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l iJ90
X-5071

FEDERAL RESERVE :BOARD
STATEMENT FOR THE PRESS
For immediate release:
February 7, 1928
5 o 1 clock p.m.
The Federal Reserve :Board announces that the Federal Reserve :Bank of Dallas has established a rediscount
rate of 4 per cent on all classes of paper of all maturities, effective February 8, 1928.