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FEDERAL RESERVE BANK OF CHICAGO 79 WEST MONROE STREET DIRECTORS OFFICERS W . F'. Mc;LALLEN C . H . BOSWORTH .JAMES B . Ml,;OOUGAL GOVERNOR C.R. Mc;;KAY DEPUTY GOVERNOR W . F" . M~LALLEN SECRETARY B . G . M C: CLOUO CASHIER DEPUT Y FEDERA L R E SER V E AGCNT CH'ilRM~N ANO F'EDERM. RE S ERVE AGENT .J.B . FORGAN , CH IC A GO , I LL I N O IS E . T . M EREOITH , OES MOIN ES , IOWA M . B. HUTCH ISON , O TTUM W A,IOW A G . M . REYNO LOS , Ct-HCAGO, ILLI NO I S E . L . JOHNSON , WAT E RLOO, 10W A A . H . VOGEL , MILWA1J K EE ,WISCONSI N H . B . .JOY , DETROIT , MICHIGAN Bulletin No. 42. March 31, 1916. TO THE MEMBER BANKS OF DISTRICT NUMBER SEVEN: You will please find enclosed herewith copies of revised and simplified forms, Applications for Rediscount. Please destroy such of the old forms as may be in your possession, In preparing applications for rediscount the only necessary formality is the proper execution of the new form application, although, as indicated thereon, we reserve the privilege of asking for additional inf orma tion or for copies of financial statements, should the same seem desirabl e. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The current rates for rediscounting are as follo ws& 3½t 41o for for 4½1. for 5 1. for maturities: Within 10 days maturities: From 11 to 60 days maturities, From 61 to 90 days maturitie s s From 91 days to 6 months Respectfully, JAMES B. McDOUGAL Governor.
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