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589 W. P. G. HARDING. GOV!RNOR BX OF'I"'CIO I!IEMaiiRI ALBERT STRAUSS, VICE GOVERNOR ADOLPH C. II ILLER CHARLES S. HAMLIN CARTEIIliLAII IICUTA•T OP THI TREASURY ""CMAIIIYAN • JOHN IKI!!LTOII WILLIAMS COMPTROLL.IR OP' THE CURRENCY FEDERAL RESERVE BOARD J. A. BRODERICK, SECRETARY W. T. CHAPMAN, ASSISTANT SECRETARY W. M. IMLAY, FISCAL AGENT WASHINGTON ADDRESS REPLY TO FEDERAL RESERVE BOARD Augu.st 23, 1919 .. Subject: • X-1657 Code Messages to be used in Rediscount Transactions between Federal Reserve Banks .. Dear Sir: Referring to the Board's letter X-1613, of July 10, 1919, and X-1628, of July 24, 1919, on the above subject, the Board re~uests the use of the following code wor.d effective September 8; 1919, in rediscount telegrams between Federal Reserve Bariks, advising of advance payment of rediscounts: RESORT: . We are paying your bank tociay by direct transfer through thtr Gold settlement Fu:ncl on a~:ccmt 0f pror~eeds of advance payment for our rediscou11t wi tl~ y01.u.· bank dne l,_s~.t~) as follows: Rate (_l.l) per cent (Name) or ( N\liiJ.b e r) Amt. ( ~15 , 000) Di so. (Name) or ( Number) Amt. ( $10,00J) Disc. $.141~88. 49) ~!9~2.,2,2) ( i~l~:~t~ ProceGds Proce:;ds ( $. Rate (~) per cent (Name) or (Number) Amt. (;tlO,OOO} Disc. (~) Proceeds ( $. ¢!~91. 85) (~) or ( N".liilber) Amt. ($. 5,000) Disc. ( $. .07) Proceeds ($ .995·9.2) Very truly yours, Acting Assistant secretary. To chairmen of all Federal Reserve Batiks.
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