View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

91"

a meeting of the Federal Reserve Board
held In the o_fice of the Board at 11:10 A. M.
::enday, September 11, 191L;,
PRESENT:
r.

Governor Hardinc, Dresidig,
Mr. Hamlin,

Mr. "illiams,

arburg,

Mr. Miller,

Mr. Allen, Secretary,
The minutes of the meeting of the Board
on Sept.imber 8th, and of the Executive Committee
of the Board on Saturday, Septelaber 9th, were
approved, the action taken by the Executive Committee being ratified by the -oard.
Mr. :iller, for the Committee on Audit
and Examination submitted
.report approving
. t
salaries recommended for National bank examinerc
by the Comptroller of the Currency as follows:-




That the appointment of
1.
as National sank Examiner in
deral Reserve District, vice
leher, deceased, at a salary
be ay)proved.

T. J. Goodwyn
the First FeEx=iner Kelof V2,400,

2.
That the appointment of G. B. Wilkinson
as National Bank Examiner in the Second Federal Reserve District, vice Examifter McFall,

0




deceased, at a salary of 02,400 per annum,
be approved.
That the appointment of M.
Prentis
3*
as National bank examiner in the Fifth Federal Reserve District, vice Examiner K. B.
Cecil, transferred to the Third Federal
Reserve District, at a salary of 02,400 per
annum, be approved.
That the appointment of T. M. Williams
4.
as National Bank Examiner in the Tenth Federal Reserve District, vice Paul S. Woods,
resigned, at a salary of 03,000 per annum,
be approved.
5.
That the appointment of P. C. Berg as
Federal
National bank: examiner in the
Reserve District, at a salary of 03,000
per annum from September 5, 1916, be approved.
A letter from the Commercial National
Bank of raiskogee, Oklahoma, was presented, calling
attention to the fact that Class B Director Li A.
Wilson of the Federal Reserve Bank of Kansas City
is no lonter a resident of Oklahoma.

Governor

Harding, for the Executive Committee, recommended
that a letter be written to Kr. Vinson calling
attention to the situation and this was approved
by the Board*
A request for c;1,500,000 in Federal

reserve notes from the Federal Reserve Agent
Richmond was approved, the notes beinc in the
following d nominations:ff
vD00,000.
520,000.
480.000.
1.500.000.

in fives,
in tens,
in twenties,
Total

Mr. Miller Chairman of the Committee
on Bulletin, reported upon the complaints made
because of the printing in the New Yon: Times of
rerorts of Federal Reserve Agents on business
conditions before the release of the Bulletin
in Washington, recommending that Agents be instructed that their retorts ma;,- be released to
newspapers in their own districts only for publication in afternoon papers on October 2d, and
alternating thereafter between afternoon and
morning papers, on the second day of each month,
other matter in the Bulletin to be made public in
Washington.

This report was approved.

The following applications for stock
were approved:-







APPLICATIONS

iFoa

STOCK.

DISTRICT No.
First National 13,,lak,

Shares.
Elysburg, Pa.

18

18

First National Bank, :
1 A11iamsburg, Va. 24

24

DISTRICT No. 5.

DISTRICT NO. 8.
First National Bank,

Holly Springs, Miss.

30

First National Bank,, Gladstone, Mich. 35
First National Bank, Poplar, Mont.
18
Total

53

DISTRICT No. 9.

.........••••••=1..•••••••••••

APPLICATIONS FOR SUNDER OF STOCK.
DISTRICT No. 6.
First National Bank,

Shares.
Columbia, Ala.

20

DISTRICT No. 10.
National.Bk. of Valb r,

Wilber, Nebr.
30
Total

A memorandum from Mr. H. N. Dulany, Jr.,
in charge of Clayton Act work, forwarded to the
Governor of the Board by CounsA., requesting that

20

923

ai additional stenograph3r be assizned to

Co

'office, was re±erred to the Corranittee on Organi
tion, Expenditurep

and Staff.

At 11:30 A. II. the Board adjourned to
meet at 10:00 A. M. Tuesday, September 12

APPROVED:




1916.

l's
AIM