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REG'D II FILES SECTION
OCT 1 4 1 9 4 2

BOARD OF GOVERNORS
OP T HE
FEDERAL RESERVE SYSTEM

F

R&S MR 799
October 1$, 191+2

OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Per cent per annum)
Weekly
Oct, 10, Oct.
19U2
>w
Prevailing rate on:
Commercial paper (prime, U to 6 months) * . 5 / 8
Bankers f acceptances (prime, 90 days) , . .
Time loans (Stock Exchange, $0 days). * • • 1
Rate on Stock-exchange call loans: l/

United States securities: l/
Rate on 3-month Treasury bills• . . . . . .
Yield on certificates of indebtedness:

Due August 1, l^i^.3 • • • • • . . . # . • .
Yield on 3 to 5 year Treasury notes « . . .
Yield on Treasury bonds, 12 years
and over:
Taxable bonds • « « . «>. . * . • . . . •

- 3/1+

7/16
1/lj.
1.00
1.00

.373

Average yield on corporate bonds
(Moody's): k /

l/
2j
3/
h/

Monthly
Aug.
Sept.

19U2

W

5/8 - 3 A 5/8 - 3A 5 / 8 - 3 A
7/16
1 1/1+
iff
1.00
1.00

1.00
1.00

1.00
1.00

.369

.370

.370

.1+0
.50

.36
.149

.37
.57

.38
.1+9
.61+
.77
1.28

.61+
.78
1.28

1.27

2.05
2.31+

2.05
2.35

2.03
2.31+

IO9.5
Average yield on high-grade corporate

3,

IO9.5

.76

IO9.8

2 /

.80
1.25

2.02
2.3L
109.9

2.72

2.72

2.73

2.73

2.80
1+.25

2.80
1+.26

2.80
1+.26

2.81
U.28

Averages of daily figures. For Treasury bills, average rate of
discount on issues offered within period.
Average for August 15 to 31•
Price derived from average yield of partially tax-exempt long-term
issues on basis of a 2 3/4 per cent, l6-year bond.
Averages of daily figures; weekly figures are for week ending Friday.