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

FEDERAL RESERVE Statistical Release H.6

statistical

release

Table 1

For Immediate Release

MONEY STOCK MEASURES

APRIL

8,

1976

IN BILLIONS OF DOLLARS

M!

M2

M3

M4

HS

M! Plus Time
M 2 Plus
Currency Deposits at
M 2 Plus
M 3 Plus
Deposits at
Commercial Nonbank
Plus
Large
Large
Banks
Demand
Negotiable Negotiable
Thrift
Deposits-!/ Other Than Institutions^
CD's*/
CD's^
Large CD's^

Date

Ml

MAY
JUNE
JULY
AUG.

SEPT.
OCT.
NOV.
DEC.

1976— JAN.
FEB.
MAR.

P

W3

M4

MI Plus Time
M 2 Plus
M 2 Plus
Currency Deposits at Deposits at
Plus
Large
Commercial Non banks
Banks
Negotiable
Demand
Thrift
Deposits!/ Other Than Institutions^
CD's*/
Large CD's^

M5
M 3 Plus
Large
Negotiable
CD's^

Not Seasonally Adjusted

Seasonally Adjusted
1975 — MAR.
APR.

M2

284.1
284.9
287.6
291.0
291.9
293.2
293.6
293.4
295.7
295.0 /

623.0
626.7
633.7
642.4
647.5
650.6
652.9
655.7
661.6
663.3

1003.7
1012.7
1025.3
1040.2
1051.6
1060.6
1068.1
1075.6
1086.0
1091.8

712.8
715.1
718.8
726.5
729.6
729.3
731.9
736.6
743.4
746.2

1093.5
1101.1
1110.4
1124.3
1133.7
1139.3
1147.2
1156.5
1167.7
1174.7

281.4
286.5
282.9
290.3
292.1
290.0
291.7
292.4
297.6
303.4

622.7
631.1
631.9
643.5
647.6
647.2
649.5
653.0
659.7
668.4

1005.0
1020.0
1025.7
1044.5
1055.0
1057.1
1062.8
1070.3
1080.1
1093.6

710.8
716.9
716.0
725.8
729.1
728.4
732.2
736.8
742.5
751.8

1093.1
1105.8
1109.8
1126.8
1136.3
1138.3
1145.5
1154.0
1162.9
1177.0

295.3
296.8
298.4

669.0
677.0
681.6

1102.4
r 1115.6
1125.3

748.2
752.3
754.8

1181.6
r 1190.9
1198.4

301.2
293.2
295.6

674.1
673.8
681.5

1105.8
r 1111.7
1126.6

752.6
746.8
753.3

1184.3
r 1184.7
1198.4

296.4
297.3
297.9
295.8

674.3
676.7
678.4
676.7

751.0
752.5
753.7
751.4

295.3
295.1
294.7
288.5

672.5
674.8
675.4
670.6

747.8
748.7
746.3
742.6

296.8
299.3
298.7
r 297.3
298.5

678.5
662.0
681.6
t 681.0
682.9

752.3
755.0
754.8
754.0
756.2

677.0
681.3
682.8
r 679.6
683.4

748.3
752.4
754.4
r 751.6
755.9

WEEK ENDING:

1976 — FEB.

4
11
18
25

MAR.

3
10
17

24 P
31 P

294.0
296.5
297.0
r 293.1
295.5

I/ INCLUDES ( 1 ) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC COMMERCIAL BANKS AND THE U.S.GOVERNMENT,
L E S S CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R.FLOAT; (21 FOREIGN DEMAND BALANCES AT F.R.0ANKS; AND C3I CURRENCY OUTSIDE
THE T R E A S U R Y , F.R.BANKS AND VAULTS OF ALL COMMERCIAL BANKS.
2/ INCLUDES, IN ADDITION TO CURRENCY AND DEMAND DEPOSITS, SAVINGS DEPOSITS, TIME DEPOSITS OPEN ACCOUNT, AND TIMfc CERTIFICATES OF
DEPOSITS OTHER THAN NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE BY LARGE WEEKLY REPORTING COMMERCIAL BANKS.
3/ INCLUDES M 2 » PLUS THE AVERAGE OF THE BEGINNING AND END OF MONTH DEPOSITS OF MUTUAL SAVINGS BANK* SAVINGS AND LOAN SHARES, AND
CREDIT UNION SHARES.
4/ INCLUDES M2t PLUS NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,OOO OR MORE.
 5/ INCLUDES M3, PLUS NEGOTIABLE TIME CERTIFICATES OF DEPOSIT IS'SUED IN DENOMINATIONS OF $100,000 OR MORE.

p - PRELIMINARY;



R - REVISED

FEDERAL RESERVE Statistical Release H.6
Table 2

MONEY STOCK MEASURES
PER CENT CHANGE AT SEASONALLY ADJUSTED A N N U A L RATES
M

DATE

MS

9n A

M3

Currency Plus
Demand Deposits-!/

Mi Plus Time
Deposits at
Commercial
Banks Other Than
Large CD's^/

M2 Plus Deposits
at N o n b a n k ! T h r i f t
Institutions 1 ^/

M2 Plus Large
Negotiable CD's 5 '

Ma Plus Large
Negotiable CD's- 7

12.3

4.6

8.1

i

L

M4

MAR. FROM:
1975

(3 MONTHS PREVIOUS)

4.6

ll.o

SEPT. 1975

(6 MONTHS PREVIOUS)

3.3

8.8

10.7

6.3

8.9

MAR.

(12 MONTHS PREVIOUS)

5.0

9.4

12.1

5.9

9.6

DEC.

1975

FOUR WEEKS ENDING: MAR. 31,
FROM FOUR W E E K S ENDING:
DEC.

1976

31, 1975(13 WEEKS PREVIOUS)

5.2

11.2

4.8

OCT.

1,

1975(26 WEEKS PREVIOUS)

3.5

8.9

6.3

APR.

2,

1975(52 WEEKS PREVIOUS)

4.9

9.3

5.8

I/ INCLUDES (1) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC COMMERCIAL BANKS AND THE U.S.GOVERNMENT*
LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R.FLOAT; (2) FOREIGN DEMAND BALANCES AT F f R.BANKS; AND (3) CURRENCY OUTSIDE
THE TEASURY, F.R.BANKS AND VAULTS OF ALL C O M M E R C I A L BANKS.
2/ INCLUDES, IN ADDITION TO CURRENCY AND DEMAND DEPOSITS, SAVINGS DEPOSITS, TIME DEPOSITS OPEN tt&OUNT, AND T I M E CERTIFICATES OF
DEPOSITS OTHER THAN NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100*0*>O OR MORE BY LARGE W E E K L Y REPORTING COMMERCIAL BANKS.
3/ INCLUDES M2, PLUS THE A V E R A G E OF THE BEGINNING AND END OF MONTH DEPOSITS OF MUTUAL SAVINGS BANKS, SAVINGS AND LOAN SHARES, AND
CREDIT UNION SHARES.
4/ INCLUDES M 2 t PLUS NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF *1OO,000 OR MORE.
5/ INCLUDES M3t PLUS NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE.
NOTE: ALL RATES OF CHANGE ARE BASED ON DAILY AVERAGE DATA; RATES OF CHANGE ARE NOT COMPOUNDED.




FEUtKAL KtStRVt Statistical Release H.6

Table 3

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS
SEASONALLY ADJUSTED, IN BILLIONS OF DOLLARS

Time and Savings Deposits
Date

1975 — MAR.
, APR.
MAY

JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC.
1976 — JAN.
FEB.
MAR. P

Currency

Demand Deposits

69.4
69.5
70.2
71.0
71.3
71.9
72.0
72.6
73.4
73.7

CD's^

Other

Total

214.7
215.4
217.4
220.0
220.6
221.3
221.6
220.8
222.3
221.3

89.8
88.4
85.1
84.1
82.1
78.8
79.1
80.9
81.8
82.9

339.0
341.8
346.1
351.4
355.5
357.4
359.2
362.3
365.9
368.3

428.7
430.1
431.2
435.5
437.6
436.2
438.3
443.2
447.6
451.2

74.2
75.0
75.7

221.2
221.8
222.8

79.2
75.4
73.1

373.7
380.1
383.2

452.9
455.5
456.4

74.6
74.9
75.0
75.1

221.8
222.4
222.8
220.7

76.7
75.8
75.3
74.8

377.9
379*4
380.5
380.9

454.6
455.2
455.8
455.7

75.2
75.7
75.7
75.8
75.8

221.6
223.5
223.0
r 221.5
222.7

73.8
73.0
73.0
72.9
73.4

381.7
382.7
383.1
* 383.7
384.4

455.5
455.8
456.1
456.6
457.8

Nonbank
Thrift Institutions 27
380.7
386.0
391.6
397.8
404.1
410.0
415.2
420.0
424.4
428.5

*

433.4
438.6
443.6

WEEK ENDING:
1976 — FEB.

4
11
18
25

MAR.

3
10
17

24 P
31 P

I/ INCLUDES NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE BY LARGE WEEKLY REPORTING COMMERCIAL BANKS.
2S AVERAGE OF BEGINNING AND END OF MONTH DEPOSITS AT MUTUAL SAVINGS BANKS, SAVINGS AND LOAN SHARES, AND CREDIT UNION SHARES.
PRELIMINARY; R - REVISED




FEDERAL RESERVE Statistical Release H.6

Table 4

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS
NOT SEASONALLY ADJUSTED, IN BILLIONS OF DOLLARS
Demand Deposits
Date

1975 — M A R .
APR.

Currency
Total^

Member

Time and Savings Deposit

Domestic
Nonmember^

OCT.
NOV.
DEC.

68.8
69.1
70.0
71.2
71.9
72.1
71.9
72.5
73.9
75.0

212.6
217.4
212.9
219.1
220.3
217.8
219.9
219.9
223.6
228.4

153.4
156.9
153.4
157.2
157.9
155.8
157.0
156.6
158.9
162.1

56.0
57.4
56.6
58.9
59.4
59.0
59.7
60.3
61.5
62.9

1976 — JAN.
FtB.
MAR.

73.7
74.0
75.1

227.6
219.2
220.5

161.9
155.7
156.7

4
11
18
25

73.4
74.5
74.3
73.4

221.8
220.6
220.4
215.1

3
10
17
24 P
31 P

74.1
75.6
75.3
75.0
74.7

219.9
220.8
r 221.7
r
218.1
220.8

MAY
JUNE
JULY
AUG.

SEPT.

P

CD's^

Other

Total

Nonbank
Thrift
Institutions4/

U.S. Gov't.
Demand-5/

81.3
81.1
62.7
83.7
82.9
83.5

341.4
344.6
349.1
353.2
355.7
357.3
357.7
360.7
362.1
365.0

429.4
43C.4
433.2
435.5
436.9
438.4
440.5
444.4
444.9
446.4

62.5
60.3
60.7

78.5
73.0
71.8

372.8
380.6
385.9

451.3
453.7
457.7

158.5
156.7
156.3
152.5

60.3
60.9
60.8
59.4

75.2
73.9
72.9
72.0

377.2
379.6
380.7
382.1

452.5
453.6
453.6
454.1

4.4
4.5
4.7
5.1

156.4
156.5
r 157.4
154.9
157.7

60.2
61.1
61.4
60.2
60.1

71.3
71.1
71.6
72.0
72.5

383.1
384.9
385.6
r 386.5
387.9

454.3
456.0
457.4
458.5
460.4

3.8
3.2
4.5
4.9
3.3

88.1
85.8
84.1
82.3

r

382.3
388.9
393.8
401.0
407.2
409.9
413.3
417.2
420.4
425.2

3.4
2.7
3.9
3.4
3.5
4.2

431.8
437.8
445.1

3.8
4.6
4.0

3.8
4.0
4.1
4.2

WEEK ENDING:

1976 — FEB.

MAR.

r

I/ TOTAL DEPOSITS INCLUDE, IN ADDITION TO THE M E M B E R AND DOMESTIC N O N M E M B E R DEPOSITS SHOWN, DEPOSITS DUE TO FOREIGN AND
INTERNATIONAL INSTITUTIONS AT F.R.BANKS AND Ml TYPE B A L A N C E S AT A G E N C I E S AND B R A N C H E S OF FOREIGN BANKS.
2/ B A S E D ON MOST RECENT CALL REPORT SINGLE-DAY OBSERVATIONS.
3/ INCLUDES N E G O T I A B L E TIME C E R T I F I C A T E S OF DEPOSIT ISSUED IN D E N O M I N A T I O N S OF $100,000 OR MORE BY L A R G E W E E K L Y
REPORTING C O M M E R C I A L BANKS.
4/ A V E R A G E OF B E G I N N I N G AND END OF MONTH DEPOSITS AT MUTUAL SAVINGS BANKS, SAVINGS AND LOAN SHARES, AND CREDIT UNION SHARES
5/ U.S.GOVERNMENT D E M A N D DEPOSITS AT ALL C O M M E R C I A L BANKS.
P -r P R E L I M I N i*Y; R - REVISED