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IRSSC'D IN F E E S SECTION

BOARD OF GOVERNORS
OF THE
FEDERAL RESERVE SYSTEM

SEP9

1942

R&s m 79L

September 0 , I9I42
OPEN-!iARKET M013EY IbiTES IN NEW YORK CITY

(Per cent per annum) .

Weekly f i g u r e s
Sept. 5 /
191^
P r e v a i l i n g r a t e on:
Commercial paper (prime", I4 t o 6 m o n t h s )
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 Exchange, 90 d a y s ) . •
R a t e on S t o c k - e x c h a n g e c a l l l o a n s : l /
New • « . . . . . . • • • . • • • . • .
Renewal . . , . • , . . . • . . . . . .
United S t a t e s s e c u r i t i e s : i f
Rate on 3-month t a x a b l e T r e a s u r y b i l l s .
Y i e l d on c e r t i f i c a t e s of i n d e b t e d n e s s :
Due November 1, 19^2. . . . . • . . .
Due F e b r u a r y 1, 1943• • » • • , . . .
Duo August 1, I9U3
. . . .
Y i e l d on 3 t o 5 y e a r t a x a b l e T r e a s u r y
notes, . . . . . . . . . . . . . . . .
Y i e l d on T r e a s u r y b o n d s , 12 y e a r s
and o v e r :
P a r t i a l l y tax-exempt bonds, . . . . .
Taxable bonds . . . . . . . . . . , .
P r i c e of T r e a s u r y bonds 3 / , . • . . . .

5/e - ?A
7/16
1 iA
1.00
1.00

Aug. 29,
19U2

1 1A

1.00

l.oo

1 lA
1.00. •

1.00

1 1/U

1.00

1.00

.37

.U3

1.26

1.25

1.20

2.02
2.34

2.02

2.00

2.31+

.36
.50
.76

.36

•5h
.78

*57
2// .80

1.26

2.02

109.9

19UZ

.368

.367

2.3k

July

.370

.368

IO9.9

2.73

Average y i e l d on c o r p o r a t e bonds
(Moody's): h j
Aaa
. .
Baa* . . . . . . . . . . . . . . .

2.61

2.80

U.27

U.27

Averages of d a i l y f i g u r e s .

Aug.
19U2

5/8 - 3/h 5/8 - 3A 5/8 - 3A
7/16
7/16
7/16

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 ( T r e a s u r y s e r i e s ) l / , . . . . . .

l/

Monthly I i g u r c s

2.73

109.9

2.73

2.81

U.2Q

For T r e a s u r y b i l l s , a v e r a g e r a t o of

.61

2,314

110.2

2.71+

2.83

U.30

discount on issues offered within period.
2/ Average for August 15 to 31.
3 / Price derived from average vield of p a r t i a l l y tax-exempt long-term
issues on basis of a 2 3/l| por cent, 16-year bond.
h j Averages of daily f i g u r e s ; weekly figures are for week ending Friday.