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REC'D IN FILES SECTION

OCT 1 5 1940

BOARD OF GOVERNORS
OF,THE
FEDERAL RESERVE SYSTEM
R&S MR 6 8 1

October 15, 1940
OPEN-MARKET RATES IN NEW YORK CITY

(Per c e n t p e r annum)
Week e n d i n g S a t u r d a y

P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , 4 t o 6 months)
B a n k e r s ! a c c e p t a n c e s ( p r i m e , 90 d a y s ) . .
Time l o a n s (Stock E x c h a n g e , 90 d a y s )
Rate on S t o c k - e x c h a n g e c a l l l o a n s : \J
New , , . .
..........
.
Renewal . . . . . .

G o t . 12
1940

Oct* 5

1/2-5/8

Sept ,14
1940

O c t . 14
1939

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

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

5/8-3/4
7/16
11/4

1.00

1.00

1,00
1,00

i;oo
1,00

1,00

.02

#04

7/16
1 1/4

1940

Average y i e l d on U n i t e d S t a t e s o b l i g a t i o n s
T r e a s u r y b i l l s (91 d a y s )
D e a l e r s ' q u o t a t i o n \J ,
New i s s u e «
T r e a s u r y n o t e s , 3 to 5 y e a r s l /
T r e a s u r y bonds, 12 y e a r s and over \J , , .

&

^45

2.09

Average y i e l d on c o r p o r a t e bonds:
Aaa ,
Baa

2.79
4,57

JL/
2/
3/

Averages of d a i l y f i g u r e s ,
Averages of d a i l y f i g u r e s , week
Rate n e g a t i v e .




1.00

.05

2,14

,05
,032
,50
2,20

2,66

2,79
4,59

2,83
4,69

3.20
4,92

,033

.86

Zj
.

ending F r i d a y ,