View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

I HIS STATISTICAL SUPPLEMENT
to the FEDERAL H O M E L O A N BANK REVIEW is designed to bring together, in convenient form, a vast
quantity of pertinent reference material bearing upon residential construction and home-financing activities.
The Supplement provides statistical information covering approximately a 10-year period, including all revisions
made up to the beginning of the current year. Indexes are presented on a base of 1 9 3 5 - 1 9 3 9 = 1 0 0 , to facilitate
comparisons. Space is provided in most instances for inserting 1945 data as they become available in regular
tables of the REVIEW,
The presentation of this Supplement would not have been possible without the full cooperation of the Division of
Operating Statistics of the Federal Home Loan Bank Administration; the Bureau of Labor Statistics in the U. S. Department of Labor; and the Division of Research and Statistics of the Federal Housing Administration. Their contribution is sincerely appreciated.
Explanatory notes on page 3 give a description of the source, coverage, method of computation, and application
of the statistical series included on the following pages.




TABLE OF CONTENTS
Explanatory notes
Table 1.—Indexes of residential construction and selected influencing factors, 1934-1944:
Residential construction
Nonfarm foreclosures
Rental index
Industrial production
Manufacturing employment
National income payments
Wholesale building material prices
Wholesale lumber prices
Savings and loan mortgage lending
Table 2.—Nonfarm real-estate foreclosures in the U. S., 1935-1944
Table 3.—Outstanding mortgage loans on 1- to 4-family nonfarm homes, 1933-1943
Table 4.—New mortgage loans made on 1- to 4-family nonfarm homes, 1933-1943
Table 5.—Residential real estate owned by selected institutions, 1938-1943-_.
Table 6.—Indexes of building costs for the standard frame house, 1939-1944
Table 7.—Indexes of building costs for the standard house in representative cities, 1940-1944
Table 8.—New residential construction in all urban areas, 1940-1944, by FHLB District and State__
Table 9.—New private 1- and 2-family dwellings provided in all urban areas, 1940-1944, by FHLB
District and State
„
Table 10.—New residential construction in all urban areas during 1943-1944, by months, and by
FHLB District and State
_
Table 11.—New residential construction in all urban areas of the U. S., 1933-1944
Table 12.—New residential construction in all urban areas of the U. S., 1943-1944, by months
Table 13.—New residential construction in all nonfarm areas of the U. S., 1933-1944
Table 14.—New home-mortgage loans by all savings and loan associations, by purpose and class of
association, 1940-1944
Table 15.—New home-mortgage loans by all savings and loan associations, by FHLB District and
class of association, 1940-1944
„
Table 16.—Nonfarm mortgages recorded by type of mortgagee, 1939-1944
Table 17.—Nonfarm mortgages recorded by FHLB District and State, and by type of mortgagee,
1941-1944
Table 18.—Summary of FHLB advances for the U. S., by months, 1936-1944
Table 19.—Balance of advances outstanding for each Federal Home Loan Bank, by months, 19361944
Table 20.—Progress of institutions insured by the Federal Savings and Loan Insurance Corporation,
by quarters, 1941-1944
_
Table 21.—Progress of membership in the Federal Home Loan Bank System, 1934-1944
Table 22.—Home mortgages insured by the Federal Housing Administration, 1937-1944
Table 23.—FHA insured home mortgages held, by class of institution, 1938-1944

2




Page
3
5
5
5
5
,5
6
6
6
6
6
7
7
7
7
8-9
10
11
12-13
14
14
14
15
16-19
20
21-23
24
24-25
26
27
27
27

Explanatory Notes
Page 5

RESIDENTIAL CONSTRUCTION: Compiled by the Division of
Operating Statistics, FHLBA, from building permits reported
to the U. S. Department of Labor, based on estimates of the
number of 1- and 2-family, privately financed dwelling units
provided in all urban areas. The index data, adjusted for
normal seasonal fluctuations, reveal essential movements in
the volume of new housing facilities which are being currently provided.
NONFARM FORECLOSURES: Compiled by the Division of
Operating Statistics, FHLBA.
This index, adjusted for normal seasonal variations, is based on data reported monthly
from approximately 1,900 counties, cities, townships, or other
governmental divisions and measures the number of properties acquired monthly through foreclosures. Approximately 80 percent of all nonfarm dwellings are included in
this sample. Although non-residential and multi-family
foreclosures comprise about 15 percent of the totals used,
this index is a gauge of the ability of home owners to meet
obligations,
RENTAL INDEX: Compiled by the Bureau of Labor Statistics,
based on rent data for all types of family dwellings occupied
by tenants, exclusive of boarding houses, rooming houses and
light housekeeping rooms. Data are collected from tenants
in 34 large cities. This series is part of the comprehensive
cost-of-living data recorded by the BLS.
INDUSTRIAL PRODUCTION: Compiled by the Division of
Research and Statistics, Board of Governors of the Federal
Reserve System. The index is an over-all measure of changes
in the physical volume of production of manufactures and
minerals; it does not cover other types of goods and services
nor reflect changes in prices. It is derived from 100 individual series—16 groups of manufacturing industries and two
groups of mining industries.
MANUFACTURING EMPLOYMENT: Compiled by the Bureau of Labor Statistics on the basis of 1939=100, converted
and adjusted for seasonal variations by the Division of
Operating Statistics, FHLBA. A further breakdown between
employment in durable and nondurable goods industries is
available from the BLS.
Page 6

NATIONAL INCOME PAYMENTS: Compiled by the Bureau
of Foreign and Domestic Commerce and adjusted for seasonal
variations. Data for 1942 and 1943 were revised in March
1945. (See Survey of Current Business for that month.)
I t is made up of estimates of the income received from
salaries and wages, dividends and interest, direct or other
relief payments, social security benefits and other labor
income, entrepreneurial income and net rents and royalties.
The index is useful primarily in indicating the changes in the
dollar volume of income payments. However, because it
does not reflect changes in the basic price levels, this index
does not provide a measure of the purchasing power of a
given income.
*All indexes are on the basis of 1935-1939=100.




WHOLESALE BUILDING-MATERIAL PRICES: Compiled by
the Bureau of Labor Statistics on an original base of 1926= 100,
converted by the Division of Operating Statistics, FHLBA.
It is one of the 10 major classifications included in the weekly
price series based on 889 commodities, prepared by the BLS.
The composite building-material index does not pertain
strictly to home building but provides the best available
guide to the fluctuations in wholesale prices of materials
which loom large in the construction of residential structures.
WHOLESALE LUMBER PRICES: Compiled by the Bureau of
Labor Statistics on an original base of 1926=100, converted
by the Division of Operating Statistics, FHLBA. This index
is one of the component parts of the wholesale buildingmaterial price index mentioned above. In all, about 45
different lumber items are included in this series. Because
of the important bearing of the lumber factor upon the total
cost of the typical single-family home, price fluctuations
evidenced in this series are of particular significance to homefinancing institutions.
SAVINGS AND LOAN MORTGAGE LENDING: Compiled
by the Division of Operating Statistics, FHLBA, from monthly
reports of cooperating savings and loan associations. For
complete description of source see the note on savings and
loan mortgage-lending statistics on page 4. The index, adjusted for seasonal variations and computed from data on
the total loans made by all savings and loan associations, is
an important yardstick in measuring the activity of these
institutions against influencing factors in the real-estate and
home-financing fields.
NOTE—Current data for each of the foregoing indexes may
be found in the Monthly Survey section of the REVIEW.
NONFARM FORECLOSURES: Compiled by the Division of
Operating Statistics, FHLBA.
These statistics represent the
estimated number of foreclosures in the United States in all
nonfarm areas, and are based on data reported monthly from
approximately 1,900 counties, cities, townships, or other
political divisions. About 80 percent of all nonfarm dwellings
are located in the areas included in this sample. (See R E VIEW, Table 15—quarterly from February.)
Page 7
NONFARM HOME-MORTGAGE DEBT: Compiled by the
Division of Operating Statistics, FHLBA, from special studies
and reported statistics of various types of mortgage-lending
institutions. The data are confined to loans on 1- to 4-family
homes in order to eliminate mortgages on farm or commercial
properties. Estimates for 1944 will not be available until
about August 1945. For a complete description of the
sources and methods used in arriving at the total mortgages
held by each type of lender, see REVIEW, November 1939,
p. 51.
NONFARM HOME-MORTGAGE LENDING: Compiled by
the Division of Operating Statistics, FHLBA,
Based on
mortgages recorded throughout the country by type of
mortgagee, and special studies and reported statistics of
various types of mortgage-lending institutions. The data
are confined to loans on 1- to 4-family homes and do not

3

include mortgage loans m a d e on farm or commercial prop
erties. T h e category "individuals a n d o t h e r s " includes
fiduciaries, real-estate a n d bond companies, title a n d mortgage companies, philanthropic a n d educational institutions,
fraternal organizations, construction companies, R F C Mortgage Company, e t c .
RESIDENTIAL REAL ESTATE O W N E D BY SELECTED INSTITUTIONS: Compiled b y t h e Division of Operating
Statistics,
FHLDA.
Based on annual reports of savings a n d loan
members of t h e Federal H o m e Loan Bank System: statistics
of reporting life insurance companies holding a b o u t 95 percent
of all life insurance company resources; reports of t h e Comptroller of t h e Currency, t h e Federal Deposit Insurance Corporation, t h e H o m e Owners' Loan Corporation, a n d state
supervisory authorities. Estimates for life insurance companies exclude housing projects built by these companies for
investment.

INDEX OF BUILDING COSTS FOR THE STANDARD HOUSE:
Compiled b y t h e Division of Operating Statistics,
FHLBA.
This index is designed t o measure t h e changes-in t h e cost of
constructing a s t a n d a r d frame house a n d t o provide a basis
for t h e s t u d y of t h e trend of costs within an individual community or in different cities. T h e various units of materials a n d
labor are selected in accordance with their contribution to t h e
total cost of t h e completed dwelling.
Material costs are based on prices for a limited bill of t h e
more i m p o r t a n t items. Current prices are furnished by t h e
Bureau of Labor Statistics a n d are based on information from
a group of dealers in each city who report on prices for material
delivered t o job site, in average quantities, for residential
construction. Because of wartime conditions, some of t h e
regular items are not available a t times and, therefore, substitutions m u s t be m a d e of similar products which a r e currently being sold.
Labor costs are based on t h e rates prevailing for residential
construction a n d reflect t o t a l earning including overtime a n d
bonus p a y . Either union or non-union rates are used according t o which prevails in t h e majority of cases within t h e
community.
Figures presented in these tables include all revisions up to
t h e present time. Revisions are unavoidable, however, as
more complete information is obtained. All current changes
are indicated in t h e regular monthly table (Table 3) appearing
in t h e

REVIEW.

Page 7: These combined indexes for all cities represent a
three m o n t h s ' moving average of costs for approximately 50
cities reporting in t h r e e - m o n t h intervals.
Pases 8 and 9: This table shows t h e t r e n d of costs in t h e
individual cities for which d a t a are available. Cities in
F H L B Districts 2, 6, 8 a n d 11 report in J a n u a r y , April, July
a n d October of each year; those in Districts 3, 5, 9 and 12
report in F e b r u a r y , M a y , August a n d N o v e m b e r ; a n d those
in Districts 1, 4, 7 a n d 10 report in March, J u n e , September
and December.

Pases 10, 11,12,13, and 14
RESIDENTIAL CONSTRUCTION: Compiled by t h e Bureau of
Labor Statistics, from building permits received from more
t h a n 2,u00 cities a n d towns. Calculations since 1940 are
based on t h e population figures of t h e 1940 Census. Figures
for 1939 a n d prior years are based on t h e 1930 Census.

4




Pase 10: This table presents, b y states a n d F H L B Districts,
the a n n u a l estimates of t h e n u m b e r a n d cost of all new residential construction for which building permits were issued
in all u r b a n areas of t h e United States.
Pase 1 1 : To bring t h e residential-construction statistics closer
to t h e actual operations of savings a n d loan associations, t h i s
table analyzes t h e n u m b e r a n d cost of privately
constructed
1- a n d 2-family dwellings—the t y p e accepted as security for
the vast majority of their mortgage loans.
Pases 12 and 1 3 : T o facilitate t h e comparison of 1945 building
with previous years, this t a b l e presents t h e estimated n u m b e r
of dwelling units built in all u r b a n communities (2,500 or
more population) during each m o n t h of 1943 a n d 1944 a n d
provides space t o insert similar d a t a for t h e current year.
(See R E V I E W , T a b l e 1.)

Pase 14: T h e tables on this page include summaries of n e w
residential-construction volume a n d give some indication of
the proportion of building which is undertaken in u r b a n a n d
nonfarm areas. Tables 11 a n d 12 are summaries of all construction in u r b a n areas of t h e United States, b}^ t y p e of
construction a n d source of finance. E s t i m a t e s for years prior
to 1936 were m a d e b y t h e N a t i o n a l Bureau of Economic
Research. (See R E V I E W , Table 2.)
Table 13 is a s u m m a r y of t o t a l nonfarm residential construction.

Pases 15, 16, 17,18, and 19
SAVINGS AND LOAN MORTGAGE-LENDING STATISTICS:
Compiled b y the Division of Operating Statistics,
FHLBA,
from t h e m o n t h l y reports of cooperating savings a n d loan
associations.
Approximately 3,100 Federal, s t a t e - m e m b e r ,
a n d n o n m e m b e r associations whose assets represent a b o u t 78
percent of t h e t o t a l assets of all savings a n d loan associations
are included in t h e sample of institutions upon which t h e
final estimates are based.
Table 14 shows a breakdown of t h e total loans b y p u r p o s e
a n d b y class of association originating t h e loans. T h e percent
distribution indicates t h e relation of t h a t purpose or class t o
the aggregate loans for t h e year.
Table 15 shows volume of loans by F H L B a n k Districts.
(See R E V I E W , Tables 6 a n d 7.)

Pases 20, 21, 22 and 23
MORTGAGE-RECORDING DATA: Compiled by t h e Division of Operating Statistics, FHLBA,
from m o n t h l y reports
prepared by cooperating institutions. T h e coverage on wiiich
final estimates a r e based includes approximately 625 areas
which contain more t h a n two-thirds of t h e t o t a l nonfarm
population. T o relate mortgage recording to t h e financing of
1- t o 4-family homes, only mortgages of $20,000 or less on
properties in nonfarm areas are counted.
Since almost every mortgage is recorded, this series provides
an a d e q u a t e means of appraising t h e role being played b y
various types of lenders. I t should b e noted, however, t h a t
assignments of mortgages are n o t reflected in t h i s series. T o
t h e extent t h a t certain lenders (e. g., insurance companies)
purchase mortgages originated a n d recorded b y other lenders
(e. g., mortgage companies) recording statistics m a y overstate
or u n d e r s t a t e t h e importance of a particular t y p e of lender a s
t h e u l t i m a t e source of mortgage credit.
(Continued on p. 28)

Table 1.—Indexes of residential construction and selected influencing factors
[1935-1939=100]

Index and year

Annual

Jan.

Feb.

19.8
1*9.8
90.9
65.7
99.7 100.9
115.0
90.6
U*i*.7 11*0.8
179.9 131.1
199.7 200.3
97.2 164.0
59.7
1*8.8
51.0
78.9

63.0
112.8
93.9
136.0
I68.lt
193.3
184.2
56.6
70.&

11*4.8
157.2
125.4
106.4
83.I
70.5

Aug.

Sept.

Oot.

78.7
79.6
115.7 114.6
96.1
98.6
138.0 125.3
157.3 178.6
181.2 204.8
I67.8 127.0
51.1*
1*8.9
5l*.2 1*5.5

90.6
78.8
9U.6
97.9
92.0
98.1
99.7
93.3
105.6 113.3 115.5 127.7
11*3.7 11*1.2 135.3 11*6.1
178.2 160.8 19t*.2 192.7
208.0 214.0 238.8 214.2
73.0
68.3
7l*.3
61.7
62.6
62.8
62.2
59.6
52.0
1*1.7
4 9 . 5 '58.5

101.0
97 .4
124.1
135.7
198.0
202.7
78.7
59.0
39.8

101.0
83.2
128.9
155.6
201.8
189.9
71.1
62.7
1*2.8

11*4.0 138.4
159.1 156.1
119.2 120.5
106.5 105.3
81.6
83.4
68.3
69.4
1*8.5
48.5
1*2.9
41.7
29.2
29.3
17.6
I8.3
12.7
10.0

139.3
152.3
112.9
101.6
78.6
70.3
50.7
38.7
27.3
16.9
10.9

Mar.

Apr,

May

June

July

HOME CONSTRUCTION (private)
19*..
1935
1936
1937..
1938
1939
1940
19U..

•

•••

191+2

i9^."""""""""'.!'.."!!l
1945
NONFARM FORECLOSURES
1934
1935
1936
1937
1938
1939
19M>
•
19l*l
19l*2....
1943
19W*
1945

..

-

11*6.7
H+5.7
118.1
96.5
75.5
64.3
1*8.1;
37.6
27.0
16.1*
11.2

154.1
^70.9
121.2
106.5
81.5
68.4
52.7
1*4.2
32.4
21.0
11.7

49.3
1*2.9
30.9
18.8
13.7

140.6
11*8.7
113.8
105.5
78.4
66.3
49.0
36.7
28.0
16.1
11.4

11*2.0
144.2
121.9
100.8
70.9
65.7
1*8.7
38.0
27.9
15.9
10.3

145.5
143.6
116.6
85.9
73.5
63.8
1*8.8
34.1
24.3
14.9
9.8

11*4.9 155.7
129.4 140.4
122.7 115.6
90.1
85.5
70.7
66.7
62.0
55.5
47.5
49.7
34.0
34.0
25.2
24.4
15.6
13.7
11.2
10.2|

RENTAL INDEX (B. L. S.)

94.4

1934
1935
1936
1937
1938
1939
19i+0
19i*l
191*2
191+3
19l*4
19l*5

94.2
96.4
100.9
io4.i
104.3
104.6
106.2
108.5
108.0
108.2

94.0
93.8
95.5

95.1

105.0
108 .4
108.0
108.1

98l9
103.9
IO4.3
104.5
105.1
108.9
108.0
108,1

105.4
109.2
108.0
108.1

105.7
109.9
108.0
108.1

75.
85.
92.
116.
84.
101.
117.
147.
183.
232.

79.
84.
93.
120.
84.
101.
114.
152.
186.
235.
241.

79.
82.
98.
120.
82.
98.
114.
149.
189.
237.
239:

80.
83.
100.
121.
81.
99.
118.
160.
191.
238.
236.

85.9
92.0
95.2
110.4
94.0
97.8
106.8
123.0
145.9
170.6
170.1

88.9
92.8
95.8
112.3
93.0
98.5
105.8
125.0
147.0
170.3
166,8

91.7
90.9
93.3
92.6
97.7
99.3
113.9 114.9
91.4
89.6
98.8
98.8
104.9 105.0
128.6 132 J*
149.5 152.3
171.4 1 7 2 . 1
164.3 I63.5

105.1
108.6
108.0
108.1

161.0
104.2
104.3
104.6
105.8
108.5
1108.0
108.1

94.6

94.1
96.5

106.1
108.0
108.0
108.2

106.3
108.0
106.0
108,2

97.1
102.1
104.2
104.4
104.7
106.8
106.0
108.0
108.2

104.71
107.5
108.0 I
106.0
106.2

70.
69.
108.
115.
93.
115.
129.
I69.
208.
21*4.
230.

71.
92.
110.
107.
96.
122.
132.
172.
215.
247.
232.

83.4
93.7
103.6
112.0
93.5
104.5
111.3
140.8
159.1
169.6
155.7

85.8
95.1
104.8
110.2
94.1
107.9
114.6
11*1.5
160.4
170.2
154.2

INDUSTRIAL PRODUCTION
1931+
1935
1936
1937
1938
1939
19U0
191*1..
19**2
19l*3...•
19W*
1945

72.

75.
87.
103.
113.
89.
109.
125.
162.
199.
239.
235.

116.
85.
101.
122.
143.
181.
227.
243.

87.5
93.2
101.1
110.9
92.8
102.0
109.7
134.7
155.3
172.1
162.3

62.0
90.1
96.0
108.9
94.6
97.5
106.0
121.4
145.2
171.2
173.4

72.

79.

a4.
103.
119.
81,
103.
123.
164.
193.
236.
235.

104.
120.
86.
106.
123.
166.
197.
240.
230.

90.8
91.3
100.3
114.0
86.3
99.6
105.9
136.3
154.8
174.3
163.7

89.3
91.8
101.8
114.7
88.9
100.2
106.6
140.0
158.5
175.5
I63.I

5J106.
119.
'??•
106.
126.
167.
204.
242.
232.

MANUFACTURING EMPLOYMENT
1931*
1935
I936.....
1937
1938
1939
191*0
19^*1
19i*2
191*4!!!!!!!!!!!!!!!!!!!!!!!!!!!!
1945




88.9
16.8
114.0
91.6
102.0
109.5
140.5
159.4
173.3
160.4

5

Table 1.—Indexes of residential construction and selected influencing factors—Continued
[1935-1939=100]

Index and y e a r

June

Ju3y

Aug.

Sept.

Oct.

76.6
78.0
86.0
86.2
96-4
97.4
109.2 110.1
97.4
96.4
101.5 103.4
110.8 112.4
128.2 133.7
165.4 167.8
208.8 209.4
231.1 232.1

78.
86.
113.
110.
96.
104«
112.
138.
172.
212,
233^

78.5
85-7
107.7
110.7
96.4
104.8
113.1
140.3
175-5
214.8
233.2

79.4
87-6
102.5
110.0
97.4
105.8
114.1
143.2
179.5
216.7
234.0

78.6
88.7
102
107
98
107
115
144.4
182.5
216.8
232.5

80.
90.
103.
106.
99.
109«
117146.
187.
219.
235-

80.6
90.9
104>
104
100,
109
117
147
192.8
222.9
237.5

96.8
94.5
95.7
108.0
101.8
100.1
103.3
111.8
123.1
123.2
128.6

97.5
94.7
95-8
108.5
100.9
99.9
103«
112.
122.
123.
129.

98.0
95.3
95.8
108.2
100.2
99.9
103.2
112.8
122.9
123.5
129.4

97.1
95,1
96.8
108.0
99
100.
103115
123
123
129

95.8
95.4
97.0
107.5
'99.8
100.1
104.2
117.8
123.2
125.3
129.5

95.6
95.9
97.3
107.4
99.9
101.5
106.8
118.8
123.3
125.6
129.5

95<
96.
97.
106.
100.
103.
109.
119.
123.
125.
129.

94.9
95.8
97.9
104.6
99.6
103.8
110.4
120.0
122.9
126.3
130.0

96.
86.
95.
117.
97101.
108.
130.
148.
152.
167.

97.1
95.7
87-1
89.1
97.8
98.0
119.0 116.9
97.0
95.4
101.7 100.8
107.? 106.9
130.0 1 3 0 . 1
146.8 146.4
152.3 153.8
170.8 171.5

96.1
92.9
97.1
113.9
93.4
99.9
105.6
131.0
146.7
154.6
171.5

95.0
94.8
96.3
111.4
94.0
99.8
105.6
136.2
148.0
155.6
171.7

91.1
94-5
95.5
110.5
96.8
100.3
109.6
142.0
148.1
161.5
171.9

91.6
93.9
96.4
109.8
97.3
104.5
119.3
143.8
248.3
162.7
171.4

91.
92.
97.
106.
97.
110.
127,
144148.
163.
171.

90.4
91.1
97.9
103.8
100.0
111.5
130.8
143.3
M9.6
I64.1
171.3

88.8
118.5
100.1
112.7
138.8
I6I.4
134.1
133.9
178.3

87
121
99
113
U6
163
134
133.9
166.3

89-3
120.5
95.5
123.0
139.8
174.7
122.9
142.3
183-9

95.1
115.2
94.8
119.3
160.1
186.2
134.2
156.0
175.1

91.6
104.9
101.8
129.5
160.2
176.7
126.1
159.9
188.9

97.0
110.2
100.8
126.3
157.3
182.8
132.3
173.0
189.2

105104.
100.
128.
157.
176.
126.
158.
186.

103-0
105.0
104.2
140.0
153.9
170.4
120.4
167.7
192.6

Apr.

lAnnual Jan*

Feb.

