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v FEDERAL E.2 RESERVE statistical BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM BANK RATES ON SHORT-TERM BUSINESS LOANS 3% release October 1, 1962. 1/ September 1-15, 1962 and June 1-15, 1962 2/ . Interest rate Less than 4-1/2%. All sizes Sept. June 1962 1962 2.0 Percentage distribution of dollar amount by ^size of loan I $1*000-%10,000 $10,000-$100,000. $100,000-$200,000 $200,000 and over Septo Sept. | June June Sept. | June Sept. June | 1962 ' 1962 1962 | 1962 1962 | 1962 1962 | 1962 ^ 0.8 ' 0.4 0.5 '0,8 | 0o7 2.5 1 J I 8.0 1.5 1.9 8.3 26.1 I 2 2 . 5 ' 56.1 56.3 0 . 8 I - 5.1 , 4 . 8 8,1 i .8.8 _0.9 5.6 . 6.9 45.0 5.7 ,, 45.2 6.7 11s.5 Over 5 and less than 5-1/2% 6.7 10.1 5-1/2% . " Over 5-1/2 and less than 6% .. 2.4 . 11.8 7."0 9.0 2.2 8.1 3.7 15.7 4.1 10.4 3.3 14.8 3.9 12,3 4 . 3 12.4 ; 4.1 48.5 16.7 100.0 100.0 100.0 4-1/2#.... -Ojper 4-1/2 and less than 5% Over 6% ............... Total per cent......... Total - Dollar amount*..... 2,055,097 2,355,228 36,338 26,603 9,731 Total - Number of loans.... 23T&90 Weighted averages 19 Cities 4 . 9 9 New York City • 4.77 7.Northern and Eastern 5.00 11 Southern and Western 5.32 . 5.01 4.79 5.00 5.33 5.86 5.60 5.87 5.98 16.4 '8.8 19:5 5.4 16.9 8.3 19.2 5.3 18.1 7.6 14.0 3.6 46.4 25.6 18.O " 10.5 25.5 10.9 100.0 100.0 100.0 41,700 300,695 11,138 5.88 5.64 5.83 6.01 10,092* 5.53 5.35 5.51 5'65 . 19.8 7.3 ' 13.1 9.7 6*3 7.5 1.6 15.0 6,7 15.5 7 . 0 8.3 2.4 . 8.7 2.1 100.0 '100.0 ' "... 100:0 100.0 : 212,031 225,918 11,184 1,747 1,839 - 5.53 5.35 5.52 5.65 5.21 5.14 5.20 5:28 5.25 5.09 5.21 5.39 337,134 1,506,033 9.8 6.9 6.4 1.1 , 1,750,476 2,120 ' ' 4.82 ' ' 4.65 „ 4.8? 5.12 >) 2,442 ! '4,84 4.68 4.86 5.12 * ' Dollar amounts in thousands . ' y Based on reports by a sample of mainly large banks in 19 leading cities. For a description of the survey, see Federal Reserve Bulletin, March 1949, pp. 228-237. ' • .2/ Based on new loans and renewals for first 15 days of month. NOTE2 Survey data for June has been revised.
