Full text of Records of the Federal Reserve System, Record Group 82 : Statistics: Discount Rate Changes of Foreign Banks (1924-1930) 1, Box 410, Folder 2

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

244.211 - Discount rate changes of foreign
banks
Statistics
(1924 - 1950) 1

II
I n / i i i M s lwt|a

DO NOT REMOVE ANT

PAPERS FROM THIS FILE

E N B B A L

F I L E

CQ

o




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office CorrespLuuence

FEDERAL RESERVE
BOARD

I

To___Mr. M cC lelland

Subject:.

From Mr. Goldenwela

Information has been received from India regarding an increase in
the discount rate of the Bank of India from 5 to 6 per cent, effective November
30«

The 5 per cent rate has been in effect since July 10, 1930*




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 81

Office Correspondence
To ___Mr. McClelland ________________

FEDERAL RESERVE
BOARD

Subject:

Date. ..November 13, 19 30

Change in discount rate,

From Mr, Goldenweiser

txecuuve

i / t "2_ /
Sy* y
'

-t.
C A

a

-,

Information lias been received from Denmark regarding a decrease
in the discount rate of the Danish National Bank from 4 to 3 1/2 per cent,
effective November 13.
1930,




The 4 per cent rate has been in effect since May 3,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspv,nuence
To

FEDERAL RESERVE
BOARD

Date

.November 8, 193Q

Mr. McClelland__________________

From Mr, Goldenweiaer —
»/v.
4

i

.18.41
Information has been received from Norway regarding a decrease

in the discount rate of the Bank of Norway from 4 1/2 to 4 per cent, effective
November 7.




The 4 1/2 per cent rate has been in effect since March 21, 1930,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o rm N o . 131
p | »e

Urrice Lorrespv.iuence

FEDERAL RESERVE

B
0A
R
D

rw Octoberio.i9so.

in the discount rate of the Bank of Danzig from 4 to 5 per cent, effective
October 10.




The 4 per cent rate has been in effect since August 19, 1930.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 81

Office Correspcauence
To

FEDERAL RESERVE
BOARD

-I'llMM. WtSsMWI

Date

T?LS

October 9, 1950.

n disc
discount >rate.
Subject: Change in

Mr. McClelland

From Mr. Goldenwei ser

//

— r
£rrc

Information haa been received from Germany regarding an increase
in the discount rate of the German Reichsbank from 4 to 5 per cent, effective
October 9*

The 4 per cent rate has been in effect since June 21, 1930.




\

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspc.iuence
To___ Mr. McClelland_____r — ■-

T*

FEDERAL RESERVE
BOARD

4T'^x Subject:

rw October 8. i9ao.
Change in discount rate,
i

From Mr. Ooldenweiser
^

2

Q *' / (

*

Information has been received from South Africa regarding a decrease
in the discount rate of the South African Reserve Bank from 6 to 5 1 / 2 per cent,
effective September 29.
1929




The 6 per cent rate has been in effect since August 16,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspondence
Tn

FEDERAL RESERVE
BOARD

Subject:

Mr. McClelland

ffcL&KM. 8$S€tW A

Date October 7. 1930.
Change ii^discount
i d l» count pate.

:n u
From Mr. Gk?ldenwei8er

•

S
S'

i

Information has been received from Estonia regarding a decrease
in the discount rate of the Bank of Estonia from 8 to 7 per cent, effective
October 7.

The 8 per cent rate has been in effect since October 3, 1929.




\
\

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131
r v

C C *

Urrice Lorrespoudence

FEDERAL RESERVE

bo
ar
d

rw O
ctober ?. 1930__

Subject: Change In discount rate.___
-------------------------- ^

vi>
A •v-

Information has "been received from Japan regarding a decrease in
the discount rate of the Bank of Japan from 5,48 to 5,11 per cent, effective
October 7.

The 5,48 per cent rate has been in effect since October 10, 1927




.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

P

Office Correspc uence
To

FEDERAL RESERVE
BOARD

tx n tfV fe . -

, .

'i - i

.)atp October 4. 1950

Subject : Change in d is c o u n t r a t e . ____

Mr, McClelland

From Mr. Goldenweiser

is

V

Lr"':± j L

t.tir 'V-4 X

Information has been received from Poland regarding an increase
in the discount rate of the Bank of Poland from 6 1/2 to 7 1/2 per cent,
effective October 3.
13, 1930.




The 6 1/2 per cent rate has been in effect since June

Reproduced from the Unclassified / Declassified Holdings of the National Archives

1
F o r m N o . 1 31

fice Correspondence
Mr. McClelland
From

Mr, Goldenweiaer

FEDERAL RESERVE
BOARD

Subject:.

Date

September 13,.193Q__

Change in discount rate,.._______

_____ %/a/ t r jZ±lL—

Information has been received from Colombia regarding a decrease
in the discount rate of the Bank of the Republic of Colombia from 8 to 7
per cent, effective September 19.
since May 21, 1930.




The 8 per cent level has been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

v<i.//
0

7

^

fA & ~ + 0*C J

o f> ~

—

A

’ r^ y < M

tC

-<7a - . < „ _

^

'■%«■ -* £ * & ■ * -

7< / ^ 4 y •



- c 7^

^

*L c V t£ x

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

"
n r c RtbLn-JCRVE.
tCRAL

Office Correspc _iuence
To._____Mr. McClelland________________

From

FEDERAL RESERVE
BOARD

Subject: Change i

Mr. Parry
A

^

1

...

3—84$

Dal
Information has been received from Peru regarding a decrease in
the discount rate of the Reserve Bank of Peru from 8 to 7 per cent, effective
September 1,




The 8 per cent level has been in effect since August 18, 1930*

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Urnce Lorrespc ivience
To__

Mr. McClelland
no

From

Mr. Parry

FEDERAL REi

B
0A
R
D

----------— — ------ — i
FEDERAL RESERVE BOARD F IL E
Dat< August 27, 1930.

Subject:. Change in discount rate*_____

X/

Information has been received from Finland regarding a decrease
In the discount rate of the Bank of Finland from 6 1/2 to 6 per cent,
effective August 26.
April 28, 1930.




The 6 1 / 2 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspc-xuence
To ____ Mr. McClelland_________________
From

Mr. Parry______________________

Information has been received from Danzig regarding a decrease
in the discount rate of the Bank of Danzig from 4 1/2 to 4 per cent, effective
Angust 19, 1930.
1930,




The 4 1 / 2 per cent level has been in effect since June 24,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspc ^uence
To ___ Mr, McClelland_________________
From

FEDERAL RESERVE
BOARD

Subject:.

Mr, P a r r y ___________________

Information has been received from Peru regarding a decrease in
the discount rate of the Reserve Bank of Peru from 9 to 8 per cent, effective
August 18.




The 9 per cent level has been in effect since August 2, 1930.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Corresp .idence

FEDERAL RESERVE
BOARD

Date September 9t 1930.

To.

In the discount rate of the Austrian National Bank from 5 1/2 to 5 per cent,
effective September 10.




The 5 1 / 2 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31
FEDERAL RESERVE
BOARD

Office Correspi zidence
Mr, Parry

August

7, 1930

Sject:

To______ Mr, McClelland
From

Date

ik

v

V

.

p
<A

K

Information has been received from Peru regarding an increase
in the discount rate of the Reserve Bank of Peru from 3 to 9 Per cent,
effective August 2,

26, 1930




The 8 per cent level has been in effect since July-

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspc-^uence
T o _____Mr. McClelland________________ _

FEDERAL RESERVE
BOARD

Subject:__0

Executive Foklat

From __ Mr. Parry

Ci

/
*
Information has been received from Belgium regarding a decrease

in the discount rate of the National Bank of Belgium from 3 to 2 1 / 2 per
cent, effective August 1, 1930.
since May 1, 1930.




The 3 per cent rate has been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N O . 1 31

Office Correspc-itience
To
From

Jlr..McCl el land
Mr. Parry_____

FEDERAL RESERVE
BOARD

™

1, i°?n.

__Exociiuve Fo^Qpjjc■t
:___ Change jjjt~Bi»coupt Rate.
— /A

__ Dale

/ \ j / \ ■-

/ <z t

C if
Information has been received from Peru regarding an increase in

/

the discount rate of the Reserve Bank of Peru from 7 to 8 per cent, effective
July 26, 1930.
1929.




The 7 per cent level has been in effect since November 23,

Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131

Office Correspt, >«ience

FEDERAL RESERVE
BOARD

.Kn.Ht.U-

Date___

J u ly 1 0 , I 9 3 Q

To ____ Mr. McClelland
From

M r ...Parry

C>

1. H

i

4 V-

Information has been received from India regarding a decrease in the
discount rate of the Imperial Bank of India from 6 to 5 per cent, effec­
tive July 10.




The 6 per cent level has been in effect since April 3 . 1930.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspt science
To ____ M r . McClelland
From

FEDERAL RESERVE
BOARD

Subject:___ Change in Discount Ea.te__

__ ____________

-Mr.-. Parr;

Ci

Date___J u ly 1 0 , 1 9 3 0

— --------- tr
1)8

-

Information has
from Switzerland regarding a decrease in
.s been -received
recei
the discount rate of the Swiss National Bank from 3 to
tive July 10.




per cent, 'effec­

The 3 per cent level has been in effect since April 3, 1930.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31
FEDERAL RESERVE
BOARD

Office Correspondency

Subject:,

To______Mr. McClelland

From

P a rry

C1

e

^ai

f7

Date ..June 25, 192Q...
rate*

,„v »

Information has "been received from Czechoslovakia regarding a
decrease in the discount rate of the Czechoslovak national Bank from 4 1 / 2
to 4 per cent, effective June 25.
since May 26, 1930.




The 4 1 / 2 per cent level has been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspondence

FEDERAL RESERVE
BOARD

Subject:

Date__J u ne 3 4 , I93<Li
Change in discount rate.

----------- ;
.

*4 » —

----------» F «

2— 8496

Information has "been received from Danzig regarding a decrease
v

in the discount rate of the Bank of Danzig from 5 to 4 1/2 per cent,
effective June 24.
1930.




The 5 per cent level has been in effect since May 2,

•4<__

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspc.silence
To.

Mr. McClelland

From

Mr. Parry

debt. «.»...

Information has been received from Portugal regarding a decrease
in the discount rate of the Bank of Portugal from 8 to 7 1/2 per cent,
effective June 2.

The 8 per cent level has been in effect since July 27,

1926.




executive

(der

>u

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 81

Office Correspc .uence
Mr. McClelland
From

FEDERAL RESERVE
BOARD

folder subject:

Ai. RlSEi?V£ 80-Artu fjr
Oate June 21, 1930;
Chan are in discount rate.

Mr. Barry
3— 8496

L i e *

Information has been received from fientiafiy regarding a decrease In
-

¥

the discount rate of the German Reichsbank from 4 1/2 to 4 per cent, effective
June 21.

The 4 1/2 per cent rate has been in effect since May 20, 1930.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31
x -x

FEDERAL RESERVE

Urhce Lorrespc uence

B
0A
R
D

a.*, June u. 1930.

in the discount rate of the Bank of Poland from 7 to 6 1/2 per cent, effective
June 13.




The 7 per cent rate has been in effect since March 14, 1930.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspv auence

FEDERAL RESERVE
BOARD

To______ Mr. McCl• H and
From

Subject:

mm**-

******

s^

\

_

D ite May 29. 1930.
Change 1n discount rate.

Mr. Goldenweist

3 Fo!g@F
""v

< 9 .a

i

Information has be$n redelved from Hungary regarding a decrease
in the discount rate of the National Bank of Hungary from 6 to 5 1/2 per cent,
effective May 30.




The 6 per cent rate has Been in effect since March 29, 1930.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspondence

FEDERAL RESERVE
BOARD

To ____ Mr. McClelland_________________
From

Mr. Ooldenweiser

‘

ate. May 29, 1930.______ _

Subject^ Chan ge la.discount rate.
1

1 “

“
-f
3— 8465

Information has been received from Yugoslavia regarding a
decrease in the discount rate of the National Bank of the Kingdom of
Yugoslavia from 6 to 5 1 / 2 per cent, effective May 28.
rate has been in effect since June 23, 1922.




The 6 per cent

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31
y x

(* (* •

f

Urrice Lorrespc. aence

FEDERAL RESERVE

B
0A
R
D

Datc_„_M
ay a-, ism.

Information has "been received from Czechoslovakia regarding
a decrease in the discount rate of the Czechoslovak National Bank from
5 to 4 1/2 per cent, effective May 26.
in effect since March 8, 1927.




The 5 per cent rate has been

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspi -luence
To__

Mr, McClelland

FEDERAL RESERVE
BOARD

Dqtp May 23, 1930.

S ubject__Change

rate!
. / If
M <LC^

From

Q—•

u
Information has "been received from Austria regarding a decrease
in the discorunt rate of the Austrian National Bank from 6 to 5 1/2 per cent,
effective May 24, 1930.
22, 1930.




The 6 per cent rate has been in effect since March

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspondence
To

Mr. McClelland

From

Mr. Goldenweise

FEDERAL RESERVE
BOARD

f ' n lr la f
i
Subject;

F W

May 22, 1930.

Change in discount rate.
%/ V " T

/ "2- < )

U--^C-4,/ 1. V_
Information has been received from Colombia r e g a r d i n g d e c r e a s e
in the discount rate of the Bank of the Republic of Colombia from 9 to 8
per cent, effective May 21.
November 20, 1929,




The 9 per cent rate has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office CorrespcMr. McClelland
From

FEDERAL RESERVE
BOARD

Datfi

May 20. 1930.

Subject; Change in discount rate.

Mr. Gtoldenweii

*^

//

s L>L

Information has been received from Italy regarding a d e c e a s e
in the discount rate of the Bank of Italy from 6 to 5 1 / 2 per cent, effective
May 19.

The 6 per cent rate has been in effect since April 24, 1930




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspc .iuence
T o______ Mr* McCl e l l and

From

Mr. Goldenweiser,

FEDERAL RESERVE
BOARD

Date

May 19. 1930,

Subject: Change in discount rate.

%

Sl / /
y yctT'

Information has been received from Germany regarding a decrease
in the discount rate of the German Beichsbank from 5 to 4 l/2 per cent,
effective May 30.
1930,




The 5 per cent rate has been in effect since March 25,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 181.

Office Correspondence

FEDERAL RESERVE
BOARD

Date

May 1, 1930

the discount rate of the Bank of France from 3 to 2 1/2 per cent, effective
May 2, 1930.




The 3 per cent rate has been in effect since January 30, 1930*

neproaucea rrom the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 181.

Office Correspondence
T o ____Mr. McClelland
From__Mr. Goldenweiser

FEDERAL RESERVE
BOARD

Date J h y U 19
Subject:.

Change In dflVco-

t rate : * ' / ,
lx

,
2— 8466

Information has been received from Belgium regarding a decrease
in the discount rate of the National Bank of Belgium from 3 1/2 to 3 per
cent, effective May 1.
January 1, 1930.




The 3 1 / 2 per cent rate has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 181
/ ''t

Uthce Lorrespviiuence

FEDERAL RESERVE

K
,AR
U

ton 23,1920.

To__
From

Information has been received from Finland regarding a decrease
in the discount rate of the Bank of Finland from 7 to 6 1/2 per cent, effective
April 28.

The 7 per cent level has been in effect since November 16, 1928.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To

FEDERAL RESERVE
BOARD

Mr, McClelland

From_____Mr, Goldenwei ser

Information has been received from Italy regarding a decrease in
the discount rate of the Bank of Italy from 6 1/2 to 6 per cent, effective
April 24.




The 6 1 / 2 per cent rate has been in effect since March 3, 1930.

reproduced from the Unclassified / Declassified Holdings of the National Archives

I net

m ***

F o r m N o . 181.

Office Corresp£*idence

nm

FEDERAL RESERVE
BOARD

Mr. McClallaad

From.

Mr.

-— P"

2—8*86
ti.-

Information has been received from Danzig regarding
in the discount rate of the Bank of Danzig from 5 1/2 to 5 per cent




per cent rate has been in effect since March 8»

J

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

rlflC%AL

Office Correspc-idence
To ______ Mr. McClelland
From

FEDERAL RESERVE
BOARD

& * * * 1* *

D|te April 3. 1930,

Subject ^C h a n g e i a

_1__ _

Mr. Gsldeaweiser

Information has been received from India regarding a decrease
in the discount rate of the Imperial Bank of India from 7 to 6 per cent,
effective April 3.
31, 1929.




The 7 per cent level has been in effect since October

\

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o rm N o . 181

Urrice Correspondence
To _______ Mr. McClelland______________

FEDERAL RESERVE

B
M
R
D

Subject:

,^ Anma. 1920
Change in discount rata.

in the discount rate of the Swiss National Bank from 3 1/2 to 3 per cent,
effective April 3.
22, 1925.




The 3 1 / 2 per cent level has been in effect since October

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o rm N o . 131

O ffice Correspc silence

FEDERAL RESERVE
BOARD

Subject:

Date. A pr il_„3,_-1930,
Change in d is c o u n t r a t e .

JL
Information has been received from Sweden regarding a decrease//
in the discount rate of the Bank of Sweden from 4 to 3 l/2 per cent, effective
April 3.

The 4 per cent level has been in effect since March 7, 1930.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o rm N o . 131

Office Correspc-dence

FEDERAL RESERVE
BOARD

>wr
iJate .March 29, 1930.

To_____Mr. McClelland________________

Subject:.__ Change in d i s coun t r a t e .

From

_____

Mr, Goldenwelser______________

L ift/ -.

Information has been received from Hungary regarding a decrease
in the discount rate of the National Bank of Hungary from 6 1/2 to 6 per
cent, effective March 29.
February 13, 1930.

1

/




The 6 l/2 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31
FEDERAL RESERVE
BOARD

To.

Mr. McClelland

ate March 25, 1930.

Subject:._Change in discount rate.

Mr. Goldenweiser

^

t 's - fj

y

c,v

it
'

*) ^
I

/
/

\

\ .*... .-,4

Information has been received from Netherlands regarding a

U

decrease in the discount rate of the Netherlands Bank from 3 1/3 to 3 per
cent, effective March 25.
since March 7, 1930.




The 3 1/2 per cent level has been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

IV4
*61

Office Correspondence
To

FEDERAL RESERVE
BOARD

,a.

nX

rtate March 24, 1930

Mr. McClelland

From Mr. Goldenweiser

Information has been received from Germany regarding a decrease
in the discount rate of the German Beicbshank from 5 1/2 to 5 per cent, effective
March 25.

The 5 1/2 per cent level has been in effect since March 8, 1930.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

I-- — --- —

F o r m N o . 1 31

Office Correspondence
To_____Mr. McClelland,________________

FEDERAL RESERVE
BOARD

Subject:.

-----------

Ipate March 2kt I93B)____
I
i h
.y

y~

Change in discount 'raTi^*

Information has been received from Austria regarding a decrease in
the discount rate of the Austrian National Bank from 6 l/2 to 6 per cent,
effective March 22.
February 11 , 1930 .




The 6 l/2 per cent rate has been in effect since

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspo..aence
To______

Mr. McClelland____________

F r o m _____ Mr,. Soldenweiser___________
•>

* ^ T vv/

f

FEDERAL RESERVE
BOARD

iJate

«Bfc-4S- i

March SO. 19^0

Subject:,
Change in.di'seguat rate
N

u

V*

Information has been received from Norway regarding a decrease
in the discount rate of the Bank of Norway from 5 to 4 l/2 per cent,
effective March 21.
December 28, 1929 .




•-wsfci"?kJl

The 5 P er cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspondence
To______ Mr. McClelland_______________

Information has been received from England regarding a decrease
in the discount rate of the Bank of England from 4 to 3 l/2 per cent,
effective March 20.
March 6 , 1930*




The 3 l/2 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspondence

FEDERAL RESERVE
BOARD

Oatb_«arch 14, 1930..._

To ____ 16% McClelland
From

JJ a

Mr. Parry

7

Information has "been received from Poland regarding a decrease
in the discount rate of the Bank of Poland from 8 to 7 per cent, effective
March 14.




The 8 per cent level has been In effect since January 31, 1930.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

>

Office Correspondence

FEDERAL RESERVE
BOARD

patft March 11. 1930.

To___ Mr. McClelland _____________

Information has "been received from Java regarding a decrease in
the discount rate of the
March 10.

of Ja.va from 5 to 4 1 /2 per cent, effective

The 5 per cent level has "been in effect since February 10, 1930.




i

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

m. '#&*•**•

Office Correspondence
To_

Mr. McClelland

FEDERAL RESERVE
BOARD

Subject:

Date March 10,.1930.
Change in disco

From Mr. Goldenweii
.re

3— 8406

Information has been received from Danzig regarding a decrease in
the discount rate of the Bank of Danzig from 6 to 5 l/2 per cent, effective
March 8,

The 6 per cent level has Been in effect since November 23, 1929.




r

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 181

Office Correspondence
To.

_Mr« McClelland

rutt*

FEDERAL RESERVE
BOARD

>)ate March 7. 1930

Subject__Change 1 n^dtBcoput^jAte .______

F r o m __ Mr. Goldenwei
V J "

'0 * L - C .-

/

1

•» «

3— 8*85

Information has been received from Denmark regarding a decrease
in the discount rate of the Danish National Bank from 5 to 4 1/2 per cent,
effective March 7,
1929




The 5 per cent level has been in effect since December 27,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspondence
To _____ Mr. McClelland________
From

Mr. Soldenweise:

___

FEDERAL RESERVE
BOARD

r e F r o a s L£T]

S u b je c tC h ange in d i s cQ.n n t _r.ate ....
i r.-Vin
I VUi----

:l

C X *-a
Information has been received from Netherlands regarding ,i
decrease in the discount rate of the Netherlands Bank from 4 to 3 1 / 2 per
cent, effective March 6.
January 15, 1930.




The 4 per cent rate has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

( rtl&ftM. M M * . **''"*'
J

Urrice Correspondence
To. Mr, McClel 1 and

FEDERAL RE£

B
0A
R
D

Date. March 7, 1930.

Subject: Change in
:-7T

From Mr. Goldenweiser

•

U A.

t

Information has been received from Germany regarding a decrease in
the discount rate of the German Reichsbank from 6 to 5 1/2 per cent, effective
March 8.

The 6 per cent level has been in effect since February 5, 1930.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspondence
To

Mr. McClelland

FEDERAL RESERVE
BOARD

Subject:

From MTjl

Information has been received from
in the discount rate of the Bank of Sweden from 4 1/2 to 4 per cent, effective
March 7,

The 4 1 / 2 per cent rate has been in effect since January 1, 1930.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspondence
To_

_Mr. McClelland__________________

FEDERAL RESERVE
BOARD

5

UX

HCSCRVfe.

jJatcJtorch 6,_1950.___

Subject: Change in direount/ra
&L f (

From Mr. Qoldenweiser
•m
ZA4*x.'-

Information has beeA received from England regarding a decrease
in the discount rate of the Bank of England from 4 1 / 2 to 4 per cent, effective
March 6.

The 4 1 / 2 per cent rate has been in effect since February 6 , 1930.




\

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 181.

Office Correspondence
To

Mr. McClelland

Fror

Mr. Goldenweise

FEDERAL RESERVE
BOARD

Date March 4, 1930.____ _
in'
.n ^ c p ^ i

g a te .

I

L,/ i* -J

lj

3 ^ 1 1 -Tnformation has been received from Italy regarding a decrease in
the discount rate of the Bank of Italy from 7 to 6 1/2 per cent, effective
March 3.




The 7 per cent rate has been in effect since March 14, 1929.

fmm*

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 81

Office Correspor ence

FEDERAL RESERVE
BOARD

\srite. February 12. 1930,
in discount rate,

Information hag been received from Hungary regarding a decrease in
the discount rate of the National Bank of Hungary from 7 to 6 1/2 per cent,
effective February 13.
25, 1930.




The 7 per cent level has been in effect since January

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspondence
To ____ Mr. McClelland
From

Mr. Soldenweiser

________
■

FEDERAL RESERVE
BOARD

Date. February 11 ,», 1930

Subject: Change in discount rate
1/ *■/-

■e i

A.

Information has been received from Austria regarding a decrease in
the discount rate of the Austrian Rational Bank from 7 to 6 l/2 per cent,
effective February 11*
25, 1930.




The 7 per cent level has been in effect since January

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131
✓ V

.

/• /• •

Urrice Correspondence

FEDERAL RESERVE

toAR
D

Datejewry u, isso

Information has been received from Java regarding a decrease in
the discount rate of the Bank of Java from 5 1/2 to 5 per cent, effective
February 10«




The 5 1/2 per cent level has been in effect since July 22, 1939.

i

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspondence
To_______ Mr. McClelland____________

From

FEDERAL RESERVE
BOARD

Subject:,

Z V /-

Mr. Goldenwelser
v

J U

a

.

/I

e,e
A.A - -- •

Information has been received from England regarding a decrease in
the discount rate of the Bank of England from 5 to 4 l/2 per cent, effec­
tive February 6 .
12, 1 9 2 9 .




The 5 Per cent level has been in effect since December

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspondence
To

Mr. McClelland,________________

From

Mr. G o l d e n w e l s e r _________

FEDERAL RESERVE
BOARD

D^te_Zek
>ate. X eOx u a rg 4 , 193Q*
if

n dig
discount
Subject: Change in
conn rate.

