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951 A meeting of the Board of Governors of the Federal Reserve 878tem was held in Washington on Monday, June 28, 1943, at 1:45 p.m. PRESENT: Mr. Mr. Mr. Mr. Mr. Mr. Eccles, Chairman Ransom, Vice Chairman Szymczak McKee Draper Evans 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 hereintte referred to was taken by the Board: The minutes of the meeting of the Board of Governors of the Fed- e4.1 Reserve System held on June 25, 1943, were approved unanimously. The minutes of the meeting of the Board of Governors of the Fede41 Reserve System held on June 26, 1943, were approved and the actions l‘ec0 1'ciect therein were ratified unanimously. Letter to Mr. Leach, President of the Federal Reserve Bank of ncl, reading as follows: "This is in reply to your letter of June 16 regarding the PaYment of salary to Mr. J. P. Ureen at the rate of $2,880 per 1111m1, the salary which he has been receiving for a number of 81 ' 8, but which is in excess of the maximum annual salary '2vided . in the personnel classification plan for the position ' which he has been temporarily assigned. "In accordance with your request and in view of the cir4,/.1_18tances reported by Mr. Walden, the Board approves the conit ullation of the payment of salary to Mr. Green at the rate of 3880 for the balance of the year ending December 31, 1943." i Approved unanimously. 952 6/28/43 -2Telegram to Mr. Clerk, First Vice President of the Federal lervie Bank of San Francisco, reading as follows: "Re your telegram June 25, contract is not subject to Regulatl°n W. See W-80." Approved unanimously. Letter to the Comptroller of the Currency, reading as follows: "Referring to our letter of June 15, 1943, it is requested that the order placed with the Bureau of Engraving d.Printing for printing Federal Reserve notes of the 1934 keries during the fiscal year ending June 30, 1944 be amended reducing the number of sheets of notes of the $1,000 de2,0mination of the Federal Reserve Bank of San Francisco from (,°00 to 700, with a corresponding reduction in the amount of such notes from $84,000,000 to $8,400,000." r Approved unanimously. Thereupon the meeting adjourned. in ecrtary-. Chairman.
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