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STATISTICAL

upplement
April 1946

I HIS STATISTICAL SUPPLEMENT
to the F E D E R A L H O M E L O A N B A N K R E V I E W 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 1 9 4 6 data as they become available
in regular tables of the R E V I E W .
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; the Housing Market Service, National Housing A g e n c y ; and the Division
of Research and Statistics of the Federal Housing Administration. Their contribution is sincerely appreciated.
Explanatory notes on page 2 give a description of the source, coverage, method of computation and application of the statistical series included on the following pages.




TABLE OF CONTENTS
Page
E x p l a n a t o r y notes
2
Table 1.—Indexes of residential construction and selected influencing factors, 1935-1945:
H o m e construction
5
Nonfarm foreclosures
5
Savings and loan mortgage lending
5
Wholesale building material prices
5
Wholesale lumber prices
5
Industrial production
6
Manufacturing employment
6
National income p a y m e n t s
6
Consumer price index
Table 2.—Nonfarm real estate foreclosures in t h e United States, 1936-1945
6
Table 3.—Outstanding mortgage loans on 1- to 4-family nonfarm homes, 1934-1944
7
Table 4.—New mortgage loans on 1- to 4-family nonfarm homes, 1934-1944
7
Table 5.—Residential real estate owned by selected institutions, 1939-1944_
7
Table 6.—Indexes of building costs for t h e s t a n d a r d frame house, 1940-1945
7
Table 7.—Indexes of building costs for t h e s t a n d a r d frame house in representative cities, 1936-1945__
8-9
Table 8.—New residential construction in all nonfarm areas, 1940-1944, by F H L B District a n d s t a t e 10
Table 9.—New residential construction in all nonfarm areas, by t y p e of s t r u c t u r e a n d source of
funds, 1945
11
Table 10.—New residential construction in all nonfarm areas of t h e U. S., by m o n t h s , 1944-1945__
12
Table 11.—New residential construction in all nonfarm areas of t h e U. S., 1934-1945
12
Table 12.—New residential construction in all urban areas of t h e U. S., 1934-1945
12
Table 13.—Estimated volume of new mortgage loans by all savings a n d loan associations, by purpose
and class of association, 1941-1945
13
Table 14.—Estimated volume of new mortgage loans by all savings a n d loan associations, by F H L B
District and t y p e of loan, 1943-1945
14-17
Table 15.—Estimated volume of new mortgage loans m a d e by all insured associations, by F H L B
District a n d state, 1943-1945
18
Table 16.—Nonfarm mortgages of $20,000 or less recorded, by F H L B District a n d s t a t e a n d by
t y p e of mortgagee, 1942-1945
19-21
Table 17.—Nonfarm mortgages of $20,000 and u n d e r recorded by t y p e of mortgagee, 1939-1945
22
Table 1 8 . — F H L B advances for t h e U. S., by m o n t h s , 1937-1945
23
Table 19.—Principal assets a n d liabilities of all F H L Banks, 1941-1945
23
Table 20.—Membership in t h e F H L B System, by states, December 3 1 , 1945
24
Table 21.—Progress of membership in t h e F H L B System, 1935-1945
25
Table 22.—Selected statistics for all operating savings and loan associations, by years, 1922-1944__
25
Table 23.—Progress of institutions insured by t h e F S L I C , 1942-1945. _
26
Table 24.—Summary of war housing construction, 1940-1945
27
Table 25.—Home mortgages insured by t h e F H A , 1938-1945
27
Table 2 6 . — F H A insured home mortgages held, by class of institution, 1939-1945
27




1

Explanatory Notes"
Pose 5
RESIDENTIAL CONSTRUCTION: Compiled by t h e Division
of Operating Statistics, FHLBA,
from building permits rep o r t e d t o t h e U. S. D e p a r t m e n t of Labor, based on est i m a t e s of t h e n u m b e r of 1- a n d 2-family, p r i v a t e l y
financed dwelling units provided in all u r b a n areas. T h e
index d a t a , adjusted for normal seasonal fluctuations, reveal essential m o v e m e n t s in t h e volume of housing facilities.
N O N F A R M FORECLOSURES: Compiled by t h e Division
of Operating Statistics, FHLBA.
This index, adjusted for
normal seasonal variations, is based on d a t a reported
m o n t h l y from a p p r o x i m a t e l y 1,900 counties, cities, t o w n ships, or o t h e r g o v e r n m e n t a l divisions a n d measures t h e
n u m b e r of properties acquired m o n t h l y t h r o u g h foreclosures. Approximately 80 percent of all nonfarm dwellings are included. Although non-residential a n d m u l t i family foreclosures comprise a b o u t 15 percent of t h e t o t a l s
used, this index is a gauge of t h e ability of home owners to
meet obligations.
SAVINGS A N D L O A N MORTGAGE LENDING: Compiled by t h e Division of Operating Statistics, FHLBA,
from
m o n t h l y r e p o r t s of cooperating savings a n d loan associations. F o r complete description of source see t h e note on
savings a n d loan mortgage lending statistics on page 3.
T h e index, adjusted for seasonal variations a n d c o m p u t e d
from d a t a on t h e t o t a l loans m a d e by all associations, is
a n i m p o r t a n t y a r d s t i c k in measuring t h e activity of these
i n s t i t u t i o n s against influencing factors in t h e real estate a n d
home financing fields.
WHOLESALE BUILDING MATERIAL PRICES: Compiled
by t h e Bureau of Labor Statistics on a n original base of
1 9 2 6 = 1 0 0 , converted by t h e Division of Operating S t a t i s tics, F H L B A . I t is one of t h e 10 major classifications included in t h e weekly price series based on 889 commodities,
prepared by t h e B L S . T h e composite building material
index does not p e r t a i n strictly t o home building b u t p r o vides t h e best available guide t o t h e fluctuations in wholesale prices of materials which loom large in t h e construction
of residential s t r u c t u r e s .
WHOLESALE LUMBER PRICES: Compiled by t h e Bureau
of Labor Statistics on a n original base of 1 9 2 6 = 1 0 0 , conv e r t e d by t h e Division of Operating Statistics, F H L B A .
This index is one of t h e components of t h e wholesale
building material price index. I n all, a b o u t 45 different
lumber items a r e included. Because of t h e i m p o r t a n t
bearing of t h e l u m b e r factor on t h e t o t a l cost of t h e typical
single-family home, price fluctuations shown in this series
are of p a r t i c u l a r significance t o home financing institutions.
Page 6
INDUSTRIAL PRODUCTION: Compiled by t h e
Division
of Research and Statistics, Board of Governors of the Federal
Reserve System.
T h e index is an over-all measure of change
i All indexes are on the basis of 1935-1939=100.

2




in the physical volume of production of m a n u f a c t u r e s a n d
minerals; it does not cover other t y p e s of goods a n d services
nor reflect changes in prices. I t is derived from 100 individual series—16 groups of m a n u f a c t u r i n g industries a n d
t w o groups of mining industries.
MANUFACTURING EMPLOYMENT: Compiled by t h e
Bureau of Labor Statistics on t h e basis of 1 9 3 9 = 1 0 0 , converted a n d adjusted for seasonal variations b y t h e Division
of Operating Statistics, F H L B A . A further b r e a k d o w n
between e m p l o y m e n t in durable a n d n o n d u r a b l e goods
industries is available from t h e BLS.
N A T I O N A L INCOME PAYMENTS: Compiled by t h e
Bureau of Foreign and Domestic Commerce a n d adjusted for
seasonal variations. This index is based on estimates of
income received by individuals from salaries a n d wages,
dividends a n d interest, direct or other relief p a y m e n t s ,
social security benefits a n d other labor income, e n t r e p r e neurial income a n d net r e n t s a n d royalties. T h e index is
useful primarily in indicating t h e changes in t h e dollar
volume of income p a y m e n t s . Because it does not reflect
changes in t h e basic price levels, this index does not provide
a measure of t h e purchasing power of a given income.
CONSUMERS' PRICES: Compiled by t h e Bureau of Labor
Statistics, based on time-to-time changes in t h e cost of
goods a n d services purchased by wage earners a n d lowsalaried workers in large cities. Food prices are collected in
56 cities, a n d d a t a on r e n t a l s a n d prices of clothing, house
furnishings and miscellaneous goods a n d services are o b t a i n e d in 34 cities. This index was formerly called t h e
cost-of-living index.
N O T E — C u r r e n t d a t a for most of t h e foregoing indexes
m a y be found in t h e M o n t h l y Survey section of t h e
REVIEW.

N O N F A R M FORECLOSURES: Compiled by t h e Division
of Operating Statistics, FHLBA.
These statistics represent
t h e estimated n u m b e r of foreclosures in t h e U n i t e d States
in all nonfarm areas, a n d are based on t h e same d a t a used
in t h e foreclosure index explained above. (See R E V I E W ,
Table 15—quarterly from February.)
Pages 7, 8 and 9
NONFARM HOME MORTGAGE DEBT: C o m p i l e d b y
t h e Division of Operating Statistics, FHLBA,
from special
studies and reported statistics of various t y p e s of m o r t gage lending institutions. D a t a are confined t o loans on
1- to 4-family homes in order t o eliminate mortgages on
farm or commercial properties. E s t i m a t e s for 1945 will
not be available until a b o u t August 1946. F o r a complete
description of t h e sources and m e t h o d s used in arriving
at t h e t o t a l mortgages held by each t y p e of lender, see
R E V I E W , N o v e m b e r 1939, p . 51.

NONFARM HOME MORTGAGE LENDING: C o m p i l e d
b y t h e Division of Operating Statistics, FHLBA.
Based on
mortgages recorded t h r o u g h o u t t h e country b y t y p e of
mortgagee, and special studies and reported statistics of
various t y p e s of mortgage lending institutions. D a t a are

confined to loans on 1- t o 4-family homes a n d do not include mortgage loans made on farm or commercial p r o p erties. T h e category "individuals a n d o t h e r s " includes
fiduciaries, real estate and bond companies, title and mortgage companies, philanthropic a n d educational institutions, fraternal organizations, construction companies,
R F C Mortgage C o m p a n y , e t c .

presents a s u m m a r y of t h e history a n d development of
this series. Reprints are available from t h e Division of
Operating Statistics, F H L B A .
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. (See R E VIEW, T a b l e 4.)

RESIDENTIAL REAL ESTATE OWNED BY SELECTED
INSTITUTIONS: Compiled b y t h e Division of Operating Statistics, FHLBA.
Based on a n n u a l reports of savings a n d
loan members of t h e F H L B System; statistics of reporting
life insurance companies holding about 95 percent of all
life insurance company resources; reports of t h e C o m p troller 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. E s t i m a t e s for life insurance
companies exclude housing projects built by these companies for investment.

Pages 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
the N e w York, Indianapolis, D e s Moines a n d Portland
Districts report in J a n u a r y , April, July a n d October;
Pittsburgh, Cincinnati, Little Rock a n d Los Angeles in
February, M a y , August a n d November; a n d Boston,
Winston-Salem, Chicago a n d T o p e k a in March, June,
September a n d December. (See R E V I E W , Table 3.)

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 studying t h e t r e n d of costs within a n
individual c o m m u n i t y or in different cities. T h e m e t h o d
of calculating t h e index a n d m a n y of t h e index numbers
have recently been revised t o accommodate new sources
of basic data, a n d t o recognize insofar as possible t h e stringency of current m a r k e t conditions.
T h e index now reflects price changes in a limited bill of
the more i m p o r t a n t items, a n d in wage variations in t h e
major housebuilding trades. I t e m s in t h e abridged group
were selected from t h e original bill of specifications which
listed t h e construction materials a n d n u m b e r of work
hours required of t h e various types of building craftsmen
and helpers t o construct t h e hypothetical six-room house.
Continuity of t h e series is maintained b y weighting t h e
selected units of material a n d labor in accordance with
their contribution t o t h e t o t a l cost of t h e completed dwelling. T h e index does n o t a t t e m p t t o evaluate some import a n t factors which influence cost trends, such as variations
in labor efficiency, changing building practices a n d t h e
introduction of new materials, tools a n d techniques.
Current material prices are furnished b y t h e Bureau of
Labor Statistics, based on information from a group of
dealers in each city w h o report on prices for materials
delivered t o job site, in average quantities, for private
residential construction. ' Since 1942 some of t h e regular
items have not been available. I n these cases alternate
items have been s u b s t i t u t e d with appropriate adjustments
in calculations.
Labor costs a r e based on average hourly earnings for
t h e various building trades engaged in residential construction, which include a n y overtime or bonus p a y on a
p r o r a t e d basis. Either union or non-union rates are used,
depending upon t h e prevailing practice in t h e community.
T h e figures presented in these tables represent revised
indexes for most of t h e individual cities a n d for t h e average
for all cities. These indexes supersede all others previously
published. Those who are interested in a detailed discussion are referred t o a n article in t h e R E V I E W for March
1946 ("Improvements in t h e Building Cost Index") which

RESIDENTIAL CONSTRUCTION: Based on d a t a compiled b y
t h e Bureau of Labor Statistics from reports on building
permits issued for private construction a n d contracts
awarded for public construction, received from about
4,000 cities, towns a n d minor civil divisions.




Pages 1 0 , 11 and 1 2

Page 10: This table presents, b y F H L B District and state,
annual estimates of t h e number a n d permit valuation of
all new residential construction in all nonfarm areas of t h e
United States.
Page 11: T o bring residential construction statistics closer
to t h e actual operations of savings a n d loan associations,
this table presents, b y F H L B District and state, estimates
of nonfarm residential construction during 1945, b y source
of funds. P r i v a t e construction is further broken down t o
show t h e n u m b e r and permit valuation of 1- a n d 2-family
dwellings—the t y p e accepted as security for t h e great
majority of mortgage loans made b y these institutions.
Page 12: Table 10 presents t h e number a n d permit valuation of new dwelling units started in all nonfarm areas
during each m o n t h of 1944 a n d 1945, b y t y p e of structure
and source of funds.
A similar breakdown on annual
totals from 1934 t h r o u g h 1945 is shown in Table 11, while
Table 12 carries comparable d a t a for all urban residential
construction. Estimates for years prior t o 1936 were
made b y t h e National Bureau of Economic Research.
(See R E V I E W , T a b l e 2.)
Pases 1 3 , 1 4 , 1 5, 1 6 , 17 and 18

SAVINGS A N D L O A N MORTGAGE LENDING STATISTICS: Compiled b y t h e Division of Operating
Statistics,
FHLBA,
from monthly reports of cooperating savings
a n d loan associations. Approximately 3,000 Federal,
s t a t e chartered members a n d nonmember associations,
whose combined assets represent about 81 percent of t h e
t o t a l assets of all savings a n d loan associations, a r e included in t h e sample upon which these estimates a r e
based.
Table 13 shows a breakdown of total loans made, by
purpose a n d by class of association originating t h e loans.
T h e percentage distribution indicates t h e relation of t h a t
purpose or class t o t h e aggregate loans for t h e year.

3

Table 14 gives t h e volume of all savings and loan mortgage
lending, by purpose, in each F H L B District. (See R E VIEW, Tables 6 a n d 7.)

Table 15 shows mortgage loans made by all insured
associations in each F H L B District a n d s t a t e .
Pages 19, 20, 21 and 22
MORTGAGE RECORDING DATA: Compiled by t h e Division of Operating Statistics, FHLB A, from monthly reports
prepared by cooperating institutions. T h e coverage on
which final estimates are based includes approximately 625
areas containing more t h a n two-thirds of t h e total nonfarm
population. T o relate mortgage recording t o 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, tnis series provides a n a d e q u a t e means of appraising t h e role being
played by various t y p e s of lenders. I t should be noted,
however, t h a t assignments of mortgages are n o t reflected
in this 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 o v e r s t a t e or understate t h e imp o r t a n c e of a particular t y p e of lender as t h e u l t i m a t e
source of mortgage credit.
I t should also be pointed out t h a t mortgage recordingd a t a are n o t directly comparable with t h e estimates on
home mortgage lending presented in Tables 13 a n d 14.
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 commitment, while recording figures reflect t h e actual date of
mortgage registrations. F u r t h e r , alterations in t h e t e r m s
of a n 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 instrument 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 provides a detailed s u m m a r y of t h e a n n u a l recordings made b y each t y p e of mortgagee from 1942
t h r o u g h 1945, b y F H L B District a n d by s t a t e . 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 , Table 8.)
Table 17 shows t h e estimated a m o u n t of m o r t g a g e s recorded t h r o u g h o u t t h e United States by each t y p e of
lender, m o n t h l y since J a n u a r y 1942. I t also sho\vs t h e
relationship of t h e business done by 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 R E V I E W , Table 9.)
Page 23
FEDERAL HOME L O A N BANK ADVANCES: Compiled
by t h e Bank Operations Section, FHLBA.
T h e ability of
t h e F H L B System t o serve as a credit reservoir for its
member institutions is best demonstrated by t h e volume
of F H L B a n k advances. Table 18 shows, b y months, t h e
a m o u n t of new advances made, r e p a y m e n t s on old balances, a n d advances still outstanding a t t h e end of t h e
period. (See R E V I E W , Table 12.)
FHLB ASSETS A N D LIABILITIES: Compiled b y t h e Bank
Operations Section, FHLBA,
from annual reports of t h e

4




12 F H L Banks. This table presents selected combined
balance sheet items for t h e F H L Banks, 1941-1945, a n d
for individual Banks in t h e latter year.
Pases 24 and 25
FEDERAL HOME L O A N BANK SYSTEM: Compiled b y
the Division of Operating Statistics, FFILBA, from reports
s u b m i t t e d by F H L B members. Asset figures in Tables 20
and 21 are from tabulations made shortly after t h e e n d of
m o n t h or year indicated. Since these were based on
latest d a t a available at t h e time, asset figures m a y differ
slightly from totals compiled later from regular annual
reports.
Table 20 presents 1945 year-end d a t a , b y t y p e of institution, b y District a n d state. Table 21 gives comparable national d a t a for 1935-1945. (See R E V I E W , T a b l e
18, q u a r t e r l y from March.)
Table 22 shows selected statistics for all operating savings
and loan associations for 1922-1944. These d a t a are
compiled from annual reports of F H L B member associations and of state savings and loan supervisory authorities.
Pasc 26
PROGRESS OF INSURED ASSOCIATIONS: Compiled by
t h e Division of Operating Statistics, FHLBA,
from t h e
monthly reports required of all institutions insured b y t h e
Federal Savings a n d L o a n 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 new mortgage loans made, a n d t h e t o t a l
a m o u n t of new private investments a n d repurchases. T h e
repurchase ratio is obtained by dividing t h e repurchases
for t h e quarter b y t h e t o t a l new investments received a n d
it would be possible, therefore, for this figure t o exceed
100 percent if there were a net decline in share capital.
(See R E V I E W , T a b l e 13.)

PaSe 27
WAR HOUSING: Compiled by t h e Housing Market Service, National Housing Agency.
D a t a cover new construction a n d conversions, July 1, 1940 t h r o u g h August 3 1 ,
1945. Categories include: H - l , for essential in-migrant
war workers; H - 2 , t o relieve general congestion in w a r
industry areas; a n d H - 3 , t o t a k e care of individual h a r d ship cases, particularly veterans. " T o Be S t a r t e d " is
housing which was approved as of V J D a y . T h e publicly
financed portion was t h e n t e r m i n a t e d where this was in
t h e public interest; privately financed quotas which h a d
not been t a k e n u p b y builders were withdrawn.
INSURED MORTGAGE OPERATIONS: Compiled b y t h e
Division of Research and Statistics, Federal Housing
Administration.
This table shows t h e n u m b e r of mortgages
which became premium paying (i. e., actually in effect)
from 1938 through 1945. 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 have been in effect during t h e
entire period. All d a t a are for mortgages on 1- t o 4family houses. Figures represent t h e gross insurance
written during t h e period and do n o t t a k e account of
{Continued

on p. 28)

Table 7.—Indexes of residential construction and selected influencing factors, 1935-1945
[1935-1939=100]

Index and year

Annual Jan.

Feb.

Apr.

May

June

July

Aug.

Sept.

Oct.

