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BOARD OF GOVERNORS
OF?™
FEDERAL RESERVE SYSTEM
R&S MR 14-37
December 15, 1$]6
OPEN-MARKET MONEY RATES IN NEW YORK CITY
( P e r c e n t p e r annum)
Week ending

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' acceptances (prime,
90 days)
Time l o a n s ( S t o c k Exchange,
90 d a y s ) . . . . .

Dec. 14,
1935

Dec. 12,
1936

Dec. 5,
1936

Nov. l 4 ,
1936

3/U

3/4

3/4

3/16

3/16

J/16

1 l/4

1 i/u

1 1/4

1.00
1.00

1.00
1.00

1.00
1.00

• 75
•75

.12

.09

.10

.09

•9U
2.23

.94
2.25

1.01
2.31

1.24
2.73

3/4
1/8:'
1

Average r a t e on Stock-exchange
call loans:

Average y i e l d on U n i t e d S t a t e s
obligations:
T r e a s u r y n o t e s , 3~5 y e a r s ,
T r e a s u r y bonds (12 i s s u e s ) g / . . .
l/
2/

Average r a t e of d i s c o u n t on i s s u e s o f f e r e d w i t h i n week.
Wednesday f i g u r e s .