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BOARD OF GOVERNORS
OP THE
FEDERAL RESERVE SYSTEM
R&S MR 595
June 13, 1939

OPEN.mRKET MOl^Y RATES IN NW 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 months)..
Bankers' acceptances (prime, 90 d a y s ) . . . .
Time loans (Stock Exchange, 90 days)
Rate on Stock-exchange c a l l l o a n s : l /
N e w . . . . v , . . . . . . . . . . .
Renewal......... . . . . . . .
Average y i e l d on United S t a t e s
Treasury "bills (91 days)
Dealers ! quotation l / . . . .
New i
s
s
n
o
Treasury n o t e s , 3 t o 5 years
Treasury bonds, 12 years and

Baa

June 5
1939

May 15
1939

1/2-5/8

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

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

7/16

. 1 1/4

1.00

1.00

. . . . . . . . .
#

1.00
1.00

l/0.........
over l / . . . • .

.T........

.03
.004
.36
2.09

2.10

.03
.005
.45
2.17

2.93
4.91

2.95
4.96

2.98
5.08

l / Averages of d a i l y f i g u r e s .
Averages of d a i l y f i g u r e s , week ending F r i d a y .




1.00

1.00

obligations:

Average y i e l d on c o r p o r a t e bonds: 2 /

Ma

June 10
1939

.03
.004
.37