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F E D E R A L

R E S E R V E

statistical

release
*u' it tit is'^MQ*Re,ease

N.3

AGGREGATE RESERVES AND MEMBER BANK DEPOSITS
AVERAGES OF DAILY FIGURES, IN BILLIONS OF DOLLARS
SEASONALLY ADJUSTED

FEB
tHkZa.

|

MEMBER BANK RESERVES V

"**ftK™
t 4 m<

^

•

DEPOSITS SUBJECT TO RESERVE REqffjj

" torn

ftf ft- 1 It f

Period

1976—DEC.

FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC.

WEEK

Nonborrowed

Required

34.95

34.90

34.68

34.40
34.31
34.68
34.72
34.86
35.35
35.64
35.63
35.90
36.01
36.21

34.33
34.20
34.61
34.52
34.60
35.03
35.00
34.59
35.15
35.64

34.20
34.09
34.49
34.51
34.71
35.08
35.44
35.42
35.69
35.76
36.02

Total

!

!

1

34.58

Time and
Savings

Total

!
i
!

Private Demand Dep
Total

f\K
1

12.3

159.2

357.3
360.1
361.3
361.4
363.1
367.0
369.2
370.8
372.4
377.1
383.5
387.7

172.5
169.5
171.1
173.4
172.3
173.8
175.8
177.0
176.9
179.0
177.6
178.5

12.6
10.5
11.5
11.6
11.9
11.6
12.0
11«5
U
7
11.1
11.3

159.9
158.9
159.6
161.9
160.7
161.9
164.2
165.1
165.4
167.2
166.5
167.1

382.7
385.1
385.8

175.4
176.9
178.0

9.1
11.1
10.9

166.4
16 5 . 8
167.1

386.3
387.3
387.5
368.8

179.2
178.0
179.2
176.2

11.3
11.2
11.9
10.0

167.8
166.8
167.3
166.1

390.3
390.0
389.9

182.8
180.7
181.3

13.2
11.6
11.8

169.6
169.1
169.5

355.0

532.5
532.0
535.2
538.4
537.6
544.5
547.7
551.4
552.9
559.4
564.6
569.9

|

1

11.5

II Q

Govt.

Other

171.4

529.6

1

Net
Interbank

.

YO

DSitS

3.2

!

2.7
2.5
2.8
3.6
2.1
3.7
2.8
3.6
3-7
3*3
3.5
3.7

ENDING:

1977—NOV.

16
23
30

36.16
35.91
35.93

35.62
35.03
34.85

35.74
35.92
35.49

562.0
566.2
566.9

DEC.

7
14
21
28

35.86
36.22
36.26
36.19

35.28
35.71
35.73
35.50

35.85
35.91
36.11
35.94

568.5
568.3
571.7
568.0

4
11 P
18 P

36.93
36.25
37.71

36.42
35.81
37.29

36.61
35.94
37.28

576.8
574.2
575.0

1978—JAN.




3.9
4*2
3.1

i
1

!

|
!

i
SEE REVERSE S IDE FOR EXPS .AN AT I O N OF FOC T N O T E S .

!

i

3*1
2.9
4.9
3.0
3.7
3.5
3.8

M.3

Page 2

MEMBER BANK DEPOSITS
AVERAGES OF DAILY FIGURES, IN BILLIONS OF DOLLARS
NOT SEASONALLY ADJUSTED
IMIUMMWI

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
Private Demand Deposits

Period
Total

Time and
Savings

Net
Interbank

Total

j
|

Other

U.S. Govt.
Demand

1976—DEC*

534.8

353.6

177.9

13.0

164.9

3.3

1977—JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC.

537.7
528.7
534.0
541.3
535.8
544.5
547.6
548.3
552.1
558.2
562.1
575.3

357.0
358.4
361.7
362.3
364.7
367.8
369.5
371.7
373.0
377.5
380.7
386.4

177.8
167.2
169.1
175.0
168.5
173.0
175.6
174.1
175.2
178.0
178.7
185.1

13.3
10.4
11.1
11.3
11.0
11.7
11.7
11.8
11.5
11.6
11.4
12.0

164.5
156.9
158.0
163.7
157.5
161.2
163.9
162.2
163.7
166.4
167.4
173.1

2.9
3.1
3.2
4.0
2.5
3.7
2.6
2.5
3.8
2.7
2.6
3.8

379.9
362.1
382.7

177.8
177.1
178.9

9.4

30

560.0
562.3
564.3

11.3
11.0

168.4
165.8
167.9

2.2
3.0
2.8

7
14
21
28

568.4
570.9
578.7
575.7

383.8
385.4
386.3
388.3

182.5
183.5
185.8
183.4

11.6
11.4
12.2
11.0

171.0
172.1
173.6
172.4

4
11 P
18 P

594.2
583.2
579.7

390.2
389.9
389.7

199.1
190.3
186.9

1

WEEK E N D I N G :
1977—NOV.

16
23

DEC.

1978—JAN.

j

16.7
13.0
11.9

j

182.5

I

177.4
175.0

.

2.1
1.9
6.5
3.9
4.9
2.9

1 ll_

P - PRELIMINARY
1/ MEMBER BANK RESERVES SERIES REFLECTS ACTUAL RESERVES REQUIREMENT PERCENTAGES WITH NO ADJUSTMENT TO ELIMINATE THE EFFECT OF
CHANGES IN REGULATION D AND M.
2/ TOTAL MEMBER BANK DEPOSITS SUBJECT TO RESERVE REQUIREMENTS, PLUS EURO-DOLLAR BORROWINGS, LOANS SOLD TO BANK-RELATED
INSTITUTIONS , AND OTHER NONDEPOSIT ITEMS.
NOTE: BACK DATA ARE AVAILABLE FROM THE BALING SECTION, DIVISION OF RESEARCH AND STATISTICS, BOARD OF GOVERNORS OF THE FEDERAL
RESERVE SYSTEM, WASHINGTON, D.C. 20551.