Release: NBER Macrohistory Database
Data Represent 60-90 Day Prime Endorsed Bills For 1858-1859; Prime 60-90 Day Double Name For 1860-1923; Prime Four-Six Months, Double And Single Names Thereafter. Data For 1857 Are From Rates Given In A Treasury Report In Bankers' Magazine; Rates For 1858 Are From The New York Chamber Of Commerce Report, 1858, P. 9; Rates For 1859-June 1862 Are Arithmetic Averages Between The Monthly Averages Of Hunt'S Merchants Magazine And Of Bankers'; Rates For July 1862-1865 Are Estimated From A Table Of Daily Rates From Different New York Newspapers. Data For 1942-1971 Are Averages Of Daily Offering Rates Of Dealers 60-90 Day Prime Bills. Source: Data For 1857-January 1937: F.R. Macaulay, The Movement Of Interest Rates, Bond Yields, And Stock Prices In The U.S. Since 1856 (NBER No. 33, 1938), Pp. A142-161. Data For February 1937-1942: Computed By NBER From Weekly Data In Bank And Quotation Record, Commercial And Financial Chronicle. Data For 1943-1971: Federal Reserve Board.
This NBER data series m13002 appears on the NBER website in Chapter 13 at http://www.nber.org/databases/macrohistory/contents/chapter13.html.
NBER Indicator: m13002
National Bureau of Economic Research, Commercial Paper Rates for New York, NY [M13002US35620M156NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M13002US35620M156NNBR, September 25, 2016.