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R&S 100-2376 Juno 2, 19l*7 U. S. GOVERNMENT SECURITY YIELD AND PRICES AND HIGH-GRADE CORPORATE BOND YIELDS ' (Yiolds i n por oont pop annum) 1 Bills Period J— months I9kl - May 1 2 3 5 6 7 8 9 10 Closed Closed % Closed 19 20 21 22 2U 26 27 28 29 30 31 Weekly-averaget 3 10 2U 31 Monthly average :SS 1.18 1.18 • 8I4. 12 15 16 17 V S. Government seouyity yields" Prico WOt 0 8 bonds . of Certiflong•/[.to9 "15 yoars 5 to 5 icates years torm f e a r s and ovor Tax9' t o 12 TaxT e S T Treasury months able able bonds ablo 1.18 2.20 l.ilB 10l*.l|l* 1,18 2.20 lol*.l*l* 1.1# Closod Closed Closed .85 .85 .85 .85 1.19 1.19 1.19 .85 .85 .85 .85 .85 .85 .85 .85 *85 .85 :8 .85 .85 1.19 2.20 1.48 1.48 2,20 1.48 2.20 2.20 1.1*6 1.1*8 2.19 1.1*8 2.19 2.19 104.41 104.1*2 iolt.36 101*. 37 id*. 50 1.1*8 1.1*8 1.1*7 2.20 2.20 2.20 10l*.60 iol*,53 10l*.l*8 104.1*8 104.1*8 1.18 1.1*7 1.1*7 1.1*7 1.1*6 1.1*6 2.19 2.19 2.19 2.19 2.19 104.49 lot*. 50 104.50 10l*. 51 402*. 5 1 1.18 1.1*6 fcS 1.19 1.1*6 1.1*6 1.1*6 2.19 '2.19 2.19 2,19 104.51 104.51 "104.53 104.50 1.18 1,1*8 2.20 1.20 1.20 1.20 1.20 ! 1.20 1.19 1.19 1.18 1.1*8 .376 ,376 .376 ,376 .376 .82+ • 85 .85 .85 ,85 1.19 1.19 1.1*7 1.1*6. 1.1# 2.20 2.19 2.19 104.45 104.41 104.51 104.50 104.51 .376 .85 1.19 1,1*7 2.1ft 104.48 1.19 1.20 1.1*8 2.20 Issue* inoluded deoroasad from 3 to 2 on May 1, GOVERNMENT FINANCE SECTION, BOARD O F GOVERNORS