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FEDERAL RESERVE BANK OF CHICAGO
79

WEST

MONROE

STREET

DIRECTORS

OFFICERS
C.H. BOSWORTH
.JAMES B. Ml.: DOUGAL GOVERNOR
C.R. M<; KAY

DEPUTY GOVERNOR

W. F. Mo;:LALLEN

SECRETARY

B.G. Mt;CLOUD CASHIER

W. F. MC:'LALLEN

CHAIRMAN ANO F"EOERAL RESERVE AGENT

OEPUTY FEDERAL RESERVE AGENT

J.B. FORGAN, CHICAGO, 1LLINOIS

E.T. M EREDITH,OES MOINES,IOWA

M. B. HUTCH ISON.

G. M. A EYN O LOS,CHICAGO,ILLI N0IS

OTTUMWA,IOWA

E. L. JOHNSON.WATERLOO, IOWA
H. 8. JOY,

A . H. VOGEL,MILWAUKEE,WISCONSIN

DETROIT, MICHIGAN

Bulletin No. 36
October 11,1915,

TO THE CASHIER:
Dear Sir:You are respectfully advised_ that the next installment of reseTves ~ill be payable to the Federal Reserve
Bank of Chicago on or before November 16th, 1915.
Banks located elsewhere than in Central Reserve
and Reserve Cities are requireu to pay at the specified time
one-twelfth of twelve pcrcentum of their demand deposits
plus one-twelfth of fiv0 percontum of their time deposits.
Ba:nlcs located in Reserve Ci ties are requir~d to
pay at the specified time one-fifteenth of fifteen pcrcentum
of their demand doJosits plus one- fifteenth of five percentum of their tir,1e do:posits.
You are requestecl to pay at le.1st one-half of
this installment in laHful money; tho remainder may be paid
either in lawful money or by ┬Ět he rediscounting ('If appr0ved
eligible paper.
Member banks are requested to prepay express
charges on all currency shipments.


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Federal Reserve Bank of St. Louis

Very respectfully,
JAMES B ,

McDOUGAL
Governor.