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
(1931 - 1935)
“
DO N O T REMOVE ANT
PAPERS F R O M TH IS FTLE5
G E N E R fA i Ll e r
RETURN TO
TRANSFER
--
V
,
<
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
j0
FEDERAL RESERVE
BOARD
Date December 50, 1955
Mr. Carpenter
Subject • Change in d .scount rate of the
Goldenweiser________________
F ro m
F E D E R A L R E S E R V E B O A R D F IL E
National Bank of
r
• •
v)V)
'
i
.
,
T X x ' (L.
The discount rate of the National Bank of Czechoslovakia has been
reduced from 3 l/2 to 5 percent, effective January 1, 1956.
rate of J5
2 percent went into effect January 25, 1935.
FOR CIRCULATION
nrrvm.
x
The previous
16— 852
Reproduced from the Unclassified / Declassified Holdings of the National Archives
131
F o rm No.
1t-Ot-hAL
i
Urrice Correspondence
To______ Mr. Carpenter_________________
Froroc____Mr,. Goldenweiser^ o __^
.
FEDERAL RESERVE
BR
0D
A
r
w
R t S L R V E B O A R D F IL E
p,
q
Subject:_ Change in tiiscoimt^^e ^
_
____ ___________________ Reserve Bank of India________ _
p
^
..The discount rate of the Reserve Bank of India has been reduced
M . H i a .../ ........* .
r ann
fr ria
r ;n r
/ fropL.5..1/2 to 3 percent, effective November 28, 1935.
- , ................................
M r. James
r- T.
,f
of..3.1/2. percent went into effect February 16, 1953.
M r. Szymc?:k
M ‘
r.
M
r.
............................. "
.................
................. .
Please n <
o3
chijdi
gRd return to
Mr. Carpenter
The previous rate
1-5
62
8
Reproduced from the Unclassified / Declassified Holdings of the National Archives
FEDERAL RESERVE BOARD FILE
$ /v/ v F #
i h J
ff
Gov.
H.
r
A N 4 , >
M:
ii
IVr.
cu^ty ^
TTtXzv^d ^ z
^TRANSLATION
NOVEMBER 25, 1955
V
/Xl;
\ /'
?
EFFECTIVE NOVEMBER 26, 1955, THE BANK OF FRANCE HAS RAISED THE DISCOUNT
RATE FROM 5 TO 6 PERCENT; RATE ON ADVANCES ON GOLD FROM 6 TO 7 PERCENT;
RATE ON ADVANCES ON SECURITIES FROM 6 TO 7 PERCENT; RATE ON ADVANCES FOR
NOT OVER THIRTY DAIS SECURED BY GOVERNMENT OBLIGATIONS MATURING WITHIN
TWO YEARS FROM 5 TO 6 PERCENT
Reproduced from the Unclassified / Declassified Holdings of the National Archives
•- | F E D E R A L R l S L R V E B O A R D f J L E
-
j
tn
, W > l i
PARIS, NOVEMBER 21, 1955
EFFECTIVE NOVEMBER 22, 1955, THE BANK OF FRANCE HAS RAISED THE DISCOUNT
RATE FROM 4 TO 5 PERCENT; RATE ON ADVANCES ON SECURITIES FROM 5 TO 6
PERCENT; RATE ON ADVANCES FOR NOT OVER THIRTY DAYS SECURED BY GOVERNMENT
OBLIGATIONS MATURING WITHIN TWO YEARS FROM 4 TO 5 PERCENT
Reproduced from the Unclassified / Declassified Holdings of the National Archives
JE..F'
Office Correspondence
F orm N o.
i F t u u . A L R t S r . « v E B O A R D F IL E
,=i
FEDERAL RESERVE
BOARD
.
Da e November 14, 1955 ,
t
T o __________ Mr, Carpenter------------- -
From
Mr. - homas
T
,X
J\
Subject:
ihe Netherlands Bank
5 4 ’H' .3 - U
d L
Gov.
c
R
1
• "• The discount rate of the Netherlands Bank has been reduced from
Mr. Hanjlin..
Mr. M ille r.
K..
Mr. James*
.
4 to 5 l/2 percent, effective November 14, 1955.
of 4 percent went into effect November 5, 1955.
Mr. S z y m :::\
^
Mr.
Mr.
The previous rate
'
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To__The Board________________________
From Division of Examinations______
An examination of the Head Office of The Chase Bank, New York, New York,
a foreign banking corporation chartered by the Board. under the provisions of
Section 25(a) of the Federal Reserve Act, commenced today as at the close of
business November 12, 1955.
^ M
£m ° lder
Gov. _
Mr. Hamlin......
Mr. Mii.'cr.,
Mr. Jamas
Mr. The
’
M . SyT;st
r z.,TJ
Mr.
Mr.
Pis32S nVSilCi f
M.
r
J
t»<IJ?*
f
nt:tf
■ aff?
n
•rfffffp
Reproduced from the Unclassified / Declassified Holdings of the National Archives
r
r
^
F o r m N o . 1E51
It*
/ l/.
Office Corresponuence
To_
From.
FEDERAL RESERVE
BOARD
D i t ^ I p v e m b e r 5, 1955
^ Mr. Carpenter
Subject: Change ini discount rate of
the ^ethert pJWQ I&nkff,-— —
Mr. Goldenweiser
'■
t V(<< V
1—82
6 5
ft2XiMflAT!GN
"/
The discount rate of the Netherlands Bank has been reduced from
Mr. Hamlin
4 1/2 to 4 percent, effective November 5, 1955.
4 l/ 2
The previous rate off1-f "
,r - r/f
S) (\ M . Jr:
r a,
percent went into effect October 2 2 , 1955.
K^VT/--lv. M . 1.
r
Mr.
M.
r
Mr.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
federal
F o r m N o . 1 31
Office Correspondence
y0
Mr. Carpenter'_________________
From
uu/
rate of the Netherlands Bank has been reduced from
- 5 to 4 l/2 percent, effective October 22, 1955.
percent' went into effect October 17, 1955.
Mr. Jamas
Mr. Themes
Mr. S z y t r ^ V - ...................*
Mr.
Mr.
....................... .
.........................
&
the Netherlands Bank
Mr. Hamlin .(<■■
Mr. Mle../■
ilr.
J
=
Subject: Change in d Iscount rat^g o
C
Bv ^
o.
board
Date. October 22, 1955
Mr* Goldenweis
CIRCULATION The dis
reserve
FEDERAL RESERVE
BOARD
The previous rate of
f il e
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F E D E R A L R E S E R V E B O A R D F IL E
F o r m . N o . 1 31
Office Correspondence
Mr. Carpenter________________
FEDERAL RESERVE
BOARD
Date October 17, 1955
Subject:
M r . Goldenweiser
From_
Change i c
i
the Netherlands Bank
L*
V
S
CnD r IDr'll! ATI AM
c ir c u l a t io n
FOR
.....6 ’
to*5*percent, effective October 17, 1955.
Mr. Millar......
C"
- mu ~ J ±
The discount rate of the Netherlands Bank has been reduced from
r. Hamlin J r . ....................
.
Mr. Jams
P
cent went into effect September 17, 1955.
v
The previous rate of 6 per-
X
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
FEDERAL RESERVE
BOARD
Mr. Carpenter
From Mr. Goldenweise:
Cr.y
(
/
Date
October 5, 1955
Subject: Change in
F if i
/
the Bank of Estonia
P..
zZ
The discount rate of the Bank of Estonia has been reduced from 5 to
30V.
Mr. licm’in ^
■ / 4 percent, effective October 1, 1955.
^
i
.
i
i
v./
, , , - n ‘ H i i r
into effect October 1, 1954.
The previous rate of 5 percent went
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
jQ
M r.
F ro m
Mr. Qoldenweis
Carpenter
,r
-
FEDERAL RESERVE
BOARD
Gcv. _
the Netherlands,Bank
U
The discount rate of the Netherlands Bank has been raised
Hr. rr:=. f O
..;r.
Kr .
.
M.
r
* * y f i 5 to 6 percent, effective September 17, 1935.
fct
rate of 5 percent ivent into effect August 3, 1935.
Mr. Scynrczck . T
Mr.
M.
r
1—82
6 5
„
F'
Mr. Ham.m . ------
" r R/ A RP F|
' >
JR
Siihjer.t• Change in discount rate of______
txecutive folder
FOR CIRCULATION
4' « ;
-
Date September 17, 1955
The previous
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
To
Mr, Carpenter________________
From.
Woodlief Thomas
FEDERAL RESERVE
BOARD
Date
Subject: Change in discount rate of_______
the Bank of Italy
Of
m^CIRCULATION
Gov.
iL*-
\
'
a
The discount rate of the Bank of Italy has been raised from
.
• •/*
... 4 1/2 to 5 percent, effective September 9, 1955.
nr. tv : - Y y
1
September 10f 1955
The previous rate
'
of 4 1 / 2 percent went into effect August 12, 1955.
'
'
V
Reproduced from the Unclassified / Declassified Holdings of the National Archives
£ A
F o r m N o . 1 31
FE D E R A L RESERVE BOARD H I E
Office Correspondence
To
Mr. Carpenter
From
Woodlief Thomas
FEDERAL RESERVE
BOARD
Date August 29, 1955
Subject:Change in discount rate of ___
the National Bank of Hungary
v f
4
[ L
The discount rate of the National Bank of Hungary'has been reduced
,w
from 4 l / Z
to 4 percent, effective August 29, 1935.
of 4 l/2 percent went into effect October 18, 1932.
The previous rate
X
Reproduced from the Unclassified / Declassified Holdings of the National Archives
1-t o e r a l r c s l r v e
F o r m N o . 1 31
Office Correspondence
Mr. Carpenter
FEDERAL RESERVE
BOARD
te August £5, 1955
S u b je c t
From. Mr. Goldenweiser
b o a r d file
:_Changejj discount
the Danish National Bank
.
rate of the Danish National Bank has been raised
F R c:r: :
O
2 1/2 to 5 l / z
percent, effective August 2 2 , 1935.
... previous rate of 2 l / 2
M Ham Z y(s
r.
lin
M {vihhr./Z i
r.
M . h rn X \
r
fir. Thujas
vfr. ■
fir.
' '
V
*fcasa
nd rcl
fi. i
«r
The
percent went into effect November 30, 1933.
ro
16—862
Reproduced from the Unclassified / Declassified Holdings of the National Archives
R A l R ESERV E BOARD
F o r m N o . 1 31
Office Correspondence
FEDERAL RESERVE
BOARD
£)ate August 13, 1935
y0
Mr. Carpenter
__________
Subject; Change in discount rate of the
From.
Mr. Goldenweiser
___________
_______ Bank of Italy_______________
' } Lf U
V
t
y
| t
e
The discount rate of the Bank of Italy has been raised
from 3 l/2 to 4 l/2 percent, effective August 12, 1955.
The
s'Tate of 3 l/2 percent went into effect March 25, 1935.
ru.l v:RC’ LAT10H
J
f .. . r
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31 A .
F E D E R A L R L S t R V E B O A R D F IL E
A
Office Corresponuence
j 0_____ Mr. Carpenter___________________
r
L
a o
FEDERAL RESERVE
BOARD
D a e August 5, 1955
Change in discount tfata. of t t '
is
I / y - /y/
P
From^_, — „
___
L u u W ; rr,ki&r
M . Hamlin.vr:.
r
6 to 5 percent, effective August 5, 1955.
The previous
Mr. M ille r...rT / y .
rste of 6 P ercent went into effect J u ly 26, 1955.
Mr. James .. V
Mr. Thomas ..
Mr. Szymczak
Mr.
Mr.
*'
....
Mr. Morrill.
u’..
.
Mr. Bethea.
Mr. Carpenter A <
Mr. Noel!. . A-ff
M.
r
.....
Mr.
Mr.
........
M
r.
........
Please n&ts/ —
check
and returnrre^
Mr. Carpenter
Reproduced from the Unclassified / Declassified Holdings of the National Archives
/
F o r m N o . 1 31 j \
aj
/* /* *
f
Urnce Correspondence
FEDERAL RESERVE
BR
0D
A
Tn
Mr, Carpenter____________________ Siihjert:
From
? & • Goldenwei
■*
s
e
r
\.
Dt J ly
ac u
Change in discount rate of tj
________Netherlandt^
The discount rate of the Netherlands Bank has been raised
Vt
M . Han’n Vir frdM’S-to 6 percent, effective July 26, 1935.
r
i
^
Mr. H
j/ /'of 5 'percent went into effect July 25, 1935.
Mr. Thornes
Mr. Szymrz.
Mr.
M.
r
>
Mr.
Mr. Cui,:.;
The previous rate
r
„
— "X
——
i9 5
$
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Lxecutive holder
131
Office Corresponuence
jo____ Mr. Carpenter_______________
From
x
~
Mr. Golden?;eiser_______________
FEDERAL RESERVE
BOARD
Date___July 25, 1955
Subject; Change in discount
the Nether1
The discount rate of the Netherlands Bank has been raised
5 to 5 percent, effective on July 25, 1955.
of 5 percent went into effect July 18, 1955.
The previous
Reproduced from the Unclassified / Declassified Holdings of the National Archives
'ffice Correspondence
To
Mr. Carpenter____________________
. Goldenweiser
„
fOR CIRCULATION
zfr Ham'm ■
/.
l
y
ED ERAL RESERVE
FEDERAL RESERVE
BOARD
Subject:
OfaE<*
July 19, 1955
Change in discount rate of
~
the Newift^1
.
.
Bank-
2 l4 4 - d ' l L
,
^
/ jj
|
The discount rate of the Netherlands Bank has been reduced
from ,3 l/2 to 3 percent, effective on July 18, 1935.
• y ra^ e ,of 3 percent went into effect July 6, 1955.
'"
Mr. »
Mr t m s r / r . , , ■
a e '■■■/• 1 , , -"«
p e s MS/ - cto*
lae
and reVjryt^
Mr.
BOARD FILE
The previous
2
^
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
To.
Mr. -Carpenter
From
eolral
FEDERAL RESERVE
BOARD
Mr. Goldenweiser
Date
July 9, 1955______
the Austrian National Bank
^
3 , |
!
—
^s495
M*r
Gov.
The discount rate""of the Austrian
National Bank has been reduced
F f3ni t
ir:s
' - from 4 to 3 l/2 percent, effective on July 10, 1935.
Mr. ThDr-'i
of 4 percent went into effect February 23, 1955.
F-r. S2ym:r;k
Mr. •
file
Subject: Change in discount rate of
^
I
reserve board
The previous rate
Reproduced from the Unclassified / Declassified Holdings of the National Archives
ftoTfiAL RKtRVE
' ’ 0 F' U |
F o r m N o . 1 31
Office Correspondence
To,
Mr, Carp #rter
From
FEDERAL RESERVE
BOARD
Dale
Mr, Gold eh?/else;
Jidjr 6 / 19S5
Subject: Change in
:nw<
1
the Netherlands Bank
i
’ 4 1 9 - ! I "*
4
XPrClTO v
fob
t W H U f f iW *
The discount rate of the Netherlands Bank has been reduced from
G
ov.
...................
Mr. HarnTm
~ 4 to *5
Mr. MiBa.-ML/--- r ....
4 percent went into effect June 27, 1955.
Mr. James
Mr. Thoms
Mr. SzymczaX
Mr. *
Mr.