■ix

Information has "been received from Germany regarding a decrease in
the discount rate of the German Reichsbank from 6 1/2 to 6 per cent, effective
February 5.




The 6 1/2 per cent rate has been in effect since January 14, 1930.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31

Office Correspondence
To
From

Mr. MeClelland

t\

FEDERAL RESERVE
BOARD

Subject:

31, 193Q,
Change in discount rate

Goldenweis
\n

■«; K
f.A

av

A
v

Information has been received from Poland regarding a decrease in
the discount rate of the Bank of Poland from 8 1/2 to 3 per cent, effective
January 31«




The 8 l/2 per cent rate has been in effect since November 15, 1928,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

—-

Office Correspondence

FEDERAL RESERVE
BOARD

T o_____Mr. McClelland._________________

From _ Mr. Goldenweiser

['•'*•'” ’’70 FcMor

pate January 311 1930,
Subject:

Change in discount rate.
•*

. - j- t f

Ia lijy,
b & lA 3„|.,L-.JjjM
.- - ,

n

Information has’been received from France regarding a decrease in
the discount rate of the Bank of France from 3 1/2 to 3 per cent* effective
January 31.




The 3 1 / 2 per cent rate has been in effect 'since January 19, 1928.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 1 31 .
r x

/•

I

Urrice Correspondence
*”* .

To
From

J^-McClelland

; -

FEDERAL RESERVE

- A" i . : w w

aj.

r80^ ,,

j

Vz i L* '■

, /^Subject:

flSiKAL

88A80 I’
M

Date January 25 f 1930
Change in discouat rate,
— nirir

Mr. Goldenweiaer

o
C L /L .

.

X-

y
Information hag "been received from Austria regarding a decrease

in the discount rate of the Austrian National Bank from 7 1/2 to 7 per cent,
effective January 25,
December 9, 1929*




The 7 1/2 per cent rate has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence

FEDERAL RESERVE
BOARD

f

"

^ •

S **®

I|

Oatp January 25. 1930.

Information has been received from Hungary regarding a decrease
in the discount' rate of the National Bank of Hungary from 7 1/2 to 7 per
cent, effective January 25,
November 4, 1929,




The 7 1 / 2 per cent rate has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To

Mr. McClelland.

From

Mr. I t o r y

FEDERAL RESERVE
BOARD

" r>~

‘

Da te January 16. 1950.
Subject:

Change in <tl

______

Information has been received from Ecuador regarding a decrease
in the discount rate of the Central Bank of Ecuador from 10 to 9 per cent,
effective January 15.
1929




The 10 per cent rate has been in effect since May 15,

|

\

Reproduced from the Unclassified / Declassified Holdings of the National Archives

...v r

^

\

\

F o r m N o . 1 31 .

Office Correspondence
To
Frnm

FEDERAL RESERVE
BOARD

Subject:

Mr. McClelland
Mr, Parry
ix v u

J i i

vo Fold?

\

January 16. 1930,
Change

V V /v

z/

;

ik iid
Information has been received from Netherlands regarding a decrease
in the discount rate of the Netherlands Bank from 4 1/2 to 4 per cent, effective
January 15,




The 4 1 / 2 per cent rate has been in effect since November 16, 1929,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 13

orrespoudence

FEDERAL RESERVE
BOARD

Da te January 13f 1930
Subject: _ Change in

To i__ Mr* McClelland
From__ Mr. Goldenweiser

■ft ''

L A W ” ‘
l W - ;

0

>M

L
i ' . A \ 6***~-AA*
V

Information has been received from Germany regarding a decrease
in the discount rate of the German Reichsbank from 7 to 6 1/2 per cent, effective
January 14.

The 7 per cent level has been in effect since November 2, 1929.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence

FEDERAL RESERVE
BOARD

D a te

January 3t 1930.

Subject:___Change in discount rate____

From,

Mr. Goldenwe

t

VA

F fM p r

I

xe.ns

.X

/

)Tv CX.'-/jL *w
...
Information has been received from Belgium regarding a decrease
«

in the discount rate of the National Bank of Belgium from 4 1/2 to 3 1 / 2
per cent, effective January 1.
since November 14, 1929.




The 4 l/2 per cent rate has been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspcudence

FEDERAL RESERVE
BOARD

Date December 30 , 1929

To_
From.

Information has been received from Norway regarding a decrease
in the discount rate of the Bank of Norway from 5 l/2 to 5 per cent,
effective December 2J.

The 5 l/2 per cent rate has been in effect

since November 22, 1929 .




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence

FEDERAL RESERVE
BOARD

D ate December 27, 1929.

Information has been received from Denmark regarding

a

decrease

in the discount rate of the Danish National Bank from 5 l/2 to 5 per cent,
effective December 27.
September 27, 1929.




The 5 1 / 2 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspcudence
To

Mr. McClelland

From,

Mr. Goldenweis

n s r r - t..

FEDERAL RESERVE
BOARD

Date. December 26, 1929.
, Subject:__Dhange..lit- dis<

\ l(J J

,,A,

Information has been received from Sweden regarding a decrease in
the discount rate of the Bank of Sweden from 5 to 4 l/2 per cent, effective
January 1,




The 5 per cent level has been in effect since December 13, 1929.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

Information has "been received from Sweden regarding a decrease in
the discount rate of the Bank of Sweden from 5 l/2 to 5 per cent, effective
December 13.
1929




The 5 l/2 per cent level has been in effect since September 27,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

Information has "been received from England regarding a decrease in
the discount rate of the Bank of England from 5 1/2 to 5 per cent, effective
December 12.
1929.




The 5 l/2 per cent level has been in effect since November 21,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

I
Office Correspondence

F o r m N o . 131.

To

Mr, Me Ole H a n d

From,

Mr. Golaenwei

FEDERAL RESERVE
BOARD

Date De cembe r...

13-29___

Subject:__Change in discount ra

.

i

r

iV a

FnlfW

v G U u ^ v I y$uvi

r.c-i
Information has been received from Austria regarding a
decrease in the discount rate of the Austrian National Bank from 8 to
7 l/2 per cent, effective December 9.
in effect since November 23, 1929.




The 8 per cent level has been

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 181.

Office Correspondence

FEDERAL RESERVE
BOARD

f)ni> November SO. 1939
i f-• •

T o ___ Mr. McClelland__________________

Subject:, Change in discount rate.

the discount rate of the Reserve Bank of Peru from 8 to 7 per cent, effective
November 23.




The 8 per cent level has been in effect since November 13, 1929

Reproduced from the Unclassified / Declassified Holdings of the National Archives

I\
Office Correspondence

F o r m N o . 181.

FEDERAL RESERVE
BOARD

Subject:^ Change ift discount rate

T o _____ Mr. McClelland.
From_

Mr. Soldenweieer .p'.GC U ’
ltV O

Date November 26. 1929,

i.'O-uBi

f if) /

J'

Information has been received from Rumania regarding a decrease
in the discount rate of the National Bank of Rumania from 9 l/2 to 9 per
cent, effective November 26.
since May 14, 1929.




The 9 l/2 per cent level has been in effect

Keproaucea from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence

FEDERAL RESERVE
BOARD

Da te November 23, 1929,

T o ____ Mr. McClelland

rate.

From___ Mr, G oldenw eiser

</ <

//

X T" a

\\ \v y p<-\

- A-y/

'

2—84
"r°

-

Information has "been received from Danzig regarding a decrease
in the discount rate of the Bank of Danzig from 6 l/2 to 6 per cent, effective
November 23,
1929




The 6 l/2 per cent level has been in effect since November 2,

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To _

Mr. McClelland

From.

Mr. Goldenweiser

FEDERAL RESERVE
BOARD

D ate Novem ber

23

,

1929.

Subject:__Shange in discount rate.

5 - V V * 'vL. i /
2—84
,r"
A.LA,--,

Information has been received from Austria regarding a decrease
in the discount rate of the Austrian National Bank from 8 l/2 to 8 per cent,
effective November 23.
September 28, 1929.




The 8 l/2 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

Lk x
fHWlftAtdx

F o r m . N o . 131.

Office Correspondence
To

Mr. McClelland__________________

From

Mr. Goldenweiser

,

tul

FEDERAL RESERVE
BOARD

ite^ Novemoer
November 22, 1929,
Subject:

Change i: c^ c

.►f_

__________
■W^N*%*n*

4-:
-----j
—

£i
Information has been received from England regarding a decrease
in the discount rate of the Bank of England from 6 to 5 l/2 per cent effective
November 21.




The 6 per cent level has "been in effect since October 31, 1929,

\

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 131.

Office Correspondence
To

Mr. McClelland

From,

Mr. Goldenweiser

*HA

FEDERAL RESERVE
BOARD

d ate November 22. 1929.
Change 1,n discount r ^ e .
]
i

7 7

V

+*&***_y:..

Information has been received from Norway regarding a decrease in
the discount rate of the Bank of Norway from 6 to 5 l/2 per cent, effective
November 22, 1S29.
27, 1929.




s

The 6 per cent level has been in effect since September

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31 .

Office Correspondence
To

Mr. McClelland

From_

Mr. Goldenweiser

FEDERAL RESERVE
BOARD

P a te November 22. 1939.

Subject:

/ .A.XLA

L*

Information has been received from Colombia regarding an increase
in the discount rate of the Bank of Colombia from 8 to 9 per cent, effective
November 20.




The 8 per cent level has been in effect since October 10, 1929.

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F p r in N o . M l.

gWfice Correspoiiuence
To

FEDERAL RESERVE
BOARD

P a te November 16f 1929,
Subject;

Mr. McClelland

From___Mr. Goldenweiser

.8?ll/A
, r
—
— r

»

Change in dig count pate. _

______

j
a -£t

Information has been received from Netherlands regarding a decrease
in the discount rate of the Netherlands Bank from 5 to 4 l/2 per cent, effective
November 16, 1929.
1, 1929.




The five per cent level has been in effect since November

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31 .

Office Correspoiiuence
To
From.

IS r, M cC lellan d
Mr. Goldenweiser

FEDERAL RESERVE
BOARD

D a te November 15t 1929,
SuhjerJ; Change in discount rate.

auVQ FoiUBf

V

T>v, ■- n ru,

z? .

T

V>

->

//

, a-

v

(-"i.1

ClX a '&• -w ,

.
Information has been received from Poland regarding a decrease in the
discount rate of the Bank of Poland from 9 to 8 l/2 per cent, effective November
15, 1929.

The nine per cent level has been in effect since April 19, 1929.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31 .

Office Correspondence

FEDERAL. RESERVE
BOARD

Date November 14, 1929

To

Mr, McClelland

Subject: _ Change in discount rate,

From

Mr. GoldenweisgrTo

________________ 3 y V .

/ i

Ex
Information has "been received from7 Belgium regarding a decrease
in the discount rate of the National Bank of Belgium from 5 to 4 l/2 per
cent, effective November 13, 1929,
effect since July 31, 1929,




The five per cent level has been in

Reproduced from the Unclassified / Declassified Holdings of the National Archives

I

F o r m N o . 131.

Office Correspou ^ence

FEDERAL RESERVE
BOARD

Date

November-lSTia39SLV'V

To

Kr. McClelland

From

Mr. Groldenyredriei

< m n \m
r

Fo$
,i8F*-

4.

Change in discou.it rate
■<!.sn-A--

A » t.

Information has been received from Peru regarding an
increase

in the discount rate of the Reserve Bank of Peru from 7 to 8

per cent, effective November 12, 1929.
been in effect since October 31, 1929.




T>e seven per cent level has

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence

FEDERAL RESERVE
BOARD

Date.__November 7 ,. 1$29_

Subject:
2—8495

c j i A vv.&A

We have just received a cable from the National Bank of Czechoslovakia
to the effect that an act reestablishing the gold standard has been passed,
and that the relation of the^-crown to gold has been fixed at one crown to
44-58 milligram fine gojrd.

The date of the convertibility of the notes to

gold is subject to/6n agreement between the Bank and the Government.

We

shall be notified of the day when the arrangement is proclaimed.




_____

AT BOARD MEETING."'” '
NOV

8 192!

Keproauced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
T o ______Mr. McClelland_____

FEDERAL RESERVE
BOARD

Date November 4, 1929.
Subject:.

Change in discount rate.___

,f\

r-

U L.

- A . ... «„^5 ^

A
V

Information has been received from Hungary regarding a decrease in
the discount rate of the National Bank of Hungary from 8 to 7 1/2 per cent
effective November 4.
1929.




The 8 per cent level has been in effect since April 34,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

v F o r m N o . 131.

Office Correspondence
T o ____ Mr. McClelland__________________

FEDERAL RESERVE
BOARD

Date

November 2 . 1929.

Subjects Change in discount rate.
______________

__

Lf V 1oL- / /
*

\$ U « .
A ^

jC
{/
y

Information has been received from Germany regarding a decrease
in the discount rate of the German Reichsbahk from 7 l/2 to 7 per cent effective
November 2.




The 7 1^2 per cent level has been in effect since April 25, 1929.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

o r m N o . 131.

Office Correspondence
To

Mr. McClelland

From,

Mr. Goldenwei

FEDERAL RESERVE
BOARD

Date___November 2 , 1929.
Subject:.

Cv
/■.V V. -'1

!- ^.Jl|

T

H ^ 1*j-r / /
,-CA - *•, j C-

Information has been received from Danzig regarding a decrease in
the discount rate of the Bank of Danzig from 7 to 6 l/2 per cent, effective
November 2, 1929.
30; 1929.




The seven per cent level has been in effect since April

Reproduced from the Unclassified / Declassified Holdings of the National Archives

'F o r m

N o . 131,

Office Corresponuence

FEDERAL RESERVE
BOARD

Date November 1, 1929,

Change in discount rate.____
V

- -l / /
< c fi

2—8495

Information has been received from England regarding a decrease
in the discount rate of the Bank of England from 6 1/2 to 6 per cent effective
October 31,
1929




The 6 l/2 per cent level has been in effect since September 26,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To _

Jlr. McClelland

From.

Mr. Qoldenweiser

FEDERAL RESERVE
BOARD

Date November 1 . 1929.

Subject:.

Change In discount rate.__
______ i /

/ / ______

VJv

V-

*’

U

Information has been received from India regarding an increase
in the discount rate of the Imperial Bank of India from 6 to 7 per cent
effective October 31.
10, 1929.




The 6 per cent level has been in effect since October

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To
Fmm

Mr. McClelland
Mr, Ooldenweis

FEDERAL RESERVE
BOARD

D a te November 1, 1929.
Subject:___ Change in discount rate.

Folder

H-H-

-U -

-4--V. * 4 - .

Information has been received from the Netherlands regarding a
decrease in the discount rate of the Netherlands Bank from 5 1/2 to 5 per
cent effective November 1.
since March 25, 1929.




The 5 l/2 per cent level has been in effect

2—8485

Reproduced from the Unclassified / Declassified Holdings of the National Archives

Fvocutive Folder

F o r m N o . 131.

C C*

'

I FBqfERALJ^ESERVE
| FBtiERAL
flES!

Urrice Correspondency |7^s
T o ______ Mr. McClelland

Suhject:

D a te October 31, 1929
Change in discount r a te,__
<»>- //
2—8495
t, (

'.V ^

Information has been received from Peru regarding an increase
in the discount rate of the Reserve Bank of Peru from 6 to 7 per cent
effective October 31.
September 2, 1929




The 6 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To

Mr. McClelland

From,

Mr. Gol&enweisei^jJ.

n

FEDERAL RESERVE
BOARD

Date_October .11, .1929
Subject:^ J3hange in discount rate,

V

__ . .T O
"T1U31V

2, / /

UOI

t-

Vp.
■A

Information has been received from India regarding an increase
in the discount rate of the Imperial Bank of India from 5 to 6 per cent,
effective October 10.

6 , 1929.




The 5 per cent level has been in effect since June

neproaucea rrom tne Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Offic

Correspondence

FEDERAL RESERVE
BOARD

Date Qcftoberyll, 1929,

To ____ McClelland____________________

Subject:___ Change
or

TtA R % !> '"

t rate**
^ i fcu /./

U-

J-ii *yi*i*€„„ / ATI
O jju e l

Information has been received from Colombia regarding an

0s

increase in the discount rate of the Bank of the Republic of Colombia from
*

7 to 8 per cent, effective October 10,
effect since August 1, 1929,




The 7 per cent level has been in

Keproauced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Corresponuence
To

Mr. McClelland

From.

Mr. _Groldenweiser

FEDERAL RESERVE
BOARD

October 18. 1929.

Subject:

fhz
Information has been received from Estonia regarding an increase
in the discount rate of the Eesti Bank from 7 1/2 to 8 per cent, effective
October 3.




The 7 l/2 per cent level has been in effect since January 2, 1928.

reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To

Mr, McClelland

From,

Mr. Goldenweis

FEDERAL RESERVE
BOARD

Date September 28, 1929.
y
A

Subject:,_(3han»e Jtn Ai/scaU^ft rate.*
^
/ y

lor

____

_
r r 6

4 ,

.s<

U
Information has been received from Austria regarding an increase
in the discount rate of the Austrian National Bank from 7 l/2 to 8 l/2 per
cent, effective September 28.
since April 24, 1929.




The 7 l/2 per cent level has been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office CorrespoikUence

rccoAL rt m m imm> *ka

FEDERAL RESERVE
BOARD

Di if;

September 2 7 T 19.29, i

Information has "been received from Denmark regarding an increase
in the discount rate of the Danish National Bank from 5 to 5 l/2 per cent
effective September 27.
24, 1926,




1

The 5 per cent level has been in effect since June

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To

Mr. McClelland

From

Mr. Goldenweiser

FEDERAL RESERVE
BOARD

j

,lUL

DateI September 27, 1929

Subject:

Change izi diZcoiaATr^e.

^S L T ^F ' u

^*
■>UxSXjLr

'1
Information has been received from England' regarding an increase
in the discount rate of the Bank of England from 5 l/2 to 6 l/2 per cent
effective September 26,
February 7, 1929,




The 5 l/2 per cent level has been in effect since

-77-

Reproduced trom the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To
From

Oatf. September 26. 1929.

Subject:.

Mr. McClelland
Mr. Golaenweiser

FEDERAL RESERVE
BOARD

'•

t

U

i t i v l

in discount rate,
U

U

Information has been received from Norway regarding an increase in {the
discount rate of the Norges Bank from 5 1/2 to 6 per cent effective September
27.

The 5 l/2 per cent level has been in effect since March 27, 1928.




Keproduced from the unclassified / Declassified Holdings of the National Archives

7 1. -v

KUMLftAi
F o r m N o . 131.

Office Correspondence
To

Mr. McClelland

From

Mr. floldenweiser

FEDERAL RESERVE
BOARD

Date

Subject:

September 26. 1929.

V T L 's*~~ ( /
Change in discount rate. ____ __
y ^ c c ix ..
L-A.

4X
4

U
Information has "been received from Sweden regarding an increase in
the discount rate of the Swedish Rikshank from 4 l/2 to 5 l/2 per cent,
effective September 27.
August 24, 1928.




The 4 1/2 per cent level has "been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspondence
T < */f

Mr. M cC lelland

From

Mr. Parry

_____________

FEDERAL RESERVE
BOARD

September 4. 1929

n Discount $ate__
Subject: Change in
gate

t

tir
"*

A,-"1-*-

Information has been received from Peru regarding a decrease in
the discount rate of the Reserve Bank of Peru from 7 to 6 per cent effective
September 2.




The 7 per cent level has been in effect since March 7, 1929.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

I

F o r m N o . 131.

Office Correspondence
To

FEDERAL RESERVE

Mr. McClelland

7

r

J

Information has been received from South Africa regarding an increase in
the discount rate of the South African Reserve Bank from 5i to 6 per cent
effective August 19.
1928.




The 5^ per cent level has been in effect since January 9,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

ice Corresponuence
Mr* Goldenweiser

U

FEDERAL RESERVE
BOARD

f ID * *

Late_Angliat 1, 1929_

**
V*.w ■

Date _ $ M - l 4 -

••"WHS*

iJL

(C % £
:•^,'r'

Information has been received from Colombia regarding a decrease
in the discount rate of the Bank of the Republic of Colombia from 8 to 7 per
cent effective August 1*
18, 1929.




The 8 per cent level has been in effect since March

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o rm

orresponuence

FEDERAL RESERVE
BOARD

Executive V o l ^
From.

Mr, Goldenwe 1ser

D a t e .x M ^ t

Date___August X, 1939
Change in dissp^nfr'rate,

— \a

z

l-f i eL--/ /

2—s e s

( l%u
Information has been received from Belgium regarding an increase
in the discount rate of the National Bank of Belgium from 4 to 5 per cent,
effective July 31, 1929,
30, 1928,




The 4 per cent level has been in effect since June

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence

FEDERAL RESERVE
BOARD

uate __ July 24, 1929.
Subject:__ Change Inndisabunt ^fate.

To

Mr. Eddy

From,

Mr. Goldenweiser

z D*
Information

1<5-- H

~T%

((
2— 8*86

c

..La .<

been received from Java regarding an increase

in the discount rate of the Bank of Java from 4 l/2 to 5 1/2 per cent,
effective July 22, 1929.
February 25, 1929.




The 4 1/2 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

h
Office Correspok ?nce

F o r m N o . 1 31

To.

Mr. Eddy.

From

L A x A tU L i ^ v v
Hr. Parry

FEDERAL RESERVE
BOARD

Subject:

e in discount rate.
-r^ c -rf

\
hi—
*tI
Information has been received from Bulgaria, regarding an increas
in the discount ra.te of the National Bank of Bulgaria from 9 to 10 per
cent, effective July 2, 1929.
since December 15, 1928,




The 9 per cent level has been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To

Mr. Eddy_

From.

Mr. G-oldenweiser

FEDERAL RESERVE
BOARD

Date_June 6 t 1929.
urate.

-Executive F o l d F "
^ y

(/

7 A .C
Information has been received from India regarding a change in the

N

discount rate of the Imperial Bank of India from 6 to 5 per cent, effective
June 6 , 1929,




The 6 per cent level has been in effect since May 9, 1929,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

jnce

FEDERAL RESERVE
BOARD

ate M ay 1 5, 192.9
__ Ghange in dig co-gat rate..,

l/f

j

. . .

3— 8486

Information, has been received from Rumania regarding an increase ' (
in the discount rate of the National Bank of Rumania from 8 to 9 l/2 per
cent effective May 14.
3, 1929.




The 8 per cent level has been in effect since May

aX

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

CorrespcK-n

j n c e

FEDERAL RESERVE
BOARD

Subject :

From

i)are

May 9, 1929,

Change in

v£x0€utii/e.Fo"MeF
Information has been received from India regarding a change in the
discount rate of the Imperial Bank of India from 7 to 6 per cent, effective
May 9, 1929.




The 7 per cent level has been in effect since April 11, 1929.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspok- 3nce
To._________ Mr. JOddy
F ro m ___

thJk

FEDERAL RESERVE
BOARD

rJattf

May 4. 1929.

*•
Subject:____ Change in discount rate.

I.

Mr. Groldenweiser
<•<-< W f c T e

eJtL A
Information has "been received from Rumania regarding an increase
in the discount rate of the National Bank of Rumania from 6 to 8 per cent
effective May 3.
4, 1920.




The 6 per cent level has "been in effect since September

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31 .

Office Correspondence

FEDERAL RESERVE
BOARD

Executive Folder

To _ _____ Mr. Eddy____
From.

Mr. G-oldenweiser

n

i

uate

Date April 25. 1929

Subject:

(_/. vv. 4^^,

Information has been received from Germany regarding an increase
U
in the discount rate of the German Reichsbank from 6 l/2 to 7 l/2 per cent
effective April 25.
January 12, 1929.




The 6 l/2 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
FEDERAL RESERVE
BOARD

Office Correspondence o m
L
v

Uf. Date__ April 24, 1989

a w

. Change in discount rate,

From,

*yAV
Mr. Goldenweiser

V-.-4 Z

Information lias been received from Hungary regarding an increase in
the discount rate of the National Bank of Hungary from 7 to 8 per cent
effective since April 24.
October 2, 1928




The 7 per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence,

FEDERAL RESERVE
BOARD

Date

'Executive rois

To
From

-------Da
Mr, Goldenweiser

tojIvfU

Aoril 33. 1929

Subject:_Change in dis copat rate.

_______________ ^

<1

Information has been received from Austria regarding an increase in
Sj
the discount rate of the Austrian National Bank from 6 1 /2 to 7 l/2 per
cent effective since April 24.
since July 17, 1923.




The 6 1 / 2 per cent level has been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

}
Office Correspondence

F o r m N o . 131.

FEDERAL RESERVE
BOARD

D

a

March 26. 1929

Subject:_____ Change in discount rate.

Executive-Fokter
a t a ..a j .U

h

. 1

Information has been received, from Netherlands regarding an
X/

increase in the discount rate of the Netherlands Bank from
cent,effective ''on March 25, 1929.
since October 13, 1927




to 5? per

The 4g- per cent level has "been in efiect

produced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31
FEDERAL RESERVE
BOARD

Office Correspoi./
Mr. Eddy

To.
From
>

1r
1—

lvv.

