Full text of Federal Reserve Bank of New York Circulars : 799. Rate of Discount

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FEDERAL RESERVE BANK
OF NEW YORK

-

["Circular No. 799, August 4,1927"]

Loan and Discount
Department

L

Superseding Circular No. 735,
Dated August 12, 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, August
5, 1927, 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,
. STRONG,

Governor.

J