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a
January 1981

E m anuel M elichar
Paul T. Balides




AGRICULTURAL
FINANCE
DATABOOK
Quarterly Series

Division of Research and Statistics
Board of Governors of the Federal Reserve System
Washington, D.C. 20551
Not for general distribution. Inquiries should be addressed to the authors.

2

JANUARY 1981

AGRICULTURAL FINANCE DATABOOK— QUARTERLY SERIES

PAGE

SECTION
100

OUTSTANDING FARM DEBT..........................................

...3

200

FARM LENDING OPERATIONS AND EXPERIENCE OF NONBANK INSTITUTIONS

...8

300

AGRICULTURAL BANKING DATA......................................

..34

900

FARM INCOME AND EXPENSES.......................................

..55

-NOTICEThis Issue Includes a new table of data from the quarterly survey
of the terms of non-real-estate farm lending by insured commerical banks:
Table 332, Amount, number, and average maturity cf loans made (page 36).
Note that these data cover only one week of each quarter and
are based on a stratified smaple of only about 190 banks.

Nevertheless,

they constitute the only current national statistics on the gross flow
of bank loans to farmers.

Rough annual estimates of these flows can be

made by summing data for four quarters and multiplying by 13.
Two comments about the new data on average maturity of bank
loans (Table 332.3) may be useful.

First, this statistic is subject to

considerable sampling variability, as explained in an article, "New
Survey of Terms of Bank Lending to Farmers," in the May 1978 issue of
the Agricultural Finance Review.

Second, note that the maturity series

by purpose of loan show no reduction over the 1977-1980 period in
average maturity of loans for any of the four specified farm purposes.
The reduction in overall average maturity of all loans has been con­
centrated in loans for "other" purposes.
In Table 331, interest rates shown for "large" and "other"

banks for the period 1977-Q1 through 1979-Q3 have been corrected.




AGRICULTURAL FINANCE DATABOOK — QUARTERLY SERIES

100

JANUARY 1981

OUTSTANDING FARR DEBT

111

TOTAL DEBT

111.1Q
111.2Q
111.3Q
111. 4Q
111*5C
111* OQ

AMOUNT............................................................ 4
CHANGE FBOH PREVIOUS QUARTER..................................... 4
PERCENTAGE CHANGE FROM PREVIOUS QUARTER....................... ...4
CHANGE FROM PREVIOUS YEAR......
5
PERCENTAGE CHANGE FROM PREVIOUS YEAR............................. 5
PERCENTAGE DISTRIBUTION........
5

112 REAL ESTATE AND NON-fiEAL-ESTATE DEBT TO REPORTING LENDING INSTITUTIONS
112. 1Q
112. 2Q
112.3Q
112.4Q
112.5Q
112.6Q

SOORCES:

AMOUNT................ *......................................... 6
CHANGE FBOH PREVIOUS QUARTER.....................................6
PERCENTAGE CHANGE FBOH PREVIOUS QUARTER......................... 6
CHANGE FROM PREVIOUS YEAR.... ................ ................... /
PERCENTAGE CHANGE FROM PREVIOUS YEAR.................... *.......7
PERCENTAGE DISTRIBUTION........... -............................. 7

QUARTERLY REPOBTS OF CONDITION, AIL INSURED COMMERCIAL BANKS;
"PRODUCTION CREDIT ASSOCIA1 IONS— SBL ECTEO MONTHLY LOAN DATA,"
SUPERVISORY DIVISION, FARM CREDIT ADMINISTRATION;
"FEDERAL LAND BANKS— SUMMARY OF SELECTED MONTHLY LOAN DATA,"
TECHNICAL SERVICES DIVISION, FARM CREDIT ADMINISTRATION;
"FARM CREDIT SYSTEM LOAN OPERATIONS," BANK SERVICES DIVISION,
FARM CREDIT ADMINISTRATION;
"GBOSS FLOW OF MORTGAGE LOANS IN THE UNITED STATES," AMERICAN
COUNCIL OF LIFE INSURANCE;
FINANCE OFFICE, FARMERS HOMB ADMINISTRATION, U.S.DEPARTMENT OF
AGRICULTURE;
ECONOMICS AMD STATISTICS SERVICE, U.S. DEPARTMENT OF AGRICULTURE.




4

TABLE 111Q

PARR DE til OUTSTANDING

|
TOTAL DEBT
1
END OP
1
| TOTAL
BEAL
NON-BBALQUARTER
|
ESTATE
ESTATE
1
1
1
1
1
51034.
39837.
1975-Q4.• | 90871.
1
1976-Q1..
-Q2..
— Q 3. » 1 ***************************
56589.
46155.
-Q4.. | 102745.
I
1977-Q1.. | ***************************
-Q2.. | ***************************
-Q3..
63670.
55426.
-C4.. | 119096.
I
1978-Ql.. | ft**************************
-Q2-. | ***************************
-Q3..
| 136315.
71206.
65108.
1
1979-Q1.. | ***************************
-Q2.. 1 ***************************
-Q3..
82516.
74933.
-Q4.. | 157449.
1
1980-Q1.. | ***************************
-Q2.. j ***************************
-Q3..
94965.
81922.
-Q4.. | 176887.
1
1
1
1
1
1976-Q1«.
-Q2.. j ***************************
-C3..
—Q4» . I ***************************
1
1977— Q 1.•
-Q2-.
-Q3-. | ***************************
-Q4..
1
1978-Ql..
-Q2.. I ***************************
-Q3.. j ***************************
-Q4..
|
1
1979-Q1..
-Q2..
-Q3..
-Q4.. j * * * * * * * * * * * * * * * * * * * * * * * * * * v
1
1980-Q1..
-Q2.. | ***************************
-C3.. ] ***************************
-Q4.. j ***************************
1
1
1
1
1
1976-Q1.. | *************************
-Q2,. , *************************
“Q3. . | *************************
-Q4.. , *************************
a
1
1977-Q1•• , *************************
,
*******,**************•**
-Q2. .
-Q3.. i *************************
,
****•«••**»*«•****•**•***
-Q4..
i
1978-Ql.. i *************************
“Q2- . , *************************
-Q3.. j *************************
-Q4.. , »**«*• ••• **********«•,***

BEAL
ESTATE
111.1

25078.

18728.

NON-BEAL-|
ESTATE |

6350. |

26353.

27107.

6726.

5249.

358.
406.
183.
215.
1012.

26544.
28492.
29386.
29918.

23167.
29783.
30702.
31091.

6789.
6980.
7159.
7400.

***************************
***************************
***************************
30079.
21669.
8410.

| 77630.
| 33388.
| 86947.
| 89017.

30644.
32964.
33877.
3J434.

32268.
34334.
35353.
35290.

7615.
8116.
8452.
8819.

5393.
6539.
6832.
6984.

1211.
1436.
2433.
4489.

*************************** | 91251.
***************************,| 96381.
100107.
33478.
23058.
10420. | 102836.

33322.
35182.
36472.
36647.

35978.
37894.
39394.
40080.

9183.
9691.
10095.
10478.

8052.
9609.
10435.
10388.

4716.
4006.
3711.
5243.

106182.
*************************** | 113805.
*************************** j 117191.
36857.
25137.
11720. | 120592.

36600.
38397.
39508.
39558.

41650.
44539.
46505.
48436.

10907.
11461.
11842.
12165.

11385.
14416.
15798.
15932.

5639.
4993.
3538.
4500.

125420.
130796.
*************************** | 131845.
43030.
29030.
14000. | 133857.

38999.
39491.
40084.
40083.

51284.
54631.
55537.
56479.

12394.
12664.
12712.
12828.

17737.
19461.
20009.
20090.

5006.
4549.
3503.
4377.

CHANGE PROR PREVIOUS QUARTER* BILLIONS OF' DCLLABS

*************************** |
*************************** |

1458.
3866.
2181.
1881.

191.
1948.
894.
532.

1060.
1616.
919.
389.

63.
191.
179.
242.

96.
334.
157.
-78.

48.
-223.
32.
797.

2452.
5758.
3559.
2070.

726.
2320.
913.
-443.

1177.
2066.
1019.
-63.

215.
501.
336.
367.

135.
64 6.
293.
152.

199.
224.
998.
2056.

*************************** j
*************************** |

2234.
5130.
3726.
2730.

-112.
1860.
1290.
175.

688.
1916.
1500.
687.

364.
507.
404.
383.

1068.
1557.
826.
-4 7 .

227.
-710.
-295.
1532.

*************************** |

3345.
7623.
3386.
3401.

-47.
1797.
1111.
50.

1569.
2889.
196b.
1931.

429.
553.
382.
323.

997.
3031.
1382.
134.

397.
-646.
-1455.
963.

4828.
5377.
1049.
2012.

-559.
492.
593.

2847.
3348.
906.
942.

229.
270.
48.
115.

1805.
1724.
548.
81.

505.
-457.
-1046874.

*************************** |
*************************** |

*************************** |
*************************** |

___
111.3

-1 .

PERCENTAGE CHANGE FBOM PBEVIOOS QUABIEB

|

*******41*****************

*************************

|
1

*************************

1

*************************
*************************

1
1

*************************
*************************

1
1

*************************
*************************

*************************

1

, »**«*******•*•*•*•**•*«*•
, *************************
J ________
—
-J

*************************
**••*•*•••*•**•*****••***

1
1




65793.

67250.
*************************** j 71116.
*************************** | 73297.
27566.
20266.
7300. | 75179.

*************************

,
i
i
I

FABIIEBS c o b n o d i t t
HOHE
CBEDIT
ADMINIS­ COBPOBTRATION
. m a i ..

5345.
5679.
5836.
5758.

111.2

*************************
*************************
*************************
*«****•****•••*****•«••**

TOTAL

INSURED COOPER A21V E LIPE
INSURANCE
COMMERCIAL
FABB
COHPANIBS
CREDIT
BANKS
SYSIEfl _

AMOUNTS IN IBILLIONS OP DOLLABS

|
|

i

-O '* ..

TOTAL

REPOSTING LENDING INSTITUTIONS

|

*************************
*************************

1979-Q1.. ,
-Q2.. ,
-Q3.. i
1980-Q1.•
-Q2..
-Q3..
-Q4. •

INDIVIDUALS AND OTHEBS

2.2
5.7
3. 1
2.6

0.7
7.3
3. 1
1.8

3.9
5.7
3. 1
1.3

0.9
2.8
2.6
3.4

1.8
6.2
2.8
-1.3

13.3
-54.9
17.7
370.2

3.3
7. 4
4.3
2. 4

2.4
7. b
2.8
-1.3

3. 9
6.4
3.0
-0.2

2.9
4. 1
4.3

2.3
11.0
4.5
2.2

19.7
18.5
69.5
84.5

2.5
5.6
3.9
2.7

-0.3
5.6
3.7
0. 5

1.9
5.3

5 .5

4 .0
1.7

4.2
3.3

15.3
19. 3

5.0
-15. 1
-7.4
41.3

3.3
7.2
3.0
2.9

-0 . 1

3.9
6.9

4. 1
5.1
3.3
2.7

26.6

0. H

7.6
-11.5
-29. 1
27.2

4.0
4.3
0.8
1.5

-1 .4

1.9
2.2
0.4
0.9

11.3
9. 7
2.8
0. 4

11.2
-9.1
-23.0
25.0

4.9
2.9
0. 1
1. 3
1.5
-0 .0

4. 4

4.2
5.9
6. 5

1.7
1.7

b. 6

4. 1

8. 6
-0. 4
9. b

9.b

5

TABLE 11 IQ (CONTINUED)

PABN DEBT OUTSTANDING

TOTAL DEBT
n o or
Q0ABZ1I

TOTAL

HEAL
ESTATE

INDIVIDUALS AND OTHBBS
|
1
_ 1
1
1
1
NON-BEAL-| TOTAL
BEAL
NON-BEAL-i
ESTATE |
ESTATE
ESTATE |
J
1
111.4

11874.

5555.

*318. J

1

2488.

1538.

950.

-Q2...
-Q4...
"C2i•.
-Q3...
-Q4...

-Q4...

-Q4...

14351.

17219.

21134.

19438.

7080.

7537.

11309.

12449.

9271. |

9682. J

2513.

3399.

9825. |
1

3379.

6989. |
... _ __
1

6173.

1403.

1389.

2079.

3893.
111.5

1976-Q1...
-Q2...
-Q3...
-Q4...
1977-Q1...
-Q2...
-Q3...
-Q4...
1978-Q1...
-Q2...
-Q3...
-Q4...
1979-Q1...
-Q2...
-Q3...
-Q4...
1980-Q1...
-Q2...
-Q3...
-Q4...

*••*******•*••***•*••**«*
13.1

15.9

14.5

15.5

1243

10.9

12.5

11.8

15.9

15.1

15.9

20.1

17.5

15.1

1976-Q1...
-Q2...
-Q3...
-Q4...
1977-Ql...
-Q2...
-Q3...
-04...
1978-Q1...
-Q2...
—Q3. .«
-Q4. -.

1110.

2010.

1300.

2280.

1
j

*******
8096.
*******
|
9386.
1
10380.
12272.
13650.
| 13838.
1
13620.
12993.
13160.
| 13820.
1
14931.
17424.
17084.
| 17755.
1
19238.
16991.
14654.
| 13265.
1

3348.
*******
3565.

3624.
3785.
4089.
3984.

391.
435.
555.
674.

866.
543.
491.
509.

*******
-15.

4100.
4472.
4491.
3516.

4101.
4551.
4651.
4200.

826.
1136.
1294.
1419.

548.
860.
996.
1226.

806.
1253.
2218.
3477.

2678.
2218.
2595.
3 213.

3710.
3560.
4041.
4790.

1568.
1575.
1643.
1659.

2159.
3070.
3603.
3404.

3504.
2570.
1278.
754-

3278.
3215.
3036.
2911.

5672.
6645.
7111.
8356.

1724.
1770.
1747.
1687.

3333.
4807.
5363.
5544.

924.
987.
-173.
-742.

2399.
1094.
576.
525.

9634.
10093.
9032.
8043.

1487.
1203.
870.
663.

6352.
5045.
4211.
4158.

-633.
-444.
-35.
-123.

13.3
******
13.5

14.8
14.6
15.4
14.7

6.1
6.6
8.4
10.0

19.3
10.6
9.2
9.7

******
-7.5
******
182.8

15.4
15.7
15.3
11.8

14.6
15.3
15.2
13.5

12.2
16.3
18.1
19.2

10.3
15.1
17. 1
21.3

198.7
684.9
1030.6
343.7

8.7
6.7
7.7
9.6

11.5
10.4
11.4
13.6

20.6
19.4
19.4
18.8

36.6
46.9
52.7
46.7

289.4
179.0
52.5
16.8

9.8
9. 1
8.3
7.9

15.8
17.5
18.1
20.8

18.8
18.3
17.3
16.1

41.4
50.0
51.4
53.4

19.6
24.6
-4.7
-14.2

1
22.7
19.4
16.6

13.6
10.5
7.3
5.4

55.8
35.0
26.7
26.1

-11.2
-8.9
-1.0
-2.7

1

|
1

9.9

|
1

9.1

|
1

11.3

|
1

10.1

16.7

PABNEBS COHBODITY
HONE
CBEDIT
ADJIINIS- COBPOBTBATION
ATIOM

654.

PEBCENTAGE CHANGE FBCH PBEVIOOS IEAB

8.2

15.0

6.9

15.2

6.4

23.9

9.0

12.5

15.5

19.5

******
12.8
******
|
14.3
1
15.4
17.3
18.6
|
18.4
1
17.5
15.6
15.1
|
15.5
1
16.4
18. 1
17.1
|
17.3
I
18.1
14.9
12.5
|
11.0
1

6.6
2.8
1.5
1.3

2 T ,.

.9.3

|
_ 1

27.6

20.6

7.0

1
|

72.4

29.0

29.8

7.4

5.8

0.4

111.6
1975-Q4...

TOTAL

CHANGE fBOB PBEVIOOS IEAB, iBILLIONS OP DOLLABS

1
* -Q3...
-Q4...

BBPOBTZNG LENDING INSTITUTIONS
1NS0BE0 COOPEhATIVE LIPS
CCNNABCIAL
FAHH
INSOBANCB
CONPANIES
BANKS
CBEDIT
SISTEN

PEBCENTAGE Of 1TOTAL

100.0

56.2

43.8

i
1
1

100.0

55.1

44.9

|
1

26.8

19.7

7.1

|
1

73.2

29.1

30.3

7.2

5.6

1.0

100.0

53.5

46.5

|

25.3

18.2

7.1

|
11

74.7

28.1

29.6

7.4

5.9

3.8

100.0

52.2

47.8

|

24.6

16.9

7.6

|
|
1

75.4

26.9

29.4

7.7

7.6

3.8

*••**•<

1

1

1979-Q1...
-Q2...
-Q3...
-Q4...

100.0

52.4

47.6

23.4

16.0

7.4

|
11

76.6

25.1

30.8

7.7

10. 1

2.9

1980-Q1...
-Q2...
-Q3...
—04.••

|
i
1

100.0

53.7

46.3

|

24.3

16.4

7.9

|

75.7

22.7

31.9

7.3

11.4

2.5




______ L -

____L

6

TABLE 112C
1
1
BID OF
)
QUARTER
|
1
1
1
1
L
1
1975-Q4. • • |

FARM DEBT OUTSTANDING AT HEPORTIMG LENDING INSTITUTIONS
BEAL ESTATE DEBT
TOTAL

TOTAL

INSURED
COMMERCIAL
BANKS

FEDEBAL
LAND
BANKS

112.1

FARMERS |
HOME
|
ADMINIS-I
IBAIICN 1

32306.

6224.

IdO14.

6726.

3342.

67250.
71116,
73297.
75179.

33059.
34254.
35286.
36323.

6111.
b343.
6504.
6712.

16700.
17403.
17982.
18524.

6789.
6980.
7159.
7400.

3459.
3528.
3641.
3687.

1977-Q1.■•| 77631.
-Q2... | 83388.
-Q3...| 86947.
89017.
-Q4...|
1
1978-Ql...|
91251.
“Q2...| 96381.
-Q3.• • | 100107.
-Q4...I 102837.

37688.
39501,
40870.
42001•

6977.
7342.
7607.
7730.

19331.
20190.
20874.
21466.

7615.
8116.
8452.
8619.

3765.
3853.
3937.
3985.

43428.
45274.
46924.
48148.

7902.
8189.
8418.
8467.

22234.
23131.
23939.
24668.

9183.
9691.
10095.
10478.

4109,
4264.
4472.
4535.

1979-Q1...J 106182.
-Q2...I 113805.
-Q3...I 117191.
-Q4...| 120592.
1
19BQ-Q1...| 125420.
-Q2...| 130796.
-Q3...| 131845.
-Q4... | 133857.
II
1
11
1976-Q1...|
1458.
-Q2...|
3866.
” 33. a a I
2181.
-Q4...|
1881.

50574.
53458.
55708.
57379.

8504.
8628.
0695.
8554.

25851.
27261.
28430.
29725.

10907.
11461.
11842.
12165.

6740.
6934.

60161.
62833.
64407.
65935.

8518.
8436.
8488.
8556.

31603.
33681.
34852.
36032.

12394.
12604.
12712.
12828.

7645.
8052.
8355.
8519.

5312.
6108.

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
_L_

33487.

20129.

10742.

352.

1907.

358.

34191.
36862.
38011.
38855.

20433.
22149.
22882.
23206.

11117.
12006.
12321.
12196.

350.
374.
398.
370.

1886.
2151.
2195.
2071.

406.
183.
215.
1012.

39943.
43887.
46077.
47016.

23667.
25622.
26270.
25704.

12583.
13749.
14069.
13454.

354.
395.
410.
370.

2128.
2686.
2895.
2999.

1211.
1436.
2433.
4489.

47822.
51107.
53183.
54688.

25420.
26993.
28054.
28180.

13427.
14312.
14955.
14901.

317.
451.
500.
511.

3943.
5345.
5963.
5853.

4716.
4006.
3711.
5243.

55607.
60347.
61484.
63213.

28096.
29769.
30813.
31004.

15381.
16688.
17452.
18045.

418.
589.
623.
666.

6073.
8308.
9058.
8998.

5639.
4993.
3538.
4500.

65259.
67963.
67438.
67922.

30481.
31055.
31596.
31527.

18953.
20195.
19911.
19636.

727.
755.
774.
811.

10092.
11409.
11655.
11571.

5006.
4549.
3503.
4377.

CHANGE fEQN PREYIOUS QUARTER, MILLIONS OF DOLLARS

112.2
753.
1195.
1032.
1038.

-113.
232.
161.
208.

686.
703.
579.
542.

63.
191.
179.
242.

117.
69.
113.
46.

1977-Q1...I
-Q2..a|
-Q3...I
-Q4...|

2452.
5758.
3559.
2070.

1364.
1813.
1369.
1131.

265.
365.
265.
123.

807.
859.
684.
593.

215.
501.
336.
367.

78.
88.
84.
48.

1978-Q1...I
-Q2... |
-Q3...I

2234.
5130.
3726.
2730.

1427.
1846.
1649.
1225.

172.
287.
229.
49.

768.
897.
808.
729.

364.
507.
404.
38 3.

124.
155.
208.
63.

1979-Q1...|
-Q2..a|
-Q3...I
-Q4... |

3345.
7623.
3386.
3401.

2426.
2884.
2250.
1671.

37.
124.
67.
-141.

1183.
1410.
1169.
1295.

429.
553.
382.
323.

777.
796.
632.
194.

1980-Q1...t

4828.
53 77.
1049.
2012.

2782.
2 673.
1574.
1528.

-36.
-82.
52.
68.

1878.
2078.
1171.
1180.

229.
270.
48.
115.

711.
407.
303.
164.

-Q3... I
-Q4..-I
I
I
I
I
I
1976-Q1,.. |
-C2aa.|
-Q3...I

TOTAL

INSURED PRODUCTION
FEDEBAL FARMERS COBBOD1TY
COMMERCIAL CREDIT
INTERMEDI­ HO EE
CREDZT
BANKS
ASSOCIA- ATE CREDIT ADMINIS­ CORPOR­
TRATION
ATION _
*_ H O N S
BANKS

AMOUNTS IN MILLIONS OF DOLLARS

65793.

1976-Q1...|
-02...1
-Q3.• . |

NGN-REAL-ESTATE DEBT

1

LIFE
INSURANCE
COMPANIES

112.3

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

704.
2671.
1149.
844.

304.
1716.
733.
324.

376.
888.
316.
-125.

-2.
24.
24.
-28.

-21.
265.
44.
-124.

48.
-223.
32.
797.

1088.
3944.
2190.
939.

461.
1955.
648.
-566.

387.
1166.
320.
-615.

-16.
41.
15.
-40.

57.
558.
209.
104.

199.
224.
998.
2056.

806.
3284.
2077.
1505.

-284.
1573.
1061.
126.

-27.
885.
643.
-53.

-53.
134.
50.
10.

944.
1402.
618.
-110.

227.
-710.
-295.
1532.

919.
4740.
1137.
1730.

-84.
1673.
1044.
191.

480.
1307.
764.
592.

-93.
172.
33.
44.

220.
2234.
750.
-60.

397.
-646.
-1455.
963.

2046.
2704.
-525.
484.

-523.
574.
541.
-69.

906.
1242.
-284.
-275.

61.
28.
19.
37.

1094.
1317.
246.
-84.

505.
-457.
-1046.
874.

PEBCBNTAGE CHANGE FBOH PBBVIOUS QUARTER

2.2
5.7
3.1
2.6

2.3
3.6
3.0
2.9

-1.8
3.8
2.5
3.2

4.3
4.2
3.3
3.0

0.9
2.8
2.6
3.4

3.2
1.3

2.1
7.8
3.1
2.2

1.5
8.4
3.3
1.4

3.5
8.0
2.6
-1.0

-0.6
6.9
6.5
-7.0

-1.1
14.1
2.0
-5.6

13.3
-54.9
17.7
370.2

1977-Q1...|
-Q2,..|
-Q3...|

3.3
7.4
4.3
2.4

3.8
4.8
3.5
2.8

3.9
5.2
3.6
1.6

4.4
4.4
3.4
2.8

2.9
6.6
4.1
4.3

2.1
2.3
2.2
1.2

2.8
9.9
5.0
2.0

2.0
8.3
2.5
-2.2

3.2
9.3
2.3
-4.4

-4.4
11.6
3.9
-9.8

2.8
26.2
7.8
3.6

19.7
18.5
69.5
84.5

1978-Q1.• • |
-Q2...I
-Q3..a|
-Q4..a|

2.5
5.6
3.9
2.7

3.4
4.3
3.6
2.6

2.2
3.6
2.8
0.6

3.6
4.0
3.5
3.0

4.1
5.5
4.2
3.8

3.1
3.8
4.9
1.4

1.7
6.9
4.1
2.8

-1.1
6.2
3.9
0.4

-0.2
6.6
4.5
-0.4

-14.2
42.2
11.0
2.1

31.5
35.6
11.6
-1.8

5.0
-15.1
-7.4
41.3

1979-Q1...|
-Q2..a|
-Q3...J
-Q4...|

3.3
7.2
3.0
2.9

5.0
5.7
4.2
3.0

0.4
1.5
0.8
-1.6

4.8
5.5
4.3
4.6

4.1
5. 1
3.3
2.7

17.1
15.0
10.3
2.9

1.7
6.5
1.9
2.8

-0.3
6.0
3.5
0.6

3.2
6.5
4.6
3.4

-18.2
41. 1
5.7
7.0

3.8
36.8
9.0
-0.7

7.6
-11.5
-29.1
27.2

1980-Q1...|
-Q2...|
“ Q3a a a j
-Q4...J

4.0
4.3
0.8
1.5

4.8
4.4
2.5
2.4

-0.4
-1.0
0.6
0.8

6.3
6.6
3.5
3.4

1.9
2.2
0.4
0.9

10.3
5.3
3.8
2.0

3.2
4.1
-0.8
0.7

-1.7
1.9
1.7
-0.2

-1.4
-1.4

12.2
13.0
2.2
-0.7

11.2
-9.1
-23.0
25.0

L




3.5
2.0

J
6.6

i. 2

J. d

2.5
4.8

7

TABLE 112Q (CONTINUED)

FARM DEBT OUTSTANDING AT REPORTING LENDING INSTITUTIONS
REAL ESTATE DEBT

END OF
QUARTER

TOTAL

|

TOTAL

INSURED
00,18 EBCIA L
BANKS

FEDERAL

LAND
BANKS
112.4

*«**««* | *******
8096. )
3319.

1976-Q1...
-y2. •.
-Q3...
-Q4...

I
1
FARMERS I
BONE
|
ADMINIS­ 1
TRATION

NON-RBAL-ESTATE DEBT
TOTAL

INSURED PRODUCTION
FEDENAL FARMERS COHEODITX
CCHNERCIAL CREDIT
IN TERN EDI- HOME
CBBDIT
BANKS
ASSOCIA­ ATE CREDIT ADSINIS- CORPORTIONS
BANKS
TRAIION
ATION

CHANGE FRON PREVIOUS YEAR, BILLIONS OF DOLLARS
*******

4018.

253.
*******
488.

2521.
2465.
2464.
2510.

391.
435.
555.
674.

172.
166.
240.
345.

4777.
**«•*«*
5366.

3095.
****«•«
3077.

1106.
1303.
1584.
1455.

-3.
17.
41.
18.

694.
377.
251.
164.

******* | *******

93B6. |

*******

LIFE
INSURANCE
CONPANIES

-15.
654.

1977-Q1...
— Q2 • ■ •
-Q3...
-Q9...

10380.
12272.
13650.
13838.

|
|
|
|

4629.
5247.
5584.
5677.

8bb .
999.
1103.
1018.

2631.
2787.
2891.
2942.

826.
1136.
1294.
1419.

306.
325.
296.
298.

5752.
7025.
8066.
8161.

3234.
3473.
3388.
2498.

1466.
1743.
1748.
1258.

4.
21.
12.
-0.

242.
535.
700.
928.

806.
1253.
2218.
3477.

1970-Q1...
-Q2...
-QJ. ••
-Q4...

13620.
12993.
131o0.
13820.

|
|
|
|

5741.
5773.
6054.
6148.

925.
847.
811.
737.

2903.
2940.
3065.
3202.

1568.
1575.
1643.
1659.

344.
411.
535.
550.

7880.
7219.
7106.
7672.

1753.
1371.
1784.
2476.

844.

563.
085.
1447.

-37.
5b.
91.
141.

1815.
2659.
3068.
2854.

3504.
2570.
1278.
754.

1979-Q1...
-Q2...
-Q3...
-Q4...

14931.
17424.
17084.
17755.

|
|
|
J

7146.
8184.
8784.
9230.

602.
439.
277.
87.

3617.
4130.
4492.
5057.

1724.
1770.
1747.
1687.

1203.
1844.
2268.
2399.

7785.
9240.
8300.
8525.

2676.
2776.
2759.
2824.

1954.
2376.
2498.
3143.,

101.
130.
122.
156.

2130.
2963.
3095.
3145.

924.
987.
-173.
-742.

19B0-Q1...

19238.
16991.
14654.
13265.

|
|
|
i

9586.
9375.
8700.
8556.

14.
-192.
-207.
2.

5752.
6420.
6422.
6307.

1487.
1203.
870.
663.

2333.
1944.
1615.
1585.

9652.
7616.
5954.
4709.

2385.
1286.
783.
523.

3572.
3507.
2459.
1592.

310.
166.
151.
144.

4019.
3101.
2597.
2573.

-633.
-444.
-35.
-123.

-Q2...

-QJ...

-Q4...

112.5
J

******

|

12.8

J

10.7

4.2

14.3

|

12.4

1977-Q1...
-Q2...
-Q3...
-Q4...

15.4
17.3
18.6
18.4

)
|
|

197H-Q1•.•
«Q2...
-Q3...
-Q4...

17.5
15.6
15.1
15.5

|
|

1979-Q1...
-Q2...
-Q3...
-Q4...

16.4
18.1
17.1
17.3

1980-Ql...
-Q2...

18.1
14.9
12.5
<11.0

1976-Q1...
-Q2...
-Q3...
-Q4...

******

1
|
|

1
t

|
|
|

|

|
|
|
______ L

-C3...

-0.9
4. 3
11.4
5.3

58.2
21.3
12.9
8.6

******

15.3

11.0
12.2
14.8
13.5

16.8
19.1
21.2
21.0

15.8
15.7
14.8
10.8

13.2
14.5
14.2
10.3

1.2
5.6
3.0
-0. 1

12.8
24.9
31.9
44.8

198.7
684.9
1030.6
343.7

9.1
10.7
13.6
13.8

19.7
16.5
15.4
16.3

7.4
5.4
6.8
9.6

4. 1
6.3
10.8

6. 7

-10.4
14.2
22. 1
38. 2

85.3
99.0
106.0
95.2

209.4
179.0
52.5
16.8

18.8
18.3
17.3
16. 1

29.3
43.3
50.7
52.9

16.3
18.1
15.6
15.6

10.5
10.3
9.8
10.0

14.6
16.6
16.7
21. 1

31.7
30.7
24.4
30.4

54.0
55.4
51.9
53.7

19.6
24.6
-4.7
-14.2

13.6
10.5
7.3
5.4

43.9
31.8
24.0
22.9

17.4
12.6
9.7
7.4

8.5
4.3
2.5
1.7

23.2

74. 1
28. 1
24.3
21.7

66.2
37.3
28.7
28.6

-11.2
-8.9
-1.0
-2.7

1 .0

5 .7

1. 1

1.0

5 . 5

6. 1
6.6
3.4
10.0

5.2
4.9
7.1
10.3

******

******

7.8

17.8
16.5
15.9
15.7

16.0

14.0
15.3
15.8
15.6

14.2
15.7
1 7.U
15.2

15.8
16.0
16. 1
15.9

12.2
16.3
18. 1
19.2

8.8
9.2
8.1
8.1

15.2
14.6
14.8
14.6

13.3
11.5
10.7

15.0
14.6
14.7
14.9

20.6
19.4
19.4
18.8

16.3
17.9
18.8
20.5
22.3
23.6
22.6
21.2

| ******

I

PERCENTAGE CHANGE FROH PREVIOUS YEAR

16.5
18.1
18.7
19.2
19.0
17.5
15.6
14.9

9.5
7,6

5.4
3. 3
1.0
0.2
-2.2
-2. 4

0.0

1 9 7 5 - 0 4 . . .

|

******

1 9 7 6 - Q 1 . . . |

******

- Q 2 . . . |
- Q 3 . . .

******

|

******

- Q 4 . . . |

•••••*

1 9 7 7 - Q 1 . . . |

* '* * • * •

- Q 2 . . . I

•*•••*

- Q 3 . . . I

* *****

- Q 4 . . . |

******
*••**•

1 9 7 8 - Q 1 . . . |
— Q 2 . •« |

******

- Q J . . . i

******

- Q 4 . . .

|

*•**••

1 9 7 9 - Q 1 . . . I
- Q 2 —

******

|

******

- Q 3 . . . I

******

- Q 4 . . . |

******

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

******

- Q 2 . . . I

******

- Q 3 . . . 1

******

- Q 4 . . . |

******




-1 -

14. 1

8.8

182.6

1

1 0 0 .0

1 9 .3

4 9 .6

2 0 .8

1 0.3

1 0 0 .0

1 8 .5

5 0 .5

2 0 .5

1 0 .5

1 0 0 .0

1 8 .5

5 0 .8

20. 4

1 0 .3

1 0 0 .0

1 8 .4

5 1 .0

2 0. J

1 0 .3

1 0 0 .0

1 8 .5

5 1 .0

2 0 .4

1 0 .2

1 0 0 .0

1 8 .5

5 1 .3

2 0 .2

1 0 .0

1 0 0 .0

1 8 .6

5 1 .1

2 0 .5

9 .8

1 0 0 .0

1 8 .6

5 1 .1

2 0 .7

9 .6

1 0 0 .0

1 8 .4

5 1 . 1

2 1 .0

9 .5

1 0 0 .0

9 .5

1 0.2

5 1 .2

21. 1

1 0 0 .0

18. 1

5 1 .1

2 1 .4

9 .4

1 0 0 .0

1 7 .9

5 1 .0

2 1 .5

9 .5

1 0 0 .0

1 7 .6

5 1 .2

2 1 .8

9 .4

2 1 .6

1 0.5

1 0 0 .0

16. 1

5 1 .0

2 1 .4

1 1 .4

1 0 0 .0

1 5 .6

51*0

2 1 .3

12. 1

1 0 0 .0

1 4 .9

5 1 .8

2 1 .2

12.1

1 0 0 .0

1 6 .8

5 1 .1

i

1 9 0 O - Q 1 --------- |

' 21.0

-7.5

******

PERCENTAGE OF TOTAL SP EC IF IE D DEBT

1
1

16.2

L
112.6

1
1
1
1
1
1
1

14.9

1 2 .7

1 0 0 .0

1 4 .2

5 2 .5

2 0 .6

1 0 0 .0

1 3 .4

5 3 .6

2 0 .2

1 2 .8

1 0 0 .0

1 3 .2

5 4 .1

1 9 .7

1 3 .0

1 0 0 .0

1 3 .0

5 4 .6

1 9 .5

1 2 .9

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i

1

1 0 0 .0

6 0 .1

3 2 .

1 0 0 .0

5 9 .8

3 2 .5

1

1 .2

1 0 0 .0

6 0 .1

3 2 .6

1 .0

5 . 8

0 .5

1 0 0 .0

6 0 .2

3 2 .4

1 .0

5 . 8

0 .6

1 0 0 .0

5 9 .7

3 1 .4

1 .0

5 .3

2 .6

1 0 0 .0

5 9 .3

3 1 .5

0 .9

5 . 3

3 .0

100.

0

5 8 .4

3 1 .3

0 .9

6 .1

1 0 0 .0

5 7 .0

3 0 .5

0 .9

6 .3

5 .3

1 0 0 .0

5 4 .7

2 8 .6

0 .8

6 .4

9 .5

1 0 0 .0

3 .3

5 3 .2

2 8 . 1

0 .7

8 .2

1 0 0 .0

5 2 .8

2 8 .0

0 .9

1 0 .5

7 .8

1 0 0 .0

5 2 .7

28. 1

0 .9

1 1 .2

7 . 0

1 0 0 .0

5 1 . 5

2 7 .2

0 .9

1 0 .7

9 .6

2 7 .7

0 .8

1 0 .9

10. 1

9 .9

1 0 0 .0

5 0 .5

1 0 0 .0

4 9 -3

2 7 .7

1.0

1 3 .8

1 0 0 .0

5 0 . 1

2 8 .4

1 .0

1 4 .7

5 .8

1 0 0 .0

4 9 .0

2 6 .5

1. 1

1 4 .2

7 .1

100 .0

4 6 .7

6 .3

2 9 .0

1. 1

1 5 .5

7 .7

1 0 0 .0

4 5 .7

2 9 .7

1.1

1 6 .8

6 .7

1 0 0 .0

4 6 .9

2 9 . 5

1.1

1 7 .3

5 .2

100 .0

4 6 .4

2 8 .9

1 .2

1 7 .0

6 .4




8

AGRICULTURAL FINANCE DATABOOK — QUARTERLY SERIES

200

JANUARY 1981

FARM LENDING OPERATIONS AND EXPERIENCE OF NONBANK INSTITUTIONS

210

PBODUCTION CBEDIT ASSOCIATIONS

211

LOANS OUTSTANDING

211- 1Q
211.2Q
212

A C T U A L ................................................................ 11
S E AS ON AL LY ADJUSTED ANNUAL BA T E ..................................... 12
FOUR-QUARTER MOVING TOTAL............................................13

RENEWALS AND COLLECTIONS (SEE NOTE BELOW)

213. 1Q
213.2Q
213.30

220

ACTUAL................................................................. 9
SEASONALLY ADJUSTED................................................. 10

LOANS HADE AND NEW LOANS

212.1Q
212.2Q
212.30
213

(AGfiICULTUBAL LOANS, EXCEPT AS NOTED)

ACTUAL................................................................14
SEASONALLY ADJUSTED ANNUAL BATE.................................... 15
FOUR-QUABTEK MOVING TOTAL.......................................... 16

FEDEEAL LAND BANKS (AGRICULTURAL LOANS)

221

LOANS OUTSTANDING

221. 1Q ACTUAL........ ...................................................... 17
221.2Q SEASONALLY ADJUSTED................................................. 18
222

LOANS CLOSED

222. 10 ACTUAL.................... ..........................................19
222. 20 SEASONALLY ADJUSTED ANNUAL RATE....................................20
222.3Q FOUR-QUARTER MOVING TOTAL.......................................... 21
223

LOANS CLOSED AND NEW MONEY LOANED

223. 10 ACTUAL................................................................ 22
223.2Q
SEASONALLY ADJUSTED ANNUAL BATE..................................... 23
223. 3Q
FOUR-QUARTER MOVING TOTAL............................................24
224

REFINANCING AND REPAYMENTS

224.10
224.20
224. 30

230

ACTUAL................................................................ 25
SEASONALLY ADJUSTED ANNUAL RATE..................................... 26
FOUR-QUARTER MOVING TOTAL............................................27

LIFE INSURANCE COMPANIES

231

FARM MORTGAGES OUTSTANDING AND ACQUIRED

231.1Q
231.20
231.3Q
232

ACTUAL.................................................................28
SE AS ON AL LY ADJUSTED.................................................. 29
FOUR-QUARTER MOVING TOTAL (MORTGAGES ACQUIRED ONLY)................ 30

FABM MO BT GA GE C O M M I T M E N T S — O U T S TA ND IN G AND NEW

232. 10
232. 2Q
232.3Q

SOURCES:

ACTUAL................................................................. 31
SEASONALLY ADJUSTED.................................................. 32
FOUB-QUABTEB MOVING TOTAL (NEWCOMMITMENTS ONLY)................... 33

"PRODUCTION CREDIT ASSOCIATIONS— SELECTED MONTHLY LOAN DATA,"
SUPERVISORY DIVISION# FARM CREDIT ADMINISTRATION;
"FEDERAL LAND BANKS— SUMMARY OF SELECTED MONTHLY LOAN DAIA,"
TECHNICAL SERVICES DIVISION, FARM CBEDIT ADMINISTRATION;
"DISTRIBUTION OF INVESTMENTS OF U.S. LIFE INSURANCE COMPANIES,"
AND "FORWARD INVESTMENT COMMITMENTS OF REPORTING LIFE INSURANCE
COMPANIES," AMERICAN COUNCIL CF LIFE INSURANCE.

DATA IN THIS SEC1ION ARE OBTAINED FROM TIMELY MONTHLY REPORTS, HOST OF WHICH
ARE NOT REVISED TO REFLECT LATER CHANGES OR CORRECTIONS.
IF ONLY YEAR-END
DATA ON OUTSTANDING LOAN VOLUME ARE REQUIRED, USE THE SERIES IN SECTION 100
OF THE
FOR PRODUCTION CBEDIT ASSOCIATIONS, DATA ON LOANS OUTSTANDING AND LOANS HADE
DO NOT INCLUDE RURAL iiuME LOANS, FARM-RELATED BUSINESS LOANS, OB AQUAIIC
LOANS. DATA ON COLLECTIONS AND RENEWALS DO INCLUDE THESE LOANS; HOWEVER,
THESE TYPES OF LOANS REPRESENTED ONLY 2.6 PERCENT OF TOIAL OUTSTANDING LOANS
AT PRODUCTION CREDIT ASSOCIATIONS AS OF DECEMBER 1980.

9
TABLE 211. IQ

BID OF
QUARTER

PRODUCTION CBEDIT ASSOCIATIONS
LOANS OUTSTANDING

!|

AMOUNT
MILLIONS OF DOLLARS

1

1

PERCENTAGE CHANGE
FROM PREVIOUS

END OF | CHANGE FROM PREVIOUS)
QUARTER |
1 QUARTER
_J_____
_JL J B i m
- XJAB ___ L.
|
|

I

YEAR

J

1

_L.

113.
185.
-26.
-154.

194.
161.
137.
118.

8.3
12.4
-1.6
-9.3

15.0
10.6
9.1
8.6

1961-Q1..
-02..
-Q3..
-Q4..

132.
192.
-7.
-155.

137.
144.
163.
161.

8.8
1 1.8
-0.4
-8.6

9.2
8.6
9.9
10.8

1962-Q1..
-02..
-QJ...
-Q4. •

121.
222.
-13.
-127.

151.
181.
175.
203.

7.3
12.5
-0.6
-6.4

9.3
10.0
9.7
12.3

1963-Q1 •.
-02...
-03...
-Q 9..

176.
270.
-2.
-175.

258.
306.
31b.
266.

9. 5
13.3
-0. 1
-7.6

14.5
15.3
16.0
14.5

1964-Q1••
-02...
-QJ...
-Q4..«

154.
255.
-19.
-217.

247.
232.
215.
173.

7.3
11.2
-0.8
-8.6

12.2
10.1
9.4
8. 1

1965-Q1...
-Q2...
-03...
-09...

150.
297.
10.
-154.

169.
210.
239.
302.

6.5
12. 1
0.3
-5.6

7.4
8.3
9.5
13.2

1966-Q1...
-Q2...
-Q3...
-09...

207.
391.
-8.
-97.

359.
403.
3 86.
444.

8.0
12. 1
-0. 2
-3. 1

14.7
14.7
14.0
17. 1

1967— Q1.««
-Q2...
-Q3...
-Q9...

250.
359.
-44.
-57.

487.
505.
469.
509.

8. 2
10. 9
-1.2
-1. 6

17.3
16.1
14.9
16.7

1968-Q1...
-02...
-QJ...
-09...

226.
320.
-114.
-122.

485.
445.
375.
310.

6.4
8.5
-2.8
-3. 1

14.7
12.2
10.4
8.7

1969-Q1...
-Q2...
-03...
-Q9...

286.
422.
-59.
23.

370.
472.
527.
672.

7.4
10.2
-1.3
0.5

9.8
11.5
13.2
17.4

1970-Q1...
-02...
-Q3...
-09...

377.
449.
-101.
77.

763.
790.
747.
801.

8.3
9. 1
-1.9
1.5

18.4
17.3
16.6
1 7.7

1971-Q1...
-02...
-Q3...
-09...

425.
514.
-83.
-7 5.

849.
914.
933.
781.

8.0
8.9
-1.3
-1. 2

17.3
17. 1
17.7
14.6

1972-Q1...
-Q2...
-Q3...
-09...

318.
399.
-198.
1.

674.
559.
444.
519.

5.2
6.2
-2.9
0.0

11.7
8.9
7.2
8.5

1973-Q1...
-Q2...
-QJ...
~Q4...

329.
534.
185.
171.

530.
666.
1048.
1218.

5. 0
7.7
2. 5
2.2

8.2
9.7
15.8
18.4

1974-Q1...
-Q2...
-Q3...
-Q9...

352.
885.
341.
70.

1242.
1593.
1749.
1649.

4. 5
10.8
3.8
0.7

17.8
21.2
22.8
21.0

1975-Q1...
-Q2...
-03...
-Q9...

509.
692.
34.
4.

1805.
1612.
1305.
1240.

5.4
6.9
0.3
0. 0

22.0
17.7
13.8
13.0

1976-Q1...
-Q2...
-Q3...
-09...

376.
688.
316.
-125.

1106.
1303.
1584.
1455.

3.5
8.0
2.6
-1.0

11.0
12.2
14.8
13.5

1977-Q1...
-Q2...
-Q3...
-Q9...

387.
1166.
•320.
-615.

1466.
1743.
1748.
1258.

3.2
9.3
2. 3
-4.4

13.2
14.5
14.2
10,3

1978-Q1...
-Q2...
-Q3...
-Q4...

-27.
885.
643.
-53.

844.
563.
885.
1447.

-0.2
6.6
4.5
-0.4

6.7
4. 1
6.3
10.8

1979-Q1...
-Q2...
-Q3...
-Q4...

480.
1307.
764.
592.

1954.
2376.
2498.
3143.

3.2
8.5
4.6
3.4

14.6
16.6
16.7
21.1

1980-Q1...
-Q2...
-Q3...
-Q4...

9 OP.
1242.
-204.
-275.

3572.
3507.
2459.
1592.

5. 0
6.6
-1. 4
-1.4

23.2
21,0
14.1
8.8

196Q-Q1* *
-Q2..
-03..
-Q4..

NUMBER OF BORBOBERS
________
I P-P.CEN1AGE CHANGE
FROM PBEVIOUS
1
1
____
1 THOUSANDS!
YEAR
I
1 QUARTER

1

|

I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i
1
1
1
1
1
1
1
1
1
i
1
I
1
1
1
1
1
1
1
f
1
1
1
1
1
1
1
1
1
1
1
I
1
1
i
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

—

|
1
|
1
1
|

DOLLABS

___ L.. -

-1_

273.3
291.9
279.2
254.2

9.3
6.8
-4.3
-8.9

6.2
3.2
2.8
1.6

280.4
296. 1
285.7
261.3

10.3
5.6
-3.5
-8.5

2.6
1.5
2.3
2.8

281.7
298.7
288.8
269.0

7.8
6.0
-3.3
-6.9

0.5
0.9
1. 1
2.9

290.8
308.0
300.8
261.5

8. 1
5.9
-2.3
-6.4

3.2
3.1
4.2
4.7

299.3
313.6
308.1
288.2

6.3
4.8
-1.8
-6.4

3.0
1.8
2.4
2.4

301.7
315.8
310.2
293.8

4.7
4.6
-1.8
-5.3

0.8
0. 7
0.7
1.9

305.9
319.5
315.3
299.4

4. 1
4.4
-1.3
-5.0

1.4
1.2
1.6
1.9

310.6
322.8
319.3
306.5

3.7
3.9
-1. 1
-4.0

1.5
1.0
1.3
2.4

315.3
323.6
318.0
303.9

2.9
2.6
-1.7
-4.4

1.5
0.3
-0.4
-0.8

312.0
320. 1
313.3
301.2

2.6
2.6
-2. 1
-3.9

-1.1
-1.1
-1.5
-0.9

308. 1
314. 1
309.3
298.2

2.3
1.9
-1.5
-3.6

-1.2
-1.9
-1.3
-1.0

307.4
316. 1
313.6
303.8

3. 1
2.8
-0.8
-3. 1

-0.2
0.7
1.4
1.9

311.9
319.9
316.3
308.7

2.6
2.6
-1. 1
-2.4

1.5
1.2
0.8
1.6

314.7
321.2
319.9
311.9

2.0
2.1
-0.4
-2.5

0.9
0.4
1.2
1.0

318.9
329.3
330.6
323.8

2.3
3.3
0.4
-2.0

1.3
2.5
3.3
3.8

333.6
338.5
336.6
328.7

3.0
1.5
-0.6
-2.3

4.6
2.8
1.8
1.5

334.3
342.0
341.9
335.6

1.7
2.3
-0.0
-1.8

0.2
1.0
1.6
2. 1

341.7
350.4
350.6
342.0

1.8
2.6
0.0
-2.2

2.2
2.5
2.5
2.1

343.7
349.3
350.8
353.4

0.3
1.6
0.4
0.7

0.6
-0.3
0.1
3.1

350.0
358.5
360.0
358.0

-1.0
2.4
0.4
-0.5

1.8
2.6
2.6
1.3

365. 1
J7J.O
370.3
358.0

2.0
2.3
-0.9
-3.3

4.3
4.2
2.9
0.0

i
1
1
1
i
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
J
1
1
i
)
1
i
1
1
)
1
1
i
i
i
I
i
i
i
i
i
i
i
i
i
i
i
i
i
i
I
i
i
i
i
I
i
i
)
i
i
i
i
i
i
i
i
l
i
i
i
i
i
i
i
i
I
i
i
i
i
i
i
i
i
i
i
i

1__ :
_____________ _______________________________ L____________________________ 1




AVERAGE SIZE
PERCENTAGE
CHANGE
FROM
PREVIOUS

-IfiM5434.
5722.
5888.
5861.

8.3
7.3
6.2
6.9

5783.
6126.
6323.
6321.

6.4
7.1
7.4
7.8

6292.
6677.
6861.
6897.

8.8
9.0
8.5
9.1

6984.
7469.
7640.
7542.

11.0
1 1.9
11.3
9.4

7609.
0077.
8159.
7966.

8.9
8.1
6.8
5.6

8107.
8687.
8875.
8844.

6.6
7.6
8.8
11.0

9170.
9847.
9956.
10161.

13. 1
13.4
12.2
14.9

10600.
11313.
11300.
11587.

15.6
14.9
13.5
14.0

11980.
12660.
12525.
12704.

13.0
11.9
10.8
9.6

13293.
14275.
14396.
15050.

1 1.0
12.8
14.9
18.5

15935.
17062.
17000.
1789 1■

19.9
19.5
18.1
18.9

18734.
19843.
19737.
20128.

17.6
16.3
16. 1
12.5

20628.
21359.
20977.
21496.

10. 1
7.6
6.3
6.8

22127.
23340.
24014.
25180.

7.3
9.3
14.5
17.1

25731.
27605.
28531.
29344.

16.3
18.3
18.8
16.5

30010.
31618.
31902.
32682.

16.6
14.5
11.8
11.4

33250.
35106.
36036.
36338.

10.8
11.0
13.0
11.2

36828.
39233.
40130.
39253.

10.8
1 1.8
11.4
8.0

39067.
40971.
42625.
42162.

6. 1
4.4
6.2
7.4

43945.
46544.
48482.
50399.

12.5
13.6
13.7
19.5

51905.
54049.
53766.
54845.

18.1
16. 1
10.9
8.8

10
PRODUCTION CREDIT ASSOCIATIONS
LOAMS OUTSTANDING
SEASONALLY*ADJUSTED DATA

TABLE 211.20

AMOUNT
END o r
QUARTER

AVERAGE S IZ E

NUMBER OP BORROWERS

| PERCENTAGE CHARGE
|
MILLIONS OP DOLLARS
| PERCENTAGE ChANGE
1
1
1
FRCfl PREVIOUS
FROM PREVIOUS
1 ........................
............ ...... ....... |
1
1
|
|
| CHANGE FROM PREVIOUS
1 THOUSANDS!
j
1 END OF
1
_
_
_
1
1
| QUARTER
YEAR
| QUARTEB
YEAR
I
QUARTER | QUARTER
YEAR
1
1
-1.
________ 1____i S l A U
.
_ -1
- J ______________L . ~ i £ A l £ i —
_____ J___ _____________

1 9 6 0 -Q 1 ....
-Q 2 ....
-Q 3 ....
-Q 4 ....

•|
.1
.|
.1

1520.
1557.
1584.
1609.

155.
153.
112.
102.

198.
150.
133.
126.

10.4
10. 1
7 .2
6 .4

15.0
10.7
9 .2
8 .5

1 96 1 -Q 1 ....
-Q 2 ....
-Q 3 ....
-Q W ....

.1
.j
.|
.1

1659.
1692.
1743.
1778.

211.
136.
21 2.
145.

139.
135.
159.
169.

13.1
8 .2
12 .6
8 .3

9 .2
8 .7
10.0
10.5

1 9 6 2 - Q 1 . ••• •|
- Q 2 . . . . •1
- Q 3 . . . . .1
- Q « . . . . •|

1814.
1863.
1917.
1992.

148.
20 4.
22 7.
31 8.

155.
171.
174.
214.

8 .3
11.3
12.2
1 6. 6

9 .3
10.1
10.0
12.0

1963—Q 1 . . . .
-Q 2 ....
-Q 3 ....
-Q 4 -...

.1
.1
•j
.1

2076.
2152.
2231.
2272.

35 6.
324.
3 33 .
168.

262.
289.
314.
280.

1 7.9
15.6
1 5.5
7 .5

14.4
15.5
16.4
14.0

1 96 4 -Q 1 ....
-Q 2 ....
-Q 3 ....
-Q 4 ....

.1
.|
•|
•j

2325.
2375.
2451.
2447.

220.
205.
3 19 .
-1 5 .

249 .
222.
220.
175.

9 .7
8 .8
13.4
-0 .6

12.0
10.3
9 .8
7 .7

1 9 6 5 - Q 1 . •.1
- Q 2 . . . . .1
- Q 3 . . . . .|
- Q 4 . . . . .|

2493.
2578.
2698.
2758.

188.
361.
512.
251.

168.
204.
247.
ill.

7 .7
1 4 .5
1 9.9
9.3

7 .2
8 .6
10.1
12.7

1966— Q l . . . . .|
- Q 2 . . . . •|
-Q 3 .... |
- Q 4 . . . •.|

2851.
2966.
3094.
3216.

391 .
487.
546.
517.

359.
387.
396.
457.

1 4.2
17.1
18.4
16.7

14.4
15.0
14.7
16.6

1 9 6 7 -Q 1 .... .(
-Q 2 .... j
-Q 3 .
« .1
- Q 4 . . . . .1

3335.
3452.
3576.
3737.

503.
497.
520.
689.

48 3.
487.
482.
521.

1 5.7
14.9
15.1
19.3

17.0
16.4
15.6
16.2

1968-Q1. . . . I
- Q 2 . . . . .1
-Q 3 ----------.1
—Q 4 . •••

3812.
3885.
3966.
4043.

3 12 .
300.
334.
318.

4 78 .
433.
391.
307.

8 .4
7.9
8 .6
8.0

14.3
12.5
10.9
8 .2

1 9 6 9 - Q 1 . . . . , .|
- Q 2 . . . . < .1
-Q 3 ...... i
—Q 4 . . . ... j

4171.
4346.
4504.
4724.

537.
741 .
670.
944.

359.
460.
538.
680.

13.3
17.8
15 .4
2 1 .0

9. 4
11.8
13.6
16.8

1 9 7 0 - Q 1 . . . . •1
- Q 2 . . . . . .1
- Q 3 . . . . « .1
-Q 4 ....,

4927.
5111.
5253.
5529.

869.
779 .
593.
1193.

756.
766.
749.
806.

18.4
15 .8
11.6
2 2 .7

19.1
17.6
16.6
17.1

1 9 7 1 - Q 1 . . . . .1
- Q 2 --------- .1
- Q 3 . . . . .|
- Q 4 . . . .1

5775.
6002.
6175.
6307.

1049.
966.
723.
542.

847.
891.
922.
777.

1 9. 0
16.7
12.0
8 .8

17.2
17.4
17.5
14.1

1 9 7 2 - Q 1 . . . . .1
- Q 2 . . . . , .1
- Q 3 . . . . , •|
- Q 4 . . . . , .|

6455.
6558.
6597.
6810.

616 .
423.
155.
897.

681.
556.
421.
504.

9 .8
6 .6
2.4
1 3. 6

11.8
9.3
6.8
8 .0

1973-Q1. •••<. (
- Q 2 . . • .1
-Q 3 .. . . . |
- Q 4 . . . . .1

7003.
7222.
7609.
8031.

804.
919.
1676.
1832.

548 .
664 .
1012.
1220.

11.8
13. 1
2 3 .2
24. 1

8 .5
10.1
15.3
17.9

19 74-Q1. . . .1
- Q 2 . . . ...1
- Q 3 . . . •. |
- Q 4 . . •• •|

6279.
8786.
9302.
9690.

1039.
2226.
2251.
1651.

1276.
1564.
1693.
1659.

12.9
2 6 .9
2 5. 6
17 .7

18.2
2 1.7
2 2.3
2 0. 7

1 9 7 5 - Q 1 . . . . •|
- Q 2 . . . . , .|
- Q 3 . . . . .1
-Q 4 ....

10137.
10377.
10549.
10935.

1916.
996.
70o.
1630.

1858.
1591.
1247.
1245.

19 .8
9.8
6 .8
1 5.5

22.4
18. 1
13.4
12.9

1 9 7 6 -Q 1 ....
- Q 2 . . . . .1
- Q 3 . . . ...|
- Q 4 . . . . .1

11290.
11670.
12074.
12402.

1489.
1599.
1703.
1365.

1153.
1293.
1525.
1467.

13.6
14.2
14.6
11.3

11.4
12.5
14.5
13.4

1 9 7 7 - Q 1 . . . . .1
- Q 2 . . . . , .|
- Q 3 . . . . .1
—Q4» . . . . |

12802.
13388.
13771.
13672.

1682.
2507.
1599.
-392 .

1513.
1718.
1697.
1270.

13.0
19.6
11.9
-2 .8

13.4
14.7
14.1
10.2

1 9 7 8 - Q 1 . . . . •|
- Q 2 . . . . , .1
-Q 3 .... .!
« Q 4 . . . . .1

13669.
13951.
14624.
15115.

-9 .
1163.
2893.
2063.

867.
564.
853.
1443.

-0 . 1
8 .5
2 0.7
14.1

1 9 7 9 -Q 1 ....
-Q 2 ....
-Q 3 ....
-Q 4 ....

.|
•|
•|
•|

15674.
16280.
17066.
18289.

2363.
2569.
337 7.
5444.

2004.
2329.
2441.
3174.

1 9 8 0 - Q 1 . . . . .1
- Q 2 . . . . •1
- Q 3 . . . •.1
- Q 4 . . . . •I

19314.
19708.
19477.
19901.

4458.
1623.
-90S .
1753.

3640.
3427.
2411.
1612.




2 7 2 .8
2 7 5 .9
2 7 5 .7
272.1

7 .3
4 .7
-0 .3
-5 .1

6 .2
3 .2
2 .7
1.5

2 7 9 .9
28 0.6
2 82 .0
27 8 .7

11.9
1.1
2.0
-4 .5

2 .6
1.7
2 .3
2 .4

2 8 1 .4
284. 1
295.1
2 8 5 .9

3 .8
3. 9
1.4
1.1

0.5
1.2
1.1
2 .6

2 9 0 .5
2 94 .2
2 9 6 .9
2 97 .8

6 .6
5. 2
3 .7
1.2

3 .2
3 .5
4 .1
4 .1

29 9 .4
3 00 .6
3 0 4 .0
30 3 .2

2.2
2.0
4 .3
-1 .1

3.0
2 .3
2 .4
1 .8

302.1
30 4 .2
3 06 .2
30 7.4

-1 .4
2 .8
2.6
1.6

0 .9
1.1
0.7
1.4

3 06 .6
309.1
31 1.6
3 11 .7

-1 . 1
3.3
3.3
0. 2

1.5
1.6
1.7
1.4

31 1.3
3 13 .3
31 5.9
31 7 .7

-0 .5
2 .5
3 .4
2 .3

1.6
1.4
1.4
1.9

316. 1
3 15 .0
3 15 .0
31 4 .0

-2 .0
-1 .4
0.1
-1 .3

1.5
0.6
-0 .3
-1 .2

J 12. 7
312.3
3 1 0 .7
31 0.3

-1 .7
-0 .5
-2 .0
-0 .5

-1 .1
-0 .9
-1 .4
-1 .2

30 8.7
3 07 .0
3 0 6 .8
30 6.3

-2 .0
-2 .2
-0 .2
-0 .7

-1 .3
-1 .7
-1 .2
-1 .3

30 7 .9
3 09 .5
31 1 .2
31 1 .3

2 .0
2.1
2 .2
0 .2

-0 .3
0 .8
1.4
1.6

31 2.3
J13.fc
3 1 3 .7
3 15 .5

1.2
1.7
0.1
2 .4

1.4
1.3
0 .8
1.4

315.1
31 5.4
3 17 .3
318.1

-0 .5
0. 4
2. 4
1.1

0.9
0 .6
1.1
0 .8

31 9.4
32 3 .9
3 27 .8
3 29 .7

1.6
5 .7
4 .9
2. 3

1.4
2 .7
3. 3
3 .6

33 4.3
333.4
33 3.8
3 34 .0

5 .7
-1 .0
0 .4
0 .3

4 .7
3.0
1.6
1.3

33 5.3
33 7.3
339.1
34 0. 5

1.6
2.4
2.2
1.7

0. 3
1.2
1.6
2.0

34 2.9
3 46 .0
34 7 .9
347.**

2 .9
3.6
2 .2
-0 .6

2 .3
2 .6
2 .6
2 .0

4 .2
6. 2
10.6

1
1
1
1
1

345.1
34 5.0
34 8.0
3 57 .5

-2 .6
-0 .0
3.5
11.3

0 .6
-0 .3
0 .0
2.9

15.6
16.4
2 0 .7
3 1. 9

14.7
1o.7
16.7
21.0

1
1
1

3 51 .8
354.3
357.1
361.9

-6 .2
2. 9
3. 3
5 .5

1.9
2 .7
2 .6
1.2

1
1

2 4. 4
8 .4
-4 .6
9.0

23 .2
21.1
14.1
8. 6

367.1
3o9. J
367.3
362.0

5.8
2 .4
-1 .9
-5 . 9

4.4

1
1

6.8

I
I
1
1
1
1
1
1
1
1
1
1
1
1
1 ,,
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
<
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1

1

1
1

1
1
1

1

4 .2
2 .9
0 .0

1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

1
1

1
1
1

1
1
1
1
1
1
1

1
1
1

PERCENTAGE
CHANGE
FROM
PREVIOUS
YEAR

DOLLARS

-

-

-

5571.
5641.
5744.
5912.

8 .3
7 .2
6. 3
6.9

5928.
6029.
6180.
6379.

6 .4
6.9
7 .6
7 .9

6447.
655 7.
6724.
6967.

8 .8
8 .8
8 .8
9 .2

7145.
7316.
7515.
7630.

10.8
11.6
11.8
9.5

7767.
7893.
8061.
8071.

8. 7
7.9
7.3
5.8

8250.
847S.
8810.
897 2.

6 .2
7 .4
9. 3
11.2

9300.
9596.
9930.
10316.

12 .7
13.2
12 .7
15.0

10710.
11020.
11319.
11760.

15.2
14. H
14.0
1 4.0

12061.
12334.
12589.
12876.

12.6
11.9
11.2
9.5

13342.
13916.
14499.
1522 3.

10.6
12 .8
15.2
1 8.2

15962.
16651.
17123.
18051.

19.6
19.7
18.1
1 6.6

18757.
19395.
19846.
20258.

1 7. 5
1 6. 5
15 .9
12.2

20672.
20913.
21029.
21584.

1 0.2
7 .8
6.0
6 .5

22223.
22896.
23981.
25242.

7 .5
9 .5
14.0
16.9

25919.
27129.
28377.
29392.

16.6
1 8.5
18.3
16.4

30322.
31123.
31608.
32742.

17.0
14.7
11.4
11.4

33669.
34 599.
35607.
36422.

11.0
11.2
12.7
11.2

37334.
38698.
39587.
39357.

10 .9
11.8
11.2
8. 1

39614.
40434.
42021.
42279.

6 .1
4 .5
6. 1
7 .4

44555.
45951.
47785.
50534.

1 2. 5
1 3 .6
1 3.7
1 9. 5

52614.
53369.
52994.
54978.

13.1
16.1
10.9
8 .8

YABL1 212. IQ

PRODUCTION CREDIT ASSOCIATIONS
LOANS HADE AND NEN LOANS
NEN LOANS

LOANS HADE
QUARTER

| MILLIONS |
|
|
OF
(
DOLLARS 1
j

PERCENT AGEXCHANGE
FROH PREVIOUS
Q0A8TEB

IEAB

AS PERCENTAGE OF
7
|
COLLEC­
1 LOANS OUT­
i
STANDING*
TIONS

MILLIONS f
OF
|
DOLLARS |
....... _...... i

PERCENTAGE CHANGE
FROH PREVIOUS
TEAS

1
AS PEBCtN iAGE OF
i
. . ... ........
| LOANS OUTCOLLEC­
. 1 STANDING*_ TIONS

*****
-1 .9
-3 .6
3.5

34.
33.
24.
32.

132.
161*
94.
77.

1.1
-2 .0
-1 4. 3
31.5

12.8
5. 4
9.3
11.6

35.
32.
24.
32.

134.
160.
98.
79.

559.
574.
498.
681.

-3 .6
2 .6
-1 3.3
3 6. 8

6 .4
11.5
12.8
17.3

34.
32.
25.
34.

128.
163.
98.
84.

213.
228.
127.
118.

629.
650.
547.
691.

-7 .5
3.3
-1 5 .9
26 .4

1 2.5
13.3
9 .9
1.6

34.
32.
24.
30.

139.
171.
100.
80.

50.
39.
28.
42.

207.
222.
126.
117.

669.
658.
536.
687.

-3 .3
-1 .6
-1 8.6
2 8.3

6.2
1.2
-2 . 1
-0 .6

31.
29.
21.
27.

130.
164.
97.
76.

4.8
10 .5
14.0
17.8

48.
40.
29.
45.

209.
224.
129.
125.

683.
737.
626.
842.

-0 .6
7 .9
-15.1
34.4

2.2
12. 1
16.9
2 2 .5

30.
30.
23.
31.

128.
168.
102.
85.

8 .6
-1 5. 1
-1 6.3
4 2 .8

2 1 .0
16.0
2 0 .2
10.1

52.
41 .
3 0.
44.

206.
214.
125.
135.

862.
875.
762.
920.

2.4
1.4
-1 2.9
20 .7

2 6. 2
18.6
2 1 .7
9. 2

33.
31.
24.
29.

132.
164.
99.
91.

1519.
1286.
1048.
1573.

11.2
-1 5.2
-1 8 .6
50.0

12.7
12 .6
9 .6
15. 1

50.
39.
29.
4 4.

222.
218.
123.
140.

935.
953.
811.
1067.

1.6
2. 0
-1 4 .9
3 1.5

8 .4
9 .0
6.5
16.0

31.
29.
22.
30.

137.
161.
95.
9 5.

I
I
j
I

1723.
1408.
1167.
1755.

9. 6
-1 8.3
-1 7 . 1
50.4

13.5
9 .3
11.3
11.6

49 .
37.
28.
44 .

216.
215.
119.
137.

1011.
976.
871.
1162.

-5 .3
-3 .4
-1 0.7
3 3.4

8.1
2 .4
7.4
8 .9

28.
26.
21.
29.

127.
149.
89.
91.

1969-Q1.......... 4
- Q 2 « « . . « .1
- 0 3 — — .1
—0 4 « t

1924.
1683.
1365.
2105.

9 .6
-1 2 .5
-1 8.9
5 4.2

11.7
19.5
17.0
2 0.0

50.
41.
3 0.
47 .

226.
214.
123.
151.

11381212.
1050.
1423.

-2 . 1
6 .5
-1 3.4
35 .5

12.6
24.2
2 0. 5
2 2 .5

29.
29.
23.
32.

134.
154.
95 .
102.

197Q“ Cl
«.1
- 0 2 .......... >|
- 0 3 .........., |
- Q 4 .......... . i

2354.
1918.
1610.
2395.

11.8
-1 8.5
-1 6 .0
4 8- 7

22 .4
13.9
18.0
13.7

52 .
39.
30.
46 .

229.
206.
123.
156.

1410.
1371.
1211.
1616.

-0 .9
-2 .8
-1 1.7
33.4

2 3 .9
13.1
15.4
13.6

31.
28.
23.
31.

137.
147.
93.
105.

1971-01.......... |
-0 2 —
. |
- 0 3 .......... . 1
-Q 4 -....

2694.
2224.
1845.
2658.

12.5
-1 7 .5
-1 7.0
4 4. 0

14.5
16.0
14.6
11.0

51.
39.
29 .
43.

235.
215.
128.
145.

1580.
1554.
1363.
1773.

-2 .3
-1 .6
-1 2.3
30. 1

12.0
13.3
12.5
9. 7

30.
27.
22.
29.

138.
150.
95.
97.

1^72 ~Q1...........(
- 0 2 .......... .|
**03.......... .4
- Q 4 . . . . « ,|

3032.
2486.
2022.
2899.

14. 1
-1 8 .0
-1 8.7
43.4

12.5
11.8
9 .6
9.1

50.
39.
30.
44 .

211.
191.
118.
147.

1763.
1710.
1515.
1989.

-0 .6
-3 .0
-1 1.4
31.3

11.6
10.0
11.2
12.2

29.
27.
22.
30.

123.
131.
89.
101.

1 9 7 3 -Q 1 . ........,4
■|
“ Q3.......... |
- 0 4 .......... 4

3575.
2924.
2756.
3774.

2 3.3
-1 8 .2
-5 .8
3 7 .0

17.9
17 .6
3 6 .3
3 0. 2

54.
42.
37 .
49.

193.
186.
142.
149.

2 I 86.
2109.
2126.
2702.

9.9
-3 .5
0.8
27.1

2 4.0
2 3.4
40.4
3 5 .8

33.
30.
28.
35.

118.
134.
110.
107.

1974-Q1.......... , |
- Q 2 ........... |
“ 03........... 4
- Q 4 ........... |

4065.
3402.
2965.
3927.

7 .7
-1 6 .3
-1 2 .8
3 2. 4

13.7
16.4
7 .6
4.1

52.
41.
33.
42.

185.
213.
157.
152.

2556.
2489.
2266.
2670.

-5 .4
-2 .6
-9 .0
17.8

16.9
18.0
6 .6
-1 .2

33.
30.
25.
28.

116.
156.
120.
103.

1975-Q1...........
- 0 2 ...........
- 0 3 ...........
- 0 4 ...........

J
1
i
4

4450.
3915.
3181.
4452.

13.3
-1 2 .0
-1 8 .7
4 0.0

9 .5
15.1
7 .3
13.4

47.
39.
30.
41.

215.
194.
134.
147.

2574.
2728.
2403.
3043.

-3.6
6 .0
-1 1 .9
2 6.6

0 .7
9 .6
6.0
14.0

27.
27.
22.
28.

124.
135.
101.
100.

1 97 6- fl l...........
- 0 2 ..........
- 0 3 ..........
- Q 4 ..........

|
1
|
j

5321.
4565.
3524.
4845.

19.5
-1 4 .2
-2 2 .8
3 7.5

19.6
16.6
10.8
8 .8

50.
41.
29.
39.

196.
191.
148.
142.

3088.
3290.
2704.
3288.

1.5
6. 5
-1 7 .8
21 .6

2 0. 0
2 0 .6
12.5
8 .0

29.
30.
23.
27.

114.
138.
113.
97.

m 7 - q i .......... ,4
“ Q2.......... |
- 0 3 .......... j
-Q 4 ........... |

6000.
5141.
3858.
5050.

2 3.8
-1 4.3
-2 5 .0
3 0.9

12.8
12.6
9 .5
4.2

49 .
41.
28.
36.

196.
207.
147.
126.

3439.
3642.
2942.
3397.

4. 6
5 .9
-1 9.2
15.5

11.4
10.7
8 .8
3 .3

28.
29.
21.
24.

113.
147.
112.
85.

1978-Q1........... 4
- 0 2 .......... ,4
-Q 3 ..... 4
-04.... |

6380.
5725.
4714.
6379.

2 6. 3
-1 0 .3
-1 7.7
3 5 .3

6 .3
11.4
2 2 .2
2 6.3

47 .
43.
33.
43.

174.
179.
153.
136.

3664.
4068.
3699.
4604.

7 .9
11.0
-9 .1
2 4. 5

6 .5
11 .7
25.7
35.6

27.
30.
26.
31.

100.
127.
120.
98.

1979-Q1...........,|
-0 2 ..... |
-03.......... 4
- 0 4 ........... |

7937.
7122.
5752.
8216.

24.4
-1 0.3
-1 9.2
4 2.8

24 .4
2 4.4
2 2 .0
2 8 .8

53.
46 .
34.
47.

179.
177.
149.
148.

4896.
5291.
4578.
6110.

6 .3
8. 1
-1 3 .5
3 3. 5

3 3.6
3 0.1
2 3 .8
3 2 .7

33.
34.
27.
35.

110.
132.
119.
110.

1980-Q1..........
- 0 2 ..........
- 0 3 ...........
- 0 4 ...........

9613.
7996.
6158.
8521.

17.0
-1 6 .8
-2 3.0
38.4

21 . 1
12.3
7.1
3 .7

53 .
42.
30.
43.

187.
182.
124.
132.

6051.
5618.
4635.
6151.

-1 .0
-7 .1
-1 7.5
32.7

2 3.6
6 .2
1.2
0 .7

34.
30.
23.
31.

118.
128.
93.
95.

1960-Q1___ . . I
- Q 2 .......... <
- Q i .......... S

703.
641.
S10.

-1 .6
-8 .9
-2 0.5
4 7.9

5 .5
2 .6
0. 1
5.5

51.
43.
31.
46.

199.
211.
119.
112.

466.
489.
404.
520.

-7 .2
4 .8
-1 7.4
28 .7

1 9 6 1 -Q 1 -...

1
(
-Q 3 « * . - ,1
.(

799.
678.
562.
830.

6 .0
-1 5.2
-1 7 .0
47.6

13.6
5 .8
10.3
10. 1

54.
42.
31.
46.

203.
210.
125.
113.

526.
515.
441.
580.

1962-Q1........ I
- Q 2 . . . - .1
- Q 3 -------- .1
- Q 4 -------- J

866.
763.
631.
957.

4.3
-1 1 .8
-1 7.3
51.6

8 .3
12.6
12.3
15.3

52.
43.
32 .
48.

198.
217.
124.
119.

1 9 6 3 -Q 1 .-.. i
“ Q2.......... . (
- 0 3 .......... .(
..........

968.
866.
697.
1020.

1.2
-1 0 .6
-1 9.5
46 .5

11.8
13.4
10.3
6 .6

52.
43.
30.
44 .

1964-01..........>|
*02.......... .1
- 0 3 .......... |
~Q4.......... .4

1062.
892.
699.
1053.

4. 1
-16. 1
-2 1.6
50.7

9 .7
3.0
0.3
3.2

1 9 6 5 - Q 1 . . . . .1
- 0 2 .......... |
-0 3 .... I
— Q 4 . . . . .1

1114.
986.
796.
1240.

5 .8
-1 1.5
-1 9.2
55 .8

19 6 6 -Q 1 . . . .
-Q 2 ..«.
- 0 3 ..........
- Q 4 ..........

|
)
j
4

1347.
1144.
957.
1366.

1967-Q1..........
-0 2 .....
- Q 3 ..........
“ Q4..........

I
1
4
I

1968-Q1..........
- 0 2 ..........
- 0 3 ..........
- 0 4 ..........

|
4
4
|

* LOANS OUTSTANDING AT END OF PRECEDING QUARTER.
"MSB LOANS" ARE COHPUTED AS LOANS HADE LESS RENEWALS.




RENEWALS INCLUDE SOHE NONAGRICULTURAL LOANS (SEE NOTE ON PAGE 8)

..

12

* TABLE 2 12.2Q

QUABTEB

1 96 Q -Q 1....
- Q 2 --------Q 3 ....
...

PRODUCTION CBEDII ASSOCIATIONS
LOANS HADE AND NEH LOANS
SEASONALLY-ADJUSTED ANNUAL BATE

I
1 _ _ ____
| MILLIONS
1
OP
| DOLLABS
i
1
.|
2506.
.|
2627.
.1
2641.
.|
2680.

MEN LOANS

LOAMS HADE
|
|
|
i

PERCENTAGE CHANGE
PBOM PBEVIOUS
QUABTEB

IEAB

AS PERCENTAGE Of
" loans"outcollecSIABDIMS*____II Q B 5 __

MILLIONS |
|
OP
OOLLABS 1
1

PERCENTAGE CHANGE
PROM PBEVIOUS
QUARTER .....

Y Eit

,|
AS PERCENTAGE OP
|1—
COLLBC1| LOANS O U T _ jL_ .STANDING*____IIQMS

-1 .2
4 .8
0 .5
1.5

5 .7
2 .6
0.4
5.6

169.
173.
170.
169.

151.
150.
149.
146.

1824.
1896.
1907.
1890.

*****
3.9
0 .6
-0 .9

*****
*****
*****
*****

123.
125.
123.
119.

110.
108.
108.
103.

1 9 6 1 - Q 1 . . . . .|
.1
- Q 3 -------- .1
- Q 4 . . . . .1

2838.
2775.
2925.
2961.

5 .9
-2 .2
5 .4
1.3

13.2
5 .6
10 .8
10.5

176.
167.
173.
170.

155.
149.
156.
150.

2057.
2000.
2083.
2112.

8 .9
-2 .8
4 .1
1.4

12.8
5 .5
9 .2
11.8

128.
121.
123.
121.

113.
107.
111.
107.

1 9 6 2 - Q 1 . . . . .1
-Q 2 ....
. I
- Q 4 -------- I

3072.
3122.
3305.
3418.

3.7
1.6
5.9
3 .4

8 .2
12.5
13.0
15.4

173.
172.
177.
178.

151.
155.
156.
157.

2194.
2220.
2365.
2479.

3 .9
1.2
6 .5
4 .8

6l 7
11.0
13.5
17.4

123.
122.
127.
129.

108.
110.
112.
114.

1 9 6 3 - Q 1 . . . . .|
-Q 2 .... I
-Q 3 -------- .1
- Q 4 . . . . .1

3415.
3528.
3660.
3628.

-0 .1
3.3
3 .7
-0 .9

11 .2
13 .0
1 0.7
6 .1

171.
170.
170.
163.

164.
163.
160.
155.

2451.
2513.
2596.
2521.

-1 .1
2.5
3 .3
-2 .9

11.7
13.2
9 .8
1.7

123.
121.
121.
113.

118.
116.
113.
107.

1 9 6 4 -Q 1 .. . . .1
-Q 2 ....
-Q 3 . . . . .J
-Q 4 ....

3732.
364 5.
3678.
3730.

2.8
-2 .3
0.9
1.4

9-3
3 .3
0 .5
2 .8

164.
157.
155.
152.

159.
161.
100.
149.

2622.
2531.
2505.
2509.

4 .0
-3 .5
-1 .0
0.1

7 .0
0.7
-3 .5
-0 .5

115.
109.
106.
102.

112.
112.
109.
100.

1 96 5 -Q 1 ....
-Q 2 ....
-Q 3 ....
“ Q4--------

.1
•|
.1
•|
i
|
.1
. j
•|

389 5.
404 0.
4200.
4402.

4.4
3.7
4.0
4.8

4 .4
10.8
14 .2
18.0

159.
162.
163.
163.

160.
164.
168.
156.

2684.
2858.
2969.
3080.

7.0
6.5
3 .9
3 .7

2.4
12.9
18.5
2 2. 8

110.
115.
115.
114.

111.
116.
119.
109.

4676.
4692.
5057.
4896.

6.2
0. 4
7.8
-3 .2

2 0 .0
16.1
2 0.4
11.2

170.
165.
171.
158.

157.
160.
165.
167.

3329.
3404.
3639.
3380.

8. 1
2. 3
6 .9
-7 .1

2 4.0
19.1
2 2.6
9. 7

121.
119.
123.
109.

112.
116.
119.
115.

1 9 6 7 - Q 1 . . . . .1
.1
- Q 3 -------- .|
- Q 4 - . . . .|
1
1 9 6 8 - Q 1 . . . . .|
- Q 2 . . . •.|
- 0 3 . . . . .|
- Q 4 . . . . .|

5237.
5320.
5533.
5680.

7.0
1.6
4 .0
2.7

12.0
13.4
9 .4
16.0

163.
160.
160.
159.

168.
167.
165.
171.

3627.
3716.
3813.
3922.

7 .3
2 .4
2 .6
2. 9

9 .0
9.2
4.8
16.0

113.
111.
110.
110.

117.
117.
114.
118.

5904.
5804.
6137.
6377.

3 .9
-1 .7
5.7
3.9

12.7
9 .1
10 .9
12.3

158.
152.
158.
161.

163.
168.
162.
164.

3954.
3787.
4015.
4246.

0 .8
-4 .2
6 .0
5 .8

9.0
1.9
5 .3
8 .3

106.
99.
103.
107.

109.
110.
106.
109.

1 9 6 9 - Q 1 . . . . .|
- 0 2 --------- . (
- Q 3 . . . . .1
- Q 4 . . . . , •|

6537.
6983.
7154.
7647.

2.5
6.8
2.5
6.9

10.7
2 0 .3
16.6
19.9

162.
167.
165.
170.

172.
172.
169.
176.

4409.
4773.
4922.
5193.

3 .8
8 .3
3.1
5 .5

11.5
2 6 .0
22.6
2 2 .2

109.
114.
113.
115.

116.
118.
116.
119.

1 9 7 0 -Q 1 ....
- Q 2 . . . . •i
- Q 3 - . . . .|
- Q 4 . . . .,.|

7961.
7995.
8411.
8754.

4 .1
0 .4
5 .2
4. 1

2 1 .8
14.5
17.6
14.5

169.
162.
165.
167.

175.
170.
164.
178.

5407.
5425.
5620.
5910.

4.1
0 .3
3. 6
5 .2

2 2. 6
13.6
14.2
13.8

114.
110.
110.
112.

119.
115.
109.
120.

1 9 7 1 - Q 1 . . . •. j
- Q 2 . •••
- Q 3 . . . . .1
- Q 4 . . . . •|

9097.
9275.
9596.
.9800.

3 .9
2.0
3.5
2. 1

14.3
1 6.0
14.1
12.0

165.
161.
160.
159.

182.
180.
169.
164.

6079.
6154.
6253.
6527.

2 .9
1.2
1.6
4. 4

12.4
13.4
11.3
10.4

110.
107.
104.
106.

122.
120.
110.
109.

1 9 7 2 -Q 1 .. . . . |
- 0 2 --------- .|
- 0 3 . . . . .1
- 0 4 -------- .1

10220.
10389.
10453.
10861.

4 .3
1.6
0.6
3 .9

12.4
12.0
8 .9
10.8

162.
161.
159.
165.

168.
162.
153.
168.

6796.
6750.
6959.
7380.

4.1
-0 .7
3. 1
6. 1

11.8
9 .7
11.3
13.1

108.
105.
106.
112.

111.
105.
102.
114.

1 9 7 3 -0 1 ---. . |
- 0 2 . . . . .|
- 0 3 . . . •. )
- Q 4 . . . . .|

12058.
12110.
14195.
14282.

11.0
0. 4
17.2
0 .6

18.0
16.6
3 5 .8
3 1 .5

177.
173.
197.
188.

158.
158.
180.
171.

83 33.
8373.
9849.
10144.

12.9
0 .5
17.6
3 .0

2 2 .6
2 4. 0
4 1. 5
3 7. 5

122.
120.
136.
133.

109.
110.
125.
121.

1 97 4 -Q 1 ....
-Q 2 ....
-Q 3 ....
-Q 4 ....

.|
.|
•|
.|

13702.
13874.
15241.
14863.

-4 .1
1.3
9 .9
-2 .5

13.6
14.6
7.4
4.1

171.
168.
173.
160.

156.
182.
193.
173.

9683.
9748.
10385.
9949.

-4 .5
0 .7
6.5
-4 .2

16.2
16.4
5 .4
-1 .9

121.
118.
118.
107.

110.
128.
132.
116.

1 9 7 5 - Q 1 . . . . .1
- 0 2 . . . . •|
- 0 3 --------- .1
-Q 4 .... . |

15038.
15801.
16366.
16900.

1.2
5.1
3 .6
3 .3

9.8
13.9
7 .4
13.7

155.
156.
158.
160.

184.
165.
160.
168.

10072.
10483.
10911.
11410.

4.0
7 .5
5.1
14.7

104.
103.
105.
108.

123.
110.
107.
113.

1 9 7 6 - Q 1 . . . . .|
-Q 2 .... . |
- Q 3 --------- . |
- Q 4 -------- •|

17903.
18240.
18186.
18620.

5 .9
1.9
-0 .3
2 .4

19. 1
15.4
11.1
10.2

164.
162.
156.
154.

169.
163.
173.
165.

12044.
12569.
12376.
12516.

5 .6
4 .4
-1 .5
1.1

19.6
19.9
13.4
9 .7

110.
111.
106.
104.

113.
112.
118.
111.

1 9 7 7 - Q 1 . . . ••|
-0 2 .... . |
- Q 3 . . . . .|
- Q 4 . . . . •|

20126.
20434.
19972.
19657.

8.1
1.5
-2 .3
-1 .6

12.4
12.0
9 .8
5 .6

162.
160.
149.
143.

170.
178.
170.
147.

13459.
13765.
13447.
13043.

7 .5
2.3
-2 .3
-3 .0

11.7
9 .5
8 .7
4 .2

109.
108.
100.
95.

114.
120.
115.
98.

1 9 7 8 -Q 1 .. .j
- Q 2 . ••• . |
- Q 3 -------- . I
- Q 4 . . . ••|

21260.
22729.
24443.
25108.

8.2
6.9
7 .5
2.7

5.6
11.2
22.4

151.
155.
175.

11. 1
3. 5

5 .8
12.6
28 .0
36 .6

104.
113.
123.

1 6 1 .

14242.
15500.
17212.
17813.

9 .2

2 7.7

156.
166.
175.
172.

122.

101.
106.
123.
114.

26391.
28208.
29791.
32557.

5.1
6 .9
5 .6
9.3

24. 1
24. 1
2 1- 9
2 9 .7

175.
180.
183.
191.

156.
153.
169.
175.

18553.
20324.
21448.
23654.

4.2
9.5
5 .5
10.3

30.3
31.1
24.6
32.8

123.
130.
132.
139.

110.
111.
122.
127.

32029.
31672.
31860.
33344.

-1 .6
-1 . 1
0 .6
4.7

21 .4
12.3
t>.9
2. 4

175.
164.
162.
171.

165.
157.

22851.
21249.
21045.
23403.

-3 .4
-7 .0
-1 .0
11.2

23.2
4 .5
-1 .9
-1 .1

125.
110.
107.
120.

117.
106.
93.
108.

1 9 6 6 -Q 1 ....
-Q 2 ....
- Q 3 --------Q 4 ....

1 9 7 9 -Q 1 ....
-Q 2 .. . .
-Q 3 .. . .
-Q 4 ....

.|
.1
.1
.|

1 9 8 0 - Q 1 - - - •. |
- Q 2 . . . . .|
- Q 3 . . . . .|
- Q 4 . . . . .|
1

1 4 0 .

154.

1.2
4. 1
4. 1
4 .6

8 .8

• SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OP PRECEDING QUARTER.

"NEW LOANS" ABB COMPUTED AS LOANS MADE




LESS

RENEWALS.

RE NE WA LS

IN CL U D E

SOME

NON» G ia C U L T O R A L

L O AN S

(SEE

NC1E

ON

P AGE

8)

13

TABLE 212.3Q

PRODUCTION CREDIT ASSOCIATIONS
LOANS BADE AND NEN LOANS
FOUR-QUARTER BOTING TOTAL
LOANS HADE

I

NEN

LOANS

I

CHANGE PROS
PBEVIOUS YEAR

I
YEAS
ENDING—

|

I
|

BILLIONS
OF
DOLLARS

1
1
1
. I

BILLIONS
OF
DOLLARS

|

AS

PERCENTAGE OF

|
OUT­
STANDING*

LOANS

PERCENT |

CHANGE FBOB
PREVIOUS YEAR

BILLIONS
OF
|i
............... ..
DOLLARS || BILLIONS
OF
1I
. . _ JL DOLLARS

|

AS PERCENTAGE OF

|

_

LOANS OUT­
STANDING*

COLLEC­
TIONS

*****
*****

133.
128.
123.
122.

112.
110.
108.
107.

PERCENT

|

_

3 .7

180.
175.
170.
169.

151.
150.
149.
148.

1886.
1876.
1861.
1879.

******
******
******
******

5.9
6.7
8 .7
10.0

172.
171.
170.
170.

150.
151.
152.
151.

1938.
1964.
2002.
2062.

52.
88.
141.
183.

2.8
4 .7
7. 6
9 .8

123.
122.
122.
123.

108.
108.
109.
109.

232.
281.
298.
348.

8. 6
10.3
10.7
12.1

170.
172.
171.
174.

151.
153.
152.
153.

2096.
2155.
2211.
2312.

158.
190.
209.
250.

3.1
9. 7
10.5
12.1

122.
122.
122.
125-

108.
109.
109.
110.

3320.
3N22.
3N87.
3551.

384.
401.
397.
333.

13.1
13.3
12.8
10.4

175.
174.
171.
167.

157.
159.
159.
158.

2382.
2458.
2507.
2518.

286.
303.
296.
206.

13.6
14. 1
13.4
8.9

125.
125.
123.
119.

112.
11 N.
115.
112.

196N-Q1•••• .1
- Q 2 . . . ••|
- Q 3 . . . •. j
- Q N . . . . .1

36N5.
3671.
3673.
3705.

325.
249.
186.
154.

9.8
7 .3
5 .3
4 .3

167.
163.
159.
157.

158.
158.
157.
156.

2557.
2565.
2553.
2549.

176.
107.
46.
31.

7.4
4 .3
1.8
1.2

117.
114.
111.
108.

111.
110.
109.
107.

1 9 6 5 - Q 1 . . . . .1
- Q 2 -------- . |
- Q 3 . •.1
- Q N . . . . .|

3756.
3850.
3948.
N136.

111.
180.
275.
430.

3.1
4.9
7 .5
11.6

156.
157.
158.
162.

157.
158.
158.
160.

2564.
2643.
2734.
2889.

7.
79.
180.
340.

O .i
3.1
7.1
13.3

107.
108.
109.
113.

107.
109.
110.
112.

1 9 6 0 -Q 1 ..-.
-0 2 .-.*

2552.
2568.
2569.
2607.

******
******

.(
- Q N ------------ . |

92.

1 9 6 1 -Q 1 .... .|
- 0 2 ------------ • |
-3 3 ..,. . |
-O '* --.. . I

2703.
27N0.
2793.
2869.

151.
172.
224.
262.

1 9 6 2 -Q 1 ....
-0 2 ....
- 0 3 --------0 N -...

.1
.|
.|
.|

2936.
3021.
3090.
3217.

1963-01-*-.
-0 2 ....
-0 3 ....
-Q N ..-.

•|
•|
.1
.1

*****

COLLEC­
TIONS

1|
||

*****

*****

*****
*****

1 9 6 6-Q 1 ....
-0 2 ....
-0 3 ....
-Q N --------

.(
,|
.|
.1

N369.
N527.
N688.
4813.

613.
677.
740.
678.

16.3
17.6
18.7
16.4

166.
166.
166.
165.

161.
162.
159.
162.

3068.
3205.
3341.
3419.

504.
562.
607.
530.

19.6
2 1. 2
2 2.2
18.3

116.
118.
118.
117.

113.
115.
113.
115.

1 96 7 -Q 1 ....
- 0 2 --------0 3 ....
-Q N ....

.|
. |
.|
. i

4985.
5129.
5221.
5428.

616.
602.
533.
615.

14. 1
13.3
11.4
12.8

164.
163.
159.
160.

166.
168.
166.
167.

3491.
3570.
3619.
3766.

423.
365.
278.
348.

13.8
11.4
8 .3
10.2

115.
113.
110.
111.

116.
117.
115.
116.

1 9 6 8 -0 1 -...
-0 2 ..--0 3 ....
-O N ....

.1
. |
.1
.}

5632.
5752.
5870.
6053.

647.
623.
649.
625.

13.0
12. 1
12.4
11.5

160.
158.
156.
157.

167.
168.
165.
163.

3842.
3665.
3925.
4020.

351.
295.
306.
254.

10. 1
8.3
8 .4
6 .7

109.
106.
104.
104.

11 N.
113.
110.
108.

1969-Q1 — . .
• -0 2 ....
-Q 3 ....
-Q N ....

.)
.{
•I
. |

6254.
6529.
6727.
7077.

622.
777.
857.
1024.

11.0
13.5
14.6
16.9

159.
162.
162.
166.

166.
167.
167.
171.

4147.
4383.
4562.
4823.

305.
519.
637.
803.

7. 9
13.4
16.2
2 0.0

106.
109.
110.
113.

110.
112.
113.
116.

1 97 0 -Q 1 * .. .
-0 2 ....
-0 3 ....
-Q N ....

.|
.1
.1
. |

7508.
7742.
7987.
82 77.

1254.
1213.
1260.
1199.

2 0. 0
18.6
18.7
16.9

169.
167.
165.
165.

174.
174.
171.
172.

5095.
5254.
5415.
5608.

948.
070.
853.
786.

2 2.9
19.9
18.7
16.3

115.
113.
112.
112.

118.
118.
116.
117.

1 9 7 1 - Q l . . . . .|
-0 2 ....
-0 3 ....
- Q N . . . . .1

8617.
8923.
9158.
9421.

1109.
1181.
1170.
1145.

14.8
15.3
14.7
13.8

165.
164.
162.
160.

175.
178.
178.
173.

5778.
5961.
6112.
6269.

683.
707.
697.
661.

13.4
13.5
12.9
11.0

111.
110.
108.
106.

117.
119.
119.
115.

.1
.1
. |
.(

9759.
10021.
10197.
10439.

1142.
1098.
1040.
1017.

13.2
12.3
11.4
10.8

160.
160.
160.
161.

170.
167.
162.
163.

6452.
6608.
6760.
6976.

6 74.
647.
648.
707.

11.7
10.9
10.6
11.3

106.
106.
106.
107.

112.
110.
108.
109.

1 9 7 3 - Q 1 . . . . .|
-Q 2 -... . |
- 0 3 --------- .|
-Q N .... . |

10982.
11420.
12154.
13028.

1223.
1399.
19 56.
2590.

12.5
14.0
19.2
2 4 .8

166.
169.
175.
181.

161.
161.
166.
165.

7400.
7799.
8411.
9123.

948.
1191.
1651.
2147.

14.7
18.0
24 .4
3 0. 8

112115.
121.
127.

108.
110.
115.
116.

197N-Q1•••• .|
- Q 2 ---------3 3 ...... J
- Q N . . . •. (

13518.
13996.
14206.
14359.

2536.
2576.
2052.
1331.

23.1
2 2. 6
16.9
10.2

180.
179.
173.
166.

164.
169.
173.
174.

9493.
9073.
10013.
9981.

2093.
2073.
1602.
858.

28.3
26 .6
19.0
9. 4

127.
126.
122.
115.

115.
119.
122.
121.

1975— Q1. . . .
-0 2 .. .. .(
- 0 3 . . . . .|
-Q N .... . |

14744.
15256.
15472.
15997.

1226.
1260.
1266.
1638.

9. 1
9.0
8 .9
11.4

163.
160.
156.
156.

181.
178.
171.
168.

10000.
10238.
10375.
10748.

50 7.
366.
362.
767.

5.3
3.7
3.6
7 .7

110.
108.
105.
105.

123.
120.
115.
113.

1 9 7 6 -Q 1 .••• .|
-0 2 .....
-0 3 ....
-Q N ----------. (

16868.
17519.
17862.
18256.

2124.
2263.
2390.
2259.

14.4
14.8
15.4
14. 1

160.
162.
160.
158.

166.
167.
170.
168.

11262.
11824.
12124.
12369.

1262.
1586.
1749.
1621.

12.6
15.5
16.9
15. 1

107.
109.
109.
107.

111.
113.
115.
11 N.

1 9 7 7 - Q 1 . . . . .|
- 0 2 --------- .|
- 0 3 --------- .|
- Q N . . . . .1

18935.
19510.
19844.
20049.

2066.
1991.
1982.
1794.

12.2
11.4
11.1
9 .8

159.
159.
156.
152.

169.
172.
172.
165.

12721.
13073.
13311.
13420.

1459.
1249.
1186.
1050.

13-0
10.6
9 .8
8 .5

107.
106.
105.
102.

113.
115.
115.
110.

.1
.|
.|
. |

20429.
21013.
21869.
23198.

1494.
1502.
2025.
3148.

7 .9
7.7
10.2
15.7

152.
154.
158.
165.

160.
156.
157.
159.

136N4.
14070.
14828.
16036.

923.
997.
1517.
2616.

7 .3
7 .6
11.4
19.5

101.
103.
107.
114.

107.
ION.
106.
110.

1 9 7 9 - Q 1 . . . . .|
- 0 2 . . . . •|
-Q 3 ....
- Q N . . . . .|

2N755.
26152.
27190.
29027.

4326.
5139.
5321.
5830.

2 1.2
2 4 .5
2 4 .3
25. 1

172.
176.
176.
180.

161.
161.
160.
162.

17267.
18490.
19369.
20875.

3623.
4420.
4542.
4840.

2 6.6
3 1. 4
30.6
3 0.2

120.
124.
125.
130.

112.
11 N.
114.
117.

.)
.(
.(
.J
1

30704.
31578.
31984.
32289.

5949.
5427.
4794.
3262.

2 4 .0
2 0 .8
17.6
11.2

182.
178.
171.
168.

165.
167.
159.
154.

22030.
22358.
22414.
22455.

4763.
3867.
3045.
1580.

2 7 .6
20.9
15.7
7.6

130.
126.
120.
116.

119.
118.
112.
107.

1 97 2-fll....
-0 2 ....
- 0 3 --------Q N ....

1 9 7 8 -fll....
-0 2 ....
- 0 3 --------Q N ....

1 98 0-Q 1 ....
-0 2 ....
-Q 3 ....
-Q N ....

• AVEBAGE LOANS o u t s t a n d i n g

dobing

the

PRECEDING POOR QU ARTE RS

"MEN LOANS" ARE COHPOTED AS LOANS BADE LESS RENF.HALS.




brmrhhs

(AVERAGE OF END-OF -Q UA ST ER DATA).

TurTiinp

wn« »rcnTrriT Timn. rnm<! ts vv hdtui on P»r.» *» -

14

TABLE 213. IQ

PRODUCTION CREDIT ASSOCIATIONS
RENEWALS AND COLLECTIONS
COLLECTIONS

RENEWALS
|
|
|
1

PERCENTAGE CHANGE
FROB PREVIOUS

| BILLIO NS | PERCENTAGE CHANGE
I
AS PERCENTAGE OF
FROB PREVIOUS
1
OF
|
1
LOANS
COLLECTIONS | DOLLARS |
j LOANS OUT.QUARTER
YEAR
. 1 STANDING* _
SAP!___ AND RENEWALS

|
AS PER1 CENTAGE OF
| LOANS O U T 1 STANDING*

QUARTER

| BIL LI ON S
1
OF
| DOLLARS
1
_

QUARTER

YEAR

1960-Q1...........
- Q 2 ..........
- Q 3 ...........
- Q 4 ...........

|
|
|
|

237.
152.
106.
234.

11.7
-3 5 .9
-3 0 .4
120.8

2 0. 5
17.2
10.2

17.
10.
6.
14.

34.
24.
21.
31.

40.
33.
20 .
26.

|
|
|
|

353.
303.
429.
673.

-4 4 .5
-1 4.1
4 1. 6
5 6.7

*****
8 .3
2 .0
5.8

26 .
20.
26.
41 .

1961-Q1...........
- Q 2 ...........
- Q i ..........
- Q 4 ...........

|
|
j
1

273.
163.
121.
250.

17.0
-4 0 .5
-2 5 .7
106.6

15.4
7. 0
14.2
6.8

18.
10.
7.
14.

34.
24.
22.
30.

41.
34.
21.
25.

|
|
|
|

394.
322.
448.
733.

-4 1 .5
-1 8.1
3 9 .0
6 3 .6

11 .5
6.3
4.3
8 .9

26.
20.
25.
41 .

1962-Q1...........
- Q 2 ...........
- Q 3 ...........
- Q 4 ...........

|
|
|
|

307.
189.
134.
276.

2 2 .7
-3 8 .2
-2 9 .4
106.7

12.1
16.3
1 0.5
10.6

19.
11.
7.
14.

35.
25.
21.
29.

41.
35.
21.
26.

|
I
|
|

438.
352.
510.
806.

-4 0 .3
-1 9 .6
4 4 .9
5 8 .0

11.2
9.2
13.8
9.9

26.
20 .
26.
41 .

1963-Q1...........
- Q 2 ...........
- Q 3 ...........
- Q 4 ...........

|
|
|
|

339 .
215.
150.
329 .

2 2 .6
-3 6 .4
-3 0 .5
119.9

10.5
13.8
11.9
19.1

18.
11.
7.
14.

35.
25.
21.
32.

43.
36.
21.
28.

|
|
|
|

453.
379.
549.
865.

-4 3 .7
-1 6 .4
4 4 .6
5 7 .7

3.6
7 .8
7.6
7 .4

24.
19.
24.
38.

1964-Q1...........
- Q 2 ...........
- Q 3 ...........
- Q 4 ...........

|
I
|
|

394.
234.
163.
366.

19.7
-4 0 .6
-3 0 .3
124.5

16.3
8.5
8 .8
11.1

19.
10.
6.
15.

37.
26.
23.
35.

43.
37.
23.
29.

|
|
|
|

514.
401.
554.
903 .

-4 0 .6
-2 2 .0
3 8. 3
6 2 .9

1 3.4
5.6
1.0
4.4

24.
18.
22 .
3 6.

1965-Q1...........
-Q 2 .....
- Q 3 ...........
~Q4...........

|
|
|
|

430 .
248 .
170.
399.

17.6
-4 2 .3
-3 1.6
134.7

9 .3
6. 2
4.3
9 .0

19.
10.
6.
14.

39 .
25.
21.
32.

45.
36.
22.
29.

|
|
|
|

533.
440.
616.
995.

-4 1 .0
-1 7 .5
40.1
6 1 .6

3 .6
9 .7
11.1
1 0 .2

2 3.
18.
22.
36.

1966-Q1...........
-Q 2 ...........
- Q 3 ...........
” Q4...........

|
|
I
|

485 .
269.
195.
446.

2 1 .6
-4 4 .5
-2 7 .5
128.9

1 2.7
8 .3
14.8
11.9

19.
10.
6.
14.

36.
24.
20.
33.

43.
34.
20.
31.

|
|
|
|

655.
533.
768.
1015.

-3 4 .2
-1 8 .5
44. 1
32.1

2 2 .9
21.2
2 4 .7
1.9

25.
19.
24.
32 .

1967-Q1...........
“ Q2..........
- Q 3 ..........
” Q4...........

|
|
|
|

584.
335.
237 .
506.

3 0 .9
-4 2 .7
-2 9.1
113. 1

2 0 .5
24.4
2 1 .8
13.4

19.
10.
6.
14.

38.
26.
23.
32.

46.
36.
22.
31.

|
|
|
|

684.
591.
853.
1121.

-3 2 .6
-1 3 .5
4 4. 3
3 1 .4

4.5
10.9
11.1
1 0. 5

22 .
18.
23.
31 .

1968— Q1...........
- Q 2 ..........
- Q 3 ...........
- Q 4 ...........

|
|
I
|

712.
432.
296.
593.

4 0 .8
-3 9 .4
-3 1 .6
100.7

2 2 .0
29.1
2 4 .6
17.3

20.
11.
7.
15-

41.
31.
25.
34.

47.
40.
23.
32.

|
|
|
|

79 7.
655.
983.
1281.

-2 8 .9
-1 7 .9
50.1
3 0. 3

16 .6
1 0.7
15.2
14.2

22 .
17.
24.
32.

1969-Q1..........
- Q 2 ..........
- Q 3 ...........
- Q 4 ..........

|
|
|
|

786.
471.
315.
683.

3 2 .5
-4 0 .1
-3 3 .0
116.5

10.3
9 .0
6 .6
15.1

20.
11.
7.
15.

41.
28.
23.
32.

48.
37.
22.
33.

|
|
|
I

850.
787.
1107.
1396.

-3 3 .6
-7 .4
4 0 .7
26.1

6.6
20.2
1 2.7
9.0

22.
19.
24.
31.

1970-Q1...........
- Q 2 ...........
“ Q3..........
- Q 4 ..........

|
|
|
|

944.
547.
399.
779.

3 8 .3
-4 2 . 1
-2 7 .0
95.1

20.1
16. 1
2 6 .6
14.1

21.
11.
7.
15.

40.
29.
25.
33 .

48.
37.
23.
34.

I
|
i
|

1029.
930.
1308.
1533.

-2 6 .3
-9 .6
4 0. 7
17.2

2 1. 1
18.1
18. 1
9.8

23.
19.
24 .
29.

1971-Q1...........
- Q 2 ..........
- Q 3 ..........
- Q 4 ..........

|
|
|
|

1115.
670.
483.
885.

4 3.2
-3 9 .9
-2 7 .9
8 3 .3

18.1
2 2 .5
2 0 .9
13.7

21.
12.
8.
14.

41.
30.
26.
33.

49.
39.
25.
33.

|
|
|
|

1149.
1033.
1442.
1833.

-2 5 .0
-1 0 .0
3 9 .5
27.1

11.7
11.2
10.2
19 .6

22 .
18.
23.
30.

1972-Q1........... |
- Q 2 .......... |
- Q 3 ........... I
- Q 4 ........... |

1269.
776.
507.
910.

4 3.4
-3 8 .9
-3 4 .6
7 9 .5

13.8
15.9
5.1
2.9

21.
12.
7.
14.

42.
31.
25.
31.

47.
37.
23.
32.

|
I
I
|

1439.
1304.
1708.
1973.

-2 1 .5
-9 .4
31 .0
15.5

2 5 .2
2 6 .2
1 8.5
7.6

24.
20 .
25.
30.

1973-Q1...........
"Q 2 ...........
- Q 3 ...........
- Q 4 ..........

|
|
|
I

1389.
815.
630.
1072.

5 2 .5
-4 1 .3
-2 2 .7
7 0.3

9. 4
5 .0
24.1
17.8

21.
12.
8.
14.

39.
28.
23.
28.

43.
34.
25.
30.

|
|
1
I

1854.
1571.
1938.
2529.

-6 .0
-1 5 .2
2 3. 4
3 0 .5

2 8 .8
20.5
13 .5
2 8 .2

28.
23.
26.
33.

1 9 7 4 - Q l ...........
- Q 2 ...........
- Q 3 ...........
- Q 4 ...........

|
|
J
|

1509.
913.
699.
1257.

4 0 .7
-3 9 .5
-2 3 .4
7 9 .8

8.6
12-1
11.0
17.2

19.
11.
8.
13.

37.
27.
24.
32.

41.
36.
27.
33.

|
|
|
|

2203.
1597.
1888.
2585.

-1 2 .9
-2 7 .5
1 8.2
3 6 .9

18.8
1 .7
-2 .6
2.2

28.
19.
21.
27.

19 75-Q1 .......... ,|
- Q 2 ........... |
- Q 3 .......... ,|
- Q 4 ........... |

1876.
1187.
778.
1409.

4 9. 2
-3 6 .7
-3 4 .5
8 1 .2

2 4.3
30.0
11.3
12.1

20.
12.
7.
13.

42.
30.
24.
32.

48.
37.
25.
32.

J
|
|
|

2069.
2022.
2379.
3031.

-2 0 .0
-2 .3
17.6
2 7 .4

-6 . 1
2 6 .6
26.0
17.2

22.
20.
22.
23.

1976-Q1..........
- Q 2 ...........
- Q 3 ...........
-Q 4 ...........

|
|
|
|

2233.
1275.
820.
1557.

5 8 .5
-4 2.9
-3 5 .7
8 9 .8

19.1
7.5
5 .5
10.5

21.
11.
7.
13.

42.
28.
23.
32.

45.
35.
26.
31.

|
|
|
|

2709.
2390.
2385.
3403.

-1 0 .6
-1 1 .8
-0 .2
4 2. 7

3 0 .9
18 .2
0. 3
12.3

25.
22.
20.
28.

1977-Q1.......... |
- Q 2 .......... ,J
- Q 3 .......... I
- Q 4 .......... |

2561.
1499.
916.
1654.

64.4
-4 1 .5
-3 8.9
8 0 .5

14.7
17.6
11.7
6 .2

21.
12.
7.
12.

43.
29.
24.
33.

46.
38.
26.
29.

|
|
|
|

3055.
2480.
2620.
4010.

-1 0 .2
-1 8 .8
5 .6
53.1

1 2.8
3. 7
9.8
17.8

25.
20.
19.
28.

1978-Q1.......... |
- Q 2 .......... |
- Q 3 .......... ,|
- Q 4 .......... ,|

2716.
1657.
1015.
1775.

6 4 .2
-3 9 .0
-3 8 .8
7 4 .9

6. 1
10.5
10.8
7. 3

20.
12.
7.
12.

43.
29.
22.
28.

43.
34.
25.
28.

|
|
|
I

3669.
3193.
3074.
4678.

-3 .5
-1 3 .0
-3 .7
5 2.2

20, 1
28, 8
17. J
16.7

27.
24.
21.
31.

1979-Q1.......... ,|
- Q 2 .......... ,|
- Q 3 ..........
- Q 4 ..........,|

3041.
1830.
1174.
2106.

7 1. 4
-3 9 .8
-3 5 .9
7 9.4

12.0
10.5
15.7
18.7

20.
12.
7.
12.

38.
26.
20.
26.

41.
31.
23.
27.

|
|
i
|

4440.
4018.
3852.
5567.

-5 . 1
-9 .5
-4 . 1
4 4. 5

2 1 .0
2 5. 8
25. 3
19.0

30.
2b.
23.
32.

1980-Q1........... |
- Q 2 .......... ,|
- Q 3 .......... .|
- Q 4 .......... ,|

3563.
2378.
1523.
2370.

69.1
-3 3 .3
-3 5 .9
5 5.6

17. 1
2 9 .9
2 9 .7
12.5

20.
13.
8.
12.

37.
30.
25.
28.

41.
35.
23.
27.

|
|
I
|

5136.
4405.
4961.
6454.

-7 .7
-1 4 .2
12.6
30. 1

15.7
9.6
2 8 .8
15. 9

28.
23.
25.
32.

* LOANS OUTSTANDING AT END CF PRECEDING QUARTER.
RENEWALS AND COLLECTIONS INCLUDE SOBE NONAGRICULTUfiAL LOANS




(SEE NOTE ON PAGE 8)

15

TABLE

2 1 3 .2 Q
PR O DUCTIO N C R E D IT A S S O C I A T I O N S
RE N EW A L S AND C O L L E C T I O N S
S E A S O N A L L Y - A D J U S T E D ANNUAL R A 1 E

RENEWALS
QUARTER

| MILLIONS
i
i
OF
| DOLLARS

PERCENT AGE CHANGE
FROM PREVIOUS
QUARTER

YEAR

1960— Q1____ |
- Q 2 -------- .|
- Q 3 -------- . (
* - Q 4 -------- |

682.
731.
734.
790.

*****

1961-Q1____
- Q 2 -------- . )
- Q 3 -------- |
-Q<*-------- |

781.
775.
842.
850.

-1 . 1
-0 .7
8.6
0. 9

14.5
6.0
14.8
7 .6

49.

1962-Q1____ . |
- Q2 -------- .|
- Q 3 -------- .]
- Q 4 -------- ]

878.
901.
940.
940.

3.3
2 .7
4 .3
-0 . 1

12.4
16.3
11.7
10.6

1963-Q1 ____ .1
- Q 2 .......... |
- Q 3 ---------- |
- Q 9 .......... 1

964.
1015.
1065.
1107.

2.6
5 .3
4 .9
4 .0

1964-Q1.......... |
- Q 2 -------- |
- Q 3 . .•• \
- Q 9 .......... |

1110.
1114.
1172.
1221.

1 9 6 5 - Q i ..........
- Q 2 ..........
- Q 3 ..........
- Q 9 ..........

|
|
|
I

1966-Q1..........
- Q 2 ..........
- Q 3 ..........
- Q 9 ..........
1967-Q1..........
- Q 2 -------- Q 3 -------- Q * ..........

7.2
0. 4
7. 7

*****
*****
*****
*****

1
.1
|
AS PERCENTAGE OF
| MILLIONS |
1
OF
|
1
| LOANS OUTLOANS
COLLECTIONS|
DOLLARS |
i
STANDING*
MADE
AND RENEWALS 1
1
1
46.
27.
29.
|
1656.
1753.
48.
23.
29.
|
47.
28.
29.
|
1773.
50.
29.
30|
1834.
49.
47.
50.

COLLECTIONS
PERCENTAGE CHANGE
FROM PREVIOUS

|
AS PER| CENTAGE OF
| LOANS OUT_ 1 STANDING*

QUARTER

. TEAR

*****

*****
*****
*****

112.
115.
114.
116.

5.9
1.2
3.4

28.
2829.
29.

30.
29.
31.
30.

|
|
|
|

1827.
1860.
18791981.

-0 .3
1.8
1.0
5.4

10.4
6. 1
5.9
8.0

114.
112.
111.
114.

50.
49.

29.
29.
28.
27.

30.
31.
31.
30.

I
|
|
1

2030.
2019.
2119.
2173.

2 -5
-0 .5
4. 9
2.6

11. 1
8 .5
12.8
9.7

114.
111.
114.
1 13.

9 .9
12.6
13.2
17.8

48.
49.
49.
50.

28.
2929.
31.

32.
32.
32.
32.

1
|
|
1

2077.
2165.
2291.
2347.

-4 .4
4.2
2.5

2.3
7 .2
8. 1
8 .0

104.
104.
106.
105.

0 .3
0. 4
5 .2
4 .2

15.1
9 .8
10. 1
10.3

49.
48.
49.

32.
33.
34.
33.

1

50.

30.
31.
32.
33.

2345.
2265.
2296.
2500.

-0 .1
-3 .4
1.4
8.9

12.9
4 .6
0.2
6 .5

103.
97.
97.
102.

1211.
1182.
1231.
1322.

-0 .9
-2 .3
4. 1
7.4

9-1
6.1
5 .0
8.3

49.
47.
48.
49.

31.
29.
29.
30.

33.
3233.
32.

2427.
2458.
2496.
2819.

-2 .9
1.3
1.5
13.0

3. 5
8.5
8.7
12.8

99.
99.
97.
105.

|
|
|
|

1347.
1288.
1418.
1516.

1.9
-4 .4
10. 1
6 .9

11.2
8 .9
15.2
14.7

49.
45.
48.
49 .

29.
27.
28.
31.

31.
31.
32.
34.

|
|
J
|
i
|
I
|
|

2981.
2929.
3064.
2935.

5 -7
-1 .8
4. 6
-4 .2

2 2 .8
19.2
2 2. 8
4. 1

108.
103.
103.
95.

|
|
|
|

1610.
1604.
1720.
1758.

6 .2
-0 .4
7.2
2. 2

19.5
2 4. 6
2 1 .3
15.9

50.
48.
49.

31.
30.
31.
31.

34.
33.
34.
35.

|
1
I
|

3113.
3185.
3351.
3325.

6 .0
2.3
5.2
-0 .8

4 .4
8 .8
9 .4
13.3

97.
96.
97.
93.

1908-Q1___ _ |
- Q 2 .......... |
- G 3 .......... |
- Q 4 ...........J

1950.
2017.
2121.
2129.

11.0
3. 4
5. 1
0 .4

21.1
2 5. 7
2 3 .3
21 . 1

52.
53.
55.
54.

3335 .
35.
33.

35.
37.
36.
35.

|
|
|
|

3616.
3451.
3799.
3899.

8. 8
-4 .6
10.1
2 .6

16.2
8. 4
13.4
17.3

97.
91.
98.
98 .

1969-Q1...........1
- G 2 ...........(
-Q 3 ..........
-Q*»..........

2128.
2209.
2233.
2455.

-0 . 1
3 .8
1.0
9 .9

9.1
9.5
5.3
15.3

53.
53.
51.
54.

33.
32.
31.
32.

36.
35.
35.
36.

3800.
4060.
4235.
4355.

-2 .6
6.9
4 .3
2. 8

5. 1
17.6
11.5
11.7

94.
97.
97 .
97.

1970-Q 1.......... . t
"Q 2 ---------- .1
- Q 3 .......... ,|
-Q<*.......... .1

2554.
2570.
2791.
2^44.

4.0
0.6
8 .6
1.9

2 0. 0
16.3
2 5 .0
15.9

54.
52.

32.
32.
33.
32.

36.
35.
35.
37.

4546.
4706.
51384910.

4 .4
'3 .5
9 .2
-4 .5

1 9.6
15.9
2 1 .3
12.7

96.
96.
101.
93.

1971-Q1.......... . |
- Q 2 .......... I
- Q 3 ...........|
- Q 9 .......... . |

3017.
3121.
3343.
3273.

6.1
3 .4
7.1
-2 . 1

18.2
21 .4
19.8
15. 1

55.
54.
56.
53.

33.
34.
35.
33 .

38.
38.
37.
35.

1
|
I
|
1
|
|
|
|
I
|
|
|
|

4989.
5148.
5670.
5962.

1.6
3.2
10.1
5.1

9 .8
9.4
10.4
2 1. 4

90.
89.
94.
97.

1 97 2-Q 1______|
- Q 2 .......... .|
- Q 3 .......... . |
-Q<*.......... ,|

3424.
3638.
3494.
3482.

4.6
S.3
-4 . 0
-0 .4

13.5
16.6
4 .5
6 .4

54.
56.
53.
53.

34.
35.
33.
32.

36.
36.
34.
35.

|
|
1
|

6096.
6420.
6819.
6480.

2 .2
5.3
6. 2
-5 .0

2 2. 2
2 4 .7
2 0 .3
8. 7

97 .
99.
104.
98.

1973-Q1..........,|
- Q 2 .......... ,|
- Q 3 .......... . |
- Q 4 .......... ,|

3725.
3737.
4346.
4138.

7 .0
0 .3
16.3
-4 .8

8.8
2 .7
2 4. 4
18.9

55.
53.
60.
54.

31.
31.
31.
29.

33.
33.
35.
33.

7616.
7643.
7902.
8357.

17.5
0.3
3.4
5 .8

2 4 .9
19.0
1 5.9
2 9. 0

112109.
109.
110.

1974-Q1.......... ,|
- Q 2 .......... .|
- Q 3 .......... , |
- Q 4 .......... ,|

4019.
4126.
4855.
4914.

-2 .9
2 .7
17.7
1-2

7 .9
10.4
11.7
18.7

50.
50.
53.

29.
30.
32.
33.

31.
35.
38.
36.

|
|
I
|
1
|
1
1
1

8768.
7633.
7889.
8594.

4 .9
-1 2 .9
3.4
8. 9

15. 1
-0 . 1
-0 .2
2. 8

109.
92.
90.
92.

1975-Q1.......... .1
—Q2. . • •., |
- Q 3 .......... ,|
“ Q4........... 1

4966.
5318.
5456.
5490.

1. 1
7. 1
2. 6
0.6

2 3 .6
2 8 .9
12.4
1 1.7

51.
5253.
52.

33.
34.
33.
32.

38.
36.
35.
35.

|
|
J
I

8156.
9566.
10202.
10074.

-5 .1
17.3
6 .6
-1 .3

-7 .0
2 5.3
2 9. 3
17.2

84.
94 .
98.
95.

1976-Q1........... J
- Q 2 .......... ,1
- Q 3 .......... , |
- Q 4 ........... |

5859.
5671.
5810.
6104.

6. 7
-3 .2
2 .5
5. 1

18.0
6.6
6.5
11.2

54.
50.
50.
51.

33.
3132.
33.

36.
34.
36.
35.

10619.
11174.
10487.
11310.

5 .4
5. 2
-6 . 1
7 .9

30 .2
16.8
2 .8
12.3

97 .
9 9.
90 .
94.

1977-Q1.......... J
- Q 2 .......... |
- Q 3 ........... |
-Q 1* .......... ,J

6668.
6669.
6525.
6613.

9 .2
0. 0
-2 .2
1.4

13 .8
17.6
12-3
8.3

54.
52.
49.
48 .

33.
3333.
34.

36.
37.
36.
33.

|
|
|
I
I
|
|
|
1

11853.
11468.
11721.
13373.

4. 8
-3 .2
14.1

11.6
2.6
11 .8
18.2

96.
90.
88.
97 .

1978-Q1...........
- Q 2 ................. , |
- Q 3 ..........
- Q 9 ................ , |

7018.
7230.
7231.
7295.

6. 1
3 .0
0 .0
0. 9

5 .3
8.4
10.8
10.3

51.
53.
S 2 5 o .

33.
32.
30.
29.

33.
33.
34.
32.

I
1
|
|

14058.
14667.
13943.
15622.

5.1
4. 3
-4 .9
12.0

18.6
2 7 .9
19.0
16.8

103.
107.
100.
107.

1979-Q1 ................. |
- Q 2 ................. |
- Q 3 .......... |
- Q * ................. |

7 8*8.
7tf$4.
8343.
8903.

7 .4
0.6
5. 0
6 .7

11.7
9. 1
15.4
2 2.0

52.
50.
51.
52.

30.
28.
28.
27.

32.
30.
32.
32.

16936.
18392.
17624.
18646.

8- 4
8 .6
-4 .2
5 .8

2 0. 5
2 5. 4
2 6 .4
19.4

112.
117.
108.
109.

1980-Q1 ................. |
- Q 2 ................. |
- Q 3 ................. |
- Q 4 ..................|:

9178.
10424.
10815.
994 1.

3.1
13.6
3-8
-8 . 1

17. 1
32.2
2 9. 6
11.7

50.
54.

|
I
|
|
I

29.

32.
34.
32.

|

3 3 .

19448.
20137.
22706.
21664.

4. 3
3 .5
12.8
-4 .6

14.8
9.5
2 8. 8
16.2

106.
104.
115.
111.

49.
50.

50.

55.
54.

55.

55.
51.

34.
30.

3 1.

1

|
I

1
1
j

A

* SEA SO N AL LY -A DJ US TE D LOANS OUTSTA ND IN G AT END OF PR EC EDING QUARTER.
RENEWALS AND COLLEC TI ON S INCLUDE SOME NONAGRICUL TJ RA L LOANS




(SEE NCIE ON PAGE 8).

5.8

.

2.2

16

PRODUCTION CREDIT ASSOCIATIONS
RENEWALS AND COLLECTIONS
FOUR-QUARTER NOTING TOTAL

TABLE 213.3Q

1960-Q1....
-Q2....
-Q3....
-Q4....

I
I
I
| MILLIONS
I
OF
| DOLLARS
1
1
1
|
666.
|
692.
|
707.
|
729.

1961-Q1....
-Q2....
-Q3....
-Q4....

|
|
1
|

1962-Q1....
-Q2....
-Q3....
-Q4....

YEAR
ENDING—

COLLECTIONS
1
_l __
CHANGE FROM
I
1|
| MILLIONS j|
PREVIOUS YEAR
AS PERCENTAGE OF
!
OF
|
COLLECTIONS!
DOLLARS || MILLIONS
LOANS
LOANS OUT­
PERCENT
AND RENEWALS!
|
OF
STANDING*
MADE
_________ L
__ 1l DOLLARS _
1
******
*****
26.
28.
1
1690.
47.
*****
******
27.
29.
|
1713.
47.
*****
******
29.
!
1722.
28.
47.
******
*****
29.
|
1759.
28.
47.

RENEWALS
CHANGE FROM
PREVIOUS YEAR
MILLIONS
OF
DOLLARS

PERCENT

AS
|
{| PERCENTAGE
|
OF
I| LOANS OUT| STANDING*
JI

******
******
******
******

*****
*****
*****
*****

765.
776.
791.
807.

99.
84.
84.
78.

14.9
12.2
11.8
10.7

49.
48.
48.
48.

28.
28.
28.
28.

30.
30.
30.
30.

]
|
|
1

1799.
1818.
1837.
1897.

109.
105.
115.
138.

6.5
6. 1
6. 7
7.9

114.
113.
112.
113.

|
|
|
|

840.
867.
879.
906.

75.
91.
88.
99.

9.8
11.7
11.2
12.2

49.
49.
49.
49.

29.
29.
28.
28-

30.
31.
30.
30.

|
|
|
I

1941.
1971.
2032.
2105.

142.
152.
195.
208.

7.9
8.4
10.6
11.0

113.
112113.
114.

1963-Q1....
-Q2....
-Q3....
-Q4....

|
|
|
|

938.
964.
980.
1033.

98.
97.
101.
127.

11.7
11.2
11.4
14.0

49.
49.
48.
49.

28.
28.
28.
29.

31.
31.
31.
31.

I
1
|
|

2121.
2148.
2187.
2247.

180.
178.
155.
142.

9.3
9.0
7.6
6.7

112.
109.
107.
106.

1964-Q1....
-Q2....
-Q3....
-Q4....

|
|
|
|

1088.
1106.
1119.
1156.

150.
142.
139.
123.

16.0
14.7
14.2
11.9

50.
49.
48.
49.

30.
30.
30.
31.

32.
32.
32.
33.

I
|
|
|

2307.
2328.
2334.
2372.

186.
180.
147.
126.

8.8
8.4
6.7
5.6

105.
103.
101.
100.

1965-Q1....
-Q2....
-Q3....
-Q4.....

J
|
1
|

1193.
1207.
1214.
1247.

105.
101.
95.
91.

9.6
9.1
8.5
7.9

50.
49.
49.
49.

3231.
31.
30.

3333.
33.
33.

|
|
|
|

2391.
2430.
2491.
2584.

84.
101.
157.
212.

3.6
4.4
6.7
8.9

99.
99.
100.
101.

1966-Q1....
-Q2....
-Q3.....
-Q4....

|
1
|
|
1
1
|
|
|

1301.
1322.
1347.
1395.

109.
115.
133.
148.

9.1
9.5
11.0
11.9

49.
49.
48.
48.

30.
29.
29.
29.

32.
32.
31.
32.

|
|
|
|

2706.
2799.
2951.
2971.

315.
369.
460.
387.

13.2
15.2
18.5
15.0

103.
103.
104.
102.

1494.
1560.
1602.
1662.

193.
238.
255.
267.

14.8
18.0
18.9
19. 1

49.
49.
49.
49.

30.
30.
3131.

33.
34.
34.
34.

|
|
1
|

3000.
3058.
3143.
3250.

294.
259192.
279.

10.9
9. 3
6.5
9.4

99.
97.
96.
96.

1968-Q1..... J
-Q2.... |
-Q3.... |
-Q4.... .|

1790.
1887.
1946.
2033.

296.
328.
344.
371.

19.8
21.0
21.5
22.3

51.
52.
52.
53.

32.
33.
33.
34.

35.
36.
35.
35.

|
I
|
|

3363.
3426.
3556.
3715.

363.
368.
412.
465.

12. 1
12.0
13. 1
14.3

95.
94.
95.
96.

1969-Q1....
-Q2....
-Q3....
-Q4....

.1
.J
.|
,|

2107.
2145.
2165.
2255.

317.
258.
219221.

17.7
13-7
11.3
10.9

54.
53.
5253.

34.
33.
32.
32.

36.
35.
35.
35.

|
|
|
|

3767.
3900.
4025.
4140.

404.
474.
469.
425.

12.0
13.8
13.2
11.4

96.
97.
97.
97.

1970-Q1.... .|
-Q2.... .(
-Q3....
-Q4.... .1

2413.
2488.
2572.
2668.

306.
343.
407.
414.

14.5
16.0
18.8
18.4

54.
54.
53.
53.

32.
32.
32.
32.

36.
36.
36.
36.

|
|
|
|

4319.
4462.
4662.
4799.

552.
562.
637.
659.

14.6
14.4
15.8
15.9

97.
96.
97.
96.

1971-Q1.... .|
-Q2.... .|
-Q3....
-Q*.... .|

2839.
2962.
3046.
3152.

427.
474.
473.
484.

17.7
19.0
18.4
18.1

54.
55.
54.
54.

33.
33.
33.
33.

37.
37.
37.
37.

|
|
|
I

4919.
5022.
5156.
5456.

600.
561.
494.
658.

13.9
12.6
10.6
13.7

94.
93.
91.
93.

1972-Q1....
-Q2....
-Q3....
-Q4....

.1
,|
.|
.t

3306.
3413.
3437.
3463.

467.
451.
392.
311.

16.5
15.2
12-9
9.9

54.
55.
54.
53.

34.
34.
34.
33.

37.
36.
35.
35.

5746.
6017.
6283.
6423.

828.
994.
1127.
967.

16.8
19.8
21.9
17. 7

94.
96.
98.
99.

1973-Q1____
-Q2....
-Q3....
-Q4....

.|
.1
.(
.|

3582.
3621.
3743.
3905.

276.
208.
306.
442.

8.3
6. 1
8.9
12.8

54.
54.
54.
54.

33.
32.
31.
30.

34.
34.
34.
33.

6838.
7106.
7336.
7892.

1092.
1089.
1052.
1469.

19.0
18. 1
16.7
22.9

103.
105.
106.
110.

1974-Q1.... .|
-Q2.... .|
-Q3----Q4.... .|

4025.
4124.
4193.
4378.

443.
503.
450.
472.

12.4
13.9
12.0
12. 1

54.
53.
51.
51.

30.
29.
30.
30.

33.
33.
34.
35.

8241.
8267.
8217.
8273.

1403.
1162.
882.
381.

20.5
16.3
12.0
4.8

110.
106.
100.
96.

1975-Q1.... .|
-Q2....
-Q3.... .1
-Q4 .... .t

4744.
5018.
5097.
5249.

719.
894.
904.
871.

17.9
21.7
21.6
19.9

52.
53.
51.
51.

32.
33.
33.
33.

37.
37.
36.
36.

8140.
8565.
9056.
9501.

-101.
297.
838.
1228.

-1.2
3. 6
10.2
14. 8

90.
90.
91.
93.

1976-Q1....
-Q2....
-Q3....
-Q4....

.|
,|
,|
.1

5606.
5695.
5738.
5886.

862.
677.
641.
638.

18.2
13.5
12.6
12. 1

53.
53.
51.

3
33.
32.
12.

36.
3535.
35.

10142.
10510.
10516.
10888.

2002.
1945.
1460.
1387.

24.6
22.7
16. 1
14.6

96.
97.
94.
94.

1977-Q1.... .J
-Q2..... 1
-Q3.... |
-Q4.... ,|
1
1978-Q1.... ,|
-Q2.... ,|
-Q3....
-Q4.... ,1

6214.
6438.
6533.
6630.

607.
743.
796.
743.

10.8
13.0
13.9
12.6

52.
52.
51.
50.

33.
3333.
33.

36.
36.
36.
35.

|
|
I
|
1
|
|
|
|
1
|
|
|
|
1
|
|
|
|
!
|
|
|
i
1
|
|
|
|

11234.
11323.
11557.
12164.

1092.
8131041.
1276.

10.8
7.7
9.9
11.7

94.
92.
91.
93.

6785.
6942.
7041.
7162.

571.
505.
508.
532.

9.2
7.8
7.8
8.0

50.
51.
51.
51.

33.
33.
32.
31.

35.
34.
34.
33.

12777.
13491.
13945.
14614.

1544.
2166.
2388.
2450.

13. 7
19. 1
20.7
20. 1

95.
99.
101.
104.

1979-Q1.... |
-Q2.....,|
“ Q3.... ,|
-Q4..... |

7488.
7661.
7821.
8152.

703.
719.
779.
990.

10.4
10.4
11.1
13.8

52.
51.
51.
51.

30.
29.
29.
28.

33.
32.
32.
31.

15385.
16210.
16988.
17977.

2607.
2719.
3043.
3263.

20.4
20.2
21.8
22. 3

107.
109.
110.
111.

1980-Q1....
” Q2....
-Q3....
-Q4....

8673.
9221.
9570.
9834.
_

1185.
1559.
1749.
1682.

15.8
20.4
22.4
20.6

51.
52.
51.
51.

28.
29.
30.
30.

32.
33.
3232.

18573.
18960.
20068.
20955.

3188.
2750.
3080.
3079.

20.7
17.0
18. 1
17.2

110.
107.
106.
109.

1967-Q1.....
-Q2.....
-Q3....
“ Q4....

,|
,|
,|
.1
J.

|
|
|
|
1
I
|
|
|
1
|
|
|
|
_1 _

* AVERAGE LOANS OU TS TA ND IN G DURING THE PRECEDING FOUR QUARIh'FS (AVERAGE GF END-OF-QUARTER DATA).

 RENEWALS AND


CO LL EC TI ON S INCLUDE SOHE NO NA GR ICULTURAL LOANS

(SEE NOTE ON PAGE 8).

119.
117.
114.
114.

TABLE 221. IQ

FEDERAL LAND BANKS
LOANS OU TS TA ND IN G
AMOUNT

END OF
QUARTER

|
|
1
_ i

MILLIONS OF DOLLARS

NUMBER OF LOANS
|

END OF
| CHANGE FROM PREVIOUS!
uUARIEL 1
1
_______ 1____ f l J Z A i m
__ L E A R
_L_

PERCENTAGE CHANGE
FROM PREVIOUS
QUARTER

YEAR

1S64- 1.... . |
.|
-Q3--- .|
-Q4.... .1

3406.
3516.
3620.
3717.

*****
110.
104.
97.

*****
*****
*****
*****

****
3.2
3. 0
2. 7

****
****
****
****

1965-Q1.... .|
-Q2--- .|
-Q3--- ,|
-Q4--- .|

3d89.
4057.
4171.
4280.

172.
167.
114.
109.

4 83.
541.
551.
563.

4.6
4.3
2.8
2.6

14.2
15.4
15.2
15. 1

1966-Q1___ .|
-Q2--- .1
-Q 3--- .|
-Q4.... .|

4477.
4724.
4900.
4957.

197.
247.
176.
57.

588.
667.
729.
677.

4.6
5.5
3.7
1.2

15. 1
16.4
17.5
15.8

1967-Q1.... .1
-Q2--- .|
-Q3--- •|
-Q4.... .j

5111.
5303.
5449.
5608.

154.
192.
147.
159.

634.
379.
550.
651.

3- 1
3. 8
2.8
2.9

14.2
12.3
11.2
13. 1

19t)8-Q1. •• •.|
-Q2--- .|
“ Q3--- .1
-Q4.... . |

5793.
5973.
6064.
6125.

185.
179.
91.
62.

682.
670.
614.
517.

3.3
3. 1
1.5
1.0

13.3
12.6
11.3
9.2

1969-Q1.... .|
-Q2--- .1
-QJ..-. .|
-Q4--- .|

6317.
6556.
6676.
6713.

192.
239.
120.
37.

524.
583.
612.
588.

3. 1
3. 8
1.8
0.6

9.0
9.8
10. 1
9.6

1970-Q1..-. .|
-Q2.... .|
-Q3--- .|
-Q4--- .|

6833.
6994.
7101.
7186.

119.
161.
107.
85.

516.
438.
425.
473.

1. 8
2. 4
1.5
1.2

8.2
6.7
6.4
7.0

1971-Q1___ .|
-Q2--- .1
-Q3--- .|
-Q4---- .1

7347.
7579.
7766.
7917.

160.
232.
188.
150.

514.
585.
665.
731.

2.2
J. 2
2.5
1.9

7.5
8.4
9.4
10.2

1972-01___ .|
-32.-.. .j
--- . |
.I
-Q

8139.
8426.
8749.
9092.

222.
2 36.
323.
343.

793.
847.
982.
1175.

2.8
3.5
3-8
3.9

10.8
1 1.2
12.6
14.8

1973-g 1--- .1
-Q2....
-Q3--- . |
.|
!
1974-QU...
'•Q2-... .1
-03--- .3
-Q4---

9568.
10077.
10525.
1094 7.

47C.
510.
447.
422.

1426.
1652.
1776,
1855.

5.2
5.3
4.4
4. 0

17.5
19.6
20.3
20.4

11467.
12176.
12877.
13456.

520.
710.
70C.
5 80.

1899.
2099.
2352.
2509.

4.7
b. 2
5.7
4. 5

19.8
20.8
22.3
22.9

I975-Q1____ .J
-Q2-... .«
-Q3--- -i
.!

14179.
1493H.
15518.
16014.

723.
759.
580.
496.

2 7 12.
2762.
2641.
7557.

5.4
5. 4
3.9
3.2

23.7
22.7
20.5
19.0

1976-Q 1. .. *.|
-Q2--- .|
-Q3--- • |
-Q4-... .)

16700.
17403.
17982.
18524.

686.
703.
579.
542.

2521.
24 6 5.
2464.
2510.

4.3
4. 2
3. 3
3. 0

17.8
16.5
15.9
15.7

I977-Q1.... . |
-Q2..-. .1
-Q3---- . 1
-Q4---- .|

19331.
20190.
2 Ota 74.
21466.

807.
859.
684.
593.

263 1.
2787.
289 1.
2942.

4. 4
4. 4
3. 4
2. 8

15.8
16.0
16. 1
15.9

1978-Q1.___
-Q2---- .|
-Q3 ------- .j
-Q4---- . |

22234.
23131.
23939.
24668.

768.
897.
808.
729.

2903.
2940.
3065.
3202.

3.6
4. 0
3. 5
3.0

15.0
14.6
14.7
14.9

1979-Q1.... .|
-Q2.... .1
-Q3.--- .i
-Q4---- .1

25851.
27261.
28430.
29725.

1183.
1410.
1169.
1295.

3617.
4 130.
4492.
5057.

4. 8
5.5
4.3
4. 6

16.3
17.9
18.8
20.5

1878.
2078.
1171.
1180.

5752.
6420.
6422.
6307.

6. 3
6.6
3.5
3.4

22.3
23.6
22.6
21.2

1980-Q1-... .| 31603.
-Q2-... .| 33681.
-Q3--- •| 34852.
-Q4---- . | 36032.
- J ___________




1
1
1
1

1.
I
I
1
1
1
1
1
1
1
1
1
1
I
1
1
J
1
1
1
1
1
1
1
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1
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__1

1
1

AVERAGE SIZE

PERCEN TA GE CHANGE
FROM PREVIOUS

THOUSANDSI
1

1

1
|

QUARTEB

YEAR

____L_

DOLLARS

1

_J__

379. 1
380. 1
380.9
380.6

****
0. 3
0.2
-0. 1

****
****
****
****

382.3
384. 3
384.9
384.2

0.4
0.5
0. 1
-0.2

0.8
1.1
1. 1
0.9

386.0
389.7
391-8
389.7

0.5
1.0
0.5
-0.5

1.0
1.4
1.8
1.4

391.3
394. 1
395.2
395.6

0.4
0.7
0.3
0. 1

1.4
1. 1
0.9
1.5

397.6
399-6
399.4
398.3

0.5
0.5
-0.0
-0.3

1.6
1.4
1.1
0.7

400.5
403.7
404. 2
402. 4

0.5
0.8
0. 1
-0.4

0.7
1.0
1.2
1.0

403.5
404.9
405.2
404. 2

0.3
0.4
0.1
-0.2

0.8
0.3
0.2
0.4

4 04.7
405.8
405.8
404.6

0. 1
0.3
0.0
-0. 3

0.3
0.2
0.2
0- 1

4 0 5. 1
406.5
407.4
407.6

0. 1
0.3
0.2
0.0

0. 1
0.2
0.4
0.8

409. 0
411.7
41 3.6
4 14.8

0.3
0.7
0.5
0.3

1.0
1.3
1.5
1.8

4 15. 3
421.3
426.4
429.2

0.3
1.3
1.2
0. /

1.7
2.3
3. 1
3.5

43 3. 5
438.6
4 4 2, 0
442. 8

1.0
1.2
0.8
0.2

4.2
4. 1
3.6
3.2

445. 1
448.2
450.4
450.8

0.5
0.7
0.5
0. 1

2.7
2.2
1.9
1.8

452.9
456.0
458. 6
4 59. 5

0.5
0.7
0.6
0.2

1.8
1.8
1.8
1.9

461.3
464.6
468.4
471.2

0.4
0.7
0. 8
0.6

1.9
1.9
2- 1
2.5

476. 0
482.4
488.7
494. 9

1.0
1.3
1.31.3

3.2
3.8
4.3
5.0

504. 1
515.6
521.0
52 5.8

1.9
2.3
1.1
0.9

5.9
6.9
6.6
6.2

1
1
1
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1
1
1
1
1
1
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1
1
1
1
1
1
_1_.

PE RCEN1AGE
CH ANGE
FR08
PREVIOUS
_____ LEAS____

8985.
9249.
9505.
9766.

****
****
****
****

10174.
10556.
10835.
11139.

13.2
14. 1
14.0
14. 1

11600.
12121.
12506.
12718.

14.0
14.8
15.4
14.2

13061.
13457.
13789.
14175.

12.6
1 1.0
10.3
11.5

14571.
14948.
15181.
15377.

11.6
1 1. 1
10. 1
8.5

15774.
16238.
16519.
16681.

8.3
8.6
8.8
8.5

16934.
17273.
17527.
17778.

7.4
6.4
6. 1
6.6

18155.
18678.
19138.
19568.

7.2
8. 1
9.2
10. 1

20093.
20729.
21473.
2230U.

10.7
11.0
12.2
14.0

23395.
24478.
25444.
26393,

16.4
18. 1
18.5
18.3

27571.
28902.
30197.
31349.

17.8
18. 1
18.7
18.8

32711.
34061.
35112.
36166.

18.6
17.8
16.3
15.4

37522.
38832.
39924.
41088.

14.7
14.0
13.7
13.6

42684.
44273.
4551946714.

13.8
14.0
14.0
13.7

48193,
49787.
51104.
52355.

12.9
12.5
12.3
12. 1

54304.
56510.
58171.
60063.

12.7
13.5
13.8
14.7

62687.
65323.
66892.
68525.

15.4
15.6
15.0
14. 1

18

FEDEBAL LAND BANKS
LOANS OUTS1AN DING
SEASONALLY-ADJUSTED DATA

TABLE 221.2Q

END OP
QUABTEB

1964-Q1. .. . . |
-Q2.... . |
-Q3.... .|
.|

3413.
3490.
3609.
3746.

*****
319.
499.
583.

*****
*****
*****

*****
9.3
14.3
16. 1

****
****
****
****

1965-Q1....
-Q2....
- Q 3 ----Q4....

.|
.|
.|
.|
I
.|
.|
.|
.(

3896.
4027.
4158.
4312.

637.
551.
549.
654.

483.
537.
549.
566.

17.0
14. 1
13.6
15.7

14.2
15.4
15.2
15. 1

4485.
4690.
4883.
4988.

735.
875.
822.
436.

589.
663.
725.
676.

17.0
19.5
17.5
8.9

15. 1
16.5
17.4
15.7

1967-Q1.... . |
-Q2.... .|
- Q 3 ---- . |
“ Q4.... .|

5124.
5266.
5432.
5644.

566.
590.
696.
901.

639.
576.
549.
656.

11.4
11.5
13.2
16.6

14.2
12.3
11.2
13.1

.|
.1
.|
.1

5807.
5933.
6045.
6162.

681.
518.
460.
482.

683.
667.
613.
517.

12. 1
8.9
7.8
8.0

13.3
12.7
11.3
9.2

1969-Q1.... .|
.J
-Q3.... .|
-Q4.... • |

6333.
6515.
6655.
6749.

716.
759.
579.
384.

526.
582.
611.
588.

11.6
12.0
8.9
5.8

9.1
9.8
10.1
9.5

.|
•|
.|
.|

6850.
6954.
7080.
7221.

412.
427.
515.
584.

517.
439.
424.
472.

6. 1
6.2
7.4
8.3

8.2
6.7
6.4
7.0

197 1 - Q 1 . ■ • • .|
-Q2.... .1
- Q 3 ---- .1
- Q 4 « ••• .|

7366.
7540.
7743.
7953.

595.
722.
845.
874.

516.
585.
663.
731.

8.2
9.8
11.2
11.3

7.5
8.4
9.4
10.1

1 972-Q1....
-Q2.-.- •|
-Q3.... . |
- Q 4 • .. ■.|

8160.
8386.
8722.
9131.

862.
941.
1429.
1751.

794.
846.
980.
1178.

10.8
11.5
17.0
20. 1

10.8
11.2
12.7
14.8

1973-Q1.... •|
-Q2.... .|
-Q 3 ---- . |
- Q 4 ---- • I

9591.
10031.
10493.
10993.

1986.
1886.
1978.
2146.

1431.
1645.
1771.
1862.

21.7
19.7
19.7
20.5

17.5
19.6
20.3
20.4

1974— Q 1.... .|
-Q2.... .i
- Q 3 . . . • .|
- Q 4 . . .|

11491.
12120.
12838.
13513.

2133.
2730.
3138.
2921.

1900.
2089.
2345.
2521.

19.4
23.8
25.9
22.8

19.8
20.8
22.4
22.9

1975-Q 1... • • I
- Q 2 ---- . |
- Q 3 . ••• .|
-Q4.... .1

14205.
14865.
15473.
16083.

2985.
2833.
2582.
2591.

2714.
2745.
2635.
2570.

22. 1
19.9
17.4
16.7

23.6
22.7
20.5
19.0

1976— Q 1 • . • •.1
-Q2.. • • .|
-Q3.... -|
-Q4.... .1

16724.
17312.
17935.
186U8.

2721.
2477.
2628.
2851.

2520.
2447.
2462.
2525.

16. 9
14.8
15.2
15.9

17.7
16.5
15.9
15.7

1977-Q1.... . |
- Q 2 . ••• .|
- Q 3 ---- . J
-Q4.... .|

19355.
20074.
20831.
21577.

317s.
3040.
3202.
3146.

2631.
2762.
2896.
2968.

17. 1
15.7
16. 0
15. 1

15.7
16.0
16.1
16.0

1978-Q1.... . |
-Q2.... • |
“ Q 3 . • • . •|
-Q4.... .|

22253.
22987.
23890.
24775.

2837.
3082.
3834.
3741.

2898.
2912.
3059.
3199.

13. 1
13.9
16.7
15.7

15.0
14.5
14.7
14.8

1979-Q1....
-Q2....
-Q3...- Q 4 ----

.|
.|
•|
.|

25889.
27083.
28382.
29857.

4765.
5117.
5583.
6375.

3636.
4097.
4492.
5082.

19.2
19.8
20.6
22.5

16.3
17.8
18.8
20.5

1980-Q1.... .|
-Q2.... . |
-Q3.... •|
- Q 4 * . •• .|

31652.
33455.
34808.
36212.

7852.
7851.
5750.
S968.

5763.
6371.
6425.
6355.

26.3
24. 8
17.2
17. 1

22.3
23.5
22.6
21.3

1966-Q1....
- Q 2 ----Q3....
“ Q4....

1968-Q1....
-Q2....
-Q3....
~ Q 4 ----

19 70-Q1••••
- Q 2 ----Q 3 ----Q4....

AVEBAGE SIZE

NUMBEB OP LOANS

AHOONT

I
MILLIONS OP DOLLARS
| PEBCEN TA GE CHANGE
1
1 PE RC EN TA GE CHANGE
1
PROS PBEVIOUS
|
FBON PREVIOUS
1
1
1
1
| DOLLABS
THOUSANDS!
|
CHANGE
FBON
PREVIOUS
1
1
1
| END OF
|1 . — .
1
1
1
_ _ _
QUARTER
YEAR
| QUABTEB
YEAB
| QUABTEB || QU AB TE B
YEAB
1
1
1
-J__
_______ L.
J___ 1 S M 1 U _____
-1.
-J____
-J1__ LSAM)____




I
I
1
1
1
1
1
1
1
i
1
1
1
1
I
1
1
1
i
1
I
1
1
i
i
i
i
i
!
1
1
1
1
i
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
J
1
1
1
1
1
1
1

1

1
1

379.6
379.2
380. 1
381.7

-0.4
0.9
1.8

*•**
*••*
**•*
****

382.7
383.4
384. 1
385.4

1.0
0.7
0.8
1.3

0.8
1. 1
1.1
0.9

386.4
388.7
390.9
390.5

1.1
2.5
2.2
-0.4

1.0
1.4
1.8
1.3

391.9
393. 1
394.4
396.6

1.5
1.1
1.4
2.2

1.4
1.1
0.9
1.6

398.0
398.5
398.7
399.2

1.5
0.5
0.2
0.5

1.6
1.4
1.1
0.7

400.9
402.8
4 0 .j. J
403.3

1.7
1.9
0.7
-0.2

0.7
1.1
1.2
1.0

403.9
404.0
404.5
404.9

0.6
0. 1
0.4
0.4

0.8
0.3
0.2
0.4

405. 1
405.0
405. 1
405. 1

0.2
-0. 1
0.1
0. 1

0.3
0.2
0.1
0. 1

405.6
405.8
406.6
408. 1

0.4
0.2
0.8
1.4

0. 1
0.2
0.4
0.7

409.5
4 11.1
412.8
415.2

1.4
1.6
1.6
2.3

1.0
1.3
1.5
1.7

416.5
420.8
425.5
429.6

1.3
4. 1
4.6
4.0

1.7
2.3
3.1
3.5

434. 1
438.0
441.0
443.2

4.3
3.6
2.7
2. 1

4.2
4.1
3.0
3.2

445.7
447.6
449.5
451.4

2.3
1.7
1.7
1.7

2.7
2.2
1.9
1.8

453.5
455. 4
457.8
460.3

1.9
1.7
2. 1
2.2

1.7
1.7
1.9
2.0

461.9
463.9
467.6
471.5

1.3
1.9
3.2
3.4

1.8
1.9
2.1
2.4

476.7
481.7
488.0
495.3

4.5
4.2
5.3
6.1

5U4. 8
514. 8
520.4
526.5

8.0
8.1

3.2
3.8
4.4

5.0
5.9
b. 9

4.4

0.0

4.8

6.3

1
1
1
1
I
1
1
J
1
1
J
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
J
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
I
1
1
1
J

PEBCENTAGE
CH AN GE
FROH
PBEV IO US
YEAR

8990.
9203.
9494.
9813.

*•**
****
**•*
****

10180.
10505.
10824.
11191.

13.2
14. 1
14.0
14.0

11609.
12064.
12492.
12774.

14.0
14.8
15.4
14.1

13074.
13397.
13771.
14232.

12.6
11.0
10.2
11.4

14590.
14886.
15160.
15433.

11.6
11.1
10.1
8.4

15798.
16176.
16496.
16737.

8.3
8.7
8.8
8.5

16960.
17212.
17504.
17835.

7.4
6.4
6.1
6.6

18182.
18616.
19115.
19630.

7.2
8.2
9.2
10.1

20120.
20664.
21450.
22375.

10.7
11.0
12.2
14.0

23419.
24400.
25421.
26478.

16.4
18.1
18.5
18.3

27588.
28805.
30173.
31453.

17.8
18.1
18.7
18.8

32719.
33937.
35087.
36287.

18.6
17.8
16.3
15.4

37523.
38677.
39900.
41227.

14.7
14.0
13.7
13.6

42682.
44077.
45499.
46875.

13.7
14.0
14.0
13.7

48192.
49551.
51092.
52542.

12.9
12.4
12.3
12. 1

S4308.
56227.
58165.
60285.

12.7
13.5
13.8
14.7

62698.
64987.
66890.
68782.

15.4
15.6
15.0
14. 1

TABLE 2 2 2 . 1Q

FEDERAL LAND BANKS
LO ANS
AMOUNT
M ILLIO N S

OF

FROM
CLOSED
IN
QUARTER

19 64 -Q1.... |
-Q 2---- . j
- Q 3 ---- . j
- Q 4 ---- |
1
19 65 -Q l____ ,|
- C 2 ---- „ j
- Q 3 ---- . |
- Q 4 ---- |
1
19 66 -Q 1____ . j
-Q 2 ---- . j
-Q J ---- . j
“ Q4---- |
1
1967-Q1---- . |
- Q 2 ---- . |
-Q3.... . |
~ Q 4 ---- |
1
1968-Q1____ j
- Q 2 ---- . |
- Q J ---- |
- Q 4 ---- |
1
1969-Q1____ . |
” Q2.... . |
-Q 3---- ]
- Q 4 ---- ]

|
|I
]I

CHANGE

FROM

CHANGE

P R EV IO U S

P R EV IO U S

.
_____________ ____ _
QUARTER
YEAR

NUMBER

1
1
PERCENTAGE

DOLLARS

CL^SfcD

QUARTER

YEAR

******
******
******
******

******
******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

******
******
******
******

******
******
******
******

******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

******
******
******
******

******
******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

******
******
******
******

******
******
******
******

******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

******
******
******
******

******
******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

******
******
******
******

******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

1970-Q1____
-C 2 ---- Q 3 ---- Q 4 ----

.|
.|
.|
.1

272.
270.
214.
261.

******
-2.
-56.
46.

******
******
******
******

*****
-0.8
-20.6
21.7

*****
*****
*****
*****

1971-Q1____
- Q 2 ---- Q 3 ---- Q 4 ----

.|
.|
-|
.|

379.
428.
357.
391.

118.
49.
-71.
34.

107.
158.
143.
130.

4 5.3
13.0
-16.5
9.5

39.3
58.5
66.8
50.0

1972-Q1.... .(
- Q 2 ---- .|
-Q 3 ----- Q 4 ---- .|

503.
520.
557.
658.

112.
17.
38.
100.

124.
92.
200.
267.

28.6
3.3
7-3
18.0

32.8
21.5
56.0
68.2

19 73 -Q 1____ . |
- Q 2 ---- Q 3 ---- Q 4 ---- .i

861.
835.
719.
754.

203.
-26.
-116.
35.

358.
316.
161.
96.

30.9
-3.0
-13.9
4.9

71.1
60.7
29.0
14.6

1974-Q1____ .|
- Q 2 ---- .1
-Q3---- .|
-Q 4-----.|

931.
1045.
1007.
957.

177.
114.
-38.
-50.

70.
210.
288.
203.

23.5
12.2
-3.7
-4.9

8-1
25.1
40.1
26.9

1975-Q1_____.|
- Q 2 ---- .1
- Q 3 ---- .|
- Q 4 ---- .|

1184.
1148.
930.
957.

227.
-36.
-218.
27.

253.
103.
-77.
-1.

23. 7
-3 .0
-19.0
2.9

27.2
9.9
-7.6
-0.1

1976-Q1---- Q 2 ---- Q 3 ---- Q 4 ----

1267.
1205.
1011.
1102.

311.
-62.
-194.
91.

83.
57.
81145.

32.5
-4.9
-16. 1
9.0

7.0
4.9
8-7
15.2

1977-Q1....,.|
1572.
1546.
- Q 2 -----. |
- Q 3 -----.I ' 1275.
- Q 4 -----.|
1226.

470.
-27.
-271.
-48.

305.
340.
264.
125.

42.7
-1 .7
-17.5
-3.8

24.0
28.3
26. 1
11.3

1978-Q1_____.|
- Q 2 -----.1
-Q 3-----.|
- Q 4 -----.J
1
19 79 -Q 1____ .|
- Q 2 ---- .|
-Q 3-----. |
- Q 4 ---- .|

1555.
1623.
1397.
1439.

328.
68.
-225.
42.

-18.
77.
123.
213.

26.8
-13.9
3.0

-1.1
5.0
9.6
17.3

2064.
2271.
1874.
2183-

625.
207.
-397.
309.

509.
648.
476.
743.

43. 4
10. 0
-17.5
16.5

32-8
40.0
34. 1
51.6

19 80 -Q 1____ .1
- Q 2 ---- .|
.1
-Q 4 -----.J

2901.
2942.
1827.
1950.

71841.
-1115.
123.

837.
671.
-47.
-233.

32. 9
1. 4
-37.9
6.7

40.5
29.6
-2.5
-10.7

i
1
1

1
1
THOUSANDS|

1
_JL

I
I
1
1
1
1
1
i
1
1
1
1
1
1

1
1_

OF

LO ANS

PERCENTAGE CHANGE
FR OM P R E V I O U S
_______
YEAR

QUARTER

i

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
t
1
1
1
1
1
1
1
I
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1

J ____________________




4.4

1
1
1
1
1
J
1
1
1
1
1
1
!

1
1
1
1
1
1
1
1
1
1
1

.-1

DOLLARS

*******
*•*•••*
*******
*******

****
****
****
****

*******
*******
*******
*******

****
****
*•**
****

*******
*******
*******
*******

****
****
* ***
****

*******
*******
*******

****
****
*•**
****

*******
*******
*******
*******

****
*♦**
****
****

*******
*******
*******
*******

****
****
****
***•

30479.
33129.
31594.
31202.

****
****
****
****

36424.
37526.
38631.
39060.

19.5
13.3
22.3
25.2

40007.
41078.
47242.
49404.

9.8
9.5
22.3
26.5

55084.
52353.
55804.
56432.

37.7
27.4
18. 1
14.2

61356.
62078.
63963.
65227.;

11.4
18.6
14.6
15.6

72221.
71903.
71237.
72849.

17.7
15.8
11.4
11.7

80930.
78100.
77831.
80952-

12.1
8.6
9.3
11. 1

1
1
1
1

95572.
89337.
90742.
86310.

18.1
14.4
16.6
6.6

1

101522.
97320.
94199.
92597.

6.2
8.9
3.8
7.3

J

114174.
115259.
105295.
116407.

12.5
18.4
11.8
25.7

1
1
1
1
1

132832128228.
125480.
121303.

16.3
11.3
19.2
4.2

1
1

*****
-5.7
-12.0
21. 1

*****
*****
*****
*****

16.6
15.8
12.2
13.9

13.6
-4.8
-22.6
13.8

14.3
15.3
1.4
-4.6

16.8
16.9
12.3
8.0

20.7
1.0
-27.7
-34.5

1.3
7.5
0.4
-42.2

12.2
13.0
10.4
12.8

52.2
6.8
-19.9
22-4

-27.1
-23.0
-14.7
59.2

12.6
11.2
7.6
9.4

-1.4
-11.2
-31.7
23. 1

3. 1
-14.2
-26.9
-26.4

12. 1
12.0
7.3
7.0

28.8
-0.8
-39.7
-3 .5

-3.9
7.4
-5. 1
-25.6

8.9
8.1
6.8
8.4

27.5
-8.7
-16.8
23.2

-26.3
-32.2
-6.5
19.4

10.4
1 1.4
9.3
10.0

24.5
9.6
-18.9
8.3

16.5
39-9
36.4
19.9

12.6
12.7
11.8
13.3

25-6
0.6
-6.7
12.9

20.9
11.0
27.6
33.0

15.6
16.0
12.9
13.4

17.4
2. 1
-19.3
3.7

24.3
26. 1
9.2
0.3

15.2
16.8
15.7
14.7

13.6
10.9
-6.5
-6.8

-2.9
5.5
22.2
9.8

16.4
16.0
13.1
13. 1

11.7
-2.6
-18.3
0.6

3.1
-5. 1
-17.1
-10.5

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

15.7
15.4
13.0
13.6

19.3
-1 .5
-15.8
4.8

-4.5
-3.4
-0.5
3.6

1
1
1

16.4
17.3
14.0
14.2

20.9
5.2
-18.8
1.1

5.0
12.1
8-2

15.3
16.7
14.8
15.5

7.8
8.9
-11.0
4.8

-6.9
-3.6
5.6
9.4

18. 1
19.7
17.8
18.7

16.3
9.0
-9.7
5.4

18. 1
18.2
20.0
20.6

21.8
22.9
14.6
16, 1

16.5
5. 1
-36.6
10.4

4.4

.

20.8
16.5
-18.2
-14.3

S IZ E
PERCENTAGE
CHANGE
FROM
P R EV IO US
IEA R

14.5
13.7
12.0
14.6

i

.|
.1
.|
.4

AVERAGE

_______________ L _

i

1
1

1
1
J
1

I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i

I
!

J

l

1
1
1
1
1
1

20

TABLE 222.2Q

FEDERAL LABO BANKS
LOANS CLOSED
SEASONALLY'ADJUSTED ANNUAL BATE




PERCENT AGE C H AN GE
FBOH PR EV IO US

MILLIONS OF DOLLABS
C L OS ED
| CH AN GE FBOH PBEVIOUS
IN
I
QUARTER 1 QUARTER
YEAfi

AVERAGE SIZE

NOHBEB OF LOANS

AMOUNT

1
QUAB1EB
1
1
1
|
1
1*o4-gl____ -1
- Q 2 ---- Q 3 ---- Q U ---1
19 65 -Q 1____
-Q 2 ----Q3....
~ C 4 ---1
1966-Q1____ .1
- Q 2 ---- Q 3 ---- -1
- Q 4 ---1
1967-Q1____
- Q 2 ---- C 3 ---- i
-Q4---1
1968-Q1____
-02.... 1
- 0 3 ---- Q 4 ---1
1969-Q1____
- Q 2 ----Q 3---- .1
- Q 4 ---i
1970— Q 1 . . . •
- Q 2 ----03----- Q 4 ---1
1971-Q1---- Q 2 ---- Q 3 ---- -1
- 0 4 ---1
1972-Q1____
- Q 2 ---- Q 3 . ...
- Q 4 ---I
1973-Q1____
- 0 2 ---- Q 3 ---- Q 4 ---1
1974-Q1....
-Q 2 ---- Q 3 ----Q 4 ---1
1975-Q1____
-Q 2 ---- Q 3 ---- 0 4 ---- -1
1
1976-Q1____ -i
- 0 2 ----Q3---— Q 4 ---1
19 77 -Q 1.___
- Q 2 ----Q 3 ---— Q4---1
1978-Q1___ _
- 0 2 ---- -1
- Q 3 ---- Q 4 ---- -1
1
1979— Q 1 •.. .
- 0 2 ---- -I
-03---- Q 4 ---1
1980-Q1____
- Q 2 --------Q3------1
- Q 4 -------«L

1HOUSANDSI
QUARTER

YEAR

|

DOLLABS

PE RC EN TA GE
C H AN GE
FBOH
PREVIOUS
____

P E R C EN TA GE CHANGE
FBOH PREVIOUS

|
|

QU ARTER

YEAR

******
******
******
******

******
******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

|
|
|
|

52.5
49.4
56.0
62.8

*****
-6.0
13.4
12.2

*****
*****
*****
*****

*******
*******
*******
*******

****
**••
****
****

******
******
******
******

******
******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

|
|
|
|

60.0
56.8
57. 1
59.8

-4.5
-5.3
0.5
4.7

14.2
15.1
2.0
-4.8

*******
*******
*******
** *****

****
****
**•*
****

******
******
******
******

******
******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

|
|
|
|

60.4
61.0
57.8
34. 4

1.0
1.0
-5.3
-40.5

0.7
7.4
1.2
-4 2. 5

** ** ** *
*******
*******
*******

****
****
****
****

******
******
******
******

******
******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

|
|
|
|

43.7
4 7. 1
49.7
54.8

26.8
7.9
5.6
10. 1

-27.8
-22.8
-1 4. 0
59. 1

*******
*******
** *****
*******

**•*
**••
***•
****

******
******
******
******

******
******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

|
|
|
|

45.3
40.4
36.5
40. 1

-17.3
-10.8
-9 .5
9.7

3.7
-14.3
-26.5
-26.8

*******

****
• ***
***•
****

******
******
******
******

******
******
******
******

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

|
|
|
|

43.0
43.8
34.5
29.6

7.4
1.7
-21. 3
-14.0

-4.9
8.4
-5.7
-26. 1

*******

• **•
• •••
***•
**••

981.
994.
972.
1132.

******
14.
-22.
160.

******
******
******

*****
1.4
-2.3
16.5

*****
*****
*****
*****

|
|
|
|

31.9
29.9
31.9
35.3

7.6
-6.2
6.5
10.9

-25.9
-31.6
-7.5
19.2

30744.
33216.
30481.
32024.

**•*
****
***•
****

1352.
1578.
1612.
1708-

220.
226.
34.
96.

371.
584.
640.
576.

19.4
16.7
2.2
5.9

37.9
58.7
65.9
50.9

|
|
|
1

37.2
42.2
42.4
42.5

5.3
13.4
0.5
0.2

16.7
41.0
33.0
20.2

36333.
37385.
38014.
40193.

18.2
12.5
24.7
25.5

1811.
1917.
2508.
2878.

103.
106.
591.
370.

459.
339.
896.
1170.

6.0
5.9
30.8
14.8

33-9
21.5
55.6
68.5

|
|
|
|

45.9
46.6
52.9
56.7

8.0
2.0
12.9
7.2

23.3
11.0
24.7
33-5

39450.
40930.
47428.
50754.

d.6
9.5
24.8
26.3

3106.
3079.
3209.
3330.

228.
-27.
131.
121.

1296.
1162.
702.
452.

7.9
-0.9
4.2
3.8

71.6
60.6
28.0
15.7

|
|
|
|

57.9
59.2
56.3
57.2

2. 1
2.3
-4.8
1.6

26. 1
26.4
6.6
0.9

53678.
52017.
56963.
58197.

36.1
27.1
20.1
14.7

3362.
3845.
4475.
4234.

32.
483.
630.
-241.

256.
766.
1265.
903.

1.0
14.4
16.4
-5.4

8.2
24.9
39.4
27.1

|
|
1
|

57.1
62.3
68.2
62.7

-0 .2
9.0
9.6
-8.1

- 1 .3
5.2
21. 1
9.6

58858.
61730.
65567.
67487.

9.6
18.7
15. 1
16.0

4300.
4203.
4145.
4234.

66.
-97.
-57.
89.

938.
358.
-330.
1.

1.6
- 2 .3
-1. 4
2. 1

27.9
9.3
-7.4
0.0

|
|
|
|

62.5
59.0
56.5
56.0

-0.4
-5.6
-4.2
-0.8

9.4
-5.3
-17.2
-10.7

68826.
71250.
73387.
75552-

16.9
15.4
11.9
12.0

4559.
4384.
4525.
4883.

325.
-176.
142.
358.

259.
181.
380.
649.

7.7
-3.9
3.2
7.9

6.0
4.3
9.2
15.3

|
|
|
|

59. 3
56.8
56. 1
58.0

5.8
-4.1
-1.3
3.4

-5. 1
-3.6
-0.6
3.6

76896.
77126.
80633.
84150.

11.7
8.2
9.9
11.4

5641.
5588.
5715.
5476.

758.
-53.
127.
-238.

1082.
1204.
1189.
593.

15.5
-0.9
2- 3
-4.2

23-7
27.5
26.3
12.1

|
|
1
|

62.4
63.5
60.9
60.7

7.5
1.8
-4.2
-0 .3

5.2
11.8
8.5
4.6

90443.
87962.
93888.
90220.

17.6
14.0
16.4
7.2

5617.
5844.
6327.
6457.

141.
226.
484.
130.

-24.
256.
613.
981.

2.6
4.0
8. 3
2. 1

-0.4
4.6
10.7
17.9

|
|
|
|

58.4
61.0
b4.5
66.4

-3.8
4.5
5.8
2.9

-6.4
- 4 .0
6.0
9.3

,96243.
95826.
98072.
97306.

6.4
8.9
4.5
7.9

7452.
8160.
8448.
9746.

995.
707.
288.
1298.

1835.
2316.
2120.
3289.

15.4
9.5
3.5
15.4

32.7
39.6
33.5
50.9

|
|
J
l

68.8
72.0
77.4
79.9

3.7
4.7
7.4
3.2

17.9
18. 1
19.9
20.4

108284.
113286.
109169.
122007.

12.5
18.2
1 1.3
25.4

10571.
10544.
8248.
8661.

825.
-27.
-2296.
413.

3119.
2384.
-200.
-1086.

8.5
-0.3
-21.8
5.0

41.8
29.2
-2.4
-11.1

|
|
|
|

83.5
84.3
63.7
68.4

4.6
0.9
-24.4
7.3

126541.
125095.
129400.
126670.

16.9
10.4
18.5
3.8

21.4
17.0
-17.6
-14.4

*******
*******
*******

TABLE 222.3Q
FED ER A L LAND BANKS
LOANS CLOSED
F O U R -Q U A R TE R

1
1
|

YEAR
EN D IN G —

1
J
|

1
1 9 6 4 - Q 1 ....... 1
- Q 2 .......
- Q 3 ....... ]
- Q 4 ....... 1
1 9 6 5 - Q l . . . ..
- Q 2 .......
- Q 3 .......
- Q 4 .......

i
1
1
1
1

1 9 6 6 - Q 1 .......
- Q 2 ...............
* Q 3 ...............
- Q 4 ...............
1 9 6 7 - Q 1 ...............
- C 2 ...............
- Q 3 ...............
- Q 4 .. . . .

AMOUNT
M ILLIO N S
END O F
QUARTER

******

- Q 3 ...............
- Q 4 ...............

- Q 2 ...............
- Q 3 ...............
- Q 4 ...............

CHANGE

FBOM

QUARTER

|

1
PR EV IO U S I
_______ 1
YEAR
1

1
1
1

1
1
THOUSANDS]

QUARTER

YEAR

1

1

*****
*****
*****
*****

j
|
|
|

*****
*****
*****

5 6 .8

*****
*****
*****
*****

|
|
j
|

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

*****
*****
*****
*****

*****
*****
*****
*****

|
|
|
|

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

*****

*****
*****
*****

j
|
|

4 9 .4

-8 .4

-1 5 .7

*****
*****
*****

4 5 .5
4 3 .7

-7 .9
-4 .0

*****

|

4 8 .5

1 0 .9

-2 3 .8
-2 6 .9
-1 0 .2

*****
*****
*****

|
|
|

4 8 .9
4 7 .0
44. 2

0 .8

-1 .1

-3 .8
-6 .0

*****

|

4 0 .8

-7 .6

-1 5 .8

1
1

*******

****

*****
*****
*****
*****

|
|
|
|

4 0 .3
4 1 .2
4 0 .8
3 8 .4

-1 .2

1
1
1

*******

2 .0
-0 .9
-5 .9

-1 7 .5
-1 2 .5

*******

****
****
****
****

*****
*****

|
j

*****
*****

|
|

3 5 .2
3 1 .3
3 0 .8
32. 2

-8 .3
-1 1 .0
-1 .5
4 .4

1

*******
*******
*******

****
****
****
****

|
|
|

33. 7

4 .6
9 .7
6 .7

-4 .3
1 7 .9
2 7 .7

t
1
1
I
1

31571.

*****
*****
*****

33359.
34696.
36154.

****
****
****

5 2 .9

|

4 .2

2 7 .5

37870.

2 0 .0

4 9 .5
3 8 .2
3 8 .4

|
|
|

2 8 .4
2 0 .5
1 9 .4
2 2 .6

1 6 .4

|

.3
.9
.7
.0

38839.

4 3 .9

5
2
5
7

39812.
41908.
44458.

1 4 .7
1 5 .9
1 7 .4

6. 1
6 .2
1 .9
0 .1

2 3 .5
2 7 .4

*****

*****

*****

*****
*****
*****

*****
*****
*****

*****
*****
*****

******
******
******
******

*****
*****

*****
*****

*****

*****
*****

*****
*****

******
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******

*****
*****
*****

*****
*****
*****

1 0 .5
14. 1

*****
*****
*****

1282.
1 * 42 5 .

158.
143.

*****
*****

1555.

130.

538.

1679.
1771.
1971.
2238.

124.

556.

92.
200.
267.

490.
547.
683.

1 1 .3
13. 5

2596.
2912.
3073.
3169.

358.
316.
161.
96.

916.
1140.
1102.
931.

1 6 .0
1 2 .2
5. 5
3. 1

*****

1 1 .2
9 .2
8 .0
5 .5

5 4 .8

3 .8
3 .7

*****

5 8 .6

0 .4

5 9 .8
5 9 .8
5 4 .0

2 .0
0. 1
-9 .8

3 6 .9
3 9 .4
41. 1
4 3 .2
4 4 .5
4 7 .0
5 0 .3

5 4 .6
6 4 .4

|
]

5 3 .4
5 6 .7

5 5 .9
4 1 .6

]
j

5 7 .8
5 7 .8

70.

643.

2 .2

2 4 .8

|

5 7 .4

210.
288.
203.

537.
664.
771.

6 .5
8 .3
5 .4

1 8 .5
2 1 .6
2 4 .3

|
]
|

5 8 .3
61. 1
6 2 -4

253.

954.

6 .4

- Q 2 ................| I
- Q 3 ................| |

<4193.
4297.
4220.

103.
-7 7 .

................1 |

4219.

-1 .

848.
483.
279.

2 .5
-1 .8
-0 .0

2 9 .5
2 4 .6
1 2 .9
7 .1

|
J
|
|

6
6
6
5

1 9 7 6 - Q 1 ............... | |
- Q 2 ................| |
- Q 3 ............... | i

4302.
4359.
4440.

83.
57.

109.
62.
220.

2 .0
1 .3
1 .9

2 .6
1 .4

]
|

5 7 .8
5 7 .3

5 .2

1

- Q 4 ............... 1 I

*****
*****
*****
*****

0 .3
-1 . 1

3239.

81.

*****
*****
*****
*****

5d. j
59- 1
5 8 .4

34493737.
39 *4 0.

1 9 7 5 - Q 1 ............... | |

3 .6
2 .8
0 .1
8 .6

-0 .8
1 .5
4 .9
2. 1

*****
*****
6 .7
3 .2
1 .5
1 .3
-7 .6

3 .2
1. 1

-7 .8
-6 .0
-1 2 .8
-2 3 .9
-2 4 .3
-1 6 . 1

2 2 .8
1 4 .9
7
2
5
7

.4
.7
.8
.9

2 .0

1 0 .9

-1 .4
-4 .3
-2 .6

7 .8
-1 .7
-6 .2

-1 .3
-0 .9
-0 . 1

-9 .2
-8 .8

4585.

145.

366.

3. 3

8 .7

|

5 7 .2
5 7 .7

4890.
5231.
5494.
5619.

305.
340.
264.
125.

588.
871.
1054.
1034.

6. 6
7. 0
5 .0
2 .3

1 3 .7
2 0 .0
2 3 .7
2 2 -5

|
|
|
|

5
6
6
6

.5
.4
.4
-0

1 .4
3 .2
1 .8
1 .0

1. 1
5 .4
7 .3
7 .5

5602.
5678.
5801.
6014.

-1 8 .
77.
123.
213.

711.
448.
307.
395.

1. 4
2. 2
3 .7

1 4 .5
8.6
5 .6
7 .0

|
|
|
|

6 0 .9
60. 2
6 1 .0
6 2 .4

-1 .8
-1 .0
1 .3
2 .2

4. 1
-0 .2
- 0.6
0 .6

6523.
7171.
7648.
8391.

509648.
476.
743.

922.
1493.
1847.
2377.

8. 5
9 .9
6 .6
9. 7

1 6 .5
2 6 .3
3 1 .8
3 9 .5

|
|
|
|

6
6
7
7

5. 1
8 .2
1 .1
4 .3

4
4
4
4

9228.
9899.
9852.
9619.

837.
671.
-4 7 .

2705.
2728.
2204.
1228.

4 1 .5
3 8 .0
2 8 .8
1 4 .6

|
|
|
]

7
8
7
7

8. 1
1 .3
8 .1
5 .4

5 .1
4 .2
-4 .0
-3 .4

0 .8

-4 .8
-1 .5

I
1 9 7 7 - Q 1 ............... 1
- Q 2 ................|
- Q 3 ............... |
- Q 4 ................1

~ Q 2 ............... 1
- Q 3 ............... |
- Q 4 ................|
1 9 7 9 - Q 1 ............... |
- Q 2 ................|
- Q 3 ............... |
- Q 4 ............... 1
1 9 8 0 - Q 1 ............... |
- Q 2 ............... |
" Q 3 ............... |
- Q 4 ................1




-2 3 3 .

0
1

1 9 7 8 - Q 1 ............... |

*******

_1

*****
*****
*****
*****

- Q 4 ............... 1 I

- Q 3 ............... | |
- Q 4 ................4 | *

FR OM
P B E V IO U S
YEAR

*****
*****
*****
*****

~ Q 2 ............... 1 |
- Q 3 ............... | |

1 9 7 4 - Q 1 ............... | |
- Q 2 ............... j |

DOLLARS

*****
*****
*****
*****

*****

- O ' * ................I I
I
1 9 7 3 - Q 1 ............... | |
- Q 2 ............... |
- Q 3 ............... | |
- Q 4 ................] |

1
1

YEAR

S IZE
PERCENTAGE
CHANGE

******
******
******
******

107.

- Q 2 ................| I
- Q 3 ................|

QUARTER

AVERAGE

*****

*****

1 9 7 2 - Q 1 ............... |

J
1
1
1

******
******
******

1017.

1 9 7 1 - Q 1 ............... | |

OF

1_

1124.

- Q 2 ...............
" Q 3 ................| 1
- Q 4 ............... I |

LOANS

PERCEN TAGE CHANGE
FR OM P B E V I O U S

*****
*****
*****
*****

*****
*****
*****
*****

1 9 7 0 — Q 1................

NUMBER

PERCEN TAGE CHANGE
FROM P R E V I O U S

*****
*****
*****

******

1 9 6 9 - Q 1 ...............

1
4

DOLLARS

TO TAL

*****
*****
*****
*****

******
******
******

1 9 6 8 - Q 1 ...............
- Q 2 ................

|

OF

M OVING
1
1

1 0 .0
7 .3
-0 .5
-2 .4

8
0
1
2

.4
.7
.3 •
.5

1
1
1
1
1
1
]
1
J
1
1
1
1
1
1
1
1
1
1
i
1
1
1

1
1
1
]

4
1
4
1
1
1
1
1
1
1
1
1
4
1
4
1
1
1
4
1

****
****
****
****

*******
*******
*******
*******

****
****
****

*******

****

*******
*******
*******

****
****
****

*******

****

****

*******

****

*******

****
****

*******
*******

*♦**

*******
*******

****
****

*******
*******

48616.
51350.

2 5 .2
2 9 .0

53181.
54802.

2 6 .9
2 3 .3

56459.
59207.
61150.

1 5 .3
1 5 .0

63118.

1 5 .2

65883.
68435.
70215.

1 5 .6

16. 1

1 6 .7

1
i

72056.

1 4 .8
1 4 .2

1
1
4

74412.
76105.
77608.

1 2 .9
1 1 .2
1 0 .5

1
1
1
1
4
1

79480.

1 0 -3

83619.
86669.
89470.
90616.

1 2 .4
1 3 .9
1 5 .3
1 4 .0

9202
9425
9505
9643

1 0 .0
8 .8
6 .2
6 .4

1 9 .9
1 9 .3
9 .8

1
1
1
1
4
1
1
1
1
1
1
1
1
1

1 .5

4

7 .0
13. 1
1 6 .5
1 9 .2

*******
*******
*******

0
7
2
2

.
.
.
.

100160.
105219.
107537.
112899.

8 .8
1 1 .6
1 3 .1
17. 1

118179.
121721.
126165.

1 8 .0
1 5 .7
1 7 .3
1 3 .0

127555.

22

TABLB 223.1Q

FEDEBAL LAUD BANKS
LOANS CLOSED AND NEH NONET LOANED

1
1
| BI LLIONS
1
OF
| DOLLARS
1
1
19 64 -Q 1____ . | ******
******
- Q 2 ---- j
- Q 3 ---- . j ******
- Q 4 ---- j ******
i
19 65 -Q 1____ _ | ******
- Q 2 ---- . | ******
.
-Q3.... | ******
- Q 4 ---- | ******
1
1966-Q1____ . | ******
- Q 2 ---- . | ******
- Q 3 ---- . | ******
- Q 4 ---- | ******
i
1967-Q1____ . | ******
******
- Q 2 ---- . j
- Q 3 ---- . | ******
- Q 4 ---- | ******

QOABTEB

NEU MONEY LOANED
1
1
| AS PE RC EN TA GE OF
| AS PERC EN TA GE OF
1 MILLIONS | PE BC EN TA GE CH AN GE
OF
|
FRON PBEVIOUS
|
1
1
| LOANS OUTREPAI8EPAT- 1 DOLLARS |
1 LOANS OUT­
1 STANDING*.
STANDING* _ BENTS
HENTS
a r t e r i __ TEAR
I QUARTER 1 _.q uTEAR
1
*****
*****
****
****
*****
1d3.
1
****
*****
274.
173.
-5.6
5. 1
1
*****
*****
****
161.
-6.8
4.6
283.
1
*****
*****
****
190.
18.3
5.3
205.
1
1
*****
***•
36.7
260.
7.0
295.
42.3
1
****
237.
-9.0
6. 1
342.
37.2
1
****
*****
-25.7
176.
9.3
4.3
282.
1
***•
*****
214.
21.7
12.4
5. 1
204.
1
1
****
15.4
7.0
40.3
292.
300.
1
****
7. 1
455.
316.
5.3
33.6
1
****
*****
-24.7
5.0
381.
238.
35.3
1
*****
****
-26.4
157.
158.
-33. 8
3.2
1
1
*****
****
-17.5
5.0
265.
248.
57.2
r
****
*****
384.
259.
4.6
-18. 0
5. 1
i
*****
**•*
319.
214.
-17.6
-10.3
4.0
i
*****
****
234.
29.7
277.
75.9
5. 1
i

LOANS CLOSED
|
|
|
1

PE BC EN TA GE CHANGE
FBOH PREVIOUS

*****
*****
*****
*****

*****
*****
*****
*****

*****
*****
*****
*****

*****
*****

*****
*****
*****
*****

*****
*****
*****

*****
*****
*****
*****

*****
*****
*****
*****

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

*****
*****
*****
*****

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

*****
*****
*****
*****

272.
270.
214.
261.

*****
-0.8
-20.6
21.7

*****
*****
*****
*****

4. 1
4. 0
3. 1
3. 7

235.
360.
279.
200.

379.
428.
357.
391.

45.3
13.0
-16.5
9.5

39.3
58.5
66.8
50.0

5.3
5.8
4.7
5.0

276.
422.
357.
245.

503.
520.
557.
658.

28.6
3.3
7.3
18.0

32.8
21.5
56.0
68.2

6.4
6.4
6.6
7.5

277.
383.
459.
361.

1973-Q1____
- Q 2 ----Q 3---- Q 4 ----

.1
.|
.|
.|
1
.1
.|
.|
-|

861.
835.
719.
754.

30.9
-3 .0
-13.9
4.9

71.1
60.7
29.0
14.6

9.5
8.7
7. 1
7.2

365.
476.
474.
342.

1974-Q1____
-Q2---- Q 3 ---- Q 4 ----

.|
.|
.|
.|

931.
1045.
1007.
957.

23.5
12.2
-3.7
-4.9

8. 1
25.1
40.1
26.9

8.5
9. 1
8.3
7.4

337.
594.
652.
428.

1
1968-Q1---- . J
- Q 2 ---- „ j
- Q 3 ____ . |
- Q 4 ---- |
1
1969— Q 1...• . j
-Q 2 ---- . |
- Q 3 . ..- . j
- Q 4 ---- |
i
1970-Q1____ .|
- Q 2 ---- . |
- Q 3 ---- .|
-Q 4 ---- .|
1
1971-Q1____ .|
- Q 2 ---- .1
- Q 3 ---- . |
- Q 4 ---- .|
1972-Q1____
- Q 2 ---- C 3 ---- Q 4 ----

*****

1975-Q1____
- Q 2 ---- Q 3 ---- Q 4 ----

.|
.|
.|
-1

1184.
1148.
930.
957.

23-7
-3.0
-1 9 . 0
2.9

27.2
9.9
-7 .6
-0.1

8.8
8. 1
6.2
6.2

444.
613.
516.
335.

1976-Q1____
- Q 2 ----Q3....
- Q 4 ----

.1
.1
.|
.|

1267.
1205.
1011.
1102.

32.5
-4.9
-16. 1
9.0

7.0
4.9
8.7
15.2

7.9
7.2
5.8
6. 1

350.
459.
438.
334.

19 77 -Q 1____
- Q 2 ---- Q 3 ----Q 4 ----

.|
.j
.|
-1

1572.
1546.
1275.
1226.

42.7
-1.7
-1 7. 5
-3.8

24.0
28.3
2b. 1
11.3

8.5
8.0
6.3
5.9

336.
444.
428.
338.

1978-Q1____
- Q 2 ----Q 3 ----Q'4----

.|
.|
-|

1555.
1623.
1397.
1439.

2b. 8
4.4
-13.9
3.0

-1.1
5.0
9.6
17.3

7.2
7.3
6.0
6. 0

327.
433.
481.
347.

19 79 -Q 1____
- Q 2 ---- Q 3 ----Q 4----

.|
.|
.|
.|

2064.
2271.
1874.
2183.

43.4
10.0
-17.5
16.5

32.8
40.0
34.1
51.6

8.4
8.8
b. 9
7.7

414.
590.
593.
517.

1980-Q1____
-C2....
- Q 3 ---" Q 4 ----

.1
.|
.|
.|

2901.
2942.
1827.
1950.

32 .9
1.4
-37. 9
6.7

40.5
29.6
-2.5
-10.7

9.8
9.3
5.4
5.6

568.
945.
594.
460.

.J

-J___
* LOANS ODISTANDING AT END OF PRECEDING QOABTER.




i
i
i
i
i
i

296.
253.
163.
190.

6.7
-14.3
-35.6
16.7

19-4
-2.2
-23. 7
-31.3

5.3
4.4
2.7
3. 1

267.
343.
227.
148.

311.
3 19.
194.
162.

63.5
2.6
-39.3
-16.3

5.2
26.0
18.8
-14. 7

5.1
5. 1
3.0
2.4

261.
396.
264.
129.

235.
236.
184.
215.

45.0
0.4
-22.1
17.0

-24.4
-26.0
-5.0
32.7

3.5
3.5
2.6
3.0

203.
315.
240.
165.

298.
333.
288.
310.

38.2
12.0
-13.7
7.9

26.5
41.2
56.4
94. 1

4. 1
4.5
3.8
4.0

217.
329.
288.
194.

404.
422.
445.
525.

30.1
4.5
5.3
18.1

35.7
26.6
54.5
69.2

5. 1
5.2
5.3
6.0

222.
311.
366.
288.

712.
685.
599.
643.

35.5
-3.7
-12.6
7.3

76.2
62.3
34.8
22-4

7.8
7.2
5.9
6. 1

302.
391.
395.
291.

796.
886.
855.
803.

23.8
11.2
-3.5
-6 . 0

11.9
29.2
42.6
24.9

7.3
7.7
7.0
6.2

288.
504.
553.
359.

i

990.
946.
760.
782.

23.2
-4.4
-19.7
2.9

24.3
6.9
-11.1
-2.7

7.4
6.7
5. 1
5.0

371.
505422.
274.

i
i
i
i
i
i

1048.
966.
810.
872.

34. 1
-7 .9
-16.2
7.7

5.9
2.0
6.6
11.5

6.5
5.8
4.7
4.8

289.
368.
351.
264.

i

1274.
1208.
981.
955.

46. 1
-5.2
-18.8
-2.6

21.5
25.0
21.2
9.6

6.9
6.2
4.9
4.6

273.
347.
330.
263.

i

1244.
1272.
1093.
1 145.

30.2
2.3
-13.b
4.2

-2.4
5.3
11.9
19.8

5.8
5.7
4.7
4.8

261.
339.
378.
27 b.

1681.
1795.
1485.
1717.

46.9
6.8
-17.3
15.6

35.2
41.1
35.2
50.0

6.8
6.9
5.4
6.0

337.
4b7.
470.
407.

2389.
2389.
1479.
1586.

39- 1
0.0
-34. 1
7.2

42. 1
33. 1
-0.4

8.0
7.6
4. 4
4.5

468.
768.
481.
391.

i

i
i
i

i
i
i

i

i

i

i

i

i

i

i
i
i
i
i
i
i

i

i
i
i

i

i

i
i

i
j
i
i

i
i
i
i
i
i
i
i
i
i
i
i

i
i
i
i
i
_L

-7 .

J

TABLE 223.2Q

FEDERAL LAND BANKS
LOANS CLOSED AND NEW HONEY LOANED
SEASONALLY-ADJUSTED ANNUAL BATE

I
I
| B ILLIO N S |
1
OF
J
|
DOLLARS J
1
1
1
******
19 6 4 -Q 1_____ . j
-Q 2 ------ . | * * * * * *
-Q 3 ------ . | * * * * * *
|
******

QUARTER

NEH MONEY LOANED

LOANS CLOSED
PERCENT AGE CHANGE
FROH PREVIOUS

J
AS PERCENTAGE OF
| MILLIONS |
|
OF
|
REPAY- |
DOLLARS J
1 LOANS OUT­
RENTS
1
1 STANDING*
1

OUARTER
*****
- 2 .7
2 4 .3
1 7 .2

QUARTER

YEAR

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

*****
*****
*****
*****

|
|
|
|

629.
61 3 .
761.
892.

PERCENTAGE CHANGE
FROH PREVIOUS
YEAR

|
AS PERCENTAGE OF
1
REPAY­
| LOANS OOTMENTS
i
STANDING*

*****
*****
*****
*****

****
18.
22 .
25.

*****
201.
265.
261.

4 1 .6
3 6 .4
9 -8
1 2 .7

24.
21.
21.
24.

3 06.
268.
267.
260.

14.4
3 3 -8
36 . 1
-2 6 .7

24.
25.
2 4.
15.

311.
372.
312234.

1
1965-Q1_____ . |
- Q 2 ..., . J
-Q 3 ------ . |
-Q 4 ------ |
1
19 6 6 -Q 1_____ „ j
-Q 2 ------ „ |
-Q 3 ------ „ j
-Q 4 ------ |

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

*****
*****
*****
*****

|
|
|
|

891.
836.
836.
1006.

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

*****
*****
*****
*****

|
|
|
|

1019.
1 1 18.
1138.
737.

1.4
9 .7
1 .8
-3 5 .2

1
1967-Q 1 _____ _ |
~ Q 2 ------ „ j
-Q 3 ------ . J
-Q 4 --- |

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

*****
*****
*****
*****

|
j
|
|

839.
912.
1026.
1 296.

1 3 .9
8 .6
1 2 .5
2 6 .3

- 1 7 .6
- 1 8 .4
-9 .8
7 5 .8

17.
18.
19.
24.

284.
264.
284.
29 0 .

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

*****
*****
*****
*****

|
|
j
|

1 0 14.
890.
787.
883.

- 2 1 .8
-1 2 .2
-1 1 .5
12. 1

2 0 .8
- 2 .4
-2 3 .2
-3 1 .9

18.
15.
13.
15.

280.
229.
232.
213.

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

*****
*****
*****
*****

|
|
|
j

1054.
1127.
930.
7 44.

1 9 .3
6 .9
-1 7 .5
-2 0 .0

3 .9
2 6 .6
18.1
-1 5 .8

17.
18.
14.
11.

2 87.
282.
2 52202.

197 0 -Q 1_____ .|
-Q 2 ------ .|
-Q 3 ------Q 4 ------- .|

981.
994.
972.
1132.

1 .4
-2 .3
1 6 .5

*****
*****
*****
*****

1515.
14.
16.

|
|
|
|

807.
843.
879.
972.

8 .6
4 .4
4 .2
1 0.6

- 2 3 .4
-2 5 .2
-5 .5
3 0 .7

12.
12.
13.
14.

200.
198.
23 3 .
240.

1971-Q 1_____ .|
-Q 2 ------- .|
-Q 3 ------- .|
-Q 4 ----.1

1352.
1578.
1612.
1708.

1 9 .4
1 6 .7
2 .2
5 .9

3 7 .9
5 8 .7
6 5 .9
5 0 .9

19.
21.
21.
22.

305.
,3 1 1 .
300.
309.

|
|
|
|

1021.
1205.
1348.
1392.

5 .0
1 8 .0
1 1.9
3 .3

2 6 .4
4 2 .8
5 3 .4
4 3 .2

14.
16.
18.
18.

230.
237.
251.
252.

1972-Q1_____ .|
-Q 2 ------- .|
-Q 3 ------- .|
-Q 9------- .1

1811.
1917.
2 508.
2 8 78.

6 .0
5 .9
3 0 .8
1 4 .8

3 3 -9
2 1 .5
5 5 .6
6 8 .5

23.
23 .
30.
33.

312.
301.
3 52.
413.

|
|
|
|

1409.
1540.
2058.
2329.

1 .2
9 .2
3 3 .7
1 3 .2

3 8 .1
2 7 .8
5 2 -6
6 7 .3

18.
19.
25.
2 7.

243.
2 42.
289.
334.

1973-Q 1 -------.1
-Q 2 ------- . |
-Q 3 ------- .1
-Q 9 ------ .1

3106.
3 079.
3 209.
3330.

7.9
- 0 .9
4 .2
3 -8

7 1 .6
6 0 .6
2 8 .0
1 5 .7

34 .
32.
32.
32 .

463.
408.
362.
392.

|
|
|
|

2512.
2515.
2 733.
2849.

7 .9
0 .1
8 .7
4 .2

7 8 .3
6 3 .4
3 2 .8
2 2 .3

28.
26.
27.
27.

375.
334.
308.
335.

1974—Q1_____ .1
-Q 2 ------- . |
-Q 3 ------ .1
-Q 4 ------- .|

3 3 62.
3 845.
44 7 5 .
4234.

1 .0
14 .4
1 6 .4
-5 .4

8 .2
2 4 .9
3 9 .4
2 7 .1

31.
33.
37.
33.

400.
518.
454.
496.

i
|
|
|

2833.
32 5 8 .
38 5 8 .
35 5 4 .

-0 .5
1 5 .0
1 8 .4
-7 .9

1 2 .8
2 9 .5
41*. 2
2 4 .8

26.
28.
3 2.
28.

337.
439.
3 91.
416.

1975-Q 1_____ . «
-Q 2 ------ .|
-Q 3 ------- .1
-Q 4 --- .4

4300.
42 0 3 .
4145.
4234.

1 .6
- 2 .3
-1 .4
2 .1

2 7 .9
9 .3
-7 .4
0 .0

32.
30.
28.
27.

551.
507.
416.
416.

|
J
|
|

354 6 .
3473.
34 2 6 .
3462.

-0 .2
-2 -1
-1 .3
1 .0

2 5 .1
6 .6
-1 1 .2
- 2 .6

26.
2 4.
23.
22.

455.
419.
344.
340.

1976-Q 1_____ .|
-Q 2 ------- . |
- Q 3 . . . . .1
-Q 4 ------- . |

45 5 9 .
4384.
4525.
48 8 3 .

7 .7
-3 .9
3 .2
7 .9

6 .0
4 .3
9 .2
1 5 .3

28.
26.
26.
27 .

395.
372.
388.
414.

|
|
1
|

37 1 8 .
35 2 8 .
3657.
3875.

7 .4
-5 .1
3 .7
6 .0

4 .9
1 .6
6 .8
1 1 .9

23.
21.
21.
22.

322.
300.
313.
328.

1977-Q 1_____ .|
-Q 2 ------- . |
—Q 3 . . . . . . |
-Q 4 ------- .J

5 641.
5 5 88.
5715.
5476.

1 5 .5
- 0 .9
2 .3
-4 .2

2 3 .7
2 7 .5
2 6 .3
12 .1

30.
29.
28.
26.

372.
370.
406.
419.

|
|
1
|

4507.
4386.
44 3 4 .
4289.

16 .3
-2 .7
1.1
-3 .3

2 1 .2
2 4 .3
2 1 .2
1 0 .7

24.
2 3.
22.
21 .

297.
290.
315.
328.

1 9 7 8 -Q 1 .____
-Q 2 ------- .1
-Q 3 ------- . |
-Q 4 ------- . t

5 6 17.
58 4 4 .
6 3 27.
64 5 7 .

2 .6
4 .0
8 .3
2 .1

- 0 .4
4 .6
1 0 .7
1 7 .9

26.
26.
28.
27.

328.
351.
450.
393.

|
|
1
|

4421.
4597.
5020.
51 8 4 .

-1 .9
4 .8
1 3 .2
2 0 .9

20.
21.
22.
22.

258.
276.
357.
315.

1979—Q1_____ .1
-Q 2 ------- . |
-Q 3 ------- . |
-Q 4 ------- . |

7452.
8160.
8448.
9 746.

1 5 .4
9 .5
3 .5
15-4

3 2 .7
3 9 .6
3 3 .5
5 0 .9

30.
3 2.
31.
34.

498.
479.
542.
5 26.

|
|
|
J

5952.
6481.
6755.
7752.

1 4 .8
8 .9
4 .2
1 4 .8

3 4 .6
4 1 .0
3 4 .6
4 9 .5

24.
25.
25.
27.

398.
380.
434.
418.

1980—Q 1 . . . . . ]
“ Q2------- . )
-Q 3 ------- . |
-Q 4 ------- . |
I

10571.
10544.
8248.
8661.

8 .5
-0 .3
-2 1 .8
5 .0

4 1 .8
2 9 .2
- 2 .4
-1 1 . 1

35.
33.
25.
25.

791.
758.
616.
579.

|
|
|
|

85 1 5 .
8603.
6751.
71 15.

9 .8
1 .0
-2 1 .5
5 .4

43. 1
3 2 .7
-0 .1
-8 .2

29.
27.
20.
20.

637.
618.
504.
475.

1
1968-Q 1_____ J
-Q 2 ------ „ |
-Q 3 ------ . |
-C 9 ------ |
1
1969-Q 1_____ . J
-Q 2 ------ . j
-Q 3 ------ . j
-Q 9 --- |

24 2 .
23 3 .
257.
2 7 9 ..

* S E A S O N A L L Y - A D J U S T E D LOANS OU TS TA ND IN G AT END OF PR ECEDING QUARTER.




-0 . 1
-6 . 2
0 .0
2 0 .3

3. 1
4 .0
9 .2
3 .3

24

TABLE 22 3 .3 Q

FEDERAL LAND BANKS
LOANS CLOSED AND NEH HONEY LOANED
FOOB-QUABTEB HCVING TOTAL

1
1
1
| M ILLIONS
YEAR
|
OF
ENDING—
1
DOLLARS
1
1
1
19 6 4 -Q 1 . . • • . | * * * * * *
-Q 2 ------ . | * * * * * *
-Q 3 ------ . | * * * * * *
******
-Q 4 ------ |
1
******
1965-Q 1_____ . |
- Q 2 .... . J * * * * * *
„
|
******
-Q 3 -----******
-Q 4 ------ j

LOANS CLOSED
CHANGE FBOH
PREVIOUS YEAB
HILLIO NS
OF
DOLLARS_

PERCENT

LOANS CUT­
STANDING*

******
******
******
******

*****
*****
*****
*****

****
***•
****
•***

******
******
******
******

*****
*****
*****
*****

****
****
****
***•

******
******
******
******

******
******
******
******

*****
*****
*****
*****

****
*••*
****
****

******
******
******
******

******
******
******
******

*****
*****
*****
*****

**•*
**•*
****
****

******
******
******
******

******
******
******
******

*****
*****
*****
*****

****
****
****
****

******
******
******
******

******
******
******
******

*****
*****
*****
*****

****
*«**
****
****

1970-Q 1_____ . |
-Q 2 ------ |
-Q 3 ------- |
-Q 4 ------- .|

******
******
******
1017.

******
******
******
******

*****
*****
*****
*****

****
****
****
15.

1 9 7 1 - Q 1 . . . . . .|
-Q 2 ------- .|
“ Q3------- . |
-Q 4 ------- .|

1124.
1282.
1425.
1555.

******
******
53 8 .

*****
*****
5 2 .9

16.
18.
20.
21.

1972-Q 1______. |
-Q 2 ------- .|
-Q 3 ------- .|
-Q 4 ------- .|

1679.
1771.
1971.
2238.

5 56.
490.
547.
683.

4 9 .5
3 9 .2
3 8 .4
4 3 .9

22.
23.
24.
27.

1973-Q 1______. |
-Q 2 ------- .|
- Q 3 ------- . |
- Q 4 . ----- .1

2596.
2912.
3073.
31 6 9 .

916.
1140.
1102.
931.

5 4 .6
6 4 .4
5 5 .9
4 1 .6

30.
33.
33.
32 .

1974-Q 1_____ .|
-Q 2 ------- . |
-Q 3 ------- .|
-Q 4 ------- . |

3239.
3449.
37 3 7 .
3 940.

643.
537.
664.
771.

2 4 .8
1 8 .5
2 1 .6
2 4 .3

32.
32.
33.
33.

19 7 5 -Q 1 .. . . -|
-Q 2 ------ .|
-Q 3------- . |
-Q 4 ------ .|

4193.
4297.
4220.
42 1 9 .

954.
848.
483.
279.

2 9 .5
2 4 .6
1 2 .9
7 .1

34.
33.
30.
29.

1976-Q 1_____ . |
~ Q 2 ------- .|
-Q 3 ------ . |
-Q 4 ------- . )
1
1 9 7 7 -Q l_____ . |
-Q 2 ------ .1
- 0 3 ------- . 1
-C 4 ------- .|

4302.
4359.
4440.
4585.

109.
62 .
220.
366.

2 .6
1 .4
5 .2
8 .7

28.
28.
27.
27.

48 9 0 .
52315494.
5619.

588.
871.
1054.
1034.

1 3 .7
2 0 .0
2 3 .7
2 2 .5

28.
29.
29.
28.

1978-Q 1_____ .1
- 0 2 ------- .|
-Q 3 ------ .1
-Q 4 ------ .|

5602.
56 7 8 .
5 801.
6014.

711.
44 8 .
307.
3 95.

1 4 .5
8 .6
5 .6
7 .0

27.
27.
26.
27.

9 22.
1493.
1847.
2377.

1 6 .5
2 6 .3
3 1 .8
3 9 .5

28.
29.
30.
32.

2 7 05.
27 2 8 .
2204.
1228.

4 1 .5
3 8 .0
2 8 .8
1 4 .6

33.
34.
32.
30.

1
19 b 6 -Q 1_____ . |
-Q 2 ------ . |
-Q 3 ------ . |
-Q 4 ------ )
1
1967-Q1_____ . |
-Q 2 ------ . |
-Q 3 ------ . ]
-Q 4 ------ |
1
1 9 6 8 -Q 1 .... . j
-Q 2 ------ . |
-Q 3 ------ _ |
~Q 4------ )
i
1969-Q 1_____ . J
- Q 2 ------ . |
-Q 3 ------ , ]
-Q 4 ------ |

1 9 7 9 -Q 1 .... . !
6523.
71 7 1 .
-Q 2 ------- . |
7 648.
-Q 3 ------- .|
8 3 91.
-Q 4 ------ .|
1
1980—Q1_____ .|
92 2 8 .
9 899.
-Q 2 ------- .|
9852.
-Q 3 ------- .|
-Q 4 ------ .|
9619.
J ________________

NEM HONEY LOANED
I
1
FBOH
A S PERCENTAGE OF
J
CHANGE”
1
PREVIOUS YEAB
1 H ILLIO N S |
OF
1
LOANS OUT­
R E PAI­
BEPAY- 1 DOLLARS | B ILLIO N S
PERCENT
STANDING*
RS NTS
HENTS
|
OF
1
1 DOLLARS
|
1
*****
******
***•
*••*
******
****
i
******
*****
****
****
******
**•*
1
*****
•***
****
****
1 ******
****
******
*****
****
*••*
7 07.
1
1
*
*
*
*
*
*
*
*
*
*
*
**•*
7
8
4
.
22.
2
61.
1
******
*****
****
2 3.
276.
848.
1
****
•
*
•
•
•
*
*
*
*
*
*
23.
2
76.
8
6
3
.
1
*••*
887.
273.
180.
2 5 .5
2 2.
1
1
****
92 7 .
143.
18 .2
23.
273.
1
****
1007.
1 8 .6
24.
158.
297.
1
*•**
24.
1069.
20 5 .
2 3 .8
315.
1
****
14 .1
1012.
125.
22.
302.
►
1
****
960.
3 .5
32.
20.
295.
1
****
902.
-1 0 4 .
-1 0 .3
18.
279.
1
****
878.
-1 7 .8
17.
267.
-1 9 1 .
1
****
9 93.
-1 5 .
-1 .4
288.
19.
1
1
****
1045.
86.
9 .0
19.
288.
1
****
1040.
137.
1 5 .2
19.
281.
1
****
989.
111.
1 2 .7
17.
264.
1
*•**
902.
-9 5 .
-9 .5
15.
234.
1
1
****
918.
-1 2 8 .
-1 2 .2
15.
2 33.
1
****
984.
-5 6 .
-5 .4
16.
246.
1
****
1014.
25.
2 .6
16.
252.
1
****
8 4.
986.
9 .3
15.
24 8.
1
1
****
911.
-7 .
14.
230.
-0 .8
1
*•**
828.
-1 5 6 .
-1 5 .9
12.
212.
1
*•**
81 8 .
- 1 9 .4
-1 9 7 .
12.
208.
1
256.
871.
-1 1 6 .
-1 1 .7
13.
219.
1
1
268.
933.
23.
2 .5
13.
223.
1
1 030.
288.
203.
14.
2 4 .5
231.
1
304.
1134.
316.
3 8 .7
16.
242.
1
31 2 .
12 2 9 .
358.
4 1 .2
16.
247.
1
1
30 9 .
1335.
17.
40 2 .
43. 1
24 6 .
1
307.
1424.
39 4 .
3 8 .2
18.
24 7 .
1
329.
1581.
447.
3 9 .4
2 0.
264.
1
360.
1796.
567.
4 6 .1
22.
289.
1
1
3 85.
2103.
768.
5 7 .5
24.
312.
1
407.
2367.
942.
6 6 .2
2 6.
3 31 .
1
412.
2521.
940.
5 9 .5
27.
338.
1
4 04.
26 3 9 .
843.
4 7 .0
27.
337.
1
1
3 93.
2724.
620.
2 9 .5
2 6.
330.
1
418.
2924.
5 57.
2 3 .5
354.
27.
1
4 51.
31 7 9 .
658.
2 6 .1
384.
28.
1
474.
3340.
701.
2 6 .5
28.
40 2 .
1
1
511.
809.
2 9 .7
3533.
28 .
4 30.
1
3594.
516.
670.
2 2 .9
27.
432.
1
3 4 99.
3 20.
2 5.
492.
10- 1
408.
1
459.
138.
4. 1
34 7 8 .
24.
378.
1
1
424.
3536.
3.
0. 1
3 48.
231
40 0 .
3 5 56.
-3 9 .
-1 .1
326.
2 3.
1
38 9 .
3605.
106.
3 -0
316.
22.
1
387.
3 696.
2 18.
22.
312.
6 .3
1
1
379.
3921.
385.
1 0 .9
304.
2 2.
1
380.
17. 1
4163.
606.
23.
303 .
1
4335.
38 1 .
729.
2 0 .2
23.
300.
1
381.
4418.
72 3 .
1 9 .6
22299.
1
J
37 7 .
4388.
46 6 .
1 1 .9
296.
21.
1
376.
28 9 .
295.
4452.
6 .9
21.
1
23 4 .
304.
45 6 9 .
5 .4
386.
21.
1
340.
306.
386.
4 7 58.
7. 7
21.
1
1
5195.
1 8.4
329.
413.
808.
221
1267.
2 8 .4
360.
452.
5 719.
23.
1
474.
1536.
24.
6106.
378.
3 3 .6
1
1920.
4 0 .4
51 8 .
6678.
2 5.
412.
1
1
5 65.
73 8 6 .
2190.
2 7.
4 2 .2
452.
1
635.
79 8 0 .
2262.
3 9 .5
27.
5 12 .
1
635.
79 7 4 .
1PF3.
3 0 .6
26.
514.
1
626.
1 164.
1 7 .4
24.
7 842.
5 11 .
1
|

AS PERCENTAGE OF

* AVERAGE LOANS OUTSTANDING DURING THE PRECEDING FOUR QUARTERS (AVERAGE OF END-CF-QUAKTER DATA)




25

TABLE 2 2 4 . 1Q

QUARTER

FEDERAL LAND BABES
BEFIBAHCIMG AHD REPAYMENTS
I
1 .............. .........
1
1
| B ILLIO N S |
i
OF
{
| DOLLARS |
1
_
1

1964-Q1_____ . J
-Q 2 ------ ,|
-Q 3 ------ . |
-Q 4 ------ |
1
1 9 6 5 -Q 1 .. . . . J
-Q 2 ------ . j
-Q 3 ------ -1
-Q 4 ------ |

REFINANCING OF FEDERAL LAND BANK LOAMS
PERCENTAGE CHANGE
FBOfl PBEVIOOS
QUARTER

YEAR

******
******
******
******

*****
*****
*****
*****

*****

******
******

*****
*****
*****
*****

|

BEPAYHEMTS

AS PERCEMTAGE OF

| LOANS OUT| STANDING*

LOANS
CLOSED

REPAYMENTS
AMD
BBFIBANCING

1 PERCENTAGE CHANGE
FROM PBEYIOUS
B ILLIO N S |
OF
|
QUARTER
YEAR
|
DOLLARS |
1

AS
|
| PERCEMTAGE
OF
1
LOANS OUT­
STANDING*
1

****
****
****
•***

****
*•**
****
**♦*

****
****
****
•***

63.
57.
93.

*****
- 9 .7
6 3 .3

*****
*****
*****
*****

****
1 .9
1 .6
2 .6

*****
*****
*****

****
****
*•*•
****

****
•**•
****
•***

****
****
****
****

88.
69.
62.
105.

- 5 .2
-2 1 .4
- 1 0 .0
6 7 .9

*****
1 0 .0
9 .6
1 2 .7

2 .4
1 .8
1 .5
2 .5

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

****
****
****
****

****
****
*•**
****

103.
69.
62.
101.

-1 -8
-3 2 .5
-1 0 .2
6 1 .1

1 6 .7
0. 2
0 .0
-4 .0

2 .4
1 .6
1 .3
2 .1

******

*****
*****
*****

*****
*****
*****
*****

****
****
***•
• ***

****
*•••
****
****

****
****
****
****

93.
67.
67.
118.

-7 .2
-2 7 .8
-0 .6
7 6 .9

-9 .3
-3 .0
7 .3
1 7 .8

1 .9
1 .3
1 .3
2 .2

******
******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****

****
****
****

****
****
****

****

****

****

111.
74.
72 .
129.

-6 .6
- 3 3 .2
- 2 .9
7 9 .3

1 8 .5
9 .7
7 .2
8 .7

2 .0
1 .3
1 .2
2. 1

******
******
******

*****
*****
*****
*****

*****
*****
*****
*****

****
****
****
****

****
•***
**•*
****

****
****
****
****

119.
81.
73.
125.

- 7 .4
-3 2 .5
- 8 .9
7 0 .9

7 .8
8 .9
2 .2
-2 .6

1 .9
1 .3
1 .1
1 .9

37.
34.
30.
45.

*****
-8 . 1
-1 0 .4
5 0 .0

*****
*****
*****
*****

0 .5
0 .5
0 .4
0 .6

13.
13.
14.
17.

2 4.
3 1.
28.
2 6.

116.
75.
77.
13 0 .

- 7 .6
- 3 5 .3
2 .4
7 0 .0

-2 .9
-7 .0
4 .5
4 .0

1 .7
1. 1
1 .1
1 .8

1971-Q 1_____ .|
-Q 2 ------- .1
-Q 3 ------- .|
-Q 4 ------- .|

81.
94.
70.
81.

7 8 .9
1 6 .5
-2 6 .3
1 6 .0

1 2 0 .8
1 8 0 .0
1 3 0 .3
7 8 .2

1. 1
1 .3
0 .9
1 .0

21.
22.
19.
21.

37.
48.
41.
3 4.

137.
101.
100.
160.

5 .2
-2 6 .2
- 1 .3
6 0 .0

1 8 .5
3 5 .2
3 0 .3
2 2 .6

1 .9
1 .4
1 .3
2 .1

1 9 7 2 -Q 1 .____ .1
-Q 2 ------- .|
-Q 3 ------- .|
-Q 4 ------- .|

99.
98.
113.
133.

2 2 .8
-1 .7
1 5 .8
1 7 .6

2 2 -3
3 .2
6 2 .2
6 4 .4

1 .3
1 .2
1 .3
1 .5

20 .
19.
20.
20.

35.
42.
48.
42.

182.
136.
121.
182.

13 .6
-2 5 .3
-1 0 .5
4 9 .9

3 2 .4
3 4 .0
2 1 .5
1 3 .8

2 .3
1 .7
1 .4
2 .1

1 9 7 3 - Q 1 ... .. .|
-Q 2 ------- .|
-Q 3 ------- .1
-Q 4 ------- .1

149.
15 0 .
120.
11 1 .

1 2 .4
0 .5
- 2 0 .2
- 7 .2

5 0 .5
5 3 .8
6 .0
-1 6 .3

1 .6
1 .6
1 .2
1. 1

17.
18 .
17.
15.

39.
46.
44.
33.

236.
17 5 .
152.
221.

2 9 .5
-2 5 .6
-1 3 .6
4 5 .5

2 9 .7
2 9 .3
2 4 .9
2 1 .3

2 .6
1 .8
1 .5
2. 1

1974—Q1______.1
-Q 2 ------- .|
-Q3--------.|
-Q 4 ------- .|

13 5 .
159.
152.
15 4 .

2 1 .3
18.3
-4 .6
1.1

- 9 .7
6 .3
2 7 .2
3 8 .6

1 .2
1 .4
1 .3
1 .2

14.
1515.
16.

3 3.
48.
50.
41.

277.
176.
154.
224.

2 5 .3
- 3 6 .4
- 1 2 .1
4 4 .7

1 7 .3
0 .2
1 .8
1 .2

2 .5
1 .5
1 .3
1 .7

1975-Q 1______.|
-Q 2 ------- .1
-Q 3 ------- .|
- 0 4 ------- .1

195.
202.
170.
175.

2 6 .5
3 .7
- 1 5 .7
2 .9

4 4 .4
2 6 .6
1 1 .8
1 3 .7

1 .4
1. 4
1. 1
1. 1

16.
18.
18.
18.

4 2.
52.
49.
38.

267.
187.
180.
286.

1 9 .4
-2 9 .8
-3 .8
5 8 .6

-3 .5
6 .6
1 6 .6
2 7 .8

2 .0
1 .3
1 .2
1 .8

1 9 7 6 - Q 1 . . . . .|
-Q 2 ------- .1
- Q 3 ---- .|
-Q 4 . . . . . .|

219.
239.
201.
230.

2 5 .2
9 .2
- 1 5 .9
14 .2

1 2 .5
1 8 .5
1 8 .3
3 1 -4

1.4
1 .4
1-2
1-3

17.
20.
20.
21.

38.
48.
47.
41.

362.
262.
231.
330.

2 6 .7
-2 7 .5
-1 2 .1
4 3 .0

3 5 .7
40. 1
2 8 .0
1 5 .4

2 .3
1 .6
1 .3
1 .8

1977-Q 1______.1
-Q 2 --------.|
- Q 3 . ------ 0 4 ......... . (

298.
338.
294.
271.

2 9 .6
1 3 .4
- 1 3 .1
-7 .7

3 6 .0
4 1 .2
4 5 .9
1 7 .8

1 .6
1 .7
1 .5
1 .3

19.
22.
23.
22.

3 9.
4 9.
50.
43.

467.
348.
298.
363.

4 1 .7
-2 5 .5
-1 4 .5
2 1 .9

29. 1
3 2 .6
2 9 .0
1 0 .0

2 .5
1 .8
1 .5
1 .7

1 9 7 8 -Q 1 .. . . . .1
—Q 2 . . . . . .|
—Q3------- .1
-Q 4 ...........1

311.
351.
299.
295.

1 4 .7
1 2 .8
-1 4 .7
- 1 .5

4 .3
3 .8
1 .9
8 .7

1 .4
1 .6
1 .3
1-2

20.
22.
21.
20.

40.
48.
51.
42 .

476.
37 5 .
290.
41 5 .

3 1 .2
-2 1 .2
-2 2 .6
4 3 .1

1 .8
7 .7
-2 .5
1 4 .4

2 .2
1 .7
1 .3
1 .7

1979—Q1______.|
—Q2--------. |
—Q 3 . . . • . .|
-Q 4 ........... |

383.
476.
389.
465.

3 0 .0
2 4 .2
- 1 8 .3
19-7

2 3 .2
3 5 .6
2 9 .9
5 7 .9

1 .6
1 .8
1 .4
1 .6

19.
2121.
21-

43 .
55.
5 5.
52.

498.
385.
316.
422.

1 9 .9
- 2 2 .8
-1 7 .9
3 3 .6

4 .6
2 .6
8 .9
1 .7

2 .0
1 .5
1 .2
1 .5

1980-Q 1______.|
-Q 2 ...........|
- 0 3 ------- .1
-Q 4 ------- .|

512.
553.
348.
364.

10. 1
7 .9
- 3 7 .1
4 .7

3 3 .7
1 6 .2
- 1 0 .5
-2 1 .8

1 .7
1 .7
1 .0
1 .0

18.
1919.
19 .

50.
64.
53.
47.

511.
311.
308.
406.

2 1 .0
- 3 9 .1
-1 .1
3 1 .9

i

1966—Q1_____ . |
-Q 2 ------ _ J
-Q 3 ------ . j
-Q 4 ------ j
1
1967-Q 1 _____ -1
-Q 2 ------ . |
-Q 3 ------ . |
-Q 4 ------ -1
1
1 9 6 8 -Q1_____ |
-Q 2 ------ . |
- Q 3 ------ j
-Q 4 ------ |

1

1 9 6 9 -Q 1 . . • • . J
-Q 2 ------ . J
-Q 3 ------ . J
- Q 4 ------ .|

******
******
******
** ** * *

******
* *****

******
******
******

*•••••

1

1970-Q 1_____ .J
-Q 2 ------ .|
-Q 3------- .|
-Q 4 ------- .1

1

1

*****
*****

J __________
* LOAMS OUTSTANDING AT BHD OF PBECEDIMG QUABTEB.
"M S P I M A MCIMG OF FE DERAL LA ND BABE L O A N S ” IS C O H P OT ED AS LOANS CLOSED LESS MEM BOBBY LOANED.
" B E P AI BE MI S” AR E C O B P O T B D AS NEB HOMEY L O AN ED LE SS TH E CH AN GE IN LOAMS OUTSTANDING.




2 .6
-1 9 . 1
-2 .6
-3 .8

1 .7
1 .0
0 .9
1 .2

26

TABLB 224.2Q

FEDEEAL LAND BANKS
REFINANCING AND REPAYMENTS
SEASONALLY-ADJUSTED ANNUAL BATE

1
1
1
QUARTER
| MILLIONS |
OF
|
1
1 DOLLARS |
1
I
1964-Q1.....1 ******
******
-Q2.....|
-Q3.....|
******
-Q4.....|
J
******
1965-Q1.....|
******
-Q2.....j
******
-Q3.....|
******
-Q4.....|
1
******
1966-Q1.....1
******
-Q2.....|
-Q3 .... | ******
******
-Q4.....1

REPAYMENTS

REFINANCING OF FEDERAL LAND BANK LOAMS
PERCENTAGE CHANGE
FROM PREVIOUS
QUARTER

TEAR

AS PERCENTAGE OF

|

| LOANS OUT| STANDING*

LOANS
CLOSED

REPAYMENTS
AND
REFINANCING

I
MILLIONS |
OF
|
DOLLARS |
1

PERCENTAGE CHANGE
FROM PREVIOUS
QUARTER

YEAR

|
AS
| PERCENTAGE
|
OF
| LOAMS OUT1 STANDING*

******
******
******
******

*****
*****
*****
*****

*•**
• *•*
*•**
*♦**

*•**
• **•
• **•
****

****
****
*•**
****

304.
287.
342.

*****
*****
-5.7
19.2

*****
*****
*****
*****

****
8.9
8.2
9.5

******
******
******
******

*****
*****
*****
*****

****
****
****
****

***•
**•*
• •**
***•

****
**••
***•
****

292.
312.
313.
387.

-14.8
6.9
0.4
23.7

*****
2.4
9.0
13. 1

7.8
8.0
7.8
9.3

******
******
******
******

*****
*****
*****

****
****
****
****

*••*
**•*
****
• *•*

****
**•*
• ••*
****

327.
300.
365.
316.

-15.4
-8.2
21.5
-13.5

12.3
-3.6
16.7
-18.4

7.6
6.7
7.8
6.5

*****
*****
*****

****
• *•*
****
•*•*

• ***
****
• ***
• •••

• ***
****
* ***
**••

296.
346.
362.
446.

-6.2
17.0
4.5
23.4

-9.6
15.2
-0.9
41.4

5.9
6.8
6.9
8.2

1967-Q1_____|
- Q2 .....|
-Q3.....|
-Q4.....|

******
******
******
******

******
******
******

1968-Q1.....|
— Q2.....|
-Q3.....1
— Q4.....J

******
******
******

******
******
******
******

*****
*****
*****
*****

*•**
*♦**
****
****

****
*•*•
***♦

• ***
**•*
****
• ••*

362.
389.
340.
415.

-18.9
7.4
-12.6
22.2

22.3
12.3
-6. 1
-7.0

6.4
6.7
5.7
6.9

1969-Q1.....|
-Q2.....j
-Q3.....J
— Q4..... |

******
******
******
******

******
******
******
******

*****
*****
*****
*****

***•
****
*•**
**•*

****
*•**
*••*
*•••

• ***
****
**•*
• **•

367.
400.
369.
367.

-11.7
9.1
-7.7
-0.4

1.3
2.9
8.5
-11.5

5.9
6.3
5.7
5.5

1970-Q1.....|
-Q2.....|
-Q3.....|
-Q4.....|

173.
151.
93.
160.

******
-12.8
-38.4
71.8

*****
*****
*****
*****

2.6
2.2
1.3
2.3

18.
15.
10.
14.

30.
26.
20.
28.

404.
426.
378.
405.

10.1
5.4
-11.4
7.3

10.3
6.6
2.4
10.3

6.0
6.2
5.4
5.7

1971-Q1.....|
-Q2.....|
"Q3.....|
-Q4.....|

331.
373.
264.
316.

107.4
12.6
-29.3
19.7

91.4
147.2
183.5
97.6

4.6
5. 1
3.5
4. 1

25.
24.
16.
18.

43.
42.
33.
36.

443.
508.
537.
553.

9.4
14.6
5.6
3.0

9.6
19.2
42. 1
36.4

6. 1
6.9
7.1
7.1

1972-Q1.....|
-Q2.....|
-Q3.....1
-Q4.....|

401.
377.
450.
549.

27.0
-5.9
19.2
21.9

21.0
1.1
70.6
73.7

5.0
4.6
5.4
6.3

22.
20.
18.
19.

41.
37.
39.
44.

580.
636.
712.
697.

5.0
9.7
11.9
-2. 1

30.9
25.2
32.6
26.0

7.3
7.8
8.5
8.0

1973-Q1.....|
-Q2.....1
-Q3.....|
-Q4..... |

594.
564.
476.
482.

8.2
-5. 1
-15.5
1. 1

48.0
49.4
5.9
-12.2

6.5
5.9
4.7
4.6

19.
18.
15.
14.

47.
43.
35.
36.

671.
754.
886.
850.

-3.7
12.4
17.6
-4.2

15.6
18.5
24.6
22.0

7.3
7.9
8.8
8.1

1974-Q1_____|
-Q2.....|
-Q3.....|
-Q4.....j
1
1975-Q1.....|
-Q2.....|
-Q3.....|
-Q4.....|

529.
587.
617.
680.

9.8
11.0
5. 1
10.2

-10.9
4.1
29.5
41.1

4.8
5. 1
5. 1
5.3

16.
15.
14.
16.

39.
44.

840.
742.
985.
854.

-1.2
-11.6
32.8
-13.4

25.2
-1.6
11.2
0.5

7.6
6.5
8.1
6.6

754.
730.
719.
772.

11.0
-3.2
-1.5
7.4

42.6
24.4
16.6
13.6

5.6
5. 1
4.8
5.0

18.
17.
17.
18.

49.
47.
42.
43.

780.
829.
997.
1019.

-8.6
6.3
20.2
2.2

-7. 1
11.7
1.2
19.3

5.8
5.8
6.7
6.6

1976— Q1.....I
-Q2.....|
-Q3...,.|
-Q4.....|

841.
856.
868.
1008.

8.9
1.8
1.4
16. 1

11.5
17.3
20.7
30.5

5.2
5- 1
5.0
5.6

18.
20.
19.
21.

42.
42.
43.
46.

1154.
1178.
1167.
1180.

13.3
2.0
-0.9
1.2

48.0
42.0
17.0
15.9

7.2
7.0
6.7
6.6

1977-Q1.....|
-Q2.....|
-Q3.....|
-Q4.....1

1134.
1202.
1281.
1187.

12.5
6.0
6.6
-7.3

34.8
40.4
47.6
17.8

6. 1
6.2
6.4
5.7

20.
22.
22.
22.

43.
48.
48.

1518.
1510.
1407.
1307.

28.6
-0.5
-6.8
-7.1

31.6
28.3
20.6
10.7

8.2
7.8
7.0
6.3

1978-Q1.....|
-Q2.....|
-Q3.....|
-Q4..... J

1196.
1246.
1308.
1274.

0.7
4.2
4.9
-2.6

3.7
2.1
7.3

5.5

5.6
5.7
5.3

21.
2121.

41.
43.
48.
44.

31.2
-3.0
-15.6
17.1

12.9
10. 1

20.

1715.
1663.
1405.
1644.

25.8

7.9
7.5
6. 1
6.9

1979-Q1.....|
-Q2.....|
-Q3.....1
-Q4.....|

1501.
1678.
1693.
1994.

17.8
11.8
0.9
17.8

25.5
34.6
29.5
56.6

6. 1
6.5
6.3
7.0

20.
21.
20.
20.

50.
50.
52.
52.

1496.
1705.
1558.
1853.

-9.0
13.9
-8.6
19.0

-12.7
2.5
10.9
12.7

6.0
6.6
5.8
6.5

1980-Q1.....|
-Q2.....|
-Q3.....|
-Q4.....|
_____________ L

2056.
1941.
1496.
1546.

3. 1
-5.6
-22.9
3.3

37.0
15.7
-11.6
-22-5

6.9
6. 1
4.5
4.4

19.
18.
18.
18.

61.

1336.
1392.
1339.
1496.

-27.9
4.2

-10.7
-18.4
-14. 1
-19.3

4.0
4.3

5.5

44.

38.

44.

58.

53.
51.

* SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OF PRECEDING QUARTER.
"REFIN AN CI NG OF FE DERAL LA N D BANK LOANS" IS CONPUTED AS LOAMS CL OS ED LESS NEW MONEY LOANED.
"REPAYHENTS" ARE COflPUTED AS NEH MONEY LOANED LESS TH E CH A N G E IN LOAN S OUTSTANDING.




-3.8
11.3

-0 .2

4.5
4.4

27

FEDERAL LAND BANKS
REFINANCING AND RE PAYMENTS
FOUB-QUABTEB MOVING 102AL

TABLE 2 2 4 . 3Q

REFINANCING OF FEDERAL LAND BANK LOANS
I
I
|
CHANGE FROM
(
I
AS PERCENTAGE OF
YEAR
| MILLIONS |
PREVIOUS YEAR
1
ENDING—
|
OF
I
1
LOANS
| DOLLARS 1 MILLIONS
LOANS OUTREPAYMENTS
AND
|
OF
PERCENT J STANDING*
CLOSED
1
REFINANCING
1
DOLLABS
1
1
1
*****
***•
****
****
******
1964-Q 1____ . | ******
****
****
****
******
*****
- Q 2 --- -1
******
*****
****
****
****
******
- Q 3 ---- . | ******
****
****
****
******
*****
- Q 4 --- . | ******
1
******
****
*****
****
****
******
1965— Q1^
****
****
****
******
*****
- Q 2 --- „ | ******
.
j
******
*****
****
****
******
****
- Q 3 --| ******
******
*****
****
****
****
- Q 4 --1
* ***
*****
**♦*
****
******
1966-Q1___ . j ******
** * * *
****
****
****
******
- Q 2 ---- . | ******
******
*****
****
****
******
****
-Q 3---- .|
****
****
******
*****
****
- Q 4 ---- . j ******
1
*****
****
****
******
****
1967-Q1____ . | ******
******
******
*****
****
****
****
-Q 2---- .j
*****
****
****
******
****
- Q 3 ---- . j ******
******
******
*****
****
****
****
- Q 4 ---I
******
*****
****
****
* + **
1968-Q1____ . j ******
*****
****
****
******
****
- Q 2 ---- . j ******
******
*****
****
**♦*
****
- Q 3 ---- . j ******
******
*****
****
****
****
- Q 4 ---- I ******
1
*****
****
****
******
****
1969— Q1..». . j ******
******
*****
****
****
****
- Q 2 --- . j ******
******
*****
****
****
****
- Q 3 ---- | ******
******
*****
****
****
****
- Q 4 ---- 1 ******
1
*****
****
******
****
****
1970-Q1___ . j ******
******
*****
****
****
****
- Q 2 --- . j ******
*****
****
******
****
****
- Q 3 --- | ******
******
*****
2. 1
14.
27.
— Q 4 ---1971-Q1___
- Q 2 ---Q3....
-Q 4----

REPAYMENTS
CH AN GE FBOH
I
MILLIONS |
PBEVIOUS YEAR
OF
|
....
DOLLABS || MILLIONS
OF
PERCENT
1
Jt DOLLARS

|
AS
| PERCENTAGE
OF
I|
| LOANS OUT| ST ANDING"
JL

******
******
******
******

******
******
******
******

*****
*****
*****
*****

****
****
****
****

301.
307.
313.
325.

******
******
******
******

*****
*****
*****
*****

8.4
8.3
6.2
8.2

339.
339.
339.
335.

38.
32.
27.
11.

12.7
10.4
8.5
3.3

8.3
8.0
7.7
7.3

326.
324.
328.
346.

-14.
-16.
-11.
11.

-4. 0
-4 .6
-3. 3
3. 3

6. 8
6.6
6.5
6.7

363.
370.
375.
385.

3846.
47.
39.

11.6
14.3
14. 2
11.3

6.8
6.7
6.6
6.6

394.
400.
402.
399.

30.
30.
27.
13.

8.3
8. 2
7.2
3.5

6.6
6.5
6.4
6.2

395.
389.
393.
398.

1.
-11.
-9.
-1.

0.3
- 2 .7
- 2 .3
-0 .2

6.0
5.8
5.8
5.8

******
******
******
180.

*****
*****
*****
123.2

2.7
3.5
4.0
4.4

17.
20.
20.
21-

31.
36.
38.
40.

419.
446.
469.
498.

24.
56.
76.
101.

6. 1
14. 4
19.4
25.3

6.0
6.2
6.4
6.7

1
1972-Q1____
-Q2....,.|
-Q 3---- ,.|
- Q 4 ---- .1

347.
390.
442.

154.
96.
100.
11b.

80.7
38.2
34.4
35.7

4.5
4.4
4. 8
5.3

20.
20.
2020.

39.
38.
39.
42.

543.
577.
599.
621.

124.
132.
130.
123.

29.5
29.6
27.7
24.6

7. 1
7.4
7.4
7.5

19 73 -Q 1____ . |
- Q 2 ---- .1
- Q 3 ---- -|
- Q 4 ---- -|

492.
545.
552.
530.

148.
198.
161.
88.

43. 1
57.0
41.3
19.8

5. 7
6. 1
5.9
5.4

19.
19.
18.
17.

42.
43.
43.
40.

675.
715.
745.
784.

132.
138.
146.
163.

24.3
23.8
24.4
26.2

7.8
8.0
8.0
8.0

1974-Q1____ .(
- Q 2 ---- .1
-Q3---- .J
- Q 4 ----

516.
525.
558.
600.

23.
-20.
6.
70.

4.7
-3.7
1. 1
13.3

5.0
4. 9
4.9
5. 1

16.
15.
IS­
IS.

38.
39.
40.
42.

825.
825.
828.
830.

150.
110.
83.
47.

22.2
15.4
11. 1
6. 0

8.0
7.7
7.3
7.0

1975-Q1....
- Q 2 ---- Q 3 ---- Q 4 ----

.|
.|
.1
-|

660.
703.
721.
742.

145.
178.
163.
141.

28. 1
33-9
29.3
23.5

5. 3
5.3
5.2
5. 1

16.
16.
17.
18.

45.
46.
46.
45.

821.
832.
858.
920.

— 4.
7.
30.
90.

-0. 5
0.9
3.7
10.8

6.6
6.3
6.2
6.3

1976-Q1____
- Q 2 ---- Q 3 ---- Q 4 ----

.|
.|
.J
.|

766.
804.
835.
890.

106.
101.
1 14.
148.

16.0
14.3
15.8
19.9

5. 1
5. 1
5. 1
5.2

18.
18.
19.
19.

43.
42.
42.
43.

1015.
1091.
1141.
1185.

195.
258.
283.
265.

23.7
31.0
33.0
28.8

6.7
6.9
7.0
7.0

1977-Q1____ .|
- Q 2 ---- ml
- Q 3 ---- .(
- Q 4 ---- .1

969.
1067.
1160.
1201.

202.
264.
325.
311.

26.4
32.8
38-9
35.0

5.5
5. 8
6. 1
6. 1

20.
20.
2121.

43.
44.
45.
45.

1291.
13761443.
1476.

275.
286.
302.
291.

27.1
26.2
26.5
24.6

7.3
7.5
7.6
7.5

1978-Q1____
- Q 2 ---- Q 3 ---- Q 4 ----

1214.
1226.
1232.
1256.

245.
159.
72.
55.

25.3
14.9
6.2
4.6

5. 9
5.8
5.6
5.5

22.
22.
21.
21.

45.
45.
45.
45.

1485.
1512.
1504.
1557.

194.
135.
61.
30.

15.0
9.8
4.2
5.4

7.3
7.1
6-9
6.9

.|
1328.
.|
1453.
.|
1542.
.|
1713.
1
1
1 9 80 -Q 1.... .J
1842.
- Q 2 ---1919.
- Q 3 ---- .|
1878.
- Q 4 ---- .|
1777.
-J__________

1 14.
226.
310.
457.

9.4
18.5
25.2
36. 4

5. 7
6.0
6. 1
6. 5

20.
20.
20.
20.

46.
48.
49.
51.

1579.
1588.
16T4.
1621.

94.
77.
110.
64.

6.3
5. 1
7.3
4. 1

6.7
6.5
6.3
6. 1

514.
466.
336.
64.

38.7
32. 1
21.8
3.7

6.6
6.6
6. 1
5.5

20.
19.
19.
18.

53.
55.
55.
54.

1634.
1560.
1552.
1536.

55.
-28.
-62.
-85.

3.5
-1 .8
- 3 .8
-5.3

5.9
5.3
5.0
4.7

.|
.|
.|
.|

19 79 -Q 1____
- Q 2 ---- Q J ---- Q 4 ----

* AVEBAGE LOANS OUTS TA ND IN G DURING THE PB ECEDING FOUR QUARTERS

(AVERAGE OF E N D - OF -Q UA BT EB DATA)

"R EF IN AN CI NG OF FE DERAL LA ND BANK'L OA NS " IS CO MP UT ED AS LOANS CLOSED LESS NEW HONEY LOANED.
"R EPAYMENTS" ABE COMPUTED AS NEB HONEY LOANFD LESS THE C H AN GE IN LOANS OUTSTANDING.




28

T A BL E 231. IQ
FARO

FAfiR MORT GA GE S OU TSTANDING
HILL IONS OF DOLLARS
END OF
QUARTER

FABH MORT GA GE S AC QUIRED

PERC EN TA GE CH AN GE
FROH PR EV IO US

1 CH AN GE FROH PBEVIOOS
1
YEAB.
1 QOABTEB

QOABTEB

IEAB

|
|

MILLIONS OF DOLLABS

1
1
AC Q0 IB E0 |I CH AN GE FBOH PBEVIOOS|
|
IN
|1
I
_ . ......
QUARTER I1 QUARTER
YEAS
1

PEBCEN TA GE CHANGE
FBOH PBEVIOOS
QO AB TE B

YEAB

2856.
2909.
2946.
2983.

30.
53.
37.
37.

123.
147.
151.
157.

1. 1
1.9
1.3
1.3

4.5
5.3
5.4
Dm 6

|
|
|
|

153.
112.
86.
116.

41.
-41.
-26.
30.

-8.
-23.
-9.
--

36.6
-26.8
-23.2
34.9

-5 . 0
-17.0
-9.5
3.6

|
|
|
|

3004.
3078.
J128.
3170.

21.
74.
50.
42.

14 8.
169.
182.
187.

0.7
2-5
1.6
1. 3

5.2
5.8
6.2
6.3

|
|
|
|

156.
148.
109.
142.

40.
-8.
-39.
33-

3.
36.
23.
26.

34.5
-5. 1
-26. 4
30.3

2.0
32.1
26.7
22.4

1962— Q 1.... J
-Q 2 ..... |
- Q J ........... |
- Q 4 ---- J
1
1 9 6J -Q 1____ 1
- Q 2 ---- |
- Q 3 ----Q 4 ..... |

32123286.
3346.
3400.

42.
74.
60.
54.

208.
208.
210.
230.

1.3
2.3
1.8
1.6

6.9
6.8
7.0
7.3

|
|
|
|

191.
156.
122.
150.

49.
-35.
-34.
28.

35.
8.
13.
8.

34.5
-1 8 . 3
-21.8
23.0

22.4
5.4
11.9
5.6

3464.
3592.
3713.
3792.

64.
128.
121.
79.

252.
306.
367.
392.

1.9
3.7
3.4
2. 1

7.3
9-3
11.0
11.5

*|
|
1
|

234.
227.
206.
199.

84.
-7.
-21.
-7.

43.
71.
84.
49.

56.0
-3.0
-9.3
-3.4

22.5
45.5
68.9
32.7

1 96 4 - Q 1____
- Q 2 ---- Q 3 ---- Q 4 . ...

.|
.|
.|
.1
1
1 9 o 5- Q 1 ____ |
- Q 2 ---- .|
-Q 3 ---- Q 4 ---- |
i
1966-Q 1____ . |
- Q 2 ---- .|
- Q 3 ---- |
- Q 4 ---- .J

3921.
4086.
4197.
4304.

129.
165.
111.
107.

457.
494.
484.
512.

3.4
4.2
2.7
2.5

13.2
13.8
13.0
13.5

|
|
|
|

324.
273.
205.
245.

125.
-51.
-68.
40.

90.
46.
-1.
46.

62.8
-15.7
-24.9
19.5

38.5
20.3
-0 .5
23.1

4425.
4583.
4686.
4823.

121.
158.
103.
137.

504.
497.
489.
519.

2. 8
3.6
2.2
2.9

12.9
12.2
11.7
12. 1

|
|
J
|

382.
294.
203.
270-

137.
-88.
-91.
67.

58.
21.
-2.
25.

55.9
-23.0
-31. 0
33.0

17.9
7.7
-1.0
10.2

4969.
5165.
5227.
5240.

145.
197.
62.
13.

543.
582.
541.
417.

3. 0
4.0
1.2
0.2

12.3
12.7
11.5
8.6

|
|
|
|

388.
322.
146.
138.

118.
-66.
-17b.
-8.

6.
28.
-57.
-132.

43.7
-17.0
-54. 7
-5 .5

1.6
9.5
-28.1
-48.9

1967-Q 1____ .1
- Q 2 ---- .J
- Q J ..... |
- Q 4 ---- |

5274.
5377.
5463.
5569.

34.
103.
86.
106.

306.
212.
236.
329.

0.6
2.0
1.6
1.9

6.2
4.1
4.5
6.3

|
1
|
|

219.
205.
174.
239.

81.
-14.
-31.
65.

-169.
-117.
28.
101.

58.7
-6.4
-15.1
37.4

-43.6
-36.3
19.2
73.2

19 68 -Q 1......|
- Q 2 ..... |
- Q 3 ..... ,|
— Q4..... ►|

5634.
5731.
5776.
5803.

65.
97.
45.
27.

360.
354.
313.
234.

1.2
1.7
0.8
0.5

6.8
6.6
5.7
4.2

|
|
|
|

279.
200.
138.
155.

40.
-79.
-62.
17.

60.
-5.
-36.
-84.

16.7
-2 8 . 3
-31.0
12.3

27.4
-2.4
-20.7
-35.1

19 69-Q1_____
- Q 2 .....,|
- 2 3 ......|
- Q 4 ..... |

5785.
5849.
5865.
5773.

-18.
64.
16.
-92.

151.
118.
09.
-30.

n
0
1

1
1
|
QU AB TE B
1
|
|
1
1
19 60 -Q 1..... |
- Q 2 ..... |
- Q J ..... |
- Q 4 ---- |

LIFE IN SURANCE CO MP AN IE S
HO RXGAGES O U T S TA ND IN G AMO ACQUIRED

1. 1
0.3
-1 .6

2.7
2.1
1.5
-0.5

|
I
|
J

196.
178.
96.
70.

41.
-18.
-82.
-26.

-83.
-22.
-42.
-85.

