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Monthly R eview FEDERAL RESERVE BANK OF NEW YORK Index for the Year 1960 Guide to Page Numbers Month of issue Pages January ............ 1 — 16 February ......... 17 — 36 March .............. 37 — 56 Month of issue Pages April ............. 5 7 — 76 M a y ................ 77 — 92 J u n e ................ 93 — 116 Month of issue Pages July .............. 117— 136 A ugu st......... 137 — 152 S eptem ber... 153 — 168 M onth of issue Pages October ....... 169 — 188 November .... 189 — 204 December .... 205 — 220 Page Balance of Payments The French stabilization program Germany’s balance-of-payments surplus See also Foreign Trade 11 206 50 Consumer Credit, The Behavior of Bank Holding Companies New York State’s “Omnibus Banking Law” 94 Bank Mergers New York State’s “Omnibus Banking Law” 94 Bond Market See also Securities and Securities Markets 63,126 Branch Banking New York State’s “Omnibus Banking Law” 94 Britain Changes in British financial policies The London gold market Debt policy and monetary control in Britain See also International Developments 86 131 170 Business Situation Monthly article 2, 18, 39,58, 79, 110, 129, 138, 163, 183, 190,211 The behavior of consumer credit 50 See also Business Trends Abroad, Commodities, Credit, Employment, Investments, Loans, Prices Business Trends Abroad See also Business Situation 44, 104, 160, 216 Capital Spending See also Business Situation 3, 60, 140, 185 Check Handling, Electronic 143 Commercial Banks Commercial bank credit developments 4, 61, 123, 176, 214 New York State’s “Omnibus Banking Law” 94 Electronic check handling 143 See also Member Banks, Monetary Trends and Policies Abroad, Money Market Commodities See also Business Situation, Foreign Trade, International Developments Common Markets in Latin America New moves in international economic cooperation The emerging common markets in Latin America 41, 185 Construction See also Business Situation 65,89 25 154 Continental Dollar Market The market for dollar deposits in Europe 197 89 Cotton Export Program, United States Credit Commercial bank credit developments The behavior of consumer credit See also Business Situation, Money Market 4,61, 123, 176,214 50 Debt The behavior of consumer credit Debt policy and monetary control in Britain See also Money Market, Securities and Securities Markets Deposits Time and savings deposits at member banks The market for dollar deposits in Europe See also Money Market 50 170 118 197 Discount Rates See Monetary Trends and Policies Abroad, Money Market Dollar Progress in dollar-import liberalization The market for dollar deposits in Europe See also Money Market 9 197 Dollar-import Liberalization, Progress in Economic Indicators See Business Situation, Business Trends Abroad 143 Electronic Check Handling Employment Comments on employment, growth, and price levels by William McChesney Martin, Jr. See also Business Situation, Business Trends Abroad Exchange Rates, Foreign Monthly review of 81, 183 27 10, 26,49, 67, 88,109, 134, 148,163,183 Page Page Foreign Trade Progress in dollar-import liberalization The French stabilization program New moves in international economic cooperation Growth and price stability: the German experience International commodity markets United States cotton export program United States foreign trade The emerging common markets in Latin America Germany’s balance-of-payments surplus France The French stabilization program See also International Developments 9 11 25 29 65 89 146 154 206 11 Germany Growth and price stability: the German experience Germany’s balance-of-payments surplus See also International Developments 29 206 Gold Market, The London 131 Hayes, Alfred A breathing spell for monetary policy Holmes, Alan R. The market for dollar deposits in Europe 100 Inflation The French stabilization program Comments on employment, growth, and price levels by William McChesney Martin, Jr. Growth and price stability: the German experience Changes in British financial policies A breathing spell for monetary policy (an address by Alfred Hayes) Debt policy and monetary control in Britain 197 19,58, 183 11 27 29 86 100 170 Inter-American Development Bank, The 25 International Commodity Markets 65 International Developments Monthly article 9, 25, 44, 65, 86, 104, 131, 146, 160, 181, 216 See also Britain, France, Germany, Latin America International Economic Cooperation, New Moves in Inventory Spending in 1960 See also Business Situation 25, 154 191 Investments 3, 60, 176 Private investment and the industrialization of Puerto Rico 68 See also Business Situation, Credit, Dollar, Money Market Klopstock, Fred H. The market for dollar deposits in Europe Latin America New moves in international economic cooperation The emerging common markets in Latin America See also International Developments 27 Member Banks Member bank reserves 6, 22, 41, 62, 84, 113, 125, 149, 166, 177, 194, Commercial bank credit developments 4, 61, 123, 176, 214 Time and savings deposits at member banks 118 Electronic check handling 143 See also Commercial Banks, Money Market Monetary Policy Comments on employment, growth, and price levels by William McChesney Martin, Jr. A breathing spell for monetary policy (an address by Alfred Hayes) See also Monetary Trends and Policies Abroad 27 100 46, 107, 161, 218 170 Money Market Monthly article 4, 22, 41, 60, 83, 112, 123, 149, 165, 175, 194, 213 See also Dollar Income See Business Situation Industrial Production See also Business Situation, Business Trends Abroad Martin, William McChesney, Jr. Comments on employment, growth, and price levels Monetary Trends and Policies Abroad Debt policy and monetary control in Britain Government Securities Market See Securities and Securities Markets 176 Loans See also Business Situation, Dollar, Money Market 197 25 154 New Central Banks See also International Developments 109, 181 North Atlantic Community, Proposal for 26 “Omnibus Banking Law”, New York State’s 94 Prices The French stabilization program Comments on employment, growth , and price levels by William McChesney Martin, Jr. Growth and price stability: the German experience International commodity markets See also Business Situation, Business Trends Abroad, Inflation Puerto Rico, Private Investment and the Industrialization of 11 21 29 65 68 Reserve Requirements See Monetary Trends and Policies Abroad, Money Market Retail Sales See Business Situation Securities and Securities Markets Government securities market 7, 23, 42, 63, 64, 84, 113, 126, 128, 150, 166, 178, 180, 195, 214 Other securities markets 8, 24, 43, 63, 64, 85, 114, 126, 128, 151, 167, 178, 180, 196, 215 Stock Market See also Securities and Securities Markets Treasury Financing Treasury bills and other short-term instruments See also Securities and Securities M arkets Wages See Business Situation, Business Trends Abroad 63, 126, 149 64, 128, 180
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