F E D E R A L R E S E R V E s t a t i s t i c a l r e l e a s e Table 1

HS '^W' MONEY STOCK MEASURES For Immediate Release J u l v 18 . 1974 i ^ i ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ ^ i t a IN BILLIONS OF DOLLARS . t^^i^B^^B^^B^B^S^i^B^B^B^B^S^B^S^^B^B^i^BM M l " 1 ma I Mj 1 1 Ml L ^ 2 1 **3

Date M i plus time deposits M3 plus deposits Currency plus Mi "plus time deposits M2 plus deposits Date Currency plus at commercial banks- at nonbank Currency plus at commercial banks at nonbank demand deposits^ othyJHn,large thrift institutions^ \ CD's" 1

demand depositsv other than large [ CD's^

thrift institutions^

Seasonally Adjusted Not Seasonally Adjusted 173--June 2 6 5 . 5 5 4 9 . 5 1 8 6 2 . 6 i 2 6 3 . 6 5 4 8 . 9 | 8 6 3 . 6

J u l y 2 6 6 . 4 5 5 2 . 1 8 6 7 . 1 2 6 5 . 7 5 5 1 . 1 8 6 7 . 6 Aug. 2 6 6 . 3 5 5 5 . 1 8 7 0 . 7 2 6 3 . 0 5 5 1 , 3 8 6 6 . 6 S e p t . 2 6 5 . 5 556 .8 8 7 3 . 5 2 6 4 , 0 5 5 4 . 4 8 7 0 . 0 O c t . 2 6 6 . 6 5 6 1 . 9 1 8 8 0 . 3 2 6 6 . 1 5 6 0 . 1 8 7 7 . 2 Nov. 2 6 9 . 2 5 6 7 . 3 8 8 7 . 7 2 7 0 . 9 5 6 5 , 7 884 . 0 Dec . 2 7 1 . 4 5 7 2 . 1 j 8 9 4 . 8 2 7 9 . 1 5 7 7 . 2 8 9 8 . 4

1 9 7 4 J a n . 2 7 0 . 8 5 7 5 . 4 9 0 0 . 4 2 7 8 . 1 5 8 1 . 4 9 0 5 . 9 F e b . i 2*7 3 . 7 ! 5 8 1 . 9 9 0 9 . 0 2 7 0 . 8 5 7 9 . 3 9 0 6 . 3 Mar . 27 6.2 i 5 8 6 . 2 9 1 5 . 8 2 7 3 . 5 5 8 5 , 7 9 1 6 . 5 Apr . 2 7 8 \ l 5 9 0 . 2 9 2 1 . 5 2 7 9 . 6 5 9 4 . 6 927 . 7 May 2 7 9 . 2 5 9 2 . 8 9 2 4 . 9 2 7 4 . 5 5 9 0 . 9 9 2 3 . 9 J u n e p 2 8 0 . 9 r 5 9 7 . 5 9 3 0 . 9 r 2 ? 8 . 9 r597 .0 9 3 2 . 0

Week endp,: 1 9 7 4 - - J u n e 5 2 8 1 . 2 5 9 6 . 9 2 7 8 . 2 5 9 6 . 4

12 2 8 0 . 9 5 9 7 . 2 2 7 9 . 6 5 9 8 . 0 19 2 8 1 . 5 5 9 8 . 6 2 8 0 . 3 5 9 8 . 8 ! 26 r 2 8 0 . 2 r 5 9 7 . 2 r 2 7 6 . 4 r 5 9 4 . 0 |

J u l y 3 p r 2 8 2 . 1 r599 .3 r281 .7 r 5 9 9 . 8 10 p 280. 8 599 .2 282 .4 ! 600 .8

includes (1) demand deposits at all commercial banks other than those due to domestic commercial banks and the U S Government less cash items in the process of collection and F R float (2) foreign demand balances at F R Banks and (3) currency outside the Treasury F R Banks and vaults of al! commercial banks

includes in addition to currency and demand deposits savings deposits time deposits open account and time certificates of deposits other than , negotiable time certificates of deposit issued in denominations of $100 000 or more by large weekly reporting commercial banks P " " r e I l m i n a r y includes M^ 0'us the average of the beginning-and end of month deposits of mutual savings banks and savings and loan shares r ** R e v i s e d Digitized for FRASER

http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

FEDERAL RESERVE Statistical Release H 6

Table 2

MONEY STOCK MEASURES PER CENT CHANGE AT SEASONALLY ADJUSTED ANNUAL RATES

, 2 M3

PeriOrl Currency plus demand deposits3^

Mi plus time .deposits at commercial banks

other than large CD's2/ j

M2 plus deposits at nonbank

thrift institutionsJ/

June from:

