View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL

RESERVE

statistical

release

^ ^ ^ '
For immediate release
February 12, 1970
The seasonally adjusted money supply is estimated at $199 1 billion m the
week ending February 4, little changed from the preceding week* but well below the
average level for January. Time and savings deposits continued to decline in the
latest week, with the average level for the week ending February 4 estimated about
$1.0 billion below the January level*
MONEY SUPPLY AND TIME DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

Money Supply
Perxod

1968—January
February
March
April

May
June
July
August
September
October
November
December
1970—January p
Week ending
1969—Dec
17

24
31
1970--Jan

7
14
21
28

I
|

Tnt-^T

p
p
P
p

Feb
4 p
Average of last 4 weeks

195
196
196
198
198
199
199
199
199
1
199
1
199
r 199

8
3
8
1
3
0
3
0
0
1
3
6

Demand deposit
component

Currency
component
43 5
43 8

!

!
I

44 1
44 2
44 5
44 8
45 0
45
45
45
45
r 45

3
2
6
9
9

i
i




152
152
152
154
153
154
154
153
153
153
153
153

3
5
6
0
8
2
4
8
7
6
4
7

Time deposits
adjusted
(All commercial
banks)
203
202
202
202
201
200
197
194
194
193
193
194

2
4
3
3
7
8
7
5
1
5
4
1

201 2

r 46 1

155 l-

192 1

198 7
197 8
r 203 0

46 1
46 2
r 45 8

152 7
151 6
r 157 2

194 1
194 3
193 9

202
202
201
199

156
156
155
152

5
1
7
2

.

45
46
46
46

7
0
1
3

199 1
200 5

i

46 3
46 2

193
192
192
191

8
1
5
9

152 8
154 3
„,«»_

p - Preliminary
r - Revised

1

|
i

——

-J

3
2
0
5

191 1
191 7

DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages of dally figures, in billions of dollars

Related d e p o s i t s
Money Supply
; ( A l l commercial banks)
U S Gov't
Demand d e p o s i t
Time
Currency
component
component
adlusted
demand

Period
Total
1969---January
February
March
April
May
June
July
August
September
October
November
December

201
194
195
199
194
197
197
195
197
199
201
206

7
8
0
2
4
0
8
9
6
3
0
0

43 5
43.4
43 7
43 8
44 2
44 7
45 2
45 4
45 2
45 6
46 4
r 46 9

1970- -January p

207 .2

Week ending
1969- -Dec
17
24
31
Jan

Feb

7
14
21
28

p
p
p
p

4 p

Not seasonally adjusted )

158 2
151 4
151 3
155 3
150 3
152 3
152 7
150.5
152 4
153 7
154 7
159 1

202 8
202 4
202 9
202 7
202 2
201 0
197 7
195.5
194 3
193 7
192 6
192 4

46.0

161.2

191.7

4.8

205 7
205 2
r 211 1

46 8
47 3
r 46 8

158 9
157 9
r 164 3

192 4
192 4
192 5

4 9
7.4
r 5 4

*212
209
206
201

46
46
46
45

166
163
160
156

8
7
8
7

201 8

6
2
0
5

45 8

3
5
8
2

,156 0

192
191
191
191

5
9
63

191 1

4 9
6 9
4 8
5 4
9.2
6 0
5 6
4 3
5.3
4 2
5 1
r 5 5

4
3
4
6

8
4
1
0

6 5

;
p - Preliminary
r - Revised
NOTE
Money supply consists of (1) demand deposits at all commercial banks, other than
those due to domestic commercial banks and the U S Government, less cash items
in process of collection and Federal Reserve float, (2) foreign demand balances at
Federal Reserve Banks, and (3) currency outside the Treasury, the Federal Reserve
and the vaults of all commercial banks
Time deposits adjusted are time deposits
at all commercial banks other than those due to domestic commercial banks and the
U S Government