View original document

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

1

r
Goz,a_kstwei_s _ CA0p0J_c4.e,/ Al.,J4s


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

'

•
:
L4

ct'

_

-

—
•-•!

•.

/

1
!
1
I

/

1
"
t

I

,

/

—
`e

Jo

C4,(111-- ;Ai

1
_4k_Z.11,._

//I

/o -


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

—

41,7iI 1L
• irj-xjJ -

• 9.1-1,

— 1,,
„ry?.

--7~, v , r ? ,, )

,

...-.....vir?
72/' •fr-',1
'1.4 q't

10'1 '
. z
I
Z P, )

/
7

'/ -

1 1 i3

-,7.

77 1--'l7 '"?.,

; . ,,;•,,. (22r )11,1,4/
-- -?7,-e

Ay i.,,,

'
1--1 °•4. el/ ''''' )-)

,

f ;-• s

p/

"•'° ,•,f
' od-Irr.---i. "
... )
_,; -,;
.

,,

.••, ,..----,
,-,,, e,c.Al77 /
1'
, -0 ,
pi, t , ,-;,- • 4i-- ti.--7), 4.,- -1 i„.„ ., A,,7,
o

t' Y1'A.i 7 ir1 -r-av -

17/7
'
-

7
7

:a: * .4,fe

../:

;

d(
_</I ,f/

•,

.1

-r;

1
rre4

t

,-

e

t, 91 6/ '5?'
/.`,
1i1t''F',///

.I

,.)

'/ 7''


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
i

7-

'
1 '.,
.'
1,

e .r •

• Z'' ,'L/ 0/

-A -

- l

)cr.V-

- J.
i
07...4,
,,, / _p/ • ,-....7
,
--.„... •
,i-•

• r:

r ., I, ,,,,,,,,,,y;,
4 he,,
.
,
,

e, 7,,,e0

-it.'
-. v6g?
; / ' A. ,, . ,. 1 _ ' '
-',r) i •
e1r
/ ij

tgi,::„., t

f y/,(c / •

.7f:i ,
,g I, i(
j, •/., sz

r -.7.,-;

-

_ .. .

-

'2'

g

,. ,„,?, . ,... 229 g/
.--,..,/- • .,..; p

- 75.

ri

,
/

_

,

v

•1

r / (.

't

,

(zi `,/,' •.//PI g

,G'
7.2 eci?

e/

fi

1 .

.'• ",,...----; .•'2-7 T:2
/

,./_i

5/ 4/

.,.,, r

)

-

r'—'," - -1

•

fi..„

,''''

s/

• ( ,./5 ,4:,. .

- Pi: ,.,) • • .` - '

,j.,

,-...

,

,
))
. ,//-g// -e01 4:1 ' Th-e-e1 fte--e _s
_1,
,
4", •••4/ ./

-

ey

,

„.....• "i„.... 1 Ar---7,

-"
.:;" -2"'",

' ' ''''

I

''.

'

, )

/, -

/

,

r----•
_ • t.„__?... ( _ . ,.: ,-.:.•: t
' .._

,
';,/

(

C•a •-^---er '

1 --Q...

--, /
/,_ ,-..

1 , /.c.,'

,1

'/

"

0 •

..I

,..,

)

• 1
.
,..e

.

.,
z-,
_ /

_,, ,., 7
-

—

'''' ',-,,

•*e:

1

,- )

.L.

r-.--- • '
- :,!.,)--v

- - .e- _2

•

9
(c„--,

I

-:›- i c, .1(

_ -

.

r ,/
z, _...c., • /.....,

,,,,,....„. / /

.,
- „---1

,-•
_
1/

/

. .

t
.,.',

//
• ,

f

r.' '.

."- /tf

I

•

•
i

I
t
•- •..,

\
A.

l' P

/
.,•",
//

'
/'
.
,/ ,i

2.4"-/----.
k'

---N /

- 2„
-

(I

,

/--


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/

- /-

131k
s)-


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

'

,
)
•
_

'—+-

,

41—73T4)
)1„4:
9i(;,14..4)

4

‘14
1.1.-N

A 74

244)

),,,› , -3-44„_4‘9

\i47

-

.

