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Bulletin No. 139
Superseding Bulletin No. 137

FEDERAL RESERVE BANK OF CHICAGO
79 WEST MONROE STREET

August 27, 1919.
DISCOUNT RATES

TO THE MEMBER BANKS OF DISTRICT NUMBER SEVEN:
Discount rates effective as of August 29th are as follows:
MEMBER BANKS' PROMISSORY NOTES
4% for maturities within 15 days (when secured by U. S. Certificates of Indebtedness).
4¼% for maturities within 15 days (when secured by U.S. Government Bonds
or Victory Loan Notes).
4¼% for maturities within 15 days (when secured by eligible paper).
5¼% for maturities within 15 days (when secured by War Finance Corporation Bonds).
REDISCOUNTS
SECURED BY U.S. TREASURY CERTIFICATES.

4% for maturities within 15 days.
SECURED BY LIBERTY LOAN BONDS, VICTORY LOAN NOTES,
•
OR U. S. TREASURY CERTIFICATES.

4¼% for maturities within 90 days.
SECURED BY WAR FINANCE CORPORATION BONDS.

5¼% for maturities within 15 days.
5¾% for maturities from 16 to 90 days.
OTHER REDISCOUNTS

4¼% for maturities within 15 days.
4¾% for maturities from 16 to 90 days.
5½% for maturities from 91 days to 6 months.
TRADE ACCEPTANCES

4¼% for maturities within 15 days.
4½% for maturities from 16 to 90 days.


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

Respectfully,
JAMES

B. McDouaAL,
Governor