1,232.749 1,357.765 1,490.532 1,594. 228 1, 633. 870 1,823. 343 1,941. 451 2,003. 598 2, 183.866 2, 203.885 2,382. 106 2,506. 257 7. Total, liabilities. 105.504 5.472 117.519 6.298 6.442 6.208 7.491 7.723 7.777 9.248 9.277 11.420 11.401 136.932 152.489 164.381 176.866 197.653 215.322 232.841 253.708 281.624 309.775 V. Net worth. 1966 1967 1968 1969 1, 127.245 1,240. 246 1, 353. 600 1, 441.739 1, 469. 489 1,646. 477 1,743.798 1,788. 276 1,951.025 1,950. 177 2, 100. 482 2, 196.482 1965 1970 1971 1972 1973 1974 1975 Net Worth.. 0 0 0 0 0 0 0 0 0 0 0 12.401 339.787 2, 345. 121 12.684 361.324 2, 455.403 2,781.024 16.656 19.929 16.913 15.563 18.545 23.547 19.594 18.502 21.404 386.318 420.781 450.219 472.840 517.274 585.749 653.988 696.528 747.941 2,781.024 3,099. 272 3, 162.623 3,315.661 3,626.183 3,993. 966 4, 126. 113 4, 304. 179 4,878, 246 Source: Preliminary estimates by Raymond Goldsmith based on data provided by the Bureau of Economic Analysis of the Department of Commerce and the Division of Research and Statistics of the Federal Reserve Board, Research supported by the National Science Foundation. 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 TABLE 1B.-ASSETS AND LIABILITIES OF THE TOP 1 PERCENT OF WEALTH HOLDERS [Billions of current dollars] 246.200 238.600 281.200 264.400 293.800 309.100 4. Debt instruments. 13.060 5. Life insurance_ 10.420 10.900 11.980 14.140 15.220 16.300 17.675 19.050 20.425 21.800 23.000 24.200 10.860 11.300 11. 150 11.000 10.850 10.700 10.766 10.832 22.860 23.880 24.900 31.850 38.800 45.750 52.700 33.166 41.133 Source: Preliminary estimates based on benchmark estimates of Prof. James Smith applied to data contained in table 1A. 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 TABLE 2A.-ASSETS AND LIABILITIES OF HOUSEHOLDS [Billions of constant 1972 dollars] 109.665 120.824 137.245 151.699 166.082 182.759 292.546 310.618 332.834 351.617 367.977 384.386 155.345 162.170 173.563 181.233 187.362 188.940 62.834 62.898 64.848 66.973 67.842 68.234 70.320 71.923 73.429 75.982 78.228 82.506 620.390 656.510 708.490 751.522 789.262 824.318 874.347 911.797 948.688 986.893 1,032. 084 1,083. 155 1. Demand deposits and currency. 105.532 106.993 104.300 103.732 100.296 101.745 103.412 104.572 101. 015 98.089 95.241 100.638 2. Time and savings deposits_ 151.676 164.060 173. 154 181.325 195.094 212.280 224. 145 239.081 261.650 293. 131 324.635 354.479 3. U.S. Government securities.. 97.700 93.410 93.353 94.294 94.563 89.465 92.297 91.509 91.581 91.995 91.226 93.309 4. U.S. Government agency securities. .157 .166 .984 1.701 2.707 1.822 4.314 3.614 3.902 4.438 4.867 6.460 5. State and local government securities. 6. Corporate and foreign bonds. 12.364 14.949 19. 111 20.580 21.585 22.261 24. 292 29.109 29. 114 24.968 28.696 31.618 .869 -2.460 -2.751 -1.297 -.360 .409 .183 .070 -1.840 -1.000 -2.164 -3.760 7. Mortgages.. 31.286 32.280 33.067 34.347 36.662 39.643 41.652 45.057 48.619 50.884 52.181 53.239 8. Open market paper. .154 .121 .189 .145 .358 .120 .013 .029 .023 .073 .085 .031 9. Corporate stock.... 224.655 325.335 385.975 395.907 336.367 470. 730 493.381 477.900 601.205 506.917 587.067 583.254 10. Insu ance and pension reserves. 206.850 219.862 233.299 241.352 250.393 266. 324 278. 143 293.303 311.896 317.595 338. 135 360.933 11. Other financial assets.. 18.589 19.525 19.539 19.287 19.341 19.804 19.846 20.569 21.045 21.346 21.759 23. 196 12. Farm business equity. 201.813 203.573 204. 064 205.959 209. 115 218.457 219.064 218.962 222.805 225. 192 230.421 232.284 13. Unincorporated nonfarm equity. 256.554 255.735 260.682 268.523 275.376 282.736 280.095 282.376 286. 122 290.357 296.001 301.222 14. Common trust fund equity. 15. Individual trust fund equity. 1.982 2.652 3.021 3.078 2.997 3.646 3.912 4.083 5.086 5. 167 6.288 7.930 64. 108 76.859 85.897 85.014 75.736 90.940 99.064 100.293 117.277 114.581 133.915 135.765 |