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M o n th ly Review
FEDERAL RESERVE BANK OF NEW YORK

Index for the Ye a r 1966
Guide to Page Numbers
Month of issue
Pages
1 — 20
January ............
February .......... 21 — 44
M arch .............. 45 — 72

Month of issue
Pages
July .............. 153— 168
August .......... 169 — 188
September
189 — 212

Month of issue
Pages
April ............ 7 3 — 100
M ay .............. 101 — 120
June .............. 121 — 152

Month of issue
O ctober ........ 213
Novem ber .... 233
D ecember .... 257

Page

Page
Applicability of the Federal Antitrust
Laws to Bank Mergers, The
80

An article by Edward G. Guy

Balance of Payments

Bank Credit

75
273

80
127

Banking and Monetary Developments
Q uarterly article
See also Commercial Banks, M em ber Banks

36, 106, 179, 244

84

Bond Market

Treasury and Federal Reserve foreign
exchange operations: semiannual report

47, 191
127

Currency
See Foreign Exchange Markets,
Money Supply

Demand

33, 59, 138, 200, 217

See also Business Situation;
Treiber, William F.
Developments in the commercial bank
loan-deposit ratio
See also Banking and M onetary Develop­
ments, M oney M arket

65

Discount Rates

See Money M arket, Securities and
Securities M arket

Federal Reserve Banks
Foreign
See also Hayes, Alfred; Money M arket

Business Situation
3, 33, 58, 92, 103, 136,
154, 170, 199,215, 241,259

The financial position of consumers
See also Capital M arkets

12

(Primary author: M artin Barrett)
See also Exchange Rates, Foreign;
International Finance

182

158
225

Capital Spending
See Business Situation, Investment

Certificates of Deposit
See Banking and M onetary Developments,
Commercial Banks, Money M arket
123

Exchange Rates, Foreign

Federal Funds Market, Second District
“Country” Member Banks and The

47,191

114

See also Money M arket

Federal Reserve Accounts, Money
Supply, and Bank Credit

273

Federal Reserve System Policy
Statement

209

(Prim ary authors: A. M arshall Puckett
and Joel I. Brest)

12

Foreign Exchange Markets

Commercial Banks
Recent trends in commercial bank lending
and borrowing: an address by
William F. Treiber
Recent banking and m onetary
developments
Developments in the commercial bank
loan-deposit ratio

144, 268
3, 35, 59, 92,
138, 170, 201, 242, 260

Financial Position of Consumers, The

Challenge of the Boom, The
An address by William F. Treiber

Employment

Treasury and Federal Reserve foreign
exchange operations: semiannual
report by Charles A. Coombs
See also International Finance

Capital Markets
Recent developments in the capital
markets
Recent developments in international
capital markets
See also Securities and Securities M arket

Economic Policy Measures in Industrial
Countries Abroad, Recent

7
144, 268

See also Business Situation

Canada, Monetary and Fiscal Policy in




Coombs, Charles A.

Deposits

Banking System—Its Behavior in the
Short Run, The
An article by Paul Meek and
Jack W. Cox

12

Cooper, Robert L.

Bankers’ Acceptances

Monthly article

Consumers, The Financial Position of

Bankers’ acceptances

An article by Robert L. Cooper

4, 259

See also Business Situation

Bank Mergers, The Applicability of the
Federal Antitrust Laws to
An article by Edward G. Guy

273

See also Business Situation
37, 106, 179, 245

M onetary policy and credit pressures:
an address by William F. Treiber
Federal Reserve accounts, money supply,
and bank credit
See also Capital Markets, Commercial
Banks, Member Banks, Money M arket

Federal Reserve accounts, money
supply, and bank credit
See also Capital Markets, M ember Banks,
Securities and Securities M arket

Construction

See Foreign Exchange Markets;
M onetary Policy; Treiber, William F.

