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BOARD 0 ? GOVERNORS
0 ? THE

FEDERAL RESERVE SYSTEM
R&S m
543
August 23, 1938

OPEIW/IARKET M O i m IblTES IN m V YORK CITY

( P e r c e n t p e r annum)

CO
O

I

Week ending S a t u r d a y
1938

P r e v a i l i n g r a t e on:
Commercial p a p e r ( p r i m e , 4 t o 6 m o n t h s ) . . .
Bankers 1 a c c e p t a n c e s ( p r i m e , 90 d a y s ) , . . . ยป

3/4
7/16
1 1/4

Aug. 1 3
1938

V4
7/16
1 1/4

J u l y 23
1938

3/4
7/16
1 1/4

Aug. 21
1937

1
7/16
1 1/4

Rate on S t o c k - e x c h a n g e c a l l l o a n s ; l /
1.00

1.00
1.00

1,00

1,00

1.00

1.00
1.00

.06
.05
.71
2.31

.06
.05
.70
2,32

.07
.06
.72
2.35

.26
.52
1.44
2.59

3.18
5.53

3,18
5,47

3.22
5.57

3.24
4.91

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 :
Treasury M i l s

Average y i e l d on c o r p o r a t e b o n d s : 3 /

l / Averages of d a i l y f i g u r e s .
2^/ Rates shown f o r 1933 a r o on 9 1 - d a y b i l l s ; t h a t f o r 1937 i s on 273-day " b i l l s ,
Z/ Averages of d a i l y f i g u r e s , week e n d i n g F r i d a y . S e r i e s r e v i s e d "beginning
J a n u a r y 1937.