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A meeting of the Federal Reserve Board was held in the office

of the

Board on Thursday, November 17th, 19;1, at 11:00 a.m.
PRESENT:

Mr.
Mr.
Mr.
Yr.
Mr.
Mr.

Platt
Hamlin
Miller
Mitchell
Crissinger
Hoy.ton, Secretary

Minutes of the meeting of the Board held November 16th were read
al4 on motion approved.
Mr. Crissinger stated that had he been present
at the meeting of yesterday he would have voted
with Mr. Mitchell in opposition to granting authority to the Bank of Italy of San Francisco, to establish any additional branches.
The Vice Governor reported the reserve positions of the several
eral Reserve banks as at close of business November 15th, and the status
°I* rediscounts between the Federal reserve banks as of the sane date.
Memorandum dated November 17th from the Assistant Secretary of the
Boa
rd recommending that the Board apProve certain proposed changes in the
to
lln of daily statement (Form 34) rendered by the Federal Reserve banks to
tile
rederal Reserve Board.
Approved.
Letter dated November 17th, from the Comptroller of the Currency,
14esting approval of a salary of3000 per annum to be paid to Mr. Howard

Lahrn

arl, National Bank Examiner in the Tenth Federal Reserve District.
Approved.

At 11:30 a.m. the meeting adjourned.

secretary.
Approved.

Vice Governor



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S.