Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, May 28, 1948, Volume 35, Part 2

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

gfr,f
Minutes of actions taken by the Board of Governors of the
Peder.,
ql Reserve System on Friday, May 28, 1948.
PRESENT:

Mr. Eccles, Chrirman pro tern
Mr. ,zymczak
Mr. Draper
Mr. Evans
Mr. Clayton
Mr. Hammond, Assistant Secretary
Mr. Morrill, Special Adviser
Mr. Thurston, Assistant to the Board

Pe

Minutes of actions taken by the Board of Governors of the
e
Reserve System on May 27, 1948, were approved unanimously.

Telegrams to the Federal Reserve Banks of New York, CleveRichmond, Chicago, St. Louis, Minneapolis, Kansas City, Dallas,
41t1
Francisco stating that the Board approves the establishment
'4441.°14

change by the Federal Reserve Bank of San Francisco on May 25,

F
ederal Reserve Banks of Chicago and St. Louis on May 26, and
.e

Federal Reserve Banks of New York, Cleveland, Richmond, Minne4p()lis)
Kansas City, and Dallas on May 27, 1948 of the rates of
ci4eNht and
purchase in their existing schedules.




Approved unanimously.

tssistant Secretary.