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X-6506 FEDERAL RESERVE BOARD STATEMENT FOR THE PRESS For r e l e a s e at 3:00 p. m, February 12, 1930- The Federal Reserve $0&rd. announces that the Federal Reserve Bank of Boston has e s t a b l i s h e d a rediscount r a t e of 4^ on a l l c l a s s e s of paper of a l l m a t u r i t i e s , e f f e c t i v e February 13, 1930.