Full text of H.6 Money Stock Measures : December 10, 1982

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

FEDERAL RESERVE statistical release
H6 (508)
Table 1

For Release at 4:15 p.m. EST

MONEY STOCK MEASURES AND LIQUID ASSETS

DEC .

1 0 , 1982

Billions of dollars
M1

sum of
currency,
travelers
checks,
demand
deposits and
other
checkable
deposits1

Date

M2
M3
Seasonally adjusted
M1 plus
overnight RPs
M2 plus large
and
time deposits,
Eurodollars,
term RPs and
MMMF
balances (gen. institution-only
MMMF
pur. and
broker/dealer),
balances3
and savings
and small time
deposits*

M1

L

M3 plus other
liquid assets4

sum of
currency,
travelers
checks,
demand
deposits and
other
checkable
deposits1

M2
M3
Not seasonally adjusted
M1 plus
overnight RPs
M2 plus large
and
time deposits,
Eurodollars,
term RPs and
MMMF
balances (gen. institution-only
MMMF
pur. and
balances3
broker/dealer),
and savings
and small time
deposits2

L

M3 plus other
liquid assets4

1981—NOV.
DEC.

436.4
440.9

1809.9
1822.7

2174.7
2188.1

2629.3
2642.8

439.7
451.2

1809.6
1829.4

2175.6
2199.9

2628.5
2653.8

1982—JAN.
?£B.
MAR.
APR.
MAY
JUNE
JUIY
AUG.
SEPT.
OCT.
NOV. P

448.6
447.3
448.3
452.4
451.5
451.4
451.3
455.2
460.5
468.3
474.6

1841.3
1848.0
1865.2
1880.7
1897.5
1907.9
1923.4
1*946.3
1954.4
1967.7
1986. 1

2204.3
2215.0
2235.8
2258.1
2279.3
2296.0
2320.2
2355.9
2363.5
2381.5
2399.1

2667.9
2690.5
2717.1
2744.0
2774.1
2799.2
2832.3
2858.9

453.4
437.2
440.0
455.5
44 5 . 1
450.5
454.0
454.0
460.5
470.1
478.1

1849.2
1842.9
1861.9
1887.9
1888.9
1906.4
1924.8
1938.9
1950.7
1971.7
1985.9

2217.2
2216.0
2237.4
2266. 1
2269.3
2290.0
2314. 1
2342.5
2356.1
2382.8
2400. 1

2682.3
2698.4
2723.1
2754.5
2767.3
2794.4
2820.8
2844.1

M1
For period ended

1982—NOV.

3
(0
17
24 P

DEC.

1 P

13-week
average

Seasonally adjusted
4-week
average

week average

13-week
average

Not seasonally adjusted
4-week
week average
average

462. 1
463.7
465.3
466.7

469.9
471. 1
473.1
474.1

473.1
473.3
475.8
474.2

462.4
4.64. 1
466.2
468.0

470.4
471.8
475.0
477.5

474. 7
480.2
482.2
472.8

468. 1

474.8

476.0

469.9

478.3

478. 1

SPECIAL CAUTION SHOULD BE TAKEN IN INTEBPHETING WEEK-TO-WEEK CHANGES IN MONEY SUPPLY DATA, hHICH ARE
HIGHLY VOLATILE AND SUBJECT TO REVISION.
P—INDICATES PHELIMINABY DATA.
.FOOTNOTES APPEAR ON THE FOLLOWING PAGE




H.6(508)
Table 2

MONEY STOCK MEASURES AND LIQUID ASSETS
Percent change at seasonally adjusted annual rates

Date

Ml

M2

M3

MONTH AVERAGE:
3 MONTHS FROM AOG. 1982 TO NOV. 1982

17.0

8.2

7.3

6 MONTHS FBOfl HAT 1582 TO NOV. 1982

10.2

9.3

10.5

8.8

9.7

10.3

12 MONTHS FRCM NOV. 1981 TO NO?. 1982

THIRTEEN WEEKS ENDING DEC. 1, 1982
FROM THIRTEEN WEEKS ENDING:

1/

2/

3/

V

SEPT.

