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Bulletin No. 31.

FEDERAL RESERVE BANK OF CHICAGO
79 WEST MONROE STREET

Chicago, June 10, 1915.

TO THE MEMBER BANKS OF
DISTRICT NUMBER SEVEN:
The previous collection arrangements provided m Bulletins
Nos. 17 and 20 are hereby cancelled.
Effective June 15, 1915, the Federal Reserve Bank of Chicago
will receive from its member banks whether or not they have joined the
collection system checks and drafts on the following members and affiliated banks of the Chicago Clearing House Association for immediate credit
at par:
2- 1
2- 3
2- 4
2- 5
2- 7
2- 8
2- 9
2-12
2-13
2-15
2-16
2-17

First National Bank
Cont'l and Com'l National Bank.
Merchants Loan and Trust Co.
Corn Exchange National Bank.
Hibernian Banking Association.
Bank of Montreal.
Union Trust Company.
Fort Dearborn National Bank.
National Bank of the Republic.
Northern Trust Company.
Illinois Trust & Savings Bank.
Cont'l & Com'l Trust & Sav. Bank.

2- 18
2- 20
2- 22
2- 23
2- 24
2- 26
2- 27
2- 28
2- 29
2- 30
2- 59
2-103
2-147

State Bank of Chicago.
Assistant Treasurer U.S.
National City Bank of Chicago.
Central Trust Co. of Illinois.
First Trust and Savings Bank.
Standard Trust & Savings Bank.
Foreman Bros. Banking Company.
Harris Trust & Savings Bank.
People's Trust & Savings Bank.
Federal Reserve Bank of Chicago.
National Produce Bank.
Drovers National Bank.
Live Stock Exchange National Bank

Checks and drafts on Federal Reserve Banks in Boston, New York,
Philadelphia and St. Louis, not exceeding $10,000 in any one day, will he
received for immediate credit at par. Where the aggregate of such items
exceeds $10,000, the Federal Reserve Bank of Chicago reserves the right, at its
option, to receive the same at the market rate for exchange.


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Checks and drafts drawn on the seven other Federal Reserve Banks
will be received "for collection" at par and will be credited to the account of
the member bank dep~iting them, subject to fin.al payment, in accordance
with the following time schedule:Federal Reserve Bank of Cleveland ........... . ....... . . ........... . 1 day after receipt
Federal Reserve Bank of Minneapolis ........... .... .. ... ....... . .. . 1 day after receipt
Federal Reserve Bank of Kansas City . . ... ..... ......... .... ..... . . 1 day after receipt
Federal Reserve Bank of Richmond ..... . .... . . . ....... . . ....... .. . 2 days after receipt
Federal Reserve Bank of Atlanta ..... .. ..... ... .. ... .. .. ...... ... .. 2 days after receipt
Federal Reserve Bank of Dallas .. .... ..... . .. . . ........ ..... .. .. ... 2 days after receipt
Federal Reserve Bank of San Francisco . ...... ......... . .... . ... .. . . 4 days after receipt

The above mentioned facilities are at the disposal of all member
banks of District No. 7.

INTRA-DISTRICT COLLECTION SYSTEM

The following additional facilities are offered only to banks
which have joined the collection system.
Effective June 14, 1915, the banks that have joined the
collection system may send the Federal Reserve Bank of ChicagoFor immediate credit at par checks and drafts on
the banks whose names appear on th.e attached list, and
(a)

For immediate credit at par checks and drafts on
members of the Federal Reserve System in Boston, New
York, Philadelphia and St. Louis, not exceeding $10,000
in any one day. When the aggregate of ·such items
exceeds $10,000, the Federal Reserve Bank of Chieago
reserves the right, at its option, to receive the same at
the market rate for exchange.
(b)

Notification of changes, if any, m the list of members of the
Qollection system will be sent out on the first and fifteenth days of each
month.


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Very respectfully,
JAMES B . M c D OUGAL

Governor.