■
— —

Subject:

March 20. 1929

Change in discount rate •

Mr. G-oldenweiser
airiOi
A

)S

v

5 1 ' W / ' V / i Information has been received from Colombia regarding a

*"

crease in the discount rate of the Bank of the Republic from 7 to 8 per
cent, effective on March 18, 1929.
effect since May 15, 1924.

i




The 7 per cent level has been in

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 181.

Office Corresponuence

mm.

FEDERAL RESERVE
BOARD

Date

mlsiwk:

nm

March 15, 1929.

in the discount rate of the Bank of Italy from 6 to 7 per cent, effective
on March 15, 1929.
7, 1929.




The 6 per cent level has "been in effect since January

-s* -3*i~

eproduced from the Unclassified / Declassified Holdings of the National Archives

-

F o r m N o . 181.
/* /> •

|

Urrice Correspondence

FEDERAL RESERVE

board

Date__ Marches, 1929

in the discount rate of the Reserve Bank of Peru from 6 to 7 per cent,
effective on March 7, 1929.
since May 17, 1928.




The 6 per cent level has Been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

Executive

F o r m N o . 1 31

FEDERAL RESERVE
BOARD

Office
To_

HTo Eddy

From

M t, Go1 d e n s e ia e r

Subject:,

Dace___February 14 f 1929
Change in discount rate0

/

><r\

&JL

Information has been received from India regarding an increase in
the discount rate of the Imperial Bank of India from 7 to 8 per cent, effective
on February 14, 1929,
1927o




Ehe y per cent level lias been in effect since December 31,1

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131

Office Correspondunce

FEDERAL RESERVE
BOARD

rate

-

-

a

. ere

0
Information has been received from England regarding an increase in
the discount rate of the Bank of England from 4 1/2 to 5 1/2 per cent, effective
on February 7, 1929#
21,; 1927.




The 4 1/2 per cent level has been in effect since April

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To

.Mr.«_EddyQoldanweiser

FEDERAL RESERVE
BOARD

Date_January 12, 1929
Subject:.

Change in
____

a te 0

Lf > »L. ( l______

, ni
\u*.^

2—8466

.a X L -

Information has been received from Germany regarding a decrease in
discount rate of the German Beichsbank from 7 to 6 l/2 per cent,
effective on January 12, 1929 •
since October 4, 1927*




OJhe seven per cent level has been in effect

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 181.

Office Correspondence
T o ___

Mr* Eddy

FEDERAL RESERVE
BOARD

D&te

January 9, 1929___

Subject:__ Change in disoount/rate*___

From____ Mr* Jklde.nweis

‘--A, < A.

Information has been received from Italy regarding an increase in the
discount rate of the Bank of Italy from 5 l/2 to 6 per cent, effective on
January 7, 1929*

The five and one-half per cent level has been in effect

since Jtme 25, 1928*




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 181.
FEDERAL RESERVE
BOARD

Date__ December 21, 1928

2— 6W6

q

V TD- //

V

c.

Information has been received from Spain regarding an increase in the
discount rate of the Bank of Spain from 5 to 5 1/2 per cent, effective on
December 19, 1928*




The 5 per cent level has been in effect since March 23, 1923*

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
FEDERAL RESERVE
BOARD

Office

f ^ate__ December 3, 19

T o ____ Hr. m a y
From___MP*

Information has been received from Greece regarding a decrease in the
discount rate of the National Bank of Greece from 10 to 9 per cent, effective
on November 30, 1928,
1928




r
£he ten per cent level has been in effect since May 14,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 181.

Urnce Correspondence

RESERVE
ARD

Date__November .17* 1928__ _
Subjects Jhange in discount rate,

%

From__ Mr .. Go 1aenweiser

lt

cr

^ i/
2— 8406

vP.

r

/

Information has been received from India regarding an increase in
the discount rate of the Imperial Bank of India from 5 to 6 per cent,
effective on November 15, 1928,
effect since July 19, 1928,




'ilhe five per cent level has been in

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspojiuence
To

M y*. Kdriy

fVaia
*

1i
i

I

FEDERAL RESERVE
BOARD

Date_Nov.ambar,15t+_1928-

1 *J

Fram____ Mr* Gcldenwe

Information has been received from Finland regarding an increase in
the discount rate of the Bank of Finland from 6 1/2 to 7 per cent, effective on
November 15, 1928*
August 7, 1928»




'fhe six and one-half per cent level has been in effect since

Reproduced from the Unclassified / Declassified Holdings of the National Archives

h
F o r m N o . 131.

Office Correspondence

FEDERAL RESERVE
BOARD

Date

October 2 1 1 9 2 8 ___

Subject:— Change in discount rate _____
4

l

2—8486

Information has been received from Hungary regarding an increase in
the discount rate of the National Bank of Hungary from 6 to 7 per cent, effective
on October 2, 1928*
1926,




She six per cent level has been in effect since August 26,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

Information has been received from Sweden regarding a change in the
discount rate of the Bank of Sweden from 4 to 4 1/2 per cent, effective

*

August 24, 1928#
^




The 4 per cent level has been in effect since May 1, 1928

neproaucea from the Unclassified / Declassified Holdings of the National Archives

Information has been received from Finland regarding a change in the dis­
count rate of the Bank of Finland from 6 to 6 l/2 per cent, effective August 7,
1928.

The 6 per cent level has been in effect since November 24, 1927*




reproduced from the Unclassified / Declassified Holdings of the National Archives

Information has "been received from India regarding a decrease in the
discount rate of the Imperial Bank of India from 6 to 5 per cent, effective
on July 10, 1928.




The 6 per cent level has "been in effect since June 21, 1928*

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N od.m

. C

dence

Offic

FEDERAL RESERVE
BOARD

L/ate__July. 17^..1.928___

Subject:___Change in ^ a .i
F ro m

Mr» Goldenweiser

RECEIVED

e
/

/

/.

DiVISmN Of RESEARCH
AND S T A T IS T IC S .

arn
V

Information has been received from Austria regarding an increase in the
discount rate of the Austrian National Bank from 6 to 6 l/2 per cent, effective
on July 17, 1928*




(Che 6 per cent level has been in effect since January 28, 1928*

Reproduced from the Unclassified / Declassified Holdings of the National Archives

T o ___ Mr* Sddy

Information has been received from Belgium regarding a decrease in the
discount rate of the national Bank of Belgium from 4 1/2 to 4 per cent, effective
on June 30, 1928#
1927.




(Ehe 4 l/2 per cent level has been in effect since November 16,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence

FEDERAL RESERVE
BOARD

2—8496

Information has been received from Italy regarding a decrease in the
discount rate of the Bank of Italy from 6 to 5 1-2 per cent, effective on June 25,
1928#

r
J3ie six per cent level has been in effect since April 1, 1928#




Reproduced from the Unclassified / Declassified Holdings of the National Archives

‘rYftcutive Folder .

F o r m N o . 131.

w 111

j

A,

-

O f f icne Correspondence
To

Mr# Eddy

FEDERAL RESERVE
BOARD

D a te Jane 22, 1928

______
r

r

F ro m Mr. Goldenweiser

Information has been received from India regarding a decrease in the
discount rate of the Imperial Bank of India from 7 to 6 per cent, effective on
June 21, 1928#




The seven per cent level has been in effect since December 22, 1927#

Reproduced from the Unclassified / Declassified Holdings of the National Archives

Information has "been received from Peru regarding a decrease in
the discount rate of the Bank of Peru from 7 to 6 per cent, effective on May
17, 1928.




The seven per cent level has been in effect since January 31, 1928.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence

FEDERAL RESERVE
BOARD

Information has been received from Sweden regarding a change in the discount
rate of the Bank of Sweden from 3 1-2 to 4 per cent, effective May 1, 1928.
3 1-2 per cent level has been in effect since January 1, 1928*




The

rxeijiuuuuea irom tne unclassified / Declassified Holdings of the National Archives

respondence

Information has been received, from Latvia regarding a change in the
discount rate of the Bank of Latvia from 7 to 6-7 per cent, effective April
1,1928*

2he 7 per cent level has been in effect since January 1, 1928*




Reproduced from the Unclassified / Declassified Holdings of the National Archives

, .Executive Folder

F o rm N o .

Offic^tiPoi-responclence
To
F rn m

Mr Eddy
Mr Parry

Information has been received, from Italy regarding a decrease in
the discount rate of the Bank of Italy from 6§- to 6 per cent, effective
April 3 1928.




'Ehe 6|- per cent level has been in effect since March 5 1928.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

rizxKAL nfciucvt

F o r m N o . 1 31 .

pondence

FEDERAL RESERVE
BOARD

D ate

Marcfo
7 /^119922 86 ______
r a i l 22.7
■

Subject: Change in disc% t % > «
F rom

denweiser
A
k <x

,C s.

u

Information has been received from Norway regarding a decrease in the
discount rate of the Bank of Norway from 6 to 5§- per cent, effective on March 27,
1928.

The six per cent level has been in effect since February 2, 1928.




t

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 31 .

C C*

~ |

Urrice Correspondence
To

Mr Bddy

FEDERAL RESERVE

tV M M . to
Date

Subject*

'

March 6. 1928

Change in discount, rate
' '

n f)
kU I a .

^ :L L

' <■A-

Information has been received from Italy regarding a decrease in the
iscount rate of the Bank of Italy from 7 to &| per cent, effective on March 4,
1928* i’he seven per cent level has been in effect since June 18, 1925*




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To

Mr. Eddy

r- A v

FEDERAL RESERVE
BOARD

L)aie_

tivo folds

Subject:.

February 5, 1928 _
X i f H>

/V

Change in discount rate

From_____ Mr. Goldenwei ser

2—K4ti&
r,pn

Information has been received from Norway regarding an increase
in the discount rate of the Bank of Norway from 5 to 6 per cent,
effective on February 2, 1928.
effect since November 1




1927

The five per cent level has been in

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
FEDERAL RESERVE
BOARD

Office C o r r e s p o n d e d " %

•*

Date__ February 5, 1928

f , Subject:.------------v «■*
^
/ v/C%L
___
Change in discount rate_____

Information has been received from Peru regarding an increase
in the discount rate of the Reserve Bank of Peru from 6 to 7 per cent,
effective January 31, 1928.
effect since April 1, 1923.




The six per cent level has been in

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 18JL
FEDERAL RESERVE
BOARD

Office Correspo Jence r
To

Mr- Eddy-

From,

Mr Soldenweiser

^

6

1

Subject:

I submit herewith information received from South Africa regarding a
decrease in the discount rate of the South African Reserve Bank:
Present rate

Date of change

Former rate

si

January 9, 1928

6




Date of change
September 10, 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
FEDERAL RESERVE
BOARD

Office Correspoi iencedsr
To _

_Mr Edd y ____

From.

ilr Goldenweiser

Subject:

__ "

Change in discount rate

I submit herewith information received from Austria regarding a decrease in
the discount rate of the national Bank of Austria*
Present rate

Date of change

6

January 2, 1928




Former rate

6^-

Date of change
August 25, 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Corrpspoi fence

FBDERAL RESERVE
BOARD

,/ &&L IP **''
Date__ January 23 19$ 8

>ject:. Change in discount rate__

I submit herewith information received from Belgium regarding an increase
in the discount rate of the Bank of Belgium:
Present rate
5




Date of change
January 18 1928

Former rate

Pate of change

4i

November 16 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspondence
To

Mr

From.

Mr Goldenweiser

Eidy tM e :.l

FEDERAL RESERVE
BOARD

Date— January 2 Q F 9 3 8

l

I submit herewith information received from Estonia regarding a decrease
C X oA w 4,-C
in the discount rate of the Bank of Estonia?
X
[J
Present rate
7-^-




Date of change
January 2, 1928

Former rate

8

Date of change
October 1, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
FEDERAL RESERVE
BOARD

Office Correspo; ience
To

v rsn f!f 'I jr \

Mr M oLy

From___ Mr GrOldenweiser

Date__January 19 1928
Subject:

Change in diSGQxmt^rate

r\
t tv

1

™

.

I submit herewith information received framjjj

IT regarding a decrease

in the discount rate of the Bank of France:
present rate




Date of change
Jan. 19. 1928

Former .rate
4

Date of change
Dec. 29, 1927

reproduced rrom the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspon ence

Present rate
3 l/2




FEDERAL RESERVE
BOARD

Date of change
Jan. 1, 1928

Date__January 4, 1928

Former rate
4

Date of change
April 22, 1927

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o# 131.

Office Correspoi *ence

M i Kfc.d6t.Wl

|

bate__ December 17, 19 27
I

T*---------- \ aa

To
From_

f

FEDERAL RESERVE
BOARD

. ~J_ //

Mr. Goldenwel_ser_

a

v

J

L

~

x,

I submit herewith information received from Chile regarding a
decrease in the discount rate of the Central Bank: of Chile:
Present rate

6 l/2




Date of change

Dec. 12, 1927

Former rate

7

Date of change

March 7, 1927

/

Reproduced from the Unclassified / Declassified Holdings of the National Archives

Present rate
6




Date of change
Dec. 8, 1927

Former rate
5

Date of change
September 10, 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

CTTOVvg i.

