The New Federal Reserve System: The Board Assumes Control

acceptances activity agricultural amount assets BANK CREDIT OUTSTANDING bank notes Bank of England bankers Banking Act ber banks bills discounted Board of Governors bonds borrowing branch banking capital cent central banks changes circulation commercial banks commercial paper commodity prices corporations currency decline demand deposits depression directors discount rate dollars Eccles economic effect eligible paper eral Reserve excess reserves factors Federal Reserve Act Federal Reserve Banks Federal Reserve Board Federal Reserve district Federal Reserve notes Federal Reserve System foreign Government securities held important increase industrial interest issues June 29 loans and investments member bank reserve ment Miller monetary gold stock money rates national banks open-market operations open-market policy period price level production purchases rediscount reduced Reserve authorities reserve balances Reserve Bank credit reserve requirements Senator Glass serve Bank speculative surplus trade Treasury cash United States Government volume York bank