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W. P. G. HARDING. GOVRN!>R. ..: ,

EX•OF'P'ICIO MEM81:R8

~:~~E:icw:~~~~N;!'!ca:~•.,•

WILLIAM G. McADOO

ADOLPH C. MILLER
CHARLES S. HAMLIN

SICRITARY OF THI TRIASURY
CHAIRMAN

JOHN SKELTON WILLIAMS

H. PARKER WILLIS, SECRETARY
SHERMAN P. ALLEN, ASST. IICIITAIY

FEDERAL RgSERVE BOARD

COIIIPTROLLIR OF THE CURRIMCY

AND FISCAL AGENT

WASHINGTON

ADDRJ:SS RKPLY TO

FEDERAl. RESERVE SOARD

X-749

DIVISION OF REPORTS AND STATISTICS

February

21~.

1918.

Dear Sir:
Referring to our cir.cular·letter of February 15 in
the matter of reporting amounts of disco'.lrd:. vn Schedules B.D.
4 and B.D. 7, also number of days the

has to run, I desire

,pap~r

to say that it will be entirely satisfactory to the Board if
amoun~s

of discount for several items receiving the same rate

are given in the aggregate and not by single items as may be
inferred from the wording of our earlier letter.
To illustrate our thought, the following computation,
dated February 8, of discount for six i t:::~ms of various maturities but carrying tf!e sa;no :t·ate of discount,

3i

per cent, is

given:
Amount
3,375,833.33
1, r/12 ,500.00
155,000.00
145,000.00
343 ~ 921.22
277,124.71
Total 6,009,379.26

Due
Feb. 25
28
Mar. 4
5
4
5

Days

Discount

7
10
14
15
14
15
5,185.04
Very truly yours,
Assistant Secretary

Federal Reserve Agent,

 I''