^

Urhce Correspond ance
T o _______Mr. Eddy

jiij> A,v. Ha-itr-d•i.

FEDERAL RESERVE
BOARD

Subject:

From______Mr. Soldenweiser

’

i
Change in dTIcount rate

v.t
■ vA-L/t.A A

I submit herewith information received from Finland regarding ax
a decrease in the discount rate of the Bank of Finland:
Present rate




Date of change

Former rate

Nov. 24, 1927

6 l/2

Date of change
August 11, 1927

//

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

V •
I submit herewith information received from Norway regarding an
increase in the discount rate of the Bank of Norway:
Present rate

5%




Date of Change
November 1, 1927

Former rate
4 l/z%

Date of change
October 27, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

e vorrespor .ence
To

A....'

Eddv

FEDERAL RESERVE
BOARD

Lvtte
Subject :

Discount rat,

y .'s C t'x
L/t.- -

/U L o

I submit herewith information received from Germany regarding an
increase in the discount rate of the Geraan Reichshank:

Present rate
7




Date of change

Former rate

Date of change

October 4 1927

6

June 10 1927

reproduced rrom the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

m ?'

oe *al

FBDERAL RESERVE
BOARD

\Date— August 25 1927
Subject:-- DisconnJ* rate.

T o ----jyfr Eddy-

it
From

Mr GolkLenweissr
2— 8496

- —

opo

v.,T <-f*< v

^Z

I submit herewith information received from Austria regarding a reduction
v

in the discount rate of the Rational Bank of Austria:

Present rate
Q%r




Date of change.
August 25, 1927

Former rate
7

Date of change
July 21, 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspoiv >ence

m m

FEDERAL RESERVE
BOARD

r''*’"""

Date— August 11 1927
S u b je c t:, . Discount r<

Jfc_Eddy_

•f o

v

y

.

• Golde
\iD ~ -c ,
C/A.
*
I submit herewith information received from Finland regarding a reduction
An the discount rate of the Bank of Finland:
Present rate
$2




Date of change
August 10,•1927

Former rate

Date of change

7

March 22, 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspo
Biscou
From Mr r--PaggyZ X u ’*- --

I submit n€Lrewit3i^i*iforn]&tion received from Austria regarding an increase
in the discount rate of the National Bank of Austria:
Present rate
7




Bate of change
July 21, 1927

Bbrrner rate
6

Date of change
February 5, 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m is fo . 1 8 1 .

Office Correspoi lence

FEDERAL RESERVE
BOARD

To

---------^

F rom_____ M r-G-oldenwis

V

2— 3195

OF O

L-ft

</..<?

I submit herewith information received from India regarding a decreast in
the discount rate of the Bank of India:

Present rate
5




Date of change
June 22, 1927

Former rate

6

Date of charge
June 2 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131.
f \ £

£

l

_

_

r-

I,

-

FEDERAL RESERVE

Oftice C o r r e c t iene^>r

M ate--------June

To

r^ r± ~ 4 j

Mr-Eddy

f.

!

11

1 9 P.7

Subject:

From_____Ilr Goldenweiser

I submit herewith information received from Germany regarding a rise in
the discount rate of the Reiehsbanki

Present rate

6




Date of change

Former rate

Date of change

June 10 1927

5

January 11 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

I submit herewith information received from India regarding a decrease
in the discount rate of the Bank of India;
Present rate

Pate of change

Former rate

Pate of -change

6

June 2, 1927

8

February 10, 1927




Reproduced from the Unclassified / Declassified Holdings of the National Archives

I submit herewith information received from Poland regarding a
decrease in the discount rate of the Bank of Poland:

Present rate

8




Pate of change
May 13, 1927

Former rate

Pate of change

8 l/2

March 11, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m 2T o. 1 3 1 .

ence

FEDERAL RESERVE
BOARD

Date_„A$2ri3_21_192Z_
S t Subject:_£iscount rates

%d

' X //
2—8495
0 PO

<-A • ‘ 1 6

(J
I submit herewith information received from Sweden regard! ig a
decrease in the discount rate of the Bank of Sweden:

Present rate

Date of Charge

Former rate

4

April 22, 1927

4r|-




*

Date of change
October 9

1925

Reproduced from the Unclassified / Declassified Holdings of the National Archives

. I submit herewith information received from France regarding
discount and interest rates of the Bank of France:
Present rate




5

Date of Change
April 14, 1927

Former rate
5-g-

Date of change
February 3, 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspo? Jence
T o ___ Mr Eddy-

FEDERAL RESERVE
BOARD

dte— l£u?Ch-25-JL-927-

. . v. *

Subject:

2

2— 8496

(IPO

I submit herewith information received from Finland regarding the
decrease in the discount and interest rate of the Bank of Finland;
Present rate

Date of change

7

March 22, 1927




Former rate
7-3=.

fp.

Date of change
October 29, 19$5

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o rm . N o . 131.

Office Corrtespr
T o __Miu. Jiddy
hom

iJateJ March 10, 1927

y

1■ IMANkl

t

R&.3NUt r t .

FEDERAL RESERVE
BOARD

Subject:

Discount ra tfl> S

J/

,/

V

y-y _

Mr, Galdenweiser
«ts<L*C
•
»
, .A'

■

I sumbit herewith information received from Poland regarding the decrease
in the discount and interest rate of the Bank of Poland:
Present rate
ai

<K>rrKN<i«ttT iniNTWo (trrioB




Date of change

Former rate

March 11, 1927

9

Date of change
February 11,1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office c W r e ^
To

Mr. Eddy

'

___

FEDERAL RESERVE
BOARD

notKM. & .* * * *
✓ atfc

Subject: _Discount

•i—

March 10, 1927
Bates

V V*

FromMr •Go 1 den we iser

t. A. <

A

I submit herewith information received from Czechoslovakia regarding
a decrease in the discount and interest rate of the Czechoslovak national
Bank.
Present rate
5

eoyruitsMtNT mm rwa o m o s




Date of change
Mar. 8 , 1927

Former rate

Date of change
Oct • 26, 1926

-

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o , 131,

Office Correspoi. ence

fTPfjgp»*V ' *

FEDERAL RESERVE
BOARD

To

M r • S d d y _______ » iww ^ Subject: Discount rates

From_

M r. G oldenw eiser

v.

Late February 1 2 , 1927
/

CL* L (A-1 <- /| f U
I submit herewith information received from Poland regarding discount
and interest rates of the Rank of Poland:

Present rate

Date of Change

Former rate

9

Feb. 11, 1927

94

•OY FRNeWfrT riUNTINU OW .1S




-

Date of Change
Dec. 13, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspon ence
To

m m ***

FEDERAL RESERVE
BOARD

vyt

li
Oate_Pebrt»ry -1^ 192?

Subject:_Pi scoarjb

-firs

From U r* G oldem seiser

el
I submit herewith information received from
discount and interest rates of the Bank of India*present rate

Pate of Change

Fonner la to

t»

>

»Tr*N««NTMUNTJNOwnoi



Feb. 46? 1927

regarding*

Pate of
k £&£,

-6-

Change
6

-Jaew 13, 1929"

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 131.

Office Correspoi
To

FEDERAL RESERVE
BOARD

Uate. February 10* 1927

Mr .

Subject:_ Discount Bates

From_Mr. Goldenwei ser

I submit herewith information received from India regarding
discount and interest rates of the Bank of India:
present rate

Date of Change

7

Feb. 10, 1927

•oYfttMWfvr mwtmo ornom




F o m e r Bate

6

Date of

Change

Jan. 13, 1927

Reproduced from the Unclassified / Declassified Holdings of the National Archives

1
F o r m N o . 131.

Office Correspo. lence
To

Mr. L’ddy

hrom

Mr. Goldenweiser

FEDERAL RESERVE
BOARD

Date_ February 5, 1927
Subject:_DltCOu.Pt Rates.
T / f
•tXUC. _
^ St JL-fei--

I submit herewith information received from Austria regarding
discount and interest rates of the Austrian Rational Bank.
Present rate

6

eorrwNtiSNr memNO orr.roe




Date of Change
Feh • 5, 1927

Former rate
<*

Date of change
Jan. 18, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Co
To

e i t e

FEDERAL RESERVE
BOARD

Subject:

M r . Ed d y __

From Mr. Goldenweise

Date February 3, 1927
D i s c o u n t Ratios ^

^

-------------------------- '

A.
f j

I submit herewith information received from France regarding discount
and interest rates of the Bank of France:

Present rate
Si-

•onwftMNTreiNTwainrien



Date of change
Feb. 3, 1927

Foraer rate

6^

Date of change
Dec. 16, 1926

a

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Corr65pei lence

FEDERAL RESERVE
BOARD

Late. January 18, 1927
Subject:

ir rom

n&gRML. n t s t m

Discount! Hates

Goldenwelser
v l P-

I submit herewith information received from Austria regarding
discount and interest rates of the Austrian Rational Bank.
Present rate

Bate of change

6-i-

Jan. 18, 1927

•OVJTRNIMCNT (HGITfliQ M flO*




Former rate
7

Date of change
Aug. 7, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspbi ’ence
jQ

FEDERAL RESERVE
s jU
B OARD

„

.... *

"

L a te __Janua ry 11, 192 7

Mr. Eddy
Subject: ^ i s o o u n t B a te s

From _ M r . Goldenwei ser

2■v

/ "2. //

I submit herewith infomat ion received from Germany regarding
discount and interest rates of the German Beichshank*
C>V./« •
Present rate
5

•oYr«N*«NTreiNTiKOomoa



Date of Change

Former rate

Jan. 11, 1927

6

Date of change
July 6 , 1926

0

Reproduced from the Unclassified / Declassified Holdings of the National Archives

1

F o r m . N o . 131.
FEDERAL RESERVE
BOARD

Cormsptn

L-titC.
Subject:._

Discount Rat as

<(

Hr. Goldenweiser

I submit herewith information received, from Bombay, India regarding a
change in the discount rate of the Imperial Bank of India*

Present Kate
>/°




Date of change
Jan. 1, 1927

Former Hate
Apr
f
fc/a

Date of change.
June 10, 1926.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Urtice Lorrespon 3nce

FEDERAL RESERVE
BOARD

Date December 24th, 1926.
Subject:^. Discount Sate.

I submit herewith information received from Latvia regarding a change in
4

the discount rate of the Bank of Latvia*.
V

Lew Rate
7%




Date of Change
Jan. 1, 1927

Former Hate

Date of Change.

8C
|

Feb. 16, 1924.

eproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office CorrespOi ' M ce
£

j.

"

--- Subject:_

3ERAL RESERVE
BOARD

“

/ v/yi v

Date

December 17 th, 1926.

Discount Bat.

Cj U j< < ' 4 C.. ,

I submit herewith information received from France regarding a decrease iii the
discount rate of the Bank of France:

Present Rate

Date of Change

6*^

Dec. 16, 1926.




Former Rate
-ri%

Rate of Change
Aug. 2, 1926.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspon ence

FEDERAL RESERVE
BOARD

Subject: __

To _ Mr . E d d y ________

Daie_

December 13, 1926

Discount Rates
7
• AV

From Mr. G oldenw eiser
7

/

I submit herewith information from Poland regarding the discount rate
of the Bank of Poland;
Present Rate

Date of Change

Former Rate

Date of Change

9■§#

Dec. 13, 1926

10#

July 7, 1926

on rre sw e.rr num tm a o n m




Reproduced from the Unclassified / Declassified Holdings of the National Archives

,4.;

F o r m N o . 131.

Office

L o r r e s D Q i

To

Mr. Eddy

Fmm

Mr. Goldenweiser

,ej

FEDERAL RESERVE
BOARD

L^<ite_ October 26,1926
Subject:

Discount ajates ^

-----------------------^

r ip-

/X

U

U

L

.

I submit herewith information regarding discount and interest rate^j of
National Bank of Czechoslovakia:

the

present rate
5 l/2

OOYfllNMKNT rfUNTINQ OSYICR




Bate of change
Oct. 26,1926

Former rate

6

Date of change
Jan. 13, 1926

2— 8496

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 131.
FEDERAL RESERVE
BOARD

Office
To
Fro m

L .e
Suhjer.fr:

M r . Eddy

Ootbber 26, 1926

Discount rates

Mr. Goldenweiser

/ Zl / /
2—8495

I submit herewith information received from Norway regarding discou
and interest rates of the Bank of Norway:
Present rate
4 1/2

•ovrttNIMf'T ntDfTXMQ OfTIOB




Date of tihange
Oct. 27, 1926

Former rate
5

Date of change
Sept. 13, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

O ffice
To

Correspoik

M r . Eddy

ERVE

[)aie_September 13, 1926
object:_

F rom Mr . Go ldenwe ise r

Discount rates

~jL V

&~f/

_

T ' S herewrtti
- 5 7 1 s- information received
.
j
i submit
from Norway regarding discount
and interest rates of the Bank of Borway:
Present rate

Date of Change

5

Sept. 13, 1926

«ormw*HCNT print in a o m o i




Former rate
5 1/2

Date of change
April 20, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

n

F o r m N o . 131.

