COST OF CREDIT

COST OF CREDIT

Wednesday, Sept. 20, 1995

(Percentages Per Year)INTERNATIONAL INTEREST RATES

Canada U.K. Germany Nether lands Switzerland

Day-to-Day

6.25 6.56 4.06 3.85 2.90

Time deposits (3 mos.)

6.68 6.68 4.00 3.82 2.70

EURODOLLARS

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

London

5.6200 5.6800 5.6800 5.6800 5.5900

Offered side, interbank quotations.

International Interest Rates supplied by Reuter Money Service.

UNITED STATES RATES

Cmmcl.

Federal *Tr'sury Paper *Bankers *Cert.

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

5.7500 5.18 5.82 N.A. 5.71 5.71

*90 days. 90-119 days.

U.S. prime rate, 8.75%; Central bank discount rates: U.S., 4.75%; Germany, 3.50; Netherlands, 3.50; Belgium, 3.50; France, intervention rate, 5.00; Switzerland, 2.50; Italy, 9.00; Canada, 6.91; Japan, 1.75, U.K., base lending rate, 6.25.