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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 67,3
September 3, 1940
OPEN-MARKET RATES IN NEW YORK CITY
(Per cent per annum)
Week ending Saturday
Aug. 31
1940

Aug. 24
1940

Aug. 3
1940

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

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

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

P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 to 6 months) . .
Bankers* acceptances (prime, 90 days) . . . .
Time loans (Stock Exchange, 90 days)
Rate on Stock-exchange c a l l l o a n s : l /
New .
.
.
Re newal
..........
Average y i e l d on United S t a t e s o b l i g a t i o n s :
Treasury b i l l s (91 days)

Treasury bonds, 12 years and over l / . . . . .
Average y i e l d on c o r p o r a t e bonds;

,

2/
:

l/
2/

1.00
1.00

1.00
1.00

1.00
1.00

1.00
1.00

.05
.036 .
.54
2.23

.05 |
.028
.58
2,25

.04
.004
.58
2.24

,09
.106
.68
2.33

2.84
4.75

2.85
4.78

2.87
4.77

3.00
4.99

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 ending F r i d a y .




Sept. L
1939