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AGRICULTURAL FINANCE DATABOOK n June 1983 M o n t h l y Series RESEARCH L I B R A R Y ROOM B - C - 2 4 1 - E , S T O P 1 0 5 FEDERAL RESERVE BOARD WASHINGTON, D.C 20551 Emanuel Melichar Paul T. Balides 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 AGRICULTURAL FINANCE DATABOOK—MONTHLY SERIES SECTION 200 Farm lending operations and experience of nonbank institutions 300 Agricultural banking data JUNE 1983 # PAGE 3 ' • 29 APPENDIX TABLES * Average interest rates on business and farm borrowings 32 Percentage changes in deposits and loans at agricultural banks 33 # # JUNE AGRICULTURAL FINANCE DATABOOK—MONTHLY S E R I E S 200 1983 FARM LENDING O P E R A T I O N S AND EXPERIENCE OF NONBANK I N S T I T U T I O N S 210 PRODUCTION C R E D I T 211 ASSOCIATIONS {AGRICULTURAL LOANS, EXCEPT AS NOTED) LOANS OUTSTANDING 211.1M 211.2N 212 ACTUAL SEASONALLY ADJUSTED. LOANS MADE AND NEW LOANS 2 1 2 . 1M 212-2H 212.3M 213 ACTUAL . SEASONALLY ADJUSTED ANNUAL RATE. 12-MONTH MOVING TOTAL RENEWALS AND COLLECTIONS (SEE NOTE BELOW) 2 1 3 . 1 M ACTUAL 2 1 3 . 2H SEASONALLY ADJUSTED ANNUAL RATE 2 1 3 . 3M 12-MONTH MOVING TOTAL 220 FEDERAL LAND BANKS 221 * 10 (AGRICULTURAL LOANS) LOANS OUTSTANDING 221.1fl 221.2M 222 ACTUAL SEASONALLY ADJUSTED, LOANS CLOSED 222. 1M 222.21! 2 2 2 . 3M 223 LOANS CLOSED AND NEW MONEY LOANED 223. 1N 223.2M 223.3M 224 ACTUAL SEASONALLY ADJUSTED ANNUAL RATE. 12-MONTH MOVING TOTAL REFINANCING 224. 1H 224.2N 224.3M 230 ACTUAL SEASONALLY ADJUSTED ANNUAL RATE. 12-MONTH MOVING TOTAL AND REPAYMENTS ACTUALSEASONALLY ADJUSTED ANNUAL RATE. 12-MONTH MOVING T O T A L . . . . . L I F E INSURANCE COMPANIES 231 FARM MORTGAGES OUTSTANDING AND ACQUIRED 231. 1 M 231.2H 231.3M 232 ACTUAL SEASONALLY A D J U S T E D . . . . . . 12-MONTH MOVING TOTAL (MORTGAGES ACQUIRED ONLY) FARM MORTGAGE COMMITMENTS—OUTSTANDING 2 3 2 . IN 232.2M 232.3H SOURCES: " » 25 AND NEW ACTUAL SEASONALLY ADJUST E D . . . . . . 12-MONTH MOVING TOTAL (NEW COMMITMENTS ONLY) ' 2 8 "PRODUCTION CREDIT A S S O C I A T I O N S — S E L E C T E D MONTHLY LOAN D A T A , " SUPERVISORY D I V I S I O N , FARM C R E D I T A D M I N I S T R A T I O N ; "FEDERAL LAND BANKS—SUMMARY OF SELECTED MONTHLY LOAN D A T A , " TECHNICAL S E R V I C E S D I V I S I O N , FARM CREDIT A D M I N I S T R A T I O N ; " D I S T R I B U T I O N OF INVESTMENTS OF U . S . L I F E INSURANCE C O M P A N I E S , * AND "FORWARD INVESTMENT COMMITMENTS OF REPORTING L I F E INSURANCE C O M P A N I E S , " AMERICAN COUNCIL OF L I F E INSURANCE. DATA I N T H I S SECTION ARE OBTAINED FROM TIMELY MONTHLY REPORTS WHICH ARE NOT R E V I S E D TO REFLECT ANY SUBSEQUENT CHANGES OR C O R R E C T I O N S . I F ONLY YEAR-END DATA ON OUTSTANDING LOAN VOLUME ARB REQUIRED, USE THE S E R I E S I N SECTION 1 0 0 OF THE AGRICULTURAL FINANCE DATA BOO K ^ % A N M A L _ S E R I E S . FOR PRODUCTION C R E D I T A S S O C I A T I O N S , DATA ON LOANS OUTSTANDING AND LOANS MADE DO NOT INCLUDE RURAL HOME LOANS, FARM-RELATED B U S I N E S S LOANS, OR AQUATIC LOANS. DATA ON COLLECTIONS AND RENEWALS DO INCLUDE THESE LOANS; HOWEVER, THESE TYPES OF LOANS REPRESENTED ONLY 2 . 9 PERCENT OF TOTAL OUTSTANDING L O I N S AT PRODUCTION CREDIT A S S O C I A T I O N S AS OF DECEMBER 1 9 8 1 . 4 TABLE 2 1 1 . 1H END OF MONTH I l_ I l_ 1 | _i 197 6 - J A N . . . -FEB... —MAR..» -APR... -MAT... -JUN... -JUL... -AUG... -SEP -OCT -NOV... -DEC... PRODUCTION CREDIT A S S O C I A T I O N S LOANS OUTSTANDING END OF MONTH | I i 10711. 10823. 11117. 11421. 11707. 12006. 12191. 12319. 12321. 12170. 11981. 12196. CHANGE FROM P R E V I O U S ! . I . MONTH TEAR 1_ -30. 1 12. 294. 304. 286. 299. 185. 129. 2-151. -190. 216. 1 165. 1080. 1106. 1191. 1235. 1303. 1378. 1511. 1584. 1600. 1529. 1455. - . 3 1.0 2 . 7 THOUSANDS 2 . 7 2 . 5 2.6 1.5 1. 1 . 0 -1.2 -1.6 1.8 328. 1 330.4 334.3 337.7 340.2 342.0 342.9 342.9 341.9 339.6 336.6 335.6 12.2 11. 1 11.0 11.6 11.8 12.2 12.7 14.0 14.8 15. 1 14.6 13.5 1429. 1450. 1466. 1508. 1618. -2.0 -317. -17. 1491. 1258. - 2 . 3 - . 1 13233. 13274. 13427. 13630. 13909. 14312. 14652. 14846. 14955. 14743. 14601. 14901. -221. 1093. 1001. -1.6 . 3 8.2 844. 700. 576. 563. 614. 1.2 6 . 7 5 . 4 197 9 - J A N . . . -FEB... -MAR... -APR... -MAT... -JUN... -JUL... -AUG... -SEP.., -OCT... -NOV... -DEC 14884. 14991. 15381. 15807. 16214. -17. 107. 390. 426. 407. 474. 327. 1651. 1717. 1954. 2178. 2305. 2376. 2364. 2395. 2498. 2747. 2919. 3143. 1980-JAN... -FEB... -MAR... -APR... -MAT... -JUN... -JUL... -AUG... -SEP.. -OCT... -NOV... -DEC.. 18184. 18410. 18953. 19498. 19857. 20195. 20230. 20097. 19911. 19400. 19119. 19636. 335.3 337.4 34 1 . 7 345.5 348.4 350.4 351.3 351.2 350.6 347.9 344.9 342.8 9 . 0 40. 153. 203. 279. 403. 339. 195. 109. -211. -142. 300. 12140. 12273. 12583. 12929. 13333. 13749. 14038. 14133. 14069. 13789. 13471. 13454. 1978-JAN... -FEB... -MAR... -APR... -MAT... -JUN... -JUL... -AUG... -SEP... -OCT... -NOV... -DEC... 1983-JAN.. -FEB.. -MAR.. -APR.. -MAT.. 16688. 17015. 17242. 17452. 17491. 17520. 18045. 19643. 20039. 20612. 21137. 21639. 22126. 22449. 22441. 22315. 21884. 21250. 2104 2. -281. 226. 211. 39. 30. 524. 140. 226. 543. 545. 359. 338. 35. -133. -186. -511. -282. 518. 7. 396. 573, 524. 502. 487. 324. -8. -127. -431. -634. -207. 1626. 1743. 1847. 1813. 1748. 74 1. 885. 955. 1 130. 1447. 3300. 3419. 3 572. 3691. 3643. 3507. 3215. 2 855. 2459. 1909. 1598. 1592. 1459. 1629. 1659. 1638. 1782. 1930. 2219. 2344. 2404. 2483. 2131. 1406. 843. 20101. -556. -30. 265. 259. 339. 578. 225. -45. -203. -547. -864. -362. -155. -319. -228. -326. -364. -440. -556. -787. -941. 19498. 19367. 19486. 19609. 19813. -603. -131. 119. 123. 204. -989. -1090. -1236. -1372. -1507. 20487. 20457. 20722. 20981. 21320. 21898. 22123. 22077. 21875. 21328. 20463. 48 1. 110. PERCENTAGE CHANGE FROM PREVIOUS TEAR PERCENTAGE CHANGE FROM PREVIOUS I 1- -56. 133. 310. 346. 404. 416. 289. 95. -63. 1977-JAN... -FEB... -MAR.. -APR.. . . I -MAT.. • • I -JUN... -1 -JUL... -AUG... -SEP... -OCT... -NO ? . . . -DEC... 1 1 9 8 1 - J A N . . .. - I -FEB.. • -I - MAR..,- . 1 — A P R * .. . I -MAT.. - - I -JUN.. -.1 -JUL.. -AUG.. -SEP.. -OCT.. -NOV.. -DEC.. . . I I 1982-JAN.. • - I -FEB.. -MAR. . -APR.. -MAT.. -JUN. . -JUL. . -AUG.. -SEP.. -OCT.. -NOV.. -DEC.. AVERAGE S I T E NUHBER OF BORROWERS PERCENTAGE CHANGE FROM PREVIOUS MILLIONS OF DOLLARS - . 5 1. 1 13.3 13.4 2 . 2. 3. 3. 2. . 13.2 13.2 13.9 5 8 1 1 1 7 - . 4 1.5 2.0 2 . 9 2 . 4 1. 3 - 7 - 1 . 4 -1.0 2. 1 - . 1 . 7 2.6 2. 8 2.6 2. 9 2 . 0 1. 3 1.2 . 2 . 2 3 . 0 . 8 1.2 2 . 9 2 . 9 1.8 1.7 14.5 15.2 14.7 1 1 1 1 4. 3. 2. 0. 12-9 14.6 16.0 16.6 16.6 16. 1 16. 1 16. 7 18.6 20.0 21. 1 22. 2 22.8 2 3 . 2 2 3 . 3 2 2 . 5 21.0 14. 1 10.9 9. 1 - 1 . 5 2 . 7 16.6 8.8 . 0 8. 8 8.8 2 . 9 2 . 5 2 . 4 2. 2 1.5 - . 0 8.4 9 . 0 9 . 6 1 1.0 11.7 4. 3 369.3 369.0 370. 1 371.6 372.7 373.4 373.0 371. 6 369. 8 366.4 360.8 356.0 3 7 5 . 6 2. 1 . 5 - . 7 - 1 . 5 - 1 . 0 - 1 . 5 - . 2 - . 9 -1.6 -2.0 - 2 . 5 - 4 . 1 - 2 . 5 - 3 . 7 -1.8 - 4 . 5 - 3 . 0 - . 7 .6 .6 1.0 1.9 2.2 -.1 .6 2. 1 1.3 2.2 1. 1 2 2 2 2 . 9 .6 .2 -.0 -.2 -.8 . . . . 3 4 5 4 2 . 4 2. 1 -2.6 1.0 - . 3 . 2 - . 1 - . 3 371.9 1.6 2.1 2.1 .7 7 . 2 2 . 7 1.6 - . 9 1.3 .6 -1.0 - . 1 1.3 1.3 - . 3 - . 7 1.8 - 2 . 9 - 1 . 9 1.4 .1 .6 12. 1 12.8 11. 1 -. 6 .0 - . 5 365.7 369.2 373.8 377.3 380.6 382.8 383.2 383.0 381.5 379.5 8. 0 2.0 . 3 1.0 1.2 -.6 358.7 360.9 365.1 370.2 372.6 373.6 373. 1 372.4 370. 3 367. 1 364.8 364.8 18.9 -2.6 .9 . 9 . 7 . 5 2 2 2 2 345.8 346.9 350.0 353.2 356.4 358.5 359.3 358.0 360.0 358.8 357.3 358.0 12.5 - . 9 -.2 .2 3 5 3 . 4 4 0 3 9 4 8 . 2 - . 7 . 7 1.2 1.0 341.2 341.7 343.7 346.2 348.0 349. 3 350.5 351.3 350.8 348.8 346.3 2 3 4 3 4 . 3 4. 1 4 . 5 . 6. 6 . 8 . 10. -.2 352.0 350.3 349.3 349. 1 349.0 - 4 . 8 - 5 . 3 - 6 . 0 - 6 . 5 - 7 . 1 1- - . 9 . 5 . 4 . 3 .2 -. 1 -.6 . . . . 5 4 4 1 - . 2 .0 . . . 3 . - . 7 1 3 4 1 -2.2 1.4 . 3 . 9 .9 1.8 2.0 1.5 .9 .6 .2 2 . 4 2.6 2.5 - . 4 1.9 .6 2.6 - . 3 - . 4 2 . 9 .2 3 . 2 1.3 .2 .6 1.2 4 . 0 4 . 3 3 . 7 4.8 1.4 .6 4 . 5 . 3 4 . 2 3.8 4 . 0 - . 1 -.2 2 . 9 - . 5 - . 9 2 . 3 2. 1 1.9 -. 6 .0 2.0 .2 1.0 1.2 .9 2 . 3 2 . 4 1.9 .8 .6 2.1 2.4 .1 2 . 7 - . 1 - . 4 - . 5 3 . 0 3.4 2.8 -1.0 -1.0 - . 7 - . 1 .3 .4 3 . 0 1.9 1.0 -. 1 -1.0 - 1 . 5 . 3 -2.0 .2 - - . 1 - . 4 - . 5 - . 9 2 2 3 3 . 4 . 7 . 0 . 1 - 1 . 5 - 1 . 3 - 3 . 5 - 3 . 9 -4 . 3 -1.1 - 4 . 7 - . 5 - . 3 - . 1 -.0 - 5 . 1 - 5 . 6 - 6 . 1 - 6 . 4 32646. 32761. 33250. 33815. 34415. 35106. 35552. 35926. 36036. 35837. 35591. 36338. 36207. 36373. 36828. 37424. 38266. 39233. 39961. 40237. 40130. 39637. 39064. 39253. 38788. 38850. 39067. 39366. 39971. 40971. 41806. 42261. 42625. 42274. 42164. 42162. 43045. 43218. 43945. 44754. 45494. 46544. 47358. 48166. 48482. 48749. 49032. 50399. 50699. 51015. 51905. 5267553299. 54049. 54223. 53972. 53766. 52854. 52406. 53822. 53712. 54276. 55144. 56016. 56891. 57800. 58586. 58600. 58498. 57671. 56573. 56577. 546 57^ 13.0 11.3 10.8 10.6 10.8 11.0 11.4 12.4 13.0 12.9 12. 3 11.2 10.9 11.0 10.8 10.7 11.2 11.8 12.4 12.0 11.4 10.6 9 . 8 8.0 7. 1 6.8 6. 1 5 . 2 4 . 5 4 . 4 4 . 6 5.0 6.2 6 . 7 7 . 9 7 . 4 11.0 11.2 12.5 13.7 13.8 13.6 13.3 14.0 13.7 15.3 16.3 19.5 17. 8 18.0 18. 1 17.7 17.2 16. 1 14.5 12. 1 10.9 8 . 4 6 . 9 6.8 5 . 9 6. 4 6.2 6 . 3 6. 7 6 . 9 8.0 « . 6 P. 8 9. 1 8.0 5. 1 3. 3 55436. 55997. 56464. 57199. 58636. 59307. 59616. 59154. 58216. 56717. 56466. 2. 1 1.5 . 8 55399. 55294. 55781. 56178. 56770. - . 1 - . 3 4 . 5 1.4 1.? 1.4 1. 1 . 9 . 3 - . 2 - . 5 -.7 TABLE 2 1 1 . 2 M PRODUCTION C R E D I T A S S O C I A T I O N S LOANS OUTSTANDING SEASON A L L Y - A D J U S T E D DATA AMOUNT MILLIONS OF MONTH END | | | -FEB | -MAR....| - APR....| I | | END OF MONTH 1 9 7 6 - JAN OF DOLLARS 11052. CHANGE PROM P R E V I O U S | 1 1 t MONTH 1..—iSAARl YEAR t MONTH 1 - —ISAAEL - JUN. . . . | —JUL....| 11787. —AUG.. . . | 11957. -SEP... .| -OCT | -NOV 1 12069. 12223. 12315. 12406. 1481. 1141. 1883. 1845. 1510. 1463. 1525. 2208. 1421. 1983. 1157. 1136. 12521. 12652. 12801. 12965. 13180. 13377. 13570. 13701. 13760. 13832. 13833. 13682. 1452. 1664. 1907. 2109. 2825. 2569. 2519. 1650. 731. 888. 8. -1703. 1532. 1628. 1710. 1784. 1744. 1691. 1609. 1517. 1276. 13.3 15. 1 16.5 21.8 19.5 18.A 12. 2 5.3 6.4 . 1 -12.3 13648. 13694. 13668. 13673. 13761. 13931. 14163. 14390. 14618. 14777. 14981. 15162. -408. 564. -302. 53. 1095. 2184. 3056. 2980. 2978. 2033. 2642. 2324. 1126. 1042. 867. 708. 581. 554. 593. 689. 857. 945. 1148. 1480. -3.0 4. 1 -2.2 .4 8.0 15.9 21.9 21.0 20.7 13.9 17.9 15.5 - D E C . . . . | 18386. 2465. 1531. 2382. 2510. 2393. 2507. 2646. 3516. 4553. 6574. 6175. 5725. 1706. 1782. 1993. 2184. 2283. 2308. 2281. 2322. 2434. 2744. 2986. 3224. 16.3 10.0 15.4 16.0 -NOV....# 15354. 15476. 15662. 15857. 16044. 16239. 16445. 16712. 17051. 17521. 17967. 5208. 3263. 3621. 3366. 1038. -244. -1068. 3419. 3549. 3641. 3707. 3604. -MAY. . - . 1 -DEC 1977-JAN -FEB | | 1 - M A R . . . . | - A P R . . . . | - H A Y. . . . | -JUN. . . . | -JUL....| — AUG. . . . | - S E P . . . . | - O C T . . . . | -NOV... . | - D E C . . . . | 1978-JAN. . . . | -FEB 1 —NAR. . . . | -APR | - M A Y . . . . | -JUN. . . . | -JUL. . . . | -OCT. . . . | -NOV....| -DEC 1 1979-JAN.... 1 -FEB. - - - | - M A R . . . . | -APR....| -JUN....J -JUL. . . . | - A U G . . . . | -SEP. 1 -OCT. . . . 1 1980-JA N -FEB I 1 - H A R . . . . | - A P R . . . . | - M A Y . . . . | —JUN. . . . | -JUL | —A U G . . . . | - S E P . . . . | -OCT. . . . 1 -NOV 1 -DEC | 1981—JAN. -FEB | | — HAR. . . . 1 -APR. . . . | —MAY...-1 —AUG....| - S E P . . . . | -OCT. . . . 1 - N O V . . . . | -DEC I 1982-JAN. . . . | - M A R . . . . | —APR....| —JUN. * . . | —AUG....| -SEP | -OCT | -NOV | -DEC....* 1983—JAN. . . . | -FEB 1 — MAR. . . . | - A P R . . . . | 11143. 11289. 11432. 11551. 11667. 18772. 19025. 19303. 19563. 19648. 19627. 19536. 19476. 19449. 19422. 19597. 20037. - 7 1 0 . -321. -314. 2196. 5984. 1198. 1128. 1 152. 1223. 1249. 1290. 1325. 1445. 1522. 1586. 1551. 1470. 13.5 10.3 16.9 1469. 1509. 1 1.7 1512. BORROWERS 16.3 13.2 12.7 13. 1 18.7 1 1.9 16.4 9.5 9.2 YEAR ——————— 1 12.2 334.3 11.3 1 334.7 1 1.4 12.0 12. 1 12. 4 12.7 1 | 1 335.3 336.0 336.7 1 3 3 7 . 3 1 1 | 1 | I 338.1 338.7 339.1 340.0 341.1 340.6 14.7 15. 1 14.6 14.0 13.2 12.3 10.3 I 1 I I | | I I I I | | 341.2 341.8 342.9 344.0 345.0 345.9 346.7 347.1 347.9 347.9 349. 1 347.5 9.0 8. 2 6.8 5.5 4.4 | | 1 | 1 346.9 346.1 345. 1 345.0 344.7 I 3 4 4 . 9 1 I I I I 1 346. 1 347.3 348.2 348.6 350.2 358. 1 \ | I I 1 | 1 1 I 351.4 351.3 351.6 352.1 353.2 354.1 354.9 353.9 357.4 13.7 14.4 14.9 14.4 13.4 13.3 13.5 13.4 13.4 14. 1 4. 1 4.4 5.0 6. 2 6.8 8. 3 10.8 12.5 13.0 14.6 16-0 15. 1 16.6 15.6 16.3 21.4 27.2 38.6 16.6 16. 1 16. 1 16.6 18.6 19.9 21.3 3 5 . 2 31.9 1 | MONTH —1SAARL ————— CHANGE FROM PREVIOUS YEAR — 33065. 33294. 33667. 34025. 34311. 34590. 34863. 35299. 3558A. 35953. 36101. 36422. 13. 1 11.5 11.0 10.9 1 1. 0 11.1 11. 2 12. 1 12.6 12. 8 12. 3 11.2 2.0 2.2 3.9 3.8 3.8 3.0 2.6 1.4 7.8 .2 2.1 2. 1 2.3 2.4 2.5 | I 1 | 1 I 1 | 1 1 1 | 36699. 37015. 37331. 37690. 38196. 38671. 39146. 39475. 39555. 39756. 39624. 39375. 11.0 11.2 10.9 10. A 11.3 11. A 12.3 11. 8 | | 1 1 | | 1 1 I 1 | 1 39346. 39570. 39606. 39633. 39916. 40387. 40927. 41439. 41976. 42390. 42779. 42339. 7.2 6.9 6. 1 5.2 4.5 4.4 4.6 5.0 6. 1 6.6 A. 0 7.5 1.9 2. 1 2.4 2.7 2.6 1.9 2.6 2.8 3.1 1.3 | 1 I | | I | I 1 1 | 1 43695. 44052. 44546. 45032. 45427. 45859. 46338. 47219. 47709. 48876. 49770. 50686. 1 1. 1 11.3 12.5 13.6 13.8 13.< 13.2 13.9 13.7 15.3 16. 3 19.7 3.7 4.0 4.4 4.9 4.6 4.2 3.8 4.0 2.9 2.3 2.0 1.9 1 | | 1 | I 1 1 I 1 I 1 51503. 52047. 52598. 52972. 53185. 53212. 53027. 52909. 52899. 52978. 53221. 54199. 17.9 18. 1 1 A. 1 17.6 17. 1 16.0 14. 4 12.0 10.9 8.4 6.9 6.9 2.0 2.3 2.3 1.9 2.0 1 I I | 1 | | I | 1 | 1 54592. 55433. 55873. 56308. 56731. 56853. 57267. 57432. 57540. 57797. 57474. 57031. 6.0 6.5 6.2 6.3 6.7 6. 8 8.0 8. 5 8. A 9. 1 8. 0 5.2 -1.0 -1.5 -2.0 -2.5 -2.7 -3.0 -3. 1 -3.5 -4.0 -4.3 \ 1 | 1 | | | f I 1 I 1 56415. 56665. 56741. 56754. 57002. 57643. 57953. 58219. 58181. 58335. 57630. 56944. 3.3 2.2 1.6 .8 .5 -4.7 -5. 1 -5.6 -6. 0 —6. 3 1 | | | 1 56359. 56533. 56522. 56474. 56561. 4.1 -5.4 - 2 . 1 - 2 . 7 -3.3 4 -.8 .7 3.9 4.3 3.4 1.2 5.7 30.A -20.4 -.3 .9 1.8 3.6 3.2 2.6 -3.2 12.4 3.7 8.8 6.0 364.5 365.5 367.0 369.3 369.4 368.9 368.4 368.1 367.7 366.6 368.2 369.7 5.9 3.5 4.9 7.9 .4 -1.8 -1.4 -1.0 -1.4 -3.4 5.4 4.9 20720. 5860. 3363. 2611. 2404. 1526. 2290. 879. 551. 1302. -1508. -3117. 1514. 1696. 1679. 1624. 1731. 1874. 2148. 2280. 2352. 2484. 2180. 1462. 16. 1 28.9 16.2 12.4 11.3 7. 1 10.7 4. 1 2.5 6.0 -6.9 -14.3 8. 1 8.9 8.7 8.3 8.8 9.5 11.0 11.7 12. 1 12.8 11. 1 7. 3 I 1 1 | 1 1 | | | | 1 | 371.6 373.8 375.5 376.3 376.8 378.2 378.6 378.8 378.9 379.0 378.9 377-0 6.4 7.3 5.7 2.4 1.8 4.4 1.4 .5 .3 .5 -.4 -6.0 21175. 21 1 7 0 . 21097. 21034. 21051. 21266. 21360. 21398. 21370. 21345. 20970. 20551. -3578. -55. -862. -747. 212. 2724. 1153. 470. -343. -297. -4091. -4502. 888. 450. 115. -154. -327. -236. -324. -357. -432. -562. -807. -947. -16.6 -.3 -4. 1 -3.5 1.0 12.9 5.4 2. 2 — 1.6 -1.4 -19.2 -21.5 4. 4 2.2 .5 -.7 -1.5 -1. 1 -1.5 -1.6 -2.0 -2.6 -3.7 -4.4 1 1 | I I | 1 1 1 I 1 I 375-3 373.6 371.8 370.6 369.3 368.9 368.6 367.6 367.3 365.9 363.9 360.9 -5.0 -5.4 -5.6 -3.8 -4.2 -1.2 - 1 . 1 -3.3 -.8 -4.5 -6.5 -9.3 20167. 20051. 19846. 19670. 19570. -4166. -1343. -2331. -2012. -1169. -1008. -1119. -1251. -1364. -1481. -20.3 -6.7 -1 1.6 -10. 1 -5.9 -4.8 -5.3 -5.9 -6.5 -7.0 1 1 I | I _1 357.8 354.7 351.1 348.3 346.0 3216. 1 1 | 1 1 I | 1 | I 1 1 1 | 3 5 8 . 5 10.9 9. 1 9.0 YEAR PERCENTAGE"* DOLLARS -.8 -.2 .3 1.0 1.0 1.2 1.3 1.4 1.6 1.8 1.9 2.0 361.0 362.8 3092. 2764. 2398. 1902. 1629. 1650. AVERAGE S I 7 . E .8 1.6 2.3 2.5 2.4 2.3 2.9 2.1 1.5 3.0 4.2 -1.8 | 1 1 | 1 I I | 1 1 1 I 1 1 I 1 1 I 22.3 22. 9 23.3 23.4 22.5 20.9 18.8 16.5 14. 1 PERCENTAGE CHANGE FROM P R E V I O U S 20982. 21188. 21378. 21502. 21684. 21756. 21801. 21907. 21777. 21498. 20287. | 1 1 1 1 1 1 THOUSANDS! 1 1 28.3 17. 4 19.0 17.4 5.3 -1.2 -5.4 -3.6 -1.7 -1.6 11.3 30.5 3388. NUMBER OF 1 PERCENTAGE CHANGE FROM P R E V I O U S -9.7 -10.1 -11.4 -9.2 -7.7 2.6 2.5 2.5 2.6 2 . 3 2.3 2.0 1.7 1.2 .6 .3 -. 1 -. 3 -.2 . 1 . 1 .? .3 1. 1 1.3 1.5 2 . 5 2.8 2.9 3. 1 3.4 2.9 2.0 1.0 - . 1 _i 1 1. 1 10.6 9.8 A. 1 1. 4 1.2 1.4 1. 1 .9 .3 -.2 - . 1 -.2 - . 4 -.5 8 6 TABLE 212.1M PRODUCTION CREDIT L O A N S M A D E AND LOANS MILLIONS OF DOLLARS MONTH 1 | MADE P E R C E N T A G E CHANGE FROM P R E V I O U S PERCENTAGE MONTH YEAR STANDING* 1795. - 1 1 . 2 13.6 -FEB. . . . - M A R . . . . - A P R . . . . 1594. 1932. 1711. 1412. 1439. 1177. 1 178. 1169. 121 1. 1488. 2147. - 1 1.2 2 1 . 2 - 1 1 . 3 - 1 7 . 6 1.9 - 1 8 . 2 . 1 - . 8 3 . 6 12.8 3 2 . 6 18.3 12.3 19. 1 3.6 20. 1 9 . 9 - 2 . 0 2 4 . 5 6 . 2 17. 15. 18. 15. 12. 12. 10. 10. 9. 10. 12. 18. . . . . 1974. 1830. 2196. 1874. 1652. 1615. 1292. 1281. 1284. - 8 . - 7 . 20. - 1 4 . - 1 1 . - 2 . - 2 0 . - . - O C T . . . . - N O V . . . . - D E C . . . . 1326. 1545. 2179. 1 9 7 8 - J A N . . . . - F E B . . . . 2054. 1912. 2414. 2028. 1909. 1788. 1544. 1593. 1577. 1804. 1967. 2608. J U N . . . . JUL. . . . A U G . . . . S E P . . . . - O C T . . . . - N O V . . . . - D E C . . . . 1 9 7 7 - J AN. . . . - F E B . . . . — MAR. . . . - A P R . . . . - J U N . . . —JUL... - A U G . . . - S E P . . . —MAR.... - A P R . . . . - J U N . . - J U L . . -AUG. . - S E P . . . . . . . . . . -OCT. . . . -NOV - D E C . . . . -OCT 1980-JAN —AUG.... - S E P . . . . -OCT. . . . - N O V . . . . - D E C . . . . 1981-JAN -FEB -MAR. . . - A P R . . . -MAY... —JUN... - J U L . . . - A U G . . . - S E P . . . . - O C T . . . . -NOV - D E C . . . . 3067 2896 3669 3291 2763 1982-JA N - F E B . . . . -MAR. . . . - A P R . . . . -MAY.... - J U N . . . . —JUL. . . . 1983-JAN.... 31 25 34 28 25 -FEB. . . . — MA R . a a • - A P R . . . . -MAY.... 3 8 0 6 0 9 7 8 2 7 9. 9. 9. 11. 16. 15. 1 169. 205. 1 1 | 222. 206. 193. 174. 163. 1 | | | | 153 131 115 123 189 1 1 I 1 1 . . . . . 168. | 209. 219. 217. 206. 198. 1 | | | | 182. 145. | | 126. 104. 1 13. 161. 1 1 I | | 1 1 1 MONTH 1030. 887. 1170. 1139. 1021. 1130. 912. 896. 896. 904. 1025. 1359. - 2 1 . 6 - 1 3 . 9 31.9 - 2 . 6 - 1 0 . 3 10.6 - 1 9 . 3 - 1 . 7 - . 1 1.0 13.4 32.6 1122. 1007. 1310. 1211. 1203. 1227. 1001. 979. 962. 999. 1053. 1345. - 1 7 . 4 - 1 0 . 2 30.0 - 7 . 5 - . 6 2.0 - 1 8 . 5 - 2 . - 1 . 3. 5. 2 7 . 1 8 9 4 8 1176. 1040. 1447. 1285. 1374. 1409. 1218. 1243. 1238. 1420. 1439. 1746. - 1 2 . - 1 1 . 39. - 1 1 . 6. 5 6 1 2 9 1679. 1379. 1838. 1783. 1760. 1748. 1574. 1497. 1508. 1937. 1888. - 3 . - 1 7 . 33. - 3 . - 1 . - . - 1 0 . - 4 . . 28. - 2 . 21. | 1 | | | 13. 11. 11. 11. 12. 13. 18. 176. 175. 151. 139. 1 10. 124. 180. | 1 | 1 | | 1 3 1 . 3 2 3 . 0 19.7 2 9 . 3 23.2 20. 1 27. 1 19.9 19.2 35.3 2 7 . 9 2 4 . 9 18. 16. 19. 17. 15. 13. 12. 11. 11. 14. 14. 19. 158. 183. 199. 191. 173. 167. 156. | | | | | | | 149. 144. 128* 135. 182. | J | | | 27. 1 19. 163. | 2 6 . 8 10.9 13.6 10.0 13.2 10. 1 - . 0 11.0 - 1 . 9 - 7 . 3 16.4 16. 17. 195. 213. | | 16. 13. 12. 11. 9. 10. 12. 12. 20. 211. 174. 161. 133. 123. 117. 102. 1 19. 178. | | | | 1 | | | 1 3 . 9 8.2 17.9 18.3 8 . 3 12.6 18.5 8.4 4 . 8 - 3 . 8 - 1 . 7 - 4 . 8 18. 16. 19. 17. 13. 13. 12. 9. 10. 10. 10. 17. 153. 213. 206. 195. 183. 167. 156. 128. 1 | | | | | | | 120. 106. 100. 141. 1 f 1 | 2404. 2323. 2033. 2116. 1948. 1596. 1688. 1733. 1646. 2365. - 1 5 . 0 - 1 3 . 9 —5.6 2 6 . 7 - 1 0 . 3 - 1 6 . 0 3. 5 - 2 2 . 4 - 4 . 6 - 1 . 8 - 2 . 3 14.3 39. 1 - 1 - 15. 14. 18. 16. 13. 13. 10. 10. 9. 9. 11. 16. 1 1 1 1 . . . . | | | | 1876. 1570. 2131. 1986. 185. 185. 153. I | | 132. 1 17. 99. 1 | | 92. 134. | | 1852. 2155. 1685. 1565. 1582. 1528. 1652. 2119. 123. 170. 194. 187. 1 | | | 1 1 1 1 6. 9. 0. 7. - 8 . 2 - 2 7 . F 34.9 172. 1 1664. - . 2 4 8 9 3 - 2 . 7 - 1 . 6 2 9 . 9 3. 1 2 9 . 5 5 . 2 - 1 3 . 0 7 . 5 - 1 - 1 - 1 7 . 1 3 . 1 6 . 1 1 . 1 1 . 6 9 . 3 14.7 - 2 . 6 6 2 . 6 - 6 . 1 - 9 . 5 17.2 - 6 . 8 - 2 0 . 4 - 2 . 3 - 6 . - 1 9 . 5 . 5. - . 57. . . . . . . . . . . 5 2 7 4 5 4 - 2 . 8 - 1 7 . 6 31.7 - 1 6 . 0 - 1 2 . 4 0 . 2 2 . 9 6 . 5 1 . 4 4 . 5 - 1 3 . 3 2 . 3 - 5 . 0 - 1 1.9 1.2 - 1 0 . 6 - 1 - 1 - 2. 0 . 7 . 3 . 9 . 16. 13. 18. 15. 13. 3 7 1 0 3 2 8 9 9 6 1 6 2 2285. 2226. 1781. 2044. 1957. 2 . 5 - 1 3 . 6 2. 1 - . 4 14.6 1.4 21.3 8 9 3 0 3 6 0 9 8 4 5 0 - 2 . 6 - 2 0 . 0 14.7 1834. 1828. 1648. 1403. 1583. 1839. 1677. 2636. - 4 . 2 - 6 . 3 - . 3 - 9 . 8 - 1 4 . 9 12.8 16. 1 - 8 . 8 57. 1 2319. 1906. - 1 2 . 0 - 1 7 . 8 9 4 9 6 4 0 0 6 LOANS P E R C E N T A G E CHANGE FROM P R E V I O U S 146. 191. 191. 187. 174. - 1 0 . 3 - 8 . 7 - 8 . 6 2861. 2221. 2118. 2079. 2031. 2321. 3229. - N O V . . . . -DEC. 16. 15. 18. 15. 13. 12. 9. TIONS MILLIONS OF DOLLARS 14. 18. 15. 14. 3. - 1 2 . 2 2 . - 9 . 3562. 3225. 3780. 3522. 2803. 2738. 2560. 2070. 2188. 2305. 2294. 361 1. . . . . . . | 4. 1 4 . 5 9.9 8.2 15.6 10.7 19.5 2 4 . 3 2 2 . 8 36.0 2 7 . 3 19.7 26.3 - 1 6 . 0 - 5 . 8 - 6 . 4 - 1 3 . 6 3. 2 - 1 . 0 14.4 9. 1 32. 6 3427. 2981. 3205. 2977. 2588. 2431. 2161. 1909. 2087. 2395. 2333. 3793. -FEB -MAR. . . . - A P R . . . . -MAY.... —JUN...* 10.0 14. 8 13.7 9 . 3 17.0 12.3 9.7 8.8 9 . 9 9 . 5 3.9 1.5 - 5 . 7 - 6 . 9 2516. 3259. 1979-JAN - F E B . . . . -MAR. . . . — A P Re . . » -MAY.... -JUN. . . . -JUL. -AUG -SEP 1 3 0 7 8 3 0 8 . 2 3. 2 16.6 41.0 2697. 2350. 2890. 2621. 2352. 2148. 1962. 1910. 1880. 2441. - N O V . . . . -DEC... . 22.9 44. 3 OF OUT-*™ ™ 1 L L E C - ! 1976-JAN.... - NFW I AS "LOANS I 1 ASSOCIATIONS NEW L O A N S 26. 1 - 3 . 4 - 1 2 . 4. - 8 . - 1 8 . 5. 2. - 5 . 5 1 0 0 7 7 0 4 3 . 7 YEAR \ 10.2 10.0 3 4 9 4 21. 10. - . 25. 3. 97. 114. 134. 137. 10. 8. 11. 10. 9. 10. 8. 7. 7. 39.5 23. 16. 21. 6 . AS~PERCENTAGE'S? !~LOANS~OUT-~"COLLECTIONS 1 STANDING* 8 6 8 4 4 140. 136. 126. 116. 100. 86. 85. 120. 7. 8. 11. 9. A. 8 . 9 13.5 12.0 6 . 3 17.8 8.6 9 . 7 9.3 7 . 4 10.5 2.7 - 1 . 0 95. 115. 130. 140. 150. 151. 141. 111. 94. 78. 77. 11. 10. 9. 9. 7. 7. 7. 7. 8. 10. 4 . 8 3 . 3 10.5 6. 1 14.2 14.8 21.7 27.0 28.7 42.1 36.7 29.8 9. 8. 11. 10. 10. 10. 9. 8. 8. 9. 10. 12. 4 3 2 3 2 2 2 7 8 8 7 5 0 8 0 11. 9. 12. 12. 11. 2 2 2 2 3 3 3 4. 9. 0 . 1. 6 . 1 . 0. 1 2 4 8 5 2 9 99. 11. 9. 9. . . . . . 84. 104. 114. 1 19. 125. 139. 138. 118. 109. 87. 90. 120. 99. 108. 126. 130. 129. 136. 125. 117. 115. 101. 101. 128. 9. 11. 11. 13. 32.6 12. 106. 2 9 . 2 11.2 9 . 7 10. 11. 117. 135. 138. 10. 9. 9. 8. 7. 8. 9. 9. 4.2 4 . 5 4 . 7 - 6 . 2 5 . 0 - 5 . 1 - 1 1 . 2 15.4 124. 121. 101. 90. 89. 78. 85. 124. 14. 4 . 2 7 . 0 100. 126. 131. 129. 133. 12. 10. 12. 11. 10. 10. 9. 7. 8. 17.6 18.7 10.9 15.8 18.2 13.8 6 . 6 - 5 . 7 129. 119. 99. 93. 80. 72. 8. 8. - 1 . 9 - 1 0 . 3 1 1. 1.1 - 3 . 5 8. 1 28.3 —6. 3 - 1 1 . 8 .4 - 1 0 . 4 92. 9. 8. 10. 10. 9. - 2 1 . 8 - 7 . 1 - 1 9 . 1 -17.FI - 1 1 . 4 - 1 4 . 5 - 8 . 9 1.8 - 1 3 . 5 - 1 . 9 7. 7. - 2 0 . 7 - 1 6 . 3 35.7 - 6 . 8 - 6 . 7 16.4 - 1 2 . 3 77. 98. 114. 116. 124. 140. 116. 98. 89. 74. 66. 88. 10. 8. 7. 8. 10. 3 . 7 10. 9. 10. 7. - 1 6 . 0 - 1 0 . 2 76. 92. 108. 10O. 8. - 1 0 . 2 - 1 0 . 8 114. -1. • LOANS "NEW OUTSTANDING LOANS" ABE AT END COMPUTED AS OF PRECEDING LOANS MADE MONTH. LESS RENEWALS. RENEWALS INCLUDE SOME NONAGRICULTURAL IOANS (SFE NOTE 01 PAGE 1) . TABLE 2 1 2 . 2 1 1 PRODUCTION C R E D I T A S S O C I A T I O N S LOANS MADE AND NEW LOANS SEASONALLY-ADJUSTED ANNUAL RATE -- LOANS MADE MONTH MILLIONS OF DOLLARS | | J PERCENTAGE CHANGE FROM P R E V I O U S AS PERCENTAGE OF | | 1 LOANS OUT1 STANDING* NEW LOANS i | MILLIONS 7 ~PEPCENTAGE~CHANGE"" 1 AS PERCENTAGE OF OF | | FROM P R E V I O U S COLLEC- 1 DOLLARS 1 |~LOANS~OrTT-~ ~COLLECMONTH TJONS 1 YEAR 1 STANDING* I 1 169. | 11674. -9.3 11.3 107. 112. 11777. .9 165. 1 12.4 107. 110. 171. | 12387. 37.6 5.2 111. 116. 169. | 12869. 3.9 21.5 114. 117. 167. 1 11980. -6.9 15. 1 114. 105. 154. 1 12842. 7.2 21.0 111. 106. 179. | 12060. -6. 1 6.7 103. 12?. 174. | 2.9 12414. 22.6 105. 118. 167. | 1.7 12620. 10.4 106. 114. 165. | 11404. .9 -9.6 94. 1 1 1. 162. | 12916. 25.7 13.3 106. 109. 169. | 13339. 3.3 3.6 108. 113. MONTH TEAR 1976-JAN -FEB.... -MAR -APR -MAY... . - J O N. . . . -JUL.... -AUG.... -SEP.... -OCT.... -NOV -DEC 17637. 17688. 18360. 1858 1. 17530. 18596. 17719. 18339. 18497. 16856. 19232. 19850. -5.6 .3 3. 8 1. 2 -5.7 6. 1 -4.7 3.5 .9 -8.9 14. 1 3.2 14.4 13.2 30.5 16.3 11.2 18.8 4. 1 20.6 9.9 .3 25.6 6.3 161. 160. 165. 165. 153. 161. 152. 156. 155. 140. 157. 161. 1977-JAM -FEB. . . . -MAR. . . . —APR.... -MAY.... -JUN —JUL.... — AUG. e . . -SEP.... -OCT.... -NOV.... -DEC... . 19*79. 20328. 20578. 20110. 20291. 20818. 19588. 20084. 20355. 18706. 20184. 20164. -1.9 4.4 1. 2 -2. 3 .9 2.6 -5.9 2.5 1.3 -8. 1 7.9 -. 1 10.4 14.9 12.1 8.2 15.8 1 1.9 10.5 9.5 10.0 1 1.0 4.9 1.6 157. 162. 163. 157. 157. 158. 146. 148. 149. 136. 146. 146. 170. 169. 169. 176. 180. 178. 196. 163. 159. 150. 150. 144. I | | | f | | | 1 1 1 1 12721. 13461. 13719. 13564. 13981. 13907. 13338. 13735. 13579. 12693. 13283. 13205. -4.6 5.8 1.9 -1.1 3.1 -.5 -4 . 1 3.0 -1.1 -6.5 4.7 —. 6 9.0 14.3 10.8 5.4 16.7 8.3 10.6 10.6 7.6 11.3 2.8 -1.0 103. 108. 108. 106. 108. 106. 100. 101. 99. 92. 96. 95. 111. 112. 113. 119. 124. 119. 134. 112. 106. 102. 99. 94. 1978-JAN. . . . -FEB.... —MAR.... -APR.... -MAY... . -JUN... . -JUL. . . . —AUG.... -SEP.... -OCT.... -NOV.... -DEC.... 20274. 21168. 22440. 21597. 23308. 23076. 23428. 25233. 24949. 25610. 25909. 24 1 5 3 . .5 4.4 6. 0 -3.8 7.9 -1.0 1.5 7.7 -1. 1 2.6 1.2 -6.8 4. 1 4. 1 9.0 7.4 14.9 10.8 19.6 25.6 22.6 36.9 28.4 19.8 148. 155. 164. 158. 170. 168. 168. 178. 173. 175. 175. 161. 150. 154. 148. 151. 152. 160. 188. 170. 174. 160. 166. 161. | | 1 | 1 1 1 1 | 1 | | 13232. 13876. 15066. 14351. 15919. 16065. 16235. 17694. 17513. 18082. 18133. 17096. .2 4.9 8.6 -4.7 10.9 .9 1.1 9.0 -1.0 3.3 .3 -5.7 4.0 3. 1 9.8 5.8 13.9 15.5 21.7 28.8 29.0 42.5 36.5 29.5 97. 102. 110. 105. 116. 117. 117. 125. 122. 124. 123. 114. 98. 101. 99. 100. 104. 111. 130. 119. 122. 113. 116. 114. 1979-JAN.... -FEB.... —MAR... . 26556. 26024. 26806. 27700. 28629. 27757. 29687. 30491. 29685. 34636. 33592. 30212. 9.9 -2. 0 3.0 3. 3 3.4 -3.0 6.9 2.7 -2.6 16.7 -3.0 -10. 1 31.0 22.9 19.5 28.3 22.8 20.3 26.7 20.8 19.0 35.2 29.7 25. 1 175. 169. 173. 177. 181. 173. 183. 185. 178. 203. 192. 168. 163. 147. 153. 153. 151. 152. 166. 168. 178. 186. 183. 164. | | t 1 1 | 1 \ \ | 1 1 18646. 18352. 19128. 19878. 20453. 20117. 20899. 21556. 21346. 24638. 23928. 22202. 9.1 -1.6 4.2 3.9 2.9 -1.6 3.9 3. 1 -1.0 15.4 -2.9 -7.2 40.9 32.3 27.0 38.5 28.5 25.2 28.7 21.8 21.9 36.3 32.0 29.9 123. 120. 124. 127. 129. 125. 129. 131. 128. 144. 137. 124. 115. 104. 109. 110. 108. 110. 117. 119. 128. 132. 130. 120. 33625. 33136. 29690. 31179. 31490. 3146 8. 32467. 30704. 32895. 33960. 31521. 35114. 11.3 -1. 5 -10.4 5. 0 1.0 -. 1 3. 2 -5.4 7. 1 3.2 -7.2 11. 4 26.6 27.3 10.8 12.6 10.0 13.4 9.4 .7 10.8 -2.0 -6.2 16.2 183. 177. 156. 162. 161. 160. 165. 157. 169. 175. 162. 179. 170. 155. 162. 167. 152. 148. 141. 140. 145. 148. 163. 161. | | I f | | 1 | | | | | 24348. 23778. 21298. 21804. 21465. 21228. 21675. 20446. 22379. 23358. 21386. 25385. 9.7 -2.3 -10.4 2.4 -1.6 -1. 1 2. 1 -5.7 9.5 30.6 29.6 11.3 9.7 4.9 5.5 3.7 -5. 1 4.8 -5.2 -10.6 14.3 132. 127. 112. 113. 110. 108. 110. 105. 115. 120. 110. 130. 123. 112. 116. 117. 104. 100. 94. 93. 99. 102. 110. 116. 34 86 8 . 36033. 34900. 36587. 34157. 35440. 38323. 33492. 34449. 32640. 31315. 33407. -.7 3. 3 -3. 1 4.8 -6. 6 3.8 8. 1 -12.6 2.9 -5. 3 -4. 1 6. 7 3.7 8.7 17.5 17.3 8.5 12.6 18.0 9. 1 4.7 -3.9 -.7 -4.9 174. 178. 168. 174. 161. 166. 178. 154. 1 | 1 | 1 | | | | | | | 25074. 25523. 25064. 25851. 23966. 24709. 25481. 23467. 23813. 22001. 21126. 22602. -1.2 1.8 -1.8 3.1 -7.3 3.1 3. 1 125. 126. 121. 123. 113. 116. 112. 109. 150. 143. 153. 161. 168. 156. 154. 158. 154. 165. 147. 149. 154. 139. 128. 30014. 32527. 33716. 34008. 33756. 36950. 33157. -10.2 140. 154. 159. 161. 160. 176. 156. 161. 153. 135. 149. 142. 133. 142. 147. 150. 159. 171. 162. 153. 145. 143. 129. 122. | | | | | | 1 | | | I | 20151. 21133. 22196. 22108. 21936. 25197. 21935. 23140. 22260. 19428. 21305. 20119. -10.8 4.9 5.0 150. 144. 156. 149. 156. 131. 132. 145. 146. 147. | | | | | 20918. 19017. 19748. 18584. 19791. 1 -MAY.... -JUN.... —JUL. . . . -AUG -SEP.... -OCT. . . . -NOV.... -DEC.... 1980-JAN.... -FEB.... -MAR.... —APR.... —MAY... . —JUN. . . . —J U L . . . . — AUG- . . . -SEP. . . . -OCT.... -NOV - D E C . . . . 1981-JAN -FEB -MAR - A P R . . . . -MA Y. . . . - J U N . . . . —JUL. . . . —SEP. . . . - O C T . . . . - N O V . . . . -DEC. . . . 31898. -MAP.... —APR.... —JU H . . . . -6.5 -13.9 -9.7 -3.4 -7.0 -1.2 4.3 -13.5 2.9 -5.2 -1 1.8 1.9 -10.8 30786. 29109. 31208. 29506. 30706. -FEB - 1 1 . 9 10.9 29811. 1982-JAN.... 3.3 -5.4 7. 2 -5.5 4. 1 2.6 -10.5 -7.4 -13.2 -9.0 -AUG. . . - -.7 9. 5 - 1 0 . 3 3.9 -5. 2 32664. 28773. - O C T . . . . -NOV -DEC.... 1983-JAN -FEB —MAR...- -APP -MAY L • . 9 34455. -SEP.... 8.4 3.7 . 158. AT END OF PRECEDING 1.5 -7.6 -4.0 7.0 - . 4 -.8 14.9 -12.9 5.5 -3.8 -12.7 9.7 -5.6 MONTH. "MEW LOANS" ARE COMPUTED AS LOANS MADE L E S S RENEWALS, AND THEN SEASONALLY RENEWALS I N C L U D E SOME N ON AGRICULTURAL LOANS ( S E E NOTE ON PAGE 3) . - 7 . 9 —1- - S E A S O N A L L Y - A D J U S T ED LOANS OUTSTANDING 4.4 -8.4 18.7 ADJUSTED. 3.0 7 . 3 17.7 18.6 11.7 16.4 17.6 14.8 6.4 -5.8 -1.2 -11.0 -19.6 -17.2 -11.4 -14.5 - 8 . 5 2.0 - 1 3 . 9 -1.4 -6.5 -11.7 . 8 -11.0 4.0 -9. 1 3.8 3.8 -10.0 -11.0 - 5 . 9 - 1 5 . 9 6.5 -9.8 119. 108. 104. 101. 96. 104. 116. 119. 111. 107. 110. 103. 103. 104. 94. 87. 94. 90. 100. 9.1. 105. 97. 105. 104. 120. 103. 108. 104. 98. 103. 91. 96. 86. 83. 100. 96. 102. 94. 98. 94. 101. 117. 107. 103. 99. 89. 86. 92. 92. 95. 8 TABLE 212.3M PRODUCTION CREDIT ASSOCIATIONS L O A N S M A D E A N D NEW L O A N S TWELVE-MONTH MOVING T O T A L LOANS FROM P R E V I O U S YEAR MILLIONS OF YEAR ENDING— DOLLARS AS 1 | MILLIONS PERCENT 1767. 1768. 14 15 1 5 14 1 | LOANS OUTSTANDING* 1 1 1 1 1 1 4 0 2 8 2124 2234 2284 2263 2220 2416 -OCT. . . . - N O V . . . . 17862. 17837. 18130. 2390. 2259. 2487. - D E C . . . . 18256. 2259. 1843 4. 2223. 2277. 2066. 1961. 13.9 12.2 1 1.4 -SEP 1977-JAN 18671. 18934. 19094. - F E B . . . . - M A R . . . . - A P R . . . . -MAY 1951 1962 1972 1984 1995 J U N . . . . JUL. . . . A U G . . . . S E P . . . . - O C T . . . . - N O V . . . . -DEC 1978-JAN -FEB - M A R . . . - APR. . . - M A Y . . . -JUN. . . - J U L . . . -AUG... - S E P . . . 2 2 2 2 2 2 2 2 1 2 2 3 9 7 9 8 8 3 7 1 6 4 6 9 - O C T . . . . - N O V . . . . - D E C . . . . 9 2 7 2 0 8 7 7 11621. 1 1824. 11879. 12039. 12124. 12117. 12325. 1621. 15. 1 106. 114. 14.9 15.1 13.0 113. 168. 169. 169. 16 16 14 13 106. 157. 158. 1 1 1 1 106. 106. 106. 113. 114. 11.7 10.6 10.8 106. 114. 106. 105. 115. 116. 158. 2 2 2 2 4 5 7 7 6 8 2 9 1. 1. 1. 3. 171. 12975. 1354. 13073. 13162. 1249. 1283. 1 1. 1 156. 173. 13245. . . . . 1 1. 1 1 1.9 10.4 9 . 8 155. 154. 153. 152. 172. 169. 13311. 13406. 10.0 9 . 8 10.6 105. 104. 103. 116. 115. 114. 168. 165. 13433. 13420. 1206. 1 186. 1289. 1109. 1050. 9 . 0 8 . 5 103. 101. 112. 110. 9 . 2 8 . 3 7 . 9 151. 151. 151. 162. 161. 160. 8 . 1 7 . 4 7 . 3 101. 101. 101. 109. 108. 107. 8 . 4 9 . 4 10.2 15 15 15 15 15 15 . . . . . . 158. 157. 156. 156. 156. 157. 4. 7. 4. 8. 9. 0. 7. 1. 8. 1013. 926. 923. 7 . 8 7 . 8 7 . 7 1 1 1 1 1 1 1 1 1 925. 914. 997. 1126. 1307. 1517. 7 7 7 8 9 . . . . . 2 0 6 6 9 101. 102. 103. 104. 12.0 13.7 15.7 161. 163. 165. 156. 157. 159. 15248. 15635. 16036. 1843. 2202. 2616. 1 1 1 1 1 3 6 9 . . . . 4 7 4 5 110. 112. 114. 106. 105. 104. 105. 105. 106. 107. 108. 110. 18.4 20. 1 2 1.2 1 1 1 1 1 1 160. 160. 161. 16538. 16876. 3064. 3370. 2 2 . 7 24.9 116. 118. 111. 111. 3623. 4047. 4262. 2 6 . 6 2 9 . 5 30.7 119. 112. 121. 4420. 4559. 4548. 3 1 . 4 31.9 113. 114. 114. 114. 7 9 1 3 6 5 3 0 6 2 9 5 . . . . 2 3 . 2 2 3 . 8 2 4 . 5 5 5 5 5 3 4 6 8 2 8 0 3 1 1 8 0 68. 69. 71. 73. 74. 74. 2 7 1 4 6 6 5 9 7 5 0 0 . . . . . . . . 18846. 19100. 19369. 19887. 20336. 20875. 2 2 2 2 190. 180. 179. 178. 163. 164. 21422. 21825. 4884. 4949. 165. 167. 22030. 22204. 4763. 1 1 1 1 1 1 . . . . . . 167. 167. 2 2 2 2 2 2 3242 3266 3324 3378 3400 3430 3470 3486 4 8 3 7 3 9 9 9 2666. 9 . 0 167. 153. 22 25 27 27 27 7 8 8 8 8 167. 169. 154. 155. 22673. 23034. 170. 170. 170. 154. 155. 155. 23400. 23599. 23887. 157. 157. 3 3 3 3 9. 0. 1. 8. 17 17 16 16 4 4 4 4 22548. . . . . . . . . 33723 33493 33452 33576 33236 - J U N . . . . - J U L . . . . -AUG -SEP. - O C T . . . . - N O V . . . . - D E C . . . . . . . . . 332 331 329 329 325 -MAR -APR. - M A Y . . . . . . . . . 8 7 0 2 4 5 6 2 8 7 0 0 8 7 1 2 1 . 3 2 0 . 8 19.6 . . . . . . 1 1 1 1 . . . . . 8.2 7.6 4.8 1.9 . . . . . 5 3 8 7 6 7 7 7 7 7 6 7 5 3 1 0 8 1 1 1 1 6 6 5 5 4 2 9 6 . . . . - 1 9 7 8 . - 1 9 1 2 . - 2 1 1 1 . - M A Y . . . . 5 5 6 7 118. 107. 107. 107. 103. 102. 107. - 3 . 0 - 4 . 6 100. 99. 99. 148. 147. 22545. 22282. 55. 55. 54. 55. 53. 148. 147. 2 2 2 2 - 106. 105. 105. 104. 104. 104. 149. 147. 157. 156. 156. 147. 146. 146. 156. 155. 1 1 1 1 1 - 5 . 5 - 6 . 1 4 9 8 8 111. 109. 2071. 2063. 156. 152. . . . . . . 160. 158. 1 2 5 1 7 . . . . 4 . 8 2 . 8 - . 0 8 8 8 7 4 7 7 0 5 9 8 7 1755. 2041. - 9 . 6 - 1 0 . 0 21700. - 2 4 0 2 . - 2 3 7 7 . - 9 . 9 - 9 . 9 - 1 8 6 3 . - 7 . 9 - 1 6 8 8 . - 7 . 2 - 7 . 1 103. 102. 96. - 7 . 2 101. 101. 2 2 1 1 2 1 9 9 5 4 4 4 1 5 0 6 . . . . 154. 153. 153. 144. 143. 21610. 21379. - 2 0 9 0 . - 6 . 2 151. 151. 142. 141. 21061. 20873. 3 9 1 3 4 4 0 2 3 3 2 5 9 9 9 99. 99. 99. 21770. 147. 1*6. 145. 1 1 2 2 2 - * . 6 - 7 . 9 - 8 . 7 . . . . . - 4 . 5 - 5 . 0 - 5 . 6 . . . . 116. 117. - 9 . - 7 1 2 . - 1 0 9 3 . 1 3 4 3 3 0 - 4 . 5 0 8 9 3 106. 3 . 9 4 . 6 1085. 624. 4 4 4 4 4 4 - 1 5 2 4 . - 1 6 7 5 . - 1 8 7 4 . 1 4 1 6 116. 2 2 2 2 2 2 - 1 5 4 4 . 3 0 6 3 107. 5 . 3 118. 116. 114. 112. 109. 23025. 22688. 22506. 1 0 9 7 144. 2 2 1 1 107. 116. 17.0 15.7 1321. 1530. 3 3 3 3 - F E B . . . . - M A R . . . . - A P R . . . . 115. 7 . 6 1126. 848. 1003. 1196. 32619. 1 9 8 3 - J A N . . . . 12.2 8 . 7 1580. 126. 124. 122. 120. 119. 117. 23634. 23298. - . . . . . 2429. 1768. . . . . . . 0 7 9 0 . . . . 2 5 2 2 2 0 19 115. 113. 1.4 - . 9 - 1 . 6 2 4 4 5 5 118 119 119 119 4439. 4128. 3867. 3586. 3239. 3045. 10.1 7 . 2 5 . 4 3 . 6 9 . 2 9 . 7 117. 129. 127. 2243. 1622. 480. - 2 9 5 . - 5 5 0 . - 7 3 4 . - 1472. - 1 5 8 4 . - 1 7 9 4 . . . . . 129. 130. 2 9 - 5 2 9 . 3 2 7 . 6 . . . . 114. 114. 115. 116. 117. 124. 126. 127. 3 0 . 4 30. 1 3 0 . 7 9. 1 9 . 2 9 . 2 1739. 1166. 5 2 7 9 8 8 2 9 4 6 128. 3 1 . 3 30.6 . . . . 108. 108. 165. 163. 8 4 8 6 7 5 3 3 1 1 2 9 1 0 110. 110. 110. 111. 109. 106. 7 . 3 9 9 0 3 2 3 4 3 4 3 4 3 0 4 122. 123. 124. 124. 119. 119. 118. 117. 158. 159. 2 2 3 2 2 2 2 2 2 2 5 6 7 8 106. 107. 118. 119. . . . . 9 . 2 9 . 7 9 . 3 2931. 3093. 34163. 33834. 1982-JAN -FEB 8 4 2 0 3 8 2 0 5 0 1 2 2 22104. 22455. 27 07 89 94 10 78 . . . . 160. 160. 16 16 16 16 154. 154. 54 52 48 47 41 33 4 5 4 2 . . . . . . 7 7 8 8 7 0 4 1 8 7 8 5 2 2 4 . 5 2 4 . 6 25. 1 2 4 . 3 . . . . 5 4 4 6 7 8 1 1 1 1 162. 162. 161. 4 5 6 7 8 0 2 5 8 17 17 17 17 17 17 2 4 . 9 2 4 . 6 5310. . . . . 2 3 4 5 7 8 3 3 3 3 3 4 4 4 4 165. 167. - N O V . . . . - D E C . . . . 113. 172. 173. 1 1.2 496 488 484 465 11.5 158. 3262. - O C T . . . . 17. 50. 59. 16. 158. 157. 32289. - J U L . . . . - A U G . . . . - S E P . . . . 115. 115. 114. 12369. - D E C . . . . . . . . 108. 107. 107. 168. -OCT. . . . -NOV... . . 113. 113. 115. . . . . 168. . . . . 5949. 5711. 5504. 1 9 8 1 - J A N . . . -FEB - M A R . . . - A P R . . . -MAY. . . - J U N . . . 109. 108. 108. 1586 1585 1770 1749 157. 9 7 8 7 . . . . . . . . . -JUL. . . . - A U G . . . . - S E P . . . . 111. 112. 112. 15 15 15 15 3070 3106 3129 3157 3177 3177 3198 3193 3175 4 0 5 8 7 6 4 8 4 112. 111. 106. 107. 108. 1262. 1446. 1572. 160. 160. 5917. 6109. -MAR - A P R . . . . - M A Y . . . . - J U N . . . . 104. 104. 911. 29758. 30338. 1 9 8 0 - J A N . . . . - F E B . . . . 8 . 7 9. 1 1653. 1802. 11262. 11477. 14. 1 4326. 26152. 26570. 26887. 1 8 3 0 COLLECTIONS 11.8 4 4 5 5 7 7 8 9 LOANS OFJTSTANDING* 1 1.4 1 1.8 25349. 25792. 2 2 2 2 F | 12.6 14.4 15.6 15.5 15.4 17.2 16.9 15.8 17. 1 867. 10844. 10931. 166. 167. 167. 167. 168. 169. 170. 170. 168. PERCENT 1 3 . 7 3711. 4068. - S E P . . . . 168. 167. MILLIONS OF .DOLLARS 15.4 14.5 1 5 . 9 1848. 2025. 2387. 2751. 3148. . . . . - J U N . . . . — J U L . . . . —AUG.... . . . . . . 1 AS'PERCENTAGE'OF I . . . . 4 9 6 7 23840. 24279. 24755. . . . . 6 6 9 0 0 1 TIONS T 14.5 15.8 1695. 1541. 1494. 1488. 1505. 1502. 1640. 0. 1. 9. 2. 0. 3. 5. 7. 2 2 2 2 . . . . . . . 013 021 042 058 084 101 126 157 5 5 5 6 6 6 COLLEC- 1 | 6 1 5 1 20 19 20 19 . . . . . 20017. 20049. - O C T . . . . -NOV - D E C . . . . 1979-JAN - F E B . . . -MAR. . . - A P R . . . - M A Y . . . 0 5 8 4 9 OF DOLLARS LOANS CHANGE™ FROM P R E V I O U S YEAR 1 | 1982 2122 1887 1794 19334. - . . . . . . . . . . 16868. 17133. 17288. 17519. 17560. 17757. - J U N . . . . - J U L . . . . - A U G . . . . OF MILLIONS 12.2 12. 1 16212. 16393. -MAR. . . . —A P R . . . . -MAY... . PERCENTAGE 1 OF DOLLARS 1976- JAN. . . . - F E B . . . . NEW HADE CH AWGE - 1 6 4 6 . - 1 6 2 7 . - 1 6 3 4 . 103. 103. 102. 97. 103. - 7 . 3 98. 98. 97. 96. 95. 95. 90. .1 • AVERAGE "NEW LOANS LOANS" ARE OUTSTANDING DARING COMPUTED LOANS AS THE MADE PRECEDING LESS TWELVE RENEWALS. MONTHS (AVERAGE RENEWALS INCLUDE OF END-OP-MONTR SOME DATA). NONAGRICULTURAL LOANS (SEE NOTE ON PAGE 3 | . TABLE 2 1 3 . IN PRODUCTION C R E D I T A S S O C I A T I O N S RENEWALS AND C O L L E C T I O N S COLLECTIONS | I I MILLIONS OF DOLLARS | 1 AS P E R C E N T A G E CHANGE FROM P R E V I O U S PERCENTAGE SECTIONS !15BHALS J~LOANS~OUTMONTH 1976-JAN... -FEB... -MAR -APR... -MAY... — JU N. - . -JUL... -AUG... -SEP... -OCT... -NOV... . 1 •I I I 1977-JAN... I -FEB... 1 -MAR... -! — APR. . . -MAY... - J U N . . ., . l —JUL. . . — AU G . . . -SEP... -OCT.. .-I -NOV.. ..I -DEC.. ..I --1 -.1 ..I I 1980-JAN. . . . I -FEB.. -MAR.. — APR. . -MAY.. - e | -JUN.. --I -JUL.. -AUG.. -SEP.. -OCT.. - H O V . . . . <• | - D E C . .i . -.1 --1 ..I .. . | 3.5 -25.5 14.7 -13.9 -7.4 1.6 -12.5 24.3 15.7 25.2 7. 1 -1. 1 10.6 12.8 15.3 4. 1 9.6 -1.8 -1.6 14.9 14.7 21.4 13.2 19.5 10. 7. 8. 7. 6. 6. 5. 6. 7. 9. 10. 10. 3.0 5-9 9. 1 12.0 19.3 -2. 1 12. 1 15.8 4.9 17.5 7.2 3.4 7. 7. 7. 6. 4. 3. 2. 2. 2. 3. 4. 6. 4346. 40. 37. 38. 47. 43. 41. 33. 27. 27. 25. 23. 19. 25. 37. 1402. 1002. 1265. 1081. 1097. 1014. 883. 1054. 1136. 1636. 1591. 1451. 3.3 -28.6 26. 3 -14.5 1.5 -7.6 -12.9 19.4 7.8 44.0 -2-7 -8.8 19.3 14.4 26.0 25.0 37.0 24.6 24. 1 19.2 11. 1 27.7 16.0 6.9 10. a. 10. 8. 8. 7. 6. 7. 8. 11. 11. 10. 18.0 -4.5 8. 2 -20.3 -29.3 -32.6 -2.7 6.4 -10.2 35.7 24.6 55. 1 16.0 11.5 8.8 12.9 10.8 5.3 19.0 18.3 9.8 31.2 19.0 12.9 7. 7. 7. 5. 4. 2. 2. 2. 2. 3. 4. 6. 38. 41. 36. 32. 25. 19. 37. 43. 42. 38. 30. 24. 24. 24. 22. 21. 25. 35. 1703. 1282. 1455. 1370. 1364. 1284. 1262. 1284. 1307. 1911. 1868. 1787. 17.4 -24.7 13.5 -5.8 -.5 -5.8 -1.8 1.7 1.8 46.2 -2.2 -4. 3 21.4 29.0 15.0 ?6.7 24.2 26.7 42.8 21.7 15.0 16.8 17.4 23.2 11. 9. 10. 9. 9. 8. 8* 8. 8. 11. 11. 10. 1201. 1199. 1162. 1021. 754. 603. 513. 506. 504. 556. 656. 1158. 23.3 - . 2 -3. 1 -12. 1 —26. 1 -20.0 -14. 9 -1.3 - . 5 10.4 17.9 76.5 18.0 23.4 10.5 21.8 27.2 50.9 31.9 22.4 35.6 10.3 4.4 18.9 7. 7. 6. 5. 4. 3. 3. 3. 3. 3. 3. 6. 35. 40. 36. 34. 29. 25. 24. 27. 24. 23. 36. 44. 44. 42. 34. 29. 24. 25. 22. 19. 25. 35. 2101. 1527. 1508. 1414. 1485. 1506. 1629. 1552. 1780. 2359. 1965. 2130. 17.5 -27. 3 -1.2 -6.2 5.0 1.4 8.2 -4.7 14.7 32.5 -16.7 8.4 23. 4 19. 1 3.7 3.2 8.9 17. 2 29. 1 20.9 36.2 23.4 5.2 19.2 12. 8. A. 7. 8. 8. 8. 8m 9. 12. 10. 11. 1199. 770. 621. 613. 474. 500. 572. 649. 1246. 7.4 6. 1 4. 4 -12.9 -35.8 -19.3 -1.4 -22.7 5.5 14.5 13.4 92. 1 3.5 9.9 18.5 17.5 2. 1 3.0 19.4 -6.5 -.8 2.8 -1.1 7.6 6. 7. 7. 6. 4. 3. 3. 2. 2. 3. 3. 6. 35. 41. 36. 34. 27. 23. 24. 23. 23. 25. 35. 47. 43. 40. 33. 27. 27. 23. 22. 21. 22. 33. 2328. 1516. 1836. 1802. 1533. 1641. 1639. 1613. 1823. 2173. 2287. 256 3 . Q. 3 -34.9 21. 1 -1.8 -14.9 7.0 -. 1 -1.6 13. 1 19.2 5.2 12. 1 10.8 -.7 21.7 27.5 3.3 9.0 .6 3.9 2.4 -7.9 16. 1 20.3 12. 8. 9. 9. 7. 8. 7. 7. 8. 10. 10. 12. 1538. 1306. 91 1. 706. 536. 553. 497. 503. 669. 1110. -4. 4 11.3 16.0 -15. 1 -30.2 -22. 5 -24. 1 3. 1 -10. 1 1. 3 33.0 65.8 -4.2 .5 1 1.8 8.9 18.3 13.6 -12.5 16.7 -.6 -12.0 3. 2 -10.9 6. 6. 8. 6. 4. 3. 2. 2. 2. 2. 3. 5. 39. 46. 4 2. 40. 33. 25. 24. 24. 25. 29. 34. 33. 45. 45. 43. 38. 31. 27. 26. 22. 20. 21. 32. 2433. 1598. 1868. 1715. 1491. 1543. 1451. 1605. 1781. 2054. 2515. 2408. -5.0 -34.3 16.9 -8. 2 -13. 1 3.5 -5.9 10.6 11.0 15.4 22.4 -4.2 4.5 5. 4 1.8 -4.8 -2. 7 -6. 0 -11.4 - . 5 -2.3 -5.4 10.0 —6. 0 12. 8. 9. Am 7. 7. 7. 7. 8• 9. 12. 12. 1193. 1178. 1507. 1195. 843. 7.5 — 1.3 28.0 -20.7 -29.5 . 1 -11.2 -2.0 -8.5 -7.5 38. 46. 44. 42. 34. 32. 44. 46. 44. 37. 2546. 1526. 1759. 1535. 1454. 5.7 -40. 1 15.3 -12.8 -5. 3 4.6 -4.5 -5.8 -10.5 -2.5 13. 8. 9. 8. 7. 877. 871. 967. 742. 535. 379. 327. 350. 338. 384. 528. 863. 5. 2 -.7 10.9 -23. 2 -27.9 -29. 1 -13.9 7. 1 -3.2 13.5 37. 4 63.4 1018. 972. 1052. 83 8 . 59 3 . 400. 389. 414. 372. 504. 628. 974. «•I -1 •I I - - I 1 1 9 1 .. 1326 1982-JAN.. -FEB., -MAR.. -APR. -MAY., -JUN. - . 1 -JUL. ••I -AUG. -SEP. -OCT. -NOV. -DEC. 1983-JAN. -FEB. -MAR. -APR. -MAY. » LOANS RENEWALS ...| OUTSTANDING AT END OF P R E C E D I N G AND C O L L E C T I O N S I N C L U D E 10. 7. 8. 7. 6. 7. 6. 6. 7. 9. 10. 9. 1175. 875. 1004. 865. 801. 814. 712. 884. 1023. 1281. 1372. 1357. 11.4 16.4 16.3 15.2 14.7 25.4 9.8 7. 1 18.2 6.7 6.5 5.8 I '•«I .| 1 1243. 1 9 8 1 - J A N . .- . - I - F E B . . • . . I1 3 1 9 . 1376. -MAR.. -APR., -MAY.. -JUN.. —JUL.. -AUG.. - - I -SEP.. .. . | -OCT.. -NOV., - -I -DEC., • 18.9 28.6 52. 1 18.7 15.0 20.8 -4.4 4.2 .9 -2.0 29.6 11.5 42. 48. 47. 43. 36. 32. 29. 25. 24. 20. 26. 38. 8.0 -3.4 7.7 -25.2 -32. 3 -13.6 -24. 8 3.7 6. 8 1. 3 50.8 69.3 »•I YEA* 4 3. 45. 40. 35. 27. 24. 23. 24. 25. 25. 32. 38. 852. 82 3. 886. 663. 449. 388. 291. 302. 323. 327. 49 3 . 834. •1 •• I »1 «•I -FEB.. --I -MAR.. . - I — A P R . .. . 1 -MAY.. . . I -JUN.. - J U L . . -.1 -AUG.. -SEP.. -OCT.-NOV.. -DEC.. ..I 1 -• fiONTH 7. 7. 7. 5. 3. 3. 2. 2. 2. 2. 4. 6. 43. 44. 39. 34. 1 9 7 8 - J A N . . .. . I - F E B . . .. . 1 -MAR.. . . I — APR. . • — MAY.. -JUN.. —JUL.. -AUG.. -SEP.. --I -OCT.. ..I -NOV.. -DEC.. - - 1 1 I 1979-JAN.. • 1 AS P E R 1 1 CENTAGE 01 LOANS OUT1 .S T A N D I N G : 2 3. 24. 2 3. 25. 31. 37. 7. 7. 7. 5. 3. 3. 2. 2. 2. 2. 4. 7. I P E R C E N T A G E CHANGE FROM P R E V I O U S 1062. 776. 871. 831. 731. 829. 723. 770. 892. 1055. 1212. 1136. 18.5 15.4 23.3 9.5 2.8 10.0 -4.9 15. 1 7.7 -5.4 22.5 11.5 ..I 1 1 | 42. 48. 47. 41. 35. 27. 27. 27. 23. 23. 28. 41. 3. 1 -7.5 7.9 -24.5 -32.0 -21.0 -14. 1 6.2 -3.2 12.2 51. 1 70.3 ••I . I " MILLIONS OF DOLLARS 4.3 -27.0 12.3 -4.6 -12. 1 13.4 -12.7 6.4 15.9 18.2 14.9 -6.3 764. 707. 762. 575. 391. 309. 265. 282. 273. 306. 463. 788. ..I OF SOME 28. 21. 6. 6. 8m 6. 4. 28. 21. 21. 22. 21. 21. 27. 33. 20. 22. 20. 21. 25. 30. 28. 31. 28. 35. 26. MONTH. NONAGRICULTUR AL LOANS (SEE NOTE ON PAGE 3 ) 10 TABLE 2 1 3 . 2 1 1 PRODUCTION CREDIT ASSOCIATIONS RENEWALS AND COLLECTIONS SEASONALLY-ADJUSTED ANNUAL RATE RENEWALS 1 | 1 1976-JAN.... - F E B . . .. . - M A R . . . . —JUL.... -SEP.... - O C T . . . . -NOV.... -DEC.... 1977-JAN - F E B . . . . — MAR... . -APR.... -MAY... . -JUN.... -JUL.... — AUG..— . -SEP.... - O C T . . . . - N O V . . . . -DEC.... 1978-JAN - F E B . . . . —MAR.... -JUL... . -AUG... . - S E P . . . . - O C T . . . . -NOV.... -DEC.... 1 979-JAN - F E B . . . . —MAR.... -APR... . — AUG.... -SEP.... -OCT.... -NOV -DEC.... 1980-JAN - F E B . . . . -APR.... . -MAY.... - J U N . . . . — AUG. . . . -SEP.... -OCT.... -NOV.... -DEC.... 1981-JAN.... - F E B . . . . -MAR.... -APR.... -MAY. . . . — AU G. . . . -SEP.... -OCT.... -NOV.... -DEC.... 1982-JAN.... - F E B . . . . — MAR. . . . -APR.... -MAY.... -JUN.... -JUL.... —AUG.... -SEP. . . . -OCT. . . . -NOV.... -DEC.... 1983-JAN - F E B . . . . -MAR.... -MAY PERCENTAGE CHANGE FROM PREVIOUS "LOANS MADE 1 MILLIONS 1 OF 1 1 DOLLARS | COLLECTIONS! AND RENEWALS], 1 10437. 36. | 10717. 35. 1 10715. 36. | 10974. 34. | 10466. 35. | 12083. 32. 1 9905. 36. | 10514. 36. 1 11054. 35. 1 10229. 34. | 1 1866. 35. \ 11768. 36. 1 PERCENTAGE CHANGE FROM PPPVTOUS OF ]_ _ MONTH YEAR 5857. 5803. 5946. 5 7 1 1. 5531. 5714. 5554. 5982. 5838. 5353. 6325. 6658. -1. 1 -.9 2.5 -4.0 -3. 1 3. 3 -2. 8 7.7 -2. 4 -8.3 18. 2 5.3 19. 1 14.4 20.8 7.2 2.2 10-0 -3.7 15.4 8.5 -2.8 25.3 12.4 54. 53. 53. 51. 48. 49. 48. 51. 49. 44. 52. 54. 33. 33. 32. 31. 32. 31. 31. 33. 32. 32. 33. 34. 6577. 6699. 6 7 9 1. 6492. 6256. 7101. 6168. 6358. 6919. 5852. 6916. 7144. — 1.2 1.9 1.4 -4.4 -3.6 13.5 -13. 1 3. 1 8. 8 -15.4 18.2 3. 3 12.3 15.4 14.2 13.7 13. 1 24.3 11. 1 6.3 18.5 9.3 9.3 7.3 53. 53. 54. 51. 48. 54. 46. 47. 51. 43. 50. 52. 34. 3 3. 33. 32. 31. 34. 31. 32. 34. 31. 34. 35. 36. 36. 36. 36. 36. 38. 38. 34. 35. 3234. 34. | | I | 1 | 1 | | | | | 6841. 7034. 7331. 7153. 7374. 6825. 6909. 7289. 7238. 6983. 7624. 7501. -4. 2 2.8 4. 2 -2. 4 3. 1 -7.4 1. 2 5.5 -.7 -3.5 9.2 -1.6 4.0 5.0 8.0 10.2 17.9 -3.9 12.0 14.6 4.6 19.3 10.2 5.0 50. 52. 54. 52. 54. 50. 50. 51. 50. 48. 52. 50. 34. 33. 33. 33. 32. 30. 29. 29. 29. 27. 29. 31. 34. 34. 33. 33. 33. 32. 36. 33. 34. 30. 33. 33. 8037. 783 2. 7951. 7917. 8022. 7025. 8169. 8487. 7905. 9265. 9329. 8613. 7. 1 -2.6 1. 5 -. 4 1.3 -12.4 16.3 3.9 -6.9 17. 2 .7 -7.7 17.5 1 1.3 8.5 10.7 8.8 2.9 18.2 16.4 9.2 32.7 22.4 14.8 53. 51. 51. 51. 51. 44. 50. 52. 47. 54. 53. 48. 30. 30. 30. 29. 28. 25. 28. 28. 27. 27. 28. 29. 9644. 9706. 8755. 9426. 10025. 10366. 10660. 10271. 10706. 10262. 9981. 10361. 12.0 .7 -9. 8 7.7 6.4 3. 4 2.8 -3.7 4. 2 -4. 1 -2. 7 3.8 20.0 23.9 10. 1 19. 1 25.0 47.6 30.5 21.0 35.4 10.8 7.0 20.3 52. 52. 46. 49. 51. 53. 54. 53. 55. 53. 51. 53. 10134. 10750. 10328. 10872. 10071. 10495. 12643. 9535. 10627. 10599. 10047. 11220. -2.2 6. 1 -3. 9 5. 3 -7.4 4. 2 20.5 -24.6 11. 5 3 -5. 2 11.7 5. 1 10.7 18.0 15.4 .5 1.2 18.6 -7.2 -.7 3.3 .7 8.3 9848. 10882. 1146 2. 11676. 11833. 11796. 11016. 11126. 10552. 9335. 10486. 9995. -12.2 10.5 5. 3 1.9 1.3 -.3 -6. 6 1.0 -5.2 -11. 5 12.3 -4.7 9957. 9696. 11180. 10602. 10908. -. 4 -2.6 15. 3 -5.2 2.9 -.MONTH I AS * E P 1 CENT AGE OP I LOANS OUT— I I & E — _l__STANDINGi_ -2.3 2.7 -.0 2. 4 —4.6 15.5 -18.0 6. 1 5- 1 -7.5 16.0 -.8 18. 2 27.6 48. ? 17.2 13.7 19.3 -.7 7.3 1.8 -1. 1 29.4 10. 1 95. 97. 96. 97. 92. 105. 85. 89. 92. 85. 97. 96. 11478. 12017. 12163. 11414. 11287. 11718. 9984. 1231712833. 12449. 13437. 14039. -2.5 4.7 1.2 -6.2 -1.1 3.8 -14.8 23.4 4.2 -3.0 7.9 4.5 10.0 12. 1 13.5 4.0 7.8 -3.0 .8 17.2 16. 1 21.7 13.2 19.3 93. 96. 96. 89. 87. 89. 75. 91. 94. 90. 97. 101. 1 J \ | | | | | | 1 | 1 13556. 13734. 15213. 14289. 15294. 14456. 12485. 14865. 14360. 15965. 15603. 15004. -3.4 1.3 10.8 -6. 1 7.0 —5. 5 -13.6 19. 1 -3.4 11.2 -2.3 -3.8 18. 1 14.3 25. 1 25.2 35.5 23.4 25. 1 20.7 11.9 28.2 16. 1 6.9 99. 101. 111. 105. 112. 105. 90. 105. 100. 109. 106. 100. 33. 31. 31. 30. 30. 28. 31. 32. 32. 33. 34. 32. | 1 | | | ] 1 | | \ | | 16253. 17682. 17525. 18096. 18926. 18224. 17872. 18133. 16645. 18603. 18346. 18448. 8.3 8.8 -.9 3.3 4.6 -3.7 -1.9 1.5 -8.2 11.8 -1.4 .6 19.9 28.7 15.7 26.6 23.7 26. 1 43. 1 22.0 15.9 16.5 17.6 23.0 107. 115. 113. 116. 119. 114. 110. 1 10. 100. 109. 105. 103. 29. 29. 29. 30. 32. 33. 33. 33. 33. 30. 32. 30. 33. 31. 32. 34. 33. 33. 32. 32. 32. 31. 34. 32. | | | 1 I 1 1 | I | | | 19812. 21318. 18290. 18658. 20732. 21235. 23055. 21896. 2264 2. 22993. 19357. 21829. 7.4 7.6 -14.2 2.0 11. 1 2.4 8.6 -5.0 3.4 1.5 -15.8 12.8 21.9 20.6 4. 4 3. 1 9.5 16.5 29.0 20.7 36.0 23.6 5.5 18.3 108. 114. 96. 97. 106. 108. 117. 112. 116. 118. 100. 111. 51. 53. 50. 52. 48. 49. 59. 44. 49. 49. 46. 52. 29. 30. 30. 30. 29. 30. 33. 2 8. 31. 32. 32. 34. 32. 33. 32. 31. 32. 31. 35. 30. 31. 33. 31. 30. 1 | 1 | | | | 1 | | I | 21676. 21427. 22431. 23783. 21598. 23057. 23223. 22713. 23128. 21237. 22503. 26059. -.7 -1.2 4.7 6.0 -9.2 6.8 .7 -2.2 1.8 -8. 2 6.0 15.8 9.4 .5 22.6 27.5 4.2 8. 6 .7 3.7 2. 1 -7.6 16.3 19.4 108. 106. 108. 113. 102. 108. 108. 105. 106. 97. 103. 120. -2.8 1.2 1 1.0 7.4 17.5 12.4 -12.9 16.7 -.7 -1 1.9 4.4 -10.9 46. 51. 54. 55. 56. 56. 52. 52. 49. 44. 49. 48. 33. 33. 34. 34. 35. 32. 33. 32. 3 2. 32. 33. 34. 30. 32. 33. 34. 36. 35. 35. 33. 32. 32. 30. 29. J | | | \ | | | | | 1 | 22512. 22840. 22905. 22639. 21271. 21611. 20517. 22564. 22475. 20164. 24744. 24344. -13.6 1.5 . 3 -1.2 —6. 0 1.6 -5. 1 10.0 -.4 -10.3 22.7 -1.6 3.9 6.6 2. 1 -4.8 -1.5 -6.3 -11.7 -.7 -2.8 - F . 1 10-0 -6.6 105. 108. 108. 107. 101. 103. 96. 106. 105. 94. 116. 1 16. 1. 1 -10.9 -2.5 -9.2 -7.8 48. 48. 56. 53. 55. 3 233. 36. 36. 36. 30. 31. 34. 34. 34. | | | J | 23528. 21987. 21566. 20228. 20932. -3.4 -6.5 -1.9 -6.2 3.5 4.5 -3.7 -5.8 -10.7 -1.6 1 14. 109. 108. 102. 106. - - 1 « SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OP PRECEDING MONTH. RENEWALS AND COLLECTIONS INCLUDE SOME NONAGRICULTURAL LOANS COLLECTIONS 1 AS 1 | 1 LOANS OUTSTANDING* 1 1! MILLIONS OF DOLLARS I! MONTH ( S E P NOTE ON PAGE 3) . 11 TABLE 213.3H PRODUCTION C R E D I T A S S O C I A T I O N S RENEWALS AND C O L L E C T I O N S T W E L V F - M O N T H MOVING T O T A L 1 1 T 1 1 MILLIONS | OF 1 1 DOLLARS I 1 I 1 I 1 BAR NDING— COLLECTIONS RENEWALS C H A N G F " FROM P R E V I O U S YEAR . MILLIONS OF DOLLARS PERCENT | AS 1 1 1 LOANS O U T 1 STANDING* PERCENTAGE LOANS MADE OF MILLIONS OF DOLLARS COLLECTIONS AND R E N E W A L S 1 1 J CHANGE FROM P R E V I O U S YEAR 1"MILLIONS 1 OF J DOLLARS | I PERCENT AS PERCENTAGE OF 1 LOANS O U T STANDING* I 1. 1 | 1 ! 1 | 1 | 1 1 1 5368. 5462. 5606. 5656. 5667. 5695. 5681. 5718. 5738. 5720. 5805. 5886. 900. 857. 862. 788. 711. 677. 635. 646. 641. 606. 685. 63ft. 20. 1 18.6 18.2 16.2 14.4 13.5 12.6 12.7 12.6 11.8 13.4 12.1 52. 52. 53. 53. 53. 52. 52. 51. 51. 50. 50. 51. 33. 33. 33. 33. 33. 33. 32. 32. 32. 32. 32. 32. 36. 36. 36. 36. 35. 35. 35. 35. 35. 35. 35. 35. 9670. 9843. 1014 2. 10272. 10367. 10510. 10477. 10508. 10516. 10494. 10771. 10888. 1501. 1670. 2002. 2025. 2013. 1945. 1763. 1695. 1460. 1285. 1467. 1387. 18.4 20.4 24.6 24.6 24. 1 22.7 20.2 19.2 16. 1 14.0 15.8 14.6 93. 94. 96. 96. 96. 97. 95. 95. 94. 92. 94. 94. 1977-JAN | —FEB....| -MAR 1 - A P R . . . .1 -MAY .| - J U N . . . . 1 -JUL... . I — AUG. . . . | -SEP 1 -OCT.... 1 -NOV | -DEC | 5974. 6090. 6214. 6301. 6359. 6438. 6463. 6484. 6533. 6554. 6584. 6630. 605. 627. 607. 645. 692. 743. 782765. 796. 834. 779. 743. 11.3 11.5 10.8 1 1.4 12.2 13.0 13.8 13.4 13.9 14.6 13.4 12.6 51. 51. 52. 52. 52. 52. 52. 51. 51. 51. 50. 50. 32. 33. 33. 33. 33. 33. 33. 33. 33. 33. 33. 33. 35. 35. 36. 36. 36. 36. 36. 36. 36. 36. 36. 35. 11001. 11101. 11234. 11268. 11338. 11323. 11311. 11426. 11557. 11783. 11943. 12164. 1331. 1258. 1092. 996. 971. 813. 835. 918. 1041. 1289. 1172. 1276. 13.8 12.8 10.8 9.7 9.4 7.7 8.0 8.7 9.9 12.3 10.9 11.7 94. 94. 94. 93. 93. 92. 90. 90. 90. 91. 91. 92. 1978-JAN 1 -FEB 1 —MAR....| — AP R . . . . ] —MAY....| -JUN ,| -JUL 1 — AUG. . . . | - S E P . . . . | -OCT....! -NOV....} -DEC 1 6656. 6704. 6785. 6864. 6951. 6942. 6978. 7025. 704 1. 7098. 7134. 7162. 682. 615. 571. 563. 592. 505. 514. 542. 508. 545. 550. 532. 11.4 10. 1 9.2 8.9 9.3 7.8 8.0 8.4 7.8 8.3 8.4 8.0 50. 50. 50. 51. 51. 51. 51. 51. 51. 51. 51. 51. 33. 33. 33. 33. 33. 33. 33. 33. 32. 32. 31. 31. 35. 35. 35. 35. 34. 34. 34. 34. 34. 33. 33. 33. 12391. 12517. 12777. 12994. 13291. 13491. 13662. 13832. 13945. 14300. 14520. 14614. 1389. 1416. 1544. 1726. 1953. 2168. 2351. 2406. 2388. 2517. 2577. 2450. 12.6 12.8 13.7 15.3 17.2 19. 1 20.8 21. 1 20.7 21.4 21.6 20. 1 93. 93. 95. 96. 97. 99. 100. 100. 101. 103. 104. 104. 1979-JAN | -FEB. | -MAR | - A P R . . . .1 -MAY | -JUN. . . . | —JUL. . . . | -AUG....! - S E P . . . . | -OCT....| -NOV....! -DEC... . I 1 1980-JAN 1 -FEB | - M A R . . . .1 -APR .1 -MAY. . . . | — JU N . . . . J 7302. 7403. 7488. 7584. 7641. 7661. 7724. 7788. 7821. 794 1. 8041. 8152. 647. 699. 703. 719. 691. 719. 746. 762. 779. 842. 907. 990. 9.7 10.4 10.4 10.5 9.9 10.4 10.7 10.9 1 1. 1 11.9 12.7 13.8 51. 52. 52. 52. 52. 51. 51. 51. 50. 50. 50. 50. 31. 30. 30. 30. 30. 29. 29. 29. 29. 29. 28. 28. 33. 33. 33. 33. 32. 3232. 32. 32. 32. 31. 31. 14914. 15195. 15385. 15673. 15939. 16210. 16588. 16817. 16988. 17263. 17540. 17877. 2524. 2678. 2607. 2679. 2649. 2719. 2926. 2985. 3043. 2962. 3020. 3263. 20.4 21.4 20.4 20.6 19.9 20.2 21.4 71.6 21.8 20.7 20. 8 22. 3 105. 106. 106. 107. 107. 108. 109. 109. 109. 109. 109. 110. 8336. 8563. 8673. 8856. 9017. 9 2 2 1. 9345. 9438. 9570. 9622. 9650. 9834. 1033. 1160. 1185. 1272. 1376. 1559. 1621. 1650. 1749. 1682. 1609. 1682. 14.2 15.7 15.8 16.8 18.0 20.4 21.0 21.2 22.4 21.2 20.0 20.6 50. 51. 51. 51. 51. 51. 51. 51. 51. 51. 50. 51. 28. 28. 28. 29. 29. 29. 29. 30. 30. 30. 30. 30. 31. 32. 32. 32. 32. 33. 33. 33. 32. 32. 32. 32. 18275. 18520. 18573. 18617. 18738. 18960. 19327. 19596. 20068. 20516. 20613. 20955. 3360. 3325. 3188. 2944. 2799. 2750. 2739. 2778. 3080. 3253. 3073. 3079. 22.5 21.9 20.7 18.8 17. 6 17.0 16.5 16.5 18. 1 18.8 17.5 17.2 1 10. 1 10. 108. 107. 106. 105. 105. 105. 107. 108. 107. 108. 9875. 9995. 10209. 10388. 10404. 10422. 10522. 10489. 10485. 10501. 10493. 10581. 1540. 1432. 1536. 1532. 1386. 1201. 1177. 1051. 915. 878. 843. 747. 18.5 16.7 17.7 17.3 15.4 13.0 12.6 11. 1 9.6 9. 1 8.7 7.6 51. 51. 52. 52. 52. 52. 5251. 51. 50. 50. 50. 30. 31. 31. 31. 31. 30. 30. 30. 30. 30. 30. 31. 32. 32. 32. 32. 32. 32. 32. 32. 32. 32. 32. 32. 21183. 21171. 21449. 21887. 21935. 22071. 22081. 22141. 22185. 21999. 22320. 22753. 2908. 2652. 2926. 3270. 3197. 3111. 2753. 2546. 2117. 1483. 1708. 1798. 15.9 14.3 15.8 17.6 17. 1 16.4 14.2 13.0 10.5 7.2 8.3 8.6 109. 108. 109. 110. 110. 1 10. 109. 108. 107. 105. 106. 107. 10529. 10536. 10698. 10805. 10946. 11031. 10955. 11034. 11031. 10962. 10982. 10847. 654. 542. 489. 417. 542. 609. 433. 545. 546. 461. 489. 265. 6.6 5.4 4.8 4.0 5.2 5.8 4. 1 5.2 5.2 4.4 4.7 2.5 49. 49. 50. 50. 51. 51. 51. 52. 52. 51. 52. 51. 31. 31. 32. 32. 33. 33. 33. 33. 33. 33. 33. 33. 32. 31. 32. 32. 32. 33. 33. 33. 33. 33. 33. 33. 22858. 22940. 22973. 22885. 2284 3. 2274 5. 22558. 22550. 22507. 22389. 22617. 2246 3. 1675. 1769. 1*74. 998. 908. 674. 477. 408. 322. 390. 297. -290. 7.9 8.4 6.9 4. 6 4. 1 3. 1 2.2 1.8 1.5 1.8 1.3 -1. 3 107. 107. 107. 106. 106. 106. 105. 105. 105. 105. 106. 106. 10848. 10700. 10669. 10558. 10490. 319. 164. -30. -247. -456. 3.0 1.6 - . 3 -2.3 -4.2 51. 51. 51. 5151. 33. 33. 33. 33. 33. 3232. 32. 32. 32. 22576. 22504. 22395. 22215. 22178. -283. -436. -577. -671. -666. - 107. 107. 107. 106. 107. 976-JAN.... -FEB -MAR -APR -MAY.... -JUN - J U L . . . . -AUG.... -SEP. . . . -OCT -NOV -DEC | -SEP | -OCT....! -NOV....! -DEC 1 1 1981-JAN | -FEB....1 -MAR....| -APR. . . . | — MA Y . . . . | -JON 1 -JUL....! -AUG. . . . 1 -SEP | -OCT. | -NOV...-J -DEC 1 1 1982-JAN.... I -FEB... . I -MAR. | -APR 1 | -JUN....! —JUL....I — A U G . . . . || - S E P . . . . |1 -OCT || -NOV | - D E C . . . . 1| 1 1 1 9 8 3 - J A N . . . . || — F E B . . . . || — MAR. . . . |1 | -APR.... i — MAY. . . . I1 | * AVERAGE RENEWALS LOANS .1 OUTSTANDING AND C O L L E C T I O N S DOR I N G INCLUDE THE SOME PRECEDING TWELVE NONAGRICULTURAL MONTHS LOANS (AVERAGE OF (SEE EHD-OF-NONTB NOTE ON P A G E 3 ) . DATA) . 1 1 2 2 2 . . . . . 2 9 5 9 9 12 TABLE 2 2 1 . 1 H FEOBBAL L 1 I D BASKS LOAMS OOTSTARDIRG AVERAGE S I Z E RUBBER OF LOARS BHD OF IIOITfl I "PERCENTAGE CHARGE FBOH PREVIOUS M I L L I O N S OF DOLLARS | END OF 1 , | CHARGE FBOH P R E V I O U S ! HO NTH TEAR 1 18.6 1 | THOUSANDS | 1 1 443.2 443.7 445. 1 446.0 447.0 448.2 449.0 449.9 450.4 450.7 450.6 450.8 PERCERTAGB CHARGE FROM P R E V I O U S DOLLARS PEBCBRTAGB CHARGE FROM PREVIOUS i m HORTH TEAR .1 .1 .3 .2 .2 .3 .2 .2 .1 .1 -.0 .1 3.1 2.8 2.7 2.5 2.3 2.2 2. 1 2.0 1.9 1.9 1.8 1.8 36533. 36895. 37522. 37998. 38389. 38832. 39246. 39581. 39924. 40267. 40662. 41088. 15.0 14.7 14.7 14.5 14.2 14.0 14.0 13.8 13.7 13.4 13.6 13.6 .0 .1 .3 .2 .2 .3 .2 .2 .2 .1 .0 .1 1.7 1.8 1.8 1.8 1.7 1.8 1.8 1.8 1.8 1.9 1.9 1.9 41457. 41909. 42684. 43243. 43792. 44273. 44732. 45124. 45519. 45868. 46289. 4671H. 13.5 13.6. 13.8 13.8 14.1 14.0 14.0 14.0 14.0 13.9 13.8 13.7 1976-JAR....1 -FEB | —MAR....| -APR 1 -*HAT.. . . | -JON | —JUL....| —AUG....| -SEP | -OCT..- . | -NOV | — DEC. e • . 1 16190. 16370. 16700. 16946. 17160. 17403. 17623. 17806. 17982. 18148. 18320. 18524. 176. 180. 330. 246. 213. 244. 220. 184. 176. 165. 173. 204. 2534. 2490. 2521. 2505. 2467. 2465. 2478. 2474. 2464. 2436. 2483. 2510. 1. 1 1. 1 2.0 1.5 1.3 1.4 1.3 1.0 1.0 .9 1.0 1. 1 1 977—JAR..*-| -FEB....I —WAR....| —APR....| — HA T . . . . | -JUR....1 -JUL.... | —AUG....| —SEP.... J -OCT 1 —ROV....| -DEC....# 18693. 18922. 19331. 19625. 19917. 20190. 2044 1. 20658. 20874. 21057. 21258. 21466. 168. 229. 409. 294. 292. 273. 251. 217. 216. 183. 201. 208. 2503. 2552. 2631. 2679. 2757. 2787. 2818. 2852. 2891. 2909. 2938. 2942. .9 1.2 2.2 1.5 1.5 1.4 1.2 1. 1 1.0 .9 1.0 1.0 1 1 1 1 15.9 450.9 451.5 452.9 453.8 454.8 456.fr 457.0 457.8 458.6 459.1 459.2 459.5 1978-JAN 1 —FEB....| —HAR....| —A P R . . . . | — HAT. . . . | -JUI 1 —JUL....I —AU G . . . . | —SEP.... J -OCT .| -NOV.... 1 —DEC... . | 21672. 21896. 22234. 22481. 22807. 23131. 23395. 23678. 23939. 24211. 24461. 24668. 206. 224. 338. 247. 326. 324. 264. 283. 261. 272. 250. 207. 2979. 2974. 2903. 2856. 2890. 2940. 2954. 3020. 3065. 3154. 3203. 3202. 1.0 1.0 1.5 1.1 1.4 1.4 1. 1 1.2 1.1 1. 1 1.0 . 8 15.9 15.7 15.0 14.6 14.5 14.6 14.5 14.6 14.7 15.0 15.1 14.9 459.8 460.4 461.3 461.8 463.1 464.6 465.9 467.2 468.4 469.5 470.3 471.2 .1 .1 .2 .1 .3 .3 .3 .3 .3 .2 .2 .2 2.0 2.0 1.9 1.8 1.8 1.9 2.0 2.1 2.1 2.3 2.4 2.5 47136. 47559. 48193. 486*0. 49247. *9787. 50213. 50677. 51104. 51564. 52010. 52355. 13.7 13.5 12.9 12.6 12.5 12.5 12.3 12.3 12.3 12.4 12.4 12. 1 1979-JAM | -FEB | — HA R . . . . | — APR. . . . | -HAT... . | -JUN.... | —JUL. . . . ] — AU G . . . . | -SEP. . . . 1 —OCT. . . . | -NOV 1 -DEC | 25053. 25358. 25851. 26294. 26781. 27261. 27658. 28103. 28430. 28859. 29259. 29725. 385. 305. 493. 443. 487. 480. 397. 445. 327. 429. 400. 467. 3381. 3462. 3617. 3813. 3974. 4130. 4263. 4426. 4492. 4648. 4798. 5057. 1.6 1.2 1.9 1.7 1.9 1.8 1.5 1.6 1.2 1.5 1.4 1.6 15.6 15.8 16.3 17.0 17.4 17.9 472.5 473.8 476.0 477.8 480.0 482.4 484.6 486.9 488.7 490.9 492.4 494.9 .3 .3 .5 .4 .5 .5 .5 .5 .4 .4 .3 .5 2.8 2.9 3.2 3.5 3.6 3.8 4.0 4.2 4.3 4.5 4.7 5.0 53020. 53522. 54304. 55030. 55793. 56510. 57070. 57716. 58171. 58793. 59419. 60063. 12.5 12.5 12.7 13.0 13.3 13.5 13.7 13.9 13.8 14.0 14.2 14.7 1900-JAN .1 -FEB....! — HAR. . . . | -APE | -HAT 1 -JON 1 —JUL. a . . 1 —AUG.... | -SEP 1 -OCT | —HOV....| — DEC. . . . | 30268. 30840. 31603. 32425. 33154. 33681. 34167. 34506. 34852. 35235. 35554. 36032. 542. 572. 764. 821. 730. 527. 486. 339. 346. 383. 319. 478. 5215. 5482. 5752. 6130. 6373. 6420. 6510. 6403. 6422. 6377. 6296. 6307. 1.8 1.9 2.5 2.6 2.2 1.6 1.4 1.0 1.0 1. 1 .9 1.3 497.6 500.3 504.1 508.7 512.7 515.6 517.8 519.4 521.0 522.7 523.8 525.8 .5 .5 .8 .9 .8 .6 .4 .3 .3 .3 .2 .4 5.3 5.6 5.9 6.5 6.8 6.9 6.9 6.7 6.6 6.5 6.4 6.2 60831. 61643. 62687. 63744. 64665. 65323. 65980. 66434. 66892. 67409. 67873. 68525. 14.7 15.2 15.4 15.8 15.9 15.6 15.6 15. 1 15.0 14.7 14.2 14. 1 1981-JAR.... 1 -FEB....* —HAR....| -APR. . . . | -HAT.... | —JU M . . . . | —JUL. . . . | — AUG. . . . | -SEP 1 -OCT i -NOV ! -DEC 1 36594. 37188. 38030. 38818. 39568. 40280. 40969. 41516. 42103. 42702. 43212. 43658. 562. 594. 842. 789. 749. 713. 689. 547. 586. 599. 510. 446. 6326. 6348. 6426. 6394. 6413. 6599. 6802. 7010. 7 250. 7467. 7658. 7626. 1.6 1.6 2.3 2. 1 1.9 1.8 1.7 1.3 1.4 1.4 1.2 1.0 528.3 530.8 534.7 538. 1 541.5 545. 1 548.3 551.2 554.4 557.3 559.5 561.4 .5 .5 .7 .6 .6 .7 .6 5 .6 .5 .4 .3 6.2 6. 1 6.1 5.8 5.6 5.7 5.9 6.1 6.4 6.6 6.8 6.8 69273. 70060. 71119. 72141. 73064. 73899. 74723. 75316. 75949. 76626. 77230. 77762. 13.9 13.7 13.4 13.2 13.0 13.1 13.3 13.4 13.5 13.7 13.8 13.5 1982-JAN....1 -FEB 1 -HAR.... | -APR....# —HAT... . | —JUN.... | -JUL....# — AUG. . . . | —SEP. . . . 1 -OCT.. ..J —NOV....| —DEC....| 44063. 44462. 45074. 45506. 45895. 46316. 46583. 46817. 46954. 47088. 47206. 47282. 405. 399. 612. 432. 389. 421. 267. 235. 137. 134. 118. 75. 7469. 7274. 7044. 6687. 6327. 6035. 5613. 5301. 4851. 4386. 3994. 3624. .9 .9 1.4 1.0 .9 .9 .6 .5 .3 .3 .3 .2 563. 1 564.6 566.9 568.8 570.6 572.5 573.9 575.0 575.7 576.0 575.8 575.4 .3 .3 .4 .3 .3 .3 .2 .2 .1 .0 -.0 -.1 6.6 6.4 6.0 5.7 5.4 5.0 4.7 4.3 3.8 3.3 2.9 2.5 78256. 78757. 79503. 80007. 80436. 80900. 81171. 81417. 81564. 81757. 81980. 82170. 13.0 12.4 11.8 10.9 10.1 9.5 8.6 8. 1 7.4 6.7 6.2 5.7 1983-JAN 1 —FEB... . t —HAR....| -APR 1 -HAT....1 47273. 47339. 47485. 47610. 47710. -9. 67. 145. 125. 100. 3209. 2877. 2411. 2104. 1815. -.0 . 1 .3 .3 .2 574.7 574.3 574.3 574.3 574.0 -- 1 -.1 .0 .0 -.0 2. 1 1.7 1.3 1.0 .6 82260. 82436. 82689. 82907. 83112. 5. 1 4.7 4.0 3.6 3.3 17.9 17.8 17.3 16.8 16.5 16.4 16.1 15.9 15.5 15.7 15.7 5 5 5 5 . . . . 5 6 8 8 16. 1 16.0 16.0 16.0 16. 1 16.0 16.0 18.2 18.7 18.8 19.2 19.6 2 0 . 5 20.8 21.6 2 2 . 3 2 3 . 3 2 3 . 8 2 3 . 6 2 3 . 5 22.8 22.6 22.1 2 1 . 5 21.2 2 0 . 9 20.6 2 0 . 3 19.7 19.3 19.6 19-9 2 0 . 3 20.8 2 1 . 2 2 1 . 5 21.2 20.4 19.6 18.5 17.2 16.0 15.0 13.7 12.8 11.5 10.3 9 . 2 8 . 3 7 . 3 6 5 4 4 . . . . 5 3 6 0 TABLE 2 2 1 . 2M END OF MONTH FEDERAL L A I D BANKS LOANS OUTSTANDING SEASONALLY-ADJUSTED DATA 1 1 1 J | I 1 1 1976-JAN 1 -FEB 1 -MAR | -AP8 | -HAY. . . . | -JUN | -JUL....J -AUG 1 -SEP....| -OCT | -MOV....| -DEC 1 AMOUNT M I L L I O N S OF DOLLARS | 1 CHANGE FROM PREVIOUS# 1 MONTH YEAR | <SAAR> 1 END OF MONTH | PERCENTAGE CHANGE FROM PREVIOUS MONTH (SAAR) YEAR AVERAGE S I Z E NUMBER OF LOANS 1 1 1 1 | THOUSANDS* 1 1 1 1 1 1 PERCENTAGE CHANGE FROM P R E V I O U S DOLLARS MONTH (SAAR1 YEAR PERCENTAGE CHANGE FROM PREVIOUS YEAR 16297. 16*94. 16726. 16933. 17105. 17311. 17524. 17724. 17933. 18141. 18366. 18619. 2676. 2525. 3009. 2661. 2188. 2637. 2748. 2554. 2667. 2673. 2893. 3268. 2553. 2511. 2521. 2500. 2455. 2445. 2461. 2459. 2461. 2440. 2497. 2530. 16.6 15.5 18.2 15.9 12.9 15.4 15.9 14.6 15.0 14.9 15.9 17. 8 18.6 18.0 17.7 17.3 16.8 16.5 16.3 16.1 15.9 15.5 15.7 15.7 1 1 * 1 | 1 I 1 | | | 1 444.2 444.9 445.7 446.4 447.0 447.6 448.2 448.9 449.5 450.1 450.7 451.4 2.7 1.8 2.3 1.9 1.6 1.6 1.6 1.9 1.6 1.6 1.5 2.0 3. 1 2.8 2.7 2.5 2.3 2.2 2.0 2.0 1.9 1.9 1.8 1.8 36687. 37075. 37525. 37930. 38265. 38675. 39101. 39484. 39896. 40307. 40755. 41248. 15.1 14.8 14.7 14.5 14. 1 14.0 14.0 13.8 13.7 13.4 13.6 13.6 1977-JAM 1 -FEB | -MAR....| — APR. . . . | —MAT.... | —JUN.... | -JUL 1 -AUG....I —SEP.... | —OCT.... | —NOV....| -DEC 1 1 197 8 - J A N . . . . | -FEB. . . . | MAR....| —APR. . . . | —MAY. . . . | —JUN.... | -JUL.... | —AUG.... | -SEP... .| -OCT | -NOV.. . . | -DEC 1 18819. 19066. 19358. 19604. 19847. 20071. 20321. 20561. 20822. 21057. 21320. 21587. 2550. 3190. 3811. 3173. 3114. 2870. 3215. 3068. 3365. 2997. 3381. 3437. 2522. 2573. 2632. 2672. 2742. 2761. 2797. 2837. 2890. 2916. 2953. 2968. 13.7 16.9 20.0 16.4 15.9 14.5 16.0 15. 1 16.4 14.4 16. 1 16. 1 15.5 15.6 15.7 15.8 16.0 15.9 16.0 16.0 16. 1 16. 1 16. 1 15.9 1 | | | | | | i | I | | 451.9 452.7 453.5 454.2 454.8 455.4 456. 1 456.8 457.7 458.5 459.4 460.2 1.5 2. 1 2.0 1.9 1.6 1.6 1.8 2.0 2.3 2.2 2.3 2.0 1.7 1.8 1.7 1.7 1.7 1.7 1.8 1.8 1.8 1.9 1.9 1.9 41640. 42113. 42686. 43163. 43640. 44075. 44558. 45008. 4 5493. 45921. 46407. 46909. 13.5 13.6 13.8 13.8 14.0 14.0 14.0 14.0 14.0 13.9 13.9 13.7 21821. 22063. 22265. 22451. 22716. 22983. 23252. 23566. 23888. 24217. 24537. 24816. 2987. 3078. 2547. 2345. 3396. 3423. 3431. 4067. 4170. 4257. 4131. 3565. 3002. 2997. 2907. 2847. 2869. 2912. 2930. 3005. 3066. 3160. 3217. 3229. 13.8 14. 1 11.5 10.5 15. 1 15. 1 14.9 17.5 17.7 17.8 17. 1 14.5 16.0 15.7 15.0 14.5 14.5 14.5 14.4 14.6 14.7 15.0 15. 1 15.0 1 I | 1 | I * | | | | | 460.8 461.7 461.9 462.1 463.0 463.8 465.0 466.3 467.6 469.1 470.5 471.9 1.7 2.2 .7 .4 2.4 2.2 3.0 3.4 3.6 3.7 3.8 3.6 2.0 2.0 1.9 1.7 1.8 1.9 2.0 2.1 2.2 2.3 2.4 2.5 47352. 47790. 48200. 48587. 49063. 49551. 50007. 50542. 51082. 51629. 52149. 52585. 13.7 13.5 12.9 12.6 12.4 12.4 12.2 12.3 12.3 12.4 12.4 12. 1 1979—JAN....| —FEB....| —MAR....| —A P R . . . . | —MAY....| -JON | —JUL.... | —AUG.... | -SEP.... | -OCT. J -NOV....1 -DEC J 25228. 25549. 25890. 26256. 26668. 27078. 27482. 27971. 28376. 28867. 29349. 29912. 5427. 4135. 4396. 4763. 5380. 5367. 5267. 6471. 5269. 6493. 6343. 7517. 3407. 3487. 3625. 3 805. 3951. 4095. 4231. 4405. 4488. 4651. 4812. 5097. 21.9 16.4 17.2 18.4 20.5 20. 1 19.5 23.5 18.8 22.9 22.0 25.6 15.6 15.8 16.3 16.9 17.4 17.8 18.2 18.7 18.8 19.2 19.6 20.5 | | | | | I 1 1 | | 1 | 473.6 475. 1 476.6 478.0 479.8 481.5 483.6 486.0 488.0 490.4 492.6 495.8 4.4 3.9 3.8 3.6 4.6 4.3 5.3 6.0 5. 1 6.0 5.7 7.9 2.8 2.9 3.2 3.5 3.6 3.8 4.0 4.2 4.3 4.5 4.7 5.1 53268. 53775. 54320. 54926. 55577. 56234. 56829. 57558. 58150. 58868. 59576. 60336. 12.5 12.5 12.7 13.0 13.3 13.5 13.6 13.9 13.8 14.0 14.2 14.7 1980-JAN....I -FEB....| -MAR....| -APR....| —MAY.... | -JUN.... | —JUL....| -AUG....| —SE P . . . . | -OCT. . . . | —NOV. . . . | -DEC 1 1 1981-JAN .1 -FEB.... | 30488. 31076. 31668. 32389. 33024. 33434. 33933. 34333. 34782. 35239. 3 5 6 6 1. 36257. 7684. 7864. 7885. 9831. 8490. 5270. 6512. 5122. 5799. 5898. 5402. 7848. 5260. 5527. 5778. 6133. 6356. 6355. 6451. 6362. 6406. 6372. 6312. 6345. 25.7 25.8 25.4 31.0 26.2 16.0 19.5 15. 1 16.9 17.0 15.3 22.0 20.8 21.6 22.3 23.4 23.8 23.5 23.5 22.7 22.6 22. 1 21.5 21.2 I 1 | I 1 1 1 | | | I | 498.8 501.8 504.9 509. 1 512.7 514.3 516.5 518.3 520.2 522.1 524.1 526.7 7.6 7.5 7.6 10.3 8.9 3.9 5.1 4.2 4.5 4.7 4.5 6.3 5.3 5.6 5.9 6.5 6.8 6.8 6.8 6.6 6.6 6.5 6.4 6.2 61120. 61926. 62720. 63625. 64412. 65002. 65698. 66247. 66870. 67492. 68048. 68835. 14.7 15.2 15.5 15.8 15.9 15.6 15.6 15. 1 15.0 14.6 14.2 14. 1 36857. 37456. 38092. 38745. 39377. 40018. 40714. 41332. 42037. 42714. 43339. 43929. 7897. 7870. 8386. 8617. 8297. 8416. 9207. 8067. 9291. 8893. 8130. 7629. 6369. 6380. 6425. 6356. 6353. 6584. 6781. 6999. 7254. 7475. 7678. 7672. 21.8 21.4 22.4 22.6 21.4 21.4 23.0 19.8 22.5 21.2 19.0 17.6 20.9 20.5 20.3 19.6 19.2 19.7 20.0 20.4 20.9 21.2 21.5 21.2 | 1 | | 1 | I | | | 1 i 529.5 532.2 535.3 538.1 541.0 544.2 547.2 550.4 553.7 556.8 559.8 562.4 6.5 6.4 7. 1 6.5 6.7 7.3 6.9 7.1 7.5 6.9 6.7 5.7 6.2 6. 1 6.0 5.7 5.5 5.8 5.9 6.2 6.4 6.6 6.8 6.8 69609. 70375. 71164. 72006. 72786. 73539. 74403. 75101. 75922. 76717. 77418. 78111. 13.9 13.6 13.5 13.2 13.0 13. 1 13.2 13.4 13.5 13.7 13.8 13.5 44387. 44783. 45154. 45419. 45676. 46013. 46287. 46613. 46881. 47101. 47341. 47576. 5833. 4993. 4658. 3280. 3187. 4205. 3401. 4059. 3320. 2710. 2967. 2903. 7530. 7327. 7062. 674. 6300. 5995. 5573. 5280. 4844. 4386. 4002. 3648. 13.3 1 1. 2 10.4 7.3 7.0 9. 2 7.4 8.8 7. 1 5.8 6.3 6. 1 20.4 19.6 18.5 17.2 16.0 15.0 13.7 12.8 11.5 10.3 9.2 8.3 | | | | | J 1 | 1 | | 1 564.4 566.1 567.6 568.8 570.0 571.5 572.7 574. 1 575.0 575.4 576. 1 576.4 4.5 3.6 3.1 2.6 2.6 3.3 2.6 3.0 1.8 .9 1.4 .7 6.6 6.4 6.0 5.7 5.4 5.0 4.7 4.3 3.8 3.3 2.9 2.5 78640. 79108. 79558. 79856. 80137. 80512. 80818. 81187. 81534. 81854. 82173. 82536. 13.0 12.4 11.8 10.9 10. 1 9.5 8.6 8. 1 7.4 6.7 6. 1 5. 7 677. 731. -1267. -562. -346. 32452910. 2432. 2120. 1834. 1.4 1.5 -2.7 -1.2 -.7 7.3 6.5 5.4 4.7 4.0 I 1 I | I 576.2 576.0 575.1 574.5 573.7 .5 -.4 -1.9 -1.2 -1.6 2.1 1.7 1.3 1.0 .7 82667. 82802. 82747. 82752. 82809. 5. 1 4.7 4.0 3* 6 3. 3 -JUN....1 —JUL. . . . | —AUG....| -NOV....) -DEC | 1 1982—JAN....I -MAR.... 1 -JUL. . . . I -AUG.... | -NOV....| -DEC 1 1983-JAN....| -MAR....| — MAY. . . . | 47633. 47693. 47586. 47539. 47510. . 14 TABLE 2 2 2 . 1H FEDERAL LAND BASKS LOINS CLOSED | AHOONT H I L L I O N S OF DOLLARS HONTH 1 CLOSED IN HONTH 1 1 | CHANGE FROH P R E V I O O S | 1 1 1 HONTH TEAR 1 PERCENTAGE CHANGE FROH P R E ? I O U S HONTH TEAR A?ERAGE S I Z E NUMBER OF LOANS I 1 1 1 | THOUSANDS| 1 1 1 1 DOLLARS PERCENTAGE CHANGE FROH PRE?I0US T?4? PERCENTAGE CHANGE FROH P R B ? I O U S HONTH TEAR — AO G . « . - | -SEP....| -OCT. | -NO?...-J -DEC 1 393. 347. 528. 436. 364. 405. 367. 321. 323. 314. 351. 438. 18. -46. 181. -91. -73. 41. -38. -46. 3. -10. 37. 87. 88. 40. -15. 3236. 32. 13. —6. 88. 63. 4.8 -1 1.7 52. 1 -17.3 -16.7 1 1.4 -9.4 -12.6 .8 -3.0 11.8 24.8 -1.3 -. 1 20. 1 10.0 -4. 1 8.7 10.9 1 1.2 4. 1 -1.9 33.7 16.7 | | | 1 | 1 | | | 1 1 | 4.8 4.5 6.4 5.4 4.9 5.2 4.5 4.4 4.2 4 1 4.5 5.0 -3.6 -7.2 42.8 -15.7 -9.3 6.1 -13.9 -2.0 —4.6 -1.7 9.0 13.0 -13.3 -12.6 11.2 -2.6 -8.3 .9 -6.2 9.0 -3.0 -7.1 20.0 1.0 81586. 77645. 82736. 81165. 74546. 78265. 82357. 73457. 77572. 76534. 78511. 86699. 13.8 14.3 8.0 13.0 4.6 7.7 18.3 2.0 7.3 5.7 11.4 15.6 197 7 - J A N | -FEB....I — HAS. . . . | -APR 1 —HAT....| —JON. . . . 1 -JUL.... | —AUG....| —SEP. . . . | —OCT.... | -NO?.... | -DEC 1 464. 429. 679. 521. 518. 506. 492. 403. 380. 359. 419. 449. 26. -34. 249. -158. -3. -12. -14. -89. -23. -21. 60. 30. 71. 83. 151. 85. 155. 101. 125. 82. 57. 45. 68. 11. 6.0 -7.4 58. 1 -23.2 -.6 -2.4 -2.7 -18.2 -5.7 -5.6 16. 8 7.2 18.0 23.8 28.7 19.4 42.5 24.9 34. 1 25.6 17.5 14.4 19.5 2.6 1 I 1 1 1 | | | 1 1 1 1 4.9 4.7 6.8 5.6 5.8 5.9 4.8 4.8 4.5 4.4 4.8 5.0 -2.3 —4.3 44.1 -17.3 3.2 1.1 -18.5 .5 -7.3 -2.2 11.1 3.2 2.4 5.6 6.6 4.6 19.0 13.4 7.3 10. 1 7.0 6.4 8.5 -.9 94058. 91013. 99833. 92640. 89273. 86233. 102888. 83792. 85203. 82240. 86442. 89729. 15.3 17.2 20.7 14. 1 19.8 10.2 24.9 14. 1 9.8 7.5 10. 1 3.5 197 8 - J A N . 1 -FEB....! —HAR....I -APR....| -HAT....I -JON 1 —JUL....| —AOG....| -SEP... .| -OCT I -NO? | -DEC...-J 503. 433. 619. 492. 571. 560. 462. 481. 455. 486. 470. 483. 54. -70. 186. -127. 79. -11. -98. 19. -26. 31. —16. 13. 39. 4. —60. -29. 52. 54. -30. 78. 75. 127. 51. 34. 12.0 -13.9 42.9 -20.5 16.0 -1.9 -17.5 4. 1 -5.4 6.8 -3.2 2.7 8.4 .8 -8.8 -5.6 10. 1 10.6 -6.2 19.3 19.8 35.5 12.3 7.6 1 | | I | 1 1 | 1 | I I 4.9 4.5 5.9 4.9 5.9 5.9 4.8 5.3 4.7 5.2 5.2 5.2 -1.7 -8.6 31.2 -16.8 19.7 .3 -17.7 10.0 -12.7 12.4 -1.3 -.2 -.2 -4.7 -13.3 -12.8 1.2 .4 1.3 10.9 4.4 19.9 6.5 3.0 102187. 96334. 104921. 100255. 97164. 95029. 95272. 90130. 97744. 92918. 91087. 93784. 8.6 5.8 5. 1 8.2 8.8 10.2 -7.4 7.6 14.7 13.0 5.4 4.5 1979—JAN...•| -FEB....* 734. 531. 799. 733. 790. 74 8 . 657. 692. 525. 691. 685. 807. 251. -204. 268. -66. 57. -43. -90. 34. -167. 166. —6. 122. 232. 98. 180. 241. 219. 188. 196. 211. 70. 205. 215. 324. 52.0 -27.7 50.5 -8.2 7.8 -5.4 -12.0 5.2 -24.2 31.7 -.9 17.8 46. 1 22.6 29. 1 49.0 38.5 33.5 42.3 43.9 15.3 42.2 45.6 67.0 | | | 1 | | | | 1 1 1 * 6.2 5.0 6.9 6.1 6.9 6.6 6.2 6.4 5.2 6.4 5.7 6.6 20.7 -20.4 39.4 -11.5 13.7 -4.5 —6 . 3 3.2 -19.7 24.2 -10.5 15.3 26.4 10.2 17.1 24.6 18.3 12.7 28.3 20.4 10.8 22.5 11.0 28.3 118095. 107147. 115682. 119910. 113716. 112593. 105705. 107772. 101719. 107817. 119449. 122095. 15.6 11.2 10.3 19.6 17.0 18.5 10.9 19.6 4. 1 16.0 31. 1 30.2 —JUL..•.| -AOG....| —SEP. . . . | -OCT 1 -NOV | -DEC | 970. 856. 1074. 1129. 1010. 803. 736. 522. 568. 629. 544. 777. 164. -114. 218. 55. -119. -207. -67. -214. 46. 61. -85. 233. 236. 326. 275. 396. 220. 56. 79. -170. 43. -62. -141. -30. 20.3 -11.8 25.4 5. 1 -10.5 -20.5 -8.3 -29. 1 8.8 10.7 -13. 5 42.8 32. 1 61.4 34.4 54.0 27.8 7.4 12.0 -24.5 8.3 -9.0 -20.6 -3.7 1 | I | | | 1 | 1 | 1 | 7.4 6.4 8.0 8.9 7.7 6.4 5.4 4.4 4.8 5.3 4.5 6.2 12.6 -13.7 23.9 11.2 -13.1 -17.1 -15.4 -19.0 9.3 11.8 -15.3 36.9 19.7 29.8 15.3 45.0 10.8 -3.9 -13.2 -31.9 -7.3 -16.6 -21.0 -6.2 130356. 133238. 134819. 127389. 131180. 125832. 136332. 119406. 118779. 117679. 120112. 125298. 10.4 24.4 16.5 6.2 15.4 11.8 29.0 10.8 16.8 9. 1 .6 2.6 198 1 - J A N | -FEB.. —MAR.„- . | -APR 1 -HAY 1 -JON 1 -JUL....| -AUG....| -SEP... .| -OCT. . . . | — NO?. . . . | —DEC....| 961. 913. 1206. 1152. 1050. 1032. 986. 768. 858. 866. 778. 804. 184. -48. 293. -54. -102. -19. -46. -218. 91. 7. -87. 26. -10. 57. 132. 24. 40. 228. 250. 245. 290. 237. 234. 28. 23.7 -5.0 32. 1 -4.4 -8.9 -1.8 -4.4 -22. 1 11.8 .9 -10. 1 3.3 -1.0 6.6 12.3 2. 1 4.0 28.4 33.9 47.0 51. 1 37.7 43.1 3.6 I | | | \ 1 | 1 | | 1 | 6.5 6.0 8.4 7.6 7.2 7.5 6.7 5.9 6.3 6.2 5.7 6.1 4.1 -7.0 40.1 -9.5 -5.5 4.3 -10.8 -11.0 6.1 -1.5 -8.9 7.3 -13.3 -6.7 5.5 -14.2 -6.7 17.3 23.8 35.9 31.9 16.2 25.0 -2.0 148923. 152246. 143502. 151602. 146184. 137739. 147517. 129112. 136077. 139383. 137537. 132490. 14.2 14.3 6.4 19.0 11.4 9.5 8.2 8. 1 14.6 18.4 14.5 5.7 1982—JAN....| -FEB. o . . | —HAR.ee.1 — APR. . . . I — HAT. . . . | —JU N. . . . | —JUL...•| — AO G- . . . 1 -SEP....| -OCT | -NOV | —DEC....| 832. 686. 986. 758. 665. 694. 508. 466. 384. 349. 386. 415. 27. -146. 301. -228. -93. 29. -186. -43. -82. -35. 37. 29. -129. -227. -219. -394. -385. -338. -478. -302. -474. -516. -393. -390. 3.4 -17.5 43.8 -23.2 -12.3 4.4 -26.7 -8.4 -17.6 -9.0 10.5 7.5 -13.5 -24.9 -18.2 -34.2 -36.7 -32.7 -48.4 -39.3 -55.3 -59.7 -50.4 -48.4 1 1 | | 1 1 | 1 i J I | 5.4 4.6 6.6 5.5 4.9 5.1 4.0 3.7 3.4 3. 1 3.3 3.4 -10.6 -15.0 42.8 -16.4 -10.5 2.5 -20.5 -6.6 -10.6 -7.8 7.5 1.8 -15.8 -23. 1 -21.6 -27.6 -31.4 -32.6 -39.9 -36.9 -46.9 -50.3 -41.3 -44.3 153135. 148670. 14 9 7 7 8 . 137727. 134999. 137426. 126610. 124232. 114571. 113070. 116189. 122674. 2.8 -2.3 4.4 -9.2 -7.7 -.2 -14.2 -3.8 -15.8 -18.9 -15.5 -7.4 1983—JAN...*1 -FEB....| -HAR... . | -APR...-| —HAT....| 460. 351. 557. 440. 434. 45. -109. 206. -117. —6. -371. -334. -429. -318. -232. 10.9 -23.6 58.5 -21.0 -1.4 -44.7 -48.8 -43.5 -42.0 -34.8 1 I | i | 3.6 2.9 4.4 3.6 3.6 6.1 -19.0 50.7 -17.3 .6 -33.9 -37.0 -33.5 -34.2 -26.0 128250. 120924. 127175. 121436. 119000. -16.3 -18.7 -15. 1 -11.8 -11.9 1976-JAN | -FEB...-I —NAB.... | — A P R . | -HAT 1 -JONJ -NAY....I —AUG....| -SEP | -OCT 1 -NO?.... | -DEC....| 1980-JA N 1 -FEB | —HAR....| -APR | -HAT 1 -5. TABLE 2 2 2 . 2 H FEDERAL LAND BANKS LOANS CLOSED SEASONALLY-ADJUSTED ANNUAL BATE 1 1 1 MONTH | 1 1 1 1 1976—JAN | -FEB 1 -BAB | -APR....1 -MAY 1 -JUN | -JUL | -AUG | -SEP | - O C T . . . .1 -NOV 1 -DEC. J AMOUNT M I L L I O N S OF DOLLARS CLOSED IN MONTH | 1 CHANGE FROH P R E V I O U S | 1 HO NTH YEAR 1 { PERCENTAGE CHANGE FROM PREVIOUS MONTH YEAR NUMBER OF LOANS 1 1 1 1 | THOUSANDSJ 1 1 1 1 AVERAGE S I Z E PERCENTAGE CHANGE FROM P R E V I O U S DOLLARS MONTH PERCENTAGE CHANGE FROH PREVIOUS YEAR YEAR 4332. #473. 4829. 4695. 3889. 454 7. 4572. 4431. 4623. 4440. 4886. 5389. -305. 141. 356. -134. -806. 659. 25. - 1 4 1. 192. -184. 446. 503. 9. -2. 746. 427. -189. 292. 440. 496. 236. -41. 1265. 752. -6.6 3.2 8.0 -2.8 -17.2 16.9 .5 -3. 1 4.3 -4.0 10. 1 10.3 .2 -.0 18.3 10.0 —4.6 6.9 10.6 12.6 5.4 -.9 34.9 16.2 t 1 | | I | 1 i 1 | 1 1 56.6 57.7 63.2 59.7 53.2 57.7 56.7 54. 1 57.5 54.9 58.3 61.3 -6.9 2. 1 9.5 -5.7 -10.9 8.4 -1.6 -4.6 6.3 -4.6 6.3 5.1 -12.4 -12.0 10.8 -1.6 -8.4 -1. 1 -7.3 10. 1 -2.7 -7.2 20.6 .9 76564. 77455. 76357. 78697. 73118. 78854. 80580. 81858. 80337. 80885. 83755. 87874. 14.4 13.6 6.7 11.8 4. 1 8. 1 19.3 2. 2 8.4 6. 8 11.9 15. 1 1977-JAN | -FEB 1 MAR....| — APR. . . . | -HAT 1 —JUN.... J -JUL...-J -AUG | -SEP.... | —OCT.... 1 — NOV. . . . 1 -DEC | 5158. 5528. 6154. 5599. 5456. 5642. 6173. 5593. 5504. 5118. 59105524. -231. 369. 626. -555. -142. 186. 532. -581. —8 8 . -386. 79 2 . -386. 826. 1055. 1325. 904. 1568. 1094. 1601. 1 161. 881. 679. 1024. 135. -4. 3 7.2 1 1.3 -9.0 -2.5 3.4 9.4 -9.4 -1.6 -7.0 15.5 -6.5 19. 1 23.6 27.4 19.3 40.3 24. 1 35.0 26.2 19. 1 15.3 21.0 2.5 | { 1 1 1 | 1 | 1 | | | 58. 1 61.4 67.0 63.0 62.6 64.7 60.9 60.3 61.7 58.0 63.9 61.0 -5.2 5.6 9.1 -6.0 -.7 3.5 -5.9 -1.1 2.4 —6.0 10.0 -4.5 2.8 6.4 6.0 5.6 17.6 12.2 7-4 11.3 7.2 5.7 9.5 -.5 88721. 89997. 91807. 88848. 87211. 87168. 101333. 92801. 8918588185. 92556. 90577. 15.9 16.2 20.2 12.9 19.3 10.5 25.8 13.4 11.0 9.0 10.5 3. 1 197 8 - J A N : -FEB | —HA R* . . . | —APR... . | — MAY. . . . | -JUN.. -JUL 1 -AUG | -SEP 1 -OCT....| -NOV 1 -DEC... . | 5588. 5524. 5598. 5241. 594 6 . 6250. 5819. 6731. 6664. 6916. 6669. 5995. 64. - 6 5. 75. -358. 705. 304. -431. 912. —67. 251. -246. -675. 430. -4. -555. -358. 490. 608. -354. 1138. 1 160. 1798. 760. 471. 1.2 -1.2 1.4 -6.4 13.5 5. 1 -6.9 15.7 -1.0 3.8 -3.6 -10. 1 8.3 -. 1 -9.0 -6.4 9.0 10.8 -5.7 20.4 21. 1 35. 1 12.9 8.5 I | | | | 1 1 1 | 1 | | 57.9 58.9 57.6 55.2 62.6 64.8 62.0 67.7 64.6 68.9 68.7 62.8 -5. 1 1.7 -2.2 -4-2 13.5 3.4 -4.3 9.2 -4.6 6.7 -.4 -8.5 -.5 -4. 1 -14. 1 -12.4 . 1 . 1 1.7 12-3 4.6 18.7 7.5 3.0 96557. 93801. 97219. 94960. 94918. 96511. 93881. 99422. 103211. 100353. 97136. 95444. 8.8 4.2 5.9 6.9 8.8 10.7 -7.4 7. 1 15.7 13.8 4.9 5.4 1979—JAN 1 -FEB* . . . | -MAR. . . . 1 -APR....| — HAY. . . . | -JUS 1 —JUL..*.| -AUG.... | -SEP....| -OCT....| -NOV 1 —DEC.... | 8116. 6716. 7238. 7739. 8194. 8347. 8341. 9725. 7765. 9755. 9773. 10102. 2121. - 1 4 0 1. 522. 5 0 1. 455. 153. -6. 1384. -1960. 1990. 18. 329. 2528. 1192. 1639. 2 498. 2 248. 2097. 2 522. 2994. 1 101. 2840. 3104. 4 107. 35.4 -17.3 7.8 6.9 5.9 1.9 -. 1 16.6 -20.2 25.6 .2 3.4 45.2 21.6 29.3 47.7 37.8 33.6 43.3 44.5 16.5 41. 1 46.5 68.5 | 1 | | 1 1 I 1 | I | | 73.0 65.3 67.0 68.4 73.8 73. 1 79.8 82.4 71.8 83.5 76.9 80.9 16.2 -10.5 2.5 2.1 7.9 -.9 9.2 3.3 -13.0 16.3 -7.8 5.1 26. 1 11.0 16.3 23.9 17.7 12.8 28.7 21.8 11. 1 21. 1 12. 1 28.8 111235. 102785. 108049. 113187. 111088. 114239. 104570. 117976. 108216. 116860. 127034. 124912. 15.2 9.6 11. 1 19.2 17.0 18.4 11.4 18.7 4.8 16.4 30.8 30.9 1980-JAN.... I -FEB 1 — HAS. . . . | — APR. . . . | -MAY....| —JU N. . . . | —JUL. . . . | -AUG 1 -SEP | -OCT .| —NOV. . . . | —DEC-... | 1 1981-JAN 1 -FEB | —MAR....| —APR....J -MAY 1 —J U N . . . . | -JUL. I —AUG....| -SEP....J -OCT. . . . | -NOV.... | -DEC | 1 1982—JAN....1 10651. 10809. 9707. 11775. 10543. 8960. 9380. 7405. 8447. 8790. 7788. 9789. 549. 158. -1101. 2068. -1232. -1583. 420. -1975. 1042. 34 3 . -1001. 2 0 0 1. 2535. 4093. 2470. 4036. 2348. 613. 1039. -2320. 682. -965. -1985. -313. 5.4 1.5 -10. 2 21.3 -10. 5 -15.0 4.7 -21. 1 14. 1 4. 1 -1 1.4 25.7 31.2 61.0 34. 1 52.2 28.7 7.3 12.5 -23.9 8.8 -9.9 -20.3 -3. 1 1 1 | | 1 | 1 | \ 1 1 J 86.9 85.4 76.6 98.0 82.2 70.5 69.0 56.9 66.4 69.0 61.4 75.8 7.4 -1.8 -10.2 27.9 -16. 1 -14.2 -2. 1 -17.6 16.7 3.9 -11.1 23.5 19.1 30.6 14.4 43.4 11.5 -3.5 -13.5 -31.0 -7.4 -17.3 -20.2 —6. 3 122574. 126634. 126672. 120118. 128199. 127043. 135884. 130115. 127169. 127384. 126929. 129151. 10.2 23.2 17.2 6. 1 15.4 11.2 29.9 10.3 17.5 9.0 -. 1 3.4 10514. 11533. 10806. 11907. 11043. 11496. 1261 1. 10965. 12857. 12062. 11160. 10140. 725. 1019. -727. 1101. -864. 454. 1115. —164 6 . 1892. -795. - 9 0 2. -1020. -137. 724. 1098. 132. 500. 2537. 3231. 3560. 4410. 3272. 3372. 351. 7.4 9.7 -6. 3 10.2 -7.3 4. 1 9.7 -13.0 17.3 -6.2 -7.5 -9. 1 -1.3 6.7 11.3 1. 1 4.7 28.3 34.4 48. 1 52.2 37.2 43.3 3.6 | | | I | 1 | 1 | 1 | 1 75.3 80.1 80.0 82.8 77.3 83- 1 85.4 78.4 87.6 80.0 77.0 74.0 -.7 6.4 -. 1 3.5 —6.6 7.4 2.8 -8.3 11.8 -8.8 -3.7 —3.9 -13.4 —6. 1 4.4 -15.5 —6. 0 17.8 23.8 37.7 31.9 15.9 25.5 -2.4 139650. 143966. 135056. 143809. 142807. 138401. 147618. 139929. 146697. 150861. 144961. 137020. 13.9 13.7 6.6 19.7 11.4 8.9 8.6 7.5 15.4 18.4 14.2 6. 1 9085. 8686. 8740. 7783. 7082. 7761. 6467. 6707. 5766. 4863. 5519. 5233. -1055. -399. 54. -956. -702. 679. -1293. 240. - 9 4 1. -904. 656. -286. -1429. -2847. -2066. -4124. -3961. -3736. -6144. -4258. -7091. -7199. - 5 6 4 1. -4907. -10.4 -4.4 .6 -10.9 -9.0 9.6 -16.7 3.7 -14.0 -15.7 13.5 -5.2 -13.6 -24.7 -19.1 -34.6 -35.9 -32.5 -48.7 -38.8 -55. 1 -59.7 -50.5 -48.4 | I | | 1 1 J 1 | 1 | 1 63.5 62.0 61.9 59.3 53.7 56.2 51.3 49.9 46.4 39.8 45.2 4 1.0 -14.2 -2-5 -.0 -4.2 -9.5 4.7 -8.7 -2.7 -7.0 -14.3 13.5 -9.3 -15.6 -22.7 -22.6 -28.4 -30.6 -32.4 -40.0 -36.3 -47.0 -50.2 -41.3 -44.6 143048. 140201. 141115. 131240. 131975. 138171. 126098. 134432. 124212. 122221. 122165. 127728. 2.4 -2.6 4.5 -8.7 -7.6 -.2 -14.6 -3.9 -15.3 -19.0 -15.7 -6.8 5030. 4446. 4905. 4517. 4667. -203. -584. 459. -389. 150. -4055. -4240. -3834. -3266. -2415. -3.9 -11.6 10.3 -7.9 3.3 -44.6 -4 8.8 -43.9 -42.0 -34. 1 1 | 1 | | 42.2 39. 1 4 1.0 38.9 40. 1 3.0 -7.3 4.7 -5.1 3.1 -33.5 -36.9 -33.9 -34.4 -25.3 119187. 113689. 119770. 116170. 116459. -16.7 -18.9 -15.1 -11.5 -11.8 —MAR....1 —HAY....| -JUN.... | —JUL.... 1 -AUG | -NOV....| -DEC | i 1983—JAN....] -FEB... - j -MAY.... 1 1 16 TABLE 2 2 2 . 3 1 1 FEDERAL LAND BANKS LOANS CLOSED TWELVE-MONTH MOVING TOTAL MILLIONS OF DOLLARS ENDING— I 1 | 1976-JAN ! -MAR....| -MAI....1 -JON....1 -NOV... . | -DEC 1 1 1977-JAN....| -FEB....| -MAR... . | -HAY....| -JON | -JUL | -SEP....| -OCT.... I -NOV....| -DEC....| 1 1978-JAN.... | -JON. . . . J — JO La . . . | -NOV. . . . I -DEC....1 1 1 9 7 9 - J A N . . . .J -FEB....| —MAR....| -JON....| -AOG. . . . | -SEP....| -OCT... -NOV....J -DEC | 1 1980-JAN.... | -FEB....| -MAR....| -APR... . | -HAY | —JO N. . . . | -JOL....I -AOG....J -SEP | -NOV....! -DEC...-J 1 1981-JAN 1 -FEB | -MAR. . . . | -APR....| -MAT J -JON....I -JUI 1 —AOG....| — SEP. . . . | -OCT. | -NOV....| -DEC | I 1982-JAN 1 -FEB | — MAR. . . . | —APR....} — MAT. . . . | -JO N | -JOL.... | -AOG | —SEP....| -OCT....| -NOV....| —DEC....) 1983-JAN. | —F E B . . . . | -MAR....| — APR. . . . | -HAT J 1 END OF MONTH 1 1 1 CHANGE FROM PREVIOOS1 I 1 TEAR 1 1 MONTH AVBBAGE S I Z E NUMBER OF LOANS AM00NT 1 PERCENTAGE CHANGE FROM PREVIOOS MONTH TEAR 1 1 THOOSANDS| 1 1 DOLLARS PERCENTAGE CHANGE FROM PREVIOOS YE&B PERCENTAGE CHANGE FROM PREVIOOS MONTH TEAR 4214. 4214. 4302. 4342. 4327. 4359. 4395. 4428. 4440. 4434. 4523. 4585. 88. 40-15. 3236. 32. 13. -6. 88. 63. 210. 116. 109. 95. 62. 62. 139. 211. 220. 211. 341. 366. -. 1 -.0 2. 1 .9 -.4 .8 .8 .7 .3 -. 1 2.0 1.4 5.2 2.8 2.6 2.2 1.5 1.4 3.3 5.0 5-2 5.0 8.2 8.7 57.8 57.2 57.8 57.7 57.2 57. 3 57.0 57.3 57.2 56.9 57.6 57.7 -1.3 -1.1 1.1 -.3 -.8 .1 -.5 .6 -.2 -.5 1.3 .1 -7.9 -9.8 -9.2 -9.1 -9.2 —8.8 -8.4 -5.3 -4.8 -4.5 -1.6 -1.5 72886. 73701. 74412. 75288. 75600. 76105. 77136. 77212. 77608. 77932. 78459. 79480. 14.3 14. 1 12.9 12. 5 11.7 11. 2 12.7 10.9 10.5 10.0 9.9 10.3 4656. 4739. 4890. 4975. 5130. 5231. 5356. 5438. 5494. 5539. 5608. 5619. 7183. 151. 85. 155. 101. 125. 82. 57. 45. 68. 11. 442. 525. 588. 633. 803. 871. 960. 1010. 1054. 1105. 1085. 1034. 1.5 1.8 3.2 1.7 3. 1 2.0 2.4 1.5 1.0 .8 1.2 .2 10.5 12.4 13.7 14.6 18.6 20.0 21.9 22.8 23.7 24.9 24.0 22.5 57.8 58. 1 58.5 58.7 59.7 60-4 60.7 61. 1 61.4 61.7 62. 1 62.0 .2 .4 .7 .4 1.6 1.2 .5 .7 .5 .4 .6 -.1 -.0 1.5 1. 1 1.8 4.2 5.4 6.5 6.6 7.3 8.4 7.7 7.5 80548. 81622. 83619. 8470785983. 86669. 88264. 88970. 89470. 89819. 90369. 90616. 10.5 10.7 12.4 12.5 13.7 13.9 14.4 15.2 15.3 15.3 15.2 14.0 5658. 5662. 5602. 5572. 5625. 5678. 564 8 . 5726. 5801. 5928. 5980. 6014. 39. 4. -29. 52. 54. -30. 78. 75127. 51. 34. 1002. 9 23. 711. 597. 495. 448. 292. 288. 307. 389. 372. 395. .7 . 1 -1. 1 -.5 .9 1.0 -.5 1. 4 1.3 2-2 .9 .6 21.5 19.5 14.5 12.0 9.7 8.6 5.5 5.3 5.6 7.0 6.6 7.0 62.0 61.8 60.9 60.2 60.2 60.2 60.3 60.8 61.0 61.9 62.2 62.4 -.0 -.4 -1.5 -1.2 . 1 .0 . 1 .9 .3 1.4 .5 .2 7.3 6.4 4. 1 2.4 .9 -.2 —. 6 -.5 -.6 .4 .3 .6 91260. 91648. 9202092634. 93400. 94257. 93654. 94124. 95052. 95774. 96112. 96432. 13.3 12.3 10.0 9.4 8.6 8.8 6. 1 5.8 6.2 6.6 6.4 6.4 6246. 6343. 6523. 6764. 6984. 7171. 7367. 7578. 7648. 7853. 8067. 8391. 232. 98. 180. 241. 2 19. 188. 196. 211. 70. 205. 215. 324. 588. 682. 922. 1192. 1359. 1493. 1719. 1852. 1847. 1924. 2088. 2377. 3.9 1.6 2.8 3.7 3.2 2.7 2.7 2.9 .9 2.7 2.7 4.0 10.4 12.0 16.5 21.4 24.2 26. 3 30.4 32.3 31.8 32.5 34.9 39.5 63.7 64. 1 65. 1 66.3 67.4 68.2 69.5 70.6 71. 1 72.3 72.9 74.3 2.1 .7 1.6 1.9 1.6 1.1 2.0 1.6 .7 1.7 .8 2.0 2.7 3.8 7.0 10.3 11.9 13. 1 15.3 16- 1 16.5 16.8 17.1 19.2 98104. 98926. 100160. 101973. 103603. 105219. 105956. 107316. 107537. 108619. 110714. 112899. 7.5 7.9 8.8 10. 1 10.9 11.6 13. 1 14.0 13. 1 13.4 15.2 17. 1 8627. 8953. 9228. 9624. 9844. 9899. 9978. 9809. 9852. 9790. 9649. 9619. 236. 326. 275. 396. 220. 56. 79. -170. 43. -62. -141. -30. 2382. 2610. 2705. 2860. 2860. 2728. 2611. 2231. 2204. 1937. 1582. 1228. 2.8 3.8 3. 1 4.3 2. 3 .6 .8 -1.7 .4 -.6 -1.4 -. 3 38. 1 41. 1 41.5 42.3 4 1.0 38.0 35.4 29.4 28.8 24.7 19.6 14.6 75.5 77.0 78. 1 80.8 81.6 81.3 80.5 78.5 78. 1 77.0 75.8 75-4 1.6 2.0 1.4 3.5 .9 -.3 -1.0 -2.5 -.5 -1.4 —1.6 -.5 18.7 20-1 19.9 21.9 21.0 19.3 15-8 11.1 9.8 6.5 4.1 1.5 114191. 116234. 118179. 119057. 120657. 121721. 123939. 125009. 126165. 127103. 127264. 127555. 16.4 17.5 18.0 16.8 16.5 15.7 17.0 16.5 17.3 17.0 14.9 13.0 9610. 9666. 9798. 9822. 9862. 10090. 10340. 10585. 10876. 11113. 11347. 11375. -10. 57. 132. 24. 40. 228. 250. 245. 290. 237. 234. 28. 982. 713. 57019818. 191. 362. 777. 1024. 1322. 1698. 1756. -. 1 .6 1.4 .2 .4 2.3 2.5 2.4 2.7 2.2 2. 1 .2 11.4 8.0 6.2 2. 1 .2 1.9 3.6 7.9 10.4 13.5 17.6 18.3 74.4 74.0 74.4 73.2 72-6 73.8 75.0 76.6 78. 1 79.0 80. 1 80.0 -1.3 -.6 .6 -1.7 -.7 1.5 1.7 2.1 2.0 1.1 1.4 -.2 -1-5 -3.9 -4.7 -9.5 -11.0 -9.3 -6.8 -2.4 .1 2.6 5.7 6.1 129128. 