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FEDERAL RESERVE BANK
OF N E W YORK

-Circular No. 958, February 6, 1930")
Superseding Circular No. 942
Dated November 14, 1929
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, February
7, 1930, until further notice and superseding the existing rate, this bank has established a rate of 4 per cent for all rediscounts and advances.




GEORGE L. HARRISON,

Governor.