HOME CONSTRUCTION (private)
65-7
100.9
90.6
140.8
131.1
200.3
I64.O
48.8
78.9
47.0

63.O
112.8
93.9
136.0
168.4
193.3
1B4.2
56.6
70.5
50.4

78.7
115.7
98.6
138.0
157.3
181.2
167.8
51.4
54-3
48.7

79.6
78.8
114.6
99.7
9 6 . 1 105.6
125.3 143.7
178.6 178.2
204.8 208.0
127.0
68.3
48.9
62.2
45.5
49.5
48.8
65-2

90.6
98.1
113.3
141.2
160.8
214.0
61.7
59.6
58.5
71.8

97.9
93.3
115.5
135.3
194.2
238.8
73.0
62.6
52.1
79.1

94.6
92.0
127.7
146.1
192.7
214.2
74.3
62.8
41.7
80.9

101.0 101.0
97-4 83.2
124.1 128.9
135.7 155.6
198.0 201.8
202.7 189-9
71.1
78.7
62.7
59.0
39.8
42.8
96.3 123.9

170
121
106
81
68
52
44.2
32.4
21.0
11.7
9.3

157.2
125.4
106.4
83.1
70.5
49.3
42.9
30.9
18.8
13.7
11.4

159.1
119.2
106.5

156.1
120.5
105O
81.6

152.3
112.9
101.6
78.8
70.3
50.7
38.7
27.3
16.9
10.9
9.1

148.7
113.8
105.5
78.4
66.3
49.0
36.7
28.0
16.1
11.4
10.0

144.2
121.9
100.8
70.9
65-7
48.7
38.0
27.9
15.9
10.3
8.3

143.6
116.6
85.9
73.5
63.8
48.8
34.1
24.3
14.9
9.8
8.9

129.4
122.7
90.1
70.7
62.0
47.5
34.0
25.2
15.6
11.2
8.5

140.4
115.6
85.5
66.7
55.5
49.7
34.0
24.4
13.7
10.2
8.2

94.4
112.1
99.7
123.3
149.9
172.3
131.3
148.0
181.8
239.8

...

49.8
90.9
99.7
115.0
144.7
179-9
199.7
97.2
59.7
51.0
84.7

145.
118.
96.
7564.
48.
3727<
16.
11.
9-

1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946

87.3
109.9
100.3
113.5
136.6
164.2
162.3
118.1
165-3
208.8

88.5
110.8
97.8
1L3.9
139.7
160.8
149.9
223.1
191.7
207.1

88.8
87.2
88.7
118.5 121.5 118.2
100.1 99.5
95.6
112.7 113.1 117.9
138.8 146.5 151.5
I 6 I . 4 163.6 173.2
134.1 134.3 125.7
133.9 133.9 132.9
178.3 166.3 175.3
217.2 208.5 215.7

89.3
120.5
95.5
123.0
139.8
174-7
122.9
142.3
183.9
218.6

9 5 . 1 91.6
115.2 104.9
94.8 101.8
119.3 129.5
160.1 160.2
186.2 176.7
134.2 126.1
156.0 159.9
175.1 188.9
224.7 236.6

97.0
110.2
100.8
126.3
157.3
182.8
132.3
173.0
189.2
228.6

105.6
104.1
100.6
128.7
157.9
176.5
126.5
158.9
186.6
271.0

95.1
95.3
95.4
96.8
97.0
95.8
108.0 107.5
108.2
99.8
99.
100.2
100.1
99.9 100.
104.2
103.2 103117.
112.8 115123.
122.9
123.
123.5 123.
125.
129.4 129.
129131.1 131.
131.

95i9
97.3
107.4
99.9
101.5
106.8
118.8
123.3
125.6
129.5
131.8

96.1
97.5
106
100,
103
109
119
123
L25.8
129.9
132.1

94.8
96.3
111.4
94.0
99.8
105.6
136.2
148.0
155.6
171.7
172.7

93.9
96.4
109.8
97.3
104.5
119.3
143.8
148.3
162.7
171.5
172.6

92.8
97.4
106.8
97.9
110.9
127.4
144.2
143-4
163.3
171.3
172.8

NONFARM FORECLOSURES
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946

10.8

NEW MORTGAGE-LENDING BY ALL
SAVINGS AND LOAN AS30 CIATIONS

1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
WHOLESALE BUILDING MATEittAL PRICES
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946

--

94.8
95.3
96.7
95.7
106.3 102
100.7 102
101.1 99
105.6 104
115.2 111
123.0 122
124.4 122
129.0 126
131.4 130

94.8
94.9
94.5
95.3
95.5
95.7
104.2 107.1 108.0
101.7 102.2 101.8
100.1 100.3 100.1
104.1 104.2 103.3
110.9 111.1 111.8
122.9 123.4 123.1
123.1 123.3 123.2
126.9 127.5 128.6
130.6 130.8 131.0

94.7
95.8
108.5
100.9
99.9
103.3
112.1
122.9
123
129
130.8

WH3LESALE LUMBER PRICES
1935
1936
1937
1938
1939
1940
•1941
1942
19431944
1945
1946




91.1
96.9
111.0
97.3
103.8
114.4
136.4
147.9
157.2
170.0
172.5

89.0
93.5
107.7
98.4
101.9
109.9
131.9
146.5
150.3
I64.4
171.3

88.4
94.1
114.9
98.0
102.1
108.8
130.5
147.8
151.9
165.3
171.4

86.9
95.9
117.9
97.9
101.8
108.5
130.0
148.2
152.2
167.8
171.3

87.1
97.8
119-0
97.0
101.7
107.7
130.0
146.8
152.3
170.8
171.4

89.1
92.9
98.0
97.1
116.9 113.9
95.4
93.4
100.8
99.9
106.9 105.6
130.1 131.0
146.4 146.7
153.8 154.6
171.5 171.5
171.9 172.5

94.5
95.5
110.5
96.8
100.3
109.6
142.0
148.1
161.5
171.9
172.9

5

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Table 3.—Outstanding

mortgage loans on 1 - to 4-family nonfarm homes, 1934-1944
[Millions of dollars]

Type of mortgagee

1931+

1936

1937

1938

1939

19I+0

19U

I9h2

191+3

191+1+

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

"Savings and loan a s s o c i a t i o n s
Insurance companies
Mutual savings banks
Commercial banks. *
Home Owners' Loan Corporation......
Individuals and others.....
Total nonfarm home-mortgage debt

1935

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

$3,237
1,21+5
2,750
1,230
2,763
6,000
17,225

$3,1*20
1,21+6
2,700
i,Uoo
2,398
6,180
17,314+

$3,555
1,320
2,670
1,600
2,169
6,532

$3,758
1,1.90
2,680
1,810
2,038
6,li]+0
18,216

£l*,08i+
1,758
2,700
2,095
1,956
6,510
19,103

$l+,552
1.976
2,730
2,1+70
1,777
6.590
20,095

$l+,556
2,255
2,700
2,1+80
1,567
6.350
19,908

$1+,5SU
2,1+10
2,660
2,1,50
1,338
6.100
19,51+2

$l+,799
2,1*58
2,570
2,l4lO
1,091
6.200
19,528

"TrTfc

191+5

To6/e 4.—New mortgage loans on 1 - to 4-family nonfarm homes, 1934-1944
[Millions of dollars]

Type of mortgagee

1931+

Savings and loan a s s o c i a t i o n s
Life insurance companies
Mutual savings banks
Commercial banks.
Home Owners' Loan Corporation
Individuals and o t h e r s
Total nonfarm home-mortgage lending

1935

1936

$1+51
16
80
110
2,263
J£0_
3,070

$561+
77
80
261+

1938

§755

583
2,011

1L+0
100
I+30
128
605

2,158

232
120
500
27
JZ22_
2,1+99

1939

$798

1937

$986
271+
112
610
151
71+0
2,873

P)|P

105
56O
81
669
2,1,55

19140

191+1

191+2

191*3

191+1+

$.1,200
321+
133
689
11*3
801
3.290

$1,379
371
171
798
63
1.028
3,810

£1,051

$1,181+
272
120
515
51*
1.056
3,183

$1,1*51+
300
ll+0i
601
31
1.^01+
3,830

371+
150
606
1+0

3.155

19I+5

Table 5.—Residential real estate owned by selected institutions, 1939-1944
[Dollar a m o u n t s are shown in millions]

1939
Pet.
Amount

institution

191+0
Amount
Pet.

191+1
Amount P e t .

$681
530
31+2
235
1+62
2,250

Type o f

$1+92
1+71+
298
I67
338
1,789

$328
358
212
127
271+
1,299

30.3
23.6
15.2
10.1+
20.5
100.C

27.5
26.5
16.6
IO.5
18.9
100.0

25.2
27.6
16.3
9.8
21.1
100.0

191+2
Pet.
Amount
$203
295
11+2
85
221
9U6

21.1+
31.2
15.0
9.0
23.1L

100.C

191+3
Pet.
Amount
$117
213
81
1+9
91+
551*

191+1+
Pet.
Amount

21.1
38.5
11+.6
8.6
17.0
100.0

$ 60

23.5
ll+.l
9.1+
1*8.7

36
21+
121+
11
255

191*5
Amount
Pet,

100.0

Table 6.—Indexes of building costs for the standard frame house, 1940-1945
[1935-1939=100]
Feb.

Mar.

Apr.

Way

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

102.2
108.4
119.5
124.4
131.7
136.1

102.3
109.2
120.4
124.9
132.1
136.3

102.2
109.7
121.3
125.1
132.6
136.7

102.1
110.2
121.6
125.5
133.2
136.8

102.1
110.7
122.0
126.0
133.7
136.8

102.1
111.8
122.6
126.3
134.1
137.0

102.1
112.8
123.0
126.7
134.3
137.2

10? .3
114.3
123.4
127.3
134.7
137.4

102.9
115.7
123-3
127.8
135.0
138.0

104.7
117.6
123.5
129.1
135.3
138.4

106.1
118.2
123.6
130.1
135.9
139,0

107.6
118.8
124.3
131.0
136.0
139.2

102.1
111.0
120.4
123.7
131.2
133.8

year

Jan.

103.2
113.1
122.4
127.0
134.1
137.4

I n d e x and

101.3
106.4
118.0
121.3
128.8
132.5

101.3
107.2
119.0
121.5
1 2 9 .4
132.8

101.3
107.9
119.7
121.7
129.8
133.1

101.1
108.2
120.1
121.9
130.4
133.2

101.2
108.4
120.4
122.4
130.9
133.4

101.2
109.0
120.5
122.6
131.4
133.5

101.1
110.2
120.7
123.1
131.6
133.8

101.3
112.1
120.8
123.8
132.1
133.9

U1.9
113.8
121.1
124.5
132.2
134-1

103.3
115.7
121.2
126.1
132.2
134.6

104.5
116.3
121.4
127.2
132.4
135.0

105.7
117.1
121.4
128.1
132.5
135.2

105.4
117.3
126.8
133.7
139.9
144.7

104.0
112.6
122.7
130.5
137.3
143.3

104.2
113.2
123.2
131.8
137.6
143.4

104.2
113.3
124.4
132.0
138.2
143.8

103.9
114.2
124.7
132.8
138.9
143.8

104.0
115.3
125.1
133.4
139.2
143.8

103.9
117.3
126.7
133.7
139.4
143.9

104.C
117.9
127.8
133.9
139.8
144.0

104.3
118.8
128.6
134.1
139.9
144.4

104.7
119.5
129.3
134.3
140.8
145.9

107.3
121.6
129.5
135.3
141.4
146.1

109.2
121.9
129.5
135.7
142.8
147.1

111.5
122.4
130.0
136.9143.0
147.3

Annual

TOTAL COSTS

I94.5

MATERIAL COSTS
1940
1941
1942
1943
1944
1945
1946
LABOR COSTS
1940
1941
1942
1943
1944
1945




Table 7.—Indexes of building costs for the standard frame house in representative cities,

1936-1945
[1935-1939=-100]
1936
Federal Home Loan
Bank D i s t r i c t
and City

II

IV

1938

1937

n

IV

I

II

1939

HI

IV

I

1940

II

III

IV

I

1941

II

III

IV

I

II

III

IV

Boston:
Hartford, Conn
Portland, Maine
Manchester, N. H
Providence, R. I . . . . . .

96.7
96.5
94.7
99.6
95.3

99.1
98.8
95.1
101.1
97.7

108.5
107.4
106.7
105.5
102.8

104.1
107.4
105.9
101.9
104.0

99.8
104.3
99.3
99.0
103.9

97.0
103.9
97.5
98.1
102.9

99.5
99.8
101.0
98.8
102.5

100.7
98.9
102.4
101.1
102.2

100.5
99.0
102.3
100.2
103.0

100.1
99.6
100*9
98.8
104.0

100.0
98.8
101.7
97.0
103.2

101.1
98.6
103.1
97.9
104.2

101.7
98.9
104» 1
98.1
104.6

103-1
98.9
104.0
98.1
105.2

103.2
99.2
104.5
98.1
106.9

107.6
101.6
105.8
99.3
109.7

111.0
106.3
108.0
99.6
111.5

114.4
109.4
112.4
101.5
111.8

123.7
114.3
116.7
103.7
116.-1

125.4
117.0
119.8
105.0
118.1

94.2
95.2
93.9
94.8

96.0
95.6
96.0
96.4

107.3
105.7
104*0
103.3

107.5

104.3
100.2
107.5
104.6

103.9
101.4

106.9
108.7

101.3

104.2
102.4
103.1
102.6

101.5
103.4
101.1
105.0

101.9
103.5
99.5
102.0

103.7
103.4
101.6
100.2

101.8
102.6
100.4
99.2

106.5
105.6
101.9
104.7

108.5
106.6
102.2
103.0

108.8
106.6
103.3
103.8

108.8
106.7
102.5
104.5

114.2
IO7.O
102.9
105.0

117.1
113.2
112.3
108.8

117.3
II4.7
119.4
112.0*

126.6
131.1
120.6
117.3

139.2
135.8
122.5
121.6

96.1
92.4
94-1
93«9

96.2
96.0
99.3
98.0

104-1
113*0
109.7
102.5

104.6
108.9
109.3
109.2

106.5
104.6
105.9
108.8

106.5
105.2
109.3
103.8

106.2
102.5
105.5
102.8

106.2
101.8
104.2
102.4

103.7
102.0
105.0
102.0

100.7
102.6
104.3
101.6

97.5
103.8
104.7
100.9

97.0
105.6
104.1
101.6

97.0
105.8
101.7
101.6

94.2
IO7.4
99.8
101.8

93.9
110.0
100.1
100.7

106.5
112.4
104.6
106.8

108.4
118.0
110.2
108.6

111.5
117.5
111.7
110.1

115.9
120.1
118.7
108.0

122.8
127.9
118.6
115.5

95.8
88.7
98.0
99.3
96.7

98.5
98.8
101.5
107.0
98.9

107.9
108.6
105.1
108.9
104.1

108.1
109.5
104.3
104.9
106.7

108.1
108.9
102.7
102.8
106.0

108.1
109.0
103.1
100.3
104.3

104O
106.1
100.2
99.7
100.4

101.0
106.5
99-1
99.1
100.9

100.9
105.8
96.5
101.4
100.9

98.1
102.9
95.5
100.8
98.0

97.1
104.4
94.9
100.0
98.9

99.2
IO4.4
97.5
102.1
98.4

99.8
104.4
97.4
100.9
96.3

98.1
104.3
96.5
103.9
95.7

98.6
105.2
100.0
106.5
96.8

105.3
108.1
107.2
109.6
105.3

107.2
108.7
111. 5
113.0
105.2

107.1
111.3
113.9
H4.5
106.5

113.5
116.1
117.4
119.5
109.7

114.3
119.8
119.0
123.9
111.3

96.7
97.4
96.7
96.6

99.6
98.0
97.8
97.0

107.8
104.1
106.3
106.2

103.6
105.4
108.0
104.9

101.5
104.3
103.4
102.1

98.8

102.4

99-9
102.2
100.8
101.8

100.8
97.9
100.9
103.1

100.8
96.3
101.1
104.7

101.0
96.6
101.9
102.5

100.7
96.3
102.1
101.2

104.0
97.4
107.6
104.0

104.1
96.7
106.9
103.7

104.8
96.5
105.4
103.6

104*4
97.4
108. 4
102.8

107.0
100*5
110.0
107.5

106.6
100*3
110.5
107.2

106.2
99.4
116.3
108.8

108.6
103.4
121.3
108.8

112.1
111.0
124.7
113.0

96.3
92.3

96.9
92.0

103*1
106.1

109.0

100.8
IO7.O

102.4
105.6

102.3
107.6

101.6
108.0

102.7
108. 3

105.2
107.2

105.2
107.2

101.2
104.0

100.1
101.9

99-0
102.0

99.1
102.4

101.4
105.1

102.0
112.0

104.8
108.7

108.5
112.3

113.0
119.2

98.7
91.9

100.2
98.7

105.7
106.1

105.8
106.9

102.8
103.2

101.1
102.4

99.7
102.4

100.2
102.4

100.0
106.7

100.3
107.0

99.1
106.2

99.4
107.9

99.4
108.2

99.2
108.4

99.0
109.1

98.9
109.8

99.1
112.5

99.9
114-3

103.5
II6.3

104.4
116.6

97.6
97.3
97.0
94.9

99.4
98.0
97.8
95.1

103.6
111.4
104*8
100.4

104.6
106.8
IO4.6
106.3

101.4
101.1
104.3
106.2

99.4
98.4
102.7
103.8

99.0
97.0
102.3
106.8

99.8
97.2
102.1
107.8

101.6
98.5
99.1
105.1

101.6
98.0
99.0
104.0

101.8
96.4
98.1
100.8

102.0
98.0
102.3
101.4

102.6
99.9
102.6
102.2

102.6
99.1
102.4
101.5

102.8
99.9
100.7
103.3

104.8
102.9
100.8
105.0

105.2
108.5
102.6
105.5

106.0
109.0
104.9
108.3

106.1
111.2
105.6
111.1

111.3
119-4
108.8
114.7

99.2
89.9
93.3
94.0
97.0

98.3
97.5
95.2
97.8
97.8

101.1
103.1
102.7
105.2
105.7

99.2
107.1
104.2
103.7
IO4.6

98.8
106.9
105.9
102.7
101.9

98.8
107.2
106.7
103.3
100.3

99.3
105.4
106.2
104.0
102.1

100.9
104.3
105.9
102.1
100.8

101.6
102.2
105.1
103.0
100.6

102.1
101.2
103.3
103.5
100.7

102.7
101.4
103.0
103.5
100.2

103.2
105.3
105.1
104.8
99.9

103.9
104*8
105.4
102.7
101.0

104.4
103.6
106.3
102.1
100.5

104.5
102.5
106.3
103.8
96.8

109.9
119.3
109.6
104.9
104.9

111.8
121.0
113.5
105.6
106.3

112.7
121.6
117.7
106.8
107.6

113.9
123.9
118.9
110.3
108.9

125.0
126.9
121.1
113.1
118.1

95.3
92.6
96.6
96.6

97.2
94.9
98.8
97.6

106.7
102.4
103.5
103.6

105-3
101.8
103.7
104.1

104.3
101.8
101.3
104.1

102.8
105.2
100.9
103.9

104.4
100.8
103.7

102.2
106.9
99.2
104.5

101.0
109.1
100.4
104.7

101.4
108.0
100.3
104.3

99.8
107.7
103.1
104.9

98.9
103.9
105.5
106.8

98.9
103-3
106.S
107.7

96.8
105.9
IO6.4
108.8

96.8
107.2
105.6
IO7.3

100.6
110.0
107.5
119.2

103.3
112.6
111.0
121.2

103.5
114.7
111.8
119.4

109.2
117.3
117.7
125.9

110.6
118.8
120.8
126.8

97.0
97.0
97.3
99-6
97.5 I 97.3
91.6
97.9

103.2
108.4
101.2
107.9

103.7
112.2
106.4

99.9
103.5
103.2
106.0

98.4
100.3
101.9
104.7

98.6
100.4
101.0
101.9

101.0
97.9
100.5
102.0

103.8
98.6
100.5
102.2

104.6 1 0 3 . 4
94.8
95.4
103.0 • 102.8
102.7 1 0 1 . 9

103.8
97.0
102.5
102.8

105.6
97.1
103.1
IO2.9

106.2
98.9
102.8
103.6

106.5
98.7
102.7
103.3

108.3
101.4
103.8
103.4

111.6
102.2
103.8
107.0

112.4
104.2
106.2
110.6

117.5
105.1
111.7
112.7

118.3
111.0
116.6
119.7

96.6
99.4
98.5
98.9

107.6
109.0
104.0
103.2

107.7
107.6
103.5
103.7

106.9
106.7
103.3
103.2

104.9
103.9
103.0
101.9

' 103.6
103.6
102.8
102.1

103.3
99.3
103.4
102.2

98.3
98.2
103.8
102.3

96.5
96.0
103.1
102.1

97.9
95.0
102.5
102.3

99.4
96.3
102.3
104.3

99.0
95.4
102.4
105.0

99.0
95.3
102.1
105.5

99*0
95.4
101.5
105.5

101.2
100.8
103.1
108.6

103.9
101.6
103*3
109.0

104.3
102.7
105.5
109.2

107.7
105.4
112.3
110.6

109.1
109.2
114.3
117.2

Hew York:
Camden, N. J
Newark, N. J
Albany, N. Y

Pittsburgh:
Wilmington, Del
Pittsburgh, P a . . .
Charleston, W Va
»
Winston-Salem
Birmingham, Ala
Washington, D* C
A t l a n t a , Ga
Baltimore, Md
Richmond, 7 a . . . .
Ci nci n n a t i :
L o u i s v i l l e , Ky
C i n c i n n a t i , Ohio
Cleveland, Ohio
Memphis, Term
Indianapolis:
I n d i a n a p o l i s , Ind
D e t r o i t , Mich
Chicago:
Chicago, 111
Milwaukee, Wis
Des Moines:
Des Moines, Iowa
S t . L o u i s , Mo
Fargo, N. D
Sioux F a l l s , S . D
L i t t l e Rock:
L i t t l e Rock, Ark
Hew Orleans, La
Jackson, Miss
Albuquerque, N. M
Houston, T e x a s . . * . . . . .
Topeka:
Denver, C o l o . . . .
Wichita, Kan
Omaha, Neb
Oklahoma C i t y , O k l a . . .
Portland:
B o i s e , Idaho
Portland, Ore
S a l t Lake City, U t a h . .
S e a t t l e , Wash
Los Angeles:
Phoenix, A r i z .
•
Los A n g e l e s , C a l i f . . . .
San F r a n c i s c o , C a l i f . .
Reno, Nevada..