L~ST O F BANKS
WHICH

HAVE JOINED THE COLLECTION SYSTEM OF THE
FEDERAL RESERVE BANK OF CHICAGO
JUNE 10, 1915

Alpena, Mich .. .. . .. . .... ... .... . .... Alpena National Bank .. . .. ... .. . .. . . . . . . 74-122
Anderson, Ind . . .. .. . .... .. . . . ... .. .. National Exchange Bank .. . . ... . . . . .. ... 71-72
Armstrong, Iowa . . ...... ..... . ... .... First National Bank .. .. . ... . . . . . ..... . .. 72-905
Auror
Ind .. ... .... . . .. ... lJ,. .•...f 1' ., .. ]first
National Bank . . .. .. . .. . . .... . .... . 71-374
I
~Jf
,
Bloomington, Ill . . .. . . . .. ... ... .... . . State National Bank . .... . . . . . . . ....... . 70-105
Boswell, Ind .. . . ..... . . .. . .... . . . . . . . First National Bank . .. . . ~ .. . .. . . .... ... . 71-620
Brazil, Ind ... .. .. . ... . ... . . ... .. .. . . Riddall National Bank .... . .. . .. . . . .. . .. . 71-222
Brookville, Ind. . . . ..... . .. •. . . . .. . ... National Brookville Bank . .. . . ...... . .. .. 71-463
Burlington, Iowa .. .. ..... .. ... .. ..... Merchants National Bank . . . .. ... . ... . .. . 72--54
Chicago, Ill . . .. .. ... .. .. .. . . ... . .. .. Calumet National Bank. . . . . . . . . . . . . . . . . . 2--105
Chicago, Ill . .. .... ..... .. .... . .. . .... Central Trust Company of Illinois ........ 2-23
Chicago, Ill . .... ... .. .. .... .. . .. . .... Continental & Commarcial National Bank.. 2--3
Chicago, Ill ... .. .. . . . ... . . .. ..... .... Corn Exchange National Bank. . . . . . . . . . . 2-5
Chicago, Ill . ... .. . . .. ... . . . .. . .. . .. . . Drovers National Bank. . . . . . . . . . . . . . . . . . 2-103
'Chicago, Ill . .. . . .. .... . . . .... ... . .. . . First National Bank .. . ..... ....... . .. .. . 2-1
Chicago, Ill . .. .... . . . . . .. . .. . .. . .. . .. First N ati.onal Bank of Englewood . . . . . . . . 2-109
Chicago, Ill .. . , . ... . . .. .... . . .. . .. . . . Fort Dearborn National Bank. . . . . . . . . . . . 2--12
Chicago, Ill . .. . . . . ...... . . . .. . . .. .... Live Stock Exchange National Bank . . . . .. 2-147
Chicago, Ill . . ... . . . .. . .. . . . . . . . . .... . National Bank of the Republic. . . . . . . . . . . 2-13
Chicago, Ill . .. ... . . .... .... . . . . ..... . National City Bank. . . . . . . . . . . . . . . . . . . . . 2-22
Chicago, Ill .. . . . . . . . . .. . . ..... ..... .. National Produce Bank .. ...... . .... . .. . . 2--59
Chicago, Ill ... . .. .. .. . .... ....... . . . . Ravenswood National Bank . . . ... .. .. . .. . 2--206
Chicago, Ill ... . .. .. . . . . . .. . . . ... . . .. . Washington Park National Bank . ..... . . .. 2--144
Clarion, Iowa .. .. . .. . .. . .. . . ... ... . .. First Nat ional Bank .. . ........ .. . . ... . .. 72- 377
Clifton, Ill ....... . ... ..... . ..... . . ... First National Bank . . . ....... .. ... .. .. . . 70-1013
Clinton, Iowa .. . ... .. . . .. . .. . . . . ..... Merchants National Bank ............... . 72--47
Columbia City, Ind . .... . . ... .... ..... First National Bank .. .. . . .. .. . . .. . ... . .. 71-405
Connersville, Ind ... . .. .. . .. ....... ... First National Bank ...... . .... .. .... . . . . 71-268
Corning, Iowa . .. . . . ... . .. . . . . .. . .... Farmers National Bank . .. . .. .. . .. .. . . ... 72--445
Covington, Ind ..... . .... ... . . . . .. ... . First National Bank . ....... . ......... .. . 71-485
De Land, Ill . . ...... .. . .. . . . .. . . . . ... First National Bank . .. . ... .. . .. ..... . . .. 70-1059
Detroit, Mich . . . ... .. . . .. . . ... . .. . . .. First and Old Detroit National Bank . . . . .. 9-1
Detroit, Mich .. ... . . .... . .. . .. . . . . ... Merchants National Bank ...... . . . . ... . .. 9-27
Detroit, Mich ..... .. ... . . . ... . . . .. . . . National Bank of Commerce ... . . ..... . .. . 9-24
Divernon, Ill .. ... . .... ... . .. . . . . . . . . . First National Bank . .. . ....... ... . . .. .. . 70-1258
Estherville, Iowa ... . . . ... . . . ... .. . ... First National Bank ..... . . .. . ... .. . . ... . 72--261
Findlay, Ill .... .. . . ....... .. . . . . .. . . . First National Bank . ...... .. . . . . . .. . . . . . 70-1297
Ft. Wayne, Ind . . . . .. .. ... .. . ..... ... German-American National Bank ... . . .... 71-27
Galena, Ill ............ . .... .. . .. ..... Galena National Bank . ....... . .. . . . . . . .. 70-420
Gaha, Iowa . . . . . . .. . . ... . .... .. . . . . . First National Bank ... .... ..... .. . . ..... 72--1081
Gowrie, Iowa ............. . . . . . . .. .. . First National Bank . . . . ... . .... . . .. .... . 72- 722
Grand Rapids, Mich . ... . ..... . . . ... . . Grand Rapids National City Bank . . .. . ... 74-2
Greenwood, Ind .. . . .. .. . .. . .. .. . .. ... First National Bank ..... . ....... .. . . .. .. 71-520
Hammond, Ind .... . ...... . . . . . . . . . . . Citizens German National Bank .. . . .. .... 71-85
Hammond, Ind ... ... . .... .. . .... .... First National Bank .......... .. . .... .. . . 71-83
Harvey, Ill .. . ..... . .. .. . . . .. .. . .. . .. First National Bank ... . . . ........ ... . . .. 70-309
Independence, Iowa ..... . . . .... . ... . . First National Bank . .. . .. . . . . ... . ....... 72--257
Joliet, Ill . . .. . .. . . . . ..... .... . . .. . .. . First National Bank . .. . . . .. ... . . . ... . . .. 70-59
Joliet, Ill . .. . . .......... . ... .. ...... . Joliet National Bank . . . . . .. . . . . . . . . .... . 70-61


