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REC'l) IN FILES SECTION
A , ! ; < T94 (

BOARD OF GOVERNORS
OF THE
TEDERAL RESERVE SYSTEM

R&S MR 733
August 12, 1941
OPEN-MARKET RATES IN IfEW YORK CITY
(Percent

per annum)
Week ending S a t u r d a y
1

P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , 4 t o 6 months)
B a n k e r s ' a c c e p t a n c e s ( p r i m e , 90 days)
Time l o a n s ( S t o c k Exchange, 90 d a y s )

6

J

i/2
7/16
1 1/4

R a t e on S t o c k - e x c h a n g e c a l l l o a n s : l /

Taxable n o t e s
.
,
Y i e l d on T r e a s u r y bonds, 12 y e a r s
and over l /
P a r t i a l l y tax-exempt bonds . .
Taxable bonds 3 / .
..
P r i c e of T r e a s u r y bonds l / 4 /

.12
.106

.12
.114
i

.33
.63

.33
.63

1.93
2.11
111.2

1.90
2.10
111.7

2.74
4.26

2.74
4.27

July 12,
1941

Aug. 10,
1940

1/2
7/16
1 1/4

1/2-5/8
7/1 s
1 'i/4

I

1.00
1,00

1.00
1.00
United States obligations:
Rate on T r e a s u r y b i l l s ( 3 1 d a y s ) ; 2 /
Dealer s V q u o t a t i on l / .
Nev/ i s s u e
^
Y i e l d on T r e a s u r y n o t e s ,
3 t o 5 year si 1/

!

Aug. 2,
1941

Aug. 9,
1941

1.00
1.00

|
|

i .00
1.00

' ; .12
.097

.04
.007
.59

.39
.68
1.90
2.15
111.7

2

. 2 5

106.7

Average y i e l d on c o r p o r a t e b o n d s : 5 /
Baa

1
|

2.74
4.29

2.85
4.75

i

l/
z/
Zj
4/

A v e r o r e s of d a l l y f i g u r e s .
Tax-exempt b i l l s p r i o r to Kerch 1941; t a x a b l e b i l l s t h e r e a f t e r ,
I n c l u d o s 1956-58 bonds o n l y .
P r i c e s d e r i v e d from y i e l d f i g u r e s of p a r t i a l l y tax-exempt i s s u e s on be s i s of a
2 3 / 4 per c e n t , 1 6 - y e a r bond ,
5 / Averages of d e i l y f i g u r e s , v;eok ending F r i d a y