Pleas'
and rtWi
l/2 percent, effective on July 6, 1935,
—
check
t
0
Mr./kcenter
The previous rate of
zp
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
*‘
Urrice Correspondence
To
—
FEDERAL RESERVE
BR
0D
A
Mr. Carpenter_________________
l
n
U
July
z,
1955
______the
'
4"- 9 ^ 1 ^
Mr. Ham’in
M. f
r
Kr-Jarca
^ 7
'*'•
•'**
The discount rate of the Bank of Java has been reduced
/|
j
from 4 1/2 to 4 percent, effective on July 1, 1935.
C ......
of 4 1/2 percent went into effect June 5, 1955.
;1r.
__
Subject.: Change in discount rate of____
F r o m __Mr. Goldenweis e i T / ^ y ^ ______
E
,
The previous rate
Reproduced from the Unclassified / Declassified Holdings of the National Archives
ease r«
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
1
fCOtnA RtStRVE BOARD
L
FEDERAL RESERVE
BOARD
Dat .
F IL E
June 4, 1955
Mr. Carpenter
Change in liscount pate of the ,
From
Mr. Goldenweiser
Bank of Ja
-rA
^
To.
ti
>
9-M4(L
9-H
(<- A
F R CIRCULATIO
O
N
C v K ...... ...The discount rate of the Bank of Java has been raised from 3 l/2
o.
Mr. H a m lin ... . . _ _ _
V
Mr. tm x.fT ../. percent..to 4 l/2 percent, effective June 5, 1955.
The previous rate of
Er. J o s • • V - . . . . . . . . . . .
••
tT.i t m s ^ 3 l/2. .percent went into effect November 1, 1954.
fr r s c
.Szymczaix 4/
Rc2
i a2
od
d
Ar. (‘iarcmtirr
•
6
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
• ~
FOR CIRCULATION
' To.
iresponaence
FEDERAL RESERVE
BOARD
Subject:
----- Mr. Carpenter
Change
M u Hamltr
Mr.
rom ^ __ y_Mru _G oldenw eiser L f / t \
..............
h
nP ^ 7 T
y
T.-V T:
2 - 4 4-
'4
ts
K t J o
The discount rate of the Netherlands Bank has been raised
Mr. C
:
Mr.
Mr.
from 4 percent to 5 percent, effective June 1, 1935.
Please no
and .return
check
rate of 4 percent went into effect May 16, 1955.
Mr. Ca,Venter
The previous
fy
Reproduced from the Unclassified / Declassified Holdings of the National Archives
i F E D E R A L R E S E R V E B O A R D F IL E
F o rm N o . 131
Office Correspondence
To
Mr. Carpenter________________
Mr. Goldenweiser
FEDERAL RESERVE
BOARD
D i te
May 16, 1955
^
Subject: Change in
the Netherlands Rank
> 14 . &\r
<L
<
L
FOR CIRCULATION
The discount rate of the Netherlands Bank has been reduced
Mr. HamlinC
Sr.I ...................
.
Mr. Miller.
Mr. J m s v*
ae
from 4 1/2 percent to 4 percent, effective May 16, 1955.
*
Mr. Thomas _ .
Mr. o V
previous rate of 4 1/2 percent went into effect April 10, 1955.
Mr.
Mr.
;
...............
•-
Mr. Morrill
Please no
and return
Mr. Cafr
The
4
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
FEDERAi
Office Correspondence
To______ Mr. C a r p e n t e r __________
From
FEDERAL RESERVE
BOARD
Date_i
Change in c
n
h
‘
-r
pate of
J # pr
r
4 4 ", 9 - H
The discount rate of the National Bank of Belgium has been
Mr. Hamlin
Mr. M i l l e r . i K f .
Mr. James
•educed from 2 l / Z
Mr.
Mr.
Please sots
P
—
percent to 2 percent, effective May 16, 1955.
previous rate of 2 l / 2
Mr. The: : : * /
Mr. Szymcza!-.
Mr.
Mr.
Mr. Morrii!.
Mr. B etas.
Mr. Carpsnta
Mr. Noel •
Mr.
Mr.
check
j n lS
May 16. 1955
National Bank of Belgium
Mr. Goldenweiser
W3T
t>
percent went into effect August 28, 1954.
th e
r*
iA
t \
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F orm
no
. 181
Orfice Correspondence
To __________ Mr. Carpenter
c
,•
L x * s d r 6ld8f"
^
BR
0D
A
U L U L n n i-
r
w
Subject: Change in
_________
F ro m _______ Mr. Goldenwelse^.
r — r - T T R E S t t N E 8 0 W 0 F IL E
FEDERAL RESERVE
^
6
May 2 , 1 9 5 5
___
icfte of^ — —
fg
-------the Swiss National Bank---------
->>+4, s-H -
T>WC (LJt U1
The discount rate of the Swiss National Bank has been raised
Gov. _
........ y l ..................
M.taln
r ' i m i ..../..y...from 2 percent to 2 1/2 percent, effective May 3, 1935.
Mr. M
i N
Mr. J a m e X Z
a
. ..............
/•...... -rate of 2 percent went into effect January 22, 1951.
Mr. T h o n t i f X r .....................
Mr. S z y f u z a v V ...................
Mr.
_
......... ••........ .
... check
t
The previous
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Corresponuence
T o _______ Mr. Carpenter________________
F E D E R A L R E S E R V E B O A R D F IL E :
FEDERAL RESERVE
BOARD
D ate
April 10. 1955
Change in d Lscount rate of
/
the Nether1 L id s Dank ~~~—
eo
p
2- H ' H '
^
I
Gov.
...............
The discount rate of the Netherlands Bank has been raised
Mr. Hamlin. .....................
Mr Miller....• f r-QE>-& 1 /2 percent to 4 1 /2 percent, effective April 10, 1935.
•
Mr. James
^
....................
M . Thomas .^••••previous rate of 3 1 /2 percent went into effect April 5, 1955.
r
M . S y c a •..........
r zmzk
The
11
1
2 45
—89
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. Carpenter________ _________
From
Mr. Goldenweisere
Ex-eetitiwToWer
DafJ
April 5^ 1 ^
V
Subiect: Change in discount rate of the
Netherlane
/: 2.
■
^ 4 1 ,
cP-l!
FOR CIRCULATION
The discount rate of the Netherlends Bank has been raised
G?
o.
' 'fro®'~Z''l/2 percent to 3 l/2 percent,
"’
effective April 5, 1955.
The
{/f
f
y ‘'py6Vi‘
6U6 rate of 2 1/2 percent went into effect September 19, 1935.
Mr. *
Mr.
PIo3i3 note /—
check
and return Ap
Mr. Cartonter
ARD ^L e I
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Corresponcrjnce
To
Mr. Carpenter__________________
_
From_ Mr. Goldenweise:
FEDERAL fitovRv£ BOARD FILE
FEDERAL RESERVE
BOARD
Date.
March 25, 1955
Change in c iscount pate of the t
tianK oi -L-cary
>t
p
1—82
6 5
X 14-.
m y
U'ii
\X^,t
Go*.-
......
.....
.....
u
Mr. SHtor . .
.
Mr. J3TD2S
Mr. Th‘ T.3»
3
:f.::
sy
The discount rate of the Bank of Italy has been
/ s" " " ' " ”
M . S y r H U-. ^reduced from 4 percent to 3 l/2 percent, effective March 24,
r znzk
M. ‘
r
. % tttmumtl
s
M.
r
......1855,., The previous rate of 4 percent went into effect November
Pleas^pp — ehaet£6, 1954.
a d rjrit
n c6> o
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To________Mr. Carpenter_______________
From_____ Ir. Goldenweiser
FEDERAL RESERVE
BOARD
Date February 25, 1955
Subject:_Change in
Austrian National' Bank
"pL
P e e ncfVAics
check
and refudMo
Mr. Cercenter
-3
4 1 rpl i i
Reproduced from the Unclassified / Declassified Holdings of the National Archives
■AJ
AV
i\ \ x
\
F o r m N o . 1 31
Office Corresponaence
yQ
Mr. Carpenter _____________
FEDERAL RESERVE
BOARD
Date__ January 25, 1
Subject: Change in
National Bank of the Kingdom of Yugoslavia
3
Doofi,
Mr. Hamlin.
Mr. Miller..
••••The discount rate of the National Bank of the Kingdom of
/■
Mr. James
J
M . Thomas
r
• -Yugoslavia has been reduced from 6 l/2 to 5 percent, effective
•
Mr. Szymaak
M.
r
Mr. i *
.... February 1, 1955.
•
The previous rate of 6 l/2 percent went into
....................
effect July 16, 1954.
Please note —
check
and return to
Mr. Carpenter
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
__
r r *
/" I
Urhce Correspondence
j0
Mr, Carpenter
From
^r * Goldenweiser
___
RM
FEDERAL RESERVE
bad
o
r
^‘'‘
f
o f ^/percent.went into effect April 5, 1955.
........•'........
Mr.
M r.» *
................
.........................
K
.........................
D
a
National Bank of
(
f3tom 6 t o _4.3/2 percent, effective December 15, 1954.
Mr. Szymczsk ^
AltO F1U
G°
Suhject: Change in
^
Mr. Thornes
^
_
The previous rate
Reproduced from the Unclassified / Declassified Holdings of the National Archives
r m N o . 1 31
ffice Correspondence
T o ____
Mr, Carpenter
From____ Mr, Goldenweiser
F E D E R A L R E S E R V E B O A R D F IL E
FEDERAL RESERVE
BOARD
Datl
Subject:
_____
December 14, 1954_
Discount rate of t
_ BSUk of
ortugal—
* £ _ 4 4"
Executiv^-folier
2 4
discount rate of the Bank of Portugal has been reduced from
F f C C &\t%//(2 percent to 5 percent, effective December 15, 1954.
O ? IR U
f" vv
*>
M . 'H lif1 ^
r am
Mr.
of 5 l / 2
MMe
r
Mr. J a m e s......
Mr.
Toa
hms
..
M. C y c s ^
r zmz^
"
^
••
Mr.
Mr. i ».
P e s r t .. c .
/?e o a . h
Mr
percent went into effect December 11, 1955,
•
16—85?
dL
P
T
)
The previous rate
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
FEDERAL RESERVE
BOARD
Date
jy
Mr. Carpenter
Subject: Discount rate
From
M r . Goldenvreiser
Finland
December 1, 1954
9^4 Hv
the Bahk of
^
The discount rate of the Bank of Finland has been reduced from
4 l/2 to 4 percent, effective December 5, 1954.
4 l/2 percent went into effect December 20, 1955.
./V U t iU
vi v V
£ r± 4
AT I ON
Mr. rk n i l . f . .
Mr. Millar
^
Mr. Jam's
fir . Thomas K
w
Mr. S:yrrr:i2
k
Mr.
Mr. i
Please note/--- check
and retur.yto
Mr. Carpenter
The previous rate of
1
Reproduced from the Unclassified / Declassified Holdings of the National Archives
c .
F o r m N o . 1 31
f\CC*
„
/ '" l
Ufhce Correspondence
To, „
Mr. Goldemveiser^L,
./
M , H f i )x »
f dul,
M , tie.
r o l r.
t
M . ih r s .
r on .
ember1
11, 1933
Mr. S zym czak.lr...^,,,,.......
If
We
• •I • • H U M
*
%•
M,
r
/.
M . Iim1
r fe'.
,
Mr. Bethea. ^
''
Mr. Hoeii.
Mr,
/) a
Dt
ae
Subject:
^
Discount rate o ^ w e ^ i n k of
n u u.
~ 7
,
/
Italy _ C
_
'
_____.
Tjae discount rate^af'uhe Bank of Italy has been raised from 3 to 4 percent,
• ••*
«
November 26, 1934. The previous rate of 3 percent went into effect
Mr. Jam ...K .;^ X 7 .........
as
M.
r
6R
0D
Mr. Carpenter____ :
______________ _
From
FEDERAL RESERVE
V..1. , .......
.....................
Mi........................................
P e e nt • * « l
l w oe ' h 6
sni rt r P
eun
MiCrwtr
r^apie
Reproduced from the Unclassified / Declassified Holdings of the National Archives
wr5
*
-i
>
4
Reproduced from the Unclassified / Declassified Holdings of the National Archives
rtolRAL RtSERVf B O M W
orresponaence
FEDERAL RESERVE
BOARD
Carpenter____________________ _
From Kr. Golden’
The discount rate
4 per cent, effective September 21, 1934.
went into effect May 6, 1933*
FOR CIRCULATION
The previous rate of 3 per cent
Reproduced from the Unclassified / Declassified Holdings of the National Archives
*
’/
U m ce Lorresponaence
Ft.
li
m
FEDERAL RESERVE
BR
0D
A
Dt
ae
To___ Mr. Carpenter____________________ .
Subject:__ Discount ratef^f7 th<
From M r . G-oldenweiser/V, . / H U _____ ___
________ Bank of Estonia
' 4
epo
dU /
r The discount rate of the Bank of Estonia is to he reduced from 5 5
""
to 5 percent, effective October 1, 193^*
went into effect February 1, 1 9 3 2 .
p
«* tmceurioN
Mr. Hamlin., A
Mr. Miller.,
Mr. Jam ,..
es
Mr. Thorns^
Mr. Sqrniczafv
Mfc OTbHl%K ,
t
Pe s nt "
ta e oe
c
fi^k
g
M Carps^TT/' 0
r.
*d r t r ' o
eun t’
The previous rate of 5A percent
Keproauced from the Unclassified / Declassified Holdings of the National Archives
EDLh hL
F o r m N o . 1 31
Office Correspondence
FEDERAL RESERVE
BOARD
Dat .
.
.
Jva.v is. 1 9 ^
Subject • Discount
e National
Bank of the Kingdom of Yugoslavia
2 45
—89
e $ _
_
The discount rate of the National Bank of the Kingdom of Yugoslavia
i® si
*
g
is to he reduced from 7 to 6 l/2 percent, effective July l6, 1 9 3 ^*
p* . F r C!R'previous rate of 7 percent went into effect February 9. 193^*
o?
Qov. Black.. .*77!..................
Mr. Hanjiin.. ........................
Mr. Miller ■
Mr. Jamas
,\,
\
V.......
..
Mr. Thomas
Mr. Szy,m;::'(
l / ' ........
Mr. O’Covrar.. .*T .........
Mr. Marl .!.
^
Please tote —
check
and return to
Mr. Carpenter
The
Reproduced from the Unclassified / Declassified Holdings of the National Archives
M tienvve :.
r.'tO
M
r.
..
Pleat* note — efaek
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Hlw^SKt
Mr.
Please note
an return to
d
'MrrWtfntip
Reproduced from the Unclassified / Declassified Holdings of the National Archives
(
F o r m N o . 1 31
Office Correspondence
To
'ir.
Gar pen t e r
federal
reserve
board
file
FEDERAL RESERVE
BOARD
D a ti
S u b je ct :
D iscount
o f France
M-
3 - 11
d-v/,6. R e t : “U
' !^ ,,LA
T,0W
The d is co u n t r a t e o f the Bank o f France i s to be reduced from
C v Ri-k ~ l / ~ ~ .........
o.
r,'A
"
........3 to- 2 1/2 p er c e n t, e f f e c t i v e June 1 , 1934*
r Mle'.
>. ilr:”^ ....... "
i,__
y ...... 3 p er cen t went in t o e f f e c t February 9, 1934*
m
,
D,ea33 note ... check
lfid
rtr t
eun o
Mr. Carpenter
The p re v io u s r a t e o f
2 45
—89
Reproduced from the Unclassified / Declassified Holdings of the National Archives
131
ice Correspondence
Mr. Carpenter_________________
r>F0R CIRCUL
rrom
Goldenweiser
H ot. Black...................
