The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F/F Unadj
1/71
May 4, 1971...
*
Flow of Funds,
Unadjusted
1st Quarter, 1971
Preliminary
Division of Research and Statistics
Board of Governors of the Federal Reserve System
Washington, D.C.
/•
TABLE LIST
SUMMARY TABLES
1 .
Credit Market Summary
2 .
Net Investment and Borrowing
SECTOR TABLES
3.
Households
4.
Total Business and Noncorporate Business
5.
Nonfinancial Corporations
6
Governments
.
7.
Banking System
8 .
Nonbank Finance Summary
9.
Insurance Companies and Pension Funds
1 0 .
Finance N.E.C. and Foreign
TRANSACTION TABLES
11 .
Monetary and Insurance Reserves
1 2 .
Money and Deposits Summary
13.
UoS. Government Securities
14.
Private Securities and Mortgages
15.
Mortgages by Type
16.
Consumer Credit and Bank Loans N.E.C*
17.
Other Loans, Including Open-Market Paper
18.
Security Credit, Trade Credit, and Taxes
19.
Miscellaneous I
2 0 .
Miscellaneous II
2 1 .
Total Claims--Recapitulation by Type
2 2 .
Saving by Individuals
4 MAY 1971
C R E D I T MARKET SUMMARY
CREDIT
SUMMARY OF FUNDS R A IS E D AND ADVANCED IN U . S . C R E D I T
( M I L L I O N S OF DOLLARS!
UN AD JU S TE D
QUARTERLY
MARKET
SUMMARY
MARKETS
UN AD JU S TFD QUARTERLY FLOWS
FLOWS
I V / 68
1/69
I
1969
| III
FUNDS R A I S E O ,
BY TYPE
IV
|
II
I
III
1971
I
AND SECTOR
23,941
37,349
-6 ,4 0 0
-5 ,890
-5 1 0
7,633
7,445
188
9 ,243
8 , 8 75
368
11,167
1 ,485
9 ,682
1 ,7 8 1
3.548
4,353
1 ,987
1 ,037
958
371
28.586
16,513
1 ,5 0 5
15,008
3,3 07
5,763
5,938
2 ,9 4 1
1 ,3 5 0
1 ,1 3 1
516
16,308
16,518
1, 342
15, 176
2,090
5,7 57
7,329
3,881
1,508
1,4 64
476
28,106
20,752
2 ,4 7 1
1 8 ,2 8 1
4,640
6,036
7 ,6 05
3,496
1 ,8 5 9
1 ,8 3 4
416
13,686
6,4 56
4,4 61
-2 5 8
3,027
-5 s
-1 ,8 3 3
-2 ,7 7 1
1 ,6 3 7
2,912
1 2 ,0 7 3
6,116
2,844
317
2 ,796
- 2T
-3 * ' - V
1. 365
534
995
"... i,
/
2 ,8 9 5
1 ,2 7 7
1 ,6 8 0
- 2 - ""*5 8
- 3 , ' +3b
-3 ,3 1 5
1, 177
2 ,7 16
26.547
790
1,074
11,194
13,489
11,600
2,140
-251
1 1 ,1 1 2
480
1,915
4?,?
8,?9 5
6.548
614
1,133
28.586
390
3 , 3 56
7,4 62
1 7 ,3 7 8
13,923
1 ,825
1,630
16,308
567
2 ,28 4
4 ,7 19
8,738
6 ,6 49
1,632
457
2 8 , 106
I , 177
4 ,690
8 ,5 1 9
13,720
11,548
2 ,1 5 3
19
17,714
934
6 ,1 25
-8 8 2
11,537
8 ,7 5 1
1,246
1 ,540
1
11,566
34,895
16,238
33,413
16,760
21,723
2
3
4
2,5 07
1 ,0 56
1,4 51
10,182
8 ,9 3 9
1 ,2 4 3
5,5 70
5,231
339
3,647
2 ,8 13
834
296
88
208
3,172
4,848
-1 ,6 7 6
5 ,0 6 1
5 ,4 2 8
-3 6 7
2 ,45 6
-120
5
6
7
8
9
10
11
12
13
14
15
9 ,059
8,2 77
207
8,070
1 ,4 68
3,4 32
3,170
1 ,2 7 6
714
747
433
24.713
13,246
965
1 2 ,2 8 1
1,7 16
3 ,688
6 ,877
3,976
1 ,0 8 5
1 ,2 9 7
519
10,668
10,206
381
9,825
1 ,4 18
2 ,8 92
5 ,5 15
3 .0 30
667
1,2 46
572
29.766
14,436
-528
14,964
3,3 10
3,945
7,709
4,201
1 ,113
2 ,0 53
342
16.464
12,672
73
12,599
2,800
3,753
6 , C46
3,390
917
1,206
533
18.551
1 3 , 2 53
1,4 99
11,754
1 ,2 7 5
3,202
7,277
4 ,2 64
1 ,1 74
1,420
419
26.547
12,861
2 ,311
10,550
956
2,634
6,960
3 ,659
1 ,5 4 2
1 ,5 0 2
257
16
17
18
19
20
782
-699
-2 ,3 1 2
1, 156
2 ,6 37
11,467
6,578
3,507
-5 9
1 ,4 4 1
462
-1 ,6 5 8
- 1 , 151
467
2 ,804
15,330
8 ,4 0 1
5.5 55
-2 8 3
1 ,6 5 7
3 ,792
86 V
-1 ,24 1
1 ,5 68
2,601
5 ,298
-2 9 4
2,013
1,058
2 ,5 2 1
21
22
23
24
25
26
27
28
9* 05 9
1 ,2 4 5
1,478
- 3 79
6,715
5,1 92
345
1 ,178
24.713
1 ,0 0 2
1 ,7 2 5
10,289
11,697
9,430
1,914
353
10,668
1.030
1,4 75
2,740
5,423
3 ,9 93
371
1,0 59
29.766
885
3,4 25
12,663
12,793
10,308
2.556
-7 1
16.464
867
2 ,9 3 7
3,172
9 ,4 88
7,055
1,124
1,3 09
18.551
592
1 ,3 4 1
6,671
9,9 47
7 ,5 87
1,881
479
FUNDS ADVANCED D I R E C T L Y
I
I
1970
31,608
13,448
.
11,112
IN C R E D I T
17,799
TO T A L FUNDS R A IS E D
BY N O N F IN AN C IA L SECTORS
85 u . s . g o v e r n m e n t ! /
806
P U B L IC DEBT S E C U R I T I E S
BUOGET AGENCY IS SU ES
-721
1 7 , 7 1 4 ALL OTHER N O N F IN . SECTORS
20,572
C A P I T A L MARKET INSTRUMFNTS
1,5 29
CORPORATE E Q U I T Y SHARES
DEBT C A P I T A L INSTRUMENTS
19,043
6 ,0 4 1
S T .♦ L O C A L G O V T . SEC .
CORPORATE ♦ F GN . BONDS
6 ,8 3 1
6 ,1 7 1
MORTGAGES
2 ,5 76
HOME MTGS.
OTHER R E S I D E N T I A L
1,5 73
1,5 25
COMMERCIAL
FARM
497
OTHER P R I V A T E C R E D IT
PANK LOANS N . E . C .
CONSUMER C R E D IT
OPEN-MA RKE T PAPER
OTHER
BY BORROWING SECTOR—
FOREIGN
S TA TE + L O C A L GO V TS .
HOUSEHOLDS
NONF I N A N C IA L BUS IN ES S
CORPORATE
NONFARM NONCORPORATE
FARM
10
11
16
17
1*
19
20
?1
22
23
24
25
26
27
28
MARKETS
i
11,566
34,895
16,238
33,413
16,760
21,723
31,608
13,448
22,186
23,941
37,349
2
3
4
5
2 ,153
598
-9 5
-6 9 3
606
161
640
479
1,487
33
1,171
1, 138
639
-5 6
501
557
73 8
146
*1 , 0 1 2
8 66
909
-3 5 6
2,3 41
2 ,6 97
550
538
3,427
2,8 89
1,10 0
3,525
3,633
807
504
2,048
1 ,544
846
-112
1 ,4 8 1
1 ,5 93
460
867
2 ,3 31
1 ,4 64
1 7 , 7 9 9 . T OT A L FUNDS R A IS ED
ADVANCED D I R E C T L Y B Y 607 U . S . GOVERNMENT
1 ,0 44 U . S . G . CRFOIT AGENCIES,NET
-42
FUNDS ADVANCED
-1 ,0 8 6
L E S S -F U N D S R A IS ED IN C R .M K T .
6
7
8
9
553
1 ,066
1 ,2 6 7
201
2 ,204
16,106
16,123
17
520
- 3 , 649
-3 ,6 5 4
-5
-3 7 <^
1 8,702
18,678
-2 4
-4 9 6
-6 ,6 1 8
-6 ,3 9 9
219
35
-3 ,5 7 4
-2 ,3 1 5
1,259
3,0 47
12,373
14,066
1 ,693
-1 ,3 4 1
-8 ,3 9 0
-6 ,1 1 5
2 ,2 75
1,959
8,1 85
9 ,221
1 ,0 36
2,226
12,642
9 ,7 54
- 2,888
2,137
18,845
16,614
-2 ,23 1
2 , 0 9 9 F EDERAL RESERVE SYSTFM
3 , 4 0 4 COMMERCI AL BANKS, NET —
2 ,747
FUNDS ADVANCED
-6 5 7
L E S S -F U N D S R A IS ED IN C R .M K T .
10
11
12
13
14
15
8 ,4 03
4 , 2 84
4,406
-2 8 7
4 59
746
7 ,1 2 1
2 ,7 94
4 ,8 73
-5 4 6
2 ,577
3 ,123
9 ,4 3 0
4 ,4 74
5 ,7 14
-7 5 8
102
860
8 ,7 34
3,463
6,431
-1 ,1 6 0
1,950
3,1 10
8 ,743
4 ,5 6 6
5,3 63
-1 ,1 8 6
-1 ,7 8 1
-595
7 ,2 45
1,947
5,293
5
719
714
5,362
885
5 ,0 2 2
-545
5,5 25
6 ,070
7,262
1 ,7 84
6,231
-7 5 3
-1 ,30 7
-554
9,6 93
3 ,491
6,024
178
814
636
11,2 2 0
4 ,733
6,1 86
301
2,262
1,961
1 1,129
4 ,6 68
6 ,483
-22
3 ,4 74
3,496
1 7 , 5 0 4 P V T . NONBANK FINA NC E
11,763
SA VIN GS I N S T I T U T I O N S , N E T 1'
6 , 444
INSURANCE
-703
F IN A N C E N . E . C . , NET
FUNDS ADVANCED
-961
-2 5 8
L E S S -F U N O S R A IS E D I N MKTS.
4 ,216
)
16
2 22
1 ,234
-398
2,471
-3 4 9
2,4 41
-8 2 1
1,9 64
2 ,0 99
2,597
17
16
19
20
21
-1 .4 2 9
-2 ,3 1 4
208
243
— 434
7 ,4 63
5 , 199
1 ,095
2 ,2 17
1,048
8 ,8 15
1, 308
739
5,856
-912
3 ,293
4 ,5 70
335
-6 4 3
969
14,596
2 ,6 2 8
2,868
8,357
-7 4 3
15,023
2 ,6 19
1 ,818
9 ,7 54
-8 3 2
10,559
6,597
552
3 ,4 41
31
12*961
2 ,7 16
273
8,958
-1 ,0 1 4
-1 ,0 6 1
1 ,7 3 3
-1 ,2 7 2
- 2 ,12 1
-599
-5 ,4 7 8
-8 ,99 9
-2 ,0 1 9
5 ,466
-7 4
3 ,099
FOREIGN
- 9 , 9 5 8 P V T . DO MESTIC NO NF IN AN C IA L
-3 0 5
3,558
854
BU S IN ES S
-7 9 8
5 ,074
S T A T E ♦ LOCAL G O V T . , GEN.
-2 ,7 7 8 -1 4 ,6 2 7
HOUSEHOLDS
287
1,2 59
L E S S - N E T S E C U R IT Y C R E D I T
17
18
19
20
21
SOURCES OF FUNDS S U PP L IE O TO C R E D I T MARKETS
1
11,566
34,895
1 6,238
33,413
16,760
21,723
31,608
13,448
22,186
23,941
2
3
4
5
6
7
6,193
7 ,6 22
-5 ,41 4
13,036
8 ,9 79
4,0 57
25,934
18,471
11,478
6,9 93
3 ,089
3 ,9 04
1 0,031
1,216
-7 ,5 0 5
8 ,721
5,768
2 ,953
26,610
23,317
13,362
9 ,9 55
5 ,695
4,2 60
8,0 78
-6 * 5 1 8
-9 ,2 5 0
2 ,7 32
-5 6 5
3 ,2 97
11,470
-3 ,5 5 3
1,536
-5 ,0 8 9
-5 ,5 2 9
440
22,135
6 ,2 36
-6 ,7 2 5
11,576
11,825 -1 0 , 7 3 8
-2 4 9
4 ,0 13
-1 ,9 9 5
2 ,973
1,746
1*040
1 3 ,4 2 0
1 4, 48 1
3,044
11,437
7 ,296
4,141
17,606
23,084
1 ,8 17
21,267
16,857
4 ,4 10
T O T A L BORROWING BY
17,799
N O N F IN A N C IA L SECTORS
S U PP L IE O D I R E C T L Y AND I N D I R E C T L Y B Y P R IV A T E DOMESTIC N O N F IN A N C IA L S EC TO RS :
29,966
11,971
TOTAL
2 1,929
3 0,271
D E P O S IT S
12,067
-7 ,7 3 7
OEMAND O EP . ♦ CURRENCY
18,204
29,666
T IM E AND SV GS. ACCOUNTS
17,299
11,323
A T COMMERCIAL BANKS
6,881
12,367
AT SAVIN GS I N S T I T .
8
9
10
11
-1 ,4 2 9
-1 ,0 6 2
-1 7 5
-4 3 4
7,463
4 ,093
4 ,5 29
1 ,048
8 ,8 1 5
6 , 641
522
-9 1 2
3 ,293
1 ,3 92
5 ,5 31
9 69
14,596
9 ,363
4 ,8 12
-7 4 3
15,023
6 ,407
7 ,6 74
-8 3 2
10,559
3 ,5 59
8,4 27
31
12,961
5 ,2 86
7 ,200
-1 ,0 1 4
-1 ,0 6 1
-6 ,9 7 0
6 ,1 92
-599
-5 ,4 7 8
-986
-5 ,1 5 0
-7 4
-3 0 5
-9 ,9 5 8
-4 ,6 6 4 -1 0 ,3 8 8
6 ,6 49
2 ,8 21
1,259
287
12
13
14
-615
-837
222
2,152
918
1,234
-3 5 0
48
-3 9 8
1,879
-5 9 2
2,471
2 ,7 87
3,1 36
-3 4 9
3*640
1,199
2*441
-3 8 2
439
-821
1 ,987
23
1 ,964
517
-1 ,5 8 2
2 ,0 99
108
-2 ,4 8 9
2,5 97
-1 6 9
-4 ,38 5
4 ,216
-389
-3 ,4 8 8
3,0 99
15
16
17
18
651
2 ,153
3,931
-747
-9 8 7
606
4,905
2 ,285
-4 4 7
1*4*7
4 ,2 8 9
1 ,228
-3 ,9 8 4
639
5 ,035
3,234
-4 5 2
738
3,7 96
1,813
583
909
4 ,7 82
339
-1 ,23 1
550
4,7 61
5 ,775
1 ,3 98
1,10 0
4 ,754
'-'•7
1 ,0 9 0
807
5,4 30
922
793
846
5 ,0 90
-5 0 2
-6 5 0
460
5,7 07
2 ,035
-3 ,6 4 6
60 7
4 ,9 31
37
]/
Excludes sponsored credit agencies.
See Part II, line 3.
21 Includes unconsolidated bank affiliates.
3/
Includes open-end investment companies.
•
37,349
, r
C R E D I T MKT. I N S T R . , NET
U . S . GO V T. S E C U R I T I E S
P V T . C R E D I T MKT. I N S T R .
L ES S S E C U R IT Y DEBT
OTHER SOURCES:
FOR EIG N FUNDS
A T BANKS
OIRECT
C HG. IN U . S . GO V T . CASH BAL
U . S . GO V T. LOANS
PVT
IN S U R . AND PE NSION RE
JKCES N . E . C .
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
I
13
4 MAY 1971
NET INVE ST MENT
NE T
♦ BORROWING
P R IV A T E DOME ST IC
N ET
IN V ES T M EN T ♦ BORROWING
INVE ST MEN T ANO BORROWING I N C R E D I T MARKETS
( M I L L I O N S OF DOLLARS I
UN AD JU S TE D QUARTERLY FLOWS
UN AD JU S TE D QUARTERLY FLOWS
IV
II
IV
III
!
1
1971
I
1/67
IV / 6 7
1/68
I V /68
1/ 69
1
2
3
43,599
31.118
12,481
51,373
33,159
18,214
46.768
33,883
12.885
57,348
35,891
21.457
52.287
36.707
15.580
57.127
38.148
18*9 79
59,745
38,884
20,861
50,667
39.652
11.015
57.762
40.432
1 7, 33 0
56.221
41.195
15,026
58,529
41.813
16.716
T O T A L t HOUSEHOLDS ANO BU S IN ES S
T O T A L C A P I T A L OUT LA YS ( I )
53,966
C A P I T A L CONSUMPTION f 2 1
42,703
NET P H Y S IC A L INVE ST MEN T
11,263
4
5
6,3 36
6 , 145
21,986
-3 ,7 7 2
8 , 163
4,722
25.456
-3 .9 9 9
12.660
2 ,920
16.618
2 .361
24,683
-3 .82 2
8.717
2.298
24,840
-7 ,5 1 0
13,457
1, 569
22.239
-5 ,52 3
10,655
608
NET BORROWING
NET F Q U I T Y IN VES T ME NT
6
7
8
23,319
14,192
9,127
23,391
15,054
8,337
22,423
15.345
7 .078
25.609
16.047
9,5 62
25,839
16.395
9 .4 44
28.559
16.910
11.649
27,018
17.184
9,834
25,016
17,497
7,519
2 9,487
1 7,825
11.662
28,488
18,131
10,357
27,051
18,399
8,652
26,524
18,746
7,778
T OT A L B U S IN ES S
T O T A L C A P I T A L OUT LAYS
C A P I T A L CONSUMPTION
N ET P H Y SI C A L INVEST MEN T
9
10
6,715
2 ,412
11,697
— 3,360
5 .4 23
1,655
12,793
-3 ,2 3 1
9 .488
-44
9 ,9 47
1.702
13,48<J
-3 .6 5 5
8 ,2 95
-7 7 6
17.378
-5 .7 1 6
8 ,7 38
1 ,619
1 3,720
-5 .06 8
11,537
-3 ,7 5 9
NET BORROWING
NET E Q U I T Y IN VES T ME NT
u
12
13
1 7, 88 1
1 0 ,0 4 1
7,840
18,242
10,709
7 ,533
16,954
10.933
6 .021
20,244
11.426
8 ,8 18
19,804
11.709
8.095
22.344
12.085
10.259
21,536
12.286
9 .2 50
19,182
12,523
6 ,659
22.503
12.770
9.733
22,272
12.993
9 ,2 79
21,659
13,246
8 .4 13
19.727
13. 518
6 ,2 09
CORPORATE BU S IN ES S
T O T A L C A P I T A L OUTLA YS
C A P I T A L CONSUMPTION
NET P H Y SI C A L INVESTMENT
11
12
13
14
15
5, 192
2,648
9 ,4 30
-1 ,8 9 7
3 ,993
2 ,028
1 0.308
-1 .4 9 0
7 ,055
1.040
7.5 87
2.672
11.600
-2 ,3 5 0
6 ,5 48
111
13.923
-4 .19 0
6 .649
2.630
11.548
-3,135
8,751
-2 ,5 4 2
NET BORROWING
NET E Q U I T Y INVE ST MEN T
14
15
16
17
16
20.280
16,926
3,354
27,982
18,105
9 , B77
24,345
18 .538
5 .807
3 1.739
19.844
1 1,895
26.448
20.312
6 ,1 36
28.568
21.238
7 ,3 30
32,727
21.700
11.027
25,651
22,155
3,4 96
28.275
22,607
5 .6 68
27,733
2 3,064
4 ,6 69
31,478
23,414
8*064
2 7.442
23.957
3.4 85
HOUSEHOLDS
T O T A L C A P I T A L OU TL A YS
C A P I T A L CONSUMPTION
NET P H Y SI C A L INVE ST MEN T
16
17
18
19
20
-379
3,733
10.289
-412
2 .7 40
3.067
12,663
-768
3.1 72
2 .9 64
6,6 71
6 59
11,194
-167
422
3,0 74
7 ,4 62
-1 ,7 9 4
4 ,7 19
-5 0
8,519
-4 5 5
-882
4.3 67
21
22
23
24
-184
3,1 96
354
-3 6 7
-4 8 6
1.996
508
2 ,430
-7 6 8
3 ,027
431
-377
-480
1 .6 5 1
486
2.425
-880
3 .2 45
3 57
-2 4 2
-3 9 4
867
696
510
-7 0 5
2 ,016
662
2,140
-431
2,870
481
-1 5 4
-1 ,322
675
611
1 ,7 5 8
-715
126
631
92
-2 7 6
974
555
1 ,7 0 8
98
3*243
389
-6 3 7
1 III
1
I
(3 )
N ET BORROWING
NET E Q U I T Y IN VESTMENT
OF WHICH*
HOUSES L ES S HOME MTGS.
DURABLES LESS CONS. C R E D IT
NONP ROF IT PEE LESS MTGS.
L E S S - U N A L L O C A T E D DEBT
( 1 ) C A P IT A L OU TL A YS ARE T O T A L S FOR R E S I D E N T I A L AND NONRESID F N T I AI
F I X E D C A P I T A L . NET CHANGE IN I N V E N T O R I E S , AND CONSUMER DURABLES,
EX CEP T OU TL AY S BY F I N A N C I A L B U S IN E S S .
( 2 ) C A P I T A L CONSUMPTION IN CLU OE S AMOUNTS FOR CONSUMER DURABLES
AND EXCLUDES F I N A N C I A L B U S IN ES S C A P I T A L CONSUMPTION.
13 1 EXCESS OF NET
IN V ES T ME NT OVER N ET BORROWING.
19
20
21
22
23
24
4 MAY 1971
HOUSEHOLDS
HOUSEHOLDS
SECTOR
3
S T A T E ME N T S OF S A V I N G ANO I N V E S T ME NT
( M I L L I O N S OF OOLLARS)
UN AD J US T E D QUART ERL Y FLOWS
U N A OJ U S T E D QUART ERL Y FLOWS
1/67
1 / 68
I V / 67
IV/6S
1/ 69
HOUS EHOL DS ,
1 14 6 , 770
2 0 , 079
2
3 118, 138
8 , 5 53
4
5
653
319
6
8 84
7
I
I
1969
III
PERSONAL
IV
TRUSTS,
I
|
1970
I
II
III
IV
I
|
1971
I
AND N ONP ROF I T O R G A N I Z A T I O N S
169, 470 158, 895 1 8 5 , 877 17 4 , 238 19 1 , 0 54 2 0 0 ,, 303 1 88 , 132
2 4 , 981
2 8 , 762
2 8 , 370
2 5 , 527
18, 886
2 1 , 049
23, 049
135, 665 127 , 756 1 4 9 , 041 1 3 7 , 829 148, 5 84 160, , 475 1 47 , , 965
15, 186
1 4 , 1 00
1 0 , 882
13, 787
l l < , 066
14, 919
1 0 , 0 90
1 ,,348
683
1 , 515
1 , 106
1 , 464
1 , 02C
I , 281
759
646
268
1 , 190
1 , 376
81 I
1 , 110
99
6
,,4
7
7
880
004
2
,,
2,
7, 2 0 6
5, 503
1 , 876
L9 8 , 4 2 3
35, 447
157,746
5,230
4,114
66
3,519
203,591 210,874
2 7, 706
28,133
158,568 170,279
17,317
12, 462
1,973
I , 579
41
170
1,491
3,869
2 0 0 ,, 2 4 7 PERSONAL INCOME
24, , 557 L E S S - PERSONAL T A XE S * NONTAXE
PFRSONAL OUT L AYS
158, , 0 1 3
17, , 677 = PERSONAL S A V I N G , NI A B A S I S
1 ,, 685 ♦ C R E D I T S FROM G O V T . I N S U R .
473 ♦ C A P I T A L G A I N S D I V I D E N D S
- 7 2 ♦ NET DURA9L ES IN CONSUMPTI ON
8
9
10
LI
12
13
1 0 , 409
16, 9 26
1 ., 914
3 36
14,, 676
27, , 335
2 2 , 996
18, 105
2 , 007
354
15,, 744
41, 1 01
13, 797
18, 538
2 ,, 029
360
16, 149
32, 3 35
2 3, 464
19, 8 44
2 ,, 085
380
17, , 379
4 3, , 308
15, 3 68
2 0 , 312
2 ,, 113
3 86
17, , 813
3 5, , 6 8 0
18, , 763
2 1 , 238
2 ,, 176
398
18, , 664
40, , 001
18, , 985
2 1 ,, 700
2 ,, 209
403
19,, 088
40, , 685
17,, 279
2 2 ,, 155
2 ,, 235
410
19,, 510
39, , 4 3 4
12, 929
22, 60 7
2,261
418
19, 928
35,536
20, 428
23, 064
2, 289
4 24
20,351
43,492
18, 474
23,414
2, 382
432
20,600
41,888
19,, 7 6 3 = NET SAVI NG
23, , 957 * C A P I T A L CONSUMPT I ON
ON OWNER- OCC. HOMES
2 ,, 4 7 5
ON N ONP ROF I T P L . + F Q .
4 39
ON CONSUMER DURABLES
2 1 ,, 0 4 3
43, , 720 = GROSS SA VI NG
14
15
16
17
IB
32,, 644
2 0 ,, 280
3,, 7 2 6
15,, 560
9 94
35, , 669
27, 982
5,, 577
2 1 ,, 247
1 ,, 158
36, , 205
24, , 345
5,, 243
18, , 025
1 ,, 0 7 7
38, , 723
31. , 739
5,, 9 9 4
24, , 585
1 ,, 1 6 0
39, , 015
26, , 4 4 8
5,, 581
19,, 8 1 7
1 ., 0 5 0
42, , 072
28, , 568
5,, 6 0 6
2 1 ,, 5 4 4
I,,418
35,, 5 7 0
32, , 72 7
5,, 7 6 9
25, , 5 6 5
I,,393
37,, 5 4 7
25, , 651
4, , 819
19, , 609
1 ,, 223
3 2 , 8 42
28, 275
3,462
23,447
1,366
47,173
27,733
4,493
21, 842
1,398
43,767
31,478
5,674
24,469
1,335
41, , 905
27, , 442
5,, 2 8 9
2 0 ,, 971
I,, 1 8 2
19
20
21
22
23
24
25
1 2 ,, 364
1 2 ,, 241
8 ,i 20 3
- 1 ., 0 8 6
9 ,289
5 ,232
4 ,057
7,, 6 8 7
19,, 563
1 2 ,, 3 2 2
6 ,, 4 8 8
5,, 8 34
I ', 9 3 0
3,, 9 0 4
U < , 860
13,, 768
3,, 9 5 2
- 4 , , 468
8 ,, 4 2 0
5,, 4 6 7
2 ,953
6 ,, 9 8 4
2 1 ,, 313
16,, 5 3 8
9,, 2 4 2
7,, 2 9 6
3,, 0 3 6
4,, 2 6 0
1 2 ,, 5 6 7
14,, 8 2 9
3,, 2 8 9
- 3 , ,875
7,. 164
3,, 867
3,, 297
13,, 5 0 4
19, , 107
5., 601
4,, 8 1 6
785
345
440
2 ,843
14, , 601
5 ,937
4,. 7 7 4
1 ,163
-583
1 ,746
1 1 , 896
l l i , 201
- 2 , 249
- 4 , .433
2 ,184
I ,144
1 ,040
4,567
11, 217
6,607
-1,089
7,696
3,555
4,141
19,440
24,607
13,615
3,159
10, 456
6,046
4,410
12, 289
21, 322
17, 778
5,878
11, 900
5,019
6,881
14,, 4 6 3
15,, 3 7 0
24 , 8 0 9
- 3 , 856
28,, 6 6 5
16,, 2 9 8
12 , 3 6 7
26
27
1 ,188
2 , 715
1 ,, 1 8 6
3,, 949
I ,, 149
3,, 1 8 4
1 , 156
3,, 9 1 3
li, 199
2 ,r 73 5
1 ,, 2 4 5
3,, 8 64
I ,221
3,, 5 2 4
1 ,224
3,, 587
1,225
5,950
1,223
4,024
1,212
4,996
1 ,212
3,, 9 4 6
28
29
30
31
32
33
34
243
228
-296
775
776
- 1 ,402
162
2 ,. 2 1 7
1 ,, 6 7 7
- 1 , 2 59
L,, 4 50
981
- I ,092
460
5 ,856
3,, 564
280
726
1 ,811
- 1 ,071
546
-643
-479
- 3 65
2 , 604
I , 539
- 4 ,200
258
8 .357
5,, 93 7
I,, 2 3 7
9 75
2 ,386
- 2 ,708
530
9 ,754
6 ,, 0 3 9
632
2 , 249
1 ,135
- 1 ,025
7 24
3 ,441
3,, 1 1 4
-555
1 ,682
I ,205
- 2 ,601
596
8 , 958
5,, 3 9 4
529
2 , 821
I ,098
- I , ,637
753
- 2,121
-3,655
-713
2,607
484
-1,366
522
5,466
2,264
-1,424
3,476
567
17
566
35
36
37
-992
523
361
- 846
358
3 77
-681
-119
427
-611
482
478
-947
-383
579
-883
-459
-15
-463
2 79
662
-574
-332
587
-617
-441
614
-642
292
629
-517
-2
633
-923
299
6 54
38
39
40
41
42
43
44
45
-123
-379
1 ,996
304
- 1 ,356
- 9 56
-742
375
11 , 876
10 , 289
4 ,056
2 96
2 • 161
I , 346
2 , 137
293
1 , 908
2 , 740
3,982
286
- 452
-699
-778
401
14 , 3 2 9
12 , 6 6 3
4 , 389
294
3, 706
I ,849
2,011
4 14
2 ,262
3,. 1 7 2
4,348
307
-218
- 1 ,023
- 773
531
5 , 603
6 , 671
3,824
3 24
2 , 269
-256
-509
1 ,019
11 , 758
11 ,194
4 ,265
328
2 ,813
1 ,648
1 ,381
759
-695
422
3 ,015
332
- I ,507
- I ,264
- 1 ,006
852
6,650
7,462
2,523
337
2,037
807
1,018
740
5,167
4,719
2,919
343
1,443
-78
-481
573
9,033
8,519
3,568
348
1,019
1,876
1, 311
397
9 07
-882
2 ,716
354
- 2 ,295
- I , ,020
-1 ,034
397
46
47
48
89
90
77
I , 406
110
71
- 1 ,031
115
84
1 ,451
126
89
- 1 , 126
128
88
- 1 ,291
133
90
310
134
120
- 1 ,346
136
93
-1,040
137
91
218
140
90
285
141
88
1 ,558
144
87
49
- 5 ,309
5, 432
- 3 , 870
4 , 585
- 3 ,335
- 2 ,071
5, 115
1 ,887
2,694
-3,681
-1,879
I ,815
- 2 , 7 7 8 - 14, ,627
- 4 , 1 6 0 -1 7, ,433
438
126
3,. 1 7 3
3,082
589
236
-2,239
- I , .721
327
177
1
2
3
4
5
6
7
a
9
10
11
12
13
CONSUMER DURABLE GOODS
PL ANT
EQU I P . ( NONPROFI T)
14
1^
16
17
18
NET F I N A N . I N V E S T ME NT
N E T A C Q. OF F I N A N . ASSETS
T OT A L D E P O S I T S ♦ CURR.
