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X-66J2 FEDERAL RESERVE BOARD STATEMENT FOR THE PRESS For immediate r e l e a s e August 6, 1930* The Federal Reserve Board announces t h a t the F e d e r a l Reserve Bank of S t . Louis has e s t a b l i s h e d a rediscount r a t e of 3^6 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 August 7. 1930.