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# •
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

R&S MR 578
March 7, 1939

OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Percent p e r annum)

Week ending Saturday

P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 t o 6 m o n t h s ) . , ,
Bankers 1 acceptances (prime, 90 d a y s ) . . , , .
Time l o a n s (Stock Exchange, 90 d a y s ) ' * * . . , •
Rate on St ockr exchange c a l l l o a n s : i f
NOW* *,** . . . . 4,#.
»4 * *
Renewalj m t m m m m •»./«« m m
..Ym

Mar* 4
1539

Feb, 25
1939

Feb# 4
1939

1/2-5/8
7/16
1 1/4

1/2-5/8
7/16
1 1/4

1/2-5/8
7/16
1 1/4

1.00

«

Average y i e l d on United S t a t e s o b l i g a t i o n s :
Treasury b i l l s (91 days)
Dealers T q u o t a t i o n l / .
N&w i s s u e t , , l ( , M M , , ( » M < M , / ,
Treasury n o t e s , 3-5 y e a r s
Treasury bonds # 12 years and over l / \ , • . , •
Average y i e l d on c o r p o r a t e bonds; 2 /
Aaa# . , ,
<M<MMMIMIMM<

1.00

.03

1*00

1.00

'1.00

1
7/16
1 1/4

1.00

.1,00

' .56
2.39

.03
' .004
1
.63
'2.43

.03
.004
.63
2.45

. 2.61

2.99
$.97

3.00
5.03

3.01
5,14

3.18
5.86

1

.000

l / Averages of d a i l y f i g u r e s ,
J / Averages of d a i l y f i g u r e s , week ending F r i d a y ,




1.00

Mar# 5
1938

.07
.073

1.00