______L-

----1

Ai

--, ,
vt= ()r , // 1
I •
-Lq 7s()
7 `,/,
, 4.,) _,. ; , ,
V (i:
-,1—..— 1/
,3_•\

—

---

-

L(,.

(1,4' )01/•

),
1

I
,e

1 I

\
)
10 -L(
11

l/ff0
/
9

A2/

j

4 +V&(
7
) 4,t . 2

4/11-ko
Ire",


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

+17 31`i 4/
, *// 3
214-1

/et'.

e< •

144,4t., nosw,'S

•

3

.4 41 r,(4 2.)
(9':?)24, 5-u • 3 3 —2k. S 5'; 3


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

t

,

2
/.- /

i

1

;'.

I
/ k,

.•

Ic./2-,--1
,:-

1

-

_—

—1-[

I
:

1

t21 )
F.

_

-7,i /,

Ouodu
/—( /g 3y ,
//-i /?/r- ii_i ,,,,, c,

_,

).54,16

/Y517
(-- -5 (( 1 3D PI('
,

.

• ---'
•,-;:‘
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

I

I - / I Sil

;-

.

.._

p77 '''',AC' /1 - /,'
-:
/l;. /7i

/-//t

g6 3
6

.

•

6

..

t
1

.

•
.

.

.
.i,
.
_

-

--

:.

..: t t- -t

: t ,. -

--•,-_-

-1

/-

/,:"•71
:
/ I 4-

/f


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

<

_

D

4-)

6

)
,
/ Old 6 0

,

"E

J

t

,
4

p

,re-t

/431 97 / 3
I-I-

/
I

/-

[367

3

4o/o?

,
4

-

,

1c I

I }JO

:

L!---

-^ 1--3
#

1- r- : ^:

-

.3...:

....

r

:

.if :

:_ : r it

• : ; 11 .

I t

-

i., ---_

-

.

- -1\

'if ,-,)
r.t.i'/ ,14y/ j•,

-

i, -,,

,

,„
s (.., • fr., .7, j.

IL8/
-1-; .i.,,
, rfrop

,

'
-I/ Olii kl
/-/ „518 /‘
i
•
, „frt,,,i1 ., A,.7 -7 114 •,•el. ,,, . .,44
(i
fr ,.. 1

.19' /

°09 0 V

4

-4 '.,77
1 -74
4..• 4.

ifr- A .;-; i .'(7i01 _.? :--- — 4, '1;:, t 4

0P ;
e C'

-

.. -;

.,
r-

.m.
"11.•-•,--.r.--

•

i1

• "rn 0
.)
..
.7;,(,.. ,

it


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-

,- '

- 217;/

-'

- ---;77,: -,. • , .il',,,,,,

ir :y /.r ,f ,
,g, d_ '.p':0/ - ,-'(7
.. 774 / Z 0 ,"

' ,!)1:4
••--1''

ei-ii

(7, •

-

,

^y,, • r,

,

t
f
.

t

•

.

-

,

•

•s'i)s/

. t,.L I
,

47

-

P. •., -?."

.

97

.

_

9

V
it

c P9 P/
r -, • /

1

9 °/
'P
"

. 0-.
%) g /•H

-'41-1/:i1/

•

l•C81 v8 d, .--l

-

.

1
' I ••J
I
1
11

'0/.E

''.-i

•
,--•,,; f,_ '-',P71-1 .ti:

-:-.4.,,
,
0

i.' 1

, -1. z, , ,-,• .7,

r• /7;; -t0 1-.ç ?"'
4 ' '-''''''1 ' 4 : -"-/-.;•
'-,' '''i'--:f•
C209C1•r.'97

CZIE."

i,1:g3 /

.1.2 P P vol

.;• t•

'd

. '.
•

'1.

..j.:,'
, 744/ 5.

