Full text of G.13 Selected Interest Rates : April 12, 1938

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BOARD OP GOVERNORS
OP THE
FEDERAL RESERVE SYSTEM
R&s am 521
A p r i l 12, 1938

OPEN-MARKET MONEY RATES IN NEVf YORK CITY

(Percent per annum)
Week ending Saturday

P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 t o 6 m o n t h s ) . .
Bankers 1 a c c e p t a n c e s (prime, 90 d a y s ) . , . .
Time loans (Stock Exchange, 90 d a y s ) . . . . .
Rate on Stock-exchange c a l l l o a n s : l /

Average y i e l d on United S t a t e s o b l i g a t i o n s :
Treasury b i l l s
New i s s u e 2 / .
Treasury n o t e s , 3-5 y e a r s l /

Apr. 9
1938

Apr. 2
1938

Mar. 12
1938

Apr. 10
1937

3/4-1
7/16
1 1/4

3/4-1
7/16
1 1/4

3/4-1
7/16
1 1/4

1
9/16
1 1/4

1.00
1.00

1.00
1.00

1.00
1.00

1.00
1.00

.14
.15
1.07
2.51

• 11
.14
1.06
2.50

.07
.07
.98
2.42

.65
.67
1.66
2.75

3.37
7.17

3.34
7.38

3.23
6.42

3.45
4.88

Average y i e l d on c o r p o r a t e bonds: 5 /

l / Averages of d a i l y f i g u r e s .
i / Rates shown f o r 1938 a r e on 91-day b i l l s ; t h a t f o r 1937 i s on 273-day b i l l s .
Zjf Averages of d a i l y f i g u r e s , week ending F r i d a y .