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748 A meeting of the Board of Governors of the Federal Reserve System was held in Washington on Wednesday, Ally 13, 1938, at 11:00 a. m. PRESENT: Mr. Mr. Mr. Mr. Eccles, Chairman Ransom, Vice Chairman Szymczak McKee Mr. Morrill, Secretary Mx. Carpenter, Assistant Secretary Mr. Clayton, Assistant to the Chairman Consideration was given to each of the matters hereinafter reto and the action stated with respect thereto was taken by the Board: The minutes of the meeting of the Board of Governors of the Federal Reserve System held on July 12, 1938, were approved unanimously. Memorandum dated July 8, 1938, from Mr. Currie, Assistant Director of the Division of Research and Statistics, recommending the appointment on a temporary basis for a period of three months of Miss Agnes 11°111a4 as a junior economist in the Division, with salary at the rate of $200.00 per month, effective as of the date upon which she enters upon the performance of her duties. Approved unanimously. Memorandum dated July 9, 1938, from Mr. Morrill recommending that Russell Anthony Accrocco be appointed as a porter and assigned to the Building Operation and Maintenance unit of the Secretary's Office Nith salary at the rate of $1,080 per annum, effective as of the date 749 7/13/38 -2- upon which he enters upon the performance of his duties after having passed satisfactorily the usual physical examination. Approved unanimously. Memorandum dated Ally 11, 1938, from Mr. Morrill, recommending that (1) Reginald C. Power, elevator operator, be promoted to the position of guard with salary at the rate of 41,500 per annum, effective immediately; and (2) Benjamin R. Reading be appointed as an elevator Operator with salary at the rate of 41,200 per annum, effective as of the date upon which he enters upon the performance of his duties after having passed satisfactorily the usual physical examination. The recommendations were approved unanimously with the understanding that the promotion of Mr. Power would became effective on Silly 16, 1938. Thereupon the meeting ad Chairman. med.
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