DEMANO D E P O S I T S ♦ CURRENC
S A VI NGS ACCOUNTS
AT COMMERCI AL BANKS
AT S A V I N GS I N S T I T U T I O N S
19
20
21
22
23
24
25
GROSS I NV F S T MF NT
C A P I T A L E XPEND.
residential
(NET
OF
SALES
constructio n
L I F E I NSURANCE RESERVES
PF N S I O N FUND RESERVES
26
27
C R E D I T MK T . I NST RUMFNT S
U . S . GOV T . S E C U R I T I E S
^T ATE ANO LOCAL O B L I G .
CORPORATE AND F GN . ROND
I NVEST MENT C O. SHARES
OT HER CORP. SHARES
MORTGAGES
28
29
30
31
3?
33
34
NET I N V . I N NONCORP.
SECURI T Y C RE DI T
MI S C E L L AN E OUS
BUS.
35
36
37
NE T I NCREASE I N L I A B I L I T I E S
f P f n i T MKT. INSTRUMENT^
h o m e MORTGAGES
OTHER MORTGAGES
I N S T A L L ME N T CONS. CR.
OTHER CONSUMER C R E O I T
RANK LOANS N . E . C .
OTHER LOANS
38
39
40
41
42
43
44
45
SECURI TY CREDIT
TRAOE DEB T
MI S C E L L ANE OUS
DI S C RE PA NCY
46
47
48
49
4 HAY 1971
T O T A L ♦ NONCORP BUS INE SS
TOTAL
SECTOR
UN AD JU S TE D
ST ATEMENTS OF SAVI NG AND IN V EST ME NT
( M I L L I O N S OF DOLLARS I
UN ADJ US TED
QUARTERLY FLOWS
1/68
I V / 68
1 /6 9
I
1969
| III
N O N F IN A N C IA L
10
li
12
13
14
15
16
17
18
19
20
♦ NONCORP BUSINESS
IV
|
1
1970
I
B U S IN E S S -
II
III
IV
|
QUARTERLY FLOWS
1971
I
TOTAL
3 2.713
19,505
35,256
22* 402
3 3,705
19,965
37,374
2 2,139
35,436
19,534
36,282
19,693
36*4 40
24,543
33,195
19,289
1193
>347
33,969
20,748
33,921
22,279
33,205
21,839
INCOME BEFORE
GROSS SAVING
18,010
23,319
18,877
1f l , 289
-7 6 0
1 ,3 4 8
4 ,442
20,270
23,391
21,669
19,972
43
1,6 54
1,722
19,460
22,423
20,036
1 9,509
-1 ,0 4 8
1, 575
2 ,3 87
18.470
25,609
23,903
21, 824
-102
2 ,1 81
1 ,7 06
17,915
25,839
22,092
2 1.054
-1 ,0 6 1
2.099
3,747
16.126
28,559
26,859
23.^82
696
2,6 81
1,700
22,156
27.018
26,212
24,205
2,613
806
19,622
25.016
23.007
22,484
-1 .1 3 3
1,6 56
2,009
>298
,487
,753
>843
673
>237
734
18,550
28,488
28,241
24,036
1,353
2 ,8 52
247
21,236
27,051
26,592
23,962
61
2 ,5 69
459
2 1* 7 64
26,524
24,314
22,916
-2 4
1 ,4 2 2
2 ,210
GROSS INVE ST MENT
C A P I T A L EX PE ND ITU RES
F I X E D IN VES TM ENT
B U S IN ES S PLANT + EQUIPMENT
1 - 4 F A M IL Y R E S I D E N T . CONST
OTHER R E S I D E N T I A L
CHANGE IN IN V E N TO R I E S
- 5 , 309
-1 ,9 5 5
3,354
6 ,7 15
3,3 80
-7 2 0
1 ,5 9 0
308
2,157
-1 ,9 1 6
-1 ,4 4 5
- 3 , 121
10,305
13,426
11,697
4 ,29 3
-8 0
2 ,605
4,323
556
-319
2,048
-2 ,9 6 3
3,296
6 ,2 59
5, 423
2 ,9 26
-9 5 2
2 , 199
-7 5 1
-1 ,4 3 0
2,2 66
- 7 , 139
8,279
15,418
12,793
2 ,906
-1 8 8
3 ,214
6 ,415
446
447
2,1 78
-7 ,9 2 4 -1 2 ,4 3 3
7 ,5 80
5 ,028
12.952
20.013
9 ,9 47
9 f 488
4 ,195
3 .462
-958
440
2,349
2 .689
584
1 ,7 3 5
2 ,0 39
2 .9 00
1 .617
9.597
469
1 ,8 47
-4 .8 6 2
9 ,7 55
14,617
13,489
4 ,8 20
-6 0 6
2 ,973
4.9 18
1.384
543
585
-5 ,3 9 4
5 ,5 44
10.938
8 ,2 95
4,8 55
-1 ,02 8
2 ,0 34
-8 1 9
3 ,2 53
41
2.602
>189
>550
>739
►
378
>374
418
>660
>192
*734
>062
>701
-9 ,9 3 8
4 ,1 0 9
14,047
8 ,738
6,611
962
3 ,105
-2 ,58 3
643
4,175
1,1 34
-5 ,8 1 5
6 ,896
1 2 ,7 1 1
13,720
8 ,1 90
-7 2
3,761
475
1 ,3 66
-1 ,8 2 7
818
- 4 , 7 6 0 NET F I N A N C I A L IN VES TM ENT
10
NET INCREASE IN F I N A N . ASSET 11
4,195
NET INCREASE IN L I A B I L I T I E S
12
8,955
C R E O I T MKT INSTRUMENTS
13
11,537
SECURITIES
14
7 ,500
HOME MORTGAGES
15
-1 4 0
3 ,2 41
OTHER MORTGAGFS
16
-2 ,1 7 9
BANK LOANS N # E . C .
17
OTHER LOANS
1«
3*1 15
TRADE DEBT
19
-2 ,6 6 0
78
OTHER L I A B I L I T I E S
20
1 ,495
2 , 132
505
3 ,669
2 .3 87
-333
49
2 ,1 98
1,043
2 ,001
1 ,619
3 .5 67
-6 0 6
TAXES
75 DISCREPA NCY
75
21
FARM BUS IN ES S
3,603
-3 9 4
1,378
1,313
65
984
3 ,7 95
939
1 .496
1 ,4 2 3
73
2 .4 35
3 ,5 98
-444
1» 521
1 .4 5 0
71
1 .077
3 ,9 58
1 .1 4 1
1 .583
1 ,5 2 1
62
2 .724
4 .0 42
-5 6 7
1.614
1.550
64
1.0 47
4.1 41
491
1.6 87
1 .6 14
73
2 .1 78
4 ,161
1 .2 9 2
1 .722
1.645
77
3 .014
4 ,241
-3 7 6
1 .7 5 2
1 ,6 72
80
1*376
>126
>181
>783
>698
85
602
4 ,0 26
485
1,812
1 ,7 24
88
2,2 97
3,8 37
1 ,1 7 2
1 ,8 4 3
1 ,7 5 0
93
3,015
3,685
-546
1*873
1 ,7 76
97
1*327
7
8
9
10
11
984
1 ,8 81
1 ,724
140
17
2 .435
I »72 9
1 ,2 2 6
143
360
1.077
i,8 3 C
1 ,6 5 1
141
38
2 .724
1 ,300
1 ,1 60
133
7
1 .047
1 .758
1 ,593
136
29
2.178
1 .4 0 1
1 ,1 25
147
129
3.014
1,5 74
1.238
151
185
1 ,376
1,900
1 .576
151
173
60 2
>741
>465
151
125
2 ,297
1 ,4 15
1,1 39
151
125
3 ,0 15
1 ,345
1,049
151
145
GROSS I N V F S P ' F N r
1*327
C A P I T A L tX P F N D l T U R F S
1*847
PLANT AND EQUIPMENT
1 ,6 4 6
R E S I D E N T I A L CO N ST RU C TIO N
151 .
CHANGE IN IN V E N TO R I E S
50
12
13
14
15
16
17
-897
78
19
59
49
10
706
83
19
64
55
9
-753
117
44
73
63
10
1,424
179
44
135
78
57
-711
132
33
99
87
12
777
128
20
108
100
8
1,4 40
130
24
106
97
9
-524
131
27
104
96
8
>139
140
30
110
96
14
882
133
27
106
96
10
1,670
146
31
115
96
19
-520
134
29
105
96
9
18
19
20
21
22
23
24
975
1.178
433
300
445
200
245
-623
353
519
0
-1 6 6
-5 4
-112
870
1,059
572
300
187
-1 6
203
-1 ,2 4 5
-7 1
342
-200
-2 1 3
-2 6
-1 8 7
843
1 ,3 0 9
533
400
376
109
267
-6 4 9
479
4 19
48
12
38
-2 6
- I , 310
-251
257
-272
-2 3 6
-182
-5 4
655
1 ,133
371
272
490
121
369
>279
>630
516
633
481
28
453
-749
457
476
167
-1 8 6
-8 7
-9 9
-1 ,5 2 4
19
416
-2 5 9
-1 3 8
-1 1 4
-2 4
654
1,540
497
459
584
178
406
N ET INCREASE IN L I A B I L I T I E S
C R E D I T MARKET IN STRUMENTS
MORTGAGES
BANK LOANS N . E . C .
OTHER LOANS
U .S .G O V T,
F IC B + B K S FOR COOPS
18
19
20
21
22
23
24
25
24
506
-709
-349
— 627
429
-618
-4 6 6
-708
439
-905
-234
-894
-2 9 4
-7 6 5
466
-9 4 4
648
*999
-202
-1 ,0 0 4
-652
-891
345
-1 ,2 3 1
TRAOE DEBT
PR OPRIETOR NET IN V EST ME NT
25
26
(21
SHARES
NET INCOME
NET SAVING ( I I
C A P I T A L CONSUMPTION
NONCORPORATE
CORPORATE
CURRENT SURP. = GROSS
1
2
3
4
5
SAVING
NET F I N A N . INVEST MENT
N E T . I N C R . I N F I N A N . ASSETS
DEMAND DEP . AND CURRENCY
MIS CEL LAN EOU S A S SET S
INSURANCE RECFTV ARL FS
F O U I T Y IN S P H N . A G S . (21
h
9
9
10
11
12
13
14
15
16
17
( I ) CORPORATE R E T A IN E D P R O F I T S .
IN F I C B ' S * BANKS FOR CO OPS , ANO LAND BANKS.
NONFARM NONCORPORATE BU SI NE SS
1
13,840
14,224
14*416
14,589
14*7 77
15,099
15*053
15*111
1 5 ,2 7 7
15*392
15,521
15*580
2
3
2,773
3 ,796
2 ,8 49
4 , 305
2,891
4 ,573
3.0 38
3 ,803
3.0 72
3 .292
3 ,138
1 ,402
3*176
6*5 58
3*222
3*281
3 ,2 7 2
2,877
3*326
2*7 54
3 ,3 10
3 ,850
3*3 55
4*4 26
C A P I T A L CONSUMPTION
CURRENT SURP. * GROSS SAVING
4
5
4
7
•
9
10
3 ,7 96
3 ,5 57
3,021
2 ,261
1,2 10
-4 5 0
534
4 ,3 05
3,420
3,5 84
2,371
1,263
-5 0
-1 6 4
4 ,5 73
3 ,6 3 9
3 ,1 74
2 ,3 46
1,423
-5 9 5
465
3 ,803
4,0 65
4 ,0 7 6
2 ,5 36
1,658
-1 1 8
-11
3 .2 92
4 .277
3 .6 24
2,4 66
1,7 57
-5 9 9
653
1 ,402
4,8 14
4,5 55
2,6 06
1,6 74
2 75
259
6*5 58
3 *90 8
4*1 86
2*7 28
1,837
-379
-278
3,281
3,9 34
3 ,6 30
2,5 39
1 ,733
-642
304
2*877
5*243
4*885
2*6 47
1*977
261
358
2*7 54
4*801
4 ,8 7 9
2,600
1 ,6 78
601
-7 8
3 ,8 5 0
4 ,047
4,430
2 ,588
1,8 87
-45
-3 8 3
4 *42 6
4*9 50
4 *26 8
2*418
1*938
-88
682
GROSS INVE ST MEN T
C A P I T A L EXPE ND ITU RES
FIXED CAPITAL
PLANT ♦ EQUIPMENT
M U LTI-FAM ILY
RFSIO.
HOME CO N ST RU C TIO N
CHANGE IN IN V EN TO R IE S
11
12
13
14
15
14
17
2 39
-1 4 9
0
-247
98
95
3
885
768
0
667
101
98
3
934
-2 4
0
-1 3 5
111
109
2
-2 6 2
933
0
798
135
133
2
-985
-7 7
0
-2 2 9
152
149
3
-3 ,4 1 2
43
0
-132
175
173
2
2*650
976
0
801
175
171
4
-6 5 3
-137
0
-313
176
171
5
-2 * 3 6 6
304
0
123
181
175
6
-2 ,0 4 7
4
0
-1 7 4
178
176
2
-1 9 7
992
0
814
178
176
2
-524
12
0
-170
182
178
4
It
1*
20
21
22
23
-388
345
291
-3 6 0
607
44
-117
1,9 14
84 5
-4 0
785
100
-958
371
12 0
-4 7 6
500
96
1.195
2 .5 5 6
1 .017
-9 4
935
176
908
1.124
366
-479
755
90
3,4 55
1 ,8 8 1
1,292
220
962
110
-1 * 6 7 4
2*1 40
719
-3 0 3
905
117
516
61 4
599
-5 1 4
1,050
63
2*670
1*825
1 ,3 4 0
209
1*052
79
2,051
1,632
1,628
481
1,0 35
112
1 ,189
2 ,1 53
1 ,264
-3 6
1*151
149
536
1*246
1*006
-7 0
9 59
117
24
25
-1 1 6
170
398
671
-6 7
318
898
641
193
565
505
84
542
879
-287
302
330
155
1
3
201
688
-5 7
297
24
27
-4 5 0
-2 8 3
-1 ,8 1 2
-219
-1 ,2 6 6
-6 3
-1 *458
97
-1 7 4
-4 2
1*563
11
-4*116
302
-4 6 8
370
463
382
57
362
-1*338
374
-1*018
308
NET
INCOME
I
2
3
4
5
6
7
8
9
10
NET F I N A N C I A L I N V E S T .
11
N ET A C Q U I S . OF F I N A N . AS SET 12
OEMANO D EP. ♦ CURRENCY
13
CONSUMER C R E O I T
14
MISCELL ANE OUS AS SET S
15
16
INSURANCE RE C EI V A BL ES
E Q U I T Y IN SPON. AGS.
17
NET IN CREASE IN L I A B I L I T I E S
C R E D I T MARKET INSTRUMENTS
MORTGAGES
HOME MORTGAGES
M ULTI-FA M ILY
COMMERCIAL
BANK LOANS N . E . C .
OTHER LOANS
18
19
20
21
22
23
24
25
TRADE D E B T , NET
26
PROPRIETOR NET INV ESTMENT 27
4 HAY 1971
CORPORATE BU SI N ESS
CORPORATE BUSINESS
SECTOR S TA TEM EN TS OF SAVI NG ANO IN V ES T ME NT
( M I L L I O N S OF DOLLARS)
U N ADJ US TED QUARTERLY FLOWS
UN AD JU S TE D QUARTERLY FLOWS
I V /68
1/69
I
I
1969
III
IV
N O N F IN A N C IA L CORPORATE
|
|
I
I
1970
I
II
III
1971
I
BUSINESS
1
2
3
4
5
1
2
3
4
5
6
7
8
15,393
6 ,5 8 9
4,461
4,3 43
464
-1 2 3
1 0, 04 1
14,725
17,944
7 ,6 70
5 ,308
4,9 66
696
-7 0 9
10,709
15,662
17,182
8 ,093
4,741
4 ,3 48
525
-1 ,4 9 1
10,933
14,315
19,769
9,2 99
6 ,0 97
4,3 73
755
-9 4 2
11,426
15,612
18,159
8,757
5,0 47
4,3 55
673
-1 ,5 4 2
11,709
15,195
17,765
8,5 77
5 ,103
4,0 85
666
-7 2 3
12,085
16,113
18,770
9,0 53
6 ,3 37
3,380
849
-1 ,54 4
12,286
14,971
15,439
7 ,335
5 ,214
2,890
815
-1 ,5 9 6
12,523
14,632
17,193
8,160
5,201
3,8 32
669
-1 ,40 3
12,770
15,868
15,693
7,463
5,117
3,1 13
733
-1 ,14 2
12,993
15,697
15,249
7,254
6 , 166
1 ,8 2 9
1 ,0 2 5
-686
13, 246
15,414
14,985
6 ,9 21
5,400
2 ,6 62
951
-1 ,0 4 5
13,518
16,086
P R O F I T S BEFORE TAX
- P R O F IT S TAX ACCRUALS
- NET D IV ID E N D S PAID
♦ U N D I S T R I B U T E D P R O F IT S
♦ F G N . BRANCH PR O F IT S
♦ I N V . V A LU A T IO N A D J .
♦ C A P I T A L CONSUMPTION A L L .
= GROSS IN TER NAL FUNDS
9
10
11
12
13
14
13,230
17, 88 1
13,992
14,304
-3 1 2
3 ,8 89
13,530
18,242
16,716
16,375
341
1, 526
13,810
16,954
15,070
15,512
-442
1,884
11,943
20,244
1 8,534
18,128
406
1,710
13,576
19,804
16,739
16,995
-256
3 , C65
12,546
22,344
21,032
19,751
1 ,2 8 1
1 ,3 1 2
12,584
21 ,5 3 6
20,637
20,239
398
899
14,965
19,182
17,650
18,369
-7 1 9
1,532
15,819
22,503
22,252
20,731
1 ,5 2 1
251
13,499
22,272
22,072
20,297
1,775
200
14,371
21,659
20,962
20,325
637
697
16,011
19,727
18,249
18,852
-603
1 ,478
GROSS IN VES TM ENT ( 1 0 ♦ 15 )
C A P I T A L EX PE N D ITU RE S
F I X E D IN V FS T M F NT
PLA NT AND EQUIPMENT
R E S I D E N T I A L CON STR UC TION
CHANGE IN IN V E N T O R I E S
9
10
11
12
11
14
15
16
-4 ,6 5 1
-1 ,8 8 4
-4 ,7 1 2
9,454
-3 ,1 4 4
3,203
-8 ,3 0 1
7,167
-6 ,2 2 8
4 ,9 73
-9 ,7 9 8
7 ,409
-8 ,9 5 2
8 ,6 49
-4 ,2 1 7
5,550
-6,684
6 ,106
-8 ,7 7 3
3 ,972
-7 ,2 8 8
5 ,7 5 8
-3 ,7 1 6
4 ,049
NET F I N A N C I A L INVE ST MEN T
NET A C Q U I S . OF F I N A N . ASSET
15
16
17
18
19
20
21
22
-2 ,7 6 7
-4 ,32 6
2,209
-1 ,12 3
1 ,8 0 0
-1 ,3 2 7
6 , 132
2 ,635
725
1,716
362
694
1,1 90
-1 ,5 3 2
-1 8 7
2 ,3 89
930
-4 1 0
2 ,9 96
388
981
1,096
350
181
-2 ,8 0 4
-3 ,6 2 4
-3 ,5 9 8
1, 789
1,397
1 ,2 3 2
-1 ,3 1 8
-1 ,06 7
-2 ,7 5 6
-1 ,2 1 9
3,1 28
596
6 ,918
4,280
-1 ,0 6 0
240
1,736
1 ,7 2 2
309
-4 ,5 7 6
115
-2 7 6
5,367
-3 2 1
3 ,697
1 ,0 9 4
1,5 27
-1 ,8 7 9
1 ,5 97
1,358
508
1,573
8,0 63
-1 ,4 4 0
-7 ,1 9 0
-4 9 8
5,597
2, 123
3 ,0 5 1
441
-8 6 2
844
1 ,184
-2 ,4 0 4
754
1,976
-166
1,024
L I Q U I D ASSETS
DEMAND DEP . AND CURR.
T IM E D E P O S IT S
U . S . GO V T. S E C U R I T I E S
O P E N - M K T . PAPER
S TA TE AND LOCAL O B L I G .
23
24
25
26
27
28
29
30
-1 ,4 1 7
906
1 ,3 9 4
811
30
159
1
393
1,760
974
588
1 ,003
-2 9
169
6
-5 6 1
-1 ,4 6 6
2,512
967
86
9
182
7
683
2 ,1 45
1,850
176
163
-21
228
4
-198
-1 ,5 6 1
4,591
4 ,747
591
-6 4
258
9
3,9 53
246
6,744
1 ,737
682
-7 5
303
22
805
2,098
906
-1 ,27 3
-254
-215
296
22
- 1,12 2
-1 ,74 1
4,4 49
2,5 33
1 ,336
-43
294
20
926
534
2,098
-2 2 3
1 ,317
17
298
17
-1,872
303
2,522
639
581
11
299
13
-2 6 5
2 ,3 2 1
-2 ,8 8 1
721
-108
-179
296
61
651
-1 ,8 1 0
773
3,902
771
-25
299
2
2,855
CONSUMER C R E D IT
23
TRADE C R E D I T
24
MIS CELLANEOUS ASSE TS
25
FGN D IR E C T IN VES TM ENT 1 ' 26
FGN . CU RRENCIES
27
INSURANCE R E C EI V A BL ES
28
EO. IN F E D . SPON. AG.
29
OTHER
31
32
2 , 767
5 ,192
14,166
9 ,4 30
6 , 347
3 ,993
15,468
10,308
11,2 0 1
7 ,0 55
17,207
7 ,587
17,601
11,600
9,7 67
6,548
12 ,7 9 0
13,923
12,745
6,649
1 3,046
1 1,548
7 ,765
8,751
NFT INCRFASF IN L I A R I L I t i F i> 12
C R E D IT MKT. INSTRUMENTS
32
33
34
35
36
37
38
3 ,143
237
146
-3 6 0
107
399
3,387
906
1 ,1 6 1
-4 0
300
901
2,602
324
555
-476
167
864
3,4 62
-5 5 6
1 ,667
-9 4
178
1,583
3,4 37
25
492
-479
162
809
2,788
1,407
1,4 18
220
212
986
2 ,544
2 ,2 76
1 ,3 9 1
-303
637
1,057
3,2 76
1,579
36
-5 1 4
-1 3
563
5,8 26
1 ,5 4 8
1,222
209
298
715
5 ,360
1 ,2 51
1 ,963
481
473
1 ,0 0 9
5 ,7 99
2,391
2 ,009
-3 6
708
1,3 37
6 ,10 0
1 ,4 0 0
1 ,5 9 8
-7 0
614
1,054
CORPORATE BONDS!/
CORPORATE STOCK
MORTGAGES
HOME MORTGAGES
M ULTI-FA M ILY
COMMERCIAL
33
34
35
36
37
38
39
40
41
42
124
1 ,0 6 1
402
79
3,9 25
-1 8 7
159
79
-9 8 4
468
942
86
5 ,7 17
-3 8 8
381
25
1,142
1,588
336
35
31
929
1,0 03
11
4,648
-4 6 6
1 ,165
42
-8 0 4
1 ,749
651
61
4,229
-5 4
1,065
87
-2 ,75 1
650
123
53
533
217
507
92
-2 ,5 8 1
1,0 89
1,1 04
41
RANK LOANS N . E . C .
OPEN- MKT PAPFR
FI NAN CE C O. LOANS
U . S . G O V T . LOANS
39
40
41
42
43
44
45
-1 ,4 1 5
-1 ,9 7 2
962
1 ,5 6 8
1,842
1 ,3 26
2 ,167
-593
780
1 ,9 02
2,371
887
2,3 70
1,352
424
686
8,268
6 66
611
4 ,9 53
437
1,358
43
1 ,818
-2 ,85 2
951
768
1,495
4,3 20
281
1 ,0 6 0
163
275
2,653
-1 ,9 8 7
-1 ,6 5 2
46
47
48
1,495
2 ,878
8,118
2 ,1 32
-868
5,171
505
3 ,1 0 5
5,332
3 ,669
-521
6 ,7 5 0
1,619
3 ,239
7 ,2 25
3,567
-1 ,5 2 4
7,356
2 ,387
-4 ,0 4 7
6,761
-3 3 3
4 ,406
6 ,2 71
49
1,147
11,869
2 , 198
-1 ,79 8
5,813
1,0 43
-3 ,0 4 4
5,494
75
2,760
4,543
49
42,805
50 1 2 1 , 4 3 2
29,036
51
42,744
1 16,472
51,693
47,101
1 18,435
23,551
47,038
129,669
50,918
48,224
48,280
48,231
1 3 0 ,3 3 2 1 3 8 , 6 7 0 1 4 3 ,8 5 1
33,955
53,863
35,624
47,509
1 31 ,0 9 6
34,136
47,461
141,813
61,871
47,556
47,570
1 41 , 886 1 4 0 ,5 1 5
29,853
53,317
46,186
122 ,6 3 4
44,360
_[/
P R O F IT TAX L I A B I L I T Y
TRADE DEBT
MISC ELL ANE OUS L I A B I L I T I E S
DISCR EPA NCY
MEMO- NET TRADE C R E D I T
P R O F I T S TAX PAYMENTS
PER CEN T R A T I O S :
E F F E C T I V E TAX RATE
C A P . O U T L A Y S / I N T . FUNDS
C R . M K T . BORR OWI NG/ CAP .EXP .
Line 33 excludes new issues sold abroad, and line 26 excludes direct investment financed by foreign security
flotations.
h
7
«
I7
18
19
20
21
22
43
44
45
46
47
48
49
50
51
4 MAY 1971
GOVERNMENTS
GOVERNMENTS
6
SECTOR S TA TEM EN TS OF SAVING AND IN V ES TM EN T
( M I L L I O N S OF DOLLARS)
U N AD JU S TE D QUARTERLY FLOWS
1/67
IV / 6 7
1/68
6
,
U N AD JU ST ED QUARTERLY FLOWS
I V /68
|
196 9
1 III
1/69
STATF
IV
|
|
1970
I
AND LOCAL GOVERNMENTS -
II
III
IV
I
1
1971
I
GENERAL FUNOS
26,074
8,969
31,301
3, 112
630
1,458
-828
TAX R E C E I P T S
SOC . I N S •+ GRANTS RECD.
PURCH.OF GOODS + S ERV IC ES
N ET I N T E R E S T ♦ TRANSFERS PAID
N E T SURPLUS, NIA BA S IS
L E S S - R E T I R E M F N T CR . TO HH.
EQU AL S-G ROS S SAVING
1
2
3
4
5
6
7
16,462
4,947
20,337
1 ,3 3 9
-267
681
-948
21,093
5,8 59
23,216
1,528
2,208
1 ,2 3 4
974
18* 796
5*601
22*8 92
1 ,609
-1 0 4
976
-1 ,0 8 0
23*116
6*419
26*023
1*782
1,730
1 ,2 47
483
21* 177
6*439
25,627
1*901
88
968
-8 8 0
21,68 8
6* 8 8 6
28,959
2,052
-2*437
1*188
-3*625
24* 850
7,331
28,359
2 ,1 78
1,644
699
945
23* 806
7*53 3
2 8* 067
2 ,3 67
905
1 ,2 9 1
-3 8 6
25,648
8,3 40
30,111
2 ,5 0 0
1 ,3 7 7
2,369
-992
23*941
8*00 0
3 1* 727
2*651
-2 ,4 3 7
1 ,4 2 2
-3 ,8 5 9
26,832
8 ,4 93
30,958
2,877
1,490
1 ,4 7 2
18
8
9
10
11
12
13
14
15
16
17
18
19
20
21
-2 3 6
1 ,3 8 8
1 ,0 5 0
-4 8 8
1 ,5 3 8
2C 8
-1 6 7
-161
-6
8
367
365
2
130
581
2,461
1 ,2 3 4
800
434
1 ,095
700
249
451
-2
397
375
22
132
40
1,6 70
395
-93
488
7 39
688
399
289
-4 0
91
77
14
536
-3 6
3,5 32
3*097
1,419
1*678
335
775
513
262
22
-4 6 2
- 4 72
10
100
-1 5
3*0 53
-2 0 7
627
-8 3 4
2*868
1*637
1 ,363
274
24
1,2 07
1 ,2 0 4
3
392
-2 ,93 2
-1 * 47 6
-3 ,3 3 0
-2 12
-3 ,1 1 8
1,818
1*587
744
843
38
193
198
-5
36
646
1,841
1*161
1 ,5 1 3
-3 5 2
552
205
-1 5 0
355
150
197
202
-5
128
163
2,203
1*712
-2
1*714
273
168
100
68
45
60
61
-1
218
-1 ,6 6 2
1 ,8 2 0
3*025
811
2 *2 14
-1 * 27 2
-1*436
-800
-6 3 6
170
-6
-5
-I
67
-2 ,8 4 4
-4 3 3
1,609
-1 ,1 3 9
2,748
-2*019
-1*810
-1 ,42 5
-385
63
-2 7 2
-272
0
-2 3
-7 4 1
4 ,0 78
4,796
1 ,5 4 3
3 ,2 53
-7 9 8
-9 4 5
-9 5 0
5
134
13
12
1
80
- 1 1 3 NET F I N A N C I A L IN VES T MEN T
NET ACQ .OF F I N A N . A S S E T S
6 , 142
TO T A L D E P O S IT S + CURRENCY
868
CURR. AND DEMAND 0F P O S I T
621
TIM E D E P O S IT S
247
5,074
C R E D I T MKT. INSTRUMENTS
5 ,0 69
U .S .G O V T .S E C U R IT IE S
D IR E C T
5, 187
U . S . G . AGENCY SEC.
-1 1 8
25
S TA TF + LOCAL SE C.
