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138 Minutes of actions taken by the Board of Governors of the Federal Reserve System on Tuesday, January 28, 1947. PRESENT: Mr. Lar. Mr. Mr. Eccles, Chairman Draper Evans Vardaman Mr. Mr. Mr. Mr. Carpenter, Secretary Sherman, Assistant Secretary Morrill, Special Adviser Thurston, Assistant to the Chairman Minutes of actions taken by the Board of Governors of the Federal Reserve System on January 27, 19471 were approved unanimously. Memorandum dated January 221 1947, from Mr. Thomas, Director of the Division of Research and Statistics, recommending the appointment of Frank M. Tamagna as an economist in that Division, with basic salarY at the rate of 0,820.40 per annum, effective as of the date Upon which he enters upon the performance of his duties after having Passed the usual physical examination. The memorandum also stated that Mr. Tamagna was a member of the Federal Reserve retirement system and would remain in that system. Approved unanimously. Memorandum dated January 171 19471 from Mr. Thomas, Director of the Division of Research and Statistics, recommending the appointment of Arthur L. Broida as an economist in that Division, on a temPerary indefinite basis, with basic salary at the rate of $41525.80 Per annum, effective as of the date upon which he enters upon the Performance of his duties after having passed the usual physical "aaination. The memorandum also stated that Mr. Broida was a member of the Civil Service Retirement System and would remain in that system. Approved unanimously. 139 1/28/47 -2Memorandum dated January 23, 1947, from Mr. Leonard, Director Of the Division of Examinations, recommending that increases in the basic annual salaries of the following employees in that Division be approved, effective February 9, 1947: Name Frederick Dons Kenneth A. Kenyon Robert Schoenhoff Louis W. Zidek David B. Irons Lawrence H. Bugg Nancy R. Porter Virginia Leaman Robert L. Piper Designation Asst. Federal Reserve Examiner Asst. Federal Reserve Examiner Asst. Federal Reserve Examiner Asst. Federal Reserve Examiner Asst. Federal Reserve Examiner Asst. Federal Reserve Examiner Supervisor, Recording and Stenographic Section Stenographer Messenger Salary Increase From To 4,149.60 $4,400.40 4,149.60 4,400.40 4,149.60 4,024.20 3,397.20 3,522.60 3,021.00 3,271.80 3,271.80 3,021.00 3,021.00 2,394.00 2,093.04 3,146.40 2,544.48 2,168.28 Approved unanimously. Telegram to Mr. Dillard, Vice President of the Federal Reserve Bank of Chicago, reading as follows: "Taxes and fees payable as prerequisite to obtaining license plates in name of purchaser of a used automobile, when paid as Part of the cash price, may be added in computing the appraisal guide value under Part 4 of the Supplement to Regulation W." Approved unanimously. l ir 7 , , . giel Chairman. / 4 # 1 2 . AL Atirliti, Secretary.