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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 643
March 1 2 , 1940

OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Per c e n t per annum)
Week e n d i n g S a t u r d a y

P r e v a i l i n g r a t e on;
Commercial paper ( p r i m e , 4 t o 6 m o n t h s ) , .
Bankers T a c c e p t a n c e s ( p r i m e , 90 d a y s ) , . . .
Time l o a n s ( S t o c k Exchange > 90 d a y s ) . . , .
R a t e on S t o c k - e x c h a n g e c a l l l o a n s : \J

Mar. 9
1940

Mar, 2
1940

F e b . 10
1940

Mar ,11
1939

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

1/2-5/8
7/16
11/4

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

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

1.00
1.00

1.00
1.00

1.00
1.00

J2
2.28

.02
.000
.43
2.33

.02
.005
.47
2.32

.03
.002
.49
2.35

2.85
4.83

2.86
4.84

2.87
4.84

2.97
4.87

1.00
1.00

Renewal .
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
T r e a s u r y b i l l s (91 d a y s )

,02
New i s sue
T r e a s u r y b o n d s , 12 y e a r s and over \J
Average y i e l d on c o r p o r a t e bonds: Z j

\J
2/
Zj

....

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 , week e n d i n g F r i d a y
Rate n e g a t i v e