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FEDERAL RESERVE BANK
OF NEW YORK

t

Circular No. 924. August 8. 1929"]
Superseding Circular No. 864
Dated July 12, 1928
J

Rate of Discount

To all Member Banks in the Second Federal Reserve District:

You are advised that, effective from the opening of business Friday, August 9,
1929, until further notice and superseding the existing rate, this bank has established a rate of 6 per cent for all rediscounts and advances.




GEORGE L. HARRISON,

Governor.