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X-6990 FEDERAL RESERVE BOARD STATEMENT FOR THE PRESS For r e l e a s e at 3:00 p. m. October 16, 1931. The Federal Reserve Board announces that the Federal Reserve Bank of Boston has established a rediscount r a t e of 3 l / 2 per cent 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 i v e October 17, 1931.
@FedFRASER