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-7400, Volume 38, Page 140

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X-7400

FEDERAL

RESERVE

BOARD

STATEMS1TC FOR THE PRESS

For r e l e a s e a t 3:30 P.M.

A p r i l 6, 1933.

The F e d e r a l Reserve Board annoimces t h a t the Federal
Reserve Bank of New York has e s t a b l i s h e d a rediscount r a t e of
3 p e r cent e f f e c t i v e A p r i l 7, 1933.

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