Office Correspoi; lence
To
From

FEDERAL RESERVE
BOARD

ft ;si'X,- 2

Lx. A\e-,'t-« !fVs

ty e----- August 27, 1226

-JLr^DSd&yMr,

I submit herewith information from Hungary regarding discount and
interest rates of the National Bank of Hungary:
Present rate

6fo

•OVr*NMINT PRINTING OITICK




Date of Change
August 26, 1926

Former rate

1%

Date of Change
October 21, 1925

reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
FEDERAL RESERVE
BOARD

Office Corresp*
To

t

Mr. Eddy________

j

SubjectDiscount

;uly_31, 1926
rate

From J'11'• Goldemreiser

, X.

--iM
Sw '
*

••

- CJc t , »

.
I submit information received from France regarding discount and interes

rates of the Bank of France:
Present rate

Date of change

Former rate

7 l/2

August 2, 1926

6

•orr-KNWENT I'RINTINO OFFIO*




Date of change
July 9, 1925

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
FEDERAL RESERVE
BOARD

Office C o rred j^ jwiddftF
Xo

Mr. Eddy

Dace
Subject:

FromJlr. Goldenweiser

August 7, 1926

Discount rate

__________ _______.

I submit herewith information received from Austria regarding discount
and interest rates of the Austrian National Banks
Present rate

Date of change

7

August 7, 1926

Former rate

March 31, 1926

7 1/2

I S I flN H I iT PRINTING H i m




Date of change

/
I

%
r*. if

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 131.

Office Corresppu
T o ___ Mr.

Fe d e r a l r e s e r v e
BOARD
RC

Eddy

in,iuC.

y 6, 1926

Subject:___ Discount rate

From__Mr *_ Go 1 de nwe iser

i

X

//

V

M m

I submit herewith information received from Poland, regarding discount
I*
and interest rates of the Bank of Poland:
'&£
/I

Present rate

10

w m w w f r print in a o r n c i




Date of change
July 1, 1926

Former rate

12

Date of change
August 12, 192,5

Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131.
.

Office Correspon‘-ACUit
lence
uVQ

^

"\
— '"'T. v<ti>iwi
41926

Subject:__Discount^ rate

To _ M r . E d d y __ ______
From Mr.

FEDERAL RESERVE
BOARD

Goldenweiser

I &j trait herewith info m a t ion received from Germany regarding discount
and interest rates of the German Reiohstarik:
Present rate
5

a

,

$

anvrBNMKNT FitINTINO OFTIOE




Date of Change
July 6 , 1926

Forner rate

6 l/2

Date of change
June 7, 1926

0

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspoi. ’ ence

FEDERAL RESERVE
BOARD

To

June 24, 1926

Subject:_D iscount rate

From M*** Goldenweipe

I

V

vG

-

A---------

I submit herewith information received from Denmark regarding discount

*

'X>

and interest rates of the national Bank of Denmark:
Present rate
5

SOVMLNMBNT rKINTDfO OFflCS




Date of Change
June 24, 1926

3-

Former rate

Date of Change

5J-

Sept. 8, 1925

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Corr'esjjot 'M f e
Dat

To _— Mr. Eddy

FEDERAL RESERVE
BOARD

[

June 10, 1926

Subject:__Discount rate

From__Mr, Goldenweiser

vii

t/

I submit herewith information received from India regarding discount
rates of the Bank of India:
Present rate
4

eoT.FEiWBNT HtlNTOtO OSTfCE




Bate of change
June 10, 1926

Former rate
5

Date of change
May 20, 1926

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

' rtuytM. ittaesvi

Office CorrespoL
To
From

Mr. Eddy

n il

[yate_June 7, 1926

' " ^ - S u b je c l:_ D lsc out r a t e

xrr

Gcldenwe iser
.*-<>X5...4Lw

•if 1-

DC

I submit herewith information received from Germany regarding- discount
rates of the German Reichsbahkts
Present

6 l/2

IV.ENI.ENT VE1NTTN0 OTVICI




Date of change
June 7, 1926

Former rate
7

Date of change
March 27, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
FEDERAL RESERVE
BOARD

Office C o r r e s p g ^ , ^ ^
To

Mr. Jlddy________

June 5, 1926
Subject:__ JDiscount Rate

From-Mr. Goldenweiser

^lllil1nr*-^

6

I submit herewith information received from Danzig regarding discounts
rates of the Bank of Danzig:
Present rate
7

•ovreNWKNT nmiTiNo o r n o i




Date of

change

Kay 11f 1926

Former rate

Date of change

8

Jan. 19, 1926

.z.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
{f e d e r a l r e s e r v e
BOARD

Office
To

Mr.

From_Mr.

bate

'

Eddy

May 20, 1926

Subject:___ Discount Rate

A

Qoldenweiser

/

/Z

j
* * /LC—v

I submit herewith information received from India regarding discount*
rates of the Bank of India:

f

Present rate

Date of Change

Former rate

Date of change

5

May 20, 1926

6

Dec. 3, 1925

Mrr«NM«NT reiNTCNO o it ic i




Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o rm N o . 131.

Office CorrespoL ience
jQ __ Mr*
F ro m

Eddy___ _____

M r * Golaenweiser

%
I submit herewith information received from Belgium regarding discount
rates of the National Bank of Belgium:
Present Rate

7

M m viM N T rniwriNa o m c i




Pate of Change

Former Rate

Pate o f Change

April 23, 1926

7 1/2

March 11, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office CorrespOk_ .fence
To

M r . Eddy_________ _______ _________

From

Mr. Coldenweiser

~

^

FEDERAL RESERVE
BOARD

Date

Apri 1 19 , 1 9 2 6 ____

"""

I submit herewith information
rates of the Bank of Norway:
Present Rate

5 1/2

•o vriN M in rauiroto om ce




Date of Change

April 20, 1926

Former Rate

6

Date of Change
January 12, 1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

r~ '

F o rm . N o . 13 1.

i *

.—

1

Office Correspoi Jei^e
To

Mr. Eddy

11 ser
From-Mr. Goldenweiser

RESERVE
BOARD

CDES*.

.■M# f

bate__ March 31,
Subject: _Discot nt Rates

//

Z'i

I submit herewith information received from Austria regarding dis­
count rates of the Austrian Rational BankPresent Rate
7 1/2

•OVFUNVENT FRINTINO OFFICE




Date of Change
March 31, 1926

Former Rate
8

Date of Change
January 28,

1926

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o rm N o . 131.

Office Correspoi Jence
To

Mr . Eddy

FEDERAL RESERVE
BOARD

U a te _ March 27, 1926
Subject: __Biscount Rate s

From__ Mr. Goldenwei s ©1^ Qjt-

v5

/ A

c

,|a

I submit herewith information received from Germany regarding d is count rates of the ReichsTbarik:
present Rate

Date of Change

Former Rate

7

March 27, 1926

8

•ovntNiHtNT reorriNo orrtoi




Date of Change
January 12,1926

Keproduced from the Unclassified / Declassified Holdings of the National Archives

ttiititi*- MiiKYt et.w> nu

F o rm N o . 181.
FEDERAL RESERVE
BOARD

Office
From__ Mr. Goldetiweiser

I submit herewith information received from Vienna, Austria, regarding
a decrease in the discount rate of the Austrian National Bank:
Present Bate

6$b

fs.
•rtviruNMRNT MUNTim m in i




Bate of Change
Jan. 28, IS26

former l^ate
9%

Bate of Change
Sept. 3, 1925.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

a decrease in the discount rate of the Reichsbank.

Present rate

•OVCRNVENT PEIXrrNI *m<!K




Date of change

Former rate

January 12,
1926

9$b

Date of change
February 26,
1925

Keproduced from the Unclassified / Declassified Holdings of the National Archives

Czecho-Slovakia;

Present rate

6%

• ovehnmknt prin tin '! w m i e




Date of change

Former rate

January 13,
1926

6 1 /2#

Date of change
December 1,
1925

Reproduced from the Unclassified / Declassified Holdings of the National Archives




Reproduced from the Unclassified / Declassified Holdings of the National Archives

1

F o r m N o . 131.

■

k :ence

fed er al reserve

BOARD

Lsixvt December 1, 1925,

k
From__ Mr . Stewart

I submit herewith information received from Prague, Czechoslovakia,
regarding a decrease in the discount rate of the Bank of Czechoslovakia*
feta

Datt? Qf CtoangQ

Dec. 1, 1925

DH-fs
•ot un d e n t rewriNO ornoe




ailteQ

7%

Mar. 25, 1925.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspor
To

Kr. Eddy-

ence

t x e c ; , v Folder

FEDERAL RESERVE
BOARD

- ~<_Qctober 30, 1925.

Subject:

w

z

Fro:

,!<. ■-'
C^ZC,V *^-A- 1 t-i//v
I submit herewith information received from Helsingfors, Finland, re- 'w
garding a reduction in the discount rate of the Bank of Finland:
Present date
v*;P

eoveiwiiwr raiNi^yi^irririe




Date of Change
Oct. 29, 1921

Former Bate
8$

Date of Change
August 14, 192 5

Reproduced from the Unclassified / Declassified Holdings of the National Archives

Sd
Office Correspon ifnee

F o r m N o . 131.

To — M r , Eddy— ------------------------

- FEDERAL RESERVE
BOARD

Date
Subject:

t z« - '
I submit herewith information received from Budapest, Hungary, and from,

V

Zurich, Switzerland, regarding a change in the discount rates of their central
banks:
Present

^ate of
Change

Jkaaar.
date

D&te of
Change

National Bank of Hungary

755

Oct, 21,
1925

9%

May 27,
1925

Swiss National Bank

3^

Oct. 22,
1925

4$

July 14,
1923

E x e c u t iv
e Q
P n$(S f O ' t u & W . - ....




%

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspon ence
Mr. Eddy.

FEDERAL RESERVE
BOARD

Uaid._

Subjects D isco u n t Bate
^ V y / 1

//

I submit herewith infoimation received from Stockholm, Sweden,
regarding a decrease in the discount rate of the Bank of Sweden:
Present Bate

Date of Change

*4%

Oct. 9, 1925

Executive Folder
Date /o ^ - a iT




fomsc. Bata

5%

aat.fi of. .Phanfifl,
July 24, 1925

Reproduced from the Unclassified / Declassified Holdings of the National Archives

4jiLA1'&•"

F o r m . N o . 131.

Office Correspon
To

Mr, Eddy

From.

Mr, Stewart

nee

FEDERAL RESERVE
BOARD

UaiC_

Subject:_Discount ifrte.
A .
2—8495
I

!i-

v

-//

1 submit herewith information received from Bombay, India, regard­
ing a rise in the discount rate of the Imperial Bank of India:

IIMMSSJl ifetQ
5$

ExecutrvrM ter--




Psl9 a£_..glaajigg,
Sept. 24, 1925

.ga.rm.er.itet_e
4%

Date of Change
July 2, 1925.

$

t

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office

\
Correspoii

nee

FEDERAL RESERVE
BOARD

T o -------- H r . E d d , ---------

...September 16, 1925
Subject:__Discount Bate.
// /

From

C^*-A ■a..z „

1 submit herewith info m a t Ion received from Oslo, Norway,
regarding a decrease in the discount rate of the Bank of Norway:
EiagaiU. flsUa

5%

I




Pa.te of fiteage

September 14, 1925

rarer flfcte

^alre of Ctenga

August 25, 1925

5j$b

k

r___
2—8495

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office C o r r e s p o r Mice
To

J £ r . Eddy

FEDERAL RESERVE
BOARD

__ Jhign£jL_244_192£xe_

Subject:.

Discount Bates,

From,— M r . Goldenweiger

el
4

I submit herewith information received from Oslo, Norway, regarding a
decrease in the discount rate of the Bank of Norway:
Present 4a te
a?
2/°

Executive Folder
D a t e . . . i ' . 2 r ^

••veeNMeNT print in* o r n o i




Cfc&ngfi
Aug. 25, 1925

fo.m s r
6%

:Date of Change
May 9, 1925.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 181.
RESERVE
BOARD

To

Mr. Bddv

From

Mr, Goldenwedser

•»>iA »V

/ h -Subject:___
L,
Discount
.

Bate,

3-*4 i f .

