# The New York Times/1918/11/11/Money Rates

Layout 2
MONEY RATES
| | On Call. | On Call. | On Call. | Renew'ls. |
| | High. | Low. | Last. | Renew'ls. |
| Nov. 4 | 5$^1$⁄$_2$ | 5 | 5 | 5$^1$⁄$_2$ |
| Nov. 5 | Holiday. | Holiday. | Holiday. | Holiday. |
| Nov. 6 | 6 | 5$^1$⁄$_2$ | 6 | 5$^1$⁄$_2$ |
| Nov. 7 | 6 | 6 | 6 | 6 |
| Nov. 8 | 6 | 6 | 6 | 6 |
| Nov. 9 | 6 | 6 | 6 | 6 |
| Week's range— ||||
| High | High | High | 6 | 6 |
| Low | Low | Low | 5 | 5$^1$⁄$_2$ |
| Same week last year— ||||
| High | High | High | 4 | 4 |
| Low | Low | Low | 3 | 3$^1$⁄$_2$ |
| Year to date— ||||
| High | High | High | 6 | 6 |
| Low | Low | Low | 2 | 2 |
| Same period last year— ||||
| High | High | High | 10 | 6 |
| Low | Low | Low | 1$^1$⁄$_2$ | 1$^1$⁄$_2$ |
| | | On Time. | On Time. | On Time. |
| | | 60 Days. | 90 Days. | 6 Mos. |
| Nov. 4 | 6 | 6 | 6 | 6 |
| Nov. 5 | Holiday. | Holiday. | Holiday. | Holiday. |
| Nov. 6 | 6 | 6 | 6 | 6 |
| Nov. 7 | 6 | 6 | 6 | 6 |
| Nov. 8 | 6 | 6 | 6 | 6 |
| Nov. 9 | 6 | 6 | 6 | 6 |
| Week's range— ||||
| High | High | 6 | 6 | 6 |
| Low | Low | 6 | 6 | 6 |
| Same week last year— ||||
| High | High | 5$^1$⁄$_2$ | 5$^3$⁄$_4$ | 5$^3$⁄$_4$ |
| Low | Low | 4$^1$⁄$_4$ | 5$^1$⁄$_4$ | 5$^1$⁄$_2$ |
| Year to date— ||||
| High | High | 6 | 6 | 6 |
| Low | Low | 5$^1$⁄$_4$ | 5$^1$⁄$_4$ | 5$^1$⁄$_2$ |
| Same period last year— ||||
| High | High | 6 | 6 | 6 |
| Low | Low | 2$^1$⁄$_2$ | 2$^1$⁄$_2$ | 2$^3$⁄$_4$ |
Bank Acceptances.
| Eligible for retirement with Reserve Bank, 60 to 90 days | 4$^7$⁄$_{16}$@4$^3$⁄$_4$ |
| Non-member and private bankers eligible, 60 to 90 days | 4$^9$⁄$_{16}$@4$^7$⁄$_{16}$ |
| Not eligible, 60 to 90 days | 5$^1$⁄$_2$@6 |
Commercial Paper.
Best-Known Names. :
| 30 to 90 days | 6 |
| 4 to 6 months | 6 |
| Other Names. ||
| 4 to 6 months | 6 |
DISCOUNT RATES—FEDERAL RESERVE BANK'S COMMERCIAL PAPER.
| | Within 15 Days, Incl. Member Banks' Collateral Notes. | 16 to 60 Days, Inclusive. | 61 to 90 Days, Inclusive. |
| Boston | 4 | 4$^3$⁄$_4$ | 4$^3$⁄$_4$ |
| New York | 4 | 4$^3$⁄$_4$ | 4$^3$⁄$_4$ |
| Philadelphia | 4 | 4$^3$⁄$_4$ | 4$^3$⁄$_4$ |
| Cleveland | 4$^1$⁄$_4$ | 4$^3$⁄$_4$ | 4$^3$⁄$_4$ |
| Richmond | 4$^1$⁄$_4$ | 4$^3$⁄$_4$ | 4$^3$⁄$_4$ |
| Atlanta | 4 | 4$^3$⁄$_4$ | 4$^3$⁄$_4$ |
| Chicago | 4 | 4$^3$⁄$_4$ | 5 |
| St. Louis | 4 | 4$^3$⁄$_4$ | 4$^3$⁄$_4$ |
| Minneapolis | 4 | 4$^3$⁄$_4$ | 5 |
| Kansas City | 4 | 4$^3$⁄$_4$ | 4$^3$⁄$_4$ |
| Dallas | 4 | 4$^3$⁄$_4$ | 5 |
| San Francisco | 4 | 4$^3$⁄$_4$ | 4$^3$⁄$_4$ |
The rate of 3 to 4$^1$⁄$_2$ per cent. for one-day discounts, in connection with the loan operations of the Government, is approved in the case of the New York district.
