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X-4948 FEDERAL RESERVE BOARD ST.ATE:,®NT FOR THE PRESS For immediate release. September 12, 1927. The Federal Reserve Boaxd announces that it has approved an application of the Federal Reserve Bank of Minneapolis for permission to establish a rediscount rate of 3 1/2 per cent on all classes of paper of all maturities, effective September 13, 1927.
@FedFRASER