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F E D E R A L RESERVE BANK
O F N E W YORK

~

[Circular

Uepartment

[superseding Circular No. 369, dated May 4, 1921.J

N o . 381, June 15, 192ll

Rates of Discount
To all Member Banks in the Second Federal Reserve

District:

You are advised that, effective from the opening of business on Thursday, June
16, 1921, until further notice and superseding all existing rates, this bank has established a rate of 6 per cent, for all rediscounts and advances.




Very truly yours,
B E N J . STRONG

Governor


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102