Full text of E.2 Survey of Terms of Business Lending : April 1970

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FEDERAL

RESERVE
BOARD OF I'.OVERNOKS OF THE FEDERAL RESERVE SYSTEM
BANK RATES ON SHORT TERM BUSINESS LOANS 1_/
F e b r u a r y 1 ; - 1 5 , 1 9 7 0 and N o v e m b e r 1 - 1 5 , 1 9 6 9
April

2,

1970,

Percentage d i s t r i b u t i
$ 1 0 , 0 0 0 - $ 9 9 . 999

|

$ 1 Ou , 0 0 0 - $ 4 9 9 , WU -

$ ',K), QQQ-$

, ^99

: S l . 0 0 0 . 0 0 0 and o v e r

1969

13.2
9.01-9.491

12.3

100.0 "
4,502,283

aoo.o

1 00'. 0 • " 1 0 0 . 0
3,942,241
30.358

399,014

403,374

12.708

12.773

WEIGHTED AVERAGE RATES ( p e r
83.
New York C i t y .
, 7 Other N o r t h e a s t
8 North Centra 1

9.28

9.05.

9.26

9.16

9.12
9.60

cent

810,732

598,861

IOO.O

100.0

600,762

2,649,592

2,050,080

973

144

—

p e r annom)

9.36

1967

t lie Q u a r t e r l y S u r v e y




of

Interest

R.itei

9.20

-Ml

business

9.11
9.02
— 9.22
L o a n s was r e v i s e d :

8.63

For- dtesizr i p t

w .

8.85

9.16
9..2 5

Beginning February
May 1967 Bui l e t i n .

57.6

22.6

IS,.9

9.50
9. 5 1 - 9 . 9 9

1/

1969

s see

pp.

72 1 - 7 2 7 o f

the