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174o

Minutes of actions taken by the Board of Governors of the
Federal Reserve System on Thursday, November
PRESENT:

Mr.
Mr.
Mr.
Mr.

3 1949.

McCabe, Chairman
Szymczak
Draper
Vardaman
Mr. Sherman, Assistant Secretary
Mr. Morrill, Special Adviser
Mr. Thurston, Assistant to the Board

Minutes of actions taken by the Board of Governors of the
Fecieral Reserve System on November 2, 1949, were approved unaniraollsly.
Mr. Sherman reported that the Comptroller of the Currency
to

issued a call on all national, banks for reports of condition
f the close of business on November 1, 1949, and that in ac-

"alice with the usual practice, a call would be made on November

'
7 1949) on

behalf of the Board of Governors of the Federal Re-

61.1ie System on all State member banks for reports of condition as
of the same date, to be made on forms furnished with the Board's
lett

of November 2, 1949.




The call to be made on behalf
Board was approved unanimously.
the
of

s
Chairman.