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REC r D IN FILES SECTION
O C T /I-1940
4
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 677
September 24,194-0
OPEN-MARKET RATES IN NEW YORK CITY
(Per cent per annum)
Week ending Saturday

Prevailing rate on:
Commercial paper (prime, 4 to 6 months) ,,
Bankers' acceptances (prime, 90 days) ,,,•
Time loans (Stock Exchange, 90 days) ,...,

Sept ,21
1940

Sept .14
1940

Aug. 24
1940

Sept ,23
1939

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

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

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

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

1.00
1,00

1.00
1,00

i;oo

1,00

1,00
1.00

.04
.013
.50
2,17

.05
.032
.50
2,20

.05
.028
.58
2.25

.13
.082
1.03
2.74

2.82
4,68

2,83
4.69

2,85
4,78

3.28
4.98

Rate on Stock-exchange call loans: l/
Renewal ..................................
Average yield on United States obligations;
Treasury bills (91 days)
Dealers' quotation Jl/
... •.
Treasury notes, 3 to 5 years \J
Average yield on corporate bonds; Z/

l/ Averages of dai ly f igures,
Tj/ Averages of daily figures, week ending Friday,