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%S 10021+88 October 1947 U. S. GOVERNMENT SECURITY YIELD AND PRICES AND HI(H-GRADE CORPORATE BOND YIELDS (Yields in per cent per annum) j Yield ! Price L . S . Government s e c u r i t y y i e l d s Bonds 9 1 2 3 - 5 highlong* 315 years years 7 - 9 grade term months months ; and over years taxable c e r t i f i Treasury corporate bills taxable i s s u e s taxable cates bonds bonds > Period 1947 - Sept. 1 2 3 4 5 6 ' 8 9 10 11 12 13 15 16 17 18 19 20 22 23 2k 25 26 27 Holiday -1 / V.85 - Closed Closed Closed Closed 29 30 .86 .87 .67 .87 .87 1.51 1.51 1.52 1.52 l.f7 ' 1.57 1.27 1.27 .85 •85 .65 104.09 10U.07 104.01 104.00 2.52 2.53 2.53 2.53 2.23 2.23 2.24 2.2k 2.2k 104.03 103.99' 103.91 103.94 103.93 2.53 2.54 2.54 2.55 2.57 2.2k . 2.2} 2.23 •• 2,23 • 2.23 #.96 103.97 103.98 104.00 103.99 2.57 2.58 2.58 2.58 2.58 ' 1,27 1.27 1.28 • 1.28 1.28 1.52 1,52 1.53 - 1.53 1.53 .87 .87 .87 .87 .87 1.28 1.28 1.28 1.27 1,27 1.53 1.53 1.53 1.52. 1.52 .87 .87 .87 .87 .87 1.27 1.28 1.29 1.29 1.29 1.53 1.54 1.55 .1.55 1.55 2.2U 2.2U 2.2k 2.2k 2.2k 103.97 103.87 103.86 103.86 6,103.84 2.58 2.58 2.59 , ; 2.6l : J.2.62 .88. .88 1.30 1.29 1.55 1»55 2.2k 2.2k 103.83 ,103.88 2.62 2.64 1.27 1.28 1.28 1.28 1.52 1.53 1.53 1.54 2.23 2.2k 2.23 2.2k i*.o4 103.96 103.98 103.88 : 2.53 2.55 2.58 2.60 1.28 1.53 2.21; 163.95 2.57 Veekly average: Sept. 6 13 20 27 •789 .802 .808 .817 .85 .87 ,87 .87 Monthly average •80U .87 • . - 2.23 2.23 2.23 2.23 J s s u e s included increased, from 2 t o 3 GOVERNMENT FINANCE SECTIONp BOARD OF GOVERNORS on Sept. 1 • r