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I Y-,4134 FEDERAL RESERVE BOARD STATEMENT FOR THE PRESS For immediate r e l e a s e 3:00 o ' c l o c k , p , m. August l 4 , 1924 The Federal Reserve Board announces t h a t the Federal Reserve Bank of Cleveland has reduced i t s rediscount r a t e from 4$ to 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 August 15th. * A_.J
@FedFRASER