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Board of Governors of the Federal Reserve System, Washington, D.C.

ANNUAL STATISTICAL DIGEST
1988




November 1989

Copies of this publication may be obtained from Publications Services,
Board of Governors of the Federal Reserve System, Washington, D.C.
20551. The price is $25.00 per copy. Remittances should be made payable to
the order of the Board of Governors of the Federal Reserve System in a
form collectible at par in U.S. currency. Stamps and coupons are not
acceptable.




Preface

THE ANNUAL STATISTICAL DIGEST is designed as a
compact source of economic—and, especially, financial—
data. The object is to lighten the burden of assembling time
series by providing a single source of historical continuations of the statistics carried regularly in the Federal Reserve Bulletin.
The DIGEST also offers a continuation of series that
formerly appeared regularly in the Bulletin, as well as
certain special, irregular tables, which the Bulletin also
once carried. The domestic nonfinancial series included are
those for which the Board of Governors is the primary
source. Sources of data other than the Federal Reserve are
listed in Part 3—Notes to Tables.
This issue of the DIGEST, like those for 1980 through 1987,
covers data for only a single year—in this case, 1988—
unless data were revised for earlier years, exceptions are
noted in the Table of Contents. The DIGEST serves to
maintain the historical series published in Banking and
Monetary Statistics, 1949-1970, and the DIGEST, 1970-1979.




In this issue, series include revisions to all the data
available through July 1989. The current coverage of the
series, any changes in the coverage, and other pertinent
details are given in Part 3—Notes to Tables.
The numbering system for the tables contained in this
issue differs slightly from those in previous issues of the
DIGEST and in the Bulletin. As a guide to tables that cover
the same material in these publications, the Board's staff
has prepared a concordance, which accompanies this
DIGEST. A glossary of Federal Reserve terms is available
free of charge from Publications Services, Mail Stop 138,
Board of Governors of the Federal Reserve System, Washington, D.C. 20551. Suggestions for making the DIGEST
more useful may be sent to the Economic Editing Unit,
Stop 41, at the same address.
Please note that the index refers to table numbers, not
page numbers.

Symbols and Abbreviations

ATS
CD
CMO
FHA
FHLMC
FHLBB
FNMA
FSLIC
G-10
GNMA
GNP
HUD
IPCs

Automatic transfer service
Certificate of deposit
Collateralized mortgage obligation
Federal Housing Administration
Federal Home Loan Mortgage Corporation
Federal Home Loan Bank Board
Federal National Mortgage Association
Federal Savings and Loan Insurance
Corporation
Group of Ten
Government National Mortgage Association
Gross national product
Department of Housing and Urban
Development
Individuals, partnerships, and corporations

MMDA
n.a.
n.e.c.
NOW
OPEC
REIT
RP
SDR
SMSA
VA
*

S

Money market deposit account
Not available
Not elsewhere classified
Negotiable order of v/ithdrawal
Organization of Petrcleum Exporting Countries
Real estate investment trust
Repurchase agreement
Special drawing right
Standard metropolitan statistical area
Veterans Administration
Amount is less than one-half the smallest unit
in the table (for example, less than 50,000
when the data are s.hown in millions to one
decimal place).
Not applicable

U.S. government securities" may include issues of U.S. government agencies.
State and local government" also includes municipalities, special districts, and other political subdivisions.

6

In some of the tables details do not add to totals because of rounding.




Contents

The data shown in this issue of the Digest are in general for 1988. The exceptions are indicated in parentheses after the table titles.

Part 1—Regular Tables
1. Reserves, money stock, liquid assets, and debt measures (1985-88)
A. Quarterly changes
B. Monthly changes
2. Reserves of depository institutions and Reserve Bank credit
A. Monthly averages
B. Weekly averages of daily
figures
^
C. Wednesday
figures
D. End-of-month
figures
3. Reserves and borrowings of depository institutions
A. Monthly averages
B. Biweekly averages of daily
figures
4. Selected borrowings in immediately available funds of large banks
5. Federal Reserve Bank interest rates
A. Short-term adjustment credit to depository institutions
B. Extended credit to depository institutions
6. Reserve requirements of depository institutions, December 31, 1988
7. Margin requirements under Regulations T, U, G, and X (1968-88)
8. Federal Reserve open market transactions
9. Federal Reserve Banks
A. Consolidated condition statement
B. Federal Reserve note statement
,
C. Maturity distribution of loans and security holdings
10. Debits and deposit turnover at commercial banks (1987-88)
A. Seasonally adjusted
B. Not seasonally adjusted
11. Measures and components of the money stock and debt (1985-88)
A. Seasonally adjusted
B. Not seasonally adjusted
12. Aggregate reserves of depository institutions and monetary base (1985-88)
A. Adjusted for changes in reserve requirements
B. Not adjusted for changes in reserve requirements
13. Loans and securities of all commercial banks
A. Seasonally adjusted
B. Not seasonally adjusted
14. Major nondeposit funds of all commercial banking institutions (1984-87)
15. Assets and liabilities of commercial banks, Last Wednesday of month (1987-88)
A. All commercial banking institutions
B. Domestically chartered commercial banks
16. Assets and liabilities of all large weekly reporting commercial banks
17. Assets and liabilities of large weekly reporting U.S. branches and agencies of foreign banks
18. Gross demand deposits of individuals, partnerships, and corporations
19. Commercial paper and bankers dollar acceptances outstanding
A. Commercial paper, seasonally adjusted
B. Bankers dollar acceptances, not seasonally adjusted




3
4
6
7
10
13
14
14
15
17
17
18
18
19
20
21
21
22
23
24
26
28
29
30
33
36
42
44
45
53
58
59
59

Contents—continued

20. Prime rate charged by banks on short-term business loans
21. Terms of lending at commercial banks
A. Commercial and industrial loans
B. Construction and land development loans
C. Loans to farmers
22. Interest rates in money and capital markets
A. Annual and monthly averages
B. Weekly averages
23. Stock market—Selected statistics
A. Stock prices and trading
B. Customer
financing
24. Selected assets and liabilities of financial institutions
A. FSLIC-insured institutions (1986-88)
B. FSLIC-insured federal savings banks (1986-88)
C. Savings banks
D. Credit unions
E. Life insurance companies (1987-88)
25. Federal fiscal and financing operations
26. U.S. budget
A. Receipts
B. Outlays
27. Federal debt subject to statutory limitation
28. Gross public debt of the U.S. Treasury—Types and ownership (1987-88)
29. U.S. government securities dealers
A. Transactions
B. Positions
C. Financing
30. Debt of federal and federally sponsored credit agencies
31. New security issues of tax-exempt state and local governments
32. New security issues of corporations
33. Open-end investment companies (1987-88)
34. Total nonfarm business expenditures on new plant and equipment
35. Business credit of domestic finance companies (1986-88)
36. Markets for conventional mortgages on new homes
37. Mortgage debt outstanding, by type of holder and type of property (1985-88)
38. Installment credit—Total outstanding, and net change (1987-88)
39. Terms of consumer installment credit
40. Flow of funds accounts—Financial assets and liabilities, December 31, 1988
A. All sectors...
B. Private nonbank financial institutions
41. Flow of funds accounts (1977-88)
A. Summary of credit market debt outstanding, by sector
B. Direct and indirect claims on credit market debt
C. Financial assets and liabilities, by sector
42. Nonfinancial business activity, selected measures (1987-88)
43. Output, capacity, and capacity utilization
A. Output
B. Capacity
C. Capacity utilization




59
,
,

60
72
76

„

80
81
86
86
87
88
88
89
89
90

,,
„
.,
,

91
91
92
92

„
„

93
%
98
99
99
100
101
101
102
104
105
107
109

.,

110
112
114
116
118
120

,

121
121
121

44.
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.
56.
57.
58.
59.
60.
61.
62.
63.

64.
65.
66.
67.
68.

Labor force, employment, and unemployment (1984-88)
Industrial production (1986-88)
Housing and construction
Consumer and producer prices (1984-88)
Summary of U.S. international transactions (1987-88)
U.S. foreign trade
U.S. reserve assets
Selected U.S. liabilities to foreign official institutions (1987-88)
A. By type
B. By area
Liabilities to foreigners, payable in U.S. dollars, reported by banks in the United States (1987-88)
A. By holder and type of liability
B. By area and country
Banks' own claims on foreigners, payable in U.S. dollars, reported by banks
in the United States (1987-88)
Banks' own and domestic customers' claims on foreigners, payable in U.S. dollars, reported by banks
in the United States (1987-88)
Banks' own claims on unaffiliated foreigners, payable in U.S. dollars, reported by banks
in the United States (December 1986-88)
Liabilities to and claims on foreigners, payable in foreign currencies, reported by banks
in the United States (December 1986-88)
Foreign official assets held at Federal Reserve Banks
Marketable U.S. Treasury bonds and notes—Foreign transactions (1987-88)
Foreign transactions in securities (1987-88)
Liabilities to unaffiliated foreigners, reported by nonbanking business enterprises
in the United States (December 1985-88)
Claims on unaffiliated foreigners, reported by nonbanking business enterprises
in the United States (December 1985-88)
Assets and liabilities of foreign branches of U.S. banks (1987-88)
Assets and liabilities of U.S. branches and agencies of foreign banks
A. March 31, 1988
B. June 30, 1988
C. September 30, 1988
D. December 31, 1988
Claims on foreign countries held by U.S. offices and foreign branches of U.S.-chartered banks (1987-88)
Discount rates of foreign central banks
Foreign short-term interest rates
Index of weighted-average value of U.S. dollar
Foreign exchange rates

122
125
131
133
138
139
139
140
140
141
143
145
147
148
148
148
149
150
152
154
156
160
163
166
169
172
173
173
173
174

Part 2—Special Tables
69.
70.
71.
72.

Statement of condition of each Federal Reserve Bank, December 30, 1988
Income and expenses of Federal Reserve Banks
Banks and branches—Number in operation, December 31, 1988, by state
Changes in number of banking offices in the United States during 1988
A. Head offices
B. Branches, additional offices, and facilities




177
178
180
182
182

Contents—continued

73. Insured commercial bank assets and liabilities
A. Domestic offices
B. Domestic and foreign offices
C. Domestic offices with assets of $100 million or more or with foreign offices
74. Percentage of total assets and total deposits held by 10 largest banking organizations
(all commercial banks and trust companies), by state
„
75. Selected assets and liabilities of minority-owned banks in the United States, by size of bank?
December 31, 1988
76. Financial assets of pension funds (1977-88)
A. Totals for private and public funds
B. Types of assets held by private noninsured funds
C. Types of assets held by state an local government funds
77. Securities credit reported by nonbank lenders subject to margin regulations, June 30, 1988
78. Detailed debit and credit balances at brokers carrying margin accounts, June 30, 1988
79. Commitments of life insurance companies for income-property mortgages (1986-88)

183
191
203
211
222
223
223
223
223
224
224

Part 3—Notes to Tables
Notes to regular tables
Notes to special tables

227
2:40

Part 4—Index to Tables
Index to tables

Discontinued Tables
Domestic finance companies—Assets and liabilities
Changes in offices of commercial banks and nondeposit trust companies—Summary by state
Banking offices, assets, and deposits of banks in holding companies and holding company groups
The following tables have been discontinued in the single year editions of the DIGEST but will appear in the 10
year edition:
Corporate profits and their distribution
Gross national product and income
Personal income and saving




245

Part 1—Regular Tables




1* Reserves, money stock, liquid assets, and debt measures
A. Quarterly changes
Annual rate of change, seasonally adjusted, in percent1
19 85

19 86

Ql

Q2

Q3

04

Ql

Q2

Q3

Q4

16.0
15.5
52.2
7.9

11.1
11.2
12.8
74

13.0
13.5
14.6
9.5

15.3
14.4
13.4
89

10.0
92
15.6
72

16.3
18.1
16.1
8.8

18.9
198
19.1
98

23.1
21.6
24.0
11 1

10.3
12.0
10.1
9.2
12.8

10.1
6.1
54
6.2
12.2

14.4
9.7
7.5
8,4
11.9

11.2
6.7
71
9.2
13.4

87
5.5
82
8.4
15.5

15.6
9.9
9.0
7.6
9.8

170
11.0
99
8.6
12.5

17.9
9.6
80
7.3
13.1

Nontransaction components
10 M25
11 M3 only6

12.5
2.6

49
2.8

8.2
-.9

5.3
8.9

45
19.3

8.1
5.6

91
5.3

6.8
1.6

Time and savings deposits
Commercial banks
12 Savings7
.
13 Small-denomisiation time** 10
14 Large-denomination time9*

-6.5
-4
-.5

-n

26
6.3

8.5
-23
-1.7

3.5
-2 1
14.6

1.2
40
17 7

12.2
-1 7
-5.7

26.0
=7 2

39.6
-11 3
-2.9

Thrift institutions
Savings7
Small-denomination time8
Large-denomination time9'10

3
1.6
16 5

28
1.7
53

10 8
-1.5
-3 9

13 5
.8
32

81
41
81

16 5
2.1
11 7

24 3
-3.2
-5

27 9
-7.3
-14 4

14.9
122

15 6
11 2

15.1
109

12.0
13 8

17 7
149

12.4
90

13.9
12 1

11.7
13 5

Q2

Q3

Q4

Reserves of depository institutions2
1 Total
2 Required .
3 Nonborrowed
4 Monetary base3
.
5
6
7
8
9

15
16
17

Concepts of money, liquid assets, and debts4
Ml
M2
M3
.
L
Debt

Debt components
18 Federal
19 Nonfederal

1988

1987
Ql

Reserves of depository institutions2
1 Total
2 Required . .
..
3 Nonborrowed
4 Monetary base^
. .
Concepts of money, liquid assets, and debts4
6
7
8
9

M2
M3 .
L
Debt

. .

Nontransaction components
10 M25
.
11 M3 only6

Q2

_ Q

Q3

Q4

Ql

13.8
13.8
15.8
102

6.0
64
3.5
66

-2.9
-1.8
-1.7
4.8

1.7
6
1.5
79

25
20
.6
81

6.1
7.5
-6.2
73

3.1
29
1.3
65

-.8
-1.5
5.3
4.8

13.0
6.1
64
6.1
104

6.4
21
43
3.7
90

.6
3.4
51
5.0
8.5

5.0
49
64
6.6
10 0

3.2
61
69
66
81

6.4
6.9
72
8.5
88

5.2
38
56
7.1
86

2.3
3.6
48
5.4
91

37
7.8

6
13.2

44
12.0

49
12.1

71
97

71
8.2

33
12.2

41
9.1

12
13
14

Time and savings deposits
Commercial banks
Savings7
8
Small-denomination time9 10
Large-denomination time *

35.9
-6 1
10.4

21.3
—2 6
18.0

9.2
88
6.5

1.7
14 6
10.9

7.1
13 4
63

10.4
129
9.1

7.9
11 6
18.2

4.0
18 0
13.0

15
16
17

Thrift institutions
Savings7
Small-denomination time^
Large-denomination time9*10

26 4
-4 8
-11.1

19 6
8
-4 3

65
11 1
12.9

-1 5
15 5
200

-1 3
205
13 0

26
125
9.2

21
54
39

-25
66
8.0

11.0
10 2

90
91

7.2
89

76
10 8

80
81

8.3
89

71
91

7.8
95

Debt components
18 Federal
19 Nonfederal




1. Reserves, money stock, liquid assets, and debt measures—Continued
B. Monthly changes
Annual rate of change, seasonally adjusted, in percent1

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug. j Sept.

Oct.

Nov.

Dec.

1985
1
2
3
4

Reserves of depository institutions2
Total
Required
Nonborrowed
Monetary base^

12 9
162
68 9
62

25 0
21 0
28 9
11 6

4.5
8.4
-40
5.4

7.2
8.1
15.2
4.5

11.6
9.9
11.6
9.0

20.6
18.2
24.8
11.9

6.9
8.4
9.8
6.7

14.4
15.5
15.7
11.9

13.4
17.9
7.9
8.0

17.7
15.6
20.9
8.8

11.7
7.3
-2.4
8.8

18.7
15.8
30.4
8.0

5
6
7
8
9

Concepts of money, liquid assets,
and debts4
Ml
. . . .
M2
M3
. . . .
L
Debt

88
13.2
10 4
8.6
12 7

15 3
12.5
88
11 5
10 9

6.7
4.6
4.8
8.2
11 0

7.4
.7
1.6
2.3
12 7

11.2
8.3
7.2
5.5
128

17.0
14.0
11.0
10.2
12.1

12.0
8.3
4.9
7.1
11.5

16.4
9.0
7.7
9.4
11.6

14.6
7.5
8.2
9.3
11 0

6,1
4.8
6.0
7.4
11 0

10.6
6.7
6.8
10.9
15.2

1S.2
8.2
8.1
10.4
22 0

145
-.3

11 7
-5.9

3.9
5.8

-1.3
4.7

7.4
2.8

13.0

— s

7.1
-8.8

6.7
2.5

5.2
11.2

4.4
10.9

5.5
7.3

6.0
7.4

-90
-3 5
-12 0

-1 5
-4 0
45

-5.0
5
16.5

-6.5
56
15.2

7.1
47
-8.1

10.3
4
-9.9

10.5
-3 4
-8.4

-66
9.9

-28
18.8

2.7

4.2
~1 8
16.9

3.2
-24
10.6

-.3
37
10.3

26
_4
18 5

36
-3 8
23

3
-3.2
-5 2

-7
3.2
91

59
6.5
14 6

108
2.9
-7

124
-3.7
-142

124
6.2
-43

69
2.0
37

17 1
-1.8
41

16 1
1.7
37

10,9
5,4
64

15 1
12 0

14 4
98

15.8
96

15.4
11 8

16.4
11 7

13.6
11 6

16.0
10 2

17.2
99

8.4
11 9

4.3
13 1

17.3
14 6

26 0
20 7

Nontransaction components
10 M25.. 6
11 M3 only
Time and savings deposits
Commercial banks
12 Savings7
13 Small-denomination time** 10
14 Large -denomination time9*
15
16
17

Thrift institutions
Savings7
Smalt-denomination time8 10
Large-denomination time9* .

Debt components
18 Federal
19 Nonfederal

7.0

1986
2

Reserves of depository institutions
1 Total
2 Required
3 Nonborrowed
4 Monetary base3

- i
-1 4
13 9
41

129
136
10 3
86

14 8
202
18 1
9.9

12 9
15 5
99
57

22 6
22 0
23 4
120

17 8
15 9
19 9
87

18 8
19 6
205
88

18 5
22 7
15 7
11 8

16 4
16 9
13 5
82

20 1
19 9
24 2
11 0

26 9
22 2
29 3
11 8

18 2
30 4
37 1
14 1

Concepts of money, liquid assets,,
and debts4
Ml
M2
M3
L .
Debt

14
25
91
75
176

78
48
70
68
91

172
90
93
77
80

13 8
11 0
105
72
96

19 8
11 4
76
87
11 2

15 6
100
83
67
11 2

17 3
125
11 7
103
11 1

17 6
104
95
78
15 0

13 2
87
98
86
14 9

13 9
10 6
70
66
107

20 3
72
57
57
12 8

11 9
112
10 0
91
14 5

Nontransaction components
10 M25
11 M3 only6

28
35 9

38
15 8

64
10.4

10 1
8.8

87
-7.1

83
15

11 0
85

80
61

72
14 1

95
-7 7

29
-8

41
5,4

Time and savings deposits
Commercial banks
12 Savings7
13 Small-denomination time^9 10
14 Large-denomination time '

18
63
37 1

-1 0
45
14 3

50
28
-13 1

12 1
-1 2
-1 6

21 4
-6 6
-145

20 2
-8 5
-5 3

22 8
—5 7
46

31 1
—7 6
19

36 4
-9 4
-2

420
—13 6

38 6
,,147
- 5

37 5
—62
39

52
47
39

62
24
99

67
49
24 3

17 6
54
15 4

—2 5
-8

—4 4
21

21 6

23 2
—2 1
41

24 8
—3 7
—5 0

'15 5
-3 6
-9 8

—9 9
— 15 3

28 8

29 2
_9 9
—22 1

24 4
0=5 3
-16 9

16 5
18 0

13 2
78

12 7
66

10 7
93

13 1
10 6

14 1
10 3

13 1
104

14 0
15 3

151
148

74
11 7

10 6
13 5

16 6
13 8

5
6
7
8
9

15
16
17

Thrift institutions
Savings7
Small-denomination time** 10
Large-denomination time9* . .

Debt components
18 Federal
19 Nonfederal ...




26 3

-100

1. Reserves, money stock, liquid assets, and debt measures—Continued
B. Monthly changes—Continued
Annual rate of change, seasonally adjusted, in percent1

Jan.

Item

Feb.

Mar.

Apr.

May

July

June

Aug.

Sept.

Oct.

Nov.

Dec.

1987

1
2
3
4

Reserves of depository institutions2
Total
Required
Nonborrowed
Monetary base^

9.5
16 1
14.8
11 5

-2.8
-5 8
-2.3
69

-2.0
41
-1.4
27

19.6
21 7
10.1
97

7.3
23
66
84

-12.2
-14 7
-7.1
11

-6.3
24
-4.3
43

5.3
-3
5.9
67

-.4
45
-6.5
62

14.1
74
14 3
11 2

-11.2
-7 2
-49
73

-9.0
-11 3
-12.2
39

5
6
7
8
9

Concepts of money, liquid assets,
and debts4
Ml
M2
M3
L
Debt

82
78
83
83
10 3

18
1
23
32
65

46
15
23
0
76

16 8
47
56
30
97

24
4
50
80
10 3

-8 5
10
50
4.7
91

23
35
33
16
68

46
57
71
71
84

38
65
69
87
97

15 1
72
81
95
10 2

-4 3
8
49
27
11 5

-3 7
22
24
g
79

Nontransaction components
10 M25
11 M3 only6

77
10 6

-5
11 0

4
56

5
93

-3
23 4

4.4
207

38
29

60
12 6

75
83

45
11 2

26
20 9

43
31

Time and savings deposits
Commercial banks
12 Savings7
8
13 Small-denomination time9 .10
14 Large-denomination time *

38 8
-35
16.4

305
-6 2
12.5

240
-5 2
11.6

23 9
-70
22.9

15 7
22
20.9

78
10.4
13.4

94
11 0
.3

81
91
2.7

65
46
4.4

-1 9
18 5
13.0

-20
23 0
20.6

44
10 1
5.1

Thrift institutions
Savings7
Small-denomination time89 10
Large-denomination time '

279
-4 1
-104

26 4
-4 0
-3 8

18 7
-2 8
-5 5

225
2
-16 1

165
26
59

9.4
11 3
12.9

36
12 7
135

44
12 1
14 4

39
11 2
140

-3 0
11 7
21 6

=7 7
24 9
23 5

-1 3
18 1
22 9

82
10 9

92
57

11 4
63

78
10 3

83
11 0

80
95

32
80

11 2
76

83
10 1

37
12 3

11 3
11 5

63
84

15
16
17

Debt components
18 Federal
19 Nonfederal

19 88
2

Reserves of depository institutions
1 Total
2 Required
3 Nonborrowed .jl
.
4 Monetary base

15 9
10 7
99
13 9

9
42
15 0
48

30
72
-245
58

14 1
15 7
-11 2
10 7

12
-2 4
99
51

30
62
-7.3
65

96
73
26
94

-3 0
-20
9
30

-1 6
-2 0
6.7
64

7
-1 1
120
55

-2
-1 3
-11 7
32

-2 9
-1 4
20 7
49

Concepts of money, liquid assets,
and debts4
Ml
M2
M3
L
Debt

98
85
8.1
10 1
6.3

28
83
98
83
8.3

58
75
78
81
94

11 5
85
76
10 5
87

-1
3g
47
76
83

84
53
6.6
45
8.3

93
43
7.1
11 7
8.3

-0
23
3.7
49
9.0

19
21
2.9
21
9.0

27
29
52
54
8.5

18
68
62
67
103

55
40
53
94
85

81
65

10 2
15 6

81
90

74
41

52
82

4.2
11 5

26
17 8

31
90

21
60

29
13 8

85
41

34
10 0

Time and savings deposits
Commercial banks
12 Savings7
8
13 Small-denomination time9 10
14 Large-denomination time *

62
10 4
-6 1

12 4
15 6
17 2

13 4
13 4
96

76
15 1
27

95
90
86

11 5
92
19 5

87
10 5
20 9

57
13 1
18 4

7
17 8
14 4

-2 2
20 6
14 3

18 9
15 4
67

-20
18 3
12 2

Thrift institutions
Savings7
Small-denomination time^ 10
Large-denomination time9*

-1 4
18 1
9.1

-4
26 7
4.8

32
13 0
10.2

33
12 0
15.1

23
98
5.8

28
34
.1

36
36
1.7

15
60
1.0

-27
88
22.1

-47
77
77

-1 6
54
27

-1 1
16
-2 4

37
71

10 6
76

15 3
76

72
92

29
10 0

60
90

55
91

99
88

11 9
81

51
95

68
11 3

76
87

5

6
7
8
9

Nontransaction components
10 M25
„
11 M3 only6

15
16
17

Debt components
18 Federal
19 Nonfederal




2. Reserves of depository institutions and Reserve Bank credit, 1988
A. Monthly averages
Millions of dollars

Jan.

Feb.

Mar.

Apir.

May

June

246,090

238,789

239,867

248,228

249,800

251,010

219,855
219,069
786
7,806
7,503
303
0
1S028
1,784
15,617
11,074
55,018
18,205

214,625
214,625
0
7,402
7,402
0
0
353
1,627
14,782
11,065
5,018
18,265

215,545
215,545
0
7,401
7,401
0
0
1,690
622
14,609
11,063
5,018
18,315

221,348
220,204
1,144
7,665
7,347
318
1
3,081
694
15,440
11,063
5,013
18,36iS

223,732
222,187
1,545
7,777
7,272
505
0
2,592
649
15,050
11,063
5,018
18,427

225,333
224,691)
643
7,590
7.26S
"322
0
3,040
478
14,569
11,063
5,018
18,478

226,414
441

224,337
449

225,434
468

228,362
484

230,482
475

233,525
455

5,774
274
2,233
432
7,432
37,389

3,711
241
2,301
335
7,303
34,461

2,894
238
1,909
408
7,153
35,758

5,047
24(1
2,000
36<7,328
38,850

7,276
259
1,922
360
7,302
36,231

4,306
243
1,949
329
7,348
37,413

July

Factors

Aug.

Sept.

Oct.

Nov.

Dec.

253,673

251,530

256,981

255,178

258,859

263,822

225,800
224,319
1,481
8,140
7,242
898
0
3,508
936
15,289
11,063
5,018
18,503

223,140
223,140
0
7,194
7,194
0
0
3,267
595
17,334
11,062
5,018
18,555

226,629
224,058
2,571
8,525
7,191
1,334
0
2,722
1,154
17,951
11,062
5,018
18,607

225,724
225,210
514
7,482
7,160
322
0
2,337
1,219
18,416
11,064
5,018
18,667

229,131
228,390
741
7,332
7,106
226
0
2,883
1,186
18,327
11,061
5,018
18,718

234,567
233,606
961
7,565
7,041
524
0
1,749
1,436
18,505
11,061
5,018
18,769

235,965
414

235,916
396

236,382
392

237,156
398

240,343
401

244,540
399

3,695
272
1,857
329
7,306
38,418

3,153
227
1,899
377
7,329
36,868

7,684
236
1,848
404
7,634
37,087

5,954
240
1,848
352
7,617
36,361

5,268
246
1,746
380
7,956
37,316

5,364
247
2,014
368
8,040
37,698

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
1

2 U.S. Treasury securities
3 Bought outright
4 Held under repurchase agreements
5 Federal agency obligations
6 Bought outright .
7 Held under repurchase agreements
8 Acceptances ... .
9 Loans
10 Float
1 1 Other Federal Reserve assets
12 Gold stock
13 Special drawing rights certificate account
14 Treasury currency outstanding^
ABSORBING RESERVE FUNDS
15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2 U.S. Treasury securities1
3 Bought outright
4 Held under repurchase agreements
5 Federal agency obligations
6 Bought outright . . . .
7 Held under repurchase agreements
8 Acceptances
+
9 Loans
10 Float
11 Other Federal Reserve assets
12 Gold stock
13 Special drawing rights certificate account
14 Treasury currency outstanding2
ABSORBING RESERVE FUNDS
15 Currency in circulation . .
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service -related balances and adjustments . .
20 Other
21 Other Federal Reserve liabilities and capital
22 Reserve balances with Federal Reserve Banks3




2. Reserves of depository institutions and Reserve Bank credit, 1988—Continued
B. Weekly averages of daily figures
Millions of dollars; Wednesday dates

Jan. 6

Jan. 13

Jan. 20

Jan. 27

Feb. 3

Feb. 10

Feb. 17

Feb. 24

Mar. 2

251,151

247,132

244,506

244,769

242,404

236,517

239,738

238,397

239,403

222,278
219,272
3,006
8,616
7,553
1,063
0
2,908
1,206
16,144
11,078
5,018
18,179

220,074
219,578
496
7,815
7,553
262
0
981
2,737
15,524
11,076
5,018
18,183

218,734
218,734
0
7,534
7,534
0
0
593
1,855
15,790
11,074
5,018
18,207

219,489
218,988
501
7,627
7,423
204
0
422
1,464
15,767
11,071
5,018
18,221

218,129
218,129
0
7,414
7,414
0
0
293
997
15,570
11,068
5,018
18,235

212,727
212,727
0
7,402
7,402
0
0
280
739
15,369
11,066
5,018
18,249

212,608
212,608
0
7,402
7,402
0
0
509
3,920
15,299
11,065
5,018
18,263

215,898
215,898
0
7,402
7,402
0
0
340
617
14,141
11,064
5,018
18,277

216,354
216,354
0
7,402
7,402
0
0
384
672
14,591
11,063
5,018
18,290

229,911
454

227,843
438

225,981
446

224,244
436

223,410
439

224,308
445

225,042
448

224,506
452

223,743
456

5,031
263
2,286
909
7,201
39,371

3,871
235
2,278
254
7,522
38,981

2,521
347
2,101
329
7,548
39,533

8,941
226
2,697
383
7,618
34,534

8,125
291
2,085
334
6,987
35,054

3,723
227
2,601
294
6,846
32,406

3,425
230
2,002
321
8,193
34,424

4,111
240
2,193
296
7,166
33,793

2,921
265
2,493
446
7,112
36,339

Mar. 9

Factors

Mar. 16

Mar. 23

Mar. 30

Apr. 6

Apr. 13

Apr. 20

Apr. 27

May 4

238,216

240,698

239,716

240,581

244,571

247,367

247,821

247,343

256,213

215,219
215,219
0
7,402
7,402
0
0
690
623
14,282
11,063
5,018
18,300

216,630
216,630
0
7,402
7,402
0
0
1,311
461
14,893
11,063
5,018
18,310

214,621
214,621
0
7,401
7,401
0
0
2,537
461
14,696
11,063
5,018
18,320

215,325
215,325
0
7,399
7,399
0
0
2,465
509
14,882
11,062
5,018
18,330

217,335
216,637
698
7,476
7,399
77
0
3,169
1,752
14,839
11,063
5,018
18,341

220,510
220,510
0
7,382
7,382
0
0
3,565
573
15,337
11,063
5,018
18,355

221,263
220,470
793
7,485
7,365
120
0
3,672
=87
15,487
11,063
5,018
18,369

221,778
221,497
281
7,341
7,279
62
0
2,034
567
15,622
11,063
5,018
18,383

228,105
223,044
5,061
9,079
7,279
1,800
0
2,414
677
15,938
11,063
5,018
18,397

224,799
460

225,685
467

225,695
472

225,708
477

227,560
480

228,897
488

228,766
487

228,031
483

228,667
479

2,951
214
1,964
335
7,046
34,829

3,309
249
1,823
380
7,114
36,064

2,676
213
1,914
428
7,262
35,458

2,568
226
1,863
483
7,214
36,451

3,554
268
1,939
369
7,310
37,512

3,456
245
1,922
323
7,271
39,201

3,662
261
2,311
366
7,354
39,065

4,383
236
1,935
402
7,307
39,030

14,094
222
1,872
363
7,356
37,637

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
1

2 U S Treasury securities
3 Bought outright
4 Held under repurchase agreements
5 Federal agency obligations
6 Bought outright
7 Held under repurchase agreements
8 Acceptances
9 Loans
10 Float
11 Other Federal Reserve assets
12 Gold stock
13 Special drawing rights certificate account
14 Treasury currency outstanding2
ABSORBING RESERVE FUNDS
15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
„
19 Service-related balances and adjustments
20
Other
„ *
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2
3
4
5
6
7
8
9
10
11
12
13
14

U.S. Treasury securities1
Bought outright
Held under repurchase agreements
Federal agency obligations
Bought outright
Held under repurchase agreements
Acceptances
Loans
Float
Other Federal Reserve assets
Gold stock
Special drawing rights certificate account
Treasury currency outstanding2
ABSORBING RESERVE FUNDS

15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks




2. Reserves of depository institutions and Reserve Bank credit, 1988—Continued
B. Weekly averages of daily figures
Millions of dollars; Wednesday dates
May 11

May 18

May 25

June 1

June 8

June 15

June 22

June 29

July 6

253,664

251,276

244,363

247,754

251,036

250,624

250,967

252,634

254,882

226,254
223,466
2,788
8,313
7,279
1,034
0
2,080
823
16,194
11,063
5,018
18,411

225,250
223,123
2,127
7,776
7,268
508
0
2,270
767
15,213
11,063
5,018
18,425

219,342
219,342
0
7,268
7,268
0
0
2,911
724
14,118
11,063
5,018
18,439

222,515
222,515
0
7,268
7,268
0
0
3,329
483
14,158
11,063
5,018
18,452

224,968
224,968
0
7,268
7,268
0
0
3,278
863
14,659
11,063
5,018
18,462

224,931;
224,931
0
7,268
7,268
0
0
3,651
359
14,415
11,063
5,018
18,472

224,955
224,955
0
7,268
7,268
0
0
3,034
845
14,865
11,063
5,018
18,482

226,509
224,495
2,014
8,327
7,268
1,059
0
2,281
519
14,998
11,063
5,018
18,492

226,817
223,256
3,561
9,464
7,268
2,196
0
3,434
334
14,832
11,063
5,0118
18,481

230,072
481

230,569
479

230,479
470

232,125
465

233,567
458

233,640
459

233,382
457

233,267
449

236,183
426

13,152
279
1,946
308
7,233
34,686

5,996
244
1,897
322
7,443
38,832

3,176
254
1,980
339
7,302
34,885

3,210
287
1,963
483
7,195
36,559

2,682
215
2,016
312
7,101
39,227

3,110
236
1,827
304
7,463
38,140

4,252
257
1,938
322
7,417
37,506

6,529
235
1,811
363
7,510
37,045

4,686
316
1,943
335
7,077
38,478

July 13

Factors

July 20

July 27

Aug. 3

Aug. 10

Aug. 17

Aug. 24

Aug. 31

Sept. 7

256,086

252,593

251,401

252,575

251,659

252,047

250,017

251,874

253,011

227,986
225,882
2,104
8,329
7,268
1,061
0
3,878
939
14,953
11,063
5,018
18,491

225,254
224,440
814
8,180
7,258
922
0
3,138
766
15,255
11,063
5,018
18,505

224,208
223,390
818
7,319
7,201
118
0
3,398
806
15,670
11,063
5,018
18,519

224,296
224,296
0
7,201
7,201
0
0
3,502
828
16,748
11,063
5,018
18,532

223,106
223,106
0
7,201
7,201
0
0
3,176
679
17,497
11,062
5,018
18,542

223,742
223,742
0
7,192
7,192
0
0
3,267
369
17,478
11,062
5,018
18,552

222,259
222,259
0
7,191
7,191
0
0
3,222
426
16,916
11,062
5,018
18,562

223,018
223,018
0
7,191
7,191
0
0
3,342
501
17,822
11,062
5,018
18,572

224,034
224,034
0
7,191
7,191
t)
0
2,844
1490
17,751
11,061
5,018
18,583

237,232
421

236,025
417

234,880
406

235,303
397

236,507
396

236,466
398

235,641
394

235,166
397

237,046
397

4,148
226
1,824
293
7,330
39,183

3,209
244
1,797
350
7,446
37,691

3,594
315
1,935
357
7,392
37,122

3,410
262
1,949
301
7,205
38,360

3,158
214
2,060
319
7,279
36,350

2,676
223
1,998
357
7,400
37,161

3,116
213
1,873
315
7,350
35,756

3,725
259
1,781
540
7,358
37,301

3,178
245
1,795
389
7,442
37,182

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
1

2 U.S. Treasury securities
3 Bought outright
. .
4 Held under repurchase agreements
5 Federal agency obligations
6 Bought outright
7 Held under repurchase agreements
8 Acceptances
9 Loans
10 Float
11 Other Federal Reserve assets
12 Gold stock
13 Special drawing rights certificate account
14 Treasury currency outstanding2
ABSORBING RESERVE FUNDS
15 Currency in circulation .
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other . .
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
1

2 U S Treasury securities ...
3 Bought outright
4 Held under repurchase agreements
5 Federal agency obligations
6 Bought outright .
7 Held under repurchase agreements
8 Acceptances . . .
9 Loans
10 Float
11 Other Federal Reserve assets
12 Gold stock
13 Special drawing rights certificate account
14 Treasury currency outstanding2
ABSORBING RESERVE FUNDS
15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks




2. Reserves of depository institutions and Reserve Bank credit, 1988—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars; Wednesday dates
Sept. 14

Sept. 21

Sept. 28

Oct. 5

Oct. 12

Oct. 19

Oct. 26

Nov. 2

254,921

258,506

259,277

258,674

255,459

255,563

254,497

255,673

225,024
224,040
984
7,495
7,191
304
0
3,031
1,192
18,180
11,062
5,018
18,597

228,026
223,886
4,140
8,887
7,191
1,696
0
2,911
990
17,692
11,062
5,018
18,611

227,983
224,405
3,578
9,715
7,191
2,524
0
2,257
909
18,413
11,063
5,018
18,625

227,163
223,243
3,920
9,495
7,191
2,304
0
2,621
1,322
18,073
11,063
5,018
18,639

226,071
226,071
0
7,190
7,190
0
0
2,124
1,235
18,839
11,066
5,018
18,653

225,964
225,964
0
7,186
7,186
0
0
2,283
1,721
18,409
11,063
5,018
18,667

225,397
225,094
303
7,198
7,116
82
0
2,359
828
18,715
11,064
5,018
18,681

225,868
224,865
1,003
7,460
7,116
344
0
2,346
1,094
18,904
11,063
5,018
18,694

237,454
389

236,170
389

235,096
389

235,856
391

237,607
405

237,898
401

236,965
396

237,185
395

3,986
221
1,786
332
7,589
37,841

8,971
231
1,813
467
7,716
37,441

12,209
235
1,859
440
7,674
36,079

9,890
268
1,815
344
7,802
37,060

5,211
237
1,932
307
7,561
36,935

5,470
236
1,982
314
7,567
36,443

5,623
238
1,915
389
7,524
36,210

6,197
234
2,109
402
7,946
35,981

Nov. 9

Factors

Nov. 16

Nov. 23

Nov. 30

Dec. 7

Dec. 14

Dec. 21

Dec. 28

259,022

259,508

258,005

259,428

261,879

262,357

236,885

264,494

228,318
227,958
360
7,221
7,116
105
0
2,966
1,082
19,435
11,062
5,018
18,704

228,920
228,482
438
7,229
7,102
127
0
3,500
1,169
18,690
11,061
5,018
18,714

229,119
229,119
0
7,102
7,102
0
0
2,757
1,401
17,626
11,060
5,018
18,724

231,005
229,259
1,746
7,730
7,102
628
0
2,367
495
17,831
11,060
5,018
18,734

234,192
234,192
0
7,102
7,102
0
0
2,016
114
18,455
11,062
5,018
18,745

233,266
232,906
360
7,414
7,066
348
0
2,012
1,342
18,323
11,062
5,018
18,759

234,972
234,480
492
7,117
7,018
99
0
1,332
1,760
18,704
11,061
5,018
18,773

234,552
232,881
1,671
7,918
7,010
908
0
1,362
1,771
18,891
11,066
5,018
18,787

238,635
401

240,626
404

240,657
401

242,179
399

242,451
398

243,390
404

244,312
398

246,598
397

5,509
216
1,929
333
8,225
38,558

5,209
233
1,887
305
7,751
37,886

5,288
289
1,897
328
7,717
36,231

5,137
262
1,932
552
8,042
35,738

4,306
284
2,147
317
8,074
38,725

4,807
237
2,073
310
7,930
38,044

6,462
270
1,789
371
8,130
37,004

4,500
183
1,849
412
8,120
37,299

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2
3
4
5
6
7
8
9
10
11
12
13
14

1

U.S. Treasury securities
Bought outright
Held under repurchase agreements
Federal agency obligations
Bought outright
Held under repurchase agreements
Acceptances
Loans
Float
Other Federal Reserve assets
Gold stock
Special drawing rights certificate account
Treasury currency outstanding2
ABSORBING RESERVE FUNDS

15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
. ..
19 Service-related balances and adjustments
20 Other
...
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2 U.S. Treasury securities1
3 Bought outright
4 Held under repurchase agreements
5 Federal agency obligations
6 Bought outright
7 Held under repurchase agreements
8 Acceptances
9 Loans
10 Float.
11 Other Federal Reserve assets
12 Gold stock
13 Special drawing rights certificate account
14 Treasury currency outstanding2
ABSORBING RESERVE FUNDS
15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks




2. Reserves of depository institutions and Reserve Bank credit, 1988—Continued
C. Wednesday figures
Millions of dollars
Factors

Jan. 6

Jan. 13

Jan. 20

Jan. 27

Feb. 3

Feb. 10

Feb. 17

Feb. 24

Mar. 2

248,914

246,529

249,362

245,867

240,870

231,461

242,390

237,250

239,031

214,901
214,901
0
7,402
7,402
0
0
253
433
14,261
11,063
5,018
18,289

215,546
215,546
0
7,402
7,402
0
0
525
1,220
14,338
11,063
5,018
18,299

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
1

219,332
219,332
0
7,553
7,553
0
0
2,717
1,204
15,723
11,075
5,018
18,205

218,442
218,442
0
7,423
7,423
0
0
450
7,381
15,666
11,072
5,018
18,219

220,282
218,892
1,390
8,034
7,423
611
0
363
943
16,245
11,071
5,018
18,233

215,648
215,648
0
7,402
7,402
0
0
202
1,610
16,008
11,067
5,018
18,247

207,371
207,371
0
7,402
7,402
0
0
336
687
15,665
11,065
5,018
18,261

217,534
217,534
0
7,402
7,402
0
0
462
2,804
14,188
11,065
5,018
18,275

229,057
454

227,031
448

225,640
436

223,650
437

223,773
440

224,843
448

225,292
451

224,027
456

224,178
456

4,098
237
1,687
284
7,376
40,007

3,421
221
1,687
289
7,438
40,302

3,859
231
1,681
358
7,300
44,167

9,481
220
1,677
383
7,459
36,882

3,432
213
1,674
330
6,704
38,617

2,845
270
1,673
314
6,875
28,537

4,986
243
1,681
314
6,874
36,908

2,505
206
1,681
274
6,997
35,475

3,034
'2S2
1,658
392
6,880
36,561

Mar. 9

2 U S Treasury securities
3 Bought outright
4 Held under repurchase agreements
5 Federal agency obligations
6 Bought outright
7 Held under repurchase agreements
8 Acceptances .
9 Loans
10 Float
11 Other Federal Reserve assets
12 Gold stock
13 Special drawing rights certificate account
14 Treasury currency outstanding2

220,983
218,863
2,120
8,429
7,553
876
0
749
2,830
15,923
11,077
5,018
18,191

Mar. 16

Mar. 23

Mar. 30

Apr. 6

Apr. 13

Apr. 20

Apr. 27

May 4

238,243

241,227

241,387

240,110

249,357

247,638

253,098

251,090

247,935

213,583
213,583
0
7,402
7,402
0
0
2,148
629
14,429
11,063
5,018
18,309

215,680
215,680
0
7,402
7,402
0
0
2,967
488
14,690
11,063
5,018
18,319

215,579
215,579
0
7,399
7,399
0
0
3,194
349
14,866
11,062
5,018
18,329

215,160
215,160
0
7,399
7,399
0
0
2,134
430
14,987
11,063
5,018
18,339

220,913
216,030
4,883
7,937
7,399
538
0
4,373
1,006
15,128
11,063
5,018
18,353

220,408
220,408
0
7,379
7,379
0
0
3,838
427
15,586
11,062
5,018
18,367

225,524
219,974
5,550
8,122
7,279
843
0
3,602
208
15,642
11,063
5,018
18,381

224,915
222,947
1,968
7,715
7,279
436
0
2,276
239
15,945
11,063
5,018
18,395

22U829
221,829
0
7,279
7,279
0
0
2,214
728
15,885
11,063
5,018
18,409

225,419
466

225,934
470

225,684
477

226,492
475

228,511
482

229,243
488

228,556
484

228,258
477

229,388
482

3,300
267
1,657
329
6,952
34,244

3,221
265
1,654
524
6,932
36,627

2,145
225
1,654
361
7,092
38,158

3,190
207
1,671
479
7,047
34,969

4,016
213
1,671
314
7,241
41,343

3,900
239
1,672
343
7,002
39,199

5,319
204
1,675
398
7,401
43,523

11,343
236
1,679
398
7,188
35,987

9,682
233
1,680
333
6,940
33,687

ABSORBING RESERVE FUNDS
15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 4
22 Reserve balances with Federal Reserve Banks

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2
3
4
5
6
7
8
9
10
11
12
13
14

1

U.S. Treasury securities
Bought outright .
Held under repurchase agreements
Federal agency obligations
Bought outright
Held under repurchase agreements
Acceptances
Loans
Float
Other Federal Reserve assets
Gold stock
Special drawing rights certificate account
Treasury currency outstanding2
ABSORBING RESERVE FUNDS

15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
2 0 Other . . .
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks

10



2. Reserves of depository institutions and Reserve Bank credit, 1988—Continued
C. Wednesday figures—Continued
Millions of dollars
May 11

May 18

May 25

June 1

June 8

June 15

June 22

June 29

July 6

255,598

244,790

240,806

249,010

251,056

253,545

248,875

256,429

254,427

227,935
223,071
4,864
8,702
7,279
1,423
0
1,942
782
16,237
11,063
5,018
18,423

218,978
218,978
0
7,268
7,268
0
0
2,905
1,203
14,436
11,063
5,018
18,437

215,217
215,217
0
7,268
7,268
0
0
2,834
709
14,778
11,063
5,018
18,451

222,831
222,831
0
7,268
7,268
0
0
3,021
1,705
14,185
11,063
5,018
18,461

225,293
225,293
0
7,268
7,268
0
0
3,318
768
14,409
11,063
5,018
18,471

226,697
226,697
0
7,268
7,268
0
0
4,388
624
14,568
11,063
5,018
18,481

223,663
223,663
0
7,268
7,268
0
0
2,297
861
14,786
11,063
5,018
18,491

228,438
223,010
5,428
9,821
7,268
2,553
0
2,244
522
15,404
11,063
5,018
18,501

226,059
223,748
2,311
8,850
7,268
1,582
0
3,080
1,666
14,772
11,063
5,018
18,489

230,567
481

230,666
470

231,090
467

233,259
458

233,827
459

233,776
458

233,246
452

234,426
432

237,279
418

10,639
262
1,674
304
7,173
39,002

2,610
260
1,674
320
7,120
36,188

4,382
227
1,660
565
7,206
29,741

3,402
302
1,660
427
6,910
37,134

3,170
198
1,653
302
7,042
38,958

3,787
219
1,653
363
7,235
40,616

4,122
204
1,657
275
7,265
36,227

8,216
203
1,657
359
7,394
38,325

4,154
339
1,658
313
6,886
37,949

July 13

Factors

July 20

July 27

Aug. 3

Aug. 10

Aug. 17

Aug. 24

Aug. 31

Sept. 7

260,783

250,990

248,719

252,069

251,642

250,637

249,301

251,520

251,460

227,258
226,214
1,044
7,893
7,268
625
0
9,434
976
15,222
11,063
5,018
18,503

223,988
223,988
0
7,201
7,201
0
0
3,123
1,102
15,576
11,063
5,018
18,517

220,727
220,727
0
7,201
7,201
0
0
3,415
1,616
15,760
11,062
5,018
18,531

223,552
223,552
0
7,201
7,201
0
0
3,346
725
17,245
11,062
5,018
18,541

222,676
222,676
0
7,201
7,201
0
0
3,028
679
18,058
11,062
5,018
18,551

223,152
223,152
0
7,201
7,201
0
0
3,356
478
16,460
11,062
5,018
18,561

220,473
220,473
0
7,191
7,191
0
0
3,318
816
17,503
11,062
5,018
18,571

222,795
222,795
0
7,191
7,191
0
0
3,237
659
17,638
11,061
5,018
18,581

220,445
220,445
0
7,191
7,191
0
0
2,995
2,316
18,513
11,062
5,018
18,595

236,982
419

235,610
407

234,979
397

235,998
395

236,807
399

236,337
394

235,366
397

235,881
398

237,815
389

4,106
205
1,659
285
7,309
44,402

3,606
266
1,637
323
7,226
36,512

3,490
343
1,641
322
7,157
35,001

3,460
209
1,642
263
6,934
37,789

4,397
177
1,660
359
7,246
35,228

3,672
234
1,637
324
7,120
35,560

3,503
215
1,637
294
7,170
35,370

4,390
231
1,637
392
7,020
36,231

2,648
205
1,637
353
7,410
35,678

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2
3
4
5
6
7
8
9
10
11
12
13
14

1

U.S. Treasury securities .
Bought outright
Held under repurchase agreements
Federal agency obligations
Bought outright
Held under repurchase agreements
Acceptances
Loans
Float
Other Federal Reserve assets
Gold stock
Special drawing rights certificate account
Treasury currency outstanding2
ABSORBING RESERVE FUNDS

15 Currency in circulation
16 Treasury cash holdings ....
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2
3
4
5
6
7
8
9
10
11
12
13
14

U.S. Treasury securities1
Bought outright
Held under repurchase agreements
Federal agency obligations
Bought outright
Held under repurchase agreements
Acceptances
Loans
,
Float
Other Federal Reserve assets
Gold stock
Special drawing rights certificate account
Treasury currency outstanding2
ABSORBING RESERVE FUNDS

15 Currency in circulation
16 Treasury cash holdings ...
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks




11

2. Reserves of depository institutions and Reserve Bank credit, 1988—Continued

C. Wednesday figures—Continued
Millions of dollars
Sept. 14

Sept. 21

Sept. 28

Oct. 5

Oct. 12

Oct. 19

Oct. 26

Nov. 2

256,053

274,670

261,227

251,579

256,648

257,243

253,025

256,369

225,593
223,556
2,037
7,842
7,191
651
0
2,907
1,335
18,376
11,062
5,018
18,609

237,589
224,051
13,538
10,730
7,191
3,539
0
7,373
848
18,130
11,063
5,018
18,623

228,858
226,015
2,843
10,285
7,191
3,094
0
2,664
946
18,474
11,063
5,018
18,637

219,636
219,636
0
7,191
7,191
0
0
5,173
1,557
18,022
11,064
5,018
18,651

225,669
225,669
0
7,186
7,186
0
0
2,279
2,992
18,522
11,067
5,018
18,665

226,242
226,242
0
7,186
7,186
0
0
3,546
1,855
18,414
11,063
5,018
18,679

224,263
224,263
0
7,116
7,116
0
0
1,980
1,005
18,661
11,063
5,018
18,693

225,785
224,553
1,232
7,544
7,116
428
0
2,611
1,095
19,334
11,062
5,018
18,703

237,106
389

235,756
389

235,248
389

236,653
402

238,328
402

237,648
396

236,948
394

237,930
397

4,846
198
1,640
339
7,447
38,777

19,014
212
1,640
344
7,888
44,131

14,694
331
1,602
371
7,509
35,799

3,917
174
1,605
315
7,336
35,909

4,842
273
1,628
308
7,405
38,212

5,532
239
1,629
337
7,330
38,892

5,690
226
1,662
600
7,319
34,959

4,467
223
1,662
351
8,076
38,046

Nov. 9

Factors

Nov. 16

Nov. 23

Nov. 30

Dec. 7

Dec. 14

Dec. 21

Dec. 28

259,289

259,803

255,616

261,971

262,932

261,481

263,705

269,055

227,837
227,837
0
7,116
7,116
0
0
3,079
1,968
19,289
11,062
5,018
18,713

229,178
229,178
0
7,116
7,116
0
0
3,406
3,057
17,060
11,060
5,018
18,723

228,077
228,077
0
7,102
7,102
0
0
1,570
920
17,947
11,061
5,018
18,733

232,702
228,701
4,001
8,384
7,102
1,282
0
2,328
389
18,168
11,059
5,018
18,743

233,451
233,451
0
7,102
7,102
0
0
1,819
2,314
18,246
11,062
5,018
18,757

231,552
231,313
239
7,092
7,018
74
0
2,197
2,058
18,582
11,061
5,018
18,771

235,293
234,839
454
7,052
7,017
35
0
628
1,695
18,704
11,060
5,018
18,785

237,268
233,562
3,706
8,402
6,967
1,435
0
1,603
2,691
19,091
11,060
5,018
18,799

239,924
404

240,480
401

241,883
399

242,472
402

243,041
405

243,951
398

245,411
398

247,745
390

6,792
186
1,649
279
7,531
37,317

5,384
182
1,648
354
7,467
38,688

4,631
287
1,613
259
7,452
33,813

5,198
251
1,613
398
8,058
38,399

4,185
251
1,612
345
7,681
40,249

4,638
233
1,612
300
7,695
37,504

10,156
201
1,594
318
7,674
32,816

5,822
216
1,594
556
8,070
39,53')

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2
3
4
5
6
7
8
9
10
11
12
13
14

1

U.S. Treasury securities
Bought outright
Heidi under repurchase agreements
Federal agency obligations
Bought outright
Heidi under repurchase agreements
Acceptances
Loans
Float
Other Federal Reserve assets
Gold stock
Special drawing rights certificate account
Treasury currency outstanding2
ABSORBING RESERVE FUNDS

15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2
3
4
5
6
7
8
9
10
11
12
13
14

1

U S Treasury securities
Bought outright
Heldf under repurchase agreements
Federal agency obligations
Bought outright
Held under repurchase agreements
Acceptances
Loans
Float
Other Federal Reserve assets
Gold stock
Special drawing rights certificate account
Treasury currency outstanding^
ABSORBING RESERVE FUNDS

15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks

12



2. Reserves of depository institutions and Reserve Bank credit, 1988—Continued
D. End-of-month figures
Millions of dollars
Factors

Jan.

Feb.

Mar.

Apr.

May

June

242,517

239,795

242,542

260,242

248,274

254,647

218,411
218,411
0
7,423
7,423
0
0
333
396
15,954
11,068
5,018
18,197

216,891
216,891
0
7,402
7,402
0
0
336
897
14,269
11,063
5,018
18,248

217,496
217,496
0
7,399
7,399
0
0
2,311
298
15,038
11,063
5,018
18,313

230,971
223,363
7,608
10,074
7,279
2,795
0
2,590
371
16,236
11,063
5,018
18,369

223,192
223,192
0
7,268
7,268
0
0
3,304
122
14,388
11,063
5,018
18,425

227,636
222,450
5,186
9,508
7,268
2,240
0
2,464
259
14,780
11,063
5,018
18,501

223,152
438

223,574
457

227,073
479

228,282
479

232,732
459

235,513
432

10,276
355
1,674
315
6,926
33,664

2,472
343
1,658
438
7,139
38,043

2,403
534
1,671
436
7,234
37,106

16,186
215
1,660
360
7,450
40,060

2,871
298
1,660
427
7,235
37,098

9,762
382
1,658
351
7,109
34,023

July

Aug.

Sept.

Oct.

Nov.

Dec.

252,440

251,520

261,855

257,722

261,971

269,748

224,450
224,450
0
7,201
7,201
0
0
3,650
774
16,365
11,063
5,018
18,531

222,795
222,795
0
7,191
7,191
0
0
3,237
659
17,638
11,061
5,018
18,581

229,181
223,573
5,608
11,073
7,191
3,882
0
2,154
1,199
18,248
11,062
5,018
18,637

225,638
223,041
2,597
8,767
7,116
1,651
0
2,275
1,690
19,352
11,062
5,018
18,693

232,702
228,701
4,001
8,384
7,102
1,282
0
2,328
389
18,168
11,059
5,018
18,743

238,422
233,662
4,760
9,067
6,966
2,101
0
2,170
1,286
18,803
11,060
5,018
18,799

234,990
397

235,881
398

235,527
389

237,094
397

242,472
402

247,649
395

3,910
269
1,642
291
7,200
38,352

4,390
231
1,634
392
7,020
36,234

13,023
338
1,605
358
7,899
37,433

6,151
301
1,662
348
8,463
38,079

5,198
251
1,613
398
8,058
38,399

8,656
347
1,605
548
7,683
37,742

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2
3
4
5
6
7
8
9
10
11
12
13
14

1

U.S. Treasury securities .
Bought outright
Held under repurchase agreements
Federal agency obligations
Bought outright
Held under repurchase agreements.
Acceptances
Loans
Float
Other Federal Reserve assets
Gold stock
Special drawing rights certificate account
Treasury currency outstanding2
ABSORBING RESERVE FUNDS

15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17
Treasury
18 Foreign
19 Service-related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks

SUPPLYING RESERVE FUNDS
1 Reserve Bank credit outstanding
2
3
4
5
6
7
8
9
10
11
12
13
14

1

U S Treasury securities
Bought outright
Held under repurchase agreements.
Federal agency obligations
Bought outright
Held under repurchase agreements
Acceptances
Loans
Float
Other Federal Reserve assets
Gold stock
Special drawing rights certificate account
Treasury currency outstanding2
ABSORBING RESERVE FUNDS

15 Currency in circulation
16 Treasury cash holdings
Deposits, other than reserve balances, with
Federal Reserve Banks
17 Treasury
18
Foreign
19 Service -related balances and adjustments
20 Other
21 Other Federal Reserve liabilities and capital 3
22 Reserve balances with Federal Reserve Banks




13

3. Reserves and borrowings of depository institutions, 1988
A. Monthly averages1
Millions of dollars

Jan.

Reserve classification
2

Feb.

Mar.

Apr.

May

June

36,027

37,907

1 Reserve balances with Reserve Banks

37,485

34,211

38,429

36,509

2 Total vault cash3
3 Vault4
4 Surplus5

26,966
25,155
1,811

28,165
25,836
2,329

25,960
24,049
1,912

25,208
23,636
1,573

25,882
24,172
1,710

25,730
24,084
1,646

5 Total reserves6
6 Required reserves

62,640
61,345

60,047
58,914

60,076
59,147

62,064
61,205

60,681
59,641

61,991
61,103

1,295
1,082
59
372

1,133
396
75
205

929
1,752
119
1,478

859
2,993
146
2,624

1,040
2,578
246
2,107

888
3,083
311
2,554

7 Excess reserve balances at Reserve Banks7
8 Total borrowings at Reserve Banks
9 Seasonal
10 Extended8

July

Aug.

Sept.

Oct.

Nov.

Dec.

1 Reserve balances with Reserve Banks2

37,992

36,911

37,213

36,421

36,997

37,830

2 Total vault cash3
3 Vault4 .
4 Surplus5

26,459
24,763
1,696

26,895
25,054
1,841

26,727
24,940
1,787

27,198
25,494
1,705

26,745
25,410
1,335

27,197
25,909
1,288

5 Total reserves6
6 Required reserves .

62,756
61,749

61,965
61,012

62,153
61,181

61,915
60,853

62,407
61,287

63,739
62,699

1,007
3,440
376
2,538

953
3,241
423
2,653

972
2,839
421
2,059

1,062
2,299
332
1,781

1,119
2,861
186
2,322

1,040
1,716
'130
1,244

7 Excess reserve balances at Reserve Banks7
8 Total borrowings at Reserve Banks
9 Seasonal .
10 Extended8

B. Biweekly averages of daily figures
Millions of dollars
Reserve classification

Jan. 13

Jan. 27

Feb. 10

Feb. 24

Mar. 9

1 Reserve balances with Reserve Banks2

39,175

37,002

33,681

34,102

35,575

35,761

37,003

39,123

38,313

2 Total vault cash3
3 Vault4 5
4 Surplus

26,603
24,937
1,666

26,588
24,840
1,748

29,471
26,967
2,504

27,997
25,685
2,312

26,027
23,998
2,029

26,270
24,332
1,938

25,345
23,610
1,735

25,213
23,709
1,505

25421
23,549
1,572

5 Total reserves6
6 Required reserves

64,112
62,805

61,842
60,554

60,648
59,366

59,787
58,700

59,573
58,607

60,093
59,182

60,613
59,696

62,831
62,145

61,862
60,796

1,307
1,945
66
485

1,288
508
54
332

1,282
287
55
144

1,087
425
77
232

966
537
111
255

911
1,924
123
1,685

917
2,817
122
2,494

686
3,619
124
3,278

1,067
2,224
191
1,787

May 18

June 1

June 15

June 29

July 13

July 27

Aug. 10

Aug. 24

Sept. 7

36,737

35,707

38,644

37,260

38,831

37,399

37,343

36,422

37,273

2 Total vault cash
3 Vault4
4 Surplus5

25,731
24,122
1,609

26,280
24,418
1,862

25,128
23,614
1,514

26,257
24,492
1,765

26,250
24,629
1,621

26,623
24,889
1,734

26,570
24,762
1,808

27,400
25,513
1,887

26,353
24,555
1,799

5 Total reserves6
6 Required reserves

60,859
59,959

60,125
58,943

62,258
61,563

61,752
60,692

63,460
62,599

62,288
61,085

62,104
61,309

61,935
60,954

61,827
60,705

901
2,175
241
1,798

1,182
3,120
269
2,538

696
3,465
287
2,986

1,060
2,658
337
2,138

861
3,656
352
2,340

1,203
3,268
390
2,663

796
3,339
407
2,748

981
3,245
431
2,671

1,123
3,093
432
2,482

Sept. 21

Oct. 5

Oct. 19

Nov. 2

Nov. 16

Nov. 30

Dec. 14

Dec. 28

7 Excess reserve balances at Reserve Banks7
8 Total borrowings at Reserve Banks
9 Seasonal
10 Extended8

1 Reserve balances with Reserve Banks2
3

7 Excess reserve balances at Reserve Banks7
8 Total borrowings at Reserve Banks
9 Seasonal
10 Extended8

2

Mar. 23 ,

Apr. 6

Apr. 20 | May 4

1 Reserve balances with Reserve Banks

37,625

36,527

36,678

36,078

38,143

35,981

38,363

37,106

2 Total vault cash3
3 Vault4 5
4 Surplus

26,785
25,054
1,731

26,927
25,063
1,864

27,615
25,806
1,809

26,826
25,309
1,517

26,219
25,022
1,198

27,259
25,814
1,446

26,316
25,128
1,188

27,927
26,525
1,403

5 Total reserves6
6 Required reserves

62,679
61,896

61,590
60,442

62,484
61,509

61,387
60,260

63,165
61,562

61,795
61,160

63,491
62,515

63,631
62,550

783
2,971
408
2,075

1,148
2,438
433
1,704

975
2,204
337
1,681

1,128
2,353
285
1,931

1,603
3,233
180
2,838

635
2,562
178
1,863

976
2,014
131
1,529

1,081
1,347
137
968

7 Excess reserve balances at Reserve Banks7
8 Total borrowings at Reserve Banks
9 Seasonal
10 Extended8 ...

14



4. Selected borrowings in immediately available funds of large banks, 19881
Averages of daily figures, in millions of dollars
Week ending Monday
Maturity and Source
Jan. 4

7
8

MEMO: Federal funds loans and resale agreements in
immediately available funds in maturities of
one day or under continuing contract
9 To commercial banks in the United States
10 To all other specified customers2
....

Federal funds purchased, repurchase agreements,
and other selected borrowing in immediately
available funds
From commercial banks in the United States
1 For one day or under continuing contract
2 For all other maturities
.
From other depository institutions, foreign banks and
foreign official institutions, and U.S. government
agencies
3 For one day or under continuing contract
....
4 For all other Maturities

5
6
7
8

Repurchase agreements on U. S. government
and federal agency securities in immediately
available funds
Brokers and nonbank dealers in securities
For one day or under continuing contract
For all other maturities
.
All other customers
For one day or under continuing contract
For all other maturities

....

MEMO: Federal funds loans and resale agreements in
immediately available funds in maturities of
one day or under continuing contract
9 To commercial banks in the United States
10 To all other specified customers2
....

Jan. 25

Feb. 1

Feb. 8

Feb. 15

Feb. 22

Feb. 29

75,090
8,611

75,188
9,297

70,870
9,300

69,170
8,966

68,643
8,899

73,658
10,198

71,220
10,983

70,499
10,336

68,564
10,925

23,602
6,886

28,254
5,920

29,954
5,897

28,418
6,140

28,852
6,356

33,324
6,762

34,496
7,250

35,712
6,146

36,350
5,926

15,781
8,110

14,660
10,597

14,427
12,060

15,796
13,614

16,801
14,308

15,386
15,290

13,137
16,451

14,778
13,610

13,368
14,974

27,673
9,098

27,327
8,479

26,596
9,440

26,307
9,317

25,172
9,049

25,709
9,655

25,270
9,173

24,686
9,588

33,985
10,850

35,783
12,665

35,356
12,541

35,063
14,446

36,523
15,399

35,727
15,169

34,848
14,115

36,414
13,620

32,112
13,381

Mar. 14

Apr. 4

Apr. 11

Apr. 18

Apr. 25

May 2

74,546
10,486

74,875
10,990

70,844
11,063

66,924
10,781

75,487
10,964

75,438
10,392

72,737
10,492

67,632
10,738

64,874
10,683

38,939
7,002

40,780
7,567

38,287
5,974

36,308
6,270

35,383
7,084

39,172
7,168

36,509
7,543

31,334
8,080

28,596
9,081

12,705
13,797

....

Jan. 18

Mar. 7

5
6

Repurchase agreements on U.S. government
and federal agency securities in immediately
available funds
Brokers and nonbank dealers in securities
For one day or under continuing contract
For all other maturities
All other customers
For one day or under continuing contract
For all other maturities

Jan. 11

25,793
8,742

Federal funds purchased, repurchase agreements,
and other selected borrowing in immediately
available funds
From commercial banks in the United States
1 For one day or under continuing contract
2 For all other maturities
From other depository institutions, foreign banks and
foreign official institutions, and U.S. government
agencies
3 For one day or under continuing contract
4 For all other maturities
....

12,181
14,617

12,768
14,374

13,570
13,645

13,685
15,050

13,396
14,044

13,659
14,777

13,648
16,544

13,705
17,892

24,513
9,613

24,704
10,403

24,364
12,275

25,634
10,562

24,025
11,956

25,625
9,468

25,461
10,279

24,743
9,705

25,708
9,324

35,273
13,953

35,864
14,047

35,301
13,503

31,377
14,184

36,189
12,487

33,802
13,170

34,565
13,321

34,092
13,252

34,774
14,708

Mar. 21 Mar. 28

May 9

May 16

May 23

May 30

June 6

June 13

June 20

June 27

July 4

Federal funds purchased, repurchase agreements,
and other selected borrowing in immediately
available funds
From commercial banks in the United States
1 For one day or under continuing contract
....
2 For all other maturities
From other depository institutions, foreign banks and
foreign official institutions, and U.S. government
agencies
3 For one day or under continuing contract
4 For all other maturities

66,700
10,857

63,447
11,208

63,088
9,894

64,248
10,388

71,726
10,816

70,428
11,780

70,096
11,008

66,210
10,981

75,686
10,101

32,399
8,146

33,207
8,205

34,265
7,486

32,706
7,534

33,220
7,130

34,264
7,740

31,159
7,176

29,594
6,487

29,279
6,326

Repurchase agreements on U.S. government
and federal agency securities in immediately
available funds
Brokers and nonbank dealers in securities
5 For one day or under continuing contract
6 For all other maturities
All other customers
7 For one day or under continuing contract ....
8 For all other maturities

15,256
17,652

16,394
17,513

16,467
15,092

17,941
15,342

17,697
14,767

17,216
15,953

15,705
15,692

14,676
15,319

14,746
13,027

24,271
9,238

25,333
9,444

25,536
9,348

25,573
10,648

25,070
10,049

25,553
10,136

25,348
10,794

25,741
10,766

24,921
9,658

34,480
14,540

32,915
13,607

31,181
13,154

33,269
13,410

37,361
15,880

34,293
16,959

36,889
16,479

33,377
13,030

38,379
15,731

MEMO: Federal funds loans and resale agreements in
immediately available funds in maturities of
one day or under continuing contract
9 To commercial banks in the United States
10 To all other specified customers2




....
...

15

4. Selected borrowings in immediately available funds of large banks, 19881—Continued
Averages of daily figures, in millions of dollars
Week ending Monday
Maturity and source
July 11
Federal funds purchased, repurchase agreements,
and other selected borrowing in immediately
available funds
From commercial banks in the United States
1 For one day or under continuing contract
2 For all other maturities
From other depository institutions, foreign banks and
foreign official institutions, and U.S. government
agencies
3 For one day or under continuing contract
4 For all other maturities

July 18

July 25

Aug. 1

Aug. 8

Aug. 15

Aug. 22

Aug. 29

Sept. 5

72,579
10,493

70,622
10,721

68,388
10,653

71,992
11,289

67,616
10,782

69,245
11,136

66,871
10,102

64,904
10,187

69,394
10,001

30,899
5,900

30,891
5,792

28,342
5,682

26,473
5,947

28,408
6,654

27,188
7,463

26,570
6,700

26,952
6,579

27,114
6,629

Repurchase agreements on U.S. government
and federal agency securities in immediately
available funds
Brokers and nonbank dealers in securities
For one day or under continuing contract
For all other maturities
All other customers
For one day or under continuing contract
For all other maturities

14,510
13,204

14,962
14,749

14,802
15,276

15,502
15,402

16,127
15,083

16,293
14,913

16,304
12,587

15,212
13,177

15,337
12,365

24,778
9,192

24,766
9,064

26,015
9,332

26,956
9,970

26,384
9,845

26,803
10,381

27,452
10,559

28,070
10,701

27,866
10,279

MEMO: Federal funds loans and resale agreements in
immediately available funds in maturities of
one day or under continuing contract
9 To commercial banks in the United States
10 To all other specified customers2

34,467
13,947

37,210
16,052

34,405
14,474

35,329
14,160

34,700
15,158

35,57:>
15,5l;l

35,147
14,952

34,797
14,010

39,559
14,263

Oct. 3

Oct. 10

Oct. 17

Oct. 24

Oct. 31

Nov. 7

5
6
7
8

Sept. 12 Sept. 19 Sept. 26
Federal funds purchased, repurchase agreements,
and other selected borrowing in immediately
available funds
From commercial banks in the United States
For one day or under continuing contract
For all other maturities
From other depository institutions, foreign banks and
foreign official institutions, and U.S. government
agencies
For one day or under continuing contract
For all other maturities

69,451
9,714

65,767
9,443

62,866
9,450

66,220
8,919

71,087
9,090

68,32<
8,97(1

67,062
9,116

68,826
9,587

75,509
9,855

29,922
6,581

26,636
6,895

27,000
6,273

25,144
6,081

28,535
6,340

29,991
6,386

30,448
5,512

27,666
5,717

30,134
5,909

Repurchase agreements on U. $. government
and federal agency securities in immediately
available funds
Brokers and nonbank dealers in securities
For one day or under continuing contract
For all other maturities
All other customers
For one day or under continuing contract
For all other maturities

15,072
11,524

14,596
13,136

13,683
13,293

12,927
12,723

13,238
12,699

13,880
12,221

13,871
12,740

13,982
12,743

13..782
12,756

27,761
9,691

27,123
10,429

27,616
10,341

27,876
9,629

26,825
10,089

28,236
9,594

27,945
10,022

29,260
10,847

27,481
10,572

MEMO: Federal funds loans and resale agreements in
immediately available funds in maturities of
one day or under continuing contract
9 To commercial banks in the United States
10 To all other specified customers2

34,356
13,677

37,066
14,421

37,013
13,079

39,869
13,513

37,509
14,007

38,388
15,296

34,037
14,675

36,653
13,523

38,783
14,176

Nov. 14 Nov. 21 Nov. 28

Dec. 5

Dec. 12

Dec. 19

Dec. 26

73,925
11,130

73,746
9,815

68,346
11,332

74,471
9,940

70,886
9,829

69,448
10,114

70,964
9,810

30,192
6,304

30,730
5,929

27,591
7,749

28,709
6,545

30,368
7,418

26,454
7,778

24,933
8,730

1
2

3
4

5
6
7
8

1
2

3
4

Federal funds purchased, repurchase agreements,
and other selected borrowing in immediately
available fimds
From commercial banks in the United States
For one day or under continuing contract
For all other maturities
From other depository institutions, foreign banks
and foreign official institutions,
and U.S. government agencies
For one day or under continuing contract
For all other maturities
Repurchase agreements on U. S. government
and federal agency securities in immediately
available funds
Brokers and nonbank dealers in securities
For one day or under continuing contract . .
For all other maturities
All other customers
For one day or under continuing contract
For all other maturities

12,595
13,485

15,950
11,758

13,810
12,474

14,929
10,352

15,392
10,890

14,634
10,659

13,043
11,003

27,613
10,962

30,296
10,845

25,402
15,064

30,312
9,790

30,307
9,651

29,321
9,790

27,986
10,860

MEMO: Federal funds loans and resale agreements in
immediately available funds in maturities of
one day or under continuing contract
9 To commercial banks in the United States
10 To all other specified customers2

35,279
12,805

34,268
12,408

34,582
11,810

39,202
13,277

35,912
13,936

39,237
14,108

40,080
14,987

5
6
7
8

16



5. Federal Reserve Bank interest rates
A. Adjustment and seasonal credit to depository institutions1
Percent per year
Year

1987
In effect
December 31
1988
In effect
December 31

T^ las

San
Francisco

6.00

6.00

6.00

6.50

6.50

6.50

6.50

Minneapolis

Kansas
City

^ las

San
Francisco

6.00

6.00

6.00

6.00

6.00

6.50

6.50

6.50

6.50

6.50

Boston

New
York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St.
Louis

Minneapolis

Kansas
City

6.00

6.00

6.00

6.00

6.00

6.00

6.00

6.00

6.00

6.50

6.50

6.50

6.50

6.50

6.50

6.50

6.50

Richmond

Atlanta

Chicago

St.
Louis

Da

B. Extended credit to depository institutions2
Percent per year
Year

Boston

New
York

Philadelphia

Cleveland

Da

First 30 days of borrowing

1987
In effect
December 31
1988
In effect
December 31

6.00

6.00

6.00

6.00

6.00

6.00

6.00

6.50

6.50

6.50

6.50

6.50

6.50

6.50

3

After 30 days of borrowing

1987
In effect
December 31
1988
In effect
December 31




7.70

7.70

7.70

7.70

7.70

7.70

7.70

7.70

7.70

7.70

7.70

7.70

9.55

9.55

9.55

9.55

9.55

9.55

9.55

9.55

9.55

9.55

9.55

9.55

17

6. Reserve requirements of depository institutions, December 31, 19881
Type of deposit, and deposit interval

Depository institution requirements
afier implementation of the
Monetary Control Act

2

Percent of deposits

Effective date

3
12

12/20/88
12/20/88

3
0

10/6/83
10/6/83

3

11/13/80

34

Net transaction accounts '
1 $0 million-$41 5 million
2 More than $41 5 million

Nonpersonal time deposits5
By original maturity
3 Less than IVa years
4 IVz years or more
5

..
....

Eurocurrency liabilities
All types

7. Margin requirements under Regulations T, U, G, and X1
Percent of market value; effective dates shown
Type of security or sale
1 Margin stocks
2 Convertible bonds
3 Short sales

18



Mar. 11, 1968

June 8, 1968

May 6, 1970

Dec. 6, 1971

Ncv. 24, 1972

Jan. 3, 1974

70
50
70

80
60
80

65
50
65

55
50
55

65
50
65

50
50
50

8. Federal Reserve open market transactions, 19881
Millions of dollars
Type of transaction

Year

Mar.

Feb.

Jan.

Apr.

May

Aug.

July

June

Sept.

Nov.

Oct.

Dec.

U.S. TREASURY SECURITIES
Outright transactions
(excluding matched
transactions)
1
2
3
4

Treasury bills
Gross purchases
Gross sales
Exchange
Redemptions

5
6
7
8
9

Others within 1 year
Gross purchases . . .
Gross sales
Maturity shift
Exchange
Redemptions

1 to 5 years
10 Gross purchases
1 1 Gross sales
12 Maturity shift
13 Exchange
14
15
16
17

5 to 10 years
Gross purchases
Gross sales
Maturity shift
Exchange

18
19
20
21

More than 10 years
Gross purchases
Gross sales
Maturity shift
Exchange

22
23
24

All maturities
Gross purchases
Gross sales
Redemptions

Matched transactions
25 Gross purchases
26 Gross sales
Repurchase agreements2
27 Gross purchases
28 Gross sales
29 Net change in U.S. Treasury
securities

8,223
587

o

2,200

2 176
0
23 854
-24 588
0
5 485
800
-17 720
22515

0
49
0
600

o

-188
275

18863
1 562
2200

560

423

0

0
0

o
o

o

0

o
o

0

0
0
0
0

o
0
o 1 092
o
0
0
o
0
o
0
0
1 939 2051
858
950
1 646 1 384
-754 -2868 -2,089 -1 688 =4,324 -1 826
0
0
0
0
0
0
o

0
-840
749

o
1 579
o
175
-5 946 -110
5
1 797
1 398

346
538
0
1,600

o
o
o
o
o

49
600

1 168 484 78 358
1 168 142 78,513

o
0
o
800
952 —2 051
2 643
2089
o

175
987
150
0

o
o

75

346
1 513
1 600

3 661
0
—823
1 434

-387
400

o
o
o

966

-157
200

o

0

0
0

o
o

1 033
=87
0

560

7 160

0

0

o
o
o

o

3 932
1 368
4,296 -1,646
o
0

0
0
-36 -2 111
325
87

o
o
o
o
0

0
0

0
0
0
0

0

515

o
o
o

1,280

o

0

97 892 104 527 86 900 115 287 73 708
99 139 104,572 85 608 115,115 72,966

0

o
o

18 696
11 088

15 871 10 520
23,478 5 334

15 872 -4,140 -1 520

605

13 476

-7,779

o
o

o
o
3

0
0
120

o
o

4243
1 447

o
o

o
o

0

3,599
0
0
0

o
0
o

o 1 084
0
o
0
1 669 5 264 1 750
-916 -2391 -1,703
0
0
o

0
o
0
o 1 824
0
o
o
0
0
— 1 821 — 1 368 = 1 544 -3 088 -1 750
1,646
2091 1,703
3,971
639

o
o
0
o

0

1,125

o

0

o
o

o

152 613 10 591
151 497 14237

0

o
o

45
254

o

o
o

o
o
-997
o

o
o
o
o

o

o
o

0

o

0
0
1 102 —1 384
3,724 1 826

1 017

o

1S280
0
0
0

375

o

o

o
o
0
o

o

0
0

o
o

515

o
o
o
o

0

0
o
0
o
-125 -2 145
276
300

562

o
o
o

0
0

0

432

o

o

0

-31
0

0
0

375
0
0

3599

5,028
° 0

o

0

o

o

81 979 124 875 113,886 98 804 98 618 93 650
83,464 123,220 113,384 97,897 100,680 93,584
22 978
28,164

0

4 444 -3,186

1,655

o

4 715
7,727

17 867
16,463

15 575
14,815

6,386 -3,544

7064

5,721

o
o

o
o

35,800
30,191

FEDERAL AGENCY OBLIGATIONS
Outright transactions
30 Gross purchases
31 Gross sales
32 Redemptions

o
o

o
o

587

131

21

Repurchase agreements2
33 Gross purchases
34 Gross sales
35 Net change in agency
obligations

57 259
56 471

4 042
5 357

o
o

o
o

198 -1,446

-21

-3

36 Total net change in System
Open Market Account

16,070 -5,586 -1,541

602




2 676

o

11

0
0

o
o

67

0
0
10

o
o

0

0
0
75

14

135

4 771
7 566

5 083
2 843

12,355
14 594

o
o

12,107
8,225

2,223
4 454

4763
5 132

7,672
6 853

2,239 -2,306

10

3,882 -2,306

-383

683

6,683 -5,492 -1,665

10,268 -5,850

6,681

6,404

-2,807

16,151 -10,585

19

9. Federal Reserve Banks, 1988

A. Consolidated condition statement
Millions of dollars, end of period

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

11,068

11,063

11,063

11,063

11,063

11,063

11,063

11,061

11,062

11,062

11,059

11,060

5,018

5,018

5,018

5,018

5,018

5,018

5,018

5,018

5,018

370

5,018

450

383

5,018

480

402

5,018

333
0

336
0

2,311

2,590

3,304

2,464

3,650

3,237

2,154

2,275

2,328

2,170

0

o

0

0

0

7,268

0

0

0

0

0

0

7,423
0

Account

7402
0

7,399
0

7,279
2,795

7,268
0

2,240
0

7,201
0

7,191
0

7,191
3,882

7,116
1,651

7,102
1,282

6,966
2,101

ASSETS
1 Gold certificate account
2 Special drawing rights
certificate account
3 Coin

478

Loans
4 To depository institutions
5 Other
6 Acceptances held under
repurchase agreements
Federal agency obligations
1 Bought outright
8 Held under repurchase agreements

9
10
11
12
13
14

U. 5. Treasury securities
Bought outright1
Bills
Notes
Bonds
Total1
Held under repurchase agreements
Total U.S. Treasury securities

517

0

0

0

0

0

0

397

0

434

0

404

0

395

0

107,196 106,651 107,256 106,386 106,215 105,473 107,473 105,818 1C6,596 106,064 111,724 112,782
82,973 81,923 81,923 87,684 87,484 87,484 87,484 87,484 §7,484 87,484 87,484 90,950
28,242 28317 28,317 29,293 29,493 29,493 29,493 29,493 29,493 29,493 29,493 29,930
218,411 216,891 217,496 223,363 223,192 222,450 224,450 222,795 223,573 223,041 228,701 233,662
0
2,597
4,001
5,186
5,608
4,760
0
0
0
0
0
7,608
218,411 216,891 217,496 230,971 223,192 227,636 224,450 222,795 229,181 225,638 232,702 238,422
226,167 224,629 227,206 243,635 233,764 239,608 235,301 233,223 242,408 236,680 243,414 249,659

15 Total loans and securities

6,489

6,267

7,577

5,354

705

5,197

.

716

719

723

Other assets
18 Denominated in foreign currencies2
19 All other3

6,714
8,535

6,635
6,922

6,652
7,670

6,446
9,071

6,349
7,316

16 Items in process of collection
17 Bank premises ....

369

712

6,604

7,278

6,283

729

732

6,226
7,827

7,561
8,075

9,797
7,109

727

8,052

736
9,528
7,984

6,785

6,121

740

743

8,739

10,423
8,189

9,565
8,096

9,129
8,924

750

265,174 260,693 265,072 283,979 269,989 277,442 275,408 273,593 285,185 279,331 284,420 293,674

20 Total assets
LIABILITIES

205,871 206,300 209,719 210,842 215,168 217,812 217,240 218,068 217,676 219,232 224,535 229,640

21 Federal Reserve notes
22
23
24
25

Deposits
Depository institutions
U S Treasury-—General account
Foreign—Official accounts
.
Other

26 Total deposits
27 Deferred credit items
28 Other liabilities and 4
accrued dividends
29 Total liabilities

35,338
10 276
...

39701
2 472

38,777
2403

41,720
16 186

38,758
2,871

35,681
9762

39,994
3,910

37,868
4390

35,038
13,023

338
358

301
354

40,012
5,198

39,347
8,656

231
392

39,741
6,151

269
291

251
398

347
548

46,284

42,954

42,150

58,481

42,354

46,176

44,464

42,881

5,2,757

46,547

45,859

48,898

6,093

4,300

5,969

7,206

5,232

6,345

6,504

5,624

(3,853

5,089

6,020

7,453

2 654

2 558

2 607

2 861

2539

2 819

2 611

2613

3,277

3,051

3,221

3,457

355
315

343
438

534
436

215
360

298
427

382
351

260,902 256,112 260,445 279,390 265,293 273,152 270,819 269,186 280,563 273,919 279,635 289,448

CAPITAL ACCOUNTS
30 Capital paid in
31 Surplus
32 Other capital accounts

2,062
2,042

168

2,075
2047

459

2,095
2047

485

2,096
2,047

446

2,101
2,047

548

2,110
2,039

141

2,119
2,046

424

2,083
2,041

283

2,097
2,047

478

2,108
2,047
1,257

2,106
2,047

632

2,113
2,113

0

33 Total liabilities and
capital accounts .

265,174 260,693 265,072 283,979 269,989 277,442 275,408 273,593 285,185 279,331 284,420 293,674

34 MEMO: Marketable U.S. Treasury
securities held in custody
for foreign and
international accounts

210,410 220 250 226,340 229,054 230,917 228,226 226,294 223,518 225,561 231,250 235,131 234,733

20



9. Federal Reserve Banks, 1988—Continued
B. Federal Reserve note statement
Millions of dollars, end of period
Account

Jan.

Feb.

Mar.

Apr.

May

June

July

Sept.

Aug.

Oct.

Nov.

Dec.

1 Federal Reserve notes outstanding
(issued to Bank)
253 303 254 289 255 201 256 806 258 661 260 049 262 021 263 958 265 671 267 461 270 577 271 492
LESS: Notes held by Reserve Bank1 . . . 47,432 47,989 45,482 45,964 43,493 42,237 44,781 45,890 47,995 48,229 46,042 41,852
Federal Reserve notes net
205 871 206 300 209 719 210 842 ' 215 168 217 812 217 240 218 068 217 676 219 232 224 535 229 640

2
3

4
5
6
7

Collateral held against notes
outstanding
Gold certificate account
Special drawing rights certificate
account
„
Other eligible assets
U.S. Treasury and agency securities ..

8 Total collateral

11,068

11 063

11,063

11,063

11,063

11 063

11,063

11,061

11,062

11 062

11 059

11,060

5 018
5 018
5 018
5,018
5,018
5,018
5 018
5 018
5,018
5 018
5 018
5 018
0
0
0
0
0
0
0
0
0
0
0
189,785 190,219 193,638 194,761 199,087 201,731 201,159 201,989 201,596 203,152 208,458 213,562

o

205,871 206,300 209,719 210,842 215,168 217,812 217,240 218,068 217,676 219,232 224 535 229,640

C. Maturity distribution of loan and security holdings
Millions of dollars, end of period
Type and maturity grouping
1 Loans —Total
2 Within 15 days'
3 16 days to 90 days
4 91 days to 1 year
5 Acceptances—Total
6 Within 15 days
7 16 days to 90 days
8 91 days to 1 year
9 U.S. Treasury securities
10 Within 15 days'
11 16 days to 90 days
12 91 days to 1 year
13 More than 1 year to 5 years
14 More than 5 years to 10 years
15 More than 10 years
16 Federal agency obligations —Total
17 Within 15 days1
18 16 days to 90 days
19 91 days to 1 year
20 More than 1 year to 5 years
21 More than 5 years to 10 years
22 More than 10 years




Jan.
333
326
7
0
0
0
0
0

Feb.
336
303
33
0
0
0
0
0

Apr.

Mar.

May

2,311
2,271
40
0

2,590
2,523
67
0

o

0
0
0

o
0
o

o

3 282
3,185
97
0
0
0
0
0

June
2 464
2,336
128
0
0
0
0
0

July
3,650
3,510
140
0
0
0
0
0

Oct.

Sept.

Aug.
3,237
3,063
174
0

o

0
0
0

2,154
1,996
158
0
0
0

o

0

2 275
2,189
86
0
0
0
0
0

Nov.

Dec.

2328
2,289
39
0

2,170
2,152
18
0

0
0
0

0

o

o
o

0

218,411 216,891 217,496 230,971 223,192 227,636 224,450 222,795 223,573 223,041 232,702 238,422
9,935
7,756 10,774
7,362 15,082
2,318
5 789 12583
7,372 10 569
5 411
4402
55,664 57,207 51,566 55,856 53,232 50,269 56,583 50,393 55,265 51,917 53,659 58,448
70303 67 016 71,273 66,950 67,115 70,884 64,395 66,296 70,379 70,477 74475 75,236
47,410 47,562 47,600 51,196 53,530 53,971 53,722 55,124 55,403 54,499 53,501 55,326
15,208 14 196 14,196 15,422 15,435 15,435 15,486 13,700 13,700 13,851 12,007 12,568
25 424 25 499 25 499 26 465 26 508 26 508 26 508 26 508 26 508 26 508 26477 26909
7,423
170
886
1,538
3 323
1,317
189

7,402
364
710
1,609
3 203
1,327
189

7,399
385
592
1,634
3,381
1,217
190

10,074
2,936
659
1,837
3,292
1,161
189

7,268
246
661
1,728
3,309
1,135
189

9,508
2,470
694
1,808
3 204
1,143
189

7,201
185
765
1,759
3,173
1,130
189

7,191
287
660
1,647
3,268
1,140
189

7,191
215
793
1,563
3,293
1,138
189

7,116
228
782
1,492
3,322
1,103
189

8,384
1,557
675
1,457
3413
1,093
189

9,067
2,271
697
1,492
3,418
1,000
189

21

10. Debits and deposit turnover at commercial banks
A. Seasonally adjusted
Bank group, or type
of customer

1987
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

DEBITS To
Demand deposits1
All insured banks
211,111.3 211,935.6 217,250.4 217,797.2 217,397.2 212,414.4 219,501.3 221,729.0 219,182.9 234,398.3 219,386.1 203,290.6
Major New York City
101,956.5 102,145.1 106,108,1 105,186.5 107,724.1 103,027.6 106,428.9 109,062.5 105,149.4 110,833.6 103,693.6 92,640.1
banks
109,154.8 109,790.5 111,142.3 112,610.7 109,673.1 109,386.8 113,072.3 112,666.5 114,033.4 123,564.6 115,692.5 110,650.5
3 Other banks
2,313.9
2,274.1
4 ATS-NOW accounts2 ....
2,310.5
2,417.6
2,498.7
2,333.1 2,349.0 2,591.3 2,536.1 2,525.7
2,297.9 2,384.2
3
498.4
556.0
482.1
488.5
518.8
582.4
570.8
475.1
508.1
565.8
548.2
524.0
5 Savings deposits
1
2

DEPOSITS OUTSTANDING
6
7
8
9
10

Demand deposits1
All insured banks
Major New York City
banks
Other banks
ATS-NOW accounts2 ....
Savings deposits^

360.9

355.2

352.9

358.8

363.3

353.1

349.2

355.7

350.5

357.9

354.4

144.3

41.1
3197
165.7
1574

39.5
3157
167.8
1618

38.4
3146
169.9
1657

39.4
3194
173.1
1697

41.0
3223
173.4
171 9

38 6
314 5
173.3
173 2

37.5
311 7
174.1
174 9

40.1
3156
176.8
1757

38.7
311 8
177-9
1761

40.4
3175
179.4
175 1

39.6
3149
179.1
174 1

1088
178.3
175 0

5850

5967

615.5

6070

5985

601 6

628 6

623.3

6253

6549

619.0

5904

24779
341 4
14.0
30

2 5873
3478
13.6
30

2,766.7
353 3
13.5
30

26703
3526
13.8
30

26295
3403
13.3
28

2,671 6
347 8
13.9
33

2 837 4
362 8
14.3
31

2 718.2
3570
13.2
30

2715 1
365 7
13,2
30

27447
389 1
14.4
33

2 620.2
3674
14.2
33

2608 1
35S 1
14.2
32

155

DEPOSIT TURNOVER
Demand deposits1
11 AH insured banks .
12 Major New York City
banks
13 Other banks
14 ATS-NOW accounts2 ....
15 Savings deposits^

1988

DEBITS To
1
2
3
4
5

Demand deposits1
All insured banks
213,270.8 221,057.3 218,986.7 213,971.5 224,052.3 230,198.8 224,512.7 228,898.2 227,617.3 235,980.5 238,497.5 245,617.5
Major New York City
banks
98,733.8 104,568.3 101,161.0 100 695 1 109,714.7 111,402 1 107 336 7 110,150.0 108 741 8 114 876 4 112,071.8 111 1155
Other banks
114 537 0 116 489 0 117 825 7 113 276 4 114 337 6 118 796 6 117 176 0 118 748 2 118 87*5 5 121 104 1 126 425 7 114 50J? 0
2
ATS-NOW accounts ....
2,730.3
2,664.9
2,897.2
2,352.7
2,856.8
2,557.9
2,871.2 2,820.2
3,020.8
2,963.6
2,786.0
2,570.4
5349
Savings deposits3
5960
6407
5747
543 7
597 1
583 3
57B 5
521 3
6096
5749
6407
DEPOSITS OUTSTANDING

Demand deposits1
All insured banks
Major New York City
banks
8 Other banks
9 ATS-NOW accounts2 ....
10 Savings deposits3
6
7

3540

380
316.0
180.4
175 9

351 9

368
315.1
182.9
1782

3565

355 2

354 2

360 5

3545

349 5

3577

1525

35'! 6

360

373

312.3
183.9
181 0

3192
185.6
1824

38 1
3171
187.2
1839

38 3
316 0
188.2
185 9

38 5
322 1
189.9
187 5

375
3170
190.1
1879

3^ I
314 6
190.5
187 '5

372
3205
190.7
186 3

115 6
191.4
188 1

369

3*» 4
3163
191.4
187 7

3482

DEPOSIT TURNOVER
Demand deposits1
All insured banks
Major New York City
banks
13 Other banks
14 ATS-NOW accounts2 ....
15 Savings deposits3
11
12

22



602.5

628.2

628.8

600.2

630.9

649.8

622.7

645.8

2,600.3
3625
13.0
30

2,844.8
3697
14.9
33

2,811.0
3773
15.5
35

2,700.6
354 9
13.8
30

2,881.3
3606
14.2
31

2,911.0
376 0
14.8
32

2,789.6
363 8
13.5
29

2,939.3
3746
15.6
32

651.0
3 102.4
3770

is.:.
3*

659.7

676.6

30861
3779
14.8
28

3,034,6
4006
15.1
31

698,5

1 140 7
425 3
15.8
14

10. Debits and deposit turnover at commercial banks—Continued
B. Not seasonally adjusted
Bank group, or type of
customer

1987
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

DEBITS To
1
2
3
4
5
6

Demand deposits1
All insured banks
Major New York City
banks
Other banks
ATS-NOW accounts2...
MMDAs4
Savings deposits'*

215,988.0 191,589.8 222,225.4 228,142.6 208,310.0 221,038.4 228,764.2 214,145.9 216,728.0 233,999.8 202,230.1 222,338.9
105 032 1
110 955 9
2,524.5
1 9157
490.1

92251 3 108 971 4 111 399 0 101 203 2 106 171 3 111 157 7 103 822 8 104 234 0 111 398 9 96 035 9 1025487
99 338 4 113,254.1 116,743.5 107 1067 114,867.0 1176065 110 323 1 112 494.0 122 600 8 106 194 2 119 790 3
2,564.0
2,262.9
2,466.0
2,226.4
2,577.7
2,269.8
2,466.9
2,414.9
2,645.3
2,063.5
2,375.8
1 851 2 1 9879 20027
1 6340 18001 2 1759
1 7527 1 8466 22478
1 9598 22764
479.1
565.2
4280
563.3
483.7
576.5
5242
604.3
5199
519.0
568.9

DEPOSITS OUTSTANDING
7
8
9
10
11
12

Demand deposits1
All insured banks
Major New York City
banks
Other banks
ATS-NOW accounts2 . . .
MMDAs4
Savings deposits3 ....

370.1

345.4

345.5

359.4

356.7

353.6

351.0

349.7

349.5

355.7

357.6

361.5

436
326.5
169.5
379.4
1577

395
306.0
167.4
376.1
1609

38.7
306.8
170.4
376.1
1650

394
319.9
178.3
373.0
1697

396
317.1
171.4
366.5
1723

37.9
315.7
172.7
365.3
1738

380
313.1
172.9
363.6
1756

38 1
311.5
174.4
362,1
175 1

37.9
311.6
176.2
360.3
1745

394
316.3
176.8
357.0
1746

389
318.7
178.2
355.5
1757

38.5
323.0
180.7
355.7
1756

DEPOSIT TURNOVER
Demand deposits1
13 All insured banks
14 Major New York City
banks
15 Other banks , 2
16 ATS-NOW accounts . . .
17 MMDAs4
18 Savings deposits3

583.5

554.7

643.2

634.8

584.0

625.0

651.7

612.5

620.2

657.8

565.6

615.0

2,408.7
3398
14.9
50
3.1

2,337.4
3247
12.3
43
2.7

2,813.0
3692
13.3
48
2.9

2,825.8
3649
14.4
58
3.3

2,556.8
3378
13.2
51
2.8

2,801.5
3638
14.3
54
3.3

2,928.4
3757
14.3
55
3.3

2,721.9
3542
12.8
48
3.0

2,751.0
361 1
13.7
51
3.0

2,824.8
3876
14.6
63
3.5

2,467.8
3333
13.3
55
3.0

2,661.4
3709
14.6
64
3.2

19 88
DEBITS To
1
2
3
4
5
6

Demand deposits1
All insured banks
Major New York City
banks
Other banks
ATS-NOW accounts2...
MMDAs4
Savings deposits3

210,029.1 208,899.2 233,286.6 214,848.8 222,685.5 241,133.2 217,350.7 237,459.0 224,089.2 227,485.2 228,743.0 258,119.4
97,840.1 98,106.5 109,557.8 101,141.9 106,335.6 117,287.7 103,561.2 112,654.6 107,115.7 111,019.4 108,689.1 117,470.7
112 189 0 110 792 7 1237288 113 706 9 116 349 9 1238455 113 789 6 1248044 116 973 5 116 465 8 120 053 9 140,648.8
2,565.2
2,536.6
2,805.4
2,714.1
2,851.4
2,951.1
3,163.8
2,468.6
2,745.3
2,601.3
2,828.0
2,825.0
2341 0
25397
23375
2557 1
24094
2,940.5
2305 6
2 1028
23728
23990
25300
23258
603.2
566.4
566.2
540.9
523.7
616.5
598.3
570.1
655.6
552.5
526.3
615.9

DEPOSITS OUTSTANDING
Demand deposits1
All insured banks
Major New York Gty
banks
9 Other banks
10 ATS-NOW accounts2 . . .
11 MMDAs4
12 Savings deposits3
7
8

362.9

342.2

340.9

357.0

348.7

354.8

362.3

348.4

348.6

355.5

355.6

369.2

40.3
3227
184.6
3563
176.3

368
305 4
182.4
3565
1772

36.5
3045
184.2
3578
180.3

37.4
3196
191.1
357 1
182.6

367
3120
185.0
3547
1843

37.6
3173
187.5
3573
186.6

38.9
3234
188.6
3569
188.0

35.5
3129
187.5
3534
187.2

35.2
3134
188.7
3502
185.8

36.3
3192
188.0
3489
185.7

36.2
3194
190.4
350 1
189.8

38.4
3308
193.9
3487
188.4

DEPOSIT TURNOVER
13
14
15
16
17
18

Demand deposits'
All insured banks
Major New York City
banks
Other banks
ATS-NOW accounts2 . . .
MMDAs4
Savings deposits^




578.7

610.5

684.3

601.8

638.6

679.5

599.9

681.6

642.9

639.8

643.3

699.1

2,430.3
3477
13.9
6.5
3.1

2,664.6
3628
13.5
5.9
30

3,005.7
406.4
15.3
6.5
3.4

2,706.2
3557
14.4
6.6
3.3

2,895.6
3729
14.1
6.6
31

3,121.4
390.3
15.2
7.2
3.2

2,660.7
351 9
13.4
6.7
3.0

3,170.3
3989
15.1
7.2
33

3,046.4
373.3
15.6
6.9
3.1

3,059.1
3648
14.9
6.7
2.9

2,998.6
3759
14.3
7.3
28

3,058.1
425.2
16.3
8.4
3.5

23

11. Measures and components of the money stock and debt1

A. Seasonally adjusted
Billions of dollars
Measures
Year and month

1985
January
February
March .
April

Ml

June
July
August ...
September
October
November
December

1986
January
February .
March
April . .

...

May

June
July
August
September
October
November
December

...
....

1987
January . .
February
March ....
April
May
June
July
August
September
October
November
December
1988
January
February .
March
April ....
M ay
June
July
August
September
October
November
December

24



..

...

..

L

Debt

2,393.2
2,418.2
2,427.4
2,428.9
2,445.7
2,474.2
2,491.2
2,509.9
2,525.5
2,535.6
2,549.9
2,567.4

3,008.2
3,030.1
3,042.3
3,046.2
3,064.4
3,092.6
3,105.1
3,125.1
3,146.5
3,162.2
3,180.3
3,201.7

3,548.7
3,582.9
3,607.2
3,614.1
3,630.5
3,661.4
3,682.9
3,711.8
3,740.5
3,763.5
3,797.6
3,830.6

5,986.4
6,040.6
6,096.1
6,160.4
6,226.3
6,289.1
6,349.6
6,411.0
6,470.0
6,529.3
6,612.1
6,733.3

621.3
625.3
634.2
641.5
652.1
660.6
670.1
679.9
687.4
695.3
707.1
725.9

....

M3

556.0
563.1
566.3
569.8
575.0
583.2
589.0
597.1
604.3
607.4
612.7
620.5

May

M2

2,572.8
2,582.9
2,602.3
2,626.1
2,651.1
2,673.3
2,701.2
2,724.5
2,744.2
2,768.5
2,785.2
2,811.2

3,226.0
3,244.8
3,269.9
3,298.6
3,319.6
3,342.6
3,375.3
3,402.0
3,429.7
3,449.7
3,465.9
3,494.9

3,854.4
3,876.2
3,901.1
3,924.6
3,953.0
3,975.0
4,039.0
4,035.1
4,054.1
4,036.5
4,1*36.0
4,137.1

6,832.2
6,884.0
6,930.2
6,985.8
7,050.8
7,116.5
7,182.1
7,271.9
7,362.0
7,427.4
7,506.4
7,596.9

730.8
732.0
734.8
745.1
746.6
741.3
742.8
745.6
747.9
757.3
754.6
752.3

2,829.4
2,829.8
2,833.3
2,844.5
2,845.5
2,848.0
2,856.2
2,869.6
2,885.3
2,902.7
2,904.7
2,909.9

3,519.2
3,525.9
3,532.7
3,549.3
3,564.1
3,579.0
3,588.9
3,610.1
3,630.9
3,655.2
3,670.3
3,677.6

4,165.6
4,176.6
4,176.7
4,137.3
4,215.0
4,231.7
4,237.4
4,202.5
4,293.3
4,327.5
4,337.2
4,340.2

7,661.8
7,703.5
7,752.0
7,814.9
7,882.2
7,942.2
7,987.4
8,043.7
8,108.7
8,177.8
8,256.0
8,310.7

7584
760.1
763.8
771.2
771 1
776.5
782.5
782.4
783.7
785.4
786.6
790.3

2,930.5
2,950.8
2,969.3
2,990.3
2,999.8
3,013.1
3,023.9
3,029.7
3,035.0
3,042.2
3,059.3
3,069.4

3,702.3
3,732.7
3,757.0
3,780.6
3,795.6
3,816.4
3,839.1
3,851.1
3,860.5
3,877.2
3,897.2
3,914.3

4,3'?6.9
4,407.2
4,437.0
4,4'r5.8
4,504.2
4,521.1
4,565.1
4,583.6
4,591.7
4,612.5
4,638.4
4,675.0

8,354.5
8,412.5
8,478.4
8,540.2
8,599.5
8,659.1
8,718.8
8,784.3
8,850.0
8,912.4
8,988.6
9,052.1

Components
Non transaction
components

Travelers
checks3

Demand
deposits4

Other
checkable
deposits5

M26

M37

156.8
158.0
158.7
159.3
160.5
161.8
162.7
164.3
165.2
166.0
167.1
167.8

53
53
5,,4
5,,5
5,,6
5^7
5,8
5n8
5.8
5,,9
5.9
5,,9

244.5
247.1
247.9
248.3
250.6
253.7
255.2
257.5
261.5
261.2
262.4
267.3

149.3
152.7
1543
156.7
158.4
162.1
165.4
169.5
171.8
174.3
177.4
179.5

1,837.2
1,855.1
1,861.2
1,859.2
1,870.7
1,891.0
1,902.2
1,912.8
1,921.2
1,9283
1,937.1
1,946.9

614.9
611.9
614.9
617.3
618.7
618.4
613.9
615.2
621.0
626.6
630.4
6343

284.9
285.2
284.7
284.0
285.5
288.0
290.8
293.3
294.5
297.4
300.0
301.6

168.6
169.6
170.8
171.5
172.9
173.7
174.7
176.1
176.9
178.3
179.4
180.5

6.0
6.0
6.0
6.1
6.1
6.2
6,3
6.4
6,4
6,4
6,;5
6.5

264.9
265.8
270.4
272.9
277.2
279.6
282.9
285.6
287.3
287.9
292.4
303.2

181.7
183.9
186.9
191.0
195.9
201.0
206.2
211.8
216.7
222.7
228.9
235.8

1,951.5
1,957.7
1,968.1
1,984.6
1,999.0
2,012.7
2,031.1
2,044.6
2,056.9
2,073.2
2,078.1
2,0853

6533
661.9
667.6
672.5
668.6
669.4
674.1
677.6
685.5
681.1
680.7
683.7

182.3
183.7
184.3
185.5
186.9
187.7
188.9
190.0
191.4
193.1
195.1
196.4

6.5
6.6
6.7
6.7
6.7
6.8
6.8
7.0
7,1
7.0
7,0
7.1

299.1
296.2
295.4
2993
2993
292.9
291.7
291.6
290.5
295.9
291.9
288.3

242.9
245.4
248.3
253.6
253.7
253.9
255.4
256.9
259.0
261.2
260.7
260.4

2,098.6
2,097.8
2,098.6
2,099.4
2,099.0
2,106.7
2,113.4
2,124.1
2,137.4
2,145.4
2,150.0
2,157.7

198.5
199.4
200.7
202.4
203.4
204.7
206.4
207.0
208.6
209.7
210.5
211.8

7.2
73
7,2
7,2
73
73
7*2
7.2
73
7,4
7.5
7.6

289.4
288.1
288.4
290.3
288.1
289.9
290.4
289.9
288.8
288.9
287.7
288.6

263.4
265.4
267.5
271.2
272.2
274.7
278.5
2783
279.0
279.4
281.0
2823

2,172.2
2,190.7
2,205.5
2,219.1
2,228.8
2,236.6
2,241.4
2,247.3
2,251.3
2,256.8
2,272.7
2,279.2

Currency2




Year and
month

Large
time
deposits5

Federal
debt

Nonfederal
debt

885.0
882.2
881.0
884.1
8883
889.7
887.0
882.3
880.6
879.2
879.1
882.6

416.8
418.1
421.1
425,7
425.6
423.3
419.6
421.3
426.0
430.4
433.3
436.6

1,383.2
1,399.9
1,4183
1,436.5
1,456.2
1,472.7
1,4923
1,513.6
1,524.2
1,529.7
1,551.7
1,5853

4,603.2
4,640.7
4,677.8
4,723.9
4,770.1
4,816.4
4,857.3
4,897.4
4,945.8
4,999.7
5,060.5
5,147.9

1985
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

302.5
303.4
304.9
308.8
315.0
320.5
326.7
334.2
342.5
3523
362.0
371.0

886.5
889.0
892.0
893.9
890.7
886.1
883.4
879.4
875.0
866.6
858.0
853.9

445.9
450.6
450.5
452.1
448.5
447.5
449.1
448.9
447.6
443.2
440.2
439.0

1,607.1
1,624.7
1,641.8
1,656.4
1,674.6
1,694.3
1,712.8
1,732.8
1,754.7
1,765.5
1,781.1
1,805.8

5,225.2
5,259.3
5,2883
5,329.3
5,3763
5,4223
5,4693
5,539.1
5,607.3
5,661.8
5,7253
5,791.1

1986
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

689.8
696.1
699.4
704.8
718.6
731.0
732.7
740.4
745.6
752.5
765.6
767.6

381.0
390.0
396.8
404.4
409.9
412.8
414.9
417.0
418.7
417.8
416.0
416.4

851.2
847.7
845.0
842.9
844.6
8523
860.8
868.6
874.7
885.3
903.0
914.1

441.6
444.2
446.4
450.1
456.1
461.1
462.9
465.4
4683
474.5
483.0
487.4

1,818.1
1,832.1
1,849.6
1,861.6
1,874.5
1,887.0
1,892.1
1,909.8
1,923.1
1,929.1
1,9473
1,957.5

5,843.7
5,871.4
5,902.4
5,953.3
6,007.7
6,055.1
6,095.3
6,133.9
6,185.6
6,248.8
6,308.8
6,353.1

1987
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

771.8
781.8
787.7
790.3
795.7
803.3
815.2
821.4
825.5
835.0
837.9
844.9

417.0
418.8
421.5
423.3
425.2
427.6
429.7
430.9
430.5
429.2
431.8
4313

925.4
942.4
952.8
963.4
971.0
975.7
981.0
9883
998.7
1,009.8
1,013.1
1,026.1

487.0
4923
496.3
499.2
502.4
507.8
514.0
519.4
526.7
532.0
534.4
537.8

1,963.6
1,981.0
2,006.2
2,018.2
2,023.2
2,0333
2,042.7
2,059.5
2,079.9
2,088.8
2,100.6
2,114.0

6,391.0
6,431.5
6,472.2
6,522.0
6,576.4
6,625.8
6,676.1
6,724.8
6,770.1
6,823.6
6,888.0
6,938.1

1988
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

Savings
deposits8

Small
time
deposits4

25

11. Measures and components of the money stock and debt1—Continued
B. Not seasonally adjusted
Billions of dollars
Measures

Year and month
Ml

1985
January ...
February
March ....
April
May ....
June
July
August
September
October. ..
November
December

...

...

1986
January
February
March
April
May
June
July
August
September
October .
November
December
1987
January
February .
March
April
May
June
July
August ....
September
October
November
December
1988
January
February
March
Apri 1
May
June
July
. .
August
September
October
November
December

26



...

. .

....
....

...

...

....

M2

M3

L

Debt

561.1
551.9
5584
575.0
5694
585.2
592 1
595.1
602 2
605 5
615.1
633 5

2,400.6
2,408.3
2,424.0
2,437.3
2,438.2
2,475.3
2,496.9
2,507.8
2 519.0
2,533.3
2,550.1
2,576.2

3,014.1
3,019.6
3,039.4
3,051.8
3,057.2
3,091.3
3,105.7
3,122.9
3,142.7
3,161.9
3,184.0
3,213.3

3,55 B. 5
3,578.8
3,609.6
3,619.8
3,6B.9
3,659.1
3,679.5
3,707.0
3,734.1
3,761.1
3,802.2
3,843.7

5,978.4
6,018.8
6,066.7
6,128.7
6,194.9
6,260.8
6,322.8
6,383.2
6,444.3
6,505.5
6,590.2
6,723.5

626.9
613 1
6246
647.4
646 1
663.3
673 9
6790
685 1
692 7
709.3
740 4

2,581.6
2,572.5
2 597.0
2,635.0
2,642.3
2,674.7
2,707.7
2723 7
2,737.7
2765 5
2,785.1
2 821.1

3,233.5
3,234.1
3 265.7
3,304.0
3,311.2
3,342.0
3,376.3
3 4008
3,426.5
3448.2
3,470.0
3 507 4

3,867.6
3,871.7
3,901.4
3,925.6
3,939.9
3,973.6
4,003.4
4 029.7
4,053.3
4 083.0
4,112.4
4 152.0

6,822.4
6,858.8
6,898.0
6,951,7
7,017.6
7,087.5
7,152.8
7 240.9
7,334.0
7,397.5
7,473.9
7 581.1

737.8
717 7
723.7
7526
739.9
744 6
747.0
745 2
745.5
754 1
7565
7664

2,840.0
2 817.4
2,826.5
2 855.0
2,835.8
2 850.0
2,863.2
2 869.8
2,878.9
2,899.1
2 903 9
2,918.7

3,528.2
3 513.8
3,527.2
3 556.0
3,554.2
3 578.8
3,590.2
3 609.9
3,628.4
3,653.1
3 674 8
3,688.5

4,181.6
4,171.9
4,174.2
4,192.1
4,202.3
4231.3
4,230.8
4,257.2
4,288.0
4,323.5
4 344 7
4,354.5

7,644.9
7,667.7
7,715.7
7,778.7
7,845.5
7 910.7
7,960.1
8 015.2
8,080.3
8,148.1
8 222 2
8,292.8

765 2
745.5
752.6
779 1
764.6
7799
786 9
7823
781 0
782.1
7883
8044

2,941.1
2,938.3
2,962.4
3 001 4
2,990.1
3,015.6
3 031 5
3,030.5
3 028 5
3,038.4
3 057.9
3 077.1

3,710.9
3,720.7
3,751.4
3 786 7
3,785.4
3,816.7
3 8407
3,852.1
3 858 6
3,874.9
3 902.3
3,924.1

4,393.1
4,403.1
4,433.4
4 470.1
4,492. 1
4,521.6
4 557 1
4,578.4
4 58(5 8
4,608.4
4 646.2
4 688.5

8,317.2
8,375.9
8,440.7
8 501 1
8,562.2
8 626.7
8 684 5
8,744.5
8 815 9
8,880.9
8 957.5
9 037.5

Components

Travelers
checks3

mand
deposits4

Other
checkable
deposits5

155.5
156.0
1573
158.6
160.6
162.6
164.1
165.1
164.8
165.6
167.9
170.2

4.9
5.0
5.1
5.2
5.4
5.9
6.5
6.6
6.2
5.9
5.6
5.5

249.8
240.0
241.4
250.1
246.3
254.5
257.0
255.8
260.5
261.2
264.6
276.9

167.3
167.6
169.4
170.8
173.0
174.6
176.1
176.9
176.4
177.8
180.2
183.0

5.5
5.6
5.8
5.8
5.9
6.5
7.2
7.3
6.9
6.5
6.1
6.0

180.9
181.5
182.9
184.8
187.0
188.6
190.4
190.9
190.9
192.5
195.9
199.3
197.0
197.1
199.1
201.6
203.6
205.7
208.0
207.9
208.0
209.0
211.3
214.9

Currency2

n<*
De-

Nontransaction
components

6

7

Money market
mutual funds
Overnight General
RPs and purpose InstiEuro
and
dollars9 broker- tution
only
dealer

.Money
Large Federal
market Savings Small
deposit deposits8 time de- time de- debt
10
posits
posits11
accounts

V/anr
I Cal

Nonfederal
debt

and
month

M2

M3

150.9
150.9
154.6
161.1
157.1
162.2
164.5
167.6
170.6
172.8
177.0
180.9

1,839.5
1,856.4
1,865.6
1,862.3
1,868.8
1,890.1
1,904.7
1,912.7
1,916.8
1,927.8
1,934.9
1,942.7

613.5
611.3
615.4
614.5
619.0
616.0
608.8
615.1
623.8
628.6
634.0
637.1

60.3
64.5
63.2
57.7
61.2
60.7
60.8
63.7
64.4
65.0
66.3
70.2

171.9
175.1
177.6
176.2
172.2
175.7
176.0
176.8
176.7
177.0
176.8
176.5

65.0
62.2
59.5
59.6
63.5
67.1
64.8
63.0
62.3
63.3
64.5
64.5

435.8
450.5
460.1
462.9
466.4
477.9
487.3
495.2
500.3
505.1
510.7
513.5

282.9
282.7
284.5
285.4
287.0
290.6
294.1
293.9
293.9
298.0
299.1
298.6

888.6
883.6
880.1
880.1
882.0
885.1
886.6
883.1
881.5
882.6
882.0
883.9

417.1
418.1
421.9
422.5
424.2
420.9
416.9
422.2
428.7
433.0
434.7
437.3

1,383.1
1,397.4
1,412.0
1,427.1
1,443.8
1,457.9
1,475.8
1,495.8
1,506.9
1,515.6
1,544.2
1,583.7

4,595.3
4,621.3
4,654.7
4,701.6
4,751.1
4,802.9
4,847.1
4,887.4
4,937.4
4,989.9
5,046.0
5,139.8

1985
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

270.7
258.0
262.9
274.6
272.4
280.9
285.2
284.2
286.1
287.8
294.8
314.0

183.4
181.9
186.5
196.1
194.8
201.3
205.4
210.6
215.7
220.7
228.2
237.4

1,954.8
1,959.4
1,972.4
1,987.6
1,996.3
2,011.5
2,033.7
2,044.7
2,052.6
2,072.8
2,075.8
2,080.7

651.8
661.7
668.7
669.1
668.9
667.3
668.6
677.1
688.8
682.7
684.9
686.3

68.8
68.4
67.3
68.1
68.9
66.3
72.0
74.9
73.1
78.0
77.5
78.3

178.0
181.5
186.6
191.9
193.6
197.8
200.1
200.9
202.7
207.3
207.5
208.0

67.3
67.7
70.2
74.1
76.1
75.1
77.7
81.2
84.7
84.9
84.8
84.4

517.4
518.2
522.3
526.9
532.5
542.1
548.0
554.2
559.5
565.2
569.7
572.5

300.0
300.1
304.0
309.9
316.6
323.6
330.9
335.6
342.3
353.5
361.0
366.9

890.5
891.3
892.2
890.7
884.6
881.7
882.7
879.0
875.0
868.8
860.1
855.1

446.4
450.7
451.7
449.1
447.2
445.1
445.7
449.2
450.0
445.8
441.9
439.9

1,606.7
1,621.0
1,633.3
,644.6
,660.7
,678.9
,695.7
,713.5
,734.9
,749.0
,772.2
,803.9

5,215.7
5,237.7
5,264.7
5,307.1
5,356.9
5,408.6
5,457.1
5,527.4
5,599.1
5,648.4
5,701.7
5,777.2

1986
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

6.0
6.2
6.4
6.4
6.5
7.1
7.7
7.9
7.6
7.0
6.6
6.5

305.7
287.2
286.9
301.1
294.0
294.4
294.3
290.6
289.2
295.7
294.2
298.6

245.1
242.7
247.6
260.3
252.4
254.4
254.5
255.8
257.9
258.9
259.8
262.0

2,102.3
2,099.7
2,102.7
2,102.5
2,095.9
2,105.4
2,116.2
2,124.7
2,133.4
2,144.9
2,147.4
2,152.3

688.2
696.4
700.8
700.9
718.4
728.8
727.0
740.1
749.5
754.1
771.0
769.8

84.6
80.0
76.8
76.8
76.0
74.7
75.5
79.6
83.3
85.9
79.6
78.3

209.5
211.5
212.5
212.1
209.9
210.6
210.6
213.1
216.3
218.2
219.7
221.1

84.4
85.1
85.4
83.5
82.1
81.7
83.8
84.0
81.3
82.5
89.5
89.6

575.5
572.2
571.9
566.9
558.7
555.1
549.7
545.3
541.1
534.7
528.7
526.3

377.3
385.1
395.0
405.6
412.1
417.1
420.7
419.4
418.9
419.5
414.8
411.4

855.5
850.9
846.5
841.1
839.3
847.9
859.7
867.2
873.8
886.7
904.7
915.2

442.3
444.4
447.7
447.3
454.7
458.6
459.1
465.3
470.6
477.5
485.2
488.7

1,817.7
1,827.9
1,839.8
1,848.5
1,859.6
1,870.9
1,874.2
1,889.3
1,901.8
1,911.3
1,937.8
1,955.6

5,827.2
5,839.8
5,875.9
5,930.2
5,986.0
6,039.9
6,085.9
6,125.9
6,178.5
6,236.9
6,284.5
6,337.2

1987
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.

6.6
6.8
6.9
6.9
7.1
7.6
8.2
8.2
7.9
7.5
7.1
6.9

295.9
279.1
279.9
292.1
283.1
291.3
293.1
289.0
287.4
288.7
290.0
298.8

265.7
262.4
266.7
278.5
270.8
275.3
277.7
277.2
277.8
276.9
279.9
283.7

2,176.0
2,192.8
2,209.7
2,222.3
2,225.5
2,235.6
2,244.6
2,248.2
2,247.5
2,256.3
2,269.6
2,272.8

769.7
782.4
789.1
785.4
795.3
801.2
809.2
821.5
830.1
836.5
844.4
847.0

82.8
77.9
74.5
75.6
80.4
80.8
77.6
79.9
77.3
76.0
75.6
78.3

225.2
231.0
234.8
235.8
231.8
228.9
229.6
230.8
231.0
231.3
237.4
239.4

94.4
98.7
97.4
91.9
90.0
86.3
84.8
84.0
83.7
84.6
87.4
87.6

525.0
523.6
525.5
524.2
520.5
523.2
522.0
517.7
511.4
507.5
506.7
502.7

412.5
413.2
419.2
424.5
427.7
432.3
436.0
433.7
430.9
430.9
430.4
425.9

930.5
947.1
955.8
962.2
965.1
970.5
979.4
986.0
996.9
1,010.8
1,019.8
1,027.3

487.9
492.9
497.8
496.1
500.5
504.8
509.5
519.2
529.1
535.4
537.3
539.6

1,962.9
1,975.7
1,994.5
2,003.1
2,006.9
2,016.5
2,024.1
2,037.6
2,056.6
2,069.0
2,090.0
2,111.8

6,374.3
6,400.2
6,446.2
6,500.0
6,555.3
6,610.2
6,660.4
6,706.9
6,759.3
6,811.9
6,867.5
6,925.7

1988
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.




27

12. Aggregate reserves of depository institutions and monetary base
A. Adjusted for changes in reserve requirements1
Billions of dollars; averages of daily figures
Not seasonally adjusted

Seasonally adjusted

Total
reserves2

Nonborrowed
reserves

Nonborrowed
reserves
plus
extended
credit3

Required
reserves

Monetary
base4

42,776
43,666
43,829
44,093
44,518
45,281
45,541
46,090
46,603
47,289
47,749
48,493

41,381
42,377
42,236
42,770
43,185
44,076
44,435
45,017
45,315
46,102
46,008
47,175

42,431
43,180
43,295
43,638
43,718
44,741
44,941
45,587
45,970
46,731
46,539
47,674

42,029
42,763
43,063
43,355
43,714
44,376
44,686
45,262
45,938
46,536
46,821
47,436

1986
January
February
March
April
May
June
July
August
September
October
November
December

48,491
49,014
49,618
50,152
51,096
51,854
52,664
53,475
54,204
55,110
56,345
58,140

47,720
48,130
48,858
49,260
50,220
51,051
51,924
52,602
53,195
54,268
55,594
57,313

48,218
48,623
49,376
49,894
50,804
51,581
52,302
53,068
53,766
54,765
56,011
57,616

1987
January
February
March
April
May . ..
June
July
August
September
October
November
December

58,599
58,465
58,366
59,317
59,680
59,075
58,763
59,021
58,999
59,694
59,137
58,693

58,019
57,908
57,839
58,325
58,644
58,298
58,090
58,374
58,059
58,752
58,512
57,916

1988
January
February
March
April
M ay
June
July
August
September
October
November
December

59,473
59,516
59,663
60,363
60,422
60,576
61,058
60,903
60,824
60,862
60,853
60,706

58,392
59,120
57,911
57,369
57,845
57,493
57,618
57,663
57,985
58,562
57,991
58,990

Year and month

1985
January
February
March
April
May
June
July
August
September .
October
November
December

28



. .

....

Total
reserves2

Nonborrowed
reserves

Nonborrowed
reserves
plus
extended
credit3

Required
reserves

Monetary
base4

202,928
204,886
205,816
206,586
208,132
210,198
211,373
213,471
214,895
216,467
218,051
219,510

43,915
43,049
43,253
44,485
43,827
45,199
45,662
45,811
46,416
46,951
47,826
49,590

42,520
41,760
41,660
43,163
42,493
43,994
44,555
44,739
45,127
45,764
46,085
48,272

43,570
42,563
42,718
44,031
43,027
44,659
45,062
45,308
45,783
46,393
46,615
48,771

43,168
42,147
42,487
43,747
43,023
44,294
44,807
44,984
45,750
46,198
46,897
48,533

203,696
202,402
203,62:1
206,170
207,275
210,765
213,059
214,002
214,574
215,7m
218,439
222,733

47,380
47,917
48,722
49,351
50,258
50,923
51,754
52,735
53,478
54,364
55,368
56,771

220,264
221,841
223,663
224,727
226,980
228,632
230,315
232,577
234,166
236,311
238,643
241,448

49,838
48,311
48,947
50,587
50,277
51,763
52,864
53,140
53,967
54,691
56,435
59,464

49,068
47,428
48,187
49,694
49,401
50,960
52,124
52,268
52,959
53,850
55,683
58,637

49,565
47,920
48,705
50,328
49,985
51,490
52,502
52,733
53,529
54,347
56,101
58,940

48,727
47,214
48,051
49,786
49,439
50,832
51,954
52,401
53,241
53,945
55,457
58,095

221,122
219,175
221,287
224,451
225,886
229,314
232,265
232,984
233,762
235,294
239,149
245,252

58,244
58,191
58,103
58,595
58,932
58,571
58,285
58,505
58,468
59,201
58,906
58,399

57,532
57,254
57,451
58,490
58,601
57,884
58,002
57,989
58,206
58,566
58,214
57,665

243,758
245,158
245,707
247,690
249,428
249,663
250,550
251,949
253,245
255,600
257,150
257,991

60,330
57,590
57,536
59,840
58,698
58,980
59,045
58,634
58,720
59,223
59,229
60,056

59,750
57,033
57,008
58,847
57,663
58,204
58,373
57,987
57,780
58,281
58,604
59,278

59,975
57,316
57,272
59,118
57,951
58,477
58,567
58,119
58,189
58,730
58,998
59,762

59,262
56,379
56,620
59,013
57,620
57,790
58,284
57,602
57,927
58,095
58,305
59,027

244,864
242,218
243,272
247,400
248,102
250,521
252,609
252,552
252,634
254,257
257,735
262,082

58,763
59,325
59,389
59,993
59,951
60,047
60,157
60,316
60,043
60,343
60,314
60,234

58,178
58,383
58,734
59,503
59,382
59,688
60,051
59,950
59,852
59,800
59,733
59,666

260,982
262,019
263,288
265,631
266,761
268,205
270,308
270,979
272,420
273,659
274,380
275,501

61,185
58,642
58,813
60,889
59,381
60,585
61,353
60,461
60,506
60,372
60,963
62,213

60,103
58,246
57,061
57,896
56,803
57,503
57,914
57,220
57,666
58,073
58,102
60,497

60,475
58,451
58,539
60,520
58,910
60,056
60,452
59,873
59,725
59,854
60,425
61,741

59,890
57,509
57,884
60,030
58,340
59,698
60,346
59,508
59,534
59,310
59,844
61,173

261,992
258,991
260,739
264,958
265,668
269,362
272,314
271,620
271,439
272,293
275,317
279,710

12. Aggregate reserves of depository institutions and monetary base—Continued
B. Not adjusted for changes in reserve requirements5
Billions of dollars; averages of daily figures

Total
reserves2

Nonborrowed
reserves

Nonborrowed
reserves
plus
extended
credit3

Required
reserves

Monetary
base4

Excess

Borrowings

1985
January
February
March
April
May
June
July
August
September
October
November
December

41,126
40,272
40494
41,652
41,051
42352
42,803
42963
44,447
45 469
46,382
48 142

39,731
38983
38 901
40 329
39,718
41 147
41,696
41 890
43,158
44 282
44,641
46 824

40,781
39,787
39 960
41 197
40,251
41 813
42,203
42,460
43,814
44 911
45,172
47 323

40,380
39,370
39 728
40 914
40,247
41 447
41,948
42,135
43,782
44 716
45,454
47 085

203,143
201,657
202 908
205 321
206,414
209 970
212,292
213 156
214,501
216 192
218,960
223 534

746
902
766
738
804
905
855
827
666
753
928
1 058

1,395
1 289
1 593
1 323
1,334
1 205
1,107
1 073
1,289
1 187
1,741
1 318

1986
January
February
March
April
May
June ...
Jury
August
September
October ...
November
December .

48,060
46 652
47,274
48882
48,419
49,938
51 029
51,277
53 189
54,623
56,399
59,560

47,289
45 768
46,513
47 989
47,543
49 135
50288
50405
52 180
53 782
55,647
58733

47,786
46 261
47,031
48,624
48,128
49,666
50666
50,870
52 751
54,279
56,065
59,036

46,949
45,555
46,378
48,081
47,581
49,007
50 118
50,538
52463
53,877
55,421
58,191

221,588
219,566
221,696
224,866
226,115
229,676
232 546
233,315
235 067
237,257
241,267
247,707

1,111
1 097
896
801
838
931
910
740
726
746
978
1,369

770
884
761
893
876
803
741
872
1 008
841
752
827

1987
January
February .
March
April ....
May
June
July
August
September
October
November
December

59 668
57,060
57 061
59,393
58 339
58,784
58 838
58,361
59,813
61,106
61,205
62,123

59 088
56503
56 534
58400
57 303
58,008
58 166
57,714
58 873
60,163
60 580
61,346

59 313
56,786
56 798
58,671
57591
58,281
58 361
57,846
59 282
60,612
60,974
61,829

58,600
55,849
56 146
58,566
57 260
57,594
58,078
57,329
59,020
59,977
60,282
61,094

246,752
244,220
244978
249,241
249,940
252,539
254,671
254,360
255,691
258,076
261,674
266,161

1 068
1,211
916
827
1 079
1,190
761
1,032
793
1,129
923
1,029

580
556
527
993
1,035
776
672
647
940
943
625

62,640
60,047
60 076
62,064
60,681
61,991
62,756
61 965
62,153
61,915
62 407
63,739

61,558
59,650
58 324
59,071
58 103
58,908
59 316
58 724
59,314
59,616
59 546
62,023

61,930
59,855
59 803
61,695
60,210
61,462
61,854
61 377
61,373
61,397
61 868
63,267

61,345
58,914
59,147
61,205
59,641
61,103
61,749
61,012
61,181
60,853
61,287
62,699

265,789
262,598
263,979
268,127
268,899
272,654
275,591
275,033
274,874
275,775
278,653
283,176

1,295
1,133
929
859
1,040
888
1,007
953
972
1,062
1 119
1,040

1,082
396
1,752
2,993
2,578
3,083
3,440
3,241
2,839
2,299
2,861
1,716

Year and month

1988
January
February .
March
April
May
June
July ....
August
September
October
November
December




... .

.

111

29

13. Loans and securities of all commercial banks1
A. Seasonally adjusted
Billions of dollars; averages of Wednesday figures

Jan.

| Feb.

Mar.

Apr.

May

Source

June

July

Aug.

Sept.

Oct.

| Nov. | Dec.

19812'3-4

1 Total loans and securities**
2 U S government securities
3 Other securities
4 Total loans and leases5
. ...
5 Commercial and industrial 6
6
Bankers acceptances held
7
Other commercial 7
and industrial . .
8
U S addressees
9
Non-U.S. addressees
10 Real estate
1 1 Individual
12 Security
13 Nonbank financial institutions
14 Agricultural
15 State and political subdivisions
16 Foreign banks
17 Foreign official institutions
18 Lease-financing receivables
19 All other loans

1,246.4 1,250.9 1,257.1 1,264.4 1,279.0 1,286.5 1,289.2 1,298.9 1,305.5 1,313.4 1,320.9 1,307.7
178.8
154.5
918.1
327.2
8.1
319.1
296.1
23.0
264.2
179.2
18.9
29.3
31.8
n.a.
24.2
11.6
11.2
20.4

174.6
155.4
920.9
327.7
8.0
319.8
296.1
23.6
265.9
179.9
18.6
29.0
32.0
n.a.
24.1
11.4
11.7
20.5

175.4
156.5
925.2
329.6
8.1
321.5
297.2
24.3
267.7
180.5
19.3
28.6
32.1
n.a.
23.0
11.1
11.8
21.5

176.5
156.2
931.7
332.6
8.5
324.1
299.3
24.7
269.5
180.1
19.9
28.8
32.3
n.a.
22.9
11.0
11.9
22.7

179.2
155.6
944.2
338.2
8.3
330.0
304.5
25.5
271.8
180.7
20.6
29.7
32.5
n.a.
23.7
11.1
12.0
23.7

181.0
155.7
949.8
341.8
8.4
333.4
307.8
25.6
273.7
181.0
21.3
30.1
32.6
n.a.
23.9
11.2
12.2
22.1

181.0
155.2
953.1
345.2
7.7
337.4
310.4
27.1
274.9
181.1
20.1
30.0
32.8
n.a.
24.0
11.3
12.3
21.4

181.4
154.9
962.6
350.3
6.9
343.4
316.6
26.9
277.0
181.7
18.5
30.5
32.8
n.a.
24.0
11.5
12.4
23.8

180.2
156.3
969.0
352.1
6.2
346.0
319.1
26.8
278.7
182.2
19.5
30.2
32.9
:i.a.
24.6
11.7
12.5
24.5

180.1
159.0
974.3
356.1
6.8
349.2
322.3
27.0
280.3
182.2
19.5
30.0
32.9
n.a.
23.4
12.5
12.6
24.9

176.9
162.6
981.4
360.3
6.4
354.0
327.1
26.9
281.9
182.2
20.9
29.9
33.0
n.a.
23.9
13.8
12.7
22.7

179.3
160.9
967.5
355.4
6.6
348.8
333.6
15.3
284.1
182.5
21.5
29.9
33.1
n.a.
18.1
7.2
12.7
23.1

19828'9'10
1 Total loans and securities

5

2 U.S. government securities
. ...
3 Other securities
5
4 Total loans and leases
5 Commercial and industrial 6
6
Bankers acceptances held
7
Other commercial 7
and industrial ..
8
U.S. addressees
9
Non-U.S. addressees
10 Real estate
11 Individual
12 Security
13 Nonbank financial institutions
14 Agricultural
15 State and political subdivisions
16 Foreign banks
17 Foreign official institutions
18 Lease -financing receivables
19 All other loans

1,309.6 1,320.6 1,329.4 1,341.4 1,348.7 1,356.3 1,363.6 1,371.1 1,379.5 1,390.1 1,391.0 1,401.5
181.1
158.5
970.0
358.4
6.4
351.9
339.0
13.0
286.0
182.8
20.5
30.3
33.3
n.a.
16.4
5.8
12.9
23.5

182.4
159.4
978.8
363.4
6.7
356.7
344.0
12.6
288.5
183.4
20.8
30.8
33.7
n.a.
16.6
5.5
13.0
23.2

181.5
161.2
986.6
366.2
6.9
359.3
346.7
12.7
291.1
183.8
20.8
31.8
33.9
n.a.
15.3
5.1
13.1
25.5

185.4
195.1
197.4
201.7
191.0
186.4
184.2
188.8
184.8
162.2
162.1
165.7
161.8
161.8
161.0
161.3
161.8
161.6
995.6 1,002.6 1,009.1 1,015.4 1,021.0 1,126.9 1,032.8 1,031.6 1,034.1
384.2
376.4
393.2
392.5
392.6
391.1
385.8
380.8
372.1
7.4
7.4
6.8
6.7
7.5
6.9
7.1
6.1
7.2
385.7
385.5
385.4
379.0
374.1
383.7
378.1
369.0
364.8
360.7
352.1
372.9
373.1
372.8
370.5
365.0
356.1
366.1
12.8
12.4
12.6
12.9
13.4
13.2
13.1
12.9
12.7
297.4
298.2
296.4
294.4
292.7
296.0
298.8
299.4
289.8
186.7
187.2
188.2
185.6
186.3
185.9
184.7
184.3
186.1
24.7
24.1
25.4
21.9
22.8
20.6
23.5
20.8
21.0
32.1
31.9
32.1
31.7
31.7
31.3
31.4
32.3
32.3
35.3
36.1
36.2
3(>.2
35.7
34.9
35.9
34.6
34.3
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
14.1
14.4
14.8
14.2
14.0
13.9
13.7
14.0
14.7
6.3
5.8
5.3
6.3
6.1
5.9
6.0
5.5
5.1
13.2
13.1
13.4
13.4
13.3
13.4
13.3
13.2
13.3
27.1
27.9
26.7
26.6
26.3
27.9
26.5
26.1
27.0
IQCgll, 12,13, 14,15,16

5

1 Total loans and securities

1,412.0 1,418.4 1,431.5 1,441.5 1,452.6 1,468.1 1,480.7 1,494.8 1,1506.1 1,524.0 1,539.7 1,553.6

2 U.S. government securities
234.6
246.1
241.7
240.5
221.0
208.5
213.0
253.1
256.5
259.2
241.0
227.5
3 Other securities
172.8
173.2
170.6
171.8
169.5
168.2
166.4
167.3
173.3
170,8
166.9
173.3
5
4 Total loans and leases
1,037.0 1,038.0 1,043.6 1,045.8 1,048.5 1,056.8 1,067.9 1,079.7 1,086.7 1,098.2 1,110.0 1,123.9
5 Commercial and industrial 6
397.5
392.2
406.3
410.0
414.1
401.4
393.4
394.5
394.8
394.1
'402.5
390.9
6
Bankers acceptances held
....
6.2
6.1
5.9
6.4
6.6
6.5
6.5
6.3
5.9
6.9
7.6
6.7
7
Other commercial 7
and industrial . .
398.2
391.4
385.0
387.2
387.4
395.1
387.5
387.6
399.8
403.5
407.6
385.8
8
U.S. addressees
375.2
387.1
390.9
395.3
372.5
379.2
373.8
374.8
375.1
375.0
382.9
384.0
9
Non-U.S. addressees
12.4
12.2
12.5
12.2
12.3
12.2
12.3
12.3
12.7
12.6
12.3
12.0
10 Real estate
314.4
308.7
311.1
317.4
304.9
320.8
324.5
327.8
330.8
302.3
303.8
306.8
11 Individual
200.2
189.7
194.2
188.2
188.4
197.1
203.0
192.4
190.9
206.8
210.1
212.9
12 Security
24.1
23.7
23.5
23.5
25.8
26.7
27.4
28.1
25.1
23.6
23.9
25.7
13 Nonbank financial institutions
30.7
31.2
31.5
31.7
30.7
30.7
31.7
30.8
30.3
30.5
30.7
30.7
14 Agricultural
37.2
38.3
38.8
39.2
37.6
37.6
37.8
36.5
36.8
37.8
37.9
38.0
15 State and political subdivisions
n.a.
n.a.
n.a.
n.a.
n.a.
r;.a.
n.a.
n.a.
n.a,
n.a.
n.a.
n.a.
16 Foreign banks
14.2
14.7
14.5
13.4
14.2
14.7
14.5
15.2
15.2
14.1
15.1
15.5
17 Foreign official institutions
7.2
7.7
8.6
9.4
7.3
7.2
6.6
7.3
7.0
6.0
6.3
6.9
18 Lease -financing receivables
13.4
13.4
13.4
13.3
13.4
13.4
13.4
13.5
13.6
13.7
13.4
13.3
19 All other loans
28.1
26.3
25.4
28.7
28.9
31.8
30.6
31.0
28.6
31.8
29.9
26.5

30



13. Loans and securities of all commercial banks1—Continued
A. Seasonally adjusted—Continued
Billions of dollars; averages of Wednesday figures

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

198417'18'19'20'21
1 Total loans and securities5

1,566.5 1,585.3 1,598.7 1,614.0 1,630.2 1,640.0 1,654.7 1,665.8 1,680.0 1,693.0 1,708.4 1,723.7

2 U S government securities
2599
259.5
261.1
260.8
2599
257 5
142.4
3 Other securities
142.0
142.8
142.5
141.6
140.7
5
4 Total loans and leases
1,164.2 1,183.8 1,194.8 1,210.6 1,228.8 1,241.8
5 Commercial and industrial
416.3
424.0
430.9
437.0
445.3
450 4
54
54
55
54
59
6
Bankers acceptances held6
57
444.7
439.4
7
Other commercial and industrial . .
411.0
418.6
425.3
431.6
7
8
U.S. addressees
399.1
406.8
413.3
420.0
427.9
433.2
11 9
12 0
11 7
11 5
11 8
11 6
9
Non-U S addressees
338.2
342.1
346.5
10 Real estate
334.0
349.8
353.8
11 Individual
215 4
225 5
229 7
233 7
221 8
218 5
12
Security
296
33 8
29 1
287
290
27 9
13 Nonbank financial institutions
30.2
30.4
30.3
30.7
31.1
31.2
14 Agricultural
39 5
39 8
40 1
40 3
40 3
40 4
34 1
15 State and political subdivisions
35.0
35.8
36.9
37.9
39 3
125
12 1
16 Foreign banks
13 2
13 2
125
11 7
17 Foreign official institutions
90
91
91
89
90
89
18 Lease -financing receivables
13.8
13.9
14.0
14.2
14.4
14.6
19 All other loans
29 1
27 8
29 0
29 6
30 3
29 9

257 7
257 7
259 0
258 5
258 7
260 2
140.5
141.6
142.6
142.9
143.0
142.6
1,256.5 1,266.5 1,279.0 1,291.5 1,306.4 1,321.0
455 5
4588
4623
472 9
471 0
4670
61
57
55
55
61
61
449.4
453.1
456.8
461.5
464.9
466,9
437.7
441.8
446.0
450.5
453.9
4564
11 7
11 3
10 9
11 1
11 0
10 4
357 0
3606
364 5
368 0
373 0
376 3
237 0
240 0
243 2
246 3
249 8
253 8
27 5
26 7
29 1
30 8
31 5
343
31.4
31.1
31 5
31 3
31 1
31 4
40 4
40 3
40 3
40 1
40 2
40 1
41 0
41 7
42 4
44 3
42 8
46 0
11 7
11 7
11 3
11 0
11 0
11 1
96
90
87
87
78
79
15.1
14.8
15 4
15 6
15 8
160
31 5
30 6
304
29 8
30 9
31 2

198522,23,24,25

5

1 Total loans and securities

1,733.2 1,749.2 1,764.3 1,774.9 1,792.0 1,810.4 1,822.4 1,832.9 1,848 2 1 858 9 1 883 7 1 911 4

271 7
274 5
275 7
2 U S government securities
262 0
266 6
269 0
267 4
2727
273 0
271 3
273 9
270 7
3 Other securities
143.1
14L2
146.9
147.9
142.8
142.9
145.0
150.9
154 2
159 1
165 6
181 4
5
4 Total loans and leases
1,328.1 1,339.8 1,354.1 1,364.6 1,375.3 1,389.0 1,398.8 1,409.3 1,421.0 1,428.5 1,444.3 1,459.3
5 Commercial and industrial
481.4
473.5
477.7
483 2
485.0
486 8
487 7
490 4
493 2
493 2
497 3
499 7
6
Bankers acceptances held6
56
66
67
61
50
51
51
50
49
51
53
53
7
Other commercial and industrial . .
471.1
477.2
467.9
474.7
480.0
481.7
482.6
485.3
488.3
488.2
492.0
494.4
7
8
U S addressees
457 8
461 2
4644
467 6
4705
472 4
473 3
476 0
479 1
479 1
483 3
485 8
9
Non-U. S. addressees
10.1
9.9
10.3
9.6
9.5
9.3
9.3
9.3
9.1
9.1
8.7
8.6
10 Real estate
379 4
383 4
386 8
390 1
394 0
398 0
402 8
425 8
406 6
410 5
416 4
420 9
] 1 Individual
258 2
2623
266 6
270 4
273 7
277 0
280 4
283 3
292 2
294 8
285 6
289 2
12 Security
32.7
33.4
36.7
38.3
40.1
40.0
32.6
34.8
39.5
39.8
408
427
31 1
13 Nonbank financial institutions
30 8
31 0
30 8
30 8
30 7
31 0
31 7
31 8
31 5
32 1
32 5
14 Agricultural
39.4
39.2
38.5
39.9
39.7
39.6
39.1
38.9
38.1
37.6
36 9
36 1
49.4
15 State and political subdivisions
46.5
47.1
47.9
48.7
49.7
50.5
51.5
52.1
54.5
56.7
52.9
104
16 Foreign banks
108
11 0
107
10.1
98
102
10 4
105
103
98
97
17 Foreign official institutions
7.4
7.2
6.9
6.9
6.8
6.6
6.4
5.9
6.1
6.0
6.1
6.0
18 Lease-financing receivables
16 2
16 4
16 7
170
17 3
17 6
17 9
18 1
18 2
18 4
18 6
19 0
19 All other loans
32.6
31.2
33.4
32.8
32.3
34.7
35.4
33.6
33.0
33.1
35.0
36.3
198626'27'28'29'30-31
5

1 Total loans and securities

1,937.8 1,945.8 1,959.8 1,961.0 1,969.4 1,978.0 2,000.5 2,023.7 2,045.9

2,052.5 2,064.6

2,094.5

2 U.S. government securities
267.1
272.2
270.8
273.0
276.0
276.5
286.4
291.3
295.0
305.1
299.9
309.6
3 Other securities
193.5
1908
187 2
185 0
185.0
186 1
188 4
195 7
204 3
200 4
197 0
196 5
5
4 Total loans and leases
1 477 2 1 482 8 1 501 8 1 503 0 1 508 3 1 515 4 1 525 7 1 536 7 1 546 6 1 552 1 1 5625 1 588 4
514 7
5 Commercial and industrial
512 0
512 8
502.6
504.2
5070
508.9
508.6
516 5
517 3
521 8
536 2
6
Bankers acceptances held6
51
51
53
54
60
61
57
56
55
52
49
48
7
Other commercial and industrial . .
497.5
499.1
501.7
503.5
502.6
505.9 507.1
509.1
511.0
512.2
516.9
531.4
7
8
U S addressees
494 1
492 0
492 6
488 0
489 8
496 3
497 9
5000
501 8
503 0
508 1
523 2
9
Non-U. S. addressees
9.4
9.3
9.8
9.5
9.2
9.2
9.2
8.2
9.6
9.2
10.0
8.8
10 Real estate
430.3
440.1
444.7
449.7
453.9
459.3
466.2
471.2
435.0
477.8
483.3
494.0
11 Individual
2977
3000
301 6
303 2
3047
306 1
307 1 3095
311 5
313 1
314 3
315.9
12
Security
44 5
44 1
504
44 4
425
42 9
46 4
40 7
43 5
39 4
40 9
40 1
13 Nonbank financial institutions
32.3
32.4
33.2
31.8
32.0
34.6
34.5
34.8
35.5
36.1
35.1
35.0
14 Agricultural
35.8
35.5
35.1
34.7
34.2
33.7
33.3
33.0
32.8
32.3
32.0
31.6
60.4
15 State and political subdivisions
58.8
59.5
60.0
60.3
60.6
60.7
60.9
61.0
60.1
59.6
58.4
16 Foreign banks
93
94
96
97
10 0
10 2
10 1
99
97
95
94
96
17 Foreign official institutions
59
60
60
60
60
60
61
61
60
60
61
59
18 Lease-financing receivables
19.7
20.2
20.4
20 5
20 6
21 9
20.0
20 3
20.8
21 2
22 1
22 3
19 All other loans
39 4
40 3
37 3
36 7
36 7
37 1
37 5
38 2
38 4
38 6
37 8
394




31

13. Loans and securities of all commercial banks1—Continued
A. Seasonally adjusted—Continued
Billions of dollars; averages of Wednesday figures

Jan.
Source

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

198732 33 34 35 36 37 3H 39 40 41

1 Total loans and securities5

2,120.1 2,124.7 2,135.2 2,153.1 2,165.5 2,174.0 2,181.8 2,201.4 2,221.9 2,235.7 2,237.5 2,239.6

316.2
318.2
313.9
320.1
324.2
329.7
2 U.S. government securities
315.6
333.5
333.3
321.6
334.0
335.5
189.9
195.0
193.4 192.8
3 Other securities
192.7
193.3
194.0
193.3
193.5
195.0
194.5
195.3
5
1,616.3 1,616.5 1,625.7 1,640.9 1,648.9 1,658.9 1,664.3 1,678.8 1,635.2 1,708.9 1,709.0 1,708.8
4 Total loans and leases
548.2
547.1
547.9
559.5
561.6
5 Commercial and industrial 6
551.3
551.8 553.4
561.9
562.7
547.8
549.6
5.1
4.6
4.9
5.0
5.1
6
Bankers acceptances held
5.0
4.8
4.6
4.4
5.0
4.6
4,6
7
Other commercial 7
and industrial . . 543.2
554.4
546.8
547.4
548.4
542.7
542.5
543.0
556.6
544.9
557.3
558.1
534.1
8
U.S. addressees
534.6
538.2
538.7
540.0
534.3
535.1
548.2
536.6
549.3
550.5
5-46.1
8.6
8.4
8.4
7.9
8.6
8.7
8.4
8.3
8.4
8.0
9
Non-U.S. addressees
8.2
7.6
505.7
10 Real estate
527.6
574.3
535.5
545.6
552.6
560.0
581.2
511.5
519.6
589,0
5S6.6
11 Individual
317.3
318.0
326.2
317.0
319.2
318.9
320.3
322.8
327.9
317.0
324.5
329,5
12 Security
39.4
39.4
44.4
39.0
43.8
43.8
45.0
46.7
47.5
43.1
39.8
34,4
13 Nonbank financial institutions
35.4
34.5
32.2
31.4
34.9
35.2
35.7
31.6
31.9
32.0
35.5
31.9
31.1
14 Agricultural
30.7
30.2
29.9
29.9
29.8
29.8
29.8
29.7
29.9
29.5
29.4
56.5
15 State and political subdivisions
57.1
56.9
54.1
56.6
56.3
55.7
54.9
56.8
:54.8
53.7
52,5
9.2
16 Foreign banks
9.7
9.5
8.6
8.7
9.7
9.1
9.1
8.8
8.1
9.1
7.5
6.1
17 Foreign official institutions
6.2
6.8
6.8
5.9
5.7
5.7
5.7
6.1
5.5
53
5.6
22.4
22.4
22.5
22.9
23.5
23.9
18 Lease -financing receivables
23.1
23.1
23.1
23.3
24.5
24..S
45.2
19 All other loans . .
40.2
41.4
41.9
43.7
41.0
40.1
40.5
43.7
42,1
44.7
44.9
198842'43'44'45'46'47'48'49'50'51
5

1 Total loans and securities

2,252.2 2,269.8 2,286.8 2,306.1 2,328.5 2,346.8 2,362.7

2,377.6 2,381.5 2,401.4 2,410.2 2,417,2

2 U.S. government securities
361.4
349.1
349.6
350.9
346.7
336.9
355.6
344.0
341.4
337.8
358.8
353.1
3 Other securities
195.2
194.0
196.7
196.8 196.5
196.4
192.6
196.8
196.6
196.3
194.8
195.9
4 Total loans and leases5
1,722.9 1,737.1 1,749.1 1,765.5 1,785.5 1,801.0 1,816.3 1,830.1 1,833.2 1,848.9 1,855.6 1,861.9
570.4
5 Commercial and industrial 6
601.9
588.5
595.0
597.4
584.1
565.0
601.6
598.1
577.3
568.8
601.8
4.7
4.1
4.1
4.7
4.7
6
Bankers acceptances held . .
4.1
4.3
4.3
4.3
4.3
4.4
4.5
7
Other commercial 7
and industrial . . 560.4
597.5
597.8
597.4
584.1
590.7
593.2
579.7
594.0
572.6
565.7
564.3
552.2
590.9
565.2
557.7
8
U.S. addressees
591.3
577.3
583.7
586.5
572.8
556.1
587.2
591.8
6.1
6.5
6.9
7.5
8.2
9
Non-U.S. addressees
5.9
6.8
6.9
6.7
6.9
8.1
8.0
10 Real estate
614.4
607.2
601.2
672.0
665.3
629.3
635.8
643.0
622.4
595.1
659.8
&I0.3
331.7
11 Individual
334.4
355.5
353.0
344.5
345.6
347.7
351.6
341.0
338.0
343.0
330.2
12 Security
38.5
36.5
39.5
40.2
41.4
38.5
38.2
39.5
38.9
39.6
36.8
39.7
31.2
13 Nonbank financial institutions
30.4
30.7
30.5
31.5
30.0
30.2
30.7
31.1
31.1
30.7
31.0
14 Agricultural
29.4
29.4
30.3
29.6
29.6
29.6
29.5
29.5
29.8
29.6
29.4
30.7
15 State and political subdivisions
49.2
48.8
48.2
51.8
48.5
49.8
50.3
51.1
46.8
47.7
49.5
16 Foreign banks
7^2
7.6
8.1
7.6
8.3
7.9
7.6
7.6
8.1
8.1
8.0
8.0
17 Ko reign official institutions
4.9
5.4
4.8
5.0
5.1
5.1
5.1
4.9
5.0
5.0
5.1
5.1
18 Lease-financing receivables
29.2
25.0
29.1
28.9
28.5
26.0
25.7
25.4
27.2
28.0
28.1
26.5
19 All other loans
44.9
49.4
50.3
52.2
43.8
47.1
47.5
44.3
43.9
41.2
47.0

32



13. Loans and securities of all commercial banks1—Continued
B. Not seasonally adjusted
Billions of dollars; averages of Wednesday figures
Jan.

|

Feb.

Mar.

Apr.

May

June

Source

July

Aug. | Sept. 1 Oct.

1 Nov.

Dec.

