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X-6886 FEDERAL 3 I S I E T ! BOARD STATWSm TOR TE: PRESS For r e l e a s e a t 3:00 p . m. May 8 , 1931. The F e d e r a l Reserve Board announces t h a t t h e F e d e r a l Reserve Bank of Chicago h a s e s t a b l i s h e d a r e d i s c o u n t r a t e of 2|-$ on a l l c l a s s e s of p a p e r of a l l m a t u r i t i e s , e f f e c t i v e May 9 , 1931.
@FedFRASER