78.1
78.7
83.1
87-1
93.3
p.01.3
•p.07.7 105.6
9 8 . 5 100.7
4105.4 102.4
113.8 110.4
J137.3 121.3
p.74.5 156.4
4213.O 199.6
4233.3 227.2

77.7
84-3
93.9
106.8
99.4
102.2
110.7
123.5
159.0
203.5
232.4

96.3
96.4
95.3
94.8
96.7
95.7
4106.3 102.0
4100.7 102.5
4101.1 99.9
PL05-6 1 0 4 O
015.2 111.2
O23.0 122.0
.hj24.4
.029.0 122.6
126.7

96.
96.7
9494.9
9595.5
104*2 107101.7 102.
100.1 100.
104.1 104<
110.9 111.
122.9 123.
123.1 123.
126.9 127.

94.1
97.3
91.1
89-0
96.9
93.5
fLll.O 107.7
97.3
98.4
1103.8 101.9
1 U . 4 109.9
4136.4 131.9
147.9 146.5
[157.4 150-3
170.0 164-4

97.2
88.4
94.1
114.9
98.0
102.1
108.8
130.5
147.8
151.9
165.3

94.4
[112.1
99.7
1123.3
4149.9
P-72.3
p.31.3
J148.0
4181.8

88.5
110.8
97.8
113.9
139.7
160.8
U9.9
123.7
191.7

May

NATIONAL INCOME PAYMENTS
193419351936.
1937.
1938.
19391940.
19a194219431944.
1945.

77.9
84*6
95.5
108-7
98.4
102.8
110.4
125.4
161.2
206.9
23L9

WHOLESALE BUILDING MATEUXAL PHECES

1934.
1935.
1936.
1937.
1938.
1939.
1940.
1941*
1942.
1943.
1944.
1945.
WHOLESALE LUMBER PRICES
1934.
1935.
1936.
1937.
1938.
1939.
1940.
1941.
1942.
1943.
1944.
191*5.
NEW MORTGAGE-LENDING BY ALL
SAVINGS AND LOAN ASSOCIATIONS

1936.
1937.
1938.
1939.
1940.
1941.
1942.
1943.
19441945.

87.3
109.9
100.3
113.5
136.6
I64.2
162.3
118.1
165.3

88.7
118.2
95.6
117.9
151.5
173.2
125.7
132.9
175.3

7ab/e 2.—Nonfarm real-estate foreclosures in the United States, 1935-1944
Year

January
228,713
185.1+39
151.366
118,505
100,961
76,011
59.036
1+2,331
25,699
17,5^7

6




February

March

April

May

June

21,353
15,829
lU.21+9
11,058
9,853
7,110
5,^7
3,822
2,375
1.535

20.U72
15.66H
1^.517
10,78*+
9,123
6,7»A
5.052
3,«59
2,217
1.561*

July

August

September

October

November

December

16,203
l*+,35«
10.78U
9,21+2
7,683
5,927
U.283
3,081
1,888
1.503

16,772
16,01+1
10,905
9.030
7.168
5.723
i
+,326
2.927
1,818
l.^S

Totals
21,282
15.095
13.259
10,150
8.52U
6.569
5,500
U.03U
2,615
1.U62

18,1+88
1U.75U
12,516
9.779
8,290
5,8oU
5,0i+8
3.637
2,210
1,611

21.15U
15.SU7
iU.157
11,080
9,220
6,1+1+7

5.708
3,882
2.337
1.693

20,67*+
15,95*+
13.945
10,810
9,oUU
6,»+22
5.519
3.87U
2,1+21+
1,325

18,691
15,803
13.069
9.197
8,522+
6,320
1+.921
3,6iU
2,067
1,31+0

18,339
1U.887
10,972
9.390
8,11+9
6,229
1+.352
3.105
1.905
1,255

17,177
16,297
11,970
9.381+
8,227
6,311
1+.510
3,3*+9
2.077
1,1+87

18,108
lU.910
11,023
8,601
7.156
6.1+05
1+.390
3.11+7
1.765
1.317

Table 3.—Outstanding mortgage loans on 1 - to 4-family nonfarm homes, 1933-1943
[Millions of dollars]
Type of mortgagee

1933

Savings and loan associations
<
Insurance companies
<
Mutual savings banks
•
Commercial banks
Home Owners* Loan Corporation
Individuals and others
T o t a l nonfarm home^mortgage debt.

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

$4,437
1,599
3,200
1,810
132
6,700
17,878

$3,710
1>379
3,000
1,189
2,379
6,200
17,857

$3,293
1,281
2,850
1,189
2,897
6,000
17,510

$3,237
1,245
2,750
1,230
2,763
6,000
17,225

$3,420
1,246
2,700
1*400
2,398
6,180
17,344

$3,555
1,320
2,670
1,600
2,169
6,332
17,646

$3,758
1,490
2,680
1,810
2,038
6,440
18,216

$4,084
1,758
2,700
2,095
1,956
6,510
19,103

$4,552
1,976
2,730
2,470
1,777
6,590
20,095-

$4,556
2,255
2,700
2,480
1,567
6,350
19,908

$4,554
2,410
2,660
2,450
1,338
6,100
19,512

1944

Table 4.—New mortgage loans made on 1 - to 4-family nonfarm homes, 1933-1943
[Millions of dollars]
Type of mortgagee

1933

Savings and loan associations....
Life insurance companies
Mutual savings banks
,
Commercial banks
,
Home Owners ' Loan Corporation
,
Individuals and others
,
Total nonfarm home-mortgage lending,

$414
10
99
110
132
100
865

1934

1935

1936

1937

1938

1939

$451
16
80
110
2,263
150
3,070

$564
77
80
264
583
443
2,011

$755
140
100
430
128
605
2,158

$897
232
120
500
27
723
2,499

$798
242
105
560
81
669
2,455

$986
274
112
610
151
740
2,873

1940

1941

1942

$1,200
324
133
689
143
801
3,290

$1,379
371
171
798
63
1,028
3,810

$1,051
374
130
606
40
954
3,155

1944
$1,184
272
120
515
54
1,038
3,183

Table 5.—Residential real estate owned by selected institutions, 1938-1943
[Millions of dollars]
1938
Amount
Pet.

1939
Amount
Pet.

1940
Amount
Pet.

19a
Amount
Pet.

$890
568
392
290
489
2,629

Type of i n s t i t u t i o n

$681
530
342
235
462
2,250

$492
474
298
187
338
1,789

$328
358
212
127
274
1,299

33.9
21.6
14.9
11.0
18.6
100.0

30.3
23.6
15.2
10.4
20.5
100.0

27.5
26.5
16.6
10.5
18.9
100.0

1942
Amount
Pet.

25.2
27.6
16.3
9.3
21.1
100.0

$203
295
142
85
221
946

21 J>
31.2
15.0
9.0
23.4
100.0

1943
Pet.
Amount
$113
213
81
49
94
550

1944
Amount
Pet.

20.6
38.7
14.7
8.9
17.1
100.0

Table 6.—Indexes of building costs for the standard frame house, 1939-1944
[1935-1939=100]
June

July

Aug.

Sept.

Oct.

Nov.

Dec.

101.6
102.2
111.6
122.8
126.2
132.7

101.a
102.1
112.a
123.5
126.8
133.0

101.3
102.0
113.6
123.7
127.3
133.1

101.2
102.1
115.1
12a. 0
127.1
133.3

101.6
102.9
116.5

102.0

102. a
io6.a
119.2

102.5
108.1
119.9
12a. 5
130.5
13a. 3

99.9
101.2
108.7
120.5
121.8
129.7

99.7
101.3
108.8
121.0
122.2
130.3

99.5
101.3
109.2
121,3
123.0
130.7

99.a
101.2
110.7
121.2
123.7
131.0

99.3
101. a
112.6
121.2
123 .a
131.3

99.9
101.9

105.6
103.8
116.1
125.9
133.a
137.0.

105.3
103.7
117.0
i26.a
13a. 2
137.3

105.0
103.5
118.6
127.8
13a.3
137.5

105.1
103. a
119.3
128.5
i3a.3
137.3

10a. 9
103.6
120.0
i29.a
13a.2
137.3

Jan.

Feb.

Mar.

Apr.

101.8
103.3
llli.O
123.2
127.2
132.8

101.9
102.3
109.3
120.6
121;. 7
130.6

102.0
102. U
110.2
121.2
125.5
131.U

102.1
102.3
110. U
122.0
125.7
131.7

101.8
102.1
111.2
122.3
125.7
132.2

100.1
102.2
111.5
120.8
123.7
130. h

Index and year

100.0
101.li
106.6
118.6
121.5
127.8

100.0
101.5
107.8
119.3
121.9
128.8

100.0
101. a
108.0
120.0
122.0
129.1

, 105.2
IO5.U
119.0
127.9
133.9
137.7

105*6
10I4.0
iiii.5
12U.5
130.9
136.1

105.9
1014.2
115.1
125.0
132.5
136\5

106.1
ioa.i
115.3
126.0
133.0
136.8

Annual

May

TOTAL COSTS
l?llO
19^1
15^2
I9li3
lQlili
I9h$

i2a.a
127.6
133.7

ioa.6
118.5
12a.5
129.1
133.8

wa.a

129.3
i3a.2

MATERIAL COSTS
,l9li0
I9I4I.
I9I42

I9UU

na.a

121.5

12a .a
131.2

100.6
103.a
116.0
121.6
126.0

i3i.a

116.9
121.5
126.8
131.5

101.5
105.9
117.7
121.a
127.6
131.6

ioa.a

101.3

loa. 6

LABOR COSTS
191*0
I9I4I
!9l*2
19^3
I9U4.




10a.9

loa.8

ioa.6

10a. a

106.9
123.3
130.2
135.0
138.5

109.8
123.9
130.2
135.6
139»5

120.7
130.2
133.8
138,5

112.5
12a. 2
130.7
136.0
139.7




Table 7.—Indexes of building costs for the standard house in representative cities, 1940-1944
[1935-1939=100]
1940

I9U2

19U1

1944

I9U3

191+5

F e d e r a l Home L o a n Bank
D i s t r i c t and C i t y

No. 1 — B o s t o n :
Hartford, Conn...
New H a v e n , C o n n . .
Portland, Maine..
B o s t o n , Mass
M a n c h e s t e r , N. H.
P r o v i d e n c e , R. I .
R u t l a n d , Vt

101.7
103.6
98.9
10U.1
98.1
104.6
96.9

103.1
103.9
98.9
104.0
98.1
105.2
97.0

103.2
103.9
99.2
lot*. 5
98.1
106.9
98.8

107.2
108. 4
101.6
105.8
99.3
109.7
99.1

111.0
lll.U'
104.7
108.0
99.6
111.5
107.1

114.4
117.8
106.3
112.4
101.5
111.8
107.7

123.7
126.3
109.6
116.7
103.7
116.1
115.0

125.4
127.O
110.8
119.8
105.0
118.1
115.8

128.6
129.0
116.3
123.8
108.0
119.8i
120.3

128.6 128.5
130.9 131.1
119.1 122.3
123-9, 124.2
108.4| 108.7
120.7 120.7
121.7 124.4

128.4
131.1
126.4
124.2
108.7
120.7
124.4

128.2
130.5
129.6
126.6
114.1
124.0
124.5

128.2
130.0
134.5
125.2
114.3
128.7
125.2

130.3 134.5 134.6
132.5
1 3 8 . 3 1*40.6
140.6
146.3 147.8
127.0 1 2 8 . 4 | 128.6] 130.9
115.4 116.2 118.1 118.3
132.3 135.6 136.2 138.6
125.41 1 2 6 . 0 1 2 6 . 8 1 2 7 . 0

135.2
144.1
151.0
131.3
120.4
139.7
129.1

105.4
108.5
106.6
102.2
100.6
100.1

102.4
108.8
106.6
103.3
100.9
99.8

100.7
108.8
106.7
102.5
101.1
99.2

103.«
9
114.1
2
107.0
102.9
101.6
102.2

118.7
117.1
113.2
112.3
108.8
112.7

120.6
117.3
114.7
119.4
112.0
11U.2

120.6
126.6
131.1
120.6
117.3
117.0

122.1
139.2
135-8
122.5
121.6
123.7

122.7
139.7
136.5
124.6
123.7
124.3

124.9
138.8
137.0
123.2
125.4
125.0

125.3
138.9
146.3
130.9
128.2
125.2

125.4
138.9
153.9
134.2
128.1
127.8

125.4
138.1
155.5
130.2
128.2
129.0

125.6
137.3
156.1
130.4
130.8
129.7

138.0
136.4
149.7
137.6
130.2
129.7

138.0
135.6!
149.7,
140.6J
134.7
136.2

136.9
138.8
154.5
140.6
135.8
141.5

138.4
140.7
157.1
140.4
140.0
148.7

137.5
143.6
159.3
143.8
142.1
149.1

97.0
105.8
101.7
101.9
104.3

94.2
107.4
99.8
102.1
104.6

93.9
110.0
100.1
101.3
105.1

106.5
112.4
104.6
106.8
107.6

108.4
118.0
110.2
108.7
106.0

111.5
H7.5
111.7
110.2
109.0

115.9
120.2
118.7
103.2
109.7

122.8
134.0
118.6
115.8
114.3

131.3
140.7
118.6
116.2
116.4

130.1
139.5
119.5
119.6
122.7

130.1
139.3
126.1
122.2
122.7

130.1
139.0
1?7.0
122.2
122.0

129.6
138.8
130.7
122.0
122.1

129.6
146.2
133.5
122.2
122.1

130.4
145.8
131.9
121.9
122.1

131.2
148.4
131.9
122.3
122.9

133.8
148.7
133.5
122.3
129.7

134.6
150.2
134.0
124.0
129-7

135.3
1^9.9
134.2
125.5

135.3
150.1

91.2
104.3
102.8
96.5
98.4

94.2
105.2
103.6
100.0
98.5

108.2
119.4
111.4
113.9
117.8
109.1
114.2
105.5
120.6
106.5
120.7

114.7
124.2
112.0
117.4
122.8
113.8
115.6
116.7
124.9
109.7
122.6

115.4
128.4
112.8
119.0
127.4
114.2
118.8
114.2
128.3
111.3
125.1

116.9
133.8
113.8
120.4
130.6
114.1
118.8
120.7
131.9
113.9
128.1

117.0
136.5
114.0
122.7
132.3
120.5
120.1
120.8
132.2
115.1
130.4

117.1
135.9
119.4
122.7
132.2
122.1
120.1
121.4
132.2
116.0
125.0

120.0
143.3

122.8
144.7

125.1
131.3
122.1
120.1
121.5
132.1
116.0
125.2

116.8
l4l.l
123.8
130.1
135.1
123.9

130.1
144.2
126.8

134.8
145.7
126.8

125.2
149.3
130.2
137.7
l49.4

126.1
141.4
115.7
127.2

127.3
149.5
130.2
140.1
150.1
138.4
134.1
127.2
131.9
122.5
136.6

127.7
152.4
130.2
142.5
151.8
141.0
134.1
126.7
131.9
125.0
137.6

129.7
153.7
130.3
143.5
151:8
141.0
133.0
128.0
139.2
125.0
137.6

129.8
153.7
134.2
146.1
151.8

98.8
99.7
98.4
96.8

108.3
116.4
111.5
111.5
116.2
110.1
113.9
105.0
116.6
105.2
120.6

117.1
136.2

99.6
96.1
98.0
95.7
105.8

106.4
116.0
109.2
107.2
109.0
105.9
106.4
102.8
114.7
105.3
116.1

104.8
96.5
105.3
101.5
103.6
96.4

104.4
97.4
108.4
100.6
102.8
95.1

107.0
100.5
110.0
103.4
108.5
103.2

11^.9
100.3
110.5
104.3
116.8
107.9

116.7
99.4
116.3
107.5
116.9
111.2

119.0
103.4
121.3
111.4
117.6
114.0

122.0
111.0
124.7
115.6
122.8
118.3

122.9
111.1
125.2
115.7
124.8
120.4

124.4
113.1
127.1
116.9
126.5
121.5

125.3
111.9
127.3
117.2
126.4
121.4

126.8
112.0
128.1
117.6
126.4
121.4

127.6
112.0
128.3
117.6
126.1
121.4

133.3
131.2
140.4
129.7
138.1
127.9

138.6
133.9
142.1
129.6
138.1
130.6

139.3

135.2
151.1
131.4
120.6
i4i.4

2 — New York:
Atlantic City,
Camden, N. J . .
Newark, N. J . .
A l b a n y , N. Y . .
B u f f a l o , N. Y.
White P l a i n s , N. Y

No. 3 — P i t t s b u r g h :
Wilmington, Del
Philadelphia, Pa....
P i t t s b u r g h , Pa
C h a r l e s t o n , W. V a . . .
W h e e l i n g , W. Va

126.3
130.5

. Winston-Salem:
Birmingham, A l a .
W a s h i n g t o n , D. C,
Tampa, F l a
A t l a n t a , Ga
Baltimore, Md...
C u m b e r l a n d , Md».
A s h e v i l l e , N. C.
R a l e i g h , N. C . . .
C o l u m b i a , S. C .
Richmond, V a . . . .
R o a n o k e , Va

104.4
103.9
97.4
98.4
102.3
100.0
96.1
99.5
96.3
105.7

117.7
127.3

119.9
127.2

128.3
112.3
128.9
117.7
126.1

128.8
112.3
137.7
117.7
127-7

133.4
127.2
131.2
122.1

138.1
130.O
139.7
126.9

No. 5 . . C i n c i n n a t i :
Louisville, Ky...
C i n c i n n a t i , Ohio.
Cleveland, Ohio..
Columbus, O h i o . . .
Memphis, T e r m . . . .
N a s h v i l l e , Term..

104.1
96.7
106.9
101.4
103.7
97.0

133.0
130.7
139.3
132.1
137.2

138.0

139.6
134.6
143.3
127.8
138.0

No. 6 — Indianapolis:
Evansville, I n d . . .
Indianapolis, Ind.
South Bend, I n d . . .
Detroit, Mich
Grand Rapids, Mich,

107.0
96.8
104.6
102.0
99.6 100.0

107.1
98.5
102.9
101.9

110.7 112.3 113. 4
99.1 115.0 116.5
104. S 107.8 115.3 114.8
102.4 105.1 112.0 108.7
102.6 106.8 116.1 117.5

107.0

96.9

114.4 119.7
117.4 121.5
117.8 120.6
112.3 119.2
118.5 120.2

122.3 126.4
122.6 126.1
128.4 131.2
119.6 122.1
121.9 127.1

126. 4
126. 4
131.2
122.1
127.0

126.4
126.2 126.4 126. 4
128.5 125.4 125.9 125.9 129.9
132.5
132.3 132.5 132.5
128.2 128.2 I3O.4 130.4 142.1
128.5
128.5 128.6 127.8

125.3
143.0
143.4
148.4
131.1

125.3
1*3.5
143.4
149.6
131.1

125.3
146.4
143.4
152.6
131.1

125.3
146.5
1U3.U
152.1
131.1

No. 7 — Chicago:
Chicago, 1 1 1 . . . .
Peoria, 111.
Springfield, 111
Milwaukee, Wi6..
Oshkosh, W i s . . . .

99.6

99.5 100.3 103.9 104.8 107.1 107.1 109.3 109.3 109.0 109.4 110.2 111.2 112.2 111.9 l l l . Q

108.9 109.8
104.8 106.0
108.2 108. 4
102.5 101.1

99.3 99.2
110.2 110.9
106.3 110.0
109.1 109.8
101.4 108.6

112.6
110.7
112.5
111.6

113.0
110.7
114.3
112.6

119.1
116.3
116.3
120.1

119.4
116.9
116.6
122.2

119.8
116.1
120.7
125.1

119.8
116.1
123.7
125.2

119.8
116.6
130.9
133.6

119.7
117.1
131.2

119.7
117.7
130.7

102.6
104.8
107.3
106.6
99.3
102.4
101.5

102.8 104.8
104.3 104.3
107.1 107.5
104.5 103.0
100.1 103.1
100.7 100.8
103.3 105.0

105.2
104.5
108.1
110.8
108.7
102.6
105.5

106.0
10U.5
108.0
110.5
109.2
104.9
108. 3

106.1
107.8
109.7
110.q
111.4
105.6
111.1

111.3
109.6
112.7
116.2
119.6
108.8
114.7

113.8
110:8
11U.7
118.7
120.5
111.5
117.4

115.2
112.8
115.9
125.6
125.4
115.8
119. 4

116.7
118.4
118.7
125.7
126.5
117.5
124.2

116.7
118.1
118.7
129. 4
121.0
118.8
126.3

104.3 105.3 106.3
121.1 121.6 123.9
113.5 117.7 118.9
99.8
102.6
115.7 100.4 119.2
106.3 117.3 108.9
113.4 107.6 115.5
113.6

117.0
126.9
121.1
112.3
131.5
118.1
131.4

119.9 120.5
128.5 128.9
122.6 122.7
115.4 116.4
13&.3 128.3
H 9 . 5 116.1
132.6 127.6

123.6
131.9
122.7
116.6
128.0
115.9
127.4

99.2

125.6
123.7
141.6
133.6

124.1
123.0
130.7
133.6 133.6 133.6

124.1
123.5
133.2
133.6

125.6
123.7
137.2
133.6

125.6
123.7
140. 4
133.6

116.3
118.5
119.1
129.7
120.8
121.1
125.9

116.1
118.5
119.2

116.1
118.5
119.2

116.0
118.5
119.2

120.9
122.3
126.2

119.0
122.3
126.2

119.2
122.4
126.5

118.3 118.4
122.9 123.0
121.9 121.9
138.0 137.6
119.5 .123.4
123.9 124.7
127.7 127.7

123.6
131.9
122.7
116.5
128.8
116.6
128.5

123.1
131.3
I23.U
116.0
129.0
116.2
128.5

123.2 123.4
131.4 131.4
123.5 123.9
116.0 116.0
129.0
116.2 116.5
128.5

123.7
138.4
127.7
122.8

112.1
127.5
125.8
137.5

112.1
129.0
125.7
138.1

115.1
129.1
125.8
151.2

125.5
123.5
141. U 141.7
133.6

8. — Bee Moines:
Dee Moines, Iowa,
Duluth, Minn....
St. Paul, Minn..
Kansas City, Mo.
St. Louis, Mo...
Fargo, N. D
Sioux F a l l s , S. D,

102.6
104.9
107.8
107.0
100.1
102.6
102.2

121.1
125.7
124.6
137.6
123.0
125.1
130.4

121.1

124.6
124.3
130.6

No. 9 — L i t t l e Hock:
L i t t l e Hock, A r k . . .
New Orleans, L a . . . .
Jackson, Miss
Albuquerque, N. M..
Dallas, Tex
Houston, Tex
.'.
San Antonio, T e z . . .

99.6
99.S
98.9 103.1
104.8 103.6 102.5 119.3
105. 4 106.3 106.3 109.6
99.5
98.6
98.6
97.8
94.6
9^.5
94.6 105.2
101.0 100.5
96.8 10U.9
96.U 9U.8 9^.5 100.7

123.3
138.6
130.8
125.4
136.0
123,1
137.8

125.5 126.1 126.2
138.6 138.6 138.6
135.3 135.0 136.4
125.5 123.5 123.5
136.0
123.6 124.3 124.3
137.6

116.5
132.3
129.1
154.0

117.0
133.6
131.0
155.1

119.3
134.8
132.7
156.3

119.7
135.0
133.4
156.4

119.9
135.2
133.0
158.2

133.8

121.5

No. 10 — Topeka:
Denver, Colo
Wichita, Kan
Omaha, Neh
Oklahoma City, Okla.

