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tHSS Minutes of actions taken by the Board of Governors of the efzierEti Reserve System on Friday, December 2, 1949. PRESENT: Mr. Mr. Mr. Mr. Mr. McCabe, Chairman Eccles Szymczak Draper Clayton Mr. Mr. Mr. Mr. Carpenter, Secretary Sherman, Assistant Secretary Morrill, Special Adviser Thurston, Assistant to the Board Minutes of actions taken by the Board of Governors of the ee ' 41 Reserve System on December 1, 1949, were approved unani4°1181Y. Telegrams to the Federal Reserve Banks of Boston, New York, Philadelphia, Atlanta, Chicago, St. Louis, Kansas City, and 411t, ' I'ancisco stating that the Board approves the establishment with°IA change by the Federal Reserve Bank of San Francisco on November bY the Federal Reserve Banks of Atlanta and Chicago on November the Federal Reserve Banks of New York, Philadelphia, and 44s48 City on December 1, by the Federal Reserve Bank of St. Louis (14 rieceraber 2, 1949, and by the Federal Reserve Bank of Boston today °I 'the rates of discount and purchase in their existing schedules. Approved unanimously. Memorandum dated December 1, 1949, from Mr. Thomas, Economic leerto the Board, recommending the appointment of Miss Dorothy lioee pe rkins as a clerk-typist in the Division of Research and 1859 - Steistics on a temporary indefinite basis, with basic salary at the rate of $2,450 per annum, effective as of the date upon which She .ters upon the performance of her duties after having passed " the usual physical examination. Approved unanimously. Letter to the Federal Reserve Bank of New York, reading as rolloys: "The Board has received Mr. Clarke's letter of 11°vember 18 informing us that the services of Mr. Alan Holmes, of the Research Department of your Bank, h,ave been made available to a committee of the United etions for a period of about one month for a study °f the relations between economic stability, full emand related Government policies. The Board c°11cur5 in this action and is confident that Mr. Holmes' services will be valuable to the United Nations and also to the Federal Reserve System." Approved unanimously. Letter to Mr. Shepard, Federal Reserve Agent at the Federal Ye Bank of Minneapolis, reading as follows: "In accordance with the request contained in Mr. Pev.4,J'on's letter of November 29, 1949, the Board of ,7vernors approves, effective December 1, 1949, the l'Yment of salary to Mr. John Johnson, Alternate As'lstant Federal Reserve Agent, at the rate of $4,800 Per annum." Approved unanimously. Telegram to the Presidents of all Federal Reserve Banks, 4 as follows: rat4 "The Board plans to reprint Regulation T incorpo'ng the amendments to July 20, 1949 (including 12/2/49 -3- tt_ Amendment No. 10) and we should appreciate your : 1 iring us how many copies of the reprint you would like us to send you. We contemplate sending the 4%7 reprint from here (as we did the April 1, 1948 reprint) to each broker or dealer registered with the Securities and Exchange Commission (including all members of exchanges) and to the branch office list of the National Association of Securities Dealers with an enclosed note stating that additional copies may be obtained from the Federal Re8erve Bank of the district. /ifAF 1,z Approved unanimous .4116fr Secretary. Approved: Chairman.
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