Market prices and yields of outstanding bonds, notes and bills of the United States, during - 1940

MISSING IMAGE

Material Information

Title:
Market prices and yields of outstanding bonds, notes and bills of the United States, during - 1940
Physical Description:
v. : ; 36 cm.
Language:
English
Creator:
United States -- Dept. of the Treasury. -- Office of the Secretary
Publisher:
U.S. G.P.O.
Place of Publication:
S.l
Creation Date:
May 1940
Publication Date:
Frequency:
monthly
regular

Subjects

Subjects / Keywords:
Bonds -- Periodicals -- United States   ( lcsh )
Debts, Public -- Periodicals -- United States   ( lcsh )
Genre:
serial   ( sobekcm )
statistics   ( marcgt )
federal government publication   ( marcgt )
periodical   ( marcgt )

Notes

Dates or Sequential Designation:
Feb. 1935-Aug. 1941.
General Note:
At head of title: U.S. Treasury Department, Office of the Secretary.
General Note:
Title from caption.
Citation/Reference:
Picklist T62_7B

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
oclc - 12058956
lccn - sn 85018883
Classification:
lcc - HG4931 .A35
ddc - 336.31 fU677
System ID:
AA00000591:00062

Related Items

Preceded by:
Market prices and yields of outstanding, bonds, notes, certificates, and bills of the United States during ...
Succeeded by:
Prices and yields of public marketable securities issued by the United States government and by federal agencies

Full Text






U... ....... U. S. TREASURY DEPARTMENT

OFFICE OF THE SECRETARY

MAI4KET PRICES AND- YIELDS OF OUTSTANDING BONDS, NOTES, AND BILLS OF THE UNITED STATES DURING
S .... I MAY 1940



SU.S. DEPO TORY RV OUTSTAND-
SU.S. I RATE, ING MAY 31

CLASS OF SECURITY PER- DATE OF MATURITY INTEREST PAYABLE (BASIS, DAILY
CENT TREASURY
STATE-
MENTS)


Bonds:
Panama Canal loan, 1961 ------- 3 June 1, 1961 -------------- Quarterly, Mar. 1, etc ..------------.. $49, 800, 000
Treasury bonds:
1947-52 --------- 4% Oct. 15, 1947-52 ----------15th of April and October-------- 758, 945, 800
1944-54 ------------------- 4 Dec. 15, 1944-54 ---------- 15th of June and December ------- 1, 036, 692, 400
1946-56 ------------------- 3% Mar. 15, 1946-56 ---------15th of March and September -- --- 489, 080, 100
1943-47 ------------------- 33% June 15, 1943-47 --------- 15th of June and December -------. 454, 135, 200
1940-43--------------- 3% June 15, 1940-43 --------------do------------------------- 352, 993, 450
1941-43 3------------------ Mar. 15, 1941-43 --------- 15th of March and September -----.. 544, 870, 050
1946-49 --------- 3% June 15, 1946-49 ----------15th of June and December------- 818, 627, 000
1951-55 -------------- 3 Sept. 15, 1951-55 -------- 15th of March and September---- 755, 432, 000
1941---------------------- 3% Aug. 1, 1941 -------------- 1st of February and August ----.. -- 834, 453, 200
1943-45 ------------------- 3 Oct. 15, 1943-45 --------- 15th of April and October --------1,400, 528, 250
1944-46 ------------------ 3% Apr. 15, 1944-46 ---------------do------------------------- 1,518, 737, 650
1946-48- ---------------- 3 June 15, 1946-48 ---------- 15th of June and December ------ 1,035, 873, 400
1949-52------------------- 3% Dec. 15, 1949-52 --------------do ------------------------- 491, 375, 100
1955-60------------------- 2% Mar. 15, 1955-60 --------- 15th of March and September 2, 611, 092, 650
1945-47------------------- 2% Sept. 15, 1945-47 ------------do------------------------- 1, 214, 428, 950
1948-51------------------- 2% Mar. 15, 1948-51 -------------do ----------------------- 1,223,495,850
1951-54-------------------- 2% June 15, 1951-54 ---------- 15th of June and December ------ 1, 626, 687, 150
1956-59 ------------------ 2% Sept. 15, 1956-59 -------- 15th of March and September ----- 981,826, 550
1949-53------------------- 2 Dec. 15, 1949-53 ----------15th of June and December -------.. 1, 786, 134, 150
1945 ---------------------- 2% Dec. 15, 1945 ------------------do ------------------------ 540, 843, 550
1948--------------------- 2% Sept. 15, 1948 ----------- 15th of March and September ----- 450, 978, 400
1958-63 --- ------ 2% June 15, 1958-63 ----------15th of June and December ------- 918, 780, 600
1950-52------------------- 2% Sept. 15, 1950-52 ---------- 15th of March and September 1, 185, 841, 700
1960-65--------- 2% Dec. 15, 1960-65 ----------15th of June and December ------- 1, 485, 385, 100
1947 ----------------2 Dec. 15, 1947 ------------- ----- do ------------------------ 701, 074, 400
1948-50 ------------------ 2 Dec. 15, 1948-50 --------------do ------------------------ 571, 431, 150
1951-53------------------- 2% Dec. 15, 1951-53 --------------do -----------------------1, 118, 051, 100
Treasury notes:
Series B-1940 ------------- 1% June 15, 1940 ------------------do ------------------------ 20, 404, 200
Series 0-1940----------------- 1% Dec. 15, 1940------------- -----do ------------------------ 737, 161, 600
Series A-1941 -------------1% Mar. 15, 1941 ------------15th of March and September -- 676, 707, 600
Series B-1941 ----------------- 1% June 15, 1941 -------------15th of June and December ------- 503, 877, 500
Series C-1941 ----------- 1% Dec. 15, 1941 ------------------do ---......---------------------- 204, 425, 400
Series A-1942 --------------1% Mar. 15, 1942 ------------15th of March and September ----- 426, 349, 500
Series B-1942 ----------------- 2 Sept. 15, 1942 ---------------..do 342, 143, 300
Series C-1942 ---------1------ 1% Dec. 15, 1942 -------------15th of June and December ------- 232, 375, 200
Series A-1943 ----------- 1% June 15, 1943 ------------------do ------------------------- 629, 116, 400
Series B-1943----------------- 1% Dec. 15, 1943 ------------------do ------------------------- 420, 972, 500
Series A-1944 ----------------- June 15, 1944 ------------------do 415, 519, 500
Series B-1944 -------------1 Mar. 15, 1944 ------------15th of March and September--- 515, 210, 900
Series C-1944 ----------------- 1 Sept. 15, 1944 ----------- ---do 283, 006, 000
Series A-1945 ----------------- Mar. 15, 1945 ------------------do ------------------------ 718, 024, 200
Treasury bills:
Thirteen series --------------- --------Various -------------------------------------------------- 1, 304, 436, 000


Interest-bearing debt outstanding:
Total of above items -------------------- ---------------------------------------------------$34, 387, 324, 700
Other interest-bearing debt ..---------------------------------------------------------------- 7, 865, 353,772
Matured debt on which interest has ceased ------------------------------------------------------------ 166, 411, 565
Debt bearing no interest ------------------------------------------------------------------------- 388, 675, 616

Total gross debt -------------------------------------------------------------------------- 42, 807, 765, 653

The yields herein presented are computed for Treasury bonds on the basis of closing prices; for the Panama Canal loan and
Treasury notes on the average of bid and asked prices; for Treasury bills on the average of the bid and asked discount (as quoted
in the market and on a bank-discount basis, i. e., on the basis of a 360-day year). In the case of securities for which there is no
offering, yields are based on the bid price only. The yields for each issue are computed on the basis of a 365-day year.


