The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
147 A meeting of the Board of Governors of the Federal Reserve /.8teill was held in Washington on Friday, February 7, 1941, at 11:00 PRESENT: Mr. Szymczak Mr. Davis Mr. Draper Mr. Mr. Mr. Mr. Morrill, Secretary Bethea, Assistant Secretary Carpenter, Assistant Secretary Clayton, Assistant to the Chairman The action stated with respect to each of the matters hereinafter referred to was taken by the Board: Telegrams to Mr. Young, President of the Federal Reserve Bank c)f Boston, Messrs. Sanford and Post, Secretaries of the Federal Reserve of New York and Philadelphia, respectively, Mr. Leach, President °f the Federal Reserve Bank of Richmond, Mr. McLarin, First Vice Presi- dent of the Federal Reserve Bank of Atlanta, Mr. Dillard, Secretary of the, rederal Reserve Bank of Chicago, Mr. Ziemer, Vice President of the Pecie ral Reserve Bank of Minneapolis, Mr. Caldwell, Chairman of the FedReserve Bank of Kansas City, Mr. Gilbert, President of the Federal 'rire Bank of Dallas, and Mr. Vest, Vice President of the Federal Re"Bank of San Francisco, stating that the Board approves the estabel' Shinent without change by the Federal Reserve Bank of San Francisco on Febr uarY 4, by the Federal Reserve Bank of Dallas on February 5, by the Ped "al Reserve Banks of New York, Richmond, Atlanta, Chicago, Minneapolis, 'as City, and San Francisco on February 6, 1941, and by the Federal Ree,„ I've Banks of Boston and Philadelphia today, of the rates of discount ' 148 2/7/41 and —2— purchase in their existing schedules. Approved unanimously. Letter to Mr. Hill, Vice President of the Federal Reserve Bank of Philadelphia, reading as follows: "In accordance with the request contained in your letter of February 4, the Board approves the appointment of Henry Benner as an examiner for your bank on a perma— nent basis. Mr. Benner's appointment on a temporary basis was approved by the Board on April 27, 1938. Approved unanimously. Thereupon the meeting adjourned. 41313roved: