View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

F E D E R A L

R E S E R V E

B O A R D
R&S MR - 27S
June

MONEY RATES—OPEN-MARKET RATES IN NEW YORK CITY
(Weekly quotation)
1914, week ending
May 19
June 16
June 9
Prevailing rate on:
Commercial paper (prime, 4 to 6
months) .. .
. 3/4 - 1
Bankers' acceptances (prime 90
days) ..
1 / 8 - i/4
Time loans (stock exchange, 90
days)
3/4 - 1
Average rate on call loans
(Stock exchange):
New
Renewal
Average yield on:
l/
U. S. Treasury bills (3 months)
TJ. S. Treasury notes and certificates (3 to 6 months) ....
U. S. Treasury bonds (3 longterm issues)

1.00
1.00

1

193T
June 17

1 3/4 - 2

1

1/8 - l/u

1/8 - 1/4

3/4 - 1

3A - 1

1

1.00
1.00

1.00
1.00

1.00
1.00

3/8

.06
*

2/

2/

2/

3.22

3.25

3.27

*

.08
3.40

1j Average rate of discount on issues sold by U. S. Treasury within period.
2/ Negative yield.
* Change of issue on which yield is computed.
RESERVE BANK CREDIT OUTSTANDING AND RELATED ITEMS
(Average of daily figures. In millions of dollars)
Change from week endin:
V/eek ending
June l6. 1934 June 5. 1S34 June 17. lc;y
28
Bills discounted
1
227
United States securities
Other Reserve bank credit
Total Reserve bank credit

5
2,4i6
9
2,459
7,819

Treasury and national-bank currency

2,361

Money in circulation*
Member bank reserve balances
Treasury cash and deposits with F. R. banks
Nonmember deposits and other F.R. accounts

5,337
3,825
3,008
46g

*

+
-

+

.5
491
7

+

252

29
3

+ 3,789

23

118
+ l,6l0
+ 2,660

+

45

+

3
7

+

-

Exclusive of $287,000,000 gold coin reported as in circulation prior to
January 31, 1934.




66

^5