colle
ction
of exchange charges by non-member banks; letter from
Gov. to Chairman of House Banking & Currency
Committee proposing,
5/5
Section 19, amendment to, re estimating of requi
red
balances; letter from FRAgent Curtiss recom
mendtag,
1/28
Senate Bill 3770, to amend Act in re interest
rates
charged by member banks; memo. of Counsel re,
1/23
Request from Senator McLean for views of Gov.
and Board re effect of bill
1/23
First Federal Credit Bank; application for organ
ization
of, under Section 25 (a) of Act; memo. re, refer
red
to Law Committee
1/22
Friendly suit of national bank against
MBank to clarify
portions of FRAct, suggested by M. J. Dowling
of
American Bankers' Association
1/23
Section 16; motion by Er. Williams to make
affective
provisions of, re interest rate on F. R. notes
;tabled 4/30
Federal Reserve Agents:
Assistant:
Boardman, C. K., Kansas City, salary increased
1/17
Bradley, Richard, appoin tma nt as Assistant Agent
at Richmond
6/24
Cobbs, J. B., Birmingham; letter re personal finan
cial
obligations in relation to official position
3/8
Ebersole, J. F., Minneapolis; appointment
2/20
Rehfuss, J. Frank, Philadelphia; appointment and bond
as Acting Assistant Agent
6/22
Rutledge, Charles G., Chicago; appointment and bond
as Acting Assistant Agent
6/15
Schutz, Henry, appointment as Assistant RAgen
t at
Richmond revoked, in view of assignment to
other
duties
6/24
White, Wm. H., Chicago; desire of, to accompany
national bank examiners in examinations
of banks
in N. Y. City; statement by Comptroller
2/17
Austin, R. L., Philadelphia, salary approved at 415,0
00
per annum
1/5
Confidential memorandum to, embodying terms
of letter to
be sent Chairman of Banking & Currency Committee of
House re pending McFadden & Stegall Bills
3/16
Curtiss, Frederic H., Boston, salary approved at
018,000
per annum
1/5
Hardy, Caldwell, Richmond, salary approved at 015,000
per annum
1/5


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Federal Reserve Bank of St. Louis

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92

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658
646

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LVII

Page
Federal Reserve Agents: (continued)
Heath, W. A., Chicago, salary approved at r',24,000 per
1/5
annum
per
?30,000
at
Jay, Pierre, New York, salary approved
1/5
annum
re
best
views
asking
Letter to, from Yr. Moehlenpah,
m3thod far securing membership La System of eligible
1/10
non-member banks
per
J12,000
at
McCord, J. A., Atlanta, salary approved
1/5
annum
at
:48,000
approved
salary
Martin, Wm. Mc., St. Louis,
1/5
per annum, subject to approval of Governor
1/5
annum
per
Salary fixed at 16,000
at
$24,000
approved
salary
Perrin, John, San Francisco,
1/5
per annum
at
rj15,000
approved
salary
City,
Ramsay, Asa E., Kansas
1/5
per annum
per
„48,000
at
approved
salary
Dallas,
Ramsey, Win. F.,
1/5
annum
at
,A5,000
approved
salary
s,
Minneapoli
Rich, John H.,
1/5
per annum
denand
unusual
of
cause
asking
to,
Board
from
Telegram
for currency, evidenced by increasing F. R. note
2/18
issues
Wills, D. O., Cleveland, salary approved at eg5,000 per
1/5
annum
Federal Reserve Bank Insurance:
Reconrendations of committee re, covered by topic 10 of
conference of Governors, March, 1919, forwarded by
1/24
E. R. Kenzel
F. R. Bank of Atlanta:
1/22
Annual report for year 1919, submitted
Bonus:
Schedule of extra compensation for employees for
6/23
period Jan. 1 - June 30, 1920
Clearing:
Resolution of directors re present as proper time to
put into effect charges by member banks upon
customers on out of town checks cleared through
FRBank
Directors:
See under heading "Directors"
Discount Rates:
See under heading "Discount Rates"
Dividend approved at rate of 6% per annum for period
6/23
Jan. 1 - June 30, 1920
re
Act
R.
F.
to
anendnent
Earnings of FRBanks, suggested
4/24
distribution of; letter of Gov. Harding re,
banks
member
furnished
Copies of letter ordered
4/29
in District

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Federal Reserve Bank of St. Louis

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7,9

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86

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420

LVIII

F. R. Bank of Atlanta: (continued)
Expenses:
Allowance for hotel bill, meals, etc., of member of
Advisory Council when attending meetings of Council
or Board of Directors
6/22
Allowances to directors for hotel bill, meals, etc.,
when attending meetings
6/22
Allowances to officers and employees travelling on
Bank's business, for hotel bill, meals, etc.
6/22
Item 4286 appearing in Nov., 1919, expense report,for
Liberty Loan campaign; letter of explanation
1/6
Federal Reserve Corporation; contemplated organization
of corporation to be known as, by Federal Trust Co.
of Atlanta; advice re, from Deputy Gov. Adelson
5/19
F. R. notes; report re erroneous shipment of, by Post
Office Department to Havana, instead of to Jacksonville
Branch
5/5
Government bonds, value of, as security for loans;
letter re,
6/22
Par collection of checks; resolution adopted by group
of State banks protesting against Atlanta's methods,
and statement by Bank
2/7
Par collections; injunction suit of Georgia country banks
against RBank in re, dismissed April 3rd.
4/5
Purchase of bills from accepting banks; reply of Chairman
to Board's letter (X-1825) in re,
2/17
2/18
Quarters:
Jacksonville Branch; lease of quarters
1/13
Rediscount of bankers' acceptances; rate of 5N
approved an,
4/1
Request frox4, that others beside Class “A” directors be
requested to attend conference an May 18th.; disapproved
4/21
Resolution to amend F. R. Act to change method of distribution of earnings; telegram from Board to Bank
opposing adoption of,
4/16
Restraining order of Fulton Superior Court issued to,
in
re collection of cheeks; telegram from Bank re; reply
of Board approved
1/15
Modification of above order; advice from Counsel
Randolph of Bank re,
1/17
Salaries:
Increases in, of officers and employees
6/23
McCord, J. A., FRAgent, salary approved at 412,000
per annum
1/5
Staff of,
Employment of bookkeeper at 4150 per month
6/2
Employment of two examiners at 43,000 per annum
6/2
Employment of typist at 475 per month
6/2

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Federal Reserve Bank of St. Louis

553
55a
553,
15

470
1
433. 1
553)

154
339
119
186

45
320
400

388

5/
66
50
7,9
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514
514

Lric

Page

54

39AI

79
s6

6
)
28
o0
588

56
50
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51,4
514
514

F. H. Bank of Boston:
2/9
Annual report for 1919, submitted
Bonus:
Schedule of extra compensation for employees for
6/8
first half of year 1920
Building program; letter from Consulting Architect re,
advising that no estimate of cost had been presented
1/20
him
Collateral notes; request whether Bank justified in
.
accepting for rediscount, not supported by collateral
of 100% market value; Board decides should not
6/15
accept
1/20
Committees and officers; list of newly elected,
discount
thereon,
of
'Conference re acceptances and rate
in Washington, April 20th.; FRAgent Curtiss and certain
4/12
bankers of District invited to attend.
Discount Rates:
See under heading "Discount Rates"
Dividend approved at rate of el; per annum for period
6/22
Jan. 1 - June 30
with
memo.
1919,
29,
Nov.
of
as
of,
Examination; report
1/9
by Ur. Paddock
1/20
of
fees
members
committees,
building
Executive and
F. It. notes of, in denomination of 41,000; advice from
4/12
FRAgeat of accumulation of, in his hands
District;
First
in
notes
R.
V.
for
demand
Increased
2/24
letter from FRAgent Curtiss explaining,
quarters:
Building program; advice from Mr. Trowbridge that he
1/23
had received no estimate of cost re,
Construction of new; request from Gov. Mores that
1/2
Bank be permitted to proceed immediately with,
Bank authorized to proceed at once with construc1/10
tion; statement of Gov. Harding
Zuestionnaire (proposed) for foraarding economists, etc.,
in re reserve and'net deposit liabilities and reclas
1/17
sificatian of reserve cities
Rediscount rate, desirability of making, at ef;;,on all
classes of paper with maturity 1-90 days; opinion
2/9
of Board requested as to,
Salaries:
Curtiss, Frederic H., FRAgant, salary approved at
1/5
018,000 per annum
Hughes, Frank S., salary approved at 04,000 per
1/12
annum
Staff of,
1/20
Officers; list of newly elected
Vault:
Construction of, letting of contract for; recommendation
2/6
re, from aonsulting Architect Trowbridge


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Federal Reserve Bank of St. Louis

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71

543
70

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71
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202

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4
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70

149

LX

Fag,
F. R. Bank of Boston: (continued)
Vault: (continued)
Construction of; permission requested by Bank to
adopt plans of own construction engineer
2/18
Construction of, plans submitted. for; Gov. Harding
to consult with Consulting Architect re,
2/2
Construction of; report of architect and engin
eers
of Bank on plans far,
2/17
F. R. Bank of Chicago:
Acceptance of drafts an Indianapolis correspondent of
Indiana bankers in payment of remittances,requeste
d
by Indiana National Bank of Indianapolis
2/26
Annual report for 1919, submitted
1/13
Ball, Frank C.,.appointment as Class "C" director
declined
owing to inability to dispose of bank stock
4/8
Ball, Frank C., qualified as Class "C" director and
oath
of office foraarded to Board
5/10
Banking hours changed; notice re,
4/12
Bonus:
Schedule of extra compensation for employees
for
second quarter, 1920
6/24
Substitute schedule of extra compensation for
employees
submitted by Mr. Paddock; approved
3/4
Booklet issued by; memo. of Mr. Emerson commenting
upon
language in, bearing an fiscal agency operations
of
FRBanks
2/24
Bonus:
Additional compensation for employees for first
quarter, 19X; recommendation re,
3/2
Building plans:
See undercuarters of Bank"
By-laws; notice of amendment to, to provide for six,
instead of five, members of executive committee
1/26
Chicago Clearing House Association; request from
FRAgent
as to wlether, should occupy space in Bank's propo
sed
new bank building
6/15
Collecting items on non-member banks; lette
r from
FRAgent Heath re method of; acted upon
3/4
Complaints of John A. Lynch re certain activ
ities of;
letter from Gov. McDougal re,
5/27
Contemplated action of, in declining to accep
t as collateral for F. R. notes, paper secured by Gover
nnant
obligations,unless secured at market rates
;approved
5/28
Contribution by, toward new quarters for Chicago
Chapter '
of American Institute of Banking; Board's appro
val
requested
5/19
Draft of reply prepared by Counsel
5/25


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.0.16
45

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57°
256

2;8

icd
so
g31)
489

494
469
46$

LXI

Page
F. R. Bank of Chicago: (continued)
Directors:
See under heading "Directors"
Discount Rates:
See under heading "Discount Rates"
Dividend approved at rate of .kc per annum for period
6/22
Jan. 1 - June 30
of
by-laws
to
Executive committee; notice of aneniment
1/26
Bank providing for six, instead of five,members
of
appropriation
Federal Reserve Club; approval of
$'8,000 for use by, in connection with educational
3/23
work for 1920
Board
of,
that
n
recommendatio
Leased wire committee;
act as custodian of copies of code books to be formu2/17
lated by sub-committee on codes
/17
2
approved
Harding
Gov.
of
Reply
operation
in
expense
of
allocation
system,
wire
Leased
of; letter from Gov. McDougal re, with memo. thereon
5/11
by General Counsel
Leased wire system, plan of handling expenses in operation
of main lines of; letter from Gov. Harding to Gov.
5/12
McDougal re,
Tiarriage of male employees receiving less than 4125 per
month; attention directed to press dispatches in re
3/8
prohibition of,
3/17
Letter of explanation from Bank re rule as to,
Meredith, E. T., committee of Board qppointed to submit
2/2
recommendation re successor
Meredith, D. T., resignation as Class "C" director, and
2/13
suggestions re successor
Paper carried by, for RBank of New York; Board requested to arrange that other FRBaaks take over 420,000,000
3/12
of,
to
District
Par list; all banks in Wisconsin in Seventh
be placed on, on March 1st., subject to approval by
1/26
ERBoard; notice re,
Co.,
Insurance
Life
Colony
Old
Party wall agreement with
3/29
rights of Bank under; letter re,
quarters:
Bid of W. J. Newman Co. for wrecking buildings on
4/21
site of new bank building, accepted
Building plans; letter, with preliminary plans,submitted; Architect of Bank authorized to proceed with
1/26
working plans an basis of preliminary plans
Diamartling of bank building awaiting approval of
4/5
ERBoard; letter re,
Agent as to whether Chicago Clearing
Request from
House Association Should occupy space in proposed
6/15
new bank building


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Federal Reserve Bank of St. Louis

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104

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179

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128
173

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103
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Page l
F. R. Bank of Chicago: (continued)
Rediscounts:
See under heading Sediscounts"
Rights of, under party wall agreement with Old Colony
Life Insurance Co.; letter re,
3/25
Salaries:
Heath, W. A., FRAgent, salary approved at $24,000
per annum, effective Jan. 1, 1920
1/5
Increases in, of employees of the several departments,
effective July 1st.
6/24
Staff of,
Assistant FRAgent White, desire of, to accompany
national bank examiners in examinations of banks in
New York City; statement of Comptroller
2/17
Marriage of male employees receiving less than $125
per month prohibited by Bank; attention directed to
press dispatches re,
3/8
Rutledge, Charles G., appointment and bond as Acting
Assistant FRAgent
6/15
F. R. Bank of Cleveland:
Annual report for 1919, submitted
1/13
Authority granted, to act as agent for War Department in
holding in escrow contract made by latter with Domsst
ic
Coke Corporation
1/13
Bonus:
Schedule of extra compensation for employees for first
quarter, 1920
3/8
Schedule of extra compensation for employees for
second quarter, 1920
6/8
Discount Rates:
See under heading "Discount Rates"
Dividend approved at rate of 6$ for period Jan. 1st.
to June 30th., 1920
6/15
Examination, as of close of business Feb. 14th.; memo.
of 11r. Paddock analyzing report of,
3/24
Examination; statement by Mr. Herson of results of
observation during,
3/20
Expenditure of 44,000 for personnel aid educati
onal
work for last six months of year,approved
5/10
Fiscal agency account of; letter from Assistant
Secretary
Leffingwell of Treasury re differences in,
6/22
loss
through failure of Struthers Savings & Banking
No
Co., Struthers, Ohio; report re,
4/8
Personnel and educational work, expenditure of 44,000
for, during last six months of year, approved
5/10
Publicatian,"Federal Reserve Notes", of Bank; appropriation of $1,500 to defray part expense in connection
with, to July 1, 1920, approved
3/8
Rediscounts:
See under beading "Rediscounts"

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Federal Reserve Bank of St. Louis

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Page
F, R. Bank of Cleveland; (continued)
Reserves, deficiencies in; member banks assessed penalties for, from six to fifteen consecutive months;
1/15
advice re, requesting Increase in penalty rates
1/15
EBanks
all
of
Govs.
Reply of Gov. ordered sent
y
Advisor
Federal
of
member
Rowe, W. S., appointment as
1/12
Council from Fourth District
Salaries:
Adjustments in, effective July 1st., and plan adopt6/22
ed by Bank for future adjustments, approved
c25,000
at
d
approve
salary
,
Wills, D. C., FRAgent
1/5
per annum
of,
Staff
5/14
McClure, Janes H., appointment and salary
5/14
salary
and
ment
appoint
F.,
,
C.
McCombs
5/14
Stephenson, G. H., appointment and salary
Subscribers to Liberty bonds; practice of Bank in
forwarding bonds to, by registered mail, when living
4/30
in Cleveland
F. R. Bank of Dallas:
1/27
Annual report for 1919, submitted
y
Ball, A. L., appointment as member of Federal Advisor
1/12
Council from Eleventh District
Bonus:
Schedule of extra compensation for employees for
6/24
period Jan. 1 - June 30
report
from;
Borrowings of State member institutions
5/15
re status of,
shestabli
for
made
ments
Branch post office at; arrange
3/24
ment of,
L.
R.
from
letter
of
copy
t;
Cattle loans in Distric
6/9
Ball re treatment of, forwarded FRBoard
detailZandt
Van
Gov.
from
letter
ent;
Clearing departm
2/9
ing difficulties confronting,
ce
referen
further
t;
Distric
h
Elevent
in
Clearing plan
1/24
to effective date of abolition of,
banks
from
protest
t;
Distric
h
Elevent
in
g
Clearin plan
at Fort Worth, Texas, against discontinuance of;
1/29
memo. of Mr. Hoxton re,
1/29
Date of abolition of plan postponed until March 1,
Collection agencies in Eleventh District; establishment
2/24
of certain, recommended by RAgent Ramsey
5/1
Credit conditions in District; report re,
Discount Rates:
See under heading "Discount Rates"
Dividend approved at rate of et;.; per annum far period
6/22
Jan. 1 - June 30


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Federal Reserve Bank of St. Louis

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37

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7,9
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457
457

424
108
40

568
461
296
532
160
100

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117
201
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552

rag°
F. R. Bank of Dallas: (continued)
Expenditure of ;,)1,666 in acoustical treatm3nt of walls
of Houston Branch, approved
3/23
Organization of; FRAgent authorized by Board to appoint
committee of three directors to consider and recammenA
changes in,
3/24
Par collection plan of FRBoard; notice from Gov.
Van Zandt of meeting to be held in New Orleans,Feb.
6th., for discussion of, together with Board's reply 2/5
Payment of per diem allowance to Class "A" directors
attending conference an May 18th., disapproved
4/21
Plan to make effective graduated. rate amendma nt to MAct,
recommended by FRAgent Ramsey
5/11
Propriety of MBank receiving for collection maturing
items forwarded direct from menter bank in another
district for account of the MBank of such other
district; memo, of Counsel re inquiry as to,
2/17
Purchase by, of mail transfers an New York and other
eastern cities; statement of certain bankers in
District re, requesting same not be discontinued
3/25
Rediscounts:
See under heading 'Rediscounts"
Reserves:
Proposed chansre in method of calculating required, of
FRBanks; discussion between FRBoard and bankers
of Eleventh District re,
2/3
Texas committee authorized to prepare report
outlining new plan of calculating,
2/3
Rebate of penalty for deficiencies in, of member bank,
approved, due to failure of the ii1RBak to receive
remittances delayed in mail
6/10
Salaries:
Adjustments in, at Bank & Branches; memo. of Ur.
Paddock suggesting action on recommendations for,
1/2
Certain recommendations in; letter from Board to
Bank re,
4/28
Christilles, C. C., secretary to FRAgent, increase
in salary
4/1
Connor, 7/11liam, increase in salary requested
4/26
Douglas, John 0., in charge of State bank membership
campaign at Houston Branch; salary increased
3/25
Evans, W. J., salary increased to 4,500 per annum
2/24
Freeman, Reese T., salary increased
1/17
French, L. L., increase in salary requested
4/26
Galloway, R. A,, salary increased
5/25
Gilliard, S. L., increase in salary requested
4/26
Hudel, 17,. J., increase in salary requested
4/26


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Federal Reserve Bank of St. Louis

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LXV

Page
P. R. Bank of Dallas: (continued)
Salaries: (continued)
Ikard, Floyd, Asst. Cashier, salary increased to
3/23
0,600 per annum
Increases in, must all be submitted to aBoard
3/29
before becoming effective
Increases in, of certain employees in F. R. Agent's
4/28
Dept.; Board's reply to re4uest for,
5/11
Increases in, of eighteen employees, approved
2/24
Increases in, of employees of Transit Dept.
4/26
Kennedy, (Miss), increase in salary re,uested
Killingsvorth, J. L., Manager Fiscal Agency Dept.,
3/23
salary increased to 0,300 per annum
4/26
Leach, R. V., increase in salary resiuested
4/26
Mayberry, George, increase in salary re,uested
4/26
Nero, Laut, increase in salary re,uested
of,
salaries
of
schedule
Officers and employees;
1/6
effective Jan. 1, 1920
$18,000
at
approved
salary
Ramsey, Wm. P., FRAgent,
1/5
per annum
&
Gov.
Cashier:
Talley, Lynn P., Deputy
1/6
Increase in salary recommended; action deferred
1/17
disapproved
salary,
Recommendation re
2/24
annum
per
Salary at ,',110,000
4/13
Salary increased
Teagarden, Carl B., Asst. General Auditor, salary
2/24
increased to :;;',4,000 per annum
.g7,500
to
in
salary
increase
L.,
Van Zandt, (Gov.) R.
1/17
per annum, recommended; disapproved
of,3/2
n
compensatio
re
in
letter
L.,
R.
Van Zandt, (Gov.)
4/13
Van Zandt, (Gov.) R. L., salary increased
/26
4
re,uested
salary
in
increase
Lawrence,
Ware,
4/6
increased
salary
C.
H.,
Wells,
Staff of,
2/24
Christilles, C. C., appointment as stenographer
Douglas, J. O., field representative, to be continued
5/19
in present status
3/2
Jernigan, H. T., appointment as examiner
2/24
Leader, Sam 31., Cashier, appointment as,
5/12
Teagarden, Carl 3., election as General Auditor
Supplemental statistics bearing upon operations of,
2/11
for 1919, submitted
Unsatisfactory conditions at; statement of rumors re;
idr. Hoxton authorized to visit 3ank for purpose of
2/19
Investigation
F.R. Bank of Kansas City:
Agricultural and livestock interests; newspaper
6/10
interview by Gov. Miller re fostering of,


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LXVI

F. R. Bank of Kansas City: (continued)
Annual report for 1919, submitted
1/22
Automobile paper classed as non-essential industry
and
therefore undesirable for rediscounting; state
ment
by committee of local automobile industry re ruling
of Think
4/27
Statement by Gov. Harding to committee,outlining
Board's position
4/27
Branches:
Resolution of directors approving applicatio
n of
member banks at Tulsa, Oklahoma,for branch
at
Tulsa
1/20
Establishment of branch disapproved by Board
1/20
Cattle industry in District; letter from Gov.
Miller
re call made by representatives of, and re effec
ts
of graduated rate plan upon industry
5/10
Cattle industry in District; report re metho
ds of
financing,
5/15
Collection of items of non-member banks not
clearing at
par; complaint from Nebraska Department
of Trade &
Commerce re methods employed in,
2/2
Collection of items on non-member banks not
remitting at
par; resolution of Rep. Andrews proposing inves
tigation of claims of non-member banks in Nebraska
against methods employed in;
,)/.)
Committee of, granted hearing by Board an April 3rd.
in
re bid for construction of new bank building
3/24
Hearing postponed until April 6th.
3/29
Complainants against par point campaign of, to be
notified Board will grant them hearings but will not
receive depositions
4/6
Conference with ERA.gent Ramsay and Transit Manager
of
Omaha Branch re charges of Nebraska Congressio
nal
delegation against Bank's par point campaiGn,
re,uested by Board
2/18
Cooperative store to be operated by emplo
yees of; protest
from Retail Grocers Association of Kansa
s City
against,
3/23
Dividend approved at rate of eic;; per
annum for period
Jan. 1 - June 30, 1920
6/29
Expense item i1,118.74 (see special letter from
J. Z.
Jr.)
2/11
Installation of private wire between, and
its Oklahoma
City Branch, re,uested; refused
4/17
Minutes of meeting of Board of Directors on April
29th.;
copy of, forwarded F. R. Board
5/11
Mr. Hoxton authorized to visit, to ascertain results of
adoption and application of graduated rate plan
5/10


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Page
P. R. Bank of Kansas City: (continued)
Paper not bearing endorsement of non-member bank but
for Which same is principal; ruling of Board re3/9
quested re policy to be pursued by FRBank re,
quarters:
Bank authorized to procure and submit to Board for
approval, bids covering steel and cement work
2/25
for contemplated building
committee
building;
bank
new
of
Bid for construction
of Bank granted hearing by Board on April 3rd. re, 3/24
3/29
Hearing postponed until April 6th.
bank
new
of
construction
beginning
for
Necessity
building at earliest possible moment, presented
2/24
by Gov. Miller
Oklahoma City Branch; inability to acquire at reason2/19
able rental; advice re,
Report of Mr. Trowbridge re bids for construction of
new building, recommending acceptance of that of
4/6
Geo. A. Fuller Co.; action deferred
Authority granted Bank to negotiate contracts
4/7
for construction of new building and vaults
Rediscounts:
See under heading "Redismunts"
Salaries:
Adjustments of; memo. of Mr. Paddock suggesting action
1/2
on recommendations for, at Bank and branches
Boardman, C. K., Asst. FRAgent, salary increased to
1/17
46,000 per annum
Cockrell, Monroe F., Examiner; salary approved at
6/29
$3,600 per annum
of
Fiscal Agency Dept.; increases in salaries
1/6
employees
,:;15,000
at
Ramsay, Asa E., ElAgent, salary approved
1/5
per annum
per
$2,400
at
approved
Storm, George A., salary
6/29
annum
4/17
anmam
per
.;,;*2,400
at
approved
y
Wilson, Walter,salar
Staff of,
3/5
Cockrell, Monroe F., appointed exmminer
6/29
authorized
additional,
two
of
Examiners; appointment
6/8
McAdams, Arthur M.,appointment as assistant cashier
1/26
1920
year
for
appointment
of
Officers; notice
6/8
cashier
assistant
as
nt
H.,appointme
Pipkin, George
Swinney, E. F., reappointment as member of Federal
1/9
Advisory Council from Tenth District
Branch;
contract
and
Omaha
Telegraph service between,
5/15
.
covering,
disto
in
position
is
Bank
that
advice
U. S. 4-r; bonds;
3/27
pose of certain, and asking Board's views

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Federal Reserve Bank of St. Louis

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64
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26
462
311

rage
F. R. Bank of Kansas City: (continued)
Wireless telegraph equipment; suggestion from Baru for
installing of, between RBanks and branches
4/17
F. R. Blink of Minneapolis:
Annual report for 1919, text of, sulxaitted
1/16
Bonus:
Schedule of extra compensation for employees for
period. Jan. 1 - June 30, 1920
6/23
Credit and. business conditions in District; report re, 5/10
Discount Rates:
See under heading "Discount Rates"
Dividend, approved at rate of eFi.c per annum for period.
Jan. 1 - June 30, 1920
6/23
Earnings; item "protest fees `t)184.95"
2/11
Expense item 32.45 in Gov. Young's letter of Jan. 2nd..
2/11
F. R. note situation and credit conditions in Ninth
District; analysis of, submitted by
1/7
EllAgent
Margin required. by, on all notes discounted, secured by
Liberty bonds and Victory notes bearing date after
June 6th., and. Bank not lending in excess of 80%. of
par value; advice re,
6/1
;uarters:
Building program, policy in carrying out; request
from Gov. Young for suggestions by Board. re,
2/12
Salaries:
Ebersole, J. F., appointed. Assistant FRAgent at
$4,500 per annum
2/20
Employees; schedule of salaries for, submitted,with
memo. of hr. Paddock recommeraing, approval
1/27
Rich, John H., IMAgent, salary approved at 13.5,000
per annum
1/5
Silver dollars; Bank able to obtain about 125,000
of, from local banks; advice re,
1/27
Staff of,
Ebersole, J. F., appointed Assistant FRAgent
2/20
Bank
of New York:
F. R.
Acceptances:
Bankers'; reply of Bank to Board's letter (K-1837) re
special rates for open market purchases of,
3/2
Thcarnination of specimen, purchased by Bank, by Gov.
Harding, and statement that holding of paper of
this character constitutes prime bills of liquid.
nature
1/10
Holdings of; memo. re, containing in detail transactions of Bank in New York acceptance market,
submitted by Gov. Harding
2/28


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63.

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106
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9
7,9

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3
S
6

10

91

06'9
t9
10
91

17,1

F. R. Bank of New York: (continued)
Acceptances: (continued)
Purchase of barkers', from member bank, with latter's
endorsement; request from Bank whather to
4/5
classify as redisoaunt
Bank
as
of
by
held
Purchased in open-market and
4/9
March 27th.; memo. of Ur. Paddock
Jay,
FRAgent
;
Acceptances and rate of discount thereon
Ur. Kenzel, and committee of bankers invited to attend
4/12
conference in Washington, April 20th., to discuss
3/8
ed
submitt
of,
proof
Annual report for 1919; page
re,askreport
;
1919-20
t,
movemen
Argentine gold export
ing Board's views re Bank undertaking transactions
3/2
involving shipment of gold from London to New York
of,
nt
agreeme
under
RBanks
Basis of participation by
with Bank of Japan, submitted by PRBank; agreeable
5/5
to Board
5/13
d
approve
ment,
arrange
above
of
Amendment
Bonus:
Officers and employees; schedule of extra compensation
3/25
for first quarter, 1920, approved
and
s
officer
for
tion
compensa
Schedule of extra
6/24
employees for second quarter, 1920
4/17
of,
review
t;
Distric
Second
in
Business conditions
6/22
Business report for month. of May, 1920
life
of
officer
of
lity
eligibi
;
Class "B" director
1/17
insurance company as,
re14/5
report
3rd.;
April
s
busines
of
Condition of, at close
Contingent liability of, in connection with bills
purchased for Bank of Japan; memo. of Ur. Emerson re
3/23
publication of,
2/17
ed
request
as,
Hart
H.
Edward
of
ment
appoint
Counsel;
notes;
Bank
R.
F.
York
New
dollar
ten
of
eiters
Counterf
4/9
arrest of, reported
Daily report of business and financial situation in New
3/2
York, from Asst.gRAgent
4/9
Daily report of conditions in Second District
Daylight saving law of New York State; effect of, on
3/24
inter-F. R. Bank transactions; memo. of Mr. Emerson
if
law,
No objection by Board to Bank observing
necessary employees remain daily until close of
3/24
inter-F. R. Bank transactions
Deputy-Govs.; addition of two, suggested by G. F. Peabody
in letter to Secretary of Treasury; Board favorable 3/24
Discount Rates:
See under heading "Discount Rates"
Dividend approved at rate of 6,;; per annum, for period
6/24
Jan. 1 - June 30, 1920


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Federal Reserve Bank of St. Louis

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pa
F. R. Bank of New York: (continued)
Earmarking of sold by, for Directie der Javasche Bank
6/8
Examination of; instructions to 1.1r. Herson in re next, 3/20
Expected heavy loss by, in today's settlement, and.
probable necessity for negotiation of large rediscount
operation; statement by Gov. Harding
1/29
F. R. Bulletin; refusal of request of Bank to subscribe
for 75 to 100 additional copies of,
2/24
Federal Reserve Club; approval of appropriation of
16,500 to defray expenses of, for remainder of year,
requested
6/1
Financial and, business conditions in Second
District;
report re,
5/19
Form of agreement between, and Bank of Japan, submitt
ed 3/13
German gold. earmarked with Bank of igland for
account
of RBanks; practice of New York re sale of,
5/25
German gold purchased by, from U. S. Grain Corporation;
statement by Gov. that latter is anxious for settle
ment in re,
3/11
Proposed. basis for settlement, submitted by Bank
3/12
Gold. roubles, shipment of, from Russia to United States
;
letter re,
6/8
Governor; inquiry by Mr. Miller re filling of office
of,2/28
Governor; motion by Mr. Miller that immediate steps be
taken to secure resigaation of Benjamin Strong as, and
fill vacancy; tabled
3/2
Interlocking directorate situation in New York;
RAgent
requested to bring data and static.Itics re, to
Washington
4/12
Lee, Higginson, & Co.; statement of financial condition,
qualifying acceptances as eligible for purchase in
open market; advice re,
1/22
Board votes report be made upon nature and form
of information given by all such firms, stating
whe ther oral or in writing
1/24
Liquidation which has taken place in Second
District;
statement bearing upon, submitted by Acting
Gov.Case 2/25
Linimurn rate of U",,; approved on purchase of bills
in
open ze.rket by,
2/6
Money pool in New York between January and. and 28th.,
1920; analysis and comparison of borrowings
and deposits of sixty three banks participating in,
2/3
Monthly report of business conditions in Second Distri
ct;
introductory section of, submitted
5/1
Note and. deposit liabilities; permission requested, by
Bank to modify mathod of making public figures showing
, percentages held against,
2/27


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a
Page
P. R. Bank of New York: (continued)
to,2/6
Observations made by Gov. Harding during recent visit
n
bankcertai
Oral statement of condition filed with, by
ing firms doing acceptance business; correspondence
re, and suggestion that all statements be in
2/11
permanent form
2/19
ending
Profit and loss account for six months period
1/6
Dec. 31, 1919; statement re,

0
9

84

01
90.
0

6#1

',919
iS

Authority granted Bank to purchase adjoining property
to that acquired for erection of storage warehouse 6/3
Plan for storage building and offices for fifty
4 1,727,000, including land,
employees at cost of j
6/29
presented by Committee from Bank; approved
g
storin
for
ng
buildi
Purchase of ground to erect
4/16
records, eta., approved
z
&
Eidlit
Marc
d
awarde
Storage building; contract
5/27
Sons for immediate construction of,
of
Chief
Asst.
man,
Dunkle
Raising of notes by Arthur C.
6/24
Money Division; letter to Secret Service re,
report
York;
New
of
Co.
Rediscounts for Guaranty Trust
4/28
re
2/28
to,
visit
g
of
Report by Gov. Hardin
1/29
1919,
er,
Decemb
for
Report re business of,
by
filed
oral,
or
n
writte
Reports; dates of last,
certain banking corporations doing acceptance
2/4
business; advice re,
file
on
has
York
New
if
ain
ascert
to
Vice-Gov.
record of oral report of certain of above
2/4
corporations
s
Reserve deficiencies; memo. shoving dates and amount
4/1
of, together with statement by Gov. Harding
of
Reserve deficiencies shown in Bank's statement
2/28
Feb. 20th.; query of Mr. Miller in re,
Bank
re;
g
Reserve position of, report by Gov. Hardin
required to discount in amount of ,1;100,000,000,with
1/14
certain other R1Banks
during
in,
Reserve position of; report re improvement
4/28
period Feb. 25 - April 22
tender
legal
and
gold
Reserve requirements; insufficient
to supply minima, against both note and reserve deposits; opinion of Counsel requested as to apportion2/27
ment of reserve
of
ility
probab
Reserves; statement by Gov. Harding of
Bank being short In, of date; rediscounts
3/11
authorized for,


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LXKII

Page
F. R. Bank of New York: (continued)
Salaries:
Case, J. H., Acting Gov.; Board disapproves increase
in salary pending permanent settlement of
governorship
3/24
Deputy-Governors; increase in salaries of present,
suggested by G. F. Peabody in letter to Secretary
Houston; Board not favorable
3/24
Dodge, Edward L., salary approved at 05,000 per annum,
.
as Chief of Examining Division of Auditing Dept.
4/21
Employees of Auditing Dept.; suggested increases
for, approved upon recommendation of 11r. Hoxton
6/22
Increases in, of certain employees
5/25
Increases in, of employees, effective July 1st.
6/24
Increases in, of employees whose anniversaries of
employment fall during April
4/17
Increases in, of sixty-seven employees
4/1
Jay, Pierre, FRAgent, salary approved at 030,000 per
annum
1/5
Payment of employees of Auditing Dept. for overtime
work
5/14
Plan of compensation submitted, approved upon recommendation of Executive Secretary
6/22
Promotions and changes in title of certain officers
of Bank
5/25
Rice, Jams L.,increase in salary
5/25
Stabilization of exchange rates between U. S. and China;
purchase by Bank in open market of bills drawn,
accepted and indorsed by three foreign banking corporations, authorized
1/30
Limit of drawing of above bills, to sum of 020,000,000
extended during February
1/30
Staff of,
Aldom, Charle s V1., appointment
5/13
Blair, John D., appointment
4/17
Dodge, Edward L., appointment
6/15
Harrison, George L., elected Deputy Gov.
5/13
Hart, Earard H., appointment as Counsel requested
2/17
Lindgren, Albert A., appointment
5/13
O'Connor, Joseph L., appointment
4/17
O'Connor, Joseph L., resignation
5/13
Ott, John A., resignation
5/13
Payment of employees of Auditing Dept. for overtire
5/14
Promotions and changes in title of certain officers
5/25
Prouty, Carl R., appointment
5/13
Snyder, Carl, employment as manager of Statistics &
Information Dept. at 010,000 per annum,recommended 1/23
Appointment approved
1/29


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Federal Reserve Bank of St. Louis

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Pace
P. R. Bank of New York: (continued)
Staff of, (continued)
4/17
Twiddy, Wesley S., appointment
4/17
Wichern, John H., appointment
Withrow, Charles, discontinuance of services of,
6/15
May 1st.; notice re,
Statement of condition; memo. of Mr. rxerson as to
whether Bank should show in, contingent liability
assumed in connection with purchase of bills under
3/26
contract with Bank of Japan
P. B. Bank of Philadelphia:
1/29
Annual report for 1919, submitted
Banking and business conditions in Third District; report
5/19
re, and upon activities of Bank
Banking and credit conditions in District, also condition
5/12
and activities of Bank; report re,
Bonus:
Schedule of extra compensation for employees for six
6/22
months ending June 30th.
Conference of Clearing House Representatives at Chicago,
Jan. 23rd.; inquiry from Agent whether FRBanks are
1/17
to pay expenses of representatives attending,
Directors:
See under heading "Directors"
Discount Rates:
See under heading "Discount Rates"
Dividend approved at rate of 65 per annum for period
6/22
Jan. 1 - June 30
Executive committee meetings; fee of directors attend1/6
ing, increased to 020
3/4
Governor; acceptance of office of, by Geo. W. Norris
Loans, reduction in, of member banks with the FRBank,
5/19
during past three weeks; letter from Gov. Norris
Norris, Georgp W., notice of acceptance of office of
3/4
Governor
Passmore, (Gov.) E. P., notice of intended resignation,
1/22
effective not later than end of February
Passmore, (Gov.) E.-P., selection of successor to; letter
2/6
from FRAgent Austin
4,uarters:
Expenditure of 090 per month for additional space,
4/21
approved
Rediscounts:
Sea also under heading "Rediscounts"
Situation re, at Bank; letter from FR11E:tint Austin
2/6
3ornmenting upon,

3

3,

1

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Federal Reserve Bank of St. Louis

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546

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67

552
14
235
469
235
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149

398

149

LMTV

page
F. R. Bank of Philadelphia: (continued)
Reports an business conditions; additions to force, and
more space, necessary for making enlarged,
1/14
Letter from Dr. Willis in re securing necessary
space
1/20
Salaries:
Austin, R. L., FRAgent, salary approved at 015,000
per annum
1/5
Davis, W. J., Asst. Cashier, salary increased to 07,500
per annum
3/10
Dyer, U. A., Cashier, increase to 012,000 per annum
recommended;, disapproved temporarily
3/10
Dyer, W. A., Cashier, salary increased to 012,000
per annum
4/24
Earl, Samuel R., Asst. Cashier, salary increased to
06,000 per annum
3/10
Hutt, W.11., Jr., Deputy Gov., increase to ;15,000
,.4
per annum recommended; disapproved temporarily
3/10
Hutt, W. H., Jr., Deputy—Gov., salary increased to
015,000 per annum
4/24
Junior officers; recommendation re increases in
salaries of,
3/2
LaBold, F. W., Asst. Cashier, salary increased to
06,000 per annum
3/10
McIlhenny, O. A., Asst. Cashier, salary increased to
47,500 per annum
3/10
Miller, R. M., Jr., Asst. Cashier, salary increased
to ,)6,000 per annum
3/10
NO/TiS, George W., salary approved at 025,000 per
annum, upon report for duty as Governor
3/8
Officers; recommendation of Lir. Paddock that action
on increases be d3ferred pending appointment of new
•
Governor
3/3
Officers and employees; schedule of salaries,
effective Jan. 1st., 1920, approved
1/7
Officers and employees of FRAgent's Dept.; schedule
of salaries, effective Jan. 1, 1920
1/7
Rehfuss, J. Frank, salary increased to 02,500 per
annum
6/24
Toy, James 1.1., Asst. Cashier, salary increased to
06,000 per ramum
3/10
Wittman, Joseph, salary increased to 02,100 per annum 6/24
Staff of,
Litzenburg, Charles, designated assistant examiner
5/27Reeve, Maurice E., appointed in Dept. of Examination 3/2
Reeve, 'Maurice E., designated examiner
6/2


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Federal Reserve Bank of St. Louis

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71°

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404
25°
25°
40°A

268

08
2111

611
490

01,
51*

Page
F. R. Bark of Philadelphia: (continued)
Staff of, (continued)
Rehfuss, J. Frank, appointment and bond as Acting
6/22
Assistant FRAgent
from
letter
Passmore;
Selection of successor to Gov.
2/6
FRAgent Austin re,
3/2
BxAmination
of
Dept.
Welch, William, appointment in
6/2
Welsh, William A., designated examiner
3/2
Wolfinger, C. E., designated examiner
Vault:
Bid of New York Safe and Lock Jo. to install, in new
building, approved upon recommendation of LIT.
Trowbridge
Construction of foundation for new; advice from Bank
re letting of contracts for, on "time and material
2/18
basis"
Expenditure not in excess of 0150,000 approved, for
alterations to building in connection with in2/4
stallation of new vault
Recommendations of Consulting Architect re character
1/13
of construction for new vaults
P. R. Bank of Richmond:
Acceptances of Armour & Co. and Swift & Co.; letter from
Deputy Gov. Peple re; Executive Secretary authorized
to visit Richmond in connection with,
3/9
2/20
Annual report for year 1919, submitted
Bonus:
Schedule of extra compensation for employees for period
6/24
Jan. 1 - June 30
Discount Rates:
See under heading "Discount Rates"
Discount situation at; W. W. Hoxton to visit Bank and
6/15
report on,
Dividend approved at rata of k; per annum for period
6/22
Jan. 1 - June 30
Immediate credit symbol used by banks of district; correspondence in re refusal of certain New York banks to
1/24
recognize,
over
their
checks
in
Govt.
cashing
FilBanics
Liability of
counters; letter from Deputy Gov. re, with reply of
3/9
Gov. Harding
small
membership
to
admitting
in
pursued
Policy to be
2/19
State institutions in Fifth District; letter re,
Quarters:
Addition of sixth story to proposed bank building,at
1/2
cost of approximately 475,000, authorized
bank
new
of
construction
in
made
being
Progress
3/15
building; report re,


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Federal Reserve Bank of St. Louis

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149
227
514
227

122

184

141
46

253
194

568

543
552

100

251-52
192

3
461

Page
F. R. Bank of Ri&imond:
Salaries:
Broyles, Frank E., salary approved at2,500 per
annum
3/24
Employees; obanges in salaries, effective Jan. 1st.
2/12
Hale, D. M., salary approved at c)3,000 per annum
3/24
Hardy, Caldwell, FRAgent, salary approved at ,A5,000
per annum
1/5
increases in, effective July 1st.
6/24
Leake, E. A., salary approved at ;2,500 per annwm
3/24
Transit Department; adjustment of salaries in,
3/20
Transit Department; increase in salaries of
employees4/5
Transit Department; request for increase in salari
es
of employees
3/18
Wheelwright, W. H., salary increased
4/5
Staff of,
Bradley, Richard, appointed Asst. FRAgent, effective
July 1st.
6/24
Johnstone, A. S., designated Assistant to Governor
5/1
Schutz, Henry, appointment as Asst. FRAgent revoke
d,
in view of assignment to other duties
6/21
F. R. Bank of St. Louis:
Annual report for 1919, submitted
2/17
Attebery, 0. M., Deputy Gay.; propriety of, serving on
committee of American Bankers' Association
1/17
Boehne, John W., Class "C" director; desirability of
resignation, in view of proposed Conressional
campaign
4/1
Credit expansion in Eighth District; correspondence re
checking of, submitted by Mr. Hoxtan
4/21
Credit situation in Eighth District; Mr. Hoxton
authorized to visit St. Louis to discuss,
5/10
Directors:
See under heading "Directors"
Discount Rates:
See under heading "Discount Rates"
Dividend approved at rate of 6,;.; per annum for period
Jan. 1 - June 30
6/22
Expense item "Officers dinners - c60.84" contained in
report of Bank for Nov., 1919; no objection by Board
1/12
Mississippi State banks; letter from Board re
recent
legislation by State of Mississippi providing for
depositors' guarantee fund upon eligibility of, for
membership in System
5/19
Salaries:
Adjustments in, of officers and employees
6/29
Martin, Wm. Mc:C., FRAgent, salary approved at 0.8,000
per arrum, subject to approval by Governor
1/5
Salary fixed at .A6,000 per annum
1/5


