View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R & S MR 514
March 3, 1938
MONEY RATES
( P e r c e n t p e r annum)

1937

1938
Feb,

Jan,

1
7/16
1 1/4

1
7/16
1 1/4

1
7/16
1 1/4

3/4
5/16
11/4

1,00
1.00

1,00
1,00

1,00
1,00

1.00
1,00

.08
,08
1+09
2.4-6

.10
•10
1.13
2.47

r .11
,09
1,27
2.54

,15
. 08
1,22
2,31

3.23
6.31

3.20
6.19

3,23
5.95

3,22
4.54

2.34
3,29
4.09

2,36
3,37
4.16

2.40
3,36
4.15

2,41
3,43
4.15

Dec,

Feb.

OPEN-MARKET RATES IN NEW YORK CITY
P r e v a i l i n g r a t e on:
Commercial p a p e r ( p r i m e , 4 t o 6 m o n t h s ) , , .
B a n k e r s f a c c e p t a n c e s ( p r i m e , 90 d a y s ) . . . . .
Time l o a n s ( S t o c k Exchange, 90 d a y s ) . . . . . .
Rate on S t o c k - e x c h a n g e c a l l l o a n s : i f

Average y i e l d on U n i t e d S t a t e s o b l i g a t i o n s :
Treasury b i l l s

Average y i e l d on c o r p o r a t e b o n d s : l /
Aaa
RATES CHARGED CUSTOMERS BY BANKS 3 /
E i g h t o t h e r n o r t h e r n and e a s t e r n c i t i e s . . . »,
Twenty-seven s o u t h e r n and w e s t e r n c i t i e s . . . .

r—Revised,
l / Averages of d a i l y f i g u r e s .
2 / R a t e s shown, f o r 1938 and December 1937 a r e on 91-day b i l l s ; t h a t f o r F e b r u a r y
1937 i s on 273-day b i l l s .
j W e i g h t e d a v e r a g e s of p r e v a i l i n g r a t e s ,