The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
E.2
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEIv:
BANK RATES ON SHORT-TERM BUSINESS iOAHS {/
September 1-15, 1958 and June 1-15, 1958
Interest rate
All sizesSept,
June
1958
1958
Less than $-1/2%
3-1/2%
Over 3-1/2 and less than h %
0.5
36,8
4.9
Over 4 and less than k-l/2%
4 - l/2$. •"» •••••••••••••••••»
Over 1+-1/2 and less than 5$
23 3
"
5.6
8.5
2.8 ,
^1,000-c 10,000; ^10,000-^100,000
Sept,
June
Sept.
June
1958
1958
1958
1958
0.6
47.6
6.1
9.4
6.1
8.3
1.9
0.7
0.5
.
2
£> '
1.6
8;4
3.8
0.7
4.3
2.9
0.8
5.0
3.8
0.5
18,5
6,6
1.5
19.4
9.3
3^.2
1.7
8.3
3.3
9.7
6.6
15,4
7.3
10.7
15.7
8.7
13.4
5.3
13,8
7.8
ill
5.9
7.0
1.3
3,9
0.3
8,1
1.2
4.2
0,7
19.4
3.0
14.4
0.3
" 18.7..
3.0
14.8
1.0
20,7
3.6
10,6
1.0'
19.0
3.2
10 i4
1.3
Over 6 $ , , . . . . . , ,
4,1
1.0
4.5
1.3
36.5
.7,4
36,3
7.8
13 8
3*4
14 0
100*0
100,0
100.0
100,0
100.0
100,0
2,149,526
35,028
34,411 „ 305,829
22,209
9,362
Total per cent
Total - Member of loans,...
2,508,815.,
23,608'
9,215
10,084
Weighted average rates :
19 Cities.
4,21
4.17
4.90
5.45
5.45
New York City
,*„ •
4.00
3.88
5.18
5.19
4 . 7 4
7 Northern iand Eastern,
4.21
4.17
5.48 ; 4 . 9 0
5.48
11 Southern and Western
4.54
4.58
5,56
5.55
4.99
*
Dollar amounts In thous;
** L e s s tlm ** 0"05 per cent, ,
J/ Based oh reports by'a sample of mainly large banks, in 19 leading cities.
Federal Reserve Bulletin, March 1949# pp. 228-237.
Note .-•-Prime rate increased from 3-1/2 to 4 per cent during survey.
^100,000.-^.200,000 $200,000 and over
Sept,
June
Sept.
June
1958
1958
1958
1953
0.6
0,8
0.5
Over 5 and less than 5-1/2$
5-1/2$,..,.,..,.
Over 5-1/2 a^d less than.'-6>%
-Total - Dollar amount*,,.,,
October 13, 1958
> 7
12.5
.
6,3
2.0
1.7
0,4
2,1
0.6
100.0
100.0
100.0
s
1,732
1.592
4.47
4.28
4.42...
• 4.99 ' 4.063
8.8
6.0
6.3
1.0
5.4
-0.6
2.8
0.5
VX
100,0
26.6
5.2
6.9
1.9
4.0
0.6
2,6
0.1
- 0 .4
7.1
2.0
0.5
59.2'
6.2
.
6.0
0.3
193.353
4.88 .
4.72
'
V u
282,099 209,144
9.293
' 44:6
5.o
' 4.40
4.13
4.39
•4,57
1,958,814 1,639,663
•
2,430
4.00
3.87
5:1
For a description of the survey, se
k
.
2,109
3.95
3.74
3.99
4.31
@FedFRASER