■ r. Hamlin.Ay...™.,,,
Hr. M
iller..'
FEDERAL RESERVE
BOARD
Subject: Change in j i
l
N a tional Bank of Belgium
9-H4
The discount rate of the National Bank of Belgium has "been reduced
Mr. James .
Mr. Thomas
from 3 l/2 to 3 percent, effective April 2 6 , 1934.
Mr. Szymczak
■ .O'’ 1
Mr' Cr.?
"
3 1 / 2 percent went into effect January l4, 1932.
Mr. Martin.
Mr. Morrill.
Mr. Bethea..
Mr. Carpenter!
Mr. Noe!!.
JIte -Srrrrr
... .
MJhf.io. .
UeK/-pr
M-#f:.
LPrwr
Mr.
.........
The previous rate of
Reproduced from the Unclassified / Declassified Holdings of the National Archives
eFE D E R AL RESERVE BOARD FILE
F o r m N o . 131
£»
u
FEDERAL RESERVE
U m c e Lorrespondence
BR
0D
A
T o ______ Mr.. Carpent e r _____________________
From
Mr. Goldenweise j^ V ^ ---) {/J C _
■Hie d iscou n t r a t ^ m
'
Bank o f France.
A '
r ^ te ^
______
; '
T)
# — ■ > (i
I - -
th e Bank o f France has been r a is e d from 2 l/ 2 to
3 p e r c e n t , e f f e c t i v e February 9, 193^ •
went in to e f f e c t O ctober 10, 1931*
Sufekct: ChaJlge in
The p re v io u s r a te o f 2 l/2 p e rc e n t
Fyornf
Ffttdor
FOR CIRCULATION
Gov. Black . 'r f T h ....................
Mr. Hamlin ,< T . ...............................
Mr. M
i l l e r . ...... ......................
Mr. James
......................
Mr. Thomas k l
Mr. Szymczak
Please nets
/ ........................
..............
—
and return to
Mr. Carpenter
check
the
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To
FEDERAL RESERVE
BOARD
Mr. Carpe n te r _______ __________________
From Mr. GoIdenwe i s e r
1
X
Dat-o February 7, L951___
!-
Subject:
^ 4(
Baa k -o f the Kingdom o f Y u g o s la v i-a
2 46
—89
J
The d isco u n t r a te o f tcB -^ fa tion a l Bank o f the Kingdom o f Y u g o s la v ia
has "been reduced from J l/ 2 to 7 p e rc e n t,
e f f e c t i v e February 9> 193^*
*
,
j
p re v io u s r a te o f 7 1/2 p e rc e n t went in t o e f f e c t J u ly 20, 1931**"y
The
H -xfo P f v n<*l*
** u v 1 v ; u
TOP cmnATio:<
Gov. Black.. rTTT
Mr. Ihm 'in. .*rT....................
Mr. Miller. . r f T . , /
Mr. Jem
Mr. Thomas •
Mr. ozyznczsk
Mr: u
1
•M Mar.
r.
Plea:
Reproduced from the Unclassified / Declassified Holdings of the National Archives
The d iscou n t r a te o f the N a tio n a l Bank o f B u lg a ria has
been reduced from 8 to 7 p e r c e n t , e f f e c t i v e January 2, 193^»
The p re v io u s r a t e o f 8 p e rc e n t went in to e f f e c t May 25, 1932*
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F E D E R A L R L S l RVE B O A R D F I L E
F o r m N o . 131
Office Correspondence
Date
December 19. 1933
Subject: Discount ra|e
To______Mr,
From
FEDERAL RESERVE
BOARD
Mr. Goldenweise
W B l
ank of
Finland
/v /t I jl ,po r
Z
j?tie discount rate of the Bank of Finland has "been reduced from
5 to 4 l/2 percent, effective December 20, 1933*
5 percent went into effect September 5 . 1933*
The previous rate of
Executive Folder
FOR CIRCULATION
Gov. Black, f'ff.
Mr. Hamlin I 'f f
Mr. Miller.
Mr. James
Mr. Thomas
Mr. Szymczak
7
Mr. O'Conner,
Mr. Martin.
...
Please note —
and return to
Mr. Car p e r or
?
.
chack
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To_______
Mr. Carpenter_________ _
F r o m ________Mr. Goldenweiser________
The discount rate of the Bank of Italy has "been reduced
from 3 l/2 to 3 percent, effective December 11, 1933*
previous rate of 3 l/2 percent went into effect September 4,
Gov. Black
.
Mr. Hamlin
Mr. Miller
Mr. Jamas
Mr. Thomas
Mr. Szymcza'i<
Mr. O’Conner..
Mr. Martin. •
^
Pleaso note
—
and return to
Mr. Carpenter
check
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
FE D L uA l fiuL RVEDOo
Office Correspondence
To.
Mr. Carpenter
From
Mr. Goldenweiser
Dafc December 12, 1953
Subject: Discount (r
Bank
--- --- -
of Portugal
(fLdt
The discount rate of the Bank of Portugal has "been reduced
from 6 to 5 l/2 percent, effective December 11, 1933*
The prev
ious rate of 6 percent went into effect March 13, 1933*
D f,LF
FEDERAL RESERVE
BOARD
'O
V t y f-fe S k rJ
B
6
Gov.C ; ick. /Tf............
Mr. liarnan k f ..........
f.lr. Mil
Mr. Jarr
Mr. Tho
Mr. Szy.mczak
/
Mr. C'Ci>rwor.. « <
Mr. Martin.
,
^
.
Please note —
check
2nd
return to
Mr. Carpenter
it— 8495
— f — -/
t
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To__
From
The discount rate of the national Bank of Albania has been reduced
from S to 7 l/2 percent, effective November 16, 1933.
of
8
percent went into effect
J u ly
The previous rate
tr
1, 1931.
CftittJDVriON
Gov. Black . . .
. ..
.....
Mr. Hamlin..
......
Mr. Miller..
.
........
Mr. James ___ t A * .......
Mr. Thomas
Mr. Szymczak
......
|Z
Mr. O'Connor,
Mr. Martin.
Pleasg note —
and return to
Mr. Carre i er
check
Reproduced from the Unclassified / Declassified Holdings of the National Archives
V " D E D A L RES
F o r m N o . 131
Office Correspondence
To
Mr. Carpenter_________________ _
p rom
FEDERAL RESERVE
BOARD
Mr. Goldenweiser
Subject*
RV E B OA
0 fiLE
ecember 1, 1933
Dat
Discount; -ate of t^e Danis!
National Bank
. ^4 +
<
l
....**i- h3 w ’
f 5
Mr. Miller..*
The discount rate of the Danish National Bank has "been r$dTj^§$i.
Mr. Thomas
3 to S 1/2 percent, effective November 30, 1933.
3 percent went into effect June 1, 1933.
The previou^.-.z^tT&a-ofr ......
Mr. Martin.
Mr. Morrill.
Mr. Bethea..
-■
-
Mr. Carpenter
ttaiSa.
HSswtr
*0g2?
fvTj.
please nolo
—
end return to
Mr. Carpenter
chack
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F E D E R A L R E S E R V E BO A RD FI LE
F o r m N o . 131
Office Correspondence
T o _____ Mr. Carpenter___
From
Mr. GoIdenweiser
FEDERAL RESERVE
BOARD
Subject:
Date
Discount
^oveinber 2 9 , 1 9 3 3
*ate of Barg? of
Sweden____________ __________ ____
J’ ^
(^.
jS
-2 45
—89
The discount rate of the Bank of Sweden has been reduced from
3 to 2 1 / 2 percent, effective December 1, 1933.
2 1 / 2 percent went into effect June 1, 1933.
The previous rate of
Executive FoldeT
FOR CIRCULATION
Gov. BfaciL.TT.*.
Mr. Ham'in.
Mr. MIHcr
___
/ ......
Mr. Jcmrs
Mr. Tiutias
.Af.
Mr. Czymczck
Mr. O'Cor.Rcr..
.
Mr. Martin.
■
Please note —
and return to
Mr. Carpenter
cheek
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Corresponuence
To__ __ Mr. Carpenter_________________
From
Mr. Goldenweiser/l r ) X
t
0
___
__
FEDERAL RESERVE
BOARD
Date
F IP\W'RFE
&TL
DI
L
Subject: Discount r[ i e of Bank o
st
Poland
* ■v)
Ha
H
—
for
c m s U im fflt
;:^ z k z
‘he discount rate of the Bank of Poland has been reduced from
T
iy
o to 5 percent, effective October 26, 1933.
6 percent went into effect October 21 , 1932.
.
.
y"
The orevious rate of
y
Mr. !7I:
2 45
—89
Keproauced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
fice Corresponuence
Mr. Carpenter
From.
FEDERAL RESERVE
BOARD
Date_ October 1 A, 1933
_
Subject:__ D i s c o u n t o f ____
Mr. Goldenweiser
Greece
eP
9 - H - >
& U
>^,4.
o
1—8 2
6 5
S'P
1
The discount rate of th^- Bank of Greece has been reduced
from 7 1/2 to 7 per cent, effective October 14, 1933-
The pre
vious rate of 7 1/2 per cent went into effect June 6 , 1933*
Reproduced from the Unclassified / Declassified Holdings of the National Archives
.
F o r m N o . 1 31
A N
FEDERAL RESERVE
Urrice Lorresponuence
■
br
od
a
____ 1
r Spe br1 .1 5
w etm 9 9 3
e
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
/" *
Urrice Correspondence
FEDERAL'RESERVE
BR
0D
A
To ___ Mr. Carpenter___________________
From
Subject:
Mr. Goldenweiser
^ Sp me 5 1 3
e te br > 9 2
Discount rate pf
i4
'
of Italy
7 (
P
^
Q
—
.
______
i
w
.
The Bank of Italy has reduced its discount rate from 4 to 3 l/2 percent,
effective September 4, 1933.
The previous rate of 4 percent went into
Fva'vrf,
"w«
effect January 9, 1933.
/
TorCIRCUlATfON
Gov B!*dk'sXi8CuiAJiQ)i_____ _
Uf
M.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Corresponuence
To
Mr. Carpente r ________
prom
Mr. Goldenweiser,
FEDERAL RESERVE
BOARD
Datp September 5. 1953
Subject* Discount rate of
of Finland
The discount rate of the Bank of Finland has been reduced from
5 1/2 to 5 percent, effective September 5, 1933.
5 1 / 2 percent went into effect June 3, 1933,
The previous rate of
Executive Folder
Cor^CIR^LATlON
Gov- Clack
Mr. H amlin,
Mr- James
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
ffice Correspondence
Mr. Carpenter
FEDERAL RESERVE
BOARD
D a te.y ugust^l 6 , 19o3
Subject; Change in discount rate of the
Mr. P a rry
Bank of Java
,
^ |
~
1 ______
[
t
The discount rate of the Bank of Java has been reduced from 5 to
4 l/2 percent effective August 16, 1933.
went into effect July 1, 1933.
The previous rate of 5 percent
>
2— 8495
Reproduced from the Unclassified / Declassified Holdings of the National Archives
jr
F o r m N o . 1 31
jce tLorresponaence
FEDERAL RESERVE
BOARD
CajrDenter
^
V""'
Datfi August 15, 1933
Subject: Change in ’ isc<
d
'arry
t Z L j- (U c " c Q
j
J
The discount rate of the Netherlands Ban]': has been reduced from 3 l/2
to 3 percent, effective August 15, 1933.
cent went into effect July 29, 1933.
The previous rate of 3 l/c> per
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To.
M r . Carpenter
F rom
FEDERAL RESERVE
BOARD
Subject:
D a te
July 51, 1933
Change in diyoutiV raj
Mr. Goldenweise,
O-'C-oC.
^ § ^ * ,
ciRcnt-ATioi|:
J
•
r * ii1 ()
/
The discount rate o f ^ t h e Netherlands Bank has been reduced VMr. Hamlin-----------------
from 4 to 3 l/2 percent, effective July 29, 1933.
rate of 4 percent went into effect July 15, 1933,
The previous
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
~ rr.
Urrice vorresponuence
To___
From .
. A" 1 7 n i r
\
-r —
M r. Carpenter_______________
_ Mr* Golden we iseay^zU
-------- --
federal reserve
~
F D R L R SE V BOARD Fll£ I
EEA E RE
M
ARD
Date.
J u ly 1 5 ,
Subject:___________i „
_____
_________|
__________ Change in d i s count r a t e _________
Executive folder *5
p
J
,
J
r« circulation
Gov- B!ac|t-V----- -------Mr. Hamlirt-------------
The discount rate of the Netherlands Bank has been reduced
v/
Mr- fam es------------------
from 4. 1/2 t o 4 p er c e n t, e f f e c t i v e J u ly 15, 1933*
Tti’F ^ P E viott^
Mr. MWer
r a t e o f 4 1/2 p er c en t went in t o e f f e c t June 29, 1933
-
Mr.
Mr- O’ConnorMr. Morrill --
—
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m M o . 131
e Correspondence
The discount rate of the Bank of Japan has been reduced from 4.38
to 3.65 per cent, effective July 3 * 1933*
cent went into effect August 18, 1932.
The previous rate of 4.38 per
Reproduced from the Unclassified / Declassified Holdings of the National Archives
t
The discount rate of the Bank of Java has been raised from 4^ to 5
per cent, effective July 1, 1933.
The previous rate of 4J per cent went
into effect March 11, 1930*
Mr.
Mr. Morrill ----Mr. McClelland
Wir-lnr", ,
Mr Pi'-— --^
iipa
Mr °\\m
***
Mr.
P es nt
l a e oe
— —
Reproduced from the Unclassified / Declassified Holdings of the National Archives
rift
F o r m N o . 1 31
ice Correspondence
p atP Jone 30 , 1933
Subject:
Mr. McClelland
From
FEDERAL RESERVE
BOARD
rate
Mr. Goldenweise:
..
.
-
-
CJLf/
The discount rate of the Netherlands Bank has been raised from
3 1/2 to 4 1/2 percent, effective June 29, 1933.
The previous rate of
3 l/2 percent went into effect May 12, 1933.
C-n/a a i ** t %
j
ft, .
For C IR C U L A T IO N
5.0V- Black Mr- Hamlin.
Mr- James ~
:z
,-«
««*
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Corresponuence
j
\\3
Trt \ V ^ r .
FEDERAL RESERVE
BOARD
Date June 6 , 1933
t 4
S u b je c t _Ohr.u e in da.s,.coa
-
p rom \,Mr, Goldenv/eiser
" > o X ) (L
The discount rate o
Bank of Greece has been reduced from 9 to
7 l/2 percent, effective June 6 , 1933.
, _
,
„ into effect December 3, 1932.
The previous rate of 9 percent went
PvfV'M'I'M fO fTrvfrlnr
Mr. Miller___
Mr.
Mr,
Please note - imW
telum t
o
<
*
e,
S■
Reproduced from the Unclassified / Declassified Holdings of the National Archives
? r m N O. 131
»•
FEDERAL RESERVE
ice Lorresponuence
Mr. McClelland
rom
Mr. G
o
l
d
_
e
n
w
_
e
BR
0D
A
_
Date
Subject*.__
i
s
j\
/p
f
June
, -:
a
Change in d iscount rate
n
,
2 45
—89
The discount rate of the Bank of Finland has "been reduced from 6 to
5 1/2 percent, effective June 3, 1933.