1, 1982 (13 HEEKS PREVIOUS)

13.8

JUNE

2, 1982 (26 WEEKS PREVIOUS)

7.7

DEC.

2, 1981 (52 WEEKS PBEVIOOS)

7.9

FOOTNOTES TO TABLE 1
AVERAGES OF DAXLY FIGURES FOB (1) CURRENCY OUTSIDE THE TREASURY, FEDERAL RESERVE BANKS, AND
THE VAULTS OF COMMERCIAL BANKS; (2) TRAVELERS CHECKS OF NONBANK ISSUERS; (3) DEMAND DEPOSITS
AT ALL COMMERCIAL BANKS OTHER THAN THOSE DOE TO DOMESTIC BANKS, THE U.S. GOVERNMENT, AND
FOUEIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITBMS IN THE PBCCESS OF COLLECTION AND
FEDERAL RESERVE FLOAT; AND (4) OTHER CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE
ORDER OF WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER ACCOUNTS (ATS) ACCOUNTS AT DEPOSITORY
INSTI1UTI0NS OTHER THAN CREDIT UNIONS, CREDIT UNION SHARE DRAFT ACCOUNTS, AND DEMAND
DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AND DEMAND DEPOSIT COMPONENTS EXCLUDE THE
ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY THRIFT INSTITUTIONS
TO SERVICE THEIR OCD LIABILITIES.
INCLUDES OVERNIGHT {AND CONTINUING CONTRACT) RPS ISSUED BY ALL COMMERCIAL BANKS AND EURODOLLARS
ISSUED BY CARIBBEAN BRANCHES OF MEMBER BANKS, SAVINGS AND SMALL DENOMINATION TIMS DEPOSITS
(TIME DEPOSITS—INCLUDING RETAIL R P S — I N AMOUNTS OF LESS THAN $100,000), AND TIME DEPOSITS
BROKER/DEALER MONEY MARKET MUTUAL FOND SHARES. EXCLUDES AMOUNTS BSLD BY U.S. COMMERCIAL BANKS,
MONEY MARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AND COMMERCIAL BANKS,
AND THE U.S. GOVERNMENT. H2 RILL DIFFER FROM THE SUM OF COMPONENTS PRESENTED IN SUBSEQUENT IABLES
BY A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT
CASH HELD BY THRIFT INSTITUTIONS TO SERVICE TIME AND SAVINGS DEPOSITS.
INCLUDES LARGE DENOMINATION TIME DEPOSITS AND TERM RPS (IN AMOUNTS OF $100,000 OR MORE) ISSUED
BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS, EXCLUDING THOSS HELD BY DEPOSITORY INSTITUTIONS,
THE U.S. GOVERNMENT, MONEY MARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. M3 HILL
DIFFER FROM THE SUM OF COMPONENTS PRESENTED IN SUBSEQUENT TABLBS BY A CONSOLIDATION ADJUSTMENT
THAT REPRESENTS THB ESTIMATED AMOUNT OF OVERNIGHT RPS HELD BI INS1ITUTIOH-ONLY MONEY MARKET
MUTUAL FUNDS.
OTHER LIQUID ASSETS INCLUDE THB NONBANK PUBLIC HOLDING OF U.S. SAVINGS BONDS, SHORT-TERM
TREASURY SECURITIES, COMMERCIAL PAPER, BAHKBBS ACCEPTANCES, AND TEEM BUBODOLLARS HELD BY U.S.
RESIDENTS, NET OF MONEY MARKET MUTUAL FOND HOLDINGS OF THESE ASSETS.




H.6 (508)
Table 3

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally adjusted unless otherwise noted

Currency1

Date

Travelers
checks2

Demand
deposits3

Savings deposits
Other
Overnight
checkable
RPs 5
4
deposits
NSA

Overnight
Eurodollars6
NSA

at
commercial
banks

at
thrift
institutions

total

Small denomination
time deposits7
at
at
commerthrift
total
cial
institubanks
tions

Money market
mutual fund balances6
general
purpose institution
and broker/
only
dealer

4.3
4.3

235.7
236.4

74.7
77.0

30.4
31.4

6.5
6.7

156.4
157.0

184.5
186.6

340.9
343.6

357.4
357.3

499.4
497.4

856.8
854.7

144.9
151.2

32.0
33.7

1982-JAN.
FEB.
BAR.

