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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

•: I1EC "D IN PUSS SECTION I
•

l 51942

R&S MR 786
July 3J+, I9I4.S
OPEN-MARKET MONEY RATES IN NttY YORK CITY
(Per cent per annum)
Weekly figures
July 11,

w

Prevailing rate on:
Commercial paper (prime, I4. to 6 months)5/8 Bankers' acceptances (prime, 90 days) ,
Time loans (Stock Exchange, 90 days), .
Rate on Stock-exchange call loans: l/

United States securities: l/
Rate on 3-month taxable Treasury bills.
Yield on Treasury certificates of
indebtedness:
Due February 1 # 19U3 • • * • * • • •
Yield on 3 to 5 year taxable Treasury
Yield on Treasury bonds,12 years
and over:
Partially tax-exempt bonds . . . . .

Average yield on high-grade corporate
bonds (Treasury series) l/

July 2+»
19U2

3/h 5/8 - 3/1+
i f f

1.00
1.00-

1.00
1.00

Monthly figures
May
June
19U2
I9li2

5/8 - 3 A

A t
1.00
1.00

%

1 iA
• 1.00
1.00

.365

.365

.363

.361+

.1414

>1+6

.61

.61

•1+9

1.19

1.17

I.15

1.03

2.00
2.3U
110.2

2.00
2.3L
110.2

1.97
2.33
110.7

1.97
2.35
110.7

2..71+

2.75

2.75

2.76

2.83

2.83
L.33

U. 33

2.85

2.85
U.27

Average yield on corporate bonds
(Moody's): 3/

U.31
\J

.

Averages of daily figures. For Treasury bills, average rate bf discount
on issues offered within period,
2{ Price derived from average yield of partially tax-exempt long-term
issues on basis of a 2 3/4 per cent, l6-yeur bond.
3/ Averages of daily figures; weekly figures are for week ending Friday.