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BOARD OP GOVERNORS
OF TIE
FEDERAL RESERVE SYSTEM

I
-

w.'wuss smmdN:
DEC-

11943

|

J

November JO, 19U3
OPEN-MARKET MONEY RATES IN N W YORK CITY
E
(Per cent per annum)
Weekly
Nov. 27, Nov. 20,
19U3
19U3
P r e v a i l i n g r a t e on:
Commercial paper (prime, I4. t o 6 months). .
Bankers 1 acceptances (prime, QO d a y s ) . . .
Time loans (Stock Exchange, 90 days) . . .
Rate on Stock-exchange c a l l l o a n s : l /

United S t a t e s Government s e c u r i t i e s : l /
Rate on 3-month Treasury b i l l s . . . . . .
Yield on 9 - t o 12-month c e r t i f i c a t e s

Monthly
Sept.
Oct,
19U3
19U3

5/8 - 3 A 5A - 3A 5/8 - 3 A 5/8 - 3/U
7/l6
7/16
1 iA

1.00
1.00
.375

1.00
1.00
.376

1 1/U

1.00
1.00

1,00

1.00
.375

.375

• 75

.77
1.29

.78
1.31

.77
1.31

1.86
2.33

1.86
2.33
112.3

1.81
2.30

1.00
2.30

2.61

2.61

2.60

2.59

2.72
3.83

Yield o n ' 3 - t o 5""year Treasury notes . . .
Yield on Treasury bonds, 12 years
and over:

3.8U

2.71

2.70
3.82

2.69

1.29

112.3
Average y i e l d on high-grade c o r p o r a t e
bonds (Treasury s e r i e s ) l /

113.0

113.2

Average y i e l d on c o r p o r a t e bonds
(Moody 1 s): 3 /

1/
discount on
2/
term i s s u e s
2/
Friday.

3.83

Average of d a i l y f i g u r e s . For Treasury b i l l s , average r a t e of
issues offered within period,
P r i c e derived from average y i e l d of p a r t i a l l y tax-exempt longon b a s i s of a 2 3 / t per cent 16-year bond.
Averages of d a i l y f i g u r e s ; weekly f i g u r e s are f o r week ending