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FEDERAL
6.10
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RESERVE

i t a ti s ti cd I . release

AGGREGATE RESERVES AND M5MHER BANK DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

Nonborrowed

August 9, 1968.

Deposits subject to reserve requirements 2 /

Member bank reserves 1/
Period
Total

For immediate release

Required

Total

Time and
Savings

Total

Net Demand Depo sits
Private 3/
U.S. Gov't.

1967--July
August
Sept.
Oct.
Nov.
Dec.

24.34 /
24.63
24.79
25.12
25.28
25.15

24.28
24.59
24.72
25.02
25.14
24.85

23.96
24.26
24.45
24.81
24.95
24.91

262.4
266.1
268.4
270.8
272.9
273.2

142.8
144.6
146.3
147.4
148.6
149.9

119.6
121.5
122.1
123.4
124.3
123.2

116.7
117.5
117.6
118.2
118.7
118.6

2.9
4.0
4.5
5.2
5.6
4.6

1968—Jan.
Feb.
Mar.
Apr.
May

25.50
25.77
25.81
25.62
25.71
25.82
25.91

25.19
25.40
25.14
24.94
24.98
25.12
25.41

25.15
25.39
25.40
25.28
25.24
25.44
25.60

274.7
277.0
278.0
276.9
277.3
278.8
280.9

149.9
150.2
151.2
151.3
151.5
151.9
153.8

124.8
126.8
126.8
125.6
125.8
127.0
127.1

119.4
119.7
120.1
120.4
122.1
123.1
124.4

5.4
7.1
6.7
5.2
3.7
3.9
2.7

July p

p - Preliminary.
1/ Data on member bank reserves prior to January, 1968 are adjusted to eliminate effects of changes in reserve
requirement percentages.
2/ Components may not add to totals due to rounding.
3/ Private demand deposits include all demand deposits except those due to U.S. Gov't, less cash items in
process of collection and demand balances due from domestic commercial banks.
NOTE: Reserve data have been revised to reflect percentage reserve requirements effective in January 1968 and all
series have been revised to take account of changes in seasonal factors. Revised back data are available
on request from the Division of Research and Statistics, Board of Governors of the Federal Reserve System,
Washington, D. C.
20551.