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L -

X-7069

FEDERAL

RESERVE

BOARD

STATEMENT FOR THE PRESS

For r e l e a s e a t 1^:00 o 1 clock noon.

January 25, 1952.

The Federal Reserve Board announces t h a t the Federal
Reserve Bank of Richmond 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
on a l l c l a s s e 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
January £5, 1352.




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