'
---C i. g / -/ -/

',, r 05' '''', ,ft
(/' ,
.fr-, Do /

' r),70,7,4,--

•r

,

' '

• ,

g / Z.,/ 07

' i/
11 riT7 (-: i

-'

L°

'"
(\k t

f / '','
7d •

--ei,x.,. Qi,,,,

651/

c.-

151. (1

.

1'

,

0 C' O./ . Z,.5"S/ /-/ AV'i',' ,

.F.' A/ c'--c- d--

'

.

.
,

•

, .

.
•

•

(•,,,‹-,

r,,,c C ?„••1 ..7Z
`
El I - /-/

cot,-

1),.9,

_

'..' -

•

1 •,,i di ‘.,
:1

4:-?, / ..„cs,A- .)'...
_
• - ••..
,

•) - , (2/
l--9°1

.

.

•
;

4.

.

. . ,
-i,.-'.
-/
.
-.
r.•,
,_
,
ri
i /- 6.474 ''' _'-.' i.

,
.

-L:
''
, r'

i
t'.:
.--

1 i r

i•

l

-/

,

tr

i .1

i

, fr.- r '

)•••• .') / /-1

-

:,1
A

E
y

I

61

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

V
• •"

_

•

-

/(- e-•‘

— I/

• j 3

1 t)

/

,„•

,
d

/

;4.

,
"e•

• Zi

••

.•,•••

'

1

u

•at.

r
k

•

'

'

t•••••

clift} et2


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

'

at"'

1

4

/Or

1
1:7

,0-

;

( •

e.•

,

1 •

a-L

-•••• , •

,
H

/
/

_..,
.

,-- -

z) Y--,--,

.

:, • ,•)

6

'

/
‘
22
•, ,

r'
1 f)
. '9/ 1

_„,,

,

•

.J

_

•
-e•,,
1- —t
1..,
7/a '/ .,'' -• /

o ,3- 51

,

/'25,-.-7
'

'' - -/—J

//-

./.
.i!.

.- 1
)(-- 5 /)'')/'

Y.-

,

1 i ,',

( /0•0 <I ,).

.

\ i
/' V7

-

c

,- i,,,,,, ,i, 4

/ 18-) orwit'.!

‘..

_

c.,-

*. .:- ,•-'

,

..,

. 4

15 ,• • ,),:zi .

Vs-6

,-',) - 2_4 .t e ,

e ,
4414 L$.4., j
•

1

•2"..et0 4

, E. . „4".<, .....?„( ..

/3./1//

.

.

.

.

.

.

.

.

•

. 4'

.

.

'

•

.

I

•

/._,': r--,
....- .,,

/-- /
'Y 7 /

/

g 3f

/-/ /g44 ., /e, d 6 Jo;

.
)'1) •

fri
)
)
f iir
-- 1

•t 1 i

• 1

4 •
..

,
.

.

.
..

.

•

.

.

.

••

.
$

•

.

-_ _ _

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

7

i.) (.?

•

le 0....•

.

.

.

.

#
1
1
1
,

•

.

.

..

.

,

c:5-0

..

..

..

.

.

t

..

--

.

:

: _r_:,.

4: ,..

. ..-_

II

t :- :

• :--

-: 1 - 4

- u-r

._-,-....._

-—11


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

i
)

/

j,7/61

tql

_,

_
))

//I

/
12:.
.7

II-1.-j.

)

;

I

).
V 4 ' ,, C(I ':•

1

1
•

—

•
,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

7-

/

2 :..
`111."
/ i 177

f
6L

„

e.))

Lj

'1

1
•

/..-,.• — / -

•

il..4-•

, .
..
..i_
•,
-,' :---. 'c'.'
2 • ,-(- :",i./.•;--.3
,,
th iqs")8,t,—,.

'4

,
.

4,...'i j)d

I- / /'
1-

- -s

• :. ',,

,
.

.

,

.

.

,

.

. .
.

,

./. '_

\
•

• ii i‘,2

...-)
-- N./
. /is..,

,

,1 ,._,-)

/5: J,(,.
,

,

,..
'.

•
.

•
_
1?-2/(,-/ 1

!‘i•-• :
Jr:/
:
••••1 /.' //'--

/ 00ir,?‘, / g 51 //./3/'Y
'
'
'' T)

/--/

/y7/.

