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.. 'IVILLIAII Iii, llcADOO W, P, G, HARDING, 80YIRNOI PAUL II. WARIUH, YICI fiiOYIUOI FRIDIRIC A. DILAllO 6 SICII'IAIY OP THI TIIAIUIT CIIAIIIIAN ADOLPH C. II ILLER CHARLEI S. HAIIUN JOHN SKILTON WILLIAIIS . COIIPfROLLIIl OP 1'HI FEDERAL RESERVE BOARD H. PARKER WILLIS, IICOITAIY IHERIIAN P. ALLEN, .UIT. IICltiTAIY AND AUNT WASHINGTON ADDRK88 Jlt•PLY TO PIIDIIRAI. RUIIRVII aCUiftD DIVISION OF REPORTS AND STATISTICS X625 Jan'U51.ry 2, l9lS. Dear Sir: Enclosed herewith find 9 sh13ets showine; Llova- r;;.ent of discount rcl.tes durinb th-3 ciJ.lend.:.\.r y.:J..;.r 1917 in all Be- serve districts. Kindly &va the 4nd d.:&.tes of chant:;a to district checked your ra- turn or corrected sneets to our Division for insertion in the a.mlua.l reJ?ort of the Federal Ras<3rve Board. An aarly caal:>liMOO with this requust will be appreQi- ate d. Respectfully• Secretary. Mr. Federal Reserve .Ae;ent Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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'IVILLIAII Iii, llcADOO

W, P, G, HARDING, 80YIRNOI PAUL II. WARIUH, YICI fiiOYIUOI FRIDIRIC A. DILAllO

6

SICII'IAIY OP THI TIIAIUIT CIIAIIIIAN

ADOLPH C. II ILLER CHARLEI S. HAIIUN

JOHN SKILTON WILLIAIIS . COIIPfROLLIIl OP 1'HI CUillllll~Y FEDERAL RESERVE BOARD H. PARKER WILLIS, IICOITAIY

IHERIIAN P. ALLEN, .UIT. IICltiTAIY AND FIICA~ AUNT

WASHINGTON ADDRK88 Jlt•PLY TO

PIIDIIRAI. RUIIRVII aCUiftD DIVISION OF REPORTS AND STATISTICS

X625

Jan'U51.ry 2, l9lS.

Dear Sir:

Enclosed herewith pleas~ find 9 sh13ets showine; Llova-

• r;;.ent of discount rcl.tes durinb th-3 ciJ.lend.:.\.r y.:J..;.r 1917 in all Be-

serve districts.

Kindly &va the r<.~.tes 4nd d.:&.tes of chant:;a ,~;ert.::t.inint:;

to yo~ Bes~rv~ district checked Qb~inst your r~or~s ~d ra-

turn approv~d or corrected sneets to our S~tibtical Division

for insertion in the forthc~lint; a.mlua.l reJ?ort of the Federal

Ras<3rve Board.

An aarly caal:>liMOO with this requust will be appreQi-

ate d.

Respectfully•

Assis~t Secretary.

Mr. Federal Reserve .Ae;ent

• Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis