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FEDERAL RESERVE statistical yrr release 5S/? BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM Bank R a t e s on S h o r t - T e r m B u s i n e s s Loans If August 1 - 1 5 , 1968 and May 1 - 1 5 , 1968 I C O R R E C T E D COPY September 2-3, 1968 Interest rate (per cent per annum).1968 Percentage d i s t r i b u t i o n of. dollai $1.000-$9,999 $10,000-$99.999 $100,000-$499,999 MayMay . May 19A« 1%8, 1%8 .1968 1 968, , 1968 , 3.5 . 16:0 • 2-1 6.7 4,7 L e s s t h a n 6 . 5 0 per" c e n t . .3.1 6. 50 p e r c e n t . . . .< 6 . 5 1 - 6 . 9 9 per c e n t 7.00 per cent. 7 . 0 1 - 7 . 4 9 per cent 7. 50 p e r c e n t — 7.51-7.99 per c e n t . 8.00 per c e n t . . . — Over 8 . 0 0 per c e n t . . . . . . 33.9 24.5 10.6 10.5 6.5 3.9 3.2 3.V 34.5 • 22.9 9.1 11.0 5.3 3.2 3.2 3.7 * 6»0 T o t a l per c e n t 100™ 0 100.0 100.0 3»7 6 5 , 1^1, 36,177 4,185,959 38,526 T o t a l ' - D o l l a r amount* T o t a l - Number of loans'; : 7.3 11.4 13.4 . 20.5 13.4 14,. 0 • 7.2 . 10.5 • 14.0 13.6 11.0 12.1 6.4 10.1 . 10.4 14.7 15.1 20.9 12.1 9.4 .6.0 8.7 100.0 56,072 14,805 60,054 15,812 11T 3 • ..14.:0, , 16.3 '8.5 ,4.9 9.1 : 100.0 466,316 15,128 484,962 15,880 >1-8 ,44.8 9.6 5.5 tl 1 . 100.0 886,763 4,632 21.4 24.1 13.0 15.5 6.2 5.0, 3.7 6.0 100.0 958,666 4,943 . $500,000-$999.999 1968 3.6 31.3 29.2 , 9.1 9.2 7.0 • 2.8 3.9 4.0 . 1968 $ 1 , 0 0 0 , 0 0 0 and 1%8 , May 1968 6.3 32.2 30.4 9.0 8.6 5.5 2.5 ' 2.9 2.5 . 100.0 100.0 524,728 851 625,538 1,018 48.4 25.2 9.3 6.0 3.2 1.8 1.4 1,2 47..7 22.,6 5.,4 • 7..7 . 3.,3 0.,9 2., 6 1. 7 . 100 , 0 1,831,248 761- 2 , 0 5 6 , 739 WEIGHTED AVERAGE RATES (per cent per annum) 35 c e n t e r s 6.89 6.67 7.16 6.96 6.74 6.86 6.86 New York City 7 Other N o r t h e a s t 8 North C e n t r a l 7 Southeast 8 Southwest 4 West Coast May 1967 B u l l e t i n . ' . 6.84 6.60 7.19 6.89 6,61 6.87 6.76 , * - D o l l a r amounts in. t h o u s a n d s . NOTE: Survey f o r May 1968 h a s been r e v i s e d . 7.35 7.30 7.49 7.35 7.09 7.20/ 7.73 7.18 7.27 7.21 7 . 1 1 . 7-14 7.07 7.21 7.48 7.49 7.30 7.34 7.26 6.89 6.96 6.83 7.16 7.08 7.02 7.68 7.50 7.37 Business Loans was r e v i s e d . 7.00 6.81 6.70 6.82 6.69 6.64 6.60 7.34 7.14 7.10 6.83 7.06 7.08 6.90 6.78 6.78 6.65 6.61 6.53 6.54 6.91 6.85 6.78 6.72 6.72 6,95 6.70 ,6.80 6 >61 - d e s c r i p t i o n of. r e v i s e d . s e r i e s ' see pp. 721-727 of the 6.87 7.28 6.68 6.52 6.90 6. 76 " 6.37 6.86 6.54