Mar. 197A (3 months previous) Dec, 1973 (6 months previous) June 1973 (12 months previous)

Four weeks endg: July 10, 1976 from four weeks ending:

Apr. 10, 1974 (13 weeks previous) Jan, 9, 1974 (26 weeks previous) July 11, 1973 (52 weeks previous)

6 . 8 7 . 0 5 . 8

6 . 5 1 7 . 1

5 . 6

7 .7

8 . 7

7 .7 8 . 7 8 . 7

6 . 6 B . l 7 . 9

J mriuoes (i / oemano OOPOSMS ai a11 commercial banks other than those due to domestic commercial banks and ihe U S Governmenl. less cash items in the

process of co\\Qt uon

FEDERAL RESERVE Statistical Release H.6 Table 3

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS SEASONALLY ADJUSTED, IN BILLIONS OF DOLLARS

Currency Demand deposits

Time and savings deposits

Date Currency Demand deposits CP'sy Other | Total Nonbank

| thrift institutions^ 197'J J u n e 5 9 . 4 2 0 6 . 2 6 2 . 0 2 8 3 . 9 i 34 5 . 9 3 1 3 . 1

J u l y 5 9 . 5 2 0 6 . 9 6 3 . 9 2 8 5 . 7 34 9 . 6 3 1 5 . 0 AUR. 5 9 . 8 2 0 6 . 4 6 6 . 3 2 8 8 . 8 I 3 5 5 . 1 3 1 5 . 6 S e p t , 6 0 . 2 2 0 5 . 3 ' 6 6 . 7 2 9 1 . 4 3 5 8 . 0 3.1 6 . 7 Oct. 6 0 . 5 2 0 6 . 1 6 3 . 8 2 9.5.3 3 5 9 . 1 31 .8 .5 No.v* 61 . 0 2 0 8 . 2 6 2 . 0 2 9 8 . 1 3 6 0 . 1 3 2 0 . 4 D e c J 6 1 . 7 2 0 9 . 7 ! 6 2 . 8 3 0 0 . 6 3 6 3 . 5 3 2 2 . 7

1 9 7 4 - - J a n j 6 1 . 9 j 2 0 8 . 9 6 5 . 5 3 0 4 . 6 3 7 0 . 1 3 2 5 . 0 F e b . 1 6 2 . 7 2 1 1 . 1 6 6 . 6 3 0 8 . 2 37 4 . 8 3 2 7 . 1 Mar. 6 3 . 4 j 2 1 2 . 9 6 7 . 7 3 J 0 . 0 37 7 . 7 3 2 9 . 6 Ap r . 6 4 . 0 Zih.l 7 5 . 4 3 1 2 . 1 38 7 . 4 3 3 1 . 4 May 6 4 . 5 2 1 4 . 8 8 1 . 2 3 1 3 . 6 3 9 4 . 7 3 3 2 . 1 J 11 Tl (.'. p 6 4 . 8 t - 2 1 6 . 1 r83 .3 r3 V 6 . 5 r399.9 3 3 3 . 4

Week e n d i n g : 1 9 7T--Jun~e""~ 5 6 4 . 6 1 2 1 6 . 7 8 1 ,9 3 1 5 . 7 39 7 . 6

1 2 6 5 . 0 i 2 1 6 * 0 ! 8 2 . 5 3 1 6 . 2 3 9 8 . 7 19 64 . 9 2 1 6 . 7 1 83 .5 3 1 7 . 0 4 0 0 . 5 2 6 6/r. 8 r 2 1 5 . 5 8 4 . 1 x-317.0 r 4 0 1 . 1

J u 1 v 'J p 6 4 . 9 t-217. 3 r 8 5 . 0 r 3 I 7 . 1 1-402.2 1 10 p 65 . 1 22.5.. 7 84 .6

1

3L8 ..3 402.9

'-'UIJC'J iH.'^ot'iibti; lime centlic.aies ol Ouuub"'. I-\*.\IVJ HI Ovno'i'iivii .ons of SlOO 000 or JMU'C ~y i.i"j'.' A-'f-Hy ropor'-p.^ >:omw. -n\ hnnKs p Pro l iminorY *,.._. "tr o* !r.