OTHER C R .M K T .I N S T R U M E N T S
-20
CORPORATE BONDS
-22
HOME MORTGAGES
2
200
TAX R EC EI V A B L ES
22
23
24
25
26
27
28
1*624
1 ,4 7 8
1,468
-110
1 ,5 7 8
10
146
1*880
1,725
1*716
174
1,5 42
9
155
1 ,630
1,475
1*418
74
1*344
57
155
3*5 68
3,4 2 5
3*3 1 0
41
3*2 69
115
143
3*068
2 ,9 37
2,8 00
863
1*937
137
131
1*456
1 .3 4 1
1*275
774
501
66
115
1*195
1*074
956
373
583
118
121
2*040
1*915
1*781
553
1*228
134
125
3*482
3,3 56
3,307
1 ,2 5 2
2 ,0 55
49
126
2*4 11
2*2 8 4
2,0 90
509
1*581
194
127
4*819
4,690
4*640
1, 510
3,1 30
50
129
6 ,255
6 ,1 25
6*041
1,663
4*378
84
130
29
-712
393
- 1,12 0
519
-8 6 5
-693
299
-5 4 9
670
-1 * 01 5
759
-7 1 5
EMPLOYEE■ R ETI R EM EN T
U.S .
29
DISCREPANCY
ARE
IN
INSURANCE
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28'
N ET I N C R . I N L I A B I L I T I E S
C R E D I T MK T. BORROWING
ST AT E ♦ LOCAL O B L I G .
SH ORT-TERM
OTHER
U . S . G O V T . LOANS
TRADE DEBT
FUNOS
I
2
3
4
5
6
7
SECTOR.
GOVERNMENT
1
2
3
4
5
I
2
3
4
5
37,385
16,155
7,2 30
3 ,642
10,358
34,734
15,132
8*2 94
4*453
6,8 55
40,503
16*440
8*751
4*09 4
11* 218
41,712
18,777
10*010
4*8 20
8*1 05
47* 1 12
20*308
9*474
4*382
12*948
48*632
23*552
9*445
4 ,804
10 ,8 3 1
47,402
2 3* 418
9*941
4,9 86
9,057
45 *6 86
18*914
8*3 14
4*60 6
13,852
57*023
28,557
9*119
5,001
14,346
4 7* 1 21
2 2* 107
8*5 50
4,972
11*492
44,981
22,057
8,3 63
4,994
9,567
46,367
17,8107,904
4 ,9 99
15,654
T OT A L R E C E I P T S , N IA BA S IS
PERSONAL TAXES
CORP. P R O F IT S TAX ACCRUALS
I N D I R E C T TAXES
INSURANCE R E C E IP T S
6
7
8
9
10
11
12
13
39,266
21,542
7,246
2 ,6 00
7,8 78
-1 ,8 8 1
-2 8
-1 ,8 5 3
42*668
24,357
7 ,620
2, 592
8 ,099
-7 ,9 3 4
230
-8 *164
42*010
23,049
7*463
2,830
8,668
-1 ,5 0 7
44
-1 ,55 1
47,196
26,646
7,794
3, 130
9,6 26
-5 * 4 8 4
34
-5 * 51 8
45* 952
24* 492
8*48 0
3 *2 20
9*760
1*160
138
1*022
50,152
25,979
10,935
3,250
9,9 88
-1 * 52 0
327
-1 * 8 4 7
48,536
25,981
8 ,810
3*481
10*264
-1 * 1 3 4
-1 6
-1 *118
47*951
24* 4 89
9,319
3*640
10*503
-2 * 2 6 5
57
-2 * 3 2 2
52,544
25,106
1 1 ,1 6 0
3,542
12*736
4*479
1*745
2 ,734
54* 128
25* 2 00
13,156
3*639
12*133
-7 * 0 0 7
157
-7 * 1 6 4
51*672
24*892
10*204
3*683
12,893
-6*691
501
-7 ,1 9 2
51,883
23* 130
12*029
3,6 73
13*051
-5 ,5 1 6
227
-5*743
T O T A L EX P E N D IT U R E S , NIA BAS IS
GOODS AND SE RVICES
GRANTS AND DONAT I ONS
N E T IN T E R E S T
INSURANCE B E N E F I T S
NET SU RPLUS, NIA B A S IS
L E S S -I N S U R A N C E C R E D I T S TO HH
EQU AL S-G ROS S SAVING
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
-1*637
1*332
644
2*153
412
225
1*516
-7 * 8 7 6
2*6 24
-1 * 0 4 4
606
-7 5
302
379
-1 * 31 3
4 *66 6
-210
1*4 87
-1 5
347
1*155
-5 ,5 9 0
-1 * 5 1 6
-4 * 7 8 3
639
-2 4 1
203
677
3*001
3*3 14
774
738
-2 8 1
132
887
38
3*543
628
909
-208
208
909
-3 * 46 6
1*577
-1 *493
550
-250
232
568
642
3*267
1 ,5 2 5
1,10 0
16
100
984
1,935
-2 * 8 4 9
1*340
807
-3
69
741
-5 * 1 5 1
2*8 09
436
846
28
78
740
-8 * 8 9 7
1*157
-7 6 6
460
-141
104
497
-2 ,8 3 5
-6 5 5
-3 ,2 5 5
607
0
-68
675
14
15
16
17
18
19
20
21
22
-1 *227
-2 3 8
2*38 7
675
2*5 25
864
2*371
257
1*543
259
1*485
521
2*1 25
395
1*476
-8 3 4
-4 *369
-6 2 7
2*061
-5 3 4
1,7 94
-3 3 1
2 ,6 12
-6 1 9
NET F I N A N . IN VES T ME NT
N ET A C Q U I S . OF F I N A N . ASSET
DEMAND D E P O S IT S ♦ CURRENC
C R E D I T MARKET IN STRUM ENTS
AGENCY S E C U R I T I E S
MORTGAGES
OTHER LOANS
EXCESS OF TAX ACCRUALS
OVER R E C E IP T S
OTHER F I N A N C I A L AS SE TS
21
22
23
24
25
26
27
28
29
2*969
2 *5 07
207
849
1*451
-2 8
490
10*500
10*182
339
8*600
1*243
230
88
5*979
5*5 70
-5 2
5 *2 83
339
44
365
4*0 74
3*64 7
163
2*650
834
34
393
313
296
-i l l
199
208
138
-121
3 *5 05
3 *17 2
-1 9 0
5*038
-1 * 67 6
327
6
5*043
5*061
14
5*414
-3 6 7
-1 6
-2
2*625
2*3 36
-2 2 7
2*683
-12 0
57
232
-4 ,7 8 4
-6 ,400
-48
-5 ,8 4 2
-510
1*745
-1 2 9
7*960
7 ,6 33
131
7*314
188
157
170
10*054
9*243
425
8*450
368
501
310
2*180
85
190
616
-7 2 1
227
1*868
N E T INCREASE IN L I A B I L I T I E S
U . S . GO V T . S E C U R I T I E S
SAVIN GS BONOS
D IR E C T E X C . SVG S. BDS.
BUDGET AGENCY SEC.
L I F E + R E T I R E M E N T RESERVES
OTHER L I A B I L I T I E S
23
24
25
26
27
28
29
30
31
-216
8*4 57
-2 8 8
5*907
-2 3 8
6 ,226
72
7* 63 9
-1 * 9 7 9
7*931
-1 * 8 8 5
7*960
2*34 8
7*816
-2 * 96 4
6*8 38
799
13,488
-2 * 01 3
6 ,489
1*705
6,569
-2 * 90 8
5*292
23
23
23
F ED ER AL LY
1
22
16
19
28
26
SPONSOREO C R E D IT
23
23
DISCRE PAN CY ( 1 3 - 1 4 )
MEMO- CORP. TAX R E C E I P T S ,
AGENC IES
23
23 CURRENT SURPLUS
2
3
4
5
4
7
8
9
10
-242
-9 5
969
205
173
-1 * 4 4 2
73
245
-1 * 7 6 0
677
640
-3 1 8
531
153
274
122
-112
264
1*112
1*171
166
643
184
178
92
203
-1 1 7
519
501
-2 8
323
62
144
98
-187
233
915
1*012
-126
522
191
425
86
267
72
2*497
2*341
-4 2 1
1*151
119
1*492
-9
-2 6
1*527
3*3 78
3*427
223
1*724
38
1*442
147
-5 4
1*349
3*90 8
3*525
924
1*549
119
933
108
369
456
2*055
2*048
-1 2 6
1*159
162
853
-9 1
453
491
1*850
1 ,4 8 1
-7 2
1*149
106
298
108
-9 9
289
2*530
2*331
997
1 ,009
86
239
173
-2 4
90
- 2 4 NET INCR EASE IN AS SE TS
C R E D IT MKT. INTRUMENTS
-4 2
2 75
U .S .G O V T . SEC.
-8 1
R E S I D E N T I A L MORTGAGES
FARM MORTGAGES
160
-3 9 6
OTHER LOANS
123
TO COOPS (B C )
406
TO FARMERS ( F I C B )
-9 2 5
TO S ♦ L ' S ( F H L B )
11
12
13
14
15
16
-2 6 5
-693
-6 4 6
-4 7
428
-1
670
479
940
-4 6 1
191
9
1*078
1*138
1*112
26
*60
-1 5
484
557
568
-11
-7 3
-7
878
866
1* 149
-2 8 3
12
-11
2*591
2 *69 7
2*6 97
0
-1 0 6
117
3*257
2*889
2*8 8 9
0
368
-98
3*885
3*633
3 ,6 33
0
252
0
2 ,072
1*544
1*544
0
528
40
1,845
1,593
1,593
0
252
18
2,524
1*464
1*464
0
1*060
17
- 6 0 NET INCREASE IN L I A B I L I T I E S
-1 * 0 8 6
C R E D I T MKT. I N S T R .
-1 ,0 8 6
AGENCY S E C U R I T I E S
U . S . G O V T . LOANS
0
1,026
m iscellaneous l i a b i l i t i e s
- 1 3 DISCREPA NCY
30
NET 31
T H I S GROUP C O N SI S T S OF FEDERAL HOME LOAN BANKS* FEDERAL N AT IO NAL MORTGAGE
A S SO C IA T IO N * FEDERAL IN T E R M E D IA T E C R E D IT BANKS, BANKS FOR C O O P E R A T IV E S ,
AND FEDERAL LAND BANKS*
T H ES E A GEN CI ES ARE P R IV A T E L Y OWNED AND ARE
EXCLUDED FROM U . S . GOVERNMENT BUDGET ACCOUNTS AS OF 1969 AND FROM
U . S . GOVERNMENT F IG U R ES IN T HE S E ACCOUNTS FOR ALL YE AR S.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
4 MAY 1971
B ANKI NG SYSTEM
RANKING SYSTEM
SECTOR S TA TEM EN TS OF SA VI N G AND
(M I L L I O N S OF DOLLARS)
UN AO JU ST ED
—
7
INVE ST MEN T
U N ADJ US TED QUARTERLY FLOWS
QUARTERLY FLOWS
II
IV
III
I
1
1971
I
I V / 68
1 /69
8
3
7
9
10
11
12
13
14
13
12
2 , 6*0
784
71
2 ,3 5 7
-202
-3 7 0
-3 4 2
-1 ,5 2 4
-2
-10 1
-1 ,8 8 5
960
-4 9 6
-5 3 2
884
499
47
424
-121
35
39
3,5 43
-3 6 8
65
1,5 44
-7 4 5
3*0 47
3,0 20
-8 2 7
203
463
-6 1 3
461
-1*341
-1 ,3 6 9
1 ,057
-4 8 8
75
-2 6 5
-2 2 4
1,9 59
1 ,929
2,252
-2 4 6
88
-2 4 9
433
2,226
2,261
2,8 05
-837
75
1 ,948
— 518
2, 137
2,167
286
-2 3 5
114
-1 ,7 4 8
56
2,099
2,0 18
274
1 ,7 4 5
172
IV / 6 7
7
| III
IV
1/68
1/67
1
I
MONETARY A U T H O R I T I E S
1
*
2
3
4
5
6
7
8
-1 ,2 6 2
-7 7 0
172
-1 ,07 6
-1 4 1
553
626
2,873
-210
43
769
67
2 ,2 04
2,1 96
-1 * 2 2 4
-1 *557
163
-866
516
520
579
9
10
11
-1 ,26 9
-6 4 6
-728
2 ,865
406
1,054
-1 ,2 2 7
41
-933
2 ,6 3 3
521
1,1 19
-1 ,5 3 3
-2 5 0
-1 ,3 1 0
874
895
454
3 ,532
382
608
-8 3 9
410
-401
1 ,044
-5 0 4
171
2 ,238
1,947
170
2 ,7 9 2
212
-2 3 2
12
13
14
15
551
-2 4
-3 2 2
-100
226
10
1, 141
28
-802
88
4
375
-3 5 3
16
1,4 63
-1 3 3
12
-46
-1 3 7
198
-2 4 8
-1 5
-5 4
-158
326
-2 7
I ,9 4 1
302
-2 11
85
-7 8 3
61
-3 1 4
-5 2
1 ,479
264
241
-4 5
271
-3 4 6
-98
-19
2,533
396
CURRENT
SURPLUS
1
NET ACQ. OF F I N A N . AS SE TS
GOLD AND FO REIGN EXCHANGE
TREASURY CURR. «■ SDR C T F S .
F . R . FLOAT
F . R . LOANS TO DOMESTIC RANK
C R E D I T MKT. INSTRUMENTS
U . S . GOVT. SECUR ITIES
2
3
4
5
6
7
9
NET INCREASE IN L I A B I L I T I E S
MEMBER BANK RESERVFS
VAULT CASH OF COML. BANKS
DEMAND D E P O S IT S AND C U R R E N C Y
DUE TO U . S . GOVERNMENT
-2 4 8
DUE TO RES T OF THE WORLD
58
CURRENCY O U T S ID E BANKS
-9 7 1
OTHER
-482
9
10
11
12
13
14
15
COMMERCIAL BANKS
I.
10
11
12
13
14
COMBINED STA TEM EN T
FOR COMMERCIAL BANKS
AND A F F I L I A T E S
CURRENT SURPLUS
PLANT ♦ EQUIPMENT
1
2
NET ACQ. OF F I N A N . ASSETS
T OT A L BANK C R E D I T
C R E D I T MARKET IN STRUMENTS
U . S . GOVT S E C U R I T I E S
DIRECT
AGENCY IS SU ES
LOAN P A R T I C . C T F S .
3
4
5
6
7
8
9
566
159
597
30
710
152
679
170
741
250
824
265
741
266
741
255
755
258
831
260
727
300
743
300
-537
1,267
1*697
1 ,0 6 8
624
-5 6 2
1,006
18,782
16,123
1 4, 91 2
3 ,797
2,614
302
881
-4 ,5 1 7
-3 ,6 5 4
-1 ,7 1 0
-1 * 4 8 9
-1 ,7 8 3
205
89
2 1 v 533
18,678
19,531
3,2 02
2,471
546
185
-5 ,75 6
-6 ,3 9 9
-3 ,68 2
-5 ,4 2 9
-5 ,0 7 6
-2 6 0
-9 3
-7 6
-2 * 3 1 5
-9 3 6
-1*352
-6 0 8
291
-1 ,0 3 5
13,308
14,066
12,348
2 ,8 69
2,058
1,030
-2 1 9
-1 ,6 0 9
-6 ,11 5
-4 ,7 8 6
-9 6 0
-1 ,2 7 7
713
-3 9 6
10, 269
9,221
10,710
-2,188
-2 ,1 7 8
359
-3 6 9
13,269
9 f 754
8,052
4 ,1 37
3 ,618
584
-6 5
16,029
16,614
14 ,1 7 1
7*997
5,6 00
2 ,4 31
-3 4
7,035
2 ,747
3,769
1,526
-7 9
1,6 16
-11
•2,9 07
2,484
287
3,584
1,9 61
I CO
890
633
2 ,4 65
1,307
63
467
628
5 ,1 34
3 ,115
IC 8
815
-3 6 6
-5 7
672
566
231
-532
-5 9
611
1,1 49
1 ,0 4 1
3,1 67
2 ,5 5 0
4,4 57
3,453
850
1*634
187
28
737
682
211
-7 9
187
239
158
434
570
4,3 77
3,069
451
327
530
5,4 56
4,261
334
375
486
OTHFR S E C U R I T I E S ♦ MTG.
S T A T E AND LOCAL O BL IG
CORPORATE BONDS
HOME MORTGAGES
OTHER MORTGAGES
10
11
12
13
14
2*686
11*1 95
1*285
9*5 70
340
-8 5 3
113
291
-3 1 4
136
-2*717
-399
728
-8 1 5
-312
-1 * 3 7 9
9 ,248
530
7,9 26
792
1*718
-4 ,9 7 5
-4 0 6
-3 ,92 9
-6 4 0
-1 ,3 2 9
9,731
1 ,1 8 5
7,627
919
-1 ,4 8 9
-542
1,129
-2 ,6 4 8
977
1,7 02
1,797
-1 3
1,0 84
726
2,443
-3 ,2 1 3
-2 8 8
-2 ,9 7 0
45
- 1 ,0 2 2
OTHER C R . EX C. S E C U R IT Y
CONSUMER C R E D I T
BANK LOANS N . E . C .
OPE N-MARKET PAPER
S E C U R IT Y C R E D I T
15
16
17
18
19
83
990
-1*831
125
9
4,3 72
-68
-1 * 56 0
1*953
89
1,3 49
801
-22
1 ,6 40
1*215
-333
1,4 03
2 ,1 17
1,466
62
-20
-627
450
1,917
1,921
LOANS TO A F F I L I A T E BANKS
VAULT CASH «■ MEM. B K . R E S .
M I S C . A S SE TS
20
21
22
-5 * 76 1
20,763
9*526 - 1 0 * 7 1 6
-3 ,6 4 9
-4 4 6
13,175 -1 0 ,2 7 0
5
2,5 89
883
1,706
-1 *695
12*5 74
9 ,7 2 7
-8 * 8 3 1
l f 640
-1 ,4 6 8
11,195 - 1 0 , 4 7 1
9,190
3,301
1 ,3 8 2
1,919
13,191
1,9 35
394
1 ,541
7,0 03
15*237
10,649 -1 0 ,6 8 2
-3 ,4 7 8
-572
-7 ,2 0 4
11,2 2 1
NE T INCR EASE IN L I A B I L I T I E S
OEMAND D E P O S I T S , NET
U . S . GOVERNMENT
OTHER
23
24
25
26
-20
156
1*061
0
220
0
15
16
17
18
19
-2 ,27 8
-318
-3 * 05 3
1*093
-4 3 0
7 ,531
396
6 , 330
805
1,211
458
-2 ,6 0 7
-5 3 7
-1 ,9 4 4
21
22
-1 ,3 7 4
-430
1,460
1*199
-8 9 2
29
23
24
25
26
-5 9 3
-5 ,7 5 3
70
-5 ,8 2 3
17*635
10*688
- 1,220
11,908
-4*586
-8 * 6 3 7
292
-8 * 9 2 9
27
28
29
9 ,3 84
3 ,6 4 0
5,7 44
3 ,1 5 0
433
2* 71 7
5*598
208
5*390
5,763
1*213
4*5 50
-7 4 9
-4 ,7 0 4
3*955
-5 ,48 5
-3 .5 3 8
-1 ,9 4 7
-6 5 9
-8 1 3
154
4 ,0 09
1*320
2,689
6,440
1 ,8 9 3
4,5 47
16,218
8,5 86
7 ,6 32
10,073
3,356
6*7 17
16,847
1,4 50
15,397
T I M E D E P O S IT S
LARGE N EG . C D ' S
OTHER
27
28
29
30
31
32
33
34
35
36
37
38
-1 * 0 7 6
-1 4 1
0
201
0
135
-3 ,3 4 3
-6 2 4
-2*719
769
67
0
17
0
17
2*9 27
182
2*745
-866
516
0
-5
0
-11
-1 *181
679
-1 * 8 6 0
2 ,3 57
-20 2
0
-2 4
0
-4 3
3 ,3 8 6
-1*065
4,4 51
-1 * 8 8 5
960
250
19
200
135
6* 0 2 5
3*582
2*443
4 24
-12 1
89
3
1*256
108
1 ,142
1,080
62
1*544
-7 4 5
83
-20
1*713
-3 2
963
-1 * 31 3
2,2 76
-6 1 3
461
125
51
2,2 2 4
398
481
-1 ,0 9 4
1,575
-2 6 5
-2 2 4
-22
1
1,035
-2 5 8
-8 1 8
-7 2 2
-9 6
-2 4 9
433
-68
-6
-2 ,8 8 2
173
-2 ,3 6 3
-1 ,4 3 3
-9 3 0
1,9 48
-5 1 8
62
6
-2 ,2 3 7
15
-4 ,7 6 1
-3 ,5 8 2
-1 ,1 7 9
-1 ,74 8
56
450
F . R . FLOAT
BORROWING AT F . R . BANKS
LOANS FROM A F F I L I A T E S
BANK S E C U R I T Y IS S U ES
COMMERCIAL PAPER IS S U E S
PR O F IT TA X L I A B I L I T I E S
M IS CEL LAN EOU S L I A B I L I T I E S
L I A B . TO F G N . BRANCHES
OTHER
30
31
32
33
34
35
36
37
38
39
351
-5 8 0
489
640
-259
400
-5 8 2
493
-3 6 5
411
II.
-
iAMOUNTS
-2 6 1
486
INCLUOED
IN PART
I.
ABOVE FOR HOLDING COMPANIES
0
-6 5 7
150
2,587
-3 ,1 5 4
5 ,7 41
DISCR EPA NCY
;ANO A F F I L IA T E S
1
2
3
0
0
0
0
0
0
0
0
0
0
0
0
600
350
250
1*638
1*5 49
89
231
148
83
3 ,008
2,8 83
125
1,2 03
1 ,2 2 5
-22
-2 ,9 3 8
-2 ,8 7 0
-68
-2 ,24 0
-2*302
62
275
-175
450
N ET A C Q U I S . OF F IN A N ^ ASSETS
BANK LOANS N . E . C .
LOANS TO A F F I L I A T E BANKS
4
5
6
0
0
0
0
0
0
0
0
0
0
0
0
600
200
4 00
1*638
1*2 56
382
231
1*7 13
-1 * 48 2
3,008
2 ,2 24
784
1 ,203
1 ,0 3 5
168
-2 * 9 3 8
-2 * 8 8 2
-5 6
-2 * 2 4 0
-2*237
-3
275
-6 5 7
932
NET INCR EAS E IN L I A B I L I T I E S
COMMERCIAL PAPER I S S U E S - '
MISC ELL ANE OUS L I A B I L I T I E S
\_l Federal Reserve Bulletin, February 1971, page A32.
21 Ibid., page A37.
4 MAY 1971
NONBANK FIN A N C E SUMMARY
NONRANK FINA NC E
SECTOR
UNA OJ US TE D QUARTERLY
1/67
U N AD JU ST ED QUARTERLY FLOWS
FLOWS
IV/67
1/60
I V / 68
P R IV A T E
5
6
7
8
9
10
11
12
13
14
15
I
1969
| III
1/69
NONBANK F I N A N C I A L
IN STITUTIONS
-
III
-6 0 9
196
-8 0 4
184
274
188
-210
193
-121
203
491
207
8,462
-2 3 4
102
211
6,902
-4 4 8
599
2 ,3 1 3
1 ,6 3 7
861
1 ,4 8 3
-3 3 0
787
12,704
92 7
-8 6
233
9 ,581
280
322
2,764
1,685
2,1 78
1 ,8 0 8
684
-1 4 0
9 ,659
-867
-1 4
125
10,885
1, 659
281
2, 185
1, 138
1,266
1,447
-8
2,9 17
13,605
849
8,2 48
-897
-3 9
243
9,9 23
-1 1 8
120
1 ,5 5 0
2 ,004
2 ,0 92
1 ,3 33
258
2 , 684
8,800
-IC O
0
- 21 0
1 0,553
-436
3 75
1,1 39
2 ,3 58
1 ,8 2 2
1,755
1 ,1 7 1
2 ,3 69
15,082
1 ,12 1
0
258
12,161
50
171
1 ,1 45
4 ,4 07
1 ,2 17
2 ,025
1 ,032
2 ,1 14
7 ,2 4 1
-4 1 1
0
413
7 ,9 13
341
487
643
3,2 34
-1 6 5
1,589
-311
2 ,0 95
11,992
271
0
-24
11,923
871
-58
3 ,244
2,9 66
1 ,8 14
2,0 82
-10
1 8,310
1,188
0
492
1 4,722
1 ,2 0 3
4 67
3, 563
4,226
2 ,853
2 ,918
-2 2 7
-281
18,300
-591
0
609
15,281
2,5 04
293
3, 691
3, 130
2 , 857
2 , 503
-1 ,0 4 7
1 ,350
-2 6 5
536
97
1,275
1 ,298
97
1,606
9,117
230
4 ,782
3 ,8 55
329
1 ,135
-253
-521
3,165
1 ,6 3 8
1,5 27
15,101
2 ,0 04
4 ,761
5,126
564
I ,205
-2 8 6
1 ,4 70
2,1 73
824
1,3 49
7 ,584
1,453
4 ,7 54
974
180
1 ,098
-2 8 4
-2 ,0 5 6
2 ,036
1 ,580
456
12,211
4 ,1 17
5,430
3 ,116
511
484
290
1 ,5 6 1
270
- 22 1
491
14,041
4 ,2 47
5,0 90
638
691
567
218
3 66
-1 ,2 0 4
-1 ,4 9 3
289
17,747
7 ,3 73
5,707
1 ,4 5 5
1 , 162
236
408
-418
67
-2 3
90
18,587
12,976
4,931
93
500
589
410
466
-1 ,87 2
-947
-925
- 1,837
184
1 ,9 03
2*120
-32
1*122
-1 ,5 2 5
234
1 ,694
-1,704
-3 2 4
1,576
1,7 94
207
2,065
2,674
104
4 34
-1 ,0 1 8
284
1 ,3 2 1
503
156
-408
171
-1 ,6 1 9
96
541
-1 ,2 9 0
19
20
21
22
23
24
25
26
27
28
29
8,4 25
4,268
3 ,9 3 1
- 1,3 6 2
176
7 76
90
-2 * 3 4 4
—60
1, 70C
-1 ,7 6 0
13,258
4 , 137
4,9 05
2, 189
529
981
U 8
-2 4 8
809
545
2 64
10,025
3, 078
4,289
2 ,418
109
1 ,8 1 1
45
- 9 34
1,387
1,504
-1 1 7
13,096
4 ,3 92
5,035
4 ,0 72
492
1, 539
22
1,1 69
850
617
233
9 ,402
3 ,5 40
3 ,796
3 , 122
195
2 ,3 8 6
195
-1 ,1 7 8
1,524
1 ,4 5 2
72
30
31
32
173
• 300
1 ,1 1 5
1 ,4 4 6
- 22
603
-1 ,7 3 3
309
1 ,664
-5 9 0
-3 8
-3 ,5 6 1
2 70
2 ,2 35
228
33
_____ —— ——
39
112
19
403
-3 8 4
-1 ,3 1 4
166
-4 2
—
— .— — — — — —
— — ——— — .— —«...—
SAVINGS ANO LOAN A S S O C IA T IO N S
253
14,194
?02
0
-163
13,570
1 ,331
4 96
3 ,1 04
932
2 ,6 03
2,0 15
107
2 ,9 82
82
100
403
1,174
85
333
232
100
216
-818
1 00
540
-7 7 0
71
229
237
2
368
213
519
- l i 202
102
426
1 ,1 7 5
76
798
230
1,002
210
4 47
106
989
312
66
1 ,1 0 3
225
1971
I
TOTAL
-2 2 7
181
16
17
18
1
II
I
-3 4 6
169
132
11,042
-9 3 2
357
1,965
2,946
2,645
2,303
1,3 27
431
I
I
1970
|
|
IV
416
151
——
SUMMARY
ST AT EME NT S OF SAVING AND IN V ES T M EN T
(M I L L I O N S OF DOLLARS)
CURRENT SURPLUS
P H Y SI C A L IN VES TM ENT
NET A C Q U I S . OF F I N A N . ASSETS
DEM. D E P O S IT S ♦ CURR.
T IM E D E P O S IT S (MSB)
SVGS. ♦ LOAN SHARPS (CR U)
C R E D I T MKT. IN S T R .
U . S . G O V T. S E C U R I T I E S
S T A T F + LOCAL P R L I G .
CDRPORATF. + FGN . BOND S
CORPORATE STOCKS
HOME MORTGAGES
OTHER MORTGAGES
CONSUMER C R E D IT
OTHER LOANS
SECURITY CREDIT
TRADE C R E D I T
MI S C ELL AN EO US ASSETS
NET IN CREASE IN L I A B I L I T I E S
TI M E ♦ SV GS. ACCOUNTS
INSURANCE ANO PENSION RES.
C R E D IT M K T . I N S T R .
F IN A N C E C O . BONDS
IN V E S T M E N T C O. SHARES
MTG. LOANS IN PROCESS
BANK LOANS N . E . C .
OTHER LOANS
F IN A N C E C O . PAPER
FHLB LOANS
261
266
272
275
1 *164
-1 6 1
1 ,0 75
465
344
286
-20
250
3,6 43
73
2 ,6 7 1
313
1 ,6 8 9
648
21
899
4 ,010
-1 9 4
3 ,7 26
396
2*49 8
817
15
478
5 ,531
424
3,990
-20
2*820
1,1 86
4
1,117
9,221
-134
7,8 70
4 ,0 33
2 ,8 07
1 ,0 3 1
-I
1 ,4 8 5
N ET ACQ. OF F I N A N . A S SE TS
DEMAND D E P O S I T S «■ CURR PNC
C.PFDIT MKT. I N S T R .
U . S . GO V T . S E C U R I T I E S
HOME MORTGAGES
OTHER MORTGAGES
CONSUMER C R E D I T
M IS C . F I N A N C I A L T R A NS .
NET INCR EASE IN L I A B I L I T I E S
SAVINGS SHARES
C R E D I T MKT. I N S T R .
MTG. LOANS IN PROCESS
BORROWING FROM FHLB
BANK LOANS N . E . C .
MIS CEL LAN EOU S L I A B I L I T I E S
1,303
-2 6 6
977
426
316
170
65
592
2*803
218
2,297
3
1 ,896
424
-2 6
288
2 ,2 48
-3 6 7
2 ,801
1,10 1
1,291
421
-12
-1 8 6
2 ,848
287
2,552
45
1 ,9 4 2
545
20
9
2,9 11
-2 5 8
3,163
964
1 ,8 4 1
369
-11
6
10
11
12
13
14
15
16
1 ,3 4 2
2,533
-1 ,9 3 5
90
-1 *760
-2 6 5
730
2,5 04
2,656
512
118
264
130
-665
2 ,248
1,618
-175
45
-1 1 7
-1 0 3
781
2,369
2,806
372
22
233
117
-8 0 8
2,9 26
1,929
156
195
72
-111
822
1,584
-2 6 6
1*304
-2 5 3
1*527
30
534
1*381
935
1*176
- 2 86
1*349
113
-7 2 8
1,156
383
3
-2 8 4
456
-1 6 9
743
3,2 70
2 ,7 6 1
776
290
491
-5
-2 3 9
4,0 21
2 ,920
471
218
289
-3 6
616
5,128
5,0 10
633
408
90
135
-5 1 8
9,191
9*1 01
-667
410
-9 2 5
-1 5 2
732
17
18
269
-2 ,2 1 4
-6 2
150
232
12
-2 2 6
86
283
228
273
1*91 4
-3 0 3
1*199
253
511
-1 0 7
144
279
283
-1 3 1
-9 0 1
245
- 2*020
1b
17
18
19
20
21
22
23
24
25
26
27
2*
29
CURRENT SURPLUS
259
1*943
362
1*227
-3 8 3
1*213
411
-1 4
354
2
3
4
5
6
7
8
9
1*
DIS CREPANCY
268
268
13
14
SECURITY C R ED IT
TAXES PAYABLE
MISCELL ANE OUS L I A B I L I T I E S
268
1 ,5 79
-211
2,4 40
34
1*892
517
-3
-650
10
11
12
DISCRE PAN CY
MEMOFHLB LOANS L E S S DEP .
