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F E D E R A L

R E S E R V E

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B O A R D
R& s m
March 10, 1930

MONEY RATES—OPEN-imRKET RATES IN NEW YORK CITY
Open-market rates

Week ending
Mar; g. 1910

Prevailing rate oni
Commercial paper (prime,
4 to 6 months).., , a . a .,.
- 4f
• Bankers1 acceptances (prime
90 days),..
3 3/8-3!
Time loans (stock exchange,
90 days)
4^-4$
Average rate on call loans
(Stock exchange):
New .
Renewal.
Average' yield -on:
U . S . Treasury notes and
certificates ( 4 to 6
months)
U. S. Treasury bonds (3
long-term issues)




Week ago

Month ago

4f
3f

H

- 4|

4f - 5
3$ - 3 7/S

Year ago

5-1
54

4f - 5

7l

5.84
LOO

4.28
4.40

4.22
4.4o

9.80
8.80

3-05

3.06

3.58

4.43

3.44

3.49

3.^9

3-73