Full text of Federal Reserve Bank of New York Circulars : 938. Rate of Discount

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FEDERAL RESERVE BANK
OF NEW YORK

r •Circular
Circul: No. 938, October 31, 1929"
Sup
uperseding Circular No. 924
Dated August 8, 1929

Rate of Discount

To all Member Banks in the Second Federal Reserve

District:

You are advised that, effective from the opening of business Friday, November
1, 1929, until further notice and superseding the existing rate, this bank has established a rate of 5 per cent for all rediscounts and advances.




GEORGE L. HARRISON,

Governor.