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62 Minutes of actions taken by the Board of Governors of the Federal Reserve System on Tuesday, January 17, 1950. PRESENT: Mr. Mr. Mr. Mr. Mr. McCabe, Chairman Eccles Szymczak Draper Vardaman 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 Pederal Reserve System on January 13, 1950, were approved unanimously. Memorandum dated January 6, 19)01 from Mr. Young, Director of th45 Division of Research and Statistics, recommending an increase in the basic salary of Mrs. Dorothy Reeves, a secretary in that Division, freĀ°111 $3,850 to $4,075 per annum, effective January 22, 1950. Approved unanimously. Memorandum dated January 16, 1950, from Mr. Bethea, Director t the Division of Administrative Services, recommending that the ' lesignation of Albert C. Bain, a telegraph operator in that Division, be accepted to be effective, in accordance with his request, at the Close of business February 10, 1950. Approved unanimously. Letter to The Honorable, The Comptroller of the Currency, ' leexling as follows: "It is respectfully requested that you place an 63 1/17/50 -2- "order with the Bureau of Engraving and Printing supplementing the order of June 20, 1949, for printing Federal Reserve notes of the Federal Reserve Bank of Dallas in the amount and denomination stated below: Amount Number of Denomination sheets $3,000,000" Approved unanimously. Memorandum dated January 11, 1950, from Mr. Chase, Assistant Saicitor, recommending, for the reasons stated therein, that $1,150 be added to the item of traveling expenses in the 1949 budget of the So licitor's Office. Approved unan/41' 411011)*Ier: Secretary. %roved: