Full text of Annual Statistical Digest : 1972-1976

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Washington, D.C.

ANNUAL STATISTICAL DIGEST
1972-1976




December 1977

Copies of this publication may be obtained from Publications Services,
Division of Administrative Services, Board of Governors of the Federal
Reserve System, Washington, D.C. 20551. The price is $10.00 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 not accepted.)




Preface

The Annual Statistical Digest is designed to be a convenient source of economic, and especially financial,
data for a broad range of users. Its main function is to
provide sufficient historical data for tables in the Federal
Reserve Bulletin to reduce drastically the work required
to put together consistent and detailed series of statistics
for the areas covered. Another function is to provide
several special tables that for many years had appeared
in the Bulletin. Data for those tables now appear only
in the Digest, as do data for certain other series that
are no longer available in the Bulletin.
This issue of the Digest generally covers the period
1972-76. Weekly data are shown only for 1976 unless
otherwise noted in the "Contents." Domestic nonfinancial series included are those for which the Board
of Governors is the primary source. In many instances
the series shown represent continuations of series
published in Banking and Monetary Statistics, 19411970, and updated in the Annual Statistical Digest,
7977-75. In those instances when the tables contain
statistics for years before 1972, the data may have




been revised since they were originally published or
they may represent series for which the Board had not
previously published all of the retrospective data available. Data for series originating at the Board or in U.S.
Government agencies include revisions available as of
mid-September; for other series, all revisions as of midJuly 1977.
This document contains no text describing the tables.
Information on coverage of series, changes in coverage,
and other pertinent details is contained in notes to the
tables. These notes, as well as the guide to tabular
presentation, appear in Part 3.
The numbering system for the tables contained in
this issue differs from that in the previous Digest and
also from the one used in the Federal Reserve Bulletin.
For this reason the Board's staff has prepared for users
of these data a concordance that shows relationships
among tables and individual series. The concordance
is available from Publications Services, Division of Administrative Services, Board of Governors of the
Federal Reserve System, Washington, D.C. 20551.

Contents

Unless specifically noted in the "Contents" the data
shown in thLs issue of the Digest are annual and quarterly or monthly for the period 1972-76 and the only
weekly data shown are those for 1976. The exceptions

indicated in the "Contents" refer to tables where the
data have been revised or represent series for which the
Board had not previously published all of the retrospective data available.

Part 1—Regular Tables
1. Monetary aggregates and interest rates
A. Quarterly
B. Monthly changes (monetary aggregates only)
2. Factors affecting member bank reserves
A. Annual and monthly averages
B. Weekly averages of daily
figures
C. Wednesday
figures
D. End-of-year and end-of-month
figures
3. Reserves and borrowings of member banks
A. Annual and monthly averages, 1971-76
B. Weekly averages of daily figures, 1971-76
4. Federal funds transactions of 46 money market banks
5. Federal Reserve Bank interest rates
A. On loans to member banks under Sections 13 and 13a
B. On loans to member banks under Section 10(b)
C. On loans to others than member banks under last paragraph of Section 13
6. Reserve requirements on deposits of member banks
7. Margin requirements, 1968-76
8. Maximum interest rates payable on time and savings deposits at Federally insured institutions
9. Federal Reserve open market transactions
10. Federal Reserve Banks
A. Maturity distribution of loans and securities held
B. Condition and F.R. note statements—End of year 1972-75; end of month, 1976
11. Bank debits, demand deposits other than interbank and U.S. Government, and deposit turnover
A. Seasonally adjusted, December 1970-December 1976
B. Not seasonally adjusted, December 1970-December 1976
12. Bank debits to demand deposit accounts, except interbank and U.S. Government, at all reporting
centers, by Federal Reserve district; annually, 1964-76
13. Measures of the money stock
A. Seasonally adjusted, 1971-76
B. Not seasonally adjusted, 1971-76




2
3
4
8
11
14
18
22
38
40
40
41
42
42
43
44
51
54
56
58
59
60
61

Contents-continued

14. Aggregate reserves and deposits of member banks
A. Reserves, 1971-76
B. Deposits, 1971-76
15. Loans and investments of all commercial banks
A. Seasonally adjusted
B. Not seasonally adjusted
16. Commercial bank assets and liabilities—Last-Wednesday-of-month series
A. All commercial banks
B. Member banks
17. Commercial bank assets and liabilities—Summary data for call dates
18. Commercial bank assets and liabilities—Detailed balance sheets for 1976
A. March 31
,
B. June 30
C. September 30
D. December 31
19. All large weekly reporting commercial banks
A. Assets and liabilities
B. Balance sheet memoranda
C. Total commercial and industrial loans classified by industry
D. "Term" commercial and industrial loans classified by industry, monthly, 1976
20. Gross demand deposits of individuals, partnerships, and corporations
A. All commercial banks
B. All weekly reporting banks (monthly
figures)
21. Commercial paper and bankers acceptances outstanding
22. Prime rate charged by banks on short-term business loans
23. Bank rates on business loans
A. Short-term loans, by size
B. Revolving credit loans, by size
,
C. Long-term loans, by size
24. Interest rates in money and capital markets
A. Annual and monthly averages
B. Weekly averages
C. Revised figures for Moody's corporate bond yields, 1974 and 1975
25. Market yields on U.S. Government securities at constant maturity
A. Annual and monthly averages, 1953-76
B. Weekly averages of daily figures, 1976
26. Stock market—Selected statistics
A. Stock prices and trading
B. Customer
financing
C. Margin-account debt at brokers
D. Special miscellaneous-account balances at brokers
27. Selected assets and liabilities of savings institutions
28. Federal fiscal and financing operations
29. U.S. Budget receipts and outlays
30. Federal debt subject to statutory limit—Types and ownership




62
63
64
65
66
69
72
74
76
78
80
82
89
91
95
96
96
98
101
102
103
104
105
Ill
116
117
119
120
122
124
125
126
131
136
144

31. Gross public debt of the U.S. Treasury—Types and ownership
32. U.S. Government marketable securities—Ownership, by maturity, quarterly,
December 1970—December 1976
32.1 U.S. Government securities dealers
A, Transactions
BH Positions
C. Sources of financing
33. Debt of Federal and Federally sponsored credit agencies
34. New security issues of State and local governments and corporations
35. Net change in corporate securities outstanding
36. Open-end investment companies
37. Corporate profits and their distribution
38. Current assets and liabilities of nonfinancial corporations
39. Business expenditures on new plant and equipment
40. Domestic finance companies—Assets and liabilities, quarterly, June 1970—December 1976
41. Business credit of domestic finance companies, monthly, June 1970—December 1976
42. Mortgage markets
43. Mortgage debt outstanding, by type and by type of holder
44. Instalment credit—Total outstanding and net change, 1970-76
45. Instalment credit—Extensions and liquidations, 1970-76
46.1 Flow of funds accounts—Financial assets and liabilities, December 31, 1976
A. All sectors
B. Private nonbank financial institutions
46.2 Flow of funds accounts, 1965-76
A. Summary of credit market debt outstanding, by sector
B. Direct and indirect claims on credit market debt
C. Summary of principal assets and liabilities
D. Sector statements of financial assets and liabilities
47. Selected measures of nonfinancial business activity
48. Output, capacity, and capacity utilization
A. Output
B. Capacity
C. Capacity utilization
49. Industrial production (for monthly data, 1976 only)
50. Summary of U.S. international transactions
51. U.S. reserve assets
52. Selected U.S. liabilities to foreigners
Short-term liabilities to foreigners reported by banks in the United States:
53.
By holder and type of liability
54.
By country
55.
Supplemental "Other" countries
56. Long-term liabilities to foreigners reported by banks in the United States




145
148
154
156
158
160
163
170
171
173
173
174
175
176
178
185
188
198
208
209
210
211
212
214
224
227
228
229
230
234
237
238
241
247
253
254

Contents-continued

57.
58.
59.
60.
61.
62
63.
64.
65.
66.
67.
68.
69.
70.

Short-term claims on foreigners reported by banks in the United States:
By country
257
By type of claim
263
Long-term claims on foreigners reported by banks in the United States
265
Assets and liabilities of foreign branches of U.S. banks
268
Marketable U.S. Treasury bonds and notes—Foreign holdings and transactions
278
Foreign official assets held at Federal Reserve Banks
281
Foreign transactions in securities
282
Short-term liabilities to and claims on foreigners reported by nonbanking concerns in the United States
A. Liabilities
288
B. Claims
290
Short-term claims on foreigners reported by large nonbanking concerns in the United States
292
Long-term liabilities to and claims on foreigners reported by nonbanking concerns in the United States
A. Liabilities
293
B. Claims
294
Discount rates of foreign central banks
295
Foreign short-term interest rates
296
Weighted-average value of the U.S. dollar, 1967-76
297
Foreign exchange rates
298

Part 2—Special Tables
71.
72.
73.
74.

Statement of condition of each Federal Reserve Bank, December 31, 1976
303
Earnings and expenses of Federal Reserve Banks, 1976
,
304
Banks and branches—Number in operation, December 31, 1976, by States
„
306
Number of commercial banks and branches
A. Banks, by type, December 31, 1971-76
308
B, Branches, December 31, 1941-76
308
75. Banking offices in the United States—Number, and changes in number
A. Banks (Head offices), by type
309
B. Branches, additional offices, and facilities, by type of bank
,
309
76. Changes in offices of commercial banks and nondeposit trust companies during 1976—Summary, by
States
310




77. Banking offices, assets, and deposits of banks in holding company groups, December 31, 1976
A. Details by States
°
311
B. Summary totals and comparisons
314
C. Multibank and one-bank classifications—Summary.
314
78. Number of par and nonpar banking offices
314
79. Revised data for bank income and expense tables for 1975
315
80. Income, expenses, and dividends of insured nonmember banks, and of Federal Reserve member banks
grouped by classification for reserve purposes, 1976
316
81. Income, expenses, and dividends of member banks, 1976, by Federal Reserve district
A. All member banks
318
B. Large banks
320
C. Other-than-large banks
322
82. Income, expenses, and dividends of insured banks, 1976, by size of bank
324
83. Member bank income ratios, 1976
A. All member banks, by class of bank and by Federal Reserve district
326
B. Large banks, by Federal Reserve district
328
C. Other-than-large banks, by Federal Reserve district
330
84. Member bank operating ratios, 1976
A. By Federal Reserve district
332
B. By ratio of time to total deposits, by size
334
C. By size of .bank and by ratio of time to total deposits
338
85. Selected assets and liabilities of minority-owned banks, by size of bank, December 31, 1976
340
86. Denominations of U.S. currency in circulation
341
87. Commercial paper outstanding, 1966-76
A. Total
342
B. Directly placed, by type.. ..
342
C. Dealer placed, by type
343
88. Liquid asset holdings of private domestic nonfinancial investors
344
89. Assets of pension funds
A. Totals for private and public funds, by type of fund
345
B. Types held by private noninsured funds
345
90. Bond prices, by type of issuer
A. Annual and monthly averages
345
B. Weekly averages
346
91. Revised data for July 28, 1976, for interest rates on time and savings deposits
347
92. Revised data for October 27, 1976, for interest rates on time and savings deposits
352
93. Finance rates on selected types of instalment credit
, 358
94. Security credit at banks, by type, June 30, 1976
359
95. Margin credit by source, June 30, 1976
'
359
96. Security credit reported by lenders subject to margin regulations, June 30, 1976
359
97. Detailed debit and credit balances at brokers carrying margin accounts, June 30, 1975 and 1976
360
98. Commitments of life insurance companies for income-property mortgages
361
99. Stock yields, 1976 (Supplement to Table 24)
362




Contents-continued

Part 3—Guide to Tabular Presentation, and Notes to Tables
Guide to tabular presentation
Notes to tables




3(54
365

Part 1 — Regular Tables




1. Monetary aggregates and interest rates
A. Quarterly
1972
Q2

Qi

Item

1973
Q3

Q4

Ql

Q2

1974
Q3

Ql

Q4

Q2

Monetary and credit aggregates
(annual rates of change, seasonally adjusted, l\ per cent) l2

i
Member bank reserves:
Total. .
.
Required
Nonborrowed

9.2
9.4
12.9

11.7
12.0
10.9

8.5
8.1
4.5

12.9
11.8
8.1

10.5
11.5
-0.2

7.8
8.2
4.4

8.1
7.1
6.0

Concepts of money: *
M-l
M-2. .
M-3

7.4
11.8
14.1

7.9
10. 1
12.1

8.3
10.7
13.0

9.1
10.4
12.7

7.6
9.3
10.6

6.1
8.1
8.4

7.6

Time and savings deposits:
Commercial banks:
Total
Other than large CD's
Thrift institutions 2

15.7
16.2
18.1

13.2
12.3
IS. 4

15.6
13.0
16.9

14.9
11.7
16.6

19.0
10.9
12.8

20.3
10.0
9.0

15,4
9.9
7.2

Total loans and investments
at commercial banks 8

13.4

13.1

11.8

15.6

18.3

15.3

13.4

5.5

?!i

j
'

!

5.2
4.9
13.7

5.3
6.6
8.3

5.3
9.0
8.5

6.1
9.7
9.0

8.6
12.5
7.6

14.5
13.0
7.9

8.8

12.3

!

11. 1
10.9

-4.7
5.3
7.2
6,4

!
1

18.7
9.1
5,1
15.1

Interest rates
(levels, per cent per annum)
Short-term rates:4
Federal funds . . . .
Treasury bills (3-month market yield) 6
Commercial paper (90- to7 1 19-day) » .
Federal Reserve discount

3.54
3.44
3.98
4.50

4.30
3.77
4.53
4.50

4.74
4.22
4.88
4.50

5.14
4.86
5.26
4.50

6.54
5.70
6.23
5.11

7.82
6.60
7.46
5.91

10.56
8.32
9.94
7.26

10,00
7.50
9.17
7.50

Long-term rates:
Bonds :
U.S. Government 8
Aaa utility (new issue) 9 . .
State and local government 10

6.04
7.26
5.24

6.08
7.38
5.36

6.00
7,38
5.36

5.92
7.24
5.09

6.86
7.41
5.16

6.97
7.56
5.16

7,39
8.07
5.33

7.26
7.93
5.12

7.55 i
8.28
5.28

8.09
9.19
5.96

7.58

7.60

7.67

7.70

7.75

7.97

8.73

8.77

8,60

9.10

Q3

Q4

Conventional mortgages11

1974

Q3

1975
Q4

Ql

Q2

Q4

11.25
8.15
10.64
7.87

1976

j
Q3

9.32
7.62
8.50
7.50

r "

Ql

Q2

Monetary and credit aggregates
(annual rates of change, seasonally adjusted, in per cent) »
Member bank reserves:
Total
Nonborrowed
Concepts of money: '
M-l . . . .
M-2
M-3

....

Time and savings deposits:
Commercial banks:
Total
Other than large CD's
Thrift institutions 2

. . .

Total loans and investments
at commercial banks 3

-0.2
-0.5
-2.3

0.8
0,1
2.9

-3.7
—3 4
-3\Q

0.6
1.1
0.4

2.7
2.4
2,6

4.4
4.0
4.8

6.9
10.0
12.4

7.1
10. 1
13.1

2,5
6.5
9.6

2.9
9.9
11.4

8.2
10.5
11.8

4.4
9.1
11.4

6.5
12.5
14.4

12.0
9.9
11.1

4.6
12.5
16.3

5.0
12.7
17.9

9.5
9.8
14.4

7.1
15.3
13.9

5.4
12.4

7.0
12.8
14.8

12.2
17.1
17,3

1.0

5.0

4.4

6.0

4.6

8.7

6.9

10.8

7.6
7.7
-3.0

3.1
2.9
30.3

0.2
0.4
13.0

4.2
6.4
5.5

4.3
6.5
6.6

0.7
5.7
7.7

13.9
8.3
3.9

9.0
8.5
6.8

10.3

1.1

-1.7
-1.6
-0.7

'

:3.8 ;

Interest rates
(levels, per cent per annum)
Short-term rates:4
Federal funds . ,
. .
6
Treasury bills (3-month market yield)
Commercial paper (90- to7 119-day)8 . .
Federal Reserve discount

12.09
8,19
11.69
8.00

9.35
7.36
9.23
7.94

6.30
5.75
6.60
6.87

5.42
5.39
5.83
6.12

6.16
6.33
6.56
6.00

5.41
5.63
6.00
6,00

4.83
4.92
5.18
5,60

5.19
5.16
5.45 i
5.50

5.28
5.15
5.41
5.50

4.88
4.67
4,91
5.39

Long-term rates:
Bonds:
U S Government 8
Aaa utility (new issue) 9
State and local government 10, , ,

8.49
10.22
6.72

8.09
9.57
6,74

7.86
9.25
6.65

8,21
9.50
6.96

8.41
9.51
7.23

8.00
8,65
6.98

£.01
£.69 ,
.6.78

7.90
8.48
6.64

9.60

9.57

9.03

9.02

9.13

8.28
9.35 1
7.38
9.20

9.00

8.98

9.03

7.54
8.15
6.18
8,95

Conventional mortgages




ll

...
..

1. Monetary aggregates and interest rates—Continued

B. Monthly changes (monetary aggregates only) A
Annual rates of change, seasonally adjusted, in per cent12
Item

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

197 2

Member bank reserves
Total
Required
Nonborrowed
.
Concepts of money 1
M-l
..
,
M-2
M-3
Time and savings deposits
Commercial bunks:
Total
Other than lurge CD's
Thrift institutions 2
Total loans and investments
at commercial banks 8

13.6
12 6
18.4

5 9
8 4
5 4

11.4
9 8
8 5

14.2
15 7
13.4

11.1
11.9
U.4

11.0
8 3
11 5

2 9
3 3
-3 0

15 5
15 8
9 2

3 2
2 2
-3 3

11 4
11 5
11 0

20 0
14 2
18 2

18 7
21 8
0 7

9 2
13 2
15 7

9 7
12 8
15 6

11 1
11 9
13.1

8.5
8 9
11 1

4.0
8 3
10.3

5 4
10 2
11 9

9 9
10 8
13 2

9 3
11 5
14 1

10 7
11 4
13 9

7 7
9 6
12~2

7 2
88
11 2

13 3
12 2
12 6

16 8
18 2
19.9

17 0
15 4
20.5

9 5
12.3
15.4

11 1
9 7
14.4

16 1
12.5
14.2

16 3
14 8
14.4

13 6
11 8
17.1

17 1
13 5
18.5

14 1
12 0
18.2

13 9
11.4
16 8

15 7
10 4
14.6

14 3
11 2
13.7

14.2

12.4

14.9

12.8

13.6

9.3

10.6

13.5

13.8

13.8

18.8

18.5

19 73

Member bank reserves
Total .
. . . .
Required
Nonborrowed . l .
...
Concepts of money
M-l
M-2
M-3 .
Time and savings deposits
Commercial banks;
Total
Other than large CD's .
Thrift institutions 2
Total loans and investments
at commercial banks 8

7 0
8.1
-2 6

-0 2
2.3
-18 2

16 4
16.1
7 6

7 1
6.6
12 2

1 9
5.2
-3 5

12 2
9.1
12 6

11 5
9.0
8 0

3 8
8.1
-4 7

4 4
2.2
17 6

9 1
8.3
24 9

1 4
2,4
4 7

4 1
1.'2
8 1

10 3
11 0
12 2

2 3
6 1
8 0

-1 9
• 4 7
5 9

6 5
7 6
7 8

13 4
12 0
11 1

9 6
9 7
9 9

4 1
5 9
6 4

2 3
8 1
6 5

-0 5
5 0
5 2

5 9
9 9
9 4

10 4
11 1
10 4

7 i
10 2
10 0

14 9
11 6
13 5

25 3
10 1
11 5

28 5
10 0
7 7

18 1
9 5
8 0

16 0
10 7
9.4

11 3
9 4
10 1

12 9
7 6
7 1

25 2
13 0
39

9 1
10 4
6 0

4 4
13 6
7 8

6 3
11 8
9 5

8 3
12 9
9 4

16.1

21.3

15.4

14.8

14.6

11.0

15.3

14.7

7.5

9.0

5.9

10.1

1974

Member bank reserves
Total .
Required . .
Nonborrowed
Concepts of money 1
M-l ...
M-2
M-3
Time and savings deposits
Commercial banks:
Total
Other than large CD's
Thrift institutions a
Total loans and investments

15 6
21 1
26 0

—4 6
-5 4
— 10 1

08
2 6
—4 0

20 1
18 4
4 5

15 0
15 9
— 17 2

12 3
11 0
—3 0

7 1
8 5
—3 8

2 2
13
1 0

3 0
3 3
5 4

1 3
3*5
59 2

4 2
1 2
25 5

7 3
5 4
26 8

4 4
9 2
8 4

6 2
10 2
88

5 3
7 4
7*6

5 7
7 8
6 8

3 5
4 3
3 4

6 1
8 1
6'5

5 2
7 3
6 3

2 2
5 4
4 8

2 6
4 0
4 5

5 6
9 4
8 2

5 5
65
7 2

2 5
3 7
6 0

20 1
13.6
7.2

18 8
14.2
6 5

8 3
9'.Q
7.5

25 4
9.7
5.4

19 3
5.0
2.0

15 0
10.3
3.7

12 8
7^9
3.7

5 3
5.6
5 0

11 2
12.3
6.6

58
7^4
8.6

11 9
4.8
9 5

11 7

1S 7

16 7

IRQ

in 9

8

14 5
9.1
4 7
n£

C

19 75

Member bank reserves
Total
Required
Nonborrowed ....
Concepts of money 1
M-l... ,
M-2
M-3 . . .
Time and savings deposits
Commercial banks:
Total
Other than large CD's
Thrift institutions 2 . . . ,
Total loans and investments
at commercial banks *




08
4 7
12 6

—8 6
— 10 3
0 2

—1 5
-1 8
—0 1

2 8
4 3
2 6

— 11 0
— 10 9
—9 4

10 1
85
4 4

—4 4
' —39
—7 1

1 2
—1 5
2 0

4 3
4 4
—2 3

6 2
6 8
1 i

88
6 2
13 5

0 7
14
—1 7

-4 2
4 7
68

0 4
7 0
9 1

8 1
8 9
H 3

3 0
69
10 5

11 8
13 6
14 9

13 4
16 1
16 9

4 1
9 7
12 9

4 5
5 4
9 3

3 3
4 8
9 4

—1 2
5 3
8 8

9 0
11 5
11 6

—3 2
4 0
7 2

17 8
12.0
10 7

10 7
13.0
12 6

2 0
10.0
14 7

2 2
9.9
16 7

5 3
15.1
17 1

9 2
18.4
18 1

5 2
14.0
18 1

00
6.4
16 9

6 0
6.0
16 7

12 6
10.7
13 9

13 3
13.6
12 0

8 3
10.1
12 2

3.3

4.8

6.2

3.2

7.5

1.0

5.9

5.7

6.3

9.8

-2.3

-0.2

1. Monetary aggregates and interest rates—Continued

B. Monthly changes (monetary aggregates only) A—Continued
Annual rates of change, seasonally adjusted, in per cent 12

Jan.

Item

Feb.

Apr.

Mar.

May

June

July

Aug.

Se^t.

Oct.

Nov.

Dec.

1976

Member bank reserves
Total
Required
Non bo r ro wed
Concepts of money l
AM
Af-2... .
. . .
M-3
Time and savings deposits
Commercial banks:
Total.
Other than large CD's
Thrift institutions 2
Total loans and investments
at commercial banks 3

-9 8
-9.0
-8 0

-6 1
-5 3
-6 2

-1 7
-1.9
-0 7

0.9
3.4
1 3

4 1
2.2
1 6

41
4.0
37

20
1.3
1 8

5.8
6.9
7.0

=6 2
-6.0
-4 8

60
5.4
4 9

11 8
10.5
12 6

4Q
43
5 5

2.0
10 8
12.1

6.1
14 1
14.7

5.3
78
10.1

14.9
14 1
14.1

6.8
89
10 5

-1.2
4 3
7.1

7.1
12 0
12.8

5.9
8.8
12.4

1.6
1© 3
13.2

13.7
16 1
16.9

0.0
10 6
12.6

77
HI
13 4

4.3
17 2
14 3

9.0
20 5
15 2

2.9
9 8
13 7

I

5.8
14 0
14 1

1.8
99
13.1

11.1

?-§

9.5
15,2
14.1

-0.3
11 4
17.9

1 16 ;.

16.1
18 8
15.3

17.1
16 8
14 2

4.5

7.1

8.5

'

11.1

6.3

7.9

4. 1

9.7

7.6

13.5
17 9
18.1 i
13.5

11.1

8.6

l

9,2

IB ]

2. Factors affecting member bank reserves

A. Annual and monthly averages
Millions of dollars
Factor

1972

1973

1974

1975

1972

1976
Jan.

Feb.

Mar.

SUPPLYING RESERVE FUNDS
75 , 744

81,617

89,470

94 , 805

103,910

75,415

73,994

73,181

69,993
69 839
154

74,521
74,129
392

79,904
79,420
484

83,066
82,139
927

90,090
88,572
1,518

70, 036
69 , 677
359

69,234
69,136
98

68,492
68,355
137

981
970
11

1,537
1,473
64

3,260
3,076
184

5,395
5,295
100

6,744
6,664
80

651
623
28

732
726

781
778<i

89
322
3 339
1,020

101
1,678
2 739
1,041

286
2,054
2,301
1,665

786
195
2,116
3,247

605
84
2,648
3,739

126
20
3,405
1>177

79
33
2,959
957

81
99
2,948
780

10 188
400
8,039

10 648
400
8,510

11,572
400
8,911

11,614
461
9,618

11,598
721
10,593

10, 32
400
7,656

9,851
400
7,795

9,588
400
7,859

Currency in circulation
.
Treasury cash holdings
....
Deposits, other than member bank reserves, with F, R.
Banks:
Treasury
Foreign
Other a

62,174
393

67,617
389

73,960
301

80 , 674
338

88,433
487

60,201
437

59,681
436

60,137
388

1,851
192
627

2,484
331
711

2,171
356
756

3,424
294
780

7,255
270
886

2.&U
UU
7S0

2,421
172
683

933
170
597

Other F. R liabilities and capital
Member bank reserves with F. R. Banks

2,300
26,834

2,726
26,917

3,139
29,670

3,198
27,790

3,284
26,207

2.2C8
26,955

2,273
26,374

2,247
26,555

Reserve Rank credit outstanding.
l

U.S. Govt. securities
Bought outright
Held under repurchase agreement
Federal ttgcncy securities*
Bought outright. ,
Held under repurchase agreement. .
Acceptances
Loans
. . .
Float
Other Federal Reserve assets
Gold stock
Special Drawing Rights certificate account
Treasury currency outstanding ,
. . .
ABSORBING RESERVE FUNDS




i

2. Factors affecting member bank reserves—Continued
A. Annual and monthly averages—Continued
Millions of dollars

1972

Factor

Apr.

May

June

July

Aug.

75 171

75,705

76,108

77,035

70 064
69,904

70,448
70,412

160

36

70,537
70,530

70,992
70,888

Federal agency securities
Bought outright, . . .
Held under repurchase agreement

575
866
9

980
979
1

1,095
1,094

Acceptances .
Loans
Float .
Other Federal Reserve assets

102
109

84
119

79
94

Dec.

Sept.

Oct.

Nov.

76 , 676

75,451

77,331

75,959

76,851

70,713
70,596

69,185
69,082

70,326
70,172

70,033
69,754

69,863
69 , 575

1,097
1,084

1,145
1,136

1 ,067
1,053

1,033
1,022

1,079
1,061

1,231
1,215

85
202

78
438

68
514

84
574

105
606

91

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding
U S. Govt securities l
Bought outright
Held under repurchase agreement

,

7
1

104

117

9

13

103

14

154
11

279

18

288

16

3,031

3,140

3,370

933

3,548
1 111

3,345

3,723

894

4,112
1 202

2,966
1,170

1,049
3,479
1,138

9 588

10 224

10 410

10 410

10 410

10 410

10 410

10,410

10,410

7 922

7,991

8 043

8,080

8,137

8,183

8,230

8,278

8,293

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves, with F. R.
Banks :
Treasury
Foreign
, ,.
Other 2

60 717

61,182

573

61 874

62 , 669

62,726

62,913

63,385

64,543

66,060

405

1,688

2,170

2,673

2,398

2,025

171
604

938
190
619

1,369

1,321

1,449

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks

2,313
27 144

2,289
27 , 347

2,304
27,002

2,329
27,361

2,324
27,454

2,240
27,224

2,336
28,088

2,378
25,631

2,362
24,830

. . .

Gold stock
Special Drawing Rights certificate account
Treasury currency outstanding, .

990
400

934
400

400

400

957
400

400

400

400

400

ABSORBING RESERVE FUNDS

200
615

185
574

356
153
598

342

319

209
617

320

362

200
631

375

195
604

350

272
631

19 73

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

SUPPLYING RESERVE FUNDS
78 , 057

77 594

79,219

80 , 542

81,831

80 , 547

83,929

82,443

81,810

83,644

U,S. Govt. securities 1
Bought outright.
Held urnder repurchase agreement

70 855
70 400
455

70 977
70 773
204

72,710
72,339
371

74 024
73 640
384

75 , 445
74,953
492

73 , 992
73,744
248

75,826
75,361
465

75,016
74,864
152

74,436
74,137
299

76,278
75,846
432

Federal agency securities
Bought outright
Held under repurchase agreement

1,339
1,311

1,330
1,309

1, 309
1,285

1,329
1 274

1 ,313
1,252

1,363
1,303

1,622
1,514

1,637
1,611

1,637
1,575

1,764
1,654

107

140

117

106

138

91

88

65

62

Reserve Bank credit outstanding

Acceptances
Loans
Float.
Other Federal Reserve assets

28

1,164
3 262
1 329

21

24

55

61

26

62

no
79

2,144
2,563
1,018

1,861
2,925

889

1,465
2,936
1,122

10,410
400
8,518

10,410
400
8,538

10,410
400
8,549

10,410
400
8,584

10,933
400
8,613

66,726

67 , 609

68,382

68,394

68,592

68,909

3 471

4,121

2,408

3,375

1,674
300
838

792
332
781

1,718

2 622
26 281

2,721
26,157

2,732
25,777

2,846
27,205

2,877
27,375

2,848
27,510

2,866
28,458

1,858
2,387

10,410
400
8 321

10,410
400
8 353

10,410
400
8,406

10,410
400
8 444

10,410
400
8,478

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
Foreign2
Other

65,274

64 , 564

65,072

66,068

2 033

2 956

3 598

Other F. R. liabilities and capital
Member bank reserves with F. R Banks .

2 365
26 214

2 482
25 426

2 530
25 848

839

108

2,050
3,163
1,180

1,786
2,190

1 593
2 550
1 004

Gold stock
Special Drawing Rights certificate account.. . .
Treasury currency outstanding

60

1 721
2 319
1 043

960

1,788
2,371

942

ABSORBING RESERVE FUNDS




364

294
644

382

302
645

384

338
666

414
275
666

413
330
652

386

266
698

346
341
782

344

349

622
266
752

2, Factors affecting member bank reserves—Continued

A. Annual and monthly averages—Continued
Millions of dollars
19 74

19 73

Factor

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

83 , 756

85,642

86 , 568

85,493

84,943

86,907

89 4Q;5

89 254

91 554

*>1 367

76 , 630
76,177
453

77,750
77,021
729

78,835
78 , 686
149

78,819
78 595
224

78,627
78,162
465

79,248
78 653
595

80 4$'?

79 5CK*
997

79 940
79 247
693

80 611
80 123
488

80 783
SO 61 6
'l(i7

Federal agency securities. ,
Bought outright
Held under repurchase agreement. . ,

1,827
1,760
67

1,951
1,812
139

1 ,958
1,922
36

1,982
2,059
\ 956 2,022
37
26

2,319
2 220
99

2 937
2 51?
400

2 872
1 612
260

3 702
3 373
'329

3 710
1 605
* '105

Acceptances
Loans . . .
Float
Other Federal Reserve assets

58
1,399
2,764
1,078

150
1,298
3,414
1,079

88
1,044
3,385
1,258

89
1,186
2,300
1 117

129
1,352
1,816
960

171
1 714
2,295
1 160

273
2 580
2 025
1 093

222
3 000
2,114
1 106

323
3 308
2 267
1 343

283
3 151
1 983
1 258

Gold stock
11,567
Special Drawing Rights certificate account . . . .
400
Treasury currency outstanding
. .
8 642

11 567
400
8 668

11,567
400
8,705

11 567
400
8,747

11,567
400
8,767

11 567
400
8,807

11 567
400
8 838

11 567
400
8 877

11 567
400
8 905

11 567
400
8 951

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding
U.S. Govt. securities 1
Bought outright
Held under repurchase agreement. .

ABSORBING RESERVE FUNDS
Currency in circulation
Treasury cash holdings
,
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury. . . . . . . . .
Foreign
Other 2

69 927
340

71 646
323

70,962
349

70,411
342

71,081
334

72,176
308

72 876
286

73 , 749
293

74 556
275

74 709
283

1,772
522
689

1,892
406
717

2,488
427
713

2,972
293
682

1,803
311
699

1,712
328
702

3,000
320
699

2,015
491
691

2 795
296
773

2 613
326
831

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks

2,854
28,259

2,942
28 352

2,904
29 , 396

2,932
28 , 574

2,998
28,450

2,985
29,469

3,168
29,861

3,187
29 , 672

3,216
30 514

3,240
30 264

June

19 75

1974

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

91,617

90 971

91,302

93,967

93 , 002

91,168

90,819

93,214

97,845

95,119

BO 446
80 196
250

79 , 577
79 292
285

79,675
79,208
467

81,677
80 674
1,003

81,214
80,681
533

79 , 985
79,183
802

79,758
79,383
375

SI , 774
30,928
846

86,405
84 205
2,200

83 , 716
82,513
1,183

Federal agency securities
Bought outright
Held under repurchase agreement. .

3 938
3*853
85

4 158
4 Oil
147

4 377
4,187
190

5 002
4,528
474

4,825
4,688
137

4 ,759
4,660
99

5 089
5,015
74

5,306
5,189
117

5 513
5,150
363

5 196
5,085

Acceptances . . . . .
. . .
Loans. . . . .
Float
Other Federal Reserve assets

359
3 287
2 239
1 349

376
I 793
2,083
2 984

385
1 285
2,409
3,171

722
703
2,734
3,129

726
390
2,456
3,391

779
147
2,079
3,419

730
106
1,994
3,142

726
110
2,061
3,237

951
60
1,877
3,039

792
27 1
2,046
3,098

Gold stock
11 567
Special Drawing Rights certificate account . . . .
400
8 992
Treasury currency outstanding

11 567
400
9,041

11,567
400
9,113

1 1 , 630 11,647
400
400
9,235
9,179

1 1 , 626
400
9,284

11,620
400
9,362

I 1 , 620
400
9,410

11,620
429
9,464

1 1 , 620
500
9,536

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding..
U.S. Govt. securities 1
Bought outright
Held under repurchase agreement

in

ABSORBING RESERVE FUNDS
Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury. ...
.
Foreign
.
Other a . .

75 098
303

75 654
315

77,029
302

78,951
220

77 , 780
221

76,979
236

77,692
277

7£,377
309

79 , 102
326

80 , 607
355

2 451
456
766

1,601
294
869

864
370
770

1,741
357
874

2,087
336
884

2,374
317
711

1,887
363
958

3,532
307
718

8,115
262
746

3,353
272
989

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks

3,345
30,156

3,260
29,985

3,149
29,898

3,266
29,767

3,264
29,713

3,358
28,503

3,076
27,948

3,137
28,264

3,231
27,576

3,191
28,007




2. Factors affecting member bank reserves—Continued
A. Annual and monthly averages—Continued
Millions of dollars
1975

1976

Factor
July

Aug.

Sept.

Nov.

Oct.

Jan.

Dec.

Feb.

Mar.

Apr.

SUPPLYING RESERVE FUNDS
94,144

92,395

95,277

96,931

97,817

99,651 100,172 101,369 101,336 100,317

83,053
82,798
,
255

81,610
81,149
461

83,653
82,123
1,530

84,548
83,676
872

84,776
83,488
1,288

55,957
85,153
804

86,725
85,359
1,366

88,175
86,470
1,705

88,162
86,896
1,266

86,582
85,580
1,002

Federal agency securities
Bought outright
Held under repurchase agreement.

5,113

5,084
29

5,219
5,199
20

5,538
5,408
130

5,928
5,871
57

6, 158
6,072
86

6,151
6,072
79

6,273
6,165
108

6,435
6,342
93

6,718
6,607
111

6,661
6,607
54

Acceptances
Loans.
Float
Other Federal Reserve assets.

706
261
1,911
3,100

711
211
1,691
2,953

807
396
1,823
3,060

798
191
1,945
3,521

861
61
2,480
3,481

853
127
3,029
3,534

906
79
2,684
3,505

924
76
2,375
3,384

782
58
2,204
3,412

650
44
2,236
4,144

11,620
500
9,616

11,604
500
9,721

11,599
500
9,793

11,599
500
9,877

11,599
500
10,010

11,599
500
10,094

11,599
500
10,177

11,599
500
10,267

1 1 , 599
500
10,436

11,599
500
10,501

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
Foreign
Other 2

81,758
358

81,822
368

81,903
361

82,215
387

83,740
415

85,810
452

84,625
496

84,002
527

85,014
511

86,565
524

2,207
269
711

818
274
660

3,415
308
798

4,9-10
271
632

4,333
297
649

3,955
259
906

5,903
287
916

8,811
280
716

7,653
264
810

5,211
254
815

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks.

3,135
27,442

3,096
27,183

3,169
27,215

3,208
27,254

3,276
27,215

3,247
27,215

3,225
26,995

3,231
26,168

3,252
26,366

3,203
26,345

Reserve Bank credit outstanding
U.S. Govt. securities l
Bought outright
Held under repurchase agreement

Gold stock
Special Drawing Rights certificate account.. . .
Treasury currency outstanding
ABSORBING RESERVE FUNDS

1976
May

Aug.

Sept.

Oct.

Nov.

Dec.

103,106 1 104,799

105,393

105,880

107,270

106,522

107,632

90,256

91,583

91,966

93,535

92,659

89,259
2,324

89,926
2,040

91,886
1,649

91,527
1,132

93,412
91,031
2,381

6,875
6,799

6,831

6,839

6,763
68

6,757
82

6,848
6,804
44

6,916
6,805
111

104
2,512
3,739

447
75
2,880
3,681

323
66
2,763
3,744

326
84
3,094
3,511

11,598

11,598
1,123
10,778

11,598
1,200
10,826

U.598
1,200
107865

July

June

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding

102,951

U.S. Govt. securities l
Bought outright
Held under repurchase agreement.

89,182

88,704

87,354
1,828

87,477
1,227

89,405

Federal agency securities
Bought outright
Held under repurchase agreement.

6,785
6,695

90

6,888
6,812
76

6,849
6,805
44

742
121
2,071
4,051

647
120
2,678
4,069

475
123
2,721
4,375

11,599

11,598
700

11,598

500
10,552

11,598
530
10,623

10,648

10,690

703
10,737

Currency in circulation
Treasury cash holdings
,
Deposits, other than member bank reserves, with F. R.
Banks:
Treasury
Foreign
Other *.

87,389
507

8,547
510

89,423
467

89,548
454

89,863
442

90,312

482

91,988
458

93,730
464

7,215
286
655

6,778
252
784

7,404
262
945

7,797
275
979

8,270
249
1,071

9,199
266
1,012

6,709
259
947

6,138
306

Other F. R» liabilities and capital.
Member bank reserves with F. R. Banks

3,314
26,236

3,275
25,711

3,310
25,933

3,326
26,001

3,315

3,372
26,127

3,326
26,458

3,253
26,430

Acceptances
Loans
Float
Other Federal Reserve assets.
Gold stock
Special Drawing Rights certificate account.
Treasury currency outstanding

851

76

580

700

457
62
,536

,249

ABSORBING RESERVE FUNDS




i

i

25,708

974

2. Factors affecting member bank reserves—Continued
B. Weekly averages of daily figures
Millions of dollars

1976 week endi ng

Factor

Jan. 7 . Jan. 14

Jan. 21

Jan. 28

Feb. 4

Feb. 11

Feb. 18

Feb. 25

Mar. 3

SUPPLYING RESERVE FUNDS
102,215

97,987

98,361

101,088

101,509

98,652

ltM>,962

103,686

102,832

U S Govt securities 1
Bought outright
Held under repurchase agreement

87,943
86,390
1,553

84,868
84,868

55,550
84,930
620

$7,575
85,168
2,347

88,904
85,616
3,288

85,516
85,516

88,002
86,407
1,595

90,177
87.262
2,915

89,744
87,596
2,148

Federal (tttcncy securities
Bought outright
,
Held under repurchase agreement

6,208
6,072
136

6,072
6,072

6,155
6,140
15

5,525
6,312
213

6,566
6,312
254

6,311
6,311

6,394
6,311
83

6,433
6,311
122

6,660
6,565
95

1,046
67
3,450
3,501

742
45
2,846
3,414

750
153
2,380
3,373

966
58
2,401
3,622

1,141
57
2,170
3,671

734
51
2,359
3,683

820
56
2,155
3,535

1,035
148
2,934
2,959

1,148
83
2, 115
3, OBI

11,599
500
10,119

11,599
500
10,139

11,599
500
10,157

11,599
500
10,246

11,599
500
10,263

11,599
500
10,256

; 1,599
500
10,257

11,599 1
500
10,269

11, 5M9
500
10,356

Currency in circulation
,.
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
.
. . .
Foreign
Other 2

86,011
478

85,140
496

84,288
519

83,581
52,

83,406

537

83,951
529

84,369
533

84,061 1
521

£4,077
513

5,939
278
1,185

3,414
338
903

4,040
304
922

8,385
230
772

9,805
268
730

6,966
247
688

10,783
278
692

9,911
312
813

Other F. R liabilities and capital
Member bank reserves with F. R. Banks

3,059
27,483

3,167
_ 26,766

3,312
26,815
_ __

3,038
25,590

:;,225
2t,885

3,347
26,372

3,289
26,371

May 5

Reserve Bank credit outstanding . ,

Acceptances
' Loans
Float
Other Federal Reserve assets
Gold stock
Special Drawing Rights certificate account. . . ,
Treasury currency outstanding ,
ABSORBING RESERVE FUNDS

3,219
3,359
27,324 > 26,585

7,354 '
279
673

1976 week endi ng-

„ I1

Apr. 7

Apr. 14

Ap.% 21

Apr. 28

101,850

98,014

97,002

102 544

102,386

105,278

89,892
87,802
2,090

88,823
87,310
1,513

84,931
84,931

83,636
83,339
297

88,099
86,130
1,969

88,478
87,360
1,118

90,772
87,682
3,090

6,607
6,607

6,832
6,607
225

6,8 1 5
6,607
208

6,607
6,607

6,621
6,607
14

6,722
6,507
115

6,677
6,607
70

6,718
6,607
111

733
48
2,577
3,232

40
2,446
3,347

747
78
2,041
3,501

831
36
1,657
3,687

535
24
2,101
3,816

543
61
2,061
4,079

323
40
2,:?20
4,340

627
- 54
2,249
4,301

892
30
2,464
4,402

11,599
500
10,430

11,599
500
10,436

11,599
500
10,442

11,599
500
10,442

11,599
500
10,452

11,599
500
10,507

11,!99
500
10,514

11,599 i
500
10,522

11,599
500
10,499

Currency in circulation
Treasury cash holdings. . . .
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
Foreign.
,.
Other 2
.

84,776
510

85,261
498

85,168
514

85,124
522

*5,713
523

86,794
529

87,t)6
5>7

86,627
516

86,745
526

7,227
288
740

6,036
262
950

3,972
267
822

7,705
246
724

4,268
277
914

2,421
261
698

6,003
I';**
S<6

6,861
238
821

8,910
284
815

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks,

3,061
25,283

3,217
26,072

3,343
26,547

3,433
26,635

3,030
25,840

3,148
25,756

3,236
27,208

3,334
26,610

3,389
27,208

Mar. 10

Mar. 17

Mar. 24

Mar. 31

99,358

99,762

103,091

6,152
85,506
646

86,709
86,709

Federal agency securities
Bought outright
Held under repurchase agreement

6,616
6,607
9

Acceptances
Loans
Float
Other Federal Reserve assets

U,S Govt securities 1
Bought outright .
..
Held under repurchase agreement . <

Gold stock
Special Drawing Rights certificate account. . . .
Treasury currency outstanding
ABSORBING RESERVE FUNDS




1

.

SUPPLYING RESERVE FUNDS
Reserve Bunk credit outstanding

.

2, Factors affecting member bank reserves—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars
1976, week ending —

Factor
May 12

May 19

May 26

June 2

June 9

June 16

June 23

June 30

July 7

101,105

102,296

103,463

1,02,717

98,214

101,056

104,741

108,925

107,883

87, 091
86,492
599

88,432
87,170
1,262

90,020
87,957
2,063

89,071
87,076
1,995

84,135
84,135

86,991
86,715
276

90,216
88,847
1,369

94,302
90,691
3,611

92,992
90,726
2,266

Federal agency securities . .
. . . .
Bought outright
Held under repurchase agreement . .

6,627
6,607
20

6,687
6,607
80

6,964
6,841
123

6,827
94

6,921

6,827
6,827

6,8/3
6,805
8

6,936
6,805
131

6,992
6,805
187

6,943
6,805
138

Acceptances
.
,.
Loans
'.
Float
Other Federal Reserve assets

575
55
2,395
4,361

664
122
2,377
4,015

811
136
1,795
3,737

726
242
1,962
3,795

422
93
2,938
3,799

445
49
2,508
4,251

797
165
2,535
4,092

990
165
2,327
4,150

795
126
2,461
4,566

11,599
500
10,535

11,599
500
10,541

11,599
500
10,581

11,598
500
10,580

11,598
500
10,609

11,598
500
10,616

11,598
514
10,634

11,598
614
10,630

11,598
700
10,641

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
Foreign
..„
Other 2

87,422
522

87,502
514

87,402
493

87,890
488

88,601
503

88,765
507

«8,527
513

•88,358
511

89,231
510

6,473
300
568

8,055
232
624

6,777
275
716

'2,951
255
669

4,050
261
1,031

8,348
243
723

11,788
251
699

10,415
257
1,025

Other F. R. liabilities and capital
Member bank reserves with F, R. Banks. . . .

3,136
25,271

3,234
26,346

3,409
25,927

3,416
2-5,834

3,056
24,885

3,187
25,970

3,333
25,801

3,535
26,629

3,232
26,153

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding .
U S. Covt, securities l
Bought outright
Held under repurchase agreement

Gold stock. . „
Special Drawing Rights certificate account
Treasury currency outstanding
ABSORBING RESERVE FUNDS

6,427 '
327
632

1976, week ending —
July 14

July 21

July 28

Aug. 4

Aug. 11

Aug. 18

Aug. 25

Sept. 1

Sept. 8

104,239

104,046

103,424

105,395

102,015

14)4,231

10,7,745

107,748

103,645

88,999
88,999

89,542
89,183
359

89,516
88,989
527

91,216
88 , 582
2,634

88,023
88,023

90,485
88,909
1,576

94,367
90,195
4,172

93,758
90,425
3,333

90,606
90,499
107

6,805
6,805

6,817
6,805
12

6,836
6,805
31

6,880
6,805
75

6,805
6,805

6,851
6,805
46

6,945
6,801
144

6,897
6,778
119

6,782
6,778
4

350
176
3,448
4,460

370
59
2,680
4,579

355
159
2,471
4,087

672
157
2,450
4,020

312
122
2,513
4,239

469
85
2,754
3,587

704
68
2,274
3,388

770
93
2,573
3,657

266
45
2,441
3,505

11,598
700
10,641

11,598
700
10,656

11,598
700
10,664

11,598
700
10,658

1 1 , 598
700
10,681

11,598
700
10,695

11,598
700
10,698

11,598
700
10,702

11,598
700
10,720

89,971
476

89,582
443

89,077
456

89,226
443

89,759
439

89,897
436

89,484
432

8^,273
423

39,917
419

7,121
255
772

$.622
282
945

6,218
250
1,043

7,623
288
1,023

5,416
224
934

6,067
352
909

10,135
240
943

10,126
259
1,245

6,735
267
1,062

3,212
25,370

3,286
26,842

3,427
25,915

3,398
26,351

3,136
25,088

3,253
26,311

3,394
26,111

3,538
25,884

3,095
25,168

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding
U.S. Govt, securities * . .
. ...
Bought outright
Held under repurchase agreement. . . . .
Federal agency securities
Bought outright
Held under repurchase agreement
Acceptances
Loans . . . . . . . . .
.. ..
Float.
. . . . .
.
Other Federal Reserve assets

.

. . .

Gold stock
Special Drawing Rights certificate account, . . .
Treasury currency outstanding
ABSORBING RESERVE FUNDS
Currency in circulation
Treasury cash holdings .
.
. . . . .
Deposits, other than member bank reserves,
with F. R. Banks:
Foreign
Other 2

.

.

.

.

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks




.

2* Factors affecting member bank reserves—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars
1976, week ending-

Factor
Sept. IS

Sept, 22

Sept. 29

Oct. 6

Oct. 13

Oct. 20 I Oct. 27

Nov. 3

Nov. 10

SUPPLYING RESERVE FUNDS
101,426

107,046

109,848

109,436

105,014

107,581

107,066

108,480

104,656

U.S. Govt. securities 1
Bought outright
Held under repurchase agreement.

87,175
87,175

92,808
90,329
2,479

96,166
91,495
4,671

95,150
90,951
4,199

91,557
90,442
1,115

93,382
92,303
1,079

93,660
93,166
494

94,852
92,935
1,917

90,803
90,417
386

Federal agency securities
Bought outright
Held under repurchase agreement.

6,760
6,760

6t821
6,757
64

6,903
6,757
146

7,023
6,757
266

6,818
6,757
61

6,791
6,757

34

6,773
6,757
16

6,357
6,757
100

6, 7$ 2
6,757

Acceptances
Loans
,
Float
Other Federal Reserve assets.

253
61
3,467
3,709

550
44
3,131
3,693

603
87
2,414
3,675

632
101
2,657
3,873

286

248
48
3,470
3,643

210
119
2,553
3,750

343

2,596
3,710

202
2,349
3,877

234
50
2,954
3,851

11,598
700
10,735

11,598
700
10,741

11,598
700
10,753

11,598
10,760

800

11,598
1,200
10,782

11,598
1,200
10,786

11,598
1,200
10,798

11,598
1,200
10,774

11,598
1,200
10,814

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks;
Treasury
Foreign
Others

90,355
410

89,848
460

^9,402
474

89,738
499

90,633
500

491

£0,218
457

90,558
448

91,430
450

3,768
262
1,197

9,316
229
953

12,303
220
914

11,633
273
1,039

7,811
237
1,020

3,399
291
1,010

9,093
243
1 ,018

9,650
319
1,057

6,768
237
877

Other F. R. liabilities and capital
Member bank reserves with F. R. banks

3,20$
25,261

3,371
25,908

3,529
26,05?

3,383
26,028

3,212
25,180

3,318
27,113

3,450
26,184

3,679
26,343

3,090
25,417

Reserve Bank credit outstanding

Gold stock
Special Drawing Rights certificate account...
Treasury currency outstanding
ABSORBING RESERVE FUNDS

1976, week ending—

Nov. 17

Nov. 24

Dec. I

Dec. 8

Dec. 15

Dec. 22

Dec. 29

SUPPLYING RESERVE FUNDS
106,157

106,472

107,590

103,527

104,725

108,578

112,662

U.S. Govt. securities 1
Bought outright
Held under repurchase agreement.

92,229
91,505
724

93,045
91,756
1,289

95,225
91,593
1,632

89,543
89,543

91,544
90,761
783

94,495
91,811
2,684

97,278
91,791
5,487

Federal agency securities
Bought outright.. .
Held under repurchlase agreement.

6,778
6,757
21

6,911

6,871
40

6,915
6,856
59

6,833
6,833

6,825
6,800
25

6,883
6,794
89

7,076
6,794
282

Acceptances
Loans
Float
Other Federal Reserve assets.

280
54
3,312
3,504

339
44
3,056
3,077

401
87
3,556
3,407

195
26
3,530
3,400

258
69
2,826
3,203

3,564
3,158

440
37

810
82
4,224
3,191

11,598
1,200
10,824

11,598
1,200
10,842

11,598
1,200
10,843

11,598
1,200
10,848

11,598
1,200
10,862

11,598
1,200
10,874

11,598
1,200
10,881

Currency in circulation
Treasury cash holdings.
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
Foreign
Other 2

92,067
471

92,318
461

92,781
463

93,019
477

93,660
465

93,983
445

94,295
464

6,005
287
910

6,383
220
795

3,531
280
1,133

3,708
258
982

3,442
271
1,046

3,478
305
916

9,781
385
882

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks. . , .

3,262
26,777

3,338
26,596

3,470
26,573

3,069
25,660

3,134
26,365

3,263
26,859

3,492
27,043

Reserve Bank credit outstanding

Gold stock
Special Drawing Rights certificate account...
Treasury currency outstanding
ABSORBING RESERVE FUNDS

10



2. Factors affecting member bank reserves—Continued

C. Wednesday figures
Millions of dollars
1976

Factor
Jan. 7

Jan. 14

Jan. 21

Jan. 28

Feb. 4

Feb. 11

Feb. 18

Feb. 25

Mar. 3

99 , 896

99 , 100

99 429

105 , 900

102,406

99 , 375

102 611

107 611

104 433

85 , 623
84,738
885

85 , 435
85,435

55 , 756
85,756

91 , 639
85,521
6,118

88 , 403
85,588
2,815

86 , 299

86 , 299

88 , 889
86,559
2,330

93 010
87,239
5,771

90 009
87,680
2,329

Federal agency securities
Bought outright
Held under repurchase agreement

6,249
6,072
177

6,072
6,072

6,312
6,312

6 JOS
6,312
393

6,5/5
6,311
204

6,311
6 311

6 ,468
6 311
157

6 ,544
6,310
234

6,707
6,607
100

Acceptances
.
Loans
Float
.
.
....
Other Federal Reserve assets

954
41
3,586
3,443

735
48
3,448
3,362

736
843
2,387
3,395

1,156
138
2,594
3,668

1,045
44
2,715
3 684

2,311
3 672

720
62

1,003
59
3,156
3 036

1,196
688
3,152
3 021

1,127
317
3,120
3,153

1 1 , 599
500
10,138

1 1 , 599
500
10,142

1 1 , 599
500
10,243

1 1 , 599
500
10,250

1 1 , 599
500
10,256

11 599
500
10,256

1 1 , 599
500
10,261

1 1 , 599
500
10,272

11 , 599
500
10,427

Currency in circulation
Treasury cash holdings. . . .
...
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
Foreign
..
...
Other 2
,

85 712
487

84,950
502

84,130
518

83,609
513

83,750
531

84,463
517

84,584
523

84,135
523

84,601
505

4,682
248
943

10,360
209
627

7,800
225
717

6,705
257
594

9,603
252
501

10,836
261
975

9,820
233
690

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks

3,068
29,466

3,254
27 , 996

3,427
29 , 503

2,986
28,751

3,096
26 , 097

3,224
26,285

3,435
29,816

2,994
28,115

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding
U S Govt securities *
Bought outright . ...
...
Held under repurchase agreement

..

Gold stock
Special Drawing Rights certificate account
Treasury currency outstanding
ABSORBING RESERVE FUNDS

2 246
244
909

4,217
235 '
969
3,166
27,301

1976
Mar. 10

Mar. 17

Mar. 24

Mar. 31

Apr. 7

Apr. 14

Apr. 21

Apr. 28

May 5

94 773

100 , 326

103 , 140

103,401

94,381

100,028

106,774

106,165

105,072

80,960
80,960

85 , 823
85,823

89 , 082
88,064
1,018

89 , 753
87,293
2,460

80 ,956
80,956

85 , 250
83,172
2 ( 078

91 , 280
86,309
4,971

91,377
87,235
4,142

89 , 761
87,633
2,128

6,607
6 607

6,607
6 607

6,838
6 607
231

6,894
6 607
287

6,607
6,607

6,707
6 607
100

6,871
6,607
264

6,803
6,607
196

6,679
6,607
72

623
36
3,283
3,264

585
72
3,869
3,370

615
324
2,668
3,613

883
54
2,110
3,707

525
41
2,539
3,713

673
322
2,755
4,321

850
173
2,923
4,677

809
246
2,579
4,351

714
41
3,340
4,537

H 599
500
10,433

11 599
500
10,440

11 599
500
10,446

11 599
500
10,403

11 599
500
10,452

11 599
500
10,511

11,599
500
10,519

1 I , 599
500
10,526

1 1 , 599
500
10,533

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury.
..
Foreign
.
Other 2. . . .

85 330
510

85 454
'507

85 307
524

85 498
524

86 527
522

87 297
525

87 158
511

86 802
517

87,289
513

5 300
255
936

9 531
234
982

8 838
271
755

7 144
305
796

1 456
246
767

2 257
242
788

7,894
252
1,114

9,023
287
741

6,046
298
795

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks

3 106
21,868

3 220
22,936

3,330
26,660

3,490
28,150

2,978
24,435

3,161
28,368

3,460
29,003

3,447
27,973

3,061
29,702

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding
U.S. Govt. securities * . , . .
. .
Bought outright
Held under repurchase agreement .
Federal agency securities
Bought outright
Held under repurchase agreement. .
Acceptances
Loans
Float
Other Federal Reserve assets

..

....

Gold stock.
Special Drawing Rights certificate account
Treasury currency outstanding
ABSORBING RESERVE FUNDS




11

2. Factors affecting member bank reserves—Continued

C. Wednesday figures—Continued
Millions of dollars

1976

Factor

|
May 12

May 19

1

May 26

June 2

June 9

June 16

'1

June 23

June 30

July 7

!

SUPPLYING RESERVE FUNDS
104,866

105,035

104,356

98,718

97,492

106,174

110,679

106,593

U.S. Govt. securities 1
Bought outright
Held under repurchase agreement

89 , 63 2
87,529
2,103

90,237
87,207
3,080

89,953
87,953
2,000

84,598
84,598

83,227
83,227

89,281
87,350 \
1,931

90,611
89,998
613

94,446
90,575
3,871

91, MU
90, UK)
1,401

Federal agency securities
Bought outright
...
Held under repurchase agreement

6,692
6,607
85

5,757
6,607
150

6,932
6,827
105

6,827
6,827

6,827
6,827

6,861
6,805 i
56

6,848
6,805
43

7,082
6,805
277

6,805
6,805

Acceptances
Loans
Float
Other Federal Reserve assets . . . .

718
258
3,181
4,385

881
541
3,027
3,542

715
645
2,291
3,820

420
166
2,705
4,002

412
351
2,856
3,819

677
61
3,570
3,965

698
837
3,025
4,155

1,027
314
3,577
4,233

560
71
3,038
4,538

11,599
500
10,540

11,599
500
10,548

11,598
500
10,588

11,598
500
10,596

11,598
500
10,609

11,598
500
10,623

11,598
600
10,639

11,598
700
10,573

11,59H
700
10.64J1

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks;
Treasury
,
Foreign . . .
Others

87,818
510

87,611
493

87,782
480

88,520 ,'
513

88,987
495

88,896
510

!I8,594
507

88,878
480

90,014
492

5,795
332
588

7,861
230
518

7,655
251
941

6,128
235
849

2,496
238
637

5,763
235
787

11,052
254
740

11,972
349
847

7,478
260
800

Other F. R. liabilities and capital. . .
Member bank reserves with F. R. Banks

3,207
29,255

3,336
27,632

3,435
26,498

3,002
22,165

3,112
24,234 j

3,273
27,672

3,378
24,485

3,564
27,460

3,134
27 , 354

Reserve Bank credit outstanding . . .

Gold stock
Special Drawing Rights certificate account.
Treasury currency outstanding

104,415

ABSORBING RESERVE FUNDS

1976
July 14

July 21

July 28

Aug. 4

Aug. 11

Aug. 18

Ai:g. 25

Sept. 1

Sept. 8

106,427

104,708

106,157

109,515

101,270

109,619

10*;, 750

111,135

103,925

95,902
90,829
3,073

95,284
89,630
5,654

90 , 295
89,542
753

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding
U.S. Govt. securities *
Bought outright
Held under repurchase agreement .

90,004
90,004

89,481
89,481

91 , 180
88,442
2,738

93 , 291
88,536
4,755

85,990
85,990

94,803
89,415
5,388

Federal agency securities
Bought outright.
Held under repurchase agreement .

6, SOS
6,805

6,805
6,805

6,945
6,805
140

6,971
6,805
166

6,805
6,805

6,916
6,805
111

6,885
6,778
107

6,998
6,778
220

6,803
6,778
25

Acceptances
Loans
...
Float
Other Federal Reserve assets

343
1,013
3,862
4,400

340
125
3,546
4,411

450
676
2,965
3,941

799
770
3,596
4,088

300
599
3,367
4,209

684
286
3,825
3,105

549
73
3 300
4,041

868
271
3,186
4,528

321
40
2,844
3,622

11,598
700
10,644

11,598
700
10,661

11,598
700
10,667

11 , 598
700
10,667

11,598
700
10,692

11,598
700
10,698

11,598
700
10,698

11,598
700
10,715

11,598
700
10,733

Currency in circulation
.
...
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
Foreign . .
Others

90,120
446

89,529
431

89,297
432

89,662
427

90,181
431

89,961

89,683
412

90,590
416

6,987
234
743

5,042
277
1,142

6,320
227
1,134

5,856
264
1,063

'"

89,513
419

9,323
222
815

10, 67
149
I ,.r>73

9,959
216
2,227

3,421
292
967

Other F. R, liabilities and capital
Member bank reserves with F. R, Banks

3,246
27 , 593

3,309
27,937

3,523
28,189

3,145
32,062

3,390
28,485

3nM2
26,C43

3,410
28,241

3,123
28,148

Gold stock
Special Drawing Rights certificate account
Treasury currency outstanding
ABSORBING RESERVE FUNDS

12



4,666
199
921 j
3,136
24,726

2. Factors affecting member bank reserves—Continued
C. Wednesday figures—Continued
Millions of dollars
1976

Factor
Sept. 15

Sept. 22

Sept. 29

Oct. 6

Oct. 13

Oct. 20

Oct. 27

Nov. 3

Nov. 10

SUPPLYING RESERVE FUNDS
102,288

108,851

113,881

102,270

112,550

111,249

108,063

112,361

106,869

U.S. Govt. securities J
Bought outright
Held under repurchase agreement.

87,249
87,249

94,536
91,652
2,884

99,224
91,319
7,905

87,312
85,505
1,807

97,280
92,412
4,868

95,874
93,478
2,396

94,218
92,669
1,549

96,791
91,895
4,896

92,773
90,071
2,702

Federal agency securities
Bought outright
Held under repurchase agreement..

6,757
6,757

6,827
6,757
70

7,052
6,757
295

6,840
6,757
83

7,050
6,757
293

6,567
6,757
110

6,808
6,757
51

7,222
6,757
465

6,791
6,757
34

Acceptances.
Loans
Float
,
Other Federal Reserve assets.

245
167
4,283
3,587

426
52

,669

719
326
2,811
3,749

380
56
3,808
3,874

517
54
4,020
3,629

311
82
4,113
4,002

226
568
2,524
3,719

637
1,139
2,619
3,953

2,881
3,843

11,598
700
10,738

11,598
700
10,750

11,598
700
10,757

11,598
800
10,775

11,598
1,200
10,783

11,598
1,200
10,789

11,598
1,200
10,804

11,598
1,200
10,810

11,598
1,200
10,824

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves,
with F, R. Banks:
Treasury..
Foreign.
.,,
Other 2

90,349
414

89,785
466

89,690
504

90,427
499

91,007
504

90,557
460

90,508
450

91,138
433

92,159
454

5,684
327
1,112

10,841
230
877

12,212
245
920

7,496
252
898

9,128
280
1,171

8,076
256
1,546

9,448
251
954

8,403
296
967

6,472
199
933

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks

3,283
24,155

3,363
26,337

3,649
29,716

3,030
22,842

3,285
30,755

3,397
30,544

3,482
26,572

3,117
31,614

3,157
27,118

Reserve Bank credit outstanding

Gold stock...
Special Drawing Rights certificate account
Treasury currency outstanding
,

F 341

446
135

ABSORBING RESERVE FUNDS

1976
Nov. 17

Nov. 24

Dec. 1

Dec. 8

Dec. 15

Dec. 22

Dec. 29

SUPPLYING RESERVE FUNDS
106,601

110,071

104,645

105,591

109,415

113,416

116,136

U.S. Govtt securities >
Bought outright
Held under repurchase agreement

92,560
92,560

95,574
91,805
3,769

89,535
89,535

91,612
91,612

94,313
91,379
2,934

98,162
91,687
6,475

100,959
91,505
9,454

Federal agency securities
Bought outright
Held under repurchase agreement

6,757
6,757

7,029
6,871
158

6,833
6,833

6,833
6,833

6,594
6,794
100

7,012
6,794
218

7,203
6,794
409

Acceptances
Loans. . ,
Float
Other Federal Reserve assets..

196
56
3,922
3,110

544
83
3,701
3,140

197
349
4,093
3,638

189
24
3,610
3,323

544
329
4,175
3,160

708
76
340
118

,017
375
,340
,242

11,598
1,200
10,824

11,598
1,200
10,843

11,598
1,200
10,843

11,598
1,200
10,848

11,598
1,200
10,864

11,598
1,200
10,879

11,598
1,200
10,884

Currency in circulation
,
Treasury cash holdings
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
Foreign
Other 2 .

92,326
466

92,770
456

93,075
479

93,641
464

94,092
447

94,557
437

94,574
446

6,758
307
848

6,965
219
911

6,189
312
1,176

3,011
292
970

3,328
335
885

8,632
287
840

9,684
257
932

Other F. R. liabilities and capital
Member iaank reserves with F. R. Banks

3,249
26,269

3,430
28,960

3,488
23,567

3,025
27,834

3,219
30,770

3,367
28,972

3,567
30,357

Reserve Bank credit outstanding

Gold stock
Special Drawing Rights certificate account..
Treasury currency outstanding
ABSORBING RESERVE FUNDS




13

2. Factors affecting member bank reserves—Continued
D. End-of-year and end-of-month figures
Millions of dollars

Factor

1972

1973

1974

1972

1975

1976

,*_.._

•
SUPPLYING RESERVE FUNDS

Jan.

I
;
102,461 ! 110,892 i 73,456

Feb.

Mar,

78,551

86,072

92,208

71,865

75,247

U.S. Govt, securities l
Bought outright
Held under repurchase agreement. . .

59,906
69,808
98

78,516
78,458
58

SO,501 j
80,058 !I
443 l

87,934
86,717
1,217 j

97,021
93,268
3,753

59,552
.59,552

67,69$
67,698

69,928
69,255
673

Federal agency securities
Bought outright
Held under repurchase agreement. . .

1,324
1,311

7,979 ! 5,213 I
4,702
1,937 I
42 | 511 j

6,190 \
6,072 i
118 l

7,072
6,794
278

650
650

727
727

Acceptances
Loans
Float
Other Federal Reserve assets.

106
1,981
3,974
1,260

68
1,258 !
3,099
1,152

999
299 !
2,001
3,195 j

1,126 j
211
3,688
3,312

991
25
2,601
3,182

75
15
1.H84
1,280

63
6
2,715
656

143
255
3,217
878

Reserve Bank credit outstanding

13

$26
8 U)
16

10,410
400
8,313

11,567
400
8,716

11,652
400
9,253

11,599
500
10,218

11,598
1,200
10,810

10,132
400
'?,759

9,588
400
7,824

9,588
400
7,895

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves, with F. R,
Banks:
Treasury
Foreign
Other 2

66,516
345

72,497
317

79,743
185

86,547
483

93,717
460

59,429 ! 59,795
370
505 (I

60,388
402

1,855
325
840

2,542
251
1,419

3,113 !
418
1,275 |

7,285
353
1,090

10,393
352
1,357

8E4
137
677

1,293
191
647

Other F. R. liabilities and capital
Member bank reserves with F, R. Banks.

2,143
25,647

2,669
27,060

2,935 j
25,843

2,968
26,052

3,063
25,158

3,344
2,294
25i650 j 25,525

2,339
27,869

Gold stock
Special Drawing Rights certificate account.
Treasury currency outstanding
ABSORBING RESERVE FUNDS

2,860
147
814

1972
Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding.

490

78,039

76,954

75,539

77,248 I 75,909 < 76,504

74,633

78,551

U.S. Govt. securities '
Bought outright
Held under repurchase agreement. . .

307
307

71,607
70,492
1,115

71,356
71,356

70,822
70,822

70,740
70,028
712

69,874
69,874

69,501
69,501

69,906
69,808
98

Federal agency securities
Bought outright
Held under repurchase agreement. . .

P7P
979

1,004
979
25

1 , 106
1,106

1,079
1,079

1,150
1,076
74

1,041
1,041

U77
1,177

1,324
1,311
13

83
60
2,975
1,086

143
1,594
2,846
845

73
130
3,299
990

63
83
2,224
1,268

96
1,092
3,396
774

62
239
3,643
1,050

70
481
3,511
1,328

63
501
2,350
1,041

106
1,981
3,974
1,260

9,588
400
7,949

10,410
400
8,020

10,410
400
8,066

10,410
400
8,095

10,410 10,410
400
400 i
8,152
8,200

10,410
400
S 249

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves, with F. R.
Banks:
Treasu ry
Foreign
,
Other a

60,535
401

61,702
358

62,201
351

62,435
337

62,744 j 62,599 ! 63,586
369
304 !
355 1

65,137
333

66,516
345

1,871
228
631

2,144
157
584

2,344
257
836

2,298
160
620

1,727
192
592

1,394 •, 1,513
193 | 192
J97
614

1,182
188
629

1.S5S
325
840

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks

2,346
27,415

2,388
29,538

2,359
27,482

2,406
26,185

2,420
28,227

2,247 ' 2,449 I 2,477
27,515 ,j 26,757 23,783

2,143
25,647

Acceptances
Loans
Float
Other Federal Reserve assets
Gold stock
Special Drawing Rights certificate account.
Treasury currency outstanding

73,094
7), 094

!

10,410 1 10,410
400 1
400
8,283
8,313

ABSORBING RESERVE FUNDS

14




2. Factors affecting member bank reserves—Continued

D. End-of-year and end-of-month figures—Continued
Millions of dollars

1973
Factor

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

78 , 567

79,274

80,623

80,960

80,201

81,490

84,656

83,234

83 , 090

86 , 602

72 022
71,133
889

72,620
71,992
628

74 , 276
73,101
1,175

75 , 495
74 , 634
861

74 128
74,128

75 , 022
75 , 022

77,098
76,133
965

76,093
75,387
706

76 165
74,902
1,263

78 491
76 867
1 624

1 372
1,311
61

1,327
1,294
33

1,374
1,280
94

1,290
1,261
29

1,240
1,240

1,449
1,449

1,723
1,617
106

1,860
1,597
263

1 735
1,567
168

/ 887
1,739
148

141
1,310
2,383
1 339

233
1,564
2,795
735

165
2,048
1,845
915

136
1,716
1,195
1 128

83
1,225
2,716
809

66
1,770
2,048
1 135

132
2,225
2,171
1 307

84
2,842
1,605
750

145
1,558
2,513
974

107
2,198
2,654
1 265

10 410
400
8 343

10 410
400
8 378

10 410
400
8 420

10 410
400
8 455

10 410
400
8 498

10 410
400
8 531

10 410
400
8 546

10 410
400
8 585

10 410
400
8 614

11 567
400
8 649

Currency in circulation
Treasury cash holdings
Deposits, othur than member bank reserves,
with F, R. Banks:
Treasury, .
.
...
Foreign
,
Other 2

64 312
372

64 , 696
379

65 180
407

66 094
415

67 161
394

67,771
369

68,223
323

68,376
346

68 217
361

69 , 043
342

2,747
310
674

2,073
455
633

2,881
327
696

4,163
328
773

3,243
289
692

4,039
334
717

2,865
280
821

848
259
760

1,624
250
798

1,837
426
719

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks.

2,576
26 , 727

2,574
27,653

2,648
27,713

2,753
25 , 700

2,839
24 , 892

2,783
24,818

3,005
28,495

3,086
28,955

3,021
28 , 240

3,065
31,787

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding
U S Govt securities l
Bought outright
Held under repurchase agreement
Federal ctgency securities
Bought outright
Held under repurchase agreement
Acceptances
Loans . . . .
Float
.
..
Other Federal Reserve assets

.,

. . .

Gold stock
Special Drawing Rights certificate account
Treasury currency outstanding
ABSORBING RESERVE FUNDS

19 74

19 73

Apr.

May

June

July

Aug.

86,272

87,673

91 , 269

90 , 687

89,810

92 , 338

79,483
78,360
1,123

80 , 007
79,313
694

81 , 395
80,156
1,239

80,484
79,788
696

78 , 103
78,103

81,131
81,131

2 001
2 001

2 308
2 123
185

2 654
2,436
218

3 263
2,621
642

3 128
2,858
270

3 585
3,585

3 820
3,820

68
961
2 226
1 329

69
720
2 412
958

296
1 820
1 287
1 078

216
1 747
1 736
1 313

373
3 298
1 925
1 015

304
3 210
2 297
1 264

218
3 589
2 631
1 684

277
4 320
1 522
1 268

1 1 , 567
400
8 716

1 1 , 567
400
8 740

11 567
400
8 775

11 567
400
8 813

11,567
400
8,844

11,567
400
8 895

11 , 567
400
8 924

11,567
400
8,965

11,567
400
9 017

70,296
317

72,497
317

69 , 880
344

70 493
'332

71 196
341

72,233
298

73,199
296

73,833
274

74,373
269

74,926
287

1 945
420
672

2 542
251
1,419

2 844
'392
657

2 016
*542
679

1 373
366
673

2 813
517
697

3 133
429
667

2 919
384
762

3 822
330
1,169

3 303
372
654

3,025
28 , 108

2 669
27,060

3 101
28,241

3 091
27,989

3 262
29,838

3,129
28,795

3 395
31,012

3 319
30,086

3 403
27,376

3 532
30,247

Nov.

Dec.

Jan,

Feb.

Mar.

84,133

86,072

84,751

84,397

77,129
76,393
736

78 , 5/6
78,458
58

78 , 240
78 240

78 , 237
78 237

1 978
1,810
168

1 979
\ ;937
42

1 927
1J927

. . .

71
1 915
2,124
916

68
1 258
3 099
1 152

Gold stock ,
Special Drawing Rights certificate account. . . ,
Treasury currency outstanding

11,567
400
8,684

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding

..

U.S, Govf. securities *
Bought outright
...
Held under repurchase agreement
Fedcr&l Q.%Qncy securities

Bought outright
Held under repurchase agreement
Acceptances
Loans. . . .
,
Float . . .
,
...
Other Federal Reserve assets

ABSORBING RESERVE FUNDS
Currency in circulation ,
Treasury cash holdings
...
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
Other 2
Other F. R. liabilities and capital
Member bank reserves with F. R. Banks




15

2. Factors affecting member bank reserves—Continued
D. End-of-year and end-of-month figures—Continued
Millions of dollars
1974

Factor

975

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

91,411

90,479

93,009

92,208

92,187

91,861

81 , 035
81,035

79,351
79,351

80,998
80,129
869

80,501
80,058
443

81,344
80,388
956

81,086 81,418
79,169 81,418
1,917 '

Federal agency sect4rities
Bought outright
Held under repurchase agreement .

4,011
4,011

4,011
4,011

4,711
4,342
369 1

5,213
4,702
511

4,790
4,688
102

5,330
4,983
347

5,19(1
5,190

6,071 '
5,189
882

5,407 i
5,091
316 1

5,146
5,085
M

Acceptances
Loans
Float
Other Federal Reserve assets

504
2,920
1,460
1,481

218
1,122
2,335
3,442

611
1,225
2,565
2,899

999
299
2,001
3,195

966
103
1,466
3,518

993
77
1,370
3,005

665
60
2,132
3,072

1,185
1,539
1,942
3,297

865
24
1,811
2,984

632
561
1,791
2,997

11,567
400
9,069

11,567
400
9,125

11,567
400
9,206

1 1 , 652
400
9,253

11,635
400
9,305

11,621
400
9,371

11,620
400
9,453

11,620
400
9,531

11,620
500
9,669

11,620
500
9,687

Currency in circulation
Treasury cash holdings. . . . .
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
....
Foreign
.
....
Other 3

74,856
304

75,899
294

77,789
306

79,743
185

76,343
250

76,834
254

78,062
307

78,443
301

79,782
373

81,196
364

3,209
411
718

787
376
815

1,495
626
799

4,269
402
709

8,363
270
573

7,036
310
1,159

5,773
373
701

Other F. R. liabilities and capital
Member bank reserves with F. R Banks

3,685
29,266

3,504
29,895

3,303
29,860

3,120
27,139

3,452
32,028

3,396
26,445

3,354
25,976

Mar,

Apr,

May

June

SUPPLYING RESERVE FUNDS
Reserve Bank credit outstanding
£7.5. OovL securities ' . . , ,
Bought outright
Held under repurchase agreement

Gold stock
Special Drawing Rights certificate account. . . .
Treasury currency outstanding

92,537 101,880

96,712 1 95,926

87,846 85,622
83,623 83,862
4,223 ; 1,760

84,749
84,580
'16')

ABSORBING RESERVE FUNDS

3,113
418 I
1,275

2,935
25,843

3,540
391
748
3,415
28,839

2,884
409
901 !
3,326
28,644

1976

1975

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

SUPPLYING RESERVE FUNDS
,

. . . 92,758

93,588

98,461

99,612

98,303 102,461 103,180 1)1,481 103,401 105,926

U.S. Govt. securities l
Bought outright. . . .
Held under repurchase agreement

31,883
81,883

82,546
81,281
1,265

86,998
83,926
3,072

87,184
84,251
2,933

85,137
85,137

87,934
86,717
1,217

89,971
85,538
4,433

SB, 990
117,747
1,243

89,753
87,293
2,460

91,814
87,861
3,953

Federal agency securities
Bought outright
Held under repurchase agreement. . .

5,083
5,083

5,486
5,396
90

6,082
5,789
293

6,242
6,073
169

6,072
6,072

6,190
6,072
118

6,617
6,312
305

6,677
6,607
70

6,894
6,607
287

6,739
6,607
132

Acceptances
Loans
Float
Other Federal Reserve assets

685
177
1,734
3,196

840
231
1,473
3,012

948
283
891
3,259

1,047
73
1,127
3,939

727
45
3,070
3,252

1,126
211
3,688
3,312

1,230
66
1,620
3,676

1,051
52
1,649
3,062

883
54
2,110
3,707

995
3)
2,067
4,2BO

11,620
500
9,769

11,598
500
9,851

11,599
500
9,934

11,599
500
10,043

11,599
500
10,138

11,599
500
10,218

11,599
500
10,275

11,599
500
0,330

11,599
500
10,403

1 1 , 599
500
10,459

Currency in circulation
81,475
Treasury cash holdings
350
Deposits, other than member bank reserves,
with F. R. Banks:
Treasury
.....,,,,,,
, 2,675
Foreign2
369
686
Other

81,912
364

81,707
390

82,277
430

84,545
463

86,547
483

83,231
541

S:s,83i

512

85,498
524

86,481
536

2,349
342
776

8,075
324
616

8,517
297
594

4,919
347
888

7,285
353
1,090

10,075 tO, 366
412
294 !
809
651

7,144
305
796

9,806
305
762

3,354
25,740

3,311
26,484

3,472
25,913

3,498
26,140

3,403
25,971

2,968
26,052

3,396
24,585

3,490
28,150

3,456
27,140

Reserve Bank credit outstanding. ,

.

Gold stock
Special Drawing Rights certificate account . . . .
Treasury currency outstanding
ABSORBING RESERVE FUNDS

Other F. R. liabilities and capital
Member bank reserves with F. R. Banks

16



3,459
27 , 306

2. Factors affecting member bank reserves—Continued

D. End-of-year and end-of-month figures—Continued
Millions of dollars

19 76

Factor

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

SUPPLYING RESERVE FUNDS
103,228

110,679

104,385

107,470

111,464

108,839

104,741

110,892

U S Govt securities 1
Bought outright . .
Held under repurchase agreement

90,612
87,507
3 105

94 , 446
90,575
3,871

90,673
88,511
2,162

94 , 030
89,882
4,148

96,427
9 1 , 648
4,779

95 , 839
93,278
2,561

91 , 660
91,660

97,021
93,268
3,753

Fcdsrcil Qgencv s&cufiti&s
Sought outright
Held under repurchase agreement,

6 981
6 827
154

7,082
6,805
211

6,851
6 805
46

6,919
6 778
141

7,080
6 757
323

6,836
6 757
79

6,857
6,857

7,072
6 794
278

Acceptances
Loans
...
"Float
Other Federal Reserve assets

875
397
475
3,888

1,027
314
3,577
4,233

656
48
2,211
3,946

808
64
1,984
3,665

838
322
2,997
3,800

337
44
2,013
3,770

188
40
2,635
3,361

991
25
2,601
3,182

1 1 , 599
500
10 514

11,598
700
10 573

11,598
700
10 602

11,598
700
10 645

11,598
800
10 742

11,598
1,200
10 738

11,598
1,200
10 779

11,598
1,200
10 810

Currency in circulation
Treasury cash holdings
Deposits, other than member bank reserves, with F. R.
Banks :
Treasury
Foreign?
Other - .

87 657
505

88 878
480

88 948
454

89,494
412

89 549
496

90,293
453

93,003
469

93,717
460

6,745
303
679

11,972
349
847

8,739
295
953

10,795
254
962

13,296
393
1,024

10,238
362
953

6,766
305
1,022

10,393
352
1,357

Other F, R, liabilities and capital. . .
Member bank reserves with F. R. Banks

3,500
26,457

3,564
27 , 460

3,525
24,371

3,716
24,782

3,625
26 , 220

3,615
26,461

3,514
23,239

3,063
25,158

Reserve Bank credit outstanding . . . .

Gold stock
Special Drawing Rights certificate account
Treasury currency outstanding
ABSORBING RESERVE FUNDS




..

17

3, Reserves and borrowings of member banks1

A. Annual and monthly averages
Millions of dollars

1972

1971

Reserve classification of bank

1974

1973

1975

19 71

1976
Jan.

All member banks:
Reserves :
At F. R. Banks

(

Feb.

Mar.

Apr.

24 $14
5 071
?9 ##5
29 ' 74 S
' 140

25,121
5,342
JO 463
30,253
210

26,834
5,685
32 582
32,372
210

26,917
6,220
33 296
33,074
222

29,670
6,781
36 481
36,290
191

27,790
7,237
35,028
34,845
183

26,207
7,987
34 336
34,103
233

24 ,9 HI
5,510
30 4$&
30 , 2IK'
2^'

24 710
5,170
29 880
29 679
201

24 601
5 OH 5
29 6$6
29487
' 1 99

412

322

1 678
63

2 054
85

195
23

84
18

17C

328

119

148

Large banks in New York City:
Reserves held
Required
. ..
Excess
Borrowings. .

5 739
5*701
38
70

5 9S5
5*968
17
73

6 506
6 483
23
147

7 346
7,326
20
665

7 043
7,022
21
49

6 ,637
6,603
34
20

5 97$
5,'<M?
59
40

5 854
5, BIO
44
29

5 664
S*701
'-19
51

5 (WO
5 (>96
' -6
15

Large banks in Chicago:
Reserves held
Required ,
Excess . .
....
Borrowings,
, . ...

1 407 i
1,403
4
12

1 491
1,488
3
14

1,645
1,640
5
55

1,920
1,917
3
32

1 ,841
1,840

1 ,673
1,667

1,381
1 , 393
—3

6

1 375
1,3B4
—9
16

1 ?&>
1 1B(>

7

1 ,403
1,380
23
4

11 928
11 ,898
30
231

22 681
12,670
11
119

12 372
12,396
—24
751

13 6/0

1 3 , 600
10
713

13 126
13,104
22
52

12,722
12,682
40
15

11,974
11,962
12
294

// 647
11,712
— 65
268

11 732
1 1 , 65 1
81
236

11 714
1 1 789
— 15
11 9

11 389
1 1 , 25 1
138
99

12 362
12,246
116
116

12 614
12,555
59
725

13 575
1 3 , 447
128
644

13 018
12,879
139
87

13,304
13,151
153
43

11,151
10,938
213
35

10,976
10,777
199
27

10 915
1 0 , 749
166
16

// 049

Total held
..
Required
....
Excess .
Borrowings at F. R. Banks:
Total
Seasonal
,

Other large banks:
Reserves held
Required
Excess
Borrowings

..

All other banks :
Reserves held
Required
Excess
.. ..
Borrowings

....

....

19 71
May

All member banks:
Reserves :
At F, R. Banks
Currency and coin .
Total held
Required
Excess
Borrowings at F. R. Banks:
Total
Seasonal

25,251
5 168
30' 419
30 ' 107
312

5 837
5,791
46
113

. . . .

Otber large banks:
Reserves held,
Required
Excess
Borrowings

18

July

19 72

Sept.

Aug.

25,098 ; 25,365
5 357
5 437
30 455 30 802
30*257 30*596
206
198

24,793 25,231
5 230 1 5 316
30 023 30 547
29*892 30 '385
162
131

10 875
174
10

Nov.

Dec.

Jan.

Feb.

25,463 25 , 500
5 197
5 453
30 860 I 30 953
30 653 30 690
263
207

25 ,653
5 676
31 329
31, 164
165

26,955
5 910
32 865
32 692
173

26,374
5 548
31 922
11 798
124

Oct.

820

804

501

160

407

107

20

31

5 637
5,674
— 37
90

J 729
5,754
—25
86

J 693
5,640
53
164

5 683
5,674
9
38

5t678
5,667
11
67

5,644
5,608
36
107

5,774
5,749
25
35

6 066
6,058
8

S , 775
5 , 807
-32
5

J ,387
1,405 !
-18
21

1 ,407
1 , 408
-1
28

1 ,417
1 ,410

1 ,417
1,423
-6
4

1,425
1 , 408
17
15

1,408
1,400
8
22

1,426
1,425
1
H

1,503
1,512
-9

1 ,446
1,442
4

11 ,939
11 929

11 ,$71
11 ,883
-12
425

12,115 12,069
12 077 12,050
19
38 '
163
318

12,106
12,041
65
177

12,198
12,233
-35
22

12,954

12,941
13

12,578
12,573
5
12

11 587 11 6S8
11,422 i 11,528
160
165
141
115

11 ,795
11,641
154
101

L* ,931

12,342
12,181
161
20

12,123
11,976
147
16

453
1

Large banks in Chieago:
Reserves held
Required
Excess
Borrowings. . . .




1

330

Large banks in New York City:
Reserves held
,,
Required
Excess
...
Borrowings

All other banks:
Reserves held , .
Required
Excess
Borrowirms

June

7
4

1

J ,436 I
1,421 \
15
13
11 923
11,832
91
!
136

.. .

!

11 ,743
11 735
8
181

7
7

10 '
441

1

i

,

. . .
.

11 223
11,063
160
68

11 256
11,078
178
161

11 472
1 1 , 294
178
265

11 474
11,324
150
20B

I; ,757

174
42

3. Reserves and borrowings of member banks 1—Continued

A. Annual and monthly averages—Continued
Millions of dollars
19 72

Reserve classification of bank
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

26 555
5,366
31 921
31 688
233

27,144
5,421
32 565
32,429
136

27 , 347
5,465
32 812
32,708
104

27,002
5,537
32 539
32,335
204

27,361
5,660
33 021
32,874
147

27,454
5,694
33 148
32,893
255

27,224
5,779
33 003
32,841
162

28,088
5,715
33 803
33,556
247

25 631
5,813
31 774
31 460
314

99

109

119

94

202

438

514

574

606

1,049

Large banks in New York City:
Reserves held
Required
Excess
Borrowings

5,815
5 758
57
71

5,938
5,940
-2
48

6,045
6 031
14
50

5,956
5,922
34
6

6,129
6,097
32
15

6,000
5 994
6
116

5,981
5,952
29
136

6,148
6,087
61
59

5,927
5 923
4
64

6 005
6 025
-20
301

Large banks in Chicago:
Reserves held
Required
Excess
Borrowings

1,434
1,443
-9

1,482
1,476
6
5

1,514
1,505
9
12

1,488
1,489
-1

1,510
1,502
8
6

1 ,510
1,500
10
11

1 ,512
1,513
-1
12

1 ,564
1,438
1 ,542 • 1,452
22
-14
45
19

1 492
1,479
13
55

12,559
12,533
26
9

12,820
12,804
16
22

12,874
12,898
-24
31

12 , 746
12,739
7
40

12,849
12,890
-41
64

12,980
12,908
72
134

12,805
12,807
-2
195

13,131
13,107
24
240

12,057
12,058
__l
248

// 729
11,771
-42
429

12,113
11,954
159
15

12,325
12,209
116
34

12,379
12,274
105
26

12,349
12,185
164
48

12,533
12,385
148
117

12,658
12,491
167
177

12 , 705
12,569
136
171

12,960
12,820
140
230

12,022
12,027
-5
275

11,699
11,859
= 160
264

All member banks:
Reserves :
At F R Banks
Currency a n d coin .
Total held
Required
Excess,
Borrowings at F. R. Banks:
Total
. .
Seasonal

Other large banks:
Reserves held
Required
Excess
Borrowings
AH other banks;
Reserves held
Required
Excess
Borrowings

. . . .
,

...

, ,

...

...
.
....

Dec.

24
6
31
31

830
095
353
134
219

19 73

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

26,214
6,457
32 950
. . 32,601
349

25,426
6,029
31 , 734
31,537
197

25 , 848
5,852
31 969
31,682
287

26,281
5,822
32 275
32,126
149

26,157
6,007
32 336
32,277
59

25,777
6,086
32 029
31,970
59

27,205
6,273
33 590
33,199
391

27,375
6,296
33 , 783
33,540
243

27,510
6,402
34 020
33,775
245

28,458
6,371
34 913
34,690
223

1,164

1,593

1,858

1,721
5

1,786
30

1,788
76

2,050
124

2,144
165

1,861
147

1,465
125

6,535
6 439
96
193

6, 129
6,141
-12
324

6,310
6.238
72
176

6,338
6 , 300
38
146

6,261
6,296
-35
110

6 142
6 203
-61
145

6,684
6,528
156
135

6,630
6,596
34
109

6,620
6,626
115

6,842
6,831
11
74

....

/ 563
1,561
2
108

1 ,499
1,499
105

1 539
1,545
-6
102

1 575
1,567
g
9

; 588 / 575
1,580
1,582
6
-5
12
28

1,710
1,680
30
67

1 ,710
1,718
-8
53

1 ,781
1,757
24
62

1 ,792
1,791
1
54

. .

12 234
12,276
-42
577

11 820
11,858
-38
693

11 860
11,856
4
857

11 974
12,086
-112
828

12 017
12,132
-115
881

11 898
11,977
-79
904

12 343
12,345
855

12 , 486
12,478
8
755

12,648
12,608
40
712

13,056
13,039
17
589

12 339
12,325
14
286

12 007
12,039
— 32
471

11 991
12,043
-52
723

12 216
12,173
43
738

12 298
12,267
31
783

12 248
12,210
38
711

12 741
12,646
95
993

12,845
12,748
97
1,227

12,863
12,784
79
972

13,139
13,029

Jan.

AH member banks:
Reserves :
At F. R. Banks
Currency and coin
Total held
Required
.
Excess
Borrowings at F. R. Banks:
Total
Seasonal

..

....

Large banks in New York City:
Reserves held
Required
Excess. „
Borrowings
Large banks in Chicago:
Reserves held
Required
Excess. ,
Borrowings. . . .
Other large banks:
Reserves held
Required .
Excess.
Borrowings .
AH other banks:
Reserves held
Required .
Excess
Borrowings




.

no

748

19

3. Reserves and borrowings of member banks 1—Continued

A. Annual and monthly averages—Continued
Millions of dollars
19 73

Reserve classification of bank

All member banks:
Reserves ;
At F. R. Banks
Currency and coin
Total held
Required
Excess
Borrowings at F. R. Banks:
Total
Seasonal

,
. .

Large banks in New York City:
Reserves held
Required ,
Excess
Borrowings
Large banks in Chicago:
Required
Excess
Borrowings

...

Other large banks:
Reserves held
Required
Excess
Borrowings

19 74
i

, . ,

. ,

All other banks:
Required . , . . , . ,
Excess
Borrowings.

Nov.

Dec.

Jan.

28,259
6 382
34 725
34,543
182

28 352
6 635
35 ' 068
34*806
262

29,396
7 192
36 655
36,419
236

1 399
84

1 298
' 41

1 044
18

1 186
17

1 352
' 32

1 714
' 50

6 706
6*679
27
180

6 836
6 859
-23
74

7 355
1 290
65
135

6 923
6*872
51
87

6 787
6 766
' 21
113
11J

1 ,679
1,703
-24
28

1 720
1,677
43
28

1,808
1,852
-44
17

1 679
1,698
— 19
18

13 , 022
13,042
-20
593

13 060
13,032
28
761

13 , 666
13,674
-8
549

13,234
13,119
115
598

13 371
13,238
133
435

13 759
13,603
156
343

Feb.

28
6
35
35

574
601
242
053
189

Large banks in New York City:
Required
Hxcess
Borrowings

....

Large banks in Chicago:
Reserves held
Required
Excess
Borrowings
Other large banks:
Reserves held . . . .
Required . .
Excess
. . . .
Borrowings
.
All other banks:
Required
Excess
Borrowings

...
,.

20



. . .

.

1

May

Apr.

June

28 , 450 29 , 469 29 861
6 402 ! g goo
6 450
34 966 35 929 36 519
34 790 35,771 36 325
176 '
158
194

29 672
6 668
36' 390
36 259
131

July

Aug.

30 514 30 264
6 8^4
6 765
37 338 3?f 029
37161 36851
' 177
17B

2 580
104

3 000
130

3 308
149

3 351
165

7 060
7 041
' 19
114

7 22?
7 243
—20
777

7 236
7 262
-26
1 303

7 655
7 610
45
1 457

7 §01
7 55(*
-SB
1 464
'

1 639
1,700
—61
65

1,917
1,848
69
41

1 918
1,889
29
20

/ 934
1,942
—8
51

2 033
2 014
19
70

2 024
2 018
6
23

13 t 112
13,163
— 51
635

13 066
13,023
43
689

13,329
13,387
-58
987

13 683
13,687
—4
939

13,662
13,636
26
799

13 893
13,905
-12
848

13 §62
13,784
78
860

13 461
13,320
141
446

13 408
13,301
107
485

13 , 565
13,495
70
572

13 638
13,507
131
849

13,508
13,419
89
847

13 757
13,632
125
933

13 , 642
13,490
152
1,004

19 74

All member banks:
Reserves :
At F. R. Banks
Currency and coin
Total held
Required
Excess
Borrowings at F. R. Banks:
Total. . .
Seasonal

Mar.

1

!

19 V5

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

30,156
6,920
37 076
36,885
191

29,985
6,811
36 796
36,705
91

29 , 898
6,939
36 837
36,579
258

29 , 767
7,174
36 941
36 , 602
339

29,713
7,779
37 492
37,556
-64

2S , 503
7,062
3 5 , 565
35,333
232

27,94E
6,831
34 779
34,513
266

28,264
6,870
35,134
35,014
120

27,576
6,916
34 492
34,493
-1

28,00?
6,969
34,976
34,428
548

3,287
139

1,793
117

1 285
67

703
32

390
13

147
10

106

110
7

60
9

271
11

7,658
7,525
133
1,662

7,409
7 458
-49
502

7,549
7 557
-8
257

7,825
7 693
132
80

7,977
8,096
-119
156

7,429
7,398
31
37

7,219
7,166
53
22

7,275
7,243
32
25

6,982
7,010
-28
24

6,986
6,844
142
90

2,066
2,046
20
17

2,062
2,080
-18
36

1 ,969
1 931
' 38
14

1,978
1 973

1 ,979
1,962
17
10

1,900
1,880
20
10

1,845
1,868
-23
14

1,815
1,836
-21

18

2,074
2,090
=-16
16

1,868
1,821
47
2

13 753
13,830
-77
792

13 768 13 714
13,732 I 13,624
90
36
566
569

13 760
13,721
39
323

14 013
14,104
-91
87

13,336
13,295
41
29

13,036
12,980
56
28

/ 3 , 162
13,166
^4
38

12,862
12,951
-89
13

13,163
12,946
217
114

13,599
13,484
115
816

13,557
13 415
122
686

13,605
13,467
138
448

13,378
13,215
163
282

13 , 428
13,266
162
131

12,821
12,678
143
71

12,624
12,487
137
46

12,852
12,737
115
33

12,833
12,696
137
23

12,959
12,817
142
65

3. Reserves and borrowings of member banks 1—Continued

A. Annual and monthly averages—Continued
Millions of dollars
1975

Reserve classification of bank

1976

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

All member banks:
Reserves :
At F. R. Banks
Currency and coin
Total held.
Required
Excess.
Borrowings at F. R. Banks:
Total
Seasonal..,

27,442
7,213
34,655
34,687
-32

27,183
7,299
34,482
34,265
217

27,215
7,431
34,646
34,447
199

27,254
7,313
34,567
34,411
156

27,215
7,356
34,571
34,281
290

27,215
7,773
34,991
34,727
264

26,995
8,445
35,575
35,366
209

26,168
7,646
33,953
33,939
14

26,366
7,456
33,967
33,531
436

26,345
7,568
34,063
33,974
89

261
17

211
38

396
61

191
65

61
28

127
13

79
9

76
11

58

44
11

Large banks in New York City:
Reserves held
Required
Excess
Borrowings

6,842
6,864
-22
54

6,737
6,755
-18
14

6,751
6,734
17
68

5,750
6,708
42
31

6,770
6,720
50
7

6,812
6,748
64
63

7,344
7,292
52
9

6,711
6,858
-147
20

6,846
6,669
177
21

6,670
6,668
2

Large banks in Chicago:
Reserves held
Required
Excess....
Borrowings.

1,764
1,788
-24
23

1,766
1,761
5
1

1,805
1,778
27
2

1,759
1,782
-23

1,788
1,754
34

1,740
1,758

1,757
1,775
-18
17

1,688
1,702
-14
1

7,729
1,693
36
2

1,702
1,706
-4
8

Other large banks:
Reserves held., ,
Required. . . . ,
Excess.......
Borrowings, . . .

12,927
13,045
-118
62

12,939
12,841
98
51

12,945
12,922
23
141

12,940
12,937
3
32

12,955
12,913
42
5

13,249
13,160
89
26

13,228
13,225
3
13

12,612
12,614
-2
16

12,527
12,419
108
14

12,597
12,644
-47
15

All other banks:
Reserves held,.
Required . .
Excess......
Borrowings, . .

13,122
12,990
132
122

13,040
12,908
132
145

13,145
13,013
132
185

13,118
12,984
134
128

13,058
12,894
164
49

13,190
13,061
129
38

13,246
13,074
172
40

12,942
12,765
177
39

12,865
12,750
115
21

13,094
12,956
138
21

-18

1976
May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

All member banks:
Reserves:
At F. R. Banks
Currency and coin
Total held
Required
Excess
Borrowings at F. R. Banks:
Total...
Seasonal

26,236
7,838
34,228
33,846
382

25,711
7,903
33,774
33,657
117

25,933
8,064
34,146
34,076
70

26,001
7,989
34,141
33,844
297

25,708
8,113
33,979
33,692
287

26,127
8,025
34,305
34,116
189

26,458
8,180
34,797
34,433
364

26,430
8,548
35,736
34,964
172

121
11

120
20

123
24

104
27

75
31

66
32

84
21

62
12

Large banks in New York City:
Reserves held
Required
Excess
Borrowings

6,672
6,659
13
29

6,546
6,524
22
26

6,507
6,548
-41
37

6,559
6,501
58
28

6,372
6,308
64
22

6,374
6,346
28

6,559
6,485
104
36

6,520
6,602
~82
15

Large banks in Chicago:
Reserves held
Required
Excess
Borrowings

1,578
1,647
-69
2

7,767
1,676
91
7

1,672
1,690
-18
13

1,684
1,625
59
6

1,615
1,617
-2
3

1,648
1,635
13
3

,627
,602
19

7,632
1,641
-9
4

Other large banks:
Reserves held
Required
Excess
Borrowings

12,829
12,532
297
33

12,318
12,443
-125
22

72,633
12,660
-27
11

12,610
12,549
61
20

12,584
12,521
63
3

12,704
12,706.
=2
17

12,889
12,802

87
7

13,117
13,053
64
14

AH other banks:
Reserves held..
Required. . .
Excess
Borrowings.. .

13,149
13,008
141
57

13,143
13,014
129
65

13,334
13,178
156
62

13,288
13,169
119
50

13,408
13,246
162
47

13,579
13,429
150
46

13,698
13,544
154
41

13,867
13,668
199
29




21

3. Reserves and borrowings of member banks :—Continued
B. Weekly averages of daily figures
Millions of dollars
1971, week ending-

Reserve classification of bank

All member banks:
Reserves :
At F. R. Banks
Currency and coin
Total held
Reel ui red
Excess . . . .
Borrowings at F. R. Banks:
Total
Seasonal
....

. . . ..

....

Large banks in Chicago:
Excess
Borrowings

....

Other large banks:
Reserves held
Reti ui red
Kxcess
Borrowings

Jan. 13

Jan, 20

Jan. 27

Feb. 3

25,181
5,430
30,611
30,035
576

24,578 a 25,470
5,664
5,559
30,242 31,029
30,210 30,937
92
32

24,583
5,589
30,172
29,890
282

24,510 j 24,326
5,434
5,449
29,959 29,760
29,722 J9.555
237
205

Feb. 10 Feb. 17

p
Feb. 24 Mar. 3

Mar. 10

i

Large banks in New York City:
Required

Jan. 6

..

,

25,073 >5,019 '
4,897 '
5,129
30,202 j 29,916 1
29,905 29,599 ,
297
317 |
250
561

407

277

472

354

283

247

6,064
5,902
162
71

5,850
5,910
-=60

6,755
6,198
-33
92

5,752
5,760
-8
26

5,775
5,742
33

5, 685
5,755
=70

6 , 11$
6,043
75
11?

1,396
1,411
-=15

1,402
1,384
18

1,424
1,464
-40
5

1,373
1,335
38

1,331
1,346
-15

1\379
1,367
12

12,028
11,903
125
310

11,912
11,996
-84
249

12,214
12,246
-32
332

11,862
11,800
62
286

11,766
11,759
253

11,123
10,819
304
26

11,078
10,920
158
28

11,226
11,029
197
43

11,185
10,995
190
42

11,087
10,875
212
30

24,522 "24,011
5,020
5,393
29,542 29,404
29,372 i9,322
170
82
258

421

5,770 i
5,732
38

5,583
5,568
15

5,59,5
5,657
-62
120

1,367
1,388
-21
18

1,417
1,386
31

1,387
1,402
-15

J.3S5
1,367
-12
44

11,728
11,702
26
229

11,733
11,753
-20
380

11,744
11,673
71
228

11,633
11,655
-22
242

11,53?
11,572
-35
244

10,968
10,731
237
18

10,984
10,721
263
46

10,985 j 10,939
10,808 10,747
192
177 !
22
16

10,917
10,726
191
13

i'

;

All other banks:
Reserves held
Required
Excess
Borrowings

1971, week ending-

All member banks:
Reserves :
At F R Banks
Currency and coin . ,
Total held . . .
Required
Excess
Borrowings at F, R. Banks:
Total
.
Seasonal

Borrowings

22



May 12 May 19

24,486
\,184
29,670
29,393
277

24,381
5,244
29,625
29,417
208

25,199
4,739
29,93$
29,857
81

25,108
5,049
30, 157
30,109
48

25,497
5,283
30 , 780
30,415
365

24,703
5,381
30,084
29,854
230

25,344
&.018
30,362
*0,260
102

290

333

257

197

150

84

176

174

99

306

5,853
5,830
23
46

5,664
5,669
-5
59

5,847
5,714
133

5,569
5,631
-62

5,748
5,652
96
17

5,728
5,784
-56

5,625
5,682
-57
46

5,907
5,817
90
46

5,557
5,716
=59
39

5,986
5,967
19
143

1 ,447
1,419
28

1,354
1,365
-11
14

1,390
1,379
11
14

1,367
1,351
16

1,346
1,367
-21

J ,381
1,384
-3

1 ,430
1,418
12
18

1,440
1,449
9

1,424
1,393
31

1 ,426
1,455
-29
41

. ..

11,774
11,724
50
231

11,567
11,613
-46
245

11 , 752
11,694
58
221

11,758 11,622
11,634 11,702
-80
124
184 !
127

11,807
11,826
-19
80

11,910
11,955
-45
98

12,044
11,939
105
101

11,826
11,752
74
42

11,805
11,871
-66
71

. . .

10,881
10,717
164
13

10,897
10,767
130
15

10,951
10,777
174
22

10,976
10,777
199
13

11,022 11,192
10,863 11,054
138
159
14
4 '

11,389
11,210
179
27

11,177
10,993
184
18

11,145
10,967
178
51

.

...

May 5

24,817
5, 123
29,940
29,564
376

,

All other banks:
Required

Apr. 14 Apr. 21 Apr. 2S

24,691
4,791
39,482
29,414
68

Large banks in Chicago:

Other large banks:
Reserves held
Required
Excess
Borrowings
,

Apr. 7

24,897
5,058
29,955
\ 29,690
265

Large banks in New York City:
Reserves held
Required
,
Excess
Borrowings
Required
Excess
Borrowings • •

Mar. 17 Mar. 24 Mar. 31

10,909
10,696
213
6

3. Reserves and borrowings of member banks a—Continued

B. Weekly averages of daily figures—Continued
Millions of dollars
1971, week endingReserve classification of bank

May 26

June 2

June 9

June 16 June 23 June 30

July 7

July 14

July 21

All member hanks
Reserves :
At F, R. Banks
Currency and coin , .
Total held
Required
Excess . . , „
Borrowings at F. R. Banks:
Total
Seasonal

25,260
4,986
30,246
30,072
174

25,057
5,219
30,276
29,991
285

24,534
5,352
29,886
29,813
73

25,012
5,213
30,225
29,959
266

24,916
5,003
29,919
29,709
210

24,921
5,371
30,292
30,060
232

24,898
5,415
30,313
10,036
211

24,811
5,443
30,254
30,249
5

26,074 25,142
4,858
5,481
30,932 ,30,623
30,650 30,556
282
67

267

646

153

403

619

750

661

991

1,121

545

Large banks in Ntiw York City:
Reserves held
Required
Excess
Borrowings

5,768
5,781
-13
100

5,693
5,638
55
171

5,648
5,680
-32
46

5,742
5,729
13
129

5,648
5,607
41
103

5,676
5,699
-23
107

5,659
5,663
26
34

5,747
5,814
-67
252

5,911
5,856
55
65

5,677
5,718
-47
30

Large banks in Chicago:
Reserves held
...
Required
Excess
Borrowings

1,435
1,416
19
18

1,387
1,396
-9

1,414
1,413
1

1,473
1,467
6

1,338
1,351
-13
77

1,405
1,394
11
11

1,388
1,374
14

1,390
1,412
-22

1,464
1,451
13
116

1,383
1,384

Other large banks:
Reserves held
Required
Excess
Borrowings . .

11,820
11,780
40
93

11,891
11,857
34
317

11,693
11,753
-60
52

11,812
1 1 , 749
63
113

11,703
1 1 , 640
63
286

11,827
11,759
68
324

11,847
11,801
46
372

11,786
11,876
-90
498

12,089
12,028
61
607

11,946
11,993
-47
296

All other banks:
Reserves held . . . .
Required . .
Excess
,
Borrowings . .

11,223
11,095
128
56

11,305
11,100
205
158

11,131
10,967
164
55

11,198
11,014
184
161

11,230
11,111
119
153

11,384
11,208
176
308

11,389
11,198
191
255

11,331
11, 147
184
241

11,468
11,315
153
333

11,623
11,461
162
212

Sept. 15 Sept. 22 Sept. 29

Oct. 6

25,236
5,615
30,851f
30,604
247

25,345
5,015
30,360
30,421
-61

25,473
5,600
31,073
30,736
343

25,483
5,510
30,993
ap,779
214

July 28

7

1971, week ending—

Aug. 4
All member banks:
Reserves :
At F. R. Banks
Currency and coin. . . .
Total held
Required
Excess
Borrowings at F. R. Banks
Total
Seasonal. , ,.

Aug. 11 Aug. 18 Aug. 25

Sept. 1

Sept. 8

&*•>
25,456
5,438
30, 894
30,460
434

24,737 25,2981
25,167 . 25,341
-5,593
5,514
5 , 307 1Q*6, 125JE 5,352
30,51$ 30,855
30,330 ' 30,605
90,303 30,381 10, '020 30,195 30,650
324
224
205
27
5tl

764

593

1,179

771

706

765

457

329

424

309

5,781
5,677
104
43

5,625
5,699
-74

5,816
5,748
68
342

5 ,456
5,522
-66
267

5,679
5,561
118
116

5,719
5,759
-40

5,762
5,690
72

5,459
5,578
-=109
86

5,825
5,689
136
36

5,644
5,671
-27
29

1,447
1,434
13

1 ,419
1,431
-12

1,416
1,412
4
31

1,387
1,383
4

1 ,398
1,399
1

1,428
1,423
5
4

1,441
1,448
-7
3

1,410
1,413
-3
9

1,410
1,412
~2

1,441
1,422
19

Other large banks:
Reserves held
Required
Excess
Borrowings

12,094
11,973
121
429

11,856
11,898
-42
375

11,883
11,901
-18
545

11,798
11,788
10
372

11,935
11,896
39
404

12,182
12,138
44
588

12,140
12,098
42
324

11,937
12,013
-76
146

12,135
12,080
55
231

12,165
12,117
48
118

Allother banks:
Reserves held
Required.
Excess
Borrowings,

11,572
11,376
196
292

11,430
11,275
155
218

11,490 11,470
1 1 , 320 11,327
143
170
132
261

11,507
11,339
168
185

11,526
11,330
196
173

11,508
11,368
140
130

11,544
11,417
127
88

11,703
1 1 , 549
154
157

11,743
1 1 , 569
174
162

Large banks in New York City:
Reserves held
Required. ,
Excess. , . . ,
Borrowings. „ . .
Large banks in Chicago:
Reserves held
Required . . . .
Excess
Borrowings




23

3, Reserves and borrowings of member banks *—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars
1971, week ending—

Reserve classification of bank

All member banks:
Reserves :
At F. R. Banks
Currency and coin
Tot&l held
Required
Excess
Borrowings at F. R. Banks:
Total
Seasonal

..... .

Large banks in New York City:
Reserves held
Required
Excess
Borrowings
Large banks in Chicago:
Reserves held
Required .
Excess
Borrowings. .

. . .

.
, .

Other large banks:
Reserves held
Required
Excess
Borrowings
AH other banks:
Reserves held
Required
Excess
Borrowings

...

.

.

.

......

.

...

Oct. 13

Oct. 20 Oct. 27

Nov. 3 Nov. 10 Nov. 17 Nov. 24
i

25,050
5,652
30,702
30,653
49

25,954
5,117
37,077
30,861
210

25,184
5,240
30,424
30,373
51

449

332

413

216

122

287

5,665
5,693
=25
100

5,808
5,818
-10
35

5,573
5,508
5
133

5,681
5,626
55

5,559
5,597
-8
21

5,705
5,761
-56
64

7,473
1,432
-19
7

7,429
1,421
8
4

7,353
1,364
-11
54

7,435
1,400
35

1,376
1,406
-30

7,447
1,433
14

72,077
12,092
-81
234

72,753
12,110
73
194

77,576
11,933
-57
129

72,073
11,976
97
105

77,967
12,050
-83
47

72,772
12,139
33
174

77, £67
11,973
-fi
201

77,670
11,436
174
108

77,657
11,512
139
99

77,652
11,568
114
97

77,772
11,563
209
111

77,645
11,517
131
54

11 ,848
11,651
197
49

77,59?
11,705
9'?
140

25,412 ! 25,014
5,566
5,549
30,967 30,550
30,565 30,570
396
10

Dec, 1

Dee. 8

25,577 25,591 ;; 25,783 25,151 25,246
5,592
5,595 1 '5,125 i - 5,492
5,907
31,172 30,776 !l 37,275 " 30,74$- 37,753
30,984 30,572 30,685 30,608 30,949
188
144 i
590
143
204

538

705

59

2S

J
5,^9 \
5,520 '
(»9
1!'0

5,701
5,538
163
222

5,677
5,604
67

S.699
5,757
-58

1,318
1,314
-16
47 'i

1,438
1,386
52
47

7,356
1,366
10

1,479
1,451
28

72,757
12,025
156
282

77,932
11,992
-60
15

72,756
12,099
57

77,955
11,736
219
154

11,784
11,638
146
44

11,819
11,642
177
25

Feb. 16 Feb. 23

;

1972, week endiiv;-

1971, week
ending—

Dec. 22 Dec. 29

Jan. 5

Jan. 12

Jan. 19

Jan. 26

Feb. 2

Feb. 9

All member banks:
Reserves:
At F. R Banks
Currency and coin
Total held
Required
Excess .
Borrowings at F. R. Banks:
Total.
Seasonal ,

25,785
.5,366
37,757
31,180
-29

26,081
5,843
31,924

'314

27,068
5,746
32,814
32,502
312

26,784
6,009
32,793
32,688 i
105

27,694
5,971
33,665
33,447
218

26,695
5,897
32,592
32,400
192

26,576
5,859
32,415
32,190
245

26a,030 26,593
5,862
5,664
37,592 32,257
31,842 - 31,946
50
311

141

216

57

17

14

12

16

Large banks in New York City:
Reserves held
Required
Excess . .
Borrowings

5,747
5,764
-17
79

5,793
5,799
-6
76

6,200
6,120
80

6,055
6,141
-86

6,369
6,267
102

Large banks in Chicago:
Reserves held
,
Retj ui red
Excess
Borrowings

7,377
1,414
-43
14

7,577
1,445
66
21

7,520
1,526
-6

7,569
1,549
20

72,750
12,254
-74
24

12,521
12,453
68
58

72,577
12,819
52

77, £53
11,748
105
24
. . .

12,099
11,913
186
61

72,223
12,037
186
57

Other large banks:
Reserves held
Required
Excess
Borrowings
All other banks:
Reserves held
Required
Excess
Borrowings. .

24



..
. .
.

. .

Dec. 15

26,702
5,121
31,823
31,693
130

42

18

14

5,766
5,848
-82

5,936 ,' 5,733
5,880 . 5,825
56
-92
22

6,078
5,895
183

5,656

7,526
1,563
-37

7,475
1,459
16

1,46®
l,45li
9 ,

1,439
1,445
=-6

1,450
1,466

1,453
1,427
26

72,595
12,927
-29

13,309
13,327
-18

12,932
12,837
95

12,686 ji 72,577
12.6SB ,i 12,567
--2
10

72,602
12,636
-34«

72,553
12,537
46

72,277
12,071
200
17

72,467
12,290
171
14

72,479
12,256
163
12

j
12,353 12,143
12,171
12,005
182 i
138
16
20

72,727
11,949
178
17

72,707
11,940
161
14

-103

3. Reserves and borrowings of member banks 1—Continued

B. Weekly averages of daily figures—Continued
Millions of dollars
1972, week ending —

Reserve classification of bank

AH member banks:
Reserves :
At F. R. Banks
Currency and coin
Total held
Required
Excess . .
.
Borrowings at F. R, Banks:
Total
Seasonal.
Large banks in New York City:
Reserves held. „ . ,
Required
Excess
Borrowings. . , . .

. .
,

. . .

Large banks in Chicago:
Reserves held
Required. . ,
Excess
Borrowings. .
Other large banks:
Reserves held
Required
Excess
Borrowings. .
All other banks:
Reserves held
Required
Excess
Borrowings

.

. . . .

.
.

.

,

Mar, 1

Mar. 8

Mar, 15 Mar. 22 Mar. 29

Apr. 5

Apr. 12 Apr. 19 Apr. 26

May 3

26,187
5,427
31,614
31,532
82

26,012
5,453
31,465
31,289
176

26,448
5,660
32,108
31,715
393

26,546
5,012
31,558
31,691
-133

26,903
5,316
32,219
31,934
285

27,210
5,394
32,604
32,230
374

26,764
5,581
32,345
32,179
166

27,306
5,259
32,555
32,624
-59

27,312
5,354
52,565
32,448
218

27,259
5,581
32,840
32,704
136

67

103

13

115

153

141

14

43

279

117

5,643
5,679
-36

5,649
5,658
-9
99

5,982
5,796
186

5,505
5,725
-120
95

5,911
5,820
91
94

5,991
5,933
58
86

5,963
5,953
10

5,947
6,055
-108
23

5,913
5,824
89
124

5,862
5,927
-65
60

2,411
1,425
-14

1,435
1,419
16

1,473
1,479
-6

1,421
1,433
-12
4

1,442
1,436
6
14

1,521
1,472
49

1,446
1,482
-36

1,498
1,489
9

1,441
1,456
-15
23

1,513
1,480
33

12,464
12,492
-28
57

12,396
12,384
12

12,605
12,554
51
2

12,465
12,539
-74
8

12,651
12,609
42
21

12,804
12,718
86

12,740
12,705
35

12,816
12,903
-87
8

12,865
12,827
38
86

12,894
12,866
28
2

12,096
11,936
160
10

11,985
11,828
157
4

12,048
11,886
162
11

12,067
11,994
73
8

12,215
12,069
146
24

12,288
12,107
181
55

12,196
12,039
157
14

12,304
12, 177
127
12

12,447
12,341
106
46

12,571
12,431
140
55

June 7

June 14 June 21 June 28

July 5

July 12

1972, week ending-

May 10 May 17 May 24 May 31
All member banks:
Reserves :
At F R Banks
Currency and coin
Total held
. ..
Required
Excess
Borrowings at F. R. Banks:
Total
Seasonal

27,049
5,708
32,757
32,566
191

27,669
5,488
33,157
32,963
194

27,542
5,104
32,646
32,560
86

27,299
5,515
32,814
32,726
88

27,083
5,594
32,677
32,346
331

26,760
5,657
32,417
32,308
109

27,240
5,356
32,596
32,384
212

26,780
5,521
32,301
32,177
124

27 , 548
5,595
33,143
32,815
328

26,889
5,858
32,747
32,524
223

87

39

63

254

58

94

59

129

312

227

Large banks in New York City:
Reserves held
Required
Excess
Borrowings .'

6,019
5,978
41
49

6,223
6,218
5
21

6,007
5,994
13
39

5.P75
6,001
-26
51

6,020
5,931
89

5,889
5,920
-31

6,047
5,975
72
18

5,793
5,809
-16
6

6,171
6,097
74
42

6,014
5,991
23

1,486
1,506
-20

1,566
1,535
31

1,443
1,491
-48

1,520
1,496
24
54

1,490
1,491
-1

1,506
1,491
15

1,492
1,497
-5

1,480
1,476
4

1,532
1,507
25

1,484
1,485
-1

12,815
12,804
11
19

12,966
12,983
-17
4

12,884
12,850
34
8

12,920
12,966
-46
106

12,867
12,791
76
20

12,772
12,792
-20
44

12,712
12,706
6
12

12,642
12,639
3
67

12,924
12,846
78
126

12,827
12,814
13
78

12, 437
12,278
159
19

12,402
12,227
175
14

12,312
12,225
87
16

12,399
12,263
136
43

12,300
12,133
167
38

12,250
12,105
145
50

12,345
12,206
139
29

12,386
12,253
133
56

12,516
12,365
151
144

12,422
12,234
188
149

Large banks in Chicago:
Required
Excess
Borrowings
Other large banks:
Reserves held
Required
Excess
Borrowings,
All other banks:
Reserves held
Borrowings




.

.

. . . .

25

3. Reserves and borrowings of member banks 1—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars
1972, week ending-

Reserve classification of bank
July 19

27,334
5,706
33,040
32,961
79

173

172

Large banks in New York City :
Reserves held
Required .
...
Excess . . .
Borrowings

6,184
6,209
-25

6t123
6,124
-1
26

Large banks in Chicago;
Reserves held
Required
Excess, , .
....
Borrowings

1,519
1,530
-11

1,501
1,489
12
26

13,046
13,057
-11
64
12,546
12,352
194
109

,

Sept. 6 Sept. 13 Sept, 20
1

i

27,926
5,369
33,295
33,148
147

.

Aug. 9 • Aug. 16 Aug. 23 Aug. 30

i

All member banks:
Reserves :
At F R Banks . .
Currency and coin
Total field
Required
,.
Excess
Borrowings at F. R. Banks:
Total
Seasonal

Other large banks:
Reserves held
Required .
.
Excess
Borrowings

Aug. 2

July 26

...
. .

,

. .

. ,

All other banks:
Reserves held
Required ,
Excess
Borrowings

1

27,352
5,787
33,139
32,897
242

27,251 i 27,489 27,507 27,275
5,882
5,837 .! 5,315
5,70^
33,133. 33,326 32,822 32,973
33,003 33,072 32,782 32,751 *
130
254
227
4
1
°
287 !
382
348 )
47'?

363

6,052
6,051
1
144

27,566
5,796
33,352
32,566
796

i 26,544
; 5,976
\ 32,520
'] 32,635
-115 j

27,571
5,446
33,017
32,811
206

837

149 ii

717

6,037
6,038
-1 I
39

6,138
6,102
36
76

5,860
5,935
-75
79

5,986
5,901
$5
S€

5,273
5,885
328
260

5,866
5,949
-83

1,485
1,498
-13
11

1,533
1,518
15
35

1,503
1,516
-13

1,497
1,485
12

1,472
1,482
-10

1,568
1,488
80
4

1,483
1.5S7
1,516
1,528
-33 1
29
4
28

12,783
12,849
-66
33

12,942
12,870
72
96

12,982
13,005
-23
95

13,039
12,990
49
170

12,837
12,844
-7
95

12,810
12,829
-19

12,633
12,499
134
87

12,660
12,478
182
112

12,581
12,442
139
118

12,646
12,464
182
136

12,628
12,518
110
174

I)
12,71(1 12,667
12,539 12,473
194
17E I
271
244

!

1

120

;i

12,914 i 12,614
12,720 1 12,744
194
-130
329
13
72,557
12,426
131
132

i

6,032
5,981
51
345

12,766
12,77$
.,,9
241
12,662
12,527
135
103

1972, week ending-

AH member banks:
Reserves :
At F. R, Banks
Currency £incf coin
Total held,
Required
.
Exc ess
Borrowings at F. R. Banks:
Total* . .
Seasonal , . ,

. ...

Large banks in New York City:
Reserves held
Required
Excess
,
Borrowings *

,

Large banks in Chicago:
Reserves held
Required . , . . , . . . . . . . , .
Excess
Borrowings
Other large banks:
Required
Excess,
All other banks :
Reserves held
Required
Excess
Borrowings

26



.

,

,

,

....

Sept, 27

Oct. 4

Oct. 11

Oct. 18

Oct. 25

Nov. 1

Nov. 8 Nov. 15 Nov. 22 Nov. 29
"~ '""-

27,197
5,856
, 33,053
33,016
37

27,863
5,868
33,731
33,501
230

27,760
5,950
33,710
33,352
358

28,437 28,230
5,325
5,661
34,098 1 33,555
33,977 33,405
150
121

27,857
5,847
33,704
33,499
205

27 ,"778
5,916
33,694
33,570
124

550

436

535

5, £70
5,919
-49
59

6,154
6,107
47
47

6,100
6,088
12
36

6,312
6,295
17

5,937
5,976
-39
185

6,002
5,964
38

6,267 i
6,037
6,069
6,071
196
-32 ?
192 :l

5,845
5,863 1
-18
1

5,709
5,683
26
80

J ,465
1,497
-32
17

1,589
1,563
26
39

J ,570
1,547
23
77

1,560
1,591
-31
17

1,526
1,501
25
62

1,499
1,514 i
-15
7

1,465
1,546
1,526 , 1,476
20
-11
11
31 j

1,421
1,395
26
15

1,374
l t 404
-30
23

12,885
12,867
18
260

13,058
13,057
125

13,174
13,033
141
229

13,286 I 13,114 13,061
13,322 13,046 j 13,042
-36
68 '
19
272
233
261

12,833
12,733
100
214

12,930
12,774
156
225

12,866
12,684
182
193

12,940
12,769
171
184

434 |

765

555

{

959 j
<l

25,508
6,174
32, 132
31,346
786

24,747
5,342
30,539
30,350
189

24,476
5,8(12
30,728
30,388
340

494

419

572

i
11,328 I 11,502
11,415 11,508
-87 i
-6
136
226

13,009 j 12,281
13,049 ! 12,190
-40 '
91
192
447
!

,

12,978
12,882
96
246

13,142 i 13,102
12,979 12,926
176
163
285
289

11,669 j 11,495 11,693
11,609 11,677 11,793
-182 ! -100
60
243
291
267

3. Reserves and borrowings of member banks 1—Continued

B. Weekly averages of daily figures—Continued
Millions of dollars
1972, week ending —

Reserve classification of bank

1973, week ending—

Dec. 6

Dec. 13 Dec. 20 Dec. 27

Jan. 3

Jan. 10

Jan. 17

Jan. 24

Jan. 31

Feb. 7

24,691
5,868
31,009
30,673
336

24,191
6,427
31,068
30,824
244

25,069
5,889
31,408
31,202
206

24,899
6,092
31 ,441
31,252
189

26,109
6,216
32,604
32.044
560

26,064
6,163
32.506
32.3801
126

26.817
6,913
3-4.009
33,668
341

25,821
6,409
32,509
32,542
-33

25 , 824
6,450
52,55.?
32,098
455

25,148
6,377
31,804
31,686
118

589

805

1,221

1,118

1,751

688

1,298

1,094

1,310

1,232

Large banks in Now York City:
Reserves held
Required
Excess
Borrowings

5, 9 30
5,909
21
43

5,933
5,909
24
206

6,111
6,094
17
422

5,929
5,966
-37
278

6,555
6,386
149
713

6,431
6,452
-21
66

6,529
6,783
46
201

6,254
6,336
-82
260

6,475
6,209
204

6,048
6,126
=78
221

Large banks in Chicago:
Reserves held
Required
Excess
Borrowings , . , . . . .

1,487
1,454
33
75

1,438
1,462
-24
13

1,511
1,477
34
21

1,475
1,474
1

7,570
1,560
10
279

7,555
1,565
-10
19

1 ,670
1,653
17
189

7,502
1,528
-26
19

1,511
1,496
15

no

1,491
1,498
=7
16

11,502
1 I , 544
-42
118

11,632
11,666
-34
300

21 , 728
1 1 , 808
-80
514

11,793
11,874
-81
654

12,135
12,052
83
525

12,075
12,182
-107
420

12,718
12,742
-24
635

12,061
12,226
-165
509

12,035
12,044
-9
806

11,854
11,905
-51
584

12,640
H , 766
-126
353

11,615
11,787
-172
286

11,608
11,823
-215
264

11,794
11,938
-144
186

12,085
12,046
39
234

12,166
12,181
-15
183

12,513
12,490
23
273

12,413
12,452
-39
306

12,315
12,349
-34
394

12,132
12,157
-25
411

AH member banks;
Reserves :
A t F R Banks ' .
.
Currency and coin
Total held
Required
Excess
Borrowings at I7. R. Banks:
Total
Seasonal
..

Other large banks:
Reserves held
Required
Excess
Borrowings

.

.

,.

All other banks:
Reserves held
Required
Excess
Borrowings. .

. . ..

1973, week ending —
Feb. 14 Feb. 21

Feb. 28

Mar. 7

Mar. 14 Mar. 21 Mar. 28

Apr. 4

Apr. 11 Apr. 18

All member banks:
Reserves :
At F R. Birnks. . . .
Currency and coin
Total held ,
Required
Excess
Borrowings at F. R. Banks:
Total
Seasonal , , „

25,235
6,295
31,809
31,622
187

26,103
5,656
32,038
31,533
505

25,216
5,789
31,284
31,305
-21

25,870
5,910
32,059
31,723
336

25,058
6,221.
31,558
31,533
25

26,159
5,534
31,972
31,724
248

25,642
5,743
31,664
31,576
88

26,584
5,858
32,614
32,078
536

25,526
6,059
57,757
31,848
=91

26,642
5,813
32,627
32,390
237

1,992

1,670

1,479

1,685

1,491

2,139

2,011

1,755

1,499

1,848

Large banks in New York City:
Reserves held
Required
Excess. . ,
Borrowings

6,217
6,218
-1
709

6,371
6,215
156
155

5,579
6,007
-128
211

6,344
6,252
92
242

6,185
6,233
-48
178

6,369
6,313
56
225

6,068
6,114
-46
28

6,500
6,331
169
144

6,081
6,265
-184
24

6,567
6,421
146
306

2,536
1,519
17
178

1,516
1,505
11
104

1,453
1,474
-21
121

1,520
1,590
1,547 - 1,545
-25
43
113
99

1,547
1,544
3
104

7,527
1,526
1
130

1,603
1,585
18
8

7,555
1,567
-14
13

1,607
1,605
2
2

Other large banks:
Reserves held
Required
Excess
Borrowings. .

22,822
11,895
-74
665

11,864
11,817
47
928

11,739
11,813
-74
597

11,853
11,903
-50
693

11,641
11,753
-112
622

11,828
11,833
-5
1,076

11,785
11,850
-65
951

12,146
12,049
97
866

11,875
11,969
-94
774

12,104
12,207
-103
842

All other banks:
Reserves held
Required
Excess
Borrowings

21,956
11,990
-34
440

12,008
11,996
12
483

11,934
12,011
-77
550

11,993
12,021
-28
651

11,933
12,002
-69
578

11,949
12,034
-85
734

12,005
12,086
-81
902

12,193
12,113
80
737

12,076
12,047
29
688

72,777
12,157
20
698

Large banks in Chicago:
Reserves held
Required
......
Excess




27

3. Reserves and borrowings of member banks *—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars
1973, week ending™

Reserve classification of bank

All member banks:
Reserves ;
At F. R, Banks
Currency and coin
Total held
Excess
Borrowings at F. R. Banks:
Total
Seasonal

Apr. 25

May 2

May 9

May 16 May 23 May 30

JUIK 6

June 13 June 20 June 27

26,751
<. 5,479
/ 32,402
32,064
338

26,379
5,951
32,502
32,271
231

25,894
6,180
32,246
32,327
-81

26,505
6,265
32,942
32,602
340

26,560
5,538
32,270
32,176
94

25,989
6,044
32,205
^32,060
145

25,852
6,159
32,153
31,8!9
344

25,195
6,234
31,601
31.5S&
5

1,646Q

1,874
16

1,484
18

1,815
23

1,688
32

2,400
46

1 , 664
(.4

1,700
67

1,928 1
73

1,849
"93

6,307
6,227
80
45

6,314
6,258
56
222

6,269
6,344
-75
182

6,549
6,500
49
123

6,281
6,248
33
30

6,133
6,126
7
144

6,211
6,149
€2
2CO

5,980
6,058
-78
31

6,462
6,370
92
262

6,078
6 , 1 19
^41
107

J ,545
1,525
20
18

1,578
1,559
19
6

ltS3Q
1,580
-50
33

1,666

1,534
1,561
-27

1,599
1,572
27
10

1,613
1,573
34
47

1,552
1,553
-=• 1
IS

1,568
1 , 592
-24
9

1,561
1,568
^7

12,091
12,078
13
795

12,054
12,119
-65
868

11,980
12,117
-137
580

12,228
12,241
= 13
994

12,034
12,108
-74
815

11,978
12,086
-108
1,284

11,983
11,942
44
689

11,794
1 1 , 896
= 102
953

11,857
11,989
= 132
964

12,044
11,991
53
1,028

12,287
12,234
53
788

12,384
12,335
49
778

12,295
12,286
9
689

12,327
12,237
90
689

12,249
12,259
-10
843

12,323
12,276
47
962

12,1$;

12,103
12,089
14
698

12,217
12,181
36
693

12,365
12,322
43
714

. ... .

Large banks in New York City:
Reserves held ,
Required
.
.
Excess .
»
Borrowings

.

.

Large banks in Chicago:
Reserves held

Reo ui red
Excess
Borrowings

Other large banks:
Reserves held
Required
Excess
Borrowings
....
All other banks:
Reserves held
Requird
Excessc
Borrowings

. . .

,

,

,

.

. . .

AH member banks:
Reserves :
At E. R, Banks
Currency and coin
Total held
...
Required
Excess
Borrowings at F. R. Banks:
Total
Seasonal
....
Large banks in New York City:
Reserves held
Required
Excess.
Borrowings
Large banks in Chicago:
Reserves held
Required
Excess
Borrowings
Other large banks:
Reserves held
Required
Excess
Borrowings
All other banks:
Reserves held
Required ,
Excess
Borrowings

28




, .
,
..
...

. . .

l6

' %9

12,14^
V*,
728

26,210 26,025
5 , 894
6,023
32,276 32 t 220
32,132 -i 32,000
144 )
220

July 4

July 11

July 18

1973, week ending—
1
July 25 Aug. 1 Aug. 8 Aug. IS Aug. 22 | Aug. 29 Sept, 5

26,989
6,226
33,327
32,695
632

25,942
6,465
32,519
32,524

27,450
6,159
33 , 721
34,L85
-464

27,563
6,138
33,813
33,800
13

27,567
6,372
34,051
33,552
499

26,860
6,484
33,456
33,381
75

27,202
6,515
33,829
33,515
314

27,592
5,897
33,601
33,562
39

2,400
111

1,679
117

1,722
117

2,080
128

2,095
141

2,005
158

"1,916
148

2,134
163

2,558
185

2,361

6 ,641
6,450
191
454

6,225
6,355
-130
115

6,863
7,551
-688

6,538
6,687
-149
50

6,739
6,473
266

6,513
6,552
-39
90

6,59(1
6,566
24
50

6,611
6,635
-24
172

6,587
6,634
-47
137

6,798
6,597
20 f.
143

7,700
1,642
58
195

J ,548
1,599
-51
28

1 ,754
1,756

1,788
1,732
56
24

1,659
1,647
12
88

1,707
1,683
24
41

/ , 748
1,751
"54

1,716
1,714
2
36

1,696
1,717
-21
68

1,78$
1 , 759
29
117

12,274
12,173
101
916

12,105
12,147
-42
759

12,341
12,335
6
851

12,434
12,469
-35
841

12,564
12,569
-5
785

12,340
12,408
-68
741

12,538
12,517
21
658

12,397
12,484
-87
711

12,496
12,494
947

12,569
12,530
39
799

12,600
12,430
170
835

12 , 529
12,423
106
111

12,651
12,543
108
858

12,941
12,912
29
1,165

12,977
12,863
114
1,222

12 , 784
12,738
46
1,133

12,841
12,681
160
1,154

72,755
12,729
36
1,215

12,906
12,829
77
1,406

12,859
12,750
109
1,302

~""~~

27,424 27,667
6,261
6,347
33,797 ] 34,126
33,674 33,636
123
490

\m

3. Reserves and borrowings of member banks 1—Continued

B, Weekly averages of daily figures—Continued
Millions of dollars
1973, week ending—

Reserve classification of bank
Sept. 12 Sept. 19 Sept. 26

Oct. 3

Oct. 10

Oct. 17

Oct. 24

Oct. 31

Nov. 7

Nov. 14

26,846
6,591
33,549
33,405
144

27,542
6,204
33,858
33,709
149

27 , 645
6,386
34,143
34,059
84

28,073
6,516
34,673
34,216
457

28,104
6,606
34,794
34,374
420

28 , 520
6,415
35,079
35,099
-80

29,129
5,905
35,775
34,711
407

28,369
6,498
34,951
34,777
174

28,062
6,480
34,626
34,369
257

28,040
6,747
34,577
34,725
146

1,487
145

1,706
139

2,190
150

1,520
144

1,353
131

1,162
120

1,915
125

1,455
119

1,171
93

l,52t
80

6,485
6,531
-46
32

6,693
6,697
-4
91

6,625
6,645
-20
217

6,763
6,674
89
43

6,902
6,773
129
43

6,890
7,047
-157
26

6,975
6,789
129
185

6,773
6,782
-69
72

6,726
6,625
101
192

6,737
6,829
-92
262

1,769
1,775
-6
20

/ ,783
1,780
3
15

1,758
1,731
27
127

7,735
1,728
7
41

1,772
1,771
1
9

1,848
1,857
-9
58

7,799
1,792
7
66

1,800
1,771
29
81

7,705
1,758
-53
12

7,752
1,752

Other large banks:
Reserves held
Required
Excess . . . . o
Borrowings .

12,461
12,475
~14
59!

12,546
12,570
-24
759

72,652
12,721
-69
857

12,949
12,811
138
463

12,944
12,910
34
536

13,145
13,204
-59
520

73,753
13,092
61
902

13,101
13,046
55
472

72,957
12,988
-7
384

73,752
13,153
29
716

All other banks*
Reserves held
Required
Excess
Borrowings

72,722
12,624
98
844

72 , 724
12,662
62
841

72,996
12,962
34
989

13,142
13,003
139
973

73,092
12,920
172
765

13,052
12,991
61
558

73,764
13,038
126
762

73,253
13,178
75
830

13,130
12,998
132
583

73,776
12,991
125
482

All member banks:
Reserves :
At F R Banks
Currency and coin . . . .
Total held
Required
Excess . ,
Borrowings at F. R. Banks:
Total
Seasonal
. .

,

Large banks in New York City:
Reserves held
Required .
Excess
Borrowings.
Large banks in Chicago:
Reserves held
Required
Excess
Bo rrowings

. .

. .

61

1974, week ending—

1973, week ending —
Nov. 21 Nov. 28

Dec. 5

Dec. 12 Dec. 19

Dec. 26

Jan. 2

Jan. 9

Jan, 16

Jan, 23

All member banks:
Reserves :
At F R Banks
Currency and coin
Total held
Required
Excess
..
Borrowings at F. R. Banks:
Total
Seasonal ,

29,009
6,002
35,095
34,726
369

28,060
6,294
34,438
34,372
66

28,417
6,405
34,906
34,468
438

27,448
6,912
34,444
34,472
-28

28,574
6,545
35,203
34,892
311

28,838
6,508
35,430
34,958
472

28,808
6,781
35,656
35,268
388

29,499
6,730
36,296
36,210
86

29,719
7,916
37,702
37,374
328

29,364
7,179
36,670
36,693
-83

1 , 5'68
85

1,287
84

1,478
57

1,303
45

1,488
40

1,039
35

1,210
31

776
19

988
20

1,182
13

Large banks in New York City:
Reserves held
Required
Excess
Borrowings

6,823
6,713
HO
224

6,470
6,526
-56
94

6,935
6,766
167

6,575
6,717
-139
102

7,109
6,972
137
163

6,950
6,844
106

7,093
7,013
80
140

7,348
7,346

7,677
7,618
59
45

7,232
7,346
-114
183

Large banks in Chicago:
Reserves held
Required
Excess
..
Borrowings

7,695
1,693
2
15

1 ,624
1 ,638
-14
28

1,613
1,598
15
11

7,655
1,678
-23
11

1,785
1,756
29

1,678
1,648
30

7,679
1,685
-6
141

1,804
1,851
-47
44

2,022
2,006
16

1 ,850
1,862
-12

Other large banks:
Reserves held
Required
Excess
Borrowings

73,797
13,125
66
623

12,910
12,941
-31
541

72,925
12,896
29
889

12,878
12,915
-37
769

12,966
13,000
-34
837

73,227
13,146
81
676

73,235
13,213
25
599

73,455
13,581
-96
174

14,084
14,057
27
681

73,636
13,746

All other banks:
Reserves hvld
Require'!
Excess
Borrowings .

13,302
13,195
107
706

13,350
13,267
83
624

13,351
13,208
143
578

13,249
13,162
87
421

73,259
13,164
95
488

13,491
13,320
171
363

73,579
13,357
222
330

73,592
13,432
160
287

73,552
13,693
159
262

73,525
13,739
86
344

....




271

-no
655

29

3. Reserves and borrowings of member banks 1—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars
1974, week ending-

Reserve classification of bank

Jan, 30

Feb. 6

Feb. 13

Feb. 20

Feb. 27

28,981
7,091
36,139
35,880
259

28,424
6,984
35,475
35,351
124

28,360
6,921
35,348
35,054
294

29 , 102
6,219
35.388
35,274
114

28,445
6,339
34,851
34,645
206

27,994
6,572
34,633
34,515
118

27,826
6,855
34,748
34,632
116

1,220
17

998
18

1,153
14

1,376
20

1,251
15

912
19

983
19

Large banks in New York City:
JRcserves held
4
Required . . . »
Hxcess
, . . . . , , , . . . ...
Borrowings. . . , , , , ,

7,0® 6
6,982
104
20

6,789
6,912
-123

7,000
6,856
144
92

7,046
7,083
-37
257

6,744
6,674
70

6,584
6,665
—81
123

Largo bunks in Chicago:
Reserves held
Required
Kxeess
Borrowings
,

1,702
1,759
-57

1,695
1,681
14

1,704
1,727
-23
56

1,642
1,705
-63

1,668
1,685
-17
13

13,514
13,499
15
733

13,314
13,280
34
494

13,164
13,198
-34
585

13,179
13,221
-42
711

13 ,770
13,640
130
467

13,610
13,478
132
504

13,413
13,273
140
420

13,454
13,265
189
408

AH member banks:
Reserves ;
At F,R. Banks
Total held
Required
Excess
,
Borrowings at F.R. Banks:
Total.
Seasonal

Other large banks:
Reserves held
Required . .
.
Excess
Borrowings
All other banks:
Reserves livid
Required
Excess
Borrowings

.,,..,
. . .

. . .

.., ,,

Mar. 6 j; Mar. 13
1

Mar. 20

Mar. 27

Apr. 3

29,025
6,117
35,209
35,129
80

28.44S
6,259
34,774
34,605 >
169

1,483
35

1,713
43

1 , 503
44

6,809
6,768
41
11

6,902
6,943
-41
333

6,601
6,591
10
31

6,992
6,915
77
34

1,652
1,639
13
11

1,669
1,677
-8
66

1,724
1,121
-3
15

1,722
1,682
40
21

1,806
1,815
-9
1S9

12,969
12,993
-24
780

12,970
12,969
1
364

12,876
12,958
-82
507

13,098
13,134
-36
679

12,947
12,963
-16
1,061

13, 110
13,137
-27
710

13,403
13,293
110
458

13,360
13,242
118
414

13,32?
13,229
98
399

13,418
13,325
93
456

13,437
13,369
68
600

13,477
13,350
127
570

May 29

June 5

June 12

29,719
6,572 .
?6,349
•26,170
179

29,562
6,659
36,279
36,054
225

28,929
6,802
35,789
35,658
131

1

28,904
6,481
35,443
35,217
226

1974, week ending-

Apr. 10

Apr. 17

Apr. 24

May 1

May 8 | May 15 May 22

28,311
6,633
35,002
34,940
62

29,741
6,457
36,256
35,927
329

30,074
5,923
36,055
35,916
139

30,198
6,589
36,845
36,668
177

29,393
6,885
36,336
36,201
135

29,743
6,845
36,646
36,470
176

30,477
6,081
36,616
36,487
129

1,194
41

1,816
46

1,939
52

2,157
74

1,616
82

1,977
94

a, 090
113

3,606
114

3,054 f
133 *

Large banks in New York City:
Reserves held
Required.
Excess
Borrowings

6,740
6,813
-73
108

7,195
7,117
78
107

6,998
7,010
-12
69

7,377
7,315
62
176

7 ,117
7,174
-57
134

7,448
7,365
83
506

7,287
7,342
-55
993

7,115
7,083
32
1,449

Large banks in Chicago:
Reserves heldt
,
Required
,
Excess
Borrowings . .

1,773
1,769

1,859
1,789
70
4

1,854
1,901
-47
17

1,899
1,858
41
14

1,359
1,898

1,949
1,892

53

1,933
1,952
-19
101

37

5 ?

7

'.'.,874
1,891
-17
9

7,190
7,074
7,227
7.04H
-37 '
26
1,210 { 1,296
\
1,940
1,90$
1,938
1,887
2
21
15 (
40

. ,. .

13,064
13,058
6
663

13,442
13,405
37
1,093

13,521
13,533
-12
1,233

13,673
13,707
-34
1,140

13,587
13,577
10
822

13,664
13,727
-63
731

13,765
13,774
-9
1,131

12,697
23,707
-10
1,081

13,604 l
13,543
61
846

13,425
13,492
~-67
629

. . . .

13,367
13,300
67
370

13,623
13,453
175
515

13,619
13,584
35
633

13,883
13,745
138
824

73,675
13,592
83
646

13,617
13,480
137
703

13,557
13,479
78
959

1$,6Q5
13,489 !
116
1,067

13,487
13346
141
983

13,324
13,231
93
764

All member banks:
Reserves :
At F.R. Banks.
Currency #nd coin . . . . .
Total he (d
Required.
....
Excess .
Borrowings at F.R. Banks :
Total
, .,
Seasonal

. ,

Other large banks*.
Reserves held
Required
Excess. , . ,
Borrowings . ,
All other banks:
Reserves held,
Required
Excess.
Borrowings .

30




. ,

,

j.

_'JQ

2,729
136

3. Reserves and borrowings of member banks 1—Continued

B. Weekly averages of daily figures—Continued
Millions of dollars
1974, week ending —

Reserve classification of bank
June 19

June 26

July 3

July 10

July 17

July 24

July 31

Aug. 7

Aug. 14

Aug. 21

30,019
6,631
36,708
36,461
247

29,985
6,493
36,536
36,437
99

30,459
6,815
37,274
36,905
369

29,820
7,048
36,868
36,590
278

31,122
6,702
37,824
37 , 840
-16

30,853
6,564
37,477
37 , 302
115

30,218
6,986
37,204
37,020
184

29,900
7,020
35,920
36,692
228

29 , 890
7,046
36,936
36,823
113

30,799
6,357
37,756
36,947
209

3,223
140

2,788
133

3,435
127

2,640
136

3,175
150

3,641
156

3,690
163

3,089
174

3,041
160

3,437
167

Large banks in New York City:
Reserves held
...
Required
Excess .
....
...
Borrowings

7,469
7,438
31
1,385

7,209
7,217
_8
1,221

7,459
7,450
9
1,412

7,357
7,267
90
1,339

7,552
7,957
-75
1,536

7,720
7,703
17
1,538

7,615
7,582
33
1,431

7,488
7,495
-7
1,420

7,658
7,638
20
1,431

7,627
7,653
-32
1,447

Large banks in Chicago:
Reserves held
,..,.,,..
Required
,
....
Excess
Borrowings . .

1.930
1,947
-17
139

1,995
1,954
41
17

2,124
2,013
111
137

7,969
1,968
1
52

2,124
2,098
26
15

7,952
2,023
-41
80

7,969
1,968
1
38

7,955
1,976
9
24

2,055
2,050
8
24

2,030
2,032
-2
23

13,737
13,693
44
984

13,608
13,684
-76
690

13,888
13,816
72
878

13,863
13,779
84
432

14,091
14,165
-74
786

73,977
13,896
81
1,108

13,834
13,821 '
13
1,086

13,805
13,751
54
644

13,722
13,761
-39
716

13,879
13,749
130
961

13,514
13,383
131
715

13,666
13,582
84
860

13,803
13,626
177
1,008

13,679
13,576
103
817

13,727
13,620
107
838

13,738
13,680
58
915

13,786
13,649
137
1,135

13,642
13,470
172
1,001

13,498
13,374
124
870

13,626
13,513
113
1,006

All member banks:
Reserves :
At F R Banks
Currency and coin
Total field

Required
Excess
Borrowings at F.R. Banks:
Total
Seasonal
. .....

Other large batiks:
Reserves held
Required
Excess
Borrowings .

,

Allother banks:
Reserves heltl
Required .
Excess
Borrowings

1974, week ending —
Sept. 25

Oct. 2

Oct. 9

Oct. 16

Oct. 23

Oct. 30

30,249
6,837 ,
37, 086 H
37,004
82

30,161
6,785
36,946
36,872
74

30,464
7,069
37,533
37,077
456

29,441
7,160
36,607
36,656
-55

30,376
7,039
37,475
37,088
327

30,202
6,254
36,456
36,615
-159

79,987
6,832
36, 819
36,576
243

3,084
132

2,921
134

3,531
141

3,218
143

2,245
132

1,744
121

1,322
108

1,638
105

7,485
7,551
-66
1,729

7,543
7,416
127
1,567

7,414
7,564
-150
1,517

7,637
7,557
80
1,782

7,525
7,558
67
1,756

7,494
7,520
-2,6
1,245

7,724
7,683
41
219

7,353
7,464
-101°
148

7,434
7,325
109
96

2,032
2,001
31
21

2,089
2,049
40
19

2,020
2,055
-35
20

2,050
2,035
15
16

2,048
2,036
12
10

2,072
2,063
9
17

2,049
2,069
-20
10

2,270
2,183
27
135

2,061
2,073
-12

2,007
2,016
-9
H

73,754
13,852
-98
951

14,011
13,840
171
1,125

13,663
13,773
-110
766

14,078
13,988
90
740

13,608
13,701
-93
871

74,092
13,870
222
532

73,540
13,667
-127
336

73,990
13,891
99
784

73,570
13,632
= 122
509

73,757
13,715
42
730

13,724
13,616
108
1,104

13,654
13,478
176
1,033

13,511
13,384
127
731

13,544
13,417
127
648

73,653
13,578
75
868

13,744
13,586
158
913

73,575
13,400
118
654

73,497
13,331
160
606

73,522
13,446
76
663

73,627
13,520
101
801

Aug. 28

Sept. 4

Sept. 11

30,452
6,614
37,066
36,920
146

30,416
6,823
37,239
36,918
321

29,649
7,088
36,737
36,628
109

3,533
161

3,906
152

Large banks in New York City:
Reserves held
Required
. .
....
Excess .
Borrowings

7,555
7,451
105
1,457

Large banks in Chicago:
Reserves held
Required
Excess.
Borrowings
.

All member banks:
Reserves :
At F R, Banks
Currency and coin .
Total held
Required
Excess
Borrowings at F.R. Banks:
Total .
Seasonal.

Other large banks:
Reserves held
Required
Excess
Borrowings. . ,

.

All other banks :
Reserves held
Required
Exces^ . . . . . . . . . .
Borrowings




,

f

.

....
...

Sept. 18

31

3. Reserves and borrowings of member banks l—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars
1974, week ending-

j
1975, week ending
.^.=_-._._=

Reserve classification of bank

Nov. 6 ! Nov. 13 Nov. 20 Nov. 27
All member banks:
Reserves:
At F.R. Banks
Currency and coin
Total held
Required.
Excess
Borrowings at F.R. Banks;
Total
Seasonal

29,875
7,120
36,995
36,672
323

Dec. 4

29,227 30,240 30,007 i 29,861
7,252
6,572
6,762
7,100
36,479 36,811 36,769 36,961
36,335 | 36,785 36,459 36,678
144 f
27
310
283

1,125 j
78

1,097
70

1,367
64

1,479
63

Large banks in New York City:
Reserves held
Required
,
Excess
Borrowings
,

7,692
7,638
54
68

7,540
7,555
-15
188

7,726
7,742
-16
465

7,395
7,649
7,326 I 7,508
69 1
141
243 | 226

Large bunks in Chicago:
Reserves held
Required
Excess
Borrowings

2,004
1,972
32

1,896
1,925
-29
30

1,958
1,950
8
29

1,899
1,872
27

Dec. 11 Dec. 18

Dec. 25 | Jan. Jan. 8

29,035
7,258
36,293
36,452
-159

29,615
7,147
36,762
36,545
217

29,855
6,990
36,B4S
36,416
429

30,218
7,370
37,588
37,011
577

648
35

818
31

662
29

561
24

311
18

609
12

7,269
7,442
-173
73

7,950
7,891
59
60

7,777
7,634
137
72 \

7,937
7,945
^8
83

8,131
8,076
55
36

,
8,324
-130
317

1,877
1,913
-36
26

2,039
2,016
23
54

2,013
1,961
52

2,091
2,030
61

2,033
2,060
-27

2,187
1

/ ? ,t f l S

1,070
51

1,945
1,941
4

x

Other large banks:
Reserves held...
Required. , , .
Excess
Borrowings

13,709
13,604
105
425

13,597
13,557
40
480

All other banks:
Reserves held..
Required. . .
Excess.
Borrowings. ..

13,590
13,458
132
632

13,446 13,566
13,298 I 13,444
148
199
122
399
378

13,562
13,649
-87
495

Jan, 15

29,981
29,652
7,331 I 8,555
37,312. 1 38,207
37,175
38,249
~ '
--42
137

"

13,729 13,666
13,642 13,682
87
-16
814 .
450

13,595
13,645
-50
281

13,615
13,654
-39
417

13,739
89
333

id , j j$
/ ? , $dn
13,895
13,866
223
«26
218 1
107

14,331
14,420
-=89
108

13,746
13,619
127
422

73,552
13,452
100
268

13,158
12,984
174
287

13,233
13,082
151
257

13,442
13,141
301
260

13,494
13,318
176
115

13,701
13,547
154
394

13,308
13,173
135
168

1975, week ending-

1 Feb. 12

Feb. 26

Mar. 5

Mar. 12

Mar. 19

Mar. 26

28,304 ? 27,920
6,814 \
6,686
35,1 IB '• 34,606
34,960 I 34,447
158 '
159

27,845
6,950
34,795
34,386
409

27,186
7,296
34'.482
34-252
230

27,883
6,627
34,5JO
34,490
20

2£,333
6,486
34,819
34,675
144

180
10

70
9

60
7

167
6

155
7

7,017
7,032
-15

7,277
7,094
117

,303
,181
122

7,121
7,217
-96
88

7,173
7,119
54

7.P37 i
1,902
29 f
39 I

1,885
1,881
4

1J80 !
1..1365
15

1,876
1,913 i
= 37 i

1,887
1,871
16
44

Feb. 19

Jan. 22

Jan. 29

:b. 5

30,482
7,783
38,265
38,079
186

29,635
7,605
37,240
37,066
174

29,543
7,431
36,974
36,579
395

28,573
7,456
36,029
35,970
59

594
12

142
10

98
11

90
10

229
11

Large banks in New York City:
Reserves held
Required
Excess
Borrowings

8,349
8,320
29
328

7,866
7,795
71

7,838
7,705
133

7,550
7,587
-37
6

7,442
7,442

Large banks in Chicago:
Reserves field
Required
Excess
Borrowings

2,108
2,107
1

2,019
2,032
-13

2,063
2,030
33

2,002
2,022
-20

1,911
1,933
-22 I

Other large banks:
Reserves held... .
Required. . . . .
Excess
Borrowings

14,315
14,270
45
130

13,953
13,977
-24
33

13,853
13,769
84
12

13,514
13,519
-5
15

13,092
13,110
-18
20

13,045
13,010
35
71

13,058
12,968
90
10

J2,6Q1
12,821
-20
19

72,953
12,943
10
36

All other banks:
Reserves field.
Required. .
Excess
Borrowings..

13,493
13,382
111
136

13,402
13,262
140
109

13,220
13,075
145
86

12,963
12,842
121
69

12,673
12,475
198
69

12,613
12,503

12,641
12,443
198
60

12,418
12,385

12,702
12.560
12,417 J 12,616
143
86
43 '
45

All member banks:
Reserves:
At F.R. Banks
Currency and coin
Total held
Required
Excess
Borrowings at F.R. Banks:
Total
Seasonal

32



140

no

70

13,057
13,069
= >12
58

3. Reserves and borrowings of member banks 1—Continued
B, Weekly averages of daily figures—Continued
Millions of dollars
1975, week ending—-

Reserve classification of bank

Apr. 2

Apr. 9

Apr. 16

Apr. 23

Apr. 30

May 7

May 14,;

May 21

28,261
6,826
35,087
34,808
279

27,671
6,992
34,663
34,552
111

28,254
7,041
35,295
35,076
219

28 , 809
6,440
35 , 249
35,179
70

28,477
7,018
35,495
35,306
189

28,098
7,139
35,237
34,926
311

27,212
7,305
34,517
34,518
-1

28,233
6,469
34,702
34,631
71

51

30
8

22
6

165
6

241
7

34
11

17
8

121
7

84
9

84
9

Large banks in New York City:
Reserves held
. .
Required
Excess
Borrowings. .
....

7,180
7,210
-30

7,258
7,196
62

7,347
7,322
25

7,279
7,282
-3
42

7,172
7,183
-11
67

7,254
7,077
177

6,999
7,105
T-106

7,732
7,165
,-33
98

6,789
6,736
53
9

6,923
6,905
18
61

Large banks in Chicago:
Reserves held
Required
...
Excess
Borrowings .

1,869
1,862

1,847
1,832
15

1,912
1,925
-14

1,877
1,861
16
25

1,856
1,855

1,863
1,842
21

1,830
1,856
-26

7,565
1,856
9

1,803
1,799
4

7,536
1,817
19

13,243
13,144
99
8

72,923
12,974
-51
7

13,240
13,204
36
4

13,174
13,197
-23
77

73,357
13,295
56
71

13,137
13,142
-5

72,967
12,984
-17
1

12,927
12,961
-34
2

12,784
12,789
=5
54

72,977
12,780
137

12,795
12,592
203
43

12,635
12,550
85
23

12,797
12,625
172
18

12,919
12,839
80
21

13,116
12,973
143
66

12,983
12,865
118
34

12,721
12,573
148
16

12,778
12,649
129
21

72,533
12,721
112
21

72,535
12,675
160
23

July 16

July 23

July 30

Aug. 6

Aug. 13

Alt member banks:
Reserves :
At F R. Banks
Currency and coin
Total held
Required
Excess
Borrowings at F.R. Banks:
Total
Seasonal

Other large banks:
Reserves held
Required
Excess. .
Borrowings

..

..

All other banks
Reserves held.
Required
Excess .
Borrowings. ,

....

37

May 28

27,444
6,765
34,209
34,045 '
164

June 4

27,618
6,893
34,511
34,177
334

1975, week endingJune 11

June 18

June 25

July 2

July 9

26,627
7,080
33,707
33,743
-36

27,861
7,076
34,937
34,603
334

28,008
6,698
34,706
34,615
91

28,376
7,105
35,481
35,085
396

27,294
7,318
34,612
34,479
133

27,502
7,362
34,864
34,791
73

28,192
6,706
34,898
34,695
203

27,550
7,449
34,999
34,718
281

27,007
7,546
34,553
34,354
199

26,501
7,662
34,763
34,147
16

...

38
11

77
10

188
11

871
15

222
13

202
15

382
19

253
23

180
29

179
35

Large banks in New York City :
Reserves held
Required
...
Excess
Borrowings

6,566
6,642
-76

7,068
6,988
80
49

6,784
6,765
19
97

7,043
6,986
57
189

6,847
6,829
18

6,938
7,010
-72
78

6,958
6,851
107
151

6,825
6,743
82

6,756
6,773
13

6,748
6,794
~46
47

Large banks in Chicago:
Reserves held
Required
Excess.
Borrowings

1,776
1,808
-32
11

1,860
1,848
12

1,791
1,795
-4

1,877
1,838
39

1,748
1,768
-20

1,856
1,854
2
54

1,781
1,772
9
50

2,764
1,749
15

7,754
1,744
10

7,752
1,774
-22
6

12,637
12,692
-55
2

13,071
13,002
69

23,053
13,048
5
38

13,328
13,211
117
468

72,936
12,956
-20
90

13,067
13,061
6
16

73,025
13,038
-13
57

73,765
13,098
67
91

72,927
12,890
31
14

72,749
12,794
-45
18

12,728
12,601
127
25

12,938
12,765
173
28

13,078
13,007
71
53

23,233
13,050
183
214

13,081
12,926
155
132

73,003
12,866
137
54

73,734
13,034
100
124

73,245
13,128
117
162

73,092
12,947
145
166

72,974
12,785
129
108

All member banks:
Reserves :
At F R. Banks
Currency dnd coin. , , .
Total held
Required .
Excess
Borrowings at F.R. Banks:
Total
Seasonal
.

...
...

Other large banks:
Reserves held
Required
Excess
Borrowings
All other banks:
Reserves held
Required
Excess.
.
Borrowins's




...

.

.

...
...

...

33

3. Reserves and borrowings of member banks l—Continued
B. Weekly averages of daily figures— Continued
Millions of dollars
1975, week ending —

Reserve classification of bank

Aug. 20

Aug. 27

Sept. 3

Sept. 10

Sept. 17

Sept. 24

All member banks:
Reserves :
At F.R. Banks. . . . . . . , . . .
Currency and coin
Total held.
.....
..^
Required
Excess .
....
Borrowings at F.R. Banks:
Total
Seasonal
...

27,717
6,912
34,629
34,418
211

27,390
7,080
34,470
34,174
296

27,173
7,356
34,529
34,228
301

26,493
7,605
34,098
34,104
-6

27,116
7,436
54,552
34,285
267

27,442
7,175
34,617
34,584
33

204
37

272
40

222
50

385
53

327
60

395
64

Large banks in New York City:
Reserves held
Required
....
Excess
Borrowings. .
....
. .

6,872
6,876
-4

6,743
6,616
127
15

6,719
6,691
28

6,710
6,755
-45
215

5,7P5 1
6,716
79

Large banks in Chicago:
Reserves held
Required . .
....
Excess
Borrowings . .
....

1,784
1,765
19

1,736
1,743
-7

1,810
1,786
24

1,701
1,732

12,947
12,874
73
77

12,870
12,822
48
87

12,906
12,825
81
58

75,026
12,903
123
127

13,121
12,993
128
170

13,094
12,926
168
164

Other large banks:
Reserves held
Required
Excess
Borrowings . .
All other banks:
Reserves held
Required
Excess
,
Borrowings. .

...
....
..
....

...
...
...

Oct. I

Oct. 8

Oct. 15

Oct. 22

27,883 1 26,678
7,582
7,561
55,444 ' 34,260
34,982
34,284
462
-24

27,036
7,618
34,654
34,358
296

27,866
6,710
54,575
34,577

581
73

239
74

172
65

232
63

6,579
6,645
-66
79

7,004
6,855
149

5,622
6,705
-83

6,721

6,730
-9
39

6,794
6,802
-8
97

1,837
1,818
19
11

1,758
1,760

1,804
1,802
2

7,777
1,787
-16

7, 866
' ^i

7,759
1,777

12,703
12,769
-66
34

12,856
12,839
17
174

13,036
13,008
28
115

13,294
13,147
147
304

/2,7P7
12,849
-52
51

13,038
12,944
94
12 1

12,948
12,983

12,984
12,848
136
136

13,064
12,912
152
142

75,244
13,171
73
201

75,542
13,178
164
277

.'5,070
2,943
127
188

75,029
12,851
178
121

75,075
13,015
60
113

-21

1975, week ending—

All member banks:
Reserves:
At F.R. Banks
Currency and coin
Total held . ,
Required
.,
Excess
...
Borrowings at F.R. Banks:
Total
....
Seasonal
. ..
Large banks in New York City:
Required
Excess
Borrowings

...
, ,

Large banks in Chicago:
Reserves held
Required
Excess
* ... ....
Borrowings..
. .
Other large banks:
Reserves held. . .
Required .
Excess
Borrowings . . .
AH other banks:
Reserves held
Required . . . .
Excess
Borrowings . .

34



...

...
...

....

...
. ,

....

...

....
....
.

...
...

Nov. 19

Nov. 26

Dec. 3

Dec. 10

Dec. 17

Dec. 24

Dee. 31

27,624
7,117
34,741
34,567
174

27,670
7,014
34,684
34,500
184

27,245
7,572
34,817
34 , 504
313

26,594
7,825
34,419
34,276
143

27,312
7,827
35,139
34,906
233

27,345
7,491
34,836
34,625
211

27 , 569
8,036
35,611
35,197
414

39
26

58
26

73
26

66
21

28
14

44
13

219
12

253
13

7,058
6,703
355

6,474
6,593
-119

7,007
6,973
34

6,643
6,640
3
16

6,774
6,655
119
16

6,590
6,646
-56

€,961
f ,850
111

6,628
6,621
7
140

6,973
6,916
57
140

1,748
1,733
15

1,786
1,768
18

1,738
1,744
-6

1,783
1,784
-1

7,755
1,733
20

7,725
1,741 i
= 18

1,749
1,723
26

1,818
1,830

1,699

1,704
-5

1,804
1,784
20

13,031
12,998
33
7

12,984
12,744
240

12,679
12,750
-71
4

12,966
12,959
7
11

13,114
13,059
55
3

13,133
13,072
61
6

13,056
13,019
37
1

13 227
13 221
6
11

13,239 f
13,164
75 !
42

13,402
13,273
129
57

13,258
13,130
128
87

13,058
12,867
191
67

12,863
12,704
159
35

12,985
12,851
134
47

13,174
13,068
106
54

13,187
13,036
151
44

13,024
12,888
136
27

75,755
13,005
128
33

13,270
13,136
134
37

13,432
13,224
208
56

Oct. 29

Nov. 5

27,470
7,245
54,7/5
34,437
278

27,362
7,524
34,886
34,082
804

94
60

67
41

6,678
6,576
102

Nov. 12

26,061
7,693 <
55,754
33,791
-37

!

3. Reserves and borrowings of member banks 1—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars
1976, week ending—

Reserve classification of bank

All member banks:
Reserves :
At F, R. Banks
Currency and coin. . . .
Total held . .
.
Required
Excess
Borrowings at F. R, Banks :
Total
Seasonal . . . .
.

...
.

Large banks in New York City;
Reserves held . . .
Required
.
Excess . . . .
Borrowings

.

Large banks in Chicago:
Reserves held
Required
Excess
Borrowings
Other large banks:
Reserves hvld.
Required . . . .
Excess . ,
Borrowings

.

.

....

.

.

.

.

.

Jan. 14

Jan. 21

Jan. 28

Feb. 4

Feb. 11

Feb. 18 Feb. 25

Mar. 3

Mar, 10

27,483
7,937
35,551
35,227
324

26,766
8,903
35,802
35,639
163

27,324
8,733
36,193
35,996
197

26,585
8,349
55,072
34,907
165

26,815
8,116
35,069
34,652
417

25,590
8,050
33 , 779
33,729
50

26,885
7,516
34,540
34,040
500

26,372
7,145
33,656
33,773
-117

26,371
7,577
34,088
33,678
410

25,283
7,955
33,379
33,276
103

67
10

45
8

153
10

58
8

57
12

51
12

56
10

148
10

85
8

48
8

7,364
7,305
59

7,555
7,514
71

7,439
7,501
-62
28

6,997
6,948
49
10

7,062
94

7,156

6,720
6,803
-83

7,222
7,042
180

6,572
6,729
-157
82

6,726
6,628
98
31

6,738
6,685
53
26

1,757
1,769
-12

1,805
1,807
-2

1,842
1,844
-2
77

1,737
1,709
28

1,692
1,706
-14

1,701
1,681
20

1,718
1,725
-7
4

1,672
1,677
-5

1,749
1,738
11
11

1,686
1,704
-18

.

.

13,245
13,143
102
11

13,203
13,297
-94
2

13,582
13,491
91
18

13,081
13,104
-23
15

13,052
12,913
139
16

12,522
12,553
-31
14

12,709
12,614
95
10

12,489
12,532
-43
24

12,685
12,563
122
14

12,171
12,238
-67
3

.

13,185
. 13,010
175
56

13,209
13,021
188
43

13,330
13,160
170
30

13,257
13,146
111
33

13,169
12,971
198
41

12,836
12,692
144
37

12,891
12,659
232
42

12,923
12,835
88
42

12,928
12,749
179
29

12,784
12,649
135
19

,, . .
.

All other banks:
Reserves held
Required
Excess. ,
Borrowings. . .

.

Jan. 7

1976, week ending—•

AH member banks:
Reserves :
At F. R. Banks
.
Currency and coin
Total held.
Required
.
Excess
Borrowings at F. R, Banks:
Total
. . .
.
Seasonal

Mar. 17 Mar. 24 Mar. 31

Apr. 7

Apr. 14 Apr. 21 Apr. 28

May 5

May 12 May 19

26,072
7,493
33,710
. . . 33 , 509
201

26,547
6,869
33,562
33,451
111

26,635
7,453
34,236
33,838
398

25,840
7,600
33,587
33,464
123

25,756
7,856
33,762
33,589
173

27,208
7,088
34,447
34,317
130

26,610
7,623
34,384
34,272
112

27,208
7,937
35,296
34,855
441

25,271
8,297
33 , 720
33,753
-33

26,346
7,638
34,136
33,891
245

40
8

78
8

36
10

24
11

61
10

40
10

54
11

30
11

55
9

122
II

6,785
6,759
26

5,557
6,584
-27
36

6,784
6,679
105

6,563
6,576
-13

6,680
6,651
29

6,809
6,813
-4

5.57P
6,563
16

6,975
6,910
65
3

6,592
6,635
-43
34

6,856
6,816
40
40

7,726
1,705
21

1,649
1,662
-13

1,692
1,682
10

1,678
1,694
-16

1,748
1,740
8
15

1,714
1,736
-22
18

1,681
1,654
27

1,711
1,705
6

1,659
1,656
3
3

7,652
1,666
-14
6

Other large banks:
Reserves held
Required,
Excess
Borrowings

12,402
12,389
13
22

12,463
12,393
70
23

12,704
12,595
109
14

12,433
12,416
17
4

12,473
12,488
-15
32

12,804
12,763
41
2

12,775
12,818
-43
26

13,183
12,967
216

12,397
12,509
-112
2

12,594
12,514
80
42

All other banks:
Reserves held .
Required
Exi ess
Borrowings .

12,797
12,656
141
18

12,893
12,812
81
19

13,056
12,882
174
22

12,913
12,778
135
20

12,861
12,710
151
14

13,120
13,005
115
20

13,349
13,237
112
28

13,427
13,273
154
27

13,072
12,953
119
16

13,034
12,895
139
34

Large banks
in New York City:
1
Reserve, ! held

Required.
Excess
Borrowings
Large banks in Chicago:
Reserves held
Required
Excess . . .
...
Borrowings




.

. ..

.

. ••

35

3. Reserves and borrowings of member banks 1—Continued
B. Weekly averages of daily figures—Continued
Millions of dollars

Reserve classification of bank
May 26

June 2

All member banks:
Reserves :
25,927 * 25,834
At F. R Banks
7,513 f 7,833
Currency 3nd coin
33,597 33,825
Total held
33,519 33,372 *
Required
78
453
Excess . , . . .
,,,,,,,,..,,...,
Borrowings at F. R. Banks:
242
136
Total
12
17
Seasonal
Large banks in New York City:
Reserves held . , ,
Required
Excess
.
Borrowings, ,
..
Large banks in Chicago:
Reserves field
Required . ,
Excess.
Borrowings
Other large banks:
Reserves held
Required
Bxcess
Borrowings

• •-

..

.

All other banks:
Reserves held
Required . . . . .
Excess
. . .
Borrowings

June 9

1976, week endingp
June 16 June 23 June 30 , July 7 1 July 14

24,885 \ 25,970
8,082 1 7,841
33,127 33,971
33,197 33,400 ,
571 !
-70
93
14

6,486
6,528 ,
-42
36

49
16 1

25,801 26,629 i 26,153 25,370 26,842 ; 25,913
7,633 1 8,077
§,22(J
8,400 ; 7,429 f 8,155
33,594 1 34, $66 i 34,52k. ; 33,919 34,420 34,219
33,774 34,341 i 33,959 33,890 34,192 { 34.1H7
-180 (
562
525
29
228 ,
,2
21

165
28

6,578
6,460
118

6,337
6,443
-106
62
1,640
1,670
-30

165

126
26

176
23

59
23

6J69
6,674
95
14

6,336 ! 6,506
6,519
6,599
317
-93
21 I
78

6,633
6,545
88

7,753
1,716
37

7,777
1,667
50

7,70J
1,731
-28
57

7,777
1,758
19

1,632
1,'637
~6

72,592
12,568
24
3

12,716
12,736
-20
10

12,767
12,715
52
33

:3sim

13,294 13,473
13,153 13,358
141 1
115
49
63

6,412
6,465
-53
53

6,550
6,490
60

1,635
1,605
30

1,614
1,592
1,607 1 1,627
-13
-15
14
17

1,777
1,709
68

12,424
12,414
10
32

12,561 ! 12,055
12,317 12,208
244 ; -153
5
79

12,580
12,370
210
11

12,388 72.P25 12,596
12,522 12,710 12,574
22
-134 1
213 I
1
24
45

13,126
13,035
91
51

13,122
12,958
164
149

13,036
12,861
175
38

13,229
13,139
90
58

12,972
12,834
138
35

July 21 « July 28
i
i

13,421
13,241
180
127

13,372
13,199
173
104

i

:

12,992
126
38

159
27

i

6,348
6,477
-129
63

1976, week ending—

AH member banks:
Reserves:
At F R Banks
Currency «jnd coin
Total held
,
Required . . ,
Bxcess
Borrowings at F. R. Banks:
Total .
.
.
Seasonal

.

..

.

.

.
.

Aug. 4

Aug. 11 Aug. 18 Aug. 25 Sept. 1

Sept. 8

Sept. 15 i &-pt. 22 Sept. 29

. . * 26,351
8,190
. . . . 34,691
34,255
436
..

25,088 26,311 26,111 ) 25,884
8,324 t 7,94$ ' 7,556
8,017
33,562 34,408 33,818 34,052
33,598 34,071 1 33,700 33,762
337
-36
290
118

25,168
8,242
a 3 ,564
33,291
273

25,261
8,414
33, 835
33,576
259

1
i 35,908
i 7,428.
' $it496
- 33,454
'
42

..

Large banks in New York City:
Reserves held.
Required
Excess
Borrowings
Large banks in Chicago:
Reserves held,
.
Required
JExcuss
Borrowings
Other large banks:
Reserves held
Required
Bxcess .
.
Borrowings
Ail other banks:
Reserves held
Required
Borrowings

36



,

,

......

Oct. 6

26 , 057 26,028
8,360
8,258
34,577 34,433
34,378 34,099
199 i
'D4
101
87
3S
34

157
22

122
26

85
27

68
29

93
32

45
29

61
28

44
31

6,757
6,665
86
86

6,381
6,455
-74
41

6,771
6,652
119

6,334
6,356
-22

6,484
6,439
45
30

6,361
6,279
82

6,405
6,343
62

6 102
6,128
—26

6,440
6,450
-10
31

6,451
6,40D
51
32

1,670
1,617
53

1,576
1,614
-38
24

1,695
1,674
21
2

1,608
1,603

1,616
1,612
4

1,602
1,572
30

1,674
1,694
-20
14

1,597
i , 301
-4

1,637

5

1,614
1,605

12,886
12,773
113
16

12,439
12,492
-53
18

72,652
12,639
13
37

72,550
12,466
64
15

72,547
12,460
81
6

12,348
12,354
-6
1

72,577
12,451
60

12,.<-33 | 12,849
12,459 12,808
^26
41
1
6

12,759
12,666
93
6

13,384
13,200
184
55

13,166
13,037
129
39

13,290
13,106
184
46

13,346
13,275
71
53

13,411 13,253 13,245
13,251 i 13,086 | 13,088
157
160
167
44
57
41
,

13,354 13,651
13,266 , 13,515
136
<m
43
50

13,609
13,428
181
63

(

1,605
32

9

3. Reserves and borrowings of member banks 1—Continued

B. Weekly averages of daily figures—Continued
Millions of dollars
1976, week ending—
Reserve classification of bank

Nov. 3

Nov. 10 Nov. 17 Nov. 24

Dec. 1

Dec. 8

26,343
8,277
34,778
34,317
461

25,417
8,452
34,027
34,005
22

26,777 26,596
8,235 • 7,637
35,171 } 34,392
34,818 1r 34,272
353
120

26,573
8,381
35,113
34,729

25,660 26,365
8,494
8,931
34,313 35,455
34,188 , 34,989
125
467

119
33

202
29

50
23

54
21

44
21

87
18

26
14

69
13

6,592
6,615
-23

6,122
6,134
-12

6,472
6,362
110
128

6,338
6,349
-11
14

6,875
6,803
72
14

6,316
6,320
-4

6,541
6,526
15
44

6,467
6,406
61

6,775
6,763
12
16

1,639
1,616
23

1,663
1,673

1,654
1,651
3
13

1,626
1,619
7

1,584
1,576
8

1,655
1,658
-3

1,551
1,521
30

1,669
1,654
15

1,556
1,586

1,689
1,660
29
18

Other large banks:
Reserves held.. .
Required, . . .
Excess. . . . . .
Borrowings . . .

12,499
12,514
-15

72,900
12,887
6

12,936
12,805
131

12,649
12,726
-77

12,967
12,895
72
3

12,746
12,735

3

12,703
12,693
10
60

6

13,020
12,857
163
5

12,588
12,655
-67

13,245
13,008
237
9

All other banks:
Reserves held,, .
Required. . . .
Excess.......
Borrowings. . . .

13,381
13,225
156
44

13,531
13,412
119
42

131705
13,595
110
46

13,744
13,531
213
57

13,456
13,354
102
36

13,674
13,462
212
37

13,779
13,696
83
38

13,883
13,692
191
38

13,702
13,541
161
26

13,747
13,558
189
26

Oct. 13

Oct. 20

All member banks:
Reserves:
At F. R. Banks
Currency and coin
Total held.
Required
Excess .. .
Borrowings at F. R. Banks:
Total
Seasonal.

25,180
8,466
33,800
33,588
212

27,113 26,184 ,
7,419 i 7,844 |
34,686 34,184 ,
34,587 34,073 •
99
111 |

47
32

48
29

Large banks in !New York City:
Reserves held
Required
Excess
Borrowings. ,

6,281
6,233

Large banks in Chicago:
Reserves held
Required
Excess....
Borrowings.

48

-10

13

Oct. 27

17

11

384

-30

Dec. 15

1976, week
ending-—

Dec. 22 Dec. 29
All member banks:
Reserves:
At F. R 0 Banks
Currency and coin
Total held
Required
Excess
Borrowings at F. R. Banks:
Total...
Seasonal

71

27,043
8,632
35,834
35,486
348

37
11

82
11

Large banks in New York City:
Reserves held
Required
Excess
Borrowings

6,586
6,569

6,609
6,629
-20
6

Large banks in Chicago:
Reserves held
Required
Excess,
Borrowings

1,646
1,630
16

1,668
1,673
-5

Other largo banks:
Reserves held.. ,
Required. , . .
Excess
Borrowings

13,096
13,164
-68
10

13,507
13,341
166
44

All other banks:
Reserves held..
Required. . .
Excess
Borrow ngs. . .

13,826
13,720
106
27

14,050
13,843
207
32




26,859
8,136
35,154
35,083

17

37

4. Federal funds transactions of 46 money market banks
Millions of dollars except as noted
1976, week ending-

Type
Jan. 7

Jan. 14

Jan. 21

Jan. 28

Feb. 4

f

Feb. 11

Basic reserve position:

Feb. 18

Feb. 25 1 Mar, 3
1

15
-1
85
120
210
-35
122
212
LESS :
105
6
Borrowings at F. R. Banks
10
86
41
16,392
11,696
12,106
Net interbank Federal funds transactions.
14,458
12,620
17,080 'is'.iie'
13,732
14,491
EQUALS :Net surplus, or deficit ( — ):
-11,583 -16,377 -14,563 -12,546 -11,896 -17,026 -14,915 -13,853 -14,411
Amount
71,3
75.7
98.9
79.8
Per cent of average required reserves . . .
87.2
111.7
95. 9
91.7
95. 3
Interbank Federal funds transactions:
Gross transactions:
22,350
19,657
18,363
19,175
18,090
21,194
Purchases
23,009
18,675
20,009
5,742
5,985
5,958
Sales
7,478
5,199
5,929
4,944
6,068
5,518
4,524
5,033
4,630
4,783
5,623
5,109
4,424
5,646
Two-way transactions 2 .
4,805
Net transactions:
13,552
17,720
15,132
13,580
Purchases of net buying banks. . . .
13,058
17,901
15,204
14,252
:15,548
952
960
422
1,856
1,329
675
821
Sales of net selling banks
.
520
713
Related transactions with U.S. Government
securities dealers:
2,432
2,298
3,293
3,099
2,989
2,562
2,074
Loans t o dealers 8
. . .
2,133
2,355
574
376
476
322
436
Borrowing from dealers 4
297
285
414
561
2,723
1,822
2,720
2,667
1,996
Net loans
..
1,777
2,277
1,794
1,718

",

1976, week endingMar. 10

Mar. 17

Mar. 24

Mar. 31

Apr. 7

Apr. 14

Apr. 21 1 Apr. 28

Basic reserve position:
52
Excess reserves l .
. . .
.
.
200
32
200
43
80
IS
-68
LESS:
6
Borrowings at F. R. Banks
26
43
15
20
38
1!€, 895
Net interbank Federal funds transactions.
17,543
16,432
19,322
15,565
13,232
12,665
13,738
EQUALS: Net surplus, or deficit ( ~ ) :
-17,369 -15,519 -13,744 -13,032 -16,352 -19,346 '-16,872 -12,747
Amount
127.7
Per cent of average required reserves
102.6
92.3
109,4
109. 6
84.4
86.0
117 A
Interbank Federal funds transactions:
Gross transactions ;
22,904
22,084
21,394
19,046
Purchases.
.
..
. ,
23,428
18,805
24,269
19,508
5,652
4,947
Sales
5,885
5,829
6,843
5,815
5,068
6,008
5,167
4,715
4,987
4,125
4,498
4,235
4 968
Two-way transactions 2 . , . .
4,340
Net transactions:
17,586
20,033
11.936
Purchases of net buying banks. , . .
16,227
14,707
14,793
18,440
14,680
1,155
662
1,475
711
1,040
Sales of net selling banks
898
943
2,128
Related transactions with U.S. Government
securities dealers:
2,665
3,576
3,342
3,953
4,156
2,420
2,248
Loans to dealers. 3
2,438
Borrowing from dealers 4 . .
874
1,303
557
432
655
801
481
495
2,910
3,297
3,355
1,791
Net loans
,
1,939
945
1,943
3,019

May 5

229
11,833
-11,604
74,5
19,850
8,018
4,721
15,130
3,297
2,128
1,696
432

1976, week ending-

May 12

May 19

May 26

June 2

June 9

, June 16

June 23

June 30

July?

Basic reserve position:
201
-110
250
57
Hxcess reserves * . . .
552
-39
3
189
58
LESS:
21
42
96
59
19
34
60
Borrowings at F. R. Banks
46
10,233
13,296
13,126
10,982
15,799
14,728
Net interbank Federal funds transactions..
15,423
13,323
1 1 , 305
EQUALS: Net surplus, or deficit ( — ):
Amount
-15,455 -13,313 -11,308 -10,840 -15,951 -14,478 -13,261 -10,063 -12,766
89.4
66.2
108.6
97.8
85. S
87.4
Per cent of average required reserves. . . . . .
103.0
73.7
76.8
Interbank Federal funds transactions:
Gross transactions:
17,914
20,721
20,637
21,071
1M'?3
20,624
18,203
21,837
Purchases
18,849
6447
7,341
6,343
4,921
7,681
6,414
Sales
7,301
6,898
7,867
4,796
4,011
4,168
4,668
4,526
4,S?,9
4,332
5,099
Two-way transactions 2
4,228
Net transactions".
13,118
14,^3
15,969
16,710
16,903
16,098
Purchases of net buying banks
13,974
17,505
13,749
2,886
2,175
1,718
2,673
910
2,669
2,082
2,768
Sales of net selling banks
2,775
Related transactions with U.S. Government
securities dealers:
2,047
1,917
3,662
2,448
2,522
3,729
2,272
3,207
Loans to dealers 3
2,680
1,072
941
1,484
997
1,249
1,441
Borrowing from dealers 4
.
, .
1,291
1,398
1,208
1,105
1,451
668
2,590
2,245
Net loans .
1,239
874
1,231
1,999

38



4. Federal funds transactions of 46 money market banks—Continued
Millions of dollars except as noted
1976, week ending—
Type
July 14

July 21

July 28

Aug. 4

Aug. 11

Aug. 18

Basic reserve position :
3
60
-58
55
178
18
BXCCSS reserves *
LESS:
66
75
14
95
135
9
Borrowings at F R. Banks
12,617
13,692
16,357
12,589
15,043
Net interbank Federal funds transactions. 16,941
EQUALS : Not surplus, or deficit ( — ) :
-17,059 -13,641 -12,680 -12,506 -16,490 -15,002
Amount
,
111.4
84.8
82.3
90.0
99.0
Per cent of average required reserves
112.8
Interbank Federal funds transactions:
Gross transactions:
20,241
22,636
21,530
18,938
19,498
22,289
Purchases
6,321
6,279
6,487
6,909
5,348
6,549
Sales
4,472
4,326
4,227
4,615
4,043
4,408
Two-way transactions 2
....
Net transactions :
18,310
17,122
14,711
14,883
18,247
15,769
Purchases of net buying banks
2,094
1,952
2,294
1,305
2,077
2,079
Sales of net selling banks
Related transactions with U.S. Government
securities dealers:
2,259
2,202
3,260
2,549
3,337
2,734
Loans to dealers a
....
1,392
1,327
1,357
606
935
1,168
Borrowing from dealers *
933
2,654
1,614
2,169
1,342
845
Net loans

Aug. 25

Sept, 1

Sept. 8

145

151

120

13,555

30
13,301

16,843

-13,410
91.8

-13,180
89.8

-16,723
115.6

20,425
6,869
4,362

20,840
7,539
4,621

24,246
7,404
4,548

16,063
2,507

16,219
2,918

19,698
2,855

2,319
1,321
998

2,617
980
1,638

3,728
848
2,881

Oct. 27

Nov. 3

Nov. 10

1976, week endingSept. 15

Sept. 22

Sept. 29

Oct. 6

Oct. 13

Oct. 20

Basic reserve position :
197
-3
56
155
n
194
179
-9
28
Excess reserves *
LESS:
34
132
14
14
36
69
Borrowings at F R. Banks. . . .
5
17,798 " 14^964' 13,114
20,680
15,877 " 19^748 ' 16,640
15,528
16,086
Net interbank Federal funds transactions.
EQUALS: Net surplus, or deficit ( — ):
-17,633 -14,973 -13,094 -15,755 -19,551 -16,647 -15,587 -16,024 -20,666
Amount
87.7
107.2
119,9
104,4
134.3
109.2
139.9
107.8
Per cent of average required reserves
106.6
Interbank Federal funds transactions:
Gross transactions:
26,142
20,643
22,846
22,387
23,762
23 , 809
21,509
23,506
26,748
Purchases . . .
7,529
7,676
6,011
6,545
6,394
6,866
6,068
6,969
6,859
Sales
4,176
4,160
4,537
4,964
4,803
4,224
4,636
4,975
5,085
Two-way transactions 2
Net transactions:
22,524
16,468
18,211
17,413
18,677
19,648
16,971
21,178
18,703
Purchases of net buying banks
3,354
2,335
1,884
1,851
2,008
1,430
2,063
1,843
2,591
Sales of net selling banks . . .
Related transactions with U.S. Government
securities dealers:
3
3,683
4,916
4,297
2,298
3,308
3,501
3,220
3,240
4,888
Loans to dealers
1,131
892
969
917
966
1,180
1,292
1,155
1,418
Borrowing from dealers 4
1,822
3,970
1,167
2,717
2,127
3,760
2,328
3,328
Net loans
2,208
1976, week ending—

Nov. 17

Nov. 24

Dec. 1

Dec. 8

Dec. 15

Dec. 22

Dec. 29

Basic reserve position:
163
237
34
46
31
114
71
Excess reserves *
. . .
LESS:
44
15
17
41
4
Borrowings at F.R. Banks .
16,472
20,453
19,521
15,990 "\9l282
Net interbank Federal funds transactions. 19,191 "17^257'
EQUALS; Net surplus, or deficit ( — ):
-19,044 -17,143 -16,000 -19,236 -20,257 -19,454 -16,457
Amount . . .
106,7
131.2
127.5
105.5
130.3
123,8
117.0
Per ctnt of average required reserves
Interbank Federal funds transactions:
Gross transactions :
24,354
26,662
22,611
24,866
26,820
25,525
23,167
Purchases
5,584
7,882
6,367
7,142
6,621
6,335
5,910
Sales
,
4,517
4,686
4,942
4,841
4,494
4,795
5,191
Two-wJiy transactions 2 .
....
Net transactions:
19,164
22,134
21,721
17,816
20,349
20,685
18,673
Purchases of net buying banks
1,682
1,826
2,691
2,199
1,494
1,417
1,068
Sales of net selling banks
Related transactions with U.S. Government
securities dealers:
3,305
4,413
3,714
4,173
3,436
4,680
3,047
Loans to dealers 3
2,034
1,552
2,574
1,359
1,496
1,155
1,490
Borrowing from dealers 4
1,885
3,184
731
3,055
1,557
2,139
Net lo«ins
2t559




39

5. Federal Reserve Bank interest rates

A. On loans to member banks under Sections 13 and 13al
Per cent per annum. Figures in parentheses indicate day of month new rate became effective,

Year and month
1971—In effect Dec. 31 . . . .
1973—Jan
Feb
Mar
Apr
May.
June
July
Aug, . ,

Boston

New
York

Philadelphia

Cleveland

Richmond

Atlanta Chicago

St.
Louis

Minne- Kansas
apolis i City

4^
4K
4>i
434)
4M
414
4M
4M
4J4
4J4
(15) 5 (15) 5 (15) 5 (15) 5 (15) 5 (15) 5 (15) 5 (15) 5 (15) 5 (15) 5 1(15)
(28) 5M (26) 5M (26) SK (27) 5J4 (27) 5K (27) 5J4 (27) 554 (26) 5*4 (27) 5H (26) 5M!(27)
'i
M (27) SM (27) 5M
(23) 5K
34 (27)
( i i j 6 ( i i j 6 (11) 6
(11) 6 (11) 6
6 (11)
(11) 6^ (11) 6*4 (11) 6J4 (,1) 6H U2> 6M (11) 6H (11) 6M CH> 6«
(11)
(2) 7
(2) 7
(2) 7 ft] ^
(2) 7
(2)
7
(23) 7H (14) 1Y* (14) 7M (14) 7*4 (14) 7K (16) 7^ (H) 714 (14) 7|4 (14) 724 "14) 7J4 (14)

ffi 2« g?j i

San
Francisco

Dallas

$1 S*:?8J i
<}ij$«i'}2j *

4*4

4Mi

5 (15)
5*4
(2)
5M (23)
6 (11)
6K (11)
7
(2)
7^ (14)

5
5H
5M
6
6H
7
7|4

1974— Apr, . .

(30) 8 (25) 8 (25) 8 (25) 8 (25) 8 (29) S (26) 8 (26) 8 (26) 8 ; 'i25) 8 (25) 8 (25) 8
(10) 7M (9) 7% (9) 7% (13) 7M (10) 7M (16) 7% (10) 7% (13) 7M (13) 1H (13) 7M (10) 7M

1975— Jan
Feb.
Mar

(6)
(5)
(10)
(16)

do m

Dec

....

May

1976— Jan.
Nov

7%
6M
6M
6

(10)
(5)
(10)
(16)

7J^
6M
6M
6

(6)
(5)
(10)
(16)

7%
6^
6M
6

(19) SM (19) SK (19) 5M
(22) 5M (22) 5M (22) SM

In effect Dec. 31

VA

5M

(6)
(5)
(10)
(16)

7M
6M
6K
6

(6)
(5)
(10)
(16)

(22)
SI 19 (19)

SK

SM

7M (13)
6% (5)
6K, (10)
6 (16)

7M (10)
6M (6)
6M' (10)
6^ (16)

7M : (10)
6M (6)
6X1 (14)
6 (16)

7M (10)
6Mi (5)
6M (10)
6 (23)

(24)
(6)
(10)
(16)

7X
6M
6M
6

(6)
(5)
(14)
(16)

7X
6M
6M
6

7M
6H
6X
6

(6)
(5)
(10)
(16)

7M
6M
6M
6

SM (19) 5J4 (19) 5K| (23) 5J4 (19) 5M (19) 5M (19) 5H (19) 5H
5K, (22) 5M, (22) 5X (26) SM (22) 5Xi(.22) 5X (22) 5M (22) 5M

SM;

5M

SMj

5Mj

5Xj

5J€

5K'

5X

B. On loans to member banks under Section 10(b)
Per cent per annum, Figures in parentheses indicate day of month new rate became effective.

Year and month

Boston

New
York

Philadelphia

Cleveland

Richmond

Atlanta Chicago

St.
Louis

Minneapolis

Kansas
City

Dallas

S^n
Francisco

5

5

Regular rate J
1971— In effect Dec. 31....
1973— Jan

Fcb

Mar
Apr

May

(11)
(11)
(2)
(23)

June. .
July
Aug.
1974= Apr

Dec

1975 Jan.
Feb
Mar.
May

5

5

5

5

(15) 5J4 (15) 5^ (15) SH (15) 5M
(28) 6 (26) 6 (26) 6 (27) 6
(23)
6H (ii) 6K (11)
7 (11) 7 (11)
7M (2) 7^ (2)
8 (14) 8 (14)

6M
6K
7
?M
8

(23)
(11)
(11)
(2)
(14)

6M
6H
7
7M
8

5

5

gfi i« '[$ i«
(23)
(11)
(12)
(2)
(14)

gii I

H

5

afi 3* 83) 3«
!

,(27) 6X (27) 6M
6M
M (11) 6H
6^
7
7 (11) 7 1
(ID 7 (11) 7 (
1H (2) 7M (2) ?M (2) 7M (2) 7H
7K
8 (16) 8 (14) 8 (14) 8 (14) 8 (14) 8

8?l % ^.^

8?J % 8!j ?

!JI

;

(15) 5J4 : (15)
(27) 6
(2)
1(27)
6X (23)
:
(11) 6H (11)
(11) 7 (11)
(2) 7H (2)
(14) 8 (14)

5J4
6
6^
6^
7
7M
8

834 (25) 8J3 (25) 8M (25) EM
8M (13) 8M (10) 8M (11) 8X
7M (24) 7M (6) 7U (6) 7>>|
7M (?S 7^ (5) 7X (5) 7M
6«€ (10:) 6% (14) 6% (10) 6M
6K d*.t 6)4 (16) 6K (16) 6M
(19) 6 (19) 6
19) 6 (19) 6 (19) 6 (19) 6 (19) 6 (19) 6 (23) 6 (19) 6
(19) 6
(22) 5H 22) 5M (22) 5% (22) 5M (22) 5% (22) 5M (22) 5M (22) 5M (22) 5M (22; SM (22) SM (22) 5M
5%
5M
5M
SM
5X
SM
5M
5M
5M
SM
5M

(30) 8^ (25) 8M (25) 8J4 (25) 8K 1(25) ^A (29) 8^ (26) 8M (26) 8M (26)
(10) 8M (9) 8M (9) 8M (13) 8M (10) 8X (16) 8M (10) 8X (13) 8M (13)
. . . . (6) 7M (10) 7M
(6) 7% (6) 7M (13) 7M (10) 7M (10) 7M (10)
(S)
(6) 7M
(5) 7M (5) 7M
(5) 7M (5) 7M
(10) 6M (1(4?1 2g (10)
(10) 6M, (10) 6M
(10) 6M (10) 6M
(16) 6M (16) 6^ (16) 6H (16) 6% (16) 6>i (23)
(16) 6^ (16) 6M

IS) ?S
8S! %

1976- Jan
Nov.
In effect Dec. 31

(Sj ig

(u>: e

SM

Special rate
1974— In effect Aug. 31
Sept.
Oct
Dec

1975— Jan

Feb

Mar
May
June
July

5

5

5

(15) 5^
(27) 6

.. .

1976—Jan,
Nov
In effect Dec. 31....

40



(27)10

(11)10
(10) 9H "(9)'9K
(6) 9 (10) 9
(5) 8H (5) 8J4
(10) 8 (10) 8
d6) iy2 (16) 7^
(24) 7
(2) 7

2

":".:::
(14)10 (11)10

(3)10
(3)10
(4)10
(9) 9^ (13) 9M (10) 9H (16)
(6) 9 (13)
(6) 9
(6) 9
(5) 8J4 (5) 8H (5) 8J4 (5)
(10) 8 (10) 8 (10) 8 (10)
(16) 7K (16) 1H (16) 7)4 (16)
(9) 7
(3)
(9) 7
(9) 7

|

1

(4)10
(3)10
9^ (10) 9H (13) 9H (13) 934
9 (10) 9 (10) 9 (10) 9
(7) 8M
8M
(14) 8
8
(16) 7^ cgj ?«
7M
7
(IS) 7

<$ 5«

((SI
1 6 S«
<9 ] ?»

(4)10
(13) 9H
(24) 9
(7) 8M
(10) 8
(16) 7^4
(9) 7

(27)10

(4)i6

(ioj 9M (11) 9M5
(6)
(5)
(14)
(23)
(9)

9
8H
8
7)4
7

(6) 9
(5)
SM

(10) 8
(16) 7J4
(24) 7

!
(19) 6H (19) 6H (19) 6^ (19) 6H (19) 6y2 (19) 6^2 (19) 6M (23) 6J4 (19) 6M (19) 6H (19) 6J4 (19) 614
(22) 6M (22) 6M (22) 6M (22) 6M (22) 6K (22) 6M (22) 6M (26) 6M (22) 6M! (22) 6M (22) 6X| (22) 6M

6M

6^

6M

6M

6M

6M

6M

6M

6M 1

6J€

6M

6M

5. Federal Reserve Bank interest rates—Continued

C, On loans to others than member banks under last paragraph of Section 13 1
Per cent per annum. Figures in parentheses indicate day of month new rate became effective.

Year and month

Boston

New
York

Philadelphia

Cleveland

Richmond

Atlanta Chicago

St.
Louis

Minneapolis

Kansas
City

Dallas

San
Francisco

1971—In effect Dec. 31.
1973—Jan.. .
Feb..
Mar..
Apr..
May.
June.
July. .
Aug..

:i5) 7 (15) 7 (15) 7 (15) 7 (15) 7 (15) 7 (15) 7 (15) 7 (15)
(27) 73> (27) 734 (27) 7H (27) 7J, (26) 7V (27) 7^ (26) 7H (27) 7^
(2)
(23) 7^ (23) 7M (23) n (23) 7M (27) 7^ (27) 7^ (23) 7M (23) 1% (27) 7M (23)
(11) 8
(11) 8 (11) 8 (10 8 (11) 8
( U ) 8 (11) 8 (18) 8 (11) 8 (11)
(11) 8 (11) 8
(11) 8> (11) 8V (11) 8V (11) 834 (12) 8> (11) 8M (11) 8M (11) 8^ (11) 8H (15) 8M (11) 8H (11)
(2) 9
(2) 9
(2) 9
(2) 9
(2) 9
(2) 9
(2) 9
(2) 9 (2) 9
(2) 9
(2) 9
(2)
(23) 9V (14) 9V (14) 9V (14) 934 (14) 9^ (16) 9K (14) 9H (14) 9H (14) 9H (14) 9H (14) 9K (14)

5)7
g
(28)

;i5) 7 (15) 7
(26) 7> (26) 7}

7
7*
7^
8
8^
9
9^

1974—Apr..

(30)10

1975—Feb..
Mar..

(5) 9V (5) 9V (5) 9V (5) 9H (5) 9^ (5) 93^ (6) 9H (7) 9H (5) 9H (7) 9H
(10) 9 (10) 9 (10) 9 (10) 9 (10) 9 (10) 9 (14) 9 (14) 9 (10) 9 (10) 9
(14) 9'

1976—Jan.. .
Nov..

(19) 83* (19) 8V (19) 83' (19) 8H (19) 83* (19) 8H (19) 8K (23) 8M (19) 83> (19) 8M (19) 8> (19) 8^
(22) 8V (22) 8J (22) 8* (22) 83^ (22) 8} (22) 83i (22) 8M (26) 8M (22) 8> (22) 8J^ (22) 8} 22) 8^

(25)10

(25)10

(25)10

(25)10

(29)10

(26)10

(26)10

(26)10

(25)10

(25)10

(25)10
(5) 9V
(10) 9

In effect Dec. 31




41

6. Reserve requirements on deposits of member banks
Requirements are in per cent of deposits.
Net demand deposits

2

Time deposits,
all classes of banks

Other banks

Reserve city
banks
Effective
date

1963 =In effect Jan. 1

0-S5
million

Over S5
million

0-S5
million

Other time

Saving s

Over S5
million

0-SS
million

1966 July 14, 21 1l
Sept 8 15

4

4

1967— Mar 2
Mar 16

3'/z
3

3%
3

1968~=Jan 11 18

16>/2

17

12

12%

1969=Apr 17

17

17 '/2

12 '/2

13

1970

Over S S
million

4

12

16 »/2

3

5
6

5

Oct 1

Beginning Nov 9, 1972
Net demand deposits 2, "
(millions of dollars)

Time deposits

3

Other time

0-2

2-10

10-100 100-400

Over
400

0-$5 million,
maturing in—

Savings

180
days to 4 years
4 years or more

30-179
days
1972— Nov. 9
Nov. 16

8

1973—July 19

10

12

10M

12M

17^

'if*

10

12

13

:
180
)
days to 4 years
4 years j or more

^

'5

i.

•

17M
7M

"

30-179
days

18

13^

1974—Dec. 12 . . . .
1975-=Feb 13
Oct. 30 .

?3

'3

Over $5 million, »
maturing in-

a
1

16K

„

6

\

si

3

i

•'

1976— Jan 8
Dec. 30

7

9M

UK

12M

16M

In effect Dec. 31, 1976....

7

9H

n%

12%

16M

3

3

*iyi

8

1

•

6

3
8

« 2J4

Minimum

Legal limits, Dec. 31, 1976:

10
7
3

Net demand deposits, reserve city banks.
Net demand deposits, other banks
Time deposits

i si

2^4

. . ..
| U

j Maximum
22
14
10

7. Margin requirements, 1968-76
Per cent of market value, effective dates shown.
Type of security or sale
Margin stocks
Convertible bonds
Short sales .

42



. . .

Mar. 11, 1968

June 8, 1968

May 6, 1970

Dec. 6, 1971

70
50
70

80
60
80

65
50
65

33

|

Nov. 24, 1972

Jan. 3, 1974

65
50
65

50
50
50

8. Maximum interest rates payable on time and savings deposits at Federally insured institutions
Per cent p«r annum
Rates in effect Dec. 31, 1971— June 30, 1973
Type and maturity of deposit
Savings and loan associations and mutual savings banks

Commercial banks
Savings deposits

Savings c eposits

4K

Single- maturity le ss than $100,000
and all multiple -maturity; 3

Single maturity:
Less than $100,000
30 dtiys to 1 year
1 to 2 years
2 years or more

90 d ays to 16 ye<ir 5
1 to 2 years
2 yeeirs or more 0

5

$100,000 or more:
30 to 59 days
60 to 89 days 2
90 to 179 days
2
180 days to I year
.
1 year or more 2
Multiple-maturity :3
30 to 89 days
90 days to 1 year
1 to 2 years
2 years or more .

5

Time dep osits: 1

Time deposits; 1

&
7H

.

...

4^

.

...

5H
5M

6

$100,0 )0 or more
30 tc) 59 days 2
60 tc) 89 days
90 tc) 179 days i 2
180 days to 1 y Sar
1 ye ir or more 2

(<)

...

.
4

(4)
6H
6K

..

7H

Rates and effective dates, July 1, 1973 — Dec. 31, 1976
Savings and loan associations
and mutual savings banks

Commercial banks

July 1
Savings deposits
Negotiable orders of withdrawal
(NOW) accounts

5

Nov. 1
5

Jan. 1

Nov. 27

1974

1973

1974

1973

Dec. 23

5

5

5

5

5

5

July IB

Nov. 1

Jan. 1

Nov. 27

Dec. 23

5M

5^

5K

5K

5X

5

5

5

«7a

6M
6M

Time deposits1 (singleand multiplematurity); ,3
Less than $100,000:
30 to 8*) days
90 days to 1 year.
1 to 2J<2 years 5
2 J^ to 4 years 6
4 to 6 vears 7
6 years or more 7
Governmental units (all maturities).
$100,000 or more




¥

¥
6M

} (»)

6*

!* ¥

1H

6M
7M

6M
7K

(10)

(10)

(10)

7K

(3X11)

(»)

(»)

(»)

5
5H
6
6M

6

$H
6M

5H
6K
6M

} ()

7M

6H
6M
7H

7M

(U)

(10)

(10)

(")

OX11)

(u)

(")

{?»

6M

9

6^
6M
7M

iy2
(ll)

l?fi
7M
(ii)

43

9. Federal Reserve open market transactions
Millions of dollars

1972

Type of transaction

1973

1974

1975

1972

1976
Jan.

Feb.

Mar.

U.S. Govt. securities
Outright transactions (excl. matched salepurchase transactions):
Treasury bills:
Gross purchases
Gross sales
Redemptions

,

Others within 1 year: »
Gross purchases . .
Gross sales
Exchange or maturity shift
Redemptions
1 to 5 years;
Gross purchases
Gross sales
Exchange, or maturity shift

....

8 522
6,467
2 545

15 517
4,880
3 405

125

1,396

3 198
316

1 047
1,187

11,562
5,599
6 431

14 343
8 462
2 5 017

499
?48
10

450

3 886

472

16

— 1 183
131

=-4
3,549

792

2 3 , 202
177
-2,588

187

191

11 660
5 830
4 550

2

789

579

797

23,284

-1,354

-2,028

-697

3,854

5 to 10 years:
Gross purchases
Gross sales
Exchange, or maturity shift

539

500

434

1,510

1,048

-2,094

895

1,675

-4,697

1,572

Over 10 years:
Gross purchases
Gross sales
Exchange or maturity shift

167

129

196

1,070

642

250

87

205

848

225

10,142
6 467
2 862

18,121
4 880
4,592

13,537
5 830
4,682

221,313
5,599
2
9, 980

23 319
23,319

45 780
45,780

64 229
62,801

151,205
152,132

All maturities: 1
Gross purchases
Gross sales
Redemptions
Matched sale purchase transactions;
Gross sales
Gross purchases
Repurchase agreements:
Gross purchases
Gross sales

2

19,707
8,639
5,017

2

92
•*

52

9 "5 '
348
10

196,078
196,579

31

8

47

621
1,541
410

1 ,484
298
155

1 , 940
1,415

525
!

232,891
230,355

4 722
5,945

Net change

-312

8 610

1 984

7 434

9,087

—666

Federal agency obligations
Outright transactions:
Gross purchases
Gross sales
Redemptions

1 197
146
224

865

3 087

1,616

891

173

239

322

246

169

8

1 965
2,054

11,022
10,993

23 204
22,735

15,175
15,567

10,520
10,360

IS 6
483

-9
— 145

-2
— 36

511
420

163
— 35

-545
410

-»4
— 181

272

9,227

6,149

8,539

9,833

-787




73

?3

140,311
139,538

44

11

-2 , 260

71 333
70,947

Net change in total System Account

10

959

74,755
74,795

Bankers acceptances
Outright transactions, net . . . .
Repurchase agreements net

1 304
*29H
151

i 36 i

31 103
32 , 228

Repurchase agreements:
Gross purchases
Gross sales

479
1 541
410

...

. .

i

!

1,694
1,694

2,695
2,022

—1 854

2,229

149
55
17

83

100
100

72
56

-12

19
61

-1,789

2,408

9. Federal Reserve open market transactions—Continued
Millions of dollars

1972
Type of transaction

May

Apr.

July

June

Aug.

Sept.

Nov.

Oct.

Dec.

U.S. Govt, securities
Outright transactions (excl. matched salepurchase transactions) :
Treasury bills :
Gross purchases
Gross Sfiles
Redemptions

.

974
198
133

.

Others within 1 year: *
Gross purchases
Gross sales
,
Exchange or maturity shift.
Redemptions

7
2

1 to 5 years:
Gross purchases
Gross sales
Exchange or maturity shift

335
6

318
851

Over 10 years:
Gross purchases
..
Gross sales
Exchange, or maturity shift

....

440
918
432

2
— 1 089

90
69

126

1,069

373
850

535
282
150

38

42

38

941
498

360
51

135

-360

673
109

393
635
300

35

79

—2 626

,.

7

23
166

23

20

32

15
250

All maturities: 1
Gross purchases
Gross sales
Redemptions

1 386

....

Matched sale-purchase transactions:
Gross sates
Gross purchases
Repurchase agreements:
Gross purchases
Gross sa les
Net change

..

198
135

475
291

318
851

556
918
432

1 107

373
888

652
282
150

393
635
351

941
498
135

2 435
2 435

834
834

8 300
8 300

2,143
2,143

2,245
2,245

4,142
4,142

1,326

1 736
1,736

3 171
2 459

1 132
1 844

3,594
3,594

3,547
3,547

4,863
4,765

— 251

— 533

82

— 866

220

1 294

335
96

1,280
1,280
....

.

1,094

2 626

255

5 to 10 years:
Gross purchases
Gross sales
Exchange, or maturity shift

Federal agency obligations
Outright transactions :
Gross purchases
Gross sidles
Redemptions

475
291

....

2 625
3,298

1 115

380

1 299

211

405

-593

176

174

149

48

26

127
92
39

166

7

35

22

9

14

Repurchase agreements :
Gross purchases
Gross sales

136
152

25

22
47

170
170

282
208

109
183

169
169

212
212

283
270

Bankers acceptances
Outright transactions, net
Repurchase agreements, net

1
-61

-4
65

-6
—65

-10

4
30

-4
—30

7

-6

7
36

472

1,386

22

-1,009

206

Net change in total System Account




-221

-570

-442

596

45

9. Federal Reserve open market transactions — Continued
Millions of dollars

1973

Type of transaction

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.
_-.

Sept.

U.S. Govt. securities
Outright transactions (excl, matched salepurchase transactions) :
Treasury bills:
Gross purchases
Gross sales .

...

Others within 1 year: l
Gross purchases
Gross sales
Exchange or maturity shift
Redemptions
..

1 855
530

1 558
695
200

1,377
51

25

3,476

5 to 10 years:
Gross purchases .
Gross sales . . . ,
Exchange, or maturity shift

-2,068

123

19

78

40

-78

1,274 !
218
163

1,754
695
200

1 569
260
200

1,584
5i

717
623
600

Matched sale- purchase transactions:
Gross sales
Gross purchases

1,205
1,205

4,521
4,521

1 941
1,941

2,101
2,101

1 105
1,105

Repurchase agreements:
Gross purchases . . .
Gross sales

9,719
8 928

2,774
3 034

6,024
5 478

5,664
5 978

2,116

599

1 656

1,218

Net change
Federal agency obligations
Outright transactions:
Gross purchases
Gross sales
Redemptions

..

..

....

351

836

4 712
351

2?
836

-4,812

-23

51

1,855
530

. .

480
401
S64

37

5,165
11

32

655
945
456

27

-1,316

.,.

. ...

1 640
'495
60

17

127

79

,

1 047
218
163

-3 829

61

Over 10 years:
Gross purchases
Gross sales.
Exchange or maturity shift

717
623
600

50

-1 408

..

1 to 5 years :
Gross purchases
Gross sales
Exchange, or maturity shift

All maturities : l
Gross purchases
Gross sales
Redemptions

1 569
260
200

100

1,666
495
60

1,006
945
807

1,316
401
1,400

4,630
4,630

3,405
3 , 405

9,632
9,632

6,981
6,981

7,379
8 240

5,621
5 621

11.651
C686

2,234
2,492

3 , 309
2,752

-1 367

893

2,076

-1,005

72

229

174

.

18

14

19

21

19

6

20

30

Repurchase agreements:
Gross purchases
Gross sales

539
492

182
210

359
298

733
798

1,051
1,080

1,220
1,220

1»569
1 1 563

428
272

589
684

Bankers acceptances
Outright transactions, net
Repurchase agreements net

11
23

-3
95

—1
—66

7
-36

-1
-52

-17

-12
78

-7
-41

~>9
69

2 197

644

1 636

1,106

-1 470

1,085

2,416

-915

7

Net change in total System Account

46



9. Federal Reserve open market transactions—Continued
Millions of dollars

1973

Type of transaction

1974

Dec.

Jan.

583
489
1 101

1,919
70
10

1,340
335
1,402

41

75

9

1,515

34

Nov.

Oct.

Feb.

Mar.

Apr,

May

June

U.S. Govt. securities
Outright transactions (excl. matched salepurchase transactions):
Treasury bills :
Gross purchases

2,117
153

Redemptions

..

Others within 1 year: 1
Gross purchases
Gross sales
Exchange or maturity shift
Redemptions
1 to 5 years :
Gross purchases
Gross sales
Exchange, or maturity shift

125

116

680

-34

5 to 10 > ears:
Gross purchases
Gross sales
Exchange, or maturity shift

331

35

-2,220

Over 10 years:
Gross purchases . ,
Gross sales
Exchange or maturity shift

Repurchase agreements:
Gross purchases
Gross sales

. ...

Net change
Federal agency obligations
Outright transactions:
Gross purchases
Gross sales
Redemptions.
...

Bankers acceptances
Outright transactions, net. . . .
Repurchase agreements net
Net change in total System Account.




93

...

1,237
49
407

30

77

737
100

614
954
204

112

48

2,563

109

172

-922

26

34

-2,663
56

31

78

38

16

200
25
35

25

Matched sale-purchase transactions:
Gross sales
Gross purchases

664
566
165

687

35

...

All maturities: l
Gross purchases
Gross sales . . . .
Redemptions

Repurchase agreements:
Gross purchases
Gross sales

768
391
410

100

2 117
'l53

1 116
489
1,101

2 145
70
10

1 519
335
1,402

798
391
410

854
566
165

4 735
4 735

2 089
2,089

3,435
3,435

2,590
2,590

2,393
2,393

702
702

8 ,220
7 859

6,637
7,525

9,523
10,202

4,442
4,500

4,265
4,265

6,248
5,124

2,325

-1,360

1,387

-276

-3

176

74

212

29

4

3

84

39

1 846
1,866

901
881

1,505
1,630

692
734

8
-46

—2
—34

23
—26

2,440

-1,307

1,386

-328

944
100

790
954
204

4,586
4,586

4,580
4,580

8,069
8,498

9,192
8,648

6,124
6,667

1,246

524

1,388

-911

120

170

360

201

309

46

48

48

15

72

485
485

469
284

1 196
1,163

3,364
2,940

2,055
2,427

1

4
223

g
—89

16
142

—70

72

1,780

789

2,155

-1,115

1 409
49
407

47

9. Federal Reserve open market transactions—Continued
Millions of dollars
1974

Type of transaction
Aug.

July

Sept.

19 75

Oct.

Nov.

547
1,110
1,063

1,422
273
107

Dec.

Jan.

Feb.

Mar.

Apr.

U.S. Govt. securities
Outright transactions (excl. matched salepurchase transactions):
Treasury bills:
Gross purchases
Gross sales
Redemptions

988
211

,

Others within 1 year: 1
Gross purchases*
Gross sales
....
Exchange, or maturity shift. . . . . . . .
Redemptions
1 to 5 years:
Gross purchases
Gross sales
,
Exchange, or maturity shift .
5 to 10 years:
Gross purchases
Gross sales
Exchange, or maturity shift

1 652
850

717
565
786
22

-2,867

-200

65

92

123

1,057

200

1,757

-126

78

53

27

53

9

53

36

37

I

148

85

14

-1,492
131

126

305

61

25

357
460
900

20

26

760
156
'^487

2 119
318
506

1 579

148

2,437

66
1,560

129

2620

-2,836

-66

113

450
........

274

212

164

3, 621
156
2 , 047

3 , 1 89
318
506

249

200

= 130

All maturities: 1
Gross purchases
Gross sales
Redemptions

341
945
600

-465

1,940

Over 10 years:
Gross purchases . . . .
Gross sales
Exchange, or maturity shift

973
426
6

74

485

150
2

1,113
211

1,652
850

893
565
786

547
1,110
1,063

1,765
273
238

1,254
426
6

746
945
600

673
460
900

Matched sale-purchase transactions:
Gross sales. . .
....

2,587

9,061
11,287

9,420
9,782

12,574
12,516

6,880
6,404

8,855
7,962

9,237
10,367

7,167
6,634

15,933
16 763

12,375
12,216

Repurchase agreements:
Gross purchases
...
Gross sales

4,269
4,965

2,096
2,096

3,551
3,551

4,618
4,618

6,990
6,121

11,470
11,895

9,260
1,267
8,748 ! ; 0,305

5,011
6,928

12,774
8,551

-2,381

3,028

-96 -1 684

1,647

-498

-258

332

6,428

761

238

207

331

360

35

3

16

Repurchase agreements :
Gross purchases
Gross sales

2,957
3,227

1,173
1,173

1,160
1,160

2,182
2,182

2,899
2,530

Bankers acceptances
Outright transactions, net
Repurchase agreements net

121
-207

59

40
187

-100
— 185

. . . -2,011

3,322

322 -1,970

Net change
Federal agency obligations
Outright transactions:
Gross purchases
Gross sales .
Redemptions

..

Net change in total System Account

48



844

a

376

210

14

81

2

2

4,570
4,428

1,888
2,297

1,415
1,170

873
1,219

2,086
1,205

174
218

188
201

103
-136

-12
39

"-5
-323

24
496

2,739

393

387

309

-136

7,829

9. Federal Reserve open market transactions — Continued
Millions of dollars

1975

Type of transaction

May

June

Aug.

July

19 76
Sept.

Oct.

Nov.

2 118
200

1 263
766
400

983
652
919
43

31

48

-265

28

Dec.

Jan.

Feb,

U.S. Govt. securities
Outright transactions (excl. matched salepurchase transactions) :
Treasury bills:
Gross purchases
Gross sales
Redemptions . . . .

903
354
407

Others within 1 year: 1
Gross purchases
Gross sales
Exchange or maturity shift
Redemptions
1 to 5 years:
Gross purchases . . . .
.
Gross sales
Exchange or maturity shift

. .

2 002

-155
1,989

278

650

150

562

6 635

-69i

1 299

-278

64

137

Matched sale-purchase transactions:
Gross sales
...
...
Gross purchases
Repurchase agreements:
Gross purchases
Gross sales
. ...

Federal agency obligations
Outright transactions:
Gross purchases
Gross sales
. .
Redemptions
....

Bankers acceptances
Outright transactions net
Repurchase agreements net
Net change in total System Account

-48

- 1 , 444
47

109

All maturities:!
Gross purchases
Gross» sales
Redemptions




20
691

180

...

312
282
400

50

-3,801

Over 10 years:
Gross purchases
Gross sales
Exchange or maturity shift

Repurchase agreements:
Gross purchases
Gross sales
.

1 505
800

-3,131
2

5 to 10 years:
Gross purchases
Gross sales
....
Exchange, or maturity shift

Net change

421
161
2612

298

1 984

200

267

118

— iis

-28

155

78

243

1 664

600

2 389

1,239

37

40
-1,153
2

110

100

63
968

300
244

124

71

73

59

100

300

953
354
407

2 1 379
161
2612

1 505
800

2 574
282
2,389

2 940

2,996
3,044

12,914
13,026

15,532
15,139

19,489
21 952

15,219
16 810

-2,224

366

-15

200
563

2

1 693

200

1 263
'766
400

14,234
13,730

19,931
19,835

15,886
16,113

14,442
15,207

10,559
10,058

1 1 , 407
11,503

7,551
7,957

5,977
6 146

8,146
6 881

16,664
14,857

13,699
13,838

14,342
17,275

8,464
7,247

18,135
14,919

17,753
20,943

-873

-2 866

663

4,451

186 -2,047

2,797

2,037

-982

353

394

240

297

97

6

2

40

1

2 615
3,182

1 414
1,669

692
753

335
245

1,424
1,220

844
967

845

748
628

1,132

1,011

945

685
921

55
— 375

-62
— 121

3

156

14
94

49
50

-300

—21

15
385

5
98

-109

1,222

5,155

-3,207 -1,317 -2,926

652
919

2,281

200

284

1,239

600

1

445 -2,537

2, 192
2

389

I

3,315

-70

2,567 -1,101

49

9. Federal Reserve open market transactions—Continued
Millions of dollars

19 76
Type of transaction

Mar.

Apr.

May

June

1,069

511
600

2,869
1 355
1 000

1,335
1 224

2,719

38

27

349

72

July

Aug.

Sept.

1,100

1 125

Oct.

Nov.

Dee.

U.S. Govt. securities
Outright transactions (excl. matched salepurchase transactions):
Treasury bills:
Gross purchases
Gross sales
Redemptions
Others within 1 year: »
Gross purchases
Gross sales
.,
Exchange or maturity shift
Redemptions.

. . . .

1 to 5 years:
Gross purchases
Gross sales
Exchange or maturity shift

185
107
-349

5 to 10 years:
Gross purchases
Gross sales
Exchange, or maturity shift

63

279

403

524
350
83

42

129

2 602

—449

59 -1 525

-285

249
70
-72 — 3 JOS

449

51

1 413

875

617
-59

195
418

Over 10 years:
Gross purchases
Gross sales
Exchange, or maturity shift

24

38

301

580

-79

285

72

272

96

65

279

170

95

73

Kit603
1KS 821

17,612
20,173

30,872
27,119

3,357

2,397

-588

-4,179

5,361

27

22

16,389
16,180

Repurchase agreements:
Gross purchases
Gross sales

16,000
14,783

17,456
15 963

20,355
21 203

14,409
13 643

12,947
14 657

763

2 061

-1 202

3 834 -3 773

3 709

119

-sio

24,108
23,477

10,522
10 468

50

62
-1,167

26,641
24 655

20,973
21 205




_7

23,193
24 , 343

12,417
12 355

Net change in total System Account

681

430

22,675
21,525

15,138
14 899

Bankers acceptances
Outright transactions net
Repurchase agreements net

113
-66

23,289
24 501

12,697
12,082

Repurchase agreements:
Gross purchases
Gross sales

59
7

18

19,828
19,563

Matched sale-purchase transactions :
Gross sales
Gross purchases

Net change.

1 047

2,004
1,546

524
350

1,413

403

Federal agency obligations
Outright transactions:
Gross purchases
Gross sales
Redemptions . . . .

66

975
1 546

612
480
600

1 335
1,224

,

346
480
600

200

3 233
1,425
1 000

..

200

250

618
600

1 380

618

1,354

85

All maturities: ]
Gross purchases
Gross sales. .
Redemptions

171

1,579

875

2,202

171

618

115

240
20

22

14

63

897
976

1,380
1,102

946
728

796
950

945
923

699
576

495
726

769
674

1,071

889

705
949

— 138

—50
162

—51
-69

—78
229

—31

—55
85

__9

-339

—68
220

_9

-31

-492

— 140

8
795

812

2,019

-1,080

4,086

-4,375

3,577

2,587

-1,332

-4,307

6,379

10. Federal Reserve Banks

A. Maturity distribution of loans and securities held
Millions of dollars, end of period
19 72

Type and maturity grouping

Jan.
Loans
.
Within 15 days
16 days to 90 days
9 1 days to 1 year

,.

.......

Acceptances
Within 15 diys
16 days to 90 days
91 days to 1 year
U.S. Government securities.
...
Within 15 days 1
16 days to 90 days
91 days to 1 year
Over 1 year to 5 years
,
Over 5 years to 10 years
Over 10 years
Federal agency obligations
...
Within 15 days l
16 days to 9(1 days
91 days to 1 year
Over 1 year to 5 years . . . .
Over 5 years to 10 years
Over 10 years

..

...

Mar.

Feb.

Apr.

May

Acceptances
Within 15 days
16 days to 90 days
91 days to 1 yt*ar

....

....

...

U.S. Government securities.
. ..
Within 15 days 1
16 days to 90 days
.,
91 days to 1 year
Over 5 years to 10 years
Over 10 years
Federal agency obligations
Within 15 days l
16 days to 90 days
Over 1 year to 5 years
Over 5 years to 10 years. ...
Over 10 years „
...




...

.....

Sept,

Oct.

6
5
1

255
254

58
58

1,592
1,590
2

131
127
4

83
81
2

1,0911
1 090
1

239
232
7

481
475
6

75
19
56

63
20
43

143
70
73

83
23
60

143
90
53

73
16
57

63
17
46

96
48
48

62
17
45

70
23
47

69 , 552
3,103
16,049
16 107
25,286
7,855
1,152

67 , 698
2,320
17,134
15,119
26,318
5,647
1,160

69,928
3,296
18,119
15,218
26,410
5,678
1,207

70 , 307
3,471
18,362
14,775
26,665
5,804
1,230

71 , 607
5,059
15,894
19,581
24 , 039
5,804
1,230

71,356
2 734
17,292
20,060
24,108
5,913
1,249

70,822
4 209
15,726
19 617
24,108
5,913
1,249

70 , 740
3 212
t4,497
20 556
24,859
6,102
1,514

69 , 874
3 705
15 805
17 889
24,859
6,102
1,514

70,094
2 919
16 094
18 532
24,895
6,108
1,546

650
7
25
181
288
91
58

727

826
16
55
158
397
116
84

979

1,004
60
78
221
409
132
104

1,106
20
123
162
480
197
124

1,079
38
99
146
475
197
124

1,150
109
30
117
519
227
148

1,041
20
24
127
525
197
148

1,020
9
14
128
540
181
148

6
186
366
99
70

74
217
450
134
104

19 73

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

501
498
3

1,982
1,980
2

1,310
1,307
3

1,565
1,559
6

2,049
2,018
31

1,709
1,688
21

1,225
1,182
43

1,771
1,689
82

2,224
2,160
64

2,847
2,749
98

63
15
48

106
53
53

141
80
61

233
175
58

165
102
63

136
65
71

83
33
50

66
18
48

132
94
38

84
47
37

69 , 501
2,332
17,477
17,554
24,484
6,108
1,546

69 , 906
3,838
17,833
16,097
24,484
6,108
1,546

72,022
7,277
15,674
16,933
24,484
6,108
1,546

72,620
4,609
20,753
13,540
28,021
4,119
1,578

74,276
5,013
22,524
13,021
28,021
4,119
1,578

75,495
9,186
18,170
14,264
28,148
4,138
1,589

74,128
2,885
17,998
15,541
26,832
9,243
1,629

75,022
3,832
19,662
13,612
26,956
9,358
1,602

77,098
4,874
19,291
14,991
26,982
9,358
1,602

76,093
3,982
19,995
18,88(
22,17(
9,35
1,70

1,177
14
17
124
622
238
162

1,324
13
32
207
612
269
191

1,372
61
55
199
597
269
191

1,327
47
40
191
611
247
191

1,374
102
52
214
568
247
191

1,290
34
42
231
545
247
191

1,240
20
26
219
537
247
191

1,449

1,723
108
52
373
630
308
252

1,86
29

Nov.

. . . .

Aug.

15
14
1

19 72

Within 15 days
16 days to 90 days
91 days to 1 year

July

June

56
332
561
284
216

37
62
30
25

51

10. Federal Reserve Banks—Continued

A. Maturity distribution of loans and securities held—Continued
Millions of dollars, end of period
19 74

19 73

Type and maturity grouping
Sept.
Loans
Within 15 days
16 days to 90 days

. .
...

Acceptances
Within 15 days
16 days to 90 days
91 days to 1 year
U.S. Government securities
Within 15 days *
16 days to 90 days
91 days to 1 year
Over 1 year to 5 years
Over 5 years to 10 years
Over 10 years

. .

Within 15 days 1..
16 days to 90 days
91 days to 1 year .
...
Over 1 year to 5 years
Over 5 years to 10 years . .
Over 10 years

1,559
1,478
SI

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

1,914
2,198
1,849
2,147
65
51
. ..
....

1,257
1,250
7

959
940
19

721
712
9

1,821
1,799
22

1,747
1,709
38

3,298
3,210
88

3,209
3,15?
52

145
9
136

107
71
36

71
31
40

68
19
49

68
28
40

69
29
40

296
253
43

216
150
63
3

373
295
78

304
225
79

76,165
4 524
19,845
18,565
22,171
9,358
1,702

78,491
7,389
18,588
19,306
22,148
9,358
1,702

77,129
4,018
20,689
20,238
22,953
7,469
1,762

78,516
4,495
20,352
21,369
23,035
7,503
1,762

78,240
4,869
18,668
22,233
23,128
7,580
1,762

78,237
4,166
18,958
23,301
22,235
7,780
1,797

79,483
5,298
18,951
23,232
22,344
7,836
1,822

80,007
5,327
19,917
22,589
22,516
7,836
1,822

81,395
5,397
25,065
21,227
19,879
7,867
1,960

80,484
4,802
25 , 1 50
20,697
19,914
7,945
1,976

1,735
168
92
302
615
347
211

1,887
148
126
290
671
425
227

1,978
252
85
280
665
469
227

1,980
60
115
282
787
497
239

1,927
39
104
234
819
492
239

2,001
48
63
248
846
557
239

2,308
185
135
275
821
608
284

2,654
218
119
260
978
723
356*

3,263
714
46
312
1,074
746
371

3,128
27S
57
397
1,274
754
371

Mar.

Apr,

19 75

19 74

Loans
Within 15 days
16 days to 90 days
91 days to 1 year
Acceptances
Within 15 days
16 days to 90 days
91 days to 1 year. .
U.S. Government securities
Within 15 days 1 . .
16 days to 90 days
9 1 days to 1 year
Over 1 year to 5 years
Over 5 years to 10 years
Over 10 years .
Federal agency obligations
Within 15 days 1
1 6 days to 90 days . .
91 days to 1 year.
Over 1 year to 5 years
Over 5 years to 10 years
Over 10 years

52



Sept.

Oct.

3,588
3,476
112

4,321
4,226
95

2,920
2,814
106

1,120
1,059
61

. 1,227
1,202
25

301
275
26

101
91

to

77
74
3

59
58

1,538
1,536
2

218
31
187

277
20
184
73

504
202
253
49

218
57
141
20

611
262
291
58

999
489
436
74

966
457
397
112

993
470
425
98

665
111
139
415

1,185
594
366
225

78 , 103
9,127
17 770
, , . , , . . . . , 21,273
19,967
7,954
2,012

81,131
3,058
20,926
24,348
21,024
9,893
1,882

81,035
3,340
21,747
22 , 794
21,289
9,946
1,919

79,351
5,408
18,255
22,534
21,289
9,946
1,919

80,998
3,264
23,045
19,848
23,138
9,559
2,144

80,501
4,464
20 , 740
20,401
23,120
9,612
2,164

81,344
6,324
18,535
21,182
23,440
9,673
2,190

81,086
4,649
22,196
21,059
20,733
10,035
2,414

81,418
3 771
22 146
21,102
21 288
10,485
2,626

87,846
11,679
17 837
21,009
21,772
10,759
2 , 790

3,585
3
85
449
1,719
865
464

3,820
31
99
513
1,848
865
464

4,011
25
155
577
1,894
872
488

4,011
8
144
598
1,937
836
488

5,213
4,790
535
153
266
260
573
580
2,340
2,313
991 |
990
501
501

5,330
514
122
608
2,541
1,025
520

5,190
6
189
643
2 580
1,211
561

6,071
926
192
616
2,567
1,209
561

....
...

.,.

Jan.

Aug.

, , . .
,
...

Dec.

July

Nov.

4,711
450
98
640 i
2,133
891
499

Feb.

10. Federal Reserve Banks—Continued

A. Maturity distribution of loans and securities held—Continued
Millions of dollars, end of period

1975

Type and maturity grouping
May

June

July

Aug.

1976
Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Loans
Within IS days
16 days to 90 days
91 days to 1 year

23
20
3

560
552
8

178
162
16

231
196
35

283
251
32

73
46
27

46
43
3

229
228
1

64
48
16

51
51

Acceptances
Within 15 days
16 days to 90 days
91 days to 1 year

865
229
394
242

682
93
383
206

685
99
403
183

840
268
381
191

948
353
288
307

1,047
421
294
332

727
70
334
323

1,1126
470
409
247

1,230
558
467
205

1,051
505
399
147

85,622
5,087
21,911
20,117
28,463
6,957
3,087

84,749
3,891
21,187
20,972
28,366
7,137
3,196

81,883
5,294
15,760
22,130
28,366
7,137
3,196

82,546
3,826
16,758
22,805
29,858
5,756
3,543

86,998
5,608
19,533
22,198
30,099
5,893
3,667

87,184
6,148
18,235
23,190
30,051
5,893
3,667

85,137
2,430
21 ,460
20,596
30,292
6,348
4,011

87,934
6,205
19,245
21,703
30,273
6,426
4,082

89,971
7,552
20,302
21,053
30,383
6,526
4,155

88,990
4,675
18,489
23,000
30,855
7,557
4,414

5,407
390
189
529
2,529
1,209
561

5,146
109
282
495
2,552
1,147
561

5,083
27
276
531
2,544
1,187
518

5,486
230
113
579
2,700
1,311
553

6,082
303
201
613
3,073
1,310
582

6,242
207
216
657
3,282
1,284
596

6,072
107
108
745
3,222
1,294
596

6,190
134
184
873
3,149
1,254
596

6,617
324
183
870
3,302
1,300
638

6,677
162
146
938
3,419
1,364
648

Aug.

Sept.

Oct.

Nov.

Dec.

\J.S Government securities
Within 15 days 1
16 days tc» 90 days
91 days tc> 1 year
Over 1 ye; r to 5 years
Over 5 ye; rs to 10 years
Over 10 yi ars

, .
,

Federal agency obligations
Within 15 days l
16 days to 90 days
91 days to r1 year
Over 1 yea to 5 years
Over 5 yea 'S to 10 years
Over 10 yc-irs

. ...
. ...

1976
Mar.
Loans .
.
Within 1 5 days
16 days to 90 days
Acceptances
Within 15 days
16 days to 90 days
91 days to 1 year

Federal agency obligations
Within 15 d:iys »
16 days to 9') days
91 days to 1 year. . . , .
Over 1 year 'o 5 years
Over 5 yean* to 10 years
Over 10 yea* s




June

July

30
27
3

397
390
7

316
311
5

46
38
8

64
46
18

323
299
24

45
31
14

39
33
6

26
17
9

883
434
293
156

995
556
226
213

875
515
183
111

1,027
699
200
128

656
386
206
64

808
585
174
49

838
691
105
42

337
170
99
68

188
27
99
62

991
818
112
61

89,753
7,365
16,662
23,205
30,463
. , 7,620
4,438

91,814
7,515
17,358
24,224
30,570
7,671
4,476

90,612
5,218
19,637
25,612
27,496
8,088
4,561

94,446
7,569
18,650
26,756
28,531
8,283
4,657

90,673
4,405
19,837
24,960
28,531
8,283
4,657

94,030
5,643
18,713
26,300
28,694
9,709
4,971

96,427
6,688
17,269
27,864
29,559
9,981
5,066

95,839
5,831
18,395
27,007
29,559
9,981
5,066

91,660
2,322
19,683
25,914
30,036
8,876
4,829

97,021
7,207
19,221
25,889
30,710
9,045
4,949

6,894
328
278
930
3,306
1,404
648

6,739
174
273
962
3,255
1,422
653

6,981
326
199
903
3,356
1,504
693

7,082
303
307
914
3,374
1,491
693

6,851
88
309
919
3,374
1,468
693

6,919
275
208
996
3,245
1,502
693

7,080
355
383
967
3,267
1,415
693

6,836
100
374
1,021
3,234
1,406
701

6,857
206
167
995
3,370
1,381
738

7,072
319
309
964
3,355
1,388
737

.

.

May

54
44
10

. ..

U.S. Government securities
Within 15 days l
1 6 days to 90 days
91 days to J year
Over 1 year to 5 years
Over 5 years to 10 years
Over 10 yea -s

Apr.

...

53

10. Federal Reserve Banks—Continued

B. Condition and F.R. note statements
Millions of dollars, end of period

1972

Account

1973

1974

1976
i
j Mar.

1975
Jan.

Feb.

Apr,

Consolidated condition statement
ASSETS
Gold certificate account
Special Drawing Rights certificate account
Cash . . , ,
,
Loans :
Member bank borrowings
Other
Acceptances :
Bought outright
Held under repurchase agreement
Federal agency obligations:
Bought outright . .
Held under repurchase agreement.
U.S. Govt. securities:
Bought outright:
Bills
Certificates^ Special
Other .
Notes
Bonds.
Total bought outright

1

i

I

. , .

10,303
400
313

11,460
400
271

1,981

1,258

70
36

68

1,311
13

1,937
42

29,664

36,897

36,681
3,463
69 , 808
98

11,652
400 i
240
i|
299 i
579
420

4,702
511 i
1

11,599
500
347

11,599
500 j
405

211

66 i

52

741
385

747 i
483

677 I
374 i

6,072
118

6,312
305

36,765

37,207

38,412
3,149

40,009
3,284

43,989
5,521

35,707 i
,i
44,236
5,595 !

78,458
58

80,058
443

86,717
1,217

85,538
4,433

1 1 , 599
500
409 ]

6,607

11,599
500
367

11,599
500
342

54

31

540
343 i

6,607

490
505

287

6,607
132

37,388

36,731

37,004

44,505
5,854

44,684
5,878

44,941
5,916

87,747 i
1,243

87,293
2,460

87,861
3,953

i "

,

Total U.S. Govt securities

69,906

78,516

80,501

87,934

89,971

88,990

89,753

91,814

Total loans and securities

73,317

81,821

87,012

95,461

97,884

96,770

97,584

99,579

9,172
194

7,954
223

8 , 329
263

9,183
319
13

5,868
325
13

6,103
329
16

6,939
333
18

6,375
337
18

192
874

4
925

2
2,930

80
2,900

333
3,005

296
2,421

571
2,785

932
2,993

94,765

103,058

110,828

120,402

119,932

118,443

120,696

122,675

F. R. notes
Deposits:
Member bank reserves
U.S. Treasury— General account
Foreign. . ,
Others

58,757

64,262

70,916

77,159

73,899

74,421

75,982

76,898

25,647
1,855
325
840

27,060
2,542
251
1,419

25,843
3,113
418
1,275

26,052
7,285
353
1,090

27,306
10,075
294
651

24,585
10,366
412
809

28,150
7,144
305
796

27,14©
9,806
305
762

Total deposits

28,667

31,272

30,649

34,780

38,326

36,172

36,395

38,013

5,198
557

4,855
981

6,328
1,141

5,495
1,110

93,179" 101,370

109,034

118,544

Cash items in process of collection
Bank premises , .
.
. . . .
Operating equipment
Other assets:
Denominated in foreign currencies
All other
Total assets
LIABILITIES

Deferred availability cash items
Other liabilities and accrued dividends
Total liabilities

4,248
1,098 i

4,454
1,067
116,114

117,571

4,829 1
1,099
118,305

4, SOB
1,091
120,310

CAPITAL ACCOUNTS
Capital paid in
Surplus
Other capital accounts
Total liabilities and capital accounts
Memoranda :
Contingent liability on acceptances purchased for
foreign correspondents
Marketable U.S. Govt. securities held in custody for
foreign and international account

793
793

844
844

897
897

94,765

103,058

110,828

179

581

981

30,858

26,365

32,836

929
929 i

120,402

935 1
928
498

119,932

940
929
460

945 !
929
517

947
,929
489

118,443

120,696

122,675

43,650

43,737

45,603

|
41,871

43,124

Federal Reserve note statement
F

F. R. notes outstanding (issued to Bank). . .
Collateral held against notes outstanding:
Gold certificate account
Special Drawing Rights certificate account
Acceptances
,
U.S. Govt, securities
Total collateral

54



. . . .
, . .,

62,492

68,161

75,116

81,877

81,228

80,820

81,420

82,456

2,561

2,555

3,055
93
550
72,555

11,596
302

11,596
302

11,597
302

11,597
302

11,546
302
72,680

61,015
63,576

66,335
68,890

76,253

;'l

71,510

71,710

71,710

72,095

83,408

83,608

83,609

83,994 ^84^528

10.—Continued

1976
Account
May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Consolidated condition statement
ASSETS
11,598
500
357

11,598
700
339

11,598
700
361

11,598
700
365

11,598
800
370

11,598
1,200
381

11,598
1,200
362

11,598
1,200
364

397

314

48

64

322

44

40

25

439
436

361
666

330
326

262
546

207
631

197
140

188

196
795

6,827
154

6,805
277

6,805
46

6,778
141

6,757
323

6,757
79

6,857

6,794
278

36,650

38,729

36,665

37,556

38,245

39,875

37,992

38,571

44,856
6,001

45 , 749
6,097

45 , 749
6,097

45,915
6,411

46,897
6,506

46,897
6,506

47,089
6,579

47,972
6,725

87,507
3,105

90,575
3,871

88,511
2,162

89,882
4,148

91,648
4,779

93,278
2,561

91,660

93,268
3,753

90,612

94,446

90,673

94,030

96,427

95,839

91,660

97,021

98,865

102,869

98,228

101,821

104,667

103,056

98,745

105,109

5,221
343
18

9,044
346
18

6,172
347
18

7,576
350
22

7,768
354
26

6,731
358
26

8,785
364
28

7,835
363
25

938
2,589

1,165
2,704

664
2,917

645
2,648

738
2,682

401
2,985

546
2,423

170
2,620

120,429

128,783

121,005

125,725

129,003

126,736

124,051

129,284

77,999

79 t 124

79,161

79,624

79,674

80,389

83,055

83,727

26,457
6,745
303
679

27,4(iO
11,972
349
847

24,371
8,739
295
953

24,782
10,795
254
962

26,220
13,296
393
1,024

26,461
10,238
362
953

23,239
6,766
305
1,022

25,158
10,393
352
1,357

F. R. notes
Deposits :
Member bank reserves
U.S. Treasury — General account
Foreign
Other 2

34,184

40,628

34,358

36,793

40,933

38,014

31,332

37,260

Total deposits

4,746
1,117

5,467
1,159

3,961
1,103

' 5,592
1,276

4,771
1,205

4,718
1,165

6,150
1,065

5,234
1,097

118,046

126,378

118,583

123,285

126,583

124,286

121,602

127,318

953
929
501

959
929
517

959
929
534

965
929
546

965
929
526

974
929
547

974
929
546

983
983

120,429

128,783

121,005

125,725

129,003

126,736

124,051

129,284

Gold certificate account
Special Drawing Rights certificate account
Cash
Loans :
Member bank borrowings
Other
Acceptances :
Bought outright
Held under repurchase agreement
Federal agency obligations:
Bought outright
Held under repurchase agreement
U.S. Govt. securities:
Bought outright:
Bills
Certificates — Special
Other
Notes
Bonds
Total bought outright l
Held under repurchase agreement
Total U.S. Govt. securities
Total loans and securities
Cash items in process of collection
Bank premises
Operating equipment
Other assets
Denominated in foreign currencies
All other
Total assets
LIABILITIES

Deferred availability cash items
Other liabilities and accrued dividends
Total liabilities
CAPITAL ACCOUNTS

45,867

45,187

46,648

48,294

49,609

47,497

48,000

50,269

Capital paid in
Surplus
Other capital accounts
Total liabilities and capital accounts
Memoranda :
Contingent liability on acceptances purchased for
foreign correspondents
Marketable U.S. Govt. securities held in custody for
foreign and international account

Federal Reserve note statement
83,093

83,987

85,165

85,209

85,526

85,907

87,650

89,303

11,596
302

11,596
365

11,596
394

11,597
394

11,595
421

11,595
619

11,596
643

11,596
643

73,035

73,710

74,630

74,930

75,230

75 , 680

76,850

78,100

84,933

85,671

86,620

86,921

87,246

87,894

89,089

90,339




F. R. notes outstanding (issued to Bank)
Collateral held against notes outstanding:
Gold certificate account
Special Drawing Rights certificate account
Acceptances
U.S. Govt. securities
Total collateral

55

11. Bank debits, demand deposits other than interbank and U.S. Government, and deposit turnover
A. Seasonally adjusted
Debits and deposits in billions of dollars, turnover in per cent
Leading SMSA's

Total 233 SMSA's
New York

Period
Debits
(annual
rate)

Deposits
(end-ofperiod)

Turnover
(annual
rate)

Debits
(annual
rate)
•I

Total 232 SMSA's
(excluding New York)

6 others l

'

Deposits Turnover
(end-ofperiod) (annual
rate)

Debits
(annual
rate)

Deposits
(end-ofperiod)

Turnover
(annual
rate)

Debits
(annual
rate)

Deposits
(end-ofperiod)

226 other SMSA's

Turnover
(annual
rate)

Debits
(annual
rate)

Deposits
(end-ofperiod)

Turnover
(annual
rate)

1970— peCt

10,849.7

139.0

76.9

4,933.9 !

27.8

169.3

2,486.7

31.8

77.6

5,915.7

111.2

52.9

3,429.0

79.4

43.0

1971—Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec

10,824.6
11,578.8
11,589.9
11,572.2
11,315.3
11,732.0
11,703.5
12,093.4
12,201,8
12,221.0
12,915.3
12,382.5

141.0
143.3
145.4
144.7
146.0
145.8
146.9
149.4
147.5
148.6
150.5
145.4

77.3
81.5
80.3
79.8
77.9
80.4
80.0
81.6
82.2
82,6
86,4
83.7

4,973.0
5,520.5
5,348.7
5,315,4
5,033.8
5,244.0
5,210.2
5,408.9
5,570.3
5,755.8
5,918.9
5,523.3

29.0
29.3
29.3
29.0
28.7
28.3
28.3
29.0
29.5
28.2
29.9
26.4

175.1
189.1
182.5
182.4
174.3
184.0
184.4
189.0
190.6
199.6
203.7
196.1

2,463.2
2,540.9
2,588.2
2,592.2
2,606.3
2,691.0
2,681.0
2,783.7
2,757.5
2,683.2
2,945.2
2,859.8

32.0
32.4
33.5
32.7
33.1
33.1
33.6
33.6
33.4
33,6
34.0
33.2

77.2
78.9
78.6
78.4
79.2
81.3
80.4
82.9
82.3
80.0
87.2
85.2

5,851.5
6,058.3
6,241.1
6,256.8
6,281.6
6,488.0
6,493.2
6,684.5
6,631.5
6,465.2
6,996.4
6,859.1

111.9
113.9
116.1
115.6
117.3
117.5
118.6
120.4
118.0
120.3
120.6
118.9

52.5
53.7
54.3
54,0
53.9
55,3
55,0
55,9
55,6
54.3
58.1
57.3

3,388.3
3,517.4
3,653.0
3,664,6
3,675.2
3,797.0
3,812.2
3,900.8
3 t 874.0
3,782.1
4,051.2
3,999.4

79.9
81.6
82.6
82.9
84.2
84.4
85.0
86.8
84.6
86.7
86.7
85.8

42.6
43.6
44.5
44.3
44.0
45.0
45.0
45.4
45.2
44.2
46.7
46.4

1972—Jan
Feb.
Mar
Apr.
May
June . . . .
July
Aug.. . . . .
Scot
Oct
Nov.
Dec

12,530.5
13,026.8
12,785.2
13,168.7
13,399.3
13,280.6
12,994.0
13,969.4
14,022.7
13,896.7
15,154.7
14,783.7

153.0
154.7
152.6
154.7
158.4
154.8
160.7
158.3
157.7
162.9
161.2
164.8

84.0
84.7
83.2
85.7
85.6
84.8
82.4
87.6
88.7
86,7
93,5
90.7

5,687.0
6,013.9
5,631.4
5,801.4
5,939.2
5,780.8
5,633.0
6,151.8
6,285.1
6,148.6
6,979.3
6,604.8

i

29.0
205.3
29.7
205.1
195.2
28.0
29.3
202.2
29.8
200.8
28.0
200.0
194.4
29.9
206.9
29.5
29.0 ,r 214.9
208.3
30.1
229.2
30.8
30.4
215.7

2,803.1
2,913.1
2,932.9
3,053.1
3,148.8
3,096.4
2,996.3
3,233.0
3,191.0
3,225.8
3,411.9
3,495.4

35.2
35.3
35.2
34.8
35.4
34.9
36.2
35.5
35.6
36.7 i
35.9
37.2

82.0
82.6
83.3
87.3
89.8
88.1
84,2
90.2
89.8
89.2
93.9
95.6

6,843.5
7,012.9
7,153.8
7,367.3
7,460.1
7,499.7
7,361.0
7,817.6
7,737.6
7,748.1
8,175.3
8,178.9

124.0
125.0
124.5
125.3
128.6
126.7
130.8
128.8
128.7
132.8
130.4
134.4

56.3
56.3
57.3
59.0
58.8
58.8
57.2
60.2
60.1
59.2
62.1
61.8

4,040.4
4,099.8
4,220.9
4,314.2
4,311.2
4,403.4
4,364.7
4,584.6
4,546.5
4,522.3
4,763.5
4,683.5

88.8
89.7
89.3
90.6
93.2
91.8
94.5
93.3
93.1
96.1
94.5
97.2

46.3
45.9
47.1
48.0
46.9
47.6
46.9
48.8
48.8
47.8
50.0
48.9

1973—=Jan.
Feb
Mar
Apr
May
June . . . . .
July
Aag
Sept
Oct
Nov
Dec.

15,450.8
16,074.6
15,959.2
15,971.2
16,452.0
16,638.8
17,224.5
17,888.9
17,918.7
18,394.4
19,049.5
18,641.3

164.4
163.9
164.8
168.9
167.6
165,4
170.4
166.6
167.0
169.0
167.6
170,8

93.9
97.9
97.1
95.7
97.8
100.0
102.6
106.2
107.4
109.5
113.2
110.2

6,855.4
7,227.0
6,844.8
6,927.5
7,177.0
7,224,6
7,381.4
7,744.6
8,025.3
8,137.2
8,437.9
8,097.7

i

30.8
29.9
30.0
30.5
30.6
28.4
31.2
30.1
30.1
31.2
30.2
29.8

224.0
238.0
228.3
228.9
235.1
245.1
247.5
252.5
266.4
265.3
274.9
269.8

3,638.1
3,809.9
3,873.4
3,857.5
3,918.3
4,050.2
4,282.4
4,318.2
4,195.7
4,418.0
4,519.8
4,462.8

37.0
36.8
37.4
38.3
37.2
38.1
38.6
37.4
37.8
38.1
38.1
39.5

98.1
103.3
104.5
101.9
103.7
107.6
111.7
113.6
111.6
116.4
118.6
115.0

8,595.4
8,847.5
9,114.4
9,043.8
9,275.1
9,414.3
9,843.1
10,144.3
9,893.3
10,257.2
10,611.6
10,543.6

133.6
134.0
134.8
138.4
137.0
137.0
139.2
136.5
136.8
137.8
137.4
140.9

64.2
66.1
67.8
66.2
67.4
68,7
71.3
73.6
72.4
74.7
77.1
75.8

4,957.3
5,037,6
5,241.0
5,186.2
5,356.7
5,364.1
5,560.8
5,826.0
5,697.6
5,839.1
6,091.7
6,080.8

96.6
97.3
97.4
100.0
99.8
98.9
100.6
99.1
99.1
99.7
99.3
101.4

51.2
52.0
53.9
52.5
53.6
54.0
55.8
58.4
57.5
58.8
61.2
60.6

1974- -Jan
Feb
Mar
Apr.
May.....
June
July
Aug.,
Sept
Oct
Nov
Dee

18,843.0
19,806.6
20,165.1
20,062.3
20,564.7
20,457.3
20,899.6
21,481.7
22,017.5
22348.8
22,918.7
22,192.4

166.8
169.1
172.0
175.8
175.5
174.6
174.4
173.3
178.1
173,9
174,0
172. S

111.6
117.9
118.3
115.4
117.1
116.9
119. S
123.4
125.1
127.0
131.8
128. 0

8,081.0 I
8,896.2 I
8,914.4
8,637.9
8,970.1
9,065.7
9,140.4
9,240.8
9,970.8
10,271.1
10,538.9
9.931 8

29.9
30.5
30.4
32.5
32.7
32.1
32.7
31.8
32.4
32.5
32.5
31.0

270.3
294.2
292.5
274,6
275.3
279.9
282.1
286.4
310.5
316.8
324.6
312.8

4,517.1
4,582.1
4,718.0
4,747.6
4,820.8
4,768.0
4,892.1
5,173.0
5,092.1
5,084.7
5.160.2
5.152.7

38.2
38.2
40.0
39.4
39.5
40.0
39.2
39.1
40.8
39.1
39.3
38.8

116.2
120.0
120.8
119.7
122.3
120.0
123.5
132,1
127.5
127.3
131.5
131.8

10,762.0
10,910.4
11,250.7
11,424.3
11,594.6
11,391.6
11,759.2
12,241.0
12,046.7
12,077.6
12,379.8
12.260.6

136.9
138.5
141.6
143.2
142.9
142.5
141.7
141.9
145.7
141.4
141.5
141 7

77.5
79.2
80.3
80.2
81.1
79.9
82.8
86.3
83.8
84.1
87. 5
86.6

6,244.9
6,328.3
6,532.8
6,676.7
6,773.8
6,623.6
6,867.1
7,068.0
6,954.7
6,993.0
7,219.6
7.107.9

98.7
100.4
101.6
103.9
103.4
102.5
102.5
102.8
105.0
102.3
102.2
102.9

62.4
63.6
64.7
65.0
65.4
64.4
67.0
68.9
66.9
67.5
70.6
69.3




i
3

*
'
\
i
\
!

"

!
!
f,'

I
'
,.

1975— Jan
Feb
Mar
Apr
May
June
July.
AuE

Sept
Oct.
Nov
Dec.
1976— Jan.




Feb
Mar

Apr
May
June
July
Aug
Sept
Oct
Nov
Dec

21,853.9
22,950.1
22,180.1
22,705.7
22,738.6
22,503.5
22,827.9
23 269.4
23,181.9
24,137.!
24 067.7
23 565.1

171.1
173.9
181.5
174.6
178.1
183.8
177.9
178 9
181.1
179.1
180 0
179.8

127.1
133.1
124.8
127.5
128.9
124.4
126.2
130 4
128.8
134.0
134 0
131 0

10,157.8
10,918.0
10,241.1
10,810.3
10,826.1
10,612.2
10,709.5
10 628 8
10.585.0
11,801.5
11 529 9
10,970.9

32.1
31.5
32.4
33.0
31.8
32.8
31.9
31 5
32.5
32.3
31 6
30 8

321,8
343.2
320.4
330.3
333.9
328.6
331 0
335 0
"^0.7
364.1
360 8
351 8

4,868.4
4,992.8
4,899.9
4,770.6
4,852.6
4,756.7
4,841.1
5 125 1
5,153.0
4,921.3
4 937 3
4 932.5

38.8
40.3
43.5
40.0
40.8
42.5
41 2
41 2
42.0
40.9
41 8
41 5

125.4
126.2
117.0
114.3
120.1
114.2
115 7
124 4
123.8
118.7
1 19 5
118 4

11,696.0
12,032.1
11,939.0
11,895.4
11,912.5
11,891.3
12 118 3
12 '640 *>
12,596.9
12,335.6
12 537 8
12*594 2

138.9
142.4
149.1
141.6
146.3
151.0
146 0
147 4
148.6
146.8
148 5
149 0

83,3
85,5
81.9
81.8
82.8
80.0
81 6
S6*2
85,1
83.5
84 9
84 7

6,827.7
7,039.3
7,039.0
7,124.9
7,059.9
7,134.6
7 277 2
7 515 4
7,443.8
7,414.3
7 600 5
7 661 8

100 a

102,1
105.6
101.5
105.5
108.5
104 8
106 1
106.6
105.9
106 7
107 5

67.3
69.6
67.8
68.8
68.2
66,7
68 2
71 2
70.0
69.8
71 5
71 6

23,845.0
25 529 1
26 474.4
25,792.8
25,490,9
26,625.6
27,102.3
27,867.4
27,241.6
27,396.0
28 049 0
28,911.0

180.5
181 9
184 4
183.2
182.7
184.6
187.1
188.0
185.6
188.5
192.2
184.5

132 4
140 9
144 6
140.3
139.3
145.0
145.8
148.6
145.8
146.4
147 3
153.5

11,517 7
12 212 0
12*629 6
12,482.8
12,179.0
12,844.3
13 354 2
13,221.1
12,727.9
13,522.0
13 495 5
13,835.0

32 1
32 9
34 0
32.6
31.4
32.6
33 3
32.7
32.0
33.0
35 3
30.6

366 0
375 4
377 5
374.9
380 2
400.8
405 0
400.6
393.7
416.2
395 1
419.8

4 789.0
5 324 6
5 560 9
5,302.4
5 327.1
5,561.2
5 497 7
5,935.8 I
5,857.3
5,447.9
5 693 2
5,917.1

41 5
41 7
42 9
42.2
41 8
42.5
43 0
42.9
43.2
42.9
43 5
42.9

115 4
128 1
131 4
124.6
126 9
131.9
128 6
138.2
136.1
126.6
131 7
136.9

12 327 3
13*317 1
13 844 8
13,310.0
13 311 9
13,781.3
13 748 1
14,646.3
14,513.7
13,874.0
14 553 5
15,076.1

148 3
149 0
150 4
150.6
151 2
151.9
153 8
155.3
153.7
155.5
156 9
153.8

82 9
89 6
92 5
88.4
88 2
90.9
89 9
94.8
93.9
89.8
93 2
97.0

7 538 3
7 992 5
8 283 9
8,007.7
7 984.7
8,220.1
8 250 4
8,710.5
8,656.4
8,426.1
8 860 4
9,159.0

106 9
107 3
107 5
108.4
109.4
109.4
110 8
112.4
110.5
112.6
113 4
110.9

70 3
74 6
77 2
74.2
73.3
75.1
74.9
78.1
77.7
75.5
78 4
81.7

11. Bank debits, demand deposits other than interbank and U.S. Government, and deposit turnover—Continued
B. Not seasonally adjusted
Debits and deposits in millions of dollars, turnover in per cent
Leading SMSA's

Total 233 SMSA's
Period
Debits
(total for
period)

Deposits
(end-ofperiod)

Turnover
(annual
rate)

Debits
(total for
period)

Total 232 SMSA's
(excluding New York)

6 others1

New York

!

Deposits
(end-ofperiod)

Turnover
(annual
rate)

Debits
(total for
period)

Deposits
(end-ofperiod)

Turnover
(annual
rate)

Debits
(total for
period)

Deposits
(end-ofperiod)

226 other SMSA's

Turnover
(annual
j rate)

Debits
(total for
period)

Deposits
(end-ofperiod)

Turnover
(annual
rate)

1970— Dec

1,016,887

152,520

82.4

482,571

31,510

189.2

225,543

34,762

79.9

534,316

121,010 j

54.5

308,774

86,248

44.3

1971— Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec

903,422
855,057
1,030,281
1,002,252
896,599
1,026,840
976,729
968,420
1,005,510
987,468
1,031,543
1,163,416

140,528
141,296
143,356
143,766
142,627
148,219
143,795
145,173
146,381
147,752
151,404
159,151

74.0
72.8
86.9
83.8
75.1
84.7
80.3
80.4
82.8
80.6
82.8
89.9

29,114
412,916
405 , 302
28,975
488,067
29,146
29,019
463,070
27,824
394,416
29,625
456,771
425,503 ! 27,301
427,429
27,619
463,655
28,945
27,847
455,108
468,254
29,069
541,223 I 30,033

163.5
167.5
201.5
191.1
166.5
190.8
179.4
186.8
196.7
192.3
197.5
219.8

204,490
187,501
226,748
225,440
207 , 944
238,750
228,643
223,683
225,837
220,750
233,757
260,092

31,488
32,061
32,231
32,437
32,661
33,503
32,934
32,933
33,307
33,721
34,656
36,038

74.1
70.8
84.6
83.7
76.7
86.6
82.6
81.5
81.8
79.0
82.1
88.3

490 , 506
449,755
542,214
539,182
502,184
570,070
551,226
540,991
541,854
532,360
563,289
622,193

111,414
112,321
114,210
114,747
114,803
118,594
116,493
117,554
117,436
119,905
122,335
129,118

50.7
48.3
57.5
56.5
52.5
58.6
56.3
55.5
55.3
53.8
55.8
59.4

286,017
262,254
315,466
313,743
294,239
331,320
322,584
317,308
316,018
311,610
329,533
362,101

79,926
80,260
81,980
82,310
82,143
85,091
83,559
84,621
84,130
86,184
87,680
93,080

41.3
39.3
46.7
45.8
42.9
47.6
45.9
45.3
44.9
43.9
45.5
48.1

1,053,018
1972— Jan
999,264
Feb.
1,140,532
Mar
1,053,841
Apr
1,132,256
May
1,174,009
June
1,049,279
July
Aug. . . 1,158,117
1,103,099
Sept
1,168,247
Oct.
1,219,295
Nov
1,287,394
Dec. . . . . .

152,340
152,497
150,405
153,632
154,628
157,280
157,235
153,986
156,499
161,947
162,315
180,851

81.1
78.7
90.4
83.2
88.2
90.3
80.1
89.3
85.3
88.1
90.3
90.0

480,154
29,053
457,559
29 , 307
517,777
27,909
29 , 349
460,808
496,583
28,859
29,382
515,041
28,926
443,466
505,207
28,148
492,292
28,438
29,687
510,837
558,084 1 29,966
590,348 i 34,572

195.0
188.2
217.2
193.2
204.8
212.2
182.5
212.4
208.8
210.9
224.5
219.5

232,222
223,580
258,875
248,156
267,755
274,637
246,768
270,309
250,716
272,461
275,622
298,502

34,575
34,906
33,872
34,406
34,890
35,359
35,515
34,782
35,423
36,763
36,773
40,644

78.9
77.2
90.3
87.2
92.7
93.8
83.6
92.3
85.7
90.6
90.0
92.5

572,864
541,705
622,755
593,033
635,673
658,968
605,814
652,910
610,807
657,411
661,211
697,046

123,287
123,190
122,496
124,283
125,769
127,898
128,309
125,838
128,061
132,260
132,349
146,279

54.5
52.8
60.8
57.7
61.0
62.4
56.8
61.7
57.7
60.6
60.0
60.0

340,641
318,125
363,879
344,877
367,918
384,331
359,046
382,601
360,091
384,950
385,589
398,544

88,713
88,284
88,624
89,878
90,879
92,539
92,794
91,056
92,638
95,497
95,575
105,635

45.0
43,1
49.4
46.4
48.9
50.3
46.5
50.0
47.1
49.1
48.4
47.5

1973- Jan
Feb.
Mar
Apr
May
June
July
Aug
Sept.
Oct
Nov
Dec

1,381,111
1,191,120
1,372,958
1,335,841
1,392,735
1,408,640
1,436,389
1,489,468
1,361,346
1,597,877
1,528,522
1,631,040

163,625
161,457
162,692
167,630
163,757
167,909
166,841
162,151
165,640
168,017
168,795
187,216

96.2
87.9
101.7
97.1
100.9
101.9
103.0
108.7
99.7
114.9
108.9
110.0

617,228
530,584
606,867
581,273
602,989
608,053
599,196
637,863
607,277
699,182
672,110
738,331

30,872
29,563
29,891
30,488
29,582
29,796
30,179
28,685
29,606
30,801
29 , 348
33,924

226.4
210.7
245.0
231.1
240.9
245.8
239.8
260.1
250,0
277.8
268.2
280.1

319,599
282,970
329,532
323,244
334,433
347,285
363,500
362,906
319,831
386,348
362,590
377,735

36,409
36,266
36,093
37,919
36,716
38,467
37,798
36,780
37,639
38,201
39,020
43,101

99.6
93.5
109.3
104.8
107.5
110.9
114.4
116.8
103.1
122.3
112.7
110.4

763,883
660 , 536
766,090
754,567
789,746
800,586
837,193
851,604
754,069
898 , 695
856,412
892 , 709

132,752
131,894
132,801
137,142
134,175
138,113
136,662
133,465
136,034
137,216
139,447
153,293

65.7
59,9
69.5
67,1
69.9
70.6
73.1
75.7
67.2
78.9
74.3
73.2

444 , 284
377,565
436,559
431,323
455,314
453,301
473,694
488 , 698
434,238
512,347
493 , 822
514,974

96,343
95,628
96,708
99,224
97,458
99,647
98 , 864
96,685
98 , 395
99,015
100,428
110,192

52.8
47.2
54.5
52.8
55.6
55.2
57.3
60.0
53,4
62.3
59.4
58.7

1974

1,687,710
1,468,971
1,664,442
1,726,111
1,747,934
1,672,251
1,799,185
1,726,142
1.748,638
1,943,058
1,760,631
2,004,462

166,205
166,615
169,570
174,434
171,555
177,305
170,869
169,018
176,802
173,033
175,056
189,328

114.6
105 = 9
118.8
120.4
121.3
115.0
124.0
121.9
121.4
133.3
121.4
132.Q

731,113
653,129
747,636
745,962
755,833
737,136
767,370
733,906
797,032
886,827
793,004
933,749

30,008
30,168
30,260
32,500
31,612
33,689
31,582
30,338
31,815
32,033
31,567
35,267

274.5
260.5
296.9
285.3
282.9
270.9
282.2
284.5
307.8
333.4
299-2
335.3

399,615
340,363
388,001
408,929
412,503
396,285
429,666
419,280
400,382
447,229
400.900
447,905

37,595
37,735
38,429
38,933
38,952
40,319
38,419
38,422
40,650
39,319
40,226
42,332

118.9
108.4
122.3
126.9
127.1
120.0
131.0
131.0
121.5
134.2
121,0
130.2

956,598
815,842
916,806
980,149
992,100
935,115
1,031,815
992,236
951,606
1,056,231
967,628
1,070,713

136,197
136,447
139,310
141,934
139,943
143,616
139,286
138,680
144,988
140,999
143-488
154,061

79.3
71.8
79.8
83.6
84.5
79,2
87.5
85.7
80.5
88,6
81.6
86.4

556,983
475,479
528,805
571,220
579,598
538,830
602,149
572,956
551,224
609,002
566,728
622,808

98,602
98,713
100,881
103.001
100,991
103,297
100,867
100,258
104,338
101,681
103.262
111,728

64.0
57.8
63.6
67.2
68,2
63,3
70.8
68.4
64.7
71.0
66.4
69.5

Jan.
Feb
Mar.
Apr
May
June
July . . .
AUK
Sept,.
Oct
Nov. . . .
Dee......




i
i1
!
i
j
I
:
i

!
\

1975— Jan
,966,615
Feb
,696,601
Mar
,849,291
Apr. . . . , 942 , 336
,861,642
May
June .
1,923,545
July
1,965,927
1,793,212
Aug.
Se0t.
1 894,700
Oct
2,105,753
Nov
1,784,865
Dec
2,205,135

170,224
171,399
178,916
1 73 , 303
174 679
186,697
174,353
174,005
179,844
178,238
181,166
196,966

131.3
119.2
126,7
132.4
128.4
127.8
130.7
123.5
128.5
141.1
119.2
140.0

921,684
801,562
876,181
919,861
879 , 645
911,527
903,474
798,519
870,839
1,021,920
838,145
1,066,718

32,180
31,138
32,256
33,042
30 787
34,395
30,845
30,042
31,901
31,929
30,686
35,019

328.0
303.8
• 331.7
338.1
330 8
335.6
332.4
314,8
337.4
384.2
321.3
389.6

432,511
367,975
403,010
414,330
399 114
407 , 207
427 , 679
402, 1S9
414,545
434,476
370,915
445,606

38,126
129.0
39,862
113.2
118.5
41,788
•122 2
39,578
40 741
119 3
42,914 f 116 8
40,326
123.3
40,411
119.6
41,931
120.8
41,047
125.7
42 , 720
106.3
45,285
121.5

1,044,931
895,039
973,111
1 022,475
981 996
1 012 018
1,062,453
994,693
,023,861
,083,833
946,720
,138,417

138,045
140,261
146,659
140,261
143 892
1 52 , 303
143.508
143,964
147,943
146,309
150,480
161,947

85.9
77.2
81.4
85.5
82 9
82 0
86.2
83.0
84.2
88.4
76.6
87.5

612,420
527,064
570,101
608,145
582 882
604 810
6*4,774
592,504
609,316
649,357
575,805
692,810

99,919
100,398
104,871
100 683
103 151
109 388
103,181
103,553
106,012
105,262
107,760
116,661

69.5
63.2
66.7
71 0
68 6
68 3
71.7
68.8
69.8
73.8
64,9
74.1

1976—Jan
Feb
Mar
Apr
May .
June
July
Aug
Sept
Oct.
Nov
Dec

179,392
179,131
181,876
181,842
178,630
187,595
183,380
182,742
184,680
187,599
193,416
201 997

132.5
125.5
155.4
147.3
134.6
152.4
146.1
146.5
146.6
142.5
141.2
165.2

1,007,754
877,566
1,152,262
1,086,441
954,902
,118,807
,089,501
,044,772
,059,430
,068,050
,066,611
1 355,664

32,199
32,536
33,805
32,627
30 435
34,247
32,173
31,161
31,382
32 596
34,294
34 829

359.8
325.4
416.9
392.5
363 4
415.1
393.7
395.9
406.5
400 7
382.7
470 7

415,711
395,763
475,321
461,873
424 486
490,779
470,715
478,650
478,802
447 , 807
456,332
538 373

40,720
41,169
41,343
41,734
41 '247
42,961
42,248
41,934
43,209
43 034
44,455
46 768

116.0
116.0
138.3
133.4
122 8
139.9
132.6
136.5
135.0
P4 6
125.2
141 6

,070,033
996,779
,185,047
,145,731
065 923
,206,216
,168,971
,189,574
,184,381
141 840
,175,716
1 365 901

147,192
146,595
148,072
149,215
148,195
153,349
151,207
151,581
153,298
155,004
159,122
167 168

83.1
81.4
96.5
92.5
86 0
96.0
92.1
94.3
93.2
88 9
89.8
100 5

654,322
601,016
709,726
683,858
641 437
715,437
698,256
710,924
705,579
694 033
719,384
827 528

106,472
105,425
106,729
107,481
106 948
110,387
108,960
109,648
110,089
111 970
114,667
120 399

70.4
68.1
80.3
76.6
71 8
79.0
76.4
78.1
77.1
75.0
76.2
84 5

2,077,787
1,874,345
2,337,309
2,232,172
2,020,825
2,325,022
2,258,473
2,234,346
2,243,811
2,209,889
2,242,327
2,721,565

12. Bank debits to demand deposit accounts, except interbank and U.S. Government, at all reporting centers, by Federal Reserve
district
Millions of dollars
All
districts

Boston

4,639,767
5,161,641
5,933,541
6,665,459

169,258
195,619
227,013
257,775

2,053,873
2,288,634
2,671,317
3,102,203

191,430
220,116
253,681
270,207

257,041
281,125
313,947
337,082

169,853
193,067
207 , 369
220 , 603

195,568
221,201
242,693
268,645

1968
1969
1970
1971 (old series)

8 009 620
9,223,479
10,237,181
11,842,555

320 016
372,543
398,504
435,504

3 840 745
4,301 081
4,762,010
5,680,522

310 544
365 198
414,012
457,266

380 863
444 , 596
484,681
540,421

254,030
292,211
331,356
372,416

308 804
352 631
386,161
449,526

1971 (new series)
1972
1973
1974

11,847,964
13,538,240
17,127,047
20,949,535

435,510
510,587
649,008
706,998

5,680,522
6,340,799
7,868,894
9,707 817

457,266
524,109
727,314
880,196

540,335
600,935
761,723
1,011,650

376,981
455,696
577,096
694,235

450,625
529,051
673,173
826 655

1975
1976

22,989,620
26,777,872

768,927
870,732

11,237 724
13,373,362

848,254
947,095

1,069,536
1,179,062

792 , 729
902,058

884 046
1,017,583

Year

1964
1965
1966
1967




New York

Philadelphia

Cleveland

Richmond

Atlanta

St. Louis

Minneapolis

Kansas
City

Dallas

624,130
698,948
805,104
879,986

117,968
133,010
149,312
163,646

65,402
73,260
88,429
101,321

126,532
137,679
154,166
165,288

165,852
183,636
204,366
226,723

502,862
535,346
616,144
671,980

028 658
,211,570
,371,048 I
,524,252

183 413
203 103
233,603
269,815

122 678
152,818
165,320
176,660

189,755
216,189
234,101
270,103

264,376
313,570
341,602
389,025

805 738
997,969
1,114,783
1,277,046

,524,252
,780,463
2,364,261
2,805,711

269,815
314,723
377,827
461 237

176,682
214,446
284,162
302,819

270,103
337,388
419,027
504,819

389,025
450,326
557,450
718,079

1,276,847
1,479,716
1,867,113
2,329,319

2,776,971
3,192,365

515,508
590 , 707

308,379
373,915

549 , 766
616,436

785,223
962,554

2,452,559
2,752,003

Chicago

San
Francisco

13. Measures of the money stock

A. Seasonally adjusted
Billions of dollars
Related data

Over-all measures
Year and
month

1
I
M-l

M-3

M-2

M-4

M-5

Currency

Deposits at commercial banks

i

\ Demand |L

Time and savings

i
CD's * j Other

'
1 Total
._ ._ .. - .j,

171.2
172.7
174.1
175.4
177.6
178.8
179.4
180.2
180.5
ISO. 5
180.9
181.3

1
\
|
I'

1971—Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec

220.6
222.5
224.1
225.8
228.3
229.8
230.9
231.9
232.5
232.7
233.3
233.8

428.2
434.7
441.0
445.6
450.7
454.8
457.1
459.2
461.8
464.5
468.1
471.7

663.8
673.3
683.2
691.7
700 . 4
707.8
713.6
719.2
724.0
729.0
735.9
742.8

454.8
462.4
469.2
473.4
479.0
483.8
487.1
489.6
492.7
497.0
500.8
505.0

690.4
701.0
711.3
719,5
728.7
736.9
743.5
749.6
754.9
761.5
768.7
776.1

49.4
49.8
50.0
50.4
50,7
51.0
51.5
51,7
51.9
52.2
52,3
52.6

1972

235.6
237.5
239.7
241.4
242.2
243.3
245.3
247.2
249.4
251.0
252.5
255.3

476.9
482.0
486.8
490.4
493.8
498.0
502.5
507.3
512.1
516.2
520.0
525.3

752.5
762.3
770.6
777.7
784.4
792.2
800.9
810.3
819.7
828.0
835.7
844.5

510.4
516.3
520.7
524,9
529,6
534.6
539.9
546.1
551.7
556.7
562.8
568.8

786.0
796.6
804.5
812.3
820.2
828.8
838.3
849 . 1
859.3
868.6
878.0
888.0

52.9
53.3
53.6 1
53.8
54.1 <
54.3
54.7 1
54.9
55.4 >l
55.8
56,3
56.9 i

186.2 "
187.6 !
188. 2
188.9
190.6
192.3
194.0
195.2 i
196.1
198.4

274.9
278.8
281.0
283.6
287.4
291.3
294.6
298.8
302.3
305.8
309.8
313.5

257.5
258.0
257.6
259.0
261.9
264.0
264.9
265.4
265.3
266.6
268.9
270.5

530.1
532.8
534.9
538.3
543,7
548 . 1
550.8
554.5
556.8
561.4
566.6
571.4

853.1
858,8
863.0
868.6
876.6
883.8
888.5
893 . 3
897.2
904.2 ,
912.0
919,6

575.0
582.0 \
589.4 i
595 . 8
603.2 |
608.4
613.1
620.9
623.5
626.1
630.3
634.4

897.9 !
908.0
917.5
926.1
936.1 ;
944.2
950.8
959.8
963.9
968.8
975.7
982.5

57.2
57.5
57.9
58.5
58.8
59.3
59.5
59.8
60.2
60.5
61.0 ;
61.5 \

200.4
200.4
199.7
200.5
203.0
204.7
205 . 4
205.6
205.0
206.0
207.9 '
209.0

1974— Jan
Feb
Mar.
Apr
May .
June
July
Aug.
Sept
Oct
Nov.
Dec

271.5
272.9
274.1
275.4
276.2
277.6
278.8
279.3
279.9
281.2
282.5
283.1

575.8
580.7
584.3
588.1
590.2
594.2
597.8
600.5
602.5
607.2
610.5
612.4

926.0
932.8
938 . 7
944.0
946.7
951.8
956.8
960.6
964.2
970.8
976.6
981.5 j

641.5
991.7
648.6 , 1,000.7
652.5 1,006.8
661.8 1,017.6
668.8 1,025.3
675.0 1,032.6
681.0
1,040.0
685.9 1 1,046.0 ;
688.3
,049.9
693.4
,057.0
696.7
,062.8 'i
701.4
,070.5 '

ij

1975— Jan
Feb
Mar..
Apr,
May
June
July
Sept
Oct
Nov.
Dee

282.1
282.1
284.1
284.8
287.6
290.8
291.8 1
292.9
293.7
293.4
295.6
294.8

614.8
618.4
623.0
626.6
633.7
642.2
647.4
650.3
652.9
655.8
662.1
664.3

987.1 !
994 . 6
,004.0
,012.8
,025.4
,039.8
,051.0
,059.6
,067,9
,075.7
,086.1
,092.6

706.6
710.4
713.1
714.6
719.3
725.8
728.7
729.9
732.8
737.1
744 .1
746.5

Jan
Feb.. .
Mar,
Apr.
May
June
July
Auj?.
Sept
Oct
Nov
Dee..

295.3
296.8
298.1
301.8
303.5
303.2
305,0
306.5
306.9
310.4
310.4
312.4

670.3
678,2
682.6
690.6
695.7
698 . 2
705.2
710.4
716.3
725.9
732.3
740.3

1,103.6 i
1,117.1
1,126.5
1,139.7
1,149.7
1,156.5
1,168.8
1,180.8
1,193.9
1,210.7
1,223.4
1,237.1

748 . 7
753.5
755.9
761.8
764.3
768,4
774.1
775.4
779.4
788.2
794.6
803.5

Jan
Feb
Mar
Apr.

...

June
July
Aug
Sept
Oet.
Nov. . . . .
Dec

1973- Jan
Feb
Mar
Apr.
May
June
July
Aug
Sept
Oet,
Nov
Dee.

1976

60

,




1

[
1 Nonbank
thrift
institu-]
tions <

207.6
212.3
216.9 :
219.8
222,4 1
225.0 i
226.2 ,
227.4 <
229.3
231.8 1
234.8 i
237,8 ,

235.6
238.3
242,1
246.0
249.7
2S3.0
256.5
260.0
262 2
264° 5
267 . 8
271.1

33.5
34.3
33.9
34.5
35.8
36.6
37.4
38. 8
39.6
40.6
42.4
43.5

241.4
244.5
247,0
249.0
251.6
254.7
257.2
260.1
262.7
265.2
267.5
270.0

275.6
280.3
283.')
287 . 3
290 . 7
294 . 2
298.4
303.0
307 . (»
311.9
315.7
319.3

317.4
324.1
331.8
336.8
341.3
344.5
348.2 •
355.5
358.2 '
359.5
361.4
363.9

44.8
49.2
54.6
57.4
59.5 '
60.4
62.3
66.5
66.7
64.7
63.7
63.0

272,6
274.9
277.2
279.4
281,9
284.1
285.9
289,0
291.5
294.8
297,7
300.9

322.9
326.0
328.1
330.3
332.9
335.7
337.7
338.8
340.5
342.7
345 . 4
348.1

66.0
66.6
67.4
67.8

209.5
210.2
210.9
211.6
211.9 !
213.0
213.9 ;
213.8
213.9
214.6
215.1
215.3

370.0
375,8
378.4
386.4 •
392.6
397.5
402.3
406.6
408.4
412.2
414.2
418.3

65.7 '
67,9
68.2
73.6
78.6 ,
80.8
83.2
85.4
85.7
86.2
86.2
89.0 :

304.3
307.9
310.2
312.7
314.0
316.7
319.1
321.2
322.7
326.0
328.0
329.3

350.2
352.1
354.3
355.9
356.5
357.6
359.0;
360, i
361.6
363 . (j
366.;*
369 . 1

,079.0
,086.7
,094.0
,100.8
,111.0
,123.4
,132.3
,139.1
,147.8
,156.9
1,168.1
1,174.7

68.2
68.7
69.4
69 . 4
70.2
70.9
71.3
71.9
72.1
72.6
73.4
73.7

213.9
2L3.4
214.7
215,4
217.4
219.9
220.5
221.0
221.6
220.8
222.1
221.0

424.5
428.3
429.0
429.8
431.7
435.0
436.9
436.9
439 .1
443.7
448.6
451.7

91.8 '
92.1
90.0
88.0
85.6
83.6
81.4
79.5
79 . 9
81.3
82.0
82. 1

332.6
336.2
339.0
341.8
346.1
351.4
355.5
357.4
359 . 2
362.4
366.5
369.6

372.4
370.3
380 . 9
386.2
391.7
397,6
403,6
409 . 3
415.0
4M.8
424.0
428 , 3

1,182.0
1,192.4
1,199.8
1,210.9
1,218.3
1,226,7
1,237.7
1,245.8
1,257.0
1,273.0
1,285.6
1,300.3

74.3
75.0
75.7
76.6
77.3
77.5
78.1
78.6
79.2
79 . 8
80.2
80.5

221.1
221.8
222.4
225.2
226.2
225.6
226.9
227.9
227 . 7
230.6
230.2
231.9

453.3
456.7
457.8
460.0
460.7
465.3
469 . 0
468 .9
472.5
477.8
484.2
491.1

78.4
75.4
73.4
71.2
68.6
70.2
68 . 9
65.0
63.1
62.3
62.2
63.3

374.9
381.3
384.4
388.9
392.1
395.1
400 . 1
403 . 9
409.4
415,5
422.0
427.9

433-4
438.9
443.9
449 . 1
454 . 0
458 . 2
463.6
470 . 5
477.6
484 , 8
491.0
4%. 8

62.0
62.7
63.2
63.8
64.3
64.6
64.8

65.5

1

:

!j
i
«

ii

182.6 ,;
184.3

234.2
239.9
245.1
247.6
250.7
254.0
256.2
257.8
260.3
264.3
267.6
271.1

,
'
'
i
j
\
i
\
'i
.,
,
':

26.6
27.7
28.2
27.8
28.3
29.1
30.0
30.4
31.0
32.5
32. g
33.3

•:
,

,
'

•
*
j

,
,'
'

13. Measures of the money stock—Continued
B. Not seasonally adjusted
Billions of dollars
Related data

Over-all measures

Deposits at commercial banks
Year and
month

M-l

M-2

M-3

M-4

M-5

Currency

Demand

Time and savings

NonU.S.
bank Govt.
thrift
deinstitu-2 posits 3
tions

433.2
432.3
440.1
448.5
448.4
454.1
456.9
456.5
459.7
463.5
467.1
476.4

668.0
670.7
683.3
696.3
699.4
709.0
715.0
716.3
722.1
728.9
734.8
747.7

460.0
459.6
468.1
475.6
475.8
482.4
486.2
487.5
491.6
497.0
500.7
510.2

694.8
698.0
711.3
723.4
726.8
737.2
744.3
747.3
754.0
762.4
768.4
781.5

49.1
49.1
49.5
50.1
50.5
51.0
51,9
51.9
51.9
52.2
52.7
53.5

Mem- Domestic nonmember
^ \
177.0 135.7
39.8
170.9 | 131.1
38.3
172.4 132.4
38.4
177.0 135.8
39.7
173.9 i 133.2
39.1
177.4 135.8
40.0
178.7 136.4
40.7
177.3 135.0
40.7
41.4
179.1 136.0
180.2 136.4
42.1
181.8 137.3
43.0
186.9 141.1
44.1

240.9
234.6
237.4
242.8
238.1
241.9
245.3
244.5
247.8
250.5
253.9
262 . 7

481.8
479 .4
486.1
493.6
491.8
497.7
502.6
504.5
509.5
514.7
518.6
530.3

757.6 515.5
759.4 513.1
771.2 519.4
783.0 527.3
784.0 526.7
794.1 533.5
803.1 539.4
807.5 '544.0
816.1 550.5
825.0 556.5
831.7 561.7
847.4 574.5

791.3
793.0
804.5
816.7
818.9
829.8
839.8
847.1
857.0
866.8
874.7
891.6

52.5
52.6
53.1
53.5
53.9
54.4
55.1
55.1
55.3
55.7
56.7
57.9

188.4
182.1
184.3
189.3
184.2
187.5
190.3
189.5
192.5
194.8
197.1
204.8

263.2
254.8
255,2
260.5
. 257.5
263.1
265.2
262.6
263.5
265.6
270.4
278.3

535.2
530.0
534,3
542.2
541.7
548.5
551.2
551.5
553.8
559.4
565.0
576.5

856.9
855.3
863,6
874.7
876.2
886.7
891.3
890.3
893.0
900.1
907.2
921.8

580.1
578.1
587.8
598.2
600.1
607,8
612.9
619.3
622.8
626.0
629.3
640.5

901.8
903.3
917.0
930.7
934.6
946.0
953.1
958.2
962.0
966.8
971.5
985.8

56.8
56.8
57.4
58.3
58.7
59.4
60.0
60.0
60.1
60.4
61.5
62.7

206.4
198.0
197.7
202.3
198.8
203.7
205.2
202.5
203.4
205.2
208.9
215.7

276.9
269.3
271.5
277.0
271.6
277.0
279.0
276.4
278.0
280.1
284.2
291.3

580.5
577.6
583,9
592.3
588.3
595.3
598.2
597.5
599.3
604.7
608.8
617.5

929.3
929.0
939.7
950.8
946.6
955.8
960.1
957.8
959.7
966.4
971.7
983.8

646.3
643.6
650.6
664.1
665.5
674.9
681.0
684.6
688.1
693.5
695.9
708.0

995.1
995.1
,006.4
,022.6
,023,8
,035.4
,042.9
,044.9
,048.5
,055.1
,058.8
,074.3

61.6
61.9
62.7
63.5
64.1
64.8
65.3
65.7
65.8
66.4
67.9
69.0

215.3
207.4
208.8
213.5
207.4
212.2
213.7
210.7
212.2
213.7
216.4
222.2

155.8
150.4
151.6
154.8
150.2
152.7
153.8
151.7
152.7
153.7
155.4
159.7

56.6
54.4
54.4
56.0
54.6
55.9
56.2
55.8
56.3
56.8
57.3
58.5

369.4
65.8
374.3
66,1
66.7
379,1
71.8
387.1
393.9 . 77,2
79.6
397.9
82.8
402.0
408.2
87.1
88,7
410.1
88.8
413.3
411.7
87.1
90.5
416.7

303.6
308.3
312.4
315.3
316.7
318.3
319.2
321.1
321.3
324.6
324.6
326.3

348.8
351.4
355.8
358.5
358.3
360.5
361.9
360.3
360.4
361.7
362.9
366.3

8.1
6.6
6.4
6.0
7.6
6.1
5.4
4.0
5.5
3.7
3.4
4.9

287.7
278.5
281.4
286.5
282.9
290.3
292.1
290.0
Aue
Sept.. . . . . . . 291.7
292.3
Oct. . .
297.4
Nov
303.2
Dec
1976— jan
301.0
Feb
292.9
Mar.
295.3
303.5
Apr
May
298.6
302.6
June
305.4
July
303.5
Aus
304.9
Sept
309.3
Oct. .
312.3
Nov
Dec
321.3

619.5
615.2
622,7
631.1
631.9
643.5
647.8
647,2
649.5
653.2
660.2
669.3

990.3
990.3
,004.9
,019.9
,025.6
,044.4
,054.8
,056.9
,062.5
,070.1
,080.3
,094.3

711.4
704.4
710.8
716.9
716.0
725.8
729.1
728.4
732.2
736.9
743.0
752.8

,082.2
,079,5
,093.0
,105.7
,109.7
,126.7
,136.1
,138.0
,145.2
,153.8
,163.2
,177.7

67.8
67.8
68.8
69.1
70.0
71.2
71.9
72.1
71.9
72.5
73.9
75.1

219.9
210.6
212.6
217.4
212.9
219.1
220.3
217.8
219.9
219.9
223.5
228.1

158.2
151.8
153.4
156.9
153.4
157.2
157.9
155.8
157.0
156.6
159.0
162.1

58.2
55.7
56.0
57.4
56.6
58.9
59.4
59.0
59.7
60.3
61.4
62.6

423.8
425.9
429.4
430.4
433.2
435.5
436.9
438.4
440.4
444.5
445.6
449.6

91.9
89.2
88.1
85.8
84.1
82.3
81.3
81.1
82.7
83,7
82.9
83.5

331.9
336.7
341.4
344.6
349.1
353.2
355.7
357.3
357.7
360.8
362.8
366.2

370.8
375.2
382.2
388.8
393.6
400,8
407.0
409.7
413.0
417.0
420.1
424.9

4.0
3.3
3.8
4.0
4.1
4.2
3.4
2,7
3.9
3.4
3.5
4.1

675.0
674.8
682.5
695.5
694.1
699.7
705.7
707.2
712.6
722.9
730.0
745.3

,106.5
1,112,3
,127.8
,147.8
,150.4
,161.8
,173.2
,178.1
1,188.6
1,205.0
1,216.3
1,237.9

753.5
747.8
754.2
764.9
761.4
768.8
774.5
773.5
777.9
787.1
792.8
809.5

,184.9
,185.3
1,199.6
1,217.2
1,217.7
J.230.9
1,242.1
1,244.4
1,253.9
1,269.2
1,279.2
1,302.1

73.7
74.1
75.1
76.3
77.1
77.8
78.7
78.9
79.0
79.6
80.7
82,0

227.3
218.9
220.2
227.2
221,5
224.8
226.7
224.6
225,9
229,7
231.6
239.3

162.0
155.8
156.9
161.8
157.2
159.2
160.1
158.4
158.9
161,7
162,5
168.5

62.1
59.9
60.3
62.4
61.1
62.5
63.1
62.9
63.8
64.8
65.8
67.3

452.5
454.9
458.9
461.4
462.8
466.3
469.1
470.0
473.0
477.8
480.5
488.2

78.5
73.0
71,8
69.4
67,4
69.1
68.9
66.3
65,3
64.2
62.9
64,3

374.0
381.9
387.2
392.0
395.5
397.1
400.2
403.7
407.8
413.6
417.7
423,9

431.4
437.5
445.3
452,2
456.3
462.1
467.6
470.9
476.0
482.1
486.3
492.6

3.8
4.5
3.9
3.9
3.8
4.8
3.5
3.7
5.0
4.0
4.2
4.7

Total
226.2
220.0
221.9
227.1
224.4
May
228.4
June
July , . . . 230.6
229.2
Aug..
231.0
Sept..
232.4
Oct, .
234.6
Nov
240.4
Dec

1971— Jan
Feb
Mar. ,
Apr. ,

1972— Jan
Feb.
Mar
Apr.
May..
June
July.
Aug. . . . . .
Sept
Oct.
Nov.
Dec,
1973— Jan
Feb
Mar...
Apr

May
June
July
AUK

Sept
Oct

Nov
Dec

..

1974— jan
Feb

Mar. . .
Apr.
May . . . . . . .
June
July
Aug
Sept.
Oct
Nov

Dec.

1975— Jan.
Feb

Mar
Apr. . . .
May.......
June. . . . . . .
July . . . .




Total

CD's i

Other

233.8
239.6
246.2
248.5
251,4
254.0
255.6
258.3
260.6
264.6
266.1
269.8

26.8
27.3
28.0
27.1
27.4
28.3
29.3
31.0
31.9
33.5
33.6
33.8

207.0
212.3
218.2
221.4
224.0
225.7
226.4
227.3
228.7
231.1
232.6
236.0

234.8
238.4
243.2
247.8
251.0
254.8
258.1
259.8
262.4
265.4
267.7
271.3.

6.8
8.5
5.5
5.6
8.0
5.5
7.0
7.0
7.7
5.4
4.0
6.9

142.3
137.5
139.4
143.0
138.8
141.0
142.7
141.7
143.6
145.0
146.4
152.1

44.6 274.6
43.2 278.4
43.7 1 282.0
45.1 ! 284.5
44.3 288.6
45.4 291.5
46.4 294.0
46.8 299.5
47.9 302.7
46.8 306.0
49.7 307.8
51.4 311.8

33.7
33.6
33.4
33.4
34.9
35.8
36.8
39.5
41.0
41.8
43.1
44.2

240.9
244.8
248.7
250.9
253.7
255.8
257.3
260.0
261.8
264.2
264.7
267.6

275.8
280.0
285.1
289.4
292.2
296.4
300.4
303.0
306.5
310.3
313.1
317.0

7.4
7.4
7.9
7.7
10.5
6.9
7.3
5.3
6,0
6.7
6.3
7.4

152.4
145.8
145.3
148.5
145.3
148.7
149.2
147.4
147.8
149.2
151.2
156.5

51.6
49.8
50.1
51.6
51.1
52.4
53.2
52.7
53.3
53.8
55.1
56.3

316.9
323.3
332.6
337.6
342.7
344.7
347.8
356.7
359.3
360.3
359.0
362.2

44.9
48,1
53.5
56.0
58.4
59.3
61.8
67.8
69.0
66.6
64.3
64.0

272.0
275.2
279.1
281.6
284.3
285.3
286.0
288.9
290.3
293.7
294.7
298.2

321.7
325.2
329.3
332.5
334.5
338.2
340.2
338.9
339.2
340.8
342.2
345.3

8.1
9.9
10.4
8.3
8.7
7.1
6.5
4.1
5.3
6.0
4.3
6.3

*

!

61

14. Aggregate reserves and deposits of member banks
A. Reserves
Not seasonally adjusted

Seasonally adjusted
Period

Total
reserves l

Nonborrowed

Required

Total
reserves

Nonborrowed

Required

Excess

In billions of dollars

In millions of dollars

29.27
29.65
29.81
29.87
30.29
30.49
30.61
30.94
31.14
30.95
31.07
31.22

28.91
29.32
29.49
29.72
30.01
30.00
29.78
30.13
30.64
30.59
30.69
31.10

29.04
29.40
29,61
29.71
30.07
30.29
30.42
30.75
30.95
30,79
30.84
31.04

30.44
29.90
29.68
29.91
30.33
30.09
30.57
30.45
30.78
30.81
30.93
31.35

30.07
29.57
29.36
29.76
30.04
29.60
29.74
29.64
30,29
30,45
30,54
31.22

31.58
31.74
32.02
32.42
32.72
33.00
33.07
33.50
33.57
33.89
32.08
31.41

31.56
31.70
31.92
32.31
32.61
32.90
32.84
33.11
33.03 1
33.33
31.47
30.36

31.37
31.59
31.83
32.27
32.58
32.80
32.88
33.31
33.35
33.68
31.72
31.12

32.89
31.94
31.88
32.58
32.84
32.54
33.06
33.08
33.05
33.76
31.81
31.41

32.87
31.91
31.78
32.46
32.73
32.44
32.83
32.69
32.51
33.21
31.20
30.36

1973— Jan
Feb
Mar
Apr.
May
June
July
Aug
Sept,
Get
Nov.
Dec

31.59
31.60
32.03
32.23
32.28
32.63
33.39
34.13
34.41
35.05
35.00
34.94

30.43
30.00
30.21
30.51
30.44
30.78
31.44
31.97
32.55
33.57
33.61
33.64

31.33
31.40
31.82
32.00
32.14
32.42
33.11
33.96
34.18
34.79
34.78
34.64

32.86
31.73
31.89
32.35
32.41
32.19
33.48
33.71
34.01
34.94
34.77
35.11

31.70 •
30.14
30.07
30.64
30.57
30.34
31.53
31.55
32.15
33.47
33.37
33.81

1974- Jan
Feb
Mar.
Apr. ,
May
June
July
Aug,
Sept
Oct
Nov
Dec

35.20
35.14
35.17
35.83
36.46
36.97
37.24
37.47
37.45
36.92
36.92
36.60

34.15
33.94
33.86
34.10
33.87
33.97
33.94
34.14
34.17
35.11
35.66
35.87

35.04
34.95
35.04
35.65
36.30
36.78
37.08
37.29
37.27
36.80
36.71
36.34

36.58
35.24
34.93
35.95
36.48
36.46
37.32
37.04
37.07
36.87
36.78
36.86

1975— Jan
Feb
Mar.
Apr
May
June,
July
Aug
Sept
Get
Nov
Dec

36.37
35.51
35.00
35.08
34.76
35.04
34.91
34.87
34.99
34.79
34.71
34.73

35.97
35.36
34.90
34.97
34.69
34.81
34.61
34.66
34.60
34.60
34.65
34.60

36.22
35.31
34.80
34.92
34.60
34.84
34.72
34.68
34.80
34.59
34.43
34.46

1976— Jan,
Feb
Mar
Apr
May
June

34.31
34.07
34.02
34.05
34.17
34.28
34.34
34.51
34.34
34,51
34.85
34.95

34.23
33.99
33.97
34.00
34.05
34.16
34.21
34.41
34.27
34.41
34.78
34.90

34.07
33.85
33.80
33.89
33.96
34.07
34.10
34.31
34.14
34.29
34.59
34.68

1971 Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Get
Nov
Dec
1972— Jan
Feb
MaiApr.
May
June
July
Aug
Sept
Oct
Nov
Dee,

t

....
. . . .

,

July

Aug
Sept. .
Get
Nov
Dec

62




Borrowings

30.21
29,65
29.49
29.74
30.11
29.89
30.38
30,26
30,59
30.65
30.69
31.16

f

;

364
332
319
153
284
492
823
809
495
357
384
126

206
152
190
156
139
203
193
188
212
211
354
284

100
238
388
541
555
608
1,050

32.60 -i
31.54
31.68
32.13
32.27
31.97
33.20
33.54
33.78 '
34.69
34.54
34.80

258
197
209
225
138
217
283
172
231
252
225
304

1,160
1 , 593
1,824
1,711
1,843
1,851
1,953
2,165
1,85?,
1 , 476
1 , 393
1,298

35.53
34.04
33.61
34.22
33.89
33.45
34.02
33.70
33.78
35.06 ,
35.52 ,
36.13

36.42
35.05
34.79
35.77
36.32
36.26
37.16
36.85
36.89
36.75
36.57
36.6(1

162
184
134
182
160
198
162
188
181
120
205
258

1,051
1,191
1,314
1,736
2,590
3,006
3,301
3,336
3,282
1,813

37.70
35.53
34.71
35.17
34.65
34.63
34.87
34.46
34.64
34.63
34.58
34.99

37.30
35.38
34.61
35.06
34.59
34.40
34.57
34.25
34.24
34.44
34.52
34.86

37,55 i
35.33
34.51
35.01
34.50
34.43
34.69
34.26 ,
34.45
34.43
34.29
34.72 :

147
194
200
158
155
201
188
195
191
207
283
266

398
147
l«6
110
66
227
301
211

35.60
34.15
33.76
34.13
34.06
33.86
34.31
34.05
33.89
34.34
34.69
35,24

35.52
34.07
33.70
34.08 ;
33.94
33.74
34.18
33.95
33.83
34.24
34.62
35.18

35.36
33.93
33.53 ;
33.97
33. H5
33.65
34.08
33.84
33.69
34.12
34.43
34.96

240
219
223
155
210
214
234
207
201
219
257
274

78
81
54
44
(15
127
133
100
62
94
72
53

1
;'
,
i

32.68
31,79
31.69
32.42
32.70
32.34
32.87
32.89
32.84
33.55
31.46
31.13

234
254
195
168
219
201
184
196
189
163
237
182

'
;
:

:
i

21
33

n
117
111

i a«a
727

mi

190
60
130

14. Aggregate reserves and deposits of member banks—Continued

B. Deposits
Billions of dollars
Seasonally adjusted

Not seasonally adjusted

Deposits subject to reserve requirements *
Period
Total

Time
and
savings

Private demand
Total

Net
interbank

Other

U.S.
Govt.
demand

Deposits
plus
nondeposit
items
2

Deposits subject to reserve requirements l

Total

Time
and
savings

Private demand
Total

Net
interbank

Other

U.S.
Govt.
demand

Deposits
plus
nondeposit
items

1971— Jan
Feb
Mar
Apr
May
June
July
AUE
Sept
Oct
Nov
Dec

325.9
331.7
334.7
338.4
342.4
344.7
347.7
350.0
351.5
353,9
355.6
360.2

183.0
187.6
191.5
193.2
195.5
198.0
199.5
200.4
202.3
205.5
207.8
210.5

137.2
138.4
139.2
140.2
141.5
142.3
142.6
143.1
143.1
143.4
143.6
144.0

7.5
7.8
7.9
7.9
7.9
7.8
7.9
8.1
8.2
8.5
8.9
9.0

129.7
130.6
131.4
132.3
133.6
134.5
134.6
134.9
135.0
134.8
134.7
135.0

5,8
5.7
3.9
5,0
5.5
4.4
5.6
6.5
6.2
5.1
4.3
5.8

336.9
341.4
342.9
344.5
347.7
350.3
352,9
354.9
356.7
359.7
361.9
365.1

330.7
330.9
334.6
339.8
340.9
343.1
346.7
347.1
350.9
353.0
354.4
364.6

182.8
187.1
192.3
193.6
195.8
197.8
198.9
200.8
202.7
205.9
206.8
209.7

142.2
136.8
137.8
141.5
138.4
140.9
142.1
140.6
141.9
142.7
144.3
149.2

8.0
7.7
7.6
7.8
7.5
7.5
8.0
8.1
8.2
8.6
9.3
9.5

134,2
129.1
130.2
133.7
130.9
133.4
134.1
132.5
133.7
134.2
135.1
139.7

5.6
7.0
4.5
4.7
6.7
4.4
5.7
5.8
6.3
4.3
3.2
5.7

341.7
340.6
342.7
345.9
346.1
348,8
352.0
352.0
356,1
358.8
360.6
369.5

1972— Jan
Feb
Mar
Apr.
May
June
July
Aug
Sept
Oct
Nov
Dec

363.3
366.8
370.4
373.2
377.9
380.0
383.9
387.9
390.3
395.4
398.9
402.1

213.4
216.4
217.6
219.3
222.3
225.1
227.5
230.7
233.2
235.7
239.1
241.6

144.2
145.5
147.1
147.6
148.3
149.2
150.2
151.5
152.3
153.3
152.9
154.4

8.5
8.8
9.2
8.9
9.4
9.8
9.9
10.0
9.8
10.1
8.7
8.4

135.7
136.7
137.9
138.7
139.0
139.4
140.3
141.4
142.5
143.2
144.3
145.9

5.7
5.0
5.7
6.3
7.2
5.7
6.2
5.7
4.8
6.4
6.9
6.2

368.2
371.3
374.8
377.4
382.0
384.1
388.1
392.2
394.4
399.5
403.1
406.4

368.6
365.7
370.2
375.3
377.0
378.6
383.2
384.5
389.6
394.1
396.4
406.8

213.4
215.9
218.1
219.8
223.1
225.2
227.1
231.3
233.8
236.2
237.6
240.7

149.2
143.7
145.5
149.0
145.1
147.8
150.1
149.0
150.9
152.5
153.7
160.1

9.0
8.6
8.8
8.8
8.9
9.5
10.0
9.9
9.8
10.1
9.0
8.9

140.2
135.1
136.7
140.2
136.2
138.3
140.0
139.0
141.0
142.5
144.7
151.2

6.0
6.1
6.6
6.5
8.8
5.7
6.1
4.3
4.9
5.4
5.1
6.1

373.5
370.1
374.6
379.5
381.2
382.8
387.4
388.9
393.7
398.2
400.6
411.2

405.2
410.4
416.8
420.1
424.4
427.3
430.4
436.5
437.8
440.3
440.2
442.3

243.9
249 A
256.1
260.3
263.7
265.9
268.8
275.4
277.7.
277.7
278.4
279.2

154.9
154.5
153.4
153.5
154.8
155.7
156.4
156.6
156.1
156.9
157.4
158.1

8.3
8.3
8.3
8.5
8.6
8.4
8.4
8.8
8.5
8.9
9.0
9.1

146.6
146.1
145.1
144.9
146.1
147.3
148.0
147.8
147.6
148.0
148.4
149.1

6.3
6.5
7.4
6.3
5.9
5.6
5.2
4.5
4.0
5.7
4.4
5.0

409.6
414.9
421 .6
425.2
429.6
432.3
436.3
443.2
444.5
446.8
446.6
448.9

410.4
409.0
416.3
422.3
423.0
426.3
429.9
433.7
437.7
439.7
438.2
447.5

243.8
248.5
256.2
260.5
264.5
265.9
268.5
276.6
279.0
278.8
276.6
278.5

160.0
152.4
151.6
154.9
151.4
154.8
156.2
154.0
154.7
156.1
158.3
164.0

8.8
8.2
8.0
8.4
8.2
8,2
8.5
8.7
8.6
8.8
9.3
9.6

151.2
144.2
143.6
146.5
143.2
146.6
147.7
145.3
146.1
147.3
149.0
154.4

6.6
8.1
8.5
6.8
7.0
5.6
5.1
3.1
4.1
4.8
3.2
5.0

414.9
413.5
421.1
427.3
428.2
431.3
435.7
440.4
444,4
446.2
444.6
454.0

447.9
449.8
451.8
460.6
466.6
470.8
474.8
477.5
479.2
480.5
482.7
486.2

283.3
287.3
288.8
296.3
302.4
306.3
310.3
313.8
315.3
317.2
319.1
322.1

158.4
158.4
158.7
160.0
159.1
159.9
160.2
159.6
159.8
160.0
160.4
160.6

9.4
9.2
9.3
10.2
9.7
10.3
10.3
9.5
9.5
9.6
9.5
10.3

149.1
149.2
149.4
149.8
149.4
149.6
149.9
150.1
150.3
150.4
150.9
150.4

6.2
4.1
4.3
4.3
5.1
4.7
4.3
4.1
4.1
3.3
3.3
3.5

454.4
456.7
459.3
468.6
475.4
479.2
484.0
486.6
487.8
488 . 3
490.3
494.6

453.0
447.1
450.4
462.5
464.7
470.0
474.3
475.1
479.7
480.5
481.2
491.8

283.1
285.7
288.6
296.2
303.0
306.4
310.1
315.3
317.2
318.6
317.4
321.7

163.4
156.3
156.9 |
161.5 !
155.6
158.9
160.0
157.0
158.3
159.1
161.4
166.6

9.9
9.0
9.0
10.0
9.2
10.1
10.4
9.4
9.5
9.5
9.8
10.8

153.6
147.3
147.9
151.5
146.4
148.9
149.6
147.6
148.8
149.6
151.6
155.8

6.5
5.1
4.9
4.9
6.0
4.7
4.1
2.9
4.1
2.8
2.4
3.4

459.5
454.0
457.9
470.6
473.5
478.4
483.5
484.2
488.2
488.3
488.8
500.1

1975—Jan.
Feb
Mar... .
Apr.
May.
..
June
July . .
Aug.
Sept
Oct
Nov
Dec

490.1
491.3
493.6
493.8
494.2
498.0
497.4
497.0
499.0
500.7
505.5
505.4

327.3
329.1
329.4
329.3
329.1
330.0
330.1
329.1
330.7
333.5
336.3
337.9

160.1
160.2
161.7
161.7
162.5
165.0
164.7
165.0
165.5
164.2
165.7
164.5

10.2
10.5
10.9
10.4
10.2
10.8
10.7
10.7
11.1
10.9
11.1
11.0

149.9
149.7
150.8
151.3
152.3
154.1
153.9
154.3
154.4
153.3
154.
153.5

2.7
2.0
2.5
2.8
2.5
3.1
2.6
2.8
2.8
3.0
3.5
3.0

497.7
497.7
500.1
500.6
501.6
505.0
504.1
504.0
506.0
508.5
513.7
513.8

495.1
487.0
491.6
495.4
491.8
497.5
497.2
494.8
499.1
500.4
503.6
510.9

327.2
326.5
328.9
329.1
329.8
330.2
330.2
330.5
332.2
334.7
334.3
337.2

165.0
158.0
159.8
163.2
159.0
164.2
164.5
162.3
164.0
163.3
166.7
170.7

10.8
10,3
10.5
10.2
9.7
10.7
10.9
10.6
11.2
10.8
11.4
11.6

154.2
147.7
149.3
153.0
149.3
153.5
153.6
151.7
152.8
152.5
155.3
159.0

2.9
2.4
2.8
3,2
3.1
3,0
2.5
2.0
2.9
2.5
2,5
3.1

502.6
493.5
498.0
502.2
499.2
504.5
504.0
501.8
506.1
508.3
511.9
519.3

1976— Jan
Feb.
Mar
Apr
May
June . , .
July
Aug.
Sept.
Oct
Nov
Dec. . .

506.0
507.9
508.0
509,7
508.1
513.0
514.1
514.2
515.6
520.0
,124.9
529.6

338,1
339.5
339.7
339.9
338.7
341 .9
343.5
341.7
343.3
346.2
350.2
335.0

165.2
165.6
165.8
167.2
167.1
167.5
167.9
168.6
168.7
170.4
170.7
171.4

11.8
11.6
11.3
11.2
11.5
11.4
11.4
11.9
12.0
12.8
12.3

n.o

154.
153. J
154. >
155. !>
155. !>
156.0

2.7
2.7
2.5
2.6
2.3
3.6
2.7
3.9
3.6
3.4
4.0
3.2

513.9
515.8
516.3
517.2
515.6
521.4
522.8
523.1
523.8
529,0
534.0
538.8

511.1
504.2
506.4
511.9
506.0
512.7
513.9
511.3
514.9
518.9
522 . 5
534.8

337.9
337.5
339.6
340.2
339.9
342.5
343.7
342.7
344.1
346.7
347.6
353.6

170.3
163.4
163.9
168.8
163.4
166.7
167.7
165.9
167.2
169.5
171.9
177.9

11.7
11.6
11.2
11.2
10.6
11.3
11.6
11.3
12.0
11.9
13.1
13.0

158.6
151.8
152.7
157.6
152.8
155.4
156.1
154.5
155.2
157.6
158.7
164.9

2,9
3.4
2.9
2.9
2,7
3.6
2.5
2.7
3.6
2.9
3.0
3.3

519.0
512.2
514.7
519.4
513.6
521.2
522.7
520.2
523.1
527.9
531.5
544.0

. ,.

1973—Jan
Feb..
Mar
Apr.
May
June.
July.
Aug
Sept
Oct..
Nov
Dec. . . .
1974—Jan . .
Feb. .
Mar
Apr
May..
June .
July
Aug.. .
Sept
Oct
Nov
Dec

.
..
. ..

. . .




156.:;

157.;;
156. 1
158. *
157. S
159.

63

15. Loans and investments of all commercial banks

A. Seasonally adjusted
Billions of dollars; last Wednesday of month except for June 30 and December 31, which are call dates.
1972

Category

"7

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Loans and investments l
Including loans sold outright 2 .

491.3
494.3

496,5
499.4

502.8
505.6

508.3
511.0

514.4
516.8

518.5
520.8

523,1
525.4

528.9
531.3

Loans : 1
Total
Including loans sold ourtight ". .
Commercial and industrial
Including loans sold outright 2 .

325.6
328.6
116.5
118.2

328.4
331.3
117.3
119.0

333.0
335.8
118.4
120.2

337.6
340,3
119.9
121.6

341.3 345.0
343.7 347.3
120.8 3121.6
122,3 2123.0

349.3
351.6
122.2
123.6

Investments:
U.S. Treasury
Other...

60.2
105.5

61.2
106.9

61.6
108.2

62.0
108.7

62.9
110.2

...

62.9
110.6

Sept.

Oct.

Nov.

Dee.

535,1
537.4

541.4
543.6

549. 6
552.1

558.0
560.6

353.6 \ 359.® 'l
356.0 , 362.1 i
123.1 124,0
124.6 j 125.5 !

365.9
368.1
126.2
127.6

372.8
375.3

in. \
129.7

378.9
381.5
130.2
131.9

62.1
111.7

62.3 ' 61.3
113.0 114.1)

60,8
114.7

60,8
116.0

62,6
116. S

July

Aug.

Sept. I Oct.

Nov.

Dee,

i

1973
Jan.

Feb.

Mar.

Apr,

May

June

Loans and investments 1. .
Including loans sold outright 2 . .

565.5
568.1

575.1
578.2

582.4
585.6

589.2
592.8

596.3
600.0

602.0
605.5

609.2
613.2

616.0 620.0 624.7
620.7 ; 624.6 | 629.3

628.1
632.4

633.4
637,7

Loans:
Total >
Including loans sold outright J
Commercial and industrial
Including loans sold outright 2 .

386.1
388.7
133.4
135.1

396.9
400.0
137.9
140,0

404.5
407.7
141.8
143.8

411.4
415.0
144.1
146.4

416.9
420.6
146.4
148.6

421.1 428.4
424.6 432.4
148.5 j 151.3
150.7 ; 153. B

434.9 '• 438.8 : 441.5
439.6 443.4 ! 446.1
153.0 153.4 153.5
155.9 , 156.4 156.4

444.8
449.1
154.7
157.4

449 . 0
453.3
156.4
159.0

Investments :
U.S. Treasury, . . .
Other

62.4
117.0

60.8
117.4

60.5
117.4

60.2
117.6

60.2
119.2

60,8
120.1

57.5
123.6

55.6
127.7

54.5
129.5)

Nov.

Dec,

1

59.0
121.8

56/3 ' 55.9
124.9 ' 127.3

1974
Jan.

Feb.

Loans and investments l
Including loans sold outright 2

639.5
643.9

647.3
652.3

Loans: 1
Total
Including loans sold outright 2
Commercial and industrial
Including loans sold outright 2

452.9
457.3
157.9
160.5

458.3 466.7
463.3 471.6
1 59 . 5 165.2
162.2 168.0

Investments:
U.S. Treasury . . .
Other

55.2
131.4

56.5
132.5

i Mar.

July

Aug. j| Sept.

671.8 '677.5
677.5 '682.9

687.5
692.9

692.3
697.6

690.9
696.1 3697 .'l

690.4
695.2

476.8
482.2
169.9
173.0

480.8 '485.5
486.5 '490,9
172.3 174.9
175.4 177.8

495.4
500.8
178.1
181.0

500,3 ! 500.1 ! 501.9 »503.0
505.6 505.4 507.1 5507.9
180.6 \ 181.3 183.0
183.5 184.2 , 185.8 5186"!7

500.2
505.0
183.3
186.0

56,1
133.5

56.2
55.4
134.8 n36.6

55.0
137,1

54.9
137.1

49.7
52.0 • 50.6
137.7 : 138.4 H39.5

50.4
139.8

Nov.

Dec,

716.3 722.2
721.0 j 726.9

725.5

Apr.

656.5 i 666.4
661.4 671.8

56.8
133.0

May

June

:

;

689.8
695.1

Oct.

1975
Jan.
Loans and investments '. . .
.
Including loans sold outright B
Loans: ]
Total
Including loans sold outright a
Commercial and industrial .
Including loans sold outright 2
Investments:
U.S. Treasury
Other

Aug.

705.0
709.7

705.8
710,3

709.3
713.8

490.8
495.5
176.7
179.6

489.9 i 490.2
494.4 494.7
176.7 176.5
179.5 179.3 '

May

June

! 690.5 692.5
1 695.1 i 697.0

695.1 ! 698. 8
699.8 703.4

700.6
705.3

501.0 i 498.9
505.6 503.4
184.1 182.5
186.8 185.2
j

496.2 495.0
500.9 ,1 499.6
180.8 180.5
183.6 183.3

492.2
496.9
178.7
181.5

Mar.

{

July

Apr.
___

Feb.

67.4
71.5
| 141.0 , 142.7

49.5 f 53.2
58.3
140.0 140.4 140.6
:
_ „

72.3
143.6

:

Sept. i Oct.

;

712.7
717.2

721.1

491.5 , 495.0
496.0 499.7
175.4 ' 176.3
178.2 179.2

498.5 j] 496.9
503.2 501.3
177.1 176.0
179.9 178.5

75.0 •! 76.7 i 76.0
144.1 - 144.5 145.3

76. 8 i 79 . 4
146.9 144.8

Aug.

Nov.

i<j 76
^~
Feb. l Mar.
Apr.

Jan.
l

Loans and investments
Including loans sold outright a
Loans:
Total i
Including loans sold outright a
Commercial and industrial
Including loans sold outright 2
Investments :
U.S. Treasury
Other

64




723.9
728.2

1

497.9
502.2
176,7
179.2

81.0
145.0

i

728.0
732.5

733.5
737.7

May

740.3 744.0
744.5 i 748.4

June i July
748.8
753.3

751.4
755.9

758.0 762.9
762.0 , 766.8

771.6 i 778.8
775.4 782. 6

784.4
788,2

512.1
516.6
172. E
175.6

516.0 , 520.8 ,|
520.0 : 524.7 •
173.1 :1 174.1
175.6 176.6 i
j
95.6 ;! 94.9 •
146.4 i 147.2 ,

529.6
533.4
176. B
179.2

533.1
536.9
179.0
181.4

S42//
179.5
181.9

94.4
147.6

95.4
150.3

97 . 3
148.2

498.9 501.7
503.4 505.9
175.3 6171.7
178.0 "174.3

505.8
510.0
171.8
174,4

506.5 509.3
510.9 i 513.8
172.2 172.1
174.9 174.9

84.5
144.6

90.2
144.3

93.1
144.4

88.3
143.5

Sept. ! Oct.

94.7
144,8

1

93.2
146.1

15. Loans and investments of all commercial banks—Continued
B. Not seasonally adjusted
Billions of dollars; last Wednesday of month except for June 30 and December 31, which are call dates.
19 72

Category

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec,

Loans and investments 1
Including loans sold outright 2

490.1
493.1

492-4
495,3

SOI. 5
504.3

506.6
509.3

513.7
516.1

521.6
523.9

521,4
523.7

525.8
528.2

535 0
537.3

540.3
542.5

549.9
552.4

571.4
574.0

Loans : l
Total . , . .
Includmg loans sold outright 2
Commercial and industrial
Includmg loans sold outright 2

322,6
325.6
115.2
116.9

324,3
327,2
116,1
117-8

330.5
333.3
118.4
120,2

335.1
327.8
120.1
121.8

341.6 349.8
344.0 352.1
120.8 3123.2
122.3 M24.6

350.3
352.6
122.3
123,7

353,7
356.1
122.2
123.7

360,7
363.0
124.2
125.7

365.2
367.4
125.8
127.2

371.8
374.3
127.6
129.2

387.3
389.9
132.7
134.4

Investments;
U.S. Treasury
Other

62.7
104.8

61,9
106]2

62.5
108 5

61.9
109.7

61.2
110.9

59.6
111.5

59.3
112 8

60.3
114 0

60.9
114 2

63.2
114 9

67.0
117 1

. . . .

60.3
111.5

19 73

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Loans and investments 1
Including loans sold outright 2

565.6
568.2

571.1
574.12

580.6
583.8

587.3
590.9

594.8
598.5

605.6
609.1

607.4
611.4

613.4
618.1

619.9
624.5

624.0
628.6

628.2
632.5

647.3
651.6

Loans :
Total i . . , . .
.
....
Including loans sold outright 2
Commercial and industrial.
2
Including loans sold outright

383,5
386.1
132.0
133.7

392.6
395. R
136.6
138.17

401.7
404.9
141 7
143.7

408.3
411.9
144.4
146,7

416.6
420.3
146 4
148.6

426.6
430.1
150.4
152.6

429.3
433.3
151.6
154.1

435.2
439.9
152.0
154.9

440.1
444.7
153.8
156.7

440.9
445.5
152.9
155.8

443.9
448.2
154.1
156.8

458.5
462.8
159,2
162.0

Investments :
U.S. Treasury
Other.

65.6
116 5

61.6
116 8

61.2
117 7

60.4
118 6

58.3
119 9

57.9
121 1

56.4
121 7

54.9
123.3

55.1
124 8

56.0
127.0

57.8
126.5

58.3
130.6

Oct.

Nov.

Dec.

.

.

19 74

Jan.

Feb.

Mar,

Apr.

May

June

July

Aug.

Sept.

638 4
642.8

642 1
64?! 3

654 0
658 9

664 2
669 6

669 8
675.5

'681 6
^687,0

686.3
691.7

689 4
694.7

689.5
694.8

689.5 5692 . 2
694.7 &697 . 1

705.6
710.4

Loans : 1
Total . . . .
Including loans sold outright 2
Commercial and industrial .
Including loans sold outright 2

448 9
453.3
156 2
158.8

452. 7i
457.7
157.9
160.61

463 0
467.9
164 9
167 7

473.0
478.4
170 2
173.3

480.3 H91.8
486.0 H97 . 2
172.3 177.2
175.4 180.1

497.2
502.6
178.4
181.3

500.6
505.9
179.4
182.3

501.2
506.5
181.5
184.4

500.7
505.9
182.0
184.8

6502.0
6506.9
H83.2
5
186.0

510.7
515.5
186.8
189.5

Investments :
U.S. Treasury
Other

58 8
130 7

57.7
131 7

57 5
133 5

56 4
134 7

54.1
135 5

52.1
137 6

52.2
136.9

52.0
136 8

50.7
137.6

50.7
138.1

52.1
H38.1

54.5
140.5

Loans and investments Including Jloans sold outright

2

.

4

19 75

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Loans and investments
Including loans sold outright 2

689 1
693.7

686 8
691.3

692 5
697.2

698 1
702.7

698 3
703.0

709.3
714.0

703.9
708.4

706.1
710.6

712.5
717,0

714.6
719.3

722.4
727 .1

737 0
741.4

Loans :
Total '. . . . „ .
Including loans sold outright 2
Commercial and industrial
Including loans sold outright 2 .

496 5
501.1
181.9
184 6

492 8
497.3
180.7
183.4

492 3
497.0
180 5
183 3

493 1
497.7
181.1
183 9

491 6
496.3
178.7
181.5

497.2
501.9
179.0
181.9

491.1
495.6
176.7
179.5

490.3
494.8
175.3
178.1

492.8
497.3
175.8
178.6

493.7
498.4
175.3
178.2

497,6
502.3
176.5
179.3

507.4
511.8
179.3
181.8

Investments :
U.S. Treasury
Other
,

53.5
139 1

54.5
59.3
139.5 1 140 9

63.3
141 7

65.0
141.7

68.2
143.9

69.4
143.4

72.0
143.8

75.4
144,3

75.9
144.9

79.4
145.4

84.1
145,5

1

19 76

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

722.0
726 3

722.1
726.6

731 9
736 1

737 9
742 1

741.6
746 0

753.3
757 8

748.6
753.1

755.4
759.4

763.3
767.2

770.1
773.7

778.5
782.3

801.6
805.4

Loans : 1
Total . . . .
Including loans sold outright 2
Commercial and industrial
Including loans sold outright 2

493 i
497.4
174 5
177.0

492 9 498 8
497.4 6503.0
173.7 171 6
176.4 |n?4.2

502 0
506.2
171 9
174.5

505 8
510.2
172 3
175.0

515 9
520.4
174 4
177.2

512 6
517.1
172 5
175.3

516 8
520.8
172 4
174.9

522 8
526.7
174.6
177.1

528.5
532.3
176.2
178.6

531.9
535.7
178.3
180.7

550.2
554.0
182.9
185.3

Investments :
U.S. Treasury
Other

84 8
144 1

85 5
143 7

90 4
145 4

90 8
145 0

91 4
146 0

90 1
145 9

92 5
146 1

93 5
147 0

94.4
147.1

98.0
148.6

102.5
148.9

Loans and investments l. . .
Including loans sold outright




2

89 4
143 6

65

16. Commercial bank assets and liabilities—Last-Wednesday-of-month series

A. All commercial banks
Billions of dollars, except for number of banks
19 72

Account

Loans And investments
Loans, gross.
Investments:
U.S. Treasury securities
Other

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

508.2
340.7

511.4
343.3

522.8
351.8

525.7
354.1 j

532.3
360.1

542.7
370.9

542.9
371.8

547.9
375.8

556.4
382,1

561.3
386.2

62.7
104.8

61.9
106.2

62.5
108.5

61.9
109.7

61.2
110.9

60.3
111.5

59.6
111.5

59.3
112.8

60.3
114.0

60.9
114 2

92.7

96.1

91.2

95.0

100.9

99.5

91.6

91.8 i

91,7

102.8

26.8
21,5
36.2

26.2
25.5
36.3

28.5
24.3
30.4

30.5
23.5
32.8

29.5
26.3
36.9

27.1
26.5
39.1

27.7
23,8
31.4

28.7
24.0
30.4

26.6
24.9
31.3

31.7
26.8
35.4

Total assets—total liabilities and capital ». . , .

624.8

631.3

639.0

645.4

659.1

667.1

660.3

665.9

674.8

691.9

Deposits

521 3

524 3

526 2

533 3

544 7

552,5

544 9

546 7 '

556 5

567 6

26.1
10.5
208.5

28.2

28.8

27.2

27.1

26.9

29.0

215.4

219.1 1

211.1

211.0

213,1

221.4

Cash assets
,
Currency and coin
.
Reserves with F. R. Banks
Balances with banks
Cash items in process of collection. . .

Demand:
Interbank,
U.S. Govt....
Other

8.3

.

. ,
. .

Time:
Interbank. . . . .
Other

8.1

28.5

31.1

26.4

205.2

204.1

205.4

7.3

9.3

3.0

3.0

Borrowings . . .

. . .

Total capital accounts 2

, .

MEMO: Number of banks.

8.1

8.7

3.0

275,4

278.9

26.4

29.2

32.9

46.6

47.1

47.5

13,787

13,799

13,806

282.6

8.2

2.9

285.3

8.3

8.4

3.0

9,1

Investments:
U.S. Treasury securities. . .
Other
Cash assets. . .
Reserves with F R Banks
Balances with banks
Cash items in process of collection

. .

8.3

3.1

3.3

289.7

292.5

31.6

33.3

33.2

34.4

47.8

48,3

50.1

49.4

13,823 ] 13,838

13,875

13,877

295,0

8.8

3.8

3.4

8.8

9.5

3.9

8.9

7.5

3.8

303.2

305.9

36.1

33.5

39.7

49.8

50.1

50.7

13,898

13,910

13,911

301.4

19 73

19 72

Loans and investments
Loans, gross. .

8.7

6.8

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

574.2
396.2

598.8
414.7

591.3
409.2

600.0
421.5

608.3
429.4

616.5
437.5

622.3
444.1

635.8
456.8

634.7
456.6

641,1
462.9

63.2
114.9

67.0
117.1

65.6
116.5

61.6
116.9

61.2
117.7

60.4
118.6

58.3
119.9

57.9
121.1

56.5
121.7

54.9
123.3

91.5

113.1

9.6

23.9
25.5
32.5

96.5

99.6

91.0

91.6

95.4

103.6

95,9

92,0

26.1
33.0
45.4

26.3
26.6
34.8

27.2
27.7
36.0

26.9
25,0
30.2

25.9
25.1
31.5

24.2
26.3
35.5

25.1
30.7
40.1

27.7
26.1
32.5

28.0
24.5
29.7

8.7

8.8

8.7

8.9

9.2

9.4

7.7

9.5

9,8

Total assets -total liabilities and capital » . . . .

694.1

739.0

716.7

729.7

729.3

738.7

749.5

769.9

762.4

766.3

Deposits

572 2

616 0

589 9

598 5

596 7

604 6

611 9

629 2

619 2

619 5

27.1

33.9
10.9
252.2

29.3
10.4
228 0

29.5
11.4
227 2

26.0
11.4
220 3

26.2
10,9
225 2

1
27.8 1
5.8 1
229 1 «
1

31.0
10.4
237.0

28.7

26,5

228 5

224 8

5 8
349.4

358. 2

Demand :
Interbank, . ,
U.S. Govt.
Other
Time :
Interbank. ...
Other
Borrowings.
Total capital accounts 2
MEMO: Number of banks

66



7.8

.. . .
.

225.0
. .
. . ,

6.8

3.5

308.4

314.9

3 9
318.3

4 2
326.3

4 5
334.5

49
337.4

344.0

5.3

5.6
345.2

38.4

38.1

42.7

45.5

45.4

45,8

47 . 4

49.3

52.6

51.2

52.7

52 4

52 8

53 3

53 8

54 2

55 7

54 9

53.2
55 4

13,924

13 , 927

13,939

13,952

13 974

13,998

14,018

14,046

14,069

14,083

3.9

4.2 1

6 6

16. Commercial bank assets and liabilities—Last-Wednesday-of-month series—Continued

A. All commercial banks—Continued
Billions of dollars, except for number of banks
19 74

19 73

Account

Loans and investments .
Loans, gross
Investments :
U S Treasury securities
Other
Cash assets
Currency and coin .
.
...
Reserves with F. R. Banks
Balances with banks
Cash items in process of collection
l

Total capital accounts 2

.

MEMO* Number of banks

Dec.

Jan.

Feb,

Mar.

Apr,

May

June

646,7
466.8

654.4
471.3

659.3
475.0

683.8
494.9

674.6
485.1

681.4
492.0

691.1
500.1

699.3
508.1

703.8
514.3

718.7
529.0

55.1
124.8

56.0
127,0

57.8
126.5

58.3
130.6

58.8
130.7

57.7
131.7

57.5
133.5

56.4
134.7

54.1
135.5

52.1
137.6

100 0
9.7
31,2
26.5
32.7

111 7
9.6
32.0
31.0
39.2

104.1
10.5
29.6
28,8
35.3

118.3
10.7
27.8
35.1
44.6

103.1
9.9
30.8
28.4
34.0

102.4
9.9
28.3
28.9
35.3

104 4
9.7
28.4
29 7
36.6

102.4
10.0
29.5
29.6
33.3

115 6
10.4
33.4
31.7
40.1

126.5
8.4
30.1
35.8
52.2

800.8

797.2

835.2

811.7

818.7

831.5

838.7

857.7

884.3

646.0

638.7

681.8

652.3

652.7

661 2

669.7

683.2

709.9

27.7
8.2
228.4

32.8
5.7
241.1

30.1
4.4
238.5

36.8
9.9
263.4

31.7
9.5
233.5

31.6
6.7
233.2

32.0
6.1
235 8

31.5
5.9
236.2

34.9
5.9
238 2

42.0
8.4
252 4

. .

7.2
358.8

6.8
359.6

7.0
358.7

6.8
365.0

6.6
371.0

6,2
375.0

6.5
380,7

7.3
388.9

8.2
396 0

8.9
398.2

, ..

Borrowings

Nov.

779.7

Deposits

Time:
Interbank
Other

Oct.

630.4

Total assets — total liabilities and capital

Demand :
Interbank
U.S. Govt
Other

Sept.

.

...

56.3

60,6

62,9

59.0

65.8

68.1

69.9

67.6

69.9

67.5

.

...

55.6

56.5

56.7

58.1

58.4

58.7

59.3

60.0

60.3

61.6

.

...

14,102

14 , 134

14,163

14,171

14,180

14,202

14,236

14,261

14,290

14,337

19 74

Loans and investments
Loans, gross

.

,

Investments:
U.S. Treasury securities
Other
Cash assets
...
Currency and coin
Reserves with F. R. Banks
Balances with banks
Cash items in process of collection. . . . . . . .
Total assets — total liabilities and capital

1

Deposits

.

19 75

July

Aug.

Sept,

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

720.7
531.6

722.1
533.3

721.2
532.9

723.3
534,5

729.6
539.4

744.1
549.2

724.8
532.2

725,5
531.4

731.7
531.4

731.1
526.1

52.2
136.9

52.0
136.8

50.7
137.6

50.7
138.1

52.1
138.1

54.5
140.5

53.5
139.1

54.6
139.5

59.3
140.9

63.3
141.7

107.9
10.2
27.4
30.5
39.8

100.6
10.6
27.5
28.6
33.9

107.4
10.5
32.4
29,3
35.2

110.8
10.8
30.9
30.8
38.2

116.2
10.0
3K9
31.7
42.7

128.0
11.7
27.1
42.0
47.3

101.7
10,9
30.2
28.8
31.9

103.9
10.5
30.5
29,2
33.7

105.9
10.6
30.5
30.4
34.3

114.1
10.4
32.2
33.4
38.2

872.6

865.7

873.7

880.8

894.5

919.6

875 0

879.1

889 4

899.1

695.2

688.5

692.8

700.4

708.2

747.9

702 2

702.5

712.5

723.1

33.6
4.4
243.9

30.5
4.1
235.8

29.8
7.4
236.6

33.2
3.1
243.1

34.2
3.9
248,7

43.5
4.8
267.5

30.0
4.5
233 9

29.9
2.6
234.6

30.4
4.0
236.9

33.1
7.9
242.6

9.7
403.7

10.0
408 . 1

10.6
408,5

10.2
410.9

10.3
411.0

11.5
420.6

11.7
422 1

10.4
424.9

11.7
429.6

11.9
427.6

Bo rro wi n gs

68.0

67.2

67.9

68.4

71 5

58.4

61 5

64.3

63 4

61 3

Total capital accounts 2

61.5

61.5

61.9

62.2

62.2

63.7

64.1

64.5

65.2

65.1

14,367

14,383

14,398

14,422

14,440

14,465

14,477

14,499

14,525

14,537

.

Demand :
Interbank
U.S. Govt.
Other
Time:
Interbank
Other . .

MEMO ' Number of banks




..

.

..

•
...

67

16. Commercial bank assets and liabilities—Last-Wednesday-of-month series—Continued

A, All commercial banks—Continued
Billions of dollars, except for number of banks

1975

Account
May

June
1

1976

|

July

Aug.

Sept.

Oct.

Nov.

Dee.

Jan.

Feb.

738.1
525.3

741.6
525.8

744.0
524.3

747.3
526.4

757,5
532.7

775.8
546.2

757.4
528.4

759,0
529.8

...

733,7
527.0

747,6
535.5

Investments:
U.S. Treasury securities. . . .
Other

65.0
141.7

68.2
143.9

69.4
143.4

72.0
143.8

75.4
144.3

75.9
144.9

79.4
145.4

84.1
145.5

84,8
144.1

85.5
143,7

Cash assets
Currency and coin
...
Reserves with F. R. Banks
Balances with banks
Cash items in process of collection

114.4
11.0
29.6
33.4
40.5

128.7
10.1
26.9
42.3
49.4

106.8
11.2
28.5
32.1
35.0

104.8
11,4
26.9
32.1
34.4

106.2
110.7
11.2
11.5
29.2 ! 29.0
33.2
34.0
32.6
36.2

123,2
10.7
31.0
37.2
44.3

133.6
12.3
26.8'
47.3
47.3

113.7
11.6
29.4
37.0
35.7

112,4
11.4
29.4
35.6
36.1

Total assets -total liabilities and capital l

901.3

930.7

899.6

900.9

906.4

915.9

939,3

964.9

928.9

931.3

Deposits

725.6

754.3

723.7

724.7

726.8

736.9

753.0

786.3

743.5

741.9

Demand :
Interbank
U.S. Govt
Other

32.5
3.0
246.4

42.6
3.1
264.0

33.2
2.2
243.0

31.3
31.5
3.2
2.8 1
240.6
242.6

31.9
2.7
247.6

34.6
3.5
257.6

41.8
3.1
278.7

32.1
3.8
245.7

31.5
4.0
243,3

Time :
Interbank, .
Other.

11.2
432.5

11.2
433.4 i

10.8
434.5

10.6
437.1

11.0
440.8

11.2
443.5

11.2
446.1

12.0
450.6

11.5
450.4

,1.4
451.7
68. 8

Loans and investments
Loans, gross

. .

...

Borrowings

61.7

62.4

61.9

59.9

61.0

60.6

66.8

60.2

67.7

Total capital accounts 8

65.1

66.6

66.1

66.6

67.0

67.6

68.0

69.1

68.9

69.2

14,558

14,573

14,583

14,595

14,612

14,628

14,624

14,633

314,612

14 t 625

Oct.

Nov.

Dee.

M£-:MQ: Number of banks

1976
May

June

July

771.7
535.9

774.0
538.3

789.4
552.1

781.5
545.6

791.6
553.1

800.8
560.2

808,0
566 . 5

817.6
571.0

846.4
594,9

89.4
143.6

90.4
145.4

90.8
145.0

91.4
146.0

90.1
145.9

92.5
.46.,

93.5
147.0

94.4
147.1

98.0
148.6

102.5
148.9

Cash assets . . . .
Currency and coin
Reserves with F. R. Banks
Balances with banks
...
Cash items in process of collection

121.6
11.3
27.7
40.3
42.5

27^8
36,1
38.0

112.8
12.1
26.2
37.0
37.4

128.4
12.0
28.2
42.7
45.5

Mil
28.0
34.3
36.9

109.9
12.1
25.4
36.7
35.7

119.8
12.4
29.8
37.©
40.7

116.9
12.7
26.4
3S.2
39.7

127.0
11.9
29.1
42.5
43.5

136.1
12.1
26.0
49,6
48 ,,4

Total assets -total liabilities and capital l

937.7

930.3

932.0

963.6

941.1

948.8

969.7

973.7

995.7 1,030.7

Deposits

768.1

755.7

757.3

788.5

765.8

764.7

779.2

784.4

796.5

838 . Z

Demand :
Interbank
U.S. Govt
Other

37.7
2.4
257.3

32.2
251 A

32.8
3.4
249.2

38.5
4,6
268.2

32.7
3.5
252.2

32.9
3.7
249.5

34.6
5.8

34.0
3.7
260.8

39.1
3.4
264.0

45.4
3.0
288.4

Time :
Interbank
Other

11.9
458.9

11.0
457.1

10.5
461.3

10,7
466.5

10.2
467.2

9.7
468.9

9.6
473.9

9.2
476.6

9.1
481.0

9.2
492.2

»:!

76.7

84.6

80,2

74.3

74.7

78. a

14,660

14,674

14,671

Loans and investments
Loans, gross
Investments:
U.S. Treasury securities
Other

.

Borrowings
Total capital accounts

2

MHMQ: Number of banks

68



Mar.

Apr.

770.0
536.9

j
1

! Aug. | Sept.

63.6

68,6

66.2

67.2

66.9

72.6

70.6

70.7

71.5

74.6

72.6

73.0

14,629

14,633

14,638

14,637

14,636

14,650

14,656

16. Commercial bank assets and liabilities—Last-Wednesday-of-month series—Continued
B. Member banks
Billions of dollars, except for number of banks
19 72

Account

Loans and investments
Loans gross
Investments :
U.S Treasury securities
Other . .
Cash assets .
Currency and
Reserves with
Balances with
Cash items in

coin
F. R. Banks
banks
process of collection
1

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

397.9
272.5

400 3
274.5

409.0
281.2

409 9
282.3

414.5
286.3

422.4
294.7

422 1
295.3

425 4
297.8

432 2
303,0

435 5
306 0

45,7
79.8

45.1
80.7

45,5
82.4

44.6
83.0

44.4
83.8

43.7
83.9

42 9
83.9

42 7
84.8

43 5
85.6

43 7
85 8

80.6
6.3
26.7
12.1
35.3

83.3
6.2
26.2
15.5
35.3

78.7
6.1
28.5
14.6
29.5

82.3
6.2
30.5
13.7
31.9

87.5
6 3
29.5
15 9
35.8

86.4
5.1
27.1
16.4
37.8

79.0
6 5
27.7
14 4
30.5

79.1
6 6
28.6
14 2
29.5

78,5
6 7
26,6
14 9
30.3

88.2
6 7
31,7
15 5
34 2

498.6

503.7

508.7

513.1

523.5

529.6

522.6

526.1

532.7

546.6

411 5

413 3

413 1

418 7

427 4

433 6

426 1

426 7

434 6

442 8

Demand :
Interbank
U.S. Govt
Other. . ,

27.2
7.6
162.3

29.7
5.9
161.0

25.2
7.2
162.0

24.9
8.9
164.1

26.9
6.8
169.5

27.3
7.6
172.4

25.8
7.0
165.4

25.7
3.0
164.9

25.5
8.0
166.4

27.5
6.2
172.6

Time:
Interbank
Other. . „

2.6
211.7

2.6
214.0

2.6
216.1

2.5
218.3

2.7
221.5

2.7
223.5

2.9
225.0

3.0
230.2

3,5
231.2

3.4
233.1

Borrowings

25.4

28.2

31.8

30.4

31.9

31.8

32.8

34.4

32.0

37.9

Total capital accounts a

37.0

37.3

37.7

37.9

38.4

39.4

38.9

39.2

39.4

39.8

5,718

5,720

5,713

5,713

5,713

5,714

5,705

5,702

5,703

5,699

Total assets- total liabilities and capital
Deposits

MEMO; Number of banks

1973

19 72

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

446.6
314.5

465.8
329.5

458.8
324.6

465.0
334.6

471.0
341.0

476.7
346.9

480.4
351.2

490.5
360.9

489.2
360.8

494.2
365.9

45.8
86.4

48.7
87.5

47.3
86.8

43.7
86.7

43.3
87.1

42.5
87.4

41.0
88.1

41.0
88.5

39.3
89.1

38.2
90.0

78.6
7.2
23.9
15,8
31.6

96.6
6.6
26.1
20 0
43.9

82.5
6.7
26.3
15,8
33.7

85.4
6.6
27.2
16.8
34.8

77.7
6.7
26.9
14.8
29.2

78.2
6.9
25.8
14.9
30.5

81.2
7.1
24.2
15.5
34.3

88.2
5,8
25.1
18.6
38.7

82.1
7.1
27.7
15,7
31.5

78.5
7.4
28.0
14.3
28.8

Total assets— total liabilities and capital 1

548.3

585.1

565.1

575.3

573.6

580.4

587.8

604.4

597.6

600.2

Deposits

446 4

482 1

458 9

465 5

463 0

468.4

473 6

486.8

478.4

478.3

25.8
6.5
175.7

32.0
9 0
197.8

27.8
8.5
177.7

28.0
9.4
176.5

24.5
9.4
170.5

24.7
9.2
173.7

26.1
4.5
176.8

29.3
8.2
182.4

27.9
5.4
175.3

25.0
2.7
172.1

3.5
235.0

3.6
239 8

3.3
241.8

3.5
248.0

3.9
254.7

4.2
256.6

4.6
261.6

4,9
262.0

5.1
265.4

5.9
272.6

49.3

Loans and investments
Loans gross
Investments :
U.S. Treasury securities
Other
Cash assets .
Currency and
Reserves with
Balances with
Cash items in

coin . ,
F. R. Banks
banks
process of collection

Demand :
Interbank
U S Govt
Other.
Time:
Interbank
Other

...

Borrowings. .

36.5

36.4

40,3

42.9

42.6

43.1

44.2

46.5

48.8

Total capital accounts 2

40 2

41 2

41 0

41 2

41 5

41.8

42.1

43.1

42.5

42.8

5,701

5,704

5,690

5,688

5,683

5,695

5,703

5,705

5,707

5,713

MEMO: Number of banks




...

69

16. Commercial bank assets and liabilities- -Last-Wednesday-of-month series—Continued

B. Member banks—Continued
Billions of dollars, except for number of banks
19 73

Account

19 74

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

498.3
368.8

504.1
371.9

507.1
374.1

528.1
391.0

518.5
381.3

522.8
385.9

530.0
392.5

535.9
399.1

538 8
403.6

550 4
415. 1

38.4
91.1

39.4
92.9

40.8
92.3

41.5
95,6

41.7
95,5

40,9
96.0

40.5
97.0

39.3
97.6

37 3
97.9

15 9
99,4

85.8
7.3
31,2
15.7
31.7

96.3
7.2
32 0
19.1
37 9

89.7
7.9
29 5
17.9
34 3

100.1
8.1
27 8
21.0
43 1

89.0
7.5
30,8
17.7
33.0

87.8
7.4
28 3
17.7
34 2

89.6
7.4
28 4
18 2
35 6

87.0
7.5
29 5
17.7
32 3

99,2
7 9
33 4
18 9
38 9

109.0
6 2
30 1
21 9
50 7

Total assets— total liabilities and capital J . . . . . .

611.4

628.7

624.3

655.9

635.2

639.2

649.1

6533

669.4

692.2

Deposits

487.0

499.1

491.4

526.8

501.3

500.1

506 6

512.8

524 8

547.0

26.2
6.7
175.0

31.1
4 6
185.3

28.5
3 4
182.9

34.8
8 3
202.6

30.0
7.6
178.5

29.8
5.1
178.7

30.1
4 8
180.9

29.4
4 7
179.9

32.5
4 7
182.1

39.2
6 6
193.6

6.5
272,6

6 1
271.9

6 3
270.3

5 8
275.4

5.7
279.5

5.3
281.3

5 6
285.3

6 4
292.4

71

298.3

7.8
299 . 7

Loans and investments
Loans, gross
.
Investments:
U.S* Treasury securities
Other

.

Cash assets . . .
....
Currency and coin
Reserves with F R Banks
Balances with banks
Cash items in process of collection

Demand ;
Interbank
U S Govt,
Other .

.....
.

Time:
Interbank
Other
Borrowings

52.5

56.8

58.9

55.6

61.6

63.9

65.4

62.9

64.8

62.8

Total capital accounts 2

43.0

43.6

43.8

44.7

44.8

45.1

45.5

45.9

46.1

46.9

5 718

5,723

5 736

5 735

5 744

5,747

5,754

5 763

5 763

5 761

MEMO: Number of banks

19 74

1975

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr,

552.6
418,1

552.8
418.7

550.8
417.6

548.6
415.9

556.1
421.4

568.5
429.5

550,2
414.4

549.1
412.1

553.0
411.4

550.8
406,7

35.9
98.7

35.9
98.2

34.7
98.5

34.8
97.9

36.4
98.3

38.9
100.1

37.5
98.2

38.6
98.4

42.5
99.0

45.1

91.4
7.5
27.3
17 9
38.6

84.9
7.9
27.5
16.7
32.8

91.0
7.9
32.4
16.7
34,1

93.7
8.1
30,8
17.8
37,0

98.6
7.5
31.8
18.0
41,3

107.0
8.8
27.1
25.5
45.6

86.4
8,1
30.2
17.2
30,8

88.4
7.9
30.5
17.5
32.6

89.7
7.9
30.5
18,1
33.2

96.7
7.8
32.2
19.9
36. H

Total assets—total liabilities and capital '

680.5

673.3

679.2

680.2

694.7

715.6

676.9

679.0

685.9

692,1

Deposits

533.8

527.6

531.2

535.1

542.5

575.6

536.3

535.3

542.1

549.8

31.2
3.1
186.4

28.5
3.0
179.4

27.8
5.8
180.1

31.0
2.1
184.6

32.4 [
41.1
3.2
2.9
204.2
189.7

28.3
3.2
177.7

28.2
2.0
178.6 1

28.6
2.8
180.2

31. 1
6.2
184.7

8.6
304,5

8.9
307.8

9,5
307.9

9.1
308.3

9.2
308.3

10.3
316.7

9.0
317,5

10,2
320.3 i

10.4
317.4

Loans and investments
Loans, gross
Investments:
U.S. Treasury securities
Other
Cash assets . ,
,
.
. . . .
Currency and coin .
Reserves with F R, Banks . „ .
Balances with banks
Cash items in process of collection.

Demand:
Interbank
U.S. Govt.
Other . .

.

Time :
Interbank
Other,

... ,

...

. . .

10.1
317.1

98. y

Borrowings

63.0

61.8

62.2

60.8

65,4

52.9

56,1

58.9

58.0

55.7

Xotal capital accounts •

46 9

46.8

47,1

47,1

47.3

48.2

48.4

48.7

49.2

49.2

5,766

5,766

5,774

5,775

5,774

5,780

5,783

5,785

5,785

5 , 789

MEMO: Number of banks .

70



16. Commercial bank assets and liabilities—Last-Wednesday-of-month series—Continued
B. Member banks—Continued
Billions of dollars, except for number of banks
19 75

Account

Loans and investments
Loans gross
Investments :
U S Treasury securities
Other

19 76

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

551.3
405.8

562.7
412.9

552.7
403.1

554.0
402.3

555.1
400.7

556.4
401,5

564.0
405.8

578 6
416.4

563.4
402,0

562.9
401.7

46.9
98.5

49.6
100. 1

49.9
99.7

51.9
99.8

54.3
100.0

54.5
100.3

57.5
100.7

61.5
100.7

61.7
100.0

61,9
99.3

96.5

107.2

89.7

87.2

88.0

91.4

102.1

108 5

93.8

91 9

29.6
19.5
39.2

26 9
25.1
47.6

28.5
19.1
33.8

26.9
18.6
33.2

29 2
18.9
31 5

29 0
18.9
34.9

31 0
20.4
42 8

26 8
26.9
45 5

29 4
21.2
34 5

29 4
19.1
34 8

Total assets— total liabilities and capital l

691.5

716.4

687.8

686.3

689.7

695.3

714 1

733 6

705 1

704 4

Deposits

550.0

573.4

546.4

545.0

546.4

552.6

564.8

590.8

556.3

552.9

Cash assets
Currency and coin
Reserves with F R Banks
Balances with banks
.
Cash items in process of collection

8.2

. . . .

Demand :
Interbank
U S Govt
Other
Time:
Interbank
Other
Borrowings

.

Total capital accounts 2

. . .

MEMO' Number of banks

8.5

8.4

8.6

8.0

9.2

8.7

8.6

30,2

39.8

31.0

29.3

29.2

29.6

32.1

38.6

29.7

29.1

201.2

184.2

183.3

181.3

186.9

194.5

210,8

185.8

183.5

328.4

328,0

62.1

9.8

• ••

8.3

187.4

2.2

.

7.5

2.2

9.6

320.4

320.6

1.5

9.2

2.1

8.9

320.5

321.4

2.3

9.4

324.2

2.0

2.7

2.3

324.7

326,0

9.5

10.0
329 1

9.6

2.9

9.5

3.0

9.4

56.1

56.3

56.1

54.2

54.9

54.3

60.2

53.6

61.0

49.2

50.3

49.9

50.3

50.5

51.0

51.2

52.1

52.2

52.3

5,790

5,794

5,796

5,792

5,792

5,796

5,791

5,788

5,766

5,769

19 76

Loans and investments
Loans gross
Investments:
U S Treasury securities
Other
.
Cash assets
Currency and coin
Reserves with F R Banks
Balances with banks
Cash items in process of collection

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

....

569.9
406.1

569,4
404.2

569.2
404.5

580.8
414.4

572.3
407.5

580.3
412.9

585.7
417,2

590.7
421.6

597.6
424.0

620.5
442.9

. .-

64.6
99.1

64.9
100.3

65.0
99.7

66.0
100.3

64.5
100.3

66.7
100.7

67.0
101.5

67.7
101.4

70.8
102.8

74.6
103.1

••

100 . 5

93.7

92.3

105.9

92.3

89.4

98.9

94 9

103.0

....

27.7
23.3
41,0

27.8
20.1
36.7

26.2
20,9
36.1

28.2
24.8
43.9

28.0
19.6
35.5

25.4
20.5
34.3

29.7
20.6
39.3

26.4
20,9
38.2

29.1
23.3
41.8

108.9
9 1
26 0
27 4
46 5

....

8.5

9.1

9.1

9.0

9.2

9.0

9.2

9.5

8.9

Total assets—total liabilities and capital »

710.2

702.1

702.3

728.3

706.3

710.7

726.8

727.6

744.8

772.9

Deposits

573.9

561.1

561.2

586.2

565.2

562.3

573.9

576.1

584.8

618.7

Demand :
Interbank . .
U.S. Govt....
Other
,
Time:
Interbank
Other

.

. . .

34.9

29.9

30.7

36.2

30.7

30.9

32.7

32.2

37.2

42 4

194.9

189.4

187.0

202.0

188.7

185.9

191,0

194.7

196.0

215.5

1,8

9.8

3.3

9.0

2.7
8.5

3.7

8.6

2.7
8.2

2.8
7.6

332.4

329.6

332.3

335.6

334.9

335.1

Borrowings

57 5

62.0

59 6

60 5

60 3

Total capital accounts 2

53 . 2

53.8

54.5

56.2

55.1

5 779

5 776

5,778

5,777

5,768

MEMO: Number of banks




4.3
7.5

2.9
7.1

2.4
7.0

2.1

7.2

351.5

338.4

339.2

342.1

65 9

70.6

69 1

76.4

71 7

55.4

55.7

56.2

56.6

58.6

6,772

5 774

5 769

5,767

5,759

71

17. Commercial bank assets and liabilities—Summary data for call dates
Millions of dollars, except for number of banks

1974

1973

1972

19 75

19 76

Account
June 30

Dec. 31

June 30

Dee. 31

June 30

Dec. 31

June 30

Dec. 31

June 30

Dee. 31

Total insured banks
Loans and investments, gross
Loans :
Gross . . . .
Net
Investments :
U S Treasury securities
Other. . . .
Cash assets

539,093

594,502

630,379

678,113

709,904

734,516

736,164

762,400

773,696

827,692

368,275

411,525

452,587

490,527

521,424

541,111

526,272

535,170

539,017
520,970

578,712
560,069

59,984
110,833
98,252

66,679
116,298
111,333

57 , 532
120,261
101,716

57,961
129,625
116,266

51,832
136,648
123,536

54,132
139,272
125,375

67 , 833
142,060
125,181

83 , 629
143,602
128,256

90,947
143,731
124,072

101,459
147,520
129,578

Total assets/total liabilities 1

661,838

732,519

762,250

827,081

871,986

906,325

914,781

944,654

942,511 1,004,020

549,985

612,822

625,316

677,358

703,767

741,665

746,348

775,209

776,957

825,001

9,062
28,398
217,641

10,820
33,366
250,693

9,856
10,408
30,559
36,248
235,174 I 261,530

8,355
40,534
250,225

4,799
42,587
265,444

3,106
41,244
261,903

3,108
40,259
276,384

4,622
37,503
265,670

3,020
44,072
285,190

3,033
291,850

4,113
313,830

5,446
343 , 729

6,429
363,294

8,427
396,226

10,693
418,142

10,252
416,962

10,733
433,352

9,407
459,754

8,250
484,468

Borrowings , .
Total capital accounts

32,828
49,623

37,556
52,166

48,413
55,240

57,531
57,603

65,514
61,003

55,988
63,039

59,310
65,986

56,775
68,474

63,823
68,989

75,308
72,070

MEMO: Number of banks

13,669

13,721

13,842

13,964

14,108

14,216

14,320

14,372

14,373

14,397

428,167

441,135

443,955

476,602

312,229

315,738

315,624
305,275

340,679
329,968

37,606
78,331
75,686

46,799
78,598
78,026

49,688
78,642
75,488

55,729
BO, 1931
76,074

Deposits . . . .
Demand :
U.S. Govt
Interbank
Other.
Time :
Interbank
Other. .

..

....

,

1

National banks (all insured)
316,880

350,743

369,856

398 , 236

418,329

428,433

220,102

247,041

270,188

293,555

313,659

321,466

33,258
63 , 520
60,181

37,185
66,516
67,390

31,651
68,018
61,336

30,962
73,718
70,711

27,631
77,039
73,703

Total assets/total liabilities >

392,043

434,810

449,772

489,470

516,632

534,207

536,836

553,285

548,697

583,315

Deposits
Demand ;
U.S. Govt
Interbank
Other
Time:
Interbank
Other

322,288

359,319

364,129

395,767

407,915

431,039

431,646

447,590

444,251

469,378

5,695
15,715
128,454

6,646
19,096
146,800

6,181
16,640
137,116

5,955
20,357
152,705

5,038
20,086
145,954

2,437
23,497
154,397

1,723
21,096
152,576

1,788
22,305
159,840

2,858
20,329
152,382

1 , 674
23,148
163,347

1,838
170,586

2,155
184,622

2,874
201,318

3,876
212,874

4,912
231,925

6,750
243,959

6,804
242,492

7,302
250,493

5,532
263,148

4,909
276,298

22,816
28,713

26,706
30,342

33,804
31,867

39,696
33,125

48,123
34,966

39,603
35,815

41,954
37,483

40,875
38,969

45,183
39,502

54,420
41,323

4,606

4,612

4,629

4,659

4,693

4,706

4,730

4,741

4,747

4,735

132,388 j 140,373

134,759 i 137,620

Loans and investments, gross
Loans :
Gross . . . .
Net .
Investments :
U.S. Treasury securities. .
Other
... .
Cash assets

Borrowings.
Total capital accounts
MEMO: Number of banks

29,075
77,892
76,523 !

;

State member banks (all insured)
[

Loans and investments, gross . . .
Loans :
Gross . . . .
Net
Investments;
U.S. Treasury securities. . . .
Other. . .
Cash assets

105,895

115,426

121,052

130,240

136,915

144,000

75,047

82,889

91,095

97,828

101,732

108,346

100,968

100,823

98,889
96,037

102,278
99 , 475

10,450
20,398
26,248

11,530
21,008
29,176

9,429
20,527
26,891

10,532
21,880
29,387

8,303
22,353
35,268

9,846
22,181
30,473

1 2 , 004
21,787
31,466

14,720
22,077
30,451

16,323
21,702
30,422

18,847
22,874
32,859

Total assets/total liabilities 1

138,021

150,697

155,017

166,780

175,896

181,683

179,787

180,495

179,645

189,573

Deposits
Demand :
U.S. Govt
Interbank.
Other,
Time:
Interbank
Other

111,705

123,186

123,016

131,421

139,446

144,799

141,995

143,409

142,061

149,481

1,935
11,595
43,965

2,378
12,862
51,017

1,986 j
12,671
45,322

2,318
14,425
49,859

1,586 1
19,125
47,690

746
17,565 1
49,807

443
18,751 ,
48,621 !

467
16,265
50,984

869
15,834
49 , 658

429
19,296
52,194

879
53,331

1,406
55,523

2,005
61,032

1,968
62,851

2,906
68,138 i

3,301
73,380 j

2,771 ;
65,654

2,712
67,656

3,074 :
72,624

2,384
75,177

8,936
10,645

9,651
10,886

12,725 i
11,231

15,914
11,617

14,713
11,980 ,

13,247
12,425

!

14.3SO ,
12,773

12,771 '
13,105

15,300
12,791

17,318
13,199

1,108

1,092

1,068

1,074

1,064

1,046

Borrowings
Total capital accounts
MEMO: Number of banks

72



1,076

1,076

I

1,029 ]

1,023

17. Commercial bank assets and liabilities—Summary data for call dates—Continued
Millions of dollars, except for number of bank$

1972

Account

June 30

1974

1973
Dec. 31

June 30

Dec. 31

June 30

1975

Dec. 31

June 30

1976

Dec, 31

June 30

Dec. 31

Insured nonmember banks
Loans and investments, gross
Loans:
Gross' . .
.
Net
Investments :
U.S. Treasury securities
Other
Cash assets

116,317

128,333

139,471

149,138

159,186

165,709

173,238

183,645

192,825

207,089

73,126

81,594

91,304

99,143

106,033

111,300

113,074

118,609

124,503
119,658

135,754
130,626

16,276
26,915
11,822

17,i964
28,774
14,767

16,452
31,716
13,490

16,467
34,027
16,167

15,898
37,255
14,565

15,211
39,199
18,380

18,223
41,942
18,029

22,109
42,927
19,778

24,934
43,387
18,161

26,882
44,451
20 , 644

Total assets/total liabilities »

131,774

147,013

157,461

170,831

179,457

190,435

198,157

210,874

214,167

231,130

Deposits
Demand :
U.S Govt
Interbank
Other
Time:
Interbank
Other

115,992

130,316

138,171

150,170

156,406

165,827

172,707

184,210

190,644

206,141

1,432
1,088
45,222

1,796
1,408
52,876

2,241
1,248
52,735

1,582
1,467
58,966

1,731
1,323
56,580

1,616
1,525
61,240

940
1,397
60,706

853
1,689
65 , 560

894
1,339
63,629

917
1,627
69,648

316
67,934

552
73,685

567
81,379

586
87,569

610
96,162

642
100,804

676
108,816

719
115,203

799
123,980

957
132,991

1,076
10,265

1,199
10,938

1,884
12,143

1,920
12,862

2,678
14,057

3,138
14,799

2,976
15,730

3,128
16,400

3,339
16,696

3,569
17,547

7,955

8,017

8,137

8,229

8 , 347

8,436

8,526

8,585

8,597

8,639

Borrowings
Total capital accounts
MEMO: Number of banks

...

Noninsured nonmember banks
Loans and investments, gross
Loans :
Gross
Net..
Investments:
U.S. Treasury securities
Other
Cash assets

4,192

4,865

5,915

6,192

9,269

9,981

11,725

13,674

15,905

18,819

3,230

3,731

4,732

4,927

7,987

8,461

9,559

11,283

13,209
13,092

16,336
16,209

274
688
1,220

349
785
1,794

345
838
1,892

316
949
2,010

282
1,001
2,951

319
1,201
2,667

358
1,808
3,534

490
1,902
5,359

472
2,223
4,362

1,054
1,428
6,496

Total assets /total liabilities 1

5,884

7,073

8,196

8,650

12,770

13,616

16,277

20,544

21,271

26,790

Deposits
Demand:
U.S Govt
Interbank
Other
Time:
Interbank
Other

3,153

3,775

4,438

4,996

6,610

6,627

8,314

11,323

11,735

13,325

21
384
1,409

55
488
1,530

26
488
1,779

9
591
1,836

12
1,481
2,209

8
897
2,062

11
1,338
2,124

6
1,552
2,308

4
1,006
2,555

4
1,277
3,236

81
1,258

81
1,620

145
2,000

344
2,215

476
2,432

803
2,857

957
3,320

1,291
5,115

1,292
6,876

1,041
7,766

Borrowings .
Total capital accounts

386
494

527
491

885
500

1,463
524

2,033
620

2,382
611

3,110
570

3,449
651

3,372
663

4,842
818

MEMO* Number of banks

206

206

204

207

229

249

253

261

270

275

Total nonmember banks
Loans and investments, gross .
Loans :
Gross
Net ,
Investments :
U.S. Treasury securities
Other
Cash assets . . . ,

120,510

133,198

145,386

155,830

168,456

175,690

184,963

197,319

208,730

225,908

76,357

85,325

96,036

104,070

114,020

119,761

122,633

129,892

137,712
132,751

152,091
146,836

16,550
27,603
13,042

18,313
29,559
16,562

16,797
32,554
15,381

16,783
34,976
18,177

16,180
38,256
17,516

15,530
40,400
21,047

18,581
43,750
21,563

22,599
44,829
25,137

25,407
45,610
22,524

27,936
45,880
27,141

Total assets/total liabilities 1 .

137,658

154,085

165,657

179,480

192,227

204,051

214,434

231,418

235,439

257,921

Deposits
Demand :
U.S. Govt
Interbank
Other
Time:
Interbank
Other .

119,145

134,091

142,608

155,165

163,016

172,454

181,021

195,533

202,380

219,467

1,453
1,472
46,631

1,850
1,895
54,406

2,267
1,736
54,514

1,592
2,057
60,802

1,743
2,804
58,789

1,624
2,422
63 , 302

951
2,735
62,830

859
3,241
67,868

899
2,346
66,184

921
2,904
72,884

397
69,192

633
75,305

712
83,379

930
89,784

1,086
98,593

1,445
103,661

1,633
112,136

2,010
120,318

2,092
130,857

1,998
140,758

1,462
10,759

1,726
11,429

2,770
12,643

3,383
13,386

4,711
14,677

5,520
15,410

6,086
16 , 300

6,577
17,051

6,711
17,359

8,412
18,366

8,161

8,223

8,341

8,436

8,576

8,685

8,779

8,846

8,867

8,914

Borrowings
Total capital accounts
MEMO: Number of banks




73

18. Commercial bank assets and liabilities—Detailed balance sheets for 1976

A. March 31 (insured banks only)
Asset and liability items are shown in millions of dollars.
Member banks *
All
insured
banks *

Asset account

Large banks
Total

New York
City

City of
Chicago

Other
large

All other

Nonmember
banks '

Cash bank balances, items in process
.
, .
Currency and coin
,
Reserves with F R. Banks
Demand balances with banks in United States . . . .
Other balances with banks in United States
Balances with banks in foreign countries
Cash items in process of collection.

119,029
11,217
28,516
27 , 673
6,579
2,918
42,127

101,776
8,441
28,516
17,250
4,261
2,538
40,771

27,683
843
4,862
6,716
42
169
15,052

4,185
158
2,065 !
102
16
41
1,803

37,976 1
2,716
11,787
3,175
1,592
1,465
17,242

31,931
4,724
9,802
7,256
2,611
864
6,674

'16^430
2,319
379
1,356

Total securities held book value
U.S. Treasury
Other U.S Govt. agencies . . . . .
States and political subdivisions
All other securities
Unclassified total

229,517
89,044
33,685
100,925
5,785
79

162,986
65,008
20,914
73,147
3,863
54

18,873
9,568
1,318
7,479
508

7,459
3,763
350
3,168 1
178

52,532
21,487 1
6,081
23,908
1,036
20

84,121
30,189
13,165
38 , 592
2,141
34

66,534
24,038
12,771
27,777
1,923
25

5,664
3,672
738
782
393
79

5,584
3,641
732
764
393
54

2,394
1,770
260
224
139

772
625
27
84
35

2,160
1,130
396
407
206
20

259
115
49
48
13
34

79
31
5
19

223,853
85,372
32,947
100,142
5,392

157,402
61,367
20,182
72,383
3,470

6,687
3,137
324

| S-S8

50,373
20,357
5,685
23,501
830

83,862
30,074
13,116
38,544
2,128

66,454
24,007
12,766
27,759
1,923

1,508

1,261

255

82

446

477

248

36,031
31,466
3,200
1,365

27,163
22,828
3,019
1,316

1,910
1 115
352
443

1,484
1,110
344
30

13,095
10,353
2,008
734

491,761
11,206
6,066
474,489

379,961
7,819
4,862
367,281

73,015
492
1,157
71,366 1

20,875
83
331
20,461

139,159
2,654
1,736
134,769

138,437
16,020
6,111
78,397
73,931
8,236
65,695
4,466
407
4,059
37,920

98,718
13,183
2,645
56,711
53,427
7,133
46,295
3,284
340
2 ,944
26,189

9,836
3,369
20
4,493
4,040
658
3,382
453
127
326
1,954

2,007
502
15
923
$27
52
775
96
25
71
567

35,464
6,051
273
20,465
19,223
3 , 797
15,426
1,242
99
1,142
8,675

51,418 !
3,261 j
2,337
30,830
29,337
2,626
26,711
1 ,493
90
1,404
14,993

39,719
2,836
3,466
21.6H6
20,504
1,104
19,400
1J82
66
1,115
11,731

Loans to financial institutions
To REIT's and mortgage companies
To domestic commercial banks
To banks in foreign countries
To other depositary institutions
To other financial institutions
Loans to security brokers and dealers
Other loans to purchase/carry securities
Loans to farmers— except real estate
Commercial and industrial loans.

37,344
10,457
3,041
5,687
2,194
15,966
6,125
3,863
20,433
167,037

35,456
10,148
2,379
5,560
2,067
15,301
6,017
3,233
11,380
138,881

13,711
4,067
819
2,671
813
5,335
4,206
411
95
36,560

4,773
1,536
111
327
15
2,783
627
315
170
10,642

13,999
3, BOS
1.038
2,154
1,063
5,938
1,062
1,613
2,589

52.771

2,975
739
412
408
171
1,245
122
S9S
8,525
38,909

1,888
309
662
126
126
664
108
630
9,054
28,156

Loans to individuals
....
Instalment loans
,
...
Passenger automobiles
Residential repair/modernize
Credit cards and related plans
.. .
Charge-account credit cards
Check and revolving credit plans
Other retail consumer goods
Mobile homes
....
Other, .
Other instalment loans
Single-payment loans to individuals

105,635
83 , 192
34,200
5,839
11,926
9,251
2,675
15,088
8,641
6,447
16,139
22,443

74,954
58,745
22,522
4,161
10,523
8,305
2,218
10,457
6,200
4,257
11,082
16,209

5,755
4,094
708
312
1,397
991
406
281
164
116
1,396
1,661

1,604
903
157
35
511
481
30
92
36
56
108
701

26,374
20,964
6,729
1,688
5,714
4,645
1,069
3,699
2,231
1,468
3,133
5,411

41,220
32,784
14,928
2,126
2,901
2,189
712
6,385
3,768
2,617
6,445
8,437

30,681
24,447
11,677
1,678
1,403
946
457
4,632
2,441
2,190
5,057
6,234

......

Trading-account securities
U.S. Treasury .
Other U S. Govt. agencies
States and political subdivisions
Alt other trading-account securities
Unclassified
Bunk investment portfolios
U.S, Treasury
,
Other U.S. Govt. agencies
States and political subdivisions
All other portfolio securities

,.
.....

..

F.R. stock and corporate stock, . ,
Federal funds sold and securities purchased under agreements
to resell
.
..
Commercial banks
Brokers and dealers
Others
,.
....
Other loans, grdss
LESS * Unearned income on loans
Reserves for loan loss
Other loans net
Other loans, gross, by category
Real estate loons . . .
.....
Construction and land development
Secured by farmland
Secured by residential
I. to 4-fttmily residences
FHA-insured or VA-guaranteed
Conventional . . . .
Afulti family residences
FHA-insured. . . .
Conventional
Secured by other properties

.

All other loans

. .

Total loans and securities, net
Direct lease
financing
Fixed assets—Buildings, furniture, real estate
Investment in unconsolidated subsidiaries
Customer acceptances outstanding
Other assets
.
...
lota) assets

74



.

!

16,480
7,798
1,058 1
7,255
369

10,674 '
10,250
314
109
146,923
4,601
1,637
140,685

17,260
2,776

8,893
8,663
181
49
111,801
3.3H8
1,205
107,208

12,887

11,322

2,442

738

5,288

2,854

1,565

741,545

558,691

92,404

29,486

200,843

235,957

182,882

4,201
17,834
1,983
9,749
25,295

3,989
13,370
1,959
9,458
22,434

696
1,554
836
5,010
8,112

129
560
152
372 '
1,677

2,559 '
5,339
898
3,794 '
8,885

919,637

711,676

136,296

36,562 I

260,295 j

605
5,917 I
72
281
3,759

278,522

212
4,466
24
291
2,907

208,043

18.—Continued

Member banks
All
insured
banks »

Liability or capital account

Large banks
Total

New York
City

City of
Chicago

63,331
92
54,849
676
4,677
47
1,058
130
1,801

75,705
12
193
56,716
200
13,696
1,892
2,792
203

88,787
138
48
71,450
186
16,200
33
716
17

71,803
45
16
57,157
141
13,508
213
661
63

2,706
2,616
66
7
16

46,229
44,216
1,645
4
357
8

69,813
66,497
1,923
9
1,378
5

50,326
48,032
1,353
11
927
3

100,832

25,229

203,049

245,103

185,460

54,672
34,289
5,409
14,975
4,166
554
10,111
13,220

12,057
6,712
755
4,591
1,919
57
5,634
4,356

7,536
5,261
1,001
1,273
58
16
374
897

27,495
18,301
2,963
6,231
1,866
299
3,822
5,072

7,584
4,014
689
2,880
322
182
282
2,895

2,594
1,061
200
1,333
304
216
291
2,065

847,791

656,938

124,856

34,110

241,603

256,369

190,930

4,549

3,676

917

84

57,297

51,062

10,523

2,368

15,699
27,108
22,706
1,730

11,631
20,273
17,901
1,223

2,439
4,089
3,921
75

919,637

711,676

136,296

231,684
940
173,795
1,798
11,181
1,388
28,582
5,388
8,612

55,009
450
31,011
136
634
1,173
13,835
4,120
3,651

9,057

Time deposits
Accumulated for personal loan payments . . .
...
Mutual savings banks
Other individuals, partnerships and corporations. . t . . .
U S Govt
»
States and political subdivisions. ,
....
.....
Foreign governments, central banks, etc
Commercial banks in United States
..
t
Banks in foreign countries
>

285,632
196
555
219,507
619
46,330
8,551
8,525
1,350

213,828
150
539
162,350
478
32,821
8,338
7,864
1,287

35,869

13,466

Savings deposits . . .
Individuals and nonprofit organizations . . .
Corporations and other profit organizations
U.S. Govt
States attd political subdivisions
All other

179,027
170,817
5,213
31
2,899
67

128,701
122,785
3,860
20
1,973
64

9,954
9,456
225

759,674

574,214

57,267
35,350
5,609
16,308
4,470
770
10,403
15,208

Federal funds purchased and securities sold under agreements
to repurchase
'. . . .
Commercial banks
Brokers and dealers
Others
. ...
Other liabilities for borrowed money
. ...
...
Mortgage indebtedness
Bank acceptances outstanding
...
Other liabilities
Total liabilities. . , .
Subordinated notes and debentures.
Equity capital
,
Preferred stock.
Common stock
Surplus
Undivided profits
Other capital reserves. . .

....
;

.

.

, .

...

Total liabilities and equity capital
MEMO ITEMS :
Demand deposits adjusted 2
Average for last 15 or 30 days:
Cash and due from banks
,
Federal funds sold and securities purchased under agreements to resell
|
Total loans
;
Time deposits of $100,000 or more
Total deposits . ,
.
.
t
Federal funds purchased and securities sold under agreements to repurchase
Other liabilities for borrowed money
...
Standby letters of credit outstanding
Time deposits of $100,000 or more
Certificates of deposit. ...
. .
Other time deposits
. .
Number of banks




All other

86,503
285
72,397
990
7,018
30
3,413
117
2,253

295,015
1,033
228 , 645
2,474
15,858
1,434
29 , 640
5,518
10,412

Total deposits

Other
large

Nonmember
banks i

81,115
204
63,816
647
3,338
166
9,511
1,016
2,417

Demand deposits
Mutual savings banks .
..
, . ..
Other individuals, partnerships, and corporations. . j
U S Govt
States and political subdivisions. .
.
...
Foreign governments central banks etc
Commercial banks in United States
....
...
Banks in foreign countries
Certified and officers* checks etc.

...

1

297*
24,723
91
1,483
5,278
3,016
981

222
50

6,572
25
191
18
1,823
136
291

i'

9,461
1
1,442
1,136
1,340
86

1,697

978

873

570
1,149
600
50

16,995
10
3,695
7,092
5,786
412

21,176
24
4,928
7,943
7,595
687

16,241
20
4,070
6,836
4,807
508

36,562

260,295

278,522

208,043

220,774

160,533

25,986

5,405

53,716

75,426

60,241

117,462

101,149

28,576

4,255

37,278

31,040

16,316

36,717
486,169
144,202
751,499

27,407
371,806
120,657
567,979

I t 900
72,794
31,643
98,482

1,379
20,828
11,156
25,185

,12,723
136,099
49,255
200,717

11,405
142,085
28 , 603
243,595

9,340
114,363
23,545
183,520

59 t 324
4,094

56,760
3,814

14,858
1,677

7,312
47

26,869
1,803

7,721
287

2,565
280

9,761
143,501
119,932
23 , 569

9,309
121,005
100,227
20,778

4,924
31,753
26,167
5,586

950
11,432
9,273
2,159

2,817
48,996
39,542
9,454

617
28,824
25,244
3,580

452
22,495
19,705
2,790

14,368

5,778

12

9

154

5,603

8,595

75

18. Commercial bank assets and liabilities—Detailed balance sheet for 1976—Continued

B. June 30
Asset and liability items are shown in millions of dollars.
Member banks1
AH
banks

Asset account

All
insured
banks i

Nonmember
banks
(insured
and noninsured) l

Large banks
Total

New York
City

City of
Chicago

Other
large

All other

CiisH bunk balances itenis in process
Currency and coin
.
Reserves with F.R. Banks
Demand balances with banks in United States . . . .
Other balances with banks in United States
Balances with banks in foreign countries
Cash items in process of collection

128,435
11,984
28,212
30,921
6,833
4,948
45,538

124,073
11,972
28,212
28,765
6,041
3,623
45,460

105,911
8,987
28,212
17,838
3,818
3,179
43,877

28,242
824
5,194
6,607
95
327
15,194

4,699
184
2,174
286
7
33
2,016

39,769
2,916
11,269
3,306
1,476
1,767
19,035

33,202
22,514
5,063
2,997
9,575
7,639 ° ° ' i 3 , * 0 8 i '
2,240
3,015
1,052
1 , 769
7,633
1,660

Total securities held=Book value
U.S. Treasury
Other U.S Oovt. agencies
States and political subdivisions
All other securities
Unclassified total

235,836
91,420
34,264
102,994
6,995
162

233,184
90,948
33,729
102,694
5,701
113

165,113
66,013
20,706
74,465
3,849
80

19,743
9,810
1,153
8,349
430

7,553
3,766
348
3,225
214

51,970
21,562
5,724
23,691
965
29

85,847
30,875
13,482
39,201
2,240
50

70,723
25,408
13,558
28 , 529
3,146
83

5,654
3,507
659
1,025
383
80

2,635
1,950
248
335
103

261
93
28
73
I?
50

141
28

159,460
62,506
20,048
73,440
3,466

17 JOS
7,861
905
8,014
328

85,586
30.7H2
13,454
39,128
2,223

70.582
25,380
13,552
28,512
3,138

TfoditiR-occount securities
U.S Treasury
•
Other U S Govt agencies
States and political subdivisions
All other trading uect. securities
Unclassified

.

....

230,042
87,886
33,600
101,952
6,605

Bt4nk investment portfolios
..
U.S. Treasury
Other U.S. Govt. agencies
States and political subdivisions
All other portfolio securities
F.R, stock and corporate stock
Federal funds sold and securities resale agreement. ,
Commercial banks
Brokers and dealers
Others
Other loans cross
LESS: Unearned income on loans
Reserves for loan loss

•

••

Other loans, gross, by category
Rctil cvtcttc loctns
...
Construction and land development
Secured by farmland
•
Secured by residential
J. fo 4-f(ttnily residences
»
FHA-insured or VA-guaranteed
Conventional
Multifamily residences
FtfA-insured
Conventional
.
Secured by other properties

..

JLoans to financitil institutions
To REIT's and mortgage companies
To domestic commercial banks .
To other depositary institutions
To other financial institutions
Loans to security brokers and dealers
Other loans to purch. /carry securities
Loans to farmers=s=except real estate
Commercial and industrial loans

....

Loans to individuals
Instalment loans
Passenger automobiles
....
Residential repair /modernize
Credit cards and related plans
Charge-account credit cards
,.,...
Check and revolving credit plans
Other retail consumer goods
Mobile homes
....
Other
Other instalment loans
. . .
Single-payment loans to individuals
All other loans
. .
Total loans and securities, net
Direct lease financing
Fixed assets—Buildings, furniture, real estate. . . .
Investment in uneonsolidated subsidiaries
Customer acceptances outstanding
....
Other assets
,
.
Total assets

76



5,795
3,535
665
1,043
391
162

.... .

5,745
3,535
665
1,043 '
391 j
113
227,439
87,413
33,064
101,651
5,310

678
494
44 I
80
60
6,875
3,272
304
3,145
155

2, 079
970
338
538
204 i
29

49,891
20,592
5,385
23,153
761

i*

s!

1,539

1,495

1,244

261

78

457

448

295

36,124
30,959
2,658
2,507

34,267
29,475
2,459
2,333

26,824
22,175
2,376
2,273

1,957
1,100
200
656

1,150
1,016
108
26

14,082
10,930
1,683
1,469

9,635
9,128
3B4
123

9,300
8,784
283
234

516,107
11,999
6,163
497,944

504,755
11,941
6,105
486,709

387,695
8,285
4,915
374,494

71,886
560
1,191
70,136

20,802
81
331
20,390

142,307
2,736
1,752
137,820

152,699
4,909
1,642
146,148

128,412
3,714
1,248
123,451

1 41, 964
16,565
6,355
80,205
75,S31
8,298
67,533
4,374
412
3,962
38,839

141,737
16,560
6,343
80,064
75,696
8,263
67,433
4,363
411
3,957
38,770

100,545
13,584
2,717
57,361
54,454
7,151
47,303
3,177
321
2,856
26,612

9,737
3,287
15
4,508
4,082
628
3,454
426
126
300
1,927

1,988
532
14
922
821
52
769
101
25
76
521

35,890
6,184
275
20,636
19,515
3,863
15,652
1,122
94
1.02E
8,795

52,939
3,582
2,413
31,565
30,037
2,60H
27,428
1,528
11
1,452
15,370

41,419
2,981
3,638
22,573
21 , 376
1,147
20,229
1,197
90
1,101
12,227

41,667
10,726
5,182
8,625
1,411
15,724
7,743
4,032
22,174
174,325

36,703
10,680
3,201
6,076
1,346
15,401
7,521
4,018
22,149
169,286

34,742
10,341
2,527
5,907
1,199
14,768
7,390
3,373
12,379
140,028

72,757
3,967
838
2,445
194
5,313
4,807
435
91
35,64g

4,548
1,457
138
324
25
2,605
987
314
135
10,435

i4,4m

4,149
1,183
2,725
829
5,602
1,462
1,712
2,974
53,707

2,949
769
369
413
151
1,248
134
911
9,179
40,239

6, 925
384
2,655
2,718
212
956
353
659
9,795
34,297

110,394
87,466
36,953
6,107
12,196
9,517
2,680
15,537
8,721
6,816
16,674
22,927
13,807

110,033
S7J42
36,687
6,106
12,193
9,516
2,677
15,528
8,720
6,808
16,629
22,891
13,308

77,598
61,240
24,066
4,320
10,746
8,540
2,206
10,732
6,238
4,493
11,376
16,358
11,638

5,620
4,149
746
314
1,446
1,039
407
301
166
135
1,341
1,471
2,792

26,915
22,557
7,055
1,695
5,792
4,765
1,027
3,787 1
2,246 i
1,541
3,228
5,358
5,159

43,436
34,61$
16,115
2,274
2,973
2,232
741
6,558
3,793
2,766
6,697
8,818
2,921

771,444

755,655

567,675

92,096

29,171

204,329 I

242,079

4,675
18,585
2,107
10,681
27,860

4,675
18,485
2,104
10,315
27,210

4,455
13,902
2,063
9,989
24,353

1,042
1,745
853
5,461
9,266

128
611
160
517
1,627

2,655
5,486
980
3,741
9,589 I

963,788

942,516

728,348

138,705

36,912

1,627
916
150
37
534 1
504 j
30
86
33
52
109
711
766

266,549

i
i
:
!
i
1

630 i
6,060
70
271
3,871

286,182

32,796
26,227
12,886
1,7H7
1,450
977
473
4,805
2,4B3
2,323
5,299
6,569
2,168
203,769
221
4,6H3
44
692
3,507

235,440

18.—Continued

Member banks 1
All
banks

Liability or capital account

All
insured
banks i

Large banks
Total

New York
City

City of
Chicago

Demand deposits
.
••
Mutual savings banks
Other individuals, partnerships, and corporations . .
U S Govt
States as id political subdivisions
Foreign governments central banks etc.
Commercial banks in United States
Banks in foreign countries
Certified and officers' checks etc.

311,363
1,299
236,614
4,627
17,336
1
1,757
30,870
6,341
12,520

307,796
1,113
235,547
4,623
17,216
1,295
30,573
5,817
11,612

241,932
1,014
179,037
3,728
12,278
1,250
29,454
5,697
9,477

57,143
510
31,574
515
810
987
14,252
4,349
4,146

9,807

Time deposits
- ••
A ecu muli ted for personal loan payments
MAI tu ill savings banks
Other individuals, partnerships, and corporations. .
U.S. Govt.
. ..
1
States a*id political subdivisions
Foreign governments central banks etc.
Commercial banks in United States
i
Banks ill foreign countries

293,242
171
481
227,616
678
43,943
10,143
8,082
2,129

285,469
171
458
222,538
678
43,654
9,029
7,522
1,419

212,779
136
445
163,973
550
30,740
8,778
6,797
1,360

35,016

13,165

266
24,420
78
1,245
5,381
2,642
984

7
9,494
1
1,106
1,295
1,162
100

Savings deposits
Individuals and nonprofit organizations.
Corporations and other profit organizations. .
U S Govt
States and political subdivisions
All other

184,088
175,343
6,049
46
2,602
47

183,692
174,957
6,043
46
2,599
47

131,602
125,232
4,521
40
1,765
44

9,994
9,530
302
12
121
28

Total deposits

788,694

776,958

586,313

60,724
35,186
8,053
17,484
6,477
790
11,286
21,265

58,949
33,941
7,976
17,031
4,880
788
10,916
16,201

889,235
4,901
69,652
81
15,963
27,903
23,840
1,866

90,318
291
74,449
1,496
7,770
17
3,560
117
2,618

69,431
286
57,577
900
5,058
507
1,416
644
3,043

75,212
13
135
56,979
251
13,268
2,061
2,309
196

89,386
123
36
73,079
220
15,121
41
685
80

80,464

2,715
2,611
95
8
1

47,121
44,794
1,943
15
358
11

71,773
68,297
2,182
1,286
4

52,486
50,111
1,529
6
836
4

102,153

25,687

206,997

251,476

202,381

55,911
32,672
7,512
15,727
4,578
578
10,590
14,151

11,539
6,495
800
4,243
2,249
57
6,040
• 4,825

7,215
4,883
1,073
1,259
80
16
525
892

28,994
17,324
4,837
6,833
1,800
312
3,752
5,487

8,163
3,970
801
3,392
449
193
274
2,948

4,813
2,514
542
1,757
1,899
212
696
7,114

868,691

672,121

126,862

34,415

247,342

263,503

217,114

4,837

3,935

1,100

83

1,751

1,001

966

68,988

10,743

2,414

15,843
27,648
23,628
1,793

52,292
34
11,723
20,676
18,564
1,295

2,444
4,149
4,036
114

570
1,155
645
44

17,457
10
3,714
7,325
5,976
431

21,678
24
4,995
8,047
7,907
705

17,360
47
4,239
7,226
5,276
571

963,788

942,516

728,348

138,705

36,912

266,549

286,182

235,440

230,329

227,141

164,874

27,182

5,857

54,206

77,629

65,455

123,699

119,242

102,287

27,714

4,360

38,225

31,989

21,412

38,284
502,155
144,748
775,140

35,636
490,758
138,873
763,837

27,153
377,740
115,910
574,789

2,306
71,043
30,462
96,456

1,341
20,569
10,747
25,003

13,300
138,707
47,240
203,331

10,206
147,421
27,461
249,998

11,131
124,414
28,838
200,350

64,669
6,485

62,026
4,782

58,974
4,474

14,909
2,078

7,184
87

28,637
1,943

8,244
367

5,695
2,011

»

10,769
145,212
120,619
24,593

10,355
139,575
117,020
22,555

9,874
117,268
97,457
19,811

5,450
30,470
25,724
4,766

954
11,159
8,937
2,221

2,834
47,947
38,645
9,302

636
27,692
24,150
3,541

895
27,944
23,162
4,782

,

14,643

14,373

5,776

12

9

154

5,601

8,867

.

Total liabilities
Subordinated notes and debentures. .
Equity capital
Preferred stock
..

.

Total liabilities and equity capital
MEMO HEMS:
Demand deposits adjusted^ .
.
Average for last 15 to 30 days:
Cash and due from bank
Federal funds sold and securities purchased under
agreements t o resell
.
. . . .
Total loans
Time deposits of $100,000 or more
Total deposits
.
..
. .
Federal funds purchased and securities sold under
agreements to repurchase
Other liabilities for borrowed money
Standby letters of credit outstanding
Time deposits of $100 000 or more
Certificates of deposit ...
Othei time deposits
Number of banks . ,




, .
. .

All other

84,664
211
65,745
1,563
3,543
225
9,861
1,083
2,434

Federal funds purchased and securities sold under
agreements to repurchase
..
....
Commercial banks
Brokers and dealers
..•
. . .
Others
..
Other liabilities for borrowed money
M^ortsagc indebtedness
Bank acceptances outstanding
Other liabilities

Surplus
Undivided profits
Other capital reserves

Other
large

Nonmember
banks
(insured
and non-l
insured)

<

,

7,268
154
155
21
1,781
148
278

36
63,643
128
13,203
1,366
1,285
769

77

18. Commercial bank assets and liabilities—Detailed balance sheets for 1976—Continued
C. September 30 (insured banks only)
Asset and liability items are shown in millions of dollars.
Member banks *
All
insured
banks >

Asset account

Cash bank balances, items in process
Currency and coin
Reserves with F,R, Bunks. . . .
.
Demand balances with banks in United States
Other balances with banks in United States
Balances with banks in foreign countries
Cash item in process of collection
Total securities held—book value
U.S. Treasury.
Other U S Govt, agencies
States and political subdivisions

....

,
...

Unclassified total

Bank investment portfolios .
U.S. Treasury
Other U S. Govt. agencies
States and political subdivisions
All other portfolio securities
F.R. stock and corporate stock

, ,.

Total

New York
City

City of
Chicago

120,465
11,734
26,458
27,819
5,144
3 ,868
45 , 442

102,402
8,703
26,458
16,911
3,052
3,417
43,862 i

28,519
782
4,823
6,033
116
296
16,468

4,026
151
1,770
186
25
28
1,867

37,317
2,824
9,926
3,272
977
2,045
18,273

237,422
93,458
34,089
103,914
5,835
126

168,125
67,805
21,136
75,183
3,922
79

20,453
10,625
1,201
8,208
420

7,953
3,930
360
3,435
229

52,729
21,679
5,874
24,106
1,033
37

3,154
2,311
222
528
93

673
444
50
113
67

2,875
1,535
371
675
258
37

6,979
4,438
656
1,379 i
426
79

All other

Other
large

,

7,153
4,540
658
1,403
426
126

Trsding'&ccount securities . . .
U.S. Treasury
....
Other U.S. Govt. agencies
States and political subdivisions . . .
All other trading-account securities
Unclassified

Nonmember
banks *

Large banks

32,540
4,946
9,939
7,420
1,934
1.04S
7,254
1

86,990
31,571
13,701
39,435
2,241
42

18,069
3,030

" 'io^yii'
2,092
452
1,581

1

69,299
25,655
12,954
28,730
1,913
47

!

277
148
14
64
8
42

775
101
2
24
\
47

49,854 1
20,144 1
5 , 503
23,432
775

$6,77.?
31,423
13,688
39,370
2,232

69,124
25,553
12,952
28 , 706
1,913

230,268
88,918
33,432
102,510
5,408

161,147
63,367
20,480
73 , 804
3,496

17,299
8,314
979
7,680
327

7,280
3,486
310
3,322
162

1,510

1,269

268

78

472

451

241

1,575
1,008
458
109
70,487
574
1,192
68,721

1,087
925
120
42
21,157
84
316
20,758

15,668
13,034
1,588
1,047
143,350
2,822
1,764
138,765

10,202
9,778
290
133
156,491
5,090
1,657
149,745

8,186
7,933
124
129
121,101
3,822
1 , 194
116,085

Federal funds sold and securities purchased under agreements to resell
Commercial banks
Brokers and dealers
Others
.. .
Other loans, gross
LESS: Unearned income on loans
Reserves for loan loss
. ...
Other loans net

36,683
32,643
2,581
1,459
512,588
12,392
6,122
494,074

28,532
24,745
2,456
1,331
391,486 !
8,570
4,928
377,989

Other loans, gross, by category:
Real estate loans
Construction and land development. . . .
Secured by farmland
Secured by residential
/- to 4-fotnity residences
FHA-insured or VA-guaranteed
Conventional
Multi family residences
...
FHA-insured
Conventional .
Secured by other properties

145,590
16,744
6,504
82,451
78,185
8,188
69,997
4,266
370
3,896
39,891

102,779
13,514
2,792
59,119
56.018
7,107
48,911
3,102
308
2,794
27,353

9,5/9
2,967
16
4,486
4,097
623
3,474
390
12!
269
2,050

1,981
521
14
944
$32
50
781
112
25
87
502

36,744
6,231
288
21,292
20,209
3,858
16,351
1,083
77
1,006
8,933

54,534
3,795
2,474
32,397
30,880
2,575
28,305
1,517
85
1,432
15,869

42,811
3,230
3,712
23,332
22,167
1,081
21,086
1,165
62
1,102
12,538

34,071
10,195
2,492
6,159
1,169
14,056
8,455
4,063
22,882
169,713

32,380
9,849
2,014
6,067
988
13,463
8,238
3,423
12,758
139,896

11,887
3,751
800
2,622
79
4,635
4,936
428
93
35,256

4,221
1,411
128
325
21
2,336
1,176
312
135
10,823

13 ,433
3,993
794
2,633
718
5,295
1,993
1,735
2,974
53,366

2,839
694
292
487
169
1,197
133
948
9,556
40 , 452

J ,691
346
478
93
181
593
217
640
10,124
29,817

114,651
91,162
38,541
6,421
13,111
10,223
2,888
15,901
8,786
7,115
17,187
23,489

80,674
63,944
25,165
4,526
1 1 , 560
9,169
2,392
10,966
6,256
4,709
11,727
16,729

5,861
4,375
806
316
1,544
1,099
445
310
167
143
1,398
1,486

28,043
22,528
7,291
1,784
6,287
5,147
1,141
3,877
2,243
1,634
3,289
5,516

45,058
36,075
16,925
2,380
3,137
2,362
775
6,701
3,816
2,885
6,933
8,983

33,978
27,218
13,377
1,895
1,551
1,055
496
4,936
2,530
2,406
5,460
6,760

... ,
. .

.....

Loans to financial institutions
. ..
To RElT's and mortgage companies
To domestic commercial banks
....
To banks in foreign countries
To other depositary institutions
..
To other financial institutions
Loans to security brokers and dealers
Other loans to purchase/carry securities
Loans to farmers except real estate . . .
Commercial and industrial loans
Loans to individuals
Instalment loans
....
...
Passenger automobiles
Residential repair/modernize
Credit cards and related plans . . .
Charge-account credit cards . .
Check and revolving credit plans
Other retail consumer goods
Mobile homes . . . . . . . .
...
Other
....
Other instalment loans
Single-payment loans to individuals

...

, .
...

...
,

All other loans.
Total loans and securities, net

. .

Direct lease financing,
Fixed assets—Buildings, furniture, real estate
Investment in unconsolidated subsidiaries. ...
Customer acceptances outstanding
Other assets

....

Total assets

.. .

78



1,712
967
143
47
592
561
31 1
78
31
47
108
745

13,163

11,338

2,508

798

5,062

2,971

1,825

769,688

575,915

91,017

29,877

207,634

247,388

193,811

4,820
19,157
2,226
9,868
30,661

4,590
14,433
2,186
9,497
27,615

1,062
1,999
909
5,027
11,919

130
622
162
351
1,601

2,736
5,603
1,042
3,826
10,043

662
6,208
73
293
4,052

230
4,726
40
372
3,089

956,886

736,637

140,451

36,769

268,202

291,215

220,336

18.—Continued

Member banks 1

All
insured
banksl

Liability or capital account

Non-

Large banks
All other

Total
New York
City

City of
Chicago

member
banks l

Other
large

309,284
1,128
233,422
5,715
16,403
1,272
32,958
6,115
12,271

243,021
1,019
176,924
4,262
11,584
1,251
31,959
5,874
10,146

58,244
486
29,296
459
641
989
17,063
4,488
4,821

10,034
1
7,344
169
191
21
1,901
141
265

85,132
242
66,188
1,619
3,453
217
9,544
1,148
2,721

89,610
289
74,096
2,015
7,298
24
3,452
97
2,340

66,264
109
56,498

285,740
161
384
224,212
733
44 , 020
8,323
6,628
1,281

210,668
129
371
163,662
582
30,759
8,048
5,901
1,216

33,040

12,327

194
23,370
88
1,326
4,915
2,291
856

5
8,873
33
1,203
1,177
942
93

72,926
12
140
56,018
242
12,433
1,909
1,970
202

92,375
117
32
75,401
218
15,797
47
697
65

75,072
33
12
60,549
151
13,260
275
727
65

135,822
128,259
5,228
39
2,249
47

10,187
9,560
360
13
223
32

2,751
2,636
110
6
1

49,096
46,285
2,278
16
507
10

73,788
69,778
2,481
5
1,518
5

54,231
51,452

i.
J .
}•.

190,054
179,711
7,032
45
3,216
50

,.

785,078

589,511

101,471

25,113

207,154

255,772

195,567

Federal funds purchased and securities sold under agreements to repurchase
Commercial banks
t,.
Brokers and dealers
Others
„
^.
Other liabilities for borrowed money
, J.
Mortgage indebtedness
,.
Bank acceptances outstanding
„.
Other liabilities
,I .

64,124
36,510
6,289
21,326
4,736
798
10,471
16,063

60,795
35,103
5,778
19,913
4,457
577
10,099
13,822

14,683
7,200
923
6,560
2,229
57
5,602
4,359

7,898
5,635
821
1,442
53
16
351
798

30,052
18,357
3,222
8,474
1,729
311
3,852
5,512

8,162
3,913
812
3,437
445
194
294
3,153

3,330

881,270

679,260

128,402

34,229

248,610

268,020

202,090

83

1,801

1,012

936

22,183
25
5,013
8,084
8,354
707

17,310
41

Demand deposits

j.

Mutual savings banks
•. |.
Other individuals, partnerships, and corporations..'. .
U.S. Govt
States and political subdivisions
Foreign governments, central banks, etc
;.
Commercial banks in United States
I
Banks in foreign countries
Certified and officers' checks, etc

Time deposits

. j.

Accumulated for personal loan payments
Mutual savings banks
Other individuals, partnerships, and corporations
U.S. Govt
States and political subdivisions
Foreign governments, central banks, etc
Commercial banks in United States
Banks in foreign countries
Savings deposits

Individuals and nonprofit organizations.
Corpomtions and other profit organizations
U.S. Govt
States and political subdivisions
A l l other
Total deposits

Total liabilities

!

'. .
j.
i.l.

..

!;.

Subordinated notes and debentures
Equity capital
Preferred stock
Common stock
Surplus
Undivided profits
Other capital reserves

'.'. .
i..

Total liabilities and equity capital
MEMOITHMS:
i i
Demand deposits adjusted 2
Average for last 15 or 30 days:
Cash and due from banks
Federal funds sold and securities purchased under ,:
agreements to resell
. ..
Total loans
Time deposits of $100,000 or more
Total deposits
Federal funds purchased and securities sold under !
agreements to repurchase
Other liabilities for borrowed money

1,453
4,818

21
998
241

2,125

1,803

S
967
3

1,406

510
1,413

279
220
372
2,322

4,931

3,995

1,098

70,684
76
15,977
27,952
24,871
1,808

53,382
35
11,795
20,864
19,391
1,296

10,951

2,457

2,444
4,231
4,184
92

570
1,155
660
71

17,791
10
3,768
7,394
6,193
426

956,886

736,637

140,451

36,769

268,202

291,215

220,336

225,169

162,937

24,254

6,097

55,697

76,889

62,232

120,726

103,490

29,495

4,296

37,813

31,886

17,239

39,598
499 , 393
134,577
773,178

30,554
382,121
111,789
578,754

1,824
70,357
28 , 660
95,758

1,353
20,941
9,880
24,367

15,658
139,653
44,751
203 , 638

11,719
151,170
28,498
254,991

9,077
117,272
22,788
194,424

69,676
4,276

65,638
3,989

17,273
1,703

8,750
67

31,425
1,831

8,190
389

4,038
287

4,185

7,089
5,483
512

Standby letters of credit outstanding
Time deposits of $100,000 or more
Certificates of deposit
Other time deposits

.
j ,j. .
j. .

11,476
134,677
113,508
21,169

10,936
111,647
93,243
18,403

6,276
28 , 227
23,574
4,653

850
9,752
8,252
1,500

3,137
44,932
36,440
8,492

673
28,737
24,978
3,758

540
23,031
20,265
2,766

Number of banks

,J..

14,389

5,773

12

9

154

5,598

8,622




79

18. Commercial bank assets and liabilities—Detailed balance sheets for 1976™Continued

D. December 31
Asset and liability items are shown in millions of dollars.
Member banks:
All
banks

Asset account

All
insured
banks '

Large banks
Total

j
(New York City of
Chicago
1 City

Other
large

Nonmember
banks
(insured
All other and non-s
insured)

136,080
12,124
25,967
36,816
6,974
5,823
48,376

129,583
12,115
25,967
32,966
5,765
4,509
48,261

108,935
9,065
25,967
19,713
3,623
4,046
46,521

29,494
832
3,585
7,389
193
836
16,659

3,936
220
1,423
197
34
23
2,038

40,471
3 , 048
10,627
3,324
1,434
2,102
19,937

35,035
4,965
10,333
8,803
1,961
1 , 085

27,145
3,059

7,887

17,103
3,352
1 , 777
1,854

249,883
102,518
35,835
104,661
6,732
137

247,440
101,464
35,267
104,374
6,220
116

176,333
74,579
22,149
75,310
4,218
78

21,349
11,823
1,355
7,751

42:

8,157
4,072
500
3,349
236

57,755
25,735
6,237
24,546
1,191
47

89,072
32,950
14,057
39 , 665
2,370
30

73,550
27,939
13,686
29,351
2,515
60

7,904
5,011
991
1 , 324
440
137

7,882
5,011
991
1,324
440
116

7,650
4,861
975
1,297
440
78

3,251
2,386
259
479
127

832
582
55
110
86

3,246
1 , 705
624
660
209
47

322
188
38
48
17
30

251
151
15
27

24 J , 980
97,507
34,844
103,336
6,292

239,558
96,453
34,276
103,050
5,780

168,683
69,719
21,174
74,013
3,778

18,098
9,437
1,096
7,272
293

7,325
3,490
445
3,239
151

54,510
24,030
5,613
23,885
981

88 , 750
32 , 762
14,019
39,617
2,352

73,297
27,788
13,671
29 , 323
2,515

,.

1,581

1,541

1,312

281

86

497

44g

268

Federal funds sold and securities purchased under agreements to resell
.
..
...
Commercial banks
Brokers and dealers
Others
...

48,346
40,199
5,775
2,373

45,767
37,877
5,693
2,198

36,378
28,780
5,499
2,099

1,993
979
610
404

1,339
1,035
192
113

19,648
14,217
3,981
1,450

13,398
12,550
716
132

It ,968
1 1 , 420
275
273

546,702
12,580
6,196
527,926

532,944 406,579
8,614
12,529
6,120 ;
4,899
514,295 393,066

75,468
561
1,185
73,722

21,807
E2
300
21,426

148, S16
2,856
1,751
143,909

160,788
5,117
1 , 663
154,008

140,123
3,%5
1,297
134,861

149,481
16,624
6,714
84,923
80,421
7,949
72,472
4,502
384
4,118
41,219

149,275
16,619
6,703
84,785
80,292
7,912
72,380
4,493
383
4,109
41,168

104 ,711
13,154
2,865
60,481
57,207
6,859
50,342
3,281
323
2,958
28,212

9,419
2,801
16
4,433
3,992
611
3,381
441
122
320
2,169

1,848
382
14
944
845
49
797
99
25
74
509

37,458
6,039
291
21,816
20,639
3,670
16,968
1,178
95
1,083
9,311

55 ,98(6
3,932
2,544
33,288
31 , 725
2,529
29,196
1,563
82
1,481
16,222

44 , 7/70
3,471
3,850
24,442
23,221
1,090
22,131
1 ,221
61
1,K»0
13,008

42,427
9,985
4,531
10,880 I
1,480
15,552
11,425
4,022
23,278
182,933

35 , 738
9,859
2,773
6,618
1,337
15,151
11,079
4,005
23,254
177,140

33,762
9,519
2,195
6,487
1,173
14,387
10,798
3,324
12,975
145,848

12,048
3,496
606
3,022
163
4,761
6,900
336
128
37,893

4,383
1,301
127
290
24
2,641
1,417
317
149
11,018

14,349
4,045
1,126
2, 717
'789
5,672
2,268
1,701
3,032
55,108

2 , 982
678
336
457
198
1,313
213
970
9,667
41,829

8,665
466
2,335
4,393
306
1,165
627
698
10,303
37,085

118,408
94,074
39,864
6,523
14,357
11,316
3,041
15,932
8,742
7,190
17,398
24,333

118,051
93 , 748
39 , 590
6,522
14,352
11,316
3,036
15,925
8,741
7,184
17,359
24,303

82,894
65,619
25,641
4,589
12,676
10,171
2,505
10,974
6,217
4,756
Il t 739
17,275

6,003
4,428
790
324
1,649
1,186
463
327
173
154
1,338
1,575

1,820
1,040
136
55
669
637
33
73
28
44
106
781

29,066
23,38$
1 , 397
1 , 808
6,935
5,731
1,205
3,886
2,231
1,654
3,360
5,681

46,004
36 , 766
17,318
2,402
3,422
2,618
804
6,689
3,785
2,903
6,935
9,238

35,513
28,455
14,223
1,934
1,681
1 , 145
537
4 , 959
2 , 525
2 , 434
5,659
7,058

Cnsh bank balances items in process
Currency and coin
Reserves with H R. Banks

. ..
....

Other balances with banks in United States
Balances with banks in foreign countries
Cash items in process of collection

..

Total securities held1 — 'book value
U S Treasury
Other U.S. Govt. agencies. .
States and political subdivisions
All other securities . . . . .
Unclassified total

....
....

Tr&dlnS'ttccount securities
U S Treasury ,
Other U S Oovt agencies
States and political subdivisions .
All other trading-account securities
Unclassified
...

..

„

Bank investment portfolios
U S Treasury
Other U S Govt. agencies
. .
States and political subdivisions
All other portfolio securities . . .
F.R. stock and corporate stock

Other loans, gross
.....
LFS§' Unearned income on loans
Reserves for loan loss
..
Other loans net
Other loans, gross, by category:
Rail sstfftc loons
.
Construction and land development
Secured by farmland
. .
Secured by residential. . ,
1- {Q 4- family residences
. ,
FHA-insured or VA-guarantecd
Conventional. ....
Multi family residences
FHA-insured . . . . . . .
Conventional
Secured by other properties
JLoons to financial institutions
To REIT's and mortgage companies
To domestic commercial banks
To banks in foreign countries. .
To other depositary institutions
To other financial institutions
Loans to security brokers and dealers. .
Other loans to purchase/carry securities
Loans to farmers==-except real estate
Commercial and industrial loans
Loans to individuals
Instalment loans
Passenger automobiles
Residential repair/modernize, .
Credit cards and related plans
Charge-account credit cards.
Check and revolving credit plans
Other retail consumer goods
Mobile homes
Other
Other instalment loans
Single-payment loans to individuals
All other loans
Total loans and securities, net
Direct lease financing
Fixed assets=Buildings, furniture, real estate
Investment in unconsolidated subsidiaries
Customer acceptances outstanding
Other assets
Total assets

80



.

...
...

.

...
...

..

...

!

60

!

14,730

14,403

12,267

2,741

855

5,533

3,138

2,463

827,737

809,044

607,090

97,344

31,009

221,810

256,927

220,647

5,112
19,543
2,342
9,505
30,471

5,112
19,451
2,304
9,147
29,357

4,865
14,616
2,272
8,758
26,355

1,088
1,949
1,000
4,125
9,322

129
662
206
177
1,651

2,910
5,680
978
4,169
11,257

738
6,325
89
288
4,126

248
4,926
69
747
4,116

1,030,789 1,003,999

772,892

144,323

37,769

287,274

303,527

257,898

18.—Continued

Member banks
All
banks

Liability or capital account

All
insured
banks *

l

Large banks
Total

New York City of
City
Chicago

Other
large

Nonmember
banks
(insured
AH other and non-l
insured)

Demand deposits. .
Mutual savings banks
.
......
Other individuals, partnerships, and corporations.
U S Govt
States and political subdivisions
'
Foreign governments central banks etc
..
Commercial banks in United States. .
Banks in foreign countries
.. »
Certified and officers* checks, etc, . . .

336,808
1,680
255,446
3,025
17,715
2,414
36,256
7,410
12,862

332,290
1,381
254,233
3,021
17,649
1,846
35,926
6,761
11,473

260,099
1,253
192,626
2,103
12,072
1,813
34 , 679
6,512
9,041

60,201
624
32,600
134
645
1,365
16,412
5,345
3,076

10,267
1
7,553
41
125
35
2,022
174
318

92,746
268
72,262
669
3,568
387
11,852
862
2,878

96,885
360
80,210
1,260
7,734
26
4,394
132
2,769

76,708
427
62 , 820
921
5,644
601
1,577
898
3,821

Time deposits

298,307
146
338
233,984
675
44,179
10,044
7,139
1,803

289,981
146
315
228,541
675
43,900
8,481
6,709
1,213

212,939
118
295
166,396
514
30 , 407
8,218
5,858
1,132

33,842

12,151

145
25,005
66
1,203
4,574
2,148
702

5
8,745
27
861
1,408
1,011
94

73,759
10
125
56,289
205
12,835
2,185
1,878
231

93,187
108
20
76,357
216
15,509
52
820
106

85,369
28
42
67,588
160
13,772
1,827
1,281
670

203,221
188,399
8,617
56
6,034
115

202,739 145,832
187,930 134,593
6,420
8,608
48
564,670
6,030
114
100

11,157
10,209
480
1
387
79

2,983
2,782
175
13
13

54,407
49 , 570
2,761
19
2,041
16

77,285
72,033
3,003
16
2,229
4

57,389
53,806
2,197
8
1,363
15

838,336

825,010

618,870

105,200

25,401

220,912

267,357

219,466

72,839
42,820
5,603
24,416
7,306
775
10,118
23,369

70,180
40,614
5,577
23,989
5,123
773
9,755
15,994

66,890
39,195
5,345
22,350
4,841
548
9,366
13,772

15,000
6,523
949
7,529
2,500
66
4,714
4,539

8,643
7,241
29
1,373
50
15
177
805

34,537
20 , 844
3,651
10,041
1,919
271
4,186
5,298

8,710
4,587
716
3,407
372
196
288
3,130

5,949
3,625
258
2,066
2,465
227
752
9,597

952,744

238,457

.

Mutual savings banks . .
*
Other individuals, partnerships, and corporations. » «
U S Govt.
.
States uiid political subdivisions
Foreign governments, central banks, etc
.
Commercial banks in United States
Banks in foreign countries
. . ..
.. ......
Savings deposits
Individuals a n d nonprofit organizations
Corporations and other profit organizations
U S Govt.
States < nd political subdivisions
All oth^r
.
Total deposits

.

. . .

. . .
..

.

..,

..

Federal funds purchased and securities sold under!
agreements to repurchase
.
Commercial banks
,.
Brokers and dealers
.
.
......
Others
Other liabilities for borrowed money .
.. . . . .
Mortgage indebtedness
»
Bank acceptances outstanding
..
» .
Other liabilities
,.
Total liabilities .

..

..

. . .

Subordinated notes and debentures
liQuity Ciipital
Preferred stock
Common stock
Surplus
..., ,
Undivided profits
Other capital reserves

,.

,. .

..
.
. . .» , ..

Total liabilities and equity capital. . .
MEMOIIKMS:
Demand deposits adjusted 2
Average for last 15 or 30 days:
Cash and due from banks
Federal funds sold and securities purchased under
agreements to resell
....,,..
Total loans
M ..
Time deposits of $100,000 or more . . . . . . . . .
Total deposits
. ..
. ,*
Fedeial funds purchased and securities sold und£r
agreements to repurchase
t ..
Other liabilities for borrowed money
Standby letters of credit outstanding
Time deposits of $100 000 or more
Certificates of deposit
Other time deposits.
Number of banks




.

. . .

..
.
.

926,835

714,287

132,020

35,093

267,122

280,053

5,161

5,098

4,082

1,124

83

1,823

1,053

1,079

72,884
73
16,238
29,205
25 , 500
1,868

72,066
67
16,143
28,791
25,262
1 , 803

54,522
25
11,882
21,407
19,929
1,279

11,179

2,593

2,453
4,229
4,406
91

570
1,243
728
52

18,329
2
3,818
7,655
6,422
432

22,421
23
5,041
8,280
8,373
705

18,362
48
4,356
7,798
5,571
589

1,030,789 1,003,998

772,892

144,323

37,769

287,274

303,527

257,898

249 , 1 5 1

245,082

176,795

26,996

6,167

60,288

83,345

72,356

129,797

125,226

106,860

29,510

4,372

39,824

33,154

22,936

48 , 862
529,177
139,378
816,113

45,795
515,977
1 32 , 890
803,019

35,440
394,113
109,644
600,420

2,307
73,976
28,517
98,932

1,425
21,349
9,682
24,869

17,825
143,957
43,372
213,361

13,883
154,831
28,073
263,259

13,422
135,064
29,733
215,693

80,161
6,936

77,948
4,687

74,695
4,396

20,453
2,165

9,340
53

35,775
1,842

9,127
335

5,466
2,540

13,495
141, 150
117,255
23,895

12,970
135,028
113,271
21,757

11,340
111,415
92,891
18,524

6,494
28,795
24,451
4,344

921
9,582
8,276
1,306

3,162
44,546
35,878
8,668

762
28,492
24,285
4,207

2,155
29,735
24,364
5,371

14,672

14,397

5,758

12

9

154

5,583

8,914

81

19. All large weekly reporting commercial banks

A. Assets and liabilities
Millions of dollars
19 76

Account

Total loans and investments

l

Loans :
Federal funds sold, total 2
To commercial batiks
To brokers and dealers involving—
U S Treasury securities
.
.,
Other securities
To others
,
....
Other , gross. . . .
.
Commercial and industrial 3
Agricultural
t
For purchasing or carrying securities:
To brokers and dealers:
U S Treasury securities
.
....
Other securities.
To others :
U.S. Treasury securities
Other securities
..
To nonbank financial institutions:
Personal
and
sales
finance
cos.,
etc..
.
.
Other 3
...
.
....
Real estate 8
To commercial banks:
Domestic
..
Foreign
..
Consumer instalment
Foreign governments, official institutions etc
All other loans 3 . . .
.....
LESS: Loan loss reserve and unearned
income on loans *
Other net *
Investments :
U.S. Treasury securities, total
Bills
Notes and bonds maturing
Within 1 year
1 to 5 years
After 5 years
.
..
Other securities total
Obligations of States and political subdivisions:
Tax warrants, short-term notes, and
bills
All other
Other bonds, corporate stocks, and
securities:
Certificates of participation 4
All other, incl. corporate stocks
..
Cash items in process of collection
Reserves with Federal Reserve Banks
Currency and coin . . . . .
Balances with domestic banks
Investments in subsidiaries not consolidated . . . .
Other assets
Total assets/total liabilities '
Deposits :
Demand deposits, total
Individuals, partnerships, and corporations.
States and political subdivisions.
U.S. Government
Domestic interbank:
Commercial
Mutual savings
...
, .,
Foreign :
Governments, official institutions, etc...
Commercial bunks
Certified and officers' checks
Time and savings
deposits total . ,
Savings a fi
Time, total
Individuals, partnerships, and corps
\
States and political subdivisions
Domestic interbank
Foreign governments, officialinstitutions,
etc
Federal funds purchased, etc. T
Borrowings from:
Federal Reserve Banks . .
Others
Other liabilities, etc. a
Total equity capital
and subordinated notes/
debentures 9

82



Jan. 7

Jan. 14

Jan. 21

Jan. 28

397,370

395,686

389,420

20,254
16 269

20,586
17,431

18 , 035
14,873

1,655
567
940
277,474
117,926 1
3 634

j

Feb. 4

Feb. 11

Feb. 18

Feb. 25

387,893

389,714

389,644 i

390 580

386 005

18,341

18,435
15,650

19,596
16,821

18,816
16 442

17,188
15 006

1,239
561
574
276,843
116,746
3 645

1 183
450
549
275,727
116.0B3
3 642

15,553

1,607
507
674
275 , 245
117,105
3 647

1,628
550 j
607
276,491
117,302
3 652

1,526
588
66 L
275,637
116,966
3 639

;

2 691
677
617
281,714
119,354
3 681

1,703
781
671
279,303
118,475
3 633

1,649
4,310

977
4,238

813
3,884

551
3,309 j

877
3,856

4,084

1,137
4,216

876
4,157

72
2,323

72
2,259

74
2,269

75
2 , 265

78
2,292

72
2,304

84
2 301

77
2 , 302

8,230
18,318 i
60 272

8,230
18,110
60 , 272

8,141
17,981
60,277

8,079
17,884
60,178

8,321
17,835
60,110

8,19©
17,872
60,091

8,495
17,832
60 201

8,192
17,882
60,175

2 186
5,579
35 773

2 176
5,466
35 739

2,067
5,408
35 653

2,054
5,213
35 , 646

2,159
5,114
35 , 623

1,934
5,124
35,536

1,930
5,246
35,476

2,018
5 , 109
35,543

1 635
18,332

1 559
18,097

1 615
17,732

1,581
17,659

1,538
17,734

1,583
17,408

1,592
17,942

1,646
17,425

5,561
276 153

5,520
273 783

5,470
272 004

5,468
269 778

5,263
271 , 22$

5,506
270,131

5 , 545
271 298

5,553
269 , 574

40,618
13 426

41 , 362
14,159

39 , 963
13,252

40,456
13,032

40,682
12,632

40,534
12,683

41,107
13,068

40,083
12,448

6,755
17 675
2,762
60 345

6,904
17 524
2,775 I
59 955

6,745
17 316
2 , 650
59 418

6,734
17,513
3,177
59, 318

6,803
18,159
3,088
59 , 369

6,750
18,033
3 , 068
59 , 38 3

6,007
19 116
2,916
59 359

5,998
18,827
2,810
5P , 160

6 553
39,708

6 368
39,618

6,198
39 , 407

6,107
39,414

6,235
39,225

6,218
39,320

6,057
39,382

5,959
39,499

2,282
1 1 , 802

2 251
11,718

2,215
11,598

2,205
11,592

2,190
11,719 i

2,133
11,712

2,147
11,773

2,130
11,572

35,695
23,077
5,539
14,340
2,068
39 450

35,061
21,175
5,553
13 219
2,050
40 231

34,173
22,202
5,363
12,440
2,084
38 759

31,546
22,884
5,325 f
13,218
2,034
39,510

34,945
22,411
4,633
12,695
2,064 ,
40 , 742

32,911
19,940
4,945
12,380
2,054
41,413

43,915
20,000
5,299
13,601
2,054
40,918

31,673
22,523
5,263
11,021
2,048
41,053

517,539

512,975

504,441

502,410

507,204

503,287

516,367

499,586

173,589
124,248
6,583
2,867

168 441
124,450
6,122
1,433

164,967
119,575
6,172
2,879

159,540
116,634
6,096 i
1,995

165,266
118,036
6,378
3,464

160,270
117,260
6,090
1,777

174,892 i
122,914
6,550
3,418

156 J64
115,120
5,920
1,862

26 588
863

23 571
770

23 036
742

22,258
686

23 , 820
816

22,521
70S

27,011
728 i

21,249
644

1,413
4 812
6,215

1,056
4 794
6,245

1,131
5 026
6,406

988
4,776
6,107

981
5,130
6,641

1,034
4,775
6,105

937
5,446
7,888

992
5,178
5,799

226 , 954
69 919
157,035
113,868
22 , 542
8,089

226 , 522
70 628
155 , 894
113,190
22 668
7,937

225 , 389
71 670
153,719
111,588
22 484
7,846

225 , 352
72,459
152,893
111,125
22,341
7,823

224 , 231
73,638
150,593
109,454
22,156
7,644

224,143
74,569
149 , 574
108,757
21,949
7,613

834

;

222,681
74,788
147,893 •
107,618
21,804
7,479

223,216
75,272
147,944
107 , 575
22,107
7,547

11 054

10 550

10 326

10,133

9,735

9 , 669

9,401

9,111

52,414

53,817

49 , 720

53,757

52,557

54,244

54,058

54,667

3 945
23,588

6
3 708
23,439

799
3 403
23 , 067

77
3,531
23,025

5
3,519
24,151

12
3,481
23,836

0
3,362
24,116

629
2,969
24,195

37,049

37 042

37,096

37,128

37,475

37,301

37,258

i

37,146

19. All large weekly reporting commetcial banks—Continued
A. Assets and liabilities—Continued
Millions of dollars
19 76

Account

Total 1 0*1 us and investments *
Loans :
Federal funds sold total2
To commercial banks
To brokers and dealers involving-—
U.S. Treasury securities
Other securities
To others.
Other gfoss
Commercial and industrial 3
Agricultural
For purchasing or carrying securities:
To brokers and dealers:
U S Treasury securities
Other securities
To others :
U.S. Treasury securities
Other securities
..
To nonbank financial institutions:
Personal
and
sales
finance
cos.,
etc.
.
.
.
Other 3
.
Real estate s
To commercial banks:
Domestic
Foreign
Consumer instalment
. .
Foreign governments, official institutions etc
..
All other loans 3
LESS: Loan loss reserve
and
unearned
income on loans 1
Other, net1

Mar. 3

Mar. 10

Mar. 17

Mar. 24

Mar. 31

Apr. 7

Apr. 14

Apr. 21

3<>0 167

395 896

392 378

388 387

387 393

394 358

390 675

388 285

19,932
17 171

23,434
17 907

19,306
15 962

16,918
14 298

18 , 791
15 161

24 437
17 873

20 555
16 028

17 494
14 179

1,498
591
672
276 432
1J5.884
3 660

3,322
890
1,315
278,465
1 1 5 , 748
3 686

1,904
629
811
277,756
115,489
3 674

1,393
573
654
276 , 495
114,669
3 682

2,053
769
808
276 , 239
113,475
3 722

4,797
681
1,086
275 340
112,846
3 710

2,873
694
940
275 452
112,513
3 742

1,732
683
900
275 466
112,572
3 754

1,256
4,547

3,027
5,538

2,026
5,729

1,576
5,025

1,103
4,982

1,373
5,173

1,268
5,354

904
5,669

83
2,320

76
2,326

73
2 328

78
2 318

79
2,363

73
2,384

73
2,403

73
2,384

8,419
17,929
60,088

8,272
17,922
60,171

8,301
17,962
60,165

8,215
18,194
60 , 790

8,624
18,122
61,191

8,337
18,086
61,177

8,010
18,129
61,280

7,955
18,176
61,344

1,949
5 193
35,462

1,855
5 042
35,465

1,829
5 089
35,451

1,837
5 178
35,481

2,152
5 233
35,511

2,006
5,073
35,575

2,018
5,185
35,676

1,967
5,020
35,762

1,657
17,985

1,637
17,700

1,660
17,980

1,660
17,792

1,644
18,038

1,626
17,901

1,674
18,127

1,726
18,160

5,571
270 861

5,569
272 896

5,580
272 176

5,562
270,933

8,155
268 , 084

8,211
267,129

8,255
267,197

8,258
267,208

40,477
12 149

40 , 265
12,493

41 , 747
13,292

41,432
13,162

41,859
13,047

43,966
14,368

44,039
14,320

43 , 651
14,122

6,160
19 411
2,757
58 897

6,083
19 092
2,597
59 301

6,045
19 734
2,676
59 149

5,977
19,649
2,644
59 104

5,954
20,441
2,417
58 , 659

6,042
21,075
2,481
58 , 826

6,187
20,936
2,596
58 , 904

6,265
20,735
2,529
59,932

6,017
39,459

6,290
39,596

6,015
39,515

5,904
39,601

5,504
39,519

5,493
39,589

5,546
39 , 668

6,386
39,848

2,123
11,298

2,075
1 1 , 340

2,085
11,534

2,139
11,460

2,110
11,526

2,321
11,423

2,360
11,330

2., 356
11,342

36 623
21,776
4,694
12,839
2,033
41,759

32 778
15,243
4,882
13,320
2,050
41,625

36,621
16,636
5,003
12,425
2,089
40,355

32,972
19,469
5,121
12,155
2,029
40,877

37,169
21,151
5,149
14,584
2,018
43 , 449

32,811
18,481
4,780
12,652
2,033
40,817

36,609
22,227
5,276
12,363
2,034
42,809

33,787
22,426
5,403
11,384
2,050
41,913

509 891

505 794

505 , 507

501,010

510,913

505,932

511,993

505,248

165,505
118,247
6,010
2,720

163,393
117,435
5,846
1,774

165 , 580
120,284
5,980
1,926

159,821
115,951
6,510
1,141

171 ,070
122,733
6,180
1,049

164,030
119,286
5,699
1,233

168,593
124,478
5,933
1,409

165,546
121,486
5,732
3,546

24 447
721

24 , 708
679

23 , 706
678

22,477
628

26,481
773

24,261
843

22,857
171

21,820
765

1,070
5,428
6 862

1,049
5,357
6,545

1,020
5,193
6 793

1,101
4,921
7,092

1,389
5,456
7,009

1,124
5,163
6,421

1,011
5,196
6,932

942
5,138
6,117

Time and savings
deposits total
Savings 5 6
Time, total
Individuals, partnerships, and corps
States and political subdivisions
Domestic interbank
Foreign governments, official institutions,
etc

222 425
76,031
146,394
106,754
21,894
7,579

223 657
76,473
147 ,184
107,457
21,784
7,635

22 3 955
76,947
147,008
107,807
21,407
7,698

225 002
77,411
147,591
108,280
21,407
7,993

225 , 983
78 ,422
147,561
108,189
21,460
7,983

224 , 592
79,066
145,526
106,668
21,407
7,719

22J , 380
78,812
144,568
105,785
21,707
7,603

222, 1 98
79,184
143,014
104,354
21,776
7,414

8,694

8,792

8,498

8,346

8,321

8,177

7,944

7,955

Federal funds purchased, etc. 7
.
. .
Borrowings from:
Federal Reserve Banks
Others
Other liabilities, etc. 8 . . .
Total equity capital
and subordinated notes/
debentures 9

56,761

53,244

50,278

50,188

50,105

54,951

56,872

54,535

293
2,923
24 636

22
3,331
24,771

55
3,277
25,093

303
3,260
24 , 860

17
3,791
21,203

27
3,691
19,890

312
3,738
20,311

142
3,388
20 , 669

37 , 348

37,376

37 , 269

37,576

38,744

38,751

38,787

38,770

Investments:
U.S.Treasury securities, total
Bills
Notes and bonds maturing—Within 1 year
1 to 5 years
After 5 years
Other securities total
Obligations of States and political subdivisions:
Tax warrants, short-term notes, and
bills
All other
Other bonds, corporate stocks, and
securities :
Certificates of participation <
All other, incl. corporate stocks. . . . . . .
Cash items in process of collection
Reserves with Federal Reserve Banks
Currency and coin
Balances with domestic banks
Investments in subsidiaries not consolidated. . . .
Other assets
Total assets/total liabilities 1 .
Deposits :
Demand deposits, total
Individuals, partnerships, and corporations.
States and political subdivisions
U.S. Government
Domestic interbank:
Commercial .
.
...
Mutual savings
Foreign :
Governments, official institutions, etc. . .
Commercial banks
Certified and officers* checks




83

19. All large weekly reporting commercial banks—Continued

A. Assets and liabilities—Continued
Millions of dollars
19 76

Account

Total loans and investments 1

Apr. 28

May 5

May 12

May 19

May 26

June 2

June 9

June 16

385 452

387,362

385,644

386,044

383,523

391,482

389 , 194

390 971

13 §06
15 880

13 311
15,342

17 145
13 913

16 197
13,221

20,347
15,374

18 459
13 559

IS 563
14 58?

1 644
637
645
275,711
112 951
3 803

1 763
600
606
274,735
112 322
3,836

1 939
583
710
275 , 604
112 023
3 884

1 749
550
677
275,364
111 882
3 922

3,569
681
723
277,819
112 457
3,927

1 475
711
714
277,331
111 938
3,987

2 408
788
780
278,630
112 207
4 040

1,008
5 341

782
5,320

900
5 859

886
5 833

1,557
5,921

2,181
s 822

1,148
6 115

77
2,386

75
2,403

84
2,484

87
2,440

96
2,434

NS

2,450

S<>
2,434

7,843
18,167
61,330

7,615
18,148
61,412

7,824
18,038
61,636

7,567
17,928
61,756

7,919
18,020
61,700

7,511
17,986
61,807

8,133
18,095
61,897

1 , 999
5,052
35 953

1,990
5,311
36 029

2 043
5,306
36 103

2 148
5,356
36 235

2,164
5,423
36,302

2,106
5,674
36,347

2,365
5,832
36 500

1,741
18,060

1,762
17,730

1,746
17,674

1,831
17,493

1,945
17,954

1 , 809
17,625

1,781
1 7 , 997

8,284
267 427

8,355
266 380

8,412
267 192

8,447
266 917

8,459
269 , 360

8,532
268 799

8,575
270 055

41 406
11 986

42,052
12,413

42,087
12,652

42,140
12,343

41 , 399
12,204

42,809
13,098

42,563
13,475

42,424
12,786

6 160
20,766
2 494
59,669

6,397
20,761
2,481
59,077

6,400
20,537
2,498
58 , 866

6,447
20,621
2,729
59,567

6,490
20,001
2,704
59,010

6,275
20,718
2,718
58,966

6,200
20,310
2,578
59,373

6,237
20,734
2,667
59,929

6 110
39 812

5,986
39 , 628 j

5,984
39,438

6,322
39 927

6,222
39 644

6,145
39 , 642

6,123
40 , 240

6,254
40,367

2,338
11,409

2,367
11,096

2,376
11,068

2,337
10,981

2,323
10,821

2,376
10,803

2,357
10,653

2,386
10,922

33 587
21,281
5 510
11 600
2,044
42 , 1 50

34,410
23,238
4,710
12 530 '
2,049
43,758

34,537
22,844
5,274
11 538
2,062
43,641

33,153
21,026
5 202
11 805
2,116
42 , 389

32 949
19,640
5 , 539
12 174
2,143
44,452

39,581
16,157
5,224
12,919
2,136
45,107

31,492
17,941
5,253
11,915
2,110
44,45?

38 , 233
21,452
5 , 304
12,563
2,134
44,201

Loans:
:
Federal f until void total"
..
17 987
To commercial banks
15 191 i
To brokers mid dealers involving—
U S Treasury securities
>
1 332
Other securities
573
To others
.
i
891
Other, gross
274 694
1
Commercial and industrial ^
• 112 418
Agricultural
3 770
For purchasing or carrying securities:
To brokers and dealers:
776
U.S. Treasury securities
Other securities
5 454
To others:
U S Treasury securities,
71
2 393
Other securities
To nonbank financial institutions:
7,807
Personal and sales finance cos., etc, . . .
Other »
18 225
61,322
Real estate 3
To commercial banks:
1 876
Domestic
4 948
Foreign
Co n s u me r i n s ta 1 men t
• i 35 929
Foreign governments, official institu1,755
tions, etc
All other loans 3
17 950
LESS: Loan loss reserve
and
unearned
8 304
income on loans l
Other, net l
266 390
Investments:
U.S. Treasury securities total
Bills
Notes and bonds maturing—
Within I year
I to 5 years
After 5 years
Other securities, total
Obligations of States and political
divisions:
Tax warrants, short-term notes,
bills
All other
Other bonds, corporate stocks,
securities:
Certificates of participation *
All other, incl. corporate stocks.

suband
and
..

Cash items in process of collection. . .
Reserves with Federal Reserve Banks
Currency and coin
Balances with domestic banks
Investments in subsidiaries not consolidated, . .
Other assets
,
Total assets/total liabilities »
Deposits :
Demand deposits, total
Individuals, partnerships, and corporations.
States and political subdivisions
U.S. Government
Domestic interbank:
Commercial
Mutual savings
Foreign :
Governments, official institutions, etc.
Commercial banks
Certified and officers' checks
Time and savings
deposits total
Savings 5. . . G
Time, total
Individuals, partnerships, and corps. .
States and political subdivisions
Domestic interbank
Foreign governments, official institutions,
etc
Federal funds purchased, etc. 7
Borrowings from:
Federal Reserve Banks
Others
Other liabilities, etc. 8
Total equity capital
and subordinated notes/
debentures 9

84




501,624

508,057

505,540

501,735

500,420

512,606

502 , 362

514,858

162 626
118,064
6,003
2 442

164,971
117,561
6,548
2,962

161,905
118,467
5,954
1,663

159,826
116,486
5,854
2,729

160 , 640
116,076
5,899
1,819

170,797
124,288
6 t OOO
1,170

759, 516
117,816
5,510
1,033

174,667
124,165
6,135
5,767

21 979
744

23 951
838

21 926
'710

21 987
707

23 038
690

24 , 88 1
816

22,128
725

24,390
774

1,278
5 155
6,961

1,324
5 435
6,352

1,105
5 300
6,780

1,049
5 249
5,765

1,106
4 886
7,126

1,322
5,377
6,943

1,098
5 , 307
5,899

1,142
5,365
6,929

221 616
79 348
142 268
104,191
21,660
7,326

221,987
79 922
142 065
104,367
21,334
7,129

227 641
80 161
141 480
104,061
21,211
6,815

221 728
80 368
141 360
104,038
21,092
6,675

222 890

222,700
79 , 9 1 3
142,787
105 , 247
20,903
6,909

223,447
79,853
143,594
105,856
20,786
6,959

222,907
79 , 626
143,281
105,820
20,335
6,946

SO 087

142 803
105,153
21,126
6,853

7 593

7 761

7,920

8 054

8,190

8,439

8,510

54,275

57,234

58,272

55,518

51,265

53,752

53,934

52,451

206
3 494
20,515

20
3 471
21,397

241
3 521
20,943

505
3 827
21,217

599
3 652
22 , 097

128
3,730
22,015

324
3,749
21,879

22
3 , 840
21,573

38 892

38 977

39 017

39 114

39 277

39,484

39,513

39,398

8 123 i

19. All large weekly reporting commercial banks—Continued
A. Assets and liabilities—Continued
Millions of dollars
IS 76

Account

Total Io<ins and investments *
Loans :
Federal funds sold, total ^
...
...
To commercial banks
To brokers and dealers involving—
\J S Treasury securities . ,
...
Other securities
To others
Other, gross .
Commercial and industrial 3
Agricultural
For purchasing or carrying securities:
To brokers and dealers :
U.S. Treasury securities
Other securities
To others :
U.S. Treasury securities
.
Other securities
To nonbank financial institutions:
Personal
and sales finance cos., etc.. . .
Other 3
...
Real estate 3
To commercial banks:
Domestic
Foreign
..
Consumer instalment
Foreign governments, official institutions etc
All other loans 3
...
LESS; Loan loss reserve
and unearned
l
income
on
loans
.
..
Other, net1. .
..
Investments:
U,S.Treasury securities, total
Bills
Notes and bonds maturing—
Within 1 year
1 to 5 years
. ...
After 5 years .
Other securities total
.
.
,
Obligations of States and political subdivisions :
Tax warrants, short-term notes, and
bills
All other
Other bonds, corporate stocks, and
securities :
Certificates of participation 4
!
All other, incl. corporate stocks
Cash items in process of collection
..
Reserves with Federal Reserve Banks
Currency and coin
Balances with domestic banks
Investments in subsidiaries not consolidated . . . .
Other assets
Total assets/total liabilities 1
Deposits:
Demand deposits, total
fndividuals, partnerships, and corporations.
States and political subdivisions
U.S. Government
Domestic interbank:
Commercial
Mutual savings
Foreign :
Governments, official institutions, etc, . .
Commercial banks
Certified and officers' checks
Time and savings deposits total
Savings ** 9
Time total
Individuals, partnerships, and corps
States and political subdivisions
Domestic interbank
Foreign governments, official institutions^
etc
.
. ,
Borrowings from:
J ederal Reserve Banks
.
Others .
.
i
Other liabilities etc 8
Total equity capital
and subordinated notes/
9
debentures
.
^




June 23

June 30

July 7

July 14

July 21

July 28

Aug. 4

Aug. 11

386 937

391 739

389 702

389 018

387 630

383 893

389 005

390 987

17 368
13 713

19 540
15 881

19 422
15,939

18 677
14 666

17 807
14 804

16 321
13 387

18 946
15 927

20 533
15 756

2 044
776
835
277,461
112,088
4 087

1 342
745
1 572
279,120
112,766
4 168

1,946
786
751
278,587
112,191
4,165

2 527
722
762
277,552
111,792

1 635
677
691
277 394
1 1 1 , 684
4 156

1 794
537
603
275 538
110 905
4 174

1 613
715
691
276 648
110,898
4 176

3 191
817
769
277 273
110 977
4 173

1,212
5,832

1,066
6,274

1,122
6,344

1,135
6,112

1,198
6,314

770
6,051

1 ,058
6,394

1 717
6 507

85
2,469

81
2,495

83
2,520

2,514

83

81
2 493

78
2 522

79
2 527

82
2 544

7,521
1 8 , 069
61 785

7,769
18,098
61 957

7,493
18,040
61,942

7,116
18,011
62 037

7,150
17,807
62 174

7,189
17,679
62 186

7,049
17,625
62 178

6,961
17 519
62 215

2 384
5,774
36 595

2 330
5,893
36 547

2,331
5,885
36,725

2 213
5,844
36 767

2 148
5,792
36 893

2 028
5,798
37 070

2 005
5,973
37 147

1 887
5 827
37 217

1 772
17,788

1 761
17,915

1,797
17,949

1 802
17,959

1 789
17 715

1 784
17,304

1 809
17,730

1 804
17 843

8,563
268 , 898

8,393
270,727

8,416
270,171

8,453
269 , 099

8 496
268 , 898

8,521
267,017

8,542
268,106

8,598
268,675

41,331
12 458

42,148
12 879

41 , 192
12 492

41 , 668
12 069

41,310
11 955

41,184
12 008

42,745
11 918

42,376
11 533

6 129
20,133
2,611
59 340

6 139
20 632
2,498
59 324

6,202
20 , 090
2,408
58,917

6 272
20 , 1 08
3,219
59,574

6 146
20 115
3,094
59 615

6 176
19,956
3,044
59,371

6 443
21 ,109
3,275
59 , 208

6 351
21,086
3,406
59 , 403

5,875
40 304

5,798
40 182

5,785
40,073

6,132
40 215

6,039
40 173

5,940
40 077

5,864
40 , 069

6,122
40 167

2,399
10,762

2,373
10,971

2,384
10,675

2,375
10,852

2,396
11,007

2,418
10,936

2,444
10,831

2,422
10,692

35,963
17,639
5 515
12,756
2,135
43,283

39 940
20,679
5 425
14,668
2,205
46,839

41,461
21,468
4 990
13,828
2,173
47,533

37,017
21,698
5 444
11,932
2,124
45 , 700

35,536
21,035
5 403
12,724
2,112
44 , 559

32,282
21,701
5 504
1 1 , 279
2,136
45,212

36,693
25,324
4 838
11,253
2,124
45 , 860

32,997
18,588
5 216
11,557
2,151
44 , 680

504 , 228

521,495

521,155

512,933

508 , 999

502,007

515,097

506,176

164,557
119,383
6,294
1,536

178,796
126,605
6,841
2,744

175,587
125,659
6,158
1,801

168,487
124,276
5,810
1,176

167,334
120,633
5,832
2,581

161,487
117,802
5,630
1,861

167,250
119,730
6,210
3,084

161,389
118,538
5,573
1,643

23,325
657

27,386
854

27,476
961

23,375
842

23,534
742

22,557
726

24,467
879

21,998
788

1,186
4 888
7,288

1,245
5 702
7,419

1,167
5,950
6,415

1,175
5 629
6,204

1,069
5 174
7,769

1,234
5 368
6,309

1,196
5,303
6,381

1,195
5,290
6,364

224,106
79 478
144,628
107,261
20,274
6,939

225,481
79 885
145,596
108,418
19,964
6,829

22 3, 9 79
80,030
143,949
106,983
19,903
6,529

224 , 348
80 108
144,240
107,066
20,012
6,654

223 , 756
80 156
143,600
106,693
19,989
6,676

223 , 225
80,180
143,048
106,389
20,158
6,492

22,? , 988
80,365
141,623
105,521
20,029
6,340

22; , 959
80,502
141,457
105,423
20,093
6,333

4 167

8,494

8,715

8,815

8,827

8,609

8,389

8,139

8,020

49,934

51,189

55,463

54,434

52,817

52,164

59,809

56,908

764
3,785
21,623

171
3,790
22,280

15
3,658
22,748

970
3,709
21,266

66
4,003
21,333

592
3,608
21,226

707
3,880
21,453

562
3,876
21,475

39,459

39,788

39,705

39,719

39 , 690

39,702

40,010

40,007

85

19. All large weekly reporting commercial banks—Continued

A. Assets and liabilities—Continued
Millions of dollars

19 76

Account

Total loans and investments *
Loans :
Federal funds sold* total z
To commercial banks
.
To brokers and dealers involving- U.S. Treasury securities
Other securities
To others
Other gross, .
..
Commercial and industrial 3
Agricultural
..,
For purchasing or carrying securities :
To brokers and dealers:
U.S. Treasury securities . . .
Other securities
To others :
U.S. Treasury securities
Other securities, .
To nonbank financial institutions:
Personal
and sales finance cos., etc. .
Other 3
Real estate 3 . ,
To commercial banks:
Domestic . .
Foreign
Consumer instalment
Foreign governments, official institutions, etc. . .
All other loans 3
LESS: Loan loss reserve
and unearned
income on loans l . . . . ,
Other, net 1
. ..
Investments:
U.S. Treasury securities, total
Bills
Notes and bonds maturing—
Within 1 year
1 to 5 years.
After 5 years
Other securities, total
Obligations of States and political subdivisions:
Tax warrants, short-term notes, and
bills
All other
Other bonds, corporate stocks, and
securities:
Certificates of participation 4 .
All other, incl. corporate stocks. . .
Cash items in process of collection . , .
Reserves with Federal Reserve Banks
Currency and coin , .
Balances with domestic banks
Investments in subsidiaries not consolidated .
Other assets
Total assets/total liabilities1
Deposits :
Demand deposits total,
Individuals, partnerships, and corporations.
States and political subdivisions
U.S. Government
... .
Domestic interbank:
Commercial . .
..
...
Mutual savings
Foreign:
Governments, official institutions, etc...
Commercial banks
Certified and officers' checks

Aug. 18

Aug. 25

Sept. 1

Sept. 8

Sept. 15 j Sept. 22

Sept. 29

391,683

390 , 068

392 973

395 008

397,201

392,526

392 , 844

Oct. 6

401,271
i

19 412
15,611

19 356
15,913

20 705
17 533

23 470
19 597

25 315
18,184

18 791
15 572

18 702
15,709

25 001
17,705

2,200
719
882
277 781
110,717
4 173

2,111

1 638

2 426

3,613

1,820

1,693

5,314

275 236
110 611
4 173

277 460
111 199
4 176

279 314
111,784
4 168

278 839
112 172
4 isg

278 922
112,319

4 172

1,334
281 077
112 503
4 168

1 204
7,020

1 170
6,637

1 628
6 391

2,207
6,463

1 215
6,714

1,024
6,439

2 370
7,161

79 1
2 535 •

2

78
536

2 532

76

81
2,554

2 531

83

594
738

82

653
881

277 995 j
111*058
4 175
1 611
6,814

78

752
695

702
816

623
776

418
882

648

74

2 539

2 551

2 554

7,165
17,473
62 265

6,860
17,322
62 268

6,897
17 336
62 347

6,812
17 301
62 385

6,895
17,325
62 583

6,637
17,144
62 637

6,644
17,126
62 , 749

6,676
17,122
62 691

2 024
6,130
37 328

1 793
5 887
37 513

1 924
5*984
37 730

J 665
5 875
37 792

1 846
5,793
37 901

1 767
6,137
38 043

1,799
6,050
38,213

1 819
5,997
38 211

1,749
17,911

1 806
17,563

1 847
17 640

1 928
17 694

1,943
17,792

1 851
17,756

2,217
17,535

2,025
17,729

8,631
269 150

8,617
267 619

8,623
269 572

8,652
268 808

8,670
270 644

8 , 679
270 160

8,611
270,311

8,502
272 575

43,546
11,012

43,385
11 397

43,124
10 788

42,617
10 582

43,250
10,975

43,603
11,331

43,422
10,920

43,734
11,301

6,240
21 996
4,298
59,575

6,142
21 547
4 299
59,708

6 136
22 115
4*085
59, 772

6 158
21 813
4 064
60,113

6,234
21 994
4,047
5P.9P2

6,194
22 038
4,040
59,972

6,140
22,335
4,027
60,409

6,092
22 422
3,919
5P , 961

•
6,152
40,217

6 073
40,199

6 130
40 , 234

6 578
40 339

6 298
40 , 289

6 210
40,127

6,409
40,312

6 405
40,038

2,424
10,782

2,474
10,962

2 621
10,787

2 510
10,686

2,524 I
10,881

2,611
11,024

2,359
11,329

2,326
11,192

33,295
21,653
5,348
11,612
2,155
45 114

31 130
18,838 '
5 421
11,675
2,114
44 935

35 348
21,804
5 305
12,165
2,136
45 761

36 435
22,207
5 204 !
11,540 ;
2,119
46 242

39,041
17,963
5,441
12,017
2,116
46 144

33,459
19,404
5,474
10,502
2,120
45 275

35,951
23,243
5,619
11,902
2,116
45,975

36,789
16,690
4,919
12,098
2,160
46,705

510 860

504 181

515 492

518 755

519,923

508 760

517,650

520 , 632

161 893
118,387
5,570
2,621

158 537
1 1 5 , 472
5 445
1,797

166 612
120^299
6 344
1,126 j

166 507
121,104
5 790
1,697

775 043
126,127
6,146
4,736

162 253
117,376
6,010
2,603

165,958
119,093
5,620
2,668

777 028
121,261
5,830
2,414

22,211
778

23 037

24 615

24 826

849

24,028
764

23,140
744

24,007
761

26,128
968

1,031
5,265
6,030

1,129
5 117
5,806

1,025
5 095
7,263

1,014
5 398
5,829

1,179
5,390
6,673

1,141
5,344
5,895

1,019
5,745
7,045

1,100
5,516
7,811

221 ,317
80 873
J40 444
105,356
19 803
5 989

227 , 529
81 273
140 056
105,028
19 743
5 919

220,946
81,216
139 730
104,911
19,639
5,850

223,692
82,078
141,614
106,381
19,797
5,924

14Q, 738

734

845

222,285 !
8 1 , 579
140 706
105,716
19,672
5,901

Time and savings deposits, total . . ,
Savings °. . .
Time totalfi
Individuals, partnerships, and corps
States and political subdivisions
Domestic interbank
Foreign governments, official institutions,
etc

221 , 548
80,541
141 007
105,310
19,978
6,236

7,938

7,883

7,790

7,899

7,868

7,935

7,952

7,952

Federal funds purchased, etc. 7
Borrowings from:
Federal Reserve Banks
Others
Other liabilities, etc, 8 .
Total equity capital
and subordinated notes/
debentures 9
,.

60,457

57,963

61,625

65,785

57,519

58,828

62,498

60,424

213
3,931
22,904

3,837
22,101

210
3,932
21 690

3,781
21 303

131 !
4,033 1
22,215

24
3,791
21,517

259
3,779
21,337 !

10
3,967
21 ,027

39,914

39,963

40,106

40,050

40,036

40 , 062

40,127 1

40,388

86



221 , 780
80 762
141 018 1
105,465
20,141
5 991

225 , 788
83,050
105 , 697
19,662
5,896

19. All large weekly reporting commercial banks—Continued

A. Assets and liabilities—Continued
Millions of dollars

1976
Account

Total loans and investments 1
Loans :
Federal funds sold total 2
...
To commercial banks
To brokers and dealers involving —
U S. Treasury securities
OthiT securities
To others
Other sfoss
Commercial and industrial 3 . . .
.
,
Agricultural
For purchasing or carrying securities:
To brokers and dealers :
U S Treasury securities
Other securities
...
To others:
U.S. Treasury securities
Other securities
To nonbank financial institutions :
Personal
and sales finance cos., etc.. . .
Other 3
Real estate 8
To commercial banks:
Domestic. . .
...
J'oreign
Consumer instalment
. ...
Foreign governments, official institutions etc
....
.
...
All other loans 3
LESS: Loan loss reserve
and
unearned
income on loans 1
Other, fief 1
.. . .
.
....
Investments:
U S. Treasury securities total
Bills
Notes and bonds maturing—
Within 1 year. . .
$ to 5 years
After 5 years. . . .
Othe? securities total
Obligations of States and political
divisions :
Tax warrants, short-term notes,
bills
All other
Other bonds, corporate stocks,
securities:
Certificates of participation 4 .
All other, incl. corporate stocks.

and

Oct. 27

Nov. 3

Nov. 10

Nov. 17

Nov. 24

Dec. 1

397,745

397,796

396,807

401,567

400,732

404,395

401,581

409,195

21 , 072
17 769

19,723
16,269

19,533
15,988

22,179
18,882

22,476
17,685

20,729
16,775

19,424
15,836

22,865
16,867

1,824
542
937
290, -542
112,485
4,184

2,099
487
868
281 , 865
112,983
4,186

1,959
420
1,166
281 , 447
113,300
4,207

1,795
548
954
283,254
114,224
4,201

3,054
557
1,180
281,944
114,125
4,198

2,584
495
875
283,917
114,451
4,201

2,142
614
832
282, 784
114,845
4,175

3,847
747
1,404
286,427
115,425
4,216

1*278
7,078

1,666
7,371

1,514
7,454

1,609
7,123

1,198
7,026

1,801
7,179

1,213
6,801

2,283
7,740

74
2,505

71
2,525

71
2,539

71
2,523

70
2,520

72
2,537

70
2,525

70
2,524

6,763
17,198
62,830

7,103
17,007
62,861

6,871
16,977
62,958

7,075
17,075
62,982

6,900
17,007
62,989

6,913
16,918
63,203

6,862
16,716
63,144

6,974
16,908
63,167

2,048
5,876
38,203

2,070
5,972
38,210

1,784
5,840
38,365

1,814
6,028
38,382

1,698
5,938
38,380

1,914
6,137
38,421

1,878
6,015
38,510

2,071
6,019
38,534

1,899
18,121

1,886
17,954

1,881
17,686

1,932
18,215

1,949
17,946

1,894
18,276

1,857
18,173

1,930
18,566

8,562
271,980

8,576
273,289

8,580
272,567

8,598
274,656

8,668
275,276

8,694
275,223

8,750
274,034

8,707
277,720

44,473
10,862

43,918
10,617

44,231
11,208

44,458
10,826

44,621
11,055

47,356
11,770

47,046
10,903

47,615
11,526

22,707
4,803
69,220

6,101

5,972
22,763
4,566
60 , 866

6,085
22,414
4,524
60,176

6,360
22,874
4,398
60,274

6,499
22,473
4,594
60,359

6,431
24,377
4,778
61,087

6,465
24,945
4,733
61,077

6,557
24,833
4,699
60,995

6,445
40,063

6,795
40,148

6,400
39,962

6,431
39,922

6,447
40,156

6,997
40,205

6,685
40,232

6,689
40,151

2,314
11,398

2,281
11,642

2,306
11,508

2,295
11,626

2,263
11,493

2,224
11,661

2,244
11,916

2,265
11,890

40,289
24,723
5 , 524
12,453
2,173
47 , 043

35,788
23,011
5,468
12,374
2,347
45 , 569

34,800
19,590
5,716
11,659
2,359
45,724

41,000
24,984
5,100
13,703
2,401
46,689

35,513
20,589
5,299
12,240
2,251
47,170

37,083
20,333
5,546
12,453
2,230
45,924

37,784
22,049
5,378
13,603
2,239
48,522

43 , 259
16,606
5,783
13,227
2,280
49 , 380

529,950

522,353

516,655

535,444

523,794

527,964

531,156

539,730

1 73 , 479
US ,671
5,577
1 ,605

169,016
122,605
5,770
2,544

167,048
120,949
5,946
2,031

178,636
126,323
6,336
2,676

166,944
121,186
5,953
1,625

170,235
124,118
6,240
1,760

171,493
120,935
6,282
1,440

183,072
130,286
6,597
1,385

26,141
955

24,464
913

23,603
861

28,789
1,071

23,770
914

24,130
831

28,187
756

27,430
890

1,210
5,702
6,618

1,226
5,439
6,055

1,469
5,587
6,602

1,407
5,543
6,491

1,197
5,886
6,413

1,054
5,810
6,292

1,686
5,978
6,229

1,440
5,811
9,233

223 , 220
83,263
139,957
105,069
19,570
5,969

222,806
83,884
138,922
104,499
19,305
5,797

222,620
84,300
137,320
104,266
19,165
5,686

227 , 646
84,909
136,737
103,454
18,661
5,513

222,787
85,361
137,426
104,148
18,657
5,493

222,843
85,762
137,081
104,171
18,522
5,566

224,559
86,175
138,184
105,379
18,650
5,584

224,828
86,851
137,977
105,244
18,410
5,557

7,884

7,870

7,807

7,764

7,793

7,511

7,262

7,476
64,571

and
.

.

Total assets/total liabilities *
Deposits :
Dctnand deposits, total
Individuals, partnerships, and corporations.
States and political subdivisions. .
..
U.S. Government
Domestic interbank:
Commercial
Mutual savings
Foreign :
Governments, official institutions, etc...
C^otnmercial banks
Certified and officers* checks .
Time and savings
deposits total
Savings 5 G
finie, total
.
Individuals, partnerships, and corps
States and political subdivisions
Domestic interbank
Foreign governments, official institutions,
etc.
Federal funds purchased, etc.
Borrowings from:
Federal Reserve Banks
..
Others
Other liabilities, etc. 8
Total equity capital
and subordinated notes/
debentures 9




Oct. 20

sub-

Cash items in process of collection
Reserves with Federal Reserve Banks. . . .
Currency and coin . .
Balances with domestic banks
Investments in subsidiaries not consolidated
Other assets.

7

Oct. 13

67,524

64,071

60,516

67,841

67,782

67,447

67,510

11
3,942
21,295

40
3,916
21,894

511
3,893
21,535

1,084
3,932
21,551

95
4,206
21,138

11
4,816
21,860

30
4,606
22,419

317
4,322
21,754

40 , 479

40,610

40,532

' 40,754

40,842

40,752

40,739

40,866

87

19. All large weekly reporting commercial banks—Continued

A. Assets and liabilities—Continued
Millions of dollars

Dec. 8

Total loans and investments *.

Adjustment
bank
A

19 76

Account

........ 409 928

Loans:
Federal funds sold total z
23 262
To commercial banks
IB 638
To brokers and dealers involving—
U S. Treasury securities
2 619
791
Other securities
1 214
To others
Other, gross, . .
286
049
115,594
Commercial and industrial 8 .
Agricultural,
4 174
For purchasing or carrying securities:
To brokers and dealers:
2,047
U.S. Treasury securities
7 449
Other securities
To others:
72
U.S. Treasury securities
Other securities
..
2 530
To nonbank financial institutions:
6,847
Personal
and sales finance cos., etc. . . .
16,893
Other 3 .
Real estate a
63 195
To commercial banks :
1,934
Domestic ,
6,195
Foreign .
38 606
Consumer instalment
Foreign governments, o fficial institu1,907
tions, etc
8
18,606
All other loans
....
LESS: Loan loss reserve and unearned
8,734
income on loans *. . .
Other, net l
277 ^5
Investments :
U.S. Treasury securities, total
Bills
Notes and bonds maturing—
Within 1 year
1 to 5 years
..
After 5 years
Other securities,, total
.
...
Obligations of States and political subdivisions:
Tax warrants, short-term notes, and
bills..
All other
Other bonds, corporate stocks, and
securities:
Certificates of participation 4
All other, incl. corporate stocks

Dec. 15

Dec. 22

Dec. 29

415 285

414 897

416 399 +1 006

23 936
18 938 '
3 065
761
1 172
288 752
116,473
4 185

24 488
20,151

+15
4-15

2 235
2 638
811
722
1 099
1 291
288 361 289,085
116,632 116,588
4 197 1 4 261

+725
+837
+5

24 385
19 926 •

2,075
8 524

1,569
8 219

1,535
8 184

74
2 505

74
2 506

79
2,506

+25

7,263
17,039
63 417

7,235
16,848
63 437

7,530
17,008
63 446

-69
-466
+200

1,828
5 948
38 786

1,987
5,924
39 013

2,008
6,054
39 317

+ 13
+ 183

1,876
18 759

1,863
18,857

1,803
18,766

+20
-19

8,726
8,740
280 012 \ 279 635

8,625
280 460

+ 702

"'+is'

-19

+23

48,203
11 461

49,777
12 835

49,432
12 428

50,076
13 251

+ 115
+9

6
25
4
61

741
715
286
148

6 713
26,082
4 147
61 560

6 685
26,106
4 213
61 445

6 796
25,841
4 188
61,375

+40
+53

+ 13
+ 174

6 713
40,358

6 893
40,613

6,656
40,384

6,530
40,476

+30
+83

2 260
11,817

2 234
11 , 820

2,290
12,115

2,354
12,015

35 , 890
21,516
5 550
13,261
2,287
47,795

45 t 042
24,198
5 827
13,306
2,287
49 , 824

42,354
22,396
5 793
14,120
2,390
49 , 022

39,696
23,349
6 436
13,841
2,345
50,347

Total assets/total liabilities *
536 , 227
Deposits :
Demand deposits, total
170 509
Individuals, partnerships, and corporations. 123,875
States and political subdivisions
5,550
U.S. Government
1 064
Domestic interbank:
24,761
Commercial
Mutual savings
877
Foreign:
1 134
5,845
Commercial banks
....
Certified and officers* checks
7 403
226,790
Time and savings
deposits,
total
Savings G . . .6. . . , . .
87 769
Time, total
139 021
Individuals, partnerships, and corps
106,316
States and political subdivisions
18 336
Domestic interbank
5 567
Foreign governments, official institutions,
etc.
7 508

555 , 769

550,972

Cash items in process of collection
Reserves with Federal Reserve Banks
Currency and coin
Balances with domestic banks . , .
Investments in subsidiaries not consolidated. . . .
Other assets. . . . .

Federal funds purchased, etc. 7
Borrowings from:
Federal Reserve Banks, , ,
Others
Other liabilities, etc. 8
Total equity capital
and subordinated notes/
debentures 9




26,360
871

26,686
744

1 357
5,545
9 184

1 228
5,921
7 671

1 428
5,934
7,803

227,231
88,391

138 840

105,499
18 827
5 521
7 710

+44

-12
+63
552,413 +1,197
181,528
130,576
6,04t
1,619
27,383
744

190 753 182,422
135,570 j 131,493
6,243
6,594
5 623
2 085

+61
+34
+39
+23

+388
+315
+30
+ 14
+6

+1
+22

229,233 i 231,416
89,473
88 712
140 521 141,943
107,545
106,427
19,311 I
19 214
5,702
5 626
8 024
7 956

71,709
1
4 389
21 812

68,719

72,342

71,422

298
4 161
23 671

50
3 929
21 *962

340
4 157
22,470

41,017

40,936

41,034 1 41,080

+573
+341

+ 170
+59

+36

+iii
1

+89

19. AH large weekly reporting commercial banks—Continued
B. Balance sheet memoranda, 1976
Millions of dollars

Jan. 7

Account

Total loans (gross) and investments, adjusted *. 384,476
Total loans (gross) adjusted2
283,513
108,439
Demand deposits adjusted

Jan. 14

Jan. 21

Jan. 28

Feb. 4

Feb. 11

Feb. 18

Feb. 25

Mar, 3

381,599
280,282
108,376

377,950
278 , 569
104,879

375,754
275,980
103,741

377 , 1 68
277,117
103,037

376,395
276,478
103,061

377,753
277,287
100,548

374,534
275,291
101,980

376,618
277 , 244
101 765

Large negotiable time CD's3 included in time
and savings deposits: .
Total . . .
.
Issued to IPC's
.
Jssued to others

80,461
53,949
26 512

79 , 108
53,167
25 941

77,197
51,568
25,629

76,638
51,122
25 516

74,539
49 , 369
25 170

73,962
48,737
25,225

72,427
47,591
24 836

72,246
47,337
24,909

70,969
46 , 592
24 377

All other large time deposits: "
Total
Issued to IPC's
Issued to others . . .

33 634
18,038
15 596

33,624
17,769
15,855

32,892
17,367
15,525

32 244
16,930
15 314

3 1 , 650
16,677
14 973

30,959
16,399
14,560

30,533
16,171
14,362

30,455
16,091
14,364

30 041
15,997
14 044

Savings deposits, by ownership category :
Individuals and nonprofit organizations.5 . . ,
Partnerships and corporations for profit . . .
Domestic6 governmental units
All other

68,531
991
335
61

69,006
1,141
417
64

69 , 779
1,347
484
60

70,306
1,528
563
62

71,149
1,703
659
127

71,835
1,860
745
129

71,970
1,906
759
93

72,258
2,141
790
83

72,881
2,246
816
88

Gross liabilities to foreign branches

3 401

3 350

3,449

3 118

3 258

2,987

3,254

3 416

3 613

Loans sold outright to selected institutions : 7
Commercial and industrial
Real estate
,..
All othe?
.

2 619
206
1,600

2,617
206
1,546

2,598
206
1,551

2,522
209
1,562

2 559
208
1,545

2,710
207
1,537

2,710
205
1,516

2,725
200
1,552

2,732
201
1,549

Mar. 10

Mar. 17

Mar. 24

Mar. 31

Apr. 7

Apr. 14

Apr. 21

Apr. 28

May 5

Total loans (gross) and investments, adjusted V 381,703
282,137
Total loans (gross) adjusted2
104,133
Demand deposits, adjusted

380,167
279,271
103,327

377,814
277,278
103,231

378,235
277,717
106,371

382,690
279 898
105,725

380,884
277,941
107,718

380,397
276,814
106,393

376,689
275,614
104,618

377,767
276,638
103,648

Large negotiable time CD's3 included in time
and s ivings deposits :
Total
Issued to IPC's
Issued to others

71,891
47,196
24 , 695

71,956
47 , 374
24,582

72,673
48,100
24,573

73,011
48,130
24,881

71,158
46,805
24,353

69,916
46,013
23,903

68,262
44,559
23,703

67,571
44,332
23,239

67,496
44 , 240
23,256

All other large time deposits: 4
Total
Issued to IPC's
Issued to others
..

29,853
15,928
1 3 , 925

29,422
15,802
13 620

29,184
15,427
13,757

28 , 808
15,156
13,652

28 , 569
14,921
1 3 , 648

28 , 775
14,743
14,032

28,742
14,640
14,102

28,556
14,580
13,976

28,175
14,539
13,636

Savings deposits, by ownership category:
Individuals and nonprofit organizations. . . .
Partnerships and corporations for profit 5 . . .
Domestic e governmental units .
All other

73,303
2,346
833
91

73,582
2,385
904
76

73,929
2,474
909
99

74,851
2,510
948
113

75,388
2,601
958
119

75,142
2,627
927
116

75,295
2,699
1,083
107

75,424
2,751
1,061
112

75,801
2,861
1,145
115

Gross liabilities to foreign branches

3,501

4,606

4,046

3 291

3 088

2,664

3,170

2,873

2,894

Loans sold outright to selected institutions :7
Commercial and industrial
Real estate .
All other

2,653
197
1,538

2,602
200
1,544

2,531
200
1,508

2,551
197
1,486

2,459
195
1,396

2,481
197
1,405

2,530
194
1,396

2,559
200
1,416

2 566
197
1,412

May 12

May 19

May 26

June 2

June 9

June 16

June 23

June 30

July 7

Total loans (gross) and investments, adjusted *. 376,667
275,714
Total loctns (gross) adjusted2
...
Demand deposits adjusted
103 779

378 , 500
276,793
101 957

376,601
276,192
102,834

382,403
280 628
105 165

382,061
280,125
104 863

382 , 594
280,241
106,277

379,403
278,732
103,733

381,921
280,449
108,726

379,848
279,739
104,849

Large negotiable time CD's3 included in time
and savings deposits:
Total
.
...
Issued to IPC's
Issued to others

67,179
43 973
23 , 206

67,070
43 911
23,159

68 , 363
44 872
23,491

68 523
44 836
23,687

69 206
45 378
23 828

68 , 802
45,193
23 , 609

69,994
46 , 443
23,551

70 , 690
47 , 269
23,421

69,021
45 726
23,295

All other large time deposits: <
Total.
Issued to IPC's
Issued to others . . . .

27,822
14,382
13,440

27,737
14,345
13 392

27,779
14,359
13,420

27 , 664
14,563
13 101

27,877
14 721
13 156

27,903
14,792
13,111

28,010
14,905
13,105

28,213
15,186
13,027

28,085
15,114
12,971

75,963
2,936
1 162
100

76,044
3,000
1 229
95

75,787
3,043
1,156
101

75 , 707
3,045
1 071
90

75,617
3,069
1 070
97

75,439
3,007
1,091
89

75,281
3,043
1,061
93

75,898
3,049
862
76

75,974
3,088
887
81

Gross liabilities to foreign branches

2,905

3,651

3,038

2,530

3,038

4,113

3,913

3,826

3,301

Loans sold outright to selected institutions : 7
Commercial and industrial
Real estate
All ofiher

2,727
194
1,426

2,704
194
1,410

2,707
206
1,442

2,757
206
1,471

2,767
205
1,452

2,840
205
1,435

2,809
206
1,426

2,837
206
1,447

2,875
205
1,448

. .

Savings deposits, by ownership category :
Individuals and nonprofit organizations. . . .
Partnerships and corporations for profit 6. . .
Domestic6governmental units
All other




89

19. All large weekly reporting commercial banks—Continued

B. Balance sheet memoranda, 1976—Continued
Millions of dollars
July 14

July 21

July 28

Aug. 4

Aug. 11

Aug. 18

Aug. 25

Sept. 1

Sept. 8

Total loans (gross) and investments, adjusted l. 380,592
Total loans (gross), adjusted2
. . .
279,350
106,919
Demand deposits, adjusted

379,174
278 , 249
105,683

376,999
276,444
104,787

379,615
277,662
103,006

381,942
280,163
104,751

382,679
279,558
103,766

380,979
277,886
102,573

382,139
279,243
105,523

382,398
279,668
103,549

Account

Large negotiable time CD's
included in time
and savings deposits: 3
Total
Issued to IPC's
Issued to others
,
...

69,498
45,970
23,528

68 , 648
45,351
23,297

67,995
44,960
23,035

66,768
44,211 i
22,557

66,629
44,092
22,537

66,059
43,765
22,294 1

65,938
43,857
22 n Q81

65,382
43 , 360
22,022

65,123
43,134
21,989

All other large time deposits: 4
Total
Issued to IPC's
Issued to others . . .
..

28,127
1 5 , 220
12,907

28,100
15 252
12,848

28,271
15 388
12,883

28,104
15,335
12,769

28,011
15,302
12,709

27,992
15,391
12,601

-„,..„
15,444
12,672

27,664
15,361
1
12,303

27,654
15,333
12,321

Savings deposits, by ownership category:
Individuals and nonprofit organizations. . . .
Partnerships and corporations for profit 5. . .
Domestic6 governmental units
All other

75,953
3,089
877
189

76,045
3,134
883
94

76,016
3,203
872
89 i

76,135
3,244
898
88

76,188
3,305
920
89

76,163
3,338 :
956
84 i

76,275
3,423
985
79

76,349
3,449
1,002
73

76,617
3 , 538
1,013
105

3,280

4,234

3,990

3,872

4,305

5,970

4.S09

3,787

3,421

2,840
198
1,478

2,838
194
1,516 |

2,822
209
1 , 496

2,886
208
1,501 |

2,612
210
1,475

2,536
212
1,353

2,508
214
1,267

2,491
212
1,250

2,426
214
1,296

Oct. 13

Oct. 20

Oct. 27
... ...

Nov. 3

Nov. 10

390,249 386,490
286,554 1 281,797
105,697 105,444

388,033
283,249
106,220

387,615
283,208
106,614

389,469
284,737
106,171

390,017
285,037
106,036

62,250
40,824
21,426

62 , 7*)5
41,313
21,462

Gross liabilities to foreign branches
Loans sold outright to selected institutions:
Commercial and industrial
Real estate
All other, . . .

7

Sept. 15

Sept. 22

Sept. 29

Total loans (gross) and investments, adjusted *, 385,841
Total loans (gross), adjusted2
282,599
Demand deposits, adjusted
107,238

383,866
280,291
103,051

383,947
280,116
103,332

Oct. 6

Large negotiable time CD's3 included in time
and savings deposits:
Total
Issued to IPC's . .
Issued to others

64,618
42,755
21,863

65,543
43 459
22 084

65,989
43 670
22 319

65 , 097 i
42 804
22,293

64,569
42 , 263
22,306

63,563
41,584
21,979

63,080
41,246
21,834

All other large time deposits: *
Total
Issued to IPC's
Issued to others.

27 , 606
1 5 , 402
12 204

27 331 i
15,149
12 182

27 559
15,399
12 160

27 476
15,476
12 000

26,973
15,217
11,756

26,819
15,108
11,711

26,554
15,096
11,458

26,145
15,026
11,119

26 , 249
15,H>1
11 QS8

Savings deposits, by ownership category:
Individuals and nonprofit organizations.r . . .
Partnerships and corporations for profit >. . .
Domestic 0governmental units
All other

76,610
3,501
1,022
83

76,884
3,534
1,077
84

77,278
3,600
1,127
73

78,055
3,650
1,270
75

78,233
3,694
1,259
77

78 , 609
3,777
1,420
78

78,834
3,880
1,508
78 !

79,334
3,942 i
1,544
89

79,639
4,046
1,620
56

4,844

4,217

4,684

4,094

3,794

5,449

5,233

4,639

3,918

2,353
214
1,250

2,385
212
1,228

2,463
222
1,234

2,371
221
1,239

2,462
223
1,205 j

2,453
222
1,167

2,405 ;;
223
1,133

2,438
222
1,134

2,416
218
1,136

Nov. 17

Nov. 24

Dec. 1

Dec. 8

Dee, 15

Dec. 22

Dec. 29

Total loans (gross) and investments, adjusted l. 394,400
Total loans (gross), adjusted2
285,957
Demand deposits, adjusted
107,252

392,617
284 , 494
104 082

398,964
290,354
110 998

398,090
288,739
108,794

403,259
291,922
113,728

401,710
290,833
1 11 , 297

402,865
291,414
112,830 i;

64,151
42 966
21 185

63,474
42,201
21 273

64 , 698
42,991
21 ,707 i

65,928
44,008
21,920

i

Gross liabilities to foreign branches, , . - . . . .
Loans sold outright to selected institutions:
Commercial and industrial
Real estate
,
AH other

7

Large negotiable time CD's included in time
and savings deposits^
Total
. , . ...
Issued to IPC's . . . .
Issued to others

62 , 626
41,325
21 301

63 442
63 3lo
42 338 " 42 1 17
21 193
21 104

All other targe time deposits: 4
Total
....
Issued to IPC's
Issued to others.

25 962
15,107 |
10,855

25 938
15,0(5
10 923

25 615
14,832
10 783

25 571
14,852
10,719

25 986
14,722
1 1 , 264

26,178
14,570
1 1 , 608

26,226 !
14,503
11,723 i

Savings deposits, by ownership category:
Individuals and nonprofit organizations, . . .
Partnerships and corporations for profit a .
Domestic governmental units
All other o

79,876
4,088
1,738
60

80,143
4,209
1,771
52

80,420
4,276
2,087
68

80,877
4,386
2,415
91

81,188
4,378 !
2,747 i
78

81,440 |
4,378
2,818
76

82,035 '
4,415
2,949
74 '

Gross liabilities to foreign branches

5,058

5,340

4,621

4,849

6,452

5,181 !

6,181 j

Loans sold outright to selected institutions: 7
Commercial and industrial
Real estate
All other
, ....
.

2,402
218
1,162

2,401
218
1 117

2,404
216
1 160

2,381
215
1 166

2,367
215
1,160

216
1,179 i'

2,366
217
1,212

90



,.„

j

19. All large weekly reporting commercial banks—Continued

C. Total commercial and industrial loans classified by industry, 1976
Millions of dollars

Jan. 7

Jan. 14

Jan. 21

Jan. 28

Feb. 4

Feb. 11

Feb. 18

Feb. 25

99,495

98 , 542

98,059

97,267

97,409

96,962

96 , 798

96,144

2,069
5,685
3,073
2,017
3,594

2,066
5,636
3,188
2,008
3,612

2,041
5,596
3,211
2,020
3,616

2,040
5,555
3,157
2,013
3,601

2,049
5,529
3,147
2,005
3,602

2,076
5,555
3,154
2,005
3,585

2,056
5,516
3,130
2,051
3,561

2 053
5,476
3,057
2 026
3,572

3,701
2,776
2,413
2,668
1,907

3,603
2,753
2,329
2,632
1,897

3,590
2,737
2,308
2,599
1,911

3,535
2,734
2,362
2,610
1,915

3,535
2,813
2,388
2,608
1,928

3,512
2,894
2,381
2,655
1 921

3,529
2,907
2,400
2,699
1,946

3,537
2,955
2 414
2,705
1 935

««>•

5,941

5,935

5,974

5,990

6,095

6,097

6,139

6 196

... . * i . .
f ..
.
I ..
•

1,587
5,529
5,692
6,009
2,095
6,998
4,980
10,820

1,660
5,513
5,710
6,061
1 ,951
6,952
4,974
10,765

1,699
5,497
5,682
6,042
1,928
6,934
4,938
10,758

1,608
5,463
5,764
5,984
1,853
6,695
4,874
10,736

1,588
5,511
5,855
5,967
1 894
6,700
4,858
10,739

1,592
5,551
5,778
5,951
1 879
6,599
4 859
10,726

1,587
5,515
5,703
5,987
1 855
6,549
4 837
10,758

1 585
5,485
5 769
5,974
1 823
6 495
4 771
10,666

9,913
4,524
5,504

10,009
3,871
5,417

9,714
3,855
5,409

9,690
3,679
5,409

9,572
3,689
5,337

9,246
3,671
5,275

9,062
3,679
5,332

8,889
3 468
5,293

119,354

118,475

117,926

117,105

117,302

116,966

116,746

116,083

Mar. 3

Mar. 10

Mar. 17

Mar. 24

Mar. 31

Apr. 7

Apr. 14

Apr. 21

95 976

95 921

95,818

95 007

94 089

93 657

93 308

93 315

2,058
5 317
2,998
2 108
3,522

2,058
5,308
2,952
2,111
3,541

2,055
5,353
3,000
2,046
3,569

2,012
5,584
3,098
1 909
3,528

2,025
5,462
2,977
1 ,889
3,506

2,048
5 456
2,851
1 886
3,486

2,041
5,407
2,790
1,898
3,521

2,021
5 396
2,774
1 870
3,480

3 518
2 991
2,391
2 715
1,925

3,450
3 047
2,354
2 722
1,921

3,432
3 061
2,342
2 721
1,916

3
3
2
2
1

292
061
195
668
916

3,275
3 079
2,225
2 665
1 ,909

3
3
2
2
1

207
145
304
643
895

3,202
3 139
2,334
2 666
1,917

3,234
3 124
2,340
2 676
1 924

6,227

6,265

6,306

6,450

6,401

6,420

6,441

6,477

1 631
5,574
5,781
5 965
1,847
6,392
4 746
10 596

1 693
5,569
5 874
5 950
1,783
6,302
4 744
10 547

1 639
5,652
5,826
5 958
1,774
6,132
4 758
10 518

1 683
5,754
5 908
5 920
1 660
6 134
4 489
11 002

1 647
5,813
5 947
5 878
1,695
6 115
4 248
10 898

1 598
5 831
5 906
5 843
1,695
5 978
4 183
10 866

1 550
5,780
5,955
5 864
1,660
5,891
4 205
10 787

1 587
5,771
5 990
5 873
1,688
5,961
4 202
10 768

8,898
3 442
5,334

8,961
3 452
5,317

9,024
3 396
5,340

8,015
3 417
5,312

7, 770
3 295
5,370

7,755
3 191
5,470

7,590
3 148
5,522

7,502
3 056
5,601

MEMO ITEMS:
i
Commurcial paper included in total classified loans 2
Total commercial and industrial loans of all large weekly
reporting banks .
J . . . . . 115,884

115,748

115,489

114,669

113 475

112 846

112,513

112 572

Industry group
Total classified l

..

Durable goods manufacturing:
Primary metals
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods

'
:

. ..

. ...

.
'. .
'. .

Nondurable goods manufacturing:
Food, liquor, and tobacco
Textiles apparel and leather
Petroleum refining
Chemicals and rubber

.

! .
..
.., .J,.
,..„,;..

Mining including crude petroleum and natural gas
Trade* Commodity dealers
Other wholesale
Retail
Transportation
Communication
Other public utilities
Construction
Services

.

. . ....

All other domestic loans
Bankers acceptances
Foreign commercial and industrial loans

. ;. . .

MEMO ITIMS:
Commercial paper included in total classified loans ^ 4
Total commercial and industrial loans of all large weekly
reporting banks

Total classified

:

Durable goods manufacturing:
Primary metals
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods

t

i
. .

Nondurable goods manufacturing:
Food, liquor, and tobacco
Textiles apparel and leather
Petroleum refining

'

'
*..'....

Other nondurable goods

,. ..

Mining, including crude petroleum and natural gas. , .
Trade* Commodity dealers
Other wholesale
Retail
Transportation
Communication
Other public utilities
.
Construction
Services
All other domestic loans
Bankers acceptances
Foreign commercial and industrial loans




. .

»
, , ..
k

,

,

392

420

444

91

19. AH large weekly reporting commercial banks—Continued

C. Total commercial and industrial loans classified by industry, 1976—Continued
Millions of dollars

Apr. 28

Industry group

May 5

May 12

1

93 osg

2,069
5 250
2,685
1 824
3 538 1

2,105
5 233
2,631
1 782
3,511

2,137
5 144
2,678
1 790
3 519

2,143
5 113
2 688
1 782
3 569

2,168
5 094
2 677
1 781
3 569

3 076
3 J80
2,361
2 579
1,889

3 065
3 150
2,345
2 535
1,876

3 046
3 150
2,374
2 522
1,880

3 062
3 213
2,448
2 546
1 915

3 058
3*243
2 403
2 513
1 922

3
3
2
2
1

6,516

6,501

6,562

6,610

6,606

6,619

6,677

1,642
5,746
6,104
5,887
1,767
6,030
4,184
10,853

1,618
5,726
6,125
5,898
1,754
5,977
4,203
10,706

1,674
5,707
6,185
5,826
1,739
6,000
4,201
10,636

1,667
5,786

5,834
1,716
6,065
4,145
10,635

1,694
5,802
6,155
5 801
1,787
6,215
4,113
10,685

1,748
5 815
6,136
5 760
1,791
6,134
4,12?
10,659

1,746
5 812
6,245
5 7*55
1,737
6,198
4,162
10,673

7,394
3,137
5,661

7,313
2,901
5,621

7,305
2,938
5,681

7,215
2,872
5,713

7,232
2,933
5,709

7,238
2,718
5,603

7,172
2,751
5,678

112,418

112,951

112,322

112,023

111,882

112,457

111,938

112,207

June 23

June 30

July 7

July 14

July 21

July 28

Aug. 4

Aug. 11

92 983

93 302

92 893

92 478

92 440

91 641

91 571

91 657

2,071
5 253
2 712
1 849
3 558

2,088
5 317
2,735
1 860
3,580

Nondurable goods manufacturing:
Pood liquor and tobacco
Textiles apparel and leather . . .
Petroleum refining
Chemicals and rubber
. .
Other nondurable goods

3 164
3 109
2,343
2 624
1,920

3 148
3 154
2,365
2 608
1,912

Mining, including crude petroleum and natural gas,

6,486

1,543
5 805
6,010
5 871
1,653
5,942
4,186
10,778
7,551
3,117
5,650

.. •

.

...

. .
. .

. . .

All other domestic loans
Bankers acceptances
....
Foreign commercial and industrial loans
MEMO ITEMS :
Commercial paper included in total classified loans 2
Total commercial and industrial loans of all large weekly
reporting banks

Durable goods manufacturing :
Primary metals
M[ach i nery
.
Transportation equipment
Other fabricated metal products
Other durable goods

.

1

Nondurable goods manufacturing:
Food, liquor and tobacco
Textiles apparel and leather
Petroleum refining
. ... .
Chemicals and rubber
Other nondurable goods
. ...

.. .

Mining, including crude petroleum and natural gas. . .
, .'
...
. .

All other domestic loans
Bankers acceptances
.
Foreign commercial and industrial loans

....

MEMO ITEMS:
Commercial paper included in total classified loans 2
Total commercial and industrial loans of all large weekly
reporting banks

92




92 791

6,139

158
274
265
516
930

356

456

1

Trade ' Commodity dealers
Other wholesale
Retail
Transportation
.
,
Communication
Other public utilities
Construction
Services

June 16

92 804

2,055
5 246
2,774
1 863
3 579

. . .

Durable goods manufacturing:
Primary metals
^lachinery
Transportation equipment
.
Other fabricated metal products
Other durable goods
.

Total classified

i June 9

93 184

93 , 008

Construction
Services . . . .

June 2

92,631

93 551

Trade: Commodity dealers
Other wholesale
Retail
Transportation
Communication

May 26

i1

93 , 269

Total classified

May 19

2
5
2
I
3

151
062
652
766
607 [

2 098
5 034
2 662
1 745
3 612

2 090
5 019
2*660
1 723
3 1 575

2 060
4 968
2 651
1 746
3,576

2,053
4 924
2,614
1 730
3,535

2 , 022
4 872
2,554
1 713
3,483

2 028
4 787
2,506
1 709
3,462

1,978
4 778
2,516
1 723
3,482

3
3
2
2
1

122
251
302
524
920

3
3
2
2
1

3
3
2
2
1

3
3
2
2
1

3,426
3 423
2,253
2 589
1,933

3,407
3 403
2,243
2 563
1 , 930

3,361
3 487
2,230
2 554
1 940

3,407
3 515
2,200
2 541
1,950

6,661

6,634

6,659

6,685

1 518
5,973
6 226

1 414
5,997
6 306
5,333
1,658
5,983
4,173
10,402

370
322
305
499
914

447
397
359
553
923

384
412
328
551
931

6,787

6,731

6,644

6,620

1 657
5 853
6 267
5,729
1 ,733
6,144
4 151
10,628

1 768
5 859
6 339
5 720
I 752
6 227
4 162
10,585

1 651
5 890
6 173
5,567
1,763
6,256
4 144
10,421

1 656
5 885
6 240
5 504
1,653
6 212
4 115
10,354

1 528
5,944
6 288
5,413
1,650
6,300
4,168 1
10,430

5,401

1,619
6,191
4 155
10,423

1 466
6 024
6 347
5,324
1,654
6,117
4 , 1 59
10,436

7,008
2 924
5,745

6 966
2 958
5,674

7,214
2 824
5,600

7,247
2 883
5,502

7,234
2,878
5,466

7,216
2,651
5,444

7,067
2,826
5,428

7,165
2,766
5,685

112,088

112,766

112,191

111,792

110,898

110,977

373

468

1 1 1 , 684 110,905

19. All large weekly reporting commercial banks—Continued

C. Total commercial and industrial loans classified by industry, 1976—Continued
Millions of dollars

Aug. 18

Aug. 25

Sept. 1

Sept. 8

Sept. 15

Sept. 22

Sept. 29

Oct. 6

91 421

91 276

91 606

91 586

92,174

92 , 466

92 , 669

92 744

1,959
4 778
2 455
1 719
3,492

1,953
4 740
2 377
1 703
3,505

1,946
4 727
2 389
1 712
3,524

1,955
4 719
2 351
1 716
3,542

2,038
4 669
2 360
1 716
3,567

2,043
4 690
2 394
1 713
3,556

2,062
4 617
2 410
1 688
3,503

2,052
4 606
2 439
1 697
3 472

'

3 486
3,529
2 200
2,543
1 900

3 526
3,538
2 123
2,550
1 906

3 274
3,563
2 227
2 567
1 919

3 273
3,590
2 212
2,590
1 904

3,305
3,604
2 282
2,560
1 903

3 382
3,547
2 490
2,537
1 911

3,372
3,500
2,521
2,540
1,883

3 280
3,534
2 524
2 566
1 885

Mining including crude petroleum and natural gas . ^

6 675

Industry group
Total classified

• -t

1

Durable goods manufacturing:
Primary metals
^^achinery
Transportation equipment
Other fabricated metal products . . . .
Other durable goods
.

..

.....

Nondurable goods manufacturing :
Food liquor, and tobacco
.
Textiles, apparel, and leather
Petroleum refining
.
. .
Chemicals and rubber
Other nondurable goods
Trade * Commodity dealers
Other wholesale . . . .
Retail
Transportation . .
...
Communication
Other public utilities
Construction
Services
...

•
;

*. '
*.,',..

j
»j . .
, . . ..
„ ...
»
>

t

...

All other domestic loans
Bankers acceptances
Foreign commercial and industrial loans .
MEMO ITEMS :
'
Commercial paper included in total classified loans * >
Total commercial and industrial loans of all large weekly
reporting banks

Total classified 1
Durable goods manufacturing:
Primary metals .
Machinery
...
. . . .
Transportation equipment
Other fabricated metal products
Other durable goods

,

...
•
«'.,..
,..,,,.,..
^ , ...

Nondurable goods manufacturing:
Food, liquor, and tobacco
Textiles apparel, and leather
Petroleum refining
Chemicals and rubber
Other nondurable goods

i
. » ..
» . ..,
> , .,.

Mining, including crude petroleum and natural gas.
Trade: Commodity dealers
Other wholesale
Retail
Transportation. . . .
.
Communication
Other public utilities
Construction
Services .
..

.
...
...

All other domestic loans
Bankers acceptances
Foreign commercial and industrial loans

'
,

....
.

!

!

MEMO ITEMS :
Commercial paper included in total classified loans 2 . .
Total commercial and industrial loans of all large weekly
reporting banks
<




6 652

6 818

6 899

6 894

6 947

6 960

7 001

1 437
5,957
6.275
5 352
1,622
5 850
4 174
10 377

1 430
5,971
6,276
5 328
1,569
5 812
4 192
10 394

1 450
5,961
6,246
5 306
1,554
5 762
4 169
10 461

1 396
5,963
6,182
5,266
1,540
5,755
4 130
10 441

1 514
5,991
6,031
5,256
1,537
5,810
4 185
10,479

1,478
6,020
6,239
5,237
1,476
5,732
4 187
10,479

1,556
6,049
6,366
5,224
1,489
5,702
4,112
10,426

1 508
6,087
6,279
5,144
1,500
5,721
4 154
10,314

7 014
2,892
5 735

7 172
2,799
5,760

7,286
3,005
5,740

7,204
3,265
5,693

7,283
3,407
5,783

7,325
3,368
5,715

7,343
3,588
5,758

7,491
3,763
5,727

110 717

110 611

111 058

111,199

111,784

112,172

112,319

112,503

Oct. 13

Oct. 20

Oct. 27

Nov. 3

Nov. 10

Nov. 17

Nov. 24

Dec. 1

92,759

93,417

93,715

94 , 536

94 , 379

94,789

95,163

95,569

2 003
4 654
2 396
1,694
3,464

1 991
4 631
2,386
1,664
3,421

2,013
4 591
2,295
1,662
3,416

2,075
4 633
2,271
1,669
3,400

2,088
4,649
2,242
1,687
3,446

2,099
4,611
2,241
1,702
3,400

2,096
4,620
2,175
1,708
3,368

2,157
4 604
2,227
1,709
3,360

3 276
3 524
2,535
2,617
1,870

3 369
3 440
2,586
2,609
1,858

3,384
3 395
2,560
2,627
1,847

3,432
3 404
2,651
2,596
1,821

3,390
3 387
2,475
2,534
1,903

3,417
3,316
2,497
2,538
1,898

3,408
3,254
2,507
2,538
1,933

3,376
3,234
2,466
2,536
1,935

7,092

7,117

7,189

7,222

7,178

7,237

7,240

7,237

1 517
6 061
6 260
5 121
1,502
5 689
4 092
10 387

1,673
6 037
6 372
5 148
1,465
5 697
4 151
10 373

1,878
6,152
6,599
5 139
1,471
5,500
4,080
10 380

1,750
6,177
6,574
5,177
1,448
5,492
4,058
10,413

1,793
6,171
6,648
5,194
1,443
5,469
4,052
10,483

1,938
6,211
6,691
5,122
1,394
5,538
4,049
10,437

1,907
6,211
6,653
5,168
1,447
5,625
3,986
10,447

7 455
3 841
5 709

7,520
4 207
5 702

1,823
6 126
6 508
5 126
1,414
5,581
4 102
10 435
7,524
4 395
5 702

7,636
4,889
5 638

7,762
4,960
5,589

7,748
5,268
5,564

7,817
5,501
5,618

7,834
5,770
5,680

112,485

112,983

113,301

114,224

114,125

114,451

114,845

327

276

332

310

115,425

93

19. All large weekly reporting commercial banks—Continued

C. Total commercial and industrial loans classified by industry, 1976— Continued
Millions of dollars

Dec. 8

Industry group
Total classified 1

2,213
4,649
2,240
1,712
3,371 )

2,181
4,641
2,254
1,700
3,315

2,200
4,658
2,230
1,710
3,254

85
21
11
-6
-11

3,368
3,195
2 494
2,576
1 911

3,350
3,119
2,559
2,569
1,935

3,499
3,063
2,580
2,566
1,917

3,500
2,996
2,641
2,558
1,897

36
217
17
1
-1

7,246

7,268

7,254

7,321

36

1 963
6,203
6 598
5,141
1,344
5,570
3,981
10,399

1,995
6,217
6,715
5,156
1,406
5,660
3,989
10,461

1,871
6,265
6,499
5,195
1,434
5,649
3,990
10,506

1,933
6,260
6,098
5,305
1,358
5,601
3,909
10,555

-11

7,809
6,088
5,737

7,788
6,468
5,807

7,816
6 508
5,857

7,919
6,873
5,930

115 594

116,473

116,632

116,588

2,149
4,589
2,187
1,733
3,371

. . .

.

. .

Mining, including crude petroleum and natural gas.
Trade* Commodity dealers
Other wholesale
Retail
Transportation
Communication
Other public utilities

,

. .
...

Services
All other domestic loans
Bankers acceptances
Foreign commercial and industrial loans
MEMO ITEMS:
Commercial paper included in total classified loans ^
Total commercial and industrial loans of all large
weekly reporting banks
..

94




Adjustment
bank A
753

Machinery
Transportation equipment
Other fabricated metal products
Other durable goods
,.

....

Dec. 29
96,706

95,652

Nondurable goods manufacturing:
Food liuuor and tobacco
Textiles apparel and leather
'Petroleum refining
Chemicals and rubber
Other nondurable goods

Dec. 22
96 , 560

.

.

Durable goods manufacturing:

Dec. 15
96,647

29
54

-164

20
87
13
412

-246
153

568
838

19. All large weekly reporting commercial banks—Continued

D. "Term" commercial and industrial loans classified by industry, 1976
Millions of dollars

Jan. 28

Feb. 25

Mar. 31

Apr. 28

May 26

June 30

July 28

Aug. 25

Sept. 29

Oct. 27

Nov. 24

Dec. 29

Adjustment
bank A

46 903

46 718

45 879

45 686

45 438

45 312

44 404

44 173

44 761

44 454

44 812

45 211

240

1 341
3 117
1,686
1,041
1 874

1 334
3 072
1,643
1,035
1 838

1 291
3 143
1,690
909
1 794

1 283
3 055
1,632
919
1 871

1 293
3 088
1,488
879
1 843

1 241
3 029
1,505
799
1 815

1,191
2,901
1,399
767
1 763

1,145
2,748
1,354
765
1 759

1,214
2,675
1,381
756
1,736

1,191
2,592
1,315
747
1 668

1,253
2,637
1,303
111
1 655

1,317
2,585
1,352
776
1,625

76
42
36
__4
-23

1 547
1,004
1 859
1 588
925

1 536
1,026
1 886
1 603
942

1 390
994
1 685
1 540
962

1,366
1,044
1 785
1 495
979

1 334
1,075
1,781
1 462
'961

1,403
1,116
1,707
1 466
986

1,444
1,123
1,659
1 444
982

1,463
1,159
1,606
1 , 460948 1

1,435
1,144
1,908
1 464
935

1,425
1,125
1,931
1 486
930

1,392
1,118
1,864
1 449
950

1,398
1,098
1,972
1,444
954

38
-3

Mining, including crude petroleum and
natural gas .

4 528

4 731

4 904

5 015

5 117

5 220

5,118

5,137

5,342

5,514

5,517

5,683

21

Trade,* Commodity dealers. . .
Other wholesale
Retail
Transportation
Communication. .
Other public utilities
Construction
...
Services

196
1,290
2 007
4 291
1,101
3 995
2,115
5,033

182
1,279
1 987
4 329
1,095
3 940
2,055
5,142

190
1,344
2 012
4 251
998
3 898
1 833
5,367

180
1,312
2 036
4 252
984
3 770
1 799
5,317

206
1,355
" 2,031
4 246
1,008
3 811
1,750
5,240

207
1,308
2,032
4 237
990
3 908
1,740
5,096

191
1,308
2,061
4 032
937
3,895
1,685
4,948

186
1 , 340
2,080
3 941
948
3 685
1,705
4,926

209
1,394
2,134
3 934
903
3,604
1,691
4,967

220
1,400
2,173
3 883
910
3 523
1,703
4,886

219
1,474
2,249
3,809
913
3,549
1,665
5,151

200
1,463
2,045
3,937
847
3,664
1,629
4,998

-5
156
27
142

3 366
2,999

3 062
3,001

2 700
2,984

2 507
3,085

2 349
3,121

2 350
3,157

2 415
3,141

2 356
3,462

2,419
3,516

2 445
3,387

2,567
3,301

2,600
3,624

-224
3

Industry group

Total classified l.
Durable goods manufacturing:
Primary metals.
. ..
Machinery
Transportation equipment
Other fabricated metal products
Other durable goods
Nondurable goods manufacturing:
Food, liquor, and tobacco . . . . . .
Textiles, apparel^ and leather
Petroleum refining . . , » » - .
Chemicals and rubber
Other nondurable goods . .

...

All other domestic loans
Foreign commercial and industrial loans




. .

19
-2

16
13

oo

20. Gross demand deposits of individuals, partnerships, and corporations (IPC)
A. All commercial banks
Billions of dollars, estimated daily-average balances for end month of quarter
1972

Type of holder

1973

19 74

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

Ql

Q2

.

181.2

188.4

195.4

208 0

200 0

206 3

210 3

220 1

211 2

215 0

Financial business
Nonfinancial business
Consumer
Foreign
Other

20.2
92.6
54.7
1.4
12.3

17.9
97.6
60.5
1.4
11.0

18.0
101.5
63.1
1.4
11 4

18 9
109,9
65 4
1 5
12 3

18 6
108,4
70 6
1 7
11 8

18 6
112.1
71 4
2 0
11 8

18 8
113.9
72 0
2 1
11 9

19 1
118.8
73 3
2 4
12 4

18 9
108.4
70 6
2 3
11 0

18
112
71
2
11

AH holders, IPC

19 74

All holders, IPC
Financial business. . . .
Nonfinancial business
Consumer
Foreign
Other

,.

....

19 75

2
1
4
2
I

19 76

Q3

Q4

Qi

Q2

Q3

Q4

Ql

Q2

Q3

216.8

225.0

216.3

222.2

227 0

236 9

227.9

234.2

236.1

17.9
113.9
72.0
2.1
10.9

19.0
118.8
73.3
2.3
11.7

18.6
111.3
73.2
2.3
10.9

19 4
115.1
74 8
2,3
10.6

19 0
118.7
76 5
2.2
10.6

20.1
125.1
78 0
2.4
11.3

19.9
116.9
77 2
2,4
11.4

20.3
121.2
78 8
2.5
11.4

19.7
122.6
80 0
2.3
11.5

w 1
250
*
22.3
130.2
82.6
2.7
12.4

Q4

B. All weekly reporting banks
Billions of dollars, estimated daily-average balances

1972

All holders, IPC. . .
Financial business
Nonfinancial business
Consumer
Foreign
Other

.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

103.7

100.5

102.1

105 4

102 1

104 3

106.3

104.0

106.4

107.8

14.4
56.8
25.4
1.1
5,9

13.7
55.4
24.4
1.1
5.9

14.0
55.9
25,0
1.2
6.0

14 3
56.9
27 0
1.2
5.9

13 7
56.2
25 4
1.2
5.7

14.1
57.3
25 7
1.3
6.0

14.3
58,5
26 1
1.3
6.0

13.6
57.4
26,0
1.3
5.7

1972

All holders, IPC
Financial business
Nonfinancial business
Consumer .
Foreign
Other

Financial business
Nonfinancial business
Consumer
Foreign
Other

96




14,1
60.0
26.2
1.3
6.1

197 3

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

109.2

114.3

114.1

109 0

107 9

110 4

108.0

110.2

111.7

109 . 1

14.5
60.5
26.7
1.3
6.2

14.7
64.4
27.1
1.4
6.6

14 3
60.3
26 3
1.6
6 5

14.4
59.0
26.5
1.6
6.4

14.3
59.4
28 6

13.8
59.1
26.9
1.9
6.4

14,2
60.8
27.1
1.9
6.3

15.0
63.1
27.8
1.4
6.8

6.4

14.8
61.1
27.3
1.9
6.6

14.3
59.5
27.3
1.9
6.1

1974

19 73

All holders, IPC

13.7
59.0
26.2
1.3
6.2

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

110.8

112.5

113.9

118 1

116.5

111.5

112.1

114.7

112.7

113.9

14.7
62.2
29.6
2.1
6.2

14.2
62.3
28.0
2.1
6.1

14.5
60.6
27.2
1.9
6.5

15.0
61.7
27.3
2.0
6.6

14.8
62.9
27.5
2 1
6.7

14.9
66.2
28 0
2 2
6.8

15.2
63.8
28 4
2 3
6.7

14.1
62.1
26.9
2 3
6.2

14,7
61.5
27.6
2.1
6.3

14.1
63.4
28.1
2.0
6.3

20. Gross demand deposits of individuals, partnerships, and corporations (IPC)—Continued
B. All weekly reporting banks—Continued
Billions of dollars, estimated daily-average balances
19 74

Type of holder

AH holders, IPC
Financial business
Nonfinancial business
Consumer
Foreign
Other

.,

....

19 75

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

115.1

112.5

115.0

115.8

117.7

119.8

118.4

113 9

114 1

14.4
63 5
28 5
2.1
6 5

14.1
62 6
28.0
1.9
5 8

13.9
64 4
28.4
2.0
6 3

14.7
64 6
28.2
2.0
6 4

14.6
65.9
28.5
2,1
6.5

14.9
66 8
29 0
2.3
6 7

14.7
65 5
29.3
2.3
6.7

14 4
63 1
27 9
2.3
6 3

14
63
28
2
6

Apr.

1
2
2
2
4

19 75

All holders, IPC
Financial business
Nonfinancial business
Consumer
Foreign
Other. . . .

117 0
0
3
1
2
5

15
63
30
2
6

19 76

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

115,0

118.1

118.7

116.1

118.1

119.3

121.6

124.4

122 4

118 7

14<2
63,1
29\2
2,3
6 2

15.1
65 1
29.5
2.2
6.2

15.0
65 3
29.8
2.2
6 5

14.4
64 6
29.1
2.0
5 9

14.7
65.5
29.6
2.1
6 2

15.1
66 7
29.0
2.2
6 3

15.4
68.1
29.4
2.2
6.4

15.6
69 9
29 9
2.3
6 6

15.2
68 0
30 3
2.2
6 7

15 3
65 6
29 2
2.2
6 4

19 76

All holders, IPC
Financial business.
Nonfinancial business
Consumer
Foreipn
Other ,




Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

119. 5

122.0

118.2

122 6

122 5

119 4

121.4

123.8

124 3

128 5

15.7
67.8
26.4
2 2
6 1

16 1
67.3
31 2
2 0
6 1

16.3
64.8
33 3
2 3
5 8

15 3
65.5
30 0
2 5
6 1

15.4
66.6
30,7
2 2
6.6

16.8
68.4
29.6
2 4
6.6

16.2
68.7
30.4
2 5
6.6

17.5
69.7
31.7
2 6
7.1

15.4
65.2
30.8
1 8
0 2

15.1
65.5
33.6
1 8
6,0

97

21. Commercial paper and bankers acceptances outstanding
Millions of dollars, end of period
19 72

Instrument

Commercial paper, all issuers

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

33 221

33 , 556

33,615

33 , 738

33,919

34 366

34 785

34 233

Sept.

Oct.

34 012 1 35 55i

Financial companies:1 3
Dealer-placed paper:
Total
Bank-related
Directly placed paper: 3
Total. .
Bank-related

5,804
558

6,008
662

5,405
585

5,130
594

4,960
649

4,997
671

5,172
626

5,298
718

20,611
1,529

20 , 520
1,487

20 , 672
1,587

20,613
1,582

21,081
1,350

21,243
1,300

21,774
1,630

21,167
1,703

Nonfinancial companies4

6,806

7,028

7,538

7,995

7,878

8,126

7,839

7,768

7,761

8,309

Dollar acceptances, total

7,601

7,935

7,985

7,734

7,443

7,069

6,643

6,639

6,602 !

6,748

2,917
2,157
761

3,123
2,408
715

3,083
2,246
837

2,840
2,009
830

2,874
2,117
757

2,817
2,082
735

2,430
1,873
557

2,298
1,829
469

2,403
1,833
569

2,394
1,881
514

75
253

63
267

143
263

83
265

143
261

73
251

63
263

96
287

62
261

70
219

4,356

4,482

4,496

4,547

4,165

3,927

3,887

3 T 958

3,876

4,065

2,558
1,584
3 458

2,589
1,717
3,629

2,597
1,774
3,613

2,597
1,707
3,431

2,683
1,596
3 614

2,657
1,569
2 843

2,492
1,606
2 545

2,532
1,631
2,476

2,538
1,646
2,418

2,585
1,786
2,377

Held by™
Accepting banks, , ,
Own bills
Bills bought
F. R. Banks:
Own account
Foreign correspondents s . . . .
Others

.. .

Based on=
Imports into United States
Exports from United States
All other. . .

19 72

Commercial paper, all issuers

5,508 i
829

5,508
948

20,743 | 21 834
1,581
1,539

19 73

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

35 775

34,721

35,727

35,196

34,052

34 , 404

35,672

35 , 786

35,463

37 , 149

4,052
1,557

4,260
1,740

4,227
1.H49

4,224
1,973

4,271
2,114

24 069
1,963

24 443
2,254

25,530
S,330

25,527
2,434

25,458
2,541

27,253
2,994

Financial companies; 1 2
Dealer-placed paper:
Total
Bank-related
Directly placed paper: 3
Total
Bank-related . . . ,

5,609
1,177

5,655
1,226

5,088
1,200

4,321
1,311

22,098
1,408

22,098
1,411

22,735
1,506

23,772
1,805

Nonfinancial companies4

8 068

6,968

7 904

7 103

5 871

5 909

5 882

6,032

5,781

5,625

Dollar acceptances, total

6 864

6,898

6 , 564

6,734

6 859

6 713

6 888

7,237

7,693

7,734

2,706
2,529
\ 995 2,006
700
535

2,384
1,825
560

2,328
1,765
563

2,269
1,777
492

2,068
1,641
427

2,197
1,763
433

2,185
1,746
439

2,254
1,803
452

1,968
1,598
370

63
199

106
179

141
198

233
239

165
282

136
344

83
384

66
395

132
496

84
522

4,073

3,907

3,841

3,934

4,143

4,165

4,225

4,591

4,810

5,159

2 621
1,844
2 340

2,531
1,909
2,458

2,337
1,948
2,279

2,311
2,113
2,310

2,091
2,399
2,368

1,996
2,359
2,359

2,009
2,509
2,371

2,222
2,053
2,755 ! 2,954
2,428
2,517

2,268
2,945
2,520

Held by—
Accepting banks
Own bills..
Bills bought.
F. R. Banks:
Own account
Foreign correspondents &.
Others
Based on—Imports into United States
Bxports from United States
All other

98




..

4,112
1,493 |

21. Commercial paper and bankers acceptances outstanding—Continued
Millions of dollars, end of period
19 74

19 73

Instrument

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

* • 37 , 641

41 , 602

42 , 945

41 , 073

45,491

47,164

44 , 690

44 , 677

46,171

44 846

4,704
2,0t7

5,928
2,035

5 811
1,951

5,487
1,938

6,367
1,960

7,201
1,923

6,571
2,137

6,228
2,270

5,699
1,978

4 970
1,579

26,602
3 154

27,688
2 833

27,977
3 021

27 , 204
2,943

29,353
3 541

29 , 1 69
3 606

28 , 869
3 908

28,752
4,564

30,426
5 106

29,908
5 373

6 335

7 986

9 157

8,382

9,771

10 , 794

9 250

9,697

10 046

9 968

8 170

8 237

8 493

8,892

9,101

9,364

10 166

10,692

11 727

13 174

2,099
I 629
470

2,042
1 731
311

2,566
1 129
437

2,837
2,318
519

2,706
2,251
454

2,854
2,328
525

2,986
2 413
573

3,232
2,744
488

3,089
2,642
447

3,535
3 066
469

145
548

107
589

71
604

68
581

68
589

69
592

296
684

216
700

373
732

304
795

5 179

5,499

5 252

5,406

5,738

5,850

6,200

6,544

7,532

8,540

2,296
3 289
2,585

2,345
3 222
2,670

2,320
3,340
2,833

2,273
3,499
3,120

2,334
3,492
3,275

2,434
3,182
3,748

2,827
2,979
4,361

2,900
2,833
4,959

2,952
2,899
5,876

3,287
3,219
6,668

Sept.
Com mere i ill paper 011 issuers
Financial companies:1 2
Dealer-placed paper:
Total
Bank-related
Directly placed paper: 3
Total
Bank-related

..

Nonfinancial companies*

*

Dollar acceptances, total
Held byAcccpting bonks,
Own bills
Bills bought. . .
F. R. Banks:
OWA account
Foreign correspondents 5

...

Others
Based on—
Imports into United States
Exports from United States
All other

IS 74

Commercial paper, all issuers
Financial companies:1 2
Dealer-placed paper:
Total
...
Bank-related
Directly placed paper :»
Total
Bank-related
Nonfinancial companies

4

. . .

,

Others
Based on —
Imports into United States
Exports from United States
All other




July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

45,561

48 041

49 166

51 , 492

51 , 948

49,144

51,684

52,415

50,827

51,622

4,655
1,465

5,308
2,364

5,333
2,114

5,242
1,986

4,860
1,898

4,611
1,814

5,029
1,822

5,167
1,787

5,342
1,682

5,461
1,618

30,344
5,585

31,848
6 423

31,174
6,525

32,247
6,484

32,556
6,762

31,839
6,518

32,007
6,782

32,516
7,318

31,221
7,272

32,143
7,002

. . . 10,562

10,885

12,659

14,003

14,532

12,694

14,648

14,732

14,264

14,018

15,686

16,167

16,035

16,882

17,553

18,484

18 , 602

18,579

18,730

18,727

1,499
2 983
516

3,388
2 866
522

3 347
2 942
405

3,291
2 872
419

3,789
3 290
499

4 226
3 685
542

4 357
3 903
454

4,864
4 370
494

4,773
4 085
688

4,484
3 900
585

218
1,023

277
1,202

504
1 459

218
2,037

611
1,756

999
1 109

966
560

993
325

665
263

1 185
235

10,947

11,300

10 , 724

11,335

11,398

12 150

12 718

12 398

13 029

12 822

3,589
3,774
8,323

3,585
3,933
8 649

3,526
3 806
8 703

3 ( 793
3,759
9 330

3,809
3,709
10 035

4,023
4 067
10 394

4,120
4 314
10 168

3,974
4,210
10 396

3,845
4 296
10 589

3,690
4 206
10 831

Dollar acceptances, total
Held by—
Accepting banks
...
Own bills
Bills bought
F. R. Banks:
Own account
Foreign correspondents 6

1975

...

99

21. Commercial paper and bankers acceptances outstanding—Continued
Millions of dollars, end of period
19 75

Instrument

Commercial paper, all issuers.
Financial companies:1 2
Dealer-placed paper:
Total
Bank-related. . . .
Directly placed paper: 3
Total
Bank-related

.

....
,

19 76

May

June

July

Aug.

Sept.

Oct.

Nov.

Dee.

•»•

Feb.

51,317

48 , 766

49,351

49,810

48,257

50 , 394

49,512

47 , 690

48 898

49 967

5,889
1,543

5,604
1,561

6,018
1,649

5,645
1,511

5,574
1,482

6,360
1,634

6,389
1,715

6,239
1,762

6 072
1,617

6 401
1,527

32,821
7,096

31,116
7,230

31,262
7,038

32,172
7,392

30,496
7,316

32,308
7,114

32,003
6,975

31,276
6,892

31,345
6,958

31 574
6,793

Non financial companies'1

12,607

12,046

12,071

11,993

12,187

11,726

11,120

10,175

11,481

11,992

Dollar acceptances, total

. 18,108

17,740

16,930

16,456

16,790

17,304

17,875

18,727

18,677

19,060

4,450
3,892
558

4,774
4,224
550

4,778
4,275
503

4,546
3,988
558

5,002
4,190
812

5,213
4,288
924

6,497
5,684
813

7,333
5,899
1,435

6 294
5,367
927

5 950
5,255
695

865
234

682
319

685
329

840
304

948
302

1,047
284

727
279

1,126
293

1 230
248

1 051
231

12,559

11,965

11,138

10,766

10,538

10,760

10,372

9,975

10,904

11,827

3,665
4,186
10,257

3,466
4,080
10,193

3,474
3,865
9,591

3,305
3,806
9,344

3,313
3,783
9,693

3,467
3,947
9,890

3,545
3,888
10,443

3,726
4,001
11,000

3,891
3,906
10,880

3,977
4,039
11,044

Held by—
Accepting b&nks
Own bills
.....
.
Bills bought
Ft R, Banks:
Own account
Foreign correspondents °.
Others

.....
.

.

....

Based on—
Imports into United States
Exports from United States
All other
....

1976

Commercial paper, all issuers
Financial companies:1 2
Dealer-placed paper:
Total.
Bank-related
Directly placed paper: 3
Total
,
Bank-related
Nonfinancial companies4

,
.

...

Dollar acceptances, total
Held by
Accepting bftnks ,
Own bills
Bills bought
F. R, Banks:
Own account. .
Foreign correspondents 5, ,
Others
Based on—
Imports into United States
Exports from United States
All other

100



, .. .,

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

49,338

49,610

50,577

50,047

51,179

50,100

49,852

51,370

53,116

52,041

6,428
1,616

6,246
1,620

6,443
1,684

6,075
1,674

6,187
1,615

6,243
1,612

6,347
1,644

6,674
1,703

7,113
1,825

7,294
1,900

31,277
6,811

31,181
6,342

31,906
6,013

31,234
6,334

32,554
5,977

31,537
5,976

31,476
6,250

31,880
5,864

32,691
5,944

32,416
5,959

11,633

12,183

12,228

12,738

12,438

12,320

12,029

12,816

13,312

12,331

18,901

19,559

19,681

19,783

19,544

19,383

19,599

20,312

20,678

22,523

6,340
5,651
689

6,126
5,305
821

6,175
5,397
778

6,171
5,378
793

5 ,905
5,255
650

6,107
5,449
658

6,798
5,865
933

7,959
6,789
1,170

9,031
7,706
1,325

10,442
8,769
1,673

883
245

995
344

875
440

1,027
427

656
447

808
442

838
417

337
387

188
349

991
375

11,433

12,094

12,191

12,157

12,536

12,026

1 1 , 545

11,629

11,111

10,715

4,027
4 193
10,681

4,258
4,258
1 1 , 043

4,267
4,304
11,110

4,384
4,308
11,091

4,611
4 327
10,606

4,530
4,355
10,498

4,498
4,420
10,680

4,737
4,715
10,860

4,667
4,628
11,383

4,992
4,818
12,713

22. Prime rate charged by banks on short-term business loans
Per cent per annum
Date of change in effective rate
Effective date
1972—Jan. 24
31.

Apr.

Rate

Effective date

Rate

5
4%

1973— Aug. 6
13. . ,
22

9?^
9M

5

5

June 26

51^

Aug. 29

5^

Oct.

4

5%
6

Dec. 27

28

Sept, 18

9H

Feb. 11

9M
Y

19

6M

25 . .

6K

Mar, 22 . .

Apr, 18

6%

May

7
?M

June
July

7

8 .
25

.

3
9..

.

.

.

.

18

30

3
5 .

Feb,

Rate

2

10M

11

10

17< .

June 26 .

Oct. 27 ..

7M

Nov.

5, . .

io>i

?>£

Dec.

2

?M

12

7
6M
7
7M
7

21

9J^

June

1
7

Aug

2

24

BH

Oct

4

65^

5
10

8U
8

Nov

1

6^

24

7i^

Dec

13

6U

10

9

7^
7

July 18

7M

June

197fc__jan

91^
9

3

May 20 . . .

11H
11H
11%

HM
11

ioi^

18

10H

8

10

Ql/

Mar

7M

Sept. 15. ..

10M

..

Rate

11M

11H

4...
14 . .
25.
9
15
20
28

Effective date
1975— Aug. 12. ..

12

18

9M
10
10M

25
May

1975—jan.

-9%

19

8
8K
8H

Nov.

$%

u

7M
7M

7
21
28

9

29

Apr.

5

Oct.

9%

1974— Jan. 29

Mar. 26

1974—July

10

Oct. 24

1973— Febo 27

25

9

Effective date

y

Averages of daily effective rates
Year

1972
1973. . . .
1974
1975.
1976.




Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Year

5.18
6' 00
9.73

4.75
6' 02
9.21

4.75
6 30
8.85

4.97
6 61
10 02

5.00
7 01
11.25

5.04
7 49
11.54

5.25
8 30
11.97

5.27
9.23
12.00

5.50
9.86
12.00

5.73
9 94
11.68

5.75
9 75
10 83

5.79
9 75
10.50

5.25
8 03
10.81

10.05
7 00

8.96
6 75

7.93
6 75

7.50
6 75

7.40
6 75

7.07
7 20

7.15
7 25

7.66
7 01

7.88
7.00

7.96
6 78

7.53
6 50

7.26
6 35

7.86
6 E4

101

23. Bank rates on business loans

A. Short-term loans, by size
Per cent per annum

Survey period

All
centers

New
York

Other
North- North South- Southwest
east
Central east

West
Coast

i

All
centers

All sizes
1972_Feb.
May
Aug. ,
Nov

5.52
5.59
5.84
6.33

5.35
5.28
5.55
6.09

5,72
5.81
6.14
6.61

5.37
5.54
5.79
6.27

1973= Feb
May
Aug
Nov.

6.52
7.35
9.24
10.08

6.22
7.04
9.08
9.90

6.89
7.71
9.49
10.51

6.45
7.44
9.24
10,02

1974=Feb.
May
Aug.
Nov.

9.91
11.15
12.40
11.64

9.68
11.08
12.38
11.35

10.28
11.65
13.17
12.22

9.98
11.09
12.26
11.66

1975— Feb
May
Aug
Nov

9.94
8.16
8.22
8.29

9.61
7.88
8,00
7.99

10.31
8.37
8.43
8.53

1976—Feb.
May
Aug.
Nov. .

7.54
7.44
7.80
7.28

7.14
6.99
7.48
6,88

7.93
7.79
8.18
7.62

...

!
Other
North- North South- SouthCentral east
west
east

West
Coast

Loans of $1,QOO=$9,OQO

5.79
5.88
6.07
6.36

5.39
5.60
5.82
6.41

7.08
7.07
7.27
7.52

6.47
6.54
6,82
7.34

7.20
7.25
6.39
7.78

6.72
6.70
7.02
7.22

7.39
7.30
7.55
7.64

7.05
7.02
7.14
7.38

7.41
7.45
7.61
7.79

6.63
7.33
9.16
10.08

6.50
7.25
9.25
10.04

7.63
8.05
8.95
9.80

7.39
8.05
8.93
10.04

8.00
8.36
9.30
10.34

7.26
7.70
8.21
9,02

7.73
8.03
8,85
9,58

7.48
7,98
9,10
9.91

7.87
8.31
9,67
10.23

9.80
10.88
11.85
11.52

9.93
10.82
11.95
11.56

9.78
11.19
12.15
11.48

9.86
10,50
11.74
11.81

9.93
10.70
12.14
12.31

10.42
11.31
13.07
13.03

9.18
9.59
11.25
11.54

9.69
10.43
11.41
11.44

9.90
10.32
10.83
10.87

10.16
11.01
12.38
12.26

9.87
8.00
8,12
8.15

10.24
8.70
8.41
8.70

10.01
8.34
8.28
8.37

9.99
8.33
8.45
8.67

10.94
9.57
9.42
9.56

10.82
9.27
9,28
9.34

12.07
10.00
9.83
10.01

10.55
9.11
9.01
9.13

10.59
9,86
9.58
9,68

10.36
9.35
9.21
9.38

11.23
9.72
9.67
9.73

7.50
7.44
7.70
7.28

7.86
7.66
7.95
7.51

7.56
7.51
7.75
7.33

7.77
7.75
8.15
7.52

9.03
8.91
9.06
8.83

8.64
8.84
8,85
8.56

9.46
9.24
9.41
9.22

8.51
8.39
8.65
8.45

9,44
9.20
9.33
9.13

8.76
8,75
8.83
8.51

9.17
9,14
9.26
8.69

5.87
5.78
6.06
6.56
6.76
7.37
9.25
9.96 |

Loans of $100,000 $499.000

Loans of $10,000~$99,000
6.44
6.53
6.72
7.10

5.92
6.10
6.37
6.79

6.58
6.73
6.89
7.35

6.21
6.31
6.47
6.96

6.73
6.77
6.96
7.15

6.43
6.44
6.64
6.97

6.69
6.77
6.95
7.31

5.76
5.94
6.20
6.60

5.27
5.61
5.95
6,27

5.91
6.10
6.44
6.78

5.60
5.85
6.04
6.57

6.11
5.96
6.30
6.74

5.81
6.04
6.17
6.52

6.08
6.12
6.39
6.71

1973 -Feb
May. .
Aug
Nov

7.29
7.85
9.25
10.14

7.08
7.76
9.32
10.28

7.53
8.08
9.51
10.57

7,16
7.70
9.02
9.81

7.33
7.80
9,07
9.82

7.16
7.74
9.18
10.09

7.37
7.98
9.48
10.26

6.83
7.61
9.50
10.43

6.59
7.38
9.37
10.31

7.04
7.89
9.95
10.86

6.83
7.58
9.44
10.38

6.89
7.53
9.23
10.16

6.72
7.53
9.34
10. 2g

6.82
7.71
9.46
10.28

1974™ Feb
May
Aug. . . .
Nov

10.09
11.06
12.34
12.04

10,12
11.25
12,82
12.11

10.46
11,69
13.20
12.84

9.98
10.80
12.42
11.99

9.81
10.69
11,60
11.34

9.98
10.67
11.62
11.64

10.08
11.27
12.29
11.99

10.28
11.41
12.60
11.97

9.95
11.54
12,85
12.05

10.71
12.01
13.34
12.46

10.42
11.36
12.68
11.93

10.02
10.92
11.84
11.43

10,04
10.97
12.02
11.77

10.05
11.34
12.30
11.86

1975- Feb.
May
Aug
Nov

10.73
9.10
9.02
9.15

10.60
9.02
8.89
8.98

11.31
9.34
9.33
9.36

10.49
8.82
8.79
8.97

10.52
9.40
9.21
9.39

10.47
8.89
8.76
8.94

10.75
9.23
9.21
9.29

10.25
8.52
8.48
8.62

10.14
8.55
8.44
8.52

10.64
8.63
8.71
8.83

10,09
8.32
8.39
8.51

10.21
8.97
S.57
8.74

10.11
8.32
8.27
8.44

10.22
S.58
8.51
8.77

1976— Feb
May
Aug
Nov

8.44
8.38
8.58
8.18

8.20
8.29
8.40
7.94

B.69
8.58
8.84
8.34

8.21
8.21
8.50
8.12

8.78
8.78
8.76
8.48

8.16
8.13
8.24
7.82

8.60
8.51
8.79
8.46

7.80
7.78
7.99
7.66

7.52
7.65
7.91
7.43

8.06
7.99
8.25
7.88

7.63
7.62
7.85
7.69

8.16
7.84
8.00
7 ,,71

7.57
7.71
7.80
7.39

S.06
8.00
8.28
7.88

1972—Feb.
May
AUE.
Nov

Loans of $1,000,000 and over

Loans of $SOO,000-$999,QOO
1972_Feb.
May. .
Aue.
Nov
1973™Feb
May
Aug.
Nov.
1974— Feb
May. .
Aug.
Nov

,

1975—OPeb
May
AUK. . .
Nov
1976— Feb
May
Aug, , .
Nov.

,...
....

102



5.44
5,57
5.91
6.24

4.97
5.28
5.55
6.01

5.54
5.72
6.12
6.41

5.46
5.64
5.77
6.17

5.76
5.47
6.09
6.38

5.60
5.71
6.17
6.27

5.46
5.55
5.96
6.30

5.31
5.33
5,59
6.14

5.38
5.21
5.47
6.05

5.45
5.46
5.81
6.39

5.17
5.34
5.63
6.11

5.29
5.30
5.41
6.21

5.58
5.60
5.72
6,04

5.07
5.35
5.53
6.24

6.52
7.35
9.31
10.18

6.33
7.14
9.20
10.01

6.93
7.77
9.72
10.58

6.35
7.34
9.28
10.19

6.65
7.11
9.02
9.97

6.53
7.28
9.18
10.04

6.41
7.28
9.33
10.13

6.30
7,19
9.14
9,95

6.13
6.97
9.03
9.83

6.65
7,52
9.22
10.32

6.27
7.40
9.21
9.91

6.41
7.16
9.48
9.89

6.38
7.08
9.03
9.97

6.34
7.06
9.17
9.95

10.06
11.32
12.49
11.80

9.78
11.24
12.35
11.56

10.48
11.94
13.29
12.34

10.14
11,37
12.49
11.77

9.90
10.93
11.84
11.62

9.99
10.84
12.15
11.74

9.83
11.30
12.33
11.56

9.75
11.06
12.34
11.44

9.62
11.00
12.32
11.21

9,99
11.40
13.05
11.91

9.82
11.00
12.25
11.53

9.60
10.94
12.00
11.62

9.82
10.78
11.99
11.36

9.68
11.13
12.07
11.33

9.93
8,18
8.29
8.38

9.74
7.86
7.93
8.17

10.09
8.51
8.67
8.61

9.85
7.91
8.25
8.27

10.22
8.67
8.32
8.62

9.83
8.24
8.32
8.18

10.05
8.23
8.28
8.76

9.73
7.90
8.00
8.04

9.50
7.76
7.93
7.87

9.96
7.95
8.01
8.15

9.74
7.82
7.94
7.91

10.12
8.15
7.94
8.36

9.84
8.15
8.06
8.15

9.84
S.18
8.37
8.56

7.55
7.52
7.84
7.31

7.40
7.29
7.77
7.24

7.77
7.95
8.16
7.49

7.50
7.46
7.71
7.36

7.62
7.20
7.85
7.04

7.44
7.48
7,61
7.21

7.70
7.71
8.06
7.44

7.33
7,18
7.61
7.02

7.03
6.83
7.36
6.74

7.71
7.45
7.98
7.34

7.37
7.29
7.55
7.03

7.29
7.25
7.54
7.07

7.35
7.11
7.55
7.12

7.61
?.6l
8.05
7.34

23. Bank rates on business loans—Continued

B. Revolving credit loans, by size
Per cent per annum

Survey period

All
centers

New
York

Other
North- North South- Southwest
east Central east

All
West
Coast centers

Other
North- North South- South- West
east Central east
west Coast

New
York

Loans of $1,000=59,000

All sizes

5.24
5.59
5.83
6.11

5.07
5.44
5.82
6.01

5.41
5,82
5,69
6.22

5.67
5.84
6.12
6.12

5.76
5.13
5.66
6.20

1973— Feb
May
Aug.
Nov.

6.39
7.21
9.22
10.13

6.53
7.07
9.25
10.30

6.38
7.45
9.72
10.09

6.25
7.40
9.44
10.22

7.24
7.19
8.90
9.22

1974— Feb.
May,
Aug
Nov.

9.82
11.21
12.46
11.60

9.91
11.47
12.48
11.60

10.20
11.35
12.38
12.26

10.00
11.06
12.72
11.82

9.96
10.58
12.44
11.53

1975—-Feb.
May., ,
Aug
Nov.

9.20
7.95
8.17
8.26

7.84
7,92
8.37
8.08

10.83
7.92
8.09
8.63

10.32
8.20
8.27
8.62

9.77
8.41
7.82
9.50

1976-— Feb. . . . . . . .
May
Aug
Nov. . ,

7.50
7.36
7.87
7.19

7.51
7,42
8.14
7.18

8.06
7.78
7.59
6.92

7.64
7.48
7.96
7.54

7.49
8.01
7.48
7.05

1972— Feb.
May
Aug.. .
Nov.

5.91
5.98
6.42
6.50
6.83
7.79
9.72
10.74
10.34
11.84
12.81
12.06
10.54
8.40
8.41
8.51
7.73
7.50
7.81
7.45

5.13
5.57
5,72
6.14
6.32
7.17
9.00
9.92
9.58
11.01
12.35
11.39
9.52
7.84
8.02
8.15
7.32
7.15
7.73
7.11

6.60
6.06
6.52
5.92
6.78
7.06
6.87
7.51
7.27
7.07
7.82
7.89
8.97
9.48
9.84
10.09
10.22
9.32
11.00 10.76
12.06 12.72
12.71 12.25
11.03 10.98
9.59
9.04
9.73
8,91
9.93
9.01
9.50
8.56
9.23
8.70 "7!25'
8.37
7.23

6.16
6.28
6.51
6.81

5.51
5.97
6.21
6.35

6.56
6.73
6.38
6.92

5.95
6.00
6.35
6.86

6.13
6.05
6.30
6.55

1973— Feb.
May
Aug.
Nov. ,

7.06
7.82
9.46
10.18

6.87
7.36
9.11
10.09

7.09
7.63
9.98
10.69

7.14
7.85
9.34
10.17

5.95
7.73
9.41
9.54

1974—Feb
May
Aug.
Nov.

10.09
11.27
12.45
12.00

9.60
11.16
12.49
11.97

10.27
11.52
12.86
11.98

10.27
11.37
12.31
12.29

9.88
10.17
11.42
11.41

1975— Feb.
May
Aug,
Nov

10.56
8.91
9.06
9.15

10.59
8.94
8.94
8.90

10.60
8.66
9.01
8.91

11.14
10.01
9.58
9.57

10.41
8.61
9.47
9.53

8.40
8.12
8.33
8.14

8.31
7.73
8.26
7.86

7.57
7.84
8.22
8.20

9.23
8.69
9.03
8.95

9.02
8.95
8.40
8.09

1976—Feb.
May. .
Aug.
Nov.

...

5.94
6.48
6.63
6.76
7.17
7.83
9.34
10.19
9.97
11.28
12,43
12.33
11.18
8.66
8.88
9.15
8.14
8,23
8.09
7.96

6.36
6.37
6.68
6.90
7.20
7.95
9.51
10.21
10.11
11.37
12.60
11.89
10.13
8.54
8.84
8.99
8.15
7.84
8.08
7.85

5.60
5.69
5.93
6,47
6.55
7.45
9.34
10.20
10.10
11.36
12.47
11.99
10.14
8.58
8.45
8.59
7.79
7.59
8.02
7.60

5.31
5.60
5.83
6.27

5.22
5.35
5.61
6.19

5.28
6.09
5.75
6.09

1973— Feb. .
May
Aug. ,
Nov

6.38
7.25
9.32
10.23

6.40
7.18
9.34
10.21

6.47
7.33
10.30
10.32

1974— Feb
May
Aug. . >
Nov

9.78
11.32
12.35
11.60

9.72
11.31
12.58
11.77

9.65
11.02
11.57
11.75

1975— Feb.
May.
Aug. .
Nov.

10.18
8.23
8.68
8.41

9.87
8.16
8.30
8.44

10.98
7.56
8.78
8.19

7.74
7,35
7.80
7.41

7.46
7.29
7.56
6.97

7.80
7.58
8.36
7.75

.

1976— Feb.
May. „
Aug.
Nov




.

5.69
5.91
6.37
5.84
6.55
6.86
6.29
7,24 "7!i3' 7.54
7.48 10.11
9.42
10.55
9.75 10.72
10.03
9.35 10.43
11.00 12.12
11.19
12.06 11.74 12.57
11.79 10.98 11.82
10.24
9.00 10.75
8,12
8.47
7.97
8.56
7.50
8.11
8.49
8.30
8.65
8.02
7.46
8.43
7.23
7.74
8.15
7.74
7.47
7.24
7.88
6,77
5.32
5.73
6.11
6.35

5.86

"s'.&

6.03
5.95
6.07
5,97
6.00
7.53
9.57
9.11
9.75
10.00
9.54
10,61
9.90
10.07
10.12
9.59
9.85
8.75
8.31

6.65
6.52
6.93 .
6.98
7,65
7.75
8.78
10.46
10.58
11.73
12.74
13.03
11.61
9.44
9.36
9.18
8.81
8.93
8.74
8.19

6,67
6.90
6.98
7.14
7.37
7.97
9.36
10.09
10.24
10.71
12.69
12.70
10.67
8.91
9.27
9.71
8.69
8.61
9.10
8.77

5.34
5.41
5,73
6.27
6.56
7.28
9.18
10.33
9.99
11.27
12.60
11,89
9,98
8.37
8.41
8.54
7.68
7.49
7.70
7.21

5.44
5.87
6.09
6.23
6.69
7.55
10,35
10,55
10.32
11.36
12.04
11.68
9.97
8.21
8.01
8.09
7.47
7.44
7.67
7.26

5.55
5.74
5.79
6.42
6.54
7.57
9.17
9.70
10.17
11.35
12.45
12.57
10.97
9.24
8.81
9.34
8.34
7.99
8.50
8.05

5.56
5.44
6.13
7.93
6.41
7.03
9.39
9.83
10.09
10.51
11.03
13.09
10.35
8.68
8.35
8.74
8.09
8.35
8.16
7.56

5.94
6.48
6.28
6.75
6.74
8.11
9.54
11.22
10.32
11.79
13.03
12.28
10.57
8.51
8.46
8.62
7.89
7,67
8.20
7.74

5.72
5.72
5.97
6.42
6.51
7.36
9.28
10.16
10.04
11.39
12.53
11.68
9.77
8.44
8.39
8.34
7.59
7.39
7,95
7.58

Loans of $1,000,000 and over

Loans of $500>000-$999,000
1972—Feb.
May.
Aug,
Nov

7.14
6.36
7.02
8.14
8.50
8.15
9.55
9.96
11.14
11.63
12.38
13.34
11.77
9.78
9.70
10.11
9.88
9.19
8.94
8.52

Loans of $100J000-$499,000

Loans of $10,000-$99,000
1972— Feb. .
May
Aug
Nov. . „

7.37
7.56
7.68
6.26
7.51
8.43
9,90
10,36
9.82
11,36
13.60
12.08
12.05
10.45
10.11
10.38
10.66
8.92
8.00
8.15

5.10
5.47
5.75
6.29
6.30
7.23
9.10
10.04
9.65
11.31
12.49
11.57
10.17
8.40
9.11
8.32
7.87
7.14
7.91
7.45

5.18
5.57
5.81
6.05
6,39
7.17
9,19
10.11
9.79
11.19
12.48
11.56
8.98
7.84
8.07
8.20
7.42
7.32
7.88
7.12

5.05
5.44
5.83
5.99
6.53
7.06
9.25
10.31
9.92
11.49
12.46
11.57
7.61
7.88
8.37
8.03
7.50
7.43
8.19
7,19

5.38
5.76
5.62
6.21
6.32
7.45
9.59
10.00
10.25
11.38
12.49
12,50
10.90
7.91
7.98
8.72
8.16
7.83
7.47
6.75

5.73
5.86
6.15
6.03
6.18
7.39
9.48
10.24
9.97
11.00
12.87
11.72
10.22
8.03
8.12
8.49
7.53
7.34
7.90
7.39

5.74
4.91
5.44
5.75
7.67
9.14
10.05
10.14
10.52
13.27
11.25
9.76
8.40
7.50
10.12
6.75
7.69
7.13
6.83

6.44
6.22
6.47
6.36
6.82
7.79
9.64
10.64
10.35
11.79
12.88
12.06
10.37
8.29
8.49
8.42
7.49
7.48
7.80
7,39

5.04
5.55
5,67
6.08
6.28
7,12
8.95
9.88
9.51
10.93
12.31
11,33
9.40
7.69
7.83
8.09
7.20
7.12
7.68
7.01

103

23. Bank rates on business loans—Continued

C. Long-term loans, by size
Per cent per annum

All
centers

Survey period

New
York

Other
North- North South- Southwest
Central east
east

West
Coast

All
centers

Other
North- North South- SouthCentral east
east
west

New
York

All sizes

West
Coast

Loans of $1,000= $9,000

1972=Feb
May
AUK.
Nov

..,

5.64
5.87
6.31
6.67

5.35
5.66
5.87
6.26

5.99
6.03
6.59
6.74

5.42
5.92
6,59
7.35

7.07
6.45
7.37
7.79

6.16
6.37
6.36
6,72

5.80
5.80
6.49
6,38

6.98
7.03
7.47
7.43

5.75
5.55
5.87
7.14

7.59
7.76
7.64
7.37

6.39
6.83
6.79
6.94

7.81
6.58
6.67
9.67

6.57
6.92
8.60
6,81

7.55
7.49
7,62
7.42

1973— Feb
May
Aug.
Nov

..

7.12
7.67
9.85
10.68

6.90
7.30
9.96
11.05

7.08
8.20
9.87
10.17

7.04
7.73
9.70
10.92

8.46
8.67
9.77
12.33

7,88
7.79
10.12
10.28

7.18
7.69
9.71
10.18

7.80
8.14
9.43
10.36

6.64
7.20
8.75
9.69

8.02
8.55
9.68
10.80

7,34
8.04
8 = 60
10.08

8.35
7.18
9.16
9.10

8.20
8.39
10.19
10.95

7.49
8.73
9,97
9.92

1974— Feb
May
Aug
Nov

10.16
11,41
13.08
12.16

10.03
12.64
13.65
11.96

10.48
11.27
12.74
12.35

10.48
11.14
13.12
12.29

10.93
11.03
10.27
13.81

9.90
10.83
13.43
12.27

9.75
9.97
12.41
12.01

10.74
10.61 'i6!67'
11.76 10.43
11.74
8.87

10.93
10.81
12.70
12.66

10,51
9.49
11.27
10.90

10.49
10.19
11.05
11.21

10.88
11.51
12.09
12.39

10.75
11,31
11.38
12.75

1975— Feb
May
Aug
Nov

10.26
8,22
8.89
8.88

9.62
8.38
8.77
8.44

10.48
8.53
8.96
9.10

11,33
7.22
9.45
9.03

10.42
8.91
8.91
8.87

9.87
8.47
8.41
8.88

10.07
8.71
8.57
9.27

10.54
9.94
9.45
9.76

9.27
9.92
8.80
7.37

10,99
9.99
9.35
9.84

10.32
9.06
9.71
9,71

9.67
10,94
8.87
7.82

11.99
10.74
9.69
11.60

H.36
9.15
9.60
9,90

1976™Feb
May
Aug.
Nov

8.02
8.02
8.45
7.48

7.68
7.85
8.52
7.36

8.16
7,35
8.62
6.64

7.96
8.59
8.05
7.66

8.90
8.03
8.88
7.59

8.14
7.89
8.42
7.73

8,46
8.23
8.67
8,04

9.44
9.21
9.61
9.39

7.43
7.68

9.36
9,10
9.40
9.22

9.23
8.38
8,83
9.20

9.69
9.49
9.60
9.87

10.65
10.53
10.85
10.54

8.63
9.43
9.28
8.70

7.19

Loans of $10,OQO~$99,000
1972— Feb.
May
Aug
Nov

6.85
6.65
6.80
7.15

5.77
6.26
6.29
7.03

7.07
6.60
6.94
7.10

6.75
6.94
6.82
7.09

9.03
6.63
6.17
7.15

!

Loans of $1QO,000=$499,OGO

6.67
6.95
7.57
7.14

6.24
6.35
6.66
7.44

6.19
6.26
6.51
6.82

5.83
5.99
6.18
6.08

6.51
6.45
6.73
6,70

6.08
6.00
6.67
7.29

6,78
7.10
7.07
7.51

6.42
6.33
6.69
7.20

6.02
6.37
6.07
6,67

1973— Feb
May
Aug,
Nov

..

7. 57
8.02
9,65
10.45

7.00
7,45
9.69
10.92

7.66
7.94
9.79
10.32

7.60
8.11
9.54
10.40

8.06
8.71
9.59
10.98

7.97
8.20
9.61
10.22

7.17
7.95
9.58
10.29

7.31
7.96
9.64
10,23

7,09
7.55
9.27
10.45

7.49
8.24
9.56
9.83

7.24
8.22
9.99
10.12

8.67
8.50
9.68
13.07

7.37
7.66
9.76
10.15

6.91
7.66
9.57
9. HO

1974— Feb.
May..
Aug,
Nov

..

10.42
10.82
12.03
12.04

10.93
11.50
12.56
11.45

10.07
11.03
11.83
12,52

9.69
10.13
11.47
11.89

13.59
9.96
10.83
11.45

10.23
11.32
12.84
12.18

10.21
11.06
13.09
11.99

10.47
10.92
12.30
12.09

10.06 10.19
11.90 1 11.01
12.72 12.60
12.37 11.98

10.45
11.10
12.27
11.90

12.48
11.49
11,69
12.14

10,56
10,64
12.06
12.28

10.64
9.40
11.82
12.04

1975— Feb
May
Aug
Nov

10.55
9.36
9.47
9.18

10.82
9.50
8.53
9.09

10.77
9.76
10.09
9,39

10.25
8.68
9.24
8.55

10.47
9,14
9.66
8.84

10.12
9.86
9.38
9.44

10.77
9.20
9.24
9.90

10.57
8.83
9.01
9.11

10.46
8.69
8.86
9.13

10.51
9.41
9,56
9.02

10.17
8.64
8.50
S.94

11.11
7.93
9.54
9.06

10.46
8.37
8.67
9.39

11.28
9.06
9.28
9.32

1976— Feb
May
Aug
Nov.

8.96
8.80
9.02
8.88

8.08
8.45
8.27
8.55

9.32
9,19
9.43
8.84

8.56
8.28
9.07
9.03

9.69
8.90
9.08
9.35

8.69
8.92
9,04
9.05

9.33
8.97
8.58
8.54

8.40
8.16
8.55
8.14

8.01
8.45
8.05
7.93

8.38
8.52
8.93
7.95

8.35
7.94
8.26
8.35

9.20
7.70
9.88
7.93

8.10
8.40
8.23
8.28

8.85
7.73
8.81
8.31

Loans of $5 00,000= $999, 000

7.88

6.68
6.29
5.54
6.17

5.04
5,25
6.82
6.77

5.44
5.78
6.28
6.61

5.29
5.64
5.85
6.29

5.52
5.85
6.54
6.73

5.17
5.84
6.58
7.30

5.50
5.50
8.23
8. 25

5.87
6.35
6.45
6.76

5.87
5.79
6.46
6.27

7.76
9.39
11.25
15.73

6.62
7.68
9.71
10.59

8.24
7.57
9.25
10.73

7.06
7.60
9.44
10.78

6.91
7.25
10.03
11.12

6.94
8.28
10.24
10.29

6.98
7.65
9.63
11.16

8.71
8.58
9.37
10.96

8.45
7.82
10.40
10.21

7.06
7.71
9.80
10.15

10.10
11.66
12.70
11.75

14.20
9.96
11.06
12.02

9.63
11.36
12.41
12.68

10.22
11.34
13.43
11.60

10.09
11.48
13.03
12.23

10.02 i 10.58
12.74 11.26
13.81 13.01
11.93 12.61

10.57
11.13
13.40
12.44

8.90
11.50
8.30
17.29

9.79
10.65
14.22
12.49

9.55
9. HI
12,32
12.06

10.20
7.96
9.28
8.02

9.45
8.09
8,23
9.90

11.95
9.47
8.04
9.36

10.09
8.68
8.62
8.97

10.94
8.67
8.47
9,49

10.21
8.05
8.89
8.79

9.53
8.31
8.80
8.32

10.49
8,28
8.60
9.33

11.81
6.80
9.81
8.97

9.16
9.50
8.30
8.54

9.60
8.28
8.18
8.65

9.78
8.66
8.47
9.21

8.10
8.10
7.50
7.92

7.90
9.08
8.36
8.99

7.97
7.75
8.18
4.00

8.79
7.64
8.69
8.44

9.12
8.29
10.00
7.78

7.89
7.92
8.40
7.24

7.68
7.76
8.56
7.26

7.98
6.64
8.70
5.73

7.86
8.65
7.92
7.32

8.57
8.01
8.06
7.79

7. 84
7.74
8,30
7.20

8.2H
8.26
8,46
8.03

1972— Feb
May.
Aug.
Nov

6.13
5.87
6.27
6.76

5.62
5.54
5.74
5.78

6.88
6,01
6.42
6.66

6.04
6.12
6,52
7.90

9.53
7.05

1973— Feb.
May
Aug
Nov.

7.13
7.74
9.48
10.54

6.47
7.70
9.63
10.60

6.89
7.95
8.68
9,94

7.02
7.57
10.00
10.25

10.24
11.58
12.59
11.71

9.95
12.06
12.26
12.02

10.58
11.76
12.20
11.55

10.16
8.47
8.54
9.16

9.78
9.02
8.01
9.46

8.26
8.33
8,60
8.13

7.25
8.51
8.44
8.06

1974— Feb.
May
Aug.
Nov
1975=Feb
May.
Aug
Nov
1976— Feb.
May
Aug
Nov

.,
. ..

.

104



Loans of SI, 000,000 and over

24. Interest rates in money and capital markets
A. Annual and monthly averages *
Per cent per annum

1972

Instrument

1974

1973

1975

1972

1976
Jan.

Feb.

Mar.

Apr.

May

June

Money market rates
Prime commercial paper:
90- to 119-day
4- to 6-month

1

4.66
4.69

8.20
8.15

JO. 05
9,87

6.26
6.33

5.24
5.35

4.02
4.08

3.81
3.93

4.10
4.17

4.55
4.58

4.45
4.51

4.60
4.64

Finance company paper, 2 directly
placed 3- to 6-month

4.52

7.40

8.62

6.16

5.20

3.95

3.78

4.03

4.38

4.38

4.45

Prime bankers acceptances, 90-day 3 .

4.47

8.08

9.92

6.30

5.17

3.92

3.52

3.95

4.43

4.25

4.47

Federal funds *

4.44

8.74

10,51

5.82

5.05

3.50

3,29

3.83

4.17

4.27

4.46

Large negotiable certificates of
deposit :
3-month, secondary market6 6
3-month, primary market
....

4.64

8.39

10.27

6.43

5.27
5.15

4.05

3.62

3.99

4.58

4.43

4.58

Euro-dollar deposits, 3-month *

5.40

9.22

10.96

6.97

5.57

5.37

5.02

5.26

5.01

4.86

5.07

4.07
4.49
4.77

7.03
7.20
7.01

7.84
7.95
7.71

5.80
6.11
6,30

4.98
5.26
5.52

3.38
3.66
3.82

3.20
3.63
4.06

3.73
4.12
4.43

3.71
4.23
4.65

3,69
4.12
4.46

3.91
4.35
4.71

4.071
4.466

7.041
7.178

7.886
7.926

5.838
6.122

4.989
5.266

3.403
3.656

3.180
3.594

3.723
4.086

3,723
4.218

3.648
4.064

3.874
4.270

4.86
5.85

7.30
6.92

8.25
7.81

6.70
7.55

5.84
6.94

3.99
5.33

4.07
5.51

4.54
5.74

4.84
6.01

4.58
5.69

4.87
5.77

U.S. Government securities: 8
Bills:
Market yields :
3-month
6-month
1-year
.

..

Rate on new issue :
3-month
6-month . . .
Notes and bonds maturing in 9 —9 to 12 months
3 to 5 years
....

Capital market rates
Government bonds:
U.S. Treasury;
Long-term 9 • .
20-year constant maturity

...

lo

State and local ; 1 1
Moody's series :
Aaa ,
...
Baa
Bond Buyer series 1 2
Corporate bonds:
Seasoned issues (Moody's series) : * 3
All industries
By rating groups:
Aaa
Aa
..
A
Baa
Aaa utility bonds: 14
New issue
Recently offered issues

. ..

6.99

6.98

6.78

5.62

5.67

5.66

5.74

5.64

5.59

5.89
6.53
6.17

6.42
7.62
7.05

5.66
7.49
6.64

4.84
5.49
5.12

5.01
5.63
5.29

4.99
5.61
5.31

5.16
5.79
5.43

5.09
5.65
5.31

5.07
5.72
5.34

7.80

9.03

9.57

9.01

7.66

7.68

7.66

7.71

7.71

7,66

7.44
7.66
7.84
8.24

8.57
8.84
9.20
9.50

8.83
9.17
9.63
10.61

8.43
8.75
9.09
9.75

7.19
7.52
7.70
8.23

7.27
7.52
7.70
8.23

7.24
7.53
7.66
8.23

7.30
7.57
7.74
8.24

7.30
7.56
7.75
8.24

7.23
7.51
7.69
8.20

7.74
7.75

9.33
9.32

9.40
9.41

8.48
8.49

7.21
7.24

7.34
7.34

7.24
7.27

7.45
7.43

7.38
7.42

7.32
7,38

5.63

6.30

5.04
5.60
5.76

4.99
5.49
5.19

7.63
7.21
7.48
7.66
8.16
7.31
7.34

,

1

A Data for stock yields for 1976 appear in Table 99, p. 362.




105

24. Interest rates in money and capital markets—Continued

A. Annual and monthly averages—Continued
Per cent per annum

1972

1973

Instrument
July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Mar.

Apr.

May

6.17
6.22

6.76
6.85

7.13
7.14

7.26
7.27

5,97

6.76
6.97
7.12

7.15
7.84

Feb.

!

Money market rates
Prime commercial paper: *
90- to 119-day
4- to 6-month

,

4,83
4.85

4.75
4,82

5.06
5.14

5.21
5.30

5.18
5.25

5.40
5.45

5.76
5.78

Finance company paper, 2 directly
placed, 3- to 6-month

4.72

4.58

4.91

5.13

5,13

5.24

5.56

Prime bankers acceptances, 90-day s .

4.73

4.67

4.84

5.05

5.01

5.16

5.60

6.14

Federal funds 4

4.55

4.80

4.87

5.04

5.06

5.33

5.94

6.58

6.45
6.82
7.09

4.85

4.80

5.08

5.24

5.21

5.39

5.79

6.28

6.96

7.30

7.47

5.58

5.46

5.46

6.00

5.78

6.05

6.13

7.46

8.53

8.15

8.45

3.98
4.50
4,90

4.02
4.55
4.90

4.66
5.13
5.44

^4.74
5.13
5.39

4.78
5.09
5.20

5.07
5.30
5.28

5.41
5.62
5.58

5.60
5.83
5.93

6.09
6.51
6.53

6.26
6.52
6.51

6.36
6.62
6.63

4.059
4.583

4.014
4.527

4.651
5.086

4.719
5.118

4.774
5.079

5.061
5.287

5.307
5.527

5.558
5.749

6.054
6.430

6.289
6.525

6,348
6.615

4,89
5.86

4,91
5.92

5.49
6.16

5,41
6.11

5.22
6.03

5.46
6.07

5.78
6.29

6.07
6.61

€.81
6.85

6,79
6.74

6.83
6.78

6.11

6.22

Large negotiable certificates
deposit:
6
3-month, secondary market
3-month, primary market 8
Euro-dollar deposits, 3-month

'

6.85

of

7

U.S. Government securities: 8
Bills:
Market yields:
3-month
...
6-month
1-year
...
Rate on new issue:
3-month . . .
6-month
Notes and bonds maturing in 9™
9 to 12 months. . . .
....
3 to 5 years

1
1

Capital market rates
Government bonds:
U.S. Treasury9 :
Long-term
20-year constant maturity 1 0
State and local: ll
Moody's series:
Baa
"Bond Buyer series * a

Corporate bonds:
Seasoned issues (Moody's series) : * 3
By rating groups :
Aaa
Aa
A
Baa
Aaa utility bonds : » «
New issue
..

106



...

|

5.57

5.54

5.70

5.69

5.50

5.63

5.94

6.14

6.20

5.23
5.78
5.41

5.10
5.66
5.30

5.12
5,69
5.36

5.03
5.45
5.19

4,91
5.37
5.02

4.91
5.39
5.05

4.90
5.39
5.05

4.95
5.44
5.13

5.07
5.58
5.29

4.95
5.42
5.15

4.90
5.41
5.15

7.66

7.61

7.59

7.59

7.52

7.47

7.49

7.57

7.62

7.12
7.39
7.58
7.99

7.08
7.36
7.50
7.93

7.15
7.37
7.53
7.90

7.22
7.47
7.60
7.97

7.29
7.49
V7.66
X03

7.62
7.26
7.49
7.64
8.09

7.62
7.29
7.49
7.64
8.06

7,09
7.21

7.15
7.21

7.38
7.37

7.40
7.42

7.54

7.46
7.47

7.51
7.50

7.21
7.50
7.71
8.23

7.19
7,43
7.64
8.19

7.22
7.41
7.64
8,09

7.21
7.45
7.64
8.06

7,38
7.39

7,37
7.38

7.40
7.42

7.38
7.41

37.49

;

24. Interest rates in money and capital markets—Continued

A. Annual and monthly averages—Continued
Per cent per annum

1973

Instrument
June

July

Aug.

Sept.

1974
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

9.28
9.08

8.86
8.66

8.00
7.83

8.64
8.42

9.92
9.79

Money market rates
Prime commercial paper:
90- to 119-day
4- to 6-month

:

Finance company paper,2 directly
placed, 3- to 6-month

8.00
7.99

9.26
9.18

10.26
10.21

10.31
10,23

9.14
8,92

9.11
8.94

7.45

8.09

8.90

8.90

7.84

7.94

8.16

7.92

7,40

7.76

8.43

8.94

8.72

7.83

8.43

9,61

Prime bankers acceptances, 90-day «.

7.98

9.19

10.18

10.19

9.07

8.73

Federal funds 4

8.49

10.40

10.50

10.78

10.01

10.03

9.95

9.65

8.97

9.35

10.51

Large negotiable certificates of
deposit :
6
3-month, secondary market
3-month primary market 6
,.

8.11

9.48

10.74

10.62

9.24

9.20

9.29

9.04

8,08

8.83

10.27

Euro-dollar deposits, 3-month 7 . . .

8.81

10.40

11.44

11.16

9.96

.9.88

10.60

9.41

8.49

9.23

10.52

U.S. Government securities: 8
Bills:
Market yields :
3-month .
6-month
1-year

7.19
7.23
7.05

8.01
8.12
7.97

8,67
8.65
8.32

8,29
8.45
8.07

7.22
7.32
7.17

7.83
7.96
7.40

7.45
7.56
7.01

7.77
7.65
7.01

7,12
6.96
6.51

7.96
7.83
7.34

8.33
8.32
8.08

Rate on new issue:
3-month
6-month . .

7.188
7.234

8.015
8.081

8.672
8.700

8.478
8.537

7.155
7.259

7.866
7.823

7.364
7.444

7.755
7.627

7.060
6.874

7.986
7,829

8,229
8.171

7.27
6.76

8.37
7.49

8.82
7.75

8.44
7.16

7.42
6.81

7.66
6.96

7.38
6.80

7.46
6.94

6.93
6.77

7.86
7.33

8.66
7.99

,

Notes and bonds maturing in 9—
9 to 12 months
3 to 5 years . , . . . . . .

Capital market rates
Government bonds :
U.S. Treasury:
Long-term 9 .
20-year constant maturity *"
State and local: 1 1
Moody *s series:
Aaa
Baa
Bond Buyer series 1 2
Corporate bonds:
Seasoned issues (Moody's series) : *3
All industries
By rating groups:
Aaa
Aa
..
.
. . .
A
Baa
Aaa utility bonds ;1 «
N e w issue . . .
Recently offered issues




6.32

6.53

6.81

6.42

6.26

6.31

6.35

6.56

6.54

6.81

7.04

5.05
5.51
5.18

5.21
5.71
5.40

5.26
5.80
5.48

4.90
5.41
5.10

4.76
5.31
5.05

5.03
5.46
5.18

4.90
5.43
5.12

5.03
5.49
5.22

5.05
5.49
5.20

5.20
5.71
5.41

5.45
6.06
5.73

7.69

7.80

8.04

8.06

7.96

8.01

8.05

8.12

8.17

8.28

8.54

7.37
7.55
7.71
8.13

7.45
7.64
7.86
8.24

7.68
7.84
8,11
8.53

7.63
7.86
8.11
8.63

7.60
7.84
7.98
8.41

7.67
7.90
8.07
8.42

7.68
7.92
8.11
8.48

7.83
8.00
8.17
8.48

7.85
8.05
8.25
8,53

8.01
8.18
8.32
8.62

8.25
8.43
8.61
8.87

7.64
7.64

8.01
7.97

8.36
8.22

7.88
7.96

7.90
7.94

7.90
7.94

8.00
8.04

8.21
8.22

8.12
8.23

8.46
8.44

8.99
8.94

107

24. Interest rates in money and capital markets—Continued

A. Annual and monthly averages—Continued
Per cent per annum

1974

Instrument
May

June

July

Aug.

Sept.

|

Oct.

Nov.

1975

Dec.

Jan.

Feb.

Mar.

9.18
8.98

7.39
7.30

6.36
6.33

6.06
6.06

Money market rates
Prime commercial paper: l
90- to 1 19-day
4" to 6-month

,

..

Finance company paper,2 directly
placed, 3- to 6-month

10.82
10.62

11.18
10.96

11.93
11.72

11.79
11.65

11.36
11.23

9.55
9.36

8.95
8.81

8.94

9.00

9.00

9.31

9.41

9.03

8.50

8.50

7.35

6.24

6.00

Prime bankers acceptances, 90-day 3 . 10.68

10.79

11.88

12.08

11.06

9.34

9.03

9.19

7.54

6.35

6.22

Federal funds 4 . ,

11.31

11.93

12.92

12.01

11.34

10.06

9.45

8.53

7.13

6.24

5.54

11.20

11.38

12.25

12.23

11.64

9.80

9,10

9.23

7.60

6,43

6.17
........

11.17

12,09

13,52

12.95

12,42

10.95

10.06

10.28

8.17

7.26

6.85

8.23
8.40
8.21

7.90
8.12
8.16

7.55
7.94
8.04

8.96
9.11
8.88

8.06
8,53
8.52

7,46
7.74
7.59

7.47
7,52
7.29

7.15
7.11
6.79

6.26
6.36
6.27

5.50
5.62
5.56

5,49
5.62
5.70

8.430
8.496

8.145
8.232

7.752
8.028

8.744
8.853

8.363
8.599

7.244
7.559

7.585
7.551

7.179
7.091

6.493
6.525

5.583
5.674

5,544
5.635

8.78
8.24

8.71
8.14

8.89
8.39

9.54
8.64

8.95
8.38

8.04
7.98

7.67
7,65

7.33
7.22

6.74
7.29

5.97
6.85

6.10
7.00

Large negotiable certificates
deposit :
3-month, secondary market 6
3-month primary market "
Euro-dollar deposits, 3-month

of

7

8

U.S. Government securities:
Bills:
Market yields:
3-month
.
6-month
1-year , . . . ,
.

...

Rate on new issue:
3-month
6-month
9

Notes and bonds maturing in — ~
9 to 1 2 months
3 to 5 years

Capital market rates
Government bonds:
U.S. Treasury :
Long-term *
20-year constant maturity 1 0 . .
State and local :
Moody's series: * *
Aaa
Baa

Bond Buyer series

lz

Corporate bonds :
Seasoned issues (Moody's series) : J 3
All industries
By rating groups :
Aaa
...
Aa

A

Baa

7.07

7.03

7.18

7.33

7.30

7.22

6.93

6,78

6.68

6.61

6.73

5.89
6.31
6.02

5.95
6.41
6.13

6.34
7.10
6.68

6.38
7.40
6.71

6,49
7.18
6.76

6.21
6.99
6,57

6.06
7.01
6.61

6.65
7.50
7.05

6.39
7,45
6.82

5.96
7.03
6.39

6.28
7.25
6.74

9.70

9.63

9.65

9.43

9^6

8.89
9.20
9.80
10.63

8.83
9.13
9.81
10.81

8.62
8.91
9.51
10.65

9.37
10.48

9.53
9.56

9.36
9.45

8.97
9.09

9,35
9.38

1

8.89

9.15

9.43

9,78

9.92

8.37
8.58
8.83
9.05

8.47
8.75
9.07
9.27

8,72
9.01
9.40
9.48

9.00
9.28
9.67
9.77

9.24
9.66
10.04
10.18

9.27
9.64
10.29
10.48

8.89
9.34
9.96
10.60

9.24
9.13

9.38
9.40

10.20
10.04

10.07
10.19

10.38
10.29

10.16
10.23

9.21
9.21

8,71

&
8,92

1

Aaa utility bonds; *
N e w issue
.
Recently offered issues

108



. . . .

1

24. Interest rates in money and capital markets—Continued
A. Annual and monthly averages—Continued
Per cent per annum

1975

Instrument

Apr.

May

June

July

Aug.

1976
Sept.

Nov.

Dec.

Jan,

Feb.

6.35
6.48

5.78
5.91

5.88
5.97

5.15
5.27

5.13
5.23

Oct.

Money market rates
Prime commercial paper: *.
90- to 119-day
4- to 6-month
.

6.11
6.15

5,70
5.82

5.67
5.79

6.32
6.44

6.59
6.70

Finance company paper, 2 directly
placed, 3- to 6-month

5.97

5.74

5,53

6.02

6.39

6.53

6.43

5.79

5.86

5.16

5.09

Prime bankers acceptances, 90-day 3.

6.15

5.76

5.70

6.40

6.74

6.83

6.28

5.79

5.72

5.08

4.99

Federal funds •*. .

5.49

5.22

5.55

6.10

6.14

6.24

5.82

5.22

5.20

4.87

4.77

6.28

5.78

5.65

6.54

6.86

7.03

6.56

6.27

6.01

5.16
5.03

5.17
5,07

Euro-dollar deposits 3-month '

7.04

5.98

6.11

6.94

7.23

7.40

7.15

6.76

6.47

5.49

5.50

U.S. Government securities: 8
Bills:
Market yields:
3-month
6-month
....
1-year

5.61
6.00
6.40

5.23
5.59
5.91

5.34
5.61
5.86

6.13
6.50
6.64

6,44
6.94
7.16

6.42
6.92
7.20

5.96
6.25
6.48

5.48
5.80
6.07

5.44
5.85
6,16

4.87
5.14
5.44

4.88
5.20
5.53

5.694
6.012

5.315
5.649

5.193
5.463

6,164
6.492

6.463
6.940

6.383
6.870

6.081
6.385

5.468
5.751

5.504
5.933

4.961
5.238

4.852
5.144

6.83
7.76

6.31
7.49

6.26
7.26

7.07
7.72

7.55
8,12

7.54
8.22

6.89
7.80

6.40
7.51

6.51
7.50

5.71
7.18

5.78
7.18

. . . .

Large negotiable certificates
deposit :
3-month, secondary market 6
3-month, primary market 6

6.79
6.86

of

Rate on new issue:
3-month
6-month .
Notes and bonds maturing in 8 —
9 to 12 months.
3 to 5 years .

Capital market rates
Government bonds:
U. S. Treasury:
Long-term 9 .
20-year constant maturity 10
State and local: ll
Moody's series:
Aaa
...
.
Baa
Bond Buyer series * 2

....

Corporate bonds :
Seasoned issues (Moody's series) ; 1 3
All industries
.
..
By rating groups:
Aaa
Aa
A.
Baa
Aaa utility bonds :1 4
New issue. . .
.
...
Recently offered issues




7.03

6.99

6.86

6.89

7.06

7.29

7.29

7.21

7.17

6.94

6.92

6,46
7.43
6.95

6.42
7.48
6.97

6.28
7.49
6.95

6.39
7,60
7.07

6.40
7.17
7.17

6.70
7.96
7.44

6.67
8.01
7.39

6.64
8.08
7.43

6.50
7.96
7.31

6.22
7.81
7.07

6.04
7.76
6.94

9.59

9.66

9.55

9.54

9.61

9.67

9.63

9.55

9.57

9.42

9.31

8.95
9.19
9.62
10.58

8.90
9.24
9.79
10.69

8.77
9.13
9.67
10.62

8.84
9.13
9.61
10.55

8.95
9.23
9.68
10.59

8.95
9.35
9.74
10.61

8.86
9,32
9.72
10.62

8.78
9,23
9.64
10,56

8.79
9,25
9.66
10.56

8.60
9.13
9.54
10.41

9.67
9.65

9.63
9.65

9.25
9.32

9.41
9.42

9,46
9.49

9.68
9.57

9.45
9,43

9.20
9.26

9.36
9,21

8.70
8.79

8.55
9.02
9-43
^
10.4* rf *J
8.63
8.63

109

\
1

24. Interest rates in money and capital markets—Continued

A, Annual and monthly averages—Continued
Per cent per annum

1976

Instrument

Mar.

Apr.

May

June

July

Sept.

Oct.

Nov.

Dec.

5.35
5.47

5.33
5.45

5.10
5.22

4.98
5.05

4.66
4.70

5,08
5.06
5.03

4.92
4.90
4.95

4.56
4.62
4.65

5.01
4.95
5.29

4.66
4.54

Aug.
i

Money market rates
Prime commercial paper: *
90- to 1 19-day .
4- to 6-month

5.25
5.37

Finance company
paper, directly placed, 3- to
6-month 2 .

5.27

Prime bankers acceptances, 90-day «

5.18

Federal funds ^

4.84

Large negotiable certificates of6 deposit :
3-month secondary market
3-month, primary market $

5.44
5.54

5.83
5.94

5.54
5.67

5.14

5.38

5.78

5.53

5.46

5.31

5.03

5.53

5.77

5.50

5.32

5.28

4.82

5,29

5.48

5.31

5.29

5,25

5.33
5.23

5.12
4.97

5.55
5.38

5.84
5.68

5.53
5.42

5,37
5.31

5.32
5.25

Euro-dollar deposits, 3-month '. ,

5.57

5,39

5.97

6.19

5.79

5.68

5.54

5.13
5.03
5.47

U.S. Government securities: 8
Bills:
Market yields:
3-month . .
6-month
1-year

5.00
5.44
5.82

4.86
5.18
5.54

5.20
5.62
5.98

5.41
5.77
6.12

5.23
5.53
5,82

5.14
5.40
5.64

5.08
5.30
5.50

4.92
5.06
5.19

4.75
4.88
5.00

4.35
4.51
4.64

5.047
5.488

4.878
5.201

5.185
5.600

5,443
5.784

5.278
5.597

5.153
5.416

5.075
5.311

4.930
5.073

4.810
4.944

4.355
4.513

6.12
7.25

5.85
6.99

6.36
7,35

6.52
7.40

6.21
7.24

5.99
7.04

5.79
6.84

5.49
6.50

5.29
6.35

4.92
5.96

Rate on new issue:
3-month
6-month. . . . . .

5.08
5.23

!

5.01

9

Notes and bonds maturing in —
9 to 12 months .
3 to 5 years

Capital market rates
Government bonds:
U.S. Treasurya :
Long-term
20-year constant maturity 1 0
State and local: ll
Moody's series;
Aaa
Baa
Bond Buyer series * <J
Corporate bonds:
Seasoned issues (Moody's series) : * 3
All industries. .
By rating groups :
Aaa
Aa
A
Baa
Aaa utility bonds : * «
New issue . .
Recently offered issues

110



.

.

6.87

6.73

6.99

6.92

6.85

6,79

6.70

6.65

6.62
,

6.39

5.99
7.72
6.92

5.68
7.50
6.60

5.88
7.75
6.87

5.85
7.75
6.87

5.71
7,64
6.79

5.51
7.48
6.61

5.40
7.36
6.51

5.29
7.20
6.30

5.27
7.16
6.29

5.07
6.73
5.94

9.26

9.12

9.16

9.16

9.08

8.93

8.79

8.52
9.01
9.40
10.12

8.40
8,89
9.26
9.94

8.58
8.92
9.28
9.86

8.62
8.89
9.24
9.89

8.56
8.81
9.14
9,82

8.45
8.66
8.98
9.64

8.38
8.54
8.81
9.40

8.71
8.32
8.48
8.73
9.29

*-866
«8.69
:!1
9.23

8.47
7.98
8.24
8.53
9.12

8.62
8.61

8.48
8.52

8.82
8.77

8.72
8.73

8.63
8.63

8.52
8.50

8.29
8.33

8.25
8.24

8.17
8.18 I

7.94
7.93

|

24. Interest rates in money and capital markets—Continued
B. Weekly averages
Per cent per annum
1976, week ending—
Instrument

Jan. 3

Jan. 10

Jan. 17

Jan. 24

Jan. 31

Feb. 7

Feb. 14 Feb. 21 Feb. 28

Mar. 6

Mar. 13

Money market rates
Prime commercial paper:
90- to 119-d.iy
4- to 6"mon(>rt

5.10
5.23

5.10
5.23

5.00
5.13

5.05
5.15

,„

5.13

5.10

5.04

5.01

5.00
4.94

4.76

4.81

4.80

5.00
4.95
4.82

5.51
5.25

5.13
5.00

5.10
5.00

5.90

5.50

5.43

5.51

5.02
4.88
5.48

5,19
5.49
5.77

5.07
5.32
5.58

4.84
5.11
5.41

4.78
5.06
5.37

5.208
5.507

5.226
5.521

4.826
5.066

6.11
7,28

5.91
7.20

5.68
7.14

l

5.69
5.81

5,33
5.40

Finance company paper, 2 directly
placed^ 3- to 6-month
....

5.69

5.33

Prime bankers acceptances, 90-day 3 .

5,52

5.25

5.18

5.12

Large negotiable certificates of
deposit :
3-month secondary market B . . . ,
3-month, primary market *

5.68

Euro-dollar deposits, 3-month 7
U.S. Government securities: 8
Bills :
Market yields:
3-montfi
6-month . . .
1-year

Federal funds

4

..

Rate on new issue:
3-month . . .
6-montH

..

'

5.22
5.28

5.13
5.25

5.25
5.38

5.25
5.38

5.13
4.97
4.73

5.13
5.02

5.13
5,04
4.80

5.23

5.28

5.26
4. 95

5.21
4.86

5.00
4.88
5.29

5.21
5.13

5.18
5.13

5.48

5.20
5.13
5.55

5.58

5.32
5.30
5.66

5.41
5.25
5.64

4.72
5.00
5.32

4.90
5.15
5.45

4.85
5.13
5.47

4.87
5.22
5,58

4.90
5.28
5.62

5.20
5.65
5.98

4.99
5.47
5,86

4.783
5,046

4,763
5.052

4.811
5.066

4.872
5.133

4.854
5.171

4.870
5.204

5.258
5.724

5.060
5.487

5.65
7.18

5.53
7.16

5.71
7.16

5.74
7.17

5.79 .
7.20

5.86
7.18

6.30
7.36

6.19
7.30

5.25

4.70

9

Notes and bonds maturing in —
9 to 12 months
*
3 to 5 ye^rs
..

Capital market rates
Government bonds:
U.S. Treasury:
Long-terni '
20-year constant maturity *°. . . .
State and local : n
Moody *s series:
Aaa
Baa
Bond Buyer series 1E
Corporate bonds:
Seasoned issues (Moody 's series) :13
All industries
By rating groups:
Aaa
Aa . . . ,
A .. .
Baa
.
....
Aaa utility bonds: 14
New issue
Recently offered issues




. ...

7,05

6.96

6.90

6.93

6.94

6.93

6,96

6.94

6.88

6.96

6.91

6.45
7.92
7.29

6.25
7.84
7.13

6.25
7.83
7.09

6-. 15
7.78
7.01

6,00
7.68
6.85

6.00
7.70
6.86

6.05
7.77
7.95

6.06
7.78
6.97

6.06
7.78
6.98

6.10
7.79
7.04

6.05
7,75
6.98

9.50

9.47

9.44

8.66
9.18
9.62
10.55

8.63
9.16
9.60
10.50

8.60
9.14
9.57
10.43

I'40
C-58
9.13
9.52
10.37

9.36
8.57
9.08
9.48
10,31

9.33
8.56
9.04
9.45
10.28

9.32
8.57
9.03
9.43
10.26

9.31
8.56
9.00
9.43
10.24

9.28
8.51
8.99
9.43
10.17

9.29
8.55
9.01
9.42
10.18

9.29
8.55
9.03
9.43
10.15

9,10

8.88
8.94

8.64
8.68

8.62
8.69

8.66
8.68

8.68
8.62

"sles"

8.64
8.67

8.58
8.56

8.72
8.72

8.63
8.64

111

24. Interest rates in money and capital markets—Continued
B. Weekly averages—Continued
Per cent per annum
1976, week endingInstrument

Mar, 20 Mar. 27

Apr. 3

Apr. 10 Apr. 17 Apr. 24

May 1

May 8 May 15 May 22 May 29

Money market rates
Prime commercial paper:
90- to 119-day
4- to 6-month

1

,.

Finance company paper, 2 directly
placed, 3- to 6-month
,
Prime bankers acceptances, 90-day 3 .
Federal funds

4

5.35
5.45

5,23
5.35

5.15
5.30

5.18
5.38

5.09
5.19

5.00
5.13

5.03
5.15

5.20
5.30

5.30
5.43

5.53
5.63

5.73
5.83

5.38

5.28
5.12
4.79

5.13
5.10
4.84

5.18
5.05

5.13

5.13
4.94

5.15
5.21

5.45

5.63

5.03

5,30
5.39
5.02

5.19
4.77

4.73

5.01
4.77

4.78

5.13
5.07
4.93

5.19
5.00
5.43

5.20
5.00
5.44

5.10
4.88
5.38

5.04
4.98
5.31

5,13
5.00
5.39

5.20
5,13
5.50

5.67

5.87

5.28

5 . 50

5.31
5.25
5.63

5.48
5,30

5.88
5.63

5.98

6.35

Large negotiable certificates of
deposit:
6
3-month secondary market
3-month, primary market 6

5,38
5.25

Euro-dollar deposits, 3-month * ...

5.58

5.27
5.13
5.51

4.98
5.43
5,82

4.87
5.26
5.67

4.97
5.34
5.76

4.91
5.22
5.59

4.80
5.04
5.36

4.78
5.11
5,47

4.88
5.24
5.61

4.91
5.30
5.68

5.11
5.51
5.89

5.33
5.79
6.11

5.47
5.89
6.26

4.981
5.459

4.890
5.283

4.929
5.327

4.957
5.293

4.830
5,068

4,763
5,089

4.909
5.230

4.921
5.339

5.072
5.426

5.250
5.726

5.495
5.908

6.13
7.25

5,93
7.14

6.03
7.14

5.94
7.04

5.66
6.88

5.76 | 5.90
7.04
6.92

5.98
7.11

6.21
7.28

6.56
7.46

6,68
7.56

U.S. Government securities: 8
Bills:
Market yields :
6- month
1-year .

...

..

Rate on new issue :
3-month
6-month

....
..

Notes and bonds maturing in 9—
9 to 12 months.
3 to 5 years

Capital market rates
Government bonds:
U.S. Treasury:
Long-term 9
20-year constant maturity 10 . . .
State and local :
Moody's series: »
Aaa
Baa

Bond Buyer" series 12
Corporate bonds :
Seasoned issues (Moody's series) :13
All industries
By rating groups:
Aaa ,
Aa
A

Baa
Aaa utility bonds: 14
New issue
Recently offered issues

112



!

i

6.89

6.80

6.78

6.72

6.65

6.70

6.80

6.88

6.98

d.Ol
7.74
6.92

5.81
7.60
6.72

5.77
7.56
6.69

5.74
7.53
6.65

5.63
7.47
6.54

5.63
7.47
6.55

5.63
7.47
6.55

5.75
7,60
6.71

5.85
7.71
6.83

5.92
7.79
6.91

6.00
7.89
7,03

9.28
8.54
9.02
9.42
10.11

9.24
8.50
8.99
9,38
10.09

9.19
8.46
8.96
9.31
10.03

9.16
8.42
8.93
9.29
10.01

9.12
8.36
8.90
9.26
9.95

9.09
8.36
8.86
9.25
9.90

9.09
8.41
8.86
9.23
9.86

9.12

9.14

9.18

9.21

8.48
8.88
9.26
9.85

8.56
8.91
9.25
9.84

8.62
8.95
9.29
9.86

8.65
8.96
9.31
9.90

8.61
8,60

8.53
8.50

8.60
8.54

8.50

8,42
8.44

8.38
8.54

8.58
8.57

8.68
8.62

8.82
8.78

8.82
8.83

8.95
8.84

I

i 7.04

|

7.05

24, Interest rates in money and capital markets—Continued
B. Weekly averages—Continued
Per cent per annum
1976, week ending—
Instrument

June 5

June 12 June 19 June 26

July 3

July 10

July 17

July 24

July 31

Aug. 7 Aug. 14

Money market rates
Prime commercial paper: l
90- to 1 19-day
4- to 6-month
Finance company paper, 2 directly
placed, 3- to 6-month
Prime bankers acceptances, 90-day 8 .
Federal funds 4
Large negotiable certificates of
deposit :
3-month, secondary market 6
3-month, primary market 6
Euro-dollar deposits, 3-month 7 . . . .
U.S. Government securities:s
Bills:
Market yields:
3-month
.
...
6- month
1-year
. .
Rate on new issue:
3-month
6-month
Notes and bonds maturing in 9-—
9 to 12 months
3 to 5 years

5.88
6,00

5.88
6.00

5.90
6.00

5.78
5.90

5.70
5.80

5.72
5.81

5.53
5,65

5.48
5.65

5.38
5.50

5.38
5.50

5.38
5.50

5.78
5.92
5.54

5.88
5.82
5.44

5.88
5.74
5.47

5.75
5.69
5.48

5,50
5.69
5,58

5.63
5.66
5.37

5.53

5.50

5.48
5.27

5.47
5.30

5,50
5.34

5,50
5.34

5.28

5.50
5.34
5.36

5.93
5.75
6.58

5.93
5.75
6.35

5,82
5.75
6.19

5.84
5,63
6.16

5.73
5.50
6.04

5.75
5.63
5.95

5.58
5.38
5.76

5.47
5.38
5.75

5.43
5.30
5.76

5.36
5,30
5.70

5.45
5.33
5.79

5.53
5.90
6.27

5.44
5.75
6.11

5.38
5.74
6.07

5.34
5.71
6.06

5.36
5.75
6,08

5.34
5.61
5.90

5,15
5.44
5.72

5.23
5.54
5,84

5.17
5.45
5.74

5.16
5.46
5.72

5,17
5.42
5.65

5.578
5.952

5.459
5.768

5.380
5.695

5.356
5.722

5.368
5.754

5.412
5.768

5.190
5.430

5.226
5.536

5,194
5.497

5.151
5.473

5.181
5.422

6.66
7.52

6.55
7.42

6.50
7.38

6.44
7.32

6,46
7.36

6.35
7.30

6.13
7.18

6.17
7.26

6.12
7.21

6.11
7.12

6.04
7.06

5.25

Capital market rates
Government bonds:
U.S. Treasury:
Long-term 9
State and local: M
Moody's series:
Aaa
. ..
Baa
Bond Buyer series 12
....
Corporate bonds:
Seasoned issues (Moody's series) :la
AH industries
By rating groups:
Aaa
Aa
A
Baa

Aaa utility bonds : 14
New issue
Recently offered issues




6.98

6.92

6.91

6.91

6.90

6.86

6,83

6.86

6.85

6.80

6,75

5.90
7.79
6.89

5.85
7.74
6.86

5.83
7.73
6.85

5.81
7.72
6.87

5.81
7.72
6.87

5.75
7.66
6.78

5.70
7.64
6.78

5.67
7.62
6.77

5.62
7.58
6.73

5.54
7.52
6.65

5,50
7.47
6.60

9.20
8.63
8.94
9.32
9.90

9.17
8.63
8.90
9.26
9.91

9.15
8.61
8.88
9.24
9.87

9.14
8.60
8.87
9.23
9.87

9.15
8.63
8.87
9.21
9.89

9.12
8.57
8.85
9.18
9.89

9.08
8.53
8.83
9.15
9.83

9.06
8.55
8.78
9.12
9.77

9.04
8.55
8,76
9.10
9.77

9.01
8.51
8.71
9.06
9.74

8.96
8.48
8.67
9.02
9.68

8.83
8.80

8,71
8.76

8.69
8.70

8,70
8.73

8.72
8.67

8.58
8.57

8.53
8.55

8.66
8.68

8.72
8.67

8.60
8.60

8.49
8.49

113

24. Interest rates in money and capital markets—Continued
B. Weekly averages—Continued
Per cent per annum
1976, week ending Instrument

Aug. 21 Aug. 28

Sept. 4

Sept. 11 Sept. 18 ' Sept. 25 Oct. 2

Oct. 9

Oct. 16 Oct. 23 Oct. 30

Money market rates
Prime commercial paper: l
90- to 119-day
4- to 6-month

5.30
5.43

5.38
5.50

[

5,28 L 5.25
5.38
5.38

5.25
5.38

5,13
5.22

5,00
5.13

5.00
5.13

5,25

5.25
5.22

5,09

4.95

5.17'

5.05
5.02

4.93
4.97

4.9K
5,01
4,99

5.17
5.00
5.46

5.04
4.92

5. OB
5.00

5.58

5.28
5.20
5.66

5.35

5.49

5.05
5.27
5.43

3.06
5.30
5.48

5.04
4.86 , 4.S4
5.17 < 4.98
4.97
5.31
5.11
5.09

4.90
5,0?
5 . 19

5.35 ,
5.45

5.38
5,50

5.38
3.50

5.34
5.31
5.25

5.35
5.30
5.22

j 5.26
5.21

5.35
5.30
5.58

5.28
5,20
5.45

5.33
5.25

5.10
5.31
5.52

Finance company paper, 2 directly
placed 3- to 6-month

5.50

5.40

5.35

Prime bankers acceptances, 90-day 8 .

5.33

• 5.30

5.28

Federal funds ^

5.29

5.28

5.28

5.35
5.30

5.35
5.30

5.33
5.24

5.68

5.62

5.53

5.34
5.25
5.54

5.15
5.40
•5.64

5.11
5.35
5.59

3:8
5,56

5.11
5.31
5.53

5.143
5.390

5.138
5.380

5,091
5.351

5.087
5.333

5.099
5.309

5.028
5.236

5.072
5.325

5.087
5.265

4.905
5.024

4.799
4.911

4.929
5.093

5.95
7.04

5.92
6.98

5.88
6.91

5.83
6.88

5.79
6.84

5,72
€.80

5.74
6.80

5.62
6.61

5.44
6.35

5.39
6.39

5,45
6.56

.

Large negotiable certificates
deposit;
3-month, secondary market6 G
3-month, primary market

•

5.25
5.25
5.32

:

of
..

Euro-dollar deposits, 3-month ?
U.S. Government securities: s
Bills:
Market yields:
6-month
1-year
Rate on new issue :
3 -mo nth
6-month

l

9

Notes and bonds maturing in —
9 to 12 months .
3 to 5 years , .

Capital market rates
Government bonds:
U.S. Treasury:
Long-term 9 .
20-year constant maturity 10. . . .

6.66

6.69

6.64

6.61

6.65

6.70

5.40
7,35
6.50

5.40
7.35
6.52

5.40
7.34
6.47

5.31
7,24
6.33

5.24
7.16
6.25

5.28
7.19
6.30

5,31
7.21
6,33

8.81
8.38
8.56
8.84
9.47

8.80
#,39
8.55
8.84
9,40

8.75
8.36
8.51
8.77
9.34

8. 75

8.52
8.76
9.34

8.72
H.33
8.50
8.74
9.31

8.69
8.30
8.47
8.72
9,28

8.70
8.31
8.47
8.72
9.29

$.33
8.49
8.72
9.29

8.28
8.35

8.28
8.30

8.23
8.29

8.29
8.29

8.26
8.23

8.15
8,20

8,28
8.25

8.29
8.27

6.82

6.79

6.77

6.73

6.70

..

5.52
7.47
6.60

5.49
7.44
6.58

! 5.42
7.38
6.52

5.40
7,38
6.52

Corporate bonds:
Seasoned issues (Moody's series) :13
All industries
By rating groups:
Aaa
Aa . .
A
Baa .

8,90

8.88

8.42
8.64
8.95
9.60

8.43
8,62
8.92
9.57

8.85
€.41
8.60
8.87
9.53

8.46

8.47
8.44

8.38
8.38

State and local: n
Moody's series;
Aaa
Baa
Bond Buyer series 12

Aaa utility bonds: 14
New issue
Recently offered issues

114



.

» ..

8.71

24. Interest rates in money and capital markets—Continued
B. Weekly averages—Continued
Per cent per annum
1976, week ending—
Instrument

Nov. 6

Nov. 13

Nov. 20

Nov. 27

Dec. 4

Dec. 11

Dec. 18

Dec. 24

Dec. 31

Money market rates
Prime commercial paper: *
90- to 119-day
4- to 6-month
...

5.00
5.13

5.13
5.13

5.08
5.13

4.81
4.88

4.75
4.83

4.63
4.70

4.70
4.75

4.63
4,63

4.63
4.65

5.00
4.98
5.06

5.00
5.02

4.75
4.77

4.73
4.64

4.58
4.64

4.98

5.00
4.95
5.02

4.90

4.78

4.67

4.55
4.60
4.68

4.53
4.60
4.63

4.50
4.65
4.66

Euro-dollar deposits, 3-month '

5.08
5.00
5,35

5.10 '
5.00
5.31

5.14
5.05
5.41

4,97
4.76
5.20

4.77
4.50
5.18

4.66
4.60
4.95

4.70
4.60
4.95

4.65
4.50
5.01

4,63
4.50
5.09

U.S. Government securities: 8
Bills:
Market yields:
3-month
6-month
1-year

4.83
5.00
5.12

4.92
5.06
5.19

4.80
4.92
5.05

4.60
4.68
4.79

4.42
4.55
4.66

4.41
4.52
4.66

4.33
4.53
4,66

4.27
4.47
4.60

4.34
4.51
4,62

Rate on new issue:
3-month
6-month

4.862
5.030

4,892
5,044

4,890
5.018

4.596
4.682

4.466
4.567

4,383
4.516

4.360
4.508

4.269
4.500

4.296
4.474

5.43
6.51

5.43
6.55

5.35
6.44

5.08
6.09

4,98
5.92

4.94
5.94

4.94
5.99

4.88
5.96

Finance company paper, 2 directly
placed, 3- to 6-month
3

Prime bankers acceptances, 90-day .
Federal funds

4

Large negotiable certificates of
deposit :
5
3-month, secondary market
3-month primary market e .

Notes and bonds maturing in 9 —
9 to 12 months
3 to 5 years

1

4,88
5.98

Capital market rates
Government bonds :
U.S. Treasury:
Long-term 9
,.
...
20-year constant maturity ^
State and local:
Moody's series: "
Aaa
Baa . .
Bond Buyt'r series *^
Corporate bonds:
Seasoned issues (Moody's series) :13
All industries
.
..
. -.
By rating groups:
Aaa
Aa
A
Baa
. . .
Aaa utility bonds: u
New issut*
Recently offered issues . .




6.69

6.71

6.62

6*. 52

6.43

6.37

6.41

6.40

6.37

5.31
7.21
6.34

5.36
7.25
6.39

5.24
7.13
6.26

5.16
7.03
6.16

5.10
6.85
6.03

5.07
6.75
5.96

5.07
6.75
5.95

5.07
6.70
5.93

5.04
6.58
5.83

8.69
8.30
8.49
8.71
9.25

8.68
S.31
8.48
8.71
9.23

8.68
8.27
8.48
8.72
9.24

8.61
^8.17
8.41
8.66
9.20

8.55
8.09
8.35
8.62
9.19

8,51
8,01
8.29
8.56
9.16

8.47
8.00
8.24
8.54
9.11

8.45
7.96
8.22
8.50
9.10

8.40
7,91
8.17
8.45
9,09

8,23

8.31
8.28

8.24
8.15

8.05
8.04

7.95
7.97

7.93
7.94

7.95
7.97

7.92

7.84

115

24. Interest rates in money and capital markets—Continued

C Revised figures for Moodyss corporate bond yields, 1974 and 1975
Per cent per annum

All
industries

Week ending —

By rating groups
Aaa

Aa

A

Baa

10.76
10.81
10.82
10.81

Feb.

1
8...
15
22 . . . .

9.58
9.53
9.45
9.38

9.74
8.68
8.63
8.58

9.05
9.01
8.93
8.88

9.70
9.64
9.54
9.46

10.81
10.77
10.69
10.61

8.56
8.57
8.58
8.63
8.70

Mar.

1
g
15. .. .
22
29

9.34
9.33
9.33
9.36
9.42

8.5?
8.59
8.61
8.69
8.78

8.85
8.85
8.88
8.94
9.02

9.40
9.36
9.33
9.35
9.43

10.54
10.51
10.47
10.47
10.46

8.52
8.57
8.58
8.70

8.79
8.88
8.87
8.90

Ap,

|i:..

19....
26...

9.47
9.55
9.61
9.65

8.87
8.94
8.95
8.9?

9.07
9.15
9.21
9.24

9.48
9.57
9.67
9.74

10.44
10.53
10.60
10.65

8.57
8.57
8.55
8.57

8.79
8.78
8.82
8.86

8.94
8.97
9.02
9.10

May

8.39
8.40
8.40
8.49
8.57

8.63
8.68
8.72
8.76
8.84

8.86
8.95
9.01
9.11
9.21

9.18
9.19
9.20
9.28
9.36

3 ... .
10....
17...
24...
31... .

9.70
9.68
9.65
9.63
9.64

9.01
8.96
8.88
8.85
8.89

9.28
9.26
9.24
9.21
9.21

9.78
9.79
9.80
9.78
9.77

10.70
10.70
10,69
10.67
10.69

9.63
9.56
9.51
9.50

8.85
8.76
8.73
8.75

9.20
9.13
9.09
9.10

i:B
9.63
9.59

10.69
10.65
10.58
10.57

9.06
9.10
9.15
9.21

8.62
8.66
8.71
8.77

8.92
8.98
9.01
9.06

9.29
9.34
9.41
9.46

9.38
9.41
9.47
9.55

Julyy

9.54
9.54
9.53
9.53

8.82
8.84
8.82
8.85

9.13
9.12
9.12
9.13

9.61
9.63
9.62
9.60

10,60
10.58
10.55
10.53

9.28
9.34
9.39
9.47
9.57

8.86
8.93
8.98
9.03
9.07

9.12
9.17
9.22
9.34
9.46

9.15
9.59
9.64
9.71
9.79

9.62
9.67
9.73
9.80
9.92

Aug. 2
9...
16...
23 . . .
30

9.54
9.58 1
9.62
9.64
9.64

8.86
8.93
8.95
8.96
8.96

9.17
9.20
9.23
9.25
9.26

9.60
9.64
9.68
9.71
9.71

10.53
10. 5S
10.62
10.61
10.61

9.64
9.73
9.82
9.88

9.13
9.20
9.29
9.32

9.56
9.63
9.68
9.72

9.88
9.97
10.07
10.17

10.01
10.11
10.23
10.23

Sep,^...
20....
27 . . , .

9.64
9.65
9.68
9.68

8.93
8.94
8.98
8.94

9.31
9.34
9.36
9.38

9.72
9.73
9.74
9.76

10.60
10,59
10.63
10.64

9.92
9.96
9.94
9.90

9.37
9.38
9.29
9.19

9.72
9.71
9.66
9.59

10.26
10.31
10.36
10.29

10.37
10.43
10.47
10.52

Oct.

4
11. ..
18...
25

9.69
9.67
9.64
9.60

8.96
8.93
8.86
8.81

9.39
9.37
9.33
9.29

9.76
9.76
9.74
9.71

10.63
10.64
10.63
10.60

9.57
9.54
9.55
9.55
9.57

8.7?
8.76
8.75
8.81
8.81

9.24
9.22
9.23
9.22
9.24

9.67
9.63
9.62
9.64
9.67

10.60
10.56
10.58
10.53
10.55

9.59
9.61
9.58
9.53

8.83
8.86
8.81
8.72

9.27
9.29
9.26
9.22

9.68
9.70
9.69
9.65

10.57
10.58
10.56
10.54

8.10
8.13
8.18
8.22

8.46
8.45
8.47
8.53

1975—Jan.

Feb.

2..
9
16...
23.

8.17
8.15
8.17
8.19

7.87
7,82
7.85
7.87

8.06
8.03
8.04
8.08

8.25
8.24
8.25
8.25

8.51
8.50
8.52
8.56

Mar.

2,
9...
16...
23
30.

8.19
8.22
8.25
8.30
8.38

7.87
7.92
7.99
8.05
8.11

8.07
8.10
8.13
8.21
8.28

8.26
8.28
8.29
8.32
8.42

8.46
8.53
8.54
8.59

8.17
8.25
8.26
8.28

8.35
8.41
8.43
8.47

.

8.66
8.67
8.68
8.73

8.34
8.38
8.36
8.38

.

8.78
8.81
8.83
8.91
9.00

June

Iuly

4
11...
18...
25

1.
8
15...
22...
29

it:::- :.

20...
27....

Aug. 3
10
17...
24...
31

.

Sept. 7
14...
21
28 . . . .

June

. .

I

7
14...
21
28.

.

5.

12.:. .

19... .
26... .. .

.
.

Oct.

5 ...
12...
19
26

Nov.

2...
9
16.
23

9.09
8.99
8.89
8.84
8.84

9.52
9.44
9.36
9.28
9.24

10.19
10.09
9.99
9.88
9.80

10.59
10.59
10.59
10.60
10.62

Nov.

30.

9.85
9.78
9.71
9.65
9.62

1
8...
15
22
29

7
14
21.
28

9.62
9.60
9.62
9.67

8.90
8.87
8.85
8.90

9.22
9.21
9.19
9.20

9.75
9.77
9.80
9.85

10.58
10.55
10.63
10.71

Dec.

6....
13... .
20... . ..
27

Dec.

.

116



.

Baa

9.90
9.90
9.83
9.77

7.93
7.95
8.01
8.05

May

A

9.19
9.20
9.16
9.11

7.73
7.77
7.85
7.88

. . .

Aa

8.93
8.91
8.84
8.78

8.06
8.08
8.13
8.17

<

Aaa

9.70
9.71
9.67
9.62

5, .
12
19
26

20
27

By rating groups

4........
11...
18....
25.

1974—Jan.

AP,

All
industries

Week ending—

.

i

25. Market yields on U.S. Government securities at constant maturity
A. Annual and monthly averages, 1953-76
Per cent per annum
Year and
month

1
year

2
years

3
years

5
years

7
years

10
years

20
years

3.06 1957—July
2.64
AUR.
Sept
2.90
3 14
Oct
3.54
Nov
3 48
Dec.
4.13
4.06 1958 — Jan.
Feb
3.92
Mar.
3.99
Apr
4.05
May
4.19
June
4.27
July
4.77
Aug
5.01
Sept
5.45
Oct
6.33
Nov
6.86
Dec
6.12 1959 — jan
6 01
Feb
7.12
Mar
8.05
Apr
8.19
May
7.86
June
July
Aug
Sept
3 08
Oct
3.18
Nov
3.21
Dec
3.12
3.10 I960—Jan
3 07
Feb
2.95
Mar
2.95
Apr
2.89
May
June
2.80
July
2.72
Aug
2.61
Sept
2.60
Oct. .
2,66
Nov
2.64
Dec
2.57
2.58 1961— Jan.
2.60
Feb
2.61
Mar
2 65
Apr
2.67
May
June
2.75
July
2.83
Aug
2.84
Sept.
2.85
Oct
2.87
Nov
2.86
Dec
2.94
3.01 1962— Jan.
3.00
Feb
2.93
Mar
2.93
Apr
2 98
May
June
2.94
July
2.91
Aug
2.99
Sept
3.14
Oct
3.06
Nov
3,00
Dec
3.08
3 22 1963 Jan
3.28
Feb.
3.26
Mar
3.37
Apr
3.45
May
June
3.41
July
3.30
Aug
3,32
Sept
3.40
Oct
3.49
Nov.
3.65
Dec

1953 i. .
1954
1955
1956
1957
1958
1959
1960

2.14
1 05
2.04
2 99
3.62
2,27
4.24
3.63

2.47
1.63
2.47
3.19
3,98
2.84
4.46
3 98

2.65
1.99
2.65
3.20
3.69
3.06
4.46
4 09

2 85
2 40
2,82
3 18
3.65
3 32
4 33
4 12

1961
1962
1963
1964
1965 .
1966
1967 .
1968
1969
1970

2.98
3.10
3.36
3.85
4.14
5.20
4.88
5.69
7.12
6.90

3.54
3.47
3.67
4.03
4.22
5.23
5,03
5.68
7.02
7.29

3.75
3.70
3.83
4.07
4,25
5.10
5.11
5.69
6.93
7.38

3 88
3.95
4 00
4.19
4.28
4-92
5.07
5.65
27!i4" 6.67
7.38 7 35

. . . . . 4.88
4 96
7.31
,
8.18
,
6.76
. . . . 5.88

5.65
5 72
6.95
7.82
7.49
6.77

5.99
5.98
6,87
7.80
7.77
7.18

6.18
6 15
6.86
7.71
7.90
7.42

1971 . .
1972
1973
1974
1975
1976

36.30

6 16
6 21
6.84
7.56
7.99
7 61

1953-= Apr
May
June . . . . . . .
July. . . . . . .
Aug., . . . . .
Sept
Oct
Nov. . . . . . . .
Dec. . . . . . . .

2 36
2,48
2.45
2.38
2.28
2 20
.79
.67
.66

2 51
2.72
2.74
2.62
2,58
2 56
2.23
2.20
2.07

2 62
2.87
2,94
2.75
2.80
2 71
2.43
2.42
2.32

2.93
2.95
2 87
2.66
2.68
2.59

1954—Jan.. . . . . . .
Feb........
Mar
Apr. . . . . . . .
May...
June
July
Aug
Sept
Oct
Nov
Dec

.41
.14
.13
0.96
0.85
0.82
0.84
0.88
1.03
1.17
I 14
1.21

.89
.63
.59
.54
.56
.53
.47
.49
.60
.72
1 75
1.81

2.17
2,04
.93
.87
.92
.92
.85
.90
.96
2.02
2.09
2.16

2.48
2,47
2.37
2.29
2.37
2.38
2.30
2.36
2.38
2.43
2 48
2.51

1955-= Jan. . .
Feb
Mar
Apr
May
June
July . . ,
Sept.
Oct
Nov...
Dec

1.39
1,57
1.59
1.75
1.90
1.91
2.02
2.37
2.36
2.39
2.48
2 73

1.99
2.12
2.26
2.37
2.37
2.39
2.51
2.72
2.69
2.62
2.73
2 88

2.32
2.38
2.48
2.55
2.56
2.59
2.72
2.86
2.85
2.76
2.81
2 93

2.61
2.65
2.68
2.75
2.76
2.78
2.90
2.97
2.97
2.88
2-89
2 96

1956— Jan
Feb
Mar...
Apr
May
June
July
Aug
Sept..
Oct
Nov
Dec

2.58
2.49
2,61
2.92
2.94
2.74
2.76
3 10
3.35
3.28
3.44
3.68

2.78
2.67
2.89
3.19
3.08
2.95
3.06
3 39
3.50
3.40
3,57
3.76

2.84
2.74
2.93
3.20
3.08
2.97
3.12
3 41
3.47
3.40
3.56
3.70

2.90
2.84
2.96
3.18
3.07
3.00
3.11
3 33
3.38
3.34
j 3.49
3.59

1957=Jan
Feb. .
Mar...
Apr.
May
June . ,

3.37
3.38
3.42
3.49
3.48
3.65

3.46
3.42
3.47
3.53
3.61
3.80

3.47
3.39
3.46
3.53
3.64
3.83

3.46
3.34
3.41
3.48
3.60
3.80




2 83
3.05

i.n

Year and
month

1
year

2
3
years years

5
years

3.81
4.01
4.07
4.01
3,57
3.18

3.96
4 02
4.06
4 09
3.70
3 11

2.65
1.99
1.84
1.45
1.37
1.23
1.61
2.50
3,05
3.19
3.10
3 29

7
years

10
years

20
years

4.00
4 00
4,03
4 08
3.72
3 08

3.93
3.93
3.92
3 97
3.72
3 21

3.72
3.75
3.73
3 76
3.61
3 38

2.78
2.58
2.40
2.15
2.07
2.08
2.42
3.06
3.52
3.67
3.60
3 72

2.88
2.78
2.64
2.46
2.41
2.46
2.77
3,29
3,69
3.78
3.70
3 82

3 09
3.05
2 98
2 . 00
oo
2.92
2.97
3.20
3.54
3.76
3.80
3.74
3 g6

3.27
3.31
3 29
3,17
3.17
3.23
3.39
3,65
3.80
3.81
3.76
3.86

3.36
3 54
3.61
3.72
3.96
4 07
4.39
4.42
5.00
4 80
4.81
5.14

3 91
3 92
3.97
4.03
4.25
4 52
4.60
4.60
4,97
4 78
4.85
5,12

4 01
3 96
3.99
4.12
4.35
4 50
4.58
4.57
4.90
4 72
4.75
5.01

4.02
3 96
3.99
4.12
4.31
4 34
4.40
4.43
4.68
4 53
4.53
4.69

3.95
3 96
3.99
4.06
4.13
4.14
4.16
4.15
4,29
4 19
4.20
4.33

5.03
4 66
4.02
4.04
4.21
3.36
3.20
2.95
3.07
3.04
3.08
2.86

4.99
4 73
4.29
4.27
4.46
4.01
3.63
3.41
3.43
3.53
3.60
3 42

4.92
4 69
4.31
4.29
4.49
4.12
3.79
3.62
3.61
3.76
3.81
3 67

4.72
4 49
4.25
4.28
4.35
4.15
3.90
3.80
3.80
3.89
3.93
3.84

4.42
4 28
4.14
4.23
4.20
4.04
3.91
3.84
3.86
3.92
3.96
3.91

2.81
2.93
2.88
2 88
2.87
3.06
2.92
3.06
3.06
3.05
3.07
3.18

3.39
3 46
3.35
3 33
3.23
3.63
3.59
3.76
3.73
3.62
3.61
3.72

3.67
3 66
3.60
3 57
3.47
3.81
3.84
3.97
3.90
3.80
3.82
3,91

3.84
3.78
3.74
3 78
3,71
3.88
3.92
4.04
3.98
3.92
3.94
4.06

3.90
3.84
3.81
3.81
3.74
3.89
3.93
4.04
4.04
4,01
4.00
4.07

3,28
3.28
3.06
2.99
3 03
3.03
3.29
3.20
3.06
2.98
3.00
3.01

3.76
3.69
3.45
3.38
3 40
3.39
3.62
3,46
3.41
3 33
3.40
3.37

3 94
3.89
3.68
3.60
3 66
3,64
3.80
3.71
3.70
3 64
3.60
3.56

4.08
4.04
3.93
3.84
3 87
3.91
4,01
3.98
3.98
3.93
3.92
3.86

4.10
4.12
4.04
3.93
3 92
3.96
4.05
4.01
4.00
3.94
3,93
3.92

3 04
3.01
3.03
3,11
3.12
3.20
3.47
3.53
3.57
3.64
3.74
3,81

3 40
3.39
3.41
3.50
3.54
3.61
3.76
3.77
3.82
3.87
3.95
4.01

3 58
3.66
3.68
3.74
3.72
3.81
3.89
3.89
3.96
3.97
4.01
4.04

3 83
3.92
3.93
3.97
3.93
3.99
4.02
4.00
4.08
4.11
4,12
4.13

3 94
3.97
3.98
4.03
4.02
4.02
4.06
4.03
4.09
4.12
4.16
4.19

117

25. Market yields on U.S. Government securities at constant maturity—Continued
A. Annual and monthly averages, 1953-76—Continued
Per cent per annum
Year and
month

1
year

Year and
month

3
years

5
years

7
years

4.04
4.00
4.12
4.15
4.04
4.01
3.93
3.93
4.01
4.02
4.04
4.08 :

4,07
4.03
4.14
4.15
4.05
4.02
4.03
4.05
4.08
4,07
4,04
4.09

3.94
1965- Jan
4.03
Feb
4.06
Mar. . . .
4.04
Apr
4.03
May
3.99
June
July. . . 3.98
Aug.
. . 4.07
4.20
Sept, .
4 30
Oct
Nov.
. , . | 4,37
4.72
Dec

4.03
4.08
4.13
4.12
4.11
4.08
4.09
4.16
4.24
4 33
4.45
4.79

4.10
4.15
4.15
4.15
4.15
4.15
4.15
4.20
4.25
4 34
4.46
4.72

1966= Jan.. .
Feb.
Mar..
. .
Apr.
May . . . .
June
July
Aug
Sept
Oct.. .
Nov. . .
Dec

4.88
4.94
4.97
4.90
4.93
4.97
5.17
5.54
5.82
S.5B
5.54
5.20

4.90
5.02
4.97
4.89
4.95
5.05
5.26
5.68
5,79
5.48
5.53
5 19

4.86
4.98
4.92
4.83
4.88
4.97
5.17
5,50
5,50
5.27
5.36
5.00

1967= Jan.
. .
Feb..
. .
Mar
Apr,
May . .
June. . .
July
Aug.
. .,
Sept.
Oct.
Nov
Dec. . . ,

4.75
4.71
4 35
4.10
4.15
4.48
5.01
5.13
5.24
5.37
5 61
5,71

4.75
4.73
4 43
4.38
4.60
4.89
5.06
5.23
5.41
5 52
5 71
5.70

4.70
4.74
4 54
4.51
4,75
5.01
5.23
5.31
5.40
5.57
5 78
5*.75

1968— Jan.
Feb. . .
Mar
Apr,
May . . . .
June
....
July
Aug
Sept
Oct
Nov
Dec.

5.43
5.42
5.58
5.71
6.14
5.98
5.65
5,43
5.44
5.57
5.75
6.19

5 53
5.61
5.80
5.75
6.11
5.82
| 5.54
5.42
5.39
5.52
5.57
6 16

5 54
5.59
5.76
5.69
6.04
5.85
5.60
5.50
5.48
5.55
5.66
6.12

1969— Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec.

6.34
6.41
6.34
6,26
6.42
7.04
7.60
7.54
7.82
7.64
7.89
. . . 8.17

6.22
6.32
6.38
6.25
6.51
6.83
7.31
7.29
i 7.77
7.57
7.65
8.10

6.25
6.34
6.41
6.30
6.54
6.75
7.01
7.03
7.57
7.51
7.53
7.96

1970- Jan..
Feb
Mar
Apr
May
June

8.10
7.59
6.97
7.06
7.75
7.55

8,24
7.79
7.15
7.39
7.94
7.84

8.17
7.82
7.21
7,50
7.97
7.85

4.19 1970— July
4.17
Aug
Sept.
4.22
Oct
4.24
Nov
4.20
Dec
4.17
4.16
4.18 1971— Jan
,
Feb
4.20
Mar
4.20
Apr. .
4,17
May
4,18
June
July
4.19 4.19
;
Aug
4.21 4.21
Sept
4.21 4.20
4.20 4.20
Oct
4.21 4.21
Nov.
. j
4.21
4.21
Dec
4.21
4.20
4.25 4.25 1972—Jan. . .
Feb. .
!
4.29 i 4.30
Mar.
4.15 4,32
Apr..
4.45 4.40
May .
4.62 4.50
June .
July. .
4.61 4.52
Aug.
4.83 4.71
Sept. .
4.87 4.72
Oct..
4.75 4.65
Nov.,
4.78 4.69
Dec
4.73
4.81
5.02 4.84
5.22 4.95 1973—Jan
Feb.
. !
5.18 4.94
Mar
5.01 4.83
Apr..
5.16 4.87
May
4.84 4.76
June
July. .
4.58 4.51
4,63 4.61
Aug..
4 54 4 56
Sept
i 4.59 4.64
Oct.*'
Nov
4.85 4.90
5,02 4.99
Dec.
5,16 5.01
5.28 5.12 1974—Jan. . .
Feb.
5.30 5.16
Mar.
5.48 5.36
Apr
5 75 5 66
May'
5.59
5.70
June
5 S3 5 39
July
5,56 5,38
Aug..
Sept.
i 5.74 5.59
5 64 5 46
Oct
Nov. . . .
5,87 5.55
5.72 5.40
Dec.
5.50 5.29
5.23 1975— Jan.. .
5.42
5.46
Feb..
5.28
5.44 i
Mar..
5.58
I
Apr..
5.56
5.70
M.ay
' 6 03 5 88
June, . .
5.99
6.04
July.
6.19
Aug.. .
6.11
6.22
6.30
Sept. .
6.17
Oct..
6.03
6.32
6.11
Nov.
6 57 6.28
Dec
6.72 6.27
6.80
6.78 ' 6.69 6.22 1976—Jan. .
Feb.
7.36 i 7.16 6.55
Mar..
6.50
7.24 7.10
Apr..
7.17 7.14 6.74
7.51 7.65 6.91
May
June .
7.73 7.80 6.92
July.
7.51 7.24 6.67
Aug. . , .
7.13 7.07 6.72
Sept
Oct. .
7.45 ! 7.39 ! 6.85
Nov
7.93 7.91 7.24
Dec
7.84 7.84 7.34

1964 Jan
Feb.
Mar
Apr
May.
June
July.
Aug.
Sept
Oct..
Nov.
Dec

3 79
3.78
3 91
3.91
. . . 3.84
3.83
. . . 3.72
3.74
.
3.84
3.86
, .
3.91
4.02
.

118



2
years

10
years

4.17
4.15
4.22
4.23
4.20
4.17
4.19
4.19
4.20
4.19
4.15
4,18

20
years

3
years

S
years

7
years

10 I 20
years [ years

7.10
6.99
6.73
6.43
5.51
5.00

7.56
7.46
7.12
6.96
6.25
5.75

7.59
7.57
7.30
7.12
6.47
5.95

1M
7 . 59
7.40
7.32
6,76
6.23

7.46
7.53
7.39
7.33
6.84
6.39

4.57
3,89
3.69 i
4.31
5.04
5.64
6.04
5.80
5.41
4.91
4.67 !
4.61 j

5.60
5.07
4,50
5.22
5.97
6.32
6.74
6.35
5.89
5.56
5.35
5.27

5.89
5.56
5.00
5.65
6.28
6.53
6.85
6. 55
6.14
5.93
5.78
5.69

6.16
5.94
5.42
5.87
6.42
6.65
6.92
6.67
6.20

5.94
5.97

6.24 ! 6.18
6.11
6. IS
5.70 5.94
5.83 6.00
6.32
6.39
6.52
6.38
6.73 6.38
6 . 27
6.58
6,14 6. OS
5.92
5.93
5.81 5.8ft
5.93 j 6.00

4.28
4.27
4.67
4.96
4.64
4.93
4.96
4.98
5.52
5.52
5.27
5.52

5.14
5.25
5.56
5.88
5.55
5.64
5.78
5.79
6.06
6.05
5,94
6.01

5,59
5.69
5.B7
6.17
5.85
5.91
5.97
6.02
6.25
6. IB
6.12
6.16

5.91
5.99
6.05
6.22
6.0?
6.06
6.09
6.19
6.43
6. 35
6.18
6.20

5.95
6. OH
6.07
6.19
6.13
6.11
6.11
6.21
6.55
6.48
6.28
6.36

6.01
6.06
6 . 06
6.H»
6 . 07
6.01
6.01
S.94
6. OS
6.01
5.79
5 . 96

6.27
6.58
6.86
6.78
6.83
! 6 83
7.54
7.89
7 25
6.81
7.00
6.81

6.34
6.60
6. BO
6.67
6.80
6 69
7.34
7.63
7 05
6.77
6.92
6.80

6.36
6 . 60
6.76
6,67
6.83
6 81
7.23
7.52
7 08
6.78
6.89
6.77

6.46
6.64
6.71
6.67
6.SS
6 90
7.13
7,40
7 09
6.79
6.73
6.74

6.78
6.88
6. Ml
6.86
6 . 99
7 06
7.29
7.62
7 2S
7. IK
7 . 30
7.29

7.42
6.88
7.76
8 62
8.78
8 67
8 80
9.36
8.87
8 05
7.66
7.31

6.96
6.76
7.35
8 05
8.27
8.15
8 41
8.66
8.41
8 00
7.61
7,24

6. 95
6.82
7.31
7.92
$.18
8.10
8 38
8.63
8.37
7.97
7.68
7.31

6.88
6.92
7,34
7 11

6.99
6.96
7.21
7 51
>7.58
7.54
7 81
8,04
8.04
7 90
7.68
7.43

7.4H
7.46
7.73
8 01
H.V4
8.10
8 26
8.60
8.60
8 37
7.99
7.91

6.83
5.98
6.11
6.90
6 39
6.29
7.11
7.70
7.75
6.95
6.49
6 60

7.23
6.65
6.81
7.76
7 39
7.17
7.72
8.16
8.29
7.81
7.46
7.43

7.41
7.11
7.30
7.99
7 72
7.51
7.92
8.33
8.37
7.97
7.80
7.76

7.45 7.50
7.30 7,39
7,58 7.73
8.11 8.23
7 90 8 06
7.69 7.86
7.99 8.06
8.37 1 8.40
8.43
8.39
8.06 8.14
7.98 I 8.05
7.93 8.00

7.88
7.71
7.99
8.36
8 22
8.04
8.17
8. SO
8.57
8.35
8.28
8.23

6.99
7.06
7.13
6,84
7,27
7.32
7.12
6.86
6.66
6.24
6.09
5.68

7.46
7.45
7.49
7.25
7.59
7.61
7.49
7.31
7.13
6.75
6.52
6.10

7.67 7.74 8 411
7.72 , 7 , 7 9 ! 8,03
7.65 7.73 7.97
7.44 7.56 7,86
8=13
7.77 7.90
7.76 7.86 8.03
7,70 7.83 8 = 00
7.58 7.77
7.91
7.78
7.41 7.59
7.16
7.70
7.41
6.86
7.29 7.64
7.30
6.37 6.87

1
year

5.89
6,19
6.85
6.85
6.89
7 31
8.39
8.82
8 31
7.40
7.57
7,27

5.81
5.91
6.21
5.92
6 40
6.52
6.20
6.00
5.84
5.50
5.29
4.89

2
years

:::'::

1

7.06
6.85
6.63
6.42
5.98
5.81
5.38

5,98

131

7.90
8 IP
8.41
S.25
7 92
7.68
7,38

6 92
7.08
6 B8
6.88
6.58
6.28

25. Market yields on U.S. Government securities at constant maturity—Continued
B. Weekly averages of daily figures, 1976 1
Per cent per annum

1
year

Week ending- -

20
7
2
3
5
10
years years years years years years

Week ending —

1
year

2
years

3
5
7
10
20
years years years years years

Jan.

3
10
17
24
31

6.18
5 96
5.77
5.74
5.68

7.12
7 02
6 94
7.00
6 98

7.50 7.66
7 44 7 59
7.42 7,62
7.48 7,71
7 47 7,76

7.75
7 69
7.70
7,77
7.81

8.04
7 99
7.97
8.03
8.02

July

3
10
17
24 ...
31. ...

6.46
6 28
6.12
6.21
6.11

7.01
6 91
6.76
6.90
6.78

7.27
7 17
7.03
7.16
7.06

7.58
7 52
7.42
7.51
7.47

7.74
7 72
7.65
7.73
7.71

7.86
7 82
7,78
7.86
7.86

8.02
7 98
7.96
8.03
8 03

Feb.

7
14
21
28

5.82
5.82
5 96
6 02

7 00
7 11
7 10
7 05

7 47 7,79
7.49 7.79
7 44 7.69
7 40 7 62

7.84
7.85
7.79
7 71

8.04
8.10
8.06
7 96

Aug

7
14
21. .
28

6.10
6.02
6.00
5 93

6.73
6.65
6.60
6 58

6.96
6.86
6.83
6 81

7.45
7.34
7.26
7 22

7.66
7.62
7.56
7 51

7.83
7,82
7.75
7 71

7.99
7.93
7 89
7 86

Mar. 6
13
20
27

6 39
6 23
6 23
6 06

7.30 7.57 7,75
7 16 7 54 7 68
7 13 7.51 7.66
7 00 7 40 7 57

7.83
7 76
7.75
7 66

8.07
7.99
7.97
7 89

Sept. 4.
11 .
18 . . . .
25

5.91
5.89
5.87
5 76

6.53
6 46
6.42
6 36

6.75
6.71
6.66
6 61

7.17
7.17
7.14
7 10

7.46
7.45
7.41
7 37

7.67 7.82
7.65 7 81
7.60 7 79
7 54 7 74

Apr.

3
10
17
24

6.12
5 96
5.75
5 84

7.05
6 88
6.70
6 74

7.40
7 28
7.16
7 19

7.57 7.66 7.90
7 46 7 57 7.84
7.35 7.49 7.80
7 37 7 52 7.84

S.80
5.63
5.38
5.41
5 50

6.34
6.09
5.80
5.92
6 04

7.55
7.44
7.34
7.38
7 46

1
8
15
22
29

6 91
7 00
7 18
7 38
7 52

7.76
7 69
7.63
7 70
7 74

May

7 30
7 37
7 54
7 68
7 77

7 49
7 59
7 76
7 86
7 89

7 62
7 74
7 93
7 95
7.96

7.06
6.87
6.62
6.65
6 81

7.37
7.21
7.07
7.09
7 21

6 02
6 09
6 29
6 54
6 69

6.59
6.33
6.02
6.15
6 35

5 45
5.51
5 33
5.05

6 02 6 31
6.04 6.33
5 84 6 11
5.53 5.79

6 74
6.79
6 58
6 20

7 12
7.05
6 91
6.57

7 40
7.45
7 33
7.12

7 70
7 76
7 66
7 51

7 45
7 33
7 28
7 24

7 72
7 63
7 58
7 53

7 84
7 78
7 74
7 68

7 92 8 08
7 88 8.04
7 84 8 02
7 81 7 99

6 02
6 09
6 14
6 11
6 14

6 36
6 33
6 38
6 40
6 42

6 96
6 88
6 89
6 85
6 83

7 39
7 32
7 34
7 28
7 23

..

6 69
June 5
12
6 52
19
6 48
26 . . . . . . .6 45




7 21
7 06
7 03
7 00

7.94
8 03
8.15
8 16
8.17

Oct.

2
9 ... .
16 . .
23
30 . . . .

Nov. 6.
13
20
27
Dec. 4
11
18
24
31

..

4 92 5 39
4 93 5 39
4 91 5 40
4 86 5 35
4 87 5 37

5
5
5
5
5

65
67
69
67
71

119

26. Stock market—Selected statistics
A. Stock prices and trading
Averages of daily figures

Series

1972

1973

Common stock prices:
New York Stock Exchange (Dec.
31, 1965 = 50):
Total
Industrial . .
Transportation
Utility
Finance
,.

60 29
65.73
50.17
38 48
78.35

57 42
63.08
37.74
38 69
70.12

Standard & Poor's Corporation
(1941-43 = 10):
Total l
Industrial . . . .
Public utility a
Transportation
Financial 2 . ,

109.20
121.79
56.90
15 83
13,98

American Stock Exchange (Aug.
31, 1973 - 100):
Total
Volume of trading
(thousands of
shares) :3
New York Stock Exchange
American Stock Exchange

1974

1975

19 72

1976
Jan.

Feb.

Mar.

Apr.

May

Jure

43 84
48.08
31.89
29 79
49.67

45 73
51.88
30.73
31 45
46.62

54.45
60.44
39.57
36.97
52.94

57,19
61.33
50.56
40,02
74.24

58.45
63.36
52.80
38.56
73.74

59.96
65.18
53.71
38.56
77.15

60.65
66.10
55.50
37.48
80.36

59.82
65.30
53.43
37.04
78.32

5*) . 87
65 . 76
51.26
36.32
76.59

107.43
120.44
53.47
12 66
13.37

82 85
92 . 9 1
38.91
11 51
10.17

85 17
96.15
41.21
11 42
9.92

102.01
114.37
48.19
14.17
11.46

103.30
114.12
60.19
16.04
12.66

105.24
116.86
57.41
16.57
12.58

107.69
119.73
57.73
16.83
13.22

108.81
121.34
55.70
17.45
14,05

107.65
120.16
54.94
16.69
13.87

108.01
120.84
53,73
1^.90
13.65

129 10

103 80

79 97

83.15

101.63

103.98

130.72

134.89

135.96

125.61

139 24

16 487
4,447

16 374
3 004

13 883
1 908

18 568
2 150

21,189
2,565

18,072
5,516

18,817
6,328

18,351
5,680

18,402
5,584

15,270
4,184

14,298
3,872

!

1973

1972

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Fe!>.

Mar.

Apr.

May

Common stock prices:
New York Stock Exchange (Dec.
31, 1965 = 50):
Total
Industrial
Transportation
Utility
Finance

59.21
65.13
48.45
36 . 02
75 41

61.07
67.25
48,97
36.87
78 27

60.05
65.72
46 49
37.82
78 41

59.99
65.35
44.95
38.93
79 64

62.99
68.29
47.50
41.81
84.57

64.26
69.96
48.44
42.28
83.45

64.38
70.55
45.14
41.72
81.62

61.52
67.67
42.34
39.95
74.47

60.15
66.20
40.92
39.13
72.32

58.67
64.41
40.57
38,97
69.42

56,74
62,22
36 66
39,01
65 , 33

Standard & Poor's Corporation
(1941-43 « 10):
Total i
Industrial .
Public utility 2
Transportation
Financial a

107 21
119.98
53.47
15.17
13.54

111 01
124.35
54.66
15.46
14.16

109 39
122.33
55.36
14.87
14.46

109 56
122.39
56.66
14,28
14.72

115.05
128.29
61.16
15.18
15.61

117.50
131.08
61.73
15.53
15.18

118.42
132.55
60.01
14.68
14.81

114.16
128.50
57.52
13.85
13,55

112.42
126.05
55.94
13.70
13.52

110.27
123.56
55.34
13.69
13.02

107=22
119,95
55,43
12,40
12.33

American Stock Exchange (Aug.
31, 1973 = 100):
Total

129 30

129 48

124 12

122 10

124 88

128 92

127 29

117 95

110.24

105.32

97,11

Volume of trading (thousands of
shares) : '
New York Stock Exchange
American Stock Exchange. . . .

14 450
3,546

15 522
3,807

12 314
2,774

14 427
3,014

20 , 282
4,286

18,146
4,775

18,752
4,046

16,753
3,690

15,564
2,966

13,900
2,981

15,329
3,034

19 74

1973
June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

Common stock prices:
New York Stock Exchange (Dec.
31, 1965 = 50):
Total
Industrial
Transportation
Utility
Finance

55 14
60.52
33.72
37 95
63.52

56 12
61.53
34 22
37 68
68.95

55 33
61.09
33 48
35 40
68 26

56 71
62.25
35 82
36 79
72.23

59.27
65.29
39.03
37 47
74.98

54.59
60.15
36.31
34.73
67.85

50.39
55.12
34.69
33 47
62.44

51.39
55.77
36.85
35.28
64.80

50.01
54.02
36.26
35.27
62.81

52.15
56,80
38,39
35.22
64.47

49.21
53.95
35.87
32 , 59
58.72

Standard & Poor's Corporation
(1941-43 = 10):
Total l
Industrial
Public utility 2
Transportation
Financial 2

104.75
117 20
54.37
11.46
12 20

105.83
118 65
53.31
11.59
13 29

103.80
116 75
50.14
11.28
13 14

105 61
118 52
52.31
11 90
13 99

109.84
123.42
53.22
12.93
14 52

102 . 03
114.64
48.30
12.33
13.42

94.78
106.16
45.73
12.14
12.68

96.11
107.18
48.60
13.04
13.11

93.45
104.13
48.13
12.83
12.75

American Stock Exchange (Aug.
31, 1973 = 100):
Total.

92 60

97 67

99 23

101 88

107.97

99.91

88.39

95.32

95.11

99.10

93.57

Volume of 3trading (thousands of
shares) :
New York Stock Exchange
American Stock Exchange

12,796
2,316

14 655
2,522

14 761
1,796

17 320
2,055

18,387
3,388

19,044
3,693

19,227
3,553

16,506
2,757

13,517
2,079

14,745
2,123

12,109
1,752

120




97.44 l 92.46
108.98 103.66
44.03
47.90
12.84
13.55
11.97
12.96

26. Stock market—Selected statistics—Continued
A. Stock prices and trading—Continued
Averages of daily figures

1974

Series

1975

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

47.35
52.53
33.62
30.25
52.85

47.14
52.63
33.76
29.20
51,20

43.27
48.35
31.01
27.50
44.23

39.86
44.19
29.41
26.72
40.11

35.69
39.29
25.86
24.94
36.42

36.62
39.81
27.26
26.76
39.28

37.98
41.24
28.40
27.60
41,89

35.41
38.32
26.02
26.18
39.27

38.56
41.29
28.12
29.55
44.85

42.48
46,00
30.21
31.31
47.59

44.35
48.63
31.62
31.04
47.83

Standard & Poor's Corporation
(1941-43 == 10):
Total i
Industrial
Public utility a
....
Transportation
Financial 2
....

89.67
101.17
39.35
12.08
10.85

89.79
101.62
37.46
12.07
10.39

82.82
93.54
35.37
11.22
8.94

76.03
85.51
34.00
10.63
8.09

68.12
76.54
30.93
9.53
7.43

69.44
77.57
33.80
10.03
8.08

71.74
80.17
34.45
10.49
8.86

67.07
74.80
32.85
9.82
8.55

72.56
80.50
38,19
10,38
9.43

80.10
89.29
40.37
11.05
9.92

83.78
93,90
39.55
11,66
9.94

American Stock Exchange (Aug.
31, 1973 - 100):
Total.

84.71

82.88

77.92

74.97

65.70

66.78

63.72

59.88

68.31

76.08

79.15

Volume of 3trading (thousands of
shares) :
New York Stock Exchange
American Stock Exchange

12,512
1,725

12,268
1,561

12,459
1,610

12,732
1,416

13,998
1,808

16,396
1,880

14,341
1,832

15,007
2,359

19,661
2,117

22,311
2,545

22,680
2,665

Common stock prices:
New York Stock Exchange (Dec.
31, 1965 s. 50):
Total.
,
Industrial . . ,
Transportation
Utility
Finance

1976

1975
Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Common stock prices:
New York Stock Exchange (Dec.
31, 1965 « 50):
Total.
Industrial . .
. ...
Transportation
Utility
Finance

44.91
49.74
31.70
30.01
47.35

47.35
52.63
33.62
30.25
52.85

49.22
54.61
32.38
32.79
52.20

49.54
54.96
32.90
32.98
52.21

45.71
50.71
30.08
31.02
46.55

44.97
50.05
29.46
30.65
43.38

46,87
52.26
30.79
31.87
44.36

47.64
52.91
32.09
32.99
45.10

46.78
51.89
31,61
32.75
43.86

51,31
57.00
35.78
35.23
48.83

53.73
59.79
38.53
36.12
52.06

Standard & Poor's Corporation
(1941-43 .= 10):
Total l
Industrial
Public utility 2
Transportation
.
Financial 2.

84.72
95.27
38.19
11.77
9.95

90.10
101.05
39.69
11.80
10.64

92.40
103.68
43.65
11.68
11.01

92.49
103.84
43.67
11.84
10.84

85.71
96.21
41.04
10.97
9,75

84.62
94,96
40.53
10.94
9.10

88.57
99.29
42.59
11.46
9.31

90.07
100.86
43.77
11.82
9.64

88.74
94,89
43.25
11.69
9.50

96,86
108.45
46.99
13.11
10.35

100.64
113.43
47.22
13.82
11.06

American Stock Exchange (Aug.
31, 1973 =: 100):
Total .

82.03

86.94

90.57

93,28

85.74

84.26

83.46

85.60

82.50

91.47

100.58

Volume of 3trading (thousands of
shares) :
New York Stock Exchange . . . . . 20,334
2,302
American Stock Exchange

21,785
2,521

21,286
2,743

20,076
2,750

13,404
1,476

12,717
1,439

15,893
1,629

16,795
1,613

15,859
1,977

32 , 794
3,070

31,375
4,765

1976
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

54.01
60.30
39.17
35.43
52.61

54.28
60.72
38.66
35.69
52.71

53.87
60.22
39.71
35.40
50.99

54.23
60.70
40.41
35.16
51.82

55.68
62.11
42.12
36.49
54.06

55.06
61.09
40.63
37.56
54.22

56.29
62.35
40.36
38.77
54.52

54.43
60.07
38,37
38.33
52.74

54.17
59.45
39.28
38.85
53.25

56.34
61.54
41,77
40.61
57.45

Standard & Poor's Corporation
(1941-43 = 10):
Total i . . ,
Industrial
Public utility 2
Transportation
Financial 2

101.08
113.73
45.67
13.97
11.24

101.93
114.67
46.07
14.02
11.38

101.16
113.76
45.70
14.26
10,97

101.78
114.50
45.61
14.53
11.26

104.20
117.01
47.48
14.94
11.83

103.29
115.63
48.81
14.47
11.97

105.45
117.87
50.50
14.32
11.96

101.89
114.15
50.63
13.58
11.53

101.19
112.96
50,55
13.99
11.58

104.66
116.33
53.01
14.97
12.42

American Stock Exchange (Aug. 31,
1973 - 100):
Total .

104.04

103,00

103.65

103.57

105.24

102.79

102.92

98.99

99.20

104.06

Volume of trading (thousands of shares): 3
New York Stock Exchange
American Stock Exchange

23,069
3,479

18,770
2,368

17,796
2,127

18,965
2,177

18,977
2,280

15,758
1,605

18,892
1,902

17,397
1,700

19,370
2,211

23,621
3,095

Common stock prices:
New York Stock Exchange (Dec. 31,
1965 = 50):
Total .
Industrial
Transportation
..
....
Utility
Finance




121

26. Stock market—Selected statistics—Continued
B. Customer financing
End-of-period balances, millions of dollars

1972

Series

Regulated margin credit1 at brokers/
dealers and banks .
Brokers, total 2
Margin stock . .
Convertible bonds
Subscription issues
Banks, total
Margin stocks. ,
Convertible bonds . ,
Subscription issues

1973

1975

1974

1972

1976
Jan.

Feb.

Mar.

Apr.

May

June

7 900
254
26
865
798
50
17

6,382
5 251
5 050
189
12
1 131
1 070
' 46
15

4 836
3 980
3 840
137
3
856
815
30
11

6 , 500
5 540
5 390
147
3
960
909
36
15

9,011
8 166
7 960
204
2
845
800
30
15

6,850
5 989
5 700
252
37
861
789
56
16

7,427
6 477
6,180
256
41
950
877
56
17

7,847
6 896
6,620
240
36
951
883
53
15

8,250
7,283
7,010
240
33
967
898
57
12

8,472
7 478
7,200
241
37
994
924
58
12

8,747
7 792
7,^ If)
244
38
955
889
51
15

Unregulated nonmargin
stock credit
a t banks 3 . . . . . .
......

1,896

1,866

2,064

2,281

2,283

1,182

1,170

1,158

1,150

1,141

1,644

MEMO: Free 4credit balances at
brokers
Margin-account
Cash-account

415
1 955

455
1 705

410
1,425

475
1,525

585
1 855

450
2 040

435
2,110

440
2,070

435
2,025

405
1,925

385
1,845

9,045
8 ISO

1973

1972

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

Regulated margin credit1 at brokers/
dealers and banks
Brokers, total. . .2. . .
Margin stock .
Convertible bonds
Subscription issues
Banks, total
Margin stocks
Convertible bonds
Subscription issues

8 924
7 945
1 660
248
37
979
910
53
16

9 092
8,060
7 780
246
34
1,032
961
54
17

9 091
8,083
1 800
248
35
1,008
937
54
17

9,024
8,081
7,800
250
31
943
872
53
18

9 067
8,116
7,890
249
27
902
831
52
19

9,045
8 ,180
7 900
254
26
865
798
50
17

8,840
7,975
7,700
249
26
865
796
48
21

8,640
7,773
7,500
248
25
867
800
50
17

8,347
7,468
7,200
244
24
879
813
48
18

8,165
7,293
7,040
232
21
872
804
49
19

7,651
6,784
6,540
224
20
867
802
47
18

Unregulated nonmargin
stock credit
at banks 3

1,772

1,800

1,871

1,875

1,871

1,896

1,932

1,951

1,862

1,952

1,992

MEMO: Free 4credit balances at
brokers
Margin-account
Cash-account

405
1,840

385
1,735

380
1,675

390
1,710

390
1,830

415
1,955

415
1,885

430
1,775

440
1,720

390
1,535

415
1 , 570

19 74

1973
June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan,

Feb.

Mar.

Apr,

7,369
6 416
6,180
215
21
953
885
53
15

7,229
6,243
6,010
216
17
1,056
976
64
16

7,081
6,056
5,830
210
16
1,025
949
61
15

6,954
5,949
5,730
204
15
1,005
929
60
16

7,093
5,912
5,690
203
19
1,181
1,105
59
17

6,774
5,671
5,460
197
14
1,103
1,027
60
16

6,382
5,251
5,050
189
12
1,131
1,070
46
15

6,343
5,323
5,130
182
11
1,020
961
45
14

6,462
5,423
5,230
183
10
1,039
977
46
16

6,527
5,519
5,330
ISO
9
1 , 008
944
48
16

6,567
5,558
5 , 370
179
9
1,009
952
44
13

Unregulated nonmargin
stock credit
at banks a

1,973

1,957

1,952

1,909

1,878

1,917

1,866

1,845

1,843

1,869

1,868

MEMO: Free 4credit balances at
brokers
Margin-account. . .
Cash-account .

395
1 425

380
1,545

350
1,465

380
1,635

420
1,715

465
1,690

455
1,705

445
1,670

420
1,610

425
1,590

4115
1,440

Regulated margin credit at brokers/
dealers and banks *
Brokers, total
Margin stock <Convertible bonds
Subscription issues
Banks, total, . . . . .
Margin stocks. .

Convertible bonds
Subscription issues . ,

122




,

26. Stock market—Selected statistics—Continued
B. Customer financing—Continued
End-of-pcriod balances, millions of dollars

1974

Series

1975

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Regulated margin credit1 at brokers/
dealers and banks
Brokers, total 2
. .
Margin stock
Convertible bonds
Subscription issues
Banks, total. ,
Margin stocks
Convertible bonds
Subscription issues

6,380
5,560
5,180
172
9
1,020
963
44
13

6,297
5,260
5,080
172
8
1,037
991
34
12

5,948
4,925
4,760
158
7
1,023
978
33
12

5,625
4,672
4,510
156
6
953
912
29
12

5,097
4,173
4,020
148
5
924
881
31
12

4,996
4,080
3,930
145

4,836
3,980
3,840
137
3
556
815
30
11

4,934
4,086
3,950
134
2
848
806
29
13

5,099
4,269
4,130
136

916
872
32
12

4,994
4,103
3,960
139
4
891
851
29
11

830
783
34
13

5,244
4,320
4,180
134
6
844
800
30
14

Unregulated noitmargin
stock credit
at banks 8

1,858

2,072

2,091

2,119

2,060

2,024

2,053

2,064

1,919

1,897

1,882

MEMO : Free 4credit balances at
brokers
Margin-account
Cash-account . . ,

395
1,420

395
1,360

405
1,395

430
1,385

440
1,355

435
1,420

410
1,450

410
1,425

410
1,450

480
1,610

515
1,770

1975

1976

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

5,666 • 5,984
4,847
5,140
4,700
4,990
140
146
7
4
819
844
779
805
27
28
11
13

6,266
5,446
5,300
143
3
820
780
29
10

6,197
5,365
5,220
142
3
832
791
30
11

6,251
5,599
5,250
145
4
552
811
30
10

6,455
5,448
5,300
144
4
1,007
956
36
15

6,527
5,5/9
5,370
145
3
1,008
958
37
13

6,500
5,540
5,390
147
3
960
909
36
15

6,552
5,565
5,420
146
2
984
931
34
19

7,142
6,103
5,950
153
2
1,038
984
34
20

1,885

1,883

2,434

2,387

2,457

2,520

2,311

2,270

2,281

2,276

2,332

505
1,790

520
1,705

520
1,790

555
1,710

515
1,500

470
1,455

545
1,495

490
1,470

475
1,525

655
1,975

685
2,065

Apr.

May

Regulated margin credit1 at brokers/
dealers and banks
Brokers, total 2
Margin stock
Convertible bonds
Subscription issues
Banks, total.
Margin stocks
Convertible bonds
Subscription issues

5,407
4,503
4,360
137
5
824
781
30
13

Unregulated non
margin stock credit
at banks 3
MEMO: Free4credit balances at
brokers
Margin-account
. ..
Cash-account

June

1976
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Regulated margin credit at brokers/dealers and
banks *
Brokers, total 2
Margin stock
Convertible bonds
,
Subscription issues
Banks, total
^^argin stocks
Convertible bonds
Subscription issues
.

7,632
6,575
6,410
162
3
7,057
1,004
33
20

7, 933
6,556
6,690
163
3
1,077
1,025
33
19

8,110
7,103
6,940
161
2
1,007
957
31
19

8,128
7,248
7,080
166
2
880
836
29
16

8,394
7,519
7,340
172
3
875
832
27
16

8,498
7,620
7,450
167
5
878
834
28
16

8,786
7,707
7,530
174
3
1,079
1,030
34
15

8,771
7,704
7,530
169
6
1 ,067
1,018
34
15

8,654
7,790
7,610
178
864
814
36
14

9,011
8,166
7,960
204
2
845
800
30
45

Unregulated nonmargin stock credit at banks 3 . .

2,355

2,325

2,357

2,228

2,200

2,278

2,154

2,253

2,312

2,283

595
1,935

570
1,740

540
1,655

540
1,680

530
1,635

555
1,605

555
1,710

611
1,580

615
1,740

585
1,855

MEMO: Free credit balances at brokers
Margin-account
Cash-account




4

123

26. Stock market—Selected statistics—Continued
C. Margin-account debt at brokers
Percentage distribution, end of period

Total . . .
.
By equity class: *
Less than 40 per cent
40=49
50-59
60-69
70=79
80 per cent or more

1973

1972

Series

.

1974

19'n

1976

1975

Jan.

Feb.

Mar.

Apr.

May

June

100,0

100.0

100.0

100 . 0

100.0

100.0

100.0

100.0

100.0

100 0

100 0

15 0
20.3
32.0
17 6
8.6
6 5

34 2
20.3
17.4
14 4
7.7
5 8

45.4
23.0
13.9
8.8
4.6
4 4

25.0
28.8
22.3
11.6
6.9
5.3

12.0
22.8
35.1
15.0
8.7
6.2

9.6
8.5
32.6
27.1
13.5
8.7

9.7
8.5
35.1
25.9
12.4
8.4

9.7
10.6
38.5
22.3
11.2
7.6

10.5
12.8
40.0
19 5
10.2
7 1

10 4
15.0
38.6
19 3
9.9
6 9

13 2
22 0
33.9
15 9
9,1
6 0

1972

Total. , .
By equity class: l
Less than 40 per cent
40-49
50=59
60=69
70-79
80 per cent or more

!

1973

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

100 0

100.0

100 0

100.0

100.0

100,0

100.0

100.0

100 0

100 0

100 . 0

15.7
24 9
30 8
14.6
8 3
5 5

14 6
22 4
33 6
15.0
8 6
5 9

16 4
24 9
31 4
13.8
8 0
5 5

17.0
25 0
30.8
13.6
8 1
S.5

17.4
20 5
35.1
16.6
9 4
6.0

15.0
20.3
32.0
17.6
8.6
6.5

20.0
21.2
27.8
16.8
8.2
5.8

25.6
22.5
23.9
14.7
7.8
5.3

25.1
22 7
23 1
16,0
7 5
5 7

32 4
22 4
19.8
13,4
7 3
4.8

34. *»
21 9
18 7
12.7
7 2
4.9

19 74

1973

Total
By equity class:1
Less than 40 per cent
40-49
50=59
60-69
70=79
80 per cent or more

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

100 0

100 0

100 0

100 0

100 0

100.0

100.0

100.0

100 0

100 0

100 0

35.3
22 1
17 5
13 2
7 1
5.0

19.7
25.3
22 7
17,7
8 8
5 8

26.4
24.2
20 0
16.4
8 4
5 0

16.8
23.5
24 0
18,9
14 0
5 0

40.1
19.5
17 0
12.0
6 1
5.4

34,2
20,3
17,4
14.4
7.7
5.8

24.0
25.8
22.6
14.2
8,0
5.5

23.3
28 0
22 6
13.3
7 4
5.4

27.1
30.2
19 4
11.4
7 0
5.0

37,1
26,5
16 5
10,0
6 0
4,4

18.2
22.1 i
22 6
20.0
10 0
7.2

1975

19 74

June

July

100 0

100 0

100 0

45
23
13
8
5
4

49
21
12
7
5
4

47
22
13
8
4
4

May

Total
By equity class: l
Less than 40 per cent
40=49
50-59
60=69
70=79
80 per cent or more. .

....

. . .

3
3
7
5
1
2

1
g
6
7
0
0

9
2
3
0
8
0

Aug.

Sept.

Oct.

Nov.

Dee.

Jan.

100 0 i

100 0

100 0

100.0

100.0

58 3
18 0
10 2
6 1
4*0
3 5

36 4
27 3
16.8
9 4
5.5
4 6

42 8
24 4
14.8
8 5
5.1
4 2

45.4
23 0
13.9
8 8
4.6
4.3

56
18
11
6
4
3

3
4
2
6
0
5

Feb.

Mar,

100 0

100 0

100 9

21
28
24
13
7
5

18 4
28 5
25.0
15 0
7.0
5 9

17 0
2*» 8
27.6
11 0
K.O
6 5

0
0
6
5
3
6

1§ 76

1975

Total
By equity class:1
Less than 40 per cent
40-49
50=59
60-69
70-79
80 per cent or more

Apr.

May

June

July

100 0

100 0

100 0 1

100 0

16 0
23 5
28.7
16 0
8 7
7 1

13
21
31
16
9
7

4
o
5
7
1
0

11
20
32
18
9
7

4
4
7
3
9
4

17
30
23
13
8
6

9
4
6
9
3
0

Aug.

Sept.

Oct.

100 0

100 0

100 0

24 7
31 0
20 7
113
6 8
5 5

26
11
19
10
7
5

5
0
6
6
3
1

25
29
21
11
6
5

2
7
9
2
7
5

Nov.

Dec.

100 0

100 0

24 0
28 6
23*2
12 2
6 7
5 2

25
28
22
11
6
5

0
8
3
6
9
3

Jan.

Feb.

100 0

lOt) 0

15 5
31 0
20 6
170
9 4
7 O

H 3
22 6
29 "O
17 4
H 9
6 8

19 76

Total
By equity class: 1
Less than 40 per cent
40=49
50-59
60=69
70=79
80 per cent or more

124



Mar.

Apr,

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

100 0

100 0

100 0

100 0

100 0

100 0

100,0

100 0

100 0

10CKO

16.0
25 0
29 0
16.0
8.0
6 0

15.4
30 2
27 7
12.9
7.7
6 1

16,6
34 2
23 8
12.4
7.2
5 8

14.0
31.1
27 7
13.0
8 0
6 1

18.2
34.0
22 0
12.7
6.9
5 7

12.0
29 ,9
29 0
14.1
8.0
7 0

14.0
25 4
32 2
14.4
7.7 i
6 3

15.6
34 4
24 6 i
12.6 1
7]2
5 7

14.0 i
32 0
27 0
13.0
8 0
6 0

12,,0
22o8
35,1

15,0
8.7
6.2

26. Stock market—Selected statistics—Continued
D. Special miscellaneous-account balances at brokers
End of period

Item

Total balances (millions of dollars)
Distribution by equity status (per cent) :
Net credit status
Debit status, equity of—
60 per cent or more
Less than 60 per cent

1972

1973

1974

1975

19 72

1976
Jan.

Feb.

Mar.

Apr.

May

June

6,100

5,940

7,010

7,290

8,780

5,780

5,910

5,990

5,920

5,860

5,770

34 4

39 4

41 1

43 8

41 3

36 8

35 1

35 8

35 5

34 7

34 3

52.9
12 7

40.0
20 6

32.4
26 5

40.8
15 4

47.8
10 9

55.9
7 3

57.0
7 9

56.0
8 1

56 5
8 0

57 1
8 0

56 3
9 4

19 72

Total balances (millions of dollars)
Distribution by equity status (per cent):
Net credit status
Debit status, equity of —
60 per cent or more
Less than 60 per cent

1973

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

5,930

5,990

6,000

5,950

6,140

6,100

5,850

5,770

5,790

5,660

5,670

34 4

33 4

33 7

33 3

33 6

34 4

35 1

35 8

36 3

35 3

35 8

55.2
11 4

55.2
11 4

53.8
12 5

53.4
13 3

54.5
11 8

52.9
12 7

51.7
13 I

49.8
14 4

47.9
15 7

46.9
18 0

45.0
19 1

1973

1974

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan,

Feb.

Mar.

Apr,

Total balances (millions of dollars)
5,750
Distribution by equity status (per cent):
Net credit status
35.8
Debit status, equity of—
60 per cent or more
43.5
Less than 60 per cent
. . 20 7

5,740

5,650

5,740

5,860

5,880

5,940

6,596

6,740

6,784

6,530

35.9

35.9

37.4

38.5

37.5

39.4

38.3

39.4

40.0

39.6

46.7
17 4

45.6
18 5

53.1
9 4

46.7
14 8

42.2
20 3

40.0
20 6

42.7
18 0

43.3
24 9

41.2
18 9

42.3
19 4

1975

19 74

Total balances (millions of dollars)
Distribution by equity status (per cent):
Net credit status
Debit status, equity of —
60 per cent or more
. .
Less than 60 per cent

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

6,544

6,538

6,695

6,780

7,005

7,250

6,930

7,010

7,190

7,300

7,280

37 8

40 3

40.2

39.9

40.7

40.9

40.0

41.1

41.1

42.2

44.4

40 0
22 2

37 4
22 4

36 5
23 2

34 0
26 0

31 2
27 0

35 1
24.0

34 6
25,3

32 4
26.5

39 3
19.8

40 1
17.8

40 1
15.5
19 76

1975
Apr,

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Total balances (millions of dollars)
7,510
Distribution by equity status (per cent):
45 2
Net credit status
Debit status, equity of—
41 1
60 per cent or more
Less than 60 per cent .
. . . . 13 7

7,600

7,880

7,770

7,490

7,510

7,360

7,430

7,290

7,770

8,040

44 5

45 9

45 6

43 5

45 3

44 4

45.3

43 8

45 8

44 4

43 2
12 3

43 1
11 0

41.1
13 1

40.6
16 0

38.9
15.8

40.1
15.5

40.2
14.5

40.8
15.4

43.9
10.3

44.7
10.9

19 76

Total balances (millions of dollars)
Distribution by equity status (per cent) :
Net credit status
Debit status, equity of—
60 per cent or more
Less than 60 per cent .
....




Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

8,050

7,990

8,030

8,150

8,300

8,320

8,550

8,560

8,576

8,780

43 8

42 7

41 4

40.6

40.5

42.1

42.4

42.6

41.1

41.3

46 0
10 5

45.5
12 0

46.2
12.4

49.0
10.4

48.7
10.8

46.5
11.4

47.4
10.2

45.3
12.0

46.8
12.1

47.8
10.9

125

27. Selected assets and liabilities of savings institutions
Millions of dollars, end of period

1972
Account

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept,

Oct.

Nov.

Dee.

Savings and loan associations
Assets
208,960 211,991 215,109 217,870 221,380 224,512 227,758 231,051 233,887 237,260 240,284 243,127
175,714 177,498 180,035 182,594 185,330 188,767 191,515 194,809 197,719 200,378 203,078 206,1 K2
Mortgages
Cash and investment securities * . 22,432 23,458 23,887 23,929 24,448 23,968 24,395 24,206 23,975 24,509 24,609 24,355
10,814 11,035 11,187 11,347 11,602 11,777 11,848 12,036 12,193 12,373 12,597 12,590
Other
208,960 211,991 215,109 217,870 221,380 224,512 227,758 231,051 233,887 237,260 240,284 243,127
177,435 180,228 184,479 186,238 188,430 192,139 194,327 196,114 199,483 201,513 203,375 206,764
178,025
7,249
6,809 !1 6, 762
7,167
8,267
6 ,725
7,228
7,460
8, 023
8,439
9,782
6,482
5,896
5,825
6,064
6,120
6,730
7,205
5,976
6,281
7,027
7,223
7,960
767
913 !
1,164
1,047
1,293
937
820
749
1,179
1,240
1,216
1,822
4,834
4,816
5,041
5,970
6,094
5,248 i 5,576
5,857
6,073
6,063
6,046
6,209
5,250
4,816
5,091
5,637
5,477
5,387
4,671
4,916
6,059
6,027
6,532
5,132

Liabilities and net worth
Savings capital
Borrowed tnoncy
FHLBB
Other
Loans in process
Other
Net worth a
MEMO: Mortgage loan commitments outstanding 3.

13,995

14,448

14,048

14,484

14,975

14,372

14,817

15,345

14,900

15,390

15,892

15,240

7,606

8,786

10,024

1 1 , 024

12,006

11,868

12,086

12,080

12,111

12,160

12,206

11,515

Mutual savings banks
Assets. . . . .
90,641
Loans :
Mortgage
,
62,258
Other
3,224
Securities:
3,261
U.S. Government
State and local government.
..
433
18,417
Corporate and other 4
Cash
1,246
1,802
Other assets

91,924

93,268

94,022

95,035

96,064

97,034

97,766

98,500

98,990

99,704 100,593

62,517
3,523

62,947
3,660

63,299
3,452

63,753
3,499

64,414
3,444

64,853 65,408
3,642 ! 3,512

65,901
3,60-4

66,373
3,482

66,891
3,507

67,563
2,979

3,306
459
19,055
1,255
1,808

3,380
515
19,659
1,256
1,852

3,425
548
20,192
1,239
1,868

3,450
598
20,615
1,238
1,881

3,412
627
20,872
1,333
1,962

3,392
675
21,209
1,300
1,963

3,369
786
21,405
1,329
1,958

3,408
822
21,569
1,362
1,834

3,462
844
21,513
1,304
2,011

3,434
871
21,664
1,323
2,014

3,510
873
21,906
1,644
2,117

Liabilities
Deposits 6
Regular* ,
. ,
...
Ordinary savings
Time and other . , , . . . . .
Other
Other liabilities. .
General reserve accounts

90,641
82,327
81,938
63,911
18,027
389
1,962
6,352

91,924
83,269
82,869
64,458
18,412
399
2,229
6,427

93,268
84,809
84,376
65,444
18,932
433
1,991
6,468

94,022
85,299
84,840
65,423
19,417
458
2,231
6,492

95,035
85,976
85,509
65,786
19,723
467
2,493
6,565

96,064
87,148
86,658
66,674
19,984
490
2,252
6,664

97,034
87,838
87,311
66,574
20,737
527
2,533
6,663

97,766
88,254
87,730
66,680
21,050
524
2,778
6,734

98,500
$9,289
88,745
67,121
21,624
544
2,428
6,784

98,990
89,677
89,215
66,980
22,235
462
2,510
6,803

99,704 100,593
90,228 ,97, (57.?
89,881 91,214
67,324 68,238
22,557 22,976
399
347
2,024
2,607
6,870
6,956

MEMO: Mortgage loan com-6
mitments outstanding .

3,572

3,983

4,327

4,646

4,760

4,679

4,721

4,593

4,675

4,662

4,666

4 , 539

Life insurance companies
223,768 225,021 226,475 227,655 229,213 229,947 231,603 233,540 234,633 236,229 238,338 239,730

Assets
Securities:
Government
United States '
State and8 local
Foreign

. . , . 10,421 10,427 10,568 10,390 10,485 10,435 10,530 10,597 10,651 10,687 10,801 10,637
3,827
4,014
3,812
3,884
3,722
3,875
3,875
3,865
3,863
3,990
3,790
3,908
3,367
3,363
3,362
3,379
3,356
3,351
3,358
3,361
3,366
3,362
3,351
3,365
3,443
3,408
3,416
3,362
3,414
3,202
. . 3,190
3,245
3,360
3,361
3,227
3,235
102,415 103,812 104,937 105,975 107,204 107, 775 109,028 110,600 111,088 112,451 113,998 113,720
81,168 8 1 , 892 82,346 82,831 83,624 83,798 85,047 85,711 86,384 87,379 97,957 86,875
21,247 21,920 22,591 23,144 23,580 23,977 23,981 24,889 24,704 25,072 26,041 26,845

JSusiness

Bonds
Stocks

Mortgages
Real estate
Policy loans
Other assets

...

, .

75,493
6,932
17,130
11,377

75,427
6,965
17,186
11 , 204

75,398
7,009
17,267
11,296

75,360
7,027
17,352
11,551

75,363 ; 75,404
7,144
7,089
17,434 17,522
11,638 11,667

75,456
7,199
17,601
11,789

75,525
7,246
17,691
11,881

75,588
7,242
17,77!
12,293

75,692
7,220
17,855
12,324

75,904
7,261
17,927
12,447

76,948
7,295
18,003
13,127

Credit unions
Total assets/liabilities and capital. 21,113
Federal
10,529
10,584
State

21,477
10,728
10,749

22,004
11,014
10,990

22,227
11,122
11,105

22,654
11,349
11,305

23,126
11,634
11,492

23,096
11,593
11,503

23,349 23,733
11,725 , 11,935
11,624 11,798

24,027
12,075
11,952

24,388 24,789
12,269 12,514
12,119 j 12,275

16, 037
8,004
8,033

16,121
8,052
8,069

16,355
8,197
8,158

16,571
8,306
8,265

16,927
8,509
8,418

17,379
8,762
8,617

17,500
8,801
8,699

17,917
9,014
8,903

18,265
9,187
9,078

18,471 18,662
9,303 ! 9,424
9,168
9,238

Savings
18,612
Federal (shares)
9,313
State (shares and deposits) . . . 9,299

18,894
9,460
9,434

19,333
9,692
9,641

19,529
9,793
9,736

19,823
9,951
9,872

20,220
10,201
10,019

20,281
10,247
10,034

20,350 \ 20,696
10,287 10,468
10,063 10,228

L>oan$ outstanding

Federal
State

126




18,103
9,10?
8,996

20,967 i 21, 262
10,602 10,757
10,365 10,505

21,626
10,956
10,670

27. Selected assets and liabilities of savings institutions—Continued
Millions of dollars, end of period
1973

Account
Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Savings and loan associations
Assets
o
Mortgages. . . .
Cash and investment securities i.
Other

246,744 250,126 253,751 257,108 260,807 263,401 265,831 267,105 267,826 269,690 271,315 271,905
207,895 209,987 212,941 215,886 219,086 222,338 224,994 227,473 228,856 229,847 230,729 231,733
23,327 24,087 23,886 23,811 23,940 23,233 22,644 21,019 20,045 20,641 21,246 21,055
15,522 16,052 16,924 17,411 17,781 17,830 18,193 18,613 18,925 19,202 19,340 19,117

Liabilities and net worth,
Savings capital
Borrowed money
FHLBB..,..
Other
Loans in process
Other

246,774 250,126 253,751 257,108 260,807 263,401 265,831 267,105 267,826 269,690 271,315 271,905
210,005 211,882 215,534 216,355 218,209 221,442 221,214 220,044 221,864 222,799 224,054 226,968
9,910 11,293 11,719 12,734 14,268 15,682 16,309 16,495 16,378 17,172
9,363
9,113
7,932
8,412
9,401 10,130 11,072 12,255 13,342 14,116 14,597 14,666 14,951
7,818
1,712
2,221
1,431
1,892
2,193
1,498
1,662
2,013
1,589
1,898
1,295
2,340
5,527
6,528
6,444
5,002
4,667
6,077
6,706
6,056
6,060
6,308
6,750
6,680
6,275
6,905
8,074
6,042
6,975
7,778
6,854
7,871
6,100
6,275
7,150
8,599

Net worth 2 . . „

15,466

15,829

15,724

16,027

16,394

16,200

16,519

16,861

16,743

16,998

17,282

17,056

MEMO: Mortgage loan commitments outstanding 3. 12,404

13,471

14,438

14,937

15,066

14,702

13,707

12,245

10,795

9,904

9,712

9,526

Mutual savings banks
101,632 102,577 103,518 103,994 104,899 105,677 105,761 105,789 105,771 105,557 105,991 106,651
Assets .
. .
Loans :
68,021 68,352 68,920 69,426 69,988 70,637 71,219 71,713 72,034 72,367 72,760 73,231
Mortgage. .
3,871
4,424
3,986
4,200
4,181
3,819
3,959
3,970
4,099
3,831
4,030
3,624
Other
,
Securities :
3,007
2,957
2,948
3,037
2,945
3,376
3,190
3,346
3,388
3,419
3,458
3,489
U.S. Government . ,
926
925
957
939
1,076
1,093
999
1,125
1,080
986
1,028
935
State and local government, . .
22,190 22,389 22,509 22,598 22,615 22,562 22,683 22,277 21,799 21,276 21,150 21,383
Corporate and other *
1,968
1,519
1,501
1,582
1,555
1,551
1,775
1,576
1,491
1,629
1,331
Cash
,
1,319
2,314
2,264
2,285
2,202
2,227
2,345
2,116
2,273
2,089
2,070
2,055
2,058
Other assets . . ,
101,632 102,577 103,518 103,994 104,899 105,677 105,761 105,789 105,771 105,557 105,991 106,651
92,398 92,949 94 , 095 94,217 94,744 95,706 95,355 94,882 95,183 94,944 95,259 96,496
91,980 92,531 93,633 93,729 94,254 95,164 94,779 94,274 94,556 94,407 94,846 96,056
67,827 68,084 68,738 68,165 68,435 68,867 67,631 65 , 545 65,487 64,550 64,495 65,221
24,153 24,447 24,895 25,564 25,819 26,297 27,149 28,729 29,069 29,856 30,352 30,835
537
440
413
609
627
576
542
490
488
461
418
418
2,566
3,134
3,139
3,201
3,044
3,496
2,904
2,650
2,589
2,540
2,221
2,285
7,589
7,530
7,453
7,474
7,362
6,411
7,321
7,251
7,189
7,088
7,014
7,139

Liabilities
Deposits
Regular * "
Ordinary savings
Time and other
Other . . . .
Other liabilities
General reserve accounts
MEMO: Mortgage loan com-6
mitments outstanding .

4,712

4,803

4,882

4,912

4,824

4,683

4,535

4,174

3,959

3,695

3,515

3,261

Life insurance companies
240,877 241,639 242,476 242,290 243,411 244,495 247,264 247,890 250,453 250,925 251,178 252,436

Assets
Securities :
Government
United States 7
State and local
Business .
Bonds
Stocks

.

,
,

Mortgages.
Real estate
Policy loans
Other assets

.

... JO ,679 10,593 JO, 640 10,595 10,541 10,500 JO, 579 10,533 10,498 10,537 10,610 10,519
3,444
3,502
3,550
3,466
3,542
3,572
3,609
3,663
3,824
3,737
3,735
3,807
3,412
3,404
3,397
3,396
3,390
3,387
3,344
3,374
3,332
3,347
3,363
• • 3,379
3,663
3,656
3,638
3,636
3,601
3,554
3,583
3,484
3,534
3,511
3,495
3,493
115,146 115,766 116,322 115,893 116,641 116,987 119,039 118,884 120,273 120,804 119,064 118,599
. . . . 88,814 89,715 90,301 90,466 91,132 91,452 92,289 92,599 92,752 93,024 93,229 92,680
26,332 26,051 26,021 25,427 25,509 25,535 26,750 26,285 27,521 27,780 25,835 25,919
77,105 77,108 77,166 77,278 77,446 77,982 78,335 78,781 79,187 79,677 80,371 81,369
7,693
7,771
7,713
7,639
7,592
7,551
7,532
7,443
7,526
7,455
7,516
7,380
18,080 18,163 18,284 18,425 18,556 18,713 18,895 19,252 19,597 19,870 20,039 20,199
. . 12,487 12,566 12,609 12,583 12,695 12,787 12,865 12,848 13,259 13,324 13,323 14,057
Credit unions

Total assets/liabilities and capital. 24,753
12,486
Federal
12,267
State
,

25,129
12,700
12,429

25,746
13,061
12,685

260,50
13,209
12,841

26,590
13,514
13,076

27,125
13,842
13,283

26,946
13,713
13,233

27,220
13,882
13,338

27,574
14,074
13,500

27,729
14,152
13,577

28,096
14,362
13,734

28,375
14,569
13,806

Loans outstanding
Federal
State

18,610
9,384
9,226

18,742
9,469
9,273

19,061
9,654
9,407

19,341
9,789
9,552

19,778
10,030
9,748

20,280
10,312
9,968

20,547
10,417
10,130

21 , 048
10,678
10,370

21,303
10,807
10,496

21,473
10,883
10,590

21,668
11,009
10,659

21 , 759
11,109
10,650

21,894
Savings
,
Federal (shares)
11,097
State (shares and deposits) . . . 10,797

22,203
11,272
10,931

22,769
11,587
11,182

23,025
11,745
11,280

23,440
11,979
11,461

23,958
12,283
11,675

23,766
12,201
11,565

23,697
12,153
11,544

23,993
12,313
11,680

23,975
12,269
11,706

24,231
12,411
11,820

24,512
12,598
11,914




127

27. Selected assets and liabilities of savings institutions—Continued
Millions of dollars, end of period

1974
Account

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Savings and loan associations
274,400 277,180 280,422 282,944 286,345 287,968 290,057 291,096 291,488 293,268 295,197 295,545
Assets
232,608 234,053 236,137 238,645 241,262 243,399 245,134 246,710 247,620 248,185 248,707 249,301
Mortgages
Cash and investment securities ]. 22,405 23,355 24,000 23,554 23,717 23,017 23,068 22,096 21,181 22,143 23,268 23,251
19,387 19, 112 20,285 20,745 21,366 21,552 21,855 22,290 22,687 22,940 23,222 22,993
Other
274,400 277,180 280,422 282,944 286,345 287,968 290,057 291,096 291,488 293,268 295,197 295,545
229,151 230,982 235,160 234,943 235,456 238,149 237,668 236,512 237,922 238,350 239,580 242,974
16,732 16,497 16,715 18,144 19,336 20,324 21,682 22,862 24,104 24,508 24,510 24',780
14,994 14,749 14,828 15,841 16,604 17,461 18,363 19,413 20,492 21,108 21,212 21,508
2,303
2,732
1,738
1,748
1,887
2,863
3,449
3,319
3,612
3,400
3,272
3,298
4,374
4,806
4,300
4,490
5,049
4,607
5,051
4,886
4,253
3,840
3,244
3,479
6,622
6,862
7,341
7,002
8,731
8,480
7,715
7,829
6,609
8,119
8,945
6,105

Liabilities and net worth
Savings capital
Sorrowed money
FHLBB
Other
Loans in process
Other
Net worth 2
MEMO: Mortgage loan commitments outstanding 8 .

17,281

17,572

17,435

17,710

18,022

17,837

18,106

18,384

18,207

18,451

18,683

18,442

9,781

10,731

12,006

12,918

12,480

11,732

10,844

9,851

9,126

8,127

7,723

7,454

Mutual savings banks
Assets
107,083 107,877 108,876 108,722 108,295 108,654 108,660 108,383 108,420 108,313 108,809 109,550
Loans :
73,440 73,647 73,957 74,181 74,011 74,281 74,541 74,724 74,790 74,835 74,913 74,891
Mortgage
.. .
4,087
3,812
4,226
4,584
4,274
4,031
3,981
4,161
4,425
Other
4,825
4,311
4,388
Securities:
2,925
2,852
2,574
U S. Government
2,555
2,553
2,846
2,851
2,604
2,525
2,750
2,650
2,758
930
936
884
877
942
934
879
870
951
893
876
State and local government.
..
880
21,623 21,923 22,302 22,366 22,241 22,324 22,383 22,292 22,218 22 , 190 22,201 22,550
Corporate and other 4 .
2,167
1,334
1,303
1,686
1,402
1,303
1,406
1,634
1,651
Cash
1,601
1,656
1,618
2,312
2,645
2,355
2,573
2,633
2,316
2,373
2,488
2,519
2,608
2,347
2,487
Other assets
...
Liabilities
Deposits

107,083 107,877 108,876 108,722 108,295 108,654 108, €60 108,383 108,42© 108,313 108,809 109,550
96,792 97,276 98,557 98,035 97,391 98,190 97,713 97,067 97,425 97,252 97,5^2 98,701
96,313 96,834 98,073 97,506 96,872 97,641 97,120 96,474 96,793 96,719 97,168 98,221
64,741 64,926 65,732 65,076 64,484 64,826 64,245 63,579 63,591 63,437 63,669 64,286
31,572 31,907 32,342 32,430 32,388 32,815 32,876 32,895 33,202 33,282 33,499 33,935
414
533
632
480
442
483
549
593
529
519
593
479
3,173
3,144
2,888
3,291
2,595
3,475
3,158
2,943
3,089
2,919
2,688
2,665
7,904
7,961
7,936
7,724
7,776
7,841
7,744
7,731
7,803
7,906
7,626
7,681

.. .

Ordinary savings
Time and other
Other
Other liabilities
General reserve accounts
MEMO: Mortgage loan com-6
mitments outstanding .

3,196

3,153

3,168

3,193

3,151

3,031

2,968

2,839

2,668

2,301

2,182

2,040

Life insurance companies
Assets
Securities:
Government
..
United States 7
State and8 local
foreign
Bonds,
Stocks
Mortgages
Policy loans
Other assets

253,858 255,057 256,220 256,385 257,304 258,034 258,712 258,508 258,116 261,183 262,253 263,349
.
,

10,568 10,595 10t824 10,701 10,721 10, 701 10,774 10,814 10,773 10,801 i 0,820 10,900
3,372
3,341
3,411
3,343
3,596
3,349
3,390
3,394
3,416
3,364
3,327
3,430
3,620
3 , 667
3,626
3,485
3,577
3,603
3,502
3,540
3,549
3,600
3,618
3,436
3,828
3,851
3,861
3,821
3,840
3,743
3,775
3,750
3,756
3,810
3,702
3,699
120,375 121,036 121,306 121,022 121,092 120,848 120,603 119,294 117,873 120,228 720 297 219,637
94,646 95,284 95,538 95,674 96,266 96,387 96,865 97,051 97,151 97,818 98,250 91,117
25,729 25,752 25,768 25,348 24,826 24,461 23,738 22,243 20,722 22,410 22,047 21,920
81,666
7,726
20,353
13,170

81,918
7,742
20,483
13,283

82,180
7,759
20,643
13,508

82,470
7,800
20,819
13,573

82,734
7,860
12,056
13,841

83,225 83,657
7,957
7,904
21,305 21,563
14,051 | 14,158

84,082
8,037
21,867
14,414

84,427
8,100
22,175
14,768

85,016
8,140
22,473
14,525

85,481
8,207
22,676
14,772

86,234
8,331
22,862
15,385

Credit unions
Total assets/liabilities and capital. 28,187
14,452
Federal
State. . .
...
. . . 13,735

28,581
14,667
13,914

29,256
15,049
14,207

29,474
15,192
14,282

30,063
15,527
14,536

30,578
15,865
14,713

30,385
15,739
14,646

30,535
15,847
14,688

30,968
16,113
14,855

31,130
16,198
14,932

31,556
C6.419
15,137

31,948
16,715
15,233

21,563
10,988
10,575

27,546
10,993
10,553

21,673
11,084
10,589

21,868
11,180
10,688

22,236
11,394
10,842

22,744
11,694
11,050

23,109
11,865
11,244

23,736
12,213
11,523

24,118
12,449
11,669

24,238
12,534
11,704

24,305
.12,607
11,698

24,432
12,730
11,702

Savings
.. .
24,630
12,622
Federal (shares)
State (shares and deposits) . . . 12,008

24,940
12,790
12,150

25,569
13,138
12,431

25,742
13,264
12,478

26,177
13,521
12,656

26, 661 26,474
13,829 13,736
12,832 1 12,738

26,418
13,703
12,715

26,696
13,867
12,829

26,839
13,955
12,884

27,191 27, 5 lit
14,140 14,370
13,051 1 13,148

Lo&ns outstanding
Federal
State

128




27. Selected assets and liabilities of savings institutions—Continued
Millions of dollars, end of period

1975
Account

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Savings and loan associations
Assets
298,378 301,475 304,926 308,606 314,033 317,948 322,760 326,451 329,028 333,263 336,874 338,233
^^ortgages
249,718 250,823 252,433 254,711 257,886 261,300 264,411 267,658 270,529 273,513 275,827 278,590
Cash and investment securities 1. 25,385 26,995 28,293 29,032 30,629 30,858 32,026 31,663 30,751 31,613 32,455 30,853
Other
.
23,275 23,657 24 , 200 24,863 25,518 25,790 26,323 27,130 27,748 28,137 28,592 28,790
298,378 301,475 304,926 308,606 314,033 317,948 322,760 326,451 329,028 333,263 336,874 338,233
246,218 249,492 255,938 258,775 262,642 268,807 271,828 273,290 276,962 279,211 281,442 285,743
23,328 21,865 20,338 29,805 29,271 28,826 18,717 19,166 19,989 20,243 20,344 20,634
20,447 19,207 17,935 17,287 16,883 16,565 16,438 16,713 17,193 17,283 17,304 17,524
2,388
2,960
2,403
2,518
2,261
2,279
2,453
3,040
3,110
2,658
2,796
2,881
4,734
4,954
4,078
5,157
3,587
4,414
5,128
3,039
5,083
3,260
5,109
• . 3,052
8,912
7,555
6,907
8,213
9,543
6,949
8,262
7,577
8,986 10,057
7,194
6,734

Liabilities 0nd net worth
Savings capital
FHLBB
Other
Loans in process
Other
Net worth

2

MEMO: Mortgage loan commitments outstanding 3 .

18,586

18,817

18,656

18,884

19,130

18,994

19,268

19,498

19,417

19,666

19,922

19,779

7,887

8,787

10,049

11,651

12,555

12,361

12,609

12,671

12,583

11,746

11,363

10,673

Mutual savings banks
Assets
, . 110,130 111,376 113,045 113,821 115,252 116,751 117,709 118,254 118,643 119,089 120,073 121,056
Loans :
7,721
Mortgage
. . 74,957 75,057 75,127 75,259 75,440 75,763 76,097 76,310 76,429 76,655 76,855
4,396
4,405
4,550
4,023
4,487
4,481
4,736
4,407
4,492
4,658
4,593
Other
4,287
Securities:
4,601
4,740
4,279
4,368
3,965
4,187
2,677
3,616
2,975
3,419
3,744
2,571
U S Governtnent
1,551
1,545
1,495
1,523
1,436
1,451
1,017
1,137
1,095
1,240
State and local government.
..
1,121
967
Corporate and other 4
22,979 23,402 24,339 24,994 25,579 26,470 26,976 27,104 27,033 27,106 27,421 27,992
1,872
2,330
1,805
1,835
1,730
1,856
1,841
2,077
1,783
2,088
Cash
1,706
2,101
3,152
3,223
3,205
3,136
2,780
3,004
3,067
2,672
2,954
2,709
2,811
Other assets
2,663
110,130 111,376 113,045 113,821 115,252 116,751 117,709 118,254 118,643 119,089 120,073 121,056
99,211 100,149 202,285 702,902 204,056 205,993 106,533 106,745 107,560 207,822 208,480 109,873
98,693 99,602 101,654 102,280 103,422 105,293 105,802 105,999 106,784 107,132 107,897 109,291
64,242 64,778 66,238 66,462 67,276 68,518 68,508 68,436 68,738 68,664 69,092 69 , 653
34,451 34,824 35,416 35,818 36,146 36,775 37,294 37,563 38,046 38,468 38,805 39 , 639
583
582
680
731
746
547
622
634
776
700
519
631
3,215
2,755
2,950
2,712
2,970
3,255
3,080
2,778
2,849
2,594
2,948
3,191
8,378
8,428
8,304
8,328
8,164
8,254
8,016
8,116
8,049
8,208
8,071
7,971

Liabilities .
Deposits fi
Regular:
Ordinary savings
Time and other
Other
Other liabilities
General reserve accounts
MEMO: Mortgage loan com-6
mitments outstanding .

1,971

1,810

1,994

2,098

2,211

2,243

2,212

2,222

2,138

1,987

1,896

1,803

Life insurance companies
266,331 269,379 271,639 273,783 276,111 278,649 279,550 280,700 282,065 285,015 287,122 289,304

Assets
Securities :
Government
United States 7
State and8 local
Foreign
JBusiness

Bonds
Stocks

Mortgages
Real estate
Policy loans
Other assets

„

i
, .

12,037 21,228 12,254 111,382 11,506 22,633 12,894 12,140 12,253 12,858 13,243 13,758
4,736
4,613
4,342
3,821
3,819
3,788
3,712
3,585
3,580
3,648
3,493
3,436
4,508
4,260
3,934
4,193
4,165
4,106
3,783
3,696
3,728
3,753
3,685
3,670
4,514
4,370
4,172
4,323
4,267
4,215
4,074
4,105
3,950
4,138
3,973
3,931
. . . . 722,607 224,740 226 , 044 227,244 128,813 230,732 131,130 132,473 232,037 133,865 134,961 135,327
. . 99,367 100,047 100,481 100,632 101,352 102,084 103,586 104,434 105,440 106,250 107,040 107,256
. . 23,240 24,693 25,563 26,612 27,461 28 , 648 27,544 27,039 26,597 27,615 27,921 28,061
86,533
. . . . 8,395
. . 23,012
. . 14,747

86,959
8,499
23,177
14,876

87,246
8,668
23,326
15,101

87,610
8,778
23,474
15,295

87,833
8,859
23 , 594
15,506

87,967
8,978
23,708
15,631

88,060
9,048
23 , 892
15,589

88,208
9,104
23,963
15,812

88,331
9,197
24,099
16,148

88,481
9,342
24,242
16,227

88,657
9,450
24,343
16,468

89,167
9,621
24,467
16,974

Credit unions
Total assets/liabilities and capital. 32,002
16,690
Federal
15,312
State

32,611
17,027
15,584

33,517
17,528
15,989

34,091
17,905
16,186

34,959
18,365
16,594

35,806
18,884
16,922

35,728
18,848
16,880

35,999
19,018
16,981

36,635
19,404
17,231

36,952
19,546
17,406

37,456
19,814
17,642

38,037
20,209
17,828

Loans outstanding
Federal
State

24,275
12,622
11,653

24,404
12,706
11,698

24,556
12,814
11,742

24,782
12,925
11,857

25,096
13,091
12,005

25,665
13,429
12,236

26,043
13,612
12,431

26,643
13,951
12,692

27,149
14,265
12,884

27,398
14,392
13,006

27,667
14,548
13,113

28,169
14,869
13,300

Savings
..„
27,910
14,537
Federal (shares)
State (shares and deposits) . . . 13,373

28,416
14,805
13,611

29,305
15,287
14,018

29,737
15,571
14,166

30,434
16,010
14,424

31 , 099
16,361
14,738

31 , 234
16,415
14,719

31,253
16,520
14,733

31 , 778
16,849
14,929

32,078
17,027
15,051

32,485
17,236
15,249

33,013
17,530
15,483




129

27. Selected assets and liabilities of savings institutions—Continued
Millions of dollars, end of period

1976
Account

Jan.

Feb,

Mar.

Apr.

June

May

1
| July
,

Aug.

I

Sept.

Oct.

Nov.

Dec,

Savings and loan associations
343,894 348,700 353,573 357,658 362,861 366,425 371,770 376, 188 379,747 385,013 389,173 391,999
Assets
279,984 282,407 286,297 290,461 294,492 299,296 303,527 307,766 311,847 315,742 319,273 323,130
Mortgages. . .
Cash and investment securities * 34,209 36,058 36,653 36,371 36,938 35,258 35,968! 35,815 35,209 36,442 36,605 35,660
29,701 30,235 30,623 30,826 31,431 31,871 32,275 32,607 32,691 32,829 33,295 33,209
Other
Liabilities and net worth
Savings capital
Borrowed money
FHLBB
Other
Loans in process
Other

343,894 348,700 353,573 357,658 362,861 366,425 371,770 376,188 379,747 385,013 389,173 391 , 999
291,092 295,019 302,061 304,847 307,883 312,904 316,072 318,227 323,800 327,252 329,833 336,030
19,556 18,672 18,146 17,685 17,595 18,173 18,360 18,856 19,083 J8,810 18,715 19,087
16,797 16,064 15,461 15,031 14,898 15,016 15,139 15,495 15,832 15,636 15,571 15,708
2,697
3,251
....
2,685
2,654
3,157
3,221
3,174
3,144
2,608
3,361
3,379
2,759
6,089
5,317
5,722
6,397
6,572
6,687
6,735
5,073
6,628
6,836
6,753
4,991
9,756 1 1 , 197
8,304
9,770
7,825
8,916 10,592
8,176
8,779 10,531 11,918
8,015

Net worth 2 . .

19,951

20,166

20,224

20,488

20,702

20,775

21,010

21 ,280

21,398

21,685

21 ,954

22,031

MEMO: Mortgage loan commitments outstanding 3. ...

11,108

12,867

14,425

15,487

16,590

16,610

16,301

15,773

15,449

15,319

15,467

14,828

Mutual savings banks
122,325 123,821 125,526 126,470 127,470 128,436 129,826 130,571 131,413 132,455 133,361 134,812
Assets
Loans :
Mortgage
77,308 77,413 77,738 78,046 78,286 78,803 79,398 79,781 80,145 80,543 80,884 81,630
5,027
5,341
5,243
5,103
5,210
5,183
Other
5,366
5,137
5,478
5,549
5,801
4,839
Securities :
5,211
5,660
5,733
5,851
5,840
U.S. Government
5,452
5,533
5,635
5,640
5,796
5,836
4,918
1,765
2,417
1,867
2,149
2,337
2,376
2,359
2,429
2,466
State and local government. . .
1,518
2,318
2,399
Corporate and other 4
28,473 29,035 30,043 30,707 31,179 31,493 32,028 32,319 32,432 32,793 33,074 33,793
1,853
1,552
2,355
Cash
1,740
1,647
1,538
1,695
1,668
1,961
1,539
1,581
1,558
3,632
3,301
3,321
3,385
3,593
Other assets . .
3,361
3,470
3,505
3,567
3,649
3,245
3,576
Liabilities
J&eaosits

Regular : 5 . .
Ordinary savings
Time and other
Other.
,
Other liabilities
General reserve accounts
MEMO: Mortgage loan commitments outstanding «

122,325 123,821 125,526 126,470 127,470 128,426 129,826 130,571 131,413 132,455 133,361 134,812
110,979 112,019 114,090 114,752 115,521 116,876 117,883 118,225 119,590 120,360 120,971 122,877
110,328 111,345 113,374 113,960 114,761 115,985 116,895 117,203 118,510 119,346 120,125 121,961
69,904 70,571 71,860 71,801 72,156 72,763 73,233 72,872 73,484 73,610 73,857 74,535
40,424 40,774 41,514 42,159 42,605 43,223 43,662 44,331 45,027 45,736 46,268 47,426
652
916
792
988
1,080
1,014
846
673
760
1,022
716
890
2,884
3,106
3,161
3,140
3,376
2,892
3,275
3,296
3,490
2,859
2,841
2,898
9,052
8,612
8,955
9,015
8,455
8,527
8,654
8,577
8,781
8,925
8,719
8,855
1,859

1,867

2,130

2,290

2,426

2,402

2,433

2,459

2,671

2,548

2,553

2,439

Life insurance companies
Assets
Securities:
Government,
United States f
State and local
Foreign 8
Business , . ,
Bonds
Stocks, , . .
Mortgages. . .
Real estate. .
Policy loans
Other assets. . . .

294,072 296,041 298,640 300,327 302,171 305,225 307,600 309,872 312,873 314,845 317,499 321,552
14,304 15,054 15,661 15,933 16,118 16,205 17,042 17,391 17,450 18,019 18,390 17,942
5,992
5,368
5,507
5,132
5,821
5,175
5,183
5,080
5,072
5,419
4,956
5,320
5,594
5,347
5,533
5,463
5,014
5,095
5,144
4,699
4,811
5,406
5,196
5,250
6,980
6,537
6,865
6,625
6,735
6,053
6,472
5,663
4,525
5,111
5,575
5,791
139,972 140,823 142,255 143,155 144,403 146,961 148,425 150,062 152,088 153,291 154,382 157,246
109,381 110,063 110,760 111,731 113,051 114,500 116,119 117,804 118,918 120,610 121,763 122,984
30,591 30,760 31,495 31,424 31,352 32,461 32,306 32,258 33,170 32,681 32,619 34,262
89,222
9,667
24 , 545
16,362

89,287
9,742
24,648
16,487

89,427
9,798
24,763
16,736

89,498
9,849
24,882
17,010

89,540
9,892
24,983
17,235

89,706
9,979
25,136
17,238

89,743
10,023
25,252
17,115

89,875
10,109
25,373
17,062

90,202
10,130
25,494
17,509

90,293
10,231
25,594
17,417

90,794
10,244
25,695
17,994

91,5.12
10,476
25,834
18,502

Credit unions
Total assets/liabilities and capital
Federal
State

37,979
20,146
17,833

38,669
20,562
18,107

39,876
21,298
18,578

40,221
21,450
18,771

41,025
21,930
19,095

41,884
22,520
19,364

41,729
22,385
19,344

42,266
22,698
19,568

43,079
23,198
19,881

43,415
23,283
20,132

44,089
23,668
20,421

44,835
24,164
20,671

Loans outstanding
Federal
State

28,053
14,761
13,292

28,310
14,898
13,412

28,931
15,267
13,664

29,454
15,487
13,967

30,115
15,855
14,260

31 ,089
16,421
14,668

31,555\
16,6141
14, 941 •

32,300
17,065
15,235

33,093
17,458
15,635

33,275
17,522
15,753

33 , 732
17,786
15,946

34,293
18,202
16,091

Savings
Federal (shares)
State (shares and deposits). . .

33,344
17,695
15,649

33,890
18,013
15,877

34,955
18,658
16,297

35, 301
18,851
16,450

35,894
19,211
16,683

36,675
19,696
16,979

36,615
19,663
16,952

36,752
19,783
16,969

37,436
20,167
17,269

37,854
20,358
17,496

38,281
20,597
17,684

38,969
20,980
17,988

130



28, Federal fiscal and financing operations
Millions of dollars
Fiscal year
Type of account or operation

U.S. budget:
Receipts 2 .
Outlays !,
Surplus or deficit ( — ) .
Trust funds 3
Federal funds

.

1972

.

.

1973

MEMO:
Treasury operating balance (level, end of period) . . . .
Federal Reserve Banks.
Tax and loan accounts 6
Other demand accounts

1975

1976

Calendar year

1972
HI

H2

115,469
120,564
-5,096
5,524
-10,620

106,062
118,775
-12,714
8,460
-21,174

232,225
247,622
-15,397
10,742
-26,139

264,932
270,848
-5,975
13,922
-19,838

280,997
327,609
-46,612
7,160
-53,772

300,005
367,322
-67,317
2,378
-69,695

81,773
95,019
-13,246
-288
-12,958

-60

-102
-1,346

-6,389
-1,652

-5,915
-1,355

-1,347
803

-23,517

-15,457

-7,364

-54,653

-74,587

-13,790

-5,096

-12,714

19,442

19,275

3,009

50,853

82,813

17,977

-2,119

17,386

2,470

-846
-3,521

2,519
599

-321
4,236

-9,104
-1,357

-2,899
-373

-1,308
8,519

563
~5,23S

10,117
2,344
7,634
139

12,576
4,038
8,433
106

9,159
2,919
6,152
88

7,591
5,773
1,475
343

14,836
11,975
2,854
7

17,418
13,299
4,119

57,440
11,396
45,362
681

51,047
10,074
39,421
1,554

208,649
232,166
-23,517
5,890
-29,407

Off-budget entities — Surplus, or deficit ( — ):
Federal Financing Bank outlays
Other 1,4 .
U.S. budget plus off-budget, including Federal
Financing Bank:
Surplus or deficit ( — )
Financed by —
Borrowing from the public 2
Cash and monetary assets (decrease, or increasi* (•— ))
Other s

1974

Transition
quarter—
(JulySept. 1976)

Calendar year

1973
HI

U.S. budget:
Receipts
Outlays i, 2
Surplus, or deficit ( — ).
Trust funds 3
Federal funds

..
.

.

...

....

Off-budget entities— Surplus, or deficit (— ):
Federal Financing Bank outlays
Other i 4

1975

1974
H2

HI

1976

H2

HI

H2

HI

H2

126,164
128,042
-1,877
6,86$
-8,745

124,256
130,970
-6,714
8,587
-15,301

140,676
138,650
2,026
5,335
-5,249

139,607
153,815
-14,207
4,849
-19,056

141,430
172,274
-30,843
2,559
-33,402

139,455
185,374
-45,919
-10,285
-35,634

160,552
181,584
-21,034
6,244
5,432

157,961
193 ,720
-35,75$
-1,547
-34,211

-60

-164

-102
-1,182

-3,065
2,051

-3,325
-3,704

-2,693
-236

-3,222
-1,119

-5,176
3,587

-1,937

U.S. budget plus off-budget, including Federal
Financing Bank:
Surplus, or deficit (•— )
.
Financed by —
Borrowing from the public 2
Cash and monetary assets (decrease, or increase ( — ))
. . .
Other 5

-6,878

742

-15,221

-37,872

-48,848

-25,575

-37,347

1,889

6,015

-3,006

14,750

36,116

49,392

33,562

35,399

-1,411
1,715

2,466
-1,658

7
2,257

-1,306
-592

-2,990
4,828

-2,045
1,257

-7,059
-2,613

2,155
=485

MEMO:
Treasury operating balance (level, end of period) . . . .
Federal Reserve Banks
Tax and loan accounts 6
Other demand accounts

71,060
19,146
50,257
1,657

39,275
11,667
27,209
398

53,649
15,100
38,076
472

31,820
15,734
15,673
412

7,591
5,773
1,475
343

8,452
7,286
1,159
7

14,836
11,975
2,854
7

11,670
10,393
1,277




131

28. Federal fiscal and financing operations—Continued
Millions of dollars
Calendar year—

1972

Type of account or operation

Jan.
US. budget:
Receipts,1 ,2. . , , . . . ,
Outlays ,
.
Surplus, or deficit ( — )
Trust funds 3
Federal funds

Feb.

Mar.

17,605
19,610
-2,005
-1,081
-924

15,241
18,747
-3,506
1,172
-4,678

15,224
20,441
-5,2/7
-532
-4,685

-2,005

-3,506

141

-11

-856
2,721
11,112
2,860
8,118
134

Apr.

May

24,533
18,656
5,877
925
4,952

17,272
19,803
-2,531
2,986
-5,517

-5,2/7

5,877

3,797

-2,058

4,201
-685

-675
2,095

7,094
884
6,075
134

7,685
1,293
6,391
2

June

July

Aug.

