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• •
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 573
February 7, 1939

OPBN-MARKLT MO^Y RATES IN m v YORK CITY
(Percent per annum)

Week ending Saturday

P r e v a i l i n g r a t e on;
Commercial paper (prime, 4 t o 6 m o n t h s ) . .
Bankers 1 acceptances (prime, 90 d a y s ) „ , • .
Time loans (Stock Exchange, 9 0 , d a y s ) . . * . *

Fobn 4
1939

Janj 28
1939

Jan ^ 7
1939

Feb, 5
1938

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

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

5/8
7/16
11/4

1
9/lG
1 1/4

'1,00
1.00

'1.00
1.00

1.00
1.00

,03
3/

.05

.03

2.45

2.43

2.48

\¥e

.07
.08
1.12
2.65

3.01
5,14

3.02
5.14

3.04
5.1o

3.25
6,11

Rate on Stock-exchange c a l l l o a n s : l /
Newt « • j .. * * c • « t • ^ * <r •> « • * i • • » • • » r 0 ' • w • • 1.00
c c •*
1,00
Renewal.....
Average y i e l d cn United S t a t e s o b l i g a t i o n s :
Treasury D i l l s (91 days)
Treasury n o t e s , 5-5 yoc rs ] / . * > „

,

Average y i e l d on c o r p o r a t e bonds: 4 /
B

a

a

,

*

«

c

*

M

l / Averages of d a i l y f i g u r e s .
2 / Part of I s s u e sold oil n e g a t i v e y i e l d b a s i s and remainder a t no y i e l d *
"?/ Less than 0^005 p e r c e n t .
Averages of d a i l y f i g u r u s , vmok ending Friday,