Full text of Mimeograph Letters and Statements of the Board : Statement for the Press Announcing Rediscount Rate of Federal Reserve Bank of Chicago, Number X-6795, Volume 34, Page 75

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X-6795
I I

D E B A It

B E SB EVE

B 0 A ED

STATSl£Ei7T SOB THE PBESS

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

January 9, 1931.

The Federal Be serve Board, announces t h a t the Fede r a l Beserve Bank of Chicago has e s t a b l i s h e d a rediscount
r a t e of 3$ 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 10, 1931.