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773

At a meetini; of the Federal Reaerve Board, held in
the office of the Board on Thursday, October 30, 1919, at
11 A.:.:.,
2*.ir1: The Governor
Ur. .Arauss
L:iller
7,1r. Hamlin
Uhapman, Secretary.
=flutes of the meetings of the Federal Reserve Board
held on October 22d, 23,1 and 29th were read, and on motion
approved.
Business was presented and disposed of as follows:
The Governor reported the purchase of special

cer-

tificates of indebtedness of the United States for deposit
with the Comptroller of the Currency as collateral for Federal
Reserve bank notes, as follows:
For iederal Reserve Bunk of:
Kansas City,

Date

A;ount

0ct.29th

,503,000

Approved.
The Governor reported rediscount transaction, pursuant to authority heretofore vested in him: member bank
promissory notes secured by Government obligations; rate 4'70
on paper secred by certificates of indebtedness and .11*;:, on
paper

ccured by Liberty bonds and Victory notes, as follows:

Bank Rediscounting
Oct.28th Atlanta
Date




Voted.

7;ith
Chicago

Amount
„;;1,UJO,u00

Laturities
11-15 days

btwe.er.

in the ieerzil
ing analysis of ,,tate

relati

aa..1 ai 4- .r1

banks.
Ordered c1rc7I1atod and Locketed for
meetin of the 3oard on TI).00day, November
4th.
or
Oct,

Oat.

NO. 1 h,r
rnirg f.dmission of ...tate
f'crth in the L1J_IlL.!.ry
tions
book o of this dte, subject t the
cutinostatTea in the indivIdal
attaoha to eaatt

Ll1Oct1Ofl3 for
th, rac*,1 - :4a 4 ic;n
t
. ,t7rth in the
as
of this date,
minlIte book
Lrovod„

Oct. 3Oth, (.e reorts ruct=ending changes In too
at Peder.lrve banks as set forth .1n
the
minute book as of this•date.

roval of apdlication of
roith to erv. :Lt the same
an officer of the BarL
7
on officer and director 'of the .J.ssion
and as a directer of the :,:iosionavro
:3ank4. all of ..;an PrancIsoo, C41.
roved.

Dated Cot. 33th, recc•nrr:1




in submitted Ln index digest of the I.JrincipL1
words, etc.,

th.

Aldrich Llonetury Commission bill

ccm-

d with trio Federal Reserve Act aa amended.
Ordered mimeographed for confident
of the Board.

I use

At 11-50 A.1.1., the meeting adjourned.

Secretury.
Approved: