Full text of Minutes of the Board of Governors of the Federal Reserve System : Meeting Minutes, October 7, 1921, Volume 8, Part 2

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A meeting of the Federal Reserve Board was held on 1,riday. October
7 ifo„
at 10!30 a.m.
PRESENT: Governor Harding
Mr. Platt
Mr. Hamlin
Mr. Miller
Mr. Mitchell
Mr. Hoxton, Secretary.
Telegram dated October 6th, from the Chairman of the Federal Re13erve Bank
of Boston, advisi ng that the Board of Directors of that Bank
114(1 est
ablished, subject to the review and determination of the Federal
Iteserve Boa rd,
a minimum rat e of 4% upon open market purchases of bankers
"ePtazio es.
Approved.

At 10:35 a.m. the meeting adjourned.