8




96.9
94.8
95.4
98.4

Table 7.—Indexes of building costs for the standard frame house in representative cities,
1936-1945—Continued
[1935-1939=100]
1942
F e d e r a l Heme Loan
Bank D i s t r i c t
and C i t y

I

II

1944

1943
III

IV

I

II

III

IV

I

II

1946

1945

III

IV

I

136.5
152.4
133.2
124.4
141.4

136. 8
152.5
133-4
127.1
I4I.8

136.8
152.5
133.6
127.1
I42.4

137.3
152.5
133.6
127.1
142.7

137.9
153.5
134.2
328.0
146.0

I45.2
161.9
151.4
149.4

.145.2
161.9
151.6
147.1

157.4
349.2

II

III

IV

I

II

III

IV

Boston:
H a r t f o r d , Conn
P o r t l a n d , Uaine
B o s t o n , Mass
M a n c h e s t e r , 1J. H
P r o v i d e n c e , R. I .

128.6
121.4
123.8
108.0
119.8

128.6
122.9
123.9
108.4
120.7

128.5
124.8
125.s
108.7
120.7

128.4
127.7
125.9
108.7
120.7

128.2
129.8
128.3
114.1
I24.O

128.2
134.7
126.9
114.3
128.7

130.3
140.9
128.6
115.4
132.3

134.5
144.6
130.2
116.2
135.6

134.6
146.7
130.5
118.1
136.2

135.1
148.2
132.8
120.0
138.6

135.2
151.4
133.2
124.2
139.7

139.7
136.5
124.6
123.7

13S. 8
137. C
I23.2
325.4

138.9
146.3
130.9
128.2

138.9
153.9
134.2
128.1

138.1
155.5
130.2
128.2

137.3
156.1
130.4
130.8

136.4
149.7
137.6
130.2

135.6
149.7
140.6
134.7

138.8
154.5
L4O.6
135.8

140.7
157.1
L40.4
140.0

143.6
159.3
143.8
142.1

144.6

143.2
159.7
148.0
I44.6

131.0
135.0
118.6
115.9

129.7
137.6
119.5
119.1

129.7
138.5
126.1
121.3

129.7
138.3
127.0
121-3

129.2
138.8
130.7
121.1

129.2
I46.2
133.5
121.3

130.0
I45.7
131.9
121.3

130.8
148.3
131.9
121.6

133.4
148.5
133.5
121.6

134.2
150.0
134.0
132.3

134.9
349.7
134.2
133.14

134.9
151.1
134.6
134.2

134.9
151.4
134.6
134.2

136.2
151.9
134.7
134.1

137.0
158.3
135.0
135.4

137.9
161.1
136.6
136.1

115.7
125.0
120.4
127.1
113.9

115.8
127.4
122.7
128.7
115.1

115.9
126.7
122.7
128.7
116. C

115.9
127.0
125.1
127.8
117.4

115.6
131.2
130.1
132.4
118.4

118.8
133.4
130.1
141.3
120.7

121.6
134.5
134.6
142.7
123.0

124.0
138.9
137-7
I46.4
125.5

126.0
139.1
140.3
147.2
127.3

126.5
141.4
142.5
148.6
130.2

128.4
142.8
143-8
148.6
130.2

128.5
143.3
146.4
150.1
133-1

128.5
344-4
145.8
150.2
133.5

127.4
144.5
145.7
150.5
133.5

127.4
144.5
148.3
152.7
133.8

127.6
150.4
151.7
155.8
135.9

112.8
111.1
125.1
115.8

H4.9
113.1
127.1
117.9

116.4
114.3
127.3
118.6

118.4
116.7
128.1
118.9

119.9
119.1
128.3
120.1

121.2
121.8
128.9
120.1

122.0
124.2
138.5
121.7

126.2
130.7
142.3
133-7

126.5
111.2
139.5
134.4

133.7
133.9
342.6
134-4

134.3
142.6
135.3

134.7
134.6
147. c
135.6

135.2
137.7
347.9
136.0

136.3
138.2
147.5
136.9

135.7
138.3
148.1
137.7

138.4
138.2
149.2
139.9

114.0
119.6

118.2
123.3

1 1 8 . 8 122.6
124.3 125.6

121.2
126.5

121.6
128.8

121.3
129.8

126.0
I42.I

133.9
147.7

134-2
149.6

136.6
152.6

137.3
152.1

138.1
152.3

139.5
152.9

140.5
153.6

I4I.6
153.4

106.7
120.7

106.7
124.4

108.9 108.9
131.6 132.0

109.1
131.5

109.5
131.5

110.3
133.9

111.3
137.9

112.3
141.3

112.0
I42.3

112.0
142.1

112.4
142.4

112.4
342.3

112.6
144.4

115.3
145.8

317.2
I46.9

113.8
120.2
111.5
117.4

115.2
125.1
115.8
119.4

116.7
126.2
117.5
124.2

116.7
120.7
118.8
124.7

116.3
120.6
121.1
124-3

116.1
120.6
122.3
126.2

116.1
118.8
122.3
126.2

116.0
119. o
122.4
126.5

118.3
119.2
123.9
127.7

118.4
123.1
124.7
127.7

121.1
122.7
125.1
130.4

120.9
324.4
125.7
130.8

120.7
126.4
126.7
130.6

120.8
126.9
128.3
131.9

120.8
132.9
127.8
133-0

121.4
149.5
128.1
133-1

127.9
128.5
122.6
116.6
119.5

128.5
128.9
122.7
117.6
116.1

135.0
131.9
122.7
117.7
115.9

135.0
131.9
122.7
117-5
116.6

134.6
131.3
123.4
117.0
116.2

134.7
131.3
123.5
II7.7
116.2

135.0
131.4
123.9
118.7
116.5

135.4
138.4
129.2
130.9
121.5

135.4
141.3
132.3
133-8
323.1

137.6
1/1.2
136.8
133-9
123.6

138.1
141.2
137.2
130.9
126.7

138.5
141.7
137.2
132.0
126.8

138.4
141.9
137.2
134-7
126.4

139.0
341.9
139.0
132.0
126.3

138.8
I4I.9
139.2
132.3
126.8

340.9
I42.7
34I.I
132.5
128.6

112.4
124.4
124.2
125.4

112.2
125.5
125.5
127.7

113.4
126.5
126.5
131.8

112.9
127.5
126.7
132.2

112.9
127.5
126.4
133.0

112.9
129.0
126.3
133.3

115.9
129.1
126.4
144.3

119.6
131.9
129.6
147.1

120.1
133.2
131.2
148.2

322.5
134.4
133.3
149.4

122.8
135.7
134.0
149.4

125.3
135.9
134.5
151.3

128.0
135.9
136.3
151.3

128.2
136.7
137.3
151.4

127.3
136.3
137.3
15L5

129.1
137.3
139.9
153.3

121.2
113.6
118.3
122.7

126.2
115.1
119.6
123.3

126.0
120.1
120.1
122.1

126.0
127.0
120.1
122.1

125.9
133.9
119.7
124.4

126.4
133.0
122.8
126.6

126.9
132.6
122.9
131.0

127.2
132.0
122.3
132.5

133.1
138.5
123.3
131.9

136.8
K0.9
126.8
133.7

137.1
140.9
126.3
134.6

139.1
143.6
129.7
138.9

138.1
143.4
129.7
138.9

138.1
143.4
129.1
138.9

138.9
341.5
129.5
139.6

338.9
I42.4
330.4
135.3

110.3
114.9
119.0
116.1

112.9
120.3
121.6
117.5

111.8 111.8
1 2 8 . 1 129.9
121.6
1 1 8 . 2 119.9

111.4
130.9

111.5
132.9

111.5
133-5

112.5
141.6

119.2

120.6

120.7

119.9

118.5
146.5
128.4
124.6

118.0
148.2
134.5
327.5

122.0
148.9
134.5
133.0

122.0
151.3
135.8
132.9

122.3
150.9
135.3
133.0

122.4
151.4
136.3
133.0

122.3
151.9
136.1
133.1

121.9
153.7
136.5
133.5

New York:
Newark, N» J . •
B u f f a l o , N. Y
Pittsburgh:
Wilmington, Del
P h i l a d e l p h i a , Pa
P i t t s b u r g h , Pa
C h a r l e s t o n , Vf. Va
Vfinston-Salem:
Birmingham, Ala
' " a s h i n g t o n , D. C
A t l a n t a , Ga.
Richmond, Va

L o u i s v i l l e , Ky
Memphis, Tenn
Indianapolis:
I n d i a n a p o l i s , Ind
D e t r o i t , JJich
Chicago:
Chicago, 1 1 1 . .
Milwaukee, Wis
iDes k o i n e s :

F a r g o , N. D
Sioux F a l l s , 3 . D . . . .
L i t t l e Rock:

Jackson 6 V i s s
Albuquerque, N. M...»
Houston, Texas
Topeka:
Denver, Colo
W i c h i t a , Kan
Oklahoma C i t y , O k l a . .
Portland:
B o i s e , Idaho
•
P o r t l a n d , Ore
S a l t Lake C i t y , U t a h . .
Seattle, Wash.........
Los A n g e l e s :
Phoenix, Ariz
Los Angeles, C a l i f . . .
3an F r a n c i s c o , C a l i f .
Reno, N e v a d a . . . . . . . . .




9

Table 8.—New residential construction in all nonfarm areas, by Federal Home Loan Bank
District and state, 1940-1944
[Dollar amounts are shown in thousands]
Number of family dwelling u n i t s

Permit valuation

Federal Home Loan Bank
D i s t r i c t and S t a t e
1944

1943

1942

169,300

350,000

496,600

2,000

11,000

1,200
200
500

6,100
2,300
2,300
10
200
90

1940

1944

1943

1942

715,200

602,600

$468,803

$895,625

$1,530,606

22,300

39,200

30,400

7,679

35,393

83,393

11,500
3,800
5,100
300
1,200
400

14>900
3,500
13,700
2,500
3,700
900

10,200
2,700
12,000
1,300
3,500
700

5,118
698
1,606

44,631
12,869
19,157
917
4*611
1,208 1

19a

1941

1940

$2,502,818 $2,021,367
163,874

124,167

65,799
11,433
58,664
9,745
13,996
4,237

45,931
8,785
48,600
4,626
12,973
3*252

2,800

11,800

36,600

72,900

73,500

8,993

20,379
6,840
7,373
11
524
266
32,884

132,575

299,464

284*860

1,900
900

8,300
3,500

15,600
21,000

24,000
48,900

17,900
55,600

5,937
3,056

15,887
16,997

54,387
78,188

97,006
202,458

.72,563
212,297

4,800

22,300

28,700

56,300

36,000

14,889

70,569

111,721

226,009

143*335

200
4,300
300

3,500
18,200
600

1,700
24,800
2,200

1,300
45,700
9,300

1,200
26,500
8,300

547
13,991
351

9,775
59,516
1,278

6,758
97,818
7,145

5,653
190,372
29,984

4*827
109*855
28,653

29,900

70,000

106,500

131,100

113,400

66,891

161,056

293*239

378,530

318,861

2,500
2,500
8,700
5,000
5,700
1,200
700
3,600

5,600
5,234
8,766
13,000
13,700
5,800
2,600
15,300

15,000
9,632
7,268
10,000
16,400
5,200
7,400
35,600

11,600
10,690
21,610
14*900
23,200
16,800
9,200
23,100

10,000
8,680
22,020
15,400
15,900
13,300
7,400
20,700

3,315
6,977
18,256
9,413
14,721
1,566
1,074
11,569

8,693
14*974
17*709
27*231
35*800
12,330
4,169
39*950

36,203
30,025
18,806
21,225
44,750
13,157
17,019
112,054

24,834
35,531
70,159
30,675
70,011
43,806
22,241
81,273

21,675
30,599
70,076
34,040
42,127
33,304
17,114
69,926

12,300

23,700

30,900

59,700

46,300

40,888

75,370

108,890

223,135

165,973

600
7,300
4,400

1,100
20,200
2,400

3,800
23,100
4,000

8,100
39,300
12,300

7,700
29,200
9,400

1,125
29,706
10,057

2,197
68,455
4,718

9,555
88,797
10,538

22,283
167,273
33,579

18,785
124,123
23,065

13,300

29,900

37,800

57,700

46,100

50,981

100,984

144*244

225,094

175,027

2,700
10,600

4,000
25,900

14,500
23,300

17,200
40,500

12,100
34*000

9,114
41*867

9,194
91,790

47,205
97,039

58,005
167,089

39,718
135,309

100

257

9,600

11,100

20,300

40,200

31,000

39,493

44*547

74*669

177,567

131,687

7,900
1,700

8,700
2,400

15,100
5,200

28,300
11,900

21,500
9,500

32,667
6,826

36,005
8,542

57,151
17,518

133*398
44*169

97*542
34,145

3,000

1,800

11,600

33,800

30,900

8,047

4,037

36,381

122,518

102,142

543
160
1,576

27,295
45,373
42,285
3,798
3,767

22,354
40,098
33,361
3*130
3,199

400
800
1,700

200
100
800

100

Iowa

700

28,400

46,100

2,400
3,000
5,400
100
700

7,500
11,300
12,500
1,200
1*300

6,600
11,300
10,600
1,100
1,300

231

1,758

7,582
11,099
15,742
245
1,713

72,840

104*816

170,834

149,606

12,145
30,958
11,298
6,427
110,006

9,450
25,654
12,589
6,198
95,715

1,271
3,077
3,468

43,500

63*900

56,900

52,397

3,800
8,600
6,700
2,700
35,100

1,016
16,126
1,848
1,540
31,867

4*275
8,860
7,293
4,331
48,081

14*067
13*311
8,050
2,949
66,439

1,100
7,300
1,500
900
17,600

14*000

21,200

25,600

20,400

12,626

37,922

57,767

72,461

58,999

900
1,600
1,200
1,500

1,300
5,000
3,600
4,100

1,500
10,900
1,700
7,100

6,200
8,000
3,000
8,400

5,800
5,300
2,800
6,500

2,192
3,807
4,106
2,521

3,733
11,077
8,882
14,230

3,913
28,930
5,057
19,867

17*742
18,668
10,107
25,944

17,042
12,938
9,143
19,876

10,100

43*600

54,100

32,700

28,300

32*644

112,968

152,394

104,420

82,848

500
300
2,700
1,400
4,800
400

1,200
200
8,300
7,400
25,300
1,200

500
400
18,600
5,200
29,200
200

2,000
2,000
7,100
3,600
16,900
1,100

2,200
2,400
6,600
3*500
12,600
1,000

1*065
959
7,717
5,652
16,114
1,137

2,989
440
22,851
21,101
62,643
2,964

1*440
1,162
45,673
14,686
88,867
566

5,484
5,805
21,404
11,643
56,223
3,861

5,315
6,213
18,600
11,012
38,225
3,483

47,900

64,700

83,100

102,100

89,400

133,275

147,035

230,517

338,912

283,862

1,000
46,500
400




6,400
4,900
4,200
1,100
26,900

5,200

10

3,100
5,700
4,900
2,500
29,900

4*900
10,300
6,600
2,600
39,500

4,400
58,100
2,200

2,300
77,400
3,400

3,000
97,900
1,200

3,100
85,400
900

2,542
129,883
850

9,710
131,944
5,381

5,881
212,969
11,667

8,601
325,710
4,601

7,938
272,801
3,123

Table 9.—New residential construction in all nonfarm areas, by type of structure and source of
funds, 1945
[Dollar a m o u n t s are shown in thousands]
Permit v a l u a t i o n

Number o f f a m i l y d w e l l i n g u n i t s provided
F e d e r a l Hoae Loan Bank
D i s t r i c t end S t a t e

P r i v a t e coris t r a c t i o n

Private construction

1-family

2-family

3-«&-aore
family
dwellings

1892,398

1848,175

$758,327

#33,696

$56,152

26,602

26,602

24,425

772

1,405

5,570
1,481
13,607
1,483
4,079
382

5,570
1,481
13,607
1,483
4,079
382

5,284
1,321
32,087
1,467
3,889
377

82
579
16
90
5

204
360
941

335

63,973

62,222

49,599

2,627

9,996

1,751

335

19,679
44,294

17,928
44,294

15,311
34,288

399
2,228

2,218
7,778

1,751

26,400

26,400

22,559

1,651

2,190

1,179
22,064
3,157

1,179
22,064
3,157

1,134
18,429
2,996

1,544
107

45
2,091
54

2,304

131,452

123,176

109,447

3,334

10,395

8,276

44
440
1,670

6,225
9,628
46,994
10,193
15,083
10,443
2,392
22,213

6,103
5,091
41,068
9,796
14,672
10,062
2,260
20,395

91
1,555
235
348
220
90
795

31
4,537
4,371
362
63
361
42
1,028

165
2,161
5,627

150

6,390
11,789
52,621
10,193
15,083
10,443
2,392
22,541

350

72,798

71,423

61,314

3,101

7,008

1,375

77
1,263
110

350

3,353
58,637
10,808

3,353
57,262
10,806

3,328
48,335
9,851

28
2,391
682

197
6,536
275

1,375

371

746

72,592

71,350

68,527

1,609

1,214

1,242

144
201

103
268

746

17,111
55,481

15,869
55,483.

15,209
53,318

456
1,153

204
1,010

1,242

2-family

3-*-more
family
dwellings

Public
construction

229,157

202,592

9,966

16,599

16,343

5,500

4,944

198

358

1,000
400
2,800
300
900
100

1,000
400
2,800
300
900
100

917
374
2,405
293
857
98

22
145
7
22
2

61
26
250

13,200

12,865

10,042

678

2,145

4,500
8,700

4,365
8,700

3,405
6,637

108
570

652
1,493

6,300

6,300

5,308

444

548

300
5,000
1,000

300
5,000
1,000

290
4,090
928

2
393
49

8
517
23

45,600

43,296

38,422

1,275

3,599

3,600
3,352
17,248
4,600
5,000
3,300
1,400
7,100

3,556
2,912
15,578
4,600
5,000
3,300
1,400
6,950

3,450
1,171
13,826
4,407
4,775
3,111
1,297
6,385

72
553
79
102
116
84
269

34
1,741
1,199
114
123
73
19
296

15,300

14,950

12,814

686

1,450

1,100
10,400
3,800

1,100
10,050
3,800

1,010
8,353
3,451

13
434
239

15,100

Mar^la*!

1-family

5,500

Alabama
D i s t r i c t of Columbia..

Total

245,500

Delaware

Public
construction

Total

Total
construction

345

_
:

21

-

Total
construction

100

$44,223

„,

_
—
_
„

_
_
«.
_.

„

323

4,054
10,300

3,807
9,831

14,878

13,101

543

1,234

522

78,754

76,085

68,223

2,796

5,066

2,669

11,600
3,800

11,178
3,700

10,008
3,093

226
317

944
290

422
100

60,266
18,488

57,923
18,162

52,775
15,448

1,154
1,642

3,994
1,072

2,343
326

9,300

9,170

8,470

416

284

130

35,858

35,450

33,243

1,454

753

408

1,400
4,500
2,300
600
500

l,40u
4,500
2,200
600
470

1,329
4,260
1,898
540
443

27
202
175
2
10

44
38
127
58
17

10U

4,896
20,598
7,043
1,604
1,309

4,727
19,694
6,093
1,460
1,269

84
823
528
4
15

85
81
422
140
25

—
285

30

4,896
20,598
7,328
1,604
1,432

36,200




13,638

15,400

Arkansas

14,354

4,800
10,300

35,205

32,136

1,719

1,350

995

78,406

76,093

69,162

3,747

3,184

2,313

2,000
4,400
2,200
1,300
26,300

1,900
4,400
2,200
993
25,712

1,758
3,075
2,093
941
24,269

61
934
71
24
629

81
391
36
28
834

100

307
588

3,744
8,301
3,037
2,460
60,864

3,524
8,301
3,037
1,654
59,577

3,329
5,980
2,891
1,584
55,578

327
1,797
90
47
1,686

268
524
56
23
2,313

_806
1,287

8,900

8,610

7,603

24I

766

290

28,089

27,351

24,755

557

2,039

738

3,200
1,900
900
2,900

3,200
1,630
900
2,880

2,441
1,545
856
2,761

71
59
16
95

688
26
28
24

270
20

11,822
4,890
3,389
7,988

11,822
4,239
3,389
7,901

9,723
4,106
3,195
7,731

220
103
101
133

1,879
30
93
37

17,700

13,906

13,051

339

536

3,794

60,195

50,989

48,458

1,189

1,342

9,206

1,000
500
4,800
1,300
9,600
500

895
490
4,297
1,224
6,500
500

862
455
4,100
1,166
6,046
422

14
10
99
26
179
11

19
25
98
32
•275
67

105
10
503
76
3,100

3,493
1,351
15,309
4,943
33,500
1,599

3,067
1,323
14,323
4,752
26,325
1,599

2,970
1,249
33,418
4,580
24,783
1,458

44
29
354
314
632
16

53
45
351
58
730
325

426
28
1,386
191
7,375

57,000

50,123

43,063

3,082

3,978

6,877

217,279

201,034

178,615

10,859

11,560

36,245

2,100
53,800
1,100

1,600
47,725
798

1,427
40,859
777

48
3,018
16

125
3,848
5

500
6,075
302

7,958
205,565
3,756

6,438
191,679
2,917

5,860
169,883
2,872

154
10,680
25

424
11,116
20

1,520
13,886
839

123

220

651
87

11

Table 10.—New

residential construction in all nonfarm areas of the United States, by months,
1944-1945
[Dollar amounts are shown in thousands]
Number of family dwelling u n i t s provided

Permit valuatioi
Private construction

Private construction
Year and month
Total
construction

1-family

2-family

3-k-more
family
dwellings

Public
construction

Total
construction

3-i-oore
family
dwellings

1-family

1944
17,300
13,500
18,100
14,300
16,500
17,500
U,500
12,800
11,300
11,100
11,600
10,800
Annual T o t a l ,

12,195
11,678
13,435
12,830
14,673
15,043
12,392
11,067
9,438
9,721
9,087
7,152

10,079
9,834
11,169
10,339
11,542
12,245
10,6U
9,082
8,028
8,021
7,508
6,059

1,027
457
1,219
1,084
1,049
1,488
922
710
621
785
6$
605

1,089
1,387
1,047
1,407
2,082
1,310
829
1,275
789
915
920
488

5,105
1,822
4,665
1,470
1,827
2,457
2,108
1,733
1,862
1,379
2,513
3,648

$ 48,784
39,517
51,419
39,165
45,638
48,930
40,332
36,626
30,494
29,736
30,358
27,734

* 36,384
35,068
40,548
36,039
40,238
42,419
34,525
31,518
26,954
25,806
23,438
18,382

* 30,107
29,177
33,262
28,416
31,297
33,458
29,462
25,377
22,372
21,166
19,217
15,730

« 3,167
1,374
4,359
3,680
3,353
5,116
2,628
2,531
2,119
1,963
1,820
1,463

t 3,110
4,517
2,927
3,943
5,588
3,845
2,435
3,610
2,463
2,677
2,401
1,189

169,300

138,711

114,547

10,626

13,538

30,589

468,803

391,319

319,041

33,573

38,705

7,700
7,500
13,200
19,300
18,700
22,300
23,300
20,400
21,800
2?,800
31,400
29,100

January
February
March
April
May
June
July
August
September
October
November
December

7,302
7,660
11,615
13,456
16,535
20,412
19,948
20,154
21,800
29,775
31,400
29,100

6,290
6,595
9,898
10,916
14,735
18,711
17,377
18,364
19,665
26,696
28,229
25,116

243
400
949
897
978
619
823
668
888
929
1,146
1,426

769
665
768
1,643
822
1,082
1,748
1,122
1,247
2,150
2,C25
2,558

398
840
1,585
5,844
2,165
1,888
3,352
246

. 20,436
25,455
38,306
57,502
61,391
73,528
79,991
74,903
80,094
124,532
129,195
127,065

19,342
22,335
34,625
42,197
55,697
68,288
70,881
74,162
30,094
124,»4
129,195
127,065

16,598
18,930
29,803
35,038
50,082
63,228
62,511
67,887
72,280
111,861
117,642
112,467

639
1,068
2,594
2,618
3,254
2,092
2,811
2,244
3,306
3,779
4,379
4,912

2,105
2,337
2,228
4,541
2,361
2,968
5,559
4,031
4,508
8,654
7,174
9,686

758,327

33,696

56,152

1945
January
February.
March
April

toy.
June
July
August
September
October
November
December
Annual T o t a l

25

16,599

1946
January
February
March
April
May
June
July
August
September
October
November
December
Annual T o t a l

Table 11.—New

residential construction in all nonfarm areas of the United States,
1934-1945
Number of family units provided

Type of construction
1945

1944

1943

1942

1941

1940

1939

1938

1937

1936

1935

1934
126,000

245,500

350,000

496,600

715,200

602,600

515,000

406,000

336,000

319,000

221,000

138,711

183,728

301,193

619,460

529,571

458,000

399,000

332,000

304,000

216,000

126,000

202,592
9,966
16,599

114,547
10,626
13,538

136,332
17,766
29,630

252,323
17,463
31,407

533,185
28,393
57,882

447,571
25,577
56,423

373,000
20,000
65,000

316,000
18,000
65,000

267,000
16,000
49,000

243,000
14,000
47,000

182,000
8,000
26,000

109,000
5,000
12,000

16,343

3-and-more family dwellings....

169,300

229,157

30,589

166,272

195,407

95,740

73,029

57,000

7,000

4,000

15,000

5,000

7ab/e 72.—New residential construction in all urban areas of the United States, 1 9 3 4 - 1 9 4 5
Nurabe " of family units provided
Type of construction
1939

1938

1937

1936

1935

1934

397,466

342,107

245,753

205,467

198,973

113,000

46,000

333,166

286,654

239,047

201,368

185,626

113,000

46,000

295,024
22,752
51,689

262,021
19,966
51,179

212,135
14,697
59,822

166,348
13,875
53,824

143,325
12,962
45,581

131,245
11,163
43,218

70,117

64,300.

55,453

6,706

3,599

13,347

1945

1942

1941

1940

114,799

209,630

280,838

439,582

150,712

93,173

119,714

1C4,S92

369,465

125,495
9,248
15,969

71,278
9,908
11,987

78,750
16,234
24,730

138,908
15,747
30,237

10,008




1943

160,720

12

1944

21,626

89,916

95,946

5,000

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Table 74.—Estimated volume of new mortgage loans by all savings and loan associations, by
Federal Home Loan Bank District and type of loan, 1943-1945
[Thousands of dollars]
Bank D i s t r i c t
and purpose of loan

Annual

January

February

March

April

$ 98,773
106,780
125,996

$4,244
5,571
6,852

$3,474
5,678
5,375

$5,280
7,136
7,541

5,722
4,262
5,240

417
111
62

77
495
104

73,975
82,700
94,666

2,778
4,161
5,418

10,049
10,854
12,821

1945

1945

May

June

July

August

September

October

November

Decsaber

$ 8,018
8,056
11,384

$ 9,215
10,439
11,782

$10,160
12,085
13,007

$ 9,377
10,079
10,868

$ 9,247
10,353
11,461

$11,094
9,753
11,149

$ 9,953
10,356
12,671

$10,266
8,958
12,138

$ 8,445
8,316
11,268

363
311
157

225
282
936

421
160
173

524
419
1,033

325
495
371

543
596
416

1,121
528
214

318
561
461

595
228
591

793
76
722

2,159
4,023
4,358

3,676
5,296
5,779

5,976
6,147
8,614

7,240
8,512
9, 477

7,832
9,671
9,085

7,333
8,052
8,758

7,100
8,004
8,427

8,475
7,357
7,829

7,848
7,933
9,427

7,515
6,959
9,085

6,043
6,585
8,409

489
623
856

70S
546
744

695
951
866

958
781
935

840
893
1,185

893
1,129
1,110

854
764
956

823
1,073
1,142

695
1,071
1,627

838
1,048
1,226

1,364
1,102
1,088

892
873
1,086

2,666
3,272
5,331

114
143
214

IIS
164
360

184
232
165

170
315
348

207
326
320

251
242
481

337
352
362

230
345
813

323
274
470

292
300
605

220
229
697

220
350
496

6,361
5,692
7,938

446
533
302

412
450
309

362
346
574

689
531
551

507
548
627

660
624
1,298

528
416
421

551
335
663

480
523
1,009

657
514
952

572
440
677

497
432
555

89,296
133,035
187,331

4,322
6,517
9,483

4,731
6,945
8,345

5,323
8,748
12,7a

6,625
9,316
15,062

7,239
11,964
17,680

8,886
13,864
17,226

8,036
11,259
15,889

9,421
13,032
17,143

9,598
13,953
16,899

9,241
13,948
19,346

8,048
11,899
18,758

7,826
11,590
18,259

4,125
2,890
4,378

372
53
29

128
608
29

163
100
37

377
277
250

443
119
516

589
286
105

275
157
397

747
494
532

360
320
652

3H
199
588

158
36
591

199
24I
652

62,839
104,382
152,778

2,508
4,637
7,693

2,423
4,541
6,623

3,237
6,479
10,048

4,447
7,405
11,868

4,484
9,698
15,039

6,024
10,576
14,696

6,767
10,628
14,317

7,442
10,993
13,826

7,301
11,267
15,727

6,342
10,036
14,699

5,648
8,764
14,859

15,615
17,598
20,882

1,098
818
1,339

1,427
1,300
1,436

1,407
1,600
2,024

1,275
1,050
1,935

1,703
1,416
1,528

1,601
2,096
1,562

1,099
1,262
1,435

1,431
1,411
1,726

1,065
1,936
1,635

1,148
1,699
2,147

1,064
1,448
2,237

1,297
1,562
1,878

2,047
1,625
1,749

106
79
75

216
89
56

128
109
67

221
148
102

264
312
157

177
104
119

208
106
149

104
186
176

183
156
228

142
137
201

144
118
201

154
81
218

4,670
6,540
7,544

238
930
347

537
407
701

388
46O
565

305
436
907

345
419
440

495
802
744

238
376
525

372
313
392

548
548
558

336
646
683

340
261
1,030

528
942
652

101,098
123,055
154,716

5,214
7,004
8,608

5,761
7,966
8,304

8,311
9,492
11,198

8,676
11,294
13,674

8,313
10,534
14,989

9,000
11,129
14,261

9,475
10,095
12,094

9,732
11,866
13,881

9,301
11,551
13,621

10,167
10,997
15,261

9,224
11,023
14,501

7,924
10,104
14,324

3,917
3,527
4,770

465
101
145

395
182
16

206
387
459

429
1,254
158

212
179
357

180
118
115

807
308
229

I64
44
738

338
235
914

297
118
836

259
547
533

165
54
270

77,318
100,732
132,211

3,291
5,590
7,408

3,803
6,316
7,138

6,231
7,356
9,208

6,437
8,359
12,012

6,397
8,603
13,013

7,071
9,490
12,555

7,163
8,356
10,423

7,896
10,343
11,649

7,276
9,535
11,347

8,185
9,243
12,814

7,343
9,174
12,252

6,225
8,367
12,392

15,284
13,844
12,588

1,209
917
744

1,141
1,081
917

1,398
1,333
1,149

1,324
1,355
1,221

1,331
1,248
1,215

1,464
1,126
1,240

1,211
1,080
1,005

1,318
1,062
941

1,313
1,326
880

1,320
1,238
1,020

1,161
900
1,209

1,094
1,128
1,047

1,923
1,815
1,650

75
141
58

207
147
49

204
129
124

132
143
123

148
166
128

151
188
135

160
179
127

192
118
182

169
208
158

194
116
181

160
139
198

131
141
187

2,656
3,137
3,497

174
255
253

215
240
184

272
237
258

354
183
160

225
338
276

134
207
216

134
172
310

162
299
371

205
247
322

171
282
410

301
263
309

309
414
428

BOSTON

1946

1945
1946

NBT YORK

1945

1944
1945

1944

6,216
9,358 .
13,333

1946

PITTSBURGH

1945

1944

1944

14




Table 14.—Estimated volume of new mortgage loans by all savings and loan associations, by
Federal Home Loan Bank District and type of loan, 1943-1945—Continued
[Thousands of dollars]
Bank D i s t r i c t
and purpose of loan

Annual

January

February

March

April

May

June

July

August

September

October

November

December

$143,218
171,441
243,851

$ 8,470
9,944
13,329

1 8,034
11,991
14,212

$11,033
15,724
17,097

$11,381
14,416
18,721

$11,542
14,904
19,868

$11,356
16,888
19,169

$13,532
14,072
19,449

$14,901
15,338
22,668

$14,041
14,735
20,798

$13,939
15,142
25,723

$12,024
14,585
27,189

$12,465
13,702
25,628

15,277
7,671
25,817

1,283
335
514

891
824
404

1,039
1,415
833

1,840
1,050
1,152

1,792
687
2,287

1,043
1,217
1,818

1,432
240
2,046

2,132
573
3,603

1,724
386
2,163

580
353
3,365

411
187
4,231

1,110
404
3,351

81,495
107,940
148,802

4,060
6,034
8,621

4,432
7,123
8,297

5,631
8,996
10,936

6,015
8,559
11,105

6,330
9,543
12,428

7,131
10,264
11,864

7,238
9,158
12,136

8,722
10,369
14,052

8,711
9,911
12,301

8,337
9,749
. 15,577

7,509
9,601
16,023

7,379
8,633
14,912

27,229
29,494
36,513

1,934
2,001
2,269

1,914
2,331
2,434

2,785
2,786
2,793

2,160
2,642
3,409

2,076
2,701
3,178

2,355
2,285
2,863

2,875
2,914
2,487

2,615
2,129
2,711

2,206
2,267
3,039

2,553
2,454
3,539

1,372
2,509
3,722

1,884
2,475
4,069

3,548
3,757
5,192

182
216
258

160
243
292

279
337
351

343
351
349

274
392

257
401
375

295
302
372

260
297
448

336
368
436

371
286
689

439
319
553

352
245
651

15,669
22,579
27,527

1,011
1,358
1,667

637
1,470
2,785

1,299
2,190
2,184

1,023
1,814
2,706

1,070
1,581
1,557

1,070
2,721
2,249

1,692
1,458
2,358

1,172
1,970
1,854

1,064
1,803
2,359

2,098
2,300
2,553

1,793
1,969
2,610

1,740
1,945
2,645

212,964
249,679
313,820

10,496
13,543
15,071

12,933
15,612
16,578

17,055
19,295
24,140

18,732
20,463
27,011

19,720
24,806
27,445

20,385
23,804
27,691

19,852
21,325
27,836

20,390
25,344
28,442

21,547
23,920
26,322

19,004
24,371
31,352

17,591
19,965
32,093

15,259
17,231
29,839

15,056
9,997
23,664

792
867
279

691
339
349

1,612
586
817

1,395
842
1,199

1,798
1,834
1,940

1,759
1,111
2,645

1,541
659
2,732

1,291
1,035
2,239

1,403
774
2,530

1,023
652
3,009

917
600
3,221

834
698
2,704

146,286
188,944
226,585

6,300
9,883
11,036

8,306
11,889
11,902

11,145
14,514
18,431

12,707
15,811
20,637

13,072
18,134
20,565

13,803
17,967
19,657

13,995
16,147
19,828

14,745
19,424
20,133

15,065
18,622
18,216

14,005
18,267
22,231

12,701
15,483
22,705

10,442
12,803
21,244

31,542
26,637
30,880

2,400
1,440
2,069

2,606
1,902
1,990

2,631
2,116
2,505

3,033
2,096
2,649

3,020
2,540
2,413

3,144
2,214
2,806

2,645
2,217
2,563

2,559
2,586
3,163

3,124
2,321
2,555

2,157
3,089
2,664

2,209
2,118
2,951

2,014
1,998
2,552

5,546
7,105
9,140

281
257
353

310
398
387

481
561
652

447
619
727

519
677
790

467
820
781

477
634
803

485
770
840

658
746
864

539
664
1,168

416
577
1,010

466
382
765

14,534
16,996
23,551

723
1,096
1,334

1,020
1,084
1,950

1,186
1,518
1,735

1,150
1,095
1,799

1,311
1,621
1,737

1,212
1,692
1,302

1,194
1,668
1,910

1,310
1,529
2,067

1,297
1,457
2,157

1,280
1,699
2,280

1,348
1,187
2,206

1,503
1,350
2,574

70,442
81,198
108,216

3,442
4,261
5,616

4,522
6,532
6,978

4,923
5,923
7,517

5,529
6,259
8,530

5,767
7,387
9,475

6,285
7,635
8,805

8,033
7,061
8,618

7,306
8,271 1
9,133

6,595
7,345
8,976

7,183
7,622
11,529

5,772
6,901
11,757

5,085
6,001
11,282

6,966
5,555
6,353

566
304
191

265
496
80

432
481
229

325
543
297

425
498
334

738
717
327

809
432
426

764
514
691

642
408
714

816
349
1,075

631
535
886

553
278
1,103

46,748
58,297
78,206

1,891
2,987
4,095

3,071
4,640
5,495

3,201
4,137
5,635

3,683
4,389
6,421

3,798
5,362
7,046

4,004
5,211
6,252

5,784
5,162
6,274

4,870
6,092
6,382

4,501
5,516
6,304

4,885
5,486
7,950

3,758
4,990
8,601

3,302
4,325
7,751

9,363
9,468
11,935

557
576
781

747
753
805

716
812
867

785
733
1,027

815
809
1,043

971
887
1,210

794
748
892

973
846
1,052

725
686
1,009

857
1,003
1,063

743
800
982

680
315
1,204

3,691
3,154
3,979

248
148
173

226
262
190-

277
200
284

339
231
333

344
241
433

331
330
325

323
315
359

379
380
311

381
275
334

283
329
482

323
221
414

237
222
341

3,674
4,724
7,743

180
246
376

213
381
408

297
293
502

397
363
452

385
477
619

241
490
691

323
404
667

320
439
697

346
460
615

342
455
959

317
355
874

313
361
883

WINSTON-SALKM

1944

as

CINCINNATI

•

INDIANAPOLIS




15

Table 74.—Estimated volume of new mortgage loans by all savings and loan associations, by
Federal Home Loan Bank District and type of loan, 1943-1945—Continued
[Thousands of dollars]
Bank D i s t r i c t
and purpose of l o a n

