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X-7022 FEDERAL RESERVE BOARD STATEMENT FOR THE PRESS For r e l e a s e at 4;00 p.m. November 13, 1931. The Federal Reserve Board announces that the Fede r a l Reserve Bank of Atlanta has established a rediscount r a t e of 3g$ on a l l classes of paper of a l l m a t u r i t i e s , e f f e c t ive November 14, 1931.