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Federal Reserve Bank of St. Louis

291
110
291
7,9
569
291
268
346
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345
569
41

669
116
64

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4)0

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41

464
519
7

9

Page
F. R. Bank of St. Louis: (continued)
Staff of,
3/9
Kunz, Alfred J., designated examiner
/5
4
Papin, J. Vion, appointment
Board
Time schedule for transit items of; letter from
3/30
approving ,
r
as membe
Watts, F. 0., appointment from Eighth District
1/12
1920
year
for
il
Counc
of Advisory
P. R. Bank of Sun Francisco:
Anglo and London-Paris National Bank of San Francisco,
application of, to receive immediate credit for its
's
national bank note deposits; explanation of RBank
5/5
attitude toward,
1/13
Annual report for yeai 1919, submitted
1/13
as,
rt
Stewa
H.
C.
of
t
Assistant Deputy Gov.; appointmen
banks
nal
natio
ring
Bank of Italy; action of, in acqui
n
and operating same as branches; letter from Mr. Perri
1/6
and memo. of Mr. Hoxton re,
Bonus:
d
Schedule of extra compensation for employees for perio
6/23
Jan. 1 - June 30
Branches:
5/11
fee
Amendment to by-laws of, allowing directors .40
ed
pprov
ngs,a
meeti
ttee
commi
for attending executive
Directors:
See under heading "Directors"
Discount Rates:
See under heading "Discount Rates"
r from
Discount situation in Twelfth District; lette
6/9
zing,
FRAgent Perrin analy
d
for
perio
,
annum
per
of
6%
rate
at
Dividend approved
6/24
Jan. 1 - June 30 •
5/5
in,
ase
Fees paid directors of branches; suggested incre
naForm of verification of loans and discounts in exami
ved 3/12
tion of certain member banks, submitted and appro
conin
Fuerst, Arthur W., notice of apprehension of,
3/31
nection with shortage in Coupon Dept.
Interlocking directorates in District:
1/28
nt
Investigation, continuing of; letter from FRAge
and
re,
ion
Mr. Perrin instructed to make investigat
1/13
'
report
1/9
nt
FRAge
Policy re review of; telegram from
of, 1/2.
Suggestion from FRAgent for sweeping cancellation
4/24
on,
Japanese financial situation; report
6/16
all,
for
sted
Loans and rediscounts; rate of 0 reque
2/6
nt
FRAge
from
upon,
Organization of; suggestions bearing
Asst.
from
ram
teleg
Overdraft in Treasurer's account;
4/2
probable,of date
Secretary Leffingv.rell to Bank re


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Federal Reserve Bank of St. Louis

255
345
321
38

434
45
47

15

564
447

532
571
432
267-68
324-25
111
45
27
2
407
549
151
335

F. R. Bank of San Francisco: (continued)
Perrin, John, FRAgent; authorized to take vacation
during months of February and March
1/5
Cuarters:
Bids for steel mark on new bank building; lette
r re, 4/21
Board's approval requested, to proceed with
erection
of new bank building
4/28
Construction of new bank building at once,
authorized 5/25
Delivery of sub-treasury building to bank
as affecting
immediate erection of new bank building, to
be
considered at next meeting of directors
5/1
Request from Bank for no further delay in constructi
on
of nea bank building
5/13
Steel construction work for new bank building;
explanation from FaAgent re recommendation for adopt
ion of
next lowest bid for,
4/5
Steel contract for new bank building; communication
from
Agent re,
2/3
Steel contract for new bank building; recommenda
tion
of Bank for approval of estimate of American
Bridge Co.
4/1
Steel contract for new bank building; telegram from
Board to Bank re letting of,
4/8
Structural steel for use in new bank building;
letter
from Gov. Calkins re placing of order for,
2/11
Rediscount procedure in practice at; memo. of Lir.
Hoxton
commenting upon suggestion from RAgent for change
in,2/9
Board favorable to suggestion for perfecting rediscount organization of Bank
2/9
Rediscounting of paper; letter from FRAgent Perrin
raising certain questions in re; ref. to General
Counsel 1/20
Rediscounts:
See under heading "Rediscounts"
Salaries:
Adjustments in, of enployees of RAgent's Dept.
6/29
Perrin, John, FRAgent, salary approved at 424,0
00
per annum
1/5
Reed, Jay L., salary at 03,300 per annum as
Acting
Assistant Cashier
6/29
Sawyer, T. B., salary increased
5/5
Scandinavian-American Bank of Seattle:
Payment of first 0350,000 into funds of; advice
re,
1/7
Shortage in Coupon Department; apprehension of
Asst.
Teller Fuerst in connection with,
3/31
Staff of,
Ammerman, Louis Bentley, appointment as head of
Purchasing & Supply Depts.
5/19
Denny, J. U., appointed Acting Examiner to assist in
examination of Bank of Italy
2/3

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Federal Reserve Bank of St. Louis

LI=

Page
1'. R. Bank of San Francisco: (continued)
Staff of, (continued)
3/16
Denny, J. 2d., appointment as Acting Examiner
4/14
Examiner
Denny, J. M., appointnent as
Elliott, Edward, approval of continuation in State
bank membership campaign work, at present compen4/15
sation, until July 1st.
of
months
during
Perrin, John, RAgent, vacation
1/5
February and March, approved
Cashier,
Asst.
Acting
as
t
Reed, Jay L., appointmen
6/29
effective June 1st.
1/13
Gov.
Deputy
Asst.
as
t
appointmen
Stewart, C. H.,
P. R. Banks:
Assessment for expenses of FRBoard for six month period
ending June 30th., accounting procedure of FRBanks
5/13
re; reply of Gov. Harding to FRAgent Jay
Assessment of, for expenses of FRBoard for period
6/15
July - December, 1920
FRBank
Basis of participation by, under agreement of
of New York: with Bank of Japan, submitted by New York
5/5
and agreeable to Board
5/13
approved
Amendment of above arrangement
Capital stock, reduction in, of a MBank; opinion of
Counsel requested whether, in case of, its general
6/9
surplus of 1005; should be reduced proportionately
from
letter
1920;
30,
Closing of books of, as of June
Board to Chairmen of FRBanks re course to be pursued
6/9
in
holdre
views
Board's
of;
tives
Conference of representa
ing of,to discuss personnel and welfare questions,
requested by Organization Counsel of FRBank of
3/2
New York
of
figures
showing
separate
of;
accounts
expense
Current
re cost of F. R. notes in, recommended. by FRAgeat
4/12
Curtiss
Discount Rates:
4/15
Telegram from Board to Govs. of all RBanks re,
banks;
Earnings, suggested distribution of, among member
4/24
letter from Gov. Harding to RAgent McCord re,
Copies of above letter ordered furnished member
4/29
banks in Sixth District
Franchise tax paid by; method of disposition by Govt.
of, suggested by RAgent Perrin, together withneno.
4/24
by General Counsel
notes
Gov. authorized to notify, not to accept collateral
for rediscount from other FRBanks unless secured by
6/15
collateral of 100A market value
five
which
in
paper
other
Holdings by, of acceptances and
largest packing houses in U. S. are interested; report
3/20
to be requested re,

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Federal Reserve Bank of St. Louis

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379

382
7-8
578
47

451
542-43

435-36
450

532

532

227

371
385-86
407
420

405

543

287

par
P. R. Banks: (continued)
Letters from Board to, re
Charges covering shipments of gold coin from Denver
Mint to U. S. Sub-Treasury at San Francisco,calling for reimbursement of Board
3/13
Discontinuing weekly reports on discount rates where
no changes are contemplated
3/4
Discount rates
5/29
Interest charge an F. R. notes not covered by gold
certificates or gold coin deposited with FRAgent;
Gov. authorized to submit for approval
6/10
Recommendations made at Governors' conference April 710, containing comments by Board on,
6/4
Reserves, deficiencies in; establishment of graduated
tax an,
4/2
Schedule of acceptances held by FR.Banks of each of five
leading meat packing houses in U. S., requesting in
detail
3/23
Letter approved
3/2.5
Liability of, in cashing Govt. checks over their counters;
letter from Deputy Gov. at Richmond re, and reply of
Gov. Harding
3/9
Memo. of Asst. Secretary suggesting advising, that no
longer necessary to withhold silver certificates and
standard, silver dollars from circulation
5/19
Method of making public reserve percentages of; memo. of
Statistician and Assistant Secretary re,
6/24
Figures srzwing combined reserve against note and
deposit liabilities of each FRBank ordered published in weekly statement of condition of iRBanks
6/24
Pension plan for employees of, outlined in letter from
Mr. Kenzel; memo. of Mr. Hoxton re,
2/20
Pension plan for employees of; report by Mr. Hoxton on, 3/9
Purchases by, of bankers' acceptances from member banks;
advice from Board re,
3/9
Salaries paid by, to employees receiving ::)5,000 per annum,
or less; progress report on investigation into,submitted by Director, Div. Analysis & Research
1/6
Telegram from Board to, re
Agreement by Treasury to extend total of standard
silver dollars it will deliver against current
fluids of the three American banks with branches
in Orient
2/2
Deferring of adoption of new method of determining
reserves until March 1st.
2/4
Increasing state bank memberships, explaining Lir.
Lloehlenpah's letter of February 27th.
2/28
New Treasury certificates, asking liberal subscription
to,
1/7
War paper holdings of; memo. of Er. Jacobson analyzing, 1/6

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Federal Reserve Bank of St. Louis

21

235

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6gz
334
g9s
305

2,61j.
410

667
667
194

Page
F. IL Board:
4/6
By-laws; revision of,
Expenses of,
Accounting procedure of aBanks in re assessment for,
for six months ending June 30th.; letter of reply
5/13
from Gov. Harding to RI-Agent Jç1 r,
6/15
July
Dec.
period
for
for,
Assessment of iRBanks
Members of,
Circulating of correspondence of, in executive folder;
6/1
attention called by Mr. Miller to neglect of,
of,
Meetings
Gov. Miller of Kansas City, hr. Trowbridge, and
• representatives of Bank's architects; attendance
4/6
of, at meeting of Board
To be held on Tuesday, Wednesday, and Thursday of each
6/3
week after Juno 8th., until further notice
Officers and Chiefs of Divisions; motion by Er. Miller
that Board furnish, with suitable certificates of
5/10
office
Offices of, to be closed at 1 P. M. on all Saturdays
6/10
during period Juno 15 - Sept. 15, 1920
Organization chart affecting staff of, (See auldliary
4/12
minute book of date)
Organization of; certain modifications affecting, made
3/30
special order of business for April 6th.
Propriety of, making statement in answer to suggestion
re embargo on gold exported from the U. S.,discussed 3/2
'uarters.:
Procuring of permanent, outside of Treasury building;
4/13
authority to be reluested of Congress re,
designated
Secretary of Treasury and Gov. Harding
4/13
to secure suitable action by Congress re above
Reply to Senate Resolution 328:
(See "Board's reply to Senate Resolution 328")
Salaries:
Adjustments in, effective July 1st.; recommendations
6/29
re, referred to committee
by
requested
papers,
Statement by, in re accumulation of
Secretary of Treasury for submission to Congress in
support of appropriation for National Archives Bldg. 3/25
P. R. Bulletin:
Limiting size or circulation of, to conserve print paper;
6/22
letter from Dr. Willis re,
obtained
far
thus
Publication in, authorized, of figures
in investigation of changes in volume of retail trade 1/2
Publication of, in two sections, recommended. by Dr.Willis,
6/29
approved


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Federal Reserve Bank of St. Louis

317-353

451
542-43

510

354
516

443
536
367
323
230

375
375

578

304-5

560
6
576-79

page
F. R. Bulletin: (continued)
Publication of resolutions of personal character in,
prohibited, except in event of death of member
3/30
Refusal of re,:uest of ER3ank of New York to subscribe
for 75 to 100 additional copies of,
2/24
Report of Bulletin Committee recommending that publication of, be continued on monthly basis
3/16
Statement to effect that Bulletin is only official organ
of Board, agreed to have appear in conspicuous place
in Bulletin hereafter
2/11
Suggestion of Governor for making, bi-monthly publication
3/11
Federal Reserve Club of 2.R. Bank of Chicago:
Appropriation of 38,000 for use by, in connection with
educational work for 1920
3/23
Federal Reserve Club for F. R. Bank of New York:
Approval of appropriation of 416,500 to defray expenses
of, for remainder of year, requested
6/1
Federal Reserve Corporation:
Contemplated organization of corporation to be knaan
as, by Federal Trust Co. of Atlanta; advice from.
Deputy Gov. Adelson re,
5/19
Federal Reserve Currency:
Issue and redemption of; report of committee appointed
at conference of Governors of FRBanks April 7 - 10,
1920, to study
6/29
Federal Reserve Districts:
Second:
Liquidat ion which has t _Lken place in; stat ement bearlug upon,submitted by .Acting Gov. Case of N. Y.
2/25
Fifth:
Policy to be pursued in admitting to membership small
State institutions in; communication from RAgent
Hardy re,
2/19
F. R. Notes:
accumulation of notes of FitBank of Boston in denomin
ation
of Q1,000, in hands of FRAgent Curtiss; advice re,
4/12
Control of issue of; memorandums of 11r. Strauss and
Lioehlenpah giving views as to methods
3/1
Erroneous shipment of, by Post Office Dept.,to Havana,
instead of to Jacksonville Branch; report from
Atlanta re,
5/5
In actual circulation Sept. 5, 1919 and June 4, 1920;
statement showing, with increase
6/8
Increased. demand for, in First District; letter from
FRAgent Curtiss in response to Board's reuuest for
explanation re,
2/24
Note situation and credit conditions in Ninth District;
letter from 1RAgent Rich submitting analysis of,
1/7

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Federal Reserve Bank of St. Louis

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264

161

410

19z
31

22

Page
F. R. Notes; (continued)
Separate showing of figures re cost of, from other items,
in current expense accounts of FRBanks, recommended by
4/12
FRAgent Curtiss
Unusual demand for currency evidenced by increasing issues
of; telegram from Board to RAgents re, asking cause 2/18
F. R. System:
vuestions of practice and policy of; reply of Gov.Harding
4/30
to letter from N. J. Upham of Duluth, ninn. re,
Use of, by eligible non-member banks; memo. of Mr.
Moehlenpah submitting synopsis of replies to Board's
2/11
letter of Jun. 12th. in re,
Federal Tax aa Railroad & Pullman Tickets:
Form for exempting officers and employees of FRBanks
from, when traveling on official business, submitted
by Asst. Counsel, tooather with circular to FRAgents 6/29
Federal Trust Co. of Atlanta, Ga.
Contemplated organization by, of corporation to be known
as Federal Reserve Corporation; advice from Atlanta 5/19
Fiduciary Powers:
American Exchange National Bank, Dallas, Texas; letter
to FRAgent Ramsey in re condition imposed upon exercise
1/30
of fiduciary powers
Applications for,
3/9
Commercial National Bank, 77ashington, D. C.
3/25
Application approved
Applications for, held
5/19
First National Bank, Waterloo, Iowa
5/13
Oklahoma
Shawnee,
Commerce,
of
Bank
National
5/14
Union National Bank, Muskegon, Michigan
reconsideration
Alabama;
Athens,
of
Bank
National
First
by Board of action approving application to serve as
trustee for Fulton Cotton Mills, and granting of
2/2
general trustee powers
Fifth-Third National Bank of Cincinnati, Ohio:
Affiliation between, and Union Savings Bank & Trust Co.
4/8
of Cincinnati; further information re,
Board agrees to approve joint directorships in above
4/e
institutions upon application
Common directors of, and Union Savings Bank & Trust Co.
of Cincinnati; memo. of Mr. Wyatt re applications
4/5
of, under Clayton Act
Financial & Business Conditions in Second District:
5/19
Report re, from FRAgent Jay
Financing Cuban Sugar Planters during "Dead Season";
Statement re plan for, by issuance of three month acceptances, prepared by Asst. Counsel; not considered
6/30
eligible by Board


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Federal Reserve Bank of St. Louis

371
183

422

164

579-80

470

121
25I
301
468
451
455-56

130

362-63
363

343
465

581

Page
Financing Farmers Carrying "Stock Cattle":
Draft of letter in re, submitted by Mr. Moehlaapah, for
sending FRBanks; action re,
5/28
First-Bridgeport National Bank, Bridgeport, Conn.
Purchase by, of shares of First Federal Foreign Banking
Association, approved
4/17
First Federal Credit Bank:
Application for organization of, under Section 25 (a) of
P. R. Act; memo. re,
1/22
Articles of incorporation, application for approval;
Board approved conditionally, augr_psting changing name
to First Federal Foreiga Banking Association
4/8
Fir3t Federal Foreign Banking Association:
Advice from President of, that Association is now open
for business
6/23
Articles of association and organization certificate of,
with form of preliminary permit authorizing corporation to commence business, approved
4/17
Certificate granted by Board authorizing olmmencement by,
of business of international and foreign banking
6/15
Permission granted Norunn P. Clement to serve as
director of,
4/17
Purchase of shares of, by First-Bridgeport National Ban),
Bridoeport, Conn.
4/17
Request from President of, that construction be placed
upon agreement of, with Board
6/22
Draft of reply approval
6/22
Suggestion of Board that name of First Federal Credit
Bank be changed to,
4/8
First National Bank, Athens, Alabama:
Reconsideration by Board of action approving application
of, to serve as trustee for Fulton Cotton Mills, and
granting of general trustee pagers
9/9
First National Bank, Denver, Colorado:
Directors of, permitted to become directors of International
Trust Co., also of Denver
4/2
First National Bank, Nashville, Tenn.
Letter from President Caldwell of, re FRBank discount
iates and general discount program of FRSystam
4/5
National
First
Bank, Newwan, Cal.
Failure of, reported by Comptroller
2/17
Liabilities of, to FRBank of an Francisco, with statement showing some covered with apparent margin of
21,000
2/3
First National Bank of Boston:
Recommendation from Vice-President Spencer of, for discontinuance of reports by RBanks to Board, showing
kind of commodity back of loann
4/28


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Federal Reserve Bank of St. Louis

491

395
se
361

565
390
546A
39
396
66°
56°

561

150
354

416

Page
First National Bank of Commerce, Texas:
Application for reduction in capital stock; memo. of
2/20
Comptroller recommending approval of,
Fairfield,
of
Idaho:
Bank
First National
6/29
Suspension of; advice re,
Pitcher,
Bank,
Oklahoma:
First National
Suspension of; letter from Gov. Miller of Kansas City
re, requesting advice re sale of bonds held by MBank,
1/20
to liquidate indebtedness
First National Bank, Waterloo, Iowa:
Application for fiduciary powers held, pending report of
5/19
next exnmination
First State Bank, Bay City, Texas:
5/15
Application of, for admission to System; referred
First State Bank, Copperas Cove, Texas:
Required to file new application for stock in MBank in
5/5
connection with application for membership
First State Bank, Idabel, Oklahoma:
Increase in capital necessary before eligible for member4/21
ship
First State Bank of Garfield, Garfield, Washington:
4/5
Application for admission to RSystem
First State Bank, Rice, Texas:
Application for membership referred back to Board of
3/9
Directors of MBank of Dallas for report
First State Bank, Robstown, Texas:
5/15
Application for admission to System; referred
Fiscal Agent:
Blank checks placed in custody of, to be written and
4/1
issued from his office
Foreign Banking Corporations:
F. R. Bank of New York authorized to wire Shanghai daily
silver quotations for use of certain, doing business
4/5
under agreement with FRBoard
of
examination
re
Recommendations of Ur. Paddock in
3/26
certain,
to
of
silver
dollars
shipment
Settlement covering first
Orient from the three corporations having agreement
3/24
with Board; notice re,
Foreign Banks:
Status of certain; letter from Alonzo Tweedale, Treasurer
1/28
of U. S. Shipping Board, requesting advice as to,
Advisory
Federal
Council:
Forgan, J. B., President
Article by, entitled "Prices and Banking Policy", read
before American Economic Association, forwarded Board;
1/2
ordered mimeographed and copies sent RBanks
recommendations
re
in
from,
Reply of Gov. Harding to letter
1/23
made by Council at last meeting


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Federal Reserve Bank of St. Louis

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575

71-72

468
463

432

401
344

254-55
463

329

341-42
308

296

112

5
92

LMVI

Page
Forms:
F. R. Bank of San Francisco:
For verification of loans and discounts in elrnmination
of certain member banks, approved
3/12
Forney State Bank, Forney, Texas:
Application for admission to System; referred
5/15
Franchise tax paid by RBanks; method of disposition by Govt.
of, sugoasted by RAgent Perrin , together with memo. by
Counsel
4/24
Frelinghuysen (Senator):
Board's views requested by, upon Senate Bill 4119 providing
for refunding of national debt
4/7
French-American Banking Corporation:
Amendment of agreement with Board in re capital & surplus1/12
Fulton Cotton Mills:
Reconsideration by Board of action approving application
of First National Bank of Athens, Alabama, to serve as
trustee for, and granting to bank general trustee
powers
2/2
Fulton Superior Court:
Restraining order of, issued to MBank of Atlanta in re
collection of checks; telegram from Bank re; reply
authorized by Board
1/15
Modification of above order; advice re, from
Counsel Randolph of MBank of Atlanta
1/17

261-61
465
405

569
43.

