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FEDERAL RESERVE BANK OF CHICAGO
79 WEST

MONROE STREET

November 2'1th 1 1917.
:S1:tllettn Ho. 1'1.

DISCOUNT RATES.

TO THI WMBE~ BANKS OF DIST!lICT NUMBER SEVEN':
This bank has today established the following discount rates
effective as of November 28th, 1917.
lllilMBER BANKS'

PROMISSORY NOTES

sii for maturities& within l!:5 days (when secur-ed by U. S.•

Government Bonds or Certificates of Indebtedness)

4

t

for maturities: within 15 days (when secured by
elicible pe.per)
RIDISCOUMTS

SEOORli:D BY LIBERTY LOAN BONDS OR


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

4i for

u.

S. TR~ASURY CERTIFICATIS

maturities: within 90 days

OTHER REOISCO{JN1S

i
4¼t
5i
4

for maturities: within 15

da7a

for maturities, from 16 to 60 da7s
tor maturities, from 61 to 90 days

6tt for maturities, from 91 days to 6 months.

'l'RADI ACCIPTANOIS

sii
4

t

for maturitiesa within 15 days.
for maturities& from 16 to 90 days
Reapectful17,
.JAUJIS B. UaDOUGAL

Governor.

APPLICATION FOR DISCOUNT, FOR 15 DAYS OR LE SS,
OF BILLS OF LONGER MATURITY
INSTRU CTIONS

(READ CAREFULLY)

!.-Commercial and Industrial Notes must mature within ninety days from the date offered. Agricultural and
Live Stock paper must mature within six months from the date offered. All paper submitted must have a
definite maturity; therefore demand notes are not eligible.
2.-Opposite each name under character indicate whether note represents loan to depositor, is purchased paper,
or paper rediscounted for another bank. Abbreviate Depositor (D), Purchased Paper (P), Paper Rediscounted (R).
3.-If the amount of the obligations of a borrower offered for rediscount is equal to or in excess of ten per cent of
your paid-in capital, and in any event if the amount is in excess of $5,000, financial statements should be available.
4.-Notes, drafts or bills of exchange offered for rediscount should be endorsed by member bank in the following
form:
FIRST NATIONAL BANK OF BLANKVILLE, ILLINOIS.

.

Proper execution of th/1 form i• the only requirement
nece••ary in offering paper except we re.erve the
privilege of as~ing for additional information or for
copie• of financial ,tatement• where they are on file .

To the FEDERAL RESERVE BANK
of Chicago

By······•·······•·---·································-··---=---~-=---=-:--•
•

-•········· · · · · · · · · · · · · · · · - - - - - • · · · · · · · · · · · · · · · · · · · · · · · - · - · - · - · · - · - · · • · • · · -

:

President
or
Ca.shier.

. ._ 1 9 1 . . · - · · · · -

The___________
Bank of... •·············--- ··············-···············-·······-•·-------hereby makes application for the discount, for ···-·- - - - - - ____days, of notes, drafts, bills of exchange and
United States Government bonds or Certificates of Indebtedness aggregating$ _________ , listed below.
You are hereby authorized to charge each and every item thereof to our account at the expiration of_ _ __
days. We reserve the right from t ime to time to substitute for any of said items other items satisfactory
to you.
MAKER

.ADDRESS

-

BUSINESS

Estimated
Net Worth

Maturity

Character Have you
See Instruc- Statement
tion 2
on File?

I

n
1~

~

~

I

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~

.
......

•••_1 -

""

~

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.,

..

Total, $_ _ _ _ __
I certify that, to the best of my knowledge and belief, the notes, drafts or bills of exchange listed in the foregoing schedule, were made for commercial, industrial, agricultural or live stock purposes and are eligible for rediscount with the Federal Reserve Bank.
The liability of this bank at the present time for borrowed money, exclusive of the above offering, is as follows:
Rediscounts,

$ ...._. _ _ _ _B,..,ills Payable,

B. D.for
24 FRASER
5M 12-8-17 No. 2916
Digitized
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

$... :.....·-··················Certificates of Deposit issued for money borrowed, $ .·-·--················-·-

·······················•···········•·················•············•··•••··----····•··•······ .....-.....................
_Cashier.
I
II

Amou1.