10
11
12
13
14
15
16
17
18
MUTUAL SA VINGS BANKS
CURRENT SURPLUS
I
29
30
33
67
62
65
68
63
64
64
66
64
1*719
85
102
1*401
-2 8
-5
565
41
478
292
12
46
131
806
80
-86
834
-9 6
-2 4
88
57
410
348
27
24
-22
1* 52 6
-6 5
-1 4
1*485
293
11
436
58
241
308
76
62
120
949
16
-10
947
-3 1 7
-10
307
68
523
437
12
-7 3
-4
1*441
-57
-3 9
1*4 36
278
6
215
60
399
323
41
114
101
480
-3 2
0
398
-2 0 6
-2
-66
58
268
247
15
84
114
410
79
0
581
-3 4 8
10
-2 9
62
359
420
40
67
-250
885
-6 4
0
766
51
I
225
65
56
127
71
170
183
1*148
108
0
1*092
57
-2
432
68
279
207
55
-4
-52
1*290
45
0
1*092
163
5
223
70
266
256
65
44
153
1 ,3 9 3
269
0
1,2 13
-7 7
0
548
73
333
321
65
-50
-8 9
3,586
17
0
3 *39 6
259
49
1*8 70
75
396
366
129
252
173
N E T AC Q. OF F I N A N C I A L A S S E T
DEM. D E P O S IT S ♦ CURR.
TIM E D E P O S IT S
C R E D I T MK T. I N S T R .
U .S . GOVT. SECUR ITIES
S T A T E ♦ LOCAL G O V T . S E C .
CORPORATE BONDS
CORPORATE STOCKS
HOME MORTGAGES
OTHER MORTGAGES
CONSUMER C R E D I T
OTHER LOANS
MIS C ELL AN EO U S A S SE TS
2
3
4
5
6
7
8
9
10
H
12
13
14
1*532
136
1*055
-266
1*3 15
128
1*12 6
-256
1*252
103
304
104
567
-2 11
709
120
868
245
1*094
129
1 ,7 63
-398
3*422
58
SAVINGS D E P O S IT S
M IS CEL LAN EOU S L I A B I L I T I E S
15
16
-22
13
-5 0
-12
-2 4
-7
14
7
29
-3
38
-4 2
D IS CR EPA NCY
17
C R E D I T UNIONS
1
2
3
4
5
6
203
21
211
-2 9
-3 9
10
426
18
233
175
166
9
145
7
125
13
3
10
460
-8
132
336
327
9
359
-7
243
123
116
7
192
-11
-210
413
408
5
502
-9
258
253
247
6
361
2
413
-5 4
-6 1
7
488
8
-2 4
504
497
7
233
10
-1 6 3
386
379
7
600
10
492
98
91
7
453
14
609
-1 7 0
-177
7
7
203
426
145
460
359
192
502
361
488
233
600
453
NET A C Q U I S . OF F I N A N . ASSET
DEM. D E P O S I T S ♦ CURR.
SVGS. ♦ LOAN SHARES
C R E D I T MK T. I N S T R .
CONSUMER C R E D I T
HOME MORTGAGES
CREDIT
UNION SHARES
4 MAY 1971
^BA N KIN G SYSTEM
BANKING SYSTEM
SECTOR S TA TEM EN TS OF S A VI N G ANO
( M I L L I O N S OF DOLLARS)
UN AD JU S TE D
INVE ST MEN T
UNAD JU ST ED QUARTERLY FLOWS
QUARTERLY FLOWS
1/67
IV/67
1/68
I V / 68
1/69
1
7
8
3
7
9
10
11
2
3
4
5
6
7
8
-1,262
-770
172
-1 ,07 6
-141
553
626
2 ,873
-210
43
769
67
2 ,2 04
2 ,1 96
-1 .2 2 4
-1 ,5 5 7
163
-866
516
520
579
2 ,640
784
71
2 ,3 5 7
-202
-370
-3 4 2
-1 ,5 2 4
-2
-101
-1 ,8 8 5
960
-4 9 6
-5 3 2
884
4 99
47
424
-121
35
39
9
10
11
-1 ,26 9
-646
-7 2 8
2 ,865
406
1,054
-1 ,2 2 7
41
-9 3 3
2 ,633
521
1,1 19
-1 * 53 3
-2 5 0
-1 *310
12
13
14
15
551
-2 4
-3 2 2
-100
226
10
1 ,1 4 1
28
-8 0 2
88
4
375
-3 5 3
16
1,463
-133
12
-46
-1 3 7
198
1 H I
IV
1
I
I I
III
IV
I
1
1971
I
MONETARY A U T H O R I T I E S
12
13
14
13
12
3,5 43
-3 6 8
65
1.5 44
-7 4 5
3 ,0 47
3 ,0 20
-827
203
463
-613
461
-1 .34 1
-1 ,36 9
1 ,057
-488
75
-265
-224
1 ,959
1 ,9 2 9
2.252
-2 4 6
88
-2 4 9
433
2.226
2 ,261
2,8 05
-837
75
1,948
-5 1 8
2, 137
2 ,1 67
286
-2 3 5
114
-1 ,74 8
56
2 ,099
2 . 0 1 ft
874
895
454
3 ,532
382
608
-8 3 9
410
-401
1 ,044
-5 0 4
171
2,238
1,9 47
170
2,792
212
-2 3 2
274
1 ,7 4 5
172
-2 4 8
-15
-54
-158
326
-27
1 ,941
302
-211
85
-7 8 3
61
-3 1 4
-52
1 ,479
264
241
-45
271
-3 4 6
-98
-19
2,533
396
*
CURRENT
SURPLUS
NET ACQ. OF F I N A N . ASSE TS
GOLO AND FOREIGN EXCHANGE
TREASURY CURR. ♦ SDR C T F S .
F .R . F L O A T
F . R . LOANS TO DOMESTIC BANK
C R E D I T MKT. INSTRUMENTS
U . S . G O V T. S E C U R I T I E S
NET INCREASE IN L I A B I L I T I E S
MEMBER BANK RESERVES
VA ULT CASH OF COML. BANKS
DEMAND D EP O SI TS AND CURRENCY
-2 4 8
DUE TO U . S . GOVERNMENT
DUE TO RES T OF THE WORLD
58
-971
CURRENCY O UT S ID E BANKS
OTHER
-4 8 2
12
13
14
15
COMMERCIAL BANKS
I.
COMBINED S TA TEM EN T
FOR COMMERCIAL BANKS AND A F F I L I A T E S
566
159
597
30
710
152
679
170
741
250
824
265
741
266
•537
1 ,2 67
1 ,6 97
1 ,0 6 8
624
-562
1,006
18,782
16,123
14,912
3 ,797
2 ,6 14
302
881
-4 ,5 1 7
-3 ,6 5 4
-1 ,7 1 0
— 1* 489
-1 ,7 8 3
205
89
21,533
18,678
19,531
3 ,2 0 2
2 ,4 71
546
185
-5 ,7 5 6
-6 ,3 9 9
-3 ,6 8 2
-5 ,4 2 9
5,076
-260
-9 3
-76
-2 ,3 1 5
-9 3 6
-1*352
-6 0 8
291
-1 ,0 3 5
13,308
14,066
12,348
2 ,8 6 9
2 ,058
1,030
-2 1 9
10
11
12
13
14
•2 ,9 07
2,484
2 87
-20
156
3,5 84
1,9 61
I CO
890
633
2 ,4 65
1 ,307
63
467
628
5 ,134
3 ,1 15
1C8
1 ,061
850
1,634
187
28
737
682
815
-3 6 6
-5 7
672
566
231
-5 3 2
-5 9
611
15
16
17
18
19
-2*278
-3 1 8
-3 * 0 5 3
1.0 93
-430
7*5 31
396
6*3 30
805
1*211
-2 ,6 8 6
45 8
-2 * 6 0 7
-5 3 7
-1 * 9 4 4
20
21
22
-1 ,3 7 4
-4 3 0
1*460
1 .199
-892
29
23
24
25
26
-5 9 3
-5 ,7 5 3
70
-5 .8 2 3
17*635
10.68 8
- 1.220
1 1.908
-4 .5 8 6
-8 .6 3 7
292
-8 .9 2 9
27
28
29
9.3 84
3 ,6 4 0
5 .744
3 .150
433
2 .7 1 7
5,598
208
5,390
30
31
32
33
34
35
36
37
38
-1 .0 7 6
-141
0
201
0
135
-3 .3 4 3
-6 2 4
-2 .71 9
769
67
0
17
0
17
2 .927
182
2.745
-8 6 6
516
0
-5
0
-11
-1 ,1 8 1
67 9
-1 ,8 6 0
39
351
-5 8 0
489
II.
11,195
113
-3 9 9
1 ,2 85
291
728
9,5 70 -3 1 4
-8 1 5
34 0
136
-3 1 2
-8 5 3
-2 ,7 1 7
-1 ,3 7 9
831
260
727
300
-1 ,6 0 9
-6 ,1 1 5
-4 ,78 6
-9 6 0
-1 ,2 7 7
713
-3 9 6
10,269
9,221
10,710
-2 ,1 8 8
-2 ,178
359
-3 6 9
13,269
*754
8 ,052
4 ,1 37
3 ,618
584
-6 5
16,029
16,614
1 4 ,1 7 1
7 .9 97
5 ,6 00
2 ,431
-3 4
1*149
1*041
0
-7 9
187
3*167
2*550
220
239
158
4 *4 57
3*453
0
434
570
4*377
3*069
451
327
530
5*456
4*261
334
375
486
1*797
-1 3
1*084
726
2*443
-3 * 2 1 3
-2 8 8
-2 * 9 7 0
45
-1 * 02 2
62
-20
-627
450
1 ,917
1 ,9 2 1
-4 *975
9*731
-5 4 2
-4 0 6
1*185
1*129
- 3 * 9 2 9 7*6 27
-2 * 6 4 8
-6 4 0
919
97 7
-1 , 3 2 9 -1*489
1*7 02
743
300
CURRENT SURPLUS
PLANT ♦ EQUIPMENT
7,035
NET ACQ. OF F I N A N . ASSFTS
2 ,747
TO TA L BANK C R E D I T
3 ,7 69
C R E D I T MARKET INSTRUMENTS
1,5 26
U . S . GOVT S E C U R I T I E S
-7 9
DIRECT
1,6 16
AGFNCY ISSUE S
-1 1
LOAN P A R T I C . C T F S .
OTHFR S E C U R I T I E S ♦ MTG.
ST A TE AND LOCAL O BL IG
CORPORATE BONDS
HOME MORTGAGES
OTHER MORTGAGES
OTHER C R .
EX C. S EC U R IT Y 15
CONSUMER C R E D I T 16
BANK LOANS N . E . C . 17
OPEN-MARKET PAPER 18
S E C U R IT Y C R E D IT 19
89
1 .3 49
801
83
990
-1 .83 1
125
9
4,372
-22
-68
-3 3 3
1.403
2 ,1 17
1 ,4 66
2 0.763
-5 .7 6 1
9 .5 26 - 1 0 ,7 1 6
-3 .6 4 9
-4 4 6
13,175 - 1 0 ,2 7 0
5
2 ,5 89
883
1,706
1 2.574
-1 ,6 9 5
9 ,727
-8 ,83 1
-1 .4 6 8
1 .6 4 0
11.195 -1 0 . 4 7 1
9.190
3*301
1*382
1*919
13,191
1.9 35
394
1 .5 4 1
15,237
7 ,003
10,649 - 1 0 ,6 8 2
-5 7 2
-3 ,4 7 8
-7 ,2 0 4
11,2 2 1
5,763
1 .2 13
4,5 50
-7 4 9
-4 ,7 0 4
3.955
-5 .4 8 5
-3 .5 3 8
-1 .94 7
-6 5 9
-8 1 3
154
4 .0 09
1*320
2.689
6 .4 40
1 ,8 9 3
4,5 47
16.218
8.5 86
7 .6 32
10,073
3,356
6,717
16,847
1,4 50
15,397
T IM E D E P O S IT S
LARGE N EG . C D ' S
OTHER
27
28
29
2,3 57
-20 2
0
-2 4
0
-4 3
3,3 86
-1 .0 6 5
4 .4 51
-1 .8 8 5
960
250
19
200
135
6 .0 2 5
3 .5 82
2.443
424
-12 1
89
3
1*256
108
1 .142
1 .0 8 0
62
1.5 44
-7 4 5
83
-20
1.7 13
-3 2
963
-1 .3 1 3
2.276
-6 1 3
461
125
51
2 .2 24
398
481
-1 * 09 4
1 ,5 75
-265
-224
-22
1
1 ,0 3 5
-2 5 8
-8 1 8
-7 2 2
-9 6
-2 4 9
433
-68
-6
-2 ,8 8 2
173
-2 ,3 6 3
-1 ,4 3 3
-9 3 0
1 ,948
-5 1 8
62
6
-2 ,2 3 7
15
-4 ,7 6 1
-3 ,5 8 2
-1 ,17 9
-1 ,7 4 8
56
450
0
-6 5 7
150
2,587
-3 ,1 5 4
5,7 41
F . R . FLOAT
BORROWING AT F . R . BANKS
LOANS FROM A F F I L I A T E S
BANK S E C U R I T Y IS S U ES
COMMERCIAL PAPER IS S U ES
P R O F IT TAX L I A B I L I T I E S
MIS CEL LAN EOU S L I A B I L I T I E S
L I A B . TO F G N . BRANCHES
OTHER
30
31
32
33
34
35
36
37
38
-2 6 1
486
640
-2 5 9
400
-582
493
-3 6 5
411
I.
ABOVE FOR HOLDING COMPANIES
LOANS TO A F F I L I A T E BANKS
VAULT CASH f ME M. BK . RES.
M I S C . AS SET S
NET INCREASE IN L I A B I L I T I E S
DEMAND D E P O S I T S , NET
U . S . GOVERNMENT
OTHER
DI SCREPANCY
ANO A F F I L I A T E S
1
2
3
0
0
0
0
0
0
0
0
0
0
0
0
600
350
250
1,638
1.549
89
231
148
83
3.0 08
2 .883
125
1,2 03
1,225
-22
-2 ,9 3 8
-2 ,8 7 0
-6 8
-2 ,2 4 0
-2,302
62
275
-1 7 5
450
NET A C Q U I S . OF F I N A N . ASSETS
BANK LOANS N . E . C . l '
LOANS TO A F F I L I A T E BANKS
4
5
0
0
0
0
0
0
0
0
0
0
0
0
600
200
400
1,638
1 ,2 56
382
231
1,713
-1 ,4 8 2
3 ,0 08
2 .2 24
784
1 ,2 0 3
1 ,0 3 5
168
-2 ,9 3 8
-2 ,8 8 2
-5 6
-2,240
-2 ,2 3 7
-3
275
-6 5 7
932
NET INCR EASE IN L I A B I L I T I E S
COMMERCIAL PAPER I S S U E S * '
MISCELL ANE OUS L I A B I L I T I E S
6
JJ Federal Reserve Bulletin, February 1971, page A32.
2/ jb id ., page A37.
10
11
12
13
14
250
-1 .5 6 0
1.953
1 ,6 40
1.215
INCLUOED IN PART
iA MOUNTS
211
9*2 48
530
7 ,9 26
792
1*718
755
258
741
255
20
21
22
23
24
25
26
4 MAY 1971
NONBANK FIN A N C E SUMMARY
NONRANK FINAN CE
8
SECTOR
UN AD JU S TE D QUARTERLY FLOWS
1/67
IV/67
1/68
U N ADJ US TED
I V /68
P R IV A T E
1/69
SUMMARY
STATE MEN TS OF SAVING AND IN V ES T M EN T
I M I L L I O N S OF DOLLARS)
I
1969
1 III
IV
NONBANK F I N A N C I A L
|
1
,
QUARTERLY FLOWS
1970
11
I
IN STITUTIONS
-
III
8
IV
I
1
1971
I
TOTAL
I
2
416
151
-3 4 6
169
-2 2 7
181
-6 0 9
196
-804
184
274
188
-210
193
-121
203
491
207
519
210
368
213
100
216
3
4
5
6
7
8
9
10
11
12
13
14
15
8,462
-2 3 4
102
211
6,902
-4 4 8
599
2 ,3 1 3
1 ,6 3 7
861
1 ,4 8 3
— 330
787
12,704
92 7
-8 6
233
9 ,581
280
3 22
2 , 764
1,685
2,1 78
1 ,8 0 8
684
-1 4 0
9 ,659
-8 6 7
-1 4
125
10,885
I , 659
281
2, 185
1, 138
1,266
1,447
-8
2,9 17
13,605
849
-10
132
I 1 ,0 4 2
-9 3 2
357
1,965
2,946
2,645
2,303
1, 327
431
8,2 48
-8 9 7
-3 9
243
9,923
-1 1 8
1 20
1 ,5 5 0
2 ,0 04
2,092
1 ,3 33
258
2,684
8,800
-IC O
0
-2 10
10,553
-4 3 6
3 75
1,1 39
2 ,3 58
1 ,822
1 ,7 5 5
1 ,1 7 1
2 ,369
15*082
1,12 1
0
258
12,161
50
171
1 ,1 4 5
4 ,407
1 ,2 17
2,025
1 ,0 3 2
2 ,1 1 4
7,241
-411
0
413
7,913
341
487
643
3,2 34
-165
1,5 89
-3 1 1
2,0 95
11,992
271
0
-2 4
11,923
871
-5 8
3 ,244
2 ,9 66
1,8 14
2,082
1,00 2
2
14,194
202
0
-1 6 3
13,570
1,331
496
3,1 04
932
2 ,6 03
2 ,015
107
2,9 82
18,310
1,188
0
492
14,722
1 ,2 0 3
467
3 ,5 6 3
4,226
2,853
2,9 18
-2 2 7
-281
18,300
-5 9 1
0
609
15,281
2 ,5 04
29 3
3,691
3, 130
2, 857
2, 503
-1 ,0 4 7
1,3 50
16
17
18
312
66
1 ,1 0 3
1,175
76
798
-770
71
229
1,1 74
85
333
-1 ,6 1 9
96
541
- 1 , 2 90
112
-2 6 5
447
106
989
- 1,202
102
426
-8 1 8
100
540
82
100
403
536
97
1 ,2 7 5
1,298
97
1 ,6 06
19
20
21
22
23
24
25
26
27
28
29
8,425
4,268
3 ,9 3 1
-1 ,36 2
176
776
90
-2 ,34 4
-6 0
1 , 70C
-1 ,7 6 0
13,258
4,137
4,9 05
2, 189
529
981
118
-2 4 8
809
545
264
10,025
3 , 078
4 ,289
2,4 18
109
1 ,8 1 1
45
- 9 34
1,387
1,5 04
-1 1 7
13,096
4 ,3 92
5,0 35
4,0 72
492
1 , 539
22
1,1 69
850
617
233
9,402
3 ,5 40
3,796
3 , 122
195
2 ,3 86
195
-1 ,1 7 8
1 ,5 2 4
1 ,4 5 2
72
9,117
230
4 ,7 82
3,855
329
1 ,135
-2 5 3
-5 2 1
3,165
1 ,6 3 8
1 ,527
1 5 ,1 0 1
2,0 04
4 ,761
5,126
564
1 ,2 0 5
-2 8 6
1,4 70
2,1 73
824
1,349
7 ,5 84
1 ,4 5 3
4 ,7 54
974
180
1,098
-2 8 4
-2 ,0 5 6
2 ,036
1 ,5 8 0
456
12 ,2 11
4,117
5,430
3 ,116
511
484
290
1 ,5 6 1
270
-2 2 1
491
14,041
4 ,2 47
5,0 90
638
691
567
218
366
-1 ,2 0 4
-1 ,4 9 3
289
17,747
7,373
5,707
1 ,4 5 5
1 ,1 6 2
236
408
-418
67
-23
90
18,587
12,976
4,9 31
93
500
589
410
466
-1 ,8 7 2
-9 4 7
-9 2 5
30
31
32
173
• 300
1 ,1 1 5
1 ,4 4 6
-22
603
-1 ,7 3 3
309
1 ,664
-5 9 0
-3 8
225
-3 ,5 6 1
270
2,2 35
-1 ,83 7
184
1,903
2 ,120
-3 2
1,12 2
-1 ,5 2 5
234
1,694
-1 ,70 4
-3 2 4
1,576
1 ,7 94
207
2,065
2,674
1C4
434
-1 ,0 1 8
284
1,321
33
228
39
-4 2
-1 ,3 1 4
166
403
-3 8 4
19
503
156
-4 0 8
171
CURRENT SURPLUS
P H Y SI C A L INVE ST MEN T
NET A C Q U I S . OF F I N A N . ASSETS
OEM. D E P O S IT S * CURR.
T IM F D E P O S IT S (MSB)
SVGS. + LOAN SHARES (CR U)
C R E D I T MKT. IN S T R .
U . S . GO V T . S E C U R I T I E S
S T A T F *■ LOCAL O B L I G .
CORPORATE ♦ FGN . BONDS
CORPORATE STOCKS
HOME MORTGAGES
OTHER MORTGAGES
CONSUMER C R E D IT
OTHER LOANS
S E C U R IT Y C R E D I T
TRADE C R E D I T
M IS CEL LAN FO US ASSETS
NET INCREASE IN L I A B I L I T I E S
TI M E ♦ SVGS. ACCOUNTS
INSURANCE AND PENSION RES.
C R E D IT MK T. I N S T R .
FINA NC E C O . BONDS
IN V ES T M EN T C O. SHARES
MTG. LOANS IN PROCESS
BANK LOANS N . E . C .
OTHER LOANS
F IN A N C E C O. PAPER
FHLB LOANS
SECURITY CREDIT
TAXES PAYABLE
MISCEL LAN EOU S L I A B I L I T I E S
D ISCR EPANCY
I
3
4
5
6
7
8
9
10
11
I?
13
14
15
1b
17
18
19
20
21
22
23
24
25
2b
27
28
29
30
11
i/
33
SAVINGS AND LOAN A S S O C IA T IO N S
1
230
237
232
253
268
268
259
261
266
268
272
275
CURRENT SURPLUS
1
2
3
4
5
6
7
8
9
1 ,3 0 3
-2 6 6
977
426
316
170
65
592
2,803
218
2,297
3
1,896
424
-2 6
288
2 ,2 48
-3 6 7
2 ,801
1,10 1
1 ,291
421
-12
-186
2 ,848
287
2 ,5 5 2
45
1 ,9 4 2
545
20
9
2 ,9 11
-2 5 8
3 ,1 63
964
1 ,8 4 1
369
-11
6
1*579
-2 11
2 ,4 40
34
1*892
517
-3
-6 5 0
1,943
362
1*227
-383
1,2 13
411
-1 4
354
1,164
-1 6 1
1 ,0 75
465
344
286
-20
250
3 ,6 43
73
2 ,6 7 1
313
1 ,6 8 9
648
21
899
4,010
-1 9 4
3,7 26
396
2 ,4 98
817
15
478
5,531
424
3 ,990
-20
2 ,820
1 ,186
4
1 ,117
9,221
-134
7,870
4,0 33
2 ,807
1 ,0 3 1
-I
1,485
N ET ACQ. OF F I N A N . ASSETS
DEMAND D EP O SI T S «- CURRFNC
C.P FDIT MKT. I N S T R .
U . S . GO V T . S E C U R I T I E S
HOME MORTGAGES
OTHER MORTGAGES
CONSUMER C R E D I T
M I S C . F I N A N C I A L TR A NS .
2
3
u
5
6
7
8
9
10
11
12
13
14
15
16
1 ,3 4 2
2,533
-1 ,9 3 5
90
-1 ,7 6 0
-2 6 5
730
2 ,504
2,6 56
512
118
264
130
-6 6 5
2 ,2 48
1*618
-1 7 5
45
-1 1 7
-1 0 3
781
2,369
2 ,806
372
22
233
117
-8 0 8
2 ,926
1,929
156
195
72
-111
822
1,584
-2 6 6
1,3 04
-253
1 ,5 27
30
534
1 ,3 8 1
935
1,176
- 2 86
1 ,3 49
113
-7 2 8
1 ,1 56
383
3
-2 8 4
456
-1 6 9
743
3,270
2 ,7 6 1
776
290
491
-5
-2 3 9
4,0 21
2,9 20
471
218
289
-3 6
616
5,128
5,010
633
408
90
135
-5 1 8
9,1 91
9*101
-6 6 7
410
-9 2 5
-1 5 2
732
NET INCREASE IN L I A B I L I T I E S
SAVINGS SHARES
C R E D I T MKT. I N S T R .
MTG. LOANS IN PROCESS
BORROWING FROM FHLB
BANK LOANS N . E . C .
MISCE LL ANE OUS L I A B I L I T I E S
10
11
12
13
14
15
16
17
18
269
-2 ,2 1 4
-6 2
150
232
12
-2 2 6
86
283
228
273
1*91 4
-3 0 3
1,199
253
511
-1 0 7
144
279
283
-131
-9 0 1
245
- 2 ,020
DISCRE PAN CY
MEMOFHLB LOANS LES S D EP.
17
18
MUTUAL SAVINGS BANKS
I
29
30
33
67
62
65
68
63
64
64
66
64
2
3
4
5
6
7
8
9
10
11
12
13
14
1 ,719
85
102
1 ,4 0 1
-2 8
-5
565
41
478
292
12
46
131
806
80
-8 6
834
-9 6
-2 4
88
57
410
348
27
24
-22
1 ,526
-6 5
-1 4
1,485
293
11
436
58
241
308
76
62
120
94 9
16
-10
947
-3 1 7
-10
307
68
523
437
12
-7 3
-4
1*441
-5 7
-3 9
1 ,436
278
6
215
60
399
323
41
114
101
480
-32
0
398
-2 0 6
-2
-66
58
268
247
15
84
114
410
79
0
581
-348
10
-2 9
62
359
420
40
67
-250
885
-6 4
0
766
51
1
225
65
56
127
71
170
183
1 ,1 4 8
108
0
1 ,0 9 2
57
-2
432
68
279
207
55
-4
-5 2
1,2 90
45
0
1,092
163
5
223
70
266
256
65
44
153
1, 39 3
269
0
1 ,2 13
-7 7
0
548
73
333
321
65
-50
-8 9
3,5 86
17
0
3 ,3 96
259
49
1*87 0
75
396
366
129
25 2
173
N E T AC Q. OF F I N A N C I A L ASSE T
2
3
DEM. D E P O S IT S ♦ CURR.
4
TI M E D E P O S IT S
C R E D I T MK T. I N S T R .
5
6
U . S . GOVT. S EC U R ITIES
7
S T A T E ♦ LOCAL G O V T . SEC.
8
CORPORATE BONDS
9
CORPORATE STOCKS
HOME MORTGAGES
10
OTHER MORTGAGES
11
CONSUMER C R E D I T
12
13
OTHER LOANS
14
M IS CEL LAN EOU S ASSE TS
15
16
1*532
136
1 ,055
-266
1*3 15
128
1*126
-2 5 6
1,2 52
103
304
104
567
-211
709
120
868
245
1,094
129
1,7 63
-398
3,422
58
SAVI NG S D E P O S IT S
M IS CEL LAN EO US L I A B I L I T I E S
15
16
17
-22
13
-5 0
-12
-2 4
-7
14
7
29
-3
38
-4 2
DIS CR EPA NCY
17
CURRENT SURPLUS
I
C R E D I T UNIONS
1
2
3
4
5
6
203
21
211
-2 9
-3 9
10
426
18
233
175
166
9
145
7
125
13
3
10
460
-8
132
336
327
9
359
-7
243
123
116
7
192
-11
-210
413
408
5
502
-9
258
253
247
6
361
2
413
-5 4
-6 1
7
488
8
-2 4
504
497
7
233
10
-1 6 3
386
379
7
600
10
492
98
91
7
453
14
609
-1 7 0
-177
7
7
203
426
145
460
359
192
502
361
488
233
600
453
NET A C Q U I S . OF F I N A N . ASSET
DEM. D E P O S IT S ♦ CURR.
SVGS. «• LOAN SHARES
C R E D I T MK T. I N S T R .
CONSUMER C R E D IT
HOME MORTGAGES
1
2
3
4
5
6
CREOIT
7
UNION SHARES
4 MAY 1971
INSURANCE + PE NSION FUNDS
INSURANCE
♦ PE NSI ON FUNDS
. 9
SECTOR ST AT EME NT S 01* SAVI NG AND IN Y C S T N f N T
( M I L L I O N S Of DOLLARS)
U N AD J US T ED
UN AO JU S TE D QUARTERLY FLOWS
QUARTERLY FLOWS
1/67
IV/67
1/69
1/68
LIFE
I
1969
| III
1970
IV
II
I
III
IV
I
1971
I
INSURANCE COMPANIES
CURRENT SURPLUS
PH Y SI C A L IN V ES T M EN T
1
2
1
2
220
151
209
169
146
181
166
196
138
184
141
188
146
193
166
203
171
207
171
210
177
213
183
216
3
4
5
6
7
a
9
10
11
12
13
2»227
-2 3 9
2,358
72
r-50
883
145
10
850
448
108
2,127
142
1,907
-1 2 4
10
1,256
356
-8 4
953
-4 6 0
78
2,4 40
-3 8 2
2,6 98
19?
14
1,295
317
-1 1 9
576
422
124
3*11 6
232
2.7 08
88
194
987
417
-1 6 8
1 #236
-4 6
176
2 ,4 1 9
-3 0 7
2,3 57
-4 7
11
850
465
-1 4 3
552
669
369
2,283
42
2 ,0 68
-9 2
41
215
270
-2 6 7
732
1,169
173
2 ,577
352
1,678
11
-3 2
-1 0 3
515
-4 7 6
1,1 70
593
547
2 ,5 34
-2 3 7
2 ,5 80
11
22
448
560
-2 8 7
876
950
191
1 ,894
17
1 ,963
-1 1 6
2,597
218
2,0 44
-6 3
20
507
717
-399
1 ,204
58
335
2 ,506
-2 9 5
2 ,564
69
29
1 *>000
640
-579
879
526
237
NET
432
573
-316
865
546
-8 6
2 ,3 0 0
-3 9
2 ,209
125
43
150
134
-3 8 1
756
1 ,382
130
A C Q U I S . OF F I N A N . ASSETS
DEM. D E P O S IT S ♦ CURR.
