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JUN2 UI9<2

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

R&E m 763
June 23, 19L2
OPEK-mRKET MOIW RATES IK m " YORK CITY
(Per cent p e r annum)
Weekly f i g u r e s
June 2u,
19^2
P r e v a i l i n g r a t e on:
Commercial paper (prime, J4 t o 6 months) 5/8 Bankers' acceptances (prime, 90 days)
Time loans (Stock Exchange, $0 days) . i f f
Rate on Stock-exchange c a l l loans: if

Average y i e l d on high-grade corporate
bonds (Treasury s e r i e s ) ! / • & . . » V .
Average y i e l d on corporate bonds
(Moody's): 6/

Monthly f i g u r e s
May

19142

April

191+2

%

1 iA

1.00
1.00

1.00
1.00

.365

•361+

.46

.46

.1+9

3 / .1+5

1.17

1.17

1.03

.98

2.00
2,32
110.2

2.32
111.1

1.94

1.97
2.35

1.98
2.31+
110.5

2.76

2,77

2.85

2.83
1+.26

2.75

2.8b

4.33

l/

1.00
1.00

2 / .362

y

5/8 - 3/!+

i f f

1.00
1.00

United S t a t e s s e c u r i t i e s :
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, I9I4.2),
Yield on 3 t o 5 year t a x a b l e Treasury
Yield on Treasury bonds, 12 years
and over:
P a r t i a l l y tax-exempt bonds , , . .
Taxable bonds* . . , , . . . . , .

3/4

June I j ,
191+2

y

2.76

2.86

4.33

110.7

1+.27

.299

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 discount
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 ,
Zf 85-day b i l l s *
? / Average f o r A p r i l 15 t o $0#
Z4/ On June 15 number of i s s u e s included decreased from f i v e t o f o u r .
5 / Price derived from average y i e l d of p a r t i a l l y tax-exempt long-term
issues on b a s i s of a 2 3/1; per c e n t , l6-yoar bond*
6/ 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*