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Minutes of actions taken by the Board of Governors of the Federal Reserve System on Monday, November 3, 1947. PRESENT: Mr. Mr. Mr. Mr. Mr. Eccles, Chairman Szymczak Draper Evans Clayton Mr. Carpenter, Secretary Mr. Morrill, Special Adviser Mr. Thurston, Assistant to the Chairman Minutes of actions taken by the Board of Governors of the ?ederal Reserve System on October 31, 1947, were approved unaniIlicalsly. Telegram to Mr. Willett, First Vice President of the Fed- Reserve Bank of Boston, reading as follows: "Retel October 30, 1947, Board approves designation of Richard C. Bullen and Stanley B. Lacks as Special assistant examiners for the Federal Reserve Bank of Boston." Approved unanimously. Telegram to Mr. Willett, First Vice President of the Fed' el al Reserve Bank of Boston, reading as follows: "Retel October 30, 1947, Board approves the designation of George E. Wells and C. Herman Gramstorff as special assistant examiners for the Federal Reserve Bank of Boston." Approved unanimously. Telegram to Mr. Carstarphen, Secretary and General Counsel "the Federal Reserve Bank of St. Louis, reading as follows: 11/3/47 -2- "Relet October 29. No objection to expenditures of not to exceed 2000 and $6,500, respectively, for rePlacement of light fixtures on first and second floors of Memphis Branch and in Collection-Transfer Department Of head office." Approved unanimously. Telegram to Mr. Peyton, President of the Federal Reserve Bank of Minneapolis, reading as follows: "Explanatory statement regarding material differences not received with budget report for 1948. Board equests that such a statement be furnished promptly ln accordance with its letter 8-958 of February 4, 1947.” Approved unanimously. Secretary. A PProved:
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