98.9
103.3
106.8
107.7

96.8
104.7
106.4
108.8

105.6
102.3

106.2
101.5

96.8
104.8
105.6
108.li

100.6
107.6
107.5
120.3

103.^
109.6
111.0
122.7

IO3.5
11U.7
111.8
120.9

109.2
117.3
117.7
128.0

110.6
118.8
120.8
128.9

111.7
123.5
124.2
127. 4

111.5
123.6
125.0
130.5

112.7
124.3
126.0
135.5

112.1
127.5
126.2
136.1

106.5
101.3
97.6 97.5
103.1 102.8 102 7
102.9 IO3.6 103.!
101. u 101. U 101.5
101.5
95.0

108. 4
101.3
99.3
103.8
103. u
102.2
95.0

111.6
105.1
100.1
103.8
107.0
110.8
101.7

112.4
107.4
102.1
106.2
110.6
110.7
100.5

117.5
107.2
103.7
111.7
112.7
111.5
100.8

118.0
111.0
111.9
116.6
119.7
115.1
101.8

120.9
111.6
114.6
lis.3
122.7
115.4
103.6

126.2
112.8
116.0
119.6
123.8
121.7
103.6

126.0
112.8
121.1
120.1
122.1
121.6
103.u

126.0

12S.9

126.4

134*.9
119.7
124.4
121.8

134.1
122.8
126.6

126.9
114.0
133.6
122.9
130.6

127.3

128.0
120.1
122.1

133.1
122.3
132.1

133.2
118.8
140.1
123.3
131
122.9
111.7

133.2
118.8
142.6
126.8
133.7
122.9
111.7

133.6
118.8
142.5
126.8
134.6
122.9
111.7

146.1
130.0
138.9

101.2
100.8
107.0
103.1
108.6

103.9
101; 6
106.4
103.3
109.0

10U.3
102.7
106.7
IO5.U
109.2

107.7
105.4
111.9
112.3
110.6

IO9.I
109.0
123.1
llU.3
117.2

110.3
114.9
124.1
118.9
116.1

112.9
120.^
125.0
121.6
117.5

111.8
128.1
126.3
121.6
118.2

111.8
131.3

111.9
134.1

112.0
133.2

112.0
13>9

113.2
142.0

115.7
143.1

115.7
144.4

117-9
144.3

117.9
144.3

119.9

119.2

120.6

120.7

119.9

124.6

127.5

No. 11 — Portland:
Boise, Idaho
Great Pali s, Mont....
Portland, Ore
Salt Lake City, Utan.
S e a t t l e , Wash
Spokane, Wash
Casper, Wyo

97.9

No. 12 — Los Angeles:
Pnoenix, Ariz
,
Los Ang-ples, C a l i f . . .
San Diego,.Calif
San Francisco, Calif,
Reno, Nevada

*>




99.0

99.0
95.3
95.0
93.1
102. 4 102.1
105.0 105.5

95. u

99.0
95.4
93.2
101.5
105.5

127.5

Table 8.—New residential construction in all urban areas, 1940-1944, by Federal Home Loan
Bank District and by State
[Dollar a m o u n t s are shown in t h o u s a n d s ]

Number of family dwelling units

Federal Home Loan Bank
D i s t r i c t and State

Permit valuation

1940

28,156

16,823

8,605

1,231

11,101
1,3^4
11.372
891
3.151
297

7,862
2,925
4,691
228
909
208

4,972
1.427
1,976
10
187

705
70
387
10

655

,

New York
No. 3 — P i t t s b u r g h

209,63Qr

2,324
230
57.264

No. 2 - - New York
New Jersey

280.838

7.512
684
10,05S

Connecticut
Maine
Ivlassachusetts
Mew Hampshire
Rhode Island
Vermont

439,582

21,463

No. 1 — Boston

1942

397.466

UNITED STATUS

1941

,

1943

1944

1940

1941

1942

1943

1944

$1,617,981

$895,512

$569,927 r

$3^l.533P

88,070

117.33^

62,628

25.331

4,228

32,83s
2,194
40,378
2.333
9.259
1,068

47,284
4.497
48,414
3.684
12,045
l,4io

30,221
10,000
17.593
740
3.^99
575

15,011
3.557
6,189
11
475
88

2,710
20*
1.176
4
127

114,815^ $1,403,001

55

33

47,420

24,247

8,931

.,901

221,033

195.637

26,512

24,524

6,301

12,229
^5.035

14,231
33.189

10.757
13.490

4,026
4,905

1,23'
66V

50.578
170,4^5

6C.011
135.626

36,532
49,380

11,515
13.009

3.771
526

19.025

30.291

15,600

10,956

2.637

78,666

127,874

60,716

35.675

8.525

277
27,080
2.934

568
13.989
1.043

1.189
9.651
116

62
'.392
183

1.494
65,181
11.991

1.355
116,202
10,317

2,357

3.523

31.869
283

185
8,118
222

205,643

219,559

149,250

75.537

35.623

15.255
30,600
50,467
20,663
25,108
17.532
8,512
37.511

13,026
35,307
44,895
15.466
37.781
20,809
, 8.323
43,952

9.907
30,025
16,031
10,55s
23,498
7.183
5,098
46,95*.

3.6l4
1^.974
9,643
14,347
9,421
2,316
752
20,470

2,478
6,977
9.639
4,687
5.u6i
469
423
5.489

109,881

137.849

66,953

61,854

34,248

8.329
116,050
13.^70

4,292
51.909
10.752

1,316
57.948
2,e»90

976
27.730
5,542

Delaware
Pennsylvania

,

346
15.369
3.310

West Virginia

,

68,207

72,402

53.572

30.637

1^.393

No. 4 — Winston-Salem..,

6,615
8,680
15.303
8,801
7,740
6.703
3.430
10.935

6.157
10,690
13.515
6,988
11,940
7.767
3,288
12,057

5.116
9.632
5.993
5,222
8,169
2,843
2,541
14,056

2,042
5.234
4,389
6,291
3.711
887
436
7.647

1.630
2,598
4,167
2,314
1.505
450
287
1,44?

27.708

33.647

17.730

18,802

2.678
19.885
5,145

3.054
25.4^2
5,141

1.770
12.550
3.410

644
16,9^5
1,203

M55
2,127

6,685
90,091
13,105

30,855

34,098

22,012

23,038

10,897

128,076

148,952

88,132

83.945

42,361

8.0Q4
22,761

9.593
24,505

5.714
16,298

3.085
19,953

2,564
8.333

29.033
99.0^3

36,206
112,746

18,617
69.515

7.2;
76.7:

8,783
33.578

19.260

24,761

13.158

8,851

7.635

90,843

Alabama
D i s t r i c t of Columbia,
Florida
,
Georgia
,
Maryland
,
North Carolina
,
South Carolina
,
Virginia.
No. 5 — Cincinnati
,
Kentucky
,
Ohio
,
Tennessee
,
No. 6 — Indianapolis...
Indiana

,

Michigan

,

440

119.853

52,203

37.246

32.791

Illinois

13.876
5.384

17.788.
6,973

9.3 9
3,809

6.732
2,119

6,496
1.139

69,026
21,817

91.247
28,606

38.783
13,420

29.569
7.677

%-M

Wisconsin

17.631

19.770

6,377

771.

2,137

64,600

78,470

21,016

.724

6,498

1.998
1.998
2,128

181

16,628
25,898
18,512
1.543
2,019

19.97?.
29.334
25.061
1.945
2,158

6,404
7,681
6,^40
142
449

49^
118
410

1,341
2.789

703

50

111,764

60,313

33.o?6

39.258

3,801
73.532

6.43l
5.617
1.738
43.136

370
2,960
2,771
1.^53
25,472

12,144
1,051
1,182
24,291

No. 7 — Chicago

3

U

198

234

419
688
949
23
58

41,814

25.072

21,095.

20,304

108,123

1.558
2,408
2,825

570
1.767
2,186
773
15.797

630
5,038
1,202

26,202

2.637
7,065
4,031
1.419
26,662

12,761

5.H3
19.978
8,611
3,682
70,739

No. 10 — Topefca.

12,450

14,513

8.315

7,100

3,401

38,011

43,607

22,867

18,380

,140

Colorado.
Kansas
Nebraska
Oklahoma

3.752
2.347

4,146
3.543
1,804
5.020

1,121
3.021
992
3,181

491
2,810
2,124
1,675

684
914
704
1,099

11,490
6,391
6.637
13.^93

12.573
9,121
6,667
15,246

3.058

3.080
8,970

1.290
6,209
5,465
5.ul6

1.827
2,582
2.799
1,926

15.865

19.285

2?,k29

22,204

6.174

50.320

65,506

71,244

62,165

21,821

1,142
1.054
3.792
2.53>+
10.135
628

121

219
212

373

5.57*

237
1,024
18,643
9.768
41.397
412

876
1.234
5.077

11,749
139

3.336
3.367
12,155
8,656
3S582
2,380

6*9

1.617
1,124
2,518
169

3.624
4,074
10,986
7.71^
21,840
2,082

33.171
2,289

73.^25

55.503

34,883

219,730

25L576

153,^1

110,520

9,426
649
100,739

24^1686

1,988
147,998

3,460

3.^55

2.771
106,087
1,662

1,848
98,541
350

No. 8 — Des Moines
Iowa
Minnesota
Hisflouri
North Dakota
South Dakota
No. 9 — Little Rock
Arkansas
Louisiana
Mississippi
New Mexico
Texas

No. 11 — Portland
Idaho
Montana
Oregon
Utah
Washington
Wyoming
No. 12 — Los Angeles....
Arizona
California.
Nevada

p Preliminary.

10




4,568
6,596
5,257
474
736

?'J ?
6,654

40,855

1.94

1,441
1.478
3.523
2.361
6,496
566.
66,883
1.531
64,850
502

6.777

55

1.125
71,441
859

17

6.i
3.516
658

53.667
1.178

J7

269

2,889
12.370
94o
48,642
1,^40
46,712
590

673

69O
34,002
191

3.869
21U.067
1.79^

6,440
2

}^
6,61b

7.759

470

9J8U4

*•?£

t Revised.

Table 9.—New private 1 - and 2-family dwellings provided in all urban areas, 1940-1944, by
Federal Home Loan Bank District and by State
[Dollar amounts are shown in thousands]
Permit valuation

Number of family dwelling u n i t s
Federal Hone Loan Bank
D i s t r i c t and State

UNITED STATES...

1'evr Hampshire.
Rhode Island..
Vermont
New York.

New J e r s e y .
New York...
No. 3 — P i t t s b u r g h .
,

Pennsylvania..
West Virginia.
No. 4 —

Winston Salem.

Alabama.District of Columbia.
Florida
Georgia
Maryland
,
North Carolina
,
South Carolina
Virginia
No. 5 —

I9UI4

19W

1941

94,984 r

$l,20fP

$1,058,149

'61,234,430

^521,295

I9UI+

$30S7l5r

*252,379 p

281,987

317,776

154,655

17,478

8,613

2,931

1,0/8

67,470

£0.133

34,007

11.855

3.757

1.758
307
816
10
82

569
53
3?7

23,41+4
2,036
3L505
2,297
7,130
1,058

27,953
3,082
38,050
2,947
6,692
1,469

7,490
1,001
3,065
11
261
26

2,303
140
1,176
4
127
7

Cincinnati.

Kentucky..
Ohio
Tennessee.
Indianapolis.
Indiana..,
Michigan.,

4,698
621
7.269
642
1.700
226

5.563
?3S
5,420
723
1.537
297

25.732

28,312

3,977
567
3.241
139
606
83
13,416

114,868

128,770

16,697
1.329
12,564
346
2,33^
177
48,317

10,834

3.125

S.559
17.173

Connecticut...
Maine
Massachusetts.

Delaware

19^3

15,1^6

No. 1 - - Poston.

—

I943

19^2

19»JO

11,394
16,918

7,469
5.9^7

2,173
1,206

429
461

38,144
76,724

50,44?
78,328

26,328
21,98Q

6,832
4,001

1.573
1.552

1^.593

19. HO

10,204

6,229

2,l4l

65.277

85,35?

40,256

22,862

7.107

671

62

947
55.917
8,413

1,333
75.378
8,641

127
7
>8,479
^1,650

2.396
20,182
283

186
6,706
215

3.379

203
12,246
2,144

269
16,416
2,425

9.623
547

5,44P

40,532

43,684

20,275

11.523

8,803

133,401

141,023

5L917

27.631

19.231

1.249
218
2.847
2,612
2,210
572
324
1,491

1,606
727
2,848
1.^59
490
438
279
856

7,974
1^,344
38,735
12,231
14,072
lU,8<s4
6,144
24,047

9.302
l4,ili
35.735
11,527
22,209
14,928

4,813
2,219
7,158
5,622

6,870
26,206

12,638

1,804
926
6.4> 7
6,629
^.524
i,4>2
494
4,304

2,403
2,613
5,920
2,825
1.245
466
409
3.350

11
:1
1
10,510
5,402
4,134

5.51JJ
2,546
5.924

M43
2,483
9,644
5,424
7,120
5.^5
2,670
6,155

3,

3

&

2,727
2.641
4,832
1,958

• 7>l
3.626
12,355.

116

12,460

5,339
1,668

7.911

S.093.

83.673

107,605

^7.573

31. u s

29.901

m5

1,085
9.792
1,478

509
6,199
1,203

280
5.689
2,124

5.569
69.013
9,091

6,5^2
89,182
11,881

2,3^0
^1.795
3,428

1,065
27,463

2.590

578
931722
"5,541

25.797

31,984

20,095

13,723

6,666

109,586

141,167

82,324

60,758

30,092

6,4gg
19.299

8,244
23,740

5,036
15,059

l,25 c
12,461

2.016
4,650

23,822
85,764

31,381
109,786

17,257
65,067

3.6^8
57,110

7.699
22,393

19.598

24,486

2,264
13,672
3.662

2,482

.17.372

20,525

9,192

6,037

6,167

8^,798

105,621

38,571

25,277

27.685

Illinois..
Wisconsin.

12,178
5,i9 t +

14,394
6,131

6,647
2,545

4,519
1,518

5.202

79.3^3

965

63,442
21,356

26,278

28,601
9.970

19.3'0
5.934

23.327
4.35S

8 —

16,601

l6,74o

5.333

706

1,604

61,828

67,865

18,486

1,581

5.268

5,2^8
7.U87
5.213
142
396

493
118
410
560

1.155
2,776
1,243
62
32

No. 7 •

No.

Chicago.

Des Moines.

Iowa
Minnesota....,
Missouri
,
North Dakota.
South Dakota.
No. 9 —

Little Rock.,

4,311
6,437
4,748
394
711
29.770

4,457
6,^8

4i6§7
523
615
33.5*7

1.5S7
1,941
1.597
55
153

17.5^5
1,285
2,245

Arkansas....
Louisiana...
Mississippi.
New Mexico..
Texas
No.

l.?37
4,018
2,939
1,481
19.^95

2,263
4,493
3.565
1,322
21,944

12,028

10 —

11,036

12,891

7.136

Topeka.

Colorado.,
Kansas...,
Nebraska.,
Oklahoma.,

3,001
2,223
1,509

181
87
269

520

15.^67
25,418
17,180

169

46

1.313
1,950

17,818
28J87
17.356
1.9Q3
2,001

13.698

16,418

77.^72

87,464

39.S71

20,139

30,016

570
911
1,314
386
10,517
4,418

624
2,985
1,014
461
11.33^
2,660

11,124
^,537
3.555
53.799

M57

5.^07
12.539
5.240
3,651
60,627

2,568

1,705
28,317

370
1,304
1,386
704
16.375

584
7,180
634
799
20,819

3^.309

39.357

20,4n

12,930

6,991

900
4,013
3,081
4,936

1.253
1.357
2,519
1,862

1,226

470
548
608
1,034

I'M
5.^

10,281

13.278

15.167

2,484
6,182
3.031
8,714

8,432

5.153

44,348

51,9^2

22,653

32,192

18,599

3.53S
2,891
9.518
7.563
1S.795!
2,043

2,910
2,'972
10,992
8,011
24,726
2.331

237

459

721
928

4,401

2:21

12,952
392

U,$7
3,733
17,601
661

No. 12 —

Los Angeles.

Arizona....
California.
Nevada

181,119

198,140

76,909

48,542

70,607

2,816
176,596
1.707

2,985
192.235
2,920

1,028

729
46,461!
1.352

1,402
69,085
120

p Preliminary.




3.0&4

13.619
Idaho
Montana....
Oregon
Utah
Washington.
"joining....

910
2,192

^.363

3.225
2,951
1.751
4,964
14,914

7,168

979
932
3.304
2,283
6,819
597

121
135
1,302
1,478
3.99S
134

143

5^.065

23.363

15,9^7

21.533

*%

382
21,918
I.O63

308
15,217
422

518
20,939
76

1.370
1,080
2.977
2,250
5.389
553
52,121
962
50,720
439

9J0

m

316
1,765

66
1,229
2,143s

^.333
OPT.

309
1.241
1,043
2,19b
114

7,376
6.533

^.336

••2g

* Revised.

11

Table 10.—New

residential construction in all urban areas during 1943 and 1944, by months, and
by Federal Home Loan Bank District and State
[Number of family dwelling units provided]

Federal Home Loan Bank
District and State

January

March

February

|

1943

1944

May

|

]

21,010

1945

1944

9.592

20,632

672

82

324
77
250

40
10
26

2

21

*6

1.109

119

427

554
555

90
29

380

41*0

191+3

191*4

11,016

22,578

9.050

1,817

61

758

42

708

109

1,626
62
17

UNITED STATES

April

June

r

36

582
31
100

29
5
9

161
8
500

56
14
57

19U5

112

1945

1943

1944

1945

17,994 12,361

i\

1
2

25

300

135

2.556

261
59

146
89

229
2,527

89
67

676

347

2,667

71

1.638^

69
2

568
1.040
50

1*21
19

676

156

z

>%

*t\

1943

1944

10,925

14.132

n.558

1,016

176

659

90

570
405
2
5

90
22
60
2
2

1*87
7
162
2
1

47
2
59
2

79

526

59

892

205

47

26
55

254
72

42
17

251
641

34
169

729

162

I.969

457

496

135

152
10

409
1.555
5

16
424
17

16
478
2

2
109
22

2.625

1.907

657

1*24
348
22
40
18
383

183
915
413
226
283
119
12
469

162
499
747
93
171
49
24
162

1,518

908

1,121

1.457

45
6-11
252

23
1,008
90

7
1,181
269

1943

1944

16,779

8
721

1945

1945

5,958

559

1.952

1.152

2.51*6

1,205

1,672

1,249

2,732

94

89
188
161
275
132
55
31
1,021

114

71*0
816
1.137
178
45
5
2.943

63
55
254
1*2
39
15
7
84

157
41*8
20
82
54

99
565
326
623

35
101
412
420
304
105
74
221

418

772

1.913

I.O69

1.739

960

1,860

86
141
253
617
5
58
14
95
960

296
176
488
400
537
146

56
706

104
28
658
305
2
49
25
36

87
518
15

10
505
259

60
1,770
83

153
821
95

21
1.510
208

39
788
135

195
1,516
149

30
719
211

1,661*

1,291

2,518

665

2.113

1,490

2,234

974

1.905

1,109

2,216

1.501

46
1,618

108
1,185

1,622
696

61
604

68
2,045

591
1.099

125
2,109

442
532

217
1,686

266
843

80
2.136

522
1.179

225

387

226

495

470

531

584

756

51*2

751

475

666

164
61

573
H*

151
75

459
56

293
177

432
99

417
167

709
27

581
161

692
59

310
165

597
69

5

52

58

.125

92

207

159

112

49

87

29

125

5

3

197

7
5
17

5
9
94

5
21
5

18
21

16

43
5
6

9

Is

87
5
50

7
6
5

65
19
41

2

1

19

1

40

1

110

"4

20

10

11

2

965

2,666

998 1.275

1,255

1.369

5.775

1.555

2.545 2,686

1.51*4

2,038

36
1+7
79
175
628

125
513
216
123
1,689

1*3
117
151
25
662

40
259
57
29
908

35
123
325
26
726

51
182
120
65
975

28
148
57
29
5.494 1,511

78
34
971
144
121
527
22
41
1,755 1,538

51
96
68
110
1,019

37
626
51
81
1.243

259

280

665

507

1.225

**

2k
211 1
ko
15
72
• 144
33

3
175
346
11*1

99
21
106
81

2,999 |

586
1

5

3.955

100
2,290
35
1,205
525
4.763

41*8
5
103
11*2
21
170

17

4.018

90
397
4.269 1 3.313
102
115

12




163
1*22
2,411*
5.508

I

44
5.381
83

$

h

17
116
108
58

L 1.379

44

86
58

n

545

605

589

757

367

466

li«8
16
98
81

117
550
41
95

86
363
52
88

121
565
20
51

78
68
63
158

116
91
165 1

94

73
88
52
85

2,267

861

1.629

635

2,155

599

91*0

624

2
1
190
264
1,779
31

129
27
266
57
387
15

6
41
51*2
51
974
15

20
86
162
76
242
47

1
7
119
205
590
20

50
13
91
260
221
9

3.131

2,852

4,727

2.457

2.463

17
47
25
17
151
226
161
55
212*
1,759
1
61
5.392 2.545

2,869

2,518

114
3.017

426
2,230
196

166
4,558
3

20
2.754

26
2,492

265
25
299

406
760 ,
59

4

26

12,434
5
la

2,441

72
30
5.265 2,512
55
3

95

1945

Table 70.—New residential construction in all urban areas during 1943 and 1944, by months, and
by Federal Home Loan Bank District and State—Continued
[Number of family dwelling units provided]
July

F e d e r a l Home Loan Bank
D i s t r i o t and S t a t e
1943
UNITED STATES

14.798

August

j

19**4 j 191*5
9.830

19l*5

191*5

191*3

19t*l*

17,1*30 8 , 7 5 8

ll*,0l6

7.773

191

937

•263
222
2
50
5
6

78j

709

311
1
36

206
251*
21*7

10,

545

191*1*

2

October

September

191*5

December

November

19!^

191*5

16,721* 7.1*69

19.1*80

8,1*60

H*.007

375

21*

353

81

76

31*

171
155
67

8
1
13
2

259

56
2
H*

53

9

19

19

2
3

9

2
2

~6

19M*

191*5

559

42

795

81*

171
70S
k8
1
6
3
675

82

857

199

169

615

268

128

597
162

27
15

508
285

52
52

U03
272

27
55

1+20
1*57

180
19

11*4
25

520
95

225
1*3

122
6

755

182

571*

157

251

527

1*51

82

1*12

79

360

20

32
321*
1*

12
8

562
77
106

101
1*
70
1
15
2

"l*

55

94
656
5
No. 4 — Winston-Salem, » • • . . » . »
Alabama

159
23

51*0
34

1*4
87
6

15
225
11

510
17

52
1*11*
5

50
32

7
397
8

56
23

5.70U

1.547

2.05I*

1,21*8

2,252

1,288

2,575

91*6

772

1.191

157
266
572
75
7
52
12
505

580
288
1)62
565
287
95
15
162

136
597
261
55
56
16
9
•178

145
251*
1*23
638
561
1*5
22
507

195
287
201*
207
3
2k
9
19

92
76
2^0
1*0
128
121
7
68

359
155

7k
992
517
1.955
151
17
62
156

120
222
381
78
626
39

ill*
91*1*
179
H+8
99
88
1*
1*58

S

1,815

71*2

214
215
11*7
81*
720
11
118
279

70
167
256
77
107
28

887

216

l.i£9

738

2.529

61*7

1,311

1*25

2,001+

658

2.673

59
78
32
63
142

35
1.267
127

13
539
186

69
2,209
51

H*
506
127

1*5
1,038
50

22
332
69

22
1,925
57

1*7
1*29
182

23
2,597
53

11*8
220

22
664
201

16
78
121*

1.961

685

2,280

905

1.857

590

2,167

758

1.11*7

986

1,178

11*5

166
1.795

195
1490

195
2,085

196
707

ld»
1.755

177
215

2,021*

117
614

239
908

259
727

80
1,098

30
115

kk

s

752

1*1*2

1,158

1,103

876

591*

71*1*

951

2,123

1*59

696

520

662
50

354
88

1,125
55

7te
557

679
197

1*71
123

369
375

812
139

l,e28
295

357
102

355
565

1*94
26

89

110

1*8

100

51*

516

62

181

110

377

76

31*7

8
5
65

22
23
58
2
5

9
15
22

21*
27
1*3

6
12
5

35
12
15

2
3
105

71
178
101
10
17

56
2
11*

11*
120
213

2

35
101
51*
3
8

1.50U

2,565

1,300

"6

15

66
185
60
2
5

1,1*77 1.937

1.1*51* 1.1*58

1.389

1.057

62
27
1*97
228
79
127
51
170
1.0l*4 1,129

22
88
101
81*
1.159

1*5
399

15

1,519

~k
1,81*6 1^1*8

1*7
821

1*5
216
180
10
,958

1*7
219
111*
17
660

1*0
27
76
59
1,302

1*6
551*
99
1*2
798

95
536
379
78
1.1*77

70
264
88
28
850

81
29
65
76
1.595

65
1*26
91*
22
841

757

255

581

161

501

257

788

257

580

184

12
2k
k3
68

23

1*28
150
156

56
16
57
121*

50
191
1*5
117

35
32
31
63

1*5
87
89
82

26
98
28
85

2
9
52
357

17
72
49
1*

1*77

1.555

500

1.515

370

1.1*65

587

19
59
410
300
1,122

50
76
53
78.

1.523




12*7

17
238
75
210

1 crS-oS a- &

558

No* 12 — Los A n g e l e s . • . . « , . , , .

1945

8,01*5

191*3

191*5

19i*3

191*1*

1*00

1.521

289

7
k
263
1*82
554
13

20

78
225
157
15

73
8
351*
359
777
k

10
9
138
135
207
1

8
25
287
1*18
1*33
11*1*

1*2
20
78
31*
139
57

5
9
755
117
31*3
258

18
1*5
91
25
207
1

87
1
207
237
521
69

1*0
32
79
26
211
12

13
1
220
266
1,021

11
9
78
101
84
6

1.708

5.14*5

5,779

2,131*

2,91*0

2,302

1*,219 1 . 5 2 7

7.21*6 2,303

|l*.90l* 3.970

27
67
1.6U0 5,141
1
7

156
3.61*3

32
.2,087
15

87
2,819

28

21*
1*1
4,195 1.1*76

36
7.206 2,21*3
5
k

27
55
4.869 3.899
8
16

k

,

2,260
14

10

13

Table 11.—New

residential construction in all urban areas of the United States, 1933-1944
Number of family u n i t s provided
1933
U5.000

2-family d w e l l i n g s

—
~

Total urban construction

45,000

193* .

1935

U6,ooo

113,000

1936

1938

1937

1939

19*0

—

201,868

239.047

286.654

333.166

131,2*5
11.163
U3.218

:E

185,626

iu3.325
12,962
*5.5*1

166,3^8
13.875
58,S?*

212.135
14,697
59.822

262.021
19.966
5L179

1941

369.^65
295,024
22,752
51,689

1942
184,892

119,71**

93.193p

138,908
15.7*7
30.237

78.750
16.234
24.730

71,298
9,908
11.987

5,000

13.3*7

3.599

6,706

55.*53

64,300

70.117

95,946

118,000

U6.000

19*U

1943

198,973

205,1+67

245.753

342,107

397,466

439,582

280,838

s?,9iS
114,815 5

209,630 r

Table 12.—New residential construction in all urban areas of the United States, 1943 and 1944,
by months
[Dollar amounts are shown in thousands]
Permit -valuation

Mumber of family dwelling units provided
Total
urban
construction

Private construction
1-family

1943

2-family

3-and-more
family
dwellings

Total

Public
construction

5,870
6,115 i
9,299
9,863
12,546
11,422
11,036
13,088
10,906
11.840
9.412
8,462

15,140
16,465
8,695
6,9U
8.556
2,710
5,712
4,542
5,110
4,884
10,068
5,545

!

Total

Public
construction

Total
urban
construction

Private construction
L
1-family

2-family

3-and-more
family
dwellings

21,010
22,578
17,994
16,779
20,632
14,132
14.798
17,430
14,016
16,724
19.430
14,007

• 11.233
15.985
20,369
21.517
27,504
25,299
26,015
24,599
22,350
23,946
22,764
21,176

* 2,455
1.559
2,805
4.026
4.145
4.426
3.952
5.995
4.509
5.5U
5.725
2.854

• 3,621
1.965
4.142
5,026
6,557
5,914
5,609
12,399
7,550
8,604
3,214
3.945

# 17,309
17,509
27,316
30,569
38,006
35,659
55.574
42.793
54.209
57.861
29.701
27.975

• 52.413
34.526
21,487
12,534
16,859
5,812
7,712
9,031
6,655
11.571
24,301
12,687

* 49.722
52,035
43,803
42,953
54.865
41,451
45.236
51,874
40,842
49.1+52
54,002
40.662

3,567
4.676
6,600
6,543
8,326
7.440
7.497
7.251
6.635
7.013
7,015
6,132

898
588
1,066
1.369
1.646
1,686
1.403
1.934
1.535
1,802
1,309
993

1,405
851
1.653
1.956
2,374
2,296
2,181
3.903
2,686
3,020
1,083
1.337

78,750

16,254

24.730

119,714

89,916

209,630

260,155

45,560

68,546

574,261

195,666

569,927

6,257
6,161
6,922
6,359
6.931
7,554
6,537
5,443
4.963
5,288
4,880
3.953

977
409
1,165
1,003
956
1,593
860
655
575
755
612
568

988
1,290
955
1,166
1,806
1,026
717
1,175
705
861
870
448

8,222
7,«60
9,022
8,528
9.745
9.975
8,114
7.275
6.245
6,884
6,562
4.969

2.794
1.190
5,339
1,064
1,130
1,535
1,716
1,465
1,530
585
2,098
3,076

11,016
9.050
12,561
9.592
10,925
11,558
9,850
8,758
7,773
7,469
8,460
8,045

20,073
19,535
22,117
20,143
21,801
23,692
20,174
17,073
15,500
15,243
13.603
11,291

5.074
1,234
4,258
5.504
5.152
4.910
2,510
2,427
2,051
1,865
1.729
1,590

2,885
4,501
2,677
5,238
4,858
5,074
2.149
5.354
2,240
2,604
2,332
1,136

26,052
25,120
29,052
26,955
29.791
51.676
24.855
22,854
19.779
19.712
17.664
15,817

6,052
2,949
7,622
2,211
3,510
4.402
5,132
4,553
2,695
1,595
5,612
7,832

52,084
28,069
56,674
29,146
55,501
56,078
50,015
27,412
22,474
21,505
25,276
21,699

71.298

9,908

11,937

95.195

21,622

114,815

220,245

j 52,154

34.886

287,265

54.268

541,533

1944

1945

Table 13.—New

residential construction in all nonfarm areas of the United States, 1933-1944
Number o f f a a i l y u n i t s provided

Type of construction
193*

1935

1936

93,000

126,000

216,000

304,000

3-and-more family d w e l l i n g s . . . .

76,000
5,000
12,000

109,000
5,000
12,000

243,000
14,000
47,000

Total nonr-fano c o n s t r u c t i o n . . . .

93,000

126,000

—

p Preliminary.

14




ill

1933

19*4

1938

1939

19*0

1941

19*2

332,000

399,000

458,000

301.193

183JOO r

138.800P

316,000
18,000
65,000

373.000
20,000
65,000

529.571
41+7,608
25,56*
56,399

619,*60

267,000
16,000
49,000

533.1f2

252,323
17.*63
3L*07

136,300
17,800
29,600

ii4:6oo
10,600
13,600

1937

28,426
57,845

19*3

30,200

5,000

15,000

4,000

7,000

57.000

73.029

95.7*0

195.*07

166,300

221,000

319,000

336,000

*06,000

515,000

602,600

715,200

496,60c

350, ooo1*

^.ocxf

Revised.

Table 14.—Estimated volume of new home-mortgage loans made by all savings and loan associa
tions, by purpose and class of association, 1940-1944
[Dollar amounts are shown in thousands]
Annual

Pet.of
total
loans

$398,632
437,065
190,438
106,497
95,243

33-3
31.7
18.1
9.0
6.5

426,151
580,503
573,732
802,371
1,064,017

35-5
42.1
54-6
67.8
73.2

22,039
27,809
34,127
32,820
55,000

25,389
30,283
33,769
39,084
66,138

32,168
a , 784
40,930
55,235
81,846

37,821 42,049
48,311 54,781
52,196 53,095
65,088 67,826
85,568 98,872

198,148
190,573
165,816
167,254
163,813

16.5
13.8
15-8
14.1
11.3

13,999
13,645
12,854
11,408
9,976

14,590
14,204
12,325
12,510
11,955

16,769
16,903
13,225
14,874
14,422

20,859
16,905
14,508
15,040
13,491

18,034
18,506
13,607
14,843
14,a5

17,147
17,891
15,184
15,913
14,963

63,583
61,328
a * 695
30,4a
30,751

5.3
4.5
4.0
2.6
2.1

3,455
3,784
3,190
1,667
1,521

3,437
3,573
3,138
1,953
1,960

4,657
4,765
3,547
2,377
2,266

6,097
6,368
4,083
2,484
2,679

6,896
5,930
3,866
2,606
2,967

113,065
109,215
78,820
77,398
100,228

9.4
7-9
7.5
6.5
6.9

7,963
8,540
6,571
4,788
6,609

7,954
7,787
6,725
5,183
6,916

10,063
8,460
7,890
6,127
8,469

9,460 10,607
10,361 10,761
7,772
6,831
6,270
6,176
7,421
8,931

1,199,579
1,378,684
1,050,501
1,183,961
1,454,052

100.0
100.0
100.0
100.0
100.0

66,944
80,440
79,533
57,856
80,978

71,522
82,330
76,756
63,324
98,164

90,368
105,162
87,367
87,185
116,130

509,713
584,220
a2,828
511,757
669,433

42.5
42.4
39.3
43.2
46.O

28,008
34,360
31,142
23,390
37,076

29,786
35,645
31,919
26,566
44,144

483,499
583,804
476,080
539,299
648,670

l e a r and purpose and c l a s s

40.3
42.3
45.3
45-6
44.6

25,737
33,947
35,312
26,910
35,456

206,367
210,660
161,593
132,905
135,949

17.2
15.3
15-4
11.2
9.4

13,199
12,133
13,079
7,556
8,446

January

February

March

April

May

June

July

August

September October November December

Purpose of loan;
CONSTRUCTION
1940

19a
1942
1943
1944
1945

$35,523 $39,907 $42,488
42,987
44,207 44,918
12,568
15,930 17,709
8,946 9,209
10,616
7,078
7,589
9,663

$39, a 7
40,782
12,449
13,211
5,923

$a,6io

38,402
55,993
52,112
74,885
103,276

40,658
40,567
55,682
55,973
52,190
55,301
77,555
82,894
93,232 105,050

40,947
58,052
58,060
86,016
101,884

40,771
59,874
56,528
83,259
101,461

17,649
16,816
16,097
14,925
13,871

17,762
15,785
14,019
14,600
14,152

15,483
15,871
14,063
13,799
14,495

5,691
5,633
3,566
2,707
2,957

6,115
6,022
3,671
2,807

2,ea

6,079
5,571
4,126
2,809
3,067

6,283
5,884
3,804
3,229
3,160

5,756
5,361
3,498
2,874 |
2,699

4,869
4,267
3,007
2,638
2,507

4,248
4,170
2,199
2,290
2,127

10,221
9,916
7,303
6,425
9,850

9,972
9,534
6,130
6,859
8,014

10,726
9,411
6,549
6,470
8,816

9,645
9,345
5,679
6,718
8,993

9,423
8,698
6,380
7,540
9,720

8,798
8,223
5,2a
7,670
7,785

8,233
8,179
5,749
7,172
8,704

1M,542
130,953
95,009
100,490
132,523

106,984
133,640
94,095
108,876
140,709

114,301
132,972
95,797
111,355
125,036

117,622
129,727
92,563
117,389
138,674

111,775
129,934
94,055
122,973
134,455

114,400
127,938
91,672
115,150
135,228

38,2a
45,365
36,325
37,850
53,883

46,577 49,287
51,371 55,396
38,484 36,966
42,717 a , 8 3 5
57,u45 59,229

47,435
57,542
35,279
46,730
64,474

48,676
56,564
37,007
48,370
57,164

50,305
57,592
36,620
51,172
64»400

46,480
54,786
37,987
54,100
63,489

48,307 38,896
52,507 a , 910
35,555 28,163
50,576 44,804
61,965 54,978

37,715
a , 182
27,381
43,647
51,586

28,9a
35,301
33,939
28,175
44,139

36,484
43,947
"38,030
38,595
50,686

43,015 45,803
50,956 54,495
43,937 43,005
44,461 47,818
54,212 60,ia

42,234"
54,857
44,265
50,182
63,851

45,414
55,676
43,665
50,648
56,539

46,807
54,542
a , 549
53,497
6i,377

45,988
54,303
42,249
55,907
59,162

46,224 40,143
54,930 46,890
a , 937 3 5 , 4 a
52,026 47,108
60,945 5 2 , 2 a

36,729
43,960
32,751
43,972
49,921

12,795
11,384
10,898
8,583
9,881

15,643
15,850
13,012
10,740
11,561

18,409
18,304
,626
11,557
11,386

17,335 20,211
2 i , 2 a 20,732
14,551 15,125
11,964 12,337
12,384 11,333

20,5i0
17,593
14,394
12,730
12,897

19,307
20,845
13,819
12,966
11,804

19,869 15, 528
20,501 15,949
14,180 10,375
12,548 11,144
12,318 11,155

14,109
15,066
10,496
9,953
9,631

$19,488 $20,152
26,662
26,483
22,791 20,799
7,173
4,594
7,872
11,195

$26,711 $33,764 $36,956
33,250
38,686 40,975
21,775
20,488 17,610
8,572
9,853
9,039
9,127
13,484
7,338

37,722
10,572
7,452
6,095

$32,584 $30,032
30,290
30,103
8,472
9,275
6,928 1 10,904
5,244
4,635

HOME PURCHASE
1940

19a
1942
1943
1944
1945

33,875
48,816
43,984
73,053
90,182

31.465
43,145
41,440
64,656
81,508

16,840 1 4 , 4 a
16,283 13,340
14,694 12,472
14,025 12,767
15,253 13,265

14,575
14,424
12,768
12,550
13,555

REFINANCING
1940

19a
1942
1943
1944
1945
RECONDITIONING
1940

19a
1942
1943
1944
1945
ALL OTHER PURPOSES
1940
1941
1942
1943
1944
1945
TOTAL LOANS

108,001
120,631
99,047
98,735
122,643

88,553
94,567
104,749 100,208
70,628
73,979
97,572
103,056
118,374 111,138

Class of a s s o c i a t i o n ;
FEDERALS
1940
1941
1942
1943
1944
1945
STATE MEMBERS
1940

19a
1942
1943
1944
1945
N ON MEMBERS

1940
19a
1942
1943
1944
1945




19,452
21,062
15,038
10,837
13,153

15

Table 75.—Estimated volume of new home-mortgage loans made by all savings and loan associations, by Federal Home Loan Bank District and class of association, 1940-1944
[Thousands of dollars]
3ank D i s t r i c t and c l a s s
of a s s o c i a t i o n
NO- i — BOSTON
Total:
1940
19a
1942
1943
1944
1945

$LL5*289
146,152
102,833
98,773
106,780

$ 5,862
8,254
8,232
4,244
5,571

$ 6,155
7,845
6,074
3,474
5,678

$ 6,063
9,126
6,629
5,280
7,i36

S 8,474
11,517
9,089
E,ul8
8,056

$10,966
13,834
9,963
9,215
10,439

911,310
14,493
9,884
10,i60
12,085

$11,191
15,083
10,358
9,377
a 0,07V

$12,267
14,559
10,517
9,247
10,353

$11,346
15,019
10,068
11,094
9,753

$11,513
14,615
9,348
9,953
10,356

$10,457
11,951
6,959
10,266
8,958

39*680
49*939
31*095
28,768
40,898

2,206
2,657
2,332
1,244
1,812

2,079
2,862
1,699
1,077
1,738

2,062
3,168
2,377
1,667
2,683

2,812
4,616
2,993
2,347
2,817

3,906
4,618
2,911
2,534
3,757

3,900
4,974
2,830
2,797
4,609

4,002
5,164
3,014
2,640
3,949

4,074
5,203
3,052
2,804
4,045

3,717
5,415
3,127
3,426
4,217

4,175
4,728
2,823
2,800
4,302

3,352
3,419
1,933
3,166
3,642

56,561
74*562
55*240
54*266
52,504

2,695
4,314
4,011
2,175
2,768

2,790
3,992
3,077
1,892
3,157

2,945
4,291
3,303
2,812
3,313

3,882
5,535
4,652
4,244
4,381

5,604
6,980
5,857
5,277
5,431

5,738
7,503
5,923
5,541
6,010

5,332
7,902
5,591
5,294
4,863

6,066
7,575
5,958
4,926
5,176

5,863
7,734
5,168
6,093
4,493

5,546
7,284>
4,827
5,581
4,844

5,372
6,619
3,962
5,448
4,047

19*048
21,651
16,498
15*739
13*378

961
1*283
1,889
825
991

1,286
991
1*098
505
783

1,056
1,667
949

1,780
1,849
1,444
1,427
858

1,456
2,236
1,195
1,404
1,251

1,672
2,016
1,131
1,822
1,466

1,857
2,017
1,753
1,443
1,267

2,127
1,781
1,507
1,517
1,132

1,766
1,870
1,773
1,575
1,043

1,792
2,603
1,698
1,572
1,210

1,733
1,913
1,064
1,652
1,269

115,475
138,375
106,064
89*296
133,035

6,979
7,424
8,172
4,322
6,517

5*694
l,olb
7,004
4*731
6,945

6,491
8,345
8,313
5,323
8,748

8,666
11,376
10,528
6,625
9,316

10,332
13,579
10,336
7,239
11,964

9,969
14,076
9,924
8,886
13,864

10,602
13,412
9,955
8,036
11,259

11,816
12,234
9,194
9,421
13,032

12,804
14,288
9,279

13,478
13,729
8,909
9,2a
13,948

10,150
11,562
7,905
8,048
11,899

Federal:
1940
1941
1942
1943
1944
1945

33,579
41*134
25*152
22,961
43,253

2,547
2,299
2,564
1,061
1,654

1,658
2,017
2,074
863
1,668

1,859
2,137
1,974
1,189
2,319

2,913
3,057
2,013
1,715
2,942

3,153
3,746
2,118
1,557
3,551

2,830
3,920
2,313
2,277
4,691

2,750
4,032
2,109
2,109
3,757

3,734
4,291
2,034
2,479
4,359

3,387
4,866
2,291
2,629
4,793

3,381
3,801
2,271
2,624
5,095

2,796
3,534
1,974
2,259
4,298

S t a t e member:
1940
1941
1942
1943
1944
1945

32,936
43,374
41*515
46,028
68,146

1,671
2,293
2,788
2,153
3,398

1,669
2,203
2,417
4,176

2,001
2,623
3,035
2,809
4,882

2,595
3,339
3,580
3,108
4,721

2,733
4,010
3,681
3,838
6,115

2,849
3,978
4,U1
4,912
6,968

3,508
4,405
3,562
4,115
5,507

3,092
4,077
3,898
5,049
6,620

3,272
4,329
3,990
4,792
7,295

3,412
4*648
3,922
4,639
6,756

3,297
3,775
3,728
4,158
5,737

Nonmember:
1940
1941
1942
1943
1944
1945

48,960
53,867
39,397
20,307
21,636

2,761
2,832
2,820
1,108
1,465

2,367
2,856
2,948
1,451
1,101

2,631
3,585
3,304
1,325
1,547

3,160
4,982
4,935
1,802
1,653

4,446
5,823
4,537
1,844

4,290
6,178
3,470
1,697
2,205

4,344
4,975
4,284
1,812
1,995

4,990
3,866
3,262
1,893
2,053

6,145
5,093
2,998
2,177
1,865

6,685
5,280
2,716
1,978
2,097

4,057
4,253
2,203
1,631
1,864

93*U84
111,619
97,596
101,098
123,055

5*402
5*666
7*451
5,2i4
7*u04

6,272
6,081
6,126
5,761
7,966

7,231
8,431
8,030
8,311
9,492

8,047
9,142
8,806
8,676
11,294

9,010
10,949
8,062
8,313
10,534

8,362
10,991
9,293
9,000
11,129

9,145
10,569
9,243
9,475
10,095

8,992
9,788
9,149
9,732
11,866

7,960
10,925
7,796
9,301
11,551

8,484
11,285
8,980
10,167
10,997

7,017
9,075
7,414
9,224
11,023

36,563
42,491
35,782
40,900
56,972

1,756
2,414
2,555
1,705
3,122

2,041
2,376
2,207
2,344
3,5i2

2,916
3,057
2,820
2,845
4,246

2,674
3,418
2,918
3,479
5,458

3,663
3,847
3,032
3,361
4,915

3,831
4,849
3,440
3,750
5,072

3,600
4,086
4,017
3,897
4,593

3*461
4,002
3,624
4,094
5,129

3,165
3,999
2,862
3*892
5,363

3,543
3,860
3,146
4*324
5,116

2,875
3,278
2,546
3*734
5,486

23,538
29*276
29,080
33,252

a , 372

1*358
1,591
2,093
1,757
2,444

1,332
1,671
2,039
1,653
2,572

1,767
2,210
2,330
2,376
2,952

2,323
2,601
2,682
2,6l6
3,571

2,265
2,979
2,827
2,927
3,557

2,113
2,738
2,621
2,797
3,969

2,189
2,548
2,730
3,168
3,901

2,298
2,459
2,366
3,247
3,830

2,155
2,351
2,430
3,296
4,078

2,221
3,036
2,498
3,390
3,867

1,782
2,641
2,278
3,235
3,829

32,983
39,852
32,734
26,946
24*211

2,288
1,661
2,803
1,752
1,438

2,899
2,034
1,880
1,764

2,548
3,164
2,880
3*090
2,294

3*050
3,123
3,206
2,581
2,265

3*082
4,123
2,203
2,025
2,062

2,418
3,404
3,232
2,453
2,088

3,356
3,935
2,496
2,410
1,601

3,233
3,327
3,159
2,391
2,907

2,640
4,575
2,504
2,113
2,110

3,336
2,433
2,014

2,360
3,156
2,590
2,255
1,708

Federal;
1940
1941
1942
1943
1944
1945
S t a t e member:
1940
1941
1942
1943
1944
1945

••••

•

Nonmember:
1940
1941
1942
1943
1944
1945
NO. 2 — NEW I0RK
Total:
1940...
1941
1942
1943
1944
1945

.'•

NO. 3 — PITTSBURGH
Total:
1940
1941
1942
1943
1944
1945
Federal:
1940
1941
1942
1943
1944
1945
S t a t e neraoer:
1940
1941
1942
1943
1944
1945
Nonmember:
1940
1941
1942
1943
1944
1945

16




Table 75.—Estimated volume of new home-mortgage loans made by all savings and loan associations, by Federal Home Loan Bank District and class of association, 1940-1944—Continued
[Thousands of dollars]
Bank D i s t r i c t and c l a s s
of a s s o c i a t i o n