23 4

1981 ' 1 Total loans and securities5
2 U S government securities
3 Other securities
4 Total loans and leases5
5 Commercial and industrial
6
Bankers acceptances held6
7
Other commercial and industrial ..
8
U.S. addressees7.. .
9
Non-U S addressees
10 Real estate
11 Individual
12
Security
<>
13 Nonbank financial institutions
14 Agricultural
15 State and political subdivisions
16 Foreign banks
17 Foreign official institutions
18 Lease-financing receivables
19 All other loans

1,252.7 1,250.3 1,254.9 1,264.3 1,275.1 1,286.0 1,283.8 1,293.2 1,305.5 1,313.5 1,322.5 1,316.6
173.9
155.8
923.0
327.9
8.2
319.6
296.2
23.4
264.6
180.6
19.4
29.3
31.5
n.a.
25.4
11.6
11.3
21.5

175.5
155.6
919.2
327.2
7.9
319.2
295.4
23.8
265.7
179.5
18.2
28.9
31.4
n.a.
23.8
11.4
11.8
21.3

176.8
156.7
921.4
329.3
8.0
321.4
297.0
24.3
267.0
178.9
19.1
28.4
31,4
n.a.
22.6
11.1
11.9
21.8

179.5
155.9
929.0
333.6
8.4
325.2
300.6
24.6
268.6
178.8
20.1
28.7
31.7
n.a.
22.1
11.0
11.9
22.5

179.2
156.3
939.5
338.1
8.0
330.1
305.4
24.8
271.2
179.6
20.0
29.5
32.3
n.a.
22.9
11.1
12.0
22.7

182.0
155.2
948.9
341.5
8.5
333.0
308.1
24.9
273.2
180.1
21.8
30.0
32.9
n.a.
23.3
11.2
12.2
22.6

180.1
153.8
949.9
344.5
7.9
336.6
309.9
26.7
274.4
180.0
19.1
29.8
33.3
n.a.
23.9
11.3
12.3
21.2

180.1
154.3
958.8
348.5
6.8
341.6
315.0
26.7
277.0
181.6
18.2
30.5
33.4
n.a.
23.8
11.5
12.4
21.9

179.5
155.5
970.4
352.5
6.3
346.2
319.3
26.9
279.3
183.1
18.9
30.4
33.5
n.a.
25.4
11.7
12.5
23.1

178.3
158.6
976.6
356.2
6.6
349.6
322.4
27.1
281.2
183.4
19.3
30.0
33.5
n.a.
23.9
12.5
12.5
24.1

175.2
162.5
984.8
360.7
6.4
354.3
326.8
27.4
282.6
183.1
21.6
30.1
33.2
n.a.
24.1
13.8
12.6
22.9

178.6
162.1
875.9
357.0
7.2
349.9
334.4
15.5
84.9
184.5
23.1
30.3
32.0
n.a.
18.6
7.2
12.7
24.6

19828-9*10
5

1 Total loans and securities

2 U.S government securities
3 Other securities
4 Total loans and leases5
5 Commercial and industrial
6
Bankers acceptances held6
7
Other commercial 7
and industrial ..
8
U.S addressees
9
Non-U S addressees
10 Real estate
11 Individual
12
Security... ,
13 Nonbank financial institutions
14
Agricultural „
15 State and political subdivisions
16 Foreign banks
17 Foreign official institutions
18 Lease-financing receivables
19 All other loans

1,315.1 1,320.6 1,327.5 1,341.3 1,346.2 1,356.2 1,358.5 1,365.7 1,379.0 1,389.2 1,392.0 1,410.6
181.3
160.3
973.4
358.3
6.4
351.9
338.9
13.0
286.4
184.4
21.3
30.4
32.9
n.a.
16.5
5.8
13.0
24.3

183.5
159.9
977.1
362.3
6.6
355.7
343.1
12.6
288.1
183.1
20.5
30.6
33.0
n.a.
16.6
5.5
13.1
24.4

183.2
161.6
982.8
366.1
6.7
359.4
346.7
12.8
290.3
182.2
20.6
31.4
33.1
n,a.
15.2
5.1
13.2
25.4

187.7
160.7
993.0
372.8
7.1
365.7
353.0
12.7
291.8
182.9
21.2
32.2
33.6
n.a.
14.1
5.1
13.2
26.2

186.4
185.8
184.5
162.4
160.1
161.1
999.3 1,008.6 1,012.6
377.2
383.8
381.2
7.1
6.3
6.9
377.6
374.3
370.1
364.5
361.2
357.3
13.1
13.1
12.8
295.6
293.7
296.0
184.8
184.6
183.5
20.2
20.8
20.9
32.1
32.2
31.9
35.2
34.4
36.0
n.a.
n.a.
n.a.
13.5
13.8
14.0
5.5
5.3
5.8
13.2
13.3
13.2
26.7
26.0
26.1

200.7
187.6
190.2
193.0
195.4
166.8
160.8
160.9
161.5
161.9
1,017.3 1,027.9 1,034.7 1,034.7 1,043.1
394.2
384.0
391.1
392.8
392.4
7.7
6.7
7.4
7.3
7.0
386.4
377.3
383.6
385.5
385.4
373.8
364.3
370.4
372.6
372.6
12.6
13.0
13.3
12.9
12.7
300.6
297.4
298.9
299.6
300.1
190.6
185.9
187.1
187.8
188.2
27.3
22.2
22.5
24.5
25.0
31.7
32.0
31.6
31.7
31.9
36.4
36.7
36.7
36.4
36.0
n.a.
n.a.
n.a.
n.a.
n.a.
15.2
13.9
14.1
14.4
14.6
5.9
6.0
6.3
6.3
6.1
13.3
13.2
13.3
13.3
13.3
28.3
26.2
26.4
27.6
26.9

198311'12*13'14*15'16
5

1 Total loans and securities .

1,417.8 1,418.3 1,430.1 1,442.3 1,451.0 1,468.4 1,476.0 1,489.1 1,504.7 1,521.2 1,539.7 1,562.9

2 U.S. government securities ..
208.8
3 Other securities
168.8
5
4 Total loans and leases
1,040.2
5 Commercial and industrial
394.4
7.5
6
Bankers acceptances held6
386.9
7
Other commercial 7
and industrial . .
8
U S addressees
374.6
9
Non-U.S. addressees
12.3
302.6
10 Real estate
11 Individual
189.9
12 Security
24.5
13 Nonbank financial institutions
31.6
14 Agricultural ,
35.9
15 State and political subdivisions
n.a.
16 Foreign banks
14.8
17 Foreign official institutions
6.0
18 Lease-financing receivables
13.5
27.0
19 All other loans




223.1
214.7
167.2
168.0
1,035.6 1,039.8
394.9
392.9
6.5
6.9
386.4
388.0
375.8
374.2
12.3
12.2
304.1
303.4
188.1
188.1
23.4
23.1
31.2
31.4
36.2
36.0
n.a.
n.a.
15.4
14.5
6.6
6.3
13.4
13.5
26.4
26.4

230.6
235.0
167.9
169.9
1,043.8 1,046.1
393.3
392.2
6.3
5.8
387.0
386.5
374.1
375.0
12.0
12.3
306.0
308.1
189.4
191.0
24.0
23.4
31.1
30.6
36.8
37.5
n.a.
n.a.
14.6
14.8
6.9
7.0
13.4
13.4
28.3
28.0

240.4
241.5
170.0
170.1
1,056.8 1,065.6
394.1
397.3
6.3
6.1
388.0
391.0
375.7
378.8
12.3
12.2
310.8
314.0
193.1
196.1
24.5
24.0
30.7
30.7
38.2
38.5
n.a.
n.a.
14.8
14.3
7.2
7.2
13.4
13.2
30.2
30.1

257.8
240.4
244.9
250.2
254.2
172.9
172.8
171.9
172.8
171.6
1,075.8 1,087.0 1,099.1 1,112.6 1,133.6
415.7
399.3
401.8
405.2
409.6
6.1
6.2
6.4
6.7
7.0
408.7
393.1
395.6
398.8
402.9
396.2
380.9
383.2
386.2
390.1
12.5
12.3
12.3
12.6
12.8
331.6
317.4
321.6
325.2
328.5
215.7
200.0
203.8
207.9
211.2
24.8
24.7
26.5
28.3
30.1
31.1
30.7
30.9
30.7
30.5
38.8
39.0
39.1
39.0
38.9
34.8
n.a.
n.a.
n.a.
n.a,
13.9
13.9
14.5
14.9
14.7
7.3
7.3
7.7
8.6
9.4
13.7
13.3
13.3
13.4
13.5
30.2
30.1
28.3
28.8
33.6

33

13. Loans and securities of all commercial banks1—Continued
B. Not seasonally adjusted—Continued
Billions of dollars; averages of Wednesday figures

Jan.
Source
1 Total loans and securities5

Feb.

Mar.

Apr.

May

June

July

Aug.

$.pt.

Oct.

Nov.

Dec.

17 18 19 20 21

1984 ' ' ' *

1,572.2 1,585.3 1,597.5 1,615.3 1,628.9 1,640.8 1,650.7 1,660.0 1^*78.5 1,688.8 1,708.2 1,734.2

256.7
258.2
257.3
260.3
263.7
257.2
255.8
257.1
2 U S government securities
261.9
260.1
259.0
263.6
140.2
141.5
142.4
143.2
144.7
142.3
139.2
142.0
142.7
3 Other securities
142.6
141.8
142.9
1,167.2 1,180.8 1,191.0 1,209.4 1,227.0 1,242.4 1,254.3 1,261.8 1,278.8 1,291.0 1,308.4 1,332.0
4 Total loans and leases5
455.2
470.1
422.9
447.4
451.6
456.2
^60.7
474.9
5 Commercial and industrial 6
415.6
432.1
438.9
464.9
5.5
5.2
6.2
5.4
6.2
5.3
5.8
5.9
5.6
6.3
6
Bankers acceptances held . .
5.5
5.3
410.4
450.7
463.9
445.7
^•55.3
468.5
7
Other commercial 7
and industrial . .
426.6
433.5
449.0
459.5
417.6
441.6
437.3
452.7
405.9
434.4
439.3
O4.3
398.6
414.7
421.9
448.5
8
US. addressees
430.1
457.8
11.4
10.9
11.7
11.7
11.0
11.2
9
Non-U S addressees
11.5
10.8
11.8
11.8
11.3
11.8
265.5
377.2
10 Real estate
334.2
341.2
345.5
356.8
368.7
373.8
337.6
349.1
353.5
360.8
239.9
232.4
244.2
11 Individual
217.4
223.6
236.1
247.5
251.0
218.1
228.1
257.0
219.8
30.9
29.4
26.6
25.5
30.3
32.1
12 Security
33.0
28.7
28.3
27.9
36.3
28.7
31.4
31.2
31.4
13 Nonbank financial institutions .
31.0
31.3
31.2
31.7
32.2
30.3
29.8
30.6
30.1
14 Agricultural
39.4
40.4
40.8
41.3
41.4
38.8
39.0
41.3
41.0
38.8
40.1
39.8
35.7
41.2
41.9
35.2
36.2
37.0
40.5
42.4
43.8
15 State and political subdivisions
37.8
39.0
45.8
11.4
13.2
11.5
11.5
11.3
13.3
12.4
12.0
11.8
11.1
16 Foreign banks
11.8
11.5
8.9
8.7
17 Foreign official institutions
9.0
8.9
9.6
8.7
7.8
9.1
9.1
9.0
9.0
7.9
14.4
15.3
13.9
14.1
14.2
14.8
15.1
15.5
15.7
18 Lease-financing receivables
14.0
14.6
16.1
30.2
28.2
30.5
30.0
30.2
19 All other loans
28.5
28.4
29.8
29.7
31.0
29.8
33.3
198522.23,24,25
1 Total loans and securities5

1,738.8 1,749.4 1,762.8 1,776.6 1,791.1 1,811.5 1,818.5 1,826.7 1,846.3 1,853.0 1,883.6 1,922.7

272.4
272.1
2 U.S. government securities
272.1
269.4
268.4
275.3
269.5
271.2
262.5
270.0
271.6
274.7
165.4
150.9
145.3
3 Other securities
1181.9
154.2
145.1
146.5
141.1
143.3
158.0
146.8
142.6
5
1,396.4 1,403.7 1,420.0 1,426.5 1,445.8 1,470.9
1,331.0 1,336.7 1,350.4 1,364.5 1,374.5 1,390.4
4 Total loans and leases
496.2
487.2
472.5
5 Commercial and industrial 6
502.2
490.5
487.2
488.5
476.6
490.3
486.0
483.5
487.7
5.3
5.3
5.4
6
Bankers acceptances held
5.4
5.0
5.0
5.3
5.0
6.5
5,0
6.0
6.7
482.1
467.1
7
Other commercial 7
and industrial . .
485.6
483.3
482.8
470.1
490.9
485.3
481.9
480.0
476.8
496.7
476.4
457.0
8
U.S. addressees
476.5
472.8
474.1
473.3
460.2
481.9
472.6
470.3
466.8
487.6
9.3
9.3
9.7
10.1
9
Non-U. S. addressees
9.1
9.2
9.5
9.9
8.9
8.9
10.0
9.1
10 Real estate
406.9
379.5
426.8
411.6
397.8
393.2
382.7
422.0
417.0
402.8
389.1
385.7
1 1 Individual
293.5
290.4
283.3
279.5
268.2
260.6
298.4
286.8
275.5
271.8
261.7
264.3
12 Security
41.2
36.7
33.9
44.7
38.0
41.0
33.1
31.8
38.8
39.0
35.9
36.8
32.4
31.7
13 Nonbank financial institutions ,
33.6
32.1
30.7
30.7
30.5
31.3
31.0
30.6
30.1
31.1
14 Agricultural
37.2
39.5
39.7
38.4
39.1
35.9
39.2
39.5
38.6
38.5
38.4
39.0
53.9
52.4
50.9
15 State and political subdivisions
56.4
51.4
49.4
49.3
48.2
49.9
48.9
48.6
48.1
10.2
16 Foreign banks
9.9
10.4
10.3
11.0
10.8
9.7
9.8
10.1
10.5
10.0
11.0
17 Foreign official institutions
5.9
6.4
7.4
6.1
6.6
7.2
6.1
6.0
6.9
6.9
6.0
6.8
18 Lease-financing receivables
18.5
18.3
17.8
16.4
19.1
18.1
18.0
17.6
17.3
16.6
17.0
16.8
19 All other loans
33.4
35.1
33.1
32.9
33.3
31.5
37.9
35.6
34.0
32.1
31.8
32.6
198626'27'28'29'30'31
1 Total loans and securities5

1,944.3 1,946.4 1,957.8 1,962.9 1,969.2 1,979.8 1,995.9 2,017.2 2,043.8 2,044.9 2,0€4.2 2,106.3

2 U S government securities
267.9
274.1
294.4
276.3
275.3
275.6
303.9
296.9
285.8
291.0
272.7
309*2
196.2
204.4
191.2
3 Other securities
199.1
187.4
195.9
186.7
184.8
196,7
185.7
185.2
197.0
1,480.2 1,479.9 1,498.3 1,504.0 1,508.5 1,517.8 1,522.7 1,530.4 1,545.0 1,548.9 1,563.3 1,600,4
4 Total loans and leases5
5 Commercial and industrial 6
501.5
512.4
514.3
503.3
520.4
513.6
512.0
511.1
509.8
539,1
511.8
512.9
6
Bankers acceptances held . .
5.9
5.7
4.8
5.5
6.4
5.0
6.0
4.9
5.1
5.3
5.3
4.8
7
Other commercial 7
and industrial . .
515.4
506.0
505.5
496.7
5343
507.4
507.9
498.3
505.8
508.5
504.5
507.0
8
U.S. addressees
488.9
506.5
496.9
487.3
497.4
498.4
498.5
496.4
495.9
499.6
495.0
525,6
9
Non-U. S. addressees
9.4
9.4
8.9
8.9
9.2
9.1
9.3
9.5
9.7
8,7
9.0
9.9
10 Real estate
430.4
472.4
453.7
484.5
459.5
466.7
478.5
443.5
495.2
448.9
434.0
438.8
1 1 Individual
300.3
304.6
299.3
315.6
314.2
306.2
309.6
299.0
300.9
312.8
319.5
302.6
12 Security
40.7
45.8
41.3
41.9
43.0
40.8
42.8
50.3
48.2
41.5
44.9
38.0
13 Nonbank financial institutions .
32.6
35.7
34.7
31.1
33.2
35.7
35.4
34.8
34.5
31.6
31.9
36.3
14 Agricultural
35.0
31.4
33.7
34,1
34.5
33.2
32.2
34.0
33.9
34.0
33.8
34.0
60.7
15 State and political subdivisions
60.2
60.2
60.2
60.7
59.5
58.9
59.9
60.8
60.6
58.2
60.3
16 Foreign banks
9.7
10.2
9.5
9.4
9.4
9.9
9.7
10.1
9.5
9.5
9.6
10.0
17 Foreign official institutions
5.9
6.0
6.0
6.0
6.0
6.0
6.1
6.1
6.1
6.0
6.0
5.9
18 Lease-financing receivables
21.1
21.7
20.6
20.7
19.9
20.4
22.5
20.4
20.5
20.1
22.0
20.3
19 All other loans
36.7
38.5
37.1
39.0
37.7
38.3
38.0
38.8
37.0
38.5
40.9
36.6

34



13. Loans and securities of all commercial banks1—Continued
B. Not seasonally adjusted—Continued
Billions of dollars; averages of Wednesday figures

Jan.

Feb.

Mar.

Source

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

193732,33,34,35,36,37,38,39,40,41

1 Total loans and securities5

2,126.9 2,125.9 2,132.9 2,155.5 2,166.0 2,176.5 2,176.6 2,194.6 2,219.4 2,227.3 2,236.5 2,251.4

2 U.S. government securities
315.0
319.6
317.9
318.7
320.9
319.4
323.2
329.7
333.1
330.3
332.8
335.3
192.4
192.7
192.6
193.8
195.2
194.9
192.7
193.1
193.2
3 Other securities
192.3
194.6
195.2
5
4 Total loans and leases
1,619.5 1,613.7 1,622.4 1,643.0 1,649.9 1,662.1 1,660.7 1,671.7 1,693.1 1,704.7 1,709.1 1,720.9
551.9
5 Commercial and industrial 6
547.2
547.0
550.1
553.3
554.5
550.8
549.3
555.2
557.3
559.9
565.9
6
Bankers acceptances held
4.8
5.0
4.7
4.8
4.8
4.8
4.5
5.1
5.1
5.0
4.6
4.5
7
Other commercial and industrial . .
542.5
542.0
545.5
547.1
548.4
549.7
546.3
544.2
552.3
561.4
550.0
555.3
7
537.3
538.9
541.1
544.2
547.2
8
U S addressees
534.0
533.5
540.1
537.6
535.9
541.9
553.3
8.2
8.2
9
Non-U S«> addressees
8.5
8.5
8.3
8.6
8.7
8.3
8.1
8.1
8.1
8.1
10 Real estate
505.8
510.2
517.9
526.0
534.6
545.4
552.9
560.9
568.0
575.1
582.6
590.4
1 1 Individual
319.6
316.3
314.6
315.7
317.2
317.5
319.3
322.9
327.2
329.1
333.2
326.0
38.4
39.6
46.4
43.9
45.5
43.3
43.4
45.7
39.4
12 Security
,
40.0
45.0
35.0
34.1
34.3
35.5
32.2
31.4
32.2
13 Nonbank financial institutions
35.8
35.6
34.6
31.7
31.6
33.1
30.4
29.7
29.2
29.1
29.7
30.3
30.5
14 Agricultural
30.6
30.7
30.5
29.8
29.3
57.1
54.4
15 State and political subdivisions
58.3
58.0
57.8
56.5
55.9
54.9
54.1
53.6
53.1
52.2
8.7
16 Foreign banks
9.9
9.7
8.9
8.8
9.3
8.8
8.6
9.0
9.3
8.2
7.9
17 Foreign official institutions
6.1
6.2
6.8
6.8
6.1
5.9
5.7
5.7
5.6
5.7
5.5
5.3
18 Lease-financing receivables
22.6
22.5
22.6
22.9
23.1
23.1
23.0
23.2
23.4
23.7
24.4
24.6
44.1
19 All other loans
43.6
41.6
40.5
42.7
41.2
40.2
39.1
41.5
44.5
45.1
45.1

198842,43,44,45,46-47.48.49.50.51
3

1 Total loans and securities

2,259.8 2,271.1 2,284.0

2,308.9 2,329.5 2,349.9 2,356.7 2,370.5 2,378.9 2,392.6 2,409.2 2,429.6

2 U S government securities
338.4
342.1
342.8
344.1
345.8
361.6
357.5
352.6
352.9
351.2
348.2
348.1
196.4
3 Other securities
194.8
194.6
195.4
196.7
193.7
196.0
195.6
195.0
196.8
196.3
196.9
1,726.5 1,734.4 1,745.7 1,768.3 1,787.0 1,804.9 1,812.2 1,822.5 1,831.0 1,844.4 1,855.7 1,874.2
4 Total loans and leases5
5 Commercial and industrial 6
564.3
568.1
573.4
581.5
587.8
605.0
599.3
597.0
593.3
593.1
594.0
592.3
6
Bankers acceptances held
4.4
4.5
4.7
4.6
4.4
4.1
4.3
4.2
4.2
4.3
4.4
4.5
7
Other commercial and industrial . .
559.9
563.6
568.7
577.0
583.4
600.9
595.0
592.8
589.1
588.8
589.6
587.7
551.9
555.4
560.8
569.1
576.3
594.8
588.9
586.6
582.5
582.2
582.7
580.9
8
U S addressees7
8.2
7.9
7.9
7.1
6.1
6.1
6.2
6.6
6.6
6.9
6.8
9
Non-U. S» addressees
8.0
595.2
605.2
612.4
621.3
673.3
667.2
660.7
651.9
644.2
636.2
629.2
10 Real estate
599.6
11 Individual
334.4
333.7
335.3
338.7
340.9
359.4
354.1
352.6
347.8
344.6
343.1
351.8
40.4
41.5
40.7
36.9
35.1
38.3
41.2
12 Security
37.3
40.6
38.9
37.6
38.6
30.2
30.3
31.1
30.3
30.7
31.1
13 Nonbankfinancialinstitutions . . . .
31.6
30.8
30.8
30.1
31.0
30.8
28.3
28.6
30.5
30.5
30.6
30.5
30.4
30.3
29.9
14 Agricultural
28.9
28.5
29.3
50.0
49.4
46.6
47.1
48.0
47.3
47.7
48.2
15 State and political subdivisions
53.5
52.2
51.0
48.9
16 Foreign banks
7.7
7.9
7.7
8.2
7.6
7.4
7.9
8.3
7.9
7.8
7.6
7.9
5.4
5.1
5.1
4.9
4.8
5.1
5.0
17 Foreign official institutions
5.1
5.1
4.9
5.0
5.0
25.2
25.7
26.1
26.5
29.4
28.9
28.7
28.4
28.0
27.9
27.3
18 Lease-financing receivables
25.5
46.1
47.4
47.3
47.6
47.3
49.6
48.9
48.2
49.3
19 All other loans
43.0
42.9
43.1




35

14. Major nondeposit funds of all commercial banking institutions1
Monthly averages, billions of dollars

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1973

Seasonally adjusted
1 Total nondeposit funds 2
2 Net balances due to related foreign offices3
3 Borrowings from other than commercial banks in
the United States4
4 Domestically chartered banks
5 Foreign-related banks
Not seasonally adjusted
6 Total nondeposit funds 2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6
14 Foreign-related banks6

15
16
17
18

MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
Seasonally adjusted
Not seasonally adjusted

25 8
93

25 1
8.6

25 8
7.5

25 4
7.2

29.1
7.8

30.5
8.4

33.1
8.1

34.^
7.4

36.2
6.8

36.7
6.5

37.9
6.9

17 >8

164
n.a.
na

16.6
n.a.
na

18.3
n.a.
na

182
n.a.
na

21.3
n.a.
n.a.

22.1
n.a.
n.a.

25.0
n.a.
na

27.6
n.a.
nn

29.3
n.a.
n.a.

30.2
n.a.
n.a

31.0
n.a.
n a.

30,7
in. a.
ni a

25 4
89
18
71

25.1
7.9
17
62

247
6.7
16
51

245
7.1
16
55

28.8
7.8
17
6.1

30.2
8.0
18
6.2

33.6
8.1
20
6.1

35.0
8.1
21
6.0

36.0
7.4
1.6
5.8

36.7
7.0
12
5.8

40.9
7.6
1.4
6.2

371
7,2

16 6
na
n.a.
n.a.
n.a.

17.2
n.a.
n.a.
n.a.
n.a.

180
n.a.
n.a.
n.a.
n.a.

17 4
n.a.
n.a.
n.a.
n.a.

20.9
n.a.
n.a.
n.a.
n.a.

22.2
n.a.
n.a.
n.a.
n.a.

25 6
n.a.
n.a.
n.a.
n.a.

26 9
n.a.
n.a.
n.a.
n.a.

28.7
n.a.
n.a.
n.a.
n.a.

29.7
n.a.
n.a.
n.a.
n.a.

33.3
n.a.
n.a.
n.a.
n.a.

30 I
n.a.
n.a.
n.a.
n.a.

874
88 6

93.4
93 1

101.4
100 9

105.9
105 0

108.6
1086

110.2
108 6

114.6
112 8

120.7
122(1

125.9
128.1

127.7
129 2

127.6
126.7

128.0
128 1

7.5
81

8.7
9.9

9.5
104

8.1
83

7.0
8.7

7.0
7.1

6.7
6.5

5.2
4.1

5.4
5.3

6.8
6.0

5.6
4.3

6.0
61

7,1

13
59

19 74

Seasonally adjusted
1 Total nondeposit funds 2
2 Net balances due to related foreign offices3
3 Borrowings from other than commercial banks in
the United States4
4 Domestically chartered banks
5 Foreign -related banks
Not seasonally adjusted
6 Total nondeposit funds2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6
14 Foreign-related banks6
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted

15
16

377
77

38.8
87

43.6
96

41.6
96

45.3
100

44.4
95

46.8
99

47. ^
100

46.9
10.1

44.7
89

40.7
9.0

38.6

29.9
na
n.a.

30.0
n.a
n.a.

34.0
na
n.a.

32.0
na
n.a.

35.3
n.a.
n.a.

34.9
n.a.
n.a.

36.9
n.a.
n.a.

37.4
n.a.
n.a.

36.9
n.a.
n.a.

35.7
n.a.
n.a.

31.7
n.a.
n.a.

29.9
n.a,
n.a,

37 3
7.2
12
60

39.2
8.1
16
65

423
8.9
18
71

404
9.4
21
73

44.8
9.9
2.7
72

44.0
9.1
2.2
69

47.5
9.9
33
66

47.4
10.7
3.0
77

46.8
10.7
2.6
81

44.8
9.6
1.2
84

43.9
9.8
13
85

380
8.8
9
79

30.1
na
n.a.
n.a.
na

31.1
n.a.
n.a.
n.a.
na

33.5
n.a
n.a.
n.a.
na

31.1
na
n.a.
n.a.
na

34.9
n.a.
n.a.
n.a.
na

34.9
n.a.
n.a.
n.a.
na

37.5
na
n.a.
n.a.
na

36.7
na
n.a.
n.a.
na

36.1
n.a.
n.a.
n.a.
na

35.2
n.a.
n.a.
n.a.
na

34.1
n.a.
n.a.
n.a.
n a.

29.2
n a
n.a.
K.a.
ft a

130.7
132 1

134.5
133.8

134.9
134 4

143.0
142 0

149.6
149.5

154.6
152.7

159.4
157 2

162.2
163 7

163.5
165.8

165.0
166.6

165.1
164.4

169.5
170 2

75
8.0

60
6.6

59
6.4

57
6.0

6.5
7.6

58
6.1

57
5.4

53
4.0

5.4
5.5

42
3.7

41
3.4

4 '>

87

4.9

19 75

1
2
3
4
5

Seasonally adjusted 2
Total nondeposit funds
Net balances due to related foreign offices3
Borrowings from other than commercial banks in
the United States4
Domestically chartered banks
Foreign -related banks

Not seasonally adjusted
6 Total nondeposit funds 2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 F'oreign-related banks
10 Borrowings from other than commercial banks in
the United States4
1 1 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6
14 Foreign-related banks6

15
16
17
18

MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
Seasonally adjusted
Not seasonally adjusted

36



35 4
78

326
6.3

308
6.0

324
6.2

33.5
5.5

314
4.2

322
3.9

329
5.5

32.1
4.4

32.1
4.6

31 5
4.5

13 8

27 6
na
na

26.2
n a.
na

24.8
na
na

262
na
na

28.0
n.a.
na

27.2
n.a.
na

28.3
na
na

27.4
na
na

27.9
n.a.
n.a.

27.5
n.a.
na

27.0
n a.
n a.

28.*)
n a
n a

347
72
- i
7.3

32.9
58
-1 3
7.1

29.3
52
-2 0
7.2

31.5
59
-1 4
7.3

33.0
5.2
-1 8
7.0

30.9
39
-3 0
6.9

32.8
40
-40
8.0

33.2
60
-2 3
8.3

32.6
5.1
-29
8.0

32.9
56
-1 5
7.1

34.3
55
-1 5
7.0

H3.1
51
=2 11

275
na
n.a.
na
na

27.1
na
n.a.
n.a.
na

24 2
na
n.a.
n.a.
na

25 6
na
n.a.
n a.
na

27.9
na
n.a.
n.a.
n.a.

27 1
na
n.a.
n.a.
na

288
na
n.a.
n.a.
na

27 2
na
n.a.
n.a.
na

27.5
na
n.a.
n.a.
n.a.

27.3
na
n.a.
n.a.
na

28 9
n a.
n.a.
n.a.
n a.

27 8
n a
n.a.
n.a.
n a

1728
174.3

171 8
171.1

169 2
168.7

1660
165.0

164 4
164.0

161 8
160.2

158 9
157.2

1564
157.3

157.2
158.6

159 4
160.3

1600
159.8

159 0
160.4

37
40

31
33

35
38

38
40

3.8
4.1

3.8
42

37
34

36
27

3.7
3.9

3.8
34

4.0
35

37
41

5.1

7.4

14. Major nondeposit funds of all commercial banking institutions1—Continued
Monthly averages, billions of dollars

Jan.

Feb.

Mar.

Apr.

May

June

July

Sept.

Aug.

Oct. 1 Nov.

Dec.

1976

1
2
3
4
5

Seasonally adjusted 2
Total nondeposit funds
Net balances due to related foreign offices3
Borrowings from other than commercial banks in
the United States4
Domestically chartered banks
Foreign-related banks

Not seasonally adjusted
6 Total nondeposit funds 2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6 . . . „
14 Foreign-related banks6
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted
15
16

33.6
42

34.0
43

33.4
4.7

36.9
46

40.5
44

38.1
50

38.4
44

403
2]

39.8
26

42.6
26

45.5
40

48.5
38

29.4
na
n.a

29.7
na
na

28.7
n.a.
n.a.

32.3
n.a.
n.a.

36.1
n.a
n.a.

33.1
na
n.a

34.0
na
na

38.2
na
na

37.3
n a.
n a.

40.0
na
n.a

41.5
na
na

44.7
n a
na

324
3.3
-3 3
6.6

34 1
3.7
-35
7.2

31.7
3.9
=3.7
7.6

36.2
4.3
-3.2
7.5

40.0
4.0
-3 9
7.9

37.5
4.7
-33
8.0

38.8
4.4
-3 4
7.8

40 7
2.5
=5 3
78

40.6
3.5
-5 2
8.7

43.9
4.0
-49
8.9

48.7
5.1
=37
8.8

47.3
3.6
=60
9.6

29 1
n.a.
n.a.
n.a.
na

304
n.a.
n.a.
n.a.
na

27.8
n.a.
n.a.
n.a.
n.a.

32.0
n.a.
n.a.
n.a.
na

36.0
n.a.
n.a.
n.a.
na

328
n.a.
n.a.
n.a.
na

344
n.a.
n.a.
n.a.
na

38 3
n.a.
n.a.
na
na

37.1
n.a.
n.a.
n a.
na

40 0
n.a.
n.a.
n.a.
n a

43 6
n.a.
n.a.
n.a.
na

43 7
n.a.
n.a.
n.a.
n a

155 7
157 1

151 5
151 3

1509
151.0

149 6
148.7

146 0
145.1

149 3
147 7

149 3
1477

144 3
1445

141 6
142.0

139 3
139.7

137 4
137 8

138 1
140.0

35
3.8

44
4.5

3.8
3.9

3.6
3.9

3.8
3.8

42
4.8

38
3.5

48
3.7

4.6
5.0

45
4.0

46
4.1

39
4.4

19 77

1
2
3
4
5

Seasonally adjusted 2
Total nondeponit funds
Net balances due to related foreign offices3
Borrowings from other than commercial banks in
the United States4
Domestically chartered banks
Foreign-related banks

Not seasonally adjusted
6 Total nondeposit funds2 . . .
7 Net balances due to related foreign offices3
8 Domestically chartered banks . .
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6
14 Foreign-related banks6

15
16
17
18

MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
Seasonally adjusted
Not seasonally adjusted

46 3
46

49 1
49

490
2.7

462
.4

51 4
-.4

48 9
.0

50 1
-.2

51 1
-3

52 1
.8

53 2
1.2

51 5
-1.1

53 4
-1.2

48.9
na
n.a.

54.5
na
n.a.

41.7
na
n.a.

44.2
na
n.a.

46.3
na
n.a.

45.8
na
n.a.

51.9
na
n.a.

50.3
na
n.a.

51.5
na
n.a.

51.3
na
n a.

52.0
na
n.a.

52.6
na
n.a.

44 3
33
-5 4
8.7

49 0
43
-4 1
8.4

46.9
19
-7.7
9.6

45 9
2
-8.9
9.1

482
50 2
51 2
3
2
-8
-9.3 -10 2 -10 2
10.0
8.5
9.9

52 2

=9 3
9.3

53.3
18
-8.5
10.3

55.2
28
-85
11.3

54 7
51 7
0 = 16
-107 = 12 5
10.7
10.9

41 0
na
n.a.
na
n.a.

44 8
na
n.a.
na
n.a.

45 0
n.a
n.a.
n.a.
n.a.

45 7
na
n.a.
n.a.
n.a.

51 9
na
n.a.
n.a.
n.a.

48 4
na
n.a.
na
n.a.

50 5
na
n.a.
na
n.a.

523
na
n.a.
na
n.a.

51 5
na
n.a.
n a.
n.a.

52 4
n a
n.a.
n.a.
n.a.

54 6
na
n.a.
na
n.a.

53 2
na
n.a.
na
n.a.

137.5
138 8

137.4
137 7

137.2
137.6

136.9
135 9

138.3
137 1

141.8
1402

143.6
142 1

145.7
145 6

147.8
147 6

152.3
152 4

157.5
158 5

162.4
165 3

36
3.9

40
4.2

4.4
4.3

52
5.4

38
3.6

43
5.0

39
3.6

43
34

44
5.0

41
3.7

40
3.5

45
5.1

66.7
33

67 2
18

67.3
3.0

75.1
5.2

76.5
70

79.0
73

64.2
n a.
n a.

69.9
n.a.
n.a

69.4
n.a.
na

71.7
n.a.
na

66.4
69.2
69.2
4.3
30
22
-9 5 -105 -10 3
12.5
12.7
14.6

77.7
7.0
-99
16.9

79.5
77.1
8.1
6.8
= 9 8 = 10 2
17.9
17.0

o

19 78

Seasonally adjusted
1 Total nondeposit funds2
2 Net balances due to related foreign offices3
3 Borrowings from other than commercial banks in
the United States4
4 Domestically chartered banks
5 Foreign- related banks
Not seasonally adjusted
6 Total nondeposit funds2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4 . . .
11 Domestically chartered banks
12
Federal funds and RP security borrowings5
13
Other6
14 Foreign-related banks6

15
16
17
18

MEMO
Gross large time deposits7
Seasonally adjusted .
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
Seasonally adjusted
Not seasonally adjusted




54 2
-5

542
-1 8

55.9
-2.8

57.8
-.4

54.7
n.a.
na

56.1
n.a.
na

58.7
n.a.
n.a.

58.2
n.a.
n a.

64.6
.1
64.4
n.a.
n a.

640
14

62.6
n.a.
na

63.2
51 4
53.2
57.6
64.8
53 9
.1
-.5
-2 3 -24 -3.9
13
-13 6 -13 2 -14 9 -11 1 -11 7 -11 8
11.3
10.8
13.1
11.0
10.6
11.8

63.4
n.a.
na

65.4
n.a.
na

53 7
na
n.a.
na
na

56 2
na
n.a.
na
na

57 0
na
n.a.
n.a.
n.a.

58 1
na
n.a.
n.a.
na

64 7
na
n.a.
n.a.
na

61 9
na
n.a.
na
na

63 4
na
n.a.
na
na

67 0
na
n.a.
na
na

64 8
na
n.a.
n a.
n a.

70 8
na
n.a.
n.a.
n.a

71 4
na
n.a.
n a.
na

703
na
n.a.
na
na

166 1
167 9

170 2
170 9

175 9
176 9

180 9
179 4

186 7
184 8

189 9
187 2

192 9
190 6

195 9
195 6

199 1 200 8
198 6 201 1

209 8
211 7

2145
218 3

38
43

42
43

5.0
4.8

4.9
5.0

4.4
40

54
62

46
44

44
35

99
83

9.4
10 3

5.4
6.2

4.4
43

37

14. Major nondeposit funds of all commercial banking institutions1—Continued
Monthly averages., billions of dollars

Jan.

Feb.

Mar.

Apr.

May

June

July | Aug.

Sept.

Oct.

Nov.

Dec.

1979

1
2
3
4
5

Seasonally adjusted 2
Total nondeposit funds
Net balances due to related foreign offices3
Borrowings from other than commercial banks in
the United States4
Domestically chartered banks
Foreign-related banks

Not seasonally adjusted
6 Total nondeposit funds2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign -related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6
14 Foreign-related banks6
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted
15
16

74.1
8.4

84.5
12.6

93.6
18.6

94.8
19.7

104.6
22.9

108.2
27.0

113.1
29.0

116.9
32.5

119.8
34.3

118.0
32.8

116.6
33.7

112.8
28.9

65.6
na
n.a.

71.9
na
n.a.

75.0
na
n.a.

75.1
n.a.
n.a.

81.7
n.a.
n.a.

81.3
na
n.a.

84.1
n.a.
n.a.

84.5
n.a.
n.a.

85.5
n.a.
n.a.

85.2
n.a.
n.a.

82.9
nu
n.a.

83.9
n.a
nua.

70 6
63
-10.1
16.4

83 6
120
-6.3
18.4

90 3
173
-3.5
20.8

947
19.8
-1.0
20.8

105 5
23.4
2.7
20.6

107 6
27 1
5.3
21.8

112 4
28,5
5.6
22.9

120 1
33,1
8.2
24.9

122 1
35.5
10.5
25.0

121 1
34.5
9.1
25.4

119 5
34 7
11.4
23.3

110 5
28 4
6.9
21.6

64.3
na
n.a.
n.a.
n.a.

71.6
na
n.a.
n.a.
n.a.

73.0
na
n.a.
n.a.
n.a.

74.9
na
n.a.
n.a.
n.a.

82.1
n.a.
n.a.
n.a.
n.a.

80.5
na
n.a.
n.a.
n.a.

83.9
na
n.a,
n.a.
n.a.

87.2
na
n.a.
n.a.
n.a.

86.6
n.a.
n.a.
n.a.
n.a.

86.6
n.a
n.a.
n.a.
n.a.

84.8
na
n.a.
n.a.
n.a.

82. 1
na
n.a.
n.a.
n.a.

218.4
220 5

220.3
221 5

220.3
221 4

218.2
216.3

216.1
213.8

212.1
2089

212.1
209.7

214.2
214.1

220.8
220.6

226.1
226.6

228.6
2306

230.5
234.1

10 5
12.0

78
8.4

70
6.5

56
5.3

7.9
8.4

98
10.8

12.9
13.2

12.0
9.8

10.9
12.5

9.9
11.7

86
5.6

10 8
9.7

19 80

]
2
3
4
5

Seasonally adjusted 2
Total nondeposit funds
Net balances due to related foreign offices3
Borrowings from other than commercial banks in
the United States4
Domestically chartered banks
Foreign-related banks

Not seasonally adjusted
6 Total nondeposit funds2
7 Net balances due to related foreign offices3
. ..
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6
14 Foreign-related banks6
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted
15
16

117 7
30 6

120 9
29 9

125 6
344

110 3
26.9

1129
22.0

105 0
14 1

110 5
11.7

103 2
9.2

103 1
7.7

1063
10.1

107 1
7.8

107 3
8.4

87 1
n.a.
na

91 0
n.a.
na

91 2
n.a.
na

834
n.a.
na

90.9
n.a.
n.a.

909
n.a.
na

98.8
n.a.
na

94.0
n.a.
na

95 A
n.a.
n.a.

96.1
n.a.
n.a.

99.3
n.a.
na

98.9
n.a.
n a.

113.2
28 1
60
22 1

119.7
294
66
22 8

121.7
328
93
23 5

110.0
269
59
209

114.2
23.0
26
205

104.6
146
54
19 9

109.4 108.1 105.7 109.2 108.1 107,4
11.3
10 9
10,3
85
83
8.8
-84 -103 -14 5 -13 0 = 146 -146
24.1
19 3
20 6
23.3
23 1 22 8

85 1
n.a.
n.a.
na
na

90 3
n.a.
n.a.
na
na

889
n.a.
n.a.
na
na

832
n.a.
n.a.
na
na

91.2
n.a.
n.a.
na
n.a.

900
n.a.
n.a.
na
na

98 5
n.a.
n.a.
na
na

97 8
n.a.
n.a,
na
n a.

96.8
n.a.
n.a.
na
n.a.

97.9
n.a.
n.a.
na
n.a.

99 6
n.a.
n.a.
na
na

(
>9 I
n.a.
n.a.
na
na

232 3
234.1

2365
238.0

239.9
240.9

242.3
240.1

244.8
242.3

240 5
237.0

234,4
232.2

234.9
235.3

240.6
241.1

246.1
247.0

256 3
258.3

269 7
272.9

11.0
127

10.8
11 7

8.2
78

9.3
90

8.1
8.5

9.3
10 0

8.8
91

11.0
90

12.2
13.8

10.4
12.6

10.5
67

10.3
9!

19 SI

1
2
3
4
5

Seasonally adjusted 2
Total nondeposit funds
Net balances due to related foreign offices3
Borrowings from other than commercial banks in
the United States4
Domestically chartered banks
Foreign-related banks

Not seasonally adjusted
6 Total nondeposit funds2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
.
12
Federal funds and RP security borrowings5
6
13
Other
14 Foreign-related banks6
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted
15
16

38



1126
11.1

109.3
9.0

104.8
5.2

97.4
-.8

106.4
7.1

1105
5.1

115.0
9.3

114.5
11.0

112.6
8.0

110.9
5.5

109.8
87,{>
2.8 -20.9

101 5
n.a.
na

100 3
n.a.
na

99 6
n.a.
na

98 1
n.a.
na

99 3
n.a.
n.a.

105 4
n.a.
na

105 6
97.3
84

103 5
95.5
8.0

1047
96,2
8.5

105 4
96.7
8.7

107 0
97.7
93

108 8
101.4
7S

96.6 109.0 111.0 110.0 112.7 112.0 107.8 112.0
109.2 108.2 103.2
90.8
82
-7
8.7
63
10.4
9.3
4.9
83
60
3 8 -18.2
35
-16,2 -14.7 -17.0 -21.3 -13.6 -14.6 -14.6 -10.2 = 12.3 -15.4 -14.9 -22.5
18 7
4 "i
223
21 6
203
24 5
229 205
20 6
20 6
20 9
20 6
101 0
na
n.a.
n a.
na

99 9
na
n.a.
n.a.
na

99.7
na
n.a.
n.a.
n a.

97.3
na
n.a.
n.a.
n.a.

100.2
na
n.a.
n.a.
n.a.

105 0
na
n.a.
n a.
na

103 7
95 2
87.7
7.5
8.5

102.3
94 3
87,2
7.1
8.0

102.7
945
87.6
6.9
8.2

102.9
947
88.5
6.3
8.2

108 3
99 4
93.0
6.4
B.9

281 6
2829

286 8
2880

286 0
286 7

2873
2847

2972
294 4

302 1
298 5

307 0
304 9

314 0
315 2

319 1
3205

321 5
323 0

321 1 127 8
124 9 330 S

69
79

74
82

10.5
10 3

12 1
12 1

11.8
123

12 0
12 4

105
105

89
73

9.5
10 7

10.9
13.2

15 1
96

109 (I
101 8
95J
6.8
7.2

12 9
11 1

14. Major nondeposit funds of all commercial banking institutions1—Continued
Monthly averages, billions of dollars

Jan. 1 Feb.

Mar.

Apr.

May

June

July 1 Aug.

Sept.

Oct.

Nov.

Dec.

75.5
79.9
40.6 -46.8

79.5
-47.4

77.7
-45.8

71.2
-50.2

126.9
119.7
7.1

123.6
115.9
7.7

121.4
112.9
8.5

74.4
76.1
80.5
78.L
-41.1 -45.6 -47.9 =44.8
-34.4 =38.7 -40.4 -38.4
-6.7 -6.9
-7.5
-6.5

73.7
-47.7
-39.6
-8.0

Source

1982
Seasonally adjusted
1 Total nondeposit funds2 ....
2 Net balances due to related foreign offices3
3 Borrowings from other than commercial banks in
the United States4
4 Domestically chartered banks
5 Foreign-related banks
Not seasonally adjusted
6 Total nondeposit funds2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5 . .
13
Other6
14 Foreign-related banks6
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted
15
16

80.9
-28.7

80.5
79.8
-28.1 -32.1

81.7
-29.8

77.3
-36.3

83.4
33.0

85.0
33.9

109.6
102.7
7.0

108.6
101.1
7.5

111.9
103.8
8.1

111.5
103.9
7.7

113.6
106.0
7.5

116.5
108.8
7.6

118.8
111.6
7.2

79.5
-29.3
-27.1
-2.2

81.0
80.9
83.4
79.6
84.8
79.7
-28.4 -32.5 -32.4 -33.8 -32.3 -37.0
-25.9 -28.8 -29.8 -299 -292 -33 0
-2.5 -3.7
-2.6
-3.9
-3.1
-4.1

120.5
113.2
7.3

122.3
114.8
7.5

108.8
101.8
93.9
7.8
7.0

109.4
101.9
94.5
7.4
7.5

113.4
105.1
98.6
6.5
84

112.0
104.1
98.0
6.0
80

117.2
109.3
102.8
6.5
80

117 1
109.2
102.3
6.9
79

116 8
109.5
102.6
6.9
72

119.2
111.9
106.3
5.6
7.3

120.0
112.8
106.2
6.6
7.2

124.0
117.2
111.3
5.9
68

125.3
117.9
112.2
5.7
74

121.4
113.2
108.2
5.1
82

330.3
330.9

335.0
335.6

337.2
337.6

339.1
336.0

343.0
340.3

348.0
345.0

352.9
351.2

358.1
359.8

360.0
362.3

363.6
365.5

361.0
362.3

352.6
354.5

12.5
14.4

18.1
19.9

15.2
15.4

13.1
13.7

14 7
15.3

109
10.7

80
8.2

10.1
8.1

11.0
12.3

13.7
16.4

12.5
7.8

12.9
10.8

89.1
78.3
-55.9 -48.4

92.2
-45.7

134.2
123.9
10.3

137.9
127.7
10.2

1983
Seasonally adjusted
1 Total nondeposit funds2 . .
2 Net balances due to related foreign offices3
3 Borrowings from other than commercial banks in
the United States4
4 Domestically chartered banks
5 Foreign-related banks
Not seasonally adjusted
6 Total nondeposit funds2 .
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6 . .
14 Foreign-related banks6
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted
15
16

65.9
-61.2

74.2
68.9
68.4
-61.3 -61.7 -60.2

76.7
60.5

78.9
55.9

75.5
56.0

127.1
118.9
8.3

129.8
121.7
8.0

134.3
125.1
9.2

137.2
127.7
9.5

134.9
125.7
9.2

131.5
121.8
9.7

64.3
-61.7
-50.0
-11.7

72.7
70.0
69.4
-61.6 -62.4 -62.6
-50.5 -52.8 -52.7
-11.1 -95 -9.9

83.3
57.9
-48.7
-9.2

70.5
80.0
-55 4 -59 1
-49.2 -50.9
-6 2 -82

125.9
117.6
113.1
4.5
8.4

131.0
122.9
119.2
3.7
8.1

132.4
123.6
120 1
3.6
8.8

135.3
125.7
122.2
3.6
9.5

141 2
131.2
1276
3.6
10.0

1354
125.9
121 7
4.2
9.5

129 6
119.7
115 3
4.4
9.9

130.6
120.5
116.1
4.3
10.1

130.2
120.5
116.1
4.3
9.8

131.2
121.5
118.0
3.5
9.8

139.3
129.6
125.9
3.7
9.8

137.3
127.4
123.8
3.6
9.8

325.6
325.6

310.9
310.7

300.7
301.0

295.7
293.3

286.9
285.2

285.8
284.0

283 2
282.1

283.7
285.2

283.5
285.5

279.5
281.0

283.3
283.9

288.3
289.2

13.8
16.3

8.8
10.2

12.9
13.2

13.4
14.2

11.7
12.5

14.0
13.2

21.3
21.8

20.7
16.4

16.2
17.9

21.8
24.7

11.9
7.5

12.9
10.8

130.7
122.2
8.5

79.9
80.0
51.8 -52.9
131.8
121.7
10.2

132.7
122.6
10.2

78.4
78.3
-52.3 -51.8
-45.3 -46.3
-7.0 -5.5

137.6
127.3
10.3

91.9
94.0
74.9
-56.3 =47.4 =43.3
-48.5 -43.0
-39.8
-3.5
-7.8 -4.4

1984
1
2
3
4
5

Seasonally adjusted 2
Total nondeposit funds
Net balances due to related foreign offices3
Borrowings from other than commercial banks in
the United States4
Domestically chartered banks
Foreign-related banks

Not seasonally adjusted
6 Total nondeposit funds2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6
14 Foreign-related banks6
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted
15
16




92.4
-43.8

96.2 101.8
-41.2 -35.6

136.2
126.4
9.8

137.4
127.7
9.7

106.6 109.1
-31.0 -29.8

102.0 104.8
-32.8 -29.8

107.3 108.6
-33.6 -34.5

111.2
-31.6

112.3
-32.2

108.7
-32.9

137.6
127.9
9.7

134.8
125.6
9.2

140.8
132.2
8.6

143.1
134.9
8.2

142.7
134.6
8.2

144.6
136.4
8.2

141.6
133.7
7.9

90.6
-44.1
-38.8
-5.3

97.8 102.8 105.9 115.3 102.8 100.2 105.5 107.1 107.9 114.9
-41.4 -36.6 -33.1 -27.3 -32.5 -32.6 =34.2 -33.4 -31.7 -31.4
-37.7 -35.0 -33.3 -29.9 -32.9 -33.1
-35.0 -35.2 -34.1 -32.6
2.4
-3.7
16
.2
2.6
.4
.5
.8
1.8
1.2

109.7
-30.3
-31.3
1.0

134.7
124.8
121.3
3.4
9.9

139.2
129.3
126.2
3.1
9.9

139.4
129.3
125.8
3.5
10.1

139.0
129.0
125.4
3.7
10.0

142.5
132.5
127.0
5.5
10.0

135.3
125.7
120.3
5.5
9.5

132.9
123.1
115.2
7.8
9.8

139.7
131.2
121.3
9.8
8.6

140.5
132.6
123.5
9.2
7.9

139.6
131.9
124.1
7.7
7.8

146.3
138.6
132.1
6.5
7.7

140.0
132.4
127.5
4.9
7.6

288.5
288.2

286.8
286.2

289.4
289.9

291.9
289.8

301.4
300.3

310.6
309.0

314.6
313.2

314.4
315.7

314.6
316.9

320.8
322.3

322.6
323.1

326.9
327.5

15.8
19.6

19.0
22.3

17.7
17.5

15.8
16.5

11.6
12.8

13.4
12.4

11.1
11.9

13.1
10.3

16.2
17.5

10.2
11.0

16.6
10.4

14.9
12.5

137.4
127.7
9.8

138.9
129.3
9.6

134.6
125.0
9.6

39

14. Major nondeposit funds of all commercial banking institutions1—Continued
Monthly averages, billions of dollars

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1985

1
2
3
4
5

Seasonally adjusted
Total nondeposit funds2
Net balances due to related foreign offices3
Borrowings from other than commercial banks in
the United States4
Domestically chartered banks
Foreign-related banks

Not seasonally adjusted
6 Total nondeposit funds2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6
14 Foreign-related banks**
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted

15
16

104 8 109 8 Ill 3 103 6 1080 113 3 111.3 113.7 113.2
=34.5 -31.0 =27.8 -29.8 -30.8 -33.1 =34.3 -29.1 -29.9
139 3
131.6
77

1408
132.9
79

139 1
131.4
77

1334
126.0
74

138.7
131.4
74

146.4
138.7
77

145.6
137.5
81

142.7
134.7
8.0

143.1
134.4
8.7

120 1 1224 no 5
-25.1 -27.9 -27.7
145 3
135.9
93

1503
140.7
96

5158.2
1148.0
10 2

102 7 111 8 1128 1034 113.6 114.1 106.9 112.0 111.7 1166 1242 130.0
-34.9 -31.3 =28.7 -31.9 =-28.4 =32.6 =37.0 -29.9 -28.7 =25.4 =27.1 -24.9
-34 8 -31 6 -29 5 =324 -295 -325 -383 =32.8 -30.7 - -28 6 -102 - 10 6
-1
.5
1.1
-.2
1.3
2.9
2.0
.3
.9
3.1
3.1
5.6
137 6
129.8
126.5
3.2
78

143 1
135.1
132.1
3.0
80

141 5
133.5
130.2
3.4
80

135 3
127.8
124.5
3.3
76

142.0
134.4
131.1
3.3
76

146.7
138.7
135.5
3.2
80

143.9
135.7
132.6
3.1
8.2

141.9
133.9
130.9
3.0
8.0

140.4
132.0
128.5
3.5
8.4

142.0
133.0
129.6
3.5
89

151 2
142.2
138.1
4.1
90

154 9
145.2
141.9
3.3
98

326.2
325.9

326.0
325.2

329.7
330.6

332.7
330.7

330.4
329.7

328.4
327.1

324.9
323.3

327,1
327.9

331.1
333.1

335.1
336.6

337.3
337.8

339.5
339.8

14 6
185

12 9
158

13 4
12.8

15 1
15.4

182
20.9

16 1
14.9

21 7
23.1

17.5
13.4

15.5
16.8

53
5.4

12 2
7.9

16.7
14,6

1986

1
2
3
4
5

Seasonally adjusted
Total nondeposit funds 2
Net balances due to related foreign offices3
Borrowings from other than commercial banks in
the United States4
Domestically chartered banks
Foreign-related banks

Not seasonally adjusted
6 Total nondeposit funds2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal funds and security RP borrowings5
13
Other6
14 Foreign-related banks6
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted

15
16

40



137 2 134 6 146 2 139 3 138 1 137 0 143 9 146 6 153 2 153 7 153 6 157,0
-19 1 =20 3 =18 0 -23 3 -23 6 =24.3 =26.6 -28.7 -25.5 =26 8 =22 9 -21,2
156 3
144.9
11 4

154 9
142.9
11 9

1642
152.8
11 4

1626
149.2
13 4

161.7
146.9
149

161.2
144.9
16.3

170.4
153.5
17.0

175.4
156.8
18.6

178.7
159.2
19.5

180 5
160.5
20 0

1765
155.9
207

180,2
156,8
23,4

134.8 137.3 149.0 140.1 144.1 138.6 139.6 145.2 150.8 148.8 153.7 154,6
-19 7 -20 6 =18 7 -25 5 -21 3 -23.7 -29.4 -29.4 -24.2 --27 3 -220 -20 1
=28.0 -25.8 =26.5 =30.2 -29.3 -30.5 -33.8 -31.2 -29.2
31.9 -28.7 -30,7
4.4
82
47
80
68
1.8
5.0
51
78
46
67
104
154 5
1429
139.9
30
11 6

157 9
145 7
142.7
30
123

167 7
155 9
153.3
2.6
11 8

165 5
151.9
149.0
2.9
13 7

165 4
150.3
147.7
2.6
15 2

1622
145.3
142.8
2.5
169

169.1
151.8
149.4
2.3
173

174.6
156.2
153.8
2.4
184

175.0
156.0
153.4
2.6
189

176 1
156.8
154.3
2.5
19 3

175 7
156.5
153.9
2.5
19 2

174 9
152,6
149.9
2.8
22 1

349 1
348.9

351 9
351.1

347 5
348.8

345 9
344.2

341 6
341.1

3408
339.6

341.3
339.2

344.4
344.8

344.6
346.4

343 2
344.7

144 2
344.8

147 6
347.9

18 9
24.0

195
24.3

172
15.7

17.8
17.8

18.1
21.8

17.2
16.1

15.6
16.8

14.9
11.1

17.1
18.2

15.3
15.3

22.9
15.3

21.6
19.2

14. Major nondeposit funds of all commercial banking institutions1—Continued
Monthly averages, billions of dollars

Jan.

Feb.

Mar.

Apr.

Source

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1987
Seasonally adjusted
1 Total nondeposit funds2
2 Net balances due to related foreign offices^
3 Borrowings from other than commercial banks in
the United States4
4 Domestically chartered banks
5 Foreign-related banks
Not seasonally adjusted
6 Total nondeposit funds 2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks
12
Federal fuods and security RP borrowings^
13
Other6
14 Foreign -related banks6

15
16
17
18

MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
Seasonally adjusted
Not seasonally adjusted

165.7
-15.5

169.4
-12.1

174.9
-6.2

173.5
-8.4

1790
-2.3

175 7
19

175.1
-3.8

183 5
,3

195 0
10.9

193.8
12.2

1905
6.9

195.0
11.6

181.2
157.8
23.4

181.5
157.2
24.4

181.0
156.3
24.7

181.8
157.0
24.8

181.3
156.9
24.3

177.6
153.6
24.0

179.0
154.0
25.0

183.2
156.9
26.3

184.1
157.3
26.8

181.6
155.1
26.5

183.6
156.7
26.9

183.5
157.1
26.3

163.7 173.1
-16.2 -12.4
-26.1 -23.8
9.9
11.3

179.3 174.9 185.5 178.1
.1 -1.2
-6.7 -10.8
-21.1 =23.0 -15.5 -15.5
12.2
14.4
15.5
14.3

179.9
155.9
153.4
2.5
24.0

185.5
160.4
157.8
2.6
25 1

186.0
160.3
157.9
2.4
25.7

185.6
160.3
157.5
2.8
25.3

185.4
160.7
157.5
3.2
247

179.3
154.3
151.5
2.8
25 0

177.9
152.4
149.7
2.7
25 A

182.5
156.5
153.8
2.7
26.0

180.2
154.0
151.1
2.9
26 2

177.1
151.5
148.5
3.0
25.5

180.9
156.0
153.3
2.7
24.9

177.0
152.0
149.4
2.6
25.0

352.6
352.5

354 8
354.4

356.4
357.8

360.1
358.6

3669
366.3

372 7
371.4

372.7
370.3

371 9
372.3

372 3
374.1

379.5
381.0

387.0
387.8

389.8
390.2

21.9
275

22.4
28 6

19.2
17.1

22.0
21.6

24.6
308

26.9
25 5

25.5
26.6

30.6
21 6

24.1
25 5

30.7
30.6

37.0
25 8

24.5
22.4

171.0 182.2 192.5 188.6 188.8 191.2
14.2
-.3
12.3
7.9
-6.9
11.6
=22.2 -17.7 -11.8
=14.7 -17.1 -14.1
15.4
28.3
17.4
24.1
24.9
26.3

1988
Seasonally adjusted
1 Total nondeposit funds2
2 Net balances due to related foreign offices3
3 Borrowings from other than commercial banks in
the United States4
4 Domestically chartered banks
.
5 Foreign-related banks
Not seasonally adjusted
6 Total nondeposit funds 2
7 Net balances due to related foreign offices3
8 Domestically chartered banks
9 Foreign-related banks
10 Borrowings from other than commercial banks in
the United States4
11 Domestically chartered banks .
12
Federal funds and security RP borrowings^
13
Other6
14 Foreign-related banks'*
MEMO
Gross large time deposits7
Seasonally adjusted
Not seasonally adjusted
U.S. Treasury demand balances at commercial banks8
17 Seasonally adjusted
18 Not seasonally adjusted
15
16




195.6
9.7

193.4
3.3

193.8
-2.5

204.3
4.3

209.8
7.1

214.0
8.2

215.2
13.9

219.4
19.2

210.0
8.2

210.9
5.6

217.3
9.3

214.6
6.7

185.8
157.8
28.1

190.1
162.3
27.9

196.4
166.7
29.6

200.0
167.9
32.1

202.7
170.0
32.6

205.8
172.0
33.8

201.3
166.9
34.4

200.3
165.8
34.5

201.8
165.8
36.0

205.3
167.1
38.2

208.0
168.7
39.3

207.9
168.9
39.0

194.0 1979 199.2
3.1 -3.2
9.1
-16.5 -20.2 -25.3
22.1
23.3
25.6

206.7 217.3 217.1 210.8
8.7
9.7
1.9
10.8
-22.2 -16.5 -16.3 -14.1
24.1
25.0
24.9
26.1

218.3 206.6 204.9
5.2
18.7
9.2
=7.3 -15.7 -20.5
25.7
26.0
24.9

214.1 209.0
9.2
10.3
19.2 -20.7
29.9
29.5

184.9
155.9
153.1
2.8
28.9

194.8
166.0
164.0
20
28.8

202.4
171.5
168.1
3.4
30.8

204.7
171.9
167.2
4.8
32.8

207.6
174.6
170.0
4.6
33.0

208.4
173.3
168.4
4.8
35.2

199.9
165.0
159.6
5.4
34.9

199.6
165.3
160.3
5.0
34.2

197.3
162.1
157.6
4.4
35.3

199.7
162.9
158.8
4.1
36.8

203.7
167.4
162.8
4.6
36.3

199.8
162.9
159.3
3.5
37.0

391.2
391.1

395.9
395.7

398.0
399.5

397.1
395.4

399.8
398.9

403.2
401.8

408.4
405.9

414.6
415.1

419.7
421.7

423.2
424.7

424.5
425.6

429.2
429.8

19.9
24.9

22.2
28.2

25.2
22.3

22.4
21.7

23.9
30.4

22.0
21.0

21.3
22.0

17.1
11.9

23.5
24.6

27.2
27.7

23.0
16.3

24.9
22.9

41

15. Assets and liabilities of commercial banks—Last Wednesday of month
A. All commercial banking institutions1
Billions of dollars
1987

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

2,285.0 2,286.6 2,314.9 2,326.7 2,322.0 2,334.1 2,352.9
501.5
492.0
493.2
494.9
497.6
483 9
484.8

Sept.

Oct.

Nov.

Dec.

2,332.4 2,405.4 2,390.7 2,429.0
505.3
508.8
515.2
502.9

1 Loans and securities
2 Investment securities
3
U.S. Treasury and federal
agency securities
4
Other
5 Trading account assets
6 Total loans
7
Interbank loans
8
Loans excluding interbank
9
Commercial and industrial
10
Real estate
11
Individual
12
All other
13 Total cash assets
14 Reserves with Federal Reserve
Banks
15 Cash in vault
16 Cash items in process of collection .
17 Demand balances at U.S.
depository institutions
18 Other cash assets
19 Other assets

2,287.8
481.0

20 Total assets/total liabilities and capital ....

2,704.4 2,692.5 2,691.4 2,725.9 2,762.6 2,734.0 2,724.5 2,746.2 2,7%.3 2,817.9 2,798.5 2,857,2

21 Total deposits

1,901.4 1,898.9 1,903.5 1,923.5 1,943.5 1,928.5 1,929.9 1,931.6 1,^3.3 1,973.5 1,976.7 2,011,9

315.7
318.2
308.3
310.2
314.7
319,1
^24.0
2994
306.3
305.7
2965
3000
137.2
187.1
191.2
186.6
187.4
186.8
189,7
185,8
187.5
184.6
184.8
184.5
21.4
20.4
19.5
20.3
23.4
20.2
19,6
19.6
16.9
26.4
25.3
29.1
1,780.3 1,772 0 1,776.5 1,799.5 1810.4 1808.6 1816.1 1831.9 18:59.9 1880.5 1861.6 1896.9
171.2
161.0
159.2
154.0
150.8
168,1
161.9
161.9
156.7
159.6
1:57.4
158.6
1,618.4 1,612.4 1,617.9 1,645.4 1,648.5 1,657.9 1,659.4 1,670.9 1,702.5 1,709.2 1,702.4 1,728.9
550.9
5:59.5
557.9
571.6
553.8
547.8
547.9
558.5
546.7
553.0
545.8
550.6
570.4
576.3
535.9
555.5
561.9
582.8
W,9
5183
528.1
547.0
505.9
5103
322.5
328.4
315.4
316.0
316.9
325.8
327.3
334.0
317.8
316.5
319.6
313.6
242.2
232.7
250.5
246.8
247.7
249.0
235.3
236.5
238.6
229,4
240.0
241.0
223.8
236,2
232.4
208.4
210.4
217.2
212.0
214.7
217.8
2060
2090
222.8
33 1
23.7
74.9

28 1
235
71.7

30 7
22.8
68.4

29 4
24.0
74.8

37.5
25.1
81.7

33 5
24.2
74.7

325
24.5
69.0

37.4
24.7
65.9

330
24.5
81.3

38.4
25.0
79.1

33.8
24.0
76.2

36.2
28,4
80,1

33.6
52.6
198.8

32.4
53.3
1985

32.0
52.1
1988

33.1
50.6
199.1

36.5
51.6
203.6

30.4
51.9
197.2

31.1
51.3
181.9

30.9
51.5
182.9

32.8
51.1
101.1

32.1
49.2
188.8

32.7
50.6
190.5

36,3
55,,2
192,0

S25.6
420.5
220.4
182.1

598.8
532.0
S42.7
440.9
220.5
183.1

593.1
531.4
852.3
424.4
214.8
182.7

624.,9
527 8
859.2
432, 6
229,0
183.7

327.9

329.8

332.1

333.5

335.0

193.1
21.7

192.7
27.8

192.8
29.9

195.6
22.2

197.1
28.2

22 Transaction accounts
23 Savings deposits
24 Time deposits
25 Borrowings
26 Other liabilities
27 Residual (assets less liabilities)

579.6
5340
787.9
431.8
1862
185.0

5706
538 0
7903
426.0
182 3
185.4

569 9
542 2
791 5
415.2
186 3
186.5

591.8
537 8
794.0
419.9
1942
188.2

598.3
541 2
803.9
429.5
200.2
189.5

580.0
537 9
8107
419.1
202 2
184.3

575.4
538 9
815.6
414.9
201.5
178.1

574.2
538.0
819.4
427.6
207.2
179.9

MEMO
28 U.S. government securities (including
trading account) .
29 Other securities (including trading
account)
30 U.S. Treasury tax and loan

314.9

3207

317 3

320 1

321.9

318.1

324.6

195 3
26.4

194.4
27.1

195.3
26.8

193.4
15.1

42



192.6
26.1

192 3
25.9

192 8
13.8

6'12.1

5'15 6

15. Assets and liabilities of commercial banks—Last Wednesday of month—Continued
A. All commercial banking institutions1—Continued
Billions of dollars
1988

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1 Loans and securities
2 Investment securities
3
U.S. Treasury and federal
agency securities ...
4
Other
5 Trading account assets
6 Total loans
7
Interbank loans
8
Loans excluding interbank
9
Commercial and industrial
10
Real estate
11
Individual
12
All other
13 Total cash assets
14 Reserves with Federal Reserve
Banks
15 Cash in vault
16 Cash items in process of collection —
17 Demand balances at U.S.
depository institutions
18 Other cash assets
19 Other assets

2417 6 2 4275 2 450 0 2 467 6 2 475 4 2514 5 2 512 1 2 526 3 2524 9 2541 5 2 581 3 2 592 0
516.3
515.6
518.5
520.7
523.1
520.4
523.5
526.7
527.0
5250
531.3
533.0

20 Total assets/total liabilities and capital ....

2,813.3 2,817.3 2,856.3 2,874.2 2,863.7 2,931.1 2,918.5 2,936.8 2,933.3 2,951.4 3,017.7 3,035.8

21 Total deposits

1,971.8 1 978.7 2,008.9 2 012.5 2,009.7 2 044.4 2 052 1 2 075 1 2,060.0

329.5
331.4
3260
325.5
326.6
328 8
332.7
335 1
3365
334 7
3408
345 9
190.4
190.1
191.9
191.3
191.6
191.6
191.6
190.5
190.4
190.5
187.1
190.8
21 9
203
195
203
220
23 9
22 7
21 2
24 9
19 2
18 2
24 8
1,883.0 1,890.0 1,911.2 1,927.4 1,932.1 1,972.1 1,964.8 1,977.0 1,976.7 1,991.6 2,025.2 2,039.7
158.4
159.0
161.2
159.3
152.9
164.8
159.7
156.8
153.2
160.0
165.4
170.6
1,724.0 1,728.8 1,751.9 1,769.0 1,779.2 1,807.3 1,805.1 1,820.1 1,823.5 1,831.6 1,854.6 1,874.3
562.3
568.4
575.8
582.9
587.5
596.4
589.2
591.0
589.0
591.6
598.5
606.1
595 3
599 3
607 5
613 4
630 2
621 0
635 2
645 1
651 0
656 3
663 1
669 3
332.9
335.1
339.2
339.9
342.4
348.9
332.9
343.8
351.6
352.6
354.7
361.3
228.2
233.4
233.5
233.5
230.9
238.3
235.0
237.2
231.8
231.2
238.3
237.5
2074
214 4
2134
211 1
2005
221 6
217 1
222 1
215 0
208 5
235 1
2444
33 3
25.7
70.8

32 8
25.1
66.9

32 0
24.8
74.1

32 2
25.5
76.5

26 0
25.5
71.3

344
26.6
77.0

30 7
26.0
75.5

33 0
26.6
79.7

31 1
26.3
76.2

31 7
26.5
72.8

33 8
28.8
89.6

34 5
30.5
92.0

31 7
51 9
182 4

30 4
52.2
182 5

32 1
48.1
195 3

303
50.0
1922

29 2
485
187 9

31 6
520
195 0

31 3
53.5
189 3

31 5
51 3
188 4

294
52.0
193 4

29 2
48 4
201 4

32 1
508
201 2

34 3
53.2
1994

2 069 4 2 122 8 2 142.9

22 Transaction accounts
23 Savings deposits
24 Time deposits
25 Borrowings
26 Other liabilities
27 Residual (assets less liabilities)

577.3
531 6
862.9
452 4
205.6
183 5

568.6
535 7
874.4
451 6
202.6
184 4

588.5
540 1
880.4
457 3
206.8
183 3

596.1
536 4
880.0
467 3
210.0
1844

579.3
5424
888.0
458 1
209.6
186 3

603.8
544 7
895.9
486 7
211.3
188 8

598.9
545 6
907.7
469 2
210.0
187 3

609.9
5424
922.7
448 7
222.4
190 6

588.5
536 8
934.7
468 3
215.5
1895

587.4
538 4
943.6
4795
211.9
190 6

627.7
542 2
952.9
476 7
224,2
193 9

641.5
5370
964.4
4709
229.0
193 1

MEMO
28 U.S. government securities (including
trading account)
29 Other securities (including trading
account)
30 U.S. Treasury tax and loan

340 0

342 7

342 1

344 1

347 1

345 4

350 2

352 0

352 7

354 5

360 3

359 9

194 6
303

194 8
27.1

196 7
21.1

196 2
30.0

196 2
21.8

197 1
31.3

197 1
20.1

1974
8.8

195 5
31.4

195 3
277

195 8
164

192 3
25.3




43

15. Assets and liabilities of commercial banks—Last Wednesday of month—Continued!
B. Domestically chartered commercial banks2
Billions of dollars

1987
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

S^pt.

Oct.

Nov.

Dec.

2,139.5 2,134.1 2,126.1 2,153.1 2,161.7 2,158.7 2,166.4 2,185.7 2,206.1 2,226.2 2,221.2 2,245.4
1 Loans and securities
459.8
461.7
461.4
468.7
470.3
469.1
473.1
477.3
477.9
480.5
2 Investment securities
484.0
490.1
3
U.S. Treasury and federal
287.1
289.7
289.7
296.2
297.8
300.3
304.7
308.2
agency securities
296.1
3D4.8
308.0
113.5
172.1
4
Other
172.6
171.7
172.6
172.5
173.0
172.8
172.6
173.0
172.5
175.8
176.6
26.4
23.4
20.2
20.4
29.1
25.3
21.4
19.5
19.6
19.6
20.3
16.9
5 Trading account assets
1,653.3 1,643.2 1,639.4 1,661.0 1,670.0 1,669.4 1,672.9 1,689.0 1,738.6 1,726.1 1,716.9 1,738.5
6 Total loans
135.1
124.4
128.9
121.2
122.6
129.6
126.3
133.8
133.9
7
Interbank loans
131.0
125.0
130.3
1518.2 1512.2 1514.4 1536.5 1541.2 1548.2
1550.3 1559.4 1532.3 1592.3 1586.7 1604.6
8
Loans excluding interbank
474.2
470.4
473.1
474.3
473.0
474.6
470.7
465.1
464.5
470.0
472.1
479.0
9
Commercial and industrial
545 9
4977
5022
5100
519.0
5265
537 3
551 6
5592
5654
571 1
10
Real estate
S80 0
317.5
315.1
313.3
315.7
316.2
316.6
319.2
322.2
325.5
327.0
328.1
333,7
11
Individual . .
228.9
221.2
12
All other
221.9
216.9
228.9
223.9
223.6
220.1
227.6
229.5
215.4
211.9
192.3
189.4
215.5
191.3
13 Total cash assets
200.9
195.3
197.,8
191.8
203.3
207.6
200.3
217 0
14 Reserves with Federal Reserve
31 3
27 1
297
27 2
35 9
32 1
31 3
362
31 0
31 5
15 1
Banks
36 5
23.6
23.4
22.8
25.0
24.2
24.4
24.7
24.5
25.0
24.0
28.4
15 Cash in vault
24.0
74.4
74.2
65.4
16 Cash items in process of collection . . .
71.3
68.0
74.3
81.3
68.6
78.5
75.8
79.7
8G.8
17 Demand balances at U.S.
30.4
34.4
29.2
depository institutions
31.8
30,6
31.3
28.7
29.3
30.7
30.2
34.3
31.0
39.8
39.9
38.5
38.5
38.9
38.7
37.6
36.3
36.4
37.5
18 Other cash assets
38.0
39.6
140.2
143.1
142.0
142.3
132.4
119.1
116.8
128.1
127.8
126.2
19 Other assets
142.0
120.1
20 Total assets/total liabilities and capital .

2,480.6 2,469.5 2,457.4

21 Total deposits

1,844.0 1,841.8 1,844.9 1,861.4

22 Transaction accounts
23 Savings deposits
24 Time deposits
25 Borrowings
26 Other liabilities
27 Residual (assets less liabilities)

2,490.7 2,519.1 2,489.0
1,881.0 1,866.8

2,476.8 2,494.4 2,537.4 2,561.7 2,541.7 2,588.7
1,869.3 1,870.0 1,9'L1.4 1,911.6 1,915.7 1,948.4

571.6
532.0
740.4
342.9
111.8
181.8

563.3
535.9
742.6
337.9
1077
182.1

5624
540.1
742.4
320.1
1092
183.2

5839
535.7
741.9
328.0
116 3
185.0

5902
539.2
751.6
336.1
115 8
186.2

571.7
535.8
759.3
326.7
1145
181.1

567.5
536.8
765.1
319.4
113 2
174.8

566.0
535.8
768.2
334.3
113.6
176.5

603.4
533.5
7''4.2
328.1
t 9.6
HS.6

590.2
529.8
791.6
350.6
119.7
179.7

585.0
529.1
801.6
326.8
119.9
179.3

616,9
525,5
806,0
337,4
122,5
180,,4

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

n.a.
n.a.

24.7
512.6

26.0
519.9

27.0
524.5

28.5
530.7

29.1
536.3

30.0
541.2

31.7
548.3

MEMO3

28 Real estate loans, revolving
29 Real estate loans other

m8
2,240.9 2,246.7 2,266.7 2,283.6 2,289.1 2,318.4
1 Loans and securities
489.6
489.2
492.3
2 Investment securities
495.3
496.5
493.8
3
U.S. Treasury and federal
314.3
314.2
315.2
318.2
319.2
agency securities
317.0
4
Other .
175.3
177.1
177.3
175.0
177.0
176.8
18.2
21.9
20.3
19.5
20.3
5 Trading account assets
22.0
1,733.1 1,735.1 1,754.1 1,768.8 1,772.3 1,802.5
6 Total loans
130.5
132.2
131.5
129.2
126.0
135.0
7
Interbank loans
1,602.6 1,603.5 1,622.7 1,639.6 1,646.4 1,667.5
8
Loans excluding interbank
472.7
476.2
481.7
488.5
490.7
493.9
9
Commercial and industrial
581.6
584.1
591.7
597.0
603.8
612.5
10
Real estate
332.6
332.6
334.8
339.5
342.1
11
Individual
338.9
12
All other
. .
215.7
210.5
214.6
215.2
212.4
219.0
194.2
202.4
13 Total cash assets
186.6
193.9
197.0
183.6
14 Reserves with Federal Reserve
31.7
Banks
30.5
30.1
30.8
23.6
32.9
247
25 4
25 4
15 Cash in vault
25.7
25 1
26.6
66.4
76.7
16 Cash items in process of collection . . .
70.3
73.5
75.9
71.1
17 Demand balances at U.S.
30.4
depository institutions
30.1
28.8
28.7
27.5
29.8
18 Other cash assets
36.5
35.8
35.1
36.2
35.9
36.4
118.3
125.5
116.0
118.9
123.8
121.6
19 Other assets
20 Total assets/total liabilities and capital .

2,551.1 2,552.2

21 Total deposits

1,910.4 1,916.4 1,945.0 1,949.0 1,946.4 1,979.2

2,584.4 2,602.2

2,591.0 2,646.2

2,322.9 2,334.5 2,3:>2.7 2,347.3 2,382.9 2,385,5
496.3
499.7
501.2
499.2
505.7
508.0
320.2
323.2
324.9
176.4
176.3
176.1
23.9
22.7
21.2
1,802.7 1,812.1 1,810.2
132.1
127.8
:i24.2
1,670.6 1,684.3 1,6*6.0
492.6
490.6
489.9
618.0
626.1
631.8
343.5
348.6
351.2
216.6
219.1
213.1
197.1
203.5
1S4.2

323.4
334.9
329.6
175.8
176.1
173.0
24.9
19.2
24.8
1,823.3 1,852.4 1,858.3
129.6
139.4
132.2
1,693.6 1,713.1 1,726.1
492.4
498.1
499.5
636.6
642.3
648.5
352.2
354.4
361.0
212.4
218.3
217.1
190.4
223.2
216.0

29.6
26.0
75.2

31.4
26.6
79.4

29.0

75.8

29.9
26.4
72.0

32.6
28.8
88.8

33.1
30.4
91.2

29.5
36.9
121.5

29.8
36.4
123.6

27.4
35.7
126.7

27.3
34.8
131.9

30.2
35.5
132.9

32.3
16.3
134.9

263

2,641.5 2,661.6 2,653.6

2,669.7 2,731.7 2,743.6

1,986.8 2,009.0 1,992.7 2,001.0 2,053.0 2,069.9

22 Transaction accounts
23 Savings deposits
24 Time deposits
25 Borrowings
26 Other liabilities
27 Residual (assets less liabilities)

569.3
529.3
811 8
352.0
108.5
180.2

560.7
533.3
822 4
350.6
104.1
181.1

579.9
537.7
8273
352.2
107.3
179.9

587.3
534.0
827 8
360.5
111.6
181.1

571.1
540.0
835 3
353.2
108.6
182.9

595.0
542.0
8422
371.8
109.8
185.4

590.2
543.0
853 6
359.9
111.0
183.9

601.1
539.9
868.0
345.3
120.1
187.2

579.4
534.3
879.0
359.0
115.8
185.1

577.6
535.8
887.6
364.1
116.7
187.2

617.5
539.7
895 8
365.6
122.6
190.5

631.5
534.5
903.9
363.1
120.9
189.7

MEMO3
28 Real estate loans, revolving
29 Real estate loans other

31.3
550.3

31.7
552.5

32.0
559.6

33.0
564.0

33.7
570.1

34.9
577.6

35.4
582.6

36.3
589.8

37.4
594.4

38.4
598.3

39.5
602.8

40.1
608.4

44



16. Assets and liabilities of all large weekly reporting commercial banks, 19881
Millions of dollars, Wednesday figures
Account
1 Cash and balances due from depository institutions
2 Total loans, leases, and securities, net
3 U.S. Treasury und federal agency securities
4 Trading account
5 Investment account
6 Mortgage-backed securities2 ...
All other, maturing in
7
One year or less ... .
8
One through five years
9
Over five years
10 Other securities
1 1 Trading account
12 Investment account
13
States and political subdivisions by maturity
14
One year or less
15
Over one year
16
Other bonds, corporate stocks and securities
17 Other trading account assets
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46

Federal funds sold3
To commercial banks . .
To nonbank brokers and dealers in securities
To others
Other loans and leases gross
Other loans, gross
Commercial and industrial
Bankers acceptances and commercial paper
All other
U.S. addressees
Non-U S addressees
.. .
Real estate loans
Revolving home equity
All other
To individuals for personal expenditures
To depository and financial institutions
Commercial banks in the United States
Banks in foreign countries
Nonbank depositories and other financial institutions
For purchasing and carrying securities
To finance agricultural production
To states and political subdivisions . . .
To foreign governments and official institutions
All other
Lease financing receivables
LESS^ Unearned income
Loan and lease reserve4
Other loans and leases, net . . .
All other assets

47 Total assets
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Demand deposits
Individuals partnerships and corporations. . .
States and political subdivisions
U.S government
Depository institutions in the United States
Banks in foreign countries
Foreign governments and official institutions
Certified and officers* checks
Deposits (ATS, NOW, Super NOW, and telephone transfers) . . .
Nontransaction balances
Individuals partnerships and corporations
States and political subdivisions
U.S. government
Depository institutions in the United States
Foreign govemments official institutions, and banks
Liabilities for borrowed money
Borrowings from Federal Reserve Banks
Treasury tax-and-loan notes
All other liabilities for borrowed money5 . .
Other liabilities and subordinated notes and debentures

68 Total liabilities
69 Residual (total assets minus total liabilities)^
70
71
72
73
74
75
76
77

MEMO
Total loans and leases, gross, and investments adjusted7
Total loans and leases gross adjusted7
Time deposits in amounts of $100 000 or more
U S. Treasury securities maturing in 9
one year or less**
Loans sold outright to affiliates total
Commercial and industrial
Other
Nontransaction savings deposits (including MMDAs)




Jan. 6

Jan. 13

Jan. 20

Jan. 27

Feb. 3

Feb. 10

Feb. 17

114,850

108,966

129,998

104,307

107,766

93,175

121,403

1,096,148

1,091,581

1,092,850

1,094,736

1,102,772

1,102,070

1,103,662

127,068
12,757
114,311
39,661

126,225
12,326
113,900
39,687

129,470
14,851
114,619
40,174

129,152
13,995
115,156
40,252

130,702
15,965
114,737
40,390

131,634
17,335
114,299
40,243

133,084
18,303
114,782
40,483

16,750
47,405
10,494
74,729
2,450
72,280
51,474
6,335
45,138
20,806
2,860

16,535
47,125
10,552
74,026
1,986
72,040
51,319
6,289
45,030
20,720
2,634

16,129
47,925
10,391
73,808
1,868
71,940
51,197
6,287
44,910
20,742
2,446

16,260
48,228
10,417
73,828
1,898
71,929
51,127
6,304
44,823
20,802
2,331

16,503
47,615
10,230
73,687
1,765
71,922
50,758
6,316
44,441
21,164
2,418

16,786
47,694
9,577
73,243
1,720
71,523
50,458
6,144
44,314
21,065
2,869

17,220
47,566
9,512
72,602
1,868
70,734
49,872
5,946
43,926
20,861
2,837

67,075
45,284
15,025
6,766
865,669
845,118
290,172
1,851
288,321
285,349
2,972
269,007
16,608
252,400
161,564
51,023
22,308
5,238
23,477
11,863
5,617
32,667
2,872
20,331
20,551
4,674
36,580
824,416
126,942

69,021
47,110
15,254
6,656
860,893
840,205
288,340
2,078
286,261
283,215
3,046
269,256
16,691
252,565
161,086
50,074
22,882
4,817
22,375
11,573
5,498
32,611
2,566
19,200
20,688
4,662
36,555
819,675
120,282

67,505
42,324
17,739
7,442
860,866
840,188
287,580
2,048
285,532
282,587
2,944
268,950
16,744
252,206
160,694
50,746
23,408
4,627
22,711
11,165
5,477
32,562
2,624
20,388
20,678
4,682
36,562
819,622
122,068

72,054
43,712
20,398
7,945
858,411
837,608
287,126
2,121
285,005
282,107
2,898
269,069
16,816
252,253
160,510
48,251
22,448
3,818
21,986
12,623
5,452
32,565
2,619
19,392
20,803
4,671
36,370
817,370
120,493

75,150
44,952
20,713
9,484
862,142
841,366
288,526
2,166
286,360
283,417
2,943
269,051
16,892
252,159
160,204
49,341
22,999
4,115
22,227
13,524
5,440
32,433
2,540
20,307
20,776
4,656
36,672
820,814
125,518

77,025
47,228
19,742
10,055
858,633
837,800
288,249
2,130
286,119
283,246
2,873
269,416
16,965
252,450
159,794
48,178
22,191
3,962
22,025
12,865
5,388
32,354
2,440
19,116
20,833
4,683
36,651
817,299
126,523

72,904
47,442
18,005
7,457
863,404
842,580
290,183
2,052
288,131
285,168
2,963
269,552
17,046
252,506
159,754
49,015
22,646
4,024
22,345
13,699
5,380
32,275
2,468
20,254
20,825
4,652
36,518
822,234
126,778

1,337,941

1,320,830

1,344,916

1,319,536

1,336,056

1,321,768

1,351,843

251,937
193,888
6,973
4,979
26,181
8,561
854
10,500
72,902
586,010
545,342
28,653
897
10,298
819
256,512
560
6,623
249,329
86,132

234,802
185,334
5,866
1,920
24,218
7,100
778
9,587
71,666
586,624
545,929
28,720
901
10,206
868
259,156
2,480
11,330
245,346
83,616

249,942
192,776
7,288
3,376
28,402
8,028
812
9,261
70,845
584,350
544,018
28,923
867
9,707
835
270,892
200
22,236
248,456
84,068

221,655
173,527
6,741
3,079
23,252
5,468
758
8,829
68,590
583,802
543,684
28,947
876
9,474
820
275,229
110
24,091
251,028
85,155

234,203
179,294
7,194
5,380
24,617
5,899
720
11,098
71,053
586,217
546,130
29,198
889
9,228
771
274,074
17,421
256,653
84,662

220,783
174,019
6,279
2,764
21,793
6,313
673
8,942
70,070
588,482
548,331
29,454
886
9,034
111
275,526
200
16,518
258,808
81,211

245,251
189,785
6,521
2,417
27,839
7,561
794
10,334
70,122
588,312
547,850
29,502
882
9,312
766
278,488
320
18,016
260,152
84,288

1,253,492

1,235,865

1,260,097

1,234,432

1,250,209

1,236,074

1,266,460

84,449

84,965

84,819

85,105

85,847

85,694

85,383

1,069,810
865,153
182,732
15,808
1,052
836
216
248,134

1,062,807
859,922
183,278
15,621
1,070
854
216
248,058

1,068,362
862,639
180,653
15,906
1,070
853
217
248,021

1,069,617
864,306
181,300
16,162
1,089
875
214
246,674

1,076,149
869,341
181,519
16,958
1,075
852
223
248,248

1,073,986
866,239
182,647
17,528
1,059
837
222
248,722

1,074,744
866,221
181,750
18,099
1,077
854
223
249,691

45

16. Assets and liabilities of all large weekly reporting commercial banks, 19881—Continued
Millions of dollars, Wednesday figures

Feb. 24

Account

Mar. 2

Mar. 9

Mar. 16

Mar. 23

Mar. 30

Apr. 6

97,486

104,783

92,036

108,134

98,602

101,447

104,243

1,094,236

1,103,005

1,101,440

1,101,959

1,097,249

1,100,637

1,114,427

3 U S Treasury and federal agency securities
4 Trading account
5 Investment account
6 Mortgage-backed securities2
All other, maturing in
7
One year or less
8
One through five years
9
Over five years
10 Other securities
11 Trading account
12 Investment account
13
States and political subdivisions, by maturity
14
One year or less
15
Over one year
16
Other bonds, corporate stocks, and securities
17 Other trading account assets

131,765
17,190
114,575
39,870

132,416
18,052
114,364
40,429

132,292
17,219
115,073
40,499

131,748
17,361
114,387
40,619

130,533
16,329
] 14,204
41,414

129,346
15,520
113,826
41,829

131,059
16,260
114,799
41,729

17,256
47,805
9,643
72,922
1,868
71,054
49,888
5,907
43,981
21,166
2,808

17,815
47,626
8,495
72,901
1,991
70,910
49,554
5,982
43,572
21,356
3,400

17,872
48,082
8,620
72,536
1,850
70,686
49,504
6,012
43,492
21,182
3,173

17,746
47,373
8,649
72,411
1,773
70,639
49,450
5,975
43,475
21,188
2,844

17,661
46,506
8,623
72,433
1,727
70,706
49,406
5,963
43,443
21,300
2,962

17,318
46,173
8,507
73,207
1,691
71,516
49,386
5,978
43,408
22,130
3,056

18,103
46,568
8,403
72,760
1,298
71,462
49,080
5,932
43,148
22,382
3,338

18 Federal funds sold3
19 To commercial banks
20 To nonbank brokers and dealers in securities
21 To others
22 Other loans and leases, gross
23 Other loans, gross
24
Commercial and industrial ....
25
Bankers acceptances and commercial paper
26
All other
27
U S addressees
28
Non-U.S. addressees
29
Real estate loans
30
Revolving, home equity
31
AH other
32
To individuals for personal expenditures
33
To depository and financial institutions
34
Commercial banks in the United States
35
Banks in foreign countries. . .
36
Nonbank depositories and other financial institutions
37
For purchasing and carrying securities
38
To finance agricultural production
39
To states and political subdivisions
40
To foreign governments and official institutions
41
All other
42 Lease financing receivables
43 LESS: Unearned income
44
Loan and lease reserve4
45 Other loans and leases, net
46 All other assets

68,180
43,121
18,430
6,629
859,702
838,868
289,156
2,018
287,139
284,289
2,849
269,584
17,044
252,540
159,829
48,204
22,941
3,996
21,267
12,868
5,337
32,270
2,478
19,140
20,834
4,668
36,472
818,561
122,593

71,242
44,453
19,519
7,269
864,226
843,380
292,096
2,230
289,866
287,124
2,742
270,219
17,114
253,105
159,782
49,035
22,809
4,516
21,710
12,819
5,407
32,135
2,414
19,473
20,846
4,699
36,481
823,047
125,534

71,562
46,457
17,726
7,378
863,089
842,243
291,053
2,365
288,688
286,072
2,616
270,606
17,183
253,423
159,623
48,093
22,755
3,758
21,580
13,838
5,448
32,034
2,371
19,178
20,846
4,756
36,455
821,878
128,090

70,289
45,312
18,417
6,560
865,875
844,992
291,891
2,392
289,499
286,940
2,558
271,404
17,260
254,145
159,821
48,842
23,296
3,535
22,011
13,655
5,471
32,015
2,427
19,465
20,883
4,769
36,440
824,666
128,843

68,876
42,246
18,602
8,028
863,833
842,882
290,750
2,338
288,412
285,869
2,542
271,811
17,334
254,478
160,002
48,221
22,595
4,124
21,502
13,454
5,468
31,999
2,392
18,784
20,951
4,774
36,614
822,445
126,260

68,763
41,878
18,240
8,645
867,693
846,663
292,905
2,444
290,461
287,908
2,553
272,328
17,428
254,900
160,314
47,782
22,561
3,500
21,721
14,193
5,437
31,844
2,268
19,592
21,030
4,840
36,588
826,266
125,105

74,284
48366
17,261
8,656
874,670
853,591
297,591
2,434
295,158
292,562
2,596
272,103
17,445
254,658
160,573
50,212
23,706
4,492
22,013
13,672
5,483
31,74fi
2,31«
19,893
2l,07«>
4,797
36,887
832,987
128,225

1,314,315

1,333,322

1,321,566

1,338,936

1,322,111

1,327,189

1,346,896

214,894
167,734
6,743
3,250
21,880
6,525
714
8,048
69,078
588,098
547,378
29,915
892
9,183
731
275,260
75
22,071
253,114
81,531

230,239
180,010
6,447
1,895
24,269
6,986
674
9,957
71,932
590,116
549,669
29,698
913
9,046
790
275,174
265
16,915
257,994
79,875

215,428
172,796
5,716
1,662
20,930
5,938
722
7,665
71,454
592,303
551,735
29,797
911
9,080
780
277,169
1,950
11,990
263,228
79,695

230,735
178,763
69445
3,988
23,636
6,600
650
10,652
71,343
593,130
552,652
29,722
928
9,059
769
278,429
2,775
19,154
256,499
79,870

214,738
157,990
6,378
2,889
22,178
6,463
605
8,234
70,550
592,904
552,513
29,612
941
9,092
746
2f?6,490
2,839
254,531
81,919

223,234
174,998
5,881
3,072
21,986
5,996
942
10,358
70,814
591,041
550,814
29,390
939
9,123
775
273,738
1,900
16,778
255,060
83,468

229,555
181,355
5,741
2,630
22,679
6,759
1,034
9,356
74,970
593,126
553,578
28,990
948
8,841
769
280,419
4,055
4,249
272,115
82,954

1,228,862

1,247,336

1,236,049

1,253,507

I,2a6,601

1,242,294

1,261,024

85,453

85,986

85,517

85,429

^5,510

84,895

85,872

1,069,315
861,820
182,270
17,705
1,111
888
223
248,680

1,076,922
868,206
182,419
17,893
1,538
1,049
490
250,346

1,073,440
865,439
182,906
18,191
1,530
1,040
490
251,621

1,074,560
867,555
182,973
18,190
1,554
1,056
498
252,051

1,0:>3,797
867,868
182,780
17,670
1,537
1,044
493
251,752

1,077,625
872,017
181,389
17,501
1,588
1,100
488
251,097

1,084,039
876,882
180,152;
18,245
1,556
1,094
462
254,1)25

1 Cash and balances due from depository institutions

. . . .

2 Total loans, leases, and securities, net

47 Total assets
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Demand deposits
Individuals, partnerships, and corporations
States and political subdivisions
U.S. government
Depository institutions in the United States
Banks in foreign countries
Foreign governments and official institutions
Certified and officers' checks
Deposits (ATS, NOW, Super NOW, and telephone transfers) . . .
Nontransaction balances
Individuals, partnerships, and corporations
States and political subdivisions
U S. government
Depository institutions in the United States
Foreign governments, official institutions and banks
Liabilities for borrowed money
Borrowings from Federal Reserve Banks
Treasury tax-and-loan notes
All other liabilities for borrowed money5
Other liabilities and subordinated notes and debentures

68 Total liabilities
69 Residual (total assets minus total liabilities)6
70
71
72
73
74
75
76
77

MEMO
Total loans and leases, gross, and investments adjusted7
Total loans and leases, gross, adjusted7
Time deposits in amounts of $100,000 or more
U.S. Treasury securities maturing in one year or less8
Loans sold outright to affiliates, total9
Commercial and industrial
Other
Nontransaction savings deposits (including MMDAs)

46



::9,ii9

16. Assets and liabilities of all large weekly reporting commercial banks, 19881—Continued
Millions of dollars, Wednesday figures

Apr. 13

Account

2 Total loans, leases, and securities, net

May 11

May 18

May 25

MEMO
Total loans and leases, gross, and investments adjusted7
Total loans and leases, gross, adjusted7
Time deposits in amounts of $100,000 or more
U S Treasury securities maturing in 9
one year or less**
Loans sold outright to affiliates, total
Commercial and industrial
Other
Nontransaction savings deposits (including MMDAs)

91,601

1,121,645

1,111,770

1,130,134

1,111,993

1,116,598

1,113,754

132,325
16,966
115,358
41,414

129,451
14,609
114,841
41,908

130,534
15,299
115,235
41,940

130,840
16,042
114,798
42,024

131,592
16,347
115,245
42,062

132,532
15,694
116,838
42,600

17,775
46,640
8,563
72,949
1,397
71,552
49,072
5,924
43,149
22,480
3,079

18,110
47,235
8,600
72,582
1,621
70,960
48,998
5,930
43,068
21,962
3,299

17,479
46,590
8,864
72,659
1,667
70,992
49,002
5,906
43,096
21,990
3,241

17,926
46,592
8,777
73,429
1,997
71,432
48,851
5,915
42,936
22,581
3,451

17,166
46,869
8,739
73,292
1,899
71,393
48,830
5,924
42,906
22,563
3,244

17,061
47,272
8,850
72,984
1,582
71,402
48,782
5,904
42,877
22,620
2,782

17,554
47,514
9,170
72,952
1,629
71,323
48,739
5,867
42,873
22,584
2,930

78,755
50,298
19,731
8,726
876,334
855,168
297,273
2,320
294,953
292,342
2,611
273,785
17,807
255,978
161,894
49,015
23,310
3,835
21,870
13,482
5,558
31,654
2,313
20,195
21,167
4,849
36,801
834,684
128,868

72,724
44,020
20,217
8,487
875,340
854,132
297,064
2,289
294,776
292,180
2,596
274,610
17,974
256,636
162,271
48,365
22,655
4,130
21,579
13,203
5,564
31,477
2,235
19,344
21,208
4,865
36,779
833,696
126,396

82,685
48,025
23,290
11,370
881,419
860,146
300,740
2,295
298,445
295,878
2,566
275,246
18,154
257,092
162,162
49,060
23,023
3,878
22,159
12,542
5,597
31,340
2,236
21,222
21,273
4,852
36,532
840,035
128,184

66,054
37,539
19,156
9,358
879,990
858,712
299,772
2,118
297,654
295,142
2,512
276,071
18,267
257,804
162,097
49,005
22,954
3,977
22,074
12,098
5,643
31,164
2,245
20,617
21,279
4,874
36,553
838,564
127,686

69,834
42,445
18,999
8,390
880,873
859,623
299,033
2,102
296,931
294,483
2,448
277,125
18,377
258,748
161,702
48,751
23,260
3,602
21,889
13,301
5,656
31,148
2,224
20,682
21,250
4,914
36,552
839,406
128,267

68,105
41,386
17,410
9,309
878,712
857,264
298,050
2,085
295,965
293,511
2,454
277,967
18,460
259,507
161,880
48,436
22,774
3,773
21,889
11,810
5,689
31,030
2,138
20,265
21,447
4,937
36,539
837,235
122,306

1,356,581

1,339,986

1,367,541

1,343,592

1,346,684

1,327,660

228,349
183,721
5,843
1,991
21,410
5,552
1,020
8,811
75,490
592,524
553,158
28,702
948
8,964
752
273,529
3,640
4,678
265,211
79,538

232,101
180,994
6,589
6,195
21,716
6,482
816
9,309
76,505
589,468
550,124
28,648
965
8,893
837
290,386
3,192
23,522
263,671
82,083

225,052
176,868
6,317
4,010
21,593
6,362
754
9,149
72,034
589,599
549,863
29,066
968
8,870
832
278,783
1,900
24,913
251,971
88,565

238,144
183,802
7,836
5,277
24,985
6,425
842
8,976
72,688
592,406
552,575
29,047
968
9,012
803
294,990
1,825
25,331
267,834
82,479

222,540
176,546
5,621
2,853
20,991
6,813
710
9,006
71,172
592,842
552,424
29,753
966
8,920
780
286,572
1,550
26,124
258,899
83,091

224,872
176,356
5,889
4,142
22,972
6,036
854
8,624
71,047
594,817
553,896
30,222
1,056
8,903
740
283,924
2,502
20,105
261,317
84,732

215,317
170,749
5,629
2,121
21,037
5,998
623
9,159
70,279
595,080
554,066
30,404
1,065
8,821
723
274,322
2,400
17,846
254,077
85,719

1,270,542

1,254,033

1,280,707

1,256,217

1,259,391

1,240,717

86,221

....

101,818

1,249,430

68 Total liabilities
69 Residua! (total assets minus total liabilities)6

103,912

1,335,650

48 Demand deposits
. ...
49 Individuals, partnerships, and corporations
50 States and political subdivisions . .
51 U S government
52 Depository institutions in the United States
53 Banks in foreign countries
54 Foreign governments and official institutions
55 Certified and officers' checks
56 Deposits (ATS, NOW, Super NOW, and telephone transfers) . . .
57 Nontransaction balances
58 Individuals partnerships and corporations
59 States and political subdivisions
60 U S government
61 Depository institutions in the United States
62 Foreign governments, official institutions, and banks
63 Liabilities for borrowed money
64 Borrowings from Federal Reserve Banks
....
65 Treasury tax-and-loan notes
5
66 All other liabilities for borrowed money
67 Other liabilities and subordinated notes and debentures

109,223

67,243
39,466
19,058
8,719
871,497
850,405
295,758
2,356
293,402
290,772
2,630
273,081
17,557
255,524
161,149
48,832
23,197
3,594
22,040
13,073
5,572
31,657
2,210
19,073
21,092
4,830
36,816
829,850
127,198

...

Federal funds sold3
To commercial banks
To nonbank brokers and dealers in securities
To others
Other loans and leases gross
Other loans, gross
Commercial and industrial
Bankers acceptances and commercial paper
All other
U S. addressees
Non-U.S. addressees
Real estate loans
Revolving, home equity
All other
To individuals for personal expenditures
To depository and financial institutions
Commercial banks in the United States
Banks in foreign countries. . . .
Nonbank depositories and other financial institutions
For purchasing and carrying securities
To finance agricultural production
To states and political subdivisions
To foreign governments and official institutions
All other
Lease financing receivables
LESS* Unearned income
Loan and lease reserve4
Other loans and leases, net
All other assets




May 4

101,819

130,927
16,296
114,631
41,680

47 Total assets

70
71
72
73
74
75
76
77

Apr. 27

106,068

1,104,047

,

3 U S Treasury und federal agency securities
4 Trading account
5 Investment account
6 Mortgage-backed securities2
All other, maturing in
7
One year or less
8
One through five years
9
Over five years .
10 Other securities
11 Trading account
12 Investment account
13
States and political subdivisions by maturity
14
One year or less .
15
Over one year
16
Other bonds corporate stocks and securities
17 Other trading account assets
.
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46

Apr. 20

104,405

1 Cash and balances due from depository institutions

86,038

85,953

86,834

87,375

87,293

86,943

1,083,031
876,077
178,689
17,332
1,556
1,095
461
254,274

1,089,687
881,481
178,715
18,188
1,450
990
460
250,807

1,086,740
881,389
179,861
16,684
1,538
1,069
469
249,577

1,100,470
893,056
181,253
17,158
1,494
1,026
468
250,744

1,092,927
885,551
181,591
17,093
1,502
1,034
468
250,631

1,092,360
885,002
181,770
16,132
1,525
1,064
460
252,311

1,091,070
882,656
182,076
17,222
1,534
1,088
447
252,098

47

16. Assets and liabilities of all large weekly reporting commercial banks, 19881—Continued
Millions of dollars, Wednesday figures
Account

June 1

June 8

June 15

June 22

1 une 29

July 6

July 13

133,330

103,386

122,964

100,100

107,846

117,723

1 10,366

1,138,987

1,123,272

1,144,342

1,124,615

1,128,676

1,126,743

1,124,609

3 U S Treasury and federal agency securities
4 Trading account
5 Investment account
6 Mortgage-backed securities^
All other, maturing in
7
One year or less
8
One through five years
9
Over five years
10 Other securities
11 Trading account
12 Investment account
13
States and political subdivisions, by maturity .
14
One year or less
15
Over one year . . .
16
Other bonds, corporate stocks, and securities
17 Other trading account assets

131,995
16,321
115,674
42,214

133,952
18,854
115,099
42,249

134,722
21,236
113,486
41,705

131,554
18,002
113,552
42,277

130,012
16,582
113,430
42,095

129,182
16,937
112,245
41,995

129,338
16,386
112,952
42,020

17,427
46,865
9,168
73,775
1,706
72,069
48,531
5,660
42,871
23,538
3,254

16,879
46,808
9,163
73,326
1,644
71,682
48,275
5,632
42,642
23,407
2,932

16,717
45,868
9,196
73,419
1,917
71,502
48,212
5,590
42,622
23,290
3,380

16,474
45,663
9,137
72,857
1,675
71,182
48,138
5,540
42,598
23,044
3,233

17,019
45,012
9,303
73,148
1,924
71,224
47,996
5,348
42,648
23,227
3,518

17,200
43,846
9,203
72,736
1,773
70,963
47,353
5,209
42,144
23,610
3,562

17,194
44,518
9,219
72,802
1,678
71,124
47,377
5,177
42,200
23,747
3,294

18 Federal funds sold3
19 To commercial banks
20 To nonbank brokers and dealers in securities .
21 To others
.
22 Other loans and leases, gross ... .
23 Other loans, gross
24
Commercial and industrial
25
Bankers acceptances and commercial paper
26
All other
27
U.S. addressees
28
Non-U.S. addressees
29
Real estate loans
30
Revolving home equity
31
All other
32
To individuals for personal expenditures
33
To depository and financial institutions...
34
Commercial banks in the United States
35
Banks in foreign countries
36
Nonbank depositories and other financial institutions
37
For purchasing and carrying securities
38
To finance agricultural production
39
To states and political subdivisions
40
To foreign governments and official institutions
41
All other
42 Lease financing receivables
43 LESS: Unearned income
44
Loan and lease reserve4
45 Other loans and leases, net
46 All other assets

85,346
52,608
21,695
11,044
886,018
864,521
298,431
2,229
296,202
293,686
2,516
278,232
18,536
259,697
162,409
49,954
23,189
4,057
22,708
13,867
5,737
31,043
2,322
22,524
21,497
4,901
36,500
844,617
126,470

71,924
42,943
18,689
10,292
882,495
860,715
299,135
2,202
296,932
294,408
2,524
278,666
18,654
260,012
162,478
49,243
23,270
3,831
22,142
11,674
5,758
30,934
2,037
20,790
21,780
4,916
36,442
841,137
122,457

86,870
53,762
22,456
10,651
887,254
865,410
299,710
2,080
297,631
295,161
2,470
279,722
18,786
260,936
162,492
48,782
22,716
4,074
21,993
13,912
5,616
30,874
2,168
22,134
21,844
4,918
36,384
845,952
127,254

70,770
42,184
19,610
8,976
887,519
865,589
299,484
2,108
297,377
294,920
2,457
280,585
18,915
261,670
162,376
49,465
23,415
4,200
21,850
12,984
5,669
30,830
2,065
22,131
21,929
4,941
36,376
846,201
123,042

74,587
47,640
18,253
8,694
888,357
866,234
299,250
2,154
297,096
294,659
2,437
282,152
19,048
263,103
162,124
48,368
22,356
3,782
22,230
14,013
5,701
30,833
2,105
21,688
22,123
4,890
36,056
347,411
128,176

68,552
43,878
16,846
7,829
893,279
871,018
300,730
2,176
298,554
296,119
2,435
282,334
19,061
263,273
162,313
50,662
22,452
5,264
22,946
13,732
5,743
30,412
2,125
22,966
22,261
4,826
35,742
852,710
128,152

71,386
45,389
17,720
8,276
888,261
863,783
297,488
1,990
295,497
293,059
2,438
283,648
19,174
264,474
162,466
49,771
22,800
4,666
22,306
12,711
30,384
2,098
21,4(K)
22,477
4,8.11
35,641
847,788
122,673

1,398,788

1,349,116

1,394,561

1,347,757

1,364,698

1,372,618

1,357,648

268,132
205,814
7,331
1,536
32,134
7,719
892
12,705
73,306
596,673
555,887
30,217
1,070
8,778
719
287,712
2,550
13,580
271,582
84,880

226,442
179,464
5,336
3,153
21,740
6,283
732
9,733
73,295
598,330
557,399
30,407
1,058
8,744
720
277,655
2,900
3,066
271,689
84,600

263,474
198,002
7,023
15,723
26,088
6,225
111
9,635
73,605
599,699
558,833
30,399
1,065
8,633
768
283,707
3,853
3,056
276,797
85,698

222,216
175,702
6,463
2,785
20,940
6,988
687
8,650
71,019
601,299
560,675
30,074
1,073
8,679
798
282,426
1,800
26,044
254,583
82,502

232,589
182,450
5,965
3,008
22,443
7,175
1,090
10,458
70,742
599,605
559,582
29,295
1,080
8,847
801
287,788
1,675
25,580
260,533
85,531

255,559
198,275
5,886
4,312
27,173
8,449
886
10,577
74,449
601,698
563,286
27,920
1,041
8,629
821
269,316
2,600
7,653
259,063
82,771

229,764
184,990
5,440
1,300
21,076
6,554
640
9,762
72,863
603,013
564,086
28,247
1,050
8,826
804
277,480
8,732
12,241
256,507
85,039

1,310,702

1,260,322

1,306,184

1,259,462

1»:!76,256

1,283,794

1,268,1*9

88,085

88,794

88,377

88,295

88,442

88,825

89,489

1,104,592
895,567
180,272
16,724
1,474
1,027
447
255,298

1,098,418
888,207
182,099
17,354
1,468
1,018
449
254,681

1,109,166
897,645
182,463
16,684
1,403
953
450
255,326

1,100,333
892,689
184,452
15,741
1,441
989
452
254,438

1,099,626
S92,948
183,061
16,482
1,522
1,068
454
:!53,695

1,100,982
895,501
182,538
16,626
1,509
1,054
455
255,762

1,096,892
891,457
183,787
15,962
1,486
1,031
455
255,308

1 Cash and balances due from depository institutions
2 Total loans, leases, and securities, net

47 Total assets
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Demand deposits
Individuals partnerships and corporations
States and political subdivisions
U.S. government..
Depository institutions in the United States
Banks in foreign countries
Foreign governments and official institutions
Certified and officers* checks
Deposits (ATS, NOW, Super NOW, and telephone transfers) . . .
Nontransaction balances .
Individuals, partnerships, and corporations
States and political subdivisions
U.S. government
Depository institutions in the United States
Foreign governments, official institutions, and banks
Liabilities for borrowed money
Borrowings from Federal Reserve Banks
Treasury tax-and-loan notes
All other liabilities for borrowed money5
Other liabilities and subordinated notes and debentures ... .

68 Total liabilities
69 Residual (total assets minus total liabilities)
70
71
72
73
74
75
76
77

6

MEMO
Total loans and leases, gross, and investments adjusted7
Total loans and leases, gross, adjusted7
Time deposits in amounts of $100,000 or more .
U.S. Treasury securities maturing in 9
one year or less8
Loans sold outright to affiliates total
Commercial and industrial
Other
Nontransaction savings deposits (including MMDAs)

48



3,7:>7

16. Assets and liabilities of all large weekly reporting commercial banks, 19881—Continued
Millions of dollars, Wednesday figures
July 20

Account
1 Cash and balances due from depository institutions

July 27

Aug. 3

Aug. 10

Aug. 17

Aug. 24

Aug. 31

104,919

102,999

105,368

96,911

105,591

96,650

106,636

1,126,170

1,127,734

1,130,109

1,134,807

1,133,713

1,129,007

1,132,174

3 U.S. Treasury and federal agency securities
4 Trading account
5 Investment account
6 Mortgage -backed securities2
All other, maturing in
7
One year or less
8
One through five years
9
Over five years
10 Other securities .
1 1 Trading account
12 Investment account
;
13
States and political subdivisions by maturity
14
One year or less
15
Over one year
16
Other bonds, corporate stocks, and securities
17 Other trading account assets

130,636
17,238
113,398
42,293

130,881
17,545
113,336
42,154

130,029
16,405
113,624
42,621

129,392
16,073
113,319
42,635

131,480
17,956
113,524
42,685

130,697
16,528
114,169
43,653

130,917
16,883
114,034
43,493

17,144
45,120
8,841
72,714
1,574
71,139
47,429
5,143
42,286
23,710
3,525

17,379
44,821
8,982
72,953
1,851
71,102
47,474
5,161
42,313
23,628
4,459

18,344
44,017
8,642
73,011
1,879
71,132
47,271
5,333
41,938
23,861
4,576

17,835
44,182
8,668
72,808
1,736
71,072
47,280
5,328
41,952
23,792
4,593

18,147
43,739
8,954
72,776
1,862
70,913
47,198
5,326
41,873
23,715
4,265

18,196
43,446
8,878
72,188
1,662
70,526
46,950
5,347
41,603
23,576
3,937

18,647
42,843
9,051
72,672
1,722
70,949
46,889
5,432
41,458
24,060
4,068

18 Federal funds sold3
.
. .
19 To commercial banks
20 To nonbank brokers and dealers in securities
21 To others
22 Other loans and leases, gross
23 Other loans gross
24
Commercial and industrial
25
Bankers ttcceptances and commercial paper
26
All other
27
U.S. addressees
28
Non-U S addressees
29
Real estate Joans
30
Revolving home equity
31
All other ,
32
To individuals for personal expenditures
33
To depository and financial institutions
34
Commercial banks in the United States
35
Banks in foreign countries
36
Nonbank depositories and other financial institutions
37
For purchasing and carrying securities
38
To finance agricultural production
39
To states and political subdivisions
40
To foreign governments and official institutions
41
All other
42 Lease financing receivables
43 LESS i Unearned income
44
Loan and lease reserve4
45 Other loans and leases net
46 All other assets

70,514
43,963
18,065
8,486
889,340
866,746
298,240
1,996
296,244
293,807
2,436
283,814
19,263
264,552
162,782
50,072
23,429
4,668
21,974
12,057
5,677
30,234
2,121
21,749
22,595
4,847
35,712
848,781
124,506

71,724
44,499
18,185
9,040
888,189
865,617
298,073
2,005
296,068
293,518
2,549
284,545
19,359
265,185
162,140
49,325
23,471
4,102
21,753
12,227
5,621
30,351
2,019
21,316
22,572
4,878
35,593
847,717
123,024

71,639
42,975
19,698
8,966
891,333
868,780
298,737
2,010
296,727
294,333
2,394
285,132
19,488
265,645
162,149
50,720
24,584
4,004
22,132
12,307
5,619
30,177
2,219
21,720
22,553
4,816
35,664
850,853
124,828

76,283
46,878
19,468
9,936
892,324
869,908
299,087
1,984
297,104
294,726
2,378
286,364
19,608
266,756
162,432
50,414
23,449
4,519
22,446
12,358
5,593
30,048
2,018
21,593
22,416
4,851
35,742
851,731
124,269

72,578
44,809
18,037
9,732
893,222
870,720
296,872
2,007
294,865
292,540
2,324
287,767
19,748
268,020
162,942
50,865
23,992
4,564
22,309
12,761
5,617
30,065
2,013
21,816
22,502
4,874
35,735
852,614
121,624

70,114
45,317
16,329
8,467
892,599
870,033
295,587
1,868
293,718
291,385
2,333
288,437
19,850
268,587
163,386
51,128
24,720
4,805
21,602
12,581
5,630
29,993
2,282
21,009
22,566
4,880
35,649
852,070
121,006

69,329
42,644
18,070
8,615
895,826
873,276
295,528
1,896
293,632
291,250
2,382
289,214
19,994
269,220
164,060
50,605
24,395
4,288
21,921
13,823
5,656
30,015
2,232
22,142
22,550
4,871
35,768
855,188
123,980

1,355,596

1,353,758

1,360,305

1,355,987

1,360,928

1,346,664

1,362,790

228,249
180,547
5,965
4,226
21,549
6,627
980
8,354
72,364
602,841
563,874
28,436
1,043
8,662
826
274,266
2,625
14,708
256,933
88,467

226,231
177,486
6,155
2,898
22,600
6,988
856
9,246
71,614
604,198
564,618
28,822
1,064
8,860
833
273,632
2,815
16,059
254,757
89,054

231,795
180,997
6,589
5,141
23,121
6,246
801
8,899
74,354
605,876
566,364
29,039
1,057
8,600
816
267,506
2,314
4,344
260,848
90,059

220,861
176,418
5,481
2,687
20,920
6,377
700
8,278
73,376
607,036
567,335
29,102
1,060
8,719
821
272,716
2,450
2,580
267,685
91,057

229,865
183,536
5,780
1,549
22,312
7,031
786
8,869
72,949
607,137
567,132
29,510
1,007
8,650
838
268,504
2,725
5,048
260,731
91,444

215,607
170,232
5,878
3,091
20,984
6,130
791
8,501
71,959
608,571
568,141
29,876
985
8,751
818
266,046
2,663
5,855
257,528
93,129

229,455
184,039
6,157
1,656
21,794
7,169
695
7,945
73,526
610,014
569,542
29,842
987
8,797
846
264,305
2,600
6,750
254,954
93,795

1,266,187

1,264,728

1,269,590

1,265,046

1,269,900

1,255,313

1,271,095

89,409

89,029

90,716

90,942

91,028

91,351

91,694

1,099,337
892,462
184,122
16,653
1,476
1,020
456
254,366

1,100,236
891,943
186,219
17,214
1,424
968
456
253,354

1,103,029
895,413
186,733
17,244
1,373
918
454
254,354

1,105,073
898,280
188,183
17,087
1,387
933
454
253,958

1,105,520
896,999
188,284
18,438
1,413
965
448
253,552

1,099,498
892,675
189,732
17,698
1,245
798
448
252,534

1,105,772
898,116
190,858
19,370
1,289
843
446
252,262

2 Total loans, leases, and securities, net

47 Total assets . .
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Demand deposits .
Individuals purtnerships and corporations
States and political subdivisions
U.S. government
Depository institutions in the United States
Banks in foreign countries
Foreign governments and official institutions
Certified and officers' checks
Deposits (ATS, NOW, Super NOW, and telephone transfers) . . .
Non transaction balances
Individuals, purtnerships and corporations .
States and political subdivisions ...
U S government
Depository institutions in the United States
Foreign governments official institutions and banks
Liabilities for borrowed money . .
Borrowings from Federal Reserve Banks
Treasury tax-and-loan notes
All other liabilities for borrowed money5
Other liabilities and subordinated notes and debentures

68 Total liabilities .
6

69 Residual (total assets minus total liabilities)
70
71
72
73
74
75
76
77

MEMO
Total loans and leases, gross, and investments adjusted7
Total loans and leases gross adjusted7
Time deposits in amounts of $100,000 or more
U.S. Treasury securities maturing in 9
one year or less8
Loans sold outright to affiliates total
Commercial and industrial
Other
Nontransaction savings deposits (including MMDAs)




49

16. Assets and liabilities of all large weekly reporting commercial banks, 19881—Continued
Millions of dollars, Wednesday figures

. . .

....

18 Federal funds sold3
19 To commercial banks
20 To nonbank brokers and dealers in securities
21 To others
22 Other loans and leases, gross
23 Other loans, gross
24
Commercial and industrial
25
Bankers acceptances and commercial paper
26
All other
27
U.S. addressees
28
Non-U S addressees
29
Real estate loans
30
Revolving, home equity
31
All other
32
To individuals for personal expenditures
33
To depository and financial institutions
34
Commercial banks in the United States
35
Banks in foreign countries
36
Nonbank depositories and other financial institutions
37
For purchasing and carrying securities
38
To finance agricultural production
39
To states and political subdivisions
40
To foreign governments and official institutions
41
All other
42 Lease financing receivables
43 LESS: Unearned income
44
Loan and lease reserve4
45 Other loans and leases, net
46 All other assets
47 Total assets

...

Demand deposits
Individuals, partnerships, and corporations
States and political subdivisions
U.S government
Depository institutions in the United States
Banks in foreign countries . .
Foreign governments and official institutions
Certified and officers* checks
Deposits (ATS, NOW, Super NOW, and telephone transfers) . . .
Nontransaction balances
Individuals, partnerships, and corporations
States and political subdivisions
U.S government
. .
Depository institutions in the United States
Foreign governments, official institutions, and banks
Liabilities for borrowed money
Borrowings from Federal Reserve Banks
Treasury tax-and-loan notes
All other liabilities for borrowed money5
Other liabilities and subordinated notes and debentures

68 Total liabilities

70
71
72
73
74
75
76
77

6

MEMO
Total loans and leases, gross, and investments adjusted7
Total loans and leases, gross, adjusted7
Time deposits in amounts of $100 000 or more
U.S. Treasury securities maturing in one year or less**
Loans sold outright to affiliates total^
Commercial and industrial
Other
Nontransaction savings deposits (including MMDAs)

50



Sept. :18

107,373

103,524

105,055

119,363

1,126,514

1,132,186

1,126,826

1,137,727

1,132,811

132,232
17,366
114,866
43,992

132,409
17,850
114,559
43,944

131,852
18,144
113,708
43,743

131,538
16,575
11<962
43,979

132,086
17,394
114,693
44,239

132,637
18,409
114,228
44,211

18,945
42,508
9,422
72,293
1,455
70,839
46,732
5,470
41,262
24,107
3,963

18,935
42,404
9,276
72,331
1,480
70,851
46,704
5,476
41,228
24,147
3,203

19,017
41,744
9,204
72,221
1,499
70,722
46,581
5,463
41,117
24,142
2,864

19J6G
4^372
9,451
72,655
1,835
70,820
46,563
5.454
41,109
24,257
39271

19,016
41,664
9,773
72,863
1,736
71,127
46,293
5,454
40,839
24,834
3,346

19,032
41,403
9,582
72,879
1,564
71,315
46,236
5,47!)
40,767
25,07')
3,502

73,364
46,562
16,906
9,897
893,756
871,047
295,467
1,999
293,468
291,052
2,416
289,017
20,082
268,935
163,993
50,239
23,388
4,458
22,392
12,685
5,554
29,883
2,192
22,016
22,708
4,894
35,777
853,084
125,158

66,653
42,452
15,039
9,163
892,543
869,744
295,266
1,824
293,442
291,086
2,355
290,117
20,227
269,890
164,572
48,409
22,345
3,877
22,187
12,842
5,582
29,818
2,097
21,041
22,799
4,924
35,701
851,917
128,393

72,747
48,384
15,158
9,205
893,109
870,288
295,946
1,774
294,172
291,847
2,325
291,038
20,373
270,664
164,913
46,902
20,836
4,248
21,819
12,664
5,614
29,812
2,188
21,210
22,821
4,942
35,664
852,502
128,315

68,393
45,909
13,792
8,692
891,515
868,637
295,230
1,710
293,520
291,232
2,318
291,1)6
20,459
270,807
165,174
45,310
20,125
3,8iO
21,305
12,901
5,5:56
29,774
2,251
21,124
22,878
4,949
35,597
850,9i59
127,272

73,973
50,117
15,068
8,788
895,721
872,608
297,337
1,660
295,677
293,430
2,247
293,530
20,612
272,917
164,544
45,859
20,470
3,984
21,404
12,729
5,635
29,545
2,267
21,161
23,114
4,891
35,372
855,458
133,542

67,251
42,933
16,081
8,238
896,548
873,392
297,122
1,680
295,442
293,225
2,217
294,065
20,700
273,364
163,844
47,556
21,282
4,915
21,359
12,637
5,608
29,4711
2,203
20,883
23,156
4,902
35,105
856,540
133,273

1,371,689

1,363,779

1,367,874

1,357,622

1,376,324

1,385,452

235,439
185,393
6,078
1,501
25,346
7,722
651
8,749
75,335
612,024
571,748
29,899
890
8,661
825
270,360
2,450
5,938
261,972
86,762

228,659
183,161
5,813
3,514
21,418
6,037
690
8,026
73,847
613,286
572,917
29,959
884
8,675
851
266,670
2,350
9,084
255,236
89,034

215,983
172,528
6,345
1,586
19,902
6,637
702
8,283
71,478
612,152
572,182
29,607
883
8,625
855
287,474
5,731
25,603
256,141
88,403

221,474
174,232
5,773
2,070
20,712
6,377
709
11,599
70,194
612,061
572,138
29,862
888
8,3:15
8!»8
271,932
2,0(30
25,739
244,193
90,006

232,161
181,931
5,975
5,154
23,136
6,111
868
8,985
73,875
616,764
576,537
30,408
854
8,114
851
278,345
4,130
13,956
260,259
83,642

237,977
189,079
5,287
1,776
25,389
6,905
581
8,959
73,301
617,856
577,548
30,539
872
8,049
'847
279,976
1,750
16,856
261,370
83,941

1,279,920

3 U S. Treasury and federal agency securities
4 Trading account
5 Investment account
6 Mortgage -backed securities^
All other, maturing in
7
One year or less
.
8
One through five years .
9
Over five years
..
10 Other securities
11 Trading account
...
12 Investment account
13
States and political subdivisions by maturity
14
One year or less
15
Over one year
16
Other bonds, corporate stocks, and securities
17 Other trading account assets . .

69 Residual (total assets minus total liabilities)

Sept. 21

108,872

1,134,938

2 Total loans, leases, and securities, net

48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Oct. 12

Sept. 14

111,593

1,271,496

1,275,490

1,265,666

1,284,787

1,293,050

91,768

92,284

92,384

91,936

91,536

92,401

1,105,659
897,170
191,318
19,757
1,442
996
446
253,029

1,102,343
894,400
192,503
19,788
1,339
893
446
251,901

1,103,573
896,636
193,140
20,143
1,307
866
441
249,581

1,101,337
893,874
192,7^6
18,964
1,386
9*6

1,107,402
899,106
194,444
19,194
1,303
879
424
251,213

1,108,604
899,585
193,892
18,989
1,304
879
426
252,386

Sept. 7

Account
1 Cash and balances due from depository institutions

4a

248,933

Oct. 5

16. Assets and liabilities of all large weekly reporting commercial banks, 19881—Continued
Millions of dollars, Wednesday figures
Account

Oct. 19

1 Cash and balances due from depository institutions
2 Total loans, leases, and securities, net .

Oct. 26

Nov. 16

Nov. 23

106,317

99656

114 574

102 319

116 844

103 796

Nov. 2

Nov. 9

1,140,396

1,134,595

1,152,016

1,139,978

1,150,828

1,142,873

3 U S Treasury ;ind federal agency securities
4 Trading account
5 Investment account
6 Mortgage-backed securities2
All other, maturing in
7
One year or less
8
One through five years
9
Over five years
10 Other securities
11 Trading account
12 Investment account
13
States and political subdivisions, by maturity
14
One year or less
15
Over one year
16
Other bonds, corporate stocks, and securities
17 Other trading account assets

132,746
18,659
114 087
44,517

134300
20,102
114 198
44,723

132 692
19 154
113 538
44 887

132 303
18564
113 739
44919

134 669
20,924
113 745
44,934

134 902
19782
115 120
45 585

19,041
41,072
9 457
72,842
1,597
71,245
46,104
5 422
40,682
25,140
3 633

18 979
41,021
9 475
72,845
1,521
71 324
46,101
5 388
40713
25,223
3 544

19 430
40,211
9 010
72,840
1,337
71 503
45,763
5 264
40 499
25,740
3 985

19547
40243
9 029
72 784
1,337
71 447
45 679
5 264
40 414
25 768
3 738

20 146
39,853
8 811
72,832
1,448
71 384
45,528
5 139
40,389
25,856
3 928

20433
40,278
8 824
72983
1,645
71 338
45,447
5 089
40358
25,891
3 842

18 Federal funds sold3
19 To commercial banks .
20 To nonbank brokers and dealers in securities
21 To others ....
22 Other loans and leases, gross
23 Other loans gross
24
Commercial and industrial
25
Bankers acceptances and commercial paper
26
All other
27
U S addressees
28
Non-U.S. addressees
. .
29
Real estate loans
30
Revolving, home equity
.
31
All other
32
To individuals for personal expenditures
33
To depository and financial institutions
34
Commercial banks in the United States
35
Banks in foreign countries
36
Nonbank depositories and other financial institutions
37
For purchasing and carrying securities
38
To finance agricultural production
39
To states and political subdivisions
40
To foreign governments and official institutions
41
All other . „
42 Lease financing receivables
43 LESS: Unearned income
44
Loan and lease reserve4
45 Other loans and leases, net
46 All other assets

71 754
46,026
16,737
8,991
899,385
876 211
297,056
1 681
295,376
293 153
2,222
295 422
20,820
274,602
163,838
47,224
21 822
4,006
21,396
14,210
5 608
29,411
2 155
21,285
23 174
4,866
35 098
859,421
130 412

69 095
44 104
16,030
8 961
894,810
871 626
295,998
1 731
294,267
292 992
2275
295 240
20898
274,342
164 092
46,752
22 080
3,703
20,969
13,008
5 589
29,293
2 162
19,492
23 183
4,870
35 129
854,810
130 269

78 740
50 809
18,313
9 617
903,758
880 534
299,373
1 845
297,528
295 271
2258
295 297
21 072
274,225
164 952
48,356
22 728
3,795
21,833
14,389
5 580
29,028
2 147
21 411
23 224
4,842
35 157
863,759
131 432

68 841
42385
16,832
9 623
902,325
879 077
299 281
1 786
297 494
295 300
2 194
296 301
21 152
275,148
164 843
48,937
23 071
4,360
21,506
13 106
5 534
28792
2093
20 191
23 248
4,877
35 136
862,312
129 584

71 955
48,484
14,537
8 934
907,504
884 182
299,249
1 840
297,409
295 150
2,259
297 058
21,268
275,790
165,297
50,390
24,067
4,567
21,756
14,133
5 517
28,728
2 148
21,662
23 322
4,869
35 191
867,444
130,500

66 424
42 436
14,797
9 191
905,500
882 163
298,884
1 854
297,030
294 799
2,230
297 318
21,347
275,971
165,470
48,626
22,930
4,474
21,221
14,562
5 510
28,876
2 114
20,804
23 338
4,871
35 908
864,721
129 545

1,377,125

1,364,520

1,398,022

1,371,882

1,398,172

1,376,214

235 558
185,621
6580
1,688
23 179
5,786
741
11,963
74,006
620 455
581 069
30,007
855
7 668
856
286,442
2,160
16 174
268 108
89 286

217 588
175,579
5 274
1,518
19 587
6,637
663
8 330
73,605
623 481
583 887
30,213
942
7 596
843
275,200
2700
7 553
264 946
89 199

241,782
190,346
6,419
3,254
25,398
6,754
888
8,722
73,698
623 268
583 645
30,307
953
7 535
827
277,148
3,000
3,510
270,638
89 074

225,451
180,569
5,934
3,182
19,594
7,042
918
8,213
72,917
622 587
582 787
30,349
943
7 711
796
272,527
1,200
13 425
257 902
89 077

47 Total assets
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Demand deposits . .
Individuals, partnerships, and corporations
States and political subdivisions
U.S. government
Depository institutions in the United States
Banks in foreign countries
Foreign governments and official institutions
Certified and officers* checks
Deposits (ATS, NOW, Super NOW, and telephone transfers) . . .
Non transaction balances
Individuals partnerships and corporations
States and political subdivisions
U.S. government
Depository institutions in the United States
Foreign governments official institutions and banks
Liabilities for borrowed money
Borrowings from Federal Reserve Banks
Treasury tax-and-loan notes
All other liabilities for borrowed money5
Other liabilities and subordinated notes and debentures

68 Total liabilities

.

.

69 Residual (total assets minus total liabilities)6
70
71
72
73
74
75
76
77

MEMO
Total loans and leases gross and investments adjusted7
Total loans and leases, gross, adjusted7
Time deposits in amounts of $100 000 or more
U S Treasury securities maturing in one year or less8
Loans sold outright to affiliates, total9
Commercial and industrial
Other
.
Nontransaction savings deposits (including MMDAs)




223,655
177,134
5 656
4,139
21 710
6,500
688
7,827
72,453
617 055
577 071
30,394
885
7 854
851
283,464
2,865
18 482
262 117
88 338

215 524
172,596
5 574
2,610
20 264
5,868
629
7,983
71,308
616 575
576 528
30,540
896
7 729
883
279,980
1 500
22464
256 016
88 995

1,284,965

1,272,382

1,305,747

1,279,073

1,305,601

1,282,558

92 160

92 138

92 275

92 809

92571

93 656

1 112 512
903,291
194,232
19216
1,291
866
426
250 816

1 108 411
897,721
194 498
19 690
1,367
953
414
249 650

1 118 478
908,961
194 053
19 618
1,401
987
414
253 371

1 114 535
905,710
194 631
19 077
1,380
966
414
255 013

1,118 338
906,908
194,107
21,194
1,303
924
379
254 856

1 118 286
906,558
194,807
21 048
1,342
968
374
253 029

51

16. Assets and liabilities of all large weekly reporting commercial banks, 19881—Continued
Millions of dollars, Wednesday figures
Account
1 Cash and balances due from depository institutions
2 Total loans, leases, and securities net
3 U.S. Treasury and federal agency securities
4 Trading account
5 Investment account ...
6 Mortgage-backed securities2
All other, maturing in
7
One year or less
8
One through five years
9
Over five years
10 Other securities
...
11 Trading account
12 Investment account
13
States and political subdivisions by maturity
14
One year or less
15
Over one year ....
16
Other bonds, corporate stocks, and securities
17 Other trading account assets
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46

Federal funds sold3
To commercial banks .
To nonbank brokers and dealers in securities
To others
Other loans and leases, gross
Other loans gross
Commercial and industrial
Bankers acceptances and commercial paper
All other
U S addressees
Non-U.S. addressees
Real estate loans
Revolving, home equity
All other
To individuals for personal expenditures
To depository and financial institutions
Commercial banks in the United States
Banks in foreign countries
Nonbank depositories and other financial institutions
For purchasing and carrying securities
To finance agricultural production
To states and political subdivisions
. . .
To foreign governments and official institutions
All other
Lease financing receivables
LESS: Unearned income .
.
Loan and lease reserve4
Other loans and leases, net
All other assets

47 Total assets
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67

Demand deposits . .
Individuals, partnerships, and corporations
States and political subdivisions
U.S. government
Depository institutions in the United States
Banks in foreign countries
Foreign governments and official institutions
Certified and officers' checks
Deposits (ATS, NOW, Super NOW, and telephone transfers) . . .
Nontransaction balances
Individuals, partnerships and corporations
States and political subdivisions
U.S. government
Depository institutions in the United States
Foreign governments, official institutions, and banks
Liabilities for borrowed money
Borrowings from Federal Reserve Banks
Treasury tax-and-loan notes
All other liabilities for borrowed money5
Other liabilities and subordinated notes and debentures

68 Total liabilities
69 Residual (total assets minus total liabilities)6
70
71
72
73
74
75
76
77

MEMO
Total loans and leases gross and investments adjusted7
Total loans and leases gross adjusted7
Time deposits in amounts of $100,000 or more
U.S. Treasury securities maturing in 9
one year or less**
Loans sold outright to affiliates total
Commercial and industrial
Other
Nontransaction savings deposits (including MMDAs)

52



Nov. 30

Dec. 7

Dec. 14

Dec. 21

Dec. 2B

Adjustment
bank10

117,657

107,955

112,059

106,572

124,283

2,328

1,157,729

1,150,078

1,150,534

1,157,546

1,154,162

20,658

135,859
19,630
116,229
46,355

135,819
18,822
116,997
46,599

133,576
16,721
116,855
46,466

132,i44
16,245
116,599
46.279

128,633
14,186
114,447
46,670

2,108
342
2,450
688

20,931
40,194
8,749
73,297
1,698
71,598
45,456
5,108
40,348
26,142
3,705

21,391
40,213
8,794
72,490
1,623
70,867
44,988
4,829
40,159
25,879
3,898

21,326
40,091
8,971
72,173
1,552
70,620
44,811
4,806
40,005
25,809
3,412

21,367
39,629
9,2-24
72,167
1,682
70,485
44,717
4,927
39,590
25,/68
3,407

20,428
39,337
8,011
72,173
1,717
70,456
44,668
4,746
39,922
25,788
3,592

436
1,186
140
880
-85
965
793
92
700
172
-=8

76,096
51,082
15,593
9,420
909,402
886,030
300,222
1,875
298,347
296,093
2,254
297,989
21,432
276,557
165,326
49,107
22,666
4,679
21,761
15,420
5,495
28,792
2,042
21,636
23,372
4,845
35,785
868,772
131,065

72,375
45,665
17,182
9,528
906,165
882,597
299,594
1,785
297,808
295,581
2,227
298,235
21,502
276,732
165,879
48,803
22,984
4,108
21,711
12,933
5,475
28,540
2,180
20,959
23,568
4,851
35,819
865,495
132,265

73,388
47,158
17,008
9,222
908,550
884,900
298,819
1,802
297,017
294,778
2,239
299,695
21,586
278,108
167,057
47,810
22,090
3,963
21,756
14,373
5,481
28,512
2,051
21,103
23,650
4,864
35,702
867,985
132,844

75,511
49,233
17,242
9,435
913,634
889,939
300,410
1,756
298,654
296,399
2,255
300,786
21,678
279408
167,592
48424
21,928
4,065
22430
14,468
5,505
28,520
2404
22,431
23,6^4
4S872
35,644
873417
135,223

74,401
49435
16,707
8,588
915,615
891,862
301,013
1,793
299,219
296,860
2,359
301,629
21,770
279,860
168,577
48,726
22,182
3,686
22,858
14,090
5,510
28,441
1,964
21,912
23,753
4,889
35,362
875,364
132,994

1467
1462

22B
136
128
680
16,511
1,695

1,406,451

1,390,298

1,395,438

1,399,341

1,411,439

24,681

240,572
191,557
6,455
2,949
22,067
7,239
832
9,474
73,637
622,745
583,097
30,025
965
7,829
829
278,991
1,872
12,852
264,267
96,120

230,732
182,872
5,864
2,878
21,951
7,013
878
9,277
75,258
625,000
585,622
30,036
945
7,596
801
272,640
1,515
4,614
266,510
91,744

238,622
191,613
6,514
3,332
20,684
6,840
920
8,719
74,519
626,317
586,652
30,207
942
7,799
717
269,560
1,785
5,991
261,784
91,031

233,852
186,125
6,976
1,639
22,518
6,453
1,0.54
9,U7
75,030
625420
586,3'W
29,520
938
7,557
71)4
280,0^5
571
25,227
254,2^7
89,9:>S

247,112
195,301
6,993
2,711
24,187
6,660
985
10,274
75,384
624,038
585478
29,497
928
7,757
677
278,217
1,035
21,053
256,129
92,544

5,093
4,419
149
104
135
46

-8,043
1,466

1,312,066

1,295,374

1,300,048

1,304,102

1,317,295

24,172

94,385

94,923

95,389

95,239

94444

508

1,124,611
911,750
194,519
19,983
1,308
929
380
253,021

1,122,099
909,892
195,888
20,119
1,380
1,000
380
253,063

1,121,851
912,690
196,013
20,317
1,330
956
374
253,440

1,126,901
918,383
195,973
20424
1,3'?0

1,123,096
918,698
195,783
18,684
1,380
1,029
350
250,430

20,269
17,288
8,186
274

i,0:;2

358
251,994

5
17,318
17,182
3,709
15
3,694
3,693
1
8,983
203
8,780
3,431
134
35
99
70
150
477

240
2,802
22,854
20,343
1,748
7
755

-8,043

5,596

17. Assets and liabilities of large weekly reporting U.S. branches and agencies of foreign banks, 19881
Millions of dollars, Wednesday figures
Account
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

Jan. 6

Jan. 13

Jan. 20

Jan. 27

Feb. 3

Feb. 10 Feb. 17 Feb. 24

Mar. 2

Cash and due from depository institutions
Total loans and securities
U.S. Treasury and government agency securities.
Other securities 2
Federal funds sold .
To commercial banks in the United States
To others

11,051
102,817
7,200
7,828
9,304
7,525
1,779

12,720
100,321
7,338
7,909
9,172
6,683
2,489

11,071
98,234
7,463
7,970
7,490
5,466
2,024

11,112
99,532
7,829
7,928
8,446
6,448
1,998

11,302
101,016
7,774
7,861
8,940
6,391
2,549

10,510
101,768
7,811
7,756
9,595
7,529
2,066

10,122 10,410
100,996 101,086
8,001
7,706
7,977
7,940
8,414
7,615
5,872
6,585
1,742
1,829

10,457
100,183
7,722
7,931
5,823
3,947
1,876

Other loans, gross.
Commercial and industrial.
Bankers acceptances and commercial paper
All other
U.S. addressees
Non-TJ.S. addressees
To financial institutions
Commercial banks in the United States
Banks in foreign countries
Nonbank financial institutions
To foreign governments and official institutions
For purchasing and carrying securities
All other
Other assets (claims on npnrelated parties)
Net due from related institutions
Total assets
Deposits or credit balances due to other than directly
related institutions
Transaction accounts and credit balances3
Individuals, partnerships, and corporations
Other
Non-transaction accounts4
Individuals, partnerships, and corporations
Other .
Borrowings from other than directly related institutions
Federal funds purchased5
. banks
From commercial. . . in the United States .
From others
Other liabilities for borrowed money
To commercial banks in the United States —
To others
Other liabilities to nonrelated parties
Net due to related institutions
Total liabilities

78,484 75,902 75,311 75,328 76,441 76,606 77,440 76,988
51,347 49,619 49,282 49,742 50,065 48,901 49,970 50,078
1,391
1,636
1,570
1,376
1,600
1,605
1,428
1,468
8 0 9 47,854 48,366 48,674 47,434 48,370 48,443
49,743 4 , 4
47,594 45,837 45,509 46,039 46,123 45,023 45,749 46,131
2,212
2,328
2,149
2,345
2,551
2,410
2,312
2,620
15,944 15,360 15,200 14,789
15,308 16,402 15,966 15,657
11,712 11,634
10,693 11,088 12,136
11,540 10,972 11,026
1,041
1,064
1,016
1,005
992
920
1,106
996
3,203
3,032
3,347
3,175
3,191
3,297
3,179
3,261
494
490
416
598
426
419
410
498
1,964
1,994
1,752
1,851
1,872
1,607
1,849
1,827
8,342
9,094
8,582
8,792
9,011
9,235
8,576
8,768
30,092 30,292 30,290 30,418 30,670
31,121 30,464 30,511
14,853
13,807
15,831
15,312 15,106
15,796 14,983
16,176
159,273 158,438 155,392 156,044 157,841 159,575 157,412 155,814

78,707
51,021
1,667
49,354
46,863
2,491
15,984
11,767
1,052
3,165
429
1,887
9,386
30,539
16,400
157,580

42,182 41,673 42,588 41,824 42,638 42,432 42,112 41,577
3,337
3,145
2,992
3,099
3,358
3,789
3,156
2,970
1,932
1,870
2,072
2,418
1,914
1,875
1,988
2,101
1,157
1,122
1,027
1,257
1,371
1,405
1,242
1,095
38,824 38,527 38,799 38,832 39,301 39,277 39,013 38,607
31,476 31,894 31,932 32,300 32,411 32,045 31,766
31,689
6,904
7,001
6,866
6,840
7,051
6,900
6,969
7,134
60,005 61,892 60,825 59,503 61,583 62,816 61,292 58,649
27,456 30,269 30,005 30,457 32,134 32,490 31,070 28,198
1,9
6 2 6 19,019 17,079 16,970 19,712 1 , 6
9 9 9 18,322 14,834
12,423
12,521
13,486
12,748 13,364
11,160 11,251
12,926
9 4 9 30,326 30,221 30,451
32,549 31,623 30,820 29,046 2 , 4
24,156 23,462 22,816 21,551 22,556 23,160 22,937 23,334
8,004
6,892
7,117
8,161
7,496
7,284
8,393
7,166
31,061 31,224 31,375 31,796 31,792 32,124 31,650 31,860
26,025 23,649 20,604 22,921 21,828 22,203 22,358 23,727
159,273 158,438 155,392 156,044 157,841 159,575 157,412 155,814

41,693
2,940
1,821
1,118
38,753
31,962
6,791
61,619
30,107
15,621
14,486
31,512
24,101
7,411
31,390
22,878
157,580

MEMO
41 Total loans, gross, and securities adjusted6.
42 Total loans, gross, adjusted6




83,752
68,723

82,666
67,419

81,742
66,309

82,390
66,633

83,537
67,902

82,103
66,535

83,412
67,470

82,867
67,184

84,469
68,816

53

17. Assets and liabilities of large weekly reporting U.S. branches and agencies of foreign banks, 19881—
Continued
Millions of dollars, Wednesday figures

Mar. 9

Mar. 16 Mar. 23 Mar. 30

Apr. 6

Apr. 13 Apr. 20 Apr. 27

May 4

Cash and due from depository institutions
Total loans and securities
TJ S Treasury and government agency securities
Other securities 2
Federal funds sold
To commercial banks in the United States
To others

9,641
100,341
8096
7,895
7,038
5,004
2,034

9690
10,453
101,657 103,260
8 130
8 134
7,894
7901
7,907
9,530
7 554
6 016
1 890
1,976

10,440
104,187
7,534
7,864
9,570
6785
2,786

10,711
103,531
7 790
7,804
tS,873
6072
2,801

10,845
103,597
7,763
7,691
10,014
7,081
2,914

10 lit)
102,439
7 638
7601
9,263
6 167
2,896

10 110
104,293
8 166
7,621
8,869
5 820
3,050

Other loans, gross
.
.
Commercial and industrial
Bankers acceptances and commercial paper
All other
U S addressees
Non-U.S. addressees
To financial institutions
Commercial banks in the United States
Banks in foreign countries
Nonbank financial institutions
To foreign governments and official institutions
For purchasing and carrying securities
All other
Other assets (claims on nonrelated parties)
Net due from related institutions
Total assets
. . .
Deposits or credit balances due to other than directly
related institutions
Transaction accounts and credit balances3
Individuals, partnerships and corporations
Other
Non-transaction accounts4
Individuals, partnerships and corporations
Other
Borrowings from other than directly related institutions
Federal funds purchased5
From commercial banks in the United States
From others
Other liabilities for borrowed money
To commercial banks in the United States
.
To others . . .
Other liabilities to nonrelated parties
Net due to related institutions
Total liabilities

77,312
79,219
79,064
77720
77702 79,764
49,897
51,360
51,662
50,945
51,017
50,146
1 634
1 625
1 649
1 702
I 551
1 571
48,521
49,711 49,960
48,263
49,394
49,446
45 833 46 982 46 194
47 302 47466
46 859
2,429
2,494
3,535
2464
2327
2,409
15,954
15,923
15 282
16,933
15,703
16,128
11 343
11 600
11,800
12 390
11 390
1?,878
1,031
1,398
1,270
994
1,313
31,284
3,092
3,043
2,945
3,041
3,145
2,966
422
513
464
484
518
460
1,787
1 624
1,546
1,449
1,740
1,680
9282
9 442
9886
9 738
9 336
9458
30,846
30,902
29,600
30,070
30792
30,743
14,947
17,253
16,306
16,081
16,028
16,840
156,856 159 392 160 763 159 682 161,068 158,359

78,129
50,370
1,546
48,824
46 547
2,277
15,545
11,302
1,159
3,084
512
1,895
9 807
30,505
15,454
160,402

77934
51,638
1 451
50,185
47 849
2136
14,728
10 760
925
3,042
SIS
1,453
9597
30998
16,300
159 848

79 637
52,821
1 466
51,355
49 101
2054
14,678
10 816
996
2,865
563
1,508
10 066
11,155
15,921
161 479

41 208
41 663 42 315
42 693
42 712 42 107
3444
3,341
3,271
3,082
3,054
3,226
1 933
1 888
2 321
2 068
2045
2 105
1,149
1,167
1,204
1 375
1 296
1,166
38 581 38 872
39 352
39 441 39 052
37 983
31,741
32 183
32256 31,837
30,391
32038
7 215
7 )91
6 834
7 169
7 184
6 840
62,226
61,304
63,229
61,778
66,618
65,367
31,162
30,547
34,925
31,081 28,688
32,-329
15,673
18,897
18,134
16897
16 815
15,698
14,874
14,184
12,990
16,027
14,695
14,347
31,693
31,679
30 697
32616
32,238
32067
23,155
23,808
24,116
24,081
24y442
24,297
8 501
7 870
7 542
7612
1 797
7 769
32,430
32,802
31,601 31,632
32,273
32,306
20537
22 864
21 574
23 984
20 741 20 452
156,856 159 392 160,763 159,682 161,068 158,359

41,473
3,120
2,070
1,050
38,352
31,188
7 164
66,864
34,812
18,643
16,169
32,052
24,199
7,853
31,807
20,258
160,402

42 294
3,620
2061
1,560
18 673
31 512
7 160
63,081
30,641
15 170
15,471
32 440
24,418
8 022
32,059
22414
159 848

41 872
3,344
2 111
1,213
18 528
11,282
7 246
65,781
33,062
1V>82
17,080
12,719
24,462
8257
32,577
21 249
161,479

85 '581
69,987

85,215
69,761

85 312
70 070

87 657
71,870

Account
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

MEMO
41 Total loans, gross and securities adjusted6
42 Total loans, gross adjusted6

54



83538
67,546

84298
68 267

84 106
68 078

9,976
102,722
7 762
7,899
7,298
4924
2,374

85 408
69,748

86 013
70,615

17. Assets and liabilities of large weekly reporting U.S. branches and agencies of foreign banks, 19881—
Continued
Millions of dollars, Wednesday figures
Account
1
2
3
4
5
6
7

Cash and due from depository institutions
Total loans and securities
...
U.S. Treasury and government agency securities
Other securities 2
Federal funds sold
To commercial banks in the United States
To others
. .