"-PJuiflnei iitl Treasrybl 5, 14%%
June 1, 1961' June 15, 1940-43


Market price


Bid Asked


Yield


Yield to-


Call Matu-
rity


Treasury bonds; 3%%, T Treasury bonds, Treasury bonds 3%%,
Mar. 15. 1941-43 Aug. 1, 1941 June 15, 1943-47


Yield to-


Call Matu-
C rity


Yield to-


Call Main-


Yield to-


Call Matu-
rity


*-- 1- 1 1- I- 1 -- 1 I* II I I I


123.00
123.00
123. 00
123. 00
123 00

123. 00
123. 00
123.00
123.00
123.00

122. 00
122. 00
120. 00
120. 00
120.00
120.00
120.00
120. 00
120.00
120. 00
120.00
120.00

120. 00
120. 00'
120. 00

120. 00
'iko.66'


Percent
1.70
1.70
1.70
1.70
1.70
1.70
1.70
1.70
1.70
1.70
1. 75
1.75
1.85
1.85
1.85
1.85

1.85
1.85
1.85
1.85
1.85
1.85

1.85
1.85
1.85
1. 85"


*101. 10
*101. 10
*101. 08
*101. 08

101.03

101. 04
*100. 30
100.20
100. 18

100. 16
100.17
100. 18
100. 28
*100. 25
*100. 28

100. 22
100.22
*100. 22

100. 20
*100. 22

*100. 22
*100.21
100.19

*100. 20


Percent
Neg.
Neg.
Neg.
Neg.

Neg.
Neg.
Neg.
Neg.
Neg.
Neg.

Neg.
Neg.
Neg.
Neg.
Neg.
Neg.

Neg.
Neg.
Neg.
Neg.
Neg.
Neg.
Neg.
Neg.
Neg.

Neg.


Percent
........
_......
..
_

.
.
..
....
..
_

......
....
_
. _
. ......
_ ......

....
.......
..
..
....
...

..
..
.

......


*103.15
*103. 14
*103. 12
*103. 11

'103. 10i
103.09
*103.10
103. 08
103.04
103. 02

102. 28
102. 22
102.23
102.25
*102. 27
*102. 26

102. 27
102. 24
102. 26
102.31
102.23
102.24

*102. 29
102. 30
102.27

*102. 28


Percent
Neg.
Neg.
Neg.
Neg.

Neg.
Neg.
Neg.
Neg.
Neg.
Neg.

Neg.
.16
.11
.03
Neg.
Neg.

Neg.
.01
Neg.
Neg.
.02
Neg.

Neg.
Neg.
Neg.

Neg.


121.10 .------. 1.78 100.27 Neg. .....---. 103.00 Neg.


Percent
2.12
2.13
2.15
2.16

2.17
2.18
2.17
2.19
2.24
2.26

2.32
2.39
2.38
2.35
2.33
2.34
2.-33
2.36
2.34
2.28
2.37
2.36
2. 30
2.28
2.32
2.30


*104.14
104. 13
104.11
*104. 11

*104. 09
*104. 10
*104. 09
*104. 09
104.00
*104. 00

104. 00
103.25
103.23
103. 25
103.27
*103.28

103. 28
103. 25
103. 26
*103. 25
*103. 24
103.23

*'103. 26
*103. 23
*103. 22

*103. 21


Percent
Neg.
Neg.
Neg.
Neg.

Neg.
Neg.
Neg.
Neg.
Neg.
Neg.

Neg.
.14
.18
.13
.07
.04

.02
.09
.06
.08
.10
.11

.02
.09
.11
.12


Percent
........
_ _....
.... ...
........

...... _
........
_ _._..
_
........
........

_
_.....
_...
........
........
_ ......

........
........
........
........
........
.......

.. .....
........
......

.. ....


*109. 12
*109.11
*109. 09
*109. 08

109.07
*109. 08
*109. 07
109.05
108. 23
*108. 25

108. 13
*107. 26
107. 23
107. 24
107. 25
*107.27

*107. 28
*107. 22
107. 22
*107. 23
*107. 22
107.21

*107. 22
*107. 19
*107.20

107.16


2.27 103.25 --------.------- 108.09


Percent
0.35
.36
.38
.38
.39
.38
.38
.40
.53
.51
.62
.81
.84
.82
.81
.79
.78
.83
.83
.82
.83
.83
.82
.85
.83
.87


Percent
1.96
1.96
1.97
1.97

1.98
1.97
1.98
1. 99
2.05
2.04
2.09
2.18
2.19
2.19
2.18
2.17
2.17
2.19
2.19
2.19
2.19
2.20
2. 19
2.21
2.20
2.22


Treasury bonds, 854%,
Oct. 15, 1943-45


*109. 23
*109. 22
109. 19
109.16

109. 18
*109. 18
109. 14
*109. 16
108. 30
108.28

108. 16
108. 02
107. 28
107.27
108. 01
107. 31

108. 05
107.27
107.24
107.24
107. 22
107.22

107. 22
107.19
107.17

107. 16


2.11 108.15


Yield to-


all Matu-
C rity


Percent
0. 41
.42
.45
.47
.45
.45
.48
.46
.61
.63
.73
.85
.91
.91
.86
.87
82
.90
.93
.93
.94
.94
.94
.96
98
.98


Percent
1.39
1.40
1.41
1.43

1.42
1. 42
1.44
1.43
1.53
1.54

1.601
1.69
1.72
1.73
1.69
1. 70
1.67T
1. 72
1.74
1.74
1. 75
1.75
1. 75
1. 76.
1. 78
1. 78


Day
(May 1940)


13
1------------
2
3 -----------
4 ------------
58-----------
6------------
7 ------
8 ----------
9--------------
10 -------------
11----------
12 --------
13 ---.
14 3
14-----------
15-------
16------
17---------
18-------------
19-------
20
21
22 ------
23-----------
24-----------
25
294
26--------
27-------
28-----------
29 ............-------
30C---------
31-------------

Average----


I Closing price not regularly available-
* No sale. Mean of bid and asked. Where mean results in a fraction of a thirty-second, the figure is raised or lowered to the nearest even whole number of thirty-seconds.
NOTE.-Throughout this form, price decimals for bonds and notes represent thirty-seconds; s, Sunday; c, closed.
243075-4 0


I / I /


I


I I I / I ) I ( I


I


I


I


I


I


I


~I












Market prices and yields of outstanding bonds, notes, and bills of the United States during May 1940-Continued

