View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

1 5 1

X-6704
FEDERAL

EES E R VE BOARD

STATEMENT FOR -THE PRESS

For r e l e a s e a t 4:00 p.m.

September 11, 1930.

The Federal Reserve Board announces t h a t the Federal
Reserve Bank of Minneapolis has e s t a b l i s h e d a r e d i s c o u n t r a t e of
3

per cent 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 September 12, 1930.