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Federal Reserve Bank of St. Louis

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Kalamazoo, Mich .... ... ....... .. . ... Kalamazoo National Bank . . ... . ...... . . . 74-45
Kansas, Ill .............. ... .. . . ..... Farmers National Bank ....... . .......... 70-885
Kenosha, Wis . . ... . .. . .......... . . .. . First National Bank ... . ......... .. ...... 79-6t3
Kirklin, Ind .. . .. . . ..... . . ... . . .. . . . . First National Bank ... . ..... . . .. . ... . ... 71- 794
Kokomo, Ind . .. ............ .... .. . . . Citizens National Bank ... . . . .... .. ... ... 71-139
Lafayette, Ind . ... ...... . .. . ..... .. .. Ivfercbants National Bank . . .. .. .. . ..... .. 71-99
Laporte, Ind .. . ... . .. . .. .. .. . . . . . .. . . First National Bank .. . ... .. .. ... .. . .. . .. 71-179
Lawrenceburg, Ind .. . ............ . . .. Dearborn National Bank ...... . ... . .. . ... 71-394
Lewistown, Ill ............ . . . . . . . . .. . Lewistown National Bank ........... . .. . . 70-602
Logansport, Ind . ... . .. . ..... . . . ... .. . First National Bank ... . ....... .. ... .. ... 71-125
Madison, Wis .. . ............. . . .. . .. . Bank of Wisconsin . . ..... .. .. . . .... . .. . . 79- 50
Mapleton, Iowa .... . . . . ...... ........ First National Bank ... .. .. . . . .. . . . ... . .. 72-1833
Martins'ville, Ind . .. . ... .. . . .. .. ... ... Citizens National Bank . . . . .. . ... , .. . .. .. 71-362
Mattoon, Ill .... . . . .. . . . .... . ..... ... National Bank of Mattoon . . . . .... .. ..... 70-207
Milford, Ill .... . .. . ......... . .. ...... First National Bank ...... . ......... ... .. 70-768
Milwaukee, Wis ............ .. .... . .. . First National Bank . . .... .. . ... . . . . . .... 12-2
Milwaukee, Wis ....... . . . ... . . ... . .. . National Exchange Bank .. ... .. .. ... . . . . 12-4
Milwaukee, Wis ... ... . ....... ...... . . Wisconsin National Bank . . . . . ....... ... . 12-7
Monroe, Wis .. .. .......... . ... .... . .. First National Bank . . ..... .. . .. . . . ..... . 79-206
Morenci, Mich .. . .. ... . . . . ... .. .. .. . . First National Bank .. .. ... . . .. .. ....... 74-396
Moweaqua, Ill ......... . . .. . . . .. . .. .. First National Bank . .. . ...... . ... .. ..... 70-720
Neoga, Ill ... .. ..... . .. . . . .. . . .... . .. Neoga National Bank .. . . .. ........... . . 70-847
Newman, Ill .. . ........ . ...... . . . . .. . Newman National Bank .. .... . ....... ... 70- 1491
N1ewton, Iowa . . ........... ... . . . ... . First National Bank .. . ...... . ... . .... .. . 72-209
Oconomowoc, Wis ............ . . . .... . First National Bank ... . . ... ... . .... . . . .. 79-243
Peoria, Ill . . . . .... . . .. .. . . . . . . .... .. . Central National Bank .. . ... . ........... 70-9
Peoria, Ill .. ..... . . . .... .... .... . . .. . Commercial German National Bank . . . .... 70-4
Peoria, Ill .. ................. . . ... . .. First National Bank . . ... .... . ...... . . . .. 70-1
