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A meeting of the Executive Commit tee of the Federal Reserve Board was held in the office of the Board at 11:30 a. m., Thursday, August 17, 1916. PRESENT: Mr. Harding, presiding Mr. Delano Mr. Williams Mr. Allen, Secretary. Applications for additional stock in Federal reserve banks, duly recommended by Mr. Harding, as chairman of the Committee on Member and State Banks, were approved as follows: DISTRICT NO. 1. Windham County National Bank First National Bank Torrington National Bank First National Bank First National Bank Essex National Bank SHARES. Danielson, Conn. 6 Suffield, Conn. 15 Torrington,Conn.90 Augusta, Maine 83 Boston, nass. 3000 Haverhill,Mass. 30 3,204 New York, N.Y. 180 Buffalo, N.Y. 345 525 DISTRICT NO. 2. Battery Park National Bank Third National Bank DISTRICT NO. 3. Camden National Bank First National Bank First National Bank Riverside National Bank Allentown National Bank National Bank of First National Bank Pennsylavnia Nat'l. Bank First National Bank First National Bank First National Bank First National Bank First National Bank First National Bank Citizens National Bank Nanticoke National Bank First National Bank Franklin National Bank Corn Exchange Nat'lak. First National Bank Seven Valleys Nat'l.Bk. Western National Bank Industrial Nat'l. Bank of West York First National Bank First National Bank SHARES Camden, N.J. 30 6 Elmer, N.J. New Egypt,N.J. 3 Riverside,N.J. 15 Allentown,Pa. 15 Arendtsville,Pa.1 Centralia, Pa. 2 9 Chester, Pa. Clifton Heights, Pa. 6 2 Cressona, Pa. 1 Fairfield,Pa. Famm Grove„Pa. 3 Gallitzin, Pa. 3 Honey Broo4Pa. 1 Middletown,Pa. 1 Nanticoke, Pa. 3 Nesquehoning,Pa.2 Phila., Pa. 150 150 Phila., Pa. Renovo, Pa. 6 Seven Valleys, Pa. 1 York, Pa. York, Pa. York, Pa. Wyoming, Pa. 3 1 6 DISTRICT NO. 4. Farmers National Bank Second National Bank Citizens National Bank Ambridge ntional Bank Merchants National Bank Cynthiana, Ky. 3 Meyersdale,Pa. 3 Monaca, Pa. Ambridge, Pa. 10 Butler, Pa. 421 :DISTRICT NO. 4 (Continued) Masontown National Bank Peoples National Bank First National Bank Broadway National Bank First National Bank Citizens National Bank First National Bank Lancaster National Bank First National Bank First National Bank First National Bank National Bank of Dennison National Bank Merchants National Bank First National Bank First National Bank Third National Bank Union National Bank First Jational Bank City National Bank Huntington National Bk. First National Bank of Cheviot First National Bank First National Bank Peoples National Bank First National Bank First National Bank First National Bank National Bank of Lagonda National Bank Third National kchange Rank Second National Bank Second National Bank First National Bank SHARES Masontown, Pa. 15 9 Monessen, Pa. New Castle, Pa. 60 9 Scottdale, Pa. 1 Wampum, Pa. 9 Windber, Pa. 3 Mt.Sterling,O. 1 O. Lancaster, 1 O. Ironton, 1 Hicksville, O. 2 Fostoria, O. 1 O. Elyria, 15 Dennison, O. 1 Defiance, O. 1 O. Dalton, Chesterhill, O. 1 Circleville, O. 1 Cleveland, O. 120 Cleveland, O. 300 18 Columbus, O. 60 Columbus, O. Sta. L., Cin3 cinnati, O. Bowling Green,O. 2 1 Batavia, O. 1 Adena, O. 1 Sabina, O. 3 Richwood, O. Portsmouth, O. 15 6 Toronto, O. Springfield, O. 