25,593
23,307
2,286
2,054
232

15,210
18,514
-3,304
5,238
-8,542

18,102
20,729
-2,627
2,530
-5,157

-2.531

2,286

-3,304

-2, £27

-620

-3,368

3,730

934

-5,461
1,640

3,470
-320

-1,987
3,068

2,861
-3,288

3,801
-2,109

11,732
1,871
9,724
136

9,700
2,144
7,420
136

10,117
2,344
7,634
139

8,988
2,298
6,547
144

4,976
1,730
3,025
222

Off-budget entities— Surplus, or deficit (— ):
Federal Financing Bank outlays
Other i,*
U.S. budget plus off-budget, including Federal
Financing Bank :
Surplus, or deficit ( — )
Financed byBorrowing from the public 2
Cash and monetary assets (decrease, or increase ( — ))
Other s
,
.
MEMO:
Treasury operating balance (level, end of period)
Federal Reserve Banks
Tax and loan accounts
Other demand accounts *>

Calendar year—

1973

1972
Sept.
U.S. budget:
Receipts
Outlays 1,2
Surplus or deficit ( — )
Trust funds 3
Federal funds

22,394
18,519
3,875
-746
4,621

Oct.
14,633
20,090
-5,457
3,659
-9,116

Nov.

16,746
21,306
-4,560
-191
-4,369

Dee.

18,976
19,617
-641
-2,030
1,389

Jan.

Mar.

Apr.

18,172
20,302
-2,130
2,019
-4,149

15,878
20,882
-5,004
-448
-4,556

25,870
22,365
3,505
-760
4,265

2

-2

-2,541

.-2,128

-5,006

3,505

3,005

-2,160

21,132
23,673
-2,541
-522
-2,019

Off-budget entities—Surplus, or deficit (— ):
Federal Financing Bank outlays
Other 1,4
U.S. budget plus off-budget, including Federal
Financing Bank:
Surplus or deficit ( — )
Financed byBorrowing from the public 2
Cash and monetary assets (decrease, or increase (—-))
Other 5
MEMO:
Treasury operating balance (level, end of period). . . .
Federal Reserve Banks
Tax and loan accounts
Other demand accounts **

132



3,875

-5,457

-4,560

-641

Feb.

376

2,851

5,292

4,203

1,519

3,863

-4,707
456

1,816
791

-383
-350

-2,825
-736

-411
1,432

-274
-1,46)

-1,089
3,089

-2,435
1,090

9,759
1,395
8,105
259

7,973
1,613
6,051
309

8,278
1,182
6,786
310

11,073
1,856
8,907
310

11,376
2,749
8,317
310

11,784
2,073
9,401
310

12,936
2,882
9,744
309

14,156
4.162
9,683
311

!

28. Federal fiscal and financing operations—Continued
Millions of dollars
Calendar yearTypo of account or operation

1973
May

U.S. budget:
Receipts
Outlays i, 2
Surplus, or deficit (—).
Trust funds
Federal funds 3
Off-budget entities—Surplus, or deficit (—):
Federal Financing Bank outlays
Other » , 4 . . .
U.S. budget plus off-budget, including Federal
Financing Bank:
Surplus, or deficit (—)
Financed by—
Borrowing from the public 2
Cash and monetary assets (decrease, or increasi;(-))
Other s
MEMO:
Treasury operating balance (level, end of period). . .
Federal Reserve Banks
Tax and loan accounts 6
Other demand accounts

June

July

Sept.

Aug.

Oct.

Nov.

Dec.

16,576
20,118
-3,542
3,973
-7,515

28,537
20,702
7,835
2,606
5,229

18,210
22,813
-4,603
4,745
-9,348

21,365
22,284
-919
3,612
-4,531

-246

186

1,135

-63

-3,788

7,970

-3,468

-982

5,595

-5,75.7

-2,416

-1,969

-2,369

-717

-556

567

1,397

2,198

3,126

6,334
-576

-3,536
-1,860

5,921
-1,738

3,805
-2,265

-5,598
1,382

2,432
1,921

1,000

-782

-5,094
-176

8,232
3,242
4,679
311

12,576
4,038
8,433
106

7,178
2,867
4,203
108

3,072
847
2,217

8,279
1,626
6,582
71

5,691
1,839
3,781
71

4,681
1,945
2,666
70

10,374
2,543
7,760
70

July

Aug.

Sept.

24,843
20,844
3,999
-124
4,123

-404

17,642
23,128
-5,486
-2,723
-2,763
-265

20,206
22,152
-1,946
923
-2,869

-470

21,990
19,749
2,241
2,154
87

-97

2,144

Calendar year
1974

U.S. budget:
Receipts
Outlays i,2
Surplus, or deficit ( — ) .
Trust funds
Federal funds 3
Off-budget entities—Surplus, or deficit ( — ) :
Federal Financing Bank outlays
Other 1,4..

Jan.

Feb.

Mar.

Apr.

May

June

23,475
23,779
-304
-2,244
1,940

20,224
21,177
-953
2,575
-3,528

16,819
23,054
-6,235
-517
-5,718

29,659
22,240
7,419
-1,032
8,451

19,240
24,092
-4,852
3,745
-8,597

31,259
24,308
6,951
2,808
4,143

-94

-376

-163

-75

-2
-173

-100
-301

-731
100

-398

20,943
23,618
24,328
24,681
-3,385 -1,063
9,266
-2,373
-1,012 -10,329

28,237
25,796
2,441
-622
3,063

-629
1,590

-542
100
1,999

U.S. budget plus off-budget, including Federal
Financing Bank:
Surplus, or deficit (—)
Financed by=
Borrowing from the public 2
,
Cash and monetary assets (decrease, or increase (-))
Other 5.

-3,329

-6,398

7,344

-5,027

6,550

-4,016

-102

-770

-160

4,307

-2,503

9

-3,889

1,654

2,282

560

-4,766
1,826

7,046
-1,450

-889
2,981

-4,470
-372

5,869
-850

-2,783
122

3,089
-517

-1,015
-1,530

-6,060
1,328

MEMO:
Treasury operating balance (level, end of period)...
Federal Reserve Banks „
Tax and loan accounts 6
Other demand accounts

10,542
2,844
7,628
69

7,665
2,017
5,579
69

8,355
1,372
6,915
69

11,480
2,814
8,576
89

6,448
3,134
3,226
88

9,159
2,919
6,152
88

6,455
3,823
2,543
88

5,443
3,304
2,049
91

8,687




3,211

5,384
92

133

28. Federal fiscal and financing operations—Continued
Millions of dollars
Calendar year—

1974

Type of account or operation

U.S. budget:
Receipts
..
Outlays i 2
Surplus, or deficit ( — )
Trust funds
Federal funds 3

....

Off-budget entities— Surplus, or deficit (— ):
Federal Financing Bank outlays
Other 1,4
U.S. budget plus off-budget, including Federal
Financing Bank:
Surplus Of deficit ( — )
.
...
Financed byBorrowing from the public 2 , . . . .
...
Cash and monetary assets (decrease, or increase (™)) >
Other 5
MEMO:
Treasury operating balance (level, end of period) . . . .
Federal Reserve Banks
Tax and loan accounts
Other demand accounts *>

1975

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

19,601
26,576
-5,975
-3,881
-3,094

22,265
25,020
-2,755
618
-3,373

24,944
27,414
-2,470
1,841
-4,311

24,992
29,254
-4,262
-3,212
-1,050

19,973
25,884
-5,911
591
-6,502

20,040
28,463
-8,423
-1,486
-6,937

-532
-94

-551
-318

-39
673

-713
-1,781

-635
-269

-758
-567

-7,607

-3 ,624

-1,836

-6,756

-6,815

707

4,485

5,062

3,697

4,531

6,783
111

-940
79

-3,163

-291
3,350

2,241
789
1,381
71

3,066
1,494
1,571

5,928
3,113
2,745
70

5,876
3,541
2,115
220

-

Apr.

s

May

31,392
13,010
29,151
28,884
2,241 ^15,874
2,684
-1,896
4,137 -18,558

June

31 ,987,
30,638
1,344
5,878
-4,534

-563
-289

-570
-268

-=126
-530

-9,748

2,389

-16,712

688

11,252

7,499

8,556

581

2,424
-140

-1,933
429

-9,480
592

6,553
1,603

263
-1,006

3,515
2,885
410
220

6,633
4,271
2,142
220

14,299
8,364
5,415
521

8,545
7,040
984
521

7,591
5,773
1,475
343

Calendar year—

1976

1975
' I

U.S. budget:
Receipts
,.
Outlays * 2
Surplus, or deficit ( — )
Trust funds
Federal funds 3

.

. . .

Off-budget entities— Surplus, or deficit (— ):
Federal Financing Bank outlays
Other 1,4

134



Dec.

Jan.

Feb.

Mar.

21,867
29,637
-7,770
-1,081
-6,689

25,997
32,092
-6,095
1,601
-7,696

25,632
30,767
-5,735
-3,183
- 1 ,952

20,845
29,773
-8,928
1,183
10,111

20,431
29,338
-8,907
-2,360
-6,547

-544
-385

-632
-272

-169
-383

-1,283
«230

-821
-218

-1,206
58

-1,094

-14,173

-8,674

-6,647

-6,648

8,461

11,733

6,020

8,204

7,801

S.955

7,413

893
-1,406

-7,402
34

-1,687
4,054

3,451
-829

-2,058
363

-=1,523
340

-121
1,153

3,229
-682

3,423
2,349
1,214
-141

17,414
13,296
4,118
529

10,327
8,517
1,251
559

6,485
4,919
1,558
9

8,452
7,286
1,159
7

11,982
10,077
1,899
7

12,039
10,350
1,682
7

8,016
7 , 145
864

Aug.

20,056
31,132
-11,076
-4,191
-6,885

23,604
30,749
-7,145
995
-8,140

-527
14

-636
1,111

-184
-322

-6,670
7,183

U.S. budget plus off-budget, including Federal
Financing Bank:
Surplus or deficit ( — )
-11,589
Financed by- =
Borrowing from the public 2
..
7,791
Cash and monetary assets (decrease, or in4,758
crease (-"))
Other 5 . . , .
-960
MEMO:
Treasury operating balance (level, end of period). . . .
Federal Reserve Banks .
Tax and loan accounts
Other demand accounts 6
,

Nov.

Sept.

July

4,098
2,776
878
444

Oct.

19,316
28,615
32,561
29,203
-588 -13,245
-2,552 -5,057
1,964 -8,188

-9,967 -10,055

28. Federal fiscal and financing operations—Continued
Millions of dollars
Calendar year—

1976

Type of account or operation

Apr.
U.S. budget:
Receipts
.
..
Outlays * 2
Surplus, of deficit ( — )
Trust funds 3
Federal funds

May

June

Dec.

31,753
21,018
31,189
34,000
564 -12,981
-2,204 -4,446
2,768 -8,535

25,698
33,083
-7,385
328
-7,713

29,472
31,891
-2,419
1,737
-4,156

3,273
-702

-305
-301

48
-1,598

975 -10,410

-7,991

-3,969

300
-1,414

-279
-827

7,047 -12,406

-3,317

5,957

8,733

3,279

4,386

6,738

6,306

-7,464
-3,431

5,013
1,384

-1,957
-3,459

-5,953
1,702

4,271
1,754

4,308
-3,055

-3,527
1,189

14,836
11,975
2,854
7

10,054
8,741
1,314

11,702
10,794
907

17,418
13,299
4,119

12,038
10,239
1,799

8,657
6,766
1,891

11,670
10,393
1,277

Off-budget entities— Surplus, or deficit (— ):
Federal 4Financing Bank outlays
Other i

-3
-228

-240
-188

U.S. budget plus off-budget, including Federal
Financing Bank:
Surplus, Of deficit ( — )
Financed by—
Borrowing from the public 2
Cash and monetary assets (decrease, or increise (— ))
Other s

479

-6, 159

1,388

4,127

3,847

-4,061
1,201

2,881
-890

MEMO:
Treasury operating balance (level, end of period) . . . .
Federal Reserve Banks
..
. .
Tax and loan accounts
Other demand accounts 6 .
...
...

11,537
9,808
1,723
7

8,159
6,746
1,407
7




Oct.

Nov.

Sept.

27,360
29,605
-2,245
-5,531
3,286

22,679
28,412
-5,733
4,137
-9,870

. . . . .

Aug.

22,660
37,615
30,656
33,952
6,959 -11,292
-5,704
8,569
12,663 -19,861

33,348
32,638
710
-317
1,027

..

July

-504
503

550
-334

135

29. U.S. Budget receipts and outlays
Millions of dollars
Fiscal year
Source or type

1972

|

1973

1974

1975

1976

Transition
quarter
(JulySept.
1976) J

Calendar year

1972
Jan.

i
i

Feb.

Receipts
All sources
fttdividuttl income tctxcs n&t
Withheld
.
. . .
Presidential Election Campaign Fund
Norvwithheld
Refunds ...
.
.
..
Corporation income taxes :
Gross receipts . . . . .
Refunds
Social insurance taxes and contributions, net
Payroll employment taxes and contributions
Self-employment tuxes and contributions *
Unemployment insurance
Other net receipts 2
.
.
Excise taxes
Customs
.
Estate and gift
Miscellaneous receipts

.

.

.

l

..

3

208,649

232,225

264,932

280,997

300,005

81,773

17,605

15,241

94,737
83,200

103,246
98,093

118,952
112,092

122,386
122,071

1 3 1,603
123,441

38 , SOI
32,950

10,950
6,633

6,841
7,576

25,679
14,143

27,019
21,866

23,952

3'6,8'ii

34,328
34,013

35,528
27,367

6,809
958

4,318

6H2
1,416

34,926
2,760
53,914
44,088
2,032
4,357
3,437

39,045
2,893
64,542
52,506
2,371
6,051
3,614

41,744
3,125
76,780
62,884
3,008
6,837
4,051

45,747
5,125
86,442
71,788
3,416
6,771
4,466

46,783
5,374
92J14
76,391
3,518
8,054
4,752

9J09
1,348
25 , 759
21,534
269
2,698
1,258

1,228
158
3,616
3,044
124
153
295

878
212
5,741
4 3 774
147
545
276

15,477
3,287
5,436
3,633

16,260
3,188
4,917
3,921

16,844
3,334
5,035
5,369

16,551
3,676
4,611
6,711

16,963
4,074 '
5,216
8,028

4,473
1,212
1,455
1,613

743
259
621
345

819
224
596
353

Outlays
All types 4

232,021

247,074

269,620

326,105

366,466

94,746

19,610

18,747

National defense 4
International affairs
.
General science space and technology
Natural resources environment, and energy
Agriculture

77,356
3,868
4,174
5,521
5,279

75,072
3,504
4,030
5,947
4,855

78,569
4,821
3,977
6,571
2,230

86,585
5,862
3,989
9,537
1,660

89,996
5,067
4,370
11,282
2,502

22,518
1,997
1,161
3,324
584

6,178
476
259
264
699

6,328
289
276
237
298

Commerce and transportation
Community and regional development
Education, training, employment, and social services.
Health
Income security
.

10,601
4,325
11,694
17,471
63,911

9,930
5,529
11,874
18,832
72,958

13,096
4,911
11,598
22,074
84,431

16,010
4,431
15,248
27,647
108,605

17,248
5,300
18,167 !
33,448
127,406

4,700
1,530
5,013
8,720
32,796

813
434
808
1,357
5,450

619
254
907
1,433
5,505

Veterans benefits and services
Law enforcement and justice
General government
..
.
Revenue6sharing and general purpose fiscal assistance.
Interest
Undistributed offsetting receipts r> > °, . .
...

10,730
1,650
2,466
531
20,582
-8,137

12,013
2,131
2,682
7,222
22,813
-12,318

13,386
2,462
3,327
6,746
28,072
-16,651

16,597
2,942
3,089
7,005
30,974
-14,075

18,432
3,320 j
2,927
7,119
34,589
-14,704

3,962
859
878
2,024
7,246
-2,567

1,023

864

391

402

1,737
-278

1,715
-384

..

..

136



29. U.S. Budget receipts and outlays—Continued
Millions of dollars
Calendar year
Source or type

1972
Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Receipts
All sources
Individual income taxes, net
Withheld .
Presidential Election Campaign Fund.
Non with held
Refunds
Corporation income taxes :
Gross receipts
Refunds .
Socialinsurance taxes and contributions,
net
Payroll employment
taxes and
contributions l
Self-em ployment taxes
and
contributions 1
Unemployment insurance
.
Other net receipts 2
Excise taxes
Customs
Estate and gift
Miscellaneous receipts

3

15,224

24,533

17,272

25,593

15,210

18,102

22,394

14,633

16,746

3,906
7,784

11,965
6,599

6,639
8,224

10,969
7,935

7,358
7,055

8,373
8,168

11,012
7,313

7,590
7,181

8,697
8,509

1,323
5,200

8,650
3,284

1,413
2,997

3,704
670

548
245

362
157

3,794
95

469
61

257
69

4,995
273

5,145
250

967
234

8,452
185

1,258
187

855
190

5,289
324

1,287
323

853
294

4,350

5,654

7,443

4,122

4,278

6,850

4,037

3,758

4,969

3,787

3,876

5,281

3,682

3,728

5,367

3,529

3,224

4,044

167
71
325

1,153
343
282

223
1,636
303

64
92
285

260
290

1,175
308

145
62
300

15
209
311

1,130
264
602
250

1,091
215
372
343

1,371
235
461
390

1,363
252
388
233

1,442
237
334
491

1,351
278
423
163

1,327
237
316
500

1,387
281
409
244

1,452
284
487
298

637*
288

Outlays
All types 4

20,441

18,657

19,803

23,307

18,514

20,729

18,519

20,090

21,306

National defense 4
International affairs
General science, space, and technology . .
Natural resources, environment, and
energy
Agriculture .
.
.. ..

7,160
472
310

6,738
324
238

6,927
294
270

9,256
418
292

5,049
325
289

6,016
340
289

5,369
269
273

6,305
292
271

6,527
422
272

265
16

255
-196

265
126

520
120

-821
2,397

534
1,127

320
102

-16
806

354
329

Commerce and transportation
Community and regional development. , .
Education, training, employment, and
social services
Health
Income security. .
..

878
342

793
9

713
490

1,351
505

827
529

1,323
658

1,173
408

1,056
244

981
384

932
1,842
5,269

728
1,468
5,468

1,033
832
6,082

1,429
2,159
6,544

764
933
5,281

906
1,526
5,253

852
1,636
5,335

800
1,431
6,258

851
1,848
6,003

1,045

929

973

911

884

858

834

896

1,279

402

419

386

498

613

573

325

462

481

i.soi

1,792
-308

1,784
-371

1,705
-2,402

1,696
-251

1,726
-409

1,900
-276

1,562
-277

1,926
-352

Veterans benefits and services
Law enforcement and justice
General government
Revenue sharing and general purpose
fiscal tissistance
Interest 6
Undistributed offsetting receipts s- 6




-293

137

29. U.S. Budget receipts and outlays—Continued
Millions of dollars
Calendar year
1972

Source or type

Dec.

1973
Jan.

Feb.

Mar.

I

Apr.

May

June

July

Aug.

;

Receipts
All sources
Individual income taxes, net . . .
Withheld
Presidential Election Campaign Fund.
Nonwithheld
Refunds
,.
Corporation income taxes:
Gross receipts
Refunds
.
Social insurance taxes and contributions,
net
Payroll employment
taxes and
contributions 1
Self-employment taxes and
contributions *
.....
Unemployment insurance ,
Other net receipts 2
,
Excise taxes
Customs. . .
Estate and gift,
Miscellaneous receipts

a

18,976

21,130

18,172

15,878

25,870

16,576

28,536

18,210

21,365

8,122
7,830

12,897
8,254

8,170
8,506

3,307
8,645

11,584
8,646

3t825
8,814

12,306
9,169

S,$ll
8,484

9,277
9,083

353
61

4,671
27

768
1,104

1,494
6,833

9,124
6,185

1,444
6,433

3,733
597

681
354

451
257

5,772
140

1,539
158

865
193

5,208
342

5,915
258

1,219
296

8,983
188

1,552
202

904
209

2,975

4,486

7,030

5,338

6,361

9,380

5,081

5,336

8,779

2,601

3,833

5,900

4,771

4,298

6,662

4,548

4,608

7,087

5
93
277

139
174
339

167
684
279

186
63
318

1,316
445
303

253
2,156
308

145
95
293

382
345

1,357
335

1,286
234
364
364

1,437
289
396
241

1,186
255
568
291

1,244
278
489
356

1,318
262
330
358

1,446
280
466
255

1,386
273
335
359

1,538
276
398
502

1*434
303
494
382

Outlays
All types 4

19,617

23,673

20,302

20,882

22,365

20,118

20,957

22,813

22,284

National defense
International affairs 4
General science, space, and technology . .
Natural resources, environment, and
energy
Agriculture

6,063
189
284

6,665
89
272

6,237
330
241

6,965
422
301

6,332
368
265

6,482
259
255

8,012
373
301

4,899
404
278

6,670
451
262

-40
-146

-1,053
994

230
431

310
-77

325
368

299
-155

118
-126

-942
2,011

573
440

Commerce and transportation
Community and regional development. . .
Education, training, employment, and
social services
Health
Income security

828
414

1,548
483

558
368

1,072
270

792
243

668
-149

1,670
309

2,104
911

1,090
779

960
1,395
6,314

808
1,627
6,503

905
1,515
6,427

786
1.505
6,074

788
1,704
6,379

1,066
1,569
6,573

1,336
1,705
6,550

777
1,835
6,064

954
1,597
6,379

Veterans benefits and services
Law enforcement and justice
General government
Revenue sharing and general purpose
fiscal assistance
Interest 6
Undistributed offsetting receipts 5- 6

138



.

989

1,157

1,046

1,064

1,114

1,017

866

1,100

1,053

415

586

350

424

397

443

451

544

502

2,617
1,810
-2,474

2,514
1,778
-297

9
2,053
-397

2,097
-331

1,493
2,121
-324

3
2,165
-377

2,003
-2,614

1,495
2,184
-850

-3
2,209
-672

29. U.S. Budget receipts and outlays—Continued
Millions of dollars
Calendar year

1973

Source or type
Sept.

Oct.

1974
Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

Receipts
All sources . .

24,843

17,642

20,206

21,990

23,475

20,224

16,819

29,659

19,240

Individual income taxes net
Withheld
Presidential Election Campaign Fund.
Nonwithheld
Refunds

11 , 709
7,942

9,235
8,756

9,993
9,798

9,148
8,901

14,326
9,296

5,599
9,503

3,221
9,666

14,764
9,959

5,639
10,086

3,903
135

550
71

261
66

362
115

5,075
45

945
1,851

2,186
8,631

11,118
6,313

1,204
5,651

5,477
230

1,515
462

939
287

6,201
105

1,722
160

1,066
248

5,887
338

5,893
430

1,318
218

Corporation income taxes:
Gross receipts.
Refunds . .
Social insurance taxes and contributions,
net
,
Payroll employment
taxes and
contributions l
Self-employment taxes and
contributions *
Unemployment insurance ....
Other net icceipts a
Excise taxes.
Customs
Estate and gift
Miscellaneous receipts 3 . . .

5,408

4,713

6,725

4,150

5,233

8,401

5,721

6,896

10,036

4,812

4,120

5,578

3,761

4,439

7,079

5,059

4,390

7,195

177
103
316

24
217
352

825
320

90
299

170
245
379

214
761
345

228
96
338

1,603
552
351

311
2,190
340

1,436
238
373
432

1,459
291
454
437

1,563
301
462
512

1,536
224
333
503

1,263
304
455
333

1,315
239
423
429

1,211
277
465
376

1,275
286
371
605

1,391
295
437
342

21,171

23,054

22,240

24,092

6,697
-43
359

7,297
769
360

Outlays
All types 4

20,844

23,128

22,152

19,749

23,779

National defense 4
International affairs
General science, space, and technology. .
Natural resources, environment, and
energy
Agriculture

6,192
379
245

6,620
305
249

6,882
349
246

6,074
287
221

6,685
466
251

6,521
362
792

6,694
488
302

422
-36

417
503

425
782

-130
-228

-544
756

3,072
-967

816
82

602
-284

534
»427

Commerce and transportation.
Community and regional development. , .
Education, training, employment, and
social services
Health
Income security

957
712

1,261
461

911
36

1,064
316

875
331

-520
1,087

583
355

1,609
-486

946
307

661
1,920
6,179

956
803
7,250

805
1,739
6,651

619
2,046
6,487

984
1,829
7,263

2,080
1,995
6,595

1,304
1,823
7,376

917
1,804
8,187

828
2,274
7,850

970

1,058

1,194

1,143

1,204

681

486

420

498

623

1,146
1,430
-1,390

1,203
192
289

1,091
203
336

1,180
184
300

16
2,395
-851

1,495
2,135
-850

29
2,401
-718

2,169
-816

1,532
2,353
-928

208
2,430
-3,671

-3
2,499
-948

1,762
2,480
-2,995

2
2,515
-826

Veterans benefits and services
Law enforcement and justice
General government
Revenue sharing and general purpose
fiscal assistance
Interest *
Undistributed offsetting receipts *. •




139

29. U.S. Budget receipts and outlays—Continued
Millions of dollars
Calendar year

1974

Source or type
June

July

Aug.

Sept.

|

Oct.

Nov.

|

1975

Dec.

Jan.

\

Feb.

Receipts
All sources

31,259

20,943

23,618

28,237

19,601

22,265

24,944

24,992

19,973

Individual income t&xcs, net
Withheld
Presidential Election Campaign Fund.
Nonwithheld
Refunds

14,231
10,616

10,810
10,231

10,483
10,221

13,945
9,752

10 t 59 5
10,111

10,S27
10,634

10,800
10,429

4,077
462

957
378

49 i
229

4,323
130

561
78

305
111

461
90

15,489
10,255
1
5,366
132

7,743
10,953
7
1,046
4,264

9,269
237

1,796
310

1,084
256

6,082
435

1,717
511

1,111
314

6,458
190

1,745
557

1,275
496

5,385

5,781

9,543

6,119

5,141

7,748

5,441

5,673

8 ,982

4,755

5,005

7,813

5,428

4,558

6,633

4,982

4,802

7,670

221
362

14
89
356

223
245
402

225
732
355

1,401
347
370
542

1,474
319
350
749

1,489
307
341
298

1,351
307
385
599

1,277
260
399
535

Corporation income taxes:
Gross receipts
. .
,
Refunds
Social insurance taxes and contributions,
net.
.
.
.
...
Payroll employment taxes and
contributions *
Self-employment taxes
and
contributions l
Unemployment insurance
Other net receipts 2 .
Excise taxes. .
.
Customs
Estate and gift
Miscellaneous receipts

.

.

. . . .

3

281
18
332

4i8
358

i,363
368

240
62
389

1,423
301
370
517

1,517
325
418
606

1,415
355
453
541

1,465
305
352
404

762
354,

Outlays
All types

4

International affairs *
General science, space, and technology. .
Natural resources, environment, and
Agriculture
Commerce and transportation
Community and regional development. . .
Education, training, employment, and
social services
.
. . .
Health
Income security
.
. . . .
Veterans benefits and services
Law enforcement and justice
General government. . . .
Revenue sharing and general purpose
fiscal assistance
Interest 5
Undistributed offsetting receipts 6 - 6

140



24,308

24,344

24,666

25,796

26,576

25,020

27,415

29,254

25,869

7,239
604
590

5,721
437
303

7,245
353
320

6,897
436
338

7,432
442
343

7,636
470
343

7,623
293
353

7,269
632
371

7,473
506
213

1,147
-400

559
-83

560
23

675
52

669
460

735
22

786
118

657
545

970
-90

2,220
102

1,150
340

921
434

2,211
535

1,370
346

1,314
209

2,024
375

1,392
379

666
74

715
2,408
8,143

1,002
2,065
8,034

1,064
2,021
8,098

1,035
2,048
7,948

1,091
2,255
7,824

1,044
2,287
8,340

1,033
2,345
8,819

1,478
2,420
9,253

733
2,485
8,965

1,044
452
57

1,256
200
228

1,235
253
330

1,148
202
331

1,217
220
222

1,342
194
332

1,633
175
440

1,397
283
219

1,596
121
321

213
2,302
-2,528

1,605
2,525
-999

171
2,474
-837

304
2,708
- 1 ,069

1,533
2,432
-1,279

4
2,687
-1,940

1
2,477
-1,081

1,566
2,536
-1,342

8
2,596
-770

29. U.S. Budget receipts and outlays—Continued
Millions of dollars
Calendar year

1975

Source or type

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Receipts
All sources
Individual income taxes, net . . . .
....
Withheld
Presidential Election Campaign Fund.
Non with held .
Refunds . ,
Corporation income taxes:
Gross receipts
Refunds . . . . .
Social insurance taxes and contributions,
net
Payroll employment
taxes and
contributions v
..
Self-employment taxes
and
l
contributions
Unemployment insurance
Other net receipts z
Excise taxes
Customs
Estate and gift
Miscellaneous receipts 3 .

......

20,040

31,392

13,010

31,982

20,056

23,604

28,615

19,316

21,867

4,134
9,617
8
2,661
8,152

16,065
9,542
15
12,766
6,258

-1,630
10,300

13,123
10,027

9,615
9,205

10,403
10,246

13,609
9,182

10,653
9,983

10,354
10,195

819
12,749

4,541
1,444

908
498

488
331

4,809
382

589
-81

283
124

7,228
649

5,819
726

1,192
18

10,241
664

1,838
471

1,045
425

6,277
264

1,694
821

1,072
399

6,867

8,126

10,588

6,431

6,128

9,7/5

6,280

5,206

7,994

6,217

5,438

7,689

5,553

5,309

8,085

5,555

4,551

6,900

258
21
370

1,743
557
388

340
2,209
350

373
92
413

444
375

1,256
372

251
75
400

259
395

7i6
377

1,160
295
356
648

1,166
286
317
339

1,373
270
459
776

1,464
301
412
673

1,514
313
503
615

1,394
302
430
742

1,430
312
431
539

1,462
343
396
382

1,476
310
428
633

Outlays
....

28,487

29,207

28,974

30,533

31,132

30,749

29,203

32,493

29,670

National defense 4
International affairs
....
Genera I science, space, and technology . ,
Natural resources, environment, and
energy
.
....

7,473
609
358

7,545
380
359

7,989
555
360

7,878
525
331

7,250
550
450

8,248
528
376

6,923
151
376

8,192
355
376

7,570
543
375

783
261

695
132

702
22

957
191

898
193

813
85

931
481

816
287

893
212

Commerce and transportation
Community and regional development. . .
Education, training, employment, and
social services
Health
Income security. .

1,069
400

1,079
297

1,004
402

1,307
436

2,264
351

2,173
570

1,907
442

1,975
449

1,211
302

1,153
2,727
10,209

1,789
2,869
9,079

1,608
1,646
10,775

1,642
2,622
11,618

1,188
2,787
10,369

1,658
2,335
10,118

1,513
2,653
10,163

858
3,054
10,611

1,617
2,334
10,349

1,386
242
321

1,519
372
-356

1,441
417
249

1,419
262
472

1,384
260
-2

1,457
270
279

1,324
236
273

1,526
261
188

1,596
275
243

4
2,744
-1,250

1,787
2,716
-1,055

71
2,607
-876

-48
2,500
-1,580

1,648
2,637
-1,094

237
2,672
-1,071

37
1,149
645

1,622
2,377
-455

41
2,663
-554

All types «

Veterans benefits and services
Law enforcement and justice
General government
Revenue sharing and general purpose
fiscal assistance
Interest 5
Undistributed offsetting receipts &• 6




141

29. U.S. Budget receipts and outlays—Continued
Millions of dollars
Calendar year

1975

Source or type

Dec,

1976
Jan.

Feb.

Mar.

Apr.

May

June

i

July

(

Aug.

Receipts
All sources

,. .

Individual income taxes net ,
Withheld
Presidential Election Campaign Fund.
Nonwithheld
Refunds. .
...
Corporation income taxes:
Gross receipts .
Refunds
Social insurance taxes and contributions,
net
Payroll employment
taxes and
contributions l
Self-employment taxes and
contributions *
Unemployment insurance
Other net receipts "
Excise taxes
Customs . .
Estate and gift
Miscellaneous receipts '

...

25,997

25,632

20,845

20,431

33,348

22,679

37,615

22,660

27,360

11,200
10,738

7,775
10,938
933
4,100

5,272
11,385
9
2,532
8,646

15.248
10,029
7
12,723
7,512

6,157
10,749
6
573
5,171

16,037
11,249
3
5,275
490

11,201
10,731

571
109

75,276
9,518
1
5,843
86

1,018
549

12,088
11,813*
542
267

6,884
354

1,771
218

1,203
422

6,485
621

6,727
607

1,396
380

10,391
391

1,885
372

1,111
422

5,565

6,430

9,631

6,635

9,349

12,811

6 ,971

7,068

11,614

5,043

5,540

8,330

5,796

6,179

9,132

5,970

5,937

9,328

17
110
395

225
223
442

237
693
370

275
129
435

1,832
952
386

359
2,940
380

322
254
425

723
408

1,822
464

1,484
347
386
485

1,332
348
401
292

1,354
288
475
538

1,344
384
450
482

1,353
357
387
535

1,329
349
489
528

1,489
421
442 i
2,255

1,510
389
454
524

1 ,476
394
54?
552

Outlays
AH types 4

31,959

30,746

29,803

29,196

32,557

28,411

30,656

33,952

29,605

7,756
464
379

7,905
332
360

6,859
295
348

8,134
1,166
371

7,462
948
403

7,268
429
417

National defense . . .
International affairs *
t •.
General science, space, and technology .
Natural resources, environment, and
energy
Agdpulture

7,981
431
380

6,915
359
313

6,475
281
413

910
140

808
200

1 ,269
310

895
57

1,011
-64

1,170
282

929
-181

1,313
99

1,106
130

Commerce and transportation
Community and regional development. . .
Education, training, employment, and
social services
Health
Income security

2,038
377

1,813
397

893
633

-675
290

1,609
513

467
472

1,238
528

2,056
450

651
531

1 ,464
3,610
10,183

1,439
2,789
10,985

1,528
2,802
10,671

1,811
3,094
11,645

1,606
2,947
10,949

1,258
2,246
11,127

1,738
2,951
10,550

1,348
3,077
10,990

1,473
3,072
10,813

1,708
343
398

1,638
271
181

1,698
294
246

1,660
242
305

1,654
282
145

1,553
281
324

1,248
310
358

1,367
321
181

1,385
239
362

398
5,387
-3,790

1,285
2,128
-773

77
2,777
-564

36
2,371
-1,135

1,605
2,535
-833

96
2,620 i
-987

32
2,652
-1,368

1,776
3,298
-1,136

2,831
-1,213

Veterans benefits and services
. .
Law enforcement and justice
General government
Revenue sharing and general purpose
fiscal assistance
Interest B . , , .
Undistributed offsetting receipts «• 8

142



in

29. U.S. Budget receipts and outlays—Continued
Millions of dollars
Calendar year
1976

Source or type
Sept.

Oct.

Nov.

Dec.

Receipts
31,753

21,018

25,698

29,472

15 ,513
10,406
#
5,249
142

11,095
10,694
*
564
163

12,535
12,201
*
375
41

12,663
12,179
*
678
194

Corporation income taxes:
Gross receipts
. ...
Refunds
Social insurance taxet, and contributions , net
Payroll employment taxes and contributions l. . . .
Self-employment tuxes and contributions i
Unemployment insurance *
Other net receipts '•'

6,812
554
7,077
6,269
269
153
386

1,874
846
6,199
5,308

1,185
486
9,432
7,775

503
388

1,205
451

7,838
205
6,207
5,809
17
-26
407

Excise taxes.
.
Customs
Estate and gift
3
Miscellaneous receipts , . .

1,486
429
453
537

1,408
345
417
527

1,517
392
570
553

1,513
412
502
542

All sources

...

Individual income taxvs, net
. ..
Withheld
Presidential Election Campaign Fund
Nonwithheld
Refunds . .
.
.'

,.

Outlays
All types

4

National defense
International affairs ^
General science, space, and technology
Natural resources, environment, and energy
Agriculture.
, .
Commerce and transportation
Community and regional development
Education, training, employment, and social services.
Health.
.
.
. . . .
Income security
Veterans benefits and services
General government. ..
Revenue sharing and general purpose fiscal
assistance. .
....
Interest &
Undistributed offsetting receipts 6- c




31,189

34,000

33,083

31,891

7,659
345
309
1,173
531

7,604
539
431
1,057
122

7,434
294
400
1,341
630

7,575
472
418
1,217
507

1,977
525
1,862
2,843
10,955

2,237
425
1,128
3,251
11,070

1,726
756
1,709
3,014
11,016

995
506
1,563
4,071
10,533

1,223
300
312

1,401
258
160

1,699
300
395

1,467
297
326

137
1,256
-217

2,112
2,642
-436

590
2,438
-659

127
6,025
-4,207

143

30. Federal debt subject to statutory limit—Types and ownership
Billions of dollars

19 72

Item

Mar. 31

19 73

Sept. 30

June 30

Dec, 31

Mar. 31

June 30

19 74

Sept, 30

Dec. 31

Mar. 31

June 30

:

Federal debt outstanding
Public debt securities
Held by public
Held by agencies

...

Agency securities
Held by public . .
Held by agencies

437.6

437.3

445.6

460.3 j

469.6

468.4

472.1

480.7

485.7

486,2

425.7
320.2
105.5

426.4
314.9 !
111.5

433.1

319.6
113.5

448.5
331.6
116.9

457.9
339.9
118.0

457. 3
333.9

460.6
332.0
127.8

469,1
339.4

473.7
342 5
131.2

474.2
336 0
138 2

11.0

10.9

11.5

11.8
9.6

11.8
9.1

11.1

11. 5
9.5

11.6
9.6

12 0

2.0

10.0
2.0

12 0

2,1

9.1
2.0

8.8
2.2

8.8
2.1

9.2
2.2

2,2

123.4

2.0 i

129.6

1

10,0
2,0

Debt subject to statutory limit

428,7

428.6

435.3

450.6

459.9

459.1

462.4

470,9

475.4

476 »0

Public debt 1securities, . ,
Other debt

426.7
1 9

426.6
1 9

433.3
1.9

448.7
1 9

458.0
1.9

456.7
2.4

460.8
1.6

468.4
2 4

473.1
2 4

473,6
2 4

MEMO: Statutory debt limit

450.0

450.0

450.0

465.0

465.0

465.0

465,0 i

475.7

475,7

495.0

Sept. 30

Dec. 31

19 74

19 75

Mar. 31

19 76

Sept. 30

Dec, 31

Mar. 31

Sept. 30

Dec. 31

Federal debt outstanding

493 1

504 0

520.7

544 1

564.6

587.6

611.4

631 9

646 4

665.5

Public debt securities
Held by public. , . , , .
Held by agencies,

481 5

492 7

509 7

533 7
387.9

553.6

145,3

411.4
142.3

576.6

437.3
139.3

600.5
461.4
139,1

620.4
470.8
149,6

634.?
488 . 6
146.1

653,5
506. 4
147.1

10.9

10.9

10.9

10.9

11.5

11. 6
9. 1

1.0

12.0
10.0
1.9

Agency securities
Held by public . .
Held by agencies

340 9
140.6

...

11.7

9 7
2.0

351.5
141,2
11.3

9.3
2.0

371,2
138.5

11.0
9.1
1.9

June 30

9 0
1.9

9.0
2,0

8.9
2.0

8.9
2.0

June 30

9.5
2.0

2

Debt subject to statutory limit

481.7

493.0

510.6

534.2

554.7

577.8

601.6

621.6

635. H

654.7

Public debt 1securities
Other debt .

479.4
2 4

490.5
2.4

509.0
1.6

532.6
1 6

553.0
1 7

576.0
1.7

599.6
1.7

619.8
1.7

634.1
1.7

652.9
1 7

MEMO: Statutory debt limit

495.0

495.0

531.0

577.0

577.0

595.0

627.0

636.0

636.0

682.0

144



31. Gross public debt of the U.S. Treasury—Types and ownership
Billions of dollars, end of period
19 72

Type and holder

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Total gross public debt *

422 9

424 0

427,3

425.3

427.9

427 3

432.4

435 4

433 9

439 9

By type :
Interest-bearing debt
Marketable
Bills
Notes
Bonds
,.

421 I
261 9
97.5
114 0
50.4

422 .1
261.2
98.1
112. 9
50.2

425.5
265,4
102.4
112.9
50.1

423.5
263.0
98.3
114.7
50.0

426.1
261,9
98.1
113.4
50.4

425.4
257 2
94.6
113.4
49.1

430.6
257.7
95.2
113.4
49.1

433 6
255 /
96.2
115 7
46.2

432 1
257 7
96.4
115 7
45.7

438 1
260 9
97.5
117 7
45 6

159 2

160.9

160.2

160 5

164.2

168 2

172.9

775 5

174 4

/77 3

16 9
55 1
84.9

16.9
55.3
86.3

16.5
55.6
85.6

18.4
55.9
83.8

18.2
56.2
87.3

19.0
56.5
90.3

22.0
56.7
91.7

21 7
57.0
94.3

21 7
57.2
93.0

21 2
57.5
96.2

104.4
69 6

106.2
67.7

105.5
69.9

105.5
70.3

109.1
71.6

111.5
71.4

112.8
70.8

115.4
70.7

113.5
69.7

116.7
70 1

248 9
63.1
3 5
6 9
10 8
26,0

250.2
62.4

251.9
63.6

6 9
11.1
26.7

7 0
10.6
26.2

249.5
62.2
3 5
6 9

244.4
60.9
3 5
6 7
9 3
26.9

248.8
60.5
3 5
6 6

26.9

249.3
60.3
3 4
6 6
8 0
27.0

250.7
61.1
3 5
6 6

26.1

247.2
61.3
3 6
6 8
10.3
26.0

27.6

253.1
61.6
3 5
6 5
9 1
28.5

54 6
18 2

54.9
17 9

55 2
18 7

55 5
18 3

55 8
17 8

56 0
17 2

56 3
17.2

56 6
16 8

56 8
16.4

57 1
16 2

48 2
17 5

48.9
17.8

49.9
17.2

49 8
17 6

49.4
16,3

50.0
14 0

54.6
13.7

55 9
14 8

55.3
15.6

55.8
15.1

Nonmarke table 2 .
Convertible bonds 3
Foreign issues ^
Savings bonds and notes
Govt. account series 6

2.3

By holder: «
U.S. Govt. agencies and trust funds
Federal Reserve Banks
Private investors
Commercial banks
Mutual savings banks
Insurance companies
Other corporations
State and local govts

....
...

Individuals:
Savings bonds
Other securities
Foreign and international 7
Other miscellaneous investors 8.

. . .

2.3

3.5

2.3

3.5

2.3

9.5

2.3

2.3

19 72

2.3

9.4

2.3

2.3

7.8

2.3

19 73

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Total gross public debt 1

444 2

449.3

450.1

454.8

458.6

457.1

457.3

458.1

459.0

461.8

By type :
Interest-bearing debt
Marketable
Bills
Notes
Bonds

442.4
265 6
100 7
119 4
45 5

447.3
269 5
103 9
121.5
44 I

448.2
271 1
104 9
121.5'
44 7

452.9
269 9
105 0
120.2
44 6

456,8
269 8
105 0
120,2
44 6

455.2
267 8
103 2
120.2
44.5

455.4
265.9
103.0
117.8
45.1

456.4
263.0
100.1
117.8
45.1

457.2
262.7
99.9
117.8
45.0

459.9
262.4

176 8

177 S

177 1

183 0

187 0

187 4

189 5

193 4

194.5

197.5

21 0
57.8
95 6

20 6
58.1
96.6

20.5
58.4
95.8

25.4
58.7
96.5

28.3
59.0
97,1

28.5
59.3
97.0

28.3
59.7
99.0

28.5
59.9
102.4

28.2
60.2
103.7

27.9
60.3
106.8

116,1
69,5

116.9
69.9

116.2
72.0

117.1
72.6

117.9
74.3

117,9
75.5

120.1
74.1

123.4
75,0

125.0
77,1

128.7
76.1

258 6
64 2
3 5

262.5
67 7

261.8
66 4

265 1
62 8

266.4
62 0

263.7
60.5

263.1
58.9

259.7
58.8

256.9
56.5

257.1
55.1

10 6
28 6

28 9

10.3
30.0

10.9
29 4

11.2
29 4

10.0
29.2

10.8
28.6

28.8

10.3
28.4

11.5
27.7

57 4
16 3

57 7
16 2

57.9
17.0

58 2
16 8

58 5
16 8

58.8
16.6

59.2
16.5

59.5
16.4

59,7
17,0

59.8
17.2

56.0
15 5

55.3
17.0

54.2
16.0

61.1
16.0

63.1
15.5

61.7
17.2

61.1
18.4

60.2
16.6

59.7
15.8

59.2
17.4

Nonmarke table ". 3
Convertible bonds
Foreign issues *
Savings bonds and notes
Govt. account series 5

.

.

.

By holder : 6
U S. Govt. agencies and trust funds
Federal Reserve Banks
Private investors
Commercial b.mks
Mutual savings banks
Insurance companies
Other corporations
State and local govts

6.6

Individuals:
Savings bonds
Other securities
Foreign and international ' 8
Other miscellaneous investors .




2.3

.

2.3

3.4
6.6
9.8

2.3

3.4
6.6

2.3

3.5
6.4

2.3

3.4
6,5

2.3

3.4
6.3

2.3

3.3
6.3

2.3

3,3
6.3
9.8

2.3

3.1
6.4

101.8
118.7
42.0

2.3

2.9
6,3

145

31. Gross public debt of the U.S. Treasury—Types and ownership—Continued
Billions of dollars, end of period

Total gross public debt l
By type :
Interest-bearing debt
M&rkct&hle
Bills . .
Notes
Bonds
.
Nonmtirketctble 2 . .

.
.

...

.. .

Foreign issues *
Savings bonds and notes.
Govt, account scries 6

.
.....

By holder ; «
U.S. Govt. agencies and trust funds.
Federal Reserve Banks
Private investors
Commercial banks
Mutual savings banks
Insurance companies
Other corporations
State and local govts,
Individuals:
Savings bonds
Othef securities

....
,

.

.

, .

....

Foreign and international 7
Other miscellaneous investors ». . .

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

461.4

462.5

464.0

469.9

468.2

470.7

474.5

471.9

474.1

475.1

459.5
262 4
99.8
120 7
41.9

460.6
264 0
101.6
120 7
41.8

462.1
270 2
107.7
124 6
37.8

467.8
270.2
107.8
124.6
37.8

466.3
270 1
107.8
124 6
37.7

468.6
269.7
107.9
126.1
35.7

472.6
275.6
111.9
126.1
35.6

470.1
270.5
107.3
127.6
35.5

472.7
473.2
269.6
266 6
107,9 ' 105.0
128.4
128 4
33.2
33.1

197 1

197 0

191 8

197 ,6

196 1

199 0

199.0

199.6

203,2

20$ 7

28 2
60.3
106.4

27.8
60,5
105.8

26.1
60.8
102.2

26.0
60.8
108.0

25.3
61.0
107.0

25.4
61.3
109.5

25.2
61.6
109.4

25.7
61.9
109.2

26.0
62.1
112.1

2^ 0
62.4
116,3

127.8
76.2

127,4
78.5

127.1
77.1

129.6
78.5

128,7
78.2

131.3
78.2

131.2
79.5

131.1
80.0

133.9
81.4

138.2
80.5

257 4
55.4

256 5
56.3
2.9
6.3

261.7
60.3

261 2
60.2

261.1
59.0

263,8
260.7
59.5 '
56.8

259.4
54.4

25(i 4
5V 2

29.0

10.2
28.5

259 8
58.5
2.9 1
6 2
11.1
28.9

10.9
29.2

10.7
29.9

10.9
30.7

11.7
30.6

10.5
30.1

11.2
29.2

S 9
10,8
28.3

59.9
17.3

60.0
17.0

60.4
16.9

60.4
16.9

60.5
16.9

60.8
17.1

63.1
17.3

61.4
17.8

61.7
18.3

6J.9
IB. 8

58.5
18.9

57.5
17,9

56.2
18,9

55.5
19.4

52.8
21.1

53.5
20.4

54,9
19.8

55.9
19.7

57.3
18.6

57.7
17.3

2.3

.

..
,

19 74

19 73

Type and holder

2.9
6.3
9.2

2.3

2,3

2.3

2.9
6.4

2.3

2.8
6.3

2.3

2.8
6,0

2.3

2.8
6.1

2.3

2.7
5.9

19 74

2.3

2.6
6,0

2.3

2.6

19 75

July

Aug.

Sept.

Oct.

Nov.

Dec,

Jan.

Fcb.

Mar.

Apr.

Total gross public debt J

475.3

481.8

481.5

480.2

485.4

492.7

494.1

499.7

509.7

516.7

By type :
Inter cst'bcsring debt
Marketable
...
Bills
Notes, .
Bonds
,

474.3
268.8
107.3
128.4
33.0

480.7
272.1
110.6
127.7
33.9

480 1
272.6
111.1
127.7
33.8

479.2
273.5
112.1
127.7
33.8

484.2
277.5
114.6
129.6
33.3

491.6
282.9
119.7
129,8
33.4

493.1
286. 1
121,0
131.8
33.3

498.7
2B9.B
123.0
132.7
34.1

508.6
300.0
124.0
141.9
34.1

SIS 8
307.2
126,9
145.0
35.3

205 6

208 6

207 5

205.6

206 6

208.7

207 0

20$ 8

208.6

2Q3 6

24.4
62.7
115.5

23.2
62,8
119.6

23 2
63.0
118 3

23,1
63.3
116.2

23 1
63.6
116 9

22,8
63.8
119.1

23.0
64.2
116.9

23.3
64.5
118.1

24.0
64.8
116.8

23.6
65.2
116.8

137.5
78.1

141.6
81.1

140,4
81.0

138.4
79.4

139.0
81.0

141.2
80.5

139.0
81.3

139.8
81.1

138.5
81.4

138.0
B7.8

259.7
53.5

259.0
53.1

260.1
52,0

265.3
53.7
2.5 1

271.0
55.6

273,8
54.6

278.9
56.5

289. 8
61. 8

290,9
64.1

11.3
28,8

11.0
29.2

10.5
29.3

262.5
52.7
2.5 i
5.9
11.2
28.8

11.0
28.7

11.2
29.2

11.3
30.0

6 3
11.4
30.5

12.0
29.7

12.5
29.8

Individuals:
Savings bonds,
Other securities.

62.2
19.4

62.3
20.3

62.5
20.8

62.8
21.0

63.1
21.1

63.3
21.5

63.7
21.6

64.0
21.3

64.3
21.4

64.7
21.4

Foreign and international * .8 . .
Other miscellaneous investors

56.9
19.2

56.0
18.9

56.0
20.5

56.6
20.6

58.3
20.8

58.4
23.1

61.5
22,2

64.6
21.6

65.0
26.1

64.9
23.4

Nonmctrke table 2
Convertible bonds 3
Foreign issues *
Savings bonds and notes
Govt account series **

2,3

By holder : «
U.S. Govt. agencies and trust funds
Federal Reserve Banks . . .
Private investors. . ,

..

...

Mutuj.il savings banks . . .
Insurance companies
Other corporations . . .
State and local govts

146



.

2.6
5.7

2.3

2.6
5.8

2.3

2.5
5.8

2.3

2.3

6.0

2.3

2.5
6.2

2.3

2.6
6.3

2.3

2.7

2.3

2.9
6.6

2.3

3.2
6.8

31. Gross public debt of the U.S. Treasury—Types and ownership—Continued
Billions of dollars; end of period
19 75

19 76

Type and holder
May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

528.2

533.2

538.2

547.7

553.6

562.0

566.8

576.6

584.4

593 9

527.0
314.9
131.5
146,5
36.8

532.1
315.6
128 6
150.3
36.8

537.2
323.7
133.4
153.6
36.7

546.7
331.1
138.1
155.2
37.8

552.6
338.9
142,8
158.5
37.7

561.1
350.9
147 1
166.3
37.6

565 8
355 9
151 1
166.1
38.7

575 7
363 2
157 5
167 1
38,6

581
369
159
171
38

9
3
6
1
6

592
378
162
177
39

9
8
1
6
1

212 I
2.3
23.5
65.5
120.1

216 5
2.3
23.2
65.9
124.2

213 5
2.3
22.2
66.3
121.7

215 6
2.3
21.6
66.6
124.1

213 7
2.3
21.5
66.9
121.9

210 2
2.3
21.2
67.2
118.2

209 9
2 3
21.3
67 6
117.5

212 5
2 3
21,6
67 9
1 19. 4

212 5
2 3
21 6
68 2
119^0

214
2
21
68
120

1
3
7
6
1

140 9
85.6

145 3
84.7

142 5
81.9

144 8
82.5

142 3
87 0

138 8
87 2

137 7
85 1

139 3
89 8

139 8
89 0

301.7
67.7
3.4
7.1
13.7
29.8

303 2
69.0
3 .6
7.1
13 2
29.6

313 8
71.8
3.7
7.4
16 2
31.4

320 4
74.8
3 .9
7.5
16 0
31.2

324 4
78.3
4.0
7.7
15 0
32.2

336 0
79.3
4.2
7.9
17 5
33.8

343 9
82.2

139 3
87 9
349 4
85.1

355 3
86.0

365 0
87.2

8.8
20 0
33.9

9.3
20 2
33.8

10.0
21 2
34.6

10 1
23 2
36 4

...

65 1
21.5

65,4
21,6

65 8
21.8

66 1
22.6

66.4
23.2

66.7
23.8

67 1
23.9

67 4
24.0

67 7
24.0

68 1
25 8

Foreign and international 7 8
Other miscellaneous investors

66,9
26 6

66.0
27.6

66.7
29.1

67.3
31.1

65.5
32.2

66.9
35.8

66.1
37 5

66.5
38 6

68.3
38 9

69 6
39 9

Total gross public debt 1 .
By type :
Interest-bearing debt
Marketable
Bills
Notes
Bonds

....

Nontnor kg table ^
8
Convertible bonds
Foreign issues 4 . . .
Savings bonds and notes
Govt account series 6

.

.•

By holder: •
U S Govt agencies and trust funds
Federal Reserve Banks
Private investors
Commercial banks
Mutual savings banks
Insurance companies
Other corporations
State and local govts

.

Individuals :
Savings bonds
Other securities

1976

Total gross public debt ' .
By type :
Interest- bea ring debt
Mar k 6 tab IB
Bills
Notes
Bonds
Nonmarke table

......

...
....

. .

2

....
....

Foreign issues 4
Savings bonds and notes
Govt account series **

*•

By holder : 6
U S Govt agencies and trust funds
Federal Reserve Banks
....
Private investors
Mutual savings banks
Insurance companies

...

State and local govts
Individuals :
Savings bonds
Other securities .

...
7

Foreign and international . . .
Other miscellaneous investors '




..

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

600.5

602.0

610.7

620 4

624,5

633.3

634.7

637.6

644.6

653 5

599.2
385 3
163.1
183.1
39.0

600 9
386 4
161 8
185.8
38 9

608 1
388 0
161 8
186.5
39 7

619 3
392 6
161 2
191,8
39 6

623 6
397 7
161 4
197.2
39 1

632.3
404 3
161 4
203.0
39.9

633 6
407 7
161 5
206.3
39 8

635 1
408 6
161 5
207.3
39 8

643.6
415 4
161.7
213.0
40 7

652 5
421 3
164 0
216.7
40 6

213 9
2.3
21.7
69 0
119.4

214 5
2.3
21 6
69 4
119 5

220 1
2.3
21 5
69 8
124.6

226 7
2.3
21 5
70 1
130 6

225 9
2.3
21 4
70 8
128 9

225 0
2.3
21.0
71 5
130.6

22J 9
2.3
20 8
71 2
128 6

226 5
2.3
22 3
71 5
127 2

225 2
2.3
22.5
71 9
127 4

231 2
2.3
22 3
72 3
129 7

139.1
89.8

139 1
91 8

143.7

90.5

149.6
94.4

147.6
90.7

148.0
94.0

146.1
96 4

144.6

371.7
91.9
5.1
10.4
23.0
37.8

371 0
91.7
5.1
10 3
23,8
37.7

376 4
91.6
5.3
10.4
26.0
37.6

376 4
91.8
5.1
10 5
25.0
39.5

386 2
94.0
5.3
11.1
27.0
37.2

391.3
92.5
5.4
11.6
27.8
38.7

68 5
26.0

68 9
25.8

69 3
26.6

69 6
26.8

70 3
26.8

68.1
40.8

70.2
37 4

71.0
38.7

69.8
38 2

72.8
41 9

144.9
91,7

147,1
97 0

392 2
93.3
5.3
11 6
25.7
39.1

95.7
397 3
94.8
5.3
12.1
24.7
41.5

408 1
99.8
5.3
12.2
24.2
42.1

409 5
102.5
5.5
12.3
25.5
41.6

71 0
28.8

70 9
28.8

71 3
28.8

71.7
29.0

72 0
28.8

74.6
40.9

74.6
42.9

75.2
43.6

76.0
47.7

78.1
43.2

147

32. U.S. Government marketable securities—Ownership, by maturity

A. All maturities
Par value; millions of dollars; end of period
1970

Type of holder

All holders

Private investors
...
Commercial banks
Mutual savings banks
Insurance companies.
Nonfinancial corporations
Savings a n d loan associations .
State and local governments
All others

.

19 72

Q4

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

247 713

247 457

245 , 473

249 , 931

262 , 038

265 , 380

257 , 202

257,720

269 509

. 1 7 092
62, 142

17 379
64,160

18,092
65,518

18,532
67,566

18,444
70,218

18 672
69 , 928

19,868
71,356

165,918
49 836
2 813
5,883
3 684
3 400
11,649
88,653

161 863
47,231
2,864
5,668
3 255
3,197
11,015
88,633

163,833
46 414
2,760
5,619
3 226
3,131
10,489
92,194

173,376
51,363
2,742
5,679
6,021
3 , 002
9,823
94 , 746

176,780
49 793
2 718
5,623
5 632
3,202
10,289
99,523

165,978
47 028
2 668
5,340
4 182
2,849
10,314
93,597

.,

U S Govt agencies and trust funds . .
Federal Reserve Banks

1971

.

168 , 479
50 917
2 745
6,066
3 057
, 3 263
11 ,204
91,227

.,

..

U S. Govt agencies and trust funds
Federal Reserve Banks
Private investors
Commercial banks
Mutual savings banks
,
Insurance companies. .
..
Nonfinancial corporations
Savings and loan associations
State and local governments. . .
All others

...

....

..

!

.

.

.

U.S. Govt. agencies and trust funds
Federal Reserve Banks
Private investors
Commercial banks
Mutual savings banks
Insurance companies
,
Nonfinancial corporations
Savings and loan associations
State and local governments
All others

.
....

.

...

.

168,775 ISO 243
32 440
44 918
2 654
2 609
5,266
5 2?0
3 315
4 94B
2,791 \
2 871
10,551
10,904
99,280 101,249

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

269 , 775

262,971

262,356

270 , 224

273,596

266 , 575

272,608

282,801

20,040
74 276

20,081
75 022

20,872
76 217

20 , 962
78 516

21,272
79 483

21,229
80 485

21,444
81,035

21,101
80 501

175 459
47*837
2,517
5 106
5,850
2 838
11,195
100,116

167 868
45,139
2,351
4 932
4,599
2 674
10,406
97,767

165 267
42 403
2,037
4 895
3,944
2 341
10,165
99 , 482

170 746
45 , 737
1,955
4,956
4,905
2,103
9,829
101,261

172 841
45 524
1,855
4 959
5,513
2 184
10,723
102,083

164 861
40,181
1,673
4,571
4,400
1,907
8,238
103,891

170,129
39,042
1,452
4,519
4,250
1,729
8,660
110,477

ISO 9*?9
42,715
1,477
4 741
4,246
1 , 661
7 , 864
118,2,13

1976

19 75

A l l holders

19 160
69 906

19 74

19 73

AH holders

19,211
69,734 j

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

299 989

315,606

338 946

363,191

385,296

392,581

407,663

4211 276

...

20 841
81,418

20,475
84,749

19 702
86,998

19,397
87,934

19,110
89,753

18,354
94,446

16,640
96,427

16,485
96,971

...

197 730
48 840
1 751
5 119
4,911
1 969
8,189
126 952

210 382
53,335
2 435
5,542
5,136
2 212
8,022
133 700

252 246
60 459
2 882
6 085
5,904
2 805
9,303
144 809

255 860 267 433
64,398 ' 69 , 742
3 300
3 895
7,565
8,577
11,275
9,365
2,793
4,180
11,334
9,285
159,154 167,431

279 J81
69,162
3,885
8 , 670
13,025
4,318
13,174
167,548

!

294,596 307,820
70,201
78 , 262
3,975
4,072
9,654
10,284
14,102 ! 14,193
4,576
4,439
12,252
11,467
180,759 184,182

B. Total maturing within 1 year
Par value; millions of dollars; end of period

Type of holder

All holders

1970

19 72

19 71

Q4

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

123 423

114 940

112 772

117 662

119,141

126 315

121,944

121 , 260

130,422

U.S. Govt. agencies and trust funds. . .
Federal Reserve Banks. ,

3,005
36 338

2,654
33 416

2,852
35 117

3,149
37 914

1,380
36 032

1,279
36 468

2,350
40 085

1,361
37,259

1,609
37 750

Private investors
Commercial banks
Mutual savings banks. . ,
Insurance companies
Nonfinancial corporations
Savings and loan associations. .
State and local governments.
All others

84 080
19 208

78 870
15 966
*442

74 803
13 756

76 599
13 021

81 729
14 920

88 568
15 836

79,509
14 337

82 , 640
13,415

91 , 063
18,077

1 547

2 249

2 035

4,191

4,346

3,010

1,962

3,604

5,232 1
54 , 632

4,592
56,261

5,119
61,227

5,298
55,276

148



525
893
583

5,184
56,140

784
717

5,629
53,083

426
595

2 007
613 |
5,323
52,083

394
593

692

416
720
629

389
706

945

388
525

675

406
480
717

5,516
60,144

590
799

820

6,159
61,014

32. U.S. Government marketable securities—Ownership, by maturity—Continued

B. Total maturing within 1 year—Continued
Par value; millions of dollars; end of period
1973

Type of holder

Private investors
Commercial hanks
Mutual savings banks
Insurance companies

.•

.•

Q2

Q3

Q4

Ql

Q2

Q3

Q4

130,187

122,803

129,114

141,571

145,453

139,942

143,349

148 086

....

1,656
37,106

1,884
42,494

2,220
46,189

2,416
47,032

2,660
50,132

2 600
47,881

2 400
45 388

...

88,168
14,807
503
828
4,446
849
6,635
60,100

84 , 041
14,561
490
731
3,287
712
5,904
58,356

84 , 736
13,781
453
732
2,766
549
6,016
60,439

93 , 162
17,499
562
779
3,295
576
5,845
64,606

96 , 005
16,726
509
815
3,561
603
7,026
66,765

87,150
11,334
377
569
2,327
385
4,508
67,650

92,868
11,823
349
519
2,673
370
4,829
72,305

100 298
14,873
399
722
2,623
350
4,121
77,210

. ..

Savings and loan associations
State and locul governments
All others.

Ql

1,751
40,268

All holders
U S Govt agencies and trust funds
Federal Reserve Banks

19 74

.

19 75

All holders . . .
U.S. Govt. agencies and trust funds
Federal Reserve Banks
. . . .
Private investors
. . . .
Commercial banks
Mutual savings banks
Insurance companies
Nonfinancial corporations
Savings and loan associations
State and local governments
All others

. . . .
, .

19 76

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

158,046

163,891

180,165

199,692

203,780

204,167

206,062

211,035

2,519
47,019

2,317
45,953

2,883
46,641

2,769
46,845

3,018
46 , 504

2,402
5 1 , 469

2,298
50,462

2,012
51,569

108,508
16,217
385
720
2,777
511
4,793
83,105

115,621
19,643
519
762
2,871
569
4,290
86,967

130,641
24,943
651
945
3,799
902
5,426
93,975

150,078
29,875
983
2,024
7,105
914
5,288
103,889

1 54, 258
29,290
1,074
2,055
9,168
1,781
6,852
104,038

150,296
28,177
953
1,483
10,467
1,767
8,339
99,110

153,302
26,524
1,026
1,899
10,115
1,895
6,604
105,239

157,454
31,213
1,214
2,191
1 1 , 009
1,984
6,622
103,220

C. Bills maturing within 1 year
Par value; millions of dollars; end of period

1970

Type of holder

All holders
U S Govt agencies and trust funds
Federal Reserve Banks
.
Private investors
....
Commercial banks
Mutual savings banks
Insurance companies
Nonfinancial corporations
Savings and loan associations
State and local governments. . . .
All others.

.
..
..
....
..
..

19 72

19 71

Q4

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

87,923

88,977

86,677

88,644

97,505

102,371

94 , 648

96,363

103,870

708
25 965

847
26 709

900
27,929

862
29 , 584

605
31,033

575
30,136

1 671
31 258

587
29 , 520

674
29 745

61 , 250
10 314
171
456
1,194
220
3,803
45,092

61 , 421
9 239
201
438
2,050
449
4,562
44,482

57 848
6 907
189
303
1,594
380
4,316
44,159

58,198
5 677
162
257
1,328
365
4,133
46,276

65 867
8 287
235
325
3,280
343
3,832
49,565

71 660
1 957
201
351
3,318
570
4,309
54,954

61 719
6 335
175
208
1 945
359
4,441
48,256

66 256
6 083
179
218
1,393
443
4,670
53,270

73 4">1
10 289
309
448
1 198
498
5,203
55,506

19 74

19 73

All holders .
U S. Govt. agencies and trust funds
Federal Reserve Banks
Private inventors
Commercial banks
Mutual savings banks
Insurance companies
Nonfinancial corporations
State and local governments ....
All others,
,




..
..
..
..

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

104,991

100,061

99 , 76?

107,786

111,859

105,019

111,099

119,747

554
33 539

386
34 246

456
34 652

631
36 928

744
36 938

462
37 321

514
38 220

588
36 990

70 898
7 640
234
371
3,190
496
5,727
53 , 240

65 429
6 812
229
212
1 426
310
4,996
5 1 , 444

64 , 654
5 080
139
262
1,270
117
4,600
53,186

70 , 227
7 901
222
312
1 695
121
4,483
55,493

74,177
7 763
240
413
2,129
194
5,677
57,761

67,236
3 309
135
194
1,219
53
3,245
59,081

72,365
3 t 227
117
217
1,606
53
3,502
63 , 643

82,168
6 952
207
414
1,859
87
3,319
69,330

149

32, U.S. Government marketable securities—Ownership, by maturity—Continued

C. Bills maturing within 1 year—Continued
Par value; millions of dollars; end of period

19 75
Type of holder

All holders
VJ S Oovt agencies and trust funds . . .
Federal Reserve Banks
.
Private investors
•
Commercial banks
.
Mutual savings banks
Insurance companies
Nonfinancial corporations
Savings and loan associations
Stute and local governments
All others

.
. . .

...
...

,

19 76

Ql

Q2

Q3

Q4

QI

Q2

Q3

Q4

123,972

128,569

142,803

157,483

163,140

161,198

161 505

163 992

511
36,087

479
37 239

241
37,559

207
38,018

457
38,330

418
40,833

544
41,364

449
41 ,279

87,374
6,976 I
152 I
405
2,011
240
4,078
73,512

90 851
9,241
212
421
2,010
285
3,466
75,216

JOS ,003

119 947 ! 119 597
16 749
14,413
410
368
961
1 263
8,804
8,731
1 224
1 280
7 460
5*452
84,338
88,090

122 264
17, 103
4S4
1 , 463
9,9^9
1 266
5 ^6
86 282

14,023
317
529
3,017 1
578
4,565
81,974

119,258 124,353
17,481
17,841
554
585
1,513
1 ,546
5 , 829
7,890
1,265
518
4,566
5,871
88,797 ' 89,354

i

D. Other than bills maturing within 1 year
Pur value; millions of dollars; end of period
1970

Type of holder

Q4

All holders

.

.

.

.

.

.

U S Govt agencies and trust funds
Federal Reserve Banks
,
Private investors
Commercial banks
Mutual savings banks
Insurance companies,
Nonfinancial corporations.
Savings and loan associations
State and local governments
AH others

..

. . .

....

19 72

19 71
Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

3 55 0 0

25 963

26 095

29 018

21,636

23 , 944

27 296

24 897

26 SSZ

2,297
10,373

1 807
6,707

1 952
7,188

2 287
8,330

775
4,999

704
6,332

679
8,827

774
7,739

915
8,005

22,830
8,894
354
437
353
363
1,381
11,048

17,449
6 727
241
346
199
268
1,067
8,601

75,955
6 849
237
292
413
233
1 007
7,924

18,401
7 344
232
336
707
327
1 099
8,356

15,862
6 633
Igl
395
911
286
760
6,696

16,908
7 879
188
355
1,028
375
810
6,273

17 790
8 002
213
317
1 065
316
857
7,020

16,384
7 332
*227
262
569
274
846
6,874

17,612
7 788
*2Hl
351
2,406
322
956
5,508

19 74

19 73
Q2

Q3

Q4

Ql

Q2

Q3

Q4

25 196

22 742

29 352

33,785

33 , 594

34,923

32,250

28,339

1 197
6 729

1 270
2 860

1 428
7 842

I 589
9 261

1 672
10,094

2 198
12 811

2 086
9 661

1 812
8 399

17 270
7,167
269
457
1,256
353
908
6,860

18 612
1 749
261
519
1 861
402
908
6 912

20 082
8 701
314
470
1,496
432
1,416
7,253

22 935
9,598
340
467
1,600
455
1,362
9,113

21 828
8,963
269
402
1,432
409
1,349
9,004

19 914
8,025
242
375
1,108
332
1,263
8,569

20 503
8,596
232
302
1,067
317
1,327
8,662

IS 130
7,921
192
308
764
263
802
7,880

Ql

All holders
U S Govt agencies and trust funds
Federal Reserve Banks
..
Private investors,

...

,.

Mutual savings banks
Insurance companies
Nonfinancial corporations
Savings and loan associations
State and local governments
All others

.

....

1976

1975

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

AH holders. .

34 074

35 322

37 362

42 209

40 640

41 969

44 557

47 043

U.S. Govt. agencies and trust funds
Federal Reserve Banks
.
.

2 008
10 932

1 838
8 714

2 642
9 082

2,562
8 827

2,561
8 174

1,984
10 636

1,754
9,098

1,561
10,290

21 134
9 241
233
315
766
271
715
9,593

24 770
10*402
307
341
861
284
824
11,751

25 638
10 920
334
416
782
324
861
12,001

JO 820
12 394
429
511
1,276
396
722
15,092

29 905
11 449
489
509
1,278
516
981
14,684

30 349
11 428
543
522
1 663
543
879
14,772

33 705
12',111
658
636
1,384
615
1,152
17,149

35 190
13,910
760
728
1,070
718
1,066
16,938

Private investors
Commercial banks
Mutual savings banks
. . .
Insurance companies
,
Nonfinancial corporations
Savings and loan associations
. .
State and local governments
All others

150



. . .
.

32. U.S. Government marketable securities—Ownership, by maturity—Continued

E. 1- to 5-year maturities
Par value; millions of dollars; end of period

19 71

1970

Tvpe of holder

19 72

Q4

Qi

Q2

Q3

Q4

All holders

82 318

86,024

89,074

90,915

U S Govt agencies and trust funds . . .
Federal Reserve Banks.

6,075
19,089

6,217
23 , 699

6,916
23,601

7,533
23,325

57,154
26 609
1 , 168
1 , 723
1,260
1 , 899
2,458
22,037

56 JOS
26,684
1,149
1,568
1,208
1,750
2,427
21,322

58,557
27,264
1,226
1,622
1,126
1,656
2,442
23,221

60,057
27,915
1,264
1,616
1,107
1,582
2,318
24,255

Private investors
Commercial banks
Mutual savings banks
Insurance companies
Nonfinancial corporations
Savings and loan associations
State and local governments
All others

.
.

...

Ql

Q2

Q3

Q4

93,648

93,106

89 , 004

85,730

88 564

7,614
25,299

7,763
26,534

7,739
24,109

6,595
24,859

6 418
24 497

60,735
28,823
1,221
1,499
1,492
1,449
2,268
23,983

58 , 809
27,342
1,229
1,428
1,143
1,309
2,176
24,182

57,156
26 326
1,192
1,362
1,020
1,250
2,223
23,783

54,276
24 , 827
1,182
1,290
1,143
1,143
2,189
22,503

57 649

27 765
1 152
1,190
1,198
1,140
2,033
23,171

19 73

19 74

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

All holders

95 , 425

88 , 223

80,576

81,715

79,045

77 , 199

79,410

85,311

U S Govt agencies and trust funds
Federal Reserve Banks
.

7,207
28,288

7,129
26,956

7,016
22,619

7,714
23 , 062

7 379
22,618

6 865
20 , 23 1

7,783
21,289

7 823
23,282

59 , 930

54,138
24,884
,063
,030
,170
,135
,949
22,907

50,941
22,841
820
1,020
1,009
988
1,815
22,448

50 , 939

49,048
22 381

50,103
22 741

54,206
22 717

1,066
1,528

1,009
1,476

50 , 338
21,246
602
979
820
1,800
23,687

835
1,796
25,760

.

Private investors
Commercial bunks
Mutual savings banks
Insurance companies
Nonfinancial corporations .
Savings and loan associations
State and local governments
All others

28 010
1,231
1,188
1,258
1,309
2,103
24,831

£2, 878

750

1,073
1,281
1,011
1,870
22,076

710

968
1,724
20,671

717

1,204

923
1,715
21,522

19 75

614

1,061
1,423

1976

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

All holders

90 , 362

101,973

109,540

112,270

123,933

127,017

131,102

141,132

U S. Govt. agencies and trust funds
Federal Reserve Banks

7,871
21 ,288

7,626
28 , 440

6,632
30,685

' 7,058
30,518

6,674
3 1 , 045

6,500
29,939

5,726
30,531

6,141
31,249

61 , 203

65,907
28,415
,150
,549
,969
,239
,700
29,885

72,223
30,637

74,694
29 , 629
1 , 524
2,359
1,967
1,558
1,761
35,894

86,214
35,362

90,578
35,909
2,114
3,503
2,285
2,274
2,271
42 223

94,845 103,742
36,740
40 , 005
2,097
2,010
3,744
3,885
3,578
2,618
2,283
2,360
2,252
2,543
44 , 1 5 1 50,321

Privcite investors
Commercial banks
Mutual savings banks
Insurance companies
Nonfinancial corporations
Savings and loan associations
State and local governments ,
All others

26 503

743

1,357
1,805

995
1,590
28,210

1,447
1 ,836
1,856
1,509
1,749

33,190

1

i

1,924
3,100
1,865
2,120

2,040

39 , 803

F. 5- to 10-year maturities
Par valuu; millions of dollars; end of period

Type of holder

1970

Q4
AH holders
U.S. Govt. agencies and trust funds
Federal Reserve Banks
Private investors
Commercial banks
Mutual savings banks
Insurance companies .
Nonfinanciul corporations
Savings and loan associations
State and local governments
All others




19 72

19 71

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

22 554

27 199

24 , 503

22,397

29,321

26,349

26 852

29,148

29,143

3,877
6,046

4,289

4,093
5,907

3,620
5,411

4 , 676
7,702

4,828
5,719

4,906
5,913

5,366
6,102

5,487
6,109

12 631

16 732

14 , 503
5,592

13,366
4 883
449
915
65
480
703
5,871

16,943
6 847
499
993
301
587
783
6,933

15,802
5 944
502
1,036
119
623
795
6,783

16 033

17,680
5,742
482
1,022
167
621
837
8,809

17,547
5 654
469
976
121
605
816
8,906

4 474

339
849
242
281
774
5,672

6,178

6 553
519
944
219
487
958
7 052

514
924
110
495
844

6,024

5 688

502

1,027

135
608
749
7,324

151

32. U.S. Government marketable securities—Ownership, by maturity—Continued

F. 5- to 10-year maturities—Continued
Par value; millions of dollars; end of period

1973

Type of holder

Q2

Q3

Q4

22 , 356

31,111

31,103

25,134

4,992
4,133

5,369
9,358

5,452
9,391

4,389
7,504

4,573
7,987

13 , 231
4,018

16,384
4,728

16,260
4,716

13,241
4,022

14,405
5,106

1,271

1,278

1,278

1,016
8,371

8,387

6,372

Ql
All holders
U.S. Govt. agencies and trust funds
Federal Reserve Banks
Private investors
Commercial banks
Mutual savings banks
Insurance companies
Nonfinaneial corporations.
Savings and loan associations
State and local governments
All others

19 74

294
857
85
388
711

6,878

373

91
534

342

90
517
930

Q2

Q3

Q4

26,957

29,044

27,897

4,751
9,945

4,721
9 , 664

14,197
4,845

14,348
4,932

13,51?,
4,151

1,297

1,276

1,327

1,310

6,307

6,232

6,434

6,664

Q2

Q3

Q4

Ql

211

260
320
778

26,965

4,633 ;
8,127 i

230

218

356
372
737

528
360
738

19 75

177

302
320
856

174

IIS
282
815

19 76

Ql

Q2

Q3

Q4

All holders

29,255

26,830

25 436

26,436

35,561

44 , 029

43 , 045

U.S. Govt. agencies and trust funds
Federal Reserve Banks

3,998
10,485

4,309
7 137

3,951
5 971

3,283
6,463

3,082
7,766 i

3,039
8,353

2,540
10,242

2,879
9,148

Private investors
,
Commercial banks
Mutual savings banks. . . . . ,
Insurance companies
Nonfinancial corporations.
Savings and loan associations
State and local governments
All others

14,772
5,126

15 384
4,394

15 514
3,994

16,690
4,071

31 , 018
6,278

1,707

1,781

1 , 592

24,169
4,324
546
2,020
189
177
971
15,943

31,247
6,151

1,357

21,538
4,337
562
1,854
120
175
886
13,604 li

2,333

2,546

1,162
20 , 5 1 1

1 , 465
19,637

285

264
278
545

6,918

406

159
265
717

7,735

437

160
267
765

8,110

Ql

448

175
216
782

9,405

1

32,386

600
316
174

567
370
155

G, 10- to 20-year maturities
Par value; millions of dollars; end of period

19 72

19 71

1970

Type of holder

Q3

»

9 343

15 393

15 301

2 358

627

4 346
1,380

4,117
1,414

6 474

6 358

9 667

9 170

1,368

1,356

1,800

1,593

3,281

1,337
5,007

1,298
5 , 290

Q4

Ql

Q2

Q3

Q4

Ql

Q2

AH holders

8 556

8 513

8 455

8 404

9 530

9 419

U.S. Govt. agencies and trust funds
Federal Reserve Banks

1 748
229 |

1 774

1 775

1 775

2,319

2 346

Private investors
Commercial banks
Mutual savings banks
Insurance companies
Nonfinancial corporations
Savings and loan associations
State and local governments
All others

6 579

6 427

6 357

6 297

6 627

1,369

1,395

1 382

1 379

1,366

1,191
3,078

1,138
3,000

1,025
3,052

367
329

2
243

312

354
322

2
216

323

363
330

2
203

332
348
303

5
174
960

3,128

584

555
281

16
162
918

3,329

599

478
299
16
147
881

3,285

500
298
10
140
773

39
228

864
274

25
226

19 74

19 73

Ql

862
394

Q2

Q3

Q<

Ql

Q2

Q3

Q4

16,059

14,477

15,317

15,659

16,092

17,403

14,924

14,833

U.S. Govt, agencies and trust funds. . .
Federal Reserve Banks

4,592
1 477

4 319
1 417

4,879
1 522

5,019
1,577

5,284
1,648

5,719
1,753

4,673
1,433

4,670
1,453

Private investors
Commercial banks
Mutual savings banks
Insurance companies.
Nonfinancial corporations
Savings and loan associations
State and local governments .
All others . .

9 990
*928

8 741

8 916

9 063
1,065

9 160
1,023

9,931
1,010

8 818

8,710

1,661

1 319

1 326

1,301 !

1,278

1,329

1,311

1 , 297

1,217
5,554

1,095
5 006

1,054
5 178

151 '
1,003
5,189

5,448

1,031
6,032

5,372

5,479

AH holders

152




352

. .

59
219

792
276
39
214

808
279

64
207

300
54

254

53
191
913

259
56
214

778
229

51
193
884

733
202

26
173
800

32. U.S. Government marketable securities— Ownership, by maturity— Continued

G. 10- to 20-year maturities — Continued
Par value; millions of dollars; end of period

19 75
Type of holder

Q2

Q3

04

15,476

14.509

14,370

14,264

...

4,802
1 507

4,233
1 419

4,233
1 490

4,233
1 507

...

91 167

8 857

8 647

&1 524

Ql

All holders
U.S. Govt. agencies and trust funds
Federal Reserve B inks
Private investors
Commercial banks
Mutual savings banks
Insurance companies
Nonfinancial corporations
Savings and loa^i associations
State and local governments
All others,

722
195
1,336
M
23
' 166
, 918
5,806

...
.

19 76

. .
...

639
243
1,170
89
114
838
5,764

622
232
1 151
64
104
842
5,630

552
, 232
1 154
61
82
896
5,546

Q2

Q3

Q4

14 131

13 979

13 221

11 865

4 246
1 534

4 298
1 595

3 676
1 606

3 102
1 363

8 351

8 086

7 939

7 400
*339

Ql

517
220
1 150
56
88
832
5,488

494
197
1 134
54
81
802
5,325

451
184
1 117
60
69
760
5,299

139
1 114
142
64
718
4 884

Q3

Q4

1

H. Over-20-year maturities
Par value; millions of dollars; end of period
1

Type of holder

19 71

1970

19 72

Q4

Ql

Q2

Q3

,Q4

Ql

Q2

10 , 863

10,780

10 , 670

10,553

10,397

10 191

10,059

6,188

6 079

U.S. Govt. agencies and trust funds
Federal Reserve Banks

2,387
440

2 , 445
555

2,456
570

2,456
584

'2,456
601

2,456
607

2,514
622

1,544
134

1 530
136

Private investors
Commercial banks
Mutual savings banks
Insurance companies
Nonfinancial corporations
..
Savings and loan associations
State and local governments
All others

8,036
260
385
1 231
6
258
1 , 598
4 , 298

7 780

7,644
255
369
1 146
10
230
1,380
4,254

7 513

7 340

7 128

6 923

4 510

4 413

All holders

279
381
1 193
6
232
1,497
4,192

247
350
1 116
14
203
1,276
4,307

217
326
1 102
20
175
1,263
4,237

192
299
1 087
9
177
1 318
4,046

178
287
1 068
9
175
1,270
3,936

19 73

U S Govt. agencies and trust funds
Federal Reserve Banks

..

Private investors
Commercial banks
Mutual savings banks
Insurance companies
,.
Nonfinancial corporations
Savings and loan associations
State and local governments
All others

80
124
661
1
81
598
2,868

19 74

Q2

Q3

Q4

Ql

Q2

Q3

Q4

i 5,748

6,357

6,245

6,145

6,040

5,074

5,879

6,764

1 498
110

1 609
184

1 640
190

1 620
184

1 620
198

1 351

1 637
486

1 777
713

4 140

4 564

4 415

4 341

4 222

3 482

3,756
263
94
383
20
25
291
2,680

4 274

Q2

Q3

Q4

Ql
All holders . . . . . . .

72
190
674
4
83
672
2,815

' 74
136
574

74
529
' 2 752

175
149
581
12
80
441
3 126

258
143
539
15
80
350

3 030

272
131
523
15
45
332
3,023

290
151
501
14
50
323

2,893

241

250
102
389
13
25
246

2,457

280
88
351
59
23
332
3,141

19 76

19 75

Ql

Q2

Q3

All holders

6 850

8 403

9 435

10,530

11,066

11,857

13,249

14,200

U.S. Govt. agencies and trust funds
Federal Reserve Banks

1,651
1 ,119

1,990
1,801

2,002
2,210

2,053
2,601

2,089
2,904

2,115
3,090

2,401
3,587

2,350
3,642

4 080

4 612

5 223

5,876
271
112
436
57
22
558
4,420

6>073
236
115
418
66
16
724
4,498

5,652

7,261

8,208
427
143
548
55
13
904
6,120

Private investors
Commercial banks
Mutual savings banks
Insurance companies
Nonfinancial corporations
State and local governments
All others




.
...
..
...

'272
143
348
41
19
343
2,914

244
116
354
48
25
476
3,348

263
115
372
25
23
521
3,903

Q4

Ql

258
74
530
31
20
790

4,948

334
68
561
32
18
689
5,559

153

32.1 U.S. Government securities dealers
A. Transactions
Par value; averages of daily figures, in millions of dollars

1972

Item

U.S. Government securities

1973

1974

1975

19 72

1976
Jan.

Feb.

Mar.

Apr.

May

Ju'ic

10,449

3,191

3,260

3,177

2,990

2,542

2,452

2,930

3,439

3,580

6,026

2 122
137
422
IBB
63

2 484
'159
471
243
83

2 551
250
465
256
58

3 889
223 1
1,413
363
138

6 676
210
2,317
1,019
229

2,115
153
571
309
44

2,182
157
652
242
27

2,313
130
464
241
29

2,151
149
460
203
28

1,761
178
348
221
35

1 $69
)32
7,57
161
34

652
965 I
998
965

885
i 750
1 ' 45 1
1,941

1 360
3 407
2 426
3,257

879
391
1,120
801

913
363
1 , 170
815

800
437
1,060
881

704
450
1,002
835

589
164
821
767

545
355
759
793

962

1,042

1,548

623

611

459

609

484

411

By maturity:
Bills
Other within 1 year, . . ,
1' 5 years .
5-10 years
Over 10 years
By type of customer :
U.S. Govt securities dealers. , . .
U S Govt securities brokers
Commercial
banks
All others l
Federal agency securities

726
411
998
796

665 i
795 1
1 092
887

527

743

I 972

U.S. Government securities

1973

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

2 695

3,047

3 397

3,184

3,158

4,158

3,077

3,185

3.1H7

2 157
68
231
143
97

2,376
97
350
126
99

2,262
135
709
168
123

2,529
111
361
118
65

2,306
139
443
148
122

2,779
196
724
371
89

2 196
115
508
201
57

2.3B3
152
440
165
46

2 2*9
131
122
323
153

July

Aug.

Sept.

2 571

2 658

1 918
206
283
131
33

1 826
127
377
191
137

!

By maturity:
Bills
Other within 1 year
1=5 years
5-10 years
Over 10 years
..
By type of customer:
U.S. Govt. securities dealers. . . .
U.S. Govt. securities brokers. . . . .
Commercial banks
All others »
Federal agency securities

......

633
382
851
704

587
411 !
911
750

635
504
845
710

837
420
988
802

835
498
1 228
837

757
352
1,215
861

793
470
1,113
781

888
808
1,360
1 , 103

713
585
987
792

709
636
1,075
766

661
543
1,057
927

439

443

482

561

731

471

463

647

664

714

687

19 74

1973

U.S. Government securities

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

2,969

2,993

3,366

3,884

3 384

4,022

3,889

3,659

4,229

3,697

3,338

2,217
118
289
228
118

2,134
196
367
226
72

2,276
127
706
172
85

2,843
178
644
158
61

2,629
169
374
163
48

2,817
184
485
447
89

2,970
197
348
317
58

2,816
258
325
215
45

2,864
328
402
561
74

2,563
251
450
369
64

2,419
263
438
173
45

593
622
975
778

581
632
982
799

566
874
1,044
881

583
1,182
1,142
976

568
954
1,073
789

655
1,188
1,173
1,007

675
1,051
1,123
1,041

706
889
1,103
962

795
1,058
1,299
1,077

744
892 i
1,071 |
991 !

614
836
951
937

732

700

771

1 048

809

810

869

695

733

709

By maturity:
Bills.
Other within 1 year
1=5 years
5" 10 years
Over 10 years

. ...

By type of customer:
U.S. Govt. securities dealers. . . .
U.S. Govt. securities brokers
All others »
Federal agency securities

154




.

.

1 019 i

32.1 U.S. Government securities dealers—Continued
A. Transactions—Continued
Par value; averages of daily figures, in mitlions of dollars

;

Item

U S Govt securities

'

19 74

1975

May

June

July

Aug.

Set

Oct

Nov.

Dec.

Jan.

Feb.

Mar.

3,542

3,086

1,566

3,097

4, 118

3,5'n

3,977

4,111

5,416

5 770

4 467

2,337
308
693
133
72

2,268
281
385
111
41

1,854
260
348
66
38

2,183
224
388
238
64

3, 160
?7?.
*71
264
SO

2,6 n
1
4(48
1<n

2,698

so

86

2,923
203
550
369
67

3,270
225
1,514
303
104

3,157
196
1,521
711
185

2 622
190
994
464
197

711
905
991
935

693
759
877
757

490
685
681
710

554
876
789
878

584
1, 349
1, ")?!
1, 163

6(>7
1,0 37
9 '7
9 ?1

560
1,049
1,144
1,224

671
1,196
1,120
1,125

888
1,549
1,502
1,478

698
2,044
1,511
1,517

671
1,183
1,198
1,416

861

979

1 ,044

857

1 ?,?,8

1,1 SO

1,087

1,244

1,233

929

By maturity:
Bills
Other within 1 year
1—5 years
5=10 years
Over 10 years

635

By type of customer:
U.S. Govt. securities dealers
U.S. Govt. securities brokers
Commercial banks
All others * .
Federal agency securities

19 75

U.S. Govt. securities

1976

Apr.

May

7«ne

July

Au g.

Sep .

Oct,

Nov.

Dec.

Jan.

Feb.

5,197

6,419

5,732

4,675

S 183

5,5 f>7

8,714

7,594

7,586

9,509

8,329

3 510
172
1,096
285
134

3,861
320
1,615
466
158

3,437
308
1,484
372
132

3,165
136
1,131
172
71

3, ?3?
143
1, 340
333
134

3 8'*?
1<40
1,3 IS
L?8
<41

5 67?
255
2,332
309
144

5,221
298
1,353
534
189

5,676
243
1,270
278
120

6 755
294
1,765
569
126

5 615
248
1,553
755
158

704
1,450
1,242
1,801

981
1,917
1,454
2,067

801
1,689
1,336
1,906

669
1,294
1,100
1,613

74?
1, 40 S
18S
1, RSI

9 31
1,4 IS
1,1 37
2,0 34

1,271
2,675
1,839
2,929

1,070
2,176
1,875
2,474

1,190
2,217
1,977
2,201

1,265
3,118
2,192
2,935

951
2,387
2,196
2,795

904

1,049

1,217

778

845

7 87

1,250

1,217

1,059

1,417

1,163

Oct.

Nov.

Dec.

By maturity:
Bills
Other within 1 year
1_5 years
5—10 years
Over 10 years
By type of customer:
U.S. Govt. securities dealers
U.S. Govt. securities brokers
Commercial
banks
All others 1
Federal agency securities

197 £

Apr.

Ma y

Ju ne

J uly

Aug.

9,044

10,29 3

8,5 57

8, 582

S ,664

] 0,579

9,541

13,240

14,995

13,059

6 516
247
1,807
358
116

7 41 7
25 0
2,18 6
30 6
13 4

5 1 97
2 05
1,5 93
1 00
.63

6 203
212
1, 615
426
126

e 618
228
i ,771

946
100

5 999
171
2,548
1 498
363

5 691
137
2,487
956
270

7 425
180
3,084
2 252
300

8 565
170
4,034
1 804
422

7 511
172
3,355
1 653
368

1,308
2,777
2,276
2,683

1,34 1
3,15 0
2,42 6
3,37 6

S 52
2,S 07
2,1 28
2 * 71

1, 311
2, 543
1, 983
2, 744

i ,356
3 ,230
1.,079
-J. 999

1,401
3,284
2,355
3 539

1,273
2,889
2,239
3,140

1,633
4,768
2,957
3,883

1,873
5,389
3,279
4 454

1,650
4,444
2,999
3 966

1,185

1,66 5

1 131

1 118

371

1 557

1 616

2 230

2 096

2 025

Mar.
U.S. Government securities

Sept.

By maturity:
Bills
Other within 1 year
1—5 years.
5—10 years
Over 10 years

,

By type of customer:
U.S. Govt. securities dealers
U.S. Govt. securities brokers
Commercial hanks
All others *
Federal agency securities




155

32.1 U.S. Government securities dealers—Continued
B. Positions
Par value; averages of daily figures, in millions of dollars

1972

Item

U.S. Government securities. . ,
Bills
Other within 1 year
1"5 years
5=-10 years
Over 10 years
Federal agency securities

1973

1974

19 72

19 76

1975

|

Jati.

Feb.

Mar.

Apr.

May

June

4,933
4 329
'381
228
—32
27

3 573
3 299
414
20
— 131
29

4 257
3 5^4
505
84
102
18

422

551

3 733
3 S30
'l73
. ..,55
-99
"-16
e>31

4,282
3 657
427
115
17
66

3,105
2 665
381
-50
22
86

2,566
1,932
-6
261
296
84

5,884
4 297
265
886
300
136

7, S97,
6 •>QO
188
515
40?
198

5,5 61
4,14S
5 70
4 37
3 65
Q4

4,960
3 784
310
479
304
83

542

593

1,200

939

728

|j 47

554

1

489 |

3

19 72

U.S. Government securities
Bills
Other within 1 year
1- =5 years
5-10 years
Over 10 years
Federal agency securities

1973

July

Aug.

Sept.

Oct.

N ov.

De

Jan.

Feb.

Mar.

Apr.

May

3 253
3 156
471
— 146
-216
-11

3 905
3 212
158
41
130
363

4,386
4 217
157
—83
—58 [
153

3 333
3 125
327
29
—132
41

4 522
3 484
629
335
8
66

4 9 73
4 0 ?0
g 83
73
41
37

4 744
4 023
936
53
—259
97

3 394
2*835
530
a
—1
39

2 702
2 751
379
274
143
— 11

2 795
2 688
417
159
143
9

2 626
2 ' 203
393
324
179
175

356

409

546

834

5356

281

202

180

274

408

1973

U.S, Government securities
Bills
Other within 1 year
1=5 years
5=10 years
Over 10 years
Federal agency securities

. ..

19 74

June

July

Aug.

Sept.

0et.

No V.

Dee.

Jan.

Feb.

Mar.

Apr.

2 976
2 414
404
-165
91
232

1 901
1,634
428
-250
—43
131

1 788
1,749
228
-94
— 107
12

3 201
2 804
154
316
— 111
38

3 073
2 588
270
93
56
67

3 6 17
2,8 91
21|
95
3 so
139

4 441
3 468
229
223
396
124

3 653
3 112
' 98
51
262
130

4 081
2 459
248
537
647
190

2 587
2 002
147
50
287
102

I 53<s
1 436
141
-121
62
17

744

511

273

799

904

1 18S

1 400

1 324

1 435

1 045

719

1974

Federal agency securities

..

1975

June

July

Aug.

Se pt.

Oc

Nov.

Dee.

Jan.

Feb.

Mar.

491
409
g
-33
66
41

587
587
— 140 i
51
73
16

254
475
—256
=52
85
3

2 432
2 088
273
215
337
66

3 033
2_^ 505
187
329
328
59

2 8 37
2*2 (6
67
4 70
347
71

4 478
2 906
92
714
602
163

4 «2l
2*995
105
974
553
195

4 634
2 603
86
1 236
597
111

5 588
1*482
176
1 1HO
*S36
213

5 737
3 , 221
210
1 , 486
618
I9B

788

1 200

908

1 041

1 190

1 414

1 530

1 803

1 531

1 469

1 444

May

U.S. Government securities
Bills
Other within 1 year
1=5 years
5=10 years. . . . . .
Over 10 years

19 76

1975

U.S. Government securities, . . . .
Bills
Other within 1 year
1-5 years
5=10 years
Over 10 years
Federal agency securities

3S6

Apr.

May

June

July

AiJg-

Sep t.

Oct.

Nov.

Dec.

Jan.

4,453
2 837
286
1,036
218
77

6,332
4 579
338
1,094
248
73

6,768
5 418
505
748
100
_3

5 736
4 491
487
775
47
—64

5 S01
4 292
199
609
262
138 '

5,7 1ft
5,1 79
8S
4 10
56
39

7,323
5 843
176
1,091
111
102

6,752
4,675
336
640
594
506

6,061
4 984
290
322
218
247

6,304
5,081
205 1
449 i
398 1
170

937

896

790

626

s79

498

953

984

610

'

696

Feb.
6,263
5,213
204
381
223
183
602

1976

Mar.

Apr.

Maj

Jur e

Jiily

J Vug.

Sept.

'

Oct.

Nov.

Dee.

- -.!
:

U.S. Government securities
Bills
Other within 1 year
1=5 years
5-10 years
Over 10 years
Federal agency securities

156




6,884
6 107
253
286
122
116

6,73: J
6 12 j
20(3
19 3
13 L
84

5,2 72
4 6 71
1 81
2 32
i 26
62

5, 895
5 331
159

->si

144
11

7 ,118
6 208
162
254
466
29

537

50 *

183

335

568

8,511
6 825 1
123
493 1
624 i
446

9,496 i
7,988
164
530
510
304

806

867

i

8,046
6,213
228 .
672
695
237

9,744
7,321
161
1,102
789
373

10,841
8 , 394
155
1,337
596
3SM

1,095

1,110

1,435

32.1 U.S. Government securities dealers—Continued
B. Positions—Continued
Par value; averages of daily figures, in millions of dollars
1976, week ending Wednesday—

Item

U S. Government securities.
Bills
Other within 1 year
1—5 years
5—10 years . .
Over 10 years
Federal agency securities.

Jan. 7

Jan. 14

Jan. 21

Jan. 28

Feb. 4

Feb. 11

Feb. 18

Feb. 25

Mar. 3

5,969
4,806
226
461
257
220

7 ,551
6 ,342
199
440
367
202

6 ,627
4 lt 992
178
643
643
171

5,372
4,366
196
350
340
120

5,882
5,054
290
177
246
115

6,967
5,281
309
761
356
259

6,977
6,082
201
309
199
186

5,765
4,932
264
270
151
149

5,282
4,703
196
138
102
144

7,079
6,172
242
454
94
117

6,666
6,316
265
-115
102
98

795

720

723

600

638

658

605

564

476

443

463

May 12 May 19 May 26

June 2

Mar. 10 Mar. 17

1976, week ending' Wednesday-

U.S. Government securities
Bills
Other within 1 year
1—5 years . . . . ,
5—10 years
Over 10 years, . .
Federal agency securities

Apr. 14 Apr. 21 Apr. iB

Mar. 24 Mar. 31

Apr. 7

7,096
6,288
284
286
128
111

7 ,446
6 ,262
253
611
186
133

1762
7,092
236
194
136
104

8,109
7,336
218
257
174
124

7,154
6,540
187
202
151
74

4,803
4,399
180
96
79
50

5,180
4,632
153
251
114
30

5,989
4,998
187
419
227
158

4,905
4,383
168
115
165
74

4,624
4,153
199
234
29
9

5,827
5,702
151
-28
16
-14

464

812

572

499

520

408

401

272

181

29

61

May 5

1976, week ending WednesdayJune 9
U S. Government securities ,
Bills
Other within 1 year
1—5 years
5—10 years
Over 10 years , . .
Federal agency securities

June 16 June 23 June 30

July 7

July 14

July 21

July 28

Aug. 4

Aug. 11 Aug. 18

6,040
5,432
137
391
74
5

6 ,530
6 ,016
130
265
97
23

5,306
4,746
158
277
112
14

5,669
4,894
222
192
350
11

6,971
5,697
218
75
975
6

7,014
6,001
183
163
609
,58

6,800
6,181
123
186
272
38

7,626
6,787
148
461
209
21

7,800
6,819
132
568
284
-2

8,783
6,725
160
607
853
437

8,201
6,240
132
399
781
649

164

315

451

520

481

517

703

558

519

753

771

1976, week endin'g Wednesday —

U.S. Government securities
Bills
Other within 1 year
....
1— 5 years

5—10 years
Over 1 0 years
Federal agency securities

Sept. 15 Sept. 22 Sept; 29

Oct. 6

Oct. 13

Oct. 20

Oct. 27

Nov. 3

10,097
8,650
160
593
457
237

8,751
7,599
214
248
443
246

9,007
7,114
173
543
916
262

7,731
5,614
221
769
838
290

7,716
5,823
202
677
732
282

7,984
6,331
292
716
480
165

7,740
6,385
224
504
492
135

957

767

1,121

1,302

1,118

939

912

Aug. 25

Sept. 1

Sept. 8

8,211
6,609
87
488
514
513

9 ,517
7 ,949
94
509
515
449

9,963
8,259
92
637
571
404

9,244
7,631
194
597
478
344

894

1,052

910

774

1976, week ending Wednesday—

Nov. 10
U.S. Government securities
Bills
...
...
Other within 1 year
1—5 years. . „
5—10 years
Over 10 years
Federal agency securities




1

Nov. 17

Nov. 24

Dec. 1

11,115
8,211
230
1,250
1,101
323

9,753
7,336
118
953
892
453

9,511
7,057
107
1,275
635
438

9,188
6,829
170
1,256
553 !
380

855

951

1,356

1,434

Dec. 8

Dec. 15

Dec. 22

Dec. 29

11,090
8,480
161
1,483
591
375

11,452
9,521
119
918
554
341

10,248
8,174
113
1,108
514
339

11,310
8,250
217
1,815
649
379

1,521

1,415

1,515

1,349

157

32.1 U.S. Government securities dealers—Continued

C. Sources of financing
Par value; averages of daily figures, in millions of dollars

1972

Source

All sources
Commercial banks:
New York City
Outside New York City
Corporations 1
All other

.. . .

1973

1974

1975

1972

1976
Jan.

Feb.

Mar.

Apr.

May

June

4 073

1 $04

1 107
931
755
1 280

1 016
818
H04
1 ii07

4,201

3,604

3,977

6,666

8,715

5,714

5,205

4,662

3 400

1,292
713
905
1,292

1,227
659
467
1,252

1,032
1,064
459
1,423

1,621
1,466
842
2,738

1,896
1,660
1,479
3,681

1 296 i
904
1,750
1,763

1 456
719
1,344
1,686

1 347
907
949
1 , 459

1 044
746
657
953

19 72

All sources
Commercial banks:
New York City
Outside New York City
Corporations l
All other

:

1973

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

3 055

4 021

4 379

3 055

4 198

4 848

4 520

3 415

2 799

3 032 i

2 667

753
496
820
986

1,356
580
927
1 158

1,633
599 i
705
1 442

1,227
406
490
932

1 538
617
709
1 334

1,695
810
944
1 399

1,346
794
932
1 449

1,063
455
490
1 408

903
292
281
1 322

935
513
311
1 273

674
452
252
1 29 1

1973

19 74

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

All sources

3 769

2 826

2 318

4 244

3 721

4 469

5 468

4 802

4 837

3 817

2 449

Commercial banks :
New York City
Outside New York City
Corporations l
All other

1,242
690
431
1,405

725
544
510
1,047

1,620
877
441
1,306

1,253
918
328
1,223

1,809
900
570
1,190

2,322
1,147
671
1,329

1,747
1,253
658
1,144

1,545
1,501
533
1,257

1 , 196
952
485
1,185

600
728
287
8"H

,

829 5
327
386 1

111

1975

19 74

All sources
Commercial banks :
New York City
Outside New York City
Corporations 1
All other

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar

1,637

2,477

1,710

4,138

4,709

4,621

5,626

6,902

6,184

6,295

6,881

26
486
213
913

241
884
268
1 083

6
596
216
892

988
1,248
548
1 354

1 312
1,247
480
1 671

1,194
1,003
571
1 853

1,466
1,245
561
2 355

2,060
1,619
691
2 533

1,454
1,277
864
2 589

1,672
1,077
714
2,831

1,879
1 , 659
838
2,513

1976

1975

All sources
Commercial banks:
New York City
Outside New York City.
Corporations 1
All other.

. ..

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

5 696

6 656

7,682

6 594

6,167

6,576

6,940

7,215

7,107

6,766

6.70U

1,655
1,326
583
2,132

1,684
1 567
452
2,953

1,955
1 979
737
3,012

1,365
1 435
929
2,865

1,009
I 148
1 120
2,891

1,160
1,640
972
2,804

1,658
1,792
817
2,673

1,958
1,393
991
2,873

2,001
1,304
1,086
2,716

1,756
1,337
1,147
2,525

1,705
850
1,017
3,128

19 76

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

All sources

7 175

7 587

C* 089

7 326

7 771

9,264

10,828

9,432

11,613

14,025

Commercial banks:
. .
New York City
Outside New
York
City
........
Corporations 1 .
,.
All other

1 865
1,138
1,225
2 947

1 966
1,734
1,126
2 761

1 346
1,026
975
2 742

1 819
1,494
1,258
2 756

1,495
1,522
1,569
3,186

1,671
1,600
1,879
4,114

2,074
1,949
1,715
5,090

2,038
2,038
1,523
3,835

2,453
2,397
1,871
4,893

2,560
2,839
2,437
6,189

158




| Nov.

Dec.

32.1

U.S. Government securities dealers—Continued

C Sources of financing—Continued
Par value; averages of daily figures, in millions of dollars
1976, week ending Wednesday-

Source

Jan. 7

Jan. 14

Jan. 21

Jan. 28

All sources

6,541

7,275

7,266

5,707

Commercial banks:
New York City
Outside New York City.
Corporations *
All other

1,514
1,313
1,138
2,576

2,165
1,573
1,375
2,163

1,881
1,762
1,172
2,451

1,466
769
984
2,488

Feb. 4

Feb.11

Feb.18

Feb. 25

Mar. 3

Mar. 10

7,075

6,370

7,438

6,405

6,059

7,030

1,721
1,037
908
3,409

1,842
960
935
2,634

1,734
1,084
1,037
3,583

1,535
544

1,503
627
1,181
2,749

2,223
870
1,273
2,664

1,059
3,268

1976, week ending Wednesday-

Mar. 17 Mar. 24 Mar. 31

Apr. 7

Apr. 14 Apr. 21 Apr. 28

May 5

May 12 May 19 May 26

AH sources

7,489

7,175

7,666

7,929

8,603

8,309

6,016

5,448

6,721

6,511

5,561

Commercial banks:
New York City
Outside New York City,
Corporations *
All other

2,340
1,266
1,243
2,640

1,681
1,107
1,238
3,149

1,501
1,570
M71
3,425

2,249
1,790
1,244
2,646

2,146
2,483
1,625
2,348

2,108
1,629
894
3,678

1,579
1,257

1,013
863
739
2,832

1,717
1,312
787
2,905

1,464
1,121
971
2,955

1,277
905
1,051
2,328

837

2,342

1976, week ending WednesdayJuly 7

July 14

July 21

July 28

Aug. 4

Aug. 11

5,887

6,609

7,852

8,280

7,870

8,782

8,951

826
1,050
1,037
2,974

1,271
1,170
1,170
2,998

1,947
1,802
1,577
2,526

1,572
1,748
1,494
3,465

1,262
1,335
1,807
3,466

1,225
1,555
1,974
4,027

1,751
1,950
1,897
3,353

Sept. 15 Sept. 22 Sept. 29

Oct. 6

Oct. 13

Oct. 20

Oct. 27

9,422 I 9,342

9,200

9,455

1,833
2,443
1,525
3,540

2,008
2,014
1,555
3,624

2,333
1,828
1,516
3,778

Dec, 22

Dec. 29

June 16 June 23 June 30

June 2

June 9

All sources

6,351

7,251

9,344

6,953

Commercial banks:
New York City
Outside New York City.
Corporations 1
All other

1,404
974
1,390
2,583

1,747
1,574
1,334
2,597

3,199
2,049
1,404
2,692

1,455
1,370
1,220
2,908

1976, week ending Wednesday—

Aug. 18 Aug. 25

Sept. 1

All sources

8,919

9,150

10,541

10,996

10,905

10,715

10,886

Commercial banks:
New York City
,
Outside New York City.
Corporations 1.
All other

1,661
1,637
1,810
3,812

1,618
1,344
1,793
4,397

1,951
1,497
1,984
5,110

2,182
2,202
1,963
4,650

2,501
2,474
2,027
3,902

2,005

1,733
1,449
1,461
6,243

1,814

1,435
5,461

1,963
1,816
1,507
4,136

1976, week ending Wednesday—

Nov. 3
All sources

10,024

Commercial banks:
New York City
Outside New York City.
Corporations *
All other

2,131
1,914
1,470
4,509




Nov. 10

Nov. 17

Nov. 24

Dec. 1

Dec. 8

Dec. 15

12,087

11,444

12,000

11,739

13,661

14,978

13,946

13,990

,812
,171
,872
,232

2,405
2,256
1,942
4,842

2,307
2,409
2,054
5,231

2,362
2,050
1,815
5,512

2,522
2,945
2,545
5,649

2,694
3,185
2,843
6,256

2,742
2,946
2,437
5,821

2,379
2,515
2,100
6,997

159

33. Debt of Federal and Federally sponsored credit agencies
Millions of dollars, end of period

1972

Agency

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Get,

Federal and Federally sponsored agencies. . . .

50 429

51 315

51,481

51 954

52 , 508

52 824

52 692

53 306

54 007

54 184

Federal agencies

10 562

11,129

11,027

20 984

7/ 255

10 936

10 895

// 429

11 451

/; 414

1,629
1,418
469

1 622
1,716
466

1,611
1,619
462

1 603
1,619
457

1,595
1,819
456

I 588
1,819
454

1 580
1,817
458

1 573
2,358
458

1 565
2,325

\ 557
2 325
462

5,390

5,390
250
1 685

5,390
250
1,695

5,370
250
1 685

5,370
250
1 765

4,920
250
1 855

4,885
250
1 905

4,885
250
1,905

4,885
250
1 965

4,885
250
1 995

40,186 40,454
6 737
6 735
815 1
815
17,814 17,992
7,343
7,343
5,621
5,717
1 853
1,849

40 970
6 734
815
18,131
7 539
5,906
1 842

41 , 253
6 534
1,315
17,960
7 539
6,041
1 861

41 , 888
6 533
1,315
18,560
7 539
6,139
1,799

41 , 797
6 532
1,315
18,194
7 816
6,193
1 744

41,877
6 531
1,315
18,315
7,816
6,171
1,726

42,556
6 531
1,315
18,939
7,955
6,087
1,726

42 , 7 JO

3

3

3

3

3

3

3

3

.

...

...

....

Defense Department 2' 3 . .
Export-Import Bank Federal Housing Administration 4
Government National Mortgage 6 Association participation certificates
Postal Service 6
Tennessee Valley Authority
United States Railway Association*1 . . .

1 656

39,867
Federally sponsored agencies
1 140
Federal home loan banks
,.
615
Federal Home Loan Mortgage Corporation.
Federal National Mortgage Association. . . . 17,442
7,220
Federal land banks
5,567
Federal intermediate credit banks
1 880
Banks for cooperatives

3

Other

3

MI-MO ITEMS :
Federal Financing Bank debt fi» 8

461

6 614
1,315
18,724
8 181
5,976
1 859

. . . .

Lending to Federal and Federally sponsored
agencies :
Export-Import Bank a
Postal Service"
Student Loan Marketing Association 7
Tennessee Valley Authority
...
...
United States Railway Association 6

.... .

Other lending: a
Farmers Home Administration . . . .
Rural Electrification Administration
Others . . .

1973

19 72

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Federal and Federally sponsored agencies .

55,159

55,308

55,817

56,575

57,347

58 , 964

60,747

61,689

63,872

65,798

Federal agencies . . , .

11,855

21,761

11 , 779

11,770

11 , 798

11,076

11,033

11,102

11,209

11,406

1 550
2,625
460

1 535
2,625
456

1,527
2,623
454

1 *>19
2,621

455

1,511
2,620
452

1,502
2,234
445

1,494
2,221
413

1,484
2,221
412

1,482
2,218
419

1,470
2,518
420

4,855
250
2,115

4,830
250
2,065

4,830
250
2,095

4,830
250
2,095

4,830
250
2,135

4,480
250
2,165

4,480
250
2,175

4,480
250
2,255

4,445
250
2,295

4,445
250
2,303

43,304
6 971
1,290
19,040
8 181
5 896
1,923

43,547
6 970
1,366
19,238
8 181
5 828
1,961

44 , 038
6,970
1,482
19,253
8,447
5,915
1,968

44 , 805
7 221
1,533
19,403
8 452
5 991
2,202

45 , 549
7,220
1,533
19,986
8,497
6 100
2,210

47,888
8,415
1,534
20,057
9,058
6 337
2,484

49,714
9,615
1,934
20,226
9,058
6,486
2,392

50,587
10,215
1,934
20,366
9,058
6,673
2,338

52,763
11,213
1,934
20,843
9,610
6,776
2,384

3

3

3

3

3

3

3

3

3

54,393
12,562
1,934
21,187
9,612
(» , 758
2,336
"%

....

....

Defense Department2 * 11
Export-Import Bank Federal Housing Administration 4
Government National Mortgage Association participation certificates »
Postal Service 6
Tennessee Valley Authority
United States Railway Association s
Federally sponsored agencies. .
...
...
Federal home loan banks
Federal Home Loan Mortgage Corporation.
Federal National Mortgage Association 7 . . .
Federal land banks
...
Federal intermediate credit banks
Banks for cooperatives
Student Loan Marketing Association *
Other
MEMO ITEMS:
Federal Financing Bank debt 6 - 8 . . . ;
Lending to Federal and Federally sponsored
agencies:
Export- Import Bank 3
Postal Service B
Student Loan Marketing Association 7
Tennessee Valley Authority
United States Railway Association 8
Other lending: •
Farmers Home Administration
Rural Electrification Administration
Others. .

160



........

.

.

::::::
!. . .

:........
: :: :; : :

33. Debt of Federal and Federally sponsored credit agencies—Continued
Millions of dollars, end of period
1973

Agency

1974

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

Federal and Federally sponsored agencies

68,100

70 ! 768

71,052

71,415

71,13$

70,833

71,832

73,133

74,606

78,196

Federal agencies

1 1,426

J 1,455

11,749

11,575

11,586

11,568

11,952

11,999

11,971

12 100

1,462
2 518
419

1,448
2 518
419

1,445
2 818
416

1,439
2 646
415

1,428
2 643
410

1,420
2 643
408

1,415
3 043
409

1,407
3 043
412

1,398
2 897
410

1,382
2 894
408

4,425
250
2,352

4", 425
250
2,395

4,415
250
2,405

4,390
250
2,435

4,290
250
2,465

4,390
250
2,457

4,390
250
2,445

4,370
250
2,517

4,370
250
2,646

4,370
350
2,696

Federally sponsored agencies .
...
56 674
14,062
Federal home loan banks
Federal Home Loan Mortgage Corporation . 1,934
Federal National Mortgage Association. . . . 21,597
9 612
Federal land banks
6,880
Federal intermediate credit banks
2 586
Banks for cooperatives
7
Student Loan Marketing Association . .
3
Other

59,313
15,362
1,934
22,243
10 062
6,961
2 748

59 , 303
15,362
1,784
22,404
10 065
6,956
2 729

59 , 840
15,362
1,784
23,002
10 062
6,932
2 695

59,549
14,562
1,784
23,131
10 272
7,031
2 766

59 , 265
1 3 , 906
1,783
23,093
10,506
7,121
2 853

59 , 880
13,906
1,783
23,517
1 1 , 506
7,263
2 902

61,134
13,902
1,783
24,029
11 067
7,514
2 836

62 , 635
15,055
1,783
24,317
11,067
7,708
2,700

3

3

3

3

3

3

3

66 , 096
16,839
1,783
25,232
11 067
7,995
2 475
100
3

2

602

.... ,

Defense Department 1
Federal Housing Administration 4
Government National Mortgage6 Association participation certificates
Postal Service R
. .
Tennessee Valley Authority
United States Railway Association6. . . .

3

MEMO ITEMS:
Federal Financing Bank debt 6 - 8
Lending to Federal and Federally sponsored
agencies:
Export-Import6 Bank 3
Postal Service
. . .

500
100

'

Tennessee Valley Authority
Other lending :»
Farmers Home Administration
Rural Electrification Administration
Others . .
....

2

2
19 75

19 74

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

Federal and Federally sponsored agencies

80 , 700

82,256

85,447

87 , 562

87,818

89 , 149

89,657

88,162

88,632

89,437

Federal agencies .

12,075

12,123

12,202

12,270

12,327

12,488

12,534

12,296

12,338

12,401

1 374
2,893
403

1 370
2,893
405

1 358
2,893
411

1 343
2,893
414

1,334
2,893
434

1,326
2,893
440

1,331
2,893
461

1,324
2,593
462

1,316
2,593
475

1,294
2,593
480

4,340
350
2,715

, 4,340
450
2,665

4,340
475
2,725

4,340
455
2,825

4,311
455
2,900

4,286
470
3,070
3

4,286
470
3,090
3

4,286
470
3,145
16

4,286
470
3,195

4,286
480
3,265
3

68 625
Federally sponsored agencies
17,997
Federal home loan banks
Federal Home Loan Mortgage Corporation. 1,783
Federal National Mortgage Association. . . . 25,878
12,006
Federal land banks
8,356
Federal intermediate credit banks
2,503
Banks for cooperatives
100
Student Loiin Marketing Association 7
Other.

70 , 133
18,536
1,582
26,640
12,007
8,518
2,648
200
2

73 , 275
20,631
1,582
27,312
12,007
8,655
2 861
225

75 292
22,065
1,582
27 , 543
12,653
8,647
2,883
205
2

75 , 491
21,486
1,582
28,033
12,653
8,609
3,323
205
2

76 , 661
21,890
1,551
28,167
12,653
8,589
3,589
220

77,123
21,786
1,551
28,029
13,247
8,606
3,682
220
2

75 , 866
20,826
1,551
27,730
13,247
8,670
3,620
220
2

76 , 294
20,764
1,551
28,232
13,252
8,810
3,463
220

77,036
20,741
1,550
28,256
13,802
9,133
3,322
230
2

2,043

2,797

3 653

4,253

4,474

5,236

5,897

6,697

7,332

500
200
100

500
225
320

500
205
650

500
205
725

500
220
895
3

500
220
965
3

500
220
1,020
16

500
220
1,070
3

500
230
1,140
3

1,000

1,500

2,000

2,500

2,500

243

252

298

323

356

3,000
209
339

3,500
211
430

4,000
219
685

4,500
225
734

..

Defense Department 2* 3
Export-Import Bank Federal Housing Administration 4
Government National Mortgage5 Association participation certificates
Postal Service 6
Tennessee Valley Authority
United States Railway Association 8

MEMO ITEMS:
Federal Financing Bank debt 6 > 8
Lending to Federal and Federally sponsored
agencies :
Export-Import6 Bank 3
Postal Service
Student Loan Marketing Association'.
Tennessee Valley Authority
United States Railway Association 6
Other lending; *
Farmers Home Administration
Rural Electrification Administration
Others




1,424

500 ,
100
100
500

224'

1

161

33. Debt of Federal and Federally sponsored credit agencies—Continued
Millions of dollars, end of period
19 75

Agency

19 76

May

June

July

Aug.

Sept.

Oc,.

Nov.

Dec.

Jan.

Federal and Federally sponsored agencies

92,821

93,973

94,790

94,601

95,443

96,628

96,984

97 , 680

99,114

98,010

Peder&l agencies

17 769

17 959

17,978

18 020

18 460

18 640

18 751

19 046

19 962

20 054

1 283
6,642
485
4,260

1 276
6,642
487
4,260

1,269
6,642
505
4,225

1 264
6,642
517
4,225

1 256
6,975
534
4,225

1,242
6,975
544
4,225

1,233
6,975
549
4,225

1 220
7,188
564
4,200

1 211
7 188
570
4,200

1 203
7 188
*H4
4,200

1,750
3 335
14

1,750
3 510
34

1.750
3 520
67

1,750
3 540
' 82

1,750
3 605
'l!5

1,750
3 755
*149

1,750
3 835
184

1,750
3 915
209

2,550
4 010
233

2 ^50
4 030
299

75 , 052
Federal home loan banks
19 465
Federal Home Loan Mortgage Corporation. 1,550
Federal National Mortgage Association. . . . 27,664
13,802
Federal intermediate credit banks
9 338
Banks for cooperatives
3*001
Student Loan Marketing Association *
230
2
Other . ,
....
...

76.014
19 399
1,551
28,237
14 192
9 497
2 896
*240
2

76 , 81 2
19 447
1,530
28,419
14,582
9 685
2 907
*240
2

76 , 581
18,740
1,550
28,720
14,582
9 808
2,939
240
z*u

76,983
18 722
1,550
28,935
14,582
9 7go
3 137
275
2

77,988
18 719
1,550
29,372
15 000
9 631
3 424
290
2

78 , 23 3
18 874
1,550
29,319
15 060
9 443
3*685
300
2

78,634
18 900
1,550
29,963
15,000
9 254
3 655
310
2

79,152
18 857
1,550
29,809
15,469
9 317
3 833
315
2

77,956
17 740
1,550
29,759
15,346
9 3€4
3 S30
315
2

. ..

Defense Department l
.
Export-Import Bank 2 ''
Federal Housing Administration *
Government National Mortgage fi Association participation certificates
Postal Service 9
Tennessee Valley Authority
. ..
United States Railway Association*

MEMO ITEMS:
Federal Financing Bank debt

6< 8

Feb.

12,983

13,301

13,897

14,593

15,223

15,949

16,686

17,154

19,346

20,197

Lending to Federal and Federally sponsored
agencies :
Export-Import Bank 3
Postal Service*
Student Loan Marketing Association7
Tennessee Valley Authority
United States Railway Association*

4 049
I 500
'230
1,210
14

4 049
1*500
'240
1 435
34

4 049
1 500
'240
1 445
67

4 049
1 500
*240
1,465
82

4,382
1 500
'275
1,530
115

4,382
1 500
290
1,680
149

4,382
1 500
300
1,760
184

4 595
1 500
*310
1,840
209

4,595
2 300
'315
1,935
233

4,595
2 ICO
'315
1,955
299

Other lending: a
Farmers Home Administration
Rural Electrification Administration
Others
,

5,000
232
748

5 000
255
788

5 500
300
796

6,000
398
859

6,000
453
968

6,500
470
978

7,000
530
1,030

7,000
566
1,134

7,500
593
1,875

7 , 500
61B
2,615

Aug.

Sept.

Oct.

Nov.

Dec.

19 76

Mar.

Apr.

May

Federal and Federally sponsored agencies

98,704

99,888

97,981

99 , 855 100,839 101,724 102,456 103,865 103,415 103,308

Federal agencies

20 395

20 222

20 679

20 848

21 029

21 , 453

21 , 895

22,676

22 ,645

22,419

Defense Department 2* 3
Export-Import Bank '
Federal Housing Administration 4
Government National Mortgage6 Association participation certificates
Postal Service e
Tennessee Valley Authority
United States Railway Association 8

1,194
7 418
'587

I 184
7 418
586

1 176
7 418
*S84

1,171
7 578
581

1,164
7 578
584

1,152
7 945
582

1,136
7 728
578

1,128
8,353
589

1,117
8,336
585

1,113
8,574
575

4,200
2 550
4,090
356

4,180
2 550
4 225
79

4,180
2 998
4,240
83

4,180
2 998
4,255
85

4,145
2 998
4,470
90

4,145
2 998
4,535
96

4,145
3,498
4,713
97

4,145
3,498
4,865
98

4,145
3,498
4,865
99

4,120
2,998
4,935
104

federally sponsored agencies ...
. .
Federal home loan banks
Federal Home Loan Mortgage Corporation.
Federal National Mortgage Association. . . .
Federal land banks
Federal intermediate credit banks
..
Banks for cooperatives
Student Loan Marketing Association '
Other

78 309
17,710
1,550
30,021
15,346
9 557
3 808
315
2

79 666
17,714
1,550
30,147
16,060
9 931
3 917
345
2

77 302
17,110
1,550
29,804
16,060
9 078
3 343
*355
2

79 , 007
17,140
1,550
29,863
16,060
10 298
3 694
'400
2

79,810
17,102
1,550
29,845
16,566
10,595
3 745
405
2

80 , 271
17,113
1,150
30,429
16,566
10,687
3 919
405
2

80,561
17,061
1,150
30,685
16,566
10,791
3,901
405
2

81,189
17,122
1,150
30,656
17,124
10,712
4,023
400
2

16,807
1,150
30,413
17,127
10,669
4,207
395
2

80,889
16,811
1,150
30,565
17,127
10,494
4,330
410
2

MEMO ITEMS:
Federal Financing Bank debt *• 8

21,709

22,084

22,735

22,411

24,149

25,052

25,888

26,636

27,028

28,711

Lending to Federal and Federally sponsored
agencies :
Export- Import Bank 3
Postal Service6
Student Loan Marketing Association'
Tennessee Valley Authority
United States Railway Association *

4,825
2 300
315
2 015
356

4,825
2 300
345
2 150
79

4,825
2,748
355
2 165
83

4,985
2,748
400
2 180
' 85

4,985
2,748
405
2 495
90

4,985
2,748
405
2,560
96

4,768
3,248
405
2,738
97

4,768
3,248
400
2,810
98

4,768
3,248
395
2,890
99

5,208
2,748
410
3,110
104

Other lending: •
Farmers Home Administration
Rural Electrification Administration
Others

8 000
657
3,241

8 500
810
3,075

8 800
856
2,903

8,800
1,114
2,099

9,200
1,164
3,062

9,650
1,215
3,393

9,650
1,514
3,468

10,250
1,573
3,489

10,250
1,674
3,704

10,750
1,768
4,613

162



.. .

June

July

! 80,770

34. New security issues of State and local governments and corporations
Millions of dollars

1972

Type of issue or issuer, or use

1973

1974

1975

1972

1976
Jan.

Feb.

Mar.

State and local government

By type of issue:
General obligation
.
Revenue
Housing Assistance Administration 2 .
U S Government loans

.....

By type of issuer :
State
Special district and statutory authority •
...
Municipalities, counties, townships, school districts.

23,653

23,969

24,315

30,607

35,313

1,776

2,005

2,239

13,305
X332
959
57

12,257
10,632
1,022
58

13,563
10,212
461
79

16,020
14,511

18,040
17,140

1,120
654

1,049
951

76

133

2

5

1,289
720
225

4,991
9,482
9,125

4,212
9,493
10,205

4,784
8,638
10,817

7,438
12,441
10,660

7,054
15,304
12,845

639
545
590

354
977
669

434
953
847

22,023

22,342

23,508

29,495

32,108

1,694

1,928

2,049

4,977
2,989
4,671
3,785
299
5,302

4,311
2,804
5,603
4,588
571
4,465

4,730
1,712
5,634
3,820
494
7,118

4,689
2,208
7,209
4,392
445
10,552

4,900
2,586
9,594
6,566
483
7,979

377
264
438
230
7
378

531
288
429
356
22
302

463
275
346
426
24
515

Issues for new capital:
Total
By use of proceeds ;
Education
. ....
Transportation
,
Utilities and conservation . . .
Social welfare
Industrial aid
,
Other purposes

• ••
*.
....

Corporate
All issues s
Bonds
By type of offering :
Public
Private placement

.
.

By industry group :
Manufacturing
..
Commercial and miscellaneous
Transportation
Public utility
.
Communication
Real estnte and financial
.
Stocks
By type:
Preferred
Common

.
.,

.

By industry group :
Manufacturing
Commercial and miscellaneous . . .
Transportation
Public utility .
Real estate and




financial

.

.

,

40,228

32,025

38,311

53,617

53,356

2,976

3,279

3,071

26,132

21,049

32,066

42,756

42,262

2,059

2,142

2,077

17,425
8,706

13,244
7,802

25,903
6,160

32,583
10,172

26,453
15,808

1,484
575

1,825
318

1,569
508

4,560
2,526
1,258
6,349
3,709
7,728

4,199
1,318
1,084
5,578
3,523
5,344

9,867
1,845
1,550
8,873
3,710
6,218

16,980
2,750
3,439
9,658
3,464
6,469

13,243
4,361
4,357
8,297
2,787
9,222

325
156
124
417
453
584

432
57
86
383
438
747

362
188
150
383
205
788

14,095

10,979

6,247

10,863

11,094

916

1,136

994

....

3,370
10,725

3,337
7,642

2,253
3,994

3,458
7,405

2,789
8,305

303
613

197
939

303
691

1,883
2,786
148
4,966
1,126
3,242

638
1,532
26
4,691
1,348
2,745

544
940
22
3,964
217
562

1,670
1,470
1
6,235
1,002
488

2,237
1,183
24
6,101
776
771

63
125
14
115
293
306

104
104

••

156
263
1
354
51
170

*

600
60
268

163

34. New security issues of State and local governments and corporations—Continued
Millions of dollars

1972
Type of issue or issuer, or use

Apr.

June

May

Aug.

July

Sept.

Oct.

Nov.

Dee.

State and local government
All issues (new and refunding) l

,

By type of issue :
General obligation
Revenue
Housing Assistance Administration2
U S. Government loans
. .. ,
By type of issuer:
State
Special district and statutory authority
Municipalities, counties, townships, school districts.

1,989

2,016

2,270

1,805

1,966

1,727

2,200

1,863

1/797

1,382
601

990
1,023

1,322
481

820
1,138

1,147
711

3

2

8

663
803
257
4

1,662
533

6

989
1,064
209
8

872
653
268
4

472
543
968

374
850
791

246
1,224
793

647
467
688

468
896
594

298
1,015
410

487
688
1,021

425
571
862

147
753
892

1,945

1,946

1,890

1,794

1,767

1,605

2,144

1,758

1,503

486
372
432
70
18
567

657
307
303
140
24
515

347
186
526
552
14
265

327
186
221
266
38
756

444
125
422
474
33
269

238
157
587
378
22
223

444
525
404
221
14
536

312
250
361
304
71
460

351
54
202
368
12
516

5

Issues for new capital:
Total

.

.

.

By vise of proceeds :
Education
,
Transportation
Utilities a n d conservation. . . .
Social welfare
Industrial aid . . . .
Other purposes

....
.....

Corporate
All issues 8

3,223

3,445

4,334

3,469

2,775

2,747

3,675

3,629

3,605

Bonds
By type of offering:
Public
Private placement. . . . .

2,354

2,258

2,496

2,300

1,837

1,561

2,231

2,344

2,473

1,612
741

1,523
735

1,326
1,170

1,755
546

1,439
398

861
700

1,769
461

1,360
983

902
1,571

...

366
226
117
925
177
543

567
208
74
381
380
647

461
159
186
1,000
368
323

456
68
76
429
398
873

177
323
46
436
243
611

413
189
53
643
32
231

236
182
105
518
310
879

258
511
62
327
660
526

507
259
179
507
45
976

869

1,187

1,838

1,169

938

1,186

1,444

1,286

....

260
609

130
1,057

611
1,227

206
963

207
731

307
879

421
1,023

153
1,133

272
860

193
180
3
295
I
198

194
284
71
357
16
266

284
322
8
520
432
273

110
237
27
343
196
256

258
326

164
216

119
316
12
758
58
181

79

109
146
5
370
17
486

By industry group:
Manufacturing
.
Commercial and miscellaneous
Transportation
Public utility
Communication
Real estate and financial
Stocks . .
By type:
Preferred . .
Common

.

By industry group:
Manufacturing
Commercial and miscellaneous .
Tran sporta tion
Public utility .
. .
. ..
Communication
Real estate and financial ,

164



. . .
...

184 "'W
1
i69
207

26

l
472

1
462

1,132

34. New security issues of State and local governments and corporations—Continued
Millions of dollars

1973

Type of issue or issuer, or use

Jan.

Mar.

Feb.

Apr.

June

May

July

Aug.

Sept.

State and local government
All issues (new and refunding) 1
By type of issue :
General obligation. ,
Revenue
Housing Assistance Administration 2
U.S. Government loans

..

.

By type of issuer:
State
. . .
Special district and statutory authority
Municipalities, counties, townships, school districts.

1J977

1,514

2,467

1,826

1,939

2,152

2,028

1,657

1,749

1.152
822

782
731

870
947

825
1,106

1,067
588

i

9

8

1,025
861
261
5

1,458
564

3

1,228
930
303
6

6

2

721
741
285
2

602
453
919

47
565
902

613
917
932

159
729
928

291
943
696

189
1,082
876

516
362
1,144

529
498
628

236
837
674

1,806

1,408

2,202

1,747

1,766

2,139

1,994

1,599

1,652

369
306
417
335
9
370

365
104
415
355
24
145

374
420
496
447
35
430

306
254
443
167
96
481

299
283
422
309
86
367

542
273
639
401
64
220

391
327
360
147
41
728

311
151
350
400
54
333

327
77
577
517
34
120

Issues for new capital:
Total
By use of proceeds :
Education
,
Transportation
.

...

Social welfare
Industrial »iid
Other purposes

Corporate
All issues

3

..

Bonds
By type of offering:
Public
Private placement
By industry group:
Manufacturing
Commercial and miscellaneous
Transportation
Public utility
Communication . .
. . .
Real estate and financial

,

..

. .

Stocks
By type:
Preferred
Common
By industry group :
Manufacturing
Commercial and miscellaneous
Transportation
Public utility
Communication
Real estate and financial




.

. .

.

,

2,318

1,900

3,807

2,406

2,394

3,375

2,559

1,770

1,840

1,274

939

2,022

1,608

1,592

2,561

1,800

1,341

1,332

1,001
273

641
298

1,275
747

913
694

973
619

1,233
1,328

853
946

791
550

683
648

112
70
138
529
30
396

181
25
76
320
57
279

458
59
109
228
454
715

217
225
50
150
258
708

388
30
106
361
355
351

705
132
119
1,073
301
230

360
143
172
654
241
229

218
141
39
426
320
196

238
179
97
341
231
246

1,044

961

1,786

798

801

814

760

430

509

138
906

136
825

829
957

200
598

181
620

216
598

226
534

102
328

119
252

59
103
1
371
3
508

33
105
I
277
. 85
461

24
99

22
134
1
413

13
134

23
89

410
19
226

497
29
176

169
110
1
269
60
152

49
165
15
98
4
98

78
82
2
252
15
80

703
548
411

228

165

34. New security issues of State and local governments and corporations—Continued
Millions of dollars

1973

1974

Type of issue or issuer, or use

Oct.

Nov.

Dec.

| ~
~
Feb.

Jan.

Mar.

Apr.

May

June

State and local government
All issues (new and refunding) '

,.

,

By type of issue :
General obligation
,
Revenue
Housing Assistance Administration "
U S Government loans
..
. . . . .

2,314

2,258

2,088

2,257

2,007

2,029

2 ,406

2,313

2,171

1,344
964

866
1,383

1,407
848

1,209
794

1,101
1,203

2

4

1,181
617
227
4

1,708
689

'9

919
995
173
1

9

9

1,075
856
234
<>

337
840
1,131

243
1,245
760

450
1,022
615

208
865
1,182

473
564
967

344
793
887

•,!??

360

451
1,097
756

580
721
864

2,159

1,920

1,950

2,178

1,939

1,906

2,361

2,237

2,079

372
284
487
475

595
46
372
475
61
629

460
102
612
341
31
393

366
297
363
502
47
331

516
156
595
316
67
711

442
230
711
257
49
548

220
250
664
431
24
490

6

By type of issuer :
State
Special district and statutory authority
Municipalities, counties, townships, school districts.

"

Issues for new capital:
Total

.,

.

By use of proceeds:
Education
Transportation
Utilities and conservation
Social welfare
„
Industrial aid
Other purposes.

299
255
408
526
68
603

356
70 |
589
509
33
363

3£

Corporate
All issues a.

3,224

3,364

~^ ~ ™~
3,402
3,068

2,721

3,270

3,071

3,198

3,OJ6

2,201

2,073

2,306

2,972

2,134

2,510

2,271

2,991

2,490

1,752
449

1,602
471

1,527
779

2,189
783

1,714
421

2,073
437

1,606
665

2,384
607

1,974
516

462
60
23
342
633
681

375
67
106
584
293
647

485
187
49
570
350
666

867
136
152
1,192
142
485

356
54
32
536
372
784

479
48
129
850
310
691

1,192
236
18
446
283
95

848
332
78
837
660
238

434
302
40
860
355
499

1,024

1,291

761

430

586

760

800

207

52,

355
669

627
664

208
553

152
278

268
318

398
362

355
445

65
142

IB
413

.

50
142

90
85

28
284

29
124

161
71

9
56

15
70

607
45 !
179

tlf
127

449
21
58

684

99

249
4
27

76
3
44

43
139
15
28g

...

36
144
1
293
25
87

.

Bonds
By type of offering:
Public
Private placement
By industry group:
Manufacturing
Commercial and miscellaneous
Transportation .
Public utility
Communication
Real estate and financial

...

Stocks . . .
By type:
Preferred
Common
By industry group:
Manufacturing
.
.
Commercial and miscellaneous
Transportation
Public utility
Communication
H.eal estate and financial

166



.

.

4

47

39

34. New security issues of State and local governments and corporations—Continued
Millions of dollars

1974

1975

Type of issue or issuer, or use
July

Aug.

Sept.

Nov.

Oct.

Dec.

Jan.

Feb.

Apr.

Mar.

State and local government
1

M66

1,109

1,705

2,865

2,487

1,500

2,367

2,392

2,137

2,413

By type of issue :
Gene nil obligation
.
Revenue
.
Housing Assistance Administration 2
U.S. Government loans.

859
600

576
529

869
832

1,707
1,153

1,110
1,374

761
717

1,364
997

1,723
664

1,284
851

1,501
905

7

4

4

5

3

22

6

5

2

7

By type of issuer :
State
.
Special district and statutory authority
Municipalities, counties, townships, school districts.

540
158
761

141
400
565

448
641
611

328
974
1,558

689
1,005
789

222
558
700

372
702
1,293

877
629
880

376
717
1,048

368
880
1,161

1,456

1,067

1,669

2,738

2,403

1,475

2,332

2,353

2,083

2,316

314
110
154
178
16
684

228
105
257
245
31
201

251
37
380
318
36
647

343
180
236
281
54
1,644

698
91
866
180
50
518

297
108
424
296
28
322

710
120
644
484
30
344

478
248
425
514
18
670

471
151
474
350
53
584

405
134
734
403
32
608

All issues (new and refunding)

Issues for new capital:
Total
By use of proceeds :
Education
.
.
Transportation .
Utilities and conservation
Social welfare
Industrial aid
Other purposes

.

.
.

.

.

.

Corporate
A l l issues 8 . .

. . .

Bonds.
By type of offering :
Public
Private placement




1,657

4,678

3,851

3,495

5,367

4,528

5,378

4,294

2,371

1,244

3,847

3,475

3,040

4,795

3,906

4,481

3,194

2,101
617

2,072
299

937
307

3,492
355

3,145
330

2,216
823

3,657
1,138

3,201
705

3,971
510

2,771
423

1,052
256
77
318
242
773

601
38
44
862
364
462

186
46
80
384
331
217

725
102
375
1,414
439
791

1,697
116
465
739
62
397

1,430
179
60
435
150
786

1,895
179
84
764
933
941

1,631
65
75
1,471
126
539

2,368
271
83
828
317
614

1,498
294
97
794
354
156

....

537

326

413

831

376

455

572

622

897

1,100

. » .i

228
309

107
219

126
287

196
635

93
283

152
303

234
338

173
449

253
644

349
751

43
84
1
300
53
56

4
62

2
45
5
296
18
48

3
29

2
92

197
24

2
58

44
60

111
74

233
211

695
36
69

224
26
28

194
25
15

507
5

486
1
32

679

586
61
9

..
. »

..

.

By industry group;
Manufacturing
Commercial and miscellaneous
Transportation
Public utility
..
Communication
. . . .
Real estate and financial

2,697

2,718
..

.
.

3,255

. . . .

.

By industry group :
Manufacturing
Commercial and miscellaneous
Transportation.
Public utility
Communication
Real estate and financial
Stocks
By type:
Preferred .
Common

.

..

..

*

.

,

....

216'
44

34

167

34, New security issues of State and local governments and corporations—Continued
Millions of dollars

1975

All issues (new and refunding) J
By type of issue :
General obligation. . . .
Revenue,
.
Housing Assistance Administration 3
U.S. Government loans.

,

By type of issuer:
State
.
.
.
Special district and statutory authority
Municipalities, counties, townships, school districts.

1976

j

Type of issue or issuer, or use
May

June

July

Aug.

Sept.

Oct. 1 Nov. j Dec.
Jan,
i
...
.J
State and local government

2,905

3,066

3,586

2,786

2,171

2,337

2,385

2,062

2,462 1 2,900

1,885
1,015

1,772
1,292

1,371
2,209

1,058
1,725

907
1,252

1,120
1,203

1,040
1,341

995
1,057

1,229 , 1,347
1,222 1,538

5

2

6

3

12

14

4

10

811
1,197
889

938
1,137
989

1,577
1,063
941

376
1,665
747

357
1,185
614

482
979
855

470
1,244
667

434
1,043
576

446
639 1
1,076 1,609
828
737

2,784

2,840

3,554

2,561

2,123

2,241

2,318

1,990

2,377

2,799

419
251
559
477
27
1,051

430
311
821
367
17
894

400
287
879
285
77
1,626

379
97
626
278
23
1,158

279
159
447
219
21
998

212
93
487
454
51
944

219
190
61H
415
28
848

287
167
495
146
68
827

435
107
607
236
27
965

373
463
578
237
20
1,128

11

Feb.

15

Issues for new capital;
Total

.,

.

.

.

By use of proceeds :
Transportation
Utilities and conservation
Social welfare
Industrial aid
Other purposes

.

.

....

Corporate
AH issues

3

..

.

..

.

......

Bonds
By type of offering:
Public
Private placement. . . .
By industry group :
Manufacturing
Commercial and miscellaneous
Transportation
Public utility
Real estate a n df i n a n c i a l.
Stocks
By type:
Preferred
Common

.

.

By industry group :
Manufacturing
Commercial and miscellaneous
Transportation
Public utility
Communication
Real estate and financial

168



.

.

.

.

.

5,798

5,596

4,327

2,405

2,836

4,705

4,076

4,307

3,381

3,863

4,298

4,594

3,673

1,842

1,999

3,158

3,306

3,510

2,802

2,936

3,796
502

3,943
651

2,658
1,014

1,356
486

1,414
585

2,389
769

1,666 i 1,761
1,640 '• 1,749

2,189
613

2,142
794

2,266
242
415
845
153
379

2,195
384
211
838
362
603

1,056
229
338
715
254
1,081

580
147
17
719
93
286

512
57
154
723
249
304

810
335
626
571
373
443

874
91
1,000
851
45
444

1,295 1 1,025
456
330
339
299
662
539
205 1
16
472
679

744
319
650
487
151
584

1,500

1,002

654

563

837

1,547

346
1,154

230
772

198 '
456

129
434

308
529

332
1,215

772
444
328

!

797 '

579

927

462
335

148
431

173
754

|
384
141
1
704
260
10

123
194

64
227

101
70

107
37

142
152

229
53

640

324
16
22

305
19
68

541
48
105

676
555
23

424
10
57

45'

130
193

48
87
.
363
435
27 • • • • - •
83

435
132
302
20
37

34. New security issues of State and local governments and corporations—Continued
Millions of dollars

1976

Type of issue or issuer, or use

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

State and local government
All issues (new and refunding) l
By type of issue:
Genera obligation
.
Revenue . . .
Housing Assistance Administration
U.S. Government loans

2

By type of issuer:
State
..
Special district and statutory authority
Municipalities, counties, townships, school districts.

3,372

2,229

3,588

3,130

2,743

2,829

2,819

3,544

3,345

2,352

2,178
1,187

1,203
1,015

1,942
1,633

1,713
1,402

1,190
1,544

1,295
1,526

1,265
1,549

1,973
1,551

1,529
1,807

1,176
1,166

7

11

13

15

9

8

5

20

9

10

1,254
842
1,271

417
1,031
772

864
1,424
1,294

590
1,149
1,381

308
1,276
1,157

669
1,213
941

470
1,238
1,105

499
1,470
1,553

537
1,725
1,074

361
1,251
732

3,202

2,101

3,398

2,908

2,524

2,561

2,591

2,921

2,879

1,847

441
249
724
1,114
18
656

327
63
681
584
26
420

735
457
975
478
23
730

437
130
772
465
54
1,050

310
36
1,008
488
102
580

373
170
814
714
27
463

356
251
747
767
31
439

428
332
632
676
23
830

351
221
1,333
574
69
331

334
107
723
233
63
387

6,480

Issues for new capital:
Total

.-

By use of proceeds :
Education
.
.
. . . .
Transportation
Utilities and conservation
Social welfare
.
Industrial aid
Other purposes

. . . .

.

Corporate
All issues

, ..

Bonds
By type of offering *
Public
Private placement

.
.

.

By industry group :
Manufacturing
..
Commercial and miscellaneous
Transportation
Public utility
Communication
Real estate and financial
.

..

*

6,632

3,507

4,186

6,439

3,216

3,357

4,817

4,431

3,047

....

4,585

2,979

2,988

5,044

2,587

2,679

4,263

3,482

2,357

5,560

3,238
1,347

2,350
629

1,937
1,051

3,140
1,904

1,239
1,348

1,565
1,113

2,100
2,163

2,729
753

1,256
1,101

2,568
2,992

1,840
221
323
747
577
876

508
638
329
329
450
726

1,225
185
118
643
12
806

1,355
483
263
869
698
1,376

1,090
171
118
621
20
568

749
319
48
663
209
692

670
546
1,212
1,118
140
577

1,261
77
240
803
155
946

501
376
193
795
163
328

2,275
696
564
560
196
1,271

2,047

528

1,198

1,395

629

678

554

949

690

920

443
1,604

61
467

299
899

360
1,035

89
540

214
464

136
418

276
673

282
408

308
612

405
84

60
115

484
136

125
58

108
164

9
34

no

315

505
8
63

479
711
19

iii

83
33
7
347

88
73

1,411
1
146

282
69
13
257
3
54

611

596

84

177

532
27
88

.
.

.

Stocks
By type:
Common
By industry group :
Commercial and miscellaneous
Transportation
Public utility
Communication
Real estate and financial




.

*
..

39

6
40

198

is'

169

35. Net change in corporate securities outstanding
Millions of dollars

1972

Source of change, or industry

All issues >
New issues .
Retirements
Net change . .

..

....

..

....

.

Bonds and notes
New issues
.
Retirements
,
N e t change: Total
. . .
By industry:
Manufacturing .
.
.
Commercial and other *
Transportation, including railroad. .
...
Public utility
Communication
...
Real estate and financial
Common and preferred stock
New issues <
...
....
Retirements
Net change: Total
By industry :
Manufacturing
Commercial and other a
Transportation, including railroad
Public utility
...
Communication. . .
Real estate and financial

1973

1974

1975

1976

19 72

•*~ V

.

..

Bonds and notes
New issues
Retirements
Net change* Total
By industry :
Manufacturing
..
Commercial and other 2
Transportation, including railroad ...
Public utility
Communication.
.. .
Real estate and financial
Common and preferred stock
New issues
,
Retirements
.. .
Net change: Total
By industry:
Manufacturing .
Commercial and other 2
Transportation, including railroad
Public utility
.
Communication
Real estate and financial

170



...

...
• .

,.

Q4

42 , 306
10 224
32,082

33,559
1 1 , 804
21,754

39,334
9,935
29 , 399

53,255
10,991
42,263

53,123
12,184
40,939

10,072
2 691
7,381

11,514
2,389
9,125

9,776
2 212
7*564

10,944
2 932
8,012

27 065
8,003
19 062

21,501
8,801
12,691

31 554
6,255
25 098

40,468
8,583
31 , 886

38,994
9,109
29,884

6,699
2,002
4 698

7,250
2,191
5 , 050

6 118
1,603
4 515

6 998
2,207
4 790

1 995
1 409
711
5 137
3 343
7,045

801
-109
1,044
4 265
3,165
3,523

7 404 13,219
1 116
1 605
341
2,165
7 308 ' 7 236
3,499
2,980
4,682
5,428

8,978
2,259
3,078
6,829
1,687
7,054

6%
31
267
827
1,020
1,856

704
344
127
1 844
806
1,233

479
459
138
1 410
573
1,456

1116
575
179
1 0*6
944
1 , 920

15,242
2 222
13,018

12,057
2 993
9,064

7,980
3 678
4,302

12,787
2 408
10,377

14,129
3,075
11,055

3,373
690 '
2,683

4,264
198
4,066

3,659
609
3,049

3,946
725
3,220

2,094
2 471
254
4,844
1,260
2,096

658
1,411
-93
4,509
1,399
1,181

17
-135
-20
3 834
398
207

1,607
1 137
65
6,015
1,084
468

2,634
762
96
6,171
854
538

423
545
15
872
402
425

851
774
164 i
1,176
464
638

530
673
2
8
1,061
305
453

290
479
47
1,731
8<>
Mil

!

19 74

19 73

AH issues '
New issues
Retirements
Net change . ,

Q3

Q3

Q4

Ql

Q2

Q3

Q4

6 532
2,150
4,382

10 711
4 378
6,334

8,973
2,031
6,942

9,637
2,048
7,589

8,452
2,985
5,467

12,272
2,871
9,401

5,769
1 664
4 106

4,521
1 579
2 941

7,013
3 786
3 227

6,810
1,442
5 367

7,847
1,584
6,263

6,611
1,225
5 386

10,086
2,004
8 081

135
-174
127
844
520
965

632
119
327
1,136
842
1 049

165
108
414
1,217
752
284

-134
-162
176
1,068
1,051
1 225

906
-11
-37
2,172
675
1,662

1,921
698
-13
1,699
1,080
877

1,479
189
49
1,358
1,116
1.194

3,098
240
342
2 , 07*>
628
1 , 695

2,977
1,025 i
1,952

3 370
806
2 564

2 012
571
1,447

3 698
591
3 107

2,163
588
1,575

1,790
465
1 ( 326

1,841
1,759
82

2,186
866
1,319

63
377
-43
1,170
185
201

-2
327
7
I 276
576
395

450
247
-44
557
77
154

147
460
-13
1,506
575
431

324
363
-35
827
76
20

— 12
213
12
1,038

-421
-664 [
~6
862
222
88

126
-47
9
1,107
107
17

Ql

Q2

7,176
2,806
4,369

9 140
2,470
6,669

4,198
1,781
2 417

1

82

35. Net change in corporate securities outstanding—Continued
Millions of dollars
1976

1975

Source of change, or industry

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

15,211
2,088
13,123

15,602
3,211
12,390

9,079
2,576
6,503

13,363
3,116
10,247

13,671
2,315
11,356

14,229
3,668
10,561

H,385
2,478
8,907

13,838
3,723
10,115

12,759
1,587
11,172

11,460
2,336
9,124

6,654
2,111
4,543

9,595
2,549
7,047

9,404
1,403
8,001

10,244
3,159
7,084

8,701
1,826
6,875

10,645
2,721
7,924

5,134
373
1
2,653
1,269
1,742

4,574
483
429
1,977
810
852

1,442
221
147
1,395
472
866

2,069
528
1,588
1,211
429
1,222

2,966
203
985
1,820
498
1,530

1,529
726
488
1,260
953
2,128

1,551
610
1,092
2,109
335
1,178

2,932
720
513
1,640
-99
2,218

]

All issues
New issues . . .
Retirements
N e t change « .

.

„
.

Bonds and notes
New issues
Retirements. . . . . . .
.
Net change: Total
By industry:
Manufacturing
Commercial and other 2
.
Transportation including railroad
Public utility . . .
.
,.
Communication
Real estate and financial

,
..

..

.

....
.

Common and preferred stock
New issues
Retirements , .
Net change: Total
By industry:
Manufacturing .
.
.
.
Commercial and other ^
Transportation, including railroad.
Public utility
,
Communication . . .
Real estate and
financial

,

...

2,452
501
1,951

4,142
875
3,266

2,425
465
1,960

3,768
567
3,200

4,267
912
3,355

3,985
509
3,477

2,684
652
2,032

3,193
1,002
2,191

..

...

262
77
1
1,569
24
18

500
490

433
462
4
1,537
604
160

838
88

1,866
359
43

412
108
53
1,043
97
247

1,120
318
25
1,300
735
-21

744
117
17
932
19
203

-68
239
49
1,765
53
153

1974

1975

1976

.

t

.,

2,174
47
203

36. Open-end investment companies
Millions of dollars

Item

1972

1973

1972
Jan.

Investment companies excluding money market
funds :
Sales of own shares 1. .
4 358
4,892
Redemptions of own shares 2
5,651
6,563
Net sales
— 1 671 — 1 261
Assets 3
Cash position
Other
,

4

59 , 831 46 518
3 035 ' 4 002
56,796 42,516

Feb.

Mar.

Apr.

May

5,346
3,937
1,409

10 057
9,571
486

4 226
6,802
—2 492

521
475
46

404
514
-110

472
667
-195

405
655
-250

378
585
-207

35,777
5 637
30,140

42,179
3 748
38,431

47,537
2 747
44 , 790

56 , 694
3,163
53,531

58 , 536
3 478
55,058

58 , 740
3,251
55,489

58,870
2,827
56,043

59 , 736
2,763
56,973

1972

June
Investment companies excluding money market
funds:
Sales of own shares l
Redemptions of own shares 2
Net sales . .
..
..
. . .
Assets :)
Cash position
Other




4

July

Aug.

Sept.

1973
Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

393
544
— 151

398
424
-26

391
582
-191

310
442
-132

384
411
-27

387
645
-258

449
619
-170

535
666
-131

327
530
-203

519
531
-12

57,708
3,015
54,693

56,932
3,219
53,713

58,186
3,375
54,811

57 , 193
3,395
53,798

57,525
3,719
53,806

59,854
3,549
56,305

59,831
3,035
56,796

56,946
3,015
53,931

54,083
3,375
50,708

53,377
3,774
49 , 603

171

36. Open-end investment companies—Continued
Millions of dollars

1973
Item

May

Apr.
Investment companies excluding
money market funds:
Sales of own shares J
.
..
..>
Redemptions of own shares 2
Net sales
Assets 3
Cash position
Other

.

4

.

.

300
452
-120
50,301
3,837
46,464

1

July

June

285
446
-161

303
349
-46

48,588
4,154
44,434

48,127
4,164
43,963

i Aug.

Sept.

Oct.

Nov.

Dec.

364
357
7

239
432
-193

330
395
-65

-254

305
559

502
542
-40

149
392
-43

50 , 933
4,594
46,339

49 , 553
4,567
44,986

52 322
4,641
47,681

51 952
4,168
47,784

45 814
4,126
41,688

45 gig
4 002
42,516

July

Aug.

Sept.

!

1974
Jan.

Feb.

Mar.

Apr.

May

June

|

^
Investment companies excluding
money market funds:
Sales of own shares 1
.
.
Redemptions of own shares 8
Net sales
Assets 3
Cash position
Other

4

..

..

334
325
9

211
309
-98

264
345
-81

229
323
-94

244
313
-69

47,094
4,226
42 , 868

45,958
4,447
41,511

44,423
4,406
40,017

42,679
4,426
38,253

41,015
4,389
36,626

i
40 t 040
4,461
35,579

1974
Oct.
Investment companies excluding
money market funds:
Sales of own shares J
..
Redemptions of own shares 2
Net sales
Assets 3
Cash position *
Other

.

. . .

Nov.

-86

186
288

— 102

194
229
-35

37 669
4,609
33,060

35 106
4 953
30,153

31 985
5,078
26,907

May

June

237
262
-25 1

232
318

19 75

Dec.

Jan.

Feb.

Mar.

362
213
149

242
217
25

364
235
129

394
197
197

257
209
48

278
259
19

37,115
5,652
31,463

36,366
5,804
30 , 562

35,777
5,637
30,140

37,407
3,889
33,518

39 , 330
4,006
35,324

40 , 449
3 , 870
36,579

Apr.

275
305
-30 1
42 , 353
3,841
38,512

19 75
July
Investment companies excluding
money market funds:
Sales of own shares 1
2
Redemptions of own shares
Net sales
,
Assets 3
Cash position *
Other

.

,

,

.

...
. . .

Sept.

-54

288
342
—54

43 , 832
3,879
39,953

45 , 538
3,640
41,898

1976

Oct.

Nov.

Jan.

Dec.

.

Feb.

™

Mar.

193
286
-93

226
276
-50

298
346
-48

253
353
-100

410
-47

411
538
-47

577
-315

326
677
-351

42,896 41,672
3,591 1 3 , 660
39,305 38,012

40,234
3,664
36,570

41 , 860
3,601
38,259

42 . 460
3,733
38,727

42,179
3,748
38,431

46,529
3,287
43 , 242

46 , 540
3,084
43,456

46,866
2,881
43,985

Oc,

Nov.

Dec.

239
380
-141
, .

Aug.

238
342

1976

Investment companies excluding
money market funds:
Sales of own shares l
Redemptions of own shares 2
Net sales
,
...
..
. .
Assets 3
Cash position 4
Other.
.

172



.

,

Apr.

May

June

July

Aug.

Sept.

305
620
-315

241
589
-348

321
599
-278

281
596
-315

256
536
-280

-235

45,956
2,683
42 , 273

45,122
2,769
42,353

46 , 801
2,679
44,122

45,986
2,547
43 , 439

45,457
2,561
42,896

338
573
46,138
2,507
43,631

378
450
-72
44,858
2,434
42,424

446
419
27

661
628
33

45,369 47,537
2,635 1 2,747
42,734 44,790

37. Corporate profits and their distribution
Billions of dollars; quarterly data are at seasonally adjusted annual rates.

1972

Item

1973

1974

1972

1976

1975
'

19 73

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

Profits before tax

96.2

115.8

126 9

123.5

156.9

90.0

92.3

96.5

105.8

115.3

117.7

113.0

117.1

Profits tax liability .
Profits after tax,

41.5
54.6

48.7
67.1

52 4
74.5

50.2
73.4

64.7
92.2

39.3
50.7

40.0
52.3

41.4
55.0

45.4
60.4

48.9
66.5

49.8
67.9

47,5
65.4

48.6
68.5

Dividends
Undistributed profits

24 6
30.0

27,8
39.3

31 0
43,5

32 4
40.9

35 8
56.4

23,8
26.9

24.3
28.1

24.9
30.2

25.4
34.9

26.5
40.0

27.3
40.6

28.1
37.4

29.3
39.1

Capital consumption
allowances *
Net cash flow

67.9
97.9

73.8
113.1

81 6
125J

89.5
130.4

97 2
153.6

64.9
91.8

68.5
96.6

68.1
98.3

70.1
105.0

71.2
111.2

72.9
113.5

74.0
111.4

77.0
116.1

19 74

19 76

19 75

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

120 3

125 3

138.2

123 9

101.5

113 9

137 7

141.0

153.5

159 2

159 9

154.8

Profits tax liability
Profits after tax

49 4
70.9

52 5
72.8

57.2
81.0

50.4
73.5

40.8
60.7

45 7
68.2

56,3
81.4

57.9
83.1

63.1
90.4

66.1
93.1

65.9
94.0

63.9
90.9

Dividends
Undistributed profits

30 0
40.9

30 9
41,9

31.6
49.4

31 3
42.2

32.0
28.7

32 2
36.0

32 9
48,5

32.5
50.6

33 6
56.8

35.0
58.1

36.0
58.0

38.4
52.5

Capital consumption
allowances
Net cash flow

78.7
119 6

80.7
122 6

82.9
132 3

84.2
126 4

86,6
115.3

88.6
124 6

90.6
139 1

92.2
142 8

94.1
150 9

95.9
154 0

98.2
156 2

100,4
152 9

Profits before tax

38. Current assets and liabilities of nonfinancial corporations
Billions of dollars, end of period

Ql

19 74

19 73

19 72

Account
Q2

Q3

Q4

Ql

Q2

Q3

Q4

Ql

Q2

Current assets
Cash
U.S. Government securities
Notes and accounts receivable.
U.S. Government 1
Other
. . . .
Inventories
Other

539 2
53 0
10.6
225 0
3.4
221.7
204.3
46.2

547 7
53 4
9.2
229 7
2.8
226 9
207.8
47.6

558 6
54 8
8.0
236 3
2.9
233 3
212.3
47,1

574 4
57 5
10.2
243 4
3.4
240 0
215.2
48.1

590.9
58.1
11.2
248 5
3.2
245.3
222.7
50.3

608.2
59 0
9.9
255 3
2.9
255.4
230.2
50.8

625.3
58.9
9.7
267.4
3,0
264.4
238.0
51.3

643.3
61.6
11.0
269.5
3.5
266.1
246.7
54.4

666.2
59.4
12.1
279.4
3.2
276.2
258.4
56.9

685.4
58.8
10.7
293 2
3.4
289.8
269.2
53.5

Current liabilities
Notes and accounts payable
U S. Government *
Other
Accrued Federal income taxes
Other .
..
.
.

331 1
220 2
4,9
215.3
14,3
96.6

334 0
221 8
4.9
216 9
12.1
100,2

341 1
225 4
4.7
220 7
13.5
102.2

352 2
234 5
4.0
230 4
15.1
102.6

361 1
235 8
4.1
231.7
17.1
108.2

372 7
246 1
4.5
241.7
15.0
111.6

385 8
254 6
4.4
250.2
16.5
114.7

401 0
265 9
4.3
261.6
18.1
117.0

416 0
27/ 0
4.5
266.5
20.6
124.4

431 5
253 3
4.7
278.5
19.0
129.1

Net working capital ,

208 1

213 7

217 5

222 2

229 8

235 4

239 5

242 3

250 2

253 9

19 74

19 76

19 75

Q3

Q4

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

Current assets
Cash
U.S. Government securities.
Notes and accounts receivable
U.S. Government *
Other
Inventories
Other

708 6
60.3
11,0
299 I
3*5
295.5
282.1
56.1

712 2
62.7
11.7
295 2
3.5
289.7
288.0
56.6

698 4
60.6
12.1
285 I
3.2
281.9
285.2
55 4

703 2
63.7
12.7
288 1
3.3
284.8
281.4
57 3

716 5
65.6
14.3
295 I
3.3
294,7
279.6
59 0

731 6
68.1
19.4
295 3
3.6
294.6
285.8
60.0

753.5
68.4
21.7
3 JO, 9

3.6
307.3
288.8
63.6

775.4
70.8
23.3
321.8
3.7
318.1
295.6
63.9

791 8
71.1
23.9
328,5
4.3
324.2
302.1
66.3

816 8
77.0
26.4
328 3
4.3
323.9
315,4
69 8

Current liabilities
Notes and accounts payable
U.S. Government *
Other
Accrued Federal income taxes
Other
. . . .

449 1
292 J
5.1
287 0
22.7
134 3

450 6
292 6
5.2
287.5
23.2
134.8

438 0
276 5
5.3
271 2
21.8
139.8

434 2
275 9
5.8
270 1
17.7
140 6

444 7
279 6
6.2
273.4
19.4
145.6

457 5
288 0
6.4
281.6
20.7
148.8

465 9
256 9
6.4
280.5
23.9
155.0

475 9
293 8
6.8
287.0
22.0
160.1

484 1
297 7
7,0
284.7
24.9
167.5

499 9
302 9
7.0
295 9
26.8
170.2

Net working capital

259 5

261 5

260 4

269 0

271 8

274 1

287 6

299 4

307 7

316 9




173

39. Business expenditures on new plant and equipment
Billions of dollars; quarterly data are at seasonally adjusted annual rates.

1972

AH industries. , , , .

Non manufacturing :
Mining
Transportation ;
Railroad .
Air
Other
Public utilities:
Electric
Gas and other.
....
Communication
Commercial and other1 . .

.

....

...

.

1974

1975

19 72

1976

"oT

Q2

Q3

Q4

88, 38

99.65

112.22

112.75

120.15

86.79

87.12

8767

91,94

;

15.59
15,68

19.18
18.70

22.57
23.28

21.88
26.13

23.57
28.70

15.06
15.02

14.77
15.60

15.67
15 31

16.86
16 7H

j
I
>

2 . 42

2.74

3.18

3.80

4.00

2.42

2,38

2,40

2.46

1 . 80
2.46
1.46

1.97
2.41
1.67

2.56
2.00
2.09

2.56
1.87
3.03

2.51
1.29
3.60

2.10
1.96
1.48

1.88
2.89
1.53

1.50
2 67
1.41

2 'S3

14 . 47
2, 53
1 1 87
20.09

15.92
2.79
12 85
21.45

17.61
2.93
13 96
22 05

16.99
3.14
12.76
20.61

18,77
3.45
13.28
20.99

14.27
2.65
11.71
20.10

14.32
2.27
11 59
19.88

14.62
2.38
11 56
20 16

14,67
2 86
12 63
20 21

...

Manufacturing:
Durable goods industries. . . . .
Nondurable goods industries

1973

19 73

.

,.

Manufacturing :
Durable goods industries
Nondurable goods industries
Nonmanufacturing :
Mining . ,
Transportation :
Railroad
Air
Other
Public utilities :
Electric
Gas and other
Communication
Commercial and other1

.

,,

...

. .

.
.

. .
,

. .

...

19 74

Q2

Q3

Q4

Ql

Q2

Q3

Q4

96.19

97.76

100.90

103.74

107.27

111.40

113 99

116.22

1 7 88
17.63

18,64
17.94

19.73
19.08

20.48
20.13

21.43
21.53

22.50
22.82

23 08
23.96

23.28
24.80

2.59

2.77

2.82

2.76

2.80

3.07

.77

3.%

2.11
2.21
1 53

1.75
2 72
1 62

1.95
2.49
1 79

2.05
2.20
1 73

2.10
2,13
1 63

2.42
2.21
1 84

2.68
1 84
2 16

3.05
1 81
2 71

15 40
2.98
12 34
21.53

15 55
2.52
12 70
21,55

16.00
2.58
13.12
21.36

16 72
3. OS
13 24
21.35

17.12
3.00
13.83
21.69

18 10
2.87
13 94
21.63

17 47
2 68
14 01
22.84

17 76
3.17
14 04
22.04

Ql
All industries

19 75

AH industries
Manufacturing :
Durable goods industries
Nondurable goods industries
Nonmanufacturing:
Mining
Transportation :
Railroad
Air
Other
Public utilities:
Electric. .
,.
Gas and other

. ..

1

Commercial and other . . . .

174



,

..

. . . .

., ,

.

...

...
...

19 76
Q1

Q2

Q3

Q4

111.80

114.72

118.12

122 55

125 22

21 01
26.38

21 07
25.75

21.63
27.58

22.54
28.09

24 59
30.20

25.50
28.93

Ql

Q2

Q3

Q4

114 57

112 46

112.16

22 86
26.20

,

1.71

1.42

22 59 '
26.19

i

3.76

3.78

3.82

3.82

3.83

3.83

4.21

4.11

2 39
2.09
2 82

2 70
1.60
2 75

2.75
2.12
2 99

2 39
1.65
3 56

2.08
1.18
3.29

2.64
1,44
4.16

2 69
1 12
3,44

2 63
1.41
3.49

17.03
3 25
13.36
20.82

16 41 1
3 11
12.50 1i
20.83

16.58
3 21
12.95
20 . 34

17 92
3 00
12.22
20.44

18.56
3.36
12,54
20. 6E

18.82
3.03
12.62
20.94

18 22
3 45
13.64
20 99

14,30
21.36

19.49

3.96

40. Domestic finance companies—Assets and liabilities
Billions of dollars, end of period

1970

Account

19 71

19 72

Q2

Q3

Q4

Ql

Q2

Q3

Q4

Ql

27.5
23.0
50.6

27 5
22.4
49 9

27 6
21.8
49 4

27 2
23.2
50 4

27 6
23.9
51 5

28 3
23.2
51 4

29.2
23.2
52 4

44.7

44 0

43 4

44 5

45 4

45 1

45 9

29
24
53
6
47
2

56 3

55 3

55 0

56 5

59 0

10.2
58 9

59 8

9 8
60 9

62 5

5.3

Q2

Assets
Gross accounts receivable:
Consumer
Business
..
.
Total
Less' Reserves for unearned income and losses
Net accounts receivable
.
Cash and bank deposits
.
Securities
All other
.
..
Total assets

<

5.9

2.0
1.4
8.1

6.0

2.1
1.0
8,2

6.0

2.3
1.2
8.2

5.9

2.5
.9
8,6

6.1

2.7
1.1
9,9

6.3
2.7
.8

6.5

2.9
1.2
9.9

2
7
9
6
3
6

1.2

30
25
55
6
48
2

3
5
8
8
9
7

1.2
9.5

Liabilities
Bank loans
Commercial paper . .
Short-term debt n e e
Long-term debt n.e.c.
Other

...

..

,

19.2

17.7

17.6

17.1

17.0

16.5

17.6

5 3
17.4

17,9

15.0

15.2

15.8

16.5

17.6

18.0

19.0

19.7

20.5

9.3

9.5

9.5

9.6

10.1

10.2

10.4

10.6

10.6

56.3

55.3

55.0

56.5

59.0

58.9

59.8

60.9

62.5

7.5

1.6

..

3.8

Capital, surplus and undivided profits
Total liabilities and capital

7.9
1.4

3.6

7.6
1.7

2.8

7.1

1.7

4.5

19 72

6.6
3.2

4.6

5.6
3.5
5.1

3.4
4.1

3.4

4,7

5.3

3.4
4.7

1974

19 73

Q3

Q4

Ql

Q2

Q3

Q4

Ql

Q2

Q3

. . . <.

31.0
25.0
56.0

31.9
27.4
59. J

31.9
29.1
61.1

33,1
30.9
64.0

34.4
30.6
64.9

35.4
32.3
67.7

34,9
34.0
68.8

35.7
34.7
70.3

36.3
35.6

,.»<
..
.,.,

48.9

51.9

53.6

56.2

56.8

59.3

60.4

62.0

62.9

62 7

10.0
65 6

10.3
67.8

10.9
70.6

10.9
71.3

10.6
73.2

10.7
74.5

10.5
75.7

10.8
76.8

Assets
Gross accounts receivable:
Consumer. . ,
..
..
. . .
...
Business
Total
Less ' Reserves for unearned income and losses
Net accounts receivable
..
....
Cash and bank deposits
Securities
....
...
A l t other . . .
Total assets

7.1

3.0
1.1
9.7

7.4

2.8
.9

7.5

2.7
1.2

7.8

2.7
.8

8.2

2.7
.9

8.4
2.6
.8

8.4
2.6
.8

8.4
2.7
.6

71.9

9.0
2.8
.4

Liabilities
Bank loans ,
Commercial paper
Short-term debt, n.e.c.
Long-term debt, n.e.c
Other

-f .

,

. i

,

4.7

Total liabilities and capital

. .

. . . .