121.8
123.1
123.8
12a.6
125.1

4.3
4.3
4.4

239.3
234.5
233.0

81.1
83.8
85.8

35.7
35.6
36.7

7.5
7.3
6.3

158.9
159.0
160.8

189.9
189.6
189.9

348.8
348.6
350.7

358.6
363.4
371.0

493.7
496.0
499.0

852.3
859.4
869.9

154.9
156.0
159.2

32.5
30.5
31.5

APR.
HAT
JUKE

126.3
127.4
128.4

4.4
4.5
4.5

233.0
232.7
231.0

88.6
87.0
87.5

34.6
35.8
36.0

5.8
7.0
7.0

160.7
160.5
159.9

189.9
190.4
189.9

350.5
350.9
349.9

379.9
386.5
391.6

501. 7
507.5
509.4

881.6
894.1
900.9

161.9
164.3
168.6

31.5
32.8
33.7

JOLT
AUG.
SEPT.

128.8
129.5
130.5

4.4
4.4
4.4

230.6
231.1
232.6

87.4
90.2
93.0

36.4
37.6
36.8

7.0
6.9
6.5

157.0
155.9
156.5

187.1
186.1
185.9

344. 0
342.0

342.5

401.1
407.9
410.9

518.7
522.7
521.7

919.7
930.6
932.6

171.3
180.0
181.9

36.7
43.1
43.9

OCT.
MO?. P

131.2
131.6

4.4
4.5

236.1
238.0

96.5
100.5

40.1
41.3

6.2
6.6

159.3
163.9

193.3
198.3

352.6
362.2

407.6
407.0

516.2
515.4

923.8
922.4

183.4
185.8

44.8
45.3

407.4
407.2
406.8
407.3

185.3
185.8
186.1
185.7

45.9
45.3
44.5
45.4

406.8

185.7

45.8

198 1-tlOV.
DSC.

WEEK EMDING:

1982-MOf.

DEC.

1/
2/
3/
4/
5/
6/
7/
8/

3
10
17
24 P

131.4
131.5
131.5
131.8

237.3
237.0
239.7
237.6

100.1
100.3
100.1
100.3

42.0
43.6
42.8
41.7

6.4
5.8
7.0

7.2

161.4
163.5
164.4
164.3

1 P

131.9

237.4

102.2

36.1

6.3

164.4

CURRENCT OOTSIDE THE 0.S. TREASURY, F.fi. BANKS AND VAULTS OF COHHERCIAL BANKS. BZCL0DBS THE ESTIMATED AHOONT OF VAULT CASH
HELD BT THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OJ NOHBANK ISSUERS.
DEMAND DEPOSITS AT COHHBRCIAL BANKS AND FOREIGN RELATED INSTITUTIONS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.JZ. FLOAT. EXCLUDES THE
ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BT THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
INCLUDES ATS AND NOW BALANCBS AT ALL DEPOSITOR! INSTITUTIONS EXCEPT CREDIT UNIONS, CREDIT UNION SHAKE DRAFT BALANCES AND
DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHBCKABLE DEPOSITS SEASONALLT ADJUSTED EQUALS DEMAND DEPOSITS PLUS OCD
SEASONALLT ADJUSTED LESS DEMAND DEPOSITS SEASONALLT ADJUSTED.
INCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BT COMMERCIAL BANKS TO OTHBR THAN DEPOSITORT INSTITUTIONS AND MONET
MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BT CARIBBEAN BRANCHES OF U.S. HEMBEJ BANKS TO U.S. RESIDENTS OTHER THAN DEPOSITORT INSTITUTIONS AND NONET MARKET MUTUAL
FUNDS.
SMALL DENOMINATION TIME DEPOSITS — INCLUDING DETAIL BPS — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000.
NOT SEASONALLT ADJUSTED.




