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FEDERAL RESERVE BOARD
WASHINGTON

June 17, 1922.
St.2842.

SUBJECT:

R e c o r d of Federal Reserve
B a n k D i s c o u n t -Rates,
1914 - 1921.

Dear Sir:
For your information there are enclosed herewith
two c o p i e s of a p a m p h l e t w h i c h h a s just b e e n p r i n t e d g i v i n g
the record of all c h a n g e s i n d i s c o u n t r a t e s of the F e d e r a l
r e s e r v e b a n k s f r o m the time of their i n a u g u r a t i o n i n N o v e m b e r 1 9 1 4 to t h e e n d o f D e c e m b e r 1 9 2 1 .
The B o a r d h a s a small supply of t h e s e p a m p h l e t s ,
a n d i f d e s i r e d , a l i m i t e d n u m b e r i n a d d i t i o n to t h e e n c l o s e d
copies will be furnished upon raquest.
Very truly yours,

Wrn. 77, H o x t o n ,
Secretary.

Enclosure.
L e t t e r s e n t to C h a i r m a n a n d to G o v e r n o r
at each Federal Reserve Bank.