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2212

A meeting of the Board of Governors of the Federal Reserve System

was held in Washington on Saturday, November 21, 1942, at 11:00 a.m.
PRESENT:

Mr.
Mr.
Mr.
Mr.

Eccles, Chairman
Szymczak
McKee
Draper

Mr.
Mr.
Mr.
Mr.

Morrill, Secretary
Bethea, Assistant Secretary
Carpenter, Assistant Secretary
Clayton, Assistant to the Chairman

The action stated with respect to each of the matters hereinreferred to was taken by the Board:
The minutes of the meeting of the Board of Governors of the
Feder ,
al Reserve System held on November 20, 1942, were approved unaniMouely.

Memorandum dated November 18, 1942, from Mr. Paulger, Chief of
the D.
'
vision of Examinations, recommending that George E. Good, an Assistanf
-- Federal Reserve Examiner, be granted leave of absence without
1)r beginning December 1, 1942, so that he might enter active duty with
the IT
united States Army, and that he be granted the benefits provided in
the
111°11-eY adopted by the Board on November 14, 1940, and amended August
0
19411 for all employees entering military service.
Approved unanimously.
Letter to Mr. McLarin, President of the Federal Reserve Bank of
ti
"'a, reading as follows:
0
,

"In accordance with the request contained in your letter
November 9, 1942, the Board approves the appointment of




2213
11/21/42

-2-

:R.
I
Paul Wilson, at present an assistant examiner, as an exPmlner for the Federal Reserve Bank of Atlanta. If the appointment is not made effective on January 1, 1.943, as planned,
Please advise us."
Approved unanimously.
Letter to the Comptroller of the Currency, reading as follows:
"It is respectfully requested that you place an order with
the Bureau of Engraving and Printing, supplementing the order
?f June 17, 1942, for printing of Federal Reserve notes of the
-'934 series of the Federal Reserve Bank of Kansas City in the
follming
amount and denomination:
Number of
DenomiAmount
sheets
nation
$25,200,000"
s420,000
51
Approved unanimously.
Memorandum dated November 19, 1942, from Mr. Smead, Chief of the
1°n

of Bank Operations, referring to the Board's approval

on Novem—

ber. 1 a

of a proposed revision of Form F.R. 105 for use in obtaining re-

"

".8 of condition of State member banks on the forthcoming end-of-year
cE111
) and stating, inasmuch as the Treasury was still desirous of obtainfourfold

breakdown of maturities of United States Government bonds

tl'oM All
--LJ- insured commercial banks as of the end of June and December,
Provi .
810n for the breakdown had been restored to the prol)osed revised
to
114 op
'
call
lieretf
°-ore

report together with a subtotal item in Schedule D which has

appeared in that Schedule.

The memorandum also stated that it

Was
141derstood that the office of the Comptroller of the Currency and the
ederet,
-L Deposit Insurance Corporation were agreeable to making these

chatee„




Approved unanimously.