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91 A meeting of the Board of Governors of the Federal Reserve SYstem was held in Washington on Monday, January 18, 1943, at 11:00 a.m. PRESENT: Mr. Mr. Mr. Mr. Mr. Eccles, Chairman Ransom, Vice Chairman Szymczak McKee 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 hereina fter lietelired to was taken by the Board: The minutes of the meeting of the Board of Governors of the Federa:Li, 4eserve System held on January 16, 1943, were approved unanimously. 'Memorandum dated January 15, 1943, from Mr. Morrill, recommending that Miss Madeline E. McCue and Mrs. Exa V. Damon be appointed as Junto,. Perioa file clerks in the Secretary's Office on a temporary basis for a Of six months, each with salary at the rate of $1,440 per annum, " tett' lve as of the respective dates upon which they enter upon the per-. l" ee of their duties after having passed satisfactorily the usual 11)11Y'31-e8.1 examination, with the understa nding that if their services Pl'e've sa tisfactory a recommendation will be made that the appointments be ilia, kLe permanent. Approved unanimously. tor, or Memorandum dated January 15, 1943, from Mr. Goldenweiser, Directhe Division of Research and Statistics, submitting the resignation 92 1/18/43 —2- ' r lass Elizabeth C. Fischer as a draftsman in that Division, to become effective as of the close of business on January 15, 1943, and recommend14 that the resignation be accepted as of that date. The resignation was accepted. Letter to jr, Paddock, President of the Federal Reserve Bank °t Boston, reading as follows: "Reference is made to MT. McRae's letter of January 11, p43, advising that Robert C. Robertson, Jr., who according 5:0 previous advice had left the Reserve Bank on December 18, 42, for induction into the Armed Forces, was rejected and n18 classification changed to IV—F. "The Board notes with approval that Mr. Robertson is ! e.e g his duties as an assistant examiner for the Fed— Reserve Bank of Boston effective as of January 12, 1943.n Approved unanimously. Letter to Mr. Shaw, Secretary pro tern of the Federal Reserve tarik of Atlanta, reading as follows: .„ "Referring to your letter of January 9, 1943, the Board •;4 Governors approves the reappointment of Messrs. W. IC re4011, Andrew U. Lockett, John E. Sanford, I. C. Milner, !nd George Winship, as members of the Industrial Advisory 010nattee for the Sixth Federal Reserve District for terms ° I one year each beginning March 1, 1943. "Your letter showed the business connections for each the above men, but in order that our records may be cora— . 4-etes it would be appreciated if you will advise us of the '"itions occupied by the men in the respective companies." Approved unanimously. sazi Letter to Mr. Hale, Secretary of the Federal Reserve Bank of Prnn --else°, reading as follows: 1943 "Receipt is acknowledged of your letter of January 7, advising that all of the officers at the Bank, with 93 1/18/43 -3- "the exception of the President and First Vice President, 'hose terms of office are governed by the statutes, have "en reappointed for the calendar year 1943, and that the f0110wi4g new officers have been appointed. "In accordance with the request contained in your letthe Board of Governors approves the payment of salaries tO the new officers for the period January 1, 1943 to April 3O, 1943, at the rates fixed by your directors as follows: Name Annual Title Salary D, E.it Assistant Cashier, 40500 Head Office Herbert D. Armstrong Assistant Cashier, 4,800 Head Office W. D. Durran Assistant Manager, 4,800 Los Angeles Branch D. E. Simms Assistant Manager, Salt 4,500" Lake City Branch Approved unanimously. Thereupon the meeting adjourned. Secretary.
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