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X-6786
FEDERAL

RESERVE

BOARD

STATEMENT FOR THE PRESS

For r e l e a s e a t 3:00 p.m.

December 31, 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 2g- $
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 January 2 ,
1931.