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*

•

FEDERAL

+
RESERVE

#

BOARD

R&S MR - 284
J u l y 24, 1934
MONEY RATES—.OPEN-MARKET HATES IN NEW YORK CITY
(Weekly q u o t a t i o n )
J u l y 21

1934. w e e k e n d i n g
J u l y 14
June 21

1933
J u l y 22

P r e v a i l i n g r a t e on:
Commercial paper (prime, 4 to 6
Bankers 1 acceptances (prime 90
Time loans ( s t o c k exchange, 90
days)........ . . . . . . . . . . . . . . . . .
Average r a t e on c a l l l o a n s
(Stock Exchange):

Average y e l d on:
U. S. Treasury b i l l s

3/4 -1

1*

1/8 - 1/4

1/2

3/4-1

3/4 - 1

1/8 - 1/4

1/8 - l / 4

3/4 - 1

3/4 - 1

3/4 - 1

1.00
1.00

1.00
1.00

1,00
1.00

.07
2.82

.07
2.81

.07
2.92

li -

1.00
1.00

1J

U. S. Treasury bonds (9 i s s u e s ) 2 j

.39
3.20

l / 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 ,
2J Wednesday f i g u r e s . Number of i s s u e s i n c r e a s e d t o n i n e on June 15, 193^•
RESERVE BANK CREDIT OUTSTANDING AND RELATED ITEMS
(Average of d a i l y f i g u r e s . In m i l l i o n s of d o l l a r s )

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

Change from week ending
Week ending
I J u l y 21. 1 9 4 J u l y l4.iq-fr)Tuly 22. M i l
14'
+

419
2

Total Reserve bank c r e d i t
Monetary g o l d s t o c k *
Treasury and n a t i o n a l bank currency

270
+ 3,864
+
81

Money i n 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
Treasury cash and d e p o s i t s with I V R, banks
Nonmember d e p o s i t s and o t h e r 31. R. accounts

22
+ 1J04
+ 2,621
B8

4-

* Exclusive of $287*000,000 g o l d coin 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.