View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

ft. 2

BOARD OF GOVERNORS /)F THE FEDERAL RESERVE: SYSTEM
BANK RATES ON SHORT-TERM BUSINESS LOANS

Z6,j

July 8, 1959

1/

June 1 - 1 5 , 19^9 and March 1 - 1 5 , 1959
I n t e r e s t rAte

' Less than h%. •»....
Over ii and l e s s than h-l/2%
L-l/2%..
Over i i - l / 2 and l e s s than %
Over 5 and l e s s tHin 5-1/2%
5-1/2%-;
Over 5 - 1 / 2 and l e s s than 6%
Over 6%,
Total Per-cent
Total - Dollar amount*.....

All sizes
June
Mar.
1959
1959

1.0
1.0

0.&

Percentage d i s t r i b u t i o n of d o l l a r amount by, s i z e o*f loan
$1,000-410,000 $10,000-4100,000 Hoo g ooo»l2f)a g ooo $200,000 and
June
Mar 0
June
Mar.
June
June
Mar»
19g9
1959
1959
1959
1959
1959
1959

%

0.8

O.li

0.14.

O.li

0.5

0.9

52.2

0.7
0.3

1.7
1.3

0.7

6.9

ii.l

9.6
7.9

5oU

3.2

8.6

OoU

i5oit
9.8

1.2
0.8
2L.8

17.6
3.L
15.7
1.L

2U.8
10.it
19.9
3.1

22.8
5.2

18.2

56.r
6.5

12:3

13.it

7.9

6.2

ho3

6.0

1.6

o.?

0.6

Ut.9
il.O
1,8.7
3.0

5.0.

5.1
i.ii

liOoO
10.5

37. h

100.0

100.0

100.0

38,767

35,213

8.1

6,0

1.2

100.0

3,233,202 2,390,003

T o t a l » Number of l o a n s . . . .

26,325

Weighted average r a t e :
19 C i t i e s . .
New York C i t y . . . . . . . . .
7 Northern and E a s t e r n
U Southern and Western

lt.87
It.71
li.90
5.07

:

8.U

12.0
1.3

it. 6

16.3
ii.ii

100.0

100.0

312,889 292,972

2ii,3
9.0
lii.il
1.7

100.0
237,256

10,195

9,U92

11,218

9,735

1,9L3

li.5l
It.29
lt.lt9
ii.au

5.68

5.53 •
5;30
5.51
5.62

5.33 '
5.21*
5.33
5.37..

5.09
U.93

5.06
It.97
5.06
5.13

l-M

5.7li

5.06
5.20

0.8

|

2k.2
10.1
l6.ii
7.9

1.0
0.6
66.1
6.0

63a
5.6

i
I

n

d

i

16.6

10.9
5.1
5.9

lt.6

|

2.9
9.6

1.0
7.8
2.5

23,130

,
* D o l l a r amounts i n t h o u s a n d s .
l / Based on r e p o r t s by a sample of mainly l a r g e banks i n 19 l e a d i n g c i t i e s .
F e d e r a l Reserve B u l l e t i n , March 19ii9, pp. 228-237.
Note.—Prime r a t e i n c r e a s e d from ii t o U - l / 2 p e r cent May 18 0




10; 5

lol

1.0

100.0

0.8 I

0.6
2.2
0.5

' 100.0 .

0:!

1

100.0

I

190,386 2 , 6 l i i , 2 9 0 l,871,h02{
i,5UU

h.7k
lt.56
It.71.
It. 87

2,969

2.359 1

It.72
lt.6l
It.78
It.87

lt.32
It.18
It.35
It.60

For a d e s c r i p t i o n of t h e survey 8 see
"

!
I