Annual

January

February

March

April

May

$119,363
163,857
214,528

$4,907
8,057
9,886

$ 5,799
10,633
11,875

$ 8,509
13,193
17,176

$10,352
14,215
18,555

$10,024
15,550
17,982

$11,205
16,052
20,143

4,699
8,827
18,603

178
531
332

164
1,105
211

205
538
802

284
636
923

309
498
1,135

87,777
126,984
161,025

2,949
5,711
7,751

3,619
7,264
9,546

6,045
10,344
13,701

7,855
11,086
15,039

16,203
15,819
17,070

1,010
995
883

1,197
1,345
982

1,515
1,267
1,252

3,566
3,136
3,725

227
220
130

265
257
170

7,118
9,091
14,105

543
600
790

66,706
91,443
116,997

June

July

August

September

October

NbTember

December

$11,458
14,938
17,487

$12,204
15,300
19,545

$12,979
15,222
18,504

$11,658
15,718
21,779

$10,720
12,630
21,997

$ 9,548
12,349
19,599

339
704
2,290

285
948
1,636

566
669
2,312

347
531
1,728

489
995
2,505

388
644
2,728

1,145
1,028
2,001

7,606
12,331
13,881

8,604
12,793
14,260

8,572
11,686
12,916

9,198
12,229
13,854

9,983
12,171
13,644

8,987
12,177
15,727

7,789
9,963
15,861

6,570
9,229
14,845

1,330
1,556
1,503

1,245
1,296
1,387

1,359
1,636
1,864

1,631
1,319
1,572

1,422
1,379
1,672

1,478
1,351
1,441

1,393
1,252
1,753

1,420
1,075
1,633

1,203
1,348
1,128

293
200
226

272
260
293

287
336
347

280
272
304

309
266
311

398
271
358

420
313
448

278
289
476

345
306
379

192
I46
283

554
662
966

451
844
1,195

611
677
797

577
1,089
1,232

623
647
1,425

661
719
1,052

620
752
1,349

751
856
1,243

511
1,005
1,318

778
642
1,396

438
598
1,342

2,429
3,711
6,108

3,090
5,464
6,101

4,826
7,305
8,915

5,614
7,890
8,835

5,954
8,553
9,157

5,909
8,754
9,876

6,151
8,187
9,572

7,200
9,396
11,303

7,420
9,350
10,296

6,899
8,775
12,117

5,646
7,279
12,809

5,568
6,779
11,908

1,994
3,178
6,142

109
58
220

38
145
42

13
210
138

37
423
124

91
109
227

135
215
402

325
191
565

53
564
780

536
255
505

91
237
1,L25

483
196
1,134

83
575
880

48,098
70,221
87,778

1,349
2,670
4,634

1,926
4,139
4,840

3,400
5,782
7,147

4,028
5,917
7,035

4,299
6,945
7,392

4,413
7,033
7,643

4,491
6,316
6,845

5,692
6,970
8,336

5,431
7,172
7,492

5,190
7,002
8,521

3,954
5,52S
8,999

3,925
4,747
8,894

10,455
9,778
12,975

716
596
601

789
641
624

1,003
763
988

1,131
848
907

1,088
783
769

699
800
1,066

771
983
1,217

916
912
1,212

792
910
1,339

896
828
1,403

663
839
1,699

991
875
1,150

2,549
1,640
3,163

72
77
172

76
75
84

118
105
206

170
133
190

219
118
243

299
138
229

282
148
275

283
166
295

333
172
404

290
173
364

200
133
339

207
202
362

3,610
6,626
6,939

183
310
481

261
464
511

292
445
436

248
569
579

257
598
526

363
568
536

282
549
670

256
784
680

328
841
556

432
535
704

346
583
638

362
3S0
622

61,133
75,042
90,802

3,692
4,624
6,426

3,636
7,147
5,767

4,548
6,244
7,448

5,363
6,476
7,276

5,077
7,077
6,766

5,656
6,L44
7,607

5,700
6,049
7,746

6,667
6,566
7,730

5,965
6,317
9,311

4,903
5,568
9,785

5,358
5,118
8,673

7,603
9,^50
11,345

894
656
519

436
1,887
312

253
604
642

333
2,507
476

906
495
764

408
1,236
730

278
409
840

390
347
1,202

1,616
615
1,300

698
507
1,487

520
314
1,457

871
273
1,616

39,835
50,860
60,955

1,934
3,044
4,691

2,269
4,174
4,353

3,048
4,243
5,234

3,150
3,9a
4,356

3,350
4,698
5,098

3,463
4,495
4,476

3,955
4,515
5,128

4,041
4,625
5,125

4,032
4,703
4,674

3,906
4,562
6,005

3,338
4,095
6,171

3,349
3,765
5,444

7,173
6,564
8,206

422
459
507

444
549
432

705
632
882

580
537
770

548
634
564

722
621
663

828
525
740

613
503
612

496
542
592

801
583
787

467
524
912

547
455
745

1,577
1,809
2,311

95
94
170

108
109
165

139
158
150

121
232
170

108
103
189

127
192
217

125
186
231

184
146
166

153
182
208

165
149
237

124
133
240

128
125
168

4,945
5,959
7,985

347
371
539

379
428
505

403
607
540

384
495
495

451
546
661

357
533
680

470
509
668

472
428

370
524
756

395
516
795

454
502
1,005

463
500
700

CHICAGO

1944

1944

DES MOINES

LITTLE ROCK

16




4,568
7,712
6,267,

1

6a

j

Table 74.—Estimated volume of new mortgage loans by all savings and loan associations, by
Federal Home Loan Bank District and type of loan, 1943-1945—Continued
[Thousands of dollars]

Sank D i s t r i c t
and purpose of loan

Annual

January

February

March

April

May

June

July

August

September

October

November

Dececber

S 57,371
70,149
96,974

$ 2,686
3,804
6,213

$ 3,507
5,260
6,211

$ 4,812
5,807
7,645

$ 5,295
5,552
7,165

$ 4,701
6,364
7,682

$ 5,137
6,354
7,386

$ 5,510
6,287
8,315

$ 5,405
6,927
8,523

$ 6,017
6,494
7,948

$ 5,528
6,295
9,898

$ 4,584
5,779
9,925

$ 4,189
5,226
10,063

4,381
2,800
8,255

203
220
426

337
245
289

691
64
354

871
96
364

420
212
635

273
302
859

528
219
767

284
196
949

288
216
702

125
395
1,184

174
457
922

IS'"'
178
804

a , 373
55,182
72,933

1,633
2,930
4,785

2,244
4,028
4,915

3,093
4,673
5,965

3,400
4,570
5,645

3,742
5,014
5,401

3,836
5,052
6,161

4,144
5,553
6,320

4,663
5,140
5,854

4,459
4,837
7,140

3,591
4,403
7,489

3,272
4,014
7,606

5,870
4,799
6,574

461
292
451

475
272
456

586
438
609

516
375
437

548
518
611

573
424
461

611
430
577

415
453
487

513
427
598

451
410
717

346
357
549

375
403
621

1,226
1,206
1,437

89
40
78

77
121
71

81
93
134

115
79
88

102
102
140

133
109
114

95
123
101

131

132
123

118
188
141

129
84
140

97
88
136

5S
56
163

4,521
6,162
7,775

300**
322
473

374
594
480

361
539
583

393
432
631

335
564
644

416
505
551

440
463
709

430
602
636

435
523
653

364
569
717

376
474
82?

237
575
G69

TOPEKA

3,296
4,968 •
5,652

.

PORTLAND

44,624
47,196
64,927

1,892
2,576
3,956

1,947
2,858
4,023

3,479
3,930
4,923

4,455
3,575
5,054

3,719
4,264
5,805

4,ao
4,739
5,583

4,198
4,220
5,178

4,906
4,528
5,485

4,685
4,610
5,403

3,682
4,385
6,622

3,713
3,766
6,329

3,533
3,745
6,566

10,285
5,743
9,332

462
331
226

207
252
364

1,061
629
530

1,506
388
660

724
654
911

627
552
810

951
542
900

1,506
390
960

1,088
524
798

537
697
1,070

849
332
953

767
452
1,150

23,974
30,790
38,920

898
1,541
2,431

1,122
1,917
2,598

1,637
2,570
3,332

1,846
2,422
3,084

2,052
2,701
3,292

2,298
3,381
3,082

2,303
2,578
3,013

2,526
2,866
3,158

2,811
3,182
3,188

2,426
2,743
4,064

2,085
2,486
3,805

1,970
2,403
3,873

6,933
6,085
7,705

328
523
639

389
444
448

456
416
485

873
521
688

686
494
531

1,128
512
689

643
517
668

532
628
704

411
451
550

436
528
732

497
510
809

891
891
1,385

80
33
91

48
37
46

80
58
83

71
60
109

54
87
100

103
68
142

88
107
161

63
112
153

56
98
117

89
59
142

94
101
148

35
71
93

2,541
3,687
7,585

124
148
569

181
208
567

245
257
493

159
184
513

203
328
971

254
226'
860

213
476
436

279
532
510

289
355
750

194
358
614

188
337
6L4

212
273
688

118,973
141,177
194,520

6,062
11,366
10,753

5,890
12,078
11,240

9,086
13,333
15,140

9,490
13,895
13,496

8,933
11,282
13,938

10,566
12,328
17,398

10,077
11,369
17,486

10,977
12,270
18,333

13,029
10,956
14,787

11,931
11,302
20,770

10,565
10,021
20,878

12,367
10,977
20,301

26,472
30,943
56,651

1,432
4,305
829

965
4,617
881

2,534
3,802
2,408

2,231
5,186
3,002

1,498
1,893
3,753

2,331
2,786
6,433

1,653
2,478
6,749

2,176
2,167
6,308

3,748
1,131
4,155

2,164
1,032
7,280

1,543
559
7,184

4,197
987
7,669

72,653
86,985
102,696

3,229
5,812
7,932

3,710
6,084
8,075

4,891
7,456
9,891

5,544
6,962
7,868

5,902
7,377
7,361

6,500
7,381
7,827

6,669
6,852
7,846

7,193
7,947
8,804

7,626
7,582
7,728

7,730
8,195
10,041

7,128
7,464
9,995

6,531
7,873
9,328

11,538
12,873
17,862

784
736
1,028

673
791
1,256

977
1,258
1,502

1,075
997
1,319

943
1,083
1,463

1,004
1,233 •
1,613

963
1,112
1,510

983
1,170
1,724

981
1,207
1,521

1,175
1,121
1,700

961
1,083
1,620

1,019
1,082
1,606

1,211
1,341
1,674

98
73
96

142
58
124

113
84
117

83
108
119

80
107
131

108
123
100

99
153
98

69
180
172

102
113
172

76
143
172

110
106
231

7,099
9,035
15,637

519
440
868

400
528
904

571
733
1,222

557
642
1,138

510
822
1,230

684
804
1,281

526
833
1,399

605
856
1,211

760
841
1,577

857
772
1,907

510
929
1,467

.

.

554
541
762

LOS ANGELES

1945




131
93
142
600
835'
1,333

17

Table 75.—Estimated volume of new mortgage loans made by all insured associations, by
Federal Home Loan Bank District and state, 1943-1945
[Thousands of dollars]

Total

Total

Total

1945

F e d e r a l Heme Loan Bank
D i s t r i c t and S t a t e ;

1944

1943

Construction
1945

Home Purchase

Reconditioning

Refinancing

1945

1944

1944

1945

Other Purposes

1945

1944

1944

1945

1944

$1,448,817

$1,085,322

$835,116

$158,715

$88,234

$1,017,494

$787,158

$148,929

$120,904

$25,744

$19,556

$97,935

$69,470

57,592

43,521

30,794

2,212

3,197

42,129

32,552

7,747

5,505

1,621

1,090

3,883

1,177

18,747
1,010
31,607
2,549
1,980
1,699

14,914
712
23,180
1,524
1,813
1,378

9,930
533
17,706
843
668
1,114

1,121
24
796
171
35
65

1,941
2
1,247

14,139
692
22,716
1,626
1,604
1,302

10,111
588
18,030
1,082
1,569
1,172

2,776
189
4,077
267
337
101

2,460
40
2,483
225
236
61

363
40
1,004
147
4
63

208
34
686
120
1

298
65
3,OL4
338

a

168

104

141,313

100,951

60,855

3,500

2,655

113,055

77,398

18,121

14,927

887

939

5,750

5,032

48,985
92,328

40,396
60,555

26,367
34,488

580
2,920

1,439
1,216

36,850
76,205

27,546
49,852

8,927
9,194

7,720
7,207

281
606

462
477

2,347
3,403

3,229
1,803

110,303

85,337

59,120

4,309

3,094

91,762

68,283

10,430

10,807

1,009

988

2,793

2,165

130
102,438
7,735

112
79,682
5,543

117
55,062
3,9a

3,932
377

2,826
268

120
85,718
5,924

105
64,292
3,886

4
9,477
949

6
9,951
850

6
811
192

1
750
237

2 , 500
293

1,363
302

164,157

113,842

90,800

20,915

6,563

104,620

78,120

18,512

13,193

3,759

2,816

16,351

13,150

7,040
17,541
33,387
27,424
31,659
19,505
10,547
17,054

4,742
11,283
22,201
17,508
26,751
12,647
6,760
11,950

3,355
8,660
14,410
13,893
26,147
9,972
5,356
9,007

617
3,781
7,642
2,648
820
2,200
1,781
1,426

107
142
996
1,831
2,881
261
103
242

4,539
10,179
13,427
19,012
26,557
12,463
6,100
12,343

3,530
7,375
13,369
12,160
18,542
8,908
4,953
9,283

9U
2,295
4,652
3,788
1,601
1,981
1#417
1,837

604
2,868
2,946
2,227
783
1,483
834
1,448

314
38
747
621
205
651
517
666

165
212
475
464
137
558
326
479

629
1,248
6,919
1,355
2,476
2,210
732
782

336
686
4,a5
826
4,408
1,437
544
498

232,607

182,992

153,594

19,989

8,537

170,487

138,980

22,382

20,145

5,837

4,574

13,912

10,756

20,920
198,644
13,043

16,185
157,471
9,336

12,027
134,436
7,131

611
17,608
1,770

236
7,210
1,091

16,817
145,223
8,447

13,099
119,722
6,159

1,885
18,807
1,690

1,618
17,224
1,303

660
4,889
288

430
3,904
190

947
12,117
848

752
9,/,"l"l
593

87,417

64,382

53,882

5,586

4,949

63,242

45,855

10,015

7,997

2,501

1,731

6,073

3,850

55,879
31,538

41,745
22,637

32,639
21,243

2,987
2,599

1,428
3,521

42,661
20,581

32,733
13,122

4,985
5,030

4,061
3,936

2,003
498

1,463
268

3,243
2,830

2,060
1,790

178,747

133,795

90,656

17,095

7,808

133,768

104,368

14,192

12,786

2,572

2,101

11,120

6,732

139,721
39,026

102,500
31,295

70,535
20,121

12,960
4,135

6,537
1,271

103,770
29,998

78,701
25,667

11,480
2,712

10,220
2,566

2,113
459

1,734
367

9,398
1,722

5,308
1,424

83,480

66,476

46,609

5,103

3,084

60,665

49,379

10,623

7,971

2,012

1,100

5,077

4,942

14,541
26,643
38,947
2,435
914

11,568
21,669
30,443
2,012
784

8,734
15,066
21,163
1,228
418

303
2,267
2,154
347
32

304
297
2,426
47
10

12,438
14,566
31,330
1,600
731

9,926
13,137
23,948
1,683
685

1,039
5,601
3,7a
214
28

734
4,008
3,045
142
42

245
1,332
354
65
16

237
484
326
24
29

516
2,877
1,368
209
107

367
3,743
698
116
18

88,281

73,366

59,540

11,034

9,844

59,422

49,637

8,011

6,393

2,081

1,685

7,733

5,807

9,014
24,856
4,637
3,044
46,730

5,899
26,959
3,047
1,938
35,523

4,515
21,824
2,438
1,541
29,222

775
2,410
551
885
6,413

'

121
6,278
138
191
3,116

6,376
16,526
2,665
1,280
32,575

4,344
15,734
2,089
1,208
26,262

749
1,651
949
339
4,323

688
1,336
448
237
3,684

225
479
125
155
1,097

I46
443
114
•
93
889

889
3,790
347
385
2,322

600
3,168
258
209
1,572

72,904

49,672

42,048

7,505

I

2,420

52,591

38,355

5,677

3,851

943

744

6,188

4,302

14,502
21,386
4,043
32,973

8,744
15,606
3,389
21,933

7,610
12,419
2,695
19,324

3,013
1,761
336
2,395

127
1,451
277
565 .

9,243
16,734
3,086
23,478

6,932
12,388
2,617
16,418

859
1,183
2a
3,394

746
620
224
2,261

226
265
32
420

145
169
16
414

1,161
1,393
348
3,286

794
978
255
2,275

53,120

40,748

38,248

7,780

5,412

32,0a

25,734

6,935

5,442

1,162

723

5,202

3,437

4,544
3,069
8,908
6,940
27,761
1,545
353

3,354
2,553
7,169
5,681
20,634
1,257
100 i

2,580
2,077
5,635
5,817
21,031
988
120

817
243
1,152
1,342
4,036
86
104

104
210
785
1,549
2,549
195

2,785
2,194
5,410"
4,197
16,082
1,203
170

2,659
1,842 .
4,748
3,026
12,724
700
35

477
245
1,295
688
4,035
157
38

297
223
1,209
582
2,821
300
10

110
80
179
127
610
49
7

61
72
77
102
384
25
2

355
307
872
586
2,998
50
34

233
206
350
422
2,156
37
33

130,240

108,970

53,687

30,671

93,712

78,497

16,284

11,887

1,360

1,065

13,853

8,120

1,344

2,020
104,970
174
1,806

2,514
50,774
90
309

224
30,185
6

1,072
91,188
397
1,055

693
76,699
228
877

480
15,427
9
368

354
11,190
26
317

101
1,199
3

13
1,021
8
23

' 255 !
13,358
28
212

60
7,796
29
235

D i s t r i c t of C o l u m b i a . . .

