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G.13

!l

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
OPEN - MARKET MONET RATES IN NEW YORK CITY
June 30

Prevailing rate &n:
^fcrnerteLal paper (prime,U to 6 mosj
l A - 2 3/8
15/8
H n k e r s acceptances (prime, 90 days)
Time loans(Stock Exchange, 90 days) 2 lA-2 1/2
Rate on Stock Exchange call loans: 1/
New.
. . 7 2-2 1/2
Renewal.
2-2 1/2
Yields on U.S. Government securities:!/
1.U99
Bills, 3 months 2 / . . . . . . . ,
1.79
Taxable issues, 9 to 12 months . .
2.00
Taxable issues, 3 to 5 years . . ,
2.65
Bonds, 15 years and over, taxable
97.62
Price of Treasury bonds 3/ . . . . ,
Yield on high-grade corporate bonds
2.95
(Treasury series) \f . . . . . . ,
Average yield on corporate bonds(Moody* s)lt/
Jma.
c / ~ 2.99
# L
"
3.5U
High-grade municipal bonds 5/. . . .
2.26

July 7

Weekly 19^,1
July 1U

July 21

R&S m 970
August 1, 1951
July 28

l A - 2 3/8 2 l/U-2 3/8 2 l A - 2 3/8 2 lA-2 3/8 2 l/U-2 3/8 2 l/U-2 3/8
1 5/8
1 5/8
1 5/8
15/8
1 5/8
1 5/8

lA-2 1/2 2 lA-2 1/2 2 lA-2 1/2 2 lA-2 1/2 2 l/U-2 1/2 2 lA-2 1/2
2-2 1/2

2-2 1/2
2-2 1/2

2-2 1/2
2-2 1/2

2-2 1/2
2-2 1/2

2-2 1/2
2-2 1/2

1.60lt

1.562

1.99
2.65
97.62

1.615
1.77
1.9U
2.63
97.95

1.92

2.62
98.00

1.591
1.70
1.91
2.62
98.08

1.U99
1.79
2.00
2.65
97.62

2.99

2.95

2.92

2.90

2.95

2.95

2.93
3.52
2.13

2.92
3.52

2.9U
3-U9
2.22

2-2 1/2

1.80

2.97

3.55
2.25

3.55
2.23

1.73

2.11

l/ Average of daily figures.
£/ Corrected.
2/ Rate on new issues within period.
3 / Average of taxable bonds due or callable in 15 years and over.
jj/ Average of daily figures j weekly figures are for week ending Friday.
jy Standard and Poor's Corporation; monthly and weekly data are based on figures for Wednesday.
GOVERNMENT FINANCE SECTION, BOARD OF GOVERNORS




MoriEKIy'
June 1951 I July 1951