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x-66?4

FEDERAL

RESERVE

BOARD

STATEMENT FOR THE PRESS

For r e l e a s e a t 6:00 P . M.

August 7ยป 1930.

The Federal Reserve Board announces t h a t the Fede r a l Reserve Bank of San Francisco has e s t a b l i s h e d a rediscount
r a t e of 3iH

on

August 8, 1930.




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