130645. 131649. 134238. 135744. 136804. 137792. 138168. 139186. 140656. 141597. 142169. 13.1 12.4 11.4 12.8 12.5 12.4 11.2 10.5 10.3 10.7 11.3 11.5 11245. 11018. 10799. 10404. 10019. 9682. 9204. 8902. 8428. 7911. 7519. 7129. -129. -227. -219. -394. -385. -338. -478. -302. -474. -516. -393. -390. 1636. 1352. 1001. 583. 158. -4 08. -1136. - 1683. -2448. -3201. -3828. -4246. -1. 1 -2.0 -2.0 -3.7 -3.7 -3.4 -4.9 -3.3 -5.3 -6.1 -5.0 -5.2 17.0 14.0 10.2 5.9 1-6 -4.0 -11.0 -15.9 -22.5 -28.8 -33.7 -37.3 79.0 77.6 75.8 73.7 71.4 69.0 66.3 64. 1 61. 2 58.0 55.7 53.0 -1.3 -1.8 -2.3 -2.8 -3.1 -3.4 -3.9 -3.3 -4.6 -5.1 -4.0 -4.8 6.1 4.9 1.8 .7 -1.7 —6.5 -11.6 -16.3 -21.7 -26.5 -30.5 -33.7 142371. 141982. 142491. 141196. 140266. 140333. 138778. 138824. 137778. 136292. 134967. 134466. 10.3 8.7 8.2 5.2 3.3 2.6 .7 .5 -1.0 -3. 1 -4.7 -5. 4 6758. 6423. 5994. 5676. 5444. -371. -334. -429. -318. -232. -4488. -4595. -4805. -4729. -4575. -5.2 -4.9 -6.7 -5.3 -4. 1 -39.9 -41.7 -44.5 -45.4 -45.7 51.2 49.5 47.3 45.4 44. 1 -3.5 -3.3 -4.5 -4.0 -2.8 -35.2 -36.3 -37.6 -38.4 -38.3 132050. 129846. 126821. 125069. 123458. -7.2 -8.5 -11.0 -11.4 -12.0 -5. TABLE 223.IFL LOANS LOANS MILLIONS | PERCENTAGE PROS OF DOLLARS 1 1 197 6-JAN PREVIOUS | BO NTH YEAR 4 . 8 - 1 1 . 7 - 1 . 3 52. 1 - 1 7 . 3 364. 405. 367. 321. 323. 314. 351. 438. - 1 6 . 7 11.4 464. 429. 679. 6 . 0 - 7 . 4 521. 518. - 2 3 . 2 - . 6 506. - J U N . . . . 1 -JUL | -AUG 1 -SEP .1 - O C T . . . . | —NOV. . . . | - D E C . . . . | 1 | — F E B . . . . | —BAR. . . . | —A P R . . . . | - B A Y . . . . | —J U N . . . . | — J U L . . . . | —A U G . . . . | - S E P . . . . J - 2 . 4 - 2 . 7 -OCT | - N O V . . . . } - 4 . 1 8 . 7 10.9 1 1.2 4. 1 - 1 . 9 3 3 . 7 16.7 18.0 NE8 AS PERCENTAGE - 1 8 . - 5 . - 5 . 16. 419. 449. 2 . 5 2. 1 3 . 2 2 . 6 2. 1 2 . 4 2.1 1.8 1.8 1.7 1.9 2 . 4 14.4 1 9 . 5 2 . 4 2 . 0 1.8 1.7 503. 433. 619. 492. 571. 560. 462. 481. —BAY....I —JUN. . . . | — J U L . . . . I - O C T . . . . | —NOV. . . . | -DEC. . . . | 9 5 0 9 5 1 - 5 6 - 3 2 4 8 2 7 * 8 3 . | . . . . - 6 . 2 1 9 . 3 19.8 3 5 . 5 1 2 . 3 7 . 6 . 46. 5 2 . 0 734. 1 9 7 9 - J A N . . . * | —BAR. . . . 4 2 . - 2 0 . 16. - 1 . - 1 7 . 4. 8 . 4 . 8 - 8 . 8 - 5 . 6 10. 1 10.6 12.0 - 1 3 . 9 455. 486. 470. - F E B . . . . | - 2 7 . 5 0 . - 8 . 7. 531. 799. 733. 1 2 2 . 6 29. 1 4 9 . 0 7 5 2 8 - J U L . . . . | -AUG. . . . | 629. 544. 777. — D E C . . . . | 1 1981—JAN....| - B A R . . . . I - J U L . . . . I - 1 3 . 5 42. 8 2 3 - 5 32 - 4 - 8 - 1 - 4 961. 913. 1206. 1152. 1050. 1032. 986. 858. 866. 778. 7 0 1 4 9 8 4 1 3 . 4 832. - 1 7 4 3 - 2 3 - 1 2 4 686. 986. 758. - A U G . . . - I 6 6 5 4 3 6 9 0 6 8 5 4 8 6 4 - 1 . 6 . 1 2 . 2. 4 . . . . . . . . . . . 5 8 2 3 4 - 2 6 . 7 - 8 . 4 - 1 7 . 6 0 6 3 1 0 2 8 . 4 3 3 . 9 4 5 3 4 - 1 0 . 1 3 . 3 804. 1982—JAN....| - 9 . 0 - 2 0 . 6 - 3 . 7 - 2 2 . 1 11.8 . 9 768. - D E C . . . . | . . . . . . . 12.0 - 2 4 . 5 8 . 3 7 1 7 3 3 . . . . . 0 1 7 1 6 - 1 3 . 5 - 2 1 3 3 3 4 . 8 . 4 . 6 . 2 . 9 2 2 7 7 - 4 8 . 4 - 3 9 . 3 2. 1 432. 507. 535. 428. 651. 580. 604. 640. 535. 6 5 5 5 3 . 2 2 . 8 3 . 0 2 . 8 2 . 4 . . . . . 3 8 5 6 1 2 . 4 2 . 2 1.5 1.6 1.8 1 . 5 2 . 2 2 . 7 2 . 5 3 . 2 3 . 0 2 . 7 2 . 6 2 . 4 1.9 2. 2. 1. 1. 1 1 8 9 1.9 1.6 2 . 2 1.7 1.5 1 . 5 1.1 1.0 . 8 —NOV....| 10.5 - 5 0 . 4 — D E C . . . . | 415. 7 . 5 - 4 8 . 4 . 9 —BAR... . | - B A Y . . . . ! * LOANS - 1 . 4 434. OUTSTANDING AT 9 6 5 0 END OF - 4 4 4 4 4 8 3 2 . . . . 7 8 5 0 - 3 4 . 8 PRECEDING MONTH. 1.0 . 7 1.2 . 9 . 9 386. 1 9 2 5 8 7 0 4 . . . . 0 8 4 7 3.2 5 6 - 2 9 5 2 - 1 0 6 - 3 . . . . . . 1.5 1.4 299. 201. 286. 322. 291. 356. 374. 359. 379. 263. 241. 1.9 2.2 1.7 2 . 0 1.9 1.6 1.6 1.5 1.6 1.5 1.6 1.6 0 9 3 1 2 0 . 3 3 9 . 9 15.2 8 . 4 4 7 . 2 2 0 1 8 4 4 2 4 . 4 3 2 . 6 5 4 . 4 2.4 1.7 532. 1.8 642. - 2 . 0 2 0 . 6 4 2 . 5 461. 6 6 . 5 2 . 2 404. 658. 764. 993. 1041. 799. 632. 782. 702. 904. 9 3 5 . 827. 2 1 . 9 - 1 0 . 2 2 8 . 8 3 . 4 - 1 1.6 2 6 3 6 3 6 2 7 . 603. - 2 4 . 1 - 3 . 9 - 2 9 . 8 7 . 0 10.9 2 . 6 2 . 3 2 . 9 3 . 0 2 . 5 1.9 1.8 - 2 3 . 6 9 . 9 - 7 . 5 - 1 3 . 3 4 8 . 9 - 1 8 . 2 1.0 2 2 . 4 - 9 . 3 3 7 . 5 —6.0 - 6 . 5 1.4 528. 4 6 7 . 456. 348. 413. 423. 402. 366. 517. . . . . . 277. 485. 475. 18.4 4 0 . 9 3 3 2 5 8 . . . . 1.5 1.9 6 . 5 2 5 0 3 4 1 1 2 6 2 . 2 1.9 2 . 0 - 2 5 . 6 3 1 . 8 4 4 5 4 6 0 4 0 1 3 6 . 2 412. 543. 6 2 0 . 531. 4 3 3 2 2 . 6 2.2 2 . 3 3 4 . 9 4 2 . 1 4 4 . 0 640. 618. 604. 291. 335. 393. 1.3 1.5 1.7 12. 10. - 4 . 2 4 . 602. 4 0 0 1 263. 244. 8 . 8 - . 7 338. 2 3 8 7 . . . . 368. 358. 318. 322. 301. - 1 1 . 1 —6.9 15.0 . . . . 3 . 0 349. 386. 10. - 2 3 . 5 8 . - 2 1 . 9 4 1 6 2 . 0 . 7 . 8 0. 1 . 7. 0. 0 4 9 7 1 1 . 2 16.3 3 . 0 - 9 . 5 10.7 - 3 . 0 - 5 5 . 3 - 5 9 . 7 46 3 5 55 44 - 4 . 8 17.7 9 . 7 348. 3 8 5 . 374. - 9 . 0 1 1983—JAN....| . . . . 2 8 . 1 2 1 . 0 13.3 . . . . 3 2 3 3 3 1 4 4 0 8 4 - 4 . 2 - 1 8 . 9 - 6 . 6 289. 275. 181. 296. 386. 2. 1 2.1 2 . 0 1.9 16.3 3 7 . 6 2 3 . 0 5 4 3 2 2 . 0 1.9 3 6 3 5 2 522. 568. 5 5 3 9 2. 1 . 4 . 4 . 7 . 7 . 435. 516. 389. - 1 . 6 - 2 . 5 - 1 7 . 3 5 . 1 2 . 4 2 . 8 2 0 . 3 - 1 1 . 8 2 5 . 4 5. 1 - 1 0 . 5 - 2 0 - 5 - 8 . 3 - 2 9 . 1 8 . 8 10.7 - 2 6 . 8 . 3 . . . . 344. 363. 402. 379. 353. 2.0 1.9 2 . 9 15.7 5 9 2 0 BENTS 2. 1 1.7 1.9 1.7 1.5 1.4 1.4 1.5 1.9 2 2 . 5 2 5 . 2 5 9 . 4 442. 366. 3 8 5 . 4 5 . 6 6 7 . 0 970. 856. 1074. 1129. 1010. 803. 736. 8 . 9 - 8 . 0 40 39 38 31 OF REPAY- 218. 275. 399. 2 . 7 7 2 5 7 404. 404. 374. 7 0 6 1 2 . - 6 . 3 5 . 10. 12.6 2 3 . 9 376. 458. PERCENTAGE 2.0 1.7 6 . 7 - 6 . 5 5 . 9 10.4 6 . 3 3 2 0 1 3 0 346. 552. 475. 476. 4 6 0 8 YEAR - 1 5 . 10. - 8 . - 1 4 . - . - 3 . 2 9 4 . 324. 298. 256. 255. 248. 279. 345. AS I LOANS O U T 1 STANDING* - 2 . 8 - 1 . 8 19.9 454. 2 . 4 1 9 8 0 - J A N . . . . | . . . . . BO NTH 447. 2 . 5 1.9 - . 9 2 7 2 0 9 LOANED CHANGE PREVIOUS 473. 453. 474. 2 . 5 2 . 0 2 . 1 1.9 1 5 . 3 17.8 44 40 38 33 30 FROM - 1 6 4 2 - 2 3 2 0 4 2 . 2 807. . . . . 4 3 4 3 3 0 8 2 5 - 2 4 . 2 3 1 . 7 685. 2 9 3 6 283. 441. 3 4 7 . 2 3 4 3 . . . . . 525. 691. - D E C . . . . ! . . . . 1 325. 43 44 50 46 HONEY 4 . 2 - 1 3 . 1 5 6 . 0 - 2 1 . 2 BENTS 264. 337. 478. PERCENTAGE 1 2 2 2 2 2 692. —A U G . . . . 1 8 3 2 3 DOLLARS 324. 356. 3 3 4 4 748. 657. REPAY- | | 340. 304. - 5 . 4 - 1 2 . 0 5 . 2 790. — J U N . . . . | - J U L . . . . J BILLIONS OF 2 . 0 2 . 1 2 . 6 1 1978—JAN....| OF 223. 3 6 7 . 2 . 5 34. 1 2 5 . 6 1 7 . 5 7 . 2 STANDING* 2 . 7 2 . 6 19.4 4 2 . 5 2 4 . 9 2 7 6 8 OUT- 2 . 5 2 . 3 3 . 6 2 3 . 8 2 8 . 7 58. 1 403. 3 8 0 . 359. 1 - . 1 20. 1 10.0 - 9 . 4 - 1 2 . 6 . 8 - 3 . 0 11.8 2 4 . 8 492. - D E C . . . . | | l_ 528. 436. - M A Y . . . . | 1977-JAN CHANGE 393. 347. - F E B . . . . 1 — MAR. . . . | - A P R . . . . | LOANED CLOSED |LOANS 1 1 1 FEDERAL LAND BANKS C L O S E D A N D NEW N O N E T - 1 2 . 9 9 . 9 4 . 2 8 . 9 1 . 1 3 . 8 5. 1 16.0 1.2 1.3 1.4 1.2 472. 511. 423. 512. 326. 539. 643. 822. 852. 624. 518. 50 42 42 37 2 4 2 4 . . . . 1.8 38 1. 2 . 2 2 . 0 2 . 7 2.4 2.2 2. 1 2.0 1.5 1.6 1.7 343. 572. 671. 661. 724. 742. 706. 791. 1.5 1.5 556. 324. 1.5 259. 793. 7 1 9 . 989. 929. 8 6 9 . 824. 803. 626. 676. 699. - 5 . 2 - 2 . 5 - 2 2 . 0 7 . 9 3 . 5 6 2 2 . 645. - 1 1 . 1 3 . 7 6 6 1 . 541. 2 . 6 - 1 8 . 2 - 1 6 . 6 - 2 4 . 8 7 9 0 . 5 8 9 . 516. 4 5 . 9 - 2 5 . 5 - 2 0 . 2 - 3 6 . 7 1.2 1.8 1.3 3 0 3 9 1. 1 552. 396. 368. - 1 2 . 7 . - 2 8 . - 6 . - 4 0 . 6 - 3 3 . 0 - 5 0 . 7 1.2 . 9 406. 421. 308. - 4 1 . 2 . 8 276. 248. 292. - 2 0 . 7 - 5 6 . 8 244. 202. 173. 277. 309. 316. - 5 . 2 11.7 - 6 0 . 4 • 6 • 6 . 7 188. 194. 126. 170. 187. 3 5 5 . 2 7 4 . 4 7 8 8 8 1 2 1 2 7 6 6 9 0 5 . . . . . 9 8 9 9 3 6 7 6 0 7 0 1 . . . . 866. 697. 404. 325 482 555 484 524 529 396 349 . . . . . . . . 195. 187. 443. 350. 333. 2. 1 12.4 - 2 2 6 1 - 2 0 - 5 . . . . 9 8 9 0 2 . 5 9 . 4 —. 6 5 . 1 3 1 . 3 3 3 . 2 4 7 . 9 4 9 . 2 3 9 . 2 4 2 . 8 - . 5 - 5 0 . 2 - 5 1 . 0 - 4 4 4 4 6 9 3 0 . . . . 3 4 9 5 - 3 5 . 5 . 7 . . . . 756. 700. 444. 376. 162. 131. 97. 8 6 9 7 132. 149. . 7 143. 155. TABLE 2 2 3 - 2 8 FEDERAL LAND BANKS LOANS CLOSED AND NEW MONEY LOANED SEASONALLY-ADJUSTED ANNUAL BATE NEti MONEY LOANED LOANS CLOSED | MILLIONS | I J OF DOLLARS | I 1976-JAN... -FEB... -MAR... -APR... -HAY... -JUN —JUL... -AUG... -SEP... -OCT.-. PERCENTAGE CHANGE FROM PREVIOUS 1- . TEAR .2 -.0 18.3 10.0 -4.6 6.9 10.6 12.6 5.4 -.9 34.9 16.2 -9.6 3.4 8.1 -3.3 -16.6 15.6 2.5 -5.5 5.3 -4.9 9.8 9.9 -1.5 -1.9 18.3 7.2 -6.8 4.0 9.3 6.3 4.8 -5-2 37.5 10.5 22. 22. 24. 23. 19. 21. 22. 20. 21. 20. 21. 23. 344. 294. 333. 304. 293. 326. 330. 308. 266. 296. 300. 327. 19. 1 23.6 27.4 19.3 40.3 24. 1 35.0 26.2 19. 1 15.3 21.0 2.5 28. 29. 32. 29. 28. 28. 31. 28. 27. 25. 28. 26. 359. 393. 412. 416. 364. 327. 329. 381. 421. 381. 386. 405. 4097. 4422. 4868. 4403. 4282. 4469. 4795. 4289. 4297. 3976. 4604. 4416. -4.3 7.9 10.1 -9.6 -2.8 4.4 7.3 -10.5 .2 -7.5 15.8 -4.1 16.9 22.0 24.2 16.2 35.4 22.2 28.0 21.1 15.2 12.1 18.2 3.2 22. 23. 26. 23. 22. 23. 24. 21. 21. 19. 22. 21. 285. 3 « 326. 327. 286. 259. 256. 292. 329. 296. 301. 324. 13. 5 5. 1 -6.9 15. 7 -1.0 3. 8 -3.6 -10. 1 8.3 -. 1 -9.0 -6.4 9.0 10.8 -5.7 20.4 21. 1 35. 1 12.9 8.5 26. 25. 25. 24. 26. 28. 25. 29. 28. 29. 28. 24. 395. 377. 355. 332. 353. 385. 407. 420. 428. 419. 428. 362. 4459. 4348. 4329. 4052. 4736. 4971. 4592. 5373. 5229. 5548. 5358. 4816. 1.0 -2.5 4 —6.4 16.9 5.0 -7.6 17.0 -2.7 6. 1 -3.4 -10.1 8.8 -1.7 -11.1 -8.0 10.6 11.2 -4.2 25.3 21.7 39.5 16.4 9.1 21. 20. 20. 18. 21. 22. 20. 23. 22. 23. 22. 20. 315. 297. 275. 256. 282. 307. 321. 335. 336. 336. 344. 291. 35.4 -17-3 7.8 6.9 5.9 1.9 1 16.6 -20.2 25.6 .2 3.4 45.2 21.6 29.3 47.7 37.8 33.6 43.3 44.5 16.5 41. 1 46.5 68.5 33. 27. 28. 30. 31. 31. 31. 3528. 34. 34. 34. 539. 446. 446. 466. 470. 515. 490. 574. 511. 587. 578. 619. 6530. 5375. 5749. 6176. 6396. 6772. 6557. 7756. 6242. 7791. 7657. 8075. 35.6 -17.7 6.9 7.4 3.6 5.9 -3.2 18.3 -19.5 24.8 -1.7 5.4 46.4 23.6 32.8 52.4 35.1 36.2 42.8 44.3 19.4 40.4 42.9 67.6 26. 21. 23. 24. 24. 25. 24. 28. 22. 27. 27. 28. 434. 357. 354. 372. 367. 418. 385. 458. 411. 469. 452. 495. 5.4 1.5 -10.2 21. 3 -10.5 -15.0 4.7 -21. 1 14. 1 4. 1 -11.4 25.7 31.2 61.0 34. 1 52.2 28.7 7.3 12.5 -23.9 8.8 -9.9 -20.3 -3.1 36. 35. 31. 37. 33. 27. 28. 22. 25. 25. 22. 27. 647. 671. 673. 858. 810. 633592. 561. 445. 506. 517. 614. 8438. 8819. 7970. 9770. 8599. 71867635. 5961. 6882. 7170. 6255. 8169. 4.5 4.5 -9.6 22.6 -12.0 -16.4 6.2 -21.9 15.5 4.2 -12.8 30.6 29.2 64.1 38.6 58.2 34.4 6.1 16.4 -23.2 10.2 —8.0 -18.3 1.2 28. 29. 26. 31. 27. 22. 23. 16. 20. 21. 18. 23. 513. 547. 553. 712. 660. 508. 482. 452. 362. 413. 415. 512. 7.4 9.7 -6.3 10.2 -7.3 4. 1 9-7 -13.0 17.3 -6.2 -7.5 -9. 1 -1.3 6.7 11.3 1. 1 4.7 28.3 34.4 4 8. 1 52.2 37.2 43.3 3.6 29. 31. 29. 31. 29. 29. 32. 27. 31. 29. 26. 23. 670. 743. 721. 705. 674. 722. 825. 883. 823. 824. 766. 540. 8563. 9058. 8640. 9563. 9092. 9542. 10192. 8865. 10306. 10026. 8884. 8094. 4.8 5.8 -4.6 10.7 -4.9 5.0 6.8 -13.0 16.3 -2.7 -11.4 -8.9 1.5 2.7 8.4 -2.1 5.7 32.8 33.5 48.7 49.7 39.8 42.0 -.9 24. 25. 23. 25. 23. 24. 25. 2225. 24. 21. 19. 546. 583. 576. 566. 555. 599. 667. 714. 660. 685. 610. 431. 8740. 7783. 7082. 7761. 6467. 6707. 5766. 4 863. 5519. 5233. -10.4 -4.4 .6 -10.9 -9.0 9.6 -16.7 3.7 -14.0 -15.7 13.5 -5.2 -13.6 -24.7 -19. 1 -34.6 -35.9 -32.5 -48.7 -38.8 -55.1 -59.7 -50.5 -48.4 21. 20. 20. 17. 16. 17. 14. 14. 12. 10. 12. 11. 527. 494. 487. 412. 406. 410. 378. 320. 214. 231. 221. 229. 7149. 6849. 6818. 5995. 5464. 6450. 4985. 5265. 4455. 3977. 4403. 3951. -11.7 -4.2 -.4 -12.1 -8.9 18. 1 -22.7 5.6 -15.4 -10.7 10.7 -10.3 -16.5 -24.4 -21. 1 -37.3 -39.9 -32.4 -51.1 -40.6 -56.8 -60.3 -50.4 -51.2 16. 15. 15. 13. 12. 14. 11. 11. 10. 8. 9. 8. 415. 390. 380. 318. 313. 340. 291. 251. 166. 189. 176. 173. 5030. 4446. 4905. 4517. 4667. -3.9 -11.6 10.3 -7.9 3.3 -44.6 -4 8.8 -43.9 -42.0 -34. 1 11. 9. 10. 9. 10. 206. 174. 164. 167. 146. 3846. 3469. 3805. 3567. 3557. -2.6 -9.8 9.7 —6.3 -.3 -46.2 -49.3 -44.2 -40.5 -34.9 8. 7. 8. 7. 7. 157136. 127. 132. 111. -DEC... 1977-JAN.. -FEB.. -MAR. . -APR.. — MAY. . -JUN.. -JUL.. —AUG- . -SEP.. -OCT.. -NOV.. -DEC.. 5158. 5528. 6154. 5599. 5456. 564 2 . 6173. 5593. 5504. 5118. 5910. 5524. -4. 3 7.2 11.3 -9.0 -2.5 3.4 9. 4 -9.4 — 1.6 -7.0 15. 5 -6.5 - - - 5 5 2 4 .. 15588 Il 5 5 9 8 . " 5241. --I - 1 5 9 4 6 .. 0 • • I6 2 5 9 . .I 6 7 3 1 . . 581 6664. .I 6 9 1 6 . . . I 65 69 6 9 .. . 95 --I I 16 1 9 7 9 - J A H . . • » I8 1 . - F E B . . .I . 6 7 1 6 .. -MAR.. » » I 7238 - A P R . . -I - 7739. - M A Y . . . . I8 1 9 4 . 47 - J U N . . .I . 8 3 4 1 .. — J U L . . .I . 83 - A U G . . - • I9 7 2 5 . 7765. -SEP.. --I - O C T . . .I . 9755. - N O V . . • • I9 7 7 3 . - D E C . . • - 10102. 1 1 1 1980-JAN.. • • I 0651. 10809. -FEB.. - - 1 - M A R . . .I . 191 77 0 7 .. 75 -APR.. -MAY.. -JUN.. -JUL. -AUG. -SEP. -OCT. -NOV. -DEC. 10543. 8960. 9380. 7405. 844 7 . 8790. 7788. 9789. •..I -I .I . ••I .I . 1 1981-JAN. -1 10514. . -FEB. -MAR. -APR. -MAY. -JUN. -JUL. -AUG. -SEP. -OCT. -NOV. -DEC. --I 11533. ••I 10806. --I 10965. 1 • • 11907. - I 1 1 4 9 6 .. - 11043 ••I 12611. .I 1 2 8 5 7 . . 12062. • • I16 110 • • - I 1 4 0 .. 10 1982-JAN. -FEB. -MAR. -APR. -MAY. -JUN. -JUL. -AUG. -SEP. • • -OCT. -NOV.. -DEC.. 1983-JAN.. -FEB.. — MAR. . -APR.. -MAY.. 9085. 8686. • I -I 1. 4 * SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OF PRECEDING MONTH. 1 AS PERCENTAGE OF 1 REPAY| LOANS O U T 1 S T W I N G * . . . . fl«*TS MONTH 4457 -It REPAYMENTS PERCENTAGE CHANGE FROM P R E V I O U S 3504. 3624. 3919. 3790. 3162. 3656. 3747. 3542. 3729. 3546. 3895. 4280. 4572. 4431. 4623. 4440. 4886. 5389. 1978—JAN. -FEB. -MAR. -APR. -MAY. -JUN. -JUL. -AUG. -SEP. -OCT. -NOV. -DEC. | LOANS OUT1 STANDING* MILLIONS | OF | DOLLARS | « 425. 363. 410. 376. 361. 406. 403. 386. 330. 370. 377. 412. YEAR 3.2 8.0 -2. 8 -17.2 16.9 . 5 -3. 1 4. 3 -4. 0 10. 1 10.3 I AS PERCENTAGE OF 27. 27. 29. 28. 23. 27. 26. 25. 26. 25. 27. 29. 4332. 4473. 4829. 4695. 3889. - N O V . . . | * TABLE 2 2 3 . 3 H FEDERAL LABD BASKS LOANS CLOSED AMD MSB HOMEY LOANED TSELVE-HOMTH HOYINS TOTAL MEM HOMEY LOANED LOANS CLOSED CHANGE FROH P R E V I O U S YEAR BILLIONS OF DOLLARS AS PERCENTAGE OF 1 | 1 1 LOANS OUTSTANDING* PERCENT | 1 is 1 1 1 YEAR | MILLIONS OF ENDING— 1 DOLLARS 1 1 1 1 4214. 1976-JAN 1 4214. -FEB 1 -MAR....| 4302. 4342. -APR * 4 327. -MAY 1 4359. —JOB....| 4395. — J U L . . a .I —AO G . . . . | 4428. 4440. -SEP | 4434. -OCT 4523. -NOV....I 4585. -DEC 1 AS PERCENTAGE OF CHANGE FROH || I| PREVIOUS YEAR |I M I L L I O N S || OF | REPAYDOLLARS |I M I L L I O N S I| LOANS O U T MENTS PERCENT || STANDING* OF I1 II 1 DOLLARS 210. 116. 109. 95. 62. 62. 139. 211. 220. 211. 341. 366. 5.2 2.8 2.6 2.2 1.5 1.4 3.3 5.0 5.2 5.0 8.2 8.7 28. 28. 28. 28. 27. 27. 27. 27. 27. 26. 27. 27. 451. 433. 424. 412. 404. 400. 398. 394. 389. 385. 384. 387. 3468. 3463. 3536. 3558. 3537. 3556. 3584. 3599. 3605. 3589. 3662. 3696. 80. 5. 3. -8. -38. . -39. 33. 88. 106. 90. 217. 218. 2.4 .1 .1 -.2 -1.1 -1.1 .9 2.5 3.0 2.6 6.3 6.3 23. 23. 23. 23. 22. 22. 22. 22. 22. 21. 22. 21. 371. 356. 348. 338. 330. 326. 324. 320. 316. 311. 311. 312. 1977-JAN 1 -FEB J —MAR.... | -APR... . | — HAY. . . . | -JON....| -JUL.... | — AUG. . . . | -SEP....# -OCT 1 -NOV... .| -DEC...,| 4656. 4739. 4890. 4975. 5130. 5231. 5356. 5438. 5494. 5539. 5608. 5619. 442. 525. 588. 633. 803. 871. 960. 1010. 1054. 1105. 1085. 1034. 10.5 12.4 13.7 14.6 18.6 20.0 21.9 22.8 23.7 24.9 24.0 22.5 27. 27. 27. 28. 28. 28. 29. 29. 29. 28. 28. 28. 374. 377. 379. 383. 385. 380. 375. 375. 381. 381. 381. 381. 3747. 3810. 3921. 3978. 4089. 4163. 4247. 4301. 4335. 4362. 4408. 4418. 278. 347. 385. 420. 551. 608. 664. 702. 729. 773. 7*6. 723. 8.0 10.0 10.9 11.8 15.6 17.1 18.5 19.5 20.2 21.5 20.4 19.6 21. 22. 22. 22. 22. 22. 23. 23. 23. 22. 22. 22. 301. 303. 304. 306. 307. 303. 297. 297. 300. 300. 300. 299. 1978-JAM....| -FEB \ — HA R . . . . | -APR | -HAY 1 —JUN....J -JUL....* -AUG... .| -SEP | —OCT... . | — NOV. . . . | 1 -DEC 1 1979—JAN.-..| —FEB....| 5658. 5662. 5602. 5572. 5625. 5678. 5648. 5726. 5 8 0 1. 5928. 5980. 6014. 1002. 923. 711. 597. 495. 448. 292. 288. 307. 389. 372. 395. 21.5 19.5 14.5 12.0 9.7 8.6 5.5 5.3 5.6 7.0 6.6 7.0 28. 28. 27. 27. 27. 27. 26. 26. 26. 26. 26. 26. 384. 384. 377. 370. 370. 376. 381. 384. 386. 389. 392. 386. 4452. 4449. 4388. 4360. 4408. 4452. 4436. 4510. 4569. 4679. 4728. 4758. 705. 639. 466. 382. 320. 289. 189. 210. 234. 317. 320. 340. 18.8 16.8 11.9 9.6 7.8 6.9 4.4 4.9 5.4 7.3 7.3 7.7 22. 22. 21. 21. 21. 21. 20. 21. 21. 21. 21. 21. 302. 302. 296. 290. 290. 295. 299. 303. 304. 307. 310. 306. 6246. 6343. 6523. 6764. 6984. 7171. 7367. 7578. 7648. 7853. 8067. 8391. 588. 682. 922. 1192. 1359. 1493. 1719. 1852. 1847. 1924. 2088. 2377. 10.4 12.0 16.5 21.4 24.2 26.3 30.4 32.3 31.8 32.5 34.9 39.5 27. 27. 27. 28. 29. 29. 29. 30. 30. 30. 30. 31. 398. 403. 4 13. 426. 439. 452. 458. 469. 474. 486. 497. 518. 4951. 5035. 5195. 5400. 5564. 5719. 5872. 6042. 6106. 6263. 6422. 6678. 500. 586. 808. 1040. 1156. 1267. 1437. 1531. 1536. 1584. 1693. 1920. 11.2 13.2 18.4 23.9 26.2 28.4 32.4 33.9 33.6 33.9 35.8 40.4 21. 21. 22. 22. 23. 23. 23. 24. 24. 24. 24. 25. 315. 320. 329. 340. 350. 360. 365. 374. 378. 388. 395. 412. 8627. 8953. 9228. 9624. 9844. 9899. 9978. 9809. 9852. 9790. 9649. 9619. 2382. 2610. 2705. 2860. 2860. 2728. 2611. 2231. 2204. 1937. 1582. 1228. 38. 1 41.1 41.5 42.3 41.0 38.0 35.4 29.4 28.8 24.7 19.6 14.6 32. 32. 33. 33. 34. 33. 33. 32. 31. 31. 30. 29. 525. 542. 565. 598. 624. 635. 642. 641. 635. 629. 626. 626. 6858. 7133. 7386. 7741. 7950. 7980. 8063. 7933. 7974. 7933. 7836. 7842. 1907. 2097. 2190. 2341. 2386. 2262. 2191. 1891. 1868. 1670. 1414. 1164. 38.5 41.6 42.2 43.3 42.9 39.5 37.3 31.3 30.6 26.7 22.0 17.4 25. 26. 26. 27. 27. 27. 27. 26. 25. 25. 24. 24. 417. 432. 452. 481. 504. 512. 519. 519. 514. 510. 509. 511. 9610. 9666. 9798. 9822. 9862. 10090. 10340. 10585. 10876. 11113. 11347. 11375. 982. 713. 570. 198. 18. 191. 362. 777. 1024. 1322. 1698. 1756. 1 1.4 8.0 6.2 2. 1 -2 1.9 3.6 7.9 10.4 13.5 17.6 18.3 29. 28. 28. 28. 28. 28. 28. 28. 29. 29. 29. 29. 629. 635. 641. 631. 625. 635. 652. 669. 695. 719. 737. 725. 7853. 7870. 7955. 7950. 7992. 8188. 8389. 8591. 8814. 9011. 9198. 9194. 995. 738. 569. 209. 43. 208. 325. 658. 840. 1078. 1361. 1352. 14.5 10.3 7.7 2.7 .5 2.6 4.0 8.3 10.5 13.6 17.4 17.2 23. 23. 23. 23. 22. 23. 23. 23. 23. 23. 24. 23. 514. 517. 520. 511. 506. 515. 529. 543. 564. 583. 597. 586. 11245. 11018. 10799. 10404. 10019. 9682. 9204. 8902. 8428. 7911. 7519. 7129. 1636. 1352. 1001. 583. 158. -408. -1136. -1683. -2448. -3201. -3828. -4246. 17.0 14.0 10.2 5.9 1.6 -4.0 -11.0 -15.9 -22.5 -28.8 -33.7 -37.3 28. 27. 26. 25. 23. 22. 21. 20. 19. 18. 17. 16. 706. 684. 658. 628. 602. 575. 542. 508. 464. 425. 388. 360. 9062. 8884. 8685. 8344. 7990. 7719. 7311. 7053. 6669. 6247. 5935. 5606. 1209. 1014. 729. 394. -2. -470. -1077. -1538. -2145. -2764. -3263. -3588. 15.4 12.9 9.2 5.0 -.0 -5.7 -12.8 -17.9 -24.3 -30.7 -35.5 -39.0 22. 22. 21. 20. 19. 18. 17. 16. 15. 14. 13. 12. 569. 552. 530. 504. 480. 459. 431. 403. 367. 336. 306. 283. 6758. 6423. 5994. 5676. 5444. -4488. -4595. -4805. -4729. -4575. -39.9 -41.7 -4 4.5 -45-4 -45.7 15. 14. 13. 12. 12. 323. 298. 263. 242. 222. 5300. 5032. 4686. 4447. 4264. -3763-3852. -3999. -3896. -3726. -41.5 -43.4 -46.0 -46.7 -46.6 11. 11. 10. 10. 9. 254. 234. 206. 190. 174. —JON....| -JUL....| —AUG....| -NO? -DEC 1 1 1 1980—JAN..•. | -FEB ! -MAR | -JON... . | —JUL..«.| —AO G . . . . | -OCT. . . . I -NOV... . | 1 -DEC 1 1981—JAM.... | -FEB....| —MAR... . | -B&TIIIII -JUM... - J —JUL....| -AOG 1 -OCT...-1 -DEC...-I 1 1982-JAN...•| -FEB....| — HAY.. . . | -JUM....# —JUL....1 — AUG. . . . | -NOV.... I -DEC....1 1 1 1983—JAM... | - F E B . . . . || | - A P R . . . . !| — H A Y . . . . |I 1 L • .. AVERAGE LOAMS OUTSTANDING DURING THE PRECEDING T i E L V E MONTHS (AVERAGE OF END-OF-HOHTH D A T A ) . TABLE 2 2 4 . 1 S FEDERAL L A I D BANKS REFINANCING AND REPAYMENTS MONTH 1 MILLIONS " " J " PERCENTAGE CHANGE FROM PREVIOUS 1 17. 19. 16. 20. 19. 20. 19. 20. 21. 2120. 21. 31. 38. 44. 47. 46. 50. 47. 47. 46. 45. 40. 39. 149. 103. 110. 101. 81. 81. 79. 73. 79. 82. 106. 142. 10.0 -31.0 7.4 -8.5 -19.8 —. 5 -2.2 -7.9 9.3 3.5 29.2 33.3 10.6 60. 6 61.9 58. 3 28.6 32.9 23.7 36. 4 25.4 17.2 32.2 4. 5 .9 29.1 29.5 46.2 31.8 63.2 32.8 60.0 44. 1 33.3 26. 1 31.7 1.1 .5 .4 .7 .6 .6 .5 .5 .5 .4 .4 .4 .4 19. 19. 19. 23. 22. 21. 22. 23. 24. 23. 23. 21. 30. 42. 47. 5250. 46. 46. 50. 55. 47. 43. 39. 208. 117. 143. 110. 113. 125. 132. 93. 74. 92. 123. 148. 46.7 -43.6 22. 1 -23.3 3.3 10.6 5.0 -29.6 -20.5 25.3 33.6 20.0 39.3 13.8 29.5 8.6 39.9 55. 6 67.0 27.6 -7.3 12. 1 15.9 4.4 1.1 .3 -4.4 43.6 -9.4 .8 .2 -18.2 . 1 11.3 -6. 0 -4.0 1.0 6.6 7.2 .9 -1.0 3.5 9.4 -12.7 3.3 18.2 20.8 2. 1 4.7 .4 .4 .6 .5 .5 .5 .4 .4 .5 .4 19. 21. 21. 24. 21. 21. 21. 20. 24. 21. 21. 20. 31. 43. 46. 47. 48. 50. 49. 49. 55. 47. 37.7 -40.9 26.7 -15.2 -1.3 -7.2 -13.9 -.4 -14.4 30.2 9.6 43.9 -2.0 2.7 6.6 17.9 12.6 -5. 6 -22.5 9.7 18. 1 22.7 35. 203. 120. 152. 129. 128. 118. 102. 102. 87. 113. 124. 178. 20.7 .9 .6 .7 .6 . 6 .5 .4 .4 .4 .5 .5 .7 132. 103. 148. 153. 173. 151. 138. 138. 113. 148. 152. 165. 35.5 -22. 1 43.8 3. 1 13.0 -12.7 -8.5 .3 -18.5 31. 