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INDEX TO PART III-RECOMMENDATIONS OF THE FEDERAL
ADVISORY COUNCIL.

Abrasion on gold, Federal Reserve Banks to sustain loss...
Acceptance power of banks engaged in foreign banking......
Acceptances and acceptance credits..

Acceptances:

Bankers'-

Development of open market for.....

For furnishing dollar exchange...
Low rates for.....

Purchase of...

Use of.......

Available as reserve..........

Banks discounting their own..

Development of market for..

Page.
844-845

867

816

866

866

801-802.

765, 767, 773-774
861-862

870

848

861, 862, 866, 870

Domestic.....

Farm loan bonds under Hollis bill..

Foreign....

Liabilities as an indorser.

774-775, 776

787

869-870

818

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Purchase of, based on importation or exportation of goods.

(See also Bills of exchange.)

822

817-818

774

816

781, 862

Accepting for any one customer limited....................

828

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Amendments to Federal Reserve Act..... 785-787, 819–823, 830–838, 853-858, 869–870

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Banking corporations to do international or foreign banking.

Banks accepting for foreign countries....

Banks, amendment to act to allow banks to accept up to 200 per cent of

capital and surplus......

Banks engaged in foreign banking....

906

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Banks should not invest in public-utility securities........

863

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Checks stamped "Collectible at par through the Federal Reserve Bank
of —"

Chicago, Federal Reserve Bank of, resolutions..

814-815

776

Circulation. (See Federal Reserve notes.)

Class C directors of Federal Reserve Banks.....

823, 830

Classes A and B directors of Federal Reserve Banks....

853-854

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Commodity rates. (See Rates.)

Commercial paper, circular on.............

Committee appointed to confer regarding banks with foreign branches...

Commodity paper, rates for....

Common carriers, Interstate Commerce Commission ruling.

768-770

809-810

781, 848

803-804

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United States 1 year 3 per cent gold notes for issue of..

Fees, directors of member banks accepting..

823
821-822

Financial conditions after cessation of war..

787

Food Administration Grain Corporation, loans to..

844-845

Foreign agencies of Federal Reserve Banks and member banks..... 797-800, 783, 859
Foreign banking business of member banks....

809-810

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