Secured by United States certificates of indebtedness or Liberty Loan bonds:
| | Agricultural & Live Stock Paper, Over 90 Days | Within 15 Days, Incl. Member Banks' Collateral Notes. | 16 to 60 Days, Inclusive. |
| Boston | 5 | 4 | 4$^1$⁄$_4$ |
| New York | 5 | 4 | 4$^1$⁄$_4$ |
| Philadelphia | 5 | 4 | 4$^1$⁄$_4$ |
| Cleveland | 5$^1$⁄$_4$ | 4 | 4$^1$⁄$_4$ |
| Richmond | 5 | 4 | 4$^1$⁄$_4$ |
| Atlanta | 5 | 4 | 4$^1$⁄$_4$ |
| Chicago | 5$^1$⁄$_2$ | 4 | 4$^1$⁄$_4$ |
| St. Louis | 5$^1$⁄$_2$ | 4 | 4$^1$⁄$_4$ |
| Minneapolis | 5$^1$⁄$_8$ | 4 | 4$^1$⁄$_4$ |
| Kansas City | 5 | 4 | 4$^1$⁄$_4$ |
| Dallas | 5$^1$⁄$_4$ | 4 | 4$^1$⁄$_4$ |
| San Francisco | 5$^1$⁄$_2$ | 4 | 4$^1$⁄$_4$ |
Trade acceptances one to sixty days and sixty-one to ninety days at 4$^1$⁄$_2$ per cent.
Acceptances purchased in open market, minimum rate, 4 per cent.
Rates for commodity paper have been merged with those for commercial paper of corresponding maturities.
In case the sixty-day trade acceptance rate is higher than the fifteen-day discount rate, trade acceptances maturing within fifteen days will be taken at lower rate. Whenever application is made by member banks for renewal of fifteen-day paper, the Federal Reserve Banks may charge a rate not exceeding that for ninety-day paper of the same class.
EXCHANGE ON NEW YORK DOMESTIC CENTRES.
| | Boston. | Chicago. | St. L. | San. F. |
| Nov. 4 | Par | Par | †25@15c | Par |
| Nov. 5 | Holiday. | Holiday. | Holiday. | Holiday. |
| Nov. 6 | Par | Par | †25@15c | Par |
| Nov. 7 | Par | Par | †25@15c | Par |
| Nov. 8 | Par | Par | †25@15c | Par |
| Nov. 9 | Par | Par | †25@15c | Par |
†Discount.
LONDON MONEY AND DISCOUNTS.
| | Money. | 3 Mos. | Short Bills. | Exch. on London. |
| Nov. 4 | 3$^1$⁄$_4$ | 3$^{17}$⁄$_{32}$ | 3$^{17}$⁄$_{32}$ | 26f 06c |
| Nov. 5 | 3$^1$⁄$_4$ | 3$^{17}$⁄$_{32}$ | 3$^{17}$⁄$_{32}$ | 26f 05$^1$⁄$_{1/2}$c |
| Nov. 6 | 3$^1$⁄$_4$ | 3$^{17}$⁄$_{32}$ | 3$^{17}$⁄$_{32}$ | 26f 06c |
| Nov. 7 | 3$^1$⁄$_4$ | 3$^{17}$⁄$_{32}$ | 3$^{17}$⁄$_{32}$ | 26f 06c |
| Nov. 8 | 3$^1$⁄$_4$ | 3$^{17}$⁄$_{32}$ | 3$^{17}$⁄$_{32}$ | 26f 02$^1$⁄$_2$c |
| Nov. 9 | 3$^1$⁄$_4$ | 3$^{17}$⁄$_{32}$ | 3$^{17}$⁄$_{32}$ | 26f 06$^1$⁄$_2$c |
FOREIGN GOVERNMENT SECURITIES.
| | British Consol 2$^1$⁄$_2$s | British 4$^1$⁄$_4$s | Paris Rentes. |
| Nov. 4 | 62 | 99$^1$⁄$_4$ | 62f |
| Nov. 5 | 62 | 99$^1$⁄$_4$ | 62f |
| Nov. 6 | 61$^1$⁄$_2$ | 99$^1$⁄$_4$ | 62f |
| Nov. 7 | 61$^1$⁄$_2$ | 99$^1$⁄$_4$ | 62f |
| Nov. 8 | 61$^1$⁄$_2$ | 99$^1$⁄$_4$ | 62f |
| Nov. 9 | 61$^1$⁄$_2$ | 99$^1$⁄$_4$ | 62f |
BAR SILVER.
| | London. | New York. |
| Nov. 4 | 49$^1$⁄$_2$d | $1.01$^1$⁄$_2$ |
| Nov. 5 | Holiday. | Holiday. |
| Nov. 6 | 49$^1$⁄$_2$d | $1.01$^1$⁄$_2$ |
| Nov. 7 | 49$^1$⁄$_2$d | $1.01$^1$⁄$_2$ |
| Nov. 8 | 49$^1$⁄$_2$d | $1.01$^1$⁄$_2$ |
| Nov. 9 | 49$^1$⁄$_2$d | $1.01$^1$⁄$_2$ |