Salt Lake Telegram | 1911-02-11 | Page 1 | Furr Reduction in Discount Rate

FURTHER REDUCTION IN DISCOUNT RATE L j i BERLIN Feb 11 ll llA iL-A A A further ur ber reduction reduction tion ion in tho rate of ot discount by by- bythe tho the is e expected on Tuesday The rate was lowered from 5 to 4 per percent percent percent cent last Monday The Th movement of capital out of the country necessarily raises the interest rate in Germany The bl big banks prefer brin bringing ing out foreign issues to Ie exploiting German 5