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At a meeting of the Execative Committee of the
Federal Reserve Board held in the office of the Governor
on Monday, July 16, at 4 p.m.,
PALaiNT:
1,:r. Harding, presiding,

Mr. Miller,

Mr. Delano,

Mr. Willis, ,Secretary.

Mr. Delano presented a telegram received from
Federal Reserve Agent Perrin stating that the City of
Ogden, Utah, would prefer not to have been designated
as a reserve city, and asking that the designation be
revoked, also a reply for transmission over the signature of the Governor calling attention to the fact that
the application had been conveyed to the Board as late
as May 7, 1917.

On motion, the reply was authorized.

t_

Mr. Delano, on behalf of the Committee on Staff,
presented two reports with reference to salaries at Federal reserve banks, the one approving salaries proposed
by the Federal Reserve Bank of New York in a letter of
July 11, the report thereon being dated July 16iithe other
relating to salaries proposed for the Federal Reserve
Bank.

edera1
The salary increases authorized for the 7

Reserve Bank of Atlanta aggregated

4




;.:46.03 per month.




On motion, both reports were approved, and the Secretary
directed to notify the Banks accordingly.
On motion, at 4.10 p
APPROVED:

Chairman.

the Committee adjourned.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102