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718 X-U172 FEDERAL EESEETE BOARD STATEMENT FOR THE PRESS For immediate r e l e a s e 4:00 o'clock p. m. October 14, 1924. The Federal Reserve Board announces t h a t the Federal Reserve Bank of Minneapolis has established a rediscount r a t e of 4 per cent on a l l classes 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 October l $ t h .
@FedFRASER