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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 574
February 14, 1939

OPEN-MARKET MONEY RATES IN M

YORK CITY

(Percent p e r annum)

Week ending Saturday

P r e v a i l i n g r a t e on:
Commercial p a p e r (prime, 4 t o 6 m o n t h s ) , .
Bankers 1 a c c e p t a n c e s (prime, 90 d a y s ) . . . .
Time loans (Stock Exchange, 90 d a y s ) . . . . .
Rate on Stock-exchange c a l l l o a n s : l /
H e w . . . . . . . . . . . . . . . . . . . . . . , . . . • 4 • .7.
.,.
Renewal
.....*

Feb. 11
1939

Feb. 4
1939

J a n , 14
1939

Feb. 12
1938

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

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

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

1
7/16
1 1/4

1.00

1.00
1.00

1.00
1,00

1.00
1.00

.03

.03

.03

.08

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' quotation 1 ^ / . . . . . . . . . . . . . . . . . .
New i s s u e , . . . . . . . . . . . . . . » . . . . . . . . . . , . . ,
Treasury n o t e s , 3-5 y e a r s l / . . . . . . . . . . . . .
T r e a s u r y bonds, 12 years and over l / , . . , .

*64
2.44

2.45

2.47

Average y i e l d on c o r p o r a t e bonds: 3 /
Aaa,..... • . . . . . . . . . . . . . . . T . . . . . . . .
Baa,.....................................

3.00
5.07

3.01
5.14

3.01
5.11

#01

l / Averages of d a i l y f i g u r e s .
Less t h a n 0.005 p e r c e n t .
3 / Averages of d a i l y f i g u r e s , we ok ending F r i d a y ,




.08

1.13

2.66

3.21
6.04