A
TABLE OF CONTENTS
Page
Abraded Gold, Acceptance 403
AcceptancesAmount of 430
Domestic and Foreign 68
-Referred to Advisory Council 470
Regulation governing purchase of 467
Regulation pending, withdrawn 493
Accounting Forms, Cost of photor.raphing 245
Accounting System 193,205,213,345
Alternative bookkeeping systems
For use of Board ,469
Report on 227,228,230
Robinson, C. C., to install 431
Adamson, W. C. 449
Advisory CouncilDate upon wnich terms of members begin 402
-Invitation to meeting of 438
- McDougal, James B., Letter, Fees for 4854Meeting of 20,426,430
Membership in 350
Method of Payment 498
- Method of Procedure 443
Qualifications of members, Report on 209,214-216
Recommendations desired 451
Report to be distributed among F.R.Agents 217
Stenographic aid for meeting 442
Agricultural Credit Piles 450
Aiken, Alfred L., Governor, F.R.Bank, Boston,Reply to 318
Aldrich-Vreeland Currency, -
Co.limittee on retirement of 416
Discussion 431
Larger redemption fund 480
Aldrich-Vreeland Notes
Federal Reserve notes in substitution for 86
Alien, Sherman P.
Elected Assistant Secretary, F. R. Board 115,117
American Bankers Association
Consultation with select committee 370
Federal Reserve Banks to refrain from membership in 377
:Ionorary Membership by F. R. Banks permitted 439
• Invitation to conference 373
American Surety Company, Reply to 332
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Amendments to Federal Reserve Act
ConsideredMethod of procedure before Senate CommitteeProposedProposed by Hon. l'. R. SmithSection 11, AdoptedSection 16Sections 11, 13, 16, and 18 consideredSections 5208 - 5209, Bill preparedSection 5200
Amherst, Nebraska, First National Bank
Application approvedAnte-Room, For use of BoardAppeals from Decision Res. Bank Org. CommitteeAshville, N. C. American National Bank
Reduction in capitalAssessment, Call for payment of, Cost of '
F.R. Bank, New York, Power to defer payment of
Assistant Counsel, SalaryAssistant Secretary
To countersign all purchased orders
Attorney General, Report relative to Section 22
Opinion ofAudit and Examination, Division created
Salary of ChiefReport dispensed with
Report of committee on
Report on organization of Division
Austin, Richard L., P.R. Agent, Philadelphia
Election
Page
6894;1037104-'
12099-102108
18388-91
86115120
49993'
43020832
140301314290
418300469286286
436,438458-467
432
Balances- Method of liquidating '
Method of settling and crediting between P.R.Banks
Ballenger, Texas, First National Bank
Decrease in capital stock
BaltimoreApplications by committee for hearing
Merchants National Bank - Acceptance of grain
Bank AcceptancesBasis for the issue of
Limit ofNational Banks to receive
Regulations relating to
159
489440
297
33drafts 412
292432432432
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
•
Bank Accentanees (Continued)Report onRequirements
Bank Examinations, Committee onBank Examiners, SalariesBank :Totes, Q5 and .40 engravings ap-TovedBank .ieorts and Statistics
Committee to report on form for handlingBank Reserves
Form for computingBank Statements, Form ofBankers Acceptances
3irculars and Regulations app:ovedPurchase of
Banks, Classification ofBedford, Pa. - First National BankBell and Ellis, Attorneys, Atlanta, Ga. - LetterBennett, R. L.
Letter"Bills drawn in good faith against actually existing
values", Committee to report onDefinition
Birmingham, Ala.Request to be :lade Reserve City
Blackett, B. B.Bonding
Committee onReport of committee
BondsCircular No. 14PurcJase of
Boross, Euene - Letter, Conditions in New YorkBoston, Federal Reserve Bank
Circular Uo. 10, Series 1914 - Letter
Correspondence, Class "3" Directors
Governor, Questions submitted bySalary Of
Hackney, Miter S., Vice 0:lain:Ian
:latter:3 arising in connection withReply to Federal Reserve Agent
Selection of clOvernorBoston Stock Exchange, Opening ofBradford, Pa., First National Bank of
Savings deposit methodsBradley, C. J., Salary increasedBriefs
Request for copies by Governor Strong
Page
432374343445158
332
292407
4703773134777433437
486473
294,331246
340355
326197253
313137,143
311244156314357210430
389484
303
•
•Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Page
Broderick, Joseph A., Chief, Division Audit & Exam. 281,286Salary, LIethod of computing 329
Brooke, H. Y. 282
Date of appointment 351
Elected special examiner 288
Leave granted 398
Salary 296
Bryan, Senator N. P., Letter - Phosphate Rock Paper 488
Budget and Expenditures, ComtAttee on 326
Burlington, Washington, National Bank of
Application approved 430
Burnham, C. E., Norfolk, Nebr.Attendance on meeting American Bankers Assn. 195
Business pending before the Board 366
Committee on 412
Business pending before the Counsel's Office
Report on 382-384
By-lawsAmendments to 245
Governing establishment of branches of
member banks 142
Governing State banks entering system 41 -48
Supplement to 49
Inquiry with regard to proposed 317
By-laws for Federal Reserve Banks
Reply to Federal Reserve Agent Curtiss 343
By-laws for Federal Reserve Board, Committee on 36,51
Committee to report later 57
Report on 72-7Y
Canadian Banks, Report on by 1.1r. Warburg 42
Capital Stock, Payment of -
Not prejudicial to right of appeal a5-486
Report on first installment 219
Central Reserve Cities, Local committees in 84
CertificatesExchange at Jubtreasuries
333
Notice to Kansas City regarding exchange of 334
Certificates of Deposit, Acceptance of 301
Certificates of Ilunicipal Indebtedness
Purchase of by F. R. Bank Chicago 371
Chairmen, Cammittees on Banking and Currency
Conference between 99
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Charleston, S. C.rage
_Application to be made Reserve City 303
Germania Savings Bank 253
Requests by banks to be made Reserve City 253
Reserve City 331Check Clearance
Atlanta 438
Discussion 453
Inauguration of - St. Louis Districtenecks
_Acceptance of
428
299
Clearing of, Referred to Committee No. 3. 367
Clearing of 371.Drawn by Member Banks on F. A. B., St. Louis 414
Exchange charges on Country checks 418
Receipt of - Notice to Chicago regarding 409-410
Regulation governing 327
Regulation relating to acceptance of 323
Chicago, Federal Reserve BankDirectors invited to confer 206
Federal Reserve Agent, C. H. Bosworth, elected 136
Meredith, E. T., elected third director 136
Report of Federal Reserve Bank 329
Request for Federal Reserve Notes 476
Chief Clerk 119,290
Appointment of 193
Circular No. 3., Series 1914 60-64
Circular No. 11, Otdered distributed 318
Circular No. 12 a., To supersede No. 12 364
CircularFarm Mortgage Loans, Limitations upon 488
Foreign ::ortgage Loans 492
Form of Circulars 303
Issue by Federal Reserve Banks 475
2erort on issue of 310
Recording of stock subsctiptions by Member banks 310
Circulars and RegulationsForm for publication
436
Report on form and style of 437,490-492
Citizens Central National Bank, New York 37
Civil Service CommissionStatus of women who took blessengers Examination
484
Class A and B DirectorsRepresentatives in contested cases
143
Class 0 Directors 116-117,122-124
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
I?
PageClass 0 Directors (Continued)
Apportionment of Districts among Board members 41-42As Counsel for Federal Reserve Banks 287Candidates favorably reported 109
Date for consideration, August 25, 1914 65Discussion 156,209Form of letters of notification 172Houston, Hon. David 3., Conferred, Dallas - St.Louls 158Letters to, approved 173Qualifications 41Report on candidates 112-114Request for list of candidates 51Jalary to be raid 163Telegrams requesting conferences 177To publisn list immediately 170
ATLANTA:Brown, Edward T., Vice Chairman 183Conference with 210deport on status 171Wellborn, i. B. Recommended 166
BWTON:Conference with Board, Personnel discussed 181
CHICAGO: 201
Informal conference 2,22':.:cLallen, Walter F., Elected Deputy Agent 206Report concerning appointment of 135,177
Discussion of 202,206
Informal conference 223Johnson, Homer H., Third Director 160Names of, made public 212Report by Warburg 169Treadway, Lyman H., Deputy Agent 212Wills, D. C., Conferred 166,171Wilson, Thomas H., Non acceptance of chairmanship 118
Wolfe, H. P., Elected Third Director 211Indorsed 185Record of vote on 211
DTTJAS:Llartinez, Flex , Third Director 202libealeb, W. F., Deputy Agent 202Notificatibn 202
Tenison, E. O., Conference 161
KAN;;JAZ CITY:Informal Conference 223
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
RANJAS CITY: (Continued.)Invited to conferMalone, R. H., Third DirectorMiller, J. Z.jr., AgentRamsey, A. E., Deputy AgentSalaries
MINNEAPOLIS:Selection of Directors
NEW YORK:Organization discussedPeabody, George Foster, Third Director
PHILAIMPHIA:Austin, Richard L., ConferenceConference with BoardLaZonte, George W., Vice ChairmanReport on selection
ST. LOUIS:Selection of Directors
SAN FRANCISCO:Gatch, Claud, Deputy AgentHanchette, Lafayette, ConferencePeabody, Charles E., Third DirectorPerrin, John, Elected Agent
Report byTo inquire concerningTo publish names of directors
Clayton ActSec4ion 8, Report on, Referred to Committee No.Solicitor of the Treasury, Opinion
Clearance of ChecksDenverLegal questions involvedRegulations submittedSpecial CommitteeStanding Committee 110. 3, Subcommittee A
ClearingAthol°, New York Journal of CommerceProposed provisions, Outline of planTentative Plan
Clearing House AssociationInvitation to Chairmen to attend meeting-
Clearing House QuestionsClearings
By Federal Reserve BanksCommittee onExisting Situation at Federal Reserve Banks
Letter, Governor Strong
Page
207207206206207
194
183169159166179179169
194
201169201201356179202
5. 374403
480493493493487
475447500
83-84388
388360409360
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
PageCleveland, Federal Reserve Bank
Use of Subtreasury at Cincinnati granted 286,290Code Book
For use by Board and Member banks 245ColumbUs, Georgia, Savings Bank of 329Collection
Checks on Subtreasury New York 80Collections
By Federal Reserve banks for one another 473Committee 473
Commercial PaperAcceptance, Grain drafts 412Agricultural loans - Richmond 495Agricultural paper 427,433Circular and Regulations concerning 317Committee on - Mr. Warburg and Mr. Harding 36Communications referred 373Cotton Mill Paper, Report on 408Definition discussed 314Damand Paper, Based on Naval Stores 490Discounting of manufacturer's notes 389Draft of report 290Eligibility of 362-406Endorsement by Federal Reserve banks 423Form of endorsement by banks applying for notes 498Manufacturers' Paper 374,404Merchants Association of New York 203Paper originating with finance companios 428Phosphate Rock stored in sheds as basis for 488Publication of Circular No. 13 322Rediscounts of 362Registration of 358Replies with reference to 424Report discussed 307Warehouse receipts covering rosin 253
Committee Reports, Procedure 436Committees
Discharged 305-306Secretary to refer matters to 313
Comptroller of the Currency - Salary 309Conference of Bankers, September 4, 1914
Stenographer to report 97Cornelia, Georgia, First National Bank of
Reduction in capital stock 157
Cotton CongressLetter from President of 423
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Cotton Loan Fund
Page
Atlanta Clearing House Association - Resolution 320
Committee 207
Communications 285,300
Conference 258
Continental Bank and Trust Company. 253For report 241Operation of - Letter 223Outline of proposed plan 207Report on progress 347
Report on status 234
Subscription comi)lete 352
Telegram to Clearing House managers 355
Territory to be covered by District No. 7 289Unofficial administrative subcommittee appointed 249
Cotton Loan Plan 246Discussion resumed 266Final form 390-397Ordered made public 283Outline of plan 259-264Plan as revised by Counsel 267-272Report on status of 273Rogers, G. 71., Little Rock, Arkansas 273Wiggin, A. H., Changes suggested 283
Cotton Notes 77
Cotton Plant Bank, Arkansas, Special examination 485Cotton Situation 248-249
Discussed 194
Statement, W. J. Wade, and George C. Simmons 181Cotton "%rehouse Receipts
National Currency Association of Georgia 185
Use of as security for currency 185
Counsel, Assistant to be appointed 239
Elliott, 7. C. 240
Employ..lent of additional 387
Salary 352
Country Banks 429
Abolition of exchange charges 429
Counterfeiting - Penalties for 252
Cramer, Sterling B., Assistant Reserve Agent, Chicago- Bond 473
Credit BureauComr:runication referred 373
Credit Situation, between Europe and United States 84-85
Crowell, J. F., Appointment to staff discussed 428
Committee No. 1 to report on 366
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
PageCurtiss, Frederic H., Agent, Federal Reserve Bank Boston
Affairs of Federal Reserve Bank of Boston 209Letter - Governor and members Advisory Council
Banking rooms 214
D
Dallas, Texas, Federal Reserve BankCoin paid at limited tolerance 300Quarters for Federal Reserve Bank 403Request to hasten organization of F. R. banks 122
Dawes, 77. R., Reply to 328Decker, M. C., Linneapolis 196Delano, F. A., Vice Governor, Federal Reserve Board
To go to Chicago relative to selection of Class 0 124Deputy Federal Reserve Agents
Bonds for 319
Status of 301"Digest of Federal Reserve Act" - To be printed 358
Directors Convention, October 20-23, 1914 417
- Traveling expenses 417
DisbursementsGovernor authorized to draw checks for 309
To be countersigned by Secretary 309Disbursing Officer - Need for 273
Discount- Richmond, F. R. B, refused overloaned member bank 444
Discount Operations - Principles governing 470
Discount Rates 357
Approved 433
At opening of banks 32G
Atlanta Bank - Rates established 438,441,483
Boston, Altered 340,451,496
Charged by New York banks for accommodation to
banks in the South 428
Chicago 340
Cleveland 340
Committee on statement for press 341
Dallas - Approved 495
Discussion of 370,441,480
Fixed 339-340
Form of statement approved 342
Kansas City 320,408
Minneapolis 428
New York 463
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Discount aates (Continued)Philadelphia - Application for chanceRegular discount dayRichmondSt. LouisJan FranciscoSmith, Senator Hoke - Georgia - LetterTelegrams
Discounted Paper, Additd,nal security for,Division and distribution of work, ReportDocket, Form for BoardDomestic Exchhnge - Committee onDrafts, Alternative for= for
Form of for use by member banks
E
Elliott, M. C., Counsel, Federal ReserveConferred relative to assistantCounsel to Board, ElectedSecretary pro tern
El Paso, Texas, First Na .t.iunal BankLetter, Financial conditions
Examiners - Grades ofExchange ?unctions
Data to be furnished F. R. Agent CurtissDomestic and Foreign Exchange between F.Resolution discussed
Page
486442,440
342,441,483342496482451427
on 186-19245,218-219,252,311
360340
286,303,307,308,
Board
Farm :ortgage Loans' Circular relating to
Fayetteville, N. C. - Fourth National Bank ofFederal Reserve Act
Amendments (See Amendments)
Application of - Letters relative toFederal Reserve Agents
Bonds forChannel of communicationDuties ofForms forPower to act as agents for State banks in obtain-
ing discountsRegulations forReport by John Perrin - Duties of F. R. Agent
24066
15445
483. Banks 323,472
479
482492315
289
223,319291
192,231,233,345-346,4122.81,327
497422,431
288
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Aderal deserve Agents (Continued)Salaries 176-177,251
Atlanta, Georgia 185Federal Reserve Bank:Directors
Boards of Directors' meetings 498Notice to Richmond of conference October 20 232Not to act as Counsel 398Entertainment of delegates 245,246Fees of San Francisco 436-Fees, Uniformity 420Preliminary Conmittee on organization to confer 10/20 239Program for conference 233,242Stenographer to report verbatim 246Participation of in otner business 349Report of committees ordered printed 252
Federal Reserve BanksAbbreviated statement of conditions 361Additional stock subscription, Form for 326Anouncement of opening 347Application by National banks for stock 314,418,499Applications, Quarterly approval sug.:ested 499Auditor, Deputy Governor ineligible 292BOSTON:
Collateral 411Condition of discussed 411
Payment of stock 468
Use of Jubtreasury 358
Certificates authorizing opening 345
OLBWMAND:As member Ohio Bankers Association 300Checks, Collecting Government 349
Communications with 299Communications referred 358
DALLAS:Agricultural loans 484
Directors and Officers 294,297,298,299
Compensation for 324,341,378,381,417
Dc.te set for Conference 211
equipment S 250
Employees, Bonding of 291Christmas fees as co.lpensation- 429,479
.Gifts and fees 498
First installment of stock, Payment of 11/2/14 238
Fiscal Year 422
, Form of call adopted 246
Functions at opening of 300
Page
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
PageFederal Reserve Banks (Continued)
Government deposits in 386Governors of reserve banks, Conference 409
Decker, a. C., Minneapolis 196Title for executive 160
Letter from Secretary Treas. Concerning opening 234-237Method of informing members of developments 359Nature of matters to be taken up with officers 297NEW YORK: •
Expenses approved 471Presence of bank examiners requested 444
Notes 20 engraving aPproved 203One Hundred dollar bank note approved 203Opening announced after October 20, 1914 239,246
Dispatches relative to 281Fixed for November 16, 1914 265-266,283Statement by Mr. LicAdoo 472
Opening of, Discussed 181,224Opinion of Comptroller of Treasury, Payment for
manufacture of notes 240Real Estate Investments 487RICHMOND:
Salaries 297,445ST. LOUIS:
Salaries 421,439Seals for 243_Statement concerning system for London Times 437Steps necessary before opening 224,241,282,290,294,311Stock Register 359Stock Subscriptions, Circular relating to 303Subcommittees on 122Taxation under new Internal Revenue Law 384Transactions of first day 347Weekly Statement 332
Federal Reserve BoardAnte-room for use of Board refused 224Bulletin for 387Business pending before the Board 492Committee on depositing of funds 414Conferences, Expenses of persons attending 437,448Examination for Appointment 348
Appointments 450Eligibility under Civil Service 386Requests for application blanks 404Staff, Organization Committee 430
Governor, Federal Reserve BoardNational City Bank, New York, Letter 57
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
PageGovernor, Federal Reserve Board (Continued)
Stenographer to - Salary Z92
'illccostions to be made by 499Legal Status of 469Letter regulating correspondence with F. R. banks 418,khotographs 431Regular meetings, Time cnanged 485Status of members 469Travel order 453Vork of Board, Committee-on organization of 279-281
Federal Reserve CurrencyArrangements for shipping of 343
Federal Reserve NotesAmount of gold necessary held to redeem 328Amount to be shipped to New York 365Announcements forwarded F. R. Banks 387Ap,,lications for
Chicago 365New York 376,484,488Probable 319Richmond 468Referred to Com-ittee No. 7 449San Francisco 423
Collateral to irotect - Access to vaults 323Conditions surrounding issue of 376Delivery to Agents 376Deposits on redemption fund 420Distributing, Lethod of 415-416Federal Reserve Agents to suprly :357Federal Reserve Bank of Boston 411Form of -motion relating to application for issus 365Form submitted 225Form for substitution of collateral to protect 345Form and tenor of notes 47Forms to be used in applying for 500Forms to be used upon receipt and issue of interest350,345Inquiry, Federal Reserve Agent, Bosworth 307Issue against lawful money 324Issue and collateral received for - by F.A.AL;ents 371Issue and redemption of 305,482Issue and storage 421-422Issue, Form for 415,475Issue, Division of 296Issue, TLinneapolis Bank 474Issue, Records and retirement of 423
Issue, Report on 37eIssue, Suspended 422
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
0
Federal Reserve Notes (Continued)
Page
Lawful money at Redemption Division, U.S.Treasury 449Legal Tender 474Uodel Forms submitted for 1.00 denomination 225Personal use Federal Reserve Board 364Redemption Fund (5%) 358,372Regulations for handling- 327Regulation relating to custody of 322Report on printing 289Renorts on, In Div. Reports and Statistics 448Requests for supply 476'Serial Numbers for, Committee to -report on 415Shippent of - • 326Shipment to New York by Parcel Post approved 494Shipping reconsidered, Method of 340,344.Silver Certificates in payment for 488Status of 326,413Twenty Dollar Uote approved 203
Federal Res5rve System:.pnlications for admission
It It
Letter regardingFiling liethodsFinancial ReportsFine, Dr. Henry D., PrincetonForeign Branches
Commercial National Bank, Wash. D. C.,Counsel to prepare letter grantingpermission for bank at BalboaOrder autLorizing establishm9nt atOrder establishing two branches inResolution of Board of Directors
National City Bank, New YorkApplication for - Beunos Aires, Argentine
Rio de Janeiro,-BrazilForm of letter to be sentOrder establishing two branchesReport of committees onSupplemental applicationTen per cent limitation for Rio de
South American branchesForeign Exchange
Bankers' Conference, Corn. to considerClearing Houses, Form of Lotter toReport to be taken up
Foreign TradeProblems arising out of documentary draftsUnited States and Italy
Tnittee No.6referred, Conapproved
University
37448042344858
1-0746
46,78,345,359,403tentative
BalboaBrazil -
Janeiro
.129,
127178-179477-479-
16246
9456126
49-5091,9645017237
131,132,133133-134
136
499468
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Forgan, J. B., ChicagoLetter of inquiry - Cotton Loan FundPresd4ent, Advisory Council
Forms and Reserves, Report by committee onForms suggested, Report of committee onFountain, L. C., Salary
Garden City, Kansas, National BankGeorgia, National Currency Association - Letter
'German Herold, TelegramGibson Arnoldi Company - LetterGlass, R. Carter, Hon. - Before committeeGloucester, Mass. - National Bank ofGold Pool
Circular relating to •Clearing House Associations, Letter toClearing House of Cleveland, ContributionCommittee to be notified dailyCompleteCompletion of arrangementsContributions on books of NationalCorrespondence submitted to BoardDes Moines, Century Savings BankDes Moines Clearing HouseDocuments furnished certain Western
New York,banks.- Participation inReport of bankers committee made publicReport, Benjamin Strong Jr.,Rue, L. L., Philadelphia - Letter fromSt. Louis Clearing House Association - LetterSan Francisco Banks - Telegrams fromScranton, Pa. Third National - ContributionSeattle Clearing Haase - InquiryState Banks - ParticipationTelegram relative to process of subscribing
TelegramsTelegrams, A. L. Mills, Portland, Oregon
Wallace, James H. - Ileather Gold 'Fund Committee
Woodard, William - ConferredGovernment Bonds - Purchase of by F.R.BanksGovernment Deposits
H
banks
banks
Page
28949316
331,349296
471853746893315
244120,129,137-138promised 165
165233144244i71214186139156155211172163
173,177,186157,161
168186168143177161169467
362-363
Hackney, Walter S., Federal Reserve Agent, Boston 412,43033Hamlin, Governor, C. J. - Federal Reserve Board
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Henry, Robert L., Texas - Conferred with BoardHicks, R. L., Letter - Reality LoansHiggins, Col., Letter - Gold PoolHollis, Allen, Boston - Class 0Hope S: Company, A.msterdam, N. Y.Houston, David L. •Howel, Walter 7., 2:.:auntain City, Tennessee
NNW
139,141349120213
433482
Illinois Bankers Assn. 34,36,39,40,51,52,225,482Imlay, William, Asst. Chief, Div. Audit & Examination 470Ingle, William, P.R. Agent, 2ichmond, Bonding
VaultsInterest - LIethod of ccimuutingInternational ExchangeInternational Exchange Sitliation
Conference with British ref;resentativesspecial committee of New York bankers
Investment Bankers AssociationPowers of State banks to subscribe to F.R. stock
Island Pond National Bank, Ay)lication approvedIssue, Division of establisnedIssue (See Federal Reserve Notes)
Jacobson,. :or.L.isjemison, W. 7. - Salary increasedJoplin, - Refused reserve cityJournal of Co=erce, Board to subscribe to
Article on clearing question
Kansas City, Missouri - Federal Reserve BankClass "VCook, Thornton, Available for appointmentSawyer, Governor. - Letter - Exchange
• Special Examination ofKerst, P. E. - Deputy Agent
Order gold certificates - LetterHerve.W.
L
"Lawful Y.oneyu - Report on - of
319' 356,405376,389,405
105-106,108-109
248,25B-56256-257
1957,71296
329,33341033182475
123136
473-480450
489297
490
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
PageLawton, Oklahoma, National Bank - Telegram 306Legal mattere in letters to be checked by Corn. No. 5 386
Status of 387Legend on checks 143Legislation, Committee on 58
Designation of chairman of Federal --ieserve banks- 144Rei,ort on proposed amendment 82To prepare amendment- 68,70
Library - Bills and reports to be obtained for- 58Liquidating Banks, Conditions under which value of
stock may be withdrawn 499Louisville, Kentucky, American National Bank - Exchange 472Low, Seth - President N. Y. Chamber of Commerce 352Lowell, Mass. Thirty-day notes purchased by F:R.BankBoston 411Lyerly, Charles A. - President, 1st Nat'l, Chattanooga 386Lynch, James K., San Francisco - Telegram 59
- LI
Madison7ille, Texas - 1st Nat'l - Reduction Capital Stock. 500Malburn, Wm. P. - Asst. Sec'y of the Treasurz7
Conferred - Oider Gold certificates 489with Secty F. R. Board - Nat'l bank notes 476
Letters - Comment 407,438Questi.,ns referred - Relations between Govt .& banks 364Report 368-370Subtreasilry - St. Louis 370,376,404
:alone, R. H. - Kansas City, lassouri - Letters 231Relative to Governor - State Legislation 376
Martin, William McC. - St. Louis, F. R. Agent 140Collections, Lettet 473Conferred concerning Class "C" 139
McAdoo, W. G., Secretary of the TreasuryFive per cent redemption fund 372Opening of Federal Reserve Banks 234-237,472
McCaleb, 7. F. - Deputy Agent, DallasLetter and telegram 422,439Retention of office,American Bankers Assn, 484
McConkey, Counsel - F. R. B. St. Louis - Salary 421McCoid, Joseph A. Gov. F. R. B; Atlanta -*Letter • 4902:10Dougal, J. B., Gov. Federal Reserve Bank - Chicago
Letter - Payment of members Advisory Council- 498Member Banks
Boston, Power to pay subscription 449Capital stock - Increase and decrease in -after six months 476
Directors and Officers - Acceptance of fees fromother sources 325
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ember Banks (Continued)Exercise of functionsForm of draft to be used byReportsStocks and bonds - As registrar ofWeekly statements
Members of Federal Reserve Boar. Cciilmunications referred 302Messenger Service, Federal Reserve Board - ReorganizedMiller, J. Z., Jr., Federal Reserve Agent, Kaisas City
Circular and regulations for F. R. BanksReply to
Mills, A. L., Portland, OregonEstablishment of branch atExchange charges
Minneapolis, Federal Reserve BankElection of Vice Chairman and Third DirectorOperati-n ofSalaries at
Minnesota, Superintendent of banks - LetterMinutes of October 24, 1914. - RevisedMinutes - Standing Committee No. 3, SubcommitteeMississippi Bankers Association
Exchange charges 011 country bank- checksMobile, Alabama, City Bank and Trust Company
Application referred to No. 6Montana Bankers Association - Letter
National BanksExaminers,
N
Schedule of salariesForms, for reporting condition ofPermitted to enter the system
National Boot and Shoe Manufacturers' AssociationNational City Bank - Letter authorizing two branchesNebraska City National BankNebraska State Bankers Association - InvitationNesbit, Harrison - Pittsburgh - ConferredNew Orleans, Representative for Atlanta Board DirectorsNew York Bankers - Conference withNew York Chamber of Commerce - Conference with
Invitation to GovernorNew York Clearing House AssociationNew York, Federal Reserve Bank of
Kenzel, E. R. - Asst. Cashier - (SalaryQuestions submitted by Governor of bankSalaries
Strong,- Benjamin, Jr. - Elected Governor
Page
483316
311,433463469
418
475,4,96416-417
253367156156402417427472
470,498
418
40896-97
2944732084989431536221136554235255
474311
158,214,244,474197
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Norris, George .7., Philadelphia - ConferenceNote - Issue ofNotes - Secured by bank bills receivable-
Discount of
0
Office equipmentOffice of Board, Equipment and furnishingsOhio Bankers Association - Reply toOpen marketregulations, Draft ofOral hearingsOrder of businessOregon, Wisconsin - First National BankOrganization of Federal Reserve Banks
Employment of a special assistantPublicity concerningReport of progress
Organization of work for Federal Reperve Board, Cam.Owen, Senator Robert L., - Notep as legal tender
