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special meeting of the 2edera1 Reserve Board held in the office of the 'Board on Friday, January 9, 1920, at 4 2:1l;SENT: The Mr. Yr. Mr. Mr. Vice-Governor Miller Hamlin Moehlenpah Chapman, Secretary. Business was presented and disposed of as follows: Telegram dated January 9th from the Chairman, Federal Reserve sank of Cleveland, requesting approval of the following discount rates, effective January 12th: Member bank collateral notes secured by Liberty bonds or Victory notes or by customers notes secured in like manner, or member bank notes secured by Commercial paper Member bank collateral notes secured by U.S. Treasury certificates of indebtedness of any issue or by customers' notes secured in like manner r- 4-3/47) Rediscounts secured by Liberty bonds or victory notes, maturities one to 90 days Secured by certificates of indebtedness, any issue, maturities one to 90 days 4-3/47; Rediscounts, commercial paper, trade acceptances, or bankers' acceptances, one to 90 days Rediscounts,. agricultural or live stock paper, - one to VJ days ninety one days to six months. Open market rates within general limits from Approved. 55 5-1/27 4 tc • ,ct 4-05 , the meet in: Secretor, Approved: r r,
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