8 Other loans gro^s
...
9 Commercial and industrial
10
Bankers acceptances and commercial paper . . .
11
All other
12
U S addressees
13
Non-U.S. addressees
14 To financial institutions
15
Commercial banks in the United States
16
Banks in foreign countries
17
Nonbank financial institutions
...
...
18 To foreign governments and official institutions ...
19 For purchasing and carrying securities
20 All other
21 Other assets (claims on nonrelated parties)
22 Net due from related institutions
23 Total assets
24 Deposits or credit balances due to other than directly
related institutions
25 Transaction accounts and credit balances3
26
Individuals partnerships and corporations
27
Other
28 Non-transaction accounts4
...
29
Individuals partnerships and corporations
30
Other
' ...
'
31 Borrowings from other than directly related institutions
32 Federal funds purchased5
33
From commercial banks in the United States
34
From others
35 Other liabilities for borrowed money
36
To commercial banks in the United States
37
To others
38 Other liabilities to nonrelated parties
39 Net due to related institutions
...
...
40 Total liabilities
MEMO
41 Total loans gross and securities adjusted6
42 Total loans, gross, adjusted6




May 11

May 18

May 25

June 1

June 8

June 15 June 22 June 29

July 6

11 916
104 249
8,322
7 592
9,036
6 147
2889

10 064
105 090
7,878
7457
10,340
7 416
2925

9 968
104 381
8,286
7 535
8,397
5 900
2 497

11 174
105 738
7780
7 605
8469
5 546
2 923

10 467
105 261
7,892
7 605
7,610
5 137
2 473

11 571
108 725
8,352
7 609
10,842
7 645
3 197

10 705
107 656
8 234
7 609
7 672
4 857
2 815

11 604
111 056
8 115
7 582
9 764
6 827
2 937

11 219
110 306
8023
7 374
8 113
5 826
2 286

79 298
79 414
52,993
52,552
1 587
1 538
51,406
51,014
49 408
48 948
1,998
2,065
14,398
14,858
10,272
10,562
1,064
984
3063
3 312
574
571
1 213 1 301
10,131
10,120
30 936
31 402
15,278
15,420
162 381 161 977

80 163
53,408
1 491
51,916
49 795
2,121
14,680
10,636
1,060
2985
562
1 366
10,147
31 289
15,074
160 712

81 884
82,154
54715
54,866
1 678
1 641
53 036
53,225
51 019
51 211
2017
2,014
15,052
15,161
10422
10,860
1,146
1,180
3 484
3 121
596
585
1 382
1 433
10 139
10,108
31 366
31 231
15 942
16,704
164 220 163 663

81 923
54,525
1 604
52,921
50 931
1,990
14,834
10,494
1,037
3 303
586
1 622
10,355
31 455
17,879
169 632

84 141
56 134
1 707
54 427
52 393
2 034
15,244
10 928
1,127
3 189
570
1 811
10381
31 382
15 546
165 288

85 595
57 331
1 574
55,757
53 722
2 034
15,296
11 334
918
3 045
573
2 100
10,295
31 974
15 269
169 902

86 795
57 942
1 712
56 230
54 220
2011
15,845
11 459
991
3 395
596
1 851
10,561
31 925
16,366
169 816

41 831 41 765
3,203
3,121
1 926
2 101
1,277
1,019
38,644
38628
31 387
31 460
7 241
7 184
64,077
62,275
30681 30,414
14 634
16 130
14,284
16,048
33 396
31 861
24,957
23,458
8 438
8 403
32,712
32,630
23 760
25 307
162,381 161,977

42 302
3,320
1 965
1,355
38,982
31 783
7,199
62,856
31,161
16 041
15,120
31 695
23,918
7 777
32,861
22 693
160,712

42 272
3,758
2 322
1,435
38514
31 242
7272
66,487
32828
16 328
16 500
33 659
25,089
8570
32,674
22787
164,220

42,621
3,616
2,312
1,304
39,004
31 888
7,116
65,910
32,657
16,788
15,869
33,253
24,184
9,069
32,923
22,209
163,663

42,958
3,827
2,448
1,379
39,131
32024
7,107
70,888
37,734
20,807
16,927
33,154
23,364
9,791
33,101
22,684
169,632

43 006
3,852
2 261
1,591
39,153
32040
7 114
66,716
31,681
15 561
16,120
35 035
25,236
9 799
32,966
22 600
165,288

43 222
3,680
2043
1,637
39,542
32368
7,174
70,211
32,514
15 921
16,593
37696
26,596
11,100
33,423
23,046
169,902

42 893
4,167
2390
1,776
38,726
31 651
7,075
69,283
32,796
19395
13,402
36,486
25,959
10,528
33,254
24,386
169,816

87,845
72,024

89,770
74,385

89,264
73,768

90,587
74,626

91,871
76,028

92,895
77,198

93,020
77,622

87 830
71,916

87,112
71,776

55

17,

of

U.S.

of

Continued
Millions of dollars, Wednesday figures
July 13

July 20

July 27 1 Aug. 3

Aug. 10 Aug. 17 Aug. 24 Aug. 31

Sept. 7

Cash and due from depository institutions
Total loans and securities
. .
U.S. Treasuiy and government agency securities
Other securities 2
Federal funds sold
To commercial banks in the United States
To others

11,720
109 188
8,192
7,369
8 691
6,166
2 525

10,893
107 886
8,474
7,379
8 570
6,319
2 251

11,441
106 772
8,751
7,306
8 609
6,428
2 182

10,635
108 487
8,641
7,290
8 956
6 177
2 778

10,754
108 073
8,244
7,549
8 785
6,726
2 058

11,243
108 238
8,217
7,135
9 309
7,095
2 214

Other loans gross
Commercial and industrial
Bankers acceptances and commercial paper
All other
U S addressees
Non-U.S. addressees
To financial institutions
Commercial banks in the United States
Banks in foreign countries
Nonbank financial institutions
To foreign governments and official institutions
For purchasing and carrying securities
All other
Other assets (claims on nonrelated parties)
Net due from related institutions
Total assets
Deposits or credit balances due to other
directly
related institutions
3
Transaction accounts and credit balances
Individuals, partnerships, and corporations
Other
Non-transaction accounts4
Individuals partnerships and corporations
Other
Borrowings from other than directly related institutions
Federal funds purchased5
From commercial banks in the United States
From others
Other liabilities for borrowed money
To commercial banks in the United States
To others
Other liabilities to nonrelated parties
Net due to related institutions
Total liabilities

84 936
83 463
82 105
82 626
56,525
55,439
54 809
54 663
1 702
1 509
1 609
1 510
54,823
53,930
53,200
53,153
52 790
51 787
51 258
51 260
2,142
2,033
1,942
1,892
15 023
15 662
14 834
15 138
10,767
11,301
10,725
11,053
999
1 039
1 006
898
3,322
3,257
3,102
3,188
539
647
643
581
1,644
1,690
1,347
1,730
10 479
10 818
10 468
10 451
32,359
31,600
31,375
31,809
16 804
16 317
15 146
16 974
169,312 167,456 164,734 165,434

84 129
83 600
82 768
83 495
83 576
55 714
54 743
54,792
55 708
54 662
1 570
1 713
1 639
1 498
1 711
54,138
52,951
53,030
53,153
54,216
51 229
52 406
52 187
51 120
51 100
1,924
1,951
1,810
1 831
1,930
15 313
15 160
15 211
15 380
15 491
11 334
11,153
11,267
10 807
11 080
943
951
876
1 070
868
3,154
3,110
3,410
3 180
3,351
665
754
639
646
660
1,265
1,275
1 261
1 396
1 365
11 110
10 870
11 372
10 647
11 468
31,352
31,869
31 215
31,813
31,366
15 661
13 836
16 084
15 325
16 671
165,798 168,072 166,535 164,477 166,931

42,789
42,675
43,003
43,827
3 732
3 601
3 591
4 225
2,232
2,197
2,229
2,538
1 535
1 363
1 686
1 369
39,074
39,058
39,411 39,602
31 672
31 792
31 818
32 237
7,402
7,266
7,593
7,366
70,499
69,077
66,094 66,420
33,742
31,021
27,796
28,353
15 525
16 750
13 846
12 989
16,992
15,497
13,951
15,365
36 757
38 056
38 298
38 066
27,686
26,861
27,871
27,508
9 896
10 370
10 427
10 558
33,064
33,941
33,018
33,157
22 960
21 763
22 619
22 030
169,312 167,456 164,734 165,434

43,557
43,346
42,776
43,146
43,388
3 352
3 622
3 539
3 374
3 592
2,289
2,182
2,300
2 205
2,169
1 239
1 183
1 410
1 334
1 170
39,934
39,554
39,806
40,013
39,423
32 307
32 510
32 701
32 443
32 616
7,044
7,233
7,363
7,397
7,116
63,041
67,864
65,855
66,215
66,551
29,410
29,687
24,691 31,511
28,348
14 771
10 777
16 553
15 250
14 001
13,914
13,099
14,638
15 686
14,958
37 867
38 350
36 445
36 864
36 353
27,163
26,684
27,533
25,757
26,046
10 817
10 596
10 704
10 399
10 180
32,660
32,977
33,455
32,482
32,907
25 754
23 049
24 114
23 261
25 417
165,798 168,072 166,535 164,477 166,931

Account
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

MEMO
41 Total loans gross, and securities adjusted6
42 Total loans, gross, adjusted6

56



91 721
76,160

90,800
74,947

89 619
73,561

10,749
105 902
8,548
7,308
7 420
5,159
2 261

89 690
73,835

90 975
75,044

10,640
109 903
8,903
7 228
9 643
7,440
2 204

91 657
75,526

10,989
107 659
8,368
7 229
9 295
6 967
2 328

89 611
74,015

90 194
74,401

89 875
74,523

17. Assets and liabilities of large weekly reporting U.S. branches and agencies of foreign banks, 19881Continued
Millions of dollars, Wednesday figures
Account
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

Sept. 14 Sept. 21 Sept. 28

Oct. 5

Oct. 12

Oct. 19

Oct. 26

Nov. 2

Nov. 9

Cash and due from depository institutions
Total loans and securities
U S Treasury and government agency securities
Other securities 2
Federal funds sold
To commercial banks in the United States
To others

10,579
106,193
8,297
7,142
7,131
4,876
2,255

11,571
108,522
8,393
7,106
8,712
6,457
2,255

11,330
108,124
8,049
6,990
7,463
4,842
2,621

10,810
111,005
8,141
7,015
8,064
5,690
2,374

10,389
109,214
8,196
7,024
7,583
5,201
2,382

11,434
111,938
7,917
7,159
10,198
7,972
2,226

10,286
109,648
7,921
7,154
9,290
6,852
2,437

11,233
111,506
8,043
7,130
8,489
5,823
2,666

12,576
111,532
7,906
7,074
9,007
6,700
2,307

Other loans gross
Commercial and industrial
Bankers acceptances and commercial paper
All other
U S addressees
Non-U.S. addressees
To financial institutions
Commercial banks in the United States
Banks in foreign countries
Nonbank financial institutions
To foreign governments and official institutions
For purchasing and carrying securities
All other
Other assets (claims on nonrelated parties)
Net due from related institutions
Total assets
Deposits or credit balances due to other than directly
related institutions
Transaction accounts and credit balances"'
Individuals, partnerships and corporations
Other
Non-transaction accounts4
Individuals partnerships and corporations
Other
Borrowings from other than directly related institutions
Federal funds purchased5
From commercial banks in the United States
From others
.*.
Other liabilities for borrowed money
To commercial banks in the United States
To others
Other liabilities to nonrelated parties
Net due to related institutions
Total liabilities

83,623
54,549
1,576
52,973
51,093
1,880
15,868
11,996
912
2,959
644
1,189
11,373
31,049
15,076
162,896

84,310
54,562
1,584
52,978
51,261
1,717
16,194
12,289
924
2,981
677
1,445
11,432
31,267
18,884
170,244

85,622
54,913
1,605
53,309
51,522
1,786
16,922
12,906
964
3,052
638
1,481
11,668
31,518
15,910
166,883

87,785
56,330
1,679
54,651
52,915
1,736
17,212
13,114
1,025
3,074
639
1,647
11,956
30,253
17,264
169,331

86,410
55,796
1,595
54,200
52,580
1,620
16,615
12,330
974
3,311
642
1,432
11,926
30,248
16,149
166,000

86,663
55,205
1,617
53,587
52,006
1,582
17,759
13,462
1,247
3,050
637
1,238
11,824
30,266
17,907
171,546

85,283
55,050
1,630
53,420
51,752
1,668
16,460
12,372
1,133
2,955
548
1,235
11,989
30,442
18,220
168,596

87,843
56,258
1,555
54,702
52,998
1,704
17,062
12,648
1,350
3,065
621
1,611
12,291
30,628
17,526
170,893

87,545
55,655
1,604
54,050
52,378
1,672
17,072
12,767
1,174
3,130
743
1,467
12,608
31,572
16,796
172,476

43,179
3,735
2,509
1,226
39,444
32,433
7,011
64,558
28,958
13,743
15,214
35,601
25,390
10,211
32,413
22,746
162,896

43,931
4,155
2,464
1,690
39,776
32,682
7,094
71,038
34,713
18,599
16,114
36,325
25,343
10,982
32,135
23,139
170,244

43,755
3,697
2,540
1,157
40,058
33,125
6,933
66,510
31,433
16,465
14,967
35,077
24,228
10,850
32,486
24,132
166,883

44,095
3,785
2,459
1,326
40,310
33,344
6,966
69,346
34,338
19,425
14,914
35,007
24,526
10,481
31,423
24,468
169,331

44,238
3,820
2,471
1,349
40,417
33,443
6,974
67,445
33,094
16,299
16,795
34,351
23,776
10,575
31,387
22,931
166,000

43,954
3,836
2,486
1,350
40,118
33,308
6,809
72,608
35,647
18,337
17,309
36,961
26,219
10,742
31,439
23,546
171,546

44,232
4,393
2,613
1,780
39,838
33,030
6,808
69,962
35,242
19,373
15,869
34,720
23,552
11,168
31,354
23,048
168,596

43,758
4,549
2,655
1,894
39,209
32,723
6,486
69,132
33,914
17,088
16,826
35,218
23,628
11,590
31,582
26,420
170,893

43,035
3,668
2,370
1,298
39,367
32,871
6,496
70,631
33,392
17,680
15,712
37,240
25,852
11,388
32,911
25,899
172,476

89,320
73,882

89,775
74,276

90,376
75,338

92,202
77,045

91,683
76,462

90,504
75,427

90,424
75,348

93,035
77,862

92,065
77,085

MEMO
41 Total loans gross and securities adjusted6
42 Total loans, gross, adjusted6




57

17. Assets and liabilities of large weekly reporting U.S. branches and agencies of foreign banks, 19881—
Continued
Millions of dollars, Wednesday figures

Nov. 16

Nov. 23

Nov. 30

Dec. 7

Dec. 14

Dec. 21

Dec, 28

Cash and due from depository institutions
Total loans and securities
TJ.S Treasury and government agency securities
Other securities
Federal funds sold2
To commercial banks in the United States
To others

11,887
112,279
7989
7,087
10,864
8861
2,003

11,126
110,161
7,700
7,048
7,293
5,465
1,828

10,817
112,853
7802
7,108
10,173
7,878
2,294

11,067
111,965
7725
7,077
7,781
5,615
2,165

I' ,181
114,405
'?943
^014
10,306
B,208
2,098

11,086
113,963
8,129
6,975
7,964
5,969
1,995

12,181
118,171
8,044
7,02]
8,873
7,282
1,591

Other loans, gross
Commercial and industrial
Hankers acceptances and commercial paper
All other
U.S addressees
Non-U.S. addressees
To financial institutions
Commercial banks in the United States
Banks in foreign countries
Nonbank financial institutions
To foreign governments and official institutions
For purchasing and carrying securities
All other
...
Other assets (claims on nonrelated parties)
Net due from related institutions
*
Total assets
Deposits or credit balances due to other than directly
related institutions
, ..
Transaction accounts and credit balances3
Individuals partnerships and corporations
Other
Non-transaction accounts'*
Individuals, partnerships, and corporations
Other
Borrowings from other than directly related institutions
Federal funds purchased5
From commercial banks in the United States
From others
Other liabilities for borrowed money ...
To commercial banks in the United States
To others
Other liabilities to nonrelated parties
Net due to related institutions .
....
Total liabilities

86340
55,250
1 689
53,561
51 988
1 573
16,136
11 902
1,157
3 076
820
1,449
12 684
32,296
14 936
171 399

88,120
55,398
1,736
53,662
52,042
1,620
17,424
13,038
1,221
3,166
801
1,805
12,691
32,715
18 101
172,104

87,771
55,828
1 554
54,274
52634
1,640
16,307
12018
1,220
3 070
830
1,761
13044
33,025
15 233
171 928

89,382
56,897
1,618
55,279
53 546
1,733
17,290
12,929
1,298
3 062
830
1,535
12831
32,537
17 869
173,439

56,611
*t,485
55,126
VI 433
'i,692
T',291
12,931
\,194
'\ 166
906
'-,514
12,819
33,007
14 524
171,117

8<U4l

90,895
58,136
1,532
56,604
54 951
1,653
17,460
12,927
1,307
3 226
864
1,780
12655
33,288
15 202
173,540

94,234
59,302
1,420
57,882

1,669
18,665
14,098
1,269
1,299
857
2,317
11,092
32,511
13 002
175,865

43 390
4,301
2882
1 418
39 089
32 634
6,455
68,504
31 479
16 307
15,172
37 024
25,668
11 356
33 837
25 668
171,399

43,866
3,888
2,497
1,391
39978
33,555
6,423
67,721
24 603
12,087
12,516
43,118
28,072
15,046
33 964
26,552
172,104

44 318
3,954
2451
1,503
40364
33,713
6,652
68,058
31 021
16,454
14,567
37037
25,604
11 432
34 168
25383
171,928

44983
3,965
2323
1,642
41 018
34,417
6,600
69,537
31 238
15,670
15,568
38,299
26,575
11,724
33 981
24937
173,439

44 740
4,010
2 520
,,490
40 730
14,340
6,390
$8,265
?<> 088
15,553
13,534
30,177
2'7,127
12,050
34 556
25 556
173,117

45,385
4,178
2581
1,598
41 206
35,061
6,145
70,633
30678
14,778
15,899
39,956
26,437
13,518
34 255
23,266
173,540

46,765
4,183
2W
1,730
42,582
36,436
6,146
66,232
27 492
14,188
13,304
38,740
25,576
13,164
33 856
29,011
175,365

91 516
76440

91,659
76,910

92 957
78,048

93 421
78,618

9't 266
78,309

95067
79,963

96,791
81,727

Account
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

MEMO
41 Total loans, gross, and securities adjusted6
42 Total loans, gross, adjusted6

% 2r»

18. Gross demand deposits of individuals, partnerships, and corporations, 19881
Billions of dollars, estimated daily-average balances for last month of quarter, not seasonally adjusted
All weekly reporting banks

All commercial banks

Type of holder

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

1 All holders—Individuals, partnerships, and corporations

328.6

346.5

337.8

354.7

181.8

191.5

185.3

198.3

2
3
4
5
6

33.9
184.1
86,9
3.5
20.3

37.2
194.3
89.8
3.4
21.9

34.8
190.3
87.8
3.2
21.7

38.6
201.2
88.3
3.7
22.8

27.0
98.2
41.7
3.4
11.4

30.0
103.1
42.3
3.4
12.8

27.2
101.5
41.8
3.1
11.7

30.5
108.7
42.6
3.6
12.9

Financial business . . .
Nonftnancial business
Consumer
Foreign
Other

58



....

19. Commercial paper and bankers dollar acceptances outstanding, 1988
A. Commercial paper, seasonally adjusted
Millions of dollars, end of period

Jan.

Item
1 All issuers

Feb.

Mar.

Apr.

May

June

July

Aug.

Oct.

Sept.

| Nov.

Dec.

379,428 387,936

390,445 405,648

413,528 417,288 423,054

Financ ial companies1
Dealer-placed paper2
Tota
Ban*--related
Diret~tly placed paper3
Tota
Ban!ii-related

121,995
1,681

126,408
1,724

129,314
1,371

134,077
1,093

137,434
1,422

140,933
1,448

146,483 146,592
1,301
911

149,995
901

149,845
840

157,042
995

159,947
1,248

174,556
44,515

173,640
43,033

172,457
42,822

179,284
44,868

185,093
46,935

184,160
44,574

184,514
44,217

187,031
46,224

180,905
43,887

184,044
42,204

192,220
43,729

192,442
43,155

6 Nonfinancial comptmies4

83,942

88,382

89,309

92,419

90,597

90,807

90,411

90,881

90,483

92,327

94,269

102,628

2
3
4
5

424,504 421,383 426,216

443,531 455,017

B. Bankers dollar acceptances, not seasonally adjusted
Millions of dollars, end of period

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

62,957

62,419

63,454

64,111

63,381

64,359

63,240

64,036

63,452

62,253

65,691

66,631

8,602
7,759
843

9,629
8,561
1,067

10,243
8,825
1,417

10,295
8,929
1,366

9,412
8,588
825

9,734
8,861
873

9,655
8,702
953

9,551
8,664
888

9,334
8,400
934

9,083
8,026
1,057

9,483
8,768
715

9,086
8,022
1,064

Federa [ Reserve Banks
5 Own account.. .
6 Foreign corrcspo ndents
7 Others

0
831
53,524

0
833
51,958

0
795
52,417

0
803
53,013

0
1,050
52,918

0
1,273
53,351

0
1,114
52,471

0
9,915
53,493

0
963
53,154

0
1,166
52,004

0
1,393
55,086

0
1,493
56,052

Basis
8 Import s into United1 States
9 Export s from United States
10 All oth er

14,468
14,054
34,436

14,354
13,891
34,173

14,575
13,899
34,980

14,735
14,724
34,652

14,045
14,534
34,803

14,244
14,606
35,510

14,001
14,676
34,564

14,608
14,345
35,083

14,622
13,946
34,884

14,064
14,067
34,122

14,959
14,578
36,424

14,984
14,410
37,237

Item
1 Total .
Holder
2 Accept ing banks
3 Own bills .......
4 Bills bought

20. Prime rate charged by banks on short-term business loans, 19881
Percent per year
Rate

Effective date
February ;I
May 11...
July 14
August 11
November 28

8.50
9.00
9.50
10.00
10.50
Averages of daily effective rates

Year

Jan.

Feb.

9.32

8.75

8.51




|

Mar.

Apr.

May

June

July

Aug.

Sept.

8.50

8.50

8.84

9.00

9.29

9.84

10.00

1

Oct.

Nov.

Dec.

10.00

10.05

10.50

59

21* Terms of lending at commercial banks—1988*
A. Commercial and industrial loans
Survey of loans made February 1-5
Characteristic

Amount
Average Weighted
average 2
of loans
size
(thousands (thousands maturity
of dollars) of dollars)
Days

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Ix>ans
made
under
commitment
(gM^rcent)

Participation
loans
(percent)

Most
common
base
pricing
rate6

ALL BANKS
15,079,351

6,412

*

7.48

.07

7.14-7.77

79.6

12.9

Fed funds

2 One month and under
3 Fixed rate
4 Floating rate

7,673,326
6,387,718
1,285,608

788
1,125
317

17
16
20

8.08
7.91
8.93

.13
.12
.27

7.39-8.39
7.36-8.12
7.72-9.66

73.3
74.7
66.4

14.1
14.2
13.1

Domestic
Domestic
Prime

5 Over one month and under a year
6 Fixed rate
7 Floating rate

7,414,473
3,269,245
4,145,229

107
99
115

125
103
143

8.98
8.63
9.26

.21
.27
.20

7.78-9.96
7 61 9 78
8.56-10.12

72.3
68.7
75.0

10.6
16.6
6.0

Prime
Foreign
Prime

8 Demand8
9 Fixed rate
10 Floating rate

16,561,762
3,516,615
13,045,147

270
998
226

*
*
#

9.03
7.72
9.39

.17
.20
.15

7.71-10.11
7.19-8.00
8.84-10.20

80.1
81.2
79.7

6.8
2.1
8.1

Prime
Domestic
Prime

11 Total short term

46,728,912

328

36

8.37

.14

7.32-9.14

77.5

10.6

Prime

12 Fixed rate (thousands of dollars)

27,373,114
221,756
125,094
176,240
467,325
340,945
26,041,754

613
7
33
63
206
691
7,865

19
111
130
104
128
43
15

7.74
11.50
10.92
11.09
9.92
8.44
7.62

.08
.16
.21
.29
.27
.13
.05

7.24-7.92
10.52-12.36
10.20-11.78
10.11-12.19
8.88-11.00
7.63-9.18
7.23-7.85

76.7
25.2
29.5
34.2
48.9
80.4
78.1

12.6
.0
.4
5.3
13.1
13.9
12.8

Fed funds
Prime
Prime
Prime
Prime
Domestic
Fed funds

19 Floating rate (thousands of dollars) . . . 19,355,798
20
1-24
457,379
21 25-49
524,086
22 50-99
832,120
23 100-499
3,323,772
24 500-999
1,556,790
25 1000 and over
12,661,650

198
10
34
66
198
659
4,469

98
153
150
148
144
135
73

9.26
10.73
10.53
10.17
9.92
9.71
8.86

.17
.08
.07
.03
.06
.09
.19

8.46-10.20
9.92-11.30
9.85-11.04
9.38-10.75
9.11-10.47
8.87-10.47
7.79-9.92

78.7
72.3
72.5
77.6
83.8
88.2
76.8

7.6
.8
1.4
2.4
5.1
6.9
9.2

Prime
Prime
Prime
Prime
Prime
Prime
Prime

1 Overnight''

14
15
16
17
18

25-49
50-99
100-499
500-999
1000 and over

Months
26 Total long term

4,202,893

204

62

9.41

.27

8.13-10.47

53.0

11.3

Prime

27 Fixed rate (thousands of dollars)
28 1 99
29 100-499
30 500=999
31 1000 and over

1,253,687
140,800
204,137
34,314
874,436

154
20
231
691
2,696

65
35
89
45
66

9.87
11.90
10.32
9.16
9.47

.35
.15
.23
.26
.49

8.10-11.85
10.47-12.13
9.38-11.02
8.75-9.67
7 65 12 13

42.2
12.7
10.9
64.3
53.3

22.1
.0
.8
6.1
31.2

Other
Prime
Prime
Other
Other

32 Floating rate (thousands of dollars) . . . 2,949,206
33 1-99
234,741
34 100-499
325,764
35 500=999
307,349
36 1000 and over .
2,081,352

237
23
204
651
5,442

60
43
61
89
58

9.22
10.88
10.12
10.24
8.74

.21
.13
.10
.18
.21

8.13-10.20
9.93-11.57
9 38 10 47
9.72-10.65
7 55 9 65

57.6
22.6
47.0
40.4
55.7

6.8
1.4
5.2
4.3
8.0

Prime
Prime
Prime
Prime
Prime

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

LOANS MADE BELOW PRIME11
Overnight7 .
One month and under
Over one month and under a year
Demand8

14,528,699
6,226,466
3,544,491
5,951,703

10,017
4,457
632
1,940

*
15
105
*

7.41
7.63
7.76
7.51

7.15
7.36
7.52
7.33

8.56
8.64
8.70
8.60

79.0
74.2
79.3
54.4

13.3
13.6
15.5
3.8

41 Total short term

30,251,360

2,626

20

7.51

7.27

8.60

75.2

11.8

42 Fixed rate
43 Floating rate

24,517,040
5,734,320

3,654
1,192

14
63

7.47
7.72

7.23
7.46

8.59
8.65

77.1
57.1

13.4
4.9

44 Total long term

1,613,116

736

46

7.98

7.75

8.86

75.4

5.9

45 Fixed rate
46 Floating rate

508,124
1,104,992

568
851

37
50

8.15
7.91

8.03
7.63

9.15
8.73

63.5
30.8

4.5
6.5

37
38
39
40

Months

60



21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made February 1-5
Characteristic

Amount
Average
of loans
size
(thousands (thousands
of dollars) of dollars)

Weighted
average
maturity2
Days

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base ,
pricing
rate6

LARGK BANKS
1 Overnight7

11,021,395

9,289

*

7.51

.12

7.24-7.79

76.7

13.1

Fed funds

2 One month and under
3 Fixed rate
4 Floating rate

6,055,836
5,239,360
816,476

3,030
4,646
938

16
16
19

8.03
7.95
8.55

.11
.10
.14

7.44-8.36
7.38-8.30
7.63-9.11

77.3
79.8
61.5

13.4
12.5
19.0

Other
Other
Prime

5 Over one month and under a year
6 Fixed rate
7 Floating rate

3,972,508
1,943,984
2,028,523

591
1,028
420

103
93
113

8.35
8.10
8.59

.10
.10
.20

7.66-9.06
7.61-8.82
7.76-9.30

79.2
78.0
80.3

9.0
15.2
3.2

Domestic
Foreign
Prime

8 Demand8
9 Fixed rate
10 Floating rate

8,941,959
2,380,074
6,561,885

547
3,997
417

*
*
#

8.66
7.63
9.04

.17
.07
.17

7.43-9.84
7.12-8.00
8.03-9.96

69.2
74.7
67.3

5.7
2.0
7.0

Prime
Domestic
Prime

11 Total short term

29,991,698

1,143

25

8.07

.08

7.30-8.82

74.9

10.4

Fed funds

12 Fixed rate (thousands of dollars)
13 1-24
.
14 25-49
15 50-99
16 100-499
17 500-999
18 1000 and over

19,709,634
10,177
11,687
18,941
118,812
195,547
19,354,470

4,133
10
33
65
222
686
8,601

16
80
85
82
49
43
15

7.69
10.76
10.33
9.98
9.19
8.39
7.67

.05
.08
.38
.36
.35
.22
.05

7.25-7.93
9.92-11.33
9.77-11.02
9.38-10.65
8.32-10.12
7.63-9.14
7.25-7.92

76.4
26.3
27.2
32.5
60.0
76.9
76.6

12.4
.0
.0
.0
1.9
6.8
12.5

Fed funds
Prime
Prime
Prime
Prime
Domestic
Fed funds

19 Floating rate (thousands of dollars) . . . 10,282,064
20 1-24
79,347
21 25-49
114,164
22 50-99
219,372
23 100-499
1,128,537
24 500-999
687,112
25 1000 and over
8,053,532

479
11
34
67
209
665
5,870

66
128
130
117
130
108
58

8.81
10.41
10.27
10,11
9.76
9.56
8.54

.16
.09
.04
.03
.03
.06
.14

7.79-9.84
9.65-11.02
9.65-11.02
9.38-10.75
9.11-10.24
8.87-10.14
7.60-9.34

72.1
82.6
79.9
81.0
85.5
88.6
68.4

6.6
.0
.4
.6
3.4
5.0
7.5

Prime
Prime
Prime
Prime
Prime
Prime
Prime

26 Total long term

1,189

54

8.57

.27

7.41-9.38

76.2

2.1

Domestic

544,255
5,956
18,725
8,330
511,245

1,265
22
297
625
6,596

56
41
54
48
56

8.49
11.79
9.90
9.67
8.38

.41
.15
.27
.46
.37

7.40-9.34
10.47-12.40
8.57-11.30
8.84-10.75
7.40-9.34

72.6
8.7
57.9
90.4
73.6

.0
.0
.0
.0
.0

Fed funds
None
Prime
Other
Fed funds

32 Floating rate (thousands of dollars) . . . 1,574,985
33 i_99
26,864
75,276
34
100-499
„
69,488
35 500-999.
1,403,357
36 1000 and over

1,165
36
222
663
9,239

53
42
56
61
52

8.60
10.73
10.01
9.50
8.44

.26
.20
.17
.15
.26

7.41-9.58
9.92-11.30
9.11-10.65
8.84-10.38
7.34-9.31

77.4
50.8
61.8
82.9
78.5

2.9
2.7
4.0
5.2
2.7

Prime
Prime
Prime
Prime
Domestic

Months

27 Fixed rate (thousands of dollars) .
28 1-99
29 100-499 .....
30 500 999
31 1000 and over

2,119,240

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

LOANS MADE BELOW PRIME11
Overnight7..
. .
One month and under
*
Over one month and under a year
8
Demand

10,598,577
5,045,077
2,621,957
4,165,484

10,913
6,148
4,704
5,046

*
14
102
*

7.45
7.67
7.69
7.44

7.18
7.40
7.46
7.27

8.57
8.64
8.60
8.57

76.0
77.7
81.7
51.7

13.6
11.1
10.7
3.1

41 Total short term

22,431,096

7,065

19

7.52

7.28

8.59

72.5

10.8

42 Fixed rate
43 Floating rate

17,879,407
4,551,689

7,616
5,503

14
54

7.49
7.65

7.25
7.40

8.59
8.59

75.1
62.5

12.8
2.6

44 Total long term

1,228,210

5,656

44

7.72

7.51

8.60

85.3

.9

322,399
905,811

4,523
6,210

39
45

7.70
7.72

7.66
7.46

8.69
8.57

74.7
89.0

.0
1.2

37
38
39
40

Months

45 Fixed rate
46 Floating rate .




61

21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made February 1-5
Weighted
Amount
Average
average 2
of loans
size
(thousands (thousands maturity
of dollars) of dollars)
Days

Characteristic

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base
pricing
rateft

OTHER BANKS
1 Overnight7

4,057,956

3,482

*

7.39

.10

7.05-7.52

87.3

12.2

Fed funds

2 One month and under
3 Fixed rate
4 Floating rate

1,167,490
1,148,358
469,132

209
252
147

18
17
22

8.29
7.75
9.59

.20
.22
.38

7.23-8.85
7.20-7.85
7.92-10.75

58.3
51.5
75.0

16.7
22.2
3.0

Prime
Domestic
Prime

5 Over one month and under a year
6 Fixed rate
7 Floating rate

3,441,966
1,325,260
2,116,705

55
42
68

151
117
172

9.71
9.41
9.90

.13
.30
.09

8.78-10.75
7.55-11.07
9.05-10.47

64.3
55.1
70.0

12.5
18.6
8.6

Prime
Prime
Prime

8 Demand8
9 F'ixed rate
10 Floating rate

7,619,803
1,136,540
6,483,262

170
388
154

*
*
*

9.46
7.90
9.74

.20
.37
.20

8.84-10.20
7.30-8.06
9.11-10.33

92.7
94.9
92.4

8.1
2.1
9.2

Prime
Fed funds
Prime

11 Total short term

16,737,214

144

61

8.90

.14

7.38-10.20

82.3

10.8

Prime

7,663,480
211,579
113,407
157,299
348,513
145,398
6,687,284

192
7
33
63
201
697
6,306

27
112
134
107
155
43
13

7.87
11.53
10.98
11.22
10.17
8.50
7.48

.13
.19
.19
.28
.25
.14
.08

7.12-7.91
10.52-12.36
10.38-11.78
10.14-12.47
9.04-11.35
7.64-9.38
7.12-7.72

77.6
25.2
29.8
34.4
45.1
85.2
82.6

13.3
.0
.5
5.9
17.0
23.4
13.7

Fed funds
Prime
Prime
Prime
Prime
Fed funds
Fed funds

9,073,734
378,032
409,922
612,748
2,195,235
869,678
4,608,118

119
9
33
66
193
655
3,154

145
157
153
154
148
149
133

9.77
10.80
10.60
10.19
10.01
9.83
9.42

.18
.07
.11
.05
,09
.18
.27

9.11-10.47
9.92-11.35
9.92-11.19
9.58-10.75
9.31-10.47
8.98-10.47
8.84-10.20

86.2
70.2
70.5
76.4
82.9
87.9
91.5

8.7
1.0
1.7
3.0
5.9
8.3
12.2

Prime
Prime
Prime
Prime
Prime
Prime
Prime

2,083,653

111

70

10.27

.34

9.38-11.35

29.4

20.7

Prime

709,431
134,844
185,412
25,984
363,191

92
20
226
715
1,471

73
35
92
44
79

10.93
11.91
10.36
9.00
11.00

.48
.26
.31
.25
.97

9.71-12.13
10.47-12.13
9.38-10.75
8.75-9.65
10.23-12.13

18.8
12.8
6.2
56.0
24.8

39.0
.0
.9
8.1
75.1

Other
Prime
Prim*1.
None
Other

1,374,221
207,877
250,488
237,861
677,995

124
22
199
648
2,941

69
43
62
98
69

9.92
10.90
10.16
10.45
9.35

.18
.16
.12
.26
.28

9.05-10.47
9.96-11.57
9.38-10.47
9.92-10.75
8.84-10.11

34.8
18.9
42.6
27.9
39.2

11.3
1.2
5.6
4.1
19.0

Prime,
Prime
Prime
Prime
Prime;

12 Fixed rate (thousands of dollars)
14
15
16
17
18

25-49
50-99
100-499
500-999
.
1000 and over

. ...
...

19 Floating rate (thousands of dollars) . . .
20
1-247
21 25=49
22 50-99
23 100-499
24 500-999
25 1000 and over

Months
26 Total long term
27 Fixed rate (thousands of dollars)
28 1 99
29 100=499
30 500-999
31 1000 and over
32 Floating rate (thousands of dollars) ...
33 1=99
34 100-499
35 500=999
36 1000 and over

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

LOANS MADE BELOW PRIME11
Overnight7
One month and under .
Over one month and under a year
Demand8

3,930,122
1,181,390
922,534
1,786,218

8,200
2,049
183
797

*
17
112
*

7.29
7.47
7.94
7.70

7.04
7.22
7.69
7.47

8.54
8.61
9.01
8.65

87.1
59.1
72.7
93.9

12.6
24.0
29.2
5.3

41 Total short term

7,820,264

937

21

7.49

7.24

8.63

82.7

14.6

42 Fixed rate . . .
43 Floating rate

6,637,632
1,182,631

1,522
297

14
116

7.40
7.95

7.16
7.71

8.59
8.89

82.3
84.9

14.8
13.5

44 Total long term

384,905

195

54

8.83

8.53

9.68

43.7

21.9

45 Fixed rate
46 Floating rate

185,724
199,181

226
173

34
74

8.93
8.73

8.67
8.40

9.93
9.44

44.0
43.5

12.4
30.7

37
38
39
40

Months

62



21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made May 2-6
Characteristic

Weighted
Amount
Average
average 2
size
of loans
(thousands (thousands maturity
of dollars) of dollars)
Days

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base
pricing
rate6

ALL BANKS
7

16,739,077

7,170

*

7.48

.07

7.12-7.79

79.7

7.1

Fed funds

7,188,787
5,289,163
1,899,624

640
831
390

17
16
21

8.09
7.92
8.57

.14
.09
.27

7.51-8.43
7 51 8 17
7.50-9.41

82.3
85.0
74.9

9.9
9.9
9.9

Domestic
Domestic
Prime

10,467,269
4,314,611
6,152,658

146
126
166

146
96
181

9.20
9.06
9.30

.13
.17
.17

8.34-9.85
8.07-9.92
8.78 9 84

64.9
65.3
64.7

6.9
8.8
5.6

Prime
Other
Prime

8 Demand8
9 Fixed rate . . . *
10 Floating rate

16,848,899
1,988,219
14,860,680

256
398
244

*
*
*

9.20
7.84
9.39

.12
.19
.11

8.77-9.92
7.36-8.13
8.84-9.96

82.1
83.5
81.9

6.3
6.8
6.3

Prime
Other
Prime

11 Total short term

51,244,032

340

49

8.49

.12

7.45-9.38

77.8

7.2

Prime

12 Fixed rate (thousands of dollars)

28,330,263
253,083
131,771
232,049
541,448
379,687
26,792,225

590
7
33
66
208
657
7,724

20
117
110
107
115
65
15

7.83
11.41
10.84
10.44
9.62
8.64
7.71

.12
.15
.17
.16
.19
.14
.09

7.26-8.12
10.38-12.47
9.87-11.74
9.65-11.04
8.77-10.52
7 89 9 47
7.25-8.00

78.7
24.3
27.9
31.5
43.8
72.1
80.7

7.9
1.0
.9
1.1
3.8
8.3
8.1

Fed funds
Prime
Prime
Prime
Prime
Other
Fed funds

19 Floating rate (thousands of dollars) . . . 22,913,769
20
1-24
468,970
21 25=49
546,671
856,947
22 50 99
23 100-499
,
3,391,547
2,026,198
24 500 999
15,623,437
25 1000 and over

223
9
34
66
199
653
4,729

143
157
152
169
159
182
133

9.30
10.59
10.37
10.17
9.83
9.56
9.02

.11
.11
.09
.07
.07
.03
.15

8.83-9.92
9.92-11.07
9.65-11.02
9.42-10.92
8.94-10.47
8.84-10.20
8.24-9.84

76.7
69.3
73.1
78.1
80.4
88.4
74.7

6.4
.5
1.8
2.3
5.1
8.9
6.9

Prime
Prime
Prime
Prime
Prime
Prime
Prime

3,655,503

227

49

9.05

.24

7.71-9.93

56.5

8.7

Prime

1,082,638
94,114
105,145
24,397
858,982

187
18
215
673
5,587

45
43
43
54
45

9.04
11.77
10.37
10.05
8.55

.29
.29
.27
.91
.20

7.58 9 72
10.47-12.40
9.72-11.83
8.39-10.75
7.58-9.31

57.5
15.9
20.3
80.5
66.0

.3
.9
2.8
.0
.0

Fed funds
Other
Other
Other
Fed funds

32 Floating rate (thousands of dollars) . . . 2,572,865
197,771
33 1-99 T
34 100-499
.
....
435,329
262,774
35 500-999
36 1000 and over
1,676,990

249
26
215
673
4,638

51
43
68
54
47

9.06
10.62
10.04
9.77
8.51

.25
.13
.15
.17
.25

7.71-10.06
9.84-11.30
9.38-10.75
9.38-9.96
7.55-9.38

56.1
30.1
31.7
41.7
67.7

12.2
4.4
5.4
9.3
15.3

Prime
Prime
Prime
Prime
Prime

1 Overnight

2 One month and under
3 Fixed rate
4 Floating rate. „
5 Over one month and under a year
6 Fixed rate ...»
7 Floating rate

14
15
16
17
18

25-49
„
50=99
.„
100-499
500-999
1000 and over

Months
26 Total long term
27 Fixed rate (thousands of dollars)
28 1-99
29 100-499 . . . .
30 500-999
31 1000 and over

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

LOANS MADI BELOW PRIME11
Overnight7
One month and under
Over one month and under a year
Demand8
.
. .

16,258,213
6,043,197
3,571,462
4,245,944

9,193
3,422
709
1,036

*
15
128
*

7.43
7.76
8.02
7.69

7.17
7.49
7.78
7.44

8.50
8.52
8.66
8.58

79.2
85.1
77.7
62.7

7.9
12.1
7.0
5,4

41 Total short term

30,118,817

2,378

22

7.60

7.34

8.53

77.9

8.3

42 Fixed rate
43 Floating rate

25,180,980
4,937,837

3,713
839

13
109

7.57
7.76

7.31
7.51

8.51
8.65

80.2
65.9

8.8
5.7

44 Total long term

1,464,028

1,418

38

7.71

7.50

8.59

84.0

6.2

526,069
937,959

1,091
1,703

31
42

7.90
7.61

7.75
7.35

8.68
8.54

60.8
97.0

.0
9.7

37
38
39
40

Months

45 Fixed rate
46 Floating rate




63

21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made May 2-6
Characteristic

Weighted
Amount
Average
average 2
of loans
size
(thousands (thousands maturity
of dollars) of dollars)
Days

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base
pricing
rateCl

LARGE BANKS
7

12,554,893

9,907

*

7.52

.09

7.12-7.82

75.9

8.6

Fed funds

2 One month and under
3 Fixed rate
4 Floating rate

5,093,473
3,888,397
1,205,076

2,716
3,942
1,356

17
16
22

8.06
7.89
8.61

.25
.07
.41

7.57-8.41
7.57-8.13
7.61-9.93

85.3
84.8
86.6

8.9
7.6
13.2

Domestic
Domestic
Prime

5 Over one month and under a year
6 Fixed rate
7 Floating rate . .

6,209,894
2,618,931
3,590,963

682
1,198
519

134
88
168

8.95
8.74
9.11

.15
.07
.22

8.18-9.73
8.03-9.47
8.71-9.73

68.2
73.9
64.0

4.8
8.7
1.9

Prime
Foreign
Prime

8 Demand8
9 Fixed rate
10 Floating rate

10,081,513
1,174,974
8,906,539

638
2,511
581

*
*
*

9.06
7.66
9.25

.16
.22
.15

8.06-9.92
7.28-7.99
8.77=9.92

76.5
75.5
76.6

6.7
4.1
7.1

Prime
Other
Prime

11 Total short term

33,939,773

1,210

39

8.32

.16

7.38-9.04

76.1

7.4

Fed funds

12 Fixed rate (thousands of dollars)

20,237,195
10,747
11,525
27,590
130,691
162,000
19,894,643

4,124
10
32
64
220
655
8,905

16
85
74
78
56
47
15

7.76
10.59
10.21
9.94
9.22
8.89
7.73

.07
.20
.21
.23
.22
.18
.08

7.25-8.06
9.85-11.05
9.65-10.92
9.38-10.39
8.44-9.93
8.11-9.85
7.25-8.06

77.4
31.8
24.0
37.7
61.8
77.0
77.6

8.1
4.1
2.0
.8
3.4
4.6
8.2

Fed funds
Prime
Prime
Prime
Prime
None
Fed funds

19 Floating rate (thousands of dollars) . . . 13,702,578
87,752
20 1-24
117,921
21 25-49
22 50-99
220,461
23 100=499
1,226,625
24 500- 999
760,919
25 1000 and over
11,288,901

592
11
34
67
211
659
6,511

131
173
177
169
163
137
127

9.16
10.25
10.19
10.02
9.68
9.50
9.04

.17
.17
.17
.11
.07
.03
.21

8.77=9.91
9.38-11.02
9.38-11.02
9.38-10.47
8.84-10.24
8.84-9.96
8.17-9.84

74.2
85.7
84.1
84.7
88.1
86.7
71.5

6.3
.1
.1
.7
3.2
3.5
7.0

Prime
Prime
Prime
Prime
Prime
Prime
Prime

26 Total long term .

2,025,128

1,052

47

8.54

.37

7.44-9.31

71.4

5.9

Domestic

659,429
8,001
17,778
10,958
622,693

1,282
24
229
659
6,955

49
46
54
55
49

8.67
11.65
10.05
11.14
8.55

.27
.46
.40
1.61
.25

7.40-9.31
10.47-12.68
9.38-11.24
9.92-10.75
7.40-9.31

61.6
32.8
51.3
93.4
61.7

.0
3.2
.0
.0
.0

Fed funds
Other
Other
Other
Fed funds

32 Floating rate (thousands of dollars) . . . 1,365,699
33 1-99
23,817
34 100-499
76,668
65,457
35 500-999
36 1000 and over
1,199,757

968
29
220
684
7,781

46
35
39
58
46

8.48
10.64
9.98
9.75
8.27

.45
.25
.24
.27
.42

7.44=9.38
9.65-11.57
9.11=10.47
9.11-10.38
7.41-8.84

76.2
61.2
68.1
70.5
77.3

8.8
.5
4.3
.0
9.7

Domestic
Prime
Prime
Prime
Domestic

1 Overnight

14
15
16
17
18

25-49
50-99
100-499
500-999
1000 and over

Months

27 Fixed rate (thousands of dollars)
28 1-99
29 100-499
30 500-999
31 1000 and over

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

LOANS MADE BELOW PRIME* *
Overnight7
One month and under
Over one month and under a year
Demand8

12,097,787
4,375,543
2,339,880
2,873,816

11,188
5,981
4,401
4,746

*
15
121
*

7.46
7.79
7.94
7.56

7.20
7.51
7.71
7.32

8.50
8.50
8.50
8.50

75.2
S7.1
76.1
50.5

8.9
7.8
3.7
3.4

41 Total short term

21,687,026

7,351

19

7.59

7.33

8.50

74.4

7.4

42 Fixed rate
43 Floating rate

18,378,015
3,309,011

8,030
5,002

13
97

7.59
7.63

7.32
7.39

8.50
8.50

76.4
63.4

8.0
4.1

1,125,739

6,102

39

7.57

7.37

8.50

;14.3

.1

323,917
801,821

4,063
7,653

36
40

7.68
7.53

7.62
7.27

8.50
8.50

47.5
99.1

.0
.1

37
38
39
40

Months
44 Total long term
45 Fixed rate
46 Floating rate

64



21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made May 2^6
Weighted
Average
Amount
average 2
size
of loans
(thousands (thousands maturity
of dollars) of dollars)
Days

Characteristic

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base
pricing

OTHER BANKS
1 Overnight^

4,184,184

3,920

*

7.36

.10

6.98-7.59

90.9

2.5

Fed funds

2 One month and under
3 Fixed rate
, .
4 Floating rate

2,095,314
1,400,765
694,549

224
261
175

17
16
19

8.17
8.00
8.50

.16
.16
.38

7.43-8.44
7.43-8.33
7.50-9.40

75.2
85.4
54.6

12.3
16.4
4.1

Fed funds
Fed funds
Prime

5 Over one month and under a year
6 Fixed rate <>
....
7 Floating rate. „

4,257,374
1,695,680
2,561,695

68
53
85

163
109
199

9.56
9.55
9.57

.05
.20
.19

8.77-10.47
8.21-10.92
8.84-9.96

60.2
52.0
65.6

10.1
9.0
10.8

Prime
Fed funds
Prime

8 Demand8
9 Fixed rate
10 Floating rate.,,

6,767,386
813,245
5,954,141

135
180
131

*
*
*

9.42
8.11
9.59

.19
.24
.17

8.84-9.96
7.60-8.52
8.84-10.20

90.5
95.1
89.9

5.7
10.7
5.1

Prime
Fed funds
Prime

11 Total short term

17,304,259

141

70

8.80

.14

7.52-9.92

81.3

6.8

Prime

8,093,067
242,336
120,247
204,459
410,757
217,687
6,897,582

188
7
33
67
205
659
5,587

29
119
113
111
134
80
15

8.01
11.45
10.90
10.51
9.75
8.45
7.64

.20
.16
.20
.23
.24
.22
.18

7.28-8.26
10.38-12.47
9.92^11.91
9.84-11.04
8.78-11.02
7.73-9.11
7.22-7.92

82.2
23.9
28.2
30.7
38.1
68.5
89.8

7.1
.8
.8
1.2
4.0
11.1
7.7

Fed funds
Prime
Prime
Prime
Prime
Other
Fed funds

19 Floating rate (thousands of dollars) . . . 9,211,191
20
1-24
381,218
21 25-49
. .
428,750
636,486
22 50 99
23 100-499
2,164,922
1,265,279
24
500-999
25 1000 and over
4,334,536

116
9
34
66
193
649
2,761

161
154
145
169
157
198
151

9.50
10.67
10.41
10.23
9.91
9.59
8.98

.13
.05
.05
.06
.11
.05
.24

8.84-10.09
9.92-11.07
9.84-11.02
9.65-11.02
9.11-10.47
8.87-10.20
8.50-9.69

80.5
65.6
70.0
75.9
76.0
89.4
83.1

6.6
.6
2.2
2.9
6.2
12.1
6.7

Prime
Prime
Prime
Prime
Prime
Prime
Prime

12 Fixed rate (thousands of dollars)
13 1-24
,
14 25-49..
15 50-99
16 100-499 . . .
17 500 999
18 1000 and over

....

Months
1,630,375

115

52

9.69

.12

8.84-10.47

37.9

12.1

423,209
86,113
87,367
13,440
236,290

80
18
212
685
3,680

38
42
41
53
34

9.62
11.79
10.44
9.17
8.56

.47
.37
.33
.67
.37

7.58-11.02
10.47-12.40
9.92-11.83
8.39-10.75
7.58-9.40

51.2
14.3
14.0
70.0
77.4

.8
.7
3.3
.0
.0

Domestic
Other
Other
Fed funds
Domestic

32 Floating rate (thousands of dollars) . . . 1,207,166
173,955
33 1-99T
....
358,661
34 100-499
197,317
35 500-999
477,232
36 1000 and over

135
26
214
670
2,301

57
44
74
52
50

9.71
10.62
10.05
9.78
9.09

.12
.12
.19
.24
.29

8.87-10.47
9.84-11.30
9.38-10.75
9.38-9.93
8.84-9.84

33.3
25.8
23.9
32.1
43.5

16.0
4.9
5.7
12.4
29.4

Prime
Prime
Prime
Prime
Prime

26 Total long term
27 Fixed rate (thousands of dollars)
28 1-99
29 100 499
30 500-999
31 1000 and over

Loan rate (percent)
Days

Effective3

Nominal9

Prime

Prime
rate10

LOANS MADK BELOW PRIME11
Overnight7
One month and under
Over one month and under a year
Demand8
....

6,054
1,612
274
393

*
15
140
*

7.35
7.70
8.17
7.95

7.09
7.42
7.91
7.69

8.50
8.56
8.96
8.74

90.9
79.7
80.8
88.2

5.1
23.1
13.3
9.6

8,431,791

868

29

7.63

7.37

8.62

86.8

10.6

6,802,964
1,628,826

1,514
312

14
127

7.54
8.03

7.28
7.76

8.54
8.94

90.6
70.9

11.0
9.0

44 Total long term

338,290

399

35

8.17

7.90

8.90

83.1

26.6

45 Fixed rate
46 Floating rate

202,152
136,138

503
305

22
55

8.25
8.07

7.97
7.80

8.98
8.78

82.2
84.4

.0
66.2

37
38
39
40

41 Total short term
42 Fixed rate
43 Floating rate

....

4,160,426
1,667,654
1,231,582
1,372,128

Months




65

21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made August 1-5
Characteristic

Amount
Average
size
of loans
(thousands (thousands
of dollars) of dollars)

Weighted
average
maturity2
Days

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base
pricing
rate6

ALL BANKS
1 Overnight7

10,986,381

4,628

*

8.88

.12

8.48-9.14

76.4

3.2

Fed funds

2 One month and under
3 Fixed rate
4 Fioating rate

6,733,440
5,355,084
1,378,356

671
855
366

15
14
20

9.22
9.10
9.69

.11
.13
.24

8.59-9.45
8.48-9.28
8.63-10.75

79.8
77.3
89.7

7.6
7.7
7.2

Domestic
Domestic
Domestic

5 Over one month and under a year
6 Fixed rate
7 Floating rate

9,480,901
5,189,617
4,291,285

131
137
124

128
93
171

10.17
9.92
10.47

.13
.11
.18

9.29-10.92
9.11-10.52
9.84-11.04

77.1
75.2
79.5

16.0
17.9
13.6

Prime
Foreign
Prime

8 Demand8
9 Fixed rate .
10 Floating rate

17,489,752
3,107,635
14,382,117

227
624
199

*
*
*

10.27
8.88
10.58

.18
.18
.19

8.97-11.07
8.38-9.47
9.92-11.46

81.7
80.9
81.9

13.3
33.2
9.0

Prime
Domestic
Prime

11 Total short term

44,690,474

276

49

9.75

.13

8.67-10.52

79.1

10.5

Prime

24,638,508
267,711
164,686
209,305
590,502
412,330
22,993,972

479
7
31
64
189
663
7,066

27
102
122
104
80
51
23

9.15
11.89
11.56
10.83
10.37
9.87
9.04

.08
.14
.18
.10
.13
.10
.05

8.53-9.51
11.07-12.75
10.52-12.75
9.89-12.01
9.85-11.07
8.87-10.92
8.49-937

76.9
21.5
30.7
49.5
46.2
58.9
79.2

11.1
.0
.2
.3
1.7
10.5
11.6

Fed funds
Prime
Prime
Prime
Prime
Other
Fed funds

19 Floating rate (thousands of dollars) . . . 20,051,966
20
1=24 T
500,450
21 25=49
570,128
22 50-99
1,015,333
23 100-499
3,700,965
24 500-999
1,735,206
25 1000 and over
12,529,885

182
9
34
67
200
658
4,480

134
159
161
156
162
137
120

10.49
11.70
11.46
11.27
10.94
10.57
10.20

.17
.08
.06
.06
.09
.04
.22

9.84-11.30
11.02-12.19
10.92-12.13
10.52=12.13
9.96-11.57
9.92=11.03
8.84-11.02

81.9
74.9
80.7
83.4
86.8
89.0
79.7

9.9
.9
2.9
3.8
5.8
9.7
12.3

Prime
Prime
Prime
Prime
Prime
Prime
Prime

12 Fixed rate (thousands of dollars)
14
15
16
17
18

25-49
50-99
100-499
500-999
1000 and over

Months
26 Total long term

3,451,808

205

44

10.44

.19

9.54-11.30

62.7

17.6

Prime

27 Fixed rate (thousands of dollars) . .
28
1-99
29 100-499
30 500-999 .
31 1000 and over

1,349,955
142,752
116,774
66,310
1,024,120

183
22
236
698
7,391

42
60
60
36
38

9.92
11.53
11.06
10.87
9.50

.24
.33
.20
.47
.23

8.68-10.92
11.02^12.40
9.96-12.13
9.42=12.13
8.42=10.38

65.4
23.9
25.4
30.8
78.0

14.9
1.0
1.8
.0
19.4

Other
Prime
Prime
Prime
Fed funds

32 Floating rate (thousands of dollars) . . . 2,101,853
33 1-99 . . . . . .
204,847
34 100-499
379,400
35 500-999
171,316
36 1000 and over
1,346,290

222
28
228
672
4,531

44
49
49
42
43

10.77
11.59
11.03
10.64
10.59

.20
.15
.09
.16
.21

9.96-11.57
11.02-12.13
10.47-11.57
10.20-11.19
9.85-11.46

60.9
30.3
42.7
60.7
70.7

19.3
1.4
9.8
14.2
25.3

Prime
Prime
Prime
Prime
Prime

3.3
8.4
22.5
15.0

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

8.41
8.46
8.75
8.38

9.50
9.50
9.64
9.51

75.3
30.2
34.8
58.5

LOANS MADE BELOW PRIME11
Overnight7
,
One month and under
Over one month and under a year
Demand8

10,332,162
5,495,766
3,765,735
5,466,503

7,575
4,923
668
1,995

*
13
125
*

8.78
8.82
9.07
8.59

41 Total short term

25,060,166

2,308

28

8.79

8.47

9.52

76.3

9.9

42 Fixed rate
43 Floating rate

20,171,775
4,888,391

2,822
1,318

19
114

8.80
8.77

8.46
8.48

9.51
9.60

77.2
72.9

9.4
12.0

44 Total long term

950,417

624

34

8.87

8.60

9.56

91.4

5.5

45 Fixed rate
46 Floating rate

553,164
397,253

664
577

36
32

8.64
9.18

8.44
8.81

9.53
9.60

S9.7
93.8

6.1
4.8

37
38
39
40

Months

66



21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made August 1-5
Weighted
Average
Amount
average 2
of loans
size
(thousands (thousands maturity
of dollars) of dollars)
Days

Characteristic

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base
pricing
rate6

LARGK BANKS
1 Overnight7

8,980,522

6,888

*

8.91

.10

8.53-9.14

71.1

3.6

Fed funds

2 One month and under
3 Fixed rate
4 Floating rate

4,789,534
3,813,568
975,967

3,023
4,411
1,356

15
14
19

9.13
9.02
9.53

.15
.17
.31

8.45-9.36
8.40-9.24
8.63-10.34

87.4
85.7
94.1

6.6
6.8
5.7

Domestic
Domestic
Domestic

5 Over one month and under a year
6 Fixed rate
7 Floating rate

5,558,962
3,600,813
1,958,149

835
1,760
425

113
87
161

9.85
9.79
9.97

.09
.11
.17

9.11-10.47
9.21-10.47
8.79-10.95

86.5
86.3
87.0

20.4
21.4
18.7

Foreign
Foreign
Prime

8 Demand8
9 Fixed rate .
10 Floating rate

10,846,970
2,345,821
8,501,149

644
3,792
524

*
*
*

10.12
8.89
10.47

.35
.22
.37

8.64-11.02
8.37-9.38
9.00-11.46

76.5
87.2
73.5

16.3
40.2
9.7

Prime
Domestic
Prime

11 Total short term

30,175,989

1,144

37

9.55

.13

8.60-10.20

78.5

11.8

Prime

12 Fixed rate (thousands of dollars)

18,740,724
9,440
10,696
23,122
134,925
180,899
18,381,642

3,877
10
32
66
218
690
7,762

23
81
73
72
66
52
22

9.10
11.36
11.22
10.86
10.07
9.80
9.08

.07
.23
.26
.14
.21
.16
.07

8.53-9.45
10.52-12.03
10.63-12.02
9.96-11.47
9.27-10.92
9.07-10.40
8.53-9.41

79.0
29.1
32.7
37.9
66.1
74.6
79.2

12.3
.3
.0
1.6
3.1
10.2
12.4

Fed funds
Prime
Prime
Prime
Prime
Prime
Fed funds

19 Floating rate (thousands of dollars) . . . 11,435,264
75,948
20 1 24
21 25-49
112,215
215,149
22 50 99
23 100-499
1,172,111
24 500-999
787,149
9,072,692
25 1000 and over

531
11
34
66
211
667
5,710

114
142
134
141
135
127
109

10.30
11.38
11.29
11.13
10.82
10.60
10.17

.33
.11
.10
.07
.09
.04
.43

8.89-11.07
10.47-12.13
10.47-12.10
10.47-11.63
9.96-11.46
9.92-11.30
8.64-11.02

77.6
84.7
84.6
86.9
87.1
89.4
75.0

10.9
.6
.6
1.1
4.1
6.0
12.7

Prime
Prime
Prime
Prime
Prime
Prime
Prime

14
15
16
17
18

25-49
50-99
100-499
500-999
1000 and over

Months
1,567,629

847

40

9.79

.21

8.70-10.38

81.7

9.2

Prime

27 Fixed rate (thousands of dollars)
28 1-99
29 100-499
30 500-999
31 1000 and over

745,120
7,408
21,977
19,531
696,204

1,679
26
295
719
12,362

37
45
37
41
37

9.38
12.25
10.74
10.39
9.27

.24
.63
.24
.67
.25

8.37-10.15
11.30-12.96
9.96-11.40
9.25-11.40
8.37-9.92

83.7
48.5
31.2
58.7
86.5

17.2
4.9
2.0
.0
18.3

Fed funds
Other
Domestic
Domestic
Fed funds

32 Floating rate (thousands of dollars) . . .
33 1-99
34 100-499
35 500-999
36 1000 and over

822,509
25,806
94,858
66,310
635,534

584
35
212
657
5,339

42
40
45
45
41

10.17
11.68
11.04
10.70
9.92

.29
.28
.18
.27
.30

9.49-10.92
10.47-12.68
10.20-11.57
10.20-11.30
8.73-10.52

79.9
68.3
70.4
69.1
82.9

2.0
.8
5.8
4.6
1.2

Prime
Prime
Prime
Prime
Prime

26 Total long term

. .

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

LOANS MADE BELOW PRIME11
Overnight7
One month and under
Over one month and under a year
Demand8

8,389,197
4,085,120
2,631,792
4,406,948

7,868
6,078
4,537
4,998

*
13
125
*

8.80
8.79
8.98
8.62

8.43
8.43
8.66
8.43

9.50
9.50
9.50
9.50

69.6
87.4
88.1
66.3

3.8
7.1
23.1
15.4

41 Total short term

19,513,057

6,097

26

8.78

8.46

9.50

75.1

9.7

42 Fixed rate
43 Floating rate

15,604,762
3,908,296

6,338
5,295

17
110

8.81
8.66

8.48
8.39

9.50
9.50

76.7
68.5

9.9
9.2

37
38
39
40

Months
44 Total long term

726,379

5,184

34

8.81

8.57

9.50

94.5

4.6

45 Fixed rate
46 Floating rate

414,576
311,804

6,750
3,963

38
30

8.61
9.08

8.45
8.73

9.50
9.50

91.3
98.8

8.0
.1




67

21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made August 1-5
Characteristic

Weighted
Average
Amount
average
size
of loans
2
(thousands (thousands maturity
of dollars)
of dollars)
Days

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base
pricing
rate()

OTHER BANKS
1 Overnight7

2,005,859

1,874

*

8.74

.24

8.44-9.01

99.8

1.1

Domestic

2 One month and under
3 Fixed rate
4 Floating rate

1,943,906
1,541,517
402,389

230
286
132

16
15
22

9.47
9.31
10.08

.15
.19
.36

8.84-9.93
8.84-9.36
9.37-11.02

61.2
56.6
78.9

10.2
10.0
11.0

Domestic
Domestic
Prime

5 Over one month and under a year
6 Fixed rate
7 Floating rate

3,921,939
1,588,804
2,333,136

60
44
78

149
106
179

10.63
10.24
10.90

.08
.07
.16

9.84-11.47
8.82-11.46
9,92-11.51

63.8
50.1
73.1

9.6
10.1
9.3

Prime
Prime
Prime

8 Demand8
9 Fixed rate
10 Floating rate

6,642,782
761,814
5,880,968

110
175
105

*
*
*

10.52
8.87
10.73

.15
.31
.16

9.92-11.30
8.54-9.71
9.92^11.35

90.2
61.5
93.9

8.5
11.7
8.0

Prime
Domestic
Prime

11 Total short term

14,514,486

107

79

10.16

.14

8.97-11.02

80.5

8.0

Prime

12 Fixed rate (thousands of dollars)
13 1-24.....
14 25-49
15 50-99
16 100-499
17 500-999
18 1000 and over

5,897,784
258,271
153,990
186,183
455,578
231,431
4,612,331

127
7
31
64
181
644
5,204

38
102
126
109
84
51
23

9.31
11.91
11.59
10.83
10.45
9.93
8.88

.11
.13
.23
.14
.08
.15
.04

8.49-9.79
11.07-12.75
10.52-12.75
9.89-12.01
9.92-11.19
8.82-11.57
8.48-9.20

70.2
21.2
30.5
50.9
40.2
46.6
79.2

7.2
.0
2
J
1.3
10.8
8.6

Domestic
Prime,
Prime
Prime
Prime
Other
Domestic

19 Floating rate (thousands of dollars) . . .
20 1-24
.. .
21 25-49
22 50-99
23 100-499
24 500-999
25 1000 and over

8,616,702
424,502
457,913
800,183
2,528,853
948,057
3,457,193

97
9
34
67
195
650
2,862

156
161
165
158
170
143
146

10.75
11.75
11.51
11.31
10.99
10.55
10.27

.07
.06
.07
.09
.14
.07
.20

9.92=11.35
11.02-12.40
10 93 12 13
10.75=12.13
9.96=41.57
9.92-11.02
9.92-10.92

87.6
73.1
79.7
82.4
86.6
88.6
92.0

8.5
1.0
3.4
4.5
6.6
12.8
11.3

Prime
Prime
Prime
Prime
Prime
Prime
Prime

Months
1,884,179

126

47

10.98

.13

10.38-11.63

46.8

24.5

Prime

604,835
135,344
94,797
46,779
327,916

87
21
226
689
3,987

49
61
66
34
42

10.58
11.49
11.14
11.06
9.97

.30
.11
.30
.73
.38

10.00-11.43
11.02-12.40
9.93=12.13
10.92-12.13
8.47-10.50

42.9
22.6
24.1
19.1
60.1

12.2
.8
1.7
.0
21.6

Prime
Prime
Prime
Prime
Other

32 Floating rate (thousands of dollars) . . . 1,279,344
179,041
33 1-99
34 100-499
284,542
105,005
35 500-999
36 1000 and over
710,756

159
28
233
682
3,991

46
50
50
39
44

11.16
11.58
11.03
10.60
11.19

.09
.13
.06
.18
.15

10.65-11.78
11.02-12.13
10.47-11.63
10.24-11.02
10.79-11.78

48.6
24.8
33.5
55.4
59,7

30.4
1.5
11.1
20.3
46,9

Prime
Prime
Prime
Prime
Prime

26 Total long term
27 Fixed rate (thousands of dollars)
28 1-99
29 100-499
30 500-999
31 1000 and over

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

9.50
9.51
9.95
9.56

:oo.o

59.1
77.2
77.6

1.2
12.3
21.1
13.5

LOANS MADE BELOW PRIME11
Overnight7
One month and under
Over one month and under a year
Demand8

1,942,964
1,410,647
1,133,943
1,059,555

6,524
3,176
224
570

*
14
125
*

8.68
8.90
9.28
8.48

8.32
8.54
8.94
8.15

41 Total short term

5,547,109

724

37

8.82

8.47

9.61

80.7

10.4

42 Fixed rate
43 Floating rate

4,567,013
980,095

975
330

25
127

8.74
9.19

8.39
8.83

9.52
10.00

78.6
90.2

7.6
23.5

37
38
39
40

Months
44 Total long term

224,038

162

33

9.03

8.68

9.76

iU.3

8.5

45 Fixed rate
46 Floating rate

138,589
85,449

179
140

29
39

8.73
9.53

8.40
9.13

9.64
9.96

84.8
75.7

.3
21.7

68



21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made November 7-11
Amount
Average
of loans
size
(thousands (thousands
of dollars) of dollars)

Characteristic

Weighted
average
maturity2
Days

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base

p g

S

ALT, BANKS
1 Overnight7

10,032,481

4,728

*

9.27

.10

8.94-9.35

58.9

10.7

Fed funds

2 One month and under
3 Fixed rate
4 Floating rate

5,792,879
4,782,599
1,010,280

776
1,004
374

18
17
20

9.51
9.39
10.11

.19
.24
.16

9.11-9.95
9.11-9.70
9.36-10.49

77.9
76.6
84.2

12.2
13.5
6.1

Other
Other
Other

5 Over one month and under a year
6 Fixed rate . . .
. . .
7 Floating rate

6,938,988
4,276,464
2,662,525

129
154
102

141
105
199

10.51
10.15
11.10

.17
.20
.16

9.58-11.34
9.35-11.07
10.38-11.63

81.4
84.4
76.5

11.8
11.6
12.1

Prime
Domestic
Prime

8 Demand8
9 Fixed rate
10 Floating rate.

13,378,620
1,714,414
11,664,206

267
666
245

*
*
*

10.80
9.66
10.96

.20
.14
.20

9.25-12.01
9.00-10.22
9.57-12.13

83.4
92.4
82.1

8.4
15.7
7.3

Prime
Domestic
Prime

11 Total short term

36,142,969

318

48

10.11

.15

9.09-11.02

75.3

10.3

Prime

12 Fixed rate (thousands of dollars)
13 1 24
14 25-49
15 50 99
16 100-499
. .
17 500-999
18 1000 and over

20,378,070
199,044
124,207
147,692
377,087
334,234
19,195,807

547
8
33
64
184
671
7,885

29
106
99
98
89
47
26

9.51
12.19
11.52
12.10
10.86
10.03
9.42

.14
.16
.15
.30
.12
.11
.11

8.97-9.76
11.46-13.00
10.71-12.19
11.22-12.72
10.05-11.57
9.20-10.71
8.94-9,67

70.4
20.0
26.1
24.0
47.9
72.5
71.9

12.2
.1
3.6
.9
2.8
10.3
12.7

Fed funds
Other
Prime
Prime
Prime
Domestic
Fed funds

19 Floating rate (thousands of dollars) . . . 15,764,899
20
1-24
„
355,261
21 25 49
413,527
22
50-99
„
677,716
2,651,834
23 100-499
1,210,272
24 500-999.
... .
25 1000 and over
10,456,288

207
10
34
66
198
653
5,212

134
149
169
163
182
157
110

10.89
12.12
11.92
11.65
11.38
11.20
10.59

.19
.09
.08
.08
.06
.07
.23

9.62-11.91
11.55-12.68
11.30-12.68
11.02-12.13
10.52-11.91
10.47-11.85
9.20-11.63

81.8
69.3
77.6
79.5
86.0
86.0
80.9

7.8
.9
3.3
2.8
10.0
7.7
8.0

Prime
Prime
Prime
Prime
Prime
Prime
Prime

26 Total long term

2,576,575

173

47

10.79

.25

9.54-11.63

70.8

9.1

Prime

27 Fixed rate (thousands of dollars)

1,074,644
126,456
48,232
32,073
867,884

147
19
172
635
5,393

46
74
59
56
40

10.48
12.65
11.53
10.60
10.11

.43
.31
.27
.41
.22

9.12-11.29
11.57-12.68
11.00-12.40
9.64-11.49
8.88-11.07

79.7
26.4
35.3
85.6
89.7

3.1
.2
2.9
.0
3.7

Domestic
Other
Prime
Other
Domestic

32 Floating rate (thousands of dollars) . . . 1,501,931
33 1-99
152,876
362,589
34 100-499
137,278
35 500-999
849,187
36 1000 and over

196
27
220
657
3,942

49
63
48
53
46

11.00
12.05
11.69
11.30
10.47

.22
.17
.20
.21
.19

9.96-11.74
11.57-12.68
10.52^12.13
10.52^11.91
9.29-11.57

64.4
25.8
48.5
50.1
80.5

13.3
1.7
16.1
5.8
15.5

Prime
Prime
Prime
Prime
Prime

.

...

...

Months

29
30
31

100-499
500-999
1000 and over

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

LOANS MADE BELOW PRIMElx
Overnight7
One month and under
Over one month and under a year
Demand8

9,456,175
4,962,395
3,344,030
4,636,975

9,008
3,056
628
1,728

*
16
128
*

9.13
9.19
9.54
9.21

8.74
8.80
9.18
8.84

10.00
10.00
10.07
10.01

56.7
78.3
93.4
65.4

12.5
13.5
12.1
8.6

41 Total short term

22,399,574

2,096

30

9.22

8.84

10.01

68.8

11.9

42 Fixed rate
43 Floating rate

17,441,987
4,957,587

2,500
1,337

23
94

9.19
9.33

8.81
8.96

10.01
10.04

69.0
68.1

13.9
4.9

37
38
39
40

Months
44 Total long term
45 Fixed rate
46 Floating rate




1,015,037

750

31

9.43

9.11

10.11

94.0

9.8

512,241
502,796

813
695

26
37

9.20
9.66

8.94
9.27

10.02
10.19

91.7
96.3

.0
19.7

69

21. Terms of lending at commercial banks, 1988l—Continued
A. Commercial and industrial loans—Continued
Survey of loans made November 7-11
Characteristic

Amount
Average Weighted
average
size
of loans
2
(thousands (thousands maturity
of dollars) of dollars)
Days

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

|Lx>ans
made
tnder
ccmmitment
(percent)

Participation
loans
(percent)

Most
common
base
pricing
rate'1"

LARGE BANKS
1 Overnight7

7,580,092

7,985

*

9.36

.16

8.94-9.42

66.1

13.9

Fed funds

2 One month and under
3 Fixed rate
4 Floating rate

4,379,053
3,729,185
649,869

3,029
3,951
1,295

18
17
21

9.38
9.29
9.90

.29
.42
.18

9.11-9.89
9.04-9.70
9.30-10.47

76.8
75.2
85.9

12.4
13.8
4.6

Other
Other
Domestic

5 Over one month and under a year
6 Fixed rate
7 Floating rate

4,458,520
3,313,942
1,144,578

903
2,006
349

125
99
202

10.18
10.03
10.62

.14
.15
.27

9.44-11.07
9.35-10.94
9.88-11.48

91.7
93.9
85.5

11.9
14.4
4.6

Domestic
Domestic
Prime

8 Demand8
9 Fixed rate
10 Floating rate

8,766,153
976,243
7,789,910

634
2,411
580

*
*
*

10.78
9.89
10.90

.39
.17
.40

9.20-12.01
9.18-10.47
9.20-12.19

80.5
90.0
''9.3

6.3
1.4
6.9

Prime
Domestic
Prime

11 Total short term

25,183,818

1,190

39

10.00

.13

9.09-10.61

''7.5

10.6

Prime

12 Fixed rate (thousands of dollars)
13 1-24.....
14 25=49
15 50-99
16 100-499
17 500-999
18 1000 and over

15,177,755
7,762
10,019
20,468
118,503
169,961
14,851,042

3,877
10
33
67
217
693
8,547

28
81
73
60
55
34
28

9.52
11.78
11.38
11.42
10.76
10.27
9.50

.18
.22
.26
.32
.14
.08
.18

9.02-9.80
11.35-12.57
10.51-12.05
10.94-12.09
10.09-11.50
9.55-11.03
9.01-9.80

75.0
21.7

A6.7
69.7
78.3
75.1

13.6
.0
.0
.4
3.4
13.9
13.7

Fed funds
Prime
Prime
Prime
Prime
Domestic
Fed funds

19 Floating rate (thousands of dollars) . . . 10,006,063
61,274
20 1-24 T
.
21 25-49
92,129
22 50-99
178,726
23 100-499
898,907
24 500-999
595,723
25 1000 and over
8,179,305

580
11
34
67
209
658
6,774

112
133
154
157
148
150
104

10.73
11.88
11.75
11.53
11.24
11.07
10.61

.36
.15
.13
.13
.09
.07
.45

9.25-12.01
11.02-12.68
11.02-12.40
10.75-12.13
10.47-11.71
10.47-11.63
9.18-12.01

81.3
83.1
85.8
.£8.4
B.3
§2.1
79.4

6.2
.4
1.0
2.1
5.2
8.2
6.4

Prime
Prime
Prime
Prime
Prime
Prime
Prime

a.3

Months
1,538,426

972

42

10.22

.29

9.19-11.07

93.3

9.5

Domestic

27 Fixed rate (thousands of dollars)
28 1^99
29 100=499
30 500-999
31 1000 and over

815,479
5,155
9,015
12,287
789,021

2,081
25
244
648
6,179

39
46
61
43
39

10.06
12.46
10.68
10.09
10.04

.61
.44
.50
.72
.26

8.88-11.07
11.07-13.24
10.47-12.01
9.59-10.47
8.88-11.07

95.6
34.9
54.6
94.5
96.5

3.9
.0
.0
.0
4.1

Domestic
Other
Other
Other
Domestic

32 Floating rate (thousands of dollars) . . .
33 1-99
34 100-499
35 500-999 .
36 1000 and over

722,947
20,573
77,293
59,726
565,355

607
34
211
633
4,841

45
35
45
40
46

10.40
12.15
11.33
10.97
10.15

.29
.35
.25
.23
.31

9.28-11.57
11.02-12.75
10.52-11.73
10.38-11.71
9.23-11.07

90.6
6S.2
77.7
81.4
94.3

15.8
.5
5.5
8.7
18.6

Prime
Prime
Prime
Prime
Domestic

63.7
75.0
95.1
56.0

14.9
13.2
12.0
.5

26 Total long term

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

LOANS MADE BELOW PRIME11
Overnight7
One month and under .
Over one month and under a year
Demand8

7,039,554
3,867,427
2,708,342
3,317,365

10,028
5,576
5,569
5,428

*
17
121
*

9.20
9.15
9.54
9.18

8.80
8.77
9.19
8.81

10.00
10.00
9.99
10.00

41 Total short term

16,932,688

6,792

29

9.24

8.86

10.00

70.2

11.3

42 Fixed rate . . . .
43 Floating rate

13,004,772
3,927,916

7,002
6,180

22
96

9.23
9.25

8.85
8.88

10.00
10.00

72.2
63.5

14.5
.5

819,308

4,031

32

9.22

8.94

9.99

%.9

6.2

26
40

9.14
9.34

8.90
8.99

10.00
9.98

95.4
98.9

.0
15.0

37
38
39
40

Months
44 Total long term
45 Fixed rate . .
46 Floating rate

70



478,578
340,730

4,613
3,425

21. Terms of lending at commercial banks, 19881—Continued
A. Commercial and industrial loans—Continued
Survey of loans made November 7-11
Amount
Average
of loans
size
(thousands (thousands
of dollars) of dollars)

Characteristic

Weighted
average
maturity2
Days

Loan rate (percent)
Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans
made
under
commitment
(percent)

Participation
loans
(percent)

Most
common
base
pricing
rate6

OraiiR BANKS
1 Overnight^

2,452,389

2,092

*

8.99

.12

8.73-9.14

36.7

.7

Fed funds

2 One month and under
3 Fixed rate
4 Floating rate

1,413,826
1,053,415
360,411

235
276
164

17
17
18

9.92
9.72
10.49

.17
.19
.20

9.15-10.15
9.15-9.74
9.83-11.57

81.4
81.5
81.2

11.5
12.4
8.6

Fed funds
Fed funds
Other

5 Over one month and under a year
6 Fixed rate
7 Floating rate^

2,480,468
962,522
1,517,947

51
37
67

170
129
196

11.11
10.57
11.46

.13
.30
.08

10.38-11.85
9.23-11.96
10.92-11.85

62.8
51.9
69.8

11.7
2.1
17.7

Prime
Prime
Prime

4,612,468
738,171
3,874,297

127
340
114

*
*
*

10.82
9.36
11.10

.13
.16
.07

10.22-11.57
9.00-9.54
10.47-11.85

88.9
95.5
87.7

12.3
34.7
8.1

Prime
Domestic
Prime

10,959,151

119

71

10.36

.22

9.05-11.57

70.4

9.5

Prime

12 Fixed rate (thousands of dollars)
13 1-24
14 25-49
15 50-99
16 100-499
....
17 500-999
18 1000 and over

5,200,315
191,282
114,188
127,224
258,583
164,273
4,344,766

156
8
33
63
171
650
6,236

33
107
101
104
104
61
19

9.48
12.21
11.53
12.21
10.90
9.79
9.13

.21
.14
.13
.35
.22
.17
.13

8.83-9.52
11.46-13.10
10.92-12.19
11.46-12.83
10.05-11.63
9.00-10.38
8.79-9.27

56.9
19.9
24.8
20.4
37.9
66.5
61.2

8.1
.1
3.9
1.0
2.5
6.5
9.2

Fed funds
Other
Prime
Prime
Prime
Fed funds
Fed funds

19 Floating rate (thousands of dollars) . . .
20 1-24
21 25-49
22 50-99
23 100-499
24 500-999
25 1000 and over

5,758,836
293,988
321,398
498,989
1,752,928
614,549
2,276,984

98
9
33
66
193
648
2,851

161
151
171
164
191
162
128

11.15
12.17
11.97
11.69
11.45
11.32
10.52

.06
.08
.07
.06
.04
.10
.17

10.47-11.85
11.57-12.71
11.35-12.68
11.02-12.19
10.75-12.13
10.47-12.13
9.50-11.19

82.6
66.4
75.3
76.3
84.3
80.1
86.4

10.6
1.0
3.9
3.0
12.4
7.2
14.1

Prime
Prime
Prime
Prime
Prime
Prime
Prime

26 Total long term

1,038,149

56

11.62

.12

10.75-12.13

37.4

8.4

Prime

.45
.48
.14
.52
.13

10.86-12.40
11.57-12.68
11.02-12.40
9.66-11.85
10.76-10.86

29.4
26.1
30.8
80.0
21.2

.6
.2
3.6
.0
.0

Other
Other
Prime
Other
Other

.19
.09
.30
.25
.16

10.47-12.13
11.57-12.68
10.52-12.68
11.57-11.91
10.42-11.63

40.1
19.6
40.6
26.0
53.0

11.0
1.9
19.0
3.5
9.3

Prime
Prime
Prime
Prime
Prime

8 Demand8
„ .
9 Fixed rate . . „
10 Floating rate . .
11 Total short term

Months
78

27 Fixed rate (thousands of dollars)
28 1-99
29 100-499
30 500-999
31 1000 and over

259,165
121,301
39,217
19,786
78,862

38
18
161
628
2,374

66
76
59
64
57

11.82
12.66
11.72
10.92
10.82

32 Floating rate (thousands of dollars) . . .
33 1-99
34 100-499
35 500-999
36 1000 and over .

778,983
132,303
285,296
77,552
283,832

121
27
223
677
2,877

52
67
49
64
45

11.56
12.04
11.78
11.55
11.10

Loan rate (percent)
Days

Effective3

Nominal9

Prime
rate10

LOANS MADE BELOW PRIME11
37
38
39
40

Overnight7
One month and under
Over one month and under a year
Demand8

4 1 Total short term .
42 Fixed rate
43 Floating rate

.

.

.

2,416,621
1,094,967
635,688
1,319,610

6,950
.1,177
131
637

*
15
159
*

8.93
9.33
9.50
9.28

8.56
8.93
9.14
8.92

10.00
10.01
10.39
10.04

36.3
86.4
81.8
89.2

5.6
14.2
12.4
28.9

5,466,886

667

30

9.16

8.79

10.06

64.4

13.8

4,437,215
1,029,671

867
335

23
88

9.06
9.62

8.68
9.24

10.03
10.19

59.4
86.0

12.0
21.4

Months
44 Total long term

195,729

170

30

10.28

9.81

10.59

81.9

24.7

45 Fixed rate
46 Floating rate

33,663
162,066

64
260

26
31

10.03
10.34

9.57
9.86

10.41
10.63

39.3
90.7

.4
29.7




71

21. Terms of lending at commercial banks, 19881—Continued

B. Construction and land development loans
Survey of loans made February 1-3
Characteristic

Amount of Average
size
loans
(thousands (thousands
of dollars) of dollars)

Loan rate (percent)

Weighted
average
maturity
(months)2

Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans made
under
commitment
(percent)

Partici
pation
loans
(percent)

ALL BANKS
1 Total .. .

3,922,390

208

9

9.22

.21

8,43-9.92

83.7

25.1

2 Fixed rate (thousands of dollars)
3 1-24.....
4 25-49
5 50-99
6 100-499
7 500 and over

2,273,566
27,155
23,025
12,659
67,261
2,143,466

499
10
32
54
156
5,671

5
7
6
7
10
5

8.84
10.82
11.44
11.04
10.45
8.73

.32
.22
.37
.46
.52
.33

8.20-8.87
9.65-12.19
10.35-12.68
10.39-11.91
9.65-11.57
8.20-8.84

88.3
57.4
38.0
12.6
33.0
91.4

31.0
1.2
1.3
1.3
12.0
32.5

8 Floating rate (thousands of dollars)
9 1-24
10 25-49
11 50-99
12 100-499
13 500 and over

1,648,824
85,438
79,680
99,626
275,561
1,108,519

115
10
35
70
195
1,441

19
5
10
12
15
23

9.75
10.59
10.67
10.32
10.14
9.47

.15
.15
.11
.09
.09
.16

9.11-10.47
10.20-11.02
9 93 11 02
9.75-10.75
9.58-10.75
8.87-9.92

77.5
88.0
85.9
71.8
77.6
76.5

17.0
1.8
2.9
4.3
6.1
23.1

By type of construction
14 Single family
15 Multifamily
16 Nonresidential

361,630
327,594
3,233,166

35
252
442

11
10
9

10.48
9.69
9.04

.11
.13
.21

9.92-11.02
9.G 140.47
8.2^-9.38

71.9
93.8
84.0

2.1
21.4
28.1

17 Total

2,388,141

1,384

5

8.83

.20

8.2MU1

92.4

19.8

18 Fixed rate (thousands of dollars)
19 1-24.....
20 25-49
21 50-99
22 100-499 .
23 500 and over

1,635,743
843
1,143

6,014
11
34
225
14,908

8.66
10.26
10.48
*
8.21
8.66

.17
.22
.52
*
.39
.23

8.29-8.73
9.9240.75
9.9241.30
*
7 9 '> 9 94
8.29-8.73

99.2
85.5
73.5

7,899
1,624,790

3
11
22
*
12
3

84.8
99.4

19.5
37.6
16.0
*
41.1
19.4

752,399
4,487
8,210
15,714
73,123
650,865

518
11
36
70
218
2,712

12
8
11
9
12
12

9.22
10.42
10.11
10.01
9.84
9.11

.20
.26
.13
.11
.09
.21

8.84-9.92
9.92-11.02
9.79-10.47
9.65-40.47
9.42-40.20
8.43-9.65

77.4
91.8
95.9
92.4
96.1
74.7

20.4
4.0
5.9
1.5

25,863
216,039
2,146,240

67
730
2,063

11
4
5

10.08
9.45
8.76

.09
.19
.20

9.92-40.47
8.87-10.20
8.29-8.87

94.1
93.4
92.2

8.0
23.9
19.5

1,534,249

90

16

9.83

.29

9.11-11.00

70.3

33.4

637,823
26,312
21,882
11,592
59,362
518,676

149
10
32
53
150
1,928

9
7
5
7
10
9

9.32
10.84
11.49
11.18
10.75
8.95

.50
.38
.54
.45
.74
.75

7.71-11.30
9.6942.19
10.3942.68
10.3941.91
9.6541.57
7.71-10.25

60.2
56.5
36.2
8.3
26.2
66.5

60.5
.0
.6
.0
8.2
73.5

896,425
80,951
71,469
83,912
202,438
457,655

70
10
35
70
188
865

23
5
10
12
15
33

10.19
10.60
10.73
10.38
10.24
9.97

.11
.18
.14
.13
.11
.20

9 4? 10 75
10.24-11.02
10.20=11.03
9.75-10.79
9.65-11.02
9.11-40.24

77.5
87.8
84.8
67.9
70.9
79.1

14.2
1.7
2.5
4.8
43
24.2

335,767
111,556
1,086,926

34
111
173

11
19
17

10.51
10.15
9.59

.18
.17
.31

9 92-11.02
9.65-10.75
7.7141.02

70.2
94.7
67.8

1.6
16.5
45.0

LARGE BANKS

24 Floating rate (thousands of dollars)
26
27
28
29

25-49
50-99
100-499
500 and over

By type of construction
30 Single family
31 Multifamily
32 Nonresidential

n.i

22.2

OTHER BANKS
33 Total
34 Fixed rate (thousands of dollars) . . .
36
37
38
39

25-49
50=99
100-499
500 and over . . . .

40 Floating rate (thousands of dollars)
41 1-24
.
42 25=49
43 50-99
44 100-499
45 500 and over
By type of construction
46 Single family
,
47 Multifamily
48 Nonresidential

72



21. Terms of lending at commercial banks, 19881—Continued
B. Construction and land development loans—Continued
Survey of loans made May 2-6
Amount of Average
size
loans
(thousands (thousands
of dollars) of dollars)

Characteristic

ALL BANKS

Loan rate (percent)

Weighted
average
maturity
(months)2

Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans made
under
commitment
(percent)

Participation
loans
(percent)

1 Total

4,023,264

257

11

9.29

.22

8.84-9.92

88.3

16.6

2 Fixed rate (thousands of dollars) .
3 1-24
4 25-49
...
5 50 99
6 100 499
7 500 and over

1,350,175
21,102
20,756
21,944
98,581
1,187,793

375
11
38
63
147
9,437

3
20
9
8
20
2

8.69
11.66
11.62
11.81
10.82
835

.52
.21
.27
.37
.29
.68

7.37-9.28
11.02-12.13
11.02-12.13
11 57 13 31
10.38-11.57
7.37-9.08

95.5
54.4
48.6
45.6
79.9
99.3

20.9
.0
.4
.9
4.6
23.4

8 Floating rate (thousands of dollars)
9 1 24
10 25 49
11 50-99..
12 100 499
13 500 and over

2,673,089
56,900
69,211
93,560
515,670
1,937,747

222
10
35
67
222
3,954

18
10
9
11
10
23

9.59
10.75
10.60
10.46
10.71
9.18

.18
.12
.14
.14
.19
.16

8.84-10.24
9 93 11 02
9.92-11.02
9.92-11.02
9.96-11.02
8.84-9.42

84.7
87.4
79.6
79.2
62.0
91.1

14.4
2.0
2.9
5.6
7.5
17.5

By type of construction
14 Single family
15 Multifamily
16 Nonresidential

507,335
187,055
3,328,873

64
242
476

10
12
12

10.38
9.35
9.12

.24
.18
.24

9.92-11.07
9.22-9.92
8.36-9.69

82.4
89.2
89.2

8.9
6.2
18.4

LARGE BANKS
17 Total

2,891,114

1,421

11

8.83

.26

8.36-9.38

99.4

20.8

18 Fixed rate (thousands of dollars)
19 1-24
...
20 25-49
21 50-99
22 100-499
23 500 and over

1,123,599
815
914
1,199
4,771
1,115,900

4,613
9
34
64
236
12,369

1
10
23
22
9
1

8.29
10.72
10.25
9.48
9.08
8.28

.75
.21
.44
.30
.44
1.03

7.37-9.08
10.20-11.02
9,42-10.75
8.84-9.96
8.50-9.29
7.37-9.08

99.8
72.8
80.8
75.8
70.4
100.0

24.9
.0
9.2
17.4
24.1
24.9

24 Floating rate (thousands of dollars)
25 1-24 .
26 25 49
27 50-99
28 100-499
29 500 and over

1,767,515
6,409
8,585
14,558
86,608
1,651,356

987
10
35
70
229
5,458

24
12
15
18
16
25

9.18
10.22
10.11
9.96
9.98
9.12

.20
.15
.11
.17
.20
.25

8.84-9.42
9.65-10.75
9 79 10 47
9.38-10.24
9.42-10.47
8.84-9.42

99.1
93.7
94.7
95.0
95.1
99.4

18.2
9.8
6.3
9.6
12.4
18.7

By type of construction
30 Single family
31 Multifamily
32 Nonresidential

92,235
114,789
2,684,090

227
324
2,106

5
10
12

9.16
9.00
8.81

.36
.30
.29

8 85 10 20
7.37-9.65
8 33 9 17

97.1
97.2
99.5

45.4
4.2
20.7

1,132,150

83

12

10.44

.20

9.69-11.02

60.2

6.0

226,576
20,287
19,842
20,745
93,810
*

67
11
38
63
145
*

13
20
9
7
20
*

10.65
11.70
11.69
11.95
10.91
*

.40
.28
.25
.28
.26
*

9.22-11.63
11.02-12.13
11.35-12.13
11.57-13.31
10.38-11.57
*

74.1
53.7
47.1
43.9
80.4
*

1.5
.0
.0
.0
3.6
*

905,574
50,491
60,626
79,003
429,062
286,392

88
10
35
67
220
1,527

11
9
8
10
9
16

10.39
10.81
10.67
10.55
10.86
9.51

.19
.15
.22
.19
.19
.19

9.69-11.02
10.20-11.02
9.92-11.07
9.92-11.02
10.47-11.07
9.11-9.92

56.7
86.6
77.5
76.3
55.4
43.6

7.1
1.0
2.4
4.8
6.6
10.5

415,101
72,266
644,783

55
173
113

11
14
12

10.65
9.91
10.37

.21
.18
.28

9.96-11.48
9.22-10.47
9 38 11 02

79.1
76.4
46.1

.8
9.5
8.9

OTHER BANKS
33 Total
34 Fixed rate (thousands of dollars)
36
37
38
39

25-49
„
50-99
..
100 499
500 and over

40 Floating rate (thousands of dollars)
41 1-24
42 25-49
43 50-99 .
44 100-499
45 500 and over
By type of construction
46 Single family
..
47 Multifamily
48 Nonresidential




....

73

21. Terms of lending at commercial banks, 19881—Continued
B. Construction and land development loans—Continued
Survey of loans made August 1-5
Amount of Average
size
loans
(thousands (thousands
of dollars) of dollars)

Characteristic

Loan rate (percent)

Weighted
average
maturity2
(months)

Weighted
average
effective3

Standard
error4

Intereji;artile
range5

Ixjans made
under
commitment
(percent)

Participation
loans
(percent)

ALL BANKS
1 Total

3,565,113

179

11

10.54

.15

9.92-11.04

89.4

22.4

2 Fixed rate (thousands of dollars)

1,453,594
43,845
69,156
44,427
143,434
1,152,732

177
9
38
62
215
8,431

6
21
11
14
22
3

10.09
11.92
11.64
12.33
10.84
9.75

.30
.20
.22
.37
.29
.87

9.52-10.45
11.35-12.75
11.45-11.57
12.19-12.75
8.65-11.57
9.52-10.23

85.8
64.3
58.5
32.5
20.6
98.4

23.1
.0
.0
.0
1.5
28.9

2,111,519
52,745
65,978
109,828
565,492
1,317,476

180
10
38
69
228
2,782

15
9
9
13
17
15

10.84
11.52
12.15
11.50
11.06
10.60

.12
.08
.24
.15
.08
.11

10.47-11.33
11.G2~12.13

11.0:^41.85
10.75-11.57
10.2*7-11.02

91.8
92.5
64.2
86.1
94.6
92.5

21.9
2.1
2.4
1.9
2.5
33.6

784,307
235,273
2,545,532

67
214
357

12
11
10

11.12
11.13
10.30

.17
.20
.16

10.92-11.57
10.45-11.57
9.63-10.75

85.0
85.2
91.1

2.2
.4
30.6

4
5
6
7

25-49
50-99
100-499
500 and over

....

8 Floating rate (thousands of dollars)
10
11
12
13

25-49
50-99
100-499
500 and over

By type of construction
14 Single family
....
15 Multifamily
16 Nonresidential

...

11.0:^-14.17

LARGE BANKS
17 Total

2,166,922

1,032

6

10.15

.21

9.63-10.55

98.5

33.5

18 Fixed rate (thousands of dollars)
19 1-24
20 25-49
21 50-99
22
100-499
23 500 and over

1,113,385
834
2,186
2,068
9,052
1,099,245

3,430
9
36
75
203
10,938

3
11
2
14
5
3

9.79
11.09
10.67
10.50
10.06
9.78

.22
.17
.36
.49
.34
.31

9.52-10.23
10.86-11.30
9.92-11.02
9.92-11.57
9.39-10.47
9.52-10.23

99.7
68.0
83.2
66.8
80.9
100.0

30.1
.0
.0
.0
23.6
30,3

24 Floating rate (thousands of dollars)
25 1-24
26 25-49
27 50-99
28 100-499
29 500 and over

1,053,537
5,769
12,154
18,838
82,499
934,278

593
11
36
71
217
3,423

11
9
17
19
18
11

10.53
11.41
11.13
11.06
10.89
10.47

.17
.14
.14
.16
.12
.16

10.1C-11.02
11.02-12.01
10.75-11.57
10.6S-11.57
10.49-11.30
10.1C-10.7S

97.1
88.9
94.1
95.2
97.5
97.2

37.0
4.1
2.3
4.1
10,2
40.7

82,354
146,154
1,938,413

164
501
1,485

12
5
6

11.13
10.68
10.07

.30
.18
.19

10.75-11.57
10.34-11.02
9.52-10.47

97.5
83.4
99.6

15,3
,4
36,8

1,398,191

78

18

11.14

.15

10.61-11.57

75.3

5,1

340,209
43,011
66,970
42,359
134,382
*

43
9
38
61
216

17
21
11
14
23

11.08
11.94
11.67
12.42
10.89

.57
.26
.13
.27
.30

10.75-12.19
11.46-12.75
11.46-11.57
12.68-12.75
8.66-11.57
*

40.1
64.3
57.7
30.9
16.6
*

.0
.0
.0
.0
.0

1,057,982
46,976
53,824
90,990
482,993
383,199

106
10
38
68
230
1,910

19
9
8
12
16
23

11.16
11.54
12.39
11.59
11.09
10.93

.09
.10
.42
.24
.06
.11

10.61-11.57
11.02-42.13
11.02-44.17
11.02-42.13
10.75-11.57
10.52-41.04

86.6
92.9
57.4
84.3
94.1
80.9

6.8
1.9
2.4
1.4
1.2
16.3

701,953
89,119
607,119

63
110
104

12
17
22

11.12
11.87
11.06

.20
.31
.20

11.02-41.57
11.02-43.03
10.52-41.57

83.5
88.3
63.8

.6
.4
11.0

By type of construction
30 Single family
31 Multifamily
32 Nonresidential

....

OTHER BANKS
33 Total
34 Fixed rate (thousands of dollars)
36
37
38
39

25-49
50-99
100-499
500 and over

40 Floating rate (thousands of dollars)
42
43
44
45

25-49
50-99
100-499
500 and over

By type of construction
46 Single family
47 Multifamily
48 Nonresidential ....

74



*

21. Terms of lending at commercial banks, 19881—Continued
B. Construction and land development loans—Continued
Survey of loans made November 7-11
Characteristic

Amount of
loans
(thousands
of dollars)

Average
size
(thousands
of dollars)

Loan rate (percent)

Weighted
average
maturity
(months)2

Weighted
average
effective3

Standard
error4

Interquartile
range5

Loans made
under
commitment
(percent)

Participation
loans
(percent)

ALL BANKS
2,404,957

196

15

11.04

.14

10.62-11.57

84.9

17.2

718,378
19,298
13,750
6,219
27,971
651,141

170
6
34
76
214
3,076

7
5
10
10
18
6

10.41
11.59
11.64
11.44
11.27
10.31

.20
.25
.19
.27
.32
.21

9.92-10.64
11.05-12.13
11.02-12.13
11.26-11.57
10.61-12.13
9.92-10.64

81.6
75.9
63.4
68.4
74.8
82.5

7.4
.0
.0
.0
30.4
6.8

8 Floating rate (thousands of dollars)
9 1 24
10 25-49
11 50 99
12 100-499
13 500 and over

1,686,579
42,052
45,693
76,861
251,029
1,270,943

209
10
36
67
228
2,765

20
11
8
9
16
22

11.30
12.12
11.83
12.18
11.57
11.15

.10
.11
.10
.12
.05
.15

11.02^11.57
11.57-12.68
11.57-12.19
11.57-13.31
11.03-11.85
11.02^11.57

86.4
83.8
85.9
89.1
88.4
85.9

21.3
3.4
4.6
2.6
3.1
27.3

By type of construction
14 Single family
15 Multifamily
16 Nonresidential

304,238
235,929
1,864,790

40
304
470

13
23
14

11.44
10.98
10.98

.12
.16
.16

11.02-12.13
9.92-11.57
10.61-11.57

82.1
49.4
89.9

1.1
1.7
21.8

1,418,010

897

14

11.02

.21

10.64-11.30

88.6

27.2

10.46
11.45
11.43
*

10.34-10.64
10.94-11.57
11.31-11.57
*

95.1
79.2
80.1
*

1 Total
2 Fixed rate (thousands of dollars)
3 1 24
4 25-49
,
5 50 99
6
100-499
„
7 500 and over

LARGE BANKS
17 Total
18 Fixed rate (thousands of dollars)
19 1-24
.
20 25 49
21 50-99
22 100 499
23 500 and over

484,890
669
665
*

2,888
11
33
*

478,966

9,566

2
7
9
*
*
2

10.46

.23
.45
.34
*
*
.24

10.34-10.64

95.2

9.5
.0
.0
*
*
9.3

24 Floating rate (thousands of dollars)
25 1 24
26 25-49
. .
27 50-99
28 100-499
29 500 and over

933,121
4,701
5,965
12,357
99,219
810,879

660
10
36
71
253
3,587

21
10
14
15
16
21

11.31
12.15
11.63
11.74
11.54
11.27

.12
.18
.16
.11
.07
.15

11.02-11.57
11.57-12.75
11.30-12.13
11.30-12.13
11.30-11.85
11.02-11.57

85.2
88.7
92.6
97.8
95.3
83.7

36.4
1.1
.8
7.3
1.7
41.6

91,849
143,194
1,182,967

152
911
1,443

15
25
13

11.60
11.31
10.94

.14
.12
.21

11.30-12.01
11.02-11.57
10.64-11.30

92.6
63.3
91.3

.0
1.4
32.5

33 Total

986,946

92

17

11.06

.22

10.47-11.57

79.7

2.7

34 Fixed rate (thousands of dollars)
35 1 24
36 25-49 ..
.
.
37 50 99
38 100 499
39 500 and over

233,488
18,629
13,085
5,311
24,289
*

58
6
34
77
223
#

16
5
10
8
19
*

10.31
11.59
11.65
11.52
11.32
*

.35
.21
.24
.48
.43
*

9.42^11.02
11.06-12.13
11.02-12.13
11.35-11.57
10.67-12.13
*

53.4
75.8
62.5
65.0
72.2
*

2.9
.0
.0
.0
27.6
#

40 Floating rate (thousands of dollars)
41 1 24
42 25-49
43 50-99. ..
.
.
44 100 499
45 500 and over

753,458
37,351
39,72764,504
151,811
460,064

113
10
36
67
213
1,970

18
11
7
9
16
23

11.30
12.12
11.86
12.27
11.59
10.95

.17
.14
.11
.19
.06
.24

10.75-11.63
11.57-12.68
11.57-12.19
11.57-13.31
11.02-12.13
10.47-11.57

87.8
83.1
84.9
87.5
83.9
89.8

2.6
3.6
5.2
1.7
4.0
2.0

By type of construction
46 Single family
47 Multifamily
48 Nonresidential

212,389
92,735
681,823

31
150
216

13
22
18

11.37
10.47
11.05

.21
.31
.27

11.02-12.17
9.92-11.02
10.47-11.57

77.6
27.9
87.4

1.5
2.0
3.2

By type of construction
30 Single family
31 Multifamily
32 Nonresidential
OTHER BANKS




75

21. Terms of lending at commercial banks, 19881—Continued
C. Loans to farmers
Survey of loans made February 1-5
Size class of loans (thousands)

Characteristic
All sizes

1
2
3
4
5
6
7
8
9
10
11
12

ALL BANKS
Amount of loans (thousands of dollars)
Number of loans.
Weighted average maturity (months)2
Weighted average interest rate (percent)3
Standard error4
Interquartile range5
.

21
22
23
24
25
26
27
28
29
30
31
32

41
42
43
44
45
46
47
48
49
50
51
52

$100-249

i250
and over

$125,425
8,225
11.8
11.55
.69
10.78-12.10

$147,492
4,305
16.8
11.06
.77
10.50-11.76

$174,367
2,534
24.7
11.07
.61
10.5(1-11.75

$215,790
1,467
28.3
11.03
.51
10.52-11.61

$312,427
568
11.2
10.52
.98
9.04-11.07

10.26
12.53
11.05
12.02
10.31
10.82

11.51
11.67
11.57
11.53
11.57
11.69

11.20
12.06
11.47
14.44
9.89
10.94

11.31
10.72
11.15
11.04
11.02
10.86

10.76
10.16
10.95
*

10.36
*
11.16
*

9.48
13.54
10.43
*

11.10

11.31

9.54

.

58.4
59.5

45.4
43.6

54.8
49.2

66.3
38.7

70.5
52.6

48.5
54.9

60.3
85.5

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

18.5
8.6
47.6
4.8
6.0
14.5

12.1
6.4
64.1
8.4
1.6
7.4

15.1
6.2
54.6
6.6
2.5
15.0

17.4
11.0
38.6
7.2
8.9
16.9

11.0
2.2
49.8
*

14.5
*
55.8
*

29.2
17.5
36.9
*

22.5

16.7

9.5

$319,986
4,649
14.9
9.66
.33
9.04-10.38

$8,572
2,158
8.5
10.71
.32
10.17-11.20

$13,560
895
10.0
10.51
.59
9.92-11.00

$17,759
506
8.2
10.32
.74
9.85-10.68

$23,906
440
16.2
10.06
.59
9.60-10.52

$61,070
388
12.3
10.13
.48
9.60-10.52

$190,120
263
16.7
9.28
.30
8.84-41.84

9.43
9.71
9.90
10.48
9.25
9.76

9.82
10.56
10.84
11.52
10.92
10.82

10.35
10.86
10.45
11.61
10.64
10.28

10.26
*
10.20
*
10.82
10.49

10.22
9.89
:10.04
*
*
:,0.05

10.13
10.22
*
*
9.82

9.09
9.54
9.40
*
*
9.54

86.4
88.8

90.6
81.9

93.2
77.7

92.3
81.2

91.9
87.1

94.3
89.4

81.7
90.7

34.5
9.7
30.7
2.1
7.8
15.2

13.4
4.1
63.3
1.8
6.0
11.4

11.7
6.7
55.5
5.4
4.6
16.0

18.9
*
47.6
*
6.4
17.8

18.6
9.3
44.4
*

38.8

39.5
11.8
21.9
«
*
15.6

$753,537
38,879
18.1
11.57
.35
10.93-11.95

$89,452
24,272
8.2
11.66
.14
11.02-12.31

$111,865
7,330
12.0
11.67
.36
10.78-12.19

11.32
13.95
11.32
12.25
10.98
11.30

11.69
11.74
11.64
11.53
*
11.83

11.28
*
11.60
*
*
11.03

11.47
*
11.31
*
*
10.91

*
*
11.11
*
*
11.29

46.5
47.0

41.1
39.9

50.1
45.8

62.7
32.9

(56.2
45.7

11.7
8.1
54.8
5.9
5.2
14.2

11.9
6.6
64.2
9.1
*
7.1

15.5
*
54.5
*
*
14.8

17.2
*
37.3
*
*
16.8

#
50.9
*
*
;»2.9

By purpose of loan
Feeder livestock.
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
.
Other

LARGE BANKS12
Amount of loans (thousands of dollars)
Number of loans
Weighted average maturity (months)2
Weighted average interest rate (percent)3
Standard error4 5
Interquartile range
By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

By purpose of loan
Feeder livestock .
.
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other
OTHER BANKS12
Amount of loans (thousands of dollars)
Number of loans
Weighted average maturity (months)2
Weighted average interest rate (percent)3
Standard error4
Interquartile range5
By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

Percentage of amount of loans
53 With floating rates
54 Made under commitment
55
56
57
58
59
60

$50-99

$98,023
26,430
8.2
11.57
.35
10.92-12.26

Percentage of amount of loans
33 With floating rates .
34 Made under commitment
35
36
37
38
39
40

$25-49

$1,073,523
43,529
17.5
11.00
.48
10.24-1L61

Percentage of amount of loans
13 With floating rates
14 Made under commitment
15
16
17
18
19
20

$10-24

$1-9

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

76



...

20.8

36.6
*
*
11.1

$129,734
$145,460
3,798
2,095
17.5
25.8
11.16
11.27
.21
.13
10.77-11.77 10.78=11.79

$154,720
1,079
31.7
11.38
.16
10.97 12 10

11.3

*
*
*
*
*
*
*
*
*
»
*

30.4
41.3

*

63.4

*
*
*
*
»
*

21. Terms of lending at commercial banks, 19881—Continued
C. Loans to farmers—Continued
Survey of loans made May 2-6
Size class of loans (thousands)

Characteristic
All sizes

$1-9

$10-24

$25-49

$50-99

$100-249

and over

ALL BANKS
1
2
3
4
5
6

Amount of loans (thousands of dollars)
Number of loans ....
Weighted average maturity (months)2
Weighted average interest rate (percent)3
Standard error4
Interquartile range5

7
8
9
10
11
12

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

Percentage of amount of loans
13 With floating rates
14 Made under commitment
15
16
17
18
19
20

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other..
. .

$1,085,959
52,897
13.1
10.68
.18
9.75-11.50

$132,173
35,635
8.3
11.51
.37
10.78-12.13

$137,358
9,482
12.3
11.37
.16
10.75-12.15

$140,949
4,042
11.8
11.38
.27
10.73-12.10

$124,976
1,900
16.3
10.74
.46
9.96-11.38

$186,371
1,274
6.1
10.58
.32
9.96-11.02

$364,130
563
19.9
9.88
.45
8.95-10.52

10.53
10.56
10.89
11.30
9.75
10.42

11.42
11.77
11.43
12.03
10.89
11.78

11.19
11.62
11.38
11.70
11.20
11.12

11.50
12.36
11.16
*
*
11.47

11.37
9.99
10.77
*
*
10.81

10.79
*
10.44
*
*
10.67

9.84
*
10.05
#
*
10.07

57.5
48.3

56.0
42.8

51.0
37.2

58.1
44.2

67.1
64.6

61.3
39.0

55.1
55.1

22.1
5.9
45.6
3.9
3.6
18.9

8.7
3.6
71.0
7.6
1.7
7.5

8.9
5.4
63.1
9.5
3.1
9.8

16.1
6.7
61.5
#
*
8.9

21.6
12.4
44.0
*
*
9.5

29.9
*
50.7
#
*
13.8

30.5
#
21.4
#
*
36.3

$363,068
4,850
6.9
9.70
.16
9.08-10.38

$9,236
2,310
8.2
10.80
.34
10.16-11.30

$14,104
951
10.1
10.47
.12
9.84-11.02

$18,076
540
11.9
10.44
.21
9.92-10.92

$30,452
460
9.9
10.19
.44
9.58-10.75

$53,489
367
8.1
9.97
.24
9.38-10.65

$237,710
222
5.1
9.43
.21
8.77-9.92

9.62
9.77
9.86
10.66
10.59
9.52

10.11
11.06
10.79
12.08
11.43
10.57

10.32
*
10.45
10.74
10.59
10.47

10.17
10.27
*
*
10.85

9.92
10.94
10.15
*
*
10.09

9.94
*
*
10.25

9.52
*
9.43
*
*
9.29

76.6
79.2

89.0
82.8

90.8
80.8

98.1
81.6

93.8
86.2

94.4
92.1

67.5
75.0

33.8
7.0
32.8
.9
.8
24.7

8.3
4.2
70.6
4.2
2.9
9.8

7.2
*
68.6
4.7
3.0
15.3

9.8

64.5
#
*
15.4

20.2
8.7
44.6
*
*
20.4

31.1
#
48.1
*
*
15.6

40.5
i*
21.9
#
*
29.1

$722,891
48,047
14.7
11.17
.07
10.52-12.03

$122,937
33,326
8.3
11.56
.14
10 78 12 19

$123,254
8,531
12.5
11.48
.10
10 78 12 19

$122,873
3,501
11.8
11.52
.15
10.77-12.13

$94,525
1,441
17.7
10.92
.14
10.50-11.50

$132,882
907
5.7
10.82
.20
10.52-11.23

*
*
*
*
*
*

11.49
11.08
11.22
11.35
9.68
11.11

11.51
11.83
11.48
12.03
*
11.91

11.27
11.64
11.49
11.75
*
11.25

11.61
*
11.30
*
*
11.65

*
*
10.97
*
*

*
*
10.62
*
*
*

*
*
*
*
#
*

48.0
32.7

53.5
39.8

46.4
32.2

52.2
38.7

58.5
57.6

48.0
17.6

*
#

16.3
5.3
51.9
5.5
5.0
16.1

8.7
3.6
71.0
7.9
*
7.3

9.1
5.9
62.5
10.1
*
9.2

17.0
*
61.0
*
*
7.9

*
43.8
*
*
*

*
#
51.8
*
*
*

*
*
*
*
*
#

lARGEBANKS 12
21
22
23
24
25
26
27
28
29
30
31
32

Amount of loans (thousands of dollars)
Number of loans
Weighted average maturity (months)2 3
Weighted average interest rate (percent)
Standard error4 5
Interquartile range
By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other
,

Percentage of amount of loans
33 With floating rates
34 Made under commitment
35
36
37
38
39
40

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

9.96

OTHER BANKS12
41
42
43
44
45
46
47
48
49
50
51
52

Amount of loans (thousands of dollars)
Number of loans
Weighted average maturity (months)2 3
Weighted average interest rate (percent)
Standard error4
Interquartile range5
By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other ..

Percentage of amount of loans
53 With floating rates
54 Made under commitment ....
55
56
57
58
59
60

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other




77

21. Terms of lending at commercial banks, 19881—Continued
C. Loans to farmers—Continued
Survey of loans made August 1-5
Size class of loans (thousands)

Characteristic
All sizes

$1-9

$10=24

$25-49

$50^9

$100-249

an^Qr

ALL BANKS
1
2
3
4
5
6
7
8
9
10
11
12

Amount of loans (thousands of dollars)
Number of loans
Weighted average maturity (months)2
Weighted average interest rate (percent)3
Standard error4
Interquartile range**

Percentage of amount of loans
13 With floating rates
14 Made under commitment
15
16
17
18
19
20

27
28
29
30
31
32

$H5,963
1,920
8.2
11.75
.32
11 27=12.28

$167,437
1,133
5.2
11.53
.38
10.77-12.28

$403,220
333
8.0
11.27
.79
10.38=11 85

11.64
11.86
11.85
11.99
11.88
11.89

11.15
11.52
11.75
11.54
11.26
11.69

11.03
12.39
11.51
11.92

12.03
*
11.48
*
*
11.80

11.71
*
11.35
*
*
11.52

10.81
*
11.39
*
*
10.31

62.1
47.1

43.2
43.5

47.8
41.5

46.5
53.8

55.0
49.9

54.9
55.0

83.2
43.5

9.7
4.4
69.7
5.3
1.8
9.2

10.0
3.5
67.8
7.2
.9
10.6

27.7
5.0
57.5
*
4.8

14.5
*
43.8
*
*
9.6

10.9
*
55.1
*
*
13.3

9.4
#
57.7
#
*
18.9

$9,582
2,509
5.2
11.83
.11
11.30-12.35

$16,875
1,154
6.8
11.47
.30
10.92=12.13

$21,194
620
6.3
11.33
.27
10.75-12.01

$20,665
305
9.3
11.34
.17
10.78^3 2.01

$58,626
385
7.8
11.10
.22
10.38=11.91

$194,362
204
7.0
10.33
.64
9.92-10.79

11.25
12.38
11.83
12.65
11.50
12.07

11.05
*
11.44
12.02
11.51
11.70

11.33
11.49
11.21
*
11.69

11.43
*
11.26
*
*
11.55

11.52
#
10.72
*
*
11.44

10.81
*
10.12
*
*
1031

81.4
85.6

91.1
88.2

94.7
91.3

94.2
90.9

99.1
95.9

94.3
94.7

72.6
80.5

18.8
5.6
42.1
.7
1.1
31.8

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses . . .
Farm machinery and equipment
Farm real estate
Other

$145,694
4,385
6.4
11.46
.31
10.52-12.16

11.04
10.49
10.65
11.46
10.59
10.62

Amount of loans (thousands of dollars)
Number of loans
...
....
Weighted average maturity (months)2
Weighted average interest rate (percent)*'
Standard error4
Interquartile range**

$152,673
10,106
6.5
11.66
.34
11 02=12.22

$321,304
5,177
7.1
10.71
.48
9.92=11.50

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment ....
Farm real estate
Other

21
22
23
24
25
26

....

$105,658
29,014
6.1
11.84
.18
11.30-12 29

12.8
8.9
58.2
3.3
3.7
13.1

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment .
Farm real estate
Other

$1,100,644
46,891
7.0
11.50
.52
10 77=12.19
11.25
12.36
11.52
11.57
11.75
10.96

...

7.2
1.8
78.1
2.1
2.0
8.8

8.0
*
67.7
3.3
2.7
15.6

20.0
5.4
55.4
*
15.1

15.3
*
55.6
*
*
23.2

22.1
*
48.9
*
#
24.4

10.5
*
33.1
*
*
39.3

$779,340
41,713
6.9
11.82
.16
11.34-12.28

$96,077
26,505
6.2
11.85
.13
11.30=12.29

$135,798
8,952
6.5
11.68
.14
11.04-12.28

$124,499
3,765
6.5
11.48
.13
10.52=12.19

$105,298
1,615
8.0
11.83
.27
11.30-12.28

$108,811
747
4.4
11.77
.30
10.92=12.34

*

11.40
12.78
11.75
11.58
11.85
11.81

11.67
11.84
11.86
11.96
*
11.87

11.16
*
11.79
11.52
*
11.69

11.00
*
11.56
*
*
*

*

*

11.54
*
*
*

*
*
*
*

54.1
31.2

38.5
39.0

42.0
353

38.4
47.5

46.3
40.8

*
*

10.3
10.2
64.9
4.4
4.8
5.3

9.9
4.7
68.8
5.6
*
9.3

10.3
*
67.9
7.7
*
9.9

29.0
*
57.9
*
*
*

*
*
41.5
*
*
*

*
*
*
*
*
*

LARGE BANKS12

Percentage of amount of loans
33 With floating rates
34 Made under commitment
35
36
37
38
39
40

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses . . .
Farm machinery and equipment
Farm real estate
Other

41
42
43
44
45
46

Amount of loans (thousands of dollars)
Number of loans
Weighted average maturity (months)2 . 3
Weighted average interest rate (percent)
Standard error4
Interquartile range5

47
48
49
50
51
52

By purpose of loan
Feeder livestock *
Other livestock
Other current operating expenses . . .
Farm machinery and equipment ....
Farm real estate
Other

OTHER BANKS12

Percentage of amount of loans
53 With floating rates
54 Made under commitment
55
56
57
58
59
60

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment ....
Farm real estate
Other

78



....

*
*
*

21. Terms of lending at commercial banks, 19881—Continued
C. Loans to farmers—Continued
Survey of loans made November 7-11
Size class of loans (thousands)

Characteristic
All sizes

$1-9

$10-24

$25-49

$50-99

$100-249

a^over

ALL BANKS
1
2
3
4
5
6
1
8
9
10
11
12

Amount of loans (thousands of dollars)
Number of loans
Weighted average maturity (months)2
Weighted average interest rate (percent)'*
Standard error4
Interquartile range5
By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estiite
Other
...

Percentage of amount of loans
13 With floating rates
14 Made under commitment
15
16
17
18
19
20

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

$753 960
32,302
7.4
11 59
.60
10 74-12 13

$72 689
19,936
6.1
12 10
.52
11 57-12 55

$94,609
6,515
8.0
11.91
.45
11 42-12.40

$93,406
2,611
9.3
12.01
.89
11.40-12.68

$126,989
1,947
10.2
12.03
.55
11.63-12.47

$166,393
1,077
7.2
11.49
.97
10.56-12.01

$199,874
216
4.6
10.84
.22
10.38-11.57

11.57
11.72
11 57
12.22
11 53
11 35

12.25
13.31
12 06
11.89
11 54
11 58

11.53
12.75
11.93
12.33
12 14
12.40

12.19
11.62
11.87
*
*
12.00

11.76
11.98
12.17
*
*
12.15

11.34
*
11.06
*
*
11.71

11.02
*
10.73
*
*
11.03

62.6
61 6

51.7
43 2

53.7
48.5

65.8
58.0

52.7
38.5

71.1
56.9

68.4
94.7

28 6
13.8
38.0
35
31
13 1

14 4
4.2
68.6
5.4
12
62

31.1
6.8
46.5
6.2
4.6
4.7

39.2
6.3
41.1
*
*
3.7

27 7
17.3
32.7
*
*
9.5

42 0
*
34.8
*
*
6.0

16 9
*
27.4
*
*
32.4

$273,529
3 480
56
11.10
56
10.47-11.63

$6,442
1 555
70
12.37
49
11.81-12.83

$10,980
706
5.7
12.09
.43
11.57-12.68

$17,162
479
9.7
11.89
.85
11.46-12.40

$22,379
332
9.6
11.76
.51
11.30-12.28

$35,282
242
12.3
11.58
.68
11.02-12.02

$181,285
165
4.0
10.75
.18
10.38=11.07

11 08
10.73
11 22
11.99
11 98
11.17

11 86
12.46
12 41
12.71
*
12.07

11.71
12. 14
12.14
*
*
12.29

11.67
12.04
11.87
*
*
12.00

11.62
*
11.60
*
*
11.95

11.35
*
11.69
*
*
11.71

10.71
*
10.73
*
*
10.93

74.9
91 4

86.8
78 5

94.4
89.7

96.4
87.8

91.2
81.2

95.9
88.3

65.1
94.1

16.5
19 0
35.4
8
o
27 4

8.7
58
68.2
2
*
96

13.7
6.0
61.4
*
*
13.2

19.1
7.5
52.3
*
*
17.1

23.3
*
41.2
*
*
21.3

28.5
*
35.7
*
*
28.2

13.5
*
30.2
*
*
30.5

$83,628
$76,244
5,808
2,132
8.2
9.2
11.89
12.04
.12
.27
11 41-12.36 11.40-12.68

$104,611
1,616
10.3
12.09
.19
11.63-12.47

$131,111
835
6.7
11.46
.68
10.56-11.91

LARGE BANKS12
21
22
23
24
25
26
27
28
29
30
31
32

Amount of loans (thousands of dollars) . . .
Number of loans
Weighted average maturity (months)2 3
Weighted average interest rate (percent)
Standard error4 5
Interquartile range
By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

Percentage of amount of loans
33 With floating rates
34 Made under commitment
35
36
37
38
39
40

By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

4

OTHER BANKS12
41
42
43
44
45
46
47
48
49
50
51
52

Amount of loans (thousands of dollars)
Number of loans
Weighted average maturity (months)2 3
Weighted average interest rate (percent)
Standard error4
. ...
Interquartile range5
By purpose of loan
Feeder livestock
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other

Percentage of amount of loans
53 With floating rates
54 Made under commitment
55
56
57
58
59
60

By purpose of loan
Feeder livestock.
Other livestock
Other current operating expenses
Farm machinery and equipment
Farm real estate
Other




$480,431
28 822
82
11.86
20
11 30-12 47

$66,248
18 381
60
12.07
16
11 57-12 50

11.70
12 72
11 75
12 24
11.48
11 91

12.27
13.43
1203
11 83
*
11 50

11.52
*
11.89
*
*
*

12.24
*
11.88
*
*
*

11.79
*
*
*
*
*

55.6
44 6

48.3
39 8

48.4
43.1

58.9
51.3

44.5
29.4

35.4
10 840
39 5
5.0
44
50

15.0

33.4
*
44.6
*
*
*

43.7
*
38.6
*
*
*

28.7

68 6
5.5
*
58

*
*
*
*
*

64.5
48.4

*

*
*
*
*
*
*

79

22. Interest rates in money and capital markets, 1988
A. Annual and monthly averages
Percent per year
Apr.

May

June

July

6.58
6.00

6.87
6.00

7.09
6.00

7.51
6.00

7.75
6.00

8.01
6.37

6 55
6.58
658

6 57
6.62
6 64

680

7 07
7.19
731

7 41
7.49
753

772
7.82
7 90

Year

Item

Jan.

7.57
6.20

6.83
6.00

6.58
6.00

758

6 76
6.87

6.65

Feb. | Mar.

Aug. | Sept.

Oct.

Nov.

8.19
6.50

8.30
6.50

8.35

650

8.76
6 50

8 09
8.26
8 36

8 09
8.17
8 23

8 12
8.24
8 24

8 38
8.66
8 55

9 31
9.11
8 97

9.00
8 50
8.24

Dec.

MONEY MARKET INSTRUMENTS
1 Federal funds1
2 Discount window borrowing1'2
Commercial paper2-3
3 1 -month
4 3-month
5 6-month
Finance paper, directly placed3'4
6 1-month
7 3-month
8 6-month
Bankers acceptances4*5
9 3-month ...
.
10 6-month
Certificates of deposit, secondary market6
11 1-month
.
12 3-month
13 6-month
....
14 Eurodollar deposits, 3-month7

7.66
7 68
7.44

692

6.86
6 92

7.14

6.53

6.45
6 39
6.27

6.44
6 38
6.23

667
6.51

6.96
700
6.75

7.23
7 25
7.01

7.62
7 55
7.19

7.96
7 95
7.57

7.96
7 95
7.71

8.05
8 06
7.80

8.29
8 20
7.94

7.56
7.60

6.77
6.83

6.49
6.49

6.51
6.55

6.79
6.86

7.12
7.25

7.38
7.41

7.77
7.85

8 19
8.30

8 06
8.15

8 15
8.13

855

896

8.46

8.83

7.59
7 73
7.91
7.85

6.78

6.55
6 60
6.69
6.73

6.56
6 63
6.78
6.74

6.80
7.14
7.05

7.04
7 24
7.52
7.40

7.41
7 51
7.69
7.61

7.73

8.18
8,09

8.03
8 35
8 66
8.4?

8.12
8 23
8 50
8.31

8.15
8 36

7.10
7.11

8.51

8.43
8 78
8 81
8.91

9.T7
9 fl5
9 28
9.30

667
6.91
7.13

5 81
6.25
6.52

5 66
5.93
6 21

5 70
5.91
6 28

5 91
6.21
6 56

626
6.56
690

646
6.71
699

6.73
6.99
7.22

7.06
7.39
7.59

7 24
7.43
7.53

7.35
7.50
7.54

7 76
7.86
7.87

8 07
8.22
8.12

6.68
6.92
7.17

5.90
6.31
6.67

5.69
5.96
6.18

5.69
5.91
6.30

5.92
6.21
6.57

6.27
6.53
6.74

6.50
6.76
7.08

6.73
6.97
7.04

7.02
7.36
7.40

7.23
7.43
7.60

7.34
7.50
7.57

7.68
7.76
7.92

8.09
8.24
8.49

7.65
8.10
8.26
8.47
8.71
8.85
8 96

699

6 71
7.27
7 50
7.83
8 19
8.37
8 63

701

7 49
8.03
8 22
8.49
8 78
8.92
900

7.75
8.28
8 44
8.66
8 91
9.06
9 14

8 17
8.63
8 77
8.94
9 11
9.26
93?

8 09
8.46
8 57
8.69
8 87
8.98
9 06

8.51
8 69
8.80
8 89

8.48
8.67
8.72
8.79
8 89
8.96
9 02

899

8.19
8 52
8.72
8 95

7 40
8.00
8 24
8.58
8 89
9.09
9 23

8 11
8.35

8.67
8 82

6 64
7.18
7 38
7.71
8 02
8.21
8 43

8.98

8.82

8.41

8.61

8.91

9.24

9.04

9.20

9.3^

9.06

8.89

9.07

9.13

7.36
7.83
7.68

7.29
8.12
7.70

7.05
7.62
7.49

7.20
7.80
7.74

7.33
7.82
7.81

7.56
7.90
7.90

7.51
7.86
7.78

7.50

7.76

7.51
7 89
7.79

7.39
7.84
7.66

7.25
7.72
7.47

7.35
7.78
7.46

7.35
7.76
7.61

32 Seasoned issues all industries1**
Rating group
33 Aaa
34 Aa
35 A
36 Baa

10 18

1037

9 89

9 86

10 15

10 37

10 36

10 47

10 58

10 28

9 90

9 91

1003

971
9.94
1024
10.20

988

10.09
10 43
11.07

9 40
9.60
9 94
10.62

9 39
9.59
9 89
10.57

9 67
9.86
10 17
10.90

990
10.10
10 41
11.04

9 86
10.13
10 42
11.00

9 96
10.26
1055
11.11

10 11
10.37
10 63
11.21

9 82
10.06
10 34
10.90

951

957

9.71
9 99
10.41

9 45
9.72
9 99
10,48

9.81
10 11
10.65

37 A-rated recently offered utility bonds16

10.20

10.05

9.75

9.91

10.23

10.61

10.41

10.40

10.45

10.26

10.11

10.12

10.03

9 23
3.64

9 04
3.66

9 02
3.56

9 07
3.48

9 19
3.57

925
3.80

9 32
3.58

9 34
3.65

9 39
3.75

9 25
3.69

9 29
3.70

<> 38
3.68

738

662

692

6.71

692

794

848

4

15
16
17

U.S. Treasury bills 8
Secondary market
3-month
6-month
1-year

18
19
20

Auction average^
3-month
6-month
1-year

....
....

U.S. TREASURY NOTES AND BONDS10
21
22
23
24
25
26
27

Constant maturities11
1-year
2-vear
3-year
5-year
7-year
10-year
30-year

28

Composite12
Over 10 years (long-term)

....
....

7.63
7.87
8.18

848

7.59

783

843

9.09
9 31
9.09
9 13
9.11
9 01

STATE AND LOCAL NOTES AND BONDS
Moody's series13
29 Aaa
30 Baa
31 Bond Buyer series14

786

CORPORATE BONDS

17

38
39

MEMO: Dividend-price ratio
Preferred stocks
Common stocks

80



9 23
3.61

22. Interest rates in money and capital markets, 1988—Continued
B. Weekly averages
Percent per year
Week ending

Item

Jan. 8

Jan. 15

Jan. 22

Jan. 29

Feb. 5

Feb. 12

Feb. 19

Feb. 26

Mar. 4

Mar. 11

7.02
6.00

6.81
6.00

6.89
6.00

6.66
6.00

6.77
6.00

6.38
6.00

6.65
6.00

6.64
6.00

6.60
6.00

6.51
6.00

6.85
6.95
7.00

6.80
6.92
7.00

6.75
6.85
6.91

6.66
6.75
6.78

6.59
6.62
6.61

6.47
6,49
6.49

6.61
6.63
6.64

6.53
6.58
6.60

6.54
6.56
6.57

6.55
6.59
6.60

6.74
6.67
6.59

6.69
6.68
6.60

6.61
6.61
6.53

6.54
6.51
6.41

6.51
6.45
6.33

6.36
6.31
6.22

6.50
6.43
6.29

6.43
6.38
6.24

6.35
6.30
6.16

6.45
6.38
6.19

MONEY MARKET INSTRUMENTS
1 Federal funds1
2 Discount window borrowing3'4
Commercial paper2'3
3 1-month
4 3-month
5 6-month
Finance paper, directly placed3*4
6 1 -month
7 3-month
8 6-month
Bankers acceptances4*5
9 3-month
10 6-month
Certificates of deposit, secondary market6
11 1 -month
12 3-month
13 6-month
14 Eurodollar deposits, 3-month7

6.89
6.97

6.83
6.93

6.73
6.76

6.61
6.63

6.50
6.50

6.43
6.42

6.55
6.56

6.50
6.50

6.45
6.45

6.50
6.53

6.87
7.03
7.21
7.23

6.81
6.99
7.21
7.23

6.76
6.87
7.07
7.11

6.66
6.77
6.09
7.03

6.59
6.63
6.70
6.81

6.49
6.54
6.59
6.70

6.57
6.64
6.77
6.69

6.55
6.61
6.73
6.79

6.54
6.58
6.68
6.71

6.55
6.62
6.75
6.74

U.S. Treasury bills4
Secondary market?
15 3-month
16 6-month
„
17 1-year
„

5.86
6.36
6.66

5.81
6.29
6.63

5.85
6.25
6.45

5.74
6.11
6.33

5.67
6.05
6.22

5.65
5.91
6.16

5.72
5.99
6.27

5.63
5.81
6.20

5.63
5.86
6.20

5.73
5.88
6.28

5.90
6.35

5.85
6.33

5.98
6.37
6.67

5.85
6.19

5.74
6.11

5.63
5.85

5.73
6.03
6.18

5.64
5.83

5.62
5.86

5.74
5.93

18
19
20

Auction average9
3-month
»
6- month
1-year

U.S. TREASURY NOTES AND BONDS10
21
22
23
24
25
26
27

Constant maturities11
1-year
2-year
3-year
5-year
7-year
10-year
30-year

7.15
7.81
8.05
8.37
8.69
8.84
8.98

7.12
7.75
7.99
8.33
8.65
8.84
9.01

6.90
7.57
7.80
8.08
8.37
8.57
8.74

6.77
7.39
7.63
7.91
8.19
8.39
8.56

6.65
7.20
7.42
7.73
8.02
8.20
8.39

6.59
7.14
7.34
7.67
7.99
8.18
8.41

6.70
7.24
7.42
7.79
8.10
8.29
8.52

6.63
7.17
7.35
7.70
8.00
8.20
8.43

6.63
7.12
7.33
7.63
7.96
8.17
8.41

6.72
7.23
7.45
7.78
8.11
8.32
8.57

28

Composite12
Over 10 years (long-term)

9.00

9.01

8.72

8.55

8.38

8.38

8.50

8.41

8.39

8.55

7.40
8.40
7.83

7.35
8.30
7.83

7.25
8.00
7.61

7.15
7.80
7.51

7.15
7.70
7.49

7.05
7.60
7.40

7.00
7.55
7.55

7.00
7.65
7.52

7.00
7.65
7.47

7.10
7.75
7.67

STATE AND LOCAL NOTES AND BONDS
Moody's series13
29 Aaa
30 Baa
31 Bond Buyer series14
CORPORATE BONDS
32 Seasoned issues, all industries15
Rating group
33 Aaa
34 Aa
35 A
36 Baa

10.49

10.48

10.34

10.16

9.98

9.89

9.89

9.83

9.75

9.80

10.00
10.19
10.54
11.22

10.00
10.19
10.52
11.19

9.88
10.06
10.41
11.02

9.64
9.90
10.25
10.85

9.46
9.69
10.05
10.71

9.42
9.59
9.94
10.62

9.41
9.61
9.94
10.60

9.33
9.54
9.88
10.56

9.27
9.47
9.80
10.48

9.34
9.54
9.83
10.50

37 A-rated recently offered utility bonds16

10.30

9.99

9.92

9.76

9.63

9.81

9.82

9.75

9.78

9.83

9.14
3.51

9.11
3.70

8.99
3.75

8.93
3.66

8.91
3.63

8.95
3.57

9.11
3.55

9.10
3.48

9.08
3.45

9.07
3.43

17

38
39

MEMO: Dividend-price ratio
Preferred stocks
Common stocks




81

22. Interest rates in money and capital markets, 1988—Continued
B. Weekly averages—Continued
Percent per year
Item

Week ending

Mar. 18

Mar. 25

Apr. 1

Apr. 8

Apr. 15

Apr. 22

Apr. 29

May 6

6.61
6.00

6.51
6.00

6.62
6.00

6.82
6.00

6.81
6.00

6.93
6.00

6.85
6.0C

6.82
6.00

7.02
6.00

7.04
6.00

6.56
6.61
6.63

6.58
6.64
6.68

6.63
6.68
6.70

6.73
6.78
6.83

6.76
6.81
6.86

6.85
6.92
6.99

6.85
6J3
7.01

6.89
7.00
7.13

7.06
7.17
7.30

1M
7.21
7.32

6.46
6.40
6.25

6.45
6.37
6.26

6.52
6.45
6.29

6.64
6.58
6.47

6.68
6.63
6.48

6.78
6.73
6.54

6.76
6.75
6.57

6.84
6.78
6.59

6.95
6.91
6.69

6.98
7.11
6.81

May 13 | May 20

MONEY MARKET INSTRUMENTS
1 Federal funds1
2 Discount window 3borrowing1'2
Commercial paper *4
3 1-month
4 3-month
5 6-month
Finance paper, directly placed3*4
6 1-month
7 3-month
8 6-month
Bankers acceptances4'5
9 3-month
10 6-month
....
Certificates of deposit, secondary market6
11 1-month
12 3-month
13 6-month
14 Eurodollar deposits, 3-month7..

6.50
6.54

6.53
6.60

6.55
6.63

6.70
6.78

6.74
6.78

6.85
6.93

6.85
6.95

6.96
7.11

7.11
7.23

7.15
7.26

6.55
6.61
6.76
6.73

6.57
6.64
6.84
6.75

6.60
6.67
6.86
6.78

6.72
6.82
7.04
6.88

6.77
6.87
7.06
6.99

6.87
7.01
7.24
7.08

6.84
6.99
7.23
7.18

6.89
7.09
7.37
7.19

7.01
7.22
7.51
7.34

7.06
7.2-5
7.52
7.40

U.S. Treasury bills4 8
Secondary market
15 3-month
16 6-month
17 1-year

5.64
5.79
6.23

5.77
5.98
6.35

5.74
6.04
6.36

5.99
6.20
6.55

5.89
6.14
6.49

5.83
6.22
6.58

5.91
6.28
6.60

6.16
6.43
6.75

6.26
6.47
6.85

6.22
6.53
6.91

5.65
5.78
6.30

5.76
5.96

5.69
6.00

5.98
6.21

5.98
6.19
6.57

5.78
6.14

5.92
6.28

6.13
6.41

6.31
6.51
6.74

6.28
6.50

19
20

Auction average9
6-month
1-year

U.S. TREASURY NOTES AND BONDS10
21
22
23
24
25
26
27

Constant maturities11
1-year
2-year
3-year
5-year
7-year
10-year
30-year

6.63
7.21
7.44
7.78
8.15
8.33
8.60

6.77
7.38
7.60
7.95
8.31
8.48
8.74

6.78
7.42
7.66
8.03
8.40
8.57
8.82

7.01
7.55
7.78
8.13
8.47
8.62
8.84

6.92
7.52
7.75
8.12
8.44
8.63
8.85

7.03
7.62
7.88
8.25
8.59
8.81
9.05

7.07
7.67
7.92
8.27
8.60
8.82
9.0?

7.23
7.80
8.06
8.39
8.71
8.93
9.14

7.33
7.95
8.19
8.53
8.84
9.04
9.18

7.40
8.02
8.26
8.64
8.95
{
).14
9.26

28

Composite12
Over 10 years (long-term)

8.57

8.72

8.80

8.80

8.82

9.01

9.02

9.10

9.17

9.31

7.15
7.70
7.75

7.30
7.90
7.89

7.45
8.00
7.90

7.40
7.90
7.80

7.30
7.80
7.81

7.30
7.80
7.87

7.30
7.78
7.77

7.35
7.80
7.84

7.60
7.90
7.85

7.65
8.00
7.97

STATE AND LOCAL NOTES AND BONDS
Moody's series13
29 Aaa
30 Baa
31 Bond Buyer series14
CORPORATE BONDS
32 Seasoned issues, all industries13
Rating group
33 Aaa....
34 Aa
35 A
36 Baa

9.83

9.92

10.01

10.08

10.11

10.22

10.20

10.25

10.31

10.40

9.36
9.56
9.86
10.55

9.44
9.66
9.94
10.64

9.53
9.75
10.04
10.73

9.61
9.79
10.09
10.83

9.61
9.81
10.13
10.86

9.73
9.90
10.25
10.98

9.73
9.92
10.22
10.92

9.78
9.97
10.26
10.96

9.85
10.04
10.35
11.01

9.94
10.15
10.46
11.07

37 A-rated recently offered utility bonds16

9.98

10.01

10.09

10.02

10.26

10.37

10.46

10.56

10.51

10.73

MEMO: Dividend-price ratio17
38 Preferred stocks
39 Common stocks

9.07
3.45

9.05
3.45

9.10
3.60

9.14
3.51

9.21
3.46

9.20
3.70

9.22
3.61

9.21
3.70

9.20
3.82

9.29
3.84

82



22. Interest rates in money and capital markets, 1988—Continued
B. Weekly averages—Continued
Percent per year
Week ending
Item
May 27

June 3 June 10 June 17 June 24

July 1

JulyS

July 15 July 22

July 29

Aug. 5

MONEY MARKET INSTRUMENTS
1 Federal funds1
2 Discount window borrowing1'2
Commercial paper3'4
3 1-month
4 3-month ......
.
5 6-month
Finance paper, directly placed3'4
6 1-month
7 3-month
8 6-month
Bankers acceptances4*5
9 3-month .....
10 6-month
Certificates of deposit, secondary market6
1 1 1-month
„
12 3-month
13 6-month
14 Eurodollar deposits, 3-month7

18
19
20

Auction average9
3-month
„'..
6-month
.
1-year
„ .

....

7.41
6.00

7.37
6.00

7.43
6.00

7.54
6.00

7.63
6.00

7.81
6.00

7.59
6.00

7.83
6.00

7.80
6.00

7.84
6.00

7.17
7.30
7.42

7.38
7.47
7.55

7.36
7.45
7.50

7.35
7.43
7.46

7.43
7.52
7.55

7.56
7.59
7.60

7.60
7.64
7.67

7.68
7.79
7.88

7.79
7.91
8.01

7.82
7.95
8.07

7.85
8.00
8.08

7.00
7.11
6.86

6.98
7.30
6.96

7.21
7.26
6.95

7.17
7.15
6.97

7.33
7.24
7.05

7.43
7.32
7.08

7.48
7.37
7.09

7.61
7.55
7.19

7.69
7.64
7.26

7.76
7.70
7.28

7.76
7.75
7.34

7.22
7.35

7.34
7.42

7.33
7.35

7.33
7.34

7.43
7.46

7.48
7.48

7.59
7.62

7.76
7.84

7.86
7.94

7.92
8.02

7.94
8.02

7.15
7.34
7.63
7.44

7.38
7.50
7.73
7.60

7.35
7.45
7.64
7.60

7.35
7.44
7.61
7.51

7.44
7.55
7.74
7.61

7.54
7.62
7.76
7.69

7.64
7.76
7.92
7.79

7.69
7.91
8.17
8.00

7.78
8.03
8.30
8.18

7.82
8.08
8.38
8.24

7.85
8.10
8.37
8.25

6.35
6.76
7.07

U.S. Treasury bills4
Secondary market?
15 3-month
16 6-month
f . .. .
17 1-year
„

7.14
6.00

6.45
6.79
7.08

6.43
6.67
6.97

6.36
6.61
6.91

6.50
6.78
7.02

6.57
6.75
7.01

6.58
6.78
7.11

6.70
7.00
7.25

6.72
7.07
7.25

6.93
7.12
7.31

6.89
7.13
7.34

6.34
6.71

6.53
6.83

6.44
6.72
7.08

6.44
6.67

6.51
6.83

6.59
6.75

6.57
6.71
7.04

6.72
6.99

6.76
7.09

6.88
7.09

6.89
7.15
7.40

U.S. TREASURY NOTES AND BONDSID
21
22
23
24
25
26
27

Constant maturities11
1-year
2-year
,
3-year
5-year
„
7-year
10-year
„
30-year

7.58
8.18
8.40
8.73
9.04
9.22
9.33

7.59
8.12
8.34
8.61
8.91
9.07
9.16

7.46
8.00
8.20
8.50
8.80
8.96
9.06

7.40
7.94
8.13
8.41
8.70
8.84
8.95

7.53
8.08
8.26
8.52
8.80
8.94
8.98

7.52
8.04
8.21
8.46
8.73
8.86
8.90

7.62
8.12
8.27
8.51
8.80
8.93
8.99

7.79
8.29
8.45
8.67
8.94
9.08
9.14

7.79
8.34
8.51
8.72
8.97
9.13
9.23

7.85
8.39
8.56
8.74
8.97
9.12
9.22

7.89
8.36
8.52
8.67
8.90
9.04
9.11

28

Composite12
Over 10 years (long-term)

9.36

9.17

9.07

8.99

9.05

8.99

9.09

9.23

9.27

9.24

9.14

7.65
7.90
7.96

7.63
7.90
7.87

7.50
7.90
7.78

7.45
7.80
7.73

7.45
7.72
7.77

7.50
8.00
7.74

7.45
7.85
7.75

7.51
7.90
7.77

7.55
7.90
7.77

7.48
7.80
7.76

7.48
7.75
7.69

32 Seasoned issues, all industries15
Rating group
33 Aaa
34 Aa
35 A
36 Baa

10.47

10.47

10.44

10.31

10.29

10.31

10.37

10.46

10.52

10.55

10.51

10.02
10.19
10.54
11.11

10.00
10.25
10.53
11.09

9.93
10.22
10.51
11.08

9.80
10.08
10.38
10.97

9.79
10.08
10.37
10.94

9.82
10.09
10.37
10.97

9.84
10.17
10.43
11.02

9.95
10.24
10.53
11.11

10.03
10.31
10.61
11.14

10.03
10.34
10.63
11.20

10.00
10.28
10.59
11.16

37 A-rated recently offered utility bonds16

10.70

10.43

10.46

10.47

10.36

10.25

10.39

10.44

10.44

10.41

10.31

9.29
3.82

9.35
3.64

9.34
3.58

9.29
3.54

9.22
3.53

9.38
3.60

9.41
3.59

9.29
3.63

9.30
3.63

9.36
3.75

9.41
3.60

STATE AND LOCAL NOTES AND BONDS
Moody's series1'
29 Aaa
30 Baa
31 Bond Buyer series14
CORPORATE BONDS

MEMO: Dividend-price ratio
38 Preferred stocks
39 Common stocks




17

83

22. Interest rates in money and capital markets, 1988—Continued
B. Weekly averages—Continued
Percent per year
Item

Week ending

Aug. 12 [ Aug. 19

Aug. 26

Sept. 2

Sept. 9

Sept. 16 Sept. 23 Sept. 30

Oct. 7

Oct. 14

MONEY MARKET INSTRUMENTS
1 Federal funds1
2 Discount window 3borrowing1'^
. .
Commercial paper *4
3 1 -month
..
4 3-month
5 6-month
Finance paper, directly placed3'4
6 1-month
7 3-month
8 6-month
Bankers acceptances4'5
9 3-month
10 6-month
Certificates of deposit, secondary market6
11 1-month
12 3-month
13 6-month
14 Eurodollar deposits 3 -mo nth7
..
U.S. Treasury bills4
Secondary market
15 3-month
16 6-month
17 1-year
18
19
20

Auction average9
3-month
6-month
1-year

7.75
6.14

8.19
6.50

8.02
6.50

8.15
6.50

8.15
6.50

8.13
6.50

a.n

6.50

8.24
6.50

8.38
6.50

8.27
6.50

8.04
8.21
8.33

8.23
8.39
8.49

8.18
8.36
8.48

8.20
8.36
8.48

8.09
8.19
8.26

8.05
8.13
8.19

8.03
8.10
8.15

8.13
8.18
8.24

8.10
8.21
8.22

8.09
8.21
8.21

7.95
7.85
7.47

8.13
8.07
7.69

8.07
8.06
7.69

7.94
8.07
7.69

7.91
7.90
7.69

7.89
7.91
7.69

7.92
7.90
7.71

8.09
8.04
7.76

8.03
8.05
7.81

8.02
8.01
7.SO

8.15
8.28

8.31
8.41

8.30
8.42

8.24
8.38

8.09
8.18

8.04
8.12

7.99
8.07

8.09
8.17

8.12
8.12

8.13
8.11

8.01
8.28
8.59
8.29

8.21
8.49
8.79
8.59

8.18
8.48
8.82
8.56

8.18
8.41
8.78
8.56

8.13
8.26
8.53
8.39

8.10
8.19
8.44
8.28

8.06
8.16
8.43
8.2Q

8.14
8.24
8.50
8.28

8.12
8.31
8.47
8.50

8.13
S.33
8.46
8.48

6.98
7.39
7.59

7.03
7.52
7.68

7.20
7.48
7.69

7.28
7.47
7.65

7.30
7.42
7.52

7.18
7.38
7.45

7.19
7.39
7.51

7.30
7.51
7.60

7.25
7.4B
7.56

7.31
7.42
7.51

6.94
7.26

7.05
7.51

7.18
7.51

7.26
7.50
7.72

7.26
7.40

7.21
7.41

7.17
7.34

7.23
7.48
7.48

7.23
7.46

7.32
7.46

U.S. TREASURY NOTES AND BONDS10
21
22
23
24
25
26
27

Constant maturities11
1-year
2-year
3-year
5-year
7-year
10-year
30-year

8.17
8.61
8.76
8.94
9.13
9.27
9.30

8.27
8.73
8.85
9.05
9.22
9.36
9.42

8.28
8.75
8.89
9.06
9.24
9.36
9.42

8.24
8.66
8.79
8.92
9.10
9.21
9.27

8.09
8.45
8.56
8.68
8.86
8.98
9.03

8.01
8.40
8.52
8.64
8.81
8.93
9.00

8.07
8.44
8.54
8.67
8.8S
8.96
9.05

8.18
8.52
8.62
8.73
8.90
8.99
9.08

8.13
8.39
8.48
8.57
8.75
8.83
8.94

8.07
8.33
8.44
8.53
8.71
8.81
8.91

28

Composite12
Over 10 years (long-term)

9.35

9.44

9.43

9.26

9.03

9.02

9.06

9.09

8.94

8.90

7.48
7.90
7.83

7.48
7.90
7.85

7.60
8.00
7.80

7.55
7.95
7.76

7.45
7.90
7.67

7.38
7.78
7.59

7.30
7.80
7.62

7.29
7.78
7.64

7.29
7.77
7.53

7,29
7.77
7.52

STATE AND LOCAL NOTES AND BONDS
Moody's series13
29 Aaa....
30 Baa
31 Bond Buyer series14
CORPORATE BONDS
32 Seasoned issues, all industries15
Rating group
33 Aaa
34 Aa
35 A
36 Baa

10.57

10.62

10.63

10.58

10.45

10.34

10.18

10.08

9.96

9.91

10.10
10.35
10.62
11.20

10.15
10.41
10.67
11.23

10.16
10.43
10.66
11.25

10.14
10.38
10.61
11.21

9.95
10.22
10.49
11.13

9.84
10.10
10.40
11.02

9.73
9.9?
10.25
10.78

9.67
9.88
10.15
10.59

9.58
9.76
10.03
10.45

9.54
9.71
9.97
10.41

37 A-rated recently offered utility bonds16

10.53

10.50

10.51

10.30

10.22

10.21

10.31

10.29

10.05

10.20

9,34
3.77

9.36
3.79

9.36
3.79

9.46
3.78

9.38
3.72

9.34
3.67

9.25
3.66

9.15
3.69

9,25
3.66

9.33
3.64

MEMO: Dividend-price ratio17
38 Preferred stocks
39 Common stocks

84



22. Interest rates in money and capital markets, 1988—Continued
B. Weekly averages—Continued
Percent per year
Week ending

Item

Oct. 21 | Oct. 28 Nov. 4 Nov. 11 1 Nov. 18 [NOV. 25 Dec. 2

Dec. 9 Dec. 16 Dec. 23 Dec. 30

MONEY MARKET INSTRUMENTS
1 Federal funds1
2 Discount window borrowing1'2
Commercial paper3'4
3 1-month
4 3-month .
5 6-month
Finance paper, directly placed3'4
6 1-month
7 3-month
8 6-month
Bankers acceptances4'5
9 3-month .
10 6- month
Certificates of deposit, secondary market6
11 1 -month
12 3-month
13 6-month
14 Eurodollar deposits 3-month7
U.S. Treasury bills4
Secondary market?
15 3-month
16 6-month
17 1-year
18
19
20

8.29
6.50

8.36
6.50

8.31
6.50

8.26
6.50

8.33
6.50

8.44
6.50

8.59
6.50

8.51
6.50

8.87
6.50

8.86
6.50

8.13
8.25
8.24

8.16
8.29
8.28

8.22
8.32
8.25

8.31
8.42
8.34

8.42
8.65
8.57

8.46
8.86
8.71

8.82
9.12
8.96

9.27
9.10
8.93

9.32
9.14
9.02

9.39
9.13
8.99

9.30
9.07
8.97

8.06
8.06
7.80

8.08
8.11
7.80

8.12
8.12
7.80

8.23
8.20
7.91

8.35
8.23
7.95

8.37
8.22
8.03

8.53
8.26
8.07

8.97
8.41
8.18

9.08
8.53
8.22

9.06
8.62
8.34

9.00
8.55
8.29

8.15
8.13

8.18
8.16

8.18
8.11

8.34
8.26

8.59
8.50

8.78
8.67

8.94
8.80

8.93
8.77

9.02
8.89

8.98
8.87

8.90
8.83

8.16
8.38
8.48
8.51

8.18
8.41
8.51
8.56

8.23
8.43
8.45
8.51

8.30
8.55
8.58
8.61

8.41
8.80
8.84
8.85

8.49
9.00
9.04
9.05

8.99
9.22
9.24
9.29

9.34
9.24
9.24
9.20

9.42
9.32
9.32
9.31

9.40
9.29
9.31
9.41

9.36
9.20
9.26
9.31

7.40
7.54
7.56

7.42
7.53
7.55

7.38
7.51
7.53

7.57
7.75
7.76

7.91
7.94
7.94

8.01
8.06
8.06

7.94
8.09
8.10

7.96
8.19
8.23

8.09
8.27
8.42

8.11
8.20
8.32

8.16
8.28
8.38

7.36
7.55

Auction average9
3 -mo nth
6-month . . . .
1-year

8.27
6.50

7.45
7.54
7.57

7.37
7.48

7.54
7.71

7.82
7.87

7.97
7.99
7.92

8.05
8.13

8.04
8.25

7.98
8.21

8.14
8.29
8.49

8.22
8.33

U.S. TREASURY NOTES AND BONDSIQ
21
22
23
24
25
26
27

Constant maturities11
1-year
„
2-year
„
3-year
5 -year
7-year . .
10-year
30-year
,

8.12
8.36
8.43
8.52
8.69
8.80
8.88

8.13
8.34
8.42
8.47
8.66
8.77
8.88

8.10
8.29
8.38
8.44
8.59
8.72
8.80

8.35
8.55
8.61
8.69
8.81
8.91
8.98

8.55
8.72
8.77
8.84
8.92
8.99
9.08

8.71
8.89
8.94
8.99
9.05
9.10
9.13

8.75
8.96
8.98
9.00
9.08
9.11
9.11

8.89
8.99
9.01
8.99
9.04
9.03
9.00

9.10
9.16
9.17
9.16
9.19
9.16
9.02

9.00
9.09
9.12
9.10
9.12
9.08
8.97

9.07
9.18
9.20
9.18
9.22
9.17
9.00

28

Composite12
Over 10 years (long-term)

8.89

8.88

8.78

8.97

9.15

9.24

9.21

9.10

9.15

9.10

9.13

7.23
7.70
7.45

7.20
7.65
7.36

7.28
7.70
7.33

7.34
7.77
7.44

7.37
7.82
7.50

7.41
7.84
7.58

7.41
7.81
7.66

7.34
7.75
7.68

7.36
7.77
7.66

7.34
7.77
7.57

7.30
7.70
7.50

9.89

9.87

9.81

9.85

9.92

10.00

10.03

10.00

10.03

10.05

10.06

9.45
9.74
10.00
10.49

9.52
9.80
10.08
10.58

9.55
9.82
10.12
10.61

9.52
9.79
10.10
10.61

9.57
9.81
10.11
10.65

9.59
9.81
10.11
10.68

9.60
9.84
10.14
10.67

STATE AND LOCAL NOTES AND BONDS
Moody *s series13
29 Aaa
30 Baa
31 Bond Buyer series14
CORPORATE BONDS
32 Seasoned issues, all industries15
Rating group
33 Aaa
34 Aa
35 A
36 Baa

9.49
9.68
9.99
10.41

9.44
9.68
9.97
10.39

9.39
9.63
9.90
10.32

9.38
9.67
9.93
10.40

37 A-rated recently offered utility bonds16

10.08

10.00

10.02

10.08

10.20

10.20

10.15

10.02

10.15

9.98

10.12

9.12
3.60

9.23
3.55

9.20
3.56

9.20
3.68

9.35
3.82

9.35
3.76

9.36
3.70

9.41
3.63

9.36
3.70

9.40
3.68

9.34
3.70

17

38
39

MEMO: Dividend-price ratio
Preferred stocks
Common stocks




85

23. Stock market—Selected statistics, 1988
A. Stock prices and trading
Averages of daily figures
Series
Common stock prices
New York Stock Exchange
(Dec. 31, 1965 = 50)
1 Total
2 Industrial
3 Transportation
4 Utility
5 Finance

6
7
8
9
10

Standard & Poor's Corporation
(1941-43 = 10, except as noted)
Total
Industrial
Public utility
Transportation (1982 - 100)1....
Financial (1970 = 10)

11 American Stock Exchange
(Aug 31 1973 = SO) total
Volume of trading
(thousands of shares)
12 New York Stock Exchange
13 American Stock Exchange

Year

Jan.

149.91 140.55
180 95 168 47
134 12 121.20
71.76
70.01
127 42 119 40

Feb.

145.13
173 44
126.09
72.89
124 36

j Mar.

149.88
181 57
135.15
71.16
125 27

Apr.

May

June

148.46
180 88
133.43
69.40
121 67

144.99
176 02
127.63
68.65
12035

152.72 152.12
184 92 18409
136.02 136.49
72.25 71.50
12904 12999

265 79 25048 258 13 265 74 26261 256 12
306.68 288.36 296.46 308.04 305.78 297.39
108.74 106.13 110.67 107.24 104.12 103.11
209.02 19220 199 03 212.88 20954 19757
24.09 22.41 23.27
23.30 22.38 22.28
294 89

267 29

276 55

295 78

27068
312.78
109.86
211 33
24.46

July

Aug.

Sept.

149025 151.47
17972 182 18
132.53 136.27
70.67 71.83
130 77 133 15

26905 261 71
310.87 301.12
108.49 107.83
210.37 203.13
24.55 25. Q)

300 06 296 30 306 13 30748 297 76

Oct.

Nov.

Dec.

156.36
188 58
141.93
74.19
134 66

152.67
181 79
118.60
73.83
129 61

155.35
187 75
144.07
74.81
128 81

267 97 27740 271 02 276 51
307.40 319.05 311.84 119.07
109.67 113.00 111.70 113.02
20971 21989 216 97 225 61
25.75
26.05
24.85 24.79
297 86

302 83

292 11 298 59

161,436 174,635 184,662 176,216 162,518 153,875 195,760 166,924 144,671 145 688 162 627 134 420 Pi5 211
9 955 9 853 9 961 12 442 10706 8 931 11 348 9 938 9 30'? 8 198 9 051 8 497 11 227

B. Customer financing
End-of-period balances, millions of dollars
Series

Feb.

Mar.

1 Margin credit at broker-dealers

31,320

31,990

32,660

33,270 33,070

MEMO: Free credit balances at brokers2
2 Margin accounts
3 Cash accounts

4675
15 270

4555
14 695

4 615
14 355

4 395
13 965

86



Apr.

May

Jan.

June
32,300

4 380 4 580
14 150 14 460

July

Aug.

Sept.

Oct. 1 Nov. | Dec.

