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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 608
A u ^ s t 29, 1939

OPEN-MARKET MOI^TEY RATES IN NEW YORK CITY
(Per cent per annum)
Week ending Saturday
Aug. 26
1939

Aug. 19
1939

J u l y 29
1939

P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 t o 6 months) * * 1 / 2 - 5 / 8
7/16
Bankers f acceptances (prime, 90 d a y s ) , . , #
Time loans (Stock Exchange, 90 d a y s ) . . . . .
1 1/4

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

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

Rate on Stock-exchange c a l l l o a n s : l /
New
......
.......
Renewal........

1.00
1.00

Average y i e l d on United S t a t e s o b l i g a t i o n s :
Treasury b i l l s (91 days)
Dealers 1 q u o t a t i o n l / .
New i s s u e . . . . . . . . . .T.•
Treasury n o t e s , 3 t o 5 years l / .
Treasury bonds, 12 years and over l / . . . . •

.076
.53
'.27

.04
.042
.43
2.17

.43
2.14

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

2.95
4,92

2.92
4.82

2.90
4.79

.06

1.00

1.00

1.00
1.00

.04

.022

V Averages of d a i l y f i g u r e s .
Averages of d a i l y f i g u r e s , wook ending F r i d a y .




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