November

December

$15,574
17,247
10,913
13,939
15,142

$14,414
15,511
9,437
12,024
14,585

$13,782
15,531
9,343
12,465
13,702

8,015
8,525
5,725
7,617
7,860

7,930
8,463
4,438
6,944
7,526

6,816
7,276
3,674
6,073
7,163

6,159
6,312
4,126
7,042
6,740

6,044
7,852
5,242
6,404
6,651

6,482
7,402
5,019
5,430
6,024

6,249
7,204
5,120
5,826
6,695

6,323
6,880
4,664
4,926
6,489

5,655
7,218
4,023
4,686
6,141

1,641
1,608
1,598
1,337
913

1,629
1,520
1,134
1,460
1,014

1,727
1,861
1,197
994
851

1,395
1,580
1,355
1,169
921

1,275
1,355
1,099
1,025
933

1,968
1,501
1,194
737
821

17,390
23,015
17,394
20,385
23,804

20,531
22,643
16,582
19,352
21,325

20,458
21,242
16,851
20,390
25,344

18,308
21,702
18,945
21,547
23,920

19,705
21,277
17,719
19,004
24,371

15,378
18,076
14,006
17,591
19,965

13,020
16,414
12,108
15,259
17,231

7,055
8,709
6,829
7,397
9,990

6,776
8,367
6,484
7,715
9,819

7,383
8,448
6,443
7,937
9,300

7,389
8,043
6,300
8,649
11,345

6,619
7,996
6,810
8,791
10,383

7,230
8,045
6,114
7,633
10,346

5,438
6,514
4,625
7,209
8,612

4,026
5,752
7,188

8,711
10,934
9,720
10,034
10,635

9,409
11,305
9,768
11,045
12,520

7,695
11,322
9,404
11,095
12,314

9,607
11,106
8,665
10,433
10,374

9,959
10,464
3,757
10,273
12,228

9,143
10,550
0,779
11,166
11,817

9,553
10,804
9,421
9,908
12,275

7,843
9,724
7,824
9,139
9,713

6,333
8,752
6,450

2,156
2,314
1,391
1,387
1,689

2,505
2,471
1,678
1,347
1,677

2,530
2,670
1,873
1,278
2,296

2,919
3,326
1,506
1,575
1,671

3,541
3,089
1,474
1,432
1,651

3,110
2,735
1,794
1,468
1,771

2,546
3,156
2,356
1,590
1,720

2,922
2,428
2,184
1,463
1,750

2,097
1,838
1,557
1,243
1,640

1,631
1,822
1,632
1,324
1,291

3,878
4,939
4,961
4,522
6,532

4,227
5,105
4,566
4,923
5,923

5,407
6,080
5,230
5,529
6,259

5,782
6,367
4,996
5,767
7,387

6,^16 •
6,536
4,?75
6,285
7,635

5,779
6,530
5,116
5,033
7,061

6,246
6,^53
4,°57
7,306
",271

6^693
5,206
6,595
7,345

6,503
6,535
5,251
7,183
7,622

4,861
5,210
3,710
5,772
6,901

4,674
5,297
3,813
5,085
6,001

1,601
2,287
2,000
1,632
2,187

1,812
2,380
2,574
2,237
3,156

1,836
2,623
2,210
2,391
2,827

2,476
3,167
2,492
2,870
2,880

2,713
3,201
2,475
3,005
3,509

3,078
3,408
2,480
3,208
3,918

2 , ^82
3,342
2,644
4,977
3,453

3,216
3,492
2,500
3,621
4,071

3,028
3,383
.1,660
3,184
3,687

3,525
3,111
2,678
3,690
3,937

2,672
2,483
1,938
2,743
3,470

2,379
2,631
1,690
2,591
3,244

28,103
32,313
25,562
30,433
37,159

1,480
1,851
1,920
1,580
1,928

1,791
2,352
2,095
2,031
3,009

2,179
2,250
2,118
2,139
2,733

2,525
2,733
2,329
2,363
3,192

2,701
2,913
2,273
2,485
3,496

2,1-71
2,881
2,344
2,695
3,382

2^954
2,179
2,708
3,290

2,698
3,261
2,208
3,254
3,777

2,756
3,041
2,357
3,071
3,285

2,675
3,155
2,337
3,142
3,361

1,969
2,419
1,563
2,694
3,185

2,092
2,503
1,839
2,271
2,521

3,468
2,781
3,020
3,860
3,700

257
219
222
230
146

275
207
292
254
367

212
232
238
393
363

406
180
409
296
187

368
253
248
277
332

267
247
151
382
335

231
234
293
348
318

332
200
249
431
423

394
269
189
•340
373

303
269
236
351
324

220
308
209
335
246

203
163
284
223
236

September

Annual

January

February

March

April

May

June

July

August

$174,909
191,587
140,110
143,218
171,441

$10,297
11,551
11,505
8,470
9,944

$10,048
11,460
11,220
8,034
11,991

$13,643
14,317
12,209
11,033
15,724

$15,134
16,625
13,440
11,381
14,416

$17,636
17,186
12,382
11,542
14,904

$15,486
18,004
13,459
11,856
16,888

$16,146
17,484
12,780
13,532
14,072

$16,525
18,883
11,481
14,901
15,338

$16,224
17,788
11,9a
14,041
14,735

84,895
92,350
59,695
72,997
89,135

4,563
5,268
5,032
3,938
4,984

5,013
5,866
4,949
3,974
6,392

6,374
7,367
5,652
6,171
9,206

6,923
7,870
5,458
5,438
7,801

8,323
8,214
5,483
5,918
7,965

7,853
8,845
5,247
6,067
9,115

8,074
8,333
4,806
6,778
6,710

8,852
9,511
5,105
7,037
7,673

69,195
82,133
64,739
56,804
71,861

4,137
5,223
5,231
3,643
4,298

3,844
4,739
5,168
2,974
4,918

5,421
5,698
5,232
3,642
5,777

5,985
7,216
6,550
4,764
5,675

6,496
7,406
5,591
4,505
6,026

6,128
7,752
6,523
4,587
6,718

6,431
7,543
6,376
5,417
6,449

20,819
17,104
15,676
13,417
10,445

1,597
1,060
1,242
889
662

1,191
855
1,103
1,086
681

1,848
1,252
1,325
1,220
741

2,226
1,539
1,432
1,179
940

2,817
1,566
1,308
1,119
913

1,505
1,407
1,689
1,202
1,055

Total:
19401941
1942
1943
1944

198,767
234,588
193,543
212,964
249,679

9,525
12,904
13,013
10,496
13,543

11,639
13,854
14,392
12,o33
15,612

15,627
19,256
15,736
17,055
19,295

18,192
21,521
18,327
18,732
20,463

18,994
22,684
18,470
19,720
24,806

Federal:
1940
1941
1942
1943
1944

73,462
86,988
70,786
83,070
104,716

3,726
4,861
4,632
3,594
5,502

4,167
4,968
5,240
4,615
6,413

5,647
7,081
6,354
6,427
7,667

6,976
8,116
6,929
7,351
8,151

96,111
118,263
102,111
113,232
124,925

4,132
6,181
6,705
5,770
6,861

5,902
7,260
7,627
6,835
7,497

7,824
9,861
7,991
9,301
9,939

29,194
29,337
20,646
16,662
20,038

1,667
1,862
1,676
1,132
1,130

1,570
1,626
1,525
1,483
1,702

62,889
70,602
56,923
70,442
81,198

3,338
4,357
4,142
3,442
4,261

31,318
35,508
28,341
36,149
40,339

October

NO. 4 — WINSTON-SALEM
Total:
1942
1943
1945
Federal:
1941
1942
1943
1944

S t a t e member:
1940
1941
1943
1944
Nonraember:
1940
1941
1942
1943

NO- 5 — CINCINNATI

S t a t e member:
1940
1941
1942
1943
1944
1945
Nonmember:
1940
1941
1942
1943
1944

NO. 6 —

5,056

8 752

INDIA?;APOLIS

Total:
1940
1941
1942
1943
1944

Federal;

S t a t e member:
1942

Nonmember:




17

Table 75.—Estimated volume of new home-mortgage loans made by all savings and loan associations, by Federal Home Loan Bank District and class of association, 1940-1944—Continued
[Thousands of dollars]
Bank D i s t r i c t and c l a s s
of a s s o c i a t i o n
NO- 7 — CHICAGO
Total:
1940
19a
1942
1943
1944
1945

$121,842
135,923
101,125
119,363
163,857

$ 6,881
8,080
7,692
4,907
8,057

$ 7,153
8,279
6,796
5,799
10,633

$10,096
10,795
9,612
8,5U9
13,193

$11, s a
13,346
10,379
10,352
14,215

$11,358
13,210
9,788
10,024
15,550

$10,527
13,165
9,172
11,205
16,052

$11,472
13,257
9,156
11,458
14,938

$12,080
12,293
8,479
12,204
15,30u

$10,888
12,160
8,481
12,979
15,222

$11,051
12,555
8,6a
11,658
15,718

& 9,549
9,306
6,719
10,720
12,630

Federal:
1940
1941
1942
1943
1944
1945

47,992
52,818
36,885
46,551
68,405

2,409
2,849
2,742
1,689
3,186

2,699
3,094
2,628
2,354
4,254

3,695
4,307
3,368
3,255
5,618

5,246
5,224
3,836
4,285
6,083

4,570
5,349
3,567
3,797
6,315

4,774
5,204
3,332
4,420
6,623

4,273
4,793
3,141
4,157
5,840

4,743
4,927
2,875
4,533
6,317

4,232
4,720
3,288
4,952
6,924

4,374.
4,977
3,274
4,969
6,291

3,327
3,440
2,610
4,506
5,215

S t a t e member:
1940
1941
1942
1943
1944
1945

55,428
65,388
49,426
58,878
81,701

3,011
3,718
4,133
2,435
3,908

3,209
4,057
3,298
2,731
5,499

4,165
5,016
4,804
4,195
6,412

4,784
6,450
4,975
5,034
6,854

5,279
6,163
4,473
5,129
7,922

4,670
5,976
4,272
5,676
8,296

5,334
6,543
4,a7
5,877
8,065

5,667
6,016
4,203
6,311
7,288

5,270
5,981
3,975
6,456
7,183

5,258
6,219
4,285
5,356
8,066

4,720
4,593
3,510
4,853
6,188

Nonmember:
1940
1941
1942
1943
1944
1945

18,422
17,717
14,314
13,934
13,751

1,461
1,513
817
783
963

1,245
1,128
870
7U

2,236
1,472
1,440
1,059
1,163

1,811
1,672
1,568
1,033
1,278

1,083
1,985
1,568
1,109
1,133

1,865
1,921

1,748
1,098
1,313

1,424
1,033

1,670
1,350
1,401
1,360
1,195

1,386
1,459
1,218
1,571
1,115

1,419
1,359
1,082
1,333
1,361

1,502
1,273
599
1,361
1,227

Total:
1940
1941
1942
1943
1944
1945

71,461
74, a 6
51,328
66,706
91,443

3,742
3,679
3,402
2,429
3,711

3,819
4,060
3,370
3,090
5,464

5,232
5,738
4,387
4,826
7,305

7,768
6,856
5,005
5,614
7,890

7,048
7,281
4,602
5,954
8,553

7,195
7,450
4,842
5,909
8,754

6,999
7,454
4,997
6,151
8,187

7,044
7,943
4,929
7,200
9,396

6,946
7,266
4,405
7,420
9,350

6,377
6,558
4,538
6,899
8,775

4,974
5,359
3,109
5,646
7,279

Federal:
1940
1941
1942
1943
1944
1945

34,999
36,953
24,323
33,970
47,686

1,526
2,003
1,447
1,316
1,991

1,805
1,951
1,501
1,450
2,4a

2,444
2,675
2,122
2,171
3,329

3,297
3,435
2,561
2,754
3,946

3,679
3,739
2,277
2,969
4,449

3,602
3,793
2,119
3,297
4,733

3,607
3,831
2,128
2,916
4,365

3,704
3,905
2,329
3,789
5,247

3,543
3,459
2,215
3,613
5,234

3,oa
3,252
2,188
3,609
4,662

2,636
2,705
1,634
3,091
3,896

S t a t e member:
1940
1941
1942
1943
1944
1945-'

21,885
24,709
19,048
23,320
31,989

1,165
1,182
1,297
755
1,313

1,226
1,361
1,381
1,035
2,053

1,508
2,092
1,539
1,879
2,959

2,854
2,312
1,679
1,981
2,877

1,926
2,410
1,493
2,204
2,960

2,128
2,286
1,853
1,948
3,000

1,894
2,332
2,232
2,337
2,758

2,031
2,556
1,721
2,390
3,304

2,192
2,570
1,565
2,731
2,916

2,202
2,229
1,738
2,466
2,974

1,401
1,827
1,090
1,967
2,386

14,577
12,754
7,957
9,a6
11,768

1,051
494
658
358
407

788
748

1,617
1,109
765
879
1,067

1,443
1,132
832
781
1,144

1,465
1,371
870
664
1,021

1,498
1,291
637
898
1,064

1,309
1,482
879
1,021
845

1,211
1,237
625
1,076
1,200

1,134
1,077
612
824
1,139

937
827
385

605
970

1,280
971
726
776
1,017

Total:
1940
19a
1942
1943
1944
1945

59,951
67,247
48,879
61,133
75,042

3,809
4,407
4,404
3,692
4,624

4,248
4,461
4,237
3,636
7,147

5,300
5,6i6
4,761
4,548
6,244

5,711
5,452
4,636
4,568
7,712

5,744
6,053
4,394
5,363
6,476

5,122
5,892
4,013
5,077
7,077

5,571
6,700

5,334
6,338
3,958
5,700
6,049

5,080
6,329
3,720
6,667
6,566

5,209
6,260
3,880
5,965
6,317

4,101
4,909
3,130
4,903
5,568

Federal;
1940
19a
1942
1943
1944
1945

23,754
28,328
18,276
25,048
32,940

1,564
1,842
1,789
1,385
2,005

1,618
2,019
1,727
1,482
2,364

2,276
2,234
2,007
2,064
2,797

2,413
2,349
1,911
i,926
2,681

2,236
2,538
1,620
2,099
3,134

1,942
2,529
1,241
2,l6l
2,712

2,149
2,770
1,406
2,442

2,168
2,738
1,331
2,493
2,768

1,970
2,576
1,428
2,395
3.212

2,036
2,682
2,536
3,081

1,647
2,075
1,078
2,104
2,733

S t a t e member:
1940
19a
1942
1943
1944
1945

34,063
37,419
29,701
35,066
41,193

2,114
2,4±9
2,535
2,275
2,569

2,387
2,374
2,444

2,812
3,328
2,690
2,ai
3,349

3,070
3,000
2,634
2,547
4,979

3,284
3,378
2,711
3,189
3,275

2,932
3,2u8
2,686
2,819
4,299

3,228
3,577
2,785
3,119
3,192

2,988
3,505
2,524
3,112
3,199

2,995
3,614
2,202
4,167
3,268

3,056
3,471
2,312
3,329
3,131

2,405
2,776
2,007
2,704
2,768

2,134
1,5U0
902
l,ul9
909

131
146
80
32
50

224
137
63
75
67

248
155

194
353

178
95
103
95
82

115
139
90
105
86

117
107
60
100
105

45
95
67

NO. 8 — DES MOINES

Nonraember:
1940
19U
1942
1943
1944
1945

•
•
•

•

NO. 9 — LITTLE H C
OK

tfonmember:
1940
19a
1942
1943
1944
1945

18




66
65
93

5,656
6,144

Table 15.—Estimated volume of new home-mortgage loans made by all savings and loan associations, by Federal Home Loan Bank District and class of association, 1940-1944—Continued
[Thousands of dollars]
Bank District and class
of association

Annual

January

February

March

April

May

June

July

August

September

October

November

December

NO. 10 — TOPEKa
Total:
51,052
54,605
44,356
57,371
70,149

$ 2,905
3,490
3,413
2,686
3,804

$ 3,326
3,378
3,806
3,507
5,260

$ 4,526
4,373
4,286
4,812
5,807

$ 5,035
4,776
4,453
5,295
5,552

$ 4,815
5,657
3,824
4,701
6,364

% 4,874

$ 4,920
4,650
4,031
5,510
6,227

$ 4,863
5,563
3,914
5,405
6,927

5 4,358
5,131
3,664
6,017
6,494

S 4,565
4,822
3,603
5,528
6,295

'% 3,481

% 3,384

5,150
3,330
5,137
6,354

3,558
2,968
4,534
5,779

4,057
3,064
4,189
5,226

26,818
29,981
24,467
31,898
37,264

1,437
1,821
1,726
1,566
1,882

1,748
1,868
2,198
2,L28
2,517

2,505
2,332
2,594
2,794
2,885

2,764
2,680
2,379
3,131
2,993

2,568
3,325
2,193
2,553
3,369

2,569
2,835
1,815
3,035
3,593

2,517
2,455
1,969
2,838
3,164

2,366
3,125
2,236
2,894
3,732

2,273
2,837
1,972
3,309
3,423

2,437
2,671
2,022
2,831
3,573

1,752
1,889
1,666
2,488
3,127

1,882
2,143
1,697
2,231
3,006

11,960
13,424
12,919
16,672
19,570

697
808
1,052
810
1,019

782
884
1,204
888
1,514

973
1,101
1,129
1,504
1,603

1,120
1,061
1,192
1,429
1,423

1,118
1,135
936
1,440
1,796

1,149
1,252
1,032
1,419
1,725

1,061
1,214
1,323
1,694
1,926

1,070
1,399
1,052
1,695
1,997

1,100
1,351
1,048
1,660
1,862

1,149
1,098
1,024
1,624
1,541

948
1,017
921
1,407
1,644

793
1,104
1,006
1,102
1,520

L2,274
11,200
6,970
8,801
13,315

771
861
635
310
903

796
626
404
491
1,229

1,048
940
563
514
1,319

1,151
1,035
882
685
1,136

1,129
1,197
695
708
1,199

1,156
1,063
483
683
1,036

1,342
981
739
928
1,197

1,427
1,039
626
816
1,198

985
943
644
1,048
1,209

979
1,053
557
1,073
1,181

731
652
381
689
1,008

709
810
361
856
700

41,275
48,633
33,079
44,624
47,196

2,271
2,985
2,479
1,892
2,576

2,577
3,098
2,754
1,947
2,858

3,604
4,617
3,162
3,479
3,930

4,154
4,506
3,195
4,455
3,575

4,199
4,862
2,835
3,719
4,264

3,592
4,796
2,638
4,410
4,739

3,736
4,697
2,738
4,198
4,220

3,853
4,357
2,818
4,906
4,528

3,770
4,021
2,676
4,685
4,610

3,523
4,191
3,054
3,682
4,385

3,212
3,338
2,302
3,713
3,766

2,779
3,165
2,428
3,538
3,745

25,615
31,317
20,674
27,652
30,422

1,422
1,908
1,623
1,216
1,727

1,643
2,064
1,689
1,233
1,955

2,234
3,367
2,011
2,092
2,714

2,523
2,888
2,084
2,751
2,580

2,551
3,219
1,777
2,369
2,805

2,261
2,914
1,462
2,999
2,917

2,436
3,050
1,803
2,721
2,796

2,252
2,783
1,792
2,834
2}855

2,364
2,518
1,577
2,675
2,790

2,261
2,592
1,954
2,361
2,604

1,369
2,042
1,511
2,345
2,410

1,799
1,972
1,391
2,056
2,269

13,800
15,386
10,181
15,059
15,133

756
1,001
689
574
699

889
932
89f
632
790

1,182
1,164
1,076
1,288
1,103

1,409
1,477
970
1,546
839

1,489
1,490
782
1,172
1,309

1,217
1,329
371
1,211
1,572

1,170
1,359
842
1,327
1,264

1,357
1,412
800
1,902
1,550

1,262
1,335
940
1,727
1,692

1,113
1,315
816
1,157
1,675

1,074
1,047
613
1,182
1,285

1,025
883
1,341
1,355

1,860
1,930
2,224
1,913
1,6a

93
76
167
102
150

45
102
166
82
113

188
86
75
99
113

222
141
141
158
156

159
153
276
178
150

114
53
305
200
250

130
288
93
150
160

249
162
226
170
123

149
284
284
164
106

269
249
178
186
71

98
168
154
141

93,585
104,937
74,665
118,973
141,177

5,933
7,643
5,628
6,062
11,366

6,713
7,799
6,016
5,890
12,078

3,328
9,443
5,676
9,086
13,333

9,570
9,432
5,959
9,490
13,895

8,658
9,291
5,357
8,933
11,282

7,141
10,072
5,171
10,566
12,328

8,209
10.493
6,560
10,077
11,369

8,139
9,574
6,316
10,977
12,270

7,913
8,612
7,^74
13,029
10,956

8,413
8,364
6,336
11,931
11,302

6,973
6,394
6,320
10,565
10,021

7,590
6,820
6,952
12,367
10,977

51,038
56,413
37,352
61,793
77,403

*

3,251
4,151
2,700
3,044
7,024

3,503
4,180
3,233
2,809
7,734

4,393
5,017
2,836
4,784
7,592

5,560
5,034
2,910
4,620
8,713

4,870
4,391
2,684
4,276
5,470

4,019
5,904
2,516
5,004
6,672

4,903
6,260
3,527
4,908
6,353

4,346
5,572
3,442
5,945
6,359

4,167
4,492
4,032
7,617
5,603

4,374
4,325
3,139
6,255
5,432

3,716
3,255
2,974
5,086
4,926

3,936
3,332
3,359
7,445
5,525

39,919
47,557
36,558
56,289
62,617

2,521
3,366
2,858
2,983
4,251

3,L20
3,476
2,725
2,998
4,264

3,707
4,313
2,733
4,239
5,664

3,757
4,298
2,974
4,795
5,065

3,499
4,326
2,613
4,607
5,734

2,924
4,132
2,595
5,482
5,598

3,094
4,193
2,963
5,109
4,950

3,537
3,966
2,820
4,934
5,757

3,493
4,045
3,776
5,313
5,249

3,790
4,467
3,637
5,608
5,760

3,009
3,572
3,281
5,395
4,970

3,463
3,403
3,533

2,628
967
755
891
1,157

161
126
70
35
91

90
143
58
83
80

228
113
57
63
77

253
100
75
75
117

289
74
60
50
78

198
36
60
80
53

256
36
54
98
154

248
75
66
94
104

254
72
60
68
110

248
67
65
34
125

191
85
60
101
97

Federal:

State member:

I94.3

Nonmamber:
1940

NO. 11 — PORTLAND
total:

1943
1944

Federal:
1941
1943

State member:
1942
1943
1944

Nonmember;
1942
1943

144
168
159 .
283
128

NO. 12 — LOS ANGELES
Total:
1942
1945
Federal:
1940
1941
IQ43
I944

State member:
1940
1942
1943
1944

,

5,355

Nonmember:
1941
1944
1945




212
40
70
60 •
66

19

Table 16.—Nonfarm mortgages of $20,000 and under recorded by type of mortgagee,
1939-1944
[Dollar amounts are shown in thousands]
S a v i n g s and l o a n
associations
•

Total
DUMBER:

^ a n k s and
t r u s t ooi". nanies

Insuranoe
oompanies

!.rutual
savings banks

Other
nortcar-ees

Individuals

Total

P e r .LOd

(Annual

Peroent

Total

Total

Percent

Peroent

Total

Percent

Total

Total

Percent

leroent

Total

Percent

Totals)
428,955
502,949
544,463
424,709
423,355
496,996

33.3
34.6
33.4
31.4
33.2
34.4

56,582
67,929
81,801
75,726
56,524
50,900

4.4
4.7
5.0
5.6
4.5
3.5

278,200
316,334
352,407
268,158
220,121
249,026

21.6
21.7
21.7
19.9
17.3
17.2

39,442
45,077
55,737
43,734
38,554
42,028

3.1
3.1
3.4
3.2
3.0
2.9

317,961
339,543
395,556
356,511
376,049
447,021

2-4.7
23.3
24.3
26.4
29.5
30.9

166,892
184,033
198,443
182,452
159,390
160,577

12.9
12.6
12.2
13.5
12.5
11.1

1,288,032
1,455,865
1,628,407
1,351,290
1,273,993
1,446,546

100.0
100.0
100.0
100.0
100.0

C1,058,206

30.2
31.G

$287,204
$333,724

8.2
6.3

£• 8 9 0 , 5 9 0
vl,005,893

25.4
25.0

£142,849
$169,907

4.0
4.2

£588,430
£640,350

16.8
15.9

£539,284
C597,866

15.4
14.8

£3,506,563 '
£4,031,368

1C0.0
100.0

$89,996
91,182
113,574
129,348
143,770
139,647
142,695
139,15G
135,754
138,670
113,353
112,764

29.3
30.7
32.6
32.5
33.0
32.4
32.2
32.5
31.9
31.0
30.0
28.7

£27,691
23,716
27,842
32,313
35,635
37,372
37,262
35,995
36,250
39,896
32,527
37,185

9.0
8.0
CO
8.1
8.2
8.7
8.4
8.4
8.5
-8.9
8.6'
9.5

$78,982
74,530
86,187
98,079
107,156
107,831
108,560
105,155
100,715
106,122
92,324
99,858

25.7
25.1
24.7
24.6
24.6
25.1
24.5
24.G
23.7
23.7
24.4
25.5

$12,926
11,658
14,007
16,885
19,698
20,499
21,075
19,211
20,799
22,775
19,645
19,250

4.2
3.9
4.0
4.2
4.5
4.8
4.8
4.5
4.9
5.1
5.2
4.9

$53,891
52,442
59,646
65,708
69,836
67,380
71,456
69,002
70,377
74,rn
64,024
64,524

17.5
17.7
17.1
16.5
16.0
15.6
16.1
16.1
1G.6
16.7
17.0
L',.4

044,154
43,335
47,624
55,972
59,864
57,487
61,901
59,580
61,034
65,636
55,810
58,774

14.3
14.6
13.6
14.1
13.7
13.4
14.0
13.9
14.4
14.6
14.6
15.0

$307,640
296,863
346,880
398,305
435,961
430,216
443,039
428,099
424,929
447,990
377,683
392,355

1,489,909

31.5

403,684

8.5

1,165,501

24.6

218,428

4.6

783,177

16.6

671,261

14.2

4,751,960

100.0

90,572
86,752
100,296
108,582
107,937
105,278
104,712
102,628
104,155
103,170
f0,970
75,494

28.2
29.9
30.2
30.8
30.8
39.6
30.5
30.1
28.9
29.1
28.4

31,062
28,546
32,650
34,466
31,780
29,764
31,898
28,299
31,448
32,577
25,950
23,303

9.7
9.7
9.7
9.6
9.1
C.7
9.0
8.4
9.1
9.1
9.3
8.8

77,634
70,224
78,088
82,087
77,668
74,600
80,740
72,490
77,541
79,237
58,530
57,064

24.1
23.7
23.3
22.8
22.2
21.8
22.9
21.5
22.4
22.2
21.0
21.5

13,520
10,402
12,160
15,305
15,899
16,031
15,665
14,783
14,801
14,804
11,585
10,626

4.2
3.5
3.6
4.2
4.5
4.7
4.4
4.4
4.3
4.2
4.2
4.0

59,033
53,383
60,322
62,707
63,807
62,730
64,808
62,824
65,423
67,623
55,830
54,207

18.4
18.0
18.0
17.4
18.2
18.3
18.3
18.6
18.9
18.9
20.1
20.4

49,575
46,734
52,120
56,821
53,196
53,847
55,688
55,826
52,596
59,672
45,456
44,712

15.4
15.8
15.5
15.8
15.2
15.7
15.8
16.6
15.2
16.7
16.3
16.9

321,396
296,041
335,636
359,968
350,167
342,250
353,511
336,850
345,964
357,083
278,321
265,406

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

1,170,546

29.7

361,743

9.2

885,803

22.4

165,581

4.2

732,697

18.6

626,243

15.9

3,942,613

100.0

19,900
18,064
22,198
24,558
24,435
26,613
25,586
24,072
23,996
25,141
23,116
22,188

8.7
8.2
8.2
8.0
7.5
7.6
7.3
6.8
6.3
6.5
6.5
6.7

48,676
44,266
53,217
63,419
65,698
65,673
64,792
68,075
72,166
74,920
64,901
66,720

21.3
20.1
19.8
20.5
20.1
16.8
18.4
19.1
19.0
19.4
18.3
20.1

8,009
7,882
9,505
11,088
12,930
14,701
15,303
16,029
15,306
14,978
15,117
12,206

3.5
3.6
3.5
3.6
3.9
4.2
4.3
4.2
4.0
3.9
4.3
3.7

50,583
49,854
59,662
65,e07
70,054
75,183
78,594
78,455
83,320
87,430
82,307
76,432

22.2
22.7
22.1
21.3
21.4
21.6
22.4
22.1
21.9
22.6
23.3
23.1

36,180
32,858
39,195
42,950
46,754
53,445
50,835
50,416
50,435
61,002
56,415
52,267

15.9
15.0
14.6
13.9
14.3
15.3
14.5
14.2
15.6
15.8
16.0
15.8

228,283
219,882
269,419
308,967
327,092
349,046
351,516
355,432
380,809
386,303
353,673
330,989

100.0

279,866

7.2

752,543

19.5

}52,054

3.9

857,681

22.2

581,752

15.1

3,861,401

20,585
18,753
22,660
19,671
21,794
22,215
24,707
22,646
22,432
20,985
20,543
19,182

6.8
6.1
6.1
5.3
5.4
5.3
6.0
5.2
5.4
5.0
5.2
5.3

62,180
60,346
70,570
72,438
79,083
79,453
80,858
83,094
77,000
76,181
71,752

9,731
9,294
11,255
12,338
14,882
15,536
15,261
15,920
15,447
16,552
15,176
13,662

3.0
3.1
3.4
3.7
3.7
3.7
3.7
3.7
3.9
3.9
3.8

72,600
72,246
89,136
89,466
95,730
99,140
98,194
104,215
104,479
109,767
103,513
95,568

24.0
23.3
24.2
24.2
23.6
23.5
23.9
24.2
25.1
26.0
26.3
26.5

46,966
47,300
. 53,409
47,926
53,858
59,394
53,354
55,066
50,676
51,223
48,296
[ 46,440

15.6
15.3
14.5
13.0
13.3
14.1
13.0
12.8
12.2
12.1
12.3

1 12.9

301,949
309,644
368,240
369,268
405,095
421,631
411,136
430,776
416,165
422,839
595,639
360,227

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

64,807

20.6
19.5
19.2
19.6
19.5
18.S
19.7
19.3
18.5
18.0
18.2
18.0

256,173

5.6

877,762

19.0

165,054

3.6

1,134,054

24.6

613,908;

13.3

4,610,629

100.0

1943
1945...

AMOUTIT:

( M o n t h l y and A n n u a l
1939

Totals)

1941

July

TOTAL

100.0
100.0

1942

At>ril
1Ay
July

1943
64,935
66,928
85,642
101,135 ,
107,221
113,431
116,406
119,3f,5
126,586
122,832
ill,fin
101,176

A
11
"'av
June
Julv

1,237,505

28.4
30.4
31.8
32.7
32.8
32.5
33.1
33.6
33.2
31.8
31.630.6
32.1

100.0
100.0
100.0
100.0

1944

Julv

j

|

1,563,678

TOTAL
1945

20




89,Cr,7
101,705
121,210
127,429
139,748
145,893
138,762
149,835
146,151
148,131
134,359
120,568

29.8
32.8
32.9
34.5
34.5
34.6
33.7
34.8
35.1
35.0
34.1
33.5
35.9

1

1

|

I

100.0
100.0

Table 17.—Nonfarm mortgages recorded by Federal Home Loan Bank District and State, and by
type of mortgagee, 1941-1944
[Dollar amounts are shown in thousands]
Insurance companies

Savings and loan a s s o c i a t i o n s
F e d e r a l Home Loan Bank
D i s t r i c t and S t a t e

lf41

1942

1943

1944

$256,173

8.5

9.2

7.2

5.6

5,663

3.5

4.1

2.8

1.6

5,048
509
2,582
154
139
92

3,530
275
1,748
21
85
4

9.5
4.4
1.2
0.6
2.2
0.7

10.1
4.6
1.6
1.9
1.6
3.4

6.5 •
2.5
1.6
1.3
0.6
1.3

4.2
1.1
0.9
0.1
0.3
0.0

21,983

21,031

21,028

5.e

5.0

5.2

4.3

11,220
10,763

8,140
12,891

7,770
13,258

7.2
4.9

5.9
4.4

5.3
5.1

5.1
3.9

24,695

26,997

21,170

22,206

7.0

8.5

7.4

6.9

1,901
If ,611
4,183

2,178
20,185
4,634

2,342
15,594
3,234

1,458
17,590
3,158

20.9
6.2
9.3

18.4
7.4
13.7

21.0
6.4
9.9

14.4
6.4
8.7

37.5

59,218

51,849

47,112

34,166

10.7

12.2

11.9

7.4

18.0
52.0
18.5
36.6
56.1
46.6
21.3
38.3

6,515
7,702
17,273
7,887
2,891
7,633
3,114
6,203

6,179
6,211
9,806
7,291
2,994
4,409
3,014
11,865

5,760
4,015
8,876
6,086
3,244
3,900
2,620
12,611

5,974
3,044
10,208
3,297
1,740
5,819
2,444
1,640

17.4
10.1
18.7
12.1
3.7
9.0
10.0
7.2

18.8
10.9
19.3
14.6
3.6
8.6
14.1
15.1

20.1
8.1
13.6
13.4
4.3
9.3
14.2
17.4

19.5
5.2
10.1
6.2
2.1
11.1
11.6
2.6

50.1

52.7

47,711

42,958

32,293

24,284

8.4

9.0

6.7

4.3

54.9
53.8
14.4

60.9
56.9
13.2

7,150
30,859
9,702

5,788
28,582
8,688

5,531
19,886
6,876

3,968
12,200
8,116

11.2
7.1
1S.8

12.5
7.5
17.4

13.3
5.0
14.9

2.7
13.8

1944

1941

1942

1943

1941

1942. 1943

$1,237,505j $1,563,678

31.5

29.7

32.1

33.9

$403,684

$361,743

$279,866

101,873

128,467

36.4

34.8

33.5

35.7

14,841

14,150

8,524

12,760
5,638
71,014
2,656
8,210
1,595

16,639
7,061
'88,513
3,624
10,495
2,135

15.7
27.2
47.6
25.4
39.2
25.4

15.1
31.4
45.2
27.6
37.6
29.6

16.5
27.6
43.1
22.2
36.9
22.2

19.6
28.5
45.1
23.2
37.0
23.2

10,412
865
2,795
97
597
75

9,316
1,048
2,966
223
345
252

86,921

78,312

114,724

21.6

19.9

19.2

23.4

29,908

38,604
48,317

31,601
46,711

37,601
77,123

20.8
22.1

20.2
19.6

20.4
18.5

24.6
22.9

14,593
15,315

99,139

85,474

91,163

111,729

28.1

26.8

31.6

34.8

1,019
80,090
10,022

2,241
75,056
8,177

2,016
79,975
9,172

2,306
99,409
10,014

11.2
29.4
22.3

18.9
27.5
24.1

18.1
32.7
28.1

22.7
36.1
27.8

204,072

150,826

139,266

173,628

37.1

35.4

35.1

5,623
34,414
25,234
19,712

4,632
24,925
8,833
14,909

3,885
24,629
12,507
13,076

40,081
10,020
27,098

25,303
5,694
23,824

19,959
4,180
21,045

5,503
30,635
18,613
19,605
45,887
24,410
4,477
24,498

15.1
45.4
27.4
30.2
53.7
47.5
32.1
31.4

14.0
43.9
17.3
29.9
50.9
49.2
26.6
30.3

13.6
49.6
19.2
26.9
53.3
47.5
22.7
29.0

272,524

227,249

242,911

298,145

47.9

47.5

32,541
232,060
7,923

23,555
196,523
7,171

22,775
213,460
6,676

29,206
261,135
7,804

50.8
53.4
11.2

50.8
51.3
14.6

1941
$1,489,909

U , 170,546

152,248

118,953

17,169
5,334
112,539
4,185
10,449
2,572

13,893
7,215
84,117
3,156
8,337
2,235

111,073
41,969
69,104

UNITED STATES

1942

1943

1944

P e r c e n t of t o t a l

D o l l a r volume

P e r c e n t of t o t a l

D o l l a r volume

1944

e.3

87,525

69,525

71,856

87,786

27.1

24.2

28.2

31.8

43,249

39,542

29,124

31,225

13.4

13.7

11.4

11.3

53,801
33,724

44,746
24,779

47,623
24,233

57,542
30,244

41.1
17.6

37.7
14.6

45.5
16.2

47.9
19.4

17,755
25,494

14,263
25,279

7,626
21,499

9,080
22,145

13.6
13.3

12.0
14.9

7.3
14.3

7.5
14.2

147,791

113,811

128,626

177,728

34.6

32.0

36.5

41.1

27,659

23,838

16,481

16,052

6.5

6.7

4.7

3.7

114,222
33,569

85,673
27,938

98,006
30,620

134,161
43,567

35.1
32.9

32.8
30.0

37.6
33.3

41.9
38.8

21,370
6,289

18,416
5,422

10,789
5,692

10,850
5,202

6.6
6.2

7.0
5.8

4.1
6.2

3.4
4.6

90,820

1'ississippi.........*....*.
New "exioo
•••••




60,035

76,403

99,273

30.1

27.5

32.0

33.7

36,811

30,575

23,017

23,996

11.7

12.4

9.7

8.1

21,373
36,402
31,577
3,749
1,719

16,346
23,051
25,583
2,267
788

19,000
20,627
25,474
2,114
1,188

24,347
36,595
33,042
3,356
1.933

34.6
38.1
22.2
48.4
21.5

34.2
34.7
20.6
45.7
19.6

42.5
44.8
21.2
41.5
24.6

43.8
45.1
23.0
47.1
29.7

6,165
14,348
13,708
915
1,675

3,860
12,819
12,786
682
428

2,509
8,249
11,504
595
160

2,127
7,445
13,523
607
214

10.0
15.0
9.7
11.8
21.0

8.1
19.3
10.3
13.e
10.6

5.6
12.9
9.6
11.7
3.3

3.8
9.2
9.4
9.6
3.3

87,726

Iowa

77,819

82,963

98,453

31.8

30.9

37.9

38.2

45,853

49,923

30,518

31,143

16.6

19.8

14.0

12.1

6,275
30,155
3,767
1,980
45,549

5,098
26,010
3,205
1,806
41,700

4,825
27,736
2,923
1,733
45,746

5,600
31,975
3,728
1,948
55,202

33.5 .28.2
46.9 49.3
21.2 1 9 . 1
21.6 2 2 . 9
27.5 2 6 . 7

32.7
59.8
20.1
29.1
33.3

38.8
55.5
26.7
28.2
33.5 .

2,519
8,379
2,860
236
31,859

3,182
9,04*0
3,073
497
34,131

2,315
2,829
2,713
81
22,580

567
3,752
1,642
51
25,131

13.4
13.1
16.1
2.6
19.2

17.6
17.1
18.3
6.3
21.9

15.7 I 3.9
6.5
6.1
18.6 11.7
0.7
1.4
16.5 15.3

66,506

56,044

66,893

79,711

38.9

37.4

40.7

42.4

14,613

13,115

10,580

9,716

8.6

8.8

10,579
17,759
15,443
22,725

8,376
15,307
11,097
21,264

9,949
19,734
11,428
25,782

11,370
23,048
13,917
31,376

25.5
44.7
47.0
40.1

23.8
42.0
45.4
39.5

25.7
51.0
40.2
44.0

22.7
59.1
47.6
45.1

1,839
2,477
6,426
3,871

1,068
2,176
5,047
4,824

847
1,479
4,758
3,504

1,314
1,603
3,703
3,096

4.4
6.2
19.5
6.8

3.1
6.0
20.6
9.0

2.2
3.8
16.7
6.0

2.6
4.1
12.7
4.4

52,463

37,440

41,458

47,254

30,2

26.1

26.9

27.8

13,752

10,672

6,125

5,116

7.9

7.6

4.0

3.0

3,793
3,467
11,733
5,167 i
21,543
1,551

24.6
34.6
31.1
29.6
29.7
33.8

21.6
33.1
24.7
32.2
24.2
35.9

34.7
37.0
24.1
28.4
25.7
37.5

35.2
40.1
28.4
25.3
26.0
26.5

644
1,041
5,042
1,402
5,584
39

434
663
4,156
1,290
4,278
51

239
269
3,130 |
1,074
1,387
6

362
166
2,341
1,283
937
27

5.4
9.3
12.3
6.3
7.0
0.5

17.8

15.6 1 9 . 4

18.5

45,374

35,941

33,883

31,578

7.1

7.1

5.7 I

18.3
19.4
18.5

9.6
18.7
18.7

460
44,812
102

281
35,579
81

266
33,516
101

221
31,296
61

2.6
7.2
2.6

2.1
7.3
2.2

1.9
5.8
2.9

2,949
3,872
12,771
6,569
23,882
2,420

1,421
2,293
7,834
6,503
17,796
1,593

2,921
2,566
9,205
4,614
20,331
1,821

114,022

78,449

115,781

146,780

3,260
110,038
724

2,870
74,780
799

2,523
112,608
650

18.8
1,533
17.8
144,436
811 1 18.7

21.2
15.4
21.6

6.4 1

5.2

3.4
1.9
5.7
6.3
1*1
0.5

2.9
6.6
4.2
9.6
8.2
13.1
6.6
6.4
5.8 ! 1.8
1.2
0.0

4.0

14 . 1A
1
1.4

21

Table 17.—Nonfarm mortgages recorded by Federal Home Loan Bank District and State, and by
type of mortgasee, 1941-1944—Continued
[Dollar amounts are shown in thousands]
Banks and t r u s t companies

Federal Hooe Loan Bank
D i s t r i c t and State

Dol] ax volume

Mutual savings tanks

Percent of total

19la

1942

1943

1944

$1,165,501

$885,803

$752,5*3

$877,762

47,492

35.753

30.277

41,589

21.0U3
4,116
15,277
1,690
4,328
1,038

15,011
3.658
11.914
1,254
3,056
860

12,954
2,007
10,0q6
1,145
3.387
688

19,404
2.551
12,466
1.570
4.672
926

19.3
21.0
6.5
10.2
16.2
10.2

113.377

90,262

59,766

62,613

66,246
47.131

53,277
36.985

33.038
26,728

113,242

86,961

3,258
90.736
19,248

2,358
71,827
12,776

93,378
8,262
8,017
12,094
13.446
10,865
13.739
6.079
20,876

1941

Dollar rolune

Percent of t o t a l

Oeoreia
Maryland
Virginia

Ohi#

1942

19*3

1944

24.6

22.4

19.5

19.0

$218,428

$165,581

$152,054

$165,054

4.6

4.2

3.9

3.6

11.4

10.5

10.0

11.6

108,551

82,824

73.102

82,761

25-9

24.2

24.0

23.0

16.3

22.8
10.3
6.3
10.1
16.5
10.1

27,364
*.907
58,486
7.923
5.001
4,870

19.979
5.971

15.899
6.565

11.0
13.8
11.4

16.7
9.8
6.1
9.6
15.2
9.6

25.0
25.0
2*. 7
48.1
I8.7
48.0

21.8
26.0
24.6
38.0
18.7

16.0
3*.7
23.6
41.6
13.5
41.4

22.0

20.6

i*-7

12.8

31.416
31.197

32.8
15.1

27.8
15.0

21.3
10.6

72.937

76.735

.32.0

27.3

1,880
58,786
12,271

1,838
61,206
13.691

35.8
30.3
42.8

19.?
26.*

65,816

50,816

60,254

17.0

15.*

5.228
4.690
7,284
10.325
9.798
8.257
4,888
15,3*6

4,314
4,984
6,828
9,914
8,086
2.75*
3.361
10.575

6.356
5.179
8,405
12,260
9.305
4.319
4,431
9.999

22.1
10.6
13.1
20.6
13.9
16.3
19.5
2*. 2

15.9
8.2
14.2
20.7
11-7
16.O
22.9
19.5

102,596

98,122

111,826

23.5

17.*67
93.*72
22,727

11,892
81,480
9,224

8,489
81,869
7.764

?.*7i
94,098
8.257

27.3
21.5
32.3

95,*3*

70,586

80,6o4

36,530
58,904

27,162
43,424

30,244
50.360

89,448

AlaDama

194l

39,357
73,504

Hew York

1944

112,861

Maine

19*3

133,666

UNITED STATES

1942

71.026

61,774

67.5*0

47.773
23.253

40,395
21,379

44,444
23,096

62,561
26,887

3.5*8
2.761

33.*

80.786

53.688

61,158

15.7

13.2

13.2

12.5

20.5
9-2

6,010
74,776

6,593
50,963

6.180
47,508

6.367
5*.791

3.0
23.9

3.*
20.7

18.8

4.2
16 2

25-3

23.9

io,373

9.72*

6,712

5.5*9

2.9

3.1

2.3

1.7

16.9
24.1

18.1
22.3
38.0

704
9.669

1.086
8,638

750
5.962

400
5.1*9

7.7
3.2

9.1
3.2

11
:

3.9

12.8

13.0

2,559

2.312

1.317

1.590

0.5

0.5

0.3

0.4

15.1
10.0
10.5
21.9
10.8
6.6
18.2
14.6

20.8
8.8
8.3
22.9
11.4
8.3
21.1
15.6

2.559

2,312

1.317

1.590

3.3

2.8

1.8

2.0

21.4

20.3

19.8

7.125

6,464

9.073

6.899

1.2

1.4

1.9

1.2

25.6
21.3
18.7

20.5
20.7
16.8

19.7
20.5
14.0

7.125

6,464

9.073

6,899.

i?6

1.7

2.3

1,5

35.0

33.1

27.7

29.2

*97

356

438

27*

0.1

0.1

0.2

0.1

30.1
38.3

30.8
34.8

25.9
29.0

25.2
32.3

497

356

438

27*

0.4

0.3

0.4

0.2

20.9

20.0

17.5

15.6

279

227

x

137

0.1

0.1

0.0

0.0

19.2
26.4

18.2
25.0

15.5
23.2

13.9
20.5

279

227

133

137

0.3

0.2

0.1

0.1

22.0

22.8

1.568

1,083

i.*97

1.444

0.5

0.4

0.6

0.5

28.8
15.2
24.6
15-7
33.2

i.*97

1,444

l76

i76

2.3

l.f

-

-

-

-

„

37.7 37.5

66,97*

23.9

18,603
16,206
36,684
1.344
2,484

14,299
10,161
31,144
726
1,462

12,889
7.383
29,624
805
1.723

16,016
12.373
35.302
1,122
2,161

30.2
17.0
25.8
17.*
31.1

30.0
15.3
36.3

28.8
11.5
24.6
15.8
35.9

22,660

18,406

20.965

11.6

9.0

8.4

8.1

3,887
2,975
3.848
4,462
16,698

3,260
1.538
2,786
3.405
11,671

2.274
1,503
2,213
1.615
10,801

2,960
2.005
2,579
1,643
11,778

20.7
4.6
21.7
48.8
10.1

18.0
2.9
16.6
43.2
7.5

15.4
3-2
15.2
27.2
7.9

20.5
3.5
18.5
23.8
7.1

23,428

26,233

26,344

15.7

15.6

15.9

l4.0

4,340
9.524
3.537
9,409

2.737
8,469
3.077
9.1*5

3.383
6,256
5.956
10,638

4,611
6,075
4,408
11.250

10.5
23.9
10.7
16.6

7.8
23.3
12.6
17.0

8.7
16.2
20.9
18.2

9.2
15.6
15.1
16.2

41,286

31,106

32.277

39.316

23.8

21.7

21.0

23.2

3.152
2.378
5.102
11,248
17.819
1.587

963
1,227
3.271
.8.771
16,052
822

1,188
1.015
3.*27
6.319
19,288
1,040

1.554
26.5
21.3
1.567
3.670 , 1 2 . 4
50.6
7.238
22.2
23.388
22.2
1.899

14.6
17.7
10.3
43.4
21.8
18.5

14.1
14.7
9.0
38.8
24.4
21.4

14.4
18.1
8.9
35.4
28.2
32.5

286.750

202,969

178.925

223,002

5.520
280,001
1,229




57.792

23.4

26,810

22

1944

*.159
2.519
57.556

52,424

*,77l
1 196.938

2,836
175.327
762

2.792
219.527
683

1.260

19*3

20.5
32.1
24.1
38.5
16.0
38.5

31.870
Arkansas

1942

13.648
8,610
46,405
6.479
3.813
3.806

1:94

75.321
Iowa

19*1

Si

**£

4i5?2

33

1,568

1,0*3

-

-

-

1

]

-

\

-

-

-

-

-

-

-

1

:

\

\

\

:

-

•

\
-

1.9

_

_
»
-

_
_
-

6,690

5.035

6.094

5.2*2

3.8

3.5

4.0

3.1

581

*33

471

565

1?4

1.4

1.2

1.4

6,109

4,602

5.623

4.677

7~6

6O

7-1

44.8

40.2

29.9

28.2

-

-

-

-

-

-

-

4^2
31.8

35-3
40.4
3*.l

20.6
30.2
21.7

17.4
28.4
15.7

:

1

\

-

-

"

-

sr
-

Table 17.—Nonfarm mortgages recorded by Federal Home Loan Bank District and State, and by
type of mortgagee, 1941-1944—Continued
[Dollar amounts are shown in thousands]
Other mortgagees

