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161 X-H2S0 F E D E R A L R E S E R V E B O A R D STATEMENT FOE THE PRESS For immediate relea.se 4;00 o'clock p.m., February 26, 1925- Thd Federal Reserve Board announces t h a t the Federal Reserve Bank of New York h a s 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 1 / 2 per c e n t on a l l c l a s 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 February 27, 1S25.
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