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15

At a meeting of the Executive Committee of the Federal
Reserve Board held in the office of the Board on Wednesday, November 10th, 1920, at 11 a.m.
PRESMIT: Mr.
Yr.
Yr.
Mr.

Platt
Hamlin
Miller
Hoxton, Secretary.

Minutes of meeting of the Board held Hoveber 9th were
read, and on motion approved.
The Vice-Governer reported the reserve positions of the several Federal a?.eserve banks as at close of business November 8h,
and the status of rediscounts between the Federal Reserve banks
as of the srIrre date.
The Vice-overner reported rediscount transactions, member
bank promissOry notes secured by Government obligations; rate
and ri on commercial
Date

Nev.
Nov,
Nov.
Nov.

8th,
9th,
9th,
9th,
9th,

paper, as follows:
With

Bank Rediscountin
Atlanta
Kansas City
Minneapolis
Dallas
Atlanta

Cleveland
Cleveland
Boston
Cleveland
Cleveland

Amount

3,507,500.
5,000,314.50
2,000,000.
6,000,000.
2,050,000.

Maturities

15 days
9-13 "
1-90 "
••••

15 "

RE2ORTS OF COITIT=ro. 1:
Dated Nov. 9th, Recommending changes in stock at Federal Reserve Banks as set forth in the Auxiliary
Minute Book as of this date.
Approved.




016
-2-

Dated Nov. 6th, Recommend!ng approval of increase in salary
from .115,000. to $5500. per aanum for Mr.
E. H. Gough, as Sup ervis ing National Bank
RYaminer for the Eighth aid Tenth Federal
Reserve Districts.
Approved.
Dated Nov. 8th, Recormending approval of salary of 12400.
per annum for Mr. Frank G. Paden, as National Bank Examiner in the Eighth Federal Reserve District.
Approved.
Dated '.:Tov. 6th, Recommending the appointment of Elmer F.
Meyers in the Assistant Federal Reserve
Agent's department of the Houston branch
of the Federal Reserve Bank of Dallas,
at a salary of150.00 per month.
Approved.
At




12:30 the meeting adjourned.

Secretary.