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X-6535 FEDERAL E S S I 2 V E BOARD STATEMENT FOR THE PRESS Washington, D. C. For r e l e a s e a t 3 p . m. March 14, 1930. The F e d e r a l Reserve Board announces t h a t the F e d e r a l Reserve Bank of Cleveland has 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 4<j> 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 March 15, 1930.