6.6

7.0

7.0

7.2

6.8

8.0

8.4

17.3

17.4

18.5

17.7

19.7

20.6

20,4

20.2

21,5

22.7

23.0

23.5

23.9

24.6

25.2

25.3

25.7

10.8

10.9

11.0

11.3

11.5

11.5

11.1

11.4

11.8

62.7

65.6

67.8

70.6

71.3

73.2

74.5

75.7

76.8

3,8
5.6

Capital, surplus, and undivided profits

5.6

16.4

4.3

4.8

4.5

5.3

1974

4.7

5.6

4.7
6.5

4.6
5.6

4.6
6.1

4.7
5.9

4.4
6,3

19 76

19 75

Q4

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

36.1
37.2
73,3

35.0
37.8
72.8

34.9
38.7
73,7

35.4
38.6
74.1

36.0
39.3
75.5

35.7
41.2

76,9

36.7
42.4
79.2

38.6
44.7

64.2

64.0

64.6

64.8

65.9

67.4

69.4

37.6
42.4
80.0
10.2
69.9

12.0
79.6

11.4
78.9

12.3
80.5

11.7
80.5

11.8
81.6

12.5
83.5

12.4
85.3

12,7
86.4

12.6
89.2

Assets
Gross accounts receivable :
Consumer
Business . . .
,...
Total . . .
..
L€SS ' Reserves for unearned income and losses
Net accounts receivable
Cash and bank deposits
Securities
AH other,
Total assets
.
.

<..
.

....

9.0

3.0
.4

8.8
2.9
.7

9.1
2.8
.7

9.2
3.1
.8

9.4
2.9
1.0

9.4
2.8
.8

9.8

2,7
.8

2.6
1.2

83.4
10.5
72.9

2,6
1.1

Liabilities
Bank loans
Commercial paper
Short-term debt, n.e.c
Long-term debt n.e.c.
Other

...

Capital, surplus, and undivided profits
Total liabilities and capital




9.7

.
...

•..*...
...

8.1

8.5

8.2

8.0

7.4

6.9

5.5

20.7

20.8

21.6

20.8

22.2

22.2

22.2

21,7

26.5

26.7

27.1

26.7

27.6

28,4

30.1

31.0

7.8

9.5

12.5

12.8

13.2

13.4

81.6

83.5

85.3

86.4

4.9
5.5

5.2

6.1

4.5

6.4

4,5
7.7

12.4

12.0

12.4

12.6

79 6

78.9

80.5

80.5

4.5
6.8

4.9
7.8

5.0

5.2

6.3

23.7
5.4
32,3
8.1

13.4
89.2

175

41. Business credit of domestic finance companies
Accounts receivable outstanding
(millions of dollars, end of period)

Changes in accounts receivable during period
(millions of dollars, seasonally adjusted)

Retail Loans on Factored
Retail
comAll other
comauto- Wholesale paper on
mercial business
mercial
business,
automotive
credit
motive industrial, accounts accounts
(comand farm receivable receivable
mercial
equipment
vehicles)

Period

i
I Retail Loans on Factored
Retail
auto- Wholesale paper on
com- 1 Ocom- i All other
automotive
business, mercial
mercial business
motive industrial, accounts accounts
(comcredit
mercial
and farm receivable receivable
vehicles)
equipment

4,492
4,510
4,349
4,188
4,090
3,880
3,758

5,053
4,677
3,816
3,871
3,283
3,000
3,570

5,772
5,881
6,007
6,239
6,495
6,555
6,484

,449
,501
,545
,568
,571
,577
,605

1,472
1,678
1,725
1,713
,621
,603
,551

4,790 i
4,758
4,799
4,832
4,837
4,814
4,845

25
-128
-109
-127
-200
-130

118
-132 '
-399
-578
-269
391

92
116
167
100
52
-41

74
52
12
-16
1
45

66
72
74 i
66
46
-66 j

52
42
40
59
-62
30

1971—Jan
Feb
Mar
Apr
May
June
J u l y . . . . .,
Aug
Sept
Oct
Nov

3,583
3,453
3,366
3,308
3,226
3,220
3,147
3,139
3,094
3,097
3,054
3,043

4,053
4,749
5,326
5,358
5,581
5,827
5,462
4,451
5,091
5,030
4,927
5,023

6,532
6,431
6,102
6,180
6,270
6,309
6,293
6,313
6,396
6,604
6,658
6,748

,581
,640
,661
,677
,805
,832
,724
,702
,771
,829
,888
1,926

,566
,615
,620
,566
,541
,673
,914
,989
,817
,522
,412
,342

4,873
4,999
5,154
5,197
5,148
5,042
4,998
5,017
5,011
5,059
5,057
5,075

-134
-117 i
-141
-99
-78 ;
-54
-35
2
10
-IS
-44
-15

534
419
320
98
207
204 i
95
-36
-57
-108
-256
-156

32
52
-13
29 i
41

-17
40 i
19
24
154 1
-2

28
-3
-45 t) i
-17
-54
-132
106
-107
-85
-62
-92

20
-51
51
30
-l!»
~<J
22
5?,
20
75
-28
H

1972- Jan

3,017
3,051
3,220
3,298
3,385
3,476
3,527
3,570
3,586
3,808
3,965
4,119

5,070
5,477
5,774
5,880
5,989
5,837
4,917
3,376
4,376
4,597
4,791
5,207

6,794
6,724
6,612
6,643
6,702
6,859
6,985
7,143
7,241
7,567
7,679
7,812

1,972
2,023
2,061
2,069
2,084
2,135
2,179
2,244
2,275
2,335
2,353
2,405

,521
,583
,637
,443
,429
,732
,897
,926
,815
,577
,573
,580

5,095
5,259
5,416
5,495
5,481
5,449
5,495
5,529
5,706
5,747
5,895
6,239

16
48
115
57
65
63
73
51
106
154
154
179

32
33
168
175
76
-102
-480
-837
283
74
63
149

51
42
57
-11
17
120
108
164
89
142
139
104

69
27
28
6
47
28
73
62
28
12
16
73

194
18
-13
-112
-31
108
53
25
-55

-.4

4,260
4,388
4,620
4,842
5,005
5,127
5,213
5,274
5,211
5,339
5,399
5,429

5,322
5,825
5,998
6,015
6,113
6,330
6,166
4,429
5,332
5,624
5,961
6,387

7,896
7,788
7,515
7,641
7,799
7,960
8,101
8,150
8,181
8,333
8,336
8,458

2,401
2,444
2,518
2,572
2,589
2,659
2,689
2,749
2,791
2,875
2,893
2,891

,650
,723
,789
,713
,738
,816
,905
,976
,036
,958
,944
,961

6,395
6,598
6,700
6,861
6,900
6,979
6,985
7,012
7,032
6,973
7,078
7,198

172
170
185
156
124
126
81
91
46
51
58
37

92
175
-46
170
60
193
471
-779
172
67
86
223

110
25
-37
72
115
139
101
55
21
11
14
99

23
15
83
55
41
77
46
53
14
24
32
32

62
16
11
20
11
-64
-14
43
123
81
24

1974— Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov. . .
Dec

5,453
5,416
6,001
6,079
6,138
6,156
6,229
6,234
6,184
6,211
6,261
6,387

6,562
6,791
6,857
6,715
6,603
6,536
6,048
5,055
6,690
6,709
7,573
7,876

8,476
8,522
8,583
8,730
8,872
9,025
9,151
9,201
9,272
9,428
9,451
9,567

2,932
3,009
3,038
3,054
3,069
3,100
3,138
3,191
3,236
3,258
3,272
3,301

,912
,954
,959
,905
,895
2,014
2,153
2,169
2,198
1,981
1,888
1,768

7,212
7,392
7,530
7,724
7,712
7,829
7,863
7 ,898
8,012
8,080
8,226
8,234

49
8
92
-6
25
29
58
72
48
-49
88
88

168
16

39
156
168
120
82
114
96
79
76
41
42
100

63
56
20
35
45
21
64
58
11
-61
54
55

-40
-15
-10

1975—Jan
Feb, .
Mar
Apr
May
June
July
Aug
Sept
Oct. . .
Nov
Dec

6,339
6,354
6,450
6,609
6,684
6,748
6,852
6,796
6,771
6,914
6,982
7,099

7,759
7,464
7,604
7,567
7,685
7,713
7,154
6,609
7,199
7,191
7,270
7,412

9,585
9,575
9,613
9,728
9,983
10,005
10,168
10,688
10,656
10,841
10,858
10,890

3,312
3,352
3,365
3,388
3,389
3,383
3,449
3,474
3,515
3,539
3,515
3,539

1,786
,820
,817
,754
,803
,602
,874
,876
,059
,813
,867
,876

8,498
8,893
8,949
9,169
9,343
9,255
9,046
8,431
8,432
8,453
8,644
8,483

49
14
50
73
60
38
78
36
63
60
19
148

-68
-585
70
41
72 !
108
»13
1,082 1
-284
-156
-309
-160

11
84
157
65
229
-16

39
25
14
14
42

1976—Jan
Feb
Mar
Apr, . .
May
June
July . . .
Aug ,
Sept
Oct
Nov
Dec

7,111
7,168
7,355
7,563
7,758
7,987
8,137
8,221
8,320
8,542
8,698
8,951

7,404
7,867
8,270
8,248
8,364
8,506
7,908
6,978
7,651
7,648
8,388
8,733

10,935
10,934
10,796
10,876
11,038
11,137
11,283
11,387
11,538
11,868
12,049
12,291

3,459
3,579
3,586
3,643
3,674
3,694
3,658
3,710
3,772
3,742
3,731
3,795

,785
,815
,927
,955
,907
2,010
2,038
2,002
2,040
2,114
2,016
2,033

8,642
8,972
9,229
9,184
9,202
9,109
8,957
8,982
9,058
9,036
9,079
8,916

79
147
82
106
179
183
168
142
228
188
134
.197

-69
306
238
181
119
105
47
894
-122
-266
82
137

1970—June
July

Aug

Scot

Oct

Nov

Dec

Dec
Feb

Mar
Apr
May
June
July.......
AUK
Sept
Oct
Nov.
Dec..

1973- Jan

Feb

Mar
Apr
May
June
July
AUK
Sept
Oct
Nov
Dee

.

176



-.ii?

-47
61
296
1,151
-205
532
84

-\\
-3
53
40
78
83

no

35
26
33
7 !
11

101
89
26
23
75
91
112
133
207
161
239
183

-18
48
15

3

~69
5
38
-79
-12
71
-24
75
24
33
81
34
-3
33
21
-140
49
98

ll
31

n

-I

-30
47
'-20
_2
57
-44
-60
-108

lt>
3
75
94
98
173
102
135
320
164

u

107
13H
136
113
105
V5
23
84
94
8
-25
118
161
71
159
150
118
119
182
83
26

36
-11
— 19
-29
42
-270
91
17
167
-30
152

257
207
-103
-147
240
5
-25
"68
23
144

-47

116
52
75
_21
55
21
16
126
106

IB

56 1
-28

-143
-14
—5
266
-48
8

too

-133

m

-69
-79

41.—Continued
Extensions
(millions of dollars, seasonally adjusted)

Repayments
(millions of dollars, seasonally adjusted)

Loans on Factored
Retail
Retail
AH other
comcomauto- Wholesale paper on
mercial business
business, mercial
motive
autocredit
motive industrial, accounts accounts
(comand farm receivable receivable
mercial
vehicles)
equipment

Retail Loans on Factored
Retail
auto- Wholesale paper on
All other
Comcomautomercial business
business, mercial
motive
motive industrial, accounts accounts
(comcredit
and farm receivable receivable
mercial
equipment
vehicles)

Period

356
400
253
270
253
177
233

2,262
2,165
1,899
1,443
1,117
<>79
1,888

494
605
588
598
505
554
448

913
874
897
863
799
897
974

1,192
976
947
988
974
1,021
1,012

891
915
874
844
854
852
822

375
381
379
380
377
363

2,047
2,031
1,842
1,695
1,248
1,497

513
472
431
405
502
489

800
845
851
815
896
929

910
875
914
908
975
1,078

863
832
804
795
914
792

June— 1970
. July
Aug.
Sept.
. . . Oct.
Nov.
.Dec,

222
235
221
238
246
259
267
295
295
275
241
261

2,546
2,859
2,686
2,471
2,565
2,644
2,523
2,357
2,761
2,678
2,619
2,578

504
559
550
556
470
337
392
374
403
472
507
479

886
932
921
953
996
,024
,053
,067
,112
,117
,154
,133

993
970
955
976
940
950
989
934
926
960
947
929

709
866
858
816
738
773
780
812
838
893
831
856

356
352
362
337
324
313
302
293
285
290
285
276

2,012
2,440
2,366
2,373
2,358
2,440
2,428
2,393
2,818
2,786
2,875
2,734

472
507
563
527
429
322
423
377
350
432
429
396

903
892
902
929
842
1,026
1,126
1,085
1,064
1,102
1,083
1,076

965
973
1,000
967
957
1,004
1,121
828
1,033
1,045
1,009
1,021

749
917
807
786
753
782
758
760
818
818
859
845

. Jan.— 1971
....Feb.
Mar.
. . . Apr.
May
. June
. , .July
Auc.
. . .Sept.
Oet
Nov.
. ..Dec.

281
299
365
307
315
311
326
310
367
410
419
458

2,746
2,695
2,721
2,958
2 D 814
2,640
2,267
1,767
2,852
2,890
2,993
3,349

426
402
388
334
390
480
476
536
537
510
455
498

,220
,180
,237
,252
,178
,212
,214
1,223
1,268
1,173
1,216
1,237

1,425
1,008
1,145
952
910
1,136
1,088
,050
,055
,091
,084
,095

863
840
841
825
836
841
849
860
967
934
951
1,144

265
251
250
250
250
248
253
259
261
256
265
279

2,714
2,662
2,553
2,783
2,738
2,742
2,747
2,604
2,569
2,816
2,930
3,200

375
360
331
345
373
360
368
372
448
368
316
394

1,151
1,153
,209
,246
,131
,184
,141
,161
,240
,161
,200
,164

1,231
990
1,158
1,064
941
1,028
1,035
1,025
1,110
1,099
1,058
1,064

867
836
771
804
791
766
755
762
794
832
816
824

...Jan.— 1972
Feb.
Mar.
Apr,
.May
. , . .June
. .July
Aug.
Sept.
Oct.
.Nov.
Dec.

462
475
496
477
453
466
438
452
425
431
448
435

3,363
3,595
3,294
3,309
3,137
3,145
3,439
2,260
3,243
3,062
3,083
2 , 845

549
537
504
469
524
521
491
507
480
548
368
471

,335
,359
,448
,336
,426
,473
,411
,415
,389
,544
,524
,623

,227
,136
,141
,204
,205
,048
,053
,146
,100
,064
,061
,167

1,013
925
920
986
1 ,030
1,038
1,023
1,017
939
911
957
473

290
305
311
321
329
340
357
361
379
380
390
398

3,271
3,420
3,340
3,139
3,077
2,952
2,968
3,039
3,071
2,995
2,997
2,622

439
512
541
397
409
382
390
452
459
537
354
372

,312
,344
,365
,281
,385
,396
,365
,362
,375
,520
,492
,591

1,165
1,120
1,130
1,184
1,194
1,112
1,067
1,103
977
983
1,037
1,129

849
914
920
879
892
902
910
912
924
888
873
879

. ..Jan.— 1973
Feb.
Mar.
Apr.
May
. . . .June
July
Aug.
Sept.
Oct.
Nov.
Dec.

455
433
443
450
477
486
513
530
518
425
555
554

2,721
2,509
2,597
2,582
2,717
2,796
2,872
3,559
2,890
3,116
3,017
2,734

362
500
512
470
492
538
480
439
448
453
441
522

,551
,661
,655
,742
,744
,621
,694
,678
,636
,803
,751
,864

,007
,089
,074
,058
,040
,132
,080
,071
,059
,002
973
837

944
865
,191
,034
987
,063
,050
,043
,016
,048
915
888

406
425
351
456
452
457
455
458
470
474
467
466

2,553
2,493
2,602
2,692
2,748
2,843
2,811
3,263
1,739
3,321
2,485
2,650

323
344
344
350
410
424
384
360
372
412
399
422

,488
,605
,635
,707
,699
,600
,630
,620
,625
,864
,697
,809

1,047
1,104
1,084
1,059
1,070
1,085
1,100
1,073
1,002
1,046
1,033
945

936
890
1,073
873
916
904
900
925
897
866
832
862

. . ..Jan.— 1974
..Feb.
Mar.
. . Apr.
May
June
..July
Aug.
Sept.
. .Oct.
Nov.
Dec.

527
507
540
553
544
530
575
536
566
577
537
677

2,518
2,534
2,521
2,662
2,911
3,001
3,035
4,371
3,169
3,179
3,277
3,590

490
474
571
583
590
564
696
618
570
595
691
647

,642
,480
,449
,503
,519
,779
,950
,988
,969
,910
,980
,916

918
942
933
979
1,116
,070
,337
,322
,625
,429
,606
,507

,122
,059
866
,040
,068
,012
,039
997
,014
,050
,124
,067

478
493
490
480
484
492
497
500
503
517
518
529

2,586
3,119
2,451
2,621
2,839
2,893
3,048
3,289
3,453
3,335
3,586
3,750

479
390
414
518
361
580
586
583
544
562
684
636

,603
,455
,435
,489
,477
,784
,881
,983
,931
,989
,992
,845

882
953
952
,008
,074
,340
,246
,305
,458
,459
,454
,504

865
852
969
1,187
828
,007
,064
,065
991
906
,024
,200

Jan.-~1975
Feb.
Mar.
Apr.
May
June
July
Aug,
. . . .Sept.
Oct.
Nov.
Dec.

612
677
667
664
732
741
731
722
800
787
751
824

3,791
4,338
4,241
4,381
4,238
4,252
4,145
4,889
3,726
3,794
4,203
4,662

662
689
563
676
656
610
668
689
768
626
793
707

2,038
2,350
2,310
2,410
2,387
2,222
2,247
2,241
2,296
1,971
2,246
2,381

,477
,565
,570
,541
,458
,434
,235
,360
,320
1,434
1,328
1,433

,133
,088
,075
,063
,092
1,072
1,066
1,170
1,192
1,148
1,266
1,267

3,860
533
530 . 4,032
4,003
585
4,200
558
553
4,119
4,147
558
4,098
563
3,995
580
3,848
572
4,060
599
4,121
617
4,525
627

561
600
537
653
581
519
556
556
561
465
554
524

2,062
2,275
2,286
2,377
2,306
2,188
2,250
2,208
2,275
2,111
2,197
2,283

,524
,568
,512
,485
,486
,436
,378
,374
,325
,168
1,376
1,425

,017
,036
,000
,084
,037
,051
,050
,044
,086
,068
,335
,346

.Jan. —1976
Feb.
Mar.
. . . Apr.
May
June
July
. . . . Aug.
Sept.
Oct.
Nov.
Dec,




177

42. Mortgage markets
Millions of dollars, except as noted

1972

Item

1973

1974

1975

1972

1976
Jan.

Feb.

Mar.

Apr.

37,7
28.2

38.3
28.5
76.1)
27.2

Terms and yields in primary and secondary markets

!
1

PRIMARY MARKETS
Conventional mortgages on new homes
Terms: *
Purchase price (thous. dollars)
Amount of loan (thous. dollars) . . .
Loan/ price ratio (per cent) . .
Maturity (years)
Fees and charges (per cent of loan
amount) ^
Contract rate (per cent per annum) .
Yield (per cent per annum) ;
FHLBB series
a
HUD series 4

37.3
28.1
75.3
27.2

37.1
28.1
75.7
26.3

40.1
29.8
74.3
26.3

44.6
33.3
74.7
26.8

48.4
35.9
74.2
27.2

!

37.3
27.6
75.0
26.5

37.2
27.8
76,5
27.0

3:1

0.88
7.45

1.11
7.78

1.30
8.71

1.54
8.75

1.44
8.76

0.95
7.62

1.02
7.45

0.84
7.38

0.85
7.38

7.60
7.64

7.95
8.30

8.92
9.22

9.01
9.10

8.99
8.99

7.78
7.60

7.61
7.60

7.52
7.55

7.51
7,60

7.53
6.97

8.19
7.65

9.55
8.72

9.19
8.52

8.82
8.17

7.49
6.89

7.46
6.84

7.45
6.84

7. SO
6.92

7.64
7.82

8.33
8.53

9.31
9.43

9.26
9.37

8.99
9.11

7.62

7.61
7.72

7.54
7.61

7.57
7.66

18,220
13,120
5,100

18,342
13,654
4,688

18,403
13,745
4,659

324

316
79

246
70

SECONDARY MARKETS
Yields (per cent per annum) on--6
FHA mortgages (HUD series)
GNMA securities79
FNMA auctions:
Government-underwritten loans.
Conventional loans

Activity in secondary markets

1

FEDERAL NATIONAL
MORTGAGE ASSOCIATION

1

Mortgage holdings (end of period) :
Total
FHA-insured
VA-guaranteed . ,
Conventional

19,791
14,624
5,112
55

24,175
16,852
6,352
971

29,578
19,189
8,310
2,080

31,824
19,732
9,573
2,519

32,904 1
18,916
9,212
4,776

3,699
211

6,127
71

6,953

4,263
2

3,606
86

281

8,797
8,124

8,914
7,889

10,765
7,960

6,106
4,126

6,247
3,398

640
6,314

534
6,205

509
6,409

704
6,680

Auction of 4-month commitments to buy—=
Government-underwritten
loans :
4,376.3
Offered 9. , .
. .
Accepted
.....
... 2,920.7
Conventional
loans:
Offered a
425.1
Accepted
...
319.4

5,196.7
3,069.2

5,462.6
2,371.4

7,042,6
3,848.3

4,929.8 i
2,787.2 I

240.5
127.8

157.3
108.7

2H9.8
136.8

606.2
354.8

2,013.6
1,300.1

1,195.4
656.5

1,401.3
765.0

2,595.7
1,879.3

10.1

5.5

27.1
14.9

Mortgage transactions (during period):
Purchases
.,
Sales

. .

17,977
12,815
5,161

1

8

Mortgage commitments:
Contracted (during period)
Outstanding (end of period)

83.5
46.4

FEDERAL HOME LOAN
MORTGAGE CORPORATION
Mortgage holdings (end of period) : 10
Total .
,.
....
FHA/VA
Conventional

1,789
1,503 !
286

2,604
1,743
861

4,586
1,904
2,682

4,987
1,824
3,163

4,269
1,618
2,651

979
829
150

864
814
49

988
928
60

1,110
1,040
70

Mortgage transactions (during period) :
Purchases
Sales . . . .
.
...

1,297
409

1,334
409

2,191
52

1,716
1,020

1,175
1,396

17

23
105

98

126

Mortgage commitments: «
Contracted (during period)
Outstanding (end of period)

1,607
198

1,629
186

4,553
2,390

982
111

1,477
333

17
182

126
290

258
373

232
455

178



.

42. Mortgage markets—Continued
Millions' of dollars, except as noted

1972

1973

Item
May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

35.8
27.0
76.6
25.7

35.9
27.6
78.6
26,8

Terms and yields in primary and secondary markets
PRIMARY MARKETS
Conventional mortgages on new homes
Terms: »
Purchase prce (thous. dollars)
Amount of loan (thous. dollars)
Loan/price ratio (per cent)
..
Maturity (years)
Fees and charges (per cent of loan
Contract rafe (per cent per annum)
Yield (per cent per annum) :
FHLBB series
3
HUD series 4

38.2
28.5
76.2
27.2

37.2
27.8
76.5
27.2

37.3
28.2
77.0
27.2

36.8
27.9
77.5
27.5

36,6
27.9
77.5
27.3

36.0
27.4
77.3
27.2

37.1
28.1
77.4
27.5

37.9
29.0
78.0
27.5

0.84
7.40

0.85
7,41

0.83
7.43

0.86
7.45

0.86
7.43

0.88
7.48

0.90
7,50

0.92
7.51

1.03
7.52

1.15
7.52

7.53
7.60

7.55
7.60

7.56
7.65

7.59
7.65

7.57
7.70

7.62
7.70

7.64
7.70

7.66
7.70

7.68
7.70

7.70
7.75

7,53
6.97

7.54
6.95

7.54
6.95

7.55
7.01

7.56
7.10

7.57
7.15

7.57
7.00

7.56
7.00

7.55
7.09

7.56
7.11

7.64
7,77

7.63
7.80

7.63
7.80

7.62
7.80

7.65"
7.85

7.72
7.90

7.71
7.90

7.69
7.87

7.70
7.84

7.72
7.90

SECONDARY MARKETS
Yields (per cent per annum) on—6
FHA mortgages (HUD
series)
GNMA securities 7e . .
...
FNMA auctions:
Government-underwritten loans
Conventional loans

Activity in secondary markets
FEDERAL NATIONAL
MORTGAGE ASSOCIATION
Mortgage holdings (end of period) :
Total
FHA-insured. . .
VA-guaratfUeed
Conventional

18,599
13,923
4,675
1

18,628
13,952
4,670
6

18,740
14,013
4,714
13

19,023
14,188
4,816
19

19,296
14,380
4,888
27

19,438
14,462
4,939
37

19,619
14,558
5,016
45

19,791
14,624
5,112
55

19,982
14,746
5,170
67

20,181
14,872
5,222
87

321
7

223
28

258
3

427

408

265

322
6

306
12

348
29

334

1,145
7,183

669
7,240

564
7,232

555
7,083

814
7,327

979
7,602

447
7,452

1,237
8,124

458
8,034

478
7,972

764.6
601.0

181.3
124.7

258.5
205.1

220.8
168.9

516.5
299.3

810.4
599.1

139.5
85.4

190.9
108.7

181.2
153.4

238.9
137.0

35.0
20.4

28.2
22.7

32.5
22.7

24.7
24.2

28.7
26.5

42.2
37.2

76.7
68.0

36.4
30.9

40.0
26.2

166.9
112.4

1,324
1,239
86

1,416
1,344
72

1,475
1,374
101

1,498
1,394
104

1,545
1,408
137

1,631
1,439
192

1,743
1,491
253

1,789
1,503
286

1,761
1,517
244

1,677
1,535
142

Mortgage transactions (during period) :
Purchases,
Sales

220

194
97

74
11

107
75

66
13

102
9

128
10

143
87

76
99

76
150

Mortgage commitments: 11
Contracted (during period)
Outstanding (end of period)

166
398

117
313

75
298

109
263

136
318

189
371

89
293

93
198

142
226

166
300

Mortgage transactions (during period):
Purchases
Sates
Mortgage commitments: 8
Contracted (during period)
Outstanding' (end of period)

. .

Auction of 4-month commitments to buy—
Government-underwritten loans:
Offered »
Accepted , . , . . . .
Conventional
loans:
Offered 9
Accepted . . .
FEDERAL HOME LOAN
MORTGAGE CORPORATION
Mortgage holdings (end of period):
Total
FHA/VA
Conventional




10

179

42, Mortgage markets—Continued
Millions of dollars, except as noted
1973

Item

....
Mar.

Apr.

May

June

July

Aug.

Sept.

Get.

1

Nov.

Dec.

38.9
28,8
75.5
26.0

37.7
28.0
75,. S
25.6

Terms and yields in primary and secondary markets
PRIMARY MARKETS
Conventional mortgages on new homes
Terms: *
Purchase price (thous. dollars)
Amount of loan (thous. dollars).
Loan/price ratio (per cent)
Maturity (years)
Fees and 2charges (per cent of loan
amount)
Contract rate (per cent per annum) . . .
Yield (per cent per annum):
FHLBB series 3
HUD series *.

. .

36.7
28.3
78.4
26.6

36.9
28,2
78.2
26.6

35.6
27.2
77.7
25.9

35.8
27.5
78.0
26.3

37.0
28.3
78.1
26.3

39.6
28.9
76.7
26.7

38.5
29.0
76.9
26.1

37.2
28.2
77.3
26.6

1.09
7.51

1.11
7.53

1.05
7.55

1.08
7,62

1.11
7,69

1.08
7.77

1.19
7.98

1.20
8.12

1.08
8.22

1.12
8.31

7.68
7.80

7.71
7.90

7.71
7.95

7.79
8,05

7.87
8.40

7.94
8.85

8.17
8.95

8.31
8,80

8.39
8.75

8.49
8.75

7.63
7.24

7.73
7.33

7.79
7.48

7.89
7.53

8,19
7.92 "°8!43"

9.18
8.19

8.97
7. HI

8.86
7.88

8.73
7.81

7.79
7.99

7,89
8.17

7.98
8.35

8.06
8.47

8.45
8.73

9.30
9.59

9.01
9.15

8.84
8.92

8. 78
8.82

SECONDARY MARKETS
Yields (per cent per annum) on—6
FHA mortgages (HUD series)
GNMA securities7*
FNMA auctions:
Government-underwritten loans.
Conventional loans

8.84
9,12

Activity in secondary markets
FEDERAL NATIONAL
MORTGAGE ASSOCIATION
Mortgage holdings (end of period) :
Total
FHA-insured
VA-guaranteed
Conventional

20,571
15,201
5,259
111

20,791
15,390
5,269
133

21,087
15,581
5,335
170

21,413
15,768
5,411
234

21,772
15,877
5,574
321

22,319
16,085
5,761
472

22,831
16,293
5,937
596

23,348
16,510
6,101
738

23,912
16,734
6,294
884

24,175
16,852
6,352
971

522

355

472

516
1

516

699

633

659

656

410
40

Mortgage commitments:
Contracted (during period)
Outstanding (end of period)

933
8,139

1,211
8,742

1,180
9,312

1,191
9,778

1,102
9,859

1,019
9,809

724
9,602

264
8,918

200
8,690

158
7.889

Auction of 4-month commitments to buy—
Government-underwritten
loans:
Offered 9
Accepted
Conventional
loans:
Offered 9
Accepted .

468.1
276.4

712.4
522.5

470.7
327,8

383.8
260.9

890.7
426.2

983.5
425.7

689.1
396. S

85.5
62.3

54.2
44.0

38.6
36.2

147.1
100,7

351.8
258.2

230.9
158.3

205.1
143.5

227.4
134.2

425.7
154.6

167.2
108.3

45.1
32.7

55.1
38.8

51.4
32.2

1,718
1,589
128

1,784
1,646
138

1,906
1,695
211

2,029
1,716
313

2,158
1,714
444

2,307
1,728
579

2,423
1,729
694 1

2,527
1,742
785

2,565
1,746
819

2,604
1,743
861

Mortgage transactions (during period):
Purchases
Sales

119
68

126
51

147
17

154
21

140

161

126

113

46

50
2

Mortgage commitments : l /
Contracted (during period)
Outstanding (end of period)

141
295

193
343

187
344

159
316

139
278

208
291

143
288

63
218

45
207

43
186

Mortgage transactions (during period):
Purchases
Sales .
8

FEDERAL HOME LOAN
MORTGAGE CORPORATION
Mortgage holdings (end of period): 10
Total
FHA/VA
Conventional
...
....

180



!

42. Mortgage markets—Continued
Millions of dollars, except as noted

1974
Item

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept,

Terms and yields in primary and secondary markets
PRIMARY MARKETS
Conventional mortgages on new homes
Terms: 1
Purchase price (thous, dollars)
Amount of loan (thous. dollars)
Loan/price ratio (per cent)
Maturity (years ) .
....
Fees and charges (per cent of loan
amount) ^
.....
....
Contract rnte (per cent per annum)
Yield (per cent per
annum) :
FHLBB series 3 . .
. .
HUD series 4

...

38.8
28.9
76.3
26.4

37.8
28.5
76.5
25.9

39.1
29,5
77.3
26.4

38.5
29.2
77.3
26.1

37.9
28.8
76.8
25.8

39.7
30.1
76.9
26.3

40.5
29.6
74.4
26.1

40.2
29.5
75.3
26.4

42.4
31.1
74.8
26.1

1.16
8.33

1.33
8.40

1.35
8.43

1.21
8.47

1.20
8.55

1.25
8.65

1.28
8.75

1.32
8.87

1.30
8.97

8.52
8.65

8.62
8.55

8.64
8.60

8.67
8.90

8.74
9.15

8.85
9.25

8.96
9.40

9.09
9.60

9.19
9.80

7.82

8.54
7.80

8.66
8.03

9.17
8.46

9.46
8.67

9.46
8.73

9.85
9.19

10.30
9.42

10.38
9.62

8.71
8.77

8.48
8.60

8.54
8.93

9.04
9.08

9.40
9.52

9.54
9.61

9.85
9.88

10.25
10.31

10.58
10.69

SECONDARY MARKETS
Yields (per cent per annum) on—6
FHA mortgages (HUD
series)
GNMA securities 6
FNMA auctions: *
Government-underwritten loans
Conventional loans

. ,.

Activity in secondary markets
FEDERAL NATIONAL
MORTGAGE ASSOCIATION
Mortgage holdings (end of period) :
Total
..
FHA-insured
.
.
V A -guaranteed
Conventional . . .

....

24,424
17,008
6,348
1,068

24,529
17,050
6,336
1,154

24,875
17,315
6,340
1,233

25,263
17,450
6,503
1,310

25,917
17,725
6,794
1,398

26,559
17,966
7,079
1,513

27,304
18,250
7,384
1,670

28,022
18,526
7,704
1,792

28,641
18,758
7,994
1,889

Mortgage transactions (during period):
Purchases.
...
Sales

....

350

242

462

526
1

821

770

886

868
2

760

110
6,715

489
6,768

1,646
7,913

2,154
9,292

1,145
9,475

537
9,019

1,175
9,044

1,202
9,115

997
9,043

40.2
35.6

108.4
91.8

1,501.8
617.9

1,388.0
435.5

470.3
193.9

123,6
103.0

798.3
369.9

509.4
190,7

230.1
136.1

48.9
34.5

97.0
87.5

197.7
84.3

242.4
104.2

113.7
53.4

44.7
31.7

136,5
71.6

104.0
44.3

68.4
49.9

2,621
1,736
885

2,625
1,730
895

2,638
1,724
914

2,722
1,756
967

2,986
1,827
1,159

3,191
1,877
1,314

3,309
1,883
1,426

3,451
1,886
1,565

3,713
1,896
1,817

34
8

21
6

29
2

101

281

222

129

155

273

26
161

49
185

595
748

400
1,037

1,486
2,221

628
2,598

1,127
3,583

81
3,500

69
3,278

Mortgage commitments : »
Contracted (during period). . . .
Outstanding (end of period)
Auction of 4-month commitments to buy —
Government-underwritten
loans:
Offered e
...
Accepted
Conventional loans:
Offered «
Accepted
FEDERAL HOME LOAN
MORTGAGE CORPORATION
Mortgage holdings (end of period):
Total
...
FHA/VA
Conventional

10

Mortgage transactions (during period):
Purchases
Sales
Mortgage commitments : »
Contracted (during period)
Outstanding (end of period)




...

181

42. Mortgage markets—Continued
Millions of dollars, except as noted

1974

Item

Oct.

Nov.

1975
Jan.

Dec.

Feb.

Mar.

Apr.

May

June

43.5
32.2
75.5
27.0

43.1
32.4
76,4
26.5

Terms and yields in primary and secondary markets
PRIMARY MARKETS
Conventional mortgages on new homes
Terms; >
Purchase price (thous, dollars). . . . .
Amount of loan (thous. dollars)
Loan/price ratio (per cent)
Maturity (years) . . . .
Fees and 2charges (per cent of loan
amount) . . .
.
. ,
Contract rate (per cent per annum)
Yield (per cent per annum):
FHLBB series a
HUD series 4

42.3
30.7
74.7
26.7

41.3
30.2
73,6
26.2

42.4
31.3
75.5
27.5

1

43.2
31.6
73.8
26.7

44,4
33.0
76.5
26.8

45.9
33.7
75.1
26.5

44.5
33.4
76.4
26.5

1.37
8.95

1.40
9.04

1.44
9.13

1.51
9.09

1.44
8.88

1.61
8.79

1.53
8.71

1.63
8.63

1.42
8.73

9.17
9.70

9.27
9.55

9.37
9.45

9.33
9.15

9.12
9.05

9.06
8.90

8,96
9,00

8.90
9.05

H.<>6
9.00

10.13
9.38

8.71

9.51
8.62

8.99
8.48

8.84
8.03

8.69
8.20

°""e!56'

9.16
8.51

9 = 06
8,34

10.22
10.39

9,88
10,04

9.53
9.71

9.23
9.46

8.92
9.12

8.84
8.98

9.05
9.20

9.28
9.42

9,09
9,21

SECONDARY MARKETS
Yields (per cent per annum) on—5
FHA mortgages (HUD
series)
GNMA securities 7fi. . .
FNM A auctions:
Government-underwritten loans
Conventional loans

!

Activity in secondary markets
FEDERAL NATIONAL
MORTGAGE ASSOCIATION
Mortgage holdings (end of period) :
Total
FH A-insured
VA-guaranteed
Conventional
...
Mortgage transactions (during period):
Purchases. . .
Sales
Mortgage commitments:8
Contracted (during period) . . . . .
Outstanding (end of period)

. .

Auction of 4-month commitments to buy—Go vernmentunderwritten loans :
Offered 9 . . .
...
Accepted
Conventional
loans:
Offered 9
Accepted

29,139
18,966
8,206
1,967

29,407
19,083
8,291
2,034

29,578
19,189
8,310
2,080

29,670
19,231
8,318
2,121

29,718
19,256
8,313
2,149

29,754
19,277
8,304
2,173

29,815
19,282
8,337
2,195

29,858
19,251
8,395
2,212

30,013
19,282
8,498
2,233

612

379

278

208

169

151

211

247

326

878
8,987

201
8,532

231
7,960

146
7,285

137
6,672

639
6,636

913
6,890

621
6,615

557
6,549

81.1
55.7

73.5
42.3

137.9
98.4

66.7
49.8

60.8
41.9

559.7
381.5

1,022.5
524.5

691.1
395,4

604,6
365,9

39.7
35.5

41.0
18.9 j

61.4
40.7

29.1
25.5

34.8
18.2

95.1
57.9

179.0
95.9

116.2
82,3

147 2
90,1

FEDERAL HOME LOAN
MORTGAGE CORPORATION
Mortgage holdings (end of period) : 10
Total
FHA/VA
Conventional
,
Mortgage transactions (during period) :
Purchases .
Sales
Mortgage commitments: »
Contracted (during period)
Outstanding (end of period)

182



. ,.

4,107
1,910
2,197

4,352
1,908
2,445

4,586
1,904
2,682

4,744
1,900
2,845

4,533
1,893
2,640

4,608
1,887
2,722

4,634
1 , 890
2,744

4,773
1,920
2,854

4,944
1,936
3,008

410
7

270
12

266
16

199
26

113
309

113
19

121
71

203
38

210

30
2,871

28
2,621

34
2,390

26
2,190

21
2,070

52
1,040

297
1,161

42
969

28
700

42. Mortgage markets—Continued
Millions of dollars, except as noted
J975

1976

Item
July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan,

Feb.

Mar.

45.2
33.4
75.1
26.0

46.8
35.0
76.4
27.1

Terms and yields in primary and secondary markets
PRIMARY MARKETS
Conventional mortgages on new homes
Terms: '
Purchase price (thous. dollars)
Amount of loan (thous. dollars)
Loan/price ratio (per cent)
Maturity (years) .
Fees and charges (per cent of loan
amount) ^
Contract rate (per cent per annum)
Yield (per cent per annum):
FHLBB series
»
HUD series 4

44.1
32.9
75.9
26.0

44.6
33.7
77.0
26.7

45.6
34.1
75.9
26.7

43.9
33.2
77.5
27.3

46.4
34.8
76.5
27.6

45.9
34.7
76.9
27.8

47.2
35.4
76.9
27.4

1.40
8.66

1.56
8.63

1.46
8.70

1.59
8.75

1.65
8.74

1.65
8.74

1.74
8.71

1.56
8.67

1.60
8.67

8.89
9.00

8.89
9.15

8.94
9.25

9.01
9.25

9.01
9.20

9.01
9.15

8.99
9.05

8.93
9.00

8.93
8.95

9.13
8.50

9.32
8.75

9.74
8.97

9.53
8.87

9.41
8.50

9.32
8.56

9.06
8.33

9.04
8.31

8.30

9.14
9.23

9.38
9.46

9.76
9.83

9.91
9.96

9.33
9.44

9.31
9.37

9.09
9.25

9.06
9.16

9,05
9.14

SECONDARY MARKETS
Yields (per cent per annum) on—6
FHA mortgages (HUD series)
GNMA securities 6 .
FNMA auctions: '
Government-underwritten loans
Conventional loans

Activity in secondary markets
FEDERAL NATIONAL
MORTGAGE ASSOCIATION
Mortgage holdings (end of period):
Total
FH A-i-nsured
VA-guaranteed
Conventional

30,351
19,385
8,693
2,273

30,777
19,507
8,942
2,328

31,055
19,560
9,122
2,373

31,373
19,641
9,309
2,423

31,552
19,648
9,430
2,474

31,824
19,732
9,573
2,519

31,772
19,674
9,554
2,545

31,618
19,541
9,521
2,556

31,482
19,431
9,473
2,578

538

594

488

508

372

451

76

56
55

85
22

Mortgage commitments: 8
Contracted (during period) . . . .
Outstanding (end of period)

575
6,119

814
5,888

575
5,399

282
4,685

332
4,385

517
4,126

189
3,170

355
3,201

405
3,120

Auction of 4-month commitments to buy—
Government-underwritten loans:
Offered •
Accepted
Conventional
loans:
Offered 3
Accepted

749.0
422.6

1,221,8
588.5

823.7
339.7

241.7
166.2

362.9
222.3

638.3
350.0

162.3
89.2

379.1
261.1

446.2
293.5

127.9
70.3

195.4
79.9

165.7
79.1

37.2
32.7

88.2
49.8

185.4
83.5

76.1
56.8

101.8
60.2

121.6
78.7

. ..
..

5,015
1,943
3,072

4,942
1,863
3,080

5,033
1,852
3,181

5,119
1,843
3,276

4,971
1,834
3,137

4,987
1,824
3,163

4,958
1,816
3,142

4,686
1,802
2,884

4,602
1,787
2,815

..

161
63

98
145

148
31

176
59

104
225

69
30

47
57

51
296

95
98

139
530

132
509

79
403

45
201

50
124

71
111

42
99

43
87

93
128

...
....
....

Mortgage transactions (during period):
Purchases . .
. . . . .
Sales

FEDERAL HOME LOAN
MORTGAGE CORPORATION
Mortgage holdings (end of period) : w
Total
FHA/VA
Conventional
Mortgage transactions (during period):
Purchases. . ,
Sales
.
Mortgage commitments: n
Contracted (during period)
Outstanding (end of period)




183

42. Mortgage markets—Continued
Millions of dollars, except as noted

1976

Item

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

48.6
36.0
75,6
27.0

51,0
37 1
74,7
27.7

Terms and yields in primary and secondary markets
PRIMARY MARKETS
Conventional
mortgages on new homes
Terms: ]
Purchase price (thous. dollars)
Amount of loan (thous, dollars)
Loan/price ratio (per cent)
Maturity (years)
Fees and 2charges (per cent of loan
amount)
Contract rate (per cent per annum)
Yield (per cent per annum):
FHLBB series 3 . . . ,
HUD series *

48.5
35.8
75.3
27.3

1

46.3
35.3
77.5
26.5

48.9
36.2
75.1
26.5

49.4
36.7
75.8
27.1

49.6
36.8
75.8
27,8

50.6
37.4
75.6
27.7

49.0
36,2
75,3
28.0

1,52
8.67

1.35
8.75

1.27
8.69

1.29
8.76

1.38
8.79

1.42
8.85

1,38
8.85

1.36
8.83

1.38
8,87

8.92
8.90

8.97
9.00

8.89 '
9.05 !

8.97
9.05

9.02
9,05

9.08
9.00

9.07
9.00

9.05
8.95

9.10
8,90

8.82
8.10

9.03
8.33

9.05
8.35

8.99
8.37

8.93
8.30

8.82
8.10

8. 55
7.98

8.45
7.93

8.25
7.59

8.88
9.02

9.05
9.17

9.16
9.31

9.04
9.25

8.99
9.15

8.88
9.11

8.76
9.04

8,67
9.00

8,50
8.85

SECONDARY MARKETS
Yields (per cent per annum) on—6
FHA mortgages (HUD series)
GNMA securities 6
FNMA auctions: »
Government-underwritten loans
Conventional loans

Activity in secondary markets
FEDERAL NATIONAL
MORTGAGE ASSOCIATION
Mortgage holdings (end of period) :
Total
FHA-insured
VA-guaranteed
Conventional

31,389
19,368
9,431
2,590

32,052
19,296
9,390
3,366

32,028
19,238
9,391
3,399

32,011
19,184
9,388
3,439

32,069
19,180
9,394
3,496

32,062
19,133
9,366
3,563

32,019
19,077
9,314
3,628

32,929
18,986
9,264
4,679

32,964
18, <>16
9,212
4,776

103

877

240

210
1

277
1

199

162

1,131
8

191

Mortgage commitments:
Contracted (during period)
Outstanding (end of period)

213
2,788

1,305
3,732

857
4,153

584
4,245

492
4,335

463
3,983

480
3,672

615
3 ( 649

290
3,398

Auction of 4-month commitments to buy—
Government-underwritten
loans:
Offered 9
Accepted . . . . .
Conventional
loans:
Offered 9
Accepted

238.3
116.3

1,117.3
543.7

757.3
481.0

460.1
300.4

361.4
214.4

221.4
117.9

235.5
107.1

494.1
221.1

56.9
41.5

111.7
65.2

239.5
129.0

302.3
220.0

221.2
187.1

298.8
208.7

321.7
225.4

297.5
215.8

353.3
296.9

150,2
135,4

4,520
1,768
2,752

4,486
1,752
2,735

4,529
1,729
2,801

4,551
1,713
2,838

4,310
1,695
2,614

4,269
1,679
2,590

4,190
1,660
2,530

4,162
1,638
2,523

4,269
1,618
2,651

43
86

73
64

163
75

152
84

77
278

88
93

78
116

101
91

208
60

209
289

178
376

72
285

39
154

117
175

163
243

171
326

245
452

105
333

Mortgage transactions (during period):
Purchases . ,
,
Sales
8

FEDERAL HOME LOAN
MORTGAGE CORPORATION
Mortgage holdings (end of period): w
Total, , . .
FHA/VA
Conventional
Mortgage transactions (during period):
Purchases,
Sales
ll

Mortgage commitments:
Contracted (during period)
Outstanding (end of period)

184



43. Mortgage debt outstanding, by type and by type of holder
Millions of dollars

Type of holder, and type of property

A l l holders
1- to 4-family. ,
jMultifamily
Commercial
Farm
.

. . . .

Major financial institutions
Commercial bunks1
1- to 4-family
Multtfamily
Commercial
Farm
Mutual saving,11! banks
1_ to 4-family
.
Multifamily
Commercial
. .
Farm

. .

Savings and loan associations
1_ to 4-family
!Multi family
Commercial
Life insurance companies
1- to 4-family
Multifamilv
Commercial
Farm
Federal and related agencies
Government National Mortgage Assn
1- to 4-family
Multifamily
„

1972

1973

1974

1975

1972

1976

Ql

Q2

Q3

Q4

603 417
372 793
82 572
112 294
35,758

682 321
4*6,883
92 877
131 308
41 , 253

742 , 504
449,937
99 851
146,428
46,288

801 , 640
491,568
100,471
158,724
50,877

889,465
559,255
101,958
170,753
57,499

540 , 698
336,651
72,392
98,595
33,060

561 , 306
348,458
75,762
102 , 820
34,266

581,727
361,335
78,535
106 , 703
35,154

603 417
372,793
82 572
112 294
35,758

450 , 000
99 314
57,004
5 778
31 751
4 781

505 , 400
119 068
67,998
6 932
38,696
5 442

542,552
132 JOS
74,758
7,619
43 , 679
6 049

581,296
136,186
77,018
5,915
46,882
6 371

647,314
150,869
87,897
6,336
49,817
6,819

403,986
85,614
49,571
4,366
27,353
4,324

418,688
90,113
51,789
4,992
28,785
4,547

434,247
95 , 048
54,653
5,323
30,415
4,657

450 , 000
99 314
57,004
5 778
31,751
4 781

67
46
10
10

556
229
910
355
62

73
48
12
12

230
811
343
012
64

74 920
49,213
12 923
12 722
62

77 249
50 , 025
13 792
13 373
59

81 , 734
53,217
14,173
14,287
57

62 , 939
43,871
9 807
9,208
53

64 , 404
44 , 648
10,108
9,588
60

65 , 892
45,385
10 , 49 1
9,956
60

206
167
20
18

182
049
783
350

231
187
22
21

733
750
524
459

249 293
201,553
23 683
24,057

278 693
224,710
25 417
28,566

323 130
261,732
28,116
33,282

180 , 035
146,783
17,967
15,285

188 , 767
153,524
19,009
16,234

197,719
160,686
19,930
17,103

206 182
167,049
20 783
18,350

76
22
17
31
5

948
315
347
608
678

81
20
18
36
5

369
426
451
496
996

86,234
19 026
19,625
41 256
6,327

89,168
17,590
19,629
45 196
6,753

91,581
16,108
19,201
48,854
7,418

75,398
24,173
16T837
28,853
5,535

75 , 404
23,621
16,848
29,353
5,582

75,588
22,936
16,975
30 , 060
5,617

76 , 948
22 315
17,347
31 608
5,678

40
5
2
2

157
113
513
600

46
4
1
2

721
029
455
574

58,320
4 846
2 248
2,598

66,891
7 438
4,728
2,710

66 , 753
4,241
1,970
2,271

37 , 708
5,280
2,708
2,572

38,667
5,260
2,654
2,606

39,672
5,277
2,694
2,583

40,157
5,113
2,513
2,600

67
46
10
10

556
229
910
355
62

Farmers Home Admin,
1_ to 4-family
Multifamily
Commercial
Farm

1 019
279
29
320
391

/ 366
743
29
218
376

7 432
759
167
156
350

1,109
208
215
190
496

1,064
454
218
72
320

1,627
576
31
539
481

1,586
590
31
533
432

1,442
446
30
537
429

1,019
279
29
320
391

Federal Housing and Veterans Admin.
1_ to 4-fatnily
Multifamily. .
.

3 338
2,199
1 139

3 476
2,013
1 463

4,015
2,009
2,006

4,970
1,990
2,980

5,750
1,676
3,474

3,332
2,376
956

3,348
2,352
996

3,364
2,303
1,061

3,338
2,199
1,139

19,791
17 697
2 094

24,175
20 370
3 805

29,578
23 778
5 800

31,824
25,813
6 Oil

32,904
26,934
5,970

18,342
16,957
1,385

18,628
17,046
1,582

19,295
17,441
1,854

19,791
17,697
2,094

Federal land banks
1_ to 4-family
Farm

9 107
13
9 094

11 071
123
10 948

13 863
406
13,457

16,563
549
16,014

19,125
601
18,524

8,139

8,430

8,139

8,430

8,749
4
8,745

9,107
13
9,094

Federal Home Loan Mortgage Corp
1- to 4-family.
MultifamUy

1,769
1 754
35

2,604
2 446
158

4,586
4 217
369

4,987
4,588
399

4,260
3,889
380

988
973
15

1,415
1,404
11

7,545
1,530
15

1,789
1,754
35

14 404
5 504
5 353
151

18 040
7 890
7 561
329

23 799
11 769
11 249
520

34 138
18 257
17 538
719

49 , 801
30,572
29,583
989

10,542
3 992
3 984
8

11,748
4,619
4 567
52

12,815
4,973
4 , 890
83

14 , 404
5 504
5 353
151

766
617
149

757
608
149

1 598
1 349
249

2,671
2,282
389

166
125
41

209
157
52

295
221
74

441
331
110

9 384
5 458
138
1 124
2 664

11 273
6,782
116
1 473
2 902

14,283
9,194
295
1,948
2,846

16 , 558
10,219
532
2,440
3,367

6,384
3,527
97
506
2,254

6,920
3,957
108
542
2,313

7,547
4,476
123
582
2,366

8 459
5,017
131
867
2,444

119,315
56,268
22,140
22 , 569
18 338

125,597
62,693
19,909
22,001
20 994

88 , 462
41,027
18,321
16 840
12 274

92,203
42,149
19,378
17,774
12 902

94,993
43 , 670
19,993
18,050
13,280

98 , 856
45 , 040
21,465
19,043
13 308

Federal National Mortgage Assn
1_ to 4-family
Multifamily

Mortgage pools or trusts 3
Government National Mortgage Assn,
1- to 4-family
Multifamily
Federal Home Loan Mortgage Corp,
1- to 4-family
Multifamily
Farmers Home Admin.
1- to 4-family
Multifamily
Commercial
Farm
Individuals and others 3
1- to 4-family
Multifamily
Commercial
Farm . . .




441
331
110 I

8 459
5,017
131
867
2 444
,

98,856
45 040
21 465
19 043
13 308

112
51
23
21
15

160
112
982
303
763

117
53
24
23
17

833
331
276
085
141

185

43. Mortgage debt outstanding, by type and by type of holder—Continued
Millions of dollars
19 73

Type of holder, and type of property

Ql

Q2

19 74

Q3

Q4

Ql

682,321
416,883
92,877
131,308
41,253

696,843
424,701
95,055
134,951
42,136

716,989 731 874
436 495 > 444 714
96 936 i 98 641
139,807 143 356
43 751
45 163

742 504
449 937
99 851
146,428
46 288

505 , 400
119,068
67,998
6,932
38,696
5,442

514,125
121 , 882
69 374
7,046
39,855
5,607

528 163 537 430
127,320 130,582
72 253 1 73 987
7,313
7*496
43 , 092
41,926
6,007
5,828

542 552
132,105
74 7*>#
7,61,9
43 , 6'f9
6,049

73,230
48,811
12,343
12,012
64

73 , 929
49 , 054
12,507
12,309
59

74,225
49,025
12,605
12,544
51

74 809
49,279
12,805
12,669
56

74,920
49,213
12,«)23
12,722
62

Q2

Q3

Q4

:

All holders
1- to 4-family. . .
Multifamily
Commercial
Farm
Major financial institutions
Commercial banks l
J _ to 4-famiIy, .
Multifamily
Commercial
Farm

.

. .
, ...

,
.

Mutual savings bonks
1- to 4-family
Multifamily
Commercial
Farm

643,921 665,374
395 , 444 407 498
87,661
90,819
121,844 ! 126,859
38,972
40,198

462 , 570
1 103 , 548
' 59,127
6,109
33 , 342
4,970

480 , 068
109,114
62,181
6,469
35,224
5,240

1

. .

Savings a net loan associations. . . .
1- to 4-family
,
Multifamily
Commercial

. . .

68,915
46,909
11,211
10,736
59 i

. .. i
. . .

70 , 634
72,032
47,822
48,387
11,574
11,973
11,179
11.611
59 '
61

1

228,856
185,442
22,359
21,055

231 , 733
187,750
22 , 524
21,459

236,134
191,221
22,763
22,150

243,393
197,002
23 , 342
23,049

247,612
200,343
23,573
23 , 696

249,293
201,553
23,683
24,057

77,982
77,166
21 276
21 857
17,359 ! 17,606
32,307
33,363
5,737
5,643

79,187
20 742
17,927
34,651
5,867

81,369
20,426
18,451
36,496
5,996

82,180
20,104
18,680
37,397
5,999

§3,225
19 583
18,935
38,579
6,128

84,427
19 232
19,209
39,739
6,247

86.234
19,026
19,625
41,256
6,327

41,828
3, 90S
1,425
2,483

45,075
4,430
1,923
2,507

46,721
4,029
1,455
2,574

47,777
3,604
1,079
2,525

51,822
3,616
1,134
2,482

55,224
4,053
1,525
2,527

58,320
4, $46
2,248
2 , 598

41,179
4,664
2,198
2,466

Federal and related agencies
Government National Mortgage Assn
1- to 4-family
Multifamily.

494,863
114,788
65 484
6,745
37,181
5,378

222,338
180,227
21,856
20,255

212,941
172,440
21,358
19,143

Life insurance companies
Multifamily
Commercial. . .
Farm

619,783
1 382,064
84,310
116,255
37,154

1

Farmers Home Admin.
1- to 4-family
Multifamily
Commercial
Farm
,

1 ,281
490 !
24
314
453

1,068
445
9
263
351

1,353
588
22
331
412

1,366
743
29
218
376

1,671
961
46
272
392

2,460
1,414
81
419
546

1.S46
943
114
293
496

1 , 432
759
167
156
350

Federal Housing and Veterans Admin
1_ to 4-family.
. ...
Multifamily

3,354
2,093
1,261

3,293
1,998
1,295

3,446
2,046
1,400

3,476
2,013
1,463

3,523
1,966
1,557

3,596
1,946
1,650

3,787 !
1 964
1,823

4,015
2,009
2,006

20,571
18,217
2,354

21,413
18,521
2,892

22,831
19,479
3,352

24,775
20,370
3,805

24, 875
20,516
4,359

26,559
21,691
4,868

28,641
23,258
5,383

29,578
23,778
5,800

9,591
24
9,567

10,117
40
10,077

10,592
67
10,525

11,071
123
10,948

11,467
168
1 1 , 299

12,400
223
12,177

23,185
308
12,877

13,863
406
13,457

1,718
1,698
20

2,029
1,973
56

2,423
2,294
129

2,604
2,446
158

2,637
2,472
165

3,713
3,414
299

4,586
4,217
369

15,160
6,089
5,835
254

16,615
6,790
6,524
266

17,057
7,222
6,912
310

18,040
7,890
7,561
329

19,709
9,555
9,217
338

20,132
10,225
9,857
368

21,941
10,932
10,506
476

23,799
11,769
11,249
520

661
533
128

734
594
140

776
625
151

766
617
149

774 !
623 i
151

760
612
148

738
595
143

757
608
149

8,410
4,988
120
867
2,435

9,091
5,382
140
970
2,599

9,059
5,385
137
950
2,587

9,380
5,429 i
143
1,118
2,690

9,147
5,330
132
1,065
2,620

10,221
6,170
120
1,231
2,700

11,273
6,782
116
1,473
2,902

100,874
45,655
. . 21,646
19,546
, 14,027

105,410
47,036
22,875
20 , 590
14,909

108,379 112,160 115,232 116,872
51,112 , 52,517 . 53,474
48,124
24,772
24,775
23,807 i 23,982
22,225
21,303
21,850
21,080
16,401
16,090
15,368 i 15,763

117,279
53,190
24,673
22,636
16,780

117,833
53,331
24,276
23,085
17,141

Federal National Mortgage Assn
1- to 4-family.
.
....
Multifamily

.. .

Federal land banks
1- to 4-family
Farm
Federal Home Loan Mortgage Corp
1- to 4-family.
.
Multifamily . ,

. .

IVfortoage pools or trusts "
Government National Mortgage Assn
1- to 4-family
Multifamily. .
1_ to 4-family
Multifamily
Farmers Home Admin
1- to 4-family
Multifamily
Commercial
Farm
...
Individuals and others 3
1_ to 4-family
Multifamily. . . .
Commercial
Farm

186



.

. .

..

.

....
. . .

...
. . . .
,

...

.
,

j

9,384
5,458 i
138 i
1,124
2,664 ;

3,191
2,951
240 :

43. Mortgage debt outstanding, by type and by type of holder—Continued
Millions of dollars
19 75

19 76

Type of holder, and type of property

Qt

Q2

Q3

Q4

Ql

Q2

Q3

Q4

All holders
1- to 4-family
M^ultifamily
Commercial
Farm

752,230
455,243
100,453
148,935
47 , 599

768 , 580
467,353
100,444
151,565
49,218

785,367
479,983
100,464
154,736
50,184

801,640
491,568
100,471
158,724
50,877

819,205
505,309
100,804
160,701
52,391

841 , 694
522,734
101,216
163,616
54,128

866,283
542,170
101,566
166,695
55,852

889,465
559,255
101,958
170,753
57,499

Major financial institutions
Commercial banks 1
1- to 4-family
VTultifamily
Commercial
Farm

546,748
131 , 903
74 , 696
7,176
43 , 924
6,107

558,111
133,012
75,356
6,816
44,598
6,242

569,935
134,514
76,149
6,363
45 , 694
6,308

581,296
136 186
77,018
5 915
46,882
6,371

593,817
139 627
79,755
5 990
47,417
6,465

611,802 630,241
143 699 747 636
86,013
82,900
6,107
6 201
48,125
48 , 749
6,673
6,567 '

647,314
750 869
87,897
6 336
49,817
6,819

Mutual savings banks
1- to 4-family
Multifamily
Commercial
Farm

75,757
49 , 205
13,055
12,837
60

75,796
49,458
13,262
13,024
52

77,249
50 025
13,792
13 373
59

77,853
50 553
1 3 , 699
13 546
55

252 , 442
204,099
23,831
24,512

261 ,336
211,290
24 , 409
25,637

270,600
218,483
24,976
27,141

278
224
25
28

693
710
417
566

286
231
25
29

556
337
847
372

$7,246
18,750
19,800
42 , 268
6,428

87,967
18,365
19,764
43,265
6,573

88,331
17,955
19,703
44 , 042
6,631

89
17
19
45
6

168
590
629
196
753

89
17
19
45
6

59,279
5,599
2,787
2,812

61 , 470
5,6/0
2,787
2,823

64 , 464
6,534
3,692
2,842

631
68
104
174
285

7 ,169
367
268
176
358

4,047
1,879
2,168

*

..

Savings and loctn associations
1- to 4-family
M!ultifamily
Commercial

, . .

,.

76,490
49,719 I
13,523
13,194
54

78 , 838
51 326
1 3 , 674
13 780
58

80 , 249
52 250
13,915
14 028
56

81 , 734
53 217
14,173
14 287
57

574
996
722
856

372
252
27
32

139
521
468
150

781
321
726
907
827

89,691
16 861
19 374
46 456
7 000

90
16
19
47
7

217
458
256
322
igl

91,581
16,108
19 201
48 854
7 418

66 891
7,438
4 728
2,710

67 350
7,619
4 886
2,733

66 033
5,557
3 165
2,392

67 314
5,065
2 486
2 582

66 753
4,241
1 970
2 271

1,118
343
134
181
460

1 109
208
215
190
496

650
97
23
96
434

830
228
46
151
405

7 355
754
143
133
325

7 064
454
218
72
320

4,297
1,915
2,382

4,681
1,951
2,730

4 970
1,990
2 980

5 033
1,908
3 125

5 111
1,781
3,330

5 092
1,716
3 376

5 750
1,676
3 474

29,754
23 , 743
6,011

30,015
23,988
6,027

31 , 055
25 , 049
6,006

31 824
25 813
6 Oil

32 182
26 262
5 920

32 , 038
26 112
5 916

32 962
27 030
5 932

32,904
26 934
5 970

14,640
461
14 179

75 , 435
497
14 938

16,043
525
15 518

16 563
549
16 014

17 264
563
16 701

17,978
575
17 403

18 , 568
586
17 982

79,725
601
18 524

Federal Home Loan Mortgage Corp.
1- to 4-family
Multifamily

4 ,608
4,231
377

4,944
4,543
401

5 033
4,632
401

4 987
4,588
399

4 602
4,247
355

4 529
4,166
363

4 269
3,917
352

4 269
3,889
380

Mortgage pools or trusts 2 . .
Government National Mortgage Assn.
1- to 4-family
Multifamily

27 , 045
13 , 340
12 804
536

29,550
15,437
14 863
574

31,483
16,595
15 946
649

34,138
18 257
17 538
719

37 684
20 479
19 693
786

41 225
23 634
22 821
813

44 960
26 725
25 841
884

49 801
30 572
29 583
989

.
.

1 ,101
941
160

1,193
1,008
185

1,323
1 105
218

7 595
1 349
249

1 999
1 698
301

2 153
1 831
322

2 506
2 141
365

2 677
2 282
389

. ,

12,604
7,854
221
1 526
3,003

12,920
8,112
116
1 687
3 , 005

13 , 565
8 563
296
1 765
2,941

14,283
9,194
295
1 948
2,846

75 , 206
9,516
542
2 122
3,026

15,438
9,670
541
2 104
3,123

75,729
9,587
535
2 291
3,316

16,558
10,219
532
2 440
3,367

119 158
53 725
24 , 202
23 , 694
17 537

119 449
54 804
23,417
23,178
18 050

119 485
55 871
22,623
22 719
18 272

119 315
56 268
22,140
22,569
18 338

120 354
57 473
21,757
22 241
18 883

122 634
59 302
21,616
22,144
19 572

123 768
60 870
20,557
22 , 022
20 319

125 597
62 ' 693
19,909
22,001
20,994

.

.

*

Life insurance companies
1- to 4-family
Multifamily
Commercial
Farm
Federal and related agencies
Government National Mortgage Assn
1_ to 4-family
Multifamily
Farmers Home Admin.
\. to 4-family
Multifamily
Commercial
Farm
Federal Housing and Veterans Admin.
1 - to 4-family
Multifamily

,

Federal National Mortgage Assn .
1- to 4-family
Multifamily
Federal land banks
1_ to 4-family
Farm

........

Federal Home Loan Mortgage Corp
1- to 4-family
Multifamily
Farmers Home Admin
1- to 4-family
Multifamily
Commercial
Farm.
Individuals and others
1- to 4-family
Multifamily
Commercial
Farm

t

t

3




1

. .

....

299
241
26
30

323
261
28
33

130
732
U6
282

187

44. Instalment credit—Total outstanding, and net change
Millions of dollars

1970

Holder, and type of credit

1971

1972

1973

1974

1975

1970

1976
Jan.

Feb.

96,327

95,848

95,621

42,282
27,508
11,886 i
12,139
2,033 ,
i

42J18
27,330
11,961
11,990
2,022

34,935
20,603
12,908
7,695
9,207
4,747
378

34, #36
20,560
12,864
7,696
9,144
4,76©
372

'
j

Mar.

Amounts outstanding (end of period)
Total
By holder :
Commercial banks . .
Finance companies
Credit unions
Retailers2 *
Others
By type of credit:
Automobile
.
Commercial banks
Indirect
Direct
Finance companies

...

.

Others
Afobilc homes
Commercial banks
Finance companies
Home improvement
Commercial banks

. .

Revolving credit:
Bank credit cards
Bank check credit
All other
., ..
Commercial banks, total
Personal loans
Finance companies total .
Personal loans
Credit unions
Retailers
Others

,

101,964

112,002

126,759

148,177

157,454

45,396
27,580
12,986
13,682
2,320

51,606
29,224
14,770
13,925
2,477

60,870
31,893
16,965
14,763
2,268

71,871
35,359
19,633
16,395
4,919

75,846
36,087
21,895
17,933
5,693

78,667
35,994
25,666
18,002
6,626 !

89,511
38,639
30,546
19,052
7,741 ;

42,364
27,612
11,898
12,511

35,181
20,805
12,918
7,888
9,042
5,000
334

39,388
23,252
13,908
9,344
10 t 163
5,613
360

46,613
27,305
16,323
10,982
10,516
8,421
371

52,377
31,502
18,997
12,505
10,739
9,746
384

52,871
30,994
18,687
12,306
10,623
10,869
386

55,879
31,553
18,353
13,200
11,155
12,741
430

66,116
37,984
21,176
16,808
12,489
15,163
480

35,141
20,734
12,999
7,735 ,
9,293
4,764
350 •

2,461

2,461

7,185
4,634
2,551

9,495
6,406
2,909

13,552
8,340
3,360

14,618
8,972
3,525

14,423 \
8,649
3,451

14,572
8,734 i
3,273

5,010
3,071

5,239
3,231

6,226
3,601

7,428
4,083

8,522
4,694

9,405
4,965

10,990
5,554

4,588
2,957

4,584 '
2,933 ,

4 ,$87
2,920

3,792
1,336

4,490
1,462

5,408
1,775

6,838
2,254

8,281
2,797

9,501
2,810

11,351
3,041

2,802
1,105

2,831 !
1,117

2,846
1,118

54,185
16,393
9,280
15,938
12,718
7,585
13,682
587

54,239
14,538
10,064
16,432
13,390
8,713
13,925
631

57,241
16,373
11,380
18,314
14,752
7,108
14,763
682

65,735
18,854
12,873
20,846 i
16,501 !
8,226
16,395
1,414

70,364
20,108
13,771
21,590
16,985
9,174
17,933
1,559

72,937
21,188
14,629
21,238
17,263
10,754
18,002
1,755

52,691
14,766
8,655
18,143
12,381
6,757
12,511
514

52,381
14,798
8,6H
18,127
12,370 j
6,762
12,139 i
555 ',

52,2?4
14,874
8,601
18,012
12,303
6,822
11 ,900
536

164,955 i 185,489

79,4 IB
22,847
15,669 1
22,749
18,554
12,799
19,052
1,971

Net change (during period)
Total

,

,

By holder:
Commercial banks
Finance companies. , .
Credit unions
Retailers * . . . .
Others a
By type of credit:
Automobile
Commercial banks
Indirect ,
Direct
Finance companies
Credit unions. .
Others

.. .

1,942

;

3

4,852

10,043

15,191

19,707

9,280

7,504

20,533

460

471

227

2,845
-143
958
816
376

6,210
1,649
1,784
243
157

9,263
2,671
2,195
838
224

11,001
3,467
2,663
1,632
939

3,975
731
2,262
1,538
774

2,821
-90
3,771
69
933

10,845
2,644
4,880
1,050
1,115

235
42
76
81
26

200
135
72
13
50

132
12
77
29

-347
= 119
= 215
96
-371
172
-29

4,207
2,447
990
1,456
1,121 !
613
26

5,512
4,053
2,415
1,638
353
1,090
16

5,758
4,197
2,675
1,523
223
1,324
13

500
-508
-310
-198
-116
1,123
2

3,007
559
-334
894
532
1,872
44

10 , 238
6,431
2,823
3,608
1,334
2,422
50

= 77
--7
= 14
7
-15
13

-26
= 18
= 25
7
-32
15
8

"35
- 50
— 42'
-8
12
13
-10

750
85
-111
1,5$5
588

22
-5

26
=1

25
2

Finance companies

259

876
784
92

2,756
1,773
360

2,880
1,933
451

1,068
632
166

-195
-323
-73

Home improvement
Commercial banks

395
74

231
160

731
370

1,200
482

1,094
611

$$1
271

Revolving credit:
Bank credit cards.
Bank check credit

1,153
255

699
126

918
314

1,430
478

1,443
543

1,220
14

1,850
231

169
21

117
16

103
16

3,136
1,481
581

3,905
1,995
784
495
673
1,128
243
44

5,561
1,835
1,316
1,882
1,361
920
838
86

7,962
2,480
1,492
2,535
1,749
1,118
1,632
197

4,631
1,255
898
746
486
948
1,538
145

2,577
1,080
858
-348
279
1,580
69
196

6,479
1,659
1,040
1,509
1,290
2,045
1,050
217

259 '
57
6
55
-6
67
SI
i

338
86
12
168
80
57
13
15

11$
61
5
— 22
29
62
29
- 12

Mobile homes.

All other
Commercial banks total
Personal loans. .
Finance companies, total. . . .
Personal loans
Credit unions
Retailers . . .
Others

188




259

234
766
816
68

I

44. Instalment credit—Total outstanding, and net change—Continued
Millions of dollars

1970
Holder, and type of credit
May

Apr.

June

Aug.

July

Sept.

Oct.

Nov.

Dec.

Amounts outstanding (end of period)
Total

96,140

96,699

97,836

98,631

99,464

100,050

100,228

100,230

101,964

By holder :
Commercial banks
Finance companies
Credit unions . .
Retailers2 *
Others
. ..

42,697
27,361
12,090
11,982
2,010

43,057
27,348
12,234
11,978
2,082

43,634
27,543
12 t 484
12,067
2,108

44,560
27,237
12,603
12,040
2,191

44,908
27,452
12,764
12,125
2,215

45,156
27,525
12,888
12,261
2,220

45,232
27,540
12,908
12,294
2,254

45 ,069
27,464
12,924
12,445
2,328

45,396
27,580
12,986
13,682
2,320

34, 938
20,606
12,852
7,753
9,187
4,792
353

35,062
20,680
12,894
7,786
9,197
4,837
348

35,374
20,838
12,967
7,871
9,250
4,924
362

35,570
21,261
13,327
7,935
8,988
4,952
369

35,801
21,293
13,342
7,950
9,151
4,996
361

35,830
21,248
13,285
7,963
9,218
5,025
339

35,818
21,238
13,254
7,984
9,220
5,014
346

35,542
21,018
13,086
7,932
9,176
5,001
347

35,181
20,805
12,918
7,888
9,042
5,000
334

By type of credit :
Automobile
Commercial banks
Indirect
Direct
Finance companies

.

.

Others
Mobile homes .
Commercial banks
Finance companies

. .

Home improvement
Commercial banks
Revolving credit:
Bank credit cards
Bank check credit

.

. , *

A 11 other
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions
Retailers
Others.

2,327

2,370

2,406

2,444

2,454

2,464

2 ,461

2,327

2,370

2,406

2,444

2,454

2,464

2,461

4,613
2,929

4,683
2,952

4,748
2,981

4,825
3,017

4,881
3,043

4,935
3,067

4,976
3,080

5,010
3,083

5,010
3,071

2,912
1,144

2,954
1,157

3,048
1,180

3,132
1,203

3,219
1,227

3,336
1,264

3,404
1,280

3,475
1,290

3,792
1,336

52,533
15,106
8,692
18,000
12,316
6,925
11,982
520

52,342
15,313
8,726
17,977
12,279
7,019
11,978
555

51,158
15,586
8,797
15,792
12,380
7,175
12,067
538

51,531
15,947
8,896
15,713
12,418
7,262
12,040
569

51,931
16,127
9,039
15,737
12,464
7,374
12,125
568

52,241
16,241
9,161
15,711
12,458
7,465
12,261
563

52,296
16,230
9,177
15,715
12,462
7,496
12,294
561

52,450
16,204
9,192
15,679
12,506
7,524
12,445
598

54, 185
16,393
9,280
15,938
12,718
7,585
13,682
587

Net change (during period)
Total.
By holder:
Commercial banks
Finance companies
Credit unions
Retailers2 l
Others
By type of credit:
Automobile . .
Commercial banks
Indirect
Direct.
Finance companies
Credit unions
Others.

.

3

291

308

406

307

466

531

222

-68

433

134
-17
68
77
29

183
-31
82
43
31

202
-3
106
80
21

405
-442
114
107
123

188
150
74
56

185
160
106
74
6

91
3
46
53
29

27
-83
46
-92
34

220
-=75
70
162
56

-67
-67
-76
9
-7
19
-12

-40
*-30
»-31
, 1
-30
20

-43
-35
-50
15
-34
30
-3

-88
196
253
-57
-317
28
5

143
15
-14
29
122
11
g

102
9
-21
31
95
17
-19

-61
-41
-52
11
-16
1
-5

-182
-133
-101
-33
-39
-10

-148
^67
-69
2
-82
3
-2

30

24

24

8

7

1

30

24

24

8

1

1

Mobile homes
Commercial banks
Finance companies
Home improvement
Commercial banks. .

25
2

30

30
1

48
10

18
6

40
14

38
10

39
18

56
17

Revolving credit:
Bank credit cards,
Bank chetik credit

76
19

72
18

96
18

89
25

88
24

91
22

78
25

69
21

43
23

237
103
29
— 10
16
55
77
12

228
122
32

305
123
34
33
56
69
80

203
85
78
-145
8
82
107
74

170
56
77
15
8
58
56
-15

251
48
89
47
59
85
74
-3

134
19
35
13
20
45
53
4

-22
52
67
—44
13
55
-=-92
7

458
204
98
14
19
65
162
13

Allother
Commercial banks, total
Personal loans
Finance companies total
Personal loans. ...
Credit unions. .
Retailers. .
Others. .




-21
57
43
7

189

44. Instalment credit—Total outstanding, and net change—Continued
Millions of dollars
1971
Holder, and type of credit

i

Jan.

Mar.

Feb.

May

Apr,

June

July

Aug.

Sept

Amounts outstanding (end of period)
Total
By holder:
Commercial banks
Finance companies
Credit unions
.
Retailersa l
Others

....
. . .

By type of credit:
Automobile
Commercial banks
Indirect
Direct
Finance companies
Credit unions
Others
.
Mobile homes ,
Commercial banks
Finance companies
Home improvement.
Commercial banks

.

....

Revolving credit:
Bunk credit cards
Bank check credit
All other
Commercial banks, total. .
Personal loans
Finance companies, total
Personal loans
Credit unions
Retailers
Others

100,850

100,476

100,678

101,723

102,628

103,955

104,913

106,294

107,439

45,301
27,369
12,839
13,038
2,303

45,314
27,286
12,843
12,690
2,343

45,629
27,218
13,000
12,486
2,345

46,397
27,330
13,182
12,442
2,372

47,041
27,437
13,371
12,396
2,383

47,850
27,600
13,689
12,408
2,408

48,471
27,947
13,802
12,319
2,374

49,208
28,188
14,086
12,380
2,432

49,837
28,252
14,310
12,572
2 ,468

34,905
20,637
12,782
7,855
9,007
4,930
331

34,989
20,653
12,739
7,914
9,066
4 t 918
352

3St296
20,818
12,769
8,049
9,140
4,979
359

35,873
21,187
12,946
8,241
9,283
5,035
368

36,331
21 ,485
13,095
8,390
9,396
5,094
356

36,991
21,858
13,277 1
8,581
9,564
5,202
367

37,519
22,152
13,431
8,721
9,763
5,244
360

37,953
22,428
13,591
8,837
9,811
5,352
362

38,260
22,602
13,688
8,914
9,862
5,4*7
359

2,444

2,434

2,420

2,419

2,427

2,443 \

2,444

2,434

2,420

2,419

2,427

2,443

6,452
3 t 989
2,463

6,620
4,135
2,485

6,784
4,276
2,508

4,960
3,043

4,937
3,025

4,926
3,018

4,943
3,037

4,998
3,076

5,069
3,125

5,117
3,167

5,186
3,205

5,229
3,220

3,806
1,335

3,754
1,339

3,711
1,327

3,786
1,337

3,832
1,335

3,895
1,359

3,945
1 ,370

4,016
1,389

4,096
1,418

53,400
16,480
9,266
15,785
12,610
7,513
13,038
584

53,024
16,544
9,235
15,658
12,543
7,528
12,690
604

52,998
16,755
9,302
15,536
12,487
7,620
12,486
601

53,365
17,050
9,416
15,514
12,501
7,751
12,442
608

53,705
17,313
9,468
15,507
12,532
7,876
12,396
613

54,198
17,613
9,488
15,494
12,581
8,076
12,408
607

50,511
13,849
9,567
15,626
12,717
8,144
12,319
573

51,129
14,034
9,732
15,800
12,881
8,311
12,380
604

52,653
14,216
9,866
15,796
12,866
8,443
12,572
626

\

Home improvement
Commercial banks

. .

Revolving credit:
Bank credit cards
Bank check credit
All other. .
Commercial banks, total
Personal loans
Finance companies, total, . .
Personal loans
Credit unions.
Retailers
Others

190



. .

718

904

263
59
73
-224
22

324
95
95
65
2

390
142
150
-5
12

425
70
107
54
97

445
46
120
-11
-14

339
-81
146
-I
31

411
177
109
44
-23

513
160
176
32
23

163
44
-6
49
80
18
21

307
153
32
122
127
23
4

328
126
29
97
142
58

353
187
76
112
97
42
27

276
189
76
113
62
32
-7

220
149
42
107
32
42
-3

306
170
65
105
103

318
221
107
114
28

5

-2

4

2

6

5

9

4

;
i

2

6

134
122
12

119
109
10

1
10

6
1

11
5

10
5

16
13

34
18

22
16

23
14

44
-2

47
8

68
5

80
10

87
3

62
14

47
15

53
14

-17
168
60
-24
27
60
-224
3

213
107
29
-27
14
71
65
-3

272
185
79

299
143
45
-22
20
70
54
54

201
152
42
-12
7
83
-11
-11

99
97
-12
-110
-17
94
—1
19

193
40
55
67
90
65
44
-23

377
102
83
130
108
103
32
10

33
88
-5
4

™1
o

6

i

*•*

434

*+

586

*- r j —- o>,

753

*• *— hs Ui

689

•— >—

Mobile homes.
Commercial banks
Finance companies

581

H- -tw

By type of credit :
Automobile .
Commercial banks
Indirect . ,
Direct
Finance companies
Credit unions
Others
,

193

*- _*

By holder:
Commercial banks
Finance companies
Credit unions
Retailers
*.
Others 2

MNJM*.<j»'O0*,^o *-*
*-u»
h^r^
^s* — "^^^
^raorar^
*. 4k sv -=»s -« to W ^ ^i*£ ys o ^M^o ^4 ^4 u* ae <C -J -u jk .fe. © 4^ ^*
M

Total

r

Net change (during period) 3

44. Instalment credit—Total outstanding, and net change—Continued
Millions of dollars

1971

1972

Holder, and type of credit

Nov.

Oct.

Jan.

Dec.

Mar.

Feb.

Apr.

May

June

Amounts outstanding (end of period)
Total

108,224

109,681

112,002

110,765

110,640

111,428

112,980

114,848

117,120

50,290
28,443
14,421
12,569
2,501

50,861
28,763
14,609
12,926
2,522

51,606
29,224
14,770
13,925
2,477

51,639
29,092
14,636
13,365
2,033

51,839
29,103
14,702
12,944
2,052

52,448
29,184
14,910
12,812
2,073

53,373
29 ,440
15,270
12,798
2,099

54,481
29,823
15,592
12,824
2,129

55,872
30,273
16,010
12,802
2,163

38,702
22,871
13,809
9,062
9,983
5,479
369

39,205
23,165
13,909
9,256
10,114
5,551
375

39,388
23,252
13,908
9,344
10,163
5,613
360

40,927
23,227
13,879
9,348
10,088
7,265
347

41,090
23,348
13,946
9,402
10,083
7,298
361

41,560
23,709
14,134
9,575
10,083
7,401
367

42,261
24,133
14,362
9,772
10,177
7,580
371

43,085
24,680
14,675
10,005
10,293
7,740
372

44,163
25,365
15,100
10,266
10,473
7,947
377

. ,

6 ,929
4,403
2,526

7,059
4,523
2,536

7,185
4,634
2,551

7,414
4,709
2,550

7,508
4,793
2,559

7,637
4,905
2,574

7,802
5,039
2,601

8,016
5,215
2,636

8,277
5,434
2,673

....

5,252
3,244

5,258
3,244

5,239
3,231

5,453
3,211

5,449
3,210

5,497
3,234

5,559
3,290

5,700
3,361

5,863
3,443

4,087
1,417

4,139
1,426

4,490
1,462

4,437
1,478

4,369
1,492

4 ,346
1,486

4,413
1,509

4,467
1,541

4,562
1,578

51,837
14,268
9,895
15,852
12,907
8,509
12,569
639

52,595
14,365
9,966
16,034
13,081
8,619
12 ,926
651

54,239
14,538
10,064
16,432
13,390
8,713
13,925
631

5/.056
14,577
10,098
16,378
13,347
6,132
13,365
603

50,733
14,628
10,153
16,392
13,365
6,160
12,944
609

50,907
14,768
10,250
16,463
13,416
6,247
12,812
617

51,406
14,989
10,413
16,597
13,536
6,398
12,798
624

52,040
15,217
10,559
16,834
13,692
6,533
12,824
632

52,675
15,490
10,742
17,039
13,832
6,708
12,802
639

1,633

1,306

1,137

......

By holder :
Commercial batiks
Finance companies
Credit unions
Retailers
*
Others 2

. ..
....

By type of credit ;
Automobile
Commercial banks
Indirect
Direct...
Finance companies
Credit unions
Others
Mobile homes
Finance companies
Home improvement
Commerciat banks
Revolving credit:
Bank credit cards
Bank check credit
Allother
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions . .
Retailers .
Others. . . ,

Net change (during period) 3
1,022

Total

1,325

1,144

1,080

1,075

1,309

By holder:
Commercial banks
Finance companies . .
Credit unions
Retailers *.
Others 2 . , .

583
238
147
24
30

751
265
236
88
-IS

731
258
160
-16
11

622
220
159
69
10

670
234
185
-22
8

722
286
181
109
11

794
312
420
75
32

762
260
211
37
36

808
108
189
4
28

By type of credit :
Automobile
Commercial banks
Indirect.
Direct.
Finance companies
Credit unions
Others ,

446
279
124
154
114
55
-2

595
374
171
, 203
139
78
4

452
280
129
150
109
69
5

411
250
145
105
75
72
14

457
282
159
123
80
93
2

447
295
167
129
65
89
-2

642
345
183
162
76
209
12

511
327
185
142
69
108
7

446
364
217
147
-10
95
-3

Mobile homes
Commercial banks
Finance companies

135
119
16

136
128
8

166
144
22

171
146
23

757
133
22

168
131
35

180
147
29

171
143
26

173
149
22

Home improvement
Commercial banks

23
15

16
18

32
16

32
29

46
37

58
39

95
48

67
31

97
38

18
9

29
18

36
15

7
17

45
16

103
14

96
27

90
33

78
29

391
143
79
114
100
89
24
21

531
184
115
121
90
152
88
-14

443
240
122
128
118
87
-16
4

442
173
119
120
111
72
69
8

354
156
119
137
105
75
-22
7

5/9
140
102
188
154
76
109
6

592
131
112
206
159
175
75
6

434
139
111
167
90
85
37
7

314
150
128
74
69
79
4
7

...

Revolving credit:
Bank credit cards
Bank check credit
Allother..
Commercial banks, total
Personal loans
Finance companies total
Personal loans
Credit unions
Retailers. .
Others .




.. .

...

191

44. Instalment credit—Total outstanding, and net change—Continued
Millions of dollars
1972

Holder, and type of credit
July

Sept.

Aug.

1973

j

Nov.

Oct.

Dee.

Jan,

Feb.

Mar.

Amounts outstanding (end of period)
118,145

120,206

121,440

122,436

124,126

126,759

128,553

129,129

130,339

By holder:
Commercial banks
Finance companies
Credit unions
Retailers2 l
Others

56,701
30,582
15,937
12,737
2,188

57,849
30,936
16,314
12,899
2,208

58,590
31,007
16,472
13,141
2,230

59,306
31,104
16,602
13,180
2,244

59,939
31,407
16,822
13,699
2,259

60,870
31,893
16,965
14,763
2,268

61,369
31,783
16,914
14,451
4,036

61,907
31,877
17,036
14,181
4,128

62,844
31 ,947
17,311
14,010
4,227

By type of credit:
Automobile. . .
Commercial banks
Indirect
Direct
Finance companies
Credit unions
Others
.

44,638
25,780
15,381
10,399
10,567
7,911
380

45,332
26,217
15,679
10,537
10,645
8,098
372

45,557
26,423
15,838
10,584
10,588
8,177
370

45,940
26,795
16,056
10,740
10,538
8,241
365

46,328
27,093
16,212
10,881
10,517
8,350
368

46,613
27,305
16,323
10,982
10,516
8,421
371

46,637
27,558
16,459
11,099
10,340
8,396
343

46,980
27,857
16,669
11,187
10,316
8,457
35.

47,630
28,358
16,932
11,426
10,301
8,593
368

Mobile homes
Commercial banks
Finance companies

8,471
5,590
2,712

8,743
5,806
2,764

8,975
5,992
2,808

9,168
6,143
2,849

9,345
6,277
2,890

9,495
6,406
2,909

10,766
6,491
2,875

10,959
6,616
2,898

11,152
6,755
2,905

Home improvement .
Commercial banks

5,917
3,478

6,048
3,547

6,123
3,588

6,187
3,618

6,215
3,618

6,226
3,601

6,241
3,597

6,283
3,596

6,356
3,631

Revolving credit:
Bank credit cards
Bank check credit

4,618
1,601

4,734
1,644

4,857
1,677

4,889
1,699

4,977
1,724

5,408
1,775

5,436
1,825

5,413
1,852

5,373
1.8SS

52,899
15,633
10,855
17,204
13,943
6,678
12,737
647

53,705
15,901
11,060
17,417
14,104
6,836
12,899
653

54,250
16,053
11,175
17,494
14,150
6,902
13,141
661

54,554
16,162
11,256
17,588
14,194
6,956
13,180
668

55,536
16,251
11,326
17,863
14,416
7,048
13,699
675

57,241
16,373
11,380
18,314
14,752
7,108
14,763
682

57, 648
16,463
11,423
18,410
14,745
7,087
14,451
1,237

57,641
16,572
11,508
18,492
14,790
7,138
14,181
1,258

57, 9^ S
16,871
11,647
18,571
14,806
7,253
14,010

1,787

2,100

2,051

1,849

Total

..

. . .

All other
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions
Retailers
Others

1,276

Net change (during period) 3
Total
By holder:
Commercial banks
Finance companies
Credit unions
l
Retailers
Others 2
By type of credit:
Automobile

.. .

Indirect
Direct
Finance companies.
Others,
Mobile homes
Commercial banks. ,
Finance companies
Home improvement
Commercial banks
Revolving credit:
Bank credit cards
Bank check credit
All other
Commercial banks, total
Personal loans
Finance companies, total. .
Personal loans. .
Credit unions
Retailers
Others. . .

192




, .

1,135

1,340

1,446

913

1,196

732
208
-95
47
21

767
182
155
65
27

728
109
119
142
37

846
168
226
90
10

861
219
204
146
15

1,110
356
238
55
28

1,097
276
281
376
70

1,163
351
260
186
91

1 ,082
2%
284
99
8^

307
330
212
118
22
-46
1

449
333
211
122
35
84
-4

276
288
202
87
-91
63
16

457
369
215
153
-11
110
-11

478
411
249
162
-29
95
1

554
328
226
60
121
22

757

662
536
330
206
9
136
-19

527
343
183
43
131

701

627
448
247
201
39
136
4

174
145
30

195
162
31

181
148
32

182
147
33

189
149
37

219
185
32

201
153
«_4

274
!81
43

255
174
34

23
10

81
38

58
30

70
33

23

57

55
23

100

47

97
40

§?

86
32

73
26

88
24

72
34

69
30

B

,3
41

142
37

Ill
32

291
130
105
149
90
-43
47
8

374
135
88
107
60
59
65

508
150
94
161
128
47
142
8

526
193
128
138
84
97
90
8

623
179
109
199
134
92
146
7

637
229
113
250
184
96
55
7

2,003
226
122
259
142
118
376
23

BOO
237
163
248
165
105
1B6
24

730
266
149
221
114
123
99
21

44. Instalment credit—Total outstanding, and net change—Continued
Millions of dollars

1973
Holder, and type of credit

Apr.

May

June

Aug.

July

Sept,

Oct.

Nov.

Dec.

Amounts outstanding (end of period)
132,110

134,569

137,170

139,164

141,609

142,845

144,487

146,092

148,177

By holder:
Commercial banks
Finance companies
Credit unions
Retailers2 *
Others

64,045
32,170
17,537
14,049
4,309

65,432
32,673
17,925
14,147
4,393

66,862
33,139
18,388
14,297
4,484

68,019
33,625
18,641
14,318
4,561

69,432
34,120
18,999
14,429
4,630

70,044
34,356
19,236
14,518
4,692

70,828
34,708
19,372
14,801
4,778

71,438
35,050
19,542
15,209
4,854

71,871
35,359
19,633
16,395
4,919

By type of credit :
A. u tom obile
Commercial banks
Indirect . , „
Direct
Finance companies
Credit unions
Others

48,353
28,953
17,303
11,650
10,328
8,705
367

49,281
29,591
17,692
11,899
10,426
8,898
366

50,270
30,202
18,110
12,092
10,566
9,128
374

50,959
30,668
18,405
12,263
10,658
9,253
380

51,737
31,176
18,734
12,443
10,753
9,431
377

51,982
31,264
18,845
12,420
10,799
9,549
370

52,431
31,604
19,073
12,531
10,826
9,616
385

52,647
31,725
19,140
12,585
10,833
9,701
389

52,371
31,502
18,997
12,505
10,739
9,746
384

Commercial banks
Finance companies

11,406
6,918
2,951

11,710
7,li6
3,009

12,003
7,304
3,065

12,298
7,512
3,116

12,643
7,766
3,168

12,901
7,938
3,218

13,172
8,140
3,251

13,401
8,288
3,296

13,552
8,340
3,360

6,477
3,688

6,613
3,755

6,773
3,834

6,918
3,904

7,092
3,989

7,189
4,023

7,289
4,064

7,379
4,088

7,428
4,083

5,428
1,869

5,503
1,910

5,653
1,960

5,759
1,995

5,954
2,052

6,075
2,107

6,161
2,151

6,346
2,185

6,838
2,254

58,576
17,190
11,838
18,693
14,873
7,348
14,049
1,297

59,551
17,556
12,049
19,020
15,133
7,511
14,147
1,317

60,512
17,908
12,229
19,264
15,303
7,705
14,297
1,338

61,235
18,182
12,385
19,574
15,523
7,811
14,318
1,351

62, 131
18,493
12,604
19,884
15,747
7,961
14,429
1,364

62,591
18,636
12,702
20,002
15,806
8,060
14,518
1,375

63,283
18,708
12,752
20,269
16,022
8,117
14,801
1,388

64,134
18,806
12,834
20,530
16,239
8,188
15,209
1,401

65,735
18,854
12,873
20,846
16,501
8,226
16,395
1,414

Total

Hotne improvement

. ,..

Revolving credit;
Bank credit cards
Bank check credit
All other
„
Commercial banks, total . .
Finance companies, total
Personal loans
Credit unions
Retailers . ,
Others

Net change (during period) 3
1,752

1,734

1,527

1,743

1,432

1,365

1,786

1,338

976

977
279
261
138
97

961
333
256
95
90

854
142
251
187
92

956
350
212
159
67

927
271
133
33
69

776
349
177
-1
64

832
385
207
291
71

787
226
207
49
70

502
202
147
57
68

By type of credit :
Automobile .
Commercial banks
Indirect ,
Direct . .
Finance companies
Credit unions,
Others . . „

589
431
281
149
27
127
5

589
393
231
162
64
130
3

352
297
216
81
-74
127
2

494
329
191
138
52
111
3

418
341
203
138
7
67
3

427
275
208
68
57
93
1

428
287
201
85
35
101
6

292
210
151
59
-13
93
2

99
73
49
24
-51
73
4

Mobile homes
Commercial banks
Finance companies

262
168
46

265
176
42

202
112
43

263
190
38

239
169
35

231
161
34

229
173
22

233
156
42

223
104
85

Home improvement
Commercial banks

109
38

90
33

98
36

99
39

108
41

88
32

100
38

121
49

102
44

Revolving credit:
Bank credit cards.
Bank check credit

102
24

95
36

136
45

126
41

140
39

103
46

132
56

140
47

86
39

Allother
Commercial banks, total . .
Personal loans
Finance companies, total
Personal loans,
Credit unions
. . .
Retailers
Others.

666
215
130
176
107
113
138
24

660
228
152
210
153
105
95
22

694
228
139
152
112
102
187
25

720
231
128
236
165
84
159
10

489
197
107
194
141
55
33
10

471
159
84
235
150
71
-1
7

841
146
83
308
254
87
291
9

506
186
123
164
128
97
49
11

427
155
104
147
123
60
57
9

Total
By holder:
Commercial banks
Finance companies
Credit unions
Retailers
*
Others 2




,

193

44. Instalment credit—Total outstanding, and net change—Continued
Millions of dollars

1974
Holder, and type of credit

Jan.

Mar.

Feb.

Apr.

May

June

July

Aug.

Sept,

Amounts outstanding (end of period)
147,241

146,913

146,655

147,924

149,734

151,621

153,159

155,382

156,178

By holder:
Commercial banks
Finance companies
Credit unions
Retailersa *
.
Others

71,889
35,148
19,433
15,796
4,976

71,778
35,110
19,411
15,566
5,048

71,845
34,860
19,527
15,287
5,136

72,665
35,032
19,674
15,356
5,197

73,519
35,388
20,001
15,563
5,263

74,522
35,723
20,450
15,590
5,335

75,384
35,971
20,773
15,626
5,405

76,388
36,340
21,274
15,922
5,458

76,620
36,301
21,631
16,117
5 , 509

By type of credit:
Automobile
.
Commercial banks
Indirect .
Direct
Finance companies
Credit unions. . .
Others

51,807
31,290
18,862
12,428
10,499
9,647
372

51,558
31,141
18,769
12,373
10,405
9,636
376

51,507
31,157
18,796
12,361
10,262
9,693
395

51,795
31,388
18,942
12,446
10,252
9,766
389

52,255
31,641
19,104
12,537
10,299
9,928
386

52,919
31 ,947
19,307
12,640
10,429
10,151
391

53,421
32,208
19,469
12,739
10,502
10,312
399

54,075
32,445
19,609
12,836
10,678
10,560
392

54,146
32,305
19,488
12,817
10,721
10,738
383

Mobile homes
Commercial banks
Finance companies

13,618
8,376
3,366

13,741
8,451
3,387

13,761
8,525
3,306

13,923
8,620
3,344

14,098
8,714
3,395

14,276
8,819
3,437

14,383
8,896
3,449

14,520
8,975
3,488

14,609
9,013
3,520

Home improvement
Commercial banks

7,407
4,048

7,444
4,046

7,523
4,071

7,645
4,147

7,825
4,261

7,987
4,357 |

8,147 \
4,468

8,312
4,579

8,407
4,633

Revolving credit:
Bank credit cards
Bank check credit

6,985
2,289

6,891
2,304

6,747
2,309

6,808
2,329

6,901
2,359

7,058
2,400

7,214
2,471

7,492
2,551

7,647
2,621

65,135
18,901
12,909
20,873
16,485
8,142
15,796
1,423

64,974
18,944
12,922
20,898
16,481
8,133
15,566
1,432

64,808
19,037
12,976
20,860
16,429
8,182
15,287
1,442

65,423
19,372
13,167
21,001
16,535
8,243
15,356
1,451

66,296
19,642
13,298
21,250
16,751
8,380
15,563
1,461

66,981
19,941
13,478
21,412
16,885
8,569
15,590
1,470

67,523
20,128
13,624
21,581
17,022
8,704
15,626
1,485

68,433
20,348
13,808
21,750
17,184
8,914
15,922
1,499

68,748
20,401
13,894
21,652
17, UO
9,0(0
16,117
1,515

1,228

772

Total

...

All other ,
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions
Retailers
Others

i

Net change (during period) 3
1,113

1,101

Total

960

1,110

771

1,026

1,125

By holder:
Commercial banks
Finance companies
Credit unions
..
Retailers2 !
Others
.
. ,

547
126
124
87
76

488
190
95
267
69

397
64
165
71
75

464
194
184
108
77

434
182
209
228
72

612
122
220
84
76

602
79
230
136
54

552
130
293
197
56

331
23
239
127
52

14
42
29
13
-92
63
1

18
25
2
23
-53
49
-3

45
33
52
-19
-74
81
4

118
31
40
-9
-1
88

101
2
7
-4
-6
105i

197
102
58
44
-14
109

222 I
87
49
38
8
123
4

301
103
35
69
58

-'-678

'_<?

.11
62
121
~2

69
52
2

75
33
26

57
24
17

99
65 j

702
68

59
39

192
60

154
58

499
96
78
65
71
127
197
13

279
72
73
-32

By type of credit:
A u tomooile
Commercial banks
Indirect . .
Direct
Finance companies. . . .
Credit unions
Others
Mobile homes
Commercial banks
Finance companies

.. .

Home improvement
Commercial banks.
Revolving credit;
Bank credit cards
Bank check credit
All other
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Retailers
Others

194




,

185
114
40

797
125
43

93
106
-43

163
95
38

128
61
37

120
63
26

73
22

94
41

100
44

107
53

120
61

106
57

197
17

101
27

60
43

80
31

126
28

'5

180
69

475
156
103
168
125
50
87
14

673
169
88
186
110
38
267
12

431
111
91
167
95
70
71
12

528
174
102
152 !
103
80
108
13

623
156 i
85
141
137
86
228
12

488
187
139
113
86
92
84
12

462
149
116
81
67
87
136
9

\
1
I
'

tot

127
11

44. Instalment credit—Total outstanding, and net change—Continued
Millions of dollars

1974

1975

Holder, and type of credit

Oct.

Jan.

Dec.

Nov.

Mar.

Feb.

Apr.

May

June

Amounts outstanding (end of period)
Total
By holder :
Commercial banks .
Finance companies
Credit unions
Retailers2 *, . ,.
Others

...

156,266

156,266

157,454

155,497

154,532

153,151

153,288

153,783

154,905

76,601
36,190
21,716
16,185
5,575

76,182
36,059
21,773
16,611
5,642

75,846
36,087
21,895
17,933
5,693

75,284
35,598
21 ,705
17,172
5,738

74,831
35,442
21,817
16,639
5,803

74,026
34,997
21,958
16,288
5,882

74,175
34,824
22,128
16,229
5,932

74,376
34,790
22,372
16,238
6,007

74,925
34 ,947
22,878
16,079
6,077

53,581
31,632
19,086
12,546
10,746
10,808
395

52,871
30,994
18,687
12,306
10,623
10,869
386

52,150
30,535
18,394
12,141
10,465
10,774
375

52,176
30,430
18,325
12,106
10,533
10,830
383

57 , 783
30,067
18,033
12,034
10,412
10,900
404

51 , 762
30,049
17,953
12,096
10,332
10,984
397

52,015
30,120
17,937
12,183
10,374
11,105
416

52,665
30,335
18,032
12,304
10,544
11,357
429

By type of credit:
Automobile
Commercial banks.
Indirect
Direct . .
...
Finance companies
Credit unions . ,
Others

....

53,985
32,053
19,349
12,704
10,764
10,780
388

Mobile homes
Commercial banks.
Finance companies

...

14,660
9,022
3,548

14,654
9,024
3,524

14,618
8,972
3,525

14,565
8,927
3,509

14,505
8,872
3,492

14,446
8,821
3,473

14,424
8,794
3,466

14,420
8,782
3,461

14,440
8,786
3,461

Home improvement
Commercial banks.

....

8,482
4,685

8,521
4,711

8,522
4,694

8,427
4,654

8,426
4,633

8,436
4,612

8,485
4,634

5,577
4,692

8,684
4,764

7,767
2,683

7 ,875
2,699

8,281
2,797

8,403
2,802

8,262
2,778

8,039
2,701

8,097
2,683

8,130
2,629

8,240
2,595

68,689
20,391
13,899
21,485
16,960
9,099
16,185
1,529

68,937
20,241
13,828
21,418
16,925
9,123
16,611
1,545

70,364
20,108
13,771
21,590
16,985
9,174
17,933
1,559

69,150
19,963
13,705
21,352
16,821
9,094
17,172
1,568

68,385
19,855
13,639
21,170
16,703
9,141
16,639
1,580

67,746
19,787
13,563
20,880
16,594
9,200
16,288
1,591

67,836
19,917
13,642
20,816
16,577
9,272
16,229
1,602

68,012
20,023
13,679
20,765
16,575
9,374
16,238
1,612

68,282
20,204
13,780
20,790
16,715
9,586
16,079
1,623

58

1

236

...

....

Revolving credit:
Bank credit cards. .
Bank check credit
All other
Commetcial banks, total.
Personal loans
Finance companies, total
Personal loans. . .
Credit unions
Retailers
Others

.....

Net change (during period) 3

-223

255

-251

-250

-43

414

72
-99
157
72.
53

-270
-218
131
46
60

-518
-15
171
57
55

-99
-192
198
-12
62

164
20
267
-101
64

-255
-197
151
11
67

-69
-110
200
-23
60

-95
-183
179
15
86

115
-64
207
-98
76

By type of credit :
Automobile. . .
Commercial banks.
Indirect .
Direct
Finance companies
Credit unions . .
Others

-727
-251
-139
-112
52
75
-3

-347
-353
-198
-155
-57
60
4

-363
-420
-254
-166
-29
90
-3

-150
-241
-158
-83
-13
102
2

370
79
35
45
150
138
2

-228
-258
-217
-41
-43
69
4

-133
-183
-168
-16
-48
99
-1

-46
-121
-126
=1
-29
87
22

88
-45
-67
22
29
97
7

Mobile homes
Commercial banks
Finance companies

42
10
17

-20
-4
-29

-9
-30
7

22
4
5

-36
-38
-11

-24
-32
-6

-20
-30
-4

-25
-31
-8

-23
-28
=-10

83
57

75
55

53
31

7
16

57
25

40
6

45
10

55
20

37
27

147
63

64
38

-105
60

134
3

92
-7

56
-15

117

66
-25

120
-24

47
47
39
-152
-142
68
72
12

-62
-71
-23
-109
-78
59
46
13

112
-54
-7
31
-39
66
57
13

-58
-15
10
-127
»37
82
-12
13

-63
12
6
-94
-36
106
-101
15

-53
-12
-20
-132
7
68
11
13

53
21
17
-43
-7
84
-23
14

-25
2
7
-128
-76
75
15
12

39
66
46
-39
82
94
-98
16

Total
By holder :
Commercial banks
Finance companies. .
Credit unions
Retailers2 * ...
Others ,

Home improvement
Commercial banks

,

....

Revolving credit:
Bank credit cards
Bank check credit
Allothcr
Commercial banks, total. :
Personal loans
Finance companies, total
Personal loans. .
Credit unions
Retailers
Others. . . .




..
......

195

44. Instalment credit—Total outstanding, and net change—Continued
Millions of dollars

1975

Holder, and type of credit
July

Total
By holder:
Finance companies
Credit unions
Retailers2 1
Others .

,

....

By type of credit :
Automobile
Commercial banks
Indirect
Direct ...
Credit unions
Others

. . .

Mobile homes
Commercial banks
Finance companies
Home improvement
Commercial banks

.. .

Revolving credit:
Bank credit cards
Bank check credit
Alt other
Commercial banks, total .
Personal loans
,
Finance companies, total
Personal loans
Credit unions . ,
.
Retailers
Others . . .

..

.

.

Aug.

Sept.

1976
Oct.

Nov.

Dec.

I
1
Amounts outstanding (end of period)

156,825

158,593

159,823

75,753
35,303
23,636
15,963
6,170

76,508
35,454
24,202
16,172
6,257

77,112
35,445
24,686
16,236
6,344

77,656
35,497
24,906
16,160 I
6,448

77,830
35,715
25,166
16,451 1
6,539

53,623
30,737
18,246
12,491
10,723
11,733
430

54,240
30,922
18,277
12,645
10,879
12,014
426

54,645
31,057
18,296
12,762
10,913
12,254
421

55,196
31,394
18,464
12,930
11,004
12,363
434

14,440
8,767
3,456

14,448
8,757
3,451

14,466
8,753
3,452

8,864
4,832

9,024
4,898

8,344
2,631
68,923
20,443
13,929
20,968
16,942
9,903
15,963
1,646

160,667

161,701

164,955

Jan.

Feb.

Mar.

163,981

163,827

164,559

78,667
35,994 I
25,666
18,002
6,626

78,816
35,797
25,563
17,133
6,672

78,775
35,707
25,826
16,770
6,749

79,221
35,693
26,400
16,396
6,849

55,57a
31,478
18,434 i
13,044
11,114
12,492
434

55,^79
31,553
18,353 ,
13,200
11,155
12,741
430

55,980
31,691
18,411
13,280
11,186
12,689
414

56,446
31,959
18,503
13,456
11,239
12,820
428

57,444
32,536
18,752
13.7H4
11,348
13,105
455

14,451 \
8,718
3,452

14,489
8,715
3,474

14,423
8,649
3,451

14,380
8,635
3,411

14,352
8,620
3,384

14,361
8,632
3,363

9,155
4,942

9,254
4,971

9,330
4,977

9,405
4,965

9,4 IB
4,940

9,474
4,930

9,594
4,958

8,548
2,671

8,735
2,715

8,800
2,735

8,880
2,737

9,501
2,810

9,581
2,810

9,415
2,784

9,231
2,722

69,662
20,714
14,134
20,969
16,950
10,141
16,172
1,667

70,106
20,911
14,291
20,926
16,917
10,343
16,236
1,690

70,231
21 ,037
14,438
20,887
16,904
10,436
16,160
1,711

70,746
21,043
14,458
20 ,975
17,014
10,545
16,451
1,733

72,937
21,188
14,629
21,238
17,263
10,754
18,002
1,755

71,812
21,159
14,634
21,051
17,109
10,711
17,133
1,758

71,357
21,067
14,580
20,937
17,088
10,821
16,770
1 ,762

71,208
21,142
14,596
20, 837
17,024
11,062
16,396
1,771

1,331

1,762

1,704

Net change (during period) 3
896

874

1,021

1,237

1,674

362
170
615
-12
76

307
-13
358
157
87

513
31
301
-65
94

563
57
349
-37
89

619
203
367
-40
89

773
193
509
109
90

790
111
501
-141
71

834
184
477
199
69

928
244
476
-24
81

572
153
59
94
106
315
=2

275
41
-68
109
56
175
3

412
203
62
141
46
154
9

516
284
119
165
63
165
4

643
342
113
230
129
174
-2

860
449
152
297
140
265
6

947
509
278
231
184
254

960
549
232
316
161
244
6

991
56!
262
299
192
232
6

-19
-31
-10

-36
— 44
-=11

—4
-17
-7

-20
-30
-9

34
-3
19

-20
-20
-18

42
43
-21

8
12
-22

44
33
-=7

Home improvement
Commercial banks

113
26

96
25

98
27

97
21

118
36

133
40

130
47

131
54

138
53

Revolving credit:
Bank credit cards
Bank check credit

72
9

111
9

127
15

87
15

81
-1

64
11

62
3

151
-3

183

459
132
93
72
127
251
-12
16

441
166
108
-55
-41
153
157
20

225
157
105

326
185
162
4
33
155
-37
19

361
164
112
57
62
160
-40
20

627
230
209
74
101
197
109
18

147
125
102
-52
-IS
206
-141
9

516
72
38
47
126
192
199
6

347
97
53
61
50
201
.,,24
12

1,211

Total. . . . . . .
By holder:
Commercial banks
Finance companies. , .
Credit unions
Retailers2 >
Others ,
By type of credit:
Automobile. ,
Commercial banks
Indirect
Direct , .
Finance companies. . . . . . .
Credit unions
Others
Mobile homes
Commercial banks
Finance companies. .

Allother
Commercial banks, total
Persona] loans
Finance companies, total
Personal loans. . .
Credit unions
Retailers
Others .

J96



....

8
122
-65
18

44. Instalment credit—Total outstanding, and net change—Continued
Millions of dollars

1976
Holder, and type of credit

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Amounts outstanding (end of period)
166,701

168,717

171,729

173,923

176,613

178,947

179,487

181,237

185,489

80,526
35,987
26,852
16,410
6,927

81,694
36,250
27,467
16,288
7,018

83,124
36,719
28,385
16,386
7,114

84,528
37,132
28,815
16,214
7,234

85,883
37,477
29,518
16,395
7,340

86,943
37,625
30,296
16,643
7,440

87,689
37,779
29,711
16,777
7,531

88,112
38 ,090
30,053
17,335
7,647

89,511
38,639
30,546
19 ,052
7,741

By type of credit :
Automobile
Commercial banks
Indirect .
Direct
Finance companies
Credit unions
Others

58,748
33,436
19,208
14,228
11,534
13,329
448

60,03$
34,257
19,591
14,666
11,686
13,635
456

61,646
35,180
20,015
15,165
11,910
14,090
466

62,827
35,926
20,330
15,596
12,117
14,304
480

63,996
36,601
20,662
15,939
12,264
14,653
478

64,825
37,012
20,824
16,188
12,302
15,039
472

65,042
37,446
21,012
16,434
12,385
14,749
462

65,459
37,647
21 ,040
16,607
12,420
14,918
484

66,116
37,984
21,176
16,808
12,489
15,163
480

Mobile homes
Commercial banks
Finance companies

14,376
8,643
3,351

14,406
8,670
3,336

14,475
8,710
3,343

14,516
8,736
3,333

14,561
8,764
3,323

14,572
8,754
3,316

/4,559
8,736
3,307

14,561
8,726
3,295

14,572
8,734
3,273

Home improvement
Commercial banks

9,740
5,021

9,921
5,103

10,137
5,195

10,307
5,276

10,505
5,365

10,692
5,438

10,763
5,497

10,891
5,544

10,990
5,554

Revolving credit:
Bank credit cards
Bank check credit

9,355
2,702

9,418
2,677

9,549
2,680

9,785
2,736

10,028
2,797

10,302
2,875

10,425
2,913

10,563
2,943

11,351
3,041

77,75,?
21,368
14,748
20,961
17,138
11,251
16,410
1,791

72,261
21,570
14,863
21 ,088
17,253
11,509
16,288
1,807

73,242
21,810
15,013
21,327
17,472
11,893
16,386
1,825

73,753
22,069
15,141
21,545
17,649
12,073
16,214
1,852

74,727
22,329
15,315
21,755
17,845
12,368
16,395
1,880

75,681
22,562
15,470
21,875
17,938
12,694
16,643
1,907

75,785
22,672
15,569
21 ,957
18,009
12,449
16,777
1,930

76,810
22,690
15,566
22,246
18,277
12,592
17,335
1,947

79,418
22,847
15,669
22,749
18,554
12,799
19,052
1,971

1,091

1,634

2,442

Total
By holder:
Commercial banks
Finance companies
Credit unions
Retailers2 J . . ,
Others

.

All other . . .
Commercial banks, total
Personal loans ...
Finance companies, total
Personal loans. . . . ,
Credit unions, .
Retailers
Others
.

. . .

. . .
....

Net change (during period) 8
Total
By holder:
Commercial banks
Finance companies, . ,
Credit unions
Retailers2 ;t
Others ,

1,911

1,761

1,534

1,447

1,528

1,831

912
287
528
89
95

1,036
173
542
-93
104

710
156
465
108
96

824
170
388
-38
102

787
168
366
99
108

948
195
469
124
95

954
228
-396
224
82

770
218
408
126
112

1,269
409
511
159
94

1,028
607
293
314
174
247

2,032
635
281
355
111
276
9

789
489
185
304
57
238
5

707
435
133
301
69
196
8

755
487
212
275
74
187
5

766
487
201
286
40
235
4

334
485
190
295
60
-197
-14

682
426
180
246
49
189
18

1,201
784
409
376
152
259
6

Mobile homes
Commercial banks.
Finance companies

12
2
-10

12
10
-18

15
-3

8
~2
-11

/
-6
-17

-14
-20
-17

-25
-22
-16

-3
-10
-16

85
80
-17

Home improvement
Commercial banks

128
39

148
46

126
38

115
34

118
39

134
55

81
59

163
69

161
69

Revolving credit;
Bank credit cards. .
Bank check credit

158
10

184
21

102
-2

184
35

117
18

203
39

171
38

112
26

69
26

Allother
Commercial banks, total
Personal loans
Finance companies, total .
Personal loans. . .
Credit unions
Retailers
Others

574
95
82
126
121
239
89
25

364
139
104
82
61
219
-93
18

504
83
74
104
100
188
108
21

398
139
78
115
91
160
-38
22

522
132
56
114
107
151
99
26

702
183
89
176
159
198
124
21

493
223
151
188
166
-163
224
21

655
148
68
186
156
181
126
14

899
239
132
274
128
206
159
20

By type of credit:
Automobile
Commercial banks
Indirect
Direct
Finance companies
Credit unions. .
Others . , .




197

45. Instalment credit—Extensions and liquidations
Millions of dollars

1970

Holder, and type of credit

1971

1972

1973

1974

1975

Extensions

1970

1976
Jan.

Feb.

Mar.

3

112,296

123,826

137,117

157,863

157,200

164,169

193,328

9,315

9,249

9,011

By holder:
Commercial banks
Finance companies.
Credit unions
Retailersz l
Others

43,247
31,803
14,057
21,264
1,925

51,642
32,076
16,324
21,855
1,930

60,684
35,726
15,968
22,845
1,893

72,216
38,141
18,318
25,440
3,749

72,605
34,061
19,596
27 ,034
3,904

77,312
31,173
24,096
27,049
4,539

94,220
36,028
28,587
29,188
5,305

3,486
2,805
1,129
1,745
150

3,452
2,779
1,149
1,696
173

3 ,406
2,630
1,147
1,699
129

By type of credit :
Automobile
Commercial banks .
Indirect
Direct
Finance companies
Credit unions . .
Others

30,094
17,864
1 1 ,057
6,807
7,514
4,349
367

35,820
21,503
12,585
8,919
8,726
5,174
417

42,700
25,194
14,851
10,343
9,283
7,813
410

48,399
29,369
17,497
11,872
9,441
9,173
416

45,429
26,406
15,576
10,830
8,604
10,015
404

51,413
28,573
15,766
12,807
9,674
12,683
483

62,988
36,585
19,882
16,704
11,209
14,675
518

2,519
1,481
934
547
670
336
33

2,539
1,484
925
559
656
356
42

2,449
1,429
892
536
643
349
23

731
731

2,630
1,601
1,029

5,122
3,703
1,336

7,061
4,438
1,577

5,782
3,486
1,376

4,323
2,622
764

4,841
3,071
690

2,940
1,630

3,170
1,893

4,126
2,278

4,771
2,487

5,211
2,789

5,55^
2,722

6,736
3,245

225
126

229
129

224
126

6,768
1,936

8,377
2,026

10,390
2,489

13,863
3,373

17,098
4,227

20,428
4,024

25,862
4,783

554
154

512
153

520
151

69,827
15,049
9,215
23,429
15,271
9,487
21,264
598

71,803
16,241
10,148
22,196
15,522
10,879
21,855
632

72,289
16,630
11,707
24,851
17,009
7,260
22,845
704

80,396
18,686
12,928
26,704
18,267
8,146
25,440
1,420

79,453
18,599
13,176
23,796
17,162
8,560
27,034
1,463

78,425
18,944
13,386
20,657
16,944
10,134
27,049
1,642

88,117
20,673
14,480
24,087
19,579
12,340
29,188
1,830

5,863
1,171
726
2,124
1,345
781
1,745
42

?:$
726
2,111
1,334
778
1,696
57

5 ,667
1,181
729
1,977
1 ,250
779
1,699
32

Total

....

Mobile homes . . . . . .
Commercial banks
Finance companies
Home improvement. .
Commercial banks

, .

Revolving credit;
Bank credit cards, . .
Bank check credit
All other.
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions
Retailers
Others

Liquidations
Total
By holder:
Commercial banks. . .
Finance companies
Credit unions. . ,
Retailers !
Others . . . . . . . .
By type of credit:
Automobile,
Commercial bunks. . .
Indirect
Direct
Finance companies
Credit unions
Others

„

,
.. . ....

....

Mobile ftotnei
Commercial bunks
Finance companies
Home improvement, ...
Commercial banks.
Revolving credit;
Bank credit cards
Bank check credit.
All other.
Commercial banks, total
Personal loans, . . .
Finance companies, total
Personal loans
Credit unions
Retailers
Others

198



107,444

113,784

121,926

138,156

147,920

156,665

172,795

8,855

8,778

8,784

40,402
31,946
13,099
20,448
1,549

45,432
30,427
14,540
21,612
1,773

51,421
33,055
13,773
22,007
1,669

61,215
34,674
15,650
23,808
2,809

68,630
33,330
17,334
25,496
3,130

74,491
31,263
20,325
26,980
3 ,606

83,376
33,384
23,707
28,138
4,191

3,251
2,763
1,053
1,664
124

3,252
2,643
1,077
1,683
123

3,274
2,642
1,070
1,670
129

30, 440
17,982
11,272
6,711
7,885
4,177
396

31,614
19,057
11,594
7,463
7,605
4,561
391

37,188
21,141
12,436
8,705
8,930
6,723
394

42,642
25,172
14,823
10,349
9,218
7,849
403

44,929
26,915
15,886
11,029
8,720
8,892
402

48,406
28,014
16,101
11,913
9,142
10,811
439

52,750
30,154
17,059
13,095
9,875
12,253
468

2,530
1,488
947
541
684
323

2,565
1,502
950
552
688
341
34

2,484
1,479
935
544
631
336
38

472

1,753
816
937

2,966
1,930
976

4,182
2,505
1,126

4,715
2,854
1,210

4,517
2,944
837

4,691
2,986
867

4,675
2,451

5,151
2,657

203
131

293
129

199
124

385
133

395
136

417
135

5,604
1,114
720
2,069
1,351
714
1,664
43

5,478
1,089
714
1,943
1,254
721
1,683
42

5,549
I.H9
724
1 ,999
1,221
717
1,670
44

472

....
. .

3

2 ,544
1,555

2,939
1,733

3,396
1,907

3,572
2,005

4,117
2,178

5,615
1,681

7,679
1,901

9,472
2,175

12,433
2,894

15,655
3,684

19,208
4,010

24,012
4,552

66,690
13,567
8,634
23,424
15,037
8,721
20,448
530

67,898
14,246
9,365
21,701
14,849
9,751
21,612
588

66,729
14,795
10,391
22,969
15,648
6,340
22,007
618

72,434
16,205
11,435
24,169
16,518
7,028
23,808
1,223

74,821
17,345
12,278
23,050
16,676
7,613
25,496
1,318

75, 849
17,864
12,528
21,005
16,665
8,554
26,980
1,446

81,638
19,014
13,439
22,578
18,289 1
10,295
28,138
1,613

35
5

45. Instalment credit—Extensions and liquidations—Continued
Millions of dollars

1970
Holder, and type of credit

Apr.

May

June

Aug.

July

Oct.

Sept.

Extensions

Nov.

Dec,

3

Total

9,015

9,329

9,276

9,750

9,435

9,369

9,312

8,997

9,469

By holder:
Commercial banks
Finance companies
Credit unions
Retailers2 l
Others .

3,400
2,674
1,135
1,652
155

3,518
2,674
1,196
1,781
160

3,462
2,774
1,177
1,717
146

3,889
2,602
1,237
1,771
251

3,583
2,669
1,183
1,867
133

3,638
2,596
I t 202
1,795
138

3,617
2,561
1,164
1,808
162

3,513
2,445
1,153
1,719
167

3,762
2,442
1,162
1,912
191

2,461
1,412
857
555
666
359
24

2,530
1,461
901
560
666
370
33

2,503
1,435
867
568
665
374
30

2,883
1,798
1,200
598
660
387
38

2,576
1,513
916
596
666
368
29

2,539
1,534
949
585
624
368
13

2,433
1,474
889
584
578
354
27

2,233
1,375
837
537
475
353
30

2,390
1,457
876
581
539
365
29

106

99

94

93

90

88

106

99

94

93

90

88

. . . . .

By type of credit :
Automobile
Commercial banks
Indirect
Direct
Finance companies
Credit unions .
Others

'. .

Mobile homes
Commercial banks
Finance companies

. ...

Home improvement
Commercial banks .
Revolving credit:
Bank credit cards
Bank check credit .

. . .

All other
Commercial banks total
Personal loans
Finance companies, total
Personal loans
Credif unions
Retailers
Others

226
127

236
131

239
129

262
137

239
137

258
144

265
146

261
149

282
150

513
155

533
159

527
156

561
163

584
164

599
167

605
170

597
168

611
173

5,667
1,193
742
1,996
1,265
765
1,652
55

5,871
1,235
756
1,997
1,228
805
1,781
53

5,550
1,215
741
2,098
1,333
779
1,717
41

5,774
1,229
797
1,827
1,217
829
1,771
118

5,774
1,186
794
1,896
1,278
793
1,867
32

5,772
1,194
798
1,868
1,263
813
1,795
42

5,747
1,223
781
1,875
1,280
792
1,808
49

5,649
1,225
782
1,871
1,272
782
1,719
52

5,924
1,370
838
1,806
1,229
778
1,912
58

Liquidations *
Total

.

...

By holder:
Commercial banks
Finance companies
Credit unions
Retailers *
Others 2
By type of credit:
Automobile
Commercial banks,
Indirect
Direct
Finance companies
Credit unions
Others

.

. . .

8,725

9,020

8,870

9,443

8,969

8,839

9,090

9,065

9,036

3,266
2,691
1,067
1,575
126

3,335
2,704
1,114
1,738
129

3,260
2,777
1,071
1,637
125

3,484
3,044
1,123
1,664
128

3,395
2,519
1,109
1,811
135

3,454
2,436
1,096
1,721
132

3,526
2,558
1,118
1,755
133

3,486
2,528
1,107
1,811
133

3,542
2,517
1,092
1,750
135

2,528
1,478
932
546
674
340
36

2,570
1,491
932
559
696
350
33

2,546
1,470
917
553
699
344
33

2,977
1,602
947
654
977
359
33

2,433
1,498
930
568
544
357
34

2,436
1,524
971
554
529
351
32

2,493
1,514
941
574
594
353
32

2,415
1,508
938
570
514
363
30

2,538
1,524
945
579
621
362
31
87

Mobile homes
Finance companies

76

75

70

85

83

76

75

70

85

83

87

Home improvement
Commercial banks

200
125

206
129

209
129

215
128

221
131

218
130

226
135

222
131

225
132

Revolving credit;
Bank credit cards
Bank check credit

437
135

461
141

431
138

472
138

496
140

509
144

527
145

528
147

569
150

5,424
1,090
713
2,006
1,249
710
1,575
43

5,<J42
1,113
723
1,997
1,249
748
1,738
46

5,545
1,092
707
2,065
1,277
710
1,637
41

5,577
1,144
720
1,972
1,209
747
1,664
44

5,604
1,130
717
1,881
1,270
735
1,811
47

5,461
1,146
708
1,821
1,204
728
1,721
45

5,6/3
1,204
746
1,862
1,260
747
1,755
45

5,67/
1,173
715
1,915
1,259
727
1,811
45

5,466
1,166
740
1,792
1,210
713
1,750
45

All other
Commercial banks, total
Personal loans
Finunce companies total
Personal loans
Credit unions.
Retailers
Others




199

45. Instalment credit—Extensions and liquidations—Continued
Millions of dollars

1971
Holder, and type of credit

Feb.

Jan.

Apr.

Mar.

May

Extensions
Total
By holder:
Commercial banks
Finance companies
.
Credit unions
,
Retailers2 l
Others
.

,

....

By type of credit :
Automobile
Commercial banks
Indirect
Direct
Finance companies . . . .
Credit unions
Others
Mobile homes
Commercial banks. .....
Finance companies
ffome improvement
Commercial banks

...

Revolving credit:
Bank credit cards
Bank check credit
Altother
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
,
Credit unions .
.
Retailers
Others. . .

,,

...

.

...

.

.

By holder:
Commercial banks
Finance companies, .
Credit unions
l
Retailers
. . .,
Others 2

,

By type of credit :
Automobile
Commercial banks
Indirect
Direct
Finance companies.
Credit unions
Others

....

Mobile homes
Commercial banks
Finance companies
Home improvement.
Commercial banks

,

Revolving credit:
Bank credit cards
Bank check credit. ,
All other
Commercial banks, total
Personal loans
Finance companies total
Personal loans.
Credit unions
Retailers
Others

200



July

Aug.

Sept.

10,395

10,789

9,257

9,785

9,917

10,077

9,918

10,115

10,041

3,795
2,530
1,212
1,557
163

3,957
2,621
1,230
1,831
146

4,081
2,607
1,301
1,770
158

4,092
2,524
1,363
1,856
242

4,106
2,579
1,308
1,790
135

4,221
2,541
1,367
1,806
180

4,159
2,609
1,315
1,832
126

4,320
2,649 !
1,387
1,868
171

4,548
2,733
1,392
1,922
194

2,654
1,568
924
644
643
390
53

2,525
1,676
976
700
726
388
35

2,921
1,718
1,004
715
731
437
35

2,904
1,728
1,021
707
707
408
61

2,850
1,719
1,003
716
695
409
27

2,914
1,767
1,042
725
698
418
31

2,896
1,741
1,013
729
714
417
24

3,000
1,829
1,081
747
683
445
3*1

3,13$
1 ,900
1,123
776
727
471
40

86

81

80

80

74

83

86

81

80

80

74

83

322
236
86

330
24!
89

361
272
89

225
143

245
149

259
150

253
149

253
152

279
160

264
158

272
160

294
165

602
146

635
155

661
160

681
163

693
157

709
173

693
163

715
180

730
180

5,544
1,336
817
1,789
1,237
811
1,557
51

5,844
1,342
793
1,802
1,265
824
1,831
45

5,836
1,392
821
1,783
1,257
840
1,770
51

5.PP7
1,372
810
1,726
1,228
941
1,856
102

5,890
1,384
801
1,801
1,252
876
1,790
39

5,955
1,410
821
1,752
1,218
919
1,806
68

5,701
1,166
820
1,799
1,262
876
1,832
28

5,898
1,195
858
1,863
1,323
914
1,868
58

6,098
1,303
891
1,907
1,339
894
1,922
72

Liquidations
Total,

June
3

8

9,064

9,204

9,229

9,325

9,332

9,680

9,323

9,491

9,677

3,532
2,471
1,139
1,781
141

3,633
2,526
1,135
1,766
144

3,692
2,465
1,151
1,775
146

3,668
2,454
1,256
1,802
145

3,661
2,533
1,188
1,801
149

3,881
2,622
1,221
1,807
149

3.74S
2,432
1,206
1 ,788
149

3,807
2,489
1,211
1,836
148

3,928
2,609
1,192
1 ,798
ISO

2,492
1,525
930
595
563
372
32

2,518
1,523
944
578
599
365
31

2,595
1,592
975
617
589
379
33

2,557
1,541
945
595
610
366
34

2,574
1,530
927
603
633
377
34

2,694
1,618
1,000
618
666
376
34

2,59;
1,572
948
623
611
376
32

2,682
1,608
975
633
660
381
33

2,743
1,642
984
658
664
404
33

81

S3

76

79

72

77

81

83

76

79

72

77

188
114
74

211
132
79

232
150
82

224
133

238
141

247
144

243
144

237
139

246
143

242
142

250
147

254
150

558
148

587
147

593
155

601
153

606
154

648
160

646
148

662
166

680
164

5,562
1,169
757
1,813
1,210
751
1,781
48

5,631
1,235
764
1,829
1,251
753
1,766
48

5,564
1,207
742
1,783
1,224
752
1,775
47

5,698
1,229
765
1,748
1,208
871
1,802
48

5,689
1,232
759
1,813
1,245
793
1,801
50

5 ,£56
1,313
834
1,862
1,235
825
1,807
49

5,508
1,126
765
1,732
1,172
811
1,788
51

5,527
1,093
775
1,733
1,215
811
1,836
48

5,603
1,141
798
1,848
1,292
768
1,798
48

45. Instalment credit—Extensions and liquidations—Continued
Millions of dollars

1971

1972

Holder, and type of credit

Oct.

Nov.

Dec.

Jan.

Feb.
Extensions

Mar.

Apr.

May

June

8

10,732

11,209

11,100

10,882

10,843

11,028

11,494

11,251

11,402

4,515
2,780
1,405
1,850
182

4,738
2,862
1,547
1,922
140

4,747
2,943
1,443
1,807
160

4,660
2,966
1,223
1,876
157

4,713
2,916
1,272
1,805
138

4,752
2,957
1,273
1,905
141

4,910
3,016
1,507
1,899
162

4,954
2,916
1,355
1,856
170

5,137
2,930
1,355
1,816
164

3,141
1,895
1,102
793
769
445
32

3,306
2,004
1,147
856
798
467
37

3,237
1,947
1,143
804
805
458
27

3,394
1,944
1,157
787
807
597
46

3,405
1,954
1,151
803
794
623
34

3,368
1,955
1,140
815
759
624
30

3,640
2,045
1,199
847
824
728
43

3,534
2,042
1,191
851
787
665
40

3,605
2,137
1,263
874
781
657
30

Mobile homes
Commercial banks
Finance companies

349
256
93

364
270
94

382
287
95

397
290
100

592
284
101

395
281
107

405
290
106

408
298
102

422
309
106

Horns improvement
Commercial banks

278
166

270
169

283
166

319
183

313
187

322
189

360
201

358
193

375
196

714
176

741
185

753
187

709
191

753
190

811
187

835
188

853
212

888
207

6,074
1,308
873
1,909
1,321
937
1,850
70

6,343
1,369
935
1,959
1,355
1,054
1,922
39

6,258
1,407
918
2,030
1,401
960
1,807
54

5,872
1,343
924
2,043
1,420
556
1,876
55

5,790
1,346
946
2,009
1,372
576
1,805
55

5,945
1,329
946
2,079
1,438
578
1,905
54

6,065
1,351
978
2,071
1,441
689
1,899
56

5,886
1,355
965
2,007
1,384
612
1,856
56

5,905
1,400
1 ,003
2,007
1,375
624
1,816
58

Total
By holder:
Commercial banks
Finance companies
Credit unions
.
l
Retailers
Others 2

.
...

By type of credit :
Automobile
Commercial banks
Indirect
Direct
Finance companies
Credit unions .
.,
Others

,

..
.

.

Revolving credit:
Bank credit cards
Bank c heck credit ...

.

Allother
Commercial banks, total
Personal loans .
Finance companies, total
Personal loans , ,
Retailers
Others

.......

.

. . .

...

...

Liquidations
Total
By holder:
Commercial banks
Finance companies. . .
Credit unions
Retailers *
Others '<'
By type of credit;
Automobile
,
Commercial banks
Indirect
Direct
Finance companies. . .
Credit unions.
Others

.

,
....
.

Mobile homes . .
Commercial banks
Finance companies. ,
Home improvement
Commercial banks. .

....

....
...
..

..

....

Revolving credit:
Bank credit cards
Bank check credit
All other
Commercial banks, total
Personal loans. ...
.
Finance companies, total
Personal loans
Credit unions
Retailers
Others




...

3

9,710

9,884

9,956

9,802

9,769

9,720

9,861

9,945

10,265

3,932
2,542
1,258
1,826
152

3,987
2,597
1,311
1,834
155

4,016
2,685
1,283
1,823
149

4,038
2,746
1,064
1,807
147

4,043
2,682
1,086
1,827
130

4,031
2,671
1,092
1,796
129

4,116
2,704
1,087
1,824
130

4,192
2,656
1,144
1,819
134

4,329
2,822
1,166
1,812
136

,2,695
1,616
977
639
655
390
34

2,710
1,629
976
653
659
389
33

2,785
1,667
1,014
653
696
389
32

2,983
1,694
1,012
682
732
525
32

2,949
1,672
992
680
714
530
32

2,921
1,660
973
686
694
535
32

2,998
1,700
1,015
684
748
519
32

3,023
1,715
1,007
709
718
557
32

3,159
1,773
1,046
727
791
562
33

214
137
77

228
142
86

216
143
73

226
144
77

234
150
79

227
150
72

224
143
77

236
155
76

249
160
84

255
151

254
151

257
149

287
154

267
149

265
151

266
153

291
162

278
158

695
167

712
167

717
172

702
174

709
174

708
173

739
161

763
180

810
178

5,683
1,165
794
1,795
1,221
848
1,826
49

5,812
1,185
820
1,838
1,265
902
1,834
53

5,815
1,167
796
1 ,902
1,283
874
1,823
50

5,431
1,170
806
1,923
1,309
483
1,807
47

5,437
1,189
827
1,872
1,267
501
1,827
48

5,426
1,189
844
1,891
1,284
501
1,796
48

5,473
1,220
866
1,865
1,282
514
1,824
50

5,452
1,217
854
1,840
1,294
527
1,819
49

5,597
1,250
875
1,933
1,306
545
1,812
51

201

45. Instalment credit—Extensions and liquidations—Continued
Millions of dollars
1972

1973

Holder, and type of credit
July

Aug.

Sept.

Oct.

Nov.

Extensions

Dec.

Jan.

Feb.

Mar.

8

11,148

11,475

11,456

11,825

12,130

12,482

13,068

13,074

13,193

5,101
2,920
1,090
1,879
158

5,146
2,938
1,337
1,887
167

5,101
2,924
1,282
1,975
174

5,322
3,012
1,395
1,949
148

5,442
3,087
1,420
2,023
158

5,705
3,217
1,457
1,937
166

5,868
3,135
1,512
2,249
304

5,917
3,210
1,523
2,116
308

6,053
3,240
1,551
2,040
309

3,432
2,101
1,256
845
773
525
33

3,558
2,107
1,244
862
768
655
29

3,410
2,061
1,226
835
674
627
48

3,691
2,222
1,308
915
761
686
22

3,786
2,292
1,359
933
768
694
33

4,057
2,451
1,432
1,019
826
727
52

4,081
2,497
1,481
1,016
809
747
28

4,139
2,490
1,469
1,021
841
776
32

4,151
2,507
1,470
1,036
840
769
35

421
308
109

453
328
119

441
316
119

448
323
118

457
326
124

491
365
119

588
365
128

595
370
134

589
368
132

Home improvement
Commercial banks

310
175

365
199

340
189

357
195

358
191

344
188

378
204

387
206

392
217

Revolving credit:
Bank credit cards
Bank check credit

904
213

902
201

911
216

927
225

950
230

955
240

1,016
257

1,064
266

1,084
266

5, 867
1,401
998
2,018
1,365
511
1,879
59

5,994
1,410
983
2,030
1,371
608
1,887
59

6 ,138
1,409
970
2,109
1,426
586
1,975
59

6,176
1,429
1,002
2,111
1,424
629
1,949
59

6,348
1,454
1,006
2,168
1,473
644
2,023
60

6,395
1,506
1,020
2,244
1,537
648
1,937
60

6,747
1,528
1,043
2,174
1,461
677
2,249
119

6,622
1,521
1,048
2,208
1,491
660
2,116
117

6JI3
1,612
1,099
2,248
1,503
694
2,040
119

Total
By holder:
Commercial banks
Finance companies
Credit unions
, .
Retailers2 l
Others
By type of credit:
Automobile
Commercial banks.
Indirect
Direct . ,
Finance companies
Credit unions
...
Others. . ,
Mobile homes
Finance companies. ...

All other
Commercial banks, total.
Personal loans
Finance companies, total
Personal loans
Credit unions
...
Retailers
Others . . . .

...
.

Liquidations *
10,234

10,279

10,321

10,486

10,684

10,695

10,%7

11,023

11,344

4,368
2,712
1,185
1,832
137

4,379
2,756
1,182
1,822
140

4,373
2,815
1,163
1,833
137

4,476
2,844
1,169
1,859
138

4,581
2,868
1,216
1,877
143

4,595
2,861
1,219
1,882
138

4,770
2,859
1,231
1,873
234

4,754
2,859
1,263
1,930
217

4,971
2,944
1,267
1,941
221

3,125
1,771
1,044
727
751
571
32

3,110
1,773
1,033
740
733
571
32

3,134
1,773
1,024
748
765
564
32

3,234
1,854
1 ,092
762
772
576
32

3,308
1,880
1,110
771
797
599
31

3,300
1,897
1,104
793
766
606
31

3,419
1,961
1,151
810
800
611
47

3,438
1,964
1,126
838
798
645
31

3,524
2,059
1,223
836
801
633
31

Commercial banks
Finance companies

247
163
79

259
166
88

260
168
87

267
176
85

269
111
87

272
180
87

387
212
132

321
189
91 i

334
194
98

Commercial banks

287
165

286
161

252
159

287
162

301
168

289
164

277
157

29.0
166

297
166

819
181

830
175

823
191

856
192

881
200

868
208

923
216

922 '
229

972
233

5,575
1,271
893
I t 869
1,275
553
1,832
51

5,520
1,274
895
1,923
1,311
549
1,822
52

5,63/
1,259
876
1,948
1,298
540
1,833
51

5,651
1,236
874
1,973
1,340
532
1,859
51

5,725
1,275
896
1,969
1,339
552
1,877
53

5,759
1,277 i
907
1,994
1,353
552
1,882

5,745 i
1,302
921
1,915
1,319
559
1,873
96

5,823 \
1,284
886
1,960
1,326
555
1,930
94 (

5,982
1,346
949
2,027
1,389
571
1,941
98

Total
By holder:
Finance companies
Credit unions
Retailers l
Others 2
By type of credit :
Automobile
Commercial banks
Indirect
Direct
Finance companies. .
Credit unions
Others . . .

Revolving credit:
Bank credit cards
Bank check credit
All other
Commercial banks, total
Personal loans
Finance companies, total
Personal loans, . . . . .
Credit unions
Retailers
Others

202



53 ;

45. Instalment credit—Extensions and liquidations—Continued
Millions of dollars

1973
Holder, and type of credit

Apr.

May

June

Aug.

July

Extensions

Sept.

Oct.

Nov.

Dec.

3

12,989

13,116

13,118

13,351

13,100

13,019

13,624

13,301

12,825

5,906
3,162
1,525
2,082
315

6,015
3,185
1,525
2,075
316

5,893
3,211
1,545
2,149
320

6,101
3,266
1,519
2,161
304

6,104
3,194
1,456
2,037
308

6,079
3,103
1,520
2,016
301

6,138
3,267
1,575
2,333
311

6,181
3,099
1,566
2,144
310

5,843
3,074
1,508
2,088
312

4,047
2,454
1,455
999
796
762
36

4,119
2,512
1,504
1,008
811
762
34

3,987
2,378
1,426
952
800
776
33

4,034
2,449
1,448
1,001
787
764
34

5,959
2,444
1,457
987
757
724
34

4,012
2,449
1,473
976
768
763
33

4,072
2,465
1,483
981
783
787
37

5,995
2,435
1,474
961
743
786
34

5,666
2,207
1,304
903
662
760
37

Mobile homes
Commercial banks
Finance companies

586
361
134

592
368
134

555
317
128

612
401
126

591
386
121

557
378
125

596
391
124

555
374
126

610
348
178

Home Improvement
Commercial banks

391
203

382
199

397
204

401
209

403
205

394
203

409
204

418
215

421
223

Revolving credit:
Bank credit cards , .
Bank check credit

1,093
261

1,115
273

1,161
279

1,172
291

1,202
295

1,188
291

1,238
294

1,279
304

1,237
292

Allother
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Cretlit unions
Retailers
Others

6,612
1,534
1,051
2,193
1,464
681
2,082
121

6,635
1,548
1,087
2,212
1,509
678
2,075
121

6,758
1,554
1,089
2,250
1,528
681
2,149
124

6,840
1,578
1,101
2,317
1,611
672
2,161
112

6,650
1,573
1,078
2,268
1,539
656
2,037
116

6,546
1,570
1,057
2,172
1,480
677
2,016
111

7,015
1,547
1 ,075
2,315
1,630
704
2,333
116

6,717
1,574
1,101
2,188
1,524
697
2,144
114

6,600
1,536
1,085
2,197
1,546
666
2,088
113

Total
By holder :
Commercial banks
Finance companies
Credit unions.
,.
Retailers2 1
Others

.

By type of credit:
Automobile . . .
.
Commercial banks
Indirect
Direct
Finance companies
Credit unions
.
Others

..

..
.

...

Liquidations

s

11,237

11,381

11,591

11,607

11,668

11,654

11,838

11,962

11,849

4,928
2,883
1,264
1,944
217

5,055
2,852
1,269
1,980
226

5,038
3,069
1,293
1,962
228

5,145
2,916
1,307
2,002
237

5,178
2,923
1,323
2,004
240

5,303
2,754
1,343
2,017
238

5,306
2,882
1,368
2,042
240

5,394
2,873
1,360
2,095
240

5,341
2,872
1,361
2,031
244

By type of credit :
Automobile
Commercial banks
Indirect
Direct
Finance companies
Credit unions
Others

3,458
2,023
1,174
850
769
635
31

3,530
2,120
1,274
846
747
632
31

3,635
2,081
1,210
871
874
649
31

5,540
2,120
1,257
864
735
653
31

3,542
2,103
1,254
849
750
657
31

5,555
2,174
1,266
908
711
670
31

3,643
2,178
1,282
896
748
686
31

3,707
2,225
1,323
902
756
693
32

5,566
2,134
1,255
878
713
687
33

Mobile homes
Commercial banks
Finance companies

324
193
88

327
192
92

334
204
85

349
211
88

552
217
86

556
217
91

567
217
102

557
218
84

388
244
93

Homa improvement
Commercial banks

282
165

292
166

299
169

302
170

295
164

306
171

509
166

298
166

319
178

Revolving credit:
Bank credit cards
Bank check credit

991
237

1,020
237

1,025
234

1,046
251

1,062
256

1,085
246

1,106
238

1,140
257

1,151
253

5,946
1,319
921
2,017
1,357
568
1,944
97

5,975
1,320
935
2,002
1,356
574
1,980
99

6,064
1,325
950
2,098
1,416
579
1,962
100

6,121
1,347
973
2,081
1,446
588
2,002
102

6,160
1,376
970
2,074
1,398
601
2,004
105

6,075
1,411
973
1,937
1,330
607
2,017
104

6,775
1,401
992
2,007
1,376
617
2,042
107

6,211
1,388
978
2,024
1,396
600
2,095
103

6,/75
1,381
981
2,050
1,423
606
2,031
104

Total
By holder :
Commercial banks.
Finance companies
Credit unions
.
l
Retailers
Others 2

,,

Allother ...
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions
Retailers
Others




203

45, Instalment credit—Extensions and liquidations—Continued
Millions of dollars

1974
Holder, and type of credit

Jan.

Feb.

Mar.

Apr.

May

Extensions

June

July

(

Aug.

Sept.

3

12,985

13,191

13,120

13,396

13,570

13,487

13,464

13,51?

13,239

5,999
3,015
1,504
2,142
324

6,001
3,035
1,482
2,354
319

6,079
2,997
1,571
2,148
324

6,129
3,147
1,606
2,181
332

6,176
3,109
1,656
2,298
331

6,290
2,983
1,657
2,220
337

6,296
2,912
1,693
2,248
315

6,272
2,848
1,731
2,352
314

6,224
2,695
1,723
2,276
321

By type of credit :
Automobile.
Commercial banks
Indirect
.
Direct
Finance companies
Credit unions
Others

3,674
2,253
1,321
932
626
762
33

3,653
2,230
1,324
906
645
748
30

5,750
2,270
1,365
905
659
785
35

3,832
2,295
1,373
923
688
816
33

3,886
2,291
1,362
930
719
844
32

5.P70
2,349
1,363
986
740
848
32

5,957
2,308
1,360
948
741
872
36

4,075
2,357
1,379
978
794
890
32

3,979
2,271
1 ,270
1,000
791
886
31

Mobile homes
Commercial banks
Finance companies

55;
343
127

572
355
137

550
339
129

548
336
127

556
308
143

520
309
124

472
284
120

446
265
110

440
263
104

418
208

420
216

424
219

441
232

452
242

449
236

440
242

440
242

449
243

Revolving credit:
Bank credit cards
Bank check credit

1,323
303

1,304
310

1,317
316

1,325
320

1,393
323

1,429
331

1,489
370

1,510
378

1,539
396

All other
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions .
Retailers
Others

6,7/6
1,569
1,102
2,227
1,558
660
2,142
118

6,950
1,585
1,108
2,214
1,524
658
2,354
119

6,765
1,618
1,134
2,171
1,499
706
2,148
120

6.92P
1,620
1,125
2,300
1,583
706
2,181
122

6,980
1,618
1,128
2,215
1,581
727
2,298
122

6,789
1,636
1,170
2,089
1,508
722
2,220
122

6,75?
1,604
1,140
2,031
1,464
733
2,248
121

6,670
1,520
1,099
1,929
1,438
749
2,352
120

6,456
1,512
1,097
1,784
1,347
744
2 t 276
120

Total
By holder:
Commercial banks
Finance companies
Credit unions
Retailersa l
Others
.

Home improvement
Commercial banks.

.

..

....

Liquidations >
12,024

12,081

12,349

12,369

12,444

12,373

12,364

12,289

12,467

5,452
2,889
1,380
2,055
248

5,513
2,845
1,387
2,087
250

5,683
2,933
1,406
2,077
250

5,666
2,953
1,422
2,073
255

5,742
2,927
1,447
2,070
258

5,678
2,861
1,438
2,136
261

5,694
2,833
1,463
2,112
262

5,720
2,718
1,439
2,155
257

5,893
2,672
1,484
2,149
269

3,660
2,211
1,292
920
718
699
32

3,636
2,205
1,323
883
698
699
33

5,705
2,237
1,313
923
733
704
31

5,7 1 4
2,264
1,333
932
689
728
33

5,755
2,289
1,355
934
725
739
32

5,775
2,248
1,305
942
754
739
32

5,755
2,221
1,311
910
733
749
32

5,775
2,254
1,345
909
736

11

3,814
2,286
1,337
949
729
765
33

Mobile homes
Commercial banks
Finance companies

366
229
87

375
229
94

457
233
172

385
241
89

408
246
106

400
246
98

404
232
118

572
232
84

5£2
239
87

Home improvement
Commercial banks

345
186

326
175

525
175

334
180

552
181

344
179

341
177

338
174

391
204

Revolving credit:
Bank credit cards
Bank check credit

1,125
287

1,204
283

1,258
273

1,246
289

1,267
295

1,259
297

1,309
301

1,319
317

1,385
338

Allother... .
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions
Retailers
Others

6 ,241
1,414
999
2,059
1,433
609
2,055
104

6,258
1,416
1,020
2,028
1,414
620
2,087
107

6,552
1,507
1,043
2,004
1,404
636
2,077
108

6,401
1,446
1,023
2,148
1,480
626
2,073
109

6,557
1,462
1,043
2,074
1,444
640
2,070
110

6,301
1,449
1,030
1,976
1,422
630
2,136
110

6,274
1,455
1,024
1,950
1,397
646
2,112
112

6J72
1,424
1,021
1,864
1,367
621
2,155
107

6,158
1,440
1,024
1,816
1,349
643
2,149
110

Total

.

By holder:
Commercial banks
Finance companies
Credit unions. ...
Retailers2 l
Others
By type of credit:
Automobile
Commercial banks
Indirect
Direct
Finance companies
Credit unions
Others
,

204



.

. . . . .

45. Instalment credit—Extensions and liquidations—Continued
Millions of dollars

1974

1975

Holder, and type of credit

Oct.

Nov.

Dec.

Jan.

Feb.
Extensions

Mar.

Apr.

May

June

3

12,595

12,031

12,382

12,383

12,890

12,595

12,772

12,831

13,299

5,866
2,561
1,622
2,232
314

5,590
2,263
1,604
2,251
324

5,535
2,537
1,696
2,293
321

5,802
2,335
1,708
2,207
331

6,118
2,520
1,828
2,085
339

5,846
2,382
1,773
2,246
348

5,973
2,431
1,815
2,210
343

6,016
2,366
1,828
2,248
373

6,231
2,653
1,861
2,186
368

By type of credit:
Autotnob itc
Commercial banks
Indirect
Direct
Finance companies
Credit unions
Others

3,585
1,972
1,169
804
752
831
30

3,364
1,846
1,106
740
664
818
36

3,547
1,888
1,127
761
743
886
30

3,682
2,018
1,177
841
739
890
35

4,241
2,341
1,363
979
904
960
35

3,828
2,110
1,170
940
736
944
38

3,831
2,109
1,159
950
735
954
33

3,956
2,184
1,196
988
746
969
57

4,060
2,265
1,265
1,000
773
980
43

Mobile homes
Commercial
banks
Finance1 companies

416
250
95

395
241
84

361
213
78

375
236
74

331
204
55

339
206
62

344
211
61

348
216
60

346
210
62

Home improvement
Commercial banks

425
238

426
237

412
219

411
212

426
218

424
208

421
211

437
222

446
230

Revolving credit:
Bank credit cards
Bank check credit

1,523
406

1,484
401

1,426
377

1,585
331

1,565
324

1,566
321

1,640
328

1,605
317

1,688
305

All other
Commercial banks, total
Personal loans
Finance companies, total . .
Personal loans
Credit unions . .
,
Retailers
Others

6,239
1,477
1,047
1,702
1,284
709
2,232
120

5,961
1,381
1,010
1,505
1,182
702
2,251
122

6,259
1,413
1,016
1,705
1,255
725
2,293
123

5,996
1,421
1,027
1,512
1,248
732
2,207
124

6,003
1,465
1,030
1,553
1,311
772
2,085
128

6,117
1,435
1,021
1,570
1,319
739
2,246
127

6,208
1,474
1,045
1,627
1,310
768
2,210
129

6,767
1,471
1,037
1,553
1,258
766
2,248
129

6,454
1,533
1,075
1,814
1,506
786
2,186
134

Total
By holder:
Commercial banks
Finance companies
Credit unions
Retailers l
Others 2

..

...
...

Liquidations

3

12,339

12,283

12,632

12,426

12,476

12,818

12,714

12,830

13,063

By holder :
Commercial banks
Finance companies
Credit unions
Retailers
* .
..
Others 2

5,794
2,660
1,465
2,160
261

5,860
2,481
1,472
2,205
265

6,053
2,552
1,525
2,236
266

5,901
2,527
1,511
2,219
268

5,954
2,500
1,561
2,186
276

6,101
2,579
1,622
2,235
281

6,042
2,541
1,615
2,233
283

6,111
2,549
1,649
2,233
288

6,116
2,717
1,654
2,284
292

By type of credit:
Automobile
Commercial banks
Indirect
Direct
Finance companies
Credit unions. . ,
Others

3,711
2,223
1,308
915
700
756
32

3,711
2,199
1,304
896
721
758
32

3,910
2,308
1,381
927
772
796
34

3,532
2,259
1,335
924
752
788
33

3,871
2,262
1,328
934
754
822
33

4,056
2,368
1,387
981
779
875
35

3,964
2,292
1,327
965
783
855
34

4,002
2,311
1,322
989
775
882
34

3,973
2,310
1,332
978
744
883
36

Finance companies

374
240
78

415
245
113

370
244
71

356
232
69

367
243
66

363
238
68

364
241
65

373
246
68

36P
238
72

Home improvement
Commercial banks

342
181

351
181

359
187

404
195

369
192

384
202

377
202

337
203

409
203

Revolving credit:
Bank credit cards
Bank check credit

1,377
343

1,419
363

1,531
317

1,451
328

1,473
331

1,510
336

1,522
332

1,539
342

1,568
329

Allother
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions
Retailers
Others
,

6,192
1,430
1,008
1,854
1,426
640
2,160
108

6,024
1,452
1,033
1,614
1,260
644
2,205
109

6,147
1,467
1,023
1,674
1,294
659
2,236
111

6,055
1,436
1,017
1,639
1,285
650
2,219
111

6,066
1,453
1,025
1,647
1,347
666
2,186
113

6,769
1,447
1,041
1,702
1,312
671
2,235
114

6,755
1,453
1,028
1,670
1,317
684
2,233
115

6,192
1,469
1,030
1,681
1,334
691
2,233
117

6,475
1,468
1,029
1,853
1,424
693
2,284
118

Total

Mobile homes




205

45. Instalment credit—Extensions and liquidations—Continued
Millions of dollars
1975

1976

Holder, and type of credit
July

Aug.

Sept.

Oct.

Nov.
Extensions

Dec.

Jan.

Feb.

j

Mar.

3

13,983

14,202

14,266

14,464

14,919

15,316

15,332

15,762

15,693

6,429
2,648
2,307
2,226
373

6,605
2,643
2,101
2,462
391

6,847
2,702
2,106
2,206
404

6,957
2,706
2,174
2,217
411

7,180
2,862
2,226
2,240
411

7,349
2,870
2,302
2,372
423

7,382
2,975
2,435
2,134
406

7,572
2,979
2,326
2,482
402

7,696
2,896
2,398
2,286
417

4,522
2,403
1,329
1,074
852
1,232
34

4,411
2,457
1,334
1,123
796
1,118
40

4,552
2,566
1,389
1,177
830
1,111
45

4,666
2,650
1,433
1,217
833
1,141
42

4,795
2,742
1,444
1,298
855
1,162
36

4,973
2,838
1,569
1,269
906
1,185
43

5,079
2,847
1,594
1,253
925
1,270
37

5,153
2,967
1,648
1,319
953
1,190
44

5,255
3,020
1,681
1,339
944
1,247
44

Mobile homes.
Commercial banks
Finance companies. . .

354
211
60

348
204
61

368
224
63

375
227
62

416
251
SI

395
241
66

441
286
64

Hi58

435
284
62

f/omc improvement
Commercial banks

482
225

471
228

475
228

495
236

518
250

545
258

519
255

536
269

545
265

Revolving credit:
Bank credit cards
Bank check credit

1,677
333

1,735
337

1,794
338

1,780
343

1,853
334

1,848
390

1,916
361

2,009
364

2,086
361

Alt other
Commercial banks, total
Personal loans
Finance companies, total . . .
Personal loans
Credit unions . . .
Retailers
Others

6,6 J 6
1,580
1,105
1,728
1,430
948
2,226
134

6, 900
1,645
1,159
1,783
1,462
871
2,462
139

6,738
1,696
1,183
1,804
1,462
887
2,206
144

6,805
1,720
1,218
1,806
1,474
916
2,217
146

7,004
1,749
1,217
1,922
1,552
944
2,240
149

7,166
1,775
1,268
1,895
1,542
979
2,372
146

7,617
,717
,191
,982
,613
,039
2,134
145

7,279
,690
,179
,965
,598
,006
2,482
136

7,011
,679
,175
,887
,527
,016
2,186
143

Total
By holder:
Commercial banks.
Finance companies
Credit unions
Retailers2 l
Others

.

By type of credit :
Automobile .
..
Commercial banks
Indirect
Finance companies
Credit unions . . .
Others

.

.

Liquidations *
12,772

13,306

13,392

13,443

13,681

13,642

14,001

14,000

13,989

6,067
2,478
1,692
2,238
297

6,298
2,656
1,743
2,305
304

6,334
2,671
1,806
2,271
310

6,394
2,649
1,824
2,254
322

6,561
2,659
1,859
2,280
323

6,576
2,677
1,793
2,263
333

6,592
2,864
1,935
2,275
335

6,738
2,795
1,850
2,283
333

6,768
2,652
1,922
2,310
337

3,949
2,250
1,270
980
746
917
36

4,136
2,416
1,402
1,014
740
943
37

4,140
2,363
1,327
1,036
784
957
36

4,150
2,366
1,314
1,052
770
976
37

4,151
2,400
1,331
1,069
726
988
37

4,113
2,389
1,417
972
766
920
38

4,132
2,338
1,315
1,023
741
1,016
37

4,194
2,418
1,415
1,003
792
946
38

4,264
2,459
1,419
1,040
752
1,015
38

374
242
70

384
248
72

373
241
70

395
256
71

381
255
62

415
261
84

398
242
85

413
262
£0

390
252
69

364
198

375
203

376
201

398
215

400
215

412
218

390
208

41)5
215

407
211

Revolving credit:
Bank credit cards
Bank check credit

1,604
324

1,624
328

1,667
323

1,693
329

1,772
335

1,784
379

1,854
358

1,858
367

1,903
361

Alt other . .
Commercial banks, total
Personal loans
Finance companies, total
Personal loans
Credit unions
Retailers
Others

6,157
1,448
1,012
1,656
1,303
697
2,238
118

6,459
1,479
1,051
1,838
1,503
718
2,305
119

6,513
1,539
1,078
1,811
1,454
766
2,271
126

6,479
1,535
1,056
1,802
1,441
761
2,254
127

6,642
1,584
1,105
1,865
1,490
784 i
2,280
129

6,539
1,545
1,060
1,821
1,441
782
2,263
128

6,869
1,592
1,090
2,034
1,626
832
2,275
136

6,763
1,618 i
1,141
1,918
1,472
814
2,283
130

6,664
1,582
1,122
1,826
1,477
816
2,310
130

Total
By holder:
Commercial banks
Finance companies
Credit unions
Retailers J
Others 2
By type of credit:
Automobile . . . .
Commercial banks
Indirect
Direct
Finance companies
Credit unions
Others

.

Mobile homes
Commercial banks.
Finance companies

,

Home improvement
Commercial banks

206



..

45. Instalment credit—Extensions and liquidations—Continued
Millions of dollars

1976
Holder, and type of credit

Apr.

May

June

July

Aug.
Extensions

Sept.

Oct.

Nov.

Dec.

3

15,425

15,616

15,989

15,796

16,118

16,420

15,844

16,712

17,677

7,408
2,916
2,361
2,325
415

7,680
2,846
2,403
2,265
423

7,706
2,979
2,455
2,407
441

7,741
2,905
2,365
2,335
450

7,894
2,938
2,391
2,430
465

7,954
3,005
2,498
2,504
458

8,109
3,092
1,625
2,573
445

8,122
3,076
2,495
2,534
485

8,721
3,247
2,625
2,620
465

Indirect
Direct
.
Finance companies
Credit unions .
Others

5,233
3,007
1,653
1,353
952
1,236
38

5,223
3,018
1,645
1,374
931
1,228
46

5,245
3,020
1,605
1,415
912
1,270
43

5,097
2,928
1,564
1,364
918
1,205
46

5,204
3,015
1,629
1,386
925
1,220
44

5,295
3,076
1,654
1,422
896
1,282
44

4,834
3,084
1,659
1,426
905
819
26

5,3/2
3,081
1,652
1,429
913
1,262
56

5,559
3,476
1,889
1,587
999
1,348
46

Mobile home!
Commercii 1 banks
Finance co mpanies

385
240
61

372
241
50

410
254
67

399
250
58

350
232
55

393
243
53

361
222
56

403
252
54

470
324
52

ffomc improvement
Commercial banks

557
265

534
251

541
250

547
256

560
262

554
281

549
297

622
300

624
306

Revolving credit;
Bank credit cards
Bank check credit

2,001
369

2,106
385

2,105
398

2,185
404

2,209
419

2,211
394

2,266
421

2,260
430

2,297
441

All other
Commercial banks, total
Personal loans
Finance companies, total ,
Personal loans
Credit unions, .
..
Retailers
Others

6,881
1,526
1,095
1,900
1,555
988
2,325
141

6,996
1,679
1,197
1,862
1,518
1,043
2,265
148

7,290
,679
,209
,997
,654
,052
2,407
155

7, 164
,719
,187
,925
,562
,029
2,335
156

7,345
1,756
1,200
1,954
1,597
1,042
2,430
163

7,539
1,749
1,188
2,052
1,679
1,078
2,504
156

7,412
1,818
1,271
2,127
1,734
737
2,573
157

7,656
1,800
1,248
2,104
1,713
1,091
2,534
157

7,977
1,877
1,303
2,191
1,722
1,128
2,620
161

Total
By holder:
Commercial banks
Finance com panics
Credit union >
Retailers2 l
Others . .

...

By type of credit:
Automobile

'
...

...

....

Liquidations

8

13,514

13,855

14,454

14,349

14,589

14,589

14,753

15,077

15,236

By holder:
Commercial banks
Finance companies
Credit unions, . .
Retailers2 *
Others .

6,495
2,629
1,833
2,236
321

6,644
2,673
1,861
2,358
319

6,996
2,823
1,991
2,299
346

6,917
2,735
1,976
2,373
348

7,107
2,770
2,025
2,331
357

7,007
2,810
2,029
2,380
363

7,155
2,864
2,021
2,349
363

7,351
2,858
2,087
2,408
373

7,452
2,838
2,114
2,461
371

By type of credit :
Automobile . ,
Commercial banks
Indirect
Direct...
Finance companies
Credit unions .
.
Others .

4,205
2,399
1,360
1,039
778
989
38

4,191
2,383
1,364
1,019
820
952
36

4,456
2,531
1,420
1,111
855
1,032
38

4,389
2,493
1,431
1,063
849
1,009
38

4,451
2,528
1,417
1,111
851
1,033
39

4,532
2,589
1,453
1,136
856
1,047
40

4,500
2,599
1,469
1,130
845
1,016
40

4,630
2,655
1,472
1,183
864
1,073
37

4,667
2,692
1,480
1,212
847
1,089
40

572
237
71

360
231
68

395
255
70

39/
252
69

379
238
72

407
263
70

356
244
72

406
262
70

355
244
69

429
226

3*7
205

415
212

432
222

443
222

450
226

469
238

459
231

463
236

1,844
359

1,921
363

2,003
399

2,002
369

2,092
401

2,007
356

2,095
383

2,148
403

2,228
415

6,306
1,431
1,012
1,774
1,434
749
2,236
116

6,632
1,540
1,093
1,780
1,457
824
2,358
130

6,786
1,596
1,135
1,893
1,554
864
2,299
134

6,766
1,579
1,110
1,810
1,471
870
2,373
134

6,823
1,624
1,144
1,840
1,490
891
2,331
137

6,836
1,566
1,098
1,876
1,520
879
2,380
135

6,920
1,596
1,120
1,939
1,568
900
2,349
136

7,037
1,651
1,180
1,918
1,557
910
2,408
143

7,075
1,638
1,171
1,917
1,594
921
2,461
141

Total

.

....

Mobile homes, .
Commercial banks
Finance companies . . . .

...

ffome improvement
Commercial banks
Revolving credit:
Bank credit cards
Bank check uredit
Allother
Commercial banks, total. .
Personal loans
Finance companies total
Personal loans.
Credit unions .
Retailers
Others




...

207

46.1

Flow of funds accounts—Financial assets and liabilities, December 31,1976
A. All sectors
Amounts outstanding, billions of dollars
Private domestic nonfinancial sectors

Sector

Households

Business

State
and local
governments

Financial sectors
Rest
of the
world

Total

U.S.
Government

Sponsored
agencies and
mortgage
I
pools

Total

Monetary
authority

Commercial
banking

Floats
and
discrepancies

All
sectors l

Private
nonbank
finance

Transaction
category
1 Totalfinancialassets
2 Total liabilities
3
4
5
6
7

2,801.3

687.6
§99 4

139.2
1 208 1

285.5

3,628.0
248 8

Gold
SDK's2
IMF position
Official foreign exchange
Treasury currency

37 7
8.8
4 4
.3

g Demand dep. and currency
9
Private domestic
10
U.S. Government
11
Foreign

174.8
174 8

12 Time and savings accounts
13
At commercial banks
14
At savings institutions

884.2
389.8
494 5

15 Life insurance reserves
16 Pension fund reserves.
1 7 Interbank claims

172.1
431 §

18 Corporate equities*

720.9

SO Trade credit «
.
31 Taxes payab'e
32 Miseeilaneeas......




71.6
71.6

. . . . . . . 13.1
....
13.1

259.5
259.5

15.8

2,708.4

147.1
591.3
2.4
4.5
.2
....

15.1
15.1

9.9

11 6
*
.2
12.0

...

6.3

44.9

19.0
19.0

958.9
464.4
494.5
172.1
431 8

. .

15.4
11.9
3.4

994.0
496.1
497.9

.. .

163.8
385 4
71.7

31.4

.

6.3

13.1
......

SOS. 8
8.0
229. 8

17.2

71.7

237.8

.

114.8 97.2 515.8 2, ISO. 4
. . . . . 506.4 256.3
10. H
8.8
88.5
156.2
33.9
282.9
10.5
1.0 785.1
190 8
28.2
283.0
35.0
39.0
102.7

:•

11.1 is. e

259.1 .....
20.2 H 9
23.7'...

.....
.....

°78.°o ;;;;;
.... . . . i

15.4 7.0
282.8 9.5
13.0
20.2
37.8 63. i 176.8' 7.1

10.3
!
.7:

134.5

966.0
134.5

912.9

1,460.5

6,768.9
1,385.8

11 6
*
.2
12 0
.2
.2

.
.
. .

93.1
81.6
10.9
6
.

2.6

.7 254.5
.7 236.3
3.0
15 2

16 4
16.4

496,1
496.1 [

15.4
11.9
3.4

.

'37^3 '$9ii

47.0

1.2

286.2 146.3 133.1 105.1
. . . . . . . 4 . 4 . . . . . 97.0
131.9
.5 131.9
43.1j|.....
9.3 106.1
•
26.4
58.5
17.0 32.1

.....
.....

.......

497.9
497.9

49 3
11 2
4.4
.3
12.0

4.4
.3
9.9 -2.2

307.8
276.9
15.1
15.8

347.6 39.7
317.9 41.0
13.9 -1.3
15.8

994.0
496.1
497.9

994.0
496.1
497.9

.......

163.8
385.4

172.1
431.8
71.7

172.1
431. S
71.7

236.6

47.0

990.1

47.0

"S^S
.

..63.1
5 828 3

803.3 28,4 1,125.7
124.7 2,905.9 2,905.9
506.4
506.4
51.3
. . . . . 103.6 . . . . .
140.2
44.9 . . . . ,. 140.2
36.0
.....
237 0
237.0
105.9
50 3
354.1
8,0
5.2 274.9
37.9 354.1
151.2 . . . . . 527.8
9.3 §89.0
8S9.0
224.2
224.2
101 7
89 1
2S3.0
26.4 2B3.0
283.0
11.0
93.3
93.3
16. §
35.2
14.0
23.3
178.8
70.6
15.91 17S.G

6
"3:2 :::::
1.2 ::i:
:::::

34.9

..

34

255. 1: 1.6

13.2

21.7

24.0

8.1 ...

119.6

145.0

.....

347.6
317.9
13.9
15 8

S.2
46 4

899.1 67.0 235.7 534.2 1,989.2 94.2
. . . . . . . 35 7
78.1
172.0
41.0 . . . . . . .
11.9
.....
'"°9.°2 5.6 227.8
80.8
237.0
66.3
277.2 4.9
277.2
312.7 'is.' 7 '.'.'.'.'.
93.5
878.8
33.4
224.2
.......
22S.3 . . . . .
197.4 . . . . . . . . . . . . . . . . .
/i"
"j* *>
4*.<J<?
Ji.jJ
21.2
R1.4 '.'.'.'.'. "7."S . . . . . . .
122.6 .....

17.2

S.2I1S1.7

.7
.7

.....

720.9
854.5 101.0
10.5
.....
..... 3^4
..... .....
566.1 .....
224.2 33.4
30.9 . . . . .
. . . . . 40.0
33 4

10.5 3GS.S

. . .. .
.....,-

24.4 . . . . . . . 50.2
24.4 . . . . . . . 50.2

147.5
2,578.1 . . .

17.4
17.4
..... .......

15.8

19 Credit market instruments
366.2
20
U.S. Treasury sees. 4 . . . . . ,
116 8
21
Federal agency sees. 6
24.4
22
State and local govt. sees
71.7
23
Corp. and fgn. bonds. . . . . . . . .
66.3
24
Mortgages
79. %
.......
25
Consumer credit
28
Bank loans n.e.e, . . . . . . . . . . . . . . . . . . .
27
Private short-term paper, ....
7.2
28
Other loans
....
29 Security credit .

311. S

2 347 3

2

ii.6S 3.6

4.1 69.8

.6
98.8,';

24.0

41.2

8.1 . . . . . .

339.2
21.9
415.8

2.7

45.2

140.4

41.2

308.5 -30.7
3.6
23.5
470.4 54.6

B. Private nonbank financial institutions
Amounts outstanding, billions of dollars
Sector

Savings
and loan
associations

Total

Mutual
savings
banks

Credit
unions

Life
insurance
companies

Private
pension
funds

State and
local govt.
retirsEiciit
funds

Other
insurance
companies

Finance
euffipameo

Real estate
investment
trusts

Transaction
category
1 Total assets
2 Totalliabilities
3 Demand deposits and currency
4 Time and savings accounts
5
At commercial banks. .
, .
6
At savings institutions

A
1,460.5
16.4
15.4
11.9
3.4

236.6

1,125.7
10 Credit market instruments4
51 3
11
U S Treasury securities 5
44.9
12
Federal agency securities
13
State and local government securities
50.3
14
Corporate and foreign bonds
274.9
15
Mortgages. .
527.8
16
Consumer credit
89.1
17
Bank loans n.e.c. . . .
...
....
18
Private short-term paper
16.8
19
Other loans
...
70.6
20 Security credit

13.2

21 Trade credit6
22 Taxes payable
23 Miscellaneous

8.1




1,385.8
497.9
497.9

134.8

392.0
370.0

135.8

*
6.4 336.0
6.4
336.0

1.3
1.1 122.9
1.1
122.9

43.2

39.0

1.5
3.4

...
39.0

3.4

39.0

310.9

45.2

296.1

2.0

163.8
385.4

7 Life insurance reserves
8 Pension fund reserves . .
9 Corporate equities s

Open-end
investment
companies

175.5

4.4

37.6
14
3.5

124.7 366.5 26.1 124.6
58
9 5
17.9
9.1
1.2 ..
2.4
37.9
20.3
9.3 m\\ "eis 81.7
7.5
2.2
26.4
3.4
35.2 7.3
3.0
15.9
15.9

2.2
30.5

121.5

175.5

34.3

109.7

258.3
5.4
2 3
5.6
122.4
'.'.'.'.' 91.6

56.2
11 1
36

121.5

1.5 .

