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F E B E R A 1 B / S E S V E BOARD X—4085 STATElM^FOR THE PRESS FOR IMMEDIATE RELEASE: 2:30 p . m . June 11, 1924 The Federal Reserve Beard announces that the Federal Reserve Banks of Boston and New York have both reduced their rediscount rates to 3-l/2 per cent for all classes of paper of all maturities, effective June 12, 1924.
@FedFRASER