Treasury bonds, 31/4%, Treasury bonds, 4%, Treasury bonds, 2%%, Treasury bonds, 2%%, Treasury bonds, 33%%. Treasury bonds, 3%
Apr. 15, 1944-46 Dec. 15,1944-54 Sept. 15, 1945-47 Dec. 15,1945 Mar. 15, 1946-56 June 15,1946-48

Day Yield to Yield to Yield to Yield to Yield to Yield to
Closing Closing Closing Closing Closing Closing
price Call Matu- price all Mat- price Call MMatu- price Call Matu- price Call Matu-
Call rity Call ty rity Call ty Call rity Call rity

Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent
1................ 110.17 0.56 1.40 '114.26 0.74 2.76 *109.18 0.92 1.38 *109.02 0.85 .---...... *114.29 1.12 2.60 111.08 1.10 1.52
2 ...-...........-----------.. *110.17 .55 1.40 114.24 .75 2.77 *109.19 .92 1.38 *109.03 .84 ---........ *115.00 1.10 2.59 111.08 1.09 1.52
3---------..........------...... 110.15 .57 1.41 *114.24 .74 2.77 109.18 .92 1.38 '109.00 .86 ---..--.... *114.27 1.13 2.60 111.08 1.09 1.52
4................ 110.11 .60 1.43 *114.22 .76 2.77 *109. 15 .94 1.39 *108.31 .86 ---....... *114.27 1.13 2.60 *111.06 1. 10 1.53
56------------ ---------- --------------- -------- -------- ------- -------- -------- -------- ------ --- --- --------
6 --------------- *110.14 .57 1.41 114.20 .76 2.78 109.16 .93 1.39 '109.00 .85 -------- 114.28 1.12 2.60 *111.08 1.09 1.52
7-...........----------..... 110.12 .58 1.42 '114.22 .75 2.77 109.14 .94 1.40 '109.00 .85 -------- '114.30 1.11 2.59 *111.08 1.09 1.52
8-------...............---------. 110.10 .60 1.43 114.19 .77 2.78 109.14 .94 1.39 *108.30 .86 ....---.... *114.30 1.11 2.59 *111.08 1.09 1.52
...............--------- *110. 12 .58 1.42 *114.22 .75 2.77 109.14 .94 1.39 '108.30 .86 ---........ 114.30 1.11 2.59 111.07 1.09 1.52
10............... ----- 109.26 .71 1.51 114.02 .87 2.82 *108. 30 1.03 1.46 108.16 .94 ---....... 114.13 1.19 2.63 110.23 1.17 1. 58
11---...........-... -- 109.26 .71 1.51 113.28 .91 2.83 *108.30 1.03 1.46 '108.10 .97 ------.... 114.09 1.21 2.64 *110.20 1.19 1.60
12*---- ------- ------ -- -- ---- ---- --- ------- --- --- ------- -- -- -- ------- ---- -- --
13 --------------- 109.16 .79 1.56 113.09 1.03 2.88 108.22 1.07 1.60 108.00 1.02 L --- '-*113.26 1.29 2.67 110.04 1.27 1.66
14-------------- 108.30 .92 1.66 112.27 1.12 2.91 107.12 1.31 1.68 107.16 1.11 -...---- 112.30 1.43 2.74 109.19 1.35 1.72
15------.---............. 108.28 .94 1.67 112.12 1.22 2.95 107.12 1.31 1.68 107.01 1.19 ........---- 112.10 1.54 2.78 *109. 02 1.44 1.79
16.........----------...... 108.30 .92 1.66 112.14 1.20 2.94 107.08 1.34 1.69 '107.00 1.20 ....----.... 112.12 1.52 2.78 108.29 1.46 1.81
17-.....-----.-----......... 108.31 .91 1.65 112.18 1.17 2.93 107.10 1.32 1.69 *107.03 1.18 ..--... *112.16 1.50 2.77 108.28 1.47 1.81
18.--.........---------... 108.27 .94 1.67 112.11 1.22 2.95 *107.09 1.33 1.69 *106.30 1.21 ..--...... 112.12 1.52 2.78 108.23 1.49 1.83
19*----------------------------------------------------------- -------- -------- ------- ------- -------- ---------------- -------- ---------------- -----
20--------.. ------- 108.30 .91 1.65 112.16 1.18 2.94 107.06 1.35 1.70 107.00 1.20 L --.-- 112.17 1.49 2.77 '108.31 1.45 1.80
21 --------------- 108.22 .98 1.70 112.11 1.21 2.95 107.04 1.36 1.71 107.04 1.17 ...--------.. 112.10 1.53 2.78 108.24 1.49 1.83
22. --------------- 108.19 1.00 1.71 112.01 1.28 2.98 107.00 1.38 1.73 106.20 1.26 ------- *112.08 1.54 2.79 108.22 1.50 1.84
23 --------------- 108.20 .99 1.71 111.28 1.31 2.99 106.30 1.39 1.74 106.20 1.26 ....-----.... 112.04 1.56 2.80 108.15 1.53 1.86
24--------------- 108.12 1.05 1.75 111.27 1.32 2.99 *160.30 1.39 1.74 *106. 20 1.26 -------..... 111.31 1.59 2.81 *108.15 1.53 1.86
25----------....... --.... 108.16 1.02 1.73 *111. 30 1.29 2.98 106.30 1.39 1.74 106.25 1.23 ---......-- '112. 00 1.58 2.80 *108.17 1.52 1.86
26------- --- --- --- ---- --- --- ---- ---- ---- ---- ---- --- ------ --- --- --- ---- ----
27---------------108.14 1.03 1.74 111.30 1.29 2.98 107.03 1.36 1.71 '106.25 1.23 ------- *112.04 1.56 2.80 *108. 18 1.51 1.85
28.--------------- 108.07 1.08 1.77 111.21 1.35 3.00 106.29 1.39 1.74 *106.16 1.28 ......----. 111.20 1.64 2.83 108.12 1.54 1.87
29 --------------- 108.07 1.08 1.77 111.25 1.32 2.99 100.30 1.39 1.73 '106.21 1.25 ------- *111. 31 1.68 2.81 *108.15 1.53 1.86
30c--------------------------- -------------- .... -.-.----------------------.-...- -- ---.-- -
31 --------108.04 1.10 1.79 111.24 1.33 3.00 106.26 1.41 1.75 '106.18 1.27 Ill- 111.22 .63 2.83 *108.10 1.55 188
Average- 109. 10 .83 1.60 113.04 1.06 2.89 108.01 1.19 1.59 107.22 1.08 ----........ 113.08 1.38 2.71 109. 22 1.34 1.71


Treasury bonds, 3%1%, Treasury bonds, 41/4%, Treasury bonds, 2%, Treasury bonds, 23/%, Treasury bonds, 21,%, Treasury bonds, 2%,
June 15,1946-49 Oct. 15,1947-52 Dec. 15,1947 Mar. 15, 1948-51 Sept. 15,1948 Dec. 15. 1948-50

Day
(May 1940) Yield to- Yield to- Yield to- Yield to- Yield to- Yield to-
Closing sing Closing Closing Closing Closing
price Call Matu- price Call Mat-. price Mat-Call Matu- price Call Matu- price Matu-
Call Call Call rity rity Call rity all rity

Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent
1 -------- *112. 00 1.09 1.70 *120.25 1. 32 2.32 105.13 1.25 -------- 109.00 1. 53 1.83 108.20 1.40 .......-------- 104.05 1.48 1.57
2--------.............------- *112. 00 1.09 1.70 121.00 1.29 2.30 *105.21 1.22 -.......- 109.04 1.52 1.82 108.25 1.39 '104.14 1.45 1.55
3 .......---------.-----.... *111. 26 1.12 1.72 *120.27 1.31 2.31 *105.14 1.25 -...--*108.28 1.55 1.85 *108. 18 1.41 ----...... 104.08 1.47 1.56
4-...---..-----------.. *111. 27 1.12 1.72 120.25 1.31 2.32 *105. 10 1.27- ..- ... *108. 26 1.56 1.85 *108.16 1.42 *104.04 1.49 1.58
5 -.- ---- -- -
6---------------- 111.29 1.10 1.71 120.26 1.31 2.31 *105.14 1.25 -.. *108.30 1.54 1.84 *108.20 1.40 ........ *1-'04.08 1.47 1.56
7 -------..------ 111.27 1.11 1.71 120.27 1.30 2.31 *105.16 1.24 -------- 108.31 1.53 1.84 108.19 1.41 ........ *104.08 1.47 1.56
8.....-----.---------....... *111.30 1.10 1.70 120.29 1.29 2.31 *105.16 1.24 -.. *109.02 1.52 1.83 *108.22 1.39 ........ *104.10 1.46 1.56
9 ---------------- 111.29 1.10 1.71 *120.30 1.29 2.30 *105.18 1.23 .......- *109.0 1.51 1.82 *108.24 1.39 .-...... *104.13 1.45 1.55
10 ---.--------- 111.15 1.17 1.76 120.14 1.35 2.35 *104.26 1.33 ..---- *108.10 1.62 1.90 107.24 1.51 ----........ 103.10 1.59 1.66
11..... ..---...-- 111.06 1.22 1.79 120.09 1.37 2.36 *104.23 1.34 -....... *108.06 1.63 1.91 *107.26 1.50 --------...... 103.08 1.59 1.66
12.?t-------------------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- ---- --------
13 --------------- 110.24 1.28 1.83 119.22 1.44 2.41 104.14 1.38 -------- 107.19 1.71 1.97 107.02 1.590 ...... 102.28 1.64 1.70
14--------------- 109.15 1.49 1.98 118.20 1.58 2.50 103.30 1.45 ------- 106.30 1.80 2.03 106.21 1.64 ........ 101.29 1.76 1.80
15-........-------------- 109.15 1.49 1.98 118.20 1.658 2.50 103.18 1.50 -- 106.18 1.85 2.07 *106.13 1.67 ........ 102.10 1.71 1.76
16 -------------- 109.16 1.49 1.98 118.14 1.60 2.51 *103.15 1.51 ---- -. 106.16 1.85 2.08 106.10 1.68 ....... 101.30 1.76 1.80
17--------------- 109.12 1. 51 1.99 118.08 1.63 2.53 103.18 1.50 .......-------- 106.18 1.85 2.07 *106.06 1.70 ....... 101.31 1.75 1.79
18---------- -----109.16 1.48 1.98 118.09 1.62 2.52 103.18 1. 50 106.07 1.89 2.10 *106.03 1.71-------...... 101.25 1.78 1.81
19s .- -- -----
20 --------------- 109. 16 1.48 1. 98 118. 12 1.61 2. 52 103.20 1.49 -------- 106. 18 1.84 2. 07 *106. 10 1.68 ........ 102.04 1. 73 1.78
21--------------- 109.08 1.52 2.00 118.00 1.66 2.55 103.02 1.57 106.02 1.91 2.12 *105.26 1.75 .......-------- 101.17 1.81 1.84
22 -- ------- 109.04 1.54 2.02 117.26 1.68 2.56 103.02 1.57 -- 106.03 1.91 2.12 105.26 1.75------- ...... 101.14 1.82 1.85
23 --------------- 108.30 1.57 2.04 117.22 1.70 2.57 *102.30 1.59 -------- 105.24 1.95 2.15 *105.16 1.78 ......- 101.16 1.81 1.84
24------------- *108. 31 1.57 2.04 117.16 1.72 2.59 *102.28 1.59 ---...- 105.27 1.94 2.14 105.14 1.79 ........ *101.09 1.84 1.87
25 --------------- 109.00 1.56 2.03 117.19 1.71 2.58 *103.02 1.57 --------.. 106.00 1.92 2.13 *105.22 1.76 ....... *101. 19 1.80 1.83
26------ ... ..--- --- --- ---- ---- ---- --- --- ------ -------- -------- -
27--------------- 109. 01 1.56 2.03 117. 16 1.72 2. 59 *103.02 1. 57 --------... 106. 01 1. 91 2.12 105. 21 1.76 ........ 101. 16 1. 81 1. 84
28.........-------------..... 108.30 1.57 2.04 117.10 1.74 2.60 *102.27 1.60 ---- 105.26 1.94 2.14 105.18 1.78 ....- *101.14 1.82 1.85
29--------------- 108.31 1.56 2.03 *117.18 1.71 2.58 *103.05 1.56 ........ *106.05 1.90 2. 11 *105.26 1.74 ........ *101.22 1.79 1.82
30c--..---
301 ....------- ----------1.--5-9-----2.-0-5----11-7-.-0-9----------------------------------
31 ------- 108. 26 1. 59 2.05 117.09 1.74 2. 61 '102.27 1. 60 -- ...... '105. 28 1.93 2. 14 10i5. 17 1. 78 ....... 101. i 14 1. 82 1. 85
Average... 110.08 1.36 1.89 119.03 1.52 2.46 104.03 1.43 -------- 107.09 1.75 2.00 106.30 1.61 .......----. 102.21 1.67 1.72


Treasury bonds, 31/8% Treasury bonds, 21/2%, Treasury bonds, 21,%%, Treasury bonds, 23%%, Treasury bonds, 3%, Treasury bonds, 2/4%,
Dec. 15, 1949-52 Dec. 15, 1949-53 Sept. 15, 1950-52 June 15, 1951-54 Sept. 15, 1951-55 Dec. 15, 1951-53

(M ay940) Yield to- Yield to- Yield to- Yield to- Yield to- Yield to-
Closing Closing Closing Closing Closing Closing
price ll Mat price Call Ma price all atu- price Call Mat- price Ma- price Call Matn-
rity rity rit rity Call rity

Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent
1---------------- 112.23 1.69 1.98 106.12 1.78 1.96 106.08 1.84 1.93 108.08 1.92 2.07 111.07 1.90 2.14 104.04 1.85 1. 91
2 "---......... 112.26 1.68 1.97 *106.15 1.77 1.96 *106.16 1.81 1.91 108.06 1.93 2.08 111.07 1.90 2.14 104.09 1.84 1.89
3 ------------- 112.20 1.70 1.99 106.10 1.78 1.97 *106.08 1.84 1.93 108.01 1.94 2.09 111.02 1.91 2.15 104.04 1.85 1.91
4...--.----.........---------.. 112.18 1.70 1.99 106.03 1.81 1.99 106.06 1.84 1.94 *108.00 1.95 2.09 *110.30 1.92 2.16 103.31 1.87 1.92
5--- -- ---- -- ---- ------ --------................-------- -------------- -.-- -. ...... ..
6 ---------------112.24 1.68 1. 98 *106.10 1.78 1.97 *106.12 1.82 1.92 108.01 1.94 2.09 *111.03 1.91 2.15 104.01 1.86 1.91
7 ..............------------ *112.24 1.68 1.98 *106. 11 1.78 1.97 *106.12 1.82 1.92 '108.04 1.93 2.08 111.05 1.90 2.14 104.05 1.85 1.90
8 ..............--------- 112.23 1.69 1.98 *106.12 1.78 1.96 106.13 1.82 1.92 108.06 1.93 2.08 111.03 1.91 2.15 *104.05 1.85 1.90
9....---...........------- 112.25 1.68 1.97 106.13 1.77 1.96 106.15 1.81 1.91 '108.08 1.92 2.07 111.05 1.90 2.14 *104.08 1.84 1.89
10-------.......--....... 111.25 1.78 2.06 105.10 1.89 2.05 105.16 1.91 2.00 107.11 2.01 2.14 110.14 1.97 2.20 103.12 1.92 1.97
11........---.......-- 111.28 1.77 2.05 105.08 1.90 2.06 *105.10 1.93 2.01 107.07 2.02 2.15 110.04 2.00 2.22 103.13 1.92 1.96
12s .........................---- ----- ---- --- ----- ----- -- -- -- ------ ----- ---- ----- --- ---- .. .
13--------------- 111.16 1.81 2.08 104.21 1.97 2.10 '104.24 1.99 2.06 106.19 2.08 2.20 109.17 2.05 2.26 103.05 1.94 1.98
14-----........--...... 110.20 1.91 2.16 104.00 2.04 2.16 103.28 2.08 2.14 105.14 2.19 2.30 108.20 2.14 2.33 101.30 2.06 2.08
15.--...........----... 110.02 1.97 2.20 103.28 2.05 2.17 103.14 2.13 2.18 105.20 2.18 2.28 108.23 2.13 2.32 102.01 2.05 2.08
16...-----.--.......-... 110.15 1.92 2.17 103.23 2.07 2.18 103.30 2.07 2.14 105.18 2.18 2.29 108.15 2.15 2.34 101.31 2.06 2.08
17 ---....--------....----... 110.16 1.92 2.17 103.19 2.08 2.19 *103.23 2.10 2.15 105.14 2.19 2.29 108.15 2.15 2.34 101.27 2.07 2.09
18--------------- 110.07 1.95 2.19 103.19 2.08 2.19 '103.24 2.09 2.15 105.10 2.21 2.31 108.12 2.16 2.35 101.24 2.08 2.10
19------------ ---------------- ------- ------- -------- ------- ------- -------- -------- ---------------- -------- ------- ----- -------- --
,20---- ----------110.11 1.94 2.18 103.20 2.08 2.19 103.23 2.10 2.15 105.23 2.17 2.27 108.22 2.13 2.32 *102.02 2.05 2.07
21--------........-----... 109.29 1.98 2.22 103.17 2.09 2.20 103.17 2.12 2.17 105.06 2.22 2.32 108.06 2.18 2.36 101.22 2.09 2.11
22----------........---- *109.28 1.99 2.22 103.13 2.11 2.21 103.21 2.10 2.16 105.08 2.21 2.31 108.04 2.19 2.36 101.15 2.11 2.12
23.------------........1..... *09.22 2.01 2.24 103.14 2.10 2.21 *103.08 2.15 2.20 104.28 2.25 2.34 108.06 2.18 2.36 101.15 2.11 2.12
24..............------- 109.14 2.03 2.26 *103.06 2.13 2.23 103.04 2.16 2.21 *104.27 2.25 2.34 107.25 2.22 2.39 101.07 2.13 2.15
25--------------- 109.20 2.01 2.24 *103.13 2.10 2.21 '103.18 2.11 2.17 105.03 2.23 2.32 107.30 2.20 2.38 *101.15 2.11 2.12
26....-------------------------------------- ---- ----------- --- ---- -------------------
27---...........--.--.. 109. 25 2.00 2.23 103.12 2.11 2.21 '103.16 2.12 2.17 *105.06 2.22 2.32 108.02 2.19 2.37 *101.17 2.10 2.12
28------------ *109. 18 2.02 2.25 103.07 2.13 2.22 103.08 2.15 2.20 104.28 2.25 2.34 107.28 2.21 2.38 101.08 2.13 2.14
29----------- -'*109.26 1.99 2.22 103.17 2.09 2.20 103.13 2.13 2.18 105.01 2.23 2.33 *108.05 2.18 2.36 *101.20 2.09 2.11
:30c ------------ ------- ------- ------- ------- ------------ ------------ ------ -------- --- --------- ---- ---- ----
:31------------109.20 2.01 2.24 103.08 2.12 2.22 *103.10 2.14 2.19 104.28 2.25 2.34 107.28 2.21 2.38 101.14 2.11 2.13
Average...- 111.00 1.87 2.12 104.18 1.98 2.11 104.19 2.01 2.08 106.10 2.11 2.22 109.11 2.07 2.28 102.19 2.00 2.03

*No sale. Mean of bid and asked. Where mean results in a fraction of a thirty-second, the figure is raised or lowered to the nearest even whole number of thirty-seconds.
NoTE.-Throughout this form, price decimals for bonds and notes represent thirty-seconds; a Sunday; c, closed.










Market prices and yields of outstanding bonds, notes, and bills of the United States during May 1940-Continued

Treasury bonds, 2, Treasury bonds, 2, Treasury bonds 2, Trery bonds, 2%%, Treasury s, Tresury s, Treasury notes, B. % Treasury notes, C, 1%%,
Mar. 15, 195-60 Sept. 15,1956-59 June 15,1958-63 Dec. 15,1960-65 June 15,1940 ~ Dec. 15,1940



price Call Matu price all Main. PriceTcall Matu- price Yiald Yield
(Ma 940) Yield to- Yield to-- Yield to-- Yield to- Market price Market price
Closing Closing Closing -- Clong -- Yield Yield
rice At price Call price Call M pce Ca Bid Asked Bid Asked


Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent Percent
1 ------------- 108.13 2.21 2.34 107.12 2.21 2.28 107.02 2.27 2.35 107.05 2.31 2.38 100.05 --..... 0.23 101.16 101.19 Neg.
2--...------- 108.20 2.19 2.33 "107.16 2.20 2.27 '107. 08 2.26 2.34 107.08 2.31 2.37 100.05 .--...- .20 10L 15 101.18 Neg.
3-------- -- 108.08 2.22 2.35 107.12 2.21 2.28 107.00 2.28 2.36 107.01 2.32 2.38 100.04 ---....... .43 101.14 101.16 Neg.
4.--.---- 108.06 222 2.36 10.7.06 2.22 2.29 *106.28 2.28 2.36 *106.28 2.33 2.39 100.04 --..... .41 101.14 101.16 Neg.
5 ---------- --------------------------------------------------------------- ------------------------ --------------------------------
6 ------------ 108.10 2.22 2.35 107.07 2.22 2.29 106.26 2.29 2.37 107.00 2.32 2.38 100.04 --..-.. .35 101.14 101.16 Neg.
7 1081.0 2.22 2.35 *107.09 2.22 2.28 107.00 2. 2.8 28 2.36 107.01 2.32 2.38 100.04 ...---- 32 101.14 101.16 Neg.
8 --------- 108.13 2.21 2.34 107.09 2.22 2.28 *107.02 2.27 2.35 107.03 2.32 2.38 100.04 ----... .29 101.13 101.15 Neg.
9- ---- 108.14 2.21 2.34 107.13 2.21 2.27 *107.04 2.27 2.35 107.042..2 2 10.0 31 2.38 100.04 --..... .26 101.13 101.15 Neg.
10 ---------- 107.14 2.28 2.40 106.14 2.28 2.33 106.08 2.33 2.40 106.00 2.38 2.43 100.03 .---.. .54 101.08 101.11 Neg.
11 ---------- 107.12 2.29 2.41 106.13 2.28 2.34 *105.30 2.35 2.41 105.28 2.39 2.44 100.03 .----... .52 101.08 101.12 Neg.
12s ------------------------------------------ -------- -------- ------------------- -------- -------------------- ---------------- ---- ------ ------ -----
13 ------------106.24 2.33 2.44 105.21 2.33 2.38 105.08 2.39 2.45 105.08 2.42 2.47 100.03 -------- .46 101.06 101.09 Neg.
14.. ---------- 105.25 2.41 2.50 104.24 2.40 2.44 104.07 2.46 2.51 104.13 2.48 2.52 100.03 ..--... 42 101.03 101.06 Neg.
15 -----... ----. 105.26 2.41 2.50 104.19 2.41 2.45 104.13 2.45 2.50 104.13 2.48 2.52 100. 03 .---- 39 101.04 101.07 Neg.
16 ----------- 105.20 2.42 2. 51 104.18 2.41 2.45 104.04 2.47 2.51 104.07 2.49 2. 53 100. 02 .-...- .73 101.05 101.08 Neg.
17. ------- 105.20 2.42 2.51 104.25 2.39 2.44 104.06 2.46 2.51 104.05 2.49 2.53 100.02 .-..- .71 101.05 101.08 Neg.
18...----- ----.105.15 2.43 2. 52 104.13 2.42 2.46 104.00 2.47 2.52 104.01 2.50 2.53 100.02 ---... 68 101.05 101.07 Neg.
19t-- --,----------------------------------------------------------------------------------------------- ------- -------- -------- --------
20 .....------ 105.31 2.39 2.49 *104.26 2.39 2.44 *104.18 2.44 2.49 104.13 2.48 2.51 100.02 ------ .62 101.05 101.07 Neg.
21 .. 105.10 2.45 2.530104.04 2,44 2.48 104 3. 20 2. 48 2.53 104.00 2.50 2.54 100.02 ----58 101.02 101.05 Neg.
22 ....... 105.11 2.44 2.53 104.09 2.43 2.47 104.01 2.47 2.52 104.03 2.49 2.53 100.02 ...-- .54 101.02 101.05 Neg.
23--.......... .. 105.07 2.45 2.54 103.30 2.46 2.49 *103.21 2.50 2.54 103.26 2.51 2.55 10 1 02 ........ 0 101.01 101.04 Nag.
24 .....----- 104. 29 2.48 2.56 103.24 2.47 2.50 103.17 2.51 2.55 103.22 2.52 2.55 100.02 .---- 46 101.01 101.03 Neg.
25 ---------- 105.04 2.46 2.54 104.00 2.45 2.49 104.00 2.47 2.52 *103.28 2.51 2.54 100.02 ----.. 41 101.01 101.04 Neg.
26 ................----....------- -------- -------------------------- --------- ------- ---------- --------.------------ --
27 ------.5.. 10507 2.45 2.54 104. 00 2.45 2.49 104.00 2.47 2.52 '103.29 2.51 2.54 100.02 ....... 29 101.01 101.03 Neg.
28 --------- 104.30 2.47 2.56 103.28 2.46 2.50 103.19 2. 0 2.54 103.10 2.58 2.56 100.02 ... 23 101.00 101.03 Neg.
29 .........--- 105.08 2.45 2.54 104.03 2.44 2.48 '103.30 2.48 2.52 104.00 2.50 2.54 100.02 ... 15 101.00 101.02 Neg.
30 --------------..-------- ------------------------------ --------------- ------------------------------------------------
31------------105.02 2.46" 2.5 103.29 2.46 2.49 103.24 2.49 2.53 103.22 2.52 2.55 100.02 ----------- .73 1002 Ng.
Average...- .. 106.16 2.35 2.46 105.14 2.35 2.40 105.04 2.40 2.46 105.05 2.43 2.48 100.01 ..----. .44 101.07 10L09 Neg.

Treasury notes, A, 1%%, Treasury notes, B, 1%%, Treasury notes, C, 11/%, Treasury notes, A, 1/4%, Treasury notes, B, 2%, Treasury notes, C, 134%,
Mar. 15, 1941 June 15, 1941 Dec. 15, 1941 Mar. 15, 1942 Sept. 15, 1942 Dec. 15, 1942
Day
(May 1940) Market price Market price Market price Market price Market price Market price
Yield Yield Yield Yield Yield Yield
Bid Asked Bid Asked Bid Asked Bid Asked Bid Asked Bid Asked

