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isr F E D E R A L R E S E R V E s t a t i s t i c a l >kor4" E. 2 r e l e a s e • BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM BANK RATES ON SHORT-TERM BUSINESS LOANS 1/ October 7, 1966. September 1 - 1 5 , 1966, and June 1 - 1 5 , 1966. 2/ Interest rate (Per c e n t p e r annum) 67, Over 6%. and l e s s t h a n 7% . . . . 7%.........,...,,.-...., Over 8%. Total per c e n t . . . Sept." " 1966 1966 Sept. 1966 1966 Sept. 1966 June 1966 Sept. 1966 4.0 72.6 2.8 ' 8.7 2.8 21.2 2.6 62.4 16.3 11.8 3.3 2.2 11.5 10.6 3. 2 1.0 1.1 22.5 22.7 32.9 9.8 9.3 37.9 28.3 16.1 3.7 5-3 17.3 33.2 35.8 26.3 28.3 11.1 7.9? 1 3.3 7 . 9 i; i 4 . 9 100.0 100.0 100.0 100.0 100.0 4,311,741 35,733 39,988 28,066 9,642 10,846 6.73 6.60 6.62 6.84 6.39 6.14 6.32 6.52 T o t a l - D o l l a r amount*. .... . . . 4 , 3 3 0 , 3 1 5 T o t a l - Number"of l o a n s Weighted a v e r a g e : 19 c i t i e s New York 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 and Western P e r c e n t a g e d i s t r i b u t i o n of d o l l a r amount by s i z e of l o a n $1,000- $10,000 $10,000-$100,000 $100.000-$200,000 $200,000 and over All sizes 26,223 6.30 6.13 6.40 6.42 ' 5.82 5.65 5.86 6.00 Sept. 1966 June 1966 40.6 4.3 80.8 27.8 36,6 , 20.5 7..0 5.5 26.7 20.2 7.7 2.5 2.3 69.3 13.0 9.5 2.5 1.4 7.9 8.1 2.0 0.6 0.6 100.0 • 100.0 100.0 100.0 100.0 341,014 359,662 257,291 270,950 3,696,277 3,641,141 10,715 11,342 2,053 2,184 3,813 3,694 ' t 6,65_ 6.57 6.75 6.65 \ 6.25 6.11 6.35 6.28 6.51 6. 39. 6.60 6.51 ' % D o l l a r amounts in t h o u s a n d s . 1/ Based on r e p o r t s by a sample of m a i n l y l a r g e banks i n 19 l e a d i n g c i t i e s . Reserve B u l l e t i n - , March 1949, p p . 228-237. 2! Based on new l o a n s and renewals, f o r f i r s t 15 days of month. . , N o t e : - - P r i m e r a t e changed from 5 - 1 / 2 to, 6 p e r c e n t betweeh s u r v e y s . 1966 6.03 5.87 6.08 6.08 - 6.18 6.05 6.31 6.26 5.68 ....... 5 . 5 7 5.74 5.82 For a d e s c r i p t i o n of t h e s u r v e y , see F e d e r a l