61
66

11G11

George, Harold L.
Salary for, approved at 32,500 per annum, as Secretary
to Comptroller of Currency
6/30
Georgia:
Revised banking laws for State sugsested by Country
Bankers' Association, submitted by RAgent McCord
6/30
Reply of Governor
6/30
Georgia Country Banks:
Injunction suit of, against FRBank of Atlanta re par
collections; notice that opinion has been rendered
in, dismissing bill of complaint
4/5
Georgia State Bureau of Markets:
Letter from Director of, re recommended preferential
rate an paper secured by receipts for goods stored in
special warehouses
1/2
Gerard, James W.,President,•Cinao Minas Co., N. Y. City:
Protest against shipment of silver dollars by Treasury to
Orient, claiming hardship on American companies
producing silver
1/9


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

664
661
561

4

Page
,German Billion Dollar Credit:
Copy of H. R. Bill 13090 providing for, forwarded by
3/29
Hon. James A. O'Gorman
German Gold:
Earinarked with Bank of England for account of FRBanks;
5/25
practice of FRBank of New York re sale of,
MBank
of
N.
Y.;
by
Corporation
Grain
Purchased from U. S.
statement by Gov. that corporation desires settlement 3/11
Proposed basis for settlement, submitted by FRBank
3/12
of New York
of
Treasury:
Secretary
Carter,
Glass, (Hon.)
Report of committee appointed to draft resolutions re
2/17
retirement from Board of,
Resolution adopted by Board upon retirement of, as
Secretary of Treasury and ex officio Chairman of
2/18
Board
•
Gold:
Argentine gold export movement for 1919-1920; report re,
and request for Board's views re RBank of New York
undertaking certain transactions involving shipment
3/2
of cold from London to New York
Deposits of, for capital and reserve, by State banks
1/21
entering System; telegram from FRAgent Heath
Earmarking of, for Directie der Javasche Bank, by
6/8
FRBank of New York
Imports and exports of the United States; figures of
Board's Statistical Division showing, for period
1/2
Jan. 1 - Dec. 20, 1919,ordered made public
Exports:
Embargo on, from the United States; propriety of Board
making statement in answer to suggestion re,dis3/2
cussed
Trust
Co.
Colony
Old
Letter from Philip Stockton of
of Boston giving reasons in re desirability of
2/19
placing embargo on,
on;
embargo
re
bankers
ive
Views of certain representat
2/20
letter from Hr. Xenzel stating,
to
3/9
N.
Y.
Strauss
las.
from
letter
Gold market, U. S. as;
House of Rep. Bill 13201 providing subsidy upon gold
production; request from Chairman of Banking and
4/12
Currency Committee as to Board's views re,
4/12
Reply of Gov. Harding
Gold Bonds:
Argentine25,000,000 five year 65 Treasury, due May 15,
1920, sold in N. Y. market by syndicate; request from
Deputy Gov. Case whether should be paid off at
2/28
maturity


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

316

482
260
269

178

185

224
76
528

4

230

191
197
249

367
367

221

Gold Coin:
Charges covering shipments from Denver Mint to U. S.
sub-treasury at San Francisco; form of letter calling
for reimbursement of Board by FRBanks
3/13
Gold Settlement Plan:
Proposed settlement between FRBanks as of same day; memo.
rson with draft of letter to Banks re;
of Mr.
effective at discretion of Governor
2/2
Goldenweiser, A. E., Asst. Statistician, F. R. Board:
Delegated to assist President of Coal Commission, for
temporary period
1/10
Designated to represent Board at informal conference to be
called by U. S. Bituminous Coal Commission
5/27
Goveriarent Checks:
Liability of aBanks in cashing, over their counters;
letter from Deputy Gov. of FRBank of Richmond re,
with reply of Gov. Harding
3/9
Governors, F. R. Banks:
Conference of,
See under"Conference of Governors, F. R. Banks"
Letter from Board to, containing comments on recommendations made by Govs. at conference with Board April
7-10
6/4
Letter from Board to, re discount rates
5/29
Graduated Fazess Charge:
Memo. of Counsel in re Gov. Miller's suggestion that Board
approve plan whereby FRBanks may impose, against member
banks applying for rediscounts in excess of capital
and surplus
1/12
Ordered docketed for Jan. 15th.
1/13
General Counsel to obtain opinion of Consulting
Counsel and report if similar action ever taken
by Board
1/15
Gravois Bank of St. Louis Co., Mo.
Application of, for admission to System; certain loans
as affecting,
3/30
Guaranty Trust Co. of New York:
Application of, to transfer to Banque Suisse, Zurich, sum
of 044,000 under instructions from C. O. Ovcharov,
Petrograd; advice re lifting of prohibition notice re,
by Division of Foreign Exchange
1/9
Inquiry from Yr. Williams as to whether reply had been
received from MBank of New York re statement of condition of, as of Dec. 31, 1919
2/3
Vice-Gov. reyorted no reply
2/4
Assistant Secletary reported no reply
2/5
Report forwarded by FRAgent Jay
2/6


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

211

3.31

36-0
490

505

66

14v,
3.0

Pace
Guaranty Trust Co. of New York: (continued)
Rediscounts for, reported by MBank of New York
Report of condition, as at close of business Dec. 31,
1919; memo. commenting upon,
Guardian Savings & Trust Co., Cleveland, Ohio:
Application of, to establish branch at Rocky River,
Ohio, approved

4/28

415

1/30

121

1/8

24

nips

Hamlin, C. S., Member, F. R. Board:
Appointment as member ad interim of Executive Committee,
4/5
pending appointment of Vice-Gov. of Board
t
contrac
re
Palmer
'4,
Bradley
with
nce
Statement re confere
ng
obtaini
s
companie
d
railroa
by
into
to be entered
4/7
Government aid.
R.
Board:
F.
Harding, W. P. G., Gov.,
Authorized to engage male stenographer qualified to act
as substitute secretary to members of Board, at
1/29
2,000 per annum
vault
d
propose
g
coverin
t
contrac
sign
Authorized to
construction tests, when advised by Counsel that same
2/3
is in proper form
,
Georgia
of
Upshaa
ntative
Represe
and
,
between
Conversation
2/2
of,
memo.
checks;
of
on
collecti
re par
Draft of reply to Senate Resolution 328 re rates on call
3/26
loans in commercial centers
of
FRBank
of
nces
accepta
a
sreaima
of
by,
tian
Exaxdna
New York, stating same constitute prime bills of
1/10
liquid nature
Pa.;
Invitation to address Bankers' Club of Pittsburgh,
1/28
matter of acceptance left to Governor
Invitation to address meting of American Cotton Asso.
2/2
at Montgom3ry, Alabama, in March
Act
to
nt
Letter to RAgent M2Cord re suggested amenime
4/24
re distribution of earnings of RBanks
ed
member
Copies of above letter ordered furnish
4/29
banks in Sixth District
to
bank
limited
Personal letter from, re establishment of
lending money for growing and marketing cotton and
other agricultural produats; desire of Gov. Dorsey
1/10
of Georgia to make public
practice
of
s
Reply to letter from N. J. Upham, re question
4/30
and policy of FRSystem
ing
request
Platt
Reply to letter from Representative
3/9
comments by Board on "'lc:Fadden Bill"


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

343

356

120

133
126
307

31
113-14
127
407
420

34
422
252

XC

Harding, W. P. G., Gov., F. H. Board: (continued)
Report re visit to F. R. Bank of New York, Feb. 27th.
2/28
Report re visit to Pittsburgh, and assurance given that
banks there would adopt, in future, par collectiaa
of checks
4/24
Statement re observations made upon recent visit to
FRBank of New York
2/6
Statement re purpose of Boston and New York to vary rates
on acceptances from time to time to determine rates
creating demand for acceptances
1/10
Statement re recent visit to New York in connection with
acceptance market
4/2
Harrison, George L., General Counsel:
Resignation submitted ana accepted
5/27
Hawaii:
National banks in; opinion of General Counsel re authority
of RBoard to grant fiduciary powers to, under
provisions of Section 11 (k)
2/6
Hearings, F. R. Board:
Complainants against MBank of Kansas City in re par
clearing cammiga, to be notified that Board will grant
them hearing but will not receive depositions
4/6
Granted to,
Committee of FRBank of Kansas City, on April 3rd., in
re bid for construction of new bank building
3/24
Hearing postponed until April 6th.
3/29
Nebraska bankers, April 28th. and 29th., on par
clearing question
3/24
Texas bankers; request for hearing to protest against
method of calculating reserves to become effective
Feb. 12th.
1/29
House Banking & Currency Committee:
Bill providing for abolition of sub-treasuries submitted
by Chairman of, for comment by Board
2/6
Board's proposed letter to, in re par collection system;
certain chansles in, suggested by Deputy Gov. Peple
of Richmend
3/24
House Representatives Bill No. 13090:
Copy of, providing for so-called Germn billion dollar
credit, forwarded by Hon. James A. O'Gorman
3/29
House Representatives Bill No. 13201:
Providing subsidy upon gold production; request from
Chairman of Banking & Currency Committee as to
Board's views re,
4/12
Reply of Governor
4/12
Houston, David F., Secretary of the Treasury:
6ee under "Secretary of the Treasury"


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Paige
Hoxton, W. W., Executive Secretary, F. R. Board:
Authorized to visit FRBank of Dallas for purpose of
2/19
investigating rumors of unsatisfactory conditions
Kansas
and
Authorized to visit FRBanks of St. Louis
5/10
City
Designated to act an behalf of Board in cooperation
3/6
with committee on revision of currency designs
rephouse
Instructed to attend conference of clearing
1/17
resentatives in Chicago on Jan. 23rd.
Memorandums of, re
2/17
Pension plan for employees of FRBanks
division
with
J.,
in
U.
Shaving number of non-par banks
5/11
by PRDistricts and States
in
law
State
York
New
by
Stringent regulations imposed
re establishment of branches of State banks, suggesting, in view of same, Board waive condition of
2/3
admission No. 2
schedule
time
District
Reserve
al
Submitting Inter-Feder
for approval, with letter for forwarding Governors
2/24
of FRBanks
Dept.,
of
Auditing
employees
for
Suggested increases
and of plan of compensation, submitted. by PRBank
6/22
of New York, recommending approval
banking
study
to
Orleans
New
and
To visit Atlanta
6/2
situations at these points
of
results
ascertain
to
City
Kansas
of
To visit MBank
5/10
adoption and application of graduated rate plan
discount
on
report
and
Richmond
of
FRBank
To visit
6/15
situation there
Co.,
Chicago:
Trust
&
Loan
LIerchants,
President
D.,
Hulbert, E.
Letter from Gov. to, re application of John ilitchell to
4/27
serve as director of three banks

191-92
442
244
65
177
446

132

198

561
514
443
543

410

nu

Immediate credit symbol used by banks in Fifth District,
refusal of certain New York banks to recognize; correspondence re, forwarded by Deputy Gov. Peple
Importation of Sugar from Cuba:
Acceptances drawn against; letter from Mercantile Bank
of the Americas re,
Opinion of Counsel that drafts referred to above,
are eligible for acceptance
Imports and Exports:
Gold and silver; Gov. authorized to make public figures
showing, for period Jan.1- Dec. 20, 1919


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1/24

100

2/9

156-57

2/9

157

1/2

4

page
Indiana National Bank, Indianapolis, Indiana:
Request from, that FRBank of Chicago accept drafts on
Indianapolis correspondent of Indiana bankers in
payment for remittances
2/26
Industrial Bank of New York City:
Application of, for admission to FRSystem
2/24
Insurance:
See also"Federal Reserve Bank Insurance"
Inter-District Collect ion System:
See"Par Collection of Checks"
Inter-Federal Reserve District Time Schedule:
Lem°. of :Ir. Hoxtan submitting for approval, with letter
for forwarding Gov ernors of FRBanks
2/24
Interest:
Governor authorized to submit for approval, letter to
RaBanks re interest charge on F. R. notes not covered
by gold certificates or gold coin deposited with
.ERAgent
6/10
Payment of, an reserve balances of member banks held by
reserve banks; letter from FRAgent Curtiss re,
1/2
Computations bearing an above, from Lir. Curtiss
1/28
Rates paid an deposits; compilation of infarmation showing practice in various sub-centers in each district
re, for use at conference of clearing house representatives at Chicago, approved
1/17
Interlocking Directorates:
Applications approved:
Abbott, George E.
5/11
Ailes, John W., to serve as director of Ilonongahela
National Bank of Pittsburgh, Pa., and two other
banks
3/20
Alexander, H. F.
1/28
Alford, S. A.
3/3
Andrews, Avery Delano
1/27
Avenali, E.
2/26
Ayer, Nathaniel F.
2/17
Bagley, Henry C.
4/27
Baltz, Arthur W.
3/20
Bandi, J. A.
3/17
Beals, David. T.
5/25
Berry, J. 11.
3/24
Bigelow, Charles A.
6/9
Bize, Louis A.
1/12
Bradley, P. W., reconsideration and approval of
application recommended; approved, pending final
decision after report from Ur. Perrin
2/17
Brady, Nicholas F.
5/28


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

215

go3

196

6g-6

66

441

286
0!
107

2,11
160
411
2,66
219
494

491

Page
Interlocking Directorates: (continued)
Applications approved:
5/5
Brocklehurst, Harry
2/3
Brawn, W. E.
6/9
Bull, Benjamin S.
4/13
Bullard, W. Irving
4/24
Burger, J. C.
4/24
Carter, S. L.
5/1
G.
L:alcolm
Chace,
1/14
Chalkley, H. G.
3/24
Chancellor, T. A.
3/29
Chapman., P. T.
1/22
Cheney, Orion H.
3/12
Chatham, H. A.
4/13
Clark, B. P.
4/28
Clark, O. II.
Clement, Norman P., President Citizens Commercial
Trust Co., Buffalo, N. Y., granted permission to
serve as director of First Federal Foreign BanKing
4/17
Association
4/21
Cosgrove, John O.
1/14
Courtney, G. A.
4/28
Oragin, J. A.
3/24
Orosbie, J. H.
5/25
Daly, Thomas
3/4
Dantzler, A. P.
5/28
Davis, E. A.
4/24
De Vilbiss, Thomas A.
3/9
Easterwood, *J. E.
4/6
Eberhard, Frederick N.
1/6
Eldridge, Edric
5/29
Endicott, H. Wendell
4/21
Finsthwait, Frank
2/26
Freudenthal,
5/14
Fullerton, William J.
1/6
Gamble, William
Gillespie, Robert E.
3/20
1/14
Gonser, John Ii.
Gordon, Henrzr J.
4/6
2/28
Grasselli, E. R.
Hatt, J. William
2/3
Hazzard, E. N.
1/14
Heisig, P. A,
6/24
Hillman, J. H.
6/16
Hitner, Joseph G.
5/5
roag, H. H.
1/14
2/4
Hughes, Frank :.:.
rulton, James, Sr.
5/5


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

433
136
533
377
406
406
428
50
297
317
86
269
376
417

393
401
50
417
298
484
237
496
406
256
354
16
504
401
210
456
16
256
49
354
221
135
50
568
549
433
50
140
433

Pg
Interlocking Directorates: (continued)
Applications approved:
Jackson, L. B.
Jagels, C. H. C.
Johnson, F. F.
Johnson, H. 1.1.
Knapp, S. Arthur
Kommer, William
Laughlin, P. E.
Lloyd, P. H.
Low, M. A.
Lucas, Cyrus B.
Lynd, Stoughton B., conditional approval
Lynd, Stoughton B.
EcCornack, J. K.
Ma=llan, James T., application to serve as director
of First & Old Detroit National Bank, Detroit
- Savings Bank, & Union Trust Co.,all of Detroit
Memo. of Mr. Wyatt re,
Letter from Representative Doren= re,
Application approved
MacNeill, Charles
Mack, E. :I.
Malone, E. R.
"Manning, P. J.
Marble, A. H.
Meade, J. F.
Moeling, W. G.
Moore, John M.
.Murchison, F. 1.1.


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Federal Reserve Bank of St. Louis

Peek, W. il.

2/17
2/19
5/11
3/17
1/14
5/5
5/6
1/8
2/3
5/28
2/11
4/6
6/29

1/16
1/20
1/26
3/20
4/21
3/3
3/9

2/4
6/15
1/14
6/29
6/2

5/1

Pittet, Felix C.
5A4
Powell, R. S.
5/14
Preston, Homer M.
4/26
Rex, John B. S.
5/5
Rhoads, Charles J., application approved, subject to
reversal in case of change in conditions
2/11
Roberts, Frank
1/14
Sahmidlapp, Carl J.
2/11
Shoup, Oliver H.
3/3
Solomon, Charles F.
3/9
Swift, Edward F.
5/14
Taylor, Greer M.
3/9
Terbell, Allen N.
2/19
Thaw, Benjamin
6/16
Thayer, Eugene V. R., application approved, subject to
revocation upon review of situation in New York
4/12
Thayer, John E., Jr.
4/15

160
169
466

276
51
435
436
135
491
161
354
511

61
71
VG
265
401
0
256
10

0
50
671
53

4P
466
456
409
4P
161
50,
1641
2P

266

456
266

189

549
30
30

XLV

Page
Interlocking Directorates: (continued)
Applications approved:
3/24
73. K.
Thurmond,,
6/8
Thurmond, I. C.
2/3
Timpson, James
6/24
•
Tyrell, W. C.
2/11
Waldorf, Michael W.
4/27
aately, J. P.
2/4
White, T;illard C.
2/17
Whitin, James E.
to
approved,subject
application
Wiggin, Albert H.,
cancellation upon review of situation in New York 3/3
Williams, George Weems, application approved, subject
4/24
to revocation
5/25
Wood, Kenneth F.
5/28
Wood, William Li.
Applications disapproved:.
2/3
Amick, E4
1
2/6
Blackmar, H. M.
2/11
Bradley, F. W..
6/29
Chandler, Harry
Clayton Act Committee authorized to review situation in
each F. R. District re, ana summon FRAgents to
4/12
Washington for consultation
Fifth-Third National Bank & Union Savings Bank & Trust
Co. of Cincinnati; memo. of Mr. Wyatt re applications
4/5
of common directors
Fifth-Third National Bank and Union Savings Bank & Trust
Co., of Cincinnati, Ohio; further information re
4/8
affiliation between,
in
directorships
joint
Board agrees to approve
4/8
above institutions upon applicatiaa
Co.,
Trust
Cleveland
Trust
&
Co.,
Guardian Savings &
directors of, serving at same tine as directors of
2/17
national banks; letter from liRAgent Wills
Fifthof
directors
common
other
and
A.,
Hinsch, Charles
Third National Bank & Union Savings Bank & Trust Co.
of Cincinnati; memo. of Mr. Wyatt re applications of, 4/5
International Trust Co. of Denver, Colorado; directors
of, permitted to become directors of First National
4/2
Bank, also of Denver
Kramer, A. A., application of, to serve as director of
1/16
three banks in Kansas City, Mo.; memo. of Mr. Wyatt
Application approved as to Columbia National Bank
1/20
& Union Avenue Bank of Comnerce
Mitchell, John; letter from Gov. to President Hulbert
of Merchants' Loan & Trust Co. of Chicago re
4/27
application of,


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

297
526
135
568
167
411
139-40
180
233
407
464
497
135
152
167
577

371

343

362-63
363

181

343

334
60
73

410

Interlocking Directorates: (continued)
New York situation re;
RAgent Jay requested to bring
data and statistics to Washington in connection with, 4/12
Permissions revoked:
Alexander, H. J., to serve as director of First
National Bank and International Trust Co., of
Denver, Colorado
2/9
Thatcher, R. O., to serve as director of First National
Bank & International Trust Co., of Denver, Colo.
2/9
Twelfth F. R. District:
Investigation, continuing of; letter from FRAgent
Perrin
1/28
Mr. Perrin instructed to make investigation re,
and. report
1/13
Policy re review of; telegram from RAgent Perrin
1/9
Suggestion from alAgent Perrin for sweeping cancellation of,
1/2
International Banking Corporat ion:
Branches:
Barahona, Dominican Republic; notice of opening on
April 12th.
4/24
London; advisability of examiner Norris examining
this branch while engaged in foreign examinations;
Board's views requested re,
4/7
International Banking Corporation of New York:
Rynmination of; memo. of Er. Paddock re,
3/26
Request from Vice-President of, th,.t Board authorize
inclusion of documentary acceptances by commercial
houses for financing imports as liqu.id assets for
reserves against acceptances
3/2
Reply of Gov. Harding
3/2
Letter from Gov. Harding to Mr. Kenzel requesting
recommendation in premises
3/2
International High Commission:
Offer from Secretary General of U. S. Section of, for
turning over to Board certain statistical matter on
international investment securities, suggesting publishing in Bulletin
6/8
International Shoe Corporation of St. Louis:
Copy of form letter used by, in returning checks to
customers drawn on banks not on par list
4/2
International Trust Co., of Denver, Colorad
o:
Directors of, permitted to become directors of First
National Bank of Denver
4/2
Irving National Bank:
Cancelling of ir3.ft by, drawn by Bondernes Bank of
Christiania to order of Santeri Nuortava, approved
5/25


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Federal Reserve Bank of St. Louis

nip

Page
Jacobson, Morris L., Statistician:
Memorandums of, re
4/27
Disposal of old tabulation cards
war
S.
of
U.
holdings
classified
Statements showing
obligations and war paper of reporting member banks,
3/31
recommending same be discontinued
1/6
analyzing
FRBankx,
of
War paper holdings
Japanese Financial Situation:
4/24
Report on, submitted by FRAgent Perrin

