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FED E HA 1

RESERVE

BOARD

R&S MR - 266
A p r i l 10, 1934

MONEY RATES—OPEN-MARKET RATES IN HEW YORK CITY
(Weekly q u o t a t i o n )
1914. week ending
Open-market r a t e s
March 10
March 31
April 7
P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 to 6
months )
Bankers' a c c e p t a n c e s (prime SO
.
days).
Time loans ( s t o c k exchange, 90
days)

1

I
4
,

Average r a t e on c a l l loans
(Stock exchange):
Renewal
Average y i e l d on:
U. S. Treasury b i l l s (3 m o n t h s ) l / .
U. S. Treasury n o t e s and c e r t i f i c a t e s (3 to 6 m o n t h s ) . . . . . . . . . . .
U. S. Treasury "bonds (3 long-term
issues).. ..
1/
2/

- it

1

l - i

- ii

ii

1933
April 8

2 | - 3i

i

i - i

l i - If

4 - 1

t - i

1 - 2

1.00
1.00

1.00
1.00

1.00
1.00

.08

.08

2/

2/

2/

.79

3.36

3.39

3.44

3-53

1.91
2.10
1.35

Average r a t e of discount on i s s u e s s o l d by U. S. Treasury w i t h i n p e r i o d .
Negative y i e l d .
RESERVE BAM CREDIT OUTSTANDING AMD RELATED ITEMS
(Average of d a i l y f i g u r e s . I n m i l l i o n s of d o l l a r s )
Change from week ending
Week ending
A p r i l 7, 1934 March 11. I S * A p r i l 8,1933

B i l l s discounted
B i l l s bought
United States s e c u r i t i e s
Other Reserve "bank c r e d i t . . . . . . . . . . . . . . . . .

49
26
2,446
4

+
-

T o t a l Reserve "bank c r e d i t
Monetary g o l d stock*
Treasury and n a t i o n a l - b a n k c u r r e n c y . . . . . . .

2,525
7,706
2,369

- 9
+ 29
+ 11

57
+3,710
+
74

Money in c i r c u l a t i o n *
Member bank r e s e r v e b a l a n c e s .
T r e a s u r y cash and d e p o s i t s w i t h P.R.banks.
Nonmember d e p o s i t s and o t h e r F . R , a c c o u n t s .

5,387
3,473
3,299
44i

+
+
-

- 597
+1,471
+2,897
44

3
4
2
4

29
4o
20
18

.

+

394
262
608
9

* Exclusive of $287,000,000 g o l d c o i n r e p o r t e d as i n c i r c u l a t i o n p r i o r to January
31, 1934.