COST OF CREDIT

COST OF CREDIT

Wed., May 9, 1990

(Percentages Per Year)INTERNATIONAL INTEREST RATES

Canada U.K. Germany Holland Switzerland

Day-to-Day

13.50 15.06 7.88 8.13 8.75

Time deposits (3 mos.)

13.44 15.31 8.13 8.50 8.88

EURODOLLARS

Call 1 Mo. 3 Mo. 6 Mo. 12 Mo.

London

7.625 8.3125 8.500 8.6875 9.000

Offered side, interbank quotations.

International Interest Rates supplied by Europe an American Bank.

UNITED STATES RATES

Cmmcl.

Federal *Tr'sury Paper *Bankers *Cert.

Funds Bills Dealers Direct Ac'pt'ces of Dep.

8.19 7.71 8.18 N.A. 8.20 8.40

*90 days. 90-119 days.

U.S. prime rate, 10.0%; Central bank dis count rates: U.S., 7.0%; W. Germany, 5.0; Neth erlands, 6.75; Belgium, 7.75; France, 8.75; Swit zerland, 5.5; Italy, 13.5; Canada, 13.77; Japan, 5.25, U.K. base lending rate, 15.0