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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''