The previous rate of 5 percent
,
went into effect February 1, 1933.
For CIRCULATION
6 uii Mcjw
>
i
»
Mr. H a m l i n . . - » • « - «
Mr. James . . Z —
•
- M i . antyiju. — . . . . . . . . .
Mr. Miller
k
\
7
M r.*
Mr.
vZ
Please note - initial and
Return to S ecrg ia ry V Qffiee
T T ^
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
MJttiace Correspondence
\
K
Frnm^
FEDERAL RESERVE
BR
0D
A
.'c3 l£liD..iC.______________
^
Dt _ j ^ A J ^ _ _
ae
Change in disco-ant r & te _______
Subject:
Mr. ( k ) l d e n w e i s e ^ y W 7
V V
'
P- / 1
'ZX^-OdL-
-^V — |<'
a°
r
2 45
—89
The discount rate of the Danish National Bank has been reduce dr from
3 1/2 to 3 percent, effective June 1, 1933.
The previous rate of
3 l/2 percent went into effect October 12, 1532.
For CIRCULATION
^ OTHftgyS^ y -*/--Mr. H a m l i n y
Mr. James
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
FEDERAL RESERVE
BOARD
May 31, 1955
To__
From Mr. Goldenweiseip^ d 00
>
N _
o
The discount rate of the Bank of Sweden has been reduced from 3 l/2 to 3
percent, effective June 1, 1933.
The previous rate of 3 l/2 percent went
into effect September 1, 1932.
L m
’n‘C
v,
t,
’
r or
n p f jLA T lO N
1/
■
... y *
iV . killer..................
.r
M r.
M
r.
-Please note - in
itial and
, 0 'ttrn to See^miry’ s Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
C
r
*
Urnce Correspondence
To______ M *_..M e l la n d _______ ^
cCl
From
FEDERAL RESERVE
kZ
ttr. G o l d e n w e i s e i L ^ y ) ^
rA
oR
D
r
w
SnkjVrF- (Than
\
a, i9 g
s a
in fitfff^ynrTP'fl1
^
/Xoo &
2- “ »6
r<
The discount rate of the Bank of Norway has Been reduced from 4 to 3 l/2
percent, effective May 24, 1933.
effect September 1, 1932.
The previous rate of 4 percent went into
pYPnitlWA
L ^ T o r C C LA N
IR U TIO
Gb£ Meyer . . k i .....................
M r, H a m l i n . . , .....................
Mr. James ---------------- „-«#
M Magee................. ..
r.
M M iller,.,...................
r.
Mr;
to,
/
? i * st f ■W l snd
\ss a e
M ra
S asrf& ry’s Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To__
Mr. McClelland
From
The discount rate of the South African Reserve Bank has "been reduced from
4 to 3 l/s oercent, effective May 15, 1933.
The previous rate of 4 percent went
into effect February 20, 1933.
G o y Meyer
Mr. Hamlin Mr. James .
Mr. M agee.
Mr. M ille r..
Mr.
Mr.
P1p ;-'"8 n ‘te • mitipFand
hevut n tu
8 Offlcs
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Form No. 131
/%/»<••
y'
-t
Urhce Lorresponuence
To
Mr. McClelland__________________
FEDERAL RESERVE
bad
o
r
,
Snh e . r
jrf:
Dle M is, 1 3
a a
v
93
Change in discount rate>
From . Hr, Goldenwelsei^
•. j
» j
The discount rate of the Netherlands Bank has "been raised from 2 1 / 2 to
^
o 1/2 percent, effective May 11, 1933*
/
TOnt into effect April 19, 1932.
The previous rate of 2 l/2 percent
F v O P I l t i i m Fn'
h. A U U Y {
rcul ATf j 1
tN
n io v / M e y e r____ _______
'*-;
* V
Mr, H a m lin ............................. ...
Mr. James
.................
Mr. Magee . . . v f . .............. ......
Mr. Miller.............. ............* ___
Mr.
Mr.
Please note - initial and
Return to Secretary's Office
289
-45
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To_
FEDERAL RESERVE
BOARD
Data April 5, 1933
Mr. McClelland
From
The discount rate of the National Bank of Romania has "been reduced
from 7 to 6 per cent, effective April 5, 1933.
The previous rate of
7 per cent went into effect March 4, 1932.
Fo r C1BCULAT1C.
rv^T
Gcv, Meyer« — .
Mr. Hsmt
Mr. Jemes
Mr. M e g e e -J-xw —
Mr. Miller. j L ™
Mr>
J
M r.
Flppre note' Initial $rnti
V
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Corresponuence
FEDERAL RESERVE
BOARD
-/
Q ate
March 23, 1933
Mr. McClelland
F r o m __
M r . Goldenweiser
The discount rate of the Austrian national Bank has "been
reduced from 6 to 5 per cent, effective March 24, 1933.
The
previous rate of 6 per cent went into effect August 24, 1932.
ti.
Ur.
Ur,
Itube n t
o
ivui i
i.i: c
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o i^ ^ F
o.
131
Office Corresponuence
To
Mr. McClelland__________________
From
FED
RESERVE BOARD HL£
f)afe March 14, 1932
FEDERAL RESERVE
BOARD
Mr. Ooldenweise
f
Char f e in his^cmnt rate
p//
v__ /
L. I ^ - X c
The discount rate of the Bank of Portugal has been reduced from(j
6
l/2 to 6 per cent, effective March 13, 1933.
The previous rate of
6 l/2 per cent went into effect April 4, 1932.
^
For CIRCULATION
fcov,' M e y e r ____
Mr. Hamlin
Mr I r . s
re
Magee-____
M
iller—
—
Mr.
Mr.
please note *I.- l :Rd
rti
Return
\q
- f
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o rm N o . 131
ice Correspondence
Mr. McClelland
From
FEDERAL RESERVE
BOARD
Date February 21 1 193;
Subject; Change in discount.rate
Mr. Goldenweise
oo
*
2-
__'
^ < ■ ' (L
'-'3
The discount rate of the South African Reserve Bank has been reduced
from 5 to 4 per cent, effective February 20, 1933.
5 per cent went into effect October ?, 1932.
The previous rate of
tXBC^GiroWt^dvf
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
ice Corresponuence
Mr. McClelland
From
FEDERAL RESERVE
BOARD
Subject:.
F E O t f AL RESERVE
pi|
£)aye Fehruary 15, 1933
Change
Mr. Goldenweiser
p-'db:
2 45
—89
.
The discount rate of the Imperial Bank of India has been reduced
from 4 to 3 l/2 per cent, effective February 16, 1933.
The previous
r
.
r>r
rate of 4 per cent went into effect July 7, 1932. f )\
<
Gov. Meye
Mr. Hamli
Mr. Jsmer
Mr. Magee
Mr. Miller.
Mr.
Mr.
Please note - irjitia! and
He turn to Secretary’ ; >
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F orr-
N o . 131
'
»•
ice Correspondence
4 ,
FEDERAL RESERVE
BR
0D
A
T\^l X r * McClelland
From Mr* Goldenweiser_____________ __
a.
m m
, Q >4‘ X U _______ . ^
-K
axi
T __ /
- ----- *
L P /ufc?
•«
'
2- 8495
The discount rate of the Bank of Finland has been reduced from 6 l/2
to 6 per cent, effective February 1, 1933.
The previous rate of 6 l/2 per
cent went into effect April 19, 1932.
__
SnhjVrt- Change in discount ra^e
D
V
January
'
FflrffiP
uov, M e y e r___ ________
Mr. Hamlin................... V . . Z T „ " *■*"*■
Mr. Ja m e s ___ .kfC
Mr. Mr p e e ...................................
Mr. Miller...........................
Mr.
Mr.
F lease note - inityt and
Fieturn m Secl/ary
..
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o rm N o . 131
/
Urhce Correspondence
,uU
A
K
Mr. McClelland
From
(
FEDERAL RESERVE
Subject*
Dlc ja ay a, 13
a mr s 93
Change in discounter?
Mr. Goldenweiser
‘
^
2 89
- 45
_
The discount rate of the National Bank of Czechoslovakia has been reduced
from 4 l/2 to 3 1/2 per cent, effective January 25, 1933.
The previous rate of
4 l/2 per cent went into effect September 26, 1932.
For CIRCULAT10,.
Gov. M e ye r---------------------Mr. Hsmlin........................................
Mr. James ........................ ...............
Mr. Magee.................... ............... ..
Mr. Miller...........................................
Mr.
Mr.
Please note - initial and
iiCturn to S e c ta r y 's Office
rxeproaucea rrom the unclassified / Declassified Holdings of the National Archives
FojrwjaSiTo. 1 31
Office Corresponaence
FEDERAL RESERVE
BOARD
J o ______ Mr. McClelland________ _ ______
<
From
f
SA L R E S E R V E
Date
BOARD FILE
January 14, 195
SnKjVrt- Chang| ip dl 9 e<
ate
Mr. Gtoldenweiser
V ,f ' CU& dL
A
The discount rate of the Bank of Latvia has been reduced fronr 6 to
5 1/2 per cent, effective January 1, 1933.
cent went into effect October 1, 1930.
The previous rate of 6 per
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To
Mr. McClelland___________________
From
Mr, Goldenweiger
The discount rate of the Bank of Italy has been reduced from 5 to 4
per cent, effective January 9 , 1933.
The previous rate of 5 per cent
went into effect May 2, 1932.
1
f
l!
j
ITa ^f^.
a
For ClRCUtfAflor
hvl
nfj
Mr. Hamlin
Mr. k m e s _ . n / y -.
V.r. f pee _
V--
iv.r. u.filer......................................
Mr.
iv r.
t e"?e note - initial, and
:.vlUiii iu bofcri^iny’e Uifica
reproduced trom the Unclassified / Declassified Holdings of the National Archives
X
V
F o r m N o . 1 31
Office Correspondence
Mr. McClelland
Mr. Goldenweise
FEDERAL RESERVE
BOARD
f D . c l RiSiKVfc t U H f f L
tlfA
iAi lE
Dafp December 3, 1932
Subject:
9 4 _ l^
u
The di acount rate of the Bank of Greece has been reduced from
10 to 9 per cent, effective December 3, 1932.
The previous rate of
M r.
Mr.
Please note - initial and
Return to
SeefeW y’ 8 ^ ' ce
Reproduced from the Unclassified / Declassified Holdings of the National Archives
fFnrEAl RESERVE BOARD FILE
F o r m N o . 1 31
Office Correspondence
To______Mr. McClelland_______________
From
FEDERAL RESERVE
BOARD
T)aieOctober ^19, 1.
952
Subject: Change in'
Mr. Qoldenweise
„
■jWc.
M
The discount rate of the National Bank of Hungary has been reduced
from 5 to 4 l/2 per cent, effective October 18, 1932.
of 5 per cent went into effect July 1, 1932,
The previous rate
For CIRCULATION
Me
yer
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
F D RA , ^ ERVE
E E RL
n
-H E
FWe
3 m 0
To ______ Mr. McClelland_______________
From .
Mr. Goldenwe leer___________ _
(3iaa7
The discount rate of the Bank of Poland has "been reduced
from 7 1/2 to 6 per cent, effective October 21, 1932.
The pre
vious rate of 7 1/2 per cent went into effect October i s n^l3®>f)N
3’
M r. Miller
Mr.
Mr.
Pleese note
iari t u
.ut v
fill
October 21. lq^g
uiy s u f c
iis
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181
Office Correspondence
FEDERAL RESERVE
BOARD
To___ Mr. McClelland__________________
p rom
L October 19, 15S2
Date
Subject:__Change .n discount rate
Mr. Goldenweiser
■
Rv, f '
t
The discount rate of the Danish National Bank has "been reduced from
4 to 3 l/2 per cent, effective October 12, 1932.
The previous rate of 4
per cent went into effect May 30, 1932,
ZN
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Corresponuence
Tof
u \
y
From
FEDERAL RESERVE
BOARD
to tltfaBLE
discount rate
Subject
Mr. Qoldenweiser
5.4 4 >
[T*.
The discount rate of the South Airican Reserve Bank has "been
reduced from 6 to 5 per cent, effective October 7, 1932.
The pre
vious rate of 6 per cent went into effect November 13, 1931
Cv^y
i ; :-.:;c,e no
r
ttiM O
iiU
t -i O V an11
o pi i !
'
v; .
j
»,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
f \ r C 9
/" *
U rhce Lorresponuence
To __ Mr. McClelland
______
^ ______
* FEDERAL RESERVE
BR
OD
A
Subject;
Du Sp me a , 1 3
a e te br s 9 3
Change in discount rate______ _
From Mr* <^ldenwelaer<^rx(22/<X
/
(\-r
^
__
( R l&
f'-fU-
•
The discount rate of the National 'Bank of Czechoslovakia, has been
reduced from 5 to 4 1/2 per cent, effective September 26.
rate of 5 per cent went into effect April 12, 1932,
The previous
r
-
,»
r
I
Executive Folder
For CIRCULATION
Mr. Hamlin.
Mr. James
— -
Mr. Mctx#
-— —
Mr. Miller.
•i1 f i / . •
M at «
Mr.
/
Mr.
Please note - inittohand
Return to Secraw ry’ s Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
T o ______ Mr. McClelland
F rom
^
__________ _
Mr. Goldenweiser
The discount rate of the German Reichebenk has "been reduced from
5 to U per cent, effective September 22, 1932«
5 ptir cent went into effect April 28, 1932,
The previous rate of
t )v3f ib#
Mr. Ham!
Mr. James
Mr. Magee
Mr.
Mr. Pole.
Mr.
Mr.
Please note - initial and
Return to Secm ary’s Gffiot
•<-\n
?
Reproduced from the Unclassified / Declassified Holdings of the National Archives
/
F o r m N o . 1 31
e Corresponuence
To
F rom
FEDERAL RESERVE
BOARD
Date September 21, 1952,
Mr * MoCle H a n d ___________________
N
Mr* Walters____________________
Mr* Tweed of the New York bank telephoned that he has been
informed that, effective Thursday, September 22, 1932, the discount
rate of the Reichsbank will be reduced from 5% to 4%.
He also sta|e
that the 5# rate has been in effect since April 28, 1932*
G o vrW ye r
M r. Hamlin.
Dr* Goldenweiser received direct cable advice to the same
M r.lam es
effect this morning*
............. ..
Mr. Magee.
Mr. Miller—
--------
M r.
Mr.
Please note - initial and
Return to
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
fit \
Office Corresponuence
To
Mr. McClelland
FEDERAL RESERVE
BOARD
* * * « * » * * ''“
\
)dte_September--2^-1952-
Subject:__ Change
sate
From Mr. Gcldenweis<
(I a ~JL>
The discount rate of-the Bank of the Republic of Colombia has been
reduced from 6 to 5 per cent, effective September 19, 1932.
The previous
Mr.
please note - initial and
Return to b e c r ^ ty s Ufftert
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o rm N o . 131
O ffice Correspondence
To,
q
Mr, McClelland
From
FEDERAL RESERVE BOARD F L
IE
FEDERAL RESERVE
BOARD
.
Da e Sex t ember 1. 1933
i• .
Mr. P arry
Change in discount rate
----------W
u
-
/
o
(
j T
l
Che discount rate of the Bank of Norway has been reduced from 4 l/2 to
4 per cent, effective September 1, 1932.
The previous rate of 4 l/2 per cent
went into effect May 20, 1932.