1.6
2 3
2 3

163.8
88.4

47.0

175.5

39.1
24

89.0

66.0

2 2

106.7

101.5

9.8

16.0

4.1

47.0

L

47.0

Money
market
funds

A

L

3.4

2.7

A

L

26.9

15
15

121 5

30.1

17.1

89.9
4 7
57
2.8 .
68.5
8.2

61.5
6 8
2 9
37 4
14.2
3

37 3

102.6

9.0
48.9

5.2
25.8

....
44.7

81.4

36.0

9.4

13.8

8.5
1 i

9.4

1.9
2.4

7.6

8.9
.6

.4

14 2
31.3

47 0

3.8
1.8
10

3.4

9.0
4 6
9
3.5

.8

3.4

13.2
.6
7.3

3.5

2.9

16.3

9
43.0

81
57

...

24.2

9

12

24.0

140.4 19.1

3.4

Security
brokers
and dealers

4
65.7

7
19 3

.5

2.3

1

24.0
2

46.2 Flow of funds accounts, 1965-76
A. Summary of credit market debt outstanding, by sector
Amounts outstanding at end of year, in billions of dollars
Transaction category, or sector

1965

1966

1968

1967

1969

1970

1971 ! 1972

1973

1974

:

1975

1976

Nonflnancial sectors
1

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

Total credit market debt owed by
1,047.5 1 , 1 1 4 . 2 1. 194.4 ,292.2 1 ,381.0 1,477.5 1,620.2 1, 788.01,981 3 2 , 1 6 4 . 7 2 , 3 6 1 . 9 2
nonfinancial sectors
262.4 266.1 279.1 292.6 289.0 300.8 325,7] 340.8 349, ' 360.
"
446.3
U.S. Government
257.9 260.3 269.2 279.6! 278.4 291.2 317.31 331.5 339,
351..5 437.3
Public debt securities
4.5
13.0
9.6
.4
8.<>
5.8
9.9
10.6
9.3,
9,
8.5J
Agency issues and mortgages
fl
746.2 808.2 872.5 954.3 1,044.6 1,124.8 1 , 2 3 7 . 5 1 , 385.0J1,S63 8 1,722 .2 1,821.1 1
Private domestic nonfmancial sectors
529.4 569.3 615.3
667.0 719.5, 119.7 867,2] 969.5 1 , 0 7 3 . 6 1,171 .9 1,269.6 1
Debt capital instruments
100.3
105.9j 113.7 123. 2 j 133.l! 144.4 161. 8j 176.5! 191 2'!; 208 4 221.9'
State and local obligations.
108.0 122.7 135.6 147.6! 167.3 186.1 198.3'; 207 5 ' 227
97.8
254.3
Corporate bonds
331.3 355.4 378.9 408.2 438.83 468.0 519.3' 594.7 674 91| 736
793.3
Mortgages
218.3 2j;.a 244.9\ 262.1} 280.2\ 294.6 323.3\ 365.91 411 J.i 446
485.6]
Home mortgages
36.
39. 5\
43.1\
58.4
5J.5\
68.41
91 4\
81.1
98
98.9.
Afultifamily residential. . . .
55.5
S5.2
61.2
95.4
7B.1\
111.9 130 7\ 145
157.9]
65.8,
Commercial
21,2
23.1
32.2:
41 3\
25. 0
35.8
29.0,1 29.8
S0.9\
46
27 2
Farm
287.2
121.0

325.1
136.8
121.1
7.6;i
59.5

345.1
143.5
127.11
10.2
64.3

370.2
152.1
140.1
9.9
68.1

415.5

110.8

808.
109.
363,

551.5
5%.3
225.6 22H.3
200.6 224.2
21.2
5.81
17.2
4.3
49.6
108.2j 122.6
44.9j
i
872.5 954.3 1,044.6 1,124.8 1,237.5 1,385.0 1,563.8 11,722.2 1 ,821.1 1,989.2
149.2
117.3 127.21 137.9
" " 166.9
~
181.4 193.7 209.9 221.0, '235.7
385.01 417.6,, 451.9 476.8, 522.5 588.5; 666.8; 715.8 764.4' §54,5

302.3
32.3
47.0
223.0

335
35.5
52.5
247.2

370.3
38.8\
57.3
274.1

409.4
41.6
62.5
305.4

454.8 498.8
44.6
46.9i
69.8,
76.6,
340.4 375.3

548.0
51.4
88.3
408.3

615. ill 703.3''
57.2,
67.2
102.4i, 116.1
455,4 520.0

38.9
10.2
7.2
2.5

39.9
10.5
7.1
2.5
19.8

42.8
10.8
6.8
3.0
22.3 j,

45.3

51.9
14.4
5.7
4.0
27.8"'

57.1
15.9
7.3
4.3
29,6

238.9
97.7
96.2
2.7l
42.3

By borrowing sector
State and local governments,
Households

746.2
103.1
340.8

Nonfinancial business
Farm
Nonfarm noncorporate... ,
Corporate
Foreign credit market debt owed to
United States
Bonds
Bank loans n.e.c
Open market paper
U.S. Government loans

'\

989.2
393.0
237,0
277,2
878.8
549,6
102. 5
269.6
57.1

257.2 i
107.2
100.8

216.8
86.7
89.9
1.7
38.5

Other debt instruments
Bank loans n.e.c
Consumer credit
Open market paper
Other

619 8
515.8
506.4
9,3

11.7
6.3
2.9|.
24.4[

47.5
11.7

6.1,
3.2l
26.5;

170.8
159.0
10.6
75.0

62.3
17.1
10.3

3.2J
31.7

490.3 550.3i
210.7 240.1
181.01 191.3
13.1
19.8
99.2
85.5

68 4

17.8
13.1
4.2
33.4

796.6
75 J
123.5
598.01
81 6
19.6
17.8

11.4
32.8'!

835.7i 899 1
83.8
94,9
125.6' 130 6
626.3} 673,6
94.5'

114.8

25.6\
21.5
II. 7j
35.7

33.9
28.2
13.6
39.0

Financial sectors

2
3
4
5
6
7
8

9

10
11

12
13
14
15
16
17
IB
19
20
21

Total credit market debt owed by
financial sectors
U.S. Government-related
Sponsored credit agency securi-.
ties
Mortgage pool securities.
Loans from U.S. Government..
Private financial sectors
Corporate bonds
Mortgages
Bank loans n.e.c
Open market paper and Rp's.
Loans from FHLB's
Total, by sector
Sponsored credit agencies.
Mortgage pools
Private financial sectors
Commercial banks
Bank affiliates
Savings and loan associations.
Finance companies
RElT's
Money market funds

;

59.7
15.1

13.8
.9
.3

68.0
20.3

"4

66.9
20.4

77.6
24.4

106.8
33. §

117.7
43.6

129.6
49.5

155.4
57.9

205. J

11.$

244.2
100.9

258.1
114.5

286,2
133.1

18.4
2.0

21.6
2.5
.3

30.6
3.2

38.9
4.8

40.0
9.5

43.5!
14. 4

59 .*
18. t

76.4
23.8,
.7'

78. s'
34.11
1.6

4? !8
t.2

53.2
16.4
2.6
10.7,1
18.21
5.3

72.9]
17.2
2.9
12.5
31.1
9.3

74.1
19.9
3.6
12.4!
27.6
10.6

^0.0
23.7
5.7
14.3.
28.5'

97.4
28.8
7.4
20.4
32.9
8.0.

127. t

32,3
6,1
29.3
44.7
15.1

143.3,
34.4
4.9
33.6
48.6
21.8

143.7.
37.3
7.21
29.9,
51.4
17.8'

1S3.1

155.41

205.5'
59.8
18.0.

244.2
77.1
23,8

258 1
80,3
34,1

286.2
83.3
49.#

97.4\ 727.6'
9.2
16.1.
2.6!
4.9
16.0;
22.0'
60.8! 70.2
14.4
8.8!

143.3
14.1
8.3
28,3
74.4,
15.81
2.4'!

143.7
14.7
8.7'
26.1
74.8
15.7
3.6|

I $3.1
20.6
7.9
26.1
81.4
U.8

44.6
15.1
2.2
12.3
9.1
6.0

47.6*

6.91

46.51
16.0
2.3
9.2
14.7.1
4.41

59.7
14.2
.9

68.0
19.0
1.3

66.9
18.4
2.0,

77.6
21.9
2.5

106.8
30.61

117.7
38.9
4.8

44. 6
2.2

47.6\1
2.6 '

46. 5l
2.6

53.2
3.5

74.1
3.8

8.7
33.8

8.7
36.3

7.0'
36.9

8.2
40.8

72.9
5.9
4.3
12.3
49.0
1.5

15.3f

1.3
11.2,

13.0!

.3:?.

51.7J
2.2J

7.9J

129. 6 1
40.0

.

5.6
2.0
14.1
54.3i
4.1

43.5 j
14.4!

.1

43 J
9,3
26.4
58.3
15.9

3.4

All sectors
Total credit market debt
U.S. Government securities
State and local obligations
Corporate and foreign bonds
Mortgages
Consumer credit
Bank loans n.e.c
Open market paper and Rp's. . .
Other loans
MEMO: Selected claims not included
above
Security credit
Trade credit
,
Investment company shares
Other corporate equities

210



,107.2
275.3
100.3
123.0
335.3
89.9
106.2
13.3

63.9
18.0
114.3
35.2
713.7,

f

|
i
;]
1
.]
I
1,182.1 1,261.4 1,369.7; 1,487.8 1,595.2 1,749.8 1,943.4 2,186.9 2,408.9 2 , 6 2 0 . 0 2 , 905.9
284.51 297.7) 315.l ,j 321.23 343.0,, 373.8 397.4' 425.71 459.9' 558.1 646.7
105.9 113.7 123.2 133.11 144.4 161.8 176.5 191.2| 208.4 221.9' 237.0
133.8 149.41 163.7 176.5 ! 201.6! 225.7| 244.2 257.5 281.1 317.2; 354 J
358.4! 382.9! 412.5 443.2 4 7 3 . l j 526.5 603.4 682.3' 742.5 SO 1.5 889,0
96.2 100.8 110.8 121.1 127.1 140.1 159.0, 181.Oi 191.3 200.61 224.2
115.9 123.2 138.1 155.4 161.6 173.7 201.5 253.1, 291.5 277.01 283.0
80.3! 93.3
18.2
22.1
26.8
41.9
41.8
42.6
46.7
62.0
79.8
69.1
71.6
79.6
95.3 102.7 105.6 114.7 134.0! 154.5 163.3 178.6

18.7
124.9
34.8
647.8

,|

1

25.8
133.8
44.7!
823.9

32.3
151.61
52.7'
981.4
I

25.7i
175.01
48.3
866.4J

24.9
28.7
37.4
184.8 196.5 213.4
47.6
56.7
59.8
859.4,1.003.7.1,142.2,

29.5
236.6
46.5
S57.4 ; ,

24.5
262.1
34.1
567.3

28.0;

277.1,1
42 2
756.7.

41.2
308. S

47.0

943.1

46.2 Flow of funds accounts, 1965-1976—Continued
B. Direct and indirect claims on credit market debt
Amounts outstanding at end of year, in billions of dollars; exceptions noted.
Transaction; category, or sector
1

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Total credit market claims on non1,047.5 1,114.2 1,194.4 1,292.2 1,381.0 1,477.5 1,620.2 1,788.0 1,981.3 2,164.7 2,361.9 2,619.8
financial sectors

By public agencies and foreign:
Total held
By type:
3
U.S. Government securities. . . .
4
Residential mortgages
5
FHLB advances to S&L's . .
6
Other loans and securities
By sector :
7
U.S. Government
8
Sponsored credit agencies . . . .
9
ft^onetury
authorities
10
Foreign
1 1 Agency debt not included in line 1 . .
2

114.0

125.9

137.7

150.1

165.5

195.3

238.3

.25P./

293.4

341. B

386.6

442.7

56.0
7.6
6.0
44,4

59.3
10.7
6.9
48.9

66.2
13.3
4.4
53.9

69,5
16.6
5.3
58.7

69.8
21.7
9.3
64.6

85.1
28.3
10.6
71.3

119.6
35.3
7.9
75.5

127.2
42.3
8.0
81.7

136.6
50.6
15.1
91.1

148.5
65.3
21.8
105.8

171.0
81.5
17.8
116.2

197.8
94.3
15.9
134.7

37.9
19.1
41.0
15.9
15.1

42.4
24.7
44.5
14.3
20.3

47.1
25.3
49.3
16.1
20.4

52.0
29.1
53.0
16.1
24.4

55.1
38.5
57.2
14.7
33.8

57.8
49.6
62.2
25.7
43.6

59.9
54.9
71.1
52.5
49.5

62.4
64.1
71.3
61.3
57.9

65.5
85.5
80.6
61.9
77.9

73.1
111.1
86.7
70.4
100.9

88.2
125.7
95.3
77.5
114.5

97.2
146.3
105.1
94.2
133.1

Private domestic holdings
12 Total held
13
U.S. Government securities
14
State and local obligations . .
15
Corporate and foreign bonds
16
Residential mortgages
..
17
Other mortgages and loans
18
Less- FHLB advances

948.6 1,008.6 1,077.1 1,166.5 1,249.4 1,325.8 1,431.5 1,586.9 1,765.8 1,924.3 2,089.8 2,310.2
219.3 225.2 231.5
245.6 251.4 257.8 254.3 270.2 289.0 311.4
387.1 448.9
100.3 105.9 113.7
144.4 161.8
123.2
133.1
176.5 191.2
237.0
208.4 221.9
107.3 117.3 132.5
180.0
146.4 158.9
199.7 212.6
222.4 245.6 217.4 306.1
248.9 262.2 276.5 293.7 311.5
326.3 357.9 406.1 453.6 480.3 504.1 558.8
278.8 304.9 327.3 362.8 403.8 427.9 465.7 529.4 624.7 700.4 717.1
775.2
9.3
4.4
6.0
10.6
5.3
6.9
15.1
8.0
7.9
15.9
21.8
17.8

Private financial intermediation
Credit market claims held by private
financial institutions
20
Commercial banks
..
21
Savings institutions
22
Insurance and pension funds . .
23
Other finance

752.0
301.2
183.1
218.7
48.9

797.3
317.5
191.4
234.8
53.5

860.8
353.4
206.4
247.9
53.2

936.4
392.1
222.0
261.6
60.8

993.3 1,069.8 1,181.0 1,330.7 1,494.6 1,620.5 1,742.0 1,929.1
410.4 445.5 496.0 566.5 653.1 717.8
745.4 803.3
236.6 254.0 294.7 342.9 378.9 405,3 457.0 528.7
274.7 291.9
305.7 322.8 346.8 376.8 418.3 465.9
71.5
78.5
115.9 120.6
98.4
84.5
121.3 131.2

24 Sources of funds
25
Private domestic deposits
26
Credit market borrowing. .

752.0
437.9
44.6

797.3
459,2
47,6

860.8
508.9
46.5

936.4
554.7
53.2

993.3 1,069.8 1,181.0 1,330.7 1,494.6 1,620.5 1 ,742.0 1,929.1
557.2 617.9
707.5 808.3 894.7 964.1 1,055.0 1,177.8
74.1
97.4 127.6 143.3 143.7 153.1
80.0
72.9

27 Other soitrt cs
•
28
Foreign iunds
29
Treasury balances
30
Insurance and pension reserves. . .
31
Other m t

269.5
15.3
5.5
181.5
67.1

290.4
19.0
5.0
195.7
70.8

305.4
21.3
5.2
206.5
72.4

328.5
23.9
5.0
216.9
82.7

363.2
33.5
5.1
228.9
95.7

377.8
25.4
7.9
242.4
102.0

393.4
21.5
10.2
250.2

in. 6

425.0
26.8
10.9
260.8
126.5

472.2
33.7
9.9
282.0
146.6

513.2
48.3
4.8
312.8
147.3

543.3
47.9
3.1
341.4
150.9

598.2
51.0
3.0
375.1
169.1

Private domestic nonfmancial investors
32 Credit fnctrhet claims
..
33
U S Government securities
34
State am, local obligations
35
Corporate and foreign bonds. . . .
36
Open market paper and Rp's
37
Other

241.2
114.6
43.2
10.8
7.3
65.3

259.0
122.3
46.2
11.9
10.2
68.4

262.8
121.2
43,5
15.1
11.9
71.0

283.2
129.9
43.5
19.4
16.1
74.3

329.1
147.5
51.9
25.2
26.1
78.3

330.1
140.2
50.6
35.9
21.0
82.3

330.6
129.4
51.4
44.5
19.9
85.3

353.6
133.3
54.4
48.7
22.8
94.4

398.9
152.8
59.7
49.7
35.3
101.3

447.0
171.0
69.8
56.7
40.1
109.4

491.5
193.2
76.1
63.9
43.2
115.1

534.2
213.0
80.8
66.3
47.2
126.9

38
39
40
41
42

475.7
310.9
15.0
126.1
169.8

498.4
329.8
14.6
138.2
177.0

550.1
368.5
18.5
156.5
193.5

595.5
402.1
21.8
173.9
206.3

603.7
400.0
8.1
177.1
214.7

668.0
455.3
22.7
201.3
231.4

760.9
534.5
29.1
234.4
271.0

866.1
618.3
36.8
265.0
316.4

956.5 7,032.2 1,129.3 1,259.4
694.4 761.1 845.9 958.9
45.5
59.7
73.8
54.9
360.8 418.9
294.6 321.5
344.9 365.9 425.4 494.5

164.1
126.9
37.2

168.6
129.4
39.2

181.7
140.4
41.2

196.5
152.7
43.8

203.8
157.2
46.6

212.7
162.6
50.0

226.4
173.0
53.4

247.8
190.0
57.9

262.7
200.3
61.8

716.3
10.9

757.3
11.3

813.0
11.5

881.8
11.6

932.8
12.0

998.1 1,091.5 1,219.7 1,355.4 1,479.2 1,620.7 1,793.6
16.4
16.9
15.8
14.5
14.8
14.7
13.2

79.3
31.3

79.0
33.3

79.9
37.4

80.3
40.0

79.5
48.2

19

43
44
45
46
47
48

Deposits and currency .
Time anil saving accounts
Large negotiable CD's
Other at commercial banks. . . .
At savings institutions
Money .
Demand deposits
Currency
Total of credit market instruments,
deposits and currency
Public support rate (in per cent). .
Private financial intermediation (in
per cent)
..

80.7
51.2

82.5
74.0

83.9
88.1

271.0
203.0
68.1

283.4
209.1
74.3

300.5
218.9
81.6

84.6
95.6

84.2
118.7

83.4
125.4

83.5
145.1

903.9
46.5
857.4
202.8
701.1

601.4
34.1
567.3
147.4
454.0

798.9
42.2
756.7
197.2
601.7

990.1
47.0
943.1
237.8
752.3

Corporate equities not included above
50 Total at market value
..
51
Mutual funds shares
52
Other equities
53 Held by financial institutions . . .
54 Held by others

749.0
35.2
713.7
98.9
650.1

682.7
34.8
647.8
94.6
588.1

868.6 1,034.0
52.7
44.7
823.9 981.4
122.5 145.4
746.1 888.6

NOTES BY LINE NO.
1. Line 1 of Table 46.2-A.
2. Sum of lines 3-6 or 7-10.
6. Includes farm and commercial mortgages.
11. Credit market funds raised by Federally sponsored credit agencies,
and net issues of Federally related mortgage pool securities. Included in lines 3, 13, and 33.
12. Line 1 less line 2 plus line 11. Also line 19 less line 26 plus line 32.
Also sum of lines 27, 32, 39, and 44.
17. Includes farm and commercial mortgages.
25. Lines 39 plus 44.
26. Excludes equity issues and investment company shares. Includes
line 18.
28. Foreign deposits at commercial banks, bank borrowings from for-




914.6
48.3
866.4
141.4
773.3

907.0 1,060.4 1,202.1
56.7
59.8
47.6
859.4 1,003.7 1,142.2
150.8 196.0 245.2
756.2 864.5 956.8

eign branches, and liabilities of foreign banking agencies to foreign affiliates.
29. Demand deposits at commercial banks.
30. Excludes net investment of these reserves in corporate equities.
31. Mainly retained earnings and net miscellaneous liabilities.
32. Line 12 less line 19 plus line 26.
33-37. Lines 13-17 less amounts acquired by private finance. Line 37
includes mortgages.
45. Mainly an offset to line 9.
46. Lines 32 plus 38 or line 12 less line 27 plus line 45.
47. Line2/Hne 1.
48. Line 19/Hne 12,
49. Lines 10 plus 28.
50. 52. Includes issues by financial institutions.

211




46,2 Flow of
accounts, 1965-76—Continued
C. Summary of principal assets and liabilities
Amounts outstanding at end of year, in billions of dollars
Transaction category, or sector

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Demand deposits and currency
1
2
3
4
5
6
7
8
9
10
11
12
13

Total assets
187.5
Money stock
180.5
Rest of the world
4.6
Domestic sectors
175.9
83.4
Households
Nonfinancial business
56.6
Farm
6.0
Nonf arm noncorporate . . . . 12.5
Corporate
38.1
State and local governments.
12.1
Financial sectors
11.8
Mail float
12.0
U S Government
7.0

14 Total banking system liability
15
Monetary authorities
16
Commercial banking

187.5
38.8
148.7

191.7
185.1
5.0
180.1
85.8
55.9
6.0
12.5
37.4
13.0
11.5
13.9
6.6

206.6
198.9
5.3
193.7
95.7
58,4
6.1
12.5
39.8
14.1
12.0
13.4
7.7

221.5
215.1
5.9
209.2
106.6
61.3
6.3
12.5
42.5
13.9
12.8
14.6
6.4

229.4
222.4
6.2
216.2
109.1
61.9
6.4
12.5
43.0
15.3
12.4
17.4
7.0

241.8
232.2
6.7
225.5
117.9
63.0
6.5
12.5
43.9
12.5
12.9
19.3
9.5

259.3
246.6
6.5
240.1
126.9
64.6
6.6
12.5
45.5
13.5
13.7
21.4
12.7

284.1
271.0
8.1
262.9
141 .4
66.3
6.9
12.5
46 9
15.2
15.1
24.9
13.1

301.9
289.2
11.0
278.2
154.1
66.9
7.1
12.5
47.3
14.9
16.1
26.2
12.7

308.9
300.8
13.9
286.9
159.9
64.1
6.9
12.5
44.7
14.2
15.9
32.8
8.1

325.0
314.1
14.0
300.1
166.9
67.0
7.0
12.5
47.5
14.4
16.8
35.1
10.9

347.6
333.7
15.8
317.9
174.8
71 .6
7.1
12.5
52.0
13.1
17.4
41.0
13.9

191.7
41.2
150.4

206.6
44.1
162.5

221.5
45.6
175.8

229.4
48.9
180.5

241.8
52.0
189.8

259.3
56.4
202.9

284.1
60.4
223.7

301.9
65.0
236.9

308.9
71.9
237.0

325.0
82.5
242.5

347.6
93.1
254.5

715.6
367.7
288.5
16.6
44 4
13.2
.4
2.5
.8
.2
1.1
347.8
96.3
24.5
227.0
224.1
2.9

794.7
425.5
324.7
20.5
50.1
20.2
.5
2.9
1.0
.2
3.7
1.6
369.2
98.7
27.5
243.0
239.7
3.3

884.2
455.6
350.1
22.4
48.1
20.9
.6
7.4
1.1
.6
2.4
2.1
428.6
109.9
33.0
285.7
282.5
3.3

994.0
496.1
389.8
24.4
50.2
19.0
.7
6.4
1.1
.7
2.3
1.5
497.9
122.9
39.0
336.0
332.6
3.4

Time deposits and savings accounts
1 Total held
2
Commercial banking liability
3
Households
4
Nonfinancial corporate business
5
State and local governments. . .
6
Foreign
7
U.S. Government
8
Savings and loan associations. .
9
Mutual savings banks
10
Credit unions
11
Private pension funds
12
Money market funds . . .
13
Savings institutions' liability
14
M^utual savings banks
15
Credit unions
16
Savings and loan associations. .
17
Held by: Households
18
Credit unions

319.7
147.7
120.0
9.0
12.2
6.1
.3

379.5
183.7
149.4
9.7
15.9
7.7
.3
.2
.2

.2

338.9
159.8
130.7
8.6
13.5
6.4
.2
.1
.2

412.9
204.5
167.6
9.1
19.1
7.4
.4
.2
.2

.1

.4

.6

172.0
52.4
9.2
110.4
108.1
2.3

179.0
55.0
10.1
114.0
111.9
2.1

195.7
60.1
11.1
124.5
122.2
2.3

208.4
64.5
12.3
131.6
129.5
2.1

411.5
195.1
168.4
3.7
13.2
8.8
.2
.2
.1

466.6
233.1
195.4
5.3
23.2
7.1
.5
.6
.3

548.4
274.5
223.6
9.5
30.4
7.5
.5
2.2
.5

636.8
316.8
249.2
15.5
37.2
10.3
.6
3.2
.6

.6 " " !?' "'".3 "'".3

216.4
67.1
13.7
135.5
133.9
1.7

233.5
71.6
15.5
146 .4
144.3
2.1

274.0
81.4
18.4
174.2
171.2
3.0

320.0
91.6
21.6
206.8
203.2
3.6

U.S. Government securities
1 Total outstanding
275.3
257.9
2
Treasury issues
3
Savings bonds (households) . . . . 49.7
4
Treasury excl. savings bonds . . . 208.2
17.4
5
Other
.2
6
Budget agency issues
2.4
7
Loan participations *
8
CCC certificates of interest . .
.5
1.9
9
Other
10
Sponsored agency issues 22
13.8
11
Mortgage pool securities
.9

284.5
260.3
50.2
210.0
24.2
.3
3.7
.5
3.2
18.9
1.3

297.7
269.2
51.2
217.9
28.5
.5
7.7
1.7
6.0
18.4
2.0

315.1
279.6
51.9
227.8
35.4
1.9
9.4
1.1
8.2
21.6
2.5

321.2
278.4
51.8
226.6
42.9
1.6
7.5
.3
7.1
30.6
3.2

343.0
191.2
52.1
239.2
51.7
1.9
6.2

373.8
317.3
54.4
262.8
56.6
2.7
4.3

397.4
331 .5
57.7
273.9
65.9
4.5
3.4

425.7
339.4
60.4
279.1
86.2
5.3
3.1

459.9
351.5
63.3
288.1
108.5
5.4
2.8

558.1
437.3
67.4
369.9
120.8
5.1
2.7

646.7
506.4
72.0
434.4
140.2
5.7
2.7

6.2
38.9
4.8

4.3
40.0
9.5

3.4
43.5
14.4

3.1
59.8
18.0

2.8
76.4
23.8

2.7
78.8
34.1

" "i'.i"

275.3:{:
1 Total holdings, by sector
2
U.S. Govt. (agency securities) . . . .
3
Sponsored credit agencies
1.9
4
Federal Reserve System
40.8
5
Short-term marketable
31.9
6
Other Treasury
8.9
7
Agency issues
13.2
8
Foreign
9
Short-term marketable
7.6
5.6
10
Other
11
Private domestic nonfinancial . . . . 114.7
12
Savings bonds (households) . . . . 49.7
56.9
13
Other Treasury issues
14
Short-term marketable
34.5
22.4
15
Other Treasury
8.1
16
Agency issues
66.0
17
Commercial banking
26.2
18
Short-term marketable
34.0
19
Other Treasury
5.8
20
Agency issues
38.7
21
Private nonbank finance
7.3
22
Short-term marketable
28.0
23
Other Treasury
3.3
24
Agency issues

284.5
1.4
2.8
44.3
36.5
7.8
*
10.8
6.7
4.1
122.3
50.2
60.1
35.5
24.6
12.0
62.9
21.5
35.3
6.1
40.0
8.5
26.8
4.6

297.7
1.3
2.9
49.2
39.2
9.9
*
12.9
7.6
5.3
121.2
51.2
57.1
34.1
22.9
13.0
72.4
27.0
36.3
9.1
37.9
8.6
24.3
5.0

315.1
1.4
2.7
52.9
32.6
20.4

321.2
.1
2.1
57.2
37.6
19.5

343.0
*
3.2
62.1
38.5
23.7

373.8

397.4

425.7

12.4
5.9
6.5
129.9
51.9
61.2
40.2
21.0
16.8
75.7
28.6
36.7
10.4
40.0
10.0
23.4
6.6

10.6
3.7
7.0
147.3
51.8
71.8
52.6
19.1
23.8
65.7
24.3
31.3
10.1
38.2
9.0
20.5
8.7

19.7
11.5
8.2
140.2
52.1
62.2
40.4
21.8
25.9
76.4
30.1
32.4
13.9
41.2
10.8
18.7
11.7

2.7
70.8
39.5
30.7
.6
46.0
25.4
20.6
129.4
54.4
53.1
30.4
22.6
21.9
83.6
25.2
40.4
17.9
41.3
7.8
17.6
15.9

1.5
71.2
41.2
28.7
1.3
54 4
26.7
27.7
133.3
57.7
54.6
33.8
20.8
21.1
90.0
30.7
37.3
22.0
46.9
10.4
15.3
21.2

1.5
80.5
50.6
27.9
2.0
54.7
21.0
33.7
152.8
60.4
63.5
42.6
20.8
29.0
88.8
28.2
31.0
29.6
47.4
9.9
12.2
25.4

459.9
2.5
1.9
85.7
50.5
30.0
5.2
58.4
28.6
29 8
171.0
63.3
70.5
46.2
24.3
37.2
89.8
26.8
29.8
33.2
50.6
9.8
10.9
29.9

558.1
7.0
3.4
94.1
52.4
35.5
6.2
66.5
35.3
31.2
193 2
67.4
92.4
64.0
28.4
33.4
119.9
48.5
36.8
34.5
74.0
15.9
18.9
39.2

646.7
10.8
4.8
104.1
58.6
38.5
7.1
78.1
38.6
39.5
213.0
72.0
100.0
62.6
37.4
41.0
139.6
55.5
48.1
36.0
96.2
22.6
28.7
44 9

225.2

231.5

245.6

251.2

257.8

254.3

270.2

289.0

311.4

387.1

448.9

25

212

MEMO: Held by private domestic
nonfinancial, banks, and non219.4
bank finance

82.1
49.8




Flow of
accounts, 1965-76—Continued
C. Summary of principal assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars
Transaction category, or sector

1965

1966

1967

1968

1970

1969

1971

1972

1973

1974

1975

1976

191.2
16.1
172.7

208.4
18.8
185.5

221.9
17.1
198.2

237.0
13.5
214.4

State and local government securities
1 Total liabilities
2
Short-term
3
Long-term
4
Pollution control (liab, of nonfin.
corps.)
5 Total assets .
6
Households
7
Corporate business
8
State & local govt. gen. fds
9
Commercial banking. .
10
Savings and loan assns
11
Mutual savings banks
12
Life insurance companies
13
State & local govt. ret. fds
14
Other insurance companies
15
Brokers and dealers

100.3
5.5
94.8

105.9
6.2
99.8

113.7
8.0
105.7

123.2
8.1
115.1

133.1
10.9
122.2

144.4
13.3
131.1

161.8
15.7
146.0

176.5
15.8
160.1

.1

.6

2.4

4.1

6.7

9.2

100.3
36.4
4.6
2.2
38.8

105.9
40.4
3.6
2.1
41.2

113.7
38.1
3.3
2.1
50.3

.3
3.5
2.6
11.3
.5

.3
3.3
2.5
12.0
.5

.2
3.1
2.4
13.5
.5

123.2
37.6
3.8
2.2
58.9
.1
.2
3.2
2.4
14 .4
.5

133.1
46.9
2.8
2.2
59.5
.1
.2
3.2
2.3
15.5
.4

144.4
46.0
2.2
2,4
70.2
.1
.2
3.3
2.0
17.0
.9

161.8
46. 1
3.2
2.1
82.8
.2
.4
3.4
2.2
20.5
1.0

176.5
48.4
4.2
1.8
90.0
.2
.9
3.4
2.0
24.8
.9

191.2
53.6
4.0
2.1
95.7
2
i9
3.4
1.7
28.5
1.1

208.4
62.5
4.7
2.6
101.2
.5
.9
3.7
1.0
30.7
.7

221.9
67.5
4.5
4.1
102.8
1.1
1.5
4.5
1.9
33.3
.6

237.0
71.7
3.4
5.6
105.9
1.2
2.4
5.6
2.8
37.4
.9

Corporate and foreign bonds
Total liabilities
Nonfinancial corporate business. .
Rest of the world
Commercial banks
Finance companies
REIT's

123.0
97.8
10.2
1.6
13.5

133.8
108.0
10.5
1.7
13.6

149.4
122.7
10.8
2.0
14.0

163.7
135.6
11.7
2.2
14.2

176.5
147.6
11.7
2.0
15.1
.1

201.6
167.3
14.4
2.1
17.2
.6

225.7
186.1
15,9
3.0
19.7
1.0

244.2
198.3
17.1
4.1
23.3
1.4

257.5
207.5
17.8
4.1
26.2
1.9

281.1
227.1
19.6
4.3
28.0
2.1

317.2
254.3
25.6
4.5
30.7
2.1

354.1
277.2
33.9
5.2
36.0
1.9

7 Total assets
8
Households
9
Rest of the world
. ..
10
Commercial banking
11
Mutual savings banks
..
12
Life insurance companies
13
Private pension funds
14
State & local govt. ret. fds
15
Other insurance companies
16
Open-end investment companies. .
17
Brokers and dealers . .

123.0
10.8
.7
1.1
2.9
61.0
22.7
17.2
3.0
2.6
.9

133.8
11.9
1.3
1.2
3.2
63.4
25.2
20.2
3.6
2.9
1.0

149.4
15.1
.9
1.9
5.3
67.2
26.4
23.9
4.3
3.0
1.4

163.7
19.4
.9
2.2
6.6
70.9
27.0
26.6
5,5
3.4
1.2

176.5
25.2
.4
1.7
6.9
72.7
27.6
30.6
6.3
3.6
1.6

201.6
35.9
1.7
2.4
8.1
74.1
29.7
35.1
8.6
4.3
1.7

225.7
44.5
2.3
3.7
12.0
79.6
29.0
39.0
8.9
4.9
1.8

244.2
48.7
2.8
5.3
14.2
86.6
28.2
43.2
8.1
5.1
2.0

257.5
49.7
2.8
5.7
13.1
92.5
30.3
48.8
8.0
4.2
2.4

281.1
56.7
1.0
6.8
14.0
96.4
35.0
55.6
10.0
3.8
1.7

317.2
63.9
2.5
8.6
17.5
105.5
37.8
61.7
12.2
4.8
2.7

354.1
66.3
4.9
8.0
20.3
122.4
39.1
68.5
14.2
7.0
3.5

907.0 1,060.4 1,202.1
56.7
47.6
59.8
859.4 1,003.7 1,142.2
907.0 1,060.4 1,202.1
737.5 843.0 929.0
18.7
21.4
27.8
.5
.5
.6
2.8
3.5
4.5
15.4
20.6
26.8
67.1
88.7 115.2
15.4
22.2
10.1
13.2
16.6
21.8
39.7
48.6
51.7
2.1
2.0
2.3

903.9
46.5
857.4
903.9
676.3
24.8
.9
4.2
25.9
90.5
20.6
19.7
38.3
2.7

601.4
34.1
567.3
601.4
436.3
17.7
.9
3.7
21.9
63.3
16.4
12.8
26.3
2.0

798.9
42.2
756.7
798.9
575.0
26.7
.9
4.4
28.1
88.6
24.3
14.2
33.7
3.0

990.1
47.0
943.1
990.1
720.9
31.4
1.2
4.4
34.3
109.7
30.1
17.1
37.3
3.8

1
2
3
4
5
6

Corporate equities
1 Total at market value
2
Open-end investment companies . .
3
Other sectors
.. .
4 Market value by holder
5
Households
6
Rest of the world
7
Commercial banking
8
Mutual savings banks
9
Life insurance companies
10
Private pension funds
11
State & local govt. ret. fds
12
Other insurance companies
13
Open-end investment companies . .
14
Brokers and dealers

749.0
35.2
713.7
749.0
635.5
14.6
.2
2.3
9.1
40.8
2.5
12.0
30,9
1.2

682.7
34.8
647.8
682.7
575.4
12.6
.2
2.0
8.8
39.5
2.8
11.0
28.9
1.3

868.6 1,034.0
44.7
52.7
823.9 981.4
868.6 1,034.0
730.6 869.0
19.6
15.5
.4
.3
2.4
2.5
13.2
10.9
51.1
61.5
3.9
5.8
13.0
14.6
39.2
46.1
1.7
1.5

914.6
48.3
866.4
914.6
755.1
18.1
.4
2,5
13.7
61.4
7.3
13.3
40.9
1.9

Open market paper, Federal funds and Rp's, and money market fund shares
1 Total outstanding, all types .
2 Open market paper
3
Commercial paper . .
4
Nonfinancial corporations
5
Financial business
6
Bankers acceptances
7
Nonfinancial business
8
Rest of the world
9
Holdings, by sector . .
10
Households
11
Nonfinancial corporate business
12
Rest of the world
13
Sponsored credit agencies
14
Monetary authority
15
Commercial banking
16
Savings and loan associations. .
17
Mutual savings banks
18
Life insurance companies
19
Investment companies
20
Mioney market funds
Federal funds and security Rp's:
21 Total nonbank credit to banks
22
Nonfinancial corporations
23
Sponsored credit agencies
24
Savings and loan associations
25
Mutual savings banks
Money market mutual fund shares
(household assets)

.3
8.5
2.8
1.0
2.8
1.7

46.7
41.6
34.7
7.0
27.8
6.9
3.7
3.2
41.6
1.0
19.2
4.1
.4
.1
8.3
3.3
.9
3.0
1.4

62.0
50.0
41.1
8.4
32.7
8.9
4.7
4.2
50.0
4.4
25.7
4.4
.2
.1
7.0
2.8
.8
3.0
1.6

79.8
67.6
49.0
12.5
36.5
18.7
7.2
11.4
67.6
10.1
25.1
11.0
1.1
1.0
9.2
2.7
.9
4.1
1.8
.6

80.3
66.4
47.1
9.6
37.5
19.3
7.6
11.7
66.4
4.1
30.8
8.4
1.2
1.1
10.3
2.7
1.0
4.8
1.5
.5

93.3
74.6
50.8
11.0
39.7
23.8
10.2
13.6
74.6
3.9
33.0
11.1
1.2
1.0
14.0
2.5
1.5
5.2
.4
.8

2.6
1.1
.4
.5
.7

5.1
2.7
.8
.9
.8

12.0
5.3
3.0
2.2
1.5

9.8
2.5
2.1
4.0
1.2

10.2
4.7
1.8
2.6
1.1

15.4
7.0
2.1
4.8
1.5

2.4

3.6

3.4

13.3
12.7
9.3
.8
8.5
3.4
.9
2.5
U
'l
6.7
2.0

18.2
17.2
13.6
1.6
12.0
3.6
1.1
2.5
17.2
2.8
6.5
2.2

22.1
21.4
17.1
3.0
14.1
4.3
1.3
3.0
21.4
.6
10.7
2,2

26.8
25.6
21.2
4.2
16.9
4.4
1.6
2.9
25.6
.1
14.8
2.8

41,9
38.1
32.6
5.4
27.2
5.5
2.3
3.2
38.1
4.0
18.9
3.8

41.8
40.1
33.1
7.1
25.9
7.1
3.1
4.0
40.1
,8
20.0
4.3

42.6
40.0
32.1
6.2
25.9
7.9
3.6
4.3
40.0
1.1
17.7
4.1

.2
2.7

.2
3.7

.2
5.8

]3
.3
.5

.4
1.0

.5
1.0

is

.1
5.4
.1
.4
.5
1.2

.1
6,7
.3
.5
1.4
2.4

.1
8.2
1.8
.7
2.1
2.1

.6
.6

.9
.9
*

.7
.7

1.2
1.1
*

3.8
3.3
.2

1.6
.2
1.0

.1

.3

.4

Is

213

46.2

Flow of funds accounts, 1965-76—Continued

D. Sector statements of financial assets and liabilities
Amounts outstanding at end of year, in billions of dollars

1965

Category

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Households, personal trusts, and nonprofit organizations
. . 1,465.3 1,458.7 1,692.0 1,914.7 1,860.9 1,923.6 2,151.7 2,391.7 2,248.9 2,113.8 2,446.6 2,801.3

1

Total financial assets

2
3
4
5
6

Deposits and credit mkt. instruments l.
Demand deposits and currency. . .
Time and savings accounts
..
At commercial banks
At savings institutions

549.7
83.4
289.8
120.0
169.8

587,4
85.8
307.7
130.7
177.0

634. 8
95.7
342.9
149.4
193.5

688,8
106.6
373.9
167.6
206.3

733,1
109,1
383.1
168.4
214.7

7S5.5
117.9
426.7
195.4
231.4

862,5
126.9
494.6
223.6
271.0

960.3 1,071.4 1,176.3 1,294,4 1,4?.$. 3
141.4
154.1 159.9
166.9
174.8
565.6 633.4 690.6 775.4 884.2
249.2 288.5 324.7 350 . 1 389 . 8
316.4 344.9 365.9 425.4 494 . 5

7
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
State and local obligations
Corporate and foreign bonds. . ,
Mortgages, .
Open market paper
Money market fund shares

176.4
87.0
81.0
49.7
31.3
6.0
36.4
10.8
42.2
*

193.9
94.6
83.9
50.2
33.6
10.8
40.4
11.9
44.2
2.8

196.2
96.3
85.0
51.2
33.8
11.3
38.1
15.1
46.1
.6

208.4
102.6
89.9
51.9
38.0
12.7
37.6
19.4
48.7
.1

240.9
113.5
95.9
51.8
44.1
17.7
46.9
25.2
51.3
4.0

240.8
105.2
82.9
52.1
30.8
22.3
46.0
35.9
52.9
.8

241.0
95.1
74.6
54.4
20.2
20.5
46.1
44.5
54.1
1.1

253.3
94.8
77.8
57.7
20.1
17.0
48.4
48.7
60.5
1.0

283.9
112.3
93.3
60.4
32.9
19.0
53.6
49.7
63.9
4.4

325.9
126.0
103.0
63.3
39.7
22.9
62.5
56.7
68.2
10.1
2.4

352.0
141.7
120.0
67.4
52.6
21.7
67.5
63.9
71.2
4.1
3.6

366.2
141.2
U6.8
72.0
44.7
24.4
71.7
66.3
79.8
3.9
3.4

18
19
20

Corporate equities
Investment company shares. . . .
Other corporate equities

635.5
35.2
600.2

575.4
34.8
540.6

730.6
44.7
685.9

869.0
52.7
816.4

755.1
48.3
706 . 8

737.5
47.6
689.9

843.0
56.7
786.3

929.0
59. 8
869.2

676.3
46.5
629.8

436.3
34.1
402.2

575.0
42.2
532.8

720.9
47.0
673.9

21
22
23
24

Life insurance reserves
Pension fund reserves
Security credit.
Miscellaneous assets

105.9
154.8
2.5
17.0

110.6
164.3
2.7
18.2

115.4
186.4
4.9
19.8

120.0
208.1
7.0
21.6

125.0
218.7
5.2
23.8

130.3
239.6
4.4
26.3

136.4
276.2
4.9
28.7

143.1
323.0
5.0
31.3

150.5
311.81
4.9
34.1

156.9
303.6
3.9
36.8

165.1
367.2
4.5
40.5

172.1
431.8
6.3
44.9

356.2

379.7

405.3

441.6

473.5

497.6

546.9

618.5

693.5

742.3

793.5

890.4

340.8
214.5
13.4
70.9
19.0
12.0
11.0
9.1
3.0

363.7
228.6
14.6
76.2
20.0
12.3
11.9
9.0
3.3

385.0
241.0
IS. 6l
79.4
21.4
14.3
13.3
12.7

417.6
258.0
16.7
87.7
23.0
16.8
15.3
15.6

451.9
276.5
17.9
97.1
24.0
18.0
18.31
12.2

476.8
290.7
19.0
102.0
25.1
19.1
20.9
10.4

522.5
317.7
20.3
112.7
27.4
22.1
22.3
13.1

588.5
359.31
21.5
128.5
30.5
25.0
23.6
17.6
6.5

666.8
405.4
22.6
148.2
32.9
31.5
26.2
13.2
7.1;

715.8
440.7
23.7
157.5
33.8
30.8
29.4
11.4
8.0

764.4
478.7
24. H
165.0
35.7
28.8
31.5
12.2
9.2

854.5
540 . 3
25.8
185.5
38.7
30.9
33.4
17.2
10.5

3.3

3.7

3.9

4.3

4.7

5.1

5.4

6.0

6.4

7.1

7.7

8.2

573.6
64.1
20.5
71.6
275.1'
142 .4

618.5
67.0)
22.4
85. 8
281.7|
161.7

687.6
71.6
24.4
101. 0
308.8
181.7

25

Total liabilities

26
27
28
29
30
31
32
33
34
35

Credit market instruments
Home mortgages
Other mortgages
Instalment consumer credit. . , .
Other consumer credit
Bank loans n.e.c
Other loans.
Security credit
Trade credit
Deferred and unpaid life insurance premiums

Nonfinancial business—Total
1

291.3
56.6
9.0
41.1
121.2
63.5

303.5
55.9
8.6
39.4
133.2
66.5

322.9
58.4
9.7
41.2
141.4
72. 3i

355.4
61.3
9.1
47.6
159.8
77.6

388.4
61.9
3.7
55.7
182.3
84.8

408.8
63.0
5.3
56.8
190.5
93.2

442.1
64.6
9.5
59.5
205.3
103.1

484.6
66.3
15.5
62.5
226.8
113.5

535.0
66.9
16.6
69.4
252.2
129.9

7 Total liabilities. .
8
Credit market instruments
9
Tax-exempt bonds
10
Corporate bonds
11
Mortgages
12
Bank loans n.e.c
13
Other loans

432.3
302.3

474.5
335.2

512.6
370.3

571.8
409.4

636.3
454.8

686.3
498.8

831.8
615.1

97.8
103.4
74.7
26.4

108.0
112.2
85.3
29.7

122.7
122.2
93.0
32.4

135.6
133.5
104.2
36.1

147.6
144.4
118.8
44.1

167.3
158.3
124.4
48.8

748.6
548.0
.1
186.11
181.3
130.0
50.5

945.0 1,064.0 1,112.0 1 , 208 . 1
703.3 796.6!1 835.7 899.1
9.2
6,7
4. 1
2.4
207.5 227.1 254.3 277.2
246. 8' 272.11 289.8 312.7
197.4
179.1 209.4 196.8
88.0 102.6
83.9
67. S

14
15

101.0
29.0

109.9
29.4

116.8
25.6

133.1
29.3

154.5
27.0

162.7,
24.7

173.4
27.3

188.7
28.1

1
2
3
4
5
6

Total financial assets
Demand deposits and currency. . .
Time deposits.
Credit market instruments
Trade credit
'
...
Miscellaneous assets
..

Trade debt
Other liabilities

214



198^3
213.8
145.8
56.5

208.6
33.1;

228.3
39.2:

237.1
39.3

259.1
49.8

46.2 Flow of funds accounts, 1965-76—Continued
D, Sector statements of financial assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars
Category

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Farm business
1
2
3
4
5

Total financial assets
Demand deposits and currency. . .
Miscellaneous assets
Insurance receivables
Equity in sponsored agencies 2 .

6 Total liabilities. . .
7
Credit market instruments
8
Mortgages. . .
9
Bank loans n.e.c.
10
Other loans
11
U.S. Government
12
FICH
13
Trade debt

8.5
6.0
2.5
2.2
.3

8.7
6.0
2.7
2.3
.4

9.1
6.1
3.0
2.6
.4

9.6
6.3
3.3
2.8
.5

10.2
6.4
3.8
3.2
.6

10.8
6.5
4.3
3.6
.6

11.5
6.6
4.8
4.1
.7

12.4
6.9
5.5
4.7
.8

13.3
7,1
6.2
5.2
.9

13.8
6.9
6.9
5.8
1.1

14.8
7.0
7.8
6.4
1.4

16.0
7.1
8.9
7.2
1.6

37.7
32.3
21.2
7.7
3.5
.9
2.5
5.4

41 3
35.5
23.1
8.6
3.9
.9
2.9
5.8

44.4
38.8
25.0
9.3
4.5
1,1
3.4
5.6

46.2
41.6
27.2
9.7
4.7
1.0
3.7
4.6

48.8
44.6
29.0
10.3
5.3
1.0
4.3
4.2

50.8
46.9
29.8
11.2
5.9
1.0
5.0
3.8

55.4
51.4
32.2
12.5
6.7
1.0
5.7
4.0

61.8
57.2
35.8
14.3
7.1
1.1
6.1
4.5

71.9
67.2
41.3
17,3
8.6
1.4
7.2
4.7

79.9
75.1
46.3
18.2
10.5
1.7
8.8
4.9

89.0
83.8
50.9
20.2
12.8
2.8
10.0
5.2

100.4
94,9
57.1
23.3
14.5
3.2
11.3
5.5

Nonfarm noncorporate business
1
2
3
4
5
6

Total financial assets
Demand deposits and currency, . ,
Consumer credit
Miscellaneous assets
Insurance receivables
. . . .
Equity n sponsored agencies 2 .

7 Total liabilities. . . .
8
Credit market instruments.
9
Mortgages. . . .
10
Homu
11
Multifamily
12
Commercial
13
Bank loins n.e c
14
Other loans
15
Trade debt, net.
16
Trade dobt. . . .
17
Trade credit .

24.0
12.5
7 4
4.1
4.0
.1

24.7
12.5
7.8
4.4
4.3

25.4
12.5
8.0
4.8
4.7
.1

26.2
12.5
8.4
5.3
5.2
.1

27.2
12.5
8.7
6.0
5.8
.2

28.5
12.5
9.3
6.7
6.5
.2

29.8
12.5
9.8
7.5
7.3
.2

31.2
12.5
10.3
8.5
8.3
.2

33.2
12.5
11.2
9.5
9.2
.2

34.9
12.5
11.9
10.5
10.2

37.0
12.5
12.8
11.7
11.5
.3

39.7
12.5
13.9
13.2
12.9
.4

44.5
47.0
27.9
1.9
21.8
4.2
6.6
12.4
-2.5
11.2
13.7

47.8
52.5
30.4
1.5
24.2
4.7
8.0
14.1
-4.7
9.6
14.3

52.2
57.3
34.0
2.0
27.0
5.0
8.5
14.7
-5.1
9.8
15.0

57.5
62.5
37.1
2.1
29.4
5.6
9.7
15.8
-49
9.0
14.0

65.9
69.8
40.8
1.9
32.9
6.0
11.8
17.2
-3.9
10.7
14.6

73.8
76.6
47.3
2.0
38.7
6.6
11.2
18.2
-2.8
10.7
13.5

83.7
88.3
57.0
2.8
46.7
7.5
11.9
19.5
-4.6
9.4
14.0

98.5
102.4
68.9
3.3
56,6
9.0
13.0
20.5
-4.0
11.2
15.1

111.9
116.1
78.3
3.1
64.5
10.8
14.1
23.7
-4.2
12.4
16.6

120.6
123.5
84.9
2.7
70.0
12.2
13.1
25.5
-2.9
15.7
18,6

125.3
125.6
86.9
3.5
70.1
13.3
11.1
27.7
-.3
20.3
20.6

131.8
130.6
90.3
4.7
71.3
14.4
8.0
32.3
1.2
23.6
22.4

Nonfmancial corporate business
1
2
3
4
5
6
7
8

258.8
Total financial assets
67.8
Liquid assets. . . .
Demand deposits and currency. 38.1
9.0
Time deposits.
8.8
U.S. Govt. securities
4.6
State and local obligations
6.7
Commercial paper
.
...
.6
Security Rp's.

270.1
64.1
37.4
8.6
7.1
3.6
6.5
.9

288.5
68.8
39.8
9.7
4.6
3.3
10.7
.7

319.6
76.7
42.5
9.1
5.4
3.8
14.8
1.1

350.9
78.9
43.0
3.7
7.3
2.8
18.9
3.3

369.5
81.2
43.9
5.3
9.5
2.2
20.0
.2

400.9
89.0
45.5
9.5
12.0
3.2
17.7
1.1

441.0
98.0
46.9
15.5
9.5
4.2
19.2
2.7

488.5
104.6
47.3
16.6
5.7
4.0
25.7
5.3

524.9
106.7
44.7
20.5
9.2
4.7
25.1
2.5

566.6
124.5
47.5
22.4
14,7
4,5
30.8
4.7

632.0
144.1
52.0
24.4
24.2
3.4
33.0
7.0

9
10
11
12
13
14
15

13.0
Consumer credit
121.2
Trade crediit
56.9
Miscellaneous assets. .
Foreign direct investment 3. ... 49.3
.8
Foreign currencies
6.8
Insurance receivables
.1
Equity in sponsored agencies . . .

13.5
133.2
59.3
51.0
.9
7.3
.1

13.9
141.4
64.5
55.3
1.1
8.0
.1

14.1
159.8
68.9
58.4
1.6
8.8
.2

14.6
182.3
75.0
63.5
1.3
9.9
.2

15.6
190.5
82.2
70.1
.9
10.8
.3

15.8
205.3
90.8
76.2
2.3
11.9
.4

16.7
226.8
99.6
81.4
4.1
13.7
.4

17.4
252.2
114.3
91.6
6.7
15.7
.4

18.1
275.1
125.0
100.3
6.5
17.8
.4

18.4
281.7
142.2
114.4
7.3
20.0
.4

19.5
308.8
159.6
127.1
9.5
22.5
.5

350.1
223.0

385.4
247.2

416.0
274.1

468.1
305.4

521.6
340.4

561.7
375.3

609.6
408.3

97.8
54.3
1.9
14.5
37.9
60.4
.8
.4
7.6
1.7

108.0 "\T1.1
63.2
58.7
1.5
2.0
15.2
16.1
45.2
41.9
75.1
68.8
3.0
1.6
.5
.7
7.2
7.5
2.2
2.0

135.6
69.3

50.1
84.9
4.2
.8
9.0
1.7

147.6
74.6
1.9
18.6
54.2
96.7
5.4
1.1
13.3
1.8

i67.3
81.2
2.0
19.8
59.5
102.0
7.1
1.5
14.0
2.1

186 i l
92.2
2.8
21.8
67.6
105.7
6.2
1.8
14.6
1.6

671.6
455.4
.6
198.3
109.2
3.3
24.6
81.3
118.5
7.0
1.8
18.2
1.8

761.2
520.0
2.4
207.5
127.3
3.1
26.9
97.3
147.7
8.4
2.4
22.3
2.1

863.5
598.0
4.1
227.1
140.9
2.7
28.3
109.8
178.0
12.5
3.6
28.1
3.7

897.7
626.3
6.7
254.3
152.1
3,5
28.8
119.8
165.6
9.6
3.8
30.3
3.9

975.8
673.6
9.2
277.2
165.4
4.7
31.2
129.5
166.2
11. 0
5.1
35.5
4.1

20.2
98.1
8.8

20.4
108.7
9.1

15.6
116.3
9.9

18.5
133.4
10.8

15.2
154.2
11.8

11.5
161.7
13.3

13.3
174.0
13.9

13.3
188.1
14.9

15.6
208.1
17.5

16.6
226.3
22.6

13.4
232.2
25.9

20.2
252.4
29.7

23.0

24.4

25.1

26.4

28.1

28.7

31.3

38.7

44.1

48.8

49.5

56.4

174.4
48.7
166.9

192.7
54.5
183.6

214.0
60.2
192.1

236.7
68.6
220.6

258,9
81.4
250.8

287.4
87.9
261.1

317.9
90.4
277.8

352.2
103.2
304.6

393.2
126.9
350.5

440.6
157.5
400.3

475.9
150.4
396.0

513.5
160.1
432.7

16 Total liabilities. . . .
17
Credit market instruments
18
Tax-exempt bonds 4
19
Corporate bonds 3
20
Mortgages. .
21
Home
22
Multifamily,,
23
Commercial
24
Bank loans n.e c
25
Commercial paper
26
Acceptances, ,
. .
27
Finance company loans
28
U.S. Govt. loans
29
30
31

Profit taxes payable
Trade debt. . . . .
Miscellaneous liabilities

32 MEMO: Net trade credit
Debt subtotals: 5
33 Long-term debt
34 Short-term debt
35 Total short-term liabilities




nil

215

46.2 Flow of funds accounts, 1965-76—Continued
D. Sector statements of financial assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars

1965

Category

1966

1967

1968

1969

1970

1971

1972

1973

!

1974

1975

1976

123.3
14.4
48.1
53,7
36.8
28.3
8.5
4.1
12,8
7.1

139,2
13,1
50.2
67.0
47.6
35.7
11.9
5.6
13.7
8.9

State and local governments—General funds

50,1
12.1
12.2
23.7
18.9
18.0
.9
2.2
2.7
2.0

54.3
13.0
13.5
25.6
20.6
20.5
.2
2.1
2.9
2.3

106.7
11 Total liabilities
12
Credit market instruments. . . . . 103.1
13
State and local obligations
100.3
14
Short-term
5.5
15
Other.
94.8
16
U S Government loans
2.8
17
Trade debt
3.7

113.5
109.3
105.9
6.2
99 . 8
3.4
4.2

1
2
3
4
5
6
7
8
9
10

Total financial assets
Demand deposits and currency. . .
Time deposits
Credit market instruments
U.S. Government securities. . . .
Treasury issues
Agency issues
State and local obligations , .
Mortgages
Taxes receivable

58.0
14.1
15.9
25.5
20.3
19.7
.7
2.1
3.0
2.5 !
122.1
117.3
113.7
8,0
105.7
3.6
4.8

63,5
13.9
19.1
27.3
21.9
19.2 j
2.7 1
2.2
3,2 i
3.2

64.6
71,9
15.3
12.5
13,2
23.2
32.5
32.5
26.7
25.5
22.2
23.2
4.4
2.3
2.2 ;
2.4
3.7
4.6
3.5 !
3.7

132.6 i 143.7 1 155.6
127.2 137.9 = 149,2
123.2 133.1 144.4
8.1
10.9
13.3
115.1 122.2 131.1
4.0
4.7
4.8
5.8
6.4
5.4

78.2
13.5 ;
30.4
30.1
22.3
21.8
,5
2J
5.6
4.2
174.0
166.9
161.7
15.7
146.0
5.2
7.1

95.2
15.2
37.2
37.9
29.0
26.0
3.1
1.8
7.0
5.0

110.6
14,9
44 A
45.6
34.8
27.4
7.5
2.1
8.7
5.8

120.4
14.2
50 J
49,6
35,8
25,5
10.3
2.6
11,2
6.5

189.0
181.4
175.9
15.8
160.1
i
5.5
'
7.6

202.1
193.7
188.8
16.1
172.7
4.9
8.4

220.1
209.9
204.3
IB.8
185 5
5 6
10 2

233.3
221.0
215.2
17.1
198.?.
5.8
12 2

248.8
235,7
227,8
13.5
214.4
7.8
13.1

200.2
47.3
11,0
13.2

224.9
47.0
13.9
20.2

246.6
47.0
14.0
20.9

28S , 5
4<» . 5
1.S.8
19.0

31.4
94,2
7J* , 1
4.9
11. 1

i
!
'
';

1

Rest of the world
1 Total financial assets
2
Gold and SDR's
3
U.S. demand deposits
4
U S time deposits
5
6
7
8
9

.

..

U.S. corporate equities
Credit market instruments .
U.S. Govt. securities.
U.S. corporate bonds"
Acceptances

89.6
30.0
5.0
6.4

98.0
29.5
5.3
7.7

107.9
30.0
5.9
7.4

115.6
29.2
6.2
8.8

125.2
32.8
6.7
7.1

153.7
36.8
6.5
7.5

14.6
15.9
13.3
.7
2.0

12.6
14.3
10.8
1.3
2.2

15.5
16.1
12.9
.9
2.2

19.6
16.1
12.4
.9
2.8

18.1
14.7
10 4
.4
3.8

18.7
25.7
19.7
1.7
4.3

21.4
52.5
46.0
2.3
4.1

27.8 .
61.3
54.4
2.8
4.1

24.8
61.9
54.7
2.8
4.4

17.7
70.4
SBA
1.0
11.0

26.7
77.5
66.5
2.5
8.4

.2
1.0

.2
1.4

.3
1.8

.6
2.7

4
4.4

.3
5.8

.3
5.9

.4
7.3

.3
8.3

.3
9.9

11.6

"is'.4*

185.0
43.4
8.1
10.3

A

10
11

Security credit
Trade credit .

12
13
14

Miscellaneous assets
Direct investment in U.S
U.S. bank liabilities to foreign
affiliates
Other

16.2
8.8

19.8
9.1

21.8
9.9

25.6
10.8

33.9
11.8

28.1
13.3

22.9
13.9

26.4
14.9

33.4
17.5

45.4
22.6

48.5
25.9

63.1
29.7

4.7
2,8

7 6
3.1

8.3
3.6

10.6
4.2

18.6
3.5

11.6
3.2

7.6
1.4

8.5
3.1

9.6
6.3

14.1
8.6

13.0
9.6

16.1
17,3

16 Total liabilities
17
U.S, official foreign exchange and
net IM F position

101.4

107.2

1.6

1.6

15

..

88.0
29.4
4,6
6.1

125.9

134.6

141.6

153.7

167.4

189.2

223.3

261 , 9

2.8

4.8

5.1

2.6

.9

.7

.6

1.9

2.3

4,8

68.4
17.8
13.1
37.6

81.6
19.6
17.8 i
44.3

94.5
25 ..6
21 5
47.4

114. S
33.9
28.2
52.6

.2
.3
12,1 ! 13,5
127.5 151,3

"is'.4'

3,4
4,1
2.8
14,3
20.4
15.6
91.6 100.3 114.4
2.3 i
8.1 1 12.3

5.2
29.3
127.1
15.1

116.1

18
19
20
21

Credit market instruments. . . . . . .
Corporate and foreign bonds. . .
Bank loan n.e.c
Other loans

38.9
10.2
7,2
21.5

39.9
10.5
7.1
22.3

42.8
10.8 '
6.8
25.3

45.3
11.7
6.3
27.3

47.5
11.7
6.1
29.7

51.9
14.4
5.7
31.7

57.1
15.9
7.3
33.9

62.3
17.1
10.3
34.9

22
23
24
25

Security debt
Trade debt
Miscellaneous liabilities
U.S. Government equity in
IBRD etc
Foreign currencies held in U .S..
U.S. direct investment abroad 6 .
Other . . .

.1
2.7
58.1

.1
3.0
62.5

.3
3.5
66.7

.5
3.9
71.3

.3
5.2
76.5

.3
6.2
80.7

.3
6.7
88.8

.2
.4
7.2 )
9.0
96.9 110.9

1.3
4.3
49.3
3.3

1.3
4.0
51.0
6.2

1.4
4.1
55.3
6.0

1.5
4.6
58.4
6.8

1.7
4.2
63.5
7.0

1.9
4.7
70.1
4.0

2.2
6.1
76.2
4.2

2.5
9.5
81.4
3.6

26
27
28

216



311.8

176.8

46.2 Flow of funds accounts, 1965-76—Continued
D. Sector statements of financial assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars

1965

Category

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

147.1

U.S. Government
1
2

Total financial assets
Gold, SI )R's, and official foreign
exchange . . . .
3
Demand deposits and currency
4
Time deposits
..
5
Credit market instruments
6
Sponsored agency issues. . . .
7
Mortgages
8
Other loans
9
To rest of the world . .
10
To others
11
Taxes receivable
12
Trade credit
13
Miscellaneous assets
14 Total liabilities
15
Treasury currency
16
17
18
19
20
21
22
23
24
25

and

SDR

Credit market instruments
Savings bonds
Treasury issues
Budget agency issues
Loan participations
Residential mortgages
Trade debt
Life insurance reserves
Retirement fund reserves. .
Miscellaneous liabilities

71.0

74.8

77.6

84.6

88.1

89.1

93.2

94.5

99.5

105.7

123.2

1.1
6.9
.3
37.9
*
5.9
32.0
19.0
13.0
17.0
3.1

.9
6.8
.2
42.4
1.4
6.8
34.3
19.8
14.5
15.7
4.4

1.3
8.3
.3
47.1
1.3
7.8
38.0
22.3
15.7
10.5
5.8

3.3
6.6
.4
52.0
1.4
9.3
41.3
24.4
16.9
11.8
6.4

4.7
7.7
.2
55.1
.1
10.2
44.7
26.5
18.2
8.8
7.3

3.6
10.2
.5
57.8
*
10.5
47.2
27.8
19.5
6,2
6.6

2.1
13.5
.5
59.9
*
10.2
49.7
29.6
20.1
7.8
4.9

2.6
13.3
.6
62
1
9.5
52.9
31.7
21.2
7.0
4.0
4.4

2.9
12.6
.4
65.5
*
8.9
56.6
33.4
23.2
8.3
4.3
5.4

4.3
8.3
.5
73.1
2.5
10.3
60.3
32.8
27.4
8.9
5.2
5.5

4.6
11.2
.6
88.2
7.0
13.5
67.7
35.7
32.0
6.2
6.4
6.1

296.7

303,4

319.3

334.9

332.4

346.2

373.8

392.5

403.6

419.9

511.1

581.3

3.1
262.4
49,7
208.2
. .2
2.4
1.8
3.9

4.0
266.1
50.2
210.0
.3
3.7
1.8
4.5

4.6
279.1
51.2
217.9
,5
7.7
1.7
5.1

5.1
292.6
51.9
227.8
1.9
9.4
1.7
5.1

5.3
289.0
51.8
226.6
1.6
7.5
1.6
4.8

6.0
300.8
52.1
239.2
1,9
6,2
1.5
4.2

6.4
325.7
54.4
262.8
2.7
4.3
1.4
3.5

340.8
57.7
273.9
4.5
3.4
1.3
3.4

19.7
.6

21.0
.8

22.3
1.0

23.6
1.2

25.1
.9

27.5
.3

30.4
.3

33.4
.3

349.1
60.4
279.1
5.3
3.1
1.3
3.5
7.8
35.5
.3

360.8
63.3
288,1
5.4
2.8
1.2
3.5
7.9
38.2
1.7

446.3
67.4
369.9
5.1
2.7
1.1
5.1
8.0
41.9
1.2

9.9
515.8
72.0
434.4
5.7
2.7
1.0
10.3
8.2
46.4
,7

7.0 '
15.1
.7
97.2
10.8
10.5
76.0
39.0
37.0
13.0
7.0
7.1

Federally sponsored credit agencies and mortgage pools
Sponsored credit agencies:

7

1 Total financial assets.
2
Demand deposits and currency. . .

18,8

23.8
.2

23,7
.2

27.0
.2

36.1

46.5
.2

47.2
.2

51,1
.2

69.9
.3

87.9
.3

93.0
.3

97.7
.2

3
4
5

Credit market instruments
Liquid assets
U.S. Government securities. .

18.3
1.9
1.9

23,3
2.9
2.9

44.9
4.2
3.2

45.3
3.1
2.7

Federal funds and Rp's ,
Housing credit
Residential mortgages
FHLB loans to savings and
loan associations
Loans to agriculture
Farm mortgages
.
...
Loans to co-ops (BC)
Loans to farmers (FICB) . . . .
Miscellaneous assets

8.5
2.5

9.9
5.5

26.5
2.7
2.7
*
12.4
7.2

35.3
2.3
2.1

7
8
9
10

23.4
2.9
2.8
*
11.3
4.4

.2
20.2
11.0

1.0
26.5
15.9

.4
26.7
18.8

49.7
2.7
1.5
.4
.8
29.6
21.6

67.5
4.7
1.5
.2
3.0
42.0
26.9

87.3
5.1
1,9
1,1
2.1
56.4
34.6

91.5
6.3
3.4
1.2
1.8
55.2
37.4

96.5
8.1
4.8
1.2
2.1
53.6
37.8

6.0
7.9
4.3
1,1
2.5
.3

6,9
9,2
5.0
1.3
2.9
.3

4.4
10.5
5.6
1.5
3.4
.3

5.3
11.4
6.1
1.6
3.7
.3

9.3
12.7
6.7
1.7
4.3
.6

10.6
14.2
7.2
2.0
5.0
1.4

7.9
15.6
7.9
2.0
5.7
1.6

8.0
17.5
9.1
2.3
6.1
1.2

15.1
20.7
10.9
2.6
7.2
2.1

21.8
25.9
13.5
3.6
8.8
.3

17.8
30.0
16.0
4.0
10.0
1.2

15.9
34.8
18.5
4.9
11.3
1.0

18.0
14.2
13.8

23.0
19,0
18.9
.1
4.0
1.0
2.3
.6

22.8
18.4
18.4

26.1
21.9
21.6
.3
4.2
1.4
2.2
.6

35.2
30.6
30.6

45.5
38.9
38.9

46.1
40.0
40.0

49.9
43.5
43.5

68.4
59.8
59.8

4.5
1.0
2.4
1.1

6.6
2.3
2.7
1.6

6.1
1,8
2.8
1.5

6.4
1.5
3.1
1.7

8.6
1.7
3.7
3.1

86.0
77.1
76.4
.7
8.8
2.4
4.4
2.0

90.8
80.3
78.8
1.6
10.5
2.7
4.8
3.0

95.2
83.3
82.1
1.2
11.9
3.9
5.3
2.7

2.5
1.4

4.8
3.0
.1
1.7

9.5
7.3
.1
2.1

14.4
11.6
.4
2.4

18.0
14.8
.6
2.7

23.8
20.1
.8
2.9

34.1
30.0
1,3
2.8

49.8
44.5
1.9
3.4

11
12
13
14
15

16 Total liabilities
17
Credit market instruments.
18
Sponsored agency issues.
20
21
22
23

. ..

Miscellaneous liabilities
Deposits at FHLB's
Capital subscriptions
Other

3!8
1.0
2.0
.7

4.4
1.4
2.4
.6

Federally sponsored mortgage pools:7
24 Total mortgage holdings
25
Home moitgages
26
Multifamily mortgages.
27
Farm mortgages
....

.9
,2
*
.7

1.3
,5
.9

2.0
1.0
*
1.0

1.1

3.2
1.8
*
1.4

28 Total pool securities

.9

1.3

2.0

2.5

3.2

4.8

9.5

14.4

18.0

23,8

34.1

49.8

19.1
1.9
8.7
8.6

24.7
2.9
11.8
10.0

25.3
2.9
10.9
11.6

29.1
2.7
13.8
12.5

38.5
2.3
22.1
14.1

49.6
4.2
29:6
15.9

54.9
3.1
34.1
17.7

64.1
2.7
41.5
19.9

85.5
4.7
57.4
23.4

111.1
5.1
77.3
28.8

125.7
6.3
86.5
32.8

146.3
8.1
100.1
38.1

14.7

20.2

20.3

24.1

33.8

43.6

49.5

57,9

77.9

100.2

112.9

131.9

29
30
31
32

MEMO ITEMS : Total for agencies and
pools:
Credit market instruments
Liquid assets
Housing credit
Loans to agriculture

33 Debt securities outstanding. ,




217

46.2 Flow of funds accounts, 1965-76—Continued

D. Sector statements of financial assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars
I1

Category

1966

1965

1967

1968

1969

1970

1971

1972

1973 J 1974

!'
:

1975

1976

Monetary authorities
Total financial assets . .
Gold and foreign exchange 8
Treasury currency and SDR
certificates
4
Federal Reserve float
5
Federal Reserve loans to domestic banks
6
Credit market instruments
7
U S Govt securities
8
Treasury issues . .
9
Agency issues
10
Acceptances
..
11
Bank loans n.e c
12
Miscellaneous assets

63.5
14.3

68.0
14.0

72.8
13.5

76.7
12.4

80.7
12.3

86.1
10.9

94.6
10.1

97,6
10.5

106.9
11.5

113.4
11.6

124.6
11.7

134.5
11.7

5.4
2.2
.1

6.2
2.5
.2

6.6
2.5
.1

6.8
3.5
.2

6.8

7.5
.3

8.0
*

8.7

.2

9.1
3.1
1,3

9.7
2.0
.3

10.6
3.7
•2

12.0
2.6

41.0
40.8
40.8

44.5
44.3
44.3
*
,2

49.3
49.2
49.1
*
.2

53.0
52.9
52.9

.1

.1

71.3
71.2
69.9
1.3
.1

80.6
80.5
78.5

.1

71.1
70.8
70.2
.6
.3

86.7
85.7
80.5
5.2
1.0

95.3
94.1
87.9
6.2
1.1

105.1
104.1
97.0
7.1
1.0

.7

.7

.9

.8

.9

1.1

l.l

1.4

13 Total liabilities
14
Member bank reserves
.
15
Vault cash of commercial banks. .
16
Demand deposits and currency. . .
17
Due to U.S. Government
18
Due to rest of the world
19
Currency outside banks
20
Miscellaneous liabilities

63,5
18.4
4.9
38.8
1.4
.2
37.2
1.4

72.8
21.1
5.9
44.1
2.5
4
41^2
1.6

76.7
21.9
7.2
45.6
1.4
.5
43.8
2.0

80.7
22.1
7.3
48.9
2.0
.4
46.6
2,4

86.1
24.2
7.0
52.0
1.6
.3
50.0
2.9

94.6
27.8
7.5
56.4
2.5
.5
53.4
2.9

97.6
25.6
8.7
60.4
2.2
.4
57.9
2.9

106.9
27.1
10.7
65.0
2.9

1
2
3

21

Net worth

.2
*
,5
1

68.0
19.8
5.5
41.2
1;«
39^2
1.5

57.2 1
57.2
57.2

62.2
62.1
62.1

2.0

;

2.0

.1

6L8
4.2

3.2

3 0

113,4
124.6
25.8
26 . 1
11.7
12.3
71.9
82.5
3.3
7.8
.5 .
.5
68.1
74.3
4.0
3.8

3,2

1

134. S
25.2
12,1
93.1
10.9
.6
81.6
4.1

..
t

1

:

J

Commercial banking «

310^6
301.2
66.0
60.2
5.8

363.9
.2
327.6
317.5
62.9
56.8
6.1

404.8
.2
365.0
353.4
72.4
63.3
9.1

450.8
.2
405.1
392.1
75.7
65.3
10.4

472.3
.3
422.4
410.4
65.7
55.6
10.1

518.6 578.8
.4
.5
459.0 510.3
445.5 ! 496.0
76.4
83.6
65.6
62.5
17.9
13.9

657.9
.7
585.6
566.5
90.0
68.0
22.0

763.2
1.0
669.0
653.1
88.8
59.2
29.6

850.5
.8
731.5
717.8
89.8
56 6
33 2

884.2
.9
760.9
745.4
119.9
85.4
34.5

966 . 0
.7
826 . 3
803.3
139.6
103.6
36.0

89.6
38.8
1.1
49.7

96.7
41.2
1.2
54.4

111.2
50.3
1.9
58.9

126.6
58.9
2.2
65.5

131.7
59.5
1.7
70.5

145.4

169.0
82. 8
3.7
82.5

194.6
90.0
5.3
99.3

220.5
95.7
5.7
119.1

240 1
101 2
6.8
132.1

247.9
102.8
8.6
136.5

265 . 1
105.9
8.0
151.2

145.6
35.7
106.2
2.7
1.1
.2
9.3

157.9
38.3
115.9
3.7

169.8
40.8
123.2
5.8

189.8
46.3
138.1
5.4

213.0
51.0
155.4
6.7

243 .4
61.3
173.7
8.5

281.9
72.1
201.5
8.3

343.8
83.7
253.1
7.0

388.0
87.3
291.5
9.2

377.6
90 2
277.0
10.3

39S.6
101.7
283. 0
14,0

.2
9.9

.3
11.3

.4
12.7

.4
11.5

223.6
53.9
161.6
8.2
e

n!o

.5
13.8

.6
18.5

9
15.1

9.
12.7

.9
14.6

1.2
21.7

4.9
18.4
1.0
8.6

5.5
19.8
1.1
9.7

5.9
21.1
2.0
10.5

7.2
21.9
2.8
13.7

7.3
22.1
4.5
15.7

7.0
24.2
6.3
21.8

7.5
27.8
9.6
23.1

8,7
25.6
11.9
25.4

10.7
27.1
23.0
32.5

11.7
25.8
33.0
47.7

12.3
26.1
26.9
57.1

12.1
25.2
3:1.8
69 . 8

320.2
148.7
5.5
143.1

339.1
150.4
5.0
145.4

378.4
162.5
5.2
157.3

422.6
175.8
5.0
170.8

442.8
180.5
5.1
175.4

487.4
189,8
7.9
181.8

545.2
202.9
10.2
192.7

621.3
223.7
10.9
212.8

722.5
236.9
9.9
227.1

806.2
237.0
4.8
232,2

837.0
242.5
3.1
239 . 3

912.9
254.5
.J.O
251,4

27
28
29
30

147.7
Time deposits
16.3
Large negotiable CD's
Other at commercial banks. . . . 130.9
At foreign banking agencies
.5

159.8
15.7
143.6
.5

183.7
20.3
162.8
.6

204.5
23.5
180.2
.8

195.1
10.9
183.2
1.0

233.1
26.1
205.6
1.4

274.5 316.8
44.5
34.8
238.0 ! 271 .1
1.7
1.2

367.7
64.5
301,4
1.8

425.5
93.0
330.5
2.0

455.6
82.9
370.2
2.5

496. 1
65.4
423. B
1.9

31
32

2.2

2.5

2.5

3.5

3.4

4.3

4.0

3.1

2.0

3.7

2.6

33
34
35
36
37

Federal Reserve float.
Borrowing at Federal Reserve
Banks. . . .
Other interbank claims
Credit market debt
Corporate bonds
Open market paper.
Federal funds and Rp's

.1
1.0
2.2
1.6

.2
1.1
2.6
1.7

.1
2.0
2.6
2.0

.2
2.8
3.5
2.2

.3
6.3
6.1

.6

.9

.7

1.2

.2
4.5
10.2
2.0
4.3
3.8

2.0
11.9
11.9
4.1
2.6
5.1

1.3
23.0
21.0
4.1
4.9
12.0

.3
33.0
22.4
4.3
8.3 1
9.8 !

2
26,9
23,4
4,5
8,7
10.2

38
39
40
41

Profit taxes payable . .
Miscellaneous liabilities
Liabilities to foreign affiliates. .
Other

.7
17.6
4.7
12.9

.7
21.8
7.6
14.2

.6
24.2
8.3
15.9

.5
31.9
10.6
21.3

.6
48.3
18.6
29.7

1.0
46.5
11.6 i
34.9 i

50l3
8.5
41.9

.8
68.6
9.6
59.1

9
85.1
14.1
70.9 j

.6
84 1
13,0
71,1

1
2
3
4
5
6
7
8

Total financial assets
Demand deposits and currency. . .
Total bank credit .
Credit market instruments
U.S. Government securities. .
Treasury issues .
. .
Agency issues
Other securities and mortgages
9
State and local obligations.
10
Corporate bonds, ,
11
Mortgages
..
12
Other credit excluding security.
..
13
Consumer credit
14
Bank loans n.c.e
15
Open market paper
16
Hypothecated deposits
17
Corporate equities
18
Security credit
19
20
21
22

Vault cash
Member bank reserves
Other interbank claims
Miscellaneous assets. .

23 Total liabilities
24
Demand deposits net
25
U.S. Government
26
Other

218



343.7

10

2'.l
72.8

i:J
1.6

4.3
*
9.6
7.6
3.0 1
2.0
2.6
.9
45.4
7.6
37.8

3K8
28.4

?:§

15.4

.6
98.8
16.1
£2.7

46.2 Flow of funds accounts, 1965-76—Continued
D. Sector statements of financial assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars
Category

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Commercial banks
Total financial assets
Total bank credit
Credit market instruments
U.S. Government securities. .
Treasury issues
Agency issues
Other securities and mortgages
8
State and local obligations.
9
Corporate bonds
10
Mortgages
11
Other credit excluding security
12
Consumer credit
13
Bank loans n.e.c
14
Optn market paper
15
Security credit
...
16
Interbank claims
17
Vault cash and member bank reserves
18
Deposits at foreign banking
agencies
19
Miscellaneous assets
...

336.4
307.1
298.6
65.3
59.5
5.8

355.7
323.4
314.4
62.3
56.2
6.1

395.5
360.2
349.7
71.6
62.5
9.1

439.1
399.8
388.0
74.9
64.5
10.4

453.1
411.5
400.8
64.8
54.7
10.1

491 1
446.1
434.0
75.7
61.7
13.9

549.3
497.2
484.2
82.9
64.9
17.9

627.4
570.6
553.0
88.8
67.0
21.8

721.1
648.5
633.9
87.5
58.3
29.3

796,3
704,8
692.6
88.7
55.9
32.8

832.8
736.0
721.8
119.0
84.6
34.4

909.6
800.7
779.4
138.4
102.5
35.8

89.1
38.7
I .1
49.3

96.1
41.0
1.1
53.9

110.3
50.0
1.9
58.4

125.7
58.6
2.1
65.0

130.6
59.2
1.6
69.8

144.0
69.6
2.4
72.0

167.6 192.9
82.4
89.5
3.6 1
5.0
81.6
98.4

218.5
95.1
5.3
118.0

237.3 244.9
100.4 102.0
6.4 1
8.1
130.6 134.8

261.6
104.7
7.5
149.5

144.1
35.7
104.9
3.6
8.5
23.4

156.1
38.3
114.2
3.6
9.0
25.4

167.9
40.8
121.4
5.7
10.5
27.2

187.4
46.3
135.8
5.3
11.8
29.3

205.4
51.0
147.8
6.6
10.7
29.9

214.4
53.9
152.4
8.0
12.1
32.0

233.7
61.3
164.1
8.3
12.9
37.6

271.3
72.1
191.1
8.1
17.6
40.0

327,8
83.7
237.2
6.9
14,6
50.8

366.5
87.3
270.1
9.1
12.2
56.6

357.8
90.2
257.4
10.2
14.3
54.2

379.5
101.7
263.9
13.9
21.2
54.9

23.3
*
6.0

25.2

27.0

29.1

29.4

31,2

35.3

34.3

37.8

37.5

38.3

37.3

.1
6.8

.1
8.1

.1
10.0

.1
11.7

.3
13.0

.2
14.5

2.8
16.8

5.1
21.8

8.2
34.9

5,3
42,6

6.6
54.0

20 Total liabilities
21
Demand deposits net
22
U.S. Government
23
Other
24
Time deposits
25
Large negotiable CD's. . . .
26
Other
27
Corporate bonds
28
Security Rp's . . .
29
Profit taxes payable
30
Interbank liabilities

312 9
147.0
5.5
141.5
147.2
16.3
130.9
1.6
.6
.7
3.2
2.2

331.0
148.6
5.0
143.6
159.3
15.7
143.6
1.7
.9
7
3.5

369.1
160.6
5.2
155.3
183.1
20.3
162.8
2.0
.7
.6
4.4

410 9
172.7
5.0
167.7
203.7
23.5
180.2
2.2
1.2
.5
6.2

423.5
177.4
5.1
172.3
194.1
10.9
183.2
2.0
3.8
.6
7.7

459.8
182.5
7.9
174.6
231.7
26.1
205.6
2.1
1.6
1.0
10.2

515.8
195.5
10.2
185.3
272.8
34.8
238.0
3.0
2.6
.9
11.7

590.8
219.6
10.9
208.7
315.6
44.5
271.1
4.1
5.1
.7
12.2

680.4
232.5
9.9
222.6
365.9
64.5
301 .4
4.1
12.0
.8
14.3
3.1

752.0
231.4
4.8
226.6
423.5
93.0
330.5
4.3
9.8
.9
16.2
2.0

785.6
236.8
3.1
233.7
453 . 1
82.9
370.2
4.5
10.2
.6
15.0
3.7

856.5
247.5
3.0
244.5
494.2
65.4
428.8
5.2
15.4
,6
16.8
2.6

.1

.2

.1

.2

.2

.3

*

2.0

1.3

.3

,2

.7

.7

1.6

2.3

3.1

4.4

5.6

4.4

7.0

11.2

8.6

11.5

.6
.2
2.2
50.7
1.8
49.0

.7
*
2.0
66.0
4.0
62.0

.6

I'.Q
.6
29.3
.9
28.4

.4
.6
.8
33.5
1.4
32.1

1.9
65.4
4.1
61.3

.6*
2.2
76.7
6.2
70.6

4.5
4.3
.2
4.5
4.9

4.9
4.9
*
4.9
8.3

4.4
4.4
*
4.4
8.7

4.1
4.1
*
4.1
7.9

40.6
16.4
.5
.1
.4
15.3
.1
.9

45.6
16.4
.8

1
2
3
4
5
6
7

32
33
34
35
36
37
38
39

Borrowing at Federal Reserve
Banks
Demand deposits of foreign
banking agencies .
Time deposits of foreign banking agencies
Loans from affiliates
Loans from fgn. banking agencies
Miscellaneous liabilities
Liabilities to foreign branches. .
Other. . . .

.2
12.6
1.4
11.2

.2
16.2
4.0
12.2

.3
17.7
4.2
13.5

.2
24.3
6.0
18.3

.6
.4
37.9
12,8
25.1

\1
.5
30.8
5.7
25.1

Domestic affiliates of commercial banks
1 Total financial assets
2
Bank loans n.e.c
3
Loans to affiliate banks
4 Total liabilities
5
Commercial paper issues
6
Miscellaneous liabilities

4.5
3.9
.6
4.5
4.3
.2

3.6
3.0
.7
3.6
2.3
1.3

3.8
2.8
1.0
3.8
2.0
1.9

3.2
2.6
.6
3.2
2.6
.6

Edge Act corporations and agencies of foreign banks
1 Total financial assets
2
Credit market instruments
3
U.S. Government securities. . . .
4
State and local obligations
5
Corporate bonds
6
Bank loans n.e.c
7
Open market paper
8
Corporate equities. . .
9
Security credit . . .
10
Demand deposits at commercial
banks.
11
Time deposits at commercial
banks.
12
Loans to banks
13
Miscellaneous assets

5.9
2.0
.5
.1
#
1.3
.1
.2
.8

6.6
2.4
.5
,1
*
1.7
.1
.2
.9

7.4
2.8
.6
.2
*
1.8
.1
.3
.9

9.6
3.2
.6
.2
*
2.3
.1
.4
.9

11.5
4.5
.6
,2
#
3,6
.1
.4
.9

20.1
7.2
.5
.4
*
6.2

21.4
7.3
.3
.2
*
6.7

22.5
9.0
.6
.1
.3
7.8

32.4
12.9
.7
.2
.3
11.6

44.0
17.9
.7
,2
.4
16.5

'.5
.9

\5
.9

'.6
.9

'.9
.5

'.9
.5

.7

.7

1.6

2.3

3.1

4.4

5.6

4.4

7.0

11.2

8.6

11.5

.2
2.0

.2
2.2

.3
1.6

.2
2.7

.4
2.2

'.6
6.4

.4
.8
6.4

.6
2.2
8.5

.7
2.0
10.8

.6
1.9
12.0

.6
2.2
13.3

14 Total liabilities . . .
15
Demand deposits in money stock.
16
Time deposits
17
Deposits of banks
18
Loans from banks .
...
19
Miscellaneous liabilities
20
Due to foreign affiliates
21
Other. . . .

5.9
1.7
.5
*
.1
3.6
3.3
.4

6.6
1.8
.5
.1
.1
4.0
3.6
.4

7.4
2.0
.6
.1
.1
4.6
4.1
.5

9.6
3.1
.8
.1
.2
5.4
4.6
.8

11.5
3.1
1.0
.1
.3
6.9
5.7
1.1

21.4
7.4
1.7
.2
2.1
10.0
6.7
3.3

22.5
4.1
1.2
2.8
2.9
11.6
7.1
4.5

32.4
4.5
1.8
5.1
8.0
13.1
7.8
5.3

44.0
5.6
2,0
8.2
10.9
17.2
10.2
7.1

40.6
5.6
2.5
5.3
10.5
16.6
8.9
7.7

45.6
7.0
1.9
6.6
11.0
19.1
10.0
9.2




.1
6^7

20.1
7.3
1.4
'.4
10.7
6.0
4.7

'.4
15.0
.1
1.2
.5

219

46.2 Flow of funds accounts, 1965-76—Continued
D. Sector statements of financial assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars
Category

1965

1966

1967

1968

1969

1970 I 1971 " 1972

1973

1974

1975

1976

Banks in U.S. possessions
1
2
3
4
5
6
7
8
9

Total financial assets
Demand deposits and currency
Credit market instruments. . . .
U.S. Govt. securities
State and local obligations. .
Corporate bonds
Mortgages
• •.
Commercial mortgages
Miscellaneous assets

10 Total deposit liabilities

1.3

'.6
A
.1
*
3
1
.6
1.3

.7
.2'
2.1

5.2
1.0
2.0
.6
.4
.1
.7
.3
2.2

5.3
.8
2.5
.3
.6
.1
.8
,7
2,0

6.4
,9
2,9
.4
,7
.1
,8
,9
2,6

3!5
.5
1. 1
.2
.9
.8
2,5

4.3

4,8

5.2

5,3

6.4

6.7

!i
.1

3.3
.3
1.2i
.21
.2

3,8
,4
1.3
.3.2 :i

4.3
,5
1.6
.4
.2

:t.8

.4
.2
1.8

.6
.2!
2.1

1.9

2.2

3.3

3.8

1.9
.21
.9

:?*
.3
.1
•7'
1.6

4.8
.7
1.9
.6
.3
.1
.7
.2
2.1

2.2
.2
l.O 1
,2
2
,'l
,4
.1
1.0

1.6
.2

.1

.1:

A

Private nonbank financial institutions
1 Total financial assets
.. .
2
Demand deposits and currency. . .
3
Time and savings accounts.
4
Corporate equities
5
Credit market instruments. .
6
U.S. Treasury issues
7
U S auency issues
8
State and local obligations
9
Corporate and foreign bonds. . .
10
Mortgages
11
Consumer credit
...
12
Other loans
13
Security credit
14
Trade credit
15
Miscellaneous assets

588.4
11 .5
2.5
98.7
450.8
35.4
3.3
18.3
110.4
227.3
33.9
22.3
6.0
2.6
16.3

614.1
11.1
2.5
94.4
479.7
35.3
4.6
18.5
119.6
239.4
36.7
25.6
6.0
2.9
17.5

676.6
11.6

16 Total liabilities
17
Time and savings accounts.
18
Insurance and pension reserves. . .
19
Investment company shares
20
Credit market instruments
21
Corporate bonds
22
Mortgage loans in process
23
Other mortgages
24
Bank loans n c.c.
25
Open market paper
26
Money market fund shares
27
FHLB loans

538.1
172.0
233.9
35.2
42.4
13.5
2.2

565.2
179.0
246.8
34.8
45.0
13.6
1.3

624.1
195.7
272.3
44.7
43.9
14.0
2.3

12.3
8.5

ii.i

9.2
14.1

28
29
30

Security credit
Profit taxes payable
Miscellaneous liabilities

12.0

122^1
507.4
32.9
5.0
19.8
131.4
253.9
38.1
26.2
9.2
3.2
20.0

741.4
12.3
3.1
145.1
544.3
33.4
6.6
20.8
141.2
270.1
42.0
30.2
12.0
3.5;

21.1|
684.9
208.4
297.3
52.7
49.7
14.2
2.4
.2
10.7
16.9

Total

772.5
11.9
2.5
141.0
582.9
29.5
8.7
21.7
149.2
286.7
46.8
40.3
8.5
3.9
21.9

827.0
12.3
3.7
150.3
624.4
29.5
11.7
23.6
161.6
304.6
48.3
45.1
7.2
4.4
24.8

939.4 1,078.5 1,113.5 1,128.1 1,282,2 1,460,5
14.8
15.6
16.4
13.0
14.2
14.8
12.8
16.8
15.4
6.0
7.7!
7.5
195.5 244.6 201.9 146.4 196.2 236,6
685.0 764.2 841.5 902.7 996.6 1 , 1 2 5 , 7
25.4
20.7
25. 7'
22.1
34,8
51.3
29.9
21.2
25.4
39.2
44.9
15.9
37.4
27.6
32.2
35.8
43.0
50.3
175.2 187.4 199.3 216.5 242. 3 2"H.9
337.8 382.0 425,9 448. 9 480.0 527.8
73.9
53,3
60.0
68,7
79 . 3
H9 . 1
75.3
49 7
78.0
87.4
55.6
64.5
8.6,
O.2
7.6
9.8
13.5
9.1
7.7.
8.1
4.7
7.0
5.8
6.5
36.7
40.7;
45.2
25.6
28.5
32.1

718.9
216.4
311.3
48.3
62.8
15.2

12.5
23.0

772,5
233,5
335,0
47,6
68,0
17,8
3.1
.5
12.4
23.6

875.8 1,003.8 1,041.1 1,066.1 1,216.8 1,385.8
274.0 320.0 347.8 369.2 428.6 497.9
374.9 425.1 419.0 414.4 482 . 4 549 . 2
34.1
56.7
42.2
47.0
59.8
46.5
72.5
85. 6 106.6 120.9 120,3 U4.7
20.7
24.7
28.2
30.1
32.8
H.9
6.2:
4.7
5.0
5.1
6.8
2.0
2.4
1.2
1.5
33.6
14. '3
29.9;!
26.4
20.4
29.3
25. 1
27. S
28.1
28.9 |
M.9
23.9
2.4
3.6'
3.4
7.9
17.8
15 9
21.8
8.0,
15.1

2

:i

6.0

6.9

4.4

5.3

9.3

10.6

8.7
1 .1
44.7

9.6

12.7
1 .0
53.8

16.2
1.2
59.4

13.2
1 .3
65.7

72^8

48^9

6,7

14.2

11

15.3
1.5
81.0

19.4
1.7
92.2

16.0
1.8
103.2

12.9
1.9
112.8

15.5
2.1
125.8

24 0
2,7
140 4

435.8
2.6
7.5
3.7
405.3
26.1

496.3
3 3
12.3
4.4
457.0
37.5

570.0
2.8
11.6
4.4
528.7
47.1

2.7
1.7.5
357.8
275.9
39.3
42.5
.1
32.1
2.0
7.4
19.3

3.6
20.3
407.1
316.3
42.6
48.1

Savings institutions combined
252.8
2.9
1.9
2.5
236.6
16.5

273.5
2,9
3.0
2.8
254.0
17.7

317.2
2.8
5,6
3.5
294.7
21.2

369.3
3.0
7.4
4.5
342.9
25. 0 :

406.5
3.0
6.4
4.2
378.9
24.9

.3
8.1
208.6
167,5
21.6
19.4

.5
12.0
237.1
185.9
27.2
23.9

is!i

n'.i

8^9

184.7
150.3
17.8
16.6
.1
11.7
1.1
.7
9.0

.3
6.9
196.9
159.6
19.3
17.9
,1
13.7
1.1
1.2 1
8.8

1.2
5.0
10.6

1.0
14.2
274.7
213.6
32.0
29.1
.1
20.8
1.3
5.9
11.5

1.1
13.1
306.4
237.3
35.1
33.9
.1
24.4
1.7
7.3
14.0

;
1.4
14.0
325.7
251.7
36.7
37.2
.li
27.4
1.8|
8.8
16. 7:

206.5
195.7

220.8
208.4

233.3
216.4 ,

252.9
233.5

294.0
274.0

343.2
320.0

378.3
347.8

406.2
369.2

Total financial assets
,
Demand deposits and currency. . .
Time deposits
Corporate equities
. ...
Credit market instruments
U.S. Government securities. . . .
State and local government
securities
8
Corporate bonds
9
Mortgages
10
Home mortgages
11
Multifamily
12
Commercial
13
Farm
14
Consumer instalment credit. . . .
15
Consumer noninstalment credit.
16
Money market instruments. . . .
17
Miscellaneous assets

199.7
4.2
2,5
2.3
183.1
14.8

207.5
3,7
2.3
2.0
191.4
14.8

223.9
3.5
2.6
2.5
206.4
16.3

.3
2.9
155.5
128.6
14.4
12.4

.3
3.2
162.4
133.7
15.2
13.4

8^3
.9

9^3
.9

.2
5.3
172.8
141.6
16.4
14.7
.1
10.2
1.0

?'.7

8^0

18 Total liabilities
19
Savings accounts
20
Credit market instruments (savings and loan assns.). •
21
Profit taxes payable
22
Miscellaneous liabilities

183.7
172.0

191.0
179.0

1
2
3
4
5
6
7

220




8.7
.1
2.9

8.7
3^2

7.0
.1
3.7

239.0
3.1
2.5
2.4
222.0
16.9

6.6

8.2
.1
4.1

123
.1
4,6

1.1
3.0
10.8

14.1
.1
5.3

14.1
.2
5.8

16.0
.2
7.0i
:l

22.0
.2
8.2

38 J

10^3
22.6

464.1
428.6
;

28. 3
.3
8.4

26.1
.4
9.0

534.7
497.9
1

26.1
.6
10.1

46.2 Flow of funds accounts, 1965-76—Continued
D. Sector statements of financial assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars

1965

Category

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Savings and loan associations
1
2
3

Xotal financial Assets
Mortgages
Consumer credit

..

129.6
110,3
1.4

133.9
114.4
1.4

143.5
121.7
1,5

152.9
130.6
1.6

162.1
140.0
1.8

176.2
149.8
2.1

206.0
174.3
2.9

243.1
206.2
3.8

271.9
231.7
4.9

295.5
249.3
5.6

338.2
278.6
6.5

392.0
323.1
7.5

4
5
6

Other assets
Demand deposits and currency.
Time deposits

17.9
2.9

18.1
2.3
.1

20,4
2.0
.2

20.7
1.6
.2

20.3
1.4
.2

24.3
1.2
.6

28.8
.9
2.2

33.1
1.0
3.2

35.3
.8
2.5

40.7
.2
2.9

53.1
.7
7.4

61.3
*
6.4

7
8
9

U.S. Treasury issues
U S agoncy issues
State and local government securities
Open market paper
. .
Federal funds and Rp's
Miscellaneous assets

7.4
,8

7.7
.8

9.3
1.0

9,6
1,1

8.1
2.3

6.8
4.1

6.2
7.2

5.7
9.6

3.2
11.9

3.1
13.1

5.3
17.2

9.5
17.9

.1
,1

.1
.3

.1
1.8

2
2.8
.5
8.9

.2
3.3
.9
9.4

.2
2.8
2 2
11.6

.5
2.7
4.0
14.1

1.1
2.7
2.6
16.1

1.2
2.5
4.8
19.1

227.9
206.8
16.0
6.2
1.8
8.0
.2
4.9

254.8
227.0
22.0
4.7
2.2
15.1
.2
5.6

277.1
243.0
28.3
3.2
3.3
21.8
.3
5.5

318.5
285.7
26.1
5.1
3.1
17.8
4
6.2

370.0
336.0
26.1
6.8
3.4
15.9
.6
7.3

229.6

257.0

278.3

314.0

366.5

10
11
12

6.9

7,2

7.9

8.0

7.8

9.5

120.9
110.4
8.7
2.2
.5
6.0
.1
. ..
1.7

124,8
114.0
8.7
1.3
,5
6,9
.1
2.1

134,0
124.5
7.0
2.3
.4
4.4
.1
2.4

142.6
131.6
8.2
2.4
.5
5.3
.1
2.7

150.9
135.5
12.3
2.5
.5
9.3
.1
3.0

164.2
146.4
14.1
3.1
.4
10.6
3^6

192.4
174.2
14.1
5.0
1.1
7.9
.2
4.0

MEMO: Total credit market assets. . . 119.8

124.4

133.4

143.1

152.7

164.9

194.0

13 Total liabilities
14
Saving shares
15
Credit market instruments
16
Mortgage loans in process
17
Bank loans n e e
18
FHLB advances
19
Profit taxes payable
20
Miscellaneous liabilities
21

Mutual savings banks
1
2
3

Total financial assets
Demand deposits and currency. . .
Time deposits

59,1
.8
.2

61.5
.8
.2

67.2
.8
.2

71.6
.8
.2

74.5
.9

79.3
1.0
.3

90.1
.9
.5

101.5
1.0
.6

106.8
1.1
.8

109.1
1.1
1.0

121.1
1 .2
1.1

134.8
1.3
1.1

4
5
6
7
8
9
10
11
12
13

Corporate equities
Credit market instruments
U.S. Treasury issues
U S agency issues
State and local obligations
Corporate bonds
, ...
Mortgafics
Consumer credit
Commercial paper
Security Rp's

2.3
55.0
5.5
.8
.3
2.9
44,6
.5
.3

2.0
57,7
4.8
1.0
.3
3.2
47.3
.6
.5

2.5
62.7
4.3
1.2
.2
5.3
50.5
.7
.5

2.4
67,1
3.8
1.6
.2
6.6
53.5
.9
.4

2.5
70.1
3.2
1.8
,2
6,9
56,1
1.0
.5
.3

2.8
73.9
3.2
2.2
.2
8,1
57,9
1.1
.7
.4

3.5
83.5
3.3
3.0
.4
12.0
62.0
1.2
1.0
.7

4.5
93.2
3.5
4.2
.9
14.2
67.6
1.3
.9
.8

4.2
98.3
3.0
4.2
.9
13.1
73.2
1.6
.8
1.5

3.7
100.6
2.6
4.4
.9
14.0
74.9
1.7
.9
1.2

4.4
111.2
4.7
6.1
1 .5
17.5
77.2
1.9
1.0
1.1

4.4
124.6
5.8
9.1
2.4
20.3
81.7
2.2
1.5
1.5

14

Miscellaneous assets

.8

.9

1.0

1.1

1.0

1.3

1.7

2.1

2.4

2.6

3.2

3.5

15 Total liabilities

53.6

56.1

61.4

65.9

68.7

73.3

83.3

93.6

99.0

101.6

112.6

125.8

16
17

52.4
1.1

55.0
1.1

60.1
1.3

64.5
1.4

67.1
1.6

71.6
1.7

81.4
1.8

91.6
2.0

96.3
2.6

98.7
2.9

109.9
2.8

122.9
2.9

31.1
1.2
.2
3.3
26.4
3.0
1.5
21.9

36.9
1.3
.6
3.3
31.7
4.1
2.0
25.7

43.2
1.5
.7
3.4
37.6
4.8
2.2
30.5

27.5

33.0

39.0

Savings deposits
Miscellaneous liabilities

Credit unions
1
2
3
4
5
6
7
8

Total financial assets
..
Demand deposits and currency. . .
Time deposits
Savings and loan shares
Credit market instruments
U.S. Government securities. . . .
Home mortgages
Consumer credit

9

Credit union shares




11.0
.5

12.0
.6

13.2
.7

14.5
.7

16.1
.6

18.0
.8

21.1
.9

24.6
1.0

2.3
8.2
.3
.6
7.3

2.1
9.4
.5
.6
8.3

2.3
10.2
.5
.7
9.0

2.1
11.7
.7
.7
10.3

1.7
13.8
1.0
.7
12.0

2.1
15,2
1.4
.8
13.0

3.0
17.2
1.6
.8
14.8

3.6
20.1
2.1
1.0
17.0

27.8
1.1
.2
2.9
23.7
2.6
1.4
19.6

11.1

12.3

13.7

15.5

18.4

21.6

24.5

9.2

10.1

221

46.2 Flow of funds accounts, 1965-76—Continued
D. Sector statements of financial assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars
Category

1965

1966

1967

1968

1969

1970

1971 [ 1972

1973

1974

1975

1976

279,7
I 9

Life insurance companies
1 Total financial assets
154.2
2
Demand deposits and currency. . .
1.5
3
Corporate equities
9.1
4
Credit market instruments . . .
137,8
5
U.S. Treasury issues
5.1
6
U.S. ai^eney issues
. ..
.2
7
State and local obligations
3.5
8
Corporate bonds
61.0
9
Mortgages .
60.0
10
Open market paper
.3
11
Policy loans
7.7
5.7
12
Miscellaneous assets

162.3
1.5
8.8
145.9
4.9
.2
3.3
63.4
64.6
.4
9.1
6.0

172.6
1.6
10.9
153.3

13 Total liabilities
14
Life insurance reserves
15
Pension fund reserves
16
Profit taxes payable
17
Miscellaneous liabilities

149,9
103,5
29.4
.6
16.4

159.0
108.2
32.1

141.9
98.9
27.3
.5
15.2

4

i

3.1
67,2
67.5
5
HK1
6.9

18^2

183.1
1.7
13,2
160.7
4.5
.3
3.2
70.9
70.0
1K3
7.5

168.1
112.9
35.0
.6
19.7

191.3
1.6
13.7
167.6
4.1
.4
3.2
72,7
72.0
1.4
13.8
8.3

200.9
1.8
15.4
174.6
4.0
.5
3.3
74.1
74.4
2.1
16.1
9.2

215.2
1.8
20.6
182.8
3.8
.6
3.4
79.6
75.5
2.8
17.1
10.1

232,4
2,0
26.8
192.5
3.8
.7
3.4
86,6
76.9
3.0
18,0
11. 1

244.8
2 i
25*!9
204.8
3.4
.9
3.4
92.5
81.4
3.0
20.2
12.0

255.0
2.0
21.9
217.7
3,4

28 ; i
234.6

3>
96.4
86.2
4.1
22.9
13.4

4] 5
105.5
89.2
4.8
24,5
15J)

310.9
2,0
34 . 3
258 . 3
3.4
23
3.6
12'* 4
5'L6
3.2
2;v8
16.3

177.5
117.8
37.9

187.7
122.9
41.2
.8
22.8

201.0
129.0
46.4
.8
24.9

216.3
135.5
52.3
.8
27.7

230.1
142.7
56.1
.8
30.5

243.9
149.1
60.8
.8
33.2

267,0
157.1
71,7
,7
37.5

296 J
16*. 8
8S 4
.9
43.0

135.2
1.4
1,1
90.5
37.1
3.1
1.3
30.3
2.4
5.1

116.6
1.3
3.7
63.3
42.9
2.9
2.6
35.0
2.4
S.3

148.9
1.5
2.4
88.6
51.0
7,4
3,3
37,8
2.4
5.5

175,5
1 .6
2.3
10*. 7
56.2
11.3
3.6
39 . G
2,4
5.7

85.1
1.3
20.6
63.1
5.5
2.5
3.0
1.7
48,8
7.1

88.0
1.8
16.4
69.8
5.5
1.6
3.9
1.0
55.6
7.7

104 7
14
24,3
79 0
7,4
2,5
49
1 9
61,7
7,9

121.5
1.5
30,1
89,9
10,4
4.7
5.7
2,8
68.5
8,2

67.8
1.6
12.8
46.4
2.9
2.7
30.7
10.0
7^0
52.6
.3
52.3

77,3
1.7
14.2
53.7
4,7
3.3
33,3
12.2
l",l

§9.0
2,2
17,1
61.5
6 .8
2,9
37.4
14.2
,3
8,1

58.8
.3
58.5

66.0
4
65,7

2l!l

4.7

Pr ivate pet ision fun ds

1
2
3
4
5
6
7
8
9
10

Total financial assets
Demand deposits and currency. . .
Time deposits.
. . . .....
Corporate equities
Credit market instruments
. .
U.S. Treasury issues. . . . , . . . , .
U.S. agency issues
Corporate bonds
Mortgages
...
Miscellaneous assets

73.6
.9
40.8
29.1
2.5
5 i
22.7
3.4
2.9

75.8
.8
.1
39.5
31.9
2.3
5
25^2
3.9
3.5

89.4
9
'4
5l!l
32.8
2.0
.3
26.4
4.1
4.2

101.5
l

'e

6l'.S
33.8
2.4
4
27.0
4.1
4.6

102.4
1,0
.6
61.4
34.6
2.2
.6
27.6
4.2
4.7

110.6
1.1
.7
67.1
36.9
2.1
.9
29.7
4.2
4.9

130.5
1,3
.3
88.7
35.4
2.1

29!0
3.7
4.8

156.7
1.6
,3
115.2
34.6
3.0
.7
28. 2
2.7
5.0

State and local government employee retirement funds
1
2
3
4
5
6
7
8
9
10

Total financial assets
Demand deposits and currency. . .
Corporate equities
Credit market instruments
U.S. Government securities. . . .
Treasury issues
Agency issues
State and local obligations. . . . .
Corporate bonds
M ortgages .
. . .

34.1
.3
2.5
31.3
7.6
7.2
.5
2.6
17.2
3.7

38.1
.4
2.8
34,9
7.8
7.1
.7
2.5
20.2
4.5

42.6
.5
3.9
38.3
7.0
6.2
.8
2.4
23.9
5.0

48.0
,6
5.8
41.6
7.3
5.9
1.4
26^6
5.4

53.2
.5
7.3
45.5
7.0
5.4
1.6
2.3
30.6
5.6

60.3 •
.6
10.1
49.6
6,6
5.1
1.5
2.0
35,1
5.9

69.0
.7
15.4
52.9
5.4
3.9
1.5
2.2
39.0
6.3

80.6
1.0
22.2
57.4
5.7
3.6
2.1
2.0
43.2
6.5

Other insurance companies
1
2
3
4
5
6
7
8
9
10

Total financial assets
Demand deposits and currency. . .
Corporate equities
Credit market instruments
U.S. Treasury issues
U.S. agency issues
State and local obligations
Corporate bonds
Commercial mortgages
Trade credit

1 1 Total liabilities
12
Profit taxes payable
13
Policy payables

222




36.5
1.3
12.0
20.6
5.5
.6
11.3
3,0
2^6

21.2
.1
21.1

37.3
1.3
11.0
22.0
5.0
1.3
12.0
3.6
.1
2.9 ;
23.0
.1
22.9

40.9
1.3
13.0
23.5
4.3
1.2
13.5
4.3
.2
3 2
25.1
.1
25.0

44.9
1.4
14.6
25.4
3.9
1.4
14.4
5,5
2
3is

45.6
1.3
13.3
27.0
3.4
1.6
15.5
6.3

21.5

30.9
.1
30.8

21 '.5

3J

49.9
57.4
1.4
1 .5
13.2
16.6
34.6
30.9
3.4
3.2
1.9
1.6
17.0 1 2 0 . 5
8.9
8.6
.2
4.7

67.5
1.5
21.8
38.3
2.9
2.3
24.8
8.1
2

69.5
1.5
19.7
41.8
2.8
2.3
28.5
8.0

38.0
2
37.8

42.9
.3
42.6

47

^

34.4

34!2

s!8

6^5

:1

47.4

46.2 Flow of funds accounts, 1965-76—Continued
D. Sector statements of financial assets and liabilities—Continued
Amounts outstanding at end of year, in billions of dollars
Category

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Finance companies
1
2
3
4
5
6

Total financial assets.
Demand deposits and currency. . .
Credit market instruments. . . . . . .
Mortgages
Consumer credit
Other loans (to business)

7 Total liabilities
8
Credit market instruments
9
Corporate bonds
10
Bank loyns n.e.c
11
Open market paper
12
Profit taxes payable
13
Miscellaneous liabilities

44.7
2.0
42.7
4.5
24.7
13.5

47.1
2.1
44.9
3.9
26.4
14.6

47.7
2.2
45.5
4.3
26.9
14.3

52.9
2.3
50.6
4.9
29.2
16.5

61.6
2.4
59.2
5.7
32.0
21.5

64.0
2.7
61.3
7.4
32.1
21.8

69.4
2.9
66.5
8.9
34.4
23.2

79,1
3.2
75.9
10.6
37.9
27.4

90.8
3.5
87.4
12.5
42.6
32.3

96.1
3.7
92.4
10.6
44.6
37.2

97.7
3.9
93.8
9.3
45.2
39.3

106.7
4.1
102.6
9.0
48.9
44,7

39.6
33.8
13.5
11.8
8.5
.3
5.5

42.9
36.3
13.6
10.7
12.0
.2
6.4

43.9
36.9
14.0
8.8
14.1
.2
6.9

49.1
40.7
14.2
9.6
16.9
.2
8.2

58.5
49.0
15.1
11.0
23.0
.2
9.2

62.4
51.7
17.2
10.9
23.6
.3
10.5

67.1
54.3
19.7
11.5
23.1
.3
12.5

76,0
60.8
23.3
15.6
21.9
.3
14.9

87.8
70.2
26.2
20.2
23.8
.4
17.2

92.8
74.4
28.0
18.9
27.4
.4
18.1

94.1
74.8
30,7
16.1
28.0
.5
18.7

101 5
81.4
36.0
14.2
31.3
.7
19.3

Real estate investment trusts
1
2
3

.4

Physical assets
Multifamily structures
Nonresideittial structures

4 Total financial assets
5
Home mortgages
6
Commercial mortgages
7
Multifamily mortgages
8
Miscellaneous assets
9 Total liabilities
,
10
Credit market instruments
11
Mortgapes
12
Multifamily residential
13
Commercial
14
Corporate bonds
16

'.2

.7
.2
.5

.9
.3
.6

1.4
.4
.9

2.5
.8
1.7

3.2
1.1
2.2

4.3
1.4
2.9

7.3
2.4
4.9

8.9
3.0
6.0

.8
*
.7
.1

2.0
.2
1.3
.5

3.9
.6
2.0
1.3

6.4
.8
3.2
2.2
.2

11.4
1.2
5.0
4.2
1.0

17.0
1.9
7.5
6.6
1.0

17.5
1.7
7.7
6.8
1.4

14.0
1.4
7.0
4.8
.8

9.8
1.1
5.2
3.1
.5

.8
.8
.2
.1
.1

1,5
1.5
.4
.1
.3
.1
1.0

2.2
2.2
.5
.2
.4
.6
1.0

4.1
4.1
.7
,2
.5
1.0
1.6
.8

8.8
8.8
1.2
A
.8
1.4
3.0
3.2

14.4
14.4
1.5
.5
1.0
1.9
7.0
4.0

16.6
15.8
1.6
.5
1.1
2.1
11.4
7

17.8
15.7
2.0
.7
1.4
2.1
10.8
.8

16.0
13.8
2.4
.8
1.6
1.9
8.9
.6

46.5
1,2
38.3
7.C
I.'?.
4.2
1.6

34.1
1.0
26.3
6.7
1.1
3.8
1.8

42.2
1.1
33.7
7.4
1.1
4 .8
fl "!

47.0
1.2
37.3
8.5
1.1
7.0
4

2.4

3;6

3 4

K6

2.1

I 5

.8
.1
.6
*

1.5
,9
.5
*

J.8
1.0
.8
.1

2.4

3.6

3.4

.6

Open market paper.

Open-end investment companies
1
2
3
4
5
6
7

Totalfinancialassets
....
Demand deposits and currency. . .
Corporate equities
Credit market instruments
U.S. Government securities. . . .
Corporate bonds
Open market paper

35.2
.5
30.9
3.8
.8
2.6
.5

34.8
28 .'9
5.4
1.4
2.9
1.0

44.7
.7
39.2
4.8
.9
3.0
1.0

52.7
.8
46.1
5.8
1.1
3.4
1.2

48.3
.7
40.9
6.7
.7
3.6
2.4

47.6
.7
39.7
7.2
.9
4.3
2.1

56.7
.9
48.6
7,2
.6
4.9
1.7

59.8
.9
51.7
7.2
.7
5.1
1.4

Money market funds
1 Total assets
2
Demand deposits and currency. . .
3
Time deposits
4
5
6
7
8

Credit market instruments
U.S. Government securities . . . .
Open market paper
Miscellaneous
Shares outstanding
Security brokers and dealers

1
2
3
4
5
6
7
8

Total financial assets
Demand deposits and currency. . .
Corporate equities
Credit market instruments
U.S. Government securities. . . .
State and local obligations. . . .
Corporate bonds
Security credit

9 Total liabilities
10
Security credit
11
From banks
12
From agencies of foreign banks
13
Customer credit balances
14
Profit taxes payable




l!2
2.4
1.1
.5
.9
6.0

11.3
.8
1.3
3.2
1 .7
.5
1.0
6.0

14.7
1.0
1.7
2.9
1.0
.5
1.4
9,2

18.5
1.5
1.5
3.5
1.8
.5
1.2
12.0

15.4
1.4
1.9
3.7
1.7
.4
1.6
8.5

16,2
1.1
2.0
6.0
3.4
.9
1.7
7.2

17.6
1.1
2.1
4.6
1.8
1.0
1.8
9.8

21.8
1.1
2.3
5.0
2.0
.9
2.0
13.5

18.2
.9
2.7
5.5
2.0
1.1
2.4
9.1

14.9
.8
2.0
4.6
2.3
.7
1.7
7.6

17.9
.7
3.0
5.5
2.2
.6
2.7
8.6

26.9
.9
3.8
9.0
4.6
.9
3.5
13.2

8.8
8.7
5.3
.8
2.7
.1

9.7
9.6
5.8
.9
2.9
.1

12.9
12.7
6.6
.9
5.3
.2

16.4
16.2
7.7
.9
7.7
.2

13.3
13.2
6.7
.9
5.7
.1

14.3
14,2
8.6
.9
4.7
,2

15.4
15.3
9.3
.9
5.2
.1

19.6
19.4
13,1
.9
5.4
.2

16.2
16.0
10.3
.5
5.2
.2

12.9
12.9
8.2
.5
4.2
*

15.6
15.5
10.4
.3
4.8
.1

24.2
24.0
17.2
.5
6.3
.2

10.3

223

47. Selected measures of nonfinancial business activity
1967 = 100; monthly and quarterly data are seasonally adjusted. Exceptions are noted.

1972

Measure

1973

1974

1975

19 72

1976
Jan.

Feb.

Mar. I Apr.

May

June
118 7

Industrial production, total

119.7

129.8

129 3

117.8

129.8

114.6

115 3

116.5

117 7

118 1

Market groupings:
Products, total
Final total
Consumer goods
Equipment
Intermediate
Materials

118.0
115 7
124.4
103 8
126 5
122.3

127 A
124 4
131.5
114 5
137.2
133.9

127.3
125 1
128,9
120 0
135 3
132.4

119.3
118 2
124.0
110 2
123.1
115.5

129,3
127 2
136.2
114 6
137.2
130.6

113.2
110 8
119.8
98 2
121 7
116.5

114.1
111 8
120.6
99 6
122 3
117.1

115.2
113.0
121.5
101 2
123.4
118.4

116.0
113 8
122*5
101 9
124 1
120.2

116
114
123
102
124
120

Industry groupings:
Manufacturing

118 9

129 8

129 4

116 3

129,5

113 2

114 2

115 2

116 9

117 2

117 9

83.1
88 0

87.5
92 4

84.2
87 7

73.6
73 6

80.2
80 4

80,4
85 4

80.9
85 5

81.4
86 2

82.4
87 2

82 3
87 2

82 6
87 5

Construction contracts 2

166 1

183 3

173 9

162 3

190 2

160 0

155 0

159 0

167 0

165 0

154 0

Nonagricultural employment: rt
Total
Goods-producing total
Manufacturing, total
Manufacturing, production-worker
Service- producing

111.9
101 2
98.2
97.5
117 8

116.8
106 3
103.2
103.2
122 5

119
106
103
102.
126

117 0
97 4
94.3
91.3
127 8

120.6
99 8
97.5
95.2
131,7

109.9
99 4
96.0
94.9
115 7

110 1
99 4
96 4
95.5
116 0

no. 7

111,1
100 0 100 5
97.0
97.4
96.1
96.7
116.5 i 116 9

111,5
101 0
97.9
97.2
117 3

111.9
101 3
98.2
97.6
117 7

150.4

168.0

184.1

199.4 | 219.5

144.0

146.0

146.8

147.9

148.7

147.3

148.3
130.8

164.0
146 3

178.9
157 6

188.7
157 9

208.3
176.7

142.5
123 9

144.3
126 4

144.9
127.9

146.1
128.9

146.5
129.4

147.4
130 1

Disposable personal income 4

147.2

165 6

180 5

198 5

217.0

Retail sales 5

142.4

160,2

171.2

186 0

206.6

133,3

135 1

139.3

138.7

141.9

140.7

125.3
119.1

133.1
134.7

147.7
160.1

161 2
174 9

170.5
183 0

123 2
116.3

123 8
117.3

124.0
117.4

124,3
117.5

124 7
118.2

121 0
118.8

Capacity utilization (per cent) : in—
Manufacturing
Industrial materials industries

Personal income: *
Total
Wage and salary disbursements :
Total . . . .
Manufacturing

Prices : fl
Consumer .
Wholesale

...
..

5
4
0
5
5
6

117
114
123
101
125
121

0
9
2
5
0
3

146.0

145 6

19 72

1973

July

Aug.

Sept.

Oct.

Nov.

Dee.

Jan.

Feb.

Mar.

Apr,

May

Industrial production, total

119 3

120 7

121 8

123 4

124 4

125 8

126 3

127 8

128 5

128 5

129 6

Market groupings:
Products, total
Final, total
Consumer goods
Equipment
Intermediate
Materials

117,5
115.2
124.0
103.0
125.9
122.1

119.0
116.8
125.5
104 6
127.2
123 4

119.8
117 5
126.2
105 5
128.6
124 8

121.4
119.0
127.5
107.0
130.6
126.6

122.5
120.1
128.4
108.6
131.8
127.7

123.7 \ 123.9
121.6 121.6
130.4
129.5
109.5
110.6
131.6
132.5
128.9
129 9

125. 2 126.0
122,7 123.1
130.5
131.4
112.2 j 111.9
134.9 \ 136.4
131.7
132,3

126.0
123.4
131.2
112.8
135.7
132.4

127 J
124,3
132 ..I
113,6
1 37 , 2
133 5

Industry groupings:
Manufacturing

118 3

119 9

121 1

122.7

124 0

125 8

125 7

127 6

128,3

128.3

129,6

82.6
87.7

83 5
88.4

84 1
89.0

85.0
90.0

85.6
90.6

86 6

91,0

86 3
91,5

87.3
92,4

87,5
92.5

87.2
92.3

87,8
92,6

155.0

180 0

187 0

171.0

177.0

163.0

181.0

191.0

193.0

177.0

173,0

111 9
100.9
97.9
97.2
117.9

112 4
101.4
98 2
97.6
118 4

112 7
101.7
98 6
98.0
118 7

113 2
102.5
99.5
99.1
119.0

113 6
103.0
100 1
99.9
119.4

114 0
103.2
100 8
100,7
119.9

114 6
104.1
101 3
101,2
120.4

115 3
105.0
102.1
102.2
120.9

115 7
105.5
102.5
102.6
121.3

116.0
105.7
102.8
103.0
121.7

116 3
106,0
103 0
103,2
122,0

150.1

151.6

152.3

155.1

157.1

158.3

159.6

161.6

163.2

164.6

165 6

148.0
130.0

149.3
131.4

150.5
132.7

151.8
134.5

152.9
136.3

154.5
138.0

156.8
139,6

158.5
141.6

159.9
142.7

161 .3
144.5

162,2
144 ,,9

Capacity utilization (per cent) 1 in —
Manufacturing , , .

Industrial materials industries
Construction contracts

2

Nonagricultural employment: 3
Total
Goods-producing, total
Manufacturing total
Manufacturing, production-worker
Service-producing. ,
Personal income: 4
Total
Wage and salary disbursements:
Total
.
...
Manufacturing
Disposable personal income 4
Retail sales 5
Prices : 6
Consumer
Wholesale

224




150.1

147.0

,

165 0

162.9

142.7

145.1

144.2

149.4

147.9

150.6

155.4

157.7

158.9

157.8

159 2

125.5
119.7

125.7
119.9

126 2
120.2

126.6
120.0

126.9
120,7

127.3
122.9

127.7
124.5

128.6
126.9

129.8
129.8

130.7
130.5

131 5
133 2

47. Selected measures of nonfinancial business activity—Continued
1967 = 100; monthly and quarterly data are seasonally adjusted. Exceptions are noted.

1973

Measure

19"'4

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

Industrial production, total

129.9

130.4

130.4

131.1

131.4

131.6

131.3

129 9

129 6

130 0

129 9

Market groupings:
Products,, total
Final, total . . . , ,
Consumer goods
Equipment
Intermediate
Materials
...

127.1
124.2
131 2
114.5
137 3
134 3

127.4
124.5
131 4
115.0
138 6
135 1

126
123
130
115
138
135

9
9
2
3
0
8

128.3
125.8
132 9
116 1
137 9
135 4

128 8
126.1
133 1
116 8
138 4
135 2

128 7
125.9
132 4
116 9
139 1
136 0

128.2
125.0
130 5
117.6
140 0
136 0

126
123
128
116
138
134

Industry groupings:
Manufacturing

129.8

130.6

130.4

131.2

131 6

132.0

131.9

130 1

129.8

130.4

130 3

88 0
93.0

87 5
93 1

87 8
92.5

87 8
92 0

87 8
92 3

87 4
92.0

86 0
90 9

85 5
90.3

85 7
90.0

85 4
88 7

Capacity utilization (per cent) l inManufacturing
. ..
Industrial materials industries

87 7 j
92,9

7
4
3
9
6
9

126
123
127
117
137
134

5
5
8
7
7
4

127
124
128
118
137
134

1
2
5
4
6
5

128
125
129
118
138
132

0
1
6
8
7
9

Construction contracts '2, ,

183 0

175.0

199 0

182,0

191 0

194 0

161.0

155 0

187.0

181.0

167 0

No ii agricultural employment: :i
Total
Goods-producing, total.
Manufacturing, total
...,
Manufacturing, production-worker
Service-producing

116 8
106.5
103.4
103,5
122 ,4

116 9
106.5
103.2
103.2
122.5

117 2
106 6
103.4
103.3
123.0

117 4
106.7
103.4
103.1
123,3

117 8
107 1
104.0
103 8
123.7

118 3
107.6
104.5
104.3
124.2

118 5
107.9
104.7
104.6
124.3

118 5
107.6
104.4
104.2
124.5

118 7
107.5
104.0
103.5
124.9

118 9
107,3
103,9
103.2
125.2

119 1
107.4
104.1
103.5
125.5

166.9

168.2

169.8

171.5

173 3

175,0

176,1

176 2

177 1

178 3

180 0

163.4
145.7

164.5
146.5

165.4
147.2

166.9
148.7

168.4
150 0

170.0
151.7

171.1
152.6

171.7
152 6

173.0
153 2

174.2
154 2

175.3
154.8

157.8

162,3

160.1

162.3

163.2

164.4

163.1

164.7

165.4

167.5

169.7

132.4
136.0

132.7
134.3

135 1
142.1

135.5
139.7

136 6
138.7

137.6
139.2

138.5
141.8

139.7
146.6

141.5
149.5

143.1
151,4

143.9
152.7

Personal income: 4
Total
Wage and salary disbursements :
Total
Manufacturing
Disposable personal income

..

4

166.1

Retail sales 5 .
Prices: &
Consumer
Wholesale

178.5

168.1

1975

1974
May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

131.3

131.9

131 8

131.7

131 8

129 5

124.9

119.3

115.2

112.7

111.7

128,8

126.3
130,3
120 » 9
137.5
135,2

129.4
126.9
131.2
120.8
138.6
135.7

129,6
127.3
131.2
121,8
137.7
135.4

129.9
127.6
132.2
121.5
138.4
134.8

129.3
127.6
131.1
122.8
135.7
135.4

127.6
126.3
129.7
121.8
132.3
132.4

124,6
123.8
126.2
120.6
127.9
125.2

120.1
119,6
121.0
117.7
122.1
118.0

116.2
115.2
117.0
112,7
119.5
113.7

114.4
113.5
116.1
110.0
117.9
110.1

113.9
113.4
117.0
108.6
115.9
108.3

. . . 131.5

132.2

132.1

132.1

132.1

129,5

124.6

118.1

113.4

110.8

109,3

85 9
90.0

86 1
90.0

85 8
89 5

85 6
88.8

85 3
88 8

83 4
86.6

80.0
81.7

75.7
76.7

72.5
73.6

70.6
71.1

69.6
69.7

Construction contracts 2

188.0

166.0

172.0

170.0

187.0

184.0

154.0

176.0

135.0

139.0

147,0

Nonagricultural employment: 3
Total
Goods-producing total
Manufacturing, total
Manufacturing, production-worker. , .
Service-producing . . .

119.3
107.2
104.0
103. 4 i
125.9

119.4
107.1
104.0
103.3
126.1

119.4
106 7
103.9
103.1
126 4

119.5
106.4
103.5
102.5
126 7

119 6
106 0
103.2
102.2
127 0

119.5
105.4
102.5
101.2
127,3

119.0
103,9
101.0
99.3
127.2

118.0
101.5
98.6
96.4
127,0

117.4
99.9
96.6
93.8
126.9

116.6
97.6
94.5
91.2
127.0

116.2
96.5
93.8
90.4
126.9

182 1

184 0

186 4

187 3

188 5

190 2

190.4

191.4

191.4

192.3

193.3

177 2
157.1

179 2
158.5

180 9
159,7

181 3
160.3

182 4
161.1

184 0
162.3

183.5
160.0

183.6
157.9

183.6
154.9

183.3
152.6

184.1
152.9

170 3

171 5

174 0

178 5

174 9

174.9

170.7

172.7

175.7

179.4

175.6

145.5
155.0

146.9
155.7

148.0
161 7

149.9
167.4

151.7
167.2

153.0
170.2

154.3
171,9

155.4
171.5

156.1
171.8

157.2
171.3

157.8
170.4

Industrial production, total
Market groupings:
Products, total
Final, total
Consumer goods
Equipment . . .
Intermediate
Materials . . . . . . .

. .

.
...

Industry groupings:
Manufacturing
Capacity utilization (per cent) l in—
Manufacturing
Industrial materials industries

Personal income: 4
Total
Wage and salary disbursements:
Total
Manufacturing
Disposable personal income 4
Retail sales s
Prices: 8
Consumer.
Wholesale...




192.7

182.2

182 2

180 3

....

225

47. Selected measures of nonfinancial business activity—Continued
1967 — 100; monthly and quarterly data are seasonally adjusted. Exceptions are noted.

1975

Measure

Industrial production, total
Market groupings:
Products, total
-Final,- total•
Consumer goods.
Equipment
Intermediate
Materials

I

Industry groupings:
Manufacturing
Capacity utilization (per cent) l inManufacturing
Industrial materials industries
Construction contracts"
Nonagricultural employment:3
Goods-producing, total.
Manufacturing, total. .
Manufacturing, produt ton-worker
Service-producing
Personal income: 4
Total
Wage and salary disbursements:
icnts :
Total
Manufacturing

19 76

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec,

Jan.

Feb.

112.6

113.7

116.4
116.4

118.4
118.4

121.0
121.0

122.1

122.2

123.5

124.4

125.9

127.fi

115.2
H4.7
119.0
108.7
116.9
108.8

116.2
115.6
120.4
109.2
118.1
109.8

118.8
118.2
124.3
109.8
120.8
112.6

120.9
119.7
126.6
110.0
125.0
114.5

122.3
122.8
120,8 l 121.5
127.5 129.0
1 1 1 . 4 111.3
127.9 127.6
119.0 121.0

122.4
120.9
128.7
110.0
128.0
122,0

123.B

122.3
131.1
110.0
129.3
123.1

124.9
123.5
132.3
111.5
129.9
123.3

126.2

124.1
132.6
112.4
134.1
125.4

127. $
125.6
134.6
113.2
136 0
127,6

110.9

111.8

114.6

117,0

119.7

121.4

121.2

122.7

123.6

124.8

127.1

70.4
69.9

70.9

72.5
71.8

75.5
75.5

76.4
76.5

76.1
76.9

76.9
77.3

77.4
77.2

78.1
78.3

79.4
79.4

189.0

182,0

165.0

208.0

166.0

148.0

137.0

186.0

170.0

116.1
96.1
93.5
90.1
127.1

116.3
116.1
96.2 ! 95.7
93.5
93.2
90.3
90.0
127.3 ; 127.2

116.5
95.8
93.2
90.0
127.8

117.0
96.7
94.0
91.0
128.1

117.4\
97. A\
94 Ai

117,8 118.0
97.7 i. 97.9
94.9 1 95.0
92.2 1 92.4
128.8 129.0

118.5
98.4
95.4
92.9
129.4

119,1
99,1
96.2
93.9
129.9

119.4
99.3
96.5
94.3
130.4

194.2

196.1

200.9

200.5

202.9

204.!»

206.7 i 208.2

209.5

211.8

213.7

184.1
153.2

185.4
154.1

186.5
154.9

187.6 189.9
155.9 ' 158.4

i9i.:

193.5 1 195.3
162.0 I 163.2

197.1
165.9

199.9
169.9

201.6
171.9

70.3

73.9
72.8 j

202 3

91,8

128.41-

160.1\

199.7

. 201 6

Retail sales G .

179.4

184.1

185.9

192.6

190.2

189.2

191.0

193.2

196.0

197.1

Prices: G
Consumer.
Wholesale.

158.6
172.1

159.3
173.2

160.6
173.7

162.3
175.7

162.8
176.7

163, (\
177.'

164.6 165.6
178.9 '! 178.2

166.3
178.7

166.7
179.4

1976
Mar.

Apr.

May

June

July

Aug.

Sept.

Get,

Nov.

Dee.

Industrial production, total.

128.3

128.7

129.7

129.8

130.7

131.3

130.6

130.2

131.5

133.0

Market groupings:
Products, total
Final, total
Consumer goods.
Equipment
Intermediate
Materials

127. 9
126.1
135.2
113.8
134.6
129.0

128.0
126.1
135.4
113.5
135.1
129.7

128.9
126.9
136.5
113.7
136.2
130.8

129.0
126.8
136.0
114.2
136.7
131.0

129.7

130.1 \
128.0
137.0
115.6
138.4
133.0

129,4
126.9
135.7
114.8
138.7
132.4

129.2 ; 131.3
126.7 ! 129.3
138.4
135.9
114.2
116.8
139.0
138.8
131.8
131 .9

133,4
131,5
14K3
118.0
140.5
132.0

128.0 ;

128.4

129.7

129.8

130.7

131.2

130.5

129.8

131.4

132.5

79.8
80.1

79.9
80.4

80.5
80.9

80.5
80.7

80.8
81.2

81.1
81.6 ;

79.9
80.4

80.8
80.3

81.2
80,2

Industry groupings:
Manufacturing.......

127 .4

136.1
:
115.3

138.4 !
132.1

1

Capacity utilisation (per cent)
in™
)Mn—
Manufacturing
Industrial materials industries
ries. . .

...

2

!

:

80.5
81.0 '

Construction contracts .

185.0

189.0

205.0

187.0

186,0

186.0 \

182.0

237.0

186.0

183.0

Nonagricultural employment: :|3
Total
Goods-producing, total
Manufacturing, total
Manufacturing, prodi ion-worker
Service-producing

119.9
99.9 i
97.2
95.1
130.9

120.4
100.6
97.7
95.8
131.3

120.4
100.5
97.7
95. 7
131.3

120.5
100.4
97.6
95.5
131.5

120.7 '
100.3
97.4
95.2 •„
131.9

120.9
100.2
97.6
95.2 '!
132.2

121.4
100.8
98.2
96.1
132.6

121.2
100.2
97.4
94.9
132.7

121.6
100.9
98.0
95.6
132.9

122.0
101.0
98.2
95.7
133.5

Personal income: 4
Total
Wage and salary disbursements;
nents :
Total
Manufacturing

215.2

217.0 I

218.3

219.1

221.2

222.4 ;

223.7 , 225.7

228.6

231.4

203.1
174,0

205.2
175.5

206.9
176.9

207.1
177.3

209.2
178.0

210.5
178.9

212.0 213.8
180.5 ': 180.0

216.1
183.3

217.9
185,1

203.8

205.2

202.0

206.3

205.4 J

208.8 ;

206.7

208.8

212.3

221.2

167.5
179.7

168.2
181.3

169.2
181.9

170.1
183.2

171.1
184.4

171.9
183.8

172.6
184.8

173.3
185.3

173.8
185.6

174.3
187.1

217.5

Disposable personal income'
Retail sales 5
Prices: fl

Consumer
Wholesale

226




!

219.2

217.5

48. Output, capacity, and capacity utilization

A. Output
1967 =100; quarterly data are seasonally adjusted.

1972

Series

1973

1975

1974

19 72

1976

19 73

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

...

118.9

129.7

129.4

116.4

129 5

114.2

117,3

119.8

124.2

127.2

129.2

130.7

131.8

. ..

127.4
114.4

139.4
124.7

137.9
124.8

119.9
114.5

137 3
125.4

121.6
110.3

125.6
112.9

128.8
114.9

133.6
119.4

136.1
122.5

138.1
124.5

140,6
125.4

142 7
126.4

122.3

134.0

132.4

115.5

130.6

117.3

120.7

123.4

127.7

131.3

133.4

135.4

135.7

117.7
Durable goods . .
115.0
Basic metal
,
132.9
Nondurable goods •
...
Textile, paper, and chemical . 137.1
113.8
Textile
126.9
Paper
151.5
Chemical
Energy
. . . 120.2

134.8
129.8
142.2
147.7
120 0
132.6
166.1
121.9

132.7
125.8
142.5
147. 9
110.3
132.4
170.9
119.12

109.1
99.0
126.7
129.1
101.0
113.4
147.9
117.2

126.8
IU.O
146 3
151.0
115 I
130.7
175.0
120.2

111.2
107.2
128.6
132.4
110.8
124.2
145.1
118.1

115.3
113.3
132.0
136.0
113.5
125.8
150.1
119.6

118.9
117.1
134.1
138.3
114.3
127.4
153.2
121.1

125.3
122.5
137.0
141.7
116.5
129.9
157.6
122.1

130.9
127.2
140.3
145.6
118.9
130.6
163.4
121.4

134.2
130.1
141.3
146.7
119.2
133.1
164.4
121.6

136.9
131.1
142.6
148.7
120.5
133.3
167.2
123,3

137.2
130.9
144.6
150.1
121.6
133.1
169.3
121.2

Manufacturing
Primary processing
Advanced processing
Materials . .

.

19 74

Manufacturing

..

....

Primary processing
Advanced processing
Materials
Durable goods
Basic metal. . . . .
Nondurable goods
..
Textile, paper, and chemica
Textile
Paper
..
....
Chemical
Energy.
,
...




19 76

19 75

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

130.1

131.3

132.1

124.1

111.2

112.4

119.4

122.5

126 7

129.3

130,8

131.2

140.4
124 5

141.1
125 9

141.2
127.2

128.8
121.6

112.4
110,3

114.0

in s

124.3
116.8

128.9
119 1

133.8
122 9

137.3
125 1

139.3
126 3

138.8
127 2

134 6

134 6

135.2

125.2

110.7

110 4

118,2

122 8

127 3

130 5

132 5

131 9

134 5
128.9
146.6
151.5
120 8
134.1
172 1
119.9

134.4
128.5
146.6
152.5
117 3
135-6
174 9
120 r 3

136.3
126.7
145.8
152.2
111.3
134.5
177.3
119.6

125.5
119.3
131.2
135.6
91.9
125.3
159.2
117.1

106.3
104.8
113.8
114.7
80.3
110.0
132.0
117.6

103.5
94.0
119 0
120.3
95.0
103.9
138.0
116.4

111.6
98.7
132.5
135.3
110.7
115.7
153.9
116.4

115.1
98.4
141.4
146.3
118.2
124.0
167 7
118.5

121 3
105.5
144 9
150.2
116 5
129.8
173 1
120 0

126 9
113.5
147 0
151.8
116 5
132.0
175 3
119.0

130 8
117.4
146 3
150.8
115 1
130.8
174 4
119.6

128 4
107.4
146 9
151.4
112 1
130.2
177 3
122.0

227

48. Output, capacity, and capacity utilization—Continued

B. Capacity
Per cent of 1967 output; quarterly data are seasonally adjusted.

1972

Series

Manufacturing . , . . . .

....

Primary processing
Advanced processing
Materials
Durable goods
Basic metal
Nondurable goods
Textile, paper, and chemical .
Textile .
Paper .
Chemical
Hnergy

1973

19 72

1975 1 1976
1

1974

Ql

Q2

Q3

Q4

Ql

Q2

Q3

Q4

148.2

153.7

158,1

161.5

141.1

142.3

143.6

144,8

146.1

147.5

149.0

150.4

144.7
142,0

150.8
146.8

157.7
151.6

163.4
155.3

167.0
158.5

142.8
140.3

144.1
141.4

145.4
142.6

146.7
143.7

148. 3
144.9

150.0
146,2

151.7
147.5

153.4
148. H

138 9

145 0

151.1

156.9

162.4

136.9

138.3

139.6

141.0

142.5

144 2

145.8

147 4

140.5
131.5
145.3
150.1
126.5
129.6
168.7
127.2

147.3
134.1
151.9
157.4
128.7
134,3
179.3
130.6

154.6
137.3
158.5
164.6
131.3
138.2
189.9
133.5

160.9
140.5
165.3
171.9
135.3
142.0
200.0
137.3

166.1
143.4
171.7
179.2
139.4
146.2
209.9
142.1

138.2
130.6
142.8
147.3
125.6
127.7
164.8
125.8

139.8
131.2
144.5
149.2
126.2
128.9
167.4
126.7

141.3
131.8
146.1
151.0
126.7
130.2
170.0
127.7

142. S
132.5
147.7
152.9
127.5
131.5
172.6
128.7

144.5
133,1
149.4
154.7
128.1
132.7
175.3
129.4

146.4
133.8
151.0
156.5
128.5
133.8
177.9
130.2

148.3
134.5
152.7
158,3
129.0
134.9
180,7
1M.0

150.2

142.9

19 74

Manufacturing
Primary processing.
Advanced processing
Materials
Durable goods
Basic metal
Textile, paper, and chemical
Textile
Paper
Chemical
Energy

228



1973

Q2

Q3

Q4

Ql

Q2

151 8

153 1

154 4

155.7

156 8

155 1
150.0

156 6
151.2

158 1
152 5

159.6
153.7

160 9
154.7

148.9

150.3

151.8

153.3

152.1
136.0
156.0
161.9
130.0
136,9
186.0
132 5

153.7 155.4
136.8 137.7
157.7 159,4
163.7 165.5
131.0 131.7
137.8 1 138 6
191.2
188.6
133,2 133 8

157.1
138.6
161.1
167.4
132.6
139.4
193.9
134.6

I

154,4
K»(),l
1 29 , 4
136.0
18*. 3

ni .7

1976

19 75

Ql

ns 2

Q3

Q4

Qt

Q2

Q3

Q4

157 7

158 5

159 4

160.2

162 0
155 4

163 0
156.1

164 1
156 8

161 1

161.9

162 8

165 2 166 4
157,5 ! 158.2

167 6
158.9

168 »
159.6

154.8

156.1

157.7

159.2

160.6

158.8
139.4
162.8
169.2
133.5
140.4
196.4
135 5

160.1
140.2
164.4
171.0
134.7
141 5
198.8
136 7

161.6
140.9
166.1
172.9
135.9
142.5
201.3
138 0

161.7

163.1

164.3

163.1 164,4 1 165.5
141.7 ^ 142.4 143.1
167.8 169.4
171.0
174.7 176.5 178.3
137.2 138.2 139.0
143 5 ! 144.6 145.7
203.7 206.2 208.7
139 1 140.3
141.5

166.7
143,7
172.5
hSO.l
139.8
146.7
211.2
142.7

167. 8
144.4
174 . 1
182.0
140.6
147.9
213.7
143.9

48. Output, capacity, and capacity utilization — Continued
C. Capacity utilization
Per cent; quarterly data are seasonally adjusted.
4

Series

1972

JVlanufacturinfit
Primary processing
,,
Advanced processing
Materials

,.

Durable goods
Basic metal
Nondurable goods
Textile, paper, and chemical .
Textih;
Paper
...
Chemical
Energy

1973

1974

1975

1976
Q2

Q3

.

Materials
Durable goods
Basic metal
Nondurable goods
Textile, paper, and chemica 1
Textile
Paper
Chemical
Energy




Q4

Ql

Q2

Q3

Q4

83 1

87 5

84. 2

73 6

80.2

80.9

82 4

83 4

85.8

87 1

87 6

87 8

87 7

88 0
80.5

92.4
84.9

87 7
82.2

73 8
73.5

82 2
79.1

85.2
78.6

87.2
79.8

88.6
80.6

91.1
83.1

91 8
84.5

92 1
85.2

92 7
85 0

93 0
85.0

88 0

92.4

87.^7

73.6

80.4

85.7

87 3

88 4

90.6

92 1

92 5

92 9

92 1

83.7
87 4
91.5
91.3
90.0
97 9
89,8
94.5

91.5
96 8
93.6
93.9
93.2
98.7
92.6
93.3

85.9
91.7
89.9
89.9
84.1
95.8
90.0
89.3

67.8
70 4
76.6
75.0
74.6
79.8
73.8
85.4

76 4
77 4
85 2
84.3
82.6
89 4
83.4
84.6

80.4
82.1
90.0
89.9
88.2
97.3
88.1
93.9

82.5
86 3
91.4
91.2
89.9
97 6
89.7
94.4

84.1
88 8
91.8
91.6
90.2
97.9
90.1
94.8

87.7
92.5
92.8
92.7
91.4
98.8
91.3
94.9

90.6
95 6
93.9
94.1
92.8
98 4
93.2
93.8

91.6
97 2
93.6
93.7
92.7
99.5
92.4
93.4

92 3
97 5
93 4
93.9
93.4
98 8
92.5
94 1

91 4
96 8
93.7
93.7
93.9
98 2
92.4
92,0

Q3

Q4

Ql

Primary processing
Advanced processing.

19 73

Ql

19 74

Manufacturing

19 72

19 76

19 75

Q2

Q3

Q4

Ql

Q2

Q3

Q4

Ql

Q2

85.7

85.8

85.5

79.7

70.9

71.3

75.3

76.9

79 1

80.3

80 8

80 6

90.6
83 0

90.1
83 3

89 3
83 5

80.7
79 1

69.9
71 3

70.4
71 9

76.3
74 8

78.6
75 9

81.0
78 0

82.5
79 1

83 1
79 5

82.2
79 7

90.4

89.6

89.1

81.7

71.5

70.7

74.9

77.1

79.3

80.7

81 2

80.3

88 5
94.7
94 0
93.6
92.9
97.9
92.5
90.5

87 4
93.9
93 0
93.2
89.6
98.4
92.7
90.3

87 7
92.0
91 4
91.9
84.5
97 0
92.7
89.4

79 9
86.0
81.4
81.0
69.3
89.9
82.1
87.0

66 9
75.2
69.9
67.8
60.1
78.3
67.2
86.8

64 6
67.0
72 4
70.3
70.5
73.5
69.4
85.2

69 0
70.1
79 8
78.2
81.5
81.2
76.5
84.4

70.6
69.4
84.3
83.8
86.2
86.4
82.3
85.2

73 8
74 1
85 6
85.1
84 3
89 8
84.0
85 6

76 7
79.3
85 9
85.2
83.8
90 6
84.0
84.1

78 4
81 7
84 8
83.7
82 4
89 2
82.6
83 8

76 5
74 4
84 4
83.2
79 7
88 1
83.0
84 8

229

49. Industrial production
1967 = 100, except as noted; monthly data arc seasonally adjusted.

1

Grouping

1967
proportion

1972

1974

1973

1976

1976

1975

Jan.

Feb.

Mar,

Major market groupings
Total index
Products
Consumer goods . . .
Kquipment
Intermediate products. .
Materials

.
.

.

Consumer goods:
Durable consumer goods
Automotive products
Autos a n d utility vehicles
Autos, . . . .
Auto parts and allied goods

1

..
. . .
..

Home goods
Appliances, A/C. and TV
Appliances and TV
Carpeting a n d furniture. . . .
Misc honie goods

119.7

129.8

129.3

117.8

129.8

125.9

127.6

128.3

60.71
47.32
27.68
20.14
12.89
39,29

118.0
115.7
124.4
103.8
126.5
122.3

127.1
124.4
131.5
114.5
137.2
133.9

127.3
125.1
128.9
120.0
135.3
132.4

119.3
118.2
124.0
HO. 2
123.1
115.5

129.3
727.2
136,2
114.6
137.2
130,6

126.2
124.1
132.6
112,4
134.1
125.4

127.8
125,6
134.6
113.2
136,0
127.6

127 9
126.1
135.2
113.8
134.6
129.0

7.89
2.83
2.03
1.90
.80

133. 8
141.4
136.7
128.6
153.4

146.2
153.0
149.7
138.3
161.3

135.3
132.8
121.0
107.9
162.6

121.4
125.8
113.7
101. 1
156.6

141.4
154,8
149.8
132.0
167.6

135,1
142.5
132.9
118.4
167.4

137.9
149.6
141.9
125.8
168.9

140.5
155,0
148,5
132 (>
171.4

129.5
5.06
1.40 ! 125.4
1.33 I 126.7
143.4
1.07
2.59
126.1

142.5
139.1
139.8
154.9
139.2

136.8
127.0
128.3
145.2
138-5

118,8
98.0
100.2
126.8
126.9

133.9
114,6
117.2
144.1
140.1

130.9
110,0
112. 9
144,8
136.6

131.5
112.4
114.9
144.8
336. 3

132.3
114,5
U6.«)
142.5
137.9

720, 6
112.9
122.8
116.0

125.6

126.3

125.1
11K6
128,8
122.8

134.1
124.0
136.9
130.7

131.7
124.2
133,8
128.4

133.3
124.3
135.8
129,8

133,0
124.3
135 . 5
129 J

135.8
151.3
106.9
141.6
152.3 ,

144,1
166.4
113,3
144.4
151 1
-

140.1
157.3
113.3
142.5
153.6

142.8
162,3
113.9
144.7
153.1

142.9
164.0
113,4
143.4
149.9

1 31 . 4
124.1 .
173.6
101.4
134.5

132.8

124 8
174.4
102,7
134.1

134.2
126.0
172,6
104.4
136.2

7.17 1 130.7
2.63
143.1
108.7
1.92
134.2
2.62
1.45 I 141.5

Equipment:
Siiisiness equipment , , .
Industrial equipment
Building and mining equip..
Manufacturing equipment
Power equipment

Materials:
Durable goods materials
Durable consumer parts
Equipment parts
Durable materials n e.c
Basic metal materials. . . . . . . . . .
Nondurable goods materials
Textile, paper, and ehem mat.
Textile materials
Paper materials
Chemical materials
Containers nondurable
Nondurable materials n.e.c
Energy materials
..
.
Primary energy
Converted fuel materials
. . .

. . ..

135.4
136.1
154.3
149.9
110.5
110. 1
139.4 1 136.6
144.8
146.1

136.3
128.0
177.7
106.5
135.3

128.2
121.2
168.3
99.9
130.8

131.2
149.3
5.86
175.9
3.26 I 153.6
1.93 \ 101.8 ! 112.9
.67
124.3
106.8

156.7
182.4
119.1
139.7

136.3 ) 145.8
173.5
157.8
101.9 11 104.1
131.4
130.6

139.8
165.0
100.3
131.5

142.3
166.6
103.8
134.8

143.9
168,5
105.5
134,7

81.4

$2.4

80. 0

78.4

SO. 5

80.1

79. S

128.4
124.6
140.7 S

139.8
134.6
150.9

134.5
136,0
146.9

116.3
129.7
150.6

132.6
141,8
157.1

127.9
140.2
157.7

130,6
141.4
156.9

128.3
140,9
156,2

20.35
4.58
5.44
10.34
5.57

117.7
118.4
114.7
119.0
115.0

134.6
130.5
141.8
132.7
129.2

132.7
117.5
146. 5
132.1
125.9

109.1

126.8

121.6
133.9
125.5
110.9

US. 4
111.7
125.7
117.4
102.0

121.9
116.7
127.5
121.3
105.7

123.6
118.5
128.5
123,3
108.7

10.47
7.62
1.85
1.62
4.15

132.9
137.1
113.8
126.9
151.6

142.2
147.8
120.0
132.6
166.1
138.2
111.3
121.9
111.4
134.7

142.6
148.0
110.5
132.4
170.8

126.6
129.0
100.6
113,2
147.9

146.3
151.1
115,1
130.8
175.1

142.8
147.5
118.0
126.9
168.8

144,$
149 . 7
116 2
129.7
172.4

147.2

137.1
114.2
119.2
109.5
131.0

127.9
108.3
117.2
108.3
128.0

142,7
119.9
120,2
107.1
136.2

139.0
118,3
120.8
107.9
136,6

141.6
117.3
120.0
106.8
136.1

141.3
115.4
119.3
106.3
1 35 . 1

127.7
125.5
139.7
119.2

115.5
125.5
144.3
117.2

129.4
128.8
148.2
120.2

127.8
128.9
147,1
120.8

128.2
128.8
14^.4
120.0

128.6
128.0
147.4
119.3

7.57

Intermediate products:
Construction supplies
Business supplies
Commercial energy products

117.1
128.9
122.7

142.4
129.9
159.7
113.1
144.8

6.77
1.44
3.85
1.47

Defense and space equipment

120.2
127.2
120.1

134.2
121.2
136.5
110.0
135.6

118.0
106.6
121.0
92.7
128,9

12.63

Commercial, t r a n sit, a nd fa mi equipment
Commercial equipment
Transit equipment.
Farm equipment,




100.00

19.79 i
4.29
15.50
8.33

Nonfood staples
Consumer chemical products
Consumer paper products
Consumer energy products
Residential utilities

230

...
. .

Nondurable consumer goods
Qlot lung
.
Consumer staples
Consumer foods and tobacco

Supplementary groups:
Home goods a n d clothing
Knergy, total .
Prod ucts . . . . '
Materials

....

6.42
6.47
1.14

79.9
1

1.70
1.14
8.48
4.65 i
3.82
9.35
12.23
3.76
8.48

130.2
109.0
120.3
112.4
129.9

132.2
121.9
128.3
125.2
136.2
142.9
120.3 ! 121.9

;

97.7
118.9
109.0
99.1

1

1

153.4
115.4
132.9
178,2

49.—Continued
!

1976

Grouping

Apr.

May

June

.......

July

Aug.

Sept.

Major market groupings

Oct.

Nov.

Dec.

i

128.7

129.7

129 8

130.7

131.3

130.6

130.2

131.5

133.0

128.0
726.7
135.4
113.5
135.1
129.7

128.9
136. 9
U6.5
113.7
156.2
130.8

129.0
726.5
136:0
114,2
136.7
131 0

129.7
727.4
136.1
115.3
138.4
132.1

130.1
128.0
137.0
115.6
138.4
133.0

129.4
726.9
135.7
114.8
138.7
132.4

129 .2
726.7
135.9
114.2
138.8
131.8

131.3
729.3
138.4
116.8
139.0
131 9

133 4
737.5
141.3
118.0
140.5
132.0

141.0
155.5
152.2
134.4
163.7

142.9
153.5
152.8
133.8
155.6

142.7
155.9
155.6
136.3
156.9

747.5
156.1
155.3
134.4
158.3

144.2
157.8
157.5
137.3
158.4

138.7
147.6
139.2
121.Q
168.6

138.9
147.8
136.3
120.2
176.6

743.7
161.6
154.0
138.4
180.5

750.5
178.8
176.9
156.3
183.4

133.0
116.7
119.0
143.0
137.8

137.0
122.7
125.4
142 6
142.4

135.3
116.3
118.8
142.5
142.6

133.4
106.9
110.4
142.7
143.9

136.5
120.5
123.2
145.0
141.7

133.8
113.1
116.6
146.3
139.8

133.9
115.7
118.5
146.2
138.6

133.7
114.9
117.3
143.6
139.9

134.5
110.3
112.3
144.7
143.6

733.2
126.5
135.0
128.5

133.8
127.9
135.3
129.7

733.2
125.8
135.4
129.1

134.0
123.4
136.9
131.6

734.2
120,7
137.9
131.9

734.5
121.5
138.0
132.6

734.7
123.3
138.0
133.1

736.2
123.1
139.8
132.4

737.6
124.1
141.3
131,8

142.5
162.9
114.1
142.8
148.3

141.8
162.0
J13.8
142.0
146.7

142.8
165.3
111.9
143.1
147.6

143.2
164.5
112.8
144.0
150.7

144.9
168.9
113.9
143.3
149.3

144.2
169.2
111.9
142.9
148.4

143.7
168.3
110.9
142.9
148.7

148.2
173.7
114.2
147.6 !
153.9

152.3
177.5
116.6
153.1
162.1

734.4
126.1
172.9
105.4
134.3

134. 8
127.4
175.5
106.4
135.9

736.2
128.4
177,7
107.0
135.4

737.9
128.7
179.1
107.5
134.9

737.6
128.1
180.3
107.2
132.2

137.0
129,5
1SOJ3
108.2
135.8

735.7
129.6
181.2
108.1
136.0

140,1
131.1
181.5
109.9
137.0

742.3
132.3
183.7
110.8
137.9

144.0
170.0
104.1
132.7

143. S
169.5
103. 3
133.3

145.2
171.4
106.1
131.0

148.7
174.9
108.4
137.5

148.6
176.2
106.4
136.7

145.8
176.8
98,2
131,4

142.6
177.5
97.6
102.0

150.6
179.6
107.8
132.4

154. I
184.3
108.0
140.3

78.4

78.1

77.5

77.5

78.5

77,6

78.0

77.6

77.2

128.9
141.1
155.9

132.2
140.2
155.6

132.9
140.4
155.7

134.1
142.7
159.2

134.9
141.8
157,7

134.1
143.2
157 .5

134.8
142.8
155.4

135.8
141.9
156.2

135.5
145.3
162.7

725.4
119.8
130.5
125.2
110.8

727.3
123.4
133.0
126.1
114.8

128.0
123.1
134.4
126.9
114.9

131.0
126.1
136.3
130.4
118.6

737.4
125.9
138.1
130.6
120.0

729.9
123.6
138.3
128.3
113.7

128.3
118.4
138.0
127.5
112.0

128.2
126.2
137.2
124.4
105.5

128.7
126.3
138.8
124.3
104.8

747.3
152.8
116.4
132.1
177.2

147.1
151.5
117.8
131.9
174.2

146.5
151.2
115.4
132.1
174.5

745.7
149.3
115.9
129.1
172.2

746.3
150.6
114.9
132.2
173.5

147.6
152.4
114.6
131.2
177.6

747.5
152.5
112.6
132.1
178.3

747.3
151.4
110.0
131.0
178.1

145.8
150.3
113.7
127.6
175.5

141.9
119.8
118.5
104.5
135.5

143.3
122.3
119.4
106.8
134.7

144.3
118.5
119.1
107.4
133.4

142.8
120.4
118.8
106.7
133.5

143.9
121.7
120.1
107.9
134.9

143.5
122.1
119.9
108.4
134.2

141.7
122.4
120.8
108.6
135.5

145.9
121.3
121.9
106.7
140.3

143.8
119.8
123.4
107.0
143.4

130.1
127.2
146.7
118.5

132.9
127.6
146.0
119.4

130.9
127.6
146.8
119.1

128.8
128.0
148.5
118.8

129.2
128.5
147.7
120.1

128.1
128.3
147.3
119.9

129.0
128.8
146.8
120.8

128.8
130.6
150.2
121.9

129.7
133.3
156.0
123.4




Total index
Products
. . . . Fincil products
Consumer goods
Equipment
Intermediate products
Materials

..

Consumer goods:
Durable consumer goods
. Automotive products
Autos and utility vehicles
Autos
...
Auto parts and allied goods

. . . .

Home goods
Appliances A/C and TV
Appliances and TV
Carpeting and furniture
..
Misc home goods
. .

Nondurable consumer goods
Clothing
Consumer staples
Consumer foods and tobacco

.

....
. . .

.

. ...

..

.

. ..

Nonfood staples
Consumer chemical products
Consumer paper products
Consumer energy products
Residential utilities

. ..

Equipment:
Business equipment
Industrial equipment
Building and mining equip.
Manufacturing equipment
Power equipment

. . . .

Commercial^ transit, and farm equipment
Commercial equipment
.
Transit equipment
Harm equipment
Defense and space equipment
Intermediate products:
Construction supplies
Business supplies
..
Commercial energy products

. ..

Materials:
. . Durable goods materials
. . . Durable consumer parts
Equipment parts
Durable materials n.e.c.
. .
Basic metal materials
Nondurable goods materials
Textile, paper, and chem. mat.
Textile materials
Paper materials
Chemical materials

...

...
....

Containers, nondurable
Nondurable materials n.e.c.
Energy materials
Primary energy
. . . . . Converted fuel materials
.

Supplementary groups:
Home goods and clothing
Energy, total
Products
Materials

231

49. Industrial production—Continued
1967 = 100, except as noted; monthly data are seasonally adjusted.

SIC
code

Grouping

1967
proportion

1972

'507.4
U90.9
'277.5
U13.4

508.4
391.8
277.9
113.9

542.1
416.0
290,7
125.2

536.6
413.7
283.3
130.5

'116.6

116.5

126.0

123.0

1974

1973

1975

1976

1976

Jan.
Feb.
Mar,
1
Gross value of products in market structure (annual rates, in billions of 1972 dollars)

Products total
Final products . .
Consumer goods
Equipment
.

.

.

Intermediate products

505. 9
393.3
274.4
119.0 i
112.6

550.4
425.7
301.6
124.0

534.0
413.1
292. I
120.8

545.8
422.5
299.5
122.7

546.0
423.7
299 . 5
1 24 . 4

124.8

121.2

123.3

,22.,

Major industry groupings
12.05
6.36
5.69
3.88

125.5
113.1
139.4
146.4

129.2
114.7
145,4
155,6

128.7
115.3
143.7
154.9

128.5
112.8
146.0
160.8

131.6
114.2
151.0
167.6

131.4
113.2
151.9
167.3

131.9
113.6
152.4
16H.8

130.6
113.8
149.5
16$.*)

87.95
35.97
51.98 I

118.9
126.5
113.7

129,8
133,8
127.1

129.4
134.6
125.7

116.3
126.4
109.3

129. 5
140.9
121.7

124.8
137.5
116.0

127.1
139.9
118.4

128.0
140.3
119.5

.51
.69
4.40
.75 :

118.8
106.0
113.6
113.2

130,2
104.8
113.7
119.2

125.6
106.4
114.4
121,5

115.8
113.4
113.3
107.0

122.8
117.2
112.0
118.3

116.8
111.2
112.5
117.1

121.1
115.2
111.4
119.7

121.6
114.4
111,8
119.3

%

8.75
.67
2.68
3.31
3.21

116.8
105.7
132.7
109.4
128.8

120.9
112.3
142.9
117.3
137,4

124.0
109.8
132.8
114.3
134.5

123.4
111.8
122.3
107.6
116.3

132.3
117.9
136.4
122.2
133.0

129.2
117.3
137.7
120.6
130.3

130.7
118.8
138.4
122.0
S33.0

128.7
120,0
136.3
121. 2
133.5

27
28
29
30
31

4.72
7,74
1,79
2.24
.86

112.7
143.6
122.1
172.4 !
88.1

118.2
154.5
128.5
184.1
83.1

118.2
159.4
124.7 1
195.2
78.1

113,3
147.2
124.1
166.7
76.5

120.6
169.3
133.1
200.2
80.9

120.0
163.4
125.7
188.6
83.2

321.0
166.5
131.6
197.3
g3.4

121.0
169,6
132.0
203 . 5
84.4

19, 91
24
25
32

3,64
1.64
1.37
2.74

84.2 !
120.8
130.6
120.8

81.3
126.0
143,7
133,5

78.9
116.2
137.6
133.1

76.6
107.6
118.2
117.8

72.7
125.1
132.7
137.1

75.0
122.5
133.2
130.7

74.6
123.3
133.0
130.2

74.0
121.1
131.7
133.8

33
331, 2
34
35
36

6.57
4.21
5.93
9.15
8.05

112.1
107,1
112,1
116.0
122.2

126.7
122.3
124.7
133.7
143.1

123.1
119.8
124.2
140.1
143.8

96.4
95.8
109,9
125,1
116.5

108.9
104.9
123.3
135.0
131.6

98.2
92.8
116.6
129.4
125.1

104.0
100.7
120.9
131.5
126.6

104.9
99 . 4
120.3
133.0
127.9

37 1
371
372-9
38
39

9.27
4.50
4.77
2.11
1.51

108.2
135.8
82.1
120.4
127.2

118.3
148,8
89.5
137.7
137.7

108.7
128.2
90.4
144.1
137.5

97.4
111.1
84.5
132.3
128.3

110.6
140.7
82.2
148.2
143.5

105. S
127.0
85.8
142.0
139,5

109.1
135.3
84.3
141.8
140.7

111.0
140.5
83,3
144.4
142.3

Mining and utilities,
Mining
Utilities
FJectric
Af&nttfetcturing
Nondurable
Durable

,
.

Mining :
Metal mining
Coal
Oil and gas extraction
Stone and earth minerals
Nondurable manufactures:
Foods. . .
.
Tobacco products
Textile mill products
Apparel products
Paper and products

,

,...,.

..
,.

Transportation ecjuip
Motor vehicles and pts
Aerospace and misc. tr eq.
Instruments
Miscellaneous manufactures




, ... ....

1

1

!

i

Durable manufactures:
Ordnance, pvt. and govt
Lumber and products
Furniture and fixtures
Clay glass stone prod

232

20
21
22

.

Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastic products
Leather and products

Primary metals . .
.
Iron and steel
Fabricated metal prod..
Nonelectrical machinery
Hlectrical machinery

10 !
11, 12
13
14

..

....
....

1

49.—Continued

1976
Apr.

May

June

July

Aug.

Grouping
Sept. i

Oct.

Nov.

Dec,

Gross value of products in market structure (annual rates, in billions of 1972 dollars)
544.4
421.3
298.7
122.7

549.7
425.0
301 5
123.6

550.4
425.9
302.1
124.0

552.7
427.1
301.4
125.7

555.5
429.8
303.5
126.4

548.2
421.5
299.4
121.9

548.1
421.6
300.4
121.3

558.7
432.6
306.4
126.4

571.2
443.8
315.1
128.4

123.3

124.7

124,7

125.5

126.0

126.6

126.2

126.4

127.1

„

.

Products total
Finttl products
, . Consumer goods
Equipment
Intermediate products

Major industry groupings

129.1
112.6
147.6
163.4

130.5
113.8
149.1
165.8

130.8
114.6
148.7
165.1

130.3
112.7
150.0
166.8

131.3
114.0
150.5
167.6

13J.$
115.$
149.6
166.0

132.5
116.1
150.8
167.0

133.8
115.3
154.6
171.8

135.4
115.4
157.9
176.1

128.4
140.4
120.3

129.7
140.6
122.2

129.8
140.6
122.4

130.7
140.3
124.0

131.2
140.4
125.0

130.5
142.3
122.4

129.8
141.9
121.4

131.4
143.0
123.4

132.5
143.3
125.0

122.6
114.4
110.3
117.5

121.6
119.2
111.5
116.7

120.6
122.7
112.3
116.5

124.2
104.8
111.9
116.5

124.5
112.6
112.2
118.8

123.2
121.3
113.1
119.2

126.1
126.4
112.5
120.0

124.5
122.1
112.3
120.8

126.8
120.6
112.8
118.0

129.4
119.1
137.2
122.7
133.8

132. 0
114.5
139.7
126.9
135.3

131.4
122.4
137.7
124.5
136.2

134.5
114.5
137.7
120.2
131.0

134.8
114.8
135.1
117.5
134.6

134.6
115.4
136.4
119.5
132.1

134.8
118.3
134.2
122.9
132.3

134.3
119.6
133.3
122.7
132.5

132.9
119.2
133.7
124.9
131.4

122.0
168.7
132.4.
198.2
84.9

120.5
167.2
133.4
186.8
88.5

119.7
169.2
135.0
189.1
81.4

121.2
167.6
134.1
191.2
81.1

120.6
169.7
133.8
189.3
78.3

120,6
171,3
133j9
212 t 4
77.9

119.3
170.7
130.3
211.1
77.2

119.7
173.7
135.8
215.5
75.8

123.0
173.1
138.9
216.9
74.2

71.8
122.8
131.7
134.8

71.5
123.0
131.0
137.4

71.5
120. 3
130.1
138.9

72.9
124.6
131.6
137.5

73.6
127.9
133.8
137.6

73lO
128.7
133.6
137.9

72.3
129.6
134.5
139.9

71.6
129.5
133.7
143.2

71.3 . .
128.1
135.7 . .
142.8

107.9
105.0
121.4
133.5
129.9

113.9
111.2
121.4
134.1
131.7

113.5
112.5
114.0
134.1
131.5

117.7
115.0
124.6
137.9
131.4

118.3
116.0
125.8
136.4
135.4

113.0
108.6
126.5
136.8
133.9

109.9
105.1
123.5
134.3
135.0

104.6
100.3
126.7
137.5
135.7

101.5
93.4
128.1
141.5
135.1

110.8
141.4
82.1
145.4
140.8

112.6
144.1
82.9
149.0
145,3

112.8
146.9
80.7
149.5
145.9

112.8
147.5
80.2
151.3
148.4

114,6
149.7
81.6
149.5
142.3

104.7
130.6
80.3
148.7
143.7

104.3
128.4
81.6
150.2
142.4

112.7 L H7.4
155.0 . . . .
145.5
81.9
81.7
155.8
150,3
143.7
146.8




Mining and utilities
Joining
. .Utilities
Electric
Mftnufoctufing
.Nondurable
Durable

. . . ..
.

Mining :
M.etal mining
Coal
Oil and gas extraction
. . Stone and earth minerals

..

.
,

Nondurable manufactures:
. . Foods
Tobacco products
.Textile mill products
Apparel products
.Paper and products
.Printing and publishing
Chemicals and products
Petroleum products
Rubber and plastic products
Durable manufactures:
Ordnance pvt and govt
. . Lumber and products
Furniture and fixtures
... Clay glass, stone prod.

.

.

.

.
,

,

Primary metals
. . Iron and steel
Fabricated metal prod.
Nonelectrical machinery
Electrical machinery
Transportation eouip
Motor vehicles and pts.
Aerospace and misc tr eQ
, Instruments
Miscellaneous manufactures

..

233

50. Summary of U.S. international transactions
Millions of dollars; quarterly figures are seasonally adjusted except as noted.