,f5 d )if 1

e.)ci !....

4

3,3
..

1/


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.. ,

.

.

,
4

..

..•

.

.

..

.

..

.

.

"

.

..

'
.

'.

. •

.

J

.

4._
!
•
.

.

..

.

..

•

•

-

••
..
•
..

-

•

-

.

..

•
.

,.

..
.

.

.

.

•

"

.

.

.

..

--_-=•- .: x ....-- ..t.

•

.•

•

•

-

f

••

,

.
.

.

.. .

.,

.

4

..

.

.
...

.

.

..

..

1

,

..

i
.
-

i

..

•

•

•

4

-

.

.. ,

,

..

4

..

4

..

—

-

.

..

.. 2

4-

i=-3-.--

;

1,- - -.4-

- ---.Y«,-.4-

.-

. .- +
'

1:----.4...-

41-

,

$/.

1:',

'
,..E' /i
)-;

;

i s'j.1-

r-

,

.1, ) S 1

I
.

.

•

/?- --)
.../ ,

_
, -, -'-

: 1 /6 / //i.c.."?, //---76 /Y!- ,_- /-/ lg.2.- -

gr ov,...„1-t.,-0-)

1 ,-"' %

,5-6

' :).

',,-.51 ., .,'
, ; ,,t
r 1,71!-,,

,
...., (
1 . 1 ,r ,' .4 1:-.,4.
.

.

I
•

,i

166
7.,.., 6 d 6,
)- / )g 7,S-..:
-t ./ //-'1
/ •?-2 /2"'
1''
'.
:),. ,f...... 4 d. - 't.....,,x ,-,,',:......- 1., .,.//,,,, --7,
v p J g / /s-1.-6 _e.,<;,,,,./ ,:,„.,. ,
. i.':=••-r

- iL'' 1

#7

p a--vti---

.

.
A.

;
1
.4i,
1
'I
I

.

•
.

- - 1 --

// 7-/$I/Y54

. / ."/

.e.i? /YS-s"..

5,)

1e74-- ..i so 00 6,
•.6— t

(4*

..

.
/aL /

("

..

. ..

.
..

-17.1
LJ

.

..

‘

,

.

c) d ...,

..

i

1

.

..

.

,
.

. .
.

..

.

.

..

.

4.

.

.

..

.

..

..

..

..

..

.

.

.

1

•


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-\._

-1-....,r - - -.r_,-= •

• _sr t .: -

• • -1 -4t. • • 4-

-

__-.4
11

.. -r -

. 4- --...,:t _r -t--

,.-•

1
/12_ e

•

,.•/ v..) .'y'•-•.
. 17.•./ Z 6 / 3!.:L..

\•
)
1

'

/1- [,)

; ')

,'" r,' ••-'

/-'

.:--- J '1 )

).

'

.: = t -- .2.„,..„ ,..

,,(' --?.,:-.;

l
.

-

.

•
.

.

. .
I/

. . . _./ _ _

. .

__. c;,//
/ 1 /,s'e.. ,
/16
/1-7 /tC4

0 z) ,.‘,.

/0 d 0

<I

.

•

.

/.5-7

1 / / Yri S

,

.
•

--

,

ei-. Li ,
,

-___

—_

___-

.,_,
_

//

7

73 i '-'. • //— 6-1,1(
1
\

/-/ a6-7

,,
)-!4

1
_.

--e•(- f .-.4.,...."4?

,,, 5-00 1
.t.

..?:r

Aa-Za ,.

.,21-4-z.z. .!../ s"
.
/pa 67 ,6

.•

•<?.‘--C

1 e,,,t).--14./

• , -, TH..'1:7
4`N.—.

(
.& --1"-x\-' '

„,l

c-if,
,
),'--7
..:2 AceJ;i4 -(..,‘

-14--

IL-

•••R--- .
'
-..•••°---(;',... ("'/ ---1',
'1

.40...."--4...11.7

r44"e, 4
•S•Ail•.-- 0.•I ),..

