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R&S 100-1*023 September U, 1951 I U. S. GOVERNMENT SECURITY YIELDS AND PRICES AND HIGH-GRADE CORPORATE BOND YIELDS ! (Yields in per cent per annum) Price of 1 Yields on U. S. Government security yields highBonds long9-12 3-5 grade year 3-month month 15 years term bills taxable taxable and over Treasury• corporate bonds bonds . issues taxable issues Period 1951 - Aug. 1 2 3 h 6 7 8 9 10 11 1.72 1.7k 1.73 1.93 1.93 1.92 2,62 2,62 2.60 98.06 98.06 98.32 2.89 2.89 2.89 1.73 1.73 1.73 1.73 1.71 1.92 1.92 1,91 1.90 1.90 2.60 2.60 2.58 2.58 2.58 98.1(6 98.1A 98.72 98.75 98.79 2.88 2.88 2.87 2.87 2.87 1.73 1.71 1.71 1.69 1.69 1.91 1.90 1.90 1^89 1.88 2.58 2.57 2.55 2.55 2.55 98.77 98.88 .99.25 99.22 99.22 2.86 2.86 2.81t 2.8I1 2,8k li69 1.69 1.69 1,67 1,67 1.89 1.88 1.87 1.86 1.87 2.55 2^56 2.55 2.55 2.55 99.13 99i03 99.09 99.21 99.15 2.81i 2.81. 2.8b 2.85 2.85 1.68 1.68 1.68 1.68 1,66 1.87 1.87 1.87 1.87 1.87 2.55 2.55 2.55 2.5L 2,53 99.15 99.20 99.19 99.25 99.38 2.86 2.86 2.86 2.86 2.86 1.611 - 1,652 1.660 1.651 1.6U5 1.72 1.73 1.71 1.68 1.68 1.93 1.91 1.90 1.87 1.87 2.62 2.59 .2.56 2.55 2.55 98.07 98.63 99.07 99.12 99.23 2.89 2.87 2.85 2.81* 2.86 I.6I1U 1.70 1,89 2.57 I.61I Closed 1.652 Closed 13 Ik ^ .15 16 17 18 1.660 Closed 20 21 22 23 1.651 25 Closed 2h 27 28 29 30 , 31 Weekly average: Aug. k 11 , 18 25 Sept. 1 Monthly average , 1.615 J GOVERNMENT FINANCE SECTION, BOARD OF GOVERNORS 98.90 1 2.86 i -