H.6 (506)
Table 3-continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions OT ooiiars, seasonally ao usna unless omerwise noiea
Large denomination time deposits^
at commercial
Date
at thrift
banks2
institutions
total

at commercial
banks
NSA

Term RPs3
at thrift
institutions
NSA

Term 4
Eurodollars
total
NSA

Savings
bonds

Short-term
Treasury
securitiefS

Bankers
Commercial
paper7
acceptances^

NSA

1981-NOV.
DEC.

246.8
245.9

53.7
54.4

300.6
300.3

27.8
27.1

7.8
8.3

35.6
35.4

65.5
66.7

67.7
67.7

179.9
176.5

38.1

39.7

103.7
104.2

198 2 - J A N .
FEB.
MAR.

247.2
251.4
254.5

55.5
56.6
58.0

302.6
308.0
312.6

23.7
23.8
22.8

8.8
8.8
8.7

32.5
32.5
31.5

69.9
73.8
74.4

67.8
67.8
67.7

180.3
186.4
191.0

40.2
39.1
37.9

105.5
108.4
110.3

APfi.
HAT
JUNE

258.5
263. 1
268.8

58.7
58.5
59.5

317.2
321.6
328.3

25.2
23.3
21.8

9.0
9.3
9.5

34.2
32.6
31.2

78.5
83.3
84.8

67.7
67.7
67.8

191.7
191.9
194.8

38.3
39.9
40.3

109.7
112. 1
115.7

JULY
AUG.
SEPT.

276.1
279.0
277.7

59.7
60.6
61.6

335.8
339.6
339.3

19.7
22.5
20.9

9.6
9.6
9.6

29.3
32.1
30.5

84.9
82.7

67.7
67.6

199. 9
200.5

40. 8
40.2

118.7
112.0

OCT.
NOV. P

279.5
274.5

63.4
66.0

342.9
340.4

21.6
23.4

9.2
9.4

30.8
32.8

KEEK ENDING:

1982-NOV.

3
10
17
24 P

278.4
276.1
274.3
272.2

24.9
19.7
21.8
23.2

DEC.

1 P

272.8

28.8

2/
3/
4/
5/
6/
7/

LARGE DENOMINATION TINE DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 Ofi HOBS, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONET MARKET MUTUAL FUNDS AND TUBIFT INSTITUTIONS.
TERN EPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY, EXCLUDING CONTINUING CONTRACTS AND RETAIL EPS.
TERM EURODOLLARS ARE THOSE KITH ORIGINAL MATURITY GREATER THAN ONE DAY EXCLUDING THOSE HELD BY DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY OTHER THAN DEPOSITORY INSTITUTIONS, F.R. BANKS, AND HONEY MARKET MUTUAL FUNDS.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F.R. BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND HONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAP Bit LESS COMMERCIAL .PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 3A

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Bill Ion 8 of dollars, not seasonally adjusted
Demand deposits
Date

1

Currency

Travelers
checks2

at member
banks3

at domestic
nonmember
banks4

otner cneckatMe deposits
at foreignrelated
banking
offices
in the U.S.5

total 6

at
commercial
banks7

at thrift
Institutions8

total

Overnight

RPs°

Overnight
Eurodollars")

1981-MOV.
DEC.

122.9
125.4

4. 1
4.1

152.4
156.8

81.4
82.7

4.0
4.1

237.5
243.3

60.6
63.4

14.6
15.1

75.2
78.4

30.4
31.4

6.5
6.7

1982-JAN.
FEB.
MAR.

123.3
123.0
123.8

4. 1
4.1
4.2

157.7
147.3
147.5

82.4
77.6
77.2

3.9
3.9
3.8

243.6
228.5
228.2

66.9
65.8
67.4

15.6
15.6
16.4

82.5
81.5
83.8

35.7
35.6
36.7

7.5
7.3
6.3

APR.
HAT
JUNE

125.6
127.2
128.3

4.2
4.3
4.7

152.7
147.7
149.2

79.9
77.2
77.9

3.9
3.8
3.7

236.1
228.3
230.4

71.4
67.9
69.2

18.1
17.5
18.0

89.5
85.4
87.2

34.6
35.8
36.0

5.8
7.0
7.0

JULY.
AUG.
SEPT.