26.5
-9.2
-46. 1
-27. 1

-29.7
-11.0
-30.4
-54.8

19 70 -Q 1......1
- Q 2 ......|
-23..... .1
- Q 4 -----.|

5675.
5670.
5667.
5649.

-98.
-5.
-3.
-18.

-110.
-179.
-198.
-124.

-1.7
-0. 1
-0. 1
-0. 3

-1.9
-3.1
-3.4
-2. 1

|
|
|
|

80.
78.
68.
88.

10.
-2.
-10.
20.

-116.
-100.
-28.
18.

14.3
-2.5
-12.8
29.4

-59.2
-56.2
-29.2
25.7

1971-Q1.....,|
-2 2 ..... .i
- 2 3 .....
- Q 4 ......|

5545.
5564.
5594.
5601.

-104.
19.
30.
7.

-130.
-106.
-73.
-48.

-1 .8
0.3
0.5
0. 1

-2.3
-1.9
-1.3
-0 . 8

i
|
|
J

92.
137.
127.
147.

4.
45.
-10.
20.

12.
59.
59.
59.

4.5
48.9
-7.3
15. 7

15.0
75.6
86.8
67.0

1 9 72— Q 1.....
-Q 2 ..... .|
- 2 3 ----- .|
- 2 4 ..... ,|
I
1973— Q 1..... .1
- 2 2 ......1
-Q 3 ..... .|
- 2 4 ..... .|

5535.
5582.
5617.
5678.

-66.
47.
35.
61.

-10.
18.
23.
77.

-1 .2
0.8
0.6
1. 1

-0.2
0.3
0.4
1.4

|
|
|
|

159.
179.
155.
207.

12.
20.
-24.
52.

67.
42.
28.
60.

8.2
12.6
- 1 3. 4
33.5

72.8
30.7
22.0
40.8

5643.
5737.
5867.
5996.

-35.
94.
130.
129.

108.
155.
250.
318.

-0.6
1.7
2.3
2.2

2.0
2.8
4.5
5.6

|
1
|
|

223.
247.
247.
289.

16.
24.
0.
42.

64.
68.
9282.

7.7
10.8
0.0
17.0

40.3
38.0
59.4
39.6

1974-Q1..... .|
- 2 2 ..... .j
- 2 3 ..... .|
— Q4..... .|

5999.
6128.
6247.
6327.

3.
129.
119.
80.

356.
391.
380.
331.

0. 1
2.2
1. 9
1.3

6.3
6.8
6.5
5.5

|
|
|
|

277.
284.
224.
222.

-12.
7.
-60.
-2.

54.
37.
-23.
-67.

-4.2
2.5
-21. 1
-0.9

24.2
15.0
-9.3
-23.2

1975— Q 1..... .1
- Q 2 ..... .1
- 2 3 ..... .|
- 2 4 ..... ,J
1
19 76 -Q 1..... ,|
- 2 2 ..... .|
- 2 3 ..... ,|
- 2 4 ..... ,|

6428.
6573.
6 6 J 1.
6753.

101.
145.
58.
122.

429.
445.
384.
426.

1.6
2.3
0.9
1.8

7.2
7.3
6.1
6.7

|
J
|
|

363.
270.
170.
272.

141.
-93.
-100.
102.

86.
-14.
-54.
50.

63.5
-25. b
-37.0
60.0

31.0
-4.9
-24. 1
22.5

6815.
7005.
7184.
7425.

62.
190.
179.
241.

387.
432.
553.
672.

0. 9
2. 8
2.6
3.4

6-0
6.6
8-3
10.0

|
|
|
|

352.
334.
367.
437.

80.
32.
-17.
70.

-11.
114.
197.
165.

29.4
9. 1
-4. 4
19. 1

-3.0
42.2
115.9
60.7

1977— Q 1......j
- 2 2 ..... .|
- 2 3 ..... .|
- 2 4 ......|

7640.
8139.
8475.
8842.

215.
499.
336.
367.

825.
1 134.
1291.
141/.

2. 9
4. 1
4.3

12. 1
16.2
18.0
19. 1

|
|
|
J

549.
748.
565.
598.

112.
199.
-183.
33.

197.
364.
198.
16 1.

25.6
36.2
-24.5
5.8

56.0
94.0
54.0
36.8

1970-Q1..... .|
- 2 2 ..... .1
- 2 3 ..... >|
- Q 4 -----.1

9205.
9712.
10116.
10499.

363.
507.
404.
383.

1565.
1573.
1641.
1657.

4. 1
5.5
4.2
3.0

20.5
1*. 3
19.4
18.7

|
|
|
|

692.
799.
640.
617.

94.
107.
-159.
-23.

143.
51.
75.
19-

15.7
15. 5
-19.9
-3.0

26.0
6. 8
13.3
3.2

1979 -Q 1.___ ,|
- Q 2 .....
- 2 3 .....,|
— Q4..... ,|
i
19 JU -Q 1..... 1
- 2 2 ..... .|
- 2 3 .....
- 0 4 ..... .1
1

10927.
11480.
11864.
12180.

428.
553.
384.
316.

1722.
1768.
1748.
1681.

4. 1
5. 1
3. 3
2.7

18.7
18.2
17. J
16.0

1
|
J
|

840.
878.
576.
505.

223.
38.
-302.
9.

148.
79.
-64.
-32.

36. 1
4.5
-34.4
1.6

21.4
9.9
-10.0
-5.2

12400.
12682.
12729.
12844.

*20.
282.
47.
115.

1473.
1202.
865.
664.

1.8
2. 3
0.4
0.9

13.5
10.5
7.3
5.5

{
|
|
|

12 4.
5*5226.
367.

39.
-79.
-319.
141.

-21b.
-333.
-350.
-218.

6.7
-12.7
-58.5
62.4

-25.7
-37.9
-60.8
-37.3

19 61 -Q 1____
- Q 2 ---- Q J ---- Q 4 .....




c. 5

29
LIFE INSURANCE CO MPANIES
FARM MORTGAGES OUTSTA ND IN G AMD ACQUIRED
SEASONAL LY -A DJ US TE D DATA

TABLE 2 3 1 . 2Q

FARM MO RTGAGES OU TSTANDING
I
l_
J PERCENTAGE CHANGE
MIL LI ONS OF DOLLARS
I
|
FROM PREVIOUS
1
CHANGE
PROM
PREVIOUS
1
1
1 END OF |
| QUARTER
YEAR
YEAR
1 QUARTER 1 QUARTER

QUARTER

1

1

1

(SAAR)

(SAAB)

FARM MORTGAGES ACQUIRED

I
|

MILLIONS OF DOLLARS

AC QUIRED | CH AN GE FROM PREVIOUS
IN
|
QUARTER | QUARTER
YEAR
|
(SAAR)
1

PERC EN TA GE CHANGE

FROM PREVIOUS
QUARTER

YEAR

19 60 -Q 1...
-Q2...
-Q3... ..1
-Q4... --I

2865.
2901.
2940.
2984.

149.
146161.
180.

124.
146.
150.
156.

5. 3
5. 1
5.6
6. 1

4.5
5.3
5.4
5.5

472.
439.
440.
514.

-63.
-117.
3.
379.

-16.
-99.
-4 8.
25.

- 1 3. 0
-2 4. 9
0.7

1961-Q1... --I
-Q2..',

3014.
3068.
3120.
3171.

123.
222214.
206.

150.
168.
180.
187.

4.1
7. 3
7. 0
6.6

5.2
5.8
6. 1
6.3

487.
573.
560.
639.

-99.
444.
-52.
391-

15.
134.
119.
125.

-19.2
91.2
69.9

3.3
30.4
27.1
24.3

1962-Q1.. ..1
-Q2...
-Q3... • •I
-Q4... -- 1

3224.
3274.
3337.
3402.

219203.
260.
267.

210.
205.
216.
231.

6.9
6. 3
7.9
8.0

7.0
6.7
6.9
7.3

605.
588.
624.
684.

-126.
-64.
156.
277.

117.
15.
64.
45.

- 1 9. 7
-10.6
26.6
44.4

24. 1
2.6
11.5
7.0

1963-Q1... -• 1
-Q2...
-Qi...
-Q4...

3477.
3576.
3702.
3795.

314.
411.
534.
383.

253.
302.
366.
393-

9-2
1 1.8
14. 9
10.3

7.9
9.2
11.0
11.6

736.
844.
1063.
901.

235.
535.
1279.
-515.

131.
256.
439.
217.

34.4
72.7
151.6
-48. 5

21-7
43.5
70.4
31.7

1964-Q1...
-Q2... --I
-Q3... -- 1
-Q4...

3936.
4065.
4185.
4306.

597.
543.
504.
505.

458.
489.
483.
512.

15.7
13.8
12.4
12. 1

13.2
13.7
13.0
13.5

1028.
1002.
1078.
1110.

627.
-101.
345.
133.

291.
158.
15.
210.

69.6
-9.8
34.4
12-3

39.6
18.7
1.5
23.3

19 65 -Q 1...
-Q2... ..1
-Q3...
- Q 4 . ..

4440.
4558.
4673.
4823.

561.
489.
480.
628.

505.
493.
488.
517.

13- 0
11.0
10.5
13.4

12.8
12.1
11.7
12.0

1183.
1076.
1082.
1177.

322-373.
23.
434.

155.
75.
4.
67.

29.0
-3 1. 6
2. 1
40. 1

15.1
7.5
0.3
6.0

196b -Q l...
-Q2...
-Q3...
-Q4— .

4984.
5137.
5213.
5236.

679.
640.
308.
95.

544.
580.
539413.

14. 1
12-8
6.0
1.8

12.3
12-7
11.5
8.6

1224.
1164.
779.
634.

198.
-221.
-931.
-437.

4 0.
88.
-303.
-543.

16.8
-1 8. 0
-80.0
-56. 1

3.4
8.2
-28.0
-46.2

5292.
5352.
5446.
5560.

228.
242.
388.
469.

308.
215.
234.
324.

4.4
4.6
7.2
8.6

6.2
4.2
4.5
6.2

713.
749.
919.
1014.

383.
154.
951.
442.

-510.
-415.
141.
380.

60.5
21.6
126.9
48. 1

-41.7
-35.7
18.1
60.0

5656.
5711.
5756.
5787.

395.
222.
182.
126.

364.
359.
310.
227.

7. 1
3.9
3.2
2. 2

6.9
6.7
5.7
4. 1

938.
722.
708.
638.

-271.
-610.
-53.
-242.

225.
-27.
-211.
-376.

-26.7
-65.0
-7.3
-34. 1

31.6
-3.6
-23.0
-37.1

1969-Q1... -.1
-Q2... • - 1
-Q3...
-Q4. . . --I

58115836.
5842.
5751.

97.
9 9.
25.
-355.

155.
125.
86.
-36.

1.7
1.7
0. 4
-6. 1

2.7
2.2
1.5
-0.6

675.
648.
469.
306.

159.
-100.
-471.
-383.

-264.
-74.
-240.
-332.

24.9
-14.9
-72.7
-81.7

-28.1
-10.2
-33.8
-52.0

19 7 0 - Q 1. .. ••1
-Q2... .-1
~ Q 3 - --Q4...

5704.
5663.
5643.
5623.

-185.
-161.
-80.
-83.

-107.
-172.
-199.
-129.

-3.2
-2.8
-1.4
-1.5

-1.8
-3.0
-3.4
-2.2

294.
282.
337.
368.

-45.
-46.
290.
144.

-380.
'366.
-132.
62.

-14.8
-15. 7
102.9
42.8

-56.4
-56. 5
-28.2
20.1

1971-Q1... ..1
-Q2...
-Q4... -.1

5576.
5561.
5571.
5572.

-184.
-58.
37.
6.

-128.
-102.
-73.
-51.

-3.3
-1. 0
0.7
0. 1

-2.2
-1.8
-1.3
-0.9

335.
499.
589.
612.

-115.
1315.
471.
99.

41.
217.
253244.

-31.3
392.6
94.3
16.7

13.8
76.9
75.0
66.4

1972-Q1... --I
-Q2...
-Q3. . .
-Q4...

5567.
5580.
5594.
5648.

-19.
52.
57.
216.

-9.
19.
24.
76.

-0.3
0.9
1.0
3.9

-0.2
0.3
0.4
1.4

572653.
713.
833.

-145.
398.
273.
616.

237.
154.
123220.

-2 3. 7
69.6
41.7
86.4

70.9
30.9
20.9
36.0

5675.
5733.
5845.
5966.

111.
235.
461.
497.

108.
153.
251318.

2.0
4. 1
8.0
8. 5

1.9
2.7
4.5
5.6

835.
906.
1146.
1233.

11.
320.
1413.
392.

263.
253.
433.
401.

1.3
38.3
156.0
34.2

46.0
38.7
60.8
48.1

1974-Q1...
-Q2...
-Q3...
-Q4... -- 1

6032.
61196225.
6298.

272.
353434.
300.

357.
386.

BO.
3 33.

4. 6
5. 9
7. 1
4. 8

6.3
6.7
6.5
5.6

1025.
1037.
1035.
957.

-644.
46.
-9.
-276.

190.
131.
-111.
-276.

-52.2
4.5
-0 .9
-26.7

22.8
14.4
-9.7
-22.4

J
1 9 75 -Q 1...
- Q 2 --- Q 3 . .- -.1
- Q 4 --- -.1
fl
1
1976-Q1___
-Q2...
-Q3...
-Q4...

6462.
6557.
6608.
6727.

683.
384.
207.
492.

4304 38.
383.
429.

10.8
5.9
3.2
7. 5

7.1
7.2
6.2
6.8

1393.
969.
800.
1088.

3339.
-1067.
-519.
1937.'

368.
-67.
-234.
131.

348.8
-76.6
-53.6
242.0

35.9
-6.5
-22. 6
13.7

6851.
6979.
7159.
7402.

506.
530.
745.
1022.

388.
423.
551.
674.

7.5
7. 7
10.7
14.3

6.0
6.4
8.3
10.0

1323.
1366.
1730.
1778.

1290.
181.
2146.
202.

-70.
397.
930.
690.

118.5
13.7
157. 1
11.7

-5.0
40.9
116.2
63.4

1

~Q3. .

“ Q4...

1

1

1

196 7- Q1 ___ -.1
-Q2...
-Q3... ..1
-Q4... --I

1

1 9 6 8 - Q 1...
“ Q2...
-Q3...
-Q4... --I

1

1

-Q3...

1

1973-Q1... ..1
-Q2. . . --4

-Q3...

-Q4...

1

1

j

86.0

-9. 1

-3.4
-18.3
-9.9
5.2

1 9 77 -Q 1___ --I
-Q2...
-Q3...,
-Q 4 --1a
1978-Q1...
-Q2...
- Q 3 ...
-Q4... --1

7678.
8101.
8447.
6822.

1170.
1837.
1477.
1601.

828.
11221289.
1421.

15. 8
23-9
18.2
19.0

12. 1
1b. 1
18.0
19.2

2055.
2601.
2692.
2447.

1391.
3226.
381.
-855.

731.
1235.
962.
668.

78.2
157.0
14.6
-31.8

55.3
90.4
55.6
37.6

9247.
9659.
10079.
10468.

18261760.
1794.
1649.

1569.
1557.
1631.
1646.

20. 7
19.0
18.6
16. 4

20.4
19.2
19.3
18.7

2628.
2733.
3090.
2665.

810.
449.
1732.
-1380.

573.
132.
398.
219.

33.1
17.1
63.4
-44.7

27.9
5.1
14.8
8.9

1979— Q 1... - - 1
- Q 2 . .. --I
- Q 3 --- Q 4 ...

10981.
11413.
1 1822.
12146.

2210.
1829.
1725.
1354.

1734.
1754.
1743.
1678.

21. 1
1b .7
15. 1
11. 4

18.8
18.2
17.3
16.0

3170.
2959.
2808.
2614.

2665.
-763.
-558.
-700.

542.
225.
-282.
-51.

100.0
-24. 1
-18.8
-24. 9

20.6
8.2
-9.1
-1.9

124b 1.
12605.
12687.
12816.

1308.
585.
334.
524.

1479.
1192.
866.
670.

10.8
4.7
2.7
4. 1

13.5
10.4
7.3
5.5

2445.
1837.
1109.
1520.

-614.
-1666.
-1593.
2805.

-725.
-1122.
-1700.
-1094.

-2 3. 5
-68. 1
-86.7
253.0

-22.9
-37.9
-60.5
-41.9

i

I

1980-Q1...
-Q2...
-Q3...
- Q 4 ... --I

i







30

TABLE 2 3 1 . JQ

LIFE INSURANCE COMPANIES
FARM MORTGAGES ACQUIRED
FOUR-QUARTER MOVING TOTAL

TEAR
ENDING—

1
1 MILLIONS |
OF
|
1
1 DOLLARS |
1

CHANGE FROM
PREVIOUS YEAR
MILLIONS
OF

PERCENT

|
i

AS

PERCENTAGE

OF

OUTSTANDING

| MORTGAGES*

COMMITMENTS*

DOLLARS

19 60 -Q 1.....,J
-Q2..... |
- Q 3 ..... |
-Q 4..... |

495.
472.
4o3.
467.

28.
-29.
-42.
-3b.

6.0
-5.8
-8.3
-7.2

18.
17.
16.
16.

574.
585.
597.
625.

1961-Q1.....
- Q 2 .....
- Q 3 .....
-Q<*.....

1
|
J
|

470.
506.
52y.
555.

-25.
34.
66.
88.

-5.1
7.2
14.3
18.8

16.
17.
18.
18.

639.
664.
668.
651.

1962-Q1.....
- Q 2 .....
" Q 3 .....
- Q 4 .....

|
|
|
1

590.
598.
611.
619.

120.
92.
82.
64.

25.5
18.2
15.5
11.5

19.
19.
19.
19.

647.
628.
617.
610.

1963-Q1.....
- Q 2 .....
- Q 3 .....
- Q 4 .....

|
|
|
|

662.
733.
817.
8b6.

72.
135.
206.
247.

12.2
22-6
33.7
39.9

20.
22.
24.
24.

623. *
639.
662.
655.

1964-Q1.....
- Q 2 .....
- Q 3 .....
- Q 4 .....

|
|
|
|

956.
1002.
1001.
1047.

294.
269.
18*.
181.

44.4
36.7
22.5
20.9

26.
27.
26.
26.

636.
6 1o.
576.
549.

19 6 5 - Q 1.....
- Q 2 .....
- Q 3 . .•
- Q 4 .....

|
(
|
(

1105.
1126.
1124.
1149.

149.
124.
123.
102.

15.6
12.4
12.3
9.7

27.
26.
26.
26.

548.
537.
520.
515.

19 66-Q1.....
- Q 2 .....
- Q 3 .....
- Q 4 .....

|
|
|
|

1155.
1183.
1126.
994.

50.
57.
2.
-155.

4.5
5.1
0.2
-13.5

25.
25.
23.
20.

497.
476.
454.
425.

19 67 -Q 1.....
- Q 2 .....
- Q 3 .....
- Q 4 .....

I
|
|
|

825.
708.
736.
837.

-330.
-475.
-390.
-157.

-28.6
-40. 2
-34.6
-1 5. 8

16.
14.
14.
16.

391.
389.
417.
453.

19 68 -Q 1..... |
- Q 2 ..... |
- Q 3 ..... (
- Q 1*.....

897.
89 2.
856.
772.

72.
184.
120.
-65.

8.7
26.0
16.3
-7.8

17.
16.
15.
14.

456.
427.
396.
376.

19 6 9 - Q 1 .....
- Q 2 ..... |
- Q 3 .....
- Q 4 ..... ,(

689.
667.
625.
540.

-208.
-225.
-231.
-232.

-23.2
-25. 2
-27.0
-30.1

12.
1211.
9.

355.
353353.
300.

1970-Q1..... .(
-Q 2..... .|
- Q 3 ..... .|
- Q 4 ..... ,|

424.
324.
296.
314.

-265.
-343.
-329.
-226.

-38. 5
-51.4
-52.6
-41.9

7.
6.
5.
6.

235.
185.
168.
188.

1971-Q1.....
- Q 2 ..... ,|
- Q 3 ......|
- Q 4 ..... ,|

326.
385.
444.
503.

-98.
61.
148.
189.

-23.1
18.8
50.0
60.2

6.
7.
8.
9.

213.
258.
290.
303.

1972-Q1..... ,|
- Q 2 ..... |
- Q 3 ..... ,|
- Q 4 ..... ,|

570.
612.
640.
700.

244.
227.
196.
197.

74.8
59.0
44.1
39.2

10.
11.
11.
13.

299.
273.
247.
239.

19 73 -Q 1..... .|
- Q 2 ..... |
- Q 3 ..... .|
-Q«*..... |

764.
832.
924.
1006.

194.
220.
284.
306.

34.0
35.9
43.7

14.
15.
16.
18.

242.
243.
242.
240.

1974-Q1..... ,|
- Q 2 ..... ,J
- Q 3 ..... |
- Q 4 ..... ,|

1060.
1097.
1074.
1007.

296.
265.
150.
1.

38.7
31.9
16.2
0.1

18.
19.
18.
17.

235.
228.
205.
179.

19 75-Q1..... |
- Q 2 ..... ,(
- Q 3 ..... .|
- Q * ..... ,|

1093.
1079.
1025.
1075.

33.
-18.
-49.
68.

3.1
-1.6
-4.6
6.8

18.
17.
16.
17.

185.
187.
198.
230.

19 70 -Q 1..... ,|
- Q 2 ..... |
- Q 3 ..... |
- Q 4 ..... 1

1064.
1178.
1375.
1540.

-29.
99.
350.
465.

-2.7
9.2
34. 1
43.3

16.
18.
20.
22.

242.
265295.
316.

19 77-Q1.....
- Q 2 .....
- Q 3 .....
- Q 4 .....

|
|
|
|

1737.
2101.
2299.
2460.

673.
923.
924.
920.

63.3
78.4
67.2
59.7

24.
29.
30.
31.

368.
392.
383.

1978-Q1.....
- Q 2 .....
- 0 3 .....
- Q 4 .....

|
|
|
|

2603.
2654.
2729.
2748.

866.
553.
430.
288.

49.9
26.3
18.7
1 1.7

31.

19 79 -Q 1.....
- Q 2 .....
- Q 3 .....
- Q 4 .....

|
I
i
|

2896.
2975.
2911.
2879.

293.
321.
182.
131.

11.3
12. 1
6.7
4.8

1980-Q1.....
- Q * .....
- 0 3 .....
-0 4 .....

|
|
1
(

2663.
2330.
1980.
1762.

-233.
-645.
-931.
-1117.

-8.0
-21.7
-32.0
-38.8

44.4

340.

374.

31.

353.

30.
29.

340.
330.

29.

334.
341.
327.
315.

29.
*7.
26.
23.

19.
16.
14.

285.
262.
262.
270.

* AVERAGE A M C U N i O U T S TA ND IN G DURING THE PRECEDING FOUR QUARTERS

(AVERAGE O F FND - C F - Q U A R I E E

DA.A).

31

TABLE 2 3 2 . 1Q
L I F E INSURANCE COMPANIES
FABM MORTGAGE COMMITMENTS— OUTSTANDING AMO MEN
OUTSTANDING

|
I
1
1
i
1960— Q 1..... |
..... 1
- Q J ..... 1
“ Q4..... 1

NEW FARM MORTGAGE CO MM IT ME NT S

FARM MORTGAGE COMMITMENTS
FROM PREVIOUS

QUARTER

END OF
QUARTER

1961-Q1..... |
- Q 2 ---- -|
-Q 3..... |
- Q 4 ..... 1
i
1962-Q1..... I
- Q 2 ..... |
- Q 3 ..... 1
-Q 4 ..... 1
i
1963-Q1..... |
- Q 2 ..... |
- Q 3 ..... |
-Q<*..... 1
1
1964-Q1..... |
- Q 2 ..... |
- Q 3 ..... 1
- Q 4 ..... 1
1
19 65-Q1..... 1
- Q 2 ..... |
- Q 3 ..... 1
- Q 4 ..... 1

CHANGE FROM PREVIOUS
_
QUARTER
YEAR

QUARTER

|

YEAR

|

1
HADE IN | CH AN GE FROM PBBVIOUSI
QUARTER jI
___
1
YEAR
|
1I QUARTER

FROM PREV IO US
QU AR TE R

YEAR

69.
69.
72.
89.

-25.
-5.
8.
17.

-22.
-13.
-11.
-5.

-26.6
-7.2
12-5
23.6

-24.2
-16.9
-13.3
-5.3

|
J
J
|

89.
73.
69.
98.

-7.
-16.
-4.
29.

-10.
-3.
-12.
2.

-7.3
-18.0
-5.5
42.0

-10. 1
-3.9
-14.8
2.1

60.
76.
96.
113.

-9.
-4.
20.
17.

11.
12.
24.
24.

-10. 1
-5 .0
26.3
17.7

15.9
18.8
33.3
27.0

|
|
|
|

105.
97.
99.
116.

7.
-8.
2.
17.

16.
24.
30.
18.

7.1
-7.6
2. 1
17.2

18.0
32.9
43.5
18.4

96.
91.
106.
132.

-17.
-5.
15.
26.

16.
15.
10.
19.

-15. 0
-5.2
16.5
24. 5

20.0
19.7
10.4
16.8

|
|
|
|

119.
101.
106.
133-

3.
-18.
5.
27.

14.
4.
7.
17.

2.6
-15. 1
5.0
25.5

13.3
4.1
7. 1
14.7

130.
126.
191.
204.

-2.
-4.
15.
63.

34.
35.
35.
72-

-1.5
-3. 1
11.9
44.7

35.4
38.5
33.0
54.5

|
|
|
|

162.
153.
135.
208.

29.
-9.
-18.
73.

43.
52.
29.
75.

21.8
-5 .6
-11.8
54. 1

36.1
51.5
27.4
56.4

180.
170.
209247.

-24.
-10.
39.
38.

50.
44.
68.
43.

-11.8
-5.6
22-9
18.2

38.5
34.9
48.2
21. 1

|
|
|
|

200.
183.
196.
212.

-8.
-17.
13.
16.

38.
30.
61.
4.

-3.8
- 8 .5
7. 1
8.2

23.5
19.6
45.2
1.9

213.
195.
237.
2 84.

-34.
-18.
42.
47.

33.
25.
28.
37.

-13.8
-8 .5
21. 5
19.8

18.3
14.7
13.4
15.0

J
|
1
|

227.
180.
185.
252.

15.
-47.
5.
67.

27.
-3.
-11.
40.

7.1
-20.7
2.8
36.2

13.5
-1.6
-5.6
18-9

19 66 -Q 1..... |
- Q 2 ..... |
— Q3 .....]
- Q * ..... 1
1
1967-Q1.____ |
~ Q 2 ..... |
- Q 3 ..... |
- Q 4 ..... J

278.
194.
180.
192.

-6.
-84.
-14.
12.

65.
-1.
-57.
-92.

-2. 1
-30.2
-7.2
6.7

30.5
-0.5
-24.1
-32.4

|
|
|
1

264.
149.
96.
107.

12.
-115.
-53.
11.

37.
-31.
-89.
-145.

4.8
-43.6
-35.6
11.5

16.3
-17.2
-48.1
-57.5

162.
172.
213.
240.

-30.
10.
41.
27-

-116.
-22.
33.
48.

-15.6
6.2
23.8
12. 7

-41.7
-11.3
18.3
25.0

|
J
|
|

131.
148.
163.
219.

24.
17.
15.
56.

-133.
-1.
67.
112.

22.4
13.0
10. 1
34.4

-50.4
-0 .7
69.8
104.7

1968-Q1..... |
~ Q 2 ..... |
- Q 3 ..... |
-Q 4..... 1

210.
202.
170.
194.

-30.
-8.
-32.
24.

48.
30.
-43.
-46.

-12.5
-3.8
-15. 8
14. 1

29.6
17.4
-20.2
-19.2

|
|
|
|

170.
129.
95.
151.

-49.
-41.
-34.
56.

39-19.
-68.
-68.

-2 2 . 4
-24.1
- 2 6. 4
58.9

29.8
-12.8
-41.7
-31.1

19 69 -Q 1..... |
- Q 2 ..... |
- Q 3 ..... 1
- Q 4 ..... 1

190.
154.
182.
196.

-4.
-36.
28.
14.

-20.
-48.
12.
2.

-2. 1
-18.9
18.2
7. 7

-9.5
- 2 3. 8
7.1
1.0

J
|
|
|

164.
122.
109.
85.

13.
-42.
-13.
-24.

-6.
-7.
14.
-66.

8.6
-25.6
-10.7
- 2 2. 0

-3.5
-5.4
14.7
-43.7

19 70 -Q 1..... |
- Q 2 ..... |
- Q 3 ..... |
- Q 1*..... 1
i
1971-Q1..... |
- Q 2 ..... |
- Q 3 ..... |
- Q 4 ..... |

168.
157.
148.
139.

-28.
-11.
-9.
-9.

-22.
3.
-34.
-57.

-14.3
-6.5
-5.7
-6. 1

-11.6
1.9
-18.7
-29.1

|
J
|
J

52.
75.
50.
94.

-33.
23.
-25.
44.

-112.
- ,J,7«
-59.
9.

-3 8 . 8
44.2
-33.3
88.0

-68.3
-38.5
-54.1
10.6

154.
171.
199.
239.

15.
17.
28.
40.

-14.
14.
51.
100.

10.8
1 1.0
16.4
20. 1

-8.3
8.9
34.5
71.9

|
|
|
|

110.
141.
134.
178.

16.
31.
-7.
44.

58.
66.
84.
84.

17.0
28.2
-5.0
32.8

111.5
88.0
168.0
89.4

19 72-Q1..... |
- 3 2 ..... |
- 3 3 ..... l
- Q 4 ..... 1

287.
313.
335.
329.

48.
26.
22.
-6.

133.
142.
136.
90.

20. 1
9. 1
7. 0
-1 .8

86.4
83.0
68.3
37.7

|
J
|
1

195.
207.
166.
208.

17.
12.
-41.
42.

85.
66.
32.
30.

9.6
6.2
-19.8
25.3

77.3
46.8
23-9
16.9

1973-Q1..... |
- 3 2 ..... |
- Q 3 ..... |
- Q 4 ..... |

394.
467.
484.
456.

65.
73.
17.
-28.

107.
154.
149.
127.

19.8
18. 5
3.6
-5.8

37.3
49.2
44.5
38.6

|
|
|
|

258.
326.
267.
238.

50.
68.
-59.
-29.

63.
119.
101.
30.

24.0
26.4
-18.1
-10. 9

32.3
57.5
60.8
14.4

1974-Q1_____ |
- Q 2 ..... |
- Q 3 ..... |
- Q 4 ..... 1

520.
64 0.
636.
570.

64.
120.
-4.
-66.

126.
173.
152114.

14.0
23. 1
-0.6
-10.4

32.0
37.0
31.4
25.0

|
|
|
|

304.
419.
215.
130.

66.
115.
-204.
-85.

46.
93.
-52.
-108.

27.7
37.8
-48.7
-39.5

17.8
28.5
-19. 5
-45.4

19 75 -Q 1..... |
-Q 2 ----- 1
- Q 3 ..... |
-Q 4..... 1

466.
399.
438.
459.

-104.
-67.
39.
21.

-54.
-241.
-198.
-111.

-18.2
-14. 4
9.8
4.8

-10.4
-37.7
-31.1
-19.5

|
|
|
|

250.
164.
236.
289.

120.
-86.
72.
53.

-54.
-255.
21.
159.

92.3
-34.4
43.9
22.5

-17.8
-60.9
9.8
122.3

1976-Q1..... 1
- 3 2 ..... |
- 3 3 ..... |
- 3 * ..... 1

479.
490.
520.
553.

20.
1130.
33.

13.
91.
82.
94.

4. 4
2. 3
6. 1
6-3

2.8
22.8
18.7
20.5

|
|
1
|

329.
364.
320.
453.

40.
35.
-44.
133.

79.
200.
84.
164.

13.8
10.6
-12.1
41.6

31.6
122.0
35.6
56.7

1977-Q1..... |
-3 2..... |
- 3 3 ..... |
- 3 9 ..... 1

603.
671.
745.
768.

50.
68.
' 74.
23.

124.
181.
225.
215.

9. 0
11.3
11.0
3. 1

25.9
36.9
43.3
38.9

|
|
J
|

592.
674.
558.
612.

139.
82.
-116.
54.

263.
310.
238.
159.

30.7
13.9
-1 7. 2
9.7

79.9
85.2
74.4
35.1

1978-Q1..... |
- 3 2 ..... 1
- 3 3 ..... |
-3 « ..... 1

827.
869.
862.
912.

59.
42.
-7.
50.

224.
198.
117.
144.

7. 7
I. 1
-0.8
/ 5.8

37.1
^9 . J
15.7
18.8

|
J
|
|

738717.
552.
597.

126.
-21.
-165.
45.

146.
43.
-6.
-15.

20.6
-2.8
-23.0
8.2

24.7
6.4
-1.1
-2.5

1 9 79 -Q 1_____ |
- 3 2 ..... |
- 3 3 ..... |
- 3 9 ..... t

850.
942.
948.
996.

-62.
92.
6.
48.

23.
73.
86.
84.

-6.8
10.8
0.6
5. 1

2.8
8.4
10.0
9.2

|
|
|
|

803.
784.
559.
571.

206.
-19.
-225.
12.

65.
67.
7.
-26.

34.5
-2 .4
- 2 8. 7
2. 1

8.8
9.3
1.3
-4.4

19 80-Q1..... |
-3 2 ..... |
- 3 3 ..... |
-3 9 ..... i

665.
415.
536.
587.

-331.
-250.
121.
51.

-185.
-527.
-412.
-409.

-33.2
-37.6
29. 2
9.5

-21.8
-55.9
-43.5
-41.1

|
|
|
|

374.
124.
323.
412.

-197.
-250.
199.
89.

-429.
-660.
-236.
-159.

-34.5
-66.8
160.5
27.6

-53.4
-84.2
-42.2
-27.8

V

1




32
TABLE 232.2Q

1
1
1
QUARTER
|
1
1
1
1
1
19 60 -Q 1..... |
- Q 2 ..... |
- Q 3 ----- 1
- Q 4 ..... i
1
1 9 b1 -Q 1..... J
- Q 2 ..... |
- Q 3 ..... |
-Q 4..... |
i
1962— Q 1..... |
- C 2 ..... |
- Q 3 ..... |
- Q 4 ..... 1

LIFE IN SURANCE COMP AN IE S
FARM MO RT GA GE C O M M I T M E N T S — O U TS TA ND IN G AMO MEM
SE AS ON AL LY -A DJ US TE D DATA
NEN FARM MO RT GA GE CO MM IT ME NT S

O U TS TA ND IN G FARM MORTGAGE COMMIT RENTS
|
|

MILL IO NS OF DOLLARS

1 C H AN GE FROM PREVIOUS
END OF
|
|
YEAR
QU ARTER | QUARTER
(SAAR)
1
i

P E RC EN TA GE CH AN GE
FROM PREVIOUS
QUARTER
(SAAR)

YEAR

MILLIONS OF DOLLARS
MADE IN
QUARTER
(SAAR)
_ _

J
|
| C H AN GE FROM PREVIOUS
|
|
| QUARTER
YEAR
1

P E RC EN TA GE CHANG!
FROM PREV IO US
QU AR TE R

YEAR

71.
73.
73.
/6.

-31.
9.
-2.
15.

-23.
-15.
-11.
-4.

-38.7
12.0
-2.6
21- 1

-24.3
-17.4
-13.5
-5.1

318.
316.
312.
363.

-36.
-2.
-4.
51.

-35.
-20.
-55.
9.

-10.3
-0.6
-1.3
16.2

-10.0
-6.0
-15.0
2.4

82.
87.
97.
97.

26.
19.
52.
-1.

11.
13.
25.
21.

33. 8
23.4
60. 1
-0.9

15.3
18.1
33.7
27.2

377.
416.
454.
429.

14.
39.
39.
-26.

59.
100.
142.
66.

3.8
10.4
9.3
-5.6

18.4
31.5
45.5
18.1

98.
109.
108.
114.

3.
25.
19.
29.

16.
17.
11.
17.

3. 3
26. 0
18.5
21.9

19.3
19.9
11.2
17. 1

427.
432.
501.
492.

-1.
5.
69.
-9.

50.
17.
47.
63.

-0.3
1.2
15.9
-1.8

13.4
4.0
10.3
14.8

1963-Q1..... |
~Q 2..... |
- Q 3 ..... |
- Q 4 ..... 1
1
1964— Q 1..... |
- Q 2 ..... i
- Q 3 ..... |
- Q 4 ..... 1

132199.
145.
177.

93.
55.
4.
177.

34.
40.
37.
63.

81.5
41.3
2. 9
122.0

34.8
38.8
33.9
55.6

577.
645.
640.
762.

85.
67.
-4.
121.

150.
212139.
270.

17.3
11.7
-0 .7
19.0

35.1
49.1
27.7
54.8

183.
195.
217.
216.

24.
53.
102.
-0.

5151.
71.
39.

13.5
29. 1
52-3
-0. 1

38.4
35.3
49.2
22.2

707.
786.
949.
763.

-55.
79.
163.
-186.

130.
142.
309.
1.

-7.2
11.2
20.7
-19. 6

22.5
22.0
48.2
0.2

1965-Q1..... |
-Q 2 ..... 1
- Q 3 ..... |
- Q 4 ..... 1

217.
223.
296.
252.

3.
24.
108.
27.

34.
28.
30.
36.

1.3
11.0
48.6
10. 8

18.8
14.3
13.6
16.6

801.
776.
908.
909.

38.
-26.
133.
0.

94.
-10.
-41.
146.

5.0
- 3 .2
17. 1
0.0

13.3
- 1 .3
-4.3
19.1

19 66-Q1..... |
- Q 2 ..... |
- Q 3 ..... |
-Q 4 ..... 1
1
1967-Q1..... |
-Q 2 ..... 1
~ Q 3 ..... |
- Q 4 ..... 1
1
1968-Q1..... |
-Q 2 ..... 1
-Q 3 ---- ,|
- Q 4 ..... I
i
1 9 69 -Q 1..... |
- Q 2 ..... |
- 0 3 ..... I
- Q 4 ..... I

285.
220.
186.
179.

156.
-183.
-108.
-45.

68.
-3.
-60.
-79.

61.9
-64.2
-4 8.9
-24. 1

31. 1
-1.2
-24. 3
-31.2

937638.
466.
383.

28.
-299-173-82.

136.
-137.
-443.
-525.

3. 1
-31.9
-27. 1
-1 7 . 6

16.9
-17.7
-48. 8
-57.8

166.
192.
219.
222.

-29.
131.
132.
14.

-119.
-28.
33.
49.

-16. 7
78.8
68.6
6.6

-41.7
-12.8
17.5
27.9

469.
640.
779.
779.

85.
171.
139.
-0.

-468.
2.
313.
395.

22.2
36.6
21.7
-0 .0

-50.0
0.3
67.3
103.0

214.
221.
173.
184.

-30.
28.
-138.
48.

48.
29.
-45-38.

-13.3
13.0
-62.2
27. 5

29.2
15.2
-20.7
-17.1

624.
536.
458.
538.

-155.
-88.
-78.
80.

155.
-104.
-321.
-241.

-19. 9
-14.1
-14.6
17.4

33.1
-16.3
-41. 2
-3 1. 0

193.
164.
184.
191.

38.
-91.
93.
32.

-22.
-57.
11.
7.

20.4
-47.2
56.5
17.2

-10.0
-25.6
6. 1
3.9

620.
488.
504.
315.

83.
-132.
16.
-190.

-3.
-48.
47.
-223.

15.4
-2 1 . 3
3.3
-37. 6

-0 .5
-8.9
10.2
-41.4

1970— Q 1..... |
- 0 2 ..... 1
-Q 3----- |
-Q 4 ..... |
1
1971-Q1..... |
-Q2----- 1
- 0 3 ..... |
- 0 9 ..... |

170.
164.
196.
139.

-73.
-21.
-55.
-32.

-23.
-0.
-36.
-52.

-38.2
-12.5
-33.8
-21. 4

-12.1
-0.2
-19. 5
-27.2

196.
304.
239.
346.

-119.
108.
-65107.

-424.
-184.
-265.
31.

-3 7 . 7
54.9
-21.3
44.7

-68. 4
-37.7
-52.6
10.0

155175.
197.
295.

75.
93.
108.
276.

-14.
10.
49.
106.

53.5
60.2
62. 0
140. 0

-8.5
6.4
33.0
75.8

407.
528.
628.
705.

61.
120.
101.
77.

211.
224.
389.
359.

17.6
29.5
19. 1
12.2

107.6
73.6
162.7
103.7

1972-Ql..... |
- 0 2 ..... 1
-Q 3 ..... |
- 0 4 ..... 1

289.
315.
329.
392.

230.
11959.
54.

134.
141.
132.
97.

93.8
41.2
18.8
16.4

86.4
80.6
67.1
39.5

722.
767.
754.
853.

17.
46.
-13.
99.

315.
240.
126.
148.

2.4
6.3
-1.7
13. 1

77.2
45.5
20.1
21.0

1973-Q1..... |
-0 2 ..... |
- 0 3 ..... |
- Q 4 ..... 1

398.
966.
979.
976.

268.
345.
33.
11.

109.
150.
145.
134.

84. 4
86.5
7.2
2.2

j7. 7
47.7
43-9
39.3

975.
1249.
1181.
1022.

122.
274.
-67.
-160.

253.
481.
427.
169.

14.3
28. 1
-5.4
-13.5

35.1
62.7
56.6
19.8

1974-Q1..... |
- Q 2 ..... |
- 0 3 ..... |
-Q 4 ..... |

528639.
622.
592.

240.
605.
-62.
-113.

129.
173.
149.
116.

50.4
114.7
-9.8
-18.2

32.4
37.2
31.4
24.3

1094.
1555.
945.
564.

73.
460.
-609.
-381.

120.
306.
-236.
-458.

7. 1
42. 1
-39.2
-40.3

12.3
24.5
-20.0
-44.8

19 75-Q1..... |
- 0 2 ..... |
- Q 3 ..... J
- Q 4 ..... |

473.
399.
930.
470.

-350.
-239.
139.
187.

-54.
-240.
-193.
-122.

-59.2
-49.5
34.9
43.5

-10.3
-37.5
-30.9
-20.5

902.
620.
1042.
1255.

338.
-282.
422.
213.

-192.
-934.
97.
691.

60.0
-31.2
67.9
20.4

-17.6
-60. 1
10.3
122.6

1976-Q1..... |
- Q 2 ..... |
- 0 3 ..... |
- 0 4 ..... |

986.
995.
519.
557.

6539.
80.
192.

13.
96.
84.
86.

13.a
7. 9
16. 1
3 7.4

2.7
24.2
19.6
18.3

1199.
1381.
1429.
1892.

-56.
182.
48.
464.

297.
761.
387.
637.

-4.5
15.2
3.4
32.5

32.9
122.6
37. 1
50.8

1977-Q1..... |
-0 2 ..... 1
- 0 3 ..... |
- Q 4 ..... 1
1
1978-Q1..... |
- 0 2 ..... |
-03....
— Q4..... 1
1
19 79 -Q 1..... |
- 0 2 ..... |
-0 3 ..... |
-Q4..... 1

611.
666.
791.
762.

251.
361.
245.
90.

125.
191.
227.
205.

45. 1
59. 1
35.8
12. 1

25.7
38.5
44. 1
36.9

2151.
2611.
2508.
2460.

258.
460.
-103.
-47.

952.
1230.
1079.
568.

13.6
21.4
-3.9
-1.9

79.4
89.0
75.5
30.0

838.
900.
859.
899.

353.
276.
-151.
146.

227.
214.
119.
132.

46. 3
32-9
-16. 8
17.0

37.2
31. 1
16.0
17.3

2684.
2920.
2516.
2314.

224.
235.
-403.
-202.

534.
309.
8.
- 14b.

9. 1
8.8
-1 3. 8
-8.0

24.8
11.8
0.3
-5.9

862.
982.
949.
969.

-119.
590.
-144.
104.

24.
82.
85.
75.

-13.3
68.4
-14.7
11.0

2.9
9.2
9.9
8.4

2959.
3117.
2532.
2182.

645.
156.
-585.
-350.

275.
198.
16.
-132.

27.9
5.3
-18.8
-13.8

10.2
t>.6
0.6
-5.7

674.
939.
539.
569.

-792.
-558.
555.
156.

-188.
-548.
-411.
-400.

-7o. b
-82. 8
127.9
29.2

-2 1 . a
-55.8
-43.5
-41.3

1359.
532.
1442.
1552.

-823.
-827.
9 1J.
110.

-1600.
-2585.
-1090.
-630.

-37.7
-60.9
171. 1
7.6

-54. 1
-82.9
-43.0
-28.9

1980-Q1..... |
- Q 2 ..... |
- 0 3 ..... |
— Q 4 ..... |
l




33

fABLE 2 3 2 . 3Q
LIFE INSU BA NC E COMPANIES
MBH FABH MORTGAGE COMMITMENTS
FO UR-QUARTER MOVING TOTAL
|
CHANGE PBON
1
PREVIOUS YEAR
I MILLIONS !
|
OF
|.
| DOLLARS | MILLIONS
OF
PEBCENI
1
i
1
DOLLABS
____
1
i
-14.
19 60 -Q 1. ...«.!
342.
-3.9
339.
-20.
-5.6
• Q 2 « •« * - *
327.
- Q 3 -----l
-33.
-9.2
-23.
-6.5
-Q B ----.<
329.

I EAR
EN DI NG—

AS PERCENTAGE OF
1
1.
OUTSTANDING
11
1
*
... 1I MORTGAGES
1.
COMMITMENTS* || ACgUIBBD
1 MORTGAGES*
1
........ ...... Ji..........

.......

TAKEDOWNS
Of
CO MMITMENTS

12.
12.
11.
1 1.

397.
420.
422.
440.

69.
72.
71.
70.

101.
104.
103.
105.

1961-Ql.---- |
- Q 2 ..... j
“ 0 3 ..... 1

345.
369.
399.
417.

3.
30.
72.
88.

0.9
8.8
22.0
26.7

12.
12.
13.
14.

469.
484.
503.
489.

73.
73.
75.
75.

110.
111.
115.
116.

19 62 -Q 1..... |
- Q 2 ..... |
- 0 3 ..... |
~Q4..... J

431.
435.
442.
459.

86.
66.
43.
42.

24.9
17.9
10.8
10.1

14.
14.
14.
14.

472.
457.
446.
452.

73.
73.
72.
74.

114.
113.
114.
115.

19 63 -Q 1. . . . • |
-02.....i
- 0 3 ..... |
- Q 4 ..... 1

502.
554.
583.
658.

71.
119.
141.
199.

16.5
27.4
31.9
43.4

15.
16.
17.
19.

472.
4 83.
472.
496.

76.
76.
71.
76.

121.
120.
119.
126.

1964-Q1..... |
- 0 2 ..... i
- 0 3 ..... 1
-0**..... 1

696.
726.
787.
791.

194.
172.
2 04.
133.

38.6
31.0
35.0
20.2

19.
19.
20.
20.

463.
44b.
453.
415.

73.
72.
79.
76.

118.
116.
120.
115.

19 65 -Q 1..... |
- 0 2 ..... i
- 0 3 ..... i
-*Q4..... J

818.
815.
804.
844.

122.
89.
17.
53.

17.5
12.3
2.2
6.7

20.
19.
18.
19.

406.
389.
372.
378.

74.
72.
72.
73.

114.
113.
113,
1 14.

1966-01..... |
- 0 2 ..... 1
- 0 3 ..... 1
-0 9..... i

881.
850.
761.
616.

63.
35.
-43.
-228.

7.7
4.3
-5.3
-27.0

19.
18.
15.
12.

379.
342.
307.
263.

76.
72.
68.
62.

118.
109.
102.
96.

1967-01..... i
•'02. . . . » i
-Q 3 ..... 1
- 0 9 ..... 1
1
1968-Q1..... |
- 0 2 ..... 1
~ Q 3 ----.1
- 0 9 . ....I

483.
482.
549.
661.

-398.
-368.
-212.
45.

-45.2
-43.3
-27.9
7. J

9.
9.
10.
12.

229.
265.
311.
358.

59.
68.
75.
79.

89.
105.
116.
116.

700.
681.
613.
545.

217.
199.
64.
-116.

■4 4 . 9

4 1.3
1 1.7
-17.5

13.
12.
11.
10.

356.
326.
283.
265.

78.
76.
72.
71.

1 16.
114.
103.
103.

1969-Q1.....I
- 0 3 ..... |
-09.....|

539.
532.
546.
480.

-161.
-149.
-67.
-bb,

-23.0
-21-9
-10.9
-11.9

9.
9.
9.
8.

278.
281.
308.
267.

78.
80.
87.
89.

109.
105.
117.
115.

19 70 -Q 1..... 1
- 0 2 ..... 1
— 03 » « .• • 1
“Q4
i

368.
321.
262.
271.

171.
-211-284.
-209.

-31.7
-39.7
-52.0
-43.5

6.
6.
5.
5.

204.
183.
149.
162.

87.
99.
89.
86.

107.
118105.
106.

1971'-^1.....|
*02..... 1
- 0 3 ..... 1
-09.....|

329.
395.
479.
563.

-J9.
74,
217.
292.

-10.6
23. 1
82.8

6.
7.
9.
10.

215.
264.
313.
340.

101.
103.
108.
112.

126.
130.
136.
140.

1972-Q1..... j
- Q 2 ..... I
-03...
-CM..... 1
1
*973-01.....!
-02..*..|
—Q 3 « |
-Q9.....!

648.
714.
746.
776.

319.
319*
267.
213.

97.0
80.8
55.7
37.8

12.
13.
13.
14.

340.
319.
287.
264.

1 14.
117.
117.
111.

145.
144.
142.
130.

839.
958.
1059.
1089.

191.
244.
3 13.
3 S3.

29.5
34.2
42.0
40.3

15.
17.
19.
19.

266.
280.
278260.

110.
115.
115.
108.

130.
135.
131.
127.

1 9 .N -Q 1..... i
02 ............. 1
-03.....|
- 0 9 . ....|

1135.
1228.
1176.
1068.

296.
270.
117.
-21.

35.3
28.2
1 1.0
-1.9

20.
21.
20.
18.

252.
255.
224.
190.

107.
112.
109.
106.

126.
134.
133.
132.

1° ?5 -Q 1..... i
-0 2..... \
- 0 3 ..... i
“ Q 9 ..... |

1014.
759.
780.
939.

-121.
-469.
-396.
-129.

-10.7
-38.2
-33.7
-12. 1

16.
12.
12.
14.

171.
131.
151201.

93.
70.
76.
87.

111.
87.
93.
104.

1976-Q1..... |
- 0 2 ..... |
- Q J ..... 1
- Q 9 ..... |

1018.
1218.
1302.
1466.

4.
459.
522.
527.

0.4
60.5
66.9
56. 1

15.
18.
19.
21.

231.
274.
279.
301.

96.
103.
95.
95.

121.
128.
125.
122.

1 9 77 -Q 1..... |
- 0 2 ..... |
-03.....1
- Q 9 ............. |

1729.
2039.
2277.
2436.

711.
821.
975.
970.

69.6
67.4
74.9
6 6 .2

24.
28.
30.
31.

339.
377.
388.
379.

100.
97.
99.
99.

123.
123.
124.
124.

1978-Q1..... |

2582.
2625.
2619.
2604.

853.
586.
342.
168.

49.3
28.7
15.0
6 .9

31.
30.
29.
26.

371.
349.
326.
313.

99.
99.
96.
95.

122.
120.
116.
115.

2669.
2736.
2743.
2717.

87.
111.
124.
113.

3.4
4 .2
4.7
4.3

27.
27.
26.
24.

308.
313.
308.
298.

92.
92.
94.
94.

110.
113.

22 88.

-381.
-1108.
-1351.
-1484.

-14.3
-40.5
-49.3
-54.6

20.

245.
183.
184.
189.

86.
70.
70.
70.

105.
86.
89.
87.

.....

- 0 2 ..............|
- Q 3 . . . ••|
- 0 9 ..............|

1979-Q1...........!
- 0 2 ..............|
- 0 3 ............. 1

-Q 9

..... 1
.....
.....
.....

1 9 8 0 - Q 1 ............. |
-Q 2
|
-0 3
I
-0 9
|

1628.
1392.
1233.

1 0 7 .7

14

.
.

11
10.

114.
115.

1

• AVERAGE AMOUMT OUTSTANDING DURING THE PBECEDING FOUR QUARTERS

(AVERAGE OF EMD-OF-QUABTEH D A T A ).

"TAXBOONMS OF COMMITMENTS" ABE COMPUTED AS NEB COMMITMENTS LESS CANCELLED COMMITMENTS LESS THE CHARGE IM COMMITMENTS OUTSTANDING.







34
AGRI CU LT UR AL FI NA NC E DA TA BO OK— QUAR TE RL Y SBBIES

300

JANUARY 1981

AGRI CU LT UR AL BANKING DAIA

330

SOBVET OF TERMS OF BANK LE NDING TO FARMERS

331

ALL BA N K S .......... .......................................................35
LARGE B A NK S............................................................... 35
OTHE R B A N K S ....................................... .......... .......... ..35

AflOONT, NUMBER,

332. IQ
33 2 . 2Q
3 3 2 . 3Q

340

U.S.)

AV ER AG E EFFE CT IV E IN TE RE ST BATES

3 3 1 . IQ
3 3 1 . 2Q
33 1.3Q

332

(NON-BEAL-ESTATE LOANS,

AND AVERAGE NAT06ITY OF LOANS BADE

AflOONT...............
36
N U MB ER..................................................................... 36
AVERAGE M A T U R I T Y .......................................................... 36

FEDERAL BESEBVE BANK SU RV EY S OF AG RICOLTORAL C R ED IT CO ND IT IO NS

341

CH IC AG O

3 4 1 . IQ

FARM N O N - B E A L - E S T A T B LE ND IN G EXPERIENCE DOBING THE PRECEDING
Q U AR TE R..................................................................37
FARM NO N - R E A L - E S T A T E LOAM VOLUHE EXPECTED DURING THE CURRENT
Q U A R T E R .................................................................. 38
341.
3Q LO AN / D E P O S I T R A T I O S .......................................
39
341. 4Q
TY PICAL INTEREST BATES CH AR GE D
ON FABfl LO A N S ..............
39
3 4 1 . 5Q
TR EN DS IN FARM BEAL ESTATE VALUES
AND LOAN VO LU BE..................... 40

3 4 1 . 2Q

342

MI NN EA PO LI S

342.
1Q CU RR EN T FARM LE ND IN G EX P E R I E N C E ...................... .............. 41
3 4 2 . 2Q
EXPECTED FARM LOAN DEMAND AND REPAYMENT C O N D I T I O N S ...... ...... ..42
3 4 2 . 3Q
AVERAGE LO AN /D BP OS XT RATIO AND OTHER CO N D I T I O N S THAT REFLECT
RELATIVE CREDIT AV AI L A B I L I T Y ........................ ................ 43
34 2 . 4Q INTE RE ST RATES ON FARM LOAN S .......................................... 44
342.5Q
PAHS REAL ES TA TE LE NDING E X PE RI EN CE ....................... ...... ...45
342. 6Q
FARMERS' EARNINGS AND S P EN DI NG ................................... ....46

343

KANSAS CITY

343.
IQ CURRENT FARM N O N- BE AL -E ST AT E LENDING EX PE R I E N C E . . . . .......... ..47
3 4 3 . 2Q AVERAGE L O AN /D EP OS IT RATIO AND OTHER CO N D I T I O N S THAT REFLBCT
RE LATIVE CR ED IT AVAILABILITY. .. . .......................... .........47
343.3Q
HOST COMMON INTEREST RATES CH ARGED ON FARM L O A N S . . ............. ..48
34 3.4Q
FARM REAL ESTATE V A L U E S . . ............ ................... .............. 48

344

DALLAS

344.
IQ CU RR EN T FARM NON- RE AL -E ST AT E LENDING EX PE R I E N C E .................49
3 4 4 . 2Q FARM NON-fiEAL-BSTATE LOAN VOLUME EXPECTED DURING THE CU RR EN T
Q U A R T E R . ................. ........... .................................. 49
3 4 4 . 3Q
AVERAGE LO AN /D EP OS IT RATIO AND OTHER CO N D I T I O N S THAT REFLECT
RE LA TI VE CREDIT A V A I L A B I L I T Y ........................................ 50
3 4 4 . 4Q
MOST COMMON INTEREST RATES CHARGED ON FARM L O A N S ...................50
3 4 4 . 5Q TRENDS IN FARM REAL ESTATE VALUES AND LOAN V O LU ME ................. 51

345

BICHHONO

345.
1Q CU RR EN T FARM NON-REAL— ESTATE LENDING EX P E R I E N C E ................. 52
34 5 . 2Q FABfl NO N- RE AL -E ST AT E LOAN VOLUHE EXPECTED DURING THE CURRENT
Q U A R T E R .................................. ...................... ........ 52
34 5.3Q
AVERAGE LO AN /D EP OS IT RATIO AND OTHER CO ND IT IO NS THAT REFLECT
BE LA TI VE CREDIT A V A I L A B I L I T Y ........................................53
3 4 5 . 4Q T Y PI CA L IM TE RE ST BATES CH AR GE D ON FARM LO AN S....................... 53
345.5Q
TR EN DS IN FABfl REAL ESTATE VALUES AND LOAN VO L U H E ................. 54

DE SCRIPTION OF SU RVEY CO VE RA GE AND P R OC ED UR ES .................................. 55

35

SSRVSY OF TEBHS OF BANK LENDING TO FARMERS (NON-REAL-BST AT B LOAMS BADE DOBIMG FIRST MEEK OF BIDDLE BOMTH OF QOARTBR)
TABLE 331Q

QUARTBB

AVERAGE EFFECTIVE IMTERBST RATES*
|
1
| AVERAGE |
| EFFECTIVE 1
| IMTBBEST 1
| RATE OH 1
| ALL LOAMS | FEEDER
| (PERCENT) 1 LIVESTOCK
L _
i
1

1
1
1977-Q1.... • |
-Q2--- • |
-Q3--- .|
-Q4.... .1
1978-Q1___ .|
-Q2--- .1
-Q3---- .|
-Qtt__ - .j
i
1979-Q1___ .|
-Q2--- .1
-Q3.... •|
-Q4--- .|
1980-Q1--- .J
.(
-Q3 --- .(
.i
1
1
1
1
1
1977-Q1.... • |
-Q2--- .|
-Q3.... .1
”Q4---- • |
1
1978-Q1____ .|
-Q2--- . |
-Q3--- •|
-Q4--- .|

.1

8.8
8.7
8.7
9.1
9.2
9.3
9.6
10.4
11.0
11.2
11.3
13.6
14.1
17.4
13.5
15.5

8.3
8.1
8.4
9.4
9.3
9.6
10.4
11.7

OTHER
LIVESTOCK

OTHER
CURRENT
OPERATING
HPEMSB3

FARM
MACHINERY
AMD
BQQIPBEIT
TABLE 331.IQ

-0.3
-0.3
-0.3
-0.1

0.1
-0.6
-0.1
0.0

-0.0
0. 1
0.3
0. 1

0.3
0.7
0.3
0.1

0.0
0.1
-0.1
-0.1

-0.1
-0.2
-0.2
0.4

-0.0
-0. 1
0.0
-0. 1

0.1
0.1
0.0
-0. 1

0.1
0.0
-0.1
-0.1

0.2
0.5
-0.2
-0.7

-0. 1
0.0
0.1
0.0

-0.7
-0.6
-0.4
-0.5

0.3
0.3
-0.1
-0.0

-0.7
-0.7
0.2
-0.1

0. 1
0. 1
0. 1
-0.0

-1. 1
-0.9
-0.2
-0.3

1
1
1
1
1
1
1
1
1
1

1980-Ql...•.!
-Q2.... .1
-Q3---- •|
-Q4.... .1
1
1
1

16.0
18.5
12.8
16.3

_
OTHER

1
1
1
1
1
I
0.0
1
0.2
1
0.3
1
1
0,4
9
i
0.2
i
-0.1
i
0.2
i
0.9
i
i
0.5
i
-0.2
i
-0.3
i
0.3
i
__ L

0.4
0.8
0.3
0.0

-0.1
0.5
0.3
-0.2

0.4
0.3
-0.1
0.1

-0.1
-0.9
-0.3
0.6

-0. 1
-0.2
0.0
-0.2

0.7
-0.2
-0.6
-0.1

-0.1
0.4
0.3
0.2

i
i
i

0.3
0.1
0.1
0.0

1.0
0.7
-0.1
-0.1

-0.0
-0. 1
-0. 1
-0.4

-0.3
-0.5
-0.7
-1.5

-0.4
-0.1
0.1
0.7

i
i
i
i
i
i

0.8
1.7
0.0
0.4

-0.5
-1.3
0.0
-1.0

-0. 3
-0. 1
0.3
-0.5

-1.3
-1.8
-0. 1
-0.6

0.0
-0.4
-0.4
0.7

10 TO
24

25 TO
99

0.2
0.3
0.2
0.1

0.2
0.2
0.1
-0.0

-0.2
0. 1
0.1
-0. 1

-0.0
-0.7
-0.2
0.2

-0.5
-0.7
-0.3
0.3

0.1
0.2
0.2
-0.0

-0.0
-0.1
-0.3
-0.4

0.0
-0.1
-0.3
-0.4

0.0
-0.1
-0.1
-0. 3

0.0
0.1
0.5
0.7

0.2
0.3
0.8
1.4

-0.1
-0.1
-0.3
-0. 4

-0.7
-0.6
-0.4
-0.8

-0.6
-0.5
-0.2
-0.4

-0.5
-0.4
-0.3
-0.4

1.1
1.0
0.6
0.9

1.5
1.6
1.6
2.6

-0.6
-0.5
-0.4
-0.5

-0.6
-0.9
-0.0
-0.4

-0.6
-0.4
-0. 1
-0.4

-0.4
-0.2
0.0
-0.1

0.9
0.5
-0.0
0.4

1.8
1.1
-0.7
0.8

-0.4
-0.3
0.2
-0.2

0.4
0.5
0.5
-0.1

0.1
0.4
0.3
-0.0

-0.1
-0.2
-0.1
-0.0

0.3
0.2
0.0
-0. 1

0.2
0.0
-0.1
-0.3

-0.1
-0.1
0.0
0.1

-0. 1
-0.2
-0.1
-0.9

-0.0
-0.2
-0.2
-0.6

0.0
0.0
0.1
0.2

-0.6
-1.0
0. 1
-0.6

-0.1
-0.1
0.2
-0.3

0.1
0.1
-0.1
0.1

0.1
0. 1
0.1
0.1

0. 1
0. 1
-0.1
-0.0

-0.3
-0. 1
-0.1
-0.1

0.3
-0.4
0.3
0.1

-0.0
0.0
-0.0
-0.1

-0.0
0.0
-0.0
-0.1

0.0
-0.0
0.0
-0.0

0. 1
-0.1
0.2
0.3

-0.2
-0.2
-0.1
-0.3

-0.3
-0.2
-0.0
-0.0

-0.2
-0.2
-0.1
-0. 1

0.8
0.6
0.3
0.3

-0.3
-0.6
-0.1
-0.2

-0.3
-0.1
-0.2
-0.3

-0.2
0.0
-0.0

0.6
0.3
0.3
0.2

i
0.7
i
0.9
i
0.8
i
0.2
i
i
0.4
i
0.3
i
0.1
i
i -0.2
i
i -0.2
i -0.5
i -0.2
i -0.8
i
i -0.8
i -1.5
0.3
i
i -0.6
__ i

OTHER BANKS

8.9
8.9
8.9
9.0

-0.2
-0.2
-0. 1
-0.2

0.1
-0.4
-0.2
0.1

-0.2
-0. 1
0. 1
-0.0

0.1
0.6
0.3
0.2

0.1
0.1
-0.3
0.2

9.1
9.2
9.3
10.0

-0.2
-0.2
-0. 1
-0.2

-0. 1
0.1
-0.0
0.6

-0. 0
-0. 1
0.1
-0. 1

0.2
0.2
0.3
0.2

-0.0
0.1
0.1
-0.1

10.4
10.7
10.9
13.1

0.1
-0.0
-0.1
0.0

0.1
0.6
-0.1
-1.0

0. 1
0. 1
0.1
0. 1

-0.3
-0.4
-0. 1
-0.0

0.1
-0.4
0.1
0.2

13.7
17.1
13.7

0.2
0.3
-0.1

1 5 .3

- 0 .1

-0.4
-0.6
0.4
0.1

0.3
0.1
0.1
0.1

-0.8
-0.6
-0.3
-0.2

-0.1
-0.5
-0.1
-0.1

1

| SIZE OF BANK
1
1
i
| LARGE** OTHER
1
1

LARGE BANKS**

0.4
0.2
0.4
0.2

TABLE 331.3Q

100
AMD
OVER

1 TO
9

0.0
0.1
-0.1
0.1

-1.0
-0.9
-0.2
-0.4

1

AMOUNT OF LOAM
(THOUSANDS OF DOLLARS)

1
I
1
1
1
1

ALL BANKS

-0.3
-0.3
-0.3
-0.2

9

12.5
12.8
12.9
16.2

1978-Q1.... !
-Q2---- .|
-Q3---- .1
-Q4---- •|
1
1979-Q1.... • |
-Q2---- •|
-Q3.... .1
— Q(|_ _ _- i|
1
1980-Ql.... .1
-Q2.... .1
-Q3.....I
-Q4.... • |

PURPOSE OF LOAM

TABLE 331.2Q

1979-Q1....
-Q2---- .|
-Q3--- •|
-Q4---- .|

1
1977-Q1____ .|
-Q2....• |
-Q3.... .1
-Q4---- .|

1
1
1
1
1
1
I
1
1
|
1
1
1
1
1
1
1
1
1
1
J-

DIFFERENCE FROB AVERAGE EFFECTIVE INTEREST RATE OM ALL LOANS

1
1
|
1
1
1
|
1
1
1
1
1
1
1
|
1
1
1
1
1

0 .0

_____ L

* THE AFPROXIBATB COBPOOIDED AMIOAL INTEREST RATE OM EACH LOAM IS CALCULATED FROB SURVEY DATA OH THE STATED BATE AHD OTHER
TEBHS OF THE LOAM. IM COHPUTIMG THE AVERAGE OF THESE ESTIRATED EFFECTIVE BATES, BACH LOAM IS HSIGHTED BY ITS DOLLAB AMOUNT.
** "LABGB BABES" ABB BABES IB SURVEY STRATA 1-3, CORRESPOMDIBG APPROIIHATELY TO BANKS HITH OVER $400 BILLION IM TOTAL ASSETS
AS OF SEPTEHBER 1978.
FOR ADDITIONAL INFORMATION, SEE MOTES TO STATISTICAL RELEASE B.2. FBDBBAL RESERVE BOARD.