1 3. 1 8.3 41.4 15.3 15.5 31.4 47.2 28.3 43.5 43.7 5.3 47.0 57.8 69.2 .5 .4 .6 .6 .7 .6 .5 .5 .4 .5 18. 19. 19. 21. 22. 20. 21. 20. 21. 21. 22. 20. 38. 46. 48. 53. 57. 56. 53. 56. 57. 56. 53. 49. 217. 123. 158. 137. 131. 117. 123. 108. 85. 114. 133. 175. 21.9 -43.4 28.3 -13.1 -4.6 -10.7 5.3 -12. 1 -21.5 34.8 15.9 32.2 6.9 2.3 3.6 6. 1 2.5 -1.3 20.7 6.5 —2. 3 1. 1 7.0 -1.7 .9 . 5 .6 • 5 .5 .4 . 5 .4 .3 .4 . 5 . 6 188. 15*. 170. 194. 184. 176. 133. 99. 14. 1 -18. 1 10.0 14. 1 -5.3 -4.3 -24.0 -25.8 16.2 9.9 -14.2 18.5 42.5 49.9 14.6 26.9 6.4 16.7 -3. 1 -28.3 2.2 -14.3 -28.7 -22.0 19. 18. 16. 17. 18. 22. 18. 19. 20. 20. 20. 17. 44. 54. 55. 63. 65. 64. 53. 54. 5252. 48. 43. 240. 130. 141. 97. 100. 116. 84. 107. 119. 116. 170. 37.0 -45.7 8.0 -19.2 — 14. 7 3.6 15.9 -27.6 26.8 11.5 -2.2 46.2 10.4 5.9 -10.8 -17. 1 -25.8 -14.0 —5. 3 -22.0 26.0 4.2 -12. 1 -2.8 .8 .4 .5 .4 . 3 -3 .3 -2 • 3 • 3 .3 17. 21. 18. 19. 17. 20. 19. 18. 21. 19. 20. 20. 42. 61. 60. 61. 60. 65. 62. 64. 67. 62. 58. 45. 231. 126. 147. 141. 120. 111. 114. 79. 89. 100. 112. 199. 35.7 -45.6 17.2 -4.5 -14.7 -7.5 2.5 -30.4 12.9 11.9 11.8 78. 1 -3.7 -3. 5 4.7 23.7 23.7 10.4 -2.3 —6. 1 -16.4 -16. 1 -4. 1 16.9 .6 . 3 • 4 .4 .3 .3 • 3 .2 .2 20. 21. 20. 22. 22. 21. 22. 21. 24. 21. 20. 24. 40. 50. 53. 52. 54. 52. 47. 42. 37. 256. 29. 29. 10.7 13. 1 20.7 11.4 5.8 18.2 13.0 68.6 73.5 43. 1 70.8 20.8 .6 .3 .4 133. 155. 143. 191. 240. 28.5 -44.4 25.0 -11.9 -18.9 3.3 -2.0 3.9 16.1 -7.7 33.4 25.9 23. 22. 20. 20. 23. 22. 27. 28. 28. 30. 364. 207. 298. 225. 232. 51.5 -43.2 43.8 -24.3 3. 1 42.4 45.6 67.5 43.9 83.0 68. 64. 87. 89. 69. 81. 69. 65. 68. 66. 72. 92. 8.0 -5.2 35.2 2.5 -22. 1 16.5 -14.9 -6.1 5.0 -2.7 8.8 28.3 6.9 8.0 21.3 25.3 8.0 21.5 13.3 36.4 9.5 18.5 27.2 46.6 88. 83. 127. 117. 113. 107. 110. 93. 90. 83. 95. 93. -4.9 -4.9 52.6 -7.6 -3.5 -5.3 2.6 -15.4 -2.8 —8. 0 13.7 -1.5 93. 89. 128. 116. 117. 117. 96. 96. 107. 101. 97. 98. -JUN....I - JOL. . . . | • AO Gm • • • J -DEC. e•* I 1 197 7 - J A N . . . . | -MAR.... 1 —JU N. . . . | -DEC 1 1 1978—JAN....| -MAR....| —JON.... | -AUG....| —DEC....| I 1979-JAN. . . . | —JUN.... | -AUG....; - N O V . . . .1 -DEC J I 1980—JAN.... I -FEB....# -MAR....| mm m | -JON 1 —JUL.... 1 -AUG....| -SEP.... | -OCT....| —NOV. . . . | -DEC. 1 1 198 2 - J A N 1 -FEB....* -MAR....I -APR. . . . | —MAY. . . . | -JON 1 —JUL....| —AUG....| —SEP....J -OCT. . . . f -NOV....| -DEC.... J 1983-JAN 1 -FEB....J -MAR... . J — APR. . . . | — HA Y . • . . I , . .,J 115. 127. 109. 129. 98. 92. 72. 77. 99. 105. 78. 114. 90. 101. .6 - 5 .6 .6 .6 .5 .4 .3 .3 .4 .3 .4 -22.6 29.0 -9.0 -5.7 1.8 6.6 1.5 . 4 142. 113. .6 .5 .5 .6 .6 .5 .5 30.4 15.4 11.9 2.8 -18.7 14.9 170. *45. 197. 170. 149. 142. . 5 -10.9 25.6 27.7 15.0 -1.3 18.4 37.0 43.0 58.7 31.4 44.4 24.2 168. 194. 217. 223. 181. 208. 183. 183. 166. 157. 160. . 4 .4 - 1 2 . 1 . 5 .3 . 4 .4 . 4 .4 1 - 2 5 . 3 . 3 36. 1 -13.9 -11.9 -4.7 -20.7 -13.6 -5.6 -21.3 -9.2 -23.9 -17.6 -31.6 -38.3 -31.1 -49.6 -56.4 .4 - 1 5 . . 4 . 3 . 3 . 2 . 2 . 2 5 . 6 - 5 1 . 2 . 2 . 2 29.2 -38.1 . 2 6.2 -26.0 46.9 -21.4 12.6 -38.4 -46.3 -42.0 -47.1 -32.4 . 2 . 2 . 2 .2 . 2 4 4 . 114. 142. 178. 157. 127. 131. 129. 34. 1 * LOANS OUTSTANDING AT END OF PRECEDING MONTH. " R E F I N A N C I N G OF FEDERAL LAND BANK LOANS" I S COMPUTED AS LOANS CLOSED L E S S NEW MONEY LOANED. "REPAYMENTS" ARE COMPUTED AS I B * MONEY LOANED L E S S THE CHANGE I N LOAMS OUTSTANDING. | AS 1 PERCENTAGE 1 OF | LOANS OUT1 STANDING* .4 4 .5 .5 .4 .5 .4 .4 .4 .4 .4 .5 YEAR -MAR... . | — MA Y. . . . | -JUN.... | —JUL.... | — AU G . -SEP 1 -OCT....1 -NOV....J —DEC....| i 1 9 8 1—JAN 1 -FEB | -MAR....| -APR....I 1 1 | LOANS OUT| STANDING* 1 LOANS CLOSED MONTH 1 1 PERCENTAGE CHANGE FROM P R E V I O U S MILLIONS | OF 1 YEAR MONTH DOLLARS 1 . 1. AS PERCEITAGE OF REPAYMENTS AND REFINANCING DOLLARS 1 1976-JAI....) REPAYMENTS REFINANCING OF FEDERAL LAND BANK LOANS T • 6 . 4 .5 . 6 . 6 • 6 . 7 .5 .4 .4 . 6 • 7 . 5 . 2 .3 . 5 . 3 .3 .3 . 3 . 3 .3 .3 . 4 . 5 .8 .4 .6 . 5 .5 21 TABLE 224.2H F E D E R A L L A I D BANKS R E F I N A N C I N G AND REPAYMENTS S E A S O N A L L I - A D J U S T E D ANNUAL RA T E MONTH 1 I 1 | MILLIONS 1 OF I DOLLARS 1 LOANS CLOSED REPAYMENTS AND REFINANCING MILLIONS OF DOLLARS 1 | | | 1 P E R C E N T A G E CHANGE FROM P R E V I O U S 1 AS | PERCENTAGE 1 OF | LOANS O U T 1 STANDING* MONTH YEAR 1020. 1231. 1178. 1248. 1078. 1120. 1134. 1149. 1402. 1199. 1296. 1308. -18.6 20.7 -4.4 6.0 -13.6 3.9 1.2 1.4 22.0 -14.5 8. 1 .9 10. 61. 59. 56. 26. 30. 2237. 26. 18. 34. 4. 7 4 2 6 6 4 5 8 0 6 8 4 6.3 7.6 7. 1 7.5 6.4 6.5 6.6 6.6 7.9 6.7 7. 1 7.1 42. 44. 45. 47. 44. 40. 42. 47. 48. 46. 46. 47. 1439. 1407. 1494. 1344. 1500. 1726. 1874. 1469. 1307. 1342. 1531. 1363. 10.0 -2.2 6.1 -10.0 11.5 15. 1 8.6 -21.6 -11.0 2.7 14. 1 -11.0 41. 14. 26. 7. 39. 54. 65. 27. -6. 11. 18. 4. 1 3 8 7 1 0 3 8 7 9 1 2 7.7 7.5 7.8 6.9 7.6 8.7 9.3 7.2 6.4 6.4 7.3 6.4 20. 22. 22. 22. 21. 20. 21. 20. 21. 20. 20. 21. 44. 45. 44. 43. 42. 44. 46. 45. 48. 46. 46. 44. 1415. 1464. 1576. 1580. 1682. 1622. 1431. 1604. 1557. 1649. 1559. 1654. 3.9 3.5 7.6 .3 6.5 -3.6 -11.8 12. 1 -2.9 6.0 -5. 5 6. 1 -1. 4. 5. 17. 12—6 . -23. 9. 19. 221. 21. 6 1 5 5 2 0 6 2 1 9 8 4 6.6 6. 7 7. 1 7.1 7. 5 7. 1 6. 2 6.9 6. 6 6.9 6. 4 6.7 MONT H YEAR 2. 4 6. 1 3 7. 6 -18. 3 20. 1 -4. 8 4. 3 7 1. 3 10. 4 17. 2 9.5 8.8 20.3 23.4 7.1 20.6 12.6 36.3 8.6 21.5 25.8 49.9 5.0 5.2 5. 1 5.4 4.4 5.2 4.9 5. 1 5.0 5.0 5.5 6.4 18. 19. 18. 19. 19. 20. 19. 20. 19. 20. 20. 22. 44. 41. 42. 42. 41. 44. 43. 44. 39. 43. 44. 47. -11. 0 6. 2 10. 7 -2. 9 1. 0 -2. 3 16. 7 —6. 4 -7. 2 -3. 1 14. 5 -8. 8 30.4 30.4 44.8 30.6 61.5 31.4 61. 1 44.5 33. 1 27.4 32. 1 2.8 5.6 5. 9 6.4 6. 1 6. 1 5.9 6.8 6.3 5.8 5.5 6.3 5-6 20. 20. 20. 21. 22. 21. 22. 23. 22. 23. 22. 22- -7. 9 7. 7 2. 7 —4. 6 4. 7 4. 5 -5. 8 1 1. 2 5. 6 -1. 6 -3. 1 -5. 2 6.3 7.8 .0 -1.7 1.9 8.9 -12.0 4.5 18.9 20.7 2.2 6.2 5. 1 5-5 5.6 5.2 5.4 5.6 5.2 5.8 6.0 5. 8 5.6 5.2 6.1 1552. 1383. 1405. 1530. 1780. 1624. 1747. 1956. 1502. 2017. 2167. 2192. -MAR....) -JUN....| —JUL. . . . | -AUG....| - N O V . . . -1 -DEC 1 1 1980—JAN.... | — MAR. . . . | —JUL....1 -AUG. . . . 1 | 1981-JAN....( —MAR....| -JON.-.- | —JUL.... | —AUG... — | -DEC | 1 1982-JAN. . . . | —JO N. . . . | - A U G . . . -1 —D E C . . . . I 1 | 1983-JAN 21. -10. 1. 8. 16. -8. 7. 12. -23. 34. 7. 1. 5 9 6 9 3 8 6 0 2 3 5 1 40. 1 15.9 14.7 31.0 45.6 27. 1 45. 1 46. 1 6.3 45.0 60.8 71.5 6.3 5.5 5.5 5.9 6.8 6. 1 6.5 7. 1 5.4 7. 1 7. 5 7.5 19. 2119. 20. 2219. 21. 20. 19. 21. 22. 22. 51. 48. 46. 48. 5150. 51. 54. 50. 55. 56. 57. 1506. 1505. 1623. 1662. 1743. 1619. 1703. 16951520. 1661. 1692. 1632. -9.0 -.0 7-8 2.4 4.8 -7. 1 5.2 -.4 -10.3 9.3 1.9 -3.5 6. 4 2. 8 3. 0 5. 2 3., 6 1 19. 0 5. 7 -2. 4 7 8. 6 - i . 3 2162. 2074. 1603. 1938. 1879. 1888. 1700. 1430. 1543. 1716. 1568. 1720. -1. 3 -4. 1 -22. 7 20- 9 - 3 ., 1 5 ,9 -15. 9 7.9 1 1 ., 2 —8 . 6 9.7 39.3 50.0 14.2 26.7 5.6 16.3 -2.7 -26.9 2.7 -14.9 -27.7 -21.5 7.2 6.8 5.2 6. 1 5.8 5.7 5. 1 4.2 4.5 4.9 4.4 4.8 20. 19. 17. 16. 18. 21. 18. 19. 18. 20. 20. 18. 57. 56. 53. 59. 59. 57. 52. 52. 4550. 51. 52. 1645. 1612. 1442. 1373. 1302. 1415. 1585. 1320. 1900. 1737. 1507. 1595. .8 -2. 1 -10.5 -4.8 -5. 1 8.7 12.0 -16.7 43.9 -8.6 -13.3 5.8 9. 3 , 1 -11. 2 -17. 4 -25. 3 - 1 2 ., 6 -6.9 - 2 2 ..2 2 5 .,0 4.6 -11.0 -2. 3 5.5 1894. 2597. 2033. 2223. 1855. 2222. 2344. 2076. 2473. 2240. 2306. 2138. 10. 2 37. 1 -21.7 9. 4 -16.6 19. 8 5.5 -11.5 1 9 .. 1 -9.4 .9 -7.3 -12.4 25.2 26.8 14.7 -1.3 17.7 37.8 45.2 60.2 30.5 47.0 24.3 5.2 7.0 5.4 5.8 4.8 5.6 5.9 5. 1 6.0 5.3 5.4 4.9 18. 23. 1919. 17. 19. 19. 19. 19. 19. 21. 21. 55. 63. 58. 57. 53. 58. 61. 63. 61. 60. 61. 53. 1568. 1553. 1500. 1690. 1638. 1592. 1529. 1241. 1562. 1464. 1457. 1878. — 1.6 -1.0 -3.4 12.7 -3. 1 -2.8 -4.0 -18.8 25.8 -6. 3 -.5 28.9 -4.7 -3.7 4.0 23. 1 25.8 12.5 -3. 5 -5.9 -17.8 -15.7 -3.3 17.8 4.3 4.2 4.0 4.4 4.2 4.0 3. 8 3.0 3. 8 3.5 3.4 4.3 1894. 1938. 1833. 1689. 1533. 1518. 1443. 1445. 1254. 974. 1132. 1321. -11.4 2 .. 3 - 5 ,. 4 - 7 ,. 9 -9 .3 .9 -5 .0 4.3 4.4 4. 1 3.7 3. 4 3.3 3. 1 3. 1 2.7 2. 1 2.4 2.8 21. 22. 21. 22. 22. 20. 22. 22. 22. 20. 21. 25. 52. 52. 51. 47. 47. 44. 46. 41. 32. 32. 31. 37. 1724. 1757. 1794. 1887. 1745. 1895. 1712. 2099. 2688. 2106. 2500. 2284. -8.2 1.9 2. 1 5.2 -7.6 8.6 —9. 6 22.6 28. 1 -21.7 18.7 -8.7 10.0 13. 2 19.6 11.7 6. 5 19 . 0 11 . 9 69 . 1 72 . 1 43 . 8 71 • 6 21 . 6 3.9 -13.2 -22. 3 16 . 2 16 . 6 .0 -25.4 -9.8 -24.0 -17.4 -31.7 -38.5 -30.4 -49.3 -56.5 -50.9 -38.2 1165. -11.8 -10 .9 1. 8 -15 .5 16 . 7 -38.5 -46.5 -42.4 -4 7.1 -32.0 2.4 2.2 2.2 1.9 2.2 23. 23. 22. 20. 22. 32. 29. 26. 25. 25. 2446. 2557. 2995. 2711. 3205. 7. 1 4.5 17. 1 -9.5 18.2 41 . 8 45 . 5 67 . 0 43 . 6 83 . 7 5.1 5.4 (• 3 5.7 6* 7 — Hall. — — — | | 1. 1042. -9. 2. S E A S O N A L L Y - A D J U S T ED LOANS O U T S T A N D I N G | | 1 LOANS O U T STANDING* | 1 1108. 1192. 1225. 1168. 1223. 1278. 1204. 1339. 1414. 1391. 1348. 1278. -MAY.. . . | -JUN....| —JUL. . . . | -AUG....) -SEP- - - - | —OCT. . . . | -NOV.... | —DEC....| 1 1979-JAN.... | * P E R C E N T A G E CHANGE FROM P R E V I O U S AS P E R C E N T A G E OF 1042. 1106. 1224. 1188. 1200. 1173. 1369. 1281. 1189. 1152. 1319. 1203. — MAR. . . . | -HAY 1 ] | | 1 REPAYMENTS OF F E D E R A L LAND BANK LOANS 799. 84 8 . 846. 910. 743. 893. 850. 886. 893. 904. 998. 1 170. 197 6 - J A N ! -FEB | —MAR....] -APR | -MAY... .1 -JUN .1 -JUL....| -AUG 1 -SEP | -OCT i -NOV. 1 -DEC 1 1 1977-JAN 1 -FEB.. —MAR....| —APR....| -MAY....| —JUN....| -JUL 1 —AU G . . . . ] -SEP. . . . J —OCT. . . . | - N O V. . . . 1 -DEC-..-1 I 1978—JAN....| -DEC. REFINANCING AT END OF P R E C E D I N G MONTH. 6.4 6. 6 6. 1 6. 3 6.2 5.4 5.9 5.9 5. 6 4. 6 4.3 4.0 4.3 4.7 3-9 5. 5 5.0 4.3 4.5 4.0 4. 2 3. 8 4. 1 3. 7 4. 5 5.8 4.5 5. 3 4.8 22 TABLE 2 2 4 . 3 M FEDERAL LAND BANKS REFINANCING AID REPAYMENTS TWELVE-MONTH ROVING TOTAL REPAYMENTS REFINANCING OF FEDERAL LAND BANK LOANS 1 YEAR ENDING— I I MILLIONS OF | DOLLARS 1 1 i 1976-JAN | -FEB j -MAR....| —APR... . | -MAY....I -JUN 1 —J U L . . . . | -AUG | -SEP. 1 - O C T . . . .1 -NOV....| -DEC 1 1 1977—JAN....J -FEB 1 -MAR....| -APR....# -MAY.... J -JUN....; -JOL 1 -AUG.... | -SEP. . . . | -OCT 1 — NOV. . . . | -DEC....| 1 1978-JAN 1 -FEB | -MAR....| — APR. . . . | -MAY | -JUN | —JUL. . . . 4 —AUG*...| -SEP....* -OCT I -NOV....| -DEC 1 1 197 9 - J AM | -FEB....| —MAR. . . . | -APR.... | -MAY | CHANGE FROM PREVIOUS YEAR MILLIONS OF DOLLARS PERCENT AS PERCENTAGE OF LOANS OUTSTANDING* LOANS CLOSED REPAYMENTS AND REFINANCING CHANGE FROM 1 | P R E V I O U S YEAR MILLIONS 1 OF I1 DOLLARS |! M I L L I O N S PERCENT OF 1 1 J1 D O L L Y S &S |1 || PERCENTAGE OF I1 I| LOANS OUTSTANDING* || I1 746. 751. 766. 784. 789. 804. 812. 829. 835. 845. 860. 890. 129. 111. 106. 103. 100. 101. 106. 122. 114. 121. 125. 148. 21.0 17.3 16.0 15.2 14.5 14.3 15.0 17.3 15.8 16.8 16.9 19.9 5.0 5.0 5-0 5.0 5.0 5.0 5.0 5. 1 5.0 5.0 5. 1 5. 2 18. 18. 18. 18. 18. 18. 18. 19. 19. 19. 19. 19. 44. 44. 43. 43. 42. 42. 42. 42. 42. 42. 42. 43. 934. 973. 1015. 1053. 1071. 1091. 1106. 1125. 1141. 1153. 1179. 1185. 98. 146. 195. 235. 248. 258. 267. 287. 283. 291. 302. 265. 11.7 17.7 23.7 28.7 30. 1 31.0 31.8 34.3 33.0 33.7 34.5 28.8 6.3 6. 4 6.6 6.8 6.8 6.8 6.8 6.9 6.9 6.9 6.9 6.9 909. 928. 969. 997. 104 1. 1067. 1109. 1137. 1160. 1177. 1200. 1201. 163. 177. 202. 213. 252. 264. 297. 308. 325. 332. 339. 311. 21.9 23.6 26.4 27.1 31.9 32.8 36.6 37.2 38.9 39.3 39.4 35.0 5.2 5. 3 5. 4 5.5 5.7 5.8 5.9 6.0 6.0 6.0 6. 1 6.0 20. 20. 20. 20. 20. 20. 21. 21. 21. 21. 21. 21. 42. 4243. 43. 44. 44. 4444. 45. 45. 45. 45. 1244. 1258. 1291. 1299. 1331. 1376. 1429. 1449. 1443. 1453. 1470. 1476. 309. 285. 275. 246. 261. 286. 323. 324. 302. 300. 291. 291. 33. 1 29.3 27. 1 23.4 24.4 26.2 29.2 28.8 26.5 26.0 24.7 24.6 7. 1 7. 1 7.2 7.2 7.3 7.4 7.6 7.6 7.5 7.5 7.5 7.4 1207. 1213. 1214. 1212. 1216. 1226. 1212. 1215. 1232. 1249. 1251. 1256. 297. 284. 245. 215. 175. 159. 104. 78. 72. 72. 51. 55. 32.7 30.6 25.3 21.6 16.9 14.9 9.4 6.9 6.2 6. 1 4.3 4.6 6.0 5.9 5.9 5.8 5.7 5.7 5.6 5.5 5.6 5.6 5.5 5.5 21. 21. 22. 22. 22. 22. 21. 21. 21. 21. 21. 21. 45. 45. 4545. 44. 45. 45. 45. 45. 45. 45. 45. 1472. 1475. 1485. 1504. 1519. 1512. 1482. 1491. 1504. 1525. 1526. 1557. 228. 217. 194. 205. 187. 135. 53. 42. 61. 72. 56. 80. 18.4 17.3 15.0 15.8 14. 1 9.8 3.7 2.9 4.2 5.0 3.8 5.4 7.3 7.2 7.2 7.2 7.2 7.1 6.8 6.8 6.8 6.8 6.7 6.8 1294. 1308. 1328. 1364. 1420. 1453. 1495. 1537. 1542. 1590. 1645. 1713. 88. 95. 114. 152. 203. 226. 282. 321. 310. 340. 394. 457. 7.3 7.9 9.4 12.5 16.7 18.5 23.3 26.4 25.2 27.2 31.5 36.4 5.6 5.6 5.6 5-7 5.8 5-9 6-0 6-0 6.0 6. 1 6.2 6. 4 21. 21. 20. 20. 20. 20. 20. 20. 20. 20. 20. 20. 45. 45. 46. 46. 47. 48. 48. 49. 49. 50. 50. 51. 1570. 1573. 1579. 1587. 1590. 1588. 1609. 1616. 1614. 1615. 1624. 1621. 98. 98. 94. 82. 71. 77. 127. 125. 110. 90. 98. 64. 6.7 6.6 6.3 5.5 4.7 5. 1 8.6 8.4 7.3 5.9 6.4 4. 1 6.8 6.7 6.6 6.6 6.5 6.4 6.4 6.4 6.3 6.2 6. 1 6.0 -JUL..-.! -AUG | -SEP....J -OCT J -NOV | -DEC | 1 1 980-JAN 1 -FEB.... i -MAR 1 — APR. » . . J -MAY.. . . 1 -JUN. . . . | -JUL....| -AUG....* -SEP | —OCT.... | -NOV.... | -DEC 1 1 1981—JAN | -FEB.... | -MAR-...1 -APR 1 —MAY.... I -JUN....} -JUL. . . . | -AUG | -SEP J -OCT.... | — NOV. . . . | -DEC | 1769. 1820. 1842. 188 3 . 1894. 1919. 1915. 1876. 1878. 1857. 1813. 1777. 475. 512. 514. 519. 474. 466. 420. 339. 336. 268. 168. 64. 36.7 39.2 38.7 38.0 33.4 32.1 28. 1 22. 1 21.8 16.8 10.2 3.7 6.5 6-5 6.5 6.5 6.5 6.4 6.3 6. 1 6.0 5.8 5.6 5.4 21. 20. 20. 20. 19. 19. 19. 19. 19. 19. 19. 18. 5252. 53. 54. 55. 55. 55. 55. 55. 54. 54. 54. 1643. 1651. 1634. 1610. 1576. 1560. 1554. 1530. 1552. 1557. 1541. 1536. 73. 77. 55. 24. -13. -28. -56. -86. -62. -59. -83. -85. 4. 6 4.9 3.5 1.5 -.8 -1.8 -3.5 -5.3 -3.8 —3. 6 -5. 1 -5.3 6.0 5.9 5.8 5.6 5.4 5.2 5. 1 5.0 4.9 4.9 4.7 4.7 1756. 1796. 1843. 1872. 1870. 1902. 1951. 1994. 2062. 2101. 2149. 2181. -13. -25. 1. -11. -24. -17. 37. 118. 183. 244. 336. 404. -.7 -1.3 .0 -. 6 -1.3 -.9 1.9 6.3 9.8 13. 1 18.5 22.7 5.2 5.3 5.3 5. 3 5.2 5.3 5. 3 5.3 5.4 5.5 5.5 5.5 18. 19. 19. 19. 19. 19. 19. 19. 19. 19. 19. 19. 53. 54. 55. 55. 54. 54. 55. 56. 57. 58. 5858. 1527. 1522. 1529. 1556. 1579. 1589. 1586. 1581. 1564. 1545. 1540. 1568. -117. -129. -105. -54. 2. 29. 33. 52. 12. -12. -1. 33. -7. 1 -7.8 -6.4 -3.4 . 1 1.9 2. 1 3.4 .8 —. 8 -.0 2. 1 4.6 4.5 4.4 4.4 4.4 4.4 4. 3 4.2 4. 1 4.0 3.9 3.9 1982-JAN | — FEB. . . . | -MAR....| -APR | -MAY | -JUN J -JUL | -AUG. . . . | -SEP....| —OCT- . . . | —NOV....| -DEC 1 2183. 2134. 2114. 2061. 2029. 1963. 1893. 1849. 1758. 1665. 1584. 1523. 427. 338. 271. 189. 159. 61. -58. -145. -303. -437. -565. -657. 24.3 18.8 14.7 10. 1 8.5 3.2 -3.0 -7.3 -14.7 -20.8 -26.3 -30. 1 5.4 5.2 5. 1 4.9 4.7 4.5 4.3 4.2 3.9 3.7 3.5 3.3 19. 19. 20. 20. 20. 20. 21. 21. 21. 21. 21. 21. 58. 57. 56. 55. 55. 54. 53. 51. 49. 47. 45. 43. 1593. 1610. 1640. 1656. 1663. 1683. 1698. 1752. 1818. 1861. 1940. 1982. 67. 87. 111. 100. 84. 94. 112. 171. 254. 317. 401. 413. 4.4 5.7 7.3 6.5 5.3 5.9 7.0 10.8 16. 3 20.5 26.0 26.3 3.9 3.9 3.9 3.9 3.9 3.9 3.9 4.0 4. 1 4.1 4.3 4.3 1983-JAN.... | -FEB. . . . | -MAR | —APR....| -MAY....! I 1458. 1391. 1308. 1228. 1180. -725. -743. -806. -833. -849. -33.2 -34.8 -3 8.1 -40.4 -41.8 3.2 3.0 2.8 2.6 2.5 22. 22. 22. 22. 22. 41. 39. 37. 34. 33. 2090. 2155. 2275. 2344. 2449. 497. 545. 635. 687. 786. 31.2 33.9 38.7 41.5 47.3 4.5 4.6 4.9 5.0 5.2 * AVERAGE LOANS OUTSTANDING DURING THE PRECEDING TWELVE MONTHS (AVERAGE OF END-OF-HONTH D A T A ) . " R E F I N A N C I N G OF FEDERAL LAND BANK LOANS" I S COMPUTED AS LOANS CLOSED L E S S NEW MONEY LOANED. "REPAYMENTS" ARE COMPUTED AS NEW MONEY LOANED L E S S THE CHANGE I N LOAMS OUTSTANDING. TABLE 231. 18 L I F E INSURANCE COMPANIES MORTGAGES O U T S T A N D I N G AND A C Q U I R E D FARM FARM MILLIONS OF MORTGAGES FARM OUTSTANDING PERCENTAGE DOLLARS FROM END CHANGE OF FROM CHANGE MILLIONS OF MORTGAGES ACQUIRED PERCENTAGE DOLLARS FROM PREVIOUS ACQUIRED PREVIOUS* J CHANGE FROM CHANGE PREVIOUS PREVIOUS MONTH MONTH YEAR 6731. 6769. 6815. - 2 2 . 38. 46. 4 3 1 . 375. 387. - . 3 . 6 . 7 6 8 7 6 . 694 6. 7005. 61. 70. . . . . . 9 1.0 . 8 1 197 6 - J A N 1 | -FEB -MAR. -APR -MAY 1 | 1 | -JUN | 1 MONTH 6 . 8 5 . 9 100. 116. 136. 6 . 0 5 . 7 128. 125. 131. -JUL 1 —A U G . . . . | -SEP . | 7072. 59. 6 7 . 3 7 2 403 432 488 7127. 7184. 5557. 5 2 1 . 5 5 3 . . 8 . 8 7 . 9 106. 8 . 3 -OCT -NOV -DEC 7219. 7291. 7425. 35. 7 2 . 134. 558. 6 1 2 . 6 7 2 . . 5 1.0 1.8 8 . 4 9 . 2 10.0 123. 79. 116. 242. . 1 1.0 1.7 2 . 3 1. 4 2 . 7 10. 10. 12. 13. 14. 4 9 1 6 1 2 4 9 0 1 1 1 . . . . . 9 . 76. 7 0 3 . 7 4 1 . 130. 174. 110. 8 2 5 . 9 3 8 . 9 7 8 . 8139. 8235. 8330. 2 1 5 . 96. 95. 1134. 8475. 8570. 1 9 7 7 - J A N . . . . | - F E B . . . . J 7 4 75 76 78 79 - M A R . . . . | —APR. . . . | - M A Y . . . . J 3 1 4 1 2 4 0 0 4 4 -OCT 1 —N O V . . . . | .| 145. 95. 79. 1203. 1291. 1.2 1.2 1.7 864 9. - J U L . . . . | -AUG. . . . | -SEP | 1 1 1 1 1351. 1358. 1. 1 . 9 18-7 18.6 8842. - J U N . . . . | -DEC 1.0 6 . 2 6 . 6 7 . 4 193. 1417. 2 . 2 19.1 1163. 1 8891. - F E B . . . . | —MAR....| —APR. . . . | -MAY... . | 49. 1457. . 6 9001. 9205. 1978—JAN....| 110. 204. 1491. 1565. 1.2 2 . 3 181. 137. 1 1 1 1 5 5 5 5 7 9 7 9 2 9 3 3 . . . . 2 . 0 1.5 1 1 1 1 1 6 6 7 7 6 3 4 0 1 5 5 1 6 7 7 . . . . . 9386. 9523. 9712. 9828. —JUN. . . . | -JUL 1 —AUG. . . . 1 —SB P . . . . | 9965. 10116. -OCT -NOV -DEC 1 1 J 10276. 10366. 10499. 1 1979—JAN. . . . | -FEB. . . . J 10515. — MA R . . . . | —APR. . . . 1 —MAY.... | - J U N . . . . I - J U L . . . . | —A U G . . . . | 10682. 10927. 11089. 11260. 11480. 189. 116. 137. 151 160 90 133 . . . . 1 1981-JAN. . . . | 56. 1698. 1 1 1 1 6 5 4 3 1 0 5 9 7 6 7 6 . . . . 1263. 1181. 1057. 954. 873. 7 9 8 . 7 7 8 . 12931. - 2 7 . 7 1 8 . 43. 6 7 5 . 2 9 5 1 9 . . . . . . 9 . 6 . 1. . . . 3 7 1 9 9 7 . . . . . 1 2 3 4 3 . 4 - . . . . 2 3 0 1 31. 17. 19. 349. 331. 2 9 9 . . 2 . 1 . 1 - N O V . . . . | 13100. - 1 9 . - 4 9 . 2 47. - D E C . . . . I - . 1 - . 4 13028. 12992. 12948. - 7 2 . - 3 6 . - 4 4 . 97. 18. - 2 7 . 12974. 26. 15. 4 . - 1 1 . - 4 2 . - 5 1 . . 2 . 1 . 0 - 5 . - 9 . - 4 7 . - 1 13. - . 0 - . 1 1. 10. 4 3 7 0 4 2 . 0 . 8 1.3 1.2 1. 1 13132. 13149. 13168. 13149. 142. 1 —JUL. . . . | - A U G . . . . | -NOV. . . . | —D E C . . . . | 12989. 12993. 12988. 12979. 12932. 12914. 12894. 12828. - 1 5 3 . - 2 1 7 . . 4 . 1 . 4 - . 5 - . 3 - . 3 - 1 8 . - 2 5 4 . - . 4 - . 1 - 2 0 . —66. - 2 5 5 . - 2 7 2 . - . 2 - . 5 1 8 8 7 7 7 6 . . . . . . 2 2 7 7 3 7 . . . . 2 9 . 9 - 3 9 . 6 11.9 11.2 112.2 2 1 . 7 7 7 . 4 8 2 . 3 16.4 3 1 . 8 200. - 1 1 9 . 7. 78. 40. 51. 52. 7 5 7 0 3 1 5 7 . . . . 2 0 6 . 227. 213. 148. 2 5 6 . 186. 17. 37. - 1 2 . - 2 2 . 24. - 6 8 . - 1 . - 1 4 . 56. - 2 7 . 3 - 7 . 0 106. 41.4 4 8 . 7 27.1 3 7 . 2 - 3 4 . - 3 8 . 9 - 1 2 . 5 14. 99. - 3 7 . 26. - 4 5 . 47. 33. - 8 9 . - 1 7 0 . - 4 0 . 1.1 . 8 . 1 - . . . . . 2 1 3 4 9 - 1 . 2 - 1 . 7 - 3 0 3 . - . 8 - 2 . 3 - . 2 - . 3 - 2 . 3 —APR. . . . | 12660. - 3 1 4 . . 0 - 2 . 2 - 2 . 4 . . . . - 4 . 21. 4. 10. 80. - 5 0 . 44. —6 1 . 1. 5. - 3 5 . 67. - 9 1 . - 2 1 1 1 1 - 2 1 5 2 4 7 4 1 1 4 6 6 . . . . . . - 2 3 . - 2 6 . 5 16.3 12.2 - 2 4 . 6 13.5 - 2 0 . 5 27.0 - 1 0 . 0 —12. 6 - 1 3 . 8 —60. 7 - 6 . 8 3 8 . 2 5 . 3 12.5 8 8 . 9 . 0 - 1 1 . 9 6. 1 - 17. 3 3 . 4 3 . 1 6 . 3 4 . 5 9 . 6 5 . 7 3 . 7 8 5 7 3 9 3 3 - 6 2 . 0 —6 4 . 6 - 4 5 . 8 - 1 1 . 9 - 2 9 . 4 3 6 . 7 - 4 5 . 2 - 5 . 7 - 5 3 . 4 - 4 7 . 7 —65- 7 6 . 82. - 3 7 . 2 1.0 4 . 8 - 3 2 . 1 9 0 . 5 2 7 . 3 2 . 6 - 2 0 . 0 —67.8 - 9 9 . - 1 0 . - 1 1 8 . - 9 5 . - 3 7 . 4 - 5 0 . 7 139.0 - 5 0 . 4 I K 4 - 1 7 . 9 29. 5 2 . - 3 5 . 23. - 6 1- 1 1 8 . - 5 4 . 7 7 9 . 3 6 8 . 16. - 5 2 . 3 0 . 8 - 4 3 . 3 4 0 . 7 7 . - 2 8 . 37. - 1 2 4 . - 2 6 . 49. 128. 53. 58. - 2 8 . 79. - 7 5 . - 5 5 . 19. - 4 1 . 2 9 2 . 5 - 3 6 . 4 —75.6 - 2 5 . 2 - 5 2 . 9 161.2 - 5 8 . 6 9 . 4 17. - 2 8 . - 5 8 . - 3 7 . 4 4 9 1 - 5 6 . - 5 1 . 6 9 . 2 6 . 4 6 0 9 44. 49. 66. - 2 9 4 . - 2 8 8 . 2 5 4 1 - 5 4 . 5 2 1 . 2 - 2 . 9 13.0 15. 2. —16. - 1 . 9 - 2 . 1 - 2 7 . - 3 8 . 2 2 2 9 5 . 6 36.0 - 1 7 . 9 - 7 1 . 8. - 1 4 . - 1 . 9 - 1 0 3 . - 10.9 41. 1 64. 34. 31. 12698. 12660. 1 2 6 6 9 - 7 0 . 77. 219. 174. 221. 199. 103. 104. 109. 74. 141. 70. 78. - 1 . 23. 9 . 8. 4 7 . 9 . 6 - 1 9 . 7 16. 15. 13. 13. 120164. - 4 . 2 - 8 . 1 —6. 2 - 3 0 . 5 7 3 . 0 16.8 16.0 5 . 9 5 . 5 4 . 4 3 . 5 3 . 0 2 . 4 2 . 7 2 . 7 2 . 6 2 . 3 1.9 25.0 3 2 . 7 2 2 . 3 6 . 6 17.3 6 9 . 13. —63. 13. 18. —63. 6 . 4 136.3 21. - 1 4 . - 6 5 . 108. 26. —60. 27. 174. 150. 59. 55. 76. 80. 90. 170. 6 9 . 9 9 . 6 - 2 4 . 7 - . 5 10.2 226. 166. 193. 12.4 11.0 10.2 9 . 0 8 . 0 7 . 3 6 . 6 0 5 3 0 2 - 3 . 3 9 . 18. 18. - 2 7 . 1 1 8 1 60. 34. 7 1 . 100. 7 1 . - 3 7 . 3 3 . 5 3 7 . 7 7 0 2 6 - 2 0 4 . 36. - 6 . 12725. 14 3 8 8 170. 2 0 6 . 200. - F E B . . . . | 1983—JAN..•.| 128. 89. 9 5 4 9 4 5 8 . 2 - 3 1 . 1 —6. 3 2 2 2 2 0 4 3 5 - 3 3 . - 2 . 4 9 . 9 . - 1 6 . 65. 19. 7 7 . 207. 2 8 5 . . . . . 0 8 8 6 - 6 5 . - 9 . 184. 1720. 1738. 1681. . . . . 100 9 8 4 6 7 8 16. - 3 5 . 4 6 . 108. 144. 135. 319. 155. 138. 8 3 1 8 - 2 . 3 4 - 8 5 . 3 64. - 1 1 0 . 20. 21. 26. 109. 6 4 6 4 1 233. 256. 214. 2 7 8 . 168. 188. 209. 265. 374. 7 7 7 7 4 6 . 13. 