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-9074, Volume 42, Page 5

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5

X-9074

F E D E R A L

R E S E R V E

B O A R D

STATEMENT FOR THE PRESS

For release at 4:00 p. m.

January 2, 1935.

The Federal Reserve Board announces that the
Federal Reserve Bank of St. Louis has established a re­
discount rate of 2$ effective January 3, 1935.