Individuals

Dollar volume

Percent of t o t a l

Dollar volume

A l l lenders

Dollar volume

Percent of t o t a l

1943

1944

1941

1942

1943

1944

1941

1942

1943

1944

18.6

22.2

24.6

$671,261

$626,243

$581,752

$613,908

14.2

15.9

15.1

13.3

$4,731,960

$3,942,613

$3,86i,4oi

$4,610,629

18.5

18.6

18.8

25,192

27,151

33.637

33.268

6.0

7.9

11.1

9-3

418,492

342,205

303.974

359.388

16.5
17.5
17.4
13.2
15.4
13.2

19.4
17.6
18.4
18.6
17.1
I8.3

21.8
23-7
15.6
23.7
21.4
23.7

24.4
22.7
14.9
22.4
22.6
23.0

15,282
962
6,074
415
2,203
256

15.887
1,038
7,109
328
2,492
297

13.943
885
15.712
568
2,188
341

11,083
676
18,019
402
2,876
212

i4.o
4.9
2.6
2.5
8.3
2.5

17.3
4.5
3.8
2.9
11.2
3.9

18.0
4.3
9-5
4.7

13.0
2.7
9.2
2.6
10.1
2.3

109,263
19.631
236,286
16,483
26,682
10,147

91.855
22,966
186,217
11,429
22,193
7.545

77.437
20,447
164,748
11.945
22,223
7.174

85,108
24,816
196,336
15.582
28,350
9.196

156,028

20.1

24.7

27.8

31.8

76,007

72,803

81,189

74,840

14.8

16.6

19.9

15.2

514,619

437.399

407,157

490,391

43,393
112,635

19.8
20.3

23.0
26.0

26.8
28.4

28.4
33.4

33,052
42,955

37.709
35.094

34,316
46,873

26,271
48,569

16.4
13.7

19.7
14.3

22.2
18.6

17.2
14.4

201.975
312,644

191,384
246,015

154,678
252,479

152,818
337.573

55.331

64,185

16.7

17.5

19.2

20.0

47,046

53.559

40,926

40,880

13.3

16.8

14.2

12.7

353,405

318,415

288,239

321,284

2,970
46,172
6,189

2,879
54.317
6.989

17.8
16.5
18.0

23.8
17-1
18.1

26.7
18.9
18.9

28.3
19.7
19.4

603
43,035
3,408

1.169
50,218
2,172

1,175
37,932
1,819

1,281
37,401
2,158

6.6
14.4
7.6

9.9
18.4
6.4

10.6
15.5
5.6

12.6
13.6
6.1

9,io4
299.360
44,94i

11,852
272,656
33.907

11.133
244,421
32,685

10,162
275.072
36.050

92.315

106,846

150,126

20.2

21.7

26.9

32.4

80,068

63,035

51,355

42,989

14.5

14.8

13.0

9.3

550.663

426,153

396.712

462,753

10,078
12,146
17,693
9,808
13,240
8,720
4,448
16,182

8,853
11,277
30,984
10,073
12,988
9,921
5,215
17.535

9,527
15.709
54,127
12,944
18,080
12,120
6,718
20,901

25.7
18.6
24.3
19.4
16.5
15.0
22.5
23.1

30.6
21.4
34.5
19.6
15.8
16.9
20.8
20.6

30.9
22.7
47.5
22.2
17.3
23.6
28.3
24.2

31.2
26.7
53.7
24.2
22.1
23.1
31.9
32.7

7,352
11,572
15,205
11,525
6,950
10,292
4.965
12,207

6,806
8,867
7,520
7,571
12,769
4.791
3.334
11.377

5.807
4,764
5,988
6.149
9.365
5,482
3.060
10,740

3,205
4,299
9.416
5,382
5.134
5.693
2,968
6,892

19.7
15.3
16.5
17.7
8.9
12.2
15.9
14.1

20.7
15.6
14.7
15.2
15.2
9.3
15.6
14.5-

20.3
9.6
9.2
13.6
12.5
13.0
16.6
14.8

10.5
7.3
9.4
10.1
6.3
10.9
14.1
10.8

37.366
75,835
92,192
65.213
78,052
84,440
31.198
86.367

32,923
56.839
51,216
49,904
83,819
51,480
21,378
78,594

28,619
49.669
65.183
45,298
7^.985
42,016
18,436
72.506

30.565
58,866
100,769
53.488
81.736
52.361
21,038
63.930

51.065

48,474

56.729

71.898

9.0

10.1

11.7

12.7

57,189

50.961

45.174

52.857

10.0

10.6

9.3

9-3

569,280

478,702

484,302

565.909

3.453
40,718
6,894

2,852
41,461
4,l6l

2,834
49,194
4,701

3.575
61,205
7,118

5.4
9.4
9.8

6.2
10.8
8.4

6.8
12.4
10.1

7.5
13-3
12.1

3.396
30,608
23,185

2,277
28,489
20,195

1,850
23,075
20,249

1.745
23.479
27.633

5.3
7-0
32.9

4.9
7.4
40.9

4.5
5.8
43.8

3.6
5.1
46.9

64,007
434,842
70,431

46,364
382,999
49.339

41,479
396.557
46,266

47.965
459.016
58,928

33.127

30,970

30,448

38,669

10.3

10.8

12.0

14.0

45,435

52,224

52,269

37,484

14.1

18.1

20.5

13.6

322,694

288,051

254,721

276,042

9.760
23.367

10,207
20,763

10.305
20,143

12,876
25,793

7.4
12.2

8.6
12.3

9.8
13.4

10.7
16..6

9.673
35,762

12,527
39.697

11,609
40,660

10,214
27,270

7.4
18.6

10.6
23.4

11.1
27.1

8.5
17.5

130,843
191,851

118,629
169,422

104,762
149.959

120,230
155,812

64,173

56,404

59.626

76,532

15.0

15-9

16.9

17.7

97.968

89,952

85,926

94,854

22.9

25.3

24.4

21.9

427,318

355.258

352.566

432,843

38.552
25,621

31.686
24,718

33,797
25,829

43,590
32,942

11.9
25.1

12.1
26.6

13.0
28.1

13.6
29.3

88,647
9.321

78,448
11,504

77.591
8,335

87,336
7.518

27.2
9.1

29.9
12.4

29.8
9-1

27.2.
6.7

325,352
101,966

262,196
93.062

260.578
91.988

320,381
112,462

48,464

43.883

49.969

60,633

15.4

17.8

20.9

20.6

57.932

45,834

35.419

42,014

18.4

18.5

14.8

14.3

314.916

247,202

238.729

294,334

8.550
17.863
19.094
1,248
1.709

7.158
13.373
21,206
977
1,169

7,461
13,528
26,162
1.329
1,489

9.711
16,524
30,835
1,614
1.949

13-9
I8.7
13.5
16.1
21.4

15.0
20.1
17.1
19.7
29.0

16.7
21.2
21.8
26.1
31.0

17.4
20.3
21.4
22.7
29.9

6.976
9,218
40,857
486
395

6,063
5.936
33.349
306
180

2,848
4,660
27,419
253
239

3,431
6.853
31.125
349
256

11.3
9.6
28.8
6.3
5.0

12.7
9.0
26.9
6.2
4.5

6.4
7-3
22.8
4.9
5.0

6.2
8.4
21.6
4.9
3-9

61,667
95,605
141,920
7,742
7.982

47.726
66,423
124,068
4,958
4,027

44,707
63,944
120,183
5.096
4.799

55.632
81,234
143,827
7,128
6,513

49.338

47.714

58,226

76,127

17.9

19.0

26.6

29.6

60,817

53,560

28,707

30,953

22.1

21.3

13.1

12.0

275.604

251,676

218,820

257,641

3.967
9.433
4,303
2,186
29,449

3.267
9.118
4,420
1,848
29,061

3.909
10,073
4,284
2,336
37.624

4,854
14,125
4,796
2,904
49,448

21.2
14.7
24.2
23.9
17.8

18.0
17.3
26.4
23.5
18.6

26.4
21.7
29.4
39-3
27.4

33-6
24.5
34.3
42.0
30.0

2,091
13,307
2,992
281
42,146

3.297
7,088
3.283
320
39,572

1.445
4,271
2,435
179
20,377

459
5.734
1,229
362
23,169

11.2
20.7
16.8

18.2
13.4

3-2
10.0
8.8

25.4

25.3

9.8
9.2
16.7
3.0
14.9

14.1

?*3

18,739
64,24§
17.770
9.145
165,701

18,104
52,794
16,767
7.876
156,135

14,768
46,412
14,568
5.944
137,128

l4,44o
57.591
13.974
6.908
164,728

29,572

27,777

39.615

52,824

17.3

18.6

24.1

28.1

33,332

29,402

21,142

19.322

19.5

19.6

12.9

10.3

170.833

149,766

164,U71

187.917

13,480
3.723
3.909
8,460

13.554
3.563
3.252
7.408

19.406
4,518
4.617
11,074

25,624
5.689
5,268
16,243

1:5
11.9

50.0
11.7
16.2
18.9

SI.2
14.6
18.0
23.3

11,251
6,280
3.573
12,228

9.433
6.874
1.972
11,123

5.215
6,702
1,691
7.534

7,160
2,588
1,916
7,658

27.1
15.8
10.9
21.6

26.8
18.9
8.1
20.7

13.4
17.3
6.0
12.9

14.3
6.6
6.6
11.0

4i,489
39.763
32,888
56,693

35,168

14.9

38.5
9.8
13.3
13.8

24^445
53.764

38,800
38,689
28,450
58.532

50.079
39.003
29,212
69.623

24,475

21,786

29,888

37.190

14.1

15.2

19.4

21.9

35.146

37,150

37.957

35.742

20.2

25.9

24.7

21.0

173.812

143.389

153.799

169,860

2,516
3,063
8,539
1,872
6,759
1,726

2,111
2,229
7,887
2,127
6.097
1.335

2.737
2,746
12,741+
2,269
7,557
1,835

3.461 21.1 32.1
3.181 27.4 3 2 . 2
15.974 20.8 24.8
2,957 ! 8 . 4 1 0 . 5
8.4
8.3
9.392
2,225 24.1 30.1

32.5
39.6
33-3
13.9
9.5
37.8

32.1
36.7
38.7
14.5
11.3
38.0

2,645
823
9,002
1.133
20,150
1,393

1.647
512
8.173
1,516
24,670
632

1,332
314
9,227
1.995
24,928
161

1,608
278
6.994
3.788
22,930
144

22.2
7.4
22.0
5-1
25.1
19.4

25.1
7.4
25.7
7.5
33-6
14.3

15.8
4.5
24.2
12.3
31.5
3.3

14.9
3-2
16.9
18.5
27.7
2.5

11,906
11.177
41,037
22,224
80,303
7,165

6,576
6,924
31,754
20,207
73.495
4,433

8,417
6.930
38,204
16.271
79.114
4.863

10,778
8.659
41,277
20,433
82,867
5.846

139,049

136.426

201,271

282,202

21.7

27.1

33.6

35.6

55,129

50,612

68,051

108,705

8.6

10.0

11.4

13.7

640,324

504,397

597.911

792,267

7,002
130,486
1,561

5,024
130.034
1,368

7.561
191.864
1,846

10,760
268,830
2,612

40.3
21.1
40.3

37-1
26.7
37.1

54.9
33.0
52.5

67.1
34.8
60.2

1,136
53.739
254

578
49,851
183

584
67,310
157

718
107,812
175

6.5
8.7
6.6

4.3
10.2
5.0

H

4.5
14.0
4.0

17,378
619.076
3,870

13,524
487,182
3.691

13.770
580,625
3,516

16,024
771.901
4,342

1941

1942

$857,681 $1,134,054

16.6

56,561

67,640

16.8

17.993
3,447
Ui,ll5
2,173
4,104
1.336

17.769
4,036
34,260
2,123
3.804
1,382

16,833
4,843
25,609
2,828
4,751
1.697

20,804
5,643
29,185
3,486
6,409
2,113

103,468

107.874

113.171

40,105
63.363

43,981
63.893

4i,403
7L768

58.910

55.700

1.619
1*9,211
8,080

2,820
46,732
6,148

111,368
9.6it
14,130
22,386
12,643
12,905
12,695
7,012
19.983

19^1

1942

$783,177

$732,697

70,168

63.374

!

1943




1944

11.6
4.4

194l

1942

1943

1944

23

Table IB.—Summary of Federal Home Loan Bank advances for the United States/ by months,
1936-1944
[Thousands of dollars]
Type of operation

Annual

July

August

$11,560
17,769
14,846
16,839
23,481
29,317
21,144
18,066
64,833

$ 8,507
10,221
4,944
6,823
15,543
12,867
7,931
18,650
28,481

2,257
4,825
4,791
5,572
6,186
5,688
11,017
10,858
14,978

.2,895
4,203
5,131
5,789
3,593
4,692
9,664
7,096
8,162

110,922
153,491
186,510
157,911
137,509
145,273
181,165
79,221
71,606

118,587
167,057
196,225
168,962
157,397
169,897
192,645
90,192
128,278

January

February

March

April

$ 93,257
123,251
81,958
94,781
134,212
157,600
99,462
156,925
239,254

% 5,071
6,570
3,723
2,923
4,386
6,143
9,017
11,808
28,949

$ 3,784
4,260
4,071
2,334
2,011
3,182
4,857
1,240
13,280

$ 4,511
8,591
4,901
3,898
4,375
4,201
7,887
1,532
3,190

$ 5,836
9,6a
6,089
3,581
4,973
5,799
5,411
16,728
3,468

$ 7,207
12,170
7,551
6,307
9,884
9,133
6,884
2,710
3,939

50,651
68,557
83,211
112,310
114,033
139,645
189,695
176,070
218,759

5,065
8,225
13,279
22,913
28,911
36,786
22,395
27,621
24,452

3,642
6,800
7,091
10,571
14,284
17,132
13,492
19,015
13,690

4,096
7,077
9,293
12,899
11,248
15,141
13,814
18,549
17,965

3,222
6,214
5,465
8,018
8,805
9,929
11,618
7,965
20,201

102,800
143,745
190,538
178,852
156,788
170,849
206,068
113,399
114,564

102,942
ia,205
187,518
170,614
144,515
156,899
197,432
95,624
114,154

103,358 105,972
142,720 146,146
183,125 183,750
161,614 157,176
137,642 133,811
145,959 141,828
191 ,'505 185,298
78,607
87,369
99,378
82,645

September

October

November

December

$ 7,831
11,116
4,294
7,768
12,209
10,872
4,264
3,672
4,072

% 9,576
9,330
6,561
10,152
12,897
12,850
4,157
56,501
6,993

$ 9,487
8,991
4,736
9,605
12,067
13,139
5,690
8,299
4,181

$ 6,414
7,001
5,247
5,827
8,953
9,930
4,011
5,093
30,737

$13,473
17,591
14,995
18,724
23,433
40,167
18,209
12,626
47,132

4,993
7,707
9,277
14,198
10,718
14,619
26,983
17,301
20,6a

4,7H
5,080
6,768
9,885
6,029
6,390
17,656
13,847
26,516

5,027
5,426
6,429
5,935
5,251
7,287
19,606
7,502
25,466

4,313
4,461
5,066
4,638
6,588
7,019
19,065
11,981
18,869

4,094
3,707
4,780
5,659
4,932
7,157
13,503
15,421
10,872

5,333
4,832
5,841
6,233
7,488
7,805
10,882
18,914
16,947

122,101
169,571
191,892
161,587
162,222
168,145
173,593
91,541
136,118

125,218
175,607
189,418
159,470
168,402
172,628
160,201
81,366
113,674

129,767
179,511
189,550
163,687
176,047
178,191
144,752
130,365
95,201

134,9a
184,oa
189,220
168,654
181,526
184,311
131,377
126,683
80,513

137,261
187,336
189,687
168,822
185,547
187,084
121,886
116,356
100,378

145,401
200,095
198,842
181,313
201,492
219,446
129,213
110,068
130,563

May

ADVANCES
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
REPAYMENTS
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
BALANCE OUTSTANDING AT
END OF MONTH
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945

Table 19.—Balance of advances outstanding for each Federal Home Loan Bank, by months,
1936-1944
[Thousands of dollars]
Federal Home Loan Bank
District and year

No. 1 —

February

April

August

September

BOSTON
$ 3,377
6,362
8,068
5,930
4,634
6,525
11,482
5,395
5,598

$ 3,519
7,540
8,261
6,369
5,743
7,532
11,647
5,564
8,135

$ 3,531
7,788
8,230
6,323
7,324
8,632
11,212
4,315
12,903

$ 3,844
8,003
8,107
6,308
7,788
9,325
9,991
3,857
6,699

$ 3,996
8,189
8,176
6,283
8,394
9,950
10,157
11,725
5,728

$ 4,139
8,717
8,306
6,764
9,492
12,506
10,510
12,620
5,516

f 4,487
?
8,764
8,655
6,617
9,570
12,708
10,181
10,256
10,361

$ 5,550
9,803
8,566

15,506
17,991
17,894
15,981
17,864
15,912
25,894
18,851
11,999

15,899
18,352
17,530
16,350
17,016
15,912
25,343
17,046
10,506

16,113
19,084
17,604
16,926
17,835
17,408
26,716
16,5a
20,122

16,488
19,409
17,251
17,127
19,448
17,447
26,742
15,745
20,504

16,681
19,200
17,191
16,321
19,598
18,055
25,589
14,251
17,854

17,242
18,897
17,245
17,556
19,998
20,108
23,784
19,234
14,524

17,708
19,245
17,211
19,163
20,211
21,167
22,518
18,668
13,297

17,608
19,216
17,373
18,886
20,760
21,778
21,813
17,956
12,382

18,051
19,906
18,255
19,820
21,159
24,975
23,761
16,942
11,997

11,840
13,898
16,515
16,203
13,690
13,327
14,634
8,438
9,357

12,180
14,204
16,781
16,128
13,742
13,443
14,268
7,861
9,324

12,440
14,584
17,312
16,584
14,913
15,232
15,523
8,075
12,522

12,640
14,815
17,362
16,064
15,595
15,728
14,477
9,211
12,0a

12,826
15,310
17,461
15,514
16,186
16,140
13,791
8,813
11,690

13,116
15,335
17,422
16,018
16,687
16,303
13,088
11,454
10,923

13,413
15,833
17,494
16,388
16,785
16,485
11,892
11,392
10,200

13,502
15,813
17,134
16,283
16,887
16,933
11,5a
10,829
11,462

13,8a
16,401
17,390
16,259
17,386
17,803
11,795
11,075
12,912

$ 3,135
6,058
8,896
7,633
5,993
8,758
14,757
7,538
10,195

$3,190
5,943
8,426
7,222
5,313
8,188
13,723
5,906
12,334

$ 3,127
6,017
8,047
6,369
4,838
6,861
12,184
4,247
10,443

$ 3,197
6,150
8,145
6,072
4,705
6,428

15,340
18,013
18,785
17,515
20,023
18,951
25,854
22,194
17,328

1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
No. 2 —

July

May

15,210
17,822
19,017
17,408
19,149
17,813
25,518
19,837
16,885

15,199
18,125
18,265
16,800
18,600
16,621
26,524
17,687
13,731

11,606
13,555
16,309
16,972
14,726
15,574
16,067
9,667
10,073

11,743
13,640
16,275
16,571
14,275
14,305
15,308
8,342
10,304

11,704
13,731
16,187
16,277
13,830
13,783
14,952
7,408
10,042

n,a7
6,585
6,131

7,ao
10,711
15,269
10,463
8,863
6,376

NEW YORK

1936
1937
1938
1939
1940
19a
1942
1943
1944
1945

v.
No. 3 —

1936
1937
1938
1939
1940
19a
1942
1943
1944
1945

24




PITTSBURGH
,

,

,
,
,
•

Table 19.—Balance of advances outstanding for each Federal Home Loan Bank, by months,
1936-1944—Continued
[Thousands of dollars]
Federal Hone Loan Bank
District and year
Ho. 4 — WINSTON SALEM
1936..
1937-.
1938.•
1939-.
1940. •

% 7,625
11,291
18,215
16,036
14,883
23,542
26,897
9,573
9,626

$ 7,280
10,780
17,486
14,227
12,883
20,305
25,456
6,442
10,676

$ 7,138
10,632
16,876

18,360
23,611
28,302
23,981
17,232
16,595
15,761
8,506
8,806

No. 6 — INDIANAPOLIS
1936.•
1937..
1938..
1939.1940..
1941"
1942.1943-.
1944-.
1945••
No- 7 —
1936-.
1937..
1938..
19391940-.
1941-.
1942..
19.'.3..
1944••
1945-.

12,135
17,783
25,048
5,369
8,852

$ 7,457
11,257
16,767
11,488
11,639
16,048
24,758
6,737
6,730

$ 8,185
12,145
17,298
11,561
13,233
15,490
24,071
5,283
4,564

$ 8,826
13,661
18,600
12,952
17,010
20,076
25,829
7,980
8,936

$ 9,479
14,770
18,354
13,152
19,445
19,862
22,929
7,983
9,091

$ 9,481
15,818
18,077
15,073
21,452
20,617
20,953
6,923
7,946

$10,043
16,949
18,018
16,056
24,569
22,001
17,890
13,572
6,962

$10,466
17,489
18,312
17,255
26,095
22,636
14,498
11,406
4,495

$10,989
18,306
18,240
16,800
26,827
22,894
11,868
9,631
5,901

18,338
22,935
27,391
22,463
15,164
15,163
15,128
7,219
7,617

18,531
22,507
26,383
21,283
13,906
14,302
14,421
5,669
6,457

18,613
22,905
26,543
20,394
13,397
14,253
13,723
5,945
5,564

19,067
25,591
28,009
20,161
13,587
14,725
13,930
5,713
5,007

20,576
26,337
28,389
19,728
14,645
15,892
14,874
5,929
9,165

20,394
26,821
28,083
18,960
15,713
15,606
13,750
6,582
8,992

21,012
27,184
26,371
18,013
16,026
15,597
12,388
5,718
7,455

21,710
27,843
25,666
17,530
17,002
15,052
11,102
9,614
6,521

23,006
28,219
25,472
17,538
17,055
14,643
10,506
10,048
5,365

23,348
27,969
25,534
17,760
17,377
14,843
9,753
9,675
7,859

4,618
8,033
12,103
12,126
9,650
10,355
12,783
8,637
11,068

4,529
8,168
12,113
11,563
9,050
9,911
12,460
7,686
10,289

4,320
8,320
11,752
10,427
8,756
9,612
11,757
6,288
9,576

4,597
8,447
12,230
10,234
8,057
9,723
11,174
7,634
8,272

4,742
8,704
12,086
10,152
8,216
10,139
11,897
7,230
7,393

6,390
9,476
12,084
10,516
9,422
11,016
12,668
10,086
9,950

6,581
9,747
12,094
9,601
9,235
10,621
11,553
10,064
10,988

6,474
11,069
11,897
9,205
9,125
10,812
11,046
9,185
9,831

6,938
11,105
12,742
9,363
9,603
10,906
10,062
11,665
9,226

7,373
11,306
12,453
9,996
10,044
11,117
9,411
11,221
8,022

7,423
11,852
12,793
10,047
10,499
11,434
9,084
10,387
7,928

17,256
24,703
31,407
30,528
23,205
26,806
32,510
18,932
17,763

17,664
25,238
31,707
29,470
22,572
24,929
30,364
15,714
16,298

17,677
25,081
30,925
27,626
21,394
23,337
28,869
11,595
14,826

17,971
25,869
30,699
26,728
21,396
23,643
28,432
11,897
12,649

18,871
26,313
31,050
26,670
23,045
24,752
28,158
10,171
9,511

20,142
27,779
32,558
27,419
25,056
28,851
29,188
12,250
19,214

20,872
27,987
32,364
26,689
24,845
27,931
26,078
12,002
18,427

21,779
28,838
32,519
25,493
26,426
28,411
25,131
9,947
15,071

22,702
29,329
31,837
25,349
27,007
28,493
22,466
17,245
10,557

23,347
29,641
31,690
25,125
27,450
29,368
20,393
15,833

23,840
30,263
31,761
25,450
28,511
30,0a
19,5a
13,377
14,642

No. 8 — DES MOINES
1936-.
1937-.
1938.•
1939..
1940.•
1941.1942-.
1943-•
1944-.
1945..