C R E D I T M K T . INSTRUMENTS
U . S . GOVT. S E C U R ITIE S
S T A T E AND LOCAL O B L I G .
CORPORATE BONDS
CORPORATE STOCK
h o m e MORTGAGES
OTHER MORTGAGES
OTHER LOANS
MIS C ELL AN EO US ASSETS
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
1 ,9 5 7
1 ,164
608
-2 6
2,357
1,174
683
531
2* 225
I t 147
706
2,2 97
1,1 88
729
217
,3 1 8
,2 2 3
729
279
2,320
1 ,2 0 8
742
395
2 ,325
1,205
750
197
2 ,3 34
1,2 05
757
570
2,337
I ,202
766
270
2,330
1 ,1 9 3
777
322
2 ,3 25
1 ,192
785
223
NET
210
2,4 25
1,1 56
7 37
518
IN CREASE IN L I A B I L I T I E S
L I F E INSURANCE RESERVES
PE NSI ON FUND RESERVES
OTHER L I A B I L I T I E S
14
15
16
17
-201
270
-250
-7 2 1
-1 6 8
-1 2
-304
-2 4 6
404
-2
-303
-214
1*508
74
1 ,599
-68
319
1 ,2 94
54
-165
1*099
-71
1 ,182
45
172
959
6
-12
1*700
189
1 ,4 2 3
499
482
675
-3 3
-112
2 ,2 65
-3 6
2,237
-79
626
1,698
-8
64
1,4 94
-1 7 5
1,703
38
395
1,250
20
-3 2
2,369
141
2 ,1 81
-1 0 8
-1 2 5
17
-149
2*446
1*5*4
541
319
39
1,422
-5 5
1 ,439
-7
0
-7
-4 4
1,490
970
3 tO
140
38
1 ,472
187
1,245
-1 8 9
-1 8 5
-4
-1 1 6
1,550
448
722
140
40
1 ,4 58 .
-4 7
1,468
-1 4
11
-2 5
-9
1 ,4 9 1
530
7 86
175
37
P R IV A T E
1
2
3
4
5
6
7
8
1 ,4 7 8
4
1*330
-1 9 1
368
1 ,077
76
144
1 ,8 1 4
269
I »19 9
-3 0
78
I , 140
11
346
1 ,460
-20 1
1*595
248
337
1 ,0 05
5
66
STATE
1
2
3
4
5
6
7
8
9
10
11
12
681
34
544
-433
-450
17
-20
997
687
145
165
103
1 ,2 3 4
14
1*132
-1 1 7
-143
26
-18
1,267
998
191
78
88
9 76
9
894
27
54
-2 7
31
836
421
270
145
73
1,8 95
145
1 ,6 32
192
19
1*431
-10
118
9 11
-398
1,371
50
-152
1 ,4 6 1
12
-6 2
♦ LOCAL G O V T .
1*247
-7
1,304
163
-109
272
-2
1 ,143
623
433
87
-5 0
EMPLOYEE
OTHER
1
12 0
100
64
1 ,1 88
1
1,175
8
-8 9
97
-12
1,179
577
385
217
12
2 ,112
103
1,803
-4 0
150
1,613
•0
206
r etir em en t
699
4
659
-1 9 2
-2 0 6
14
-1 2 6
977
470
521
-14
36
N ET AC Q. OF F I N A N , ASSETS
DEM. D E P O S IT S ♦ CURR.
C R E O I T MK T. IN STRUM ENTS
U . S . GOVT. S EC U R ITIES
CORPORATE BONDS
CORPORATE STOCK
MORTGAGES
M IS CEL LAN EOU S
I
2
3
4
5
6
7
8
FUNDS
1 ,291
-1 0 5
1 ,351
-1 9
-4 5
26
-2 3
1,393
653
4 74
266
45
N E T A C Q .O F F I N A N . A S SET S
DEMAND D E P . AND CURRENCY
C R E D I T M K T. INSTR UM ENT S
U .S .G O V T.S E C U R ITIE S
DIRECT
U . S . G . AGENCY SEC .
S T A T E ♦ LOCAL O B L I G A T I O N
OTHER C R . M K T. IN S TR UM EN TS
CORPORATE BONDS
CORPORATE STOCK
MORTGAGES
OTHER
3
4
5
6
7
8
9
10
11
12
1
1
2
INSURANCE COMPANIES
-5
-1 4
-3 0
-9
-26
-1 4
-20
-3 0
-3 0
CURRENT SURPLUS
243
-1 6
147
-440
326
185
75
I
112
978
-10
882
47
301
199
332
3
106
805
2
701
-1 3 5
283
209
3 39
5
1 02
800
10
490
-87
272
211
287
7
100
1,024
11
915
234
261
3 94
17
7
10 0
1 ,0 6 0
6
957
22
250
3 56
3 23
6
97
816
10
709
— 56
239
249
270
7
97
N ET A C Q . OF F I N A N . A S S E TS
2
DEMAND W ET OS IT S ♦ CURRENC 3
C R E O I T MK T. INSTRUMENTS
4
U . S . GOVT. SECUR ITIES
5
S T A T E ANO LOCAL O t i l G .
6
CORPORATE BONOS
7
CORPORATE STOCK
8
COMMERCIAL MORTGAGES
9
TRADE C R E D I T
10
361
88
959
-28
9 38
107
878
44
968
-7 8
944
-1 2 6
9 86
140
N ET IN CREASE
DISC REP AN CY
2
3
4
5
6
7
•
9
10
232
-8
174
-389
351
140
47
5
44
7 05
-4
635
-2
316
2 14
103
4
74
6 10
12
527
-1 2 3
275
242
110
3
71
883
11
787
-2 7
241
272
2 80
1
85
699
-I
604
-200
294
230
278
2
96
11
12
574
444
521
-8 4
6 02
54
452
-2 3 4
874
161
18
DIS CR EPA NCY
PE NSION FUNDS
1 ,642
-7 5
1,903
198
525
1,116
64
-1 8 6
968
-8
1*031
24
-3
27
4
1 ,0 03
637
302
64
-5 3
-21
IN L I A B I L I T I E S
11
12
FINANCE N.E.C.+ FOREIGN
4 MAY 1971
FINANCE N.E.C.* FOREIGN
SECTOR STATEMENTS OF S A V I N S A N D INVESTMENT
m i L L I O N S OF O O L L A R S I
U N A D J U S T E D Q U ARTERLY FLOWS
U N A D J U S T E D QUA R T E R L Y FLOWS
1/67
IV/67
1/68
IV/68
1/69
-183
-922
-702
-I*090
-1*258
I
1969
I III
-170
r
IV
I_____ I
-674
1
I
IV
1 1 _____
t~ * * 5
1 971
I
-117
-392
212
C U R R E N T S U R P L U S OF G R O U P
I
FINANCE COMPANIES
1
2
3
4
5
71
50
- 43
-368
432
858
50
-77
517
368
844
50
-173
-75
1*042
2*249
68
340
968
873
71 6
66
-32
112
570
1*378
73
-148
751
702
2*517
73
27
759
1*658
73
-351
-301
571
6
7
8
9
-203
176
-2*079
1* 7 0 0
696
52 9
-378
545
782
109
-831
1,504
2*161
492
1*052
617
580
19 5
-1*067
1, 4 5 2
1*416
329
-551
1*638
2*745
564
1*357
824
-127
180
-1,887
1*580
-8
1*701
75
145
429
1*052
-325
74
245
-352
-292
458
10
102
-387
733
-998
942
NE T ACQ. OF FINAN. ASSETS
DEMAND DEP.* CURRENCY
HOME MORTGAGES
CONSUMER CREDIT
O T H E R LOANS (TO BUS.)
1*856
511
1*566
-400
691
402
- I *493
586
1*162
-553
-23
171
500
618
-947
N E T I N C R E A S E tN L I A B I L I T I E S
CORPORATE BONOS
BANK L O A N S N.E.C.
O P E N M ARKET PAPER
-2 2 1
174
18
SE C U R I T Y B R O K E R S ANO DEALERS
250
62
398
-6 6 7
1*519
31
-2
457
384
1*106
173
-230
-145
548
1*446
9 78
69
399
-1*622
115
-16
-951
-770
-551
84
-777
-1*032
1*174
-3*492
77
-1*033
-917
-1*619
-1*769
64
-254
-2 89
-1*290
2*148
61
863
777
447
-1*528
52
425
-803
-1*202
-1*733
-1*654
-590
-1*240
-3*561
-3*095
-1*837
-1*279
2*120
1*874
-1*525
-1*127
0
-79
0
650
0
-466
0
-558
0
246
N E T ACO. OF FINAN. ASSETS
D E M A N D DEP. ♦ C U R R E N C Y
U .S. G O V T . S E C U R I T I E S
OTHER SECURITIES
SECURITY CREDIT
N E T I N C R . IN L I A B . - S E C . C R
FROM BANKS
F R O M AO. O F F G N . B A N K S
CUSTOMER CREOIT BALANCES
0
-398
OPEN-ENO INVESTMENT COMPANIES
-256
-1*048
-752
-1*109
-1*321
1 ,0 93
405
134
6 75
-140
-53
-336
78
-4
-122
-172
1*391
-262
214
776
-323
1*065
-15
1*080
-172
126
-205
1*331
776
981
1*811
1*539
2*386
520
71
*49
- 220
-67
17
-84
1*059
-34
430
25
227
-219
-698
507
916
-9
925
51
-146
606
414
515
-335
73
981
-204
1*135
1*205
-8
-609
-29
-133
-436
103
50
53
28
605
442
1*022
153
77
76
-28
470
-370
CURRENT
SURPLUS
N E T ACQ. OF FIN A N . A SSETS
DEM. O E P O S I T S ♦ CURR.
C R E D I T MKT. INSTR.
U .S . G O V T . S E C U R I T I E S
CORPORATE BONOS
CORPORATE STOCKS
COMMERCIAL PAPER
404
455
-145
600
2*087
9
96
-1*592
563
90
473
-1*741
797
-431
1*848
1*098
484
567
236
589
2 50
50
200
0
323
65
25B
215
43
172
0
0
-427
-85
-342
0
N E T A C Q U I S . OF F I N A N . A S S E T S
OEM. OEPO S I T S ♦ CURR.
U.S. GOVT. SECURITIES
SECURITY CREOIT
250
323
215
-427
DEPOSIT LIABILITIES
489
-5
494
-199
-713
1*002
-
:4
NET STOCK
ISSUES
AGENCIES OF FOREIGN BANKS
-2 9 5
-59
-92
-145
-295
412
82
411
69
412
-82
-16
-66
0
-82
-5 1
-10
15
-41
0
12
0
-51
15
3
0
0
-253
-51
-202
0
323
52 3
-253
323
65
258
523
105
418
R E S T OF T H E W O R L D
NET U . S . E X P O R T S
U.S.EXPORTS
U.S.IMPORTS
T R A N S F E R R E C E I P T S F R O M U.S.
CURRENT ACCOUNT BALANCE
I
2
3
4
5
1
2
3
4
5
1*539
11*255
9*716
705
-834
1*568
12*152
10*584
612
-956
791
11*791
11*000
647
-104
938
13*299
12*317
731
-207
717
11*729
11*012
610
-87
-542
13*846
14*388
64 1
1*183
1*272
19*284
14*012
683
-989
1*383
15*059
13*676
725
-658
1*260
16*102
14*842
823
-437
-329
14*888
15*217
676
1*005
1*303
16*134
14*831
693
-610
i.,296
15*773
14*477
783
-513
6
7
B
9
10
-711
50
51
— 4B6
273
-543
3*416
1*012
996
14 0
196
1*724
1*162
-412
-219
194
2*971
-117
411
60
1*134
2*659
96
-319
-127
1*889
3*794
-11
23
96
-493
-no
-695
327
1*425
-268
1*315
-97
50
1*067
158
1*385
-23
IB
-878
1*370
2*137
361
-259
-797
-624
359
562
467
-1*270
-452
1*080
234
198
-532
11
12
IS
14
19
365
309
71
-10
19
1*126
1*167
**464
181
42
-467
-841
-50
309
119
2*411
1*100
21 1
703
299
-381
-1*413
239
792
49
2*441
1*852
2
169
418
-807
-1*496
221
492
-24
1*972
1*748
227
-85
82
2*095
1*655
201
-87
326
2*661
2*553
140
387
-419
4*234
3*156
93
417
498
3*134
3*084
155120
-225
-174
3*426
1*245
-360
-1*677
173
171
OT H E R FINA N C I A L ASSETStl) 16
1*460
-1*954
— 1 91
942
-3*634
16
983
-478
1*532
-628
N E T I N C R E A S E I N L I A B I L I T I E S 17
O F F I C I A L U . S . F G N . E X C H A N IB
it
IB
761
-976
1*959
1*193
1* 5 6 1
498
2*419
936
1*521
109
1*905
689
3B3
*-487
1*583
-578
1*227
-1*055
767
-430
19
20
21
22
21
1*249
299
-265
1*291
4 92
1*002
16 0
11B
924
1*764
1*010
147
-129
812
BO
•89
911
-29
399
998
867
164
-98
601
549
592
506
-369
459
624
790
125
157
508
BO
480
178
-8
310
1*681
390
-106
-94
590
1*892
567
488
-40
119
630
1*177
317
— 284
1*144
284
934
860
-221
297
1*226
-260
-161
-1*221
-706
-96
-390
-995
-365
-61
-It!
-411
14
24
1/
MET F I N A N C I A L INVES T M E N T
NE T ACQUIS. OF FINAN. A SSET
G O L D ♦ SDR * S
U*S. OEM. DEP. ANO CURR E N
TIME OEPO S I T S
C R E D I T MKT. I N S T R U M E N T S
U.S. GOVT. S E C U R I T I E S .
U.S. C O R P O R A T E BONO*!'
U.S. CORPORATE SHARES
ACCEPTANCES
C R E D I T MKT. I N S TRUMENTS
SECURITIES
BANK L O ANS N.E.C.
OTHER LOANS
O T H E R L I A B I L I T I E S (2)
DISCREPANCY
Trade credit, security credit, foreign branch claims on U. S. banks, deposits at U. S. agencies of foreign banks,
direct investment in U .S ., and unallocated assets.
21 Mainly U.S. direct investment abroad. Excludes direct investment financed by foreign security issues.
3/ Excludes foreign security issues by U. S. corporations to finance direct investment abroad.
6
7
8
9
10
11
12
13
14
15
19
20
21
22
23
24
4 MAY 1971
MONETARY AND I NSURANCE R E S E R V E S
MONE T A R Y ANO INSURANCE
RESERVES
G O L D , O f f I C I A L F O R E I G N E X C H A N G E * T R E A S U R Y CtfKfttNCY. A N O I N S U R A N C E R E S E R V E S
♦ M I L L I O N S OF O O L L A R S I
11
U NAO JU ST ED
1/ 67
QUARTERLY FLOWS
IV/67
1/68
11
UN ADJ US TED QUARTERLY FLOWS
IV /68
1/69
1
1969
| III
GOLD ANO O F F I C I A L
IV
I
I
\
1970
I
II
III
IV
I
1971
I
F OR EI GN EXCHANGE HOLDINGS
I.
1
2
3
-5 1
I
-5 2
- 1,0 12
12
-1 ,0 2 4
-1 ,3 6 2
136
-1 ,4 9 8
137
137
0
-5 6
-5 6
0
11
11
0
695
695
0
97
-9 0 3
1,000
23
23
0
-3 6 1
-111
-2 5 0
-5 6 2
-1 6 8
-3 9 4
4
-7 0
-1 ,3 5 5
-1 ,3 6 0
185
145
-7 0
115
190
-35
10
2
-4 7
il.
•
GOLD ♦ S P E C IA L
DRAWING RIGH TS
- 2 3 4 U . S . GOLD STOCK AND SDR»S (11
U . S . G O V T . ( E X . S T A B . FUND)
-2 4 3
MONETARY A U T H O R I T I E S ( 2 )
9
MEMO— T O T A L WORLD GOLD
U. S.
STOCK
FOREIGN EXCHANGE P O S I T I O N
TO T A L
U .S .P O S ITIO N
5
-9 7 6
1 ,1 93
458
936
105
689
-4 8 7
-5 7 8
-1 ,0 5 5
-4 3 0
-4 7 8
-6 2 8
6
7
8
-1 ,0 0 7
-2 9 2
-7 1 5
1,145
329
816
401
463
-6 2
575
-2 0 5
780
73
75
-2
442
-5 4
4 96
-1 *016
-653
-3 6 3
-8 3 1
-3 3
-7 9 8
-818
-3 3 9
-4 7 9
-3 4
-2 4
-10
-4 6 9
-4 6
-4 2 3
-3 7 3
-1 4 9
-2 2 4
O F F I C I A L FGN . CURRENCY HLDGS
TREASURY
FEDERAL RESERVE
9
10
11
12
31
-2 9 8
-3 3 2
3
48
0
-5 0
2
57
-200
-2 5 4
-3
361
0
-3 5 7
-4
32
-9 6 8
- 1,00 0
0
247
244
0
-3
529
534
0
253
2 52
0
-2 3 7
-2 2 8
0
9
-396
-4 1 0
0
— 14
-9
11
0
20
-2 5 5
-2 3 5
0
20
NET IMF P O S I T I O N
C A P I T A L S U B S C R IP T IO N
L E S S - I M F NOTES
IMF D E P O S I T S AT F .
III.
13
14
15
213
172
41
86
43
43
224
163
61
<14
71
15
-10 1
147
32
47
-1 5
136
65
71
463
463
0
24
75
-5 1
71
88
-1 7
64
75
-11
R.
TREAS UR Y CURRENCY AND SDR C E R T I F I C A T E S
98 T O T A L U . S . G O V T . L I A B I L I T Y
114 MONETARY A U T H O R I T I E S ASSET
- 1 6 UNALLOCA TED AS SET
INSURANCE AND PE NS IO N FUND RESERVES
LIFE
INSURANCE R E S E R V E S - -
1
2
3
1 ,1 8 8
24
1,1 64
1,1 86
12
1,174
1,1 49
2
1,147
1,1 56
0
1 ,1 5 6
1 ,199
11
1,188
1 ,2 45
22
1,223
1*221
13
1,2 08
1,224
19
1,205
1,225
20
1 ,205
1,223
21
1,202
1,212
19
1,193
1,2 12
20
1 ,192
NET CHANGE IN L I A B I L I T I E S
U . S . GOVERNMENT
L I F E INSURANCE COMPANIES
1
?
3
4
1 ,188
1,186
1 ,149
1 ,156
1,1 99
1,2 45
1,221
1,224
1 ,2 25
1,223
1,212
1,2 12
NET
4
3 *5 24
-2 9
3,5 53
742
2*112
699
3 ,5 8 7
38
3,5 49
750
1 ,508
1 ,291
5,950
1 ,7 25
4,2 25
757
1,0 99
2 ,3 69
4 ,0 2 4
136
3,8 8 8
766
1,7 00
1,422
4 ,9 96
482
4 ,5 14
777
2,265
1 ,4 7 2
3,946
207
3*73 9
785
1,496
1,4 58
NET CHANGE IN L I A B I L I T I E S
U . S . GOVERNMENT
INSURANCE SECTOR
L I F E INSURANCE COMPANIES
P R IV A T E PE NSION FUNDS
S . + L . G O V T. R T R . FUNDS
5
6
7
8
9
10
3 ,524
3 ,5 8 7
5,950
4 ,0 2 4
4 ,9 96
3,946
NET
11
INCREASE IN AS SE TS
(H OU SE HOL DS)
PENS ION FUND RESERVES—
5
6
7
8
9
10
2 ,7 15
-5 2
2,767
608
1 ,4 7 8
681
3,9 49
218
3,7 31
683
11 8 14
1,2 34
3 ,1 0 4
42
3 ,1 42
706
1,4 60
976
3 ,9 13
34
3,879
737
1 ,895
1,2 47
2 *73 5
127
2 ,6 08
729
911
968
3,8 64
305
3 ,559
729
1*642
1,188
11
2 ,715
3,949
3 , 184
3 ,913
2 ,7 35
3 ,864
1/
2/
Excludes i n i t i a l a l l o c a t i o n of SDR's of $867 m i l l i o n i n J anuary 1970 and $717 m i l l i o n i n J anuary 1971.
Transact i ons i n SDR' s are i n l i n e 2.
Tr easur y gol d st ock.
INCR EAS E I N A S S E TS
I HOUSEHOLDS!
4 MAY 1971
MONEY AND D EP O SI TS
SUMMARY
MONEY AND D E P O S IT S
12
MONEY SUPPLY AND T IM E AND SAVINGS
( M I L L I O N S OF DOLLARS)
UN A D JU S TE D
1/67
SUMMARY
12
ACCOUNTS
QUA RTERLY FLOWS
IV/67
1/68
UNAD JU ST ED
I V / 68
1/ 69
I
1969
1 III
IV
|
1
1970
I
II
III
IV
|
|
QUARTERLY FLOWS
1971
I
DEMAND D E P O S IT S AND CURRENCY
1
2
3
4
5
6
7
8
-6 * 1 6 9
-5 ,6 8 3
-1 ,0 8 6
-4 *307
-4 8 8
-2 6 9
467
-4 8 6
13,059
12,463
6,488
2,654
800
985
1,5 36
596
-8 ,8 3 7
-8 ,4 2 5
-4 ,4 6 8
-1 ,4 8 8
-9 3
-9 2 0
-1 * 4 5 6
-4 1 2
14,654 -1 0 ,4 5 3
14,241 -1 0 ,1 3 4
9 ,242
-3 ,8 7 5
432
-3 ,5 9 1
1 ,4 19
627
879
-8 8 4
2 ,269
-2 ,4 1 1
-3 1 9
413
1 ,637
1 ,6 14
4 ,816
-1 ,0 4 7
-212
78
- 2 ,0 21
23
9
10
621
-5 ,5 4 8
-9 9 4
12,065
-5 1 0
-4 ,3 4 7
-4 ,0 0 2
-4 3 4
10*652 - 1 0 , 8 8 7
635
2,272
-1 ,1 4 2
11*967
11
L2
13
14
15
-5 ,5 4 8
205
551
-2 4
-3 2 2
12,065
1,3 77
226
10
1 ,1 4 1
-9 ,3 4 7
-710
-8 0 2
68
4
10,652 -1 0 ,8 8 7
1*126
-L 7 1
-353
12
16
-4 6
1,463
-1 3 7
2,2 72
-317
-2 4 8
-1 5
-5 4
11,967
2*240
326
-2 7
1*941
16
17
18
19
-5 ,7 5 3
70
-4 6 2
-5 ,36 1
10,68 8
- 1,220
566
11,322
-8 ,6 3 7
292
-5 0 0
-8 ,4 2 9
9,5 26 - 1 0 ,7 1 6
-3 ,6 4 9
-4 4 6
397
-2 7 3
12,778
-9 ,9 9 7
2 ,5 89
883
38
1,6 66
TIME
DEPOSITS
13*109 -1 1 * 1 6 9
12*782 - 1 1 * 2 1 9
4,774
-4*433
4 ,3 04
-4 * 5 4 9
1 ,513
-2
957
-4 8 1
1,2 34
-1 * 75 4
327
50
3*346
3,328
-1 * 0 8 9
1*124
811
284
2,198
18
1,7 67
2 ,0 26
3 ,159
1,600
-1 ,1 3 9
209
-1 ,8 0 3
- 2 59
1*429
-9 ,7 4 0
1*068
4 ,414
635
2*402
-6 7 0
-3 ,7 2 6
13*065 - 1 1 , 8 4 3
—9 ,7 4 0
-9 0 9
-211
85
-7 8 3
4,414
1,113
-3 1 4
-5 2
1 ,479
2*402
467
241
-4 5
271
1 3 , 0 6 5 - 1 1 , 8 4 3 NET IN C R . IN RANKING S Y S . L I A B 11
2,416
- 1 , 161
MONETARY A U T H O R I T I E S
12
-98
U . S . GO V T . CASH + HEP.
-248
13
-1 9
58
FOREIGN D E P O S IT S
14
-9 7 1
2,533
CURRENCY
15
9 ,727
-8 ,83 1
-1*468
1,640
354
-3 5
10*841 - 1 0 * 4 3 6
3*301
1 ,3 8 2
70
1,849
1*935
394
-214
1*755
10,649 -1 0 , 6 8 2
-5 7 2
-3 ,4 7 8
486
140
-7 ,3 4 4
10,735
13,735
13,268
5,8 78
2 ,1 54
1,543
1,2 0 1
2,4 92
467
MONEY SUPPLY
DO MESTIC SECTORS
HOUSEHOLDS
NO N F IN A N C IA L BUS INES S
S T A T E AND LOCAL GO V TS .
F I N A N C I A L SECTORS
MAIL F L OA T
R ES T OF THE WORLO
U . S . GOVT D E P O S IT S
NET I NCR. IN ASSETS
COMMERCIAL BANKS
U . S . GO V T. DEP.
FOR EIGN D E P .
OTHER
I
2
3
4
5
ft
7
8
9
10
16
17
18
19
AND SA VINGS ACCOUNTS
1
2
3
4
5
6
7
8
13*652
9,384
2 ,2 09
1,538
273
30
102
5 ,232
7,2 87
3,150
725
434
140
7
-8 6
1 ,9 30
8,676
5, 598
-1 8 7
488
-219
63
— 14
5,4 67
10,155
5,7 63
981
1,678
60
18
-10
3 ,036
2*791
-749
-3 * 5 9 8
-8 3 4
-127
-1 8
-3 9
3*867
-5*255
-5 ,4 8 5
-2 ,7 5 6
-3 ,1 1 8
96
-5 2
0
345
1,345
-6 5 9
-1 ,0 6 0
-352
1*425
-89
0
-5 8 3
5*462
4*0 09
115
1*714
1*067
-3 1
0
1*144
110,557
6*440
1*527
2*214
-8 7 8
22
0
3,555
20 *4 65
16,216
8 *06 3
2*7 48
-7 9 7
158
0
6*046
17,446
10,073
3*051
3 ,253
-1 ,2 7 0
20
0
5 ,019
9
10
11
12
13
14
4 ,266
203
1 ,5 3 2
2,533
2 ,3 22
211
4 , 137
426
1,055
2,656
2,423
233
3, 078
145
1,315
1 ,6 18
1*493
125
4,392
460
1*126
2*8 06
2* 6 7 4
132
3*5 4 0
3 59
1.252
1,929
1*6 86
243
230
192
304
-2 6 6
-5 6
-210
2*0 04
502
567
935
677
258
1*453
361
709
383
-3 0
413
4*117
488
868
2*761
2*785
-2 4
4 *2 47
233
1*094
2*920
3,083
-1 6 3
7,3 73
600
1,7 63
5,010
4,5 18
492
15
9,289
5 ,834
8*42 0
7*296
7*164
785
1*163
2*1 8 4
7*696
10,456
11,900
-8 ,1 1 7
-8 ,3 1 5
-3 ,8 5 6
-2 ,3 7 5
621
-5 7 8
-2 ,1 2 7
198
2 9 , 8 2 3 NET INCR EASE - TOT AL
16,847
AT COMMERCIAL BANKS - TOT AL
754
CORPORATE BUS IN ES S
247
S T A T E £ LOCAL GO VT S.
-5 3 2
FO REI GN HOLDINGS
80
U . S . GO V T .
0
MUTUAL SA VINGS BANK §
16,298
HOUSEHOLD
12,976
453
3,422
9 ,1018,492
609
28,665
AT
SA VINGS I N S T I T U T I O N S
C R E D I T UNIONS
MUTUAL SVGS. BANKS
SAVINGS + LOAN ASSNS,
HELD B Y : HOUSEHOLDS
C R E D I T UNIONS
MEMO - HOUSEHOLDS T O T A L
T IM E ♦ SVGS. ACCOUNTS
1
2
3
4
5
6
7
fl
9
10
11
12
13
14
15
4 MAY 1971
U . S . GOV T.
SECURITIES
U#S.
13
U .S .
UN AD JU S TE D
GO V T.
SECURITIES
GOVERNMENT S E C U R I T I E S MARKET SUMMARY
( M I L L I O N S OF DOLLARS!
QUARTERLY FLOWS
13
U N ADJ US TED QUARTERLY FLOWS
1
1969
1 III
1
1
1970
1
1
1971
I
1/67
IV/67
1/68
IV /68
1/69
1
2
3
4
1*874
1*056
207
849
11,140
8*939
339
8*600
6*700
5,2 31
-5 2
5,283
4*2 31
2*8 13
163
2*6 50
1*464
88
-111
199
5 ,8 8 1
4,8 48
-1 9 0
5,0 38
7 ,9 75
5,428
14
5 ,4 14
5,9 8 6
2 ,4 56
-2 2 7
2 ,683
-4 ,83 2
-5,890
-4 8
-5 ,8 4 2
9*252
7,4 45
131
7 ,3 1 4
10,715
8,875
425
8 ,4 50
-9 8 1
806
190
616
5
6
7
a
818
0
1*464
-6 4 6
2,201
47
1*214
940
1,469
-15
372
1 , 112
1*418
662
188
568
1*376
210
17
1*149
1,033
-1 9 3
-1 ,47 1
2 ,6 9 7
2,5 4 7
-6 1
-281
2 *889
3,5 30
536
-6 3 9
3,6 33
1,0 58
54
-5 4 0
1 ,544
1,807
250
-3 6
1 ,5 93
1*840
428
-52
1 ,4 64
-1 ,7 8 7
193
-8 9 4
-1 ,0 8 6
9
10
1I
12
I 3
14
1,874
412
969
1,565
-5 9 6
626
11,140
-7 5
-3 1 8
-3 2 0
2
2 , 196
6*700
-1 5
166
166
0
579
4*23 1
-2 4 1
-2 8
-2 8
0
-3 4 2
1*464
-2 8 1
-126
-127
1
-5 3 2
5 ,8 8 1
-2 0 8
-4 2 1
-491
70
39
7,975
-2 5 0
223
14
209
3,020
5,986
16
924
1 ,117
-1 9 3
-1 ,36 9
-4 ,8 3 2
-3
-1 2 6
-1 8 7
61
1 ,929
9,2 52
28
-7 2
-1 4
-5 8
2 ,2 61
10,715
-141
997
963
34
2*167
15
16
17
309
4 36
-1 2 7
1*167
1*063
104
-8 4 1
-9 7 5
134
1*180
607
573
-1 * 4 1 3
-1 ,4 2 0
7
1*852
2,077
-2 2 5
-1*496
-2*037
541
1 ,7 4 8
2,2 13
-4 6 5
1 ,6 5 5
931
724
2,553
2 ,6 97
-1 4 4
3*156
3*254
-9 8
18
19
20
21
-1 * 06 2
207
- 1*012
-257
4 *0 93
3 39
2*609
1,145
6*641
-52
6 *03 9
6 54
1*392
163
733
4 96
9*3 63
-111
7*966
1*508
6 ,4 07
-190
5 ,2 60
1,337
3*559
14
1*513
2,032
5 ,2 86
-2 2 7
2,962
2 ,551
-6 ,97 0
-4 8
-7 ,448
526
-9 8 6
131
-1 ,6 4 7
530
-4 * 66 4 -1 0 ,3 8 8
425
190
-4 * 3 8 1
-3 ,5 2 1
-7 0 8
-7 ,0 5 7
22
23
24
25
228
207
-1 7 4
195
1 ,6 7 7
339
635
703
3*564
-5 2
3*627
-11
-4 7 9
163
-6 8 1
39
5*937
-111
4,945
1*103
6 ,0 39
-1 9 0
5,7 86
443
3*1 14
14
1,599
1,5 0 1
5 ,3 94
-227
3,324
2 ,2 97
-3 * 6 5 5
-48
-4 ,78 8
1*181
2 ,2 64
131
1,164
969
- 4 , 160 - 1 7 , 4 3 3
425
190
-3 ,8 9 4 -1 0 ,7 1 9
-6 9 1
-6 ,9 0 4
26
27
28
-1 * 12 3
—677
-4 4 6
1*7 16
1*725
-9
2*389
2 ,0 13
376
1 *09 6
901
195
1,7 89
1*658
131
-1 ,2 1 9
-1 ,2 7 0
51
240
64
176
-276
-4 6 2
186
-1 * 8 7 9
-1 * 8 6 0
-19
-1 ,4 4 0
-1 ,3 8 6
-5 4
441
463
” 22
1,976
2 ,0 11
-3 5
CORPORATE N O N F IN .