36

(NON- BEAL-E ST AT E LOANS MADE DURING FIRST WEEK OF MIDDLE

PURVEY OF TERMS OF BANK L E MD IN G TO FABMEBS

AMOUNT,

TABLE 332Q
|
1
|
1
| ALL LOANS 1
| FEEDER
1
1
1 LI VE ST OC K
|
|
1
1
1
1
1
1377-Q1...
114.
i
~Q2...
156.
1
-Q3...
279.
1
170.
-Q4...
1
|
1
1
1978-Q1...
168.
1
-Q2...
235.
1
-Q3...
246.
1
380.
-Q4...
1
1
19 79 -Q 1. ..
304.
1
-Q2...
268.
1
-Q3...
218.
1
- Q 4 --499.
1
1
1
1 9 8 0 -Q 1....
303.
1
-Q2-...
392.
1
203.
-Q3- — 1
- Q 4 --337.
1

PURPOSE OF LOAN

QUARTER

OTHER
LIVESTOCK

OTHEB
CURRENT
OP EB AT IN G
EXPENSES

332. 1Q

MONTH OF QUARTER)

N U H B E B , AND AVERAGE MATURITY OF LOANS MADE

FARM
MACHINERY
AND
equipment

AMOUNT OF LOANS HADE

I
!
I
OTHEB
1
1
___ 1__

AMOUNT OF LOAN
(THOUSANDS OF DOLLARS)
1 TO
9

10 TO
24

SIZE OF BANK

25 TO
99

100
AND
OVER

LARGB*

OTHER

(MILLIONS OF DOLLARS)

125.
124.
47.
85.

242.
380.
326.
233.

114.
9 1.
71.
64.

175.
171.
136.
155.

48.
86.
62.
104.

303.
359.
341.
293.

105.
83.
58.
76.

163.
208.
117.
95.

84.
128.
92.
72.

292.
426.
331.
387.

76.
112.
53.
81.

212.
123.
124.
153.

118.
67.
85.
81.

472.
452.
390.
533.

103.
67.
71.
130.

126.
233.
198.
220.

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

172.
197.
163.
146.

145.
213.
158.
137.

253.
286.
232.
197.

253.
229.
320.
2 28.

167.
218.
305.
185.

657.
707.
568.
523.

162.
186.
159.
135.

169.
175.
151.
187.

219.
256.
239.
327.

247.
379.
276.
301.

192.
316.
227.
208.

604.
679.
598.
741.

154.
201.
151.
160.

160.
181.
126.
184.

321.
324.
267.
416.

333.
351.
273.
436.

260.
246.
144.
202.

708.
812.
673.
995.

149.
164.
146.
191.

177.
168.
182.
217.

406.
303.
290.
387.

410.
577.
330.
506.

213.
271.
182.
246.

929.
940.
766.
1056.

3.
4.
4.
3.

63.
73.
61.
51.

4.
4.
3.
3.

61.
66.
60.
55.

3.
4.
3.
3.

59.
70.
56.
6 3.

3.
4.
3.
3.

61.
61.
57.
69.

5. 1
6 .1
5 .6
5 .8

12.4
8 .9
7 .9
1 0 .6

6 .7
10. 1
4 .4
5 .2

1 1 .0
8 .6
7 .5
8 .0

I

I
|
1 9 77-Q 1 ..........
- Q 2 . ------Q 3 ..........
- Q 4 ..........
1978-Q 1..........
-Q 2 ..........
-Q 3 . • . . .
- Q 4 ..........
1 9 79-Q 1 ..........
-Q 2 ...........
-Q 3 ..........
- Q 4 ..........
1980-Q 1..........
-Q 2 ..........
-Q 3 .....
-Q 4 .....

I
I
I
I
I
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
i
1
1

332.2Q
67.
78.
65.
54.
65.
70.
63.
58.
63.
74.
59.
66.
64.
65.
60.
72.

I
|
|
J
|
1
|
)
|
J
)
|
|
|
|
1
|
|

|
|

NUMBER OF LOANS HADE

(THOUSANDS)

6.

30.
4 0.
33.
22.

12.
11.
9.
7.

10.
8.
8.
8.

50.
56.
48.
39.

10.
14.
11.
10.

6.
6.
5.
4.

11.
1.
1.

6.
8.
5.
6.

30 .
34.
34.
24.

9.
10.
6.
8.

9.
8.
7.
6.

4 7.
51 .
46.
37.

11.
12.
10.
13.

5.
6.
6.

1*
111.

11.
11.

6.

7 .

43.
53 .
43.
42.

11.
12.
9.
13.

7.

5.
6.

8.
9.
7.
9.

10.

7.

27.
42.
32.
33.

6.
9.

1.
11.
2.

31.
38.
33.
33.

9.
8.
5.
13.

8.
6.
9.
8.

41.
44.
39.
47.

12.
11.
13.
15.

9.
7.
7.
9.

2.
2.
2.
2.

6.
9.
9.
10.

8.
9.
7.

10.
10.
11.
15.

11.
10.
9.
8.
12.

7 .

6.
5.
5.
6.

7 .

8.

7.

7 .

1
3 3 2 . 3Q

1
1
1
1
1

1 0 .9
8 .3
7 .0
9-4

1
|
|
|
|

6 .0
6 .7
6 .0
6 .8

19.2
6 .5
7 .4
5 .7

fa.9
6 .5
5 .3
5 .6

1 6 .6
1 6 .5
8 .5
1 2 .5

1 3 .0
10 .4
1 2 .4
1 8 .4

9. 1
8. 1
6. 9
8 .0

8 .8
7 .9
10. 1
8 .3

1 6 .2
9 .0
7 .2
1 3.6

7 .8
7 .8
5 .6
7 .4

1 0 .0
9 .1
6 .6
7 .4

1
|
J
|
|

6. 1
5 .3
5 .0
6 .8

6 .5
5 -9
6 .6

9 .9

1 8 .3
1 7 .8
2 0 .4
1 6 .2

8 .7
1 5 .9
6. 1
7. 1

7 .8
8 .7
7 .5
7 .5

1 1 .3
7 .6
6 .6
8 .9

11.2
10. 1
8.7

9 .6
9. 1
4 .4
6 .5

6 .8
5 .5
5 .3
5 .8

7 .8
b. 3

1 7 .9
11 .7
1 4 .0
14.1

6 .6
14. 1
6 .7
8 .8

8.4
8. 1

10. 7
8 .5
6 .6
7. 1

9 .2
6 .8

6.6

5 .0
8 .3
6 .0

6.6
7.7
7.b

6 .2

12 .7
12 .6
2 2 .6
9 .8

5 .8
6 .8
7 .0
6 .2

8. 1
6 .4
6. 1
6 .7

i
1978-Q 1..........
-Q 2 ..........
-Q 3 ..........
- Q 4 ..........
1979-Q 1 ..........
-Q 2 ..........
*Q 3 ..........
-Q 4 .....
1980-Q 1 .....
-Q 2 .....
-Q 3 .....
- Q 4 .....

|
I
1
1

t

1
1
1
1
1
1
1
1

1
1

1

7 .8
7 .5
6 .2
6 .9

|
|

7 .2

|
|
|
|
1

)
|

6.6

6. 1
5 .3
6 .2

6.0

6 .7
6 .0
5 .1

7 .2

6.2

6 .5

6.9

1

6.6

7 .8
7 .3

4.9
7 .9

|
1
1
1
1
1
1

AVERAGE MATURITY ( ONTHS) **

1

1977-Q 1..........
-Q 2 ..........
-Q 3 ..........
~Q4..........

1
1
1
|
|
I
1
1
1
|
I
|
1
|

6 .9
7 .3

7 .6
6. 1
7. 1
7. 1

7. 3
8.0

7.

1

6 .9
6 .5
9.4

6. 1

5 -5
5 .2
4 .3
6 .4
7 .0
6 .8
7 .5
8 .5

1
|
|
|
|
|
|
|
|
i
|
|
|

|

5 .3
5 .4
4 .6
5 .6

8 .6
8 .2
6 .5
7. 1

|
|
|
|

5 .6
8 .0
5 .9
6 .2

7 .6
6 .1
8 .2
7 .5

_____ L

*
"LABGE BANKS" ABB BANKS IN SURVEY S T RA TA 1-3, CORR ES PO ND IN G AP PROXIMATELY TO BANKS WITH OVEB S400 MILLION IN T O TA L ASSETS
AS OF SE PT EM BE R 1978.
**

AV ER AG B MATURITY OF NOND EN AN D LOANS ONLY,

WITH EACH LOAN W E IG HT ED BY ITS DOLLAR AMOUNT.

FOB ADDI TI ON AL INFORMATION, SEE NOTES TO ST AT IS TI CA L RELEASE E.2, FEDERAL RESERVE BOARD.




37
LAND VALUE AND CREDIT CONDITIONS SUBVEI, SEVENTH FEDERAL RESERVE DISTRICT — FEDERAL RESERVE BANK OP CHICAGO
TABLE 341.1Q

FARM N O N- RE AL -E ST AT E LENDING EXPE RI EN CE DURING THE PR ECEDING QUARTER, C O M P AR ED WITH A TEAR EARLIER
PERCEN TA GE O P BANKS RE PORTING

DATE OP
SURVEY

1
|
|

1
1 J70-Q1...I
-Q2...I
-Q 3 ---|
1
1

DEHAND POR LOANS
LONER

SAHE

HIGHER

FUND AVAILAB ILIIY
LOWER

SAHE

HIGHER

LOAN REPAYMS NX HA IK
LONER

SAHE

HIGHER

LLUsRALS On EX TE NS IO NS
LOWES

SANE

HIGHER

COLLATE i\ A L REQUIRED
LONER

SAHE

HIGHER

18.
17.
10.
13.

47.
50.
45.
51.

35.
33.
45.
37.

33.
29.
25.
11.

54.
58.
61.
64.

13.
13.
14.
2 3.

8.
10.
13.
13.

68.
70.
75.
79.

24.
20.
11.
8-

18.
18.
10.
9.

62.
65.
71.
74.

20.
17.
20.
17.

1.
1.
1.
0.

74.
76.
78.
81.

25.
23.
21.
19.

19.
12.
8.
9.

48.
42.
40.
48.

33.
46.
52.
44.

10.
b.
8.
7.

53.
45.
46.
54.

37.
47.
46.
39.

27.
24.
20.
16.

65.
68.
70.
74.

8.
8.
10.
10.

7.
7.
7.
9.

59.
63.
67.
72.

34.
30.
26.
19.

0.
1.
1.
2.

83.
79.
86.
86.

17.
20.
13.
12.

1
S972-Q1...|
- C 2 ---|
-Q3...|
~Q4...|

16.
10.
9.
9.

47.
44.
48.
4R.

37.
46.
44.
...

6.
5.
8.
4.

44.
41.
45.
45.

50.
54.
47.
50.

12.
6.
5.
3.

70.
72.
76.
74.

18.
22.
20.
23.

16.
17.
19.
20.

69.
73.
74.
72.

15.
10.
7.
8.

1.
1.
2.
1.

87.
88.
91.
92.

13.
11.
8.
7-

H9/J-Q1...|
-Q2...|
-Q3---|
-Q4...I

12.
10.
11.
14.

45.
32.
34.
36.

42.
58.
55.
50.

5.
10.
15.
27.

53.
42.
47.
47.

42.
47.
38.
27.

22.
9.
7.
6.

54.
57.
66.
65.

24.
34.
27.
30.

22.
30.
23.
28.

52.
56.
65.
64.

26.
14.
12.
8.

1.
2.
3.
2.

93.
88.
86.
84.

6.
10.
11.
14.

1974-Q1...|
-Q2...I
-C3---|

21.
20.
14.
20.

33.
33.
31.
33.

46.
47.
56.
46.

1b.
11.
32.
45.

43.
45.
47.
41.

41.
44.
21.
14.

6.
8.
27.
28.

46.
49.
59.
59.

48.
43.
14.
13.

43.
41.
13.
11.

47.
47.
57.
58-

10.
12.
30.
32.

4.
3.
1.
1.

82.
83.
76.
67.

14.
14.
23.
33.

1975— Q 1.••1
-Q2...I
-QJ.— I
-Q4...I
1
1976-Q1... |
-Q2...|
-Q3...I
~Q4...|
1
1)?7-Q1...|
-Q2*.• |
-Q3. . . |
-Q4...I

25.
19.
13.
14.

28.
29.
32.
40.

47.
52.
55.
46.

29.
22.
14.
10.

43.
49.
51.
49.

28.
29.
35.
41.

37.
44.
30.
15.

46.
48.
60.
64.

17.
8.
10.
21-

14.
7.
11.
19.

45.
42.
56.
62.

41.
51.
33.
19.

1.
1.
0.
1.

69.
71.
78.
81.

30.
29.
22.
18.

15.
10.
8.
10.

36.
39.
37.
40.

49.
51.
55.
50.

11.
11.
9.
13.

48.
48.
48.
49.

41.
41.
43.
38.

21.
18.
14.
19.

59.
64.
69.
69.

21.
18.
16.
12.

20.
17.
16.
12.

57.
58.
67.
68.

23.
26.
17.
20.

1.
1.
1.
1.

83.
81.
83.
85.

16.
18.
17.
14.

8.
6.
3.
4.

34.
27.
26.
30.

58.
67.
72.
65.

12.
17.
25.
37.

46.
50.
47.
49.

42.
33.
20.
14.

28.
30.
40.
52.

62.
61.
55.
45.

10.
9.
6.
4.

10.
10.
4.
3.

56.
56.
51.
41.

34.
34.
45.
56.

1.
0.
0.
0.

83.
83.
80.
73.

16.
17.
19.
26.

1978-31... |
~Q2...J
Q3-.-I
-Q4...I
1
1979-Q1...J
-Q2...I
-Q3...I
-04...|
1
19S0-Q1..-I
-02,..|
-Q3...I
-Q4-..I
I
1981-Q1...I

10.
10.
9.
5.

33.
28.
34.
33.

57.
6 2.
57.
62.

31.
38.
41.
48.

51.
45.
45.
40.

18.
17.
14.
12.

50.
46.
29.
28.

42.
45.
61.
61.

9.
9.
10.
12.

5.
7.
9.
9.

40.
42.
57.
60.

56.
52.
34.
31.

0.
0.
0.
0.

77.
71.
76.
75.

23.
29.
24.
25.

16.
11.
11.
13.

3323.
31.
34.

51.
67.
58.
54.

50.
60.
50.
49.

38.
30.
39.
40.

12.
11.
11.
11.

26.
30.
22.
21.

56.
55.
65.
69.

18.
15.
13.
10.

14.
11.
10.
10.

56.
52.
63.
64.

30.
37.
27.
27.

1.
0.
0.
0.

75.
69.
74.
67.

24.
31.
26.
33.

30.
47.
56.
48.

29.
22.
22.
32.

41.
32.
21.
20.

4 5.
23.
12.

43.
36.
47.
45.

12.
7.
30.
43.

33.
58.
44.
25.

55.
33.
43.
55.

12.
9.
12.
20.

10.
6.
9.
16.

53.
33.
45.
55.

38.
61.
45.
28.

0.
1.
0.
0.

67.
42.
62.
71.

33.
57.
38.
29.

63.

24.

13.

10.

38.

53.

22.

42.

36.

49.

25.

0.

75.

24.

- Q 3 ---1




5b.

26.
1________

38

LAND VALUE AMD CBEDIT CO ND IT IO NS SURVEY, SEVENTH FEDERAL RESERVE D I S T R I C T - F E D E R A L RESERVE BANK OF CH ICAGO
TA BL E 341.2Q
FARM NON-BEAL-* ESTATE LOAN VOLUME EXPECTED DURING TH E CURRENT UU APT E R , CO MP AR ED WITH VOLUME OF LOAN'7 MADE A YEAR EARLIER
PERC EN TA GE Of BANKS EE POB1ING
DATE OF
SURVEY

DAIPY
FEEDER C A T T L E
1
1
1
.1
| LONER SA NE HIGHER 1 LONER SAME HIGHER 1 LONER SA ME HIGHER

TOTAL

1

1970-Q2___J
-Q3...|

8.
13.
10.

60.
59.
61.

3229.
29.

9.
6.
7.
7.

55.
52.
5652.

Jo.
42.
37.
41.

10.
6.
7.
10.

53.
48.
60.
50.

38.
46.
33.
40.

12.
8.
10.
22.

42.
31.
46.
35.

46.
61.
45.
42.

22.
11.
16.
28.

36.
3 0.
40.
36.

42.
59.
44.
36.

1975-C1...J
-Q 2 ---|
-Q3---|
-Q4.- . |
1
19 76 -Q 1___|
~ Q 2 ---J
-Q3...I
-Q4...1

23.
14.
14.
21.

29.
30.
43.
43.

48.
55.
43.
35.

13.
8.
9.
10.

43.
39.
4t>.
42.

44.
53.
4548.

1977— Q 1 . . . |
- Q 2 ---|
-Q3... |

7.
4.
7.
11.

38.
32.
3631.

56.
64.
57.
57.

1978-Q1...|
-Q2...I
-Q3-.-I

10.
8.
10.
11.

39.
29.
45.
40.

51.
63.
45.
49.

1979-Q1...|
-Q2...I
-Q3...|

19.
10.
16.
22.

39.
32.
39.
38.

42.
58.
45.
40.

1980-Q1...|
~Q2- - • |
-Q3.-.I
-Q4... |
1
1981— Q 1. . • |
1_

26.
54.
42.
35.

33.
18.
36.
41.

41.
28.
2224.

43.

37.

20.

1
1971-Q1...|
-Q3...|
-Q a —
1
1
1972-Q1...|
"Q2... |
-Q3...I
-Q4-..|
1973-Ql... |
- Q 3 ---|
1
1974 -Q 1.. . |
-Q2...|
-Q3...J
-Q4..-1




1
1
1
)
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
S
1
1
1
1
1
1
I
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
_1 _

19.
19.
27.

56.
58.
51.

25.
23.
23.

I
1
1

32.
22.
18.
13.

58.
65.
66.
48.

9.
1 J.
17.
39.

13.
16.
18.
19.

60.
59.
50.
43.

27.
24.
32.
38.

1
1
1
1
1
1
1
1
1

15.
23.
38.
28.

55.
43.
38.
40.

3034.
24.
32.

37.
53.
59.
67.

40.
35.
33.
26.

23.
12.
8.
7.

73.
58.
36.
28.

22.
33.
42.
42.

5.
9.
22.
30.

21.
27.
36.
41.

51.
52.
50.
45.

28.
21.
14.
14.

22.
31.
2513.

54.
53.
54.
50.

24.
16.
20.
37.

14.
13.
18.
17.

55.
46.
50.
40.

30.
41.
31.
44.

26.
26.
31.
29.

40.
4 0.
48.
4 0.

34.
34.
21.
30.

35.
70.
42.
32.

47.
26.
49.
51.

18.
4.
9.
16.

51.

45.

4.

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
»
1
1
1
1
1
1
1
1
1
1
1
1
1
1
-1

23.
***
***

69.
*♦*
***

8.
***
***

***
***
***

«**
***
*♦*
***

***
***
***
***

13.
14.
*•*
***

7672.
♦ **
***

10.
14.
***
***

14.
15.
24.
23.

73.
66.
60.
61.

13.
19.
16.
16.

22.
24.
27.
37.

60.
59.
62.
51.

17.
17.
11.
11.

44.
33.
25.
27.

4 8.
56.
66.
64.

8.
11.
9.
9.

23.
2226.
23.

66.
65.
61.
65.

11.
13.
13.
11.

20.
21.
17.
18.

67.
62.
71.
69.

13.
18.
12.
12.

16.
15.
15.
17.

73.
67.
73.
68.

11.
18.
12.
15.

21.
17.
18.
21.

68.
65.
70.
67.

12.
18.
12.
It.

28.
41.
28.
22.

64.
53.
65.
70.

8.
6.
7.
9.

32.

60.

8.

CROP

ST ORAGE

LONER SAME HIGHER
1
1
1
1
i
1
1
1
i
1
1
1
1
1
1
J
1
1
1
1
1
1
1
1
1
1
1
l

1
1
1
1
1
1
1
1
1
1
1
1
J
1
1
1
1
1
1
1
1
1
1
1
t
1
1
_1_

***
***
15.

***
***
54.

***
***
31.

14.
***
**♦
6.

57.
***
***
53.

29.
***
***
41.

13.
***
***
12.

63.
***
**♦
60.

24.
***
***
28.

18.
16.
12.
10.

61.
60.
50.
44.

21.
23.
38.
46.

20.
17.
14.
16.

50.
57.
57.
43.

29.
26.
30.
41.

23.
23.
17.
14.

47.
53.
57.
53.

30.
24.
27.
32.

14.
17.
16.
12.

53.
57.
55.
50.

33.
25.
29.
38.

11.
14.
12.
11.

50.
54.
44.
26.

38.
32.
44.
63.

16.
17.
13.
12.

45.
55.
57.
40.

39.
28.
29.
48.

20.
20.
25.
23.

55.
55.
57.
52-

25.
25.
18.
26.

23.
49.
36.
32.

48.
33.
51.
49.

29.
18.
13.
18.

40.

46.

14.

FARM MA CH IN ER Y
u p b :<a : INI
1
1
_i
LONEB
SAME
HIGHER
1
i LONER SAME HIGHER
1
1
1
1
1
1
1
1

8.
10.
9.

49.
5257.

44.
38.
34.

tt.
5.
9.
8.

47.
34.
48.
59.

60.
44.
33.

1
1
1
1
I
1
1
1
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

10.
7.
10.
18.

48.
42.
55.
56.

42.
51.
35.
26.

11.
7.
9.
21.

36.
27.
39.
41.

52.
66.
52.
39.

16.
7.
6.
12-

28.
1928.
30.

56.
74.
66.
58.

9.
4.
7.
18.

2118.
32.
42.

70.
78.
61.
40.

9.
7.
7.
d-

36.
31.
38.
40.

55.
62.
56.
52.

4.
2.
4.
9.

31.
21.
29.
30.

65.
77.
66.
61.

8.
7.
9.
13.

31.
23.
38.
40.

61.
71.
53.
47.

10.
7.
8.
15.

35.
25.
36.
34.

54.
68.
57.
50.

14.
31.
20.
21.

26.
20.
33.
45.

60.
49.
47.
34.

25.

33.

42.

1
1
1
1
<
1
1
1
1
1
1
1
I
1
i
1
1
1
1
1
1
1
1
1
1
l
f
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
r
i
i
_L_

30.
32.
29.

44.
45.
49.

25.
23.
22.

26.
20.
14.

49.
47.
57.
58.

17.
27.
23.
28.

11.
7.
10.
9.

54.
51.
60.
47.

35.
42.
30.
44.

8.
5.
9.
12.

39.
26.
39.
30.

53.
69.
53.
58.

15.
8.
22.
25.

28.
28.
37.
36.

56.
64.
42.
40.

25.
28.
26.
15.

35.
36.
40.
40.

39.
36.
34.
45.

12.
11.
12.
16.

43.
38.
45.
41.

45.
51.
43.
43.

16.
14.
30.
55.

41.
39.
39.
30.

43.
48.
30.
15.

45.
35.
26.
20.

37.
34.
44.
43.

18.
31.
30.
37.

25.
17.
22.
28.

41.
35.
42.
37.

35.
48.
36.
35.

41.
86.
73.
45.

35.
9.
21.
33.

23.
4.
7.
22.

49.

32.

18.

39
LAND VALQE AMD CREDIT CONDITIONS SURVEY, SEVENTH FEDERAL RESERVE DIStBICT— FEDERAL BESSBVE BABE OF CHICAGO
TABLE 341.3Q
TABLE 3 4 1 . 4Q
{PERCENTAGE O F BANKS BEPOBTING
1
I AVEBAGE
J THAI LOAN/DEPOSII RATIO IS —
DATE OF
|LOAN/DEPOSI 11
SURVEY
|
RATIO
| LOWER
HIGHER
| (PEB CENT) i
THAN
DESIRABLE
THAN
DESIRED
_____________ L
_1 DESIRED
1
1
1970 -Q 1. ..|
55.
I
23.
49.
28.
55.
I
25.
47.
-Q2..-I
28.
-Q3. .. |
56.
46.
37.
1
17.
***
|
***
***
***
I
***
***
***
1 9 71 -Q 1. ..|
l
***
54.
|
44.
41.
-Q2...|
15.
55.
I
47.
35.
18.
- Q 4 ---J
55.
1
45.
38.
17.
1972-Q1...J
-Q2...I
-Q4...I

54.
54.
55.
55.

1973-Q1...J
-Q2...I
■Q3--.I
-Q4..-I

54.
54.
55.
56.

1974-Q1___J
-Q2.-.J
-Q3... J
-Q4.--I

55.
54.
58.
57.

1975-Q1...J
-Q3...|
-Q4--- 1

57.
56.
56.
57.

1976— Q l . . . |
-Q2...I
-Q3...J
-Q4...I

57.
56.
57.
59.

1977-Q1..-1
— Q2 . .•{
-03...|
-Q4..-1

59.
59.
61.
64.

1978-Q1... |
— Q2-.. J
-03...|
-Q4...I

62.

66.

1979— Ql...|
-02...|
“ 03...|
-Q4...(

65.
67.
67.
68.

1980— tfl... 1
-02... |

66.

64.

64.

66.

|
|
|
1
i
1
1
1
1

FEEDER CATTLE
LOANS
6.42
6.41
6.39
6.42

19 68 -Q 1.•• |
-Q2...I
-Q3...|
-Q4...I

6.52
6.67
6.85
6.86

OPERATING
LOANS

BEAL ESTATE
LOANS

*****

*****

*****

** * * *

*****
*****

*••••
*****

*****

*****

*****

* *** *

*****
*****

*****
*****
*****
*****

17.
14.
19.
14.

1969-Q1...|
-Q2... |
-03...|
-Q4...I

6.85
7.04
7.19
7.47

* ** **

51.
51.
45.
41.

32.
32.
34.
37.

17.
17.
20.
22.

7.59
7.73
7.78
7.81

*****
*****
*****
*****

7.81
*****
8.00
*****

48.
52.
36.
30.

32.
31.
37.
38.

20.
17.
27.
32.

1970-Q1... |
-Q2..-I
-Q3... |
-Q4...I
1
1971-Q1...|
-Q2...|
-Q3...I
-Q4...I

7.81
7.58
7.57
7.57

*****
*****
*****
*****

8.03
7.76
7.70
7.74

32.
35.
39.
42.

36.
37.
39.
36.

32.
28.
22.
22.

1972-Q1...|
-Q2...I
-Q3...|
-Q4...|

7.54
7.46
7.44
7.47

*****
*****
*****
*****

7.69
7.62
7.61
7.64

42.

1973-Q1...|
-02...|
-Q3...I
-04...|
t
1974— Ql...|
-02...|
-03...1
-Q4...I

7.52
7.55
7.69
8.27

*****

7.67
7.71
7.81
8.35

8.28
8.30
8.60
9.05

*****
*****

8.50
8.39
8.60
9.06

1975-Q1...|
-Q2...I
-Q3...I
-Q4...I

8.95
8.84
8.76
8.81

*****
*****
*****
8.90

9.04
8.94
8.89
8.96

1976-Q1...J
-Q2...I
-03... |
-Q4...I

8.80
8.74
8.79
3.76

8.89
8.85
8. 88
8.87

8.97
8.95
8. 95
8.96

1977— Q l . . . |
-02...|
-Q3...I
-04...|

8.71
8.71
8.74
8.79

8.83
8.82
8.84
8.89

8.92
8.91
8.93
8.97

19 7 8 - Q 1 . . . |
-Q2-..I
-Q3...I
-Q4...I

8.85
8.90
9.12
9.40

8.91
9.00
9.21
9.50

9.00
9.07
9. 30
9.61

1979— Q1...|
-Q2...I
-03...|
-04...1

10. 14
10.46
10.82
11.67

10.25
10.54
10.91
11.73

10.20

-Q3...J
-Q4...I

13.52
17.12
13.98
14.26

13.57
17. 13
14.01
14.31

13.02
16.17
13.47
13.71

1981— Ql.• . |

17.34

17.39

15.73

|
|
I
|
1
I
1
I
i
1
|
)
I
1
i
t
1
I
1

43.
41.

34.
36.
33.
34.

23.
20.
24.
25.

39.
35.
32.
22.

35.
37.
30.
32-

26.
28.
38.
46.

|
I
1

27.
23.
22.

41.

44.

1
1

19 .

32.
33.
33.
28.

1
1
1
|
I
|

17.
15.
14.
15.

33.
27.
31.
33.

16.

36.

1

11-

l

38.
40.
39.
37..

-Q9...I

|

1981— Q l . . . |

61.

I

46.




|
|
1
1
1967-Q1... |
-Q2...I
-Q3...I
—Q4... |

36.
34.
32.
31.

29.
40.

I

DATE OF
SOBVEY

46.
52.
49.
55.

65.
62.

-0 3 ... |

TYPICAL IN TE R E ST BATES CHARGED 01 FA8H LOANS
(AVERAGE# PER CENT)

J_________

44.

46.
52.
50.
58.
55 .

52.
48.
51.
31.
21.

17.
’

*****
*****
*****

*****
*****

10.47
10.83
11.41

1

1980— Q 1 . . . |
-0 2 ...1

40
1 4 1 0 VA L0 B 410 CB BD IX CO ND IT IO NS SURVEY, SEVENTH FE DE RA L BESEBVE D I S T R I C T — FE DE RA L BESEBTE BANK OF C H IC AG O
T A B L E 341.5Q
TREN D S IN

FABH B E A L ESXAXB V A LUE S AND LOAN VOLUME

BASKET VALOB OF GOOD FARMLAND
I
1.
OATB OF
| PBBCBNTAGB CHANGE | PBBCBNTAGB OF BANKS EXPECTING
|
TBBMD DOBING THE <COBBENI
SURVEY
| FBOM PBEVIOOS—
QUABXEB TO BE
1
YEAB
|
1 QUARTER
OP
BONN__
STABLE
1
1
***
{
1 9 6 0 -Q l...|
20.
69.
11.
-3 .
***
j
-Q 2 ...|
34.
0.
60.
6.
***
|
“ Q3- . . |
37.
60.
-1 .
3.
***
]
57.
38.
5.
1
.
-Q *— 1

PERCENTAGE OF BANKS EXPECTING
FABH BEAL ESTATE LOAN VOLOHB
DUBING THE CURRENT QUARTER,
AS CCHPABED WITH VGLOHE HADE
A IBAB EABLIER, 10 BE—
LOBES

SAME

HIGHER

*♦*
**♦
*♦*
***

**•
***
***

***
***
*•*
***

1 9 6 1 -Q 1 ...J
-Q 2 — I
-Q 3 - . - |
-Q 4 — -1

-1 .
0.
2.
2.

-3 .
-3 .
-2 .
2.

|
|
|
1

42.
25.
15.
9.

55.
69.
75.
74.

4.
6.
10.
17.

***
***
***
•**

*♦*
***
***
♦**

*♦*
*•*
♦**
*•*

1962-Q1___ |
-Q 2 ...|
-Q 3 .-.I
-Q 4— |

1.
***
0.

000

♦**
4.
*♦*
1.

j
1
|
1

***
6.
***
10.

*•*
75.
***
81.

*•*
19.
***
10.

*♦*
***
***
***

*•*
*«*
*•*
***

***
♦**
*♦*
***

1.
0.
2.
1.

***
1.
3.
3.

1
1
1
|

4.
5.
3.
5.

76.
71.
74.
59.

20.
24.
23.
36.

***

•**
•4*
*•«

**♦

#**
*#*

1964-Q1------J
-Q 2 ...I
-Q 3 -.-I

1.
1.
1.
2.

3.
4.
3.
4.

|
|
1
t

2.
1.
2.
1-

61.
58.
61.
54.

37.
41.
37.
45.

***
***
***
**♦

1 9 6 5 -Q 1 ...|
-Q 2 ... |
-Q 3 ...I
-Q 4 .— 1

1.
2.
1.
2.

5.
6.
5.
7-

1
|
J
1

1.
1.
0.
1.

45.
39.
42.
24.

54.
60.
58.
75.

**«
***
2.
«**

1 9 6 6 -Q l... |
-Q 2 ... J
-Q 3 ...|
-Q * -— l

2.
4.
1.
3.

8.
10.
9.
9.

|
1
|
1

0.
0.
1.
1-

26.
17.
28.
34.

74.
83.
71.
65.

1967-Ql — .|
-Q 2 ... |
-0 3 ...1
-Q O -.-l

2.
2.
1.
2.

8.
7.
5.
6.

|
|
|
|

1.
1.
12.

42.
44.
51.
45.

57.
56.
48.
53-

1 9 6 8 -Q l...|
-0 2 ...i
-0 3 ... |
- 0 4 - . -1

2.
2.
0.
1.

6.
6.
6.
3.

|
1
|
|

8.
8.
6.
13.

59.
56.
58.
59.

1 9 6 9 -Q 1 ...|
-Q 2 ...I
-0 3 ...|
-0 4 ...|

2.
1.
2.
0.

5.
3.
4.
4.

|
|
|
|

8.
14.
12.
20.

1 9 7 0 -0 1 ...1
-Q 2 ...I
-0 3 ... |
-Q 4 ...I

0.
1.
0.
0.

4.
1.
-1 .
0.

|
I
|
|

1 9 7 1 -Q 1 ... |
-0 2 ...|
-0 3 ... |
-Q 4 ...I

1.
1.
21.

1.
2.
3.
4.

1

1 9 7 2 -Q 1 ...I
-Q 2 ...I
-Q 3 ...I
-Q 4 ...I

1.
1.
2.
3.

1 9 7 3 -Q 1 ...1
-Q 2 ...I
-Q 3 ...I
-Q 4 ...I

1 9 6 3 -Q 1 ...
-Q 2 .—
-Q 3 .—
-Q *— -

|
I
I
1

*0*
000
000
000
000
000
000

♦**
***
***
*•*

73*•*

000
000
000
25.
000

3.
***
«*•
4.

67.
•*«

30.
**•

64.

33.

000

«**

***
8.
13.

*•*
***
76.
72.

33.
36.
35.
28.

***
27.
28.

000
000

000
000

63.
62.

11.
10.

68.
62.
66.
66.

24.
24.
22.
14.

12.
•••
*•*
44.

81.

50.

7.
«• «
•**
5.

22.
21.
15.
17-

64.
68.
78.
72.

14.
11.
8.
11.

41.
**•
35.
31.

60.
59.

8.
**•
5.
10.

1
|

14.
6.
1.
3.

75.
80.
83.
81.

11.
14.
16.
16.

28.
17.
13.
9.

63.
68.
75.
76.

9.
15.
11.
15.

4.
«•
3.
6.

1
1
|
|

3.
1.
0.
1.

75.
65.
66.
47.

22.
34.
34.
52.

11.
8.
10.
8.

72.
70.
72.
67.

17.
23.
18.
25.

2.
6.
4.
8.

7.
11.
13.
17.

|
|
|
|

1.
0.
1.
1.

52.
44.
43.
43.

47.
56.
56.
56.

8.
7.
12.
17.

70.
61.
63.
62.

22.
32.
25.
21.

1974—Q 1 ...|
-Q 2 ...I
-0 3 ... t
-Q 4 ...I

5.
12.
3.
8.

24.
34.
29.
25.

|
|
|
|

2.
3.
8.
5.

52.
53.
67.
66.

46.
44.
25.
29.

17.
11.
26.
35.

64.
62.
61.
54.

19.
27.
13.
11.

1975—Q 1 ...|
-0 2 ...1
-0 3 ...|
—0 4 . . . 1

3.
2.
4.
9.

23.
14.
15.
17.

|
1
|
|

9.
8.
6.
1.

77.
79.
81.
56.

14.
13.
13.
43.

34.
26.
23.
20.

56.
62.
68.
68.

9.
12.
9.
12.

1 9 7 6 -Q 1 ...|
—Q 2 ..•|
-0 3 — .1
-Q 4 ...I

7.
7.
6.
8.

22.
27.
30.
29.

|
|
|
|

3.
1.
1.
2.

68.
67.
58.
55.

29.
31.
41.
43.

15.
11.
17.
15.

73.
71.
65.
67.

13.
18.
18.
19.

1 9 7 7 -Q 1 ...|
-Q 2 ...I
-0 3 ...|
-0 4 ... |

5.
8.
4.
-1 .

28.
30.
30.
18.

|
|
|
|

21.
9.
34.

61.
51.
65.
56.

37.
48.
26.
10.

16.
12.
18.
36.

64.
65.
66.
56.

20.
23.
16.
8.

1 9 7 8 -Q 1 ...|
-Q 2 ...I
-Q 3 ...I
-Q 4 ...J

2.
4.
4.
4.

13.
78.
13.

|
1
|
|

16.
6.
3.
3.

74.
71.
74.
69.

10.
23.
23.
28.

31.
25.
25.
29.

61.
63.
64.
62.

8.
13.
10.
9.

1 9 7 9 -Q 1 ...|
-Q 2 ...I
-0 3 ...|
-0 4 ... |

3.
2.
3.
6.

17.
16.
13.
17-

|
|
|
|

2.
3.
2.
3.

70.
62.
65.
56.

28.
35.
33.
41.

35.
31.
29.
37.

58.
59.
62.
57.

7.
10.
9.
6.

1 9 8 0 -Q 1 ...I
-0 2 ...|
-0 3 ... |
-0 4 ...|

-2 .
-2 .
2.
5.

14.
9.
3.
3.

1
1
1
1

4.
47.
20.
5.

70.
50.
73.
66.

26.
4.
7.
29.

46.
74.
56.
40.

51.
25.
42.
56.

2.
1.
2.
4.

1 9 8 1 -Q 1 ...|
1

4.

7.

1
. L-

4.

62.

33.

43.

54.

3.




1

- ___

_JL

________

000
000
52.

000

15.
15.

_

41

SURVEY OF CURRENT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESBBVB DISTRICT— FEDERAL RESERVE BANK OF HIMNBAPOLIS
TABLE 342.1Q
CURRENT FARM LEN D IN G E X P E R IE N C E
PERCENTAGE OF BANKS R EP O R TIN G
CUBRENT

“ *•
* *: !

~ X *

i

__ L_

S H O R T-TE R M
LONER

SANE

HIGHER

I
I

IN T E R M E D IA T E -T E R M

I

LONER

SAME

9.
7.
15.
16.

66.
76.
68.
71.

25.
17.
17.
13.

J
1
1
1

***
***
***
***

***
***
***
*#*

***
***
♦ **
***

1965-'Ql...
-Q2...
-Q3...
-Q4...

8.
7.
3.
17.

57.
60.
69.
78.

35.
33.
28.
5.

***
♦**
***
***

*♦*
*♦*
***
***

***
***
**♦
***

1966-Q1...
-Q 2 ___
-Q3...
-Q4...

9.
6.
***
10.

70.
78.
***
77.

21.
16.
***
13.

***
***
***
***

***
***
***
***

***
***
***
***

1967-Q1...
-Q2. • •
-Q3...

8.
3.
3.
14.

77.
80.
65.
77.

15.
17.
32.
9.

***
***
**♦
7.

***
***
87.

***
***
**♦
6.

1968-Q1...
-Q2...
-Q3...
-Q4...

2.
3.
2.
4.

76.
76.
72.
87.

22.
2126.
9.

6.
8.
5.
7.

80.
76.
84.
85.

14.
16.
1 1.
8.

1969-Q1...
Q ••
-Q 3...
” Q4...

8.
10.
5.
10.

82.
72.
81.
76.

10.
18.
14.
14.

7.
11.
8.
10.

82.
76.
79.
80.

12.
13.
13.
10.

1970-Q1...
-Q2...
-Q3. . .
-Q4...

6.
2.
3.
7.

76.
78.
66.
81.

18.
20.
31.
12.

7.
12.
14.
12.

85.
76.
69.
83.

9.
1 1.
17.
5.

1971-Q1...
-Q2...
-Q3...
-Q4. . •

8.
4.
4.
6.

74.
62.
74.
84.

18.
33.
22.
11.

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i
1
1
1
1
i
i
i
i
i
i
i

15.
12.
5.
9.

79.
75.
87.
75.

6.
13.
a.
12.

1972-Q1...
-Q2. • •
-03...
— Q4 .•.

6.
2.
2.
11.

79.
85.
84.
81.

15.
13.
13.
7.

5.
2.
5.
5.

85.
85.
85.
85.

10.
13.
10.
10.

197 i— Q l . .•
-Q2...
-Q 3..•
- Q 4 . ..

17.
13.
8.
20.

7264.
72.
67.

12.
23.
20.
13.

7.
5.
5.
11.

85.
77.
81.
71.

9.
18.
14.
17.

1974-Ql...
-Q2---Q3...
-Q4...

19.
25.
6.
12.

62.
54.
66.
65.

19.
21.
28.
24.

14.
14.
1 1.
16.

77.
74.
77.
72-

9.
12.
12.
12.

1975-Ql...
- Q 2 . .•
-03...
-Q4...

15.
11.
9.
12.

55.
59.
56.
79.

30.
30.
35.
10.

23.
13.
1715.

67.
71.
68.
74.

10.
16.
15.
12-

1976-Q1...
-Q2...
-Q3...
-Q4...

7.
4.
8.
13.

64.
75.
61.
57.

30.
20.
31.
30.

12.
9.
20.
23.

73.
78.
70.
63.

15.
13.
9.
14.

1977— Q l . ••
-Q2...
— Q3. • •
-Q4...

9.
8.
3.
8.

55.
53.
60.
60.

37.
39.
37.
31.

25.
25.
20.
22.

50.
58.
66.
56.

25.
17.

1978 -Q 1...
-Q2...
-Q3...
-Q4...

6.
5.
1.
6.

69.
66.
72.
63.

26.
29.
28.
31.

22.
13.
6.
7.

67.
73.
75.
72.

11.
14.
19.
22.

1979-Q1...
-Q2...
-Q3...
-Q4...

3.
1.
4.
6.

70.
69.
54.
43.

28.
30.
42.
51.

9.
8.
6.
9.

76.
71.
67.
65.

15.
21.
27.
2 b.

1 9 3 0 - Q 1. . .
-Q2...
-Q3...
-Q4...

15.
26.
38.
36.

55.
50.
49.
60.

31.
24.
14.
4.

29.
52.
74.
46.

60.
41.
23.
50.

12.
7.
3.
4.

1981 -Q 1.••

58.

39.

3.

71.

28.

1.




i
i

i
i
i
i

i
i
i
i
i
i
i

i
i
i
i
i
i

i
i
i
i
i
i

i
i
i
i

i
i
i
i
i

i
i
i
i
i
i
i

i
i

i
i
i
i
i
__I__

***

1
1

DEMAND FOR DEBT
E X TE N S IO N OR
R E F IN A N C IN G

HIGHER _ 1 _ . LONER

1964-Ql...
-02...
- Q 3 . ••
-Q4. • .

i

1

1

1

I

I

1

COMPARED N1 1 H USUAL C O N D IT IO N S

DENAND FOR N O N -R E A L -E S T A 1 E LOANS

14.

21.

1
1
1
1
1
1
1
1
1
t
1
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i
I
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
t
\

»
i
1
1
1
1
1
1
1
1
1
1
1
1 _.

SAME

HIG HER

***
***
5.
9.

***
**•
52.
53.

***
*♦*
43.
38.

2.
2.
11.
21.

38.
43.
62.
63.

60.
55.
27.
16.

20.
15.
*♦*
22.

50.
65.
***
68.

30.
20.
**♦
10.

18.
6.
11.
16.

70.
79.
81.
71.

12.
15.
8.
13.

8.
2.
6.
17.

65.
65.
70.
79.

27.
33.
24.
4.

13.
9.
11.
14.

72.
71.
76.
78.

15.
20.
13.
8.

14.
10.
10.
6.

67.
73.
77.
82.

19.
17.
13.
12.

6.
4.
3.
9.

58.
71.
85.
83.

36.
25.
12.
8.

10.
4.
5.
16.

74.
81.
87.
79.

15.
15.
8.
5.

30.
24.
19.
44.

66.
69.
77.
54.

4.
6.
5.
2.

42.
40.
20.
17.

53.
50.
64.
59.

5.
10.
16.
24.

7.
8.
7.
13.

49.
47.
52.
63.

45.
45.
41.
24.

4.
4.
5.

58.
54.
61.
51.

38.
42.
34.
47.

2.
1.

30.
34.
43.
38.

69.
64.
55.
61.

1.
2.
4.
10.

36.
50.
76.
73.

63.
48.
20.
17.

13.
10.
11.
5.

71.
76.
69.
58.

16.
14.
19.
37.

7.
4.
6.
9.

51.
40.
51.
68.

41.
55.
43.
23.

8.

61.

31.

1.
1.
1.

I

1
1
1
1

PROPORTION OP FARR
CUSTOMERS LOANED UP
TO T H E IR P R A C TIC A L
DEBT L I M I T , COMPARED
N IT H A YEAR E A R L IE R

1
SLOW

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
i
1
1
1
1
1
1
1
l
1
1
1
— 1—

1
1
1

DEBT
REPAY BENT

USUAL

R A PID

28.
23.
34.
27.

62.
76.
66.
71.

10.
1.
0.
2.

5346.
26.
11.

46.
52.
70.
75.

1.
24.
14.

23.
10.
## #
6.

67.
84.
#**
80.

10.
6.

11.
16.
10.
6.

74.
83.
89.
87.

15.
1.
1.
7.

26.
26.
0.
6.

73.
74.
8380.

1.
0.
17.
14.

12.
19.
11.
6.

84.
79.
87.
89.

4.
2.
25.

11.
14.
16.
16.

82.
85.
82.
82.

7.
2.
1.
2.

38.
25.
19.
9.

59.
75.
81.
87.

4.
0.
1.
3.

18.
12.
7.
2.

77.
86.
92.
86.

6.
2.
1.
12.

0.
2.
1.
3.

74.
76.
80.
56.

26.
23.
18.
40.

4.
6.
23.
35.

61.
66.
71.
57.

36.
28.
6.
8.

52.
50.
34.
21.

40.
45.
65.
74.

6.
5.
1.
4.

31.
42.
35.
60.

68.
58.
63.
38.

1.
0.
2.
2.

75.
75.
62.
74.

25.
25.
38.
26.

0

61.
55.
28.
28.

39.
45.
67.
67.

1.
.
5.
4.

21.
18.
20.
46.

71.
72.
77.
52.

46.
64.
62.
32.

50.
36.
36.
59.

30.

58.

14.

.
1.

0.

0.
0

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
i
1
1
1
1
i
1
\

1
1
i
9.
i
10.
i
3.
i
2.
i
i
4.
i
0.
i
3.
i
9.
i
1
11.
l
— 1_

LONER

SARB

H IG H ER —

12.
15.
15.
6.

58.
45.
43.
54.

29.
40.
42.
40.

4.
7.
8.
25.

53.
53.
60.
63.

43.
40.
32.
12.

20.
16.
♦ **
16.

64.
70.
***
74.

16.
14.
***
10.

18.
9.
6.
10.

76.
83.
81.
80.

6.
8.
13.
10.

7.
10.
2.
14.

68.
61.
66.
72.

25.
29.
32.
14.

15.
6.
2.
7.

73.
75.
82.
82.

12.
19.
16.
11.

10.
8.
3.
5.

75.
75.
71.
75.

16.
18.
26.
20.

3.
3.
3.
6.

69.
69.
75.
81.

29.
28.
2213.

12.
9.
9.
17.

76.
79.
83.
79.

12.
12.
7.
4.

30.
36.
28.
43.

68.
61.
71.
56.

1.
3.
2.
1.

44.
41.
19.
16.

55.
56.
57.
57.

1.
3.
23.
27.

10.
10.
6.
12.

51.
45.
56.
63.

38.
45.
37.
25.

9.
6.
3.
2.

61.
62.
61.
56.

31.
32.
36.
42.

2.

44.

1.

49.

1.
2.

45.
47.

55.
51.
55.
52.

6.
7.
1b.
23.

45.
61.
62.
62.

50.
31.
22.
15.

30.
28.
18.
8.

61.
6Q.
56.
63.

8.
13.
26.
28.

6

.
3.
1.
5.

62.
40.
46.
69.

32.
57.
53.
26.

11.

62.

ro

I
I
I

DATE OF
SURVEY

42

SUBVEY OF CUBBENT AGBICULTURAL CREDIT CONDITIONS* NINTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF MINNEAPOLIS
TABLE 342.2Q
EXPECTED FARE LOAN DEMAND AND REPAYMENT CONDITIONS
PERCENTAGE OF BANKS REPORTING

DATE OF
SURVEY

EXPECTED DEMAND FCP FARM LOANS IN CURRENT
QUARTER, COMPARED HITH USUAL CONDITIONS
■ON-BEAL-ESTATE LOANS

DEB1 EXTENSION
OB REFINANCING

SAME

HIGHER

LONER

SAME

HIGHER

1964-Q1...
- Q 2 ...
-Q3...
-Q4...

6.
5.
5.
4.

73.
72.
73.
64.

21.
23.
22.
32.

***
***
4.
1.

**♦
***
66.
59.

***
***
30.
40.

1965-Q1...
-Q2...
-Q3...
-Q4...

2.
3.
9.
20.

49.
47.
74.
68.

49.
50.
17.
12.

1.
1.
14.
28.

44.
51.
69.
53.

54.
48.
17.
19.

1966— Q 1. ..
-Q2...
-Q3...
— Q4...

5.
4.
♦**
14.

7278.
*•*
72-

23.
18.
*•*
14.

14.
11.
***
26.

66.
76.
•**
64.

20.
13.
***
10.

1967-Q1...
-Q2. ••
-Q3...
-Q4...

6.
3.
4.
13-

87.
76.
82.
73.

7.
21.
14.
14.

13.
3.
4.
13.

79.
81.
87.
74.

1968-Q1__
-Q2...
-Q3...
-Q4...

6.
6.
4.
7.

81.
74.
79.
80.

13.
20.
17.
13.

6.
0.
4.
12.

1969-Q1...
-Q2...
-Q3...
-Q4...

6.
4.
8.
10.

82.
75.
75.
79.

12.
21.
17.
11.

1970-Q1...
-Q2...
-Q3...
-Q4...

2.
5.
7.
8.

81.
73.
80.
79.

1971-Q1...
-Q2...
-Q3...
-Q4...

5.
3.
2.
9.

1972-Q1...
-Q2...
-Q3...
-Q4...

_LONER

|
1 ADVERSE CHANGE
EXPECTED IN
1
| FARMERS' ABILITY
| TO REPAY DEBTS
1ia IHE NEAR FUTURE
1
1
|
35.
52.
1
|
48.
|
47.
1
|
48.
|
32.
|
23.
|
22.

8.
16.
9.
13.

|
|
|
|
1
J
|
1
|

9.
21.
15.
30.

64.
70.
79.
71.

30.
30.
17.
17.

|
|
|
|

30.
35.
27.
28.

11.
5.
7.
11.

75.
75.
82.
79.

14.
20.
11.
10.

14.
20.
21.
15.

17.
23.
14.
13.

7.
6.
7.
8.

76.
78.
78.
71.

17.
15.
IS.
20.

|
|
|
|
i
|
|
|
|

76.
69.
88.
76.

19.
28.
11.
14.

3.
3.
3.
13.

71.
75.
86.
75.

26.
22.
10.
13-

|
|
|
I

26.
21.
17.
19.

3.
2.
4.
16.

85.
83.
88.
69.

12.
14.
7.
15.

7.
4.
7.
25.

77.
83.
87.
65.

16.
13.
6.
10.

14.
8.
17.
5.

1973-Q1...
-Q2...
-Q3...
-Q4...

22.
5.
5.
33.

70.
76.
81.
51.

8.
19.
14.
15.

27.
16.
15.
48.

69.
77.
80.
44.

4.
8.
5.
8.

1974-Q1...
-Q2...
-Q3...
-Q4...

36.
14.
9.
11.

59.
62.
63.
53.

6.
24.
28.
35.

46.
27.
6.
11.

50.
63.
66.
47.

4.
10.
28.
42.

1975-Q1...
-Q2...
-Q3...
-Q4...

20.
10.
7.
12.

51.
49.
70.
72.

29.
41.
23.
16.

17.
8.
4.
10.

38.
44.
71.
65.

45.
48.
25.
25.

1976-Q1...
-Q2...
-Q3...
-Q4. ..

4.
3.
9.
7.

70.
78.
65.
51.

27.
19.
26.
42.

1.
3.
5.
1.

62.
75.
55.
29.

36.
22.
40.
71-

1977-Q1...
-Q2...
-Q3. ..
“Q4...

10.
7.
8.
3.

46.
46.
61.
56.

44.
46.
31.
41.

1.
U
5.
0.

2139.
41.
34.

79.
60.
54.
66.

1978-Q1...
-Q2..•
-Q3...
-Q4...

7.
3.
4.
12.

59.
58.
69.
64.

34.
39.
27.
24.

2.
2.
10.
20.

47.
b4.
76.
62.

51.
3 5.
14.
19.

|
|
|
|
1
|
|
1
|
1
|
|
|
|
I
|
|
|
|
I
|
|
J
1
1
|
|
t
1
I
|
|
|

1979-Ql...
-Q2...
-Q3...
-Q4...

3.
3.
3.
9.

77.
66.
63.
48.

20.
30.
34.
43.

10.
8.
8.
10.

76.
76.
73.
43.

14.
17.
19.
47.

1980-01...
-Q2...
-Q3...
-Q4...

17.
18.
27.
21.

54.
45.
56.
67.

30.
38.
16.
12.

6.
9.
7.
16.

56.
38.
54.
63.

38.
53.
39.
21.

1981-Q1...

45.

46.

9.

14.

51.




i

|
|
|
1

|
|
|
|
1
35.
|
________ l..

10.
7.
***
5.

17.
15.
17.
19.

5.
3.
9.
6.
9.
24.
59.
56.
62.
63.
31.
20.
29.
34.
58.
70.
73.
66.
60.
58.
48.
33.
12.
20.
9.
15.
24.
34.
46.
83.
69.
29.
35.