Indiana

Idaho

1

178,896
4,422 S
171,946
527
2,001 1

18




126,891
297 i
1,708

7

1

1

20

256

!
|

1

57

194
48
734
97

Table 16.—Nonfarm mortgages of $20,000 or under recorded, by Federal Home Loan Bank
District and state and by type of mortgagee, 1942-1945
[Dollar a m o u n t s are shown in thousands]

Savings and loan a s s o c i a t i o n s
Federal Home Loan Bank
D i s t r i c t and S t a t e

Dollar volume

Percent of total
I9U5

UNITED STATES

Insurance companies

194U

19^3

19^2

I9U5 I9UU

I9U3 19^2

I9U5

I9UU

19^3

Percent of total
1942

$1,563,678

$1.237.303

$1,170,5^6

32.1

29.7

$244,432

$256,173

$279,866

$361,7^3

155,1499

128,467

101,873

118.953

36.1

35-7

33-5

34.8

5.368

5.663

8.524

14,150

19,102
7.763
107,974
4,319
13,088
2.753

16,639
7,061

12,760
5,638
71,014
2,656
8,210
1.595

13.693
7.215
84,117
3.I56
8.337
2.235

19.8
25.4
37.6
25.4

19.6
28.5
45.1
23.2
37-0
23.2

16.5
27.6
43-1
22.2
36.9
22.2

15.1
31.4
45.2
27.6
37-6
29.6

3.583
217
•1,1+75
93

3.530
275
1J48
21

5,048
509
2,582
154
139
92

9.316
1,048
2.966
223
3^5
252

23.4

19-S

19.9

20,3^+3

20.2
19.6

8,260
12,083

26.8

21,924

18.9
27.5
24.1

,

No. 1 — Boston
Connecticut
Maine
Massachusetts
New Hampshire
Bhode I s l a n d
Vermont

1$

Ho. 2 — New York

,

163.332

10,495
2.135
114,724

78,312

86,921

26.1

New J e r s e y

,

49.617
113.715

37.601
77.123

31,601
46,711

38,6o4
48,317

26.7
25.8

155,018

111,7a

New York

I9U5

3J
0.8
0.6
0.5

21,031

21,983

7.770
13.258

8,l4o
12,891

11,220
10.763
26,997

5.*

1,651
17.015
3.258

1,458
17.590
3.158

2,342
15.59J*
3.234

2,178
20,185
4,63*

13.8

4.4
2.7

91,163

85,474

38.4

Delaware
Pennsylvania

, 2,637
1^,309
12,072

2,306
99.409
10,014

2,016
79.975
9.172

2,24i
75.056
8,177

22.0
40.3
27.6

West V i r g i n i a

207.874

173.628

139.266

150.826

6.5

37.5

35-1

35.U

33.510

34,166

47,112

51.849

7.993
35.452
27,496
22,059
52.510
27.975
5.07b29.313

5,503
30.635
18,613
19.605
45,887
24,410
4.477
24,498

3,885
24,629
12.507
13.076
39.985
19.959
4,180
21,045

4,632
24,925

24.6
45.4
20.3
34.7
58.2
UU.l
19.7
36.O

18.0
52.0
18.5
36.6

14.0
^3.9
17.3
29-9
5O.9
U9.2
26.6
30.3

3,020
4,221
7.982
3.123
1.79*
6,923
2,692
3.755

5.97U
3.044
10,208
3.297
1,740

5.760

2l!3
38-3

13.6
49.6
19.2
28.9
53.3
47.5
22.7
29.0

i|444
1.640

6,086
3,244
3.900
2,620
12,611

6,179
6,211
9.886
7.291
•2,994
4,4oq
3,014
11,865

382,124

298.145

242,911

50.1

47.5

22,427

24,284

32.293

42,958

3.3

29,206
261.135
7.804

58.7
61.1
14.2

6O.9
56.9
13-2

54.9
53.8
14.4

50.8

213 ,'460
6.676

227,249
23,824
23,555
196,523
7.171

52.7

35.489
336.03*
10,601

14.6

4,320
10,338
7.769

3.968
12,200
8,116

5.531
19,886
6,876

5,788
28,582
8,588

10 J*

ll6,66l

71.856

69.525

36.7

24.2

25.^8

31.225

29.124

39.5^2

73.979
42,682

30,244

47.623
24,233

44,746
24,779

49.*
25.3

37.7
14.6

9.691
15.757

9,080
22,145

7.625
21,499

14,263
25.279

231,274

177.728

128,626

Illinois

179.636
51.63S

134,161
*3.567

98,006
30,620

85.873
27,938

46.0
39.1

'.Tisconsin

123,710

99.273

76,403

8.035

34.3

33.7

32,44?
47,184
37.396
4,270
2,412

24,347
36.595
33.042
3,356
1.933

19,000
28,627
25,474
2,114
1,188

16,346
23,051
25,583
2,267

44.R
42.*
23.4
4§.5
32.7

43.8
^5.1
23.O
47.1
29.7

113.033

5.453

82,963

77.819

36.4

38.2

37- 3

8,494
23,279
5.381
2,338
68,^41

5,600
31.975
3.728
1,948
55.202

4,825
27,736
2,923

5,09s
26,010
41JQ0

V}.4
46.4
29-9
30.3
33.8

28*. 2
33-5
42.4

No. 3 - - P i t t s b u r g h

No. 4 —

Winston-Salem..,

Alabama
District of Columbia
Florida
Georgia
Maryland
North Carolina
South Carolina
Virginia
,
No. 5 — Cincinnati
Kentucky
Ohio
Tennessee
No. 6 — Indianapolis...
Indiana
Michigan

8.833

34.8

31.6

47.9
19.4

k

5-9

%%
2.0
10.9
10.5
4.5

7.1

13.516

16,052

16,481

23.838

32.8
30.0

9,4o4
4,112

10,850
5,202

10.789
5.692

18,416
5,^22

32.0

27.5

21.454

23.996

23.017

30.575

42.5
44.8
21.2
41.5
24.8

34.2
34.7
20.6
I9.6

H

2,256
U.657
13.957
382
202

2,127
7.^5
13.5,23
687
214

2,509
8,24q
11,504
595
160

3.860
12,819.
12,786
682
428

2.8

30.9

33.957

31.143

30.518

49.923

10.9

28.2
49.3
1Q.1
22.9
26.7

1,^82
4.B6
1,480
5K
26,704'

567

3,182
9.040
3.073
497
34.131

6.4
7.1

51
25.131

2.315
2,829
2,713

0.7
13.2

37.4

10.395

9.716

10,588

13.115

4.2

23.8
42.0
45.4
39.5

1.351
1,659
3.988
3.397

1,^14
1,603
3.703
3,096

347
1.^79
^.758
3,504

1,068
2,176
4J824

1.8
3-0
12.5
4.0

26.9

26.1

6,384

5,116

6,125

10,872

3.2

34.7
37.0
24.1
28.4
25.7
37.5

21.6
24! 7
32.2
24.2
35.9

2,448
1,615
1,38b
22

362
166
2,3*1
1,283
937
27

239
289
3.13?
1.074
1.387

434
663
4.156
1,290
4,278
51

15.6

29.706

31.578

33.883

35.9 1 *!

21.2
15.4
21.6

568
29,001
137

221

266
33.516
101

281
35.579
81

36.5

No. 7 — Chicago

Nos 8 ~

Des Moines

Iowa
Minnesota
Missouri
North Dakota
South Dakota
No. 9 — L i t t l e Rock
Arkansas
Louisiana
V.issiosinpi,
New Mexico
Texas
No. 10 — Topeka

106,948

79.711

66,8«

56,044

43.7

Colorado
Kansas
Nebraska
Oklahoma

17.476
31.875
15.099
42,498

11.370
23,048
13.917
3L376

9.949
19.73*
11,428
25,782

8.376
15.307
11,097
21,264

23.9

No. 11 — P o r t l a n d

62,145

47.254

4 l i458

37.440

30.7

Idaho
Montana
Oregon
Utah
Washington
Wyoming

M-

2,921
2,566

16,987
S726
28,010
2,221

3.793
3.^67
n.733
M67
21.543
1.551

20,331
1,821

VM

1,421
2,293
7.83*
6.503
17.796
1.593

192,089

146,780

115.781

73,449

20.3

*i;$

2,523
112,608
65O

2,870
74,780
799

17.0
20.4
17.1

37.6
33.3

No. 1? — Los A n g e l e s . . .
Arizona
Colifornia
Nevada

4,953
185,929
1.207

40.7

50.1
27.8

fi
2b! 8
28.6
24.6

I8.5

19.4

k

2:81

6.0

3-1

•Les3 than 0 . 5 $ .




19

Table 16.—Nonfarm mortgages of $20,000 or under recorded, by Federal Home Loan Bank
District and state and by type of mortgagee, 1942-1945—Continued
[Dollar a m o u n t s are shown in thousands]
Mutual savings banks

Banks and t r u s t compani 3S

Federal Hone Loan Bank
D i s t r i c t and S t a t e
19*»5

1944

191+3

1942

1945

1944

191+3 1942

1945

1944

19^3

1942

1945

1944

1943

19.4

19.0

19.5

22.4

$216,982

$165,054

$152,054

$165,581

3.9

3.6

3.9

4.2

73.102

82,824

25.6

23.0

24.0

24.2

?§

19.979
5.971
45.851
4.3%
1+.159
2,519

19.0
32.5
27.3
41.6
14.8
39.0

16.0
34.7

Hi
S3

20.5
32.1
24.1
38.5
16.0
38-5

21.8
26.0
24.6
38.0
18.7
33.4

57.556 12.9

12.5

13.2

13.2

6.593 5 . 1 4 . 2
50.S63 16.2 16.2

4.0
18.8

20.7

$1.091.021

$877.762

$752.51+3

$885,803

52.!+05

Ul.589

30.277

35.753

12.2

11.6

10.0

10.5

110,337

19,1401+

12.95!+

22.8
12.3

22.8
10.3

loicwb

7.5

6.3

1.1%
3.387
688

15.011
3.658
11,914
l,25l+
3.056
860

10.7
17.3
9-3

10.1
16.5
10.1

16.7
9.8
6.1
9.6
15.2
9.6

16.3

li'M>

13.8
11.4

18,246
8,662
66,148
7.9p2
5.11+9
4,230

13,648
8,610
46,405
6.U79
3.813
3,806

21.91+2
3,289
18,108
2,04l
6,022
1.003

Maine

1.570
1+.672
926

Percer.t of t o t a l

D o l l a r volune

Percent of t o t a l

D o l l a r volume

1:2
11.0

82J61 •

1942

90,609

59,766

90,262

14.5

12.8

11+.7

20.6

81,049

61,158

40,818
1+9,791

31.U16
31.197

33.O38
26,728

53.277
36.985

22.0
11.3

20.5
9.2

21.3
10.6

27.8
15.0

9.515
7L53 I +

6,367
5!+.791

6.180
47,508

99,994

76.735

72,937

86,961

24.8

23.9

25.3

27.3

6,408

5.5*+9

6,712

9.724

1.6

1.7

2.3

3.1

2,281
79*810
17.903

Delaware

62.613

4,594
3.548
2,761
53.688

1,838
61,206
13,691

1.880
58.786
12,271

2.358
71.827
12,776

19.0
23.0
40.9

18.1
22.3
38.0

16.9
24.1

S3

844
5.561+

4oo
5.1U9

5,962

1,086
8,638

7
1.6

'9

3.9
1.9

6.7
2.4

9.1
3.2

13.2

13.0

12.8

15.U

1.921

1,590

1.317

2,312

0.3

0.4

0.3

0.5

1,921

1.590

1.317

2.312

2.1

2.0

1.8

2.8

•*.k

37.5 37.7

75.571+

60.251+

50,816

65,816

5,221+
8,617
12.155
lU.556
II.05I+
5,1+96
5,371+
13.098

6,356
5,179

.-....,.-.,-,-.

16.1
11.1
9.0
22.9
12.3
8.7
20.9
16.1

20.8
8.8
8.3
22.9
11.4
8.3
21.1
15.6

15.1
10.0
10.5
10.8
6.6
18.2
14.6

15.9
8.2
14.2
20.7
11.7
16.0
22.9
19.5

Florida

20.4

19.8

20.3

21.4

6,617

6.899.

9.073

6,464

1.0

1.2

1.9

1.4

Ohio

19J
20.5
14.0

20.5
20.7
16.8

25.6
21.3
I8.7

6,617

6,899

9.073

6.464

1.2

1*5

2.3

1-7

9.999

4,3i4
U,9gH
6,828
9.911+
8,086
2.751+
3.361
10.575

139.421

M«>»%»

111,826

98.122

5,228
4,690
7.284
10,325
9.798
8.257
4,888
15.3»*
102,596

13.768
111,521+
11+.129

914,098
8,257

8,489
81.869
7.764

11.892
81,480
9,224

22.8
20.3
18.9

8,1+05
12,260
9.305
U.319
4,431

a.9

_
_

-

_

107.192

80,6o4

70.586

95.1+3!+

33.7 29.2 27.7 33-1

364

274

438

356

0.1

0.1

0.2

0.1

Indiana

39.575
67,617

30,21+14
50,360

27,l62
43,424

36.530
58,904

26.4
40.2

25.2
32.3

25.9
29.0

30.8
34.8

364

274

438

356

0.2

G.2

0.4

0.3

78,392

67.5!+0

61,771+

71.026

15.0

15.6

17.5

20.0

300

137

133

227

0.0*

0.0*

0.0*

0.1

Illinois

48,496
29.896

44,444
23,096

1+0.395
21.379

1+7,773
23,253

12.4
22.6

13.9
20.5

15.5
23.2

18.2
25.0

300

137

133

227

0.2

0.1

0.1

0.2

89.390

66,971+

52,424

57.792

24.8

22.8

22.0

23.4

3.061

1.444

1.^97

1,083

0.8

0.5

0.6

0.4

22,59!+
21.U17

12,889

14,299
10,161
31.144
726
1.462

30.9
19.2
25.8
18.7

28.8
1S.2
24.6
15.7
33.2

28.8
11.5
24.6
15.8

3,061

1,444

1.1+97

1,083

2.8

1.8

2.3

1.6

29'.624
805
1.723

30.0
15.3

1,608
2,1438

16.016
12.373
35.302
1,122
2,l6l

29,928

20,965

18,406

22,660

8.4

9.0

-

-

-

5.013
2,202
3«1+37
1.589
17,687

2,960
2,005
2.579
I.6U3
11.778

2,274
1,503
2,a3
1,615
10,801

3.260
1,538
2,786
3.1+05
11,671

9.6
23.2
3.6
19.1
20.6
3.7

8.1
20.5

15.1+
3.2
15.2
27.2

1

]

1

7.9

18.0
2.9
16.6
43.2
7.5

32.595

26.3I4I4

26,233

23,428

13.3

14.0

15.9

15.6

-

7,445
9,891
4,4a
10,838

U,6ll
6.075
4,408
11,250

10.2
18.0
13.9
12.8

9.2
15.6
15.1
16.2

8.7
16.2
20.9
18.2

7.8
23.3
12.6
17.0

1

10,638

8,4-69
3.077
9.11+5

52,939

39,316

32,277

31,106

26.1

23.2

21.0

21.7

6.925

2.325
2.333

1,188
1,015
3.I+27
6.319
19,288
1,040

963
1.227
3.271
8.771
16,052
822

16.5
19.9
11.5
39.6
32.0
32.5

14.4
18.1

14.1

14.6

31,325
2,9110

1,55!+
1.567
3.670
7.238
23,388
1,899

242,582

223,002

178,925

202,969

6,550
234,470
l,5o2

2,792
219,527

2,836
175.327
762

1+.771
196,938
1,260

No. 8 — Des Moines
Iowa

*+l.333

Bo. 9 — L i t t l e Rock
irk^m*
Mississippi

Ho. 1 1 — Portland

Utah

•Less than 0.5$.

20




33.0

m
5,956

'

3.5

18.5
23.8
7.1

-

35.9 36.3

H+.7 17.7

~

-

"

'5.242

6,094

\

I

-

- ~ 1

~

-

5.035

3.4

3.1

4.0

3.5

10.3
43.4
21.8
I8.5

821

565

»+7l

^33

1.7

1.4

1.2

1.4

28.2
32.5

9.0
38.8
24.4
21.4

6,io4

U.677

5.623

4,602

6~2

5-7

7.1

6-3

25.6

28.2

29.9

40.2

-

-

'-

22.4
25.7
22.1

17.1+
28.4
15.7

20.6
30.2
21.7

3U.1

:

1

1

:

1

1

:

Table 16.—Nonfarm mortagcs of $20,000 or under recorded, by Federal Home Loan Bank
District and state and by type of mortgagee, 1942-1945—Continued
[Dollar a m o u n t s are shown in thousands]
IndividualB

Dollar volume
I9U5

1944

19H3

$1,1*02,103' $1,134,054 $857,681
7U.I16

67,640

22,951

All lenders

Other mortgagees

P e r c e n t of t o t a l

Dollar volume

D o l l a r volume

P e r c e n t of t o t a l

1942

1945

1944

1943

1942

1945

1944

1943

1942

1945

1944

1943

1942

1945

1944

1943

1942

$732,697

24.9

24.6

22.2

18.6

$658,945

$613,908

$581,752

$626,243

U.7

13.3

15.1

15.9

$5,623,190

$4,610,629

$3,861,401

$3.9^2,613

56.561

63.374

17.2

18.8

18.6

18.5

32.523

33.268

33.637

27.151

7.6

9.3

11.1

7.9

430,248

359.388

303.974

342,205

17.769
4,036
34.260
2,123
3.804
1.382

23.8
22.4
13.5
19.5
17.&
24.1

24.4
22.7
l4.q
22.4
22.6
23.0

21.8
23.7
15.6
23.7
21.4
23.7

19.4
17.6
18.4
18.6
17.1
18.3

10,515
, 757
16,090
431
4,490
240

11,083
676
18,019
402
2,876
212

13.9^3
885
15.712
568
2,188
341

15,887
1,038
7.109
328
2,%2
297

10.9
2.9
6.6
2.3
12.9
2.2

13.0
2.7
9.2
2.6
10.1
2.3

18.0

17.3
4.5
3-8
2.9
11.2

H:S

85,108
24,816
196.336
15.S82
28,350
9.196

77,437
20,447
164,74g
11.9^5
22,223
7.174

91.855
22,9b6
186,217
11.429
22,193
7.545

20,804

5,973

5.643

32,818
3,705
6,063
2,606

1:42
6,409
2,113

25.609
2,828
^.751
1,697

3.9

242,613
18,991
34,812
10,832

200,273

156,028

113.171

107,874

31.9

31.8

27.8

24.7

71.476

74,840

81,189

72,803

11.4

15.2

19.9

16.6

627,082

490,391

407,157

437.399

52.079
148,194

43.393
112,635

41,403
71.768

43.981
63.893

28.1

26.8
28.4

23.O
26.0

25.383
46.093

26,271
48,569

34.316
46,873

37.709
35.094

13.7
10>

17.2
14.4

22.2
18.6

19.7
14.3

185.672
441,410

152,818

33-6

28.4
^3.4

337.573

154,678
252.479

191,384
246,015

83,393

64,185

55.331

55.700

20.7

20.0

19.2

17.5

36.913

40,880'

40,926

53.559

9.1

12.7

14.2

16.8

403,650

321,284

238,239

318.415

3.490
71.341
8,562

2.879
54.317
6,989

, 2 ' 97 °
46,172

2,820

29.1
20.5
19.5

28.3
19.7
19.4

26.7
I8.9
18.9

23.8
17.1
18.1

I.O87
33.816
2,010

1,281
37.401
2,198

1.175
37.932
1,819

1.169
50.218
2,172

9.1

12.6

u Hi

10.6

9-9
18.4
6.4

11,990
3^7,855
43,805

10,162
275.O72
36,050

11.133
244,421
32,685

11,852
272,656
33.907

196,448

26.9

21.7

5^.695

42,989

51.355

63.035

9.6

9.3

13.O

14.8

570,022

462,753

396.712

426,153

4,665

3.205

6,892
14,358
6.915
2,918
6.958
3.720
8,269

IM

5.807
4.764
5.988
6,149
9.365
5,482
3,060
10,740

6,806
8,867
7,520
7.571
12.769
4.791
3,334
11,377

14.4
8.8
10.6
10.9
3.2
11.0
14.5
10.1

10.5

53.7
24. p
22.1
23.1
31.9
32.7

30.9 30.6
22.7 21.4
47.5 3 ^ 5
22.2 19.6
17.3 15.8
23.6 I 6 . 9
28.3 20.8
2 4 . ? 20.6

20.3
9-6
9.2
13.6
12.5
13.0
16.6
14.8

20.7
15.6
14.7
15.2
15.2

32.464
78,040
135.216
63.514
90,203
63,431

15.6
14.5

a ! 464

30.565
58.866
IOO.769
53.488
81.736
52.361
21.038
63.930

28,619
49,669
65.183
45.298
74,985
42.016
18,436
72.506

32.923
56.339
51,216
49,904
33,819
51,480
21.378
78.594

55.752

52.857

45,174

50,961

8.1

9-3

9.3

10.6

684.665

565.909

454,302

478,702

2,277
28,489
20,195
52,224

3-3

3.6
4^9

40.9

60,495
549.^62
74,608

47.965
45,9,016
58,928

41,479

u2:i

4.5
5.8
43.8

7.1

13.6

20.5

18.1

317.894

276,042

254,721

288,051

8.5

11.1

10.6

149.577
168,317

120,230
155,812

104,762
149,959

118,629
169,422

1:&

150,126

106,846

92.315

3^.5 32.4

8,853
11.277
30,984
10,073
12,988
9.921
5.215
17.535

10,078
12,146
17.693
9,808
13,240
8,720
4.448
16,182

35.6

m
11.4

12.7

11.7

10.1

9.527
15,709
54.127
12,944
18,080
12,120
6,718
20,901

78,324

71,898

56.729

48.474

4,897
65.833
7.594

3.575

61,205
7,118

2.834
49,194
4.701

2.852
41.461
4,l6l

8.1
12.0
10.2

7*5
13.3
12.1

6.8
12.4
10.1

6.2
10.8
8.4

2,021
19.216
34.515

1.745
23.^79
27.633

1,850
23,075
20,249

45,646

38,669

30,448

30.970

14.4

14.0

12.0

10.8

22,523

37.484

52,269

16.399
29,247

12,876
25.793

10,3p5
20,143

10,207
20,763

11.0
17-4

10.7
16.6

9.8
13.4

8.6
12-3

9.569
13,014

10,214
27.270

12,527
39.697

6.4

4o,66o

92,807

76.532

59.626

56,404

17.8

17.7

16.9

15.9

106,572

94,854

85,926

89.952

20.4

21.9

24.4

25.3

522.861

432,843

352,566

355.258

54,718
38,089

43,590
32,942

33.797
25,829

31,686
24,718

14.0
28.8

13.6
29.3

13.0
28.1

12.1
26.6

98.390
8,182

87.336
7.518

77.591
8.335

78,448
11,504

25.2
6.2

T.?

