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FEDERAL RESERVE BANK OF CHICAGO
79 WEST

MONROE STREET

May 24, 1917.
Bulletin No. 69.

DI S C OONT R AT E S
TO THE MEMBER BANKS OF DISTRICT NUMBER SEVEN:
This bank has t oday established a rate of 3½ per cent for
Notes, Dra f t s and Bill s of Exchange having maturities not exceeding
90 days endorsed by member banks and secured by Liberty Loan Bonds -Jr United States Treasury Certificates of Indebtedness.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Current rates in force are as follows:
MEMBER BANKS' PROMISSORY NOTES
3

%for

maturities: within 15 days (when secured by U. s.
Government Bonds or Certificates of Indebtedness)

3½% for maturities: within 15 days (when secured by eligible paper)
REDISCOUNTS
SECURED BY LIBERTY LOAN BONDS OR U. S, TREASURY CE~TIFICATES
3½1o for maturities, within 90 days
OTHER REDISCOUNTS
3½"1o for maturities: within 15 days
"lo

for maturities: from 16 to 60 days

4½fo

for maturities: from 61 to 90 days

4

5 1o for maturities: from 91 days to 6 mnnths.
TRADE ACCEPTANCES
3½1o for maturities: within 90 days.
Respectfully,
JAMES B. McDOUGAL

Governor.