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KEC'D IN FILES SECTION

BOARD OF COVENTORS
OF THE
FEDERAL RESERVE SYSTEM

AUG 2 11942

R&S MR 790
August 11, 191+2
OPEI'-MARKET MONEY RATES Xtv FE1.. YORK CITY
(Per c e n t per annum)

J

[

I

Monthly f i g u r e s

II

CO

it.
4 ^

Aur. 1,
lvu2

!

V.'-eekly f i g u r e s

June
191,2 ..

. Iff

P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , h t o 6 months) . . 5 / 8 - 3/I+ 5 / 8 - 3/U 5 / 8 - 3/h V r . - !/):
Bankers 1 a c c e p t a n c e s (prime, 90 days) . . .
7/16
7/16
. 1 1/1+
1 l/U
Time l o a n s (Stock Exchange, 90 d a y s ) . . . . 1
Rate on Stock-exchange c a l l l o a n s : l /
1$ ew •» • • • • * • . • » • • a * . .

•

•

United S t a t e s s e c u r i t i e s : l /
R a t e on 3-month t a x a b l e T r e a s u r y b i l l s .
Y i e l d on T r e a s u r y c e r t i f i c a t e s of
indebtedness:

•

•

. .

Due F e b r u a r y 1, 19U3 •
. . .
Y i e l d on 3 t o 5 y e a r t a x a b l e T r e a s u r y
Y i e l d on T r e a s u r y bonds, 12 y e a r s
and o v e r :
Taxable bonds• . • • » • • • . * * . . •
Average y i e l d on h i g h - g r a d e c o r p o r a t e
bonds ( T r e a s u r y s e r i e s ) l / . . . . . . . .

.

1.00
1.00

1.00
1.00

1.00
1.00

.372

.372

• 38

•I4.0
.60

1.21+

1.22

1.20

1.15

2.02
2-35
109.9

2.00
2.3L
110.2

2.00

2.3k

1.97
2.33
110.7

2.7U

2.7lt

2.71+

2.75

2.82
4,29

2.83
1+.30

2.85
lt.33

• 59

.568

1.00
1.00
.365
J+6

110.2

Average y i e l d on c o r p o r a t e bonds
(Moody1 s ) :
2.82
1+.29

1/
£/
3/

'

Averages of d a i l y f i g u r e s . For T r e a s u r y b i l l s , average r a t e of d i s c o u n t
on i s s u e s o f f e r e d w i t h i n p e r i o d .
P r i c e d e r i v e d from average y i e l d of p a r t i a l l y tax-exempt l o n g - t e r m
i s s u e s on b a s i s of a 2 3 / h per c e n t , 1 6 - y e a r bond.
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 f o r week ending F r i d a y ,