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BOARD OF GOVSEHOES
OF THE
FED'S HAL HESFEVE SYSTEM
R&S MH Wo
January 5, 1937
MOSEY BATES
( P c r c e n t per annum)
1936 '
December November Oct or e r
OPEN-MARKET RATES IN NEW YORK CITY
P r e v a i l i n g r a t e on:
Commercial paper (prime 4 to 6
Bankers 1 acceptances (prime
Time loans (Stock Exchange,
Ave rage r a t e on Stock-exchange
c a l l loans;

Average y i e l d on U n i t e d S t a t e s
obligations:
Treasury n o t e s , 3~5 y e a r s
( b i s size s)«*
RATES CHARGED CUSTOMERS BY BA2TKS
Eight o t h e r n o r t h e r n and e a s t e r n
Twenty-seven southern and western

1/

3/4

3/4

3/4

3/4

3/16

3/16

3/16

1/8

11/4

11/4

11/4

1

1.00
1.00

1.00
1.00

1,00
1.00

•75
• 75

.21

.10

•13

.09

i.o4
2.27

.99
2.29

1.12
2.42

1.26
2-73

2.43

2.43

2.46

2.61

3.46

3.47

3.50

3.67

4.i4

4.23

4.22

4.55

Average r a t e of discount on i s s u e s o f f e r e d within month.




1935
December