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BOARD OF OOVEbHORE
OF THE
FEDERAL KEfcivRVL SYSTEM
R&SMR590
March ?A, 195G
iViONEY RATES —

OPEN-MARKET FL:.TES IN NEV.: YORK CITY
(Percent per annum)
1935
1956, week endingMarch 21 March 14 Feb. 22 March

Prevailing rate on:
Commercial paper (prime, 4 to 6 months). 5/4
Bankers1 acceptances (prime, 90 days)... 1/8
Time loans (Stock Exchange, 90 days).... 1
Average rate on call loans (Stock
Exchange):
Renewal
Average yield on:
United. States Treasury bills 1/:
273-day bills
United States Treasury bonds,
(13 issues) 2/.

5/4
1/8
1

3/4
1/8
1

5/4
V8
3/4 - 1

.75
.75

.75
.75

.75
.75

1.00
1.00

.12

.10

.07

.18

2.55

2.59

2.72

?. 5^-

2/Wednesday figures.
RESERVE BAI-JK CREDIT OUTSMDING AND RELATED ITEMS
(Average of daily figures. In millions of dollars)

Bills discounted
Bills bought
U.S.Government securities...
Industrial advances
Other Reserve bank credit...
Total Reserve bank credit.,.
Monetary gold stock.........
Treasury and national bank
currency..................
Money in circulation
Member bank reserve balances
Treasury cash.
Treasury deposits with F.R.
banks
Nonmember deposits




Change from week ending
V/eek ending
Mar.21,1956 March 14,1936 Feb.22,1956 March 25,1955
+1
6
-1
-1
—
— —
— —
5
—
2,4o0
— —
+10
50
-2
+10
+24
19
-5
+11
+55
-7
2,491
+4
+14
+1,619
10,175
2,502
5,857
5,220
2,518

-1
-2
-548
+1

+5
+71
-584
+11

-24
+587
+851
-598

968
358
265

+576
-2
-11

+492
+11
+10

+701
+96
+11