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H O ' D W FILES S8CTXCM
J U N 2 31943
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 835
June 22, 1943
OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Per cent per annum)
Weekly
June 19, June 12,
19U3
1943
A v a i l i n g r a t e on;
V^ncrercial paper (prime, ij. to 6 months). .
Bankers 1 acceptances (prime, 90 d a y s ) . . .
Time loans (Stock Exchange, 90 days) . . .

Mon"ishly
Apr.
May
1943
1943

5 / 8 - 3 A 5/8 - 3 / 4 5/8 - 3 / 4 5/8 - 3/1
7/16
7/16
7/16
i % 6
1 1/4
11/4
1 lA

iate on Stock-exchange c a l l l o a n s : l /
1.00
1.00
Jnited S t a t e s Government s e c u r i t i e s : l /
Rate on 3-month Treasury b i l l s
. T . . .
Yield on 9- t o 12-month c e r t i f i c a t e s
Yield on 3- t o 5-year Treasury n o t e s . . .
Yield on Treasury bonds, 12 years and over :
P a r t i a l l y tax-exempt bonds
P r i c e of Treasury bonds 2/
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 ) l/. . . . . . . , .

• 374

1.00
1.00
• 374

1.00
1.00

1,00
1.00

• 373

.373

• 72
1.33

.71
1.33

.78
1.36

.78
1.39

1,85
2.28
112.4

1.86
2.30
112.3

I.92
2.30
111.4

2.02
2.32
109.9

2.63

2.64

2.65

2.66

2.72
3.89

2.73
3.89

2.74
3.91

2.76
3.96

.verage y i e l d on c o r p o r a t e bonds (Moody's) ; 3 /

l / Averages 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 .
2/ P r i c e d e r i v e d from average y i e l d of p a r t i a l l y tax-exempt longterm i s s u e s on b a s i s of a 2 3/1+ per cent 16-year bond,
3 / Averages of d a i l y f i g u r e s 5 weekly f i g u r e s a r e f o r week ending
Friday.