129.8
130.0
130.2

4.9
4.9
4.7

151.0
150. 1
152.4

77.2
76,. 0
76.7

3.7
3.6
3.7

231.5
229.3
232.4

69.3
70.7
73.4

18.5
19.1
19.9

87.9
89.8
93.2

36.4
37.6
36.8

7.0
6.9
6.5

OCT.
MOV. P

13L2
132.7

4.5
4.3

155.7
157.8

78.1
78.8

3.7
3.7

237.1
239.8

76. 1
79.1

21.2
22.2

97.3
101.4

40.1
41.3

6.2
6.6

131.0
133.5
132.7
132.7

157.9
157.4
159.6
154.9

78.7
79.6
80.4
77.3

4.1
3.7
3.8
3.5

240. 1
240.1
243.3
235.3

77.4
79.8
79.6
78.7

21.9
22.6
22.3
22.0

99.3
102.3
101.9
100.6

42.0
43.6
42.8
41.7

6.4
5.8
7.0
7.2

132.5

159.2

77.7

3.6

240.0

79.1

22.2

101.3

36.1

6.3

HEEK ENDINGS
1982-NOV.

DEC.

1/
2/
3/
4/
5/
6/
7/
8/
9/
10/

3
10
17
24 P
1 P

CURRENCY OUTSIDE THE U.S. TREASURY, F.fi. BANKS AND THE VAULTS OF COfiHERCIAL BANKS. EXCLUDES THE ESTIMATED AMOUNT OF VAULT
CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS CF NONBANK ISSUERS.
DEMAND DEPOSITS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS
CASH ITEMS IH THE PROCESS OF COLLECTION AND F.ft. FLOAT AT MEMBER BANKS OF THE FEDERAL RESERVE SYSTBH.
DEMAND DEPOSITS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS
CASH ITEMS IN THE PROCESS OF COLLECTION AT NONMEMBER BANKS.
DEPOSITS AS DESCRIBED IN FOOTNOTE 4 AT AGENCIES AND BLANCHES OF fOREIGN BANKS, EDGE ACT CORPORATIONS AND FOREIGN INVESTMENT
COMPANIES.
EQUALS SUM OF THREE PREVIOUS COMPONENTS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT
INSTITUTIONS TO SERVICE THEIR CCD LIABILITIES.
NOW AND ATS BALANCES AT COMMERCIAL BANKS, BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT CORPORATIONS.
NOW AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT UNION SHAEE DRAFT BALANCES, AND
DEMAND DEPOSITS AT THRIFTS.
INCLUDES OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND MONEY
MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BY CARIBBEAN BRANCHES CF HEdBER BANKS TO U.S. RESIDENTS CTHER THAN DEPOSITORY INSTITUTIONS AND MONEY MARKET MUTUAL
(GENSr-AL PURPOSE AND EROK ER/DEA LER) .




H.6 (508)
Table 3A-continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
oujuauju

Date

at commercial
banks

at savings
and loans

Savings deposits
at mutual
at
savings banks
credit unions

total

at commercial
banks

Small denomination time deposits1
at mutual
at
Si•vings banks
credit unions

at savings
and iocns

total

1981-NOV.
DEC.

156.9
157.2

95.3
95.4

47.2
47.5

42.7
42.8

342.2
343.0

354.9
355.8

380.7
379.5

99.0
99.0

17.4
17.3

851.9
851.7

1982-JAN.
FEB.
BAB.