Percent Percent Percent Percent Percent Percent
1 -------------101.25 101.27 Neg. 101.26 101.28 Neg. 102.01 102.04 Neg. 103.07 103.10 0.01 104.21 104.24 0.02 104.13 104.15 0.06
2 -------------101.24 101.27 Neg. 101.25 101.27 Neg. 102.01 102.03 Neg. 103.07 103.09 .01 104.21 104.23 .02 104.13 104.15 .06
3 -------------101.23 101.26 Neg. 101.24 101.27 Neg. 102.00 102.03 Neg. 103.06 103.08 .03 104.20 104.22 .03 104.12 104.14 .07
4 -------------. 101.23 101.26 Neg. 101.24 101.26 Neg. 102.00 102.03 Neg. 103.06 103.08 .02 104.19 104.22 .04 104.11 104.14 .07
58 ------- -------------- ------- -- -- -- -- -- -- -- -- -- --- --- --- --- --- --- -- -- --- --- -- -- --- --- -- -- -- - -- -5-- -
6------------ 101.23 101.25 Neg. 101.24 101.26 Neg. 102.00 102.03 Neg. 103.06 103.09 .00 104.20 104.22 .03 104.12 104.14 .06
7 ------------- 101.23 101.25 Neg. 101.23 101.26 Neg. 102.00 102.02 Neg. 103.06 103.09 Neg. 104.20 104.23 .01 104.12 104.15 .05
8 ------------- 101.23 101.25 Neg. 101.23 101.26 Neg. 102.00 102.02 Neg. 103.06 103.08 0.01 104.20 104.22 .02 104.12 104.14 .06
9 ------------- 101.23 101.25 Neg. 101.23 101.25 Neg. 102.00 102.02 Neg. 103.06 103.08 .01 104.20 104.22 .02 104.12 104.14 .05
10 ------- 101.18 101.21 Neg. 101.18 101.21 Neg. 101.28 101.31 0.04 103.00 103.03 .09 104.13 104.16 .11 104.05 104.08 .14
11 -------------101.17 101.20 Neg. 101.18 101.21 Neg. 101.28 101.31 0.04 103.00 103.03 .09 104.12 104.15 .11 104.04 104.07 .13
12s -
13 ------------101.15 101.18 Neg. 101.16 101.19 Neg. 101.27 101.30 .07 102.29 103.00 .15 154.05 104.08 .20 103.28 103.31 .22
14 ------------101.13 101.16 Neg. 101.13 101.15 0.05 101.25 101.28 .11 102.26 102.29 .18 104.00 104.03 .26 103.24 103.26 .28
15 ------------ 101.13 101.16 Neg. 101.14 101.17 Neg. 101.26 101.29 .07 102.26 102.29 .18 104.00 104.03 .25 103.23 103.26 .29
16 ------------ 101.15 101.18 Neg. 101.16 101.19 Neg. 101.26 101.29 .06 102.26 102.29 .18 104.01 104.04 .25 103.23 103.26 .29
17 ------------101.15 101.18 Ng. 101.16 101.19 Neg. 101.26 101.29 .06 102.26 102.29 .17 104.02 104.05 .22 103.23 103.26 .29
18 ..------------- 101.15 101.17 Neg. 101.15 101.17 Neg. 101.26 101.28 .08 102.26 102.28 .19 104.02 104.04 .23 103.23 103.25 .29
20 ------------ 101.15 101.17 Neg. 101.16 101.18 Neg. 101.26 101.28 .08 102.27 102.29 .17 104.03 104.05 .22 103.23 103.25 .29
21 ------------ 101.12 101.15 Neg. 101.13 101.16 .03 101.25 101.27 .09 102.25 102.27 .20 1Q3.1 104.02 .27 103.19 103.22 .33
22 ------------ 101.12 101.15 Neg. 101.13 101.16 .03 101.25 101.27 .09 102.25 102.27 .20 103.31 104.02 .27 103.19 103.22 .33
23 ------------101.10 101.13 Neg. 101.11 101.14 .08 101.23 101.26 .13 102.23 102.26 .23 103.30 104.01 .26 103.18 103.21 .33
24 ------------ 101.10 101.13 Neg. 101.11 101.13 .08 101.23 101.25 .13 102.22 102.25 .23 103.30 104.01 .26 103.18 103.21 .33
25 -------------- 101.11 101.13 Neg. 101.12 101.14 .04 101.24 101.26 .11 102.24 102.26 .21 104.00 104.03 .23 103.19 103.22 .33
27 ------------101.11 101.13 Neg. 101. 12 101. 15 .01 101.24 101.27 .08 102.24 102. 27 .19 104.00 104.02 .24 103.20 103.22 .31
28 ------------ 101.10 101.12 Neg. 101. 11 101.14 .06 101.23 101.25 .12 102.23 102.25 .22 103.30 104.01 .25 103.16 103.19 .35
29 ------------ 101.10 101.12 Neg. 101.12 101.14 .03 101.24 101.26 .10 102.24 102.26 .20 104.00 104.03 .23 103.17 103.19 .34
30c --------------------- ----------------- -------- -------- -------- -------- -------- ------ ----------- ------- ----------- -------- -------- -------- ------ N
31 --------------- 101.09 101.12i Neg. 101.11 101.14 .05 101.23 101.26 .11 102.24 102.26 .19 104.00 104.03 .22 103. 16 103.19 .34
Average.-. 101.16 101.19 Neg. 101.17 101.20 Neg. 101.27 101.30 ........ 102.30 103.00 ........ 104.07 104.10 .16 103.29 104.00 .22

Treasury notes, A, Treasury notes, B, Treasury notes, B, 1%, Treasury notes, A, Treasury notes, C, 1%, Treasury notes, A,
1%'%, June 15, 1943 11s8%, Dec. 15, 1943 Mar. 15, 1944 %%, June 15, 1944 Sept. 15, 1944 %%, Mar. 15, 1945
Day
(May 1940) Market price Market price Market price Market price Market price Market price
Yield Yield Yield Yield Yield Yield
Bid Asked Bid Asked Bid Asked Bid Asked Bid Asked Bid Asked

Percent Percent Percent Percent Percent Percent
1 ------------- 102. 20 102. 23 0.26 102.26 102.29 0.33 102.01 102.03 0.46 100.31 101.01 0.50 102. 04 102.07 0.49 100.20 100. 23 0.61
2 -------------102.20 102.23 .26 102.26 102.29 .33 102.00 102.03 .46 100.30 101.01 .50 102.04 102.07 .49 100.19 100.21 .62
3 ------ -------102. 19 102.21 .28 102. 25 102.27 .34 101.31 102.02 .48 100.29 100. 31 52 102.04 102.07 .49 100. 17 100. 19 .63
4 -------------102.19 102.21 .28 102.25 102.27 .34 101.30 102.00 .49 100.28 100.31 .52 102.04 102.07 .49 100.16 100.19 .63
58s-------------------------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- --------
6 ------------- 102.20 102.22 .27 102.25 102.27 .34 101.31 102.01 .48 100.29 100.31 .52 102.04 102.06 .50 100.17 100.19 .63
7------------- 102.20 102.22 .27 102.25 102.27 .34 101.31 102.02 .48 100.29 101.00 .52 102.03 102.06 .51 1C0. 17 100.19 .63
8 ------------- 102.20 102.22 .27 102.25 102.27 .34 101.31 102.01 .48 100.29 100.31 .52 102.04 102.07 .49 100.17 100.19 .63
9 ------------- 102.20 102.22 .26 102.25 102.27 .34 102.00 102.02 .47 100.30 101.00 .51 102.04 102.06 .50 100.17 100.19 .63
10 ------------102. 10 102.13 .35 102. 13 102 16 .44 101.22 101. 25 .54 100.20 100.23 .58 101.26 101. 29 .56 100.08 100.11 .68
11 ------------102.08 102.11 .37 102.12 102.15 .44 101.21 101.24 .56 100.19 100.22 60 101.25 101.28 .58 100.08 100.11 .68
12s - --
13 ------------101.30 102.01 .47 102.01 102. 04 54 101. 11 101. 14 64 100.09 100. 12 .67 101. 18 101.21 62 100.00 100.03 .74
14 ------------ 101.24 101.27 .53 101.24 101.28 .61 100.30 101.02 .74 99.26 99.30 .78 101.00 101. 06 .74 99.24 99.28 .79
15------- 101.21 101.24 .57 101.20 101.23 .65 100.29 101.00 .75 99.24 99.27 .80 100.22 100.26 .82 99.22 99.25 .80
10 ------------ 101. 22 101. 25 .55 101. 22 101.25 .63 101.00 101.03 .72 99. 29 100.00 .77 100. 26 100.30 .79 99. 25 99. 28 .79
17 ------------101.22 101. 25 .55 101.22 101. 25 .63 100.31 101.02 .73 99.30 100.01 .75 100.28 101.00 .78 99.24 99.27 .79
18 -------------- 101.21 101.24 .57 101.21 101.24 .65 100.29 101.00 .75 99.29 99.31 .77 100.26 100.30 .79 99.23 99.26 .80
20----------- 101.22 101.25 .55' 101.22 101. 25 .63 1po0.31 101.02 .73 99.31 100.02 .75 100.25 100.28 .81 99.23 99.26 .80
21 ------------ 101.16 101. 18 .62 101. 16 101.18 .69 100.22 100. 24 .81 99. 22 99. 24 .82 100. 19 100.22 .85 99. 16 99.19 .84
22------------ 101.16 101. 19 .61 101.16 101.18 .69 100.23 100.25 .80 99.22 99.25 .81 100.19 100.22 .85 99.15 99.17 .86
23 ------------101.14 101.17 .63 101.14 101.17 .70 100.22 100.25 .80 99.21 99.24 .83 100.17 100.20 .87 99.11 99.15 .88
24------------ 101.12 101.14 .66 101.12 101.15 .72 100.19 100.21 .83 99.18 99.20 .85 100.17 100.20 .87 99.10 99.13 .88
25 ..------------ 101.13 101.15 .65 101.13 101.16 .72 100.21 100.23 .82 99.20 99.22 .84 100.18 100.20 .86 99.11 99.14 .88
26s --------------------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- ---- -------- -------- --------
27----.......------ 101.13 101.15 .65 101.14 101.16 .71 100.21 100.23 .82 99.21 99.23 .83 100.16i 100.19 .87 9911 99.13 .88
28 .------------ 101.09 101.12 .69 101.10 101.12 .74 100.17 100.19 .85 99.17 99.10 .86 100.13 100.16 .90 09.07 99.10 .91
29. ...----------- 101.08 101.10 .70 101.08 101.10 .76 100.15 100. 17 .87 99.15 99.17 .88 100. 12 100.15 .90 99.04 99.07 .92
31 ------------ 101.08 101.11 .690 101.08 10111 .75 100.12 1100.15 .88 99.11 099.14 i.91 100.10 i6-10. .91 98:.28 98.31 .98
Average... 101.30 102.00 .48 102.00 102.02 .55 101.07 101.09 .67 100.05 100.08 .70 101.07 101.10 .70 99.28 99.31 .77

*No sale. Mean of bid and asked. Where mean results in a fraction of a thirty-second, the figure is raised or lowered to the nearest even whole number of thirty-seconds
NoTm.-Throughout this form, price decimals for bonds and notes represent thirty-seconds; s, Sunday; c, closed.





4 I 3lll11121 ll9J1081 lll311l331112911511111Uifl IIi1

Market prices and yields of outstanding bonds, notes, and bills of the United States during May 1940-Continued


Treasury bills, due June 5, Treasury bills, due June 12, Treasury bills, due June 19,
1940 1940 26, July 3, 10,17, 24, and 51,
1940
Day-May 1940
Discount Discount Discount
Yield Yield Yield
Bid Asked Bid Asked Bid Asked

Percent Dollars Percent Percent Dollars Percent Percent Dollars Percent
1-.....................-----................................................--------------------------------------------------.......- 0.02 $100.01 Neg. 0.02 $1004 Neg. 0.02 1004 Neg.
2---.......-----------..................... --------------------- 02 100.01 Neg. .02 100% Neg. .02 100%4 Neg.
--------......----------------- -----02 100.01 Neg. .02 10044 Neg. .02 100A4 Neg.
4-...............................--..-------- ........................................... .02 100.01 Neg. .02 100 i Neg. .02 10044 Neg.
58 -------------------------------------------------------------------------------------------- --------- ---------- ----------
6 -------------------------------------------------------------- .02 100.01 Neg. .02 10044 Neg. .02 10044 Neg.
7..---........-----. ------------------------------------------- .02 100.01 Neg. .02 100%4 Neg. .02 100%4 Neg.
8 --------------------------------------------------------------- 02 100.01 Neg. .02 100%4 Neg. .02 10044 Neg.
9- .......................................................................... .02 100.01 Neg. .02 10044 Neg. .02 100%4 Neg.
10......................---..................................................... .-----------------05 100.01 Neg. .05 10044 Neg. .05 10044 Neg.
11....--------------------------------------------------------------- .05 100.01 Neg. .05 1004 Neg. .05 1004 Neg.
12s.---------------------------------------- ---------------------------- ---------- ---------- ---------- ---------- --.------- .-.------- ---------- -.-------- .------.--
13............................---------........------.......----..........................--------------------------- .08 100.00 .041 .08 1004 Neg. .08 100.00 .041
14................................................................-----------------------------...........--------.08 100.00 .041 .08 1004 Neg. .08 100.00 .041
15...............................-------------------------------------------------------------.... .06 1004 Neg. .06 300% Ne. .06 100.00 .031
16-----------------------...............................................................----------------------------.--............--------06 1004 Neg. .06 1004 Neg. .06 100.00 .031
17 -------------------------------------------------------------- 06 10044 Neg. .06 100%4 Neg. .06 100.00 .031
18...........................................................................------------------------------------------------------------ .0606 1004 Ng. .0 1004 Neg. .06 100.00 .031
193 ----------------------------------------------------- ------- ------- ------- ------- ------- ------- ------- -------- --------
20 ------------------------------------------------------------- .06 10064 Neg. .06 1004 Neg. .06 100.00 .031
21 .----. ----------------------------------------------------- .08 100%4 Neg. .08 100.00 .041 .08 100.00 .041
22--------------------------------- .08 100%4 Neg. .08 100.00 .041 .08 100.00 .041
23-.................................................................---------------------------...........-------- 08 100 Neg. .08 100.00 .041 .08 100.00 .041
24...... ........................................................-----------------------------------------------------............ --------08 1004 Neg. .08 100.00 .041 .08 100.00 .041
25 -------------------------------------------------------------- .08 1004 Neg. .08 100.00 .041 .08 100.00 .041
268 -------------------------------- ------------------- -------- ------- ------- -------- -------- -------- ------- .------- ---------
27 --------------------------------------------------------------.08 10044 Neg. .08 100.00 .041 .08 100.00 .041
28 --------------------------------------------------------- 10 100.00 .051 .10 100.00 .051 .10 100.00 .051
29..................................................................--------------------------.......... -------- 10 100.00 .051 .10 100.00 .051 .10 100.00 .051
30C---------------------------------- ------ ------ ------ ------ ------- ------ -- -----1 --
0s....................................................................................................................................
31-------------------------------------------- -- -- --------- .-10 100.00 .051 .10 100. 00 .051 .10 100.00 .051
Average......---------.....----- ------ --------- --........................................08 .08 ---- -----

NoTn.-Throughout this form, price decimals for bonds and notes represent thirty-seconds; 8, Sunday: c, closed.


U.S. GOVERNMENT PRINTING OFFICE 1I40