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1087 At an adjourned meeting of the Federal Reserve Board held in the office of the Board on Friday December 17, at 3:00 p. m., PRESIITT: Mr. Hamlin, presiding Mr. Warburg Mr. Delano Mr. Harding Mr. Williams Mr. Willis, Secretary. The Secretary or the Board road a proposed draft of the forthcoming annual report. Discussion . ensued and suggestions for chanms were made. The Secretary was instructed to send the report to the printer for the purpose of securing galley-proofs, the same to be distributed to the members of the Board. At 4:30 p. m* the Board adjourned. Pk?62 Oecretary* APPROVED: Chairman*