Full text of G.13 Selected Interest Rates : November 22, 1938

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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 559
November 22, 1938

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 months).
Bankers ! acceptances (prime, 90 days) • • .
Time l o a n s (Stock Exchange, 90 d a y s ) . , , .
Rate on Stock-exchange c a l l l o a n s : l /
.
Average y i e l d on United S t a t e s obligations:
Treasury b i l l s

Average y i e l d on c o r p o r a t e bonds: 3 /

Nov. 19
1938

Nov. 12
1938

Oct. 22
1938

Nov. 20
1937

5/8-3/4
7/16
1 1/4

5/8-3/4
7/16
1 1/4

5/8-3/4
7/16
1 1/4

1
7/16
1 1/4

1.00
1.00

1.00
1.00

1.00
1.00

1.00
1.00

.04
.03
.73
2.31

,04
.03
.71
2.29

.04
.03
.67
2.28

.08
.12
1.28
2.59

3.09
5,20

3.10
5.24

3.14
5,33

3,24
5.75

l / Averages of d a i l y f i g u r e s .
</ Rates shown.for 1938 a r e on 91-day b i l l s ; t h a t f o r 1937 i s on t a x - d a t e b i l l s
maturing about March 16, 1938.
3 / Averages of d a i l y f i g u r e s , week ending F r i d a y ,