158.6
157.5
158.4

96.7
95.9
95.9

47.9
47.3
47.2

43.5
43.8
44.7

346.8
344.5
346.1

359.7
367.3
375.2

381.0
383.J
386. 1

99.4
99.8
99.9

17.4
17.8
18.4

857.5
868.5
879.6

A Pit.
HAT
JUMB

159.5
159.0
158.8

96. 1
95.8
95.8

47.1
46.8
46.9

45.3
45.8
46.4

348.1
347.4
447.9

381.4
387.7
392.7

387.8
388.0
389.2

100.2
100.6
101.0

18.8
19.1
19.4

888.1
895.3
902.3

JOLT
AOG.
SEPT.

158.5
157.9
158.1

95.9
95.2
95.6

46.9
46.6
46.8'

46.9
46.4
46.9

348.3
346.1
347.4

399.4
404.4
407.2

393.2
394.2
395.2

101.7
101.7
101.5

19.8
20.0
20.1

914.1
920.2
923.9

OC3.
NOV. P

161.3
164.4

98.5
99.7

47.7
48.3

49.4
51.1

357.0
363.6

406.4
404.3

395.4
394.8

100.4
99.1

19.4
19.0

921.6
917.2

HBBK ENDING:

1982-NOV.

3
10
17
24 P

162.4
164.2
164.8
164.7

405.6
404.6
403.7
404.3

DEC.

1 P

164.9

403.9

1/

SHALL OBNOHINATK N TIHB DIP<JSITS




— INCLUDING BBTJI I L BPS —

ABB THOSE 11SSOBD IB ABO0NTS OP LESSXHAN $10(1,000.

H.6 (508)
Table 3A-continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonally adjusted
Large denomination time deposits'!
at mutual
at
commercial
at savings
savings
total 3
banks
banks2
and loans

Date

Term RPs4
at
commercial
banks

at thrift

total

Term
Eurodollars5

Savings
bonds

institutions

Bankers
Commercial
Short-term
Treasury
papers
acceptances7
6
securities

1981-NOV.
DEC.

248. 1

251.2

47. 1
47.8

6.2
6.0

305.4

27.8
27.1

7.8
8.3

35.6
35.4

65.5
66.7

68.0
68.1

176.4
175.2

38.6
39.4

104.5
104.6

1982-JAN.
FEB.
MAR.

252.0
257.0
259.6

49.2
50.5
51.2

6.0
6.3
6.1

307.6
314.2
317.4

23.7
23.8
22.8

8.8
8.8
8.7

32.5
32.5

31.5

69.9
73.8
74.4

68.1
67.8
67.6

181.1
19 1.2
195.0

39.9
39.7
38.4

106.2
109.8
110.2

APB.
MAY
JUNE

260. 1
261.8
264.7

51.3
52.1
52.7

6. 1
6.0
6.0

317.9
320.3
323.9

25.2
23.3
21.8

9.0
9.3
9.5

34.2
32.6
31.2

78.5
83.3
84.8

67.4
67.4
67.4

194.1
194.9
196.0

38.5
39.6
40.1

110.0
112.8
116. 1

JULY
AUG.
SEPT.

268.7
273.0
273.7

53.1
54.1
54.9

6.0
6.2
6.5

328.3
333.7
335.7

19.7
22.5
20.9

9.6
9.6
9.6

29.3
32.1
30.5

84.9
82.7

67.4
67.5

196.3
197.2

40.0
39.6

118.0
114.7

OCT.
NOV. P

276.4
275.7

56.7
58.8

6.6
6.6

340.3
341.6

21.6
23.4

9.2
9.4

30.8
32.8

301.8

WEEK E N D I N G :
1982-NOV.

3
10
17
24 P

275.9
275.2
275.0
275.5

24.9
19.7
21.8
23.2

DEC.

