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X-6651

flDEEAL

RESERVE

BOARD

STATEMENT FOR THE PRESS

For r e l e a s e a t 2:00 p. m.

J u l y 2, 1930-

The Federal Reserve Board announces t h a t 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 yk
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 J u l y 3ยป 1930.