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RBO'D IN FEES SEOTON
AUG! 11943
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

R&S MR 81^2
August 10,

I.9I1.3

OPEN-MARKET MONEY RATES IN NE*\r YORK CITY
( P e r c e n t p e r annum)

Weekly
• Aug. 7, July 31,
1943
19U3
P r e v a i l i n g r a t e on:
Commercial paper (prime, If.'to 6 months). .
Bankers' acceptances (prime, 90 days)• , .
Time loans (Stock Exchange, $0 days) . . .

July
1943

Mont:hly

Jun^
194)

5/8 - 3 / 4 5/8 - 3 A 5/8 - 3 / 4 5/8 - 3 A

Rate on Stock-exchange c a l l loans: l /
1.00
1.00
United S t a t e s Government s e c u r i t i e s : \ J
Rate on 3-month Treasury b i l l s . • , . . .
Yield on 9 - t o 12-month c e r t i f i c a t e s
of indebtedness. . . . . . . . . . . .
Yield on
t o 5-year Treasury notes . . .
Yield on Treasury bonds, 12 years and over;
P a r t i a l l y tax-exempt bonds . .
Price of Treasury bonds 2 / . . . . . . .

.

Ivorago y i e l d on high-grade corporate
bonds (Treasury s e r i e s ) l /

1.00
1.00

.374
.74

1,30

1.84

1.00
1.00

1.00
1.00

.374
.68
1.31

.374

,68*
1.30**

.70
1.32

2.28
112.6

1.83
2.28
112.7

1.82
2.27
112.9

1.85
2.29
112.4

2.56

2,57

2.58

2.63

2.69
3.81

2.69
3.80

2.69

2.72

3.81

3.88

.verage y i e l d on corporate bonds (Moody* s ) ; ) /

\ J Average of d a i l y f i g u r e s . For Treasury b i l l s ,
discount on issuus o f f e r e d w i t h i n period,
2 / Prico derived from average y i e l d of p a r t i a l l y
i s s u e s on b a s i s of a 2 3/I4. per cent 16-year bond.
2 / Averages of d a i l y f i g u r e s ; weekly f i g u r e s a r e
*
Number of i s s u e s included decreased from 2 t o
**
Number of i s s u e s included increased from 1 to




average r a t o of
tax-exempt long-term
f o r week ending F r i d a y .
1 on July 1.
2 on July 12,