Full text of G.13 Selected Interest Rates : September 6, 1938

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BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 545
September 6, 1938
MONEY RATES
(Percent per annum)
1938
Aug.

July

Prevailing rate on:
Commercial paper (prime, 4 to 6 months)..
Bankers1 acceptances (prime, 90 days)..,.
Time loans (Stock Exchange, 90 days)

3/4
7/16
1 1/4

3/4
7/16
1 1/4

Rate on Stock-exchange call loans: l/
New
...................
Renewal

1.00
1.00

1.00
1.00

1.00
1.00

.06

.05

June

OPEN-MARKET RATES IN NEW YORK CITY

3/4-1
7/16
1 1/4

Average yield on United States obligations:
Treasury bills
91 days l/ (dealers1 quotation)........
Hew issue 2/< * <,»#
Treasury notes, 3-5 years l/ .............
Treasury bonds if
*.... ..........

.05
.71
2.32

.07
.05
.70
2.34

.67
2.31

Average yield on corporate bonds: l/
Aaa,
Baa.
..

3.18
5.49

3.22
5.63

3.26
6.25

2.16

2.27
3.28
4.12

2.36
3.38
4.14

....

.02

RATES CHARGED CUSTOMERS BY BANKS 5/
New York City.
Eight other northern and eastern cities....
Twenty-seven southern and western cities...

3.26
4.12

l/ Averages of daily figures; corporate bond yields recently revised back to
January 1937,
Z/ Rates shown for 1938 arc on 91-day bills; that for August 1937 is on 273-day
bills.
jV Weighted averages of prevailing rates.




• •
BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM
R&S MR 546
September 6, 1938

OPEN-MARKET MONEY RATES IN NEW YORK CITY
(Percent per annum)
Week ending Saturday

Prevailing rate on:
Commercial paper (prime, 4 to 6 months)...
Bankersf acceptances (prime, 90 days).....
Time loans (Stock Exchange, 90 days)
Rate on Stock-exchange call loans: l/
New.
......................
Renewal..

,

Aug • 6
1938

Sept. 4
1937

Sept. 3
1938

Aug, 27
1938

7/16
1 1/4

y4
7/16
1 1/4

3/4
7/l6
1 1/4

1
7/16
1 1/4

1.00

1.00

1.00
1.00

1.00
1.00

1.00
1.00

.06

Average yield on United States obligations:
Treasury bills
,
91 days l/ (dealers' quotation).........
New is sue 2/.
Treasury notes, 3-5 years l/^.............
Treasury bonds 3/

.05
.74
2.34

.06

.05
.72
2.31

.07
.04
.70
2.33

.45
.71
1.55
2.67

Average yield on corporate bonds: 3/
A
a
a
.
.
Baa.
....

3.18
5.50

3.18
5.49

3.18
5.46

3.26
4,96

l / Averages of daily figures.
12/ Rates shown for 1958 are on 91-day bills; that for
1937 is on 273-day bills
% /Averages
A trn (K/inofz-xdaily
-P r) ofigures,
-i T ir P4week
wnvtoending
o i»r/a<alrFriday.
c&ii rli virSeries
t1 TTvi ^revised
cnr FI c
s v» n c
o orl "K/nrr-i vtn -i >1
beginning
3/
~~
January 1937,