Pages
— 232
— 256
— 280

27
36, 106, 179, 244
65

Treasury and Federal Reserve foreign
exchange operations: semiannual
report by Charles A. Coombs
See also International Finance

Foreign Trade
See Bankers’ Acceptances, International
Finance

47, 191

Page
Gold

57, 197

Government Securities Market
See Securities and Securities M arket

Government Spending
See Business Situation, Investment

Gross National Product

103, 171, 241

See also Business Situation

Guy, Edward G.
The applicability of the Federal
antitrust laws to bank mergers

80

Hayes, Alfred
Interest rates and m onetary policy in
perspective (an address)
M onetary policy in an overheated
economy (an address)

22
235

Income

3, 138, 217, 260

See also Business Situation

Industrial Production
Domestic

3, 58, 92, 105, 137,
170, 199, 217, 242, 259
144, 268

Abroad
See also Business Situation

Interest Rates
Interest rates and m onetary policy in
perspective: an address by A lfred Hayes
See also C apital Markets, Discount Rates,
Money M arket

22

International Monetary Fund

225

Interest rates and m onetary policy in
perspective: an address by A lfred Hayes
Recent banking and m onetary
developments
M onetary policy and credit pressures:
an address by W illiam F. T reiber
Recent economic policy measures in
industrial countries abroad
M onetary and fiscal policy in Canada
Federal Reserve System policy statem ent
M onetary policy in an overheated
economy: an address by A lfred Hayes
See also International Finance;
Treiber, W illiam F.

22
36, 106, 179, 244
75
144, 268
182
209
235

Money Market
Monthly article

7, 39, 61, 95, 109,
139, 163, 173, 203, 219, 249, 263

Recent banking and m onetary
developments
Bankers’ acceptances: an article by
R obert L. C ooper
See also Capital M arkets

Orders, New
Prices

47, 191
144, 268
225

36, 106, 179, 244
127

273
137, 170, 199, 259
156, 201, 242, 260

See also Business Situation; Economic
Policy Measures in Industrial Countries
Abroad, Recent

Sales, Retail
See Business Situation

56, 197

Second District “Country” Member Banks
and the Federal Funds Market
(Prim ary authors: William G. Colby, Jr.,
and R obert B. Platt)

See Business Situation

Investment

58, 93, 105, 216, 261

See also Bankers’ Acceptances, Business
Situation, Capital M arkets, Construction,
International Finance, Securities
and Securities M arket

9, 41, 61,
141, 165, 177, 205, 219,
O ther securities markets
11, 43, 64,
143, 167, 178, 207, 223,
See also Capital M arkets, Comm ercial
Banks, Money M arket

See Capital M arkets; Money M arket;
Treiber, W illiam F.

65

Loans
See Bank Credit; International Finance;
Money M arket; Securities and
Securities M arket; Treiber, W illiam F.

265
113,
267

Recent trends in comm ercial bank
lending and borrowing (an address)
M onetary policy and credit pressures
(an address)
The challenge of the boom
(an address)

27
75
123

See Business Situation, Employm ent

United Kingdom
84

Member Banks
7, 39, 64, 95, 109,
139, 163, 175, 208, 223, 249, 263

Recent banking and m onetary
developments
The banking system— its behavior in
the short run
Second D istrict “country” m em ber banks
and the Federal funds m arket

111 ,

Unemployment

Meek, Paul, and Cox, Jack W.
The banking system— its behavior in
the short run

97,
251,
99,
253,

Treiber, William F.

Loan-Deposit Ratio, Developments in
the Commercial Bank
(Prim ary author: Jack W. Cox)
See also Treiber, W illiam F.

114

Securities and Securities Market
G overnm ent securities m arket

Liquidity




Monetary Policy

See also Business Situation

Inventories

M em ber bank reserves

273

Federal Reserve accounts, money
supply, and bank credit
See also Money M arket

International Finance
Treasury and Federal Reserve foreign
exchange operations: sem iannual
report by Charles A. Coombs
Recent economic policy measures in
industrial countries abroad
Recent developments in international
capital m arkets
See also Canada, M onetary and Fiscal
Policy in

209

Money Supply

International Capital Markets, Recent
Developments in
(Prim ary author: D orothy Christelow)

Page
Federal Reserve System policy statem ent
Federal Reserve accounts, money
supply, and bank credit
See also Com m ercial Banks; Money M arket;
Securities and Securities M arket;
Treiber, W illiam F.

36, 106, 179, 244

84

United States Treasury
Treasury and Federal Reserve foreign
exchange operations: sem iannual
report by Charles A. Coombs
See also Securities and Securities M arket

Wages
114

50, 144, 192, 268

See also Exchange Rates, Foreign;
International Finance

See Business Situation

47, 191