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e#
BOARD OP GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 589
m y 9, 1939

OPEN-MARKET MONEY RATES IN m v YORK CITY
(Percent per annum)
Week ending Saturday

Prevailing rat© on:
Commercial paper (prime, 4 to 6 months)*..
BankersT acceptances (prime, 90 days)....,
Rate on Stock-oxchange call loans; l/

Average yield on United States obligations:
Treasury bills (91 days)
Treasury notes, 3-5 years V # .
Average yield on corporate bonds: 3/

May 6
1939

Apr. 29
1939

Apr. 8
1939

May 7
1938

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

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

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

3/4-1
7/16
11/4

1.00
1.00

1.00
1.00

1.00
1.00

1.00
1.00

.03
.009
.47
2.24

.03
.012
.48
2.27

.03
.025
.49
2.31

.06
.029
.82
2.52

3.00
5.15

3.02
5.16

3.02
5.06

3.25
6.21

V Averages of daily figures.
2/ Rate negligible,
"%/ Averages of daily figures, viock ending Friday.