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H.9
(Rev. 6/70)

WEEKLY SUMMARY OF |RANKING--AND CREDIT MEASURES
(Averages

Week ended
Aug. 26

For immediate release
August 27, 1970.

4 weeks ended

Aug. 19

Aug. 26

July 29

|

Year-aiko data
Week ended |4 wks . ended
Aug. 27
Aug. 27

Mar g i n a L Reserve Measures & Interest Rates CNSA)
Member bank borrowings ($ mil.)
' Free or wet borrowed (->) reserves ($ mil.)
Federal funds rate
Dealer loan rate 1/
3-month Treasury bill rate
3-month CD rate (secondary market) 2/
3-month Euro-dollar rate
U . S . Government bond rate 3/
Reserve Aggregates

.660
-535
6 .34
7 .04
6.28
7 .73
8.15
7 .09

680
-598
6.64
7.37
6.50
7 .80
8.08
7.22x

1,398
-1,237
7.25
8.03
6.47
8.03
8.79
6.92

1,204
-992
8.82
9.29
7.04
8.33
10.91
6.24

1,211
-997
9.09
9.57
6.98
8.45
10.64
6.21

($ bil., SA) 47

Total reserves
Nonborrowed reserves
Required reserves

28.7
28.1 ,
28.5

28.6
27.9
28.5

Week ended
Aug. 19
Aug. 12
Monetary Aggregates

881
-723 V
6.68
7.34
6.43
7.83
8.23
7.07

28.5
27.7
28.3

28.1
26.7
27.9

4 weeks ended
Aug. 19
July 22

27.4"
26.3
27.1

27.4
26.2
27.2

-

Week ended 4 wks . ended
Aug. 20
Aug. 20

($ bil., SA)

Total member bank deposits
Total member bank deposits plus nondeposit items 5/
Money supply (currency & demand deposit components)
Time deposits, all commercial banks
U.S. Government demand deposits, member banks

302.2
321.1
206 .6
211.5
5.6

301.4
320.3
206.1
210.9
5.8

300.9
319.9
205.4
210.4
5.7

293.8
313.9
204.3
205.1
4.2

284.4
303.1
199.5
194.4
1.7

285.9
304.4
199.2
195.4
2.7 .

NSA - Not seasonally adjusted.
SA - Seasonally adjusted.
1/ Unweighted average rates on loans posted by major New York City banks.
2/
Average of range of offering rates on negotiable certificates of deposit with 3-month maturity in second market.
3/ Daily average yield on 20-year bonds.
4/
Includes increases in required reserves due to changes in Regulations M and D, effective October 16, 1969.
57 Sometimes referred to as the "adjusted credit proxy". Includes member bank deposits, bank-related commercial

paper Euro-dollar borrowings of U.S. banks, and
http://fraser.stlouisfed.org/ amounted to $7,444 million. certain other nondeposit sources. On A u g . 19 bank-related
commercial paper

Federal Reserve Bank of St. Louis


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102