Full text of Mimeograph Letters and Statements of the Board : Statement for the Press Announcing Rediscount Rate of Federal Reserve Bank of Kansas City, Number X-4106, Volume 20, Page 478

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FEDERAL

E E S E E V E

EOAED

S'i'ATEi'SN? FOE THE PBESS
For immediate r e l e a s e
4 p. m.

June 30, 1924
X-4106

The F e d e r a l R e s e r v e Board announces t h a t t h e
F e d e r a l R e s e r v e Bank of Kansas C i t y has reduced i t s
r e d i s c o u n t r a t e t o 4 p e r c e n t 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 J u l y 1, IS24.