P
Paisch, Sir George- Defined
Pasadena, Cal. First National Bank - 'LetterPayette, Idaho, First NatiQnal -Banh -
Reduction in capital stockPayment of stock subscription - Method ofPennsylw.nia Society of New York - InvitationPensacola, Fla. - American National BankPerrin, John - F. R. Agent, San Francisco
Assistant toLetterNegotiationsSalary fixedStaff for FederalTelegram to
PhiladelphiaAustin and Norris to consult regardingBeneficial Savings BankDeputy Federal Reserve Agent - SalaryLa 1.:onte, George M., Deputy Agent
Pittsburgh, PennsylvaniaBanking conditions inPeoples National Bank
Portland, Oregon - Letter, A. L. Lillis
- Interchange of items
Reserve banks
authorized
Page
125,138327
361
97328307377
33,20420743034250121
160,163on 119
474
246,312,362454416
121,288,359283
317,386430
416,430349453282241211
vice chairman 159243474474
160195-196,375,388
253
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
PagePostal Savings Fund
St. Paul, Minnesota, Drovers State Bank 195Sargent, S. G. - Salem, Oregon 162
Potter Jounty, Pa. - Grange National Bank 430Preliminary Report - Reserve Bank Organization Committee '2-31Preliminary Report on organization of F.R.banks 166President Wilson - Gard of Appreciation 47Problems pending, outlined by ::r. Warburg 282
173-176Protests 32Procedure in organizing Federal Reserve Banks
Appeals 250168-169
Public depositories 468New Jersey banks Hon. Walter I. MoCoy
Purchase - Committee on 328
R
Ramsey, J. B. Lierciiants and Mechanics National Bank 423Rates of Discount - Changes in 398-401Rates of Interest and Usury 385Receipts and Expenditures
Status of Board according to statemdht by Comp-troller of the Treasury 273
To obtain opinion from Attorney General 273Reclassification of National bank examiners 455-457Redemption Fund - Method of disposition 389Rediscount - Character of pal,er available for 386Rediscount Rates 292
Boston 366Chicago 497Dallas 351Telegram - Federal Reserve Agent, Ingle 423
Regular Meetings of Federal Reserve Board 45Time changed 245
Regulations - Form for 317_ No. 7 Distribution 320,350
Reimbursable RollComptroller's recommendation 344Method of paying staff 348,352
Report to Congress by Federal Reserve BoardCommittee an 288Suggestions 500
Reserve Accacnts by member banks - Status of 43Reserve Bank Organization Committee
Appeals 33,40,45-46,52-54
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Pagedeserve Bank Organization Committee (Continued)
AppealsBriefs in 201For transfer 243From decision 415
Baltimore 429,435Kansas City - Granted 30 days extensi,n 433New Jersey banks 168-169
Date of nearing fixed, Stenor-rapher to report 435,448Preliminary report by 2-31Staff - Status of 219,241
Reserve Cities - Population necessary. 332aoTort on designation of 307,331
Reserve RequirementsDate of readjustment proposed 238Notice of change in - to Governor Strong 316Relation betwecn Comptroller and Board 312Reply to General :JcIntyre, Bureau, Insular AXfairs 365Westminister, :al. First National Bank_ 375
Reserves 120-121Against Pos-L.1 Savings Deposits 413Cash payment of- Circular No. 10 413Circular relating to computation of 312Committee on readjustment of 343Condition of 374,378Depositing of - in Subtreauury at Cincinnati 286,290Fiurin,L. of 319Form for commtation 315Form of payment of 285Funds for shortage 301Kansas City 320,475Kinds of money to be used in payment of 291,313Method of computing by member bLLnks 245,352Method of payl,lent 428National banks permitted to co below requirement 37Payment of - not prejudicial to ri7ht of aReal 285-286Requests for report by Clearing Houses 110-111Silver certificates in payment of 300Shortage 373Transfer of 43
Revenue Law - iroposed tax on banks • 135dhett, a. G. - Letter - Discount rates 449Richmond, Federal Reserve Bank
Governor selected 1971:oncure, James 2., Vice Chairman 156Request to hasten organization of bank 158
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Richmond, Federal Reserve Bank (Continued)Reserve notes requestedSalaries of Cashier and AuditorSavings Bank of - Application for admission
Robinson, C. C.Report on qualificationsSalary to install accounting system
S
St. Louis, Federal Reserve Bank ofBoehne, John W., Third directorCentral National Bank to reduce capital .
_ Salaries - Letter relating toOfficers
SalariesChecks to be drawn for - to November 1, 1914
Salisbury, N. C. - First National Bank- Savings deposits method
Salt Lake City - National Copper Bank ofSan Francisco - Federal Reserve Bank .of
Class "C" DireotorsClearing House, Draft of Telegram toExchange of Nat'l bank notes for lawful money
' Federal Reserve Agents - Salary - NotificationGovernor, SalaryKains, Archibald - Elected Governor
Savannah, Georgia - Savannah Trust Com,'any
Page
476403
166,170
366431
14065
382,417201
309376389386
136195476202244433
Application withdrawn 429itiavings Accounts" - Defined 293
Letter - D. C. Wills 433Savings Deposits 375
Regulations governing 425Report regarding 312
Savings Institutions, Character of 209Schoch, A. J., Bloomsburg National Bank, Pa. 375Seals, Report on preparation of 289Seattle, Wash. Port Commissioner - Purchase of bonds 197Secretary - Federal Reserve Board 1
Tendered Dr. Pine 40-41Term of office 40-41To furnish members with conies of all papers 54-55Space required for office of 143
Secretary of State - Letter Foreign Trade 468Je-ction 27, F. R. Act - Counsel to report on 78Section 5200 Revised Statutes, discussed 439Securities, Custody of 327
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
X
PageSerial numbers of Federal Reserve Banks 142Settlement plan - Explanation of 447Seymour, Llo. -Peoples National Bank 157Shafroth, Sonator J. P. - F. R. notes as legal tender 474Shea, John V. Jr. - Salary 410Shreveport, La. - Continental Bank and Trust Contuany 253Signature Card, Regulation No. 7 375Silver Certificates to reduce liability on outstanding
reserve notes issued 488Sim-Ions, Senator F. U. - Discount rates 449Simpson, J. - Central National Bank, Spartanburg, S.C. 375Smith, Hon. Hoke - Proposed bill '77
Discount rates 482,487Smith, Walter 7., St. Louis - Resigned 158,469Special Examiners - Report on appointment of 217-218Staff - Federal Reserve Board
Appointments to 193Audit and Examination, Division of 405Clerical 43-44Committee on - Appointed 200Payment of 351Report of committee on 197-200,274-278,279-281Salaries - Date of commencement 351Secretary's report on 334-339
Staff - Reserve Bank Organization Committee . 220Standing Committees
Committee to report on 345=Report of committee on 3!9,352,355
Starek, Charles - Vice Chairman, 17ew York 118State Bankers Association - Honorary membership 439State banking laws - Synopsis of to be obtained 231State Banks - Admission of 46,349,373,493
Applications referred 366,402Committee on 324Discounts obtained through Federal Reserve Agents 4971,:embershiT), Conditions for 332,487Lembership in system 121Postal Savings Depositories 413Power to withdraw from Federal Reserve System 487Regulations relating to 344Regulations revised 425Report on 302,409Report on eligibility of 415Reserve Depositories 329Resolution regarding admission 79-80
State Banks and Trust CompaniesBill proposed by Senator Hoke Smith - Georgia 77
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
State Banks and Trust Companies (Continued)Conditions for membership -Dathod of handling applications
State Legislation - Data anLannesota
State 7/arrants PurcnaseStatistician for BoardStatus - Fiscal and AccountingSterling Grinding Wheel CompanyStock Exchange, Opening ofStock Subscriptions - Express charges on shipmentStock - Transfer of - Allen Hollis - BostonStrong, Benjamin, Jr., Governor New York F.Subtreasuries as members of Clearing Houses
Conditions in St. LouisUse of
Sumter, S. C. - Proposed consolidationSnyder National Bank - Payment of reserves
of
- T
of
- Foreign Branches
Telephone charges - Committee onTelephone connections with Board roomTenison, E. O., Federal Reserve Agent,
CompensationConference with BoardElection of Governor,Letter
Terminal Elevators - Loans onTexas Legislature - ResolutionThompson, William -J.:emorandumTime Deposits
RegulationReport on
Title - Cashier or SecretarySecretary preferred
Tobacco Growers, Reply toTreasury Regulations - Employees of BoardTrenton, N. J., Mechanics National BankTrustee
Committee on exercise of rower by NationalDispatches concerningExercise of function by member banks_Power to act as
TrusteeshipsFinancial banksNational banks
Tulsa, Oklahoma - Reserve City refused
modified
Telegram
- Chief
R.Bank
Dallas
Clerk
Page
49289427387282168172385301213
318,485-499299
370,404362358350
431323123226
124,135,137226330195122290
493320208
210-211322
subject to 418352
0 4
banks 324315324
46,244,373
493495331
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
PageU
United States Compiled StatutesUsury rates
71.
348374
Wade, Festus J., St. Louis - Letter - Cottor 207Letter to Rolla Wells referred to Committee No. 3 386
Warburg, Paul M., Member Federal Reserve BardCommercial Paper 36Discount rates - Opposed to reduction in 442
Wardrop, Robert - Conferred with Board 221Warehouse Receipts as security for notes
Florida National Bank 253Warrants
Municipal and State - Report on 410Proposed regulation approved 470Purchase of School Warrants- 429Purchase of State and ainicipal 402Regulations relating to purchase of 426Temporarily discontinued discussion on 492
Washington, D. C.Commercial National Bank (Foreign Branches) 46,50Franklin National Bank - Reduction in capital stock 359llunsey Trust Company, Application withdrawn 429
Wells, Rolla - St. Louis, Conference with Board 135,139Elected Governor 289Salary 421
Westminister, Md. - First National Bank 375Willis, H. Parker - Secretary, Federal Reserve Board
Acceptance of Secretaryship 105Elected Secretary 98Tendered Position 87
Wills-, D. C., Federal Reserve Agent, Cleveland 413L. A., Class "B" - Kansas City 433
h,* Wilson, Woodrow, Card of appreciation 47Wold, Theodore - Governor, F. R. Bank, Minneapolis 331,421Woodruff, S. C., Bank of - Application approved 166,170
- Finis -
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis