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^

FEDERAL

T %

-!T-' ,

RESERVE

"

^ I ' x xv
-S t a

t i s t i

r e

7
I e a

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I
HOARD OF GOVERNORS OF THE FEDERAL RESERVE JSYSTEM

ilj/

^","1964.

HANK RATES ON SHORT-TERM BUSINESS LOANS 1 /
June

1 n.lwest rate
(Per c e n t per- annum)
Loss

than

4-1/2%...
Over 4 - 1 / 2

A I 1. s i z e s
. March
1964
1 9 6 4 3/,

4-1/2%.
and

less

than

5%

5%
. O v e r 5 and
e s s than 5-1/2%
5-1/2%
Over 5 - 1 / 2 a n d l e s s t h a n 6%
Over

per

cent

Total

- Dollar

Total

- Number of

amount*
loans....

Weighted average:
19 C i t i e s
New Y o r k C i t y
7 N o r t h e r n and E a s t e r n
11 S o u t h e r n a n d W e s t e r n

1/
2/
_3/

1,- 3
4-8.4
4 .6

10. 7

12. 2 "
5.3 , .
10.9
1.6

1 9 6 4 and March 1 - 1 5 ,

2/

P e r c e n t a g e d i s t r i b u t i o n o f d e l l a r amo u n t ' by s i z e o f 1 o a n '
$ I. , 0 0 0 - $ 1 0 , 0 0 0
_$10,000-$100,000
$100,000-$200,000
_$200 000 and o v e r
March
March
March
March
1964
1964 3/
1964
1964 3/
. 1964
1964 3/
1964
1964 3 /
1. 3
1.1

.

1.7
• 1.3

,

0.6

0.7

7.7
4.3

7. 1
4.5

22.9
7.9

22.1
7.3 /

18. 7
7.6
19.9
. 4.4

18.4
7.4
14.8
4.0

21.4
7.5
14.4
4.4

27.5
9.6

18.0
6.0

16.9
5.0

7.0
2.0
100.0

0.6
61.8 ,6.1

11.5
3.9 '
15.9
3.3

18.0
8.2
19.8
4.2

12.3
3.4

'49.6
13.,8

47. 7 '
14.1

27.6
9.6

100.0 ~

100.0

100.0

100.0

100.0

100,0-

100.0

2,653,676

2,065,001

40,042

36,688

337,252

292,285

244,556

196,637

2,031,826

26,245

23,228

10,640

9,787

10,986

9,785

< 1,978

1,571

2,641

5.84
5.64
5.83
5.93

5.83
5 . 66
5.81
5.91

5.53
5.36
5.55
5 . 61

9.6
2. 1

100.0

4.99
4 . 74
5.03
5 . 29

4.99
4.77
5.02
5.2,9

D o l l a r amounts in t h o u s a n d s .
B a s e d on r e p o r t s b y a s a m p l e o f m a i n l y l a r g e b a n k s i n l 9 ~ l e a d i n g
R e s e r v e B u l l e t i n , March 1 9 4 9 , pp. 2 2 8 - 2 3 7 .
B a s e d o n new l o a n s a n d r e n e w a l s f o r f i r s t 15 d a y s o f m o n t h .
S u r v e y f o r March 1964 h a s been r e v i s e d .




1964

10.2
3.6
16.2
3. 5

11.3
3.5

6%.
Total

0.6
50.4
6.0

1-T5,

^

5.54
5 . 39
5.54
5 . 62

.

5 . 24
5.05
5 . 27
5_. 34

5.22
5.06
5.24
5.31

60.8
4.4

8.7
5.1
7.1

'

1.6

"

4.81
4 . 63
4.8-9
5.07

0.9
8.0
^

1.*7

100.0
1,539,391
/

2,085:

4.82
4 . 66
4.88
5.08

"
cities.

For

a description

of

the

survey,

...

9.8
4.6
8.5;

see F e d e r a l