View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

REC'D IN PILES SECTION

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

APR 3 1 194«

R&S MR 711
April 8 , 1941
OPEN-MARKET RATES IN NEW YORK CITY
(Per cent per annum)
Week ending Saturday

P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 to 6 months) , ,
Bankers T a c c e p t a n c e s (prime, 90 days) . . . ,
Time loans (Stock Exchange, 90 d a y s ) * . . . •

Apr. 5
1941

Mar .2 9
1941

Mar, 8
1941

1/2-5/8

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

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

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

1.00
1.00

1.00

1.00
1.00

i'0!

Rate on Stock-exchange c a l l l e a n s : l /
New . , . . . . .
. . .
Renewal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1.00
1.00

United S t a t e s c b l i g a t i o n s :
Rate on Treasury b i l l s (91 days): Z j
.08
Dealers 1 q u o t a t i o n l /
.079
New i s s u e
Y i e l d of tax-exempt Treasury n o t e s ,
.52
3 to 5 years l / . . . . . . . . . . . . . . . . . . . . . . # • <
Yield of Treasury bonds, 12 years and
o v or l / *•*/ . . . . . . . . . .
2.00
110.2
Price "cf Trcrviury bonds l / %/ j4/ . ,
Average y i e l d in c o r p o r a t e bonds: 5 /
Aaa
Baa

,

2.82
4.33

1.00

| Apr. G
1940

.02

;o8
.055

.12

.120

.000

.50

.52

.39

2.00

2.05
109.5

110.2

2.83
4.35

2.78
4.41

2.20

107.4

2,82
4.75

l / Averages of d a i l y f i g u r e s .
? / Tax-exempt b i l l s p r i o r t o March 1941; t a x a b l e b i l l s t h e r e a f t e r .
3 / P a r t i a l l y tax-exempt i s s u e s o n l y ,
4 / P r i c e s derived from y i e l d f i g u r e s on b a s i s o f ' a 2 3 / 4 per c e n t , 16-year bond,
J5/Averages of d a i l y • f i g u r e s , week ending F r i d a y ,