Full text of E.2 Survey of Terms of Business Lending : March 1963

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F E D E R A L

E.2

R E S E R V E

statistical

release

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

March 29, 1963.

BANK RATES ON SHORT-TERM BUSINESS LOANS l/
March 1-15, 1963 and December 1-15, 1962 2/
Interest rate
(Per cent per annum)

1.6

Less than 4-1/2%.
4""l/2 /O •

All sizes
Mar
Dec.
1963
1962
1.7

0.5

0.5

0.6

0.4

0.7

5-8

45.6
4.5

1.2
0.8

1.4

0.8

7.8

5.0

8.1

26.0

11.7
4.8
10.7

%
10.9

10.1

10.1

18.2

»ee.«r.« #"« « , 49.1

Over 4.-1/2 and less than $%

Over 5 and less than 5-1/2%
5-1/2/a
Over 5-1/2 and less than 6%
6yb •' • • • • . * ,
Over 6%... .
Total per cent....

Percentage distribution of dollar amount bv size of loan
^10,000-^100,000
'#1,000-&LU,UUU Ii[iio
&6Q.4266,066'*
)oo0-&loa,0o0 |
§200,000 and over
Mar.
Dec.
Mar.
Dec.
Mar.
Dec.
Mar.
Dec.
1963
1962
1963
1962
1963
1962
1963
196a

2.4

3.6
14.7
3.8

3.7
14.9
4.3

11.2
3^i3

: 13.2
3.6

47.7
17.6

46.9
17.4

100.0

100.0

' 1.8

Weighted average:
19 cities
New York City
7 Northern and Eastern
,
11 Southern and Western

18.6

4.5

19.1
5.0

27.0
u 2
100.0

100.0

19.1
7.0
12.7
3.8

27.0

11.2

8.0

.

17.2

100.0

2^9,498

177,307

24,569

21,981 10,038

9,459

10,324

9,075

1,771

1,432

5.oo
U.ao
U.98
5.30

5.02

5.88
5.61
5.85

1:1

5.55

5.21
5.28
5.06
,5.12.
5.18 " 5.23

5.85

,6.02

6.01

5.53
5.66

5.33

1:1

5.33

56.3
• 4.3

9.9

7.2
1.5

100.0

5.62

39.7
5.7

19.3
7.0

274,445

5.89

2.1

u.r
9.0
1.1

314,889

U.78
5.05
5.33

1.8

7.9
14.2
4.1

34,837

Dollar amounts in thousands. .
1/ Based on reports by a sample of mainly large banks in 19 leading cities
Federal Reserve Bulletin, March 1949, pp. 228-237.
2/ Based on new loans and renewals for first !$ days of mo#th.




17.4
7.9

21.5

8.2

37,759

Total - Dolla^ .amount^. *.., 2,i4;9,002 1,983,350
Total - Number of loans•..

100.0 100.0

7.1

3.9

0.8

5.41

100.0

'

10.0

6.0

9.0
1.7

9.1'
1.5

100.0 •.

1,876,856 1,496,761

2A36
4.83
4.70
4.84
5.07

For a description of the survey, see

•. 2,015
4.85

4.68
4.92

5.10