FFDERAL RESERVE Statistical Rnl?a$ H 6 Table 4

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS NOT SEASONALLY ADJUSTED, IN BILLIONS OF DOLLARS

[ Demand deposits j Time and savings deposit J Noiiliank 1 Noiiliank 1

Date Cu"cncy total1 Member Domestic nonmember -' CD's?" | Other Total thrift institutions'1

U S Govt, demand!l

1 9 7 1--.Ttme 5 9 . 4 204.1 1 4 9 . 1 ' 5 2 . 4 i ' 5 9 . 3 2 8 5 . 3 j 3 4 4 . 7 3 1 4 . 7 7 . 1 J u l y 6 0 . 0 2 0 5 . 7 j 1 4 9 . 7 5 3 . 2 6 2 . 3 2 8 5 . 4 3 4 7 . 8 3 1 6 . 5 6 . 5 A U R . 6 0 . 0 2 0 2 . 9 1 4 7 . 8 5 2 . 7 | 6 8 . 4 2 8 8 . 3 3 5 6 . 7 3 1.5 . 3 4 . 1. S e p t . 6 0 . 1 2 0 3 . 8 1 4 8 . 2 5 3 . 3 6 8 . 8 2 9 0 . 5 1 3 5 9 . 3 , 3 1 5 . 6 5 . 3 Oct . 6 0 . A 2 0 5 . 7 14 9 . 7 53.'8 6 6 . 3 2 9 4 . 0 3 6 0 . 3 3 .17 .0 6 . 0 Nov . 6 1 . 3 2 0 9 . 5 1 5 1 . 8 5 5 . 1 | 6 4 . 1 2 9 4 . 8 3 5 9 . 0 3 .18 .3 . 4 . 3 Doc; . 6 2 . 7 2 1 6 . 4 1 5 7 . 0 5 6 . 6 j 6 4 . 1 2 9 8 . 1 3 6 2 . 2 3 2 1 . 2 6 . 3

| 9 7 4 - - . J n . 6 1 . 6 2 1 6 . 5 1 5 6 . 4 5 7 . 1 6 6 . 1 3 0 3 . 4 3 6 9 . 4 3 2 4 . 5 8 . 0 F e b . 6 .1 .9 2 0 9 . 0 1 5 1 . 2 5 5 . 2 6 5 , 9 3 0 8 . 5 3 7 4 . 4 ! j 3 2 6 . 9 6 . 6 Mar. 1 6 2 . 7 ! 2 1 0 . 8 1 5 2 . 5 5 5 . 5 j 6 7 . 0 3 1 2 . 2 3 7 9 . 2 ' 3 3 0 . 8 6 . 3 Apr . ; 6 3 . 6 2 1 6 . 1 1 5 6 . 0 5 7 . 3 | 7 2 . 4 3 1 4 . 9 3 8 7 . 3 ! 3 3 3 . 2 6 . 0 May | 6 4 . 2 I 2 1 0 . 2 1 5 1 . 5 5 6 . 0 7 7 . 8 3 1 6 . 4 3 9 4 . 2 3 3 3 . 1 7 . 5 Junfi p 1 6 4 . 9 j 1

r 2 1 4 . 0 r l 5 3 . 7 5 7 . 3 | r 7 9 . 7 r 3 1 8 . 1 3 9 7 . 9 3 3 5 . 0 6 . 2 Week nnd1nBt * l~9 / '4 - - .h ine 5 6 4 . 6 2 1 3 . 6 | 1 5 3 . 9 5 6 . 8 j 7 9 . 2 3 1 8 . 2 3 9 7 . 4 4 . 2

12 6 5 . 3 2 1 4 . 3 1 5 3 . 9 5 7 . 6 i 7 9 . 6 3 1 8 . 4 i 3 9 8 . 1 3 . 7 19 6 5 . 0 2 1 5 . 3 1 5 4 . 2 5 7 . 7 ! 7 9 . 2 3 1 8 . 5 j 3 9 7 . 7 6 . 7 26 6 4 . 4 r 2 1.2.0 r l 5 2 . 2 r56 .9 8 0 . 2 r 3 l 7 . 6 | 3 9 7 . 8 7 . 9

J u J y 3 P 6 5 , 3 - r 216 .5 r l 5 5 . 8 *57 .8 r80 . 8 ! r 3 1 8 . 1 r 3 9 9 . 0 r 8 . 5

10 P 66 . 2 216 .2 154. 9 58 .5 81 . 0 318 . 3 399 , 4 6 . 8

l / Total deposits include, m addition io tltu mertiijei and domestic nonmember deposits shown, deposit* due to foreign and international institutions at F ft Banks and Mj type balanitis at agencies and branches of foreign banks.

2/ Based on most recent calf report s/rtglc day olmrrvAllOrti. 3/ Includes negotiable time certificates of deposits issued in denominations of $100,000 or more by large weekly reporting commercial banks. 4/ Average of beginning ami end of month deposits at mutual tdying* banks And savings and loan sharn*. 6/ U.S. Government demand denosits .it all commercial banks.

p - preliminary r - revised

Rev. 2 / 7 4 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis