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TABLE OF CONTENTS.
Part I.-Report of the Federal Reserve Board____
Page. 1-34
Text of report:
Letter of transmittal__--
Federal Reserve Banks as fiscal agents of the United States____
Discount policy of the Federal Reserve Board in connection with
war financing____
War finance and banking_
8
Discount rates and war financing_----
10
Operation of the gold settlement fund___.
Effect of amendments of June 21 to the Federal Reserve Act..
Membership of State banks and trust companies__.
Curtailment of unnecessary credit__.
Private and corporate financing___
Conservation of gold------
Check clearing and collection system___.
Establishment of branches of Federal Reserve Banks____
Enforcement of section 8 of the Clayton Act----
11
13
14
18
20
23
24
25
Supreme Court decision in case brought to test constitutionality
of section 11k of the Federal Reserve Act------
Earnings and expenses of the Federal Reserve Banks_____
Conferences of Board with Federal Reserve agents, governors,
and advisory council_
Amendments suggested to the Federal Reserve Act---
Organization, staff, and expenditures of the Federal Reserve
Board.
31
34
·U.S. Federal Reserve Board (6-8-18)g
EXHIBITS.
Exhibit A.-Discount rates, movement of, during the year__.
Exhibit B.-Federal Reserve notes__
37-43
44-59
Exhibit C.-Statements of condition of Federal Reserve Banks__
Exhibit D.-Investment operations of the Federal Reserve Banks__
Exhibit E.-Gold settlement fund operations-----.
Exhibit F.-Clearing operations during the year---.
Exhibit G.-Receipts and disbursements of the Federal Reserve
Board-------
60-95
96-132
133-139
140
141-144
Exhibit
H.-Earnings and expenses of the Federal Reserve Banks 145-157
I.-State banks and trust companies admitted to mem- bership in the Federal Reserve system_---- Exhibit J.-Circulars and regulations of the Federal Reserve
Part I.-Report of the Federal Reserve Board-Continued.
Exhibit K.-Foreign branches of national banks authorized_‒‒‒‒
Exhibit L.-List of national banks granted fiduciary powers during
the year--‒‒‒
Exhibit M.-List of member banks granted authority to accept drafts and bills up to 100 per cent of their capital and surplus_--_.
Exhibit N.-Personnel and salaries:
Salaries of officers and employees of the Federal
Reserve Banks_____
194-19
Salaries of officers and employees of Federal
Reserve Board____
196-197
Salaries of national bank examiners___
198-200
201-207
208-213
214
Exhibit O.-Directory of the Federal Reserve Board, Federal Re-
serve Banks, and Federal Advisory Council_
Exhibit P.-Description of Federal Reserve districts__
Map showing______
CHARTS.
Federal Reserve notes outstanding and in circulation, also amounts
of gold and required paper held by Federal Reserve agents-----
Movement of reserves of all Federal Reserve Banks during the year
Movement of earning assets of all Federal Reserve banks during
the year-----
Net deposit and Federal Reserve note liabilities, total reserves, and
ratio of total reserves to aggregate net deposit and Federal Re-
serve note liabilities____
Cash reserves and excess reserves of Federal Reserve Banks___
Weekly transactions through the gold settlement fund.......
73
139
Map showing Federal Reserve districts___
Part II.-Reports of Federal Reserve Agents to Federal Reserve Board 215-607
District No. 1-Boston___.
horized....... Dowers during
ty to accept
their capita
the Feder
of Federal
ederal Re
il_....
amounts
-nts----
the year s during
es, and
ral Re
nks...
Board 215-4
217-2
213-30
307-38
359-38
380-41
413-3
433-694
455-48
485-605
507-533
535-571
-- 573-607
PART I.
REPORT OF THE FEDERAL RESERVE BOARD, WITH EXHIBITS.
V