D IR E C T
AGENCY ISS UES
29
30
31
-1 6 7
-161
-6
700
249
451
688
399
289
775
513
262
1*637
1,3 63
274
1,587
744
843
205
-150
355
168
100
68
-1*436
-800
-6 3 6
-1 ,8 1 0
-1*425
-385
-945
-9 5 0
5
5,069
5 , 187
-118
S TA TE + LOCAL G O V TS .
DIRECT
3GFNC-Y r S S UE S
32
33
34
1*068
624
444
3*797
2* 614
1*183
-1 * 4 8 9
-1 * 7 8 3
294
3 *2 02
2*471
731
-5 ,4 2 9
-5 ,0 7 6
-3 5 3
-1*352
-6 0 8
-7 4 4
2 ,8 69
2,058
811
-960
-1 ,27 7
317
-2*188
-2 * 1 7 8
-10
4*1 37
3*618
519
7, 997
5,6 00
2,397
1 ,526
-7 9
1 ,605
35
36
37
-448
-667
219
280
332
-5 2
1*659
1*123
536
-9 3 2
-1 * 3 6 4
432
-118
-620
502
-4 3 6
-1*084
648
50
96
-4 6
341
-3 0 5
646
871
326
545
1*331
601
730
1,203
911
292
2,5 04
-1 ,16 1
3,665
38
39
40
426
340
86
3
65
-62
1*101
841
260
45
38
7
964
641
323
34
-4 9 6
530
-383
-4 5 8
75
465
21
444
313
-6 6
379
396
-5
401
-20
-3 3 0
310
4 ,0 33
399
3,6 34
41
42
43
-2 8
— 183
155
-9 6
-8 0
-1 6
293
33
260
-317
-2 9 5
-22
278
84
194
-206
-1 7 5
-3 1
-3 4 8
-1 7 0
-178
51
-88
139
57
3
54
163
0
163
-7 7
-110
33
259
198
61
44
45
46
72
75
-3
-1 2 4
-112
-12
193
164
29
88
-7 5
163
-4 7
-6 0
13
-9 2
-5 0
-4 2
11
18
-7
11
1
10
-116
-130
14
125
117
8
-6 3
-4 3
-20
69
45
24
47
48
49
-3 8 9
-3 6 8
-21
-2
-3 9
37
-123
-116
-7
-2 7
-62
35
-20 0
-152
-4 8
-4 4 0
—460
20
47
-3 1
78
-135
-98
-3 7
-8 7
-1 0 8
21
236
146
90
22
10
12
-5 6
-2 7
-2 9
50
51
52
-191
-1 7 6
-1 5
-3 0
-5
-25
248
227
21
192
215
-2 3
50
57
-7
198
124
74
-4 0
-12
-2 8
-68
-1 3 2
64
45
-1 5
60
499
424
75
-7 9
-40
-3 9
38
38
0
53
54
55
-433
-4 5 0
17
-1 1 7
-1 4 3
26
27
54
-2 7
163
-1 0 9
272
24
-3
27
8
-8 9
97
-1 9 2
-2 0 6
14
-1 9
-4 5
26
-1 0 8
-125
17
-7
0
-7
-1 8 9
-1 8 5
-4
-1 4
11
-2 5
5*
57
58
59
-220
398
-9 2
9
2 27
-2
411
10
-4
-1 6
-66
6
-262
-777
-4 1
4
-172
-1 ,0 3 3
12
6
51
-254
2 58
7
-335
863
418
9
-199
425
-202
12
2*087
-1*535
200
15
-1*741
1*387
258
15
28
1 ,3 91
172
18
-28
-1 ,4 7 4
-3 4 2
19
60
-4 4 2
8 ,170
6*811
3*662
3 ,8 16
4 ,6 19
6* 4 7 8
4 ,6 67
-8 * 2 8 7
IV
I
11
III
IV
1
2
3
4
TOTA L NET IS SU ES
IN CLUDED IN PU B LI C DEBT
HOUSEHOLD SAVINGS BONOS
D I R E C T E X C . SAVINGS BONOS
OTHER
BUDGET AGENCY IS S U E S
LOAN P A R T I C I P A T I O N S ( 1 )
SPONSORED AGENCY IS S U F S< 2)
5
6
7
3
- 9 8 1 NET A C Q U I S I T I O N S , BY SECTOR
0
U .S .G OV ER N ME N T (AGE NCY SEC. I
275
SPONSORED C R E O I T A GEN CI ES
-2 3 3
D I R E C T MARKETABLE
508
FHLB S PE C IA L ISSUE
2,018
FEDERAL RESERVE SYSTEM
9
10
11
12
13
14
3,0 84
3 ,1 05
-21
15
16
17
FOR EIGN
S HO RT- TE RM MARKETABLE
OTHER
P V T . DO MESTIC N O N F I N .
18
SAVI NGS BONDS - HOUSEHOLDS 19
O IR E C T E X C . SVGS. BONDS
20
AGENCY IS SU ES
21
HOUSEHOLDS
SAVINGS BONDS
D I R E C T EX C . SVGS.
AGENCY I S S U E S
BONDS
BUSINESS
22
23
24
25
26
27
28
29
30
31
COMMERCIAL BANKS
O IR E C T
AGENCY IS SUES
32
33
34
P R IV A TE NONBANK FINAN CE
D IR E C T
AGENCY ISSUE S
35
36
37
S V G S . + LOAN AS SNS .
DIRECT
AGENCY IS S UE S
38
39
40
MUTUAL SA VINGS BANKS
D IR E C T
AGENCY IS SU ES
41
42
43
L I F E INSURANCE
D IRECT
AGENCY IS S U E S
44
45
46
N ON L IF E INSURANCE
DIRECT
AGENCY IS S UE S
47
48
49
P R IV A T E PE NSI ON FUNDS
DIRECT
AGENCY IS S UE S
50
51
52
S .+ L.G O V T.R TR .FU N D S
D IR E C T
AGENCY IS S U E S
53
54
55
IN V EST ME NT C O S .
(D IR E C T)
S E C .B R K R S .+ D L R S . I
■
)
A G . OF FGN .BAN KS (
« . )
B K S .IN TERR.* P O S S ,( » )
56
57
58
59
4 ,536
4 ,4 82
-6 ,3 5 8
MEMOS HELD BY P V T . DOMESTIC
(N O N F I N A N C I A L , BANKS* AND P V T . NONBANK F I N A N C E )
60
{ 1 ) WHERE NOT SHOWN S E P A R A T E L Y ,
LOAN P A R T I C I P A T I O N S
AGENCY IS S UE S
ARE
INCLUDED WITH
( 2 ) THESE IS S UE S ARE O U T S ID E THE BUDGET ANO O U T S ID E THE U . S . GOVERNMENT
SECTOR I N FLOW—OF —FUNDS ACCO UNT S.
THEY ARE INCLUDEO IN C R E D I T MARKET
DEBT OF F I N A N C I A L I N S T I T U T I O N S .
4 MAY 1971
P R IV A T E S E C U R I T I E S
P R IV A TE
ANO MORTGAGES
SECURITIES
AND MORTGAGES
PRIV A T E SECUR I T I E S AND MORT G A G E S
14
14
I M I L L IONS OF OOLLARSl
UN AD JU S TE D
1/67
QUARTERLY FLOWS
IV / 6 7
1/68
UN ADJUS TED QUARTERLY FLOWS
IV/68
1/ 69
STATE
1
1 ,4 68
1,716
1 ,418
3,310
2 *800
|
1969
1 III
IV
|
1
1970
I
AND LOCAL GOVERNMENT
1 ,2 75
956
II
III
IV
I
I
1971
I
SECURITIES
1 ,7 8 1
3,3 07
2 ,0 90
4 ,640
6 1,041
NET CHANGE IN L I A B I L I T I E S OF
S T A T E ANO LOCAL GOVERNMENTS
6 ,>041
25
-9
N ET CHANGE IN ASSE TS
S . + L . G O V T . , GE N.F UN DS
S . L .
G O V T . , R T R . FUNOS
2
3
4
1 ,4 6 6
8
-2 0
1 ,7 1 6
-2
-L 8
1 ,4 18
-4 0
31
3,310
22
-2
2,800
24
4
1 ,2 7 5
38
-12
956
150
-1 2 6
1 ,7 8 1
45
-2 3
3,307
170
-1 4 9
2 ,090
63
-4 4
4 ,6 40
134
-1 1 6
5
ft
7
8
1 , 480
-2 9 6
-1 ,32 7
2,484
-5
1, 736
-1 ,25 9
694
1 ,9 6 1
-2 4
10
316
38
1 *427
280
-410
1, 307
11
14
275
-50
3 ,290
-3 6 5
181
3,1 15
-10
194
261
-86
2,772
1,237
1 ,2 3 2
187
6
11
294
-1 9 5
1 ,2 49
632
596
-3 6 6
-2
41
326
22
932
-555
1 ,7 2 2
-532
10
-3 2
301
18
1 ,7 5 9
529
-3 2 1
1,041
1
22
283
204
3,286
-7 1 3
1 ,358
2,550
-2
-21
272
-1 5 8
2 ,071
-1 ,4 2 4
-498
3 ,453
5
43
261
231
4,622
126
844
3,069
0
20
250
313
6 ,,02 5
438
1 <>024
4,» 261
49
29
239
-1 5
OTHER
HOUSEHOLDS
CORPORATE BUS IN ES S
COMMERCIAL BANKS
MUTUAL SAVINGS BANKS
L I F E INSURANCE COS.
OTHER INSURANCE CO S.
F INA NC E N . E . C .
9
10
11
-50
351
323
12
1
2
3
4
5
ft
7
8
9
10
11
12
CORPORATE AND FOREIGN BONDS
1
2
3
4
5
3 ,8 1 1
3, 143
176
203
289
4,2 25
3 ,387
529
8
301
3 ,0 01
2 ,6 02
109
0
290
4 ,4 3 6
3,4 62
492
-I
483
3,992
3,437
195
44
316
3 ,5 3 1
2 ,788
329
0
41 4
3 ,1 9 1
2 ,5 44
564
-7
90
3 ,7 52
3 ,2 76
180
24
272
6 ,2 67
5 ,8 26
511
-7
-6 3
6 ,4 48
5 ,3 60
691
0
397
7,2 01
5,799
I , 162
3
237
7 ,331
6 , 100
500
0
731
NET IS S UE S
CORPORATE BUS IN ES S
F INA NC E COMPANIES
COMMERCIAL BANKS
RE ST OF THE WORLD
6
7
8
9
10
3 ,8 1 1
775
365
287
565
4,2 25
1 ,450
375
100
88
3,001
726
77
63
436
4 ,4 36
2 ,6 0 4
-4 7 2
108
307
3 ,9 92
975
1 ,204
28
215
3 ,5 3 1
2 ,2 49
198
-5 7
-66
3 ,191
1,682
202
-5 9
-2 9
3*752
2 ,821
61
0
225
6 ,2 67
2,6 07
-5
220
432
6 ,4 48
3 ,476
-2 7 2
0
223
7 ,2 0 1
3,0 82
12
451
548
7 ,3 31
3 ,173
-22
334
1 ,870
NET PURCHASES
HOUSEHOLDS
S TA TE ANO LOCAL GOVERNMENTS
COMMERCIAL BANKS
MUTUAL SAVINGS BANKS
6
7
8
9
10
11
12
13
14
15
2,098
8 83
368
687
160
2,546
1 ,2 5 6
78
998
214
2,3 15
1 ,2 9 5
337
421
262
1 ,901
9 87
19
623
272
1 ,5 6 5
850
-152
637
230
1 ,502
215
525
577
185
716
-1 0 3
150
4 70
199
1,629
448
319
653
209
2,3 81
432
172
1 ,566
211
1 ,996
150
482
970
394
2 ,1 57
507
626
668
356
2,174
1,00 0
395
530
249
INSURANCE
L I F E INSURANCE COMPANIES
P R IV A T E PENSION FUNDS
S . + L . G O V T . RT R. FUNDS
OTHFR INSURANCE C0MPAN1FS
11
12
13
14
15
16
17
-350
71
130
-464
-566
-5 0
-2 4 3
231
-230
235
-2 9 7
2
458
221
- 1,2 11
227
431
201
885
140
858
93
-3 5 3
155
FI NANCE N . E . C .
RE ST OF THE WORLD
16
17
CORPORATE
STOCKS
1
2
3
4
5
6
981
776
205
237
-2
-3 0
1 ,9 5 5
981
974
906
9
59
2 ,187
1 ,8 1 1
376
324
-5
57
988
1,539
-551
-5 5 6
-2 3
28
2 ,434
2,386
48
25
-2 5
48
2,6 37
1 ,1 3 5
1 ,502
1,407
3
92
3 ,5 03
1 ,2 05
2,298
2 ,276
-13
35
2 ,610
1 ,0 9 8
1 ,512
1 ,579
27
-9 4
1 ,9 9 7
484
1 ,513
1,548
8
-4 3
1,903
567
1,3 36
1 ,2 5 1
-6
91
2,710
236
2,474
2,391
3
80
2 ,118
589
1 ,529
1 ,4 0 0
0
129
7
8
9
10
11
12
13
14
981
-626
41
1,4 14
145
1 ,077
47
145
1 ,9 5 5
-i l l
57
1 ,7 9 0
356
1 ,140
103
191
2 ,1 87
740
58
1 ,702
317
1 ,0 05
110
270
988
-2 ,6 6 1
68
2,561
417
1,431
2 80
433
2,434
-3 2 2
60
2 ,5 0 6
465
1,461
278
302
2,637
110
58
1,846
270
1,116
75
385
3,503
-1 ,3 9 6
62
2,981
515
1,613
332
521
2 ,6 10
-5 3 9
65
2 ,6 67
560
1 ,2 94
339
474
1,9 97
-882
68
2 ,3 8 0
573
959
287
561
1,903
584
70
1 ,206
134
675
17
380
2 ,7 10
-2 ,00 3
73
3,4 60
717
1 ,6 9 8
323
722
2,1 18
-1 ,1 3 2
75
2 ,9 46
640
1,250
270
786
15
16
17
18
182
675
-493
-3 0
-1 6 2
-3 3 6
174
381
-6 2 2
-172
-4 5 0
309
317
776
-459
703
-5 6 2
-2 0 5
-3 5 7
752
454
606
-152
169
1,364
981
383
492
502
1,002
-5 0 0
-8 5
518
96
422
-8 7
-3 4 4
-431
87
387
693
442
251
487
109
4 70
-361
120
TOT A L
1
3,247
6 ,977
5,542
I
7
3
4
5
NET I S S U E S
OPEN-END IN V ES T ME NT COS.
OTHER SECTORS
CORPORATF BUS IN ES S
COMMFRCIAL BANKS
REST OF THE WORLD
1
2
3
4
5
6
7
NET PURCHASES
8
HOUSEHOLDS
9
MUTUAL SA VINGS BANKS
10
INSURANCE SECTOR
11
L I F E INSURANCE COMPANIES
12
P R IV A T E PE NSION FUNDS
OTHER INSURANCE COMPANIES 13
14
S . * L . GO V T . RT R . FUNDS
FIN A N C E N . E . C .
O PE N-E NO INVE ST MEN T COS.
BROKERS AND DEALERS
R ES T OF THE WORLD
15
16
17
18
MORTGAGES
7,715
6 ,222
7,0 12
6,649
4,052
6 ,204
7 ,5 21
8,005
6,561
-2 5 3
-12
-2 8 6
-2 5
-2 8 4
-1 7
290
-2 4
218
-2 6
408
-8
410
-20
TOT A L MORTGAGE C R E D I T
BORROWED BY—
SA VINGS+LOAN A SSN S.
U . S . GOVERNMENT
1
2
3
2
3
90
-1 3
118
-1 8
45
-1 8
22
-1 6
195
-1 9
4
5
6
7
8
9
10
3,170
1 ,9 96
304
870
433
291
146
6,8 77
4 ,0 5 6
296
2,525
519
845
1 ,161
5,515
3,982
286
1,2 47
572
120
555
7,7 09
4 ,389
294
3 ,0 2 6
342
1,017
1 ,667
6 ,0 46
4,3 48
307
1,391
533
366
492
7,2 77
3,824
324
3,1 29
4 19
1,292
1,418
6,960
4,265
328
2,3 67
257
719
1 ,3 9 1
4 ,353
3,015
332
1,006
371
599
36
5,9 38
2,523
337
3 ,0 78
516
1 ,3 4 0
1,222
7 ,3 29
2,919
343
4 ,0 67
476
1,6 28
1,9 63
7, 605
3,5 68
348
3,689
416
1,264
2,009
6,171
2,716
354
3 ,101
497
1,006
1,5 98
PR IV A T E N O N F IN . SECTORS
HOUSEHOLDS
N ON PR OFI T I N S T .
BU S IN E S S
FARMS
NONFARM NONCORPORATE
CORPORATE
4
5
6
7
8
9
10
11
12
13
14
15
3,2 47
162
2
225
378
6,9 77
460
22
302
684
5 ,5 42
546
14
3 47
827
7,715
258
10
203
385
6,22 2
530
3
132
713
7,012
724
-5
208
1,270
6 ,6 4 9
596
-5
232
1 ,7 6 2
4 ,052
753
-1
100
1,6 68
6 ,204
522
-1
69
1 ,3 2 1
7,521
566
0
78
1 ,255
8,005
177
1
104
1,095
6 , 5 6 1 FUNOS ADVANCED BY—
327
HOUSEHOLDS
S T . + L O C . G O V T S . , G E N FD S.
2
U . S . GOVERNMENT
-68
79
FNMA AND LAND BANKS ( 1 )
11
12
13
14
15
1*
17
18
19
20
21
2 ,4 80
136
1,2 66
486
7T0
10
5,509
1,523
3,087
2 ,3 20
758
9
3,8 08
1,095
2 ,271
1,712
549
10
6,8 59
1 ,9 1 1
3,4 56
2 ,4 87
960
9
4 ,844
1 ,419
2,9 39
2,210
722
7
4 ,8 15
1 ,2 38
2,929
2 ,4 0 9
515
5
4,0 64
822
2,409
1,6 24
779
6
1 ,532
108
820
630
183
7
4,293
397
2 ,8 30
2,337
486
7
5 ,622
1,004
3 ,844
3,3 15
522
7
6 ,6 28
857
4 ,6 6 7
4 ,0 0 6
654
7
6 ,22 1
861
4 , 607
3,8 38
762
7
22
23
24
25
26
27
1,1 06
860
76
165
5
-2 8
962
869
11
78
4
-6 3
610
457
5
145
3
-168
1,1 46
1 ,068
-10
87
1
346
487
409
12
64
2
-1
747
465
64
217
1
-9 9
763
694
80
-1 4
3
70
914
589
54
266
5
-3 1 0
881
549
6
319
7
185
489
375
-3 3
140
7
285
963
805
-8
160
6
141
502
300
20
175
7
251
28
-1 ,7 6 0
264
-117
233
72
1,527
1,349
456
491
289
90
- 9 2 5 1 1 ) MEMO: FHLB LOANS TO
S&L AS SNS . ( IN C L U D E D IN "O T H E R LOANS** CATEGORY!
PV T. FINANCIAL IN S T .
COMMERCIAL BANKS
SAVI NG S I N S T I T U T I O N S
S V G. + LOAN ASSN S. ( 1 )
MUT . SAVINGS BANKS
C R E D I T UNIONS
INSURANCE
L I F E COMPANIES
P V T . PE NSI ON FUNDS
S T .+ L O C . GOVT. R E T .F D S .
OTHER INSURANCE
FI N A N C E N . E . C
16
17
18
19
20
21
22
23
24
25
26
27
28
4 MAY 1971
MORTGAGES,
BY TYPE
MORTGAGES,
BY TYPE
MORTGAGE M A R K E T S §Y T Y P E Of MORTGAGE
( M I L L I O N S OF OOLLARSI
15
*
U N ADJ US TED
1 /6 7
QUARTERLY
IV/67
FLOWS
1/68
15
UN AOJ US TED QUARTERLY FLOWS
IV /68
1 /6 9
I
I
1969
III
IV
|
I
1970
I
II
III
IV
I
I
1971
I
HOME MORTGAGES
I
2
3
4
5
6
1 ,3 5 3
1 ,9 9 6
-3 6 0
-3 6 0
-13
90
4 ,076
4,0 56
-4 0
-4 0
-1 8
118
3,0 57
3,982
-476
-4 7 6
-1 8
45
4 , 20‘7
4 ,3 89
-9 4
-9 4
-1 6
22
3 ,5 66
4 ,348
-4 7 9
-479
-1 9
195
3,9 99
3 ,8 24
220
220
-12
-2 5 3
3,3 48
4,265
-303
-303
-2 5
-2 8 6
1,6 86
3,015
-5 1 4
-514
-1 7
-284
3 ,2 0 7
2 .5 23
209
209
- 2*
290
4 ,0 73
2.919
481
481
-2 6
218
3,896
3,568
-36
-36
-8
408
2,966
2,716
-7 0
-7 0
-20
410
NET CHANGE IN L I A B I L I T I E S
HOUSEHOLDS
NONFARM NONCORP. BUS INESS
CORPORATE BUS INE SS
U . S . GOVERNMENT
SAVIN GS AND LOAN ASSNS.
7
8
9
10
11
1 ,3 5 3
127
2
177
206
4 ,076
208
22
247
531
3,057
399
14
270
641
4,207
44
10
126
321
3,566
141
3
73
520
3,9 99
348
-5
19
1,143
3,348
-2 10
-5
14
1 ,7 21
1 ,6 8 6
411
-I
-7
1 ,5 2 7
3,207
12 2
-1
-29
1,062
4,0 73
25
0
-4 2
1,053
3,8 96
-170
1
-4 9
934
2,966
11
2
-122
-1 5 7
NET CHANGE IN AS SE T S
HOUSEHOLDS
S T A T E AND LOCAL GOVERNMENTS
U . S . GOVERNMENT
F E D . N A T . MTG. ASSN.
12
13
14
15
16
-20
804
316
478
10
890
2,315
1 .8 96
410
9
467
1 ,5 4 2
1 ,2 9 1
241
10
1 ,0 6 1
2 ,474
1 ,9 4 2
523
9
73 7
2,2 47
1 ,8 4 1
399
7
672
2,165
1 ,892
268
5
611
1,578
1,2 13
359
6
-7 9
407
344
56
7
239
1 ,9 7 5
1,6 89
279
7
434
2 ,7 71
2 ,498
266
7
327
3, 160
2,8 20
333
7
375
3,210
2 ,807
396
7
17
18
19
20
86
10
76
-2 9
-7 3
-8 4
11
-6 4
-1 1 4
-1 1 9
5
-1 6 2
-1 7 8
-1 6 8
-10
34 9
-1 3 1
-1 4 3
12
-2 4
-2 0 3
-2 6 7
64
-1 4 0
-3 9 6
-476
80
35
-2 3 3
-2 8 7
54
— 339
-3 1 0
-3 1 6
6
149
-4 1 4
-3 8 1
-3 3
246
-4 0 7
-3 9 9
-8
100
-5 5 9
-5 7 9
20
206
M ULTI-FAM ILY
RESIDENTIAL
1
2
3
4
5
6
7
8
9
10
11
BANKING
SAVIN GS I N S T I T U T I O N S
SA VINGS ANO LOAN ASSNS.
MUTUAL SAVIN GS BANKS
C R E D I T UNIONS
12
13
INSURANCE
L I F E INSURANCE COMPANIES
P R IV A T E PE NSION FUNOS
F IN A N C E N . E . C . ( M T G . C O S . )
17
18
19
20
co m m ercial
14
15
16
MORTGAGES
1
2
3
714
107
607
1,085
300
785
6ft7
167
500
1 ,113
178
935
917
162
755
1,174
212
962
1 ,5 4 2
637
905
1 ,0 3 7
-1 3
1 ,050
1 ,3 5 0
298
1 ,052
1 ,508
473
1,035
1,859
708
1 ,1 5 1
1 ,5 7 3 NE T BORROWING
614
CORPORATE BUS IN ES S
959
NONFARM NONCORP. BU SI NE SS
4
5
6
7
8
714
-145
60
-1
20
1 ,085
-6
83
0
100
667
-120
91
2
37
1,113
-68
97
2
112
917
27
62
2
124
1 ,174
-93
189
8
119
1 ,5 4 2
159
236
3
149
1,0 37
-1 5 0
110
22
62
1 ,350
-1 9 2
101
97
34
1,5 08
58
139
96
2
1 ,859
-28
154
75
1
1 , 5 7 3 NET CHANGE IN ASSE TS
HOUSEHOLDS
-7 3
U . S . GOVERNMENT
60
F E D . N A T . MTG. ASSN.
76
17
COMMERCI AL BANKS
9
10
11
250
159
91
414
137
277
355
124
231
454
174
280
421
158
263
425
103
322
409
134
275
307
63
244
579
107
472
669
102
567
816
83
733
808
147
661
SAVINGS I N S T I T U T I O N S
MUTUAL SAVI NG S BANKS
SAVIN GS ANO LOAN ASSNS.
12
13
365
165
41 6
78
157
145
429
87
217
64
309
217
600
-1 4
420
2 66
412
319
4 04
140
ft81
160
510
175
L I F E INSURANCE C O S .
S . + L . G O V T . PE NS. FU NO S
1
2
3
4
5
6
7
8
9
10
11
12
13
COMMERCIAL MORTGAGES
1
2
3
4
747
304
399
44
1 ,297
296
901
100
1 ,2 46
286
864
96
2 ,0 53
294
1 ,5 83
176
1*206
307
809
90
1 ,4 20
324
98ft
110
1 ,5 0 2
328
1 ,057
117
958
332
5ft3
63
1,131
337
715
79
1,464
343
1 ,009
112
1,834
348
1,3 37
149
1 ,5 2 5 NET BORROWING
354
HOUSEHOLDS
CORPORATE BUS IN ES S
1 ,054
NONFARM NONCORP. BU SI NE SS
117
1
2
3
4
5
ft
7
8
747
-2 4
-1
101
1,297
57
-4
455
l* 24ft
34
2
471
2,053
12
-I
737
1,206
138
-1
422
1,420
177
-1
454
1 ♦502
253
0
124
958
149
0
106
1,131
239
0
108
1,464
255
0
407
1 ,8 3 4
175
-I
402
1 ,5 2 5 N ET CHANGE IN A S SE TS
151
HOUSEHOLDS
U , S . GOVERNMENT
-1
357
COMMERCIAL BANKS
5
6
7
8
9
10
11
214
135
79
353
206
147
375
185
190
528
2ft3
265
27 0
164
106
340
145
195
425
289
13ft
113
71
42
282
106
176
402
152
250
675
222
453
583
213
370
SA VINGS I N S T I T U T I O N S
MUTUAL SAVIN GS BANKS
SAVIN GS ANO LOAN AS SNS .
12
13
451
5
431
4
367
3
779
1
352
2
408
1
662
3
556
5
459
7
354
7
536
6
383
7
L I F E INSURANCE COMPANIES
OTHER INSURANCE COMPANIES
FARM MORTGAGES
1
433
519
572
342
533
419
257
371
516
476
416
2
3
4
5
ft
7
204
-11
173
15
-2
34
201
-2 4
153
233
-1 6
184
12 0
-I
52
270
-1 9
ft2
1
0
28
224
-2
191
13ft
I
-1 7
292
1
119
-7
-1
15
394
-1 8
38
-6 2
-3
-9 2
343
-3
119
19
-7
-10 0
353
-3
162
16
-ft
-ft
228
-1 9
106
161
2
-2
200
0
86
127
16
-1 3
19
3
1 0 ft
497 NE T BORROWING BY FARMS
NET CHANGE IN AS SE TS —
HOUSEHOLDS
U . S . GOVERNMENT
F E O . LAND BANKS
COMMERCIAL BANKS
MUTUAL SAVINGS BANKS
L I F E INSURANCE COMPANIES
238
-5
160
112
6
-1 4
9
10
11
12
13
4 MAY 1971
CONSUMER C R E D I T
CONSUMER C R E D I T
AND BANK LOANS N . E . C ,
16
CONSUMER C R E D I T
■16
U NAD JU ST ED QUARTERLY FLOWS
U N AD JU ST ED QUARTERLY FLOWS
1/67
IV/67
AND BANK LOANS N . E . C .
