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RBC'D IN FILES SECTION
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

JLU'% 01942

RfcS m 809
December 22, 19^2
OPEN-TCARKET MOVEY RATES IN !#'T YORK CITY
(Per c e n t per annum)
Weekly
Dec. 12
1*2
W

bee. 19

Mov,
19/t2

Monthly
Oct.
w

P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , li t o 6 months) • . 5 / 8 - 3/h 5 / 8 - 3/h 5 / 8 - 3/h 5 / 8 - 3/h
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
7/16
7/16
Time l o a n s ( S t o c k Exchange, 90 d a y s ) . . . . 1 v u
1 l/h
1 l/h
1 l/h
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

United S t a t e s s e c u r i t i e s : \J
Rate on 3-month T r e a s u r y b i l l s
Y i e l d on 9" t o 12-month c e r t i f i c a t e s
oi m d e b r e d n e s s . * . * * • . • . • « • • *
Y i e l d on
to 5~ytiar Treasury notes. . . .
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 :

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
bonds ( T r e a s u r y s e r i e s ) ! / • • • »
Average y i e l d on c o r p o r a t e bonds
(Moody's): 3 /
Aaa . . . . . . . . . . . . . . . . . . .

*
]y
2/

. .

.363
,70

l.oo
1.00
.36L

• 79

1.00
1.00

• 371
.80

• 372

• 15

1.28

1.28

1.28

2,09
2.36
108.9

2.09
2.36
ioe.9

2.06

2.05

2,73

2.73

2.71

2.72

2.82

2.81
L.29

2.79
I1.25

2.80
1..21+

1.36*

2.3k

109.4

Number of i s s u e s i n c l u d e d d e c r e a s e d from 3 t o 2 .
Averages of dail%T f i g u r e s . Foi' 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 s u e s 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 2 3/l|. per c u n t , 16-year. bond.
Averages of d a i l y f i g u r e n ; vroekly f i g u r e s a r e f o r vroek e n d i n g
Friday.




1.00
l.oo

2.33

109.5