COST OF CREDIT

COST OF CREDIT

Friday, Oct. 8, 1993

(Percentages Per Year)INTERNATIONAL INTEREST RATES

Canada U.K. Germany Holland Switzerland

Day-to-Day

4.19 5.62 6.75 6.40 4.62

Time deposits (3 mos.)

4.50 5.75 6.56 6.25 4.47

EURODOLLARS

O/Night 1 Mo. 3 Mo. 6 Mo. 12 Mo.

London

3.1250 3.1875 3.3750 3.3750 3.5000

Offered side, interbank quotations.

International Interest Rates supplied by European American Bank.

UNITED STATES RATES

Cmmcl.

Federal *Tr'sury Paper *Bankers *Cert.

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

2.88 2.97 3.25 N.A. 3.16 3.27

*90 days. 90-119 days.

U.S. prime rate, 6.0%; Central bank discount rates: U.S., 3.0%; Germany, 6.25; Netherlands, 5.75; Belgium, 6.50; France, 10.00; Switzerland, 4.50; Italy, 8.50; Canada, 4.95; Japan, 1.75, U.K. base lending rate, 6.00.