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• •

• •

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 585
A p r i l 18, 1939

OPEN-MARKET MONEY RATES IN NEW 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' acceptances (prime, 90 d a y s ) . . . .
Time loans (Stock Exchange, 90 days)

Apr, 15
1939

Apr, 8
1939

Mar. 18
1939

1/2-5/8
7/16
1 1/4

1/2-5/8
7/lG
1 1/4

1/2-5/8
7/16
1 1/4

Rate on Stock-exchange c a l l l o a n s : l /
New,
. . . . mi . , . . . . . . . . . . .
Renewal
........ *
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 "bills (91 days)
Dealers 1 q u o t a t i o n l / .
...

New i s s u e . . , ,7.

Treasury n o t e s , 3-5 years l / .
6 #
Treasury "bonds, 12 years and over if,<«..
Average y i e l d on c o r p o r a t e bonds: 3 /

Aaa, , .» g ... . . . . . . . j
B

a

a

^

w

^

.

.e 4 . .

1.00
1.00

1.00

1.00

,03
.023
.51
2.32

.03
.025
.49
2.31

. #03

3.04
5.22

3.02
5.06

2.97
4.84

l / Averages of d a i l y f i g u r e s .
7 / Rate n e g l i g i b l e .
3/ Averages of d a i l y f i g u r e s , wee!: ending F r i d a y .




1.Q0

1.00

.is

2.34