31,770 31,930 32,770 33,410

33,640

32,740

4485
14 340

4 920
15 185

*! 660
16 595

4 65S
1404S

4 725
14 175

5 065
14 880

24. Selected assets and liabilities of financial institutions
A. FSLIC-insured institutions
Millions of dollars, end of period

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

19 86

1 Assets
2 Mortgages
3 Mortgage-backed
securities
4 Centra-assets to
mortgage assets1 . .
5 Commercial loans
6 Consumer loans
7 Centra-assets to
nonmortgage
loans2
8 Cash and investment
securities
9 Other3

1,070,094 1,079,068 1,089,918 1,100,420 1,117,148 1,123,932 1,130,812 1,141,341 1,142,770 1 153 295 1 158 270 1 163 351
691,539

691,771

692,059

693,996

695,979

698,729

699,156

699,386

697,227

791,945

799,516

697,451

117,701

119,789

121,899

127,323

133,056

138,619

142,324

146,024

149,246

153 024

155 977

158 193

45,387
17 463
45 269

45,517
18 049
46 136

43,575
18 615
46924

43,968
19038
47,884

42,439
19 755
49,579

44,410
19 931
49,909

44,628
20280
49,967

44,837
20 866
50,589

43,512
21 027
50,169

43,902
21 886
50 652

44,047
22 700
50 976

41,799
23 683
51 622

2,501

2,560

2,571

2,626

2,719

2,672

2,688

2,734

2,883

2 937

2 984

3 041

141,996
104 045

144,807
106 593

147,509
109 058

148,188
110 585

151,060
113 786

149,871
113 955

151,954
114 448

155,805
116 243

156,119
115 377

158 964
114 564

161 357
113 375

164 844
112 898

10 Liabilities and net worth. . 1,070,094 1,079,068 1,089,918 1,100,420 1,117,148 1,123,932 1,130,812 1,141,341 1,142,770 1,153,295 1,158,270 1,163,851
11
12
13
14
15
16

Savings capital
Borrowed money
FHLBB
Other
Other
Net worth

847,615
151 444
82,637
68 807
24,104
46 932

852,320
152 432
82,496
69 936
26,612
47 703

862,257
155 663
82,520
73 143
23,492
48 507

862,329
163 082
86,287
76 795
25,856
49 154

868,108
170 126
86,346
83 780
29,163
49 751

873,082
176 Oil
88,847
87 164
25,018
49 821

878,355
174 674
90,904
83 770
27,417
50366

882,596
177 293
91,697
85 596
29,669
51 784

883,429
181 948
91,735
90 213
25,638
51 758

886,207
185 288
92,644
92 644
28 627
53 173

885 139
190 110
93,461
96 649
29,758
53 262

890 664
196 929
100,925
96 904
23 975
52 282

1987
1 Assets
2 Mortgages
3 Mortgage-backed
securities
4 Centra-assets to
mortgage assets1 . .
5 Commercial loans
6 Consumer loans
7 Contra-assets to
nonmortgage
loans2
. .
8 Cash and investment
securities
9 Other3

1,160,840 1,162,578 1,171,091 1,180,379 1,195,474 1,202,920 1,207,750 1,216,995 1,218,829 1,239,883 1,246,983 1,250,855
692,256

689,363

690,477

692,423

696,561

699,500

701,282

704,815

708,433

713,488

717,933

721,593

161,537

162,114

163,973

170,798

178,876

180,084

182,067

186,101

191,829

197,131

200,039

201,828

40,757
22 943
51,929

40,088
22 863
52,096

40,182
22 998
52,652

39,949
22503
53,429

41,046
22079
53,808

41,893
23 098
54,588

41,955
23,018
55,186

42,023
23 174
56,079

42,438
23,300
56,118

42,182
23 256
56,548

41,396
23 294
57,465

42,344
23 163
57,902

3 009

2934

3042

2,998

2,974

3,222

3,150

3,242

3,442

3 373

3 430

3 467

162 202
113,740

163 746
115,418

167 561
116,654

165,571
118,601

168,705
119,447

169,996
120,769

170,788
120,514

170,071
120,020

164,034
120,995

173 121
121,894

170 713
122,367

169 717
122,462

10 Liabilities and net worth. . 1,160,840 1,162,578 1,171,091 1,180,379 1,195,474 1,202,920 1,207,750 1,216,995 1,218,829 1,239,883 1,246,983 1,250,855
11
12
13
14
15
16

Savings capital
Borrowed money . .
FHLBB
Other..
. ..
Other
Net worth

890,735
192,356
95,455
96,901
24,914
52836

891,853
190 329
95,072
95 257
27,119
53,275

893,537
197 405
93,738
103 667
24,012
53 137

889,785
210,219
98,723
111,496
26,179
54 196

893,801
219,308
100,504
118,804
28,417
53,947

897,999
226,719
102,787
123,932
25,345
52 856

902,617
226,093
102,979
123,114
26,599
52,441

904,441
232,332
104,191
128,141
28,170
52,052

908,907
234,941
106,250
128,691
24,599
50,382

916,843
246 370
109,736
136 634
27,098
49 573

922,340
247,461
111,283
136 178
27,404
49 777

932,616
249 917
116,363
133 554
21,941
46 382

1988
1 Assets
2 Mortgages
3 Mortgage-backed
securities
4 Contra-assets to
mortgage assets1 . .
5 Commercial loans
6 Consumer loans
7 Contra-assets to
nonmortgage
loans2
8 Cash and investment
securities
9 Other3

1,254,885 1,257,466 1,261,581 1,274,482 1,285,338 1,289,979 1,299,373 1,311,668 1,323,840 1,332,824 1,332,852 1,350,906
722,944

723,856

725,625

728,984

733,547

736,893

743,083

751,421

754,389

760 854

763 031

764 892

201,732

197,811

197,889

202,767

205,053

207,744

208,509

210,573

211,195

211 844

212 348

214 821

41,291
23 538
58,342

40,836
23 340
58,687

41,268
24 004
58,390

39,358
24243
59,120

39,764
24201
60,250

40,251
24 672
61,150

40,296
24 964
61,571

39,078
25 099
62,417

38,500
24 782
61,558

38,308
25 145
61 057

37,739
25 276
61 508

37,534
33 662
62 064

3,580

3,524

3,628

3,513

3,395

3,513

3,389

3,118

3,074

2,931

2,960

3,055

177 533
125 751

178 459
126 472

175 793
128 561

183,178
130 313

184 778
130 385

180 148
131 240

186 133
129 923

169 953
123 247

174 106
124 025

176 386
124 184

177 955
124 284

179 506
125 939

10 Liabilities and net worth . . 1,254,885 1,257,466 1,261,581 1,274,482 1,285,338 1,289,979 1,299,373 1,311,668 1,323,840 1,332,824 1,332,852 1,350,906
11
12
13
14
15
16

Savings capital.
Borrowed money
FHLBB
Other
Other
Net worth




939,080
246,088
114 053
132,035
23,873
45 845

946,790
239,452
112 725
126,727
25,818
45 406

958,471
237,663
112 389
125,274
22,555
42 892

962,304
244,990
113 029
131,961
24,618
42 570

963,761
250,697
114 994
135,703
27,160
43 720

966,750
257,134
117 287
139,847
24,564
41,531

968,213
262,745
118 213
144,532
27,110
41 304

968,293
266,787
120 677
146,110
28,903
47,684

973,742
273,665
123,436
150,229
26,021
50,412

976,163
278 241
124 368
153,873
27 556
50 864

971,493
281 033
127 548
153,485
29 176
51 151

971,685
299 242
134 143
165,099
24 154
55 825

87

24. Selected assets and liabilities of financial institutions—Continued

B. FSLIC-insured federal savings banks
Millions of dollars, end of period

Jan.

Feb.

Mai'.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

19 87
235,428 235,763

241,418 246,277 253,006

2 Mortgages
3 Mortgage-backed securities
4 Contra-assets to mortgage
assets1
5 Commercial loans . .
. .
6 Consumer loans
7 Contra-assets to nonmortgage
assets2
8 Finance lease plus interest
9 Cash and investment
.
10 Other3

138,591
33,570

138,378
34,634

140,696 142,702 146,492 152,381 154,839 156,048
36,088 37,500 39,371 40,969 42,714 43,532

8,116
5,697
13,746

7,961
5 762
13,918

11 Liabilities and net worth

235,428 235,763

12
13
14
15
16
17

176,938 177 355 178,672
40 614 39 777 43 919
20,730 20226 21,104
19,884 19,551 22,815
5,264
5484
5,308
12,774
13,151 13,564

1 Assets

Savings capital
Borrowed money
FHLBB
Other
Other
Net worth

538
455

572
452

30,557
21,490

29258
21,953

8,053
5,807
14,143

659
457

8,012
5,957
14,547

667
492

8,281
5,567
14,789

636
505

264,105 268,779 272,134

8,568
6166
15,627

8,777
6,277
16,089

714
580

31,816
23,383

241,418 246,277 253,006

264,105

741
569

33294
24,371

30,225
22,715

30,593
23,164

33,677
24,133

8,853
6,213
16,549

704
577
34,267
24,506

272,834 276,560 279,221 284,270
156,705 158,507
44,421 45,117

161,014
45,237

161,926
£5,826

8,787
6,275
16,563

8,809
6,540
17,343

9,100
6,504
17,696

8,700
6,18B
16,582

702
552

690
550

712
566

678
591

33,589
24,199

34,902
24,122

33,965
24,078

35,347
24,069

268,779 272,134

272,834 276,560 279,221 284,270

180,637 182,802 189,998 193,890 194,853
46 125 49 896 53 255 53,652 55 660
21,718 22,788 24486 24,981 25,546
24,407 27,108 28,769 28,671 30,114
6,036
5 981
6,450
6,138
5,538
14,272 14,871 15,100 15,172
13,978

195,213 197,298 199,114 203,196
56,549 57551 58 277 60 716
26,287 27,350 27,947 29,617
30,262 30,201 30,330 31,099
6,293
6,350
5,631
5,324
15,444
15,416
15,481 15,034

1988
1 Assets

284,303 295,951 307,756 311,434 323,028 329,736

333,596 357,897 357,928 369,711 374,957 410,097

186,818 190 647 193,150 204,351 207,952 209,721 213,378 224,584
57,619 64,772
51,290 52,648 53,027 55,688 ,56,399 56,778

2 Mortgages
3 Mortgage-backed securities
4 Contra-assets to mortgage
assets1
5 Commercial loans
6 Consumer loans
7 Contra-assets to nonmortgage
assets2
8 Finance lease plus interest
9 Cash and investment
10 Other3

161,746 169 340
46,171 46,687

11 Liabilities and net worth .

284,303 295,951 307,756 311,434 323,028 329,736

12 Savings capital
13 Borrowed money . . .
14 FHLBB
15 Other
16 Other
17 Net worth

204,329 214 169 224,169 226,544 232,656 236759 239,590 256,223 261,862 262,924 263,984 284,822
59 206 59 704 61 552 62566 66 816 69 356 70015 75 859 80,674 80 782 81 628 97 850
32 177 31,941 35,357 '17,245 37,510 39,630 44,994
28,280 29 169 30,456 30,075 31,682
30 926 30 535 31 096 32491 34 134 37 179 38 074 40502 43,429 43 272 41998 52 856
6639
8,052
8,334
6,089
7,374
5,838
6602
7 118
7,051
7,679
7,843
6,390
14,929 15,477
18,893 19,472
15,946 16,086 16,589 16,886 16,843 17,661 1 7,886 18,206

8,909
6,496
17,649

9,175
6971
18,795

178,260 180,586
47,979 49,075
9,460
7,378
19,141

9,347
7,531
19,616

9,735
7,639
20,426

699
604

737
584

800
611

724
615

707
652

34,645
22,430

35,718
25 517

38,224
26,424

38,259
25,822

39,889
26,758

10,089
7904
21,142

10,135
7,916
21,449

10,893
8,568
22,526

10,982
8,694
22,420

699
735

734
791

785
804

40,837
27,316

738
708

44,859
32,740

48,984
14,442

10,907
8,886
22,414

789
805

10,908
9,051
22,671

803
833

12,034
8,916
25,962

867
881

48,222
34,895

59,424
40,459

333,596 357,897 3^7,928 369,711 374,957

410,097

40,286
27230

48,681
34,121

C. Savings banks
Millions of dollars, end of period

Jan.

Feb.

Mar.

Apr.

May

June

^July

Aug.

Sept.

Oct.

Nov.

Dec.

19 88
1 Assets
2
3
4
5
6
7
8
9

Loans
Mortgage
Other
Securities
U S government1
Mortgage-backed securities
State and local government
Corporate and other2
Cash
Other assets

258,628 259,224 262,100

262,269 264,507 249,927 252,875 253,453

137,858 139 108 140,835 139 691 143 235 138 148 139,844
35,095 35 752 36,476 37,471 35 927 32 399 32,941
12 776
32,241
1,994
18,780
4,841
15 043

12 269
32,423
2,053
18 271
5 002
14 346

12225
32,272
2,033
18,336
4,881
15 042

259,224 262,100

13 203
31,072
2,013
18,549
5 237
15 033

12490
31,861
1,933
18298
5 383
15 380

11 597
29,735
1,849
17492

4831

13 876

11 563
30,064
1,840
17,527
5,186
13 910

255,510 257,127

258,537 261,361

141,316 143,626 145,398
32,799 32,879 33,234

146,501 147,597
33,791 31,269

11 353
30,006
1,901
17,301
4,950
13 827

262,269 264,507 249,927 252,875 253,453

11 182
29,190
1,878
17,234
5,463
14058

10 896
29,893
1,872
16,886
4,825
14 123

255,510 257,127

10 804
29,372
1,887
16,773
5,093
14 316

11 457
29,751
1,848
17,822
7 050
14 567

258,537 261,361

10 Liabilities

258,628

11 Deposits...
12 Regular3
13
Ordinary savings
14
Time and other
15 Other
16 Other liabilities
17 General reserve accounts . .

199 545 200 391 203 407 203 273 205 692 194 018 195 537 195 907 197 665 197 925 199 092 202 058
194,322 195 336 198,273 197,801 200098 188,571 189,993 190,716 192,228 192,663 194,095 196,407
41,047 41 234 41,867 41,741 42403 40,179 40,124 39,738 33,618 39,375 39,482 39,750
112,781 113 751 115 529 115 887 117 297 110 738 112 272 114 255 115 387 117 712 119,026 121 148
5,544
5594
5,447
5,262
4,997
5,651
5,134
5,472
5,191
,5,427
5,223
5 055
36,836 35 787 35,737 35,827 35 836 34,038 34,686 34,776 35,001 35,997 36,012 36,169
20514 20 894 21 024 21 109 21 179 19 875 20069 20 018 20 151 20 324 20 462 20 317

88




24. Selected assets and liabilities of financial institutions—Continued
D. Credit unions
Millions of dollars, end of period

Ja n.

Fc b.

Mar.

Apr.

May

July

June

Aug.

Sept.

Oct.

Nov.

Dec.

174,722

174,406

174,593

1988
1 Total assets/liabilities and capital . .
2
3

i

j

169,111 169,175 172,456 172,345 173,276

173,044 174,649

109 797 109,913 112 595 112,573 113 068 112 686 113 383 113 474 113 717 114 566
59,314 59,262 59,855 59,772 60,208 60,358 61,266 61,248 61,135 60,027

Federal
State

n. a.

n. a.

1

4 Loans outstanding
5 Federal
6 State
7 Savings
8 Federal (shares)
9 State (shares and deposits)

ir

101,965 103,271 105,704 105,800 107,065 108,974 110,939 111,624 112,452 113,191
65,732 66,431 68,213 68,658 69,626 70,944 72,200 72,551 73,100
73,766
36233 36,840 37491 37,142 37439 38,030 38 739 39 073 39 352 39 425
156 045 155,105 157 764 158,186 159 314 158,731 157 944 160 174 159 021 159 010
101,847 101,048 103,129 103,347 104,256 103,657 103,698 104 184 103,223 104 431
54,198 54,057 54,635 54,839 55,058 55,074 54,246 55,990 55,798 54,579

E. Life insurance companies
Millions of dollars, end of period

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1987

2
3
4
5
6
7
8
9
10
11
12

1,002,360 1,015,702 1,027,112 1,027 556 1,034,698 1,044,459

948,160

958,872

969,217

978,015

985,972

991,364

Securities
85 318
Government
59,288
United States' ..
State and local . . 11,886
14,144
Foreign2.
504 302
Business
Bonds
„ . . . 408,212
96090
Stocks

86 692
60,644
11,916
14,132
512 130
413,959
98 171

88 536
63,023
11,422
14,091
519 044
418,522
100,522

87 763
61,925
11,436
14402
522 743
422 292
100 451

85 336
59,726
10,979
14,631
531 414
428,031
103,383

83 169
57,162
10,971
15,036
538 233
435,976
102 257

85 402
59,215
10,944
15,243
544 785
440,755
104,030

85 016
59,095
10,451
15,470
554 900
448,852
106 048

84 258
57,997
10,265
15,996
563 068
457,562
105,506

85 080
58,982
10,427
15,671
560 638
464,895
95 743

85 205
58,899
10,546
15,760
563 828
470,318
93,510

84 426
57,078
10,681
16,667
569 199
472,684
96 515

183,375
31 652
53,580
78 816

184 116
31 955
53,792
79 551

185,081
31 802
53,644
80603

187 476
32 373
53519
81 705

189,590
32 643
53,511
83 155

190 299
32459
53,445
83 395

191,548
32 801
53,619
84005

192 579
33 076
53,652
86 313

194,996
33 125
53,631
87,943

197 033
33 328
53,650
87 807

199,468
33 639
53,627
88947

203,545
34 172
53,626
89 586

1 Assets

Mortgages
Real estate
Policy loans.. .. „ . . .
Other assets

1988
1 Assets . .
2
3
4
5
6
7
8
9
10
11
12

1,042,350 1,052,645 1,065,549 1,075,541 1,094,827 1,105,546 1,113,547 1,121,337 1,131,179 1,139,490 1,147,873 1,157,140

Securities
Government 1
United States . .
State and loc,U . .
Foreign2
Business
Bonds
Stocks

91 682
64,922
11,749
15 Oil
563 019
469,207
93 812

92 497
65,534
11,859
15 104
571 070
476 448
94 622

92,408
65,218
12,033
15 157
580 392
484,403
95 989

93 946
66,749
11,976
15 221
587 846
490 285
97 561

86 711
58,988
11,016
16 707
606445
503,728
102 717

87 160
59,351
11,114
16 695
614 052
509,105
104 947

88,218
60,244
11,102
16,872
618 742
514,926
103 816

88362
60,407
11,190
16 765
624 917
520,796
104 121

87,588
59,874
11,054
16,660
630 086
525,336
104,750

88 883
60,621
11,069
17 193
633 390
527,419
105 971

89,510
61,108
11,189
17,213
638 350
532,197
106 153

88 167
60,685
11,126
16,356
644 894
538,053
106 841

Mortgages
Real estate
Policy loans
Other assets

212,637
34 178
53,265
87569

213 182
34503
52,720
88673

214,815
34 845
52,604
90499

215 383
34 964
52,658
90 834

219,012
35 484
53,013
94,162

220,870
35 545
53,107
94812

221,990
35 737
53,142
95,718

233,438
35 920
53,194
95 505

225,627
35 892
53,149
98,837

227,342
36 892
53,157
99826

229,234
36 673
53,148
94,116

232,639
37 972
53,020
95,518




89

25. Federal fiscal and financing operations
Millions of dollars
Fiscal
Year
19881

Type of account or operation

1
2
3
4
5
6
7
8
9

U.S. budget2
Receipts, total
On-budget
Off-budget
Outlays, total
On-budget
Off -budget
Surplus, or deficit (— ) total
On-budget
Off-budget

...

..

Source of financing (total)
10 Borrowing from the public
11 Operating cash (decrease, or increase (— ))
12 Other 3 ...
.

....

Calendar year 1988
Year

925,936
908,953
680,747
667,463
245,191
241,491
1,064,105 1,066,477
879,868
861,413
186,613
202,691
-155,151 -140,540
-193,951 -199,119
58,579
38,800

Jan.

HI

H2

476,115
345,614
130,502
513,247
427,547
85,702
-37,131
-81,933
44,801

449,821
335,133
114,689
553,230
452,321
100,911
= 103,409
-117,186
13,778

81,791
60,645
21,146
65,895
66,682
-787
15,896
-6,037
21,933

Mar.

Apr.

60,355
40,610
19,745
84,420
66,667
17,753
=-24,065
-26,057
1,992

65,730
44,958
20,772
95,013
76,994
18,019
-29,283
-32,036
2,752

109,323
81,993
27,330
95,554
79,629
15,925
13,769
2,364
11,405

| Feb.

157,186
-11,331
-5,315

61,214
-17,235
-6,848

95,972
5,904
1,533

5,281
-17,555
-3,621

20,157
11,002
=7,094

17,160
6,009
6,114

-334
--23,276
9,841

33,700
8,657
25,044

39,604
9,762
29,842

33,700
8,657
25,044

39,924
10,276
29,648

28,922
2,473
26,450

22,913
2,403
20,510

46, 189
16,186
30,003

May

MEMO
13 Treasury operating balance (level end of period)
14 Federal Reserve Banks
15 Tax and loan accounts

162,062
-7,963
1,052
44,398
13,024
31,375

. »

June

July

Aug.

Oct.

Nov.

Dec.

Sept.

2

U.S. budget
1 Receipts, total
2 On-budget
....
3 Off-budget
4 Outlays, total
5 On-budget
...
6 Off-budget
7 Surplus, or deficit (— ) total
8 On-budget
9 Off-budget
Source of financing (total)
10 Borrowing from the public
11 Operating cash (decrease or increase (-"•))
12 Other3
MEMO
13 Treasury operating balance (level, end of period)
14 Federal Reserve Banks
15 Tax and loan accounts

90



....

59,711
39,764
19,947
82,295
64,688
17,607
-22,583
-24,924
2S340

99,205
77,644
21,562
90,071
72,888
17,184
9,134
4,756
4,379

60,690
40,980
19,710
83,608
66,792
16,816
-22,918
-25,812
2,894

69,479
51,015
18,464
92,558
74,753
17,805
-23,079
-23,738
659

97,803
75,586
22,217
87,630
70,113
17,518
10,173
5,474
4,699

63,646
45,847
17,799
90,655
73,514
17,141
-27,009
-27,667
658

64,408
47,023
17,385
93,542
75,543
17,999
-29,134
-28,519
-614

93,795
74,682
19,114
105,237
91,606
13,632
-11,442
-16,924
5,482

7,559
27,223
-12,199

11,391
-20,638
113

3,665
15,696
3,557

23,370
10,954
-11,245

14,665
-31,444
6,606

10,716
13,748
2,545

31,520
9,218
-11,604

12,036
-12,268
11,674

18,966
2,871
16,095

39,604
9,762
29,842

23,908
3,910
19,998

12,954
4,390
8,564

44,398
13,024
31,375

30,650
6,151
24,499

21,432
5,198
16,234

33,700
8,657
25,044

26. U.S. budget
A. Receipts
Millions of dollars
Source
1 All sources

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

925,933 81,791 60,355

2 Individual income taxes, net
3 Withheld
4 Presidential Election Campaign
Fund
5 Nonwithheld
6 Refunds
Corporation income taxes
7 Gross receipts . .
8 Refunds
9 Social insurance taxes and
contributions, net
10 Employment taxes and
contributions1
11 Unemployment insurance
12 Other net receipts2
13
14
15
16

Calendar year 1988
Year | Jan.

Excise taxes . . . .
Customs deposits
Estate and gift taxes 3
Miscellaneous receipts

65,730 109,323 59,711 99,205

60,690

69,479

97,803

63,646

64,408

93,795

407,960 43,987
348,900 24,979

25,651
28,046

20,637
33,296

53,334 17,958
24,913 27,071

46,092
30,995

25,791
25,567

31,942
30,330

41,784
27,209

31,287
28,824

29,822
30,092

39,673
37,578

0
32
131,490 19,262
255
72,470

4
1,179
3,577

7
4,315
16,982

7
7
50,477 9,714
22,062 18,834

3
16,667
1,573

2
2,300
2,078

1
1
2,956 16,793
1,346
2,219

0
3,430
967

0
1,367
1,638

0
3,034
939

114,410
16,090

4,450
820

2,652
1,677

14,909
2,203

14,030
2,004

19,213
866

3,101
1,602

2,377
916

21,380
712

3,789
1,995

2,662
1,219

23,100
940

338,660 28,162

28,500

25,676

37,357 33,396

27,976

26,915

28,373

28,694

23,848

25,075

24,698

309,390 26,920
883
24,722
360
4,546

25,739
2,399
362

25,141
179
356

34,464 24,948
2,477
8073
416
375

27,200
352
415

24,964
1,598
353

23,477
4,545
351

27,991
285
419

22,400
1,101
347

22,051
2,641
382

24,100
189
410

2,885
1,506
622
1,760

3,136
1,430
644
1,590

3,250
1,343
627
1,265

3,490
1,650
661
1,902

3,158
1,367
678
1,454

3,134
1,381
662
1,540

3,247
1,403
753
2,666

3,155
1,391
673
2,046

Aug.

Sept.

Oct.

Nov.

Dec.

35,874
16,448
7,917
20,823

2,393
1,195
531
1,893

2,204
1,296
566
1,164

Year

Jan.

Feb.

2,748
1,136

2,767
1,204
749
1,886

3,055
1,282
751
1,657

Mar. | Apr.

May

June

95,013 95,554

82,295

90,071 83,608 92,558 87,630

B. Outlays1
Millions of dollars
Source
1 All types . .

Calendar year 1988

1,066,440 65,895 84,382

23,670 26,484 26,747 20,967
907
1,561
516 1,490

July

90,655 93,542 105,237
25,938 24,702
2,176 -2,055

28,934
805

293,576 19,895
9,786 1,074

12 Health
13 Social security tind medicare
14 Income security
15
16
17
18
19

2,120
2,354 2,249 3,085
2,713
3,748
1,441
1,857
2,170 2,555
3,539
29,038 1,207
827
803
765
868
825
831
710
865
900
706
704
735
9,539
174
9,922
383
697
1,017
796
934
814
351
851
1,486
819
1,600
154,415 13,551 13,988 12,187 12,592 12,719 11,061 12,677 13,661 12,371 13,014 13,622 12,972
-36,537 -2,647 -2,868 -2,802 -2,895 -3,303 -3,251 -2,706 -3,041 -4,892 -2,751 =2,844 -2,537

Veterans benefits and services
Administration of justice
General government
Net interest2
Undistributed offsetting receipts3..




11,213
2,521

749
773
247 -1,635

25,317 24,449
1,602
1,568

24,532 21,941
833
-691

2 National defense
3 International affairs
4 General science, space, and
technology
5 Energy
6 Natural resources and
environment .
7 Agriculture
8 Commerce and housing credit
9 Transportation
10 Community and regional
development
11 Education, training, employment,
and social services

956
538

949
382

911
507

1,023
516

961
257

930
282

702
116

1,136
366

1,116
539

1,007
406

15,108
15,597
26,342
27,676

1,097
2,275
1,216
1,990

969
1,014
-910
1,995

1,083
1,160
2,361
1,892

1,037
2,099
1,203
2,053

1,133
1,304
163
2,427

1,459
20
2,035
2,397

1,096
311
-337
2,335

1,213
-152
4,077
2,696

1,625
-414
6,076
2,568

1,451
3,025
477
2,504

1,465
3,243
2,764
2,570

1,480
1,712
7,217
2,249

5,455

452

459

535

555

296

468

-109

284

743

648

588

536

31,603

2,771

3,041

2,545

2,253

2,410

2,431

1,984

3,033

2,588

2,644

3,054

2,849

46,008 3,582
284,339 6,951
130,704 10,254

3,650
24,585
11,264

3,977 3,823
25,692 25,215
10,581 11,226

3,994
23,951
8,855

3,962
25,310
11,054

4,102
25,865
12,355

4,119
3,502
3,741
3,765 3,791
26,145 24,920 24,487 28,234 23,475
12,738 12,920 10,214 8,336 10,907

91

27. Federal debt subject to statutory limitation, 1988
Billions of dollars

Mar. 31

June 30

Sept. 30

1 Federal debt outstanding

2,493.2

2,55is.l

2,614.6

2,707.3

2 Public debt securities
3 Held by public
4 Held by agencies

2,487.6
1,996.7
490.8

2,54'?. 7
2,013.4
534.2

2,602.2
2,051.7
550.4

2,684^4
2,095,2
589,2

5.6
51
.6

7.4
7.0
.5

12.4
122
.2

22.9
22.6
.3

2,472.6

2,532.2

2,586.9

2,669,1

2,472.1
.5

2,532.1
.1

2,586.7
.1

2,668.9
.2

28000

2 8()[ .0

2 8000

2 8CK) 0

Item

.

5 Agency securities
6 Held by public
7 Held by agencies
8 Debt subject to statutory limit
9 Public debt securities
10 Other debt1

.

MEMO
11 Statutory debt limit

Dee. 31

28. Gross public debt of the U.S. Treasury—Types and ownership
Billions of dollars, end of period

1988

1987
Type and holder

Q3

Q4

01

Q2

Q3

Q4

2,309.3

2,350.3

2,431.7

2,437.6

2,547.7

2,602.2

2,684.4

2,244.0
1,635.7
406.2
955.3
259.3

2,306.7
1,659.0
391.0
984.4
268.6

2 347.7
1,676.0
378.3
1,005.1
277.6

2,428.9
1,724.7
389.5
1,037.9
282.5

2,4&-.9
1.75S.7
392,6
1,055.9
291.3

2,545.0
1,769.0
382.3
1,072.7
299.9

2,599.9
1,802.9
398.4
1S089.6
299.9

2,663.1
1,821.3
414.0
1,083.6
308.9

608.1
118.5
4.9
4.9
.0
93.0
391.4

647.7
125.4
5.1
5.1
.0
95.2
421.6

671.8
129.0
4.4
4.4
.0
97.0
440.7

704.2
139.3
4.0
4.0
.0
99.2
461.3

726.2
142.9
6.1
6.1
.0
102.3
474.4

775.1
146.9
5.7
5.7
.0
104.5
517.5

797.0
147.6
6.3
6.3
.0
106.2
536,5

841.8
151.5
6.6
6.6
.0
107.6
575.6

2.7

2.6

2.5

2.8

2.6

2.7

2.3

21.3

407.5
196.4
1,641.4
199.9
18.5
112.2
73.5
264.6

438.1
212.3
1,657.7
199.3
20.6
112.2
79.7
268.7

457.2
211.9
1,682.6
205.0
15.2
118.4
81.8
273.0

477.7
222.6
1,745.2
201.2
14.3
120.6
84.6
282.6

490.8
217.5
1,778.2
201.0
14.9
125,5
83,0
285,8

534.2
227.6
1,784.9
202.5
13.1
132.2
86.5
286.3

550.4
229.2
1,819.0
203.0
10.8
135.0
86.0
287.0

589.2
238.4
1,852.8
19S.O
18.8
n.a.
86.1
n.,a.

94.7
68.3
260.3
549.4

96.8
68.6
268.6
543.2

98.5
70.4
267.0
553.3

101.1
72.3
287.3
581.2

1040
72,7
321,0
573.2

106.2
73.9
333.8
552.6

107.8
76.7
334.3
583.1

109.6
77.8
349.3
n.a.

Ql

Q2

1 Total gross public debt

2,246.7

By type
Interest-bearing debt
Marketable
Bills
Notes
Bonds

2
3
4
5
6

7 Nonmarketable1
8 State and local government series
9 Foreign issues^ .
10
Government
11
Public
12 Savings bonds and notes ...
13 Government account series3
14 Non-interest-bearing debt

i

4

By holder
15 U.S. Treasury and other federal agencies and trust funds....
16 Federal Reserve Banks
17 Private investors
18 Commercial banks
19 Money market funds
20 Insurance companies
21 Other companies
22 State and local governments
.
Individuals
23 Savings bonds
24 Other securities
25 Foreign and international5 . . 6
26 Other miscellaneous investors

92



29. U.S. government securities dealers, 1988
A. Transactions1
Par value; averages of daily figures, in millions of dollars
Item

Jan.

| Feb.

| Mar. | Apr. | May [ June [ July [ Aug. [ Sept. | Oct.

| Nov.

| Dec.

IMMEDIATE DELIVERY2
1 U.S. Treasury securities

1
8
9
10
11
12
13

94,383 105,198 111,008

92,105 100,116 99,220

28,277
2,986
23,706
21,796
13,873

29,291
3,576
24,704
22,644
14,168

30,344
3,847
30,824
23,924
16,259

28,059
3,825
31,292
28,079
19,752

29,150
2,940
23,129
23,277
13,609

29,548
3,462
28,560
23,756
14,788

27,398
3,247
28,202
25,854
14,519

3,003
59,652
41,810
17,767
3,632
2,774
17,988

2,742
52,624
35,271
15,674
3,127
2,278
17,257

2,815
55,510
36,058
14,702
3,426
2,458
18,441

2,619
63,549
39,030
15,180
2,910
2,125
17,764

2,766
66,145
42,097
15,657
3,193
2,113
24,139

2,255
55,273
34,577
14,276
3,312
2,401
26,734

2,327
58,577
39,211
13,948
3,053
1,833
23,413

2,790
9,401
1

2,660
9,526
2

2,768
9,413
6

2,995
8,772
0

3,193
2,205
9,080 11,565
0
0

1,886
8,524
0

1,707
6,549

3,555
6,914

1,453
8,426

1,502
7,421

2,516
8,597

2,329
9,369

1,670
7,087

Jan. 6

2
3
4
5
6

107,821 104,466 90,637

Jan. 13

Jan. 20

Jan. 27

82,735

99,338

110,172

108,943 132,644

By maturity
Bills
Other within 1 year.
1-5 years
5-10 years
Over 10 years

25,096
4,388
20,993
19,755
12,503

30,217
3,286
26,108
24,975
14,752

38,593
3,664
26,233
26,627
15,054

30,056
3,564
29,325
28,389
17,609

33,720
4,212
38,094
31,863
24,755

By type of customer
U.S. government securities dealers
U.S. government securities brokers
All others3
Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper

2,048
48,778
31,909
16,063
6,027
3,841
19,199

2,555
61,208
35,575
16,857
4,144
2,949
18,562

2,919
63,159
44,093
19,314
4,533
3,059
20,279

2,779
63,064
43,100
16,328
3,964
2,962
17,793

1,458
7,703
0

2,516
9,522
0

3,358
8,330
0

1,567
3,977

1,389
7,463

1,015
8,635

By maturity
Bills
Other within 1 year.
1-5 years
5-10 years
Over 10 years . . . . .

31,884
3,787
28,470
27,014
16,666

28,003
3,697
29,575
23,968
19,222

By type of customer
U.S. government securities dealers
U.S. government securities brokers
All others3
Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper

2,784
63,561
41,476
18,159
4,716
3,172
19,478

109,758 114,807

89,954

29,616
3,286
28,662
30,400
17,793

32,553
3,537
32,824
27,072
18,822

28,522
2,925
23,378
21,483
13,645

2,667
58,670
37,883
15,474
3,127
1,994
26,415

3,216
65,602
40,941
17,651
3,636
2,177
28,748

3,122
67,174
44,511
17,541
3,535
2,563
26,590

2,810
51,788
35,356
14,801
2,759
1,898
28,156

2,592
9,485
0

2,555
9,393
0

2,776
10,678
0

2,466
11,015
0

2,643
9,490
0

2,283
8,701

1,478
7,601

1,787
8,026

3,112
8,188

1,748
9,217

FUTURES CONTRACTS4
14 Treasury bills
,
15 Treasury coupons
0
16 Federal agency securities

FORWARD TRANSACTIONS5
17 U.S. Treasury securities .
18 Federal agency securities ,

Week ending Wednesday
Feb. 3

Feb. 10 Feb. 17 Feb. 24

Mar. 2

Mar. 9

Mar. 16

108,746 100,651

90,586

94,871

88,723

78,320

29,372
3,649
28,198
24,033
23,495

29,252
3,319
28,180
20,665
19,235

25,054
3,627
29,840
18,561
13,503

22,996
3,427
24,063
28,843
15,541

25,866
2,627
20,679
24,531
15,019

28,075
2,731
18,305
18,099
11,110

3,308
76,412
52,924
21,936
4,028
2,933
19,220

2,890
62,269
43,586
21,818
3,847
3,128
16,971

3,035
56,982
40,634
14,136
3,253
2,419
18,646

2,583
52,129
35,874
15,949
3,737
2,675
18,209

3,296
54,321
37,255
18,169
3,409
2,543
18,847

3,238
49,920
35,564
18,320
3,246
2,508
17,547

2,389
44,303
31,628
15,818
2,369
2,131
18,608

3,128
970
,3
0

3,234
11,314
4

3,187
9,132
0

3,289
860
,8
4

1,731
8,558
0

2,587
10,434
8

2,332
943
,9
0

2,166
6,534
0

1,690
4,971

5,119
6,692

6,665
8,699

991
9,028

2,122
4,705

1,558
5,758

1,423
8,856

761
10,005

2

IMMEDIATE DELIVERY
1 U.S. Treasury securities .
2
3
4
5
6
1
8
9
10
11
12
13

FUTURES CONTRACTS4
14 Treasury bills
15 Treasury coupons
16 Federal agency securities

FORWARD TRANSACTIONS5
17 U.S. Treasury securities .,
18 Federal agency securities




93

29. U.S. government securities dealers, 1988—Continued
A. Transactions1—Continued
Par value; averages of daily figures, in millions of dollars
Week ending Wednesday
Item

Mar. 23 Mar. 30

Apr. 6

Apr. 13 Apr. 20

Apr. 27

May 4

May 11

May 18

May 25

June 1

96,370

102,778

89,001

94,494

109,760

77,016

86,664

10§,299

115,546

106,584

115,702

By maturity
Bills
Other within 1 year
1=5 years
5=10 years
Over 10 years

27,625
2,959
28,087
22,645
15,054

32,771
3,301
30,483
21,640
14,583

30,425
4,021
23,062
18,746
12,746

30,888
3,457
19,991
25,988
14,169

32,124
3,223
29,964
26,573
17,875

22,610
3,567
21,952
17,027
11,860

29,945
4,003
21,785
19,844
11,087

31,518
2,925
31,852
25,849
16,155

29,866
4,368
34,260
24,419
22,634

31,331
4,065
34,266
22,215
14,707

31,318
4,372
32,575
30,398
17,039

By type of customer
U.S. government securities dealers
U.S. government securities brokers
All others3
Federal agency securities
Certificates of deposit
Hankers acceptances
. .
Commercial paper

2,392
56,912
37,065
11,196
3,232
2,243
17,575

2,786
62,387
37,606
13,764
3,716
2,252
14,712

3,110
50,968
34,923
15,754
2,818
2,536
18,808

2,650
55,183
36,661
14,364
3,377
2,285
17,509

2,218
66,356
41,186
16,595
3,812
2,391
18,925

2,392
44,500
30,124
13,567
3,701
2,647
17,462

3,592
50,668
32,404
13,555
2,741
2,128
19,033

2,364
66,255
39,680
14,619
2,704
2,418
16,516

3,197
69,067
43,282
16,482
2,954
2,361
17,826

2,414
64,739
39,430
15,547
3,012
1,886
17,132

2,654
69,265
43,783
16,244
3,365
1,788
20,722

3,018
11,085
0

3,123
10,803
30

3,774
7,969
0

2,713
8,447
0

4,786
11,081
0

1,158
6,704
0

2,049
7,652
0

4,149
8,258
0

4,315
10,625
0

2,423
10,274
0

2,658
10,351
0

2,747
9,565

954
5,733

2,412
6,745

1,136
8,630

1,142
8,921

1,020
6,238

2,636
7,003

3,080
1Q:793

1,852
9,372

2,098
7,242

3,310
7J34

June 8

June 15

June 22

June 29

July 6

July 13

July 20

July 27

Aug. 3

Aug. 10 Aug. 17

105,207

100,243

122,107

113,012

91,728

100,572

89,768

89,733

87,923

121,359

109,858

By maturity
Bills
Other within 1 year
1=5 years
5=10 years
.
Over 10 years

27,882
2,940
26,521
28,858
19,006

23,013
3,600
26,100
28,060
19,469

28,984
3,940
39,533
30,013
19,637

30,147
4,201
34,440
24,092
20,131

30,305
3,598
20,731
23,243
13,851

30,067
3,013
23,335
29,654
14,503

28,514
2,811
21,788
22,606
14,049

29,058
2,888
24,876
20,065
12,846

26,980
3,894
23,555
20,648
12,846

34,410
3,344
37,235
29,162
17,208

31,608
3,670
32,762
23,551
18,267

By type of customer
U.S. government securities dealers
U.S. government securities brokers
All others3
Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper
.
...

1,910
63,991
39,307
18,795
3,101
2,342
20,480

2,876
59,226
38,140
16,238
2,983
1,947
23,365

2,916
75,417
43,773
11,911
3,282
2,006
27,976

3,369
65,043
44,600
14,928
3,464
2,169
24,764

2,339
51,547
37,842
13,141
3,083
2,629
29,246

2,171
60,722
37,680
15,615
3,263
2,354
27,321

1,827
54,857
33,085
15,617
3,581
2,415
26,154

2,685
54,706
32,343
12,080
3,243
2,215
25,095

2,902
50,856
34,165
15,907
3,135
2,186
23,726

2,302
73,341
45,716
15,536
3,065
1,906
23,048

2,744
64,511
42,603
15,694
2,975
1,582
24,076

2,048
11,427
0

1,844
9,952
0

3,111
12,423
0

1,615
11,657
0

1,471
8,502
0

2,515
9,414
0

1,781
8,368
0

2153
8,400
0

1,381
8,064
0

4,420
11,114
0

2,647
12,323
0

1,058
10,482

1,904
10,865

4,186
9,957

2,203
7,147

992
5,271

1,629
9,166

1,328
8,071

2,613
5,182

1,278
7,452

3,343
10,258

1,875
12,167

2

IMMEDIATE DELIVERY
1 U.S. Treasury securities
2
3
4
5
6
1
8
9
10
11
12
13

FUTURES CONTRACTS4
14 Treasury bills
15 Treasury coupons
16 Federal agency securities
FORWARD TRANSACTIQNSS
17 U.S. Treasury securities
18 Federal agency securities

2

IMMEDIATE DELIVERY
1 U.S. Treasury securities
2
3
4
5
6
1
8
9
10
11
12
13

FUTURES CONTRACTS4
14 Treasury bills
15 Treasury coupons
16 Federal agency securities
FORWARD TRANSACTIONS5
17 U S Treasury securities
18 Federal agency securities

94



29. U.S. government securities dealers, 1988—Continued
A. Transactions1—Continued
Par value; averages of daily figures, in millions of dollars
Week ending Wednesday
Item

Aug. 24

Aug. 31

Sept. 7

Sept. 14

Sept. 21

Sept. 28

Oct. 5

Oct. 12

Oct. 19

Oct. 26

1 U.S. Treasury securities

82,149

93,740

104,520

96,560

84,689

104,481

104,429

120,435

107,986

108,710

By maturity
2 Bills
3 Other within 1 year
4 1 5 years
5 5-10 years . . . . „
6 Over 10 years . . „

21,917
2,660
25,396
19,247
12,928

31,643
3,681
22,594
23,940
11,882

29,020
2,335
24,577
30,802
17,786

24,188
2,813
24,510
28,553
16,495

25,983
2,758
22,996
21,001
11,950

29,791
3,999
36,614
22,122
11,955

27,608
4,381
27,873
28,702
15,864

32,694
3,121
30,221
34,860
19,539

27,963
3,219
27,682
32,041
17,081

30,283
2,640
31,188
26,836
17,762

1,739
47,103
33,307
10,570
3,019
1,669
22,397

2,132
54,118
37,490
13,090
3,045
2,038
24,656

1,895
60,788
41,837
13,562
3,537
2,296
24,940

2,216
58,312
36,032
14,222
2,850
1,923
26,988

2,279
50,751
31,658
16,168
2,984
1,795
27,773

3,087
62,049
39,345
14,922
3,028
1,938
25,571

3,787
59,543
41,099
18,025
3,462
2,275
29,622

3,278
71,490
45,667
17,739
4,383
2,489
29,801

3,067
65,688
39,231
19,572
3,483
2,068
28,234

3,468
64,916
40,325
15,897
3,564
2,034
26,399

1,384
7,765
0

2,479
7,675
0

3,533
10,690
0

2,914
9,868
0

1,879
8,291
0

2,179
8,020
0

1,796
11,204
0

3,629
10,309
0

2,610
10,227
0

2,059
10,369
0

3,741
7,426

691
5,444

967
6,757

982
11,287

2,015
7,293

2,106
5,649

813
6,282

1,747
10,220

2,568
10,453

2,157
6,406

Nov. 2

Nov. 19

Nov. 16

Nov. 23 | Nov. 30

Dec. 7

Dec. 14

Dec. 21

Dec. 28

2

IMMEDIATE DELIVERY

7
8
9
10
11
12
13

By type of customer
U.S. government securities dealers
U.S. government securities brokers
All others3
Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial papor
FUTURES CONTRACTS4

14 Treasury bills
15 Treasury coupons
16 Federal agency securities
FORWARD TRANSACTIONS5
17 U.S. Treasury securities
18 Federal agency securities

IMMEDIATE DELIVERY2
1 U.S. Treasury securities
2
3
4
5
6
1
8
9
10
11
12
13

113,840

123,635

128,011

108,836

99,319

118,665

101,917

85,669

61,962

By maturity
Bills
Other within 1 year
1—5 years
5—10 years
Over 10 years

30,395
4,455
29,073
31,032
18,886

32,865
3,409
35,116
32,697
19,547

37,877
4,313
38,559
26,258
21,004

30,327
2,588
33,669
22,744
19,508

30,841
3,568
26,235
24,017
14,657

30,749
3,341
33,119
31,324
20,132

29,298
2,776
23,714
28,616
17,514

32,158
3,336
19,340
18,361
12,475

24,612
2,363
17,358
10,819
6,810

By type of customer
U.S. government securities dealers
U S government securities brokers
All others3
Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper

3,509
68,026
42,305
18,729
3,120
2,054
28,662

3,173
74,823
45,638
17,901
2,943
2,642
25,452

3,409
73,938
50,663
22,857
3,818
3,404
27,891

3,422
62,572
42,843
15,759
3,940
2,057
25,960

2,103
57,329
39,886
14,057
3,815
2,497
26,914

2,736
71,063
44,865
15,877
3,098
2,160
27,742

2,891
61,066
37,960
19,339
2,941
2,071
27,230

2,580
48,362
34,727
12,563
3,202
1,814
29,704

3,376
32,559
26,027
11,955
1,978
1,438
26,165

3,529
12,349
0

2,847
11,057
0

2,371
11,710
0

2,737
9,563
0

1,907
11,389
0

3,288
13,647
0

3,461
11,618
0

2,717
9,078
0

1,112
4,833
0

1,818
5,781

3,362
10,289

4,574
10,201

2,899
7,322

1,572
5,348

1,299
9,250

2,932
14,644

1,312
10,799

1,891
3,636

FUTURES CONTRACT^
14 Treasury bills
15 Treasury coupons
16 Federal agency securities
FORWARD TRANSACTIONS5
17 U S Treasury securities
18 Federal agency securities




95

29. U.S. government securities dealers, 1988—Continued
B. Positions1
Averages of daily figures, in millions of dollars

Jan.

Item
NET IMMEDIATE

1 U.S. Treasury securities
2
3
4
5
6
7
8
9
10

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dee.

2

-13,286 -10,234 -10,138 -15,105 -26,408 -25,191 -31,320 -31,781 -26,759 -25,810 -24,084 -33,065

By maturity
Bills
Other within 1 year
1-5 years
5—10 years
Over 10 years

2,293
-761
-70
-5,610
-9,137

3,156
-784
2,730
-7,493
-7,843

3,290
-780
2,992
-8,193
-7,447

5,536
-970
-3,038
-8,587
-8,047

3,690
86
1,719
-90
1,658
6,816
331 -1.623
-2,614
-983 -2,638 -2,389 -3,811 ™5,546 -3,619 -1,941
-6,785 -7,541 -4,887 -6,234 -2,896
851 -1,334 -10,021
-8,649 -10,274 -14,049 -13,383 -13,750 = 11,191 -7,667
7,116
8,112 -9,655 -11,432 -13,117 -13,615 -11,794 = 12,364
-8,446

Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper

23,943
5,866
2,246
5,533

26,654
5,314
2,880
5,819

28,780
5,619
3,197
6,204

26,622
5,678
3,059
5,591

26,785
6,075
2,395
4,518

29,417
8,066
2,618
5,561

30,070
8,832
2,734
5,847

27,844
8,476
1,963
5,829

29,023
8,200
1,786
6,830

30,169
8,262
2,247
6,770

32,162
8,447
2,579
5,957

27,287
8,770
2,128
9,365

-2,128
7,826
0

-4,556
5,066
0

-4,192
5,406
0

-3,681
5,101
0

-=2,027
4,460
0

-2,695
4,137
0

904
7,454
0

1157
8,476
0

-4,049
7,745
0

-4,388
6,534
0

--1,878
5,875
0

1014
6,613
0

FUTURES POSITIONS
1 1 Treasury bills
12 Treasury coupons
13 Federal agency securities
FORWARD POSITIONS
14 U.S. Treasury securities
15 Federal agency securities

-1,175
=968
-768
735
734
1,090
2,191
1,114
1,353
641
-347
-451
-14,396 -15,610 -16,442 -16,528 -14,976 -17,834 -18,780 -17,258 -16,988 = 17,557 =16,963 -12,847
Week ending Wednesday

NET IMMEDIATE

7
8
9
10

Mar. 9

Mar. 16 Mar. 23

-7554 -11,552 -12,041

-ti,S82

-99703

-9,294 -14,050

Feb. 10 Feb. 17 Feb. 24

-11,424 -15,194 -12,130 -13,499 -12,409

Jan. 13

Jan. 20

Jan. 27

2

1 U.S. Treasury securities
2
3
4
5
6

Mai. 2

Feb. 3

Jan. 6

By maturity
Bills
Other within 1 year
1-5 years
5—10 years
Over 10 years

179
= 1,639
4,351
-5,320
-8,994

-268
-1,149
634
-4,864
-9,547

4,645
-629
-1,391
-5,341
-9,414

3,718
-79
-2,036
-6,170
-8,933

3,856
=657
412
-7,155
-8,866

3,730
-578
4,089
-7,087
7,707

3,430
-1,095
1,883
-7,499
-8,271

2,780
-841
1,039
-7,500
-7,520

2,672
-568
6,353
-B,208
-6,731

1,782
-523
4,427
=8,485
-6,904

3,214
-801
3,038
-7,644
-7,102

3,038
-1,109
735
-9,126
-7,587

Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper

23,375
7,654
2,573
6,873

24,374
6,040
2,056
5,054

24,580
5,451
2,191
5,528

23,176
5,288
2,321
5,213

25,084
5,463
2,440
6,088

27,578
5,416
2,924
6,066

28,712
5,388
2,784
6,103

25,128
5,388
2,916
5,013

26,783
4/>68
3,431
6>,530

29,375
5,403
3,649
6,452

30,177
5,367
2,832
6,489

28,747
5,807
2,823
6,102

-2,159
8,190
0

-1,411
8,833
0

-2,125
8,342
0

-2,597
7,213
0

-3,140
5,593
0

=4,003
3,576
0

-5,092
5,138
0

-4,732
5,781
0

-6,026
5,615
0

-6,046
5,127
0

-3,680
5,557
0

=2,886
5,353
0

FUTURES POSITIONS
11 Treasury bills
12 Treasury coupons
13 Federal agency securities
FORWARD POSITIONS
14 U.S. Treasury securities
15 Federal agency securities

-1,364 -1,323 -2,287
287
4
720
736
-99
1,672
1,543
328
-587
-13,869 -15,875 -14,966 -13,015 -14,409 -16,891 -17,202 -14,342 -14,375 -15,563 -18,184 -17,208

Mar. 30

Apr. 6

-10,322

-9,885 -10,565 -13,289 -21,879 -21,620 -24,784 -24,429 -29,119 -32,079 -27,543 -25,150

Apr. 13 Apr. 20 Apr. 27

May 4

May 11 May 18 May 25

June 1

June 8

June 15

NET IMMEDIATE2
1 U.S. Treasury securities

2
3
4
5
6
7
8
9
10

By maturity
Bills
Other within 1 year
1-5 years
5-10 years
Over 10 years

3,655
-802
2,834
-7,590
=8,419

7,389
-416
-281
-8,325
-8,251

8,406
-608
-1,719
-8,807
-7,838

7,058
-848
-3,927
-7,859
-7,714

1,807
-1,382
-5,168
-8,872
-8,264

1,624
-2,322
2,787
-9,702
-8,432

999
-2,042
-5,311
-9,603
-8,828

251
-106
=2,572 -3J21
-6,547 -10,114
-7,198 =8,222
-8,005 -7,513

-2,643
2,219
4,390
-2,793 -1,773
-730
=8,217 = 10,968 -7,990
=9,159 =9,832 = 10,213
-9,267 -9,359 -8,436

Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper

27,324
6,175
3,219
5,752

27,063
6,257
3,238
5,962

27,596
5,871
3,083
4,872

25,619
5,541
2,566
5,517

25,765
5,337
3,378
5,727

26,861
5,604
3,151
5,990

27,358
5,607
2,719
4,868

27,790
5,947
2,324
4,140

25..H68
6,399
1,908
3,555

27,407
7,034
2,209
5,212

27,110
7,457
2,564
4,828

30,692
7,813
2,637
5,256

-3,274
5,578
0

-3,541
5,129
0

-4,013
4,639
0

-4,767
5,239
0

-3,022
5,624
0

-559
4,788
0

-820
3,263
0

-2,480
3,695
0

-3,398
5,442
0

3,067
5,340
0

-3,003
4,561
0

-3,987
4,1118
0

FUTURES POSITIONS
1 1 Treasury bills
12 Treasury coupons
13 Federal agency securities
FORWARD POSITIONS
14 U S Treasury securities
15 Federal agency securities

96



1,160
3,050
869
2,849
856
974
1,393
3,070
1,101
1,363
769
1,090
-15,738 -15,482 -17,508 -16,536 -15,879 -15,483 -15,840 -16,540 -12,958 -14,899 -17,337 -18,527

29. U.S. government securities dealers, 1988—Continued
B. Positions1—Continued
Average of daily figures, in millions of dollars
Week ending Wednesday

Type and maturity

June 22

June 29

July 6

July 13

July 20

July 27

Aug. 3

Aug. 10

Aug. 17

Aug. 24

-25,951

-20,164

-25,419

-28,696

-32,611

-35,433

-32,675

-36,135

-32,230

-32,865

By maturity
Bills
Other within 1 year
1-5 years
5-10 years
Over 10 years

683
-183
-9,373
-9,544
-7,535

966
-587
-2,559
-11,070
-6,915

1,374
-2,494
-2,328
-13,589
-8,382

864
-3,197
-3,260
14,325
-8,778

-1,241
-2,708
-5,548
-13,263
-9,851

-719
-2,237
-7,929
-14,175
-10,373

-263
-2,070
-3,905
-15,002
-11,435

-1,279
-1,734
-5,328
-15,839
-11,955

921
-2,339
-7,559
-12,242
-11,011

1,360
=2,583
-8,056
-12,598
-10,989

Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper

30,304
8,359
2,351
6,095

30,131
8,502
2,916
5,612

28,865
9,679
3,094
6,290

30,192
8,887
2,715
5,120

31,982
8,791
2,770
5,934

28,858
8,432
2,518
5,952

29,835
8,360
2,547
6,779

28,763
8,406
1,893
6,357

27,947
8,863
1,779
5,465

26,549
8,393
1,780
4,967

-2,206
3,651
0

-2,024
3,805
0

-1,176
6,724
0

352
6,232
0

1,911
8,291
0

1,733
7,896
0

376
8,579
0

979
9,127
0

1,523
8,838
0

1,727
7,760
0

356
-17,342

1,838
-18,567

622
-18,348

921
-19,593

1,376
-19,699

2,099
-17,178

1,279
-19,157

1,824
-18,620

-331
-17,063

-324
-16,406

Aug. 31

Sept. 7

Sept. 14

Sept. 21

Sept. 28

Oct. 5

Oct. 12

Oct. 19

Oct. 26

-25,977

-24,643

-25,314

-27,691

-27,809

-27,344

-25,909

-27,801

-26,606

6,254
-3,202
-5,271
-12,008
-11,750

7,493
-3,431
-2,733
-13,414
-12,558

6,803
-3,251
-2,588
-13,435
-12,842

6,880
-4,141
-3,193
-13,832
13,406

8,317
-3,943
-4,864
-14,127
-13,192

3,810
-5,079
1,493
-13,718
-13,850

5,086
-5,535
1,320
-13,569
-13,212

1,814
-5,816
-160
-10,315
13,323

4,064
-5,439
-715
-9,915
-14,602

27,007
8,346
2,047
6,082

27,674
8,680
2,135
6,285

28,996
8,199
1,829
6,348

29,970
7,916
1,438
7,195

28,886
8,191
1,797
7,001

29,398
8,052
1,933
7,400

29,251
8,322
2,238
6,963

30,608
8,080
2,148
7,035

30,552
8,158
2,314
6,340

1,079
7,938
0

-1,927
8,101
0

-3,582
7,400
0

-5,976
7,894
0

-4,710
7,600
0

-2,849
7,538
0

-3,955
5,849
0

-4,803
6,128
0

-4,165
7,556
0

1,160
-15,737

994
-15,675

148
-17,357

560
-18,030

-1,501
-16,563

-706
-17,463

-42
17,369

1,375
-17,358

-1,887
-17,670

Nov. 2

Nov. 9

Nov. 16

Nov. 23

Nov. 30

Dec. 7

Dec. 14

Dec. 21

Dec. 28

-20,416

-26,443

-22,652

-23,879

-25,129

-28,723

-32,233

-33,303

-36,617

2,880
-5,404
4,175
-9,494
-12,573

-1,375
-5,079
1,732
-9,836
-11,886

446
-3,369
223
-7,496
-12,455

2,127
-2,467
-4,900
-7,572
11,066

-1,289
-2,731
-5,154
-4,196
-11,759

-932
-2,198
-6,699
-5,445
-13,449

-1,645
-2,076
9,180
=6,200
-13,132

531
-1,541
-11,870
-8,314
-12,109

-3,395
-1,728
-12,340
-7,841
-11,313

31,545
9,070
2,729
6,466

33,928
8,729
2,481
6,079

34,509
8,732
2,897
6,563

31,083
7,791
2,466
5,601

28,887
8,124
2,317
5,352

27,866
8,681
2,306
6,909

30,539
8,658
2,049
7,741

27,637
8,693
1,960
10,809

24,238
8,878
2,157
11,426

-6,658
5,468
0

-4,336
5,065
0

-1,083
6,321
0

-264
5,973
0

1,057
6,657
0

710
7,210
0

985
6,700
0

1,740
6,944
0

804
5,391
0

-653
-17,771

-1,789
-18,866

-919
-17,330

-472
-15,976

452
-15,096

-949
-14,146

-139
-15,048

-951
12,089

6
-10,832

NET IMMEDIATE

2

1 U.S. Treasury securities
2
3
4
5
6
7
8
9
10

FUTURES POSITIONS
11 Treasury bills
12 Treasury coupons
13 Federal agency securities
FORWARD POSITIONS
14 U.S. Treasury securities
15 Federal agency securities

NET IMMEDIATE2

1 U.S. Treasury securities
2
3
4
5
6
7
8
9
10

By maturity
Bills
„ .
Other within 1 year
1-5 years
„....
5-10 years
Over 10 years. .,

.

Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper . .
FUTURES POSITIONS

11 Treasury bills
12 Treasury coupons
13 Federal agency securities
FORWARD POSITIONS
14 U.S. Treasury securities. ...
15 Federal agency securities

NET IMMEDIATE2

1 U.S. Treasury securities
2
3
4
5
6
7
8
9
10

By maturity
Bills
Other within 1 year
1—5 years . . . .
5-10 years
Over 10 years
Federal agency securities
Certificates of deposit
Bankers acceptances
Commercial paper . .

. .

FUTURES POSITIONS
1 1 Treasury bills
12 Treasury coupons
13 Federal agency securities
FORWARD POSITIONS
14 U S Treasury securities
15 Federal agency securities




97

29. U.S. government securities dealers, 1988—Continued
C. Financing1
Millions of dollars
Source

Jan.

Feb.

Mar,

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

REVERSE REPURCHASE AGREEMENTS2
1 Overnight and continuing .
2 Term

123,936 127,093 129,242 128,106 133,373 139,567 132,913 142,123 139,004 149,432 143,423 147,712
155,272 162,899 154,817 173,460 173,839 168,255 173,929 180,848 185,332 193,381 205,634 202,052

REPURCHASE AGREEMENTS3
3 Overnight and continuing .
4 Term

158,934 163,346 167,007 169,201 169,031 176,375 170,071 174,023 178,605 189,498 173,173 183,081
121,216 131,616 128,663 138,083 139,514 131,295 130,213 134,599 134,107 145,288 165,035 145,045

Jan. 6

Jan. 13 Jan. 20 Jan. 27

Feb. 3 Feb. 10 Feb. 17 Feb. 24 Mar. 2 Mar. 9 Mar. 16

REVERSE REPURCHASE AGREEMENTS2
1 Overnight and continuing.
2 Term

122,199 115,722 125,177 131,187 126,718 123,351 131,360 125,914 128,559 133,085 127,703
144,679 149,627 153,567 164,575 171,573 177,470 153,659 155,642 155,772 154,126 152,514

REPURCHASE AGREEMENTS3
3 Overnight and continuing.
4 Term

158,756 150,262 162,704 163,048 161,264 160,076 170,618 159,490 165,187 167,593 170,670
110,680 113,254 118,392 133,665 138,128 145,181 122,743 127,386 124,334 127,084 125,601
Mar. 23 Mar. 30 Apr. 6 Apr. 13 Apr. 20 Apr. 27 | May 4 May 11 May 18 | May 25 Juns 1

REVERSE REPURCHASE AGREEMENTS2
1 Overnight and continuing.
2 Term

127,224 129,390 128,442 125,076 128,046 128,790 133,448 122,454 137,632 127,670 148,771
157,120 155,281 154,041 170,252 176,503 183,515 187,566 108,632 162,396 171,438 162,360

REPURCHASE AGREEMENTS3
3 Overnight and continuing.
4 Term

164,653 165,035 171,037 163,588 176,779 163,760 174,225 15'',861 173,713 164,323 179,127
133,943 130,698 123,955 136,626 139,544 145,298 148,290 155,756 128,868 138,889 126,721
JuneS June 15 June 22 June 29

July 6 | July 13 July 20 My 27 Aug. 3 Aug. 101 Aug. 17

2

REVERSE REPURCHASE AGREEMENTS
1 Overnight and continuing.
2 Term

140,419 145,354 128,772 143,718 130,391 133,643 133,835 132,327 135,296 136,155 146,552
165,311 168,917 176,891 164,202 162,655 171,128 174,307 179,193 189,380 195,672 170,893

REPURCHASE AGREEMENTS3
171,040 185,031 167,758 181,922 172,365 171,418 173,896 165,821 163,173 165,304 177,738
128,004 128,478 140,894 131,055 119,605 128,451 128,207 136,480 145,188 149,668 125,776

3 Overnight and continuing.
4 Term

Aug. 24 Aug. 31 Sept. 7 Sept. 14 Sept. 21 Sept. 28 Gc:t. 5

Oct. 12 Oct. 19 Oct. 26

2

REVERSE REPURCHASE AGREEMENTS
1 Overnight and continuing.
2 Term

137,614 152,267 140,678 140,935 138,679 132,608 14^,792 148,541 152,285 146,437
177,419 174,288 177,115 184,836 189,385 190,187 184,847 187,466 189,152 197,228

REPURCHASE AGREEMENTS3
3 Overnight and continuing.
4 Term

172,488 187,072 180,419 179,452 178,799 172,412 186,953 189,359 193,747 184,577
130,995 125,603 123,826 131,477 138,002 142,523 135,606 138,246 138,838 154,170
Nov. 2

Nov. 9 Nov. 16 Nov. 23 Nov. 30 Deo. 7 Dec. 14 Dec. 21 Dec. 28

REVERSE REPURCHASE AGREEMENTS2
1 Overnight and continuing.
2 Term

153,796 143,779 149,375 115,132 161,256 151,461 151,229 144,363 140,953
212,406 216,432 196,464 220,119 186,814 196,234 203,600 209,967 209,170

REPURCHASE AGREEMENTS3
3 Overnight and continuing.
4 Term

98



193,396 181,667 191,370 113,961 197,605 183,532 186,450 182,091 177,749
162,654 170,116 144,525 209,316 137,132 145,008 145,132 151,035 150,729

30. Debt of federal and federally sponsored credit agencies, 1988
Millions of dollars, end of period
Agency
1 Federal and federally sponsored agencies
2 Federal agencies
3 Defense Department'1
4 Export- Import Bank^'3
5 Federal Housing Administration4
6 Government National Mortgage
Association participation
certificates^
7 Postal Service6
8 Tennessee Valley Authority
9 United States Railway Association6
10 Federally sponsored agencies7
11 Federal Home Loan Banks
12 Federal Home Loan Mortgage
Corporation
13 Federal National Mortgage Association . . .
14 Farm Credit Banks8
15 Student Loan Marketing Association9. . .
16 Financing Corporation . . .
17 Farm Credit Financial Assistance
Corporation1 *
MEMO
18 Federal Financing Bank debt12

19
20
21
22
23

Lending to federal and federally
sponsored agencies
Export-Import Bank3
Postal Service6
Student Loan Marketing Association9
Tennessee Valley Authority
United States Railway Association6

Other Lending™
24 Farmers Home Administration
25 Rural Electrification Administration
26 Other

Jan.

Mar.

Feb.

Apr.

June

May

July

Sept.

Aug.

Oct.

Nov.

Dec.

338,483 346,901 351,356 348,273 352,216 354,446 355,810 360,004 363,894 364,491 390,639 381,498
37,637
13
11,978
98

37,286
12
11,978
101

36,844
12
11,494
100

36,672
11
11,494
103

36,430
11
11,494
105

36,361
11
11,232
116

36,465
11
11,232
116

35,694
11
11,232
115

35,448
11
10,964
120

35,070 35,209
8
8
10,964 10964
139
118

35,688
8
11 033
150

1 615
6,103
17 830
0

1,165
6,103
17 927
0

1,165
6,103
17 970
0

830
6,103
18 131
0

830
5,842
18 148
0

830
5,842
18 330
0

830
5,842
18 434
0

5,842
18 494
0

o

0
5,842
18 511
0

0
5 842
18 138
0

0
5 842
18 256
0

6 142
18 335
0

o

300 846 309 615 314,512 311,601 315,786 318 085 319 345 324 310 328 446 329 421 355 430 345 830
116,374 117,569 118,250 118,153 117,864 117,773 119,409 121,266 126,011 127,113 130,630 135 834

15,581
97,195
54,072
16,424
1 200

19,405
98,593
55,275
16,923
1 850

na

na

20,143 17,199 19,495 17,619 17,844 19,652 18,368 17,384 19 500 22,797
99,853 100,911 102,515 104,757 104,751 105,730 105,986 105,698 105,337 105,459
56,145 54,311 54,578 55,779 54,538 53582 53 764 53 923 53 420 53 127
18,271 18,877 18,434 19,257 19,453 19,880 20,117 21,112 21,403 22,073
3 750
1,850
2,150
2,900
2900
2 900
3 750
5 850
3 750 4 450
na

n a.

na

na

450

450

450

450

690

690

152,099 150,178 149,721 150,044 149,986 149,833 149,937 149,809 146,151 145,529 143,321 142,850

11,972
5 853
4,940
16450
0

11,972
5 853
4,940
16 547
0

11,488
5 853
4,940
16 590

11,488
5 853
4,940
16 751

o

11,488
5 592
4,940
16 768
0

11,226
5 592
4,940
16 950

11,226
5 592
4,940
17 054

11,226
5 592
4,940
17 114

o

10,958
5 592
4,910
17 131
0

10,958
5 592
4,910
16 758
0

10,958
5 592
4,910
16 876
0

11,027
5 892
4,910
16 955
0

59 674
21,187
32023

59 674
19,193
31 999

59 674
19,184
31 992

59 674
19,203
32 135

59 674
19,218
32 306

59 674
19,204
32 247

59 674
19,206
32 245

59 464
19,225
32 248

58 496
19,205
29 859

58 496
19,222
29 593

58 496
19,220
27 269

58 496
19,246
26 324

Oct.

Nov.

o

o

o

31. New security issues of tax-exempt state and local governments, 1988
Millions of dollars
Type of issue or issuer, or use

Year

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

108,078 5,412

8,585

9,821

5,847

7,846

13,912

9,746

6,966

9,669

10,455 8,551

11,268

29,662 1,259
78,417 4,153

2,880
5,705

2,776
7,045

1,707
4,140

3,085
4,761

4,237 1,959
9 675 7 788

2,472
4 494

2,370
7 299

2,058 2,368
8 397 6 183

2,491
8 777

Type of issuer
9,254
4 State
423
5 Special district and statutory authority2 . . . 69,447 3,220
6 Municipalities, counties, and townships . . 29,377 1,769

1,197
5,154
2,234

739
6,310
2,772

441
4,078
1,328

913
4,625
2,308

1,349
8,629
3,934

140
6,752
2,854

576
3,749
2,641

1,206
6,407
2,056

734
7,283
2,438

525
5,550
2,476

1,011
7,690
2,567

75,064 2,862

5,773

6,044

5,190

8,935 8,386

5,317

7,076

6,965

5,830

8,738

13,722
6,974
7 929
17 824
6,276
22,339

754
826
655
650
2,473
415

933
911 1,316
215
452
559
1 016
429
580
1 218 1 099
694
298
105
248
2,213
996 1,900

1,320
858
635
2060
434
3 628

694 1,351
732
265
694
613
1 242 2 358
280
460
2 043 1 661

512
827
559
237
1 238 1 055
2478 1 991
393
294
1 785 1 426

2,564
636
463
2 072
1,010
1 993

1 All issues, new and refunding1
Type of issue
2 General obligation
3 Revenue

7 Issues for new capital, total
8
9
10
11
12
13

Use of proceeds
Education
Transportation
Utilities and conservation
Social welfare
Industrial aid
Other purposes




Jan.

841
189
326
740
153
613

1,699
1 446
225
1 222
128
3 666

Dec.

99

32. New security issues of U.S. corporations
Millions of dollars

1988
Year
1

Jan.

Feb.

Mar.

Apr. | May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1 All issues

408,790 22,175

22,439

25,902

21,227

23,448

30,072

18,071

19,739

23,933

21,818

24,531

12,389

2 Bonds2

350,988 19,485

18,549

20,815

18,515

19,417

25,777

12,933

16,404

?*0,928

19,031

21,096

10,338

Type of offering
3 Public, domestic
4 Private placement, domestic3 —
5 Sold abroad

200,110 18,246
127,700 10,642
23,178 1,239

16,758
10,642
1/791

19,827
10,642
988

16,202
10,642
2,313

17,531
10,642
1,886

22,782
10,642
2,995

10,939
10,642
1,994

15,065
10,642
1,339

J 8,240
10,642
2,688

17,519 16,798
10,642 10,642
1 512 4,298

10,201
10,642
135

2,953

3,151

3,482

4,542

4,084

5,305

2,204

3,476

3,750

61,836 2,184
o
9 975
19,318 1,142
5,901
206
184 286 13,000

1.417

1,007
1 017
2259

1,446
184
1,929
69
11,703

2,281

1,530

2,226

1,035

14,979

7,982
5,138

Industry group
6 Manufacturing
7 Commercial and
miscellaneous
8 Transportation
9 Public utility
10 Communication
11 Real estate and financial
12 Stocks2

....

Type of offering
13 Public preferred
14 Common
15 Private placement3
16
17
18
19
20
21

Industry group
Manufacturing
Commercial and
miscellaneous
Transportation
Public utility..
. .
Communication
Real estate and financial

100



69,669

,. .

11,962

12935

742
890
1,170
486
10,685

5,087

2,712

4,031

4,295

200

1,718

101

115

580

1,707

925

100
540
577

3,552

2,890

1,48S

764
605

3,260

150
856

1,346

10374

1,064
14072

12664

13 940

748
0
264
158
7W

3,335

3,005

2,787

3,435

2,051

478

0
298
29

100

45
672
289

57,802

2,690

3,890

6544
35,911
15 346

1,388
1,302
na

376

625

285
3,746
na

3,794
na

498

4,462
n a.

241
2,471
na

407

3,513

4,731
n.a.

2,837
na

2,620
na

1,922
na

2,957
nu

495
1,556
n 81 .

7,608

268

296

256

318

1,080

1,676

296

538

244

288

430

425

360
1
100
60

44
474
142
0

99
32
93
63

276
150
238
109
1 621

157
15
59
78
2,642

522
51
207
13

2,073

347
72
135
3

525

222
25
282
0

2240

1,993

52
20
70
20

89
0
20
59
1,459

8449
1,535
1 898

515

37 798

1 901

n.a

2,933

4544

501

1,826

0
20
20

2,729

385

5

215
23

865

1,970

2,843

33. Open-end investment companies1
Millions dollars

Feb.

Jan.

Mar.

Apr.

May

July

June

Aug.

Sept.

Oct.

Nov.

Dec.

1987

1 Sales of own shares2

50,116

36,307

40,378

42,857

28,295

28,637

27,970

26,455

24,834

25,990

21,927

26,494

2 Redemptions of own shares3
3 Net sales

26,565
23 551

21,576
14731

24,730
15,648

37,448
5,409

23,453
4,842

23,693
4,944

22,807
5,763

22,561
3,894

28,323
-3489

34,597
-8 607

20,400
1 507

28,100
-1 606

4 Assets4

464,415 490,643

506,752

502,487

500,634

5 Cash position5
6 Other

34098 35 279 37090 43009 39,158 41,467 41,587 40802 42397 40929 41 432 38 175
430,317 455,364 469,662 459,478 461,476 475,099 489,435 498,369 478,610 415,493 405,047 415,618

453,793

516,866 531,022 539,171 521,007 456,422 446,479

1988

1 Sales of own shares2

30,343
3

2 Redemptions of own shares
3 Net sales

23,265

24,589

23,162

19,579

22,503

20,728

20,595

19,872

20,494

20,327

25,780

22 324
8,019

20 914
2,351

23 968
620

25,000
-1,828

21,412
-1,833

23,168
-665

20,561
167

22,837
-2,242

21 330
=1,458

19362
1,132

20599
-272

25,976
-196

473,321 468,735 481,120 477,076

465,822

474,662 481,571 470,660

472,297

4 Assets4

468,998 481,232 473,206

5 Cash position5
6 Other

45,090
45,229 46,706 45,976 43,488
45,307 45,003 43,229 44,015
41,232 43,561
40,157
428 841 439 995 426 645 428 014 423,732 437,891 433,061 420,595 427,956 435,595 427 172 427 207

34. Total nonfarm business expenditures on new plant and equipment, 1988
Billions of dollars; quarterly data are at seasonally adjusted rates
Industry1

Year

Nonmanufacturing
4 Mining
Transportation
5 Railroad
6 Air
7 Other
Public utilities
8 Electric
e
9 Gas and other
10 Commercial and other2




...

.

.

412.02

426.94

436.01

443.71

75.70
82.90

76.87
84.82

79.48
89.43

80.42
93.18

12.59

13.26

12.47

12.35

706
7.25
7 04

.

Q4

12.67

.

Q3

78.12
87.58

Manufacturing
2 Durable goods industries
3 Nondurable goods industries

02

429.67

1 Total nonfarm business

Ql

6.92
6.43
7.08

7.01
6.66
7.05

6.84
8.06
7.26

7.48
7.85
6.77

31.90
14 60
183.44

30.31
14 30
175.79

30.95
14.48
185.83

32.20
1450
185.76

34.14
15 13
186.38

101

35* Business credit of domestic finance companies
Accounts receivable outstanding; millions of dollars, end of period
1986

Type
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov. | Dec.

Seasonally adjusted
1
2
3
4
5
6
7
8
9

Retail financing of installment sales
Automotive (commercial vehicles)
Business, industrial, and farm
equipment
.
Wholesale financing
Automotive
Houipment
AU other
Leasing
Automotive
Equipment
Loans on commercial accounts
receivable and factored commercial
accounts receivable
...
All other business credit

21,393

22,047

22,670

23,174

23,816

24,381

24,892

259454

26,207

26,054

26,579

26,015

23,844

23,674

23,709

23,589

23,460

23,317

23,213

23,257

22',302

23,263

23,216

2-3,1:12

23,392
4,574
6,886

23,732
4,637
6,899

24,850
4,686
6,934

25,006
5,062
6,950

24,863
5,025
6,986

25,399
5,073
6,928

26,199
5,064
6,957

26,950
5,062
6,984

B,989
5,079
£,972

23,777
5,196
7,029

24,214
5,219
7,110

23,OliO
5,348
7,033

16,367
35,206

16,641
35,346

16,822
35,450

16,979
35,316

17,108
35,573

17,110
35,987

17,319
36,185

17,478
36,483

17,978
36,699

18,303
36,856

18,347
36,680

19,827
38,179

15,268
11,064

15,411
10,931

15,764
10,849

15,561
11,017

16,344
11,108

15,177
11,397

15,529
11,425

15,779
11,695

35,698
M,981

15,754
12,166

15,933
12,656

15,978
13,557

Not seasonally adjusted
1
2
3
4
5
6
7
8
9

Retail financing of installment sales
Automotive (commercial vehicles)
Business, industrial, and farm
equipment
Wholesale financing
Automotive
Equipment
AU other
Leasing
Automotive
Equipment
Loans on commercial accounts
receivable and factored commercial
accounts receivable
All other business credit

21,288

21,874

22,312

22,578

23,566

24,254

24,880

25,576

26,718

26,473

27,097

26,366

23,806

23,674

23,733

23,504

23,418

23,504

23,382

23,192

23,079

23,201

23,235

23,128

23,743
4,450
6,843

25,249
4,560
6,937

27,245
4,778
7,109

27,282
5,149
7,160

27,026
5,221
7,016

27,113
5,258
6,936

25,672
5,147
6,731

23,582
5,032
6,632

16368
5,072
6,737

21,457
5,053
7,056

23,628
5,061
7,274

23,447
5,237
7,188

16,570
35,945

16,874
35,731

17,024
35,776

17,188
35,542

17,289
35,463

17,216
35,901

17,400
35,948

17,463
36,037

17.746
36,208

17,784
36,190

17,790
35,942

19,810
38,916

15,235
11,077

15,473
11,058

15,997
10,961

15,765
11,099

16,450
11,094

15,141
11,453

15,399
11,393

15,762
11,596

15,803
H:936

15,774
12,124

15,780
12,421

15,649
13,632

1987

Seasonally adjusted
1
2
3
4
5
6
7
8
9

Retail financing of installment sales
Automotive ( commercial vehicles)
Business, industrial, and farm
equipment
Wholesale financing
Automotive
Equipment
All other
Leasing
Automotive
Equipment
*
Loans on commercial accounts
receivable and factored commercial
accounts receivable
All other business credit

26,352

27,083

27,695

28,453

29,552

30,224

31,079

32,013

33,666

33,705

34,562

35,782

22,668

22,524

22,265

22,411

22,843

23,204

23,711

23,841

24,323

24,754

24,779

25,170

24,987
5,352
7,194

26,132
5,435
7,245

27,081
5,224
7,393

27,506
5,357
7,455

28,197
5,291
7,535

28,268
5,360
7,453

28,295
5,430
7,724

27,963
5,493
7,833

26,946
5,502
7,989

30,136
5,746
8,095

30,618
5,761)
8,162

30,507
5,600
8,342

19,494
38,470

19,698
38,847

19,776
38,997

20,250
39,266

20,346
39,482

20,418
39,754

20,797
40,225

21,334
40,759

21,922
41,235

21,943
42,243

22,002
42,403

21,952
43,335

15,714
13,767

15,942
13,658

15,660
13,802

16,103
14,038

16,232
14,438

16,427
14,751

17,124
15,038

17,339
15,368

17,559
15,902

18,092
16,205

18,324
16,318

18,078
17,043

Not seasonally adjusted
1
2
3
4
5
6
7
8
9

Retail financing of installment sales
Automotive (commercial vehicles)
Business, industrial, and farm
equipment
Wholesale financing
Automotive
Equipment
An other .
Leasing
Automotive
Equipment
Loans on commercial accounts
receivable and factored commercial
accounts receivable
All other business credit

102



26,218

26,803

27,225

27,737

29,203

30,063

31,051

32,221

33^19

34,302

35,253

36,244

22,650

22,504

22,330

22,327

22,774

23,420

23,891

23,762

24,072

24,689

24,801

25,390

25,429
5,211
7,200

27,817
5,328
7,309

29,735
5,314
7,609

30,075
5,442
7,694

30,755
5,498
7,575

30,326
5,552
7,444

27,817
5,523
7,435

24,356
5,466
7,398

21,872
5,491
7*698

27,104
5,587
8,114

29,878
5,590
8,342

31,026
5,493
8,556

19,747
39,339

20,023
39,286

20,013
39,449

20,507
39,639

20,554
39,448

20,508
39,682

20,876
39,923

21,310
40,193

21,635
40,642

21,301
41,384

21,336
41,428

21,956
44,145

15,702
13,744

16,054
13,822

15,813
13,929

16,290
14,162

16,329
14,428

16,312
14,814

16,972
14,989

17,338
15,225

17,701
15,£46

18,186
16,141

18,228
16,025

17,663
17,166

35. Business credit of domestic finance companies—Continued
Accounts receivable outstanding; millions of dollars, end of period

1988
Type

Jan. ] Feb. j Mar.

Apr.

May

June

July

Aug.

Sept.

Oct. 1 Nov. 1 Dec.

Seasonally adjusted
Retail financing of installment sales
1 Automotive (commercial vehicles) . .
2 Business, industrial, and farm equipment
Wholesale financing
3 Automotive
t
4 Equipment
..
.
5 An other
Leasing
6 Automotive
7 Equipment
8 Loans on commercial accounts receivable
and factored commercial accounts
receivable
9 All other business credit

36,187
25,456

36,330
27,105

36,715
26,994

37,191 36,839
27,222 27,157

37,040
27,520

36,975
27,443

36,819
27,607

36,704
27,586

36,679
27,844

36,444 36,548
28,214 28,298

29,966
5,289
8,335

28,716
5,519
8,313

27,617
5,418
8,326

27,636
5,448
8,326

28,283
5,250
8,417

28,675
5,562
8,499

28,614
5,648
8,529

27,929
5,765
8,608

32,897
5,897
8,780

32,216
5,875
8,891

32,201
5,980
9,037

22,846
43,178

23,007
48,149

23,432
49,984

23,446
50,574

23,738
51,563

24,214
52,039

24,415
52,782

24,399
53,857

23,972
55,554

24,275
56,274

24,621 24,673
56,973 57,455

18,499
16,518

17,857
18,420

18,292
19,198

18,857
19,365

18,822
19,436

18,785
19,307

19,048
19,747

19,031
19,749

19,213
19,955

18,928
20,321

19,407
20,822

17,796
21,134

33,300
5,983
9,341

Not seasonally adjusted
1
2
3
4
5
6
7
8
9

Retail financing of installment sales
Automotive (commercial vehicles)
Business, industrial, and farm equipment
Wholesale financing
Automotive
Equipment
Ail other . .
. .
Leasing
Automotive .
Equipment
Loans on commercial accounts receivable
and factored commercial accounts
receivable
All other business credit




35,895 36,082 36,269
27,048 27,091 27,117

36,413
27,052

36,835
27,790

36,943
27,657

37,077
27,505

37,431
27,306

37,365
27,787

37,180
28,237

36,998
28,315

30,514
5,154
. 8,382

30,594
5,400
8,396

30,343
5,502
8,584

30,223
5,529
8,597

30,899
5,454
8,466

30,866
5,762
8,475

28,210
5,747
8,195

24,261
5,738
8,114

26,624
5,881
8,447

28,923
5,714
8,909

31,437
5,804
9,237

33,823
5,876
9,590

23,168
44,193

23,428
48,683

23,709
50,644

23,755
51,130

23,968
51,578

24,284
51,968

24,488
52,377

24,360
53,075

23,661
54,724

23,561
55,082

23,880
55,583

24,698
58,506

18,475
16,464

18,014
18,665

18,420
19,350

19,053
19,545

18,914
19,436

18,619
19,388

18,876
19,676

19,050
19,555

19,374
19,895

19,064
20,221

19,355
20,437

17,370
21,312

35,982
25,442

103

36. Markets for conventional mortgages on new homes, 1988
Millions of dollars, except as noted
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dee.

Item
Terms and yields in primary and secondary markets
PRIMARY MARKETS
1
2
3
4
5
6

Terms1
Purchase price (thousands of dollars)
Amount of loan (thousands of dollars)
Loan-price ratio (percent)
Maturity (years)
.. .
Fees and charges (percent of loan amount)2. . . .
Contract rate (percent per year)

139.4
104.3
76.4
28.1
2.23
8.76

147.2
106.3
75.0
27.3
2.28
8.77

151.4
112.1
76.2
27.7
2.20
8.76

145.3
108.0
76.4
28.1
2.15
8.59

152.0
110.2
73.8
27.5
2.16
8.90

152.9
111.9
75.2
28.4
2.24
8.80

154.2
114.9
76.7
28.5
235
8.68

148.3
109.8
75.4
27.6
2.14
8.90

153.8
114.0
75.8
28.4
1.98
8.77

155.3
115.6
76.1
28.4
2.28
9.05

150.0
110.8
75.6
28.3
2.08
9.04

9.10
10.09

Yield (percent per year)
1 FHLBB series5
8 HUD series4

150.1
108.4
74.0
28.2
2.17
8.75

9 12
9.80

9.15
9.99

9.13
10.19

8.95
10.48

9.26
10.35

9.17
10.47

9.06
10.55

9.26
10.39

9.10
10.21

9.43
10.37

9.39
10.67

10.17
9.83

9.86
9.53

10.28
9.53

10.46
9.67

10.84
9.93

10.65
9.88

10.66
9.91

10.74
10.09

10.58
9.93

10.23
9.77

10.63
9.85

10,81
10,,07

SECONDARY MARKETS
Yield {percent per year)
9 FHA mortgages (HUD series)5
10 GNMA securities6

Activity in secondary markets
FEDERAL NATIONAL
MORTGAGE ASSOCIATION
Mortgage holdings (end of period)
11 Total
12 FHA/VA-insured
13 Conventional
Mortgage transactions (during period)
14 Purchases
.

97,159 98,358 99,787 100,796 101,747 102,368 102,540 102,540 102,453 102,493 102,696 103,013
20,237 20,181 20,094 19,932 19,805 19,765 19,677 19,586 19,526 19,464 19,467 19,415
76,923 78,177 79,693 80,864 81,941 82,603 82,864 82,954 82,927 83,032 83,228 83,598
1,267

2,629

2,776

2,409

2,138

2,372

1,960

1,638

1,111

1,488

1,596

1,726

2,254
5.542

2,516
4.966

3,823
6.149

2,555
6.033

2,142
5,777

2,179
5,365

1,108
4,277

1,041
3,135

1,439
3,257

1,740
3,165

1,289
2,740

1,350
2,148

7

Mortgage commitments
15 Contracted (during period)
16 Outstandine fend of oeriod1)
FEDERAL HOME LOAN
MORTGAGE CORPORATION
Mortgage holdings (end of period)8
18
19

FHA/VA-insured
Conventional

13090 13 926 14 386
632
641
646
12458 13 280 13 745

14822 15 228 15 576 15 133 15 142 15 442 15,669 15,419 17,425
611
619
627
601
595
590
606
633
635
14 187 14595 14949 14514 14 531 14836 15,068 14,824 16,814

Mortgage transactions (during period)
20 Purchases
21 Sales

2,168 3 293
1 832 2414

2932
2312

2,772
2 271

2,877
2 325

4,117
3 649

3,879
4 115

3,858
3 719

4,192
3 728

4,037
3,674

4,109
4231

5,843
5,510

Mortgage commitments9
22 Contracted (during period)

3,868

4262

6437

5 159

6,447

5,328

3,480

6,209

4,406

5,419

10,101

104



4910

37. Mortgage debt outstanding, by type of holder and type of property
Millions of dollars, end of period
1985

1986

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

1 All holders

2,098,222

2,158,773

2,219,767

2,289,843

2,340,953

2,410,369

2,498,600

2,597,175

2
3
4
5

1- to 4-family . . „
Multifamily
Commercial
Farm .

1,362,317
191,027
432,156
112,722

1,400,521
197,686
448,987
111,579

1,443,067
203,822
464,141
108,737

1,488,009
214,470
481,514
105,850

1,517,367
222,074
497,318
104,194

1,568,652
230 056
510,607
101 054

1,634,814
238,494
526,205
99,087

1,698,524
247 831
555,039
95 781

Major financial institutions
Commercial banks1 .
1- to 4-family
Multifamily
Commercial . „
Farm
Savings banks . „
1- to 4-family
Multifamily „
Commercial . ,
Farm
Savings and loan associations
1- to 4-family „
Multifamily . . „
Commercial
Farm
Life insurance companies
1- to 4-family ,
Multifamily
. ..
Commercial
Farm
Finance companies2

1 291 521 1 323,732
388,156
400,746
198 398
203,003
21,582
20,667
165,554
158,786
10305
10,607
161,032
165,705
114,375
111 592
21,357
20,668
28,741
29,942
31
31
569,291
559,263
421,024
425,021
57,660
60,231
83,447
80070
592
509
162,114
158 470
13,869
13,618
19003
19,061
113,421
117,295
12 177
12,140
24,600
25,876

1,354 418
415,222
208 734
22,242
173,210
11 036
174,427
119 952
22,604
31,757
114
573,682
425,596
62,390
85 061
635
164 760
13,454
19074
120,183
12049
26,327

1 390,394
429,196
213,434
23,373
181,032
11,357
177,263
121,879
23,329
31,973
82
583,236
432,422
66,410
83,798
606
171,797
12,381
19,894
127,670
11,852
28,902

1,408 838
441,096
216 290
25,389
187,620
11 797
188,154
131 381
23,980
32,707
86
574,732
420,073
67,140
86,860
659
174 996
12,619
20032
130,718
11 627
29,860

1,435 892
456,163
221 640
26799
195,484
12 240
203,398
142 174
26 543
34,577
104
565,037
413 865
66,020
84618
534
180 496
12,645
20 241
136,325
11 285
30,798

1 464 924 1 507 289
502,534
474,658
228 593
235 814
28,623
31 173
222,799
204,996
12 446
12748
224 232
215,036
149 786
154 801
28,400
30 161
39,166
36,762
104
88
557,139
553,080
403 611
408,152
65,827
66,898
82070
82,644
516
501
193 842
185 980
12,827
12,985
20 952
20802
149,111
140,841
10 952
11,352
32,111
33,601

6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27

28 Federal and related agencies
29 Government National Mortgage Association
30 1- to 4-family
31 Multifamily
32 Farmers Home Administration
33 1- to 4-family
34 Multifamily
35 Commercial
36 Farm
37 Federal Housing Administration and
Veterans Administration
38 1- to 4-family
39 Multifamily
...
40 Federal National Mortgage Association
41 1- to 4-family
42 Multifamily
43 Farm Credit Banks3 . .
44 1- to 4-family
45 Farm
46 Federal Home I^oan Mortgage Corporation
47 1- to 4-family
48 Multifamily

163,531
1964
576
1,388
1,062
156
82
421
403

165,912
1825
564
1,261
790
223
136
163
268

166,248
1640
552
1,088
577
185
139
72
181

166,928
1473
539
934
733
183
113
159
278

165,041
1533
527
1,006
704
217
33
217
237

161,398
876
49
827
570
146
66
111
247

159,505
887
48
839
457
132
57
115
153

203,800
889
47
842
48,421
21,625
7 608
8,446
10742

4878
2,181
2 697
91,975
86 129
5,846
52 104
3,064
49 040
11,548
10642
906

4,888
2,199
2,689
94,777
88,788
5,989
51,056
3,006
48,050
12,576
11,288
1,288

4,918
2,251
2,667
96,769
90590
6,179
49,255
2,895
46360
13,089
11,457
1,632

4,920
2,254
2,666
98,282
91,966
6,316
47,498
2,798
44,700
14,022
11,881
2,141

4,964
2,309
2,655
98,795
92,315
6,480
45,422
2,673
42,749
13,623
12,231
1,392

5 094
2,449
2645
97,295
90 460
6,835
43 369
2,552
40817
14,194
11,890
2,304

4,966
2,331
2,635
97,717
90,508
7,209
42,119
2,478
39,641
13,359
11,127
2,232

5047
2,386
2661
97,895
90718
7,177
39984
2,353
37631
11,564
10010
1,554

Mortgage pools or trusts4
Government National Mortgage Association
1- to 4-family
Multifamily
Federal Home I^oan Mortgage Corporation
1- to 4-family . .
Multifamily
Federal National Mortgage Association
1- to 4-family
Multifamily
Farmers Home Administration
1- to 4-family
Multifamily
Commercial
Farm

366,946
185,954
181,419
4 535
76,759
75 781
978
39370
38 772
598
45,710
21 928
6 041
7 681
10,060

386,717
192,925
188,228
4,697
83,327
82 369
958
42,755
41 985
770
46,741
21,962
6,377
8 014
10,388

410,509
201,026
196,198
4828
91,915
90 997
918
48769
47 857
912
47,238
22,090
6 415
8 192
10,541

439,058
212,145
207,198
4,947
100,387
99,515
872
54,987
54,036
951
47,523
22,186
6,675
8,190
10,472

466,173
220,348
215,148
5,200
110,337
108 020
2,317
62,310
61 117
1 193
47,706
22,082
6,943
8 150
10,531

503,252
229,204
223,838
5366
125,903
123 676
2,227
72377
71 153
1 224
48,131
21 987
7 170
8 347
10,627

552,753
241,230
235,664
5,566
146,871
143,734
3,137
86,359
85,171
1 188
48,261
21,782
7,353
8,409
10,717

565,428
262,697
256,920
5 777
171,372
166 667
4,705
97,174
95 791
1 383
348
142

276 224
153 033
49,958
43,036
30 197

282,412
157,047
51,290
44,572
29,503

288 592
162 371
52,734
45,666
27,821

293,463
162,419
55,849
48,692
26,503

300,901
165,033
58,314
51,046
26,508

309 827
171 693
61,789
51,145
25,200

321,418
180,180
64,626
52,438
24,174

320 658
177 374
66,940
53,315
23,029

49
50
51
52
53
54
55
56
57
58
59
60
61
62
63

64 Individuals and others5
65 1- to 4-family , .
66 Multifamily
67 Commercial
68 Farm




. .

132
74

105

37. Mortgage debt outstanding, by type of holder and type of property—Continued
Millions of dollars, end of period

19 87

19 88

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

1 All holders

2,698,806

2,792,723

2,864,781

2,943,222

2,984,027

3,058,006

3,132,353

3,200,411

2
3
4
5

1,746,806
258,187
601,030
92,783

1 817 482
263,874
620 087
91,280

1,870,613
268,944
635,264
89,960

1 925,189
273,899
655 266
88,868

1,951,400
278,144
666 461
88,022

2,012,270
278,919
679,037
87,780

2,067,929
281,468
695 774
87,182

2,115,184
287,611
711,093
86,523

1,559,681
519,606
242,042
29,759
234 619
13,186
121 178
79,857
17,570
23715
36
688,067
475,836
86,465
124 997
769
195 743
12,903
20,934
151,420
10486
35,087

1 607,000
544,759
252813
30,543
247 576
13,827
128 199
88 829
15,410
23 960

1,648,328
567,000
263,762
32,114
256 981
14,143
133 298
91,286
16,780
25232

1,700,820
591,151
275,761
33,296
267 663
14,431
138 493
94,075
18,165
26253

1,723,937
604,468
280757
33,728
275 360
14,623
140 835
95,220
18,692
26923

1,764,221
628,383
295,425
34,184
283,598
15,176
138 173
94,458
17,964
25,751

1,813 470
649,135
306 118
33,855
293 772
15,390
143 626
98,082
17,966
27578

1,8^2^93
665,458
^13,897
34,715
301 236
15,610
148 102
101,139
18,526
28437

696,762
483,246
87,523
125 223
770
200 382
12,745
21,663
155,611
10 363
36,898

705,439
492,146
87,829
124706
758
204 263
12,742
21,968
159,464
10 089
38,328

718,452
504,811
88,194
124 690
757
212 375
13,226
22,524
166,722
9 903
40,349

722,410
508,296
89,030
124328
756
214 815
13,653
22,723
168,774
9 665
41,409

734,277
521,337
88,403
123785
752
220,870
14,172
23,021
174,086
9591
42,518

751,604
538 712
88,411
123 729
752
225 627
14,917
23,139
178,166
9405
43,478

760,253
547,136
89,793
122,V?9
745
233,814
15,361
23,681
185,592
9,180
44,966

28 Federal and related agencies
29 Government National Mortgage Association
30
1- to 4-family
31 Multifamily
32 Farmers Home Administration
33
1- to 4-family
34 Multifamily
35 Commercial
36 Farm
37 Federal Housing Administration and
Veterans Administration
38
1- to 4-family
39 Multifamily
40 Federal National Mortgage Association
41
1- to 4-family
42 Multifamily
43 Farm Credit Banks3
44
1- to 4-family
45 Farm
46 Federal Home Loan Mortgage Corporation
47
1- to 4-family
48
Multifamily

199,509
687
46
641
48,203
21 390
7,710
8,463
10,640

196,514
667
45
622
48,085
21 157
7,808
8,553
10,567

191,520
458
25
433
42,978
18 111
7,903
6,592
10,372

192,721
444
25
419
43,051
18 169
8,044
6,603
10,235

196,909
434
25
409
43,076
18 185
8,115
6,640
10,136

199,474
42
24
18
42,767
18248
8,213
6,288
10,018

198,027
64
51
13
41,836
18 268
8,349
5,300
9,919

198,549
67
53
14
42,018
18,347
8,513
5,343
9,815

5,177
2,447
2,730
95,140
88,106
7,034
37,362
2,198
35,164
12,940
11,774
1 166

5268
2,531
2737
94,064
87013
7,051
35833
2,108
33725
12,597
11 172
1 425

5,330
2,452
2,878
94,884
87,901
6,983
34,930
2,055
32,875
12,940
11,570
1 370

5 574
2,557
3017
96,649
89,666
6,983
34,131
2,008
32,123
12,872
11 430
1 442

5 660
2,608
3052
99,787
92828
6,959
33,566
1,975
31,591
14,386
12749
1 637

5,673
2,564
3,109
102,368
95,404
6,964
33,048
1,945
31,103
15,576
13,631
1 945

5 666
2,432
3234
102,453
95,417
7,036
32,566
1,917
30,649
15,442
13,322
2 120

5,975
2,649
3,326
103,013
95,833
7,180
32,115
1,890
30,225
15,361
13,0:58
2303

Mortgage pools or trusts4
Government National Mortgage Association
1- to 4-family
Multifamily
Federal Home Loan Mortgage Corporation
i- to 4-family
Multifamily . . . .
Federal National Mortgage Association . . .
1- to 4-family
Multifamily
Farmers Home Administration
1- to 4-family
Multifamily
Commercial
Farm

613,712
281,116
274,710
6,406
186,295
180,602
5 693
107,673
106,068
1,605
351
154

656,361
293,246
286,091
7 155
200,284
194238
6 046
121 270
119,617
1 653
342
149

692,944
308,339
300,815
7,524
208,872
202,308
6 564
130,540
128,770
1,770
333
144

718,297
317,555
309,806
7,749
212,634
205,977
6 657
139,960
137,988
1,972
245
121

732,071
318,703
310,473
8230
214,724
208,138
6 586
145 242
142,330
2912
172
65

754,045
322,616
314,728
7,888
216,155
209,702
6453
157,438
153,253
4,185
106
23

782,802
333,177
324,573
8604
220,684
214 195
6489
167 170
162,228
4,942
106
27

809,448
340,527
331,2)7
9,270
224,967
218,513
6414
178,2')0
172,331
5,919
104
26

127
70

126
67

124
65

63
61

58
49

41
42

38
41

38
40

325,904
175,309
70,474
57 689
22,432

332,848
177 611
74238
59 038
21,961

331,989
173,338
74,828
62 165
21,658

331,384
171,317
75 437
63 272
21,358

331,110
169,459
76071
64 378
21,202

340,266
177,108
76,572
65,488
21,098

338,054
172,527
77 310
67 191
21,026

339,821
173,128
77,917
67,868
20,908

6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27

49
50
51
52
53
54
55
56
57
58
59
60
61
62
63

1- to 4-family
Multifamily
Commercial
Farm
Major financial institutions
Commercial banks1
1- to 4-family
Multifamily
Commercial
Farm
Savings banks
1- to 4-family
Multifamily
Commercial
Farm
Savings and loan associations
1- to 4-family
Multifamily
Commercial
Farm
Life insurance companies
1- to 4-family
Multifamily
Commercial
Farm
. .
Finance companies2

64 Individuals and others5
65
1- to 4-family
66 Multifamily
67
Commercial
68 Farm

106



.. .

38. Installment credit—Total outstanding, and net change1
Millions of dollars, seasonally adjusted
1987r
Holder, and type of credit

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

570,415

572,049

574,335

578,352

580,084

585,644

590,893

593,933

599,070

601,217

602,439

607,721

262,699
133,157
75,382
39,472
56,433
3,271

263,905
133,330
75,520
39,520
56,469
3,304

265,261
133,814
75,595
39,508
56,773
3,384

267,508
134,784
75,890
39,666
57,041
3,465

269,181
134,596
76,020
39,731
57,031
3,524

271,891
135,716
76,816
39,792
57,863
3,566

274,662
136,677
77,691
39,903
58,364
3,596

276,180
137,301
78,247
40,044
58,530
3,630

279,164
138,449
78,857
40,183
58,733
3,684

279,792
138,984
79,192
40,431
59,126
3,692

279,891
139,036
79,564
40,602
59,701
3,644

282,910
140,281
80,087
40,975
59,851
3,618

By major credit type
8 Automobile
9 Commercial banks
10 Credit unions
11 Finance companies
12 Savings institutions

247,885
102,147
38,027
92,420
15,291

248,893
102,668
38,269
92,476
15,480

250,385
102,927
38,479
93,237
15,743

252,377
103,672
38,801
94,010
15,893

253,363
104,401
39,041
93,955
15,967

255,869
105,250
39,624
94,717
16,277

258,046
106,023
39,921
95,343
16,759

259,913
106,832
40,050
95,882
17,149

262,652
108,038
40,205
96,858
17,551

262,929
107,836
40,217
97,094
17,782

263,540
108,350
40,247
96,875
18,068

265,976
109,201
40,352
98,195
18,228

13 Revolving3
14 Commercial banks
15 Retailers
16 Gasoline companies
17 Savings institutions
18 Credit unions .

136,274
85,919
34,609
3,271
8,766
3,709

137,330
86,628
34,694
3,304
8,901
3,803

137,988
86,912
34,718
3,384
9,079
3,895

140,074
88,407
34,903
3,465
9,301
3,998

141,587
89,499
34,992
3,524
9,479
4,093

144,099
91,427
35,080
3,566
9,800
4,226

146,399
93,510
35,215
3,596
9,807
4,271

147,649
94,585
35,378
3,630
9,757
4,300

149,624
96,347
35,549
3,684
9,712
4,331

151,056
97,271
35,815
3,692
9,932
4,347

150,736
96,530
36,013
3,644
10,185
4,365

153,884
99,119
36,389
3,618
10,367
4,391

19 Mobile home
20 Commercial banks
21 Finance companies
22 Savings institutions

27,510
9,106
8,827
9,577

27,543
9,167
8,776
9,600

27,451
9,288
8,495
9,669

27,486
9,278
8,525
9,683

27,404
9,271
8,483
9,650

27,504
9,283
8,462
9,759

27,640
9,298
8,445
9,897

27,541
9,284
8,278
9,979

27,627
9,318
8,241
10,067

27,334
9,286
8,194
9,854

27,129
9,269
8,194
9,666

26,387
9,220
7,762
9,406

23 Other
24 Commercial banks
25 Finance companies
26 Credit unions
27 Retailers
28 Savings institutions

158,745
65,526
31,910
33,646
4,864
22,799

158,283
65,442
32,078
33,448
4,826
22,489

158,510
66,134
32,083
33,222
4,790
22,283

158,416
66,151
32,248
33,090
4,763
22,164

157,730
66,011
32,158
32,886
4,739
21,935

158,173
65,932
32,537
32,966
4,711
22,027

158,809
65,831
32,890
33,499
4,688
21,901

158,829
65,478
33,141
33,898
4,666
21,646

159,168
65,461
33,350
34,322
4,634
21,402

159,898
65,399
33,696
34,628
4,617
21,559

161,033
65,743
33,967
34,952
4,589
21,782

161,475
65,370
34,324
35,344
4,586
21,850

1 Total
2
3
4
5
6
7

By major holder
Commercial banks 2
Finance companies
Credit unions
Retailers
Savings institutions .
Gasoline companies

| Dec.

Net change (during period)
-1,632

1,634

2,286

4,017

1,732

5,560

5,249

3,040

5,137

2,147

1,222

5,282

-327
-775
-852
65
271
-15

1,206
173
138
48
36
32

1,356
484
75
-12
304
81

2,247
970
295
158
268
81

1,673
-188
130
65
-10
59

2,710
1,120
796
61
832
42

2,771
961
875
111
501
30

1,518
624
556
141
166
34

2,984
1,148
610
139
203
54

628
535
335
248
393
8

99
52
372
171
575
-48

3,019
1,245
523
373
150
=26

By major credit type
36 Automobile
37 Commercial brinks
38 Credit unions
39 Finance companies
40 Savings institutions

572
865
-408
-136
251

1008
521
242
56
189

1492
259
210
761
263

1992
745
322
773
150

986
729
240
-55
74

2,506
849
583
762
310

2,177
773
296
626
482

1,867
809
130
539
390

2,739
1,206
155
976
402

277
-202
12
236
231

611
514
30
-219
286

2,436
851
104
1,320
160

41 Revolving3
42 Commercial brinks
43 Retailers
44 Gasoline companies
45 Savings institutions
46 Credit unions

-739
-1,012
86
-15
170
33

1,056
709
85
32
135
94

658
284
24
81
178
92

2,086
1,495
185
81
222
103

1,513
1,092
89
59
178
95

2,512
1,928
88
42
321
132

2,300
2,083
135
30
7
46

1,250
1,075
163
34
-50
29

1,975
1,762
171
54
-45
31

1,432
924
266
8
220
16

-320
-741
198
-48
253
18

3,148
2,589
376
-26
182
26

47 Mobile home
48 Commercial banks
49 Finance companies
50 Savings institutions

155
78
13
64

33
61
-51
23

-92
121
-281
69

35
-10
30
14

-82
_7
-42
-33

100
12
-21
109

136
15
-17
138

-99
-14
-167
82

86
34
-37
88

-294
-32
-47
-213

-205
-17
0
-188

-742
-49
-432
-260

51 Other
,
52 Commercial bunks
53 Finance companies
54 Credit unions
55 Retailers
56 Savings institutions

-1622
-259
-653
-477
-20
-214

-462
-84
168
-198
-38
-310

227
692
5
226
-36
-206

-94
17
165
132
-27
-120

-686
-140
-90
204
-24
-228

443
-79
379
80
-28
92

636
-101
353
533
-23
-126

20
-353
251
399
-22
-255

339
-17
209
424
-32
-244

730
-62
346
306
-17
157

1,135
344
271
324
-28
223

442
-373
357
392
-3
68

29 Total
30
31
32
33
34
35

By major holder
Commercial banks 2
Finance companies
Credit unions
Retailers
Savings institutions
Gasoline companies




107

38. Installment credit—Total outstanding, and net change1—Continued
Millions of dollars, seasonally adjusted
1988r
Holder, and type of credit

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

614,904

620,385

625,172

628,585

632,431

637,836

639,207

644,666

646,556

649,132

654,413

659,507

286,709
141,880
80,960
41,121
60,609
3,626

289,535
143,275
81,491
41,330
61,111
3,642

292,519
144,489
82,125
41,533
60,848
3,658

294,775
145,141
82,529
41,617
60,779
3,744

297,521
145,310
83,086
41,515
61,270
3,730

301,104
145,517
83,648
41,851
62,004
3,712

302,283
144,774
83,886
42,023
62,537
3,705

307,355
143,992
84,647
42,121
62,843
3,709

310432
143,C19
84,900
42,349
62,502
3,655

312,588
143,012
85,338
42,614
61,926
3,654

316,683
143,488
85,740
42,910
61,922
3,671

318,925
145,180
86,118
43,498
62,099
3,687

By major credit type
8 Automobile
9 Commercial banks
10 Credit unions
11 Finance companies
12 Savings institutions

268,366
109,980
40,630
99,164
18,592

271,265
111,364
40,734
100,286
18,881

274,065
113,179
40,886
101,066
18,934

275,289
114,226
40,923
101,098
19,043

276,548
115,426
41,033
100,671
19,329

278,058
116,599
41,144
100,623
19,693

277,659
116,852
41,093
99,731
19,983

279,585
119,383
41,296
98,705
20,201

279,243
120; 525
41,250
97,257
20,211

278,902
120,939
41,293
96,877
19,794

279,926
122,392
41,316
96,657
19,561

281,174
123,259
41,326
97,2:04
19,385

13 Revolving3
...
14 Commercial banks
15 Retailers
16 Gasoline companies
17 Savings institutions
18 Credit unions

156,621
101,774
36,534
3,626
10,250
4,436

157,999
103,072
36,738
3,642
10,085
4,463

159,355
104,475
36,935
3,658
9,792
4,495

160,631
105,585
37,013
3,744
9,774
4,515

162,105
107,084
36,901
3,730
9,847
4,543

164,408
108,934
37,232
3,712
9,958
4,571

165,343
109,768
37,386
3,705
9,902
4,582

167425
111,516
37,471
3,709
9,809
4,621

168,273
112,631
37,632
3,655
9,614
4,632

170,131
114,180
37,919
3,654
9,724
4,653

173,030
116,593
38,170
3,671
9,923
4,673

174,792
117,572
38,6.92
3,687
10451
4,691

19 Mobile home
20 Commercial banks
21 Finance companies
22 Savings institutions

26,531
9,197
7,777
9,558

26,555
9,175
7,710
9,670

26,418
9,125
7,631
9,661

26,280
9426
7,582
9,572

26,249
9,112
7,567
9,570

26,174
9,078
7,492
9,605

26,213
9,097
7,412
9,704

26,277
9440
7,369
9,768

26435
94 19
7,334
9,732

26,033
9,225
7494
9,614

26,005
9,224
7497
9,584

25,744
8,974
7486
9,583

23 Other
24 Commercial banks .
25 Finance companies
26 Credit unions . .
27 Retailers .
28 Savings institutions

163,386
65,758
34,939
35,894
4,587
22,209

164,566
65,925
35,279
36,295
4,593
22,475

165,334
65,739
35,792
36,743
4,599
22,461

166,385
65,838
36,462
37,092
4,604
22,390

167,619
65,899
37,072
37,510
4,614
22,525

169,196
66,493
37,402
37,934
4,619
22,748

169,993
66,566
37,631
38,212
4,637
22,948

171,679
67,316
37S918
38,730
4,650
23,065

172,855
67,798
38,4:«
3990:.8
4,6<>7
22,945

174,066
68,244
38,941
39,393
4,694
22,794

175,452
68,474
39,634
39,752
4,739
22,854

177,798
69,120
40,790
40,102
4,807
22,981

1 Total
2
3
4
5
6
7

By major holder
Commercial banks 2 .
Finance companies
Credit unions
Retailers
Savings institutions
Gasoline companies

. .

....

| Dec.

Net change (during period)
7,183

5,481

4,787

3,413

3,846

5,405

1,371

5,459

MM

2,576

5,281

5,094

3,799
1,599
873
146
758
8

2,826
1,395
531
209
503
16

2,984
1,214
634
203
-263
16

2,256
652
404
84
-69
86

2,746
169
557
102
491
-14

3,583
207
562
336
734
-18

1,179
-743
238
172
533
-7

5,072
-782
761
98
306
4

2,777
-973
2*3
22.8
-34-1
-54

2,456
-1
438
265
-576
-1

4,095
476
402
296
-4
17

2,242
1,692
378
588
177
16

By major credit type
36 Automobile
37 Commercial banks
38 Credit unions . .
39 Finance companies
40 Savings institutions

2,390
779
279
969
364

2,899
1,384
104
1,122
289

2,800
1,815
152
780
53

1,224
1,047
37
32
109

1,169
1,200
110
-427
286

1,600
1,173
111
-48
364

-399
253
=51
-892
290

1,926
2,531
203
-1,026
218

-342
1442
-46
-1,448
10

-341
414
43
-380
-418

1,024
1,453
23
-220
=233

3,248
867
liO
547
-176

41 Revolving3
42 Commercial banks
43 Retailers . .
44 Gasoline companies
45 Savings institutions
46 Credit unions

2,737
2,655
145
8
-117
45

1,378
1,298
204
16
-165
27

1,356
1,403
197
16
-293
32

1,276
1,110
78
86
-18
20

1,474
1,499
-112
-14
73
28

2,303
1,850
331
-18
111
28

935
834
154
-7
-56
11

1,782
1,748
85
4
-93
39

1448
1475
211
-54
-195
11

1,858
1,489
237
-1
110
21

2,899
2,413
251
17
199
20

1,762
979
522
16
228
18

144
-23
15
152

24
-22
-67
113

-137
-50
-79
-9

-138
1
-49
-89

-31
-14
-15
-2

-75
-34
-75
35

39
19
-80
99

64
43
-43
64

-92
-21
-3,5
-3-5

-152
106
-140
-118

-28
-1
3
-30

-261
-250
-11
=1

1,911
388
615
550
1
359

1,180
167
340
401
6
266

768
-186
513
448
6
-14

1,051
99
670
349
5
-71

1,234
61
610
418
10
135

1,577
594
330
424
5
223

797
73
229
278
18
200

1,686
750
287
519
13
117

1476

1,211
446
513
375
27
-151

1,386
230
693
360
45
60

2,346
646
1457
350
68
127

29 Total
30
31
32
33
34
35

By major holder
Commercial banks 2
Finance companies
Credit unions
Retailers
Savings institutions
Gasoline companies

47 Mobile home
....
48 Commercial banks
49 Finance companies .
50 Savings institutions
51 Other
52 Commercial banks
53 Finance companies
54 Credit unions
55 Retailers
56 Savings institutions

108



41K2
510
288
17
-131)

39. Terms of consumer installment credit1
Percent per year; unless noted otherwise
Item

1986

1987

1988
1988
Jan.

Feb.

Mar.

Apr.

May

INTEREST RATES
1
2
3
4

Commercial banks2
48-month new car
24-month personal
120-month mobile home.
Credit card

11.33
14.82
13.99
18.20

10.46
14.23
13.38
17.93

9.44
15.95

12.60
15.11

Maturity (months)
1 New car
8 Used car

50.0
42.6

53.5
45.2

Loan-to-value ratio
9 New car
10 Used car

90.8
96.0

10,664
6,554

Auto finance companies
5 New car
6 Used car

10.86
14.68
13.54
17.79

10.72
14.46
13.45
17.80

10.55
14.40
13.49
17.78

12.19
14.56

12.26
14.75

12.24
14.77

12.29
14.82

12.29
14.81

56.2
46.7

55.5
47.2

55.9
46.8

56.0
46.9

56.2
46.9

56.2
46.9

93.0
98.0

94.0
98.0

93.0
98.0

94.0
99.0

94.0
98.0

94.0
98.0

94.0
99.0

11,203
7,420

11,663
7,824

11,534
7,612

11,447
7,619

11,493
7,587

11,553
7,662

11,624
7,778

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

OTHER TERMSS

Amount financed (dollars)
11 New car
12 Used car

1988

INTEREST RATES
1
2
3
4

Commercial banks2
48-month new car
24-month personal
120-month mobile home.
Credit card

11.22
15.06
13.61
17.77

10.93
14.81
13.62
17.79

Auto finance companies
5 New car
6 Used car

12.32
14.83

12.44
14.99

12.64
15.16

12.93
15.46

13.10
15.67

13.20
15.75

13.25
15.80

Maturity (months)
7 New car
8 Used car

56.3
46.9

56.4
46.8

56.5
46.8

56.3
46.5

56.3
46.3

56.2
46.2

56.3
46.0

Loan-to-value ratio
9 New car
10 Used car

94.0
99.0

94.0
99.0

94.0
98.0

94.0
98.0

94.0
99.0

94.0
98.0

94.0
98.0

11,626
7,899

11,663
7,947

11,593
7,918

11,530
7,903

11,845
7,944

11,975
7,991

12,068
8,022

OTHER TERMS3

Amount financed (dollars)
11 New car
12 Used car




109

40. Flow of funds accounts—Financial assets and liabilities, December 31, 1988

A. All sectors
Amounts outstanding, billions of dollars
Foreign

Transaction category or sector

Households

Business

State
and local

12,138.9

---

2,225.8

3,245.6

1 Total financial assets

—

584.0

•••

14,948.7

614.4

4,236.9

Assets U*f

Assets Liabilities
323.3

Total

Assets Liabi h" Assets Liabili- Assets U£h" Assets Liabilities
ties

2 Total liabilities

U.S.
government

1,259.7

Private domestic nonfinancial sectors

739 .2

8,096.8

2

3 Gold and special drawing rights
4 International Monetary Fund Position . . .

.7
.4

6 Treasury currency and SDR certificates .
7 Checkable deposits and currency
1A

TT e

505.4
505.4

—
---

186.3
186.3

...

21.3
21.3

-•-•-

13 Large time deposits
14 Federal funds and security RPs
15 Deposits abroad

117.5

•••

•a-ia i

0 t&A Q

•-•

2,137.7
320.9

41.8
65.9

387.4
150.5
14.4

...

417.5

19.0

...

21 Credit market instruments
22 U S Treasury securities45
23 Federal agency securities
Corporate and foreign bonds
Mortgages
Consumer credit
Hank loans n e.c. . . .
Open market paper
Other loans

32 Trade credit6
33 Taxes payable
35 Miscellaneous

110



19.8

31.2
31.2

2,118.7
298.3

10 Mil tti ill fimH «hirpe

9.7
9.8
9.1

71 R

**

11 Small time and savings deposits

25
26
27
28
29
30

21.8

713.1
713.1

2,393.5

1,321.3 3,137 .4
569.2 —
221.7
—
267.9
78 .7
72.1 ••111.3 2,181.8
743.7
42 .1
79.2
•*•
91.1

41.7
9 4fK £.

198.8

53 0
36 .7
...

18.5

22.6
228.1
84.5
14.4

1.4

45.0
14.0

313.1
2,584.9
16.1

...

270.1 3,208.9
86.8
1.3
10.8
116.3
861.3
54.6 1,048.4
44.6
659.7
85.4
72.0
437.8
755.3
34.1

593.3
51.2

648.5

400.6

...

384.8
185.3
91.2
9.7

561. S

98.6

23. 3
28. §
51. I

195.1

1,976.1 6,931.9
841.2
314.2
288.4 756.8
72.1 861.3
264.5 3,230.2
44.6 743.7
701.9
151.2
85.4
552.7

41.7
755.3
34.1
2,405.6
847.3

11.1
208.1

5.1

433.6
1,816.0
585. 5

44.1

220.3

2417.8
2,095.2
22.6

032.9
384.3

248.2

180.5

88.3

59.3
8.8

21.5
50.9
87.5

53.0
658.8

32.8

28.5
=12.4

32.1

30.9

419.0

313.1

391.4

22.1

5,8

48.0

172.3

All
sectors1

Financial sectors
Sponsored agencies
and mortgage pools

Total

Monetary
authority

Commercial
banking

Private
nonbank finance
Assets

Assets

Liabilities

10,944.5

Liabilities

Assets

1,234.5

11,198.4

Assets

•• -

304.6

—

1,227.0

79.9
79.9

882.5
822.7
21.8
38.0

11.6
17.1

596.8
365.0
.».

70.4

302.0
2,376.9
52.6

44.7
1,111.6

2,117.7

76.9
39.1

1,209.2




...

6,737.7

•••

6.9

•••

3.5

1,159.0
386.3
3.0

963.4

34.2
377.4
157.8

.4
193.0

1,164.0
•1,159.0

240.6
233.7
7.0

66.9

10.6

8.1

846.1
793.0
21.8
31.2

882.5
822.7
21.8
38.0

11.6
17.1

1,081.3
338.0

2,150.7
338.0

164.4
111.8
29.7

178.1
128.8

596.8
320.6
44.1

596.8
365.0
44.1

302.0
2,376.9

313.1
2,584.9
75.4

313.1
2,584.9
52.6

352.1

-4.1

2,150.7
338.0

93.3
93.3
...

...
-14.4

36.4
29.6
6.8

7
8
9 ,
10
11
12

44.4

-22.9

13
14
15
16
17
18

44.7
1,111.6

184.3

78.4

478.3

478.3
3,122.6

478.3

19
20

4,703.6
461.0
651.2
317.3
999.9
1,288.3
328.2

769.4

11,415.6
2,095.2
1,181.6
756.8
1,336.0
3,233.3
743.7
757.5
513.6
797.9

11,415.6
2,095.2
1,181.6
756.8
1,336.0
3,233.3
743.7
757.5
513.6
797.9

21
22
23
24
25
26
27
28
29
30

118.6
859.2
38.8
2,405.6
1,950.1

118.6
725.3
36.4

-134.0
-2.5

2,025.5

75.4

307.9
3.0

453.1

341.9
315.9

34.2
271.4
152.8

43.0
39.1

106.0

.6

63.1

3
4
5
6

75.5
75.5

33.9

19.3

9.7
17.4
19.8

559.7
509.2
21.4
29.0

...

2,465.9
192.2
172.8
151.2
83.4
669.1
370.9
757.5
11.4
57.5

5.0

2

418.6
236.2
...

...

1,176.1
18.9
.3

1

22,174.0

1,069.4
...

2.9
2.9

...

66.9

-7.1

27,730.1

20.8
9.7
17.4
23.8

...
---

Line

Liabilities
Assets

6,505.2

2,907,6

...

37.5

Liabilities

...

65.6
7.0
2.3

767.5

Assets

...

478.3

8,586.3
905.7
831.3
468.5
1,083.4
2,920.8
699.1
757.5
353.7
566.3

Liabilities

2,921.7

229.5
220.1
.4
9.1

1.6
1.6

2,150.7
338.0

164.4
156.2
29.7

Assets

304.6

11.1
_.l
8.2
23.8

11.1
-.1
8.2
23.8

Liabilities

Floats
and
discrepancies

65.6
7.0
1.7

...
385.6

684.9

31
32
33
34
35

111

40. Flow of funds accounts—Financial assets and liabilities, December 31, 1988—Continued
B. Private nonbank financial institutions
Amounts outstanding, billions of dollars
Savings
and loan
associations

Total7
Transaction category
Assets
1 Total assets

Liabilities

Liabilities

1,359.8

6,737.7

2 Total liabilities

Assets

Mutual
savings
banks
A^pfQ
Assets

264.9
1,325.5

Life
insurance
companies

Credit
unions

Liabi

ties

'-

---

Assets

Private
pension
funds

196.2

241.0

-

196.;1

75.5
11.6
17.1

93.3
1,081.3
338.0

12.6

41.7
818.3

6.9

32.5
106.0

4.2
11.6

19.1I
156.<?

6 Large time deposits

164.4

178.1

7.4

112.2

.1

63.(>

12.3

111.8
29.7

128.8

27.9

98.5

5.0

26.:>

Assets

•••

-•-

1,048.8

Liabilities

1,140.0

2.:J

7 Federal funds and security RPs —

Asset* ^ !~
1,113.3

^bi "

Q A

3 Checkable deposits
4 Small time and savings deposits —
5 Money market fund shares

6,505.2

4.9

•*•

7.8

**•

12 Other corporate equities3

0
631 7

4,703.6
461.0
651.2
317.3
999.9
1,288.3
328.2

769.4

21
22

Open market paper.
Other loans

'JA Tr*»Hf* frpHit^

25 T'txes oivable
26 Miscellaneous

112



341.9
315.9

43.0
39.1
385.6

307.9
3.0

218.7

17.5

39.3
071

416.9
87.6
52.1

37.5
53.1

147.2
13.7
7.1

230.4
8.6
32.6
1.8
13.4
147.6
6.4

31.3
511.2

P06.4
60.7
74.4
11.1
437.0
232.6

8.0

1,166.9
15.9
211.0
1.4
54.4
766.1
60.3

1,140.0

13.4
94.7

478.3

13 Credit market instruments4
14 U S Treasury securities 5
15 Federal agency securities
16 Tax exempt securities
17 Corporate and foreign bonds
18 Mortgages

9.4

92.1

302.0
2,376.9

44.7
1,111.6

1,140.0

11.1

91.0

180.5
5.7

48.4

34.2
271.4
152.8

313
26.4

152.8

65.6
7.0
1.7
684.9

145.1

.1
36.0

19.9

14.6

12.7

11.5

17.*t

86.2

7
114 4

6B.2

State and
local government
retirement funds
Assets
Assets

Liabi

. Other
insurance
companies
U

ties "

Assets

^tlef"

444.7
605. 1

2.6

•-

-•

•••

F

Assets

308.3

5.7

605.1

FinsS
.

Real estate
invent

^bili- ^ LiabUi12.4

489.3
553.7

•-

Open-end
investment
companies

Assets L^i li- Assets
A« K
P

478.3

Liabi

tie§

Security

7.2

338.0

---

•••

338.0

.7

£%•

'- Assets ™-

-••

—

rvin

an^SL

478.3

10.3

9.7

Money
market
funds

•••

Assets

Line

LiabUi-

160.0 - - - 135.7
•••

124.4 • • •

1

135.7

3
4
5

10.0

I'lo n
jJts.U

2

.

6
07 0

...

A1 7
OQ 7

...

...

4

1

...

..

9
10

605.
...

...

A'TO 1

.

223.7
359.1
128.3
57.3
.5
157.3
15.6

..

297.8
en c

•-•

479.6

406.0

7.8

9.1

OQ O
zy.z

I ei 1

62.4
4.7

152.1
•-•

--7.8

2.7
3.0

-16.3
270.2

•••
—

2.1
1.3

o
147.4

...
4.5

68.8
174.3

283.4
81.5
33.4
78.7
68.4

21.4

-•.--•

224.7
11.6
18.4
65.7

47.8
2.6

129.1

11.7
43.0




.
1

1.3

11
12

8.5

135.7

13
135.7
14
15
135.7
16
17
135.7
18
19
20
21
22

7.0
26.5

OQ |

308.2

. .

12.1

187.6

236.5

...

7
8

...
47.1

65.6
7n
5
47.1

...
...

...

23
24
25
26

113

41. Flow of funds accounts

A. Summary of credit market debt outstanding, by sector
Amounts outstanding at end of year, billions of dollars

1977
Transaction category or sector

1978

1979

1980

1981

1982 | 1983 | 1984

1985

1986

1987 | 1988

Nonfinancial sectors
1 Total credit market debt owed by
domestic nonfinancial sectors
2 U S government
3 Treasury issues
4 Agency issues and mortgages

2,814.0 3,179.8 3,563.3 3,905.9 4,276.3 4,654.6 5,204.3 5,953.7 l»,797.0 7,638.4 8,330.0 9,049.7
572.5
564.1
8.4

626.2
619.2
7.0

663.6
658.0
5.6

742.8
737.8
5.0

830.1
825.6
4.5

5 Private domestic nonfinancial sectors . . . 2,241.5 2,553.6 2,899.8 3,163.2 3,446.2
6 Debt capital instruments
1,558.0 1,759.9 1,974.2 2,165.0 2,320.0
7 Tax exempt obligations
261.4
350.3
373.7
289.7
320.1
8 Corporate bonds
299.5
337.9
365.6
320.6
388.3
9 Mortgages
997.1 1,149.5 1,316.3 1,449.1 1,557.9
10
Home mortgages
632.7
861.0
956.3 1,033.4
742.8
141.1
11
Multifamily residential ....
112.3
133.6
141.2
123.5
235.0
254.2
276.2
12
Commercial
188.1
210.5
13
Farm
63.9
72.8
86.8
97.5
107.2
14
15
16
17
18

Other debt instruments
Consumer credit
Bank loans n.e.c
Commercial paper
Other

19 By borrowing sector, total
20 State and local
21 Households
22 Nonfinancial business
23
Farm
24
Nonfarm noncorporate . . .
25
Corporate
26 Foreign credit market debt held in
United States
27 Bonds
28 Bank loans n e e
29 Commercial paper
30 U.S. government and other loans
31 Total nonfinancial, domestic
plus foreign

114



683.6
244.6
267.2
12.8
159.0

793.7
283.1
312.3
15.5
182.8

925.5
329.8
352.8
24.5
218.5

991.4 1,177.9 1,376.8 '.U600.4 1,815.4 1,960.3 2,117.8
987.7 1,174.4 1,373.4 :, 597.1 1,811.7 1,955.2 2,095.2
3.7
3.6
3.4
3.3
3.6
5.2
22.6
3,663.2
2,460.2
417.9
407.0
1,635.3
1,079.8
144,8
299.4
111.3

4,026.4
2,717.8
471.7
423.0
1,823.1
1,200.2
158.8
350.4
113.7

4,577.0
3,040.0
522.1
469.2
2,048.8
1,336.2
183.6
416.5
112.4

5,196.6
3,488.4
658.4
542.9
2,287.1
•1,490.2
213.0
478.1
105.9

157.6
44.1
49.9
2.9
60.6

172.4
47.8
53.0
4.6
67.1

6,369.7
4,438.5
723.7
764.1
2,950.7
1,943.1
270.0
648.7
88.9

6,931.9
4,848.3
756.8
861.3
3,230.2
2,160.9
285.9
696.6
86.8

998.1 1,126.3 1,203.0 1,308.6 1,536.9 1 ,708.2 1,855 5 1,931.1 2,083.6
464.1
490.2
552.9
592.6
654.2
654.4
701.9
366.3
414.3
355.4
388.7
437.7
519.3
601.8
692.7
743.7
372.3
659.8
37.6
36.8
58.5
42.7
72.2
62.9
73.8
85.4
28.0
248.4
296.9
441.6
510.3
552.7
312.7
344.0
406.2
478.6

2,241.5 2,553.6 2,899.8 3,163.2 3,446.2 3,663.2 4,026.4 4,577.0 5,196.6
295.3
302.1
323.7
357.7
385.1
476.9
243.9
260.5
278.1
974.5 1,138.3 1,310.4 1,430.2 1,548.8 1,625.5 1,811.6 2,038.2 2,314.5
1,023.1 1,154.8 1,311.3 1,437.7 1,595.3 1,714.1 1,857.1 2,153.7 2,405.2
145.7
184.5
188.4
187.9
173.4
105.9
122.2
161.5
177.8
392.0
492.2
564.0
645.8
769.0
898.3
278.6
326.5
447.8
638.6
773.5
828.4
706.1
965.6 1,022.9 1,196.8 1,333.5
925.4
129.3
40.1
31.4
1.8
55.9

5,823.0
3,967.6
689.2
664.2
2,614.2
1,720.8
246.2
551.4
95.8

196.6
49.0
64.8
7.0
75.8

220.1
54.5
67.8
10.8
87.0

209.9
61.1
33.8
15.1
100.0

227.3
64.2
37.4
21.5
104.1

235.1
68.0
30.8
27.7
108.6

234.7
71.8
27.9
33.9
101.1

2,943.4 3,337.3 3,735.7 4,102.5 4,496.4 4,864.6 5,431.6 6,188.8 7,031.7

5,823.0
520.2
2,614.6
2,688.3
156.6
1,001.6
1,530.1

6,369.7
554.2
2,864.3
2,951.2
145.5
1,109.4
1,696.3

6,931.9
585.6
3,137.4
3,208.9
141.1
1,193.3
1,874.5

236.2
74.8
26.9
37.4
97.1

242.3
81.6
23.3
41.2
96.1

248.2
88.3
21.5
50.9
87.5

7,874.7 8,572.3

9,297.9

41. Flow of funds accounts—Continued
A. Summary of credit market debt outstanding, by sector—Continued
Amounts outstanding at end of year, billions of dollars

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

Transaction category or sector

1988

Financial sectors
32 Total credit market debt
owed by financial sectors

333.7

406.4

497.6

563.0

664.9

758.4

857.9

By instrument
U S government-related
145.5
Sponsored credit agency securities . . . 88.2
56.8
Mortgage pool securities
.5
Loans from. U S government ....

182.6
111.3
70.4
.9

231.8
135.5
94.8
1.5

276.6
159.9
114.0
2.7

324.0
190.4
129.0
4.6

388.9
205.4
178.5
5.0

456.7
206.8
244.9
5.0

37 Private financial sectors
38 Corporate bonds
39 Mortgages
40 Bank loans n e e
41 Open market paper
42 Loans from Federal Home Loan
Banks . . . ,

188.2
65.8
2.4
24.6
75.1

223.8
73.7
2.0
26.4
89.1

265.8
79.1
2.0
26.9
115.9

286.4
80.8
1.9
25.9
128.8

340.9
85.2
1.9
27.1
161.5

369.5
98.3
2.0
29.0
174.2

20.2

32.7

41.8

49.0

65.2

66.0

43 Total, by sector. .

333.7

406.4

497.6

563.0

664.9

758.4

857.9

44 Sponsored credit agencies
45 Mortgage pools
46 Private financial sectors
47 Commercial bunks * ...
48 Domestic affiliates
49 Savings and loan associations
50 Finance companies
51 Real estate investment trusts
52 CMO issuers

88.7
56.8
188.2
31.6
24.5
24.3
96.5
11.3

112.2
70.4
223.8
31.1
32.0
37.8
118.3
4.6

137.0
94.8
265.8
40.2
36.1
50.3
134.6
4.4

162.6
114.0
286.4
48.5
42.8
57.8
133.3
3.9

195.0
129.0
340.9
60.1
52.0
73.4
151.7
3.7

210.4
178.5
369.5
71.8
59.0
75.9
158.5
3.7
.6

211.8
244.9
401.2
76.8
71.0
73.9
171.7
3.5
4.2

33
34
35
36

1,006.2 1,206.2

1,544.7 1,862.8 2,117.7

531,2
237.2
289.0
5.0

632.7
257.8
368.9
6.1

844.2 1,026.5 1,164.0
303.2
348.1
273.0
565.4
718.3
810.9
5.0
5.7
5.0

401.2
115.8
2.1
28.9
195.5

475.0
148.9
2.5
29.5
219.5

573.4
197.5
2.7
32.1
252.4

700.5
268.4
2.7
36.1
284.6

836.3
335.6
3.1
40.8
323.8

953.8
386.3
3.0
34.2
377.4

59.0

74.6

88.8

108.6

133.1

152.8

1,006.2 1,206.2 1,544.7 1,862.8 2,117.7
242.2
289.0
475.0
84.1
86.6
93.2
193.2
4.3
13.5

263.9
368.9
573.4
79.2
101.2
115.5
246.9
5.6
25.0

278.7
565.4
700.5
75.6
101.3
145.1
308.1
6.5
64.0

308.2
718.3
836.3
82.7
104.2
180.0
359.1
7.3
103.1

353.1
810.9
953.8
78.8
105.6
218.7
406.0
9.1
135.7

All sectors
7,195.0 8,237.9 9,419.4 10,435.1 11,415.6

53 Total credit market debt

3,277.1 3,743.7 4,233.3 4,665.5 5,161.4 5,623.0 6,289.5

54
55
56
57
58
59
60
61

U.S. government securities ..
Tax exempt obligations
Corporate and foreign bonds.
Mortgages
Consumer credit
Bank loans n.e.c
Open market paper
Other loans

807.1
716.7
893.2 1,016.1 1,149.1 1,375.0 1,629.4 1,902.8 2,227.0 2,653.8
689.2
658.4
373.7
289.7
261.4
522.1
471.7
350.3
320.1
417.9
812.1 1,007.4
566.4
438.4
405.4
686.0
603.0
495.3
464.9
528.0
1,000.4 1,152.3 1,318.9 1,451.6 1,560.3 1,637.7 1,825.4 2,051.4 2,289.8 2,617.0
437.7
355.4
659.8
601.8
388.7
372.3
312.3
267.2
519.3
352.8
556.5
409.7
717.2
652.6
526.8
509.2
300.7
613.2
457.0
359.5
384.9
358.5
226.8
215.1
305.7
253.8
163.8
145.0
107.5
89.8
512.1
637.6
483.6
453.7
594.4
376.0
328.9
690.1
277.0
235.6

2,981.8 3,276.7
756.8
723.7
1,181.4 1,336.0
2,953.8 3,233.3
692.7
743.7
718.4
757.5
513.6
438.8
797.9
744.5

62
63
64
65

Selected claims not included above
Security credit
Trade credit
Mutual fund shares
Other corporate equities

83.4
141.1
131.2
64.0
46.7
87.9
61.9
48.0
69.8
573.4
476.4
676.2
663.6
530.9
520.0
357.2
616.0
421.8
136.7
112.1
51.8
413.5
240.2
76.9
59.8
46.0
61.8
982.5 1,179.5 1,572.3 1,504.9 1,720.9 2,021.9 2,021.5 2,584.3 2,948.5

114.3
118.6
725.3
718.2
478.3
460.1
2,858.3 3,122.6




44.2
290.3
45.5
950.0

115

41. Flow of funds accounts—Continued
B. Direct and indirect claims on credit market debt
Amounts outstanding at end of year, billions of dollars, exceptions noted
Transaction category or sector
1 Total credit market debt claims
against domestic nonfinancial sectors.
2
3
4
5
6

Federal agencies and foreign
Total held
U.S. government securities
Residential mortgages
Federal Home Loan Bank advances ..
Other loans and securities

7 Total by type of lender
8 U.S. government
9 Sponsored credit agencies and
mortgage pools
.0 Monetary authority
.1 Foreign
Agency and foreign debt not in line 1
Sponsored credit agencies and
mortgage pools
13 Foreign

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

2,814.0 3,179.8 3,563.3 3,905.9 4,276.3 4,654.6 5,204.3 5,953.7 6,797.0 7,638.4 8,330.0 9,049.7
500.9
224.3
111.8
20.2
144.6

596.3
260.4
137.5
32.7
165.8

666.4
250.8
174.6
41.8
199.1

764.5
269.9
206.3
49.0
239.3

871.1
288.6
229.8
65.2
287.6

984.0 1,101.7 1,259.2 1,457.5 1,791.2 2,036.2 2,269.9
310.0
339.0
377.9
421.8
491.2
559.4
644.2
290.8
367.0
423.5
518.2
712.3
862.0
966.0
66.0
59.0
74.6
88.8
108.6
133.1
152.8
317.1
336.8
383.1
428.7
479.0
481.8
506.9

500.9
103.5

596.3
120.6

666.4
139.5

764.5
163.1

871.1
187.2

984.0 1,101.7 1,259.2 1,457.5 1,791.2 2,036.2 2,269.9
203.1
212.8
229.7
245.7
252.3
233.0
220.3

158.2
108.9
130.3

198.5
117.4
159.9

252.9
124.5
149.6

298.5
128.0
174.8

346.7
136.9
200,4

412.2
144.5
224.1

482.0
159.2
247.7

556.3
167.6
305.6

657.8
186.0
367.9

867.8 1,044.9 1,176.1
205.5
230.1
240.6
465.7
528.2
632.9

145.5
129.3

182.6
157.6

231.8
172.4

276.6
196.6

324.0
220.1

388.9
209.9

456.7
227.3

531.2
235.1

632.7
234.7

844.2 1,026.5 1,164.0
236.2
242.3
248.2

12

Private domestic holdings
14 Total private holdings
,
15 U.S. government securities..,
16 Tax exempt obligations
,
17 Corporate and foreign bonds ,
IB Residential mortgages
19 Other mortgages and loans ...
20 LESS: Federal Home Loan
Bank Advances
Private financial intermediation
21 Credit market claims held by
private financial institutions .
22 Commercial banking
23 Savings institutions.
24 Insurance and pension funds
25 Other finance
26 Sources of funds
27 Private domestic deposits and
repurchase agreements
28 Credit market debt
Other sources
Foreign funds
Treasury balances
Insurance and pension reserves
Other, net

116



2,588.0 2,923.6 3,301.2 3,614.6 3,949.3 4,269.5 4,786.6 5,460.8 6,207.0
860.5 1,064.9 1,290.4 1,524.9 1,805.2
642.4
746.2
492.3
546.7
658.4
522.1
471.7
261.4
289.7
373.7
417.9
320.1
350.3
517.6
441.7
412.4
427.1
476.8
330.4
353.5
371.9
392.6
992.2 1,096.5 1,185.1
945.1
934.1
891.7
820.5
634.1
729.6
890.0 1,036.7 1,188.1 1,282.8 1,422,8 1,491.5 1,649,6 1,915.2 2,129.5

8,192.0
2,632.6
756.8
769.1
1,480.8
V05.4

88.8

108.6

133.1

152.8

2,240.3 2,542.6 2,852.7 3,140.4 3,467.9 3,716.8 4,111.2 4,691.0
924.6 1,052.6 1,181.8 1,289.5 1,396.0 1,477.8 1,622.1 1,791.1
594.4
666.2
721.8
773.5
800.2
808.8
944.0 1,092.8
558.4
635.3
714.0
807.7
896.8
993.4 1,093.5 1,215.3
162.9
188.5
235.1
269.8
374.9
436.9
451.6
591.7

,5,264.4
1,978.5
1,178.4
1,364.2
743.4

6,010.1
2,173.2
1,283.6
1,546.0
1,007.1

6,594.8
2,309.9
1,436.2
1,758.0
1,090.7

7,169.6
2,465.9
£,544.4
S,980.2
J.,179.0

2,240.3 2,542.6 2,852.7 3,140.4 3,467.9 3,716.8 4,111.2 4,691.0 5,264.4 6,010.1 6,594.8

7,169.6

32.7

41.8

49.0

65.2

59.0

7,562.5
2,422.4
723.7
688.1
1,351.1
2,510.2

74.6

20.2

66.0

6,927.6
2,162.6
689.2
601.7
1,254.7
2,328.1

1,316.0 1,458.2 1,591.1 1,768.6 1,983.9 2,179.2 2,389.8 2,711.5 2,922.1 3,182.6 3,320.6 3,519.0
953.8
573.4
401.2
836.3
700.5
475.0
369.5
188.2
286.4
223.8
340.9
265.8
860.6
995.9 1,085.4 1,143.1 1,168.1 1,320.2 1,504.5 ;,768.9 2,127.0 2,437.9 2,696.9
736.1
-23.0
62.2
18.6
-14.1
71.5
5.6
56.7
23.3
31.6
30.5
-7.9 -37.4
21.6
27.5
15.5
16.9
29.0
25.8
11.5
14.5
10.8
7.3
14.1
11.9
922.5 1,036.1 1,160.8 :.,289.5 1,427.9 1,597.2 3,804.6
639.7
809.0
493.6
566.0
724.7
266.2
295.6
756.8
653.0
342.2
791.8
448.0
211.9
250.0
317.1
331.1
285.0

41. Flow of funds accounts—Continued
B. Direct and indirect claims on credit market debt—Continued
Amounts outstanding at end of year, billions of dollars, exceptions noted
Transaction category or sector
Private domestic nonfinancial
investors
34 Credit market claims
35 U S government securities
36 Tax exempt obligations
37 Corporate and foreign bonds
38 Commercial paper
39 Other loans and mortgages

1977

1978

1979

1980

1981 | 1982

536.0
225.6
79.0
79.4
39.1
113.0

604.9
264.9
81.1
75.5
54.3
129.1

714.2
334.0
91.0
72.3
63.7
153.2

760.6
362.3
97.4
59.3
59.7
181.9

822.4
392.5
108.7
55.9
56.9
208.4

1983

1984

1985

1986 | 1987

1988

922.2 1,076.6 1,244.8 1,516.0 1,618.1 1,804.0 1,976.1
663.6
457.6
548.6
830.7
915.1 1,012.3 1,155.4
288.4
131.2
170.0
222.3
268.3
196.3
235.9
72.1
53.5
45.4
80.1
84.8
44.5
47.6
68.4
53.0
72.4
114.3
136.3
151.2
118.0
227.0
268.0
286.2
302.3
244.3
283.8
309.1

40 Deposits and currency
41 Currency
42 Checkable deposits
43 Small time and savings deposits
44 Money market fund shares
45 Large time deposits
46 Security repurchase agreements
47 Foreign deposits

1,414.6 1,574.0 1,720.0 1,910.7 2,133.8 2,338.4 2,566.4 2,891.7 3,112.5 3,393.4 3,547.6 3,753.4
99.2
107.1
89.9
117.5
159.6
126.9
136.6
150.9
171.9
186.3
205.4
220.1
273.1
236.4
284.7
253.4
303.3
322.0
350.9
419.7
512.9
510.4
378.8
522.6
937.2 1,002.8 1,061.9 1,144.1 1,191.7 1,327.5 1,542.9 1,693.4 1,831.9 1,948.3 2,017.1 2,137.7
71.9
43.0
174.0
208.5
169.5
227.3
3.6
218.5
268.9
297.1
10.0
320.9
183.8
247.7
387.4
126.7
229.0
332.1
169.5
265.6
256.0
339.8
328.4
355.1
29.2
12.0
39.0
49.2
65.3
88.7
124.1
141.0
22.5
78.8
103.3
150.5
21.8
25.7
14.4
8.7
24.6
20.6
24.5
21.6
16.7
23.0
22.6
18.5

48 Total of credit market instruments,
deposits, and currency

1,950.6 2,178.9 2,434.2

2,671.3 2,956.2 3,260.6 3,643.0 4,136.5 4,628.5 5,011.4 5,351.6 5,729.6

MEMO
49 Public support rate (percent)
50 Private financial intermediation
(percent) .......
51 Total foreign funds

17.0

17.8

17.8

18.6

19.3

20.2

20.2

20.3

20.7

22.7

23.7

24.4

86.5
153.5

86.9
190.5

86.4
206.3

86.8
206.5

87.8
192.5

87.0
186.6

85.8
224.7

85.9
291.5

84.8
373.5

86.7
484.2

87.2
590.5

87.5
704.3

52 Total market value
53 Mutual fund shares
....
54 Other equities
55 Held by financial institutions .
56 Other holdings

995.5 1,028.6 1,231.3 1,634.1 1,564.7 1,797.8 2,134.0 2,158.2 2,824.5 3,362.0
240.2
112.1
51.8
136.7
61.8
59.8
76.9
45.5
413.5
46.0
950.0
982.5 1,179.5 1,572.3 1,504.9 1,720.9 2,021.9 2,021.5 2,584.3 2,948.5
325.0
615.6
246.1
800.0
972.2
612.0
394.6
478.3
280.9
404.6
749.4
906.3 1,229.5 1,170.1 1,319.5 1,522.0 1,542.6 2,024.5 2,389.8
747.7

3,318.5
460.1
2,858.3
1,011.1
2,307.4

3,600.9
478.3
3,122.6
1,156.3
2,444.6

Corporate equities not included above

NOTES BY LINE NUMBER

1. Line 1 of table 41, part A.
6. Includes farm and commercial mortgages.
12. Credit market funds raised by federally sponsored credit agencies,
and net issues of federally related mortgage pool securities.
14. Line 1 less line 2 plus lines 12 and 13. Also line 21 less line 28 plus line
34. Also sum of lines 29 and 48 less lines 41 and 47.
19. Includes farm and commercial mortgages.
27. Line 40 less lines 41 and 47.
28. Excludes equity Issues and investment company shares. Includes line
20.
30. Foreign deposits at commercial banks, plus bank borrowings from
foreign branches, plus liabilities of foreign banking offices to foreign
affiliates, net of claims on foreign affiliates and deposits by domestic
banking institutions in foreign banks.




31. Demand deposits and note balances at commercial banks.
32. Excludes investment of these reserves in corporate equities.
33. Mainly retained earnings and net miscellaneous liabilities.
34. Line 14 less line 21 plus line 28.
35-39. Lines 15-19 less amounts acquired by private finance plus
amounts borrowed by private finance. Line 39 includes mortgages.
41. Mainly an offset to line 10.
48. Sum of lines 34 and 40, or line 14 less line 29 plus lines 41 and 47.
49. Line 2 divided by lines 1 and 13.
50. Line 21 divided by line 14.
51. Sum of lines 11 and 30.
52. 54. Includes issues by financial institutions.

117

41. Flow of funds accounts—Continued
C. Financial assets and liabilities, by sector
Amounts outstanding at end of year, billions of dollars

1977
Transaction category or sector

1978

1980

1979

1981

1982

1983

1984

1985

1986

1987

19HB

Households, personal trusts and nonprofit Oiganizations
1 Total financial assets

4,322.5 4,863.3 5,625.2 6,548.4 7,035.6 7,569.8 8,311.1 8,816.9 9,842.1 10,736.8 11,235.8 12,138.9

2 Deposits and credit market
instruments 1
3 Deposits . .
4
Checkable deposits and currency
5
Small time and savings deposits . .
6
Money market fund shares
7
Large time deposits

1,539.8 1,716.0 1,937.8 2,130.4 2,358.6 2,585.2 2,856.0 3,236.9 3,540.0
1 1628 1,289 6 1 420 4 1,577.7 1,763.1 1,926.8 2,107.0 2,380.9 2,531.2
192.5
260.7
342.0
250.1
315.8
387.7
217.5
293.6
363.7
932.7
998.4 1,058.2 1,140.7 1,188.2 1,322.5 1,532.6 1,685.7 1,829.6
3.4
189.4
202.4
9.4
40.0
64.9
155.6
158.4
214.5
34.1
72.1
99.4
64.2
111.5
125.6
74.0
99.0
129.0

8
9
10
11
12
13
14
15
16
17

Credit market instruments
U S government securities
Treasury issues
Savings bonds
Other Treasury
Agency issues
Tax exempt obligations . ,
Corporate and foreign bonds
Mortgages
. ...
Open market paper

118



517.4
238.1
202.8
79.9
122.9
35.3
80.6
72.3
89.4
37.0

705.0
41.1
663.9

857.0 1,163.4 1,104.1 1,240.1 1,421.1 1,440^ 1,888.3 2,207.5 2,121.0 2,233.4
66.7
117.7
52.1
52.6
98.0
356.8
409.1
417.5
203.0
44.8
812.2 1,111.3 1,051.4 1,173.4 1,323.2 1,323.1 1,685.3 1,850.6 1,711.9 1,816,0

552.6
259.1
218.9
72.5
146.4
40.2
86.9
59.3
107.0
40.3

595.5
294.1
249.4
68.2
181.2
44.8
98.0
55.9
117.3
30.1

658.5
342.5
296.1
68.3
227.7
46.4
120.2
53.5
126.1
16.2

749.1
393.8
358.2
71.5
286.7
35.6
157.8
45.4
127.1
25.0

856.1 1,008.9
551.9
480.7
470.4
426.8
74.5
79.8
390.7
352.3
53.9
81.5
223.2
183.3
44.5
47.6
128.2
127.5
58.7
19.6

1,025.9 1,176.3 1,321.3
660.2
578.8
790.9
465.2
5183
569.2
93,3
109.6
101.1
417.2
371.8
459.6
113.6
221.7
141.9
206.8
267.9
249.7
72.1
84.8
80.1
113.7
114.9
111.3
46.4
66.6
79.2

1,014.3 1,182.9 1,358.2 1,488.7 1,610.8 1,693.6 1,891.5 2,116.4 2,414.4

26 Total liabilities

35 Security credit
36 Trade credit
37 Deferred and unpaid life
insurance premiums

426.4
175.2
159.9
80.7
79.2
15.4
70.2
75.5
76.0
29.5

216.4
300.3
184.8
196.0
206.7
225.6
240.8
Z56.7
274.2
313.1
232.8
246.0
560.3
767.1
661.5
916.1
996.9 1,179.2 1,392.1 1,532.0 1,801.6 2,057.7 2,245.2 2,584.9
1,270.1 1,516.8 1,779.6 2,033.5 2,257.2 2 229.3 2,279.9 2,237.0 2,196.3 2,234.5 2,322.8 2,405.6
21. (i
5.7
8.5
10.4
16.2
14.7
20.6
35.1
44.0
41.7
17.8
38.1
72.4
124.1
85.3
102.5
52.9
59.5
66.7
78.5
100.6
153.6
170.6
198.8

Life insurance reserves
Pension fund reserves
Equity in noncorporate business
Security credit
Miscellaneous assets

27 Credit market instruments
28 Home mortgages
29 Consumer installment credit
30 Other consumer credit
31 Tax exempt debt
32 Other mortgages
33 Bank loans n e e
34 Other loans

377.1
149.0
140.3
76.8
63.6
8.7
67.6
79.4
66.5
14.5
708.8
40.4
668.5

...

18 Corporate equities
19 Mutual fund shares
20 Other corporate equities
21
22
23
24
25

3,765.3 4,037.8 4,361.2
2,739.4 2,861.5 3,039.9
489.7
505.4
475.6
1,945.7 2,005.2 2,118.7
248.7
277.6
298.3
69.4
89.0
117.5

....

. ...

2,724.0 2,963.2 3,245.6

974.5 1,138.3 1,310.4 1,430.2 1,548.8 1,625.5 1,811.6 2,038.2 2,314.5
619.2
727.7
942.4 1,020.3 1,059.7 1,176.0 1,310.1 1,460.6
846.9
223.7
264.7
302.1
374.5
330.4
449.5
526.5
300.3
315.5
63.2
69.8
43.5
52.4
53.3
56.7
75.3
58.3
47.6
51.2
8.1
10.7
16.7
21.1
41.0
81,3
29.6
13.6
36.4
41.4
26.7
31.5
38.9
43.8
28.1
29.6
33.8
36.7
29.5
35.5
41.5
43.7
17.6
37.9
20.1
21.7
79.4
35.7
76.5
73.2
83.3
39.5
45.9
54.7
65.8

2,614.6 2,864.3 3J37.4
1,691.1 1,912.6 2431.1
581.5
618.2
671.4
78.3
74.5
72.4
78.2
79.1
78.7
48,4
S0.7
46.1
50.0
42.1
45.0
88.4
87.4
91.1

18.9
11.7

21.0
13.2

21.3
14.9

28.5
17.2

27.5
19.8

30.3
22.2

39.7
24.0

37.3
25 .8

56.8
28.0

65.0
30.5

50.4
33.4

53.0
36.7

9.3

10.3

11.7

12.9

14.7

15.5

16.1

15.1

15.2

13.9

15.1

18.5

41. Flow of funds accounts—Continued
C. Financial assets and liabilities, by sector—Continued
Amounts outstanding at end of year, billions of dollars

1977

1978

1979

1980

Transaction category or sector

1981

1982 | 1983

1984

1985 | 1986

1987

1988

Nonfinancial corporate business
672.7

780.7

910.2

39 Liquid assets
40 Checkable deposits and currency . . .
41 Time deposits
42 Money market fund shares ....
43 Security repurchase agreements
44 Foreign deposits
45 U.S. government securities
46 Tax exempt obligations
....
47 Commercial paper

143.6
59.2
29.2
.2
8.3
8.7
10.0
3.5
24.5

162.3
57.7
31.2
.6
16.2
16.7
11.5
3.7
24.8

170.8
50.3
33.4
3.0
18.8
21.8
13.1
3.7
26.7

196.5
57.1
37.9
7.0
28.4
24.6
18.7
3.5
19.4

220.4
47.4
47.8
18.4
33.4
23.0
20.2
3.5
26.8

266.8
53.3
59.0
19.0
42.1
22.6
30.5
3.5
36.7

306.9
59.9
73.6
11.2
48.4
25.7
40.5
4.2
43.4

348.5
66.6
86.9
16.1
48.8
20.6
52.7
4.1
52.8

393.6
80.4
100.3
12.8
58.3
18.5
59.0
4.9
59.3

481.3
99.3
112.5
20.1
70.5
24.5
78.5
8.0
67.9

492.5
96.3
116.6
19.4
76.3
21.6
82.0
10.5
69.6

508.4
102.2
122.1
22.6
84.5
14.4
79.9
10.8
72.0

48 Consumer credit
49 Mutual fund shares
50 Trade credit

....

22.2
.8
308.0

23.6
.6
364.4

24.7
1.1
434.3

25.0
1.5
482.5

25.3
1.6
507.3

25.3
3.1
492.2

28.6
4.5
529.4

30.6
7.2
577.5

32.3
12.5
604.2

32.4
15.7
607.4

34.8
11.5
656.9

37.4
16.1
673.5

51 Miscellaneous assets
52 Foreign direct investments2
53 Insurance receivables
54 Equity in sponsored agencies .
55 Other

198.0
135.4
27.8
.5
34.3

229.7
151.8
33.4
.6
43.9

279.2
178.2
38.9
.6
61.4

309.9
208.5
43.6
.6
57.2

361.5
224.8
47.3
.6
88.7

354.5
213.3
50.0
.7
90.4

380.4
215.9
53.5
.7
110.3

410.7
221.9
58.6
.7
129.4

432.1
238.0
63.7
.8
129.6

472.5
261.7
67.9
.9
142.0

510.5
308.4
78.8
1.3
122.0

526.7
329.6
77.8
1.3
118.0

56 Total liabilities

900.6

57 Credit market instruments
3
58 Tax exempt debt2
59 Corporate bonds . .
60
Mortgages
„
61
Home mortgages
62
Multifamily
63
Commercial . .
64 Bank loans n e e
65 Loans from foreign
66 Commercial paper
67 Acceptance liability to banks. .
68 Nonbank finance loans
69 U S government loans

638.6
17.4
299.5
106.4
6.8
32.0
67.7
154.9
.6
12.8
11.4
31.5
4.0

706.1
25.0
320.6
116.1
7.6
34.7
73.8
175.1
.9
15.5
9.9
37.2
5.7

773.5
35.0
337.9
105.9
7.0
37.2
61.7
204.3
2.9
24.5
13.8
42.3
6.9

828.4
45.9
365.6
89.0
6.0
38.6
44.4
226.0
4.2
28.0
17.1
44.3
8.4

925.4
59.3
388.3
88.5
4.5
37.4
46.5
252.4
13.1
42.7
21.4
49.9
9.6

965.6 1,022.9 1,196.8 1,333.5 1,530.1 1,696.3 1,874.5
116.2
74.5
83.9
104.4
116.3
127.0
117.1
469.2
542.9
664.2
764.1
861.3
407.0
423.0
117.2
54.8
58.3
53.6
77.6
64.6
116.8
5.2
5.1
5.1
5.1
4.8
4.8
4.9
22.9
25.8
21.7
22.2
23.9
30.8
27.6
33.7
27.1
50.6
89.1
19.0
25.7
88.0
419.4
294.1
306.3
351.9
461.0
374.9
422.8
45.2
31.3
32.9
43.9
59.3
15.6
18.3
73.8
58.5
72.2
62.9
85.4
37.6
36.8
33.2
20.7
27.6
30.4
28.3
28.1
32.6
50.5
58.2
115.6
74.8
87.4
98.7
131.4
10.9
10.4
11.5
11.6
14.2
14.8
10.5

70 Profit taxes payable .
71 Trade debt
72 Foreign direct investment in
United States

20.2
207.1

24.5
258.9

27.1
309.8

25.3
347.7

18.6
376.3

4.4
381.7

10.5
419.0

11.4
452.0

9.3
486.0

10.1
489.1

9.8
514.3

7.6
510.3

34.6

42.5

54.5

83.0

108.7

124.7

137.1

164.6

184.6

220.4

261.9

303.7

100.9
423.3

105.4
461.8

124.6
478.8

134.8
500.4

130.9
536.1

110.5
536.2

110.4
565.2

125.5
638.2

118.2
723.5

118.3
858.9

142.5
997.6

163.2
1,094.4

748.0
423.3
215.3
442.6

773.1
461.8
244.4
527.7

933.4 1,293.1 1,214.8 1,382.8 1,638.7 1,617.7 2,022.6 2,332.6 2,344.0 2,565.1
997.6 1,094.4
478.8
500.4
536.1
638.2
536.3
565.2
723.5
858.9
698.7
294.7
328.0
389.2
429.3
457.6
609.9 671.2
558.6
780.1
631.5
701.0
784.2
815.4 887.1 1,021.9 1,105.3 1,170.4 1,222.8 1,298.0

66.2

65.3

61.9

60.4

57.9

55.5

55.2

53.3

54.2

56.1

58.8

58.3

33.7

34.6

38.0

39.5

42.0

44.4

44.7

46.6

45.7

43.8

41.1

41.6

32.4

30.7

27.0

28.0

28.1

32.7

34.5

34.1

35.6

41.1

40.2

39.1

38 Total financial assets

....