,to . initial end
u - i\ - J k
vo |>
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
4*4**
Urrice vorresponuence
To
From
FEDERAL REE
BK
1“
,
A
r ■
Date.
September 1, 1932
Mr. McClelland
_______________________
The discount rate of the Bank of Sweden has been reduced from 4 to 3 1/2
per cent, effective September 1, 1932.
into effect June 3, 1932.
The previous rate of 4 per cent went
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
FEDERAL RESERVE
BOARD
DfcRAL RESERVE
from 5 1 /2 per cent to 4 l / 2 per cent, effective August 22, 1932,
’■
Daft* August 31. 1932
Mr. Pole______ —
--------
Mr.
Mr.
Please note - initial&rfd
Return to S e c ^ f y s U ff;:
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181
Office Correspondence
T o._____M . Med al la n d __________________
r
From
#
Mr- P a rry
FEDERAL RESERVE
BOARD
BR p /
0D
A
Subject
24,1932
Change in d is c o u n t r a te
_____________________
The discount rate of the Austrian National Bank has "been reduced
from 7 to 6 per cent, effective August 24, 1932.
The previous rate of
7 per cent went into effect March 18, 1932.
L / y
For C C L T N
IR U A IO
V1ii
n'
ji
ag*==r:=:
Mr. H a m lin ...
Mr. James . . .
Mr. Magee. Mr. Miller.
Mr. Pole _
Mr.
Mr;
Please note - initijH
Return to S e c t a r y * * CHffo*
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181
ice Corresponuence
Mr. McCl
FEDERAL RESERVE
BOARD
Subject:
Mr. Parry
^
Dati
'A t i f e t t a tt:
aatVil9Z3
Change in discount rate.
M r
Z v
*■/
‘- f ^
iC/lyT c4_/V
The discount rate of the Bank of Japan has "been reduced from 5.11
to 4.38 per cent, effective August 18, 1932.
The previous rate of 5.11
per cent went into effect June 8 , 1933.
x foWsr
^ ' / F i r CinCULATP
F* I
?v.
oT
Mr, Hamlin.......
$ ___
___ ( / , .
Mr, Mihor
Mr. Pole___
no note -iiil ond
nta
y
) n if
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181
*
/
/7 V C C *
/> l
y jin c e vorresponuence
To
Mr* GolAenwelaer
—
----- •: :v \v «
- D
m
^
Mr. McClelland
From
FEDERAL RESERVE
. ifU.SV
Dt A^t io 1 3
ae
, 92
SubjectChange in discount
/y f
NrWjL-
ar
-
«»»
The discount rate of the Bank of Greece has been reduced from 11 to
10 per cent, effective August 8, 1932.
went into effect February 20, 1932.
The previous rate of 11 per cent
F y ^ S iI'v o F r M a r
L A t? . •t l l i )/,&,, ,1 V lU O !
f o r CiiTCULAilOil
Mr. Ham lin.............. ....................
Mr. Jam es....................................
Mr,- Magee............................... .
Mr. Miller................... ...................
Mr. Pole____ _____ . . . .
Mr.
Mr.
Please note - initial and
h .am to Secretary’s Office
2 45
—89
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Corresponuence
Mr. McClelland
m y Mr. G-oldenweiser
FEDERAL RESERVE
BOARD
Subject:.
£)ate_July 23, 1932
Change yi idiscount r ^
^ ^ s c o u n t ^ /rate
2 11
fJ6
...
The discount rate of the Bank of Danzig has been reduced from 5 to
4 per cent,effective July 12, 1932.
The previous rate of 5 per cent went
into effect November 24, 1931.
Mr. Hamlin,
Mr. James
Mr. Magee
Mr. M iller..
Mr. P o l e ...
Mr.
Mr.
Please note - initial
and'
HeOiri) to S e c ta r y 's
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181
>•
FEDERAL RESERVE
ice Correspondence
McClelland_ ______________
_
From Mr, Qoldenweiser______________ _
Dt, Jly?. 13
ae u
93
br
od
a
Subject: Change in discount rate
______
‘
') i
j
The discount rate of the Imperial Bank of India has been reduced from 5
to 4 per cent, effective July 7, 1932,
into effect April 28, 1932.
The previous rate of 5 per cent went
FYBHjt^V0
Foldsf'
"Vor CIRCULATION^
Mr, H a r n i i n . - l ......................
Mr. lames - L f f - .........................
Mr. M a g e e ...............- .................-
Mr. Miller------ -Mr. P o le .................................................
Mr.
Mr.
/
Please note - initia* and
r- .
V,, '.'prrpjfCfv’s Office
Return 10 ofccraiuy
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Corresponuence
i
From
L
FEDERAL RESERVE
BOARD
McClelland
Subject:
Date
July #
1932
Change in diacoyit lyete
' Mr. Goldenweise
9-H4- X U
• Q . £
~
~
~
jL jL
iV
7
,
t T ‘ f*T
.
The discount rate of the Central Bank of Bolivia has been reduced from
7 to 6 per cent, effective July 5, 1932.
y r
r
For C I R C U L A T E
For
c
L .
went into effect August 26, 1930.
The previous rate of 7 per cent
Mr. H a m lin .,
Mr.
Mr.
Mr.
Mr P o l o ...
Mr.
Mr.
fiecse note - iny
hfctmu i v
o
md
'
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
jo
From
FEDERAL RESERVE
BOARD
Subject :_ _ 0 h
Mr. McClelland
Mr. Coldenwelser___
_______
S
W
*ii..
The discount rate of the Bank of England lias been reduced from 2 l/2
to 2 per cent, effective June 30, 1932.
The previous rate of 2 l/2 per cent
MW
went into effect May 12, 1932.
For CIRCULATlOM
^JevT^Teyer..... ....
Mr. Hamlin
Mr. James
Mr. Magee___ >
/ . . _____
Mr. Miller
Mr. P o le .
Mr.
Mr.
Please note - ifijtial and
Return to Sec/etary’s Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
_
____
Urhce Correspondence
To
Mr. McClelland
^
•FEDERAL RESERVE
_
From Mr. Qoldenwe i s erGf^_ttT7>\ ____
j
*
FRAL RESER
Subject:__Change i ^ d i scc
4 4*.
I
________________ _
\— )
aro
2 45
—89
The discount rate of the National Bank of Hungary has been reduced from
6 to 5 per cent, effective July 1, 1932.
The previous rate of 6 per cent
vent into effect April 18, 1932.
F^!4-v
For CIRCULATIO N ^
M r. Hamlin............................ - r Mr. la m e s -------
/
/
"
A
M r. Magee— * / - - —
Mr. Miller— ---------—
Mr. Pole...............................................
Mr.
Mr.
Please note /Initial and
Heiurn to w ^ret^ry's Often
,
/
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
FEDERAL .RESERVE
BOARD
Mr. McClelland
From
• Goldenwelse
Subject •
D a te _ J m le ,8 - 1 9 5 2
Change in d is
£vt.
...
'b-'VOl£-
The discount rate of the Bank of Japan has "been reduced from 5.34 to
5.11 per cent, effective June 8, 1932.
went into effect March 12, 1932.
The previous rate of 5.84 per cent
C\,
Gov. Meyer
M Hsmlln_
r.
Mr. James _ . . V -
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To (Hr, McClelland
FEDERAL RESERVE
BOARD
Subject:
Date_ June 3, 1932
_
Change in discount rate
a w s r
From M r . Goldenwe i e ei s e r ^ ^
The discount rate of the Bank of Sweden has been reduced from 4 1/2 to 4
per cent, effective June 3, 1932.
The previous rate of 4 1 / 2 per cent went into
effect May 17, 1932.
pr
Mr. Magee
Mr. Miller..
Mr. Pole
Mr.
Mr.
Please note - initial and
Return to Secfptary’s Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Corresponuence
To ________
___Mr, McClelland
FEDERAL RESERVE
BOARD
Subject:
F ro m ________ ___Mr. Goldenweiser*
3i M- 4- D- \ ,
The discount rate of the Danish National Bank has "been reduced
from 5 to 4 per cent, effective May 30, 1932.
The previous ra.te of 5
per cent went into effect March 11, 1932.
Mr, Fo ie _
Mr.
Mr.
Please note - iml al and
Return to S^rqtary s Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N O . 1 31
BOARD
FEDERAL RESERVE
Urhce Correspondence
To
ftD C H A l
BR
0D
A
n4
m si. 1 5 .
s.
92
Federal Reserve Board___________ Subject:______________________ | __
From /Division of Examinations
''r| ^
^
|^
ero
(2~y.-fey
2—8495
C*Cv
An examination of the Federal Reserve Bank of Cleveland, and its
branches, was started as at the close of business, Saturday, May 28, 1932.
■ »"*,*•>' • .^Z" 7j.■
•
»
For C iU tU LATiO N
Gcv. M e y e r. .
Mr. Ham lin. V i
Mr. James
M r. Magee
Mr. Miller.............. ...........................
Mr. Pole..............................................
Mr.
Mr.
Please note - initial and
Return to Seentffry’s Uiflce
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181
Office Corresponuence
T o_____ Mr. McCl ell and________________
FEDERAL RESERVE
BOARD
Date,
From
nut
Change in discount rate
Subject:
r\
May 25, 1932
\± . LL,
Mr. Ooldenwelser_____________
The discount rate of the National Bank of Bulgaria has "been reduced
from 8 l/2 to 8 per cent, effective May 25, 1932.
The previous rate of
8 1 / 2 per cent went into effect May 17, 1932,
1933.
For C!fi8pVATiON '
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Urnce Correspondence
To
M r > McClelland_____________
F rom
M r.
FEDERAL RESERVE
BR
0D
A
Subject:
D te
a ..
Change in discount rate
t
G o ld e n w e is ^ r ,
T
P
A
0
A
S
3•
5
( y*.
\
The discount rate of the Reserve Bank of Peru has "been reduced from
7 to 6 per cent, effective May 20, 1932.
The previous rate of 7 per
cent went into effect September 1, 1930.
Mr. Foie...................................
Mr.
Mr.
■Jesse note - initial r.nd
turn to bu&jjrtury’s Office
2 45
—89
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Corresponuence
Mr. McClelland
FEDERAL RESERVE
BOARD
Subject:
Date
May 30, 1932
Change |in discount rate
From Mr.
i
^
The discount rate of the Bank of Norway has been reduced from 5 to 4 l / l
per cent, effective May 20, 1932.
The previous rate of 5 per cent went into
effect March 3, 1932.
Mr. Pole.......................
Mr.
Mr.
Please note * Inlliy snd
Beturn to becntiwy's y$ 99
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m . N o . 131
Office Correspondence
Tn
FEDERAL RESERVE
Mr. McClelland
From Mr. Parry---y -Q l
w
The discount rate of the Swedish Riksbank has been reduced from 5 to
4 l/2 per cent, effective May 17, 1932,
The previous rate of 5 per cent
went into effect March 3, 1932.
' F o rC U m / m O fl
GoVr fh v c r
2
Mr, i m!;n
- 2
Mr. jrim s s ..............✓
-2
r. IVMgee . _ l f .
..2
Mr. Miller..............
1
Mr. fo ie .
1
Mr.
Pf
Mr.
Platte nets - inilkjl and
to
0
1
. C i t y ’s OfiCft
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
Tn
From
FEDERAL RESERVE
BOARD
Mr. McClelland
-
i
May 14, 1932
>ate______________
Subject:
Mr. Parry
Jo
>
it
CL-
The discount rate of the Bank of England has been reduced from 3 /to
2 1 / 2 per cent, effective May 12, 1932.
The previous rate of 3 ner cent
went into effect April 21, 1932.
Mtv h k _____ ______
m.
Pieejte n*afc'--lraiiai[iaB
dd
Reproduced from the Unclassified / Declassified Holdings of the National Archives
e Correspondence
Fjt. McClelland
From
FEDERAL RESERVE
_
_
ER
0D
A
Subject:
X _
r M e 1 9 3 3 _____
w » ,
y
Change in .
discount rate______ _
________r /
Mr. Go 1d enwe i s
^
^7
____________
/ C/
The discount rate of the Bank of Danzig has been reduced from 4 to
3 percent, effective May 6, 1933.
went into effect July 12, 1932.
The previous rate of 4 percent
t
T /
For CIRCULATION
Gov' Meyer
w_~
Mr. H a m l i n - J k ^ X .................
Mr. James _ J 4 ™ .................
Mr. M a g e e -—
^
....................
Mr.
Mr.
Please note - initial and
Return to S cerciury'£ Offee
/
Reproduced from the Unclassified / Declassified Holdings of the National Archives
r:
F o r m N o . 131
Office Correspondence
To__
May 3, 1932
D;
Mr. M cClelland
From
•<
iD
FEDERAL RESERVE
BOARD
-Miu- Goldenwaiae
Change i
j
_r
sz
JL
7
The discount rate of the Bank of Italy has been reduced from
6 to 5 per cent, effective May 2, 1932.
The previous rate of
6 per cent went into effect March 21, 1932.
^ X 0€!
For Cl
09V Meyer __
,
tit, Hamlin.
Mr, James
Mr. Meoee.
Mr. Miller____ ________
Mr. Pole..............................................
Mr.
Mr.
Please note - initial and
Heturn to Seaa^ary’s Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
jo
Mr. McClelland
From
FEDERAL RESERVE
BOARD
rw
Apr il 39, 1932
Mr. Goldenweiser__________
Subject*
Change in discount rate
4-
A lJ ,
U t U $, ( " A a
The discount rate of the Bank of India has been reduced from 6 to
5 per cent, effective April 28, 1932.
The previous rate of 6 per cent
v/ent into effect February 25, 1932,
Mr.
Please note - initial and
Return to S e i& a r y ’s Office
1
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
rr:ri M MSPViL
-
Office Correspondence
j0
Date.
April 27. 1932
Mr. McClelland
From
FEDERAL RESERVE
BOARD
M Goldenweiser
r*
The di secret rate of the German Reichsbank has been reduced from
5 l/2 to 5 per cent, effective April 28, 1932.
5 l/2 per cent went into effect April 9, 1932.
The previous rate of
F'Mrsitive
, '
~ '
Folder
For C ffiC tfa m O N
Gov. M e ye r___
-
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Corresponuence
y Q Mr. McClelland
FEDERAL RESERVE
BOARD
Subject:
Date_A p ^ il 23
Change la
From Mr. Goldenweiser
‘. J/
r>
The discoimt rate of the Bank of England has been reduced from 3 l/2 per
cent to 3 per cent, effective April 21, 1932.
cent went into effect March 17, 1932.
The previous rate of 3 l/2 per
f
y q
/m sI ! a
w
For CIR
bolder
Gov. Meyer
Mr. H a m lin ,U r....................
Mr. Ja m e s ..............k / . . . .
Mr. Magee___
Mr. M ille r.,
Mr. Pole_______________
Mr.
Mr.
Please note - inituri and
He turn to S e c t a r y ’s O f c
fie
Z Jf—
2 45
—89
Reproduced from the Unclassified / Declassified Holdings of the National Archives
1 'o r m N o . 1 3 1
Office Corresponuence
To
FEDERAL RESERVE
BOARD
M r . M cClelland_________
F r o m _____ Mr. Goldenweis
l-W
April 19
Subject:_ _
_
3.4-q-
W
e.
37
"
T\
The discount rate of the Bank of Finland has been reduced from
7 to 6 1/2 per cent, effective April
7 per cent went into effect February
Mr.
1938
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
FEDERAL RESERVE
BOARD
Date April 19, 1932
To__ Mr„ M cC lelland
From Mr*
The discount rate of the Netherlands Bank has been reduced from 3 to
went into effect September 29, 1S31.
Kr
i.
F lease note - initijJ and
Return to Secr^jpy*s ut'ice
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181
Office Corresponuence
y0
Mr. McClelland
From
Mr. GrOldenweiser
FEDERAL RESERVE
BOARD
_______
D ate_ A p r i l
_
S ubject:_ Change
18,
1932
in . d i s c pun t r a t e____
%
^
2—8495
■
D
The discount rate of the National Bank of Hungary has been reduced from
7 to 6 per cent, effective April 18, 1932.
The previous
went into effect January 20, 1932.
Please noteMHW a ftfl
a
Betum ta
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To__
Date. Apr 11 11 . 1952
Mr. McClelland
From
FEDERAL RESERVE
BOARD
Mr. Goldenweiae;
The discount rate of the National Bank of Czechoslovakia has been
reduced from 6 to 5 per cent, effective April 12, 1932,-.. The previous
rate of 6 per cent went into effect December 22, 1931.
For CIRC
. MWer ___ _
Mb IMto-
!
l«r M s Zty/C.
a te—
i M r - b i d - »»
r.
iM
r.
tM
r.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To_
rw
April 8 , 1933
Mr. McClelland
From
FEDERAL RESERVE
BOARD
Mr. Goldenweiser
The discount rate of the German Reichsbank has been reduced
from 6 to 5 1/2 per cent, effective April 9, 1932.
rate of 6 per cent went into effect March 9, 1932,
The orsvjLoua-
Executive
/
r>?*Ar
For CIRCULATION
Gov'. Meyer
.....................
Mr. H a m l in - _ l^ ........... . . .
Mr. Ja m e s ____ _
Mr. Magee
Mr. M i l l e r . . . , ............................
Mr. Pole............ .............................
Mr.
Mr. '
Please note - initial and
Return
Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F oj
Correspondence
. McClelland
From
X
\
773 y
Mr. Ooldenweisej?7 Y,
6 l / 2 per cent, effective April 4, 1932.
.
went into effect August 11, 1931.
The previous rate of 7 per cent
E V < v ' v ,' v *
-J *
:
1 .a V .
'
^^
7c v. Meyer
: i :r h in - - V f » v
note ■ initial and
ijra to * ■
» !
0 « l«
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
Hie digcount rate of the Bank of Italy has been reduced from 7 tb
6 per cent, effective March 21, 1932.
The previous rate of 7 per cent
went into effect September 28, 1931.
Mr. P o l e . . , ....................................
Mr.
Mr.
Please note - initial and
Return to Cuuroiury’ o
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
T_
M r . Me Cl el 1and
From
Mr. Goldenweiser
P 4-.>>'
H
ere
2—8495
,
fj
6
The discount rate of the Bank of England has been reduced from 4 to
3 1 / 2 per cent, effective March 17,
went into effect March 10, 1932.
Mr. Pole
Mr.
Mr.
Plesse note - initial and
he turn to
Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o rm N o . 131
Office Correspondence
Tn
From
Mr. McClelland__________________
FEDERAL RESERVE
BOARD
. D t R M R E SE R V E 6 0 ARD FILE
rktp March 17, 1932
S u b j e c t Change in d isc ount/frate.
^d®nwei s er
5 - 4 4-. » i >
n
Information has been received from Vienna regarding a decrease in
the discount rate of the Austrian National Bank from 8 to 7 per cent,
effective March 18, 1932.
The previous rate of 8 per cent has been in
effect since November 13, 1931.
Gov. M e ye r.
Mr.
FSesse note - initial and
Return to Secretary’s Office
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
fEMiw n m
Office Correspondence
To.
Mr. McClelland
From
FEDERAL RESERVE
BOARD
-h
•-f
f'*
Date March. 14, 1932
te
Mr. Go1denweiser
Ex8etHWfrT e )4 e ^ubJect: Changef l
C
Information has "been received from Tokio regarding a decrease
in the discount rate of the Bank of Japan from 6.57 to 5.84 per cent,
effective March 12, 1932.
since November 5, 1931,
The previous rate of 6.57 has been in effect
8495
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To.
Mr. McClelland
From
FEDERAL RESERVE
BOARD
Date Mar cli 10, 1932
M r . Col den^^jLs er
fT\ f r y *
ject:__ Change in/ di ^coiiti^rfate_
_
1 m -><
< l
(< *
Information has been received from Copenhagen regarding a decrease in
the discount rate of the Danish National Bank from 6 to 5 per cent, effective
March 11, 1932.
The previous rate of 6 per cent has been in effect since
September 26, 1931.
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
Date March 8 . 1933
Mr. Goldenweis
ubject • Change in disdb
X H ‘f
'
>( i
Information lias 'been received from Berlin regarding a decrease
in the discount rate of the Reichsbanlc from 7 to 6 per cent, effective
March 9, 1932.
The previous rate of 7 per cent has been in effect
since December 10, 1931.
2 4i
-89
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
Date_ March 4 » 1 9 3 2
Subject: Change in discount rate
__
From M r . Go Idenwe i^pr
I n
4
Cr
-
2 45
—89
(< AjfcZ
Information has been received from Bucarest regarding a decrease in the
discount rate of the National Bank of Rumania from 8 to 7 per cent, effective
March 4, 1932.
April 1, 1931
The previous rate of 8 per cent has been in effect since
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
O ffice Correspondence
Subject ;
______ Mr. McClelland
From
FEDERAL RESERVE
BOARD
Mr. Goldenweiser,
Date_„ March 2 , 1 9 3 2
Change im d£s
1
Information has been received from Stockholm regarding a decrease in
the discount rate of the Bank of Sweden from 5 l/2 to 5 per cent, effective
March 3, 1932.
The previous rate of 5 l/2 per cent has been in effect since
February 19, 1932.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
Tn
Mr. McClelland____________________
FEDERAL RESERVE
BOARD
£)ate March 2, 1932
Subject - Change in
“
Si.il
F r o m Mr. Golden we is e
.
* ^ II
l u
Information has been received from Oslo regarding a decrease in the dis
count rate of the Bank of Norway from 5 l / 2 per cent to 5 per cent, effective
March 3, 1932.
The previous rate of 5 l / 2 per cent has been in effect since
February 19, 1932.
.
—
2—8495
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
FEDERAL RESERVE
BOARD
Date 5’ bl^ ary 25, 1932
e‘
ject:__ Change in c i cgfcnVrate___
_
(b
To___ Mr._McClelland___________ C w v ^ . f L u
.2.4 ^
-
--- r
- »
u
JJm U hr-Tswl**
Information has "been received from' Bombay regarding a decrease in the
discount rate of the Imperial Bank of India from 7 to 6 per cent, effective
February 25, 1932.
January 14, 1932.
The previous rate of 7 per cent has "been in effect since
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Corresponuence
FEDERAL RESERVE
BOARD
T o _ ____ Mr, McClelland
From
Date February 23, 1932
::
t
Mr. Gtoldenwelser
Change in discdfant.
J H 84 ” , ^
"1
Information has been received from London regarding a decrease in the
discount rate of the Bank of England from 6 to 5 per cent effective February 18,
1932.
The previous rate of 6 per cent has been in effect since September 21, 1931
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
jQ
FEDERAL RESERVE
BOARD
Mr. McClelland
Date February 20 , 1952
bject:
Ain-, ^
9
Vo-oe,
Information has "been received from Athens regarding a decrease in
the discount rate of the Bank of Greece from 12 to 11 per cent, effective
February 20, 1932.
The previous rate of 12 per cent has been in effect
since January 12, 1932.
6
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
Mr. McClelland
FEDERAL RESERVE
BOARD
Subject-
Date February 18. 1932
Change in discount rate
From
5 -H 4-.
X /
ISJC
Information has "been received frdm ^ttJ^STolm regarding a decrease in
rding a decrease in
the discount rate of the Bank of Sweden from 6 to 5 l/2 per cent, effective
February 19, 1932.
October 19, 1931.
The previous rate of 6 per cent 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
_
To_
Mr. McClelland
FEDERAL RESERVE
BOARD
Sii j r t
he.*
Date_Z_el3ruary 13, 1933
Change in discount rate^
C J 1
F rom
Mr. Goldenweiser
3-H
_
.
Information has "been received from Oslo regarding a decrease in
the discount rate of the Bank of Norway from 6 to 5 l/2 per cent, effective
February 19, 1932.
October 19, 1931.
The previous rate of 6 per cent has "been in effect since
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
jQ
Mr.^McOlelland
FEDERAL RESERVE
BOARD
___
Subject*
—
b a te _ February 15, 1932
Change in discount rate
^
r
in the discount rate of the Bank of Finland from 8 to 7 per cent, effect
ive February 13, 1932.
Trie previous rate of 8 per cent has been in
effect since October 24, 1931.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Corresponuence
|
FEDERAL RESERVE
BOARD
Subject:
r w
§0 ,w FlLE
1 February 4, 1952
Change in
24 4
-.
^.
1
!
T"
Information has been received from Tallinn regarding a decrease in the
discount rate of the Bank of Estonia from 6 l/2 to 5 1j z per cent, effective
February 1, 1932.
The previous rate of 6 l/2 per cent has been in effect
since September 1, 1931.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181
Office Correspondence
To__
From
Mr. Coldenweise
Subject•
Mr. McClelland
* r ED ERA* R E SE R V E BO ARD FiU
FEDERAL RESERVE
BOARD
E^te_Jan^ary 29, 1932...
Change iru di sofeuaj/rate
O
H-jiuL.
^
..
r
289
-45
Information has been received from Bogota regarding a decrease in the discount
rate of the Bank of the Republic of Colombia from 7 to 6 per cent effective January
22, 1932.
The previous rate of 7 per cent has been in effect since September 18,
1930.
Executive Folder
Date //jo/$
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
To_ — Mr. McClelland
From
t-XOCUlti/S-_i -
Mr- G o l d e n w e i s s j O ^ ^
J f A J y k ^ a
FEDERAL RESERVE
BOARD
'
*
Snhjer.tr
b ate January 21, 1932
Change in discount ^ate
,
1
J I v 4 / J . 2 x r - - - --------------- - r ; . -----------------------------------
Information has been received irom Budapest regarding a decrease in the
discount rate of the National Bank of Hungary from 8 to 7 per cent, effective
January 20, 1932.
September 11, 1931.
The previous rate of 8 per cent 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 Correspondence, , 4
To
Mr. McClelland
From
Date January 15. 1932
Discount rate
Mr. Goldenweis
• e /7
»
Information has been received from Bombay regarding a decrease in the
discount rate of the Imperial Bank of India from 8 to 7 per cent effective
January 14, 1932.
September 22 , 1931.
The previous rate of 8 per cent has been in effect since
2—8495
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
FEDERAL RESERVE
BOARD
Office Correspondence
Tn
January 14, 1933
Mr. McClelland
Discount
From M ^G o M e n w e is e r /^^
<
^
J
7
^
Q
____
"
i
L
c
p
o
*
2
-«95 '
/
Information has been received? from Brussels regarding an increase in the
discount rate of the National Bank of Belgium from 2 1 / 2 per cent to 3 l/2 per
cent, effective January 13, 1932.
in effect since August 1, 1930,
The previous rate of 2 l/2 per cent has been
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To
From
FEDERAL PRESERVE
BOARD
DateJanuary
14. 1932
"'Mr. McClelland
Mr, Goldenwei
Information has been received from Athens regarding an increase in
the discount rate of the Bank of Greece from 11 to 12 per cent, effective
January 12, 1932,
The previous rate of 11 per cent has been in effect
since October 29, 1931.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To.
Mr. McClelland
From
Mr. Goldenweise
FEDERAL RESERVE
BOARD
fmtttiro4T O r
£)ate
December 33, 1921
Change in disco
te
Information has been received from Prague regarding a decrease in the
discount rate of the Czechoslovak National Bank from 6 i f 2 to 6 per cent,
effective December 22, 1931.
The previous rate of 5 1/2 per- cent has been
in effect since September 23, 1931.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
FEDERAL RESERVE
BOARD
Office Corresponde
Date
December 10 , 1931
Subject: Change in discount rate
)
Mr. Goldenweisero
2* 4 4
/ 2 45
—89
(
I
f< X
,
Information has been received from Berlin regarding a decrease in
the discount rate of the Beichsbank from 8 to 7 per cent effective
December 10, 1931,
The previous rate of 8 per cent has been in effect
since September 2, 1931.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
Jo
From
Mr. McClelland
T
A C .:U u w
FEDERAL RESERVE
BOARD
r . I !^ ..Subject:
[ te. November 25, 1931
m
Chan,
i Vsuvi
Mr. Goldenwelaer
7ib .il U Information has been received from Danzig regarding a decrease
in the discount rate of the Bank oi Danzig from 6 to 5 per cent
tf
effective November 34, 1931.
The previous rate of 6 per cent has
been in effect since September 1, 1931„
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
Mr. McClelland
FEDERAL RESERVE
BOARD
Jim
Date November 14, 1931
S u b je c t __Chan?# in diso6unt rate
From
. j\ s)b XSforrnation has been received from Pretoria regarding an increase in the
.
<
%
discount rate of the South African Reserve Bank from 5 to 6 per cent, effective
November 13, 1931.
March 13, 1931.
The previous rate of 5 per cent has been in effect since
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F orm
f*
Office Correspondence
[Mr. McClelland
From
FEDERAL RESERVE
BOARD
D ate^overn^ e r 12, 1931
Subject• Change in aisjcp^at^y&ti
Mr. Ooldenweis
Q U jt ,
2—8495
Information has "been received from Vienna regarding a decrease in the dis
count rate o " the Austrian National Bank from 10 to 8 per cent effective November
f
13, 1931.
The 10 per cent rate has been in effect since July 33, 1931.
Keproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
X
To.
Mr. McClelland
FEDERAL RESERVE
BOARD
Subject:
Date.
November 6, 1931
Change in
Mr. Goldenweiser ^ f L
7
(
3^9
M45
Information has been received from Tokio regarding an increase in
the discount rate of the Bank of Japan from 5.84 to 6.57 per cent, effective
November 5, 1931.
6, 1931.
The 5.84 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 . 1 31
Office Correspc *«ience
Mr. McClelland
Mr. Goldenweise
FEDERAL RESERVE
BOARD
Subject;
October 30,
Change in diecount rate
p < SJJ
.y 4,
R o J b i.
Inf ormatioi^has been received from Athens regarding a decrease in t
'aBrainsr a decrease in the
l
discount rate of the Bank of Greece from 12 to 11 per cent, effective October
29, 1931.
The previous rate of 12 per cent has been in effect since September
26, 1931.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To____ $r. McClelland___
From
_________
FEDERAL RESERVE
BOARD
Suhiert-
Date
G o o b e r 34, 1931
Change in discount ra/e
Mr. Coldenwei
Information has^-been received from Helsingfors rega
in the discount rate of the Bank of Finland from 9 to 8 per cent, effective
October 24, 1931.
The previous rate of 9 per cent has been in effect
since October 12, 1931.
7!
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspv .iaence
To_
F rom
Mr. Me Ole H a n d ____________
Mr. Goldenweiser___________ _
Information lias been received from Oslo regarding a decrease in
the discount rate of the Bank of Horway from 7 to 6 per cent, effective
October 19, 1931.
8, 1931.
The 7 per cent rate has been in effect since October
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181
Office Correspi -wence
FEDERAL RESERVE
BOARD
D a te
October 17, 1931
To„___ Mr. McClelland___________________
F rom
Mr, G-oldenwelser__________
Information has been received from Stockholm regarding a decrease in
the discount rate of the Bank of Sweden from 7 to 6 per cent, effective
October 19, 1931.
1931.
The 7 per cent rate has been in effect since October 8,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
FEDERAL RESERVE
BOARD
I
I
*
■&**&*> *
i
bate Qc t ^oer 1 3 » 1951 ;
To_____ Mr. McClelland_________________
F rom
Mr. Geldenweiser
54;4-,
Information has been received from Helsingfors regarding an increase
in the discount rate of the Bank of Finland from 7 1/2 per cent to 9 per
cent, effective October 12, 1931.
effect since October 1, 1931e
The 7 1/2 per cent rate has been in
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
To.
Suhjectt Change In discount /rate
Mr. McClelland
A* O
n
!9
Mr. Goldenwei^i
C
FEDERAL RESERVE
BOARD
r"
i \
^ 4 - ,
; u r
Information has been received from i^aris regarding an increase in
discount rate of the Bank of France from 2 to 2 l j 2 per cent, effective
October 10, 1931.
3, 1931
The 2 per cent level has been in effect since January
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o rm N o . 131
FEDERAL RESERVE
BOARD
Office Correspondence
^
Mr. McClelland
Date._October 7, 1931 .
Subject:__ Change in discount rate
lo t
3 ^ 4 - . 9-lj
..
.
_
(L fc jn T c
Information has "been received from Oslo regarding a decrease
vf
in the discount rate of the Bank of Norway from 8 to 7 per cent,
effective October 8, 1931.
since September 28, 1931.
The 8 per cent level has been in effect
-
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
f
| »e
FEDERAL RE5
Urrice Lorrespc^^ence
i*M tw
bate__O ctober 7. 1931
decrease in the discount rate of the Bank of Sweden from 8 to 7
per cent effective October 8 , 1931.
in effect since September 28, 1931.
The 8 per cent level has been
Reproduced trom the Unclassified / Declassified Holdings of the National Archives
<L
C&-A
October 7, 1951*
Memo*
Mr* Gardner1s office, Otis Building,
informs me that the Bank of Sweden has reduced
its discount rate fran 8 to 7 per cent, effective
tomorrow, October 8 *
FLF
Please note-initial
and return to GOVERNOR,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
T o ______ Mr. McClelland
F rom
Mr. Parry
FEDERAL RESERVE
BOARD
X966ye
3 # v ^dr
D
.6
Subject;
bate October 6 , 1931
"
rate
Change
£11
& <^3
R a ^ t ji
Information has been received from Tokyo regarding an increase
in the discount rate from 5.110 to 5.84 per cent effective October
6 , 1931.
1930
The 5.110 per cent level has been in effect since October 7,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To__
From
FEDERAL RESERVE
BOARD
Mr„ McClelland
Mr. P»rry
-La v
Subject:.
Date.
Change in discount rate
iiaui
4"
^
fP
October 1,1931
Dai
(L
5-! I
^
Information has been received from Helsingfors regarding an
increase in the discountrate
of the Bank of Finland from 6 to 7 l/2
per cent, effective October 1, 1931.
effect since August 27, 1930.
The 6 per cent rate has been in
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
/* /* •
I
m
Urrice Correspondence
FEDERAL RESERVE
BR
0D
A
Ot br 1,1931
co e
Information has been received from Amsterdam regarding an increase
in the discount rate of the Netherlands Bank from 2 to 3 per cent,
effective September 29, 1931.
since May 16, 1931.
The 2 per cent rate has been in effect
reproduced from the Unclassified / Declassified Holdings of the National Archives
Correspondence
FEDERAL RESERVE
Date __September 30, 1931
Mr. McClelland_________
F ro m ________ Mr. Parry______________
Information has been received from Rome regarding an
increase in the discount rate of the Bank of Italy from
5 l/2 to 7 per cent, effective September 28, 1931 .
The
5 1 / 2 per cent rate has been in effect since May 19* 1930°
rceproaucea trom the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To.
Mr, McClelland
F rom
fSfy.
ktc*
FEDERAL RESERVE
BOARD
S ub ject:..
|
Date September 28, 1931__
Change tru dlacounVrate
Mr. Parry
S
> ^ H*
1>voC-
M*
rt
Information has been received from Oslo regarding an increase
in the discount rate of the Bank of Norway from 6 to 8 per cent,
effective September 28, 1931.
The previous level of 6 per cent
has been in effect since September 26, 1931.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspc.iuence
Mr. McClelland
To__
F rom
FEDERAL RESERVE
BOARD
Subject:
D a te
September 28, 1931
Change in discount rate
Mr. Parry
li-Ut.
Rjb:
utHj
Information has been received from Athens regarding an
increase in the discount rate of the Bank of Greece from 9
to 12 per cent, effective September 26, 1931.
The previous
level of 9 per cent has been in effect since November 30, 1928.
Executive Folder
Dat
........
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m . N O . 131
Office Correspondence
FEDERAL RESERVE
BOARD
Date
Sept. 38. 1931
increase in the discount rate of the Bank of Sweden from 6 to 8
per cent, effective September 28, 1931.
The previous level of 6
per cent has been in effect since September 25, 1931„
Executive Folder
Oat
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
FEDERAL RESERVE
To_______ Mr ^ M cC lelland ^X f'O L t l i Vfj F o l d S f
From
a“D
o
Snhjwt;
„
, ,
.
„ .. ..
-
Change In d i sco u n t r a t e
M r . Parry
L'1
’
Information has "been received from Copenhagen regarding an
increase in the discount rate of the Danish National Bank from 4 l/2
to 6 per cent, effective September 26, 1931.
has "been in effect since September 5, 1931,
t
Dte Septem ber 38; ljH |
a
The 4 l/2 per cent level
r*
-*
y 'X
O ffice C orrespondence
Keproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
''
jq
FEDERAL RESERVE
BOARD
Mr. McClelland
From i^ P te r r
E xecutive Folder
D a te: . .f
Subject
;
fim kal
sesm a
Date September 25, 1931
Change in
>
>ate
4 *+» 5 If
" X L x Ci'-O w
Information has been received from Oslo regarding an Increase in the
discount rate of the Bank of Norway from 5 to 6 per cent, effective September
25, 1931.
f%x
The 5 per cent level has been in effect since September 12, 1931.
m
Reproduced from the Unclassified / Declassified Holdings of the National Archives
fKMNM.
F o r m N o . 1 31
Office CorrespOAiuence
To.
From
FEDERAL RESERVE
BOARD
M ,n "txecutiv6'folder
Subject:.
Date
September 24, 1931
Change in di ^6oxmt/ ralfe
Hr. Parry
Date,!
^
S "
£-11
'> ^ 3 e.
fl*&
«r»
2 -8 4 9 5
cL *
Information has "been received from Stockholm regarding an increase
in the^ discount rate of the Bank of Svfeden from 5 to 6 per cent effective
September 25, 1931.
The 5 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
T o _ Mr. McClelland
_
From
__
M
ru.—Soldenv;ei&ej*
y ( Q
FEDERAL RESERVE
BOARD
Subject:
f W
Se»teller 23> 1931
Change in d is co u n t r a t e
------ -—
r O
> 1
- . *■ < > .
4
..
.
Information has been received from Prague regarding an increase in
the discount rate of the Czechoslovak National Bank from 5 to 6 1/2 per
cent, effective September 23, 1931effect since August R, 1931.
The 5 per cent level has been in
■
Keproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
FEDERAL RESERVE
BOARD
Subject:.
To.
Mr. McClelland
From
M r. G-oldenweiser
Ilate September 22, 1951
Change in discount rate
Executive Fc'det
JiJt. i
g it
Information has been received from Bombay regarding an increase in tni
discount rate of the Imperial-Bank of India from 7 to 2 per cent effective
September 22,
6, 1931.
1931*
The 7 per cent level has been in effect since August
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
V CkP * i ' < » ,#
a
AOvb
Air. McClelland
i
r'S"?*. ; v
FEDERAL RESERVE
BOARD
- ,
Oate September 22. 19^1
rfi
u u t
Subject:
Change in discount rate
h h
• At'
..
.
2 45
—89
Information has b^eil received from London regarding an increase i n ^ b e
discount rate of the Bank of England, from 4 l/2 per cent to 6 per cent
effective September 21, 1931 •
since July
1931*
The 4 l/2 per cent level has been in effect
Keproaucea from the Unclassified / Declassified Holdings of the National Archives
i
Office Correspo ndence
F o r m N o . 131
T o___________ Mr. McClelland__________
,it*0 ^
FEDERAL RESERVE
BOARD
l Date September 21/1931
Subject:
^
OatB
Information has been received from Stockholm regarding an
increase in the discount rate of the Bank of Sweden from 4 to 5
per cent effective September 21, 1931.
The previous level of 4
per cent has been in effect since July 31, 1931.
\
Keproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
: Correspondence
Mr. McClelland
From _
Mr. Parry______1
FEDERAL RESERVE
BOARD
Subject:.
Date,
Change in discount rate
~ 9 r
cJC^t
Information has been received from Budapest regarding a decrease
in the discount of the national Bank of Hungary from 9 to 8 per cent
effective September 10.
since July 24, 1931.
The 9 per cent level has been in effect
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F orm . N o .
ice Correspondence
FEDERAL RESERVE
BOARD
Pate September 12 , 1931
Subject:
?ount rate____
From _
<L
p
&r,
Information has been received regarding an increase in the dis
count rate of the Bank of Norway from 4 to 5 per cent effective
September 12, 1931.
November 8 , 1930®
The 4 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 Corresf? licence
To__
Mr. McClelland
From
Mr. Psirry
FEDERAL RESERVE
BOARD
Subject:
bate_^eP^em^ er
1931
Change in Discount B&te
r t
!
...
D a v SC
C JiKjfo
Information has/beeh received from Copenhagen regarding an increase
in the discorunt rate of the Danish National Bank from 3 1jz to 4 l/2
per cent effective September 5, 1931.
been in effect since November 13, 1930.
The 3 l/2 per cent level has
2- ,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
O f^ce Corresp, i_*ence
±
Mr. McClelland
Mr. Parry_____
FEDERAL RESERVE
BOARD
Subject:.
L/ate_ September 3, 1931
Change in discount
rate
2—8495
Information has been received from Danzig regarding a decrease
in the discount rate of the Bank of Danzig from 7 to 6 per cent effect
ive September 1, 1931.
August 10, 1931.
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 . 1 31
Office Correspv -tuence
Mrc McClelland
EpDERAL RESERVE
BOARD
uate_ Septem ber 3 , 1 9 3 1
S u b j e c t _ Change in d is c o u n t,
_
Mr. Parry_____
From
A*
Information has been received from Berlin regarding a decrease
in the discount rate of the German Reichsbank from 10 to 8 per cent,
effective September 2, 1931.
since August 12, 1931,
ExecifthrrfuWer
The 10 per cent level has been in effect
Reproduced from the Unclassified / Declassified Holdings of the National Archives
I
Office Correspondence
F o r m N o . 131
To
Mr* McClelland
From
Advice has just been received from Doctor Ooldemrol aerfs
office that the discount rate of the Reichsbonk has been reduced,
effective today, September 2nd, from 10$ to 9$, the former rate
having been In effect since August 12th*
The Bank of Danzig has also reduced Its rate from 7% to
6$, effective September 1st*
rceproaucea Trom tne unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
*
T
FEDERAL RESERVE
BOARD
D ate_ August ? 9 , 1 9 3 1 ---
Mr. McClelland_________________
From Mr. Parry,
P
f
Information has been received from Pall in regarding a decrease in the
discount rate of the Bank of Esthonia from 7 to 6 l/2 per cent, effective
September 1, 1931*
1930.
The 7 per cent level has been in effect since October 7 ,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
£V
/t
F o r m N o . 131
Office Correspondence
To__ Mr. McClelland
From
Mr. Parry
y
FEDERAL RESERVE
BOARD
(^O jU lU
Date.. August 29 , 1931
Subject: Change iirtd lsc
______ ^
a
-
w
Information has been received from Chile regarding a decrease in the
discount rate of the Central Bank of Chile from 8 to 7 per cent, effective
August 2 5 , 1931 .
The 8 per cent level has been in effect since August 5 ,
1931.
E fctittw ®
xQ
ftiW *’
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspo Jence
La
To.
Mr. McClelland
From .
FEDERAL RESERVE
BOARD
Date_ August 12, 1931
Mr. Goldenweiser
L
V
A
l
i
*
5
Subject:__ Change in discount rate
v .... „
/ ..V"w iiy u i Uiudi
ti
u
Information has been received from Danzig regarding a decrease
in the discount rate of the Bank of Danzig from 10 to 7 per cent
effective August 10, 1931.
effect since July 23, 1931«
_
The 10 per cent level has been in
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
Mr. McClelland
F ro m
_____ _
Mr. Goldenweiser
FEDERAL RESERVE
BOARD
Subject
uate_
Change in d is c o u n t r a te ______
34-4: » H
__________
Executive Folder
D
al0._JL
.I
/ Saiormation had "been received from Lisbon regarding a decrease
in the discount rate of the Bank of Portugal from 7 1 /2 to 7 per cent
effective August 10, 1931.
effect since June 2, 1930.
The 7 l / 2 per cent level has "been in
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
FEDERAL RESERVE
BOARD
Au^t n, 13
91
bad
o
r
C. U
Subject:
C h g- In i ls count rate_____
T an
^
2 ', f0
f -ZS3&
2
Information has been received from Berlin regarding a decrease in
the discount rate of the German Reichshank from
August
12,
1931.
The
15
1931,
/
15
to
10
per cent effective
per cent level has been in effect since August
1,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
.
FEDERAL RESERVE
BOARD
pj
»uOi
■Jate
August 6. 1931
in
Subject:_Change— discount rsdte
<
tj
r\<ufcu C - A
a i
.D-vo £.
Information has been received from Bombay regarding an
increase
in the discount rate of the Bank of India from 6 to 7 per cent, effective
August 6, 1931.
1931.
The 6 per cent level has been in effect since M 28,
ay
s
Keproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspoinueiice
To.
F ro m
Mr. McClelland r
FEDERAL RESERVE
BOARD
ijate
A
ugust 4, 1951
Subject:___Change in dJ-scoWt r :e
Mr, GoldenyglseP ^
P
H
jl if
Information has been received from Prague regarding an increase in
the discount rate of the Czechoslovak National Bank from 4 to 5 per cent
effective August 5, 1931.
The 4 per cent level has been in effect since
June 25, 1930.
1
\
2 -8 4 9 5
0
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
T o __
F rom
FEDERAL RESERVE
BOARD
Mr. McClelland
Subject:
■
Attg119* L
1931
Change in d iscount/rate
Mr. Goldenwe
U
v q
£?'
,
544.'
0 -H
o
Information has been recel
from Berlin regarding an increase in
the discount rate of the Reichsbank from 10 to 15 per cent, effective
August 1, 1931.
1931
The 10 per cent level has been in effect since July 16,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspondence
Mr. McClelland
FEDERAL RESERVE
BOARD
Subject;
xJate____ July 31, 1931
Change in discaunt/frate
I
Information has been received^from Stockholm regarding an increase
in the discount rate of the Bank of Sweden from 3 to 4 per cent, effect
ive July 31, 1931.
6 , 1931.
The 3 per cent level has been in effect since February
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
T o __
F rom
FEDERAL RESERVE
BOARD
.Ju te
.
SnKjert;
Mr. McClelland
July 31. 1951
Change in discount /ate
Mr. Goldenweisi
^ fW
I/O1
Information has been receiv
T ^ T I
,
u <Dȣ-.
P .d b ~
dttdon regarding an increase
in the discount rate of the Bank of England from 3 1/2 to 4 l/2 per
cent effective July 30, 1931.
effect since July 23, 1931.
The 3 l/2 per cent level has been in
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondent:
T o ___
Change in discount rate
Mr. McClelland
F rom
ijate___ July 30, 1931
Mr. Goldenwei
cA
Information has1
V
HI
* -■ -
/
• )«
received from the Free State of Danzig Regarding
an increase in the discount rate of the Bank of Danzig from 7 to 10 per
cent, effective July 28, 1931»
since July 17, 1931.
2—8495
The 7 per cent level has been in effect
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Information has "been received from London regarding $£ increase in
the discount rate of the Bank of England from 2 1/2 to 3 1/2 per cent,
effective July 23, 1931.
since M 14, 1931
ay
The 2 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
ffice Correspondence
FEDERAL RESERVE
BOARD
$ rmuM
Mr. McClelland
F*rom
Mr, G-oldsaw e i
.
/
Information has "been rebeived from Budapest regarding an increase Q
in the discount rate of the National Bank of Hungary from 7 to 9 per cent
effective July 24, 1931.
June 16, 1931.
The 7 per cent level has been in effect since
2 -8 4 9 5
Reproduced from the Unclassified / Declassified Holdings of the National Archives
the discount rate of the Austrian National Bank from 7 1/2 to 10 per cent,
effective July 23, 1931.
The 7 1/2 per cent level has been in effect since
June 16, 1931,
t
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m X o . 1 31
ffice Correspondence
FEDERAL RESERVE
BOARD
Mr. McClelland________________
Subject:.
Change i* discrunt rats
F rom
OiUW
K \J
2—8495
v —
3 .1,
D
ui9
nformation has "been received from Belgrade regarding an increase in the
discount rate of the National Bank of the Kingdom of Yugoslavia from 6 1/2
to 7 l/2 per cent effective July 20, 1931.
been in effect since June 29, 1931.
The 6 1/2 per cent level has
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
ivate
Subject!
Change in discount rat
hla.
ifopnation has been received from Danzig regarding an increase
in the discount rate of the Bank of Danzig from 6 to 7 per cent,
effective July 17, 1931.
since July 13, 1931.
m#r
The 6 per cent level has been in effect
Keproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspoi*^
Mr. McClelland
From
FEDERAL RESERVE
_ BOARD
fiiKLRM. *fe*$4H*
t July 15, 1931
e
Subject:.
Mr. Goldenwei
Information has
received from Berlin rew
J b r.
ncrease
in the discount rate of the Reichsbank from 7 to 10 per cent, effective
July 16, 1931.
1931
The 7 per cent level has been in effect since June 13,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
ice Correspondence
Mr. McClelland
F rom
FEDERAL RESERVE
BOARD
Subject:
nM*AL
^ate
July 13, 1931
Change i
5?
, ^
LLL-ae1
, __________
P .u J h
Information has been received from Danzig regarding an increase
in the discount rate of the Bank of Danzig from 5 to 6 per cent,
effective July 13, 1931.
since October 10, 1930.
The 5 per -cent level has been in effect
Reproduced from the Unclassified / Declassified Holdings of the National Archives
fAMMi f x * * ?
i*.-*
F o r m N o . 131
Office Correspondence
To _______
Mr. McClelland____________
Subject:
Mr. Parry
*
» «
Information has been received from Yugoslavia regarding an
ease in the discount rate of the National Bank of the Kingdom
of Yugoslavia from 5 1/2 to 6 1/3 per cent, effective June 29, 1931.
The 5 1/2 per cent level has been in effect since May 28, 1930.
mj
FEDERAL RESERVE
BOARD
2— 8486
reproduced rrom the Unclassified / Declassified Holdings of the National Archives
A
F o r m v N o . 131
:e Correspondence
To
G 0 V » Meyer__________
j
From_
FEDERAL RESERVE
x
FLF
*
Mr. Gardner’s office, Otis Building, phoned that they
had just received word that the National Bank of Yugo-Slavia
had increased its discount rate, effective June 29, 1931,
from dg to 6g per cent.
for CIRCULATION!................... - - - - $ r . Harniin..
Wr, James...
Mr,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspc ^ence
To
Mr. McClelland
FEDERAL RESERVE
BOARD
Subject ;
i_v .tc
a ___ June_I5t
_1931
Change in discount rata___
Mr. Goldenweii
Information has been received regarding an increase in the
discount rate of the Rational Bank of Hungary from 5 1/2 to 7 per cent,
effective June 16, 1931.
since May 30,1930.
The 5 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
Office Correspc .**ence
To
Mr. McClelland
________
FEDERAL RESERVE
BOARD
June 15f 1931
Suhjer.t: Change ia dig count rate_____
From .Mr. Ogldenwelsff
XJv
2 4
TU-?
Rjfc
Information has been received from Germany regarding an increase in the
discount rate of the German Beichsbank from 5 to 7 per cent, effective
June 13, 1931.
1930.
The 5 per cent level has been in effect since October 9,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Orhce Lorrespc ^ence
jQ
__
FEDERAL RESERVE
DU
0
A
K
Mr. McClelland
m*
jm is. 13
»
91
Subject__ Change In discount rate
from Vienna regarding an increase in
the discount rate of the Austrian National Bank from 6 to 7 1/2
per cent, effective June 16, 1931,
effect since June 6, 1931.
The 6 per cent level has been in
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
« w w w**e ntf
Office Correspc .^ence
T0
FEDERAL RESERVE
BOARD
I R f Jtme 9. 393l
Ji.
Ch< nge in dieconftt rate.
Mr. McClelland
1
Mpr (roldenweisar
,
.....
ni V
A
\Ly /
H
S > -«
iyo
f 2—8495
'
I
]L \
^
Information has been received from Vienna regarding an increase in
the discount rate of the Austrian National "Bank from 5 to 6 per cent,
effective June 6, 1931.
September 10, 1930.
The 5 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_
FEDERAL RESERVE
BOARD
Date Juno 9, 1951
Subject:
Gov, Meyer
F r o m _____ FLP__
Z h -'+.j h
Mr, Gardner* s office, Otis Building, phoned that they
had received notice that the Austrian National Bank had,
on June 6 , increased its discount rate from 5 to 6 per
cent.
The 5 per cent rate had been in effect since
September 10, 1930,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
I
Ax
y
1.^
F e d e r a l
R es er v e
o f f ic e o f T H E
Bo a r d
G O VER N O R
t
/
z-
Z-
C/
To __Mr. Meyer: i /
J <¥7
/
Dr* Burgess’ office phoned
this morning that the Bank of England
has reduced its rate to 2^ per cent*
The message did not indicate when the
new rate became effective.
FLF
, 1.
9
GOVERNMENT PRINTING OFFICE
J8861
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Cjorrespo.^uenc
Governor
From
Meyer
F.L.F.
\ ir
a— mss
=9
Dr. Goldenweiser*s office tells me that the National Bank of
Bulgaria reduced its discount rate from 9 per cent to 8 1/2 per cent,
^
. .
_
.
effective June 4, 1931*
For CIRCULATION!..............................
Mr, H a m l i n , . --------------- Mr, James----------- --------------------- - - - Mr, Magee
—
M r. Miller _
¥ -
/
-------------------------------
--------------- ------- -
Mr. Pole____ , ----------------------------------M r . ______________________________
Mr,
Mr,
Please nott
and return to GOVERNOR.
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
Date
' Subject;
June 6, 1931
Change In di a count rate
qr
o
c~
?
^
S J
'
o L.
c
o
Information has been received from Sofia regarding a decrease
in the discount rate of the National Bank of Bulgaria from 9 to
3 1 / 2 per cent, effective June 4, 1931.
been in effect since January 29, 1931.
The 9 per cent level has
2 45
—89
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
/* / * •
FEDERAL RESERVE
U m ce vorr espcL -^enc^
f
Mr. McClelland
b
BR
0D
A
c\r*$j ; i \ i .3 i D iuST
■ V
J
1
*
MM-
Suhjprt;
t A
Change in discount rate
j3 c
Information has been received from Bombay regarding a decrease
in the discount rate of the Imperial Bank of India from 7 per cent
to 6 per cent, effective May 28, 1931.
in effect since January 15, 1931.
The 7 per cent level has been
Reproduced from the Unclassified / Declassified Holdings of the National Archives
0.
T
F o r m N o . 131
\
Office Correspondence
To
Mr. McClelland
From Mr. Goldenweise,
FEDERAL RESERVE
BOARD
S u b je c t;
^31
Change in discount and loan rate^
j 7
--------- r - ^
j-v
— —
Information has "been received from Amsterdam regarding a decrease in
the discount and loan rate of De Nederlandsfche from 2 1/3 per cent to 2 per
cent, effective May 16, 1931.
since January 24, 1931.
The 2 1 / 2 per cent level has been in effect
rMf,'
iBe,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspondence
To.
Mr. McClelland
nmtrs* m -
FEDERAL RESERVE
BOARD
r
D a te
Subject:,
May 15. 1931
Change in disgf
ouj^t rate
1*7
Mr. Groldenw
^
i.jr f ^
r
^
.
2— 8495
( I
<2#jEc
c
K
m
/
^£— »
Iriformation lias "been received from London regarding a decrease in
the discount rate of the Bank of England from 3‘p to 2 l/2;l, effective
May 14, 1931.
The 3;» level has been in effect since May 1, 1930.
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r ml N i . 131
IE
Office Correspondence
o^
Mr. McClelland
FEDERAL RESERVE
BOARD
rw
i2 . 1931
Change A n di s c ouiit rate
Subject:
rom
5
7
q
-+•
)
i
S
f l
<~
*7
;-/
1
.y<■ ""V
Y
Information has been received from Santiago regarding an. increase in
the discount rate of the Banco Central de Chile from 8 to 9 per cent,
effective May 7, 1931.
May 5, 1931.
The 8 per cent level has been in effect since
Reproduced from the Unclassified / Declassified Holdings of the National Archives
r*
IM
F o r m N o . 131
FEDERAL RESERVE
BOARD
Office Correspondence
To.
Mr. McClelland
From
Dr. Goldenwetscr
SubjectChange in discount rate
101C
y
<
v
m
A
A 4
70
«
u
Lj . £/ f
W Z c
uT.
u a te .i
Information has been received from Santiago regarding an increase in
the discount rate of the Central Bank of Chile from 7 per -cent to 8 per
cent, effective May 5, 1931.
August 4, 1930
The 7 per cent level has been in effect since
289
-45
0
Reproduced from the Unclassified / Declassified Holdings of the National Archives
Advice has been received, dated May 5, that the discount
rate of the Bank of Chile has been increased from seven to eight per cent*
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspc «ience
T o __Mr. McClelland
FEDERAL RESERVE
BOARD
Subject:
i^ a te _ lp r l]
Change in discount rate._____
F rom M r , Goldenweiser
£x3CutWe-foW o
c -H
2
.C - - *
- 1— -
v
Information has been received from Rumania regarding a decrease in
the discount rate of the National Bank of Rumania from 9 to 8 per cent,
effective April 1, 1931.
November 26, 1929.
The 9 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
Governor Meyer
F ro m
FEDERAL RESERVE
BOARD
Date
Subject:.
April 1, 1931
______________ / _______
Dr• Goltienweiser
IX o
C
-
R
c
,r o
The National Bank of Roumania reports a change
in it s discount rate from nine to eight per cent, effective
April 1, 1931.
1
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 131
Office Correspc ^ence
T o _~~ Mr, McClelland________________
From
FEDERAL RESERVE
BOARD
-ae
lt
Subject:
March 14 r 1931.
rate,____
Mr. Goldenweiser
ay
a
£
&
(f
<-
* nu
—c»
K
C-'H
Information has "been received from South Africa regarding a decrease
in the discount rate of the South African Be serve Bank from 5 1/2 to 5 per
cent, effective March 13, 1931.
since September 29, 1930.
The 5 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
Correspv i^ence
Mr. McClelland
From
FEDERAL RESERVE
BOARD
bate February 13, 1931.
■ n j r t Change In dig count ra
SKe.r
Mr._ _Goldenweia
‘ H-, 9 ~ f 1
f
c,
—
^ <-£•*
Information has been received from Bulgaria regarding a decrease
the discount rate of the National Bank of Bulgaria from 10 to 9 per cent,
effective January 29, 1931.
July 2, 1929.
The 10 per cent level has been in effect since
Reproduced from the Unclassified / Declassified Holdings of the National Archives
-TU•■'*
•'- ««■"
v-- **
t m p jv .
e r .w r a M m * t u
FEDERAL RESERVE
BOARD
Subject:.
2 4
4-,
I U *< L -
Hotice hag just been received that the national
Bank of Bulgaria reduced its discount rate from 10# to
9#K effective January 23, 1931.
d
R
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 181.
pvndence
FEDERAL RESERVE
BOARD
£>a{
e_February 5, 1551,
From_____ Mr «
Dr. Goldenweiser1s office telephoned me that the
discount rate of the Bank of Sweden has "been reduced
from
to 3%, effective Friday, February 6th*
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspi ivience
TotWMr.
From
FEDERAL RESERVE
BOARD
Date
February 5. 1931,
Subject:__ Change in. d is c o u n t rste.
McClelland
^ • So 1 clbuwgi
.
J .H '-t' 2 - U
Information has been deceived from Sweden regarding a decrease in
the discount rate of the Bank of Sweden from 3 1/2 to 3 per cent, effective
February 6, 1931.
1930.
The 3 1 / 2 per cent level has been in effect since April 3,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Correspv idence
FEDERAL RESERVE
BOARD
Date January 27, 1931.
Information has been received from Netherlands regarding a
decrease in the discount rate of the Netherlands Bank from 3 to 2 1/2 per
cent, effective January 24, 1931,
since March 25, 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 C orresp ,w em r
Subject:
To__Hr. McClelland
From Mr• Goldenwe1ser
FEDERAL RESERVE
BOARD
Date January 2 3 , 1931»
Change In dig connt rate,____
Date
a, v
Information has been received from Switzerland regarding a decrease
in the discount rate of the Swiss National Bank from £ 1/2 to 2 per cent,
effective January 22, 1931.
July 11, 1930.
The 2 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 . 1 31
ice Correspondence
Mr* McClelland
FEDERAL RESERVE
BOARD
1 Date January 16, 1931,
Subject:
Cham
rate.
*i S
\
From Mr. Qoldenwelfl,
I
r f
'J\jJ U L
3—8486
\ i ' Information hae been received from India regarding an increase in the
\
discount rate of the Imperial Bank of India from 6 to 7 per cent, effective
January 15, 1931.
1930
The 6 per cent rate has been in effect since November 20,
Reproduced from the Unclassified / Declassified Holdings of the National Archives
F o r m N o . 1 31
Office Corresp >^ence
FEDERAL RESERVE
BOARD
To _____ Mr. McClelland
3. 1931
Subject:
From
Uate
Change in B
The Bank of France lowered its discount rate from 2 l/2 to 2 per
cent effective on January
3,
1931 *
The 2 l/2 per cent rate has been in effect since May 2, I93O.
L rate
t
@FedFRASER