410

325
13
407

IIKII

Kansas City Livestock Association:
Financial situation as affecting livestock industry;
letters re,
Kansas City Live stock Exchange:
Protest from, to Secretary Glass, against increase in
discount rates, claiming discrimination against
livestock and cattle interests
Above communication referred to Gov. for report
Review of situation of cattle growers, suggesting
relief through lower discount rates, from President
of Exchange
Kansas Reserve State Bank, Topeka, Kansas:
Notice of intention to withdraw from System; memo. of
Mr. Imlay with letter from RAgent at Kansas City
advising of,
Kies, W. J., of Aldred & Co., New York City:
Memo. suggesting partial tax exemption on securities
issued by corporations organized under Edge Bill

5/5

431

1/6
1/10

12-13
33

4/21

399

1/23

93

1/29

118

ULU

Lavatory:
Installation of, in Room 396, approved, at estimated
1/2
expenditure of ,S1.54.50
Law Committee:
Report of, recommending adoption of general condition to
be imposed upon membership in System of State banks
2/19
possessing extraordinary powers
of
Bank
Chicago:
F.
of
H.
Leased Wire Committee
Recommendation of, that FRBoard act as custodian of
copies of code books to be formulated by sub-committee
2/17
on codes
2/17
approved
Harding,
Gov.
of
Reply


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2

188

179
179

page
Leased Wire System;
Allocation of expense in operation of; letter from
Chicago re, and memo. thereon, by Counsel
5/11
Cutting of present New York-Chicago duplex wire and
relaying all business in Washington office,authori
zed 3/11
Increase by lo0 in rental charged RRSystem for,
by
American Telephone & Telegraph Co.; advice from
Gov. McDougal
3/9
Installation of additional telegraphic circuit
between
Washington, Philadelphia, and New York office,
approved
2/20
Plan for handling expenses in operation of main lines;
letter from Gov. Harding to Gov. McDougal
5/12
Renewal of contract for; statement by Ex. Harrison
of
interview with General Counsel of Agerican Telephone
& Telegraph Co. in re,
3/24
Telegraph operators;
Board's six, placed an eight hour basis and salari
es
increased to ',1165 per aronth
3/11
Brnnuon, W. J., appointment, vice G. H. Wyly
2/3
Clark, W. C., appointed operator in accordance with
authority granted Eardh,11th.
4/2
Dunn, A. W., appointrant
2/24
Employment of additional operator, approved
4/28
EM-ployment of additional operator in Washington office,
approved
2/20
Employment of two additional operators in Washington
office, at 0.50 per month, authorized
3/11
Pool, W. S., appointed operator in accordance with
authority granted March 11th.
Tanner, J. E., employment from 6 to 8 o'clock each
evening at30 per month
2/25
Telegraph service furnished Board at old rates;
Gov.
authorized to sign contracts for Board
4/30
Lee, Higginson & Co.
Statement of financial condition filed by, with RBank
of
New York, to qualify acceptances as eligible for
purchase in open market; advice re,
1/22
Board votes report be made upon nature and form of
information given by all such firms,stating
whether oral or in writing
1/24
Leffingwell, R. C., Assistant Secretary of Treasu
ry:
Letters from, re
Differences in fiscal agency account of RBank of
Cleveland
6/22
Policy of Treasury Dept. in communicating instructions
to branches.of F. R. Banks
4/9


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Leffingwell, R. 0., Assistant Secretary of Treasury: (continued)
L:ero. of, suggesting RBanks gather in, and hold,silver
4/7
certificates
4/7
Board's telegram to FR3anks re,
discount
Present at meeting of Board on Jan. 21st., when
rates for Boston, New York and Phila.,were considered 1/21
Request from, that Board appoint vault clerk at Bureau
of Engraving & Printing,' as custodian of Federal
2/7
Reserve notes
Liabilities:
P. R. Bank of New York; publication of contingent
liability of, in connection with bills purchased for
3/23
Bank of Japan; mero. of 1.."1r. Emerson re,
liabilities
California;
Newman,
Bank,
First National
of, to FRBank of Sun Francisco, with statement show2/3
ing same covered with apparent margin of ;g1,000
method
modify
to
requested
permission
deposit;
and
Note
of making public figures showing percentages held by
2/27
FRBank of New York against,
Liberty Bonds:
Senate Bill 3680 to provide for purchase and redemption
of, in denominations of ,)50 and !:)100; memo. of Counsel
2/2
advising of,
Subscribers to, living in Cleveland; practice of MBank
of Cleveland of forwarding bonds to, by registered
4/30
mail
Liberty National Bank, Now York City:
Permission requested by, to accept for purpose of
2/27
creating dollar exchange in Brazil; denied
Permission to accept, for purpose of creating dollar
exchange in Brazil and certain other foreign
5/29
countries, granted
Lincoln Trust Co., New York City:
Application for authority to accept up to 100;;; action
deferred until capital is increased and time afforded
1/30
to determine policy and development of bank
Co.,
Luling,
Trust
Texas:
Lipscomb Bank &
Requirement imposed upon, as condition of membership,
5/25
waived
Liquidation which has taken place in Second District;
statement bearing upon, submitted by Acting Governor
2/25
Case of New York
Livestock & Agricultural Interests:
Newspaper interview by Gov. Eiller of Kansas City re
6/10
fostering of,
Interests:
Cattle
&
Livestock
Discrimination against; protest to Secretary Glass from
Kansas City Live Stock Exchange claiming,in increased
1/6
discount rates
1/10

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Livestock Industry:
Financial situation as affecting; communications from
Kansas City Livestock Association re,
Livestock Situation in the United States:
Review of, by Union Stock Yard and Transit Co. of
Chicago, in letter
Loans:
Morris Bank, Nashville, Tenn.; complaint from, of policy
of lending an collateral of Liberty bonds and Victory
notes on basis of purchase price, rather than par
value, thereof
Reply of Governor to above, approved Reduction in, during past three weeks, of member banks
with the RBank of Philadelphia; letter from Gov.
Norris
Refusal of, to employers of union labor, by banks in
Tulsa, Oklahoma; complaint from Oklahoma State
Federation of Labor to Senator Owen re,
Lynch, John A., complaints of, re certain activities of
FRBank of Chicago; letter from Gov. McDougal

5/5

6/9

2/6
2/6

5/19

5/27

Hut


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Federal Reserve Bank of St. Louis

08
3.48

469

2/26

McDermott, A. MI., resignation as confidential clerk to
Chairman of Board
2/6
McFadden and Stegall Bills:
Governor to sand ERAgents memo. embodying terms of letter
to be sent Chairman of Banking & Currency Committee
of House re pending,
3/16
McFadden Bill:
Reply of Gov. Harding to letter from Representative Platt
requesting comments of Board an,
3/9
McLean, Angus W.
Acceptance of appointrent as member of Railway Loan
Advisory Committee
5/28
McLean,(Senator) G. P.
Request from, for views of Governor and Board re effect
of Senator Owen's Bill 3770 for amending ERAct re
interest rates charged by member banks
1/23

Mahoney, Thomas F., letter from, to Senator Walsh, alleging
purchase price of site for Helena Branch unduly high
Mail Transfers:
Purchase of, by RBank of Dallas, an New York and other
eastern cities; statement of certain bankers in
Eleventh District re, reauesting same be not discontinued

431

3/4

3/25

469

3.6$

316

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Page
Marine Trust Co., of Buffalo, New York:
Condition of membership that Board must approve all
2/3
additional branches established by, removed
Jersey:
New
Princeton,
of
Co.,
Matthews Constructiaa
Estimate of, for erection of vault testing structure,
1/22
accepted
Meat Packing Houses:
Bills drawn by certain; attention of FR,Banks to be
3/9
called to,
Meetings of F. R. Board:
To be held on Tuesday, Wednesday and Thursday of each
6/3
week after June 8th., until further notice
Mellon National Bank of Pittsburgh, Pa.
Last report of examination, with analysis showing loans
5/19
to officers and directors, submitted by Jomptreller
Member Banks:
Average monthly number of, havins deficient reserves;
table shooing, submitted by Mr. Smead, with amount
of penalties and rate charged, ordered furnished
3/2
monthly
of
16
Charges imposed by, on customers under Section
FRAct; letter from Board to Banks approving, on
basis of interest at ei;; per annum far time of item
4
/2
2
in transit
Exgrli nati on3
Opinion of Board that under power of bRBanks to make,
they possess right to verify loan accounts of
3/12
such banks
of
cost
ERBanks
by
absorption
in
Policy to be pursued.
of; memo. of Mr. Paddock in re request of RAgent
2/3
Perrin for information re,
capital
of
10,7;
of
ezz.ess
in
drafts
accept
to
of,
Right
and surplus when secured by wood or wood pulp in
2/26
Canada; letter from E. R. Eenzel re,
2/26
Reply of Governor to above
Statement Shooing, whose borrowings from PRBanks were in
e.&-cess of capital and surplus, Jan. 31, 1920; attention
called to, and statement ordered furnished weekly,
3/18
including item re reserves
Member Banks in Federal Reserve Cities:
Holdings by, of paper secured by Liberty bonds, Vict'ory
notes, and U. J. certificates of indebtedness;
Statistical Dept, ordered to furnish weekly statement
3/8
showing,
Member Banks of F. R. Bank of Cleveland:
Deficiencies in reserves; advice re number of banks assessed penalties for, to from six to fifteen consecu1/15
tive months, requesting increase in penalty rates
1/15
Reply of Gov. ordered sent Govs. of all RBanks

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Members of F. R. Board:
Circulating of correspondence of, in executive folder;
attention called by nr. Miller to neglect of,
6/1
Membership in F. R. System:
Bank of Hasbrouck Heights, Hasbrouck Heights, N. J.;
application for admission approved, subject to
filing of corrected application
2/4
British North American Bank, of an Francisco; eligibility
for membership of, in view of control by Bank of
Montreal; inluiry from San Francisco
6/15
Citizens Bank of Fort Valley, Georgia, application
disapproved
4/24
City Trust Co., of Newark, N. J.; memo. of Counsel in
re conditions of membership
2/17
Code to be used in advising FRAgents of conditions imposed upon membership of State institutions
2/2
Dunklin County Bank of Maiden, Mo., eligibility for
membership; use of 1910 census far estimating
population of Malden in determining,
1/14
Farmers Banking & Trust Co., Tarboro, N. C.; application
for membership, referred
2/17
Farmers State Bank, Shiro, Texas; application for
membership, referred
5/15
Fifth F. R. District:
Policy to be pursued in admitting to membership small
State institutions in; communication from FRAgent
Hardy re,
2/19
First State Bank, Bay City, Texas; application of,
referred
5/15
First State Bank, Copperas Cove, Texas, required to file
new application for stock in MBank in connection
with application for membership
5/5
First State Bank of Garfield, Garfield, 7/ashington,
application of, for membership; referred
4/5
First State Bank of Idabel, Oklahoma; increase in
capital necessary before eligible for membership
4/21
First State Bank, Rice, Texas; application for membership
referred back to Board of Directors of FRBank of
Dallas, for resort
3/9
First State Bank, Robstown, Texas; application of, ref. 5/15
Forney State Bank, Forney, Texas; application of, ref. 5/15
Gravois Bank of St. Louis Co., no.; effect of certain
loans of, on application for membership
3/30
Industrial Bank of New York City, application far admission to System
2/24
Letter from Mr. Moehlenpah to BRAgents asking views re
best method for securing membership of eligible nonmember banks
1/10


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Membership in P. R. System: (continued)
Letter of appreciation to Superintendent of Banks of
Michigan in re his cooperation in increasing,
2/11
suggested by FRAgent Heath
2/11
Gov. authorized to transmit appropriate letter
Lipscomb Bank & Trust Co., Luling, Texas; requirement
5/25
imposed upon, as condition of membership, waived
Merchants State Bank, Port Arthur, Telms; condition of
6/29
membership waived
Mississippi State banks; letter to St. Louis re recent
legislation by State of Mississippi providing for
5/19
depositors' guarantee fund upon eligibility of,
Southern Exchange Bank, Doublin, Ga., application for
membership disapproved owing to insufficiency of
1/12
capital
State bank memberships; telegram from Board to FRBanks
re increasing, explaining Mr. Loehleapah's letter of
2/28
February 27th.
Montana,
change
in
State Bank of Plentywood, Plentywood,
condition of membership, making effective date of
charge off, collection, or renewal of criticized
3/6
loans, April 1, 1920
telegram
System;
from
FRAgent
State banks entering
Heath re deposits of gold by, far capital and reserve 1/21
Statej)anks in :...:ontana applying far; change in condi4/12
tion re accumulation of surplus, suggested
4/13
Above approved
State banks possessing extraordinary powers; report of
Law Committee recommending adoption of general condition
2/19
to be imposed upon membership of,
Suspensions:
6/29
First National Bank of Fairfield, Idaho
Texas;
application
Galveston,
Texas Bank & Trust Co.,
approved, subject to certain change in condition of
2/4
admission
Texas Bank & Trust Co., Galveston, Texas, conditions of
2/17
membership imposed upon; memo. of Counsel re,
Galveston,
Texas;
expedition
in
&
Trust
Co.,
Texas Bank
matter of application requested; Board favorably
1/13
inclined, subject to certain conditions
Texas Bank & Trust Co., Galveston, Texas; letter with
further reference to conditions of membership of,
together with form of advice prepared by General
3/19
Counsel
Texas Bank & Trust Co., Galveston, Texas; memo. of
Counsel submitting application for membership;
1/22
approved as recommended


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rage
Membership in F. R. System: (continued)
Withdrawals:
Kansas Reserve State Bank, Topeka, Kansas; memo. of
Mr. Imlay and letter from &Agent Ramsay advising
of notice of intention to withdraw from System
1/23
State Bank & Trust Co. of Harrodsburg, Ky., resolution
authorizing withdrawal
2/2
State Bank of Trumansburg, New York; notice of
withdrawal
3/26
State Savings Bank, Caro, Michigan; notice of intention
to withdraw from System
1/23
Mercantile Bank of the Americas:
Advice from, of increase in capital stock from ,$5,000,000
to $10,000,000
1/22
Advice from, of opening of branch of Banco Mercantil
Amricano del Peru, Lima, at Pirua, May 15th.
5/19
Letter from, re acceptances drawn against importation of
sugar from Cuba
2/9
Opinion of Counsel that drafts referred to above
are eligible for acceptance
2/9
Modification of Board's ruling requested by, to permit
carrying of reserve of 31; against acceptances due
after thirty days
2/18
Merchants Laclede National Bank, St. Louis, Mo.
Reply to letter from, in re eligibility of D. R. Francis,
Jr., to serve as director of bank under provisions of
Clayton Act; referred
3/17
Recommendation of Law Committee for disapproval
of application
3/18
Merchants National Bank, Los Angeles, Cal.
Application of, for power to accept up to 10U;L of capital
and surplus; action deferred
2/13
Merchants National Bank of New York City:
Authority granted, to accept up to 10(Yi when converted
into Merchants Bank of the City of New York
2/27
Merchants State Bank, Port Arthur, Texas:
Condition of membership waived
6/29
Milford National Bank, Milford, Mass.
Reduction in capita/ stock to $125,000
2/5
Miller, Adolph C., Member of F. R. Board.:
Appointment of, as regular member of :ilecutive Committee
for 4.uarter ending June 30, 1920
4/5
Notice that he intends to make motion at next meeting of
Board for fixing of rate of ect, an paper secured by
Treasury certificates at all ERBanks
2/2
Statement by, re discount rates an paper secured by
certificates of indebtedness
6/9
Vacation; statement re,
6/3


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Minutes, F. R. Board:
Method of recording in, permissions to FRBanks allowing
reserves against deposit liabilities to fall below
minimum prescribed by law; Counsel instructed to
3/12
inform Board re,
Mississippi:
See"State of Llississippi“
Moebleapah, H. A., Member, F. R. Board:
4/6
Appointed member of Bulletin Committee
Appointed member of Executive Committee to serve from
1/2
Jan. 2 to April 1, 1920
Expiration of term of office on Executive Committee,
4/5
April 1st.
Invitation from group one of Wisconsin Bankers' Asso.
to attend annual meeting at Chippewa Falls, Wisconsin 1/21
Letter from, to FRAgents, asking views re best method
for securing membership of eligible non-member banks 1/10
Memorandums of,
Control of issue of F. R. notes, giving views as to
3/4
method
of
letter
Board's
to
replies
Submitting synopsis of
Jan. 12th. in re use of FRSystem by eligible non2/11
member banks
of
par3hecks
route
to
advised
be
Suggesting FRBanks
ring non-member banks direct for collection, and
4/30
not forward to national banks
Governors'
by
made
Suggested reply to recommendations
6/1
conference held April 7 - 10 submitted by,
1920:
28,
2
Money Pool in New York, Jan.
Analysis and comparison of borrowings and deposits of
sixty-three banks participating in, submitted by
2/3
Deputy Gov. Case
Nashville,
Tenn.
Bank,
Morris
Complaint from, re policy of lending on collateral of
Liberty bonds & Victory notes on basis of purchase
2/6
price, rather than par value, thereof
2/6
Reply of Governor to above

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uNit
National Archives Building:
Accumulated papers of Board requested by Secretary of
Treasury for submission to Congress in support of
3/25
appropriation for; statement of Board re,
of
Officers
Accounting
Chicago:
&
of
Comrtrollers
Asso.
National
Letter from, asking adoption of regulation re rediscount
by :Wanks of municipal notes, warrants, etc., issued
6/23
in anticipation of collection of taxes


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Federal Reserve Bank of St. Louis

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National Bank Examiners:
(See also "Examiners: National Bank)
Practice of, in passing as eligible paper, notes secured
by warehouse receipts covering automobiles; memo. of
Counsel re,
1/7
Comptroller to call attention of examiners to
Board's ruling re above
1/7
National Bank of Commerce, New York:
Request as to whether national bank may accept draft
drawn by French Finance Corporation and secured by
bill of lading, warehouse receipts, etc.,for renewal 2/6
Opinion of Counsel that drafts drawn to carry goods
for indefinite period not eligible
.2/9
National Bank of Commerce, Shawnee, Oklahoma:
Application for fiduciary powers, held
5/13
National Bank Redemption Agency:
Staff of,
Bailey, TJarion Alta, resignation as c
- lerk-counter
2/25
Caruthers, (Mrs.) E. R., resignation as clerk-counter 2/18
Currency counters; employment of thirty additional,
at 41,040 per annum, approved
1/23
Currency-counters; employment of twenty-five additional, at $1,040 each, per annum
2/11
Currency counters; services of the 150 temporary, to
be discontinued after April 25th.
3/31
Doyle, Mary A., resignation as clerk-counter
2/6
Elsea, Lucy K., resignation as clerk-counter
2/6
Estes, Nancy J., resignation as clerk-counter
2/11
Evans, Althea, resignation as clerk-counter
2/11
Gaylord, Mary O., resignation as clerk-counter
2/5
Mouser, Alberta B., resignation as clerk-counter
2/20
Hulvey, Sallie, resignation as clerk-counter
2/24
Nuber, Janet B., resignation as clerk-counter
1/27
O'Leary, Mary V., resignation as clerk-counter
2/19
Oswell, Charlotte Ann, name dropped from roll awing
to absence since Dec. 23, 1919
2/4
pfleeger, Elsie P., resignation as clerk-counter
2/6
National Banks:
Capital stock; reduction of, while at same time borrowing from ERBanks and. city correspondents; Board's
views requested re,
4/5
National Banks in Hawaii:
Authority of RBoard to grant fiduciary powers to,under
provisions of Section 11(k); opinion of Counsel
2/6
National City Bank of New York:
Application to credit Dr. A. Rosenthal with eA1,000,
account of J. V. Shakeshaft, Petrograd; prohibition
notice re, lifted
1/9


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Federal Reserve Bank of St. Louis

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Page
National City Bank of New York: (continued)
Application to transfer to De Danske Landmandsbank,
Copenhagen, sum of 48,000 for account of Radau & Co.
1/9
Petrograd; prohibition notice re, lifted
Branches and Sub-Branches:
Antwerp, Belgium; notice of opening of branch in,
1/28
Jan. 21st.
branch
of
Cape Town, South Africa; notice of opening
1/30
in, Jan. 15th.
in,
branch
London, England; permission to establish
2/2
granted
sub-branch
establish
London, England; permission to
6/8
in, granted
in,
of
branch
opening
Madrid, Spain; advice re
4/8
April 5th.
National Debt:
Senate Bill 4119 providing for refunding of; Board's
4/7
views re, requested by Senator Frelinghuysen
National Livestock Association:
Invitation from President of, asking that member of
Board address Convention of Livestock: 11.cin in Chicago,
June 19th.; declined, but Board to send statement of
6/3
views
Nebraska Bankers:
April 28th. and 29th. set aside by Board for purpose of
3/24
hearing, on par clearing question
Nebraska Congressional Delegation:
Notice to, of expected conference between Gov. Miller
and Board, in Washington, Feb. 24th., re charges of
Nebraska bankers against par point campaign of Kansas
2/19
City
&
Trade
Commerce:
of
Nebraska Department
Complaint from Secretary of, to FRBank of Kansas City,
in re mthod employed in collecting items of non2/2
member banks not clearing at par
New Jersey Banking Institutions:
Survey of, by State Bank Commissioner, with view to in3/25
creasing capital; letter from Acting Gov. Case
New York Clearing House Association:
1/10
Board's vie= requested by, re rates an bank balances
4/5
Statement of, as at close of business April 2nd.
New York Daylight Saving Law:
Effect on inter-FRBank transactions; memo. of Mr.
3/24
Emerson re,
Board no objection to FRBank of New York observing,
if necessary employees remain until close of inter3/24
FRBank transactions
Co.
Lock
&
Safe
York
New
Bid of, accepted, to install vault in new bank building
1/30
of MBank of Philadelphia