MEMO
73 Net trade credit
74 Market value of equities
Debt subtotals
Securities and mortgages ....
Loans and short-term paper
Total short-term liabilities4 . . .
Ratios (percent)
78 Long-term debt to total credit
market debt
79 Short-term debt to total credit
market debt
80 Liquid assets to short-term
liabilities
75
76
77




1,015.4 1,116.1 1,141.7 1,249.8 1,374.5 1,474.7 1,609.3 1,706.2 1,762.1

1,032.0 1,164.8 1,284.5 1,429.1 1,476.4 1,589.4 1,824.7 2,013.4

2,249.7 2,482.3 2,696.1

119

42. Nonfinancial business activity, selected measures
1977 = 100; monthly data are seasonally adjusted. Exceptions are noted
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Ajg.

Sept.

Oct.

Nov.

Dec.

Measure
1987
129.8

126.2

127.1

127.4

127.4

128.2

129.1

130.6

131.2

131.0

132.5

133.0

1133.6

138.3
1368
127.7
148.8
143.5
118.2

134.5
133.3
125.5
143 5
138.8
114.9

136.0
134.8
126.4
146.0
139.9
114.9

136.4
135.1
126.7
1462
140.9
115.2

135.8
134.5
125.5
146.4
140.3
115.9

136.9
135.5
127.3
1463
141.8
116.3

137.8
136.2
127.2
148 1
143.3
117.2

139.5
1379
128.9
1497
145.0
118.5

139.9
13S.4
123.4
15).2
145.3
119.4

139.4
137.8
127.7
151.2
144.9
119.7

140.9
139.3
129.0
1510
146.1
121.2

140.9
119.1
129.1
1524
147.2
122.2

141.1
139.2
129.3
152.4
147.7
123.3

1346 1307

131.6

1324

132.4

133 2

134.0

135 6

131.9

135.7

137.3

137.9

138.5

81.1
80.5
164.0
124.1
101 8
96.8
91.9
133.4

79.6
78.7
162.0
122.2
1005
95.8
90.7
131.3

80.0
78.7
154.0
122.5
100.8
96.0
91.0
131.6

80.3
78.7
168.0
122.8
100.9
96.1
91.1
132.0

80.2
79.1
160.0
123.2
100.9
96.2
91.2
132.5

80.4
79.3
159.0
123.4
101.1
96.2
91.3
132.7

80.8
79.8
165.0
123.6
101.1
96.2
91.3
133.1

81.5
80.6
165.0
124.0
101.5
96.6
91.8
133.5

81.5
81.1
174.0
124.3

10:.. 7

81.3
81.2
161.0
124.5
101.9
97.0
92.3
134.0

82.0
82.1
170.0
125.2
102.3
97.3
92.5
134.7

82.2
82.9
162.0
125.5
102.6
97,6
92.8
135.1

82.6
83.6
166.0
125.9
102.8
97.7
93.0
135.5

17 Personal income total4
18 Wage and salary disbursements
19
Manufacturing
20 Disposable personal income4
21 Retail sales (1977 ~ 100)5 ...

235.0
226.3
183 8
232.4
210.8

226.5
218.0
1799
225.6
1962

228.9
219.9
180.4
228.6
206.7

230,2
221.4
182.3
229.4
207.3

231.3
222.0
180.6
224.1
208.8

232.3
223.6
181.6
230.3
209.0

233.0
224.6
182.0
230.9
211.9

234.6
225.9
182.9
232.4
213.4

2^6.3
2I&.6
18*-.7
232-.S

242.3
231.7
187.5
240.1
211.6

241. a

2r;.2

237.5
229.6
186.6
234.9
215.6

233.4
188.6
239.3
214.1

245.4
237.1
189.1
242.6
216.3

Prices6
22 Consumer (1982 - 84 = 100)
23 Producer finished goods (1982 - 100)

113.6 111.2
105 4 104 0

111.6
104 1

112.1
1043

112.7
105 1

113.1
105 4

113.5
105.5

113.8
1060

H4.4
105.9

115.0
105.7

115.3
106.2

115.4
106.1

115.4
105,8

1 Industrial production, total
2
3
4
5
6
7

Market groupings
Products, total
Final, total
Consumer goods
Equipment
Intermediate
Materials

Industry groupings
8 Manufacturing
9
10
11
12
13
14
15
16

Capacity utilization (percent)1
Manufacturing
Industrial materials industries
Construction contracts (1982 = 100)2
Non agricultural employment, total3
Goods-producing total
Manufacturing, total
Manufacturing production-worker
Service-producing

%.8
92.0
133.8

1988

1 Industrial production, total
2
3
4
5
6
7

Market groupings
Products total
Final total
Consumer goods
Equipment
Intermediate
Materials

Industry groupings
8 Manufacturing

137.2

134.4

134.4

134.7

135.4

136.1

136.5

138.0

138.5

138.6

139.4

139.9

140.6

145.9
144.3
133.9
158.2
151.5
125.3

142.7
141.1
131.2
154.3
148.1
123.0

143.4
141.6
131.3
155.3
149.4
122.1

143.6
141.8
131.2
155.9
149.9
122.5

144.1
142.5
131.9
156.5
149.6
123.6

145.0
143.5
132.7
157.7
150.4
123.9

145.3
144.0
133.0
158.5
150.0
124.5

146.5
145.0
134.2
159.4
151.6
126.4

147.3
145.8
135.0
160.1
152.3
126.5

147.4
145.8
134.8
160.4
152.9
126.5

148.1
146.4
136.4
159.7
154.0
127.5

148.3
146.7
136.7
159.9
154.2
128.3

149.4
147.6
138.0
160.3
155.4
128.7

142.8

139.4

139.5

140.0

140.8

141.8

142.1

143.6

144.0

144.4

145.3

145,9

146.6

Capacity utilization (percent)1
9 Manufacturing
..
10 Industrial materials industries
11 Construction contracts (1982 — 100)2
12 Non agricultural employment, total3
13 Goods-producing total . . .
14
Manufacturing, total
15
Manufacturing production-worker
1 6 Service-producing

83.5
82.7
83.7 83.0
161.0 154.0
128.6 126.1
105.0 102.4
99.2 97.8
94.3 93.0
138.5 136.0

82.6
82.3
163.0
126.6
102.8
97.9
93.1
136.6

82.7
82.4
156.0
126.9
103.1
98.0
93.1
136.9

82.9
82.9
158.0
127.2
103.4
98.2
93.4
137.2

83.3
83.0
166.0
127.4
103.4
98.3
93.5
137.5

83.3
83.2
169.0
128.0
103.8
98.5
93.7
138.1

84.0
84.4
160.0
128.3
104.0
98.8
94.0
138.4

84,0
843
162,0
128,5
103,9
98.7
93,9
138,8

84.0
84.1
157.0
128.8
104.0
98.7
93.8
139.2

84.3
84.7
164.0
129.1
104.3
99.1
94.2
139.5

84,4
85.1
158.0
129.5
104.6
99.3
94.5
140.0

84.4
84.9
163.0
129.9
10:4.8
995
94.7
140.4

17 Personal income total4
18 Wage and salary disbursements
19
Manufacturing
20 Disposable personal income4
21 Retail sales (1977 = 100)5

2528
244.4
196.5
252.1
225.2

244.0
235.2
190.1
242.6
217.1

245 .4
237.0
190.9
244.9
219.6

247.6
238.2
194.3
246.9
222.8

249.3
240.8
193.6
246.4
221.6

250.3
241.7
194.5
249.3
223.2

251.9
243.5
196.0
251.6
225.1

253.8
245.8
197.0
253.4
225.9

25-1,7
246,3
197.2
254.5
226.6

256.2
248.1
198.8
255.9
226.1

260.1
251.2
202.7
259.9
229.6

259.3
251.7
201.4
259.0
232.4

261.7
253.2
201.1
261.4
231.8

118.3
108.0

115.7
106.3

116.0
106.1

116.5
106.3

117.1
107.0

117.5
107.5

118.0
107.7

118.5
108.6

119.0
108.7

119.8
108.6

120.2
109.4

120.3
109.8

120.5
110.0

22
23

Prices6
Consumer (1982 - 84 = 100)
Producer finished goods (1982 - 100)

120



43. Output, capacity, and capacity utilization, 1988
A. Output
1977 = 100; quarterly data are seasonally adjusted
Year

Ql

Q2

03

Q4

1 Total industry

137.2

134.5

136.0

138.4

139.9

2 Mining
3 Utilities

103.4
114.3

102.5
114.7

103.4
111.9

103.9
115.1

104.2
114.3

4 Manufacturing

142.7

139.6

141.5

144.0

145.8

5 Primary processing1 2
6 Advanced processing

125.0
153.4

123.0
149.7

123.9
152.3

125.9
154.9

127.7
156.7

7 Industrial materials3

125.2

122.5

124.0

126.5

128.0

135.4
90.3
132.0
134.4
147.3
138.2
101.5

131.5
86.2
129.4
131.6
145.7
133.5
100.9

134.1
88.1
130.4
132.4
145.9
135.7
100.6

137.1
92.7
132.8
135.3
148.9
139.4
102.5

139.2
94.8
135.4
138.1
148.6
144.1
102.0

Year

Ql

Q2

Q3

Q4

1 Total industry

164.7

163.1

164.2

165.2

166.3

2 Mining
3 Utilities

126.7
140.3

127.7
139.8

127.0
140.1

126.3
140.4

125.7
140.7

Series

8 Durable goods ... „
9 Metal
„
10 Nondurable goods
11 Textile, paper, and chemical
12
Paper
13
Chemical....,
14 Energy materials.

B. Capacity
1977 output - 100; quarterly data are seasonally adjusted
Series

170.9

168.9

170.2

171.5

172.8

1

5 Primary processing
6 Advanced processing2

143.4
187.4

141.6
185.4

142.7
186.7

143.9
188.1

145.2
189.5

7 Industrial materials3

149.7

148.5

149.3

150.1

150.8

167.3
109.3
149.0
149.3
150.0
156.4
119.2

165.7
108.8
146.8
146.7
147.6
153.5
119.7

166.8
109.1
148.3
148.5
149.2
155.4
119.4

167.9
109.5
149.8
150.2
150.7
157.4
119.0

169.0
109.8
151.2
151.8
152.3
159.3
118.7

Year

Ql

Q2

Q3

Q4

1 Total industry....

83.3

82.4

82.8

83.8

84.1

2 Mining
3 Utilities

81.7
81.3

80.3
82.0

81.5
79.9

82.3
81.9

82.9
81.3

4 Manufacturing

8 Durable goods
9 Metal
10 Nondurable goods
11 Textile, paper, and chemical
12
Paper
13
Chemical
14 Energy materials

C. Capacity utilization4
Percent; quarterly data are seasonally adjusted
Series

,

83.5

82.7

83.2

84.0

84.4

1

5 Primary processing 2
6 Advanced processing

87.3
81.8

86.9
80.7

86.8
81.5

87.5
82.4

87.9
82.7

7 Industrial materials3

83.7

82.5

83.0

84.3

84.9

81.0
82.8
88.6
90.0
98.2
88.3
85.1

79.4
79.2
88.1
89.7
98.7
87.0
84.3

80.4
80.8
87.9
89.2
97.8
87.3
84.2

81.6
84.8
88.6
90.0
98.8
88.6
86.0

82.4
86.3
89.5
91.0
97.6
90.5
86.0

4 Manufacturing

8 Durable goods
9 Metal
10 Nondurable goods
11 Textile, paper, and chemical
12
Paper
13
Chemical
14 Energy materials




121

44. Labor force, employment, and unemployment
Thousands of persons; monthly data are seasonally adjusted. Exceptions noted
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1984

HOUSEHOLD SURVEY DATA
1 No n institutional population1
2 Labor force 1(including Armed
Forces')
3 Civilian labor force
Employment
4
Non agricultural industries^
5
Agriculture
Unemployment
6
Number
7
Rate (percent of civilian labor
force)
8 Not in labor force

178,602 177,733 177,882 178,033 178,185 178,337 178,501 178,669 178,821 179,005 179,181 179,353 179,524
115,763 114,409 114,818 114,922 115,314 115,863 116,034 116,201 115,920 116,099 116,244 116,388 116,799
113 544 112 209 112,615 112,713 113 098 113 649 113,817 113,972 113,682 113,857 114,019 114,170 114,581
101 685
3,321

8,539

99908 100 471 100,734 101 045 101,850 102,208 102,091 101,877 102,097 102,444 102,578 102,838
3,344 3,286 3,393
3,343
3,194 3,394 3,385
3,383
3,291
3,293 3,353 3,233
9,008

8,791

8,746

8,762

8,456

8,226

8,537

8,519

8,367

8,381

8,198

8,358

7.3
7.4
7.2
7.4
7.5
7.2
7.8
7.3
7.5
7.7
8.0
7.8
62 839 63,324 63,064 63,111 62871 62,474 62,467 62,468 62,901 62,906 62,937 62,965 62,725
7.5

ESTABLISHMENT SURVEY DATA
9 Nonagricultural payroll
employment
10
11
12
13
14
15
16
17

Manufacturing
Mining
Contract construction
Transportation and public utilities . .
Trade
Finance
Service
Government

94496 92,572
19,378
966
4,383
5,159
22,100
5 689
20,797
16023

93,068 93,355 93,722

19,058 19,165
962
961
4,180
4,289
5,089
5,100
21,578 21,690
5,586 5,606
20,257 20,373
15 863 15,883

94,039 94,432

19,262 19,331 19,379
963
968
963
4,263 4,303 4,334
5,147
5,123
5,129
21,765 21,859 21,909
5,627 5 638 5 654
20,463 20,569 20,677
15,889 15 930 15 971

94,760

94,988 95,302 95,594

95,936 96,078

19,432 19,504 19,520 19,468 19,486 19,467 19,485
973
957
963
975
974
948
97$
4,388 4,414 4,42$ 4,459 4,470 4,498 4,535
5,192
5,195
5,169
5,168
5,203
5,186
5,201
22,028 22,136 22,195 22,306 22,431 22,625 22,638
5,676 5,692 5,712
5 801
5,730 5,756 5,779
20,771 20,821 20,878 21,046 21,138 21,240 21,314
15,995 16,049 16 091 16,128 16,149 16,175 16,152
1985

HOUSEHOLD SURVEY DATA
1 Noninstitutional population1
2 Labor force 1(including Armed
Forces)
3 Civilian labor force
Employment
4
Nonagricultural industries2
5
Agriculture
Unemployment
6
Number
7
Rate (percent of civilian labor
force)
8 Not in labor force

180,440 179,600 179,742 179,891 180,024 180,171 180,322 180,492 180,657 180,831 181,011 181,186 181,349
117 695 116,943 117,085 117,538 117 547 117,513 117,250 117,542 117,535 118,160 118,341 118,373 118 560
115 461 114 727 114 859 115 314 115 322 115 286 115 024 115 313 115 283 115 901 116 100 116 127 116 323
103 971 102 966 103,230 103,727 103 621 103 707 103,434 103,669 103 987 104,578 104 739 104,919 105 023
3 179 3 319 3 318 3 253 3 298 3 278 3 158 3 144 3 124 3 063 3 054 3 062 3 146
8 312

8 442

8 334

8 403

8 301

8 432

8500

8 172

8 260

8 146

8 154

7.4
7.2
74
71
71
72
73
72
7.0
72
7.3
72
62 745 62 657 62 657 62 353 62477 62 658 63 072 62950 63 122 62 671 62 670 62 813

70
62789

8 311

8 307

ESTABLISHMENT SURVEY DATA
9 Nonagricultural payroll
employment
10
11
12
13
14
15
16
17

Manufacturing
Mining
Contract construction
Transportation and public utilities . .
Trade
Finance
Service
Government

122



97,519 96,371 96,500

96,852

19,260 19,475
927
948
4,673 4,562
5,238 5,215
23 073 22 690
5 955 5,822
22 000 21 458
16,394 16,201

19,403 19,336 19,297
944
944
950
4,616 4650 4,667
5,215
5,229 5,236
22 879 22944 23 042
5,867
5891 5,915
21 664 21 741 21 863
16,264 16,284 16,333

19,424
947
4,547
5,224
22 754
5,841
21 542
16,221

97,025

97,297

97,422

97,610 97,815 98,013 98,225

98,433 98,624

19,262 19,227 19203 19,132 19,115 19,120 19 119
927
937
910
919
896
904
891
4,660 4,668 4,694 4,726 4,746 4,755 4,768
5,240 5,244 5,229 5,249 5,256 5,257 5,262
23 102 23 113 23 183 23 214 23 257 23 313 ?1 159
6,079 6 111)
6,045
5,935 5,958 5,985 6,015
21 930 21 984 22 126 22 261 22362 22486 ?2 561
16,356 16,489 16,476 16,506 16,520 16,527 16 554

44. Labor force, employment, and unemployment—Continued
Thousands of persons; monthly data are seasonally adjusted. Exceptions noted
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1986

HOUSEHOLD SURVEY DATA
1 Noninstitutional population1

182,822 181,898 182,055 182,223 182,387 182,545 182,732 182,906 183,074 183,261 183,450 183,628 183,815

2 Labor force 1(including Armed
Forces)
120,078 118,915 119,109
3 Civilian labor force
117 834 116,687 116 875
Employment:
4
Non agricultural industries2 ..... 106,434 105,592 105,393
3,084
3 163 3,287
5
Agriculture
Unemployment
6
Number
8 237 7808 8398
7
Rate (percent of civilian labor
67
72
70
force)
62744 62,983 62,946
8 Not in labor force

119,432 119,580 119,847 120,361 120,348 120,356 120,645 120,718 120,888 120,835
117 194 117,341 117,613 118,132 118,124 118 110 118,381 118 454 118,623 118,567
105,644 105,798 106,013 106,463 106,684 106,925 106,889 107,073 107,213 107,507
3,194
3,142
3 129 3 212 3,149
3 091 3,169
3,157
3203 3,145
8 347

8,398

8443

8,475

8298

8 094

8 323

8 252

8 198

7 911

7.2
7.2
70
72
71
6.9
70
70
69
67
62,791 62,807 62,698 62,371 62,558 62,718 62,616 62,732 62,740 62,980

ESTABLISHMENT SURVEY DATA
9 Nonagricultural payroll
employment
10 Manufacturing
11 Mining
.
12 Contract construction
13 Transportation and public utilities . .
14 Trade
15 Finance
16 Service
17 Government

99 525 98,790

98,886 98,970

18,965 19,116 19,088 19,053
843
873
111
891
4 816 4 804 4792 4801
5,267 5,261
5,259
5,255
23 683 23 392 23 422 23 469
6 184
6 283 6,127 6,158
23 053 22 626 22680 22 754
16 693 16,567 16,612 16 607

99,146 99,262

99,152

99,459

99 617

99,935 100,154 100 341 100,575

19,032 19,001 18,942 18,911 18,908 18,898 18,880
764
722
720
738
781
757
813
4 836 4 805 4788 4 802 4 819 4 815 4 835
5,251
5,254 5,226 5,269 5,268
5,259 5,153
23 524 23 608 23 606 23 724 23 796 23 853 23 891
6,219
6,375
6,244 6,274 6,305 6330 6,355
22 852 22 918 22 991 23 066 23 151 23 250 23 353
16,619 16 646 16,634 16,640 16 649 16,773 16832

18,875
716
4 838
5,290
23 932
6394
23 445
16851

18,889
710
4 874
5,298
23 962
6,431
23 539
16,872

1987

HOUSEHOLD SURVEY DATA
1 Noninstitutional population1
2 Labor force 1(including Armed
Forces)
Civilian labor force
Employment
4
Nonagricultural industries2
5
Agriculture „
Unemployment
6
Number
7
Rate (percent of civilian labor
force) . „
,
8 Not in labor force ....
3

185,010 184,092 184,259 184 436 184,597 184,777 184,941 185,127 185,264 185,428 185,575 185 737 185,882
122,122 121,138 121,380 121 520 121,647 122,346 121,885 122,126 122 507 122,275 122,693 122 794 122,963
119 865 118 873 119 119 119 263 119 394 120 102 119 647 119 884 120 245 120 008 120 429 120 527 120 701
109,232 107,823 108,066 108,238 108,566 109,180 109,065 109,377 109,890 109,704 109,998 110,320 110,528
3,344 3,222 3,236 3,129
3,205 3,221
3,192
3,223
3,227 3 140 3,212
3,208 3,146
7,425

7,904

62

6.6

62 888 62 954

7,848

7,804

6.6

6.5

62 879 62 916

7,605

7,578

7,360

7,271

7,226

7,112

7,204

7,067

6,961

6.2
5.8
6.0
6.3
5.9
5.9
6.1
6.4
6.0
62950 62 431 63 056 63 001 62 757 63,153 62 882 62 943 62 919

ESTABLISHMENT SURVEY DATA
9 Nonagricultural payroll
employment
10
11
12
13
14
15
16
17

Manufacturing
Mining
Contract construction
Transportation and public utilities . .
Trade
Finance
Service
Government




102 310 100,798 101 015 101 254 101,582 101 777 101 956 102,293 102 525 102,683 103,213 103 470 103,791

19,065
721
4,998
5,385
24,381
6,549
24 196
17 015

18,869 18,903 18,922 18,930 18,947 18946 19,022 19,062 19,100 19,149 19,207 19,242
713
732
716
713
729
111
710
705
728
720
706
706
5 030 5,051
4,899 4,923 4923 4,933 4,957 4957 4,963 4,977 4,967 5,015
5,352
5,304 5,317
5,331
5,349 5,352 5,360 5,378
5,406 5,424 5,440 5,451
23,996 24,074 24,118 24,191 24,222 24,283 24,339 24,372 24,421 24,560 24,639 24,690
6,448 6,466 6,490 6,522 6,539 6,548 6,566 6,578 6,587 6,602 6601 6,616
23,688 23 751 23 859 23,977 24,080 24 174 24,296 24,411 24,474 24,599 24 687 24,817
16 889 16 875 16 905 16,967 16 970 16 983 17,031 17 027 17 001 17 132 17 137 17 196

123

44. Labor force, employment, and unemployment—Continued
Thousands of persons; monthly data are seasonally adjusted. Exceptions noted
Year | Jan. [ Feb. | Mar. | Apr.

May [ June | July j Aug. [ Sept. 1 Oct. I Nov. I Dec.

Category
1988

HOUSEHOLD SURVEY DATA
1 Noninstitutional population1

186,837 186,083 186,219 186,361 186,478 186,600 186,755 186,911 187,033 187,178 187,333 187,471 187,618

2 Labor force (including Armed
Forces)1.
123,893 123,296 123,415 123,186
3 Civilian labor force
121,669 121,035 121,165 120,936
Employment
2
111,800 110,799 111,073 110,948
4
Nonagricultural industries
3,169 3,256 3,200 3,181
5
Agriculture
Unemployment
6,701 6,980 6,892 6,807
6
Number
5.5
5.8
5.7
5.6
7
Rate (percent of civilian labor force) ,
8 Not in labor force
62,944 62,787 62,804 63,175

123,574 123,429 123,717 123,840 124,203 124,200 124,310 124,737 124,779
121,328 121,203 121,524 121,658 122,000 121,984 122,091 122,510 122,563
111,473 111,293 111,880 111,974 112,061 112,194 112,335 112,709 112,816
3,187 3,110
3,121
3,060 3,142 3,176 3,238 3,238 3,193
6,668 6,800 6,523 6,624 6,797 6,614 6,518 6,563 6,554
5.5
5.6
5.4
5.4
5.S
5.4
5.3
5.4
5.3
62,904 63,171 63,038 63,071 62,833 62,978 63,023 62,734 62,839

ESTABLISHMENT SURVEY DATA
9 Nonagricultural payroll
employment3
10
11
12
13
14
15
16
17

Manufacturing
Mining
Contract construction
Transportation and public utilities .
Trade
Finance
Service
Government

124



106,039 103,970 104,414 104,682 104,901 105,091 105,561 105,768 105,954 106,207 106,475 106,824 107,097
19,536
733
5,294
5,584
25,362
6,679
25,464
17,387

19,255
721
4,959
5,468
24,803
6,632
24,926
17,206

19,272
723
5,038
5,481
24,941
6,631
25,099
17,229

19,287
723
5,088
5,494
24,940
6,642
25,211
17,297

19,327
725
5,109
5,506
24,979
6,647
25,306
17,302

19,354
725
5,100
5,522
25,037
6,654
25,364
17,335

19,400
726
5,139
5,542
25,123
6,672
25,597
17,362

19,448
725
5,150
5,557
25,177
6,678
25,683
17,350

19,425 19,431 19,505
717
725
719
5,162
5,163
5,153
5,572 5,581 5,596
25,233 25,259 25,315
6,695 6,710
25,784 25,888 25,986
17,376 17,471 17,484

19,557 19,589
711
712
5,213
5,191
5,634
5,616
25,386 25,453
6,726 6,744
26,111 26,230
17,525 17',523

45. Industrial production1
Monthly data are seasonally adjusted

Groups

1977
proportion

1986
1986
avg.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Index (1977 - 100)

MAJOR MARKET
1 Total index

100.00 125.1 126.4

125.5

123.9

124.7

124.3

124.1

124.8

124.9

124.5

125.3

125.7

126.8

57.72
44.77
25.52
19.25
12.94
42.28

133.3
132.5
124.0
143.6
136.2
113.8

134.0
134.0
123.6
147.7
134.2
115.9

133.2
132.9
122.9
146.1
134.2
115.0

131.7
131.0
121.4
143.7
134.0
113.2

132.8
132.2
123.8
143.3
134.9
113.7

132.5
131.7
123.8
142.1
135.1
113.2

132.2
131.0
123.7
140.8
136.3
113.0

133.4
132.3
124.5
142.7
137.1
113.2

133 6
132.7
125.0
142.8
136.8
113.1

133 1
132.1
123.6
143.4
136.4
112.9

134 1
132.9
124.8
143.7
138.3
113.3

134.1
132.9
125.0
143.4
138.1
114.3

135.2
134.1
126.6
144.0
139.2
115.2

Consumer goods
8 Durable consumer goods
9 Automotive products
10
Autos and trucks
11
Autos, consumer
12
Trucks, consumer
13
Auto parts and allied goods . .
14 Home goods
15
Appliances, A/C, and TV.
16
Appliances and TV
17
Carpeting and furniture .
18
Miscellaneous home goods

6.89
2.98
1.79
1 16
.63
1 19
3.91
1 24
1.19
.96
1.71

115.6
115.3
112.9
97.3
141.8
118.9
115.8
134.0
135.9
126.3
96.8

115.2
114.5
114.2
100.9
138.9
115.0
115.8
133.9
136.3
125.5
97.2

115.1
116.2
116.4
104.0
139.4
116.0
114.2
130.6
133.1
125.0
96.4

111.3
110.8
106.6
93 2
131.5
117.2
111.6
1246
126.7
122.8
95.9

114.5
115.9
114.3
99 7
141.4
118 3
113.4
1302
131.4
123.7
95.5

114.0
114.6
111.9
96.0
141.5
118.6
113.5
129.2
131.2
124.9
95.8

114.3
114.7
113.4
99.4
139.6
116.7
114.0
130.7
131.9
124.7
96.1

115.9
116.6
114.6
949
151.2
119.5
115.4
133.1
135.4
127.8
95.6

116.2
115 8
112.2
90 1
153.1
121 3
116.5
135 7
138.6
126.8
96.8

117.4
1184
117.5
98 9
152.2
119 6
116.7
136 6
138.6
125.9
97.1

116.8
115 7
112.1
98 0
138.3
121 3
117.6
137 4
138.6
128.6
97.2

117.4
114.9
109.3
94.5
136.9
123.2
119.3
141 0
142.5
129.4
98.0

119.5
115.3
112.0
960
141.7
1204
122.6
146 6
147.8
131.2
100.5

19 Nondurable consumer goods
20 Consumer staples . .
21
Consumer foods and tobacco
22
Nonfood staples
23
Consumer chemical products
24
Consumer paper products
25
Consumer energy
26
Consumer fuel
27
Residential utilities

18.63
15.29
7.80
7.49
2.75
1.88
2.86
1.44
1.42

127. 1
133.9
132.7
135.2
158.2
147.4
105.1
92.9
117.5

126.7
133.1
131.8
134.4
154.7
147.1
106.7
93.9
119.7

125.8
132.5
132.2
132.8
154.9
143.4
104.5
93.3
115.9

125.2
131.8
131.4
132.2
154.1
143.5
103.7
92.7
114.9

127.2
134.0
133.1
135.0
1595
145.6
104.5
93.1
116.2

127.5
134.3
133.3
135.4
159.7
148.5
103.5
94.9
112.3

127.1
134.0
132.9
135.1
160.2
146.9
103.3
92.4
114.4

127.6
134.4
132.8
136.1
160.5
146.1
106.2
92.0
120.7

128.2
135.1
133 6
136.6
1595
148.5
106.9
94.8
119.3

125.9
132.6
131 7
133.6
1564
145.7
103.6
92.2
115.3

127.7
134.5
1324
136.7
159 1
150.2
106.3
91.4
121.5

127.8
134.8
133.2
136.5
157.9
151.6
106.1
91.7
120.7

129.2
136.3
134.7
138.0
161.4
152.3
106.1
92.2
120.2

Equipment
28 Business and defense . . .
29 Business
30
Construction, mining and farm
31
Manufacturing
32
Power
33
Commercial
34
Transit
35 Defense and space

18.01
14.34
2.08
3.27
1.27
5.22
2.49
3.67

148.1
139.5
55.7
114.0
82.4
217.4
108.8
18lO

149.6
142.1
57.5
113.2
84.5
222.4
112.0
178.9

148.8 147.2
141.3 139.2
56.3 53.8
113.6 113.7
83.9 83.9
220.8 219.1
111.7 105.1
178.0 178.6

147.8
139.6
53.3
113.5
84.2
217.0
112.2
179.8

147.1
138.6
55.5
113.7
83.9
214.6
109.3
180.2

146.0
137.2
56.9
113.6
84.2
210.0
109.7
180.7

148.2
139.4
55.8
114.4
82.5
218.2
106.2
182.4

148.2
139.1
56.3
115.1
81.6
217.4
105.2
183.7

148.8
139 6
56.2
115.5
79.8
216.5
110.6
185.6

148.8 148.4
139 4 138.8
56.1
54.6
115 4 112.9
79.5
80.5
2166 218.0
109.2 107.8
1846 185.5

149.0
139.5
56.7
113.8
80.2
218.8
106.6
186.2

5.95
6.99
5.67
1.31

126.4
144.6
148.5
127.8

125.3
141.7
145.7
124.3

125.4
141.7
145.2
126.4

125.4
141.3
144.9
125.8

125.4
143.1
146.7
127.4

125.6
143.2
146.6
128.4

125.6
145.5
149.0
130.4

126.5
146.1
150.3
128.1

127.0
145.1
149.1
128.0

127.3
144.2
148.4
126.2

127.3
1477
152.1
1286

127.3
147.3
151.0
131.3

128.6
148.2
152.7
129.0

20.50
4.92
5.94
9.64
4.64
10.09
7.53
1.52
1.55
4.46
2.57
11.69
7.57
4.12

120.0
100.7
153.8
109.0
79.7
117.5
117.9
104.5
132.6
117.5
116.3
99.7
105.8
88.5

122.4
104.0
155.0
111.8
84.4
116.0
116.3
101.1
129.2
117.0
115.0
104.4
110.1
94.1

121.3
103.8
154.1
110.0
82.4
115.7
115.9
103.8
127.8
115.9
115.1
103.5
109.5
92.5

119.4
100.8
153.6
107.7
79.1
113.9
114.3
102.3
128.4
113.6
112.8
101.9
108.6
89.4

120.1
100.6
154.0
109.1
81.4
116.3
115.9
103.0
130.2
115.3
117.2
100.2
106.5
88.6

119.4
99.2
153.4
108.8
79.4
116.1
116.6
103.1
129.4
116.7
114.6
99.9
105.9
88.7

118.7
99.5
152.5
107.7
76.6
117.3
117.5
104.5
133.5
116.4
116.6
99.1
104.9
88.4

119.1
99.2
153.5
108.1
77.6
117.3
117.4
104.0
132.6
116.8
116.8
99.2
104.1
90.2

118.9
98.4
153.7
107.9
77.3
118.5
119.3
106.6
136.1
117.8
116.4
98.1
104.2
87.0

118.9
98.5
154.0
107.6
77.8
119.0
120.0
107.2
133.5
119.6
116.0
97.1
103.0
86.1

119.7
100.9
153.5
108.5
78.4
119.3
119.7
104.8
134.2
119.8
118.0
96.8
102.9
85.6

120.6
101.2
153.9
110.1
81.1
119.2
119.5
106.1
136.7
118.1
118.4
98.8
106.0
85.6

121.6
102.4
154.4
111.3
81.1
122.5
123.4
107.8
140.2
122.9
119.6
97.7
104.2
85.6

2 Products
3 Final products
4
Consumer goods . . .
5
Equipment
6 Intermediate products
7 Materials

Intermediate Products
36 Construction supplies . .
37 Business supplies
38 General business supplies
39 Commercial energy products
Materials
40 Durable goods materials
41 Durable consumer parts
42 Equipment parts
43 Durable materials n.e.c
44
Basic metal materials
45 Nondurable goods materials
46 Textile, paper, and chemical materials . .
47
Textile materials
48
Pulp and paper materials
49
Chemical materials
50 Miscellaneous nondurable materials
51 Energy materials
52 Primary energy
53 Converted fuel materials




125

45. Industrial production1—Continued
Monthly data are seasonally adjusted

1986

1977
proportion

1986
avg.

15.78
9.83
5.96
84.22
35.11
49.10

103.5
100.4
108.5
129.1
130.1
128.4

110.5
110.0
111.5
129.3
128.6
129.8

108.4
107.6
1099
128.6
128.2
128.9

106.2
105.2
1079
127.4
127.3
127.4

104.4
102.1
108.1
128.7
128.9
128.5

102.6
100.5
106.1
128.5
129.7
127.7

101.5
98.2
106.9
128.3
130.2
126.9

10
11912
13
14

.50
1.60
7.07
.66

74.2
127.7
93.9
123.1

80.3
137.4
104.7
122.6

79.9
134 1
101.9
124.5

78.2
130 0
100.0
121.2

77.4
1272
96.1
124.3

73.2
125.3
94.8
122.5

20
21
22
23
26

7.96
.62
2.29
2.79
3.15

134.4
97.1
109.2
103 1
136.5

132.9
95.2
106.4
103 4
133.7

133.7
98.3
107 9
102 2
132.8

133.1
95.7
105 3
102 0
132.9

134.4
100.0
108.6
102 4
134.2

27
28
29

4.54
8.05
2.40

160.9
132.0
926

158.0
130.7
94 4

155.5
130.4
91 0

155.9
128.8
90 3

30
31

2.80
.53

151 4
61.4

1489
66.0

149 7
64.4

24
25

2.30
1.27

124.1
143.8

122.0
140.4

32

2.72

118.2

Primary metals
33
333,2
Iron and steel
34
Fabricated metal products . .
Nonelectrical machinery
35
Klectrical machinery
36
Transportation equipment . .
37
371
Motor vehicles and parts .
Aerospace and
miscellaneous
transportation
equipment
372-6,9
32 Instruments
38
33 Miscellaneous
manufactures
39

5.33
3.49
6.46
9.54
7.15
9.13
5.26

SIC
code

Jan.

Aig.

Sept.

Oct.

Nov.

Dec.

101.9
97.8
108 6
129.2
130.6
128.1

103.7
95.9
1070
123.2
131.1
127.9

99.7
95.8
106.2
129.2
130.3
128.4

100.9
96.2
108.6
129.7
131.2
128.6

102.0
97.5
109,6
130.1
131.7
129.0

101.6
97.1
109 0
131.3
133.4
129.7

67.0
125.7
91.7
124.3

71.1
124.8
91.2
122.6

72.4
126.0
8<15
125.0

73.8
124.1
88.5
121.1

70.9
123.6
89.2
123.9

71.1
129.8
89.6
123.2

76.2
'125 4
89.8
322.5

134.4
100.1
108.2
102 5
133.5

134.8
98.3
108.8
1027
137.5

134.5
99.3
108.6
103 5
138.5

135.3
97.7
130.7
1(1'> 2
139.1

134.4
93.0
110.6
102 6
136.5

133.7
98.2
110.2
103 9
138.8

135.3
96.4
112.2
103 8
139.6

136.7
93.4
1134
1 04 9
141.1

159.1
131.0
925

160.0
132.2
94.7

161.5
132.1
92.1

161.4
132.8
91.6

161.7
132.6
93.8

161.7
132.2
93.0

164.4
133.3
92.5

164.8 166.4
132.3 135.7
92.4
93.5

147 3
62.9

146 1
61.9

149.2
60.4

150.8
58.5

153 2
61.7

1^3 1
61.4

152.4
59.0

154.2
59.4

155.2
61.0

121.2
140.9

121.1
141.5

123.2
143.2

123.1
143.1

121.5
144.1

122.5
145.5

125.6
144.4

123.8
143.5

124.6
145.4

130.3 133.5
145.6 148.8

119.0

118.2

118.3

119.7

118.0

118.4

117.4

117,0

118.0

117.3

118.7

75.1
63.4
108.0
145.0
165.7
127.5
111.5

80.7
70.8
109.3
147.9
165.4
128.5
114.1

78.8
68.2
108.5
146.5
163.4
128.7
115.1

76.3
64.9
107.3
145.1
162.6
125.2
109.0

76.5
64.9
108.9
143.8
164.5
128.1
113.0

75.1
62.1
107.0
143.6
165.0
127.0
110.7

72.5
60.5
107.2
143.6
161.9
127.5
112.1

73.6
62.5
106.7
145.6
166.6
127.2
111.4

72.6
603
106S
1450
1666
126,9
109.6

72.8
60.2
107.8
144.9
166.5
128.9
113.0

73.1
61.0
108.9
145.0
167.3
127.6
110.3

75.5
73.4
63.5
61.3
108.3 109.6
144.5 144.8
167.9 170.4
126.9 126.8
109.1 109.7

3.87
2.66

149 2
139.8

148 0
140.9

147 1
141.3

147 3
141.1

148 7
141.7

149 2
139.0

148.4
137.9

148 7
138.7

150 1
139.7

150.4
138.7

151.2
139.1

151.1
139.3

150.1
140.2

1.46

100.1

99.8

100.5

99.1

99.6

101.8

98.8

99.0

98.9

99.3

100.0

100.9

103.8

4.17

Groups

122.4

120.4

119.8

119.9

123.9

122.1

123.1

125.1

122.7

121.0

124.0

124.4

122.6

Feb.

Mar.

Apr.

May

June

July

Index (1977 - 100)

MAJOR INDUSTRY
1 Mining and utilities
2 Mining
3 Utilities
4 Manufacturing
5 Nondurable .
6 Durable
,

....

1
8
9
10

Mining
Metal
Coal
.
Oil and gas extraction
Stone and earth minerals . . .

11
12
13
14
15

Nondurable manufactures
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

16
17
18
19

Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastic
products
20 Leather and products
Durable manufactures
21 Lumber and products
22 Furniture and fixtures
23 Clay, glass, and stone
products
24
25
26
27
28
29
30
31

Utilities
34 Electric

157 1
60.2

119.4

Gross value (billions of 1982 dollars, annual rates)
MAJOR MARKET
35 Products, total
36 Final
37 Consumer goods
38 Equipment
39 Intermediate

126



....

1,681.6 1,696.0 1,687.7 1,663.2 1,681.7 1,683.1 1,672.2 1,671.4 1,677.8 1,675.9 1,687.3 1,686.7 1,700.7
1,296.9 1,315.7 1,309.0 1,283.3 1,302.4 1,297.8 1,287.4 1,284.8 1,292.9 1,291.8 1,296.9 1,296.6 1,307.3
844.1 848.4 845.2 831.3 846.7 847.2 840.4 840.7 847.8 839.2 843.5 846.5 8.57.1
452.8 467.3 463.8 452.1 455.7 450.5 446.9 444.1 445.1 452.6 453.4 450.0 450.2
384.7 380.3 378.7 379.8 379.2 385.3 384.9 386.6 384,8 384.1 390.3 390.2 393.4

45. Industrial production1—Continued
Monthly data are seasonally adjusted

Groups

1977
proportion

1987
1987
avg.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Index (1977 = 100)

MAJOR MARKET
1 Total index

100.00 129.8

126.2

127.1

127.4

127.4

128.2

129.1

130.6

131.2

131.0

132.5

133.0

133.6

57.72
44.77
25.52
19.25
1294
42.28

138.3
136.8
127.7
148.8
143.5
118.2

134.5
133.3
125.5
143.5
138.8
114.9

136.0
134.8
126.4
146.0
139.9
114.9

136.4
135.1
126.7
146.2
140.9
115.2

135.8
134.5
125 5
146.4
1403
115.9

136.9
135.5
127.3
146.3
141.8
116.3

137.8
136.2
127.2
148.1
143.3
117.2

139.5
137.9
128.9
149.7
145.0
118.5

139.9
138.4
129.4
150.2
145.3
119.4

139.4
137.8
127.7
151.2
144.9
119.7

140.9
139.3
129.0
153.0
146.1
121.2

140.9
139.1
129 1
152.4
147 2
122.2

141.1
139.2
129.3
152.4
147 7
123.3

6.89
2.98
1.79
1.16
.63
1.19
3.91
1.24
1.19
.96
1.71

120.2
118.5
115.1
90.7

118.8
116.6
116.6
93.0
160.3
116.7
120.5
145.4
147.3
124.7
100.1

121.0
122.6
123.7
104.1
160.0
121.0
119.8
142.9
144.5
125.4
100.0

119.8
121.6
122.6
101 7
161.3
120.1
118.4
134.0
134 6
128.9
101.2

116.7
115.0
110.9
908
148.0
121.2
118.1
133.9
135.2
128.2
101.0

120.1
118.8
114.6
927
155.3
125.0
121.2
141.3
141.6
130.5
101.4

117.4
114.9
107.9
874
146.0
125.4
119.3
133.4
133.4
132.3
101.8

120.4
117.5
112.3
864
160.4
125.3
122.5
141.7
142.6
134.1
102.2

121.2
118.0
112.4
76.8
178.4
126.6
123.6
147.1
145.5
132.0
102.0

118.6
114.2
107.2
79 1
159.4
124.8
121.9
141.8
140.6
131.6
102.2

124.3
124.3
122.2
94.7
173.2
127.5
124.3
145.7
146.1
132.9
104.1

123.7
121 4
118.7
91 9
168.5
125.4
125 4
150.1
150 5
133.0
103 4

120.3
116 0
110.2
83 7

19 Nondurable consumer goods
20 Consumer staples
21
Consumer roods and tobacco
22
Nonfood staples
23
Consumer chemical products
24
Consumer paper products
25
Consumer energy
26
Consumer fuel
27
Residential utilities

18.63
15.29
7.80
7.49
2.75
1 88
2.86
1.44
1.42

130.5
137.3
136.2
138.3
162.7
151 7
106.2

128.0
134.8
133.2
136.4
158.9
149.5
106.3
95.0
117.8

128.4
134.9
134.5
135.4
158.7
146.7
105.6
92.8
118.6

129.3
136.3
135.6
137.0
161.0
1499
105.4
94 1
117.0

128.7
135.5
134.5
136.5
161.2
149 1
104.4

130.0
136.7
136.0
137.5
161.6
151 8
104.9
91 4
118.6

130.9
137.6
136.0
139.2
164.4
153.1
105.9
91 9
120.2

132.1
138.9
137.2
140.6
165.7
153 8
108.0

131.0
137.8
137.0
138.6
163.6
153.2
105.0
91.6
118.7

130.8
137.4
137.5
137.2
160.0
151.8
105.8
92.4
119.4

131 1
137.9
137.1
138.6
162.1
153 0
106.7

132.6
139.9
139.0
140.8
166.6
154 6
107.0

123.6

132.5
139.2
137.4
141.2
167.4
153.9
107.7
91.4
124.3

120.5

Equipment
28 Business and defense
29 Business
„
30
Construction, mining, and farm
31
Manufacturing
32
Power
33
Commercial , . .
34
Transit
35 Defense and space

18.01
14.34
2.08
3.27
1.27
5.22
2.49
3.67

153.5 148.5
144.4 138.6
62.2
56.0
117.8 113.3
82.7
80.8
2262 216.7
108.4 106.6
189.1 187.3

151.3
141.7
54.7
115.3
82.5
220.7
113.6
188.9

151.4 151.7 151.4 153.2
141.9 142.1 141.7 144.2
57.4
60.3
63.0
57.2
113 9 114.4 114.4 117.2
84.0
83.2
81.6
82.8
2226 2248 221 2 226.7
110.6 106.7 108.9 105.4
188 6 189.2 189.3 188.6

154.4
145.6
65.0
120.4
81.8
227.9
106.1
188.7

154.5
145.6
66.4
120.9
82.8
227.7
104.7
189.1

155.2
146.3
66.1
122.0
81.1
229.1
105.1
189.8

157.2
148.7
66.5
120.5
83.0
232.4
112.5
190.3

156.7 157.0
148.3 148.7
67.1
67.0
1200 121.3
83.8
84.7
231 9 232.8
111.2 109.5
1898 189.7

5.95
6.99
5.67
1.31

131.6
153.6
158.8
131.4

130.3
146.0
150.7
125.6

130.0
148.4
153.3
127.4

130.4
149 9
154.5
130.2

128.2
1506
155.8
128.1

129.1
152.6
157.1
133.4

131.5
153.4
158.5
131.1

133.1
155 2
160.5
132.3

132.5
156.3
161.0
135.8

132.3
155.6
160.9
132.7

133.3
157.1
162.3
134.6

134.0
158 5
164.3
133 2

134.6
158 8
164.5
134.2

20.50
4.92
5.94
9.64
4.64
10.09
7.53
1.52
1.55
4.46
2.57
11.69
7.57
4.12

125.0
100.8
158.9
116.4
86.7
125.7
127.6
112.1
140.7
128.3
120.4
99.7
104.8
90.3

120.5
101.8
154.0
109.6
78.6
121.4
122.7
104.9
137.3
123.8
117.4
99.3
106.6
85.8

121.3
102.3
155.5
109.9
79.6
120.8
121.7
104.4
136.4
122.4
118.4
98.6
104.8
87.2

122.3
101.8
156.0
112.1
80.0
121.5
122.4
109.0
135.4
122.5
118.7
97.2
103.0
86.4

122.2
99.3
156.2
113.0
80.6
124.1
125.1
112.7
136.4
125.4
121.0
97.8
103.7
86.9

122.6
99.1
156.9
113.4
81.3
123.9
124.9
109.7
137.7
125.7
120.8
98.7
103.5
89.9

124.0
99.2
158.3
115.5
83.6
124.1
125.1
111.9
139.0
124.9
120.9
99.4
104.0
91.0

125.2
98.5
159.3
117.7
86.6
127.6
129.6
117.8
145.4
128.1
122.0
99.0
102.5
92.5

125.5
99.6
159.5
117.9
90.4
128.3
130.6
116.7
145.0
130.4
121.4
100.9
104.6
94.1

126.4
99.0
161.1
118.9
91.3
128.6
131.2
116.0
143.3
132.2
120.9
100.2
104.6
92.2

128.7
102.3
162.2
121.6
95.3
128.2
131.0
113.0
142.0
133.4
119.7
101.8
106.8
92.7

130.0
103.0
163.2
123.2
96.3
129.4
132.4
114.2
143.5
134.7
120.9
102.4
107.8
92.6

131.8
103.7
164.8
125.9
100.7
131.3
134.5
114.6
146.4
137.2

2 Products
o.
3 Final products
4
Consumer goods
5
Equipment
6 Intermediate products
7 Materials
»
Consumer goods
8 Durable consumer goods
9 Automotive products
10
Autos and trucks
11
Autos consumer
12
Trucks, consumer
13
Auto parts and allied goods
14 Home goods
. . . .
15
Appliances, A/C, and TV
16
Appliances and TV
17
Carpeting and furniture
18
Miscellaneous home goods

Intermediate Products
36 Construction supplies
37 Business supplies. .
38 General business supplies
39 Commercial energy products
Materials
40 Durable goods materials
41 Durable consumer parts
42 Equipment parts
43 Durable materials n.e.c
44
Basic metal materials
45 Nondurable goods materials
46 Textile, paper, and chemical materials . .
47
Textile materials
48
Pulp and paper materials
49
Chemical materials
50 Miscellaneous nondurable materials
51 Energy materials
52 Primary energy .
.
.
....
53 Converted fuel materials




123.6
121.5
141.5
142.1
130.6
101.9

930

119.8

944

114.7

927

932

124.6
123.6
143.5
143 4
132.9
104.0

947

101.3
106.3
92.1

127

45. Industrial production1—Continued
Monthly data are seasonally adjusted

1987

1977
proportion

1987
avg.

15.78
9.83
5.96
84.22
35.11
49.10

104.2
100.5
110.3
134.6
136.7
133.1

102.6
99.4
108.0
130.7
132.7
129.3

102.4
98.8
108.5
131.6
132.9
130.8

101.9
98.3
107.9
132.4
133.7
131.5

101.4
98.6
106.0
132.4
134.6
130.9

103.1
99.2
109.6
133.2
135.7
131.4

103.0
99.2
109.4
134.0
136.9
132.0

10
11,12
13
14

.50
1.60
7.07
.66

77.1
131.8
92.5
128 2

74.1
1364
91.2
116 1

73.6
131.7
90.9
122 1

71.2
122.3
92.4
123 8

65.7
121.9
93.1
125.4

71.7
127.2
92.1
1276

20
21
22
23
26

7.96
.62
2.29
2.79
3.15

137.7
103.4
116.0
107.4
144.4

134.6
89.9
109.2
106.1
139.7

136.4
99.9
110.8
106.5
139.9

137.3
101.1
112.6
105.4
139.9

136.0
99.6
116.6
105.3
140.5

27
28
29

4.54
8.05
2.40

172.0
140.1
93.5

166.3
136.4
95.6

164.4
135.7
91.6

167.6
135.3
92.1

30
31

2.80
.53

163.5
60 0

155.3
58 9

156.2
598

24
25

2.30
1.27

130.5
152.8

128.5
143.5

32

2.72

119.2

Primary metals
33
331,2
Iron and steel
Fabricated metal products . .
34
Nonelectrical machinery
35
Electrical machinery . .
36
Transportation equipment . .
37
Motor vehicles and parts .
371
Aerospace and
miscellaneous
transportation
equipment
372-6,9
32 Instruments
38
33 Miscellaneous
manufactures
39

5.33
3.49
6.46
9.54
7.15
9.13
5.26

Groups

SIC
code

Au,|.

Sept.

Oct.

Nov.

Dec.

103.7
99.2
111.2
135.6
138.5
133.5

1054
10Q9
1129
135,9
13S.8
133.8

105.4
101.9
111.2
135.7
138.6
133.7

106.8
103.6
112.1
137.3
138.1
136.8

107.5
104.2
112.9
137.9
139.4
136.7

106.8
103.2
112.6
138.5
140.6
137.1

70.7
128.8
91.8
128.5

71.4
127.9
91.8
130.7

79.3
130.5
93.0
130.3

86.5
133 3
93.3
1300

85.6
140 3
94.1
131 0

90.0
142 9
93.6
134 1

140 6
92.7
135.7

137.4
106.6
115.7
106.4
141.3

137.7
107.0
117.2
107.7
142.6

138.5
106.8
118.3
109.7
148.8

138. S
11CU
119.!$

108.4
148,,'J

1395
101.7
119.2
107.6
147.4

138.0
103.7
116.8
108.0
146.0

1384
103.4
118.3
109.3
148.3

149.8

169.2
137.3
94.0

171.4
138.1
92.6

174.1
139.3
92.3

174.0
140.8
94.1

174,7
142,3
92,9

174.9
142.4
93.5

175.2
141.5
94.6

175.6
144.2
93.3

175.9
146.8
96.0

158.6
59 4

160.5
602

162.2
61.4

165.4
60.8

167.2
59.2

164.8
61.3

165.2
607

166.7
59.6

169.4
60 7

169.9
58 3

129.6
145.0

128.9
149.9

127.8
148.2

130.3
150.5

131.1
153.9

132.8
156.2

131,1
155.2

126.9
155.9

129.8
1560

134.0
158.1

135.8
159.2

121.9

118.8

119.8

120.6

117.2

117.9

118.8

116.5

118.6

118.9

120.5

122.1

81 5
70.8
111 0
152.5
172.2
129.2
111.8

72.8
59.5
108.4
143.4
170.4
129.0
112.0

75.1
62.3
108.3
145.5
171.0
132.7
117 7

77.0
65.4
1105
148.5
168.5
132.2
116 5

76.1
65.0
109.9
150.4
168.4
127.8
109 8

77.0
65.7
108.5
149.7
171.1
129.4
112.0

78.8
68.3
111.1
151.8
170.5
126.5
107.4

81.4
70.9
111.1
155.3
172.5
127.6
109.4

85.1
76.C
110.1
154 .3
174.3
128.1
109.1

84.5
74.6
111 1
156.6
173.4
125.5
105 6

906
82.0
113.5
158.0
175.5
132.0
1160

900
79.7
113.8
157.3
175.7
130.4
1140

3.87
2.66

152.8
143.8

151.9
139.5

153.0
142.0

153.4
140.3

152.3
142.8

153.1
142.1

152.4
144.5

152.3
143.8

153.9
146.3

152.5
145.6

153.7
146.7

152.8
147.3

152.6
144.8

1.46

102.4

101.6

101.6

103.9

101.4

101.9

101.2

100.5

102.2

102.1

104.6

104.5

103.6

4.17

126.7

121.6

122.3

123.6

122.3

128.8

128.8

131.0

132.0

127.5

126.8

127.5

126.9

Jan.

Feb.

Mar.

Apr.

May

June

July

Index (1977 = 100)

MAJOR INDUSTRY
1 Mining and utilities
2 Mining
3 Utilities
4 Manufacturing
5 Nondurable
6 Durable
1
8
9
10

Mining
Metal
Coal
Oil and gas extraction
Stone and earth minerals . . .

11
12
13
14
15

Nondurable manufactures
Foods
Tobacco products
Textile mill products
Apparel products
Paper and products

16
17
18
19

Printing and publishing
Chemicals and products —
Petroleum products
Rubber and plastic
products
20 Leather and products
Durable manufactures
21 Lumber and products
22 Furniture ana fixtures
23 Clay, glass, and stone
products
24
25
26
27
28
29
30
31

Utilities
34 Electric

1*49.4
119.2

92 6
85.0

ir> 5

158.6
175.3
128.4
lit) 5

Gross value (billions of 1982 dollars, annual rates)
MAJOR MARKET
35 Products, total

1,376.8 1,736.4 1,701.6 1,718.7 1,725.2 1,710.0 1,723.0 1,720.4 1,732.5 1,741.7 1,735.9 1,774.1 1,772.4 1,778.8

36 Final
37 Consumer goods
38 Equipment
39 Intermediate

1,084.5 1,333.9 1,310.9 1,329.2 1,330.3 1,316.5 1,324.7 15320.1 1,326.6 1,334,9 1,330.3 1,360.9 1,359.9 1,359.4
703.7 866.1 860.0 865.3 868.1 857.1 862.8 855.1 863.2 866.4 856.9 876.6 879.8 881.2
380.8 467.8 450.9 463.9 462.2 459.4 461.9 465.0 463.5 468.5 473.4 484.4 480.1 478.2
292.2 402.5 390.7 389.5 394.9 393.6 398.4 400.3 405.9 406.8 405.6 413.2 412.5 419.4

128



45. Industrial production1—Continued
Monthly data are seasonally adjusted

Groups

1977
proportion

1988
1988
avg.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Index (1977 = 100)

MAJOR MARKET
1 Total index

.

100.00 137.2

134.4

134.4

134.7

135.4

136.1

136.5

138.0

138.5

138.6

139.4

139.9

140.6

5772
44.77
25.52
19.25
12.94
42.28

145 9
144.3
133.9
158.2
151.5
125.3

1427
141.1
131.2
154.3
148.1
123.0

143 4
141.6
131.3
155.3
149.4
122.1

143.6
141.8
131.2
155.9
149.9
122.5

144 1 145 0
142.5 143.5
131.9 132.7
156.5 157.7
149.6 150.4
123.6 123.9

145 3
144.0
133.0
158.5
150.0
124.5

1465
145.0
134.2
159.4
151.6
126.4

147.3
145.8
135.0
160.1
152.3
126.5

147.4
145.8
134.8
160.4
152.9
126.5

148.1
146.4
136.4
159.7
154.0
127.5

1483
146.7
136.7
159.9
154.2
128.3

1494
147.6
138.0
160,3
155.4
128.7

6.89
2.98
1.79
1.16
.63
1.19
3.91
1.24
1.19
.96
1.71

125.3
124.9
122.7
93.4
177.0
128.2
125.6
144.1
143.7
136.2
106.2

121.7
118.7
112.8
77.5
178.3
127.7
124.0
142.2
140.9
134.2
105.2

120.6
117.6
111.8
79.5
171.6
126.4
122.8
140.6
141.4
132.3
104.7

120.4
120.6
116.4
86.3
172.2
126.9
120.2
132.8
132.7
133.1
103.9

123.3
121.9
118.0
91.0
168.2
127.8
124.3
143.2
142.2
133.1
105.7

125.6
127.1
126.9
98.9
178.9
127.4
124.4
142.2
143.0
135.8
105.2

125.3
127.1
125.3
99.0
174.1
129.7
123.9
1380
137.1
135 9
107.0

125.3
124.4
120.8
93.8
170.8
129.9
125.9
143 3
143.8
1366
107.4

125.7
124.2
123.1
93.0
179.0
125.9
126.8
146.5
146.1
137.2
106.8

126.3
126.4
124.8
97.7
175.3
128.8
126.2
144.9
143.7
137.1
106.6

129.3
128.9
128.3
101.3
178.4
129.8
129.7
154.4
151.9
138.8
106.7

129.2
129.5
129.5
101.0
182.4
129.5
128.9
150.4
148.9
139.8
107.3

132.1
134.8
138.0
105.1
199.1
130.0
130.0
151.5
150.5
140.9
108.4

19 Nondurable consumer goods
20 Consumer staples
21
Consumer foods and tobacco
22
Nonfood staples
23
Consumer chemical products
24
Consumer paper products
25
Consumer energy
26
Consumer fuel .
27
Residential utilities

18.63
15.29
7.80
7.49
2.75
1.88
2.86
1.44
1.42

137.1
1449
140.9
149.0
179.9
163.3
109.9
95.4
124.8

134.7
1423
140.3
144.3
170.7
157.1
110.6
95.4
126.0

135.3
1429
140.8
145.0
171.7
157.5
111.3
97.0
125 8

135.1
142 5
139.4
145.7
172.7
159.1
111.0
97.9
1245

135.1
142 5
138.3
146.8
175.6
161.4
109.6
98.9
1205

135.4
143 1
139.2
147.0
177.9
162.5
107.3
94.3
120 6

135.8
143 5
139.3
147.9
179.5
162.4
107 7
93.0
122 6

137.5
145 3
141.1
149.6
181.8
164.0
109 3
94.6
1244

138.5
146.6
141.3
152.1
183.8
165.3
113.0
95.5
130.9

138.0
145.8
141.1
150.7
185.0
166.3
107.6
92.7
122.8

139.0
147.0
142.4
151.8
186.1
167.1
108.9
95.3
122.7

139.5
147.6
143.6
151.8
185.2
167.8
109.2
94.1
124.5

140.2
148.6
144.4
152.9
186.1
168.3
110.9
96.3

Equipment
28 Business and defense
29 Business
30
Construction, mining, and farm
31
Manufacturing
32
Power
33
Commercial.
34
Transit
,
35 Defense and space

18.01
14.34
2.09
3.27
1.27
5.22
2.49
3.67

163.3 159.2
157.5 151.2
71.9
67.1
131.3 125.4
89.5
86.2
245 .1 238.0
115.0 106.5
186.0 190.6

160.3
152.4
67.6
124.9
88.3
240.3
108.2
191.0

160.8
153.3
68.3
127.0
87.8
239.9
111.1
189.9

161.4
154.6
70.8
127.7
87.0
241.5
112.3
187.9

162.7 163.5 164.6 165.2
156.9 158.1 159.3 160.2
73.1
71.8
72.4
73.6
1283 130.3 132.4 134.0
87.4
90.9
88.3
89.8
245.7 247 1 2482 249.8
115.3 115.7 115.9 115.2
185.5 184.6 184.9 184.9

165.6
160.8
74.3
135.8
92,2
248.7
116.8
184.5

165.1
160.2
74.2
136.2
91.5
245 .4
120.3
184.0

165.5
161.2
74.5
136.6
92.1
246.8
121.9
182.5

166.2
162.0
75.2
137.1
92.3
247.3
124.5
182.3

5.95
6.99
5.67
1.31

138.7
162.5
168.6
136.4

136.8
157.8
163.1
135.0

137.7
159.4
165.0
135.3

137.3
160.7
166.6
135.3

137.6
159.9
165.7
134.6

138.8
160.3
165.5
137.8

137.6
160.6
165.9
137.5

138.4
162.8
168.6
137.6

138.1
164.4
170.6
137.7

138.4
165.2
171.8
136.7

140.0
165.9
172.3
138.2

141.0
165.4
172.7
133.7

141.4
167.2
174.1
137.6

20.50
4.92
5.94
9.64
4.64
10.10
7.53
1.52
1.55
4.46
2.57
11.69
7.57
4.12

135.5
109.0
171.7
126.7
96.1
132.0
134.4
110.0
147.1
138.3
124.9
101.4
106.3
92.5

131.8
104.7
167.4
123.7
92.9
129.9
132.7
112.6
148.0
134.2
121.8
101.4
107.3
90.6

131.4
104.4
167.6
123.0
91.4
128.1
129.9
110.2
144.4
131.5
123.0
100.6
104.8
93.0

131.3
103.5
167.3
123.4
90.5
130.1
132.4
112.7
144.8
134.8
123.2
100.6
105.0
92.6

132.7
106.2
168.9
124.0
91.6
131.1
133.3
111.9
145.8
136.2
124.6
101.0
106.7
90.5

134.8
1100
170.8
125.3
94.8
130.1
131.9
107.5
146.4
135.1
125.1
99.5
104.0
91.2

134.9
1103
171.6
124.8
93.7
130.1
132.1
107,5
145.4
135.8
124.2
101.3
105.6
93.5

136.8 136.6
110 1 109.8
174.1 173.5
127.5 127.6
98.4
97.3
132.8 133.1
135.3 135.7
108.5 110.1
150.3 148.3
139.2 140.0
125.6 125.6
102.7 103.2
106.8 106.2
95.3
97.7

137.8
111.0
174.0
129.2
100.3
132.6
134.9
109.2
148.1
139.0
125.9
101.5
106.8
91.8

138.9
111.4
174.9
130.8
101.1
134.7
137.4
109.5
148.4
143.1
126.6
101.3
106.0
92.6

139.8
113.9
175.0
131.2
101.6
135.1
137.9
110.1
147.1
144.2
126.9
102.2
108.6
90.5

139.9
113.7
174.9
131.7
101.5
136.8
139.7
109.5
149.4
146.7

2 Products
o
3 Final products . ,.
4
Consumer goods
5
Equipment
6 Intermediate products
7 Materials
Consumer goods
8 Durable consumer goods
9 Automotive products
10
Autos and trucks
11
Autos consumer
12
Trucks, consumer
13
Auto parts and allied goods
14 Home goods
15
Appliances, A/C, and TV
16
Appliances and TV
17
Carpeting and furniture
18
Miscellaneous home goods

Intermediate Products
36 Construction supplies . . .
37 Business supplies
38 General business supplies
39 Commercial energy products
Materials
40 Durable goods materials
41 Durable consumer parts
42 Equipment parts
43 Durable materials n.e.c
44
Basic metal materials
45 Nondurable goods materials
46 Textile, paper, and chemical materials . .
47
Textile materials
48
Pulp and paper materials
49
Chemical materials
50 Miscellaneous nondurable materials
51 Energy materials .
52 Primary energy
53 Converted fuel materials




102.1
108.3
90.6

129

45. Industrial production1—Continued
Monthly data are seasonally adjusted

1988

1977
proportion

1988
avg.

15.79
9.83
5.96
84.21
35.11
49.10

107.5
103.4
114.2
142.8
143.9
141.9

107.8
103.3
115.2
139.4
141.4
137.9

106.8
101.5
115.6
139.5
141.1
138.4

106.7
102.7
113.3
140.0
141.7
138.8

107.1
104.7
111.0
140.8
142.3
139.7

106.0
102.6
111.6
141.8
142.1
141.5

106.8
103.0
113.2
142.1
142.6
141.7

10
11,12
13
14

.50
1.60
7.07
.66

93.2
137.9
93.0
139.4

91.5
140.2
93.1
132.1

83.9
133.7
92 4
134.3

84.9
129.1
948
136.9

86.9
136.0
95 5
141.2

86.0
127.8
94.6
140.1

Nondurable manufactures
11 Foods . . . .
12 Tobacco products.
. ...
13 Textile mill products
14 Apparel products
1 5 Paper and products

20
21
22
23
26

7.96
.62
2.29
2.79
3.15

142.6
105.2
116.3
109.1
150.3

141.2
105.8
116.2
108.7
149.9

141.9
107.0
115.3
108.5
148.0

141.1
107.2
117.0
108.7
149.1

140.3
107.2
117.3
109.2
149.2

16
17
18
19

27
28
29

4.54
8.05
2.40

184.3
151.9
96.0

177.5
147.9
96.3

178.7
145.4
95.9

180.4
146.4
98.4

30
31

2.80
.53

174.5
59.7

170.5
58.3

172.3
59.7

24
25

2.30
1.27

137.3
162.2

136.3
158.0

32

2.72

122.6

33
Primary metals
331,2
Iron and steel
34
Fabricated metal products . .
Nonelectrical machinery
35
Electrical machinery
36
Transportation equipment . .
37
371
Motor vehicles and parts .
Aerospace and
miscellaneous
transportation
equipment
372-6,9
32 Instruments
38
33 Miscellaneous
manufactures
39

5.33
3.49
6.46
9.54
7.15
9.13
5.25

Groups

SIC
code

Jan.

Apr.

Aug.

Sept.

Oct.

Nov. I Dec.

108.1
104.3
114.4
143.6
144.6
142.9

mo

103.8
317.8
K4.0
145.1
143.2

107.2
103.7
113.0
144.4
145.3
143.8

107.2
103.1
113.9
145.3
146.3
144.6

107.7
104.5
113.1
145.9
146.7
145.2

82.2
126.9
95.8
137.4

94.0
141.5
93.3
140.2

96.6
137.2
93 2
141.3

99.1
142.2
92.0
139.7

101.6
138.5
91.5
142.8

102.7
•••
149.7 155.1
90,8 89.4
142.6 144.7

141.0
107.2
114.6
108.6
149.5

141.3
104.5
114.3
109.3
148.6

143.3
100.6
117.1
109.4
152.3

143.3
105.1
116.4
108.9

1.1: .0

143.2
105.0
116.2
109.9
150.9

144.0
105.4
117.0
109.5
151.8

145.3 145.9
106.6
•••
117.2 117.2
110.1
150.7 152.6

181.8
148.9
98.5

180.7
149.1
95.2

182.3
150.5
94.1

184.9
153.4
95.0

186.7
15 $-.8
96.0

188.0
155.3
93.7

188.1
156.7
96.3

188.8 ms
157.3
95.0

1158.1
98.1

172.2
59.5

172.3
58.0

173.4
57.1

174.4
58.9

175.4
59.1

175.3
59.4

175.3
59.9

176.9
61.0

177.5
61.9

379.0
62.5

139.0
158.3

137.8
159.4

138.0
159.2

139.8
160.5

136.4
161.2

136.6
162.9

133.8
164.9

133.5
164.9

137.5
164.5

139.6 141.7
165.4 166.6

120.4

121.6

122.5

121.4

121.5

123.4

122.2

122.6

122.6

123.3

124.7 125.1

89.4
78.3
121.0
170.6
180.2
132.1
117.3

86.5
77.8
117.1
162.9
177.4
128.6
109.7

86.4
77.4
117.6
163.6
177.8
128.4
109.3

85.1
742
118.8
164.6
176.6
130.0
113.0

85.3
74 5
118.8
167.2
178.7
130.4
114.8

89.2
78 6
119.8
170.3
179.1
133.1
119.6

87.5
742
120.4
171.2
179.5
132.8
119.1

91.5
80.2
121.7
173.1
181.5
131.9
116.6

90,8
78 9
122.1
174.1
182.2
131.8
117.5

93.1
81 4
122.5
174.8
181.8
132.7
118.5

94.2
83 1
122.6
173.8
183.0
134.8
121.7

93.2
81.3
124.6
175.3
182.2
135.1
122.9

3.87
2.66

152.3
154.3

154.2
148.2

154.5
149.2

153.0
149.7

151.5
150.5

151.5
151.3

151.4
153.0

152.7
156.4

151.3
156.3

151.9
157.8

152.7
159.9

151.7 151.1
160.0 159.5

1.46

107.0

105.0

104.4

105.1

105.9

106.0

107.6

107.8

108,3

108.5

107.7

109.0 109.7

4.17

132.0

130.3

130.7

129.0

127.6

129.7

132.1

134.6

138,8

132.2

132.8

131.5 132.6

Feb.

Mar.

May

June

July

Index (1977 = 100)

MAJOR INDUSTRY
1 Mining and utilities
2 Mining
3 Utilities
,
4 Manufacturing
5 Nondurable
6 Durable . .
7
8
9
10

Mining
Metal.
Coal
Oil and gas extraction
Stone and earth minerals . . .

Printing and publishing
Chemicals and products ....
Petroleum products
Rubber and plastic
products
20 Leather and products
Durable manufactures
21 Lumber and products . . .
22 Furniture and fixtures
23 Clay, glass, and stone
products
24
25
26
27
28
29
30
31

Utilities
34 Electric

108.2
104.5
114.1
146.6
147.6
146.0

92.0
79.8
125.3
176.4
182.7
137.0
126.6

Gross value (billions of 1982 dollars, annual rates)
MAJOR MARKET
35 Products, total

1,376.8 1,824.5 1,790.6 1,797.5 1,807.5 1,812.2 1,820.1 1,813.9 1,822.3 1,828.6 1,828.9 1,853.4 1,855.5 1,875.3

36 Final
37 Consumer goods
38 Equipment
39 Intermediate

1,084.5 1,401.2 1,375.5 1,381.1 1,385.9 1,393.9 1,397.1 1,394.3 1,398.9 1,404.2 1,404.3 1,423.5 1,426.3 1,442.1
703.7 902.4 893.6 893.7 893.2 899.1 898.9 893.6 895.6 900.4 897.2 915.0 918.4 934.4
380.8 498.8 481.9 487.3 492.7 494.7 498.3 500.7 503.2 503.3 507.1 508.4 507.9 507.7
292.2 423.5 415.1 416.5 421.6 418.4 423.0 419.6 423.4 424.3 424.5 430.0 429.3 433.2

130



46. Housing and construction
Monthly figures are at seasonally adjusted annual rates except as noted
1987

Item

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Private residential real estate activity (thousands of units)
NEW UNITS
1 Permits authorized .
2 1-family
3 2-or-more-family.

1,692
1,097
595

1,688
1,201
487

1,682
1,124
558

1,596
1,053
543

1,504
1,008
496

1,539
1,022
517

1,510
994
516

1,514
1,014
500

1,501
983
518

1,453
962
491

1,459
971
488

1,372
957
415

4 Started
5 1-family
6 2-or-more-farnily.

1,840
1,269
571

1,787 1,715
1,273 1,187
514
528

1,622
1,197
425

1,607
1,131
476

1,583
1,083
500

1,592
1,147
445

1,587
1,111

1,685
1,225

476

460

1,535
1,097
438

1,659
1,121
538

1,391
1,036
355

7 Under construction, end of period1
8 1-family
9 2-or-more-family

1,092
612
480

1,099
620
479

1,088
623
465

1,077
626
451

1,069
627
442

1,059
621
438

1,051
621
430

1,043
620
423

1,047
628
419

1,042
626
416

1,041
626
415

1,018
619
399

1,884
1,172
712

1,774
1,144
630

1,694
1,143
551

1,783
1,175
608

1,681
1,172
509

1,625
1,108
,517

1,677
1,116
561

1,631
1,079
552

1,584
1,097
487

1,567
1,116
451

1,591
1,097
494

1,617
1,103
514

13 Mobile homes shipped

239

235

233

229

226

233

244

234

236

235

226

220

Merchant builder activity in 1-family
units
14 Number sold
15 Number for sale, end of period1

714
356

729
358

713
358

722
359

651
355

634
359

668
359

671
361

656
362

652
360

633
362

596
365

98.5

95.2

98.4

96.5

104.9

109.0

105.0

106.8

106.5

106.5

117.0

111.8

122.1

121.3

119.5

118.1

126.6

135.8

128.6

128.5

133.5

125.8

139.2

136.2

18 Number sold

3,580

3,740

3,740

3,590

3,720

3,550

3,480

3,390

3,420

3,470

3,370

3,260

Price of units sold (thousands of
dollars)2
19 Median
20 Average

82.9
101.1

85.6
105.0

85.2
104.0

86.0
106.2

86.0
107.5

85.9
107.1

88.3
109.8

86.5
107.0

85.5
106.9

84.6
106.1

85.0
106.6

85.4
107.1

10 Completed
11 1-family
12 2-or-more-family.

Price (thousands of dollars)2
Median
16 Units sold
B
Average
17 Units sold
EXISTING UNITS (1-family)

Value of new construction (millions of dollars)3
CONSTRUCTION
21 Total put in place.

389,769 393,749 394,254 396,304 397,861 392,589 398,925 398,267 405,375 400,818 407,066 410,870

22 Private
23 Residential
24 Nonresidential, total
Buildings
25
Industrial...,
26
Commercial ,
27
Other
,
28
Public utilities and other.

315,690 319,483 319,573 321,462 322,647 319,541 323,336 325,664 327,131 325,915 331,497 331,641
192,941 193,347 196,366 197,168 195,790 193,506 193,659 193,117 194,801 194,547 195,599 195,822
122,749 126,136 123,207 124,294 126,857 126,035 129,677 132,547 132,330 131,368 135,898 135,819

29 Public
30 Military
e
31 Highway
32 Conservation and development.
33 Other




12,846
51,827
14,708
43,368

12,750 12,345
54,490 53,005
14,673 14,982
44,223 42,875

12,115 13,584
53,468 55,218
14,993 14,863
43,718 43,192

13,843
54,007
14,893
43,292

13,929
55,779
15,527
44,442

14,312
57,839
15,227
45,169

15,332
56,531
15,497
44,970

13,968
56,890
16,018
44,492

14,512
59,374
16,692
45,320

14,130
55,831
17,708
48,150

74,078
4,066
22,654
5,152
42,206

74,266
2,771
22,524
4,966
44,005

74,842
3,368
22,012
5,452
44,010

73,049
4,318
21,374
5,488
41,869

75,589
4,974
22,233
5,343
43,039

72,603
4,158
21,783
5,137
41,525

78,244
6,048
23,145
5,023
44,028

74,903
4,010
24,374
5,144
41,375

75,569
5,080
23,439
4,871
42,179

79,228
4,879
25,274
5,759
43,316

74,681
3,858
22,772
4,735
43,316

75,215
4,362
22,010
4,935
43,908

131

46. Housing and construction—Continued
Monthly figures are at seasonally adjusted annual rates except as noted
1988

Item

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov. I Dec.

Private residential real estate activity (thousand^ of units)
NEW UNITS

1,566

1 Permits authorized .
2 1-family
3 2-or-more-family.

1,248
918
330

1,429
1,003
426

1,476
1,030
446

1,449
960
489

1,436
982
454

1,493
1,002
491

1,420
984
436

1,464
1,022
442

1,394
974
420

15516
1,027
489

1,516
1,046
470

1,082
484

4 Started
5 1-family
6 2-or-more-family.

1,391
1,021
370

1,511
1,095
416

1,528
1,169
359

1,576
1,087
489

1,392
1,001
391

1,463
1,088
375

1,478
1,067
411

1,459
1,076

1,532
1,136
396

1,567
1,138
429

1,577
1,141

383

1,463
1,039
424

7 Under construction, end of period ...
8 1-family
9 2-or-more-family

1,009
615
394

981
595
386

998
617
381

999
621
378

985
610
375

979
608
371

973
605
368

962
601
361

955
596
359

951
597
354

959
603
356

956
603
353

1,553
1,091
462

1,449
1,038
411

1,602
1,100
502

1,661
1,058
603

1,461
1,096
365

1,517
1,105
412

1,528
1,077
451

1,539
1,074
465

1,536
1,092
444

1,516
1,088
428

1,429
1,037
392

1,539
1,108
431

13 Mobile homes shipped .

200

212

213

215

221

227

207

223

224

216

227

225

Merchant builder activity in 1-f amity
units
15 Number sold
.........................
,
15 Number for sale, end of period1 ......

576
367

656
359

665
372

677
367

679
370

716
367

701
365

712
363

691
361

718
353

650
364

669
366

10 Completed
11 1-family
12 2-or-more-family.

Price (thousands of dollars fMedian
16 Units sold
Average
17 Units sold

436

119.0

110.9

108.9

111.0

110.0

111.5

118.0

110.0

116.6

112.9

110.4

121.0

144.4

137.6

133.2

135.6

133.5

136.5

141.3

140.6

142.7

137.3

137.3

147.7

18 Number sold

3,200

3,320

3,380

3,510

3,620

3,800

3,650

3,690

3,650

3,680

3,710

3,920

Price of units sold (thousands of
dollars)2
19 Median
20 Average

88.1
109.5

88.9
110.9

88.9
111.6

88.0
109.6

89.6
113.3

90.2
115.4

90.7
114.7

91.5
115.4

88.5
112.6

88.9
112.3

88.5
112.4

88.7
112.0

EXISTING UNITS (1-family)

Value of new construction (millions of dollars)3
CONSTRUCTION
21 Total put in place.

395,264 392,456 403,555 396,238 398,473 395,714 404,164 403,172 406,906 407,697 411,517 420,999

22 Private
23 Residential
24 Nonresidential, total
Buildings
25
Industrial
26
Commercial
27
Other
28
Public utilities and other.

321,550 317,754 324,257 318,515 320,194 317,708 324,658 326,763 327,164 330,735 332,279 335,641
195,168 192,097 195,554 192,026 190,374 188,071 194,215 195,393 196,945 199,971 200,601 201,738
126,382 125,657 128,703 126,489 129,820 129,637 130,443 131,370 130,219 130,764 131,678 133,903

29 Public
30 Military
31 Highway
32 Conservation and development.
33 Other

132



13,480
53,555
16,954
42,393

13,489 14,546 13,849
53,571 54,843 56,169
17,101 17,301 16,382
41,496 42,013 40,089

13,907
57,447
16,847
41,619

13,676
56,585
16,757
42,619

13,928 1 , 0
406
56,687 56,404
16,166 16,613
43,662 44,347

13,546
55,815
16,600
44,258

15,275 15,957 14,949
54,525 53,806 55,889
17,127 16,798 17,177
43,837 45,117 45,888

73,715
4,172
24,808
4,038
40,697

74,702
3,280
25,348
4,535
41,539

78,278
3,547
25,254
4,460
45,017

78,007
4,844
24,822
4,596
43,745

79,506
4,350
27,673
4,861
42,622

79,742
4,897
23,841
5,045
45,959

76,963
2,718
25,958
4,339
43,948

79,298
4,216
26,963
4,899
43,220

77,723
3,872
26,912
4,226
42,713

76S409
33984
23,491
4,793
44S141

79,238
3,521
26,433
3,630
45,654

85,358
4,006
30,955
4,369
46,028

47. Consumer and producer prices
Percentage changes based on seasonally adjusted data, except as noted

1984
Change from 12 months earlier
Item

Index level1

Change from 3 months earlier (at annual rate)

1984 Dec.

1983 Dec.

Ql

|

Q3

Q2

Q4

CONSUMER PRICED (1982 - 84 = 100)
1 All items

3.8

3.9

6.1

3.1

3.9

3.1

105.3

2 Food
3 Energy items
<,....
4 All items less food and energy
5 Commodities . ,
6 Services

2.7
-.5
4.8
5.0
4.8

3.8
.2
4.7
3.1
5.6

9.5
5.7
5.6
2.4
6.5

.8
-2.3
5.1
4.7
5.1

2.7

5.1
3.9
5.9

2.7
-2.0
3.8
1.5
5.0

104.0
99.8
106.7
105.9
107.0

7 Finished goods
8 Consumer foods
9 Consumer energy
10 Other consumer goods
11 Capital equipment

.6
2.3
-9.2
1.9
2.0

1.7
3.5
-4.2
2.2
1.8

6.0
16.1
-2.6
4.3
3.1

.0
-6.3
5.3
.8
2.3

.0
3.9
-20.1
2.7
2.7

.8
.4
2.3
1.1
-1.1

104.0
105.5
89.4
106.6
105.8

12 Intermediate materials3 .
13 Excluding eneruy

1.4
2.9

1.7
2.1

4.8
5.1

2.4
1.5

-1.2
.8

.8
1.1

103.1
105.1

14.0
-1.6
13.6

-17.5
4.2
-2.4

.8
.4
-12.0

PRODUCER PRICES (1982 = 100)

14
15
16

Crude materials
Foods
Energy
Other

-1.2
-1.2
-3.4

7.9
-4.7
15.5

102.1
96.5
106.6

-2.3
-7.5
-11.1

Change from 1 month earlier

Jan.

Feb.

Mar.

A ?r.

May

June

July

Aug.

Sejpt.

Oct.

Nov.

Dec.

.7

.5

.3

.4

.2

.2

.4

.3

.3

.4

.2

.2

1.4
.2
.7
.2
.7

.7
1.2
.3
.1
.5

.2
.0
.4
.3
A

.0
.3
.5
.5
.5

-.2
-.1
.4
.4
.3

.4
-.8
.4
.3
.5

.2
-.3
.5
.4
.6

.6
-.4
.4
.4
.4

.1
.5
.4
.2
.5

.2
.5
.4
.2
.5

.1
-.3
.2
.1
.4

.4
-.7
.4
.1
.4

.7
2.4
-.8
.4
.3

.4
.5
1.0
.1
.4

.4
.9
-.9
.6
.1

.1
-.9
2.1
-.2
.7

-.1
-.5
.1
.3
-.2

.0
-.2
-.9
.1
.1

.2
1.3
-2.1
.2
.3

-.2
-.1
-2.2
.3
.1

.0
.3
-1 .2
.2
.3

-.2
-.3
1.0
-.3
-.3

.4
.4
.4
.3
.2

.0
.0
-.9
.3
-.2

.2
.3

A
A

.6
.6

.2
.1

.2
.1

.2
.2

.1
.1

-.1
.2

.1
.1

.1
.1

.2
.2

-.1
.0

1.8
.4
.3

-2.2
.0
2.1

3.7
-.8
.9

-1.3
.4
.3

-1.6
.4
.5

-1.9
.2
-1.4

1.8
.3
-1.8

-1.1
.6
-2.1

.5
.8
.8

-1.9
-.2
-1.8

1.8
-1.1
-.7

-.4
-.6
-.4

CONSUMER PRICES^- (1982 ~ 84 = 100)
1 All items
2 Food
3 Energy items
4 All items less food and energy
5 Commodities
6 Services
PRODUCER PRICKS (1982 = 100)
7 Finished goods
8 Consumer foods
9 Consumer energy
10 Other consumer goods
11 Capital equipment
12 Intermediate materials3
13 Excluding energy
14
15
16

Crude materials
Foods
Energy
Other




133

47. Consumer and producer prices—Continued
Percentage changes based on seasonally adjusted data, except as noted
1985

Change from 12 months earlier
1984 Dec.

Index level1

Change from 3 months earlier (at annual rate)

Item
1985 Dec.

Q3

Q2

Ql

04

CONSUMER PRICES2 (1982 - 84 = 100)
1 All items

3.9

3.8

4.6

3.4

1.9

5.3

1093

2 Food
3 Energy items .
4 AJ1 items less food and energy
5 Commodities
6 Services ....

3.8
.2
4.7
3.1
5.6

2.6
1.8
4.3
2.2
5.7

3.9
4.5
5.0
4.6
5.3

.0
5.6
3.8
.0
6.0

1.1
-5.0
3.3
.8
4.8

5.8
2.8
5.2
3.4
6.6

106,7
101.6
111.3
108,2
113.1

1.7
3.5
-4.2
2.2
1.8

1.8
.6
-.2
2.6
2.7

.8
-.4
-18.8
5.0
5.8

1.5
-7.0
22.6
2.2
1.9

-3.0
-4.2
-10.4
-.7
-1.1

8.3
14.8
14.2
4.1
4.9

105.9
106.1
89.2
109.4
108.7

1.7
2.1

-.1
-.1

-1.9
-.4

.8
1.1

-1.5
= 1.1

2.0
.0

103.0
105.0

=6.4
=4.9
-4.3

-17.7
-13.4
= 1.1

= 18.9
4.4
-12.1

=19.8
=5.8
=1.2

41.6
=3.8
-3.1

95.6
91.8
102.0

PRODUCER PRICES (1982 = 100)
7 Finished goods
8 Consumer foods
9 Consumer energy
10 Other consumer goods
11 Capital equipment

....

12 Intermediate materials3
13 Excluding energy
14
15
16

Crude materials
Foods
Energy .
Other

-1.2
-1.2
-3.4

Change from ] month earlier
A 3r.

May

June

July

Aug.

Se pt.

Oct.

Nov.

Dec.

.5

.4

.2

.3

.2

.1

.2

.4

.6

.4

3
1.9
.4
.2
.5

- 1
1.3
.3
.1
.4

1
.4
.3
-.1
.6

.2
-.3
.4
.0
.5

.0
= .1
.3
-.1
.5

.1
-1.0
.4
.2
.5

.2
-.2
.2
.1
.2

.0
.0
.5
.5
.6

.7
A
.5
.3
.6

.8
.3
.3
.1
.4

.2
.7
-2.3
.3
.7

.0
6
= .7
4
.2

.4
-.7
<5.2
-.2
.0

.3
-1.0
2.9
.3
.3

=.3
-.2
=3.7
.5
.2

.1
.7
-1.8
.2
.1

-.2
-.5
-1.0
.1
.2

-.7
-1.3
.1
-.5
-.6

1.0
1.4
.6
.7
.9

.6
1.3
.9
.2
.2

.5
.8
1.8
.1
,1

-.1
-.1

-.3
.1

-.1
-.1

.4
.0

.3
.1

= .5
.2

-.3
-.2

-.1
.0

.0
-.1

.0
-.1

.2
-.1

.3
.2

-1.6
=2.1
.1

-.7
-.4
-=.2

=2.6
-1.1

-;1.2

-2.4
1.5
-2.0

= .5
-=.8
-1.6

3
-.2
.6

-3.1
-1.3
-.7

-2.0
.0
-.2

5.0
.0
.4

4.0
-.8
-.7

-.1
-.2
=-.5

Feb.

Mar.

.2

.5

.2
-.4
.3
.4
.4

.5
-.4
.6
.6
.5

.0
-.2
=2.1
.6
.6

Jan.

CONSUMER PRICES* (1982 - 84 = 100)
1 All items
2 Food
3 Energy items
4 All items less food and energy
5 Commodities
6 Services
PRODUCER PRICES (1982 = 100)
7 Finished goods
8 Consumer foods ....
9 Consumer energy
10 Other consumer goods .
11 Capital equipment
12 Intermediate materials3
13 Excluding energy
14
15
16

Crude materials
Foods
Energy
Other

134



....

— 2

.4
.4

47. Consumer and producer prices—Continued
Percentage changes based on seasonally adjusted data, except as noted

1986

Change from 12 months earlier
Item

Index level1

Change from 3 months earlier (at annual rate)

1985 Dec.

Q2

Ql

1986 Dec.

Q3

Q4

CONSUMER PRici.s2 (1982 - 84 = 100)
1 All items

3.8

1.1

-1.5

1.1

2.2

2.6

110.5

2 Food
3 Energy items
4 All items less food and energy
5 Commodities
6 Services

2.6
1.8
4.3
2.2
5.7

3.8
19 7
3.8
1.4
5.2

.7
-32.1
4.0
.4
6.5

3.0
-14.3
3.2
.0
5.0

7.6
-19.9
3.9
3.0
4.2

4.0
-10.0
4.3
2.2
5.2

110.8
81.6
115.5
109.7
119.0

7 Finished goods . .
8 Consumer foods
9 Consumer energy
10 Other consumer goods
11 Capital equipment

1.8
.6
-.2
2.6
2.7

-2.3
2.8
-38.1
3.0
2.1

-10.5
-4.4
-62.6
2.6
.7

.0
4.3
-28.5
3.3
3.0

-.8
10.6
-38.8
1.1
1.5

2.4
1.5
-10.2
4.8
2.9

103.5
109.1
55.2
112.7
111.0

12 Intermediate materials3
13 Excluding energy

-.1
-.1

-4.5
.1

-10.8
-1.1

-5.5
-.8

-1.2
1.5

-.4
.4

98.4
105.1

-1.5
-27.6
1.8

-18.5
-51.3
5.6

-4.3
-29.0
3.5

21.5
-19.9
-16.1

-.8
= .6
16.0

94.2
66.5
103.8

PRODUCER PRICES (1982 = 100)

14
15
16

Crude materials
Foods
Energy
Other

-6.4
-4.9
-4.3

Change from 1 month earlier

Jan.

Feb.

Mar.

1-^pr. | May | June

July

Aug. | Sept.

Oct.

>fov.

Dec.

CONSUMER PRICED (1982 - 84 = 100)
1 All items

.4

-.3

-.5

-.3

.2

.4

.1

.1

.4

.2

.3

.2

2 Food
3 Energy items
4 All items less food and energy
5 Commodities
6 Services

.2
.2
.4
.3
.5

-.4
-3.3
.3
-.1
.4

.4
-6.3
.3
-.1
.6

.2
-5.5
.4
-.3
.6

.4
.3
.2
.2
.2

.2
1.5
.3
.1
A

.7
-3.7
.4
.3
.3

,8
-2.4
.4
.3
.3

.3
.7
.3
.2
.3

.3
-1.9
.4
.1
.6

.5
-.8
.3
.3
.4

.3
.1
.3
.2
.3

-.3
-.2
-2.1
.1
-.1

-1.2
-.9
-9.4
.3
.2

-1.2
.0
-11.8
.3
.1

-.7
.1
-9.2
A
.4

.5
1.0
1.3
.2
.1

.2
-.1
.0
.3
.3

-.8
1.4
-14.2
,2
.1

.4
1.8
-.5
.0
.1

.2
-.6
3.7
.1
.2

.5
.9
-3.2
1.0
.5

.1
-.1
-.7
.1
.3

.0
-.5
1.3
.1
.0

-.4
-.3

-1.2
.0

13
.0

-1.0
-.2

-.3
-.1

-.1
.1

-.7
.1

-.1
.1

.5
.2

-.2
.0

.0
.1

.1
.0

-2.4
-.4
1.1

-2.1
-9.5
-.2

5
-7.3
.5

-2.6
-6.1
.1

2.6
-1.1
.1

-1.0
-1.1
.7

3.4
-6.3
.5

2.7
-1.7
-5,6

-1.1
2.6
.9

1.2
.2
1.6

.2
.5
.9

-1.6
.7
1.3

PRODUCER PRICES (1982 = 100)
7 Finished goods
8 Consumer foods
9 Consumer energy
10 Other consumer goods
11 Capital equipment
12 Intermediate materials'*
13 Excluding energy
...
14
15
16

Crude materials
Foods
Energy
Other
.




...

135

47. Consumer and producer prices—Continued
Percentage changes based on seasonally adjusted data, except as noted

1987

Change from 12 months earlier

1986 Dec.

Index level1

Change from 3 months earlier (at annual rate)

Item

1987 Dec.

Q4

Q3

Q2

Ql

CONSUMER PRICES2 (1982 - 84 = 100)
1.1

4.4

6.3

4.3

3.6

3.5

US.4

3.8
-19.7
3.8
1.4
5.2

3.5
8.2
4.2
3.5
4.5

4.0
27,3
4.6
4.5
4.8

5.8
6.1
3.8
4.0
4.0

.7
6.0
4.1
2.9
4.7

3.5
=4.4
4.1
2.5
5.0

114.7
88.3
120.4
113.5
124.4

7 Finished goods . .
8 Consumer foods
9 Consumer energy
10 Other consumer goods
1 1 Capital equipment

-2.3
2.8
-38.1
3.0
2.1

2.2

2*.7
1.3

5.1
-2.2
61.2
2.1
1.1

2.7
7.2
-4.4
2.9
1.4

3.1
-1.8
13.7
3.6
3.3

=1.9
-3.9
= 13.7
2.1
_7

105.8
108.9
61.4
115.7
112.4

12 Intermediate materials3
13 Excluding energy

-4.5
.1

5.4
5.2

7.5
3.9

4.9
4.6

5.2
5.3

4.4
7.2

103.7
110.6

-1.5
-27.6
1.8

1.8
10.7
22.6

-2.9
50.0
10.0

17.7
11.3
26.7

-2.0
5.9
39.4

-1.2
-15.2
16.9

95.9
73.6
127.3

1 AH items
2 Food
3 Energy items
4 All items less food and energy
5 Commodities
6 Services
PRODUCER PRICES (1982 = 100)

14
15
16

Crude materials
Foods
Energy . . .
Other

Change from : month earlier

Jan.

Feb.

Mar.

A >r.

May

June

July

Aug.

Se pt.

Oct.

N ov.

Dec.

.7

.4

.4

.4

.4

.3

.3

.4

.2

.3

.3

.2

.6
3.3
.4
.5
.4

.2
2.2
.3
.0
.4

.2
.6
.4
.5
.3

.3
.3
.4
.5
.5

.5
.1
.3
.5
.2

.6
1.0
.2
.1
.2

— 3
3
.2
.4

.0
1.4
.4
.3
.5

.4
.1
.3
.3
.2

.2
-.9
.5
.4
.6

.2
.4
.3
.4
.3

.5
=.7
.2
.1
.3

.6
-1.0
7.2
.4
.4

.5
.6
3.5
-.1
-.2

.2
-.2
1.5
.3
.1

.5
1.0
-.3
.4
.3

.1
.9
-1.8
.2
.1

.1
-.2
1.0
.2
.0

.2
-.3
1.0
.2
.1

.1
-.7
1.6
.3
.3

5
.5
6
.4
4

-2
-.1
14
.1
4

.0
.2
1.4
.1
.1

-.3
-1.1
-.8
.3
.1

.9
.4

.7
.4

.2
.2

.3
.3

.4
.4

.5
.5

.5
.4

.5
.5

.3
.5

.5
.7

.4
.5

.2
.5

-2.1
8.4
1.3

.9
1.1
.6

.5
1.0
.5

3.8
.7
.9

2.1
.5
2.1

-1.7
1.5
2.9

-.8
2.9
2.5

.0
1.4
2.6

.3
-2 .8
3.4

.0
-1.7
3.1

1.2
-.9
.6

.9
-1.5
.3

2

CONSUMER PRICES (1982 - 84 ^ 100)
1 All items
2 Food
3 Energy items
4 All items less food and energy
5 Commodities
6 Services ....
PRODUCER PRICES (1982 = 100)
7 Finished goods .
8 Consumer foods
9 Consumer energy
10 Other consumer goods
11 Capital equipment
12 Intermediate materials3
13 Excluding energy
14
15
16

Crude materials
Foods
Energy
Other

136



47. Consumer and producer prices—Continued
Percentage changes based on seasonally adjusted data, except as noted

1988
Change from 12 months earlier

Index level1

Change from 3 months earlier (at annual rate)

Item

1988 Dec.

1987 Dec.

Q2

Ql

Q4

Q3

2

CONSUMER PRICES (1982 - 84 = 100)
1 All items

4.4

4.4

3.9

4.9

4.8

4.1

120.5

2 Food
3 Energy items
4 All items less food and energy
5 Commodities
6 Services

3.5
8.2
4.2
3.5
4.5

5.2
.5
4.7
4.0
5.0

2.5
-4.0
5.4
4.7
5.6

6.4
3.7
4.3
3.9
4.5

8.8
2.7
4.3
3.1
4.8

3.0
-.4
4.9
4.2
5.4

120.7
88.7
126.0
118,0
130.6

2.2
-.2
11.2
2.7
1.3

4.0
5.7
-3.4
4.8
3.5

4.2
6.8
-7.0
5.3
3.6

3.0
5.5
-5.2
3.5
2.9

5.7
9.2
-2.7
5.9
6.1

3.0
2.1
2.1
4.4
1.4

110.0
115.1
59.3
121.2
116.3

5.4
5.2

5.4
7.2

5.1
8.2

7.4
6.9

4.6
7.2

4.5
6.7

109.3
118.6

1.8
10.7
22.6

14.2
-9.4
6.0

18.5
-24.1
17.3

21.3
7.8
-6.5

29.1
27.0

-7.9
13.0
5.8

109.5
66.7
134.9

PRODUCER PRICES (1982 = 100)
7 Finished goods
8 Consumer foods
9 Consumer energy
10 Other consumer goods
11 Capital equipment
12 Intermediate materials3
13 Excluding energy
14
15
16

Crude materials
Foods
„
Energy
„
Other
„

8.5

Change from 1 month earlier

Feb.

Mar.

A jr.

May

June

July

| Aug.

3t.
Sej

.4

.2

.3

.4

.4

.3

.4

.3

.3
-.5
.5
.4
.6

-.2
-.3
.3
.1
.4

.4
-.2
.5
.7
.4

.5
.6
.4
.4
.3

.4
.6
.3
.3
.4

.6
-.2
.3
.2
.4

.9
.2
.3
.3
.4

.5
.7
.2
-.2
.5

.7
1.5
-1.5
.6
.5

.0
-.4
-.3
.3
.3

.4
.5
.0
.3
.1

.3
.0
2.0
.1
.2

.3
.5
-.7
.4
.3

.2
.8
-2.6
.3
.3

.6
.7
1.2
.6
.3

.6
1.1

.3
.4

.4
.5

.7
.6

.6
.6

.6
.4

1.1
-3.8
1.6

2.2
-.6
1.4

.9
-2.4
1.1

.3
2.8
-.6

.6
1.1
-1.3

4.0
-2.0
.2

Jan.

Oct.

Nov.

Dec.

.4

.4

.3

.3

.7
.2
.5
.7
.3

.2
-.1
.5
.5
.5

.2
.3
.3
.3
.4

.3
-.3
.4
.3
.5

.3
.6
1.0
.4
.4

.6
.9
.8
.4
.9

.1
.1
.0
.2
-.1

.3
.3
.8
.2
.2

.4
.1
-.3
.7
.3

.4
.7

.4
.5

.4
.5

.1
.4

.5
.7

.6
.5

2.1
-3.9
1.8

2.4
-1.8
.8

2 .0
-2 .1
.5

.3
-2.2
.2

-4.1
-.6
1.6

1.8
6.0
-.4

CONSUMER PRICES2 (1982 - 84 = 100)
1 All items
2 Food
3 Energy items
4 All items less food and energy
5 Commodities
6 Services
PRODUCER PRICES (1982 = 100)
7 Finished goods
8 Consumer foods
9 Consumer energy
10 Other consumer goods
11 Capital equipment
12 Intermediate materials^ ..
13 Excluding energy
14
15
16

Crude materials
Foods
. .
Energy
Other




137

48. Summary of U.S. international transactions
Millions of dollars, quarterly figures are seasonally adjusted except as noted1
1987

Item credits or debits

1987

1988

Q2

Ql

1988

Q4

Q3

Q2

Ql

Q3

Q4

-39,912 -30,641 =32,046 -33,485 =32,340 -28,677
-44,367 -29,859 -29,556 -33,875 =36,926 -28,191

1 Balance on current account
2 Not seasonally adjusted

-143,700 -126,548 -34,327 -38,820
-30,025 -39,454

3
4
5
6
7
8

-159,500 -127,215 -38,661 -39,819 -40,606 -40,414 --33,446 -31,411 -30339 -32,019
64,297 68,699 76,447 78,471 80,604 83,729
250,266 319,251 57,255
60,015
-409,766 -446,466 -95,916 -99,834 -104,903 -109,113 -IOS',893 -=109,882 -110,943 -115,748
--964 -1,033 -1,006 = 1,604
-2,857 -4,606
-210
»1,031 -1,440
-176
1,674
5,362
13,058
1,795 =2,465 -2,590
22,283
2,227
2,190
4,489
4,323
2,284
2,741
2,933
4,971
2,285
5,475
10,586
17,702
3,276

Merchandise trade balance^
Merchandise exports
Merchandise imports
Military transactions net
Investment income, net3
Other service transactions net

9
10

Remittances, pensions, and other transfers
U.S. government grants (excluding military) —

-4,063 -4,279
-10,149 -10,377

-1,034
-2,103

-1,021
-2,244

-1,031
-2,194

-977
-3,609

-0,131
=2,233

-971
1,928

= 1,088
=2,288

-1,090
-3,928

308

843

-1,490

»885

1,961

3,413

11 Change in U.S. government assets other than
official reserve assets, net (increase, -)...

997

2,999

40

12 Change in official reserve assets (increase, —).
13 Gofd
14 Special drawing rights (SDKs)

9,149
0
-509

-3,566
0
474

1,956
0
76

3,419
0
-171

32
0
-210

3,741
0
-205

1,503
0
155

39
0
180

=7,380
0
-•35

2,272
0
173

2,070
7,588

1,025
-5,064

606
1,274

335
3,255

407
-165

722
3,225

446
901

69
-=210

202
-7,547

307
1,791

-86,363 -81,543
6,763 -25,856 -26,316 -40,955
-42,119 -54,481 20,237 -22,873 -16,860 -22,623
3,442
2,197
322
5,201 -1,684
-760
-1,159 -2,056
-287
-5,251 -7,846 -1,749
-44,194 -17,533 -=10,965 -6,138 -8,619 -18,473

4,528
15,266
»65
-1,539
-6,134

20,070
19,120
656
238
-205
261

24,631
27,702
-162

15

Reserve position in International
Monetary Fund
Foreign currencies

16

Change in U.S. private assets abroad
(increase, -)3
Bank-reported claims
Nonbank-reported claims.
U.S. purchases of foreign securities, net.
U.S. direct investments abroad, net3
22 Change in foreign official assets in the
United States (increase, +)
23 U.S. Treasury securities.
24 Other U.S. government obligations.
25 Other U.S. government liabilities4
26 Other U.S. liabilities reported by U.S. banks .
27 Other foreign official assets5
28 Change in foreign private assets3 in the
United States (increase, +)
29 U.S. bank-reported liabilities
U.S. nonbank-reported liabilities
Foreign private purchases of U.S.
Treasury securities, net
Foreign purchases of other U.S.
securities, net
Foreign direct investments in
United States, net3
34 Allocation of SDRs
35 Discrepancy
36 Owing to seasonal adjustments
37 Statistical discrepancy in recorded data
before seasonal adjustment
MEMO
Changes in official assets
U.S. official reserve assets (increase, — ) . . .
Foreign official assets in the United States
excluding line 25 (increase, +)
40 Change in OPEC official assets in the
United States (part of line 22)
41 Transfers under military grant programs
(excluded from lines 4, 6, and 10)
38
39

138



-195

45,193
43,238
1,564
-2,520
3,918
-1,007

38,882 14,050
41,683 12,193
-62
1,309
-1,284 -1,274
-331
3,543
-360
-2,495

10,330
11,084
256
-1,343
615
-283

753
841
714
-142
-35
-625

172,847
89,026
2,450

180,418 19,341
68,832 -6,538
2,153
6,558

40,805
18,355
1,045

72,822
46,595
109

-15,273 =32,467 -38,332
-12,602 =26,229 -30,916
-6,443
255
4,569
1,333 -1,592 -3,047
2,439 =4,901 -8,938

-1,772
-833

5,895
5,853
202
-517
774
-417

=2,234
-3,769
572
-232
1,703
-508

10,589
11,897
697
-232
= 1,036
=737

39,879
2,396
30,614 -17,137
-857
1,565

59,438
30,455
-59

48,413
23,291
2,350

70,170
32,223
2,702

-304

-7,643

20,144

-2,826

-2,431

-2,835

449

5,928

5,458

3,422

5,336

42,120

26,448

18,372

15,960

12,676

-4,888

2,424

9,699

7,454

6,871

46,894

58,436

9,616

8,180

7,876

16,277

14,561

13,885

11,896

23,038

0
0
0
1,878 -10,641 -7,813
3,895

0
10,318
-2,559

0
-7,687
-4,501

0
7,062
3,166

0
0
479 -15,729
3,843 -3,714

0
24,047
=4,556

0
19,434
4,431

1,878 -10,641 -11,708

12,877

-3,186

3,896

-3,364 =12,015

3,419

32

3,741

9,149

-3,566

1,956

1,503

28,603 =23,865

39

-7,380

2,272

47,713

40,166

15,314

11,672

895

19,832

24,935

6,412

-2,002

10,821

-9,955

-3,109

-2,804

-2,679

-1,723

-2,750

-1,547

-1,776

-459

672

53

92

4

24

13

11

41

4

7

40

49. U.S. foreign trade1
Millions of dollars; exports F.A.S. value; imports customs value
Item

Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1987
Seasonally adjusted
1 Exports of domestic and
foreign merchandise —
2 General imports including
merchandise for
immediate consumption
plus entries into
bonded warehouses ....

254,122

18,379

19,373

19,982

20,250

20,114

21,382

22,475

20,847

21,669

22,137

23,328

24,147

406,241

32,189

31,186

32,247

32,317

33,484

34,141

34,927

34,506

34,015

36,253

35,219

35,758

-152,119 -13,810 -11,814 -12,265 -12,066 -13,370 -12,760 -12,451 -13,660 -12,345 -14,117 -11,891 -11,570

3 Trade balance

Not seasonally adjusted
1 Exports of domestic and
foreign merchandise
2 General imports including
merchandise for
immediate consumption
plus entries into
bonded warehouses ....

254,122

17,346

18,854

21,836

20,678

20,760

21,637

21,379

20,079

21,184

22,778

23,279

24,314

406,241

30,799

29,810

32,464

32,291

33,170

35,358

35,810

33,826

33,668

38,076

35,211

35,759

-152,119 -13,453 -10,956 -10,629 -11,613 -12,411 -13,721 -14,431 -13,747 -12,484 -15,298 -11,932 -11,444

3 Trade balance

1988
Seasonally adjusted
1 Exports of domestic and
foreign merchandise
2 General imports including
merchandise for
immediate consumption
plus entries into
bonded warehouses

24,669

24,839

26,762

26,044

27,447

26,706

26,613

27,478

27,578

27,889

27,538

28,864

440,952

35,165

36,325

36,338

35,360

36,137

37,304

35,074

37,623

36,750

37,121

38,087

39,668

-118,526 -10,496 -11,486

3 Trade balance

322,426

-9,576

-9,316

-8,690 -10,598

-8,461 -10,145

-9,172

-9,232 -10,549 -10,805

Not seasonally adjusted
1 Exports of domestic and
foreign merchandise
2 General imports including
merchandise for
immediate consumption
plus entries into
bonded warehouses

26,803

25,186

26,539

27,067

28,544

27,565

28,982

34,961

36,108

38,541

35,397

37,545

36,304

38,795

38,389

39,384

-8,233

-7,915 -11,738 -10,211 -11,006

23,162

24,316

29,343

26,728

440,952

33,035

35,494

36,999

-118,526 -9,874 -11,179

3 Trade balance

28,193

322,426

-7,656

-9,237 -10,251 -10,824 -10,402

50. U.S. reserve assets, 1988
Millions of dollars; end of period

Jan.

Feb.

Mar.

AP,

May

June

July

Aug.

Sept.

Oc,

Nov.

Dec.

1 Total

42,955

43,064

43,186

42,730

41,949

41,028

43,876

47,778

47,788

50,204

48,944

47,802

2 Gold stock1
3 Special drawing rights2'3
4 Reserve position in International
Monetary Fund2'4
5 Foreign currencies5..

11 068
11,318

11 063
11,795

11 063
11,579

11 063
11,275

11 063
10,912

11 063
10,793

11 063
14,056

11 061
18,017

11,062
18,015

11 062
19,603

11 059
17,997

11,057
17,363

10 804
9 765

10,445
9 761

10 645
9 899

10,803
9589

10 431
9 543

9 992
9 180

9 773
8 984

9642
9 058

9,637
9,074

10,075
9464

10 103
9 785

9,745
9,637

Type




139

51. Selected U.S. liabilities to foreign official institutions

A. By type
Millions of dollars, end of period

Jan.

Feb.

Mar.

Apr.

May

July

June

Aug.

Sept.

Oct.

Nov.

Dec.

1987
1 Total1

213,570 215,535 227,151 236,362 236,639 238,826 232,509 237,882 239,716 252,640 254,122 259,556

2 Liabilities reported by banks in the
United States2
3 U S Treasury bills and certificates
U.S. Treasury bonds and notes
4 Marketable
5 Non marketable3
6 U.S. securities other than U.S.
Treasury securities4

33,180
84640

32,012
81 553

32,078
80663

31,622
73435

29,763
78210

32,042
75,701

38,394
78,819

34,268
82,542

31,838
88,829

27,984
75 718

29,658
75 434

31 463
79 629

92,845
1,300

93,678
1,300

99,584 102,073 106,520 110,238 112,490 115,101 116,442 118,909 120,762 122,432
300
300
700
500
1,300
300
300
300
1,300
1,300

15,723

15,465

15,175

15,169

15,254

15,147

14,462

14,508

15,231

16,218

16,250

16,157

1988
1 Total1

267,208 276,665 284,554 286,868 294,876 291,009 291,038 290,383 289,051 295,376 300,978 299,716

2 Liabilities reported by banks in the
United States2
3 U S. Treasury bills and certificates
U.S. Treasury bonds and notes
4 Marketable
5 Nonmarketable3
6 U.S. securities other than U.S.
Treasury securities4 . .

32,923
96,708

32,664 34,953 35,111 31,443
96,822 100,814 103,841 103,722

127,550 134,719 142,854 145,929 150,991 149,333 146,971 145,521

44,040 144,617 146,813 149,056

32,757
90656

32,500
93,427

30,102
95 644

30,013
94983

31,597
96 614

30,918
95,309

32,154
96725

300

300

792

795

499

502

506

509

15 945

15,719

15 162

15 148

15 175

14 947

14682

Jan.

Feb.

Mar.

Apr.

May

June

July

513

516

520

523

14722

15,012

14476

14,693

14,972

Aug.

Sept.

Oct.

Nov.

Dec.

B. By area
Millions of dollars, end of period

1987
1 Total1
2
3
4
5
6
7

213,570 215,535 227,151 236,362 236,639 238,876 232,509 237,882 1139,716 252,640 254,122 259,556

Western Europe1
Canada
Latin America and Caribbean
Asia
Africa
Other countries2

89979 91,147 99836 106 200 108 701 111 620 107 817 106 863 108 398 116 589 117 628 124 620
5 152
3 482
3 502
3 922
5 110
3 383
4 961
4529
3 559
3 761
4 189
4 884
7 587
7 949
9356
7,478
7,764
8 004
9 217
8813
8465
8 328
8 924
8 561
107 328 108 729 108 483 109 925 109 563 108 733 105 549 109 592 109 515 114 148 116 459 116 098
1,164
1 284
1 185
1,300
1 562
1 837
1 627 1 400 1 590
;i 402
1 618 1 474
4 072
4 665
5 674
3 819
3 255
6 057
6 589
5 985
5 317
4 147
7 094
5 989

1988
1 Total1
2
3
4
5
6
7

267,208 276,665 284 554 286 868 294 876 291 009 291 038 290383 289 051 295 376 300 978 299 716

...
1

Western Europe
Canada
Latin America and Caribbean
Asia
Africa ...
Other countries2

140



127,882 127,798 129 531 129,884 131 391 126,875 125 205 123 465 121 524 125 399 128 630 12S 097
6 182
7 954
9 372 10 773 10 725
8 314
6839
9 981 10 054 11 014 10 066
9 584
9 §75 10 525 10 094
9 417
7 952
9282
8 451
8 656
8 705
9 899 11 347 10 146
119 291 127,399 131 523 132 108 135 142 134 340 135 730 136 238 137 634 139 577 142 826 145 548
993
1 495
1 266
1 512 1 417
1 458
1 196
1 179
1 418
1 094
1 169
1 130
4,682
4,442
5 993
7 793
7 837
7773
4 839
7 903
B 049
7 646
7418
7 501

52. Liabilities to foreigners, payable in U.S. dollars, reported by banks in the United States1
A. By holder and type of liability
Millions of dollars, end of period
1987

Holder and type of liability
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1 All foreigners

530,815 526,963 532,889 559,451 564,911 550,492 545,576 554,570 586,204 605,120 604,569 618,874

2 Banks' own liabilities
3 Demand deposits
4 Time deposits2
5 Other3
6 Own foreign offices4

3 6 0 3 392,633 396,633 417,952
9,7
22,131 22,086 21,913 21,962
124,216 124,613 124,641 131,408
41,002 42,614 46,051 49,912
208,725 203,320 204,028 214,671

7 Banks' custody liabilities5
8 U.S. Treasury bills and certificates6 .
9 Other negotiable and readily 7
tran«ff»rahh» instnimp.ntft
transferable
10 Other

423,606
22,843
132,459
49,333
218,971

410,138
22,513
132,889
42,340
212,396

411,011
19,902
133,768
45,160
212,181

415,493 448,529 463,301 457,513 4 0 0 0
7,7
21,434 20,868 22,875 23,746 22,383
137,830 148,084 151,851 147,054 148,374
42,808 50,451 53,411 52,639 51,677
213,422 229,126 235,164 234,073 247,635

134,743 134,330 136,256 141,499 141,305 140,355 134,565 139,077 137,675 141,819 147,056 148,804
89,370 90,800 93,153 97,928 95,959 93,695 88,189 92,705 89,747 91,374 96,534 101,743
14,609
30,763

13,762 14,719 14,548
29,768 28,384 29,023

15,830
29,516

16,422 15,681
30,238 30,694

15,309 16,092 15,989
31,063 31,836 34,455

16,800 16,776
33,722 30,285

11 Nonmonetary international and regional
organizations8

5,282

5,282

6,084

8,927

5,907

4,005

6,275

5,705

7,941

3,852

5,809

4,464

12 Banks' own liabilities.
13 Demand deposits...
14 Time 3
deposits2 „
15 Other

3,933
183
2,519
1,231

2,956
157
1,493
1,306

4,705
249
1,240
3,216

7,333
334
3,114
3,884

4,243
106
964
3,173

2,515
72
987
1,456

2,697
76
599
2,021

2,871
44
807
2,019

4,770
80
1,235
3,454

1,938
107
986
844

3,195
74
1,094
2,027

2,702
124
1,538
1,040

16 Banks* custody liabilities5
17 U.S. Treasury bills and certificates6
18 Other negotiable and readily 7
transferable instruments
19 Other

1,349
86

2,326
1,213

1,379
154

1,594
428

1,664
440

1,490
266

3,579
2339

2,834
1,635

3,171
1,793

1,914
285

2,614
747

1,761
265

1,261
2

1,112
1

1,225
0

1,152
14

1,224
0

1,224
0

1,240
0

1,193
6

1,378
0

1,624
6

1,811
55

1,497
0

20 Official institutions9.

103,702 105,091 111,092 117,821 113,565 112,740 105,058 107,972 107,744 117,213 116,811 120,667

21 Banks' own liabilities.
22 Demand deposits...
23 Time deposits2
24 Other3

25,750
1,485
11,275
12,990

27,086
1,512
11,097
14,477

28,316
1,919
11,066
15,331

30,207
1,827
12,460
15,919

29,150
2,086
11,427
15,637

28,688
1,743
13,524
13,421

28,452
1,710
13,677
13,065

26,467
1,907
13,580
10,981

28,343
1,800
14,266
12,277

34,841
1,905
16,584
16,353

31,076
1,820
13,706
15,549

28,703
1,757
12,843
14,103

25 Banks' custody liabilities5
26 U.S. Treasury bills and certificates6 .
27 Other negotiable and readily 7
transferable instruments
28 Other

77,952
75,718

78,005
75,434

82,776
79,629

87,614
84,640

84,415
81,553

84,052
80,663

76,605
73,435

81,505 79,401
78,210 75,701

82,372
78,819

85,735
82,542

91,965
88,829

2,166
69

2,431
140

3,015
132

2,819
154

2,715
147

3,141
248

2,950
220

3,328
225

2,993
200

2,990
146

3,151
144

3,540
160

29 Banks1'

344,740 339,328 340,343 355,852 366,141 357,009 358,618 362,716 390,784 405,449 400,269 414,280

30 Banks' own liabilities
31 Unaffiliated foreign banks.
32
Demand deposits
Time 3
deposits2 —
33
34
Other
35 Own foreign offices4.

301,006 2 7 2 8 300,168 315,576 325,002 314,551 315,426 319,817 347,130 359,316 354,253 371,665
9,4
92,281 93,928 96,139 100,904 106,031 102,155 103,245 106,395 118,004 124,152 120,181 124,030
9,797 11,368 11,860 10,898
8,737
9,899
9,497
10,422 10,098
9 7 9 10,797 10,282
,6
56,959 59,189 61,381 63,646 67,009 66,355 66,478 69,307 77,446 79,510 76,545 79,717
24,899 24,641 25,261 27,490 28,225 25,519 28,030 27,189 30,760 33,274 31,776 33,415
208,725 203,320 204,028 214,671 218,971 212,396 212,181 213,422 229,126 235,164 234,073 247,635

36 Banks' custody liabilities5
37 U.S. Treasury bills and certificates6 .
38 Other negotiable and readily 7
transferable instruments
39 Other

43,734
9,839

42,080
10,501

40,176
9,759

40,277
9,545

41,139
9,774

42,458
9,066

43,192
9,139

42,899
9,100

43,655
9,206

46,133
8,961

46,016
9,480

42,615
9,134

5,258
28,638

4,107
27,472

4,171
26,246

4,090
26,642

4,213
27,152

5,611
27,781

5,850
28,203

5,320
28,479

5,221
29,228

5,454
31,718

5,586
30,949

5,392
28,089

40 Other foreigners

77,091

77,261

75,370

76,850

79,298

76,738

75,625

78,177

79,735

78,606

81,680

79,463

41 Banks' own liabilities.
42 Demand deposits...
43 Time 3
deposits2
44 Other

65,384
10,040
53,463
1,881

65,343
10,318
52,834
2,191

63,444
10,247
50,954
2,244

64,837
10,031
52,187
2,618

65,211
9,854
53,059
2,298

64,384
10,417
52,024
1,944

64,436
9,379
53,014
2,044

66,339
9,584
54,136
2,619

68,286
9,190
55,137
3,959

67,206
9,495
54,771
2,940

68,988
9,992
55,709
3,287

67,000
9,604
54,277
3,119

45 Banks' custody liabilities5
46 U.S. Treasury bills and certificates6
47 Other negotiable and readily 7
transferable instruments
48 Other

11,707
3,728

11,919
3,652

11,926
3,610

12,014
3,315

14,087
4,192

12,355
3,701

11,189
3,276

11,839
3,761

11,448
3,046

11,400
3,309

12,692
3,764

12,463
3,515

5,924
2,055

6,111
2,155

6,309
2,006

6,487
2,212

7,678
2,217

6,445
2,208

5,641
2,272

5,645
2,433

5,954
2,448

5,584
2,507

6,410
2,518

6,898
2,050

7,333

7,860

7,855

8,134

8,694

7,356

6,313

6,458

6,501

6,676

7,361

7,314

MEMO
49 Negotiable time certificates of deposit
in custody for foreigners




141

52. Liabilities to foreigners, payable in U.S. dollars, reported by banks in the United States1—Continued
A. By holder and type of liability—Continued
Millions of dollars, end of period
1988

Holder and type of liability
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

1 All foreigners

602,115 604,478 605,067 610,601 628,065 636,087 653,833 657,365 656,521 651,025 677,381 683,950

2 Banks' own liabilities..
3 Demand deposits —
4 Time deposits2
5 Other3
6 Own foreign offices4.

448,567 446,913 4 4 4 9 450,185 465,917 476,027 491,229 494,538 491,566 4 3 0 4
4,0
8,7
20,620 21,025 21,808 20,250 22,052 22,897 21,897 20,339 21,401 21,835
138,239 140,048 138,209 134,573 138,258 141,345 143,085 145,922 149,054 142,095
53,542 53,663 47,471 46,701 4 , 9 46,981 50,809 52,441 53,884 57,311
880
236,166 232,178 236,921 248,662 256,717 264,803 275,438 275,836 267,228 261,833

7 Banks* custody liabilities5
8 U.S. Treasury bills and certificates6 .
9 Other negotiable and readily 7
transferable instruments
10 Other

513,573
21,894
152,194
51,506
287,979

153,548 157,564 160,658 160,417 162,148 160,060 162,604 162,827 154,955 167,951 173,237 170,377
103,881 106,108 108,254 106,890 107,813 107,623 108,565 108,116 108,777 112,267 116,861 114,976
16,712
32,955

16,677
34,779

17,131
35,273

17,027
36,500

11 Nonmonetary international and regional
organizations*

6,022

9,329

6,792

12 Banks' own liabilities.
13 Demand deposits...
14 Time 3
deposits2
15 Other

4,198
70
1,730
2,398

7,318
74
3,028
4,216

4,791
134
2,560
2,097

16 Banks' custody liabilities5
17 U.S. Treasury bills and certificates6 ..
18 Other negotiable and readily 7
transferable instruments
,
19 Other

1,823
613

2,011
415

1,210
0

1,521
75

20 Official institutions9.

504,144
22,079
149,704
53,981
278,380

17,605
36,730

17,636
34,801

17,241
36,797

16,981
37,730

5,284

6,959

745
,4

7,717

5,454

3,121
67
916
2,139

4,968
84
2,602
2,282

479
,0
84
2,456
2,169

5,538
92
2,514
2,933

3,630
85
1,671
1,874

2,002
635

2,163
587

1,991
132

2,737
745

2,179
286

1,824
43

1,351
16

1,564
11

1,852
7

1,989
3

1,861
32

1,769
12

16,555
39,622

16,397
39,287

16,658
39,718

16.367
39.033

7,581

6,109

4,978

3,224

4,922
104
1,506
3,311

4,297
90
1,301
2,906

3,722
76
1,584
2,062

2,527
71
1,183
1,272

2,660
755

1,812
62

1,256
83

698
57

1,899
5

1,750
0

1,163
10

641
0

123,413 125,927 125,747 124,996 128,210 126,226 128,879 129,631 129,486 135,767 138,952 135,165

21 Banks' own liabilities.
22 Demand deposits...
23 Time 3
deposits2
24 Other

30,082
1,605
11,956
16,520

29,538
1,861
11,570
16,107

27,056
2,021
11,703
13,332

26,911 28,555 2 , 0
807
1,498 1,882 1,834
11,743 12,723 11,767
13,670 13,950 14,405

25 Banks* custody liabilities5
26 U.S. Treasury bills and certificates6 .
27 Other negotiable and readily 7
transferable instruments
28 Other

93,331
90,656

96,390
93,427

98,691
95,644

98,085
94,983

99,655
96,614

2,442
233

2,619
343

2,770
276

2,959
143

2,785
257

28,538 29,158
1,696 1,405
11,432 12,152
15,410 15,600

29,133 31,174 31,129 27,033
1,755 1,806 1,584 1,915
11,718 11,376 12,066
9,686
15,660 17,991 17,479 15,432

98,220 100,341 100,473 100,353 104,593 107,823 108,132
95,309 96,725 96,708 96,822 100,814 103,841 103,722
2,682
229

3,378
238

3,460
305

3,231
300

3,622
158

3,768
214

4,130
280

29 Banks10.

392,046 388,845 392,218 399,953 411,744 421,966 434,498 437,490 434,739 423,334 445,725 458,248

30 Banks' own liabilities
31 Unaffitiated foreign banks.
32
Demand deposits
33
Time 3
deposits2
Other
34
35 Own foreign offices4.

347,306 343,586 346,247 353,509 365,122 374,880 387,107 389,726 385,119 374,130 395,310 408,576
111,140 111,408 109,325 104,848 108,405 110,077 111,669 113,890 117,891 112,297 116,930 120,597
9,787
9,153 10,210 10,900 10,218 9,259 9,354 10,233 10,403
9,759 10,013
9,980
70,133 70,865 69,567 67,302 68,636 71,408 71,896 73,145 76,916 69,693 75,479 80,303
31,220 30,784 29,745 28,392 29,559 27,769 29,556 31,485 31,622 32,371 31,049 3(1,314
236,166 232,178 236,921 248,662 256,717 264,803 275,438 275,836 267,228 261,833 278,380 287,979

36 Banks' custody liabilities5
37 U.S. Treasury bills and certificates6 .
38 Other negotiable and readily 7
transferable instruments
39 Other

4,4
470
8,979

45,259
8,526

45,971
8,597

46,443
7,889

46,622
7,872

47,086
8,212

47,391
8,324

47,764
8,299

49,619
7,969

49,204
7,976

50,415
8,087

49,671
7,602

5,580
30,181

5,436
31,298

5,617
31,758

5,627
32,927

5,341
33,410

5,725
33,149

5,625
33,442

5,090
34,376

5,220
36,430

5,225
36,003

5,696
36,632

5,666
36,403

40 Other foreigners

80,635

80,377

80,309

8,6
039

81,151 8 , 4
049

82,740

8,8
479

84,715

85,814

87,725

87,313

41 Banks' own liabilities.
42 Demand deposits...
43 Time deposits2
44 Other3

66,981
9,157
54,420
3,404

66,472
9,331
54,585
2,557

66,316
9,641
54,378
2,297

66,643
9,532
54,612
2,499

67,272
9,875
54,298
3,099

68,431
10,080
55,714
2,638

7,4
006
9,892
57,244
2,910

72,024
9,590
58,952
3,481

72,392
10,188
58,914
3,290

73,473
9,705
59,724
404
,4

73,982
10,017
60,575
3,391

75,438
9,928
61,022
447
,8

45 Banks' custody liabilities5
46 U.S. Treasury bills and certificates6 .
47 Other negotiable and readily 7
transferable instruments
48 Other

13,654
3,633

13,904
3,740

13,994
3,378

13,725
3,430

13,880
3,196

12,018
3,358

12,693
3,231

12,765
3,066

12,324
3,231

12,341
3,415

13,743
4,849

11,876
3,595

7,480
2,541

7,102
3,063

7,393
3,223

6,876
3,419

7,628
3,056

7,240
1,420

6,378
3,085

6,663
3,037

6,205
2,887

5,800
3,126

6,031
2,863

5,929
2,351

7,647

7,370

7,325

7,480

8,261

7,711

6,975

7,064

6,394

6,117

6,128

6,366

MEMO
49 Negotiable time certificates of deposit
in custody for foreigners

142



52. Liabilities to foreigners, payable in U.S. dollars, reported by banks in the United States—Continued

B. By area and country
Millions of dollars, end of period

1987

Area and country

Jan.
1 Total.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

530,815 526,963 532,889 559,451 564,911 550,492 545,576 554,570 586,204 605,120 604,569 618,874

525,533 521,681 526,805 550,524 559,004 546,488 539,301 548,866 578,263 601,268 598,760 614,411
183,027 185,052 185,933 195,662 211,943 210,083 204,702 208,481 215,277 233,281 228,887 234,641
799
921
929
815
1,280
973
1,058
974
1,254
1,066
1,166
920
7,232
7,627
6,760
7,901
9,351
9,568
9,155
9,769 10,492 10,869 10,959
9,347
449
623
425
459
425
520
491
583
593
632
707
760
947
909
762
497
507
566
942
616
535
571
461
377
21,368 22,684 23,838 27,456 27,854 27,823 25,461 26,971 27,881 28,227 27,505 29,835
7,071
7,479
8,187
6,083
7,131
7,714
6,812 8,595
6,828 10,652
8,515
7,022
642
602
643
750
667
690
746
690
715
689
636
738
9,392
8,502 10,093 11,340 11,745 11,990 10,030
8,409 10,282 10,016 12,073
7,666
5,355
6,112
5,206
4,963
5,873
5,435
5,353
6,483
5,440 5,455
6,719
5,014
554
562
663
679
490
567
571
502
1,074
593
1,187
1,362
684
658
686
606
704
710
586
700
723
801
660
858
2,244 2,284
2,217
2,371
2,102
2,286
2,526
2,685
2,621
2,263
2,340
2,616
884
1,065
1,496
2,882
1,063
1,251
1,235
1,387
1,639
1,582
1,379
1,289
28,922 27,561 27,528 26,503 26,835 27,776 24,606 28,265 27,332 29,053 30,168 33,766
412
378
359
365
514
398
550
375
833
516
433
703
91,299 93,777 91,774 95,357 107,019 104,922 107,507 107,148 110,235 119,286 115,023 116,852
564
459
519
554
526
429
433
491
484
710
565
508
8,184
7,958
9,180
4,315
3,907
4,594
3,870 5,284 6,410
9,798
4,325
6,016
51
87
30
32
37
36
36
32
21
23
550
45
517
532
633
494
567
616
629
656
591
582
640
527

2 Foreign countries
3 Europe
4
Austria
5
Belgium-Luxembourg...
6
Denmark
7
Finland
8
France
9
Germany
10
Greece
11
Italy
12
Netherlands
13
Norway
14
Portugal
15
Spain
16
Sweden
17
Switzerland
18
Turkey
19
United Kingdom
20
Yugoslavia
21
Other Western Europe1.
22
U.S.S.R
23
Other Eastern Europe2 .

26,116

25,201

27,972

25,291

24,526

21,941

21,235

22,559

26,065

25,741

28,681

30,095

24

Canada

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43

Latin America and Caribbean.
Argentina
,
Bahamas —
Bermuda
Brazil
„
British West Indies
Chile
Colombia
Cuba
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles
Panama
Peru
Uruguay
Venezuela
Other

196,852 191,245 197,350 207,985 205,332 197,930 200,058 200,805 214,054 217,711 214,007 220,372
4,674
5,006
5,275
4,794
4,785
5,078
5,073
5,122
4,672
4,412
4,746
4,503
64,992 62,906 62,749 71,922 68,922 66,073 61,953 61,747 70,706 72,643 70,942 74,767
2,234
2,344
2,052
2,492
2,442 2,231
2,265
2,362
2,176
2,295
2,469
2,263
4,139
4,005
3,693
4,410
3,962
3,791
3,680
3,956
3,632
3,727
3,809
3,818
68,224 65,578 71,901 70,891 72,194 69,038 74,210 73,924 78,577 80,070 77,945 81,494
2,192 2,219
2,247
2,035
2,210
1,971
2,033
2,254
2,118
2,048
2,272
2,061
4,204
4,197
4,198
4,422
4,427
4,308
4,305
4,252
4,348
4,232
4,272
4,271
12
7
12
9
8
6
6
7
8
7
6
6
1,062
1,097
1,082
1,088
1,118
1,090
1,043
1,013
1,098
1,088
1,119
1,048
1,072
1,033
1,055
1,109
1,082
1,121
1,166
1,164
1,085
1,080
1,081
1,123
140
156
160
150
171
189
146
145
158
149
230
149
13,629 13,471 13,270 15,084 13,961 13,855 14,140 14,548 14,286 14,269 14,453 14,480
5,299
5,212
4,975
5,228
5,142
5,318
5,208
5,652
5,170
5,754
5,661
5,598
7,414
7,514
7,468
7,163
7,021
7,124
7,238
7,118
6,444
7,070
6,669
7,349
1,208
1,206
1,147
1,275
1,208
1,139
1,097
1,065
1,203
1,133
1,089
1,112
1,582
1,494
1,492
1,526
1,504
1,508
1,485
1,537
1,592
1,534
1,642
1,620
9,088
9,872
9,942
9,866
9,680 10,084
9,048
9,739
9,954 10,172
9,935
10,098
5,446 5,650 5,234
5,451
5,177
5,075
5,081
5,428
5,285
5,048
4,914
4,777

44

Asia
China
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
,
Middle East oil-exporting
countries3
Other

112,191 113,444 108,089 112,673 108,808 107,904 104,256 106,858 112,218 115,591 118,748 121,288

45
46
47
48
49
50
51
52
53
54
55
56

57
58
59
60
61
62
63

67 Nonmonetary international and
regional organizations
5




12,658
10,760

14,025
11,580

13,650
10,888

13,369
11,232

13,988
12,788

4,023
1,113
75
229
64
1,275
1,267

4,194
1,158
74
227
69
1,331
1,335

4,011
1,118
81
198
81
1,179
1,354

3,918
1,104
70
280
71
1,081
1,313

4,065
1,169
75
246
82
1,107
1,386

3,945
1,151
194
202
67
1,014
1,316

4,878
4,113
765

5,026
4,333
693

5,968
5,065
903

6,638
5,684
955

5,025
4,057
969

4,372
3,711
661

4,070
3,327
744

4,005
2,597
1,047
362

6,275
4,816
1,075
384

5,705
4,192
1,070
443

7,941
6,293
1,126
522

3,852
2,365
1,155
331

5,809
3,724
1,478
608

4,464
2,830
1,272
362

,
,

1,889
19,461
9,366
527
1,460
1,305
53,758
1,178
1,427
1,112

1,842
17,327
9,435
567
1,243
1,083
51,420
1,341
1,312
1,174

1,737
16,352
9,103
714
1,773
1,229
50,676
1,398
1,222
1,137

1,744
16,433
8,591
572
1,404
927
48,065
1,409
1,148
1,088

2,011
15,376
9,010
902
1,541
1,035
49,790
1,387
1,208
1,180

12,110
10,133

11,573
9,473

11,355
9,837

10,857
11,207

11,445
11,117

11,658
11,218

3,500
791
77
201
42
1,156
1,233

3,478
775
99
184
40
1,106
1,274

3,732
871
101
288
39
1,212
1,221

4,002
1,052
86
198
74
1,266
1,325

3,751
1,009
106
188
58
1,111
1,280

3,683
2,686
997

Morocco
South Africa
Zaire
Oil-exporting countries4
Other

International .
Latin American regional
Other regional6

1,162
21,503
10,180
582
1,404
1,292
54,322
1,637
1,085
1,345

1,988
20,107
8,889
512
1,415
1,670
48,363
1,118
1,740
1,242

3,664
607
75
341
54
1,336
1,251

Other countries
Australia
All other

68
69
70

1,435
21,574
10,541
701
1,677
1,220
52,650
1,606
1,259
1,483

1,650
21,130
9,351
686
1,591
1,895
50,869
1,017
1,779
1,232

12,324
10,780

Africa ,

64
65
66

1,440
1,104
53,673
1,714
1,152
1,116

1,699
18,302
9,590
606
1,336
2,169
53,187
1,557
1,331
1,275

2,046
19,557
9,411
664
1,410
1,763
50,083
1,059
1,811
1,284

3,239
2,472
767

3,983
3,027
956

5,180
4,293
888

4,394
3,589
805

5,282
4,159
960
164

5,282
4,368
762
152

6,084
5,087
783
215

8,927
7,663
845
420

5,907
4,423
994
489

1,775
15,197
8,671
111

143

52. Liabilities to foreigners, payable in U.S. dollars, reported by banks in the United States—Continued
B. By area and country—Continued
Millions of dollars, end of period
1988

Area and country
Jan.

1 Total.
2 Foreign countries
3 Europe
4
Austria
5
Belgium-Luxembourg ..
6
Denmark
7
Finland
8
France
9
Germany
10
Greece
11
Italy
12
Netherlands
13
Norway
14
Portugal
15
Spain
16
Sweden
17
Switzerland
18
Turkey
19
United Kingdom
20
Yugoslavia
21
Other Western Europe1
22
U.S.S.R
23
Other Eastern Europe2 .

Feb.

Mar.

602,115 604,478 605,067

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec

610,61 628,065 636,087 653,833 657,365 CvS6,521 651,025 677,381 683,950

2,4
596,094 595,149 598,274 605,317 621,106 6 8 6 2 646,117 651,910 643,940 644,915 672,403 680,726
225,435 226,606 212,910 218,356 227,665 227,391 231,001 232,495 224783 227,191 233,867 235,979
964
941
1,072
992
1,425
1,271
1,162
1,090
1,245
1,599
958
1,155
9,832
9,893 10,363
9,531 10,051
9,920 10,230 11,100 10,028
9,433
8,804
9,629
1,364
1,402
2,362
659
1,474
1,034
1,164
2,078
551
930
2,180
3,089
426
417
447
339
401
369
405
549
284
504
426
359
28,146 28,846 28,379 27,026 28,246 26,977 26,001 24,238 24,298 23,263 24,546 24,762
5,899
7,692
8,870
5,212
6,882
6,493
6,227
5,086
7,983
5,111
6,777
6,615
633
675
620
675
653
694
683
638
639
656
672
656
8,552 12,513 13,339 14,602
9,923
9,287 10,707
11,259 11,001 10,077 10,042
9,768
5,351
6,377
5,272
5,287
5,384
5,007
5,154
5,756
5,648
6,166
5,939
5,316
828
1,322
1,143
1,241
1,079
902
1,060
1,342
1,197
917
1,101
3,559
917
897
859
915
725
780
874
859
903
910
848
739
4,177
6,252
682
,4
2,363
2,437
5,015
2,424
2,848
5,573
2,618
5,980
5,494
1,522
1,393
1,719
1,926
1,692
2,281
2,011
2,196
1,579
1,815
1,836
1,274
31,858 31,948 31,692 30,419 31,254 31,067 30,400 29,276 31,332 31,295 31,890 34,183
674
537
541
570
709
706
876
616
518
628
793
1,012
111,758 112,210 101,449 109,394 115,248 115,281 121,681 122,298 113,296 109,946 111,693 115,926
655
541
557
614
566
586
690
629
579
569
550
529
9,364
9,783
8,520
8,225
8,543
9,048
9,240 10,325 10,246
9,461
9,627
8,598
44
37
49
80
239
99
45
74
66
100
136
138
721
549
456
544
558
667
624
611
598
589
648
710

24

Canada

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43

Latin America and Caribbean ,
Argentina
Bahamas
Bermuda
Brazil
British West Indies
,
Chile
Colombia
Cuba
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles
Panama
Peru
Uruguay
Venezuela
Other

210,946 211,358 219,718 224,938 228,971 232,199 241,676 245,788 245,889 239,443 256,775 265,295
5,922
5,254
7,117
6,019
5,134
5,048
4,913
7,360
7,150
6,819
5,341
7,804
69,182 64,984 69,028 70,037 73,935 74,224 75,932 78,810 77,924 76,848 83,728 86,606
2,021
2,413
2,214
2,217
2,752
2,577
2,389
2,394
2,077
2,927
2,402
2,621
4,312
4,587
4,047
4,838
4,579
4,625
4,251
4,117
3,861
5,304
4,190
5,255
77,234 81,155 86,818 91,341 90,307 93,087 99,917 98,625 130,380 94,571 103,755 109,335
2,344
2,364
2,125
2,491
2,397
2,751
2,332
2,677
2,485
2,203
2,269
2,936
3,914
3,962
4,192
4,534
4,374
3,864
4,277
4,176
4,423
4,461
4,426
3,873
9
12
10
9
8
9
8
9
13
10
8
9
1,141
1,122
1,238
1,189
1,287
1,265
1,246
1,233
1,227
1,195
1,381
1,379
1,217
1,187
1,100
1,100
1,184
1,185
1,190
1,198
1,216
1,190
1,187
1,195
148
150
180
167
155
157
153
209
209
177
149
269
15,027 15,189 15,795
17,271 15,854 15,648 15,470 15,106
15,358 15,877 15,812 16,344
5,237
4,993
5,362
5,374
5,230
5,380
5,278
5,036
4,825
5,369
6,420
5,933
4,357
7,019
7,364
4,237
4,232
4,276
4,114
4,165
4,363
4,391
4,353
4,152
1,354
1,554
1,261
1,648
1,477
1,461
1,461
1,694
1,626
1,580
1,671
1,399
1,794
1,782
1,700
1,902
1,846
1,903
1,917
1,748
1,776
1,898
1,909
9,447
9,742
9,188
9,785
9,363
8,983
9,305
9,595
9,589
9,149
9,Z46
9,353
5,290
5,352
5,594
5,484
5,218
5,204
5,201
5,336
5,480
5,489
5,868
5,706

44

Asia
China
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Middle East oil-exporting
countries3
Other

123,078

57
58
59
60
61
62
64
65
66

45
46
47
48
49
50
51
52
53
54
55
56

28,662

25,950

27,341

2,0
705

27,897

30,038

122,763 129,062 125,444 125,650 128,028

29,915

28,107

28,251

133,581 135,721 139,765

26,637

26,199

141,884 145,620

21,040

147,246

1,336
22,881
9,579
569
1,474
1,270
57,010
1,709
1,047
1,433

1,352
23,887
10,010
877
1,583
1,333
56,077
1,502
1,016
1,354

1,562
2,0
409
10,015
659
1,545
1,400
60,103
1,546
1,102
1,189

1,814
23,985
9,635
675
1,063
1,292
58,324
1,574
1,021
1,181

1,921
23,878
10,219
619
1,030
1,190
58,009
1,476
980
1,448

1,725
23,076
9,321
937
1,075
1,334
60,741
1,572
961
1,099

1,564
24,027
9,951
858
1,036
1,244
63,067
1,459
1,091
1,650

1,757
23,426
10,417
845
1,254
1,194
64,403
1,720
1,007
1,422

1,608
22,337
10,876
1,008
1,121
1,130
7,7
000
2,091
976
1,369

1,479
23,380
11,532
787
1,286
2,323
70,430
240
,4
1,146
1,363

1,401
2,4
477
12,437
770
995
1,063
73,000
2,654
1,139
1,205

1,892
26,058
11,727
696
1,189
1,471
73,989
2,541
1,163
1,236

12,563
12,206

12,469
11,301

12,796
13,136

12,671
12,207

12,445
12,434

12,121
14,066

14,329
13,306

12,819
15,456

14,124
13,053

13,232
12,487

12,876
13,334

12,060
13,225

Africa
Egypt
Moroc
torocco
South Africa
Zaire
Oil-exporting countries4 .
Other

3,758
1,142
71
214
89
981
1,261

3,756
1,119
69
194
86
1,047
1,241

4,041
1,099
75
387
87
1,062
1,330

3,886
1,218
68
195
89
1,008
1,308

4,064
1,196
65
267
70
1,090
1,374

4,028
1,187
73
245
67
1,108
1,349

3,846
1,039
80
200
70
1,052
1,405

3,855
969
70
204
74
1,039
1,500

3,668
813
111
247
78
1,015
1,403

3,712
850
66
245
78
993
1,479

3,545
758
64
267
80
952
1,425

3,991
913
68
437
85
U017
1,472

Other countries .
Australia
All other

4,214
3,419
795

4,717
3,814
903

5,203
4,154
1,048

5,689
4,885
804

689
,5
5,943
916

6,957
6,017
939

6,098
5,329
769

5,945
5,170
775

6,583
5,639
943

609
,4
5,199
849

6,397
5,42(i
971

6,175
5,303
872

6,022
4,448
1,181
393

9,329
7,288
1,505
536

6,792
5,090
1,305
397

5,284
3,400
1,528
356

6,959
5,025
1,727
207

7,445
5,492
1,769
185

7,717
5,787
1,651
279

5,454
3,684
1,614
156

7,581
5,538
1,762
281

6,109
4,142
1,662
306

4,978
3,491
1,276
211

3,224
2,503
589
133

67 Nonmonetary international and
regional organizations
International^ Latin American regional.
Other regional6

68
69
70

144




53. Banks' own claims on foreigners, payable in U.S. dollars, reported by banks in the United States1
Millions of dollars, end of period
1987

Jan.
1 Total .

. .

Feb.

Mar.

Apr.

445,866 442,357 444,189 433,240

May

June

July

Sept.

452,543 459,727 471,018 468,944 477,716

Oct.

Nov.

Dec.

466 315 486 686 491 083

443 051 439 975 441 947 431 838 451 141 457 125 468 186 466 490 472 130 463 211 481 877 489 012

2 Foreign countries
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

Europe
Austria
Belgium- Luxembourg
Denmark
Finland . . .
France
Germany
Greece
. . .
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Swit?erland
Turkey
United Kingdom
Yugoslavia .
Other Western Europe2
USSR
Other Eastern Europe3

97 199 100 199 94 773 93 600 100 910 101 345 100 258
762
846
893
865
806
800
888
9,567
9,732
8,192
8,732
8,664
7,804
8,470
629
851
749
874
610
640
742
876
835
729
993
1 103
953
1 324
11,662 12,214 12,218 10,770 12,140 12,167 11,820
2 195
1 727
1 919
1 819 1 608
2858
2 188
575
710
700
512
557
589
562
6,491
6,442
6,200
6,605
7,068
6,159
6,603
2 877
2846
2750
2 860
2766
2656
3 016
484
842
746
626
650
886
588
469
495
421
435
400
354
329
1 622
1 761
1 902 1 862
1 972
1 960 1 755
2,227
2,347
2,105
2,279
2,478
2,087
1,958
2529
2413
3 046
2201
3 058
3 254
2471
1,733
1,543
1 594
1,637
1,660
1,495
1,432
48,689 50,461 47,856 47,649 52,214 52,600 52,540
1 624 1,559
1 694
1 702
1 658 1 618 1 586
575
718
737
573
598
647
669
431
377
339
506
386
380
328
787
793
789
800
866
851
800

24

Canada

23,472

21,853

20,963

22,005

23,715

24,622

23,846

99037 102 333 105 798 108 212 117 053
743
808
812
721
485
8,360
8,983
8 846
8 898
8 517
608
579
631
599
480
1 223
1 194
912
1 157
1 065
11,960 12,149 12,328 12478 13,243
2 008
1 719
2 317
2 327
2307
523
505
433
493
601
6,624
6,095
6022
7 100
7 946
2 933
3 197
2666
2 763
2 547
534
510
534
478
455
253
374
317
329
261
1 823
2 Oil
1 963 1 800 2054
2,256
1 983 1 852 2,083
1 977
2569
2560
2 918
2 984
3 895
1,344
1,397
1,396
1,265
1,233
51,622 54,718 57,918 58,089 65,702
1 537 1,476
1,472
1 450
1 390
524
1,152
856
1,120
916
466
503
754
1 218
1,255
821
754
811
798
799
24,045

201,044 205,234 203,172 205,935 207,186
12 314 12322 12398 12,367 12,261
54,719 59,273 55,509 60,320 63,258
369
818
460
430
669
26,042 26,119 26,227 26,023 25,909
48,853 50,076 52,228 51,109 50,006
6,019
5,881
5,772
5,678
6,133
2,722
3,084
3,096
3,131
3,034
0
0
0
0
0
2,884
2,197
2,142
2,144
2,157
149
144
141
157
148
214
212
178
187
185
27 297 26649 26 177 26,022 25,885
1,321
1,438
1,249
1,059
1,272
2 778
2589
2522
2422
2,392
1,284
1,298
1,150
1,139
1,194
913
880
885
878
889
10,944 10,863 10,912 11,021 10,862
1 732
1 645
1 698
1 627
1 818

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43

Latin America and Caribbean
Argentina
Bahamas
Bermuda
Brazil
British West Indies
Chile
Colombia
Cuba
Ecuador
Guatemala
Jamaica
Mexico
Netherlands Antilles
Panama
Peru
Uruguay
Venezuela
Other

208,801 204,327 211,077
12048 11 993 12 255
61 049 57,464 60,556
449
375
311
25 932 25 905 26,004
48,479 48,080 53,126
6 327
6 260
6 101
2,710
2,668
2,653
0
0
0
2,340
2,240
2,238
134
149
140
203
192
201
29 087 29 190 27 970
1,163
1,009
1,147
3 823
4 308
3 139
1 318
1 337
1,278
961
955
929
10753 10,872 11,052
1 752
1 811
1 768

44

106 376 106 368 107 763 108 104 113 781 120 022 130,249

56

Asia
China
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Middle East oil- exporting
countries4
Other

57
58
59
60
61
62
63
64
65
66

45
46
47
48
49
50
51
52
53
54
55

Aug.

23,749

22,476

23,278

18,889

213,654 201,913 211,855 214,074
12,258 12 100 12,046 11,826
64,284 59,348 67,241 67,006
676
596
511
483
25,622 25,461 26,399 25,735
55,931 49,661 51,344 55,640
5,656
5,459
5,319
5,217
2,944
3,028
3,021
2,983
o
o
o
1
2,185
2,162
2,075
2,168
167
198
150
175
202
206
212
187
25,972 25,645 25,386 24,636
1,494
1,312
1,161
1,430
2,224
2,535
2,182
2,378
1,014
1,064
1,067
1,013
891
850
888
910
10,754 10,803 10,737 10,733
1,642
1,596
1,650
1,639

128,432 124,786

124,663 130,258

130,867

111

886
3,877
7 580
480
622
1,286
72,515
4965
1,961
520

887
3,813
7 927
543
788
1,215
72,555
4802
1,966
521

1 096
3,557
8 487
558
696
1,242
72,279
5S089
2,074
541

1 135
3,812
6 329
535
694
1,288
74,842
4,781
1,959
516

942
3,805
8343
500
706
1,263
78,464
4,884
2,012
596

1,065
3,957
9620
492
772
1,209
82,193
5,003
2,055
641

993
3,562
8,370
501
770
1,210
92,829
4,889
2,029
668

953
3,305
7,439
541
786
1,178
92,505
4,909
2,030
683

824
3,182
8,407
533
773
1,184
87,189
5,137
2,009
759

756
3,040
9,487
627
808
1,174
87,265
5,187
1,912
766

3,845
10,818
568
767
1,231
89,509
5,390
1,900
778

762
4,184
10,136
560
674
1,137
90,161
5,219
1,876
850

3,567
8 118

3,454
7,897

3,538
8,605

4,077
8,135

3,542
8,725

4,574
8,441

6,400
8,029

6,212
7,891

6,401
8,389

5,388
8,253

6,657
8,018

6,182
9,126

Africa
Egypt
Morocco . . .
South Africa
Zaire
,
Oil-exporting countries5
Other
.

4,805
513
491
1 520
36
1,018
1,228

4,865
469
490
1 461
82
1,086
1,276

4,881
483
487
1 458
46
1,141
1,267

4,879
483
495
1 439
47
1,138
1,276

5,092
503
483
1 496
42
1,244
1,324

5,423
605
484
1,693
41
1,275
1,326

5,494
539
481
1,726
38
1,340
1,369

5,462
530
478
1,711
36
1,359
1,348

5,454
535
478
1,693
16
1,388
1,343

5,633
540
476
1,707
17
1,483
1,410

5,629
532
488
1,698
18
1,491
1,402

5,718
507
511
1,681
17
1,523
1,479

Other countries
Australia
All other

2 399
1,418
981

2 363
1,430
932

2 489
1,481
1,009

2 206
1,360
846

2409
1,413
996

2 541
1,678
863

2,404
1,554
850

2,328
1,496
832

2,154
1,389
765

2,728
1,879
849

2,645
1,586
1,059

2,410
1,517
894

2,815

2,382

2,242

1,402

1,402

2,602

2,832

2,453

5,586

3,104

4,809

2,071

.

67 Nonmonetary international and
regional organizations6




145

53. Banks' own claims on foreigners, payable in ILS. dollars, reported by banks in the United StatedContinued
Millions of dollars, end of period
1988

Jan.

Feb.

| Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

j

Dec.

1 Total

424,050 420,571 418,883 441,411 440,067 441,039 426,970 428,973 449,926 462,856 461,156 459,877

2 Foreign countries

421,442 418,723 415,366 435,546 438,905 438,817

422,974 425,583 444,626 459,709 453, 800 456,472

100 863 102 436 99 168 108,172 116,750 114,950
758
637
545
645
746
669
9913
8570
9953
7 600
8 946
8 114
563
593
686
598
516
511
786
1 040
993
1 116 1 036 1 035
12,017
9,067
9 955
9 920 10,813 12,086
2 729
1 729
1 636 1 359 1 488 1 603
459
632
539
638
463
460
7,542
8,429
7,888
7,348
7,011
8,349
2 030
2 041
2 321
3 025
2 931
5 749
741
773
766
667
683
776
659
711
685
745
615
641
1 872
1 522
2 122
1 681
1 817 1 990
2279
2,249
2 392
2 416
2369
2569
2 626
2 427
2 333
2 910
3 593
2639
1 472
1 451
1 579 1 559
1 623 1 780
55,971 56,649 53 875 60,058 64,276 60,397
1 775
1 768
1 840 1 751
1 805
1 757
566
500
455
759
648
493
599
396
401
333
375
357
928
961
1 031 1 065
1 012
978

108,834 104,831 1(16,603 111,630 107,910 102,348
697
785
683
929
927
793
10,294
9,587
9,586 10,147
9,551
9,397
584
848
111
770
861
717
1,037
1,031
1,266
1,089
1,030
1,010
11,678 12,537 * 2,793 14,357 13,525
13,548
2,004
2,104
1,557
2,039
1,328
1,487
436
378
416
432
454
462
6,377
6,529
7,407
6,750
7,286
7,460
4,414
3,062
3,222
3,939
3,788
2,619
722
830
803
812
938
934
645
667
638
570
545
477
1,864
2,037
1,853
1,831
1,950
2,238
2,236
2,429
2,701
2,482
2,595
2,254
2,499
2674
2,615
2825
2 880
2 718
1,753
1,757
1,564
1,681
1,566
1,680
57,343 54,851 55,490 56,597 54,682 50,823
1,764
1 749
1,742
1,740
1,697
I 700
647
548
608
539
662
619
544
473
437
389
420
521
974
958
915
983
892
852

3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23

Europe
Austria
Belgium-Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe2
USSR
Other Eastern Europe3

24

Canada .

