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X-6996 F E D E R A L . R BSE R V E BOARD STATEMENT FOR THE PRESS -For r e l e a s e at 3:00 P. M. October 21, 1931. The Federal Reserve Board announces that the Federal Reserve Bank of Philadelphia has established a rediscount r a t e of 3|- per cent on a l l classes 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 October 22, 1931.
@FedFRASER