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W. P. G . HARDING, G O V E R N O R
PAUL M. WARBURG. V I C E G O V E R N O R
FREDERIC A. DELANO
ADOLPH C. MILLER
CHARLES 5. HAMLIN

Ex -O ffic io Mem bers
WILLIAM G. McADOO
SECRETAR Y OF TH E TR EASU R Y

C hairm an

JOHN SKELTON WILLIAMS

FEDERAL RESERVE BOARD

CO M P TR O LLER O F TH E C U R R E N C Y

W A S H IN G T O N

H. PARKER WILLIS, S E C R E T A R Y
SHERMAN P. ALLEN. A S S T . S E C R E T A R Y
A N D F IS C A L A G E N T

ADDRES8 REPLY T<

FEDERAL

May 2 1 , 191J.

Dear Sir:
The Board's attention has been drawn to the
fact that some Federal Reserve Banks have recently
omitted weekly to submit for the re-approval of the
Board the prevailing discount rates., such banks only
reporting to the Board when they desire to make a
change in some of their rates.
The Board has instructed me to request you

to

kindly see to it that these weekly reports are not neĀ­
glected.




Respectfully,

Vice Governor