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1360

A meeting of the Board of Governors of the Federal Reserve
S\18tella was held in Washington on Friday, September 17, 1943, at 11:00

a.•pa
PRESENT:

Mr.
Mr.
Mr.
Mr.

Ransom, Vice Chairman
McKee
Draper
Evans

Mr. Bethea, Assistant Secretary
Mr. Carpenter, Assistant Secretary
Mr. Clayton, Assistant to the Chairman
The action stated with respect to each of the matters herein-

atter

referred to was taken by the Board:
The minutes of the meeting of the Board of Governors of the

Nes_
'al Reserve System held on September 16, 1943, were approved unanikousiyi
Telegrams to Mr. Paddock, President of the Federal Reserve
tatik of
Boston, Messrs. Treiber and McCreedy, Secretaries of the Fed-

eraa

Ieserve Banks of New York and Philadelphia, respectively, Mr.
'
tieljar.
In, President of the Federal Reserve Bank of Atlanta, Mr. Dillard,
President of the Federal Reserve Bank of Chicago, and Messrs.
Nwa
rt and Hale, Secretaries of the Federal Reserve Banks of St. Louis
artd s
an Francisco, respectively, stating that the Board approves the

ktab .

llshment without change by the Federal Reserve Banks of St. Louis
arlci 3
41. Francisco on September 14, by the Federal Reserve Bank of
'

Atiant
4

on September 15, by the Federal Reserve Banks of New York,

elphia, Chicago, and San Francisco on September 16, 1943, and
4 th
e Federal Reserve Bank of Boston today, of the rates of discount




1361.

9117/43

-2-

44 Purchase in their existing schedules.
Approved unanimously.
Memorandum dated September 15, 1943, from Mr. Goldenreiser, Di'of the Division of Research and Statistics, submitting the resigl'ectOr
111114°n of Martin Krost as a Senior Economist in that Division, to bec°/116 effective as of the close of business on September 15, 1943, and
ec°111a1ending that the resignation be accepted as of that date.
The resignation was accepted.
Memorandum of this date from Mr. Hooff, Attorney, recommending
that t
here be published in the October issue of the Federal Reserve Bul110411
statements in the form attached to the memorandum with respect to

the foilowirig
subjects:




Amendment to Regulation K
Foreign Funds Control
Treasury Department Releases
Approved unanimously.

Thereupon the meeting adjourned.

Assistant Secretary.

ice Chairman.