5,391
9,164
15,010
15,317
14,587
16,342
17,216
6,252
7,010

5,578
9,240
14,711
14.703
13,644
15,025
16,188
5,535
6,901

5,671
9,564
14,453
14,424
12,681
13,527
14,955
3,965
5,535

5', 722
9,500
13,980
13,826
11,681
11,865
13,502
3,569
3,854

6,515
9,876
14,034
13,728
11,684
12,018
12,469
3,129
2,332

7,192
11,092
15,083
15,475
14,369
14,234
14,074
3,888
8,683

7,872
11,888
14,779
14,778
14,507
14,510
11,230
6,377
9,245

8,373
12,813
14,863
15,120
15,730
14,834
10,356
4,931
8,344

8,384
13,614
15,639
16,030
16,764
15,352
9,478
8,892
7,090

14,200
15,978
16,494
17,594
15,900
8,687
8,325
4,834

8,518
14,753
16,337
16,813
13,060
16,216
7,671
7,668
8,573

No. 9 — LITTLE ROCK
1936.•
1937-•
1938..
1939«.
1940.1941.1942..
1943-.
1944-1945-•

7,257
10,178
10,788
9,122
8,275
7,878
10,607
3,434
5,468

7,450
9,771
10,668
8,806
7,287
7,664
10,428
3,057
5,463

7,705
9,581
10,714
8,445
7,046
7,108
10,157
2,146
5,248

7,763
9,679
10,960
8,167
6,292
6,781
9,953
2,057
4,753

7,832
10,003
10,839
8,225
5,776
6,695
9,514
1,632
4,457

8,332
10,734
11,623
9,179
6,692
7,934
9,652
2,058
4,876

8,794
10,746
10,896
8,614
6,832
8,241
8,467
3,013
5,136

8,988
10,887
10,561
8,378
6,782
8,505
6,964
• 2,948
4,903

9,151
11,016
10,468
8,813
6,739
8,621
5,835
4,370
4,393

9,529
10,912
10,2a
8,934
6,748
8,779
4,448
4,317
4,028

9,604
10,967
9,738
8,966
6,736
8,852
3,674
3,599
4,470

No. 10 — TOPEKA
1936-.
1937..
1938-.
1939-<
1940..
1941"
1942..
19431944-.
1945-

4,764
7,220
10,283
10,967
9,956
9,008
6,605
4,644
4,208

5,020
7,177
10,197
10,508
9,021
7,722
6,478
4,069
3,909

5,017
7,130
10,059
10,089
8,475
7,081
6,596
3,701
3,409

5,318
7,386
9,896
10,061
8,449
6,973
6,431
3,451
3,376

5,583
7,527
10,015
10,103
8,425
7,214
6,467
3,683
3,286

6,109
8,039
11,284
10,761
9,123
7,891
6,828
4,025
5,044

6,089
8,224
11,311
10,459
9,431
7,928
6,292
4,340
5,728

6,104
8,467
11,645
10,499
9,593
8,319
6,030
3,948
5,235

6,271
8,496
11,508
10,441
9,368
8,549
5,480
3,980
4,394

6,502
8,826
11,438
10,485
9,317
8,225
5,057
4,033'
3,176

6,680
8,948
11,326
10,368
9,381
7,366
4,757
4,257
3,940

1936..
1937..
1938..
1939.194C
1941"
1942..
1943"
1944*•
1945-•

3,153
4,556
6,360
5,374
4,607
5,495
7,263
2,190
1,654

2,796
3,821
6,011
4,828
4,117
5,036
7,144
1,574
2,261

2,877
4,381
6,220
4,856
4,303
5,552
7,475
1,222
1,819

2,960
4,419
6,352
4,913
4,609
5,613
7,290
1,605
1,101

3,133
4,828
6,305
5,005
4,797
6,045
6,527
1,146
743

3,016
5,903
6,914
5,599
6,785
7,847
7,307
1,247
2,536

3,166
6,459
6,714
5,175
6,064
6,582
5,232
1,081
3,736

3,457
6,731
6,557
5,193
6,005
6,499
4,445
761
2,685

3,745
6,691
6,604
5,341
5,992
6,625
2,771
1,911
1,072

3,707
6,677
6,259
5,392
6,150
6,625
1,845
2,353
607

4,031
6,682
5,967
5,350
6,013
6,621
1,395
2,327
1,093

1936..
1937-.
1938-.
1939-.
1940..
1941"
1942..
1943.1944-.
1945-•

4,295
7,363
14,080
13/280
13,651
11,545
19,748
11,832
11,366

4,144
6,670
13,516
12,845
12,040
10,838
19,237
10,243
11,215

4,392
7,651
13,244
12,585
11,678
10,392
18,567
9,307
9,441

5,028
8,645
13,769
13,109
12,032
11,262
18,090
10,599
8,859

5,538
9,586
14,495
13,898
13,354
12,315
17,039
10,932

5,932
12,828
16,513
17,454
15,804
15,984
18,339
12,549
19,095

6,195
10,917
14,454
14,645
13,783
15,057
15,631
10,828
19,327

6,199
11,287
14,169
14,353
13,690
15,514
13,917
10,084
15,960

6,469
12,047
14,225
14,907
13,924
16,211
12,639
16,703
13,810

6,863
12,976
14,366
15,120
14,585
16,860
11,612
16,467
12,089

7,231
13,803
14,829
15,482
14,926
17,398
10,608
16,394
11,767

19U1942..
1943"
1944.'
1945*.
1936..
1937-•
1938..
1939..
1940-.

19U- •
1942..
1943••
1944.1945.•

li,433

CHICAGO

No. 11 — PORTLAND




25

Table 20.—Progress of institutions insured by the Federal Savings and Loan Insurance Corporation,
1941-1944
[Dollar amounts are shown in thousands]
Quarterly Operations

Period and class
of association

Number of
associations

Total
assets

Government bond
holdings

Net first
mortgages
held

Private
repurchasable
capital

Government
share
capital

Federal
Home
Loan
Bank
advances

New
mort-

Neir
private
investments

ALL INSURED ASSOCIATIONS
1941
l&rch. •
June
September' •
December* • •

2,293
2,313
2,330
2,343

$2,992,591
3,159,763
3,223,510
3,362,942

$2,417,318
2,555,393
2,673,826
2,751,938

$190,671
U8,260
206,457

$ 33,518
34,413
43,892

$2,323,257
2,433,905
2,487,146
2,597,525

$206,094
206,301
195,584
196,240

$119,461
144,331
153,897
193,275

$175,348
245,295
252,781
209,5U

$257,507
185,150
227,755
202,751

$151,9K
101,095
181,538
109,133

March
June
September*«
December. •.

2,358
2,374
2,386
2,398

3,335,101
3,461,228
3,513,096
3,651,598

2,774,108
2,827,956
2,866,497
2,871,641

161,801
219,374
193,817
256,470

52,584
70,852
116,035
193,452

2,612,736
2,736,258
2,834,079
2,983,310

185,664
185,783
169,202
169,167

167,535
170,066
125,308
113,977

155,870
179,663
181,355
153,743

215,942
184,789
242,165
228,850

212,981
98,098
168,707
98,677

March
June
September..
December.•.

2,415
2,428
2,440
2,447

3,690,918
3,880,999
4,037,926
4,182,728

2,868,410
2,918,577
2,971,411
3,009,025

260,749
276,785
186,954
302,556

241,818
376,177
580,087
581,651

3,105,080
3,270,834
3,389,891
3,573,896

120,138
119,252
69,920
69,693

66,970
78,155
118,153
100,340

144,364
215,974
248,940
225,838

276-781
265,475
312,264
296,211

175,651
114,559
207,386
126,126

March
June
September..
December...

2,452
2,461
2,460
2,466

4,327,868
4,583,568
4,713,875
5,012,662

3,035,201
3,117*585
3,202,359
3,259,819

228,303
239,936
256,250
269,701

788,854
954,934
997,983
1,227,451

3,710,356
3,922,705
4,092,609
4,333,739

50,868
50,832
37,721
37,7ul

90,103
118,743
86,840
123,466

220,031
294*043
298,971
272,277

352,601
340,707
403,875
387,237

221,422
139,355
241,070
153,082

March
June
September..
December...

1,442
1,452
1,459
1,460

1,915,777
2,028,138
2,076,618
2,173,326

1,599,936
1,687,086
1,775,117
1,824,646

126,390
93,173
138,040

16,714
17,100
23,623

1,480,807
1,553,712
1,595,179
1,668,415

168,922
169,247
159,614
160,060

84,810
103,696
112,033
144,049

115,370
164,309
168,942
135,599

177,927
123,511
151,274
132,425

118,269
63,183

March
June
September..
December...

1,461
1,464
1,466
1,467

2,137,579
2,205,921
2,2U,101
2,299,895

1,832,3a
1,849,400
1,861,062
1,853,868

99,247
ia,6l7
116,834
164,430

28,775
a,022
70,196
117,339

1,667,983
1,735,932
1,788,000
1,882,051

150,776
150,776
136,518
137,208

123,748
127,623
92,943
84,135

99,386
110,729
111,614
91,099

144,009
121,555
160,232
148,235

U2,377
57,397
109,960
56,723

March
June
September. •
December.•.

1,467
1,468
1,471
1,466

2,300,638
2,426,079
2,523,737
2,617,431

1,839,302
1,865,991
1,896,312
1,915,771

156,792
170,730
109,181
183,038

146,537
235,524
369,954
373,325

1,953,846
2,060,502
2,135,010
2,257,002

96,109
96,109
55,021
55,021

46,820
56,553
87,648
74,780

87,806
131,282
153,642
139,027

182,319
172,642
201,933
191,082

111,773
67,405
132,600
72,767

March.
June
September. •
December...

1,466
1,465
1,464
1,464

2,709,897
2,881,276
2,961,860
3,168,731

1,927,122
1,972,881
2,024,635
2,058,045

135,664
148,913
151,862
166,764

509,170
620,016
652,085
810,ul3

2,346,042
2,488,785
2,599,565
2,760,927

39,,957
39,948
29,562
29,647

63,892
84,602
60,877
90,257

135,103
180,748
185,053
168,529

230,317
224,818
262,731
254,069

142,239
83,924
156,130
92,460

19a
March
June
September
December

851
861
871
883

1,076,814
1,131,625
1,U6,892
1,189,616

817,382
868,307
898,709
927,292

64,281
55,087
68,a7

16,804
17,313
20,269

842,450
880,193
891,967
929,110

37,172
37,054
35,970
36,180

34,651
40,635
a , 864
49,226

59,978
80,986
83,839
73,915

79,580
61,639
76,481
70,326

55,313
42,607
63,269
45,950

1942
March
June
September
December

897
910
920
931

1,197,522
1,255,307
1,298,995
1,351,703

9a,767
978,556
1,005,435
1,017,773

62,554
77,757
76,983
92,040

23,809
29,830
45,839
76,113

944,753
1,000,326
1,046,079
1,101,259

34,888
35,007
32,684
31,959

43,787
42,443
32,365
29,842

56,484
68,934
69,7a
62,644

71,933
63,234
81,933
80,615

70,604
40,701
58,747
a,954

948
960
969
981

1,390,280
1,454,920
1,514,189
1,565,297

1,029,108
1,052,586
1,075,099
1,093,254

103,957
106,055
77,773
119,518

95,281
140,653
210,133
208,326

1,151,234
1,210,332
1,254,881
1,316,894

24,029
23,143
14,899
'14,672

20,150
21,602
30,505
25,560

56,558
84,692
95,298
86,811

94,462
92,833
110,331
105,129

63,878
47,154
74,786
53,359

986
996
996
1,002

1,617,971
1,702,292
1,752,015
1,843,931

1,108,079
1,144,704
1,177,724
1,-201,774

92,639
91,023
104,388
102,937

279,684
334,918
345,898
a7,438

1,364,314
1,433,920
1,493,044
1,572,812

10,911
10,884
8,159
8,054

26,211
34,ia
25,963
33,209

84,928
113,295
113,918
103,748

122,284
115,889
Ul,144
133,168

79,183
55,431
84,940
60,622

March
June
September..
December..<
FEDERAL ASSOCIATIONS

March
June
September..
December. •.
STATE-CHARTERED
ASSOCIATIONS

1943
March
June
September
December
1944
March
June
September
December
1945
March
June
September
December

26




Table 21.—Progress of membership in the Federal Home Loan Bank System, 1934-1944
[Dollar amounts are shown in thousands]
All members

End of period

All
Assets

No.

No.

Assets

Savings and loan associations
Insured State
Federal
Assets
No.
Assets
No.

2,513
2,343
2,185
2,015
1,808
1,675
1,551

$2,590,651
2,181,759
1,910,219
1,792,753
1,629,796
1,543,297
1,489,764

9
9
8
9
9
10
11

847
857
867
879

1,071,561
1,125,973
1,141,089
1,183,742

1,518
1,489
1,470
1,444

1,486,828
1,472,809
1,475,432
1,467,553

11
12
13
15

2,137,579
2,205,921
2,214,101
2,299,895

893
906
916
927

1,191,659
1,249,530
1,293,206
1,346,092

1,424
1,402
1,383
1,350

1,442,161
1,429,598
1,416,748
1,394,534

15
17
20
21

1,467
1,468
1,471
1,466

2,300,638
2,426,079
2,523,737
2,617,431

944
956
965
977

1,384,663
1,449,255
1,508,558
1,559,617

1,325
1,305
1,284
1,262

1,370,199
1,374,080
1,367,222
1,363,769

22
22
22
22

1,466
1,465
1,464
1,464

2,709,897
2,881,276
.2,961,860
3,168,731

982
992
992
998

1,612,275
1,696,352
1,745,993
1,837,873

1,240
1,214
1,210
1,197

1,368,200
1,384,691
1,393,899
1,408,515

22
22
22
22

2
125
365
562
738
797
836

1,442
1,452
1,459
1,460

1,915,777
2,028,138
2,076,618
2,173,326

4,771,399
4,885,049
4,924,055
5,040,521

1,461
1,464
1,466
1,467

3,736
3,729
3,720
3,705

5,055,500
5,249,414
5,399,517
5,540,817

3,688
3,671
3,666
3,659

5,690,372
5,962,319
6,101,752
6,415,119

$2,899,195
3,059,352
3,362,002
4,116,911
4,401,820
4,754,281
5,037,396

3,054
3,455
3,750
3,895
3,903
3,870
3,824

$2,740,121
2,890,670
3,187,468
3,547,627
3,753,112
4,049,327
4,417,027

539
987
1,200
1,318
1,357
1,398
1,437

3,847
3,839
3,836
3,824

5,144,569
5,287,175
5,339,627
5,470,565

3,807
3,798
3,796
3,783

4,474,166
4,626,920
4,693,139
4,824,621

3,819
3,815
3,808
3,788

5,435,117
5,643,970
5,617,500
5,765,577

3,778
3,772
3,765
3,744

3,781
3,774
3,764
3,748

5,820,090
6,045,016
6,199,087
6,345,449

3,731
3,714
3,706
3,699

6,531,130
6,840,241
6,945,108
7,265,763

$

$

III

11,696
213,604
494,301
655,906
812,310
929,970
1,055,884

137,774
495,307
782,948
1,098,968
1,311,006
1,576,060
1,871,379

3,066
3,467
3,761
3,932
3,951
3,920
3,864

I934

Mutual savings
banks
Assets
No.

Uninsured State
Assets
No.

Ins urance
eonipanles
No.
Assets
3
3
3
28
39
40
29

$

15,492
16,287
16,691
367,465
446,966
500,398
405,944

1941
29
29
27
26

455,2U
408,344
383,485
379,260

26
26
23
23

399,894
418,083
324,299
326,246

415,199
428,566
434,289
441,617

23
23
22
21

349,391
367,036
365,281
363,015

11

21
21
18
18

389,379
414,342
370,158
370,423

siii

1942
June

215,189
251,911
263,003
266,684

1943

1944

Table 22.—Home mortgages insured by the Federal Housing Administration 1937-1944
[Premium paying; thousands of dollars]
Annual
total

Period and
class of loan
T i t l e II
1937
1938
1939
1940
1941
1942
1943
1944
1945
Title II
1937
1933
1939
1940
1941
1942
1943
1944
1945

September

(New Construction)

(Refinancing)

•
<
•

168,867
227,399
461,018
561,542
693,695
490,044
45,184
1*758

11,897
13,690
35,308
48,054
64,136
70,214
U,172
592

11,257
8,830
28,084
37,820
50,398
56,585
8,495
249

12,832
9,282
32,841
33,883
50,034
53,642
5,690
250

11,885
9,319
28,759
35,193
47,782
42,446
3,463
130

11,825
10,816
31,504
38,784
48,960
43,908
2,894
81

13,739
13,883
39,732
39,765
50,102
46,493
2,606
81

15,503
15,891
34,605
44,704
61,934
43,157
2,424
82

14,496
19,866
46,920
47,793
60,102
35,158
1,563
90

16,126
25,848
39,606
53,769
61,104
30,529
1,479
79

17,179
33,156
45,758
63,461
69,059
26,831
818
40

16,343
32,328
49,743
54,960
60,667
21,893
833
54

15,785
34,490
48,157
63,357
69,416
19,188
747
31

255,506
245,847
208,398
174,948
183,012
201,402
199,330
214,610

20,622
18,093"
20,075
17,004
14,649
16,953
17,084
18,397

17,237
12,543
16,300
13,778
10,931
14,213
11,846
13,795

20,386
12,996
17,522
12,300
11,603
14,138
13,175
12,729

20,^702
16,479
17,459
12,520
12,522
13,002
12,704
13,200

21,141
19,222
17,939
14,794
16,317
16,269
15,248
18,319

23,432
25,496
21,178
14,591
24,708
19,317
16,759
17,768

23,882
24,886
16,553
15,612
19,597
19,571
18,502
18,322

22,289
23,962
18,131
15,176
10,124
16,655
18,519
20,256

20,996
23,102
13,821
14,563
11,979
17,044
18,737
19,967

22,667
25,263
15,380
16,559
16,231
17,639
18,856
21,941

20,764
21,991
17,405
13,907
16,253
17,071
20,499
21,646

21,387
21,815
16,634
14,144
18,100
19,530
17,401
18,270

13,431
267,015
517,657
491,069

6,556
40,649
49,003

8,483
37,168
40,616

12,273
43,523
41,620

11,424
35,878
36,793

13,554
39,511
37,739

230
15,876
41,629
34,238

436
20,621
43,445
42,322

560
25,030
49,518
48,166

1.H3
31,524
46,365
42,592

2,190
38,265
48,571
43,354

3,578
40,195
48,421
38,053

5,294
43,214
42,979
36,573

•

,
•

T i t l e VI
1941
1942
1943
1944
1945

,
..
:77

Table 23.—FHA




insured home mortgages held, by class of institution, 1938-1944
[Face amount of mortgages; thousands of dollars]
1942
December

1938
December

1939
December

1940
December

1941
December

June

$148,798
212,206
51,813
619,535
76,778
89,545
1,198,675

$191,709
341,587
88,641
885,051
152,716
133,276
1,792,980

$224,328
541,561
149,239
1,142,949
201,031
150,089
2,409,197

$255,296
791,617
205,748
1,447,101
233,628
182,226
3,115,616

$277,704
966,441
242,619
1,614,392
245,206
205,059
3,551,421

$288,611
1,095,276
263,825
1,694,963
251,871
200,973
3,795,519

June

1943
December

$319,147
1,231,638
301,058
1,819,942
259,495
222,377
4,153,657

$345,938
1,374,570
328,041
1,894,913
116,330
248,570
4,308,362

June

1944
December

June

1945
December

$371,947
1,465,561
371,071
1,929,054
133,042
243,615
4,514,290

27

Explanatory Notes
(Continued from p. 4)
I t should also be pointed out t h a t mortgage-recording d a t a
are n o t directly comparable with t h e estimates on homemortgage lending presented in Tables 14 a n d 15. T h e periods
covered are n o t necessarily t h e same. Lending statistics
are reported as of t h e d a t e of loan c o m m i t m e n t , while recording figures reflect t h e a c t u a l d a t e of mortgage registrations.
F u r t h e r , alterations in t h e t e r m s of an existing contract m a y
necessitate a new registration. I n t h e case of refinancing a n
institution's own mortgage, for example, t h e face a m o u n t of
t h e i n s t r u m e n t would a p p e a r in t h e recording totals whereas
only t h a t portion which represented a n increase of funds
loaned would be included in t h e m o n t h l y lending figures.
Table 16 shows t h e estimated a m o u n t of mortgages recorded t h r o u g h o u t t h e United States b y each t y p e of lender
in each m o n t h since J a n u a r y 1941. I t also shows t h e relationship of t h e business done b y each t y p e of mortgagee t o
t h e t o t a l volume of business for a n y given m o n t h as well as
for t h e a n n u a l t o t a l . (See PUSVIEW, T a b l e 9.)
Table 17 provides a detailed s u m m a r y of t h e a n n u a l recordings m a d e b y each t y p e of mortgagee from 1941 t h r o u g h
1944, broken down b y F H L B Districts a n d b y individual
states. T h e percentage figures relate t o t h e share of t h e
t o t a l mortgage-recording, business in a given area. (See
R E V I E W , T a b l e 8.)

Pages 24 and 25
FEDERAL HOME L O A N BANK ADVANCES: Compiled
b y t h e Bank Operations Section, FHLB A.
T h e ability of t h e
F H L B System t o serve as a credit reservoir for its m e m b e r
institutions is best d e m o n s t r a t e d by t h e volume of Federal
H o m e Loan B a n k advances. Table 18 shows, b y months, t h e
a m o u n t of new advances m a d e , r e p a y m e n t s on old balances,
a n d advances still o u t s t a n d i n g a t t h e end of t h e period.
Table 19 indicates t h e balance o u t s t a n d i n g a t t h e end of
each m o n t h for each of t h e 12 regional F H L Banks. (See
R E V I E W , T a b l e 12.)

Pose 26
PROGRESS O F INSURED ASSOCIATIONS: Compiled by t h e
Division of Operating Statistics, FHLB A, from t h e m o n t h l y
reports required of all institutions insured b y t h e Federal
Savings a n d Loan Insurance Corporation. T h e selected
balance-sheet items presented are as of t h e end of t h e reporting period. D a t a on operations represent t h e quarterly t o t a l
of n e w mortgage loans m a d e , a n d t h e t o t a l a m o u n t of new

28




private investments and repurchases. T h e repurchase ratio
is obtained by dividing t h e repurchases for t h e q u a r t e r by t h e
t o t a l new investments received a n d it would be possible, t h e r e fore, for this figure t o exceed 100 percent if t h e r e were a n e t
decline in share capital. T h e resulting ratio measures t h e
flow of capital into a n d out of insured associations. (See
R E V I E W , T a b l e 13.)

Pasc 27
FEDERAL H O M E L O A N BANK SYSTEM: Compiled b y t h e
Division of Operating Statistics, FHLB A.
This t a b l e , showing
t h e n u m b e r a n d assets of all member institutions of t h e F H L B
System, is based on reports s u b m i t t e d b y members of t h e B a n k
System, a n d is broken down into t h e various t y p e s of institutions. (See R E V I E W , Table 18—quarterly from March.)
INSURED MORTGAGE OPERATIONS: Compiled b y t h e
Division of Research and Statistics, Federal Housing
Administration.
This t a b l e shows t h e n u m b e r of mortgages which
became premium-paying (i. e., actually in effect) from 1937
t h r o u g h 1944. T h e various Titles indicate t h e p a r t of t h e
National Housing Act under which t h e y were processed. N o t
all Titles h a v e been in effect during t h e entire period. All
d a t a are for mortgages on 1- t o 4-family houses. Figures
represent t h e gross insurance written during t h e period a n d
do n o t t a k e account of principal r e p a y m e n t s on previously
insured loans. Title V I loans a r e all on newly c o n s t r u c t e d
homes. Title I I loans m a y be either on n e w or existing dwellings. (See R E V I E W , Table 11.)
INSURED MORTGAGE HOLDINGS: Compiled b y t h e Division of Research and Statistics, Federal Housing
Administration. Based on t h e original face amount of i n s t r u m e n t s , t h i s
table shows t h e insured mortgages held by t h e various classes
of institutions. Figures do n o t include t e r m i n a t e d mortgages
or cases in t r a n s i t t o or being a u d i t e d b y t h e F H A . T h e y
include only t h e mortgages on 1- t o 4-family homes insured
under Titles I I a n d VI. T h e Federal agency classification
includes t h e R F C Mortgage C o m p a n y , Federal N a t i o n a l
Mortgage Association, a n d t h e U. S. Housing Corporation.
T h e " o t h e r " classification includes m o r t g a g e companies,
finance companies, endowed institutions, p r i v a t e a n d s t a t e
benefit funds, etc. December 1944 figures were n o t available
in time for inclusion in t h e Supplement. T h e y will, however,
be found in t h e M a r c h 1945 issue of t h e R E V I E W , Table 19,
which is carried semi-annually.

U. S. GOVERNMENT PRINTING O F F I C E : 1 9 4 5