Full text of Mimeograph Letters and Statements of the Board : Statement for the Press Announcing Rediscount Rate of Federal Reserve Bank of St. Louis, Number X-6888, Volume 34, Page 650

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X-6888

I E D E H 1

B E S E B T E

BOARD

STATEMENT FOR THE PRESS

For r e l e a s e a t 4 : 0 0 P.M.

May 8 , 1931.

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 S t . Louis 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 tif paper of a l l m a t u r i t i e s , e f f e c t i v e May
9, 1931.