Labels:bulletin board | grandstand | monitor | railing | reckoner | sky | slide projector | window OCR: NO RESPITE : IN JULY FOR TUMBLING MONEY FUND YIELDS Wheni it cut the discount rate inearly Julr from 3.5% to 3% the Federi! Reserve took vet another slice e out of heleaguered money fund yiclds. As ofearly. August, the average Laxable fund paidjust 3.15%, more than a third ofa point less than the previous month. Standby Reserve Ltu by the brokerage Cowen Co topped the competition with a yield thanks to the portlolio Jongrish -day average maturity ser-ay compounl yid Fund Fiveyear Hinirut Initial Enamr 199 switching Telephane Ranked by latest yield TAXABLE sdy Baee $2,003 800-262-7116 Oide Pretitun Plus HM 25,000 800-072-6533 13 Dreyfus BASIC MMT 25.000 800-782-6620 Alger Money Narket Portfolla 1:000 800-492-3863 Dreiturs Waritwide 2.500 800-782-6620 U.S. GOVERNMENTISSUES Thited Stts. Goien ...
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