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testern

wimn smmm
OCT ^ 6 1943

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

R&s m 853
October 26, 1.9U3
OPEN-MARKET MONEY RATES III NEW YORK CITY
(Per cent per annum)
Weekly
Oct. 23, Oct. lfc,
19U3
1913
P r e v a i l i n g r a t e on:
Commercial paper (prime, k to 6 months). .
Bankers' acceptances (prime, 90 d a y s ) , . .
Time loans (Stock Exchange, 90 days) . . .
Rate on Stock-exchange c a l l loans: l /

Average y i e l d on h i g h - g r a d e c o r p o r a t e
bonds (Treasury s e r i e s ) l / ,

,

3/h

r
1.00
1.00

United S t a t e s Government s e c u r i t i e s :
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
of indebtedness
. .
Yield on 3- t o 5 - y e a r Treasury notes . . .
Yield on Treasury bonds, 12 years
and over 1
Price of Treasury bonds 2^ . . . . . . . .

5/8 -

.

.375

.79
1.31

Monthly
Sept.
Aug.
191+3
19U3

5/8 - 3/ij 5/fc - 3/li 5/8 - 3 A
i %

6

1.00
1.00

.375
•81*
1.32

1 Iti6
1.00
1.00

I %

6

l.oo
l.'OO

.375

.375
.77
1.51

.75
1.29

1.81
2.30
113.0

1.B1
2.30
II3.O

1.80
2.30
113.2

1.83
2.28
112.7

2.59

2.60

2.59

2.57

2.70
3.81

2.70
3,82

2.69
3.83

£'.69
3.81

Average y i e l d on c o r p o r a t e bonds
(Moody's): 3 /
Baa

1! Average of d a i l y f i g u r e s . For Treasury b i l l s ,
discount on i s s u e s o f f e r e d w i t h i n p ^ l o d .
2 / P r i c e derived from a v e r t r . ,/u'ld of p a r t i u l l y
term i s s u e s on bar i s of a 2
ix.r c . n t 16-year bond.
3 / Averages of d a i l y f i g u r e s ;
vlrly f i b r e s ure
Friday,
*
lumber of i s s u e s included i r c r e a s e d from 1 t o
and from 2 t o 3 on October ![;.



average r a t e of
tax-exemot longfor v/eek ending
2 on October 11