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FEDERAL RESERVE BANK
OF NEW YORK

-Circular No. 976, May 1, 1930~l
Superseding Circular No. 968 I
Dated March 13, 1930
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, May 2,
1930, until further notice and superseding the existing rate, this bank has established a rate of 3 per cent for all rediscounts and advances.




GEOBGE L. HARRISON,
Governor.