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F E D E R A L

R E S E R V E

B O A R D
R&S MR - 75
April 14,1931

MONEY R A T E S — O P EN-MARKET RATES IN NEW YORK CITY
(Weekly quotations)
1911
Open-market rates
Apr. 4
Apr. 11
Mar. l4
Prevailing rate on:
Commercial paper (prime, 4 to 6
months)
Bankers 1 acceptances (prime 90
days)
Time loans (stock exchange, 90
days)
Average rate on call loans
(stock exchange):
New
Renewal
Average yield on:
U. S. Treasury notes and certificates (3 to 6 months)
Ue S. Treasury bonds (3 long-term

2i

2* - 2 |

1&

14

lir

2 - 2i

2

m o
Apr. 12

31 - 4

2 7/8

2 - 2-1-

4i

1-53

1.50

1.67
1.70

3.67

1.59

1.47

1.28

2.97

3.39

3.39

3.39

3.46

1.74

1,60

if -

-

4.00

RESERVE BANK CREDIT OUTSTANDING- AND FACTORS IN CHANGES
(Averages of daily figures. In millions of dollars)
Change from week endingWeek ending
Apr. 4, 1911 Apr, 12, 1910
Apr. 11. 1911
Bills discounted
Bills bought.
United States securities....
Other reserve "bank credit.. .
TOTAL RESERVE BANK CREDIT.. .
Monetary gold stock
Treasury currency—adjusted.
Money in circulation
Member bank reserve balances
Nonmember deposits, etc.....
Unexpended capital funds,...




600

21

:3
-

2

~

S

958

- 19
+ 8

1,764

+ 12

4,648
2,372

+
~
+

4,707

26

383

9
8
1
1