29.8
9.1

29.9
12.4

390,644
132,217

320,381
112,462

260,57?
91,988

262,196
93.062

66,963

60.633

49,969

43.883

18.6

20.6

2O.9

17.8

55.783

42,014

35,419

45,834

15.5

14.3

14.8

18.5

360,361

294,334

238,729

247,202

11,225
18,1*91
33.235
1.877
2.135

9.711
16,524
30.835
1,614
1,949

7.461

7.158
13.373
21,206

17.4
20.3
21.4
22.7
29.9

l b .7
21.2
21.8
26.1
31.0

15.0
20.1
17.1
19-7
29.O

4,444
16.479
34,184
482
194

3.431
6.853
31.125

2,848
4.660
27.419
253
239

6.063
5.936
33.3%

6.1
14.8
21.3

180

I:!

6.2
8.4
21.6
4.9
3.9

6.4
7-3
22.8
4.9
5-0

12.7

1,169

15.4
16.6
20.8
21.8
28.9

^.5

72.967
111,289
160,105
8,619
7.381

55.632
81,234
143.827
7.128
6.513

44,707
63.944
120,183
5,096
4,799

47.726
66,423
124,068
4,958
4,027

97.019

76,127

58,226

47,714

31.2

29.6

26.6

19.0

36,993

30,953

28,707

53.560

11.9

12.0

13.1

21.3

310,930

257.641

218,820

251,676

6,006
19.S32
5.898
3.572
61,711

4,854
14,125
4.796
2,qo4
49,448

3.909
10.073
4,284

3.267
9,118
4,420
1,848
29.061

27.9
32.6

26.4
21.7
29.4
39.3
27.4

18.0

1,445
4,271
2,435
179
20,377

3.297
7.088
3.283
320
39.572

3-1
10.3
10.0
2.2
13.9

9-8
9.2
16.7
3.0
14.9

18.2
13.4

23.5
18.6

6.266
1.791
170
28,093

459
5.7.34
1.229
362
23.169

3-2
10.0
8.8

30.4

33.6
24.5
34.3
42.0
30.0

14,440
57.591
13.974
6,908
164,728

14,768
46,412
14,5685,944
137.123

18,104
52.794
la,767
7,876
156,135

71,004

52,824

39.615

27.777

29.0

28.1

24.1

18.6

23.937

19.322

21,142

29,402

9.8

36.716
8,024
6,4gg
19,776

25,624
5.689
5.268
lb,243

19,406
4,518
4.617
11,074

3.252
7.408

50.2
14.6
20.3
23.3

51.2
14.6
18.0
23.3

50.0
11.7
16.2
18.9

33.5
9.8
13.3
13.8

10,180
3.578
1,868
8.311

7,160
2,588
1.916
7,658

5.215
6,702
1,691
7.534

1.972
11,123

9.8

49,506

37.190

29,888

21,786

24.5

21.9

19.4

15.2

24,595

35.742

37.957

37.150

5.240
H.431
19.134
3.W7
13.250
3,604

3.^1
3,181
15.974
2.957
9.392
2.225

1:58

2,111
2,229
7.887
2,127
6.097
1.335

37.2
37-8

32.5
39.6
33.3
13.9
9.5
37.8

32.1
32.2
24.8
10.5
8.3
30.1

1,011
353
3.507
1.700
17.771
253

1,608
278
6.994
3.788

13.6
39.9

32.1
36.7
38-7
1^.5
11.3
38.0

1S

1.332
314
9,227
1.995
24,928
161

1.647
512
8,173
1.516
24,670
632

68,051

50,612

*.5

584
67.310
157

578
49,851
183

3.5

->J OQ (TiO CTV^J TO

t-1

o o a O Q CRW en VJI
ro ru—iQO^rOOi cS
vCcS'snCTst-'vjioarj

6,189

2:?
2:?

1.329
1,489

37.624

26^6
22.2

33.2

39-5

h'2
26.7

5.382
5.134
5.693
2,968
6,892

u

346,604

282,202

12,744
2,269
7.557
1.R35
201,271

136,426

36.5

35.6

33.6

27.1

137.123

108,705

16,091
326,584
3,929

10,760
7.561
268,830 . 191,864
1,846
2,612

5.024
130,034
1,368

55.2
35.8
55.5

67.1
34.8
60.2

^4.9
33.0
52.5

37.1
26.7
37.1

1,010
135.86?

718
107,812
175




18.0

22

11,609

li
10.1

6.3
10.Q
14.1
10.8

7.7 17.5 2 7 . 1 23.4

26.Q
6.2

46,^64
%Z2,QQ9

49,339

25.3

21,568
60,915
17.987
7.724
202,736

12.9

19.6

244,879

187.917

164,471

149J66

14.3
6.5
6.6
ll.O

13.4
17.3
6.0
12.9

26.8
18.9
8.1
20.7

73.168
55.027
31,864
84.820

50.079
39,003
29,212
69.623

38,800
38.689
28,450
58.532

35.168
36,389
24,445
53.764

12.1

21.0

24.7

25-9

202,494

169,860

153.799

143,389

7.2
3.0
7.2
8.0
18.2
2.8

14.9

25.1
7.4
25.7

14,077
11,730
48,447

8,4i7
6.930
y., 204
16,271
79,114
4,863

6,576
6.924
31.754
20,207
73.495
4.433

i:$ "fc?
5.9

1:2

?•*
14.1
10.3

ii

97!846
9,040

10.778
8,659
41,277
20.43J
82,867
5,846

11.4

10.0

948,104

792,267

597.911

504,397

4.3
11.6
4.4

«*.3

29,172
911.853
7.079

16,024
771.901
4,342

13.770
580,625
3,516

13.524
487,132
3.691 ,

2

>

I6.9
18.5
27.7
2.5
13.7
4.5
14.0
4.0

24.2
12.3
31.5
3-3

10.2
5.0

21

Table 17.—Nonfarm mortgages of $20,000 and under recorded, by type of mortgagee,
1939-1945
[Dollar a m o u n t s are shown in thousands]
Savings and loan
associations

Insurance
companies

Total
•NUMBER:

1,288,032
1,U55,865
1,628,1*07
1.35L290
1.273.9?3
1,446,548
1,634,865

100.0
100.0
100.0
100.0
100.0
100.0
100.0

428,'
502,'

$3,506,563
$4,031,368
$4,731,960

100.0
100.0
100.0

$1,053,206
$1,283,628
$1,489,909

30.2
31.8
31.5

$287,204
$403|6S4

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

$90,572
86,752
100.296
108,582
107,9^7
105,278
104,712
102,628
104,155
103,170
80,970
75.494

28.2
29.3
29.9
30.2
30.8
30.8
29.6
30.5
30.1
28.9
29.1
28.4

$31,062
28,546

100.0

1,170,546

29.7

361.743

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

64.935
66,938
85,642
101,135
107,221
113,431
116,4o6
H9.385
126,586
122,832
111,818
101,176

28.4
30.4
31.8
32.7
32.8
32.5

19,900
18,064
22,198

33"6
33-2
31.8
31.6
30.6

2M35
26,613
25.586
24,072
23,996
25.141
23.H5
22,188

3,861,401

100.0

1,237,505

32.1

279,866

8$

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.c
100.0
100.0
100.0
100.0

89,887
101,705
121,210
127.429
139.748
145.893
138,762
143,835
146,151
148,131
134.359
120,568

29.8
32.8

20,585

33.7
34.8
35.1
35.0
34.1
33.5

f2;$

100.0

1,563,678

33.9

256,173

111,480
111,176
151,361
157,131
172,421
176,051
169,784
181,156
172.551
207,006
205,100
194,1440

31.4
32.8
34.9
3 u -5
35.4
36.1
36.2
37-0
37.2

555,893
*£o,180
527.424

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

17,882
16,034
20,669
19,718
21,459
21,801
20,173
20,359
18,935
22,229
23,061
22,112

5,623,190

100.0

2,009,707

35.7

Total

Percent

Other
mortgagees

Itatual
savings banks
Total

Percent

Total

Percent

(Annual T o t a l s )
1939
1940
194l
1§U2

Iffi.'.'.'.'.'.'.'.'.'.V.
19^5
AMOUNT:

Percent

Banks and
t r u s t companies

573.977

56.582
67.929
81,801

in

50,900

35.1

u.u

278,200
316,33^
352.U07
268,158
220,121
2 % , 026
297.880

21.6
21.7
21.7
19.9
17.3
17.2
18.2

39,442
45,077
55.737
43.734
38.554
42,028
51,647

3-1

8.2
8.3
8.5

$ 890,590
$1,005,893
$1,165,501

25.4
25.0
24.6

$142,849
$169,907
$218,428

9.7
9.7

$77,634
70,224
78,088
82,087
80J40
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

885,803

22.4

165,581

48,676
44,286
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
18.8
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
15,029
15,30b
14.978
15.117
12,206

752.543

19.5

152,054

5.2
5.3

62,180
60,346
70.570
72,438
79.083
79.453
80.8S8
83.094
77.000
76,181
71.752
64,807

20.6
19.5
19.c
19.6
19.5
18.8
19.7
19.3
18.5
18.0
18.2
18.0

9.731
9,294
11,255
12,338
14,882
15.536
15.261
I5.92O
15,447
16,552
15.176
13.662

5.6

877,762

19.0

165,054

65,109
63.933
80,000
88,74a
91,023
91.336
90.199
93,358
91,661
110,429
114,636
110,588

12.4
18.9
18.5
19.5
18.7
13.8
19.2
19.1
19.7
19.9
20.5

12,500
10.343
13.599
15,680
18,981
18,572
18,062
18,488
13,472
23.711
23,310
25,264

1,091,021

19.4

4-7
5-0

li
3-5

317.961
339.543
395.556
356.511
376,049
447,021
499,325

24.7
23.3
24.3
26.4
29.5
30.9
30.5

4.0
4.2
4.6

$588,430
$640,350
$783,177

16.8

4.2

$59,033
53.383
60,322
62,707
63,807
62.730
64,808
62,824
65.423
67,623
55.830
5S.207

18.4
18.0
18.0
17.4
18.2
18.3

732.697

18.6

65,807
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

li
3.2
3-0
2.9
3-2

(Monthly and Annual T o t a l s )
1939
19%
19U1
19U2

January
February
March
April
May
June
July
August...
September
October
November
December
TOTAL

3,942,613
19^3

January
February
March
April
May
June
July
August
September
October
November
December

219,
269,
308,
327,
349,
351,
355,
380,
386
353,
330,

TOTAL

1:1
3L898
3l|44g
32,577
25,950
23.303

J*?

58

9.1
8.7
9.0
8.4
9.1
9-1
9-3
8.8
9.2
8.7
8.2
8.2
8.0

]:l

U

6.3
6.5
6.5
6.7

li
4.5
4.7
4.4
4.4
4.3
4.2
4.2
4.0

li
li
3.6

4.0

J:?
3.7

IS.T

18.5
18.9
18.9
20.1
20.4

357.681

1944
January
February
March
April
May
June.
July
August
September
October
November
December

368,240
369,268
405.095
421,631
411,136
430,776
416,185
422,839
393.639
360,227
4,610,629

K

TOTAL

n

22!bb0
19.671
21,794
22,215

22,432
20,985
20,5113
19,182

6.8
6.1
6.1
5-3.

IS
5.0

72,600
72,246
89.136
•89.466
95.730
99.140
P8.194
104,215
104,479
109,767
103.513
95.568

24.0

1.134,054

24.6
2S.0

4.8

99,200
93.248
114.971
118/713
125,849
121,300
116,964
120,015
111,384
131,590
130,qs6
117,383

3-9

1,402,103

24.9

3.2
3.0

li
3.7
3.7
3.7
3.7
3-7
3-9
3.9
3.8
3.6

24\ 2
24.2
23.6
23.5
23.9
24.2
26!o
26.3
26.5

I9U5
January
February
March
April
May
June
July
August
September
October
November
December

,.

&:$

TOTAL
1946
January
February
March
April
May
June
July
August
September
October.
November
December
TOTAL

22




354,578
338.697
433.337
455.79O
437.435
487,041
469,269

5:1
36.9

244,432

1:1
4.2
4.1
4.0
4.1
4.2

a.o

216,982

3-5
3-1

li
3-9
3-8
3-9

li

2b!5
26.1
25.8
25.0
24.9
24.5
24.0
23.7
23.4
22.2

Table 78.—Federal Home Loan Bank advances for the United States, by months, 1937-1945
[Thousands of dollars]
February

Type of operation

April

May

July

August

September

ADVANCES
1937
1938
1939
1940

19a
1942
1943
1944
1945

•

,323,251
81,958
94,781
134,212
157,600
99,462
156,925
239,254
277,748

$ 6,570
3,723
2,923
4,386
6,143
9,017
11,808
28,949
10,946

$ 4,260
4,071
2,334
2,011
3,182
4,857
1,240
13,280
1,534

68,557
83,231
112,310
114,033
139,645
189,695
176,070
218,759
213,439

8,225
13,279
22,913
28,911
36,786
22,395
27,621
24,452
35,783

6,800
7,091
10,571
14,284
17,132
13,492
19,015
13,690
28,090

143,745
190,538
178,852
156,788
170,849
206,068
113,399
114,564
105,726

141,205
187,518
170,614
144,515
156,899
197,432
95,624
1:4,154
^9,170

$ 8,591 i 9,6a
4,901
6,089
3,898
3,581
4,375
4,973
4,201
5,799
7,887
5,411
1,532
16,728
3,190
3,468
2,770
3,061

£12,170
7,551
6,307
9,884
9,133
6,884
2,710
3,939
6,307

$17,769
14,846
16,839
23,481
29,317
21,144
18,066
64,833
86,734

$10,221
4,944
6,823
15,543
12,867
7,931
18,650
28,481
7,444

6,214
5,465
8,018
8,805
9,929
11,618
7,965
20,201
12,079

4,825
4,791
5,572
6,106
5,688
11,017
10,858
14,978
7,423

4,203
5,131
5,789
3,593
4,692
9,664
7,096
8,162
5,992

7,707
9,277
14,198
10,718
14,619
26,983
17,301
20,6a
17,501

142,720 146,146 153,491
183,125 183,750 186,510
161,614 157,176 157,911
137,642 133,811 137,509
145,959 i a , 8 2 8 145,273
191,505 185,298 181,165
78,607
87,369
79,221
99,378
82,645
71,606
61,059
52,040
50,924

167,057
196,225
168,962
157,397
169,897
192,645
90,192
128,278
131,666

169,571
191,892
161,587
162,222
168,145
173,593
91,5a
136,118
121,608

$11,116 $ 9,330
4,294
6,561
7,768
10,152
12,209
12,897
12,850
10,872
4,157
4,264
56,501
3,672
6,993
4,072
4,519
9,794

& 8,991
4,736
9,605
12,067
13,139
5,690
8,299
4,181
6,577

$ 7,001
5,247
5,827
8,953
9,930
4,011
5,093
30,737
21,213

$17,591
14,995
18,724
23,433
40,167
18,209
12,626
47,132
116,849

5,080
6,768
9,885
6,029
6,390
17,656
13,847
26,516
18,952

5,426
6,429
5,935
5,251
7,287
19,606
7,502
25,466
17,200

4,461
5,066
4,638
6,588
7,019
19,065
11,981
18,869
19,749

3,707
4,780
5,659
4,932
7,157
13,503
15,421
10,872
10,880

4,832
5,8a
6,233
7,488
7,805
10,882
18,914
16,947
18,908

175,607
U39,aS
'159,470
168,402
172,628
160,201
81,366
113,674
112,451

179,511
189,550
163,687
176,047
178,191
144,752
130,365
95,201
99,769

184, o a
189,220
168,654
181,526
184,311
131,377
126,683
80,513
86,598

187,336
189,687
168,822
185,547
187,084
121,886
116,356
100,378
96,931

200,095
198,842
181,313
201,492
219,446
129,213
110,068
130,563
194,872

1946
REPAYMENTS
1937
1938
1939
1940

19a
1942
1943
1944
1945
1946
BALANCE OUTSTANDING AT
END OF MONTH
1937
1938
1939
1940o

,

19a
1942
1943
1944
1945
1946

7,077
9,293
12,899
11,248
15, i a
13,814
18,549
17,965
20,882

Table 79.—Principal assets and liabilities of all Federal Home Loan Banks, 1941-1945
[Thousands of dollars]
Principal a s s e t s
Federal Home
Loan Bank
District
Total
assets

Advances
outstanding

1944.

$319,300
287,510
294,476
306,013

$219,446
129,213
110,068
130,563

1945

342,710
24,600

Investments
Goveranent
securities

Principal l i a b i l i t i e s and c a p i t a l
Fully paid-in c a p i t a l stock
tf. 3 .
Goveranent
11 embers

Surplus
reserves
St undivided
profits

Cash

Deposits

Debentures

$ 63,751
122,144
151,843
144,046

$35,336
35,504
31,785
30,323

$40,960
25,520
30,064
31,773

$90,500
69,500
64,300
66,500

$48,789
51,626
57,577
63,799

$i24,7a
124,7a
124,7a
124,7a

$12,976
14,811
16,664
17,921

194,873

118,392

28,572

53,525

68,500

73,651

124,510

21,049

12,812

10,526

1,187

2,150

2,000

6,506

12,468

1,377

42,406

Tear-end

15,513

21,824

4,932

10,843

3,000

7,212

18,963

2,378

1,692

6,000

4,403

11,146.

1,828
2,316

A l l Banks:

25,312

16,912

6,861

1,475

22,328

16,950

4,024

1,299

698

2,500

7,428

9,208

45,833

16,464

25,697

3,531

11,828

5,000

13,434

12,776

2,571

29,356

Winston-Salem.•••

12,167

13,374

3,730

9,467

4,000

. 8,096

6,346

1,325

42,376

34,433

4,295

3,518

5,173

12,500

7,993

14*174

2,345

25,467

16,989

8,063

370

2,351

8,500

5,544

7,395

1,566

16,132

7,272

7,526

1,285

2,250

1,000

2,742

8,772

1,308
1,234

12,343

4,755

6,462

1,097

257

1,000

2,472

7,334

12,919

5,863

5,889

1,137

853

3,000

2,166

5,960

893

43,633

34,743

3,851

5,011

5,963

20,000

5,655

9,968

1,908

llncludes interbank deposits




23

Table 20.—Membership in the Federal Home Loan Bank System, by states, December 3 1 , 1 9 4 5
[Dollar a m o u n t s are sliown in thousands]

F e d e r a l Home Loan Bank
D i s t r i c t and S t a t e

A l l members

S a v i n g s and l o a n a s s o c i a t i o n s
All

Federal
Assets
No.