15 Sandusky, O. St.Clairsville,(1 Warren, O. Sardis, O. 9 6 6 1 I DISTRICT NO. 4. (Continued) Citizens National Bank First National Bank Hamilton County Nat'l. Bank First National Bank First National Bank National City Bank First National Bank SHOES New Lexington, O. 1 Dover, O. 5 Cleves, O. Blanchester,O. Brookville,O. Akron, O. Whitesburg,Ky. 1 1 1 180 1 905 DISTRICT NO. 5. • First National Bank American National Bank First National Bank Rocky Mount,N.C. Roanoke, Va. Welch, ''.Va. 6 6 6 18 Henderson National Bank Huntsville,Ala. 9 First National Th3.nk Ashford,Ala. First National Bank Scottsboro,Ala. 1 DeSoto National Bank Arcadia,Fla. 1 Traders National Bank 1 Tullohoma,Tenn. American National Bank Knoxville,Tenn. Harpeth National Bank 1 Franklin,Tenn. 14 First National Bank Woodbury,Tenn. Cumberland Valley National Bank Nashville,Tenn. 3 First National Bank Centreville ,Tenn. 1 -Citizens National Bank Centerville iTenn. 1 Fourth & First National Bank Nashville,Tenn. 60 94 DISTRICT NO. 6. DISTRICT NO. 7. National Bank of Franklin County National Bank Auburn, Ind. Brookville,Ind. 1 DISTRICT NO. 7. (Continued) SHARES. Cambridge City, Ind. 1 1 Delphi, Ind. Citizens :Tational Bank 1 Dublin, Ind. First National Bank Greens Fork,Ind.1 First National Bank La Fayette,Ind. 1 AMerican National Bank Merchants National Bank La Fayette,Ind.12 1 Mays, Ind. First National Bank New Castle,Ind. 1 Farmers National Noblesville,Ind.2 American National Bank Spencer, Ind. 1 Spencer National Bank Thorntown, Ind. 1 Home National Bank Tipton, Ind. 3 Citizens National Bank Ind. 1 Westport, National Bank First Falls,I11. Rock 2 First National Bank Arenzville, 111.3 First National Bank Aledo, Ill. First National Bank Bement, Ill. 1 First National Bank Blue Mound,I11. 1 First National Bank Elmhurst, Ill. 6 Elmhurst State Bank Woodford County NationEl Paso, Ill. 1 al Bank Hoopeston, Ill. 2 Hoopeston National Bk. Mt. Auburn,I11. 2 First National Bank Prophetstown,M. 1 Farmers National Bank Citizens National Bank Sycamore, Ill. 1 Vermilion, Ill. 1 First National Bank Taylorville ,I11.2 Farmers National Bank 1 Elliott, Iowa First National Bank 1 George, Iowa First National Bank Commercial National Bk. Ft.Dodge, Ia. 16 2 Ft.Dodge, Ia. Ft. Dodge National Bk. Merchants National Bank Eagle Grove,Ia. 1 Hubbard, Iowa 1 First National Bank Grand Riverja. 1 First National Bank Galva, Iowa First National Bank Rock,Ia. 1 Little National Bank First First National Bank DISTRICT NO. 7. (Continued) SHAR3a. Humboldt, Iowa First National Bank Monroe, Iowa National Bank Monroe Montour, Iowa First National Bank New Hampton, Ia. Second National Bank Odebolt, Iowa First National Bank Renwick, Iowa First National Bank First National Bank Peterson, Iowa Red Oak, Iowa Farmers National Bank First National Bank Uaukon, Iowa Boone, Iowa Boone National Bank First National Bank Emmetsburg, Iowa First National Bank Adel, Iowa Burt National Bank Burt, Iowa First National Bank BeImond, Iowa Chariton National Bank Chariton, Iowa First National Bank Chelsea, Iowa Creston National Bank Creston, Iowa First National Bank Dunlap, Iowa Sheldon National Bank Sheldon, Iowa Dowagiac, Mich. Dowagiac National Bk. Milwaukee, Wis. Badger State Bank 3 3 1 2 19 2 3 1 2 2 12 2 1 1 6 3 1 4 1 2 2 DISTRICT NO. 8. First National ank First National Bank Arkansas National Bk. First National Bank First National Bank First National Bank First National Bank National Bank of First National Bank First National Bank First National Bank , City National Bk Clarksville,Ark. 15 Cotton Plant,Ark. 2 Fayetteville,Ark. 3 1 Lewlie, Ark. 1 Marshall, Ark. Siloam Sprngs,Alic. 3 Barry, Ill. 9 Benld, Ill. 1 Brighton, Ill. 1 Carrier Mills,111.. 