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Show ADMIT 59 BANKS TO RESERVE SYSTEM WASHINGTON-. Dec. 6. Fifty -nine state banks or trust companies have been admitted to the federal reserve system within " the last month, raising the total of slate institution members to 176. with capital of $1 7!).S6u,00'i, surplus of $:MSt,3S4.-OOtt $:MSt,3S4.-OOtt and resources of $4,275,000,000. Scores of applications for membership are pending and the federal reserve board is making strong efforts to strengthen the reserve plan for the war emergency by the general inclusion of state members. The reserve board has designated as reserve cities Buffalo. Toledo. Memphis, Peoria, 111. ; Grand Rapids and Oakland, Cal. |