43
SURVEY OF CURRENT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESERVE DISTRICT— -FEDEBAL RESERVE BANK OF HIIBEAPOLIS
TABLE 342.3Q
AVERAGE

LO A N /D EP O S IT

R A TIO ,

AND

PERCENTAGE

OF

BANKS

B EP O B TIM G

OTHER

C O N D ITIO N S

THAT

REFLECT

R E LA TIV E

CBBDIT

A V A IL A B ILITY

REPUSED OR |
(EXPECT PROBLEMS) NUMBER OF FARR LOAN BEQUESTS REFEBBED TO—
1
LOAN/DEPOSIT RATIO IS— | REDUCED A |ACTIVELY! IN MEETING
1
| AVERAGE
FARM LOAN (SEEKING | NORMAL FARM
CORRESPONDENT BANKS
MONBANK AGENCIES
DATE OF
|LOAN/DEPOS1 T|
IREQUEST IN ) §EN
| LOAN BEQUESTS
SURVEY
|
RATIO
LONER
) COMPARED NITH
HIGHER I PREVIOUS ) FARM | IN CURRENT
1 COMPARED NITH
THAN
| (PER CENT)
DESIRABLE THAN |OUARTER DUE| LOAN |QUABTEB DUE TO N O N E !
USUAL NUMBEB
NONE) USUAL HUMBER
|
DESIRED
DESIRED! TO SHORTAGE)ACCOUNTS) AVAILABILITY
1
1
1
OF FUNDS I
1LONER SAME HIGHER! __(LONER SAME HIGHER
OF FUNDS
1
L
1
***
***
*** |
1964-Q1__ j*******
*** ***
***
***
**• • **
***
***
5.
81.
5.
***
***
*** |
*** 14.
*** 12.
- ;2 .. .1 *******
6.
76.
6.
71.
13.
15.
75.
***
***
*** |
- g j.. - |*******
*** 23.
*•*
8.
6 8.
8.
68.
9.
8.
10.
82.
-Q4.._|*******
*** 20.
*** 14.
56.
4.
23.
21. |
70.
3.
737.
81.
5.
1965-Q1...|*******
-Q2... j*******
— Q 3•..)*******
-ga__ |*******

18.
20.
18.
16.

59.
65.
60.
62.

22.
15.
22.
22.

i
|
!
|

3.
2.

***
***
***
***

16.
10.
7.
15.

83.
83.
85.
80.

1.
7.
8.
5.

•*•
•**
***
*•*

7.
6.
7.
7.

72.
66.
81.
85.

20.
28.
12.
8.

1966-gl...1 *******
-Q2. . .J*******
-Q3__ j*******
-Q4...|*******

17.
20.
***
14.

70.
61.
***

|
3.
72.
3.
1
10.
7 36.
,******************************
|
13.
56.
13.

***
***
***
***

10.
5.
***
11.

83.
90.
***
82.

7.
5.
***
7.

***
***
*•*
***

11.
6.
***
9.

79.

69.

13.
19.
***
17.

84.
***
87.

10.
10.
***
4.

1967-Q1...J*******
-Q2. . . J*******
-a j__ j*******
-Q4------l *******

1620.
17.
19.

67.
60.
63.
63.

17.
20.
20.
18.

|
|
I

***
***

6.

***
**•

1968-Q1___ |*******
-Q2.. . |*******
-Qj.. . |*******
- g u . . . j*******
i
52.
1969-Q1__ |
-a2...|
56.
-gj... i
58.
-Q4...J
59.

22.
22.
11.
2 3.

65.
58.
62.
64.

13.
20.
27.
13.

1

33.
26.
1b.
13.

60.
59.

I

64.

7.
15.
20.
23.

1970-Q1...|
-Q2...I
-Q3...I
-Q4...J

56.
58.
61.
59.

18.
15.
5.
8.

62.
53.
48.
61.

20.
3347.
31.

|
1

1971-Q1. . . |
-Q2...|
-Q3___ |
-Q4...|

58.
59.
61.
60.

13.
16.
11.
17.

62.

60.
65.
67.

24.
24.
2316.

|
|
|
|

14.
9.
9.

1972-g1...|
-g2...|
~Q3...|
-Q4__ |

58.
58.
60.
59.

28.
28.
17.
23.

60.
60.
71.
71.

13.
12.
13.
6.

|
|
|
|

4.
5.

1973-Q1...1
-Q2-- |
-Q3...|
-Q4...J
1
1974-Q1...|
-Q2...I
-Q3...I
-Q4...|

58.
58.
61.
61.

32.
36.
26.
29.

62.
58.
58.
56.

6.
715.
15.

|

9.

61.
63.
63.
65-

20.
29.
13.
7.

65.
59.
60.
54.

15.
11.
27.
39.

|
|
|
|

6.

1975-Q1...1
-Q2__ |
-g3-- J
-Q4...|

64.
63.
63.
63.

10.
11.

56.
70.
74.
64.

34.
19.
21.
18.

|
|
1
|

27.
13.

1976-Q1«..|
-Q2...|
-gi.•.|
-Q4...1
1
1977-Q1-- |
-Q2..-I
- Q J __ |
-Q4...|

63.
63.
65.
66.

17.
17.
12.
19.

67.
67.
62.

16.
16.
26.
26.

|
|
|
|

5.

10.

55.

64.
63.

17.
20.
16.
12.

64.
61.
55.
53.

18.
20.

29.
35.

1
|
|
|

10.
7.
12.
11.

54.
56.
58.
58.

51.
58.
54.
48.

34.
31.
38.
46.

|
|
|
|

10.

61.

47.
46.
58.
58.

|
|
|
|

27.
32.
40.

42.

U

50.
51.
40.
40.

4.

44.

4.
8.
25.

45.
61.
66.

52.
51.
32.

|
|
|

3239.

37.

57.

66.

68.

6.
18.

1978-Q1... |
-Q2...|
-Q3...I
-Q4... |

67.
67.
70.
71.

15.
12.

1979-Q1..•!
-Q2...|
-Q3...I
-Q4...|

70.
71.
73.
79.

3.
3.

1980—g 1-..|
-Q2...I
-Q3..-I
-Q4...|

72.
72.
71.
68.

1981—Q1__ |
_1_

64.




8.

6.

2.

(w .

55.

|
|
|
|

|

|
J

|
|

|

1
|

6.
4.

7.
3.

72.
67.
71.
76.

5.
4.

11.
14.
26.
5.

61.
64.
62.
73.

6.
8.
7.
1.

5.
5.
17.
6.

95.
65.
55.
66.

4.

4.
8.
18.
15.
18.
23.
32.
22.

6.

2.
2.
2.
5.
5.

4.

18.
35.

11.

8.

7.
9.

***
***

9.
5.
3.

91.
83.
84.
91.

3.
8.
11.
6.

*••
***

9.
3.
5.
10.

86.
86.
88.

5.
11.
3.
2.

10.
2.

***
***
***
***

13.
17.
5.
10.

82.
76.
88.
84.

5.
7.
7.
6.

***
*••
***
***

6.
3.
4.
9.

83.
88.
89.
88.

11.
9.
7.
3.

77.
70.
52.
45.

1.
711.
9.

***

16.

79.
47.
61.
53.

5.
6.
3.
4.

***

4 3.
32.
37.

1 1.
4.
2.
3.

83.
61.
71.
59.

11.

47.
38.
32.
35.

10.
18.
19.
7.

37.
38.
43.
43.

55.
50.
47.
46.

3.
7.
8.
8.

23.
24.

2.
1.
1.
3.

64.
65.
66.
58.

11.
11.
12.
10.

48.
56.
57.
63.

6.
5.
5.

42.
44.

5.
8.

22.
20.

2.

16.
14.

2.

61.
66.
62.
65.

67.
69.
68.
72.

2.

1.

66.

75.
78.
71.
62.

4.
5.

2.
3.
2.
2.
8.
5.
4.
20.
30.

30.
43.
51.
61.

14.
14.

6263.
54.

4.

4.
4.
6.

4.

5.
2.

3.

43.
47.

3.
1.
6.

52.
45.
52.
45.

49.
51.
50.
52.

2.
3.
1.
4.

42.
4243.
41.

47.
42.
45.

2.
3.
2.
5.

51.

2.

4/.

4.

69.
76.
46.
27.

44.

2.

6.
5.

4.

3.
1.
4.

49.
54.
46.
*49.

7.
7.
8-

40.
45.
37.
37.

3.
2.
1.
0.

7.
9.
17.
19.

38.
43.
39.
37.

4.

37.
28.
34.
34.

0.

34.
27.

13.
23.
26.
34.
26.
43.
10.
2.

30.
29.
34.
38.

5.

37.

19.

45.

66.

10.

|

12.

27.
11.
30.
56.

5.

1

4.

59.

±

4.
3.
4.
3.
1.

49.
56.
64.
48.

3.
2.
6.
19.

24.
31.
32.
35.

1.
2.
2.

51.

24.
27.

28.
26.
30.
27.

3.

53.
60.
58.
57.

13.
12.
14.

50.
44.
48.
52.

27.
33.
28.
25.

50.
48.
58.
63.

31.
2b.
16.
15.

62.
64.
60.
54.

13.
14.
17.
19.
21.
43.
32.
11.
21.

8.
6.
6.

49.

50.

2.

6.
5.
10.
8.

1.
1.
4.

2.
1.
0.
2.

54.
54.

9.
13.
8.

22.
23.
23.
22.

51.
49.
52.
j O.

7.
7.
7.
10.

19.
23.
26.
21.

55.
59.
49.
46.

8.
12.
17.
19.

23.

14.

7.

54.
51.
52.
50.

20.
10.
4.

18.
9.
17.

0.

25.

3.

58.
47.
50.
61.

9.

52.

2.

23.

3.

53.

2.
2.

2.
20.

12.
0.
3.

6.

20.

23.
25.

1.

40.

49.
54.

4 4.

3-

22.
3.
5.

45.
39.
28.
32.

44.

9.

58.
58.
61.
54.

5.
4.
9.
7.

5.

10.

61.
62.
58.

43.
46.
48.
47.

6.

6.

6.

5.
8.
3.
2.

5.
5.
2.

42.
38.
42.
38.

54.
49.

1.
1.

35.
36.
34.
37.

46.
40.

6.

28.
30.

7.
7.
7.
6.

44 .
44.

6.
6.
36.

3.
10.
12.

30.

49.
45.

6

4.
4.

3.

20.

6.
2.

40.
47.
47.
43.

.

4.

24.
21.
28.

29.
30.
34.
37.

38.
41.

12.
14.
19.

23.

4.

92.

0.
0.

1.

0.

2.
0.
2.
2.

2.
1.

1.
3.

1.

11.

9.

16.

SORVET OF CORBEMT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESERVE DISTRICT--FEDERAL RESERVE BANK OF NINNEAPOLIS
TABLE 342-4Q
INTEREST BATES ON FARM LOANS

laosx COHHON INTEREST RATES CHARGED ON FARH LOAlNS |
(AVERAGE, PER CENT)
1
1
1
1
LONG-TERM
|
HON—REAL**BSTATE LOANS
1
REAL ESTATE
1
1
LOANS
SHORTINTERHEDIATE1
1
TERN
TEBa___
1
1
1
1
*****
*****
*****
1964-Q1__ |
1
*****
*****
1
*****
*****
*****
1
*****
*****
*****
-Q4...I
1
1
*****
*****
1965-Ql...J
1
*****
*****
*****
-Q2...|
1
*****
*****
*****
1
*****
*****
*****
-Q4..-I
1
1
1
*****
*****
*****
1966-Ql...|
1
*****
*****
*****
-Q2...J
1
*****
-Q3...I
1
*****
*****
-Q4...I
1
1
*****
*****
*****
1967-Q1...|
1
*****
*****
1
*****
*****
-C3...|
1
*****
*****
*****
-Q4...|
1
1
1
*****
*****
1968-Q1...J
1
*****
-Q2..-I
1
*****
*****
*****
-Q3...J
1
*****
*****
-Q4...I
1
1
1969— Q1...|
7.36
7.40
7. 15
I
-Q2-- |
7.66
7.44
7.62
1
7.90
8.00
7.83
-Q3...I
1
-Q4...|
8.07
8.00
8.02
1
J
1970-Q1...|
8.09
8. 19
8. 15
1
8.38
8.50
-Q2...I
8.42
1
-Q3...J
8.38
8.49
8.46
1
8.56
8.45
8.42
-Q4...I
1
1
1971-Q1__ |
8.37
8.45
8.35
1
8.19
8.28
8.06
-Q2...I
1
-Q3... |
8.16
8.27
8.00
1
8.06
8.16
8.23
-Q4-— |
1
1
8.09
8.23
1972-Q1...|
7.96
1
8.13
7.87
8.02
-Q2...I
1
8. 13
7.90
-Q3...I
8.03
1
8.15
7.91
8.02
-Q4..-I
1
t
8.06
8.20
1973-Q1•• • |
7.92
1
8.08
8.20
7.95
-Q2..-I
1
8.26
8. 18
8.05
-Q3... |
1
-Q4...|
8.67
8.43
8.55
1
1
1974-Q1...I
8.74
8.56
8.45
1
8.43
-Q2... |
8.65
8.53
1
-Q3...|
9.05
8.70
8.82
1
-Q4...|
9.04
9.33
8.91
1
1
9.00
1975-Q1...|
9.11
9.35
1
9.25
9.03
8.86
-Q2...I
1
8.88
9.00
9.23
-Q3..-I
1
8.99
9.27
8.98
-Q4...I
1
1
1976-Q1...|
9.05
9.27
9.07
1
9.09
9.30
9.08
-Q2...I
1
9.15
9.45
9. 17
-Q3..-I
1
9. 18
9.43
9. 17
-Q4...I
1
1
9.15
9.43
9. 15
1977-Q1...J
1
9.17
9.21
9.45
-Q2...I
1
9.17
-Q3...I
9.53
9.21
1
-Q4...|
9.18
9-52
9.22
1
1
1978-Q1...|
9.22
9.47
9.21
1
9. 50
9.20
9.23
-Q2...I
1
9. 71
9.47
9.38
-Q3..-I
1
9.51
9.81
9.62
-Q4-..I
1
1
1979-Q1...|
10.67
10.24
10.06
1
10.24
-Q2...I
10.39
10.82
1
10.78
11.21
10.55
-Q3..-I
1
11.80
12.27
12. 14
-Q4...1
1
1
12.43
1980-Q1..-I
13.63
13.99
J
14.08
-Q2...I
16.39
16.68
1
15.29
13. 94
15.48
1
13.9o
14.26
13. 16
-Q4...|
1
1
15.04
17.59
17.71
1981-Q1...|
1
. 1.
IDATE OF
SORVET




TRLN'D IN INTEREST RATES (PERCENTAGE OF BANKS REPORTING)
SHOBT-T EBH
NON- REAL-ESTATE LOANS

INI ER MEDIATE- TERN
LOANS
DOWN­
WARD

LITTLE
CHANGE

10.
15.
12.
5.

** *
***
*•*
***

***
***
***
***

87.
91.
87.
84.

129.
12.
15.

•••
***
***
***

**•
*•*
***
•**

0.
0.
•••
0.

68.
22.
•*•
17.

32.
78.
*•*•
83.

***
***
**•
*••

***
***
***
*•*

0.
2.
5.
1.

26.
58.
77.
75.

74.
40.
18.
24.

**•
•*•
*•*
*••

***
•*•
***
*•*

0.
0.
0.
1.

39.
43.
16.
54.

61.
57.
84.
45.

•••
••*
•*•
*••

•**
•**
**•
•••

1.
0.
0.
0.

55.
12.
8.
26.

44.
88.
92.
74.

*••
•••
•*•
***

•••
•••
*••
•••

0.
0.
1.
1.

39.
32.
61.
81.

61.
68.
39.
18.

***
•••
***
***

***
***
*•*
***

14.
46.
17.
8.

82.
53.
79.
92.

4.
1.
4.
0.

***
•*•
***
*••

***
•**
•*•
*•*

30.
26.
15.
4.

70.
74.
83.
89.

0.
0.
2.
8.

••*
*•*
***
***

*•*
•*•
*••
*••

4.
0.
1.
0.

87.
76.
60.
28.

9.
24.
39.
72.

*•*
**•
•**
•*•

•••
••*
•**
•••

0.
1.
0.
0.

58.
81.
41.
37.

42.
18.
59.
63.

**•
*•*
•*•
•••

••*
••*
*•*
*••

1
1
1
UP­ |
WARD 1
1
**** 1
**** 1
***• 1
***• 1
1
**** 1
***• 1
**** 1
**•* 1
1
**** 1
* ** * |
**** 1
**** 1
1
**•* 1
1
*•** 1
*•** 1
I
•*** 1
**•* 1
*•*• 1
**** 1
1
**•* 1
**** 1
**** 1
**** 1
1
***• 1
1
***• 1
**** 1
i
•*** I
**** I
**** 1
**** 1
1
**** 1
•**• I
**** |
*••* 1
1
**•• 1
*•** 1
*••* i
*•** 1
1
*•** 1
***• I
**•* l
•*** 1

2.
15.
17.
2.

64.
71.
71.
82.

34.
15.
11.
16.

•••
*•*
••*
***

*•*
*••
••*
**•

*•**
**••
*•••
•***

4.
11.
4.
3.

86.
78.
69.
88.

10.
11.
28.
10.

***
***
••*
*•*

***
••*
*•*
***

*•**
•••*
****
****

14.
12.
5.
1.

80.
82.
88.
87.

6.
6.
7.
12.

*•*
•*•
•••
*•*

*••
•**
*•*
•**

•••*
*•**
**•*

2.
0.
0.
0.

76.
55.
32.
20.

22.
45.
68.
80.

***
•••
•*•
*•*

*•*
•*•
*••
**•

*•**
**•*
*•**
**••

0.
0.
0.
0.

3.
16.
122.

97.
84.
88.
98.

**•
**•
***
•••

***
•**
***
**•

*•*•
***•
••**

78.
100.
4.
30.

**•
•**
*••
••*

*•*
• *•
•*•
**•

**••
•***
*•**
••••

*7.

•**

*••

*••*

DOWN HARD

LITTLE
CHANGE

6.
1.
2.
3.

84.
84.
86.
92.

1.
0.
1.
1.

0.
0.
89.
29.
1.

22.
0.
7.
•*2. •

up­
ward

REAL ESTATE
LOANS
DOWN WARD

LITTLE
CHANGE

UP­
WARD

6.
3.
1.
2.

81.
87.
89.
89.

13.
10.
10.
9.

o.
3.
3.
1-

88.
86.
85.
94.

12.
11.
12.
5.

o.
0.
***
1.

66.
26.
***
9.

34.
74.
**•
90.

2.
6.
5.
1-

18.
51.
76.
66.

80.
43.
19.
33.

1*
o.
o.
0.

19.
24.
13.
47.

80.
76.
87.
53.

0.
0.
o.
0.

53.
8.
9.
26.

47.
92.
91.
74.

1.
2.
12.

34.
39.
56.
75.

65.
59.
43.
23.

10.
44.
21.
7.

82.
53.
74.
89.

8.
3.
54.

17.
29.
18.
4.

81.
70.
79.
92.

1.
1.
3.
4.

4.
o.
1.
o.

91.
83.
70.
28.

5.
18.
30.
72.

11o.
0.

60.
85.
53.
41.

39.
14.
47.
59.

1
11 11.
1
8.
I
1.
t
1
2.
1
4.
1
3.
1
3.
1
1 13.
1 11.
1
4.
1
11
1
5.
1
o.
1
o.
1
o.
1
1
0.
1
1.
1
o.
1
1.
t
1
o.
1
0.
1 43.
1 17.
i
1
o.

74.
81.
85.
62.

25.
8.
7.
16.

90.
85.
77.
89.

8.
10.
20.
8.

84.
85.
90.
94.

2.
4.
6.
5.

83.
72.
45.
35.

12.
28.
55.
65.

18.
31.
30.
23.

82.
68.
70.
75.

39.
16.
46.
64.

61.
84.
IT.
19.

25.

75.

SDBVBI Of CO BBENT AG BI CULTOBAL CBEOIT CONDITIONS, NINTH FBDEBAL BBSEBVB DISTBICT— FEDERAL BBSEBVB BABB OF BIIIEAPQLIS
TABLE 342. 5Q
FABB BEA L E S TA TE
PEBCEM TAGE OF

L E N D IN G EX PEB IEM CE
BANKS H B P O B TIN G

DEBAND FOB FABB B EA L E S T A T E LO A N S ,
AS C C B P A B ED N I T H U S O A L C O N D IT IO N S

SOBVEl

CUBBENT
(DATE OF SOBVET)
LOBEE

SABE

EXPECTED DOBING THE
COBBENT QUABTEB
BIGHEB

HIGBEB

LON El

SABE

1964-Q1...
-Q2__
-Q3...
-Q4- —

***
12.
15.
27.

***
50.
55.
47.

***
38.
30.
26.

11.
7.
7.
12.

68.
74.

69.
64.

1965-Q1. ..
-Q2...
-Q3— .
-Q4...

8.
5.
9.
11.

54.
50.
70.
65.

38.
45.
21.
24.

6.
3.
9.
6.

65.
60.
77.
77.

29.

1966—Q1...
-Q2...
-Q3...
-Q4--

8.
5.
*♦*
17.

66.
64.
*«*
62.

26.
31.
***
21.

5.
3.
***
12.

71.
81.
•**
73.

24.
16.
***
15.

1967-Q1...
-Q2...
-Q3...
-Q4...

38.
24.
23.
24.

53.
62.
69.
64.

9.
14.
8.
12.

27.
15.
16.
15.

68.
77.
79.
82.

5.
8.
5.

1968-Q1...
-Q2...
-Q3...
-Q4—

18.
10.
23.
27.

68.
65.
65.
63.

14.
25.
12.
10.

17.
10.
23.
21.

71.
75.
72.
71.

12.
15.
58.

1969— Q1...
-Q2...
— Q3...
-Q4...

24.
32.
38.
10.

71.
58.
56.
80.

5.
10.
6.
10.

22.
28.
38.
41.

74.
6758.
53.

4.
5.
4.
6.

1970-Q1...
-Q2...
-Q3--Q4...

47.
49.
40.
46.

47.
39.
49.
48.

6.
12.
11.
6.

38.
41.
35.
33.

56.
53.
61.
63.

7.
5.
4.
4.

1971-Q1...
-Q2...
-Q3. ..
-Q4...

35.
30.
14.
18.

59.
60.
77.
73.

6.
9.
10.
8.

25.
17.
13.
15.

69.
75.
80.
77.

6.
8.
7.
8.

1972-Q1...
-Q2...
-Q3.. .
-Q4...

12.
8.
12.

81.
78.
76.
80.

6.
14.
12.
10.

11.
4.
9.
10.

85.
88.
86.
84.

4.
8.
5.
6.

1973-Ql...
-Q2. .•
-Q3.••
-Q4...

10.
4.
7.
13.

80.
77.
74.

10.
19.
14.
13.

8.
6.
7.
15.

86.
83.
87.
74.

11.
7.
11.

1974-Q1...
-Q2...
-Q3..-Q4...

20.
13.
24.
25.

74.
69.
66.
65.

7.
18.
10.
10.

21.
14.
18.
24.

76.
76.
77.
67.

10.

1975-Ql...
“Q2-•.
-Q3...
-Q4...

26.
27.
23.
17.

58.
55.
64.
73.

16.
18.
14.
10.

25.
20.
17.
15.

59.
63.
74.
74.

16.
189.
11.

1976-Q1...
-Q2--Q3...
-Q4...

22.
10.
18.
15.

67.
71.
66.
70.

11.
19.
15.
15.

137.
14.
14.

75.
81.
72.
68.

12.
12.
14.
18.

1977-Q1..,
-Q2...
-Q3. ••
-Q4...

16.
14.
19.
15.

65.
55.
56.
62.

19.
31.
25.
23.

13.
14.
17.
13.

60.
56.
60.
66.

26.
30.
23.
21.

1978-Q1...
-Q2...
-Q3...
-Q4...

20.
19.
10.
13.

56.
63.
71.
73.

24.
18.
19.
14.

16.
17.
11.
10.

58.
72.
77.
78.

26.
12.
12.
12.

1979-Q1...
-Q2...

19.
15.
15.
20.

69.
82.
76.
72.

12.
3.
9.
7.

18.
13.
11.
19.

74.
78.
83.
72.

8.
8.
6.
9.

1980-Q1.,-Q2...
-Q3...
-Q4...

41.
50.
66.
55.

55.
36.
29.
39.

3.
14.
5.
6.

32.
39.
53.
34.

58.
41.
35.
58.

10.
19.
12.
8.

1981-Ql...

63.

34.

3.

56.

37.

8.

10.




80.

21.
19.
24.
24.
37.
14.
17.

3.

6.

3.
10.

5.

SOBYBI OF COBBBIX AGBICOLTOBAL CBBDIT COIDITIOIS, HIITH FBDEBAL BESBBVE DISTRICT— FEOEBAL BESEBYB BAMK OF HINNBAPOLIS
XABLB 342*6Q
FABHEBS* EABBIBGS ABO SPEIDIMG, COHPABED WITH PBBTIOUS YEAH
PEBCEITAGE OF BAIKS BEPOBIIBG
1
1
|
I
1
1
1964-Q1...I
-Q2-- |

DATE OF
SGBVEX

EM.

SPEEDING BY FABHEBS FOB ALL ITEHS

VINGS OF BAIKS* FABfl COSTOHEBS

COBBBIX (DATE OF SOBVBT)

EXPECTED II C0BBEI1 QOABTEB

iOBBfi

8A BE

fllGBEB

LOB KB

SAKE

5466.
76.
66.

16.
16.
23.
2 1.

30.
18.
1.
13.

45.
58.
63.
65.

42.
38.
33.
25.

13.
4.
4.
10.

74.
59.
18.
15.

21.
29.
27.
14.

5.
12.
55.
71.

52.
35.
7.
13.

40.
48.
33.
16.

8.
17.
60.
71.

-Q3. .. |
-Q4...I

17.
7.
***
7.

16.
16.

10.
2.
***
1.

26.
26.
*•*
23.

64.
72.

18.

67.
77.
***
75.

1967-Q1...|
-Q2..-I
-Q3... |
-Q4.— 1

14.
41.
32.
29.

17.
36.
53.
34.

69.
23.
14.
37.

12.
39.
16.
43.

1968-Q1...|
-Q2...|
“Q3-.-I

55.
46.
28.
29.

29.
41.
53.
39.

16.
13.
19.
32.

1969-Q1...|
-Q2...I
-Q3...J
-Q4... |

16.
17.
12.
13.

45.
44.
30.
34.

1970-Q1...|
-Q2..-I
-Q3...|
-Q4...I

8.
5.
15.
35.

1971— Ql...|
-Q2...I
-Q3-.-I
-Q U m m m |
1972-Q1... 1
-Q2.-.I

-Q4..-I
1965-Q1...J
-Q3...|
-Q4...|
1966-Q1...|

-Q4..-1

HISSES _

COBBEIX (DATE OF SUBVET)

EXPECTED IN COBBEIT QOABTEB

10 WEB _SAHE_ _HIGHSS

LOHEB

SAME

BIGBBB

27.
42.
37.

***
59.
49.
50.

***
14.
8.

***
3244.
50.

♦**
56.
43.
37.

***
12.
13.
13.

44.
50.
24.
11.

46.
40.
52.
50.

10.
10.
24.
39.

47.
44.
13.
13.

43.
46.
56.
40.

10.
10.
31.
47.

***

13.

*•*

***

13.
7.

47.
59.

40.
34.

*•*

***

13.
2.

48.
57.

39.
41.

76.

3.

60.

37.

10.

42.

48.

51.
49.
54.
43.

37.
12.
30.
14.

8.
22.
14.
17.

56.
56.
62.
59.

36.
22.
24.
24.

8.
19.
12.
15.

64.
58.
61.
65.

28.
23.
27.
20.

41.
26.
26.
26.

54.
64.
55.
46.

5.
10.
19.
28.

22.
30.
12.
16.

59.
55.
68.
65.

19.
15.
20.
19.

26.
27.
13.
18.

63.
56.
71.
62.

11.
17.
16.
20.

39.
39.
58.
53.

12.
11.
14.
11.

69.
60.
39.
45.

19.
29.
47.
44.

12.
16.
14.
18.

67.
63.
66.
64.

21.
21.
20.
18.

6.
11.
18.
17.

76.
65.
58.
62.

18.
24.
24.
21.

32.
34.
64.
48.

60.
60.
21.
18.

7.
9.
15.
27.

59.
56.
60.
56.

35.
35.
25.
16.

13.
23.
19.
27.

67.
63.
58.
64.

20.
15.
23.
9.

16.
18.
17.
28.

64.
66.
66.
61.

19.
15.
18.

52.
33.
15.
13.

33.
55.
70.
50.

15.
13.
15.
38.

51.
24.
4.
16.

42.
66.
62.
45.

8.
10.
33.
39.

36.
28.
11.

10.

54.
58.
65.
70.

10.
14.
24.
19.

42.
23.
7.
9.

51.
58.
70.
67.

8.
19.
23.
23.

17.
9.
4.
1.

39.
42.
41.
21.

45.
50.
54.
79.

9.
5.
4.

61.
63.
49.
24.

30.
32.
47.
75.

10.
6.
8.
4.

69.
75.
74.
69.

22.
19.
18.
27.

12.
8.
6.
1.

72.
74.
75.
60.

16.
18.
19.
38.

2.

86.
94.
79.
97.

1.
2.
2.

21.
16.
26.
5.

79.
83.
72.
93.

1.
0.
1.
0.

52.
39.
46.
31.

47.
61.
53.
69.

0.
1.

2.

45.
58.
51.
76.

1.
0.

•**

•**

•**

11.

1973-Q1...J
-Q2...1
-Q3...I
-Q4...I

1.

1.
0.

12.
6.
20.
3.

1.

53.
43.
48.
23.

1974-Q1...|
“Q2* ••1
-Q3..-I
-Q4..-I

1.
11.
59.
62.

7.
19.
21.
20.

93.
70.
20.
17.

3.
25.
66.
68.

18.
36.
24.
19.

78.
39.
10.
13.

2.
2.
11.
27.

24.
31.
38.
42.

74.
66.
51.
31.

3.
4.
19.
38.

33.
26.
36.
31.

64.
69.
45.
31.

1975-Q1...(
-Q2...J
-Q3...I
-Q4..-I

67.
81.
56.
19.

24.
16.
34.
52.

9.
3.
10.
29.

70.
78.
52.
20.

21.
19.
33.
50.

10.
3.
15.
30.

42.
55.
31.
20.

35.
28.
37.
57.

23.
17.
31.
23.

50.
52.
29.
18.

28.
26.
40.
56.

22.
22.
31.
26.

1976-Q1... |
”Q2. .. |
-Q3-..I
-Q4...|

47.
41.
51.
80.

34.
48.
37.
13.

19.
11.
12.
7.

43.
31.
55.
79.

38.
60.
31.
15.

19.
10.
14.
7.

25.
25.
41.
51.

60.
59.
43.
37.

15.
16.
15.
12.

29.
24.
48.
63.

58.
59.
39.
29.

13.
17.
12.
8.

1977-Q1...|
-Q2...I
-Q3...I
-Q4...J

86.
78.
67.
56.

20.
27.
26.

11.

3.
1.
5.
18.

78.
61.
54.
48.

17.
35.
24.
28.

6.
4.
22.
24.

73.
68.
45.
46.

20.
27.
41.
40.

7_
5.

14.
15.

75.
63.
44.
50.

16.
31.
44.
35.

10.
7.
13.
15.

1978-Q1...|
-Q2. . . |
-Q3...I
-Q4— I

46.
36.
5.
6.

28.
28.
25.
26.

26.
36.
70.
68.

41.
21.
4.
8.

36.
38.
22.
25.

23.
40.
75.
67.

51.
36.
2.
7.

39.
48.
56.
55.

10.
16.
42.
38.

55.
31.
2.
7.

32.
48.
53.
50.

13.
21.
45.
42.

1979-Ql... |
-Q2...I
-Q3...|
-Q4...I

3.
3.
6.
17.

14.
19.
26.
40.

83.
78.
69.
43.

3.
6.
19.

1.

29.
31.
34.
40.

71.
66.
60.
42.

6.
9.
5.
12.

50.
46.
43.
47.

45.
45.
52.
41.

5.
5.
5.
15.

52.
47.
41.
40.

43.
48.
54.
45.

1980-Q1...t
-Q2...1
-Q3...I
-Q4...|

31.
56.
85.
42.

36.
34.
13.
34.

33.
9.
2.
24.

31.
66.
84.
39.

42.
30.
13.
28.

27.

4.

3.
33.

26.
57.
68.
54.

45.
20.
22.
30.

29.
23.
9.
1o.

30.
51.
69.
46.

40.
18.
22.
34.

31.
30.
9.
21.

1981-Q1.

47.

21.

32.

40.

24.

36.

60.

2 9 .

11.

b4.

26.

10.

. . \

1

__________________ _____




47

QUARTERLY SURVEY OF AGRICULTURAL CBEDIT CONDITIONS, IKITH FBDEfi&L RESBBVE DISTRICT— FBDEB1L BESERVB BAIK OF KANSAS CITY
TABLE 343. IQ
CURRENT FARH MOM-HEAL-ESI AT I LESD IIG EXPERIEN CE, COHPABED B ITS A IEAB
PEBCENTAGE OF BANKS BEPOBTING
1
|
|
1

DATE OF
SURVEY

1 9 7 6 - Q 1 ...|
- Q 3 ..- I
-Q 4 ...|

FUND A V A IL A B IL IT Y

DEHAND FOB LOANS

LOAN BEPAYHBNT RATE

BENEBALS OB EXTENSIONS!

COLLATERAL REQUIRED

LONEB

SAHE

HIGHER

|

LONER

SAHE

HIGHER

15.
9.
7.
1.

12.
8.
4.

31.
3 8.
3 1.
5 4.

|
|
|
I

2.
1.
2.

5.

5 7.
54.
6 4.
42.

6 8.
74.
7 1.
6 4.

3 0.
2 5.
27.
36.

3 0.
29.
32.

2.
5.
4.
5.

1.
3.
2.
3.

33.
3 2.
2 8.
3 2.

66.
66.
69.
6 5.

|
|

1.
1.

|

1.
0.

59.
5 7.
58.
5 9.

4 0.
4 3.
41.
41.

6 4.
68.
6 8.
6 8.

34.
32.
3 0.
31-

7 4.
6 6.
70.
62.

2 5.
33.
2 9.
37.
38.
58.
4 4.
36.
3 7.

LOBEfi

SAHE

HIGHEB

LONER

SAHE

HIGHER

LOBBR

SAHE

13.
4.
6.

34.
4 0.
3521.

53.
55.
60.
72.

14.
19.
17.

39.

49.
51.
50.
44.

37.
30.
33.
17.

34.
3126.
56.

51.
60.
6 7.
43.

70.
67.
66.
6 2.

3 5.
3 8.
4 1.
37.

43.
49.
45.
49.

22.
13.
14.
15.

68.
6 4.
67.
63.

30.

6.

EAHLIBH

HIGHER

0.

1 9 7 7 - Q 1 ...|
“ Q 2 - ..I
—Q 3 ...)
-Q 4 ----I

5.
3.
5.

2 6.
29.
2 8.
33.

1978—Q 1 . . . |
- Q 2 ...1
-Q 3----J
-Q 4 ..-I

1311.
13.
10.

44.
4 6.
4 6.
3 8.

44.
43.
41.
5 2.

19.
17.
2 0.
2 6.

54.
54.
46.
4 8.

27.
2 9.
34.
26.

52.
34.
2 7.
16.

35.
49.
52.
59.

13.
18.
2 1.
24.

10.
8.
15.
18.

3 8.
54.
57.
6 5.

5 2.
37.
28.
18.

1 9 7 9 - Q 1 .. .j
-Q 2 -..1
-Q 3 ...1
-Q 4 ...I

17.
13.
11.
10.

4 1.
39.
3 4.
4 5.

41.
48.
5 6.
45.

2 1.
22.
2 7.
32-

4 9.
49.
40.
4 5.

30.
28.

12.
10.

33.

8.

2 3.

16.

53.
63.
70.
68.

34.
27.
2 2.
16.

2 7.
2117.
14.

58.
6 4.
7 1.
68.

15.
15.
12.
18.

|

1.

1 9 8 0 - Q 1 ...|
-Q 2 ...I
- Q 3 ...1
-Q 4 ...I

16.
38.
3 9.
3 5.

4 1.
32.
4 2.
4 7.

43.
29.
19.
19.

2 9.
4 2.

23.
16.
3 2.
40.

2 3.
4 1.
32.
2 7.

6 2.
46.
59.
59.

15.
13.
9.
13.

15.
6.
7.
13.

5 5.
5 1.
57.
5 8.

30.
42.
36.
30.

I
|

1.
0.

|
|

1.

11.

4 8.
42.
56.
4 9.

0.

6 1.
42.
56.
6 4.

1 9 8 1 - Q 1 ...|

36.

4 7.

18.

8.

50.

4 2.

32.

56.

12.

10.

57.

33.

I

1-

62.

6.

12.

|
|

|

1.
0.

|
1

2.

|
1
|

1.
1.
1.

1.

____________ L_

QUARTERLY SURVEY OF AGBICULTOBAL CBEDIT CONDITIONS, TENTH FEOEBAL RESERVE D IS IB IC T — FEDEBAL BESEBYE BANK OF KANSAS C IT Y
TABLE 3 4 3 .2Q
AVEBAGE LOAN/DEPOSIT BAT1 0, AND PEBCENTAGE OF BANKS BEPOBTING OTHEB CONDITIONS THAT BEFLECT R ELA TIV E CBEDIT A V A IL A B IL IT Y
REFUSED OB )
NUHBBB OF FABH LOAN
I
LOAN/DEPOSIT BATIO IS —
REDUCED A |A C TIV ELY
|
AVEBAGE
FABH LOAN |SEEKING
CORBESPONDENT BANKS
DATE OF
1LOAN/DEPOSIT
LONER
HIGHER
REQUBST IN 1 NEB
SOBYEY
4
BATIO
THAN
AT
THAN
PREVIOUS
)
FABH
1 COHPABED NITH
1 (PEB CENT)
DESIRED
DESIBED
DESIBBD QUABTEB DUE|
LOAN
NONEJ
USUAL NUHBBB
LEVEL
LEVEL
LEVEL
TO SHOHTAGBIACCOUNTS
.Q f.FgNfiS.
1
1
1
5 6.
3 7.
|
12.
13.
1 51.
58.
19.
6 2.
19.
1 5 1.
• 0 1 --.1
- Q 2 ... I
57.
3 4.
|
14.
1 54.
12.
51.
| 48.
13.
69.
18.
- Q 3 ... J
5 9.
|
4 9.
3 9.
1
11.
12.
51.
| 4 7.
16.
19.
6 5.
62.
J
40.
0 4 ...|
10.
2 0.
3 5.
9.
5 1.
1
69.
21.
I 5 2.
1
61.
21.
48.
1
6 4.
23.
37.
7.
29.
I
3 1.
I 3 9.
Q 1---1
I
36.
12.
6 2.
5 2.
|
223 0.
| 4 0.
10.
27.
6 3.
•Q2-— 1
■ Q3... i
65.
!
28.
12.
5 9.
|
2 6.
6 4.
3 1.
8.
2 8.
1 37.
65.
17.
5 2.
|
2 6.
26.
•Q4— - |
10.
1 31.
58.
32.
1 «1.

BEQUESTS BEFEBBED TO—

1

4

NONBANK AGENCIES
| COHPABED BITH
NONE|
USUAL NUHBBB

I__________________

JL

Q 1 ---I
0 2 ... |
■ Q3-..I
Q 4 ... 1

62.
62.
63.
64.

|
|
1
|

4 0.
3 9.
93.
4 2.

16.
15.
14.
15.

44.
46.
43.
43.

I
I
|
|

2 1.
15.
13.
18.

31.
3 9.
35.
3 4.

I
|
1
|

4 3.
3 6.
3 9.
40.

12.
10.
2 0.
19.

65.
73.
66.
66.

23.
17.
15.
16.

-QT----|
Q 2 - ..I
0 3 ...|
0 4 ...|

62.
63.
64.
64.

!
I
I
1

3 8.
42.
4 2.
35.

18.
11.
14.
9.

43.
4 7.
4 4.
56.

|
|
|
|

14.
18.
18.
21.

37.
35.
37.
34.

|
|
|
|

4 0.
40.
4 0.
4 4.

18.
16.
14.
13.

68.
62.
65.
61.

14.
2 2.
2 1.
26.

01 — -1
■ Q2...I
0 3 ... |
•OH— -1

6 3.
64.
6 3.
60.

|
I
1
1

3 8.
2 9.
41.
52.

11.
11.
21.
14.

51.
60.
38.
34.

1
|
t
|

2 2.
32.
18.
8.

32.
17.
27.
44.

1
|
|
i

4 3.
44.
48.
4 7.

17.
16.
19.
23.

59.
6 2.
70.
65.

25.
22.
11.
13.

Q 1 ...I
______ 1__

59.

1 5 4.
_________

15.

3 2.
t
_________ L

10.

43.

1 5 1.

18.

7 4.

8.




-■ t e Q M 8 3 .S M f i..S I< r W

I
1
1
1
1
I
1
1
1
I
!
1
1
1
1
t
1
1
1
1
I
I
1
1
1
1
1
I

4 1.
4 5.
4 4.
4 6.

12.
10.
13.
9.

63.
7 0.
6 9.
66.

26.
20.
19.
25.

39.
37.
3 6.
32.

5.
6.
5.
5.

61.
57.
58.
50.

34.
37.
37.
45,

3 6.
3 4.
3 7.
36.

7.
13.
14.
13.

4 4.
4 9.
5 8.
57.

49.
38.
29.
29.

33.
3 1.
31.
3 5.

13.
13.
13.
12.

5 3.
50.
5 6.
5 4.

34.
37.
31.
34.

35.
24.
35.
4 2.

13.
5.
12.
14.

5 7.
5 1.
5 9.
6 2.

30.
44.
29.
24.

37.

17.

5 8.

26.

48
QOABfSBLI SUBVBI Of AGBICDLTOBAL CBEDIT CONDITIONS, TENTH FEDERAL BESEBVE DI ST R I C T — FE DE RA L BESEBVE BANK Of KANSAS C U T
TABLE 343.3Q
HOST COHHOM INTEREST BATES CHAB6ED ON FABH LOANS
(AVERAGE, PER CENT)

1
I
|
1
1
1976-Q1. . . 1
-Q 2 ..-I
-Q 3 ..• |

DATE OF
SOBVEI

OTHBB
OPBBATING
LOANS

FEEDER CATTLE
LOANS

LONG-TEEN
BEAL ESTATE
LOANS

IN TEBHEDIATE-TEBH
(1 TO 7 IEABS)
LOANS

8.93

9 .1 5
9 .2 1
9 .1 6
9 .2 2

9 .1 0
9 .1 7
9 .1 9
9 .2 2

8 .9 5
8 .9 6
8 .9 8
8 .9 8

9 .2 3
9 .3 3
9 .3 4
9 .3 2

9 .2 3
9 .2 5
9 .2 5
9 .2 2

-Q 4 ..- I
1
1 9 7 9 - Q 1 .. .|
-Q 2 ...I
-Q 3 ---- |
-Q 4 ...|

8 .9 0
8 .9 4
9 .0 7
9 .2 7

9 -0 3
9 .0 6
9 .2 2
9 .4 0

9 .3 5
9 .3 8
9 .5 4
9 .8 0

9 .2 3
9 .2 9
9 .4 6
? . o4

9 .8 8
1 0 .2 0
1 0 .4 5
1 1.52

9 .9 5
1 0 .2 8
11.09
1 1.59

1 0 .2 4
1 0 .6 2
1 0.80
11.81

10.03
10.30
10.51
11.31

1 98 0-Q 1 . . . ]
-Q 2 ...I
“ Q 3 - ..I
- Q 4 .. . |

12.99
1 6.53
1 4 .0 4
1 3.96

1 3 .0 6
1 6 .5 5
1 4 .1 2
1 4 .0 6

13.11
1 6 .8 6
1 4 .1 8
1 4 .2 4

1 2.37
1 5.88
1 3 .0 3
1 3.98

1 9 8 1 - Q 1 .. .I
___________ 1—

1 6 .9 5

1 7 .0 6

16.61

1 5.95

1 9 7 7 - Q 1 ...|
-Q 3 ...I
-Q 4 ...1
1 9 7 8 - Q 1 .. .I
-Q 2 ...|

8 .7 7
8 .8 1
8 .7 8
8 .8 2

8 .9 2
8 .9 1
8 .8 9

8 .8 4
8 .8 4
8 .8 4
8 .8 7

QOABTEBLI SURVEY OF AGBICOLTOBAL CBEDIT CONDITIONS, TENTH FEDEBAL BESEBVE D IS TB IC T — FBDEBAL BESEBVE BANK O f KANSAS C IT T
TABLE 3 4 3 .4Q
FABH BEAL ESTATE VALDES
HABKET VALUE O f GOOD fABHLAND
DOLLABS PEB ACRE
|
|
IBBIG ATED
BANCHLAID
1 NONIBBIGATBD
CBOPLA1D
CBOPLAND
•
1
1
2 34 .
1 9 7 6 - Q 1 ...j
469 .
8 23.
2 54 .
884.
4 91 .
“ Q 2 - ..I
497.
9 14 .
253.
-Q 3 ...I
-Q 4 ...|
9 91.
259 .
528.

DATE OF
SOBVEI

PERCENTAGE CHANGE FBOH PBEVIOOS QOABTBB
NONIBBIGATBD
CBOPLAND

IBBIG ATED
CBOPLAND

4 .6
1 .2
6 .2

7 .4
3 .5
8 .4

****
8 .4
- 0 .3
2 .5

BANCHLAND

PERCENTAGE CHANGE FBOH PBEVIOOS IBAB
NONIBBIGATBD
_ CBOPLAND

IB B IG A T ED
__ CBOPLAND

****
00*0
0000
*000

0000
*000
000*
0000

*000
0*00

RANCBLANO
*•**
*•**

1 9 7 7 -Q 1 .— |
-Q 2 ...I
-0 3 ... |
- Q 4 ...|

519 .
530.
533.
518.

977 .
980.
984.
961 .

2 61 .
2 72 .
271.
2 64 .

-1 .7
2 .2
0 .5
-2 .8

-1 .5
0 .4
0 .3
-2 .3

0 .6
4 .2
-0 .4
-2 .6

1 0 .6
8. 1
7 .3
-1 .9

1 8 .7
1 0.9
7 .6
- 3 .0

1 1.5
7 .1
7 .0
1 .7

1 9 7 8 - Q 1 ...
-Q 2 . —
-0 3 ...
-0 4 .—

|
|

530.
546.
561.
591.

9 80 .
9 70 .
1007.
1066.

2 64 .
2 70 .
2 80 .
295.

2 .3
3 .1
2 .8
5 .3

2 .0
- 1 .0
3 .7
5 .9

0 .0
2 .4
3 .6
5 .4

2. 1
3 .0
5 .4
1 4.2

0 .4
-1 .0
2 .3
1 0 .9

1 .2
-0 .6
3 .4
11.9

1979-Q1— . |
-Q 2 ...I
- 0 3 ...|
- Q 4 ...1

6 15 .
672.
6 95 .
721.

1114.
1181.
1316.
1296.

297.
3 34 .
335 .
348 .

4 .1
9 .2
3 .4
3 .8

4 .5
6 .0
11.5
- 1 .5

0 .8
1 2 .5
0 .2
3 .9

1 6 .2
2 3 .0
2 3 .8
2 1 .9

1 3 .7
2 1 .7
3 0 .8
2 1 .6

1 2 .6
2 3 .7
19.8
18.1

1 9 8 0 - 0 1 ...|
- 0 2 ...|
-0 3 ... |
-Q 4 .. . J

739.
7 38 .
7 22 .
7 78 .

1273.
1263.
1254.
1304.

357.
357.
3S3.
371.

2 .5
-0 .1
- 2 .2
7 .8

- 1 .8
- 0 .9
- 0 .7
4 .0

2 .6
-0 .1
-1 .2
5 .3

2 0 .1
9 .9
3 .9
7 .9

1 4 .3
6 .9
- 4 .7
0 .6

2 0 .2
6 .8
5 .2
6 .6

1 9 8 1 -Q 1 .••1
___________ L.

8 06 .

1334.

388.

3 .5

2 .3

4 .6

9 .0

4 .8

8 .6

|
|




49
QUARTERLY 5UBV2Y OF AGRICULTURAL CREDIT CONDIIIONS, ELEVENTH FEDERAL RESERVE DISTRICT-FEDERAL RESERVE BANK OF DALLAS
TABLE 344.IQ
CURRENT FARM NO N- BEAL-ESTATE LE ND IN G EXPERIENCE, COMP AR ED WITH USUAL C O ND IT IO NS
PEBC EN TA GE OF BANKS BEPOBTING
1
|
t
1
1
1975-Q3.. . |
-Q4... I

DATE OF
SOBVBY

DEMAND FOB LOANS
LONER

SAME

2D21-

50.
58.

30.
21.

1976-Q1...|
-Q2-..I
-Q3, . . |
-Q4.-.I

16.
17.
6.
7-

5355.
54.
46.

31.
28.
40.
47.

1977-Q1...|
- Q 2 ---1
-Q 3---1
-Q4.--I

14.
7.
5.
3.

51.
53.
43.
42.

35.
40.
52.
55.

1978-Q1___|
- C 2 ---!
- Q 3 ---|
-Q4...I

8.
6.
4.
6.

45.
52.
47.
46.

47.
4248.
48.

6.
11.
12.
14.

43.
46.
54.
52.

49.
43.
34.
34.

1980-Q1...1
-Q2- . . J
-Q3.. . |
-Q4..-1

23.
46.
38.
23.

52.
39.
46.
55.

25.
14.
16.
22.

19 81 -Q 1___|
1.

39.

45.

16.

19 7 9 - Q 1. . . |
-Q 3---|
“ Q4...|

I

HIGHER

FUND AVAILABILITY

1 LONER
|
1
12.
1
11.
I
1
7.
1
7.
1
7.
1
14.
J
1
15.
1
12.
1
15.
1
19.
1
1
20.
i
17.
1
28.
1
38.
1
1
40.
1
38.
1
37.
1
35.
1
1
20.
1
35.
J
16.
1
11.
1
i
14.
1
__1_

LOAN BE PA YH EM T RATE

SAME

HIGHER

LONER

SAME

50.
59.

38.
30.

37.
25.

57.
64.

58.
58.
68.
62.

36.
36.
25.
24.

28.
2115.
28.

51.
54.
6363.

34.
34.
22.
18.

65.
65.
57.
48.

HIGHER

RENENALS OB EXTENSIONS
LONER

SAME

HIGHER

612.

6.
15.

48.
50.

47.
35.

65.
73.
78.
69.

7.
6.
7.
4.

1 1.
7.
b.
5.

55.
66.
74.
69.

28.
26.
31.
38.

66.
67.
66.
59.

5.
7.
3.
3.

6.
5.
4.
4.

15.
17.
14.
14.

49.
36.
25.
29.

49.
61.
72.
61.

3.
4.
4.
9.

46.
50SI.
50.

13.
12.
1 1.
15.

28.
19.
18.
14.

61.
69.
66.
66.

63.
53.
58.
57.

17.
13.
26.
33-

16.
28.
27.
39.

57.

29.

45.

COLLAT ER AL BEQUIBBD
SAME

HIGHER

0.
1.

54.
61.

46.
38.

34.
27.
20.
26.

1.
0.
1.
0.

63.
68.
71.
68.

37.
32.
28.
32.

59.
59.
65.
52.

33.
35.
31.
44.

1.
0.
1.
1.

74.
70.
62.
68.

25.
30.
38.
32.

4.
4.
7.
10.

44.
55.
62.
60.

52.
41.
31.
30.

0.
1.
0.
1.

62.
59.
63S<'.

38.
40.
37.
41.

11.
12.
16.
20.

14.
14.
13.
21.

37.
60.
66.
64.

29.
27.
20.
15.

1.
1.
0.
0.

64.
56.
63.
53.

35.
43.
37.
42.

68.
64.
69.
56.

16.
9.
4.
5.

20.
13.
8.
7.

60.
60.
63.
56.

21.
28.
29.
37.

1.
2.
1.
1.

63.
36.
62.
62.

36.
62.
37.
37.

51.

4.

7.

48.

45.

1.

59.

40.

LONER

QUARTERLY SURVEY OF AGBICUL20BAL CREDIT CONDITIONS, ELEVENTH FEDERAL RESERVE D I S T RI CT— FEDERAL RESERVE BANK OF DALLAS
TABLE 344.2Q
FARM NON-BEAL— ESTATE LOAN VOLUME EXPECTED DUBING THE CURRENT QUARTER, CO MP A R E D HITH VOLUME OF LOANS HADE A YEAR EARLIER
PE BC EN TA GE OF BANKS BEPOBTING
10TAL
1
|
| LOBEB SAME HIGHER
1
1
1975-Q3.. . | 26.
41.
33.
- Q 4 . . . | 23.
55.
23.

DATE OF
SURVEY

FEEDER CATTLE

DAIBY

CR OP STORAGE

OPER AT IN G

LONER SAME HIGHER

LONER SAME HIGHER

LONER SAME HIGHER

LONER SAME HIGHER

FARH MA CH IN ER Y
LONER SAME HIGHER

54.
38.

30.
42.

16.
20.

34.
31.

59.
64.

6.
5.

15.
16.

55.
62.

30.
22.

13.
15.

36.
49.

52.
36.

29.
15.

42.
50.

30.
36.

1976-Q1... |
-Q2.. . |
-Q3..-I
— Q4-..I

13.
11.
7.
14.

51.
52.
51.
44.

36.
37.
41.
42.

28.
30.
27.
41.

45.
55.
55.
46.

27.
15.
17.
13.

21.
18.
21.
17.

71.
76.
72.
75.

8.
6.
8.
8.

17.
11.
14.
13.

57.
75.
59.
58.

26.
15.
26.
29.

7.
7.
7.
10.

43.
46.
45.
43-

50.
47.
48.
47.

10.
16.
14.
16.

57.
50.
52.
49.

33.
34.
35.
36.

1977-Q1... |
-Q2...I
- Q 3. • . |
-Q4...I

11.
7.
11.

50.
47.
50.
46.

39.
46.
44.
43.

27.
24.
23.
18.

57.
62.
59.
59.

15.
14.
18.
23.

14.
1215.
18.

8182.
73.
75.

5.
7.
13.
7.

9.
12.
11.
15.

61.
67.
56.
54.

30.
22.
33.
31.

85.
3.
11.

44.
38.
40.
42-

48.
57.
56.
47.

15.
14.
15.
30.

50.
48.
47.
43.

35.
38.
38.
27.

1978-Q1...I
-Q2.. • I
-C3...J
—Q 4 . - . 1

9.
11.
6.
14.

44.
47.
50.
43.

47.
42.
44.
43.

13.
18.
11.
16.

60.
46.
56.
45.

27.
36.
32.
39.

15.
14.
15.
18.

77.
72.
72.
73.

814.
14.
9.

10.
11.
13.
12-

57.
61.
57.
60.

33.
28.
30.
28.

6.
5.
11.

44.
36.
44.
46.

49.
54.
51.
43.

31.
28.
23.
20.

45.
48.
47.
51.

24.
24.
30.
29.

1979-Q1...J
-Q2...1
-Q3. . . J
—Q4___|

15.
18.
23.
20.

45.
48.
52.
53.

40.
34.
25.
27.

18.
22.
29.
19.

47.
51.
55.
60.

35.
27.
16.
21.

12.
19.
17.
16.

78.
73.
71.
72.

10.
8.
12.
12.

11.
21.
13.

61.
77.
70.
66.

21.
13.
9.
21.

10.
14.
19.
11.

40.
41.
44.
51.

50.
45.
36.
39.

22.
18.
14.
19.

51.
48.
54.
45.

27.
33.
33.
36.

1980-Q1___l
-Q2...I
-Q3.. . |
-Q4..-I

24.
53.
29.
19.

50.
36.
51.
56.

26.
11.
20.
25.

33.
67.
35.
31.

51.
33.
56.
58.

1b.
1.
9.
11.

21.
46.
24.
19.

68.
47.
67.
67.

11.
7.
10.
14.

22.
41.
22.
21.

65.
52.
67.
63.

13.
7.
11.
15.

21.
34.
13.
11.

39.
40.
5247.

40.
26.
34.
42.

22.
52.
34.
27.

44.
35.
53.
56.

34.
13.
14.
18.

1 9 8 1 -Q 1 ... i
_____________L

31.

48.

21.

43.

49.

8.

28.

63.

10.

27.

59-

14.

21.

45.

34.

41.

42.

17.

6.




Id.

L

_ _

10.

l

|

J____

50

QUARTERLY SOBYEX Of AGRICULTURAL CBEDIT CONDITIONS, ELEVENTH FEDEBAL BESEBVE DISTRICT— FEDERAL RESERVE BANK OF DALLAS
TABLE 344.3Q

AVEBAGE L0AM/D EP 0S 1T RATIO, AND PERC EN TA GE OF BANKS RE PORTING OTHER C O ND IT IO NS THAT REFLECT RE LA TI VE CR ED IT AV AILABILITY
NUMBER OF FARM LOAN REQUESTS RE FERRED TO—

REFUSED OR I
REDUCED A !ACTIVELY
FARH LOAN |SEEKING
REQUEST IN | NEM
PREVIOUS
J FARH
HIGHER
QUARTER DUE|
LOAN
THAN
DESIRED TO SH OR TA GE)ACCOUNTS

LO AN /D EP OS IT RATIO IS—
AVEBAGE
LO AN /D EP OS IT
BATIO
(PER CENT)

DATE OF
SURVEY

1
1975 -Q 3.. . |
-Q4...J

1

19 7 6 - Q 1. ..J

-Q3.— I
1977-Q 1.... |
-Q2...I

1
|
|
1
1
1
|
|

5855.
54.
55.
58.
60.

-Q4..-I

57.
58.
62.
63.

1978-Q1...|
-Q2..-I
-Q3...J
-Q4..-I

60.
59.
62.
63.

1979-Q1...|
-Q2...I

6 0.

LONER
THAN
DESIRED

1
|
|
1
I
|
I
I
I
1
|
|
1
1
I
I
I

55.
55.

20.
16.

37.
37.
26.
24.

46.
48.
56.
50.

17.
15.
19.
26.

25.
31.
22.
21.

59.
53.
53.
52-

16.
17.
26.
28.

21.
2 5.
21.
15.

56.
51.
47.
54.

23.
24.
3131.

22.
20.
19.
15.

52.
55.
55.
61.

26.
25.
26.
24.

63.
63.
57.
55.

14.
19.
13.
15.

54.

1
|
_______ L

-Q4..-I
1980-Q1...|
-Q2...|
-Q3...1
-Q4...J

59.
58.
60.
59.

|
|

23.
17.
30.
30.

1981-Q1...J

57.

I
I

31.

______1__

I
J
1

2 5.
29.

60.
62.
63.

_

ABOUT
RIGHT

-J_______

15.

|
|
|
|
I
|
|
|
|
1
|
I
|
|
I
|
|
|
1
|
|

|

I

11.
12.

40.
44.

8.
7.
7.
13.

49.
51.
50.
45.

10.
10.
15.
9.

50.
49.
44.
39.

9.
15.
14.
22.

36.
36.
3232.

23.
2224.
18.

28.
3033.
35.

14.
21.
18.
9.

37.
20.
36.
41.

LONEB

J
1
1
1
1
1

J

1
1
1
)
1
1
1

SAME

HIGHER

27.
28.

61.
60.

13.
12.

22.
20.
16.
19.

66.
69.
72.
63.

13.
11.
11.
18.

16.
18.
17.
12.

70.
72.
66.
68.

14.
17.
20.

10.

1

10.

1
1
1
1
1
1
1
1

10.
7.
8.

74.
73.
73.
68.

15.
17.
20.
24.

15.
9.
14.
13.

69.
75.
69.
71.

17.
16.
17.
16.

1

18.

8.

14.
14.

74.
69.
78.
78.

14.

76.

1

J

1
1
1
39.
1
_1_.

7.

NGN5ANK AGENCIES,
COMP AR ED NITH
USUAL NUMBER

C O BR ES PO ND EN T BANKS,
CO MP AR ED H U H
USUAL MUHBER

20.

12.
8.
8.

10.

'LONER
!

1

SAME

HIGHER

17.
14.

59.
65.

22. 20.

)
1
1
1

19.
16.
13.
17.

63.
71.
80.
74.

18.
13.
7.
9.

1
1
1
1
1
1
1
I
1
1
1
1

12.
13.
14.
7.

73.
65.
65.
64.

15.
22.
2 1.
29.

