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Minutes of actions taken by the Board of Governors of the
?ederal Reserve
System on Monday, May 29, 1950.
PRESENT:

Mr. Szymczak, Chairman pro tem.
Mr. Draper
Mr. Carpenter, Secretary
Mr. Sherman, Assistant Secretary
Mr. Kenyon, Assistant Secretary

Memorandum dated May 24, 1950, from Mr. Young, Director of
theDildsion of Research and Statistics, recommending the appointc't Miss Bruna Lenzi as a draftsman in that Division, on a
texpor._
'417 indefinite basis, with basic salary at the rate of
Perannum, effective as of the date upon which she enters
111°11

the

151Vsical

Performance of her duties after having passed the usual
examination.
Approved unanimously.

Memorandum dated May 29, 1950, from Mr. Bethea, Director of

the Division

of Administrative Services, recommending increases in

the
basic annual salaries of the following employees in that Division,
effective June 11,
1950:
1\18331e

1;-11t. B.

Hopkins
F. Becker
E• Maloney

)zJaiam

Title
Painter
Guard
Page

Salary Increase
To
From
$3,52)$3,425
2,610
2,530
2,280
2,200

Approved unanimously.
Memorandum dated May 29, 1950, from Mr. Bethea, Director of
the B4
4:vision of Administrative Services, recommending that the
tet4)0
re-rY appointment of Raymond J. Martin as an operator (Duplica-




;(.4()

5/29/50

-2-

tillgDevices) in that Division, be extended on a permanent basis,
effective June 6, 1950, with no change in his present basic salary
at the
rate of $2,450 per annum.
Approved unanimously.
Letter to Mr. Gilbert, President of the Federal Reserve
138`41 of Dallas, reading as follows:
,

"Reference is made to your letter of May 18,
50, advising that your board of directors has designated
L t,'• E. H. Berg as Acting General Auditor, effective May
4-, 1950, and has fixed his salary at the same amount
es he received as Assistant General Auditor.
"The Board of Governors approves the payment of
salary to Mr. E. H. Berg as Acting General Auditor
at the
rate of $7,000 per annum for the period May
11 1
450, through May 31, 1951."

2

Approved unanimously.

Secretary.

441'°ved: