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FEDERAL RESERVE BANK OF CHICAGO
79

WEST

MONROE

STREET

OFFICERS

DIRECTORS
C . H . BOSWORTH

.JAMES B.M1:DOUGAL GOVERNOR
C.R . Mc;;KAY

DEPUTY GOVERNOR

W . F. M ':= LALLEN

SECRETARY

B . G. M1:CLOUO CASHIER


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

W . F'". M~LALLEN

CHAIRMAN ANO FE'OERAL RESERVE AGENT

DEPUTY FEDERAL RESERVE AGENT

J . B . FORGAN , CHICAGO, ILLIN0IS

E. . T . MEREOITH , DES MOINES , IOWA

M . B. HUTCH ISON , OTTUMWA,IOWA

G . M . REYNO L0S,CH1CAG0, ILLL N0 JS

E . L . JOHNSON, WATERLOO, IOWA

A . H . VOGEL , MILWAUKEE , WISCONSIN

H . B . .JOY,

DETROtT, MICHIGAN

Dullotin No. 40
December 11, 1915 .

,lUTES

FO:a

~::JISCOUN'.1.1

TO THE 1!EMDER BA~JKS OF DIS'.l:P.ICT NUNiBER SEVEN:

·.rne Feu.era.1 Reserve Bank of Chicago has established
this date a ~ discount rc..t e on paper maturing within ten
days.

The c·c1rrent rates ar3 as folloY, s : -

;,-t-% for matur.i. ties: Within

1%

fo:r m,q,turitios:

10 days

F,:om 11

to 60 days

t.:-Mb fo:::· maturities:

From 61 to 90 days

5%

From 91 days to 6 months

for matu:rities:

Very respectfully,
J &IBS B. McDOUGAL

Governor