Peru, Ind .. . ...... . . . ........ .. . . . .. First National Bank ...... . ... . .. . . . . . ... 71-172
Peterson, Iowa . . ....... . ........ . .. . . First National Bank ..... . ... . ...... . . . .. 72-988
Port Huron, Mich . . . . ......... ...... . First National Exchange Bank . .. . .. ... . . . 74-91
Reed City, Mich . . ..... .... . . ... .. ... First National Bank .. . . ....... . ... ... .. . 74-369
Renwick, Iowa .... . .... .- .. . .. .. .. . ... First National Bank . .. ... . . . .. ..... .. . . . 72-1071
Rio, Wis . . . .. . .. . . .......... . . . . .. .. First National Bank . ... . . . . ..... . ... . ... 79-394
Rockford, Ill ..... .. .................. Forest City National Bank ........ '. . .. . .. 70-44
Rockford, Ill .................. ... . . .. Third National Bank . .... ....... . . .. .. . . 70-40
Rockford, Ill .... . ... . . . . ... . . .. . .. ... Winnebago National Bank . . . .. .. . ....... 70- 39
Rushville, Ind .. . . . . ............ .. . . . Rush County National Bank . .. . . ...... . . 71-357
Rushville, Ind . . ... . .. . . . . . . . . . . ... . .. Rushville National Bank . .... . . . .... .. .. . 71- 356
Saginaw, Mich ............ . . .. .. .... . Second National Bank ... . . . . . . . ..... . ... 74-22
Shelbyville, Ind . .. .. .. . .... . . ... .. .. . Farmers National Bank . .. ... . . .. .. ... .. . . 71-203
Sioux City, Iowa ... . .............. . .. Continental National Bank .. . ... . . .... . .. 41-62
Sioux City, Iowa . ... . ... .. ........ .. . First National Bank .. . ..... . ........ . .. .41-5
Sioux City, Iowa .. . .. . . . . ..... . . . .. .. Northwestem National Bank .. . . .... .. .. .41-3
Steward, Ill . ...... . ... . ......... . .. . . First National Bank ......... . . . . ... . . . . . 70-1603
Sycamore, Ill .. . . ...... . .......... .. . Sycamore National Bank .............. . . 70-452
Tipton, Ind ........... . ...... . .. . .... Citizens National Bank .......... . . •.. . .. . 71-387
Valparaiso, Ind ... . .. . .. . ... . ... .. ... Valparaiso National Bank . ... . .. . ...... . . 71- 276
Vassar, Mich .. . ...... .. ... . ..... . ... Vassar National Bank ... . ..... . ..... . . . . 74-375
Villisca, Iowa .... . . ..... . ...... . .. .. . First National Bank ........ . .. . ......... 72-387
Warren, Ill . ... . . . . .. .. . ... . ... . .... . National Farmers Bank . . . . ... . ... .. . ... . 70-763
Waterloo, Iowa ...... . ........ . .... . . First National Bank . .. . ..... ........ .... 72-31
Watertown, Wis . ...... . .. . . . . .- ....... Wisconsin National Bank . . .. ... . . . . ·. .... 79-127
Waverly, Iowa ........ . .. . . ... .... . .. First National Bank ..................... 72-276
Webster City, Iowa ... . ...... . .. .. . . . . First National Bank ...... . ....... . ...... 72-166
Whitewater, Wis . ... ........ . ... . .... First National Bank . .. . . ... .. ... . . . . . ... 79-232


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