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X-7679 FEDERAL RESERVE BOARD STATEMENT FOR THE PRESS For r e l e a s e a t 3:00 P. M. November 15, 1933* The F e d e r a l Reserve Board announces t h a t t h e F e d e r a l Reserve Bank of P h i l a d e l p h i a 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 2 l/2% e f f e c t i v e November 16, 1933.