. raid--4
•44

/.0 0,,'-)_,_)i)i L.( ••-1...•

-e-,-: ...1.6_..,K.L
,i...,/c

atr1,-

, -e •

4

2 -P41--..4.

..t.--Z.
„4
,/
1 ,-,4•,;-114.,...-Vk.-ii

,t.--e •
)

:://..."

4

;

A'
1

/L.L.-

t,

14

..

a i(...,.-.;•..,„, '•• , 4,4-4,
'
/".-/-k-f- .

4. :(...

,
”1t•
' 1/
10 x-e.-d r.-r ,f.
4.---1 .tait,t_ •,le .r
-4„-(
7 ,
(..

,

.

.4

- e‘,is. 4r- ---,?z
e ,:••,'e ,a;'

1-

a i>

...,...

;

'
Irt ./.f e
.,‘,..-

1-11,11-).

V dr:,i ... L.
,.

/.2..ce 6 d

a ao

p.2.5-6

'.
4
1
;,--,:. ..

2Di • L

1

2fri .

.

Digitized - for FRASER
- ----https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.
,)
•_- , D J

,4,.

- ,,--/ C 4--e- 44)

,

4.--41

4„c
7

• .•4-:'; ,••-•-,

f,. , .:/_
,1.--'1')

,
4 4/
, ...2.7 ,
,

,,.':.'A'

.42- i e.,A

..e
qv .:,./.,

24, d.
/

/g •::2•

_i

...."----- 44,/Gia..
:
!/i

•

./:

•

f//t. ,••

••••

11;

,'- -.,•,

-)4.
r`1-•- :Li..___. :.:•.
i
t

-1----1-4-1
, :
i 1

4: : -:- :. : : 1.. -1: : - .

t,.... ,----.--,-_.-,:.

.

)

s

)

.(/

•

r
(.1,77N • f3 c,.,„

2) a

i
_

31
,? ,

•

,

i

,,

1

,..e...'' -

,_(.

•'•• . -

•

,

t

ii

.

4•

,
,, 1 c. . .5 7

/ ... , , ,

,

.

_

.

...

//- /7' _ ,A. ..., • ,

,

,

,

1

....,

s“.

'1/ 1 , •

_
.,

I •••

,
A
?

1

r
'
i

.,,
j:- ''''• -

;

LI
A

Ii

•

6 d 1
,,) -- ( ,c- [1:-,/ /-/ /,,.

,1

..t
)
"
, . ._.,-)0......


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

, .) i

/0(.16 '5',

:


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/

111

.7Atre,i 4tC,

4--r1

,f)


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

„Fri;

rec
1^ •

_4_

2#2

-->72 y.tyci tI
;

•

#

•••:'

•

/1 -

3

7

1/-i

9

/027 /)•:-

=,7 -

-

cc"
)

•

r--1
-

7

I
9
/0,

•

"

f

.
/133

/0.

•
•
/? 3.z.

Ar.A.,.... ....> v .

/0

p
i

/-2, e
:

.

---

71-1--1 ., ,;-,___::7-

......•-

----,

- I--' •

/ 7 ._',

—

-

,

/L

*44

,_..,

„

..,

"..,

, ,...„.„_

-

/7
,

67..t.,.. I`
c-

/)- 7- / ::,-_-..
/1-7- )!'5;2_
-'?- )3./
)1- 7 i 3 3 -2—
lI

'- ,_:'., / Y 3 3.

t-

. A

i cf.'n.-„,",-„,:„..,-," 3_, ,

19 ,.;
)e .-.:,'
r-:
- ,-:•-•r.56-5'.

_. /t,.. 2 ,. .,.

,7',
(../ /

=io /1-1-• S',3.

7,
1-61-e'
'
lL
(1 i' ,-) .

ie

.

.1-

,4
-

,

4:•-_
'
1

,:..,
- ....+

,,
ii
/-

i ,"

,

s.

..

/
.
/,S

.

_ ,/

r

V

,

b 3 i-)

ein ,-. /./ ......,,, ...2t,,„ ,,.
c

/0

,

li.