57. —MAR....| 6 0 . 40. 97. 1 1 1 1 1 1 1737. 13031. 13044. 13101. 1982—JAN....| - 8 2 . - 4 . 77. 23. - 4 2 . 1 1 1 1 5 4 3 3 3 - A U G . . . . | 25. 51. 8 9 . 2 2 0 . 91. 12974. 12975. 12985. - J U N . . . . 1 - 4 4 . 37. 126. 128. - 1 5 2 . 12 12 12 12 . . . . - 2 3 . 2 2 3 9 . - N O V . . . . I - D E C . . . . ! 8 9 2 8 5 3 . 61. 18.7 12743. 12752. 12783. 1 6 0 5 - 3 2 . 17. 18. 1 - J U N . . . . I — J U L . . . . | -AUG. . . . | 8 8 9 9 6 . 7 6 6 . 7 74.7 150.9 2. 3 1.5 1 . 5 —HAY. . . . | . . . . . - 5 . 9 1722. 1703. 33. 86. 134. 113. 110. 87. 9 . 31. 35. 51. 33. 3 9 3 6 6 3 6 4 9 9 7 8. 50. 56. 83. 2 4 5 . 162. 171. 1 1 1 1 1 1 9 3 4 5 . . . . . . 25-0 - 2 9 . 3 14.3 263. 391. -OCT 1 —NOV. . . . | -DEC | 2 2 4 5 6 1.6 . 9 1.3 19 19 19 19 19 18 - 3 4 . 6 16.0 17.2 18.3 18.7 132. 108. 76. 2 2 2 2 2 20. 1 2 0 . 2 19.3 2 0 . - 4 8 . 17. . 2 1.6 11996. 12104. 12180. —M A R . . . . | 19.6 19.9 2 0 . 5 YEAR - 5 3 . 16. 20. - 8 . - 3 . 6. 7. 1624. 1681. 11571. 11726. 11864. 1 I960—JAN.... | 0 2 4 5 . . . . 160. 156. MONTH 16. 167. | - S E P 2 . 1. 1. 1. 6 6 6 8 138. 1 5 2 . 7 1 . 7 4 . 102. 5. - 1 4 . - 1 0 . - 2 1 . - 8 3 . - 2 6 . - 4 4 . - 2 4 . 1 - 2 2 . 7 - 8 . 8 - 6 9 . 4 17. - 3 3 . 20. 14. - 1 4 . 19. - 1 6 . 3 1 . - 2 1 . 2 36. 5 - 2 3 . 5 3. 28. - 3 . 5 3 . 4 . 2 3 7 . 8 —3.9 108.2 - 3 . 18. 58. 1 3 4 . 7 24 L I F E INSURANCE COMPANIES FARM MORTGAGES OUTSTANDING AND ACQUIRED SEASONALLY-ADJUSTED DATA TABLE 2 3 1 . 2 N I 6771. 6822. 6850. 6881. I PERCENTAGE CHANGE FROM PREVIOUS M I L L I O N S OF DOLLARS END OF MONTH 1976-JA N | -FEB I -MAR 1 -APR 1 ~HAI*<« • | — JU N. . . . | —JUL.•..| -AUG. . . . | -SEP -| -OCT 1 -NOV....| -DEC 1 FARM MORTGAGES ACQUIRED FARM MORTGAGES OUTSTANDING 1 6947. 6981. 7044. 7103. 7159. 7199. 729 3. 7405. | | | 1 CHANGE FROM PREVIOUS MONTH (SAAB) YEAR 530. 639. 342. 383. 824. 428. 793. 743. 704. 491. 439. 380. 388. 366. 398. 424. 484. 522. 551. 558. 615. 677. 1218. 1464. 985. 712. 748. 827. 935. 974. 1124. 1158. MONTH fSAAR) 7 9 5 5 . . . . 9 4 0 6 12.0 6.2 1 1.4 10.6 9 . 9 6 . 9 1 6 . 9 20. 13. 1 5 . 18. 2 4 . 17. 1 3 0 3 0 2 1977-JA N 1 -FEB | — MAR. • . . 1 — APR. . . . ] -HAT 1 -JON | —J U L . . . . | —AUG....| —SE P . . . . ) —OCT. . . . | -NOV \ —D E C . . . . ) 7483. 7570. 7677. 7816. 7920. 1978-JA N 1 -FEB 1 —MAR....| -APR....] -HAY. | 1 — JU N —JU L . . . . | —AUG....I -SEP I -OCT....| -NOV....I -DEC | 8950. 9073. 9248. 9388. 9516. 9669. 97939938. 10085. 10247. 10363. 10486. 1979-JA N 1 -FEB 1 -MAR 1 -APR....I -MAY | —JU N . . . • | -JUL | —AUG.... | -SEP....| -OCT | -NOV... .| -DEC.... | 10580. 10761. 1097511096. 11253. 11432. 11536. 11696. 11832. 11961. 12091. 12171. 1189. 2390. 2864. 1544. 2037. 2340. 1318. 2078. 1732. 1644. 1980-JA N 1 — FEB. . . . | -MAR....| -APR....| 12283. 12384. 12491. 12567. 12644. 12690. 12717. 12749. 12786. 12830. 12877. 12947. 1413. 1279. 1338. 942. 953. 573. 329. 389. 446. 540. 578. 865. 1703. 1623. 1516. 1471. 1391. 1259. 11.6 1053. 954. 869. 786. 777. 3. 1 3 . 5 12991. 13045. 13025. 13003. 13031. 13006. 13079. 13103. 13124. 13130. 13118. 13088. 528. 664. -230. -264. 338. -292. 896. 296. 251. 71. -142. -353. 708. 534. 436387. 316. 361. 354. 338. 300. 241. 141. 13081. 13054. 12999. 12998. 12990. 12959. 12968. 12951, 12909. 12878. -81. -325. -639. 91. 9. —26. -5. -41. -47. - . 6 - 2 . 5 - 4 . 9 -JUN....I —JUL....| — AU G. . . . | -SEP.... | -OCT.... I -NOV 1 -DEC....| 1981-JA N -FEB I 1 1 —A..| MR.. -APR | -MAY....! —JU N. . . . | -JUL. . . . | -AUG | — SEP- . . . 1 -OCT | -NOV | -DEC 1 1 1982-JA N 1 -FEB 1 — MAR. . . . I — APR. . . . | -MAY 1 -JON | -JUL.... | —AUG.... 1 -SEP....| —OCT.... | -NOV | -DEC....| 1983-JAN.... -FEB -MAR.... -APR.... I I ] | I 8202. 8305. 8447. 8546. 8651. 8826. 12862. 12817. 12777. 12758. 12717. 12693. L 1389. 1840. 1343. 2535. 1241. 1316. 1885. 1265. 1349. 2343. 1609. 1590. 2337. 1829. 1665. 2004. 1593. 1888. 1915. 2133. 1472. 1578. 1666. 988. —18. -96-361. 102. 1201. 1288. 1347. 1358. 1420. 1467. 1502. 1570. 1572. 1596. 1564. 1591. 1633. 1637. 1701. 1711. 1660. 1630. 1689. 1727. 1708. 1737. 1762. 1743. 1758. 1747. 1713. 1729. 1685. 1181. 660. -111. -199. -500. -364. -187. -534. -152. -215. -252. -256. -271. -466. -232. -486. -304. -296. -283. -305. -280. 3 2 . 0 15.3 16.0 2 2 . 7 15.0 15.8 27. 1 18.2 1 7 . 8 2 5 - 8 19.8 17-7 21. 1 16-5 19.3 19.3 21.2 14.4 15.2 11.3 22.6 26.6 1. 1 4 18.4 20.8 1 1 1 1 1 1 8 4 3 3 . . . . . 5 0 8 9 9 8.2 10.4 10.8 7 . 5 7 . 6 4 . 5 2.6 4 . 2 4 . 5 6 . 7 -39. -143. 233. 442. -154. 408. -333. 333. 74. -676. 110. 495. 762. 452. 898. 1284. 978. 1452. 554. 1273. 1159. 944. 333. 750. 19.6 19.8 20.5 20. 1 20.2 19.3 19.4 19.7 19.4 19.9 19.8 18.8 2537. 2444. 2652. 2772. 2762. 2746. 3228. 3132. 3085. 3141. 2527. 2382. -291. -93. 208. 120. -10. -16. 482. -95. -47. 56. -614. -146. 18.2 18.6 18.7 18.2 18.2 18.2 17.8 17.7 17.3 16.7 16.7 16. 1 2312. 3091. 3636. 2485. 2788. 3798. 2632. 3169. 2754. 3263. 2730. 1873. 16. 1 15. 1 13.8 13.3 12.4 11.0 10.2 9.0 8. 1 7.3 6.5 6.4 - 3 . 6 -1.8 - 3 . 8 -2.2 12. 1 -26.5 56.4 3.9 25.6 -31.7 16.7 4.4 67.0 69.8 162.5 105.2 90.4 41.5 84.0 62.8 -1.9 -7.0 12.3 59.6 31.3 73.0 99.7 16.9 105.8 20.8 —6. 0 -11.8 13.4 68.0 28.6 82.0 66.7 73.9 21.2 36.1 498. 549. 524. 201. 346. -79. 736. 308. 186. 919. 195. -446. -10.3 -3.7 8.5 4.5 -.4 24.4 29.0 24.6 7.8 14.3 17.5 -3.0 -1.5 29.6 10.9 6.4 41.3 8.4 -15.8 -70. 779. 545. -1151. 303. 1010. -1167. 537. -415. 509. -534. -857. -225. 647. 984. -287. 26. 1052. -596. 36- 3 3 1. 122. 202. -509. -2.9 33.7 17.6 -31.7 36.2 -30.7 20.4 -13. 1 18.5 -16.4 -31.4 2703. 2003. 2068. 2094. 1766. 1569. 894. 848. 1067. 1151. 1420. 1710. 831. -70064. 27. -328. -197. -675. -47. 220. 84. 269. 290. 391. -1088. -1569. - 3 9 1. -1022. -2229. -1737. -2321. -1687. -2112. -1310. -162. 44.4 -25.9 3.2 1.3 -15.7 -11.1 -43.0 -5.2 25.9 7.8 23.3 20.5 16.9 -35.2 -43.1 -15.7 -36.7 -58.7 5.8 5.3 4.3 3.5 3. 1 2.5 2.8 2.8 2.6 2.3 1.9 1. 1 1459. 1881. 966. 1092. 1070. 804. 2070. 1092. 1131. 940. 436. 525. -251. 422. -915. 126. -23. -266. 1267. -978. 38. -191. -505. 89. -1244. -122. -1102. -1002. -696. -766. 1176. 245. 63. -211. -984. -1185. -14.7 28.9 -48.7 13. 1 -46.0 .7 . 1 -.2 -.0 -.3 -.4 -.8 -1.2 -1.6 -1.9 -1.9 -2. 1 825. 454. 740. 508. 1236. 585. 845. 693. 497. 464. 722. 659. 300. -371. 286. -232. 728. -651. 260. -152. -196. -33. 258. -63. -634. -1427. -226. -584. 166. -219. -1226. -400. -634. -477. 286. 134. 57.2 -45.0 63.0 -31.3 143.2 -52.7 44.4 - 628. 807. 721. 1054. -197. 353. -19. 545. -4.7 28.5 -10.7 46.2 - 2 . 7 - 4 . 1 .1 13.0 -14.8 4.6 11.7 -4.6 41.2 -19.9 2.6 . 5 - 1 . 1 - 2 . 8 - 1 . 4 — 2039. 1896. 2128. 2571. 2416. 2825. 2491. 2825. 2899. 2222. 2333. 2828. 2 . 3 1.9 . 8 YEAR 10.5 11.0 12. 1 13.6 14.0 16. 1 16.4 16.9 18.0 18.7 18.6 19.2 6 . 9 - 3 . 9 MONTH 260. -670. 176. 54. 577. 564. 1200. 796. 826. 375. 913. 801. 2.6 - 1 . 5 CHANGE FROM PREVIOUS 1. 166. -213. 57. 151. -65. 565. -386. 187. -461. 72278. -2.2 - . 1 - . 7 | | | J 1277. 1444. 1230. 1287. 1438. 13721938. 1552. 1739. 1278. 2000. 2078. 4. 1 5. 1 -2.8 ACQUIRED IN MONTH _ISAAR1 6.9 5.9 6.0 5-6 6. 1 6-5 7.4 7.9 8.3 8.4 9.2 10. 1 -1.8 -2.0 I 8106. 1121. PERCENTAGE CHANGE FROM P R E V I O U S MILLIONS OF DOLLARS 2 2 2 2 .3 .3 .2 .3 -31. 179. —86. 333. -23.3 5.0 —. 6 1.8 -19.5 -5.8 12.2 -2. I -24.9 157.6 -47.2 3.5 -16.9 -53.7 20.5 -18.0 -28.3 -6.7 55.7 -8.7 16.6 -2.8 -8.9 26.5 37.1 -10.3 .9 38.3 -18.5 1.2 -10.7 3.9 8.0 -21.4 -66.0 -73.2 -61.2 -64.7 -48.0 -8.7 —6. 1 -53.3 -47.8 -39.4 -48.8 131.4 28.9 5.9 -18.3 -69.3 -69.3 -43.5 -75.9 -23.4 -53.5 15.6 -27.2 -59.2 -36.6 -56.1 -50.7 65.7 25.6 -23.9 77.8 -2.6 107.3 TABLE 2 3 1 - 3 M L I F E INSURANCE COMPANIES FARM MORTGAGES ACQUIRED TWELVE-MONTH MOVING TOTAL 1 1 1 MILLIONS 1 OF 1 | DOLLARS | | 1 1 I 1 1 1095. 197 6 - J A N J 1047. -FEB . | 1064. -MAR 1 1072. — APR. • • « | 1122. -MAY J 1178. -JUN.._.( 1261. -JUL.... 1 1314. -AUG 1 1375. -SEP. 1 1400. —OCT. a . . I 1451. -NOV | 1540. -DEC | YEAR ENDING— CHANGE FROM PREVIOUS YEAR MILLIONS OF DOLLARS PERCENT J | AS PERCENTAGE OF OUTSTANDING 1 MORTGAGES* COMMITMENTS* 97. -51. -29. -49. 21. 99. 223. 296. 350. 393. 432. 465. 9.7 -4.6 -2.7 -4.4 1.9 9.2 21.5 29.1 34. 1 39.0 42.4 43.3 17. 16. 16. 16. 17. 18. 19. 19. 20. 20. 21. 22. 244. 235. 240. 241249. 258. 271. 278. 287. 288. 293. 307. 1977-JAN 1 —FEB....| — MAR... . | -APR 1 -BAY. i -JUN. . . .) —JUL....| -AUG. . . . | — SEP. . . . ) -OCT.... 1 — NOV. . . . | — DEC. . . . | 1600. 1640. 1737. 1865. 1954. 2101. 2131. 2213. 2299. 2364. 2383. 2460. 505. 593. 673. 793. 832. 923. 870. 899. 924. 964. 932. 920. 46. 1 56.6 63.3 74.0 74.2 78.4 69.0 68.4 67.2 68.9 64.2 59.7 23. 23. 24. 26. 27. 28. 28. 29. 30. 30. 30. 31. 314. 316. 328. 345. 353. 368. 364. 368. 372. 371. 365. 368. 1978-JAN 1 -FEB 1 -MAR....I -APR...-J -MAY .| — JUN. . . . 1 —JO L . . . . | —AUG.... 1 -SEP.... | -OCT 1 -NOV 1 -DEC...a | 2500. 2551. 2603. 2620. 2657. 2654. 2693. 2711. 2729. 2798. 2811. 2748. 900. 911. 866. 755. 703. 553. 562. 498. 430. 434. 428. 288. 56.3 55.5 49.9 40.5 36.0 26.3 26.4 22.5 18.7 18.4 18.0 11.7 31. 31. 31. 31. 31. 30. 30. 30. 30. 30. 30. 29. 364. 364. 363. 356. 354. 349. 346. 342. 339. 343. 344. 333. 1979-JAN 1 -FEB. — . | -MAR 1 -APR 1 -MAY....| -JUN. -1 -JUL J — AUG. . . . I —SEP....| —OCT. . . a | -NOV... a | — DEC. . . . | I 1980-JAN....| -FEB....J — HA R . . . . 1 —APR.a..1 —HAY. . a . I —JUN....| -JUL....# -AUG....1 -SEP. -- - 1 -OCT....1 -NOV 1 -DEC. . . . J 1 1981-JAN | -FEB....| —MAR.... | — APR.... | —MAY....| -JUN...-! —J U L . . . . | —AUG....| -SEP....I —OCT....| -NOV....| —D E C . . . . | 2734. 2790. 2896. 2862. 2876. 2975. 2938. 2938. 2911. 2924. 2942. 2879. 234. 239. 293. 242. 219. 321. 245. 227. 182. 126. 131. 131. 9.4 9.4 11.3 9.2 8.2 12. 1 9. 1 8.4 6.7 4.5 4.7 4.8 28. 28. 29. 28. 28. 29. 28. 27. 27. 27. 26. 25. 326. 327. 336. 331. 328. 333. 327. 324. 317. 316. 312. 301. 2912. 2823. 2653. 2613. 2522. 2298. 2187. 2036. 1912. 1766. 1690. 1667. 178. 33. -243. -249. -354. -677. -751. -902. -999. -1158. -1252. -1212. 6.5 1.2 -8.4 -8.7 -12.3 -22.8 -25.6 -30.7 -34.3 -39.6 -42.6 -42. 1 25. 24. 23. 22. 21. 19. 18. 17. 15. 14. 13. 13. 302. 295. 280. 281. 283. 272. 273268. 267. 259. 26 1. 271. 1568. 1558. 1440. 1345. 1280. 1204. 1286. 1301. 1303. 1287. 1226. 1108. -1344. -1265. -1213. -1268. -1242. -1094. -901. -735. -609. -479. -464. -559. -46.2 -44.8 -45.7 -48.5 -4 9.2 -47.6 -4 1.2 -36. 1 -3 1.9 -27. 1 -27.5 -33.5 12. 12. 11. 10. 10. 9. 10. 10. 10. 10. 9. 8. 270. 282. 275. 265. 254. 236. 250. 255. 262. 269. 272. 264. 1056. 932. 906. 851. 870. 849. 766. 740. 696. 663, 683. 697. -512. -626. -534. -494. -410. -355. -520. -561. -607. -624. -543. -411. -32.7 -40.2 -37. 1 -36.7 -32.0 -29.5 -40.4 -43. 1 -46.6 -48.5 -44.3 -37. 1 8. 7. 7. 7. 7. 6. 6. 6. 5. 5. 5. 5. 268. 249. 252. 250. 273. 290. 282. 287. 282. 277. 288. 295. 681. 712. 709. 762. -375. -220. -197. -89. -35.5 - 2 3.6 -21.7 -10.5 5. 6a 5a 6a 286. 293. 287. 295. 1982-JAN 1 -FEB...-| — MAR. . a . | j —JUN....| -JUL .1 —AUG.... | —SEP. . a . t -OCT 1 -NOV... . | —D E C . . . . | 1 1983-JAN 1 -FEB | —H A R . . . . 1 -APR 1 • AVERAGE AMOUNT OUTSTANDING DURING THE PRECEDING TWELVE MONTHS (AVERAGE OF END-OF-MONTH D A T A ) . 26 TABLE 2 3 2 . I t ! L I F E INSURANCE COMPANIES FARM MORTGAGE COMMITMENTS—OUTSTANDING AND NEW NEW FARM MORTGAGE COMMITMENTS OUTSTANDING FARM MORTGAGE COMMITMENTS PERCENTAGE CHANGE M I L L I O N S OF DOLLARS 1 1 END OF MONTH \ YEAR MONTH YEAR 7. 11. 2. 22. -19. 8. -3. 7. 26. 62. 10, -39. -30. -23. 13. 71. 69. 91. 88. 89. 82. 109. 86. 94. 1.5 2.4 .4 4.6 -3.8 1.7 -. 6 1.4 5-3 1 1.9 1.7 -6.6 —6. 0 -4.6 2.8 16.5 16.7 22.8 22. 1 22.0 18.7 23.0 17.0 20.5 104. 109. 116. 134. 116. 114. 117. 84. 119. 131. 138. 184. 10. 5. 7. 18. -18. -2. 3. -33. 35. 12. 7. 46. 48. -4. 35. 88. 52. 60. 44. 15. 25. 26. 48. 90. 10. 6 4. 8 6. 4 15. 5 -13. 4 -1. 7 2. 6 -28. 2 41. 7 10. 1 5. 3 33. 3 85. 7 -3. 5 43. 2 191. 3 81. 3 111. 1 60. 3 21. 7 26. 6 24. 8 53. 3 95. 7 567. 614. 603. 663. 680. 671. 673. 696. 745. 769. 782768. 14. 47. -11. 60. 17. -9. 2. 23. 49. 24. 13. -14. 101. 137. 124. 162. 198. 181. 186. 202. 225. 187. 190. 215. 2.5 8. 3 -1.8 10.0 2.6 -1.3 .3 3.4 7.0 3.2 1.7 -1.8 21.7 28.7 25.9 32.3 41. 1 36.9 38.2 40.9 43.3 32. 1 32. 1 38.9 176198. 218. 245. 230. 199. 165. 186. 207. 197. 172. 243. -8. 22. 20. 27. -15. —31. -34. 21. 21. -10. -25. 71. 72. 89. 102. 111. 114. 85. 48. 102. 88. 66. 34. 59. -4. 3 12. 5 10. 1 12. 4 —6. 1 -13. 5 -17. 1 12. 7 11. 3 -4. 8 -12. 7 41. 3 69. 2 81. 7 , 87. 9 82. 8 98. 3 74. 6 4 1 . ,0 121.4 73. 9 50. 4 24. 6 32. 1 742. 818. 827. 846. 800. 869. 856. 84 1. 862. 800. 882. 912. -26. 76. 9. 19. -46. 69. -13. -15. 21. -62. 82. 30. 175. 204. 224. 183. 120. 198. 183. 145. 1 17. 31. 100. 144. -3.4 10.2 1. 1 2.3 -5.4 8.6 -1.5 -1.8 2.5 -7.2 10.2 3.4 30.9 33.2 37. 1 27.6 17.6 29.5 27.2 20.8 15.7 4.0 12.8 18.8 203. 264. 271. 230. 216. 271. 175. 193. 184. 161. 208. 228. -40. 61. 7. -41. -14. 55. -96. 18. -9. -23. 4720. 27. 66. 53. -15. — 14. 72. 10. 7. -23. —36. 36. -15. —16. 30. 2. -15. -6. 25. —35. 10. 4. -12. 29. 9. 913. 943. 850. 983. 1010. 942. 937. 974. 948. 1018. 1052. 996. 1. 30. -93. 133. 27. -68. -5. 37. -26. 70. 34. -56. 171. 125. 23. 137. 210. 73. 81. 133. 86. 218. 170. 84. . 1 3.3 -9.9 15.6 2.7 -6.7 -.5 3.9 -2.7 7.4 3.3 -5.3 23.0 15.3 2.8 16.2 26.2 8.4 9.5 15.8 10.0 27.2 19.3 9-2 245. 301. 257. 343. 257. 184. 154. 209. 196. 240. 230. 101. 17. 56. -44. 86. — 86. -73. -30. 55. -13. 44. -10. -129. 833. 809. 665. 525. 453. 415. 424. 468. 536. 601. 644. 587. —163. -24. -144. -140. -72. -38. 9. 44. 68. 6543. -57. -80. -134. -185. -4 58. -557. -527. -513. -506-412. - 4 17. -408. -409. -16.4 -2.9 -17.8 -21. 1 -13.7 -8.4 2.2 10.4 14.5 12. 1 7.2 -8.9 -8.8 -14.2 -21.8 -46.6 -55. 1 -55.9 -54.7 -52.0 -43.5 -41.0 -38.8 -41. 1 86. 161. 127. 45. 26. 53. 71. 121. 131. 180. 144. 88. 502. 464. 483. 482. 521. 469. 361. 328. 300. 271. 271. 279. -85. -38. 19. -1. 39. -52. -108. -33. -28. -29. 8. -331. -345-182. -43. 68. 54. -63. -140. -236. -330. -373. -308. -14.5 -7. 6 4. 1 -.2 8. 1 -10.0 -23.0 -9. 1 -8.5 -9.7 -0 3.0 -39.7 -42.6 -27.4 -8.2 15.0 13.0 -14.9 -29.9 -44.0 -54.9 -57.9 -52.5 268. 280. 247. 225. 210. 219. 200. 193. 211. 238. 267. 301. -11. 12. -33. -22. -15. 9. -19. -7. 18. 27. 29. 34. -234. -184. -236. -257. -311. -250. -161. -135. -89. -33. -4. 22. -3.9 4.5 -11.8 -8.9 -6.7 4.3 -8.7 -3.5 9.3 12.8 12.2 12.7 321. 332. 381. 391. 20. 11. 49. 10. 53. 52. 134. 166. 6.6 3.4 14.8 2.6 —MAR.... 1 — APR. . . . | -MAT... . | —JUN*... | -AUG....| -NOV. . . . | -DEC 1 1 1978—JAN..••| -JUL....| -JUN. | —JUL.... | — AUG. . . . | -SEP | -OCT. . . . I -NOV | -DEC....| i 1980-JAN.... J -FEB | -BAH 1 — AP R . . . . | -HAY. . . . | -JUN.. . . | —JU L . . . . | -AUG 1 -SEP 1 -OCT | -NOV....* -DEC 1 MONTH PERCENTAGE CHANGE FROM PREVIOUS MADE I N | CHANGE FROM PREVIOO s i MONTH | I MONTH 1 1 466. 477. 479. 501. 482. 490. 487. 494. 520. 582. 592. 553. 197 6-JAM | -FEB 1 - M A R . . . .* -APR.. . . | -MAY....# -JUN 1 —JUL.... | -AUG... . | -SEP....| -OCT J -NOV.... | -DEC 1 1 1977-JAN .| -NOV. . . . | -DEC. 1 t 1 9 7 9 - J AM | -FEB.... | —MAR....| CHANGE FROM P R E V I O U S | 1 YEAR 1 MONTH 1 M I L L I O N S OF DOLLARS 1981-JAN 1 —FEB.... | — MAR. . . . | — AP R . . . . 1 -MAY 1 -JUN 1 JUL....| -AUG 1 -SEP | -OCT...- I -NOV.... | -DEC...-J I 1982—JAN....| -FEB | — HA R . . . . | — APR. . . . | —MAY. . . . | -JUN | -JUL.... | -AUG | -SEP....| -OCT 1 -NOV. J -DEC 1 1 1983-JAN....| -FEB 1 MAR*...| -APR....; 5 0 7 1 1 5 4 3 7 5 2 6 15. 3 33. 3 24. 3 -6 . 1 -6. 1 36. 2 6 . ,1 3. 8 -11. 1 -18. 3 20. 9 -6. 2 42. 37. -14. 113. 41. -87. -21. 16. 12. 79. 22. -127. 7. 5 22. 9 -14. 6 33. 5 -25. 1 -28. 4 -16. 3 35. 7 —6. 2 22. 4 —4. 2 -56. 1 20. 7 14. 0 -5. 2 49.1 19.0 -32. 1 -12. 0 8. 3 6. 5 4 9 .. 1 10.6 -55. 7 -15. 75. -34. -82. -19. 27. 18. 50. 10. 49. -36. -56. -159. -140. -130. -298. -231. -131. -83. -88. -65. -60. -86. -13. -14. 9 87. 2 - 2 1 ., 1 -64. 6 -42. 2 103. 8 34. 0 70. 4 8. 3 3 7 .,4 -20. 0 -38. 9 -64. 9 -46. 5 -50.6 —86. 9 -89.9 -71.2 -53. 9 -42.1 -33. 2 -25.0 - 3 7 . ,4 -12.9 63. 98. 104. 131. 101. 68. 23. 51. 29. 26. 44. 61. -25. 35. 6. 27. -30. -33. -45. 28. -22. -3. 18. 17. -23. —63. -23. 86. 75. 15. -48. -70. -102. -154. -100. -27. -28. 4 55. 6 6. 1 26. 0 -22. 9 - 3 2 . ,7 -66.2 121.7 -43. 1 -10.3 69.2 38.6 -26.7 -39.1 -18.1 191.1 288.5 28.3 -67.6 -57.9 -77.9 -85.6 -69.4 -30.7 -46.6 -39.7 -48.9 -53.3 -59.7 -53.3 -44.6 -41.2 -29.7 -12.2 -1.5 7.9 38. 61. 41. 53. 39. 49. 19. 24. 39. 50. 80. 90. -23. 23. -20. 12. -14. 10. -30. 5. 15. 11. 30. 10. -25. -37. -63. -78. -62. -19. -4. -27. 10. 24. 36. 29. - 3 7 ..7 60.5 - 3 2 ..8 29-3 -26.4 25.6 -61-2 26-3 62-5 28.2 60.0 12.5 - 3 9 ..7 -37.8 -60.6 -59.5 -61.4 -27.9 -17.4 -52.9 34.5 92.3 81.8 4 7 .. 5 19.8 18.6 54.3 73.8 66. 78. 102. 107. -24. 12. 24. 5. 28. 17. 61. 54. -26.7 18.2 30.8 4.9 73.7 2 7 .. 9 1 4 8 .. 8 101 . 9 TABLE 2 3 2 . 2 M L I F E INSURANCE COMPANIES FARH MORTGAGE COMMITMENTS—OUTSTANDING AND HE* SEASONALLY-ADJUSTED DATA OUTSTANDING NEW FARH MORTGAGE COMMITMENTS FARM MORTGAGE COMMITMENTS M I L L I O N S OF DOLLARS PERCENTAGE CHANGE FROM PREVIOUS MONTH (SAAR) YEAR MONTH (SAAR) YEAR MADE I N MONTH (SAAR) 482. 473. 486. 498487. 496. 503. 506. 515. 556. 559. 554. 168. -100. 179. 172. -115. 113. 95. 34. 119. 763. 45. -64. -34. -25. 13. 69. 71. 97. 95. 95. 85. 104. 80. 83. 35-8 -20.8 37.9 35.3 -2 3.0 23.2 19. 1 6.8 23.6 148. 1 8. 1 -11.4 -6.6 -5.0 2.7 16. 1 16.9 24.3 23.2 23.0 19.8 23.0 16.7 17.8 1308. 1120. 1175. 1334. 1299. 1502. 1619. 1091. 1557. 1692. 1818. 2225. 130. -188. 54. 159. -35. 203. 117. -529. 466. 135. 126. 407. 1977-JAN 1 -FEB....J -MAR I -APR 1 -MAY....| -JON 1 -JUL....| -AUG 1 -SEP J -OCT.... J -NOV 1 -DEC 1 582. 604. 609. 661. 692. 686. 705. 721. 744. 735. 735. 749. 448. 327. 68. 1005. 497. -76. 268. 221. 339. -105. 186. 99. 131. 123. 162. 205. 190. 201. 215. 229. 179. 176. 195. 81.0 56.3 11.3 165.0 75.3 -11.0 39.1 31.3 47.0 -14.1 -.0 25.3 20.6 27.6 25.4 32.6 42.0 38.2 40.0 42.5 44.5 32.3 31.4 35.3 2216. 2007. 2228. 2439. 2647. 2727. 2369. 2444. 2647. 2469. 2129. 2902. 1978-JAN....1 -FEB....J -MAR.... | —APR....] —MAY..•. | -JUN 1 —JUL....1 -AUG....1 -SEP....| -OCT..-.| -NOV 1 -DEC 1 1 197 9 - J A N 1 -FEB J -MAR 1 -APR.... | -MAY.... 1 -JUN....; -JUL....| — AUG.. . . | — SEP. . . . | 754. 797. 833. 847. 816. 892. 912. 882. 871. 770. 826. 866. 60. 728. 549. 190. -309. 1562. 275. -307. -121. -674. 1020. 635. 172. 194. 224. 187. 124. 206. 208. 161. 126. 34. 91. 117. 8.0 96.6 68.9 22.8 -36.5 191.5 30.8 -33.6 -13.7 -77.4 132.5 76.9 29.6 32. 1 36.8 28.3 17.9 30. 1 29.5 22.3 17.0 4.7 12.3 15.6 917. 909. 851. 993. 1037. 9621016. 1038. 969. 987. 984. 923. 861. -93. -495. 4559. 677. -615. 895. 292. -585. 253. -39. -527. 163. 111. 18. 146. 221. 70. 104. 156. 98. 2 18. 159. 58. 99.4 -10. 1 -54.5 535.6 68.2 -59.3 93.0 28.7 -56.4 26. 1 -3.9 -53-5 823. 776. 661. 534. 466. 422. 467. 506. 555588. 602. 534. -690. -420. —661. -610. -430. -324. 1007. 773. 1012. 564. 179. -457. -94. -133. -190. -4 59. -571. -540. -549. -531. - 4 14. -399. -3 83. -389. 488. 442. 475. 492. 539. 474. 40 2 . 361. 314. 266. 253. 251. -352. -340. 609. 251. 962. -422. -409. -292. -292. -271. -121. -19. 258. 267. 242. 230. 217. 221. 224. 214. 222. 234. 250. 270. 307. 316. 372. 39 9 . I CHANGE FROM PREVIOUS 1 I 1 1976-JAN 1 -FEB | -MAR | -APR * — HA7*« • • | -JUN 1 -JUL I -AUG.. . •) -SEP. 1 —OCT....| -NOV 1 —DEC.... 1 MONTH —DEC....| 1 1 1980—JAN. -MAR ] - D E C . I . 11 1 1 1981—JAN — HA R . . . . | -JUN....] —JUL....| -AUG.... 1 — NOV. . . . i -DEC | 1 1 982—JAN.... | —FEB....| -MAR....J —MAY.* - . ) -JUN.... | -JUL....| -AUG....| -NOV... . | -DEC...-I 1 198 3 - J A N . . . . 1 —MAR....| —APR....| I | 1 PERCENTAGE CHANGE FROM PREVIOUS M I L L I O N S OF DOLLARS | CHANGE FROM P R E V I O U S | | MONTH YEAR 1 MONTH YEAR 576. -52. 370. 879. 592. 803. 621. 222. 305. 289. 624. 1047. 11.0 -14.4 4.9 13.6 -2.6 15.6 7.8 -32.6 42.7 8.7 7.4 22.4 78.6 -4.4 46.0 192.9 83.8 114.9 62.1 25.6 24.4 20.6 52.3 88.8 -8. -210. 221. 212. 208. 80. -358. 75. 203. -178. -340. 773. 908. 886. 1053. 1105. 1348. 1225. 750. 1353. 1090. 777. 311. 677. -.4 -9.5 11-0 9.5 8.5 3.0 -13.1 3-2 8.3 -6.7 -13.8 36.3 69.4 79.1 89.6 82.8 103.8 81.6 46.3 124.1 70.0 45.9 17. 1 30.4 2628. 2656. 2803. 2258. 2502. 3881. 2718. 2505. 2352. 1953. 2398. 2704. -274. 29. 147. -545. 244. 1379. -1163. -213. -153. -399. 445. 307. 411. 650. 576. -181. -145. 1154. 349. 61. -295. -516. 269. -197. -9.4 1. 1 5.5 -19.5 10.8 55.1 -30.0 -7.8 -6. 1 -17.0 22.8 12.8 18.6 32.4 25.8 -7.4 -5.5 42.3 14-7 2-5 -11.1 -20.9 12.6 -6.8 21.6 14.0 2.2 17.2 27. 1 7.8 11.4 17.7 1 1.2 28.3 19.2 6.6 3361. 2937. 2698. 3313. 2975. 2734. 2622. 2631. 2557. 2923. 2482. 1177. 657. -424. -239. 615. -338. -240. -113. 9. -74. 366. -441. -1306. 733. 280. -105. 1055. 473. -1147. -96. 126. 205. 970. 84. -1528. 24.3 -12.6 -8. 1 22.8 -10.2 -8. 1 -4. 1 .4 -2.8 14.3 -15.1 -52.6 27.9 10.5 -3.8 46.7 18.9 -29.5 -3.5 5.0 8.7 49.7 3.5 -56-5 -74.8 -51.0 -85.3 -92.3 -8 0.6 -69.6 238.7 165.5 199.8 101-6 30.4 -75.9 -10.2 -14.7 -22.3 -46.2 -55. 1 -56.2 -54.1 -51-2 -42.7 -40.4 -38.9 -42. 1 1233. 1563. 1341. 421. 298. 812. 1331. 1502. 1767. 2195. 1474. 999. 56. 330. -222. -920. -123. 514. 519. 170. 265. 