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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 739

August Ij., lt)l\P.
OPEN-MARKET MONEY RATES IN 11E7 YORK CITY
(Per c e n t p e r annum)
Weekly f i g u r e s

Monthly f i g u r e s

Aug, 1,
3*2

July
1942

J u l y 25,
1942

June
1942

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 , Li t o 6 m o n t h s ) . • 5 / 3 - 3 A 5 / 8 - 3 A 5 / 8 - 3 A 3/8 - 3 A
B a n k e r s ' a c c e p t a n c e s ( p r i m e , 90 d a y s ) . . .
7/16
7/16
i7/jf
Time l o a n s ( S t o c k Exchange, 90 d a y s ) • • • 1 l / h
1 l/if
1 lA
Rate on S t o c k - e x c h a n g e c a l l l o a n s : \J
1.00
1.00
U n i t e d S t a t e s s e c u r i t i e s ; l/
Rate on 3-month t a x a b l e T r e a s u r y b i l l s
Y i e l d on T r e a s u r y c e r t i f i c a t e s of
indebtedness:

. .

Due F e b r u a r y 1, 1943• . . . . . . . . .
Y i e l d on 3 t o 5 y e a r t a x a b l e T r e a s u r y
Y i e l d on T r e a s u r y b o n d s , 12 y e a r s
and o v e r :

1.00
1.00

1.00
1.00

1.00
1.00

.372

.3^9

.368

.363

Ao
.60

.41
.60

•U3
.61

.46

1.22

1.21

1.20

1.15

2.00
2.34
110.2

2.00
2.34
110.2

2.00
2.54
110.2

1.97
2.33
110.7

2.74

2.74

2.7U

2.75

2.82
4.29

2.83
4.30

2.83
W o

2.85
4.33

Average y i e l d on h i g h - g r a d e c o r p o r a t e
Average y i e l d on c o r p o r a t e bonds
(Moody's): 3 /

l/
2j
5/

Averages of d a i l y f i g u r e s • For T r e a s u r y b i l l s , a v e r a g e r a t e of d i s c o u n t
on i s sues o f f e r e d w i t h i n p e r i o d .
P r i c e d e r i v e d from a v e r a g e y i e l d of p a r t i a l l y t a x - e x e m p t l o n g - t e r m
i s s u e s on b a s i s of a ?. 3/U p e r c e n t , l b - y e a r bond.
Averages of d a i l y f i g u r e s ; weekly f i g u r e s a r e f o r week e n d i n g F r i d a y .