Money Supply Sluggishness Worries the Administration
THE FEDERAL REsluggishness of the moneybetter than 5 per cent a SERVE System is drivingsilppjy particularly ominousyear.</br></br>ninnnl^ 1 1 eco'should find that an attrac-ing because the demand for nomic planners	.tive	combination,	but	bank-ioans	has	not	been nearly as</br></br>Its a notably successful^ are not being besieged}arKe as tbe Potential sun-easy money policy by everyby mobs of loan-hungry^8 35	På¡tential SåÇP and thatÛªs the standard that ÛÏSOMETHING BAD ISprime IendinS rate from a some White House advisershappenuig to the demandpeak of	per cent last</br></br>watch the most closely. for money,Û a leading credit^arcb to 7 per cent. The The money supply con-policy expert declares. rate that banks pay to bor-sists of checking accounts The chief hope is that the!ã¢ *unds	å¨r	. now than it was in mid-Au-r,iv wni nrovP +0 be a temnn-tke per cent range ^rom gust and Administration ofj^pjateau that was caused^6 than 9 per cent a year ficials fret that credit can-by the spreading Impact of38</br></br>not be very easy if thetbe General Motors strike The sensitive Treasury money supply is not grow-lf SOi the money supply willbin rate broke be]ow 5 Per ing.	begin	to	move	ahead morecent at the end of last week