1972

Item

1974

1973

1975

19 72

1976

Ql

Q2

Q3

Q4

1 Merchandise exports
2 Merchandise imports
3
Merchandise trade balance 2 . . .

49,381
55,797
-6,416

71,410
70,499
911

98,310
103,679
-5,369

107,088
98,058
9,030

114,692
123,916
-9,224

11,791
13,489
-1,698

11,696
13,296
-1,600

12,493
14,027
-1,534

13,401
14,985
-1,584

4 Military transactions, net
5 Investment income, net
6 Other service transactions, net

-3,621
4,320
-239

-2,287
5,178
102

-2,083
10,227
812

-883
6,007
2,163

391
10,538
2,696

-890
910
-121

-991
984

-850
1,133

-890
1,293
-57

7 Balance on goods and services s , . .

-5,954

3,905

3,586

16,316

4,401

-1,799

-1,667

-1,251

- 1,238

8 Remittances and pensions
. ..
9 U.S. Govt. grants (excluding military) . . .

-1,675
-2,173

-1,945
-1,938

-1,710
-5,475

-1,727
-2,893

-1,866
-3,139

-413
-586

-420
-558

-392
-573

-449
-457

-9,802

22

-3,598

11,697

-604

-2,798
-2,217

-2,645
-2,812

-2,216
-3,672

-2,144
-1J02

-1,568

-2,645

365

-3,463

-4,295

-211

-271

-518

-566

32
547
^703
153
35

209

-1,434

-607

-2,530

-i?2
-1,265
3

-66
-466
-15

-78
-2,212
-240

429
544
-178

-237

9
-33
233

10 Balance on current account
11
Not seasonally adjusted

.....

12 Change in U.S. Govt. assets, other than
official reserve assets, net (increase, — ) . . .
13 Change in U.S. official reserve assets (increase, — ) .
14
Gold
15
SDR's
16
Reserve position in the IMF
17
Foreign currencies. .
....
...

18 Change in U.S. private assets abroad
(increase, — ) . .
.
-8,708 -13,998 -32,323 -27,523 -36,195
19
fiank-reported claims
-5,50(5 -5,930 -19,494 -13,487 -20,742
20
Long-term
.
.
...
-933
-1,183 -2,373 -2,098
-1,307
21
Short-term
- 5 , 047 -IS, 311 -11,114 -18,644
-2,199
22
Nonbank-reported claims .
-1,054
-3,221 -1,522 -1,772
-2,378
-14
21
Long-term
-441
-474
-396
-243
24
Short-term
...
...
-2,747
-1,081 -1,758
-811 -1,982
25
U.S. purchases of foreign securities, net. -618
-8,682
-6,206
-1,854
-671
26
U.S. direct investments abroad, n e t . . -3,530
-4,968
-5,000
-7,753 -6,307
27 Change in foreign official assets in the
United States (increase, +)
28
U.S. Treasury securities
29
Other U.S. Govt. obligations. . .
30
Other U.S. Govt. liabilities «. . .
31
Other U.S. liabilities reported by U.S.
banks
32
Other foreign official assets »
33 Change in foreign private assets in the
United States (increase, 40
34
U.S. hank-reported liabilities. . .
35
Long-term
...
...
36
Short-term
37
U.S. nonbank-reported liabilities.
38
Long-term. <
39
Short-term
40
Foreign private purchases of U.S.
Treasury securities, net
. .
41
Foreign purchases of other U.S.
securities, net
42
Foreign direct investments in the
United States net
43 Allocations of SDR's

234



-648
190
-346
536
-185
-64
-121
-318
-335

-2,410
-1,057
-360
-697
=247
20
-261
203
-1,315

-2,725
-2,55?
-412
-1,145

990

4,87$

/ , 793

-2,158
2,095

1,012
2,215

2,897

12,220
4,702
227
4,475
7,035
298
737

21,452
16,017
16,008
1,615
-212
1,827

8,427
647
-300
947
171
345
-174

15,022
10,974
172
10,802
-5SS
-1,017
429

i

-m$

-125
-255
-=28
-760

—2
141

"-2
195

829

4,677
62

1,477
123

1,520
699
200
499
-14
-59
45

3,017
1,673
83
1,590
250
208
42

1,488
410
-73
483
216
260
-44

4,39*7
7,972
-61
2,033
363
185
178

236
-89

25"
136

-34

-214

697

2,667

2,825

-3

-83

_12

64

4,507

4,041

378

2,505

1,250

1,059

961

718

1,769

380

2,656

2,745

2,437

561

-221

216

156

229

178

178

177

177

765

-390

-7,344

-52;

710

Statistical discrepancy in recorded data
before seasonal adjustment

MEMO ITEMS :
Changes in official assets:
47
U.S. official reserve assets (increase, — ) . .
48 Foreign official assets in the U.S. excl.
line 30 above, (increase, 4°)
49 Changes in OPEC official assets in the U.S.
(part of line 27 above)
50 Transfers under military grant programs
(excluded from lines 1, 4, and 9 above), .

-2,927
-1,082
-189
-893
-24$
-74
-174
-476
-1,121

5, 818
254

10,422
4,754
149
4,605
#75
594
221

-1 , 790

46

-177
-10

3,044

4,124
323

.

ll

18,107
9,301
566
5,013

1,638
185

-in

-177
-15
134

6,899
4,338
891
1,732

6,299
114
582
1,153

-,

-171
185
-245

10,981
3,282
902
724

10,705
8,243
257
383

-«

10,322
4,492

-2,207

4,557

4,570

10,495

-2,107

4,557

4,570

10,495

209

-1,434

-607

-2,530

429

^231

-55

-111

10,257

5,166

13,094

3,133

854

4,737

1,598

10,841

7,108

9,517

1,817

2,232

400

1,245

982

1,290

976

5,145
2,809

50. Summary of U.S. international transactions—Continued
Millions of dollars; quarterly figures are seasonally adjusted except as noted.1
19 73

Item

Ql

Q2

IS>74
Q3

Ql

Q4

Q2

Q3

Q4

1 Merchandise exports
2 Merchandise imports
3
Merchandise trade balance -

15 417
16,360
-943

16 960
17,208
-248

18 463
17,742
721

9ft S7fl

99 A&O

'yt'y

•

19,189
1,381

22,605
-145

25,700
-1,488

27,374
-2,338

26,602
28,000
-1,398

4 Military transactions, net
5 Investment income, net
6 Other service transactions, net

-822
1 324
-6

-776
1 208
-88

-536
1 163
137

-153
1 484
59

-515
i jo A
195

-615
2 n't't
120

-484
2 T ^T
250

-469
2 fAn
247

7 Balance on goods and services 3

-447

96

1,485

2 r 771

2,819

54

-215

929

8 Remittances and pensions
9 U.S. Govt. grants (excluding military) . . . .

398
-'361

408
-621

415
-494.

724
-463

371
-2,606

451
-1,399

dsn
-811

-660

_1 206
'399

933
1 023

576
/ 169

1 584
2 613

158
1 211

IQfi

1 A7f\

1 985

4 112

IrtO
/ 7J?J?

--574

-423

-608

-1,042

1,389

267

-354

=-937

220

17

13

15

210

358

1 003

7 ?7

29
244
85

123
728
152

20
84
241

9 922
7 577
-913
6 664
-588

9 453
4 729
-180
4 549
-793
—208
585
-699
-3,231

10 Balance on current account
11
Not seasonally adjusted
12 Change in U.S. Govt. assets, other than
official reserve assets, net (increase, — ) . . .
13 Change In U.S. official reserve assets (increase,, — )
14
Gold
15
SDK's
16
Reserve position in the IMF
17
Foreign currencies
18 Change in U.S. private assets abroad
(increase, — )
19
Bank-reported claims .
20
Long-term
21
Short-term
22
Nonbank-reported claims
23
Long-term
24
Short-term. .
25
U.S. purchases of foreign securities, net.
26
U.S. direct investments abroad, n e t . .
27 Change in foreign official assets in the
United States (increase, +)
28
U.S. Treasury securities
29
Other U.S. Govt. obligations.
30
Other U.S. Govt. liabilities '
31
Other U.S. liabilities reported by U.S.
!>anks
32
Other foreign official assets 5
33 Change in foreign private assets in the
United States (increase, +)
34
U.S. bank-reported liabilities
35
Long-term
36
Short-term
37
U.S. nonbank-reported liabilities
38
Long-term
..
....
39
Short-term
40
Foreign private purchases of U.S.
Treasury securities, net
41
Foreign purchases of other U.S.
securities net
42
Foreign direct investments in the
United States net
.
...

r*A

1

A'tQ

9
3

— 13

— 15

209

—6 209
—2 988
-273
2 715
+ 809
-136
—673
55
-2,467

—2 027
— 763
-326
—437
-202
-50
— 152
-86
-975

—948
299
176
123
-502
-155
—347
-196
-549

4 8l4
2 528
-510
2 018
-865
55
810
-445
-977

9 Q94
5 244
-178
5 066
-2,113
-128
— 1 985
-600
-1,137

588
-272
-1,485

3 854
1 944
88
2 032
273
— 138
411
-282
-1,900

9 990
1 812
726
217

—344
-2,746
188
442

—692
-1 550
2
199

2 655
3*401
*334
296

— / 072
— 893
229
66

4 648
2 948
136
158

3 149
—905
391
418

4 256
2 132
604
82

997
239

1 688
84

657

784

—22
6

1 341
64

3 246
__1

1 253
185

547
— I 670
153
-1 823
246
244
2

3,207
2,265
78
2,187
54
60
-6

3,392
979
28
951
454
182
272

5 075
3* 128
-32
3 160
281
— 188
469

6,977
4,466
155
4,311
354
—41
395

6 401
4,176
7
4,169
390
-364
754

4,462
3,765
-40
3,805
239
-160
399

3,611
3,610
— 113
3,723
632
353
279

-118

— 13
233

-185

-204

293

136

-240

200

601

1 718

489

1,173

662

712

363

227

-925

371

583

990

711

1,309

1,712

31

-307

—2 769
699

503
-149

-7,707
-1,671

1,868
1,123

2,167
1,191

757
-235

-925
-2,498

2,554
1,542

-3,468

652

-36

745

976

996

1,573

1,012

43 Allocations of SDR's
44 Discrepancy
45
Owing to seasonal adjustments
46 Statistical discrepancy in recorded data
before seasonal adjustment .
....
MEMO ITEMS :
Changes in official assets :
U.S. official reserve assets (increase, — ) . .
Foreign official assets in the U.S. excl.
line 30 above, (increase, +)
49 Changes in OPEC official assets in the U.S.
(part of line 27 above)
50 Transfers under military grant programs
(excluded from lines 1, 4, and 9 above) . .

47
48




220

17

-13

-15

-210

-358

-1,003

137

9,774

-786

-891

-2,951

-1,138

4,490

2,731

4,174

953

2,565

4,358

2,966

723

868

785

433

406

564

352

496

235

50. Summary of U.S. international transactions—Continued
Millions of dollars; quarterly figures are seasonally adjusted except as noted. *
19- 5

Item

Q3

Q2

Qi

1976
Q4

Q2

Ql

Q3

Q4

1 Merchandise exports
2 Merchandise imports
3
Merchandise trade balance 2

27 Q j g
25 570
1 448

25 851
22*568
3*283

26 562
24 483
2*079

27 557
25*437
2*220

26 997
28 324
1 327

28 378
29 914
1 536

29 600
32 387
2 yg7

4 Military transactions, net
5 Investment income, net
6 Other service transactions, net

-402
1 124
*438

-378
1 531
648

-115
1 682
*619

12
1 670
455

-15
2 286
475

-155
2 46H
781

339
2 784
860

7 Balance on goods and services 3

2,608

5,084

4,265

1,558

1,196

411
-748

434
-712

429
-615

4,357
433
-818

1,419

8 Remittances and pensions
9 U.S. Govt. grants (excluding military). . .

483
-635

45"*
-468

446
-1,479

227
.-=487
-55?

1 429
2 945

3 938
3 934

3 221
513

3 106
4 305

301
1 449

638
742

729
3 677

883

-899

-840

-772

-952

-684

-1,009

-1,450

-1,153

342
3t£

89

407

•>2$

21
-57
167

773
45
-237
-491

_y 57$

25
-95
-222

14
-798
-794

18
-716
327

- -29
-461
718

3 297
-617
608
-9
— 972
— 139
—833
-938
-770

10 375
-5\348
943
-4,405
— 972
— 379
593
-2,361
-1,694

8 550
-3] 582
250
-3,332 i
— 751
— 187
564
-2,460
-1,757

7 288
-4,767
385
-4,382
— 962
146
— 1 108

— 1 606
-2347

25

2 771
l ' 069
307
499

3 942
1,998
68
1 482

320

134
762

—275
669

3 103
691
146
545
—68
10
-78

10 Balance on current account
11 Not seasonally adjusted . .

..

,..

12 Change in U.S. Govt. assets, other than
official reserve assets, net (increase, — ). . .
13 Change in U.S. official reserve assets (increase, — ) . .
14
Gold
15
SDR's
16
Reserve position in the IMF
17
Foreign currencies
IB Change in U.S. private assets abroad
(increase, -=•)
. . . .
19
Bank-reported claims
20
Long-term .
21
Short-term
22
Nonbank'-reporteci claims . .
23
Long-term
24
Short-term . .
25
U.S. purchases of foreign securities, net.
26
U.S. direct investments abroad, n e t , .
27 Change in foreign official assets in the
United States (increase, 4")
28
U.S. Treasury securities
29
Other U S, Govt. obligations
30
Other U.S. Govt. liabilities"
31
Other U.S. liabilities reported by U.S.
banks . .
.
..
...
32
Other foreign official assets &
33 Change in foreign private assets in the
United States (increase, 40 - • •
U S. bank~reported liabilities
Long-term . .
..
....
. .
Short-term
U.S. nonhank-fcported liabilities
Long-term
Short-term
Foreign private purchases of U.S.
Treasury securities, net
41
Foreign purchases of other U.S.
securities net
42
Foreign direct investments in the
United States, net
34
35
36
37
38
39
40

*)a 7 i ' j
3 1 29 1
3*574
1

223
3[m(i
57$

ft IT

i

325
4 \
-307 !
-14

29
ig
-7
-6

6 777
-3,702
441
-3,261
36 3
22
341
-1,928
-1,510

7 074
-3,820
381
-3,439
59
55
4
-979
-2,334

3 402
5,298
494
444

2 331
'818
65
418

—3 203
369

591
439

—565
2 459
—45
—2 414
322
357
—35

1 576
776
—287
1 063
58
77
— 19

4 313
1 639
-114
1 753
-141

752

—423

2 125

213

453

344

385

738

1 038

1 030

131

476

780

-48

1,229

-728

422

3,735
1 328

98
— 39

-1,527
—2 561

2,258
1 275

4,310
958

2,407

137

1,044

983

3,352

S

371

525

1

j

—99
-42

1 454
675 i
—91
766
24
— 332
356

-lias?

-202 j

1

—6 824
-3,355
- 991
-2,362 :l
7^1
S3
668 ;
-2,743
-1,447

13 534
-9,038
=-470
-8,568
— 780
— 26
—754
-2,123
-1,593

4 IDS
2J66
316
797

2 999
1,261
66
1 746

7 06 J
3,876
116
988

115 '
691
'
3 225

— 598
524

1 7*>0
331

3 51$
-25
3 543
-248 '•
— 188 1!|
-60

5,248
1 766
67
1 , 699
—324
—28^
-39

5,095
5 015
221
4 , 794
—40
-212
172

—598 i

3,026

1

-56

68

21

i
1

712

155

1,907 •

1,163
-2 , 800

3J20
1,773

3,963

1,347

43 Allocations of SDR's
44 Discrepancy
45 Owing to seasonal adjustments
46 Statistical discrepancy in recorded data
before seasonal adjustment
MEMO ITEMS:
Changes in official assets:
47
U.S. official reserve assets (increase, — ). .
48
Foreign official assets in the U.S. excl.
line 30 above (increase, -{-)
...
49 Changes in OPEC official assets in the U.S.
(part of line 27 above)
50 Transfers under military grant programs
(excluded from lines 1, 4, and 9 above) . .

236



71
1,834

:

;
-325

-29

-342

89

-773

-1,578 '

-407

228

2,958

1,913

-1,977

2,272

2,460

3,308 !

1,253

6,073

1,007

1,706
'
1,202

2,399

1,996

3,491

3,339

1,687

56

177

50

99

797

J

156 1

1,000
95

51. U.S. reserve assets
Millions of dollars, end of period
19 72

Type

Total
Gold stock 1 .
Treasury,
Special Drawing Rights 2
Reserve position in
International
Monetary Fund 3
Convertible foreign currencies

Jan.

Mar.

Feb.

Apr.

12 879

12,330

12 270

12 285

5

e 10,206
e 10,132
1 810

9 662
9,588
1 810

9 662
9,588
1 810

9 662
9,588
1 803

5
5
5

587
276

582
276

586
212

391
429

May

June

July

Aug.

Sept.

Oct.

13 345

13 339

13 090

13 124

13 217

13 313

10 490
10 410
1 958

10 490
10 410
1 958

10 490
10 410
1 958

10 488
10 410
1 958

10 487
10 410
1 958

10 487
10 410
1 958

434
457

439
203

444
234

449
323

454
414

5

428
469

19 72

19 73

Feb.

Mar.

Apr.

May

June

July

Aug.

13,054

12 926

12 931

12 904

12 916

12 914

12 918

12 923

10,487
10 410
1,958

10 487
10 410
1,958

10 487
10 410
1,958

10 487
10 410
1,949

10,487
10 410
1,949

10 487
10 410
1,949

10 487
10 410
1,949

10 487
10 410
1,949

469
140

473
8

478
8

460
8

464
16

470
8

474
8

479
8

Jan.

Nov.

Dec.

Total

13,307

13 151

Gold stock T
Treasury
Special Drawing Rights 3
Reserve position in3 International
Monetary Fund
Convertible foreign currencies

10,487
10 410
1,958

10,487
10,410
1,958

459
403

465
241

19 74

, 19 73

Dec.

^ 14 367

14 373

14 378

* 11 652
'11,567
'2,166

11 652
11,567
2,166

11 652
11,567
2,166

547
8

552
8

Oct.

Total

12 927

Gold stock *
Treasury
Special Drawing Rights 2
Reserve position in
International
Monetary Fund 3
Convertible foreign currencies

10 487
10,410
1,949
483
8

Jan.

Nov.

Sept.

7

541
8

Feb.

Mar.

Apr.

May

June

14 565

14 643

14 588

14 642

14 870

14 946

11 652
11,567
2,166

11 652
11 567
2,166

11 652
11,567
2,166

11 652
11,567
2,157

1 1 , 652
1 1 , 567
2,163

1 1 , 652
11,567
2,195

688
59

757
68

761
9

824
9

Au$.

Sept.

Total *

14,912

15,460

15,893

Gold stock i
Treasury. .
. . .
Special Drawing Rights 2 - 4
Reserve position in
International
Monetary Fund a < 4 . . .
Convertible foreign currencies

11,652
11,567
2,227

11,652
11,567
2,200

11,652
11,567
2,282

1,021
12

1,384
224

1,713
246

Jan.

Feb.

Mar.

Apr.

15,883

15,948

16,132

16,256

16,183

11,652
1 1 , 652
2,374

11,635
11,635
2,403

11,621
11,621
2,444

1 1 , 620
1 1 , 620
2,423

11,620
1 1 , 620
2,393

1,852
5

1,908
2

2,065

2,194
19

2,168
2

Nov.

Dec.

15,890

15,840

11,652
1 1 , 567
2,306

11,652
11,567
2,329

1,739
193

1,816
43

Oct.

19 76

19 75

Total

4

Gold stock *
Special Drawing Rights 2 - 4
Reserve position in
International
Monetary Fund 3 ' 4
Convertible foreign currencies

1,005
94

19'75

19 74

July

989
66

May

Jurie

July

Aug.

Sept.

Oct.

16,279

16 242

16 084

16 117

16 291

1 1 , 620
2,438

11 , 620
2,418

11,618
2,329

11 , 599
2,321

1 1 , 599
2,301

2,217
4

2,179
25

2,135
2

2,169
28

2,144
247

Jan.

Feb.

Nov.

Dec.

16 568

16,592

16,226

16,622

16,661

1 1 , 599
2,365

11 , 599
2,336

1 1 , 599
2,335

11,599
2,376

11,599
2,376

2,191
413

2,234
423

2,212
80

2,314
333

2,390
296

19 76

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec,

Total 4

16 941

17 437

17 958

18 477

18 246

18 586

18,945

19,013

19,416

18,747

Gold stock 1
Special Orawing Rights 3 > 4 . ,
Reserve position in
International
Monetiiry Fund 3|4
Convertible foreign currencies

11,599
2 351

1 1 , 598
2 325

11,598
2 309

11,598
2 316

11 , 598
2 318

1 1 , 598
2 325

1 1 , 598
2,357

1 1 , 598
2,352

11,598
2,365

11 , 598
2,395

2,420
571

2,578
936

3,113
938

3,198
1,365

3,466
864

3,818
845

3,952
1,038

3,997
1,066

4,307
1,146

4,434
320




237

52. Selected U.S. liabilities to foreigners
Millions of dollars, end of period

1972

Holder and type of liability;
and official by area

~

I

Jan.

Mar.

'Feb.

Apr.

June

May

July

Aug.

Sept.

J

Oct.

To all foreigners
1

Total

69,067

71,009 [

69,995

72,113

72,208

Foreign countries
Official institutions l
Short-term, reported by
banks 2in the United
States .
U.S. Treasury bonds and
notes :
Marketable 3. 4
Nonmarketable
Other readily
marketable
liabilities 6
Commercial banks abroad:
Short-term, reported by banks
in the United States 2.6. . .
Other foreigners
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury
bonds and notes 3> 7
Nonmonetary international and
regional organi/ations 8
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury
bonds and notes 3

77,465

79,454

79,728

81,420

i

iiS44

International Monetary Fund

73,995 i

66,840
51,514

68,373
52,799

69,460
53.806 I

70,761
54,093

70,684
53,579

72,517
54,604

76,037
59,416

77,931
69,606

78,282
60,075

79,926
60,931

39,581

40,679 \

40,980

38,723

37,850

38,603

39,777 \

40,616

39,633 '

40,266

2,260
9,535

2,399
9,535

2,644
9,817

2,668
12,317

3,018
12,317

3,292
12,317

3,516
15,741

3,881
15,741

4,117
15,899

4,457
15,748

138

186

426

460

1

365 !

394 1

385

392

11,172
4,154

11,371
4,203

11,460
4,194

12,416
4,252

12,811
4,294 I

13,412
4,501

3,764

3,811

3,818

3,863

3,899 i

4,129

390

392

1,683

1,622

1,526
157

382 |

12,093
4,528 1!

12,856
4,469

4,158 il

4,091

!

376

389

395

372

1,549

1,447

1,429

1,478

1,428 j

1,465

1,391

1,279

1,268

1,317

157

158

161

!

1

161

168

368 i

1

370 [1

378

'

13,522 1
4,685

14,100
4,895

4,296

4,489

389

406

1,523

1,446

1,494

1,266 !

1,320

1,233

1,281

162 j

203

213

213

60,606
36,612
4,463
|
1,420
; 15,352
652
I
2,107

60,075
35,985
4,469
1 , 368
15,291
6^5
2,277

60,931
35,078
4,468
1,473
16,H05
616
2,491

July

Aug.

To foreign official institutions
Total
Western Europe 9 .
Canada
Lutin American republics
Asia . .
Africa
Other countries 10

..

51,514
30,266
3,974
1,402
14,430
426
1,016

52,799
31,190
3,981
1,330
14,792
449
1,057

53,806
31,588
4,052
1,323
15,191
457
1,195

53,579
30,935
4,316
1,476
14,967
458
1,427

54,093
31,358
4,181
1,492
15,249
477
1,336

54,604 1
31,910
4,486
1,473
14,572
533
1,630

1972
Nov.

59,416
36,370
4,446
1,393
14,727
572
1,908

:

j

1973
Dee.

Jan,

Apr.

Mar.

Feb.

May

1

June

To all foreigners
J

Total

82,373

82,862

82,032

87,770

"90,729

JS90.431

91,959 I

92,096

93,165

92,506

Foreign countries
Official institutions 1 .
Short-term, reported by
banks in the United
States a
U.S. Treasury bonds and
notes :
Marketable 3 4
Non marketable
Other readily
marketable
liabilities &
Commercial banks abroad:
Short-term, reported by banks
in the United States 2 > G . . .
Other foreigners
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury
bonds and notes 3 - ?
Nonmonetary international and
regional organizations s . . . .
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury
bonds and notes 3. , . . . .

80,648
61,127

81,235
61,526

80,440
60,797

86,150
68,476

1289,092
^71,336

i«88,799
"70,754

90,211
70,920

90,427
70,761

91,647
71 , 028

90,973
70, 521

40,045

40,000

38,535

45,414

46,929

"45,955

46,117 j

45,713

46,138

45,722

4,834
15,749

5,236
15,747

5,798
15,890

6,377
15,737

6,917
1=15,745

6,934
1315,876

6,934
15,873

6,934
16,050

6,934
15,950

6,90$
15,874

499

543

574

948

!

2,006

2,019

14,693
4,828

14,666
5,043

14,704
4,939

12,683
4,991 \

12,779
4,977

12,858
5,1S7

14,066
5,225

14,369 :
5,357

15,324
5,295

15,090
5,362

4,405

4,618

4,514

4,619

4,601

4,788

4,841

4,914 ,

4,921

5,027

423

425

425

372

1,745 i

1

1,996 ^
1

1,989

384

383

1,748

1,669

1,518

1,533

1,569

1,489

1,487

29

46

399 '

376

2,004

1,725

1,627

1,592

1.620

1,637

1,632

1,511

1,413

1,378

1,418

1,425 j

1,430

1,579

214

214

2,4

202

212 |

202

169

100 !

374

335

To foreign official institut ions
Total
Western Europe °
Canada
...
Latin American republics. .
Asia . . . .
Africa
Other countries 10 . .

238



61,127
34,608
4,289
1,444
17,372
694
2,720

61,526
34,197
4,279
1,733
17,577
111
2,963

60,797
34,146
4,201
1,729
17,034
673
3,014

68,476
40,773
4,290
1,896
17,907
809
2,801

1271,336
1^45,229
4,221
1,751
16,568
823
2,744

I

"70,754
1045,608
4,157
1,917
15,420
839 i
2,813 !

70,920
46,646
4,104
1,904
14,429
940 j
2,897

70,701
46,967 i
4,111 jj

1,99s) 1
13,734
992 ;,
2,898 1
il

71,028
47,140 il
4,043
2,075 i
13,692
928
3,150

70,521
47,260
3,836
2,015
13,637
738
3,035

52. Selected U.S. liabilities to foreigners—Continued
Millions of dollars, end of period

Holder and type of liability;
and official by area

1973

Sept.

Oct.

1974
Dec.

Nov.

Jan.

Feb.

Mar.

Apr.

May

June

To all foreigners
Total

91,988

93,076

92,457

92,490

90,116

92,082

95,847

97,941

101,450

104,189

Foreign countries
Official institutions l
Short-term, reported by
banks in the United
States 2
U.S. Treasury bonds and
nates:
Marketable 3
Nonmarketable "
Other readily
marketable
liabilities 5
Commercial banks abroad:
Short-term, reported by banks
in the United States 2 .e. , .
Other foreigners
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury
bonds and notes 3 > 7
Nonmonetary international and
regional organizations 8
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury
bonds and notes 3

90,369
69,811

91,256
69,7)6

90,447
67,434

90,487
66,861

88,195
63,979

90,276
64,259

94,380
65,719

96,613
67,277

99,816
68,295

102,390
70,132

45,174

45,212

43,791

43,923

41,566

42,053

43,505

45,195

46,209

47,465

6,914
15,708

6,929
15,586

6,207
15,587

5,701
15,564

5,229
15,618

5,192
15,619

5,192
15,627

5,020
15,629

5,013
15,629

5,013
16,074

2,015

2,0,09

1,849

1,673

1,566

1,395

1,395

1,433

1,444

1,580

15,039
5,519

15,967
5,553

17,292
5,721

17,694
5,932

18,153
6,063

19,794
6,223

22,128
6,533

22,547
6,789

24,644
6,877

25,119
7,139

5,172

5,179

5,311

5,502

5,614

5,813

6,133

6,372

6,511

6,776

347

374

410

430

449

410

400

417

366

363

1,619

1,820

2,010

2,003

1,921

1,806

1,467

1,328

1,634

1,799

1,553

1,767

1,962

1,954

1,852

1,693

1,206

1,164

1,389

1,654

66

53

48

49

69

113

261

164

245

145

65,719
42,872
4,195
2,967
11,643
1,249
2,793

67,277
42,742
4,309
3,540
12,372
1,402
2,912

68,295
43,054
4,302
3,409
13,006
1,620
2,904

70,132
43,304
4,201
4,022
14,011
1,854
2,740

To foreign official institutions
Total.......
Western Europe 9
Canada
Latin American republics.
Asia
Africa
Other countries 10

69,811
47,133
3,759
1,861
13,289
769
3,000

69,736
47,548
3,851
1,938
12,601
735
3,063

67,434
46,036
3,820
2,233
11,474
785
3,086

66,861
45,764
3,853
2,544
10,887
788
3,025

63,979
43,369
3,945
2,456
10,480
838
2,891

64,259
42,490
4,262
2,805
10,878
1,000
2,824

1974

July

Aug.

Sept.

Oct.

1975

Nov.

Jan.

Dec.

Feb.

Mar.

Apr.

To all foreigners
Total...,

107,277 110,193 110,916 112,280 115,979 119,240 119,164 118,340 119,624 120,083 121,226

Foreign countries
Official institutions l
Short-term, reported by
banks in the United
States 2
U.S Treasury bonds and
notes :
Marketable 3
Nonmarketable *
Other readily
marketable
liabilities 5
Commercial banks abroad:
Short-term, reported by banks
in the United States 2 . 6 . . .
Other foreigners
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury
bonds and notes 3<7
Nonmonetary international and
regional organizations 8
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury
bonds and notes 3

105,378 108,076 108,902 110,132 113,476 115,918 115,842 114,015 115,268 115,887 117,079
71,245 71,197 72,836 73,979 75,358 76,801 I 76,823 76,142 78,941 79,528 79,5^7
48,480

48,506

50,149

50,921

51,875

53,057

53,079

51,872

54,395

53,826

53,700

5,013
16,074

4,940
16,074

4,880
16,091

4,880
16,339

4,906
16,339

5,059
16,339

5,059
16,339

5,177
16,466

5,279
16,466

6,003
16,466

5,941
16,507

1,678

1,677

1,716

1,839

2,238

2,346

2,346

2,627

2,801

3,233

3,389

26,821
7,312

29,384
7,495

28,056
8,010

28,095
8,058

29,782
8,336

30,314
8,803

30,106
8,913

29,163
8,710

27,318
9,009

27,404
8,955

28,808
8,734

6,935

7,129

7,617

7,627

7,855

8,305

8,415

8,202

8,399

8,319

8,079

377

366

393

431

481

498

498

508

610

636

1,899

2^117

2,014

2,148

2,503

3,322

3,322

4,325

4,356

4,196

4,147

1,745

i>922

1,900

1,999

2,338

3,172

3,172

4,057

4,084

3,502

3,674

154

195

114

149

165

150

150

268

272

694

473

76,142
43,473
3 ,621
3,659
19,596
3,232
2,561

78,941
44,937
3,616
4,223

79,528
45,979
3,546
4,390
19,555
3,433
2,625

79,537
45,268
3,251
4,503
20,312
3,493
2,710

655

To foreign official institutions
Total..,
Western Europe a
Canada
Latin American republics.
Asia,
Africa
Other countries 10




71,245
43,105
4,125
3,951
15,260
2,055
2,749

71,197
42,436
3,953
4,157
15,580
2,272
2,799

72,836
42,769
3,819
4,444
16,300
2,849
2,655

73,979
43,163
3,805
4,046
17,330
2,946
2,689

75,358
43,337
3,706
3,768
18,688
3,203
2,656

76,801
44,328
3,662
4,419
18,605
3,160
2,627

76,823
44,328
3,662
4,419
18,627
3,160
2,627

20,359
3,356
2,450

239

52. Selected U.S. liabilities to foreigners—Continued
Millions of dollars, end of period

1975
Holder and type of liability;
and official by area

May

!

June

Aug.

July

!

1976
Sept.

Oct.

Nov.

Dec.

Jan.

|— -"
Feb.

To all foreigners
Total

122,488

122,347

123,268

124,798

123,903

124,054

127,162

126,552

128,165

131,803

Foreign countries
Official institutions l
Short-term, reported by
banks in the United
States 2
U.S. Treasury bonds and
notes :
Marketable 3 .
Nonmarketable *
Other readily
marketable
liabitities 5
Commercial banks abroad:
Short-term, reported by banks
in the United States <J - 8 . . .
Other foreigners ,
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury

118,195
80,219

118,326 118,674
81 , 089 i 80,346

119,913
79,917

118,934
78,768

119,132
80,682

122,622
80, 204

120,929
80,695

122,639
81,243

126,250
$2,369

Nonmonetary international and
regional organizations"
Short-term, reported by banks
in the United States 2
Marketable U.S. Treasury
bonds and notes 8

52,535

52,123

50,545

50,150

48 , 594

50,111

49,634

49,513

49,512

50,454

6,064
18,067

6,139
19,169

6,180
19,616

6,296
19,466

6,472
19,666

6,644
19,666

6,485
1&,726

6,671
19,976

6,882
20,051

7 ( 057
20 ( 051

3,553

3,658

4,005

4,005

4,036

4,261

4,359

4,535

4,798

4,807

28,936
9,040

Z7.954
9,283

28,997
9,331

30,382
9,614

30,320
9,846

28,487
9,963

32,226
10,192

29,516
10,718

30,935
10,461

33,120
10,761

8,416

8,628

8,621

8,943

9,145

9,224

9,482

10,017

9,754

10,048

624

655

710

671

701

739

710

701

797

713

4,293

4,021

4,594

4,885

4,969

4,922

4,540

5,623

5,526

5,553

3,914

3,968

4,445

4,804

4,902

4,583

4,471

5,292

4,934

4,521

379

53

149

81

67

339

69

331

592

1,032

80,682
45,353
3,044
4,258
22,413
3,018
2,596

80,204
45,095
3,218
4,056
22,271
2,951
2,613

80,695
45,683
3,132
4,450
22,551
2,983
1,896

81,243
45,749
3,416
3,552
23,816
2,724
1,986

82,369
45,09»
3 , 645
3,377
25,499
2,731
2,019

Aug.

Sept.

Oct.

Nov.

Dec,

To foreign official institutions
Total
Western Europe y
Canada
.
...
Latin American rep u b 1 ics . . .
Asia
Africa
Other countries I0 .

80,219
45,503
3,101
4,600
20,652
3,448
2,915

81,089
45,508
3,008
4,723
20,782
3,800
3,268

80,346
79,917
44,467
44,301
2,962
2,929
4,765
4,937
21,701
21,385
3,319
3,392
3,132 | 2,973

78 , 768
43,858
3,003
4,840
21,160
3,145
2,762

;

1976
Mar.

Apr.

May

June

July

To all foreigners
Total .

,

Foreign countries
Official institutions l
Short-term, reported by
banks in the United
States *
U.S. Treasury bonds and
notes:
Marketable s. 4
Nonmarketable
Other readily
marketable
liabilities 5
Commercial banks abroad:
Short-term, reported by banks
in the United States 2 - f l . . .
Other foreigners ,
Short-term, reported by banks
in the United States a
Marketable U.S. Treasury
bonds and notes 3-!' . . .
Nonmonetary international and
regional organizations 1 *
Short-term, reported by banks
in the United States z
Marketable U.S. Treasury
bonds and notes 3

129,540

136,669

139,007

135,216

139,179

138,769

140,834

143,728

144,643

151,329

131,713
86,725

133,072
86,085

136,093
86,827

136,411
S7J45

142,846
91,350

123,815
82,469

130,994
84,284

133,344
85, 68 3

129,269
85,192

132,434
85,933

49,522

50,560

51,613

50,039

50,496

51,246

49 , 654

49,017

49,273

53,478

7,788
20,051

8,245
20,151

8,508
20,151

9,225
20,251

9,519
20,151

9,835
19,801

10,800
19,803

11,027
20,876

11,367
21,131

11,788
20,648

5,108

5,328

5,411

5,677

5,767

5,843

5,828

5,907

5,974

5,936

30,482
10,864

35,203
11,507

36,367
11,294

32,642
11,435

34,752
11,749

32,853
12,135

34,641
12,346

36,940
12,326

35,384
13,282

37,429
13,567

10,104

10,743

10,548

10,634

10,918

11,224

11,475

11,399

12,312

12,591

760

764

746

801

831

911

871

927

970

976

5,725

5,675

5,663

5,947

6,745

7,056

7,762

7,635

8,232

8,483

4,770

5,519

5,514

5,365

5,671

5,649

5,966

5,102

5,506

5,450

955

156

149

582

1,074

1,407

1,796

2,533

2,726

3,033

86,827
41,933
3,389
4,086
33,438
2,415
1,566

87,745
44,075
2,406
4,087
33,906
1,925
1,346

91,850
45,855
3,406
4,B53
34,112
1,843
1,781

To foreign official institutions
Total
Western Europe 9 .
Canada
Latin American republics. . .
Asia . . . .
Africa
Other countries 10.

240



82,469
43,451
3,663
3,779
26,951
2,718
1,907

84,284
43,589
3,600
3,852
28,665
2,805
1,773

85,683
43,250
3,590
3,827
30,098
3,141
1,777

85,192
42,432
3,578
4,104
29,933
3,245
1,900

85,933
42,325
3,410
3,994
30,999
3,134
2,071

86,725
41,507
3,212
4,374
32,634
3,098
1,900

86,085
41,565
3,417
4,287
32,434
2,759
1,623

53. Short-term liabilities to foreigners reported by banks in the United States
By holder and type of liability
Millions of dollars, end of period

1972
Holder, and type of liability

Jan.
All foreigners, excluding the 1 International Monetary Fund
Payable in dollars
Deposits:
Demand
Time a
U.S. Treasury
bills and certificates 3
..
Other short-term liabilities 4 . . . ,
Payable in foreign currencies
IMF gold investment

8

....

Nonmonetary international
and
regional organizations 6
Payable in dollars . .
Deposits:
Demand
Time 2
U.S. Treasury bills and certificates .
Other short-term liabilities 7 . . .
Payable in foreign currencies
Official institutions,
other foreigners

banks,

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

56 443

57,326

57,649

56,280

55,828

57,461

57,294

58 , 884

58,684

60 136

56 Oil

56 , $53

57,133

55 , 786

55,329

56,941

56,813

58 , 429

58 , 206

59 598

6 157
4,225

6,019
4,334

5 986
4,431

6,453
4,502

6,569
4,653

7,211
4,830

7,320
4,746

6 631
4,867

6 927
4,939

7 071
5 J46

33 902
11,727
432

34,490
12,010
473

34,929
11,787
516

32,324
12,507
494

31,498
12,609
499

31,871
13,029
519

32,881
11,866
481

33,745
13,186
455

32,714
13,626
478

33 071
14,310
538

400
1 526

1,465

1,391

1,278

1,268

1,316

1,266

1,322

1,233

1 281

1 526

1 ,465

1,391

1,278

1,268

1,316

1,266

1,322

1,233

1 281

86
204

85
167

88
189

87
198

84
186

85
238

101
262

65
267

79
224

63
210

338
899

295
918

275
839

177
817

198
800

212
782

142
761

172
818

145
785

204
804

..
and

Payable in dollars
Deposits :
Demand
Time z
U.S. Treasury
bills and certificates 8
..
...
Other short-term liabilities 4 , . .
Payable in foreign currencies
Official institutions 8
Payable in dollars
Deposits:
Demand
Time 2
U.S. Treasury
bills and certificates 3
Other short-term liabilities 7 . . . .
Payable in foreign currencies
Banks and other foreigners

54 517

55 861

56 258

55,002

54 , 560

56 , 144

56 , 028

57 , 563

57,451

58,855

54 084

55 388

55 742

54 , 508

54,061

55 , 625

55,547

57,107

56 , 973

58,317

6 071
4,021

5,934
4,167

5 899
4 242

6,366
4,304

6,484
4,468

7,126
4,592

7,219
4,485

6,566
4,600

6,848
4,716

7,008
4,935

33,164
10,828

34,195
11,093

34,654
10,947

32,147
11,691

31,300
11,810

31,659
12,248

32,738
11,106

33,573
12,368

32,569
12,841

32,867
13,506

432

473

516

494

499

519

481

455

478

538

39 581

4Q 679

40 980

38 , 723

37,850

38 , 603

39,777

40,616

39 , 633

40,266

39 415

40 , 513

40,813

38,556

37,683

38 , 436

39,607

40 , 446

39,462

40,095

1,185
2 024

1,099
2,119

1,128
2,148

1,246
2,270

1,224
2,379

1,536
2,469

1,521
2,377

1,308
2,417

1,239
2,459

1,335
2,569

33,045
3,161

34,092
3,204

34,548
2,990

32,047
2,993

31,209
2,871

31,573
2,858

32,655
3,054

33,499
3,220

32,497
3,268

32,794
3,398

166

167

167

167

167

167

170

171

171

171

14 936

15 182

15 278

16 279

16,710

11 541

16 251

16,946

17,818

18,589

14 670

14 876

14 929

15 951

16 378

17 188

15 939

16,662

17,511

18,222

Banks » . .
Deposits :
Demand
...
Time 2
U.S. Treasury bills and
certificates
Other short-term liabilities 4 .

10,906

1 1 , 065

11,110

12,089

12,478

13,060

11,781

12,571

13,214

13,733

3 183
337

3,121
349

3,089
359

3,365
342

3,567
297

3,790
284

3,877
250

3,555
281

3,833
293

3,798
361

4
7,382

4
7,590

4
7,658

4
8,379

3
8,611

5
8,981

5
7,649

6
8,729

5
9,084

3
9,570

Other foreigners
Deposits :
Demand
...
Time 2
U.S. Treasury bills and
certificates
....
Other short-term liabilities 7 .

3 764

3 811

3 818

3 862

3 900

4 129

4,158

4,090

4,296

4,489

1,703
1 660

1 682
1 735

1,756
1 692

1,693
1,791

1,800
1 840

1,821
1,857

1 , 702
1,902

1,776
1,964

1,875
2,005

116
285

1,714
1 699
99
299

102
299

96
318

88
328

81
409

77
402

67
419

68
489

70
538

267

306

349

327

333

353

311

284

308

368

Payable in dollars

Payable in foreign currencies




.

241

53. Short-term liabilities to foreigners reported by banks in the United States—Continued
By holder and type of liability—Continued
Millions of dollars, end of period
19 72

Holder, and type of liability

Nov.

197 3

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

1 Aug.

i

All foreigners, excluding the J International Monetary Fund
Payable in dollars
Deposits:
Detviand
Time "
.
U.S. Treasury
bills and certificates 3
Other short-term liabilities 4 . . . .
Payable in foreign currencies

,,

Nonmonetary international and
regional organi /stions ^
Payable in dollars
Deposits:
Demand
Time 3
...
U.S. Treasury bills and certificates
Other short-term liabilities 7 ...

60 654

60 , 696

59 , 133

64,134 '

65 , 734

65,030

66,604

66 625

67 872

60 112

60,200

58,607

63 , 621

65,186

64,445

66,032 '

65 981

67 265 :! 66 715

7 Oil
5 379

8 290
5,603

7,453
5,503

7 , 607
5,442

8,121
5,489

8,367
5,574

9 115
5,724

32 774
14,948

31,850
14,457

30,134
15,518

37,947
14,190

36,440
14,396

35,965
16,126

548

584

572

7,787 !
5,501
36,522
13,811
1

[i

34,931
16,211

8 991
5 813

banks,

8 437
6 0^0

34 556 i 34 257
17,905 ) 17,971

543

496

526

575

1 512

1 412

1 380

1 418

1 426

1 429

1,579

1 569

1 488

1 487

/ 512

/ 412

1,380

/ 418

1 426

1,429

1,579 ^

1 569

1 487

95
242

86
202

118
168

133
140

114
130

119
108

141
US

1 48S '
\
206 "
113

380
794

326
799

279
815

287
858

260
922

221
980

148 '
1,176 !

H6
1,052

61
1,132

644

155
130
169
1,114

607

Payable in foreign currencies
Official institutions*
other foreigners

67 326

611

178
IIS

i

and

Payable in dollars
Deposits:
Demand
Time "
U.S. Treasury
bills and certificates 3
Other short-term liabilities"...
Payable in foreign currencies
Official institutions 8
Payable in dollars
Deposits:
Demand
..
Time "
U.S. Treasury
bills and certificates a
Other short-term liabilities ? . . . .
Payable in foreign currencies
Banks and other foreigners

59 143

59 , 284

57 , 753

62,716

64,309

63 , 601

65,024

65,056

66,383

5B 600

58,787

57,227

62,203

63 , 761

63,016

64,453 '!

64,412

65,776

6 915
5,137

8,204
5,401

7,334
5,335

7,654
5,360

7,493
5,312

8,001
5,381

8,226
5 , 460

8,960
5 , 594

8,784
5,699

32,394
14,154

31,523
13,659

29,855
14,703

36,235
12,953

37,687
13,269

36,219
13,415

3S.817 1
14,951

34,762
15,096

65,839
:

1

65,229
8,259
5,935

34 ( 440 34,196
16,853 I 16,839

543

496

526

513

548

584

644

607

611

40 045

40 000

38,535

45,414

46 , 929

45,955

46,117 i

45,713

46,138

45,722

39 874

39,829

38,364

45,243

46,757

45,768

45,931

45,526

45,948 \ 45,S94

1,271
2 643

1,591
2 880

1,406
2 875

1,757
2 841

1,544
2 837

1,715
2 920

1,720
2,949

1,941
^ 124

32,315
3,645

31,453
3,905

29 , 779
4,303

36,147
4,497

37,620
4,757

36,137
4,996

35,736
5,525

572

!

34,684
5,777

1,935
3,192 i

1,576
3355

!

34,118
6,545

34,360
6,461

171

171

171

772

172

n 187

187

187

189

127

19,097

19,284

19,218

17,302

17,380

17,646

18,907

19,343

20,246

20,118

18 726

18 958

18 863

16,961

17 003

17,248

18,522

18,886

19,828

19,634

Banks »
Deposits :
Demand ,
Time a , .
U.S. Treasury bills and
certificates
Other short-term liabilities 4 .

14 322

14 340

14 350

12 342

12 402

12,460

13,681

13,912

14,906

14,607

3 938
398

4 658
405

4 154
343

4 083 •
371

4

144
331

4,334
312

4,645
319

^,053
264

4,957
326

4,806
358

5
9,981

5
9,272

7
9,845

5
7,883

5
7,924

7,808

8 r
8,710 j

8
8,587

8
10
9,625 ! 9,433

Other foreigners
Deposits :
Demand
Time 2
U.S. Treasury bills and
certificates
Other short-term liabilities 7 .

4,404

4,618

4,514

4,619

4,601

4,788

4,841

4,974

4,922

5,027

1,706
2,096

1 955
2.H6

1,774
2,116

1,814
2,148

1,805
2,144

1,952
2,149

1,861
2,192

1,966
2,206

1,892
2,182

1,877
2,221

75
528

65
481

69
555

83
573

63
588

75
611

73 i
716

70
732

72 :
776

68
861

Payable in foreign currencies. . . . . .

572

325

355

341

576

398

555

457

418

483

Payable in dollars

242



53, Short-term liabilities to foreigners reported by banks in the United States—Continued
By holder and type of liability—Continued
Millions of dollars, end of period

All foreigners, excluding the 1 International Monetary Fund
Payable in Collars
Deposits:
Demand
Time U.S. Treasury bills and certificates 3
Other short-term liabilities *. . . .
Payable in foreign currencies
Nonmonetary international
and
regional organizations6
Payable in dollars
Deposits:
Demand
Time
U.S. Treasury bills and certificates
Other short-term l i a b i l i t i e s 7 . . .
Payable in foreign currencies
Official institutions,
other foreigners

banks,

197^\

197 3

Holder, and type of liability
Sept.

Oct. ,

Nov.

Dec.

Jan,

Feb.

Mar.

Apr.

May

June

66,937

68,126

68,356

69,074

67,185

69,353

72,972

75,278

78,752

81,014

66 277

67 549

67 734

68,477

66 545

68 , 583

72 206

74 572

78 098

80 222

8,757
5 998

9,111
6,626

9,852
6,709

11,310
6,882

10,822
6,809

11,472
6,829

11,651
6,956

11,977
7 303

11,672
7 609

12 856
8 253

33 702
17,820

32,869
18,943

31,977
19,195

31,886
18,399

29 , 543
19,371

30,274
20,009

3 1 , 444
22,154

32 676
22,615

33 983
24,835

34 038
25,074

660

5/7

622

597

640

770

766

706

653

792

1,552

1,768

1,962

1,955

1,853

1,693

1,206

1,164

1,388

1,653

1,552

1,768

7,962

7,955

1,853

1,693

1,206

1,164

1,388

1,653

80
97

70
00

73
94

101
83

95
89

77
63

96
63

60
57

95
53

106
66

62
1,314

173
1,434

373
1,423

296
1,474

286
1,383

232
1,321

227
820

209
838

46
1,194

91
1,390

65 385

66,358

66,394

67,119

65,333

67,660

71,766

74,114

77,364

79 , 360

64,724

65 , 781

65,772

66,522

64,692

66,890

71 , 000

73,408

76 ,711

78,568

8 677
5 901

9 040
6 536

9 780
6 615

1 1 , 209
6,799

10,728
6,720

11,394
6,766

11,555
6,894

11,917
7,246

11,577
7,556

12,750
8,187

33 640
16,507

32,696
17,509

3 1 , 604
17,773

3 1 , 590
16,925

29,257
17,988

30,042
18,688

31,217
21,335

32,467
21,777

33,937
23,641

33,947
23,684

. .,
and

Payable in dollars
Deposits:
Demand
Time "
.
U.S. Treasury bills and certificates '
Other short-term liabilities 4 ...

660

$77

622

597

640

770

766

706

653

792

. . .

45 174

45,212

43 791

43,923

41 566

42 , 053

43 , 505

45,195

46,209

47 , 465

Payable IK dollars
Deposits:
Demand
....
Time ^
...
U.S. Treasury
bills
and certificates 3
Other short-term liabilities 7 . . .

45 047

45 , 085

43 , 664

43 , 795

41 , 439

41 , 926

43,378

45,067

46,082

47,338

1 633
3 226

1,811
3 846

2,036
3 802

2,125
3,911

2,380
3 705

2,408
3,703

2,631
3,800

2,922
3,949

2,352
4,025

2,643
4,277

33 554
6,634

32 613
6,814

31 529
6,298

31,511
6,248

29 152
6,202

29,917
5,898

31,064
5,882

32,312
5,885

33,731
5,974

33,745
6,673

Payable in foreign currencies
Official institutions s

Payable in foreign currencies. . . . .
Banks and other foreigners

127

127

127

727

127

127

127

127

127

jT27

20 211

21 , 146

22,602

23 , 196

23 , 766

25 , 607

28,261

28,920

31,155

31,895

29,678

20,697

22,107

22,727

23 , 253

24,964

27,622

28,340

30,629

31 , 230

Banks >
....
Deposits :
Demand
2
Time
U.S. Treasury bills and
certificates
Othur short-term liabilities 4

14 506

15,517

16,797

17,224

17,640

19,151

21,489

21,967

24,118

24,454

5 070
436

5,250
479

5 734
495

6,941
529

6 329
517

6,853
523

6,568
506

6,599
677

6,910
788

7,689
996

8
8,992

7
9,783

8
10,559

11
9,743

14
10,781

32
11,745

54
14,361

63
14,628

82
16,339

95
15,675

Other foreigners
Deposits:
Demand
T'imc "
U.S. Treasury bills and
certificates
Other short-term liabilities r

5 172

5,179

5 310

5,502

5,613

5,813

6,133

6,373

6,511

6,776

1,974
2,240

1,980
2,211

2,010
2,318

2,143
2,359

2,019
2,498

2,134
2,540

2,355
2,588

2,397
2,620

2,315
2,744

2,418
2,915

77
881

76
912

67
915

68
933

91
1,005

93
1,045

98
1,092

92
1,263

124
1,329

107
1,336

533

449

495

469

513

642

639

579

526

665

Payable ii/i dollars

Payable in foreign currencies




243

53. Short-term liabilities to foreigners reported by banks in the United States—Continued

By holder and type of liability—Continued
Millions of dollars, end of period

1974

1975

Holder and type of liability
July
All foreigners, excluding the International IVIonctary Fund *
...
Payable in dollars
Deposits:
Demand
Time "
U.S. Treasury
bills and certificates 3
...
...
Other short-term liabilities 4 . . . .
Payable in foreign currencies
Nonmonetary international and
regional organisations "
...
Payable in dollars
,..
Deposits:
Demand
..
Time "
U.S. Treasury bills and certificates
••
Other short-term liabilities 7 ...

banks,

Payable in dollars
,
...
Deposits:
Demand
Time 2
U.S. Treasury
bills and certificates :t
Other short-term liabilities 4 ...
Payable in foreign currencies

.,

Official institutions 8
Deposits:
Demand
Time »
....
U.S. Treasury
bills and certificates 3
Other short-term liabilities ? . . . .
Payable in foreign currencies

,..

Banks and other foreigners
Payable in dollars
Banks u
Deposits :
Demand
...
Time 2 .
U.S. Treasury bills and
certificates
Other short-term liabilities 4 .
Other foreigners
Deposits:
Demand
Time ™
U.S. Treasury bills and
certificates
Other short-term liabilities 7 .
Payable in foreign currencies

244



Oct.

Nov.

Dec 11

Jan.

Feb.

Mar.

83,981

86,941

87,722

88,642

91,850

94,847

94,771

93,294

94 196

93 051

86,195

87,026 '

87,924

91 , 106

94,081

94,004

92,573

93 463

92 369

12,222
8,643

11,841
9,103

12,769
9,252 |

11,228
9,822

12,860
9,567

14,068
10,106

14,051
9,932

12,282
9,959

12,129
10,089

1 2 , 267
9 919

34,178
28,271

33,179
32,072

33,467
31,539

34,187
32,686 \

35,212
33,467

35,662
34,246

35,662
34,359

38,108
32,224

40 428
30,81?

40 094
30,OH«)

666

746

744

766

766

721

733

6&?

1 745

1 921

1 900

2,000 1

2 339

3,171

3,171

4 057

4 085

3 502

1,745

1 921

1 900

2,000

2,339

3,171

3,171

4 057

4 0%5

? 502

121
66
51
1 508

81
68
146
1 627

128 ;
69
75
1 629

125
92
93
1,690

128
95
285
1,S30

139
111
497
2,424

139
111
497
2,424

123
1 11
1,234
2,589

118
102
1,260
2 604

189
1 16
77?
? 419

.

and
...

Sept.

83 315

Payable in foreign currencies
Official institutions,
other foreigners

Aug.

696

,

719

..

82 236

85 019

85 822

86,643

89 512

91,676

91,600

89,237

90 112

89 549

81 ,570

84,274

85 127

£5 , 924

88 768

90,910

90,834

88, 516

89,379

88 867

} 2 , 1 02
8 578

1 1 , 760
9 035

12 641
9 183

1 1 , 1 04
9 730

12,732
9 472

13,928
9 995

11,912
9,821

12,159
9 848

12 Oil
9 987

12,078
9 801

34,128
26,763

33,033
30,446

33,392
29,910

34,094
30,996

34,927
31,637

35,165
31,822

35,165
31,935

36,874
29,635

39 , 1 69
28,212

39,31 6
27,670

666

746

696

719

744

766

766

721

733

682

48 , 479

48 506

50 149

50 921

51 874

53 , 057

53 , 079

51,872

54 395

53 826

48 , 352

48 379

50 022

50,794

57 747

52,930

52,952

57 , $72

54 t 395

53 826

2 562
4 445

2 474
4 429

2 825
4 282

2 168
4 400

2 472
4 058

2 951
4 257

2 951
4,167

2 185
4,201

2 058
4 , 206

2 321
4 203

33,749
7,596

32,687
8,789

32 955
9,960

33,634
10,591

34 467
10,751

34,656
11,066

34,656
11,178

36,531
8,956

38,865
9,266

39,075
8,224

127

127

127

127

127

127

127

33,757

36,514

35,674

35,722

37,638

38,619

38 , 520

37 , 364

35,717

35 723

33 218

35 895

35 105

35 130

37 021

37 980

37 881

H 644

34 984

35 042

26 282

28 766

27 488

27 504

29 166

29 616

29 467

28 442

26 185

26 723

7 105
1 165

6 890
1 456

7 096
1 637

6 361
1 908

7 622
1 807

8 248
1 942

8,231
1 910

7,349
1 952

7 132
2 001

7 015
1 742

204
17,808

200
20,220

258
18,497

268
18,967

253
19,484

232
19,254

232
19,094

172
18,969

155
17,297

101
17,865

6 936

7 129

7 617

7 626

7 855

8 304

8 414

8 202

8 199

8 119

2 435
2 967

2 396
3 150

2 721
3 264

2 574
3 422

2 638
3 608

2,729
3 796

2,729
3 744

2,625
3 695

2 820
3 780

2 740
3 858

175
1,359

145
1,437

179
1,454

193
1,438

207
1,402

277
1,502

277
1,664

171
1,710

149
1,650

140
1,581

539

619

569

592

617

639

639

721

733

682

53. Short-term liabilities to foreigners reported by banks in the United States—Continued
By holder and type of liability—Continued
Millions of dollars, end of period

1975

19 76

Holder, and type of liability

Apr.
All foreigners, excluding the International Monetary Fund *
Payable in dollars
Deposits:
Demand
Time 2
U.S. Treasury bills and certificates '
. . .
Other short-term liabilities 4 . . . .
Payable in foreign currencies
Non monetary international6 and
regional organizations
Payable in dollars . .
Deposits:
Demand
Time 2
U.S. Treasury bills and certificates
Other short-term liabilities 7 . . .

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec,

Jan.

Feb.

94,261

93,801

92,673

92,608

94,279

92,961

92,405

95,813

94,338

95,135

98 142

93,519

93,136

92,089

92,047

93,717

92,407

91 , 770

95,173

93 , 781

94 , 526

97 488

11 680
10 036

11,923
9,993

12,592
10,450

12,208
10,047

12,211
10,387

13,402
10,163

12,128
10,252

12,810
10,067

13 564
10,336

12 270
10 471

13 350
10 209

40 424
31,379

40,628
30,592

38,265
30,782

38,564
31,228

38,529
32,590

36,653
32,189

37,728
31,662

37,268
35,028

37,414
32,466

38 789
32,995

39 763
34,167

742

665

584

561

562

554

635

640

558

609

654

3,674

3,914

3,968 - 4,444

4,804

4,901

4,583

4,471

5,293

4,933

4,520

3 674

3,914

3,968

4,444

4,804

4,901

4,583

4,468

5,284

4,925

4 505

99
126

115
133

106
158

146
134

110
148

107
12,7

132
150

145
156

139
148

114
217

118
162

781
2,668

1,994
1,672

996
2,708

2 518
1,646

3,156
1,389

3 008
1,659

2,397
1,904

1,605
2,562

2,554
2,443

2,498
2,096

2 435
1,794

3

8

8

12

Payable in foreign currencies
Official institutions,
other foreigners

banks,

and

Payable in dollars
Deposits :
Demand
Time £
U.S. Treasury
bills and certificates a
Other short-term liabilities 4 . . ,

90,587

89,887

88,705

88,163

89,475

88,059

87,823

91,342

89,046

90,201

93,622

89,846

89,222

88,122

87,603

88,914

87,506

87,187

90,705

88,496

89,601

92 t 980

11,581
9 910

11 , 809
9 , 860

12,487
10,291

12,062
9 913

12,101
10,239

13,295
10,035

11,996
10,101

12,665
9,911

13,426
10,188

12,156
10,254

13,232
10,047

39 643
28,712

38,634
28,920

37 269
28,074

36,046
29 , 582

35,373
31,200

33,645
30,531

35,330
29,760

35,663
32,466

34,860
30,023

36,291
30,900

37,328
32,373

742

665

584

560

562

554

6J5

657

549

600

642

53 700

52,535

52,123

50,545

50,150

48 , 594

50,111

49 , 634

49,513

49,512

50 , 454

53,700
Payable in dollars
Deposits:
2 147
Demand
4,190
Time a
U.S. Treasury
bills
and
certifi39,376
cates 3
7,986
Other short-term liabilities 7 . . . .

52,535

52 123

50,545

50,150

48,594

50,111

49,634

49,513

49,512

50,454

2,175
4,277

2 564
4,274

2 488
4,051

2 493
4,102

2,444
3,886

2,448
3,877

2,242
3,579

2 644
3,423

2,445
3,291

2,695
2,908

38,387
7,696

37,016
8,269

35,805
8,200

35,102
8,453

33,339
8,925

35,004
8,782

35,242
8,571

34,182
9,264

35,645
8,131

36,761
8,091

Payable in foreign currencies
Official institutions8

. . .

Payable in foreign currencies
Banks and other foreigners
Payable in dollars

,

36,888

37,353

36,582

37,619

39,325

39,466

37,711

41,708

39,533

40,689

43,167

36,146

36,68$

35,999

37,058

38 , 763

38,912

37,076

41,071

38,983

40,089

42,525

28,271

27,370

28,437

29 , 820

29 , 766

27,851

31,590

28,966

30,335

32,478

6,850
1 582

7 066
1 830

6 877
1 619

6 903
1 623

7 962
1 656

6,780
1 565

7,584
1 544

7,534
1 942

6,808
1 979

7,417
2,036

105
19,733

99
18,375

91
19,850

88
21,205

89
20,059

100
19,406

135
22,327

335
19,155

369
21,180

275
22,749

28,067
Banks °
Deposits :
6,878
Domand
2
1 826
Time
U.S. Treasury bills and
120
certificates
Other short-term liabilities 4 . 19,242
Other foreigners
Deposits :
Demand
Time 2
U.S, Treasury bills and
certificates
Other short-term liabilities 7 .
Payable in foreign currencies




8,079

8,417

8,629

8,622

8,943

9,146

9,224

9,482

10,017

9,754

10,048

2 556
3,894

2,784
4,001

2 857
4,187

2 698
4,243

2 705
4,513

2,889
4,493

2,769
4,659

2,839
4,788

3,248
4,823

2,903
4,984

3,120
5,103

147
1,483

141
1,491

154
1,430

150
1,531

183
1,542

217
1,547

226
1,572

287
1,568

342
1,604

277
1,588

293
1,532

742

665

554

560

562

554

635

637

549

600

642

245

53. Short-term liabilities to foreigners reported by banks in the United States—Continued
By holder and type of liability—Continued
Millions of dollars, end of period
19"'6

Holder, and type of liability
Apr.

Mar.

All foreigners, excluding the International Monetary Fund >
Payable in dollars
Deposits:
Demand . . .
Time "
U.S. Treasury
bills and certificates ;|
Other short-term liabilities ". . . .
Payable in foreign currencies
Non monetary internationaln and
regional organizations
Payable in dollars
Deposits:
Demand . .
Time "
U.S. Treasury bills and certificates
, .
Other short-term liabilities 7 . . .
Payable in foreign currencies . . . . . .
Official institutions,
other foreigners

banks,

and

Payable in dollars
Deposits:
Demand
Time a
.
U.S. Treasury
bills and certificates 3 .
Other short-term liabilities 4 . . .

June

May

Sept.

Aug.

July

Oct.

Nov.

Dee.

94,877

102,026

104,041

98,680

101,837

100,972

101,736

94 305

101,259

103,309

97,989

101,164

100,303

707,034

13 090
10 337

14,243
10 226

1 3 , 846
10 088

14,135
9 967

14,708
10 245

14,193
10 180

14,793
10 644 1

14,658
10 548

15,811
10 757

\ 6 , 803
1 1 546

37,974
32,904

39,417
37,373

40,245
39,130

38 , 244
35,644

39,632
36,579

40,964
34,966

40,119 '.'! 38,934
35,478
37,552

38,643
36,484

40 , 744
39,03

572

767

732

697

673

66P

766

781

724

i

702

I

102,458 102,475 108,949
101,691 1G1 , 694 108,225

4,769

5,519

5,512

5,365

5,671

5,649

5,966

5,102

5,506

5 , 450

4 764

5 514

5 508

5 360

5 665

5 647

5 962

5 098

5 502

5 44$

130
192

140
193

91
185

258
160

483
192

379
148

331
151

256
164

287
199

290
208

2 495
1,947

2,739
2,442

2 876
2,356

2 236
2,706

3,129
1,862

3,475
1,639

3,196
1,482

^ 604
1,412

2,701
2,247

5

5

5

5

4

4

5

90,108

96,507

98 528

93 315

89 541

95 745

97 SOI

92 629

12 960
10 145

14 103
10,033

13 755
9 902

35,479
30,956

36,678
34,931

M 369
36,774

4,031
1,449 |

8

4

96 166

95,323

95,770

96,969 103 , 499

94 662

:i
95 072 '1

97,356

95 500

96 594

96 192 10? 779

13 877
9 807

14 226
10 053

13,814
10,032

14 462
10,493

14,402
10,383

IS S24
10 558

K» M3
11,138

36 008
32,937

36 504
34,717

37,489
33,327

36,088
34,029

35,738
36,070

35,039
35,072

38,042
36,886

6 ;

567

763

727

687

667

667

6P7

762

776

719

49 522

50 561

51 613

50 039

50 496

51 246

49 654

49,017

49 273

53 , 478

49 522

50,561

57 613

50 039

50 496

57 , 246

49,654

49,017

49 , 273

53,478

2 671
2 630

2 782
2,330

2 799
2 400

2 632
2 395

2 932
2,251

2 380
2,207

2 544
2,144

2,706
2 4 127

2 685
2,149

3 394
2,335

34,989
9,232

36,183
9,266

36,846
9,568

35,519
9,493

36,016
9,297

36,974
9,685

35,653
9,314 •'

35,241
8,943

34 , 656
9,783

37,675
10,075

Banks and other foreigners

40,586

45 , 947

46 916

43 276

45,671

44 , 077

46,115

48,339

47,696

50,019

Payable in dollars. . . .

40 019

45 184

46 188

42 590

45 004

43 475

45 47$

47,577

46 979

49,307

Banks 9
Deposits :
Demand
Time a
U.S. Treasury bills and
certificates
Other short-term liabilities 4 .

29,915

34,441

35 640

31 955

34,086

32,192

33,944

36,178

34,608

36,710

7,247
2 268

7,883
2,310

7,737
2 084

8,099
1 884

7,987
2 275

7,929
2 206

8,361
2,291

8,897
1 949

9,104
2 479

214
20,187

134
24,114

151
25,668

154
21,818

155
23,669

162
21,895

176
22,956

223
25,303

174
23,589

169
24,957

Other foreigners
Deposits:
Demand
Time u
U.S. Treasury bills and
certificates
Other short-term liabilities 7 .

10,104

10,743

10,548

10,634

10,918

11,223

11,474 i 11,399

12,312

12,591

3,043
5 247

3,439
5 392

3,219
5 419

3,146
5 527

3,307
5 527

3,505
5,618

3,686
5,771

3,335
5,965

3,943
6,461 !

4,015
6,524

276
1,538

361
1,551

372
1,538

335
1,626

333
1,751

353
1,747

259 '
1,759

274
1,824

209
1,700

198
1,854

567

763

727

687

667

667

762

776

719

Payable in foreign currencies
Official institutions 8 . . . .
Payable in dollars
Deposits:
Demand »
Time u
U.S. Treasury
bills and certificates a ,
Other short-term liabilities 7 . . . .

|

Payable in foreign currencies

Payable in foreign currencies

246



8,233
2,578 j

697

54. Short-term liabilities to foreigners reported by banks in the United States
By country
Millions of dollars, end of period

19"? 2
Area ,ind country

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Total

56 , 443

57,326

57,649

56,280

55,828

57,461

57,294

58,884

58,684

60,136

Foreign countries

54,517

55,861

56,258

55,002

54,560

56,144

56,028

57,563

57,451

58,855

28 361
261
728
177
156
3 234
6,972
167
1,700
306
702
299
187
803
3,256
36
7,908
35
1,367
13
54

28 948
252
779
179
150
3,311
7 , 724
164
1,693
424
675
282
177
871
3,099
34
7,598
40
1,438
11
4$

29 474
'257
888
191
140
3,103
7,670
147
1,568
823
674
267
183
964
2,935
42
8,089
54
1,411
9
58

27,311

27,019
283
864
203
131
3,027
5,500
159
1,572
860
669
284
206
1,010
2,709
40
7,954
88
1,388
13
58

28,287
254
962
215
148
3,514
6,'48 3
179
1,372
847
654
269
231
1,044
2,622
44
7,912
90
1,370
10
68

28 302
261
1,159
216
176
4,324
6,601
168
1,424
1,488
769
290
222
1,036
3,618
55
4,945
87
1,387
18
58

29,360
272
1,188
209
165
4,317
6,459
165
1,615
1,514
892
334
192
1,033
3,485
59
5,893
102
1,399
10
57

28 615
310
1 175
194
163
4,422
5,819
177
1,426
1,490
873
356
246
1,068
3,538
72
5,692
65
1,446
14
71

28 078
279
1 159
217
161
4,501
5,809
195
1,345
1 460
895
379
230
1,059
3,072
71
5,683
56
1,428
16
63

3,593

3,574

3,486

3,722

4,146

3,966

3,727

3,660

3,730

3,969

4 339
435
315
376
180
185
6
758
158
164
108
870
645
97
43

4 272
420
278
406
146
176
6
748
156
160
111
843
685
90
46

4,223
541
307
449
137
163
6
659
156
174
124
740
649
81
37

4,593
507
444
543
132
184

668
155
174
118
851
695
87
29

4,716
465
442
576
134
190
6
761
185
167
122
873
661
91
43

4,810
459
486
628
136
190
7
733
154
179
117
919
669
94
40

4,688
457
384
620
136
196
6
788
165
178
121
831
671
88
47

4,675
500
416
550
136
212
6
695
154
178
136
865
701
83
45

4,721
523
461
591
134
199
6
690
156
164
137
855
662
88
54

4 979
532
576
601
135
192
6
671
151
180
125
924
747
82
55

16 495

17 257

17 131

17,267

16,525

16,613

16,521

16,904

17,175

18,529

39
280
304
114
54
133
14,179
224
271
121

38
291
335
118
71
143
14,950
220

39
320
306
116
90
143
14,808
204
268
120

39
338
299
102
89
145
14,902
178
294
170

38
365
328
104
87
148
14,017
196
337
174

39
383
311
105
113
140
14,096
198
346
177

39
426
341
122
98
128
13,963
206
345
120

39
502
325
105
117
119
14,156
235
364
141

39
541
315
91
115
134
14,412
208
379
145

39
590
313
103
114
127
15,485
218
382
143

Europe
Austria . .
.
Belgium-Luxembourg
Denmark.
Finland
France
Germany.
G reece
Italy
Netherlands
Norway. .
.
Portugal . ,
Spain. . .
.
Sweden
Switzerland
Turkey .
United Kingdom
Yugoslavia
Other Western Europe »
U.S.S.R
Other Ha stern Europe
Canada. . . „

,

Latin America
Argentina
Bahamas 2
Brazil. . . .
Chile
Colombia .
Cuba.. . .
Mexico .
Panama .
Peru
Uruguay , .
Venezuela
Other Latin American republics. .
Netherlands Antilles 3
Other Latin America. .
Asia
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan)
Hong Kong
India
Indonesia
. . .
Israel
Japan
Korea .
Philippines
Thailand.
Middle East4 oil-exporting
countries ,
Other s. . .
Africa
Egypt

Morocco. .
South Africa
Zaire
Oil-exporting countries fl
Other ^
Other countries
Australia .
All other
Nonmonetary international and
regional organizations
International 7
Latin American regional
Other regional 8




267
116

276
866
218
151
3,043 i
5,482
163
1,623
878
655
279
219
981
2,941
36
7,954
94
1,386
9
56

774

708

717

714

729

706

733

802

797

1,016

599
14
10
53
12

646
13
9
73
13

640
13
9
70
22

661
15
11
79
14

635
18
8
70
16

731
19
11
76
18

768
17
11
92
27

729
19
9
65
15

770
23
9
71
18

700
23
10
57
14

510

538

526

542

522

608

620

622

649

595

1,129
1,087
42

1,165
1J24
41

1,304
1,257
47

1,447
1 404
43

1,520
1,482
39

1,737
1,692
45

2,022
1 977
45

2,234
2,187
47

2,441
2,372
69

2,600
2,553
47

1,926

1,465

1,391

1,278

1,268

1,316

1,266

1,322

1,233

1,281

1,475
306
146

1,000
316
150

941
301
150

808
333
138

802
329
137

819
347
150

793
300
173

831
335
155

746
329
158

794
320
167

247

54. Short-term liabilities to foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period

j

19 72

1973

Area and country

Nov.

Dec.

Jan,

Feb.

Mar.

Apr.

May

June

Total

60 654

60 ,696

59,133

64,134

65 , 734

65 , 030

66 , 604

Foreign countries. . .

59 143

S9 ,284

57,753

62,716

64 , 309

63,601

65,024

27 541
245
1 070
254
157
4,630
5 514
190
1,354
1,442
960
413
223
1 081
2,838
96
5,430
98
1,479
10
58

27 136

26 , 844
268
978
321
152
4,434
5,034
210
1,085
1,356
973
439
231
1,189
2,924
109
5,510
82
1,464
14
71

32,227
267
1,165
364
158
4,483
10,494
224
1,041
1,762
995
498
222
1,403
2,845
94
4,546
78
1,502 .,
21
65

36 , 492
281
1,257
400 1
142
5,000
1 2 , 990
223
968
2,532
1,018
518
256
1,483
2,901
105
4,657 :
58
1,619
14
71

36 , 926

3,826 a

3,206

5 366
638
292
643
132
210
7
783
193
176
140
996
840
81
236

5 474
695
263
648
136
218
7
800
201
167
138
1,052
828 1!
84
238 1

Europe
..
Austria
Belgium- Luxembourg
Denmark
Finland
France
Germany
Greece
Italy.'.
Netherlands
Norway
Portugal
.
Spain
Sweden
Switzerland
Turkey
.
United Kingdom
Yugoslavia
..
Other Western Europe ' , . , .
U.S.S.R
Other Eastern Europe

272

I 094

284
163
4 ,441
5 346
238
j ,338
j ,468
978
416
256
j ,184
2 ,857
97
5 ,011
117
,483 ,
11
81

July

Au s .

66,625

67,872

67 326

65,056

66 383

6*5 839

39,384
297
1,377
489
194
5,406
12,003
219
1,072
2,369
1 , 049
500
334
1 , 905
3,268
75
6,317
66
2,360
11
74

40 622
305
1 ,457
477
165
5,452
12,817
240
870
2,029
1 ,082
477
282
1,951
3,310
102
6,457
66
2,965
18
81

40 217

1,246
406
168
5,167
12,701
175
1,020
2,543
1,035
502
250
1,682
2,959
118
4,741
69
1,772
8
71

38 , 950
301
1 ,374
502
244
5,327
12 161
219
1,171
2,427
1,046
511
325
1,787
3,272
71
5,899
71
2,164
9
66

3,118

3,430

3,657

3,216

3,318

5 208
693
202
671
143
184
6

5 489
700
230
703
140 !
197
7
853
168
167 i
143
1,045
820
72
243 ii

5 SOB

6 335
6 , 548
734
757
452
797
921
770
141
115
200
200
7
10
925
920
187
196
180
190
180
128
1,055 , 1,067
784
746
68
78
649
408

292

3 , 799

? ,432

iMtin America
Argentina
Bahamas "
Bra/.il
Chile
Colombia
Cuba
..
Mexico
Panama
. . ...
Peru
.
Uruguay . .
Venezuela
Other Latin American3 republics.,
Netherlands Antilles .
Other Latin America

4 961
547
576
564
135
185
6
659
150
183
133
926
751
89
57

5 56$
638
540
605
137
210
6
831
167
225
140
1 ,078
861
86
44

Asia
China, People's Republic of
(China Mainland).
China, Republic of (Taiwan). . .
Hong Kong
India
Indonesia
Israel .
.
Japan
Korea
Philippines . .
Thailand
Middle East oil-exporting
countries *
Other 5

19 182

19,131

17,873

I B , 001

15,671

13,824 \

22,568

11,947

39
639
310
107
107
141
16,152
201
394
128

39
675
318
98
108
177
1 5 , 843
192
438
171

39
737
336
115
101
139
14,576
224
445
211

37
783
319
134
96
146
14,739
210
453
187

49
816
337
114
89
137
12,350
227
513
170

44
830
330 J|j
125
90
144
10,422
214 !
520 "
166

44
832
368
145
117
142
9,063
231
575
177

41
846
341
110
155
161
8,465
226
544
175

965

1 071

951

897

869

940

814

939

733

891

917

992
33
9
125
28 j

Canada

Africa
Egypt
Morocco. . . . . . . . .
South Africa.
Xaire
Oil-exporting countries
Other 5

24
11

6

Other countries
Australia
All other . ,
Non mo notary international and
regional organizations
International 7
Latin American regional. . .
Other regional 8

248



83
17

24
12
115
21

l
'<

f

i
'
I

n

i
'
«
;
B
f

21
9
111
18 i

28
8
104
23

788

;j

171
172
132
949
806 1:
76
216

17
13
125
22

U,596

6 241
808
56 S
7U
128
1
975
177
1 , 079
793
61
401

11 648

38 '
43
790
810
289 ,
356
141
101
176 j
140
159
146
8,134
8,011
219
217
545
541
146
140
958

1,037 !
29 i
15
169
21 '

I , i 39

862
41
10
10D
27

904
3,056
2,985
71

3,263
3,202
61

3,181
3,124
57

1,429

1,579

1,569

1,488

1,487

983
337
109

1,131
346
103

1,148
330
90

1,098 i
310
81 '
j

1,124
290
72

573

728

739

3,111
3,046

65

2,918
2,861
57

2 ,903
2,849
54

2,939 i
2,881 !
57 j

1 512

1 413

1 380

1 418

1 426

958
318
142

980
320
126

931
301
148

883

1J18
29
11
155
17

1

786

768
5,077
3,027
51

951
307
156

873

1,025
67
8
120
45

5 941
57
3,015
17

3,022
2,961
60

798

678 !
2,846 i
2,801
46

1,031
316
165

737
504
768
137
219
7
843
192
170
150
968
779
64
270

1 1*^1
*4*6
1S3
<i 246
12 912
216
1,510
1 945
1 ,055
472
237
1 871
3 226

803 \

683

54. Short-term liabilities to foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period

19 73

19-i 4

Area and country
Sept.

Oct.

Nov.

Dec.

Jan.

Total

66 937

68 126

68 356

69 , 074

Foreign countries

65 385

66 358

66 394

67,119

39 971
292
1,378
409
145
5,296
13,236
215
1,140
2 022
1,024
459
259
1 835
3,309
72
5,593
58
3,099
16
114

41 426
204
1,411
470
135
4,143
14,180
280
1,095
2.534
999
467
284
1,787
3,316
83
6,416
61
3,426
40
96

40 598
166
1,463
527
136
3,415
14,227
236
1,224
2,866
980
470
319
1,807
3,091
75
6,473
76
2,926
20
101

Canada

3,578

3, 6 $4

Latin America
Argentina
Bahamas
. ..
Brazil
. ..
Chile. .
.
Colombia
Cuba
Mexico
. ..
Panama
Peru
...
Uruguay
Venezuela
Other Latin American3 republics. .
Netherlands Antilles
Other L xtin America

6,299
898
593
700
128
167
7
1,044
207
178
114
941
795
65
463

6 ,351
790
456
745
138
207
7
1,029
235
152
115
1,130
746
70
532

11 408
40
802
349
99
254
173
7,687
213
482
143
1 165

1 139

1 138

1,202

1,306

1,196

1,445

961
34
11
132
19

919
34
10
103
26

1,034
63
14
109
24

1,056
35
11
114
87

1 ,059
72
11
97
42

1,277
72
12
119
30

1,593
52
17
148
42

Europe
Austria
Belgium-Luxembourg
Denmark
....
Finland
France
....
Germany
Greece
...
Italy . .
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
. ..
Turkey
United Kingdom.
Yugoslavia
Other Western Europe
USSR
Other Eastern Europe

....

....

l

. . . .

Asia
China, 1'eople's Republic of
(Chin i Mainland)
China, Republic of (Taiwan)
Hong Kong
India
Indonesia. .
Israel
Japan
Korea
Philippines
. .
Thailand
.
Middle East oil-exporting
countries ^
Other &
Africa .
Egypt
Morocco
South Africa . . . .
Zaire
Oil-exporting countries "
Other b
Other countries. . . .
Australia
All other
Nonmonetary international and
regional organizations
International 7
Latin American8 regional
Other regional . .




....

Feb.

Mar.

Apr.

May

June

67 185

69 353

72 972

75 278

78 752

81 014

65 333

67 660

71 766

74 114

77 364

79 360

40 742
161
1,483
659
165
3,483
13,227
389
1,404
2,886
965
534
305
1,885
3,377
98
6,148
86
3,352
22
110

39 002
210
1,593
527
178
3,241
12,307
262
1,195
2,522
961
482
264
1,975
3,281
221
6,460
77
3,125
26
92

38 542
279
1,662
456
160
2,967
12,357
238
1,119
2,502
962
486
304
1,973
3,513
146
6,202
94
3,007
20
96

40 622

169
2,852
12,275
343
2,243
2,547
993
450
267
1,733
3,791
96
7,400
78
2,946
29
122

41 272
248
1,804
358
140
2,767
13,032
288
1,386
2,507
923
450
288
1,475
4,228
92
8,055
82
3,003
52
95

43 591
'298
1,748
261
143
3,019
13,778
239
1,435
2,407
923
452
365
1,350
5,138
95
9,082
86
2,639
28
104

44 473
310
1,836
266
174
3 425
13,528
232
1,281
2 352
911
411
324
1 211
" 6,386
125
8,748
100
2,701
27
126

3,779

3,627

3,923

4,216

3,639

4,350

3,983

3,550

7,235
776
806
816
143
221
6
1,133
286
124
112
1,420
773
63
556

7,664
924
852
860
158
247
7
1,296
282
135
120
1,468
884
71
359

7,586
857
594
819
179
219
7
1,381
284
144
120
1,460
952
69
500

8,872
905
1,009
1,020
174
235
8
1,373
348
154
115
1,636
1,023
61
810

10,042
1,011
2,014
882
187
234
7
1,424
423
159
12t
1,736
1,095
68
681

9,873
1,070
1,334
782
226
225
6
1,390
438
160
121
2,297
1,140
63
619

10,406
1,193
1,947
753
193
225
6
1,422
551
162
132
2,248
1,051
94
428

10,754
1,378
1,498
798
240
217
6
1,413
550
166
121
2,707
1,071
122
465

10 779

10 510

10,839

10,702

11 , 769

12,960

13 , 880

14,369

15,491

37
779
363
105
169
279
7,069
198
479
163

40
764
383
71
160
330
6,736
210
497
180

38
757
372
85
133
327
6,967
195
515
247

38
735
389
152
186
337
6,430
222
570
336

39
715
416
183
175
311
7,457
204
604
471

38
641
452
133
240
302
8,327
180
595
607

39
573
453
177
305
275
8,686
253
642
536

39
620
512
264
220
267
9,080
234
731
517

33
688
462
225
257
256
9,440
262
772
524

1,942

1 , 886

2,572

1,709
68
15
83
43

1,968
71
20
122
52

2,193
84
39
102
58

327

1,581
380

765

747

824

808

837

1,044

1,335

1,500

1,703

1,911

3,168
3,106
62

3,228
3,169
59

3,238
3,183
55

3,190
3,131
59

3,059
2,986
74

2,984
2,917
66

2,909
2,849
60

3,031

2,979
52

3,047
2,980
68

2,900
2,831
69

1,552

1,768

1,962

1,955

1,853

1,693

1,206

1,164

1,388

1,653

1,182
299
71

1,402
300
66

1,609
291
62

1,627
272
57

1,536
257
61

1,404
228
61

918
226
62

895
217
51

1,093
226
68

1,305
227
122

249

54. Short-term liabilities to foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period
1974

1975

Area and country

Total .

,.,

July

Aug.

Sept.

Oct.

Nov.

83,981

86,941

87,722

88,642

91,850

94,847

94,771

93,294

94,196

93,051

91,676

91,600

89,237

90,112

89,549

48,667
607
2,506
369
266 i
4,287
9,420
248
2,617
3,234
1,040
310
382
1,138
9,986
152
7,559
183
4,073
82
206

48,813
607
2,506
369
266
4,287
9,429
248
2,577
3,234
1,040
310
382
1,138
10,139
152
7,584
183
4,073
82
206

82,236

Foreign countries

B

44,761
Europe
484
Austria
1,828
Belgium-Luxembourg
239
Ocnnruirk
203
Finland
. ..
3,763
France
12 602
Germany
. ..
222
Greece
1 327
Italy
. . 1
2,232
Netherlands
, .
878
Norway
..
429
Portugal
.
362 1
Spain
1,160
Sweden
..
.......
7,2f6 l
Switzerland.
.
134
Turkey .
8,565
United Kingdom
106
Yugoslavia
2,851
Other Western Europe l
27
U.S.S.R
133
Other Eastern Europe

85,019

85,822

86,643

89,512

44 , 9 32
530
1,937
251
229
3,624
11,873 1
298
1,101
2,234
894
422
303
1 , 049
7,850
106
9,087
100
2,871
26
147

45,468
597
1,933
268
219
3,574
9,337
293
3,138
2,498
1,023
435
377
1,096
8,393
100
8,725
151
3,122
40
149

44, 90S
568
2,047
285
223
3,933
8,623
255
2,748
3,009
1,131
411
347
1,071
8,974
121
7,582
136
3,263
44
136

46,313
557
2,295
338
262
3,835
9,102
213
2,192
3,177
1,181 \
338
332
1,103
9,378
102
8,198
105
3 , 434
33
140

DC,e,

3 595

3 250

3,754

4 226

3,725

3,517

10 971
1,252
1 546
778
279
264

11,361
1,105
1 232
'893
266
293

11 442
1,017
1 691
894
270
292
6
1,731
484
177
128
2,992
1,113
138
508

11,862
938
1,747
952
297
305
7
1,746
474
183
140
2,921
1,176
135
839

12,038
886
1,448
1,034
276
305

1,411
566 1
197
122
2,600
1,183
92
677

13 132
1,189
3 201
847
253
285
6
1 610
445
185
115
2 999
1,066
103
828

i
A sia .
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan). .
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines . . . .
Thailand
Middle East oil-exporting
countries ^
Other &

17,601 ]

Africa
Egypt
Morocco
South Africa
Zaire
, ,. .,
Oil-exporting countries 6 .
Other s
Other countries
Australia
All other

Coutititi
Latin America
Argentina
Bah a mas
Brazil
....
Chile
Colombia , . . . ,
Cuba
Mexico
.
. . .
Panama
Peru
Uruguay
Venezuela .
. .
Other Latin American3 republics,.
Netherlands Antilles
...

Non monetary international and
regional organizations...
7

International
Latin American8 regional. .
Other regional

250



1,647
511
182
120
3,217
1,214
123
553

i

1,770
488
272
147
3,413
1,316
158
519

Jan.

Feb.

Mar.

46t023 46,120 47,140
,
597
624
599
2,627
1 2,391
2,519
324
369
310
204
204
202
4,206
4,035
4,226
9,953 10,806
1 1 , 240
242
253
1M2
2,061
2,220
2,409
3,208
3,197 ! 3,414
874
826
843
303
310
288
320
!
379 I
358
1,132
1,215
1,209
9,547
! 9,673
8,938
169
243
131
6,685 i 6,219
7,039
187
168
158
.'
3,136
2,934
2,641
'!
65
59
35
1
172
120
218
3,400

3J83

3 , 44$

11,754
12,019
886
900
1,054
1,716
1,034 !
859
276
284
305
319
7
6
1,770
1,741
510
539
272 '
256
165
161
3,413
2,918
1,316
1,211
J58
155
589
954

11,954
894
1,557
927
281
317
6
1 , 807
503
238
178
3,351
1,263
133
499

11,812
822
1 ( 24H
1 ,061
25«
326
0
1,664
52H
225
177
3,501
1,348

21 , 799

2-0,464

52
1,036
546
177
1,083
476
10,938
327
642
327

55
1,044
528
183
497
511
11,414
311
745
455

3,520

1

14;?

501

18 085

19,076

19,874

21,162

21,073

21,130

21,380

39
772
470
172
863
226
9 ,99 1
215
762
451

40
842
490
131
785
211
9,912
277
715
403

40
822
621
158
943
217
10,136
304
748
362

43
797
470
140
1 , 600
218 1
10,407
313 1
726
328

45
808
551
156 1
1,363
279
10,891
309
731
333

50
818
530
261
1,221
386
10,897
384
747
333

50
818
530
261
1,221
389
10,931
384
747
333

50
977
558
179
1,327
419
10,473
315
702
337

3,639

4,277

4,726 i

4,832

5,696

4,633
813

4,623
845

5,000
1,043

5,273
923

3 , 743
977

2,403
91
54
170
46

2 627
105
63 !
156
46

3,244
73
79
157
43

3 , 333
109
73
138
41

3 , 604
109
59
155
82

2,042

2,258 i

2,893

2,973

3,199

3,551
103
38
130
84
2,814
383

3,551
103
38
130
84
2,814
383

3,666
105
71
150
66
2,858
416

3,812
106
81
188
41
2,944
451

3,858
92
65
191
38
3,041
430

2,906
2,848
58

2,994
2 , 926
68

2,918
2,847
72

2,859
2,788 |
71 '

2,845 !
2,759
86 '

2,831 i
2,742
S9

2,831
2,742 ,
89

2J4B
2,661
88

2,644
2,568
76

2,828
2,761
66

1,745

1,921

1,900

2,000 j

2 , 339

3,171

3,171

4,057

4,085

3,502

1,668
232
100

2,055 1
213
70 i

2,900
202
69

2,900
202 •'
69
•j

3,779
229
50

3,792
236
57

3,228
229
44

1,383 t
253
108

1,567
262
93

1

1,534
261
104

54. Short-term liabilities to foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period
1975

Area and country

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

. . 94 , 261

93,801

92 673

92,608

94,279

92,961

92,405

95,813

94 , 338

95,135

98 142

90,587

89,887

88 , 705

88,163

89,475

88,059

87,823

91,342

89 , 046

90 201

93 622

46,444
629
2,790
340
212
4,600
10 229
202
2 458
3 302
827
247
361
1 479
8 817
103
7 053
'l22
2,516
34
123

44,643
627
2,855
323
181
4,982
8 203
273
2 117
3 351
846
267
341
1 699
8 615
87
6 994
' 126
2,546
61
148

43 799 41 , 701
661
'627
2,962
3 048
325
'355 1
361
365
5,515
5,403
5
440
6 460
299
254
1,386
2 258
3 535
3,539
1 118
945
264
279
362
392
2 016
1 849
7,965
8 452
'124
106
6,417
6,461
106
83
2,560
2,562
29
62
370
181

42,880 41,310
704
726
2,871
2,845
308
311
406
396
5,493
5,950
5,277
4 839
307
361
1 016
1 386
3 332
3,301
1 052
982
268
207
288
459
2 209
2 201
8,282
8 048
134
'l!6
8,357
6 268
104 '
128
2,443
2,291
50
39
272
160

42,697
644
2,899
327
372
6,608
5 089
331
1 329
3,468
886
236
414
2 258
8,206
128
6,736
138
2,433
42
153

43,127
682
2 919
361
385
7,159
4 841
313
1 002
3 579
970
190
402
2 251
8 049
120
7 186
175
2,375
38
128

43 , 988
754
2 898
332
391
7,733
4 357
284
1 072
3 411
996
195
426
2 286
8 514
118
6,886
126
2,970
40
200

42 878
749
2 678
375
309
7,507
3 823
263
1 012
3 409
888
243
445
2 266
8,611
88
7,610
83
2,313
45
160

43 413
715
2 440
434
313
6,488
4 468
340
1 004
3 828
925
221
400
2 312
8,648
104
8,235
178
2,116
43
201

Apr.

Total

.

Foreign countries
Europe
.,,,,,..,
Austria
Belgium-Luxembourg
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe l
USSR
Other Eastern Europe

19 76

(

.

..

3 946

3 951

3,617

3,921

3,637

3,944

3,567

4, 091

3,076

3,885

4,721

13,153
886
1 946
1 077
'278
313
6
1 722
695
217
183
3 559
1,401
113
755

13,876
964
2 288
984
260
307
1 870
579
206
168
3 866
1,353
123
899

13,549
989
1 691
1 081
289
400
7
1 814
'546
219
155
3 726
1,506
134
991

14,549
1 061
1 991
*853
301
376
7
1 804
'657
228
189
3 964
1,410
104
1,603

14,970
1 054
2 190
921
280
367
7
1 818
649
208
160
4 242
1,364
105
1,604

14,976
984
1 503
1 016
293
379
7
1 864
752
245
208
4 247
1,462
119
1,897

14,297
1,135
2 221
1 083
270
366
6
1 948
765
247
168
3,531
1,399
113
1,046

16,173
1 150
2 989
1 075
366
287
7
2 175
840
249
175
3 188
1,362
118
2,191

14,942
1 147
1 827
1 227
317
417
6
2 066
1 099
244
172
3 289
1,494
129
1,507

15,652
1,208
3 190
1,191
248
484
6
1,886
1 145
219
185
2,711
1,431
129
1,620

16,023
1 134
2 940
1,135
248
536
6
2,034
953
223
204
2,571
1,450
142
2,448

Asia
,
20 257
China, People's Republic of
(China Mainland)
55
China, Republic of (Taiwan). . . . 1,045
Hong ICong
543
India
...
...
127
Indonesia
582
Israel
493
Japan
11,015
Korea
...
345
Philippines
660
Thailand
...
446
Middle East oil-exporting
4 042
countries *
Other.
905

20 381

20,300

20 953

20 , 932

21,189

21 , 030

21 , 774

21 , 539

22,505

24,134

49
1,006
596
168
279
538
11,128
341
662
342

65
1,071
598
145
365
472
1 1 , 246
361
697
370

50
1,015
540
133
527
369
1 1 , 692
366
632
284

55
1,054
577
214
289
343
11,235
374
669
255

94
1,058
741
214
234
322
11,148
342
604
207

104
1,063
684
194
612
364
9,954
400
580
194

93
1,051
683
181
418
342
10,790
386
593
193

123
1,025
623
126
369
386
10,218
390
698
252

263
1,015
667
203
762
325
10,556
395
601
279

224
1,072
682
324
583
312
11 , 764
382
616
224

4 410
862

4 005
907

4 647
697

4 949
919

5 256
970

5 955
925

6 157
885

6,461
867

6,469
970

7,018
933

3 872
112
66
159
57
3,070
408

3 897
*113
75
179
68
3 , 009
453

4 192
*514
75
141
61
2,965
435

3 732
253
76
132
53
2 785
433

3 866
295
81
147
49
2,872
422

3 651
188
74
254
56
2,649
430

3,385
185
60
177
49
2,447
466

3,377
255
53
108
87
2,372
502

3,373
343
68
169
63
2,239
491

3,091
177
77
218
68
2,135
416

3,131
180
67
133
53
2,208
489

2,916
2,856
60

3,140
3,069
71

3 ,249
3,185
64

3,308
3,231
77

3,189
3,114
75

2 ,989
2,912
78

2,846
2,766
80

2,800
2,713
87

2,128
2,014
114

2,190
2,046
143

2,201
2,070
131

3,674

3,914

3,968

4,444

4,804

4,901

4,583

4,471

5,293

4,933

4,520

3,365
220
90

3,661
169
84

3,694
180
94

4 173
181
90

4 500
215
88

4 621
186
94

4,303
190
90

4,217
193
61

5,064
187
42

4,629
219
86

4,180
271
70

Canada . . ,
Latin America
Argentina
. . . .
Bahamas
Brazil
. .
Chile. .
Colombia
. . .
Cuba
Mexico .
Panama
. .
Peru . .
Uruguay
Venezuela
Other Liitin American3 republics .
Netherlands Antilles
Other Latin America

Africa
Egypt
Morocco
... . .
South Africa
Zaire. ,
Oil-exporting countries 6
Other
Australia
All other
Nonmonetary international and
regional organizations
International 7 . . . .
Latin American8 regional
Other regional




....

251

54. Short-term liabilities to foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period
1976

Area and country

Mar.

Apr.

May

June

July

Aug.

Sept.

1

Oct.

Total

94 877

102 026

104 041

98 680

101 837

100,972

101,736

Foreign countries

90 108

96 507

93 315

96 166

95,323

95 770

41 154
*581
2 395
'678
334
6 218
4 195
261
1 298
3,397
798
209
386
2,287
8,659 i
106
6,732
222
2,199
38
159

41 651
585
2 332
681
350
4 864
5 830
289
1 464
3 281
915
213
462
2,352
8,965
113
6,593
179
1,989
34
161

98 528
'
41 112
577
2 213
649
403
4 537
5 206
299
1 378
3111
797
189
392
2,437
9,129
101
7,100
174
2,222
45
153

40 SOS
549
2 336
452
405
4 784
4,932
346
1 520
2,248
798 1
196
447
2,435
10,130
95
6,659
182
2,066
40
188

39 911
589
1 977
322
446
4 416
4,961
361
2,263
2,184
898
250
416
2,384 !
9,551 !
80
6,293
128
2,150
35
209

39 002
412
1 976
440 i
435
4,222
4,738
350
2,641
2 , 1 89
684 I
257
419
2,227
9,250
100
6,143
142
2,130
34
215

40 177
39 967
315
334
1 946
1 879
317
372
415
407
4 363
4 409
5,964
6 532
137
405
1,574
1 583
2,565
2 534
789
690
193
177
540
506
1,979
1,295
9,016
8,332
65
74
7,296
7,953
1 28
131
2,103 ; 2,089
70 1
HO
182
184

Europe
.
Austria
.
Belgium-Luxembourg
Ocnmark
Finland
.
.
France

..

Greece
Italy
....
...
Netherlands
Norway
Portugal
Spain
.
.
Sweden
Switzerland
, , ...
Turkey
....
United Kingdom
Yugoslavia
Other Western Europe * . . .
U.S.S.R
Other Eastern Europe

Nov.

Dec.

102 458 102 475 108 949
97 356

96 969

101 4M9

42 480 46 9 ^ ^
332
' 148
2 2to$
2 08*i
416
161
419
378
4 642 i 4 871
5 418
5 965
378
401
1 206
2 884
2 , 694
3 007
740
781
206
?19
%5
478
1,420
1 , 693
8,846
9 ,4? 3
88
166
8,400 | 10,001
147
188
2,672
2,639
84
51
204
255

4,126

4,173

4,997

3,789

3,995

3, $05

4,796

4,033

3,944

4 , 784

14,306
1,169
1,715
1,320
273
516
6
1,989
779
235
242
2,574
1,634
119
1,735

18,827
1 238
4.600
1 475
310 I
584
7
2 118
961
219
216
2 742
1,707
121
2,530

18,889
I 368
5,162
1 176
367
629
6
2 210
1,098
230
215
2 757
1 , 665
125
1,881

16 , 583
1 394
2,908
1 271
369
686
7
2 150
1,207
221
229
2 643
1,836
129
1,533

IS , 945
\ 407
4,838
1 308
296
762
2 095
1,050
235
219
2 747
1 , 790
135
2,057

17,600
1,510
3,006
1 , 200
298
772
7
2,287
1,387
239
226
3,092
1,703
149
1,723

19,065
1 374
4,817
1 323
298
804
6
2 475
866
247
233
2,644
1,676
160
2,142

17,684
1,293
2,685
1,168
315
922
6
2 , 860
1,188
243
238
1,009
1 , 740
157
3 , 860

J9,0(W
1 138
2 , 7H«»
1 4U
31S
1 017
6
2 848
1,140
21<*
24.S
1 060
2,062
140
2,14t

25 , 296

26 580

28 015

26 372

27 547

29 , 360

17,490 '
] ,437
2,628
1,132
325
767
6
2,348
912
236
244
3,208
1,750
147
2,348
•\
28,406

29 745

28 982

2$ 460

101
1,100
741
338
498
346
12,265
361
605
225

120
1,134
709
423
920 1
323 '
12 789
360
525
244

139
1,130
803
632
1 121
324 i
13 246
327
593
218 1

* 63
1,182
747
845
706
316
12 847
343
742
261

42
1,070
788
938
1 122
298
13 631
346
636
244

45
1,132
842
1,047
1,002
324
14,194
369
653
248

45
1,122
874
985
995
300
14,424
350
622
215

48
1.1H2
887
1,048
1 154
310
14,664
366
582
223

59
1,091
858
910
314
325
14,736
324
606
244

4?
985
892
648
340
385
14,380
417
627
271

7,748
968

8,017
1 017

8,498
984

7,317
1 003

7,311
1 121 i

8,127
1,376

7,198
1,276

7,741
1,540

8 , 1 24
1,391

8,073
1,371

3,099
314
78
186
104
1,919
498

3 , 262 1
231 1
16
177
50
2,256
532 1

3,472
197
44
202
64
2,423
542

3,591
211
77
161
43 •:
2,567
531

3 , 473
236
60
123
45
2,443
567

3,469
200
107
164 I
36
2,368
593

3,076
186
80
165
37
2,075
533

2JH2
213
85
183
45
1,732
524

2,281
171
72
132
64
1,321
521

2,300
333
88
143
35
1,113
587

2,126
2,001
125

2,075
1,931
84

2 , 043
1,950
93

2,173
2,066
107

2,296
2,185
111

2,087
1,964
122

1,824
1,711
114

1,763 1
1,645
119

1,598
1,486
112

2,019
1,911
108

Nonmonctary international and
regional organizations

4,769

5 , 519

5,512

5,365

5,671

5,649

5,966

5,102

5,506

5,450

International * .
Latin American regional
Other regional s . . , . . . .

4,450
191
128

5 260
150
108

5 238
165
109

5 050
189
126

5 383
176
112

5,285
168
196

5,613
154
199 '•

4,717
182
202

5,109
160
236

5,091
136
223

Canada . . .
Latin America
Argentina

. .

Brazil
. .
Chile
Colombia .
Cuba
Mexico
. .,
Panama
Peru
..
Uruguay
Venezuela . . . .
Other Latin American republics. .
Netherlands Antilles
Other Latin America
Asitt. . .
...
China, People's Republic of
(China Mainland)
China, Republic of (Taiwan). .
Hong Kong
India
,
Indonesia
Israel
Japan
..
I
Korea
Philippines . .
Thailand
Middle Eas* oil-exporting
countries *
Other
Africa
Kgypt
Morocco
. . . .
South Africa .
Zaire
Oil-exporting countries G .
Other .
Other countries
Australia
All other . .

252



1

1

i

1

55. Short-term liabilities to foreigners reported by banks in the United States
Supplemental "Other" countries l
Millions of dollars, end of period

Other Western Europe
Cyprus .
Iceland
Ireland Republic of

Dec.

Apr.

19 74

19 73

19 72

Area and country

Apr.

Dec.

Apr.

19 75

Dec.

Apr.

1976

Dec.

2
9
15

3
9
17

9
12
22

19
g
62

10
11
53

7
21
29

17
20
29

5
33
75

Other Eastern Europe
Bulgaria. , . .
Czechoslovakia
German Democratic Republic
Hungary
Poland
.*
Rumania

3
7
5
3
27
g

5
10
6
5
36
g

2
16
6
g
29
g

16
18
7
12
33
17

6
19
3
g
36
16

36
34
36
14
55
25

13
U
18
11
42
14

19
32
17
13
66
44

Other Latin American republics
Bolivia
Costa Rica
Dominican Republic
Ecuador
El Salvador ,
Guatemala
Haiti
Honduras
Jamaica . ,
....
Nicaragua
Paraguay2 . .
...
Surinam .
Trinidad and Tobago

53
70
91
62
83
123
23
50
32
66
17

87
92
114
121
76
132
27
58
41
61
22

65
75
104
109
86
127
25
64
32
79
26

68
86
118
92
90
156
21
56
39
99
29

102
88
137
90
129
245
28
71
52
119
40

96
118
128
122
129
219
35
88
69
127
46

93
120
214
157
144
255
34
92
62
125
38

110
124
169
120
171
260
38
99
41
133
43

15

20

17

17

21

107

31

131

23

36

127
100

242
109

201
354

116
449

100
627

1 311

17
18
2
5
2
88
9
2
16
3
60
25
15
4
58

25
24
72
2
3
93
10
4
39

22
24
9
12
2
124
101
6
28
3
62
58
16
10
105
2

11
11
12
42
4
243
168
6
515

55
54
11
5
59
2

19
23
20
17
3
114
26
4
36
3
55
59
10
3
93
3
236
53
6
8
98

334
141
13
25
88

303
165
13
32
98

.

Other Latin3America
Bermuda .
British West Indies

.

. ..

.

...

Other Asia
Afghanistan
Bahrain 4 , .
. .
Bangladesh
..
Burma
.
....
Cambodia
Iran 44
Iraq . . . ,
Jordan 4 . .
Kuwait
•.
Laos . . .
Lebanon
Malaysia .
Nepal 4 . .
Oman
Pakistan . .
-. . . .
Qatar 4
Ryukyu Islands
(incl Okinawa) B
4
Saudi Arabia
Singapore .
.
. . .
Sri Lanka (Ceylon) 4 . . . . . . . .
United Arab Emirates , . . ,
Vietnam

185

344
77
5
13
135

Other Africa
Algeria 4 , .
.
Ethiopia4 (incl Eritrea)
Gabon
Ghana .
Kenya
Liberia
Libya 4 4
Nigeria . . .
...
Southern Rhodesia
Sudan
Tanzania ,
Tunisia
Uganda
Zambia

31
29
*
11
14
25
296
56
2
5
6
7
10
7

32
57
1
10
23
30
393
85
2
3
11
10
7
28

51
75*
28
19
31
312
140
1
3
16
11
19
37

111
79
2
20
23
42
331
78
2
3
12
7
6
22

110
118
1
22
20
29
257
736
1
2
12
17
11
66

27

30

34

39

33

All other
New Zealand




. . .

.

,

,,

53
80
45

6
5

68
40
21
16
108
3

170

Apr.

Dec.

38
30
43

69
40
237

14

34
21

11
3

11

11

74
29

19
77
19

117
134
170
150
212
368
48
137
59
158
50
13
44

133
146
275
319
178
409
47
137
35
120
49
30
167

197

177

2 284

1 874

18

19

41

57

57

21
65
4

50
49
4

54
31
4

44
34
3

54
13
4

22

30

39

23

37

3
126
63
25

5
180
92
22

2
117
77
28

2
132
130
34

1
140
396
33

91

118

74

92

189

245
14

215
13

256
13

344
10

280
23

126

70

62

66

66

95

76

60

72

41

18
31
39

13

32
33

23
19
53

45
39
63

27
46
77

2
4
11
19
13
22

3
14
21
23
38
18

1
12
30
29
22
78

1
17
20
34
50
14

1
22
48
20
43
35

47

36

42

48

45

253

56. Long-term liabilities to foreigners reported by banks in the United States
Millions of dollars, end of period

1972

Holder, and area or country

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

1,085

1,103

1,151

1,168

1,157

1,093

1,067

1,068

986

1,023

Non monetary international and regional
organizations

537

555

foreign countries
...
Official institutions, including central banks. ,
Banks excluding central banks
,,
Other foreigners

449
138
254
58

Area or country :
Huropc
Germany
United Kingdom

Total

....

Canada
Latin America

629

651

686

693

688

650

612

615

252
79

456
127
252
78

453
120
253
80

465
129
253
83

476
127
267
82

469
117
269
84

443
88
269
86

455
99
269
87

453
97
26*)
87

244
164
50

263
164
67

262
165
67

264
165
67

266
165
66

265
165
66

267
165
68

267
165
68

270
167
68

270
16S

6
107

6
108

103

„
105

5
119

5
135

6
136

5
135

5
135

n*5

84

83

61

24

1

1

58
1

49

1

72
•

66

1

1

1

7

7

11

„

,4

11

11

11

«.
137

(,x

s

l

Middle East oil-exporting countries , . .
Other Asia 2 .
African oil-exporting countries 8
Other Africa *
All other countries

1972

Total

34°
*

•n
t

11

10

19 73

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

1,051

1,018

1,044

1,276

1,406

I t 397 i

1,379

1,467

1,525

1 , 530

Non mo notary international and regional
organizations

600

580

617

613

697

684

688

769

768

775

Koreign countries
Official institutions, including central banks. .
Banks excluding central banks
Other foreigners

450
94
269
88

439
93
259
87

427
74
257
96

663
304
258
100

709
328
269
112

713
329
274
111

691
313
274
104

697
311
274
113

757
311
305
141

755
322
305
127

Area or country:
Europe
Germany
United Kingdom

270
165
68

261
165
63

257
16S
61

456
164
59

464
164
66

471
164
68

463
164
68

466
164
68

498
164
68

497
165
68

5
134

136

8
127

8
118

7
133

7
128

8
115

2
125

11
145

9
143

33
1

33

31

72

97

97

i

1

98
1

95

1

99
1

96

1

1

1

1

7

7

4

7

7

7

7

7

7

Canada
Latin America
Middle East oil-exporting countries
Other Asia 2 . . ,
African oil-exporting
countries 3
Other Africa 4
All other countries

254



,

1

56. Long-term liabilities to foreigners reported by banks in the United States—Continued
Millions of dollars, end of period
19 73

Holder, and area or country

Total
Nonmonetary international and regional
organizations
.
...

IS>74

Sept,

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

1,502

1,473

1,469

1,462

1,491

1,509

1,566

1,678

1,644

1,635

...

758

735

753

761

821

888

951

1 025

1 005

974

Foreign countries
Official institutions, including central banks . .
Banks, excluding central banks
Other foreigners

744
318
302
123

738
312
305
122

717
313
287
117

700
310
291
100

670
310
269
90

622
259
277
86

615
259
268
87

653
294
270
89

639
296
269
74

661
321
268
73

Area or country:
Europe . ,
Germany
United Kingdom

495,
165
68

498
165
68

478
165
67

470
159
66

461
159
65

444
155
58

431
153
45

436
152
56

428
151
56

426
150
56

9
145

9
140

10
138

g
132

2
119

9
128

9
130

9
152

8
144

8
144

86
I

83

82

37
1

1

54
j

79

1

41
j

52

I

82
j

80

1

7

7

7

7

7

3

3

3

3

3

Canada a
Latin Amc rica

.

, ... . . . . .

Middle Bast2 oil-exporting countries 1 . .
Other Asia
African oii-exporting
countries 3. . .
Other Africa 4
All other rountries

..

19 74

Total
Nonmonetary international and regional
organizations . .

1

19 75

July

Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

1 673

1 498

1,367

1 293

1 354

1,285

1,400

1,480

1,602

1,553

978

1,005

920

849

905

822

840

770

794

620

Other foicigners

695
337
284
75

493
136
281
76

447
93
281
73

445
111
263
71

449
112
262
75

464
124
261
79

560
223
266
71

711
361
284
66

808
466
275
67

933
591
273
68

Area or country :
Europe
Germany
United Kingdom

442
155
$6

240
153
55

240
153
55

227
153
43

227
152
43

226
146
59

219
144
58

232
141
57

222
131
57

224
129
57

H
142

12
141

12
123

12
116

15
116

19
115

20
118

20
119

20
120

21
121

99

98

71

88

89

1
*

1
»

1
*

1
*

2
*

94
7
*
1
*

189
12
*
1
*

329
9
#
1
*

434
10
*
1
*

554
10
1
*

Foreign countries
...
Official institutions, including central banks. .

Canada
Latin America ...

..

...

Middle Hast oil-exporting countries *
Other Asia 3 ...
African oil-exporting
countries '
Other Africa 4 . .
AH other countries




*

255

56, Long-term liabilities to foreigners reported by banks in the United States—Continued
Millions of dollars, end of period
19 75

Holder, and area or country

Total
No n monetary international and regional
organizations.
...
Foreign countries
Official institutions, including central banks . .
Banks excluding central banks
...
Other foreigners
Area or country:
Hurope
Germany
United Kingdom
Canada
Latin America

...

.,

Middle East oil-exporting countries 1 . , .
Other Asia
African oil-exporting countries 3
Other Africa
...
All other countries ...

19 76

May

June

July

Aug.

Sept.

Oct.

Nov.

Dee.

Jan.

Feb.

1,587

1 550

1,633

1,586

1,608

1,525

1,561

1,812

1 898

1,882

579

512

1,008
671
268
69

1,038
701
267
70

219
123
57

432

372

1,200 i
861
262
77

1,214
871 j
263 |
81

218
120
59

220
121
61

21
121

22
121

639
6
*
1
*

395

311

297

415

306

286

1,213
873
261
79

1,214
868
263
83

1,265
894
288
83

1,397
931
366
100

1,592
1,002
467
123

1,596
1,025
463
107

221
120
61

221
118
61

226
118
61

231
115
66

330
214
66

436
314
66

432
312
65

22
121 ]

22
123

22 1
121

22
126

147

23
140

24
142

24
141

669
6 i
*
1

829
6
*
1

839
6

832
6
*
1

894
8
*
j

965
8
*
I

984
13
*
I

* i

*

*

841
7* i
1
*

16

t

1

„

857
*
1

*

,

*

19 76
F

Total
Nonmonetary international and regional
organizations
Foreign countries
.
Official institutions, including central banks . .
Hanks excluding central banks
Other foreigners
Area or country:
Germany
United Kingdom
Canada
Latin America

»

Middle Hast oil-exporting countries 1.
Other Asia
African oil-exporting countries 8
Other Africa
All other countries ...

256



Mar.

Apr.

May

June

July

Aug.

Sept.

2 095

2 110

2,097

2,218

2,271

2,242

2 , 206

182

197

135

189

235

1 914
1,317
481
115

1 913
1,357
425
131

1,962
1,404
421
137

2,029
1,465
423
141

2 036
1,454
438
143

431
306
74

446
309
83

442
306
83

447
308
84

39
147

24
108

24
104

1,280
15
*
1

1,310
24
*
1

1,374
16
*
1

1

1

1

246

214

1 996
1,402 1
445
149

1,991
1.3B6 I
446 11
159

451
307
85

458
311
88

24
107

26
117

26
122

1,433
16
*
1

1,423
17
*
1

1,369
20
*
1

1

1

1

1 '

1

Oct.

Nov.

Pec.

2,315

2,310

2,393

333

308

261

1,983
1,314
499
170

2 , 003
1,313
524
165

2,132
1,352
586
194

507
309
125

525
313
132

26
152

29
230

1 , 239
77
*
*

1,251
96
*
*

1

1

458 | 489 1
312
310
99 >
87
28
26 1
151
125 1
1,286
1,340
27
41
*
*
*
1
!>
1
1
i

57. Short-term claims on foreigners reported by banks in the United States

By country
Millions of dollars, end of period

1972
Area and country

Jan.

Feb.

Mar.

Apr.

May

Total

13 152

13,671

14 , 049

13,785

Foreign countries

13 149

13 666

14 045

13 782

2 127
g
71
50
137
306
200
30
165
91
72
14
83
125
147
4
514
20
13
33
44

2 350
It
102
54
139
339
252
25
181
101
71
14
88
125
181
g
546
15
16
37
48

2,417
11
78
55
138
332
258
29
229
116
73
14
105
130
164
3
543
25
17
47
51

Europe
.. ,
Austria
Belgium-Luxembourg
Den mark
Finland
....
France
Germany .
Greece.
Italy
Netherlands
Norway
Portugal
Spain
t
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
...
....
Other ^Vcstern Europe
USSR.
Other Eastern Europe

June

July

Aug.

Sept.

Oct.

Nov.

13 , 460

13 565

14,273

14,361

13,930

13 845

14 419

13 453

13 561

14 270

14 358

13 926

13 840

14 413

2,266
12
66
52
137
265
239
28
209
100
72
13
135
128
138
3
516
24
17
70
42

2,389
13
72
54
132
288
231
30
230
100
65
24
149
132
194
3
518
27
19
65
43

2 405
15
73
52
126
314
315
24
200
117
64
21
141
95
148
3
550
22
24
57
43

2 557
16
73
50
124
305
286
25
194
97
71
25
156
114
131
3
736
23
23
62
44

2,503
33
66
63
128
349
229
27
190
102
56
21
160
120
137
4
666
21
25
64
40

2,531
g
70
60
120
317
268
28
173
116
52
27
194
131
180
7
643
22
24
55
38

2 540
15
87
52
119
274
287
27
177
104
62
22
229
128
186
4
654
18
23
30
40

2 545
10
84
57
123
272
296
27
170
101
62
21
215
123
150
4
723
16
19
32
38

••

1 634

1,887

2,087

1,961

1,824

/ 555

2,299

2 482

2,024

1 676

1,695

Lcttin AmwicQ.
..
Argentina1
Bahamas
Brazil
Chile
Colombia
Cuba
. .
Mexico
Panama
...
, .
Peru
Uruguay
Venezuela
<
Other Latin American republics .
Netherlands Antilles 2
Other Lutin America . .

3 527
310
261
447
126
375
13
1,002
110
163
41
271
366
20
23

3,552
306
296
465
122
390
13
975
106
159
41
271
364
23
21

3,581
316
306
482
106
376
13
1,004
116
155
41
278
352
16
20

3 727
304
280
511
108
379
13
1,093
110
163
38
311
376
15
27

3,699
316
269
543
94
394
13
1 ,035
121
177
38
299
359
16
24

3 885
325
319
551
78
404
13
1,151
130
160
35
314
366
16
25

3,999
323
390
568
75
396
13
1,179
132
157
38
333
357
16
22

4 069
339
426
597
71
384
13
1,162
135
158
40
343
355
16
29

4,059
352
428
636
79
378
13
1 121
'148
137
43
335
345
15
28

4 049
363
372
657
58
384
13
1,126
143
138
36
361
353
15
32

4,187
357
403
631
53
396
15
1,168
177
147
38
386
368
13
33

Asia
... ....
China, People's Republic of
(Mainland)
China, Republic of (Taiwan). . .
Hong Kong
,.,.
India
Indonesia
Israel

5 381

5,393

5,485

5 327

5,015

4 891

4,871

4,800

4 773

5 030

5,393

1
123
61
22
37
124
4,131
330
141
175

1
154
81
20
35
106
4,059
394
145

2
156
90
17
37
98
4,116

185

403
149
184

2
172
99
18
39
84
3,980
399
137
187

2
180
107
16
49
81
3,684
377
138
181

2
182
111
16
45
78
3,570
346
138
183

2
178
100
14
44
101
3,527
344
143
174

2
173
85
17
60
87
3,473
342
144
187

2
180
85
18
66
78
3,461
321
144
187

1
187
76
15
74
87
3,715
302
151
177

1
201
76
17
74
105
3,998
317
160
183

237

213

232

210

199

221

245

230

229

244

260

286
11
4
163
21

296
13
4
166
14

275
11
3
147
13

297
10
4
152
15

320
11
4
161
18

314
16
4
160
14

296
14
4
149
12

280
12
4
142
12

291
15
5
139
12

279
17
5
134
14

286
16
4
145
10

Cffnctda

Korea
Philippines
Thailand
. .
. .
Middle East3 oil-exporting
countries
Other 4
Africa

.

Egypt

Morocco
.
South Africa
Zaire .
Oil-exporting countries 5
Other <<
Other countries
Australia
....
All other
Nonmonetary international and
regional organizations




...

88

98

101

116

126

120

117

110

121

109

112

193
161
32

188
158
29

200
165
35

203
169
34

206
175
31

211
176
34

248
210
38

225
184
41

249
205
44

255
229
36

308
271
36

3

5

4

3

7

4

3

3

4

6

6

257

57. Short-term claims on foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period

1972

Area and country

1973

Dec. «

Jan.

Feb.

Mar.

Apr.

May

'

June

I

July

Aug.

Xotal

15,471

15,676

15,214

18,038

18,391

18,369

18,552

18,828

19,014

18,968

Foreign countries

15,468

15,674

15,211

18,035 '

18,389

18,367

18,550

18,826

19,013

18.96H

2,911
8
120
59
118
330
321
29
255
108
69
19
207
156
125
6
849
22
20
41
49

3,067
8
120
59
118
330
321
29
255
108
69
19
207
164
125
6
997
22
20
41
49

2,748
7
67
58
127
275
267
34
221
93
62
21
210
184
187
5
800
17
23
44
47

3,648
13
124
59 !
122
312
414
23
271
152
63
26
236
257
206
6
1,209
20
26
55
51

3,491
9
97
60
131
424
371
29
269
118
70
20
282
243
152
5
1,063
18
22
54
52

3,428 '
9
84
63
134
451
345
32
288
129
66
30
238
246 !
186
5
953
20
29
61
60

3,624
9
73
69
140
447
356
19
327
115
67
17
360
267
190
6
1,009
13
21
50
69

3,710
12
94
69
141
389
399
19
326
109
65
19
387
234
245
9
1,025
12
29
56
73

3,542
10
96
56
134
434
349
28
278
101
79
18
272
224
208

3,657
18
107
6?
125
368
281
20
278
155
70

1,077
12
20
56
84

251
184
206
6
1,357
10
21
42
76

Europe
Austria
Belgium-Luxembourg
Denmark
1* inland
Fra nee
Greece
Italy
Netherlands
Norway .
Spain
Switzerland
Turkey
,
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe

• .

,.

Ctinodu

1,897

1,914

1,966

2,391

2,481

2,305

2,400

2,034

2,168

2,186

Latin America

4,437
379
476
649
52
418
13
1,202
244
145
40
383
388
14
36

4,480
379
519
649
52
418
13
1,202
244
145
40
383
388
14
36

4,386
389
442
641
53
408
12
1,202
219
128
40
388
393
15
56

4,616
417
545
727
49
412
13
1,213
220
135
38
385
379
15
70

4,697
406
513
740
51
380
13
1,320
212
131
40
404
369
17
103

4,752
396
544
759
45
401
13
1,343
183
142
36
401
382
24
85

4,792
408
439
851
40
398
13
1,343
190
147
31
440
383
35
74

4,987
408
454
891
43
412
14
1,406
218
169
34
454
380
38
66

5,159
431
524
965
36
420
13
1,386
223
180
34
454
373
48
71

5,117
442
490
915
50
422
13
1,348
262
176
35
441
394
38
91

5,589 '

5,584

5,484

6,780

7, 113

7,264

7,111

7,402

7,442

7,317

1
194
93
. 14
87
105
4,158
296
149
191

1
194
93
14
87
105
4,152
296
149
191

2
205
84
15
87
126
4,075
271
148
184

2
211
103
15
103
106
5,272
288
150
195

231
HI
16
127
142
5,563
301
140
205

238
123
14
127
126
5,660
331
150
197

5
216
133
19
97
116
5,530
338
139
194

3
200
204
21
94
111
5,751
347
144
173

7
198
220
18
91
133
5,753
348
134
188

183
116
17
77
128
5,791
336
129
185

300

300

288

335

274

296

324

354

352

350

304
21
4
143
13

299
21
4
143
13

304
22
6
150
15

300
20
5
155
13

317
20
7
155
11

319
22
5
151
13

343
25
4
166
13

388
34
4
163
42 i

391
44
5
150
43

419
41
5
151
49

Bahamas '
Brazil
..,.,..
Chile
Colombia
Cuba
Mexico
Pa na ma
,.,.,,.
Peru
Uruguay.
Venezuela
Other Latin American2 republics.
Netherlands Antilles
Other Latin America
Asia
China, People's Republic of
(Mainland)
China, Republic of (Taiwan). . .
Hong Kong
India
,
....
Indonesia
Israel
Japan
Korea
Philippines
Thailand
Middle East oil-exporting
Other 4

.

.

Africa
Egypt
Morocco
South Africa
Zaire
Other

4

Australia
All other
Nonmonetary international and
regional organizations

258



,, ,.

124

118

111

108

125 :

129

136

145

149

173

330
291
40

330
291
40

322
272
50

300
256
44

291
244
47

299
249
50

230
232 '
47

305
260
46

310
271
40

271
230
41

3

3

3

1

2

1

2

1

3 ;

2

i

57. Short-term claims on foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period
19 73

Area and country
Sept.

Oct.

1974

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

Total

18 705

19 , 279

19 , 568

20 , 723

21,071

22,964

25 789

26 704

29 945

32 453

Foreign countries

18 705

19 , 278

19,567

20,723

21,070

22 963

25 789

26 703

29 944

32 453

3 637

3 661

3 826

14
145
53
89
525
392
23
363
172
82
22
189
177
203
16
1,210
19
26
51

4 091

4 400

36
142
60
93
682
382
36
330
147
91
25
180
106
338
9
1,624
15
20
36

5 265
20
216
76
97
743
395
37
482
174
76
37
284
121
270
16
2,101
12
22
33

4 950

5 642

6 45S

55

3,970
11
147
48
108
621
311
35
316
133
72
23
222
153
176
10
1,459
10
25
46
44

Canada

1,909

2,210

1,979

1,955

1,884

2,049

2,263

Latin. America
Argentina ...
Bahamas
Brazil, . . . .
Chile
Colombia . . .
Cuba
Mexico
....
Panama
Peru
Uruguay
Venezuela
Other Latin American republics.
Netherlands Antilles 2
Other Latin America

5 173

455
625
879
40
423
13
1 309
252
178
39
430
409
31
91

5,450
469
704
837
80
423
15
1,368
273
208
45
436
431
23
137

5,403
485
614
826
125
413
13
1,337
263
204
47
469
465
17
124

5,900
499
883
900
151
397
12
1,373
274
178
55
518
493
13
154

5,922
522
570
953
136
429
11
1,348
298
186
57
483
544
17
366

6,637
541
1,029
958
155
432
11
1,422
301
184
51
510
548
19
476

Asia
China, People's Republic of
(Muinland)
China, Republic of (Taiwan) . . ,
Hong Kong
India
Indonesia . . .
Israel
Japan
ICoreii
Philippines
Thailand
Middle East oil-exporting

7 327

7,292

7,661

8,224

8,444

1
141
130
19
81
141
5,801
348
121
179

22
128
121
14
89
140
5,746
372
105
206

36
117
124
16
96
150
6,034
369
118
225

31
140
147
16
88
155
6,398
403
181
273

24
118
169
16
105
139
6,464
432
189
322

361

349

377

392

405

406

410

388

EUP op s
,
Austria
Belgium -Luxembourg
Denmark
Finland
France
.....
Germany
Greece.
Italy
Netherlands . .
Norway
Portugal
Spain
Sweden
..
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe

Other

...
...

4

Africa
Egypt

,

14
190
52
114
413
313
16
242
144
67
18
183
166
234
6
1 304
10
26
46
80

43
11
157
48

.

Morocco
South Africa
Zaire. .
...

15
150
50
97
461
366
26
282
132
74
23
183
155
242
8
1,236
, 8
34
49

70

38
4
150
51

40
7
147
61

35
5
129
61

14
135
50
106
649
342
41
313
139
85
25
208
135
240
11
1,492
9
19
29

40
187
57
115
721
355
47
507
169
91
29
318
132
327
18
1,720
13
28
30

32
154
68
127
624
441
48
512
202
96
33
322
95
417
8
2,266
25
55
38

104
230
65
134
731
422
49
572
212
91
32
404
117
663
10
2,463
20
26
47

2,214

2,381

2,205

7,286
681
1,302
1,114
180
462
13
1,427
350
194
44
586
603
29
301

7,544
688
1,115
1,180
193
470
13
1,627
395
224
38
628
621
20
334

8,429
646
1,953
1,316
175
488
13
1,655
410
269
38
558
628
27
255

8,897
673
1,892
1,477
187
522
13
1,720
392
281
40
606
675
41
378

9,140

10,117

11,141

12,502

13,802

19
146
189
15
107
127
6,958
477
182
364

27
181
170
19
97
152
7,855
498
197
405

19
229
179
18
71
127
8,613
555
228
436

18
321
167
25
105
122
9,756
638
266
411

23
359
208
18
115
145
10,861
620
305
440

465

557

sis

667

674

708

413

420

466

477

567
62

637
66

47

42
4
133
56

48

40
4
134
67

53

42
21
131
61

48

78

67

44
9
147
79

4
206
72

5
202
91
273

146

i63

155

158

i?8

175

210

199

223

259
223
36

287

251
36

286

243
43

316

279
37

317

268
49

391

376

423

>

254
218
36

357
66

383
70

Nonmonctary international and
regional organizations.
, ,.

1

1

1

1

1

1

1

1

1

1

Other <
Other countries. .
Australia
All other




328
63

318
59

453

259

57. Short-term claims on foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period
197 4

Area and country
July

.,

Nov.

Oct.

Dec.

Jan.

Feb.

Mar.

Apr.

33,888

35,393

34,485

34,662

36,848

39 , 056

39,279

39,981

42,367

42 847

35,392

34,483

34,662

36,848

39,055

39 279

39 980

42,366

42 846

6,073
72
207
49
151
760
379
66
441
112
136
24
382
139
355
19
2,619
25
22
30
89

5,249
17
164
51
146
637
342
59
354
130
113
26
253
159
377
15
2,237
28
18
21
102

4,739
21
301
59
128
485
332
48
340
176
94
35
232
149
277
15
1,862
24
31
27
105

5,635
42
308
45
107
802
438
57
340
183
97
25
206
160
339
14
2,342
28
38
28
86

6 501
18
591
53
136
893
435
42
277
210
106
39
166
99
267
17
2,940

...

5,804
18
266
45
150
703
372
61
437
165
103
30
392
119
386
26
2,362
26
19
35
88

6,347
22
550
41
137
H96
387
46
2B7
187
104
32
150
72
230
19
3,004
16
24
34
110

6 949
16
(>74
*?3
147
K67
39*)
54
314
157
114
26
214
101
227
37
3,284
28
31
*>{
113

Eitropt'
,.,
Austria , ,
Belgium-Luxembourg
Denmark
..
Finland
,
Germany. .

Sept.

33,887

Total

...

Italy
Netherlands
Norway
Portugal
S pa i n
Sweden
Swit/crland
Turkey , , . , .
United Kingdom
Yugoslavia
Other Western Europe
U.S S R.
Other Eastern Europe. .

Aug.

197 5

5,255
21 1
384
46
122
673
589
64
345
348
119
20
196
180
335
15
2,580
22 1
22
46
131

6 316
18 !
401
54
132
892
390
52
351
195
115
16
184
128
252
23
2,886
38
22
44
124

IS

27
48
100

,

2,348

2, 111

2,032

2,556

2,517

2,776

2,893

2,634

2,924

2,899

I,(ititi Anicfic&
Argentina
...
Bahamas
Brazil
Chile .
Colo mbia
...
Cuba .
Mexico
...
Panama.
Peru
Uruguay. .
Venezuela
Other Latin American2 republics.
Netherlands Antilles
Other Latin America .

9 025
686
1,703
1,507
224
601
12
1,770
400
353
59
644
690
38
337

9,931
704
2,201
1,522
231
679
13
1,828
401
421
50
642
700
56
483

10 314
695
2,780
1,534
250
665
14
1,706
410
408
47
627
711
64
402

10,978
683
3,085
1,476
256
686
13
1,836
405
433
46
557
724
61
717

11,459
708
2,978
1,493
291
675
13
1,898
402
486
63
643
810
74
925

12,377
720
3,405
1,418
290
713
14
1,972
505
518
63
704
852
62 1
1,142

13 163
783
3,834
1,271
303
706
13
1,898
610
504
75
795
886
45
1,442

14 238
80S
4,706
1,362
351
679
18
2,005
460
537
86
747
902
39
1,539

15,816
869
5 941
1,305
395
695
13
2,119
546
561
104
736
902
39
1,590

16,155
9SH
5 , 729
1,344
411
7U)
11
2,244
524
606
116
757
954
36
1,731

Asiu
China, People's Republic of
(Mainland)
China, Republic of (Taiwan). . .
Hong Kong
India
Indonesia

15,572

16,083

15,635

15,016

15 , 795

16,226

15,564

15,228

15,869

15,336

28
408
200
20
117
193
12,407
641
295
440

22
448
271
34
120
192
12,822
706
348
438

Q

466
243
17
122
197
12,398
733
342
439

7
499
214
19
128
209
11,745
760
347
417

5
483
238
16
140
216
12,441
835
325
428

4
500
223
14
157
255
12,518
955
372
458

18
526
203
19
142
271
11,824
1,116
302
391

65
473
184
22
159
284
11,246
1,286
342
374

19
500
291
17
145
322
1 1 , 60S
1 , 356
353
406

11
44H
210
21
134
299
1Q,8H7
1 , 503
398
413

824

683

669

670

666

330
441

307
448

336
457

369
486 ;

563
449

675
68
14
213
93

702
83
10
238
97

755
97
10
243
94

804
93
11
282
107

795
91
12
299
101

286

275

311

3ii'

291

555
111 '
18
329
98
115
185

735
106
19
364
31
81
184

S53
114
15
396
38
108
183

8 75
122
19
413
31 1
108
181

973
142
10
458
37
95
231

463
400
63

492
415
77

498
422
76

569
478
91

597
492
104

565
466
99

558
433
125

526 '
431
95

535
436
99

535
428
107

1

2

1

1

1

Ctiniuitt

Japan . . . .
Philippines
Thailand
Middle Hast oil-exporting
Other 4
Africa
,
,
Buypt
Morocco
..
South Africa
Zaire
Oil-exporting countries 5
Other 4 .
..
tithe? countries
AH other

.

..

Nonmonetary international and
regional organisations

260



,.
.

!

1

1

57. Short-term claims on foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period

19'75

19 76

Area and country

Total
Foreign countries
Europe
Austria
Belgium-Luxembourg.
Denmark
Finland
France
Germany
.
Greece
Italy
Netherlands . . .
Norway
Portugal
.. . .
Spain
Sweden
....
Switzerland
Xurkey
United Kingdom
Yugoslavia . . .
Other Western Europe. . . .
U.S S.R
Other Iiastern Europe

.

Cctnudci

Oct.

Nov.

Dec.

48,187

48,774

48,187

48,733
8,958
32
496
54
133
1,289
689
91
418
285
92
19
261
182
337
121
4,117
55
25
165
96

Jan.

Feb.

50,231

51,571

54,170

50,229

51,568

54,169

8,987
15
352
49
128
1,471
436
49
370
300
71
16
249
167
237
86
4,718
38
27
103
108

8,887
20
401
55
132
1,397
480
55
369
316
66
20
274
124
250
59
4,588
37
26
101
118

9,177
23
417
55
120
1,513
420
52
402
267
63
20
262
111
278
82
4,778
49
29
84
153

Aug.

Sept.

45,675

45,977

45,864

45,674

45,975

45,862

7,303

235
115
252
40
3,515
31
22
77
118

25

16
620
62
143
677
486
46
363
288
91
27
257
155
254
26
3 527
36
22
80
127

8,298
28
598
60
143
757
452
50
336
338
106
22
214
185
290
43
4,392
40
62
79
104

7,807
20
536
46
130
957
452
54
363
313
102
18
245
182
214
56
3,848
37
23
106
103

8,619
19
558
50
127
1,407
515
56
438
264
102
15
256
152
274
54
4,042
34
22
144
89

2,841

2,654

2,345

2,633

2,739

2,751

2,817

3,020

2,983

19,776
1,343
7,297
1,557
351
662
13
2,612
919
599
52
1,051
1,028
59
2,233

19,695
1,229
6,883
1,811
381
653
13
2,558
904
565
56
980
956
46
2,659

20,532
1,203
7,570
2,221
360
689
13
2,802
1,052
583
51
1,086
967
49
1,885

22,344
1,246
8,038
2,154
312
651
13
2,776
1,281
624
68
1,001
1,042
53
3,085

24,7 SB
1,338
10,036
2,201
343
583
14
3,070
1,193
634
62
925
1,047
43
3,264

May

June

July

45,960

45,833

45,958

45,822

7,410
19
647
49
137
734
389
37
329
221
126
25
251
132
277
30
3 741
39
25
83
117

6,960
17
600

3,086

64

133
595
428
37
339
218
98

Latin America
Argentina
Bahamas
Brazil . .
Chile
Colombia
Cuba
Mexico
Panama
Peru
. . . .
Urugusiy
Venezuela
Other Latin American republics .
Netherlands Antilles 2
Other Latin America.

18,932
1 007
7 752
1,318
422
702
13
2,382
671
590
100
745
960
44
2,227

19,$93
1 111
8,688
1,226
429
687
13
2,547
527
623
85
791
953 1
83
1,830

19,161
1 105
7 826
1,421
472
666
13
2,675
581
626
90
902
1,043
62
1,679

18,681
1,118
6 , 743
1,525
435
667
13
2,760
583
646
73
956
1,012
54
2,096

18,284
1,219
6,472
1,511
405
684
13
2,705
732
624
54
1,109
998
57
1,698

As ici

14 984

14)850

14,968

14 , 983

15,387

15,189

15,431

16,057

15,517

15,445

12
434
288
17
119
287
10,603
1,415
455
374

9
483
315
20
115
312
10, 245
1,523
478
441

13
463
201
23
113
362 !
10,310
1,467
481
461

13
503
188
38
88
358
10,314
1,506
410
496

5
606
231
21
91
398
10,423
1,520
340
474

11
601
257
17
88
389
10,276
1,561
338
504

11
680
258
16
94
387
10,452
1,511
347
503

22
736
258
21
102
491
10,776
1,561
384
499

10
724
234
19
126
419
10,144
1,609
434
539

17
729
225
26
128
365
9,904
1,720
507
520

411
569

418
492

527
547

493
575

624
654

446
702

506
665

524
684

525
734

600
705

; 018
138
12
475
41
128
223

1 068
149
10
498
43
120
249

1,064
134
10
489
34
144
252

1,114
141
17
492
46
134
284

1,162
125
13
504
37
190
293

1,227
127
16
513
37
207
326

1,294
130
12
540
38
215
360

1,228
101
9
545
34
231
308

1,211
102
10
547
39
213
301

1,205
98
11
546
28
230
292

526
446
80

554
466
88

589
509
80

638
532
105

645
554
91

609
535
73

589
503
87

605
492
113

1

3

1

1

1

3

2

China, People's Republic of
(Mainland) .
China , Republic of (Taiwan) . . .
Hong Kong
India
Indonesia
Israel,
Japan .
....
Korea
.
..
Philippines
Thailand
Middle East3 oil-exporting
countries . .
Other . . .
A fried
Egypt
Morocco . . . .
South Africa
Zaire
Oil-e<porting countries
Othetc .
.
.

B

Other countries
Australia
All other
Non monetary international and
regional organizations




.

528
440
89
2

509
428
81 !
11

261

57. Short-term claims on foreigners reported by banks in the United States—Continued
By country—Continued
Millions of dollars, end of period
1976

Area and country
June

July

Aug.

Sept.

59,316

58,014

60,317

60,986

63,890

69,011

59,308

58,002

60,305

60,981

63,884

69,005

9,559
35
529
62
125
1,145
384
53
552
318
71
40
285
106
401
99
5,074
45
57
70
109

9,995
24
555
68
133
1,100
430
70
644
253
74
53
302
97
374
81
5,435
45
42
69
147

9,479
24
465
50
176
929
412
68
617
268
78
57
239
143
442
77
5,167
40
50
53
125

9,436
47
437
57
129
1,169
498
117
648
256
68
55
265
106
417
80
4,844
28
56
52
107

10,435
42
504
64
137
1,096
585
88
733
399
79
46
264
101
499
125
5,376

10,797
54
501
129
136
1,098
577
76
877
240
85
53
304
93
511
140
5,591
38
58
103
134

12,072
44
662
85
141
1,448
563
7*>
929
304
98
65
42«>
177
472
183
6,068
45
52
99
130

3,166

3,136

3,10Q

Mar.

Apr.

May

Total

53,572

55,686

57,609

57,955

Foreign countries

53,571

55,677

57,601

57,947

9,217
25
420
57
109
1,109
442
62
492
267
76
32
321
116
355
90
4,987
44
41
70
102

3,364

Kiironc
Austria . .
. , ,.
Belgium-Luxembourg
Denmark
Finland
France
Germany
..
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia t . . . . .
Other Western Europe
U.S.S.R
Other Eastern Europe
Canada

,.

B ,738
22
432
55
128
1,256
469
53
360
269
66
21
231
124
340
73
4,561
62
29
85
102

9,472
39
391
59
105
1,233
446
63
406
290
71 !
18 i
241
108
400
68
5,295
48
27
63
100

N0v.

Oct.

11

83
123

Dec.

2,917

3,253

3,027

3,050

3,169

3,129

Latin America
Argentina
Bahamas
Brazil
Chile
Colombia . •
Cuba
Mexico . .
Panama
Peru
Uruguay
Venezuela
Other Latin American republics.
Netherlands Antilles
Other Latin America

24,368
1,290
10,312
2,316
324
543
23
3,025
1,110
597
46
1,040
963
33
2,747

25,474
1,374
10,265
2,347
353
537
13
3,226
787
638
39
1,077
1,039
32
3,747

27,021
28,461
27,308
1,149
1,342
1,149
12,367
11,103
11,459
2,633
2,700
2,414
364
342
356
537
534
518
16
13
16
3,492 !
3,561
3,442
697
840
991
623
665
621 !
34
31
33
1,153
1,237
1,280
980
1,059
1,137
33
28
32
4,121
3,667
4,023

27,607
1,149
11,519
2,772
352
501
13
3,559
778
666
31
1,503
978
29
3,759

30,042
961
14,192
2,891
343
459
13
3,457
809
694
28
1,305
1,112
42
3,737

29,275
902
12,587
3,125
350
517
13
3,211
1,119
638
28
1,338
1,037
41
4,369

31,580 34,034
962
858
14,594 i 15,340
3,259 j 3,383
358
396
575
523
13
14
3,414
3,285
781
1,021
690
630
38
35
1,552
1,512
1,140
1,069
40
43
5,469
4,620

Asia.., ,
China, People's Republic of
(Mainland)
China, Republic of (Taiwan). . .
Hong Kong
India
Indonesia
Israel
Japan

75,760 ,

75,654

15,774

76,240

15,893

75,S32

75,695

76,099

76,365

77,7^5

12
908
296
36
125
269
10,340
1,614
389
465

939
251
36
108
257
10,116
1,551
459
437

4
981
252
33
119
313
10,220
1,594
472
434

5
991
208
64
117
320
10,534
1,555
478
415

3
1 , 099
267
48
120
330
10,428
1,57?
495
414

3
987
361
41
76
554
10,992
1,722
559
422

836
838

721
552

765
647

1,082
503

1,312
735

7 ,395
115
15
695
24
268
277

1,332
114
17
691
23
176
312

7 , 382
106
8
772
14
215
266

1,394
109
14
748
25
213
284

7 , 486
132
U
763
29
256
293

Philippines .
Thailand
Middle Easty oil-exporting
countries . . . . . .
Other.
Africa
Egypt
Morocco
...
South Africa
Zaire
Oil-exporting countries 5
Other
Other countries
All other
Nonmonetary international and
regional organizations

262



22
775
229
25
159
309
10,212
1,604
510
537

18
793
200
26
158
314
10,154
1,717
520
533

9
860 i
228
34
167
285
10,009
1,679
559
491

10
863
273
38
160
315
10,389
1,713
524
490

646
732

588
632

669 i
785

746
719

1,323
104
16
672 !
30 I
211
291

1,314
117
21
689
28
181
279

1,169
101
14
575
26
226
227

1,247
108'
15
631
35
210
249

619
521
98

577
498
79

615
547
67

1

9

8

780 ;
665

1,310
117
18
698
24
185
269

647
548 {
100 ;

677
542 i!
74

638
553
85

631
521
110

661
558
103

612
502
110

549
450
99

8

8

12

12

5

6

5

58. Short-term claims on foreigners reported by banks in the United States
By type of claim
Millions of dollars, end of period

1972
Type

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept,

Oct.

Nov.

Total

13,152

13,671

14,049

13,785

13,460

13,565

14,273

14,361

13,930

13,845

14,419

Payable in dollars.

12,320

12,744

13,048

12,999

12,626

12,732

13,371

13,415

13,042

13,069

13,649

3,868

4,020

4,171

4,448

4,598

4,756

5,049

4,978

4,980

5,138

5,306

214
2,053

200
2,055

168
2,141

163
2,354

166
2,518

162
2,575

162
2,779

150
2,710

141
2,572

141
2,666

153
2,700

Loans, total
Official institutions, including
central banks
Banks, excluding central banks..
All other, including nonmqnetary international and regional
organizations
Collections outstanding
Acceptances made for account of
foreigners
Other cliiims l
Payable in foreign currencies
Deposits with foreigners
Foreign govt. securities, commercial and finance paper
Other claims

1,601

1,765

1,862

1,930

1,914

2,019

2,108

2,118

2,267

2,330

2,453

2,473

2,430

2,476

2,469

2,540

2,649

2,703

2,805

2,882

2,987

3,130

4,234
1,745

4,394
1,901

4,410
1,991

4,252
1,830

3,838
1,650

3,483
1,844

3,227
2,392

3,082
2,551

2,967
2,213

2,953
1,991

3,129
2,085

833

926

1,000

785

835

833

902

946

888

776

770

501

562

579

498

530

486

516

482

431

408

412

228
104

266
98

283
138

177
111

187
118

222
125

278
108

338
126

330
127

209
159

219
139

1973

1972
Jan.

Dec.*

Feb.

Mar.

Apr.

May

June

July

Aug.

Total

15,471

15,676

15,214

18,038

18,391

18,369

18,552

18,828

19,014

18,968

Payable in dollars.

14,625

14,830 | 14,389

16,967

17,440

17,550

17,698

17,989

18,151

ISt082

Loans, total
Official institutions, including
central banks
Banks, excluding central banks..
AH other, including nonmonetaiy international and regional
organizations

5,674

5,671

5,426

6,449

6,517

6,826

6,933

7,318

7,023

6,959

162
2,975

162
2,970

141
2,808

160
3,669

141
3,677

145
3,928

163
3,813

232
4,070

190
3,925

207
4,021

2,537

2,540

2,477

2,620

2,699

2,754

2,956

3,016

2,908

2,731

Collections outstanding
Acceptances made for account of
foreigners
Other claims 1

3,269

3,276

3,260

3,589

3,732

3,815

3,824

3,881

3,871

3,948

3,204
2,478

3,226
2,657

3,123
2,580

3,302
3,627

3,482
3,708

3,483
3,426

3,623
3,319

3,984
2,806

3,922
3,335

3,716
3,458

846

846

825

1,071

951

819

854

839

863

887

441

441

443

596

524

460

499

552

561

488

223
182

223
182

253
128

313
162

262
165

207
152

237
118

140
147

151
151

151
248

Payable in foreign currencies
Deposits with foreigners
Foreign govt. securities, commercial and finance paper
Other claims

1974

1973
Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar.

Apr.

May

June

Total

18,705

19,279

19,568

20,723

21,071

22,964

25,789

26,704

29,945

32,453

Payable in dollars.

17,929

18,418

18,778

20,061

20,269

22,120

24,941

25,846

29,061

31,496

Loans, total
Official institutions, including
central banks
Banks, excluding central banks.
All other, including nonmonetary international and regional
organizations

6,786

6,958

7,047

7,660

7,353

7,894

9,025

9,420

9,876

11,405

191
3,901

247
3,971

277
4,067

284
4,538

321
4,379

309
4,946

428
5,771

354
6,007

371
6,310

390
7,682

2,693

2,739

2 t 703

2,838

2,653

2,639

2,825

3,059

3,195

3,334

Collections outstanding
Acceptances made for account of
foreigners
Other claims l

4,070

4,099

4,287

4,307

4,387

4,427

4,642

4,805

5,081

5,107

3,718
3,355

3,774
3,588

3,788
3,655

4,160
3,935

4,118
4,410

4,573
5,225

5,154
6,120

5,851
5,771

6,664
7,440

7,669
7,314

Payable in foreign currencies.
Deposits with foreigners
Foreign govt. securities, commercial and finance paper
Other claims




777

861

790

662

803

844

849

857

884

957

459

510

512

428

467

594

545

589

611

687

143
175

187
163

131
148

119
115

162
173

121
129

160
144

99
169

113
160

130
141

263

58. Short-term claims on foreigners reported by banks in the United States—Continued
By type of claim—Continued
Millions of dollars
19 74

Type

191 5

July

Aug.

Sept.

Total

33 888

35 393

34 485

Payable in dollars

32 885

34 588

33 567

Loans total
Official institutions, including
central banks
Banks, excluding central banks. ,
All other, including nonmonetary international and regional
organizations

10 748

11 543

480
6,698

452
7,744

3,571

3 347

3,353

3,339

3,433

Collections outstanding,
....
Acceptances made for account of
foreigners 1 . . .
Other claims

5 152

5 295

5,245

5,356

9 247
7,737

9 502
8,248

9,572
8,199

10,072
8,171

5,345
'
10,724
8,752

11 237
9,694

1 003

Payable in foreign currencies
Deposits with foreigners
Foreign govt. securities, commercial and finance paper
Other claims

Nov.

Dec.

34 662

36 848

33 632

35 820

10 551

10 033

526
6,672

377
6,317

Oct.

Jan.

Feb.

Mar.

Apr.

39 056

39 279

39 981

42 367

42 847

37 859

38 004

38 806

41 74?

10 999

11 291

10 336

10 316

41 219
a sad
y,xvy

445
7,121

381
7,332

361
6,418

384
6,407

317
5,643

163
6,496

3 579

3 557

3 524

3 639

3 782

5 637

5 565

5 346

5 418

5 142

11 062
11 041

11 127
12 017

11 341
14 861

11 441
14 118

275

1 175

1 147

1 105

720

609

626

622

336
229

290
231

241
242

S05

918

1,030

1,028

1,196

626

461

468

547

515

669

207
170

180
164

217
233

243
240

283
229

289
238

jf

351
204

1975

Sept.

45 675

45 977

45 864

44 497

44 802

44 706

11 358

11 704

13 439

365
7,614

485
6,808

573
6,844

3 852

4 065

5 537

5 345

10 959
16 575

June

Total

45 960

45 833

Payable in dollars . . .

44 902

44 621

Loans, total
Official institutions, including
centra! banks. .
....
Banks, excluding central banks, ,
All other, including nonmonetary international and regional
organisations. . ,

11 830

Collections outstanding
Acceptances made for account of
foreigners
Other claims ' . . .
Payable in foreign currencies
Deposits with foreigners,
Foreign govt. securities, commercial and finance paper
Other claims

19 76

Aug.

May

July

10 640

Oct.

Nov.

Dec.

48 187

48 774

46 846

47 434

12 777

12 751

13 539

627
8,320

573
7,597

649
7,589

4,287

4,492

4,607

5,383

5,314

5,314

10 641
17 277

10,211
17 198

9,984
16 064

1,058

1,212

1,178

1,175

480

591

611

636

301
277

335
286

296
271

240
299

Jan,

Feb.

50 231

51 571

54 170

48 901

50 W5

52 739

n 205

13 422

14 , 250

697
8,364

613
7,665

694
8,086

751
8,716

4,514

4,478

4,926

4,642

4,781

5,465

5,363

5,467

5,311

5,191

10,082
16 533

10,145
18 485

10,623
17 911

11,147
19 082

1 1 , 058
20 5*4

1 1 , 006
22 , 292

1,158

1,341

1,339

1,329

1,266

1,432

601

769

672

656

721

764

236
320

231
341

140
327

301
372

263
282

241
427

191 6

Total
Payable in dollars

,.

...

May

June

July

55 686

57 , 609

57,955

59,316

56 190

56 360

57,853
15 5S6

Mar.

Apr.

53 572

:

Sept.

Get,

58,014

60,317

56 , 472

58,661

15 270

Aug.

',

Nov.

Dec,

60,986

63,890

69,011

59,283

62,085

67,365

14 914

16,221

16,191

18,347

1 , 269
9,639

1,451
11,081

;

52 246

54 206

Loans total
Official institutions, including
central banks.
Banks, excluding central banks. .
All other, including nonmonetary international and regional
organisations. .
...

13 599

14 512

15 798

15 1S2

763
8,027

757
8,797

1,004
9,523

812
9,123

730
9,660 !

1 , 009
9,060

781
9,003

1,055
10,015

4 809

4 957

5,272

5,246

5,196

5,201

5,130

5,151

5,283

5,816

Collections outstanding
Acceptances made for account of
foreigners
Other claims ]

5 367

5 325

5 379

5 517

5 542 1

5 495

5 746

5,586

5,628

5 , 846

11 144
22 137

11 310
23 059

11,323
23 690

11,541
24,121 1

1 1 , 45 1
25 , 280

11,144
24,562

11,213
26,789

11,461
26,015

11,422
28,843

12,367
30.80.S

1,326

1,480

1,419

1,595

1,457

1,542

1,656

1,704

1,305

1,64S

798

955

885

954

850

903

1,029

1,052

1,084

1,063

145
383

156
369

141
393

158 '
484

132
475

143
496

120
507

85
635

84
498

Payable in foreign currencies
Deposits with foreigners
Foreign govt. securities, commercial and finance paper
Other claims. . . . .

264



:

1
102 I
550

59. Long-term claims on foreigners reported by banks in the United States
Millions of dollars, end of period

197;1

Type, and area or country

Total

.

Jan.

Feb.

Mar,

A pr.

M ay

Jun e

July

Aug.

Sept.

Oct.

Nov.

3,695

3,746

3,846

3 ,948

4 1)47

4,1 97,

4,31 f|

4,394

4,542

4,649

4,702

3,671

3,722

3,820

? ,921

4 mi

4J (?/

4,27 <t

<M<50

4,509

4,614

4,669

3,376

3,430

3,535

? ,626

? 7??

3,8 74

4,00 ?

4,079

4,227

4,323

4,378

By type :
Payable in dollars
Loans, total
Official institutions, including
central banks
Banks, excluding central
banks
All other, including nonmonetary international and
regional organizations

570

590 ,

639

649

fi69

7 14

75 ?

766

791

792

815

311

324

329

335

*1S

3 63

35 fi

398

402

412

432

2,495

2,515

2,568

? ,642

?, 778

2,7 97

2,89 S

2,915

3 035

3,119

3,131

27 5

281

282

292

291

Other long-term claims

295

292,

284

295

285

2 87

Payable in foreign currencies

24

24

26

27

W

?f

3?

34

33

35

33

714
256
1,459

717
254,
1,477

738
233
1,498

769
230
1 ,542

77R
1 , SR4

7 71
2 R4
1,6 44

82 f)
28 }
1,72 *

812
279
1,793

815
291
1,866

797
340
1,897

801
360
1,880

Asia
Japan
Middle East oil-exporting
countries *
Other Asia 2

836
241

866
241

930
278

964
290

988
781

1,0 44
309

1,04 ff
29 4

1,061
288

1,090
289

1,134
305

1,168
305

595

624

651

673

707

735

75 1

773

802

828

863

Africa

180

179

194

189

/9fl

7 *7

/<$ *

201

225

231

244

By area or country:
Europe .
Canada
Latin America

....

Other 2 ,
All other countries *

7^1

180

179

194

189

190

1R7

18 R

201

225

231

244

250

254

254

255

7^7

2 6?

24 5

247

255

250

250

IS)?:J

19 72
. De<c, *
4 954

Total

5,06

^

Jan

Fe b.

5 071

5, 187

kpr.

May

June

5 336

5,482

5,574

5,662

Mfar.

July

Aug.

5,683

5,590

By type:
Payable in dollars
Loans total
Official institutions, including
central banks
..
...
Banks, excluding central
banks
..
All other, including nonmonetary international and
regional organizations

4 914

5 02 ?

5 0 ?P

5 135

5 259

5 434

5 525

5 6/7

5,629

5,544

4 539

4 58 R

4 5 90

4 689

4 552

4,989

5,073

5 ^55

5,177

5,080

829

84 n

846

847

893

914

942

989

968

1,018

430

43o

44?

477

496

544

545

550

554

523

3,281

3,319

3,303

3, 365

3 ,442

3,530

3,585

3,616

3,654

3,540

Other long-term claims

375

43 5

4 39

447

458

445

453

462

453

464

Payable m foreign currencies

40

40

41

52

47

49

48

45

54

46

849
406
1 996

85 3
40 6
2 020

g 76
4 03
1 9go

906
434
1 999

984
453
1 989

1,037
477
2 014

1,064
2,016

sn

1,120
523
2,014

1,166
517
1,995

1,159
404
1,975

1 200
319

1 ,27 I
35 3

1,2 99
3 58

/, Wft
347

r ,358

341

1,402
341

1,424
335

1,445
316

1,471
315

1,504
309

881

91 8

941

960

i ,017

1,061

1,089

1,129

1,155

1,195

257

26 7

2 81

116

333

334

341

342

339

350

257

26 7

316

333

334

341

342

339

350

247

24 7

181
2 V>

T?5

219

218

217

219

196

199

By area or country:
Europe . . .
Canada .
.
Latin America

...

Asia . . . .
Japan
Middle East oil-exporting
Other Asia

2

.

Africa
Other 2,

,.

All other countries




4

...

265

59. Long-term claims on foreigners reported by banks in the United States—Continued
Millions of dollars, end of period

19 73

19 74

Type, and area or country
Sept.
Total

Nov.

Oct.

5,867

Dec.

Jan.

Feb.

5,996

5,942

5,995

Mar.

Apr.
.. _ _

May

June

6,783

6,826

7,087

5,486

5,671

5 417

5 590

5 789

5 924

5,863

5,916

6,098

6,707

6 759

7 021

4 963

5 117

5 328

5 446

5,393

5,394

5,558

6 140

6 210

6 475

1 026

1 057

1 143

1 156

1 145

1 , 200

1,277

1 567

1 166

I 6V)

526

557

574

591

580

601

657

751

768

792

6,174

By type: •
Pttycthle in dollars
Loans total
Official institutions, including
central banks
Banks, excluding central
All other, including nonmonetary international and
regional organizations

3,4tl

3,503

3,611

3,698

3,669

3,593

3,624

3,823

3,875

4 064

Other long-term claims

454

474

461

478

469

522

541

567

550

54d

Payable in foreign currencies

70

80

78

72

79

79

75

76

67

6Y»

1 133
418
1 954

1,168

1,223
484
2,104

1,271

1,273

1,337

1,444

1,775

1,783

1 908

2,116

2,078

2,087

2,155

2 , 370

2,410

2 487

1,481

1,503

262

7,539
255

1,582

1,592

1,599

1,608

; , 62S

1 , 623

1 , 6'79

By area or country:
Europe
Canada . .
Asia
Japan
, .
Middle East oil-exporting
countries * . . .
........
Other Asia •
.

256

491

1,995

490
251

486

457
256

259

473
256

478

254

467
241

496
244

1,224

1,241

1,284

1,331

1,334

1,343

1,352

1,373

1,381

1,414

Africa
..
OH-cxportinc
countries '
Other 2

327

336

336

355

341

343

338

358

352

347

327

336

336

355

341

343

338

358

352

347

Alt other countries ^

173

178

180

181

172

172

156

174

172

170

19 75

19-J4
July
Total

.

7 115

Aug.
7 055

Sept.
6,999

Nov.

Oct.

7,259

7,260

Dec.

Jan.

Feb.

Mar.

Apr.

7,179

7,313

7,526

7,640

7,675

By type:

7 048

6 ,987

6,928

7,189

7,187

7,099

7,244

7,457

7,569

7,597

6 502

6 448

6 386

6 580

6,570

6,490

6,660

6,846

6,971

6,991

1 486

1 452

1 416

1 448

1,380

1,324

1,361

1,363

1,386

1,231

909

913

853

914

933

929

972

1 , 055

1,089

1,137

4,108

4,084

4,116

4,219

4,257

4,237

4,327

4,428

4,495

4,623

Other long-term claims

545

539

542

608

618

609

583

611

598

605

Payable in foreign currencies

67

68

71

71

72

80

69

69

70

78

Payable in dollars
Loans total
Official institutions, including
central banks
..
Banks,
excluding
central
banks .
. ,
All other, including nonmonetary international and
regional organizations

By area or country:
Europe
Canada
Latin America

,

Asia
Japan
Middle EastJ oil-exporting
countries .
Other Asia 2
Africa
Oil-exporting
countries 3 , ,
Other 2
All other countries

266



4

1,852

1,829

1,801

2,059

1,991

1,908

1,992

2,116

2,146

2,208

2 552

2 527

2,479

2,495

2,574

2,614

2,618

2,687

2,708

2,805

1 692

1 685

1 671

1 666

1 ,655

1,619

1,659

1,627

1,680

1,514

376

1,035

388
991

385

1,049

1,025

498

269

503

269

543

247

523

267

506

501

260

258

490

248

500

248

500

247

505

242

1 423

1 416

1,425

1 399

1,395

384
977

364

361

369

372

383

366

388

423

435

361

369

372

383

62
362

65
370

471

364
156

150

136

145

151

171

166

173

171

172

62
305

!

63
326

247

74
397

59. Long-term claims on foreigners reported by banks in the United States—Continued
Millions of dollars, end of period
19 75

1976

Type, and area or country

Total

Aug.

Oct.

May

June

July

7,975

7,099

8,293

8,338

8,617

8,959

9,176

7,894

7,906

8.203

8,254

8,524

8,845

7,267

7,171

7,373

7,425

7,638

7,857

1,274

1,261

1,275

1,273

1,338

1,201

1,207

1,260

1,308

Sept.

Nov.

Dec.

Jan.

Feb.

9,540

9,463

9,566

9,059

9 423

9,345

9 418

8,009

8 316

8,225

8,223

1,257

1,293

\ 350

1,274

1,243

1,301

1,394

1,432

1,567

1,496

1,494

By type:
Payable in dollars
Loans ifotal
.
Offidal institutions, including
central banks
...
Banks, excluding central
banks
..
All other, including nonmonetary international and
regional organizations

4,792

4; 703

4,838

4,844

5,000

5,205

5,285

5,399

5,455

5,485

Other long-term claims

627

736

829

829

886

988

1,050

1,107

1,120

1,196

Payable In foreign currencies

81

92

90

85

93

114

118

116

118

148

Europe
Canada
Latin America

2,359
491
2,870

2,337
461
2,848

2,376
471
2,996

2,429
438
3 014

2,466
508
3,142

2 574
595
3,179

2 568
569
3 299

2 708
555
3 468

2,710
552
3,394

2,634
576
3,487

Asia
Japan
..
Middle Eastl oil-exporting
countries
Other Asia

2,562
254

1.659
264

1,733
270

1,719
259

1,716
265

1,746
292

1,779
293

/ 795
296

1,774
289

1,772
289

242
1,066

241
1,154

241
1,222

237
1,224

237
1,215

222
1,233

249
1,237

220
1,279

205
1,280

210
1,273

516
93
423

538
95
443

568
104
465

592
121
471

642
125
517

694
147
547

727
128
599

747
151
596

772
155
617

818
161
656

177

157

150

147

144

171

234

267

261

278

By area or country;

Africa
.
Oil-exporting countries
Other
AH other countries

3

4

19'16

Total

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

9 831

10 009

10 266

10 210

10 385

10 955

11,205

11 345

11,612

11,687

By type :

9 683

9,893

10 151

10 088

10 252

10,822

11,063

11,206

11,466

11,539

Loans, total.
Official institutions, including
central banks
Ba nks, excluding central
banks
All other, including nonmonetary international and
'regional organizations

8 478

8,598

8,804

8,740

8,867

9,357

9,551

9,670

9,837

9,933

1,291

1,313

1,356

1,344

1,321

1,338

1,312

1,321

1,364

1,420

1 569

I 654

\ 727

1 742

1 850

1 979

2 039

2 115

2,164

2,212

5,618

5,631

5,721

5,654

5,695

6,040

6,200

6,234

6,308

6 , 300

Other long-term claims

1,205

1,295

1 347

1,348

1,386

1,465

1,512

1,536

1,628

1,606

149

116

US

121

133

133

142

139

147

148

2 751
558
3,794

2 840
607
3 973

2 738
590
4,077

2 871
575
4,102

3,093
592
4,382

3,133
623
4,519

3,191
570
4,565

3,286
590
4,694

3,246
586
4,806

Payable in dollars

. ..

Payable in foreign currencies
By area or country:
Europe . . . .
Canad i
Latin America.

2 717
570
3,616

Asia
Jap«*n . . .
Middle East
oil-exporting
countries :
Ottu.tr Asia.
.

1 786
'292

1 785
307

1 769
307

1 766
324

/ 810
337

1,835
355

1,856
370

1,900
381

1,885
368

1,886
391

296
1,198

196
1,282

196
1,266

182
1,260

183
1,290

187
1,293

171
1,316

171
1,348

141
1,376

146
1,349

843
162
681

819
174
645

797
173
624

736
197
539

742
212
529

771
226
544

800
236
564

839
259
580

888
269
619

883
264
619

299

301

280

301

286

282

274

281

270

278

Africa
Oil*=cxporting countries '
Other
All other countries




4

.

267

60.

Assets and liabilities of foreign branches of U.S. banks
Millions of dollars, end of period

1972

Assets

1.

Feb.

Mar.

Apr.

May

July

Aug. 1! Sept. ! Oct.

I Nov. ' Dee.

All foreign countries
Total* all currencies.
Claims on United States,
Parent bank
Other
Claims on foreigners
Other branches of parent bank
Other banks
Official i n s t i t u t i o n s . . . . . . . . . . .
Nonbank foreigners
Other assets
Total payable in U.S. dollars.
Claims on United States.
Parent bank
Other
Claims on foreigners. ,
Other branches of parent bank,
Other banks
Official institutions
Nonbank foreigners
Other assets

58,581 60,735 65,948 62,5791 63,180 68,017j 68,382 71.127 73,212 72,931 74.504 1 78,202
4,404 4,678
4,695, 4,8171 4,5a2ii 4,800 4,0771 4,458] 4,897\ 4,917
2,130 2,429 2,079 2,265 1,510 1,749 ! 2,222 2,222, 1,802; 2, 113
2,565j 2.392J 2,503 2,535! 2,507 2,709 2,675 2,695' 2,601 2,565

4,292
1,976
2,317

4,079
1,745
2,339

52,418
10,445
23,540
1,204
17,230

54,$14
11,013
24,826!;
l.lltl
17,865

59,425:
10,861
27,876
1,211
19,476

55,981\
10,542
25,494,
1,168!!
18.776J

56,8231
10,463
26,170,
1,268
18,922)

1,871

1,842

1,828

1,781

1,775

61,3951 62,455
11,4591 l l , 6 2 2 i
29,468' 29,3378
1,326 1,391
19,1423 20,105
1,822!

l,909i

64,638^
11,655
30,623j
1,549<
20,811
2,03l|i

66,017
11,334
32,247
1,525'j
20,911'

65,866
11,327
31,846'
1,533
21,160'

67 J9B\
11.I7H
33,253
1,534
21, 841 1

71,304
11,504
33,773
1,594
22,432

2,298i 2,14g! 2,302-! 2,220

38,023 39,191 43,518 40,622 41,188; 43,856j 44,001j 46,009 47,560 47,753 48,369 52,636
4,033
1,963
2,069

3,829
1,736
2,098

4,414± 4,535i 4,358
2,10?! 2,390! 2,062
2,307, 2,149 2,296

33,384 34,700] 38,483 35,450
6,427 6,637! 6,927 6,358
17,176 18,042 20,493 18,558,
821
8701
821
881
8,959 9,199 10,179 9,664,

606

662

625

4,552.
5,772; 4,279 4,6571 4,622; 4,724
2,247!| 1,484 1,730 2,201
2,199' 1,781
2,285 2,288! 2,489] 2,430 2,423 2,343

56,207|i 38,713 39,574, 47,707
6,475 6,598 7,260 7,320
19,090,1 21,381 21,016 21,967!
928
904
973 1,047!
9,714 9,830 10,3261 10,773j

638]

6231

1

'•

611

683

655ii

42,093\
7,047
23,129
1,092
10,825
835

4,479
2,091
2,327

42,418 43,S04\ 47,444
7,390! 7,260 7,869
22,771^ 23,539 26,251
1,070 1,042 1,059
11,187 11,6631 12,2(>4

712'

741

773

United Kingdom
Total, all currencies.

i
41,790 41,390 41,357 43,467
,569 34,712 39,261 36,126 36,311 39,161 39,182 40.313 41,7
2,408[
1,385;
1,023'

2,938
906
1,032

2,234
1,138
1,096

Claims on United States.
Parent bank
Other

,514
,227
,287

Claims on foreigners.
Other branches of parent bank.
Other banks
Official institutions
Nonbank foreigners

37,943 38,4031 40,214
,143 31,617 55,74* 32.585 33,119 36,019 36.461] 37,257 38, 3<
,243 5,584 5,608 5,269 5,209 5,604 5,742 5,688 5,6
5,751 5,490! 5,659
21,986 22,514 23,842
,193 17,097 19,836 17,945 18,304 20,893 20.755J 21,219 22,3
454
536
562
539
587
645
625
582
606
46g
&
507 '
585
9,582 9,816J 10,106
,240 8,482 9,768 8,865 , 9,020 8,960 9,425 9,763 9,6<

Other assets.
Total payable in U.S. dollars.

912

2,247

2,676

2,738

1,044
1,204

1,370
1,305

1,574
1,163

848

837

2.298 1.876 2,117
810 1.078
1,282 1,199
1,160; 1,099| 1,066| i;039

2.441

803

750

845

845

939

2,3.
1,2
1,0*

1,0<

,470 23,816 27,511 24,967 24,928 26,972 26,545 27,055 28,0

1,038

1,016

1,018

27,8441 27,739J 30,257

,415
,226
,189

Claims on foreigners
Other branches of parent bank,
Other banks
Official institutions
Nonbank foreigners

25,777 25,456 27,665
,663 21,254 24,560 21,943 22,195 24,394 24,360 24.606 25,5
4,169 4,049 4,32(»
,885 3,960 4,127 3,708 3,577 3,931 4,097 4;013 4,0(
12,647
14,834
15,567i 15,774! 17,331
13,563
15.346
14.974
15.117
13,287
,066
15.9
543
5001
5401
5588
568
411
524 i
496
467
538 !
515
395
4,807 5,109 5,464
,317 4,237 5,103 4,481 4,517 4,602 4,788 4,937 4,8

Other assets

392

2,153
1,042
1,111

409

2,556
1,368
1,188

395

2,620
1,569
1,052

2,356
1,279
1,076

404,

377

2,209
1,194
1,015

368:i

1.791
806
984

2.036 2.2
1,073'! 1,2<
963 1,0

414

394

4
475!

2,307
1,379
928

2,146
1,131
1,015

Claims on United States.
Parent bank
Other

425.;

1,845

902
943

446

438,

Bahamas and Caymans
Total, all currencies.
Claims on United States.
Parent bank
Other
Claims on foreigners
Other branches of parent bank
Other banks
Official institutions
Nonbank foreigners
Other assets. .
Total payable in U. S. dollars.

268




|

7,846

8,295

8,646

8,570

9,063=

9,882' 10,127 11,269. 11,655 l l , 7 2 2 j 11,994] 12,644

940
149
792

989
111
884

1J66

1,