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161
A meeting of the Federal Reserve 13‘oLa-d, was held in the
office of the Board on
ILDR:33E1IT

ursda7,Tebraary 24th, 1021. at 12

Vice Governor Platt
17r. Tramlin
1:r. 17111er
Mr. Wills
1.7r. IToxton, Secretary.

PRiST //SO:
::r. Logan_ General Counsel.
7-inutes of the meetincr. of the Board held 7obruary 23d
were read and. on motion, aorroved as amended.
- ositions of the
The Vice Governor reoorted_ tio reserve )
several 7edera1 Reserve banks as at close of business February
21st, and the status of rediscounts between the Federal tlesorve
banks as of the same date.
The Vice Governor reported mai sco -ant transact iorrs, member bank ,)romis a)r,7 not es secured
rate 7

1,1overirnent °la

at ions

as follows:

Date

Bank rediscountinDallas

2eb. 23

7,Tith

Amount

Cleveland

.'%5,000,000

1.-aturities
11-15 dys.

T7emorarrium dated 2ebr-cary 24th from the General Counsel,
drawn in a..ccordn-qce with the action of the 7oprd_ at its Ire et jag
ye torday, with reference to letters patent covering the forms
Of vault construction developed as a result of the e::-.-crience obtallied_ from the vault test conducted by the 2oderal Reserve 7oard.
Upon motion, General Counsel was directed to
prepare a letter in acconiance with the terms of his
memorandum for governor Tio.rdinF;'s signature.




162
1Z2,
Dat oJ

C0;7-I12

]
.

ebrum-y 23rd

Zebrursry 23rd,

Dated

t h.

Dated February 23rd,

Dated 2
- .ebrua'y 23rd,

1:

.!-end5,n:7 cha nrfes Ia. to 6: at 7ederal
L..:ii. as set forth. in the aty iliary minute book as of this date.
fro ved •
,_)rov-,1 of admission of
7cco .za„ndi nfate inst it uti oils, as s et fort-1 in the
aul-i1iar a1nute bock as of this
t e,
sub,lect to the individual /el)o rt s attached
to cac L,._) )11 Cat on.
ov ed.
Teco -2,1011Ci. 11 that a-dtho rit be ivea to
io
'banks to eurcnase stock
certain
in cor9ortti ens or7,nized under the Ed -70
minute
Act, as set forth in the aux
book as of this date.
or eyed.
2_,_nouncinc; the appointment of 7.-r. Charles
1. -Till ett as l'essen:;cr Boy in the ?eder al -Zose rve Issue f P.e.:_eiroti on Division,
at a salary of 6.00 per annum.
Loproved.
fninounciun the aopointme nt of Mrs. Viola
C. "P,icIa;r as Cl u.k.-Counter in the Federal
Tledempt i on Division.
7.es e::.ve Issue
salary of "1,020 per annum.
A iyo 20 lied.

At 1:00 p.m. the meetin': adjourned.

aeoretary.
A pro veek

Vice




over nor.