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TABLE OF CONTENTS.
War finance and banking-
Part I.-Report of the Federal Reserve Board___
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‒‒‒‒‒
Discount rates and war financing_.
Effect of amendments of June 21 to the Federal Reserve Act
11
Membership of State banks and trust companies___
Curtailment of unnecessary credit__.
Private and corporate financing....
Conservation of gold---.
Check clearing and collection system----
Operation of the gold settlement fund____
13
14
18
U.S. Federal Riveros Board (5-8.18))
Establishment of branches of Federal Reserve Banks..
Enforcement of section 8 of the Clayton Act-----
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..
Reserve cities designated during the year.
Amendments suggested to the Federal Reserve Act___
Organization, staff, and expenditures of the Federal Reserve
Board___.
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
Exhibit H.-Earnings and expenses of the Federal Reserve Banks 145–157
Exhibit I.-State banks and trust companies admitted to mem-
bership in the Federal Reserve system__
Exhibit J.-Circulars and regulations of the Federal Reserve
Board..
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
Exhibit O.-Directory of the Federal Reserve Board, Federal Re-
serve Banks, and Federal Advisory Council____.
201-207
Exhibit P.-Description of Federal Reserve districts_‒‒‒‒‒
Map showing---
208-213
214
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___
71
Cash reserves and excess reserves of Federal Reserve Banks___
Weekly transactions through the gold settlement fund_--_-.
Map showing Federal Reserve districts______
73
139
Part II.-Reports of Federal Reserve Agents to Federal Reserve Board 215-607
District No. 1-Boston___.
REPORT OF THE FEDERAL RESERVE BOARD, WITH EXHIBITS.
V