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J a n u a r y , 1939« TOTAL SUPPLY OF MONEY IN THS UNITED STATES, 1919-1938 Juno 30 Adjusted. Demand 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 17,030 17,990 18,860 19,570 21,150 21,610 22,250 22,340 22,620 21,870 19,910 15,§70 14,450 16,650 20,540 23,860 25,260 24,390 1934 1935 1936 1937 1938 D e p o s i t s S u b j e c t t o Chock F o r e i g n Bank D e p o s i t s U. S . Governi n American Banks ment 463 203 364 233 205 241 261 294 416 347 491 471 885 1,804 922 1,840 763 1,470 138 150 274 390 400 310 575 622 450 514 580 190 177 165 317 573 929 598 Total Currency O u t s i d e Banks T o t a l Supply of Money 17,631 18,343 19,498 20,193 21,755 22,161 23,086 23,256 23.486 22,731 20,981 16,331 15.512 18,619 21,779 26,273 26,952 26,458 3,700 3,360 3,760 3,660 3,590 3,620 3,580 3,650 3,660 3,380 3,670 4,640 4,790 4,680 4,810 5,260 5,530 5,470 21,331 21,703 23,258 23,853 25,345 25,781 26,666 26,906 27,146 26,111 24,651 20,971 20,300 23.299 26 ,,589 21,533 32,482 31,928 Percentage increase in total money supply, 1938 over 1929 - 18 percent m « u n i t 1933 — 57 «t w t t f t