AND BANK LOANS NOT ELSEWHERE C L A S S I F I E D
( M I L L I O N S OF OOLLARS)
1/68
1/69
I
1969
| III
|
|
IV
1970
II
H I
I
I
IV
1971
I
CONSUMER C R E D I T
1
- 2 ? 312
3 ,5 0 7
- I , 151
5 ,5 55
-1 ,2 4 1
2*013
4 *461
-2 * 7 7 1
2*8 44
1*365
2*895
-3 ,3 1 5
2
-1 ,3 5 6
- 9 56
2 , 161
3*706
1 ,8 4 9
-2 1 8
-1*023
2*269
-2 5 6
2 *813
1 ,346
-4 5 2
-6 9 9
I ,648
-1 * 50 7
-1 * 2 6 4
2*037
807
1*443
-7 8
1*019
1*876
-2 ,2 9 5
- 1,0 20
-2 ,3 1 2
- 1 1 3 56
-6 9
-616
-2 5 7
-4 6
-3 6 8
3 ,5 0 7
2 , 161
117
1,026
316
183
517
- I t 151
-4 5 2
-8 2
-7 2 0
382
43
-7 5
5,555
3,706
139
1 ,224
1,029
346
968
-1 ,2 4 1
-2 1 8
-7 8
-6 8 9
305
132
2*013
2*2 69
2 *813
22
130
195
877
424
751
1 *1 * 1
-2 * 7 7 1
-1 ,50 7
-8 5
-7 4 8
-3 4 9
-2 4
-301
2,844
2,0 37
4
30
1*023
551
429
1,365
1*443
28
255
1*072
440
-352
2*895
1 ,0 1 9
146
1*280
-1 5 6
136
-3 8 7
-3 * 3 1 5
-2 ,2 9 5
-5 2
r*820
-3 3 2
-93
-9 9 8
NET CHANGE IN A S SE TS
IN STA LM EN T C R E D I T
NONFARM NONCORP. BUSINESS
CORPORATE BU S IN ES S
COMMERCIAL BANKING
SAVINGS I N S T I T U T I O N S
FI NANCE COMPANIES
-956
-178
-8 0 1
-6 1
84
1 ,3 4 6
550
7 32
80
-16
-6 9 9
-5 3
-746
76
24
1.8 49
659
921
256
13
-1 ,0 2 3
-1 5 1
-872
-1 4
14
-2 5 6
-154
51
-1 4 9
-4
1 *648
-1 * 2 6 4
-2 2 8
-9 9 3
-5 7
14
807
119
504
162
1 ,8 76
NONIN ST ALM EN T C R E D IT
NONFARM NONCORP. BUSINESS
CORPORATE BU SI N ES S
COMMERCIAL BANKING
SA VINGS I N S T I T U T I O N S
3
4
5
6
7
8
9
10
LI
12
13
14
15
112
4 *461
512
271
759
671
957
18
2
-7 8
NE T
CHANGE IN L I A B I L I T I E S
(HOUSE HOL DS!
IN STA LM EN T C R E D I T
NONINS TA LME NT C R E D I T
22
48
57
19
1 ,0 4 1
143
24
- 1,0 20
-118
-9 9 0
44
44
T O T A L BANK LOANS AT COMMERCIAL
-3 ,1 9 9
BANKS, F/ F BA SI S
-20 2
668
BANK LOANS NOT ELSEWHERE C L A S S I F I E D
I
-2 ,5 7 2
10,265
-3 * 5 3 5
12*253
-1 ,5 3 5
-2 *089
U *640
-9 ,0 7 9
7 ,414
5*034
7*399
2
1,523
396
1*095
458
-1*944
-537
-9 3 4
419
1*911
1» 285
-853
340
712
-170
1*238
728
-1 * 37 9
-3 1 2
-4 3 4
184
-6 2
822
530
1 ,7 1 8
792
867
-2 9 1
216
108
-406
-1 *329
-6 4 0
-7 2 4
253
-169
1*004
1*129
1 *702
977
26 7
347
363
857
-1 3
2,4 43
726
358
-3 7 4
742
9
0
0
-2 2
0
1,4 19
291
-2 ,7 1 7
136
-240
421
-4 5
397
1 ,1 8 5
-1 ,489
9 19
8
136
-318
-430
1,093
290
635
168
0
0
0
0
0
0
10
11
12
-3 ,0 5 3
6,330
-2 * 60 7
9,570
0
10
0
0
0
0
0
-6 6 4
3 50
-2 * 3 6 4
1*549
7 *778
148
13
-3 ,0 4 3
6 ,330
-6*812
2 ,883
40
-3*889
6*402
1*225
50
7*677
14
15
16
17
18
19
-3 ,0 4 3
-742
300
-1 1 6
124
-2 6 5
-2 * 0 7 9
-265
6,330
2*137
-3 ,8 8 9
-1 ,00 6
272
-287
— 804
-169
-1 ,8 8 7
7*677
1*018
633
330
4*229
-5
1*566
-9 4
3
4
5
6
7
20
21
1,2 11
805
891
-3 5 7
271
0
398
3*925
130
-378
118
15
-2 ,59 2
-2 ,5 9 2
-778
300
-6 7 ,
-9 8 4
-103
-8 3 1
-1 2 9
-2 0 2
0
0
0
9,570
-3 1 4
-8 1 5
7 ,926
9*5 7 0
-314
-7 7 3
400
1 93
1*142
-8 1 5
-5 0 9
48
505
31
30
-5 5 1
-369
7 *926
1 *381
-2 7 2
542
4 *648
113
1 *357
157
2*011
-20 0
898
5*717
117
1 ,0 5 2
-2 5
-1 1 1
-1 * 06 7
-9 8
-8
668
60
191
0
222
-2 ,8 7 0
-9 0
-2 ,7 3 8
-2 * 7 3 8
-4 8 1
167
0
3*386
-2 * 30 2
0
1 ,0 84
1,0 84
1,3 11
-2 5 9
1
201
-2*751
-3 6
402
-4 0
533
135
-5 5 3
-2 8 4
LESS ? LOANS IN OTHER CA TE GO RI E S
861
MORTGAGES
-288
CONSUMER C R E D I T
- 1,0 2 2
SECURITY CREDIT
45
OTHER LOANS
-376
FIN A N C E C O , PAPER
162
OTHER COMMERCIAL PAPER
259
ACCEPTANCES
HYPO THE CA TED D E P O S IT S
0
-2 ,7 9 5
EQUALS* BANK LOANS N . F . C .
P L U S : LOANS BY BANK A F F I L I A T E
-175
LOANS RY F . R . BANKS
0
E
QU A L S : TOTA L BANK LOANS N . E . C
-2 ,9 7 0
- 2 , 9 7 0 . NET CHANGE IN L I A B I L I T I E S
-1 ,0 3 4
HOUSEHOLDS
FARM BUS IN ES S
459
-5 7
NONFARM NONCORP. BUS INESS
CORPORATE BU SI NE SS
-2*581
S V G S .+ LOAN ASSN S.
-1 5 2
F INA NC E COMPANIES
618
R ES T OF THE WORLD
-2 2 3
)?
13
14
15
16
17
18
19
20
?1
4 MAY 1971
OTHER LOANS
OTHER LOANS
17
OPE N-MARKET RARER ANO OTHER LOANS
(- M IL L I O NS OF DOLLARS)
*
UN ADJ US TEO QUARTERLY
1/67
IV / 67
FLOWS
1/68
17
U N AD JU ST ED QUARTERLY FLOWS
I V / 68
1/ 69
I
196 9
!1 I I I
IV
OTHER LOANS —
|
I
1970
I
II
III
IV
!
|
1971
I
SECTOR T O T A L S
1
2
3
4
5
6
7
8
9
10
11
3 ,6 8 6
375
445
170
1,542
10
-47
C
-- 1 , 7 6 0
1,700
1,251
1 ,7 3 0
293
-1 6 6
671
51
9
-4 6 1
0
264
545
524
4,6 84
401
187
318
1,496
57
26
0
-1 1 7
1,5 04
812
2 ,2 13
414
-213
641
18
115
-11
0
233
617
399
5,610
531
376
565
1 ,9 59
137
-2 8 3
200
72
1 ,4 5 2
601
8 ,0 0 0
1 ,0 19
12
84
1 ,9 4 3
66
0
1,2 56
1 ,527
1,638
455
6 ,6 55
759
-236
879
741
118
0
1,713
1 ,349
824
508
8 ,809
852
490
302
2,461
134
0
2,2 24
456
1 ,5 8 0
310
4 ,418
740
481
155
1 ,0 9 8
49
0
1 ,035
491
-221
590
-2 ,5 5 7
573
-1 8 6
3
826
194
0
-2 ,8 8 2
289
-1 ,4 9 3
119
787
397
-1 3 8
688
816
50
0
-2 ,2 3 7
90
-23
1,1 44
1,364
397
584
297
2 ,234
84
0
-6 5 7
-9 2 5
-9 4 7
297
N ET IN CREASE IN L I A B I L I T I E S
I
HOUSEHOLDS
2
3
FARM BU S IN ES S
NONFARM NONCORP, BUSINESS
4
CORPORATE B U S IN ES S
5
S T A T E AND LOCAL GOVERNMENTS
6
7
SPONSORED C R .A G E N C IE S
BANK A F F I L I A T E S
8
9
SA VIN GS I N S T I T U T I O N S
FIN A N C E N . E . C .
10
R ES T OF THE WORLD
11
12
13
14
15
16
17
18
19
20
21
3,686
1,800
1,516
■-1 , 4 4 2
-83
1.093
46
448
293
15
1 ,7 3 0
362
379
2 74
8
805
24
-4 6 0
296
42
4 ,684
930
1 ,1 55
178
-7 4
-537
62
422
2,433
115
2,2 13
350
677
144
-2 8
340
-7 3
-4 6
550
299
5,610
1,397
887
425
36
136
114
669
1 ,9 0 1
45
8,000
3,128
909
1 ,492
-4
-312
84
1,169
1,116
418
6,655
1,736
568
1,442
27
792
67
593
1,4 54
-2 4
8,8 09
5,3 67
984
933
-12
-6 4 0
170
950
975
82
4 ,4 18
1 ,5 9 7
741
853
-20
919
-4
546
-540
326
-2 ,5 5 7
-7 ,1 9 0
740
298
55
977
44
1 ,3 82
1,556
-4 1 9
787
-8 6 2
497
239
-3 0
726
-5 0
58
-2 8 9
498
1 ,3 64
-1 6 6
675
-3 9 6
81
45
252
526
572
-2 2 5
N ET INCREASE IN AS SE TS
CORPORATE BU SI NE SS
U . S . GOVERNMENT
SPONSORED C R E D I T AGENC IES
MONETARY A U T H O R IT Y
COMMERCIAL RANKS
MUTUAL SVGS. BANKS
INSURANCE
F IN A N C E N . E . C .
R E S T OF THE WORLD
12
n
14
15
16
17
18
19
20
21
OPE N-MARKET PARER
I
2,856
486
1,9 71
334
3,2 20
3,952
2 ,2 79
5,441
1 ,1 3 1
-3 ,8 4 1
-983
-427
2
1 ,4 8 4
538
1,0 21
769
1 ,382
l «888
2 ,114
3,723
1,279
-3 ,3 6 9
-2 ,3 4 6
-1 ,4 4 1
3
4
1,484
0
538
0
1,0 21
0
769
0
1,282
100
986
902
663
1 ,4 51
1 ,5 06
2 ,217
65
1,214
-1 ,0 2 6
-2 ,3 4 3
-2 0 5
-2 ,1 4 1
-8 3 8
-603
5
6
7
1 ,0 2 4
170
290
306
-659
891
1,809
146
-934
361
-3 0 4
712
1,3 47
275
-2 4 0
2 ,0 14
30 8
-434
1,2 95
-4 8
867
4,2 07
240
-7 2 4
710
-9 9
668
-4 ,5 2 4
888
267
-2 ,41 1
-2 9 3
358
-1 ,2 7 3
208
-376
8
1 ,2 7 1
-2 2 3
931
-5 3 6
1,8 02
1 ,7 12
-5 4
1,817
-6 4 5
-4 7 1
153
899
9
10
11
1 ,0 5 5
216
0
-2 3 0
7
0
448
483
0
-3 8 4
-152
0
1,532
170
100
706
652
354
-4 7 7
161
262
1,736
74
7
-180
-2 8 6
-179
535
-467
-5 3 9
67
182
-96
1 ,062
-109
-5 4
12
13
14
776
-140
635
56
78
-357
-879
1 ,3 9 1
419
-11
-3 2 3
-20 2
50
1,331
421
1,1 14
414
184
441
-204
-291
1,160
40 4
253
887
-1 ,5 9 2
60
- 2 ,66 6
1,848
347
1 ,549
- 1,022
-3 7 4
1,1 07
-3 7 0
162
15
101
171
19
101
36
352
219
-9 9
497
1,2 10
115
16
17
18
19
88
13
7
6
84
87
44
43
-22
41
21
20
109
-8
-4
-4
-77
113
57
56
-9 4
446
223
223
196
23
12
11
-126
27
14
13
244
253
127
126
-2 3 1
230
115
115
910
300
150
150
61
54
27
27
20
21
22
23
1
15
-83
168
-1 5 0
42
8
271
0
115
-7 4
-22
0
299
-2 8
-170
0
45
36
-4 5
0
418
-4
-6 2
0
-24
27
216
0
82
-12
-1 6 9
0
326
-20
191
0
-4 1 9
55
363
0
498
-3 0
742
0
-2 2 5
81
2 59
- I
OPEN
market
P A P E R -T O T A L
D I R E C T L Y - P L A C E D P A P E R -T O TA L
L I A B I L I T I E S OF;
FIN A N C E COMPANIES
BANK A F F I L I A T E S
A S SE TS OF*
N O N F IN . CORPORATIONS
L I F E I NSURANCF COS.
COMMERCI AL BANKS
D EA L ER -P L AC E D P A P E R -T O T A L
L IA B IL IT IE S OF;
N O N F IN . CORPORATIONS
F IN A N C E COMPANIES
BANK A F F I L I A T E S
A S SE TS O F :
N O N F IN . CORPORATIONS
INV EST MENT COMPANIES
COMMERCI AL BANKS
BANKERS* A C C E P T A N C E S - T O T A L
L I A B I L I T I E S OF:
REST OF THE WORLD
N O N F IN . BU S IN ES S
NONCORPORATE
CORPORATE
A S SET S O F :
A G E N C IE S OF FGN.BANKS
REST. OF THE WORLD
FEDERAL RESERVE
COMMERCIAL BANKS
I
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
OTHER TY RE S
1
2
3
432
30
4 02
368
209
159
1,0 42
100
942
873
492
381
4
1 ,5 03
368
1 ,1 44
5
6
7
8
9
10
11
84
200
14
79
10
-4 7
1 ,163
83
-5 4
272
79
9
-4 6 1
4 40
114
-1 6
43
86
57
26
834
12
13
14
19
-1 ,4 4 2
73
245
-1 ,7 6 0
274
122
-112
264
16
IT
18
291
13
278
19
46
28
0
570
254
336
702
-3 0 1
1 ,003
1 ,658
493
1 ,165
571
-8 0
651
1 ,0 5 2
-1 3
1,0 65
-2 9 2
-415
123
733
226
507
942
-1 6 2
1,104
668
873
879
548
960
720
723
490
$57
147
-2 6
128
25
115
-11
2 90
123
109
74
35
137
-283
678
128
38
87
11
66
0
549
98
-1 8 2
160
42
118
0
312
118
121
90
61
134
0
436
74
28
136
87
49
0
346
62
-8 7
151
53
194
0
350
39
-114
189
92
50
0
234
61
17-8
57
41
84
0
2 36
178
92
203
-1 1 7
144
98
-1 8 7
233
425
86
267
72
1,4 92
-9
-2 6
1,527
1,442
147
-54
1,349
933
108
369
456
853
-91
453
491
298
108
-9 9
289
239
173
-2 4
90
-3 9 6
123
40 6
-9 2 5
21 0
11
199
287
11
276
267
9
258
408
14
394
891
30
861
661
20
641
734
24
710
6 66
21
645
511
17
494
358
7
351
336
18
318
24
62
-7 3
114
67
170
-4
44
-5 0
252
0
0
0
0
84 .
0
0
0
0
0
0
FIN A N C E p O . LOANS TO BUS IN ES S
L I A B I L I T Y — NONCORP. BUS.
CORP. BUS .
1
2
3
U . S . G O V T . LOANS
L I A B I L I T I E S OF:
HOUSEMOLDS
FARM BU S IN ES S
NONFARM NONCORP. BUS*
CORPORATE BU S IN ES S ,
S T A T E ♦ LOCAL G O V T S .
SPONSOREO C R .A G E N C I E S
R E S T OF THE WORLD
5
6
7
8
9
10
M
SPONSORED C R E O I T AGENCY LOANS
NONFARM NONCORP. B U S . ( B C )
FARM B U S IN E S S ( F I C B )
SV GS . ♦ LOAN ASSN S. ( F H L B )
12
13
14
15
P O L I C Y LOANS (HSHOLD L I A B , )
A S SE T S U . S . GOVT.
L I F E IN S U R . COS.
16
n
18
MUTUAL SV GS . BANKS LOANS T O
NONCORP. BU S IN ES S
4
19
HYPOT HEC AT ED D E P O S IT S IHSHOL DS L I A B . 1
0
A S SE T-C OM ME R CI AL BANKS
2Q
4 MAY 1971
S E C U R IT Y C R E O I T * TRA DE C R E O I T ,
AND TAXE S
18
SECURITY C R E O IT ,
TRADE C R E O I T ,
ANO TAXES
S E C U R I T Y C R E D I T , TRADE C R E D I T , ANO TA XE S PAYABLE
( M IL L IO N S OF DOLLARS)
UNA D JU S TE D QUARTERLY FLOWS
1/67
IV/67
UNADJ US TED QUARTERLY FLOWS
I
1969
I III
1/68
IV
|
I
II
III
IV
I
1
1971
I
S E C U R IT Y C R E D I T
430
257
- 200
457
2 .7 85
1 ,3 3 9
233
1 ,106
-2 ,7 9 3
-1 ,0 6 0
-2 9 0
-7 7 0
971
1,5 61
387
1.174
-4 ,8 0 2
-1 ,24 1
378
-1 ,6 1 9
-3 ,2 2 7
-1 ,39 0
173
-230
-1 4 5
548
1 ,446
978
69
399
-1 ,7 3 3
-1 ,6 5 4
-5 9 0
-1 ,24 0
-3 ,5 6 1
-3 ,0 9 5
-1 ,8 3 7
-1 ,2 7 9
-7 9
6 50
-466
-5 5 8
430
523
25
-4 3 0
2 .785
358
41
-2 ,7 9 3
-119
40
-1 ,9 4 4
971
482
168
-8 5 3
-4 ,8 0 2
-3 8 3
-8 3
-2 ,7 1 7
-3 ,2 2 7
-4 5 9
-9 9
-1 ,3 7 9
1,175
1,106
69
-7 7 0
-770
1.174
1.174
-1 ,6 1 9
-1 ,6 1 9
-1 ,2 9 0
-1 ,2 9 0
15
312
457
-145
I
2
3
4
-1 ,7 5 3
90
506
-4 5 0
909
110
-3 4 9
-1 ,8 1 2
-1 ,1 4 1
115
429
-1 ,2 6 6
1 ,048
126
-4 6 6
-1 ,4 5 8
2,035
128
439
-1 7 4
9,680
133
-234
1,5 63
5
6
7
8
-1 ,97 2
146
-1 7 2
99
1 ,8 4 2
155
458
505
-5 9 3
155
-2 6 2
281
2.371
143
326
6
1,352
131
-2 7 4
433
9
10
11
12
13
1 ,6 5 3
90<S
497
66
184
1 ,1 6 4
974
93
76
21
2,926
2 ,512
227
71
116
2,340
1,850
105
85
300
-255
-4 ,0 6 7
-1 .2 9 2
10
u
12
13
14
1,211
0
0
0
0
2.411
?91
-1 5 6
447
* 2,9 29
>1,40 4
—202
■1 , 2 0 2
-2 ,7 8 2
-1 ,0 7 8
-260
-8 1 8
2 ,0 33
239
157
82
3,035
361
-1 7 5
536
561
1,5 79
281
1 ,2 9 8
NET CHANGE IN L I A B I L I T I E S
CUSTOMFRS
S E C U R I T Y LOANS FROM BANKS
CUSTOMER D E B I T BALANCES
2 ,1 2 0
246
•1,525
•1,127
0
-398
-1 ,7 0 4
-1 ,22 9
0
-4 7 5
1 ,794
1,5 45
0
249
2,674
2 ,618
0
56
-1 ,0 1 8
-1 ,3 0 3
0
285
BROKERS ♦ DEALERS
S E C U R IT Y LOANS FROM BANKS
FROM AG. OF FGN . BANKS
CUSTOMER C R E D I T BALANCES
2.411
279
-33
1 ,718
■2,929
-3 3 2
-66
1*329
-2 ,78 2
-441
-3 4
-1 ,48 9
2,033
292
-4 3
I ,7 0 2
3 ,0 35
-2
58
2,443
561
299
-1 4
- 1,0 22
447
447
•1 , 2 0 2
■1 , 2 0 2
0
-818
-8 1 8
0
82
82
0
536
536
0
1 ,2 9 8
1 ,298
0
1,230
134
-294
-4 ,1 1 6
718
136
466
-4 6 8
2 ,1 69
137
648
463
4 ,3 14
140
-202
57
-1 ,5 3 5
141
-6 5 2
-1 ,3 3 8
-2 ,1 3 5
144
345
-1 ,0 1 8
8,268
115
-1 0 3
-6 2
4 ,9 53
121
129
303
43
125
-1 2 4
540
951
126
-2 7 5
119
4,3 20
127
-1 5 1
23
163
129
-28
50
-1 ,9 8 7
130
-3 7
288
5,249
4 ,5 9 1
436
96
126
7,396
6,744
263
112
277
1 ,175
906
-133
106
296
4,548
4 ,4 4 9
-168
1 02
165
2,408
2,0 98
-1 9 4
100
404
2,7 2 0
2,5 22
-1 6 2
100
260
-2 ,50 6
-2 ,8 8 1
-253
97
531
822
773
-2 0 6
97
-3 ,2 1 4
2 ,2 84
55
-3 ,83 0
-239
1 ,5 94
971
-2 ,9 5 7
1 .174
1 ,0 6 0
-5
15
3
38
36
12
15
3 ,087
2 ,653
0
150
25
125
37
47
50
T O T A L TAXES PAYABLE
N ON F IN A N C IA L CORPORATIONS
FEOERAL RESERVE
COMMERCIAL BANKS
SV G. ♦ LOAN AS SNS .
L I F E INSURANCE COMPANIES
OTHER INSURANCE COMPANIES
FI NA N C E COMPANIES
BROKERS .♦ DEALERS
T O T A L TA XE S R E C E IV A B L E
U . S . GOVERNMENT
S T A T E ♦ LOCAL G O V T S .
0
0
-100
-1 ,2 9 0
0
0
1,874
0
0
NET CHANGE IN ASSE TS
HOUSEHOLDS
FOREIGN
COMMERCIAL BANKING
FI N A N C E N . E . C .
BROKFRS ANO DEALERS
AG. OF F GN . BANKS
TRADE C R E D IT
14
-3 ,4 0 6
P R O F IT
1
2
3
4
5
6
7
8
9
-9 8 3
-1 ,41 5
-3
135
14
211
79
-4 2
38
1 ,5 8 8
1 ,5 6 8
25
17
1
-3 1
-3
5
6
2 ,467
2 , 167
2
10
11
12
-1 ,0 9 7
-1 ,2 2 7
130
13
114
158,
986
686
8
108
12
87
43
23
19
572
611
25
-3 2
-2
-2 5
-1 8
29
-1 6
1,988
1,358
-2
398
27
173
44
21
-31
-3 ,44 5
-2 ,85 2
24
162
30
43
50
2 ,7 73
2 ,370
—2
135
19
163
32
46
10
-11
1 ,883
1 ,495
8
173
14
99
32
35
27
2 ,519
2,387
132
3,0 61
2,525
536
2 ,471
2,371
100
1,935
1 ,5 43
392
1 ,521
1 ,485
36
2,2 53
2,125
128
1,694
1 ,476
218
-4 ,3 0 2
-4 ,3 6 9
67
2,0 38
2 ,0 6 1
-2 3
1 ,8 74
1 ,7 94
80
2 ,812
2 ,6 12
200
-931
-5 9 4
-6 4 7
838
-535
-1 ,6 8 1
294
857
-1 5 5
-7 0 0
275
PROPRIETORS*
EQUITY I N
-11
-2 5 8
-28
-1 9 8
-4 7
-4 0
)
NET CHANGE I N ASSESS
CORPORATE HUS IN FSS
U . S . GOVERNMENT
INSURANCE
FO REIGN
DISCREPA NCY
fl-9 1
UNALLO CA TED
NONCORPORATE BUSINESS
1
-9 9 2
-8 4 6
— 681
-6 1 1
-9 4 7
-8 8 3
-4 6 3
-5 7 4
-6 1 ?
-642
-5 1 7
-—9923
23
2
3
-2 1 3
-709
-219
-6 2 7
-6 3
-6 1 8
97
-7 0 8
-4 2
-9 0 5
11
-8 9 4
302
-765
370
-9 4 4
382
-9 9 9
362
-1 ,0 0 4
374
-891
308
-1 ,2 3 1
,
CORPORATE BUS IN ES S
S T A T E AND LOCAL GOVERNMENTS
U . S . GOVERNMENT
FOREIGN
T A XE S PAYABLE
1,824
1 ,902
3
-4 3
-1
14
-4 0
15
-2 6
-u
NET CHANGE IN L I A B I L I T I E S
HOUSEHOLDS
FARM BUS IN ES S
NONFARM NONCORP. P( S I Nt
(P A Y A B L E S L ^ S S R F >. F * VAHi.
T O T A L HOUSEHOLD IN V ES T M EN T
1
2
3
4
5
6
7
8
9
10
12
11
4 MAY 1971
MIS CELLANEOUS
MI SCELLANEOUS
I
I
MISC ELL ANE OUS F I N A N C I A L CL AI MS
C H IL L IONS OF DOLLARS!
UNADJ US TED
1/67
1
-1 8 4
3
962
449
428
U N ADJ US TED QUARTERLY FLOWS
QUARTERLY FLOWS
IV/67
|
1969
| III
1/68
5,9 91
ll\
1,891
04
780
403
-6 0
ou
373
-1 ,1 8 1
0
909
2J0
-222
225
479
1,3 26
-2 7
-172
4,841
89
887
-1 9
-7 3
17
-136
*-»v
3 ,3 86
0
-1 ,0 6 4
l , ; i8
6 ,2
79
482
14
15
,6
S
18
19
20
21
22
23
1 ,6 0 3
36 1
59
L
1,3 94
-1 1 2
-5 0 8
-4 3 0
723
II
IX
44
,0 3
-3 6 2
25
3 ,770
377
6A
io i
588
— 21
184
1 ,1 99
266
78
346
88
480
3,055
427
73
ill
967
—6
-7 9
29
-66
124
66
73
1,304
U 32
1 ,6 6 1
478
135
135
176
— 12
-155
1 ,215
5
176
118
-5 0
-6 4 4
84
77
4
5
5
T
ft
9
7 1
1
-3 ,3 4 3
o
866
fj*
}°
2
13
26
^
28
-1 ,7 8 7
1,326
-4 5 6
191
3
■*
2 ,9 27
0
-931
i0
- 1 , 164
2 ,2 2 1
3 *18 0
9,3 22
1970
I
II
III
424
107
12
200
*■
5,625
400
925
2 l7
84Z
251
231
77
-1 0 6
-166
760
382
638
279
318
66 8
785
2,816
5 ,493
4 ,3 53
120
* 93
91
437
1,818
768
-2 6 7
-1 0 7
122
368
252
528
- - - -277
63 ------------------275
_
___
___
2 ,4 45
-3 0 3
-9 8 6
-1 ,4 8 2
784
168
-939
863
6
39 5
l97
570
, 7T
894
925
689
-2 6 0
75
-204
1,199
1 ,8 1 1
11,134
579
99
152
4 ,747
— 110
-2 1 0
1 ,9 53
107
369
-6 2
-5 5
3 ,3 83
182
3,6 95
-1 5
108
175
1,737
— 22
109
801
-536
173
-1 8 6
12
1,067
272
-1 ,6 3 9
662
106
175
-1 ,2 7 3
115
41
-1 ,8 3 1
104
547
206
36
-623
96
6 ,9 24
587
104
176
2*533
453
49
4 ,372
433
191
-165
45
-1 ,7 7 6
-7 8
2*511
61 4
110
181
-223
—6
89
1,4 03
847
-86
-12
39
-1 9 7
-2 4 8
4,455
-1*431
1*842
88
4,391
90
I
|
IV
666
696
-1 ,8 1 2
I
I
IV
807
90
281
250
252
-3 5 4
. .A ,
-2 ,3 0 7
-5 6
745
270
936
114
586
“ 2,071
3,7 52
629
106
178
63 9
362
15
1 *4 66
631
130
-1 1 2
38
-46
-2 8 4
-1 ,6 3 7
633
115
178
721
186
105
-6 2 7
1,0 28
335
64
40
-4 ,22 3
-192
88
275
274
1 ,0 60
-f t,
401
,
-4 .7 5 8
-3
-9 1 6
322
928
100
158
-4 3 4
-2 ,9 4 5
1971
I
5,6 11
TOTA L•£ * * *. ! C I T I E S
87
HOUSEHOLDS
-1 ,6 5 2
CORPORATE BU S IN ES S
1,807
U . S . GOVERNMENT
I f 026
SPONSORED C R . AGEN CIES
u
n u C T AD V AIITUHQ
- -ah'*
482
MONETARY
A U T H O RI ITT If EPSC
1 / rc
r n u u c u r i i i BAMi/C
1.655
'?[■ . ? « < S
93 2
BANK A F F I L I A T E S
790
SAVIN GS I N S T I T U T I O N S
223
L I F E INSURANCE COMPANIES
949 N O N L IF E INSURANCE COMPANIES 11
-6 4 1
F INA NC E N . E . C .
917
R E S T OF THE WORLD
6 ,4 11
654
105
182
3 ,9 02
5
134
1 ,9 2 1
1,658
237
-32
37
-2 ,0 9 8
-294
-8 0 0
TOTAL ASSETS
HOUSEHOLDS
FARM B U S IN ES S
NONFARM NONCORPORATE BUSINE
CORPORATE BUS IN ES S
SPONSORED CR. AGENCIES
U . S . GOVERNMENT
COMMERCIAL BANKING
SAVINGS I N S T I T U T I O N S
L I F E INSURANCE COMPANIES
P R IV A T E PENS ION FUNDS
S . + L . G O V T . R T R . FUNDS
R ES T OF THE WORLD
BANKS IN T E R R .A ND POSS.
unallocated
IA)
29
-624
182
679
30
-295
412
-8 2
31
32
33
34
-3 8 1
30
-441
30
151
-2 9
144
36
-1 9 0
9
-130
-6 9 ,
35
-3 6
-1 9
0
-1 ,4 3 3
3*582
1*080
-1 ,3 1 3
-1 ,0 9 4
-7 2 2
15
323
523
-2 5 3
250
-3 4
53
-3 1 0
-6 4
-231
-1 5
37
-75
59
53
-184
-2 1 5
-1 6
47
-167
-43
-1 8
-1 0 6
72
17
40
15
-3 4
99
0
0
0
0
0
0
0
-1 ,0 6 5
-2
-2 1
- 3 ,5 8 2
DEP.
323
COML.
-3 ,1 5 4
AT AG. OF F G N .
