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f

lEC'D IN FILES SECTION

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTFJJ

AUG % 1 1 9 4 2

R&S MR 791
August 18, V$h2
OPEN-MARKET MONEY RATES IN ND/i YORK CITY
(Per cent per annum)
Weekly figures
Aug. 15,
19^2
Prevailing rate on:
Commercial paper (prime, L to 6 months)
• Bankers * acceptances (prime, 90 days) .
Time loans (Stock Exchange, 90 days). .
Rate on Stock-exchange call loans : l/
New . , .
. .
Renewal.. • , .

5/8 - 3
7/16
1 I/B
1.00
1.00

Average yield on high-grade corporate
bonds (Treasury series) l/ . . . . . . .

2.73

Average yield on corporate bonds
(Moody1 s-): 3 /
Aaa . . , . . . . . . . . . . . . . . .
Baa

1+.28

3/

Monthly figures
July
19L2

June
391+2

3A

A 5/8 -

United States securities:
Rate on 3-month taxable Treasury bills.
Yield on Treasury certificates of
indebtedness:
Due November 1, 19U2 •
Due February 1, I9IJ
Yield on 3 to 5 year taxable Treasury
notes. . . . . . . • » . . . . . . . •
Yield on Treasury bonds, 12 years
and over:
Partially tax-exempt bonds
Taxable bonds
Price of Treasury bonds 2/

l/

Aug. 8,
19i;2

1

3 A 5/8 - 3 A 5/8 7/16
7/16
7/16
1/V
1 l/l,.
1 lA

1.00

1.00

1.00
1.00

1.00

1.00

.372

.372

.368

.363

.38
•59

.38
• 59

•U3

•ij.6

1.25

1.21+

1.20

1.15

2.02

2.02

2.00

2.35
109.9

2.35
IO9.9

2.34

1.97
2.33
110.7

2.7U

2.71+

-75

2.82

2.83
if.30

2,85
1^33

2.81

In 29

.61

110.2

Averages of daily figures. For Treasury bills, average rate of discount
on issues offered vdthin period#
Price derived from average yield of partially tax-exempt long-term
issues on basis of a 2 3/U per cent, 16-year bond,
Averages of daily figures; weekly figures are for week ending Friday,