25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43

Latin America and Caribbean. . . . 196,079 197,510
12 133 12 231
Argentina
51 783 52 720
Bahamas
415
382
Bermuda
Brazil
26 312 26 497
British West Indies
41,293 41,721
Chile
6502
6 617
Colombia
2 749
2,808
Cuba
10
1
Ecuador
2425
2 419
133
145
Guatemala
Jamaica
200
200
30,445 30,163
Mexico
Netherlands Antilles
962
919
Panama
5,212
5,278
Peru
1 649
1 636
Uruguay
937
932
Venezuela . .
10914 11 070
Other
1,881
1,895

44

56

Asia
China
Mainland
Taiwan
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Middle East oil-exporting
countries4
Other

57
58
59
60
61
62
63
64
65
66

45
46
47
48
49
50
51
52
53
54
55

20 728

19 494

20 053

20 408

199,665
12 145
53 330
532
26 753
43,327
6 446
2 698
6
2 345
135
193
29,746
966
5,500
1 606
959
11 145
1,833

210,516
12 133
62 747
740
26 597
43,859
6 430
2686
9
2 382
120
190
30,224
1 177
5,771
1 608
957
10 987
1 899

88 609

88687

19 501

22356

205,397 204,232
12 339 12233
58 269 56955
592
297
26 337 26 137
45 006
44856
6 340
6 347
2651
2 650
9
o
2 372
2355
115
109
183
185
30,152 30379
1 346
1 047
4989
4 736
1 605
1 575
950
962
10 944 10833
1 888
1 889

18,856

18,582

21,791

21,520

25,397

25,368

201,871 203,645 215,923 218,112 212,937 214,789
12 184 12 315 11 892 12 140 12 075 11 996
53,725 55,705 64,902 63,558 61,379 64,587
387
359
331
418
331
471
26604 27,295 26688 26366 26 028 25 897
45,338 44,080 48,501 52,522 50,221 50,042
6523
6522
6 492
6 391
6 411
6 108
2,742
2,784
2,730
2,730
2,730
2,740
o
o
0
0
0
1
2,397
2,371
2,385
2,396
2,334
2 286
124
107
105
131
145
144
268
203
199
192
185
188
30,351 30,720 30,661 30,306 30,100 29,532
1,076
987
1 034
1 013
1 111
980
4,642
4,631
4,689
4,744
4,588
4,570
1 573
1 556
1 496
1 465
1 329
1 463
956
966
962
961
975
963
11 145 11 204 11 121 11 060 10 947 1 0 843
1,857
1,827
1,894
1,830
1,788
1,738

89540

89589

86,101

91,041

92,816

99,808

99,691 106,096

983
873
1,300
1 360
1,175
2 624
3 282
2 898
2 966
3 595
7 749
8 452
9 267
8 232
7 785
338
314
325
486
379
705
685
662
627
657
1 689 1 536
1 541 1 501 1 450
58 077 55 271 53 132 54 198 55 086
6812
6 218
5 978
5 360
6 085
2,155
2,132
2,284
2,126
2,068
562
497
528
466
546

1 143
3 304
7 854
430
677
1 442
56415
5 374
2,114
540

929
2,487
7 528
416
639
1,412
54 093
4,956
2,213
570

919
2772
6 614
565
624
1,442
60535
4,591
2,151
550

894
3001
6 980
556
622
1 583
59 460
4 617
2,127
458

543
4 224
6 933
527
625
1 321
64936
5 072
2,084
451

870
4 784
7 347
502
601
1 282
64 134
4 982
2,042
444

968
4 592
8 218
510
580
1 363
68 658
5 148
2,071
496

95,826

91,621

5 388
8,074

4 929
6,926

5 170
6,361

4 513
7,157

3 723
7 026

3 g4Q
6456

3 947
6,910

4350
5,931

4880
7,638

5 095
7,994

5 181
7,524

4 818
8,635

Africa
Egypt
Morocco
South Africa
Zaire
Oil-exporting countries^
Other

4 627
577
590
1 534
36
731
1,159

4 683
593
585
1 539
42
750
1 175

4 973
619
584
1 558
42
948
1 223

4 802
575
565
1 578
41
802
1 241

4 879
586
566
1 598
43
841
1 246

4705
600
563
1 501
39
819
1 184

4 706
572
568
1,479
38
866
1,182

4 739
586
603
1,497
35
862
1,156

4 708
541
582
1 508
40
888
1,149

5 376
538
605
1 546
38
1 531
1 118

4 669
526
585
1 494
36
904
1 123

4 742
521
542
1 507
15
1 003
1 153

Other countries
Australia
All other

3 320
2085
1 235

2 980
2 004
976

2 897
2 005
892

2 961
2 077
884

2 838
1 907
931

2 985
1 979
1 006

2 606
1 713
893

2745
1 680
1 065

2 784
1 839
945

3 264
2 037
1 227

3 193
2 094
1 099

3 129
2 100
1 029

2 607

1 848

3 517

5 865

1 162

2 222

3 996

3 390

5 300

3 147

7 357

3 404

67 Nonmonetary international and
regional organizations6

146



54. Banks' own and domestic customers' claims on foreigners, payable in U.S. dollars, reported by banks
in the United States1
Millions of dollars; end of period

Jan.

Feb.

Mar.

Apr.

May

June

July

Type of claim

Aug.

Sept.

Oct.

Nov.

Dec.

1987
1 Total

424,050 420,571 450,303 441,411 440,067 474,099 426,970 428,973 483,736 462,856 461,156 497,635

2 Bank's own claims on foreigners
3 Foreign public borrowers
4 Own foreign offices2
5 Unaffiliated foreign banks
6
Deposits
7
Other
8 All other foreigners

424,050 420,571 418,883 441,411 440,067 441,039 426,970 428,973 449,926 462,856 461,156 459,877
65,286 64,150 65,737 68,937 64,484 64,880 67,209 66,742 68,196 65,653 70,047 64,605
192,024 190,720 190,622 206,967 203,814 205,174 189,295 196,430 210,533 218,953 220,927 224,727
121,587 121,321 117,463 121,093 127,428 126,562 125,302 122,587 128,186 134,548 126,861 127,609
54,957 56,329 54,846 58,218 62,635 61,837 61,173 57,940 60,999 63,734 58,554 60,687
66,630 64,992 62,617 62,875 64,793 64,724 64,128 64,647 67,187 70,814 68,307 66,922
45,152 44,379 45,061 44,414 44,340 44,424 45,164 43,214 43,012 43,702 43,321 42,936

9 Claims of banks' domestic
customers3
10 Deposits
11 Negotiable and readily transferable
instruments4
12 Outstanding collections and other
claims

31,420
3,382

Dollar deposits in banks abroad, reported
by nonbanking business enterprises
in the United States5

21,384

22,006

26,696

8,202

8,636

7,370

25,435

50,497

37,758
3,692

7,488

47,823

33,809
3,168

20,551

MEMO
13 Customer liability on acceptances

33,059
3,474

23,582

21,732

23,107

45,577

46,909

44,781

38,851

41,753

42,763

41,238

43,676

39,769

40,761

1988
1 Total

445,866 442,357 481,144 433,240 452,543 495,021 471,018 468,944 513,497 466,315 486,686 538,607

2 Bank's own claims on foreigners
3 Foreign public borrowers
4 Own foreign offices2
5 Unaffiliated foreign banks
6
Deposits
7
Other
8 AJ] other foreigners

445,866 442,357 444,189 433,240 452,543 459,727 471,018 468,944 477,716 466,315 486,686 491,083
65,302 64,326 63,430 62,728 63,016 64,268 64,393 63,242 65,319 62,184 65,403 62,438
220,516 219,701 223,332 212,702 227,429 231,053 240,436 237,367 246,131 238,178 255,632 257,345
119,737 118,258 117,549 117,237 122,262 123,325 127,008 127,872 124,469 121,985 123,213 129,413
54,919 55,440 55,430 55,867 57,718 58,756 60,026 60,557 60,923 54,084 55,777 65,819
64,818 62,818 62,119 61,370 64,543 64,569 66,982 67,314 63,547 67,901 67,436 63,594
40,311 40,071 39,877 40,572 39,837 41,081 39,181 40,463 41,797 43,967 42,438 41,886

9 Claims of banks* domestic
customers3 ...
Deposits
Negotiable and readily transferable
instruments*
12 Outstanding collections and other
claims

36,955
5,011

Dollar deposits in banks abroad, reported
by nonbanking business enterprises
in the United States5




43,709

47,524
8,289

23,982

20,896

25,700

6,468

9,494

13,535

18,709

38,325

35,781
5,391

8,625

MEMO
13 Customer liability on acceptances

35,294
4,843

23,319

10
11

19,648

18,759

19,556

38,059

42,976

44,911

43,408

47,514

50,621

43,676

42,914

49,783

43,360

147

55. Banks' own claims on unaffiliated foreigners, payable in U.S. dollars, reported by banks
in the United States1
Millions of dollars, end of period

1987

1986

1988

Dec.

Mar.

June

Sept.

Dec.

Mar.

June

Sept.

Dec,

1 Total

232,295

226,852

234,611

237,459

235,130

219,58?

228,219

230,401

233,152

By borrower
2 Maturity of 1 year or less^
3 Foreign public borrowers
4 All other foreigners

160,555
24,842
135,714

155,620
25,836
129,783

165,105
23,844
141,261

167,079
27,355
139,724

163,997
25,889
138,108

152,990
26,291
126,699

163,762
27,551
136,211

167,956
29,389
138,567

172,571
26,581
1145,990

5 Maturity of over 1 year2
6 Foreign public borrowers
7 All other foreigners

71,740
39,103
32,637

71,233
38,471
32,762

69,506
39,310
30,196

70,381
39,372
31,009

71,133
18,625
32,507

66,595
35,94^
30,652

64,456
35,792
28,664

62,444
35,156
27,288

60,581
35,067
25,514

61,784
5,895
56,271
29,457
2,882
4,267

58,227
5,776
54,029
29,546
3,154
4,887

67,985
5,677
54,821
30,199
2,960
3,463

62,905
5,894
58,430
31,593
2,874
5,383

59,027
5,680
56,535
35,919
2,833
4,003

51,7(K
4,935
55,4%
35,533
2,596
2,736

55,971
6,664
56,219
38,902
2,914
3,092

54,283
6,410
55,552
42,375
3,120
6,216

56,037
6,283
57,867
46,160
3,336
2,888

6,737
1 925
56,719
4,043
1,539

6,737
1 848
56,297
4,145
1,630

6,468
1 619
55,672
3,617
1,513

6,726
1 579
55,143
3,508
1 623
1,801

6,696
2,661
53,817
3,830
1,747
2,381

5,864
2,202
51,558
3,668
2,201
1,107

5,315
2333
49,755
3,622
2,433

5,306
2051
48,274
3,933
2,257

4,682
11,922
47,572
3,603
2,301

8
9
10
11
12
13

By area
Maturity of 1 year or less2
Europe
Canada
Latin America and Caribbean
Asia
Africa 1
All other

14
15
16
17
18
19

Maturity of over 1 year2
Europe
Canada
Latin America and Caribbean
Asia
Africa
All other3

111

575

617

998

625

501

56. Liabilities to and claims on foreigners, payable in foreign currencies, reported by banks
in the United States1
Millions of dollars, end of period

1987

1986

1988

Dec.

Mar.

June

Sept.

Dec.

Matf.

June

Sept.

1 Banks* own liabilities

29,702

37 946

39 381

46 213

55,438

58 306

56570

65 148

74 776

2 Banks* own claims
3 Deposits
4 Other claims
5 Claims of banks' domestic customers2

26 180
14,129
12052
2,507

34785
15,694
19 091
2,012

34952
12,754
22 198

42 031
15 285
26746
1 067

51 271
18,861
32410

54 606
19,650
34 955

52 914
18,790
34 124
1 004

63 465
22 S94
40 871
135

68 988
2<5,]15
43 874
364

923

551

BIO

j

Dec.

57. Foreign official assets held at Federal Reserve Banks, 19881
Millions of dollars, end of period
Assets
1 Deposits . .
Assets held in custody
2 U S Treasury securities2
3 Earmarked gold3

148



Jan.

353

Feb.

343

Mar.

534

Apr.

215

May
297

June

381

July

269

Aug. | Sept.

230

338

Oct.

301

Nov.

251

Dec.

347

206 675 215 308 222 407 224 725 226 341 223 127 223 296 221 715 221 119 226 533 229 926 ?1() gf,Q
13,824
13,654
13,773
13,719
13,666
13,658
13,653
13,800
13,662
13,637
13 640 13,636

58. Marketable U.S. Treasury bonds and notes—Foreign transactions
Millions of dollars
1987

Country or area
Year

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug. Sept.

Oct.

Nov. Dec.

Transactions during period1, net purchases or sales (—)
1 Estimated total2
2 Foreign countries2
3 Europe2
4
Belgium-Luxembourg
5
Germany2.
6
Netherlands
7
Sweden
,
8
Switzerland2 „
9
United Kingdom
10
Other Western Europe
11
Eastern Europe
12 Canada
13 Latin America and Caribbean
14
Venezuela
Other Latin America and Caribbean
15
Netherlands Antilles
16
17 Asia
18
19 Africa
20 All other

25,587

,
,
,
,
,

.

-451

565
30,889
23,716 1,376
653
59
13,330
581
-913 -366
210 -229
1,917 -135
3,975 1,227
236
4,563
3
-19
846
4,526
-2,192 -1,000
-33
150
-1,142 -439
-1,200 -528
4,488 -943
868
-76
-56
6
407
280

149 6,992 -3,196
1,852 4,102
1,751 5,829
_44
211
1,118 2,141
41 -212
440
334
473 1,641
-15
329
-518 1,640
0
0
-416
709
-291
-62
102
18
373 -156
-682
-8
1,237 • -2,379
1,767 -2,457
-34
-27
-396
32

21 Nonmonetary international and regional
organizations
22 International
23 Latin American regional

-5,300 -1,016 -1,703
-4,387 -1,070 -1,704
3
0
0

MEMO
24 Foreign countries2 ...
25 Official institutions.
26 Other foreign2

30,889
31,064
-181

565
1,477
-912

-3,142
16

-742 -962
1
1

27
28

Oil-exporting countries
Middle East3...
Africa4

-1,406
375
-35
1,106
-22
32
652
-1,089
-230
-40
703
-30
14
-176
133
-2,880
-2,561
-15
442

-284 12,281
3,729
1,694
2
1,417
352
-166
413
-524
198
1
37
-381
11
-302
-90
2,136
-541
11
233

2,891 -1,790 -4,013
2,841 -1,552 -3,147
11
0
0

1,852 4,102 -1,406
834 5,906 2,489
1,018 -1,805 -3,895

225
17

-120
0

8,646
3,640
58

1,534
111
-183
585
617
913
5
413
780
-17
-514
1,311
3,531
4,199
-18
300

6,380

2,507

704 -5,497 7,676
3,610 2,787
4,453 =1,007 -1,167 -954 6,340
-2
-25
165
-2
366
130
31 1,820
1,516
780
204 -254 -296 -707
314
76 -153 -156
4
182
512 -688
-99 -609 -297
1,105 =431 -985 -642 3,163
1,042 -631
259
804 1,158
5
0
3
0
4
654
203 -389
378
679
-29 -117
472
-673 -675
55
-63
-4
30
35
15
-49 -155 -227
367
72
173
-684 -656
69
-676 4,318 1,762 =5,304 1,476
799 =5,272 1,757
-597 1,839
3
2
20
-24
-29
-68 1,263 -1,260
-168 -204

807

1,110

523 -1,232

4,121
1,387
-103
1,157
-78
28
-530
1,220
-=307
1
711
-188
1
120
-309
2,210
2,012
49

3,635 -2,802 -1,677 -180
3,517 -2,875 -1,722
111
3
0
0 - 1 0

-48

4,265 -1,296 -1,614
4,326 -1,492 -1,620
0
0
0

3,729 8,646 3,610 2,787
704 -5,497
4,447 3,719 2,251 2 6 2 1,341 2,466
,1
-718 4,927 1,358 175 -637 -7,965

7,676
1,854
5,822

4,121
1,670
2,451

-695
-1

-891
-1

338
-1

636
0

-857
1

107
0

329 -509
0
0

906

-379 -1,934

1988
2

1 Estimated total

48,884

4,634 12,115

2 Foreign countries2
3 Europe2
Belgium-Luxembourg
Germany2
Netherlands
Sweden
Switzerland2
United Kingdom
Other Western Europe
Eastern Europe
Canada
Latin America and Caribbean
Venezuela
Other Latin America and Caribbean .
Netherlands Antilles
Asia
Japan
Africa
All other

48,187
14,343
923
-5,268
-356
-323
-1,074
9,674
10,776
-10
3,761
703
-109
1,120
-308
27,606
21,752
-13
1,786

5,730 12,863 9,018
4,377 5,878 3,471
454
242
469
919
3,045 1,397
378
-337
334
-61
26 -245
184 -1,188
643
-101 4,373 -244
678 1,570
1,169
-3
16
9
372
559
356
628
153
198
20
-1
0
168
318
117
10
311
36
772 5,955 5,464
2,979 4,996 4,330
5
25
-38
110 -182 -492

21 Nonmonetary international and regional
organizations .,
22 International —
23 Latin American regional
MEMO
24 Foreign countries2 ...
25 Official institutions.
26 Other foreign 2 ......
27
28

Oil-exporting countries
Middle East 3 .........
Africa4




1,963
1

3,435 11,062 -2,161

2,193 8,648

384

8,303
1,776
133
-966
135
355
-411
1,953
577
-2
-368
582
0
506
77
6,869
4,224
-8
-548

2,384

3,730
2,332
47
1,576
117
-93
344
97
238
5
133
76
15
97
-36
714
687
0
475

9,972 -3,336 2,153 -129 -2,256 -244
3,108 =3,226 -1,460 -836 -1,233 -175
—3
122 -209 -333
159
-68
277
79 -4,241 -4,240 -2,020 -720
41
312 -346
-22 -796
-58
175 -121 -162
104 -232 -187
87
344 =1,355
-51
654
-309
416 2,023 -1,019
837
47
1,523
615
803 -663
1,560 1,420 1,755
14
-10
-7
0
-9
-10
633
1,415
669 -314 -315 -167
272 -574
1 -308
360 -580
1
-17
-2 -128
2
1
288 -331
58 -287
63
-17
1 -244
108
-55
376 -645
933 -1,351 -107
4,476 -381 3,242
220
-52 3,006 1,540 =2,841
2,820
0
31
-1
5
-10
-13
-21
193
694
391
183
626

330

-90
-374
-114
118
-18
-232
1,054
-15
788

-104
0
140
-244
1,021
-157
-7
358

345 -2,000
489 -2,019
10
10

-748
-879
-2

963
968
-5

-295
-334
0

1,090 1,174 -1,246
1,155 1,546 -1,137
-14
7
-38

322
294
0

2,438
2,365
0

5,730 12,863
5,118 7,169
612 5,694

9,018
8,135
883

3,730
3,075
655

9,972 -3,336 2,153 -129 ^2,256
5,062 -1,658 -2,362 -1,450 -1,481
4,910 -1,678 4,514 1,320 -776

-244
577
-821

8,303
2,196
6,106

2,384
2,243
141

578
0

514
0

-182 -1,023
0
0

2,119
0

1,090
0

700 -1,095
1,142 -1,023
8
-31

48,187
26,624
21,560

9,980

-809
0

-265
0

-613
0

-201
0

291
0

-248
-282

464
0

149

59. Foreign transactions in securities
Millions of dollars

1987
Transactions, and area or country
Year

Jan.

Feb.

Mar.

Apr.

May

June

Aug.

Sept.

Oct.

Nov. 1 Dec.

23,665
21,903

24,807
24,57£

22,529
19,455

30,244
27,784

13,627
20,325

July

U.S. corporate securities
STOCKS
1 Foreign purchases
2 Foreign sales

249,122 17,654
232,849 15,989

20,748
17,663

23,085
18,031

20,788
17,451

19,649
15,972

18,698
17,067

13,627
16,630

3 Net purchases, or sales (— )

16,272

1,665

3,085

5,054

3,337

3,677

1,631

1,762

221

3,074

2,460 -6,698 -3,004

4 Foreign countries

16,321

1,745

3,185

5,017

3,275

3,713

1,676

1,748

126

2,984

2,445 -6,650 -2,943

1,932
905
=70
892
= 1,123
631
1,048
1,318
=1,360
12,896
11,365
123
365

1,072
140
62
65
101
647
90
308
136
91
57
=1
49

1,779
442
16
91
100
994
=130
331
= 175
1,153
1,027
15
212

1,839
656
19
69
177
780
337
372
-230
2,638
2,413
1
61

1,058
331
-101
124
306
212
246
36
21
1,790
1,489
59
65

1,474
123
118
120
351
670
49
363
-90
1,686
1,632
45
185

669
107
-155
232
=206
671
=241
296
=26
1,009
977
= 30
=1

719
66
-96
153
-80
635
253
387
-913
1,290
1,096
-14
27

106
-<?9
78
135
=325
150
= T'7
188
=255
1?:.
=222
16
-63

1,352
= 15
-12
79
435
810
=52
157
135
1,242
1,049
20
132

143 -5,948 -2,329
58
-541
-393
384
-183
-149
-40
-169
34
294 -1,534
-743
=624 -3,356
-959
252
169
111
=510
=560
-50
569
=83
-448
2,014
=28 =160
1,705
73
68
7
H
-6
=30
=211
=61

-48

-80

-100

37

62

-36

-45

14

102

90

15

-48

-61

105,856
78,312

9,309
7,184

8,305
5,887

12,127
8,279

9,858
6,521

8,972
6,858

10,432
8,316

9,414
6,538

7,093
5,697

8,662
4,929

9,158
7,285

5,716
5,387

6,807
5,432

5 Europe
6 France
7 Germany
. .
8 Netherlands
9 Switzerland
10 United Kingdom
11 Canada
12 I^atin America and Caribbean
13 Middle East1
14 Other Asia
15 Japan
16 Africa
17 Other countries
18 No n monetary international
and regional organizations
BONDS2

19 Foreign purchases
20 Foreign sales
21 Net purchases, or sales (—)

27,544

2,124

2,419

3,848

3,337

2,113

2,116

2,875

1,402

3,733

1,873

328

1,375

22 Foreign countries

26,804

2,213

2,179

3,995

3,118

2,243

2,025

2,867

1,561

3,693

1,863

71

975

23
24
25
26
27
28
29
30
31
32
33
34
35

Europe
France
Germany
Netherlands
Switzerland
United Kingdom
Canada
Latin America and Caribbean
Middle East1
Other Asia
Japan
Africa .
.
Other countries

21,989
194
33
269
1,587
19,770
1,296
2,857
= 1,314
2,021
1,622
16
=61

1,368
6
-213
=7
66
1,385
-103
36
77
850
809
0
= 16

1,401
17
145
=29
78
1,177
364
120
= 180
489
462
1
16

3,602
81
198
69
558
2,936
190
96
-73
199
297
3
22

2,844
=-22
= 121
47
51
2,819
161
323
-339
128
-73
1
0

1,655
7
-29
38
181
1,518
23
327
-87
325
221
7
-6

2,266
43
80
37
105
1,857
49
52
=240
™H8
=146
8
8

2,322
64
116
=65
245
1,891
87
333
=222
329
302
1
15

1,628
26
-22
44
248
1,387
-8
46
= 16
-92
= 95
- 17
20

3,006
=37
=74
116
166
2,704
47
649
-21
19
=2
-6
_1

912
55
108
36
136
1,012
305
568
-46
109
25
24
=9

408
-34
-26
= 16
=39
370
68
0
= 122
=239
= 178
= 10
-33

576
-13
87
1
-208
713
114
306
-45
21
1
3
0

36 Non monetary international
and regional organizations

740

-88

239

-147

219

-130

91

9

-159

40

10

257

400

-'U-;.g
2,088
708
480
8.H01 8,829 12,994 7,607
9,199 8,349 10,906
6,898
-253
-681 -2,597 -1,998
12,378 13,031 18,119 17,753
12,631 13,712 20,715 19,751

841
4,905
4,064
1,483
12,331
13,814

Foreign securities

1,081 -215
37 Stocks, net purchases, or sales (=) . . .
38 Foreign purchases
95,458 4,992
94,377 5,207
39 Foreign sales
40 Bonds, net purchases, or sales (— ) . . . =7,946
240
41 Foreign purchases
199,089 11,489
42 Foreign sales
207,035 11,248

=598
7,253
7,850
-79
15,858
15,937

-781 -1,256
608 -302
7,154
7,220
8,098 8,874
7,935
8,477
7,490 9,176
=829 -1,231 2,249
=668
16,662 19,071 20,179 25,839
17,330 19,900 21,410 23,589

=94
8,731
8,826
-617
16,380
16,996

43 Net purchases, or sales (— ), of
stocks and bonds

-6,865

25

-676

-1,449 -2,085

-623

1,947

-711

-651

44 Foreign countries

-6,757

-78

-748

-1,714 -2,156

-641

1,905

-437

-1,245

-756 = 2,829 =2,013
238
=37
-420
259
204
-416
280
551 1,618
-1
8
20
= 108
-50
583

=53
-490
106
2,460
6
= 124

-608
-616
-62
1,069
5
-226

-889
-531
83
235
5
-148

-512
-274
=20
85
14
224

43

-274

5J4

282

45
46
47
48
49
50

Europe
Canada
Latin America and Caribbean
Asia
Africa.
Other countries

-12,101
=4,072
828
9,299
89
-800

51 Nonmonetary international
and regional organizations

-108

150



-247 -1,204
=427
610
104
389
918
169
4
0
34
43
103

72

265

71

18

-201
-483

-509

-1,289

-642

288 -1,120

-328

-926 -1,578
-39
-498
-152
329
422
1,331
16
3
59
201

485
107
2
160
10
121

-J69

-314

-797

59. Foreign transactions in securities—Continued
Millions of dollars

1988
Transactions, and area or country
Year

Jan.

Feb.

Mar.

Apr.

May

June 1 July

Aug.

Sept.

Oct.

Nov.

17,360
16,704

11,971
12,565

13,232 11,973
14,852 11,861

Dec.

U.S. corporate securities
STOCKS
1 Foreign purchases
2 Foreign sales
,

181,048 12,923 16,343
183,039 12,891 16,721

18,068 15,084
18,489 13,705

13,655
14,723

20,007 19,207
19,678 18,383

11,224
12,467

3 Net purchases, or .sales ( — )

-1,991

32

-378

-421

1,379

-1,068

329

823

657

-594

-1,620

4 Foreign countries

-1,816

64

-345

-451

1,363

-975

287

792

633

-567

-1,507

-3,353
-281
218
-535
-2,242
-954
1,087
1,249
-2,473
1,365
1,922
188
121

-222
-96
67
-72
-110
-136
147
-143
104
159
228
7
12

-324
-29
-37
59
-252
131
-167
260
-251
69
140
-18
85

-367
-7
164
-223
-32
-331
-61
98
-791
581
704
5
84

503
—1
104
145
-7
439
241
255
39
372
262
19
-67

1 150
-153
-66
-43
-247
-710
102
-82
62
106
85
23
-35

33
121
-36
-56
-204
146
-172
-116
549
1,039
1,187
3
51

226
-34
-3
20
-90
253
58
58
159
518
475
78
13

372
21
9
-5
-37
319
162
159
91
-228
-282
41
36

-625
38
-19
56
-506
241
44
310
191
-128
23
5
19

-128
89
107
17
-217
-41
116
374
-846
-693
626
5
-102

-901
-49
-20
-30
-268
-579
576
98
151
138
133
21
6

-771
-64
-53
-1
273
-424
274
-21
-132
=-567
-407
—1
19

-176

»32

-33

30

16

-92

42

31

23

-28

-112

23

-45

19 Foreign purchases
20 Foreign sales
,

86,362
58,301

5,024
5,193

6,451
6,039

7,799
5,594

5,618
4,433

7,810
3,700

8,341
4,590

8,277
5,064

5,966
4,194

7,450
5,583

7,552
4,674

7,650
4,795

8,423
4,441

21 Net purchases, or sales (— )

28,062

-169

412

2,206

1,185

4,110

3,751 3,213

1,772

1,866

2,878

2,856

3,982

22 Foreign countries . . „

28,604

458

530

2,201

1,186

4,080

3,569 3,185

1,788

1,802

3,002

2,825

3,978

23
24
25
26
27
28
29
30
31
32
33
34
35

17,338
143
1,344
1,514
513
13,088
711
1,930
-178
8,900
7,686
-8
-89

254
51
61
-13
-75
333
29
-7
-157
344
245
0
-4

263
13
118
-1
60
49
-29
290
-28
64
63
-22
-8

1,462
57
260
30
-14
976
87
248
138
273
227
3
-11

658
7
347
58
-15
228
104
96
-54
373
336
4
5

2,074
-18
11
180
152
1,705
98
141
-4
1,755
1,641
-2
17

2,203
15
226
55
71
1,738
216
174
124
1,091
1,049
4
5

1,744
-7
8
17
139
1,685
130
254
106
1,152
1,035
0
10

1,432
5
166
41
84
1,138
27
194
86
254
178
1
33

1,107
90
160
415
97
289
-155
45
-14
916
575
1
-98

2,341
45
34
545
175
1,339
20
198
-45
485
381
4
-1

1,240
13
-122
171
-13
1,141
5
58
143
1,353
1,210
-1
26

2,560
-130
75
17
273
2,468
178
240
159
840
746
0
2

-542

-627

-119

5

-1

31

182

28

-15

64

-124

31

3

-184 -122
6,415 7,146
6,598 7,268
-699 -527
17,032 19,524
17,732 20,051

-202
6,019
6,221
-472
17,204
17,676

5
6
7
8
9
10
11
12
13
14
15
16
17

Europe
France
Germany
.
Netherlands
Switzerland
United Kingdom
Canada
Latin America and Caribbean
Middle East1
Other Asia
Japan
Africa
Other countries

18 Nonmonetary international
and regional organizations

112 -1,243
89 -1,198

2

BONDS

Europe..
France
Germany
Netherlands
Switzerland
United Kingdom
Canada .
. . . .
Latin America and Caribbean
Middle East1
Other Asia
Japan .
Africa
Other countries
. ..

36 Nonmonetary international
and regional organizations

Foreign securities
37 Stocks, net purchases, or sales ( — ) . . .
38 Foreign purchases
39 Foreign sales
40 Bonds, net purchases, or sales (— )
41 Foreign purchases
42 Foreign sales . . . „
43 Net purchases, or sales (— ),

-753
-683
337
498
-1,901
6,699 5,805
75,203 4,993 5,722
6,405
7,453 5,469
77,104 4,495
-9,869 -1,335 -1,307 -1,178 -136
217,648 12,812 15,950 16,563 15,593
227,517 14,147 17,257 17,742 15,729
-11,770

-837 -1,990 -1,932

-3,722

347 -2,916

-476 -1,543
392
-658
-32
23
-189
338
18
-33
-461
52

1,457

-794

-624

642 -1,189
162
-190
322
281
552
665
1
-1
-248
-9

-491
-319
-48
376
11
-153
-26

30

-12,251

-892 -2,021 -1,974

145

-327 -1,518 -1,540
-368
-654
-648
-62
134
114
36
-197
-178
48
3
9
-70
169
163

464
406
538
-422
14
43

51 Nonmonetary international
and regional organizations

481

42

56




-554

-450 -2,881
=273
-730
271
-120
204
-28
28
-189
121
-230

-649

-10,205
-3,799
1,386
987
-54
-567

31

-703
-894
216
-34
-169
37
143

-883

Europe
Canada .
Latin America and Caribbean
Asia
Africa
Other countries

216

-89

383 -2,822

-3,672

1,673

44 Foreign countries

-66
-237 -1,102
-233
5,103
7,472
6,107 7,745
8,573
5,169
6,340 7,982
-502 -3,440
620 -1,720
25,377 20,697 21,258 20,510
25,880 24,137 20,637 22,230

-569

-673

201

45
46
47
48
49
50

55

846
5,976
5,130
828
15,127
14,300

-14

49

36

94

151

60. Liabilities to unaffiliated foreigners, reported by nonbanking business enterprises in the United States
Millions of dollars, end of period

1985
Type, and area or country

1986

Dec.

Mar.

June

Sept.

Dec.

1 Total

27,825

26,647

25,465

26,429

25,587

2 Payable in dollars
3 Payable in foreign currencies

24,296
3,529

22,708
3,939

21,524
3,941

22,432
3,997

21,749
3,838

By type
4 Financial liabilities
5 Payable in dollars
6 Payable in foreign currencies

13,600
11,257
2,343

13,318
10,869
2,448

12,185
9,839
2,346

13,501
11,071
2,430

12,133
9,609
2,524

7 Commercial liabilities
8 Trade payables
9 Advance receipts and other liabilities..

14,225
6,685
7,540

13,329
5,618
7,711

13,280
5,672
7,609

12,929
5,728
7,201

13,454
6,450
7,004

13,039
1,186

11,839
1,490

11,685
1,595

11,361
1,567

12,140
1,314

7,700
349
857
376
861
610
4,305

7,757
460
851
327
754
662
4,337

7,503
412
686
280
765
532
4,507

8,907
448
501
319
741
567
5,880

7,917
270
661
368
542
646
5,1140

839

832

367

362

399

10
11

12
13
14
15
16
17
18

Payable in dollars
Payable in foreign currencies
By area or country
Financial liabilities
Europe
Belgium-Luxembourg
France
Germany
Netherlands
Switzerland
United Kingdom

19

Canada

20
21
22
23
24
25
26

Latin America and Caribbean
Bahamas
Bermuda
Brazil
British West Indies
Mexico
Venezuela

3,184
1,123
4
29
1,843
15
3

2,810
958
4
26
1,639
20
3

2,463
854
14
27
1,426
30
3

2,283
842
4
2B
1,291
18
5

1,944
614
4
32
1,146
22
(I

27
28
29

Asia
Japan
Middle East oil-exporting countries1

1,815
1,198
82

1,874
1,267
78

1,735
1,264
43

1,881
1,446
3

1,805
1,398
8

30
31

Africa
Oil-exporting countries2

12
0

12
0

12
0

4
2

I

32

Mother 3

50

32

104

63

404
,7
62
453
607
364
379
976

3,925
66
382
546
545
261
957

3,780
58
358
556
553
284
865

4,344
75
370
633
581
361
1,142

4,446
10 L
352
715
424
385
1,341

1,449

1,445

1,365

1,313

1,40,5

1,088
12
77
58
44
430
212

1,107
26
218
64
7
256
364

1,242
10
294
45
35
235

848
37
172
44
45
197
207

924
32
156
61
49
217
216

6,046
1,799
2,829

5,384
2,039
2,171

5,274
2,100
1,985

4,856
2,137
1,507

5,080
2,042
1,679

33
34
35
36
37
38
39

Commercial liabilities
Europe
Belgium-Luxembourg
France
Germany
Netherlands
Switzerland
United Kingdom

40

Canada

41
42
43
44
45
46
47

Latin America and Caribbean
Bahamas
Bermuda
Brazil
British West Indies
Mexico
Venezuela

48
49
50

Asia
Japan
Middle East oil-exporting countries1 .

51
52

Africa ...:
Oil-exporting countries2

587
238

486
148

567
215

585
176

619
197

53

All other3

982

983

1,053

982

980

152



,
,

60. Liabilities to unaffiliated foreigners, reported by nonbanking business enterprises
in the United States—Continued
Millions of dollars, end of period
1987

1988

Mar.

June

Sept.

Dec.

Mar.

June

Sept.

Dec.

27,351

28,844

28,571

28,303

29,792

30,283

32,244

33,013

2 Payable in dollars
3 Payable in foreign currencies

23,156
4,194

24,353
4,492

24 006
4,565

22,785
5,518

24339
5,453

25 131
5,152

27,215
5,029

27,817
5,196

By type
4 Financial liabilities
.
5 Payable in dollars
6 Payable in foreign currencies . .

13,005
10 232
2,773

13,922
10 985
2937

12 936
9 945
2 991

12,424
8 643
3,781

14 139
10 472
3 667

14070
10560
3 510

14,953
11 558
3,395

14 753
11 266
3,487

7 Commercial liabilities
8 Trade payables
9 Advance receipts and other liabilities

14,346
7,033
7,313

14923
7,286
7 637

15 635
7,548
8 086

15,878
7,305
8 573

15 653
6,454
9200

16,213
6,768
9446

17,291
6,479
10,812

18260
6,247
12014

10 Payable in dollars
11 Payable in foreign currencies

12,924
1,422

13,368
1,555

14 061
1,574

14,142
1,737

13 867
1,786

14571
1,642

15,657
1,635

16,551
1,709

By area or country
Financial liabilities
Europe
Belgium-Luxembourg
France
Germany
Netherlands
Switzerland . .
.
United Kingdom

8 273
232
758
463
533
663
5 365

9556
257
822
423
512
655
6 646

9 162
230
615
505
505
685
6 357

8 320
213
364
551
884
558
5 557

9 377
251
390
553
1 008
691
6 301

9 215
279
353
503
880
638
6390

10 353
336
354
488
1,014
734
7,257

9 559
287
249
548
897
1,163
6268

431

441

397

360

394

403

421

638

998
280
0
22
618
17
3

1 189
318
0
25
778
13
0

1 452
289
0
0
1,099
15
2

1 448
250
0
0
1,154
26
0

1,057
238
0
0
812
2
0

1,239
184
0
0
645
1
0

1 Total

12
13
14
15
16
17
18

„

.

|

19

Canada

20
21
22
23
24
25
26

Latin America and Caribbean
Bahamas
Bermuda
Brazil
British West Indies
Mexico
„
Venezuela . . «

2 349
669

26
1,528
30
0

1 727
398
0
22
1,206
29
2

27
28
29

Asia
„
Japan
.
Middle East oil-exporting countries1

1,882
1,480
7

2,131
1,751
7

2,300
1 830
7

2,452
2,042
8

2,836
2,375
11

2,928
2,331
11

3,116
2,462
4

3,313
2,563
3

30
31

Africa
Oil-exporting countries2

3
1

1
0

2
0

4
1

5
3

2
1

3
1

1
0

32

All other3

67

66

76

100

75

74

3

2

4,498
85
380
583
356
484
1,309

4,966
111
423
589
324
557
1,380

4,951
59
437
674
336
556
1,473

5,505
132
426
908
423
559
1,588

5,619
154
414
810
457
527
1,722

5,722
147
408
791
508
482
1,771

6,687
205
438
1,185
647
486
2,105

7,274
169
455
1,684
590
410
2,032

33
34
35
36
37
38
39

Commercial liabilities
Europe
Belgium- Luxembourg
France
Germany
Netherlands
Switzerland
United Kingdom

o

40

Canada

1,367

1,371

1,399

1,301

1,392

1,167

1,109

1,207

41
42
43
44
45
46
47

Latin America and Caribbean ....
Bahamas
Bermuda
Brazil
British West Indies
Mexico
Venezuela

1,128
28
325
82
93
189
223

1,069
13
266
88
67
214
203

1,082
22
252
40
47
231
176

864
18
168
46
19
189
162

980
19
325
59
14
164
122

1,035
61
272
54
28
233
140

997
19
222
58
30
177
204

999
45
184
91
31
179
176

48
49
50

Asia
Japan
Middle East oil-exporting countries1

5,814
2,468
1,943

5,919
2481
1,867

6 511
2 422
2,104

6,565
2,578
1,964

5,883
2508
1,062

6,279
2,659
1,320

6,627
2,763
1,298

6,899
3,087
1,386

51
52

Africa
.
Oil-exporting countries2

520
170

524
166

572
151

574
135

575
139

626
115

465
106

564
201

53

All other3

1,019

1,074

1,119

1,068

1,204

1,383

1,407

1,317




„

153

61. Claims on unaffiliated foreigners, reported by nonbanking business enterprises in the United States1
Millions of dollars, end of period
Type, and area or country

1985
Dec.

Mar.

June

Sept.

Dec.

1 Total

28,876

31,520

33,973

34,157

36,265

2 Payable in dollars
3 Payable in foreign currencies

26,574
2,302

29,332
2,187

31,785
2,187

31,446
2,711

33,867
2,399

By type
4 Financial claims
5 Deposits
6
Payable in dollars
7
Payable in foreign currencies

18,891
15,526
14,911
615

22,132
18,633
18,176
457

24,819
21,401
20,846
555

24,833
18,953
18,389
565

26,273
19,916
19,331
585

3,364
2,330
1,035

3,499
2,406
1,093

3,418
2,397
1,021

5,880
4,506
1,374

6,357
5,005
1,352

11 Commercial claims
12 Trade receivables
13 Advance payments and other claims...

9,986
8,696
1,290

9,387
8,087
1,300

9,153
7,768
1,385

9,324
8,079
1,245

9,992
8,783
1,209

14
15

9,333
652

8,750
637

8,542
611

8,551
773

9,530
462

6,929
10
184
223
161
74
6,007

7,319
10
217
174
161
166
6,331

10,254
11
257
148
112
167
9,328

10,545
67
418
129
73
138
9,478

10,744
41
138
116
151
185
9,855

8
9
10

16
17
18
19
20
21
22

Other financial claims
Payable in dollars
Payable in foreign currencies

Payable in dollars
Payable in foreign currencies
By area or country
Financial claims
Europe
Belgium-Luxembourg
France
Germany
Netherlands
Switzerland
United Kingdom

23

Canada

3,260

4,020

4,422

3,970

4,808

24
25
26
27
28
29
30

Latin America and Caribbean
Bahamas
Bermuda
Brazil
British West Indies
Mexico
Venezuela

7,846
2,698
6
78
4,571
180

10,073
3,516
2
77
6,034,
178
43

9,258
3,315
17
75
5,402
176
42

9,438
2,806
19
105
6,060
173
40

9,291
2,628
6
86
6,078
174
21

31
32
33

Asia
Japan
,
Middle East oil-exporting countries2 ,

731
475
4

619
350
2

776
499
2

715
365
2

1,317
999
7

34
35

Africa
Oil-exporting countries3

103
29

87
27

89
25

84
18

85
28

36

Allother 4

21

14

20

81

28

3,533
175
426
346
284
284
898

3,390
148
384
399
221
247
795

3,274
131
392
412
203
228
671

3,389
125
415
401
157
233
874

3,725
133
431
444
164
217
999

37
38
39
40
41
42
43

Commercial claims
Europe
Belgium-Luxembourg
France
Germany
Netherlands
Switzerland
United Kingdom

44

Canada

1,023

1,061

968

960

934

45
46
47
48
49
50
51

Latin America and Caribbean
Bahamas
Bermuda
Brazil
British West Indies
Mexico
Venezuela

1,753
13
93
206
6
510
157

1,592
27
82
217
7
388
172

1,605
24
148
187
29
324
181

1,686
29
132
202
23
317
192

1,857
28
193
234
39
412
237

52
53
54

Asia
Japan
*
Middle East oil-exporting countries2 .

2,982
1,016
638

2,609
801
630

2,623
846
668

2,588
797
682

2,755
881
563

55
56

Africa
Oil-exporting countries3

437
130

491
167

451
170

470
168

500
139

57

Allother 4

257

244

233

231

222

154




61. Claims on unaffiliated foreigners, reported by nonbanking business enterprises
in the United States1—Continued
Millions of dollars, end of period

1987

19 88

Mar.

June

Sept.

Dec.

Mar.

June

Sept.

Dec.

1 Total

37,042

33,602

33,265

30,942

31,067

37,633

37,415

31,882

2 Payable in dollars
3 Payable in foreign currencies

34360
2,682

30 621
2,981

30,705
2,561

28,469
2,473

28993
2,074

35 593
2040

34 984
2 431

29 622
2,260

27,144
19 525
18,654

870

23,677
16 002
14,764
1,238

22,847
17,274
16,366

20,341
14953
13,813
1,140

20,304
12 693
12,105

26,265
19 551
18822

26,327
19 127
18 180

947

20,233
14 556
13525
1,031

7,619
6 271
1 349

7,674
6 393
1 282

5,572
4,448
1,124

5,388
4 574

814

7,612
6 491
1 120

6,714
5 819

7 200
6 257

5,677
4 953

11 Commercial claims
12 Trade receivables
13 Advance payments and other claims

9 898
8,823
1,075

9 925
8,863
1,062

10,419
9,420

999

10,600
9,535
1,065

10 763
9,650
1,113

11 367
10,332
1,036

11 088
10,103

985

11 649
10,574
1,075

14
15

9,435

9,464

10,081

10,952

10,546

11,144

461

9,891

10,397

463

11 263

11 468

6
169
97
140
98

10,785

9,523

9812

11 514

10534

9,867

15
181
169
132
77

By type
5
6
7

Deposits
Payable in dollars
Payable in foreign currencies

8
9
10

Other financial claims
Payable in dollars
Payable in foreign currencies

16
17
18
19
20
21
22

Payable in dollars
Payable in foreign currencies
By area or country
Financial claims
Europe
Belgium-Luxembourg
France
Germany
Netherlands «,
Switzerland
United Kingdom

908

528

26
171
103
157
44

519

7
332
103
351
65

588

366

15
308
95
335
54

730

895

415

16
181
169
336
105

942

542

49
278
123
359
84

724

505

10
224
138
345
215

10,321

10,745

10,074

8,455

8,790

10,428

9,311

8,578

23

Canada

4,799

3,714

3,295

2,844

2,669

2,913

3,612

2,338

24
25
26
27
28
29
30

Latin America ttnd Caribbean
Bahamas
Bermuda
Brazil . .
British West Indies
Mexico
Venezuela

9665
3,973

7627
2,589

7,568
3,299

6,994
1,994

6,451
2,329

10,842
4,176

11,130
4,074

6,951
1,781

5 162

4418

31
32
33

Asia
Japan
Middle East oil-exporting countries2

34
35

Africa
Oil-exporting countries3

36

All other4

37
38
39
40
41
42
43

f>

Commercial claims
Europe
Belgium-Luxembourg
France
Germany
Netherlands
Switzerland
United Kingdom . .
Canada

45
46

Latin America and Caribbean
Bahamas
Brazil
British West Indies
Mexico
Venezuela

52
53
54

Asia
Japan
Middle East oil-exporting countries2

55
56

Africa
Oil-exporting countries3

57

All other

6
115

2
113

7
63

43
86

87
46

188
44

19
47

6,030

6,358

4,617

133
27

151
22

1,296
1,133

7

878
646
6

930
737
6

801
603
6

65
7

53
7

60
10

96
9

107
10

24

33

24

58

26

169

3859

4,166

4,180

4,170

4,694

4,286

4,835

1 072

1 074

1,228

1,073

1,059

1,095

1,172

1,181

3,705

174
18

4,414

3,461

168
20

931
7

789
452
6

1,105

737
10

883
605
10

84
19

59
9

71
14

145

20

3,709

164
20

1 188

145
438
447
154
196

137
458
543
172
187

169
462
551
190
206

172
19

178
650
562
133
185

154
35

193
552
637
150
173

147
28

158
684
773
172
262

171
542
613
145
183

174
665
590
207
317

977

44

48
49
50
51

3
83

4




1,046

1,051

936

1,166

937

977

970

1,837

1746

1,732

1,930

1,930

2,067

2,104

2,143

2,703

2642
452

2,800
1,027
434

2,915
1,158
450

2,853
1,107
408

2,994
1,168
446

2,944

952

3,026

525

437

441

432

378

407

401

419

425

425

434

137

122

240

255

262

238

225

250

270

324

11
180
217
25
454
174
927

141

14
169
204
19
348
204

123

12
143
231
20
369
192

124

19
170
226
26
368
283

144

14
171
209
24
374
274

126

13
174
232
25
411
304

136

12
161
234
22
463
266
962

31
156
296
20
457
226
928

155

62. Assets and liabilities of foreign branches of U.S. banks1
Millions of dollars, end of period
1987

Assets
Jan.

Feb.

Mar.

Apr.

June

May

July

Aug.

Sept.

Oct.

Nov.

1 Dec.

All foreign countries
1 Total, all currencies

458,304 457,980 457,180 485,343 487,820 475,339 470,547 473,683 490,469 521,757 525,894 518,618
127,009
92,194
17,048
17,767
328,494
101,409
114,118
23,367
89,600
32,317

123,400 123,687 124,737 137,468 138,221
89,376 89,793 89,958 101,885 99,450
15,981 14,303 14,739 15,949 17,826
18,043 19,591 20,040 19,634 20,945
319,692 314,232 314,866 319,861 347,614
101,326 96,582 97,988 103,281 116,558
107,762 110,141 108,073 108,482 118,248
22,685 21,508 21,618 21,642 22,157
87,919 86,001 87,187 86,456 90,651
32,247 32,628 34,080 33,140 35,922

140,425
102,814
16,701
20,910
346,819
116,509
115,591
22,385
92,334
38,650

138,034
105,845
16,416
15,773
342,520
122,155
108,859
21,832
89,674
38,064

2 Claims on United States
3 Parent bank
4 Other banks in United States
5 Nonbanks
6 Claims on foreigners
7 Other branches of parent bank
8 Banks
9 Public borrowers
10 Nonbank foreigners
11 Other assets .

115,918 114,412 112,163 128,723
83,936 82,565 81,519 94,422
12,676 13,201 13,212 15,330
19,306 18,646 17,432 18,971
310,002 311,005 310,928 321,344
92,515 89,656 89,201 93,669
105,322 109,862 109,626 114,997
22,693 22,534 22,666 22,892
89,472 88,953 89,435 89,786
32,384 32,563 34,089 35,276

12 Total payable in U.S. dollars

309,715 311,830 306,296 329,456 336,552 329,541 322,334 322,327 340,956 354,544 353,073 350,107

13 Claims on United States
14 Parent bank
15 Other banks in United States
16 Nonbanks
17 Claims on foreigners
18 Other branches of parent bank
19 Banks
20 Public borrowers
21 Nonbank foreigners
22 Other assets

111,247 109,973 107,313 122,932 121,551 118,411 118,563 118,964 :.31,934 131,659 133,731 132,023
82,174 81,006 79,659 92,468 90,159 87,540 87,779 87,844 -;oo,026 97,257 100,123 103,251
11,493 12,145 12,075 13,521 15,412 14,669 12,794 12,830 13,942 15,627 14,632 14,657
17,580 16,822 15,579 16,943 15,980 16,202 17,990 18,290 17,966 18,775 18,976 14,115
186,642 189,523 185,650 192,360 201,588 198,506 190,624 189,999 195,125 209,137 203,963 202,428
66,704 64,550 63,984 66,916 75,114 75,771 72,515 73,327 77,699 86,695 85,548 88,284
63,546 68,434 66,043 69,244 69,540 67,302 65,678 64,106 64,516 68,931 65,771 63,707
16,577 16,436 16,347 16,639 16,812 16,271 15,062 15,115 14,943 14,988 14,952 14,730
39,815 40,103 39,276 39,561 40,122 39,162 37,369 37,451 37,967 38,523 37,692 35,707
11,826 12,334 13,333 14,164 13,413 12,624 13,147 13,364 13,897 13,748 15,379 15,656

23 Total, all currencies

144,093 146,188 145,486 149,998 154,371 146,678 149,760 148,039 149,633 163,472 167,726 158,695

24 Claims on United States
25 Parent bank
26 Other banks in United States
27 Nonbanks
28 Claims on foreigners
29 Other branches of parent bank
30 Banks
31 Public borrowers
32 Nonbank foreigners
33 Other assets

28,720 28,851 28,503 31,001 34,427 30,859 32,694 31,377 32,581 33,904 35,392 32,518
23,330 23,326 23,303 25,315 28,935 25,944 27,288 25,627 27,128 27,710 29,553 27,350
1,694
1,259
1,349
1,537
1,194
1,564
1,870
1,585
1,507
1,288
1,258
1,220
4,324
4,104
4,165
3,869
3,721
4,122
4,145
3,909
3,985
3,912
4,267
4,170
108,720 110,274 109,297 111,113 112,997 107,407 108,732 108,293 108,562 120,079 121,487 115,700
30,218 29,575 28,782 29,936 33,412 32,641 31,241 30,794 33,334 37,402 39,138 39,903
40,677 43,189 42,537 42,961 41,241 37,745 41,219 40,082 38,390 42,929 41,649 36,735
5,272
4,752
4,881
4,725
4,761
4,617
4,684
5,234
4,964
4,897
4,983
4,942
32,883 32,527 33,081 33,252 33,110 32,337 31,655 32,656 32,113 34,867 35,428 34,310
8,334
8,412
7,884
9,489 10,847 10,477
8,490
8,369
6,947
7,686
7,063
6,653

United Kingdom

34 Total payable in U.S. dollars

95,359

97,568

95,007

99,398 104,622

97,672

99,170

96,510

99,656 105,515 107,289

100,574

35 Claims on United States
36 Parent bank
37 Other banks in United States
38 Nonbanks
39 Claims on foreigners
40 Other branches of parent bank
41 Banks
42 Public borrowers
43 Nonbank foreigners
44 Other assets

27,070
22,673
996
3,401
65,022
22,720
23,629
3,681
14,992
3,267

27,290
22,749
1,061
3,480
66,872
22,578
25,689
3,716
14S893
3,406

26,665
22,662
980
3,023
64,466
21,785
24,225
3,660
14,796
3,876

29,066
24,689
1,192
3,185
66,257
22,339
24,962
3,712
15,244
4,075

32,542
28,228
1,157
3,157
68,469
25,921
23,263
3,785
15,500
3,611

29,252
25,286
950
3,016
64,676
25,409
21,355
3,470
14,442
3,744

31,076
26,661
1,294
3,121
64,024
23,827
22,975
3,400
13,822
4,070

29,519
24,853
1,309
3,357
63,265
23,155
22,646
3,473
13,991
3,726

30,791
26,423
1,105
3,263
64,561
25,600
21,522
3,377
14,062
4,304

33,409
28,685
1,408
3,316
68,864
29,166
21,833
3,472
14,393
5,016

30,439
26,304
1,044
3,091
64,560
28,635
19,188
3,313
13,424
5,575

31,820
26,850
1,504
3,466
69,276
27,8|P
22,941
3,426
15,099
4,419

Bahamas and Caymans
45 Total, all currencies
46 Claims on United States
47 Parent bank . .
48 Other banks in United States
49 Nonbanks
50 Claims on foreigners
51 Other branches of parent bank
52 Banks
53 Public borrowers
54 Nonbank foreigners
55 Other assets
56 Total payable in U.S. dollars

156



135,626 133,390 134,367 146,954 141,832 142,170 140,512 139,986 152,146 156,951 155,100 160,321
73,297
48,787
10,587
13,923
57,171
15,483
26,366
7,146
8,176
5,158

68,835
44,736
10,967
13,132
59,235
15,481
28,218
7,090
8,446
5,320

67,655
44,344
11,023
12,288
60,875
16,530
28,673
7,038
8,634
5,837

78,903
52,756
12,702
13,445
62,293
16,562
30,310
7,247
8,174
5,758

73,445
46,463
14,552
12,430
63,089
15,775
31,417
7,304
8,593
5,298

72,541
45,891
13,684
12,966
65,280
18,873
30,987
7,025
8,395
4,349

72,772
46,256
11,824
14,692
63,027
17,493
30,372
7,046
8,116
4,713

72,558
45,697
12,111
14,750
62,336
18,228]
29,160
6,873
8,075
5,092,

81,913
53,902
13,538
14,473
65,622
18,698
31,692
6,988
8,244
4,611

83,383
53,289
14,721
15,373
68,713
18,936
35,014
7,018
7,745
4,855

82,366
52,759
13,980
15,627
67,658
18,905
33,479
7,196
8,078
5,076

85,318
60,048
14,277
10,993
70,162
21,277
33,751
7,428
7,706
4,841

129,470 126,766 127,337 138,961 133,482 135,323 131,636 130,985 142,622 145,841 144,525 151,434

62. Assets and liabilities of foreign branches of U.S. banks1—Continued
Millions of dollars, end of period
1987

Liabilities
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

All foreign countries
57 Total, all currencies.

4 8 3 4 457,980 4 7 1 0 485,343 4 7 8 0 475,339 470,547 473,683 4 0 4 9 521,757 525,894 518,618
5,0
5,8
8,2
9,6

58
59
60
61
62
63
64
65
66
67
68

33,395 36,074 34,873 33,155 34,360 31,776 32,993 33,648 35,724 36,796 34,690 30,929
141,229 141,349 142,747 153,738 150,887 151,024 144,332 142,012 153,931 156,762 156,206 161,390
70,697 73,770 71,576 75,747 75,241 79,061 72,441 75,005 81,047 80,297 83,894 87,606
15,188 13,803 13,950 17,169 17,134 16,814 15,005 15,289 17,246 18,870 18,871 20,559
55,344 53,776 57,221 60,822 58,512 55,149 56,886 51,718 55,638 57,595 53,441 53,225
263,759 261,650 260,635 2 8 0 2 2 4 4 8 274,116 2 4 4 4 278,914 281,191 307,161 312,596 304,803
7,2
8,6
7,8
90,299 88,521 88,273 94,590 101,919 100,856 95,425 97,918 104,033 114,863 117,036 124,601
88,499 86,040 84,547 92,704 90,343 81,249 87,752 87,458 85,700 98,121 97,490 87,274
19,532 19,820 20,591 21,293 23,058 22,264 21,528 21,016 20,267 20,370 21,873 19,564
9 7 7 69,779 72,522 71,191 73,807 76,197 73,364
65,429 67,269 67,224 69,435 69,148 6 , 4
19,921 18,907 18,925 20,428 18,105 18,423 18,738 19,109 19,623 21,038 22,402 21,496

Negotiable CDs
To United States
Parent bank
Other banks in United States ..
Nonbanks
To foreigners
Other branches of parent bank.,
Banks
Official institutions
,
Nonbank foreigners
Other liabilities „

69 Total payable in U.S. dollars

323,899 3 6 4 0 321,882 340,584 347,513 341,116 334,350 333,493 352,276 365,879 361,698 361,438
2,8

70
71
72
73
74
75
76
77
78
79
80

29,921 32,407 31,148 29,505 30,763 27,929 28,781 29,634 30,933 32,117 30,075 26,768
132,714 132,922 133,799 142,504 142,065 142,573 135,626 133,003 143,862 145,462 143,188 148,442
66,069 69,217 66,445 69,069 70,753 74,915 67,769 70,222 75,752 74,788 77,775 81,783
14,184 12,706 12,848 15,711 15,968 15,602 13,895 14,086 15,829 17,315 17,197 19,155
52,461 50,999 54,506 57,724 55,344 52,056 53,962 48,695 52,281 53,359 48,216 47,504
154,887 154,415 149,948 161,216 167,917 163,554 162,834 163,446 169,590 179,506 179,526 177,711
64,377 63,637 62,168 67,278 74,914 74,232 70,960 72,630 78,104 84,448 84,630 9 , 6
049
36,867 36,819 35,120 39,111 36,236 31,831 35,267 34,817 35,312 40,167 38,932 35,065
6 0 8 15,985 15,806 15,527 14,247 13,405 14,161 12,409
13,688 13,189 13,392 14,318 1 , 6
39,955 4 , 7
0 7 0 39,268 40,509 40,699 41,506 40,801 40,472 41,927 41,486 41,803 39,768
6,987
7,359
7,060
7,109
8,517
6,377
6,736
7,410
7,891
8,794
8,909
6,768

Negotiable CDs
To United States
Parent bank
Other banks in United States ..
Nonbanks
To foreigners
Other branches of parent bank.
Banks
Official institutions
Nonbank foreigners
Other liabilities

United Kingdom
81 Total, all currencies.
82
83
84
85
86
87
88
89
90
91
92

Negotiable CDs
To United States
Parent bank
Other banks in United States
Nonbanks
To foreigners
Other branches of parent bank
Banks
Official institutions
Nonbank foreigners
Other liabilities

93 Total payable in U.S. dollars
94 Negotiable CDs
95 To United States
96 Parent bank
97 Other banks in United States
98 Nonbanks
99 To foreigners
100 Other branches of parent bank
101 Banks
102 Official institutions
103 Nonbank foreigners
104 Other liabilities

1 4 0 3 146,188 1 5 4 6 149,998 154,371 146,678 1 9 7 0 148,039 149,633 163,472 167,726
4,9
4,8
4,6
29,432
19,465
10,004
2,154
7,307
86,229
23,595
36,479
8,484
17,671
8,967

32,233
22,501
12,735
2,154
7,612
82,418
21,230
35,434
7,832
17,922
9,036

98,741 101,971
27,701
16,829
9,451
1,887
5,491
51,174
16,386
18,626
6,096
10,066
3,037

30,175
19,894
12,157
1,926
5,811
48,610
14,691
18,207
5,176
10,536
3,292

30,968
21,457
12,356
1,816
7,285
83,659
21,780
35,538
7,827
18,554
9,362

29,311
23,936
13,170
2,205
8,561
87,381
22,421
37,562
8,871
18,527
9,370

30,226
26,204
15,145
2,273
8,786
89,760
26,367
35,282
10,004
18,107
8,181

27,511
24,512
14,745
2,109
7,658
86,041
25,350
32,036
9,748
18,907
8,614

28,590
24,347
14,010
2,021
8,316
87,942
23,572
35,647
9,241
19,482
8,881

98,967 101,793 106,093 100,031 101,593
28,868
18,940
11,606
1,602
5,732
47,531
14,471
18,027
494
,2
10,109
3,628

27,189
21,144
12,352
2,021
6,771
49,708
14,367
19,498
5,786
10,057
3,752

28,345
23,474
14,528
2,027
6,919
51,116
18,430
15,555
7,214
9,917
3,158

25,695
21,850
14,252
1,899
5,699
4,8
909
17,654
13,566
7,283
10,586
3,397

26,397
21,689
13,399
1,776
6,514
50,294
16,171
16,330
7,203
10,590
3,213

29,363
22,202
13,234
1,875
7,093
87,745
23,379
34,414
9,670
20,282
8,729

31,451
22,462
13,357
2,073
7,032
86,813
26,094
31,681
10,387
18,651
8,907

32,523 30,475
22,868 24,961
12,251 14,018
2,103
2,382
8,840
8,235
98,215 101,686
29,718 30,727
38,502 37,690
10,248 12,000
1,4
9 7 7 21,269
9,866 10,604

158,695
26,988
23,470
13,223
1,740
8,507
98,689
33,078
34,290
11,015
20,306
9,548

99,163 102,202 108,440 108,481 102,550
27,264
19,578
12,608
1,694
5,276
49,183
15,565
15,471
7,872
10,275
3,138

28,776
19,528
12,609
1,883
5,036
50,386
17,994
14,359
8,060
9,973
3,512

29,991
18,819
11,283
2,080
5,456
55,209
20,018
17,786
7,115
10,290
4,421

27,999
19,800
12,792
1,789
5,219
56,443
20,826
17,024
7,970
10,623
4,239

24,926
17,752
12,026
1,512
4,214
55,919
22,334
15,580
7,530
10,475
3,953

Bahamas and Caymans
105 Total, all currencies.
106 Negotiable CDs
107 To United States
108 Parent bank
109 Other banks in United States
110 Nonbanks.....
111 To foreigners
112 Other branches of parent bank—
113 Banks
114 Official institutions
115 Nonbank foreigners
116 Other liabilities
117 Total payable in U.S. dollars




135,626 133,390 134,367 146,954 141,832 142,170 140,512 139,986 152,146 156,951 155,100 160,321

995
99,890
41,495
11,824
46,571
33,536
12,319
8,111
2,808
10,298
1,205

855
96,526
41,086
10,352
45,088
34,757
12,969
8,073
3,013
10,702
1,252

1,092
1,067
1,119
813
883
9 , 4 108,408 102,564 103,831 100,073
996
40,315 43,983 40,695 44,112 40,675
10,823 13,601 13,411 13,382 11,989
48,808 50,824 48,458 46,337 47,409
32,501 36,491 36,836 36,004 37,988
11,670 13,891 13,354 14,023 14,803
8,144
9,452
9,900
7,943
9,395
3,072
3,185
3,263
2,836
2,937
10,211 10,510 10,853 10,527
9,851
1,332
1,107
1,172
1,340
1,268

886
890
861
885
975
98,085 108,205 111,976 108,039 113,950
42,275 47,165 49,387 50,030 53,239
12,276 13,596 14,872 15,204 17,224
43,534 4 , 4
7 4 4 47,717 42,805 43,487
39,437 41,417 42,295 44,398 43,815
16,465 16,965 17,090 17,812 19,185
9,514
10,435 11,589 12,611 10,769
2,064
1,504
2,935
1,814
2,158
10,523 12,203 11,458 11,911 12,357
1,802
1,671
1,638
1,790
1,489

131,571 129,344 129,577 140,974 136,843 137,763 135,376 134,354 145,402 149,472 146,485 152,927

157

62. Assets and liabilities of foreign branches of U.S. banks1—Continued
Millions of dollars, end of period
1988

Assets
Jan.

Feb.

Mar.

Apr.

May

June

Aug.

July

Sept.

Oct.

Nov.

Dec.

All foreign countries
1 Total, all currencies.

506,413 498,366 505,569 491,868 495,817 490,742 491,681 491,545 493,499 497,732 516,608 506,062

2 Claims on United States
3 Parent bank
4 Other banks in United States ..
5 Nonbanks
6 Claims on foreigners
7 Other branches of parent bank.
8 Banks
9 Public borrowers
10 Nonbank foreigners
11 Other assets

133,131
96,971
15,168
20,992
335,737
116,765
108,342
21,361
89,269
37,545

12 Total payable in U.S. dollars.

338,472 334,089 337,045 330,507 3 6 9 8 337,889 339,459 346,389 344,215 341,147 355,663 358,040
3,0

13 Claims on United States
14 Parent bank
15 Other banks in United States ..
16 Nonbanks
17 Claims on foreigners
18 Other branches of parent bank.
19 Banks
20 Public borrowers
21 Nonbank foreigners
22 Other assets

126,648 126,395 130,444 134,770 137,309 137,041 143,083 153,484 151,821 151,598 165,017 163,456
93,955 92,588 97,023 101,517 102,490 102,786 108,162 116,539 114,362 115,109 127,692 126,929
13,697 14,171 13,626 12,318 13,600 13,661 14,724 15,190 14,992 13,560 15,062 14,167
18,996 19,636 19,795 20,935 21,219 20,594 20,197 21,755 22,467 22,929 22,263 22,360
197,817 192,676 192,254 181,012 184,545 184,773 180,634 176,012 175,523 173,482 173,837 177,685
7 7 4 74,949 77,384 80,736
4 6 0 83,258 76,695 77,508 80,986 79,156 74,957 7 , 2
85,958 8 , 0
61,540 58,405 58,254 54,828 57,309 55,234 54,381 55,044 52,536 54,870 53,632 54,884
14,868 14,793 15,001 14,555 14,491 14,004 13,403 13,089 12,941 12,787 12,415 12,131
35,451 34,787 35,741 34,934 35,237 34,549 33,694 32,922 32,322 30,876 30,406 29,934
14,007 15,018 14,347 14,725 15,054 16,075 15,742 16,893 16,871 16,067 16,809 16,899

132,621
95,665
15,293
21,663
328,407
113,208
105,828
21,370
88,001
37,338

137,013
100,288
14,943
21,782
329,824
110,538
106,916
21,782
90,588
38,732

140,657
104,154
13,332
23,171
315,755
104,131
101,511
20,881
89,232
35,456

143,021
105,211
14,625
23,185
317,000
104,311
103,672
21,068
87,949
35,796

142,625
105,769
14,424
22,432
312,637
107,942
100,703
20,516
83,476
35,480

149,330 158,924 157,443 157,317 171,304
111,299 119,121 117,027 117,494 130,834
16,244 16,465 16,426 15,039 16,366
21,787 23,338 23,990 24,784 24,104
307,248 296,978 299,480 303,022 307,241
104,733 99,465 103,574 102,051 106,640
99,889 99,227 98,529 102,324 100,820
19,355 18S787 18,449 18,267 18,223
83,271 79,499 78,928 80,380 81,558
35,103 35,643 36,576 37,393 38,063

169,111
129,856
14,918
24,337
299,728
107,179
96,932
17,163
78,454
37,223

United Kingdom
23 Total, all currencies.

159,985 157,634 157,657 152,592 156,184,151,835 151,017 149,646 147,329 155,580 159,556 156,835

24 Claims on United States
25 Parent bank
26 Other banks in United States ..
27 Nonbanks
28 Claims on foreigners
29 Other branches of parent bank.
30 Banks
31 Public borrowers
32 Nonbank foreigners
33 Other assets

32,472 32,876 29,631 31,622 32,869 33,881 35,716 36,325 32,059 36,260 39,242 4 , 8
009
26,923 27,484 24,580 26,155 27,506 28,535 30,615 30,767 26,661 30,569 33,138 34,243
994
1,064 . U97 1,238
11,123
1,343
1,322
1,360
1,013
1,527
1,558
1,191
4,454
4,697
4,160
4,037
4,723
4,761
4,361
4,024
4,003
3,865
3,860
3,991
118,399 115,482 116,925 112,257 114,415 107,827 105,586 103,509 105,813 109,743 110,336 106,388
39,702 38,077 34,278 33,019 33,849 3 , 4
2 4 6 30,228 29,656 31,758 33,103 33,243 35,625
39,697 38,654 40,247 38,790 39,883 37,108 37,805 38,259 38,848 40,236 40,875 36,765
4,250
5,312
4,019
4,276
4,543
4,742
4,987
4,914
4,613
4,190
4,665
4,639
34,361 34,138 37,088 35,534 35,696 33,531 32,888 31,051 30,957 32,214 31,942 29,979
9,812
9,577
9,457
9,715
9,101
9,114
9,978 10,358
8,900 10,127
9,276
8,713

34 Total payable in U.S. dollars.

101,889 101,642

35 Claims on United States
36 Parent bank
37 Other banks in United States
38 Nonbanks
39 Claims on foreigners
40 Other branches of parent bank
41 Banks
42 Public borrowers
43 Nonbank foreigners
44 Other assets

30,164
25,854
1,132
3,178
67,450
22,336
20,814
3,313
13,987
4,275

30,978
26,565
1,273
3,140
66,306
29,813
19,516
3,347
13,630
4,358

95,972

93,214

97,188

95,326

94,492

96,767

93,790

99,868 101,341 103,503

27,438
23,285
1,025
3,128
64,197
26,812
19,656
3,864
13,865
4,337

29,559
25,137
781
3,641
59,430
24,867
18,065
3,412
13,086
4,225

30,773
26,608
1,068
3,097
61,981
25,448
19,555
3,252
13,726
4,434

31,884
27,672
1,069
3,143
57,940
23,843
17,477
3,188
13,432
5,502

33,803
29,706
870
3,227
55,824
22,549
18,025
3,133
12,117
4,865

34,553
29,837
1,039
3,677
57,019
22,465
19,165
3,105
12,284
5,195

30,127
25,692
910
3,525
58,463
24,472
19,066
3,022
11,903
5,200

34,184
29,667
606
3,911
60,984
25,703
20,488
2,984
11,809
4,700

36,881
32,115
849
3,917
59,405
25,574
19,452
2,898
11,481
5,055

38,012
33,252
964
3,796
60,472
28,474
18,494
2,840
10,664
5,019

Bahamas and Caymans
45 Total, all currencies.
46 Claims on United States
47 Parent bank
48 Other banks in United States
49 Nonbanks
50 Claims on foreigners
51 Other branches of parent bank
52 Banks
53 Public borrowers
54 Nonbank foreigners
55 Other assets
56 Total payable in U.S. dollars.

158



152,136 146,993 156,425 155,685 159,126 162,595 163,738 169,282 167,719 159,147 169,034 170,639
81,640
52,738
12,730
16,172
65,140
21,292
29,521
7,257
700
,7

79,617
49,719
12,947
16,951
61,872
20,023
27,911
7,063
6,875

87,296
57,509
12,756
17,031
63,673
20,934
28,792
6,891
7,056

89,760
60,437
11,470
17,853
60,096
18,831
26,937
6,849
7,479

92,090
61,331
12,489
18,270
60,953
19,835
27,226
6,955
6,937

89,780
59,943
12,236
17,601
67,067
25,957
27,650
6,835
6,625

5,356

5,504

5,456

5,829

6,083

5,748

93,968 100,975 101,587
62,767 68,630 68,348
14,153 14,196 14,183
17,048 18,149 19,056
6,7
4 0 0 62,447 59,242
23,883 21,954 21,538
26,324 27,113 24,682
6,219
6,185
6,457
7,195
7,406
6,803
5,700

5,860

6,890

96,287 106,240 105,320
64,249 73,654 73,409
12,799 14,065 13,145
19,239 18,521 18,766
56,526 56,128 58,393
18,772 18,534 17,954
25,636 25,549 28,268
5,861
5,830
6,045
6,073
6,184
6,341
6,334

6,666

6,926

144,553 139,279 148,221 148,153 151,318 155,096 155,907 161,486 159,815 151,363 161,238 163,518

62. Assets and liabilities of foreign branches of U.S. banks1—Continued
Millions of dollars, end of period

1988
Liabilities

Jan.

Feb.

Mar.

Apr.

June

May

July

Aug.

Sept.

Oct.

Nov.

Dec.

All foreign countries
57 Total, all currencies.

506,413 498,366 505,569 491,868 495,817 490,742 491,681 491,545 493,499 497,732 516,608 506,062

58
59
60
61
62
63
64
65
66
67
68

29,277 31,158 31,854 31,585 32,175 29,485 30,159 31,203 28,953 27,969
152,235 150,869 158,708 156,867 163,695 158,111 160,721 166,125 167,469 163,547
80,149 86,559 93,260 86,994 88,564 89,072 85,875 90,397 96,875 97,122
15,801 14,237 14,806 16,312 15,423 14,680 15,310 16,356 14,272 14,029
56,285 50,073 50,642 53,561 59,708 54,359 59,536 59,372 56,322 52,396
303,901 295,256 291,589 282,599 278,386 282,184 279,477 272,644 275,863 283,475
118,198 113,733 110,506 106,404 105,686 110,965 108,129 101,960 107,645 107,537
89,647 88,512 88,307 85,213 82,686 83,072 83,452 80,920 80,044 82,450
21,130 20,373 18,608 18,005 17,699 17,159 16,628 17,232 16,911 18,786
74,926 72,638 74,168 72,977 72,315 70,988 71,268 72,532 71,263 74,702
21,000 21,083 23,418 20,817 21,561 20,962 21,324 21,573 21,214 22,741

Negotiable CDs
To United States
Parent bank
Other banks in United States ..,
Nonbanks
,
To foreigners
Other branches of parent bank.
Banks
Official institutions
,
Nonbank foreigners
Other liabilities
,

30,734
174,459
106,228
13,584
54,647
287,980
112,315
82,833
17,743
75,089
23,435

28,511
185,577
114,720
14,897
55,960
270,923
111,267
72,842
15,183
71,631
21,051

69 Total payable in U.S. dollars

348,223 344,899 347,566 339,893 344,526 344,310 344,765 349,668 351,573 347,490 363,957 3 7 4 3
6,8

70
71
72
73
74
75
76
77
78
79
80

24,785 26,386 26,869 26,596 27,233 25,015 24,870 26,128 24,353 23,218 26,130 24,045
140,744 140,204 146,668 146,298 151,293 146,262 149,243 154,449 156,601 152,241 161,081 173,190
74,623 80,780 86,433 81,287 81,974 82,545 79,163 83,269 90,312 90,122 97,898 107,150
14,433 12,918 13,501 15,115 14,073 13,256 14,011 15,153 13,153 12,868 12,230 13,628
51,688 46,506 46,734 49,896 55,246 50,461 56,069 56,027 53,136 49,251 50,953 52,412
174,144 169,519 164,760 158,099 156,599 163,157 160,452 158,179 159,792 161,123 165,348 160,766
86,062 84,780 82,508 77,964 77,939 84,029 82,189 76,436 80,811 79,950 82,815 84,021
33,410 32,390 30,738 29,918 28,764 29,473 28,728 30,227 29,447 29,177 31,138 28,493
9,571
9,354
9,207 10,624
8,224
9,938
9,121
12,736 12,071 10,489 10,539 10,028
41,936 40,278 41,025 39,678 39,868 40,084 40,181 41,578 40,327 41,372 42,274 40,028
9,876 10,200 10,912 10,827 10,908 11,398
9,482
9,269
9,401
8,900
8,550 8,790

Negotiable CDs
To United States
Parent bank „
Other banks in United States ..
Nonbanks ... „
To foreigners .. >
Other branches of parent bank.
Banks
„
Official institutions
Nonbank foreigners
Other liabilities

United Kingdom
81 Total, all currencies.

159,985 157,634 155,657 152,592 156,184

82
83
84
85
86
87
88
89
90
91
92

25,184
25,209
14,177
1,596
9,436
100,001
33,344
34,820
11,571
20,266
9,591

Negotiable CDs
,
To United States
Parent bank
,
Other banks in United States ..,
Nonbanks
,
To foreigners
Other branches of parent bank.
Banks
Official institutions
Nonbank foreigners
Other liabilities
,

93 Total payable in U.S. dollars
94 Negotiable CDs
95 To United States
96 Parent bank
97 Other banks in United States ..
98 Nonbanks
99 To foreigners
100 Other branches of parent bank.
101 Banks
102 Official institutions
103
Nonbank foreigners
,
104 Other liabilities

27,659
27,145
15,518
2,408

151,835 151,017 149,646 147,329 155,580 159,556

26,786
26,382
15,527
1,615
9,240
94,235
30,350
33,520
11,048
19,317
10,231

27,279
22,725
14,506
1,768
6,451
95,049
30,211
33,316
9,624
21,898
10,604

27,090
23,868
14,904
1,508
7,456
92,219
27,383
32,970
10,181
21,685
9,415

9,219
91,995
28,743
31,995
9,672
21,585
9,385

7,333
91,691
28,967
33,125
8,893
20,706
9,634

105,138 105,162

98,982

96,532

99,378

24,281
23,019
14,626
1,401
6,992
53,444
21,753
14,401
7,045
10,245
4,418

24,716
19,116
13,622
1,556
3,938
50,590
21,292
13,106
5,181
11,011
4,560

24,392
20,310
13,947
1,306

24,994
22,405
14,134
2,184

22,875
20,799
13,307
1,398
6,094
57,620
22,870
16,119
7,993
10,638
3,844

5,057
47,589
18,060
12,889
5,918
10,722
4,241

6,087
47,969
18,902
12,860
5,470
10,737
4,010

25,750
26,859
16,844
2,051

23,345
31,575
22,800
2,192
6,583
89,934
25,743
32,385
10,656
21,150
10,726

156,835
24,528
36,784
27,849
2,197

7,964
88,489
26,948
32,763
9,034
19,744
9,919

26,998
25,013
15,100
1,878
8,035
87,504
25,570
31,829
9,982
20,123
10,131

24,311
25,657
17,115
2,021
6,521
87,212
26,837
31,701
8,570
20,104
10,149

97,555

96,908

97,926

96,970 102,143 103,453 105,907

22,960
20,889
14,712
1,512
4,665
48,777
20,303
12,957
4,700
10,817
4,929

22,846
23,105
15,729
1,817

24,229
20,993
13,745
1,655

22,043
22,177
16,031
1,819
4,327
47,149
18,696
13,417
4,519
10,517
5,601

25,390
25,120
15,996
1,791

5,559
46,083
18,539
12,240
5,036
10,268
4,874

5,593
47,227
17,550
13,501
5,781
10,395
5,477

20,864
28,063
21,665
1,978
4,420
47,732
17,384
13,436
6,186
10,726
5,484

26,013
32,420
23,226
1,768
7,426
90,404
26,268
33,029
9,542
21,565
10,719

23,543
27,123
21,003
1,366
4,754
47,363
17,443
14,029
4,713
11,178
5,424

6,738
86,026
26,812
30,609
7,873
20,732
9,497

22,063
32,588
26,404
1,912

4,272
47,083
18,561
13,407
4,348
10,767
4,173

Bahamas and Caymans
105 Total, all currencies.

152,136 146,993 156,425 155,685 159,126 162,595 163,738 169,282 167,719 159,147 169,034 170,639

106 Negotiable CDs
107 To United States
108 Parent bank
109 Other banks in United States ..
110 Nonbanks
111 To foreigners
112 Other branches of parent bank.
113 Banks
114 Official institutions
115 Nonbank foreigners
116 Other liabilities

941
1,092
851
940
1,038
1,096
731
924
953
1,069
1,361
940
106,706 101,288 112,136 110,632 114,251 111,220 114,231 119,468 118,641 108,858 116,952 122,332
48,153 50,393 57,613 52,006 53,388 54,014 51,556 55,733 58,718 53,197 59,883 62,894
13,017 11,455 11,829 13,621 11,659 11,451 12,069 13,412 11,106 10,824 10,823 11,494
45,536 39,440 42,694 45,005 49,204 45,755 50,606 50,323 48,817 44,837 46,246 47,944
42,681 43,130 41,523 42,270 41,496 48,442 46,524 46,870 45,930 46,775 48,113 45,161
20,393 20,388 18,695 20,676 19,928 25,291 23,333 22,643 24,228 24,805 24,508 23,686
8,336
9,223
9,780
8,490 10,035
9,937 9,454
9,188 10,324 10,369
8,501
9,439
972
1,164
1,850
1,067
1,074
1,873
1,099
1,060
1,179
1,053
1,015
1,377
11,472 11,626 11,501 11,207 11,327 10,977 11,807 13,348 12,134 12,508 12,510 12,065
2,422
1,992 2,043
2,224
2,193
1,697
2,213
2,608
1,635
2,283
1,898
1,745

117 Total payable in U.S. dollars

145,168 139,999 148,537 148,889 151,696




154,561 155,457 161,023 159,621 151,600 160,786 162,950

159

63. Assets and liabilities of U.S. branches and agencies of foreign banks

A. March 31, 19881
Millions of dollars

All states2

New York

Illinois

Gi., ornia
IBFs
only3

Total
including
IBFs

IBFs
only3

Total
including
IBFs

IBFs
only3

Total
including
IBFs

IBFs
only3

Total
including
IBFs

460,746

222,471

335,779

173,744

71,539

32,643

30,208

9,316

2 Claims on nonrelated parties
3 Cash and balances due from depository institutions
4
Cash items in process of collection and
unposted debits
5
Currency and coin (U S and foreign)
6
Balances with depository institutions in United States
7
U.S. branches and agencies of other foreign banks
(including IBFs)
8
Other depository institutions in United States
(including IBFs)
9
Balances with banks in foreign countries and with
foreign central banks
10
Foreign branches of U S banks
11
Other banks in foreign countries and foreign
central banks
12 Balances with Federal Reserve Banks
.. .

419,609
106,193

187,736
88,066

308,731
86,773

148,443
71,581

62,582
10,415

26,446
9,716

30,208
6,713

8,918
5,269

731
25
57,318

0
n.a.
42,886

688
19
45,530

0
n.a.
33,661

22
2
6,390

0
n.a.
5,774

4
2
4,274

0
n.a,
2,914

50,374

40,234

39,920

31,254

5,898

5,647

3,682

2,829

13 Total securities and loans

Item

1 Total assets4

6,944

2,652

5,610

2,407

492

127

591

85

46,163
1,743

45,180
1,664

38,775
1,469

37,920
1,404

3S952
107

3,943
106

2,378
112

2,355
107

44,420
1,956

43,516
n.a.

37,306
1,762

36,516
n.a.

3,845
49

3,837
n.a.

2,267
55

2,248
n.a.

254,595

90,892

175,892

70,124

42,213

15,222

21,768

3,322

34,404
6,632

9,804
n.a.

27,603
6,254

7,436
n.a.

4,391
179

1,997
n.a.

1,294
129

261
n.a.

14 Total securities, book value
15 U.S. Treasury
16 Obligations of U.S. government agencies
and corporations
17 Other bonds, notes, debentures, and corporate stock
(including state and local securities)

24,008

9,804

17,624

7,436

4,174

1,997

1,166

261

IS Federal funds sold and securities purchased under
agreements to resell
19 U.S. branches and agencies of other foreign banks .
20 Commercial banks in United States
21 Other

14,729
9,300
1,895
3,534

2,310
1,527
550
232

13,176
7,976
1,777
3,424

1,676
948
550
178

1,017
960
23
34

449
449
0
0

81
45
16
20

23
22
0
1

220,430
238
220,191

81,195
107
81,088

148,414
125
148,289

62,732
44
62,688

37,923
102
37,822

13,287
63
13,225

20,480
6
20,473

3,061
0
3,061

15,026
64,821
33,330
27,572
5,758

170
44,733
15,618
14,622
996

7,666
46,978
22,973
17,760
5,212

135
31,045
9,036
8,297
739

3,218
12,896
7,960
7,560
400

29
10,075
5,304
5,133
172

2,004
3,450
2,155
2,047
109

0
2,427
1,183
1,098
£5

75
31,416
775
30,641
5,898

16
29,099
658
28,441
1,025

11
23,994
674
23,320
3,897

7
22,002
558
21,445
932

15
4,920
46
4,874
841

0
4,771
46
4,726
47

25
1,270
55
1,215
751

0
1,244
55
1,189
28

110,692
88,638
22,054
914
278
636

18,851
1,659
17,192
10
0
10

69,304
51,452
17,852
733
217
517

16,076
1,612
14,464
5
0
5

19,097
16,404
2,694
149
41.
108

2,054
45
2,009
0
0
0

13,803
13,337
466
5
0
5

391
0
391
5
0
5

18,016

16,151

15,855

14,362

1,074

1,027

228

210

2,813
2,250

30
226

2,264
1,717

27
151

513
135

0
55

0
238

0
0

44,092
27,775
17,213
10,563

6,467
n.a.
n.a.
n.a.

32,889
19,716
10,082
9,634

5,061
n.a.
n.a.
n.a.

8,938
6,877
6,199
678

1,058
n.a.
n.a.
n.a.

1,646
874
841
33

304
Ti.a.
;n.a.
n.a.

16,316
41,137

6,467
34,735

13,173
27,048

5,061
25,301

2,061
8,957

1,058
6,197

772
0

304
398

41,137

n.a.

27,048

n.a.

34,735

n.a.

25,301

52 Total liabilities .

460,746

222,471

335,779

53 Liabilities to nonrelated parties

402,754

198,831

306,753

22 Total loans, gross
23 Less: Unearned income on loans
24 Equals: Loans, net
Total loans, gross, by category
25 Real estate loans
....
26 Loans to depository institutions
27
Commercial banks in United States (including IBFs)
28
U.S. branches and agencies of other foreign banks
29
Other commercial banks in United States
30 Other depository institutions in United States
(including IBFs)
31 Banks in foreign countries
32
Foreign branches of U S banks
....
33
Other banks in foreign countries
34 Other financial institutions
35 Commercial and industrial loans
36 U S addressees (domicile)
37 Non-U.S. addressees (domicile)
38 Acceptances of other banks
39 U.S. banks
40 Foreign banks
,
41 Loans to foreign governments and official institutions
(including foreign central banks)
42 Loans for purchasing or carrying securities
(secured and unsecured)
43 All other loans
44 All other assets
45 Customers' liability on acceptances outstanding
46
U.S. addressees (domicile)
....
47
Non-U.S. addressees (domicile)
48 Other assets including other claims on
nonrelated parties
49 Net due from related depository institutions5
50 Net due from head office and other related depository
institutions5 .
51 Net due from establishing entity, head offices, and
other related depository institutions5
4

160



3,763

n.a.

3,724

n.a.

n.a.

38

n.a.

0

n.a.

8,957

n.a.

n.a.

6,197

n.a.

173,744

71,539

32,643

30,208

9,3116

157,376

64,509

28,940

17,538

6,253

0

n.a.
398

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
A. March 31, 19881—Continued
Millions of dollars
All states2
Total
excluding
IBFs

Item

54 Total deposits and credit balances.
55 Individuals, partnerships, and corporations .
U.S. addressees (domicile).
3o
57
Non-U.S. addressees (domicile)
58 Commercial banks in United States (including IBFs)
U.S. branches and agencies of other foreign banks
59
Other commercial banks in United States
60
61 Banks in foreign countries
62
Foreign branches of U.S. banks
Other banks in foreign countries,
63
64 Foreign governments and official institi
(including foreign central banks)..
65 All other deposits and credit balances.
66 Certified and official checks

,

,
,

67 Transaction accounts and credit balances (excluding IBFs),
68 Individuals, partnerships, and corporations
69
U.S. addressees (domicile)
70
Non-U.S. addressees (domicile)
71 Commercial banks in United States (including IBFs)
72
U.S. branches and agencies of other foreign banks
73
Other commercial banks in United States
74 Banks in foreign countries
,
75
Foreign branches of U.S. banks
76
Other banks in foreign countries
77 Foreign governments and official institutions
(including foreign central banks)
78 All other deposits and credit balances
79 Certified and official checks
80 Demand deposits (included in transaction accounts
and credit balances)
81 Individuals, partnerships, and corporations
82
U.S. addressees (domicile)
83
Non-U.S. addressees (domicile)
84 Commercial banks in United States (including IBFs) .
85
U.S. branches and agencies of other foreign banks.
86
Other commercial banks in United States
87 Banks in foreign countries
88
Foreign branches of U.S. banks
89
Other banks in foreign countries
90 Foreign governments and official institutions
(including foreign central banks)
91 All other deposits and credit balances
92 Certified and official checks
93 Nontransaction accounts (including MMDAs,
excluding IBFs)
94 Individuals, partnerships, and corporations
U.S. addressees (domicile)
95
Non-U.S. addressees (domicile)
96
97 Commercial banks in United States (including IBFs) .
98
U.S. branches and agencies of other foreign banks.
Other commercial banks in United States
99
100 Banks in foreign countries
Foreign branches of U.S. banks
101
Other banks in foreign countries
102
103 Foreign governments and official institutions
(including foreign central banks)
104 All other deposits and credit balances
105 IBF deposit liabilities
106 Individuals, partnerships, and corporations
107
"
U.S. addressees (domicile).
Non-U.S. addressees (domicile)
108
109 Commercial banks in United States (including IBFs) .
U.S. branches and agencies of other foreign banks.
110
Other commercial banks in United States
111
112 Banks in foreign countries
Foreign branches of U.S. banks
113
Other banks in foreign countries
114
115 Foreign governments and official institutions
(including foreign central banks)
116 All other deposits and credit balances




New York

IBFs
only3

Total
excluding
IBFs

60,687
46,959
36,230
10,729
8,740
3,045
5,695
2,078
299
1,779

152,482
12,984
93
12,892
51,483
42,745
8,739
77,924
7,655
70,269

1,103
909
899

10,029
61

California

IBFs
only3

Total
excluding
IBFs

50,349
37,523
30,538
6,984
8,170
2,570
5,599
1,985
299
1,686

135,788
8,673
73
8,600
45,196
37,202
7,994
72,170
6,736
65,434

990
846
836

9,689
61
n.a.

Illinois

IBFs
only3

Total
excluding
IBFs

IBFs
only3

2,136
2,028
550
1,478
2
1
2
19
0
19

8,530
452
0
452
4,328
3,847
481
3,664
551
3,113

2,931
2,372
2,169
203
539
473
66
1
0
1

3,144
46
18
28
1,515
1,301
215
1,552
281
1,271

17
47
23

86
0
n.a.

2
2
15

6,360
3,766
2,279
1,487
216
63
152
990
106
885

5,209
2,848
1,759
1,089
203
63
140
923
106
818

263
229
172
58
1
0
0
9
0
9

217
197
193
4
0
0
0

362
127
899

284
115
836

1
1
23

2
1
15

5,437
3,192
1,945
1,247
116
10
105
829
80
749

4,596
2,574
1,589
985
105
10
95
764
80
684

178
145
102
43
0
0
0
8
0
8

202
182
179
4
0
0
0
1
0
1

314
87
899

236
80
836

1
0
23

2
1
15

54,327
43,193
33,951
9,241
8,524
2,982
5,542
1,088
193
894

45,140
34,675
28,779
5,896
7,967
2,508
5,460
1,061
193
868

1,873
1,799
378
1,420
2
1
1
10
0
10

2,715
2,175
1,976
200
539
473
66
0
0
0

741
782

706
731

15
47

30
0
n.a.

0

1

0

1

1

152,482
12,984
93
12,892
51,483
42,745
8,739
77,924
7,655
70,269

135,788
8,673
73
8,600
45,196
37,202
7,994
72,170
6,736
65,434

8,530
452
0
452
4,328
3,847
481
3,664
551
3,113

3,144
46
18
28
1,515
1,301
215
1,552
281
1,271

10,029
61

9,689
61

86
0

30
0

161

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
A. March 31, 19881—Continued
Millions of dollars
All states2
Item

New York

California
IBFs
only3

IBFs
only3

8,674
2,216
5,120
1,337
35,199

688
461
41
186
18,953

2,827
352
2,107
367
7,232

65
0
0
65
2,829

4,094
719

24,717
7,592

11,010
1,419

4,516
2,061

800
106

16,513
10,224
1,044
9,180
9,904

3,375
9,611
967
8,644
1,868

17,126
7,892
1,429
6,464
2,590

9,591
7,863
1,429
6,434
80

2,455
1,951
248
1,703
765

754
1,923
'248
1,675
45

5,535

32,463

4,499

9,969

769

1,403

216

31,695
12,743

n.a.
5,535

21,754
10,708

n.a.
4,499

8,645
1,324

n.a.
769

893
510

n.;-;.
216

57,992

IBFs
only3

46,944
9,781
20,394
16,769
98,204

2,393
893
386
1,114
38,421

64,273
27,105

IBFs
only3

Total
including
IBFs

34,890
7,060
12,899
14,931
53,263

1,516
355
345
816
15,573

16,601
2,534

33,136
16,623

37,168
20,542
2,767
17,775
13,389

14,067
19,817
2,686
17,131
2,003

129 All other liabilities
130 Branch or agency liability on acceptances executed
and outstanding
131 Other liabilities to nonrelated parties

44,438

132 Net due to related depository institutions 5 ..
133 Net due to head office and 5other related
depository institutions
134 Net due to establishing entity, head office, and
other related depository institutions5

117 Federal funds purchased and securities sold under
agreements to repurchase
118 U.S. branches and agencies of other foreign banks
119 Other commercial banks in United States . . . .
120 Other
121 Other borrowed money
122 Owed to nonrelated commercial banks in United States
(including IBFs)
123 Owed to U.S. offices of nonrelated U.S. banks
124 Owed to U.S. branches and agencies of nonrelated
foreign banks
125 Owed to nonrelated banks in foreign countries
126 Owed to foreign branches of nonrelated U.S. banks
127 Owed to foreign offices of nonrelated foreign banks
128 Owed to others ,

MEMO
135 Noninterest bearing balances with commercial banks
in United States
....
136 Holding of commercial paper included in total loans
137 Holding of own acceptances included in commercial
and industrial loans
138 Commercial and industrial loans with remaining
maturity of one year or less
139 Predetermined interest rates
140 Floating interest rates
141 Commercial and industrial loans with remaining
maturity of more than one year
142 Predetermined interest rates
143 Floating interest rates

Illinois
Total
including
IBFs

Total
including
IBFs

Total
including
IBFs

23,640

29,026

16,368

7,030

3,704

12,670

3,063

57,992

n.a.

29,026

n.a.

7,030

n.a.

12,670

n.a.

n.a.

23,640

n.a.

16,368

n.a.

3,704

n.a.

3,063

1,490
628

23

49,343
16,142
33,201

23

1,876

3,033
61,349
38,961
22,388

1,241
437

I

n.a.

35,486
21,408
14,078
33,818
10,150
23,668

140
113

0

850

I

n.a.

11,457
8,028
3,429

51
70
138

n.a.

9,108
6,277
2,831

7,640
3,550
4,089

1•

4,695
1,806
2,889

Total
excluding
IBFs
144 Components of total non transaction accounts,
included in total deposits and credit balances of
nontransactional accounts, including IBFs
145 Time CDs in denominations of $100 000 or more...
146 Other time deposits in denominations of
$100,000 or more
147 Time CDs in denominations of $100,000 or more
with remaining maturity of more than 12 months

IBFs
only3

Total
excluding
IBFs

IBFs
only3

Total
excluding
IBFs

IBFs
only3

Total
excluding
IBFs

70,841
40,316

t

61,962
33,703

t

1,658
1,077

f

2,935
2,073

9,890

n.a.

8,838

n.a.

20,636

t

348 Market value of securities held
149 Immediately available funds with a maturity greater
than one day included in other borrowed money
150 Number of reports filed6

162



1

19,422

Total
including
IBFs

IBFs
only3

Total
including
IBFs

IBFs
only3

32,809

9,388

26,473

59,437
510

n.a.

30,748
231

0

51S

n.a.

64

1

i

n.a.

IBFs
only3

1

393

n.a.

470

J

Total
including
IBFs

IBFs
only3

7,221

4,012

1,829

1,229

228

n.a.

24,608'
124

n.a.

2,775
51

n.i .

Total
including
IBFs

IBFs
only3

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued

B. June 30, 19881
Millions of dollars

All states2

New York

IBFs
only3

Total
including
IBFs

478,436

227,580

2 Claims on nonrelated parties
434,873
3 Cash and balances due from depository institutions .
... 111,718
441
4 Cash items in process of collection and unposted debits . . .
5 Currency and coin (U S and foreign)
27
60,488
6 Balances with depository institutions in United States
7
U.S. branches and agencies of other foreign banks
(including IBFs)
. .
53,599
8
Other depository institutions in United States
6,889
(including IBFs)
9 Balances with hanks in foreign countries and with
49,655
foreign central banks
1,769
10
Foreign branches of U.S. banks
11
Other banks in foreign countries and foreign
47,886
central blinks
12 Balances with Federal Reserve Banks
1,108

Item

Total
including
IBFs

1 Total assets4

California

Illinois

IBFs
only3

Total
including
IBFs

IBFs
only3

73,498

31,635

31,775

10,090

150,366
75,984
0
n.a.
35,760

64,989
10,270
30
2
5,758

25,897
9,601
0
n.a.
5,194

31,747
8,222
4
2
4,970

9,758
6,731
0
n.a.
3,586

33,848

5,311

5,091

4,264

3,453

IBFs
only3

Total
including
IBFs

348,858

178,352

190,751
94,276
0
n.a.
45,126

318,808
90,546
392
20
48,593

42,958

43,113
5,480

1,911

446

103

706

133

40,667
1,493

40,224
1,383

4,421
124

4,407
123

3,163
111

3,145
106

47,504
n.a.

39,174
874

38,841
n.a.

4,297
60

4,283
n.a.

3,052
83

3,039
n.a.

262,271

89,257

179,860

68,880

45,042

15,185

21,872

2,700

34,875
6,657

13 Total securities and loans

2,168
49,150
1,646

10,014
n.a.

28,068
6,186

7,725
n.a.

4,341
279

1,863
n.a.

1,309
126

291
n.a.

14 Total securities book value
15 U.S. Treasury ...
16 Obligations of U.S. government agencies
and corporntions
17 Other bonds, notes, debentures, and corporate stock
(including state and local securities)

4,066

n.a.

4,031

24,152

10,014

17,851

7,725

4,027

1,863

1,183

291

18 Federal funds sold and securities purchased under
agreements to resell
19 U S. branches and agencies of other foreign banks
20 Commercial banks in United States
21 Other

16,168
9,394
2,741
4,033

1,732
797
27
908

15,259
8,823
2,552
3,884

1,377
578
27
773

322
257
54
11

75
75
0
0

132
98
30
3

56
56
0
0

227,617
221
227,395

79,346
103
79,243

151,899
107
151,792

61,192
37
61,155

40,802
101
40,701

13,388
65
13,322

20,569
7
20,563

2,409
0
2,409

17,600
62,208
32,455
29,274
3,181

179
44,298
16,487
15,586
901

9,204
44,996
22,440
19,726
2,714

153
31,146
10,239
9,580
659

3,670
13,004
8,141
7,809
332

19
10,154
5,377
5,201
177

2,541
2,569
1,599
1,516
83

0
1,707
776
711
65

140
29,612
751
28,862
5,765

20
27,791
689
27,102
510

65
22,491
628
21,863
3,765

20
20,887
567
20,320
420

40
4,823
62
4,761
865

0
4,777
62
4,715
37

25
945
58
887
690

0
931
58
874
35

118,054
95,909
22,145
878
340
537

17,833
290
17,543
17
0
17

73,569
55,554
18,015
679
231
448

14,939
235
14,704
12
0
12

21,276
18,677
2,599
163
92
72

2,089
52
2,037
0
0
0

14,272
13,736
537
6
1
5

441
0
441
5
0
5

17,948

16,306

15,699

14,348

1,119

1,086

242

221

2,955
2,210

23
180

2,281
1,705

19
154

638
66

0
3

0
249

0
0

44,715
29,367
19,517
9,849

5,486
n.a.
n.a.
n.a.

33,142
21,113
11,929
9,184

4,126
n.a.
n.a.
n.a.

9,356
7,075
6,664
410

1,037
n.a.
n.a.
n.a.

1,521
827
818
9

271
n.a.
n.a.
n.a.

15,348
43,563

5,486
36,829

12,029
30,050

4,126
27,986

2,281
8,508

1,037
5,738

694
28

271
333

43,563

n.a.

30,050

n.a.

8,508

n.a.

n.a.

36,829

n.a.

27,986

n.a.

5,738

n.a.

478,436

227,580

348,858

178,352

73,498

31,635

31,775

10,090

413,507

197,857

314,022

156,881

66,800

28,674

18,268

5,869

22 Total loans gross
23 Less: Unearned income on loans
24 Equals* Loans uet
Total loans, gross, by category
25 Real estate loans . , .
26 Loans to depositoiy institutions
27 Commercial banks in United States (including IBFs)
28
U.S. branches and agencies of other foreign banks
29
Other commercial banks in United States
30 Other depository institutions in United States
(including IBFs)
31
Banks in foreign countries
32
Foreign branches of U S banks
33 Other banks in foreign countries
34 Other financial institutions

.

35 Commercial and industrial loans
36 U.S. addressees (domicile)
37 Non-U,S. addressees (domicile)
38 Acceptances of other banks
39 U.S. banks
40 Foreign banks
41 Loans to foreign governments and official institutions
(including foreign central banks)
42 Loans for purchasing or carrying securities
(secured and unsecured)
43 All other loans
44 All other assets
45 Customers* liability on acceptances outstanding
46
U.S. addressees (domicile)
47
Non-U S. addressees (domicile)
....
48 Other assets including other claims on
nonrelated parties
49 Net due from related depository institutions5
50 Net due from head office and other related depository
institutions5 ,
51 Net due from establishing entity, head offices, and
other related depository institutions5
52 Total liabilities

4

.

53 Liabilities to nonrelated parties




n.a.

34

n.a.

0

28

n.a.

n.a.
333

163

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
B. June 30, 19881—Continued
Millions of dollars
All states2
Item

54 Total deposits and credit balances
55 Individuals, partnerships, and corporations
U.S. addressees (domicile)
Non-U.S. addressees (domicile)
Commercial banks in United States (including IBFs) .
U.S. branches and agencies of other
foreign banks
Other commercial banks in United States
Banks in foreign countries
Foreign branches of U.S. banks
Other banks in foreign countries
Foreign governments and official institutions
(including foreign central banks)
All other deposits and credit balances
Certified and official checks
67 Transaction accounts and credit balances
(excluding IBFs)
68 Individuals, partnerships, and corporations
69
U.S. addressees (domicile)
70
Non-U.S. addressees (domicile)
71 Commercial banks in United States (including IBFs) .
72
U.S. branches and agencies of other foreign banks.
73
Other commercial banks in United States
74 Banks in foreign countries
75
Foreign branches of U.S. banks
76
Other banks in foreign countries
77 Foreign governments and official institutions
(including foreign central banks)
78 All other deposits and credit balances
79 Certified and official checks
80 Demand deposits (included in transaction accounts and
credit balances)
81 Individuals, partnerships, and corporations
82
U.S. addressees (domicile)
83
Non-U.S. addressees (domicile)
84 Commercial banks in United States (including IBFs) .
85
U.S. branches and agencies of other
foreign banks
86
Other commercial banks in United States
87 Banks in foreign countries
88
Foreign branches of U.S. banks
89
Other banks in foreign countries
90 Foreign governments and official institutions
(including foreign central banks)
91 All other deposits and credit balances
92 Certified and official checks
93 Nontransaction accounts (including MMDAs,
excluding IBFs)
94 Individuals, partnerships, and corporations
95
U.S. addressees (domicile)
96
Non-U.S. addressees (domicile)
97 Commercial banks in United States (including IBFs) .
98
U.S. branches and agencies of other foreign banks.
99
Other commercial banks in United States
100 Banks in foreign countries
101
Foreign branches of U.S. banks
102
Other banks in foreign countries
103 Foreign governments and official institutions
(including foreign central banks)
104 All other deposits and credit balances
105 IBF deposit liabilities
106 Individuals, partnerships, and corporations
107
U.S. addressees (domicile)
108
Non-U.S. addressees (domicile)
109 Commercial banks in United States
(including IBFs)
110
U.S. branches and agencies of other foreign banks.
111
Other commercial banks in United States
112 Banks in foreign countries
113
Foreign branches of U.S. banks
114
Other banks in foreign countries
115 Foreign governments and official institutions
(including foreign central banks)
116 All other deposits and credit balances

164



Total
excluding
IBFs

New York

California

IBFs
only3

Total
excluding
IBFs

49,756
36,952
29,612
7,341
8,809

136,410
8,525
134
8,391
4,4
473

45,124
6,303
79,264
7,469
71,795

2,620
6,189
2,164
235
1,929

10,436
143

783
624
423

IBFs
only3

Total
excluding
IBFs

60,583
46,828
35,564
11,264
9,491

154,436
13,166
138
13,028
51,427

3,165
6,326
2,283
255
2,028
840
637
504

Illinois

IBFs
only3

Total
excluding
IBFs

IBFs
only3

2,184
2,062
607
1,455
28

9,373
518
0
518
4,671

349
,0
2,748
244
,8
264
637

3,437
85
2
83
1,526

39,222
5,521
72,884
6,217
66,667

6
21
36
20
16

4,158
513
4,066
732
3,334

538
99
2
0
2

1,305
221
1,809
447
1,362

10,116
143

24
1
33

118
0
n.a.

2
2
18

18
0
n.a.

6,592
4,294
2,824
1,469
265
90
175
900
49
852

5,488
3,360
2,310
1,050
258
90
168
843
49
794

247
204
159
46
0
0
0
6
0
6

220
196
192
4
0
t)
0
2
0
2

398
231
504

381
222
423

4
1
33

2
1
18

5,563
3,706
2,448
1,258
92

4,722
3,031
2,062
969
87

189
146
119
27
0

205
182
179
3
0

18
74
795
49
747

18
69
740
49
691

0
0
5
0
5

0
0
2
0
2

337
128
504

321
120
423

3
0
33

2
1
18

53,991
42,534
32,740
9,794
9,226
3,075
6,151
1,383
206
1,177

44,268
33,592
27,302
6,290
8,551
2,530
6,021
1,321
186
1,135

1,937
1,858
448
1,409
27
6
21
30
20
10

3,189
2,552
2,292
260
636
538
99
0
0
0

442
406

402
403

20
1

0
1

154,436
13,166
138
13,028

136,410
8,525
134
8,391

9,373
518
0
518

3,437
85
2
83

51,427
45,124
6,303
79,264
7,469
71,795

44,743
39,222
5,521
72,884
6,217
66,667

4,671
4,158
513
4,066
732
3,334

1,526
1,305
221
1,809
447
1,362

10,436
143

10,116
143

118
0

18
0

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
B. June 30, 19881—Continued
Millions of dollars
All states2
Item

New York

California

Illinois

Total
including
IBFs

IBFs
only3

Total
including
IBFs

IBFs
only3

Total
including
IBFs

IBFs
only3

Total
including
IBFs

IBFs
only3

54,221
11,039
21,730
21,452
99,122

2,005
446
74
1,485
36,648

39,926
7,697
13,340
18,889
55,058

1,415
134
39
1,242
15,395

9,865
2,496
5,611
1,758
35,132

326
197
30
99
18,123

3,749
726
2,399
624
6,347

94
40
0
54
2,138

65,654
29,832

16,871
2,727

33,942
18,649

3,856
715

25,135
7,880

11,433
1,646

4,369
2,550

805
60

35,823
18,512
2,769
15,743
14,955

14,144
17,843
2,650
15,193
1,934

15,293
10,167
1,031
9,136
10,950

3,141
9,653
985
8,669
1,886

17,254
6,691
1,427
5,264
3,306

9,787
6,675
1,426
5,248
15

1,819
1,386
217
1,169
591

745
1,300
147
1,153
33

129 All other liabilities
130 Branch or agency liability on acceptances executed
and outstanding
131 Other liabilities to nonrelated parties

45,146

4,769

32,872

3,661

10,246

853

1,325

200

32,730
12,416

n.a.
4,769

22,656
10,216

n.a.
3,661

8,734
1,512

n.a.
853

845
480

n.a.
200

132 Net due to related depository institutions5
133 Net due to head office and other related depository
institutions^
134 Net due to establishing entity, head office, and other
related depository institutions^

64,929

29,722

34,836

21,471

6,698

2,961

13,507

4,221

64,929

n.a.

34,836

n.a.

6,698

n.a.

13,507

n.a.

n.a.

29,722

n.a.

21,471

n.a.

2,961

n.a.

4,221

117 Federal funds purchased and securities sold under
agreements to repurchase
118 U.S. branches and agencies of other foreign banks
119 Other commercial banks in United States
120 Other
......
121 Other borrowed money
122 Owed to nonrelated commercial banks in United States
(including IBFs)
123 Owed to U S offices of nonrelated U S banks
124 Owed to U.S* branches and agencies of nonrelated
foreign banks
125 Owed to nonrelated banks in foreign countries
.
126 Owed to foreign branches of nonrelated U.S. banks
127 Owed to foreign offices of nonrelated foreign banks
128 Owed to others

MEMO
135 Non-interest bearing balances with commercial banks
in United States
136 Holding of commercial paper included in total loans
137 Holding of own acceptances included in commercial
and industrial loans
138 Commercial and industrial loans with remaining maturity
of one year or less
139 Predetermined interest rates
140 Floating interest rates
141 Commercial and industrial loans with remaining maturity
of more than one year
142 Predetermined interest rates
143 Floating interest rates

2,052
613

10

1,817
363

10

110
153

0

11

63
77

2,699

1,625

802

144

64,109
41,270
22,838

36,500
22,283
14,217

11,835
8,435
3,400

9,599
6,531
3,068

n.a.

n.a.

n.a.

9,441
3,889
5,552

53,945
17,388
36,557

v

37,069
11,129
25,940

Total
excluding
IBFs
144 Components of total nontransaction accounts,
included in total deposits and credit balances of
non transact ional accounts including IBFs
145 Time CDs in denominations of $100,000 or more
146 Other time deposits in denominations of
$100,000 or more
147 Time CDs in denominations of $100,000 or more with
remaining maturity of more than 12 months

IBFs
only^

Total
excluding
IBFs

IBFs
only3

Total
excluding
IBFs

IBFs
only3

Total
excluding
IBFs

71,464
40,620

1

61,929
33,505

f

1,780
1,150

t

3,463
2,513

9,546

n.a.

8,452

n.a.

21,298

I




1

19,973

Total
including
IBFs
148 Market value of securities held
149 Immediately available funds with a maturity greater than
one day included in other borrowed money
150 Number of reports filed6

0

IBFs
only3

Total
including
IBFs

32,644

9,111

57,769
516

n.a.

4,673
1,810
2,864

513

n.a.

118

1

IBFs
only3

Total
including
IBFs

26,309

6,956

29,597
235

n.a.

n.a.

IBFs
only3

f

428

n.a.

522

1

IBFs
only3

Total
including
IBFs

IBFs
only3

3,904

1,731

1,291

290

23,564
126

n.a.

3,059
52

n.a.

165

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
C. September 30, 19881
Millions of dollars
All states2

California

New York

Illinois

™S
^

Total
including
IBFs

IBFs
only3

74,985

33,945

33,966

10,786

154,851
83,162
0
n.a.
39,883

67,471
12,256
43
2
7,200

27,485
11,414
0
n.a.
6,450

33,950
8,086
6
2
4,989

10,284
6,575
0
n.a.
3,584

37,149

6,687

6,345

4,291

3,491

Total
including
IBFs

TRF _

IBFs
only3

Total
including
IBFs

IBFs
only3

240,234

357,553

188,467

2 Claims on nonrelated parties
442,034
3 Cash and balances due from depository institutions
120,786
4 Cash items in process of collection and unposted debits . . .
629
24
5 Currency and coin (U.S. and foreign)
6 Balances with depository institutions in United States
66,680
7
U.S. branches and agencies of other foreign banks
(including IBFs)
59,026
8
Other depository institutions in United States
7,654
(including IBFs)
9 Balances with banks in foreign countries and with
52,333
foreign central banks
1,394
10
Foreign branches of U S banks
11
Other banks in foreign countries and foreign central
50,939
banks
12 Balances with Federal Reserve Banks
1,120

196,118
102,104
0
n.a.
50,293

322,144
98,747
573
17
53,522

47,349

47,318

2,944

6,204

2,735

513

105

699

93

51,812
1,256

43,719
1,179

43,278
1,053

4,972
152

4,964
152

3,007
52

2,991
48

50,555
n.a.

42,540
915

42,225
n.a.

4,820
39

4,813
n.a.

2,955
82

2,943
n.a.

261,213

85,693

175,962

65,422

45,664

14,620

23,950

3,305

34,534
6,682

9,993
n.a.

27,918
6,195

7,605
n.a.

4,301
264

1,805
n.a.

1,288
156

412
n.a.

Item

490,766

1 Total assets4

13 Total securities and loans

Total
including
IBFs

only

14 Total securities book value
15 U.S. Treasury
16 Obligations of U.S. government agencies and
corporations
17 Other bonds, notes, debentures, and corporate stock
(including state and local securities)

23,467

9,993

17,376

7,605

4,002

1,805

1,132

412

18 Federal funds sold and securities purchased under
agreements to resell
19 U.S. branches and agencies of other foreign banks
20 Commercial banks in United States
21 Other

14,479
7,947
2,608
3,924

1,702
1,067
31
603

12,924
6,768
2,351
3,804

1,224
688
31
505

853
742
88
23

212
193
0
19

264
236
13
14

125
125
0
0

226,935
256
226,679

75,812
112
75,700

148,162
119
148,043

57,854
36
57,818

41,484
121
41,362

12,890
75
12,815

22,669
7
22,662

2,893
0
2,893

19,815
61,049
33,303
30,107
3,195

211
41,689
15,847
15,169
678

10,471
43,964
23,198
20,407
2,791

184
28,624
9,476
8,981
495

4,550
11,968
7,430
7,115
315

19
9,553
5,073
4,906
167

2,627
3,507
2,375
2,330
45

0
2,291
1,197
1,181
16

154
27,593
731
26,861
5,408

82
25,760
693
25,067
439

104
20,662
639
20,024
3,328

82
19,066
600
18,466
336

25
4,514
67
4,447
802

0
4,480
67
4,414
51

25
1,107
25
1,082
730

0
1,094
25
1,069
33

117,513
95,805
21,708
826
201
626

17,294
290
17,004
13
0
13

70,634
53,399
17,235
562
153
409

14,404
255
14,149
8
0
8

22,234
19,341
2,893
233
37
196

2,203
34
2,169
0
0
0

15,458
14,935
523
6
1
5

368
0
368
5
0
5

17,919

15,951

15,773

14,098

1,116

1,061

216

197

2,051
2,354

37
176

1,505
1,924

34
165

504
77

0
3

0
126

0
0

45,556
28,380
18,837
9,544
17,176
48,732

6,619
n.a.
n.a.
n.a.
6,619
44,116

34,512
20,815
11,988
8,827
13,696
35,409

5,044
n.a.
n.a.
n.a.
5,044
33,616

8,698
6,364
5,880
485
2,334
7,514

1,240
n.a.
n.a.
n.a.
1,240
6,460

1,650
863
857
6
786
16

283
n.a.
n.a.
n.a.
280
502

48,732

n.a.

35,409

n.a.

7,514

n.a.

n.a.

44,116

n.a.

33,616

n.a.

6,460

n.a.

490,766

240,234

357,553

188,467

74,985

33,945

33,966

10,786

427,227

213,488

326,268

169,538

67,623

31,064

18,534

6,367

22 Total loans, gross
23 Less' Unearned income on loans
24 Equals' Loans net
Total loans, gross, by category
25 Real estate loans
26 Loans to depository institutions
27 Commercial banks in United States (including IBFs) . .
28
U.S. branches and agencies of other foreign banks
29
Other commercial banks in United States
30 Other depository institutions in United States (including
IBFs)
31 Banks in foreign countries
32
Foreign branches of U.S. banks
33
Other banks in foreign countries
34 Other financial institutions
35 Commercial and industrial loans
36 U S addressees (domicile) .
37 Non-U S addressees (domicile)
38 Acceptances of other banks
39 U S banks
40 Foreign banks
41 Loans to foreign governments and official institutions
(including foreign central banks)
42 Loans for purchasing or carrying securities
(secured and unsecured)
43 All other loans
44 All other assets
45 Customers' liability on acceptances outstanding
46
U S. addressees (domicile) . . .
47
Non-U S addressees (domicile)
48 Other assets including other claims on nonrelated parties..
49 Net due from related depository institutions5
50 Net due from head office and other related depository
institutions5
51 Net due from establishing entity, head offices, and other
related depository institutions5
52 Total liabilities

4

53 Liabilities to nonrelated parties

166



4,385

n.a.

4,346

n.a.

35

n.a.

0

16

n.a.

n.a.
502

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
C. September 30, 19881—Continued
Millions of dollars
All states2
Item

54 Total deposits and credit balances.
55 Individuals, partnerships, and corporations .
U.S. addressees (domicile).
57
Non-U.S. addressees (domicile)
,
58 Commercial banks in United States (including IBFs)
59
U.S. branches and agencies of other foreign banks
60
Other commercial banks in United States
61 Banks in foreign countries
62
Foreign branches of U.S. banks
63
Other banks in foreign countries
64 Foreign governments and official institutions
(including foreign central banks)
65 All other deposits and credit balances
66 Certified and official checks
67 Transaction accounts and credit balances (excluding IBFs).
68 Individuals, partnerships, and corporations
69
U.S. addressees (domicile)
70
Non-U.S, addressees (domicile)
71 Commercial banks in United States (including IBFs)
72
U.S. branches and agencies of other foreign banks
73
Other commercial banks in United States
,
74 Banks in foreign countries
75
Foreign branches of U.S. banks
76
Other banks in foreign countries
,
77 Foreign governments and official institutions
(including foreign central banks)
,
78 All other deposits and credit balances
79 Certified and official checks
,
80 Demand deposits (included in transaction accounts and
credit balances)
Individuals, partnerships, and corporations
U.S. addressees (domicile)
Non-U.S, addressees (domicile)
Commercial banks in United States (including IBFs) .
U.S. branches and agencies of other foreign banks.
Other commercial banks in United States
Banks in foreign countries
Foreign branches of U.S. banks
Other banks in foreign countries
Foreign governments and official institutions
(including foreign central banks)
91 All other deposits and credit balances
92 Certified and official checks

81
82
83
84
85
86
87
88
89
90

93 Nontransaction accounts (including MMDAs,
excluding IBFs)
94 Individuals, partnerships, and corporations
95
U.S. addressees (domicile)
96
Non-U.S. addressees (domicile)
97 Commercial banks in United States (including IBFs) .
98
U.S. branches and agencies of other foreign banks.
99
Other commercial banks in United States
100 Banks in foreign countries
101
Foreign branches of U.S. banks
102
Other banks in foreign countries
103 Foreign governments and official institutions
(including foreign central banks)
104 All other deposits and credit balances
105 IBF deposit liabilities.
106 Individuals, partnerships, and corporations .
107
''
U.S. addressees (domicile).
108
Non-U.S. addressees (domicile)
109 Commercial banks in United States (including IBFs) .
110
U.S. branches and agencies of other foreign banks.
111
Other commercial banks in United States
112 Banks in foreign countries
113
Foreign branches of U.S. banks
114
Other banks in foreign countries
115 Foreign governments and official institutions
(including foreign central banks)
116 All other deposits and credit balances




New York

California

Illinois

Total
excluding
IBFs

IBFs
only3

Total
excluding
IBFs

IBFs
only3

Total
excluding
IBFs

IBFs
only3

Total
excluding
IBFs

IBFs
only3

63,528
49,889
38,048
11,841
9,364
3,411
5,953
1,914
227
1,686

170,925
14,108
285
13,823
60,407
53,002
7,405
85,182
8,496
76,685

52,199
39,682
32,048
7,634
8,659
2,867
5,792
1,789
207
1,582

149,996
9,347
266
9,081
52,231
45,690
6,541
77,484
7,118
70,366

2,378
2,215
679
1,536
31
6
25
38
20
18

11,945
420
0
420
5,687
5,155
532
5,697
1,072
4,624

3,160
2,491
2,120
371
645
527
118
2
0
2

3,665
44
18
26
2,219
1,971
248
1,384
221
1,163

1,040
800
521

11,194
34
n.a.

891
747
431

10,901
34

20
40
35

142
0
n.a.

3
2
17

18
0

6,825
4,353
3,024
1,329
327
110
217
827
44
783

5,678
3,457
2,498
959
321
109
212
762
44
718

291
244
194
50
0
0
0
7
0
7

223
200
196
4
0
0
0
2
0
2

519
278
521

441
267
431

2
1
35

3
1
17

5,801
3,784
2,639
1,145
133
10
123
686
44
642

4,910
3,135
2,261
874
129
9
120
626
44
583

204
159
127
32
0
0
0
7
0
7

207

443
233
521

365
224
431

2
0
35

3
1
17

56,703
45,536
35,024
10,513
9,038
3,302
5,736
1,087
184
903

46,521
36,225
29,551
6,675
8,338
2,758
5,580
1,028
164
864

2,088
1,970
484
1,486
31
6
25
30
20
10

2,937
2,292
1,924

521
521

450
480

18
39

0
1

184

180
4
0
0
0
2
0
2

367
644

527
118
0
0
0

170,925
14,108
285
13,823
60,407
53,002
7,405
85,182
8,496
76,685

149,996
9,347
266
9,081
52,231
45,690
6,541
77,484
7,118
70,366

11,945
420
0
420
5,687
5,155
532
5,697
1,072
4,624

3,665
44
18
26
2,219
1,971
248
1,384
221
1,163

11,194
34

10,901
34

142
0

18
0

167

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
C. September 30, 19881—Continued
Millions of dollars
All states2
Item

129 All other liabilities
130 Branch or agency liability on acceptances executed
and outstanding
131 Other liabilities to nonrelated parties
5

132 Net due to related depository institutions .
133
Net due to head office and other related
depository institutions^
134 Net due to establishing entity, head office, and other
related depository institutions5

136
137
138
139
140
141
142
143

California

Illinois

Total
including
IBFs

117 Federal funds purchased and securities sold under
agreements to repurchase
118 U S. branches and agencies of other foreign banks
119 Other commercial banks in United States
120 Other
121 Other borrowed money
122 Owed to nonrelated commercial banks in United States
(including IBFs)
123 Owed to U.S. offices of nonrelated U.S. banks
124 Owed to U.S. branches and agencies of nonrelated
foreign banks
125 Owed to nonrelated banks in foreign countries
126 Owed to foreign branches of nonrelated U.S. banks
127 Owed to foreign offices of nonrelated foreign banks
128 Owed to others

135

New York

MEMO
Noninterest bearing balances with commercial banks
in United States
Holding of commercial paper included in total loans .
Holding of own acceptances included in commercial
and industrial loans
Commercial and industrial loans with remaining
maturity of one year or less .
Predetermined interest rates
Floating interest rates
Commercial and industrial loans with remaining
maturity of more than one year
Predetermined interest rates
Floating interest rates

IBFs
only3

Total
including
IBFs

IBFs
only3

Tota:
including
IBFs

IBFs
only3

Total
including
IBFs

IBFs
only3

48,867
11,577
17,008
20,281
98,483

2,463
767
93
1,603
34,570

37,513
7,939
11,211
18,362
52,889

1,272
141
7
1,125
13,966

8,422
2,55?
4,483
1,375
35,294

777
449
81
247
17, 361

2,297
836
1,158
302
7,963

146
65
0
81
2,377

63,747
27,672

14,682
2,480

32,465
16,417

3,604
796

23,945
7,334

9, 503
367

5,465
3,292

959
77

...

36,075
18,424
2,716
15,708
16,312

12,202
17,803
2,550
15,254
2,085

16,048
8,800
1,131
7,670
11,624

2,808
8,292
970
7,322
2,070

16,611
7,854
1,323
6,532
3,495

8, 136
7, 843
1, 323
6, 520
15

2,173
1,441
182
1,259
1,057

882
1,418
182
1,236
0

45,424

5,529

33,671

4,304

9,582

980

1,449

179

n.a.
5,529

22,194
11,477

n.a.
4,304

7,873
1,709

n.

...

31,449
13,975

980

889
560

n.a.
179

....

63,539

26,746

31,285

18,929

7,362

2, 881

15,432

4,420

63,539

n.a.

31,285

n.a.

7,362

n. a.

15,432

n.a.

n.a.

26,746

n.a.

18,929

n.a.

2, 881

n.a.

4,420

1,881
571

80

1,641
373

80
i,

117
132

0
>

54
55

2,653

1,335

1,011

174

61,411
41,316
20,095

33,521
22,119
11,402

12,134
9,018
3,116

9,728
6,185
3,542

n.a.

n.a.

37,114
10,830
26,284

56,102
17,027
39,074

n. a.

10,100
3,818
6,232

i

IBFs
only

Total
excluding
IBFs

IBFs
only

Total
excluding
IBFs

IBFs
only

Total
excluding
IBFs

75,627
41,892

t

65,424
34,773

f

1,894
1,168

1

3,235
2,122

10,510

n.a.

9,144

n.a.

Total
including
IBFs
148 Market value of securities held
149 Immediately available funds with a maturity greater than
one day included in other borrowed money
150 Number of reports filed6

168



IBFs
only

Total
including
IBFs

IBFs
only

43,181

18,216

37,045

57,651

n.a.

28,890

512

234

k

600

n. a.

574

126

21,507

23,225

n.a.

5,730
1,926
3,804

Total
excluding
IBFs
144 Components of total non transaction accounts,
included in total deposits and credit balances of
nontransactional accounts including IBFs . . . .
145 Time CDs in denominations of $100,000 or more
146 Other time deposits in denominations of $100,000 or
more
147 Time CDs in denominations of $100,000 or more
with remaining maturity of more than 12 months

0

\r

IBFs
only

t

539

n.a.

Total
including
IBFs

IBFs
only

16,119

3,958

1,658

1,121

268

n.a.

24,115

n.a.

3,160

n.a.

124

Total
including
IBFs

53

IBFs
only

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
D. December 31, 19881
Millions of dollars
All states2
Item

New York

IBFs
only3

Total
including
IBFs

513,446

247,576

464,159
2 Claims on nonrelated parties
120,366
3 Cash and balances due from depository institutions
696
4 Cash items in process of collection and unposted debits . . .
5 Currency and coin (U.S. and foreign)
29
6 Balances with depository institutions in United States
62,252
7
U.S. branches and agencies of other foreign banks
54,297
(including IBFs)
8
Other depository institutions in United States
7,954
(including IBFs)
9 Balances with banks in foreign countries and with
56,472
foreign central banks
1,375
10
Foreign branches of U S banks
11
Other banks in foreign countries and foreign
55,097
central banks
918
12 Balances with Federal Reserve Banks
. . .

1 Total assets4

13 Total securities and loans
14 Total securities book value
15 U.S. Treasury
16 Obligations of U.S. government agencies
and corporations
17 Other bonds, notes, debentures, and corporate stock
(including state and local securities)
18 Federal funds sold and securities purchased under
agreements to resell
19 U S branches and agencies of other foreign banks .
20 Commercial banks in United States
21 Other
22 Total loans gross
23 Less: Unearned income on loans
24 Equals* Loans net
Total loans, grass, by category
25 Real estate loans
26 Loans to depository institutions
27 Commercial banks in United States (including IBFs) ....
28
U.S. branches and agencies of other foreign banks
29
Other commercial banks in United States
30 Other depository institutions in United States
(including IBFs)
31 Banks in foreign countries
32
Foreign branches of U S banks .
33
Other banks in foreign countries
34 Other financial institutions
35 Commercial and industrial loans
36 U S addressees (domicile)
37 Non-U.S. addressees (domicile)
38 Acceptances of other banks
39 U S banks
40 Foreign banks
41 Loans to foreign governments and official institutions
(including foreign central banks)
42 Loans for purchasing or carrying securities
(secured and unsecured)
43 All other loans
44 All other assets
45 Customers' liability on acceptances outstanding
46
U S addressees (domicile)
47
Non-U S addressees (domicile)..
48 Other assets including other claims on nonrelated parties. .
49 Net due from related depository institutions5
50 Net due from head office and other related depository
institutions5
51 Net due from establishing entity, head offices, and
other related depository institutions5

Total
including
IBFs

California

IBFs
only3

Total
including
IBFs

376,188

193,926

198,812
101,988
0
n.a.
46,259

341,472
99,158
657
21
50,446

43,659

43,994

Illinois

IBFs
only3

Total
including
IBFs

IBFs
only3

74,701

33,656

36,739

12,851

157,453
83,850
0
n.a.
37,134

67,626
10,813
20
2
5,821

26,203
10,012
0
n.a.
5,133

36,306
8,956
8
2
5,329

11,935
7,392
0
n.a.
3,873

34,748

5,309

5,003

4,568

3,810

2,601

6,452

2,386

512

130

761

63

55,729
1,304

47,349
1,164

46,715
1,101

4,889
139

4,879
134

3,535
40

3,519
40

54,425
n.a.

46,185
684

45,614
n.a.

4,751
81

4,745
n.a.

3,495
83

3,479
n.a.

277,280

88,839

188,175

67,516

47,351

14,876

25,512

4,118

33,884
5,875

10,031
n.a.

27,588
5,500

7,640
n.a.

4,132
149

1,755
n.a.

1,313
156

470
n.a.

4,703

n.a.

4,653

n.a.

44

n.a.

0

n.a.

23,306

10,031

17,434

7,640

3,939

1,755

1,156

470

19,016
11,114
5,406
2,496

1,506
912
48
545

17,066
9,545
5,117
2,403

1,050
523
31
495

1,170
1,017
123
29

235
230
5
0

396
322
64
10

120
100
10
10

243,639
243
243,396

78,841
34
78,807

160,761
175
160,587

59,906
30
59,876

43,267
48
43,218

13,123
3
13,120

24,212
13
24,199

3,649
1
3,648

22,085
66,185
36,635
33,496
3,139

258
43,991
16,743
16,126
617

11,719
47,124
25,403
22,702
2,700

216
29,773
10,088
9,627
462

5,397
12,777
7,555
7,201
353

31
9,802
4,671
4,516
155

2,805
4,687
3,299
3,264
34

0
3,186
1,810
1,809
1

112
29,439
647
28,792
6,382

4
27,244
541
26,703
495

62
21,659
579
21,079
4,197

4
19,681
477
19,204
339

50
5,172
52
5,120
850

0
5,130
52
5,078
90

0
1,389
11
1,377
652

0
1,376
11
1,365
40

124,755
103,031
21,724
827
221
606

17,649
236
17,413
18
0
18

76,832
59,176
17,116
668
175
493

14,866
183
14,683
14
0
14

22,270
19,324
2,945
121
34
88

2,166
47
2,119
0
0
0

15,700
15,231
469
14
0
14

294
6
288
4
0
4

18,287

16,191

16,276

14,471

1,090

1,034

144

125

2,954
2,164

59
180

2,217
1,729

54
173

685
77

0
0

1
208

0
0

47,496
30,116
19,297
10,819
17,380
49,287

6,480
n.a.
n.a.
n.a.
6,480
48,764

37,074
23,268
13,004
10,264
13,806
34,716

5,037
n.a.
n.a.
n.a.
5,037
36,473

8,292
5,933
5,612
321
2,359
7,076

1,080
n.a.
n.a.
n.a.
1,080
7,453

1,443
630
625
6
812
433

304
n.a.
n.a.
n.a.
304
916

49,287

n.a.

34,716

n.a.

7,076

n.a.

433

n.a.

n.a.

48,764

n.a.

36,473

n.a.

7,453

n.a.

52 Total liabilities4

513,446

247,576

376,188

193,926

74,701

33,656

36,739

12,851

53 Liabilities to nonrelated parties

440,308

218,523

336,131

172,915

67,651

31,134

20,707

7,750




916

169

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
D. December 31, 19881—Continued
Millions of dollars
All states2
Item

New York

California

IBFs
only3

Total
excluding
IBFs

54,882
43,076
35,238
7,839
7,829
2,727
5,102
1,602
196
1,407

151,877
9,414
442
8,972
47,343
41,800
5,543
87,404
6,509
80,895

963
765
645

7,485
231
n.a.

Illinois

IBFs
only3

Total
excluding
IBFs

68,094
54,728
42,138
12,590
9,002
3,536
5,466
1,736
216
1,520

173,259
14,323
456
13,866
55,472
49,065
6,407
95,485
7,843
87,642

,
,
,

1,099
807
722

7,748
231
n.a.

67 Transaction accounts and credit balances (excluding IBFs),
68 Individuals, partnerships, and corporations
69
U.S. addressees (domicile)
70
Non-U.S. addressees (domicile)
71 Commercial banks in United States (including IBFs)
72
U.S. branches and agencies of other foreign banks
73
Other commercial banks in United States
74 Banks in foreign countries
75
Foreign branches of U.S. banks
76
Other banks in foreign countries
77 Foreign governments and official institutions
(including foreign central banks)
78 All other deposits and credit balances
79 Certified and official checks

6,830
4,435
3,083
1,352
239
91
147
814
30
784

5,654
3,519
2,528
991
234
91
143
746
30
715

257
212
168
45
1
0
1
11
0

224
199
195
4
0
0
0

445
175
722

346
164
645

2
1
31

2
2
19

5,826
3,804
2,684
1,120
79
22
57
699
30
668

4,914
3,137
2,286
850
76
22
54
637
30
607

178
135
107
28
0
0
0

208
183
179
4
0
0
0

406
116
722

309
110
645

2
0
31

2
2
19

61,263
50,293
39,054
11,238
8,763
3,445
5,318
922
185
736

49,228
39,557
32,709
6,848
7,596
2,636
4,959

2,539
1,974
457
1,517
488
232
256

3S424
2,773
1,972
800
651
557
94
0
0
0

653
632

54 Total deposits and credit balances
55 Individuals, partnerships, and corporations
56
U.S. addressees (domicile)...
57
Non-U.S. addressees (domicile)
58 Commercial banks in United States (including IBFs)
59
U.S. branches and agencies of other foreign banks
60
Other commercial banks in United States
61 Banks in foreign countries
62
Foreign branches of U.S. banks
63
Other banks in foreign countries
64 Foreign governments and official institutions
(including foreign central banks)
65 All other deposits and credit balances
66 Certified and official checks

80 Demand deposits (included in transaction accounts
and credit balances)
81 Individuals, partnerships, and corporations
82
U.S. addressees (domicile)
83
Non-U.S. addressees (domicile)
84 Commercial banks in United States (including IBFs)
85
U.S. branches and agencies of other foreign banks
86
Other commercial banks in United States
87 Banks in foreign countries
88
Foreign branches of U.S. banks
89
Other banks in foreign countries
90 Foreign governments and official institutions
(including foreign central banks)
91 All other deposits and credit balances
92 Certified ana official checks
93 Nontransaction accounts (including MMDAs,
excluding IBFs)
94 Individuals, partnerships, and corporations
95
U.S. addressees (domicile)
96
Non-U.S. addressees (domicile)
97 Commercial banks in United States (including IBFs).
98
U.S. branches and agencies of other foreign banks.
99
Other commercial banks in United States
100 Banks in foreign countries
101
Foreign branches of U.S. banks
102
Other banks in foreign countries
103 Foreign governments and official institutions
(including foreign central banks)
104 All other deposits and credit balances
105 IBF deposit liabilities
106 Individuals, partnerships, and corporations
107
U.S. addressees (domicile)
108
Non-U.S. addressees (domicile)
109 Commercial banks in United States (including IBFs) .
110
U.S. branches and agencies of other foreign banks.
111
Other commercial banks in United States
112 Banks in foreign countries
113
Foreign branches of U.S. banks
114
Other banks in foreign countries
115 Foreign governments and official institutions
(including foreign central banks)
116 All other deposits and credit balances

170



Total
excluding
IBFs

,
,

,
,
,

IBFs
only3

Total
excluding
IBFs

IBFs
only3

2,796
2,187
625
1,562
489
232
257
41
20
21

12,051
327
0
327
5,643
5,059
584
5,979
998
4,981

3,648
2,971
2,167
804
651
557
94

3,807
48
13
3-5
2,117
1,890
227
1,623
236
1,387

19
29
31

101
0
n.a.

2
2
19

2

11
0
11

2

20
10

617
602

3
0

30

165
691

19
0

3
0

11

857

3
0
3

18
28

0

1

173,259
14,323
456
13,866
55,472
49,065
6,407
95,485
7,843
87,642

151,877
9,414
442
8,972
47,343
41,800
5,543
87,404
6,509
80,895

12,051
327
0
327
5,643
5,059
584
5,979
998
4,981

3,807
48
113
35
2,117

7,748
231

7,485
231

101
0

19
0

1,890

227
1,623
236
1,387

63. Assets and liabilities of U.S. branches and agencies of foreign banks—Continued
D. December 31, 19881—Continued
Millions of dollars
All states2

New York

California

Illinois

Total
including
IBFs

IBFs
only3

Total
including
IBFs

IBFs
only3

Total
including
IBFs

IBFs
only^

Total
including
IBFs

IBFs
only3

45,694
11,982
13,288
20,424
105,453

4,505
709
406
2, 390
35,001

34,531
7,921
8,199
18,410
58,387

2,135
386
62
1,688
14,408

8,730
3,430
3,728
1,572
34,718

2, 126
1,271
342
513
16,009

1,896
404
1,245
247
10,041

45
0
0
45
3,660

65,535
29,177

13,592
2,465

34,435
17,401

2,992
868

23,364
7,638

8,797
327

6,003
3,429

1,236
81

36,358
19,361
2,325
17,036
20,558

11, 127
18, 878
2, 218
16, 660
2,531

17,035
9,388
760
8,628
14,564

2,124
8,977
655
8,321
2,440

15,725
7,131
1,228
5,903
4,224

7, 470
7, 121
1, 228
5, 893
91

2,573
2,435
209
2,225
1,603

1,155
2,424
209
2,215
0

129 All other liabilities
130 Branch or agency liability on acceptances executed
and outstanding
131 Other liabilities to nonrelated parties..

47,808

5,758

36,454

4,494

9,356

948

1,316

237

33,463
14,345

n. a.
5,758

24,922
11,532

n.a.
4,494

7,328
2,029

n. a.
948

774
542

n.a.
237

132 Net due to related depository institutions5
133 Net due to head office and other related
depository institutions^
134 Net due to establishing entity, head office, and
other related depository institutions5

73,138

29,053

40,057

21,011

7,050

2, 522

16,032

5,101

73,138

n. a.

40,057

n.a.

7,050

n. a.

16,032

n.a.

n.a.

29, 053

n.a.

21,011

n.a.

2, 522

n.a.

5,101

Item

117 Federal funds purchased and securities sold under
agreements to repurchase
118 U.S. branches and agencies of other foreign banks
119 Other commercial banks in United States
120 Other
121 Other borrowed money
122 Owed to nonrelated commercial banks in United States
(including IBFs)
123 Owed to U S. offices of nonrelated U.S banks
124 Owed to U.S. branches and agencies of nonrelated
foreign banks
125 Owed to nonrelated banks in foreign countries
126 Owed to foreign branches of nonrelated U S banks
127 Owed to foreign offices of nonrelated foreign banks
128 Owed to others ,

135
136
137
138
139
140

MEMO
Noninterest bearing balances with commercial banks
in United States
Holding of commercial paper included in total loans
Holding of own acceptances included in commercial
and industrial loans
Commercial and industrial loans with remaining
maturity of one year or less
Predetermined interest rates
Floating interest rates

141 Commercial and industrial loans with remaining
maturity of more than one year
142 Predetermined interest rates
143 Floating interest rates

2,134
789

16

1,871
556




74
76

2,594

1,584

708

12,654
9,411
3,244

9,487
5,421
4,067

0

165

36,205
21,348
14,857

n.a.

59,945
21,029
38,917

i

IBFs
only3

Total
excluding
IBFs

77,853
44,997

t

65,988
36,915

n.a.

11,510

n.a.

9,504

21,346

1

19,568

IBFs
only3

Total
including
IBFs

31,636

9,595

61,816
516

n.a.

n. a.

9,616
3,418
6,198

i

IBFs
only3

Total
excluding
IBFs

IBFs
only3

Total
excluding
IBFs

1f

2,163
1,291

f

3,785
2,029

n.a.

6,213
1,783
4,430

40,627
15,415
25,212

Total
including
IBFs
148 Market value of securities held
149 Immediately available funds with a maturity greater
than one day included in other borrowed money
150 Number of reports filed6

0

126
157

64,810
40,429
24,381

Total
excluding
IBFs
144 Components of total nontransaction accounts,
included in total deposits and credit balances of
non transaction al accounts including IBFs
145 Tune CDs in denominations of $100,000 or more
146 Other time deposits in denominations of
$100,000 or more
147 Time CDs in denominations of $100,000 or more
with remaining maturity of more than 12 months

15

n.a.

\\

650

n.a.

222

1

IBFs
only3

Total
including
IBFs

25,672

7,322

32,448
237

n.a.

IBFs
only3

1

1,167

n.a.

589

1

IBFs
only3

Total
including
IBFs

IBFs
only3

3,827

1,643

1,294

466

24,086
124

n.a.

3,953
54

n.a.

171

64. Claims on foreign countries held by U.S. offices and foreign branches of U.S.-chaf tered banks1
Billions of dollars, end of period
19 87

1988

Mar.

June

Sept.

Dec.

Mar.

Tune

Sept.

Dec.

395.4

384.6

387.7

381.4

370.0

350.5

353.7

348.8

1627
9.1
13.3
12.7
8.7
4.4
3.0
5.8
73.7
5.3
26.9

158 1
8.3
12.5
11 2
7.5
7.3
2.4
5.7
720
4.7
263

155.2
8.2
13.7
10.5
6.6
4.8
2.6
5.4
72.1
4.7
26.5

1600
10.1
13.8
12.6
7.3
4.1
2.1
5.6
69.1
5.5
29.8

157.2
9.3
11.5
11.8
7.4
3.3
2.1
5.1
71.7
4.9
30.0

'51 2
9.2
10.8
10.6
6.1
3.3
1.9
5.6
70.5
5.4
27.9

149.5
9.5
10.0
8.9
5.9
3.0
2.0
5.2
68.1
5.2
31.7

154. S
9.0
10.7
9.*)
6.4
2.8
2.0
5.7
66.7
5.5
^5<»

13 Other developed countries
14 Austria
15 Denmark
16 Finland
17 Greece
18 Norway
19 Portugal
20 Spain
21 Turkey
22 Other Western Europe
23 South Africa
24 Australia

25.7
1.9
1.7
1.4
2.1
2.2
.9
6.3
1.7
1.4
3.0
3.2

25.2
18
1.5
1.4
2.0
2.1
g
6.1
17
1.5
30
3.1

25.9
1.9
1.6
1.4
1.9
2.0
.8
7.4
1.5
1.6
2.9
2.9

26.2
1.9
1.7
1.3
2.0
2.3
5
8.0
1.6
1.6
29
2.4

26.2
1.6
1.4
1.0
2.3
2.0
.4
9.0
1.6
1.9
2.8
2.1

23.7
1.6
1.0
1.2
2.2
2.0
.4
7.2
1.5
1.6
28
2.2

22.7
1.6
1.1
1.3
2.1
2.0
.4
6.3
1.3
1.9
2.7
1.8

20.9
1.6

25 OPEC countries2
26 Ecuador
27 Venezuela
28 Indonesia
29 Middle East countries
30 African countries

20.0
2.1
8.5
2.4
5.4
1.6

18.8
2.1
8.4
2.2
4.4
1.7

19.0
2.1
8.3
2.0
5.0
1.7

17.1
1.9
8.1
1.9
3.6
1.7

17.2
1.9
8.0
1.9
3.6
1.7

16.4
1.8
8.0
1.9
3.1
1.7

17.6
1.8
7.9
1.9
4.3
1.7

16.5
1.7
7.<l
1.9
3.2
1.7

1007

100 4

97 7

97 6

94 3

91 3

87.0

85 S

9.5
26.2
7.3
20
24.1
14
3.0

9.5
25 1
7.2
19
25.3
13
2.9

9.3
25 1
7.0
19
24.8
12
2.8

9.4
247
6.9
20
23.7
11
2.7

9.5
23.9
6.6
1.9
22.5
1.1
2.8

9.4
23 7
6.4
21
21.1
9
2.6

9.2
22.4
6.2
2.1
20.6
8
2.5

8.9
22. <i
5.7
2.0
19.0
8
2.6

.9
5.5
1.8
14
6.2
19
5.4
.9
.6

.6
66
1.7
13
5.6
17
5.4
8
.7

.3
60
1.9
13
4.9
16
5.4
7
.7

.3
82
1.9
10
4.9
15
5.1
7
.7

.4
6.1
2.1
10
5.6
1.5
5.1
1.0
.7

.3
49
2.3
10
5.9
15
4.9
11
.8

.2
3.2
2.0
10
6.0
16
4.5
1.2
.8

.3
16
2.1
12
6.1
16
4.S
1]
.9

5
.9

6
.9
1
1.2

.5
.8
.0
1.2

4
.9
0
1.1

1 Total
2 G-10 countries and Switzerland
3 Belgium-Luxembourg
4 France
5 Germany
6 Italy
7 Netherlands
8 Sweden . . .
9 Switzerland
10 United Kingdom
11 Canada
12 Japan

31 Non-OPEC developing countries
Latin America
32 Argentina
33 Brazil
34 Chile
35
Colombia
36 Mexico
37 Peru . .
38 Other Latin America

3

1.2
l.<)
1.8
.S
6.2
1.1
1.3
2.4
1.8

39
40
41
42
43
44
45
46
47

Asia
China
Mainland
Taiwan ...
India
Israel .
Korea (South)
Malaysia
Philippines
Thailand
Other Asia

48
49
50
51

Africa
Egypt
Morocco
Zaire
Other Africa3

.6
.9
1
1.4

6
.9
1
1.3

6
.8
1
1.3

1.3

.5
.9
.1
1.2

52 Eastern Europe
53 U.S.S R
54 Yugoslavia
55 Other

3.0
1
1.6
1.3

3.3
3
17
13

3.3
5
1.7
1.2

3.0
4
16
10

2.9
3
1.7
.9

3.1
4
1.7
10

3.0
4
1.7
1.0

3.7
7
1.8
12

56 Offshore banking centers
57 Bahamas
58 Bermuda
59 Cayman Islands and other British West
Indies .
,
. .
60 Netherlands Antilles
4
61 Panama
62 Lebanon
6 3 Hong Kong . . .
64 Singapore
65 Other5

63 1
23.9
.8

607
19.9
6

64 3
25.5
.6

543
17.1
6

508
15.1
g

424
8.6
10

46 5
12.5
.9

45 ^
11.5
.8

122
1.7
4.3
.1
11.4
86
.0

140
1.3
3.9
1
125
83
.0

12 8
1.2
3.7
.1
123
81
.0

13 3
1.2
3.7
1
11 2
70
.0

11 7
1.3
3.3
1
11 3
74
.0

100
1.2
3.0
1
11 7
68
.0

11 5
1.2
2.7
.1
10 6
70
.0

13 1
1.0
2.6
1
102
62
.0

66 Miscellaneous and unallocated^

20 1

18 1

223

23 2

21 5

22 3

27 0

21 81

172



,
.

....

o

65. Discount rates of foreign central banks, 19881
Percent per year, averages of daily figures
Austria

January
February
March
April
May
June
July
August
September
October
November
December

Belgium

Canada

France

Germany

Italy

Tanan
Ja an
P

Netherlands

Sweden

Switzerland

3.0

Month-end

7.0
6.75
6.50

8.63
8.57
8.78
9.06
9.17
9.39
9.53
10.03
10.54
10.54
10.84
11.17

7.25

2.5

12 .0
/

25

3.25

7. 5
I

3.0

*

6.50
7.00
7.50
7.50
7.50
7.25
7.50

3.0
3.5
4.0

4.0

7.25
7.0
6.75
7.0
7.0
7.25
7.25
7.75

1

75
85

2.5
3.0
3.0
3.5

12 .0
12 .5

3.5

*

12 .5

25

3.25
3.5
4.0

3.0
2.5
3.0
i
8, 5

4.0

3.0

66. Foreign short-term interest rates, 19881
Percent per year, averages of daily figures
Eurodollars

Month
January .
February
March
April
May
June
July
August
September
October
November
December

...
.

United
Kingdom

Canada

Germany

Switzerland

Netherlands

France

Italy

Belgium

Japan

7 11
6.73
6 74
7.05
7 40
7 61
8.09
8 46
8 31
851
8 91
9 30

884
9.18
8 83
8.25
8 00
8.91
10.45
11.29
1209
11.94
12 23
13 07

8.75
8.58
8 63
8.90
9 07
9.44
9.42
9.92
1048
10.48
10 85
11.15

3.39
3.29
3 38
3.37
3 51
3.88
4.88
5.28
492
5.03
491
5.32

209
1.48
1 61
1.83
2 23
2.82
3.67
3.57
3 34
3.62
4 10
477

4 24
3 98
3 96
3 98
4 07
4 10
4.85
5 50
5 51
5 35
5 30
5 60

8 19
7.54
7 89
7.99
7 81
727
7.32
758
7 86
7 88
8 03
836

1047
10.80
11 11
10.54
1057
10.90
11.02
11.02
11 27
11.30
11 48
11.96

6.49
6.19
6.09
6.08
605
6.05
6.85
7.24
7 39
7.24
7 18
7.38

3 88
3.82
3 82
3.80
3 80
3.82
3.84
3.98
4 15
4.26
4 22
4 16

67. Index of weighted-average exchange value of U.S. dollar1
March 1973 = 100
Year

1988




Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

82 9

91 09

89.73

88 95

89 74

92.58

9653

98.29

97.91

95.10

91.91

91 88

173

68. Foreign exchange rates, 19881
Currency units per U.S. dollar, except where otherwise noted
Australia2
(dollar)

..
.

January .
February
March
April
May
June
July
Aueust
September
October
November
December

*

Belgium
(franc)

Canada
(dollar)

China
(yuan)

Denmaijk
(krone)

Finland
(markka)

France
(franc)

11.635
11 920
11 767
11.744
11 912
12.380
12 991
13 281
13.135
12 777
12.307
12.359

34576
35 473
35 082
34.962
35 381
36.786
38 649
39562
39.149
38 077
36.670
36.815

1.2855
1 2682
1.2492
1.2353
1 2373
1.2176
1 2075
1.2237
1.2267
1 2055
1.2186
1.1962

3.7314
3 7314
3.7314
3.7314
3 7314
3.7314
3 7314
3.7314
3.7314
3 7314
3.7314
3.7314

6.3562,
6 4918;
6.4261
6.420?
6 4938
6.6891
7 0266
72280
7.1764
7 0055
6.7547!
6.789]

40391
4 1159
404B3
4.0064
40297
4.1761
43896
4 4720
4.4282
43041
4.1522
4.1408

5.5808
5 7^21
5,6893
5.6704
5 7148
5.9310
6 2241
6.3919
6.3515
6 1975
5.9746
5.9994

Germany
(deutsche
mark)

January. .
February
March
April
May
June
July
August
September
October
November
December

Austria
(schilling)

71.106
71 401
73.292
74.797
77 739
80.762
79 999
80.566
79.155
80 956
85.067
85.726

Period

Greece
(drachma)

Hong Kong
(dollar)

India
(rupee)

Ireland2
(pound)

Italy
(lira)

Japan
(yen)

Malaysia
(ringgit)

1.6537
1.6965
1 6770
1.6710
1 6935
1.7579
1 8466
1 8880
1 8668
1 8165
1 7491
1 7563

131 92
135.56
134 60
133.86
135 75
14069
147 85
151 63
151 47
148 71
145 22
146 10

7 7872
77978
7 8028
78166
7 8156
7 8073
7 8135
7 8050
7 8106
7 8133
7 8095
7 8062

13.039
13.065
12979
13.158
13 316
13 786
14 079
14 217
14489
14 720
14 966
15 019

16064
156.87
15933
159.81
157 78
152 65
145 49
142 17
143 60
147 30
152 70
152 29

1216 88
1249.6$
12406?
1240 9$
1258 81
1305 56
1367 2|
1397 93
1393 1$
1353 3$
1300 2t
1295 61

127.69
129.17
127 11
124.90
124 79
127.47
133 02
133 77
13432
128 68
121 20
123 61

2 5400
2.5K12
2 5689
2.5743
2 5847
2 5860
2 6267
2 6^20
2 6641
2 6785
2 6779
2 6935

Norway
(krone)

Portugal
(escudo)

Singapore
(dollar)

Netherlands New Zealand2
(guilder)
(dollar)

South Africa2 South Korea
(rand)
(won)

January
February .
March
April
M ay
June . .
July
August
September
October
November
December

.

.

174



1 8584
1.9051
1 8837
1 8749
1 8983
1.9767
2 0827
2.1319
2 1063
2.0486
1 9729
1.9824

65 818
66.386
66 239
66 143
68 889
69996
66 832
64815
61 480
62 113
64 067
63 621

6 3538
6.4167
63337
6 2140
6 1875
6.3951
67207
6.9016
6 9150
6.7400
6 5796
65234

135 87
138.84
137 48
136 77
138 45
143.55
15042
153.72
154 18
150.13
145 57
145 56

20261
2.018^
2 0133
2 0044
2 0109
2.0285
2 0459^
2 0417
2 0409
2 0202
1 9616
1 9442

50 624
46.436
46 884
46 669
45 222
44031
41 704
40769
40 697
40551
41 798
42587

791 31
776.85
757 37
745 31
739 44
732.88
728 67
725.74
723 00
712.72
696 08
687 89

Spain
(peseta)

February
March
April
May
June
July. ...
August
September
October
November . .
December

Sri Lanka
(rupee)

Sweden
(krone)

Switzerland
(franc)

Taiwan
(dollar}

Thailand
(bant)

United
Kingdom2
(pound)

112.34
114 36
112.38
110 79
112.04
116 26
12227
124 12
124 36
120 02
115 17
113 73

30 825
30 859
30 892
30 939
30 993
31 133
31 782
32 807
32 953
32 989
32 989
33 016

5 9749
6 0524
5 9497
5 8892
5 9091
6 1074
6 3542
6 4878
64448
6 2694
6 0968
6 0888

1 3466
1 3916
1 3863
1 3823
1 4111
1 4629
1 5343
1 5837
1 5763
1 5372
1 4675
1 4799

28 628
28 665
28 687
28 695
28 666
28 72^
28 726
28 693
28 914
28 880
28 170
28 199

25 235
25 324
25 232
25 171
25 170
25 280
25 523
25 560
25 548
25 365
25 146
25 146

180 09
175 82
181 30
187 82
186 95
177 68
170 51
169 65
168 40
171 87
180 85
182 58

Part 2—Special Tables




69. Statement of condition of each Federal Reserve Bank, December 30, 19881
Millions of dollars
Item

Total

Boston

New Phila- Cleve- RichSt. Minne- Kansas
York delphia land mond Atlanta Chicago Louis apolis City Dallas

San
Francisco

ASSETS
1 Gold certificate account
2 Special drawing rights certificate
account
3 Coin
4 Loans

389

655

917

584

1,394

368

168

490

676

1,429

5,018
395
2,170

314
20
42

1,489
14
34

162
29
168

314
25
890

461
62
122

203
36
35

656
44
44

160
29
95

66
11
12

216
30
30

307
28
688

670
67
10

423

2,381
2,101

197

402

541

325

846

205

99

262

391

894

6,624 13,498 18,142 10,895

28,367

6,875

3,329

8,789

13,105 30,002

249,659 14,646 89,131

9 Total loans and securities

3,310

233,662 14,181 79,855
4,760
4,760

U, S, Treasury securities
7 Bought outright2 .

