Full text of H.6 Money Stock Measures : April 8, 1971

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

QfCQVfr

FEDERAL

RESERVE

statistical

release
For immediate release
April 8, 1971

The seasonally adjusted money stock increased $1 9 billion on
average in March
During the first quarter money supply increased ait an
8.6 per cent annual rate, and expansion over the past six months was1 at
a 6 per cent annual rate.
Total time and savings deposits increased
$5 2 billion in March
MONEY STOCK AND TIME DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

Time deposits
adjusted
(All commercial
banks)

Money Stock
Perxod

1970—March
April

May
June
July
August
September
October
November
December
1971—January
February
March p

Week ending
1971—Mar

3

10
17
24 p
31 P

Average of last 4 week*




Total
206- 6
208 3
209.2
209.6
210^6
211.8
212.8
213.0
213.5
214.6

46.7
47 1
47 7
47 8
48 1
48.2
48 2
48 5
48 7
48 9

214 8
217.3
219.2

49 2
49 6
50.0

218
218
r 218
219
220

5
3
4
3
7

219 2

Demand deposit
component

Currency
component

49
49
50
50
50

8
8
0
0
1

50 0

1

159.8
161 2
161 6
161 9
162 5
163 7
164 6
164 5
164 8
165 7
165.5
167 7
169 2

168
168
r 168
169
170

;

195 3
198 5
200 3
202 2
208 2
213 2
218 5
222 2
225 0
230 4
235 3
240 9
246 1

7
5
4
3
6

243.7
244 7
246 2
247 1
247 7

169 2

246 4

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

Period
1

Total

Not seasonally adjusted )

Related d e p o s i t s
( A l l commercial banks)
Time
| U S Gov't
adjusted
demand

Money S t o c k
Currency
Demand d e p o s i t
component
component

1970--March
April
May
June
July
August
September
October
November
December

204 7
209 3
205 3
207-8
209.0
208 7
211.4
213 0
215.3
221.1

46.3
46-6
47.3
47 7
48 3
48.3
48 2
48.5
49 2
50 0

158 4
162.6
158.0
160.1
160.7
160.4
163.1
164.5
166 1
171.1

1971—January
February
March
p

221.3
215 5
217.2

49.1
49 2
49 5

172.1
166.3
167.7

|

167.5

I

Week ending
1971—Mar

3
10
17
24 p
31 p

p - Preliminary
NOTE

216
216
217
r 216
217

7
9
8
3
7

49 2
49 8
49 7
49.5
49 3

i
j
\
i

r

167.1
168.1
166 8
168.3

195.9
199.3
201.1
202.3
208.1
214.0
218.4
222.5
224-6
228.7

!

6.9
5.3
6.4
6.5
6.8
7.1
6.8
6.1
5.6
7.1

234.5
240.3
246.9

6.6
8.3
5.4

243.5
245.3
247.0
248.0
248.8

7.5
5.5
5.8
5 4
4.1

r - Revised

Money supply consists of (1) demand deposits at all conimercial 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