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

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MONEY RATES

	On Call.			Renew'ls.
	High.	Low.	Last.
Nov. 4	51⁄2	5	5	51⁄2
Nov. 5	Holiday.
Nov. 6	6	51⁄2	6	51⁄2
Nov. 7	6	6	6	6
Nov. 8	6	6	6	6
Nov. 9	6	6	6	6
Week's range—
High			6	6
Low			5	51⁄2
Same week last year—
High			4	4
Low			3	31⁄2
Year to date—
High			6	6
Low			2	2
Same period last year—
High			10	6
Low			11⁄2	11⁄2
		On Time.
		60 Days.	90 Days.	6 Mos.
Nov. 4	6	6	6	6
Nov. 5	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		6	6	6
Low		6	6	6
Same week last year—
High		51⁄2	53⁄4	53⁄4
Low		41⁄4	51⁄4	51⁄2
Year to date—
High		6	6	6
Low		51⁄4	51⁄4	51⁄2
Same period last year—
High		6	6	6
Low		21⁄2	21⁄2	23⁄4

Bank Acceptances.

Eligible for retirement with Reserve Bank, 60 to 90 days	47⁄16@43⁄4
Non-member and private bankers eligible, 60 to 90 days	49⁄16@47⁄16
Not eligible, 60 to 90 days	51⁄2@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	43⁄4	43⁄4
New York	4	43⁄4	43⁄4
Philadelphia	4	43⁄4	43⁄4
Cleveland	41⁄4	43⁄4	43⁄4
Richmond	41⁄4	43⁄4	43⁄4
Atlanta	4	43⁄4	43⁄4
Chicago	4	43⁄4	5
St. Louis	4	43⁄4	43⁄4
Minneapolis	4	43⁄4	5
Kansas City	4	43⁄4	43⁄4
Dallas	4	43⁄4	5
San Francisco	4	43⁄4	43⁄4

The rate of 3 to 4¹⁄₂ 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	41⁄4
New York	5	4	41⁄4
Philadelphia	5	4	41⁄4
Cleveland	51⁄4	4	41⁄4
Richmond	5	4	41⁄4
Atlanta	5	4	41⁄4
Chicago	51⁄2	4	41⁄4
St. Louis	51⁄2	4	41⁄4
Minneapolis	51⁄8	4	41⁄4
Kansas City	5	4	41⁄4
Dallas	51⁄4	4	41⁄4
San Francisco	51⁄2	4	41⁄4

Trade acceptances one to sixty days and sixty-one to ninety days at 4¹⁄₂ 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.
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	31⁄4	317⁄32	317⁄32	26f 06c
Nov. 5	31⁄4	317⁄32	317⁄32	26f 051⁄1/2c
Nov. 6	31⁄4	317⁄32	317⁄32	26f 06c
Nov. 7	31⁄4	317⁄32	317⁄32	26f 06c
Nov. 8	31⁄4	317⁄32	317⁄32	26f 021⁄2c
Nov. 9	31⁄4	317⁄32	317⁄32	26f 061⁄2c

FOREIGN GOVERNMENT SECURITIES.

	British Consol 21⁄2s	British 41⁄4s	Paris Rentes.
Nov. 4	62	991⁄4	62f
Nov. 5	62	991⁄4	62f
Nov. 6	611⁄2	991⁄4	62f
Nov. 7	611⁄2	991⁄4	62f
Nov. 8	611⁄2	991⁄4	62f
Nov. 9	611⁄2	991⁄4	62f

BAR SILVER.

	London.	New York.
Nov. 4	491⁄2d	$1.011⁄2
Nov. 5	Holiday.
Nov. 6	491⁄2d	$1.011⁄2
Nov. 7	491⁄2d	$1.011⁄2
Nov. 8	491⁄2d	$1.011⁄2
Nov. 9	491⁄2d	$1.011⁄2

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