680

6,966
2,101

Federal agency obligations
5 Bought outright

11,060

6,989 14,790 18,805 11,255 29,257

7,175

14,184 30,906

10 Items in process of collection
11 Bank premises

8,739
750

480
92

Other assets
12 Denominated in foreign currencies3
13 Other
14 Interdistrict Settlement Account

9,129
8,924
0

301
312
605

1,235
32

421
46

244
32

459
124

2,411
2,049
114

438
172
470

502
291
-559

511
390
3132

3,440

9,081

774
100

422
21

383
24

1,542
47

803
1,169
273
3,016
360 -1,715

256
156
742

283
88
1,010

9,329

5,473

12,690

15,185 34,502

29,658 7,847

4,124

9,758

11,664 24,846

721
59

293,674 17,450 99,785

9,116 16,294

229,640 14,322 78,077

15 Total assets

6,655 13,704 20,096

8,889

24,861 14,294

34,695

696
22

1,362
151

374
785 1,296
198
1,300
679
712 -2,813 -2,058

LIABILITIES
16 Federal Reserve notes
Deposits
17 Depository institutions .

39,347
8,656
347
548

2,386

1,894

3,836

4,189

3,413

874

807

1,122

2,401

7,449

5
20

9,199
8,656
237
310

1,777

19 Foreign, official accounts
20 All other

7
6

8
14

9
45

13
5

19
107

4
8

5
2

6
4

13

21
27

21 Total deposits

48,898

2,411

18,402

1,790

1,916

3,890

4,207

3,539

886

814

1,132

2,414

7,497

7,453

373

795

375

266

387

657

565

389

353

1,507

616

1,170

3,457

194

1,379

90

178

242

149

387

91

48

119

173

407

289,448 17,300 98,653

8,910

16,064 24,615 13,902 34,149 9,213

5,339

12,516

22 Deferred credit items
23 Other liabilities and accrued
dividends4

....

24 Total liabilities

14,867 33,920

CAPITAL ACCOUNTS
25 Capital paid in

2,113

75

566

103

115

123

196

273

58

67

87

159

291

26 Surplus

2,113

75

566

103

115

123

196

273

58

67

87

159

291

34,695 9,329

5,473

12,690

15,185 34,502

32,902 9,425

4,928

12,204

14,640 34,169

27 Total liabilities and capital
accounts

293,674 17,450 99,785

9,116 16,294 24,861 14,294

FEDERAL RESERVE NOTE STATEMENT
28 Federal Reserve notes issued to
Reserve Bank by Federal Reserve
Agent and outstanding
29 LESS: Held by issuing Bank, and
forwarded for redemption

271,492 16,862 84,057 10,019

30 Federal Reserve notes net5

229,640 14,322 78,077

Collateral held by Federal Reserve
Agent for notes issued to Bank
32 Special drawing rights certificate
33 U.S. Treasury and federal
<a/1 Trttal r>nl]atnt>al




41,852

2,540

5,980

3,364

16,071 23,687 12,528
2,367

3,591

3,639

6,655 13,704 20,096

8,889

3,244

1,578

804

2,446

29,658 7,847

4,124

9,758

2,976

9,323

11,664 24,846

11,060
5,018

213,562
229,640

177

70. Income and expenses of Federal Reserve Banks, 19881
Dollars
Item

Total

Boston

New York

Philadelphia

Cleveland

Richmond

355,503,582
1,917,148
18,179,534,091 1,099,303,526
9,892,553
299,843,275
656 805 293
44 833 234
34 745,057
651 088

4,067,423
6,178,080,704
78,629,814
91 692 476
24,766 126

2,486,347
522,231,5^7
14,368,529
32 017 491
567,1 S3

555,846
1,055,774,529
16,607,328
40,109,734
571,323

1,736,475
1,438,247,017
16,742,570
55 920,615
644,215

19,526,431,297 1,156,217,539

6,380,785,220

571,611,487

1,114,447,833

1,512,542,(017

CURRENT INCOME
1
2
3
4
5

Ijoans
U.S. Treasury and federal agency securities
Foreign currencies
Priced services
Other

6 Total
CURRENT EXPENSES
7
8
9
10
11
12
13

Salaries and other personnel expenses
Retirement and other benefits2
Fees
Travel
Postage and other shipping costs
Communications
Materials and supplies

19
20
21
22
23
24
25
26
27

35,178,572
7 649 904
518,613
1 099 400
4 470,30'»
570,355
2 721 446

37,868,080
8,001,485
1,609,136
1 933 977
5,917,766
660,981
3 198,311

50,2 18..223
10 255 976
475,, 285
2 057 121
6,S40 349
740,628
4 602 451

3 761 037
2,361,790
1 847 963
561 072
899 469

3,462 858
3,246,647
3 395 973
14,150 347
3 371 365

1 508,75 1
1,626,416
2208 91'?
42,55'?
1 336 9T?

1,024,188
1,499,255
1,526,079
339,554
759 240

2,025,292
3,796,639
2 024 345
540.859
1 660 171

83 094
385 069
5 471 218
3 322 267

5,372 028
15 107 959
7,229 142

0

281 347
900,332
4 156 619
2,214,105

138,936
2,309,366
4,755,947
3,093,988

431 731
1,328.107
6,594.970
4,192.839

124,275,559
53 752 137

Earnings—credit costs
Other
Shared costs, net3
Recoveries
.
Expenses capitalized4

132,470,011
23 675 231
1,941 067
3 358 905
10,242 315
2,240,628
9 191 926

3 981 307
26,577,783
77 321 209
45,940,759

Equipment
Purchases
.
Rentals
Depreciation. . . .
Repairs and maintenance

44,546,626
8 638 103
5 006 138
1 113 434
4 296 876
1,028,083
3 160 857

23 983 391
28,407,981
22 981 317
21 681,855
18 822 842

Building expenses
14 Taxes on real estate
15 Property depreciation
16 Utilities
17 Rent
18 Other

661,695,075
63 785 742
14,926,898
25 358 327
81 971,317
11,906,871
51 059 279

7 837 385
3 310 383
-993 205
-8 257 005
-113 297

13,064 312
11 771 372
438 940
=3 624 696
-6370

8,872,596
2 107 018
2,371,756
-2 531 196
-15,018

11,043,526
3,583,786
169,829
=3 238,503
=138,544

10,150.326
4 713 422
187.439
=4 534 181
=-185.148

2

-34 276 302
-2,452,557

28 Total

1,321,700,790

88,267,357

260,099,960

77,289,82^

86,056,383

107,818.974

29 Reimbursements
30 Net expenses

-115 740,657
1 205 960 134

-4 697 003
83 570 354

-24,096 216
236 003 744

-15 204,424
62 085 398

=9,775,070
76 281 313

-7,414,075
100 404 771

6,214,326,244

509,526,OHf!

1,038,166,519

1,412,137,113

22 741 685
87 590 510
110,332,194
-510 875 399
-88 514 766
599,390,166

7 264 559
1 405 315
20 824
990 764
1,426,139
8,255,323
= 16 858 888 -134,871 105
34 534
-1 020 938
- 16 893 423 -135,892 044

693 2tK
9 07*i
702,280
-24 522,01(|
-15 248
-24,537,207

1 369 006
6,765
1,375,771
-28,098,147
- 108 533
-28,206,680

1,939,742
=28 609,022
=21 440
=28,630,462

-489,057,971

- 15 467 283 -127,636 721

-23,834,987

=26,830,909

=26,690,720

5,038,020

2,691,1^1

1,924,431

2,441,149

2 848 500
9 688 687

22 217 800
53,879,756

4 014 300
4 421,601

4 620,100
10,064,330

4 724 500
12,825,070

17,554,905,689 1,043,143,514
125 616 018
4 385 524

6,005,553,947
33 109 144

474,564,049
6 039 61 <•

994,726,749
6 811 391

1,365,453,674
7 163 926

17 364 318 571 1 032 070 290
64 971 100
6 687 700
2,047,086,700
68 267 400
74 955 100
2 112 057 800

5 947 703 453
24 741 350
541,045,900
565,787,250

462 991 26*5 533 !<*()
97,245,801)
102 778 9S()

985,705,508
2 209 850
112,693,400
114,903,250

1 348 751 798
9 515 950
113,919,900
123,455,850

. ...

PROFIT AND Loss
31 Current net income
Additions to and deductions from
current net income
32 Profits on sales of U S government securities
33 Other additions
34 Total additions
35 Loss on foreign exchange transactions
36 Other deductions
37 Total deductions
38 Net additions to or deductions (— ) from current net
income
39 Cost of unreimbursed Treasury services
Assessments by Board
40 Board expenditures5
41 Cost of currency
42 Net income before payments to U.S. Treasury
43 Dividends paid
44 Payments to U.S. Treasury (interest on Federal
Reserve notes)
45 Transferred to surplus
46 Surplus, January 1
47 Surplus, December 31

178



18,320,471,163 1,072,647,185

27,852,349
84 410 500
164 244,653

1 499 201

1 939 690

52

70. Income and expenses of Federal Reserve Banks, 19881—Continued
Dollars
Item
1
2
3
4
5

Atlanta

Chicago

6 Total

Minneapolis

Kansas City

179,483 497
3 712 153
832,367,957 2,168,845,209
38 564 698
26 448 953
72,271,032
89,093,953
1,094,276
2,405,835

3 662 935
529,481,697
8 464 422
28,725,332
460,646

2 553 425
261,532,503
9 341 521
37,361,790
446,235

5 393 686
16 924 161
1 844 655
690,709,256 1,030,435,746 2,372,524,350
12 341 470
25 761 815
42 679 602
42,891,487
48 081,040
73 807 107
497,849
930,878
1,709,413

934,103,037 2,468,884,122

CURRENT INCOME
Loans
U.S. Treasury and federal agency securities
Foreign currencies
Priced services
Other

St. Louis

574,233,014

312,293,467

750,274,112 1,258,076,204 2,492,963,246

Dallas

San Francisco

CURRENT EXPENSES
7 Salaries and other personnel 2
expenses
8 Retirement and other benefits
9 Fees
10 Travel
11 Postage and other shipping costs
12 Communications
13 Materials and supplies

59,030,489
12,906,111
1 136 977
2,387,612
9 327 550
1,386,139
5,326,078

75,263,091
14,715,747
879 735
3,530,130
8 861 961
1,289,396
5,400,041

33,683,814
7,259,567
512 826
1,288,897
4 080 392
571,773
3,215,190

29,323,391
5,912,042
1 088 382
1,113,084
5 566 164
458,283
2,129,316

45 026 296
8,983,008
577 200
1,945,614
6 218 229
843 871
3,643,109

44 019 774
9,061,857
299 735
2,150,255
4 181 974
892 258
3,389,437

75 066 708
16,271,479
881 784
3,379,889
12 267 436
1,224 476
5,081,117

14
15
16
17
18

Building expenses
Taxes on real estate
Property depreciation
Utilities
Rent
Other

1 708 533
2,121,161
2 033 072
582,182
1 214 616

4 414 939
2,639,282
2 276 876
3 319 666
4 420 665

457 217
980,745
1 491 369
423 015
638 266

1 770 005
1,077,565
811 887
149 273
1 117 928

949 755
2,214,242
1 506 838
183 654
786 571

569 426
1,312,901
1 077 387
1 202 996
645 487

2 331 390
5,531,338
2 780 611
186,680
1 972 107

19
20
21
22

Equipment
Purchases
Rentals
Depreciation
Repairs and maintenance

358 809
1 803 144
8 420 872
5,430,413

382 065
6 166 948
9 186 710
7,155,647

376 972
523 400
3 241 437
1,926,292

711 241
613 391
4 056 916
2,300,103

116,090
942 265
4 389 333
2,122,666

325 577
2 757 238
4 874 818
2,101,235

773 443
3 476 495
7,064,370
4,852,062

23
24
25
26
27

Earnings—-credit costs
Other
Shared costs, net3
Recoveries .
....
Expenses capitalized4

6 930 482
2,781,148
1,712,865
-695,407
-52,158

8 954 497
2,804,744
847,919
-756,083
-403,391

6 331 882
3,594,805
685,090
-1,485,502
-497,970

9 807 170
5,461,122
96,507
-3,715,989
-79,472

12 188 134
4,758,498
147,883
-1 922976
-257,126

24 497 230
4 598 019
6,617,714
2,248,085
-6,408,496
743,473
-2 338 276 -1 176 488
-609,606
-94,417

28 Total

130,088,171

171,661,465

66,989,844

68,875,901

91,896,427

87,490,659

154,710,723

29 Reimbursements
30 Net expenses

-8,588,131
121 500 040

-12,412,611
159 248 854

-7,269,273
59 720 571

-3,654,226
65 221 675

-5,498,505
86 397 922

-5,070,307
82 420 353

-12,060,816
142 649 907

812 603 125 2 309 635 267

514 512 443

247 071 793

663 876 190 1 175 655 855 2 350 313 340

Additions to and deductions from
current net income
32 Profits on sales of U.S. government securities . .
1,004,209
2,623,055
655,362
33 Other additions
2,570
12,040
720
34 Total additions
2 635 095
656 082
1 006 779
-44,957,035 -65,392,051 -14,304,511
35 Loss on foreign exchange transactions
36 Other deductions
-110 768
-35 413
-7 363
37 Total deductions
-45,067,803 -65,427,465 -14,311,874
38 Net additions to or deductions (— ) from
current net income
-44,061,024 -62,792,370 -13,655,793

343,892
60,396
404 288
-15,837,137
-58 501
-15,895,639

1,357,682
908,663
3,177,049
241
37,785
86,449,276
908 904
87 806 957
3 214 834
-20,945,891 -43,935,284 -72,544,307
-557 718 -86 461 293
-83 017
-21,503,609 -=130,396,578 -72,627,324

..

PROFIT AND Loss
31 Current net income

-15,491,350

-20,594,705

-42,589,620

-69,412,490

39 Cost of unreimbursed Treasury services

2,347,652

3,696,045

1,217,001

1,219,849

1,634,799

1,888,319

2,252,731

Assessments by Board
40 Board expenditures5
41 Cost of currency „

7 452 600
7,134,247

10 758 000
23,270,501

2 375 900
5,379,479

2 596 100
2,368,162

3 476 700
6,483,890

7 387 300
9,540,917

11 938 700
19,188,013

751,607,603 2,209,118,351
11 283 631
16 088 003

491,884,270
3 495 521

225,396,332
4 004 145

631,686,095 1,114,249,699 2,247,521,406
5 127 698
10 515 965
17 591 436

725,345,821 2,181,326,998
14 978 150
11 703 350
180 789 500
261 303 050
195,767,650
273,006,400

487,948,950
439 800
58 019 850
58,459,650

217,151,037
4 241 150
62 604 650
66,845,800

624,448,198 1,121,027,434 2,229,845,820
2 110 200 -17 293 700
84,150
84 801 500
175 324 750 291 071 000
86,911,700
158,031,050 291,155,150

42 Net income before payments to U.S. Treasury .
43 Dividends paid
44 Payments to U.S. Treasury (interest on
Federal Reserve notes)
45 Transferred to surplus
46 Surplus January 1
47 Surplus, December 31




179

71. Banks and branches—Number in operation, December 31, 1988, by state
Commercial and mutual savings banks
Mutual
savings

Commercial
Jurisdiction

Member

Total

Number maintaining blanches or additional offices

Nonmember

National

State

NonInNon- sured insured
Insured insured

13,791 13,415 4,354

Total

Mutual
savings

Commercial
Member

Total

Nonmember

Total

National

State

InNonInNon- sured insured
sured insured

1,094

7,717

250

376

0

7,363

7,031

2,387

558

4,052

34

332

0

Alabama
Alaska
Arizona
Arkansas
California

221
12
51
258
499

221
11
51
258
499

53
3
15
84
163

23
0
11
6
39

145
7
21
165
276

0
1
4
3
21

0
1
0
0
0

0
0
0
0
0

138
9
32
181
343

138
9
32
181
343

36
3
9
75
95

13
0
6
4
22

89
6
17
102
213

0
0
0
0
13

0
0
0
0
0

0
0
0
0
0

Colorado
Connecticut
Delaware
District of
Columbia
Florida

472
131
51

472
66
50

242
16
18

62
0
3

146
49
26

22
1
3

0
65
1

0
0
0

118
99
13

118
39
12

69
12
6

9
0
0

40
27
6

0
0
0

0
60
1

0
0
0

23
435

23
435

22
161

0
81

1
181

0
12

0
0

0
0

15
269

15
269

14
103

0
41

1
125

0
0

0
0

0
0

380
26
22
1,170
344

380
26
22
1,170
341

58
3
6
366
100

13
0
3
68
37

308
19
13
716
203

1
4
0
20
1

0
0
0
0
3

0
0
0
0
0

236
19
18
569
273

236
19
18
569
270

45
2
5
215
90

5
Q
3
2?
25

186
15
10
325
155

0
2
f)
2
0

0
0
0
0
3

0
0
0
0
0

Iowa . . . .
Kansas
Kentucky
Louisiana
Maine

586
591
333
254
38

586
591
333
254
20

103
167
82
57
7

35
18
8
6
2

447
403
242
190
10

1
3

0
0
0
0
18

0
0
0
0
0

287
167
253
191
35

287
167
253
191
19

60
65
70
37
7

17
6
4
5
2

210
96
179
149
9

0
0
0
0

1

0
0
0
0
16

0
0
0
0
0

Maryland
Massachusetts
Michigan
Minnesota
Mississippi

101
240
289
657
126

101
105
289
657
126

27
40
83
161
27

10
2
74
32
3

63
62
130
463
95

0
135
0
0
0

0
0
0
0
0

87
200
245
238
104

87
78
245
238
104

25
36
71
80
24

10
1
65
6
2

52
41
109
152
78

0
0
0
0
0

0
122
0
0
0

0
0
0

Missouri .
Montana
Nebraska
Nevada
New Hampshire —

584
172
418
18
90

584
172
418
18
56

95
57
112
7
17

34
42
7
1
4

448
72
294
9
31

7
1
5
1
4

0
0
0
0
34

0
0
0
0
0

346
29
119
13
67

346
29
119
13
43

66
15
49
4
17

22
4
?
3

258
10
68
8
22

0
0
0
0

1

0
0
0
0
24

0
0
0
0
0

New Jersey
New Mexico
New York
North Carolina
North Dakota

154
95
307
73
162

136
95
239
73
162

62
41
102
15
29

8
6
42
1
4

59
46
60
55
127

7
2
35
2
2

18
0
68
0
0

0
0
0
0
0

111
70
204
62
73

97
70
141
62
73

55
28
79
13
17

8
4
2?
1
3

34
38
31
48
53

0
0
4
0
0

14
0
63
0
0

0
0
0
0
0

Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island

302
472
57
317
30

302
472
56
305
26

135
198
8
162
5

62
17
9
30
0

103
251
35
102
7

2
6
4
11
14

0
0

1

222
199
37
242
16

222
199
36
234
12

111
90
6
126
5

45
6
5
15
0

66
102
25
89
5

0

0
0
1
8
4

0
0

12
4

0
0
0
0
0

0
0

77
134
278
1,514
58

77
134
278
1,514
58

26
24
51
808
7

3
25
9
76
10

48
85
211
618
38

0
0
7
12
3

0
0
0
0
0

0
0
0
0
0

54
56
204
399
33

54
56
204
399
33

19
10
46
165
6

?
1(1
8
19
8

33
36
149
214
19

0
0

1
1

0

0
0
0
0
0

0
0
0
0
0

Vermont
Virginia
Washington
West Virginia
Wisconsin

32
186
105
199
531

27
186
95
199
530

12
53
24
92
113

0
100
2
24
24

1
0
5
0
7

5
0
10
0

28
133
81
134
273

23
133
71
134
272

10
42
18
68
65

it
66

13
25
52
49
199

0
0
0
0

5
0
10
0

0
0
0

1

0
0
0
0
0

1

t)
0

Wyoming
Puerto Rico
Virgin Islands

96
19
1

96
19
1

34
1
0

17
1
0

14
33
64
83
386
44
13
0

1
4
1

0
0
0

0
0
0

8
11
0

8
11
0

3
0
0

II

5
9
0

0

0
0
0

0
0
0

United States

Georgia
Hawaii
Idaho
Illinois
Indiana

South Carolina
South Dakota
Tennessee
Texas
Utah

180



T

17
7

d

1

0
4
2

1

1

0

f)
f)

t)

71. Banks and branches—Number in operation, December 31, 1988, by state—Continued
Branches and additional offices
Class of bank

Location
Mutual savings

Commercial banks

Jurisdiction

Member

Total

Noninsured

Nonmember

Total
National

State

Insured

Noninsured

Insured

Outside head-office city
In
headoffice
city

In
headoffice
county

In
contiguous
counties

In
noncontiguous
counties1

49,519

46,713

24,942

5,442

16,218

111

2,806

0

13,404

13,388

9,791

12,936

Alabama
Alaska
Arizona
Arkansas
California

874
119
712
492
4,573

874
119
712
492
4,573

335
84
449
250
2,456

129
0
6
15
429

410
35
257
227
1,656

0
0
0
0
32

0
0
0
0
0

0
0
0
0
0

230
44
182
305
590

240
5
243
179
774

54
38
191
4
922

350
32
96
4
2,287

Colorado
Connecticut
Delaware
District of
Columbia
Florida

114
1,184
160

114
669
155

68
377
41

9
0
0

37
292
114

0
0
0

0
515
5

0
0
0

90
214
39

12
502
79

7
254
24

5
214
18

170
2,678

170
2,678

167
1,906

0
121

3
650

0
1

0
0

0
0

170
607

0
788

0
358

0
925

Georgia
Hawaii
Idaho . .
Illinois
Indiana

1,327
236
276
937
1,378

1,327
236
276
937
1,374

836
11
197
385
653

64
0
13
58
92

427
222
66
487
625

0
3
0
7
4

0
0
0
0
4

0
0
0
0
0

385
92
37
576
13

327
67
21
270
620

212
3
50
68
111

403
74
168
23
34

553
272
823
940
470

553
272
823
940
341

128
113
310
426
126

47
7
54
42
97

378
152
459
472
117

0
0
0
0

0
0
0
0
129

0
0
0
0
0

244
229
511
367
43

210
30
302
326
134

93
3
9
57
136

6
10
1
190
157

Maryland
Massachusetts ......
Michigan
Minnesota
Mississippi

1,248
1,774
2,069
468
808

1,248
1,146
2,069
468
808

573
624
911
231
310

154
5
621
10
11

521
516
537
227
487

0

0
628
0
0
0

0
0
0
0
0

225
503
642
163
188

310
793
747
162
128

401
355
567
93
166

312
123
113
50
326

Missouri
Montana
Nebraska
Nevada
New Hampshire ....

818
26
231
195
329

818
26
231
195
222

313
12
105
103
86

49
4
8
54
9

456
10
118
38
126

0
0
0
0

1

0
0
0
0
107

0
0
0
0
0

399
25
161
51
74

318
0
14
27
157

76
1
19
20
86

25
0
37
97
12

New Jersey
New Mexico
New York
North Carolina — .
North Dakota

2,128
291
3,958
1,976
138

1,877
291
3,335
1,976
138

1,422
136
1,883
1,031
50

151
17
1,210
12
5

304
138
236
933
83

0
0
6
0
0

251
0
623
0
0

0
0
0
0
0

176
204
1,230
209
34

708
76
649
139
48

558
8
958
286
32

686
3
1,121
1,342
24

Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island

2,452
271
645
3,159
279

2,452
271
637
2,961
204

1,755
138
385
1,652
132

448
6
6
239
0

249
125
246
1,057
49

0
2
0
13
23

0
0
8
198
75

0
0
0
0
0

632
176
138
324
59

885
38
78
1,055
132

506
32
137
1,523
61

429
25
292
257
27

South Carolina
South Dakota
Tennessee
Texas
Utah

827
177
1,159
983
389

827
177
1,159
983
389

492
85
483
637
202

4
22
88
44
85

331
70
586
300
102

0
0
2
2
0

0
0
0
0
0

0
0
0
0
0

129
27
502
584
71

78
33
324
169
103

113
45
117
61
67

507
72
216
169
148

Vermont
Virginia
Washington
West Virginia
Wisconsin

232
1,756
1,140
281
711

200
1,756
911
281
709

81
690
704
159
190

0
870
5
38
46

119
196
202
84
464

0
0
0
0
9

32
0
229
0
2

0
0
0
0
0

34
253
284
117
213

79
228
327
110
338

64
421
264
27
128

55
854
265
27
32

Wyoming
Puerto Rico
Virgin Islands

8
290
15

8
290
15

3
34
12

0
38
0

5
214
3

0
4
0

0
0
0

0
0
0

5
4
0

3
3
0

0
5
0

0
278
15

United States

Iowa ...
Kansas
Kentucky
Louisiana
Maine .




1
1

0
0
0

181

72. Changes in number of banking offices in the United States during 1988
A. Head offices
Mutual savings
banks

Commercial banks
Item

Total
1 Number, December 31, 1988

Non member1

Member

Total
Total

National

State2

Total

Insured

Noninsured

13,791

13,415

5,448

4,354

1,094

7,967

7,71fl

250s

234
=236

228
-236

99
-119

66
-95

33
-24

129
-117

129
-106

-590
8
-584

-590
9
-589

-282
1
-301

-252
-5
-286

-30
6
-IS

-308
8
-288

14,375

14,004

5,749

4,640

1,109

8,255

Insured3

Noninsured

376

0

0
-11

6
0

0
0

-305'
Si
-277

=3
3
-11

0
0
6

7,994

261

370

CHANGE IN NUMBER DURING 1988
2 New banks4
3 Ceased banking operations
Consolidations and absorptions
4 Banks converted into branches
5 Other
6 Net change
7 Number, December 31, 1987

0

1

™1

1

B. Branches and additional offices
Mutual savings
banks

Commercial banks
Item

Total
1 Number, December 31, 1988

Nonmember

Member

Total

Noninsured

State

Total

Insured

Noninsured

Insured

National
24,942

Total

5,442

16,329

16,218

111

2,806

0

49,519

46,713

1,676
599
-1,082
345

1,509
587
-1,042
248

867
403
-696
36

715
343
=555
515

152
60
-141
35

642
184
346
-302

6351
184
=346
-274

7
0
0
-28

167
12
-40
102

0
0
0
-5

1,538

1,302

1,124

1,018

106

178

199

-21

241

=5

47,981

45,411

29,260

23,924

5,336

16,151

16,019!

132

2,565

5

CHANGE IN NUMBER DURING 1988
2
3
4
5

Branches and additional offices
De novo
Banks converted into branches
Discontinued
Other .

6 Net change
7 Number, December 31, 1987

182



73. Insured commercial bank assets and liabilities, 19881
A. Domestic Offices
Millions of dollars
Consolidated report of condition, Ql
Item

Members
Total

National

State

Nonmembers

2,613,509

1,946,138

1,541,719

404,419

667,371

203,503
23,116
31,211
149,176

154,888
17,525
17,959
119,404

121,935
14,542
15,088
92,304

32,953
2,983
2,871
27,099

48,615
5,591
13,252
29,772

6 Total securities, loans, and lease financing receivables (net of unearned income) . .

2,245,588

1,654,116

1,324,019

330,098

591,472

7 Total securities, book value
.
8 U.S. Treasury securities and U.S. government agency and corporation
obligations
9 Securities issued by states and political subdivisions in the United States
10
Taxable securities
..
11
Tax-exempt securities . .
12 Other securities
13
All holdings of private certificates of participation in pools of residential
mortgages
14
All other. . . . „
....
15 Federal funds sold and securities purchased under agreements to resell3
16 Federal funds sold
17 Securities purchased under agreements to resell
18 Total loans and lease financing receivables gross
19 LESS: Unearned income on loans
20 Total loans and leases (net of unearned income)

490,424

327,821

256,951

70,870

162,603

312,335
114,818
1,900
112,918
63,271

207,794
81,302
1,033
80,269
38,726

166,225
60,443
855
59,589
30,283

41,569
20,859
178
20,681
8,443

104,541
33,516
867
32,649
24,545

4,205
59,068
143,077
66,928
5,754
1,624,740
12,653
1,612,087

2,870
35,855
109,711
38,403
4,521
1,225,566
8,982
1,216,585

1,543
28,739
82,088
33,692
4,082
991,977
6,998
984,979

1,327
7,116
27,622
4,711
439
233,589
1,984
231,605

1,335
23,213
33,366
28,525
1,232
399,174
3,671
395,503

591,740
120,844
14,588
266,533

415,373
95,831
6,914
178,308

351,407
79,320
5,837
150,995

63,966
16,511
1,077
27,313

176,367
25,013
7,674
88,225

31,532
235,001
17,710
172,065

23,782
154,527
13,113
121,207

20,341
130,654
11,510
103,744

3,440
23,873
1,603
17,462

7,750
80,475
4,597
50,858

37,511
28,105
483,283
3,035

33,333
15,120
382,723
1,836

25,990
12,771
301,204
1,618

7,343
2,349
81,520
218

4,177
12,985
100,560
1,199

333,903

249,620

205,724

43,896

84,284

50,316
958
49,359
70,109
26,739
25,504
46,011
138,914

41,336
595
40,741
62,881
23,346
24,365
42,087
112,769

30,824
487
30,337
43,743
18,697
17,157
31,519
78,609

10,512
108
10,404
19,138
4,649
7,208
10,568
34,160

8,981
363
8,618
7,228
3,394
1,139
3,924
26,145

42 Total liabilities and equity capital

2,613,509

1,946,138

1,541,719

404,419

667,371

4

43 Total liabilities

2,431,448

1,816,927

1,440,875

376,052

614,521

44 Total deposits
45 Individuals, partnerships, and corporations
46 U S government
47 States and political subdivisions in the United States
48 Commercial banks in the United States
49 Other depository institutions in the United States
50 Certified and official checks
51 All other

1,971,244
1,782,829
4,271
106,002
43,598
7,710
17,176
9,657

1,409,498
1,269,380
3,231
70,751
38,392
5,883
13,165
8,696

1,135,104
1,025,444
2,833
59,518
28,638
4,572
9,401
4,698

274,394
243,936
398
11,233
9,753
1,312
3,764
3,998

561,746
513,449
1,040
35,251
5,206
1,827
4,011
961

52 Total transaction accounts . .
53 Individuals partnerships , and corporations
54 U S government
55 States and political subdivisions in the United States
56 Commercial banks in the United States
57 Other depository institutions in the United States
58 Certified and official checks
59 All other

603,836
518,532
2,752
23,842
28,485
5,106
17,176
7,944

454,568
383,885
2,058
16,493
27,044
4,326
13,165
7,597

357,689
305,973
1,724
13,451
19,835
3,210
9,401
4,095

96,879
77,912
334
3,043
7,209
1,116
3,764
3,502

149,268
134,647
695
7,348
1,440
780
4,011
347

60 Demand deposits (included in total transaction accounts)
61 Individuals partnerships and corporations
62 U.S. government
63 States and political subdivisions in the United States
64 Commercial bunks in the United States
65 Other depository institutions in the United States
66 Certified and official checks
67 All other

415,363
340,664
2,708
13,309
28,478
5,086
17,176
7,942

325,935
261,587
2,028
10,200
27,043
4,316
13,165
7,597

250,104
203,579
1,698
8,297
19,834
3,200
9,401
4,095

75,831
58,008
330
1,903
7,209
1,116
3,764
3,501

89,428
79,077
681
3,109
1,436
770
4,011
345

Total
1 Total assets2
2 Cash and balances due from depository institutions
3 Currency and coin
4 No ninte rest-be iiring balances due from commercial banks
5
Other

Total loans, gross, by category
21 Loans secured by real estate
22 Construction and land development
.
23 Farmland
24
1—4 family residential properties
25
Revolving, open-end loans secured by 1-4 family residential
properties and extended under lines of credit
26
All other loans secured by 1-4 family residential properties
27 Multifamily (5 or more) residential properties
28 Nonfarm nonresidential properties
29
30
31
32
33
34
35
36
37
38
39
40
41

....

... .

Loans to depository institutions
Loans to finance agricultural production and other loans to farmers
Commercial and industrial loans
Acceptances of other banks
Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
Obligations (other than securities) of states and political subdivisions in the
United states
Nonrated industrial development obligations
Other obligations (excluding securities)
All other loans
Lease financing receivables
Customers' liability on acceptances outstanding
Net due from own foreign offices Edge and Agreement subsidiaries and IBFs
Remaining assets
. .




183

73. Insured commercial bank assets and liabilities, 19881—Continued
A. Domestic Offices—Continued
Millions of dollars
Consolidated report of condition, Ql
Item

Menbers
Total

National

State

Nonmembers

1,367,407
1,264,297
1,519
82,161
15,113
2,604
1,713
251,439
29,209
24,277
20S776
78,795
26,264
2,852
14,614
80,078

954,930
885,495
1,173
54,258
11,347
1,558
1,099
227,771
21,992
15,643
18,945
64,758
25,125
1,533
12,908
69,297

777,415
719,472
1,109
46,067
8,803
'1,362
602
17$,793
18,652
12,751
13,710
50,519
17,881
1,393
9,569
46,475

177,515
166,024
64
8,191
2,544
196
497
51,977
3,340
2,891
5,234
14,239
7,244
140
3,339
22,822

412,477
378,802
346
27,903
3,766
1,047
614
23,669
7,217
8,634
1,832
14,037
1,139
1,318
1,706
10,781

182,062

129,212

100,845

28,367

52,850

23,705
14,567
3,770
1,309
187
446
70
1,868
1,123

23,384
14,537
3,766
1,285
148
445
70
1,849
1,123

It 886
6.810
1473
'982
52
378
70
1268
710

10,498
7,727
1,293
303
96
67
0
581
413

321
29
4
23
39
1
0
19

86,372
38,154
11,788
4,745

60,906
28,845
7,057
1,788

5(1,235
2.1,741
6,056
1,604

10,671
5,105
1,001
184

25,466
9309
4,731
2,958

7,043

5,269

4,451

818

1,774

Savings deposits
99 Money market deposit accounts (MMDAs)
100 Other savings deposits
101 Total time deposits of less than $100 000
102 Time certificates of deposit of $100 000 or more
103 Open-account time deposits of $100 000 or more
104 All NOW accounts (including "Super NOW" accounts)
105 Total time and savings deposits

359,159
182,435
478,792
314,033
32,988
180,162
1,555,881

263,116
128,263
311,289
224,442
27,821
122,952
1,083,563

213,881
99,B29
260,936
183,141
19,528
102,280
88S,:)00

49,235
28,434
50,353
41,301
8,193
20,672
198,564

96,043
54,172
167,503
89,591
5,168
57,209
472,318

Quarterly averages
106 Total loans
107 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)

1,569,328

1,182,169

9S5y«34

226,334

387,159

186,512

127,866

10S|,394

22,473

58,645

355,977
178,331
310,448
507,740

260,915
125,101
222,927
336,874

21VJ53
97>l>86
182i'151
278,726

48,962
27,414
40,776
58,148

95,0631
53,230
87,521.
170,866

13,465

5,630

4,557

1,073

7,835

Total
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83

Total nontransaction accounts
.
....
Individuals, partnerships, and corporations
U.S. government
States and political subdivisions in the United States
Commercial banks in the United States
Other depository institutions in the United States . . .
All other
Federal funds purchased and securities sold under agreements to repurchase5...
Federal funds purchased
Securities sold under agreements to repurchase
Demand notes issued to the U S Treasury
...
...
Other borrowed money
Hanks liability on acceptances executed and outstanding..
.
...
Notes and debentures subordinated to deposits
Net due to own foreign offices, Edge and Agreement subsidiaries, and IBFs
Remaining liabilities
.

84 Total equity capital6
85
86
87
88
89
90
91
92
93

..

MEMO
Assets held in trading accounts7
U.S. Treasury securities
U S government agency corporation obligations
Securities issued by states and political subdivisions in the United States
Other bonds notes and debentures
Certificates of deposit
Commercial paper
Bankers acceptances. . .
Other

94 Total individual retirement accounts (IRA) and Keogh plan accounts
95 Total brokered deposits
96 Total brokered retail deposits
97 Issued in denominations of $100 000 or less
98 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100,000 or less

Non transaction accounts
108 Money market deposit accounts (MMDAs)
109 Other savings deposits
110 Time certificates of deposit of $100,000 or more
Ill All other time deposits
1 12 Number of banks

184



a

73. Insured commercial bank assets and liabilities, 19881—Continued
A. Domestic Offices—Continued
Millions of dollars
Consolidated report of condition, Q2
Item

Members
Total

National

State

Nonmembers

2,664,825

1,980,194

1,573,954

406,241

684,631

212,344
25,614
31,316
155,414

161,101
19,390
18,216
123,495

128,466
15,944
15,198
97,325

32,635
3,446
3,017
26,171

51,243
6,225
13,100
31,919

2,286,809

1,680,360

1,348,644

331,715

606,449

493,292

326,867

256,628

70,239

166,425

316,203
111,128
2,019
109,109
65,961

208,038
78,805
1,048
77,757
40,024

166,370
58,695
828
57,866
31,563

41,668
20,110
220
19,891
8,461

108,165
32,322
971
31,352
25,938

4,227
61,770
136,791
58,590
5,256
1,669,745
13,019
1,656,726

2,981
37,046
107,864
33,312
4,423
1,254,800
9,171
1,245,629

1,512
30,054
80,420
28,921
3,904
1,018,763
7,166
1,011,597

1,469
6,991
27,444
4,391
519
236,036
2,005
234,032

1,246
24,724
28,926
25,278
833
414,946
3,848
411,098

615,148
123,298
15,148
280,805

431,880
97,465
7,213
188,254

366,110
81,371
6,094
159,495

65,770
16,094
1,119
28,759

183,268
25,833
7,935
92,551

34,810
245,996
17,858
178,038

26,205
162,049
13,315
125,631

22,327
137,168
11,717
107,432

3,878
24,882
1,599
18,199

8,605
83,946
4,543
52,406

37,141
30,233
491,951
2,872

33,367
16,027
387,913
1,673

25,912
13,533
305,942
1,447

7,455
2,493
81,971
226

3,773
14,206
104,038
1,199

342,925

254,426

210,676

43,750

88,500

48,700
912
47,788
72,619
28,157
25,611
41,353
140,061

39,975
586
39,389
65,184
24,355
24,422
38,297
114,312

29,791
430
29,361
45,666
19,686
17,453
26,636
79,390

10,184
156
10,029
19,518
4,668
6,969
11,660
34,922

8,725
327
8,398
7,434
3,803
1,189
3,056
25,749

42 Total liabilities and equity capital

2,664,825

1,980,194

1,573,954

406,241

684,631

43 Total liabilities4

2,477,854

1,847,412

1,470,956

376,456

630,442

44 Total deposits .
45 Individuals piirtnerships and corporations
46 U S government
47 States and political subdivisions in the United States
48 Commercial banks in the United States
49 Other depository institutions in the United States
50 Certified and official checks
51 All other

2,014,345
1,820,769
4,457
106,599
43,040
7,972
19,812
11,696

1,444,586
1,300,287
3,447
71,106
37,784
5,952
15,368
10,644

1,161,188
1,050,463
3,003
59,483
27,905
4,577
10,162
5,595

283,398
249,823
444
11,623
9,878
1,375
5,206
5,048

569,759
520,482
1,010
35,493
5,256
2,020
4,444
1,052

52 Total transaction accounts . .
53 Individuals partnerships and corporations
54 U S government
55 States and political subdivisions in the United States
56 Commercial banks in the United States
57 Other depository institutions in the United States
58 Certified and official checks
59 All other
.

626,839
534,112
2,842
26,381
28,607
5,102
19,812
9,983

474,145
397,685
2,118
18,270
26,921
4,282
15,368
9,500

370,836
316,335
1,742
14,876
19,649
3,103
10,162
4,969

103,309
81,350
376
3,394
7,273
1,180
5,206
4,531

152,694
136,427
724
8,111
1,685
820
4,444
483

60 Demand deposits (included in total transaction accounts)
61 Individuals, partnerships, and corporations
62 U S government
.
63 States and political subdivisions in the United States
64 Commercial banks in the United States
65 Other depository institutions in the United States
66 Certified and official checks
67 All other

437,643
356,803
2,786
14,582
28,600
5,079
19,812
9,981

344,715
275,525
2,077
11,058
26,919
4,268
15,368
9,500

262,519
213,980
1,705
8,968
19,647
3,088
10,162
4,969

82,195
61,544
372
2,090
7,272
1,179
5,206
4,531

92,928
81,278
709
3,524
1,680
812
4,444
481

Total
1 Total assets2
2 Cash and balances due from depository institutions
4
5

Non interest-bearing balances due from commercial banks
Other

6 Total securities, loans, and lease financing receivables (net of unearned income) —
7 Total securities book value
8 U.S. Treasury securities and U.S. government agency and corporation
obligations
9 Securities issued by states and political subdivisions in the United States
10
Taxable securities
11
Tax-exempt securities
12 Other securities
13
All holdings of private certificates of participation in pools of residential
mortgages
14
All other
15 Federal funds sold and securities purchased under agreements to resell3
16 Federal funds sold .
...
17 Securities purchased under agreements to resell
18 Total loans and lease financing receivables gross
19 LESS' Unearned income on loans
20 Total loans and leases (net of unearned income)
Total loans, gross, by category
21 Loans secured by real estate
22 Construction and land development
23 Farmland
24 1—4 family residential properties
25
Revolving, open-end loans secured by 1-4 family residential properties and
extended under lines of credit
26
All other loans secured by 1 4 family residential properties
27 Multifamily (5 or more) residential properties
28 Nonfarm nonrcsidential properties
29
30
31
32
33
34
35
36
37
38
39
40
41

Loans to depository institutions
Loans to finance agricultural production and other loans to farmers
Commercial and industrial loans
Acceptances of other banks
Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
Obligations (other than securities) of states and political subdivisions in the
United States
Nonrated industrial development obligations
Other obligations (excluding securities)
All other loans
..
....
Lease financing receivables
Customers' liability on acceptances outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs . .
Remaining assets
...




185

73. Insured commercial bank assets and liabilities, 19881—Continued
A. Domestic Offices—Continued
Millions of dollars
Consolidated report of condition, Q2
Item

Members
Total

National

State

Nonmembers

1,387,506
1,286,657
1,615
80,218
14,433
2,870
1,712
241,168
27,947
27,456
29,997
81,418
26,370
2,383
14,617
82,173

970,441
902,602
1,329
52,836
10,862
1,669
1,143
213,695
20,557
15,896
27,657
65,345
25,181
1,358
11,634
69,591

790.352
73< 129
1.260
44J607
Ss 257
1,474
626
168,283
17S144
12,756
22,151
52,889
18,181
1,220
#,547
47,045

180,089
168,473
68
8,229
2,606
195
517
45,412
3,413
3,140
5,506
12,456
7,000
138
3,087
22,546

417,065
384,055
287
27,382
3,571
1,201
569
27,473
7,389
11,560
2,341
16,073
1489
U025
2i983
12,582

186,971

132,782

102,998

29,784

54,189

21,323
11,761
3,899
1,422
248
521
118
1,598
1,310

20,980
11,752
3,899
1,413
203
521
118
1,587
1,307

12,498
6,352
2,229
1,376
89
426
118
1,334
1,306

8,482
5,400
1,670
337
114
96
0
553
301

343
10
I)
')
44
t)
0
11
3

90,177
43,447
13,940
5,579

63,712
32,334
8,151
2,180

52,626
26,<442
6,(»5
1,984

11,086
5,892
1,247
196

26,465
11,113
5,789
3,399

8,362

5,972

4,')21

1,051

2,390

357,714
188,742
493,091
314,977
32,983
183,291
1,576,702

263,264
133,090
320,927
225,187
27,973
126,014
1,099,872

213,342
103 ,.501
269,341
184,607
19.561
105,453
898,669

49,923
29,589
51,586
40,580
8,411
20,561
201,203

94,450
55,652
172,163
89,790
5,010
57,277
476,831

1,607,483

1,210,007

982,180

227,827

397,477

189,522

130,191

108,171

22,020

59,33(1

355,812
185,146
310,282
522,226

261,682
130,219
222,820
346,422

212,666
101,480
182,460
287,158

49,016
28,739
40,361
59,264

94,130
54,927
87,462
175,804

13,374

5,539

4/70

1,069

7,835

Total
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83

Total nontransaction accounts
Individuals partnerships and corporations
...
U S government
States and political subdivisions in the United States
Commercial banks in the United States
Other depository institutions in the United States
All other
. ..
Federal funds purchased and securities sold under agreements to repurchase5...
Federal funds purchased
Securities sold under agreements to repurchase ...
Demand notes issued to the U S Treasury
Other borrowed money
Banks liability on acceptances executed and outstanding
Notes and debentures subordinated to deposits
Net due to own foreign offices, Edge and Agreement subsidiaries, and IBFs —
Remaining liabilities

84 Total equity capital6
MEMO
85 Assets held in trading accounts7
86 U.S. Treasury securities
87 U S government agency corporation obligations. .
88 Securities issued by states and political subdivisions in the United States
89 Other bonds notes and debentures
90 Certificates of deposit
91 Commercial paper
92 Bankers acceptances
93 Other
94 Total individual retirement accounts (IRA) and Keogh plan accounts
95 Total brokered deposits
96 Total brokered retail deposits
97 Issued in denominations of $100 000 or less
98 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100 000 or less
Savings deposits
99 Money market deposit accounts (MMDAs)
100 Other savings deposits
101 Total time deposits of less than $100,000
102 Time certificates of deposit of $100 000 or more
103 Open-account time deposits of $100,000 or more
104 All NOW accounts (including "Super NOW" accounts)
105 Total time and savings deposits
Quarterly averages
106 Total loans
107 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
108
109
110
Ill

Nontransaction accounts
Money market deposit accounts (MMDAs)
Other savings deposits
..
Time certificates of deposit of $100,000 or more
All other time deposits

112 Number of banks

186



. .

...

73. Insured commercial bank assets and liabilities, 19881—Continued
A. Domestic Offices—Continued
Millions of dollars
Consolidated report of condition, Q3
Item ,

Total

1 Total assets2

Members
Total

National

State

Nonmembers

2,700,388

2,003,363

1,590,871

412,492

697,025

...

218,083
22,093
31,426
164,564

166,819
16,874
17,977
131,968

132,206
13,933
14,997
103,276

34,613
2,941
2,980
28,692

51,264
5,220
13,449
32,596

6 Total securities, loans, and lease financing receivables (net of unearned income) —

2,317,704

1,700,061

1,365,305

334,756

617,642

7 Total securities, book value
8 U.S. Treasury securities and U.S. government agency and corporation
obligations
9 Securities issued by states and political subdivisions in the United States
10
Taxable securities
11
Tax-exempt securities
12 Other securities . . . .
13
All holdings of private certificates of participation in pools of residential
mortgages
14
All other ..'.
15 Federal funds sold and securities purchased under agreements to resell^
16 Federal funds sold
17 Securities purchased under agreements to resell
18 Total loans and lease financing receivables gross
19 LESS: Unearned income on loans
20 Total loans and teases (net of unearned income)
...

498,858

330,391

258,484

71,907

168,467

322,656
109,219
2,082
107,137
66,983

211,347
77,505
1,085
76,420
41,539

168,576
57,256
834
56,422
32,652

42,771
20,249
251
19,998
8,887

111,308
31,714
997
30,717
25,445

4,069
62,930
137,231
55,018
5,438
1,695,030
13,416
1,681,614

3,061
38,488
107,111
31,223
3,743
1,272,101
9,541
1,262,560

1,795
30,868
79,336
26,817
3,170
1,034,966
7,481
1,027,486

1,267
7,620
27,775
4,405
573
237,134
2,060
235,074

1,008
24,442
30,121
23,795
1,695
422,929
3,874
419,055

634,611
127,156
15,359
292,277

447,161
100,449
7,265
197,073

379,339
83,765
6,130
167,179

67,822
16,684
1,134
29,894

187,450
26,707
8,094
95,204

37,580
254,697
17,745
182,074

28,466
168,607
13,198
129,176

24,300
142,879
11,561
110,704

4,166
25,728
1,637
18,472

9,114
86,091
4,547
52,898

34,325
30,764
490,090
3,730

30,665
16,121
385,143
1,972

23,804
13,709
302,879
1,709

6,861
2,412
82,264
263

3,660
14,642
104,947
1,758

352,565

262,416

218,188

44,228

90,148

47,572
1,050
46,523
72,205
29,168
26,229
37,685
138,371

39,035
722
38,313
64,230
25,358
25,127
34,311
111,355

29,168
591
28,577
45,490
20,681
17,656
22,819
75,704

9,867
131
9,736
18,740
4,677
7,472
11,492
35,651

8,538
328
8,210
7,975
3,810
1,102
3,375
27,016

42 Total liabilities and equity capital

2,700,388

2,003,363

1,590,871

412,492

697,025

43 Total liabilities4 „

2,510,240

1,868,420

1,484,566

383,853

641,821

44 Total deposits „.
45 Individuals, partnerships, and corporations
46 U.S. government
47 States and political subdivisions in the United States
48 Commercial banks in the United States
49 Other depository institutions in the United States
50 Certified and official checks
51 All other

2,033,699
1,847,613
4,313
105,956
39,626
7,856
18,431
9,903

1,460,367
1,320,893
3,295
71,943
35,062
6,029
14,190
8,955

1,178,985
1,070,151
2,869
60,396
26,201
4,646
9,829
4,894

281,381
250,742
426
11,547
8,861
1,383
4,361
4,062

573,332
526,720
1,018
34,014
4,564
1,827
4,242
947

52 Total transaction accounts
53 Individuals partnerships and corporations
54 U S government
55 States and political subdivisions in the United States
56 Commercial banks in the United States
57 Other depository institutions in the United States
58 Certified and official checks
59 All other

616,208
530,014
2,942
24,924
26,799
5,139
18,431
7,958

465,278
394,656
2,167
17,344
25,068
4,365
14,190
7,488

367,199
315,854
1,803
14,106
18,468
3,177
9,829
3,963

98,079
78,802
364
3,238
6,600
1,188
4,361
3,526

150,929
135,358
775
7,580
1,731
774
4,242
470

426,158
351,243
2,885
13,727
26,793
5,124
18,431
7,954

334,662
271,104
2,123
10,337
25,064
4,356
14,190
7,488

257,778
212,232
1,763
8,360
18,464
3,168
9,829
3,962

76,884
58,872
361
1,978
6,600
1,188
4,361
3,525

91,496
80,139
761
3,390
1,729
768
4,242
467

2 Cash and balances due from depository institutions ....
3 Currency and coin
4 Noninte rest-bearing balances due from commercial banks
5 Other
,„

Total loans, gross, by category
21 Loans secured by real estate
22 Construction and land development
23 Farmland
24 1-4 family residential properties
25
Revolving, open-end loans secured by 1-4 family residential properties and
extended under lines of credit
...
26
All other logins secured by 1 4 family residential properties
27 Multifamily (*> or more) residential properties
.
...
28 Nonfarm noni esidential properties
29
30
31
32
33
34
35
36
37
38
39
40
41

Loans to depository institutions
Loans to finance* agricultural production and other loans to farmers
Commercial and industrial loans
Acceptances of other banks
Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
Obligations (other than securities) of states and political subdivisions in the
United States
Nonrated industrial development obligations
Other obligations (excluding securities)
All other loans „
Lease financing receivables
Customers* liability on acceptances outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs . .
Remaining assets

60 Demand deposits (included in total transaction accounts) . . . .
61 Individuals partnerships and corporations
62 U S government
63 States and political subdivisions in the United States
64 Commercial banks in the United States
65 Other depository institutions in the United States
66 Certified and official checks
67 All other




...
...
...

187

73. Insured commercial bank assets and liabilities, 19881—Continued
A. Domestic Offices—Continued
Millions of dollars
Consolidated report of condition, Q3
Item

Meribers
Total

National

State

Nonmembers

1,417,491
1,317,599
1,371
81,032
12,827
2,717
1,945
247,498
28,516
31,365
31,210
82,536
26,900
2,392
16,447
86,005

995,088
926,237
1,128
54,599
9,994
1,665
1,467
212,687
21,057
16,226
28,793
66,088
25,798
1,250
13,832
73,437

8 J 1,786
754,297
1,066
46,239
7,733
1,470
931
164,639
17,491
12,854
20,849
50,757
18,273
1,110
8,817
46,952

183,302
171,940
62
8,309
2,260
195
536
48,048
3,566
3,372
7,943
12,331
7,525
140
5,014
26,485

422,403
391,362
244
26,434
2,833
1,053
478
34,811
7,459
15,139
2,417
16,448
1,102
1,142
2,615
12,569

190,147

134,943

10tf(305

28,639

55,2(14

22,823
13,296
3,846
1,190
314
492
50
1,763
1,272

22,273
13,242
3,838
1,181
281
492
50
1,748
1,272

13,168
6,759
2,841
994
180
306
49
1,068
812

9,105
6,484
998
187
101
186
1
680
460

550
54
7
8
33
0
0
15
0

92,734
48,445
16,654
6,176

65,529
36,064
10,141
2,343

54.085
2&751

I;9i8
a; 180

11,444
7,313
2,223
163

27,206
32,381
6,513
3,834

10,478

7,798

1738

2,060

2,680

348,888
188,190
513,315
332,533
34,564
184,338
1,607,541

256,688
133,103
337,151
238,804
29,343
127,301
1,125,705

209,099
103,396
283,400
196,204
20,688
10(1,471
921,208

47,589
29,707
54,751
42,600
8,655
20,829
204,497

92,201
554)87
176465
93,730
5,221
57,037
481,836

1,637,416

1,228,824

998,855

229,969

408,593

191,066

131,871

109,370

22,501

59,195

353,952
188,786
319,911
535,188

260,415
133,370
229,957
355,859

211,741
103337
18^,796
293;, 782

48,675
29,533
41,161
62,077

93,536
55,417
89,954
179,329

13,206

5,452

4,385

1,067

7,754

Total
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83

Total nontransaction accounts
Individuals, partnerships, and corporations
U.S. government
States and political subdivisions in the United States
Commercial banks in the United States
Other depository institutions in the United States
Allother
Federal funds purchased and securities sold under agreements to repurchase5. . .
Federal funds purchased
..
Securities sold under agreements to repurchase
Demand notes issued to the U S Treasury
Other borrowed money
Banks liability on acceptances executed and outstanding
Notes and debentures subordinated to deposits
Net due to own foreign offices, Edge and Agreement subsidiaries, and IBFs ....
Remaining liabilities

84 Total equity capital6
85
86
87
88
89
90
91
92
93

MEMO
Assets held in trading accounts7
U.S. Treasury securities
. ..
U.S. government agency corporation obligations
Securities issued by states and political subdivisions in the United States
Other bonds, notes, and debentures
Certificates of deposit
Commercial paper
Bankers acceptances
Other

94 Total individual retirement accounts (IRA) and Keogh plan accounts
95 Total brokered deposits
96 Total brokered retail deposits
....
97 Issued in denominations of $100,000 or less
98 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100,000 or less
99
100
101
102
103
104
1 05

Savings deposits
Money market deposit accounts (MMDAs)
Other savings deposits
Total time deposits of less than $100 000
Time certificates of deposit of $100,000 or more
Open-account time deposits of $100 000 or more
All NOW accounts (including "Super NOW" accounts)
Total time and savings deposits

Quarterly averages
106 Total loans
107 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
.
108
109
110
111

Nontransaction accounts
Money market deposit accounts (MMDAs)
Other savings deposits
Time certificates of deposit of $100 000 or more
All other time deposits

112 Number of banks

188



73. Insured commercial bank assets and liabilities, 19881
A. Domestic Offices
Millions of dollars
Consolidated report of condition, Q4
Item

Members
Total

National

State

Nonmembers

Total
1 Total assets2

.

2,754,989

2,039,521

1,630,552

408,969

715,468

2 Cash and balances due from depository institutions
3 Currency and coin
4 Noninterest-btiaring balances due from commercial banks
5 Other

233,484
27,563
33,327
172,594

179,454
21,188
18,642
139,625

143,183
17,680
15,564
109,939

36,271
3,508
3,078
29,685

54,029
6,375
14,685
32,969

2,344,689

1,712,805

1,384,529

328,276

631,884

503,830

332,805

259,481

73,324

171,025

330,282
105,164
2,036
103,128
68,385

215,292
74,241
1,060
73,181
43,272

170,816
54,931
804
54,127
33,735

44,476
19,310
256
19,054
9,537

114,989
30,923
976
29,947
25,113

4,197
64,393
126,241
54,747
5,718
1,727,855
13,238
1,714,617

3,176
40,302
97,655
30,553
4,048
1,291,763
9,419
1,282,344

1,959
31,981
74,305
26,121
3,452
1,058,182
7,440
1,050,742

1,217
8,320
23,350
4,432
596
233,581
1,979
231,602

1,021
24,092
28,586
24,194
1,671
436,092
3,818
432,273

652,432
129,073
15,451
300,705

458,297
100,804
7,313
202,843

390,404
84,551
6,190
172,420

67,894
16,254
1,123
30,423

194,135
28,269
8,138
97,863

39,835
260,870
18,197
189,006

30,135
172,708
13,453
133,884

25,685
146,735
11,794
115,449

4,450
25,973
1,659
18,435

9,701
88,162
4,744
55,122

34,222
29,824
497,156
4,636

29,939
15,944
389,103
2,353

23,404
13,666
309,216
2,038

6,535
2,279
79,887
314

4,283
13,880
108,053
2,283

361,993

268,619

224,603

44,016

93,375

44,611
1,244
43,367
72,679
30,302
26,512
44,844
150,305

36,557
898
35,659
65,009
25,942
25,357
40,621
121,906

27,154
762
26,392
46,201
21,497
18,001
24,770
84,840

9,403
135
9,268
18,808
4,445
7,356
15,851
37,066

8,054
346
7,708
7,670
4,360
1,155
4,223
28,399

42 Total liabilities and equity capital

2,754,989

2,039,521

1,630,552

408,969

715,468

4

2,559,106

1,899,836

1,521,980

377,856

659,270

2,103,184
1,910,456
5,608
107,784
40,128
8,643
19,911
10,656

1,510,266
1,366,776
4,286
73,308
34,768
6,507
15,053
9,569

1,223,011
1,111,043
3,742
61,138
26,363
5,464
10,306
4,955

287,255
255,732
544
12,170
8,405
1,044
4,748
4,614

592,918
543,680
1,322
34,476
5,360
2,135
4,858
1,088

52 Total transaction accounts
53 Individuals partnerships and corporations
54 U S government
55 States and political subdivisions in the United States
56 Commercial banks in the United States
57 Other depository institutions in the United States
58 Certified and official checks
59 All other

657,473
564,453
4,203
27,294
27,021
5,567
19,911
9,025

494,637
419,708
3,117
18,962
24,835
4,448
15,053
8,515

392,593
337,191
2,644
15,519
18,977
3,567
10,306
4,389

102,044
82,517
473
3,443
5,858
881
4,748
4,127

162,835
144,745
1,087
8,332
2,186
1,119
4,858
509

60 Demand deposits (included in total transaction accounts)
61 Individuals partnerships and corporations
62 U.S. government
63 States and political subdivisions in the United States
64 Commercial banks in the United States
65 Other depository institutions in the United States
66 Certified and official checks
67 All other . . . .
..
.
.

456,264
375,440
4,137
15,185
27,018
5,552
19,911
9,022

355,652
288,282
3,068
11,460
24,834
4,441
15,053
8,514

275,935
226,843
2,598
9,263
18,976
3,560
10,306
4,388

79,716
61,439
469
2,197
5,858
880
4,748
4,126

100,612
87,158
1,069
3,724
2,184
1,111
4,858
508

...

..

6 Total securities, loans, and lease financing receivables (net of unearned income) —
7 Total securities book value
8 U.S. Treasury securities and U.S. government agency and corporation
obligations
9 Securities issued by states and political subdivisions in the United States
10
Taxable securities
11
Tax-exempt securities
12 Other securities
13
All holdings of private certificates of participation in pools of residential
mortgages
14
All other
. . ..
15 Federal funds sold and securities purchased under agreements to resell3
16 Federal funds sold
.
.
17 Securities purchased under agreements to resell
19 LESS* Unearned income on loans
20 Total loans and leases (net of unearned income). . . .

. ...
..

Total loans, gross, by category
21 Loans secured by real estate
22 Construction *md land development
23 Farmland
24 1 4 family residential properties
25
Revolving,, open-end loans secured by 1-4 family residential properties and
extended under lines of credit
26
All other loans secured by 1 4 family residential properties
27 Multifamily (5 or more) residential properties
28 Nonfarm noni esidential properties
29
30
31
32
33
34
35
36
37
38
39
40
41

Loans to depository institutions
Loans to finance agricultural production and other loans to farmers
Commercial and industrial loans
Acceptances of other banks
Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
Obligations (other than securities) of states and political subdivisions in the
United States
Nonrated industrial development obligations
Other obligations (excluding securities)
All other loans
Lease financing receivables
Customers' liability on acceptances outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs . .
Remaining assets
. .

43 Total liabilities

44 Total deposits
45 Individuals partnerships and corporations
46 U S government
47 States and political subdivisions in the United States
48 Commercial banks in the United States
49 Other depository institutions in the United States
50 Certified and official checks
51 All other




. .
.
. .

189

73. Insured commercial bank assets and liabilities, 19881—Continued
A. Domestic Offices—Continued
Millions of dollars
Consolidated report of condition, Q4
Members

Item

State

Nonmembers

Total
Total
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83

Total nontransaction accounts
Individuals, partnerships, and corporations
U S government
States and political subdivisions In the United States
Commercial banks in the United States
Other depository institutions in the United States
All other
Federal funds purchased and securities sold under agreements to repurchase5
Federal funds purchased
Securities sold under agreements to repurchase
Demand notes issued to the U.S. Treasury
Other borrowed money
Banks liability on acceptances executed and outstanding
Notes and debentures subordinated to deposits
Net due to own foreign offices. Edge and Agreement subsidiaries and IBFs
Remaining liabilities

84 Total equity capital6
MEMO
85 Assets held in trading accounts7
86 U.S. Treasury securities
87 U.S. government agency corporation obligations
88 Securities issued by states and political subdivisions in the United States
89 Other bonds, notes and debentures
90 Certificates of deposit
91 Commercial paper
92 Bankers acceptances
93 Other
94 Total individual retirement accounts (IRA) and Keogh plan accounts
95 Total brokered deposits
96 Total brokered retail deposits
97 Issued in denominations of $100 000 or less
98 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100 000 or less
99
100
101
102
103
104
105

Savings deposits
Money market deposit accounts (MMDAs)
Other savings deposits
Total time deposits of less than $100,000
Time certificates of deposit of $100,000 or more
Open-account time deposits of $100,000 or more
All NOW accounts (including "Super NOW" accounts)
Total time and savings deposits

Quarterly averages
106 Total loans
107 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
108
109
110
111

Nontransaction accounts
Money market deposit accounts (MMDAs)
Other savings deposits
Time certificates of deposit of $100,000 or more
All other time deposits

132 Number of banks . .

190



National

1,445,711
1,346,002
1,405
80,490
139106
3,076
1,632
233,096
30,039
30,793
24,778
83,558
27,237
2,346
16,254
84,907

1,015,629
947,068
1,169
54,346
9,933
2,060
1,053
200,477
22,054
15,932
22,506
68,560
26,082
1,281
12,974
70,665

$30,418
773,852
1,099
45,620
7,386
1,896
566
155,916
18,154
12,715
17,430
56,432
18,633
1,128
10,472
49,430

185,211
173,216
71
8,726
2,547
163
487
44,561
3,900
3,217
5,076
12,127
7,449
152
2,502
21,235

430,082
398,935
215
26,144
3,173
1,017
578
32,619
7,985
14,862
2,271
14,999
1,155
1,066
3,280
14,242

195,883

139,685

108,572

31,113

56,198

18,998
9,915
3,286
1,178
212
847
19
1,582
1,448

18,549
9,913
3,281
1,165
212
797
19
1,566
1,434

:.1,203
5,068
2,257
960
99
456
19
1,112
1,074

7,345
4,845
1,024
205
113
341
0
454
360

450
3
5
13
0
50
0
17
14

95,081
53,185
19,344
7,336

67,420
39,631
12,370
2,809

£5,674
32,229
9,835
2,644

11,746
7,401
2,535
165

27,660
13,554
6,974
4,528

12,008

9,562

7,191

2,370

2,446

348,637
188,393
533,079
340,993
34,609
195,543
1,646,920

257,426
133,436
351,728
243,800
29,238
135,717
1,154,615

210,029
103,634
295,776
200,791
2D,188
113,818
947,076

47,397
29,802
55,952
43,009
9,050
21,900
207,539

91,211
54,957
18U5H)
97,193
5,371
59,826
492,306

1,663,178

1,243,954

1,013,132

225,822

419,224

194,018

134,054

111,597

22,457

59,964

349,853
189,035
331,071
559,032

257,485
133,698
238,100
374,668

210,101
104,311
196,135
312,287

47,384
29,387
41,965
62,381

92,368
55,337
92,971
184,364

13,079

5,396

4,338

1,058

7,683

73. Insured commercial bank assets and liabilities, 19881
B. Domestic and foreign offices
Millions of dollars
Consolidated report of condition, Ql
Banks with foreign offices8

Item
Total

Banks with domestic
offices only9

Total

2 Cash and balances due from depository institutions
3 Cash items in process of collection, unposted debits and currency
4 Cash items in process of collection and unposted debits and coin
5 Currency and coin
6 Balances due from depository institutions in the United States
7 Balances due from banks in foreign countries and foreign central banks .
8 Balances due from Federal Reserve Banks
MEMO
9 Noninterest-bearing balances due from commercial banks in the United States
(included in balances due from depository institutions in the U.S.)

Federal funds sold and securities purchased under agreements to resell ....
Federal funds sold
Securities purchased under agreements to resell ...
Total loans and tease financing receivables gross
LESS: Unearned income on loans ...
...
Total loans and leases (net of unearned income)
LESS: Allowance for loan and lease losses
.
LESS* Allocated transfer risk reserves
EQUALS: Total loans and leases, net. . .

46
47
48
49
50
51
52
53

Loans to finance agricultural production and other loans to farmers
Commercial and industrial loans
To U S addressees (domicile)
To non-U.S. addressees (domicile) . .
Acceptances of other banks
U S. banks
.
..
Foreign banks
Loans to individuals for household, family, and other personal
expenditures (includes purchased paper)
54 Credit cards and related plans
55 Other (includes single payment and installment)




447,727

1,341,864

877,164

394,481

328,542

229,823
68,874
n.a.
n.a.
35,730
103,175
22,045

125,039
1,844
n.a.
n.a.
22,871
100,175
149

104,784
67,029
55,864
11,165
12,859
2,999
21,897

64,790
27,023
18,910
8,114
21,823
4,245
11,698

33,929

8,328

12,804

10,079

n.a.

Over 100 1 Under 100

n.a.

*

v

n.a.
1,332,110

775,366

343,660

519,150

218,951

28,726

190,225

183,573

116,626

313,299
n.a.
n.a.

113,518
64,462
49,056

964
592
372

112,554
63,870
48,684

115,611
64,571
51,040

84,170
n.a.
n.a.

75,554
n.a.

40,766
8,290

352
20

40,414
8,270

21,202
29,837

13,586
n.a.

115,543
1,906
113,637
90,308
n.a.

48,945
351
48,594
56,488
29,138

725
6
719
27,037
1,509

48,220
345
47,876
29,451
27,629

44,121
708
43,413
23,841
23,424

22,477
847
21,630
9,979

4,205
58,336
n.a.

1,451
27,687
27,350

0
1,509
25,528

1,451
26,178
1,822

1,876
21,548
417

877
9,101

143,307
108,870
34,437
1,853,633
14,808
1,838,825
49,995
151
1,788,680

70,626
41,943
28,683
1,086,707
6,722
1,079,985
37,302
150
1,042,533

49,087
n.a.
n.a.
228,893
2,155
226,738
n.a.
n.a.
n.a.

70,396
n.a.
n.a.
857,815
4,567
853,247
n.a.
n.a.
n.a.

47,710
42,832
4,879
559,195
5,799
553,396
9,313
1
544,082

24,970
24,095
875
207,730
2,287
205,444
3,380
0
202,064

612,825

1 1 Total securities, book value
.
12 U.S. Treasury securities and U.S. government agency and corporation
obligations
13
U.S. Treasury securities
14
U S government agency and corporation obligations
15
All holdin|S of U.S. government-issued or guaranteed certificates of
participation in pools of residential mortgages
16
All other „
17 Securities issued by states and political subdivisions in the United
States
,
18
Taxable securities
.
19
Tax-exempt securities
20 Other securities
21
Other domestic securities
22
All holdings of private certificates of participation in pools of
residential mortgages
23
All other ,
24
Foreign securities

Total loans, gross, by category
34 Loans secured by real estate
35 Construction and land development
36 Farmland
37 1 4 family residential properties
38
Revolving, open-end loans secured by 1-4 family residential
properties and extended under lines of credit
39
All other loans secured by 1—4 family residential properties
40 Multifamily (*> or more) residential properties
.
41 Nonfarm non residential properties . .
42 Loans to depository institutions
43 To commercial banks in the United States
44 To other depository institutions in the United States
45 To banks in foreign countries

Domestic

1,728,965

2,451,136

10 Total securities, loans and lease financing receivables, net

25
26
27
28
29
30
31
32
33

Foreign

3,000,610

1 Total assets2

291,308

21,086

270,222
79,485
1,634
105,954

225,190
34,003
4,107
107,565

96,328
7,355
8,847
53,015

12,857
94,708
6,503
73,013
6,362
5,396
829
138

1,908
51,107
1,901
25,209
799
n.a.
n.a.
n.a.

n.a.
n.a.

n.a.

n.a.

n.a.

n.a.

64,397
n.a.
n.a.
n.a.

57,236
24,051
3,791
29,394

26,887
888
493
25,506

16,767
89,187
9,305
73,843
30,349
23,164
3,298
3,888

28,536
594,004
n.a.
n.a.
3,441
n.a.
n.a.

5,374
416,014
321,047
94,967
1,102
470
632

431
110,721
18,844
91,877
406
62
345

4,943
305,293
302,203
3,090
696
409
287

6,320
133,088
132,758
330
1,282
n.a.
n.a.

16,842
44,902
n.a.
n.a.
1,057
n.a.
n.a.

346,206
102,090
244,117

149,450
45,014
104,436

12,303
n.a.
n.a.

137,147
n.a.
n.a.

153,937
54,723
99,213

42,820
2,352
40,468

I

....

1

191

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Ql
Item

Banks with foreign offices8
Total
Total

56 Obligations (other than securities) of states and political subdivisions in the U.S..
57 Nonrated industrial development obligations
58 Other obligations (excluding securities)
59 All other loans
60 Loans to foreign governments and official institutions
61 Other loans
62
Loans for purchasing and carrying securities
63
All other loans
64
65
66
67
68
69
70
71
72

Lease financing receivables
Assets held in trading accounts
Premises and fixed assets (including capitalized leases)
Other real estate owned
Investments in unconsolidated subsidiaries and associated companies
Customers' liability on acceptances, outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs.
Intangible assets
Other assets

50,882
958
49,925
122,284
n.a.

31,056
42,001
44,835
11,669
2,277
34,196
n.a.
4,788
81,166

Foreign

Domestic

566
0
566

30,482

17,589

2,246

286

566

30,196
57,123
2,070
55,053
15,089
39,964

17,022
10,799

105
2,140
2,187
n.a.
n.a.
n.a.
n.a.

21,560
22,925

4,629

31,048
286
30,762
109,299
38,427
70,872
n.a.
n.a.

52,176
36,356
15,820

25,876
41,222
23,272
5,056

18,297

n.a.
n.a.
4,317

n.a.
n.a.
n.a.
n.a.

1,573
33,777

577

531
203

14,586
3,876

6,977
2,737

656
395
n.a.
1,628

47
24
n.a.
170

46,011

n.a.
n.a.

15,290

6,735

n.a.

877,164

394,481

1,256,406

814,918

360,123

3,000,610

1,728,965

2,818,498

1,643,456

84
2,304,970

1,236,534




314
10,485
2,886
7,599

2,990
59,142

73 Total liabilities, limited-life preferred stock and equity capital.

192

Over 100 Under 100

n.a.

74 Total liabilities4
75 Limited-life preferred stock
76 Total deposits
77 Individuals, partnerships, and corporations
78 U.S. government
79 States and political subdivisions in the United States .
80 Commercial banks in the United States
81 Other depository institutions in the United States
82 Banks in foreign countries
83 Foreign governments and official institutions
84 Certified 10 official checks
and
85 All other
86 Total transaction accounts
87 Individuals, partnerships, and corporations
88 U.S. government.
89 States and political subdivisions in the United States ,
90 Commercial banks in the United States
91 Other depository institutions in the United States
92 Banks in foreign countries
93 Foreign governments and official institutions
94 Certified and official checks
95 All other .
96 Demand deposits (included in total transaction accounts) .
97 Individuals, partnerships, and corporations
U.S.
98 "" government.
99 States and political subdivisions in the United States .
100 Commercial banks in the United States
101 Other depository institutions in the United States
102 Banks in foreign countries
103 Foreign governments and official institutions
104 Certified and official checks
105 All other .
106 Total nontransaction accounts .
107 Individuals, partnerships, and corporations
108 U.S. government.
109 States and political subdivisions in the United States
110 Commercial banks in the United States
111
U.S. branches and agencies of foreign banks
112
Other commercial banks in the United States
113 Other depository institutions in the United States
114 Banks in foreign countries
115
Foreign branches of other U.S. banks
116
Other banks in foreign countries
117 Foreign governments and official institutions
118 Allother
119 Federal funds purchased and securities sold under agreements to repurchase
120 Federal funds purchased
121 Securities sold under agreements to repurchase
122 Demand notes issued to the U.S. Treasury
123 Other borrowed money
124 Banks liability on acceptances executed and outstanding
125 Notes and debentures subordinated to deposits
126 Net due to own foreign offices, Edge and Agreement subsidiaries., and EBF's
127 All other liabilities 6
128 Total equity capital

Banks with domestic
offices only9

67

t t

447,676

n.a.
333,727
183,488

n.a.

I

3

13

716,837
652,490

351,599
319,890

n.a.
902,808
810,449
2,253
37,241
30,414
3,882

1,423

594

43,245
11,133
2,583

25,516

2,051
1,245
n.a.
n.a.
2,258
44

n.a.

7,561
1,477

327
248

630

9,530

5,387
205,561
180,987

1,314
8,115

28,284
10,160

26,807

304,088
253,550

17,805
n.a.

1,022

417

9,325
7,243

6,402

122,802

20,500
3,245
684
,4

991

1,501
90
6

94,188
83,995

742
360
n.a.
n.a.

9,530

5,387

2,258

234,533
185,821

130,62$
110,604

50.201
44.239

1,301

1,002
4,810

990

1,491
90
5

405
2,196
740
350
n.a.
n.a.

9,530

5,387

2,258

598,719
556,900

511,277
471,503

257,411
235,895

13

6,303
20,500
3,245
6,844

7,239

13

940

402

178

29,127

33,920
3,890

19,114

9,333

3,636

637
716
10
706
486

1,082
238
192
45
243

197,963

50,962
28,167
22,795
3,857
28,574

9,914
582

252,060
152,805
99,253
n.a.
117,021
34,293
17,407
n.a.
71,970
182,029

198,584
123,597
74,987

n.a.
87,224
33,874
14,555

n.a.
56,304
85,442

153,565

n.a.
n.a.
n.a.
38,227
8,029

n.a.
n.a.
n.a.
n.a.

1,309

253
883

n.a.

2,676

14,614

n.a.

n. i.
n. i.
31
2,514
1,041
1,473
538
1,223
24
175
n.a.

n.a.
n.a.

11,617
62,242

409
,4
34,345

n.a.
n.a.
16,380
48,998
25,845

395

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Ql
Banks with foreign offices8

Banks with domestic
offices only9

Total

Foreign

Over 100 Under 100

2,575

Item

.,684

Total
MEMO
129 Holdings of commercial paper included in total loans, gross
130 Total individual retirement accounts (IRA) and Keogh plan accounts
131 Total brokered deposits
132 Total brokered retail deposits
133 Issued in denominations of $100,000 or less
134 Issued in denominations greater than $100,000 and participated out by
the broker in shares of $100,000 or less




n.a.
15,824
1,217
1,080
758

2,350

322

131,221
73,266
198
104,920
4,312
72,556
586,209

51,191
33,368
129,204
42,131
1,518
42,407
301,398

825,294

541,830

202,203

31,273

251

n.a.

74,035

43,514

174,409
73,563
165,965
179,117
13,465

17,492

68,963

Nontransactiort accounts
Money market deposit accounts (MMDAs)
Other savings deposits
Time certificates of deposit of $100,000 or more.
All other time deposits

149 Number of banks .

841
34,759
9,288
5,420
3,070

176,747
75,802
152,030
166,981
27,159
65,198
668,275

Quarterly averages
142 Total loans
143 Obligations (other than securities) of states and political subdivisions in
the United States
144 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorizcd transfer accounts)

891
35,789
27,649
5,288
918
4,370

Savings deposits
135 Money market deposit accounts (MMDAs)
136 Other savings deposits
137 Total time deposits of less than $100,000
138 Time certificates of deposit of $100,000 or more
139 Open-account time deposits of $100,000 or more
140 All NOW accounts (including " Super NOW" accounts).
141 Total time and savings deposits

145
146
147
148

Domestic

130,639
72,202
103,624
199,221

50,929
32,566
40,859
129,403

2,454

10,760

193

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Q2
Banks with foreign Offices8

Item
Total

Banks with domestic
offices only9
Over 100 Under KM)

Total
2

1 Total assets

2 Cash and balances due from depository institutions
3 Cash items in process of collection, unposted debits and currency
4 Cash items in process of collection and unposted debits and coin
5 Currency and coin
6 Balances due from depository institutions in the United States
7 Balances due from banks in foreign countries and foreign central banks
8 Balances due from Federal Reserve Banks
MEMO
9 Noninterest-bearing balances due from commercial banks in the United States
(included in balances due from depository institutions in the U.S.)
10 Total securities, loans and lease financing receivables, net
11 Total securities, book value
12 U.S. Treasury securities and U.S. government agency and corporation
obligations
. .
...
13
U.S. Treasury securities
14
U.S government agency and corporation obligations
15
All holdings of U.S. government-issued or guaranteed certificates of
participation in pools of residential mortgages
16
All other
17 Securities issued by states and political subdivisions in the United States...
18
Taxable securities
19
Tax-exempt securities
20 Other securities
21
Other domestic securities
22
AH holdings of private certificates of participation in pools of
residential mortgages
23
All other
24
Foreign securities
25
26
27
28
29
30
31
32
33

Federal funds sold and securities purchased under agreements to resell
Federal funds sold
Securities purchased under agreements to resell
Total loans and lease financing receivables gross
LESS: Unearned income on loans
..
Total loans and leases (net of unearned income)
LESS: Allowance for loan and lease losses
LESS: Allocated transfer risk reserves
EQUALS: Total loans and leases, net

Total loans, gross, by category
34 Loans secured by real estate
35 Construction and land development
36 Farmland
37 1-4 family residential properties
38
Revolving, open-end loans secured by 1=4 family residential properties
and extended under tines of credit
39
All other loans secured by 1-4 family residential properties
40 Multifamily (5 or more) residential properties
41 Nonfarm nonresidential properties
42 Loans to depository institutions
43 To commercial banks in the United States
44 To other depository institutions in the United States
45 To banks in foreign countries
46
47
48
49
50
51
52
53

Loans to finance agricultural production and other loans to farmers
Commercial and industrial loans
To U.S. addressees (domicile)
. .
To non-U S addressees (domicile)
Acceptances of other banks
U.S. banks
Foreign banks
Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
54 Credit cards and related plans
....
.
55 Other (includes single payment and installment)

194



Foreign

Domestic

3,040,653

1,758,092

431,797

1,382,264

884,729

397,831

336,023

235,480
77,458
n.a.
n.a.
36,598
101,714
19,710

123,679
1,740
n.a.
n.a.
23,459
98,310
170

111,802
75,718
63,274
12,445
13,139
3,404
19,541

66,930
28,135
19,177
8,958
21,498
5,609
11,688

33,613

n.a.

i•

n.a.

n.a.

2,483,398

1,355,689

n.a.

519,826

219,004

26,534

317,410
n.a.
n.a.

115,026
63,354
51,672

1,207
70S
499

78,937
n.a.
111,766
2,050
109,717
90,650
n.a.

42,683
8,989
48,784
367
48,417
55,194
31,247

4,205
62,150
n.a.

8,553

n.a.

1

12,606

10,157

780,446

347,2ti2

192,470

183,321

117,502

113,819
62,646
51,173

116,971
64,757
52,214

85,4£3
n.a.
n.a.

481
18
639
31
608
24,688
1,808

42,202
8,971
48,145
336
47,809
30,506
29,439

21,716
30,497
41,102
746
40,356
25,248
24,899

14,538
n.a.
21,880
937
20,944
10,208

1,450
29,797
23,947

0
1,808
22,880

1,450
27,989
1,066

1,944
22,956
349

811
9,397

137,756
107,821
29,930
1,890,202
15,205
1,874,996
49,068
112
1,825,816

73,910
49,236
24,674
1,106,150
6,818
1,099,332
36,445
111
1,062,775

965
n.a.
n.a.
220,457
2,186
218,270
n.a.
n.a.
n.a.

72,945
n.a.
n.a.
885,693
4,631
881,062
n.a.
n.a.
n.a.

41,735
37,002
4,733
570,602
5,998
564,604
9,213
1
555,391

22,110
21,588
522
213,450
2,390
211,060
3,410
0
207,650

636,343

306,945

21,195

285,750
81,640
1,739
115,137

230,036
34,080
4,260
110,898

99362
7,578
9450
54,770

13,960
96,938
6,492
74,305
5,912
5,114
621
177

2,190
52,581
1,925
25,939
848
n.a.
n.a.
n.a.

n.a.

n.a.

n.a.

n.a.

63,294
n.a.
n.a.
n.a.

56,534
23,257
3,989
29,288

26,153
894
502
24,758

18,660
96,477
9,441
77,793
30,380
22,363
3,487
4,530

30,523
597,415
n.a.
n.a.
3,273
n.a.
n.a.

5,593
416,593
327,178
89,415
1,081
413
668

291
105,464
19,261
86,203
401
86
315

5,302
311,129
307,917
3,212
680
327
:
353

6,791
135,469
135,163
306
1,306
n.a.
n.a.

18,140
45,353
n.a.
n.a.
885
n.a.
n.a.

354,770
103,192
251,578

151,724
44,290
107,435

11,845
n.a.
n.a.

139,879
n.a.
n.a.

159,206
56,440
102,766

43,840
2,462
41,378

73. Insured commercial bank assets and liabilities, 19881- -Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Q2
Banks with foreign offices8

Item
Total

Total

Banks with domestic
offices only9

Foreign

Domestic

49,297
912
48,385
123,037
n.a.
n.a.
n.a.
n.a.

30,472
323
30,148
110,424
37,295
73,129
n.a.
n.a.

597
0
597
50,418
35,298
15,120
n.a.
n.a.

29,875
323
29,551
60,006
1,997
58,009
13,991
44,018

16,647
505
16,141
10,375
232
10,142
1,739
8,403

2,179
84
2,095
2,238
n.a.
n.a.
n.a.
n.a.

32,249
38,305
45,085
12,154
2,063
32,911
n.a.
4,906
85,807

26,784
37,407
23,706
5,559
1,297
32,445
n.a.
3,159
63,351

4,092
16,982

22,692
20,424
n.a.
n.a.
n.a.
n.a.
41,353
n.a.
n.a.

4,860
661
14,399
3,850
712
436
n.a.
1,576
15,719

604
238
6,980
2,745
54
30
n.a.
172
6,737

73 Total liabilities, limited-life preferred stock and equity capital.

3,040,653

1,758,092

n.a.

884,729

397,831

74 Total liabilities4

2,853,590

1,668,733

431,706

1,292,997

821,871

362,987

82
2,343,467

67
1,272,229

n.a.
329,122
183,517

n.a.
943,107
844,310
2,420
38,774
30,887
4,125
9,223
1,727
11,640

4
717,945
654,671
1,401
42,669
10,167
2,608
407
294
5,728

324,985
268,662
1,356
8,999
21,279
3,329
8,505
1,215
11,640

206,934
181,394
1,023
10,548
6,570
1,425
215
30
5,728

254,118
199,905
1,341
6,905
21,279
3,328
8,505
1,215
11,640

132,426
112,116
996
5,365
6,565
1,410
215
30
5,728

618,122
575,648
1,065
29,775
9,608
711
8,898
797
718
11
707
512

511,011
473,276
378
32,121
3,597
81
3,516
1,183
192
191
1
264

56 Obligations (other than securities) of states and political subdivisions in the U.S.
57 Nonrated industrial development obligations
58 Other obligations (excluding securities)
59 All other loans
60 Loans to foreign governments and official institutions
61 Other loans
62
Loans for purchasing and carrying securities
63
All other loans
64
65
66
67
68
69
70
71
72

Lease financing receivables
Assets held in trading accounts
Premises and fixed assets (including capitalized leases)
Other real estate owned
Investments in unconsolidated subsidiaries and associated companies
Customers' liability on acceptances, outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs.
Intangible assets
Other assets.

75 Limited-life preferred stock
76 Total deposits.,
77 Individuals, partnerships, and corporations
78 U.S. government
79 States and political subdivisions in the United States.
80 Commercial banks in the United States
81 Other depository institutions in the United States —
82 Banks in foreign countries
83 Foreign governments and official institutions
84 Certified 10 official checks
and
85 All other
86 Total transaction accounts.
87 Individuals, partnerships, and corporations .
U.S.
88 "- government.
89 States and political subdivisions in the United States.
90 Commercial banks in the United States
91 Other depository institutions in the United States
92 Banks in foreign countries
93 Foreign governments and official institutions
94 Certified and official checks
95 All other.
96 Demand deposits (included in total transaction accounts).
97 Individuals, partnerships, and corporations .
U.S.
98 " " government.
99 States and political subdivisions in the United States.
100 Commercial banks in the United States
Other depository institutions in the United States
101
102 Banks in foreign countries
103 Foreign governments and official institutions
104 Certified and official checks
105 All other.
106 Total nontransuction accounts.
107 Individuals, partnerships, and corporations .
108 U.S. government .
109 States and political subdivisions in the United States
110 Commercial banks in the United States
111
U.S. branches and agencies of foreign banks
112
Other commercial banks in the United States
113 Other depository institutions in the United States
114 Banks in foreign countries
115
Foreign branches of other U.S. banks
116
Other banks in foreign countries
117 Foreign governments and official institutions
118 All other
119 Federal funds purchased and securities sold under agreements to repurchase.
120 Federal funds purchased
121 Securities sold under agreements to repurchase
122 Demand notes issued to the U.S. Treasury
123 Other borrowed money
124 Banks liability on acceptances executed and outstanding
125 Notes and debentures subordinated to deposits
126 Net due to own foreign offices, Edge and Agreement subsidiaries, and
IBF's
127 All other liabilities 6
128 Total equity capital




Over 100 Under 100

241,546
145,181
96,365

186,144
117,234
68,909

378
n.a.
n.a.

185,766
n.a.
n.a.

52,239
26,616
25,623

12
353,293
321,788
636
25,157
1,985
1,239
n.a.
n.a.
2,444
45
94,920
84,055
463
6,835
758
348
n.a.
n.a.
2,444
17
51,099
44,782
449
2,312
756
341
n.a.
n.a.
2,444
16
258,373
237,733
173
18,322
1,228
n.a.
n.a.
890
n.a.
n.a.
n.a.
n.a.
27
3,163
1,331
1,832

115,536
33,018
17,108

81,669
32,551
14,725

34,118
6,648
n.a.

47,551
25,903
n.a.

32,230
436
2,211

1,636
30
172

n.a.
72,918
186,980

n.a.
57,121
89,292

n.a.
n.a.
n.a.

14,617
n.a.
n.a.

n.a.
11,733
62,855

n.a.
4,064
34,833

t

t

n.a.

I

20,392

26,807
12,220

t
I
25,080
n.a.

580
119,946

195

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report; af condition, Q2
Banks with foreign offices8

Item
Total

Banks with domestic
offices only9

Total

Foreign

Domestic

S.218

1,297

921
38,166
30,361
5,698
846

968
35,618
11,760
7,100
3,887

n,,a.
16,393
1,326
1,142
845

4,852

3,213

297

181,083
80,296
160,116
169,336
27,290
68,802
688,989

126,768
74,396
202
104,021
4,212
72,227
585,519

49,863
34,049
131,361
41,619
1,480
42,262
302,194

^1,254

549,798

206,431

32,359

16,465

n.a.

72,125

73,857

43,540

178,933
78,195
166,558
186,709

MEMO
129 Holdings of commercial paper included in total loans, gross
130 Total individual retirement accounts (IRA) and Keogh plan accounts
131 Total brokered deposits
132 Total brokered retail deposits
133 Issued in denominations of $100,000 or less
134 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100,000 or less

126,897
73,518
102,463
203,900

49,982
33,433
41,261
131,617

2,429

10,693

Savings deposits
135 Money market deposit accounts (MMDAs)
136 Other savings deposits
137 Total time deposits of less than $100,000
138 Time certificates of deposit of $100,000 or more
139 Open-account time deposits of $100,000 or more
140 All NOW accounts (including "Super NOW*' accounts).
141 Total time and savings deposits
Quarterly averages
142 Total loans
143 Obligations (other than securities) of states and political subdivisions in the
United States
144 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
145
146
147
148

Nontransaction accounts
Money market deposit accounts (MMDAs)
Other savings deposits
Time certificates of deposit of $100,000 or more .
All other time deposits

149 Number of banks .

196



13,374

252

Over KM) Under 100

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Q3
Banks with foreign offices8

Item
Total

Banks with domestic
offices only9

Total
1 Total assets2
2 Cash and balances due from depository institutions
3 Cash items in process of collection unposted debits and currency .
4 Cash items in process of collection ancf unposted debits and coin ...
...
5 Currency and coin
6 Balances due from depository institutions in the United States
7 Balances due from banks in foreign countries and foreign central banks ....
8 Balances due from Federal Reserve Banks
MEMO
9 Noninterest-bearmg balances due from commercial banks in the United States
(included in balances due from depository institutions in the U S )
10 Total securities, loans and lease financing receivables, net
11 Total securities, book value
12 U.S. Treasury securities and U.S. government agency and corporation
obligations
13
U S Treasury securities
14
U S government agency and corporation obligations
15
All holdings of U.S. government-issued or guaranteed certificates of
participation in pools of residential mortgages .
...
16
All other
17 Securities issued by states and political subdivisions in the United States . . .
18
Taxable securities
19
Tax-exempt securities
20 Other securities
21
Other domestic securities
22
All holdings of private certificates of participation in pools of
residential mortgages
23
All other
. .
.
24
Foreign securities
25
26
27
28
29
30
31
32
33

Federal funds sold and securities purchased under agreements to resell
Federal funds sold
Securities purchased under agreements to resell
Total loans and (ease financing receivables gross
LESS: Unearned income on loans
Total loans and leases (net of unearned income)
LESS: Allowance for loan and lease losses
LESS* Allocated transfer risk reserves
. .
....
EQUALS: Total loans and leases, net

Total loans, gross, by category
34 Loans secured by real estate
....
35 Construction and land development
36 Farmland
.
...
37 1=4 family residential properties
38
Revolving, open-end loans secured by 1-4 family residential properties
and extended under lines of credit
39
All other lonns secured by 1 4 family residential properties
40 Multifamily (1 or more) residential properties
. .
41 Nonfarm noni esidential properties
42 Loans to depository institutions .
43 To commercial banks in the United States
44 To other depository institutions in the United States
45 To banks in foreign countries
46
47
48
49
50
51
52
53

Loans to finance agricultural production and other loans to farmers . . .
Commercial and industrial loans
To U.S. addressees (domicile)
To non-U.S. addressees (domicile)
Acceptances of other banks
U.S. banks.
Foreign banks
Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
54 Credit cards and related plans
55 Other (includes single payment and installment)




Foreign

Domestic

3,078,975

1,784,873

432,719

1,406,286

895,016

399,085

341,133

241,207
81,097
n.a.
n.a.
36,555
100,621
22,934

123,050
1,757
n.a.
n.a.
23,779
97,235
278

118,157
79,339
68,309
11,030
12,776
3,386
22,656

67,484
28,227
20,795
7,432
21,624
6,072
11,561

32,443

7,990

13,082

10,354

n.a.

Over 100 Under 100

n.a.

\

i

n.a.

2,509,600

1,370,346

789,996

349,258

526,964

222,892

28,106

194,786

186,857

117,216

324,255
n.a.
n.a.

117,692
61,780
55,912

1,600
1,028
571

116,092
60,752
55,341

121,073
66,301
54,771

85,491
n.a.
n.a.

82,493
n.a.
109,828
2,129
107,699
92,881
n.a.

44,952
10,960
48,210
431
47,779
56,990
32,071

523
48
609
47
562
25,898
1,997

44,428
10,912
47,601
384
47,217
31,093
30,075

22,844
31,928
40,302
731
39,571
25,482
25,093

14,698
n.a.
21,317
968
20,349
10,409

4,068
63,505
n.a.

1,693
30,378
24,919

0
1,997
23,901

1,693
28,381
1,018

1,670
23,423
389

705
9,704

138,045
110,924
27,121
1,909,340
15,674
1,893,665
48,928
148
1,844,590

77,589
55,907
21,682
1,113,373
7,157
1,106,216
36,205
147
1,069,864

814
n.a.
n.a.
214,310
2,259
212,051
n.a.
n.a.
n.a.

76,776
n.a.
n.a.
899,063
4,899
894,165
n.a.
n.a.
n.a.

39,013
34,028
4,986
579,552
6,153
573,400
9,273
1
564,126

21,442
20,990
453
216,414
2,364
214,050
3,450
0
210,600

655,811

318,707

21,200

297,507
84,618
1,875
121,384

235,549
34,724
4,245
114,842

101,554
7,814
9,239
56,052

14,914
99,928
6,294
75,445
5,393
4,653
620
120

2,373
53,678
1,941
26,509
718
n.a.
n.a.
n.a.

n.a.
n.a.

n.a.

n.a.

n.a.

n.a.

59,911
n.a.
n.a.
n.a.

53,799
21,761
2,944
29,094

25,585
867
468
24,251

20,293
101,091
9,510
80,120
28,214
20,894
2,476
4,843

31,028
592,720
n.a.
n.a.
4,101
n.a.
n.a.

5,556
414,084
329,663
84,421
911
271
640

264
102,631
20,902
81,729
370
6
364

5,292
311,453
308,762
2,692
540
265
275

6,909
133,912
133,605
306
1,718
n.a.
n.a.

18,563
44,725
n.a.
n.a.
1,472
n.a.
n.a.

364,004
107,593
256,411

154,857
43,926
110,930

11,439
n.a.
n.a.

143,417
n.a.
n.a.

164,766
60,821
103,945

44,382
2,846
41,536

1

1

197

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Q3
Banks with foreign of ices8

Item
Total

Total

Banks with domestic
offices only *

Foreign

Domestic
29,282
467
28,815
59,732
2,316
57,416
14,128
43,288

16,112
493
15,620
10,260
264
9,996
1,666
8,329

2,179
91
2,088
2,213
n.a.
n.a.
n.a.
n.a.

4,934
741
14,269
3,815
731
397
n.a.
1,53?
16,045

609
279
6,959
2,699
' 56
22
n.u.
193
7,178

Over 100 Under 100

48,148
1,195
46,953
120,431
n.a.
n.a.
n.a.
n.a.

29,857
611
29,245
107,958
35,374
72,584
n.a.
n.a.

575
145
430
4,2
826
33,058
15,168
n.a.
n.a.

33,186
41,951
45,160
12,807
2,333
33,328
n.a.
5,109
87,552

27,644
40,930
23,933
6,292
1,546
32,909
n.a.
3,380
64,330

4,018
19,128

23,626
21,802
n.a.
n.a.
n.a.
n.a.
37,685
n.a.
n.a.

73 Total liabilities, limited-life preferred stock and equity capital.

3,078,975

1,784,873

n.a.

895,016

399,085

74 Totalliabilities 4

2,886,560

1,691,479

430,451

1,315,159

831,351

363,730

92
2,362,061

0
1,287,042

n.a.
328,362
189,138

n.a.

n.a.

n.a.
958,680
B63,561
2,247
40,357
28,494
4,271
7,891
1,348
10,511

80
722,119
661,170
1,474
41,608
9,210
2,478
335
289
5,554

316,893
265,722
1,376
8,621
19,508
3,442
6,934
780
10,511

205,096
180,443
1,113
9,942
6,429
1,386
215
14
5,554

2447
4,8
195,511
1,352
6,451
19,508
3,442
6,934
780
10,511

130,796
111,074
1,091
5,044
6,425
1,378
215
14
5,554

13
352,900
322,881
592
23,991
1,922
1,107
n.a.
n.a.
2,367
40
94,218
83,849
454
6,362
862
310
n.a.
n.a.
2,367
15
50,875
44,659
441
2,233
860

1641,787
597,839
871
31,737
8,987
432
8,555
829
957
232
724
568

517,022
480,727
362
31,666
2,780
79
2,701
1,092
120
118
1
276

56 Obligations (other than securities) of states and political subdivisions in the U.S.
57 Nonrated industrial development obligations
58 Other obligations (excluding securities)
59 All other loans
60 Loans to foreign governments and official institutions
61 Other loans
62
Loans for purchasing and carrying securities
63
All other loans
64
65
66
67
68
69
70
71
72

Lease financing receivables
Assets held in trading accounts
Premises and fixed assets (including capitalized leases)
Other real estate owned
Investments in unconsolidated subsidiaries and associated companies
Customers' liability on acceptances, outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs..
Intangible assets
Other assets

75 Limited-life preferred stock
...........................
76 Total deposits
............................................
77 Individuals, partnerships, and corporations
...........
78 U.S. government
......................................
79 States and political subdivisions in the United States .
80 Commercial banks in the United States
...............
81 Other depository institutions in the United States —
82 Banks in foreign countries
.............................
83 Foreign governments and official institutions ..........
84 Certified 10 official checks
and
...........................
85 Allother
86 Total transaction accounts
87 Individuals, partnerships, and corporations
88 U.S. government
89 States and political subdivisions in the United States
90 Commercial banks in the United States
91 Other depository institutions in the United States
92 Banks in foreign countries
93 Foreign governments and official institutions
94 Certified and official checks
95 Allother
96 Demand deposits (included in total transaction accounts)
97 Individuals, partnerships, and corporations
98 U.S. government
99 States and political subdivisions in the United States
100 Commercial banks in the United States
101 Other depository institutions in the United States
102 Banks in foreign countries
103 Foreign governments and official institutions
104 Certified and official checks
105 Allother
106 Total nontransaction accounts
107 Individuals, partnerships, and corporations
108 U.S. government
109 States and political subdivisions in the United States
110 Commercial banks in the United States
111
U.S. branches and agencies of foreign banks
112
Other commercial banks in the United States
113 Other depository institutions in the United States
114 Banks in foreign countries
115
Foreign branches of other U.S. banks
116
Other banks in foreign countries
117 Foreign governments and official institutions
118 Allother
119 Federal funds purchased and securities sold under agreements to repurchase
120 Federal funds purchased
121 Securities sold under agreements to repurchase
122 Demand notes issued to the U.S. Treasury
123 Other borrowed money
124 Banks liability on acceptances executed and outstanding
125 Notes and debentures subordinated to deposits
126 Net due to own foreign offices, Edge and Agreement subsidiaries., and
IBF's
127 All other liabilities 6
128 Total equity capital

198



t

t

I
18,995

25,718
11,074

t

24,370
563
114,292

,

304

248,330
150,837
97,493
n.a.
120,439
33,449
17,098

188,453
122,321
66,132
n.a.
85,690
33,030
14,706

831
n.a.
n.a.
n.a.
37,903
6,548
n.a.

137,621
n.a.
n.a.
25,565
47,787
26,481
n.a.

56,138
27,012
29,126
4,998
32,895
397
2,087

n.a.
n.a.
2,367
12
258,682
239,033
139
17,629
1,060
n.a,
n.a.
797
n.a.,
n.a.
n.a.
n.a.
25
3,739
1,504
2,236
648
1,854
22
305

n.a.
73,973
192,323

n.a.
56,993
93,395

n.a.
n.a.
n.a.

16,447
n.a.
n.a.

n.a.
12,718
63,585

n.a.
4,262
35,343

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Q3
Banks with foreign offices8

Item
Total

Banks with domestic
offices only9

Total

Savings deposits
135 Money market deposit accounts (MMDAs)
136 Other savinps deposits
137 Total time deposits of less than $100 000
138 Time certificates of deposit of $100 000 or more
..
139 Open-account time deposits of $100,000 or more
1
140 All NOW accounts (including "Super NOW* accounts)
141 Total time and savings deposits

Domestic

1,C)05
I

1,386
39,740
33,878
7,534
1,027

1,057
36,545
13,226
7,954
4,282

n.a.
16,450
1,340
1,165
866

6,507

3,672

299

176,864
80,656
172,612
182,550
29,105
70,491
714,193

123,567
73,916
208
108,000
3,907
72,012
591,323

48,457
33,618
133,071
41,983
1,553
41,835
302,025

866,171

561,303

209,942

29,890

15,948

n.a.

73,799

n.a.

Foreign

2,:191
,

MEMO
129 Holdings of commercial paper included in total loans, gross
130 Total individual retirement accounts (IRA) and Keogh plan accounts
131 Total brokered deposits
132 Total brokered retail deposits
133 Issued in denominations of $100 000 or less
134 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100 000 or less

74,020

43,247

179,351
80,676
175,058
194,099

125,485
74,576
103,825
207,993

49,115
33,534
41,028
133,096

2,384

10,572

n. a.

n. a.

Quarterly averages
142 Total loans
143 Obligations (other than securities) of states and political subdivisions in the
United States
144 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
145
146
147
148

Nontrans action accounts
Money market deposit accounts (MMDAs)
Other savings deposits
Time certificates of deposit of $100,000 or more
All other time deposits

149 Number of banks




i
13, 206

i
2 50

P

n.a.

Over 100 Under 100

199

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Q4
Banks with foreign 03ices8

Item
Total

Banks with domestic
offices only0

Total
1 Total assets2

.

.

2 Cash and balances due from depository institutions
3 Cash items in process of collection, unposted debits, and currency
4 Cash items in process of collection ana unposted debits and coin
5 Currency and coin
6 Balances due from depository institutions in the United States
7 Balances due from banks in foreign countries and foreign central banks
8 Balances due from Federal Reserve Banks

Foreign

Domestic

3,114,672

1,791,142

420,638

11,431,591

916,540

406,858

352,410

246,374
89,282
n.a.
n.a.
35,373
97,944
23,775

118,918
1,325
n.a.
n.a.
23,030
94,361
203

127,456
87,958
73,515
14,443
12,342
3,583
23,572

71,820
32,652
23,482
9,170
21,862
5,021
12,285

34,208

8,078

13,809

11,440

n.a.

MEMO
9 Noninterest-bearing balances due from commercial banks in the United States
(included in balances due from depository institutions in the U S )
10 Total securities, loans and lease financing receivables, net
11 Total securities, book value
12 U.S. Treasury securities and U.S. government agency and corporation
obligations
13
U.S. Treasury securities
14
U S government agency and corporation obligations
15
All holdings of U.S. government-issued or guaranteed certificates of
participation in pools of residential mortgages
16
All other
17 Securities issued by states and political subdivisions in the United States . . .
18
Taxable securities
19
Tax-exempt securities
20 Other securities
21
Other domestic securities
.
22
All holdings of private certificates of participation in pools of
residential mortgages
23
All other
24
Foreign securities
25
26
27
28
29
30
31
32
33

Federal funds sold and securities purchased under agreements to resell
Federal funds sold
Securities purchased under agreements to resell
Total loans and lease financing receivables, gross
LESS: Unearned income on loans
Total loans and leases (net of unearned income)
LESS: Allowance for loan and lease losses
LESS: Allocated transfer risk reserves
EQUALS: Total loans and leases, net

Total loans, gross, by category
34 Loans secured by real estate
35 Construction and land development
36 Farmland
37 1—4 family residential properties
38
Revolving, open-end loans secured by 1-4 family residential properties
and extended under lines of credit
39
All other loans secured by 1-4 family residential properties
40 Multiftimily (5 or more) residential properties
41 Nonfarm nonresidential properties
42 Loans to depository institutions
43 To commercial banks in the United States
44 To other depository institutions in the United States
45 To banks in foreign countries
46
47
48
49
50
51
52
53

Loans to finance agricultural production and other loans to farmers
Commercial and industrial loans
To U S addressees (domicile)
To non-U.S. addressees (domicile)
Acceptances of other banks
U.S. banks.
Foreign banks
Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
54 Credit cards and related plans
55 Other (includes single payment and installment)

200



n.a.

n.a.
n.a.

Over 100 [ Under 100

n.a.

1

2,536,951

1,375,045

806,197

355,596

533,333

224,016

29,487

194,529

189,697

119,605

332,287
n.a.
n.a.

118,284
57,931
60,352

2,005
884
1,121

116,279
57,047
59,231

125,489
67,300
58,189

88,514
n,a.
n a.

87,701
n.a.
105,682
2,083
103,599
95,348
n.a.

48,064
12,288
46,371
395
45,976
59,361
33,615

1,080
41
518
47
471
26,964
2,424

46,984
12,247
45,853
348
45,505
32,397
31,191

24,217
33,972
38,683
689
37,994
25,525
25,121

15,409
n.a.
20,623
1,000
19,628
10,462

4,197
65,002
n.a.

1,930
31,685
25,746

0
2,424
24,540

1,930
29,261
1,206

1,607
23,514
404

660
9,803

126,845
102,021
24,820
1,938,544
15,345
1,923,297
46,315
209
1,876,773

66,380
47,278
19,102
1,125,351
7,009
1,118,342
33,492
201
1,084,649

604
n.a.
n.a.
210,689
2,107
208,581
n.a.
n.a.
n.a.

65,776
n.a.
n.a.
914,663
4,902
909,761
n.a.
n.a.
n.a.

37,166
32,008
5,158
594,743
6,015
588,728
9,393
1
579,334

23,298
22,738
560
218,449
2,320
216,129
3,429
8
212,692

674,602

328,857

22,128

306,730
85,799
1,895
125,575

242,601
35,356
4,275
118,180

103,101
7,918
9,282
56,950

15,693
102,487
6,492
78,299
6,009
5,307
614
88

2,539
54,4111
2,011
26,940
770
n.a.
n.a.
n.a.

n.a.

n.a.

n.a.

n.a.

58,416
n.a.
n.a.
n.a.

51,637
22,280
2,777
26,580

24,194
988
467
22,740

21,603
103,972
9,694
83,767
27,443
21,293
2,311
3,840

30,101
596,508
n.a.
n.a.
5,012
n.a.
n.a.

5,748
415,851
333,000
82,851
819
230
589

277
99,351
19,160
80,192
376
34
341

5,471
516,499
313,840
2,659
443
196
247

6,669
135,342
135,047
294
2,074
n.a.
n.a.

17,683
45,315
n.a.
n.a.
2,119
n.a.
n.a.

374,120
116,522
257,583

158,510
46,666
111,844

12,126
n.a.
n.a.

146,384
n.a.
n.a.

171,094
66,636
104,458

44,515
3,219
41,296

1

1

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Q4
Banks with foreign offices8

Item
Total

Total

Banks with domestic
offices only9

Foreign

Domestic

56 Obligations (other than securities) of states and political subdivisions in the U.S.
57 Nonrated industrial development obligations
58 Other obligations (excluding securities)
59 All other loans
60 Loans to foreign governments and official institutions
61 Other loans
62
Loans for purchasing and carrying securities
63
All other loans

44,951
1,265
43,686
120,538
n.a.
n.a.
n.a.
n.a.

27,495
669
26,826
107,741
35,148
72,594
n.a.

340
21
319
47,859
33,398
14,461
n.a.
n.a.

27,155
648
26,508
59,882
1,749
58,133
14,158
43,975

15,370
501
14,869
10,544
255
10,289
1,601
8,688

2,085
95
1,990
2,252
n.a.
n.a.
n.a.
n.a.

64
65
66
67
68
69
70
71
72

34,340
35,463
45,468
11,218
2,774
33,040
n.a.
'5,079
92,270

28,692
34,602
24,014
4,749
2,087
32,602
n.a.
3,108
68,562

4,038
16,465

24,654
18,137
n.a.
n.a.
n.a.
n.a.
44,833
n.a.
n.a.

5,039
661
14,416
3,827
642
410
n.a.
1,752
16,815

608
200
7,035
2,642
45
28
n.a.
219
6,885

3,114,672

1,791,142

n.a.

916,540

406,858

29878
,1,6

1,694,771

420,625

1,335,232

852,249

371,625

84
2,418,263

0
1,314,877

n.a.
315,079
184,858

n.a.
999,798
900,909
2,949
41,273
28,781
5,182
8,163
1,713
10,829

83
742,052
679,608
1,933
41,675
9,482
2,401
440
289
6,223

340,447
285,659
2,017
9,602
19,708
3,873
7,528
1,232
10,829

217,124
190,375
1,589
10,902
6,430
1,356
233
16
6,223

262,599
210,099
1,988
7,343
19,707
3,873
7,527
1,231
10,829

138,954
117,571
1,568
5,566
6,429
1,348
232
15
6,223

659,351
615,250
932
31,671
9,073
686
8,387
1,308
635
4
631
482

524,928
489,233
344
30,773
3,052
167
2,886
1,044
207
206
1
274

172,451
n.a.
n.a.
20,000
48,624
26,798
n.a.

57,232
28,459
28,773
4,323
33,179
410
2,031

2
361,334
329,939
725
24,836
1,864
1,060
n.a.
n.a.
2,859
51
99,901
88,420
597
679
,8
883
337
n.a.
n.a.
2,859
17
54,711
47,770
581
2,275
881
330
n.a.
n.a.
2,859
16
261,433
241,519
128
18,047
981
n.a.
n.a.
724
n.a.
n.a.
n.a.
n.a.
34
3,413
1,475
1,939
454
1,755
28
315

16,254
n.a.
n.a.

n.a.
13,021
64,208

n.a.
4,325
35,232

Lease financing receivables
Assets held in trading accounts
Premises and fixed assets (including capitalized leases)
Other real estate owned
Investments in unconsolidated subsidiaries and associated companies
Customers* liability on acceptances, outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs..
Intangible assets
Other assets...

73 Total liabilities, limited-life preferred stock and equity capital.
74 Totalliabilities

4

75 Limited-life preferred stock
76 Total deposits „
77 Individuals, partnerships, and corporations
78 U.S. government
79 States and political subdivisions in the United States.
80 Commercial banks in the United States
81 Other depository institutions in the United States ....
82 Banks in foreign countries
83 Foreign governments and official institutions
84 Certified and official checks
85 All other 10 .,
86 Total transaction accounts
87 Individuals, partnerships, and corporations .
U.S.
88 " " government.
89 States and political subdivisions in the United States.
90 Commercial banks in the United States
91 Other depository institutions in the United States
92 Banks in foreign countries
93 Foreign governments and official institutions
94 Certified and official checks
95 All other.
96 Demand deposits (included in total transaction accounts).
97 Individuals, partnerships, and corporations .
U.S. government.
99 States and political subdivisions in the United States.
100 Commercial banks in the United States
Other depository institutions in the United States
101
102 Banks in foreign countries
103 Foreign governments and official institutions
104 Certified and official checks
105 All other
106 Total nontransaction accounts
107 Individuals, partnerships, and corporations .
108 U.S. government
109 States and political subdivisions in the United States
110 Commercial banks in the United States
111
U.S. branches and agencies of foreign banks
112
Other commercial banks in the United States
113 Other depository institutions in the United States
114 Banks in foreign countries
115
Foreign branches of other U.S. banks
116
Other banks in foreign countries
117 Foreign governments and official institutions
118 All other
119 Federal funds purchased and securities sold under agreements to repurchase
120 Federal funds purchased
121 Securities sold under agreements to repurchase
122 Demand notes issued to the U.S. Treasury
123 Other borrowed money
124 Banks liability on acceptances executed and outstanding
125 Notes and debentures subordinated to deposits
126 Net due to own foreign offices, Edge and Agreement subsidiaries, and
IBF's....
127 All other liabilities 6
128 Total equity capital




t

20,425
n.a.

f

23,892
11,343

233,521
144,851
88,686
n.a.
118,055
33,184
17,226

172,875
114,903
57,972
n.a.
83,121
32,745
14,879

n.a.
73,621
195,819

n.a.
56,273
96,371

t

n.a.
22,178
514
107,529

424
n.a.
n.a.
n.a.
34,497
5,947
n.a.

Over 100 Under 100

201

73. Insured commercial bank assets and liabilities, 19881—Continued
B. Domestic and foreign offices—Continued
Millions of dollars
Consolidated report of condition, Q4
Banks with foreign C»:5icesB

Item
Total

Banks with domestic
offices only9

Total

Savings deposits
135 Money market deposit accounts (MMDAs)
136 Other savings deposits
137 Total time deposits of less than $100,000
138 Time certificates of deposit of $100,000 or more
139 Open-account time deposits of $100,000 or more
140 All NOW accounts (including "Super NOW" accounts)
141 Total time and savings deposits

.

Domestic

8'31

734
41,105
37,889
9,379
1,634

1,339
37,240
13,951
8,760
4,813

n.a.
16,736
1,345
1,205
888

7,745

3,946

3117

178,372
81,512
181,085
189,271
29,110
76,107
737,199

122,502
73,749
216
108,760
3,862
75,841
603,098

47,764
33,132
135,938
42,963
1,637
43,595
306,623

878,719

572,534

211,925

28,914

15,348

n.a.

75,275

n.a.

Foreign

U 66

MEMO
129 Holdings of commercial paper included in total loans, gross
130 Total individual retirement accounts (IRA) and Keogh plan accounts ........
131 Total brokered deposits
132 Total brokered retail deposits
133 Issued in denominations of $100,000 or less
134 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100,000 or less

74,870

43,873

178,522
81,652
182,516
207,166

123,306
74,270
106,784
216,038

48,025
33,113
41,770
135,828

2,357

10,471

n.a.

Quarterly averages
142 Total loans
143 Obligations (other than securities) of states and political subdivisions in the
United States
144 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
1,45
146
147
148

Nontransaction accounts
Money market deposit accounts (MMDAs)
Other savings deposits
Time certificates of deposit of $100,000 or more
All other time deposits

149 Number of banks

202



i
13, 379

i
251

n.a.

n.a.

Over 100 ] Under 100

73. Insured commercial bank assets and liabilities, 19881—Continued
C. Domestic offices with assets of $100 million or more or with foreign offices
Millions of dollars
Consolidated report of condition, Ql
Item

Members
Total

National

State

Nonmembers

1,783,673

1,409,552

374,122

435,355

110,103
53,037
13,245
19,420
4,353
20,048

30,552
15,073
2,689
3,959
1,037
7,794

28,920
6,664
3,345
11,302
1,855
5,754

Total
1 Total assets2

2,219,028
169,575
74,774
19,279
34,682
7,245
33,595

2 Cash and balances due from depository institutions
3 Cash items in process of collection and unposted debits
4 Currency and coin
5 Balances due from depository institutions in the United States
6 Balances due from banks in foreign countries and foreign central banks
7 Balances due from Federal Reserve Banks

140,655
68,110 '
15,934
23,379
5,390 ,
27,842"

1,898,548

1,511,508

1,208,317

303,192

387,040

9 Total securities book value
10 U.S. Treasury securities
11 U S government agency and corporation obligations
12
All holdings of U.S. government-issued or guaranteed certificates of
participation in pools of residential mortgages
13
All other
14 Securities issued by states and political subdivisions in the United States
15
Taxable securities
16
Tax-exempt securities
17 Other domestic securities .
18
All holdings of private certificates of participation in pools of residential mortgages .
19
All other . . .
20 Foreign securities

373,798
128,441
99,724

281,735
98,554
76,172

219,316
78,582
60,777

62,419
19,973
15,395

92,063
29,887
23,552

61,616
38,108
92,341
1,053
91,288
51,053
3,327
47,726
2,239

51,966
24,206
72,561
757
71,804
32,459
2,468
29,991
1,989 •

40,976
19,801
53,294
623
52,671
25,947
1,273
24,674
716

10,990
4,404
19,267
134
19,133
6,511
1,195
5,317
1,273

9,650
13,902
19,780
296
19,485
18,594
860
17,735
250

21 Federal funds sold and securities purchased under agreements to resell
22 Federal funds sold
23 Securities purchased under agreements to resell

118,107
42,833
4,879

98,356
27,602
3,967

72,702
24,844
3,543

25,655
2,758
425

19,750
15,230
911

1,417,010
10,367
1,406,643

1,139,390
7,973
1,131,417

922,497
6,199
916,299

216,893
1,775
215,118

277,620
2,393
275,227

495,412
113,488
5,741
213,518

375,951
92,770
3,917
156,235

319,680
76,812
3,447
133,405

56,271
15,958
470
22,829

119,461
20,718
1,825
57,284

29,624
183,895
15,808
146,856
28,559
4,127
4,025
11,263

22,951
133,283
12,344
110,686
25,147
3,855
3,932
9,022

19,693
113,713
10,884
95,132
20,007
3,114
2,502
7,981

3,259
19,570
1,460
15,555
5,140
742
1,430
1,041

6,672
50,611
3,464
36,170
3,412
271
93
2,241

438,381
434,961
3,420

363,101
359,945
3,156

285,372
282,748
2,624

77,729
77,197
532

75,279
75,016
264

1,978
735
430

1,370
571
339

1,229
523
300

141
48
39

608
165
91

291,083
2,384

231,426
2,161

190,923
1,525

40,503
636

59,658
224

48,071
853
47,218
65,538
17,974
47,563

40,458
551
39,907
59,811
16,873
42,938

30,090
456
29,635
41,521
10,579
30,942

10,368
96
10,272
18,291
6,294
11,996

7,612
301
7,311
5,726
1,102
4,625

26,189
25,480
46,011
125,425

23,155
24,355
42,087
107,155

18,554
17,150
31,519
73,982

4,601
7,205
10,568
33,173

3,034
1,125
3,924
18,270

57 Total liabilities and equity capital

2,219,028

1,783,673

1,409,552

374,122

435,355

4

58 Total liabilities ,

2,071,325

1,668,387

1,319,885

348,502

402,937

59 Total deposits . .
...
60 Individuals partnerships and corporations
61 U S government
62 States and political subdivisions in the United States
63 Commercial banks in the United States
64 Other depository institutions in the United States
65 Banks in foreign countries
66 Foreign governments and official institutions
67 Certified and official checks

1,619,645
1,462,939
3,677
80,487
41,547
6,465
7,888
1,725
14,917

1,264,783
1,137,471
2,985
61,184
37,090
5,232
7,154
1,526
12,141

1,017,034
917,858
2,636
51,642
27,610
4,034
3,879
804
8,572

247,748
219,613
349
9,542
9,480
1,198
3,276
721
3,570

354,862
325,469
692
19,302
4,456
1,234
734
200
2,776

8 Total securities, loans and lease financing receivables, (net of unearned income)

24 Total loans and lease financing receivables, gross
25 LESS: Unearned income on loans
26 Total loans and leases (net of unearned income)
Total loans, gross, by category
27 Loans secured by real estate
.
. .
28 Construction and land development
29 Farmland
30 1-4 family residential properties
31 Revolving, open-end loans secured by 1-4 family residential properties and
extended under lines of credit . .
...
.
32 All other loans secured by 1 4 family residential properties
33 Multifamily (5 or more) residential properties
34 Nonfarm nonresidential properties
35 Loans to commercial banks in the United States
....
36 Loans to other depository institutions in the United States
37 Loans to banks in foreign countries
38 Loans to finance agricultural production and other loans to farmers
39 Commercial and industrial loans
40 To U.S. addressees (domicile)
41 To non-U S addressees (domicile)
42 Acceptances of other banks**
43 Of U.S. banks
44 Of foreign banks .
.
. .
..
. . .
.
45 Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
46 Loans to foreign governments and official institutions
47 Obligations (other than securities) of states and political subdivisions in the United
States
48 Nonrated industrial development obligations
49 Other obligations (excluding securities)
SO Other loans
51 Loans for purchasing and carrying securities
52 All other loans
53
54
55
56

Lease financing receivables
Customers* liability on acceptances outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs
Remaining assets




.

....

203

73. Insured commercial bank assets and liabilities, 19881—Continued
C. Domestic offices with assets of $100 million or more or with foreign offices
Millions of dollars
Consolidated report of condition, Ql
Members

Item
Total

National

State

Nonmembeirs

509,649
434,537
2,335
17,440
27,743
4,746
6,934
997
14,917

415,409
349,016
1,883
14,156
26,471
4,149
6,708
885
12,141

325,579
277,314
],.582
11,512
19,446
3,062
3,597
495
8,572

89,830
71,703
301
2,644
7,025
1,087
3,110
390
3,570

94,239
85,520
452
3,284
1,272
597
226
1U
2,776

365,161
296,425
2,303
11,113
27,738
4,736
6,934
995
14,917

304,364
242,786
1,856
9,374
26,470
4,144
6,707
885
12,141

232,!B5
188,204
1,558
7,608
19;<J45
34056
3,397
<*95
8,572

71,829
54,583
298
1,766
7,025
1,087
3,110
390
3,570

60,797
53,639
447
1,738
1,268
592
226
110
2,776

1,109,996
1,028,403
1,341
63,047
13,804
835
12,969
1,719
954
203
751
728

849,373
788,454
1,101
47,028
10,620
193
10,427
1,083
447
13
434
640

69M-55
640,144
1,054
40J30
8J65
142
8,C23
972
281
3
279
309

157,918
147,910
48
6,898
2,455
51
2,404
111
165
10
155
331

260,623
239,948
240
16,018
3,184
643
2,342
<>37
507
190
317
88

98 Federal funds purchased and securities sold under agreements to repurchase5 . .
99 Federal funds purchased
100 Securities sold under agreements to repurchase
101 Demand notes issued to the U.S. Treasury
102 Other borrowed money
103 Banks liability on acceptances executed and outstanding
104 Notes and debentures subordinated to deposits
105 Net due to own foreign offices, Edge and Agreement subsidiaries, and IBFs
106 Remaining liabilities

248,925
28,167
22,804
20,238
77,571
26,240
2,676
14,614
76,029

226,388
21,338
14,914
18,698
64,271
25,115
1,474
12,908
67,658

174.805
18,258
12,157
13,512
50,199
17,874
1,339
9,559
45,122

51,583
3,081
2,757
5,186
14,073
7,241
135
3,339
22,536

22,537
6,829
7,890
1,539
13,300
1,125
1,203
1,706
8,371

107 Total equity capital6

147,704

115,286

89,657

25,620

32,417

1,732
70,548
36,937
10,708
3,988

1,000
54,684
28,414
6,694
1,484

45,135
23,338
5,766
1,3:51

&«

115
9,549
5,026
928
133

732
15,865
8,523
4,014
2,504

Total
68 Total transaction accounts
69 Individuals partnerships and corporations
70 U.S. government
71 States and political subdivisions in the United States
72 Commercial banks in the United States
73 Other depository institutions in the United States
74 Banks in foreign countries
75 Foreign governments and official institutions
76 Certified and official checks

. .

77 Demand deposits (included in total transaction accounts)
78 Individuals, partnerships and corporations
79 U.S. government
80 States and political subdivisions in the United States
81 Commercial banks in the United States
82 Other depository institutions in the United States
83 Banks in foreign countries
84 Foreign governments and official institutions
85 Certified and official checks
86 Total nontransaction accounts
87 Individuals, partnerships, and corporations
88 U.S. government
89 States and political subdivisions in the United States
90 Commercial banks in the United States
91
U.S. branches and agencies of foreign banks
92
Other commercial banks in the United States
93 Other depository institutions in the United States
94 Banks in foreign countries
95
Foreign branches of other U.S. banks
96
Other banks in foreign countries
97 Foreign governments and official institutions

MEMO
108 Holdings of commercial paper included in total loans gross
109 Total individual retirement accounts (IRA) and Keogh plan accounts.
110 Total brokered deposits
111 Total brokered retail deposits
112 Issued in denominations of $100 000 or less
113 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100 000 or less
Savings deposits
114 Money market deposit accounts (MMDAs)
115 Other savings deposits
116 Total time deposits of less than $100,000
117 Time certificates of deposit of $100,000 or more
118 Open-account time deposits of $100,000 or more
119 All NOW accounts (including "Super NOW" accounts)
120 Total time and savings deposits
Quarterly averages
121 Total loans
122 Obligations (other than securities) of states and political subdivisions in the
United States
123 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
Nontransaction accounts
124 Money market deposit accounts (MMDAs)
125 Other savings deposits
126 Time certificates of deposit of $100 000 or more
127 All other time deposits
128 Number of banks

204



6,720

5,210

4,415

795

1,510

307,968
149,067
349,589
271,901
31,470
137,754
1,254,483

241,042
114,455
260,940
205,616
27,320
105,868
960,419

195,834
88,855
220,082
167,461
19,222
88,155
784,499

45,208
25,600
40,858
38,155
8,098
17,713
175,920

66,926
34,612
88,648
66,285
4,151
3l',886
294,065

1,367,124

1,098,059

887,875

210,184

269,065

48,765

41,361

30,499

10,862

7,404

142,997

110,476

91,(K4

19,432

32,521

305,048
145,765
269,589
378,338

238,990
111,623
204,611
286,638

194,011
86,9fi6
166,867
237,857

44,980
24,656
37,744
48,781

66,058
34,142
64,978
91,700

2,705

1,558

1,321

237

1,147

73. Insured commercial bank assets and liabilities, 19881—Continued
C. Domestic offices with assets of $100 million or more or with foreign offices
Millions of dollars
Consolidated report of condition, Q2
Item

Members
Total

National

State

Nonmembers

2,266,994

1,817,594

1,441,917

375,677

449,400

178,732
82,451
21,402
34,637
9,012
31,229

147,059
75,149
17,650
23,482
5,680
25,098

116,806
58,683
14,522
19,289
4,640
19,673

30,253
16,465
3,129
4,193
1,040
5,425

31,673
7,302
3,752
11,155
3,332
6,131

Total
1 Total assets2
2 Cash and balances due from depository institutions
3 Cash items in process of collection and unposted debits
4 Currency and coin
5 Balances due from depository institutions in the United States
6 Balances due from banks in foreign countries and foreign central banks
7 Balances due from Federal Reserve Banks

1,936,137

1,537,363

1,232,869

304,494

398,773

9 Total securities book value
10 U S Treasury securities
11 U S government agency and corporation obligations
12
All holdings of U.S. government-issued or guaranteed certificates of
participation in pools of residential mortgages
13
All other
14 Securities issued by states and political subdivisions in the United States
15
Taxable securities
16
Tax-exempt securities
17 Other domestic securities
18
All holdings (if private certificates of participation in pools of residential mortgages .
19
All other
20 Foreign securities
.
.

375,791
127,403
103,387

280,546
95,919
78,582

218,757
76,127
62,920

61,789
19,791
15,662

95,245
31,484
24,805

63,918
39,469
89,247
1,082
88,165
54,338
3,394
50,945
1,415

53,399
25,183
70,348
748
69,600
34,650
2,596
32,054
1,047

42,342
20,578
51,782
578
51,205
27,380
1,257
26,124
547

11,058
4,604
18,565
170
18,396
7,270
1,339
5,931
500

10,519
14,286
18,900
334
18,565
19,688
798
18,890
368

21 Federal funds sold and securities purchased under agreements to resell3
22 Federal funds sold
23 Securities purchased under agreements to resell

114,680
37,002
4,733

97,920
23,675
4,116

72,299
21,091
3,612

25,621
2,583
503

16,760
13,327
618

1,456,295
10,629
1,445,666

1,167,018
8,121
1,158,897

948,147
6,334
941,813

218,872
1,787
217,084

289,277
2,508
286,769

515,786
115,720
5,999
226,035

391,526
94,342
4,116
165,630

333,714
78,826
3,613
141,516

57,812
15,516
503
24,114

124,260
21,379
1,883
60,405

32,620
193,415
15,933
152,099
27,478
4,108
4,707
12,093

25,269
140,361
12,547
114,891
24,482
3,877
4,572
9,626

21,599
119,917
11,093
98,666
20,197
2,933
2,378
8,503

3,670
20,444
1,454
16,225
4,285
943
2,194
1,123

7,351
53,054
3,386
37,207
2,995
231
136
2,467

446,598
443,079
3,518

368,140
364,881
3,258

290,059
287,404
2,655

78,081
77,477
604

78,458
78,198
260

1,987
711
491

1,277
515
371

1,095
460
304

182
55
67

709
196
120

299,085
2,229

235,933
2,127

195,647
1,429

40,286
698

63,152
102

46,521
828
45,693
68,151
15,730
52,422

39,145
558
38,587
62,147
14,849
47,297

29,100
408
28,692
43,547
- 9,466
34,082

10,045
150
9,895
18,599
5,384
13,216

7,376
270
7,106
6,005
880
5,124

27,553
25,581
41,353
126,545

24,167
24,408
38,297
108,764

19,545
17,441
26,636
74,801

4,622
6,967
11,660
33,963

3,385
1,173
3,056
17,780

57 Total liabilities and equity capital

2,266,994

1,817,594

1,441,917

375,677

449,400

58 Total liabilities4

2,114,867

1,698,763

1,350,087

348,677

416,104

59 Total deposits
60 Individuals partnerships and corporations
...
61 U S government
62 States and political subdivisions in the United States
63 Commercial banks in the United States
64 Other depository institutions in the United States
65 Banks in foreign countries
66 Foreign governments and official institutions
67 Certified and official checks

1,661,052
1,498,981
3,821
81,443
41,055
6,733
9,630
2,021
17,369

1,299,955
1,168,219
3,185
61,679
36,603
5,371
8,759
1,862
14,277

1,043,420
942,935
2,787
51,744
27,015
4,086
4,586
988
9,279

256,535
225,283
398
9,935
9,588
1,285
4,173
874
4,998

361,097
330,762
636
19,764
4,452
1,362
871
159
3,092

8 Total securities, loans and lease financing receivables, (net of unearned income)

24 Total loans and lease financing receivables, gross
25 LESS* Unearned income on loans
26 Total loans and leases (net of unearned income)
Total loans, gross, by category
27 Loans secured by real estate
28 Construction and land development
29 Farmland
30 1 4 family residential properties
31 Revolving, open-end loans secured by 1-4 family residential properties and
extended under lines of credit
32 All other loans secured by 1-4 family residential properties
33 Multifamily (5 or more) residential properties
34 Nonfarm nonrcsidential properties
35 Loans to commercial banks in the United States . . .
36 Loans to other depository institutions in the United States
37 Loans to banks in foreign countries
38 Loans to finance agricultural production and other loans to farmers
39 Commercial and industrial loans
40 To U S addressees (domicile)
41 To non-U S addressees (domicile)
42 Acceptances of other banks**
.
...
43 Of U.S. banks
44 Of foreign banks
.
45 Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
..
46 Loans to foreign governments and official institutions
47 Obligations (other than securities) of states and political subdivisions in the United
States
48 Nonrated industrial development obligations ...
49 Other obligations (excluding securities)
.
50 Other loans
52

All other loans

53 T/ease financing receivables
55 Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs
56 Remaining assets




..

...

.

...

...

205

73. Insured commercial bank assets and liabilities, 19881—Continued
C. Domestic offices with assets of $100 million or more or with foreign offices
Millions of dollars
Consolidated repoit of condition, Q2
Members

Item
Total

National

State

Ntmmembers

531,919
450,056
2,379
19,547
27,849
4,754
8,721
1,245
17,369

434,743
362,769
1,940
15,750
26,395
4,122
8,314
1,176
14,277

33fl,6Ql
287,701
11,591
123,782
19,323
2,965
4,301
559
9,279

96,142
75,068
349
2,968
7,071
1,157
4,013
517
4,998

97476
87,288
438
3,796
1,454
632
407
69
3,092

386,543
312,021
2,336
12,270
27,844
4,739
8,721
1,245
17,369

322,858
256,479
1,902
10,208
26,393
4,109
8,313
1,176
14,277

244.768
198',<H2
1»;556
8^256
19,322
2,952
4,301
1)59
9,279

78,090
58,037
346
1,951
7,071
1,157
4,013
517
4,998

63,686
55,542
434
2,062
1,450
630
407
69
3,092

1,129,133
1,048,924
1,442
61,896
13,206
792
12,414
1,979
910
201
708
776

865,212
805,450
1,245
45,928
10,209
294
9,915
1,250
445
11
434
686

704*819
655,235
1,:96
38.961
7,692
200
7^-92
1421
'285
1
284
:229

160,393
150,215
49
6,967
2,517
94
2,423
129
160
10
150
357

263,921
243,475
198
15,%8
2,997
49$
2,499
730)
464
190
274
90

98 Federal funds purchased and securities sold under agreements to repurchase5 . .
99 Federal funds purchased
100 Securities sold under agreements to repurchase
101 Demand notes issued to the U.S. Treasury
102 Other borrowed money
103 Banks liability on acceptances executed and outstanding
104 Notes and debentures subordinated to deposits
105 Net due to own foreign offices, Edge and Agreement subsidiaries, and IBFs ....
106 Remaining liabilities

238,005
26,616
25,623
29,369
79,782
26,340
2,211
14,617
78,109

212,200
19,834
15,124
27,372
64,762
25,166
1,301
11,634
68,008

167480
16J676
12,121
21,521
52,477
18469
1,168
8S547
45,752

45,019
3,157
3,003
5,451
12,285
6,998
133
3,087
22,255

25,805
6,782
10,499
1,997
15,020
1473
910
2,M83
10,102

107 Total equity capital6

152,126

118,831

91,831

27,000

33,296

1,889
73,784
42,121
12,799
4,733

984
57,280
31,889
7,780
1,843

47,351
26,058
6,536
1,730

m

94
9,929
5,821
1,184
143

905
16,504
10,232
5,018
2,890

8,065

5,937

4,896

1,041

2428

307,851
154,693
361,729
273,357
31,503
141,029
1,274,508

241,833
119,104
269,975
206,832
27,467
108,969
977,097

195,845
92,332
228,030
169,413
19,159
91,367
798/>Sl

45,989
26,753
41,925
37,419
8,308
17,603
178,445

66,018
35,588
91,755
66,525
4,035
32,060
297,412

1,401,052

1,124,889

913,543

211,346

276463

48,824

41,688

29,522

12,166

7,136

145,982

112,812

93,856

18,956

33,159

305,830
151,713
269,021
390,609

240,245
116,484
204,608
295,477

195,121
90,520
167,323
245,7i7

45,124
25,954
37,275
49,680

65,585
35,229
64,413
95,132

2,681

1,539

1,3C1

238

1,142

Total
68 Total transaction accounts
69 Individuals, partnerships, and corporations
70 U S government
71 States and political subdivisions in the United States
72 Commercial banks in the United States
73 Other depository institutions in the United States
74 Banks in foreign countries
75 Foreign governments and official institutions
76 Certified and official checks

..

77 Demand deposits (included in total transaction accounts)
78 Individuals partnerships and corporations
79 U.S. government
80 States and political subdivisions in the United States
81 Commercial banks in the United States .
82 Other depository institutions in the United States
83 Banks in foreign countries
...
84 Foreign governments and official institutions
85 Certified and official checks
86 Total nontransaction accounts
87 Individuals, partnerships, and corporations
88 U.S. government
89 States and political subdivisions in the United States
90 Commercial banks in the United States
91
U.S. branches and agencies of foreign banks
92
Other commercial banks in the United States
93 Other depository institutions in the United States
94 Banks in foreign countries
95
Foreign branches of other U.S. banks
96
Other banks in foreign countries
97 Foreign governments and official institutions

MEMO
108 Holdings of commercial paper included in total loans, gross
109 Total individual retirement accounts (IRA) and Keogh plan accounts
110 Total brokered deposits
Ill Total brokered retail deposits
112 Issued in denominations of $100,000 or less
113 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100,000 or less
Savings deposits
114 Money market deposit accounts (MMDAs)
115 Other savings deposits
116 Total time deposits of less than $100,000
117 Time certificates of deposit of $100,000 or more
118 Open-account time deposits of $100,000 or more
119 All NOW accounts (including "Super NOW" accounts)
120 Total time and savings deposits
Quarterly averages
121 Total loans
122 Obligations (other than securities) of states and political subdivisions in the
United States
123 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
Nontransaction accounts
124 Money market deposit accounts (MMDAs)
125 Other savings deposits
126 Time certificates of deposit of $100 000 or more
127 AH other time deposits
128 Number of banks

206



73. Insured commercial bank assets and liabilities, 19881—Continued
C. Domestic offices with assets of $100 million or more or with foreign offices
Millions of dollars
Consolidated report of condition, Q3
Item

Members
Total

National

State

Nonmembers

2,301,302

1,841,030

1,459,564

381,466

460,272

2 Cash and balances due from depository institutions
3 Cash items in process of collection and unposted debits
4 Currency and coin
....
...
5 Balances due from depository institutions in the United States
6 Balances due from banks in foreign countries and foreign central banks
7 Balances due from Federal Reserve Banks

185,641
89,104
18,462
34,400
9,458
34,217

153,252
81,045
15,382
22,879
5,735
28,212

120,964
65,134
12,721
18,580
4,526
20,004

32,288
15,911
2,661
4,299
1,210
8,208

32,388
8,059
3,081
11,521
3,723
6,005

8 Total securities, loans and lease financing receivables, (net of unearned income)

1,964,996

1,556,955

1,249,894

307,061

408,041

9 Total securities book value
10 U S Treasury securities
11 U S government agency and corporation obligations
12
All holdings of U.S. government-issued or guaranteed certificates of
participation in pools of residential mortgages
13
All other
14 Securities issued by states and political subdivisions in the United States
15
Taxable securities
16
Tax-exempt securities
17 Other domestic securities
.
.. .
18
All holdings of private certificates of participation in pools of residential mortgages .
19
All other .
.
20 Foreign securities

381,642
127,053
110,112

284,515
93,739
84,286

221,057
73,716
67,741

63,458
20,022
16,544

97,127
33,314
25,827

67,272
42,840
87,903
1,115
86,788
55,168
3,363
51,805
1,407

56,303
27,983
69,271
763
68,508
36,055
2,713
33,342
1,165

44,538
23,204
50,539
571
49,968
28,495
1,571
26,924
566

11,765
4,779
18,732
192
18,539
7,560
1,142
6,419
600

10,969
14,857
18,632
352
18,280
19,113
650
18,462
241

21 Federal funds sold and securities purchased under agreements to resell3
22 Federal funds sold
23 Securities purchased under agreements to resell

115,789
34,029
4,986

97,265
21,617
3,504

71,324
19,006
2,969

25,941
2,611
534

18,524
12,412
1,482

1,478,616
11,051
1,467,565

1,183,680
8,506
1,175,174

964,182
6,669
957,513

219,498
1,837
217,662

294,936
2,546
292,390

533,056
119,342
6,120
236,226

406,085
97,217
4,160
173,979

346,500
81,148
3,645
148,908

59,585
16,070
515
25,071

126,971
22,124
1,960
62,247

35,207
201,019
15,804
155,565
25,547
3,097
4,963
12,201

27,465
146,513
12,464
118,265
22,683
2,828
4,849
9,608

23,519
125,389
10,962
101,838
18,469
2,508
2,566
8,568

3,947
21,124
1,503
16,427
4,215
320
2,282
1,039

7,742
54,506
3,340
37,300
2,864
269
115
2,593

....

445,365
442,367
2,998

365,726
362,993
2,733

287,432
285,199
2,233

78,294
77,794
500

79,639
79,373
265

42 Acceptances of other banks** .
43 Of U S banks
44 Of foreign batiks
45 Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
46 Loans to foreign governments and official institutions
....
47 Obligations (other than securities) of states and political subdivisions in the United
States
48 Nonrated industrial development obligations
49 Other obligations (excluding securities)
50 Other loans
.
51 Loans for purchasing and carrying securities
.
52 All other loans

2,258
765
428

1,374
478
338

1,184
440
261

190
39
77

884
286
90

308,183
2,580

243,798
2,484

203,121
1,803

40,677
680

64,385
97

45,394
959
44,435
67,411
15,794
51,618

38,218
688
37,530
60,864
14,528
46,336

28,487
562
27,925
43,010
9,403
33,608

9,731
126
9,605
17,854
5,125
12,728

7,176
271
6,905
6,547
1,266
5,281

28,560
26,207
37,685
124,459

25,163
25,116
34,311
105,707

20,533
17,646
22,819
71,061

4,631
7,470
11,492
34,647

3,396
1,091
3,375
18,752

57 Total liabilities and equity capital

2,301,302

1,841,030

1,459,564

381,466

460,272

58 Total liabilities4

2,146,510

1,720,141

1,364,449

355,693

426,369

59 Total deposits
60 Individuals partnerships and corporations
61 U S government
62 States and political subdivisions in the United States
63 Commercial banks in the United States
64 Other depository institutions in the United States
65 Banks in foreign countries
66 Foreign governments and official institutions
67 Certified and official checks

1,680,799
1,524,731
3,721
81,965
37,704
6,749
8,226
1,637
16,065

1,316,352
1,188,904
3,065
62,925
33,920
5,480
7,435
1,504
13,119

1,062,174
963,135
2,680
53,000
25,331
4,183
4,179
699
8,966

254,178
225,768
385
9,925
8,589
1,297
3,255
805
4,153

364,447
335,828
656
19,041
3,784
1,268
791
133
2,946

Total
1 Total assets2

24 Total loans and lease financing receivables gross
25 LESS' Unearned income on loans
26 Total loans and teases (net of unearned income)
27
28
29
30
31
32
33
34
35
36
37
38

..
. ..

Total loans, gross, by category
Loans secured by real estate
Construction und land development
Farmland
1 4 family residential properties
Revolving, open-end loans secured by 1-4 family residential properties and
extended under lines of credit
All other loans secured by 1—4 family residential properties
Multifamily (5 or more) residential properties
Nonfarm non residential properties
Loans to commercial banks in the United States
Loans to other depository institutions in the United States
Loans to banks in foreign countries
Loans to finance* agricultural production and other loans to farmers

39 Commercial and industrial loans
40 To U S addressees (domicile)
41 To non-U S uddressees (domicile)

53
54
55
56

...

Lease financing receivables
...
Customers* liability on acceptances outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs
Remaining assets




. .

...

207

73. Insured commercial bank assets and liabilities, 19881—Continued
C. Domestic offices with assets of $100 million or more or with foreign offices
Millions of dollars
Consolidated report of condition, Q3
Item

Menibers
Total

National

State

Nonmembers

521,990
446,165
2,488
18,562
25,937
4,828
7,149
794
16,065

426,007
359,789
1,990
14,944
24,473
4,208
6,755
729
13,119

335,132
287323
1,654
12,120
18,070
3,039
1664
296
8:966

90,875
72,466
335
2,824
6,403
1,168
3,091
433
4,153

95,983
86,376
499
3,618
1,464
620
395
65
2,946

375,283
306,585
2,443
11,494
25,933
4,820
7,149
793
16,065

312,781
252,066
1,949
9,492
24,471
4,201
6,754
729
13,119

240.037
191732
1618
7,662
11068
3,033
3,663
296
8,966

72,744
55,334
332
1,830
6,403
1,168
3,091
433
4,153

62,502
54,519
494
2,002
1,462
619
395
65
2,946

1,158,809
1,078,566
1,233
63,403
11,767
511
11,256
1,920
1,077
351
726
843

890,345
829,115
1,075
47,980
9,447
204
9,243
1,273
680
233
446
775

72'?,042
673,812
11,026
40,880
7,261
107
7,154
1,144
516
232
403

163,303
153,302
50
7,101
2,185
97
2,089
129
164
1
163
372

268,464
249,451
157
15,423
21320
307
2,013
648
397
118
279
68

98 Federal funds purchased and securities sold under agreements to repurchase5 . .
99 Federal funds purchased
100 Securities sold under agreements to repurchase
101 Demand notes issued to the U.S. Treasury
102 Other borrowed money
103 Banks liability on acceptances executed and outstanding
104 Notes and debentures subordinated to deposits
105 Net due to own foreign offices, Edge and Agreement subsidiaries, and IBFs ....
106 Remaining liabilities

243,759
27,012
29,129
30,563
80,682
26,878
2,087
16,447
81,743

211,043
20,210
15,429
28,508
65,447
25,787
1,197
13,832
71,808

163.395
16.899
12,202
20.621
53,301
18,263
1,063
81817
45,630

47,648
3,311
3,226
7,886
12,145
7,523
134
5,014
26,178

32,716
6,802
13,700
2,055
15,236
1,091
890
2,615
9,935

107 Total equity capital6

154,792

120,889

95,115

25,773

33,903

2,443
76,284
47,104
15,489
5,310

695
59,122
35,630
9,776
2,008

f:80
48,fl58
28,285
7,611
U96

115
10,264
7,245
2,165
111

1,748
17,163
11,474
5,712
3,302

Total

68 Total transaction accounts
69 Individuals, partnerships, and corporations
70 U S government
71 States and political subdivisions in the United States
72 Commercial banks in the United States
73 Other depository institutions in the United States
74 Hanks in foreign countries
75 Foreign governments and official institutions
76 Certified and official checks . . .
77 Demand deposits (included in total transaction accounts)
78 Individuals, partnerships, and corporations
79 U.S. government
80 States and political subdivisions in the United States
81 Commercial banks in the United States
.
82 Other depository institutions in the United States
83 Banks in foreign countries
84 Foreign governments and official institutions
85 Certified and official checks . . .

. ..

86 Total nontransaction accounts . . .
87 Individuals, partnerships, and corporations
88 U.S. government
.
.
89 States and political subdivisions in the United States
90 Commercial banks in the United States
91
U.S. branches and agencies of foreign banks
92
Other commercial banks in the United States
93 Other depository institutions in the United States
94 Banks in foreign countries
95
Foreign branches of other U S banks
96
Other banks in foreign countries
97 Foreign governments and official institutions

MEMO
108 Holdings of commercial paper included in total loans, gross
109 Total individual retirement accounts (IRA) and Keogh plan accounts
110 Total brokered deposits
Ill Total brokered retail deposits
112 Issued in denominations of $100 000 or less
113 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100,000 or less
Savings deposits
114 Money market deposit accounts (MMDAs)
1 15 Other savings deposits
116 Total time deposits of less than $100,000
117 Time certificates of deposit of $100,000 or more
118 Open-account time deposits of $100,000 or more
119 All NOW accounts (including "Super NOW" accounts)
120 Total time and savings deposits
Quarterly averages
121 Total loans
122 Obligations (other than securities) of states and political subdivisions in the
United States
123 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
Nontransaction accounts
124 Money market deposit accounts (MMDAs)
125 Other savings deposits
126 Time certificates of deposit of $100,000 or more
127 All other time deposits
...
128 Number of banks

208



m

10,179

7,769

5,n5

2,054

2,410

300,432
154,572
380,244
290,550
33,011
142,503
1,305,516

235,871
119,304
285,782
220,567
28,821
110,394
1,003,571

192,144
92,459
240,987
181,180
20,272
92,550
822,137

43,727
26,845
44,795
39,387
8,549
17,845
181,433

64,561
35,268
94,462
69,983
4,191
32,109
301,945

1,427,474

1,142,854

929,888

212,965

284,621

45,838

38,779

28,542

10,236

7,059

147,819

114,510

95,111

19,398

33,310

304,836
155,252
278,883
402,092

239,347
119,608
212,094
304,607

194,570
92,911
174,064
252,417

44,776
26,697
38,030
52,190

65,490
35,644
66,789
97,485

2,634

1,508

1,269

239

1,126

73. Insured commercial bank assets and liabilities, 19881—Continued
C. Domestic offices with assets of $100 million or more or with foreign offices
Millions of dollars
Consolidated report of condition, Q4
Item

Members
Total

National

State

Nonmembers

2,348,131

1,873,730

1,496,524

377,206

474,401

199,276
96,997
23,613
34,204
8,605
35,857

165,099
87,538
19,553
22,656
6,009
29,344

131,322
69,457
16,352
18,292
4,938
22,284

33,776
18,081
3,200
4,364
1,071
7,060

34,178
9,459
4,061
11,548
2,596
6,513

Total
1 Total assets2
2 Cash and balances due from depository institutions
3 Cash items in process of collection and unposted debits
4 Currency and coin
5 Balances due ffom depository institutions in the United States
6 Balances due from banks in foreign countries and foreign central banks
7 Balances due from Federal Reserve Banks

1,985,657

1,566,986

1,266,978

300,007

418,671

9 Total securities book value
10 U S Treasury securities
11 U.S government agency and corporation obligations
12
All holdings of U.S. government-issued or guaranteed certificates of
participation in pools of residential mortgages
13
All other
14 Securities issued by states and political subdivisions in the United States
15
Taxable securities
16
Tax-exempt securities
17 Other domestic securities
18
All holdings of private certificates of participation in pools of residential mortgages .
19
All other
20 Foreign securities

384,226
124,347
117,420

285,825
90,400
90,186

221,219
70,629
71,974

64,606
19,771
18,212

98,401
33,947
27,234

71,201
46,219
84,536
1,037
83,499
56,312
3,537
52,775
1,610

60,056
30,130
66,332
.725
65,608
37,564
2,860
34,703
1,343

47,482
24,492
48,498
533
47,964
29,563
1,759
27,804
555

12,574
5,639
17,835
191
17,643
8,000
1,101
6,899
788

11,145
16,089
18,204
312
17,892
18,748
676
18,072
268

21 Federal funds sold and securities purchased under agreements to resell
22 Federal funds sold
23 Securities purchased under agreements to resell ....
...

102,943
32,009
5,158

87,055
20,284
3,717

65,616
17,720
3,164

21,439
2,564
553

15,887
11,725
1,441

1,509,406
10,917
1,498,489

1,202,512
8,407
1,194,106

986,797
6,653
980,143

215,715
1,753
213,962

306,894
2,511
304,383

549,331
121,155
6,169
243,755

416,582
97,509
4,183
179,425

357,046
81,899
3,682
153,916

59,535
15,610
501
25,510

132,750
23,646
1,986
64,330

37,296
206,459
16,186
162,066
26,600
2,925
3,928
12,141

29,062
150,363
12,698
122,766
23,085
2,697
3,773
9,624

24,846
129,070
11,177
106,372
18,610
2,390
2,066
8,639

4,216
21,294
1,521
16,393
4,475
307
1,707
986

8,234
56,096
3,488
39,300
3,515
228
154
2,516

451,841
448,887
2,954

369,541
366,859
2,682

293,707
291,476
2,231

75,834
75,383
451

82,300
82,029
271

2,517
844
379

1,519
534
301

1,318
470
244

202
64
56

998
310
78

317,478
2,005

250,046
1,934

209,637
1,376

40,409
557

67,432
71

42,526
1,149
41,377
68,422
15,758
52,663

35,776
858
34,917
62,187
14,707
47,480

26,500
729
25,770
44,160
9,562
34,598

9,276
129
9,147
18,027
5,145
12,882

6,750
291
6,460
6,234
1,051
5,183

29,693
26,483
44,833
136,714

25,747
25,342
40,621
116,304

21,347
17,990
24,770
80,233

4,400
7,352
15,851
36,071

3,946
1,141
4,212
20,411

57 Total liabilities and equity capital

2,348,131

1,873,730

1,496,524

377,206

474,401

58 Total liabilities4

2,187,482

1,748,071

1,399,091

348,980

439,410

1,741,850
1,580,517
4,883
82,948
38,263
7,582
8,603
2,003
17,052

1,362,711
1,231,746
3,997
64,013
33,644
5,985
7,679
1,871
13,776

1,103,387
1,001,623
3,506
53,517
25,510
5,017
4,068
870
9,276

259,324
230,123
491
10,496
8,135
967
3,611
1,001
4,500

379,139
348,771
886
18,934
4,619
1,598
923
132
3,276

8 Total securities loans and lease financing receivables, (net of unearned income)

24 Total loans and lease financing receivables, gross ....
25 LESS: Unearned income on loans
26 Total loans and leases (net of unearned income)
Total loans, gross, by category
27 Loans secured by real estate
28 Construction and land development
. .
29 Farmland
30 1—4 family residential properties
.
...
..
31 Revolving, open-end loans secured by 1-4 family residential properties and
extended under lines of credit
32 All other loans secured by 1 4 family residential properties
33 Multifamily (5 or more) residential properties
34 Nonfarm nonrcsidential properties
35 Loans to commercial banks in the United States
...
36 Loans to other depository institutions in the United States
37 Loans to banks in foreign countries
.
. . .
38 Loans to finance agricultural production and other loans to farmers
39 Commercial and industrial loans
40 To U S addressees (domicile)
41 To non-U.S. addressees (domicile)
42 Acceptances of other banks8
43 Of U S banks
44 Of foreign banks
45 Loans to individuals for household, family, and other personal expenditures
(includes purchased paper)
46 Loans to foreign governments and official institutions
47 Obligations (other than securities) of states and political subdivisions in the United
States
48 Nonrated industrial development obligations
49 Other obligations (excluding securities) ....
...
50 Other loans
52
53
54
55
56

All other loans .
Lease financing receivables
Customers* liability on acceptances outstanding
Net due from own foreign offices, Edge and Agreement subsidiaries, and IBFs
Remaining assets
...

59 Total deposits. . „
60 Individuals partnerships and corporations
61 U S government
62 States and political subdivisions in the United States
63 Commercial banks in the United States
64 Other depository institutions in the United States
65 Banks in foreign countries
66 Foreign governments and official institutions
67 Certified and official checks




. .

