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FEDERAL RESERVE BANK OF NEW YORK - ,. Jrk. Credit and Discount l~ Circular No. 723, April 22, 1926 Superseding Circular No. 710. Department [_ Dated January 7. 1926 Rate of Discount To all Member Banks in the Second Federal Reserve District: You are advised that, effective from the opening of business on Friday, April 23,1926, until further notice and superseding all existing rates, this bank has established a rate of 3^2 per cent for all rediscounts and advances. Very truly yours, BENJ. STRONG, Governor.
@FedFRASER