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New York World:
Article in, criticizing disparity between discount rates
prevailing at southern and northern F. R. Banks
2/2
Gov. authorized to make suitable response to
criticism
2/2
Newspaper Article an Bank Credit:
SeenDallas Morning News"
-Interest
Bearing Deposits of Member Banks:
Non
Amendment to FRAct to provide for guarantee by FRBanks
of, suggested by President Waggoner of Security
National Bank of Dallas
1/26
Reply of Mr. Moehlenpah
1/29
Non-Member Banks:
Remitting at par; propriety of a MBank furnishing
currency to, without cost; letter re, from RAgent
at Dallas
3/25
Use of F. R. System by eligible; memo. of 1:r. "Moehlenpah
submitting synopsis of replies to Board's letter of
Jan. 12th. in re,
2/11
Non-Par Banks in the United States:
Memo. of Mr. Hoxton showing number of, and division by
F. R. Districts and States
5/11
Norris, (Senator) George W.
Letter from, re FEBanks resorting to aoercoin in connection with par collections
1/20

3.29
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304

448

9011

Offices, F. R. Board, to be closed at 1 P. M. an all Saturdays
during period June 15 - Sept. 15, 1920
6/10
Official Organ, F. R. Board:
Statement in Chicago newspaper referring to private
publication as; agreed that, hereafter, statement
appear in conspicuous place in Bulletin that it is
only official organ of Board
2/11
O'Gorman, (Han.) James A.
Letter from, enclosing copy of H. R. Bill 13090 providing
for German billion dollar credit
3/29
Oklahoma State Federation of Labor:
Complaint from, to Senator Owen, that banks in Tulsa
had resolved to refuse loans to employers of union
labor
2/26
Old Colony Life Insurance Co.
Rights of FRBank of Chicago under party wall agreement
with; letter from Chicago re, referred
3/25
3/29
Open market purchase of bills by FRBank of New York;
minimum rate of 6,;(t, approved an,
2/6


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Organization Chart, F. R. Board:
Draft of, containing suggested modifications affecting
4/12
Board's staff (see auxiliary minute book,of date)
Overdrafts:
f certificates of indebted;
Issue of Treasury one-day Z:
3/18
ness to FRBanks by U. S. Treasurer to cover,
3/13
Method for handling expected U. S., on F. R. Banks
Report re issue of Treasury one-day k; certificates of
indebtedness to RBanks by U. S. Treasurer to cover, 3/19
Telegram from Asst. Secretary Leffingwell to FRAgent at
San Francisco in re probable overdraft of Treasurer's
4/2
account, of date
Owen, (Senator) R. L.
Reply of, to letter from Gov. Harding under date of
5/19
May 12th.
re
in
Senate Bill 3770 introduced by, to amend FRAct
matter of interest rates charged by member banks;
1/23
memo. of Counsel re,
of
views
Letter from Senator McLean requesting
1/23
Gov. and Board re effect of above bill
Oyster, (Capt.) James F.
Eligibility of, to serve as Class "Bft director of
MBank of Richmandwhile member of D. C. Rent
1/22
Commission; memo. of Counsel re,
Above matter referred to Law Committee to prepare
draft of regulation in accordance with suggestion
1/24
of Mr. Hamlin
Member of Rent Commission not considered by Board
1/26
as within intention of circular #21

Packing Houses
Five leading meat, of United States; draft of letter to
Governors of FRBankz requesting schedule of acceptances
3/23
held by RBanks of each of,
3/25
Letter approved
Holdings by FRBanks of acceptances and other paper in
which largest, are interested; report from FRBanks
3/20
to be requested re,
Examination:
&
Operations
Div.,
Chief,
W.,
W.
Paddock,
Recommendations of, re examination of certain foreign
3/26
banking corporations
Statement by, of observation made upon recent visits to
3/2
FRBanks of Chicago, Minneapolis and. Kansas City


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

367

280
271
283

335

471

91-92
92

88

99
106

292
305

287

308
231

CX

Page
Paper:
Automobile; ruling by FRBank of Kansas City that undesirable for rediscounting, being non-essential
industry; statement by committee representing local
automobile industry re,
4/27
Statement by Gov. Harding to committee, outlining
Board's position
4/27
Carried by FRBank of Chicago for FRBank of New York;
Board requested to arrange that other FRBanks take
over :)20,000,000 of,
3/12
Discount rate of 5,;; to be continued on, secured by U. S.
certificates of indebtedness bearing interest rate
lower than 5;;; notice to RBanks
4/17
Discount rate of 5:5; approved an, secured by 515; U. S.
certificates of indebtedness, for all FRBanks
4/17
Endorsement of,
Ruling of Board requested by Kansas City re policy to
be pursued re paper not bearing endorsement of nonmember bank but for which a non-member bank is
principal
3/9
Practice of national bank examiners in passing as eligible,
notes secured by warehouse receipts covering automobiles;
memo. of Counsel re,
1/7
Comptroller to call attention of examiners to
Board's ruling re,
1/7
Preferential rate on, secured by receipts for goods stored
in special warehouses; letter from Director of Ga.
State Bureau of 'Markets re,
1/2
Right of Board to approve preferential rate on, secured
by receipts issued by bonded warehouses; opinion of
Counsel re,
2/17
Wax paper holdings of F. R. Banks; memo. of Mr.Jacobson
analyzing,
1/6
Weekly statement of holdings by member banks in F. R.
cities of, secured by Liberty bonds, Victory notes,
and U. S. certificates of indebtedness, ordered furnished by Statistical Dept.
3/8
Par Collections:
Banks not remitting at par; suggestion from FRAgent
Jay that Board publish list of, instead of those
remitting at par
4/12
Gov. authorized to procure from RBanks lists of
banks not remitting at par, and report
4/12
Adoption in future of par collection of checks by banks
in Pittsburgh; assurance given Gov. Harding re,
4/24
Changes suggested by Deputy Gov. Peple in proposed
letter from Board to House Banking & Currency Committee
in re system of,
3/24


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

411412
266

394
394

255

21
4

179
13

249
569
369
405

299

CY,I

Par Collections: (continued)
Conversation of Gov. Harding with Representative Upshaw
2/2
of Georgia re par collection of checks; memo. of,
Extent Board may count upon cooperation of Clearing
House Associations in securing nation wide, by differentiation in exchange charges against items of banks
not on par list; comnunication from Board to FRBanks
1/30
re,
Failure of Clearing House Association of Atlanta to make
effective proposed plan for differentiation in
exchange charges against items of banks not an par
1/30
list; report re,
F. B. Banks to be advised to route checks of parring
non-member banks direct for collection, and not forward
4/30
to national banks
MBank
banks
against
country
Injunction suit of Georgia
of Atlanta in re; advice that opinion had been render4/5
ed dismissing bill of complaint
form
•
copy
of
Louis;
Corporation
of
St.
International Shoe
customers
drawn
checks
to
returning
by,
in
used
letter
4/2
on banks not on par list
for
dis6th.
Feb..
Orleans
an
held
in
New
Meeting to be
cussion of Board's plan re; notice from Gov.
2/5
Van Zandt of Dallas
2/5
approved
Zamdt
to
Reply
Gov. Van
2/5
Branch
re,
of
New
Orleans
Manager
Telegram to
Method employed by MBank of Kansas City in collecting
items of non-member banks not clearing at pax;
complaint from Nebraska Dept. of Trade & Commerce re, 2/2
Protest from group of State banks against Atlanta's
methods In re, and press statement issued by Atlanta;
2/7
teleaTam from RAgent McCord re,
Resolution of Representative Andrews proposing investigation of claims of non-member banks in Nebraska
against methods employed by Kansas City in collecting
2/2
items an non-member banks not remitting at pax
Senate resolution requesting information as to whether
Board or PRBanks had resorted to aoercian in connection with; also letter from Senator Norris in
1/20
re same
Draft of reply to President of Senate in re above 1/27
Par List:
Placing of banks in disconsin on, in Seventh District,
1/26
effective March 1st.; advice from Chicago re,
Par Point Carpaign:
Allegations of coercion in connection with; letter from
Representative Robison of Kentucky requesting expres4/12
sion by Board in response to,
4/12
Reply of Governor


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

126

123

122-23

424

339-40

334

145
145
145

126

154

127

72
110

104

369-70
370

CXII

Page
Par Point Campaign.: (continued)
F. R. Bank of Kansas City:
Complainants against Bank in connection with, to be
notified Board will grant hearings but will not
receive depositions
4/'6
Conference requested by Board with FRAgent Ramsey &
Transit Manager of Omaha Branch in re charges of
Nebraska delegation against,
2/18
Nebraska bankers granted hearing by Board an April
28th. and 29th.
3/24
Nebraska delegation notified that Gov. Miller would
be in Washington Feb. 24th. for conference with
Board in re charges of Nebraska bnnl:ers
2/19
Further action an part of RBanks to increase number of
banks remitting at par, suggested by Mr. Emerson
2/17
Furtherance of, in Ninth and Twelfth Districts; memo.
of Mr. Emerson suggesting action in re,
2/24
Restraining order of Fulton Superior Court issued to
FRBank of Atlanta in re collection of checks; telegram
from Bank re; reply authorized by Board
1/15
Modification of above order; advice re, from
Counsel Randolph of RBank of Atlanta
1/17
State bank membership committee of Board to be instructed
to discontinue activities in re, to prevent misconstruction of attitude og Board
2/24
Park-Union Foreign Banking Corporation:
Amendment to agreement with RBoard so that aggregate of
acceptances outstanding, plus total deposits, not
1/28
exceed twelve times subscribed capital and surplus
Passmore, (Gov.) E. P., F. R. Bank of Philadelphia:
1/22
Notice of intended resignation
peiffer, Louise E., resignation as stenographer in Comptroller's
office, effective Jan. 31st.
2/11
Pension Plan for F. R. Bank Employees:
Memo. of Mx. Hoxton in re,
2/17
Memo. of Mr. Hoxton in re, outlined in letter from
Mr. Kenzel
2/20
Report by Mr. Hoxton on,
3/9
Perrin, John, F. R. Agent, San Francisco:
Vacation approved for, during months of February and.
March, 1920
1/5
Platt, Edmund, Member of F. B. Board:
Appointed member pro tempore of Bulletin Committee
6/8
President's Coal Oomudssion:
See"Coal Commission"
Press Statements:
Conversation of Gov. Harding with representatives of
press re; no statement of discount rates to be posted
on Bulletin Board before 4 o'clock P. M.
1/21

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

356
183

296
191
176
200

67
66
199

115
64 8
168

171
194

g.64

7-8
5g9

77

OXIII

Page
Press Statements: (continued)
Credit conditions; Gov. to prepare statement of Board's
5/6
views re policy to be pursued in control of,
Form of announcement by Board of discount rates established as result of meeting Jan. 21st.; preparation of
1/22
announcement referred to Gov. and Vice-Governor
Policy":
Banking
and
"Prices
Article entitled, read by J. B. Forgan before American
Economic Association; ordered mimeographed and
1/2
copies sent FRBanks
Publications, F. R. Board:
Bank of North Dakota, Bismark, North Dakota, ordered
placed upon mailing list for all publications issued
4/13
by Board

438

85

5

377

IttrAl

quarters, F. R. Banks:
See under various F. R. Banks
kivarters, F. B. Board:
Authority of Board to purchase real estate for offices;
reply of Comptroller of Treasury to Gov. Harding re, 5/19
Division of Analysis &Research:
Lease for space at 37 Liberty Street, New York City,
5/15
approved
Lease of additional space at 37 Liberty Street,
1/9
New York City, authorized
Division of Operations and Examination:
Lease of additional room in Metropolitan Bank Bldg.
2/1
for use of,
Division of Reports and Statistics:
Gov. authorized to secure space in National Metropolitan
4/24
Bank Bldg. to house,
Procuring of permanent, outside of Treasury; authority
4/13
to be requested of Congress re,
Harding
designated
Treasury
and
of
Gov.
Secretary
4/13
to secure suitable action by Congress re above
reserve
etc.,
in
re
sending
economists,
4luestionnaire for
and net deposit liabilities, and reclassification of
1/17
reserve cities, submitted by FRAgent Curtiss
mxestionnaire on acceptances; authority given Gov. to send
to FRAgents at Boston and New York for confidential
4/24
distribution


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

469

462
26

142

403
375
375

64-65

404

Fag'
Railroad companies obtaining Government aid, contract to be
entered into by; statement by Ur. Hamlin re conference
with Bradley W. Palmer re,
4/7
Railroad Securities Comnittee:
See "Committee on Railroad Securities"
Railroad Transportation Act of 1920:
Amendment to, placing entire responsibility for security
of loans on Interstate Commerce Commission; statement
by Secretary of Treasury Houston
6/15
Duties of FRBoard under provisions of; memo. of Counsel 3/9
Railway Loan Advisory Committee:
Authority vested in, simply to pass upon farm of applications, under recent amendment to Railroad
Transportation Act; statement by Secretary Houston
6/15
Appointment of Executive Assistant at $4,500 per annum, 4/1
approved
Delano, Frederic A., resignation
4/16
Elliott, M. C., acceptance of appointment as member of, 6/23
Elliott, M. C., designated member of,
6/15
McLean, Angus W., appointment as member of,
5/25
Acceptance of appointment
5/28
Name of"Committee an Railroad Securities" changed to,
4/1
.
,- ,uarters, equipment, ard suitable office force authorized
for,
4/1
Recommendation of, for approval of loan of 05,000,000
to Boston and Maine Railroad
5/28
Recommendation of, for approval of loan of 064,600 to
Salt Lake & Utah Railroad
5/28
Scott, Fred, of Richmond, Va., appointed member of,
4/16
Appointment declined; report re
5/25
Rates of Interest:
See"Interest Rates"
Rector Trading Co. of New York:
Complaint as to bills of; letter from Ur. Kanzel
1/24
Redemption Div. of Office of Comptroller of Currency:
Staff of,
Employment of four laborers for temporary period
4/24
Enployment of two laborers for temporary assignment
to, approved
2/20
Herbert, Daisy H., resignation as clerk-counter
1/12
Ricketts, Marie Gordon, resignation as clerk-counter 1/12
Rediscounts:
Acceptances drawn against whiskey in bonded warehouses,
'eligibility for rediscount; negative opinion by
General Counsel re,
4/8
Bamkerstacceptances; rate of 51% approved an, for
Atlanta
4/1


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

356

544-41

263

544
331
389
666
545
483
500
331
353.
484
601

339
482
100

401
185
42
42

Pace
Rediscounts: (continued)
Bankers' acceptances; rate of 5-5,; approved on, for
Chicago
Bankers' acceptances; rate of 5N approved on, for
Chicago

2/28

219

3/27
3/30
3/31

312
320
324

Effective date set for April 1st.
Bankers' acceptances; rate of 516 approved an, for
4/5
Dallas
a approved on, for
Bankers' acceptances; rate of 5,Y/
4/1
Kansas City
Bankers' acceptances; rate of 51% approved on, for
4/7
Philadelphia
Bankers' acceptances; rate of 51% approved on, for
4/7
San Francisco
FRBallkS
Bankers' acceptances; telegram to Governors of
1/26
modifying telegram sent Jan. 24th. re 6,3 rate an,
Certain ,luestions re, raised by FR1gent at San Francisco 1/20
Change in rediscount procedure at San Francisco; memo.
of Mr. Hoxton in re suggested; Board favors perfecting
2/9
rediscount organization of Bank
Collateral notes; decision by Board that FRBanks should
not accept for rediscount, from other aBanks, unless
6/15
secured by collateral of 100/L market value
Expected heavy loss by New York in today's settlement,
with probable necessity for negotiating large rediscount
1/29
operation; statement by Gov. Harding
F. R. Bank of Atlanta:
6/1
By F. R. Bank of Cleveland:
6/10
6/15
5A5
By F. R. Bank of New York:
5/25
5/27
5/29
6/8
6/24
6/29
6/29
F. R. Bank of Chicago:
4/5
By F. R. Bank of Cleveland:
4/17
4/21
4/24
5/6
5/20
6/29
6/30


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

338
329
356-57
357
102
70

158

543

119
509
537
542
459
476
492
502
524
567
573
575
340
392
397
405
437
474
574
582

CXVI

Page
Rediscounts: (continued)
F. R. Bank of Chicago:
By F. R. Bank of New York:

F.31.
By
By
By

Bank of Dallas:
F. R. Bank of Boston:
F. R. Bank of Cleveland:
F. R. Bank of New York:

By F. R. Bank of San Francisco:
F. R. Bank of Kansas City:
By F. R. Bank of Boston:


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

By F. R. Bank of Chicago:
By F. R. Bank of Cleveland:
By F. B. Bank of Dallas:
By P.R. Bank of New York:

4/6
4/8
4/17
4/21
4/24
4/26
4/30
5/1
5/10
5/25
6/1
6/2
6/4
6/8
6/29
6/15
6/29
5/1
5/14
5/15
5/25
5/29
6/8
4/27
4/27
5/10
5/27
6/15
6/30
1/6
1/16
6/29
6/30
1/6
4/21
4/24
5/1
5/5
5/15
5/25
6/1
8/2
6/8
6/22

346
360
393
397
406
409
426
426
440
476

608
612
522
623
673
.
3
54
573
427
454
459
477
505
524
43.2
43.2
441
491
541
505
12

60

675
682
591
406
4g°
45°
46°_,
47
!
60.!
61•1
66°

CXVII

Page
Rediscounts: (continued)
F. R. Bank of Minneapolis:
By F. R. Bank of Boston:
By F. R. Bank of Cleveland:

6/30
4/24
5/10
5/11
5/19
5/20
5/20
5/27
5/28
6/1
6/1
6/2
6/10
6/15
6/16
6/22
6/24

583
405
440
445
466
473
471
492
496
508
509
514
538
541
548
551
566

4/21
4/24
4/Z7
5/5
5/14
5/14
5/25
6/8
6/22
6/22
6/23
6/29
6/29

397
405
412
431
453
454
478
524
550
551
562
573
574

1/14
2/2
3/11
3/16
3/23
1/14
2/2
1/14
2/2
3/16
3/23
2/2
1/11
1/14

53
129
260
275
290
53
129
53
129
275
290
129
53
53

By F. R. Bank of New York:

By F. R. Bank of Richmond:
F. R. Bank of New York:
By F. R. Bank of Atlanta:
By F. R. Bank of Boston:

By F. R. Bank of Chicago:
By F. R. Bank of °level:ma:

By F. R. Bank of Dallas:
By F. R. Bank of St. Louis:
By F. R. Bank of San Francisco:


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Rediscounts: (continued)
F. R. Bank of Philadelphia:
By F. R. Bank of Atlanta:


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

By F. R. Bank of Bost:

By F. R. Bank of Chicago:

By F. R. Bank of Cleveland:

By F. R. Bank of Dallas:

2/2
2/11
2/20
3/30
3/20
3/20
3/30
4/9
4/13
4/14
4/16
4/21
1/2
1/6
1/16
1/22
1/24
2/2
2/4
2/6
2/11
2/i8
2/20
1/28
2/11
3/2
3/10
3/20
3/23
3/30
4/5
1/6
1/9
1/13
1/14
1/20
1/24
2/2
2/4
2/6
2/11
2/17
2/18
2/20
/25
2
2
3/10
3/12

Page
Rediscounts: (continued)
F. R. Bank of Philadelphia: (cantknued)
By F. R. Bank of Dallas
By F. R. Bank of Kansas City

By F. R. Bank of Llimneapolis

By F. R. Bank of New Yolit

By F. B. Bank of St. Louis
P. R. Bank of Richmond:
By F. R. Bank of Atlanta
By F. R. Bank of Boston

By F. R. Bank of Chicago
By F. R. Bank of Cleveland


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3/20
2/17
2/20
3/2
3/12
2/17
2/25
2/28
3/2
3/9
3/10
3/12
3/23
4/5
4/21
4/24
4/27
4/30
5/1
5/10
1/9
1/16

287
175
193
226
267
175
208
220
226
249
257
267
290
340
397
405
412
425
427
440
25
60

1/9
1/20
5,40
5/19
5/28
6/8
6/16
6/24
1/22
2/2
3/23
3/26
4/2
4/13
4/21
4/24
4/30
5/5
5/11
5/14
5/25
5/25
5/29
6/3

25
68
440
466
496
524
548
566
84
129
290
307
336
375
397
405
425
430
444
454
476
477
503
517

CL

Rediscounts: (continued)
F. R. Bank of Richmond: (continued)
By F. R. Bank of Cleveland

By F. R. Bank of Dallas

4/12

•
By F. R. Bank of New York
F. R. Bank of St. Louis:
By F. R. Bank of Boston

By F. R. Bank of Cleveland

By F. R. Bank of Minneapolis
By F. R. Bank of New York

By F. R. Bank of San Francisco
F. R. Bank of San Francisco:
By F. R. Bank of New York
Increase in rate on paper secured by Liberty bonds and
Victory notes, recommended by MBank of Chicago
Matter taken up, action deferred


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

6/8
6/9
645
6/22
6/23
6/29
6/30
1/9
3/26
4/1
4/2
4/17
4/17
4/27
4/12
4/13
4/21
4/29
5/5
3/26
3/31
4/13
4/14
4/21
5/19
3/26
4/6
4/8
4/21
4/30
5/1
5/11
5/15
5/19
5/25
5/27
6/2
3/29
4/5
5/1

524.
533,
541
550
562
574
583
307
3g8
336
368
392
392
.412
368
30
398
43,9
430
307
0
30
378
398
467
307
348
36°
397
425
427
448
46°
467
479
491
514
340
428
33.2

3/27
3/30

020

CICCI

Page
Rediscounts: (continued)
Member banks applying for, in excess of capital and
surplus; memo. of Counsel in re plan that FRBanks
1/12
impose "graduated excess charge" against,
1/15
Referred back to Counsel
Opinion of Board requested by RAgent Perrin re restriction by FRBanks of rediscounts of paper of one
2/3
borraaer for different member banks
2/3
Opinion of General Counsel re, approved
Opinion of General Counsel covering rediscounts by
4/5
FRBanks for State member banks
Rate of 5,4 approved an, far Chicago, maturing 1-90 days,
including member bank collateral notes secured by
2/28
Treasury certificates
Rate of 51; approved an, for Cleveland, maturing 1-90
days, including member bank promissory notes secured
2/28
by Treasury certificates
Rate of cc; requested by San Francisco on all rediscounts
6/16
and loans; referred
Request from Chicago that, awing to expected demands
upon resources, beginning Larch 1st., it not be called
2/26
upon to rediscount for other eaBanks
Ruling re member bank rediscounting with FRBank nonmember bank's notes secured by Liberty bonds and
5/27
Victory notes; request from Dallas whether revoked
Situation at Philadelphia; letter from RAgent Austin
2/6
commenting upon,
1/6
Status of, between ERBanks; report re,
1/13
1/20
1/22
1/23
1/24
1/27
2/3
2/4
2/5
2/6
2/11
2/12
2/13
2/17
2/18
2/19
2/20
2/25
2/26
2/27


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

38
56

134
134
337

219

220
549

212

489
149
12
44
68-69
84
91
99
108
136
139
145
151
163
170
172
175
185
190
194
208
210
216

Fag°
Rediscounts: (continued)
Status of, between F. R. &Inks;


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

report re,

3/2
3/4
3/5
3/11
3/12
3/16
3/17
3/18
3/19
3/23
3/24
3/25
3/26
3/29
3/31
4/1
4/2
4/6
4/7
4/8
4/9
4/13
4/14
4/15
4/16
4/17
4/21
4/24
4/26
4/27
4/28
4/29
4/30
5/1
5/5
5/6
5/11
5/12
5/14
5/15
5/19
5/20
5/25
5/27
5/28
5/29
6/1

226
238
239
260

261
274
211
260
282,
269
297
301
309
316
326
328
336
346
367
360
364
376
378
382

367
392
397
404
409
412
418
419
40
421
431

431

445
_,
445
4bg
460
461
414
419
490
495
60$
,601

Page
Rediscounts: (continued)
Status of, between F. R. Banks;

1

I.

6
6

4

)13
1.2
La
L9
:74
a/
51

46
46
66
6o
6/
14
,19

r90

,96

i0g
501

report re,

6/2
6/3
6/4
6/8
6/9
6/10
6/15
6/16
6/22
6/23
6/24
6/29
6/30

Refunding of National Debt:
Senate bill 4119 providing for; letter from Senator
4/7
Frelinghuysen asking Board's views re,
Regulations, F. R. Board:
Governing organization and operation of corporations
under Section 25(a) of F. R. Act, known as "Edge Act";
3/24
ordered printed
Law Committee requested to submit to Board regulations
3/24
to supersede those of 1917 now in force
Regulations under "EdEp Act":
See "de Act"
See also Regulations, F. R. Board
Reorganization plan for employees of F. R. Board; memo, of
5/14
Secretary recommending,
Above plan approved by Gov., and Secretary directed to
5/25
make plan effective
Reports:
Business aid financial situation in New York; letter from
Assistant FRAgent at New York making daily report re, 3/2
Business conditions at Philadelphia, enlarged reports on;
additions to force, and more space, necessary for
1/14
making
Letter from Dr. Willis in re securing of necessary
1/20
space
Business conditions in Second District; introductory
5/1
section of monthly report submitted
of
month
Business report from MBank of New York for
6/22
May, 1920
Dates of last, written or oral, filed with FRBank of
New York by certain banking corporations in New York
2/4
doing acceptance business; advice re,
Vice-Gov. to ascertain if RE1Bank has record on file
of oral report of certain of above corporations 2/4


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

512
517
522
523
531
537
541
548
550
562
566
572-73
582

359

299-300
300

458
481

225

51-52
70
429
553

141
141

Page
Reports:
Discontinuance of reports by FRBanks to Board showing
kind of commodity back of loans, recommended by
Vice President of First National Bank of Boston
4/28
Governors'; in response to topic 11, sub-section 7-a
of Governors conference, re commodity hoarding
4/21
National bank condition; Comptroller stated not able to
have printed, as of close of business Dec. 31st., requesting Board print in c
- onnection with reports of
condition of member banks
3/27
Above net deemed lawful by Counsel
3/29
Printing in Bulletin of such parts as of interest
to F. R. System, authorized
3/29
State member bank condition; deferring of call for, until
2/24
May, requested by Statistician
Weekly, showing loans secured by stocks and bonds; discontinuance of, approved
5/15
Representatives of the Press:
Conversation of Gov. Harding with, in re press statements;
no statement re discount rates to be posted on Bulletin
Board before 4 o'clock, P. L.
1/21
Reserves:
Acceptances; recommendation of Mr. Kenzel that Board not
approve as reserve against, acceptances of commsrcial
houses as distinguished from bankers' acceptances;
approved
3/12
Amendment to Section 19 of F. R. Act, re estimating required balances; letter from RAgent Curtiss recommending,
1/28
American Foreign Banking Corporation; modification of
ruling of Board requested by, to permit reserve of
32; against acceptances due after thirty days
2/17
2/18
American Marine National Bank, San Pedro, Los Angeles,
Cal.; approval of reduction in reserve requirements
6/8
Asia Banking Corporation; certain security approved
for, as reserve against outstanding acceptances
3/23
Deficiencies in,
Counsel instructed to advise Board re procedure in
calculating penalties on,
3/11
Counsel instructed to furnish opinion wether, in
imposing penalties on, to calculate upon daily, or
average, basis
3/11
F. R. Bank of New York; memo. showing dates and
amounts of deficiencies, with statement by Gov.
Harding
4/1
F. R. Bank of New York; query of Mr. Miller in re,
2/28


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

416
399

315
314
314

200
461

71

261

116
179

166k

50

291

7,65
266
321

CXXV

Page
Reserves: (continued)
Deficiencies in, (continued)
F. R. Banks; Law Comndttee instructed to interpret
meaning of provisions of Act imposing penalties on,2/28
F. R. Banks; recommendation of Governor re tax upon, 4/1
2/26
F. H. Banks; statement by Counsel re,
be
to
Governor authorized to report to Board penalty
3/11
imposed on FRBaaks having,
Board;
draft
Graduated tax on, establishment of, by
4/2
of letter to ERBanks re,
penalties
Lember banks of MBank of Cleveland assessed
for, to from six to fifteen consecutive months;
1/15
advice re, requesting increase in penalty rates
of
Governors
sent
ordered
Harding
Reply of Gov.
1/15
all FRBanks
imposing
Act
provisions
of
R.
F.
an
Counsel
Opinion of
3/9
penalties an,
due
Dallas,
of
bank
member
of
for,
penalty
of
Rebate
6/10
to delay in mail
Table Showing average monthly number of member banks
having, amount of penalties, and rate charged,
3/2
ordered furnished monthly
3/29
Tax upon; memo. of Counsel re,
P. R. Bank of New York:
Improvement in reserve position daring period Feb. 254/28
April 22; report re,
Insufficient gold and legal tender to sapply minima
requirements against both note and reserve deposits;
opinion of Counsel requested as to apportionment
2/27
of reserve
Probability of, being short in reserves of date;
statement by Gov. Harding; rediscounts authorized
3/11
for,
Report by Gov. Harding re; Bank required to discount
1/14
with various RBanks up to „;100,000,000
F. R. Banks:
General discussion re reserve positions of the several,
2/26
1/6
Report re reserve positions of the several,
1/13
1/20
1/22
1/23
1/24
1/27
2/3
2/4
2/5
2/6
2/11

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

222
327
212-13
265
334

55
55
251
536

226
317

415

218

265
53

212
12
44
66
84
91
99
108
136
139
145
151
163

Reserves: (continued)
P.R. Banks:
Report re reserve positions of the several,


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2/12
2/13
2/17
2/18
2/19
2/20
2/25
2/26
2/27
3/2
3/4
3/5
3/11
3/12
3/16
3/17
3/18
3/19
3/23
3/24
3/25
3/26
3/29
3/31
4/1
4/2
4/6
4/7
4/8
4/9
4/13
4/14
4/15
4/16
4/17
4/21
4/24
4/26
4/27
4/28
4/99
4/30
5/1
5/5
5/6
5/11
5/12
5/14
5/15

CLXVII

Page
Reserves: (continued)
F. R. Banks:
Report re reserve positions of the several,

5/19
5/20
5/25
5/27
5/28
5/29
6/1
6/2
6/3
6/4
6/8
6/9
6/10
6/15
6/16
6/22
6/23
6/24
6/29
6/30

Mercantile Bank of the Americas; request from, for
modification of Board's ruling to permit carrying
of reserve of
against acceptances due after
thirty days
2/18
Method of calculating, approved by Board to become
effective Feb. 12th.; granting of hearing to certain
Texas bankers protesting against, ref. to Gov.
1/29
Method of making public reserve percentages of ERBanks;
memo. of Statistician and Asst. Secretary re,
6/24
Figures showing combined reserve against note and
deposit liabilities of each FRBallk ordered
published in weekly statement of condition of
FRBanks
6/24
Method of recording in minutes, permissions granted
FRBanks allowing reserves against deposit liabilities
to fall below prescribed minimum; Counsel instructed
to inform Board re,
3/12
New method of determining, deferred until March 1st.;
telegram from Board to ERBanks advising of,
2/4
Payment of interest on reserve balances of member banks
held by reserve banks; letter from FRAgent Curtiss
1/2
Computations bearing on above suggested payment,
forwarded by FRAgent Curtiss
1/28
Proposed new method of calculating, deferred indefinitely,
and FRBanks so notified
2/26


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

467
474
479
490
495
502
507
512
517
522
523
531
537
541
548
550
562
566
572
582

186-87

117
567

567

266
142
2
112
211-12

=win

paga
Reserves: (continued)
Proposed plan of Board to change method of calculating
required, of FRBanks; discussion re, with committee
of bankers from Eleventh District
2/3
Texas committee of bankers authorized to prepare
report outlining plan under new method which
would conform to FRAct, for action by Board
2/3
Second National Bank of Allegheny, Pittsburgh, Pa.;application for reduction in reserve against demand
5/27
deposits
Second National Bank of Allegheny, Pittsburgh, Pa.; disapproval of application of, to reduce required reserve
from 1c5 to 7,;
6/15
1
Suspension of reserve requirements; Law Committee
authorized to instruct Counsel to render opinion re
certain phases of RiAct relating to,
3/2
Suspension of reserve requirements for ten days, of RBanks
whose reserves fall below required minimum owing to
expected heavy demands of Treasury Dept.
3/15
Resolution of U. S. Senate asking if Board or FRBanks are
guilty of coercion in connection with par collections,
together with letter from Senator Norris re same
1/20
Draft of reply to President of Senate re above
1/27
Resolutions, F. R. Board:
Amendment to by-laws covering publication of resolutions
of personal character
3/30
Glass, Carter; resolution adopted upon retirement of, as
Secretary of Treasury and ex officio Chairrnn of Board2/18
Strauss, Albert; resolution adoptel upon resignation of,
as member of Board
3/16
Suggested amendment to Board's resolution defining
eligibility of political or public officers for office
in _MBank; memo, of Counsel submitting,
2/9
Retail Grocers Association, Kansas City, no.
Protest by, against operation of cooperative store by
employees of RBank of E:Insas City
3/23
Retail Trade:
Changes in volume of; Bulletin Committee authorized to
publish in Bulletin figures thus far obtained in
investigation of,
1/2
Robert Morris Associates:
Board to become research member of, at 100 per annum
4/12
Roubles (Russian):
Importation of, by A. D. Jones of dinston-Salem, N. C.,
disapproved
3/23
Shipment of gold roubles from Russia to United States;
letter from Acting Governor,ERBaah of New York re,
6/8


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

131

138
468
544
224

272-

110

3z1

276
161
296

6
369

269

CM:r7.

Page
Rowan, William J.
Appointed vault clerk at Bureau of Engraving & Printing,
3/31
in charge of notes in F. R. vault
(See Roubles)
Russian Roubles:

325

tosit

Salt Lake & Utah Railroad:
Loan of 064,600 to, approved upon recommendation of
Railway Loan Advisory Committee, and report trans5/28
mitted to Secretary of Treasury
San Francisco Clearing House Association:
Appointment by, of but one delegate to attend conference
1/10
in Chicago, Jan. 23rd.; advice from RAgent Perrin
Scandinavian-American Bank of Seattle:
Payment of first350,000 into funds of; advice from
1/7
FRAgent Perrin
Scott, Fred, appointed member of Railway Loan Advisory
4/16
Committee
5/25
Appointment declined
Second National Bank of Allegheny, Pittsburgh, Pa.
Application for reduction In reserve against demand
5/27
deposits; ref.
required
reserve
Disapproval of application of, to reduce
6/15
from IA; to 74
Secret Service:
See "United States Secret Service"
Secretary of the Treasury:
Authority of, under Pittman Act, re ism-Ince and. retirement
of one-year Treasury certificates of indebtedness to
4/5
secure FaBank note circulation; opinion of Counsel
Secretary of the Treasury Houston:
Letters from, re
Accumulation of papers of Board, requesting statement
of, for submission to Congress, in support of
3/25
appropriation for National Archives Bldg.
detail
requesting
Board,
of
Assistant Counsel Angell
of, to Treasury Dept. to assist in making report
3/26
upon monetary conditions in Virgin Islands
re
in
Colorado
policy
of
Letter from Senator Thomas
of Treasury Dept. re interest rates on Treasury
3/17
certificates
Above letter of Senator Thomas referred to
3/23
Secretary Houston for reply
Postponement of discussion of discount rate situation
requested by, until Feb. 9th., in order that he
2/6
might attend meeting


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

501

32

22
389
482

488
544

341

301-5

309-10

277
294

146

Page
Secretary of the Treasury Houston: (continued)
Statement re amendment to Railroad Transportation Act
placing responsibility for security of loans an
Interstate Commerce Commiss4pn,Board's committee to
pass simply on form of application
6/15
Secretary's Office, F. R. Board:
Telephone booth ordered installed in,
2/11
Section 25(a) of F. R. Act:
Application for organization of "First Federal Credit
Bank" under; memo. re,
1/22
Securities:
Asia Banking Corporation; certain security approved for,
as reserve against outstanding acceptances
3/23
Security National Bank, Dallas, Texas:
Amendment to FRAdt to provide for guarantee by FRBanks of
non-interest bearing deposits of member banks,suggested
by President Waggoner of,
1/26
Reply of Mr. noehlanpah
1/29
Senate Bill #3680:
Memo. of Counsel advising of, providing for purchase and
redemption of J50 and. 3.00 Liberty bonds
2/2
Senate Bill 43770:
Memo. of General Counsel in re, introduced by Senator
Owen, to amend F. R. Act in re matter of interest rates
charged by member banks
1/23
Request from Senator McLean for views of Governor and
Board re effect of,
1/23
Senate Bill #4119:
Refunding of national debt; letter from Senator
Frelingbuysen asking Board's views re,
4/7
Senate Resolution 328:
Draft of reply by Gov. Harding to, in re rates on call
loans in commercial centers
3/26
Suggested amendrmrt to Board's reply to,
3/27
Silver:
Imports and exports, Jan. 1 - Dec. 20, 1919; figures of
Board's Statistical Div. showing, to be rinfie public
1/2
Shipment of, to Orient, under Board's agreement with
certain foreign banking corporations; memo. of
Mr. Emerson recommending profit accruing from, be
paid one FRBarik to be pro rated among all RBanks
3/9
Silver Certificates:
Memo. of Mr. Leffingwell suggesting FRBanks gather in,
and hold; telegram to this effect sent RBanks
4/7
No longer necessary to withhold, or standard silver
dollars, from circulation; FRBanks to be advised
5/19


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

410

Page
Silver Dollars:
MBank of Minneapolis able to obtain about 125,000 of,
from local banks not disposed to assume charges of
1/27
Shipment to Chicago sub-treasury; advice re,
corthree
foreign
First shipment of, to Orient, by the
porations having agreement with Board; notice of
3/24
settlement covering,
Method of payment of shipping charges on standard; memo.
2/17
of Mr. Emerson suggesting,
No longer necessary to withhold, and silver certificates,
5/19
from circulation; ERBanks to be advised
from
protest
Shipment of, by Treasury to Orient;
President of Cinco Minas Co., N. Y. City, that sane
works hardships an American companies producing silver]./9
Shipment of, to Orient, by Asia Banking Corporation, and
selling without obligation to melt; advice re;
3/19
condition re melting waived
re,'-i110,000,000,
to
limitation
Shipment of, to Orient;
moved, and maximum amount left to discretion of Gov.
2/26
or Vice-Governor
Silver Exports:
Daily reports from Collectors of Custom re; discontinua5/14
tion of, approved
Silver ,,uotations:
F. R. Bank of New York authorized to wire Shanghai daily
re, for use of foreicn banking corporations under
4/5
agreement with F. R. Board
&
Reports
Div.
Statistics:
Smead, E. L., Asst. Chief,
Memorandums of, re
Earnings, F. R. Bank of Liinneapolis; "protest fees,
2/11
4184.95"; no objection
Expense items of Memphis branch of RBank of St.Louis,
and ERBanks of Minneapolis and Kansas City; no
2/11
objection
Bonus
Soldier
Bill:
Opposition to, by Watson, iil1iams, & Co. of New Orleans
5/20
Ga.
Doublin,
Bank,
Southern Exchange
Application of, for membership in System, disapproved
1/12
by reason of insufficiency of capital
Spencer, Charles E., of First National Bank of Boston:
Recommendation of, for discontinuance of reports by
FRBanks to Board showing kind of commodity back of
4/28
loans
Spokane Clearing House Association:
Charges on transfers imposed by members of; letter re, 5/5


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

110

296
176
470

27

282-83

214

455

341-42

166

166

472

41

416
433

Page
Staff of F. R. Board:
Chairman's Office:
McDermott, A. M., resignation as confidential clerk
2/6
Chief Clerk's Office:
Kelisky, Bessie B., appointment as stenographer and
typewriter
5/5
Comptroller's Office:
Birckhead, 0.W., resignation as secretary to
Comptroller
6/30
Connell, John Joseph, appointment as stenographer
4/15
George, Harold L., salary approved at 02,500 per
annum as secretary to Comptroller
6/30
Peiffer, Louise E., resignation
2/11
Counsel: (General)
Harrison, George L., resignation
5/27
Counsel's Office:
Angell, Liontgomery B., appointment
2/26
Bradley, C. S., salary increased
6/30
Cox, W. F., salary increased
6/30
Croghan, (Mrs.) O. Id., salary increased
6/30
Dyer, Sara A., salary increased
6/30
Div. of Analysis & Research:
Adams, M. R., salary increased
6/22
Cameron, H. II., appointment at 01,500 per annum on
full time basis, to work an three-fourths time
basis
3/2
Chapman, J. LI., appointment for sixty days requested 1/6
Appointment approved
1/7
Chapman, J. M., salary increased
6/22
Cornwall, Ruth, salary increased
6/22
Davis, Dorothy S., appointment as statistical clerk
5/11
Heller, Rose, salary increased
6/22
Johnson, Mary, leave of absence for month without pay 4/21
Johnson, Mary, salary increased
6/22
Jones, F. W., salary increased
6/22
Jones, F. W., salary increased to ',)3,000 per arra=
6/30
Kobayashi, Arata, appointment as half-tire employee
6/22
Powell, Myrtle, appointment for sixty days,reauested 1/6
Appointment approved
1/7
Rice, Y. H., appointment for thirty day period,subject
to renewal, approved
2/20
Ross, Alice, salary increased
6/22
Smyth, A. L., appointment for sixty days requested
1/6
Appointment approved
1/7
Will not report for duty; advice re,
1/20
Snodgrass, Katherine, salary increased
6/22


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3.52
433

353
584
168
489
23,6
584
554
584
584
556
229
3,4

ZZ
566
666
456
666
402

666
666

651

666
3.4
P.2
195
666

azram

Page
Staff of F. R. Board: (continued)
Div. of Analysis & Research: (continued)
6/22
Steiner, W. H., salary increased
sixty
of
period
Stickney, Thomas B., appointment for
1/20
days, vice A. L. Smyth
6/22
Williams, Faith, salary increased
6/30
annum
per
Williams, Faith, salary increased to c)2,500
6/22
Youngman, Anna, salary increased
Div. of Issue & Redemption:
4/5
Cobb, Lilytee C., salary increased
4/5
Crafford, Ada F., salary increased
4/5
increased
Dashiell, Searing T., salary
4/5
Devine, Eva LI., salary increased
4/5
Drawett, Annie M., salary increased
4/5
Heale, Myrtle S., salary increased
4/5
increased
Hinsolving, Julia, salary
4/5
increased
Martin, Martha J., salary
3/10
resignation
Eason, Evlyne B.,
4/5
increased
salary
P.,
Meade, Fannie
4/5
Murray, Thomas J., salary increased
/5
4
increased
salary
olesenberry, C. B.,
4/5
increased
salary
Reoder, Dorothy M.,
4/5
Sheffer, Mary E., salary increased
4A
increased
salary
Snead, Susan V.,
4/5
increased
salary
P.,
Hallie
Tharp,
4/9
resignation
Thomas, Robert,
3/4
increased
salary
Wedderburn, Helm P.,
Examination:
Div. of Operations &
Schopp, Arthur J., appointment as stenographer with
1/15
western examining force
&
Div. of Reports
Statistics:
Larcier, (Miss) D. K., appointment as stenographer
1/12
and typist, vice L. B. Davis
Ryan, Grace M., appointment as stenographer and
5/25
typist
Scudder, D., appointment as assistant statistical
4/11
accountant, vice G. W. Holt, resigned
Smith, Florence E., appointment as key-punch operator 3/11
Walker, S. A., appointment as stenographer and typist 4/29
Excused at 1 P. M. an all Saturdays during period Juno 156/10
Sept. 15, 1920
Settlement
Division:
Gold
Clerk-stenographer at ..;2.25, and three stenographers
at1.50 each, per evening; employment of,approved,
instead of four stenographers authorized. Feb. 25th.3/9
Comley, Lorne C., appointment as stenographer and
6/10
typist
and
hour
an
for
stenographers
male
four
of
Employment
2/25
a half work each evening


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

556
72
556
584
556
345
345
345
345
345
345
345
345
258
345
345
345
345
345
345
345
366
237

56

42
484
380
261
420
536

255
538
207

Staff of F. R. Board: (continued)
Gold Settlement Division: (continued)
Good, George E., salary increased
3/2
Halsted, John P., resignation
1/12
Johnson, Walter, resignation
6/10
Ogilvie, Valliant J., resignation
4/6
O'Hare, (Liss) E. , appointment as stenographer,
effective upon reporting for duty
2/6
Winkler, F. H„ appointamt as clerk, vice John P.
Halsted, resigned.
1/15
Governor Harding's Office:
McClelland, E. M., appointirent as stenographer
5/11
Male stenographer ,jualified to act as substitute
secretary to members of Board; Gov. authorized to
engage, at 02,000 per annum
1/29
McDermott, A. 1.1., resignation as confidential clerk to
Chairman of Board
2/6
Mail & Files:
Merriman, Carolyn M., appointed file clerk
5/25
Messengers:
Rogers, Ulysses S., probationary appointrent, with
understanding of permanent appointment, if satisfactory
2/11
Watkins, F. L., probationary appointment with view
to permanent position
2/24
Mr. Hamlin's Office:
Moore, J. P., transfer as private secretary to Mr.
Hamlin, effective March 15, 1920
3/2
Mr. Miller's Office:
Reed, Jay L., resignation as private secretary
5/27
Mr. Platt's Office:
Durland, Joseph L., appointment as private secretary 6/8
National Bank Redemption Agency Force:
Caruthers, (Mrs.) E. R., resignation as clerk-counter 2/18
Currency counters; employment of thirty additional,
at 01,040 per annum, approved
1/23
Currency counters; services of the 150 temporary, to
be discontinued after April 25th.
3/31
Dnployment of twenty-five additional currency counters,
at $1,040 each, per annum, approved
2/11
Estes, Nancy J., resignation as clerk-counter
2/11
Evans, A.1thea, resignation as clerk-counter
2/11
Houser, Alberta B., resignation as clerk-counter
2/20
liulvey, Sallie, resignation as clerk-counter
2/2/1
riuber, Janet B., resignation as clerk-counter
1/27
O'Leary, Mary V., resignation as clerk-counter
2/19
Oswell, Charlotte Ann, dropped from roll owing to
continued absence
2/4


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2.29
42
536
1.52
152
56
261

152
484

168

0
49z-

59
3.67
95
326

168

168

166
196
109

19°
140

Page
Staff of F. R. Board: (continued)
Officers and Chiefs of Divisions:
Certificate of office for; motion by Mr. Miller
5/10
that Board furnish,
Organization chart affecting, (See auxiliary minute
4/12
book of date)
Plan of classification and salary ranges for employees;
5/14
memo. of Secretary recommending,
Plan approved by Governor and Secretary directed
5/25
to mako effective
of
Currency:
Redemption Division of Office of Comptroller
Employment of two laborers for temporary assignment
2/20
to, approved
4/24
period
Employment of four laborers for temporary
1/12
Herbert, Daisy H., resignation as clerk-counter
1/12
unter
clerk-co
as
Ricketts, Marie Gordon, resignation
Salaries:
Adjustments of, of employees, in accordance with new
plan of classification, effective July 1st. ,1920
(See auxiliary minute book on salaries, personnel
6/30
file)
Secretary's Office:
3/11
Bethea, Markley, resignation
5/19
Giucevich, Kate, resignation
3/2
Foulk, O. E., transferred to, as Supply Agent
Mooney, Frances J., appointment as stenographer &
6/8
typist
5/29
Morey, Esther, resignation
4/16
Tibbs, Joseph F., resignation
Supply Agent:
Foulk, O. E., transfer to Secretary's office as,
3/2
effective March 15th.
Telephone Operators:
Clarridge, Violet, transfer to War Risk Insurance
2/27
Bureau
to
Treasury
from
transfer
Gross, Catherine E.,
2/27
F. R. Board roll
Printing:
&
Engraving
of
Vault Clerk at Bureau
Rowan, William J., appointrant as, under Board's
3/31
authorization of February 9th.
for
charts
graphic
prepare
to
Weber, Albert, employment
4/16
use in F. R. Bulletin and various publications
State and Municipal Bonds:
Withholding of offerings of, in view of present financial
conditions; letter from C. B. Denison & Co. of Boston,
1/12
suggesting,


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rage
State Bank & Trust Co. of Harrodsburg, Kentucky:
Resolution of withdrawal from System, with request
for date from which six months' period required by
law must be figured
2/2
State Bank Membership Committee of F. R. Board:
To be instructed to discontinue activities in re par
point campaign, to prevent misconstruction of
attitude of Board in re,
2/24
State Bank Memberships:
Telegram from Board to FRBanks re increasing, explaining Mr. Moehlenpahls letter of February 27th.
2/28
State Bank of Plentywood, Plentywood, Montana:
Change in condition of membership, making effective
date of charge off, collection, or renewal of
criticized loans, April 1, 1920
3/6
State Bank of Trumansburg, New York:
Notice of withdrawal from System
3/26
State Banks & Trust Companies:
Entrance into FRSystem:
See Auxiliary Minute Book.
See also Membership in F. R. System.
State Banks entering System:
Deposits of gold for capital and reserve by; telegram
from RAgent Heath re,
1/21
State banks in Montana applying for membership; change in
condition re accumulation of surplus, suggested
4/12
Above approved
4/13
State Banks in New York:
Stringent regulations imposed by New York State law in
re power of, to establish branches; memo. of Mr.
Hoxton suggesting, in view of, Board waive condition
of admission No. 2
2/3
State bxnks possessing extraordinary powers; adoption of
general condition to be imposed upon membership of,
reccraended by Law Committee
2/19
State Institutions:
Code to be used in advising RAgents of conditions
imposed upon membership of,
2/2
State Member Banks:
Advertisements of; draft of letter submitted by General
Counsel for transmitting to FRBanks re,
4/5
Status of borrowings of, with Mai* of Dallas
5/15
State of Georgia:
Revised banking laws for, suggested by Country Bankers/
Association, submitted by FRAgent McCord
6/30
Reply of Governor
6/30


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State of Mississippi:
Act of legislature of, designed to prevent F. R. System
from enforcing provisions of Section 16 of Act in re
exchange charges by non-member banks; with statement
3/6
by Gov. Harding
Legislation of, providing for depositors' guarantee fund
upon eligibility of State banks for membership in
5/19
F. R. System; letter to St. Louis re,
State Savings Bank, Caro, Michigan:
Memo. of Mr. Imlay advising of notice of intention to
1/23
withdraw from System
Statement showing member banks whose borrowings from RBanks
were in excess of capital and surplus, Jan. 31, 1920;
attention called to, and statement ordered furnished
3/18
weekly, including item re reserves
Statements of Condition:
See"Condition Statements"
Statements showing classified holdings of U. S. war obligations
and war paper of reporting member banks; memo. of Mr.
3/25
Jacobson recommending discontinuance of,
3/31
Discontinuance of, approved
Stock:
Capital:
First National Bank of Commerce, Texas; recommendation
of Comptroller for approval of application for
2/20
reduction in capital stock
Mercantile Bank of the Americas; advice from, of in1/22
crease in capital stock
Milford National Bank, Milford,
reduction in
capital stock to C125,000
2/5
Reduction in, of a F. R. Bank; opinion of Counsel
revested as to whether, in case of, its general
surplus of loo,:; should be reduced proportionately 6/9
Reduction of, by national banks, While at same time
borrowing from bRBanks and city correspondents;
request from Comptroller as to Board's views re,
4/5
Stock Cattle:
Draft of letter to Monks, submitted by Mr. Moehlenpah,
in re extending accommodations to farmers carrying;
action re,
5/28
Stockton, Philip:
Letter from, giving reasons for placing of embargo on
gold exported from United States
2/19
Strauss, Albert:
Letter from, to Deputy Gov. Case of New York, re United
States as gold market
3/9
3/5 '
Letter of resignation, with The President's reply
k


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Strauss, Albert: (continued)
Letter to Acting Director, Div. Foreign Exchange, authorizing purchase of certain open market acceptances by
Hew York in connection with stabilizing exchange rates
between U. 3. and China
1/30
Memorandums of, re
Control of issue of F. R. notes, giving views as to
method
3/4
Resolution adopted upon resignation of, as member of
Board
3/16
Statement in re regulation of exchange between. U. S. and
East, of accumulation of silver dollars by Treasury
and desire to deposit same with RBanks in anticipation
of overdrafts
4/26
Stroc;k, J. B.
Letter from, to Secretary of Treasury, criticizing
situation with respect to discount rates
1/16
Struthers Savings and Banking co" Struthers, Ohio:
Failure of, reported, stating no loss sustained by
ERBank of Cleveland
4/8
Sub-Treasuries:
Bill providing for abolition of; letter from Chairman of
House Banking & Currency Committee submitting copy of,
for comment by Board
2/6
Superintendent of Banks, State of Michigan:
Suggestion from FRAgent Heath that Board send letter of
appreciation to, for cooperation in increasing memberShip of State banks in System
2/11
Gov. authorized to transmit appropriate letter
2/11
Supply' Agent, F. R. Board:
Foulk, O. E., designation as, effective March 15th.
3/2
Swift & Co.
Acceptances of; letter from Deputy Gov. Peple of Richmond
re; •Miecutive Secretary authorized to visit Richmond
in connection with same
3/9
Copy of letter from, to member bank in Fourth District,
re financing shipments for packers under acceptance
credit
5/27

2.36
276

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s6z

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tITII

Tabulation Cards:
Disposal of old; memo. of Mr. Jacobson re,
4/27
Talley Clearing Plan:
Protests against abolition of, from various member banks
in Eleventh District
1/17


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Federal Reserve Bank of St. Louis

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Page
Tax Exemption Certificate Form:
Submission of, by Asst. Counsel Angell, entitling officers
and employees of FRBanks to exemption from Federal tax
on railroad and Pullman tickets when traveling on
6/29
official business
Tax Exemptions:
Partial exemption on securities issued by corporations
organized under Edge Bill; memo. of W. S. Kies with
1/29
suggestions re,
3/29
Tax upon deficiencies in reserves; memo. of Counsel re,
Telegraph Operators, Leased Wire System:
See under "Leased dire System"
Telegraph service between Kansas City and Omaha Branc • con5/15
tract covering,
Telegraphic Circuit:
'
See "Leased dire System,
2/11
Telephone booth authorized installed in Secretary's office
Texas Bank & Trust Co., Galveston, Texas:
Application for admission to System; expedition in
matter of, re,luested by FRAgent Ramsey; Board favor1/13
able, subject to certain conditions
System;
memo.
of
Counsel
for
admission
Application
to
1/22
submitting, approved as recommended
membership
approved,
subject
to
certain
Application for
2/4
change in condition of admission
admission
of;
letter
from
upon
bank
Conditions imposed
with further reference to, together with form of
3/19
advice prepared by Counsel
2/17
Counsel
upon
admission
of;
memo.
of
Conditions imposed
of
chan;i7e
of
name
and
of
Counsel
re
effect
Memo.
location of member bank in connection with alteration
1/12
of name of payee of bill by,
Texas Bankers:
Granting of hearing to certain, re,luested, to protest
against method of calculating reserves to become
1/29
effective Feb. 12th.
Plan to change method of calculating required reserves
2/3
of FRBamks discussed by committee of, and FRBoard
Preparation of report by comittee of, authorized,outlining plan under new method of calculating reserves
2/3
which conforms to Fact, for action by Board
Thomas (Senator):
Letter from, re
Treasury certificates of indebtedness; policy of
Treasury Dept. in re interest rates on; also
3/17
letter from Secretary of Treasury re,
Above letter of Senator Thomas referred to
3/23
Secretary of Treasury for reply


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Federal Reserve Bank of St. Louis

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CXL

4/16
Tibbs, Joseph F., resignation
Time Schedule for Transit Items:
F. R. Bank of St. Louis; letter from Board to,approving 3/30
H., President First Federal Foreign Banking Corp.
Titus,
Request from, that construction be placed upon agreement of corporation with Board
6/22
6/22
Draft of reply approved
Trade relations between United States and Canada; bettering
of, by appointing special representative of Canadian
Govt. in each consular district in U. L;.; advice from
Canadian Society of Philadelphia re,
5/5
Transfers:
Charges on, imposed by members of Spokane Clearing House
Association; letter re,
5/5
"Jail; purchase of, by FRBank of Dallas, on New York and
other eastern cities; statement of certain bankers
in Eleventh District re,re,luestin,; same not be discontinued
3/25
Transportation Act of 1920:
Committee on Railroad Securities organized under, its
expenses to be met by F. R. Board
3/29
Name of committee organized under, as "Committee on
Railroad aecurities" changed to "Railway Loan
Advisory Jommittee"
4/1
Travel allowance of F. R. examiners; method for increasing;
memo. of Lir. Hoxton re,
3/13
Treasury Certificates of Indebtedness:
See "Certificates of Indebtedness"
Trowbridge, A. 3., Consulting Architect:
Advice from, that he had. received no estimate of cost re
building program of FRBank of Boston
1/20
Copies of contract, specifications and drawings covering
proposed vault construction tests forwarded by, for
signature
2/3
Letter re contractors for erection of vault testing
structure; bid of Eatthev's Construction Co. of
Princeton accepted
1/22
Recommendation for acceptance of bid of New York Sage
and Lock Co. to install vault in proposed new building
for :MBank of Philadelphia
1/30
Report of, recommending acceptance of bid of George A•
Fuller Co. to construct new bank building for FRBank
of Kansas City
4/e
Visits of, and assistant, to plants manufacturing vaults
for FRaInks, authorized
4/12
Tweedale, Alonzo, Treasurer of U. S. Shipping Board:
Re:uest for advice re status of certain foreign banks
1/26


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Federal Reserve Bank of St. Louis

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Page
Union National Bank, Muskegon, Michigan;
5/14
Application of, for fiduciary pomrs, held
Union Stock Yard & Transit Co., of Chicago:
Letter from, reviewing livestock situation in the U. S. 6/9
United States as Gold Market:
Letter from Er. Strauss to Acting Gov. Case of New York
3/9
bearing upon,
United States Bituminous Coal Commission;
Dr. E. A. Goldenweiser, Asst. Statistician, to represent
Board at informal conference called by, to discuss
5/27
coal collected by Federal Departments and Agencies
United States Bonds:
Applications for sale of, held by Treasurer of United
States to secure national bank circulation under
3/23
Section 18 of F. R. Act
of
dispose
F. R. Bank of Kansas City in position to
certain 4;L; advice re, reluesting views of Board as
3/27
to same; Board favorable
United States Grain Corporation.:
Settlement desired by, with MBank of New York, for German
gold purchased from corporation; statement by Gov.re,3/11
Proposed basis for settlement, submitted by MBank
3/12
of New York
United States Secret Service Division:
Letter to Chief of, re raising of notes by Arthur C.
Dunkleman, Asst. Chief of Money Div. of MBank of N.Y.6/24
United States Senate:
Resolution of, re coercion by Board or FRBanks in connection with par collections, tosether with letter from
1/20
Senator Norris in re same
1/27
above
re
Draft of reply in
United States Shipping Board:
Information reQuested by Treasurer of; statement by Mr.
Strauss that proper steps had already been taken
1/29
to furnish,
Letter from Alonzo Tweedale of, asking advice re status
1/28
of certain foreign banks
ninn.
Duluth,
J.,
N.
Upham,
Reply of Gov. Harding to letter from, re 4uestions of
4/30
practice and policy of P. R. System
Upshaw, W. D., Representative of Georgia:
Conversation between, and Gov. Harding, re par collection
2/2
of checks; memo. of,
Printing:
&
Engraving
of
Bureau
Vault Clerk,
Appointment of, by Board, as custodian of F. R. notes,
2/7
re,luested by Mr. Leffingwell
Appointment approved, clerk to be subject to orders
of Secretary of Treasury, and Board not being
2/9
responsible


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Federal Reserve Bank of St. Louis

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Vault Clerk, Bureau of Engraving & Printing: (continued)
Opinion of Counsel re,
2/9
Rowan, William J., appointed vault clerk
3/31
Vault Construction:
F. R. Bank of Boston:
Permission requested by Bank to adopt plans of own
construction engineer
2/18
F. R. Bank of Philadelphia:
Character of construction for proposed new vaults of;
recommendation re, from Consulting Architect
Trowbridge
1/13
Report of Architect and Engineers on plans for, at
F. R. Bank of Boston, forwarded by Deputy Gov.Spencer 2/17
Vault Construction Tests:
Copies of contract, specifications and drawings covering
proposed, forwarded by Consulting Architect Trowbridge,
for signature
2/3
Vault Testing Structure:
Estinate of Matthews Construction Co. of Princeton, N. J.
for erection of, accepted
1/22
Report re progress of work in connection with vault
testing structures, from Consulting Architect
4/9
Vaults for F. R. Banks:
Visits of Consulting Architect and Assistant to plants
manufacturing, authorized
4/12
Virgin Islands:
Detail of Assistant Counsel Angell to Treasury Dept. for
purpose of accompanying Treasury's representative to,
re nested by Secretary Houston
3/26

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368

Wan

Waggoner, D.E., President, Security National Bank of Dallas:
Letter from, suggesting amendment to FRAct to guarantee,
by FRBanks, non-interest bearing deposits of member
banks
1/26
Reply of Mr. Moehlenpah
1/29
7/all, Alexander:
Letter from, suggesting Board become research member of
Robert :orris Associates; approved
4/12
Paper
War
Holdings of P. H. Banks:
Lemo. of Mr. Jacobson analyzing,
1/6
Warehouse Receipts:
Eligibility for acceptance by national bank of draft drawn
by French Anance Corporation and secured by, eta.;
request from National Bank of Connerce, New York,
for ruling re,
2/6
Opinion of Counsel that drafts drawn to carry goods
for indefinite period not eligible
2/9

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Federal Reserve Bank of St. Louis

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Warehouse Receipts: (continued)
F. R. lInks to be instructed to ascertain length of tire
goods have remained in warehouse before ac.juiring
3/9
paper secured by,
General Counsel instructed to prepare letter to FRBanks
containing codification of Board's rulings re paper
secured by,
3/9
Practice of national bank examiners.in passing as eligible
paper notes secured by, covering automobiles; memo.
1/7
of Counsel re,
Comptroller to call attention of examiners to
1/7
Bo-rd's ruling re,
Preferential rate an paper secured by receipts for goods
stored in special warehouses; letter from Director
of Georgia 3tate Bureau of Markets re,
1/2
Preferential rates on paper secured by receipts for goods
in bonded warehouses; memo. of Counsel re,
2/11
Right of Board to approve preferential rate on paper
secured by receipts issued by bonded uurehouses;
opinion of Counsel re,
4/17
Warwick, 1. W.
See "Comptroller of the Treasury"
Watson, Williams & Co., of New Orleans:
Opposition of, to soldier bonus bill
5/20
Weber, Albert, employment of, to prepare graphic charts for
use in 2.R. Bulletin and various publications
4/16
deekly Reports on Discount Rates:
Discontinuance of, where no Changes are contemplated;
•
letter to Chairmen of FRalaks re,
3/4
Weekly reports shaainG loans secured by stocks and bonds;discontinuance of, approved
5/15
Weekly statement of condition of RBanks; figures showing
combined reserve against note and deposit liabilities
of each 4RBa.n.k ordered published in,
6/24
Weekly statement of FRBoard shawing principal resource an/
liability items of reporting member banks in leading
cities; certain changes approved in,
3/8
Weakly staternnt, ordered furnished by Statistical Dept.
showing holdings by member banks in F. R. cities of
paper secured by Liberty bonds, Victory notes, and
Ti.
certificates of indebtedness
3/8
Wheat Industry:
Ea:pectod conference in Chicago on May 7th. of representatives of; letter from U. S. -dheat Director Barnes
re, inviting Board to be represented
5/5
F. R. Agent t Chicago authorized to attend
5/5
Whiskey in Bonded Warehouses:
Eligibility for rediscount of acceptances drawn against;
negative opinion of Counsel re,
4/8


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Federal Reserve Bank of St. Louis

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21

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0:CLIV

Willis, Dr. H. Parker:
Letter from, re limiting size or circulation of F. R.
Bulletin to conserve print paper
6/22
Progress report submitted by, an investigation into
salaries paid by
Binks to employees receiving ,5,000
per annum, or less
1/6
publication of 2.R. Bulletin in two sections recommended
by, approved
6/29
7ilson, President Woodrow:
Letter from, to Mr. Strauss, upon resignation of latter
from Board
3/5
Wireless Telegraph:
Installing of e,uipment for, between RBanks and branches,
suggested by FRB.xnk of Kansas City
4/17
Wisconsin Bankers' Association:
Invitation to Mr. Modhlakpah to attend annual meeting of
group one of, at Chippewa Falls, Wisconsin
1/21
aiscansin Banks in Seventh F. R. District:
Placing of all, on par list, effective March 1st., subject
to Board's approval;, notice from Chicago
1/26
dithdraaals from F. R. System:
See'V.embership in F. R. System:
Withdrawals:"
Woodward, William, of New York Clearing House Association:
Letter from, asking Board's views re rates on bank
balances
1/10
Wool Growers:
Letter expressing appreciation to Board for courtesy
Shaun Committee of, from its Chairman, and submitting
proposed statelielit to press re plan for meeting wool
situation
6/22
Wool Growing Industry:
Conference in Chicago of those interested in, called by
certain U. S. Senators; Board re iuested to send
representatives
6/15
Telegram from Board to FRAgents at Chicago, Kansas
City, and 11innaapolis, reluesting attendance
6/15
Wyatt, Walter:
Application of James T. =Man to serve as director
of First and Old Detroit National Bank, the Detroit
Savings amk, and Union Trust Co., all of Detroit;
memo. re,
Letter from Representative Doremus re,
Application approved
Memo. of, in re application of A. A. Kramer to serv as
director of three banks in Kansas City, 110.
Application approved as to Columbia National Bank
and. Union Avenue Bank of Commerce


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Federal Reserve Bank of St. Louis