View original document

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

•

•

FEDERAL

RESERVE

• •

BOARD

R&S - 299
October 16, 1934

MONEY RATES--OPEN-MARKET RATES IN NEW YORK CITY
(Weekly q u o t a t i o n )
Open-market r a t e s

Oct. 13

1934

P r e v a i l i n g r a t e on:
Commercial paper ( p r i m e , 4

- 1

3 / u

3 / U

-

1 1/4

- 1

1/4

1—1
1

3/U

CO

3/16

i—1

1—1
1

3/4-1
Bankers' acceptances (prime
90 days)
3/16
Time loans ( s t o c k exchange,
90 d a y s ) . . . . . . —

1933
Oct. 14

week ending
Sept. 15
Oct. 6

3 A - 1

1

5 / 8

-

3 / 4

Average r a t e on c a l l l o a n s
(Stock Exchange):

Average y i e l d on:
U. S. Treasury " b i l l s 1/
91-day b i l l s . .

1 . 0 0

1 . 0 0

1 . 0 0

1 . 0 0

1 . 0 0

1 . 0 0

-

.24

•75
•75

.12

-

.28

-

. 2 3

U. S. Treasury bonds (9

3.24
3.21
3.23
3 * 1 3
1/Aver age r a t e of discount on i s s u e s s o l d by U. S. Treasury within p e r i o d .
2/Wednesday f i g u r e s .
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 )

Week ending
Oct. 13.1934
13
6
B i l l s bought
United States s e c u r i t i e s . , .
2,429
6
Other Reserve bank c r e d i t . .
T o t a l Reserve bank c r e d i t . .
Monetary gold s t o c k *
Treasury and n a t i o n a l bank
Money in c i r c u l a t i o n ? . . . . . .
Member bank r e s e r v e balances
Treasury cash and d e p o s i t s
w i t h F. R. Banks
Nonmember d e p o s i t s and other

Change from week ending
Oct. 6. 1934
Oct.14, 1933
- 2
- 107
1
- 2
+ 96
- 1
3

2,453
7.985

- 5
+ 5

15
+3.9^8

2,403

- 3

+

5,489
3,976

+12
+67

+ 97
+1,432

2,961

-85

+2,619

126

4i6
+ 4
88
^Exclusive of $287,000,000 g o l d coin r e p o r t e d as in c i r c u l a t i o n p r i o r to J a n u a r y
3 1 ,

1 9 3 % .