Full text of Mimeograph Letters and Statements of the Board : Statement for the Press Announcing Rediscount Rate of Federal Reserve Bank of New York, Number X-6988, Volume 35, Page 460

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X-6988

FEDERAL

RESERVE

BOARD

STATEMENT FOR THE PRESS

For immediate r e l e a s e .

October 15, 1931.

The Federal Reserve Board announces that the Federal
Reserve Bank of New York has established a rediscount r a t e of
3 l / 2 per cent on a l l classes of
f e c t i v e October 16, 1931.




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