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BOARD OF GOVERNORS
O F THE
FEDERAL RESERVE SYS TEM
R&S MR G71
August 20 3 1940
OPEN-MARKET RATES IN NEVf Y0R1{ CITY
(Per cent per annum)
Week ending S a t u r d a y

P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , 4 to 6 months) , . ,
Bankers f a c c e p t a n c e s ( p r i m e , 90 d a y s )
Time l o a n s ( s t o c k Exchange, 90 d a y s ) . . . . . .

Aug. 17
1940

Aug. 10
1940

J u l y 20
1940

Aup;. if
1939

l/2~5/8
7/16
1 1/4

1/2-5/8
7/16
11/4

1/2-5/8
7/l6
1 1/4

1/2-5/
7/1C
1 !/•

Rate on S t o c k - e x c h a n g e c a l l l o a n s : JL/
New , , . .

1.00
1,00

Average y i e l d on U n i t e d S t a t e s o b l i g a t i o n s :
T r e a s u r y b i l l s (91 d a y s )
i'Jew i s s u e # • , « • • • # • • • • • • • • • • • • • • • • • • • • • • •

Average y i o l d on c o r p o r a t e bonds: Z j

l/
2/

A v e r a g e s of d a i l y f i g u r e s ,
A v e r a g e - - o f d a i l y f i g u r e s , week ending; F r i d a y ,




1.Q0
1.00
•

1.00
1.00

i;oo
1.00

!

.04
.021
.60
2.28

.04
.007
.59
2.25

|
i
1
!

.04
.003
.56
2.29

.04
.04:
.43
2.17

2.86
4.78

2.85
4.75

|
i

2,87
4.77

2.92
4.82

S