1 Lawrenceville,111. 3 Metropolis, Ill. 1 1,54 DITiICT NO. 8. (Concluded) Shares. 1 Noble, Ill. First National Bank, 1 Ridgeway, IlL First National Bank, 3 Staunton National Bank,Staunton, Ill. Holland National Bank, Holland, Ind. 7 0 ,,inslovi, Ind. First National Bank, Citizens National Bk, Glasgow, Ku. Farmers National Bank, Glasgow, Ku. 3 May field, Ky. First National Bank, Ky. Murray, 4 Bank, National First 1 Scottsville, J. First National Bank, 1 Aberdeen National Bank, Aberdeen, Miss. 1 Citizens National Bank,Corinth, Miss. 1 Itta Bena, Miss. First National Bank, Miss. 1 Bank, Rosedrae, National First Me.2 Girardeau, Cape Bank, First National Covington, 1:y. First National Bank, DIOTRICT NO. 9. Merchants National Bank,Milbark, "3. 6 Dakota National Bank, Yankton, S. D. Vermillion, First National Bank, 1 Frankfort, S. D. First National Ba-,:jc, Cavalier County Natil.Bk. Langdon, N.. 3 Forman, N. First National Bank, 1 Stanley, T. First National Bank, 1 McHenry, N. First National Bank, I.edwood Falls,Minn,3 First National Ba4, Grand Meadow, Minn.3 First National Bank Argyle, Minn. First National Bank, 6 Austin National Ban::, Austin, Minn. Deer Creek, Minn.. 1 First National Bank, 1 Frazee, Minn. FlrJt National Bank, 1 Madison, Minn. First National 5 Minneota, Minn. First National Bank, 7 Baudette, Minn. First National Bank, Farmers National Bank, Red Lake Falls,Minn2 Emmons, Minn. First National Bank, 1 Nelson, Minn. First National Bank, 5 Roundul), Mont. First National Bank, 71 S') DISTRICT NO. 9. (Concluded) First National Bank, Anaconda National Bank, First National Bank, First National Bank, Nat'l. Bk. of Manitowoc, First National Bank, First National Bank, Security National Bank, First National Bank, First National Bank, First National Bank, First National Bank, Shares. Baker, Mont. Anaconda, Mont. Hardin, Mont. Geraldine, Mont. Manitowoc, .is. Han ilton, Mont. Saco, Mont. Alexandria, S. D. Abercrombie, N. 1. V. Concord, Minn. St. Charles, 1:inn. Rockland, Mich. 3 1 2 1 1 1 2 1 DISTRICT NO. 10. Sapulpa, Okla. 6 First National Bank, 6 American National Bank, Sapulpa, Okla. Pond Creek, Okla. 1 Farmers National Bank, 1 Perry, Okla. First National Bank, Okla. Stockyard Nat'l.Bk.Okla. City, Okla. 30 Amorican National Bank, Okla, City, Okla. 2 New Wilson, Okla. 1 First National Bank, 12 Miami, Okla. First National Bank, Lindsay, Okla. 15 First National Bank, rland, Wyo. 2 First Naticnal Bank, Rawlins, Wyo. 6 Rawlins National Bank, Laramie, Wyo. 18 First National Bank, Laramie, 4o. 15 First National Bank, 1 Douglas, ';:yo. Douglas National Bank, 1 Shoshone National Bank, Cody, yo. Okla. 3 Bank, Tyrone, National First 3 Okla. Tulsa, Bank, National Liberty 150 Exchange National Bank, Tulsa, Okla. Okla. 3 Bank, Tulsa, National American Okla. 1 Bank, Tecumseh, National Farmers 1 Bank, Talihina, Okla. First National 1 Oklahoma National Bank, Skiatook, Okla. Skiatook, Okla. 1 First National Bank, so DISTRICT NO. 10. (Continued) Shares. First National Bank, 1 Sentinel, Okla. First National Bank, Lawton, Okla. 1 Nat'l Bk. of Kaw City, Kaw Citu, Okla. 1 1 National Bank of Commerce,Hominy, Okla. 2 City National Bank, Hollis, Okla. Hobart, Okla. City National Bank, 1 Miners N-tinnal Bank, Henryetta, Okla. 1 Farmers & Merchants Fairview, Okla. 1 National Bank, First National Bank, ElkOit„ Okla. 1 Cordell National Bank, Cordell, Okla. 1 Oklahoma National Bank, 3 Chickasha, Okla. Beaver, Okla. First National Bank, 2 Merchants & Planters National Bank, Ada,Okla. Nat'l. Bk. of New Mexico, Raton, New Mexico. 6 Stanton National Bank, Stanton, Nebr. 7 First National Bank, Scribner, Nebr. 3 ScottC'luff Nat'l. Bank, Scottsbluff, Nebr. 2 Farmers & Merchants National Bank, Oakland, Nebr. 8 First National Bank, Morrill, Nebr. 1 First National Bank, Lyons, Nebr. 9 First National Bank, Litchfield, Nebr. 1 First National Bank, Hay Springs, Nebr. 3 First National Bank, Grosilan, Nebr. 2 City National Bank, Crete, Nebr. 1 First National Bank, Chadron, Nebr.. 3 First National Bank, Bristoa, Nebr. 1 First National Bank, Arlington, Nebr. 1 First National Bank, AdaIns, Nebr. 1 60 Drovers National Bank, Kansas Citd, Mo. First National Bank, Adrian, Mo. 1 Union Stock Yards. Union Stock Yard 1 National Bank, Lichita, Kansas, Wichita, Kans. Fourth National Bank, 57 National Bank of Commerce,Pittsburg, Kans. 1 First National Bank, Overbrook, Kans. 1 DISTRICT NO. 10. (Concluded) Shares. 1 Natoma, Kans. 1 Marion, Kans. 3 Luray, Kans. Kansas City, Kans. 60 2 Highland, Hans. 1 Harper, Hans. 3 Galena, Hans. Con'.vay Springs, Kans3 1 Beattie, Kans. 1 Atwood., Hans. Arkansas City, Hans.1 6 Alma, Hans. 13 Yuma, Colo. 6 Longmont, Colo. Hugo, Colo. 1 Hayden, Colo. Greeley, Colo. Glenwood Springs, 45 Colorado. 1 Colo. Craig, Craig National Bank, Springs, Colorado Springs Natl. Bk. Colorado Colorado, 1 Oklahoma Stato National Bk.Clinton, Okla. 1 Hydro, Okla. First National Bank, 1 Waurika, Okla. First National Bank, 1 Okla. Sayre, Beckham County Nat'l. Bk. First National Bank, Marion National Bank, First National Bank, Commercial National Bank, First National Bank, Nat'l. Bk. of Harper, Galena National Bank, First National Bank, First National Bank, Farmers National Bank, Security National Bank, Alma National Bank, First National Bank, Longmont National Bank. Hugo National Bank, First National Bank, Greeley National Bank, First National Bank, 662 DISTRICT NO. 12. 38 Calexico, Cal. First National Bank, 1 Wash. Blum, Ole First National Bank, 2 Cal. Nuys, Van First National Bank, San Fernando National Bank,San Fernando, Cal. 2 79 _.....-------3.6 Sacramento, Cal. Capitol National Bank, GRAND TOTAL __-----•-6-1 Formal alpproval was given to the change in the commodity rate for the Federal Reserve Bank of Atlanta from ae, to 3%, the latter being the rate in the Federal Reserve District of Dallas. This change had previously received initial approval. a At 11:40 A. M. the meeting of the Executive Committee adjourned.
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