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INDEX TO RECOMMENDATIONS OF THE FEDERAL ADVISORY COUNCIL TO THE FEDERAL RESERVE BOARD, 1926 Acceptances Page Tax of 131/2 per cent imposed on discount received by foreign cor poration from American Bankers Sept. 17, 1926 Topic 3 ......................................... 3 Restriction of market Sept. 17, 1926 Recommendation 3 ......................................... 3 Use of domestic bankers acceptances Nov. 19, 1926 Topic 5 ......................................... 6 Agencies Federal Reserve bank, in Cuba Sept. 17, 1926 Topic 1 ..........................................3 Construction in 1926 Feb. 18, 1926 Topic 5 ..........................................1 Building Business conditions Feb. 18, 1926 Topic 1 May 21, 1926 Recommendation 3 Activity increased by installment financing Feb. 18, 1926 Topic 2 Fundamental conditions May 21, 1926 Recommendation 5 Receession in May 21 1926 Topic 3 Call money market May 21, 1926 Construction in 1926 Feb. 18, 1926 ..........................................1 - - - ....................... - 2 ..........................................1 ..........................................2 .......................................... 2 Recommendation 2 .................................- - 2 Topic 5 ..........................................1 Credit Feb. 18, 1926 Recommendation 3 - - - - - ...................1 Extended to central banks in matter of stabilizing foreign currencies not on an effective gold basis May 21, 1926 Topic 1 .......................................... 2 Cuban agencies of Federal Reserve Banks Sept. 17, 1926 Topic 1 ..........................................3 Demand deposits Sept. 17, 1926 ..........................................3 Topic 4 Discounts Page Taxed when received from American bankers acceptances by foreign corporations Sept. 17, 1926 Topic 3 ..........................................3 Discount rates Feb. 18, 1926 May 21 1926 Topic 1 Topic 4 .......................................... 1 .......................................... 2 Eligibility of paper for rediscount at Federal Reserve Banks Sept. 17, 1926 Topic 2 - - - - Federal Reserve Banks, rate and open market policies indications of marked recession in business May 21, 1926 Topic 4 Agency in Cuba Sept. 17, 1926 Topic 1 Control of business conditions May 21, 1926 Recommendation 5 . . - - - 3 in case there are definite ......................................... 2 ..........................................3 ..........................................2 Federal Reserve Board Rate and open market policies in case there are definite indications of marked recession in business May 21, 1926 Topic 4 - - - - ....................... 2 Policy of reducing reserve requirements on demand deposits Sept. 17, 1926 Topic 4 ..........................................3 Regulations Sept. 17, 1926 Recommendation 2 ...................- - - - - 3 Publication of consolidated statement of condition of reporting mem ber banks in two central reserve cities before that of the whole country Nov. 19, 1926 Topic 4 - - - - *....................... 5 Rediscount and open market policies Nov. 19, 1926 Topic 1 .......................................... 4 Use of domestic bankers acceptances Nov. 19, 1926 Recommendation 5 ..........................................6 Federal Reserve System Danger to System if charged with responsibility of promoting stable price level May 21, 1926 Recommendation 5 .......................................... 2 Effect of amendment May 21, 1926 Topic 5 ..........................................2 Responsibilities through credits to central banks in matter of stabiliz ing foreign currencies not on effective gold basis May 21, 1926 Topic 1 .......................................... 2 Financing 1926 Foreign outlook Feb. 18, 1926 Installment Feb. 18, 1926 Topic 4 .......................................... 1 Topic 2 ..........................................1 Financial conditions Feb. 18, 1926 Page Topic 1 - - Hull Amendment Nov. 19, 1926 Recommendation 2 - - - - - - - - _ - 5 Index of prices, average May 21, 1926 Recommendation Indications of recession in business May 21, 1926 Topic 3 ....................... - - - - 2 Installment financing Feb. 18, 1926 Topic 2 - - - - - - - - - - 1 Interpretations of regulations regarding eligibility of paper for rediscount at Federal Reserve banks Sept. 17, 1926 Topic 2 ..........................................3 Loans Function of New York call loans in our banking system as modified by Federal Reserve Act May 21, 1926 Topic 2 ..........................................2 To central banks of countries not on gold basis May 21, 1926 Recommendation 1 ....................... - - - - 1 McFadden Bill Nov. 19, 1926 Topic 2 .......................................... 4 Recommendation of Executive Committee Nov. 19, 1926 Recommendation 2 - - ............................ - 4 Money rates Feb. 18, 1926 Topic 3 .......................................... 1 New York call loans May 21, 1926 Topic 2 .......................................... 2 Open market Policy of Federal Reserve Board Nov. 19, 1926 Topic 1 .......................................... 4 Open market conditions Effect on stabilization of price level May 21, 1926 Topic 5 Outlook For building construction Feb. 18, 1926 For foreign financing Feb. 18, 1926 Topic 5 Topic 4 Outlying banks Reserves required in central and central reserve cities Nov. 19, 1926 Topic 3 - - - - Page - - - - -5 Price level Stabilization of, by rediscount rates and open market operations May 21, 1926 Topic 5 ......................................... 2 Publication of consolidated statement of condition of reporting member banks in two central reserve cities before that of the whole country Nov. 19, 1926 Topic 4 ......................................... 5 Rates Recession in business May 21, 1926 May 21, 1926 Topic 3 Topic 4 .......................................... - - - - - - - - - - to to Discount policy Feb. 18, 1926 Topic 1 - - - - - - - - - - 1 May 21, 1926 Recommendation 4 - - - - - - - - - - 2 Effect of rediscount rates on stabilization of price level May 21, 1926 Topic 5 ......................................... 2 Rediscount Sept. 17, 1926 Topic 2 - - - - - - - - - - 3 Policy of Federal Reserve Board Nov. 19, 1926 Topic 1 ....................... - - - - 4 Regulations On eligibility of paper presented to Federal Reserve banks for redis count Sept. 17, 1926 Topic 2 - - - - - - - - - - 3 Reserve requirements On demand deposits Sept. 17, 1926 Topic 4 - - - - - - From outlying banks in central reserve and reserve cities Nov. 19, 1926 Topic 3 - - - - - - - -- -3 -- -5 Securities market Significance of recent collapse May 21, 1926 Stabilization of price level May 21, 1926 Topic 3 - -- -- -- -- -2 Topic 5 - -- -- -- -- -2 Tax on discount received by foreign corporations from American bankers acceptances Sept. 17, 1926 Topic 3 .......................................... 3
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