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1 W D Df FILES
J U M - :i1942
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR ? 8 0

June 2, W | 2

OPEN-MARKET MONEY RATES IN WET" YORK CITY
(Per cent per annum)
Weekly f i g u r e s
May 30,
19^
P r e v a i l i n g r a t e on:
Commercial paper (prime, 2+ t o 6 months)
Bankers T acceptances (prime, 90 days) .
Time loans (Stock Exchange, $0 d a y s ) . .
Rate on Stock-exchange c a l l l o a n s : i f

United S t a t e s s e c u r i t i e s : l / .
Rate on 3-month t a x a b l e Treasury b i l l s .
Yield on Treasury c e r t i f i c a t e s of
indebtedness (due November 1 , I9U2). .
Yield on 3 t o 5 year t a x a b l e Treasury
Yield on Treasury bonds, 12 y e a r s
and o v e r :

Average y i e l d on high-grade c o r p o r a t e
bonds (Treasury s e r i e s ) 1 / •

May 23,
191+2

-S6 %
1 1/1+

1.00
1.00

1.00
1.00

Monthly f i g u r e s
May
19W2

\'L

1 iA

1.00
1.00

April
191+2

%

1 iA

1.00
1.00

.365

.365

.36U

.1+8

.1+9

.1+9

2 / .1+5

1.03

1.01+

1.03

.98

1.9U
2.33
111.1

1.96
2.31+
110.8

1.97
2.35
110.7

2.3U

2.75

2.76

2.76

2.77

2.85
1+.29

2.85
1+.28

2.85
1+.27

2.83
1+.26

.299

1.98

110.5

Average y i e l d on c o r p o r a t e bonds
(Moody's);

l/
2/
3/
hj

h/

Average3 of d a i l y f i g u r e s . For Treasury b i l l s , average r a t e of d i s c o u n t
on i s s u e s o f f e r e d w i t h i n p e r i o d .
Average f o r A p r i l 15 t o ? 0 .
P r i c e derived from average v i v i d of p a r t i a l l y tax-exempt long-term
i s s u e s on b a s i s of a 2 3 / 4 P^ r c e n t , 16-year bond.
Averages of d a i l y f i g u r e s ; weekly f i g u r e s a r e f o r week ending Friday,