209

73. Insured commercial bank assets and liabilities, 19881—Continued
C. Domestic offices with assets of $100 million or more or with foreign offices
Millions of dollars
Consolidated report of condition, Q4
Members

Item

Total

Total

National

State

Nonmembers

68 Total transaction accounts
69 Individuals partnerships and corporations
70 U.S government
71 States and political subdivisions in the United States
72 Commercial banks in the United States
73 Other depository institutions in the United States
74 Hanks in foreign countries
75 Foreign governments and official institutions
76 Certified and official checks

557,571
476,033
3,606
20,504
26,138
5,230
7,761
1,247
17,052

453,021
382,887
2,881
16,491
24,194
4,281
7,320
1,191
13,776

358,620
301,063
1448
l£489
1&538
£420
£831
*555
t276

94,401
75,824
433
3,002
5,656
861
3,489
637
4,500

104,551
93,147
725
4,013
1,944
949
441
56
3,276

77 Demand deposits (included in total transaction accounts)
78 Individuals partnerships, and corporations
79 U.S. government
80 States and political subdivisions in the United States
81 Commercial banks in the United States
82 Other depository institutions in the United States
83 Banks in foreign countries
84 Foreign governments and official institutions
85 Certified and official checks

401,552
327,670
3,556
12,909
26,136
5,222
7,760
1,246
17,052

332,119
267,900
2,834
10,630
24,193
4,276
7,319
1,191
13,776

251835
210,248
3,405
H,S69
18,537
3,415
3,830
555
9,276

75,284
57,652
430
2,061
5,656
861
3,488
637
4,500

69,434
59,771
722
2,379
1,943
946
441
55
3,276

1,184,278
1,104,483
1,277
62,443
12,125
852
11,273
2,352
842
210
632
756

909,690
848,859
1,116
47,522
9,450
541
8,909
1,704
360
4
355
680

744,767
694,559
1,359
40,028
M72
387
6p84
1,398
237
1
236
315

164,923
154,300
57
7,494
2,479
154
2,325
106
122
3
119
365

274,58iS
255,624
161
14,921
2,675
311
2,364
649
482
206
276
76

98 Federal funds purchased and securities sold under agreements to repurchase3 . .
99 Federal funds purchased
100 Securities sold under agreements to repurchase
101 Demand notes issued to the U S Treasury
102 Other borrowed money
103 Banks liability on acceptances executed and outstanding
104 Notes and debentures subordinated to deposits
105 Net due to own foreign offices, Edge and Agreement subsidiaries, and IBFs
106 Remaining liabilities

229,683
28,564
28,855
24,323
81,803
27,208
2,031
16,254
80,583

198,817
21,226
15,099
22,304
67,961
26,067
1,226
12,974
68,986

154/S47
17^59
12,041
17,264
56,023
18,621
i;()82
10,472
48*066

44,169
3,666
3,058
5,040
11,938
7,445
144
2,502
20,920

30,867
7,338
13,755
2,019
13,843
1,141
805
3,280
11,596

107 Total equity capital6

160,649

125,659

97*432

28,226

34,990

2,073
78,344
51,840
18,139
6,448

1,100
60,892
39,236
12,043
2,511

941
50,249
31<$>97
9,562
2495

159
10,544
7,339
2,480
116

973
17,452
12,604
6,096
3,037

11,691

9,531

7,,167

2,364

2,160

300,873
155,261
397,141
298,031
32,972
151,948
1,340,297

236,742
119,829
299,349
225,073
28,698
118,150
1,030,592

193,196
92,841
253,580
185,400
19,750
99,337
846,552

43,545
26,988
45,769
39,673
8,948
18,813
184,039

64,3132
35,432
97,792
72,958
4,275
33,799
309,705

1,451,253

1,157,259

948.730

208,559

293,994

44,262

37,618

27,646

9,972

6,644

86 Total nontransaction accounts
87 Individuals, partnerships and corporations
88 U.S. government
89 States and political subdivisions in the United States
90 Commercial banks in the United States
91
U S branches and agencies of foreign banks
92
Other commercial banks in the United States
93 Other depository institutions in the United States .
94 Banks in foreign countries
95
Foreign branches of other U S banks
96
Other banks in foreign countries
97 Foreign governments and official institutions

MEMO
108 Holdings of commercial paper included in total loans, gross
109 Total individual retirement accounts (IRA) and Keogh plan accounts
110 Total brokered deposits..
Ill Total brokered retail deposits
112 Issued in denominations of $100 000 or less
113 Issued in denominations greater than $100,000 and participated out by the
broker in shares of $100 000 or less
Savings deposits
114 Money market deposit accounts (MMDAs)
115 Other savings deposits
116 Total time deposits of less than $100,000
117 Time certificates of deposit of $100 000 or more
118 Open-account time deposits of $100 000 or more
119 All NOW accounts (including * 'Super NOW* accounts)
120 Total time and savings deposits
Quarterly averages
121 Total loans . . . ."
122 Obligations (other than securities) of states and political subdivisions in the
United States
123 Transaction accounts (NOW accounts, ATS accounts, and telephone and
preauthorized transfer accounts)
Nontr a ns action accounts
124 Money market deposit accounts (MMDAs)
125 Other savings deposits
126 Time certificates of deposit of $100,000 or more ...
127 All other time deposits
128 Number of banks

210



.

-

150,145

116,474

97,174

19,300

33,671

301,828
155,922
289,300
423,204

236,737
120,093
219,936
322,539

193,S10
93,436
1814 »
270,332

43,527
26,597
38,746
52,237

65,091
35,829
69,364
100,665

2,608

1,495

1,251

234

1,113

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state
Percent of state total
Rank, by t otal assets
1

2

3

4

5

6

7

8

9

10

June 1988
United States (10,071)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

3.8
38

2.5
64

2.4
88

2.0
10 8

1.9
12 8

1.9
14 7

1.5
16 3

1.3
17 6

1.3
19 0

1.2
202

25
2.5

2.8
5.3

2.0
7.3

1.7
9.0

2.1
11.1

1.9
13.1

16
14.7

11
15.9

11
17.0

.8
17.8

Alabama (176)
Assets
Per organization
Cumulative . . . „
Deposits
Per organization
Cumulative

22 1
22.1

18 0
40.1

14.4
54.6

11 8
66.5

42
70.7

16
72.4

14
73.9

13
75.2

.9
76.1

.6
76.8

21 0
21.0

17 7
38.7

15 3
54.1

96
63.8

46
68.4

16
70.0

13
71.3

13
72.7

1.0
73.7

.7
74.5

Alaska (10)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

33 7
33.7

22 9
56.6

190
75.7

12 2
87.9

34
91.3

31
94.4

23
96.8

13
98.1

1.1
99.2

.6
99.9

33 9
33.9

24 1
58.0

15 5
73.5

12 5
86.1

3.8
89.9

3.4
93.4

2.8
96.2

1.5
97.8

1.4
99.2

.7
99.9

Arizona (47)
Assets
Per organization
Cumulative
Deposits
Per organization .
Cumulative ...»

35 2
35 2

24 4
59 7

18.0
77 7

10.7
88 4

3.3
91 8

1.1
929

.6
935

.5
94 1

.5
94 6

.3
95.0

37 6
37.6

24 4
62.0

17.8
79.9

9.4
89.3

2.2
91.5

1.1
92.7

.4
93.2

.6
93.8

.5
94.4

.3
94.8

Arkansas (211)
Assets
Per organization
Cumulative . . . „
Deposits
Per organization
Cumulative

97
9.7

73
17.1

4.0
21.2

2.9
24.1

2.8
27.0

2.6
29.6

2.6
32.2

2.4
34.7

2.3
37.1

2.0
39.1

98
9.8

74
17.2

40
21.3

26
23.9

28
26.7

26
29.4

26
32.1

24
34.5

2.1
36.7

2.0
38.7

California (433)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

23 8
23 8

16 5
40 4

14 9
55 3

73
62 6

3.3
66 0

2.3
68 3

2.1
70 4

2.1
725

1.4
74.0

1.1
75.1

244
24 4

16 0
40 5

13.9
54 5

76
62 1

3.2
65 4

2.5
67 9

1.6
696

2.0
71.6

1.4
73.0

1.2
74.2

Colorado (248)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

22.7
22 7

11.6
34.4

10.2
44.7

10.0
54.7

8.4
63.1

3.7
66.8

1.1
67.9

.8
68.8

.8
69.7

.6
70.3

22 1
22 1

11.1
33 3

10.7
44.0

7.8
51.9

8.5
60.5

3.8
64.3

1.1
65.5

.9
66.4

.9
67.4

.6
68.1

Connecticut (57)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

31 0
31 0

25 5
56 5

85
65 1

70
72 1

6.8
78 9

5.2
84 2

1.6
85 8

1.3
87.1

.8
88.0

.8
88.8

27 4
27 4

24 1
51 5

9.2
607

7.7
68 5

7.6
76 1

5.1
81.3

1.9
83.2

1.5
84.8

1.0
85.8

.9
86.8

Delaware (45)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

14 4
14.4

12 0
26.5

96
36.2

53
41.5

53
46.8

49
51.8

45
56.3

36
60.0

3.4
63.4

3.4
66.9

95
95

75
17 1

16 1
33 2

99
43 1

47
47 9

.5
48 5

3.0
51 5

2.7
54 2

6.7
61.0

5.3
66.4

District of Columbia (20)
Assets
Per organization
Cumulative . . .
Deposits
Per organization
Cumulative

28 9
28.9

265
55.5

11 6
67.1

11 6
78.8

59
84.8

45
89.3

3.1
92.4

2.0
94.5

1.0
95.6

.7
96.3

25 6
25 6

27 3
52 9

11 9
64 8

11 5
76 4

6.3
82 7

5.3
880

3.4
91 5

2.3
93 8

1.2
95 1

.7
95.8




211

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
Rank, by total assets

State and item1
1

2

3

4

6

5

7

a

9

10

June 1988
Florida (316)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

19.4
19.4

11.7
31.1

10.7
41.8

8.2
50.1

7.6
57.8

6.9
64.7

4.5
69.2

4.3
73.6

1.8
75.4

1,4
76,9

20.4
20.4

12.3
32.8

10.0
42.8

7.2
50.0

6.9
57.0

6.2
63.2

4.7
68.0

4.3
72.3

1.8
74.2

1,2
75,4

19.9
19.9

16.2
36.1

13.5
49.7

7.8
57.5

7.3
64.9

3.3
68.3

2.9
71.2

2.2
73.5

1.2
74.7

,5
75,3

18.1
18.1

15.5
33.7

12.7
46.5

7.5
54.0

7.5
61.6

3.6
65.2

2.8
68.1

2.5
70.6

1.0
71.7

.7
72.4

42.4
42.4

32.0
74.4

5.9
80.4

5.5
85.9

3.5
89.4

3.3
92.8

2.2
95.0

1.8
96.9

1.3
98.2

.7
98.9

42.7
42.7

32.8
75.6

6.1
81.7

5.6
87.4

1.9
89.3

3.4
92.8

2.3
95.1

1.9
97.0

1.1
98.2

.7
98.9

39.5
39.5

24.0
63.6

11.8
75.4

8.6
84.0

3.4
87.5

2.4
89.9

1.7
91.6

1.7
93.3

1.0
94.3

.9
95.3

35.5
35.5

24.8
60.3

13.0
73.4

9.0
82.4

3.6
86.1

2.4
88.6

1.8
90.4

1.9
92.4

1.1
93.6

1.1
94.7

18.9
18.9

13.9
32.8

6.5
39.3

4.6
44.0

2.0
46.0

1.7
47.8

1.4
49.2

1.1
50.4

1.1
51.5

1.0
32.6

15.0
15.0

8.5
23.6

5.4
29.0

3.9
32.9

2.2
35.1

2.0
37.2

1.5
38.7

1.4
40.1

1.3
41.5

1.2
42.8

Indiana (246)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

11.1
11.1

10.4
21.5

9.1
30.6

4.1
34.8

4.1
38.9

3.0
41.9

2.8
44.8

2.8
47.6

2.5
50.2

2.3
52.6

10.6
10.6

9.8
20.4

7.6
28.1

4.2
32.3

4.2
36.6

2.9
39.5

2.6
42.2

2.8
45.1

2.1
47.2

2.5
49.8

Iowa (475)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

8.2
8.2

8.1
16.4

5.1
21.5

4.3
25.8

3.4
29.3

3.0
32.3

1.8
34.1

1.6
35.8

1.4
37.2

.9
38.1

7.4
7.4

8.0
15.4

3.5
19.0

4.6
23.6

3.5
27.1

3.1
30.3

1.7
32.1

1.5
33.6

1.4
35.0

.9
35.9

10.6
10.6

3.3
13.9

2.3
16.3

1.9
18.2

1.6
19.9

1.6
21.5

1.6
23.2

1.5
24.7

1.3
26.0

1.3
27.3

9.8
9.8

3.1
12.9

2.4
15.3

2.0
17.3

1.6
19.0

1.5
20.5

1.3
21.9

1.5
23.5

1.3
24.8

1.3
26.1

Kentucky (263)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

15.7
15.7

13.9
29.7

7.1
36.8

4.2
41.0

2.1
43.2

1.9
45.1

1.5
46.7

1.2
47.9

1.1
49.1

1.1
50.2

12.5
12.5

12.2
24.7

6.8
31.5

4.1
35.6

2.0
37.6

2.0
39.7

1.6
41.4

1.2
42.6

1.1
43.8

1.2
43.0

Louisiana (248)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

14.0
14.0

12.1
26.1

10.9
37.0

7.8
44.8

2.9
47.8

2.0
49.8

1.7
51.5

1.6
53.2

1.5
54.7

1.2
55.9

13.5
13.5

11.9
25.5

10.1
35.6

7.3
43.0

2.7
45.8

2.0
47.8

1.8
49.7

1.6
51.3

1.5
52.8

1.3
54.1

Georgia (284)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative
Hawaii (20)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

. . .

Idaho (21)
Assets
Per organization ,
Cumulative
Deposits
Per organization
Cumulative
Illinois (843)
Assets
Per organization
Cumulative .
Deposits
Per organization
Cumulative

Kansas (550)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

212



.

....

....

+

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
Rank, by total assets

State and item1
1

2

3

4

5

6

7

8

9

10

June 1988
Maine (19)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative
„

23.5
23.5

22.4
45.9

20.9
66.9

15.2
82.1

3.2
85.3

2.5
87.8

2.0
89.9

1.8
91.7

1.6
93.3

1.3
94.7

22.2
22.2

22.0
44.3

22.3
66.6

16.0
82.7

1.4
84.2

2.7
87.0

2.1
89.1

2.0
91.1

1.7
92.9

1.4
94.3

Maryland (75)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative
„

19.7
19.7

11.5
31.2

9.9
41.1

8.1
49.2

7.4
56.7

7.4
64.1

6.3
70.4

3.7
74.2

2.7
76.9

2.6
79.6

17.5
17.5

11.2
28.8

8.9
37.7

8.8
46.5

8.2
54.8

6.8
61.6

7.3
69.0

4.1
73.2

3.1
76.3

3.0
79.4

Massachusetts (75)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative
,

19.2
19.2

18.5
37.8

14.6
52.4

14.3
66.7

9.3
76.1

7.5
83.7

2.8
86.5

2.3
88.8

1.2
90.1

.9
91.0

15.2
15.2

17.7
32.9

17.7
50.7

13.2
63.9

10.9
74.8

6.0
80.8

3.3
84.2

2.4
86.6

1.2
87.8

1.2
89.1

Michigan (162)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative
,

22.1
22.1

12.7
34.9

10.6
45.6

9.4
55.0

9.3
64.4

7.7
72.2

2.7
74.9

2.4
77.3

1.4
78.7

1.4
80.1

20.6
20.6

12.9
33.6

10.3
43.9

10.1
54.0

8.8
62.8

7.7
70.6

2.6
73.2

2.6
75.9

1.4
77.4

1.4
78.8

Minnesota (550)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

32.9
32.9

21.0
53.9

3.3
57.3

2.1
59.4

1.9
61.4

.9
62.3

.6
63.0

.6
63.7

.6
64.4

.5
64.9

27.2
27.2

18.8
46.1

3.7
49.8

2.3
52.2

2.0
54.2

1.0
55.2

.8
56.1

.0
56.1

.8
56.9

.6
57.5

Mississippi (124)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

18.4
18.4

15.2
33.7

7.3
41.0

6.6
47.7

5.0
52.8

2.9
55.7

1.8
57.5

1.6
59.2

1.5
60.8

1.2
62.0

17.5
17.5

14.7
32.2

7.2
39.4

6.9
46.4

5.0
51.5

3.0
54.5

1.8
56.3

1.7
58.1

1.6
59.7

1.3
61.0

Missouri (395)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

15.6
15.6

11,7
27.4

9.4
36.9

9.3
46.2

5.8
52.1

2.9
55.0

2.9
58.0

2.7
60.7

2.4
63.2

1.5
64.7

13.5
13.5

11.5
25.1

8.4
33.5

9.7
43.2

5.7
49.0

2.9
52.0

3.1
55.1

2.9
58.1

2.6
60.7

1.6
62.4

Montana (108)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

23.3
23.3

10.9
34.3

8.2
42.5

4.1
46.7

3.9
50.7

3.9
54.6

3.2
57.9

2.2
60.1

1.7
61.9

1.5
63.4

22.0
22.0

10.8
32.8

8.3
41.2

4.3
45.5

3.9
49.5

4.0
53.5

3.1
56.7

2.2
58.9

1.8
60.7

1.5
62.3

Nebraska (373)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

12.4
12.4

8.4
20.9

6.4
27.4

5.6
33.0

1.3
34.3

1.3
35.7

1.2
36.9

1.1
38.0

1.0
39.1

1.0
40.1

11.6
11.6

8.0
19.6

6.6
26.2

5.4
31.7

1.4
33.1

1.4
34.6

1.2
35.8

1.1
37.0

1.0
38.1

1.0
39.1

37.6
37.6

29.0
66.6

19.1
85.8

5.9
91.8

2.1
93.9

1.7
95.7

1.2
96.9

.8
97.8

.7
98.5

.2
98.7

1.6
1.6

44.4
46.1

30.8
76.9

9.2
86.1

3.6
89.8

3.0
92.8

2.0
94.9

1.3
96.3

1.2
97.6

.4
98.0

Nevada (16)
Assets
Per organization
Cumulative .
Deposits
Per organization
Cumulative . . . .




213

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
State and item1

Rank, by total assets
1

2

3

4

6

5

7

8

9

10

June 1988
New Hampshire (34)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

18.3
18.3

17.3
35.7

10.8
46.5

10.7
57.2

8.9
66.1

6.2
72.4

4.3
76.7

2.5
79.3

1.9
81.2

1.7
83.0

18.5
18.5

18.6
37.2

10.6
47.8

10.3
58.1

9.2
67.3

6.8
74.2

.2
74.4

2.6
77.1

2.1
79.2

1.9
81.2

New Jersey (98)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative .

19.2
19.2

15.5
34.8

11.3
46.1

6.4
52.5

5.1
57.7

4.1
61.8

3.4
65.2

3.0
68.3

2.8
71.1

2.5
73.6

17.3
17.3

14.9
32.3

11.1
43.4

6.6
50.0

5.4
55.4

4.4
59.9

3.7
63.6

3.3
66.9

2.9
69.9

2.5
72.5

New Mexico (60)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative

27.0
27.0

13.1
40.2

9.7
49.9

8.8
58.8

3.1
61.9

2.9
64.9

2.4
67.3

1.9
69.3

1.7
71.0

1.6
72,6

26.9
26.9

11.5
38.4

9.7
48.2

8.9
57.2

3.3
60.5

3.1
63.7

2.2
65.9

2.1
68.0

1.7
69.8

1,6
7L4

New York (169)
Assets
Per organization
Cumulative ...
Deposits
Per organization
Cumulative .

19.4
19.4

11.0
30.5

10.7
41.2

8.2
49.4

6.7
56.1

6.5
62.7

4.5
67.2

4.4
71.7

3.7
75.4

2,6
78.1

18.1
18.1

12.1
30.3

10.6
40.9

8.6
49.6

4.6
54.2

5.4
59.6

5.3
65.0

4.4
69.4

4.4
73.9

3.3
77.3

North Carolina (67)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

24.2
24.2

22.9
47.2

19.9
67.2

6.5
73.7

5.3
79.0

3.5
82.5

3.2
85.8

2.7
88.6

1.9
90.5

1.5
92.1

22.2
22.2

16.8
39.1

21.2
60.4

7.3
67.7

6.5
74.2

4.2
78.5

4.0
82.6

3.4
86.0

2.4
88.4

1.9
90.4

North Dakota (136)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative

12.9
12.9

12.4
25.3

6.0
31.4

4.1
35.5

2.6
38.1

2.2
40.3

2.1
42.4

2.1
44.5

1.9
46.4

1.6
48.0

13.4
13.4

11.5
25.0

6.Q1
31.0

4.1
35.2

2.6
37.8

2.2
40.1

2.1
42.2

2.1
44.4

1.7
46.1

1.5
47.6

15.6
15.6

13.9
29.5

9.5
39.1

8.1
47.2

7.7
54.9

5.2
60.1

4.S
64.7

4.3
69.0

3.8
72.8

2.7
75.6

15.0
15.0

14.0
29.0

9.5
38.6

7.4
46.0

7.5
53.6

4.9
58.5

4.6
63.1

4.4
67.5

3.4
71.0

3.0
74.0

9.4
9.4

8.7
18.1

4.0
22.1

2.9
25.1

1.8
26.9

1.5
28.4

1.4
29.9

1.4
31.3

1.1
32.4

1.0
33.4

9.0
9.0

7.9
17.0

2.7
19.7

3.0
22.7

1.7
24.5

1.3
25.9

1.5
27.4

1.3
28.7

1.1
29.8

1.0
30.9

Oregon (49)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

46.3
46.3

28.5
74.9

6.4
81.4

6.2
87.6

1.6
89.3

1.4
90.7

.9
91.7

.5
92.2

.5
92.7

.4
93.1

41.1
41.1

31.4
72.5

5.8
78.4

7.1
85.6

2.0
87.6

1.6
89.2

1.1
90.3

.6
90.9

.6
91.5

.4
92.0

Pennsylvania (226)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative . . . .

17.8
17.8

17.1
34.9

8.1
43.0

7.3
50.4

5.1
55.5

4.0
59.6

3.6
63.3

2.4
65.7

2.2
67.9

2.0
70.0

15.7
15.7

14.5
30.3

7.2
37.5

7.0
44.5

5.5
50.0

4.4
54.5

3.3
57.8

2.7
60.5

2.6
63.2

2.3
65.5

Ohio (228)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative . .
Oklahoma (430)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative

214



:

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
Rank, by total assets

State and item1
1

2

3

4

6

5

7

8

9

10

June 1988
Rhode Island (13)
Assets
Per organization „
Cumulative
«,
Deposits
Per organization .,
Cumulative

53.8
53.8

21.8
75.7

7.7
83.4

5.5
88.9

4.0
92.9

2.7
95.6

1.8
97.5

1.0
98.5

.5
99.1

.4
99.6

45.0
45.0

25.0
70.1

10.2
80.4

5.5
85.9

4.8
90.8

3.6
94.4

2.4
96.9

1.3
98.2

.7
98.9

.5
99.5

27.0
27.0

19.4
46.5

16.4
62.9

7.3
70.3

4.4
74.8

2.1
76.9

1.7
78.6

1.6
80.3

1.5
81.8

1.4
83.3

25.5
25.5

21.2
46.7

12.8
59.5

6.3
65.9

5.1
71.1

2.4
73.5

1.9
75.5

1.9
77.4

1.8
79.3

1.7
81.0

South Dakota (114)
Assets
Per organization . .
Cumulative
Deposits
Per organization
Cumulative

58.7
58.7

8.2
66.9

5.7
72.7

2.7
75.4

1.5
76.9

1.4
78.3

1.2
79.6

1.1
80.8

.8
81.7

.6
82.4

19.8
19.8

17.1
37.0

6.1
43.1

2.8
45.9

3.4
49.4

3.0
52.4

2.9
55.3

2.4
57.8

1.9
59.7

1.4
61.2

Tennessee (214)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

15.8
15.8

13.6
29.4

13.3
42.8

9.9
52.7

7.3
60.0

4.0
64.1

3.5
67.6

1.1
68.8

1.0
69.9

.9
70.9

14.5
14.5

12.9
27.5

13.4
41.0

10.2
51.2

6.3
57.5

4.2
61.7

3.4
65.2

1.3
66.5

1.0
67.5

1.0
68.6

Texas (1,185)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

17.3
17.3

12.2
29.6

10.8
40.4

7.5
47.9

4.7
52.7

3.0
55.8

1.8
57.6

1.4
59.1

.7
59.8

.6
60.5

13.9
13.9

11.9
25.8

9.4
35.2

6.9
42.2

4.2
46.4

3.2
49.7

1.9
51.7

1.6
53.3

.8
54.1

.8
55.0

Utah (46)
Assets
Per organization .
Cumulative
Deposits
Per organization
Cumulative ... .

27.5
27.5

21.2
48.7

8.6
57.4

8.4
65.9

7.7
73.6

3.7
77.3

3.3
80.6

2.0
82.7

1.4
84.1

1.2
85.4

26.8
26.8

21.1
48.0

9.6
57.6

9.5
67.2

8.1
75.3

3.0
78.3

.3
78.6

2.3
81.0

1.5
82.6

1.4
84.0

Vermont (19)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative . . . .

19.2
19.2

15.4
34.6

14.4
49.1

12.9
62.0

10.4
72.5

6.2
78.7

4.8
83.6

2.2
85.8

2.0
87.9

1.9
89.8

19.2
19.2

15.2
34.4

14.7
49.2

12.7
61.9

10.0
72.0

6.1
78.2

5.0
83.2

2.3
85.5

1.9
87.5

2.0
89.6

Virginia (142)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative

19.9
19.9

15.6
35.5

12.5
48.1

11.7
59.8

7.9
67.8

6.7
74.6

5.8
80.4

2.1
82.5

,9
83.5

.8
84.4

20.7
20.7

15.4
36.2

10.5
46.7

10.3
57.0

7.5
64.6

7.7
72.3

6.1
78.4

2.3
80.7

1.0
81.8

1.0
82.8

30.9
30.9

21.3
52.2

12.9
65.1

10.2
75.4

7.1
82.5

2.9
85.5

1.9
87.5

1.0
88.6

.5
89.2

.5
89.7

28.2
28.2

21.3
49.6

13.3
63.0

11.1
74.1

7.6
81.7

2.9
84.6

1.9
86.6

1.1
87.7

.6
88.3

.5
88.9

13.1
13.1

10.3
23.5

6.4
29.9

3.6
33.5

3.4
37.0

2.6
39.6

2.4
42.1

2.0
44.1

1.7
45.9

1.6
47.5

12.9
12.9

10.1
23.1

6.4
29.5

3.3
32.9

3.5
36.5

2.4
38.9

2.3
41.3

1.9
43.2

1.7
44.9

1.7
46.7

South Carolina (75)
Assets
Per organization ,
Cumulative
Deposits
Per organization
Cumulative

Washington (83)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative
?st Virginia (135)
Vssets
Per organization
Cumulative
^posits
7
er organization
\imulative . . . . „




.

215

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
Rank, by total assets

State and item1
1

2

3

4

6

5

7

8

9

10

June 1988
Wisconsin (355)
Assets
Per organization . .
Cumulative
Deposits
Per organization
Cumulative

...

13.8
29.4

10.7
40.2

6.3
46.5

3,7
50.3

3.6
53.9

3.4
57.4

1.2
58.6

1.2
59.8

.9
60,7

14.9
14.9

13.6
28.5

10.3
38.9

6.6
45.6

3.8
49.4

2.6
52.0

3.3
55.3

1.2
56.6

1.2
57.9

.9
58.8

21.0
21.0

10.8
31.8

9.8
41.7

6.2
48.0

4.9
52.9

4.1
57.0

2.6
59.7

2.6
62.3

2.3
64.7

2.2
66.9

20.8
20.8

Wyoming (54)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative ....

15.5
15.5

10.8
31.6

9.9
41.6

6.4
48.1

5.0
53.1

4.0
57.1

2.5
59.7

2.6
62.4

2.4
64.9

2,2
67.1

December 1988
United States (9,953)
Assets
Per organization
Cumulative
Deposits
Per organization . .
Cumulative

3.7
3.7

2.5
6.3

2.3
8.6

2.0
10.7

1.9
12.7

1.9
14.6

1.5
16.1

1.4
17.5

1.3
18.9

1.2
20.1

2.5
2.5

2.8
5.3

1.9
7.3

1.6
8.9

1.9
10.9

2.0
13.0

1.6
14.6

1.2
15.8

1.1
16.9

.8
17.8

21.8
21.8

18.3
40.1

15.1
55.3

11.6
66.9

4.1
71.0

1.7
72.8

1.5
74.4

1.2
75.6

.9
76.6

.6
77.3

21.2
21.2

17.6
38.9

15.8
54.7

9.7
64.4

4.3
68.8

1.7
70.6

1.2
71.9

1.3
73.2

1.0
74.3

.7
75.0

Alaska (10)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

36.1
36.1

21.1
57.2

17.2
74.4

13.8
88.2

3.6
91.9

3.1
95.0

2.0
97.0

1.3
98.3

.8
99.1

.7
99.9

33.9
33.9

17.1
51.1

21.2
72.3

14.5
86.8

3.9
90.7

3.3
94.1

2.5
96.7

1.5
98.2

.8
99.1

.8
99.9

Arizona (47)
Assets
Per organization
Cumulative
Deposits
Per organization . .
Cumulative

36.1
36.1

23.7
59.8

18.7
78.5

9.9
88.5

3.2
91.7

1.1
92.9

.5
93.5

.5
94.0

.5
94.5

.3
94.9

36.9
36.9

24.8
61.7

17.9
79.7

8.8
88.6

2.4
91.1

1.2
92.3

.6
93.0

.5
93.5

.5
94.1

V4.3

9.7
9.7

8.0
17.8

4.0
21.8

2.8
24.7

2.8
27.6

2.7
30.3

2.6
33.0

2.4
35.4

2.2
37.7

2.0
39.7

9.8
9.8

8.2
18.0

4.0
22.0

2.7
24.7

2.5
27.3

2.7
30.0

2.6
32.7

2.4
35.2

2.1
37.3

2.0
39.3

23.5
23.5

16.2
39.8

15.3
55.1

7.5
62.7

5.5
68.2

2.2
70.5

2.1
72.6

1.6
74.3

1.1
75.5

76*4

24.3
24.3

16.0
40.3

14.2
54.6

7.6
62.2

5.4
67.6

1.6
69.3

2.0
71.4

1.6
73.0

1.2
74.3

9
75.2

22.6
22.6

12.1
34.8

10.3
45.1

9.2
54.4

8.9
63.4

3.8
67.2

1.0
68.3

.9
69.2

.8
70.1

.6
70.7

21.8
21.8

11.5
33.3

10.8
44.2

7.3
51.5

9.2
60.8

3.9
64.8

1.1
65.9

.9
66.9

.9
67.8

.6
68.5

31.1
31.1

25.3
56.4

8.6
65.1

6.8
71.9

6.6
78.6

5.5
84.1

1.6
85.7

1.1
86.9

.8
87.8

.7
88.5

26.4
26.4

24.4
50.9

9.2
60.1

7.7
67.9

7.6
75.5

5.4
81.0

1.9
82.9

1.4
84.4

1.0
'85.4

.9
86.3

Alabama (177)
Assets
Per organization
Cumulative
....
Deposits
Per organization. .
Cumulative

...

Arkansas (209)
Assets
Per organization
Cumulative
...
Deposits
Per organization
Cumulative
California (426)
Assets
Per organization
Cumulative
....
Deposits
Per organization
Cumulative
....
Colorado (242)
Assets
Per organization ...
Cumulative
....
Deposits
Per organization
Cumulative
....
Connecticut (61)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

216



...

A

.y

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
Rank, by total assets

State and item1
1

2

3

4

5

6

7

8

9

10

December 1988
Delaware (45)
Assets
Per organization
Cumulative
Deposits
Per organization ,
Cumulative

13.9
13.9

11.9
25.9

11.3
37.2

5.6
42.8

5.5
48.4

5.2
53.6

4.1
57.7

3.6
61.4

3.3
64.7

3.0
67.8

8.8
8.8

8.5
17.3

18.0
35.4

.4
35.8

4.3
40.2

9.6
49.9

2.8
52.7

3.0
55.8

6.6
62.5

6.0
68.6

District of Columbia (21)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

30.4
30.4

25.4
55.9

11.4
67.3

11.1
78.5

5.7
84.2

4.9
89.1

3.2
92.3

2.0
94.3

1.0
95.4

.7
96.2

26.2
26.2

26.5
52.7

11.9
64.7

11.6
76.4

5.7
82.1

5.5
87.7

3.7
91.4

2.1
93.5

1.3
94.8

.7
95.6

Florida (329)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

19.4
19.4

12.0
31.5

10.9
42.4

8.0
50.5

7.6
58.1

6.5
64.7

4.5
69.2

4.3
73.5

1.8
75.3

1.3
76.6

20.5
20.5

12.5
33.0

9.6
42.7

7.4
50.1

7.1
57.2

6.1
63.4

4.7
68.1

4.3
72.5

1.8
74.3

1.1
75.4

Georgia (291)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

18.9
18.9

15.9
34.8

13.1
48.0

7.9
55.9

7.1
63.1

3.3
66.5

2.7
69.2

2.1
71.4

1.8
73.2

1.1
74.3

17.9
17.9

14.6
32.6

12.8
45.4

7.5
52.9

7.2
60.2

3.7
63.9

2.6
66.6

2.3
68.9

1.3
70.3

1.0
71.3

Hawaii (20)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

41.6
41.6

32.1
73.7

6.1
79.9

5.8
85.8

3.5
89.3

3.4
92.7

2.1
94.9

1.8
96.7

1.3
98.1

.7
98.9

41.9
41.9

32.8
74.8

6.3
81.1

6.0
87.2

1.9
89.2

3.5
92.7

2.2
94.9

1.9
96.8

1.2
98.1

.8
98.9

Idaho (21)
Assets
Per organization
Cumulative
Deposits
Per organization . .
Cumulative .

40.1
40.1

23.7
63.9

11.6
75.6

8.1
83.7

3.2
86.9

2.5
89.5

1.9
91.4

1.7
93.2

1.0
94.2

1.0
95.2

37.2
37.2

23.9
61.2

12.3
73.5

8.7
82.3

3.5
85.8

2.5
88.4

2.0
90.4

1.9
92.4

1.2
93.6

1.1
94.7

Illinois (840)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

18.5
18.5

13.7
32.3

6.1
38.5

5.0
43.5

1.8
45.3

1.7
47.1

1.6
48.7

1.2
49.9

1.1
51.1

1.1
52.2

15.0
15.0

8.7
23.7

5.3
29.0

4.2
33.3

2.0
35.4

2.0
37.4

1.7
39.1

1.4
40.5

1.3
41.9

1.3
43.3

Indiana (232)
Assets
Per organization
Cumulative
Deposits
Per organization ....
Cumulative

11.5
11.5

11.2
22.7

8.9
31.7

4.5
36.2

4.0
40.3

2.9
43.2

2.7
46.0

2.7
48.8

2.6
51.4

2.4
53.9

10.6
10.6

10.0
20.6

7.7
28.4

4.6
33.0

4.3
37.3

2.9
40.3

2.8
43.1

2.6
45.8

2.5
48.3

2.2
50.6

8.5
8.5

8.1
16.6

5.3
22.0

4.4
26.4

3.6
30.0

2.9
33.0

2.1
35.1

1.7
36.8

1.4
38.2

1.0
39.2

8.2
8.2

7.7
16.0

3.5
19.5

4.6
24.2

3.5
27.8

3.1
30.9

2.0
33.0

1.5
34.5

1.4
35.9

1.0
37.0

10.7
10.7

3.5
14.2

2.2
16.4

1.9
18.4

1.7
20.1

1.7
21.9

1.5
23.4

1.5
25.0

1.3
26.3

.8
27.2

10.1
10.1

3.1
13.3

2.2
15.5

2.0
17.6

1.4
19.1

1.7
20.8

1.5
22.3

1.5
23.8

1.4
25.2

.8
26.1

Iowa (473)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative
Kansas (541)
Assets
Per organization .
Cumulative
Deposits
Per organization . . .
Cumulative




217

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
Rank, by total assets

State and item1
1

2

3

4

5

6

7

8

9

10

December 1988
Kentucky (261)
Assets
Per organization
Cumulative
Deposits
Per organization .
Cumulative

15.6
15.6

13.8
29.5

7.2
36.8

4.3
41.1

2.1
43.2

2.1
45.4

1.6
47.0

1.2
48.3

1.1
49.4

1.1
.10.6

12.6
12.6

12.5
25.1

7.4
32.5

4.2
36.7

1.8
38.6

2.2
40.8

1.8
42.6

1.2
43.8

1.1
45.0

1.3
46.3

15.3
15.3

12.1
27.4

11.5
38.9

7.7
46.7

2.9
49.6

2.0
51.7

1.5
53.3

1.5
54.8

1.2
56.0

1.1
57.2

14.3
14.3

11.3
25.6

11.6
37.2

7.4
44.6

2.9
47.5

2.1
49.6

1.5
51.2

1.5
52.8

1.2
54.0

l.i
55.1

...

24.0
24.0

21.6
45.6

20.6
66.3

15.6
81.9

3.5
85.4

2.5
88.0

2.0
90.1

1.8
91.9

1.6
93.5

1.2
94.8

...

21.6
21.6

21.2
42.8

22.6
65.4

16.7
82.2

2.0
84.3

2.8
87.1

2.1
89.3

2.0
91.4

1.7
93.1

1.3
94.4

18.3
18.3

11.4
29.7

9.7
39.4

8.3
47.7

7.6
55.4

7.2
62.6

6.6
69.3

3.6
73.0

2.9
76.0

2.8
78.8

....

18.0
18.0

11.0
29.0

8.9
38.0

8.4
46.4

8.3
54.8

6.6
61.4

7.3
68.8

3.9
72.7

3.3
76.0

.<>
76.9

....

19.3
19.3

18.7
38.1

15.1
53.2

13.9
67.1

9.4
76.5

7.2
83.8

2.8
86.6

2.1
88.7

1.3
90.1

.9
91.1

17.1
17.1

16.1
33.2

18.6
5L8

12.3
64.2

10.8
75.0

5.9
80.9

3.3
84.2

2.2
86.4

1,3
87.7

1.2
88.9

....

21.2
21.2

12.9
34.1

11.0
45.1

9.5
54.7

9.3
64.0

8.0
72.1

2.6
74.7

2.4
77.1

1.5
78.7

1.3
80.3

....

19.9
19.9

12.7
32,7

10.8
43.5

10.0
53.5

9.1
62.7

8.0
70.7

2.5
73.2

2.6
75.9

1.5
77.5

1.4
78.9

30.2
30.2

20.6
50.8

3.8
54.7

2.2
56.9

2.1
59.0

1.0
60.0

.9
61.0

.7
61.7

.7
62.5

.5
63.0

27.2
27.2

18.4
45.6

3.8
49.5

2.4
52.0

2.1
54.1

1.0
55.1

1.0
56.2

.8
57.1

.8
58.0

.5
58.5

Mississippi (122)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative

18.6
18.6

15.1
33.8

7.3
41.2

6.7
48.0

4.7
52.7

2.9
55.6

1.8
57.5

1.7
59.2

1.5
60.7

1.3
62.1

17.3
17.3

14.7
32.0

7.2
39.3

6.9
46.3

4.8
51.1

2.9
54.0

1.9
56.0

1.8
57.8

1.5
59.3

1.3
60.7

Missouri (393)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

23.0
23.0

11.4
34.5

9.8
44.3

6.1
50.4

3.1
53.6

3.0
56.6

2.9
59.5

2.4
62.0

1.8
63.9

1.1
65.1

20.3
20.3

11.1
31.5

10.1
41.7

6.1
47.8

3.1
51.0

3.2
54.2

3.1
57.4

2.6
60.0

1.9
62.0

1.1
63.2

20.8
20.8

11.3
32.1

8.2
40.4

4.1
44.6

4.0
48.7

3.3
52.0

2.8
54.9

2.3
57.2

1.7
59.0

1.6
60.6

19.4
19.4

11.2
30.6

8.2
38.8

4.3
43.1

4.1
47.3

3.2
50.5

2.9
53.5

2.3
55.8

1.8
57.6

1.6
59.2

Louisiana (243)
Assets
Per organization . *
Cumulative . .
Deposits
Per organization
Cumulative . .
Maine (19)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative
Maryland (76)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative
Massachusetts (75)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative
Michigan (159)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative . .
Minnesota (539)
Assets
Per organization
Cumulative .
Deposits
Per organization
Cumulative

Montana (111)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

218



74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
Rank, by total assets

State and item1

1

2

3

4

5

6

7

8

9

10

December 1988
Nebraska (366)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

13.1
13.1

8.5
21.7

8.2
29.9

5.4
35.4

1.4
36.8

1.3
38.2

1.2
39.4

1.0
40.4

1.0
41.5

.8
42.3

12.4
12.4

7.9
20.3

8.2
28.6

5.3
34.0

1.5
35.5

1.3
36.9

1.2
38.1

1.1
39.2

1.0
40.3

.9
41.2

Nevada (16)
Assets
Per organization . ...
Cumulative
Deposits
Per organization
Cumulative .

43.4
43.4

25.8
69.3

17.7
87.0

5.5
92.5

1.9
94.5

1.5
96.0

1.0
97.0

.8
97.9

.7
98.6

.2
98.9

3.3
3.3

43.3
46.6

30.6
77.2

9.1
86.4

3.5
89.9

2.8
92.7

1.8
94.6

1.5
96.2

1.4
97.6

.4
98.1

New Hampshire (33)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

18.5
18.5

14.6
33.1

11.6
44.8

11.3
56.2

9.0
65.2

6.4
71.6

4.1
75.7

2.6
78.4

1.9
80.4

1.7
82.1

18.9
18.9

14.1
33.0

12.9
45.9

10.3
56.3

9.5
65.9

7.0
72.9

.6
73.6

2.8
76.4

2.1
78.5

1.9
80.5

New Jersey (100)
Assets
Per organization
Cumulative . . . «,
Deposits
Per organization
Cumulative . . „

18.3
18.3

15.0
33.4

11.0
44.4

6.0
50.5

5.3
55.8

4.2
60.1

3.9
64.1

3.1
67.2

2.7
70.0

2.5
72.5

16.7
16.7

15.3
32.0

11.1
43.2

6.2
49.5

5.6
55.1

4.4
59.5

4.3
63.9

3.4
67.4

2.8
70.2

2.6
72.9

27.6
27.6

13.1
40.7

10.1
50.9

8.3
59.2

3.0
62.3

2.6
65.0

1.9
66.9

1.7
68.7

1.7
70.4

1.5
72.0

27.1
27.1

11.2
38.3

10.5
48.8

8.4
57.3

3.2
60.6

2.4
63.0

2.1
65.1

1.8
67.0

1.8
68.9

1.6
70.5

New York (169)
Assets
Per organization
Cumulative . . . „
Deposits
Per organization
Cumulative

18.9
18.9

11.3
30.2

10.3
40.6

8.5
49.1

7.6
56.7

6.9
63.6

6.6
70.2

4.4
74.6

2.8
77.5

2.7
80.2

18.0
18.0

11.8
29.9

10.2
40.2

8.6
48.8

8.8
57.6

4.6
62.3

5.0
67.3

5.2
72.6

3.5
76.1

2.1
78.3

North Carolina (68)
Assets
Per organization . .
Cumulative
Deposits
Per organization
Cumulative

24.0
24.0

22.6
46.6

20.7
67.4

6.3
73.7

5.3
79.0

3.5
82.5

3.1
85.6

2.8
88.4

1.9
90.4

1.5
92.0

21.5
21.5

17.5
39.1

21.8
61.0

7.2
68.2

6.4
74.6

4.1
78.7

3.9
82.7

3.3
86.0

2.4
88.5

1.9
90.4

North Dakota (136)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

13.7
13.7

11.1
24.8

6.1
31.0

4.2
35.3

2.7
38.0

2.2
40.3

2.1
42.4

2.0
44.5

1.9
46.4

1.6
48.0

13.9
13.9

11.2
25.1

6.1
31.3

4.2
35.6

2.8
38.4

2.2
40.6

2.0
42.7

2.0
44.8

1.7
46.5

1.4
48.0

Ohio (226)
Assets
Per organization
Cumulative . .
Deposits
Per organization
Cumulative

15.8
15.8

13.5
29.4

9.5
39.0

7.9
46.9

7.8
54.7

5.4
60.1

4.9
65.1

4.8
69.9

3.7
73.6

2.6
76.2

15.4
15.4

13.5
28.9

9.3
38.3

7.6
46.0

7.4
53.5

4.9
58.5

5.1
63.6

4.7
68.3

3.2
71.6

2.9
74.5

8.6
8.6

8.6
17.2

3.8
21.1

2.0
23.1

1.8
24.9

1.7
26.7

1.4
28.2

1.4
29.7

1.1
30.8

1.0
31.8

8.4
8.4

7.9
16.4

3.0
19.4

2.0
21.5

1.7
23.3

1.8
25.1

1.3
26.5

1.5
28.0

1.0
29.1

1.0
30.1

.

New Mexico (60)
Assets
Per organization
Cumulative . . . „
Deposits
Per organization
Cumulative
„

Oklahoma (422)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative




...

219

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
Rank, by total assets

State and item1

1

2

3

4

|

5

6

7

8

9

10

December 1988
Oregon (50)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

44.4
44.4

29.9
74.3

6.3
80.6

6.2
86.9

1.8
88.8

1.4
90.3

.9
91.2

.5
91.8

.5
92.3

.4
92.7

40.6
40.6

31.5
72.2

6.9
79.1

5.9
85.0

2.2
87.3

1.6
88.9

1.0
90.0

.6
90.6

.6
91.2

.4
91.7

17.9
17.9

16.8
34.8

7.7
42.5

7.7
50.3

5.3
55.6

4.5
60.1

4.1
64.3

3.6
68.0

2.1
70.1

1.8
72.0

15.7
15.7

15.2
31.0

6.8
37.8

6.9
44.8

5.4
50.2

5.1
55.3

4.5
59.8

3.4
63.3

2.2
65.5

2.0
67.6

Rhode Island (12)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

54.3
54.3

21.0
75.3

7.9
83.2

5.4
88.7

4.0
92.8

2.6
95.4

2.2
97.7

.9
98.6

.5
99.2

.4
99.6

44.9
44.9

24.3
69.3

10.7
80.1

5.3
85.4

5.0
90.5

3.5
94.0

3.1
97.1

1.1
98.2

.7
99.0

.5
99.5

South Carolina (76)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

27.0
27.0

18.5
45.5

17.6
63.1

6.8
70.0

4.2
74.2

2.3
76.5

1.7
78.3

1.6
80.0

1.5
81.6

1.3
83.0

26.2
26.2

19.8
46.1

13.5
59.6

5.9
65.6

4.9
70.5

2.7
73.3

2.0
75.3

1.8
77.1

1.8
79.0

1.5
80.6

South Dakota (110)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

61.3
61.3

8.5
69.8

4.6
74.5

2.5
77.1

1.4
78.5

1.3
79.9

1.3
81.2

1.2
82.4

1.0
83.4

.(>
84.1

24.9
24.9

16.7
41.6

5.6
47.3

3.0
50.3

3.3
53.6

3.0
56.6

2.8
59.5

2.7
62.2

2.1
64.4

1.4
65.9

Tennessee (209)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

16.1
16.1

13.4
29.5

13.4
43.0

9.8
52.9

7.4
60.3

4.3
64.6

3.7
68.4

1.1
69.6

1.1
70.7

.8
71.5

15.2
15.2

13.5
28.8

13.0
41.8

9.9
51.8

6.5
58.3

4.4
62,8

3.5
66.4

1.2
67.7

1.0
68.8

<)
69.7

14.5
14.5

12.0
26.5

11.0
37.6

7.4
45.1

4.0
49.1

2.9
52.1

2.0
54.1

1.5
55.6

.7
56.4

.7
57.1

13.8
13.8

9.9
23.8

103
34.2

6.8
41.0

4.2
45.3

3.0
48.4

2.0
50.4

1.7
52.1

.8
53.0

.7
53.8

27.1
27.1

21.3
48.5

9.0
57.5

8.9
66.4

7.5
73.9

5.5
79.4

3.2
82.6

1.4
84.1

1.1
85.3

1.0
86.3

26.5
26.5

21.4
47.9

9.6
57.6

9.7
67.3

7.7
75.1

5.5
80.6

.2
80.9

1.5
82.5

1.4
83.9

1.2
85.1

18.7
18.7

15.5
34.2

13.9
48.1

13.5
61.7

10.6
72.3

5.9
78.3

5.3
83.6

2.1
85.8

1.9
87.7

1.9
89.7

18.7
18.7

15.3
34.0

13.9
47.9

13.3
61.3

10.4
71.8

5.9
77.8

5.5
83.3

2.2
85.5

2.0
87.5

1.9
89.5

19.9
19.9

15.2
35.2

12.0
47.2

12.0
59.3

8.0
67.4

6.6
74.1

5.8
79.9

2.1
82.1

.9
83.0

.8
83.9

19.8
19.8

15.1
34.9

10.2
45.2

10.7
56.0

7.7
63.8

7.6
71.5

6.0
77.6

2.4
80.0

1.0
81.1

.9
82.0

....

Pennsylvania (223)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

Texas (1,149)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative

....

....

Utah (48)
Assets
Per organization . . .
Cumulative
Deposits
Per organization
Cumulative
Vermont (19)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative . .
Virginia (147)
Assets
Per organization
Cumulative
*
Deposits
Per organization
Cumulative

220



...

..

74. Percentage of total assets and total deposits held by 10 largest banking organizations (all commercial
banks and trust companies), by state—Continued
Percent of state total
Rank, by total assets

State and item1

1

2

3

4

5

6

7

8

9

10

December 1988
Washington (84)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative
West Virginia (129)
Assets
Per organization . .
Cumulative
.
Deposits
Per organization
Cumulative
Wisconsin (345)
Assets
Per organization
Cumulative
Deposits
Per organization
Cumulative
Wyoming (54)
Assets
Per organization
Cumulative . . . „
Deposits
Per organization .
Cumulative „ . .




31.3
31.3

2L1
52.5

13.2
65.7

9.9
75.7

7.3
83,0

3.0
86.0

1.9
88.0

1.0
89.1

.5
89.7

.5
90.2

30.6
30.6

20.3
51.0

13.3
64.3

10.7
75.0

7.5
82.6

2.7
85.3

1.9
87.3

1.1
88.4

.5
88.9

.5
89.5

12.7
12.7

10.7
23.4

6.5
30.0

3.3
33.3

3.1
36.5

2.6
39.2

2.5
41.7

2.2
43.9

1.8
45.8

1.8
47.7

12.3
12.3

10.7
23.1

6.5
29.6

3.4
33.1

3.0
36.1

2.4
38.5

2.4
40.9

2.1
43.1

1.8
44.9

1.8
46.8

15.4
15.4

14.0
29.5

10.9
40.4

6.8
47.3

3.5
50.9

3.5
54.4

3.4
57.9

1.2
59.2

1.2
60.4

.9
61.3

....

14.6
14.6

13.2
27.9

10.3
38.3

7.3
45.6

3.0
48.6

3.6
52.2

3.3
55.6

1.3
57.0

1.3
58.3

.9
59.2

, . ....

21.0
21.0

10.8
31.8

9.2
41.1

6.1
47.2

5.1
52.4

4.0
56.4

2.6
59.1

2.5
61.6

2.4
64.0

2.4
66.4

20.7
20.7

10.7
31.4

9.3
40.7

6.3
47.1

5.3
52.4

3.8
56.3

2.7
59.0

2.5
61.5

2.5
64.0

2.4
66.5

. .. ,
,..,.,.

221

75. Selected assets and liabilities of minority-owned banks in the United States, by size of bank,
December 31,19881
Thousands of dollars
All
size
classes

Under 10

472,717
1,226,519
221,951
146,211
7,834
0

5,689
2,689
640
1,166
0
0

7 Federal funds sold and securities purchased under
agreements to resell
8 Net loans and leases
9 Premises and fixed assets
10 Real estate owned, not bank premises
11 Other assets
12 Intangible assets
13 Investment in unconsolidated subdivisions

315,077
2,873,571
110,699
41,949
95,198
3,389
159

14 Total assets

Account

Asset size (millions of dollars)

i

25-49

50 and over

46,203
79,842
8,107
4,095
92
0

76,339
126,173
10,609
15,924
1,864
0

344,486
1,017,815
202,595
125,026
5,878
0

6,915
16,203
1,060
126
316
67
0

44,479
207,468
12,120
4,613
8932
8
0

44,144
365,855
15,272
9,766
11,467
0
2

219,539
2,284,045
82,247
27,444
74,483
3,314
157

5,515,275

34,871

415,959

677,415

4,387,030

802,683
3,305,423
100,081
331,780
64,388

6,439
15,416
1,020
2,002
545

66,539
215,394
17,696
42,409
5,628

105,407
352,376
9,683
65,573
11,299

624,298
2,722,237
71,682
221,796
46,916

5,006,594
986,739
3,625,669

30,196
7,984
18,004

371,774
94,192
250,683

619,309
130,192
419,931

3,985,315
754,371
2,937,051

10-24

ASSETS
1 Cash and due from depositories
2 U.S. Treasury and federal agency securities, total
3 Securities
4
Other securities
5 Customers liability on acceptances
6 Assets held in trading accounts

LIABILITIES
15
16
17
18
19

Deposits
Demand—Individuals, partnerships, and corporations
Total nontransaction accounts=IPC's
U.S. government
States and political subdivisions
Certified and officers' checks

20 Total deposits
21 Demand
22 Nontransaction accounts
23 Federal funds purchased and securities sold under
agreements to repurchase
24 Treasury note balances and other borrowings
25 Mortgage indebtedness
26 All other liabilities

0
0
0
289

250
2,105
301
5,650

989
4,106
542
9,672

19,983
29,156
1,267
47,493

5,128,877

27 Total liabilities
28 Subordinated notes and debentures

21,222
35,367
2,110
63,584

30,485

380,080

634,618

4,083,694

14,186

0

2,026

1,747

10,413

4,630
116,613
188,643
62,326

0
2,335
2,432
-381

2,048
20,915
20,595
-9,705

375
23,917
26,550
-9,792

2,207
69,446
139,066
82,204

EQUITY CAPITAL
29
30
31
32

Preferred stock—Par
Common stock^Par
Surplus
Undivided profits and capital reserves

33 Total equity capital
34 Total liabilities and equity capital
35 Number of banks

222



372,212

4,386

33,853

41,050

292,923

5,515,275

34,871

415,959

677,415

4,387,030

822

4

23

19

36

76. Financial assets of pension funds1
A. Totals for private and public funds
Billions of dollars
1977

1978

1979

1980

| 1981

1982

1983

1984

1985

1986

1987

1988

1 Total, all types

560.3

661.5

767.1

916.1

996.9

1,179.2

1,392.1

1,532.0

1,801.6

2,057.7

2,245.2

2,584.9

2 Private funds
3 Insured
4 Noninsured2
5 Public funds
6 State and local government
7 U S government
8
Civil service3
9
Railroad retirement

374.9
103.2
271.7
185.4
132.5
52.9
50.0
2.9

447.9
121.6
326.2
213.6
153.9
59.8
56.7
3.1

529.7
143.5
386.1
237.4
169.7
67.7
64.6
3.1

641.6
172.0
469.6
274.5
198.1
76.4
73.9
2.5

686.5
199.8
486.7
310.4
224.2
86.2
84.8
1.4

818.7
242.9
575.8
360.5
262.5
97.9
97.4
.5

968.8
286.4
682.5
423.2
311.2
112.0
111.4
.6

1,045.5
331.6
713.9
486.5
356.6
130.0
126.9
3.1

1,248.1
400.0
848.1
553.5
404.7
148.8
144.6
4.2

1,418.7
476.9
941.8
638.9
469.4
169.6
163.4
6.2

1,539.7
538.9
1,000.8
705.5
517.0
188.4
181.6
6.8

1,771.8
631.7
1,140.0
813.2
605.1
208.1
200.3
7.8

Fund

B. Types of assets held by private noninsured funds
Billions of dollars
Type of asset
1 Total financial assets
2
3
4
5
6
7
8
9
10
11

Checkable deposits and currency. .
Time deposits
Money market fund shares
Mutual fund shares
Other corporate equities
U.S. government securities
Corporate and foreign bonds
Mortgages
Open market paper
Miscellaneous assets

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

271.7

326.2

386.1

469.6

486.7

575.8

682.5

713.9

848.1

941.8

1,000.8

1,140.0

4.8
12.0
.1
3.7
123.6
29.8
44.6
2.5
11.3
39.3

5.2
19.4
.4
3.7
150.3
31.9
53.0
2.7
11.2
48.6

5.1
25.1
1.2
5.1
175.4
38.6
63.7
3.1
15.4
53.5

4.2
25.1
2.6
7.1
223.5
50.6
77.7
3.6
19.5
55.7

3.4
25.7
6.6
4.1
218.5
66.9
83.3
3.9
24.5
49.9

4.0
33.2
4.7
4.2
261.9
77.2
89.9
5.8
31.6
63.3

4.8
40.7
5.1
7.0
313.6
89.2
100.3
6.5
38.4
76.8

5.3
44.1
8.1
8.8
308.7
96.4
110.5
6.6
42.2
83.3

6.2
51.7
9.1
19.1
393.3
104.5
121.0
7.0
49.9
86.3

6.9
57.3
13.2
26.5
456.4
111.4
128.3
6.8
56.1
79.0

8.5
72.3
11.9
26.2
460.6
123.2
157.4
5.7
71.0
64.0

11.1
92.1
9.4
31.3
511.2
139.7
180.5
5.7
91.0
68.2

C. Types of assets held by state and local government funds
Billions of dollars
Type of asset
1 Total financial assets
2
3
4
5

Corporate bonds
Corporate equities
U.S. government securities
Other.
.

1977

1978

1979

1980

1981

1982

1983

1984

1985

1986

1987

1988

132.5

153.9

169.7

198.1

224.2

262.5

311.2

356.6

404.7

469.4

517.0

605.1

72 9
30.0
16.3
13.3

81 9
33.3
23.4
15 3

85 0
37.1
30.1
17 5

94 5
44.3
40.0
19.2

103 8
47.8
51.8
20.8

107.3
60.2
71.2
23.9

106 6
89.6
88.2
268

118 1
96.5
111.2
30.7

129 0
120.1
123.5
32.1

139.8
150.2
144.2
35.3

141 7
169.6
168.7
370

157 3
223.7
185.6
38.4

77. Securities credit reported by nonbank lenders subject to margin regulation, June 30, 19881
Millions of dollars
Regulation T
Type of credit

Regulation G

Total

NYSE members

Other brokers
and dealers2

Total

1 Margin accounts' '
2 "Plan lenders"4 .

29 743

11

29 754

959
515

30,713
515

3 Total3

29,743

11

29,754

1,474

31,228




223

78. Detailed debit and credit balances at brokers carrying margin accounts, June 30, 11988
Millions of dollars
Item

Amount

ASSETS
1
2
3
4

Debit balances due from public customers
Margin accounts
Cash accounts
Nonsecurities accounts
Other accounts

29,754
6,375
882
262

5 Total

,

37,273

6 Debit balances in firm investment and trading accounts
7 To be received for securities held under repurchase agreements
8 All other assets

=•
„

95,938
174,242
82,174

9 Total assets

389,627
LIABILITIES AND CAPITAL

10
11
12
13

Credit balances due to public customers
Margin accounts
Cash accounts
Nonsecurities accounts
Other accounts

11,177
15,647
3,799
1,248

*
,.

14 Total

31,871

15 Credit balances in firm investment and trading accounts

»

19 Total

65,151

4

Credit balances due on loans
16 U.S. banks
17 Foreign banks
18 Other lenders

9,065
3,157
23,111

,

35,333

20 To be repaid for securities sold under repurchase agreements
21 All other liabilities and capital

175,387
81,885

,

22 Total liabilities and capital

389,627

MEMO: Number of margin accounts
23 Debit status
24 Credit status

1,014,035
1,528,696

„

25 Total

2,542,731

79. Commitments of life insurance companies for income-property mortgages1
Period

1986.
1987.
1988
January —
February...
March
April
May
June
July
August
September.
October
November .
December..

224




Number
of
loans

Amount
committed
(millions of
dollars)

2,135
1,891
85
144
191
203
189
174
171
123
116
117
156
131

Average2
Loan
amount
(thousands
of dollars)

Contract
interest
rate
(percent)

Maturity
(years/
months)

Loanto-value
ratio
(percent)

Capitalisation rate
(percept)

24,063.9
20,951.2

11,271
11,079

9.72
9.63

9/0
8/4

71.1
71.8

9.3
9.2

1.32
1.29

10.3
10.1

872.9
2,062.9
2,386.1
2,406.3
2,083.1
1,846.0
1,836.9
1,503.9
1,375.0
1,191.4
2,376.6
2,129.3

10,269
14,325
12,493
11,854
11,022
10,609
10,742
12,227
11,853
10,183
15,235
16,254

9.90
9.59
9.48
9.55
9.62
9.79
9.86
10.04
10.10
9.94
10.03
10.02

7/3
7/10
8/0
7/9
7/9
7/6
8/0
7/7
7/4
7/11
7/5
9/6

73.8
70.9
72.8
71.9
71.7
72.5
72.4
72.4
69.6
71.1
70.7
72.6

9.2
8.9
9.0
8.9
9.1
9.3
9.2
9.0
8.9
9.1
9.3.
9.3

1.23
1.31
1.28
1.29
1.26
1.31
1.28
1.23
1.25
1.28
1.28
1.27

10.2
9.9
9.8
10.0
10.0
10.2
10.2
10.3
10.4
10.2
10.5
10.5

Debt
coverage
ratio

Percent
constant

Part 3—Notes to Tables




Notes to Tables

Part 1—Regular Tables
TABLE 1

1. Unless otherwise noted, rates of change are calculated from
average amounts outstanding in preceding month or quarter.
2. Figures incorporate adjustments for discontinuities associated with regulatory changes in reserve requirements. To adjust
required reserves for discontinuities due to regulatory changes in
reserve requirements, a multiplicative procedure is used to estimate what required reserves would have been in past periods had
current reserve requirements been in effect.
3. The monetary base not adjusted for discontinuities consists of total reserves plus required clearing balances and adjustments to compensate for float at Federal Reserve Banks plus the
currency component of the money stock plus, for institutions
whose vault cash exceeds their required reserves, the excess of
current vault cash over the amount applied to satisfy current
reserve requirements. After the introduction of contemporaneous reserve requirements (CRR), currency and vault cash figures
are measured over the weekly computation period ending Monday.
Before CRR, all components of the monetary base other than
excess reserves are seasonally adjusted as a whole, rather than by
component, and excess reserves are added on a not seasonally
adjusted basis. After CRR, the seasonally adjusted series consists
of seasonally adjusted, break adjusted total reserves, which include excess reserves on a not seasonally adjusted basis, plus the
seasonally adjusted currency component of the money stock plus,
for institutions whose vault cash exceeds their required reserves,
the seasonally adjusted, break adjusted excess of current vault
cash over the amount applied to satisfy current reserve requirements.
4. Composition of money stock and debt measures is as
follows:
Ml: (1) currency outside the U.S. Treasury, Federal Reserve
Banks, and the vaults of depository institutions; (2) travelers
checks of nonbank issuers; (3) demand deposits at all commercial banks other than those due to depository institutions, the
U.S. government, and foreign banks and official institutions less
cash items in the process of collection and Federal Reserve float;
and (4) other checkable deposits (OCDs) consisting of negotiable
order of withdrawal (NOW) and automatic transfer service
(ATS) accounts at depository institutions, credit union share
draft accounts, and demand deposits at thrift institutions. Seasonally adjusted Ml is calculated by summing currency, travelers checks, demand deposits, and OCDs, each seasonally
adjusted separately.
M2: Ml plus overnight (and continuing contract) repurchase
agreements (RPs) issued by all commercial banks and overnight
Eurodollars issued to U.S. residents by foreign branches of U.S.
banks worldwide, MMDAs, savings and small-denomination
time deposits (time deposits—including retail RPs—in amounts
of less than $100,000), and balances in both taxable and taxexempt general purpose and broker-dealer money market mutual funds. Excludes individual retirement accounts (IRA) and




Keogh balances at depository institutions and money market
funds. Also excludes all balances held by U.S. commercial
banks, money market funds (general purpose and broker-dealer), foreign governments and commercial banks, and the U.S.
government. Seasonally adjusted M2 is computed by adjusting
its non-Mi component as a whole and then adding this result to
seasonally adjusted Ml.
M3: M2 plus large-denomination time deposits and term RP
liabilities (in amounts of $100,000 or more) issued by commercial
banks and thrift institutions, term Eurodollars held by U.S.
residents at foreign branches of U.S. banks worldwide and at all
banking offices in the United Kingdom and Canada, and balances
in both taxable and tax-exempt, institution-only money market
mutual funds. Excludes amounts held by depository institutions,
the U.S. government, money market funds, and foreign banks and
official institutions. Also subtracted is the estimated amount of
overnight RPs and Eurodollars held by institution-only money
market funds. Seasonally adjusted M3 is obtained by adjusting its
non-M2 component as a whole and then adding this result to
seasonally adjusted M2.
L: M3 plus the nonbank public holdings of U.S. savings bonds,
short-term Treasury securities, commercial paper, and bankers
acceptances, net of money market fund holdings of these assets.
Seasonally adjusted L is calculated by summing U.S. savings
bonds, short-term Treasury securities, commercial paper, and
bankers acceptances, each seasonally adjusted separately, with
M3.
Debt: Debt of domestic nonfinancial sectors consists of outstanding credit market debt of the U.S. government, state and
local governments, and private nonfinancial sectors. Private debt
consists of corporate bonds, mortgages, consumer credit (including bank loans), other bank loans, commercial paper, bankers
acceptances, and other debt instruments. The source of data on
domestic nonfinancial debt is the Federal Reserve Board's flow of
funds accounts. Debt data are based on monthly averages. Growth
rates for debt reflect adjustments for discontinuities over time in
the levels of debt presented in other tables.
5. Sum of overnight RPs and overnight Eurodollars, money
market fund balances (general purpose and broker-dealer),
MMDAs, and savings and small time deposits. This sum is
seasonally adjusted as a whole.
6. Sum of large time deposits, term RPs and term Eurodollars
of U.S. residents, money market fund balances (institution-only),
less the estimated amount of overnight RPs and Eurodollars held
by institution-only money market funds. This sum is seasonally
adjusted as a whole.
7. Excludes MMDAs.
8. Small-denomination time deposits—including retail RPs—
are those issued in amounts of less than $100,000. All IRA and
Keogh account balances at commercial banks and thrift institutions are subtracted from small time deposits.
9. Large-denomination time deposits are those issued in
amounts of $100,000 or more, excluding those booked at international banking facilities.
10. Large-denomination time deposits at commercial banks less
those held by money market mutual funds, depository institutions,
and foreign banks and official institutions.

227

TABLE 2
1. Includes securities loaned—fully guaranteed by U.S. government securities pledged with Federal Reserve Banks—and excludes any securities sold and scheduled to be bought back under
matched sale-purchase transactions.
2. Amounts of currency and coin held as reserves are shown in
table 3, line 3 plus line 4.
3. Excludes required clearing balances and adjustments to
compensate for float.
TABLE 3
1. Data are prorated monthly averages of biweekly averages.
2. Excludes required clearing balances and adjustments to
compensate for float.
3. Dates refer to the maintenance periods in which the vault
cash can be used to satisfy reserve requirements. Under contemporaneous reserve requirements, maintenance periods end 30 days
after the lagged computation periods in which the balances are
held.
4. Equal to all vault cash held during the lagged computation
period by institutions having required reserve balances at Federal
Reserve Banks plus the amount of vault cash equal to required
reserves during the maintenance period at institutions having no
required reserve balances.
5. Total vault cash at institutions having no required reserve
balances less the amount of vault cash equal to their required
reserves during the maintenance period.
6. Total reserves not adjusted for discontinuities consist of
reserve balances with Federal Reserve Banks, which exclude
required clearing balances and adjustments to compensate for
float, plus vault cash used to satisfy reserve requirements. Such
vault cash consists of all vault cash held during the lagged
computation period by institutions having no required reserve
balances at Federal Reserve Banks plus the amount of vault cash
equal to required reserves during the maintenance period at
institutions having no required reserve balances.
7. Reserve balances with Federal Reserve Banks plus vault
cash used to satisfy reserve requirements less required reserves.
8. Extended credit consists of borrowing at the discount window under the terms and conditions established for the extended
credit program to help depository institutions deal with sustained
liquidity pressures. Because there is not the same need to repay
such borrowing promptly as there is with traditional short-term
adjustment credit, the money market impact of extended credit is
similar to that of nonborrowed reserves.
TABLE 4
1. Banks with assets of $1 billion or more as of December 31,
1977.
2. Brokers and nonbank dealers in securities; other depository
institutions; foreign banks and official institutions; and United
States government agencies.
TABLE 5
1. Adjustment credit is available on a short-term basis to help
depository institutions meet temporary needs for funds that cannot
be met through reasonable alternative sources. After May 19,
1986, the highest rate established for loans to depository institutions may be charged on adjustment credit loans of unusual size
that result from a major operating problem at the borrower's
facility.
Seasonal credit is available to help smaller depository institutions meet regular, seasonal needs for funds that cannot be met
through special industry lenders and that arise from a combination
of expected patterns of movement in their deposits and loans. A
temporary simplified seasonal program was established on March
8, 1985, and the interest rate was a fixed rate '/2 percent above the

228



rate on adjustment credit. The program was reestablished for 1986
and 1987 but was not renewed for 1988. See sections 201.3 (a) and
201.3 (b)(l) of Regulation A.
2. Extended credit is available to depository institutions, where
similar assistance is not reasonably available from other sources,
when exceptional circumstances or practices involve only a particular institution or when an institution is experiencing difficulties
adjusting to changing market conditions over a longer period of
time. See section 201.3 (b)(2) of Regulation A.
3. For extended-credit loans outstanding more than 30 days, a
flexible rate somewhat above rates on market sources of funds
ordinarily will be charged, but in no case will the rate charged be
less than the basic discount rate phH 50 basis points. The flexible
rate is reestablished on the first business day of each two-week
reserve maintenance period. At the discretion of the Federal
Reserve Bank, the time period for which the basic discount rate is
applied may be shortened.
TABLE 6
1. Reserve requirements in effect on December 31, 1988. Required reserves must be held in the form of deposits with Federal
Reserve Banks or vault cash. Nontiiembers may maintain reserve
balances with a Federal Reserve Bank indirectly on a pass-through
basis with certain approved institutions. For previous reserve
requirements, see earlier editions of the Annual Report and of the
Federal Reserve Bulletin. Under provisions of the Monetary
Control Act, depository institutions include commercial banks,
mutual savings banks, savings and loan associations, credit
unions, agencies and branches of foreign banks, and Fdge corporations.
2. The Garn-St Germain Depository Institutions Act of 1982
(Public Law 97-320) requires that $/ million of reservable liabilities (transaction accounts, nonpersonal time deposits, and Eurocurrency liabilities) of each depository institution be subject to a
zero percent reserve requirement. The Board is to adjust the
amount of reservable liabilities subject to this zero percent reserve
requirement each year for the succeeding calendar year by 80
percent of the percentage increase in the total reservable liabilities
of all depository institutions, measured on an annual basis MS of
June 30. No corresponding adjustment is to be made in the event
of a decrease. On December 20, 1988, the exemption was raised
from $3.2 million to $3.4 million. In determining the reserve
requirements of depository institutions, the exemption shall apply
in the following order: (1) net NOW accounts (NOW accounts less
allowable deductions); (2) net other transaction accounts; and (3)
nonpersonal time deposits or Eurocurrency liabilities starting with
those with the highest reserve ratio. With respect to NOW
accounts and other transaction accounts, the exemption applies
only to such accounts that would be subject to a 3 percent reserve
requirement.
3. Transaction accounts include all deposits on which the
account holder is permitted to make withdrawals by negotiable or
transferable instruments, payment orders of withdrawal, and telephone and preauthorized transfers in excess of three per month for
the purpose of making payments to third persons or others.
However, MMDAs and similar accounts subject to the rules that
permit no more than six preauthorized, automatic, or other
transfers per month, of which no more than three can be checks,
are not transaction accounts (such accounts are savings deposits
subject to time deposit reserve requirements).
4. The Monetary Control Act of 1980 requires that the amount
of transaction accounts against which the 3 percent reserve
requirement applies be modified annually by 80 percent of the
percentage increase in transaction accounts held by all depository
institutions, determined as of June 30 sach year. Effective December 20, 1988 for institutions reporting quarterly and December 27,
1988 for institutions reporting weekly, the amount was increased
from $40.5 million to $41.5 million.
5. In general, nonpersonal time deposits are time deposits,
including savings deposits, that are not transaction accounts and in
which a beneficial interest is held by a depositor that is not a
natural person. Also included are certain transferable time depos-

its held by natural persons and certain obligations issued to
depository institution offices located outside the United States.
For details, see section 204.2 of Regulation D.
TABLE 7
1. These regulations adopted by the Board of Governors of the
Federal Reserve System, pursuant to the Securities Exchange Act
of 1934, limit the amount of credit to purchase and carry "margin
securities" (as defined in the regulations) when such credit is
collateralized by securities. Margin requirements on securities
other than options are the difference between the market value
(100 percent) and the maximum loan value of collateral as prescribed by the Board.
Special margin requirements for bonds convertible into stocks
were adopted by the Board of Governors effective March 11, 1968.
On January 1, 1977, the Board of Governors for the first time
established in Regulation T the initial margin required for writing
options on securities, setting it at 30 percent of the current market
value of the stock underlying the option. On September 30, 1985,
the Board changed the required initial margin, allowing it to be the
same as the option maintenance margin required by the appropriate exchange or self-regulatory organization; such maintenance
margin rules must be approved by the Securities and Exchange
Commission. Effective June 8, 1988 margins were set to be the
price of the option plus 20 percent of the market value of the stock
underlying the option (or 15 percent in the case of stock-index
options).
TABLE 8
1. Sales, redemptions, and negative figures reduce holdings of
the System Open Market Account; all other figures increase such
holdings. Details may not add to totals because of rounding.
2. In July 1984 the Open Market Trading Desk discontinued
accepting bankers acceptances in repurchase agreements.
TABLE 9-A
1. Includes securities loaned—fully guaranteed by U.S. Treasury securities pledged with Federal Reserve Banks—and excludes securities sold and scheduled to be bought back under
matched sale-purchase transactions.
2. Valued monthly at market exchange rates.
3. Includes special investment account at the Federal Reserve
Bank of Chicago in Treasury bills maturing within 90 days.
4. Includes exchange-translation account reflecting the monthly
revaluation at market exchange rates of foreign-exchange commitments.
TABLE 9-B
1. Federal Reserve notes held by the Reserve Bank are exempt
from the collateral requirement.
TABLE 9-C
1. Holdings under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the
agreements.
TABLE 10
1. Represents accounts of individuals, partnerships, and corporations, and of states and political subdivisions.
2. Accounts authorized for negotiable orders of withdrawal
(NOW) and accounts authorized for automatic transfer to demand
deposits (ATS). ATS data are available beginning December 1978.




3. Excludes ATS and NOW accounts, MMDA and special club
accounts, such as Christmas and vacation clubs.
4. Money market deposit accounts.
SOURCE. Data for demand deposits are available beginning 1970
estimated in part from the debits series for 233 SMSAs that were
available through June 1977. Data for ATS and NOW accounts and
savings deposits are available beginning July 1977. Back data are
available on request from the Banking Section, Division of Monetary Affairs, Board of Governors of the Federal Reserve System,
Washington, D.C. 20551.
TABLE 11
1. Composition of the money stock measures and debt is as
follows:
Ml: (1) currency outside the Treasury, Federal Reserve
Banks, and the vaults of depository institutions; (2) travelers
checks of nonbank issuers; (3) demand deposits at all commercial banks other than those due to depository institutions, the
U.S. government, and foreign banks and official institutions less
cash items in the process of collection and Federal Reserve float;
and (4) other checkable deposits (OCDs) consisting of negotiable
order of withdrawal (NOW) and automatic transfer service
(ATS) accounts at depository institutions, credit union share
draft accounts, and demand deposits at thrift institutions. Seasonally adjusted Ml is calculated by summing currency, travelers checks, demand deposits, and OCDs, each seasonally
adjusted separately,
M2: Ml plus overnight (and continuing contract) repurchase
agreements (RPs) issued by all commercial banks and overnight
Eurodollars issued to U.S. residents by foreign branches of U.S.
banks worldwide, Money Market Demand Accounts (MMDAs),
savings and small-denomination time deposits (time depositsincluding retail RPs—in amounts of less than $100,000), and
balances in both taxable and tax-exempt general purpose and
broker-dealer money market mutual funds. Excludes individual
retirement accounts (IRA) and Keogh balances at depository
institutions and money market funds. Also excludes all balances
held by U.S. commercial banks, money market mutual funds
(general purpose and broker-dealer), foreign governments and
commercial banks, and the U.S. government. Seasonally adjusted
M2 is computed by adjusting its non-Mi component as a whole and
then adding this result to seasonally adjusted Ml.
M3: M2 plus large-denomination time deposits and term RP
liabilities (in amounts of $100,000 or more) issued by commercial
banks and thrift institutions, term Eurodollars held by U.S.
residents at foreign branches of U.S. banks worldwide and at all
banking offices in the United Kingdom and Canada, and balances
in both taxable and tax-exempt, institution-only money market
mutual funds. Excludes amounts held by depository institutions,
the U.S. government, money market mutual funds, and foreign
banks and official institutions. Also subtracted is the estimated
amount of overnight RPs and Eurodollars held by institution-only
money mutual funds. Seasonally adjusted M3 is obtained by
adjusting its non-M2 component as a whole and then adding this
result to seasonally adjusted M2.
L: M3 plus the nonbank public holdings of U.S. savings bonds,
short-term Treasury securities, commercial paper, and bankers
acceptances, net of money market mutual fund holdings of these
assets. Seasonally adjusted L is calculated by summing savings
bonds, short-term Treasury securities, commercial paper, and
bankers acceptances, each seasonally adjusted separately, to
seasonally adjusted M3.
Debt: Debt of domestic nonfinancial sectors consists of outstanding credit market debt of the U.S. government, state and
local governments, and private nonfinancial sectors. Private debt
consists of corporate bonds, mortgages, consumer credit (including bank loans), other bank loans, commercial paper, bankers
acceptances, and other debt instruments. The source of data on
domestic nonfinancial debt is the Federal Reserve Board's flow of
funds accounts. Debt data are based on monthly averages.
2. Currency outside the U.S. Treasury, Federal Reserve
Banks, and vaults of depository institutions.

229

3. Outstanding amount of U.S. dollar-denominated travelers
checks of nonbank issuers. Travelers checks issued by depository
institutions are included in demand deposits,
4. Demand deposits at commercial banks and foreign-related
institutions other than those due to depository institutions, the
U.S. government, and foreign banks and official institutions, less
cash items in the process of collection and Federal Reserve float.
5. Consists of NOW and ATS balances at all depository
institutions, credit union share draft balances, and demand deposits at thrift institutions.
6. Sum of overnight RPs and overnight Eurodollars, money
market fund balances (general purpose and broker-dealer),
MMDAs, and savings and small time deposits. This sum is
seasonally adjusted as a whole.
7. Sum of large time deposits, term RPs and term Eurodollars
of U.S. residents, money market fund balances (institution-only),
less the estimated amount of overnight RPs and Eurodollars held
by institution-only money market funds.
8. Savings deposits exclude MMDAs.
9. Consists of overnight and continuing contract RPs issued by
commercial banks to other than depository institutions and money
market mutual funds (general purpose and broker-dealer), and
overnight Eurodollars issued by foreign branches of U.S. banks
world-wide to U.S. residents other than depository institutions
and money market mutual funds (general purpose and brokerdealer).
10. Small-denomination time deposits—including retail RPs—
are those issued in amounts of less than $100,000, All individual
retirement accounts (IRA) and Keogh balances at commercial
banks and thrifts are subtracted from small time deposits.
11. Large-denomination time deposits are those issued in
amounts of $100,000 or more, excluding those booked at international banking facilities,

5. Reflects actual reserve requirements, with no adjustments to
eliminate the effects of discontinuities associated with regulatory
changes in reserve requirements.
TABLE 13
1. All commercial banks include Domestically chartered insured
banks, U.S. branches and agencies of foreign banks, New York
investment companies majority owned by foreign banks, and Edge
act corporations owned by domestically chartered and foreign
banks. Data are prorated averages of Wednesday estimates for
domestically chartered insured banks, based on weekly reports of
a sample of domestically chartered insured banks and quarterly
reports of all domestically chartered insured banks. Through June
1981 data for foreign-related institutions are averages of monthend estimates based on weekly reports from large agencies and
branches and quarterly reports from all agencies, branches, investment companies, and Edge act corparations engaged in banking,
Beginning July 1981 data are prorated averages of Wednesday
data.
2. As of February 4, 1981, as tho result of the absorption of a
nonbank affiliate by a large commercial bank, total loans and
securities were increased $1.0 billion; total loans and leases, $1.0
billion; commercial and industrial Ipans, $0.5 billion; real estate
loans, $0.1 billion; nonbank financial loans, $0.1 billion; and lease
financing receivables, $0.2 billion.
3. Beginning April 1, 1981, an accounting procedure change by
one bank reduced commercial and industrial loans $0.1 billion.
4. Beginning December 1981, shifts of foreign loans and securities from U.S. banking offices to international banking facilities
(IBFs) reduced the levels of several items. The accompanying
table shows the cumulative, not Seasonally adjusted amounts
shifted to the IBFs for each month from December 1981 to
December 1982 on a monthly average basis, for each item affected.

TABLE 12
1. Figures incorporate adjustments for discontinuities associated with regulatory changes to reserve requirements. To adjust
required reserves for discontinuities due to regulatory changes in
reserve requirements, a multiplicative procedure is used to estimate what required reserves would have been in past periods had
current reserve requirements been in effect.
2. Total reserves not adjusted for discontinuities consist of
reserve balances with Federal Reserve Banks, which exclude
required clearing balances and adjustments to compensate for
float, plus vault cash held during the lagged computation period by
institutions having required reserve balances at Federal Reserve
Banks plus the amount of vault cash equal to required reserves
during the maintenance period at institutions having no required
reserve balances.
3. Extended credit consists of borrowing at the discount window under the terms and conditions established for the extended
credit program to help depository institutions deal with sustained
liquidity pressures. Because there is not the same need to repay
such borrowing promptly as there is with traditional short-term
adjustment credit, the money market impact of extended credit is
similar to that of nonborrowed reserves.
4. The monetary base not adjusted for discontinuities consists
of total reserves plus required clearing balances and adjustments
to compensate for float at Federal Reserve Banks and the currency
component of the money stock plus, for institutions whose vault
cash exceeds their required reserves, the excess of current vault
cash over the amount applied to satisfy current reserve requirements. Currency and vault cash figures are measured over the
weekly computation period ending Monday.
The seasonally adjusted, break-adjusted monetary base consists
of seasonally adjusted, break-adjusted total reserves, which include excess reserves on a not seasonally adjusted basis, plus the
seasonally adjusted currency component of the money stock plus,
for institutions whose vault cash exceeds their required reserves,
the seasonally adjusted, break-adjusted excess of current vault
cash over the amount applied to satisfy current reserve requirements.

230



Cumulative Assets Shifted to International Banking Facilities
Monthly averages, not seasonally adjusted
Billions of dollars, all commercial banks

1982

1981
Dec.

Total loans and securities —
Other securities
Total loans and leases
Commercial and
industrial to
non-U.S. addressees..
Foreign banks
Foreign official
institutions
All other loans

Jan,

Feb. Mar. Apr. May June

15.3 29.S 31.0 31.8 32.5 32.8 33.1
6
6
6
6
3
6
6
15.0 29.£ 30.4 31.2 31.8 32.1 32.5
7.3
37

13.$

74

14.2
78

14.6
81

14.9
8.3

15,0
84

15.1
86

34

69
I.I

72
1.1

73
1.1

7 *>
1.1

76
1.2

77
1.2

.7

1982
July Aug. Sept, Oct. Nov. Dec.
Total loans and securities
Other securities
Total loans and leases
Commercial and industrial t 0
non-U.S. addressees ..
Foreign banks
Foreign official institutions . . .
All other loans

3^4

33.8 34,0 34.3 34.6 35,0
.6
.6
.6
.6
.6
.6
32.1 33.1 33.4 33.7 34.0 34.4
15.2
8.6
7.7
1.2

15.4
8.7
7.8
1.2

15.5
8,7
7.9
1.2

15,7
8.8
8.1
1.2

15.7
8,8
8.2
1.2

15.8
9.0
8.3
1.2

5. Adjusted to exclude loans to federal funds sold to commercial
banks.
6. Includes nonfinancial commercial paper.
7. Includes the 50 states and the District of Columbia.
8. Beginning February 24, 1982, because of the merger of a
mutual savings bank with a commercial bank, total loans and
securities increased $1.0 billion; U.S. government securities and
other securities each increased $0.1 billion; total loans and leases
increased $0.8 billion; and real estate loans increased $0.7
billion.
9. Beginning March 17, 1982, because of the merger of u
commercial bank with a mutual savings bank, total loans and

securities increased $0.6 billion; U.S. government securities and
other securities each increased $0.1 billion; total loans and leases
and real estate loans each increased $0.4 billion.
10. Beginning September 29, 1982, as the result of reclassifications, total loans and leases were reduced $0.1 billion; real estate
loans increased $0.3 billion; and commercial and industrial loans
and other securities each increased $0.1 billion. Nonbank financial
loans and all other loans decreased $0.3 billion and $0.1 billion
respectively.
11. Beginning January 5, 1983, as the result of ^classifications,
real estate loans increased while loans to individuals decreased
$0.2 billion.
12. Beginning January 12, 1983, real estate loans increased $0.4
billion; and loans to individuals and all other loans each decreased
$0.2 billion because of loan ^classifications.
13. Beginning January 26, 1983, total loans and leases, and
commercial and industrial loans to U.S. addressees decreased $0.2
billion. Other securities increased $0.2 billion because of reclassification.
14. Beginning February 2, 1983, commercial and industrial
loans decreased and real estate loans increased $0.5 billion as the
result of a loan reclassification.
15. Beginning October 5, 1983, because of ^classifications,
commercial and industrial loans to non-U.S. addressees increased
$0.3 billion, while all other loans were reduced the same amount.
16. As of October 19, 1983, as the result of a merger and sale of
loans, total loans and securities, total loans and leases, and all
other loans each decreased $1.0 billion.
17. Beginning January 4, 1984, several definitional changes
occurred in the bank credit series.
A. Other assets in trading accounts were shifted out of total
loans and leases into other securities. Other securities decreased $2.2 billion; total loans and leases increased $1.6
billion, of which $1.2 billion came from bankers acceptances
held and $0.4 billion from nonbank financial loans.
B. Loans to state and political subdivisions were shifted from
other securities to total loans and leases. Other securities
decreased and total loans and leases increased $33.2 billion.
C. U.S. agency securities held in trading accounts were shifted
from other securities to U.S. government securities. Other
securities were reduced $2.0 billion; and U.S. government
securities increased the same amount.
D. Domestically chartered noninsured commercial banks were
eliminated from the series. Total loans and securities were
reduced $1.3 billion; U.S. government securities, $0.1 billion;
other securities, $0.3 billion; and total loans and leases, $0.8
billion. Commercial and industrial loans decreased $0.3 billion; real estate loans, $0.4 billion; and all other loans, $0.2
billion.
18. Beginning January 4, 1984, commercial and industrial loans
to U.S. addressees increased $0,2 billion; real estate loans increased $0.1 billion; and loans to individuals decreased $0.3 billion
because of loan ^classifications.
19. Beginning September 19, 1984, a reclassification of loans
raised real estate loans $0.2 billion and lowered commercial and
industrial loans to U.S. addressees $0.2 billion.
20. Beginning September 26, 1984, a transfer of loans from
Continental Illinois National Bank to the FDIC reduced total loans
and securities and total loans and leases $1.9 billion. Commercial
and industrial loans to U.S. addressees decreased $1.4 billion and
real estate loans, $0.4 billion; loans to individuals and nonbank
financial loans each decreased $0.1 billion.
21. Beginning December 26, 1984, commercial and industrial
loans to U.S. addressees increased $0.4 billion, while all other
loans decreased $0.4 billion because of ^classifications.
22. Beginning January 23, 1985, nonbank financial loans decreased $0.1 billion. All other loans increased $0.1 billion because
of reclassifications.
23. Beginning March 27, 1985, loans to foreign governments
increased $0.2 billion because of loan reclassifications, while loans
to foreign banks declined $0.2 billion.
24. Beginning April 24, 1985, commercial and industrial loans to
U.S. addressees increased $0.2 billion because of loan reclassifications. All other loans decreased $0.2 billion.




25. Beginning June 12, 1985, reclassifications increased loans to
state and political subdivisions $0.1 billion and reduced real estate
loans $0.1 billion.
26. Beginning June I I , 1986, nonbank financial loans were
increased $0.2 billion and all other loans were reduced $0.2 billion
because of loan reclassifications.
27. Beginning July 16, 1986, the closing of a domestically
chartered bank reduced total loans and leases, $0.3 billion; commercial and industrial loans to U.S. addressees, $0.2 billion; and
real estate loans, $0.1 billion, as the FDIC acquired some of the
bank's assets.
28. Beginning September 3, 1986, commercial and industrial
loans to U.S. addressees increased $0,1 billion while real estate
loans declined $0.1 billion because of reclassifications of loans.
29. Beginning September 29, 1986, because of the merger of a
commercial bank with a savings and loan, total loans and securities
increased $1.0 billion; total loans and leases increased $0.9 billion;
other securities increased $0.1 billion and real estate loans increased $0.8 billion.
30. Beginning September 29, 1986, total loans and leases increased $1.1 billion; commercial and industrial loans to U.S.
addressees increased $0.2 billion; and lease financing receivables
increased $0.8 billion because of the acquisition of a leasing
corporation by a commercial bank.
31. Beginning November 26, 1986, because of the merger of a
commercial bank with a savings association, total loans and
securities increased $0.7 billion; total loans and leases increased
$0.5 billion; U.S. government securities and other securities each
increased $0.1 billion; real estate loans increased $0.4 billion; and
loans to individuals increased $0.1 billion.
32. Beginning January 7, 1987, because of the acquisition of a
mortgage company by a commercial bank, total loans and leases
and real estate loans each increased $0.4 billion.
33. Beginning February 25, 1987, total loans and leases and real
estate loans decreased $0.3 billion because of loan sales.
34. Beginning March 25, 1987, loans to individuals were reduced $0.2 billion because of an accounting change procedure at
one bank.
35. Beginning May 20, 1987, consumer loans decreased and real
estate loans increased $0.2 billion because of loan reclassifications.
36. Beginning June 10, 1987, total loans and leases and loans to
individuals each decreased $0.6 billion, reflecting loan sales to a
nonbank purchaser.
37. Beginning June 17, 1987, loan reclassifications increased
real estate loans, $2.3 billion; reduced consumer loans, $2.1
billion; reduced loans to nonbank financial institutions, $0.1 billion; and reduced commercial and industrial loans to U.S. addressees, $0.2 billion.
38. Beginning September 2, 1987, the purchase of credit card
receivables by a commercial bank increased loans to individuals,
$0.6 billion.
39. Beginning October 7, 1987, absorption of a nonbank affiliate
by a commercial bank increased total loans and leases ,$1.9 billion;
real estate loans, $1.8 billion; and commercial and industrial loans
to U.S. addressees, $0.1 billion.
40. Beginning November 18, 1987, total loans and leases and
loans to individuals were reduced $0.5 billion because of a sale of
loans to nonbanks.
41. Beginning December 23, 1987, the conversion of a mutual
savings bank to a commercial bank increased total loans and securities,
$1.0 billion; total loans and leases, $0.8 billion; commercial and
industrial loans to U.S. addressees, $0.1 billion; real estate loans, $0.4
billion; loans to individuals, $0.3 billion; U.S. government securities,
$0.1 billion; and other securities, $0.2 billion.
42. Beginning January 6, 1988, because of reclassifications,
commercial and industrial loans to U.S. addressees reduced $0.3
billion; loans to individuals, $0.4 billion; and loans to nonbank
financial institutions $0.5 billion. Real estate loans increased $0.7
billion; and all other loans, $0.5 billion.
43. Beginning April 6, 1988, total loans and leases and commercial and industrial loans to U.S. addressees increased $1.3 billion
because of a clarification of instructions concerning the reporting
of certain loan sales on the quarterly report of condition.

231

44. Beginning May 11, 1988, loans to individuals reduced $0.2
billion and commercial and industrial loans to U.S. addressees
increased the same amount because of loan reclassifications.
45. Beginning May 18, 1988, reclassifications increased commercial and industrial loans to U.S. addressees $0.5 billion and
reduced loans to individuals $0.5 billion.
46. Beginning June 15, 1988, loans to individuals and agricultural loans each decreased $0.2 billion, while commercial and
industrial loans to U.S. addressees increased $0.3 billion and all
other loans increased $0.1 billion because of a computer conversion by one bank.
47. Beginning July 6, 1988, commercial and industrial loans to
U.S. addressees reduced $0.1 billion and loans to nonbank financial
institutions increased $0.1 billion because of loan reclassifications.
48. Beginning September 14, 1988, total loans and leases and
real estate loans each increased $0.1 billion because of the merger
of a commercial bank with a savings and loan institution.
49. Beginning October 5, 1988, total loans and leases and loans
to individuals each increased $0.2 billion as the result of loan
reclassifications.
50. Beginning October 12, 1988, total loans and leases and loans
to individuals each increased $0.1 billion because of a reclassification.
51. Beginning November 2, 1988, total loans and leases decreased $1.6 billion; loans to individuals, $1.0 billion; and commercial and industrial loans to U.S. addressees, $0.6 billion
because of a sale of assets to a nonbank by one bank.
TABLE 14

1. Commercial banks are those in the 50 states and the District
of Columbia with national or state charters plus agencies and
branches of foreign banks, New York investment companies
majority owned by foreign banks, and Edge Act corporations
owned by domestically chartered and foreign banks.
2. Includes federal funds, RPs, and other borrowing from
nonbanks and net balances due to related foreign offices.
3. Reflects net positions of U.S. chartered banks, Edge Act
corporations, and U.S. branches and agencies of foreign banks
with related foreign offices plus net positions with own IBFs.
4. Other borrowings are borrowings through any instrument,
such as a promissory note or due bill, given for the purpose of
borrowing money for the banking business. This includes borrowings from Federal Reserve Banks and from foreign banks, term
federal funds, loan RPs, and sales of participations in pooled loans.
5. Based on daily average data reported weekly by approximately 120 large banks and quarterly or annual data reported by
other banks.
6. Figures are partly daily averages and partly averages of
Wednesday data.
7. Time deposits in denominations of $100,000 or more. Estimated averages of daily data.
8. U.S. Treasury demand deposits and Treasury tax-and-loan
notes at commercial banks. Averages of daily data.

are based on weekly reports fronj a sample of weekly reporting
banks and quarter-end universe data.
3. Memorandum items for real estate loans; revolving and
other, are shown as separate breakdowns for the first time
beginning June 1987.
TABLE 16

1. Beginning January 6, 1988, the ""Large bank" repotting
group was revised somewhat, eliminating some former reporters
with less than $2 billion in assets and adding some new reporters
with assets greater than $3 billion.
2. Includes U.S. government-isiued or guaranteed certificates
of participation in pools of residental mortgages.
3. Includes securities purchased under agreements to resell,
4. Includes allocated transfer rink reserve.
5. Includes federal funds purch^ed and securities sold under
agreements to repurchase.
6. This is not a measure of eqa'ty capital for use in capitaladequacy analysis or for other analytic uses.
7. Exclusive of loans and federal funds transactions with domestic commercial banks.
8. Includes U.S. Treasury securities with remaining maturities
of one year or less that are reported above in trading and
investment accounts.
9. Loans sold are those sold outright to a bank's own foreign
branches, nonconsolidated nonbar;H affiliates of the bank, the
bank's holding company (if not ii bank), and nonconsolidated
nonbank subsidiaries of the holding company.
10. These amounts represent accumulated adjustments originally made to offset the cumulative effects of mergers. They
should be added to outstanding data for any date in the year to
establish comparability with data it the subsequent year. For a
description of the adjustment process, see Banking ami Monetary
Statistics, 1941-1970, pages 148-49.
TABLE 17

1. Effective January 1, 1986, the reporting panel includes 65
U.S. branches and agencies of foreign banks that had assets of
$750 million or more on June 30, 11980, plus those branches and
agencies that had reached the $750 million asset level on December
31, 1984.
2. Includes securities purchased Under agreements to resell.
3. Consists of credit balances, demand deposits, and other
checkable deposits.
4. Consists of savings deposits, money market deposit accounts, and time deposits.
5. Includes securities sold under agreements to repurchase.
6. Excludes loans made and federal funds sold to commercial
banks in the United States.
TABLE 18

TABLE 15

1. All commercial banking institutions include domestically
chartered insured commercial banks, agencies and branches of
foreign banks, Edge act and agreement corporations owned by
domestically chartered and foreign banks, and New York State
investment companies majority owned by foreign banks. Data for
domestically chartered insured commercial banks (partly estimated) are for the last Wednesday of the month. Data for
foreign-related institutions are based on weekly reports from large
agencies and branches of foreign banks and on quarter-end condition reports for investment companies and Edge act and agreement
corporations engaged in banking.
2. Domestically chartered commercial banks include all member banks and insured nonmember banks. They include all bankpremises subsidiaries and other significant majority-owned domestic subsidiaries. Data are for the last Wednesday of the month, and

232



1. Estimates of gross deposits are based on reports supplied by
a sample of commercial banks and include cash items in process of
collection. Types of depositors in each category are described in
the Federal Reserve Bulletin, vol. $1 (June 1971), p. 465 except
that financial business deposits and. by implication, total gross
demand deposits were redefined beginning 1985:1 to exclude
demand deposits due to thrift institutions.
TABLE 19

1. Institutions engaged primarily in commercial, savings, and
mortgage banking; sales, personal, and mortgage financing; factoring, finance leasing, and other business lending; insurance underwriting; and other investment activities.
2. Includes all financial company paper sold by dealers in the
open market.

3. As reported by financial companies that place their paper
directly with investors.
4. Includes public utilities and firms engaged primarily in activities such as communications, construction, manufacturing, mining, wholesale and retail trade, transportation and services.
TABLE 20
1. The prime rate is one of several base rates that banks use to
price short-term business loans. The table shows the date on which
a new rate came to be the predominant one quoted, rather than the
date on which the first bank made a change in the rate.
TABLE 21
1. The survey of terms of bank lending to business collects data
on gross loan extensions made during the first full business week
in the mid-month of each quarter by a sample of 340 commercial
banks of all sizes. A subsample of 250 banks also reports loans to
farmers. The sample data are blown up to estimate the lending
terms at all insured commercial banks during that week. The
estimated terms of bank lending are not intended for use in
collecting the terms of loans extended over the entire quarter or
residing in the portfolios of those banks. Construction and land
development loans include both unsecured loans and loans secured by real estate. Thus, some of the construction and land
development loans would be reported on the statement of condition as real estate loans and the remainder as business loans.
Mortgage loans, purchased loans, foreign loans, and loans of less
than $1,000 are excluded from the survey.
As of December 31, 1988, assets of most of the large banks were
at least $6.0 billion. For all insured banks total assets averaged
$220 million.
2. Average maturities are weighted by loan size and exclude
demand loans.
3. Effective (compounded) annual interest rates are calculated
from the stated rate and other terms of the loan and weighted by
loan size.
4. The chances are about two out of three that the average rate
shown would differ by less than this amount from the average
rate that would be found by a complete survey of lending at all
banks.
5. The interquartile range shows the interest rate range that
encompasses the middle 50 percent of the total dollar amount of
loans made.
6. The most common base rate is that rate used to price the
largest dollar volume of loans. Base pricing rates include the prime
rate (sometimes referred to as a bank's "basic" or "reference"
rate); the federal funds rate: domestic money market rates other
than the federal funds rate; foreign money market rates; and other
base rates not included in the foregoing classifications.
7. Overnight loans are loans that mature on the following
business day.
8. Demand loans have no stated date of maturity.
9. Nominal (not compounded) annual interest rates are calculated from survey data on the stated rate and other terms of the
loan and weighted by loan size.
10. The prime rate reported by each bank is weighted by the
volume of loans extended and then averaged.
11. The proportion of loans made at rates below prime may vary
substantially from the proportion of such loans outstanding in
banks' portfolios.
12. Among banks reporting loans to farmers (table C), most
"large banks" (survey strata 1 to 3) had over $600 million in total
assets, and most "other banks" (survey strata 4 to 6) had total
assets below $600 million.
TABLE 22
1. Weekly, monthly, and annual figures are averages of all
calendar days, where the rate for a weekend or holiday is taken to




be the rate prevailing on the preceding business day. The daily rate
is the average of the rates on a given day weighted by the volume
of transactions at these rates. Weekly figures are averages for the
statement week ending Wednesday.
2. Rate for the Federal Reserve Bank of New York.
3. Unweighted average of offering rates quoted by at least five
dealers (in the case of commercial paper) or finance companies (in
the case of finance paper).
4. Yields are quoted on a bank-discount basis, rather than on
an investment-yield basis, which would give a higher figure.
5. Dealer closing offered rates for top-rated banks. Most
representative rate (which may be, but need not be, the average of
the rates quoted by dealers).
6. Unweighted average of offered rates quoted by at least five
dealers early in the day.
7. Calendar week average. For indication purposes only.
8. Unweighted average of closing-bid rates quoted by at least
five dealers.
9. Rates are recorded in the week in which bills are issued.
10. Yields are based on closing bid prices quoted by at least five
dealers.
11. Yields adjusted to constant maturities by the U.S. Treasury.
That is, yields are read from a yield curve at fixed maturities.
Based on only recently issued, actively traded securities.
12. Average yields (to maturity or call) for all outstanding bonds
neither due nor callable in less than 10 years, including one very
low yielding "flower" bond.
13. General obligations based on Thursday figures; Moody's
Investors Service.
14. General obligations only, with 20 years to maturity, issued
by 20 state and local governmental units of mixed quality. Based
on figures for Thursday.
15. Daily figures from Moody's Investors Service. Based on
yields to maturity on selected long-term bonds.
16. Compilation of the Federal Reserve. This series is an
estimate of the yield on recently offered, A-rated utility bonds with
a 30-year maturity and 5 years of call protection. Weekly data are
based on Friday quotations.
17. Standard and Poor's corporate series. Preferred stock ratio
based on a sample of ten issues: four public utilities, four industrials, one financial, and one transportation. Common stock ratios
on the 500 stocks in the price index.
TABLE 23
1. Beginning January 25, 1984, Standard and Poor's Corporation rebased the transportation index making 1982 = 100,
rather than 10. Data from 1974 only are available on this new
basis.
2. Free credit balances are in accounts with no unfulfilled
commitments to the brokers and are subject to withdrawal by
customers on demand.
TABLE 24-A
1. Centra-assets are credit-balance accounts that must be subtracted from the corresponding gross asset categories to yield net
asset levels. Contra-assets to mortgage loans, contracts, and
pass-through securities include loans in process, unearned discounts and deferred loan fees, valuation allowances for mortgages
"held for sale," and specific reserves and other valuation allowances.
2. Contra-assets are credit-balance accounts that must be subtracted from the corresponding gross asset categories to yield net
asset levels. Contra-assets to nonmortgage loans include loans in
process, unearned discounts and deferred loan fees, and specific
reserves and valuation allowances.
3. Holding of stock in Federal Home Loan Bank and Finance
leases plus interest are included in "Other" (line 9).
SOURCE. FSLIC-insured institutions: Estimates by the FHLBB
for all institutions insured by the FSLIC and based on the FHLBB
thrift Financial Report.

233

TABLE 24-B

1. Centra-assets are credit-balance accounts that must be subtracted from the corresponding gross asset categories to yield net
asset levels. Contra-assets to mortgage loans, contracts, and
pass-through securities include loans in process, unearned discounts and deferred loan fees, valuation allowances for mortgages
"held for sale," and specific reserves and other valuation allowances.
2. Contra-assets are credit-balance accounts that must be subtracted from the corresponding gross asset categories to yield net
asset levels. Contra-assets to nonmortgage loans include loans in
process, unearned discounts and deferred loan fees, and specific
reserves and valuation allowances,
3. Holding of stock in Federal Home Loan Banks are included
in "Other" (line 10).
SOURCE, FSLlC-insured federal savings banks: Estimates by
FHLBB for all institutions insured by the FSLIC and based on the
FHLBB thrift Financial Report.

interest payable to the public; allocations of special drawing
rights; deposit funds; miscellaneous liability (including checks
outstanding) and asset accounts; seigniorage; increment on gold;
net gain or loss for U.S. currency valuation adjustment; net gain
or loss for IMF loan-valuation adjustment; and profit on sale of
gold.
SOURCE. Monthly Treasury Statement of Receipts and Outlays
of the U.S. Government.
TABLE 26-A

1. Old-age, disability and hospital insurance, and railroad retirement accounts.
2. Federal employee retirement contributions and civil service
retirement and disability fund.
3. Deposits of earnings by Federal Reserve Banks and other
miscellaneous receipts.
SOURCE. U.S. Department of the Treasury, Monthly Treasury
Statement of Receipts and Outlays of the U.S. Government.

TABLE 24-C
TABLE 26-B

1. Data include obligations of U.S. government agencies.
2. Item includes securities of foreign governments and international organizations.
3. Excludes checking, club, and school accounts.
SOURCE. Estimates are by the National Council of Savings
Institutions for all savings banks in the United States, and for
FDIC-insured savings banks that have converted to federal savings banks.

1. Functional details may not add to total outlays for calendar
year data because revisions to monthly outlay totals have not been
distributed among functions.
2. Includes interest received by trust funds.
3. Consists of rents and royalties on the outer continental shelf,
U.S. government contributions for employee retirement, and the
sale of major assets.
SOURCE. U.S. Department of the Treasury, Monthly Treasury
Statement of Receipts and Outlays of the U.S. Government.

TABLE 24-D

SOURCE. Estimates are by the National Credit Union Administration based on a group of federal and federally insured state
credit unions serving natural persons. Figures are preliminary and
are revised annually to incorporate recent benchmark data.
TABLE 24-E

1. Direct and guaranteed obligations. Excludes federal agency
issues not guaranteed, which are shown in this table under
"Business" securities (line 6).
2. Issues of foreign governments and their subdivisions and
bonds of the International Bank for Reconstruction and Development.
SOURCE. Estimates are by the American Council of Life Insurance for all life insurance companies in the United States. Annual
figures are annual-statement asset values, with bonds carried on an
amortized basis and stocks at year-end market values. Adjustments for interest due and accrued and for differences between
market and book values are not made on each item separately but
are included, in total, in "Other assets."
TABLE 25
1. FY 1988 total outlays and deficit do not correspond to the
data in The Budget of the U.S. Government Fiscal Year 7990,
because of subsequent minor revisions.
2. In accordance with the Balanced Budget and Emergency
Deficit Control Act of 1985, all former off-budget entries are now
presented on-budget. The Federal Financing Bank (FFB) activities are now shown as separate accounts under the agencies
that use the FFB to finance their programs. The act has also
moved two social security trust funds (Federal old-age survivors
insurance and Federal disability insurance trust funds) offbudget.
3. Includes, special drawing rights (SDKs); reserve position
on the U.S. quota in the IMF; loans to the International
Monetary Fund; and other cash and monetary assets; accrued
234




TABLE 27
1. Consists of guaranteed debt of government agencies, specified participation certificates, notes to international lending organizations, and District of Columbia stadium bonds,
SOURCES. Treasury Bulletin and Monthly Statement of the
Public Debt of the United States.
TABLE 28
1. Includes (not shown separately) securities issued to the Rural
Electrification Administration, depository bonds, retirement plan
bonds, and individual retirement bends.
2. Nonmarketable series denominated in dollars and series
denominated in foreign currency held by foreigners.
3. Held almost entirely by U.S. Treasury and other federal
agencies and trust funds.
4. Data for Federal Reserve Banks and U.S. government agencies and trust funds are actual holdings; data for other groups are
Treasury estimates.
5. Consists of investments of foreign balances and international
accounts in the United States.
6. Savings and loan associations* nonprofit institutions, credit
unions, mutual savings banks, corporate pension trust funds,
dealers and brokers, certain government deposit accounts, and
government sponsored agencies.
SOURCES. Monthly Statement of the Public Debt of the United
States and Treasury Bulletin.
TABLE 29-A

1. Transactions are market purchases and sales of securities as
reported to the Federal Reserve Bank of New York by the U.S.
government securities dealers on it.s published list of primary
dealers.
Averages for transactions are based on the number of trading
days in the period. The figures exclude allotments of, and ex-

changes for, new U.S. Treasury securities, redemptions of called
or matured securities, purchases or sales of securities under
repurchase agreement, reverse repurchase (resale), or similar
contracts.
2. Data for immediate transactions do not include forward
transactions.
3. Includes, among others, all other dealers and brokers in
commodities and securities, nondealer departments of commercial
banks, foreign banking agencies, and the Federal Reserve System.
4. Futures contracts are standardized agreements arranged on
an organized exchange in which parties commit to purchase or sell
securities for delivery at a future date.
5. Forward transactions are agreements arranged in the overthe-counter market in which securities are purchased (sold) for
delivery after five business days from the date of the transaction
for Treasury securities (Treasury bills, notes, and bonds) or after
thirty days for mortgage-backed agency issues.

TABLE 29-B
1. Data for dealer positions are obtained from reports submitted
to the Federal Reserve Bank of New York by the U.S. government
securities dealers on its published list of primary dealers.
Data for positions are averages of daily figures, in terms of par
value, based on the number of trading days in the period. Positions
are net amounts and are shown on a commitment basis.
2. Immediate positions are net amounts (in terms of par values)
of securities owned by nonbank dealer firms and dealer departments of commercial banks on a commitment, that is, trade-date
basis, including any such securities that have been sold under
agreements to repurchase (RPs). The maturities of some repurchase agreements are sufficiently long, however, to suggest that
the securities involved are not available for trading purposes.
Immediate positions include reverses to maturity, which are
securities that were sold after having been obtained under reverse
repurchase agreements that mature on the same day as the
securities. Data for immediate positions do not include forward
positions.

TABLE 29-C
1. Data are obtained from reports submitted to the Federal
Reserve Bank of New York by the U.S. government securities
dealers on its published list of primary dealers. Figures cover
financing involving U.S. Treasury and federal agency securities,
negotiable certificates of deposit (CDs), bankers acceptances, and
commercial paper (based on Wednesday figures, in terms of actual
money borrowed or lent).
2. Includes all reverse repurchase agreements, including those
that have been arranged to make delivery on short sales and those
for which the securities obtained have been used as collateral on
borrowings, that is, matched agreements.
3. Includes both repurchase agreements undertaken to finance
positions and "matched book" repurchase agreements.
TABLE 30
1. Consists of mortgages assumed by the Defense Department
between 1957 and 1963 under family housing and homeowners
assistance programs.
2. Includes participation certificates reclassified as debt beginning October 1, 1976.
3. Off-budget August 17, 1974, through September 30, 1976;
on-budget thereafter.
4. Consists of debentures issued in payment of Federal Housing
Administration insurance claims. Once issued, these securities
may be sold privately on the securities market.
5. Certificates of participation issued before fiscal 1969 by the
Government National Mortgage Association acting as trustee for the
Farmers Home Administration; Department of Health, Education,




and Welfare; Department of Housing and Urban Development; Small
Business Administration, and the Veterans Administration.
6. Off-budget.
7. Includes outstanding noncontingent liabilities: notes, bonds,
and debentures. Some data are estimated.
8. Excludes borrowing by the Farm Credit Financial Assistance
Corporation, which is shown on line 17.
Borrowing excludes that obtained from the Federal Financing
Bank (FFB), which is shown on line 21.
9. Before late 1981, the Association obtained financing through
the FFB.
10. The Financing Corporation, established in August 1987 to
recapitalize the Federal Savings and Loan Insurance Corporation,
undertook its first borrowing in October 1987.
11. The Farm Credit Financial Assistance Corporation, established in January 1988 to provide assistance to the Farm Credit
System undertook its first borrowing in July 1988.
12. The FFB, which began operations in 1974, is authorized to
purchase or sell obligations issued, sold, or guaranteed by other
federal agencies. Since the FFB incurs debt solely for the purpose
of lending to other agencies, its debt is not included in the main
portion of the table to avoid double counting.
13. Includes FFB purchases of agency assets and guaranteed
loans; the latter contain loans guaranteed by numerous agencies
with the guarantees of any particular agency being generally small.
The Farmers Home Administration item consists exclusively of
agency assets, while the Rural Electrification Administration entry
contains both agency assets and guaranteed loans.

TABLE 31
1. Par amounts of long-term issues based on date of sale.
2. Includes school districts.
SOURCE. Securities Data Company.

TABLE 32
1. Figures that represent gross proceeds of issues maturing in
more than one year, are the principal amount or the number of
units multiplied by the offering price. Excludes secondary offerings, employee stock plans, investment companies other than
closed-end, intracorporate transactions, equities sold abroad, and
Yankee bonds. Stock data include ownership securities issued by
limited partnerships.
2. Monthly data include only public offerings.
3. Private placement data are not available on a monthly basis.
SOURCES. IDD Information Services, Inc., the U.S. Securities
and Exchange Commission, and the Board of Governors of the
Federal Reserve System.
TABLE 33
1. Data on sales and redemptions exclude money market mutual
funds but include limited maturity municipal bond funds. Data on
asset positions exclude both money market mutual funds and
limited maturity municipal bond funds.
2. Includes reinvestment of investment income dividends.
Excludes reinvestment of capital gains distributions and share
issues of conversions from one fund to another in the same
group.
3. Excludes share redemptions resulting from conversions from
one fund to another in the same group.
4. Market value at end of period, less current liabilities.
5. Also includes all U.S. Treasury securities and other short
term debt securities.
SOURCE. Investment Company Institute. Data based on reports
of members, which comprise substantially all open-end investment
companies registered with the Securities and Exchange Commission. Data reflect newly formed companies after their initial
offering of securities.

235

TABLE 34

1. Trade and services are no longer being reported separately.
They are included in Commercial and other, line 10.
2, "Other" consists of construction; wholesale and retail trade;
finance and insurance; personal and business services; and communication.
SOURCE. Survey of Current Business (U.S. Department of
Commerce).

TABLE 36

1. Weighted averages based on sample surveys of mortgages
originated by major institutional lender groups during the first five
full working days of the month. Compiled by the Federal Home
Loan Bank Board in cooperation with the Federal Deposit Insurance Corporation.
2. Includes all fees, commissions, discounts, and "points" paid
(by the borrower or the seller) to obtain a loan.
3. Average effective interest rates on loans closed, assuming
prepayment at the end of 10 years.
4. Average contract rates on new commitments for conventional first mortgages, from U.S. Department of Housing and
Urban Development,
5. Average gross yields on 30-year, minimum-downpayment
first mortgages, insured by the Federal Housing Administration for
immediate delivery in the private secondary market. Based on
transactions on first day of subsequent month. Large monthly
movements in average yields may reflect market adjustments to
changes in maximum permissible contract rates.
6. Average net yields to investors on fully modified passthrough securities backed by mortgages and guaranteed by the
Government National Mortgage Association, assuming prepayment in 12 years on pools of 30-year mortgages insured by the
Federal Housing Agency or guaranteed by the Veterans Administration carrying the prevailing ceiling rate. Monthly figures are
unweighted averages of Friday figures from the Wall Street
Journal.
7. Includes some multifamily and nonprofit hospital loan commitments in addition to 1- to 4-family loan commitments accepted
in FNMA's free market auction system, and through the FNMAGNMA tandem plans.
8. Includes participations as well as whole loans.
9. Includes conventional mortgages and a small amount of
government-underwritten loans. FHCMC's mortgage commitments and mortgage transactions include activity under mortgage
securities swap programs, while the corresponding data for
FNMA exclude swamp activity.

TABLE 37

1. Includes loans held by nondeposit trust companies but not
bank trust departments.
2. Assumed to be entirely 1- to 4-family loans.
3. Beginning 1988:3, Farm Credit Banks were formed from the
merger in each district of the Federal Intermediate Credit Banks
and Federal Land Banks.
4. Outstanding principal balances of mortgage-backed securities insured or guaranteed by the agency indicated. Includes
private pools that are not shown as a separate line item.
5. Other holders include mortgage companies, real estate investment trusts, state and local credit agencies, state and local
government retirement funds, noninsured pension funds, credit
unions, and U.S. agencies for which amounts are small or separate
data are not readily available.
SOURCES. Based on data from various institutional and government sources, with figures for some quarters estimated in part by
the Federal Reserve in conjunction with the Federal Home Loan
Bank Board and the U.S. Department of Commerce. Separation of
nonfarm mortgage debt by type of property, if not reported
directly, and interpolations and extrapolations, when required, are

236



estimated mainly by the Federal Reserve. Multifamily debt refers
to loans on structures of five or mere units.
TABLE 38

1. These data cover most short;- and intermediate-term credit
extended to individuals that is scheduled to be repaid (or has the
option of repayment) in two or mqre installments.
2. More detail for finance companies is available on table 36.
3. Excludes 30-day charge credit held by travel and entertainment companies.
r = revised.
TABLE 39

1. Interest rates are reported as annual percentage rales as
specified in Regulation Z (Truth in tending) of the Board of
Governors. Commercial bank rates are the "most common" rates
for direct loans with specified maturities; finance company rates
are weighted averages for purchased contracts on automobile
loans. For a description of the data> see Federal Reserve Bulletin,
vol. 59 (September 1973), pages 641-45.
2. Data are available only for second month of each quarter.
3. At auto finance companies.
TABLE 40

1. Excess of total assets over total liabilities consists of gold,
special drawing rights (SDRs), and Corporate equities not included
in liabilities minus total floats and discrepancies in the last column.
2. Total holdings of gold and SDRs for the foreign sector appear
as assets and are included in totals because in flow tables transactions in these categories are treated as purchases and sales of
existing assets without associated liabilities.
3. Assets are shown at market valte; nonbank finance liability is
redemption value of shares of oper:-end investment companies.
No specific liability is attributed to issuers of stocks other than
open-end investment companies for amounts outstanding.
4. Includes savings bonds and other nonmarketable debt held
by the public. Postal savings system deposits are included in
"Miscellaneous" in part A, line 35.
5. Issues by agencies in the budget (Commodity Credit Corporation, Government National Mortgage Association, Tennessee
Valley Authority, Federal Housing Administration) and by sponsored credit agencies in financial sectors. Includes loan participation certificates and securities backed by mortgage pools.
6. Entry under business assets is corporate only. Noncorporate
trade credit has been deducted from t he liabilities total to conform
in definition to quarterly flow tables.
7. Includes CMO trusts not shown separately.
TABLE 41-C

1. Excludes corporate equities.
2. Corporate bonds include net issues by Netherlands Antilles
subsidiaries, and reflows of capital from those subsidiaries are
included in U.S. direct foreign investment.
3. Industrial revenue bonds, issued by state and local governments to finance private investment and secured in interest and
principal by the industrial user of the funds.
4. Loans, short-term paper (lines 61-67), profit taxes payable,
and trade debt. Includes loans due in more than one year and
excludes current maturities of securities and mortgages.
TABLE 42

1. Ratios of indexes of production to indexes of capacity. Based
on data from the Federal Reserve, DK I/McGraw-Hill, Department
of Commerce, and other sources.

2. Index of dollar value of total construction contracts, including residential, nonresidential, and heavy engineering, from McGraw-Hill Informations Systems Company, F.W. Dodge Division.
3. Based on data in Employment and Earnings (U.S. Department of Labor). Series covers employees only, excluding personnel in the Armed Forces.
4. Based on data in Survey of Current Business (U.S. Department of Commerce).
5. Based on U.S. Bureau of Census data published in Survey of
Current Business.
6. Not seasonally adjusted as published in Monthly Labor
Review. Based on data published by the Bureau of Labor Statistics, U.S. Department of Labor.
SOURCE. Basic data (not index numbers) for series mentioned in
notes 4 and 5 and indexes for series mentioned in note 6 may also
be found in Survey of Current Business.
TABLE 43
1. Primary processing includes textiles; lumber; paper; industrial chemicals; petroleum refining; rubber and plastics; stone,
clay, and glass; and primary and fabricated metals.
2. Advanced processing includes food, tobacco, apparel, furniture, printing, chemical products such as drugs and toiletries,
leather and products, machinery, transportation equipment, instruments, miscellaneous manufacturing, and ordnance.
3. Industrial materials are items both produced and used as
inputs by manufacturing plants, mines, and utilities; industrial
materials cover many of the items represented in the primaryprocessing group of manufacturing as well as some of the output of
mines and utilities such as iron ore, crude oil, and electricity sold
to industry.
4. Capacity utilization is calculated as the ratio of the Federal
Reserve's seasonally adjusted index of industrial production to the
corresponding index of capacity.
For a detailed description of these series, see "Revised Federal
Reserve Rates of Capacity Utilization," Federal Reserve Bulletin,
vol. 71 (October 1985), pages 754-66; and Federal Reserve
monthly statistical release, G.3 and historical supplements.
TABLE 44
1. Persons 16 years of age and over. Monthly figures, which are
based on sample data, relate to the calendar week that contains the
12th day; annual data are averages of monthly figures. By definition, seasonality does not exist in population figures. Based on
data from Employment and Earnings (U.S. Department of Labor).
2. Includes self-employed, unpaid family, and domestic service
workers.
3. Data include all full- and part-time employees who worked
during, or received pay for, the pay period that includes the 12th
day of the month, and exclude proprietors, self-employed persons,
household and unpaid family workers, and members of the Armed
Forces. Based on data from Employment and Earnings (U.S.
Department of Labor).
TABLE 45

SOURCE. Census Bureau estimates for all series except (1)
mobile homes, which are private, domestic shipments as reported
by the Manufactured Housing Institute and seasonally adjusted by
the Census Bureau, and (2) sales and prices of existing units,
which are published by the National Association of Realtors. All
back and current figures are available from the originating agency.
Permit authorizations are those reported to the Census Bureau
from 17,000 jurisdictions beginning with 1984.
TABLE 47
1. Not seasonally adjusted.
2. Figures for consumer prices are those for all urban consumers and reflect a rental equivalence measure of homeownership
after 1982.
3. Excludes intermediate materials for food manufacturing and
manufactured animal feeds.
SOURCE. Bureau of Labor Statistics.
TABLE 48
1. Seasonal factors are not calculated for lines 6, 10, 12-16,
18-20, 22-34, and 37-41.
2. Data are on an international accounts (IA) basis, which
differs from the Census basis data for reasons of coverage and
timing. Military exports are excluded from merchandise data and
are included in line 6.
3. Includes reinvested earnings.
4. Primarily associated with military sales contracts and other
transactions arranged with or through foreign official agencies,
5. Consists of investments in U.S. corporate stocks and in debt
securities of private corporations and state and local governments.
SOURCES FOR TABLES 48, 50, and 51.
Data in table 48 are from Survey of Current Business (U.S.
Department of Commerce, Bureau of Economic Analysis).
Table 50 is based on U.S. Treasury Department data and on data
reported to the Treasury Department by the International Monetary Fund.
Tables 51 through 59 are based on Treasury Department data
and on data reported to the Treasury Department by banks
(including Federal Reserve Banks) and brokers in the United
States. The data exclude the holdings of dollars by the International Monetary Fund derived from payments of the U.S. subscription and from the exchange transactions and other operations
of the IMF. The data also exclude U.S. Treasury letters of credit
and U.S. nonnegotiable, noninterest-bearing notes held by nonmonetary international and regional organizations.
Tables 60 and 61 are based on data reported to the Treasury
Department by nonbanking business enterprises.
The term "foreigners" covers all institutions and individuals
domiciled outside the United States (including U.S. citizens domiciled abroad) and the foreign branches, subsidiaries, and offices
of U.S. banks and business concerns; the central governments,
central banks, and other official institutions of foreign countries,
wherever located; and international and regional organizations,
wherever located. The term "foreigners" also includes persons in
the United States when it is known by reporting institutions that
they are acting on behalf of foreigners.

1. Not at annual rates.
TABLE 49
TABLE 46
1. Not at annual rates. Published groups include some series
and subtotals not shown separately.
2. Not seasonally adjusted.
3. Value of new construction data in recent periods may not be
strictly comparable with data in previous periods because of
changes by the Bureau of the Census in its estimating techniques.
For a description of these changes see Construction Reports
(C-30-76-5), issued by the Bureau in July 1976.




1. Data are on a Census valuation basis. (Customs for imports
and F.A.S. for exports). Data for both 1987 and 1988 include
adjustments for undocumented exports to Canada.
Effective with the May 1989 issue of report FT 900, monthly
data were revised for 1987 and 1988.
For reasons of coverage and timing these data differ from the
merchandise trade data shown in table 48, "Summary of U.S.
International Transactions."
SOURCE. FT 900 "U.S. Merchandise Trade" (Department of
Commerce, Bureau of the Census) released July 18, 1989.

237

TABLE 50
1. Includes gold in Exchange Stabilization Fund. Gold held
under earmark at Federal Reserve Banks for foreign and international accounts is not included in the gold stock of the United
States; see table 57, Gold stock and earmarked gold are valued at
$42.22 per fine troy ounce.
2. Beginning July 1974, the International Monetary Fund (IMF)
adopted a technique for valuing the special drawing right based on
a weighted average of exchange rates for the currencies of member
countries. From July 1974 through December 1980, 16 currencies
were used; from January 1981, 5 currencies have been used. The
U.S. SDR holdings, and reserve positions in the IMF are valued on
this basis beginning July 1974. At valuation used before July 1974
(SDR 1 ^ $1.20635) total U.S. reserve assets, SDR holdings, and
reserve position in IMF were as follows (in millions of dollars, end
of period).
Total

Month

1987
Junuury
February
March
April
May
June..
July
August
September ,
October
November
December

,

SDKs

Reserve
position
in IMF

39091
^9,284
39027
38 651
38 153
38 024
41,087
45 103
45,081
46 694
45,123
44 299

8621
8,652
8 608
8 357
8 435
8450
8,359
8483
8,483
8 483
8,639
8 639

8 084
7,774
7 777
7 956
7 743
7 718
7,609
7 542
7,521
7 546
7,428
7 240

3. Includes allocations by the IMF of special drawing rights as
follows: $867 million on January 1, 1970; $717 million on January
1, 1971; $710 million on January 1, 1972; $1,139 million on January
1, 1979; $1,152 million on January 1, 1980; and $1,093 million on
January 1, 1981; plus net transactions in SDRs.
4. Represents the U.S. reserve tranche position in the IMF (the
U.S. quota, plus net U.S. loans to the IMF, minus IMF holdings
of dollars), which is the amount that the United States could
automatically purchase in foreign currencies if needed. Under
appropriate conditions, the United States could purchase additional amounts related to the U.S. quota.
5. Valued at current market exchange rates.
Sources appear at the end of the notes for table 48.
TABLE 51-A
1. Includes the Bank for International Settlements.
2. Principally demand deposits, time deposits, bankers acceptances, commercial paper, negotiable time certificates of deposit,
and borrowings under repurchase agreements.
3. Excludes notes issued to foreign official nonreserve agencies.
Includes bonds and notes payable in foreign currencies,
4. Debt securities of U.S. government corporations and federally sponsored agencies, and U.S. corporate stocks and bonds.
Sources appear at the end of notes for table 48.

3. Includes borrowing under repurchase agreements.
4. U.S. banks: includes amounts due to own foreign branches
and foreign subsidiaries consolidated in "Consolidated Report of
Condition" filed with bank reg ilatory agencies. Agencies,
branches, and majority-owned subsidiaries of foreign banks: principally amounts due to head office or parent foreign bank, and to
foreign branches, agencies, or wholly owned subsidiaries of head
office or parent foreign bank.
5. Financial claims on residents 0'the United States, other than
long-term securities, held by or through reporting banks.
6. Includes nonmarketable certificates of indebtedness and
Treasury bills issued to official institutions of foreign countries.
7. Principally bankers acceptances, commercial paper, and negotiable-time certificates of deposit.
8. Principally the International Bank for Reconstruction and
development, and the Inter-American and Asian Development
Banks. Data exclude "holdings of dollars" of the International
Monetary Fund.
9. Foreign central banks, foreign central governments, and the
Bank for International Settlements,
10. Excludes central banks, which are included in "Official
institutions."
Sources appear at the end of notes for table 48.
TABLE 52-B
1. Includes the Bank for International Settlements and other
European countries not included elsewhere.
2. Comprises Bulgaria, Czechoslovakia, the Germany Democratic Republic, Hungary, Poland, and Romania.
3. Comprises Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi
Arabia, and United Arab Emirates (Trucial States).
4. Comprises Algeria, Gabon, Libya, and Nigeria.
5. Excludes "holding of dollars" of the International Monetary
Fund.
6. Asian, African, Middle Eastern, and European regional organizations, except the Bank for International Settlements, which
is included in "Other Western Europe."
Sources appear at the end of notgs for table 48.
TABLE 53
1. Reporting banks include all kinds of depository institutions besides commercial banks, <u well as some brokers and
dealers.
2. Includes the Bank for International Settlements. Beginning
April 1978, also includes Eastern European countries that are not
included in line 23,
3. Beginning April 1978 comprises Bulgaria, Czechoslovakia, the
German Democratic Republic, Hungary* Poland, and Romania.
4. Includes in "Other Latin America and Caribbean" through
March 1978.
5. Comprises Bahrain, Iran, Iraq, Xuwait, Oman, Qatar, Saudi
Arabia, and United Arab Emirates (Trucial States).
6. Comprises Algeria, Gabon, Libya, and Nigeria.
7. Excludes the Bank for International Settlements, which is
included in "Other Western Europe/ 1
Sources appear at the end of notes for table 48.

TABLE 51-B
1. Includes the Bank for International Settlements.
2. Includes countries in Oceania and Eastern Europe.
Sources appear at the end of notes for table 48.
TABLE 52-A
1. Reporting banks include all kinds of depository institutions
besides commercial banks as well as some brokers and dealers,
2. Excludes negotiable time certificates of deposit, which are
included in "Other negotiable and readily transferable instruments."

238



TABLE 54
1. Data for banks' own claims are given on a monthly basis, but
the data for claims of banks' own domestic customers are available
on a quarterly basis only.
2. U.S. banks: includes amounts due from own foreign
branches and foreign subsidiaries consolidated in "Consolidated
Report of Condition" filed with bank regulatory agencies. Agencies, branches, and majority-owned subsidiaries of foreign banks:
includes, principally amounts due from head office or parent
foreign bank, and foreign branches, agencies, or wholly owned
subsidiaries of head office or parent foreign bank.

3. Assets owned by customers of the reporting bank located in the United States that represent claims on foreigners
held by reporting banks for the account of their domestic
customers.
4. Principally negotiable time certificates of deposit and bankers
acceptances.
5. Includes demand and time deposits and negotiable and nonnegotiable certificates of deposit denominated in U.S. dollars
issued by banks abroad.
Sources appear at the end of notes for table 48.

TABLE 60
1. Comprises Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi
Arabia, and United Arab Emirates (Trucial States).
2. Comprises Algeria, Gabon, Libya, and Nigeria.
3. Includes nonmonetary international and regional organizations.
Sources appear at the end of notes for table 48.

TABLE 61
TABLE 55
1. Reporting banks include all kinds of depository institutions
besides commercial banks, as well as some brokers and dealers.
2. Remaining time to maturity.
3. Includes nonmonetary international and regional organizations.
Sources appear at the end of notes for table 48.

1. Table 54, "Banks' own and domestic customers' claims on
foreigners," includes monthly figures for U.S. dollar deposits in
banks abroad, reported by nonbanking business enterprises in the
United States.
2. Comprises Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi
Arabia, and United Arab Emirates (Trucial States).
3. Comprises Algeria, Gabon, Libya, and Nigeria.
4. Includes nonmonetary international and regional organizations.
Sources appear at the end of notes for table 48.

TABLE 56
1. Data on claims exclude foreign currencies held by U.S.
monetary authorities.
2. Assets owned by customers of the reporting bank located in the United States that represent claims on foreigners
held by reporting banks for the accounts of their domestic
customers.
Sources appear at the end of notes for table 48.

TABLE 62

TABLE 57

TABLE 63

1. Excludes deposits and U.S. Treasury securities held for
international and regional organizations.
2. Marketable U.S. Treasury bills, notes, and bonds; and nonmarketable U.S» Treasury securities payable in dollars and in
foreign currencies.
3. Earmarked gold is gold held for foreign and international
accounts; it is not included in the gold stock of the United States.
Earmarked gold and the gold stock are valued at $42.22 per fine
troy ounce.
Sources appear at the end of notes for table 48.

1. Details may not add to totals because of rounding. Data are
aggregates of categories reported on the quarterly form FFIEC
002, "Report of Assets and Liabilities of U.S. Branches and
Agencies of Foreign Banks." This form was first used for reporting
data as of June 30, 1980, and was revised as of December 31, 1985.
From November 1972 through May 1980, U.S. branches and
agencies of foreign banks had filed a monthly FR 886a report.
Aggregate data from that report were available through the Federal Reserve statistical release G . l l , last issued on July 10, 1980.
Data in this table and in the G. 11 tables are not strictly comparable
because of differences in reporting panels and in definitions of
balance sheet items.
2. Includes the District of Columbia.
3. Effective December 1981, the Federal Reserve Board
amended Regulations D and Q to permit banking offices located in
the United States to operate International Banking Facilities
(IBFs). As of December 31, 1985 data for IBFs are reported in a
separate column. These data are either included in or excluded
from the total columns as indicated in the headings. The notation
"n.a." indicates that no IBF data are reported for that item, either
because the item is not an eligible IBF asset or liability or because
that level of detail is not reported for IBFs. From December 1981
through September 1985, IBF data were included in all applicable
items reported.
4. Total assets and total liabilities include net balances, if any,
due from or due to related banking institutions in the United States
and in foreign countries (see footnote 5). On the former monthly
branch and agency report, available through the G.ll statistical
release, gross balances were included in total assets and total
liabilities. Therefore, total asset and total liability figures in this
table are not comparable to those in the G.ll tables.
5. "Related banking institutions" includes the foreign head
office and other U.S. and foreign branches and agencies of the
bank, the bank's parent holding company, and majority-owned
banking subsidiaries of the bank and of its parent holding company
(including subsidiaries owned both directly and indirectly),
6. In some cases two or more offices of a foreign bank within the
same metropolitan area file a consolidated report.

TABLE 58
1. Estimated official and private transactions of marketable
U.S. Treasury securities with an original maturity of more than
one year. Data are based on monthly transaction reports. Excludes
nonmarketable U.S. Treasury bonds and notes held by official
institutions of foreign countries.
2. Includes U.S. Treasury notes, denominated in foreign currencies, publicly issued to private foreign residents.
3. Comprises Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi
Arabia, and United Arab Emirates (Trucial States).
4. Comprises Algeria, Gabon, Libya, and Nigeria.
Sources appear at the end of notes for table 48.

TABLE 59
1. Comprises oil-exporting countries as follows: Bahrain, Iran,
Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab
Emirates (Trucial States).
2. Includes state and local government securities, and securities
of U.S. government agencies and corporations. Also includes
issues of new debt securities sold abroad by U.S. corporations
organized to finance direct investments abroad.
Sources appear at the end of notes for table 48.




1. For a given month, total assets may not equal total liabilities
because some branches did not adjust the net position of the bank
in the branch to reflect unrealized paper profits and paper losses
caused by changes in exchange rates, which are used to convert
foreign currency values into equivalent dollar values.

239

TABLE 64
1. The banking offices covered by these data are the U.S. offices
and foreign branches of U.S.-owned banks and of U.S. subsidiaries of foreign-owned banks. Offices not covered include (1) U.S.
agencies and branches of foreign banks, and (2) foreign subsidiaries of U.S. banks. To minimize duplication, the data are adjusted
to exclude the claims on foreign branches held by a U.S. office or
another foreign branch of the same banking institution. The data in
this table combine foreign branch claims in table 62 (the sum of line
7 through 10) with the claims of U.S. offices in table 54 (excluding
those held by agencies and branches of foreign banks and those
constituting claims on own foreign branches).
2. The group comprises the Organization of Petroleum Exporting Countries shown individually, other members of OPEC (Algeria, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi
Arabia, and United Arab Emirates) and Bahrain and Oman (not
formally members of OPEC).
3. Excludes Liberia.
4. Includes Canal Zone beginning December 1979.
5. Foreign branch claims only.
6. Includes New Zealand, Liberia, and international and regional organizations.

3. Valued monthly at market exchange rates.
4. Includes exchange-translation account reflecting the monthly
valuation at market exchange rates of foreign-exchange commitments.
5. Includes special investment account at the Federal Reserve
Bank of Chicago in Treasury bills maturing in 90 days.
TABLE 70
1. Details may not add to totals because of rounding.
2. The effect of the 1987 implementation of Financial Accounting Standards Board Statement No. 87—Employers' Accounting
for Pensions—is recorded in the Total column only and Iras not
been distributed to each District* Accordingly, the sum of the
Districts will not equal the Total column for this category or for
Total net expenses, and New York will not add to Current net
income. The effect of FASB 87 on the Reserve Banks was a
reduction in expenses.
3. Includes distribution of costs for projects performed by one
bank for the benefit of one or more other banks.
4. Includes expenses for labor and materials temporarily capitalized and charged to activities whsn the products are consumed.
5. For additional details, see Board of Governors of the Federal
Reserve System, 75th Annual Report, 1988 (1989), pages 214-17.

TABLE 65
TABLE 71
1. Rates are mainly those at which the central bank either
discounts or makes advances against eligible commercial paper or
government securities for commercial banks or brokers. For
countries with more than one rate applicable to such discounts or
advances, the rate shown is the one at which it is understood the
central bank transacts the largest proportion of its credit operations.

1. Institutions located in a split state, a state that is split
between the boundaries of two federal Reserve Districts, are
included in this column.
TABLE 72-A

TABLE 66
1. Rates are for three-month interbank loans except for Canada,
finance company paper; Belgium, three-month Treasury bills; and
Japan, Gensaki rate.
TABLE 67
1. Based on the dollar's value against the currencies of 10 industrial
countries. The weight for each of the 10 countries is the 1972-76
average world trade of that country divided by the average world trade
of all 10 countries combined. Series revised as of August 1978 (see
Federal Reserve Bulletin, vol. 64, August 1978, p. 700).
TABLE 68
1. Averages of certified noon buying rates in New York for
cable transfers.
2. U.S. cents per unit of foreign currency.

Part 2—Special Tables
TABLE 69
1. See Board of Governors, 75th Annual Report, 1988, pp. 206-09,
for data covering 1987 and 1988, and earlier issues for other years.
2. Includes securities loaned—fully guaranteed by U.S. Treasury securities pledged with Federal Reserve Banks—and excludes securities sold and scheduled to be bought back under
matched sale-purchase transactions.

240



1. Figures include nonmember banks in Puerto Rico and the
Virgin Islands.
2. State member figures include bank in Puerto Rico.
3. Figures exclude federal savings banks.
4. Figures exclude new banks 0:"ganized to succeed operating
banks.
5. As of December 31, 1987, this figure no longer includes
branches of foreign banks that were previously counted as banks.
TABLE 73
1. Effective March 31, 1984, the report of condition was
substantially revised for commercial banks. Some of the changes
are as follows: (1) Previously, banks with international banking
facilities (IBFs) that had no other foreign offices were considered
domestic reporters. Beginning with ihe March 31, 1984 call report
these banks are considered foreigti and domestic reporters and
must file the foreign and domestic report of condition; (2) banks
with assets greater than $1 billion have additional items reported;
(3) the domestic office detail for banks with foreign offices has been
reduced considerably; and (4) banks with assets under $25 million
have been excused from reporting Certain detail items.
The "n.a." for some of the items is used to indicate the lesser
detail available from banks without; foreign offices, the inapplicability of certain items to banks that have only domestic offices
and/or the absence of detail on a fully consolidated basis for banks
with foreign offices.
All transactions between domestic and foreign offices of a bank
are reported in "net due from" and "net due to." All other lines
represent transactions with parties i>ther than the domestic and
foreign offices of each bank. Since these intraoffice transactions
are nullified by consolidation, total assets and total liabilities for
the entire bank may not equal the sum of assets and liabilities
respectively, of domestic and foreign offices.
2. The domestic portion of allowances for loan and lease losses
and allocated transfer risk reserve ate not reported for banks with
foreign offices, therefore the components of total assets (domestic)
will not add to the actual total (domestic).

3. Only the domestic portion of federal funds sold and securities purchased under agreements to resell are reported here,
therefore the components will not add to the total for this item.
4. The foreign portion of demand notes issued to the U.S.
Treasury is not reported for banks with foreign offices, therefore
the components of total liabilities (foreign) will not add to the
actual total (foreign).
5. Only the domestic portion of federal funds purchased and
securities sold under agreements to repurchase are reported here,
therefore the components will not add to the total for this item.
6. Equity capital is not allocated between the domestic and
foreign offices of banks with foreign offices.
7. Components of assets held in trading accounts are only
reported for banks with total assets of $1 billion or more; therefore
the components will not add to the totals for this item.
8. Foreign offices include branches in foreign countries, Puerto
Rico, and U.S. territories and possessions; subsidiaries in foreign
countries; all offices of Edge Act and Agreement corporations
wherever located and IBFs.
9. The 'over 1001 column refers to those respondents whose
assets, as of June 30 of the previous calendar year, were equal to
or exceeded $100 million. (These respondents file the FFIEC 032
or FFIEC 033 call report.) The "under 100" column refers to those
respondents whose assets, as of June 30 of the previous calendar
year, were less than $100 million. These respondents filed the
FFIEC 034 call report.)
10. The definition of "All other" varies by report form and
therefore by column in this table.

TABLE 76

1. End of year. Equities valued at market, other assets at
acquisition value.
2. Includes deferred profit-sharing funds and pension funds of
corporations, unions, multi-employer groups, nonprofit organizations, and the Federal Employees' Retirement Thrift Savings
Fund.
3. Includes Foreign Service Retirement and Disability Trust
Fund.

TABLE 77

1, Annual data for bank lending under Regulation U ceased to
be collected after June 1977.
2, Members of the American Stock Exchange, but not of the
New York Stock Exchange that report directly to the Board of
Governors of the Federal Reserve System.
3. Margin accounts include credit extended on stock and on
nonconvertible and convertible bonds under the consolidated
method of reporting in Regulation T.
4. Includes credit extended for purchases through qualified
stock option plans and employee stock purchase plans.

TABLE 78

1. For brokers that are members of either the American Stock
Exchange or the New York Stock Exchange.

TABLE 74

1. Numbers in parentheses are totals of banking organizations
in state.
TABLE 79
TABLE 75

1. Minority-owned banks are defined as those in which more
than 50 percent of the stock is owned by minority groups, as well
as those independently controlled by minority group members.
2. Does not include 4 minority-owned banks that are located in
U.S. territories or possessions.
The following tabulation shows numbers of minority-owned
banks (including banks located in U.S. territories and possessions)
for 1988 classified in two ways:
By type of minority
Black
Hispanic
Women
Asian
American Indian
Multiracial




By type of bank charter
38
27
3
15
1
2

Federal Reserve member
National
State

42
4

Nonmember state

40

1. Data are from the American Council of Life Insurance for
new commitments of $100,000 or more on mortgages for multifamily and nonresidential nonfarm properties, most of which are
located in the United States. The series covers 20 companies
with 61 percent of industry assets and 67 percent of nonfarm
mortgages.
2. Averages, which are based on the number of loans, vary in
part with loan composition by type and location of property, by
type and purpose of loan, and by loan amortization and prepayment terms. Data for the following are limited to cases for which
information was available or estimates could be made: capitalization rate (net stabilized property earnings divided by property
value); debt coverage ratio (net stabilized earnings divided by
debt service); and percent constant (annual level payment,
including principal and interest, per $100 of initial debt). All
statistics exclude construction loans, increases in existing loans
in a company's portfolio, reapprovals, and loans secured by land
only.

241

Part 4—Index to Tables




Index to Tables
References are to table numbers, not page numbers

Acceptances, bankers (See Bankers acceptances)
Agricultural loans, commercial banks, 13(A, B), 16, 21(C)
Assets and deposits
Banking organizations, percentage of total held by ten
largest, 74
Assets and liabilities (See also Foreigners)
Banks, 15(A, B), 16, 17, 23(B), 73(A, B, C)
Credit unions, 24(D)
Domestic finance companies, 35
Federal Reserve Banks, 2(A, B, C, D), 9(A), 69
Flow of funds accounts, 40(A, B)
Foreign banks, U.S. branches and agencies, 62,
63(A, B, C, D), 73(B, C)
FSLIC-insured federal savings banks, 24(B)
FSLIC-insured institutions, 24(A)
Life insurance companies, 24(E)
Minority-owned banks, 75
Savings banks, 24(C)
Assets of pension funds, 76(A, B, C)
Automobiles
Consumer installment credit, 38, 39
Production, 45
Bankers acceptances, 8, 19(B), 22(A, B), 29(A, B), 70, 73(A, B, C)
Banking offices in operation, number and changes, 71, 72(A, B)
Bonds (See also U.S. government securities)
Interest rates, 22(A, B)
New issues, 32
Branch banks, 62, 63(A, B, C, D), 71, 72(B)
Budget, U.S. (See Federal finance)
Business activity, selected measures, 42
Business expenditures on new plant and equipment, 34
Business loans (See Commercial and industrial loans)
Capacity, 43(B)
Capacity utilization, 42, 43(C)
Capital accounts
Banks, 15(A, B)
Federal Reserve Banks, 9(A), 69
Central banks, foreign, discount rates, 65
Certificates of deposit, 22(A, B), 29(A, B), 73(A, B, C)
Commercial and industrial loans
Commercial banks, 13(A, B), I5(A, B), 16, 21, 63(A, B, C, D)
Weekly reporting banks, 16
Commercial banks
Agricultural loans, 16, 21
Assets and liabilities, 15(A, B), 16, 73(A, B, C)
Banking offices, number and changes, 71, 72(A, B)
Banking organizations, percentage of total assets and deposits
held by ten largest, 74
Commercial and industrial loans, 13(A, B), 15(A, B), 16, 21,
63(A, B, C, D)
Consumer loans held, by type and terms, 38, 39
Debits and deposit turnover, 10(A, B)
Loans and securities, 13(A, B)
Loans sold outright, 16
Mortgages held, by type of holder and property, 37
Nondeposit funds, 14
Time and savings deposits 1(A, B)
Commercial paper, 19(A), 22(A, B), 29(A, B), 73(A, B, C)




Condition statements (See Assets and liabilities)
Construction
Contracts, 42
Housing, 46
Loans, 21
Consumer installment credit, 35, 38, 39
Consumer prices, 42, 47
Corporations
Security issues, 32, 59
Cost of living (See Consumer prices)
Credit (See Loans)
Credit unions, 24(D), 38
Currency and coin, 15(A, B), 73(A, B, C)
Currency in circulation, 2, 11(A, B)
Customer financing, stock market, 23(B), 77, 78
Debits to deposit accounts, 10(A, B)
Debt (See specific types of debt or securities)
Demand deposits
Banks, 10(A, B), 15(A, B), 16
Ownership by individuals, partnerships, and corporations, 18
Turnover, 10(A, B)
Depository institutions
Reserve requirements, 6
Reserves and related items, 1(A, B), 2(A, B, C, D), 3(A, B),
12(A, B), 69
Deposits (See also specific types)
Banking organizations, percentage of total deposits held by
ten largest, 74
Banks, 1(A, B), 15(A, B), 16, 17, 24(C)
Federal Reserve Banks, 2(A, B, C, D), 9(A), 25, 69
Turnover, 10(A, B)
Discounts rates at Federal Reserve Banks and at foreign central
banks (See Interest rates)
Discounts and advances by Federal Reserve Banks (See Loans)
Dividends, Federal Reserve Banks, 70
Dollar, U.S., index of weighted-average value, 67
Employment, 42, 43
Eurodollars, 22(A, B)
Expenditures on new plant and equipment, 34
Farm Credit Banks, 30
Farm mortgage loans, 37
Federal agency obligations, 2(A, B, C, D), 8, 9(A, C), 29(A, B),
30,69
Federal credit agencies, 30
Federal finance
Debt subject to statutory limit, and types and ownership of
gross debt of U.S. Treasury, 27, 28
Receipts and outlays, 25, 26(A, B)
Treasury financing of surplus or deficit, 25
Treasury operating balance, 25
Federal Financing Bank, 25, 30
Federal funds, 4, 14, 16, 17, 22(A, B), 25
Federal Home Loan Banks, 30
Federal Home Loan Mortgage Corporation, 30, 36, 37
Federal Housing Administration

245

Federal Housing Administration —Continued
Debt of, 30
Mortgage interest rate, 36
Mortgage debt outstanding, 37
Federal Land Banks, 37
Federal National Mortgage Association, 30, 36, 37
Federal Reserve Banks
Condition statement, 9(A), 69
Discount rates (See Interest rates)
Income, expenses, and dividends, 70
Payments to U.S. Treasury, 70
Surplus, 70
U.S. Treasury securities held, 2(A, B, C, D), 9(A, C), 28, 69
Federal Reserve credit, 2(A, B, C, D), 3(A, B), 9(A, C), 69
Federal Reserve notes, 9(A, B), 69, 70
Federally sponsored credit agencies, 30
Finance companies
Business credit, 35
Loans, 13(A, B), 16, 38, 76(A, B, C)
Mortgage debt, 38
Paper, 19(A), 22(A, B)
Finance rates (See Interest rates)
Financial institutions
Commercial banks, 37
Credit unions, 24(D)
FSLIC-insured federal savings banks, 24(B)
FSLIC-insured institutions, 24(A)
Life insurance companies, 24(E), 37
Loans to, 16
Mutual savings banks, 71, 72(A, B)
Savings and loan associations, 37, 41(A)
Savings banks, 24(C), 37
Savings institutions, 38
Selected assets and liabilities, 24(A, B, C, D, E)
Thrift institutions, 1(A, B)
Float, 2(A, B, C, D)
Flow of funds, 40(A, B), 41(A, B, C)
Foreign banks, assets and liabilities of U.S. branches and
agencies, 13(A, B), 63(A, B, C, D), 73(B, C)
Foreign central banks (See Central banks)
Foreign currency operations, 9(A), 69, 70
Foreign deposits in U.S. banks, 2(A, B, C, D), 9(A), 16, 69
Foreign exchange rates, 68
Foreign official institutions, liabilities to, 51(A, B)
Foreign trade, 49
Foreigners
Claims on, 53, 54, 55, 56, 61, 62, 63(A, B, C, D), 64
Liabilities to, 16, 49, 51(A, B), 52(A, B), 56, 57, 58, 59, 60,
62, 63(A, B, C, D)
FSLIC-insured federal savings banks and institutions, 24(A, B)
Futures contracts, 29(A, B, C)
Gold

Certificate account, 9(A, B), 69
Holdings, 40(A)
Stock, 2(A, B, C, D), 50
Government National Mortgage Association, 30, 36, 37
Housing, new and existing units, 46
Income, personal and national, 42

Income and expenses, Federal Reserve Banks, 70
Industrial production, 42, 43(A, B, C), 45
Installment loans, (See Consumer installment credit)
Insurance companies, 24(E), 28, 37, 79
Insured commercial banks, 71
Interest rates
Bonds, 22(A, B)
Commercial and industrial loans, 21
Federal Reserve Banks, 5(A, B)
Foreign central banks, 65
Foreign short-term, 66
Installment credit, selected types, 39
Money and capital markets, 22(A, B)
Mortgages, 36
Prime rate, 20
Treasury bills, 22(A, B)
International capital transactions of United States, 48-66

246



International organizations, 51(A, B), 52(A, B), 53, 57, 58, 59,
60,61
Investment companies, issues ancl assets, 33
Investments (See also specific types)
Banks, 15(A, B), 16, 24(C)
Commercial banks, 1(A, B), 13(A, B), 15(A, B), 16, 37
Federal Reserve Banks, 9(A, O, 69
Savings institutions, 24(A, B, C, D, E), 37, 79
Labor force, 44

Liabilities (See Assets and liabilities)
Life insurance companies (See Insurance companies)
Loans (See also specific types)
Banks, 15(A, B), 16, 17, 24(A, B, C, D, E)
Commercial banks, 1(A, B), 13(A, B), 15(A, B), 16, 17, 21,
63(A, B, C, D), 73(A, B, C)
Federal Reserve Banks, 2(A, B C, D), 3(A, B), 5(A, B),
9(A, C), 69, 70
Insured or guaranteed by United States, 36, 37
Savings institutions, 24(A, B, C, D, E), 37, 79
Manufacturing

Capacity utilization, 42, 43(A, 6, C)
Production, 42, 43(A), 45
Margin accounts
Brokers' detailed debit and credit balances, 78
Selected statistics, 23(B)
Margin regulations, credit subjecll to, by type, 77
Margin requirements, 7
Member banks (See also Depository institutions)
Banking offices, number and changes, 71, 72(A, B)
Federal funds and repurchase agreements, 4
Reserve requirements, 6
Minority-owned banks, assets and liabilities, 75
Mobile homes
Loans for, 38
Shipped, 46
Monetary and credit aggregates. If A, B), 12(A, B)
Money and capital market rates, 22(A, B)
Money stock measures and components, 1(A, B), 11(A, B)
Mortgages (See Real estate loans)
Mortgage-backed securities, 24(A,i, B, C)
Mutual funds (See Investment companies)
Mutual savings banks (See Financial institutions)
National banks, number, and changes in number of banking

offices, 71, 72(A, B)
Nondeposit funds of commercial banks, 14
Nonmember banks, number, and changes in number of banking
offices, 71, 72(A, B)
Open market transactions, 8

Output, 43(A)
Pension funds, assets, 76(A, B, C)

Personal income, 42
Prices
Consumer and producer, 42, 47
Stock market, 23(A)
Prime rate, 20
Producer prices, 42, 47
Production, 42, 45
Profit and loss, Federal Reserve Banks, 70
Real estate loans

Banks, 13(A, B), 16, 37
Life insurance companies, 24(E). 79
Savings institutions, 24(A, B, C t D)
Terms, yields, and activity, 37
Type of holder and property mortgaged, 37
Repurchase agreements
Banks, 4, 14, 16
Government sector, 8, 29(C), 69
Reserve requirements, 6
Reserves
Commercial banks, 15(A, B)

Reserves —Continued
Depository institutions, 1(A, B), 2(A, B, C, D), 3(A, B), 12(A,
B), 69
Federal Reserve Banks, 3(A, B), 69
U.S. reserve assets, 50
Residential mortgage loans, 36
Retail credit and retail sales, 38, 39, 42
Saving, Flow of funds, 40(A, B), 41(A, B, C)
Savings and loan associations (See Financial institutions)
Savings deposits (See Time and savings deposits)
Savings institutions (See Financial institutions)
Securities (See specific types)
Commercial banks, 13(A, B), 16
Credit reported by lenders, 23(A, B, C, D), 77, 78
Federal and federally sponsored credit agencies, 30
Foreign transactions, 59
New issues, 31, 32
Prices, 23(A)
Special drawing rights
Allocations, 48
Certificate account, 2(A, B, C, D), 9(A, B), 69
Holdings, 40(A, B), 48, 50
State and local governments
Deposits, 16
Holdings of U.S. Treasury and other agency securities, 28
New security issues, 31
Ownership of securities issued by, 16, 24(C, E)
State member banks, number, and changes in number of
banking offices, 71, 72(A, B)
Stock market
Customer financing, 23(B), 77, 78
Prices and trading, 23(A, B)
Stocks (See also Securities)
New issues, 32
Prices, 23(A)

FRB 1—1700-1189 C



Student loan marketing association, 30
Tax receipts, federal, 26(A)

Tennessee Valley Authority, 30
Thrift institutions, (See Financial institutions)
Time and savings deposits, 1(A, B), 10(A, B), 11(A, B), 14,
15(A, B), 16, 17, 24(C)
Trade, foreign, 49
Treasury bills (See U.S. government and Treasury securities)
Treasury currency and Treasury cash, 2(A, B, C, D)
Treasury deposits, 2(A, B, C, D), 9(A), 25, 69
Treasury operating balance, 25
Unemployment, 44

U.S. government balances
Commercial bank holdings, 17
Treasury deposits at Reserve Banks, 9(A), 25
U.S. government and Treasury securities
Bank holdings, 13(A, B), 15(A, B), 16, 17, 28, 73(A, B, C)
Dealers' transactions, positions, and financing, 29(A, B, C)
Federal Reserve Bank holdings and earnings, 2(A, B, C, D),
9(A, C), 28, 69, 70
Foreign and international holdings and transactions, 9(A), 28,
57, 58, 73(B, C)
Open market transactions, 8
Outstanding, by type or holder, 24(C, D, E), 28
Rates, 22(A, B)
Treasury bills, 8, 22(A, B), 29(A, B, C), 51(A, B)
U.S. international transactions, 44-66
Veterans Administration, 36, 37
Weekly reporting banks, 16, 17
Yields (See Interest rates)

247


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102