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BOARD OP GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 599
July 7, 1939
MONEY RATES
(Per cent per annum)
1938

1939
June

May

Apr,

June

OPEN-MARKET RATES IN NEW YORK CITY
Prevailing rate on:
1/2-5/8
7/16
1 1/4
Rate on Stock-exchange call loans: l/

Average yield on United States obligations:
Treasury bills (91 days)

Average yield on corporate bonds: l/

r Revised,
l/ Averages of daily figures ยป




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

1/2-5/8
9/16
1 1/4

3/4-1
7/16
1 1/4

1.00
IsOO

1.00
1.00

1.00
1.00 '

1.00
1.00

.03
.006
.39
2.13

.03
.006
.42
2,17

.03
.019
.50
2.30

.05
.023
.67
2.52

3.02
5,15

3,26
6.25

2.92
4.91

r2g97
5.07