.
S

33

a--"-'

'9eit2, j1-

, ,'

j2

(-....,, .

ii

7

.
, „„

'••

.,

,-,,,,,,

//-`7

1?

..
- .
1
- https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

::

•

.1

1 '

") =' -

1 /

-• _

-V1
—

i-

,
c•

-

.

t-

_3 -

../S/6-

d. ,. . . .
,
1

. 0_,-14,-;•,::,

4

/0

..
rr ,,.._ .(..:..‘,.;- , it>,,.

i.,._,

1

,...,
/9.0

"
v)
(+ •L'.. 4-

,

y. $ -,1

...,

,,ij,,e--..
I
1
I

/ '1 ;.:.', V.
_..\._... g

.

.

.

..1 fg‘ .1

tiw.
0

/
•ecf
'
---::e

"- /

if

.1-',)

.

•

ck--) ;,'

..„,,,

,
i,2---S

.

..•

r._'- / j - .i

/ --

-

- I
i

..

1 S-'ttt

Eitte---b ,

..-

)t

-

_
4—•? .,

2‘.,..-

ct,.., .,,

1
42,-S
it,-

,

14--n4:eAti‘-te.',-1

111):4

I
.....

?

,,/

..

et"...,

•,.,,,-:, ,

..
,f-.. .,-,

/
',as
jq

.4

=


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,..,, ,,2

I

..:: i_-_.
,
--<-4
.1' ,
7

.

,

I

1


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-

1

- a

,

, a / ...J
.4_i 7 1 • ..

.

-.....

-' .-i_-.:- _ -,

,
,
,,,;.. -.7e? i ._ / i:V.

(
-1.4._ 4j..

— 4.)

/7
,...77-70......4i

.

.

, yw,--,-,-, _
}-,14.0.-1, !...?....-).
5-7., -e.--,,•,--4),!...-s-i

4- /

.,
I 41's . -/

-

,

••

,
."...,i)

11',0-, ,,., f

/

V .

„--) --

.

,
, 1/- - ,,'..,i,:i' -2' . 1- 1- .
.

.• ,

...
4, -- - •

'-

'

.
._

.

—

..

0

.
,

e--

.

2'. -S
.
..

,

.

.

,

.

J
-kA---,"

1 7.

_ ..

12

'

!.‘, _,

i •- -> 4 ,— 4

-

-.

--

,.1 ,
`--:
- -1("
(
'
. --)
.-''.
'-

..

,

,.0--4".
.
- ,
- ./4‘..,,,-.) i-.....

!, _2,

,.?--,

..

•

i

, ,d,......,/ ',... - , .-..-__,

--:',

/,

,
.

;:- +

,-7-1- 1 4

,
-,''''

e

.

7

- .

.+
.

•7,____A._c_
fe—.4k..4 C.4...4.--- ,

.

i..
, 1 ff_, . ',,,

'

I ..-. 1.1-

,..."1
--r'-

.1-/-,
,
,,,

...,i- 1.....--;_,‘-,
. /-

4 -,.._....

C

f'..r - ,...-.<,'
'

•

.

-c 11

,

,

.
,

.

— 4•
1

'
.1
5 vv.. t.
If T

1

_ -,
.H

c

.t.

4)
.. L.0.--irr t)

/7

i

,

-41
1
_____14..-L,..,_

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

- ,.L. '(

,
'‘ ,''' ....2, •,

.!

.

„

1

i

•

"::1

a

)

I
.,.. — .

•

..

p /..1-,

_

.41Zitfr

.

,- '
'''''."

3'...-

..-4---1, t

,.00.175,,,,iiie

""--1
.-

v
.-

.

-el----l'

e4/12...4.,6,14/
.
. I, , .
,
.

,, - J,I._
,....,,,, ?....c.p.. . .
.__17.:._ .,,_. ., . . . ..
,,

.

1. •,

-

44—e ''.

I I)

I

,- ''.:

,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

17
/3

17
/
•
H

" •

;

•

„

/5• • -1 '••
f

-J:
I

.1 .
C)

•
-

-

-

•

///


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

z
.

r

4.1
'

f
4

/7
/7

•

2f"7

1

/1/4.

;

/7 3

-

-

/7
;

3

3

I I-

1
-

—41

T

//r


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

L

c7/

4- -

-

a

-

•

,

/
f


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-

°

/4,
7

•
it'7+ 9-2,
LL

-..3

,)
V :t.) ,
r...,_

ib a. .. . ,,

/./...4/1„ '.1 • 4
1

-- ,
4,
•. ......,

,-C-•

/-

3
11
,

-

• 5-

..,

/

11-1
1- / i ,-7

/

1J-

3- i es-.,

.5 L., ._, ,.., 4j

'
i`
;
.
`

.
.4-,'J ,..,.::

-7,
:
. •

J23 I i - ----L---

734_,L.,_,

.‘,„,-

“5,_-_,

I-I- ' 22(

) 1 /t/$iL
//-- v -/ I? Y--

/

1

I-

/ k2 ..

/-,t / :0 4.:

z1 (.7

i

/

./ / 'f_l_

-'
'
'

.

1
,
/6
v

IC
3/

-

/

/

,
'_., _

'.:, • ....--

,- -:

.

,

1

/Ys5.2-...
•

,
Cta- /e/ .: z.f., :::'
f_ ,_ ...,/, i ,., „.t._ _ :
l'
))

f

3/

, ,.. .

.97

, -;,;--A.-•

-,.?_

,) ,;-. , - 'iz- i

4 /.

ti4-!, I , '. ,

/,
_.

1
— —.
9

cI,2
521,t -,_----4

), ,•.„,, ,,J

4.
1.2,

- i- 1

••
1
• . ..
•..,_.: , . .:. . •,


\ A

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

4,

_

•

,

,'1


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

3

I

r

_

- 7--

13

,

5
-s
37

re,

rt-E-

-

/
-1

SS1


I
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

7
'41

J

74/

:

- 3

,./ . _, ,..,,,,/,,

i
._
, ,,' _ _ i i ,,,,./

..

_

,•/,
•-

/---:- '..- --__,_42.

,

_

91
,
%5-tq. -#. I

•
iiii:- .,;;-.e• ' '.
.,, „., / . .

-......
. _,

e ,...„7) — ,,„.....4
' -

' - .,,, .? , ,,---/

r

.

et.
,

-i-

/

let.

-f

/

62 O :-t. --.- /
.2.2 ',3g..,...— —
3 a_

‘/

S

r-)
--

-

'

(-;,,
/,
(,,,
• •r_ --/ .

.. ,

.
:•

,_.,

,7
4
, „,t _/ ___.,

,t

,....i
.

• ,

, c... /.'.,:' / - •-i- ,,
? ,
,
1
•
/ - ..., ,
,•••
r' .....',..-

-

.

I

,
,

,
c
,...--! .,, ••f.'

;/ ,' „

,

/

/

I •

'

'I

_ ,

:_

•.

,,

I' - -2- 8r.- .3,
1)

'
/

,
4",2 . r ','

> -.-. . . - '... ,-..., t ... k

r

r ',,--.) . - -.. - - ,,
i
. __

—

h
,1
,.5,1 .._,

,--;

-

J

i

L-

4
/

,
4:•{)
-- _;
..

,

,-.- ...,_......>

—

1
'
—

4- ,

.

-e
sy---1.--/-6..-1

.

)
t- If
,t :

c.,.

.

,,,,.......r,.77.-er'....k-2,-

4',_

-i
,

(/
i • ./ li.4 4- ,el'
... ,
-* -:-- .5 ,, ...,.-. .-.
/,1... -.:..,.. . -_,_ •
Q./.e46, a.. .iic;"( 2:rz„..., 1.,_, ,t..-,./

e:r,- c.1---,
, ,..,. ., ....-

/

•

._..•

„.-. 24. .,. .,

i

r
....
..,/
,
4

2

-•

..

..

A_
,

.

.

•

.

