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19 rrootin::, of the Federal Reserve Beard was hold in the office of the Board on 1ecines(12.7.r, 7 7::.,.roh 9 - th, 1921, at 11:35 ES : Vice "1-overn or Platt r. T-Toml in 7r. T'iller 7:r. 7o::toil, fiecretary. :Tinutes of the meetin'; of the Board held :•nrch On were read and, o motion, a-) pno v ed.. The Vice Governor reported the reserve positions of the sev- eral Federal Reserve banks as at close of business T.-,rch 7th, and the status of rediscounts between the Federal Reserve banks as of the sane date. ?he rnor rororteci red'scout transactions r10 rh or bank promissory notes secured .7 TOV t 1! om-,, rate 7,, 2-11.1 ( tj aS fo 11 or,-is Dat e Bank rediscountin_a_ Larch 6th "Dallas '.7ith Cleveland Amount ..aturities ,000,000 11-15 days Letter dated Larch 7th, from the Controller of itcininistraticii Of the Federal Reserve Taaiz of 'New York, sulDmitting names and salaries of employes vLose services were discontinued dur 1:1 the month at. February. Feted. Letter dated Yarch 2d, from the Cir,i nnfai of the Federal se.rve 730,nic of San ",;1raneisco, advising the Board of the r..., ,ygointment Of .r. L. C.,.Pont ious as Assistant Deputy cloven-1°r of that 7C.2.1:17_, at 200 -2- a 50.1 o: t,1121121T1. 2j)prover3. Letter acted. - rrch 7th, from the Doryuty lovornor oi the ThdC3J, 2oscive 71;L:i]k of (116-velaild, srl,rnitthr; lists of increases in sal aries of enkdo:res at th: t bank, effective Mardi 1, 1921. Aporo ved. Lotter dated 7-arch 7th, fa.vm the Acting Com_troller of tile Curi-eAcy, reqmstinf; a9)roval of a salary of `2,400 per ahntm to be Paid_ to hr. Keinieth 'j. ":2horruson. 7ation<21 lsnk4,t,:arniner in the Third -?oderal eserve Di strict. 2,1?proved. OR TS- OF T. 1: Dated, T.Tarch Oth, Rocorrimendin cir.nes in stock at .1:'od; , ,-; - ral TloserVe beaks as set forth in the •atmiliary minute book as of this dote. • upi ved. Date .4Thrch 8th, 7eco inendin admission of '3tate institutions. as sot forth in the avc:ilit-lr- minute Look as of this date, sul):4-ct to the individrrj rc.)oa..ts attached to ec ar.)-D1 cati on. • pprov ed. Dcttecl 1071 1 Ot71,' ‘- ec0lane1t2,1n,-; hori t:- he a VW' to crtz. in Totional ban,:s to purchase stock in coroorations organized under the 7,d7o ./.ct, on set fort-7' in theminute 'book as of this date. $ prov ed. :71 -t}^ r, Dated 1:arch 8th, -1),ecormerdin' aP)rovr.a of a.,Tlication of :'r. K. P. Meat to serve at the saire t line as director of the -ational 7:ciik of Commerce and as director of the Swope ?ark 'State Bank, both of Kansas City, 7'o. Ap-oroved. Dated Iarch 8th, Beconincnh1n" al) )ro val o the aphlication of :`r. A. 7ov,man to serve at the same time as director and officer of the ""ational Ballic of Commerce, as director of the Sterlino; State B)alik and as director of the Kansas City Terminal Trust -1(:)m,)aily, all of Kansas City, o. A .).. ;)- rovoil. Dated 7 -Lu•ch 8th, "ecorrrnendinn: aporoval of the apoliaaction of 7-r. K. 7. Kea to servo at the some time as director of the Bat ional Pank of no-.)-:erce, mid the Cit-7 Bank, both of Kansas Cit:r. "o. Apnrovod. Datoii" r ch 8th, 7.00 oiTIn El I dill - ne)mvoJ. of the application of ,"Taries T. -indley to servo at the same time as director and vice prcsir":_e:lt of the of nommrce, of alf,f'S rit7,o. onal as di rector of the " , irst Kational -•.n.k of ',;edan,' ,""ans. and. as director of the ,-ome " at c) Lai --an'f: of Palley. Unacas. vcd • Dated Karch 8th, BOcOmIOnd1IO aprovd of the a.o)licr.tio-,- of Boss to serve at the sme time as auditor of the 7ational Bank of Arizona, Phoenix, Ariz. and as auditor of the drisona 'ationa]. Tank of 2.3cson, 2:_ri Dona . Aijrovod. Dated -arch Oth,7- eco:T.-ccr.,, ,din ...,roval of th.e ti on of r. P. C. icols to servo 1‘..t; the same time as director of the Ttona1 Bank_ of Coirmrce, as director of the '..'est,)ort .Avenue Taik and as director o f the horns 'Ian Coln all of sas it Ao Jr0 ijed. At 12310 p.m. the reetinr:: ad,-lourned. ecretar7. Vic o "rov=or.
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