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X-6679 F 2 DE R A L BE.S1H7S BOARD STATEMENT FOE THE PRESS For imr.:ed.iate r e l e a s e . August 14, 1930 The Federal Reserve Board announces t h a t the Federal Reserve Bank of Kansas City has established, a rediscount r a t e of 3 l / 2 $ 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 15, 1930.