Board of Governors of the Federal Reserve System

dollar against major foreign currencies rose sharply on March 9 and 10...dollar receded to about its level in the last few days of February. The

dollar-denominated securities to nondealers and are the most active intermediaries

dollar values when the respondent is unable to provide a more precise

dollars 1946 1947 1948 1949 1950 1951 1952 1953 1954 1 Total net borrowing...dollars 1946 1947 1948 1949 1950 1951 1952 1953 1954 1 Domestic -9.0 11.8

dollars 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1 Total net ...dollars 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1 Domestic 963.0

dollars 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1 Total net ...dollars 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1 Domestic 37.4

dollars 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1 Total net ...dollars 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1 Domestic 67.1

dollars 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1 Total net ...dollars 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1 Domestic 192.9

Prefatory Note The attached document represents the most complete and accurate version available based on original copies culled from the files

dollar and importing from their own overseas subsidiaries; these subsidiaries...dollar is the source of much of this unease; contacts are concerned about