429. -721. -475. -2128. -1374. -1357. -2892. -2677. -1922. -1290. -1129. -790. -728. -1008. -177. 4.8 26.8 -14.2 -68.6 -29.3 172.9 64.0 12.8 17-6 24.3 -32.9 -32.2 -63.3 -46.8 -50.3 -87.3 -90.0 -70.3 -49.2 -42.9 -30.9 -24.9 -40.6 -15.1 -335. -333. -186. -41. 73. 53. -65. -146. -241. -322. -348. -283. -66.0 -69.6 137.8 52.7 195.3 -78.4 -86.3 -72.8 -81.0 -86-2 -45.4 -7.7 -40.7 -43.0 -28. 1 -7.8 15.7 12.5 -13.9 -28.8 -43.4 -54.8 -57.9 -52.9 938. 945. 1096. 1200. 1153. 1068. 460. 630. 401. 319. 436. 675. —61. 6. 151. 104. -47. -85. -608. 170. -229. -82. 117. 240. -295. -618. -245. 780. 856. 256. -871. -872. -1366. -1876. -1038. -324. -6. 1 .7 16.0 9.5 -3.9 -7.4 -56.9 36*9 -36.4 -20.4 36.6 55.0 -23.9 -39.5 -18.2 185.3 287.6 31.5 -65.4 -58.1 -77.3 -85.5 -70.4 -32.4 84. 137. -186. -109. -111. 45. 45. -98. 116. 202. 271. 397. -231. -175. -234. -263. -321. -253. -177. -147. -92. -32. -4. 19. 33-4 S3. 2 -6 9.7 -45.2 -48.5 20.9 20.3 -43.7 54.3 91.2 115.8 159.2 -47.3 -39.6 -49.2 -53.3 -59.6 -53.4 -44.2 -40.7 -29.4 -12.1 -1.4 7.4 576. 602. 430. 476. 443. 780. 394. 296. 545. 614. 784. 979. -99. 25. -172. 46. -32. 336. -385. -99. 249. 70. 169. 195. -362. -343. -667. -725. -710. -288. —66. -334. 144. 296. 348. 304. -14.7 4.4 -28.6 10.8 -6.8 75.8 -49.4 -25.0 84.2 12.8 27.6 24.9 -38.6 -36.3 -60.8 -60-4 -61.6 -27.0 -14.3 -53. 1 36.0 92.7 79.9 45.0 997. 128. 1881. 501- 50. 49. 130. 169. 369.1 41.7 594.6 134.8 19.3 18.5 53.9 73-7 1014. 778. 1064. 955. 35. -236. 287. -110. 437. 176. 635. 479. 3.5 -23.3 36.9 -10.3 75.9 29.3 147.7 100.7 2 8 TABLE 2 3 2 . 3 M L I F E INSURANCE COMPANIES NEW FARM MORTGAGE COMMITMENTS TWELVE-MONTH MOVING TOTAL I TEAR ENDING— 1 1 MILLIONS | I OF |_ I DOLLARS | I _ J I I L CHANGE FROM PREVIOUS YEAR MILLIONS OF DOLLARS AS PERCENTAGE OF OUTSTANDING "MORTGAGES* I | COMMITMENTS* | L MORTGAGES ACQUIRED TAKEDOWNS OF COMMITMENTS 15. 15. 15. 17. 17. 18. 19. 19. 19. 19. 20. 21. 220. 220. 229. 248. 257. 267. 272. 271. 272. 273. 278. 292. 90. 94. 96. 103. 103. 103. too. 97. 95. 95. 95. 95. 115. 117. 121. 128. 128. 128. 126. 125. 125. 126. 122. 122. 1976-JAN. . . .1 -FEB.... f -MAR..•-1 -APR I -MAT...- J -JUN....I JU L. . . a | - AUG....1 -SEP.... | -OCT 1 -NOV 1 -DEC....J 987. 983. 1018. 1106. 1158. 1218. 1262. 1277. 1302. 1328. 1376. 1466. -81. -54. 4. 163. 363. 459. 503. 537. 522. 488. 497. 527. -7.6 -5.2 .4 17.3 45.7 60.5 66.3 72.6 66.9 58.1 56.5 56.1 1977-JAN 1 -FEB 1 —MAR.... 1 -APR | -MAT....| —JU N. . . . | -JUL....| — AU G . . . . | -SEP. . . . I —OCT. . . . | -NOV 1 -DEC. | 1538. 1627. 1729. 1840. 1954. 2039. 2087. 2189. 2277. 2343. 2377. 2436. 551. 644. 711. 734. 796. 821. 825. 912. 975. 1015. 1001. 970. 55.8 65.5 69.8 66.4 68.7 67.4 65.4 71.4 74.9 76.4 72.7 66.2 2223. 24. 25. 27. 28. 28. 29. 30. 30. 30. 30. 301. 314. 326. 340. 353. 357. 356. 364. 369. 368. 364. 365. 96. 99. 100. 99. 100. 97. 98. 99. 99. 99. 100. 99. 121. 125. 123. 125. 125. 123. 123. 123. 124. 121. 122. 124. 1978-JAN...-| -FEB....! —MAR....| - APR 1 -MAY....I —JUN....| -JUL .| —AUG...•1 -SEP I —OCT.... | -NOV 1 -DEC 1 2463. 2529. 2582. 2567. 2553. 2625. 2635. 2642. 2619. 2583. 2619. 2604. 925. 902. 853. 727. 599. 586. 548. 453. 342. 240. 242. 168. 60. 1 55.4 49.3 39.5 30.7 28.7 26.3 20.7 15.0 10.2 10.2 6.9 30. 31. 31. 30. 30. 30. 30. 29. 29. 28. 28. 27. 359. 361. 360. 349. 340. 345. 339. 333. 325. 317. 320. 315. 99. 99. 99. 98. 96. 99. 98. 97. 96. 92. 93. 95. 121. 121. 122. 119. 116. 120. 119. 118. 116. 112. 115. 115. 1979-JAN 1 -FEB 1 —MAR. -APR I —MAY....| -JUI 1 -JUL | —AUG.-•• 1 -SEP | OCT. . . . | — NOV. . . . | -DEC.. 2646. 2683. 2669. 2782. 2823. 2736. 2715. 2731. 2743. 2822. 2844. 2717. 183. 154. 87. 215. 270. 111. 80. 89. 124. 239. 225. 113. 7.4 6.1 3.4 8.4 10.6 4.2 3-0 3.4 4.7 9.3 8.6 4.3 27. 27. 2727. 27. 26. 26. 25. 25. 26. 25. 24. 316. 315. 309. 322. 322. 306. 302. 301. 299. 305. 302. 284. 97. 96. 92. 97. 98. 92. 9293. 94. 97. 97. 94. 116. 114. 110. 115. 118. 113. 113. 116. 114. 121. 118. 115. 1980-JAN....] -FEB....J —MAR....I -APR.... I -MAY 1 -JUN 1 -JUL.... 1 — AUG. . . . | -SEP....1 —OCT....| -NOV I —D E C . . . . | 2558. 2418. 2288. 1990. 1759. 1628. 1545. 1457. 1392. 1332. 1246. 1233. -88. -265. -381. -792. -1064. -1108. -1170. -1274. -1351. -1490. -1598. -1484. -3.3 -9.9 -14.3 -28.5 -37.7 -40.5 -43.1 -46.6 -49.3 -52.8 -56.2 -54.6 22. 21. 20. 17. 15. 13. 13. 12. 11. 11. 10. 10. 265. 253. 242. 214. 197. 192. 193. 192. 194. 195. 192. 201. 88. 86. 86. 7670. 71. 71. 72. 73. 75. 74. 74. 109. 107. 105. 92. 86. 86. 86. 85. 89. 87. 87. 87. 1981-JAN. . . . | -FEB. . . . | —MAR. . . . 1 — APR. . . . | — MAY. . . . | -JUN....| -JUI | -AUG-...1 SEP. . . . 1 -OCT.... | -NOV 1 -DEC. 1 1210. 1147. 1 124. 1210. 1285. 1300. 1252. 1182. 1080. 926. 826. 799. -1348. -1271. -1164. -780. -474. -328. -293. -275. -312. -406. -420. -434. -52.7 -52.6 -50.9 -39.2 -26.9 -20.1 -19.0 -18.9 -22.4 -30.5 -33.7 -35.2 10. 9. 9. 9. 10. 10. 10. 9. 8. 7. 6. 6. 209. 208. 215. 238. 254. 255. 243. 232. 217. 194. 183. 190. 77. 74. 78. 90. 100. 108. 97. 91. 83. 72. 67. 72. 91. 90. 100. 115. 127. 126. 114. 105. 97. 87. 81. 86. 1 9 8 2 - J AN 1 -FEB 1 -MAR.... | -APR 1 -MAY 1 -JUN. | -JUL | —AU G. . . . | -SEP 1 -OCT. . . . | —NOV....1 -DEC 1 774. 737. 674. 596. 534. 515. 511. 484. 494. 518. 554. 583. -436. -410. -450. -614. -751. -785. -741. -698. -586. -408. -272. -216. -36.0 -35.7 —40. 0 -50.7 -58.4 -60.4 -59.2 -59.1 -54.3 -44.1 -32.9 -27.0 6. 6. 5. 5. 4. 4. 4. 4. 4. 4. 4. 4. 196. 197. 188. 175. 168. 176. 188. 187. 200. 216. 234. 247. 73. 79. 74. 70. 61. 61. 67. 65. 71. 78. 81. 84. 91. 97. 90. 83. 75. 79. 89. 92. 101. 111. 118. 122. 1983-JAN I —F E B . . . . | -MAR. . . . 1 -APR I 611. 628. 689. 743. -163. -109. 15. 147. -21.1 -14.8 2.2 24.7 5. 5. 5. 6. 256. 259. 279. 288. 90. 88. 97. 98. 130. 124. 141. 145. * AVERAGE AMOUNT OUTSTANDING DURING THE PRECEDING TWELVE MONTHS (AVERAGE OF END—OF-HONTH D A T A ) . "TAKEDOWNS OF COMMITMENTS" ARB COMPUTED AS NEW COMMITMENTS L E S S CANCELLED COMMITMENTS L E S S THE CHANGE I N COMMITMENTS OUTSTANDING. AGRICULTURAL 300 FINANCE AGRICULTURAL 301 FARM 301.1 302 FOR BANKING ON OF FROM FEDERAL RESERVE AVERAGE DAILY DESIGN OF BORROWING AT THE THE AND THE SEASONAL 30 BANKS BORROWING FEDERAL RESERVE BY E M A N U E L M E L I C H A R , I N FUTURE SOURCES OF F E D E R A L R E S E R V E BANK BORROWING PRIVILEGE FOR WHICH POTENTIAL AND ACTUAL FEDERAL SEASONAL 31 ALSO ANALYSES OF I T S FOLLOWING A R T I C L E S : RESERVE DISCOUNT BY E M A N U E L M E L I C H A R A N D H A R R I E T H O L D E R N E S S , AGRICULTURAL FINANCE R E V I E W . OCTOBER 1974, PP. "THE 1983 YEAR AND DATA ARE SHOWN I N S E C T I O N 3 0 2 , U S E BY A G R I C U L T U R A L B A N K S , SEE "SEASONAL PREVIOUS FROM BANKS THE JUNE LOANS CHANGE BORROWING NUMBER INFORMATION AND SERIES DATA NON-REAL-ESTATE AMOUNT SEASONAL 302. 1 DATABOOK—MONTHLY BORROWING WINDOW," 4 2 - 5 1 ; PRIVILEGE," L O A N A B L E F U N D S FOR A G R I C U L T U R A L B A N K S . OF KANSAS C I T Y , 1980, PP. 1 11-132. 30 TABLE 301.1M FARM RON-REAL-ESTATE LOANS FROM 1 ALL COMMERCIAL BANKS | ( B I L L I O N S OF DOLLARS) | LARGE | BANKS |(MILLIONS 1 OF _J DOLLARS) END O F MONTH 1976-JAN... -FEB... -MAR... -APR... -MAY... -JON... - JUL. . . I . 1 -AUG... -SEP... -OCT... -NOV... -DEC... I | J 3141. 3128. 3192. 3234. 3370. 3568. 3564. 3553. 3541. 3553. 3513. 3579. 23.2 DATA ARE 3. 1 3.2 **• 3.4 *** «*• 3.5 •*» 3.4 3.4 $** 3.3 2.5 379. 346. 383. 436. 431. 368. 407. 398. 443. 424. 394. 349. 26.7 27.6 28.3 28. 1 2-5 29.5 30.8 30.8 31.6 31.0 31.6 31.7 33.2 3 3.0 32.9 FOR 32.9 33.6 2.5 2.7 2.8 2.8 2.8 *** 2.7 2. 8 2.8 2.4 *** 33.0 1.3 . 8 *** . 8 . 5 .6 *•* 2. 1 2. 1 2.0 1.9 1. 3 1.3 381. 404. 618. 34.1 33.3 35.8 35.4 37.0 36.4 36.4 1.9 36.2 2.6 3.5 3.4 3.3 619. 576. 6 10. 2.0 2.6 415. 461. 445. 534. 521. 593. 3.3 571. 608. 3.2 *** *** 714. 3 7.4 36.5 800. 678. 703. ABOUT 170 MILLION OR COMMERCIAL MORE AS OF BANKS THAT DECEMBER REPORT 31, B A N K S A R E FROM C A L L R E P O R T S ESTIMATED). P R I O R TO 1 9 7 6 , ASSETS 3.2 AND 16.3 15.2 15-1 15.8 16. 1 15.6 15.7 14.8 14.6 10.8 10.7 7 . 5 7.7 5.4 5. 4 6.8 6.7 9 . 6 9.6 10.4 10.5 10.3 10.3 9.8 9.8 10.0 10.0 8 . 5 8.4 4 . 3 4.3 2 . 5 2.5 1.7 1.8 2.8 2.7 J 4. 1 4.7 8.2 8.9 8.0 6.4 9.6 10.5 .9 . 9 »*• 8.4 9.1 6.3 1 1.6 14.6 14.7 10.9 1 1. 1 10.2 1 1.0 7.7 5 . 5 7.1 7.5 11.6 7.4 8.0 7.5 8.9 8.7 9.9 10.3 10.7 10.1 10.0 10.5 12. 1 13.3 10.9 11.1 LIABILITIES BANKS SEASONALLY ADJUSTED 10. 1 11.0 9.0 7.7 2.4 1.3 »*» COMMERCIAL ACTUAL 16.3 — — 16.5 17.6 17.1 16.2 15. 1 1H.2 13.8 11.3 12.5 10.8 10.0 8.4 2.7 413. 446. 316. 580. 733. 756. 588. 598. 555. 583. 415. 298. 32. 1 31.4 1.7 2.5 452. 488. 4 12. 359. 198. 231. 4 06. 440. 402. 320. 470. 515. 31.3 31.1 1* 8 ALL 9.0 8.7 9.3 9.0 10.4 9.3 10.2 12.3 12.0 13.5 13.9 14.8 1.4 605. 503. 557. 489. 444. 378. 3 1.2 30.5 1.4 *$* 1_ 1 12.1 11. 1 12.0 13.5 12.8 10.3 11.4 11.2 12.5 1 1.9 11.2 9-8 1.9 612. 30.3 31.0 1.8 *** 633. 664. 670. 648. 635. 2 8.9 29.8 $750 317. 302. 332. 332. 394. 367. 405. 485. 480. 535. 545. 583. 26. 1 D A T A SHOWN F O R A L L C O M M E R C I A L (DATA FOR U N I N S U R E D BANKS ARE 3. 1 3. 1 -61. 28.2 021. 001. 896. 889. OF 3. 1 »** | LARGE BANKS - 1 2 . 7 - 1 0 . 6 - 5 . 8 - 5 . 6 - . 8 3.2 .4 - . 8 - 2 . 5 - 1 . 2 - 1 . 0 - 1 . 7 *** . . . . . - 9 0 . -44. - 3 4 . 28. 1 6287. 6386. 6637. 6804. 6900. 7050. ASSETS 8 0 8 1 7 15. 27.0 5716. 5778. 5923. 6004. 6222. 6347. 6509. 6498. 6571. 6514. 6400. 6278. LARGE-BANK 25.8 5 7 9 9 2 1 10. 25.5 1982-JAN.. -FEB.. -MAR. -APR. -MAY. -JUN.. - J U L . . -AUG.. -SEP. -OCT.. -NOV.. -DEC.. DOMESTIC 25.8 25.7 -OCT. . -NOV.. -DEC.. 198 3 - J A N . . -FEB.. -MAR.. -APR.. -MAY.. -JUN.. 25.4 26.3 5 7 6 1. 5902. 5975. 5977. 5978. 5904. 5781. 5702. .I . Hi 24.3 25.6 •*I I . I 44 99 22 28 .. . • • I 45 90 80 99 .. ••I 5028. - M A Y . . ..1 - J U N . . .I . 5 1 4 67 .. - J U L . . -1 . 538 - A U G . . • • 15 3 7 9 . - S E P . . • • I5 4 2 3 . - O C T . . • • I5 3 2 1 . 5366. -NOV.. ..I - D E C . . • * 15 4 0 4 . I 198 1 - J A N . . -1 . 5 33 37 54 . - F E B . . .I . 55 3 0 5 .. - M A R . . .I . 5589. .I - 23.3 23.7 1 980-JAN. « -FEB.. ..I -HAH.. -APR.. -APR.. -MAY.. --1 -JUN.. -JUL., -AUG.. -SEP.. 22.5 4 3 1 1 - SEASONALLY ADJUSTED, ACTUAL -28. 4436. 4464. 5 5 4 4 21.9 22.9 .I 4 54 15 22 .. . .I 44 5 1 1 . . .I . I 1 9 7 9 - J A N . . -1 . 4470. - F E B . . -I - 4 4 4 0 .. - M A R . - • * 14 5 7 7 4650. -APR.. -MAY.. i 4 8 3 0 . .. 4915. - J U N . . ..i — J U L . . • • I4 9 8 1 . 4939. -AUG.. -SEP.. . . i -OCT.. .-i -NOV.. -DEC.. 20.9 22.2 - BANKS P E R C E N T A G E CHANGE " F R O M P R E V I O U S YEAR YEAR *T.T. C O M M E R C I A L B A N K S | ( B I L L I O N S OF DOLLARS) | SEASONALLY a d j u s t e d . COMMERCIAL 1 1 ACTUAL 20.5 . 1 I 1977-JAM... . 1 3 5 2 04 .. -FEB... • I 347 -MAR... • I 3575. -APR... I 3670. -MAT... . I 3801. - JUN. .. I 33 9 3 6 .. -JUL.., I 971 - A U G . . . .I . 3 99 58 14 . -SEP.. - 3 9 7 7 .. I 3 -OCT.. • • I 9 -NOV... . 1 33 9 0 7 .. 28 -DEC.. . 1 I 3837. 1978-JAN.. - 3776. I -FEB.. - I 3907. - M A R . . .I . -APR.. » I 4002. • 4 195. -MAY.. ..I - J U N . . .I . 4 33 07 36 .. - J U L . . > * I4 -AUG.. ..I -SEP.. ..I -OCT.. -NO V . . -DEC.. LARGE BANKS AT PREVIOUS WEEKLY. **** 6 . 8 **$* 6.8 6.2 6.2 4. 1 4.2 6 . 2 6. 1 7.8 7.8 10.1 10.3 10.0 10. 1 9 . 5 9 . 5 THESE BANKS HAD 1977. A V A I L A B L E FOR MARCH, J U N E , SEPTEMBER, AND D E C E M B E R R E P O R T S A R E A V A I L A B L E F O R J U N E AND D E C E M B E R O N L Y . TABLE 3 0 2 . lfl COMMERCIAL MONTH 1 1 1— 1 1 TOTAL 1 # 1 1 1 9 7 6 - J AN | -FEB | -MAR | -APR | -MAT | -JON.... | -JUL. . . . 1 —AUG.... | -SEP.... 1 -OCT. | -NOV. . . . J —DEC....| BANK BORROWING UNDER S E A S O N A L BORROWING P R I V I L E G E WEEK ENDING ON L A S T WEDNESDAY O f "10NTS NUMBER O F BANKS |DEPOSIT I ! 1 U P TO *100 MILLION SIZE 1 AVERAGE D A I L Y SEASONAL BORROWING I (THOUSANDS O F DOLLARS) OF BANK | OVER | $100 1 MILLION I TOTAL 1 D E P O S I T S I Z E ! O F BANK 1 I UP TO | OVER *100 1 *100 1 1 MILLION t MILLION 7. 10. 17. 20. 21. 42. 38. *0. 49. 40. 31. 19. 7. 10. 17. 20. 21. 41. 37. 39. 48. 38. 31. 19. 0. 0. 0. 0. 0. 1. 1. 1. 1. 2. 0. 0. 1 1 I 1 I | 1 I | 1 | | 8267. 8233. 9605. 11153. 11637. 27898. 25957. 23354. 33618. 33297. 27215. 9970. 8267. 8233. 9605. 11153. 11637. 25898. 20243. 17354. 29618. 29154. 27215. 9970. 0. 0. 0. 0. 0. 2000. 5714. 6000. 4000. 4143. 0. 0. -JON | -JUL. . . . | -ADG | -SEP. . . . | -OCT. | -NOV 1 - D E C . . . -1 8. 10. 17. 21. 45. 59. 63. 99. 92. 81. 53. 34. 8. 10. 17. 21. 44. 55. 59. 89. 83. 74. 45. 31. 0. 0. 0. 0. 1. A. 4. 10. 9. 7. 8. 3. 1 I J I I I 1 1 | I | | 8113. 11353. 14161. 15030. 34503. 70158. 68701. 130235. 115456. 116094. 742 88. 52761. 8113. 11353. 14161. 15030. 32503. 45658. 48508. 80936. 73456. 74794. 41488. 34461. 0. 0. 0. 0. 2000. 24500. 20193. 49299. 42000. 41300. 32800. 18300. 1978-JAN | -FEB.. . . | -MAR 1 -APR J -MAY. J —JO V . . . . | -JOI | -AOG 1 -SEP. . . . | -OCT 1 -NOV....* —DEC....| 23. 31. 51. 43. 93. 109. 128. 161. 160. 159. 117. 76. 23. 31. 49. 42. 85. 100. 122. 150. 147. 144. 102. 69. 0. 0. 2. 1. 8. 9. 6. 11. 13. 15. 15. 7. | t | | 1 I 1 | | | I I 35588. 52858. 51892. 49400. 114954. 133794. 150938. 206810. 204226. 235448. 180107. 131159. 35588. 52858. 50535. 44686. 88968. 101623. 119581. 158153. 156046. 158958. 105834. 87763. 0. 0. 1357. 4714. 25986. 32171. 31357. 48657. 48180. 76490. 74273. 43396. 1979-JAN 1 -FEB....| —MAR....| -APR..--| -MAY.... | -JON. . . . | —JUL....| -AOG 1 —SEP. . . . | -OCT.... 1 -NOV 1 -DEC | 62. 82. 100. 114. 164. 177. 156. 165. 158. 155. 107. 63. 56. 74. 92. 106. 148. 163. 143. 156. 147. 143. 101. 58. 6. 8. 8. 8. 16. 14. 13. 9. 11. 12. 6. 5. | 112467. | 123199. | 134302. | 141221. 1 217666. | 195382. 1 166925. | 185863. | 180358. | 185185. | 135023. | 81172. 78597. 95949. 100166. 106178. 142576. 143859. 126754. 147963. 108602. 133947. 101323. 60557. 33870. 27250. 34136. 35043. 75090. 51523. 40171. 37900. 71756. 51238. 33700. 20615. 1980-JAN 1 —FEB.... | — MAR* . . . | -APR.... | -NAY. . . . ! —JOI.... I —JUL.... I -AOG.... | —SEP.... | —OCT.... | -NOV 1 -DEC 1 52. 70. 115. 131. 52. 19. 15. 16. 38. 55. 66. 70. 45. 63. 102. 118. 50. 19. 15. 15. 37. 48. 57. 63. 7. 7. 13. 13. 2. 0. 0. 1. 1. 7. 9. 7. | 1 I | | 1 1 | 1 1 | | 96566. 1020 39. 176657. 170594. 29146. 8806. 7615. 10520. 30925. 87339. 111483. 114164. 43494. 67310. 101015. 102680. 28325. 8806. 7615. 8520. 26925. 53929. 67754. 78936. 53072. 34729. 75642. 67914. 821. 0. 0. 2000. 4000. 33410. 43729. 35228. 1981-JAN 1 -FEB... . 1 -MAR-...| -APR....| 57. 86. 121. 114. 181. 201. 198. 206. 186. 145. 85. 48. 50. 77. 103. 101. 162. 180. 184. 187. 169. 131. 76. 41. 7. 9. 18. 13. 19. 21. 14. 19. 17. 14. 9. 7. 1 | | | J | 1 | | | 1 | 130984. 1553 97. 194120. 174543. 308510. 305707. 256288. 243916. 241704. 180667. 73273. 77654. 95970. 103140. 118747. 103514. 193222. 195956. 195946. 180558. 174135. 129969. 60943. 53748. 35014. 52257. 75373. 71029. 115288. 109751. 60342. 63358. 67569. 50698. 12330. 23906. 57. 89. 123. 137. 172. 220. 173. 110. 109. 79. 54. 32. 50. 78. 110. 122. 156. 202. 160. 107. 102. 75. 50. 30. 7. 11. 13. 15. 16. 18. 13. 3. 7. 4. 4. 2. I | | 1 | 1 | | | | 1 | 99186. 150737. 199836. 181921. 259447. 266749. 187054. 94855. 116542. 90293. 45898. 36003. 68279. 107809. 134887. 129102. 181682. 198526. 152354. 87355. 93527. 74607. 37769. 27003. 30907. 42928. 64949. 52819. 77765. 68223. 34700. 7500. 23015. 15686. 8129. 9000. 30. 35. 62. 75. 101. 137. 28. 34. 58. 71. 95. 128. 2. 1. 4. 4. 6. 9. | | | | | | 34133. 43750. 64773. 90203. 104625. 144223. 26133. 39750. 57888. 83078. 96811. 115341. 8000. 4000. 6885. 7125. 7814. 28882. 1977-JAN 1 —F E B . . . . | -MAR....| - APR.... J —JON....| —JUL. . . . | -AUG....| -SEP. . . . J -OCT.... | -NOV | -DEC 1 1982-JAN....I -FEB. . . . I — HA R . . . . | - M l " " ! -JU # . . . . ! -JUL.... | -AUG. . . . | 1 -DEC 1 1983-JAN.... I -MAR.... | — H i Y* • • • | "JO 8*•••1 - - i - THE S E A S O N A L BORROWING P R I V I L E G E WAS IMPLEMENTED ON A P R I L 1 9 , 1 9 7 3 . D E P O S I T S I Z E C L A S S I F I C A T I O N I S BASED ON AVERAGE D E P O S I T S I N 1 9 7 2 . FOR A D D I T I O N A L I N F O R M A T I O N , S E E NOTE ON PAGE 2 9 . Average interest rates on business and farm borrowings E f f e c t i v e r a t e s on bank loans, U.S., f i r s t week of second month of quarter Business loans Prime rate, large banks Average, all banks 1977-81 -92 -03 -04 6.35 6.35 6.86 7.90 7.6 7.6 7.9 1978-61 -82 -03 -04 8.16 8.16 8.9 8.6 9.1 Non-real-estate farm loans Stated nominal r a t e s , f i r s t day of quarter Prime rate, large banks Other banks All banks 8.3 8.1 8.4 9.1 8.9 8.9 8.9 6.25 9.0 8.8 8.7 8.7 9.1 9.3 9.6 9.1 9.2 7.75 8.00 9.3 Average of most common farm loan r a t e s at banks surveyed q u a r t e r l y in s p e c i f i e d F.R. D i s t r i c t s 6.25 6.75 7.25 Feeder c a t t l e loans Other operating loans Chicago Kansas Dallas City Large banks 9.2 8.7 8.7 8.7 8.8 8.8 8.9 10.0 11.4 10.4 11.7 9.3 10.0 9.6 10.4 9.00 9.75 9.1 9.4 12.2 12.3 12.3 15.8 12.5 12.8 12.9 16.2 10.4 10.7 10.9 13.1 11.0 11.75 11.75 11.50 13.50 10.1 10.5 -03 -04 12.09 12.09 12.09 16.39 1980-01 -82 -83 -04 16.39 18.81 11.30 15.56 15.7 17.8 11.6 15.6 16.0 18.5 12.8 16.3 13.7 17.1 13.7 15.3 14.1 17.4 13.5 15.25 19.50 12.00 13.50 1981-01 -82 -03 -04 20.56 19.90 19.3 19.9 19.9 17.9 21.55 18.54 21.0 17.4 19.5 20.8 18.9 17.5 17.5 19.1 18.7 1982-81 -92 -03 -04 17.02 17.18 15.56 12.36 17.1 17.1 18.0 17.9 13.5 11.4 15.6 13.3 17.5 17.7 17.5 15.5 1983-01 11.30 10.78 10,3 12.5 10.5 12.0 14.2 14.0 -82 -83 Notes: 11.2 11.3 13.6 Farm Credit System Production Federal credit land assns. banks Chicago Hinne- Kansas Dallas a p o l i s City 9.20 10.78 1979-01 -82 (percent) 8.2 8.1 7.9 8.5 8.4 8.3 9.3 8.0 8.3 9.0 9.4 8.4 8.2 9.1 9.4 8.7 8.3 9.2 9.4 9.5 9.7 9.0 9.2 8.3 8.4 10.2 10.4 9.9 10.3 10.1 10.2 8.7 9.0 10.8 11.1 11.6 10.3 11.3 10.0 10.6 10.9 9.3 9.2 8.9 9.2 9.0 9.2 9.4 9.5 10.2 10.5 10.9 11.7 11.8 9.3 9.3 9.3 9.3 3.8 8.8 8.9 8.9 9.4 8.9 9.1 9.3 9.4 9.5 9.7 9.2 9.5 10.1 10.2 9.9 10.2 10.4 9.2 9.2 8.9 9.0 9.0 9.0 8.8 8.8 8.8 8.8 8.9 9.1 9.2 9.2 11.0 9.3 9.3 13.0 15.8 13.2 12.1 13.7 13.3 9.8 10.6 10.6 13.3 12.0 10.3 11.5 10.3 11.4 13.5 17.1 14.0 13.0 16.5 14.0 13.1 16.2 13.2 13.6 17.1 14.0 13.6 16.4 15.3 14.3 14.0 13.3 14.3 14.0 13.1 16.5 14.1 14.1 21.50 17.50 20.00 19.50 17.3 16.5 17.7 18.6 16.9 18.6 17.4 16.3 17.4 18.1 17.6 19.2 19.7 16.5 17.8 18.6 17.6 17.0 18.0 18.9 17.1 16.3 17.4 18.1 18.4 17.4 19.0 19.4 12.9 14.2 15.1 15.8 10.6 10.9 17.7 17.8 16.8 14.8 15.75 16.50 16.9 17.3 16.50 13.50 17.2 15.6 16.6 16.9 16.9 15.4 17.3 17.6 17.5 15.6 17.0 17.3 17.2 15.6 17.2 17.4 17.4 16.3 16.6 16.9 16.9 15.5 17.5 17.4 17.6 15.7 15.3 14.9 14.5 13.8 12.1 12.2 12.4 12.4 13.8 11.50 10.50 10.50 14.4 13.7 14.3 14.1 14.4 15.0 14.4 14.1 12.9 11.9 13.9 13.3 13.7 14.2 14.0 13.4 12.0 11.8 11.7 15.5 17.9 19.6 13.8 13.3 10.8 11.7 11.4 11.7 E f f e c t i v e prime r a t e i s c a l c u l a t e d by assuming a loan maturity of six months with a l l i n t e r e s t paid at m a t u r i t y . E f f e c t i v e loan r a t e s are a dollar-weighted average of e f f e c t i v e r a t e s on loans of $1,000 or more made in the week i n d i c a t e d . Additional data from t h i s q u a r t e r l y survey of bank lending are published in S t a t i s t i c a l Releases E.2 (Survey of Terms of Bank Lending) and E.15 (Agricultural Finance Databook—Quarterly S e r i e s ) , Federal Reserve Board, Washington, D.C. 20551. "Large banks" (survey s t r a t a 1-3) correspond roughly to banks with over $400 million in t o t a l a s s e t s as of December 1982. The types of banks included in q u a r t e r l y a g r i c u l t u r a l c r e d i t c o n d i t i o n s surveys conducted by Federal Reserve Banks v a r i e s among F.R. D i s t r i c t s , and so t h e r a t e s shown are not s t r i c t l y comparable. See page 58 of the Databook c i t e d above. Farm Credit System r a t e s are unweighted averages of quoted r a t e s , net a d j u s t e d for required stock purchases and loan f e e s . 3 3 Percentage changes in deposits and loans at agricultural banks from beginning of year to date shown Last Wednesday of month ! ! ! Time and savings d e p o s i t s Total loans Total d e p o s i t s 1979 1980 1981 1982 1983 1 -1 -1 0 -1 -1 1 3 0 0 0 0 -1 0 3 3 1 0 0 2 1 -2 2 3 3 3 2 3 2 0 -1 2 4 6 4 4 9 0 -1 2 5 6 4 6 14 11 1 0 2 5 7 5 7 9 15 11 1 1 3 5 7 5 7 na 11 16 12 na 2 4 6 na 6 9 October na 12 18 14 na 5 5 7 na 0 6 9 November.... ne na 20 15 na na 7 9 na na 5 8 December.... na na 20 16 na na 9 11 na na 6 8 1979 1980 1981 1982 1983 1979 1980 1981 1982 January 1 2 6 2 4 -3 -3 0 0 February.... 2 3 8 3 6 -2 -2 0 March 3 4 10 6 7 -3 -2 April 4 6 11 6 8 -1 fay 5 7 12 8 June 6 7 13 July 7 9 August...... 8 September... na 1983 No e s t i m a t e was made. Notes: Data shown are e s t i m a t e s f o r insured commercial banks at which farm loans were 25 percent or mere of t o t a l loans at t h e beginning of the year (for 1982 and 1983 e s t i m a t e s , at the beginning of 1981). Estimates are based on experience at banks t h a t report d e p o s i t s and loans weekly. Time and savings d e p o s i t s include ATS and N W accounts as well as a l l c e r t i f i c a t e s of d e p o s i t . O