8.
6.
8.
5.

61.
64.
63.
60.

31.
28.
29.
35.

6.
7.
7.
13.

55.
63.
6 7.
67.

38.
30.
26.
20.

14.
9.
9.

11.

63.
58.
68.
68.

23.
33.
23.

8.

65.

27.

1
1
1

1

1
1

i
1

J
1
1
1
1

21.

_1_

QU AR TE RL Y SURVEY OF AGfilCULTURAL CBEDIT CONDITIONS, EL EV EN TH FEDERAL BESEBVE DI ST RI CT— FEDEBAL BESEBVE BANK OF DALLAS
TABLE 344.4Q
HOST COMMON IN TE RE ST RATES C H AR GE D OH FARM LOANS
(AVEBAGE, PER CENT)
1
|
|
1
1
19 75 -Q 3. ..1
-Q4...J

DATE OF
SURVEY

FE ED ER CA TT LE
LOANS

OTHER
OPEB AT IN G
LOANS

I N TE RM ED IA TE -T ER M
(1 TO 7 YEARS)
LOANS

LONG— IEBM
BEAL BSTATE
LOANS

9-47
9.60

9.39
9.41

9.36
9.44

9.26
9.32

1976-Q1...I
-Q2...I
— Q3 . •- |
-Q4...I

9.46
9.34
9.33
9.33

9.42
9.33
9.29
9.31

9.42
9.40
9.40
9.41

9.36
9.35
9.36
9.35

1977-Q1... |
-Q2. • . |
-Q3...I
-Q4 . . . |

9.27
9.30
9.28
9.30

9.28
9.25
9.24
9.26

9.37
9-37
9.40
9.43

9.31
9.32
9.33
9.39

1978-Q1.. • I
-Q2...I
-03...|
-04...|

9.39
9.43
9.53
9.75

9-37
9.42
9. 50
9.74

9.46
9.52
9.58
9.79

9.44
9.48
9.56
9.77

1979-Q1...|
-02...|
-03...|
-Q4..-I

10.10
10.25
10.35
11.42

10.07
10.25
10.34
11.33

10.08
10.24
10.35
11.31

9.99
10.12
10. 19
10.91

1980-Q1...|
-Q2...I
- Q 3 ---|
— Q4...|

13.12
16. 18
13.24
13.33

13.02
15.79
13.21
13.30

12.92
15.76
13.17
13.35

11.92
15. 14
12.83
12.96

1981-Q1... |

18.59

18.38

17.87

17.09




51

QUARTERLY SURVEY OF AGRICULTURAL CREDIT CONDITIONS, ELEVENTH FBDEBAL HESEBVE DISTRICT— FEDEBAL BESEBVE BARE OF DALLAS
TABLE 344-5Q
TRENDS IN FABH BEAL ESTATE V ALOES AND LOAN VOLOHE

MARKET VALUE OF GOOD FARBLAND
DATE OF
SURVEY

| DOLLARS PER ACRE

IRRI­ RANCHGATED LAND

PERCENTAGE OF BANKS EXPECTING
FABB REAL ESTATE LOAN VOLUME
PERCENTAGE OF BANKS EXPECTING
TBEND DURING THE CURRENT
QUARTER TO BE—
DOWN

DR Y ­
LAND

IRRI­ RANCHDRYGATED LAND 1 LAND

19 75 -Q 3... | ***** ***** *****
— Q 4 . • | * * * * * ***** *****

****
****

****
** **

****
****

| ****
| ****

****
****

****
****

4.

3.

87.
78.

1976-Q 1. .. j
-Q2... ,j
-Q3... |
-Q4... 1

****
****
****
-2.5

****
****
****
2.8

****
****
****
3.6

|
|
|
|

****
****
****
****

****
****
****
****

****
****
****
****

3.
3.
1.
3.

| DBY1 LAND

*****
*****

397.
387.

IRRI­ RANCHGATED
LAND

PE RC EN TA GE CHANGE 1 PE RC EN TA GE CHANGE
j
FBOB PREVIOUS
FROM PREVIOUS
QUARTER
|
YEAR

***** *****
***** *****
274.
652.
670.
284.

STABLE

UP

DURING THE C U RR EN T QUARTER,
AS CO MPARED H U B VOLOHE HADE
A YEAR EARLIER, TO BE—
LONER

SABE

HIGHER

9.
19.

31.
22.

57.
67.

12.
11.

81.
80.
76.
76.

16.
17.
23.
21.

16.
16.
18.
16.

72.
72.
68.
67.

12.
12.
13.
17.

66.
66.
66.
62.

1977-Q1...
-Q2...
-Q3...
-Q4...

|
|
|
|

395.
403.
414.
415.

685.
685.
722.
700.

287.
286.
303.
295.

2. 1
2.0
2.7
0.2

2.2
0.0
5.4
-3.0

1. 1
-0.3
5.9
-2.6

| ****
| ****
1 4. J
| 7.2

****
****
10.7
4.5

****
****
10.6
3-9

5.
4.
7.
13.

76.
69.
73.
71.

19.
27.
20.
l b -

18.
17.
13.
23.

1978-Q1...
-Q2...
-Q3...
-Q4...

J
|
|
i

435.
441.
449.
481.

704.
726.
781.
776.

300.
304.
344.
342.

4.8
1.4
1.8
7. 1

O.b
3. 1
7.6
-0.6

1.7
1.3
13.2
-0.6

| 10. 1
| 9.4
| 8.5
| 15.9

2.8
6.0
8.2
10.9

4.5
6.3
13.5
15.9

11.

76.
70.
77.
72.

13.
28.
21.
26.

18.
17.
14.
24.

64.
67.
63.
65.

19.
16.
23.
12.

1979-Q1... 1
-Q2... J
-Q3... |
-Q 4 - — |

474.
519.
508.
539.

828.
928.
866.
833.

369.
378.
39 4.
422.

-1.5
9.5
-2. 1
6. 1

6.7
12.1
-6.7
-3.8

7.9
2.4
4.2
7. 1

| 9-0
| 17.7
| 13. 1
| 12. 1

17.6
27.8
10.9
7.3

23.0
24.3
14.5
23.4

3.
2-

71.
6 8.
70.
62.

27.
29.
27.
36.

25.
28.
27.
26.

61.
61.
61.
56.

13.
11.
12.
18.

1 9 8 0 -Q 1 ... |

545.
573.
576.
551.

921.
954.
988.
970.

399.

3.6
-1.8

-5.5
2-5
2.4
-2.9

| 15.0

419.
407.

1. 1
5. 1
0.5
-4.3

10.6

-Q2. .. |
-Q3... |
-Q4... |

| 13.4
| 2.2

11.2
2. 8
14. 1
16.4

8.1
8.2
6.3
-3.6

3.
12.
8.
3.

70.
75.
79.
74.

27.
13.
13.
23.

41.
69.
45.
26.

51.
29.
51.
66.

8.
2.
4.
8.

1981-Q1... |

597.

1064.

405.

8.3

9.7

-0.5

1

15.5

1.5

7.

70.

24.

43.

51.

5.




409.

3 .6

| 10.4

9.5

2.
1.
2.
32.

16.
17.
21.

16.

52

QUARTERLY SURVEY OF AGRICULTURAL CBEDIT CONDITIONS, FIFTH FEDERAL BESEBVE DISTRICT— FEDEBAL BESEBVE BANK OF RICHHOND
ZABLE 345.IQ
C D BB EN T FABM NON-B BA L-ESTATE LENDING EXPEBIENCE, CO MP A R E D WITH USUAL CO N D I T I O N S
P E BC EN TA GE OF BANKS BEPO BT IN G
PUND AV AILABILITY

DEHAND FOB LOANS

1
|
|
1
1
1975-Q4...|

DATE OF
SURVEY
__

LONEB

SAHE

LOWER

HIGHER

SAHE

HIGHER

LOAN RE PA YM EN T BA TE
LON EB

SAHE

HIGHER

RENEWALS OB EX TE NS IO NS
LONER

SANE

HIGHER

COLL AT EFAL REQUIRED
LONEB

SAHE

HIGHER

21.

51.

28.

10.

46.

44.

31.

62.

8.

5.

tj7 .

28.

0.

77.

23.

1976— Q1...|
-Q2.••|
-Q3. . . |
-Q4...I

12.
6.
0.
11.

68.
71.
74.
74.

21.
23.
26.
14.

6.
6.
3.
3.

44.
43.
63.
68.

50.
51.
34.
29.

21.
20.
0.
11.

71.
77.
97.
86.

9.
3.
3.
3.

3.
0.
11.
9.

71.
80.
86.
83.

27.
20.
J.
9.

0.
0.
0.
0.

76.
• 80.
83.
80.

24.
20.
17.
20.

1977-Q1...|
- Q 2 . ]
- Q 3 ---|
-Q4...|
1
1978-Q1___1
-Q2...I
-Q3.. . |
-Q4...I

0.
6.
6.
12.

85.
60.
58.
62.

15.
34.
36.
27.

3.
0.
6.
9.

50.
63.
72.
71.

47.
37.
22.
21.

24.
6.
11.
24.

77.
91.
89.
74.

0.
3.
0.
3.

12.
6.
0.
3.

59.
83.
86.
67.

29.
11.
14.
30.

0.
0.
30.

79.
79.
81.
85.

21.
21.
17.
15.

7.
21.
19.
10.

60.
36.
69.
61.

33.
42.
13.
29.

10.
27.
36.
32.

73.
67.
58.
65.

17.
6.
7.
3.

57.
30.
13.
10.

37.
70.
84.
81.

7.
0.
3.
10.

3.
3.
3.
16.

33.
61.
81.
68.

63.
36.
16.
16.

0.
0.
3.
0.

77.
73.
78.
84.

23.
27.
19.
16.

1 9 79 -Q 1... |
-Q2. . . |
-Q3. . • |
-Q4...I

13.
9.
7.
16.

63.
65.
68.
58.

25.
27.
26.
26.

31.
27.
36.
26.

66.
74.
65.
74.

3.
0.
0.
0.

6.
6.
7.
10.

78.
85.
87.
87.

16.
9.
7.
3.

16.
12.
0.
3.

75.
85.
90.
84.

9.
310.
13.

0.
0.
0.
0.

75.
76.
71.
74.

25.
24.
29.
26.

1980-Q1...|
-Q2...J
-Q3.. . |
-Q4...|
1
1981-Q1... |
_______ L_

21.
43.
46.
44.

57.
37.
37.
38.

21.
20.
17.
18.

21.
34.
14.
15.

71.
66.
66.
59.

7.
0.
20.
27.

29.
37.
29.
47.

68.
6 0.
69.
53.

4.
3.
3.
0.

0.
3.
3.
3.

57.
54.
63.
53.

43.
4 3.
34.
44.

0.
0.
0.
3.

65.
43.
77.
65.

31.
57.
23.
32.

56.

27.

18.

12.

65.

24.

50.

47.

3.

6.

35.

59.

0.

77.

24.

QU ARTERLY SOBYET OF AGBICO LT UB AL CB ED IT CONDITIONS, FIFTH FE DB BA L B E S E B V E DI S 1 B I C 1 — FEDEBAL BESBBVE BANK CF BICH HO ND
TABL E 3 4 5 . 2Q
FARM NON-BE AL -E ST AT E LOAN VOLUME EXPE CT ED DURING TH E CUBRENT QUARTER, CO H P A B E D WITH VOLUflE OF LOANS HADE A TEAS EARLIER
PE B C E N T A G E OF BANKS BBPO BT IN G

SURVEY

O P E B AT IN G

FABH HA CH IN EB Y

LONER SAHB HIGHER

LONEB SANE HIGHER

C B O P S T OB AG B

TOTAL

FEEDER CATTLE

DAISY

LONER S A HE HIGHER

LONER SA HE HIGHER

LONER SAHE HIGHER

LONER SAHE HIGHBR

1975-Q4...

13.

58.

29.

39.

52.

9.

12.

76.

12.

14.

58.

28.

8.

59.

33.

18.

49.

33.

19 76 -Q 1...
-Q2. ..
-Q3...
-Q4...

6.
0.
6.
3.

61.
67.
66.
77.

3333.
29.
20.

37.
14.
19.
26.

56.
61.
68.
68.

7.
25.
13.
7.

25.
10.
16.
12.

57.
66.
66.
73.

18.
24.
19.
15.

23.
19.
16.
7.

55.
69.
68.
61.

23.
13.
16.
32.

3.
0.
3.
6.

47.
54.
66.
77.

50.
46.
31.
17.

21.
11.
17.
9.

41.
49.
60.
69.

38.
40.
23.
23.

19 7 7 - Q 1...
-Q2...
- Q 3 ---Q 4___

3.
0.
6.
6.

73.
69.
56.
64.

24.
31.
39.
30.

19.
7.
28.
14.

78.
87.
66.
64.

4.
7.
7.
21.

11.
10.
23.
17.

79.
81.
70.
72.

11.
10.
7.
10.

10.
9.
15.
19.

73.
82.
55.
41.

17.
9.
30.
41.

3.
3.
8.
9.

56.
4936.
44.

41.
49.
56.
47.

6.
3.
17.
24.

68.
57.
47.
59.

27.
40.
36.
18.

1978-Q1...
- Q 2 . ..
-Q3...
-Q4...

7.
16.
19.
17.

62.
50.
59.
72.

31.
34.
22.
10.

15.
10.
21.
7.

74.
80.
71.
71.

11.
10.
7.
21.

11.
17.
21.
10.

85.
80.
79.
90.

4.
3.
0.
0.

14.
28.
13.
10.

57.
69.
67.
53.

29.
3.
20.
37.

13.
24.
16.
23.

37.
36.
44.
55.

50.
39.
41.
23.

30.
30.
31.
23.

53.
46.
38.
48.

17.
24.
31.
29.

1979-Q1...
-Q2...
-Q3. . •
-Q4...

16.
6.
17.
23.

55.
58.
62.
57.

29.
36.
21.
20.

15.
11.
27.
19.

70.
71.
6982.

15.
18.
4.
0.

17.
19.
22.
25.

72.
75.
74.
68.

10.
6.
4.
7.

23.
30.
14.
28.

65.
58.
62.
48.

13.
12.
24.
24.

19.
6.
19.
23.

47.
50.
48.
42.

34.
44.
32.
36.

16.
12.
26.
19.

56.
65.
48.
71.

28.
24.
26.
10.

1980-Q1...
-Q2...
-Q3. • •
-Q4...

21.
50.
33.
32.

54.
32.
52.
45.

25.
18.
15.
23.

26.
59.
42.
31.

70.
41.
58.
55.

4.
0.
0.
14.

26.
4331.
45.

74.
57.
66.
41.

0.
0.
3.
14.

26.
53.
32.
44.

56.
38.
50.
31.

19.
9.
18.
25.

11.
34.
17.
29.

46.
40.
49.
35.

43.
26.
34.
35.

32.
69.
57.
56.

54.
31.
34.
29.

14.
0.
9.
15.

1981-Q1...

37.

43.

20.

41.

50.

9.

31.

66.

3.

41.

44.

15.

29.

35.

35.

56.

27.

18.




.

53
QUARTERLY SURVEY OF AGRICULTURAL CREDIT CONDITIONS, FIFTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF RICHSOMD
TABLE 345.3Q
AVERAGE LO AN/DEPOSIT RATIO, AND PERCENTAGE OF BANKS REPORTING OTHER COND IT IO NS THAT REFLECT RELATIVE CR ED IT AVAILABILITY
REFUSED OR |
NUMBER OF FARM LOAN REQUESTS REFERRED TO—
REDUCED A (ACTIVELY
EARN LOAN |SEEKING
C O RR ES PO ND EN T BANKS
NONBANK AGENCIES
REQUEST IN | NEB
HIGHER
PREVIOUS
| FARM
| CO MPARED WITH
| COMPARED BITH
THAN
QUARTER DUE|
LOAN
NONE|
USUAL NUMBER
NONE|
USUAL NUMBER
DESIRED TO SH OR TA GE !A CC OU NT S
I ________________________
I ________________________
ILOWER SAME HIGHER _____ U Q M E B SAMg H{GH?E
OF fUNDS
I_______
I
1
| ***
***
*#*
*** 1 #**
***
+* ♦
***
10.
|
8.
6 3.
I
1
362| 76.
0.
9.
I
21.
3. 1 38.
6.
47.
9.
71.
6.
|
3.
| 63.
11.
26.
0. 1 36.
7.
45.
13.
15.
|
3.
59.
0.
27.
1 700.
50.
3. 1 47.
3.
0.
65.
24.
! 71.
3.
3. 1 47.
44.
6.
9.
I
3.
I
1
0.
|
0.
71.
| 70.
6.
21.
3. 1 41.
9.
47.
3.
17.
|
0.
82.
| 65.
3.
32.
0. 1 44.
3.
44.
9.
24.
|
0.
| 66.
3.
31.
0. 1 48.
72.
7.
36.
10.
15.
|
0.
68.
3.
25.
0. J 53.
6.
i 7 2.
25.
16.
I
1
0. 1 43.
21.
|
3.
73.
| 78.
0.
22.
0.
29.
29.
64.
3.
26.
22.
|
0. 1 33.
1 71.
3.
0.
33.
33.
41.
|
13.
56.
| 83.
0.
13.
3. 1 48.
0.
36.
16.
60.
0.
33|
13.
29.
0. 1 52.
1 71.
0.
36.
13.
1
66.
0.
| 72.
28.
0. 1 39.
23.
|
13.
0.
48.
13.
6.
68.
0.
23.
3. 1 39.
24.
|
1 74.
0.
39.
23.
10.
61.
i 63.
3.
30.
3. 1 45.
0.
41 .
32.
|
14.
7.
61.
| 76.
0.
24.
0. 1 59.
17.
|
0.
31.
10.
i
1
29.
|
7.
64.
| 78.
0.
0. 1 58.
0.
22.
23.
19.
4.
14.
20.
34.
29.
|
7. 1 47.
0.
20.
33.
1 75.
9.
63.
6.
12.
3. 1 52.
0.
1 79.
26.
23.
21.
1
6.
14.
68.
J 76.
37. 1 55.
0.
24.
6.
1
21.
1
1
71.
10.
6.
|
3.
| 76.
10.
3. 1 52.
3.
13.
32.
1
1

LO AN /D EP OS IT RATIO 1SDATE OF

SURVEY

AVERAGE
LOAN/DEPOSIT
RATIO
(PER CENT)

LOWER
THAN
IDESIRED

ABOUT
RIGHT

1
1975-Q4...|

64.

I
|

28.

62-

1976-Q1___|
-Q 2---|
-Q3...|
- Q 4 ---1

60.
61.
64.
62.

|
|
i
|

47.
40.
30.
34.

44.
54.
55.
57.

1977-Q 1 . . . |
-Q2... |
- Q 3 ---|
-Q4...!

62.
64.
66.
b5.

|
|
1
|

42.
34.
27.
36.

58.
49.
50.
49.

1 9 7 8 - Q 1. . . 1
-Q2...|
-Q3...i
-Q4...I

66.
65.
68.
67.

|
|
1
|

36.
2 5.
13.
20.

43.
53.
47.
47.

1979-Q1...|
-Q2...J
-Q3...1
-Q4...|

65.
66.
68.
68.

16.
15.
10.
10.

61.
62.
58.
73.

1980-Q1...|
-Q2... |
-Q3...1
— Q4. . . |
1
1981-Q1...|
1

66.
66.
67.
65.

|
I
I
|
1
1
1
|
|
I
1
1

14.
21.
18.
30.

57.
50.
61.
64.

39-

55.

63.

QU ARTERLY SU RV EY OF AGRICULTURAL CREDIT CONDITIONS, FIFTH FEDERAL RESERVE D I S T RI CT— FEDERAL RE SERVE BANK OF RICHMOND
TABL E 3 4 5 . 4Q
TYPICAL INTEREST RATES C H AR GE D ON FABH LOANS
(AVERAGE, PER CENT)
1
|
|
1
1
1975-Q4...|

DATE OF
SURVEY

FEEDER CATTLE
LOANS

OTHER
OP ERATING
LOANS

INTE RM ED IA TE -T ER M
(1 TO 7 YEARS)
LOANS

LONG-TERM
BEAL ESTATE
LOANS

8.98

8.98

9.53

9.34

1976-Q1...|
-Q2...I
-Q3...I
-Q4..-I

8.89
8.88
8.91
8.77

8.86
8.90
8.81
8.75

9.48

9.22
9.26
9.19
9.31

1977-Q1...|
-Q2...I
-Q3...I
-Q4...I
1
1978-Q1...|
-Q2...I
-Q3...I
-Q4.-.I

8.89
8.78
8.84
8.70

8.89
8.73
8.82
8.74

9.29
9.17
9.26
9.28

9.28
9.30
9.35
9.27

8.94
8.99
9.28
9.65

8.98
9.08
9.37
9.54

9.46
9.44
9.69
10.02

9.42
9.49
9.60
9.80

1979-Q1...|
-Q2...|
-Q3..-I
-Q4...I

10.28
10.90
11.37
12.05

10.37
10.74
10.97
12-08

10.52
11.17
11.28
12.27

10.26
10.94
11.38
11.94

1980-Q1___1
-Q2. .. |
-Q3...|
-Q4...i

12.97
16.55
13.38
13-84

13.02
16.37
13.38
13.74

13.15
16.85
13.60
14.16

13. 11
16.44
13.66
13.83

1981-Q1...|
____________ 1__

17.16

17.23

16.87

16. 18




9.29

9.26
9.20

54

Q U A R T E R L Y S UR V E Y
T A B L E 3 4 5 . 5Q

OP

A G RIC U LT U RA L

CRED IT

CON D ITIO N S,

TRENDS IN

MARKET VALUE OF GOou
DATE OP
SURVEY

|
|

DOLLARS
PER
ACRE

PERCENTAGE CHANGE
PROM PRE VI O US —
QUARTER

FIFTH

FEDERAL

PARS REAL

ESTATE

RESERVE

VALUES

D I S 1 R I C T — FEDERAL

RESE RV E

BANK

OF

R I C HM O ND

AND LOAN VOLUME

FARMLAND
PERCENTAGE OF BANKS EX PE C TIN G
TREND DURING THE CURRENT
QUARTER TO BE—

PERCENTAGE OF B A N K S EX PEC TIN G
FARM REAL E S I A T E LOAN VOLUHE
DURING TH E CURRENT QUA RTER,
AS COMPARED WITH VOLUME MADE
A YEAR E A R L I E R , TO BE—

YEAR
UP

LONER

SAME

777-

****

****

DOHN
5.

82.

13.

11.

7 6.

13.

1 9 7 6 -Q 1 ...|
- Q 2 ___ |
-Q 3 . . . |
-Q 4 ... |

842.
810.
851.
869.

8 .4
-3 . 8
5. 1
2. 1

****
*#*♦
****
11.8

3.
0.
0.
0.

7 9.
80.
86.
83.

18.
20.
14.
17 .

16.
18.
6.
12.

68.
61.
76.
70.

16.
21.
18.
18 .

1 9 7 7 -Q 1 ...1
- Q 2 ___ |
-Q 3 .. . |
- Q 4 ------ J

906.
910.
937.
935.

4. 3
0 .4
2 .9
-0 . 1

7.6
12.3
10. 1
7.6

0.
0.
6.
0.

82.
82.
83.
94.

18 .
181 1.
6.

9.
6.
6.
13.

75.
70.
67.
75.

16.
2 4.
27.
13.

1 9 7 8 -Q 1 ...|
- Q 2 ------ |
- Q 3 ___ |
— Q4 __ |

1017.
1071.
1074.
110 5 .

8 .7
5 .3
0. 3
2 .9

12.3
17.7
14.7
18. 1

0.
0.
0.

3.

87.
76.
75.
74.

10.
24.
2 5.
26.

17.
23.
28 .
2 0.

7068.
63.
70.

13.
1 0.
9.

10 .

1 9 7 9 -Q 1 ...|
-Q 2 ...|
- Q 3 ___ |
-Q 4 ...|

1079.
116 5.
1 19 2 .
122 2 .

-2 .4
8 .0
2. 3
2 .5

6. 1
8.8
11.0

10.6

0.
0.
0.
0.

66.
49.
65.
81.

34.
52.
3b.
1 9.

35.
22.
18.
32.

59.
53.
57.
61.

7.
25.
25.
7.

1 9 8 0 -Q 1 ...|
-Q 2 . . . J
- Q 3 ___ |
-Q 4 ...|

1 23 1 .
127 0 .
131 8 .
1 35 3 .

0 .7
3 .2
3 .8
2 .7

1 4. 1
9 .0
10.6
10.7

0.
31.
9.
3.

79.
63.
8 6.
82.

21.
6.
6.
15 .

33.
65 .
5 6.
49.

63.
35.
35.
39.

9.
1 2.

198 1— Q1___ |

1 27 7 .

-5 .6

3 .7

3.

85.

12.

4 6.

39.

1 5.

1 97 5 -Q 4 ...J




STABLE

........H I G H E R .

4.

0.

JA NUARY 1981

AGRICU LT UR AL FI NA NC E DATABOOK— QU AR TE RL Y SERIES

D E S C R IP T IO N OF COVERAGE AND PROCEDURES OF SURVEYS I N

S E C T IO N 340

F I V E FEDERAL RESERVE BANKS CONDUCT QUARTERLY SURVEYS OF C R E D IT
C O N D I T IO N S AT COMMERCIAL BANKS TE A T ARE INVOLVED IN FARM L E N D I N G .
EACH
OF TH E SURVEYS I S BADE AS OF THE F I R S T DAY OF JAN UA R Y, A P R I L , J U L Y , AND
OC TOBBB.
TH ESE DATES CORRESPOND TO L I N E S Q1 THROUGH Q 4 , R E S P E C T I V E L Y , I N
TH E T A B L E S .
EACH O f THE FEDERAL RESERVE BANKS IS S U E S A QUARTERLY REPORT
ON I T S SURVEY R E S U L TS , A V A IL A B L E FROM TH E RESERVE BANK ON RE QU ES T.

T H E FEDERAL RESERVE BANK OF CH ICAGO HAS CONDUCTED A QUARTERLY LAND
VALUE AND C R E D IT C O N D I T IO N S SURVEY FOR OVER 25 YEARS .
OVER T H I S T I H E T HE
SURVEY HAS UNDERGONE SEVERAL CHANGES, AND THUS H I S T O R I C A L DATA FOR THE
CURRENT S E R IE S ARE A V A IL A B L E FOR VARYING LENGTHS OF T I H B .
BEFORE 1 97 3 , THE SURVEY COVERED ONLY BANKS T H A T HERE BERBERS OF THE
FED ERA L RESERVE S Y S T E B .
FROtl 1969 TO 1 97 2 , FOR EXAMPLE, TH E BANKS SURVEYED
HERE MEMBER BANKS AT HHICH FARB LOANS COMPRISED 10 PER C EN T OB MORE OF T O T A L
LOANS AS OF 1 96 8 .
TH A T SAMPLE NUMBERED ABOUT 550 BANKS, NH ICB HAS ABOUT 60
PER CEN T OF A L L HEHBBB BANKS I N THE SEVENTH FEDERAL RESERVE D I S T R I C T .
I N JANUARY 1 97 3 , THE SURVEY HAS BROADENED TO COVER NONMEHBEB BANKS AT
HHICH FARM LOAMS COMPRISED 25 PER C EN T OR MORE OF T O T A L LOANS AS OF J U N E 1972
(E X C E P T I N M IC H IG A N , HHEfiE TH E C R I T E R I O N HAS S E T A T 10 PER C E N T ) .
A TOTAL
OF 476 NONHEMBER BANKS, REPRESENTING 28 PER CEN T OF ALL NONHEMBEfi BANKS I N THE
D I S T R I C T , RESPONDED TO A REQUEST TO P A R T I C I P A T E IN THE S UR VEY .
AS OF 1 9 7 3 ,
T H E R E F O R E , TH E TO TA L SURVEY SAMPLE (B O TH MEMBER AND NONHEMBER BANKS) BOSE TO
OVER 1 , 0 0 0 BANKS, OR ABOUT 40 PER CENT OF ALL BANKS I N T H E D I S T R I C T .
A
T Y P I C A L RESPONSE RATE EACH QUARTER I S ABOUT 75 PER C E N T .

TH E FEDERAL RESERVE BANK OF MIN NE APO LIS I N I T I A T E D A QUARTERLY
A GR IC UL TU R A L C R E D I T C O N D I T IO N S SURVEY I N 196 4 .
TH E SURVEY PANEL AND
Q U E S T IO N N A IR E HAVE REMAINED LABGELY COMPARABLE OVER T I M E .
THUS AMONG THE
RESERVE BANK S UR V EY S , T H I S SURVEY PROVIDES E X C E P T IO N A L L Y LONG AND BROAD
COVERAGE OF A GRI CU LT UR AL C R E D I T C O N D I T I O N S , AND I S E S P E C I A L L Y VALUABLE I N
TH A T TH E S E R I E S SPAN SEVERAL MONETARY AND FARM INCOME C Y C L E S .
TH E SURVEY PANEL I S CHOSEN FROM AMONG BANKERS ENGAGED I N FARM LENDING
TO PROV ID E A GEOGRAPHICAL AND B A N K - S I Z E CROSS S E C T I O N OF T H E BANKS IN T HE
N IN TH F EDE RA L RESERVE D I S T R I C T .
TH E CORE OF T H E PANEL C O N S IS T S OF MEMBERS
OF THE UPPER B ID H E S T AGR IC U LT U R A L C R E D I T C O U N C IL , AN OR G A N IZ A TI O N OF
AGRI CU LT UR AL R E P R E S E N T A T IV E S AND L EN DIN G O F FI CE R S OF N I N T H D I S T R I C T BANKS.
TH E I N I T I A L SUBVEY I N 1964 COVERED 75 BANKERS.
OVER T I N E , TH E PANEL BAS
BNLA1GED;
AS OF 1 9 7 3 , I T COVERED 175 BANKS.
TH E RESPONSE RAT E HAS
T Y P I C A L L Y BEEN 90 PER C EN T OR BB T T E R .

T H E FEDERAL RESERVE BANK OF KANSAS C I T Y IM PLEMEN TED A QUARTERLY
AGRICU LT UR AL C R E D I T C O N D I T IO N S SURVEY ON JANUARY 1 , 19 7 6 .
AN I N I T I A L
SAMPLE OF 196 BANKS HAS S EL EC TE D P R IM A R IL Y FROM AMONG T H E 902 BANKS I N T H E
TE N T H FED ERAL RESERVE D I S T R I C T A T HHICH FARM LOANS COMPRISED 50 PER C EN T OR
MORE OF T O T A L L OA NS.
T H E SAMPLING PROCEDURE R ESU LT ED IN RE P R ESE NTA TIO N OF
ALL GEOGRAPHIC REGIONS AND FARMING AREAS IN THE D I S T R I C T .
AS OF A P R IL 1 9 7 7 , TH E SAMPLE C O N S IS T E D OF 188 BANKS.
V IR T U A L L Y A LL
SURVEYED BANKS RESPOND BACH QDARTBB.
FOLLOW-OP CALLS TO RESPONDENTS ABE
HADE TO HELP ASSURE A HIGH RESPONSE R A T E .

T H E FED ERAL RESERVE BANK OF D A L LA S I N I T I A T E D A QUARTERLY SURVEY OF
A GR IC UL TUR AL C R E D I T C O N D I T IO N S ON J U L Y C
197 5 .
A SAMPLE OF 331 MEMBER AMD
NONHEMBER BARKS HAS DRAHM TO PROVIDE REP R ES EN TA TIO N OF BANKS OF ALL S I Z E S
THROUGHOUT T H E ELE VENTH FEDERAL RESERVE D I S T R I C T .
A RESPONSB BA TE OF ABOUT 70
PER CEN T HAS BEEN EX P ER IE N C ED .
AS OF JANU ARY 1 9 7 6 , TH E SURVEY COVERED 23 PER C E N T OF A L L BANKS I N THE
D IS TR IC T.
THE E F F E C T I V E SAMPLING RATE HAS BE LAT ED P R IM A R IL Y TO THE R E L A T I V E
IHPORTAMCB OF FARM L BH D IN G.
OF TH E 522 BANKS AT HH IC H FARM LOAMS COMPRISED
ON E- F OU R TH OR MORE OF T O T A L LOANS (BASED ON J U N E 1974 D A T A ) , 54 PER C EN T HERE
IN CLU DE D I N TH E SU BVE Y.
T H I S GROUP THUS ACCOUNTED FOR 85 PER CEN T OF TH E
BANKS I N THE S U B V EY .

T B E FEDERAL RESERVE BANK OF RICHMOND BEGAN A QUARTERLY SURVEY OF
AGR IC UL TU R A L C R E D I T C O N D I T IO N S ON OCTOBER 1, 197 5 .
IN S E L E C T I N G THE
SAMPLE, T B E 773 BANKS I N THE F I F T H FED ERA L RESERVE D I S T R I C T HERE
S T R A T I F I E D ON T H E B A S IS OF OU T ST AND IN G DOLLAR VOLUME OF FARM LOANS, AND
THOSE BANKS H I T H A HIGH VOLUME OF FARM LOAMS HEBE SAMPLED MUCH MORE
HEAVILY.
A T O T A L OF 64 BARKS HERE S E L B C T E D I N T H I S MANNER, OF HHICH 43
AGBBED TO P A R T I C I P A T E IM TH E SURV EY.
OF TH E 18 BANKS HHERE OUTS TA NDI NG
FARM LOANS BI CEE DBD $10 M I L L IO N (BASED ON JU NE 1974 D A T A ) , 16 HERE IN CLU DE D
I N TH E F I N A L SAMPLE OF 43 BANKS.

JANUARY

AGR IC UL TU R A L FI N A N C E DATABOOK— QUARTERLY S E R IE S

900

1981

FARM INCOME AND EXPENSES
9 1 1 . 1Q
911.2Q
911.3Q

A M O U N T . . ................. .................................................................................................
56
PERCENTAGE CHANGE FROM PREVIOUS QUARTER................................. .. .............................57
P E RC E NT A GE CHANGE FROM SAME QUARTER OF P R E V I O U S YE AR.............................. 58

ECONOMICS AMD S T A T I S T I C S
DEPARTMENT OF A G R IC U L T U R E .

SERVICE,

ECONOMIC I N D I C A T O R S . C O U N C IL OF ECONOMIC A D V IS E R S ,
J O I N T ECONOMIC C O M M IT T E E , U . S . CONGRESS.




FOR THE




56

TABL E 9 1 1 - IQ

|
1
1
QUARTER
1
|
1
1
1
1 9 6 0 - Q 1 ........... .1
- Q 2 ........... |
- Q 3 ----------- .|
- Q 4 ........... .|
1
1 9 6 1 -Q 1 ----------- .|
- Q 2 ........... .1
- Q 3 ........... |
- Q 4 ........... |

II CO BE RE CE I V E D F R O H PA RS IN G (S EA SO IA LL I- AD JO ST BD ANNUAL RATE)
AflOORTS IH BILLIONS OF DOLLARS
NET INCO HE TO FABfl OPERATORS
|
I
I
i
CASH
|PRODUCTIONJ EXCLUDING! IN C L U D I N G NET CHANGE
R E C E I P T S | EXPENSES |MET CHANGE!
IN IN V E N T O R I E S
FROH PARHI
1 IN I N V E N - I
_ _
MA RKE TIN GS!
1 TORIES
| I N C U R R B IT
I N 1967
1
_______ _________________I___ DOLLARS______DOLLARS

GROSS IN C O S E

TOTAL

37-5
39.1
39.4
39.5

33.0
34.5
34.6
34.9

27.3
2 7.3
27.4
27.4

10.0
11.4
11.4
11.7

10.2
11.8
12-0
12.1

11.6
13.3
13.5
13.6

40.4
40.3
40.5
41.0

35.6
34.8
34.9
35.3

28.3
28.5
28.7
28.8

11.8
11-5
11.4
11.8

12.1
11.8
11.8
12.2

13.5
13.2
13.2
13.6

1 9 6 2 - Q 1 _____ .1
- Q 2 ........... .1
- Q 3 ........... .|
- Q 4 ........... .|

42.3
42.4
42.2
42.5

36.6
36.6
36.2
3 6.5

30.0
30.3
3 0.3
30.6

11.8
11.5
11.2
11.2

12.3
12.1
11.9
11.9

13.6
13.4
13. 1
13.1

1 9 6 3 - Q 1 ........... .1
- Q 2 ........... |
- Q 3 --------- >|
- Q 4 --------- .1
1
1 9 6 4 - Q 1 _____ .|
.|
-Q 2 - —
- Q 3 --------- |
- Q 4 ............1

43.5
43.5
43.3
43.1

3 7.7
37.5
37.4
37.3

31.6
31.6
31.6
31.7

11.2
11.2
1 1.1
10.9

11.9
11.9
11.7
11.4

13.0
13.0
12.7
12.4

42.4
42.3
42.0
42.5

3 7.2
37.3
3 7.2
37.6

32.0
32.0
31-7
31.7

11.0
11.1
11.3
11.7

10.4
10.3
10.3
10.8

11.2
11.1
1 1. 1
11.6

1 9 6 5 - Q l _____ .1
- Q 2 ------------ |
- Q 3 . . . . .|
- Q 4 --------- .J

44.7
46.9
47.1
47.4

38.1
39.8
3 9.6
40.0

33.0
3 3.7
3 3-7
34.2

11. 1
12.2
12 .1
12. 1

11.7
13.2
13.4
13.2

12.5
14.0
14.2
13.9

1 9 6 6 -Q 1 ........... .|
- Q 2 ........... .1
- Q 3 ........... .|
- Q 4 ........... .|
1
1 9 6 7 - Q 1 ........... .|
- Q 2 ........... .|
- Q 3 ----------- >|
- Q 4 ...........

51.3
50.4
50.3
49.8

43.7
43.4
43.4
43.2

35.7
36.3
36.7
37.3

15.2
14.2
13.8
13.0

15.6
14.1
13.6
12.5

16.2
14.6
13.9
12.7

49.8
50.5
50.9
50.9

42-7
42.9
42-9
42.3

37.9
38.3
38.3
38.3

11.8
11.6
11.7
11.6

11.9
12.2
12.6
12.6

12.0
12-3
12.6
12.4

1 9 6 8 -Q 1 _____ .|
- Q 2 --------- .1
- Q 3 ----------- . 1
- Q 4 . , -------1

50.8
51.1
52. 1
53.4

43.2
43.5
44.4
45.6

38.8
39.4
39.6
40.3

11.8
11.6
12.4
13.0

12.0
11.7
12.5
1 3. 1

11.7
11.3
11.9
12.3

1 9 6 9 - Q l — . . . ,|
- Q 2 ........... .|
- Q 3 . . . . . .|
- Q 4 ----------- .5

55.3
56.3
56.4
57.6

47.2
48. 1
48.1
4 9.3

41.2
42.3
42.3
42.7

14.0
13.9
14.0
14.8

14.1
14.0
14.1
14.9

13.1
12.8
12.7
13.3

1 9 7 0 - Q 1 . . . . . .1
- Q 2 -----------.1
- Q 3 ----------- .1
- Q 4 -----------

59.0
58.8
58.0
58.5

50.9
50.7
50.0
50.5

43.9
44.3
4 4.5
45.0

1 5.1
14.5
13.5
13.5

15.1
14.5
13.5
13.5

13.2
12.5
11.5
11.4

1 9 7 1 - Q 1 _____ .|
- Q 2 ----------- .|
- Q 3 -----------. |
-Q 4 -... . |

61.9
61.6
60.6
64.0

52.4
52.5
51.5
55.0

46.2
47.4
47.7
48.3

14.0
12.9
11.6
14.4

15.7
14.2
12.9
15.7

13.1
11.8
10.6
12.8

1 9 7 2 - Q 1 . ____ .|
- Q 2 ---------- . |
- Q3-----------. |
- Q 4 ---------- . |

67.6
70.3
70.6
75.4

57.5
60.6
60.9
65.8

50.1
51.5
52.8
54.8

16.4
18.0
17.0
19.9

17.5
18.8
17.8
20.6

14. 1
15.1
14.2
16.2

1 9 7 3 -Q 1 .... . |
- Q 2 -----------. |
.1
-Q 3 —
- Q 4 -----------. (

87.1
96.3
1 0 4 .3
1 07.9

78.3
8 4.3
9 1.7
94.0

60.0
64.2
69.0
69.2

26.8
28.5
31.1
33.2

27.1
32.1
35.3
38.7

21.0
24.4
26.3
28.2

1 9 7 4 -Q 1 _____ . |
- Q 2 ---------- . |
- Q 3 -----------.1
- Q 4 --------- . |

1 0 6 .1
96.7
95.6
95.0

1 01 .2
89.6
88.3
90.7

74.0
70.6
72.0
72.4

35.0
26.1
23.6
26. 1

32.1
26.1
23.6
22.6

22.7
17.9
15.8
14.7

1 9 7 5 - Q 1 _____ . |
- Q 2 --------- . |
- Q 3 --------- .1
- Q 4 -----------. |

91.8
99.6
1 06.8
1 0 3 .1

79.4
8 8.3
95.1
89.9

72.0
75.7
78.8
77-0

15.8
21.2
25.1
22.1

19.8
23.9
28.0
26.1

12.6
15.0
17.2
15.7

1976— Q 1_____
- Q 2 --------- Q 3 --------- Q 4 ---------

99.6
104 .0
1 02.8
1 0 0 .9

91.9
98.2
9 5.4
93.6

7 8.0
84.0
86.0
84.4

23. 1
23-5
18.8
18.9

21.6
20.0
16.8
16.5

12.9
11.8
9 .8
9 .5

1 9 7 7 - Q 1 _____ . |
- Q 2 ---------- . |
- Q 3 --------- . |
- Q 4 -----------.1

1 06.0
105 .5
1 0 5 .4
1 1 7 .2

96.8
93.8
92.1
99.9

86.7
87.5
88.5
92.4

20.3
17.0
14.9
22.6

19.3
18.0
16.9
24.8

10.9
10.0
9 .2
13.4

1 9 7 8 -Q 1 _____ .1
- Q 2 ---------- .1
- Q 3 ---------- Q 4 ---------- . |

1 20.8
1 24.8
123 .7
134 .6

1 0 6 .2
1 11 .0
109.0
1 18.0

95.0
97.0
97.4
1 03.0

24.8
27.3
24.8
30.4

25.8
27.8
26.3
31.6

13.7
14.4
13.3
15.6

1 9 7 9 - Q 1 _____
- Q 2 --------- Q 3 --------- Q 4 ---------

-|
.1
.|
.|

1 45.5
1 4 9 .1
1 4 9 .9
1 5 4 .1

1 2 8 .9
1 3 0 .9
1 30 .6
1 35 .4

1 1 4 .2
116 .3
1 19.6
1 24.2

28.1
28.9
24.9
26.0

31.3
32.8
30.3
29.9

15.1
15.3
13.7
13. 1

1980— Q 1_____
- Q 2 --------- Q 3 --------- Q 4 ---------

.|
.|
.|
.|
1

1 5 2 .9
152.8
1 5 4 .7
158.4

1 3 7 -0
135 .9
1 42 .8
1 4 5 .7

1 2 7 .2
129.9
1 3 2 -9
1 3 6 .4

24.7
21.4
25.7
25.7

25.7
22.9
21.8
22. 1

10.8
9.4
8 .7

.|
. |
. |
.|

8 .6

BV

! W I 91».3Q

I K (Mil BK BIVBD PBOH FABB I 1C ( S U S O I I L L M N V I f B D BIIQAL l iT B )
A IO M T S IB B I1 L IO IS OF DOLLABS
F X B C B IT A C K CHA1GB PBOB P B I f l O O S
1
|_
1
1
1
1

QO ABT XI

QUABTEH

|
I XT I I C O H B T O PAl fl OPBBATOBS
)
1
I
CASH
|PH O OO C TIO I| X X C L O D Z IG I IHCLODXBG I B T C B A K X
I I IITB ITO B 1B S
B B C B IP TS | BXP8HSBS 1I B T CHABGBJ
| X I IIfE H -|
FBOB PAXHI
| TOBIBS
| I I C O B B B IT
I I 1967
HABK STI MSS I
DOLLABS
1
1
1 DOLLABS

GBOSS I I C O H B

TOTAL

-0 .0
4 .3
0 .8
0 .3

-0 .6
4 .5
0 .3
0 .9

0 .0
0 .0
0.4
0 .0

-2 .0
14.0
0 .0
2 .6

0 .0
15.7
1 .7
0 .8

-0 .1
15.0
1 .6
0 .2

2 .3
-0 .2
0.5
1 -2

2.0
-2 .2
0 .3
1 .1

3 -3
0 .7
0 .7
0.3

0 .9
-2 .5
-0 .9
3 .5

0 .0
-2 .5
0 .0
3 .4

-0 .2
-2 .4
-0 .4
3 .2

3 .2
0.2
-0 .5
0 .7

3 .7
0 .0
-1 .1
0 .8

4 .2
1.0
0 .0
1 .0

0 .0
-2 .5
-2 .6
0 .0

0 .8
-1 .6
-1 .7
0 .0

0 .4
-2 .0
-1 .9
-0 .2

{
1963— Q l .
-Q 2 -Q 3 - - . . . 1
-Q 4 . . - . . 1

2 .4
0 .0
-0 .5
-0 .5

3.3
-0 .5
-0 .3
-0 .3

3 .3
0 .0
0 .3

0 .0
0 .0
-0 .9
-1 .8

0 .0
0 .0
-1 .7
-2 .6

-0 .3
-0 .2
-2 .3
-2 .8

1 9 6 4 - Q 1 . --------- 1
-Q 2 . •. . . |
- Q 3 . ------------- 1
-0 9 I
1 9 6 5 -Q 1 .
-0 2 .
- 0 3 . -------------- 1
— Q4.

-1 .6
-0 .2
-0 .7
1*2

-0 .3
0 .3
-0 .3
1 .1

0 .9
0 .0
-0 .9
0 .0

0 .9
0 .9
1.8
3 .5

-8 .8
-1 .0
0.0
4 .9

-9 .1
-1 .1
-0 .2
4 .4

5 .2
4 .9
0.4
0 .6

1 .3
4 .5
-0 .5
1.0

4 .1
2.1
0 .0
1.5

-5 .1
9.9
-0 .8
0 .0

8 .3
1 2. 8
1.5
-1 .5

8 .0
1 2- 1
1 .2
-2 .0

8 .2
-0 .2
-1 .0

9 .2
-0 .7
0 .0
-0 .5

4 .4
1 .7
1.1
1.6

25.6
-6 .6
-2 .8
-5 .8

1 8. 2
-9 .6
-3 .5
-8 .1

17.1
-1 0 .4
-4 .4
-8 .8

1 96 7 -Q 1 .
-0 2 .
-0 3 .
-0 4 .

0 .0
1.4
0.8
0 .0

-1 .2
0.5
0 .0
-0 .2

1.6
1 .1
0 .0
0 .0

-9 .2
-1 .7
0 .9
-0 .9

-4 .8
2 .5
3 .3
0 .0

-5 .1
2 .0
2 .2
-1 .0

1 96 8 -Q 1 .
-0 2 .
-0 3 .
-Q 4 .

-0 .2
0 .6
2 .0
2 .5

0.9
0 .7
2.1
2 .7

1 .3
1 .5
0 .5
1.8

1.7
-1 .7
6 .9
4 .8

-4 .8
-2 .5
6 .8
4.8

-5 .8
-3 .4
5 .5
3 .4

3 .6
1.8
0.2
2 .1

3 .5
1.9
0 .0
2 .5

2 .2
2 .7
0 .0
0 .9

7 .7
-0 .7
0 .7
5 -7

7.6
-0 .7
0 .7
5 .7

6 .4
-2 .3
-0 .7
4 .1

2 .4
-0 .3
-1 .4
0 .9

3 .2
-0 .4
-1 .4
1.0

2 .8
0.9
0 .5
1 .1

2 .0
-4 .0
-6 .9
0 .0

1 .3
-4 .0
-6 .9
0.0

-0 .3
-5 .3
-7 .9
-1 .3

5 .8
-0 .5
-1 .6
5 .6

3 .8
0 .2
-1 .9
6 .8

2 .7
2 .6
0.6
1.3

3.7
-7 .9
-1 0 .1
24.1

16.3
-9 .6
-9 .2
21.7

15.3
-1 0 .5
-1 0 .0
21.0

5 .6
4 .0
0 .4
6 .8

4 .5
5 .4
0 .5
8 .0

3 .7
2 .8
2 .5
3 .8

13.9
9 .8
-5 .6
1 7. 1

11.5
7 .4
-5 .3
15.7

10.4
6 .7
-6 .1
14.7

15.5
10.6
8 .3
3 .5

19.0
7 .7
8 .8
2 .5

9 .5
7 .0
7 .5
0.3

34.7
6 .3
9.1
6 .8

31.6
18.5
10.0
9.6

2 9.3
1 6. 1
7 .9
7. 1

-1 .7
-8 .9
-1 .1
-0 .6

7 .7
-1 1 .5
-1 .5
2.7

6 .9
-4 .6
2 .0
0.6

5 .4
-2 5 .4
-9 .6
10.6

-1 7 .1
-1 8 .7
-9 .6
-4 .2

-1 9 .5
-2 0 .9
-1 2 .1
-7 .1

-3 .4
8 .5
7.2
-3 .5

-1 2 .5
11.2
7 .7
-5 .5

-0 .6
5.1
4 .1
-2 .3

-3 9 .5
34.2
18.4
-1 2 .0

-1 2 .4
20.7
17.2
-6 .8

-1 4 .2
19-3
14.8
-8 .6

1 976-Q1. - * . . |
-Q 2 .
-0 3 . . . . . |
- Q 4 . --------- 1

-3 .4
4 .4
-1 .2
-1 .8

2 .2
6 .9
-2 .9
-1 .9

1.3
7 .7
2 .4
-1 .9

4 .5
1.7
-2 0 .0
0 .5

-1 7 .2
-7 .4
-1 6 .0
-1 .8

-1 8 .1
-8 .1
-1 7 .4
-3 .3

1977— Q l .
- 0 2 . --------- 1
-Q 3. . . . . I
-0 4 .

5.1
-0 .5
-0 .1
11.2

3 .4
-3 .1
-1 -8
8 .5

2 .7
0.9
1. 1
4 .4

7.4
-1 6 .3
-1 2 .4
51-7

17.0
-6 .7
-6 .1
46.7

14.9
-8 .3
-7 .5
44.5

3 .1
3 .3
-0 .9
8 .8

6 .3
4 .5
-1 .8
8 .3

2 .8
2.1
0 .4
5 .7

9 .7
1 0. 1
-9 .2
22.6

4 .0
7 .8
-5 .4
20.2

2 .3
5 .4
-7 .6
17.3

8 .1
2 .5
0.5
2 .8

9 .2
1 .6
-0 .2
3.7

10.9
1 .8
2 .8
3 .8

-7 .6
2 .8
-1 3 .8
4 .4

-0 .9
4 .8
-7 .6
-1 .3

-3 .4
1.8
-1 0 .6
-4 .5

-0 .8
-0 .1
1.2
2 .4

1 .2
-0 .8
5.1
2.0

2 .4
2. 1
2 .3
2 .6

-5 .0
-1 3 .4
20.1
0 .0

-1 4 .0
-1 0 .9
-4 .8
1 .4

-1 7 .3
-1 3 .6
-6 .6
-1 .6

1960— Q l .
-Q 2 .
-Q 3.
-Q 4.
1
1 961-Q1.
-0 2 .
-Q 3 -Q 4 .

. . . . |

J

1 96 2 -Q 1 .
-Q 2 -Q 3 -Q 4.

1 96 6 -Q 1 .
- Q 2 . ----------1
- 0 3 . ----------1
— Q 4 . . . . . 1

-

1.8

o .o

1
1 969-Q1.
-0 2 .
-0 3 .
- 0 4 . « « . •1
•
1
1970— Q l .
- Q 2 . --------- 1
- Q 3 . --------- 1
— Q4-

1
1971— Q l .
-0 2 .
- 0 3 . •• * . 1
-Q 4 .

1
1 97 2 -Q 1 .
-0 2 .
-0 3 .
—Q4.

1
1 97 3 -Q 1 .
-0 2 .
- 0 3 . --------- 1
-0 4 .

1

1 9 7 4 - Q 1 . --------- 1
-0 2 . . . . . 1
- Q 3 ............ |
—Q4 .

1
1975—Q l . ,
-0 2 .
-Q 3 .
— Q4 . . . . . 1

1

1

1
1 97 8 -Q 1 .
-0 2 .
-Q 3 . . . . . (
-Q 4.,
1979— Q l . .
-0 2 .
-Q 3 .,
-Q 4.,
1980— Q l . ,
-Q 2 .,.
-Q 3-.
-Q 4 .,

8
1

|
1

lll

\

_____ L -







58
TABLE 911.3Q

IICOHS SBCSITBO FBOB FABHIIG (SBASOMALLI-ADJUSTED A110 EL BATS)
ABOOSTS II BILLIOIS OF OOLLABS
PBBCBITAGE CBAIGB FBOB SABE QOABTEB OF PBSTIOOS ISAB

6BOSS neons
QOABTBB

|

TOTAL

ibt

neons

to

fabh opsbazobs

CASH
|PBOOUCZIOH| EXCLODIIGJ IHCL0DII6 MET CHARGE
BBCBIPZS | BIPBNSES JIBT CHAIGEI
II IIVBITOBIBS

1 I I I1VSI-I
| TOBIES |II COBBSIT I I 1967
_1__________1__POLLABS__ DOLLARS

FBOI FABI|
HABKETIIGSI
1

1960-Q1........ 1
-Q2........ |
-Q3........ |
-Q4........ i

-3.1
2.6
5.6
5.3

-A. 1
1.8
R.5
5.1

1-1
0.7
0.4
0.4

-13.8
3.6
14.0
14.7

-12.8
7.3
20.0
18.6

-14.0
5.4
18.4
16.9

1961-Q1........ 1
-Q2........ 1
-Q3........ |
-Q4........ |
1962-Q1........ 1
-Q2........ 1
-Q3........ |
-Q4........ 1

7.7
3.1
2.8
3.8

7.9
0.9
0.9
1.1

3.7
A.A
4.7
5.1

18.0
0.9
-0.0
0.9

18.6
0.0
-1.7
0.8

16.9
-0.9
-2.9
0.1

R-7
5.2
R.2
3.7

2.8
5.2
3.7
3. A

6.0
6.3
5.6
6.3

0.0
0.0
-1.8
-5.1

1.7
2.5
0.8
-2.5

0.8
1.2
-0.3
-3.7

1963-Q1........ |
-Q2........ |
-Q3........ |
-QR........ 1

2.8
2.6
2.6
1.R

3.0
2.5
3.3
2.2

5-3
A. 3
A.3
3.6

-5.1
-2.6
-0.9
-2.7

-3.3
-1.7
-1.7
-4.2

-4.4
-2.7
-3.0
-5.5

1964-Q1........ 1
-Q2........ |
-Q3........ |
-QR........ |

-2.5
-2.8
-3.0
-1.R

-1.3
-0.5
-0.5
0.8

1.3
1.3
0.3
0.0

-1.8
-0.9
1.8
7.3

-12.6
-13.4
-12.0
-5.3

-13.9
-14.7
-12.9
-6.4

1965-Q1........ 1
-Q2........ |
-Q3........ |
-QR........ I

5.R
10.9
12.1
11.5

2. A
6.7
6.5
6.4

3.1
5.3
6.3
7.9

0.9
9.9
7.1
3.A

12.5
28.2
30.1
22.2

11.2
26.1
27.8
20.1

1966-Q1__ . . |
-Q2........ 1
-Q3........ |
-QR........ 1

1R.8
7.5
6.8
5.1

14.7
9.0
9.6
8.0

8.2
7.7
8.9
9.1

36.9
16. A
14.0
7.4

33.3
6.8
1.5
-5.3

30.2
4.0
-1.7
-8.6

1967-Q1........ |
-Q2........ |
-Q3........ 1
-QR........ |

-2.9
0.2
1.2
2.2

-2.3
-1.2
-1.2
-0.9

6.2
5.5
A.A
2.7

-22.4
-18.3
-15.2
-10.8

-23.7
-13.5
-7.4
0.8

-25.9
-15.6
-9.8
-2.0

1968-Q1..... |
-Q2........ 1
-Q3........ 1
-QR........ 1

2.0
1.2
2.R
9.9

1.2
1.R
3.5
6.5

2.4
2.9
3.4
5.2

0.0
0.0
6.0
12.1

0.8
-4.1
-0.8
4.0

-2.7
-7.9
-4.9
-0.7

1969-Q1........ |
-Q2........ |
-Q3........ |
-QR........ 1

8.9
10.2
8.3
7.9

9.3
10.6
8.3
8.1

6.2
7.4
6.8
6.0

18.6
19.8
12.9
13.8

17.5
19.7
12.8
13-7

12.1
13.4
6.8
7.6

1970-Q1........ |
-Q2------ - |
-Q3........ |
-QR.... I

6.7
R.R
2.8
1.6

7.8
5. A
R.O
2.R

6.6
4.7
5.2
5. A

7.9
4.3
-3.6
-8.8

7.1
3.6
-4.3
-9.4

0.8
-2.3
-9.5
-14.2

1971-Q1........ |
-Q2........ I
-Q3........ 1
-QR........ |
1972-Q1........ |
-Q2........ 1
-Q3........ |
-QR........,|

R.9
R.8
R.5
9-A

2.9
3.6
3.0
8.9

5.2
7.0
7.2
7.3

-7.3
-11.0
-14.1
6.7

4.0
-2.1
-4.4
16.3

-0.8
-6.2
-8.4
12.4

9.2
1R.1
16.5
17.8

9.7
15.A
18.3
19.6

8. A
8.6
10.7
13.5

17.1
39.5
46.6
38.2

11.5
32.4
38.0
31.2

7.7
28.3
33.9
26.9

1973-Q1........ | 28.8
-Q 2 ..... | 37.0
-Q3........ | R7.7
-QR........ | A3.1
1974-Q1........ | 21.8
0. A
-Q2....... |
-Q3....... | -8.3
,|
-12.0
-QR........
1975-Q1....... ,| -13.5
3.0
-Q2........ |
-Q3........>| 11.7
8.5
-QR........,|

36.2
39.1
50.6
42.9

19.8
24.7
30.7
26.3

63.4
58.3
82.9
66.8

54.9
70.7
98.3
87.9

48.5
61.7
85.8
73.4

29.2
6.3
-3.7
-3.5

23.3
10.0
4.3
A.6

30.6
-8.4
-24.1
-21.4

18.5
-18.7
-33.1
-41.6

7.9
-26.5
-40.0
-48.0

-21.5
-1.5
7-7
-0.9

-2.7
7.2
9.4
6.4

-54.9
-18.8
6.4
-15.3

-38.3
-8.4
18.6
15.5

-44.5
-16.3
9.2
7.4

1976-Q1......... |
-Q2........,|
-Q3........ |
-QR.-.,. |

8.5
R.R
-3.7
-2.1

15.7
11.2
0.3
A. 1

8.3
11.0
9.1
9.6

46.2
10.8
-25.1
-14.5

9.1
-16.3
-40.0
-36.8

2.6
-21.0
-43.1
-39.8

1977-Q1....... |
-Q2....... |
-Q3....... 1
-QR....... >|
1978-Q1....... 1
-Q2....... 1
-Q3....... ,|
-QR.........|
1979-Q1.......
-Q2....... ,|
-Q3.. . . . ,|
-QR........,|

6.R
1. A
2.5
16.2

5.3
-R.5
-3.5
6.7

11-2
A. 2
2.9
9.5

-12.1
-27.7
-20.7
19.6

-10.6
-10.0
0.6
50.3

-15.6
-15.7
-5.7
40.9

1R.0
18.3
17.A
14.8

9.7
18.3
18.3
18.1

9.6
10.9
10.1
11.5

22.2
60.6
66.4
34.5

33.7
54.4
55.6
27.4

25.4
44.1
44.0
16.9

20.A
19.5
21.2
1A.5

21.A
17.9
19.8
14.7

20.2
19.9
22.8
20.6

13.3
5.9
0.4
-14.5

21.3
18.0
15.2
-5.4

10.5
6.6
3.1
-16. 1

1980-Q1....... >1
-Q2....... ,|
-Q3....... .|
-QR....... .|

5.1
2.5
3.2
2.8

6.3
3.8
9.3
7.6

11.A
11.7
11.1
9.8

-12.1
-26.0
3.2
-1.2

-17.9
-30.2
-28.1
-26.1

-28.2
-39.0
-36.3
-34.3