-427
215
76
-10 1
11
-179
35
43
811
1,0 03
86
163
591
682
-254
1 ,336
581
^1 0 8
99
70
37
64
112
251
41
246
152
270
459
103
216
38
-6 7
40
49
27
21
50
57
67
49
49
39
454
114
-1 2 9
147
-1 5 6
-3 8 7
150
-5 5
347
6
40
4*
32
19
43
25
69
113
65
38
90
0
2
-8 3
-148
63
0
0
0
0
0
0
0
0
3
3
9
2
10
22
57
2
8
4
9
34
2
10
19
-7
80
7
4
22
22
20
42
43
44
45
10
18
1
1
6
2
2
3
12
39
9
5
6
8
14
28
17
13
13
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
net
D E P O S IT S
BANKS { F I N A N C E N . E . C . L I A B . )
A S S F T - R E S T OF THfc WORLD
FOREIG N CURRENCY EXC EPT O F F I C I A L 147
L I A B I L I T Y - r R E S T OF THE WORLD
-2 5
ASSETCORPORATE BUS IN ESS
100
U . S . GO V T.
72
COMMERCIAL BANKS
PO ST AL
0
1*317
^
9
10
BANK L I A B . TO FGN . BRANCHES
A S S E T - R E S T OF THE WORLD
SAVING S D E P O S I T S ( U . S . G O V T .
0
A SSF T - HOUSEHOLDS
(B)
36
,
1
2
3
4
5
L IA B .)
EQUITIES
D I R E C T FGN . INVE ST MENT BY U . S . C O R P .
771
L I A B . - R E S T OF THE WORLD
O I R E C T IN V ES TM EN T I N U . S .
227
A S S E T - R E S T OF THE WORLD
U .S .
34
G O V T . E Q U I T Y I N IB R D , E T C ,
L I A B I L I T Y - R E S T OF THE WORLD
D E P O S IT S AT FHLB < S . + I . A S S N S . A S SE T!
991
1 ,095
L I A B I L I T Y — SPONSOREO C R . A G S .
2
8
61
37
0
4
9
22
2
E Q U I T I E S IN U . S . G . C R . A G E N C I E S
U,S. GO V ER N ME N T
P R IV A T E
42
NONFARM NONCORP. ( B C )
43
FARM B U S . I F I C B ♦ F L B I
44
S V G S . ♦ LOAN A S S N S . ( F H L B !
CORPORATE B U S .( F N M A !
45
4 MAY 1971
M I S C E L L A N E O U S II
M I S C E L L A N E O U S II
MISCiLtANfOUt FINANCIAL C L A I M
( M I L L I O N S OF
20
( C O N T I M O EDI
20
U N A D J U S T E D Q U A R T E R L Y FLOWS
UNADJUSTED QUARTERLY FLOWS
1/67
IV/67
I/6«
IV/60
1/69
I
1969
1 III
|
1
IV
1970
I
It
III
I
I
IV
1 971
I
(Cl
1
77
71
84
89
88
90
120
93
91
LIFE
INSURANCE CLAIMS
O E F E R R E D A N D U N P A I D P R E M I U M S ( L I F E INS. A SSET)
LIABILITY - HOUSEHOLDS
87
88
90
LIFE C O M P A N Y R E S E R V E S ( H O U S E H O L D S ASSET)
LIABILITYLIFE INSURANCE
270
273
ACC I D E N T AND HE A L T H
132
1 28
POLICY DIVIOEND ACCUM.
1 46
145
1
2
2
3
4
203
84
119
194
78
116
209
80
129
225
•9
136
231
94
13 7
243
104
139
249
168
141
2S4
1 12
142
250
115
1 43
264
120
144
5
6
7
8
9
497
159
95
49
194
524
169
98
55
202
57 2
182
10 9
63
21 8
692
228
13 3
78
253
042
258
149
87
348
310
303
173
10 0
-250
977
296
171
97
413
094
294
171
94
333
925
290
175
96
356
936
299
176
96
365
928
296
176
96
360
10
-1.787
2,221
-1.164
3,180
-1,012
494
4,495
-1,411
»842
-2,945
-434
-800
11
12
13
14
15
16
17
18
19
20
-919
898
26 5
2 20
-58
866
-229
73
-138
-97
21
22
-1,231
3,188
1,214
1 96
-633
58
-931
3 37
67
132
3
0
1 .380
319
529
184
219
26
909
I
55
-117
373
0
-562
4,650
846
16
-35
-137
-1,064
293
130
294
-136
0
5,266
4,109
17 8
-43
150
1 05
92 5
-14
236
-71
200
400
267
1,770
51 4
-47
144
254
630
36
345
16
-166
302
-1,587
2,152
167
-6
-261
149
-939
144
166
17 7
277
-1,402
4,511
3,044
1, 3 5 9
-609
493
194
041
-97
-7
-17
43
704
542
>59 8
665
0
122
11 6
4
31 2
‘
17 5
373
275
160
924
-319
65
-13
263
200
745
6
-209
-120
-354
-56
112
-1,034
176
0
274
-21
-916
49
-115
297
401
-3
-993
5,567
-1,879
1,500
307
-106
790
-55
-214
-35
-482
932
2,822
TOTAL LIABILITIES
CORPORATE BUSINESS *
U. S . G O V T .
U.S. G O V T . - W I T H O U T LEVELS
SPONSORED CR.AGENCIES
SAVINGS INSTITUTIONS
LIFE INSURANCE
B A N K S IN T E R R . A N D P O SS.
R E S T OF THE W O R L D
MONETARY AUTHORITIES
BANK AFFILIATES
COMMERCIAL BANKS
11
12
13
14
15
16
17
18
19
20
21
22
1,365
189
94ft
-1,298
-339
-815
658
-1,578
-1C5
1*776
-560
2,848
512
1,267
-1,072
2,980
649
-753
-30
-020
-9 7
229
-150
656
277
.100
,544
.019
*287
-986
447
-1,146
207
-183
2
-039
-654
1,987
2,055
559
627
F L O A T S IN C O M L . B A N K S TM N
ON I N T E R B A N K D E P O S I T S
ON INTER B A N K LOA N S
L E S S - O N M.B. R E S E R V E S
25
26
1,478
-198
-12
1,162
-144
87
118
5,921
3,953
-110
1,968
224
281
-62
-55
102
-460
1,002
805
-22
748
-142
83
-186
12
272
-400
-2,393
-1,122
1 15
-1,878
-80
427
206
16
96
-103
5,277
926
453
4,478
408
98
-165
45
-78
-000
*244
,872
-6
.388
472
*177
-12
39
-240
172
2,606
-265
362
1,367
612
40
-112
38
-284
848
-600
651
186
-670
29
247
64
40
-192
-955
6,367.
2,855
5
1,849
541
150
-32
37
-294
1,256
(01 N O N L I F E
949
299
17 8
96
376
(El1
0
23
24
25
26
-1,488
-533
6 16
- 228
-933
70
435
27
28
29
30
31
32
33
34
35
36
8 68
393
-112
-460
251
31
144
103
967
-561
-21
1,163
151
7
346
88
1,483
683
-6
98
41
40
66
73
25
20
32
-50
84
493
-226
456
431
C O M P O N E N T S OF " S O U R C E S N.
3
4
INSURANCE CLAIMS
LIABILITY - OTHER INSURANCE
ASSETCORPORATE BUSINESS
N O N F A R M N O N C O R P . BU
FARM BUSINESS
HOUSEHOLDS
5
6
7
8
9
UNALLO C A T E D ASSETS AND LIABILITIES
NET TOTAL
(LIAB. - ASSETS)
TOTAL ASSETS
CORPORATE BUSINESS
S P O N S O R E D CR. A G E N C I E S
COMMERCIAL BANKING
SAVINGS INSTITUTIONS
LIFE INSURANCE
PRIVATE PENSION FUNDS
S.+ L . G O V T . R T R . F U N D S
B A N K S IN T E R R . A N D P O S S .
R E S T OF THE W O R L D
10
23
?4
27
28
29
30
31
32
33
34
35
36
IN S U M M A R Y T A B L E
-747
-1.273
-2.719
-1.400
-1.211
0
-97
410
2,295
3.542
2,745
1,165
1,100
0
1
iti
1,220
117
-1,060
-1,291
-562
0
171
— 40
3.234
4.467
4,451
-815
5*244
0
-114
-71
1,013
4,090
2*043
1*776
247
499
299
12
339
1*693
-320
1*267
-1*907
102
-144
-194
5,775
4*043
3,750
-753
4*911
-1*402
277
140
-2,027
3*504
791
229
942
704
41
252
922
2*203
-264
>1,100
924
16 0
275
520
-502
1,033
-074
-904
112
-56
-354
252
2,035
716
-1,176
-183
-993
-3
4 01
1,060
9
If
It
12
It
710
1 1*
471
-195
71
-Mf
-166
1.099
411
67
701
120
701
-02
99
-090
-294
1*210
-51
119
112
101
1*959
15
214
994
194
591
321
149
-710
-211
1*1?2
5 23
144
741
120
1*991
-251
*7
-239
245
1*495
25 0
-175
414
129
1*204
323
-209
-510
-398
1,250
215
-115
732
50
1,172
-427
-214
SVGS+LOAN A S M S .
MUT. SVGS. 0ANKS
INSURANCE
AGE N C I E S OP F G N BANKS
B A N K S IN T E R R .♦ P O SS .
9
10
11
12
13
14
19
16
IT
941
-111
-419
1*101
1*9T4
-11
1,199
799
292
-4
29
229
1,914
-12
1,219
111
2*104
-119
1,991
94 1
914
-22
991
-249
-Tit
119
-1*911
999
9*291
491
4 * m
414
1*937
-4
1*499
540
2*211
342
1*444
403
034
106
-427
1,275
3,532
5
1,921
1,606
-MISC. FINANCIAL A11ET1
SPONtORVe M l M t f t
COMMERCIAL BANKINC
PRIVATE NON0AMK FINANCE
14
15
16
17
19
19
11
11
It
19
M i l
411
110
-779
i ti
t*
Iff
19
19 9
- m
41
n
999
199
191
-1.997
14 1
n
199
-T0
344
704
71
99
"*10
491
414
-2
-191
94
1*111
199
451
499
4T
111
949
-19
459
-140
45
19 4
499
410
499
191
441
19 2
1*202
-991
445
-400
75
199
1*307
100
479
-244
00
199
1,131
114
513
-037
75
97
070
414
516
-235
114
97
18
19
20
21
22
23
14
9 T9
-911
412
-1.902
441
1*149
-741
415
-39
447
-754
569
GROSS SAVINS
TAXES PAYABLE
- PHYSICAL INVESTMENT
- G OLD « OFF F6N EXCHAN9f
-TREA19RY CURRENCY
-TRADE CREDIT
- D I S C R E P A N C Y T O T A L F O R ALL
FINANCIAL SECTORS
4,325 SOURCES N.E.C.
MISC. FINAN. LIA0ILITIES
7,404
4,809
COMMERCIAL BANKS
1, 9 8 7
FLOATS
UNALLOCATED
2,022
BANK AFFILIATES
932
M O N E T A R Y AUTH.
-402
SPONSORED AGENCIES
1,024
I
2
3
4
5
6
7
8
1
2
3
4
5
4
7
•
24
4 M A Y 1971
TOTAL CLAIMS
21
TOTAL CLAIMS
TOTAL F I N A N C I A L ASSETS A N O L I A B I L I T I E S
( H I L L I ONS OF O O L L A R S I
*
UNAD J U S T E D Q U A R TERLY FLOWS
UNADJUSTED QUARTERLY FLOWS
1/67
IV / 6 7
1/68
IV/68
1/69
|
1969
I HI
1970
IV
T OTAL F U N D S R A I S E O ANO A O V A N C E O
I
I
II
III
IV
I
1971
I
IN C R E D I T M A R K E T S
F U N O S R A I S E O IN C R E O I T M A R K E T S BY—
NONFINANCIAL SECTORS
17,799
FEDERAL GOVERNMENT
85
FOREIGN
934
P
RIVATE DOMESTIC
16,780
HOUSEHOLDS
-882
FARM BUSINESS
1,540
N O N F A R M N O N C O R P . BUS,
1,246
C O R P O R A T E N O N F I N , BUS.
8,751
STATE ♦ LOC A L GOVTS.
6,125
I
2
3
4
5
6
7
8
9
11,566
2,507
1,245
7, 8 1 4
-379
1,178
3 45
5,192
1,478
34,895
10 , 1 8 2
1 ,002
23,711
10,289
353
1,914
9,430
1,725
16,238
5,570
1,030
9,638
2,740
1,059
37 1
3,993
1,475
33,413
3,647
885
28,881
12,663
-71
2,556
10,308
3,425
16,760
296
86 7
15,597
3, 1 7 2
1,309
1,124
7,055
2,937
21,723
3*172
592
17*959
6*671
479
1*881
7,587
1 *341
31*608
5*061
790
25*757
11,194
-251
2,140
11,600
1,074
13,448
2,336
480
10,632
422
1,133
614
6,548
1,915
22,186
-6,400
390
28,196
7,462
1,630
1,825
13,923
3,356
23,941
7,633
567
15,741
4,719
457
1,632
6*649
2,284
37,349
9,243
1.177
26,929
8,519
19
2,153
11.548
4,690
10
11
12
13
14
15
16
-1,854
-693
-1,935
-203
7 76
201
0
2,685
479
512
696
981
17
0
3,551
1, 138
-175
78 2
1,811
-5
0
4,605
557
372
2,161
1,539
-24
0
4,207
86 6
156
580
2,386
19
200
7*811
2,697
1,304
1,416
1,135
3
1,256
9,708
2,889
1,176
2,745
1,205
-20
1,713
6,882
3,633
3
-127
1,098
51
2,224
5,696
1,544
776
1,856
484
I
1,035
-657
1,593
471
-400
567
-6
-2,882
688
1,464
633
586
236
6
-2.237
17
9, 7 1 2
37,580
19,789
38,018
20,967
29,534
41,316
20,330
27,882
23,284
-657
UALS— TO
16,149
38,037
18
L9
20
21
22
-1,863
243
-247
-2,067
20 8
8, 5 1 1
2,217
667
4,532
1,095
7,903
5,856
-135
1,443
739
4,262
-643
798
3,772
335
13,853
8,357
-229
2*857
2,868
14,191
9,754
-132
2*751
1*818
10,590
3*441
801
5*796
552
11,947
8,958
-313
3,029
27 3
-1,660
-2,121
123
1,610
-1,272
-5,552
5,466
-174
-8,825
-2,019
N E T A C Q U I S I T I O N S BYS P R I V A T E D O M E S T I C
-r8,699 N O N F I N A N C I A L S E C T O R S
-18
HOUSEHOLDS
-2,778 -14,627
NONFARM NONCORP. BUSINESS
-170
814
N O N F I N A N C I A L C O R P O R A T E BUS.
2,744
1,024
STATE ♦ LOCAL GOVTS.
5,074
-798
23
2,153
606
1,487
639
738
909
550
1,100
807
846
460
607
30,704
501
-370
19,531
0
6,757
1,012
-496
-4,032
350
11,993
2,341
35
— 2,485
1,549
30,983
3,427
3,047
12,200
148
5, 3 1 1
3,525
-1,341
-7,669
2,883
26,640
2.048
1. 9 5 9
9,485
1,225
25.329
1,481
2,226
10,922
-2,870
33,361
2.331
2,1?7
16.473
-2.302
21.107
-42
2,099
3,944
-175
SPONSORED CREDIT AGENCIES
FEDERAL RESERVE SYSTEM
COMMERCIAL BANKS
BANK AFFILIATES
PVT. N O N B A N K F I NANCE
MUTUAL SVGS. BANKS
SV G S . ♦ L O A N A S S O C I A T I O N S
CREDIT UNIONS
29
30
LIFE INSURANCE C O M P ANIES
OTHER INSURANCE COMPANIES
PVT. P E N S I O N F U N D S
S. + L . G O V T . R T R . F U N D S
33
34
FINANCE COMPANIES
O P E N - E N D I NVESTMENT COS.
SECURITY BROKERS ♦ DEALERS
A G E N C I E S OF F G N . B A N K S
B A N K S IN U . S . P O S S E S I O N S
37
38
39
40
41
24
25
26
27
28
9,057
-95
553
1,697
0
27,337
640
2,204
14,912
0
10,866
I, 171
520
-1,710
0
-1,650
-1,086
-667
171
589
0
29
30
31
32
6,902
1,401
97 7
-29
9, 5 8 1
8 34
2,297
175
10,885
1.485
2,801
13
11,042
947
2,552
336
9,923
1,436
3,163
123
10*553
398
2*440
413
12,161
581
1,227
253
7,913
766
1,075
-54
11 , 9 2 3
1,092
2. 6 7 1
504
13,570
1,092
3,726
386
14.722
1.213
3,990
98
15,281
3*396
7*870
-170
33
34
35
36
2,358
174
1 ,330
544
1,907
635
1,199
1, 1 3 2
2,698
527
1,595
8 94
2,708
787
1.632
1.304
2,357
604
1 , 371
1,031
2*068
147
1*903
1*175
1,678
88 2
1,803
659
2*580
701
1.599
1,351
1*963
690
1* 1 8 2
2*189
2,209
915
1,623
1*439
2,044
957
2,237
1,245
2*564
709
1*703
1*468
37
38
39
40
41
21
449
-269
-91
37
808
-84
382
261
35
794
1.093
-967
-66
18
2, 181
405
-1.809
-41
40
650
1,080
-1,950
12
46
1* 3 0 5
925
-543
258
64
2.444
51 5
1,640
418
61
-81
494
-378
-202
62
1*626
600
-859
200
65
-399
473
1,782
258
66
448
53
2,196
172
69
156
76
-2*220
-342
71
42
365
1,126
-467
2,413
-381
2*441
-807
1,972
2*095
2*661
4,234
TOTAL CLAIMS AND THEIR RELATION TO TOTAL FINANCIAL
FI NANCIAL SECTORS
S P O N S O R E D CR. A G E N C I E S
S A V I N G S A N O L O A N A SSNS.
FINANCE COMPANIES
INVESTMENT COMPANIES
COMMERCIAL BANKS
BANK A F F I L I A T E S
L FUNDS R A I S E D AND ADVANCE
IN C R E D I T M A R K E T S
I.S. G O V E R N M E N T
i
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
18
19
20
21
22
23
24
25
26
27
28
31
32
3*
36
3 , 113 4 R E S T O F T H E W O R L D
ASSETS
16,149 TOTAL CREOIT MARKET DEBT
IF R O M P R E C E D I N G T A B L E )
OTHER DEBT FORMS—
-628
FOREIGN EXCHANGE
98
TREASURY CURRENCY
I
9,712
37,580
19,789
38,018
20,967
29,534
41*316
20,330
27,882
23,284
38,037
2
3
-976
213
1,193
84
458
224
936
86
105
44
689
32
-487
136
-578
463
-1,055
24
-430
71
-478
64
4
5
6
7
•
8,104
3*834
-5,548
9,384
4,248
19,352
15,215
12,045
3,150
4,137
-471
-3*749
-9*347
5*598
3,078
20*807 -8*096
16,415 - 1 1 , 6 3 6
10,652 - 1 0 * 8 8 7
-749
5,763
3,540
4,392
-2,983
-3,213
2,272
-5*485
230
13,312
11,308
11,967
-659
2,004
-4,278
-5,731
-9,740
4,009
1,453
14,971
10*854
4,414
6,440
4,117
22*867
18*620
2*402
16,218
4*247
9
10
11
3,903
-28
3,931
5,135
230
4,905
4,333
44
4,289
5,069
34
5,035
3,934
138
3.796
5*109
327
4,782
4,745
-16
4,761
4,811
57
4,754
7,175
1, 7 4 5
5,430
5,247
157
5,090
6,208
50 1
5,707
5*158
227
4,931
12
IS
14
15
14
430
-1,753
-983
-992
-1*4
2,785
909
1,588
-844
5,991
-2,793
-1*141
2*447
-481
1*891
971
1,048
1,824
-411
4, 841
-4.802
2,035
2,773
-947
9,322
-3*227
9,680
986
-883
4,391
2,411
1,230
57 2
-463
2,816
-2,929
718
1,988
-574
5,493
-2,782
2,169
-3,445
-617
4,353
2,033
4,314
1,883
-642
807
3,035
-1,535
1,174
-517
-2,071
561
-2.135
3.087
-923
5.611
SECURITY CREOIT
TRADE DEBT
PROFIT TAX E S PAYABLE
N O N C O R P . P R O P R I E T O R S * EQ.
MISCELLANEOUS
12
13
14
15
16
17
18
It
20
21
22
-2,591
-646
— 728
-1,074
-141
0
2,294
404
1,054
749
67
0
-1*242
41
-933
-846
51 6
0
3,795
521
1,119
2,357
-202
0
-2,235
-250
-1,310
-1,885
960
250
1,741
8 95
454
424
-121
89
1,872
38 2
608
1,544
-745
83
-18
410
-401
-613
461
125
-844
-504
171
-265
-224
-22
2,233
1,947
170
-249
433
-68
1,472
212
-232
1,948
-518
62
675
1*745
172
-1*748
56
450
INTERBANK CLAIMS
MEMBER BK. RESE R V E S
VAULT CASH
FEDERAL RESERVE FLOAT
M E M B E R BK. B O R R O W I N G
AFF. L O A N S T O B A N K S
17
18
19
20
21
22
23
14,883
76,069
22*634
74,784
23,102
45,069
67,460
25,426
47,831
61,667
24
29
24
-23
447
-3,404
50
1*534
-255
-300
-1*454
-4,067
7 81
2,269
-1,292
-1,208
-2*411
-3,214
7
-2,021
2,284
35 1
1,234
55
-96
-1,754
-3,830
-272
2,198
-239
19 9
-1,803
1,594
27
2S
29
41
114
-1*787
43
-931
2*221
61
-594
-1,164
15
-647
3,180
147
838
-1,812
-15
-535
696
71
-1,681
4,455
0
294
-1,431
-51
857
1*842
-17
-155
-2,945
75,900
45,633
T O T A L D EBT ABOVE
D E D U C T — F L O A T S NOT I N C LUDED IN A S S E T S
DEMAND OEPOSITS— U.S.GOVT.
-471
96
OTHER
2,492 -2*127
971 -2, 9 5 7
TRADE CREDIT
DEOUCT— LIAB I L I T I E S NOT ALLO C A T E D AS ASSETS
TREASURY CURRENCY
-16
-11
275
TAXES PAYABLE
-700
MISCELLANEOUS
-434
-800
SO
19,477
73,405
30, 154
72,478
30,762
44,653
62,975
32,243
43,496
64,794
73,486
17,980
30*511
5,004
23*138
13*065 -11 , 8 4 3
16,847
10,073
12,976
7*373
51,729
DEPOSITS AT FINANCIAL INSTS 4
BANKING SYSTEM
5
D E M A N D DEP. ♦ C U R R E N C Y
6
TIME ANO SVGS.DEPOSITS
7
SAVINGS INSTITUTIONS
8
9
INSURANCE ♦ PENSION RESERVE
10
U.S. G O V E R N M E N T
11
INSURANCE SECTOR
T O T AL S AL LO CATED TO SECTORS
23
24
25
24
27
28
29
30
4 MAY 1971
S A V I N G BY I N D I V I D U A L S
SAVING BY
22
AMOUNT ANO C O MP O S I T I O N OF I N O t V I O U A L S '
( M I L L I O N S OF OOL L A RSl
U N A D J U S T E D QUART ERL Y FLOWS
SAVI NG
22
*
'
U N A D J U S T E D QUART ERL Y FLOWS
I
1 96 9
1 III
|
1
1970
I
1
1971
I
1/67
IV/67
1/68
I V / 68
1/69
1
2
3
4
5
6
7
8
9
10
11
13, 162
-1,067
9,289
81
207
-174
195
-296
775
776
-1,402
21, 260
6,507
5,834
1,757
339
635
703
-1,259
1,450
981
-1,092
14,542
-4,424
8,420
5,310
-52
3,627
-11
280
726
1*811
-1 ,071
2 3, 036
9,286
7,296
-901
163
-681
39
-365
2,604
1,539
-4,200
15, 831
-3.842
7 , 164
7,827
-111
4,945
1,103
1,237
975
2,386
-2,708
20, 161
4,836
785
9,030
-190
5,786
443
632
2,249
1.135
-1,025
16,170
4,798
1,163
2,845
14
1,599
1,501
-555
1,682
1 , 205
-2,601
11, 769
-4.406
2.184
8.205
-227
3.324
2,297
529
2.821
1.098
-1,637
12, 278
-1,059
7,696
-2,643
-48
-4,788
1,181
-713
2,607
4 84
-1,366
25,386
3,186
10,456
4,900
131
1 *164
969
-1*424
3.476
567
17
12
13
14
15
16
1,164
6 08
1, 478
6 53
956
1,174
683
1,814
1,464
2,027
1,147
7 06
1,460
1,020
90 3
1,156
7 37
1,895
1.281
2*286
1*188
729
911
1,106
748
1,223
729
1,642
1,515
401
1,208
742
2,112
683
2,619
1.205
750
1,508
1.348
9 75
1.205
757
1,099
4,114
1,109
1.202
766
1.700
1.579
1.597
1 , 193
777
2,265
1,973
1*915
1,192
785
1,496
1,685
1,397
17
18
19
2G
21
25,718
3,726
5,879
1 5 , 5 60
553
33, 131
5,577
6,111
21,247
196
2 9 , 814
5,243
6,043
18,025
503
37,104
5,994
6,529
24, 585
-4
32,483
5.581
6,403
19,817
682
34,783
5,606
7,245
2 1,544
3 88
3 8, 209
5,769
6,968
25, 565
-93
31,485
4,819
6,580
19,609
4 77
35, 259
3,462
7,867
23,447
483
33.949
4,493
7,567
21,842
47
36,870
5,674
6,965
24,469
-238
34, 239
5.289
7,247
20,971
732
22
23
24
25
21, 077
1,914
4,487
14,676
22,450
2,007
4,699
15, 744
22, 950
2,029
4 , 772
16,149
24,465
2,085
5,001
17,379
2 4, 998
2.113
5.072
17. 813
26, 063
2,176
5,223
18,664
26, 598
2,209
5,301
19,088
27,129
2.235
5.384
19,510
27, 662
2,261
5,473
19, 928
28,202
2,289
5,562
20,351
2 8, 567
2 , 382
5,585
20,600
26
27
28
29
30
4,641
1,812
1,392
8 84
553
10, 681
3,570
1,412
5,503
196
6,864
3,214
1, 271
1,876
503
12,639
3,909
1,528
7,206
-4
7,485
3,468
1,331
2,004
682
8,720
3,430
2,022
2,880
368
11,611
3,560
1,667
6,477
-93
4,356
2.584
1.196
99
4 77
7,597
1,201
2,394
3,519
483
5,747
2,204
2,005
1,491
47
8,303
3,292
1,380
3,869
-238
31
32
33
34
35
36
37
1,456
1,996
1,028
-2,312
89
291
364
11 *9fi2
4,056
1,660
3,507
1,406
210
1,143
2 , 501
3,982
978
- 1 , 151
-1,031
287
-564
14,890
4,389
1,653
5,555
1, 451
2 67
1,575
4.960
4.348
1,20 6
-1,241
-1,126
408
1,365
9,292
3.824
2.035
2,013
-1,291
891
1,820
9,237
4,265
1,304
4,461
310
661
-1,764
1,050
3,015
1,302
-2,771
-1,346
7 34
116
11, 216
2,523
2,193
2,844
-1,040
666
4.030
7,111
2 *9 1 9
2*447
1*365
218
511
-349
9,215
3,568
2,028
2,895
285
358
81
38
39
40
16,347
6 53
8 84
19,959
1,464
5,503
18,905
1,020
1,876
20,785
1.281
7,206
18,356
1.106
2.004
19, 589
1,515
2,880
18,544
683
6,477
15, 075
1,348
99
8.659
4,114
3,519
24, 022
1,579
1, 491
22, 065
1,973
3,869
41
42
43
44
45
319
-13
14,504
8,553
5,951
1,110
-14
11,896
14,919
-3,023
811
-3
15,201
10,090
5. I l l
1.190
-2
11.110
1 3* 7 87
-2.677
1*376
-3
13.873
10.882
2.991
2 68
-2
14, 928
14,100
8 28
759
-3
10,628
1 1 , 0*6
-438
646
-2
12,984
15, 186
- 2.202
66
-2
9 62
5,230
-4,268
41
-2
2 0, 913
17,317
3,596
170
-2
16,055
12, 462
3,593
INDIVIDUALS
(1)
IV
I
II
III
IV
22,977
16,439
5,909
- 3 , 827
11,900
28,665
-2,955 -14,954
425
190
-3,894 -10,719
-691
-6,904
438
126
3,082
3, 173
589
236
-2,239
-1,721
( 1 ) COMBI NED ST A T E ME NT FOR HOUSEHOLDS^
I N C R . IN F I N A N C I A L A S SE T S
CURR. AND DEMAND D E P O S I T S
S A V I N G S ACCOUNTS
SFCURITIES
U . S . S AVI NGS BONDS
OTHER U . S . TREAS URY SEC.
U . S . G AGENCY S E C U R I T I E S
S T A T E + LOCAL O B L I G A T I O N S
C ORP. AND F OREI GN BONDS
I N V E S T ME N T C O. SHARES
OT HER CORPORATE STOCK
I
2
3
4
5
6
7
8
9
10
U
P V T . L I F E I N S . RESERVES
P V T . I NSURED PE N. RESERVES
P V T . NONI NSURED PE N. RES.
G O V T . I N S . ♦ P E N . RESERVES
M I S C . F I N A N C I A L AS SE T S
12
13
14
15
16
GROSS I N V . I N T A NG I B L E AS SE T S
NONFARM HOMES
NONCORP B US . C ON S T R ♦ E Q U I P .
CONSUMER OURABLES
I NVENTORI ES
17
18
19
20
21
2 9 , 1 8 5 C A P I T A L CONSUMP. ALLOWANCES
2,475
NONFARM HOMES
5,667
N ONC ORP . BUS . PL A NT + E O U I P .
21,043
CONSUMER DURABLES
22
23
24
25
5 , 0 5 4 NET I N V . I N TANGI BLE ASSETS
2,814
NONFARM HOMES
NONCORP B U S . C O N S T R . * EQUI P
1, 580
-72
CONSUMER OURABLES
7 32
INVENTORI ES
26
27
28
29
30
I NCREASE IN O f P T
MT G. D E BT ON NONFARM HOMES
NONCORP B U S . MT G. DEBT
CONSUMER C R E D I T
SECURITY CREDIT
P O L I C Y LOANS
OT HER DEBT
31
32
33
34
35
36
37
3,020
2,716
1,857
-3,315
1,558
336
-132
1 8, 473 I NDI VI DUAL S A V I N G ! 1+26- 31)
1 , 6 8 5 L E S S - G O V T . I N S * PEN RESERVES
-72
NET I N V . I N CONS. DUR
C A P I T A L GAI NS DI VI OFNOS
473
FROM I N V E S T . COS.
0
N E T SVG. BY FARM CORPS.
1 6 , 3 8 7 EQUAL S PERS S A V I N G , F / F B A S I S
1 7 , 6 7 7 PERSONAL S A V I N G , N I A B A S I S
- 1 , 2 9 0 DIFFERENCE I 4 3 - 4 M
FARM,
AND NONFARM NONCORPORATE
38
39
40
41
42
43
44
45
BUS I NES S.
@FedFRASER