,.



https://fraser.stlouisfed.org
I
-71.1 ----- Federal Reserve Bank of St. Louis

1...;

I

.-e
"
I4
,--P-#P4/

,,
..,,, ........„4.., ,.. ,

i
. - I0 •

,;../

.1

6...,
,d 0.-7/

,et
../ -t r.--4...-

r•-tes(....,

I t 2 •ifIII

7 :....

Jr.,
,
-- 1,-:.1„., /24 :-,,,4_,,_i*1,y___
, r

..,....:
4)

...f..-p..--/.4..4-1.
:
4...
fl
.

•i/

.

ir

—


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1
•

S

•

L


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•
•
•

r

1


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

• ,. j

-

(.1 7- c-`2,

,

7tY'

Y't)-cr 2- ---

.

,

-

,a. . ,
A,

4

//_ 7- /I
7-

/

/

/

k,

V
.:,.., .,
A/(

',.....,

- !:.:"

e, . . . i. ., . ,_ , •

S4.)

C

/jA

,l'
r '

1(I

•

..,

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

'I

•

•

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-

•

•

,/

•


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/
•


https://fraser.stlouisfed.org
L
Federal Reserve Bank of St. Louis

,

jea-At

L
p Y 3— /b/...i2

•

YT

d,-(Awei
/"1
i/
j
00-4o-c-td:1

,0
A4.

4J-0.

,4

‘,7,,J6)0

•

- 5/P33 "4-skt 9'-

a 67

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

•
L


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

J

•
•
7

L


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1

•

•

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

7•

•

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

L

1

r
.
•

•

L


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

7

•

•

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,•
•

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

L

7

r
•

•
L


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1

•

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

' c'

R
r-3,94
"1r-1(

hr

p

ry 7y- c...e_y_k,

I••••.irs77411pe

/07"Plie

.q/

/.!
t-7 71

P2'97.Pt

A


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

?••

7.1)

e

,

4 e el

/

'

'


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

!

e

•
/

./

r

re-

r

•

,

!--C.-/

eele)

e".7 •

I

,

)

, „O./

/
4
0'

7:
9

6.0

4

/
.....r1•10 • /I,

1

//-/

ito

pa..4./. go"

1

A

11,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

(1--0
:2

L._

/

.

„

3b

r •'


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,-r


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

-


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

7/1


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

A


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

r'

t

Wm-

‘/-

I

/-

IR/41k%,

tv:
0.4tf,/


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

a

,

it
r-ta-


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,..


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/77


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

'

/

/

_


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,

,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/

'

/

•••"/


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

//

4-

/

/

I


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

)

/

/

•:,

,7s

)


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

y

12

1‘,L- \v`

f• /


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,

""1.

n

(


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-

I


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.•,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

I


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/
Kr---

•
•

/
•


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

dirr- A

'1

r


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

—


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

_

,
-

t


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

C


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•••••

•<'

,

1/

-

/


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

7

4,

• t ,/t

Cs/

/, Ic7 7/)

c7 5-6 in

r

vea 7-4.•

'4

11/ 4/.

,

/

/

JP
-4

,

"3 Li

e 2-

4

10.
la,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

II


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

)


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

'

•


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Ill


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

4

sei62.1,0
eet,Wat,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

4„417

•.

12
•-

\•••.401,-Na•-='•

•••••••

•

7
/

/,)

/3

01 33

3
/7

t

•-•

t

-r)1 3't
^

,
14

•

II


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/Erz,o

/

/
/1

i?

, /7
/3 l/f

•••

C.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.2/

4._

1

,
14,

.3

/f

•19-

-Z4

3

,

c;2

37

33

II
.5 A,

,27

P.1

6

140

3

II

7

7

/."74

Fist

13
/7

- 23
3

t‘f

4é

7

76t,

1

/

17.

3.4-

A

3

V- —

4

;

37

•

https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

11

,p-v

,

I

2.,

.2

A-

g)

1

bL)

1

2

_67

/

J

3
171

7
‘e.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

36

(
-r
4
7

9

/,

7

r
/
L/7

/..,

.2 a
3


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

0
•


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,

,
,


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

r


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

r


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis