APPENDIX TABLE IV-F.-Estimated distribution, by type, of mortgage loan holdings1 at end of year by mutual savings banks, 1954-70 [Amounts in millions of dollars; current dollars for 1954-59; 1959 dollars for 1960-70] 1 Potential holdings for 1960-70. NOTE. Component figures may not add to totals due to rounding. NOTES ON COLUMNS 1954-59: Amounts from Federal Reserve Bulletin, October 1960, p. 1161; percentages and annual net increases derived. 1960-70: Cols. 1 and 2: From table 24, cols. 5 and 7, respectively. Col. 3: Projected at a slightly declining amount during 1960-70, based on 1954-59 experi ence. Cols. 4, 6, 9, and 12: Derived by application of percentages in cols. 5, 7, 10, and 13, respectively, as a percentage of total mortgages (col. 1). Col. 5: Projected to show slight decline in first few years, based on expectation that commercial construction will be at a relatively low level until housing construction Col. 7: Projected to show changes offsetting changes in farm and nonresidential com- Cols. 8, 11, and 14: Derived from cols. 6, 9, and 12, respectively (year-to-year changes). 1 APPENDIX TABLE IV-G.-Estimated distribution, by type, of mortgage loan holdings 1 at end of year by life insurance companies, 1954–70 [Amounts in millions of dollars; current dollars for 1954-59; 1959 dollars for 1960-70] 1 Potential holdings for 1960-70. NOTE.-Component figures may not add to totals due to rounding. NOTES ON COLUMNS 1954-59: Amounts from Institute of Life Insurance, 1960 "Life Insurance Fact Book,' 1960-70: Cols. 1 and 2: From table 25, cols. 5 and 7, respectively. Cols. 3, 5, 7, 10, and 13: Derived by application of percentages in cols. 4, 6, 8, 11, and 14, respectively, to col. 1 (total mortgages). Col. 4: Projected in expectation that downtrend of recent years will continue. Col. 6: Projected on assumption of reduced level of commercial construction in early Col. 8: A residual of 100 percent, after subtraction of cols. 4 and 6. Cols. 11 and 14: Projected to reffect more FHA and VA investment when mortgage credit is expected to be in easy supply and vice versa. Cols. 9, 12 and 15: Derived from cols. 7, 10, and 13, respectivdly, (year-to-year changes). APPENDIX TABLE IV-H.-Estimated distribution, by type, of mortgage loan holdings 1 at end of year by commercial banks, 1954-70 [Amounts in millions of dollars; current dollars for 1954-59; 1959 dollars for 1960-70] 1954-59: Amounts from the Federal Reserve Bulletin, September 1960, p. 1161. Per- Col. 4: Projected at a slight decline during 1960-70, based on 1954-59 experience. Col. 11: Projected in expectation of relatively more FHA and VA loans in the early Cols. 8 and 14: Derived as residuals of cols. 4 and 6, and cols. 8 and 11, respectively, from Cols. 3, 5, 7, 10, and 13: Derived by application of percentages from cols. 4, 6, 8, 11, and Cols. 2, 9, 12, and 15: Derived from cols. 1, 7, 10, and 13, respectively (year-to-year 1 APPENDIX TABLE IV-I.-Estimated distribution, by type, of net annual increases in mortgage holdings of consumers and nonprofit organizations, private (noninsured) pension funds, and State and local government, 1955-70 [Amounts in billions of dollars; current dollars for 1955-59; 1959 dollars for 1960-70] Net increases in mortgage holdings Net increase in non- Net increases in residential mortgage holdings for all three segments 66225-61-12 1 Potential net increases for 1960-70. 1954-59: Col. 1: From table 21, line 18. Col. 2: From appendix table IV-C, line 7. NOTES ON COLUMNS Col. 3: From "Flow of Funds Data," Federal Reserve Board, Federal Reserve Bulletin, August 1960, p. 943, table (F). Col. 4: Sum of cols. 1, 2, and 3. Col. 5: Derived-col. 4 minus col. 7. Cols. 6, 8, 10, and 12: Derived percentages-cols. 5, 7, 9, and 11, as a percentage of col. 4. Cols. 7, 9, and 11: From residential mortgage holdings by individuals and othersestimates by HHFA; published in Housing Statistics, March 1960, "Annual Data,' p. 41, table A-40. 1960-70: Col. 1: From table 21, line 18. Col. 2: From table 26, col. 5. Col. 3: Judgment projection, in line with movement of line 17 in table 22. Col. 4: Sum of cols. 1, 2, and 3. Cols. 5, 7, 9, and 11: Derived by application of percentages in cols. 6, 8, 10, and 12, respectively, to total net increase (col. 4). Col. 6: Projected for 1960 at average for 1956-59, and then decreased slightly in each year to reflect an expected relative increase in investments by pension funds and State and local governments (i.e., their retirement funds) in FHA and VA mortgages. Col. 8: A residual of 100 percent minus col. 6, to reflect the same expected trends men- Cols. 10 and 11: Projected for 1960 to show distribution between FHA-VA and con- APPENDIX TABLE V-A.-Projected net annual flow of total short-term and long-term investment funds into the market, 1961-70 [Amounts in billions of 1959 dollars] Line Type of maturity and source 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 Line 6: From table 18, line 19. (This amount will be met out of private life insurance savings shown in table 22, line 5.) Line 7: Line 5 of table 21 minus col. 9 of table 27. Line 8: From appendix table III-K, col. 2. Line 9: A residual of line 1 minus line 2. |