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r—ms-ooo-ani. July 1, 1948 U. S. GOVERNMENT SECURITY YIELDS AND PRICES AND HIGH-GRADE CORPORATE BOND YIELDS . (Yields in per cent per annum) u . S . Government security yields Bonds' 9 - 12 3 - 5 ' year 3-month month 15 years 7 - 9 bills certifi- taxable years and over cates issues taxable taxable ; Period 1948 -r June 1 2 .. - - : " 3 . 4 ' 5 1/1.09 1.09 1.09 1.09 - ^ 1.83 1.83 1.84 1.84 2.39 2.39 2.39 2.40 1.47 1.47 1.46 1.46 1.46 1.84 1.84 1.84 1.85 1.87 1.46 1.09^ 1 . 0 9 2/1.47 i.kf 1.09 1.46 1.09 1.48 1.09 1.09 1.09 1.09 il.p9 1.09 101.5$ , 101.54 101.54 101.50 2.72 2.73 2.72 2.72 < 2.40 2.40 2.40 2.40 2.41 101.50 101.50 101.50 101.40 101.27 2.72 2.72 2.72, 2.71 2.72 1.87 1.87 1.86 1.86 1.87 2.41 2.41 2.40 2.40 2.41 101.28 101.32 101.36. 101.36 101.30 2.72 2.71 2.72 2.72 2.72 1.49 1.50 1.54 1.53 1.52 1.90 1.92 1.97 1.97 1.96 2 . 42 2.43 2.44 2.44 2.44 101.16 IOO.98 100.79 100.86 100.90 2.73 2.75 2.75 2.76 2.76 1.09 1.09 1.09 1.53 1.56 1.55 1.97 1.98 1.97 2.44 2.44; 2.44 100.80 100.79 100,83 2.76 2.76 2.78 1.09 1.09 1.09 1.09 1.46 1.46 1.47 1.52 1.84 1.85 1,87 1.94 2.39 2.40 2.41 2.43 101.54 101.43 101.32 100.94 2.72 2.72 2.72 2.75 1.09 1.49 1.89 2.41 101.23 2.73 Closed 1.09 1.09 1.09 1.09" 1.09 7 8 9 -10 11 • 12 14 15 16 17 18 19 1.45 1.46 1.46 1.46 Price ofr Yieia~6IT~ longhighterm grade Treasury corporate bonds bonds Closed « Closed 21 22 23 24 25 26 . Closed 28 29, 30 Weekly average: 5 , 12 19 26 .998 ... .998 .998 .997 Monthly average .998 ! ! 1 ! ';1/ Issues included changed on June 1. 2/ Issues included decreased from 3 to 2 on June 15. GOVERNMENT FINANCE SECTION, BOARD OF GOVERNORS ,