Insured s t a t e
Assets
No.

Uninsured s t a t e
Assets
No.

Mutual
savings
banks
No. A s s e t s

Insurance
companies

No.

Assets

No.

Assets

3,697

$8,641,304

3,658

$7,663,944

1,467

$3,923,501

1,004

$2,217,853

1,187

$1,522,590

25

$591,546

238

1,250,703

218

749,281

52

291,923

13

23,076

153

434,282

20

501,422

52
22
133
21
5
5

259,519
29,565
785,206
100,549
67,077
8,787

46
21
128
13
5
5

106,309
23,270
519,414
24,424
67,077
8,787

17
5
25
2
1
2

69,155
3,290
192,126
14,974
4,764
7,614

11

22,039

2

1,037

18
16
103
9
4
3

15,115
19,980
327,288
8,413
62,313
1,173

6
1
5
8

153,210
6,295
265,792
76,125

_

364

931,942

359

841,818

81

369,931

157

384,945

121

86,962

5

90,124

_

222
142

359,281
572,661

217
14?

269,157
572,661

16
65

25,163
344,748

107
50

210,159
174,786

94
27

33,835
53,127

5

90,124

-

438

487,025

437

472,220

134

268,720

107

129,211

196

74,289

1

14,805

7
404
27

4,734
452,064
30,227

7
403
27

4,734
437,259
30,227

1
111
22

575
242,184
25,961

103
4

125,574
3,637

6
189
1

4,159
69,501
629

1

14,805

410

1,096,642

405

902,755

219

522,831

69

124,961

117

254,963

5

193,887

27
23
51
55
61
109
45
39

34,817
237,268
177,074
93,263
144,473
264,017
66,755
78,975

25
23
50
55
61
108
44
39

26,369
237,268
155,274
93,263
144,473
121,077
46,056
78,975

17
3
47
45
32
25
30
20

22,271
46,083
151,099
77,970
89,547
51,505
35,425
48,931

8
6
1
4
10
23
10
7

4,098
22,420
1,996
12,698
23,286
31,037
9,965
19,461

14
2
6
19
60
4
12

168,765
2,179
2,595
31,640
38,535
666
10,583

559

1,414,811

558

1,410,535

214

612,842

123

501,454

221

74
450
35

121,039
1,229,969
63,803

73
450
35

116,763
1,229,969
63,803

53
126
35

101,963
447,076
63,803

2
121

2,793
498,661

18
203

No.

Assets

M

$385,3U

2

8,448

1

21,800

1
1

142,940
20,699

296,239

1

4,276

12,007
284,232

1

4,276

1

2,953

1

2,953

221

220

497,773

101

286,093

79

124,757

40

86,923

296,742
203,984

<L62
58

296,742
201,031

69
32

177,810
108,283

66
13

74,637
50,120

27
13

44,295
42,628

458

771,547

458

771,547

139

367,442

166

303,993

153

100,112

343
115

604,785
166,762

343
115

604,785
166,762

99
40

317,019
50,423

116
50

214,088
89,905

128
25

73,678
26,434

235

417,752

235

417,752

108

270,948

47

78,210

80

68,594

71
42
99
13
10

87,933
149,611
151,723
22,168
6,317

71
42
99
13
10

87,933
149,611
151,723
22,168
6,317

32
30
36
6
4

44,157
141,118
76,361
6,634
2,678

10
4
29
2
2

9,954
1,527
57,747
7,303
1,679

29
8
34

5
4

33,822
6,966
17,615
8,231
1,960

270

486,272

266

327,888

161

138,789

95

182,791

10

6,308

4

158,384

40
66
25

27,186
119,047
14,056
10,108
315,875

39
66
25
14
122

24,042
119,047
14,056
10,108
160,635

33
13
21
7
87

19,993
16,461
11,928
5,099
85,308

4
52
3
6
30

3,623
101,708
1,407
4,222
71,831

2
1
1
1
5

426
878
721
787
3,496

1

3,144

125

3

155,240

207

Iowa

500,726

162
59

278,331

206

269,126

97

178,651

54

56,454

55

34,021

1

9,205

39
86
28
53

54,380
83,519
27,774
103,453

23
28
15
31

40,620
.44,752
13,826
79,453

9
31
4
10

11,512
26,378
3,042
15,522

7
27
9
12

2,248
12,389
10,906
8,478

1

9,205

127

344,369

84

221,623

28

84,225

15

38,521

1

2,304

14
26
10
58
10
1

19,055
16,429
68,577
41,674
187,676
9,917
1,041

8
3
22
6
35
9
1

19,055
1,723
39,909
19,404
132,018
8,473
1,041

7

14,068

3
18

22,063
48,094

4
4
1
5
1

638
28,668
207
7,564
1,444

1

_
_
_
2,304

H

39
86
29
53

54,380
83,519
36,979
103,453 1

_
:
_

-

128




19,055
16,429
68,577
41,674
189,980
9,917
l,oa
658,880

169

658,880

77

393,728

66

223,776

26

a , 376

19,767
626,988
1,438
10,687

3
160
1
5

19,767
626,988
1,438
10,687

2
73
1
1

16,542
372,585
1,438
3,163

1
62

3,225
217,379

25

37,024

:

3

3,172

1

4,352

_

-

3
160
1
5

24

346,673

8
14
26
10
59
10
1
169

Idah

_

1

8

_
..
_
«.

Table 21.—Progress of membership in the Federal Home Loan Bank System, 1935-1945
[Dollar a m o u n t s are shown in thousands]

All
No.

Assets

Assets

No.

Uninsured State
Assets
r;o.

9
8
9
9
10
11
15

$152,395
157,843
201,819
201,742
204,556
214,425
266,684

3
3
23
39
40
29
26

$ 16,287
16,691
367,465
446,966
500,396
405,944
379,260

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

263,824
340,838
369,146
398,810

26
26
23
23

399,294
418,083
324,299
326,246

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

23
23
22
21

349,391
367,036
365,281
363,015

1,466
1,465
1,464
1,464

2,709,C97
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

451,429
463,580
473,198
480,221

21
21
18
IS

339,379
414,342
370,158
370,423

1,465
1,465
1,467
1,467

3,237,942
3,528,027
3,632,197
3,923,501

996
1,002
1,005
1,004

1,892,876
2,015,142
2,086,970
2,217,853

1,196
1,189
1,186
1,187

1,410,220
1,470,737
1,473,115
1,522,590

24
25
25
25

510,230
566,553
566,553
591,546

15
15
14
14

341,286
389,519
385,316
385,814

82,890,670
3,187,468
3,547,627
3,753,112
4,049,327
4,417,027
4,P24,621

987
1,200
1,318
1,357
1,398
1,437
1,460

ft 495,307
782,948
1,098,968
1,311,006
1,576,060
1,871,379
2,173,326

125
365
562
738
797
836
879

5,435,117
5,643,970
5,617,500
5,765,577

3,778
3,772
3,765
3,744

4,771,399
4,885,049
4,924,055
5,040,521

1,461
1,464
1,466
1,467

2,137,579
2,205,921
2,214,101
2,299,895

3,781
3,774
3,764
3,748

5,820,090
6,045,016
6,199,087
6,345,449

3,736
3,729
3,720
3,705

5,055,500
5,249,414
5,399,517
5,540,817

1,467
1,468
1,471
1,466

3,731
3,714
3,706
3,699

6,531,180
6,840,241
6,945,108
7,265,763

3,688
3,671
3,666
3,659

5,690,372
5,962,319
6,101,752
6,415,119

7,392,554
7,969,978
8,144,151
8,641,304

3,657
3,656
3,658
3,658

6,541,038
7,013,906
7,192,282
7,663,944

1944

1945

III

June

insi *rance
con •aru.es
No.
Assets

*?,181,759
1,910,219
1,792,753
1,629,796
1,543,297
1,489,764
1,467,553

3,455
3,750
3,895
3,903
3,870
3,824
3,783

1943
June

Assets

2,343
2,185
2,015
1,808
1,675
1,551
1,444

$3,059,352
3,362,002
4,116,911
4,401,820
4,754,281
5,037,396
5,470,565

*

1942
June

No.

21.1,604
494,301
655,906
812,310
929,970
1^055,884
1,183,742

3,467
3,761
3,932
3,951
3,920
3,864
3,824
3,819
3,815
3,808
3,788

1936

Vutuai savings

Savings and lo.an a s s o c i a t i o n s
Insured c t a t e
federal
Asr.etc
Assets
No.
No.

11

All members

End of period

Table 22.—Selected statistics for all operating savings and loan associations, by years,
1922-1944
[Thousands of dollars]

Gov't. &
other
investments

Total
mortgage
loans

Private
repurchasable
capital

Mortgage
pledged
shares

FHLB
advances
& other
borrowed
money

General
reserves
& surplus

Mortgage
loans
made

Total
assets

1922....
1923....
1924....

10,009
10,744
11,844

$3,343*000
3,943,000
4,766,000

$3,009,000
3,549,000
4,289,000

1925....
1926....
1927....

3^,403
12,626
12,804

5,509,000
6,334,000
7,179,000

5,085,000
5,842,000
6,586,000

881,000
1,032,000
1,098,000

1,620,000
1,824,000
1,895,000

1928....
1929....
1930....

12,666
12,342
11,777

8,016,000
8,695,000
8,829,000

7,267,000
7,791,000
7,760,000

1,207,000
1,284,000
1,358,000

1,932,000
1,791,000
1,262,000

1931....
1932....
1933..-.

11,442
10,915
10,596

8,417,000
7,737,000
7,018,000

7,214,000
6,AO7,000
5,559,000

1,324,000
1,259,000
1,122,000

892,000
543,000
414,000

1934....
1935....
1936....

10,744
10,266
9,663

6,406,000
5,875,000
5,688,000

4,593,000
3,947,000
3,760,000

1937....
1938....
1939....

8,870
8,289
7,719

5,588,866
5,543,099
5,524,337

7,184
6,905
6,540
6,498
6,279

...

No. of
a s s »ns.

Ill

Year

m




$

5 a , 000
632,000
770,000

$

862,000
1,187,000
1,315,000

188,000

$4,131,000

883,000
655,000
523,000

$194,000

$479,000

451,000
564,000
754,997

3,832,280
3,907,581
4,077,161

151,871
134,152
110,979

4,014,780
4,005,175
4,059,744

422,000
353,000
320,000

246,583
243,095
225,494

476,431
485,844
469,808

896,579
797,996
986,383

5,672,377
6,011,237
6,109,436

4,373,855
4,798,453
4,782,716

105,319
135,989
344,348

4,272,316
4,651,777
4,910,127

290,000
246,340
226,992

232,930
255,550
152,831

456,686
469,436
496,290

1,199,579
1,378,684
1,050,501

6,604,069
7,458,265

4,793,184
4,982,556

887,341
1,702,610

5,493,942
6,305,167

209,004
183,288

134,409
198,891

533,585
572,323

1,183,961
1,454,052

$

25

Table 23.—Prosress of institutions insured by the FSLIC, 1942-1945
[Dollar amounts are shown in thousands]
Quarterly Operations
Number of
associations

Government bond
holdings

Private
repurchasable
capital

Government
share
capital

Federal
Home
Loan
Bank
advances

New

Neir
private
investments

Total
assets

Net first
mortgages
held

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

1943
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

2 a , 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

1944
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

50,868
50,832
37,721
37,701

90,103
118,743

1,227,451

3,710,356
3,922,705
4,092,609
4,333,739

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

2,465
2,471
2,476
2,475

5,136,903
5,549,563
5,725,962
6,148,230

3,300,601
3,433,871
3,572,964
3,763,128

327,151
282,911
303,195
307,712

1,262,429
1,585,708
1,607,844
1,839,008

4,538,426
4,786,912
4,981,869
5,219,910

28,781
28,751
23,367
23,366

54,365
124,936
92,618
185,210

265,981
361,928
374,909
445*999

459,555
426,989
499,423
491,002

258,520
184,960
306,144
256,095

1942
March
June....»....."
September
December

1,461
1,464
1,466
1,467

2,137,579
2,205,921
2,2L4,101
2,299,895

1,832,341
1,849,400
1,861,062
1,853,868

99,247
141,617
116,834
164,430

28,775
41,022
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

142,377
57,397
109,960
56,723

1943
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

1944
JAarch
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
810,013

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

1945
March
June
September
December

1,465
1,465
1,467
1,467

3,237,942
3,528,027
3,632,197
3,923,501

2,081,813
2,164,653
2,255,283
2,382,101

192,904
178,377
178,411
194,678

832,311
1,052,668
1,067,837
1,213,609

2,895,120
3,058,683
3,182,465
3,348,567

22,616
22,616
18,058
18,058

37,109
97,940
71,252
137,839

165,769
226,585
235,873
283,444

304,129
281,103
328,328
325,820

172,572
115,520
206,745
163,300

897
910
920
931

1,197,522
1,255,307
1,298,995
1,351,703

941,767
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
07,438

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
ia*l44
133*168

79,183
55*431
84,940
60,622

1,000
1,006
1,009
1,008

1,898,961
2,021,536
' 2,093,765
2,224,729

1,218,788
1,269,218
1,317,681
1,381,027

134,247
104,534
124,784
113,034

430,118
533,040
540,007
625,399

1*643*306
1,728,229
1,799,404
1,871,343

6,165
6,135
5*309
5*308

17*256
26,996
21,366
47*371

100,212
135*343
139,036
162,555

155,426
145,886
171,095
165,182

85,948
69,440
99,399
92,795

Period and class
of association

gage
loans

Private
repurchases

ALL INSURED ASSOCIATIONS
1942
March
June..
September
December.

•

997,983

1945
March
June
September
December.
1946
March
June
September
December
FEDERAL ASSOCIATIONS

1946
1! arch
June
September*
December.
STATE-CIIARTERED
ASSOCIATIONS
1942
IZarch
June
September*
December
1943
March
June
•
September
December

•. <

1944
March
June
September.
December. ••

(
...••

1945 .
March
June
September
December.

<

1946
March
June
September
December

26




.

Table 24.—Summary of war housing construction, 1940-1945
T o t a l t h r o u g h August 3 1 , 1945
Type of construction

1941

1940

Completed

Completed

July-Dec.
Completed

582,820

442,077

362,770

63,925

312,409

582,820

442,077

362,770

63,925

150,927

1945

178,274

287,079

282,900

63,300

155,837
22,437

230,779
56,300

208,200
74,700

34,300
29,000

154,998

79,870

625

100,748

67,685

625

1942

1943

1944

Completed

To be
started

Jan.-Aug.
Completed

Completed

Completed

1,883,790

122,323

124,980

117,749

314,449

1,841,242

48,491

25,680

77,241

1,009,001

26,487

20,702

46,521

810,711
198,290

25,671
816

18,580
2,122

42,994
3,527

138,601
12,326

832,241

22,004

4,978

30,720

161,482

404,546

535,111
49,370
168,367
79,393

18,762
6
1,493
1,743

2,049
427
890
1,612

19,225
2,175
4,724
4,596

83,693
32,102
21,416
24,271

263,135
15,093
90,911
35,407

42,496
11,754

8,820
3,365

1,571

23,570

82,554

1,571

1,571

23,526

78,159

1,571

40,977

50,252

16,746

38,937

2,040.-

12,900
28,077

converted*...

Under
construction

41,800
8,452

16,746

11,900
27,037

1,000
1,040

"
*

_
*
*

_•

*
*

-

-

4,395.

44

„

(All private)

-

:

^Estimated

Table 25.—Home mortgages insured by the Federal Housing Administration, 1938-1945
[Premium paying; thousands of dollars]
Period and
class of loan
Title II (New Construction)
1938
1939
1940
1941
1942
1943
1944
1945
1946

227,399
461,018
561,542
693,695
490,044
45,184
1,758
7,599

13,690
35,308
48,054
64,136
70,214
14,172
592
67

8,830
28,084
37,820
50,398
56,585
8,495
249
27

9,282
32,8a
33,883
50,034
53,642
5,690
250
37

9,319
28,759
35,193
47,782
42,446
3,463
130
63

10,816
31,504
38,784
48,960
43,908
2,894
81
80

13,883
39,732
39,765
50,102
46,493
2,606
81
374

15,891
34,605
44,704
61,934
43,157
2,424
82
347

19,866
46,920
47,793
60,102
35,158
1,563
90
666

25,848
39,606
53,769
61,104
30,529
1,479
79
968

33,156
45,758
63,461
69,059
26,831
818
40
1,228

32,328
49,743
54,960
60,667
21,393
833
54
1,777

34,490
43,157
63,357
69,416
19,188
747
31
1,965

Title II (Refinancing)
1938
1939
1940
1941
1942
1943
1944
1945
1946

245,847
208,398
174,948
183,012
201,402
199,330
214,610
211,699

18,093
20,075
17,004
14,649
16,953
17,084
18,397
19,006

12,543
16,300
13,778
10,931
14,213
11,846
13,795
14,085

12,996
11,522
12,300
11,603
14,138
13,175
12,729
16,480

16,479
17,459
12,520
12,522
13,002
12,704
13,200
14,813

19,222
17,939
14,794
16,317
16,269
15,248
18,319
22,272

25,496
21,178
14,591
24,708
19,317
16,759
17,768
18,841

24,886
16,553
15,61^
19,597
19,571
18,502
18,322
18,207

23,962
18,131
15,176
10,124
16,655
18,519
20,256
17,286

23,102
13,821
14,563
11,979
17,044
18,737
19,967
15,165

25,263
15,380
16,559
16,231
17,639
18,856
21,941
18,606

21,991
17,405
13,907
16,253
17,071
20,499
21,646
18,887

21,315
16,634
14,144
13,100
19,530
17,401
18,270
13,051

Title VI
1941
1942
1943
1944
1945
1946...

13,431
267,015
517,657
491,069
255,045

6,556
40,649
49,003
38,640

8,483
37,168
;0,616
31,417

12,273
43,523
41,620
29,886

11,424
35,878
36,793
26,885

13,554
39,511
37,739
23,707

230
15,876
41,629
34,238
20,413

436
20,621
43,445
42,322
19,056

560
25,030
49,518
48,166
14,992

1,143
31,524
46,365
42,592
12,634

2,190
38,265
48,571
43,354
15,253

3,578
40,195
48,421
38,053
10,779

5,294
43,2U
42,979
36,573
11,333

Table 26.—FHA

[Face a m o u n t of mortgages; thousands of dollars]
1940
December

1941
December

1942
December

$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

1943
June

$319,147
1,231,638
301,058
1,819,942
259,495
222,377
3,795,519 . 4,153,657

1946

1945

1944
December

June

December

June

December

IPII

1939
December

fill!




insured home mortgages held, by class of institution, 1939-1945

$379,482
1,495,245
392,643
1,919,999
134,551
233,752
4,555,672

$407,994
1,550,409
416,254
1,982,879
99,362
220,447
4,677,345

$404,391
1,557,603
416,505
1,954,736
40,584
187,978
4,563,797

$345,938
1,374*570
328,041
1,894,913
116,330
248,570
4,308,362 4,514,290

June

December

27

Explanatory Notes
{Continued from p. 4)
principal r e p a y m e n t s on previously insured loans. Title
VI loans are all on newly constructed homes. Title I I
loans m a y be either on new or existing dwellings. (See
R E V I E W , T a b l e 11.)

fNSURED MORTGAGE HOLDINGS: Compiled by t h e
Division of Research and Statistics, Federal Housing
Administration.
Based on t h e original face amount of instrum e n t s , this table shows t h e insured mortgages held by t h e
various classes of institutions. Figures do not include

28




terminated mortgages nor cases in transit to or being
audited by the F H A , b u t only t h e mortgages on 1- tu 4family homes insured under Titles I I and VI. T h e
Federal agency classification includes t h e R F C Mortgage
Company, Federal National Mortgage Association, and
t h e U. S. Housing Corporation. T h e " o t h e r " classification includes mortgage companies, finance companies, endowed institutions, private and state benefit funds, etc.
(See R E V I E W , Table 19, published in M a r c h and September.)

11. S. G O V E R N M E N T P R I N T I N G O F F I C E : 1 9 4 6 -


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102