I submit herewith information received from Finland regarding
a decrease in the discount rate of the Bank of Finland:
Present Rate
8/£

rc
WTiwumtT riiNTW* omce




Date of Change
Aug. 14, 1925

Former Bate
9%

Date of Change
March 6, 1924.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 1 81 .
FEDERAL RESERVE
BOARD

Office Correspqr ei)cer .

August 12, 1925

Executive Folder

To
From.

Subject:__ Dis-count H ate.__________

Mr.. GrolcLenweis er -

Dat*£1M /A sZ.

_____________ “i - H c/ »

//

I submit herewith information received from Warsaw,
'^ding Poland, regaa rise in the discount rate of the Bank of Poland:
Present Rate
12$

DH-fs

MVMM»*NT rilUTWfl OITIOB




Date of Change
Aug. 12, 1925

Pbrmer Bate
10%

Date of Change
Nov. 28, 1924

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 151.

Office Correspor lence
T o ____M r ..Eddy______________ _________ ___

FEDERAL RESERVE
BOARD

July 25, 1925.
Subject:___ Discount Bates.

G-oldenweiser

.0 .

fi

&■

Q
v

x h
C T t a .- « 4 ..C0

I submit herewith infozmation received from Vienna, regarding [/a
decrease in the discount rate of the Austrian National Bank:

r

Present Rate

Date of Change

Sbrmer Bate

10#

July 24, 1925

11

tive roll
1 • '2-'/ - A S

•ersexwant rxj&ttNQ umoi




-.-A JfeHMOS

#

Date of Change
Apr. 25, 1925.
/

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspor. 'ence
T o ----Mr. Eddy
From.

FEDERAL RESERVE
BOARD

July 24. 1925.

Subject:

Discount Bates.
3-.^//>-//

.Mr* Goldenwe is or

--- -------------------&
I submit herewith information received from Stockholm, Sweden,
regarding a decrease in the discount rate of the Hiks"bank:
Present Hate
57°

Executive Folder
Date.
w*nmsT narrow orvtca




Date of Change
July 24, 1925

Bbrmer Bate

Date of Change

5g&

Nov. 9, 1923.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office CorresDoi
a
To

FEDERAL RESERVE
BOARD

Subject:

Mr. Eddy

From__Mr. GrOldenweiser

Change in Discount Bate.

:

M-

4

-<

<>-. A jl
I submit herewith information received from Paris, France, regarding a decrease in their discount rate:
Present Bate
6/b

MvnNifWTramriNoorrioi



Date o,f CfrapgQ
July 9, 1925

Former Rate

Date of Change

7%

Dec. 11, 1924.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspo^.
To

Mr. E d d y ________

From Mr. Stewart

FEDERAL RESERVE
BOARD

r..m. igas.

Battzkft&p&Z Subiect:“ DlsOQimt

:S.

---------- 3 -

-t

----------- 4

'ff

\ui'
"Q
We "beg to inform you of a change in the discount rate of theM&tiic I tali a
e
from 6|- per cent on June 6, 1925, to 7 per cent on June 18, 1925.
Also, of a change in the discount rate of the Bank of India from 6 per
cent on May 21, 1925, to 5 per cent on June 18, 1925.




Reproduced from the Unclassified / Declassified Holdings of the National Archives

Format! N o . 1 3 1 .

Office Correspon I ence
j

»

FEDERAL RESERVE
BOARD

EDERAL RESERVE

flkl

1

Subject:,

T o ..... ..MTr,..Bddy.

W W .

From,

/ f

1
.jiiiiftgorm .

<X>

/ccording to a cable recently received

the Bank Italia has raised its discount rate to 6 jr per cent, to take effect
on June 6, 1925,




\

The foraer rate was 6 per cent, effective March 9, 1925.

2-8498

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office CorrespoL
To

nee

FEDERAL RESERVE
BOARD

. May

Subject:.

-Mr. Hddy

L f Cf t

From.

iritis-

^

/•r*
fy"'-C»*V

I submit herewith information received from Budapest, Hungary,
regarding a change in the discount rate of the Hungarian National Bank;




fo
9%

Dat.e,,
Q.f.
May 27, 1925

Bbrmer Bate
11%

IDate of Change
March 27, 19 25 .

if

Reproduced from the Unclassified / Declassified Holdings of the National Archives

nee

FEDERAL RESERVE
BOARD

Vaco__ JE&y_-£l+.

Subject:__
From.

-Lr. Stewart

f:

I submit herewith information received from India regarding the
\

change in the discount rate of the Bank of India:
Present hate

Date of Change
May 21, 1925

fS .




former Bate
7$

Date of Change
Jan. 22, 1925

.

//

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspoi. jen ce
To

Mr. Eddy

F ro m

Mr. Stewart

FEDERAL RESERVE
BOARD

Uate__ May 8t .19.25,
Subject:,
U

d ^ / / ___ ___
1

Lt
C^-tX A,<*> .<
I submit herewith information received from Oslo, Norway, regarding A
a change in the discount rate of the Bank of Norway:
Present Bate
6$£

fs.




Date of Change
May 9, 1925

Pormer Rate

Date of Change

64-

Nov. 26, 1924.

2 -«4 »S

Reproduced from the Unclassified / Declassified Holdings of the National Archives

regarding a change in the discount rate of the Austrian National Bank*
£r.g,g.m1? S&1L9
11%

Executive Folder
Dat




Dajmsf-.lfe.ta
April 25, 1925

13%

Date of Change
November 6, 1924.

*

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

I
Office Corresigjk .SfFMcTef

ERAL RESERVE
BOARD

Subject:

T o ______ Mr. Eddy ____

I submit herewith information from Budapest, Hungary, regarding
the change in the discount rate of the Hungarian National Bank:
Present Bate

11%




Date of Change
March 27, 1925

Sbrmer Bate
12#

Date of Change
Sept. 17, 1924.

Reproduced from the Unclassified / Declassified Holdings of the National Archives

/T

F o r m N o . 131.

Office Correspor. ' ence

FEDERAL RESERVE
BOARD

March 25, 1925.

Subject:.__ D iscount, B a te .

______ *
„ni>

wiwir
i

.iJ -

I submit herewith information received from Prague, Czechoslovakia, regard­
ing a change in the discount rate of the Bank of Czechoslovakia.
'REfiggnlj Hat9

7%

yT ' l l ? ' . ----

M e .--




pafrg. Qt t e g.,

Jbrmer Hate

Da Le„of. Change,

March 25, 1925

&%

May 26, 1924

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m . N o . 131.

O ffice Correspoi*, ;nce

FEDERAL RESERVE
BOARD

Uaie. ..March 9, 192.5
Subject:

T o ___ Mr . J^ddLy

Change in the Discount

_______ i v 7 - Vj)

-J.

.... , '

1^-^AuCA/v. v

I submit herewith information received from Home, Italy, regarding
the change in the discount rate of the Bank of Italy:
Present Hate

€>%




Date of Change
March 9, 1925

ffbrmer Hate
5

Date of Change
July 11, 1922

Reproduced from the Unclassified / Declassified Holdings of the National Archives

change in the discount rate of the Reichshank:
Present Rate

Date q f Cfrangg
Fefc. 26, 1925

Executive M d w
Date.A~
A

a

.'X % tMVlw
\/k IT»
"

VV”




Former Rate
10%

Date of Change
Dec. 29, JL923

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office CorrespoL
To

once

Oate__De oembern 12 , 1924,
Subject:-_Change

Mr,. Eddy

Froi

RESERVE
ROARD

________^ ; t / /

Stewart
#*■»

I submit herewith information received from Paris regarding
a change in the discount rate of the Bank of France:
Present hate

■it

Executive F o l w
Date - ■«'*(i-iy-i
*,** mmma a * itg



Date of Change
Deo. 11, 1924

Former Hate

6%

Date of Change
Jan. 17, 1924

^

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

O ffice Correspotk
To

ice

FEDERAL RESERVE
BOARD

Discount Rates
*/

From--- Mr. Stewart
5
u

■

Uaie

Subject:

Mr* 42ddy-

FF.DE.RAl

w

f f i ' i / A

V..-^

i i i M

/

. / t A ' •/

I sutmi t herewith infoma tion received from Vienna, lustrih, regarding
,
V
a change in the discount rate:
g.rsamt-.Bst.s

PMg...Q„t..Qfcsnge

gjm9r.-Pa.ta

13$

Nov. 6, 1924

15$




Pate.q £ -.Qfr&AgQ
Aug. 13, 1924.

'6'

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Cor
y<2
M r T Eddy

I submit herewith information received from the Baj^k of India
regarding a change in the discount rate:

/» a

Present Bate

Date of Change

5brmer Bate

b%

July 3, 1924

6%




Date of Change
June 19, 1924

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

jittej Correspon „nce
$

IffftQ

FEDERAL RESERVE
BOARD

L)ate_

/ -v/-v Y

_____ __________________

Subject:___Discount Bate of Imperial
Bank of India,

V' V <■«*-■ ^ /

I submit herewith information received from the Imperial
Bank, Bombay, India, regarding a change in the discount rate:
Present Rate




8^

Date of Change
April 10, 1924

Former Bate
9%

Date of Change
Feb. 14, 1924

U

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspon ~nce
To _

Mr . Eddy

F ro m _

Mr. Stewart

FEDERAL RESERVE
BOARD

■UtRVEBf
t-h.M

Date__ Ma rc hJLO^_1924.

1

J

.

_

e

f ----’* * "

/o'

•

$

5/ V,

I submit herewith information received from Prague, CzechoSlovakia, regarding a change in their discount rate:
£Jt< A <
Pregent Rate
6i%

Executive Folder
n ,k
U'vU




Former Rate
Mar. 10, 1924

5%

Date of Change
Jan. 28, 1924

i—8496

A-

Keproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

1 ^

Office Correspor* ~nce
To
From__

WARD FILE

FEDERAL RESERVE
BOARD

Date

Subject:

March 6, 1924,

Discount/Rates

A

r. Stewart

H VJ

I submit herewith information received from Helsingfors,
Finland, regarding a change in their discount rate:
Present Rate




9%

Date of Change
Mar. 6, 1924

Former Rate
1<$

Date of Change
Nov. 30, 1923

_

J
2-6496,

Reproduced from the Unclassified / Declassified Holdings of the National Archives

e v .

F o rm N o . 131.

Office Correspon vnce
To

FEDERAL RESERVE
BOARD

Date-- February-.21, 1924,

Subject:

-Mr., Eddy

•r. -r'; **:*tr-

Disc o R a t e s ,

From_____ Mr, Stewart

j«iS

it*I submit herewith information received from Riga, Latvia,
regarding a change in the discount rate:
Present Bate
8%

Date of Change
Feh. 16, 1924

I7

Executive
Date.

Folder




i

Farmer Bate
rfo

Date of Change
Nov. 1, 1922

Reproduced from the Unclassified / Declassified Holdings of the National Archives

i
F o r m N o . 131.

Office Correspoh ’ .nee
To

fEflFRAL RESlRVt B6AH0 Fit

FEDERAL RESERVE
BOARD

Pare

February 14, 1924,

Subject:__ Disc

M r ..Eddy..

bio

Fxec

\ l L

$

•A-'l t—-t

yE -subfrii t herewith informat ion" received from Bombay, India, regard­
ing the change of the interest rate of the Imperial Bank:
Present Bate




9%

Date of Change
Feb. 14, 1924

Jl

Former Bate

Date of Change

Q%

Jan. 3, 1924.

1

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.
FEDERAL RESERVE
BOARD

Office Correspo

Subject:
From.------Mr. Stewart
A

..

submit Ad^owith information received from Warsaw, Poland, and
Prague, Czechoslovakia, regarding changes in discount rates:
Date of
Former
Date of
Present
C o .U A trj
Change
Rate
Change
Bate
Poland
Czechoslovakia
also Netherlands




48$ ^

5$

Jan, 25, 1924
Jan. 28, 1924

5|$

N o v , 12, 1923
Nov. 29, 1923

5$

Jan. 24, 1924

4 *$

Dec. 13, 1923

96$

Reproduced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspoii ’ nee
To

FEDERAL RESERVE
BOARD

eral reserve board file

Date__January 19, 1924.__

M r. Eddy

Subject: 1_Change

Stewart
v

■

vD-

____

I submit information received from the Bank of France, Paris|
regarding a change in the discount rate:
Present Bate
6%

'’

~i!I'I''

\

L iVvuviVw

'PTj “ fii

I oiuyi




Date of Chana-e
Jan. 17, 1924

Former Rate

*

Date of Change
Jan. 10, 1924

|

Keproauced from the Unclassified / Declassified Holdings of the National Archives

F o r m N o . 131.

Office Correspori ’ nee

BOARD

M r s 4£d4y

. Stewart

I submit herewith information received from
’Denmark, regarding a change in their discount rate:
Present Rate

Date of Change

7%

Jan. 17, 1924

Viu4tj




jfcrmer Hate
6%

Date of Change,
May 1, 1923.