1 P

277.1

28.8

1/
2/
3/
4/
5/
6/
7/
8/

LARGE DENOMINATION TIME DEPOSITS ABE THOSE ISSUED IN AMOUNTS OF $100,000 OB MOBE, EXCLUDING THOSE BOOKED A3 INTERNATIONAL
BANKING FACILITIES (IBFS) •
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LABGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT
INSTITUTIONS.
TOTAL LARGE DENOMINATION TIME DEPOSITS EXCEEDS SUM OF THREE PREVIOUS COLUMNS BY SUCH DEPOSITS AT CREDIT UNIONS.
TERM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY, EXCLUDING CONTINUING CONTRACTS AND RETAIX RPS.
ffERM EUBODOXLARS AHE THOSE -WITH ORIGINAL MATURITY GREATER THAN ONE DAY EXCLUDING THOSE HELD BY DEPOSITORY INSTITUTIONS AND
MONEY MARKET MUTUAL FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY OTHER THAN DEPOSITORY INSTITUTIONS, F.R. BANKS, AND MONEY BABKET MUTUAL FUNDS.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F.R. BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS C0MMEBCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 4

MEMORANDA ITEMS
Billions of dollars, not seasonally adjusted
Demand deposits at banks due to
foreign commercial
banks

Date

foreign official
institutions

Time and savings
deposits due to
foreign commercial
banks and foreign
official institutions

demand deposits at
Federal Reserve
Banks
commercial banks

U.S. government deposits
note balances at
commercial
banks and thrift
institutions

total demand
deposits and
note balances

time and
savings deposits at
commercial banks

1981-NOV.
DEC,

12.6
12.9

2.4
2.6

9.0
9.1

2.8
3.1

3.1
2.9

6.9
8.1

12.8
14.1

0.7
0.7

1982-JAN.
.FEB.
MAR.

11.8
11.5
11.2

2.5
2.3
2.4

8.8
8.6
8.6

3.0
2.9
2.8

4.7
5.5
3.3

11.5
17.2
12.7

19. 1
25.6
18.9

0.7
0.8
0.8

1PB.
HAY
JOHB

10.7
11.2
11.0

2.1
2.2
2.4

8.5
8.6
8.6

3.7
3.3

4.5
4.5
3.3

10. 1
12.7
7.5

18.3
19.9
14. 1

.0
1.0
1.0

JULY
AUG.
SEPT.

11.4
10.6
10.5

2.5
2.3
2. 1

8.8
9. 1
9.0

2.6
2.4
3.4

3.3
3.3
3.8

5.7
5.8
9.0

11.7
11.5
16.2

.0
.0
1.0

OCT.
NO?, P

10.6
10.6

2.3
2.1

9.0
9.0

2.6
2.6

3.2
3. 1

13.8
5.3

19.6
10.9

1. 1
1.1

24 P

10.3
10.2
10.3
11.0

2.5
2.1
2.0
2.0

9.1
9.1
9.1
9.0

2.9
2.4
2.7
2.5

2.7
3.3
3. 1
2.9

11. 1
4.9
4.2
5.3

16.7
10.5
10.0
10.6

1.1
1.1
1. 1

1 P

11.0

2.3

8.9

2.7

3.3

2.7

WEEK ENDING:
1982-NOV.

3
10

17
DEC.




4.0

9.9

1.0

Supplementary Table
Levels and Annual Growth
Rates of Ml Using Current1 and Experimental
Alternative Seasonal Adjustment Procedures
(Monthly average)

Levels in billions
of dollars
Experimental
Current
Alternative

Annual growth
rates in percent
Experimental
Current
Alternative

448.6

446.1

21.0

11.4

February

447.3

446.6

-3.5

1.3

March

448.3

449.0

2.7

6.4

April

452.4

450.7

11.0

4.5

May

451.5

450.9

-2.4

0.5

June

451.4

452.0

-0.3

2.9

July

451.3

450.5

-0.3

-4.0

August

455.2

455.7

10.4

13.9

September

460.5

462.2

14.0

17.1

October

468.3

467.9

20.3

14.8

November

474.6

474.8

16.1

17.7

1982 - January

1. Current monthly seasonal factors are derived using an X-11/ARIMA-based procedure.
2- Alternative monthly seasonal factors are derived using an experimental modelbased procedure. This procedure uses a combination of statistical regression
and time series modeling techniques to construct seasonal factors that are more
sensitive than the current factors to unique characteristics of each series.
These characteristics include, fixed and evolving seasonal patterns, trading
day effects, within-raonth seasonal variations, holiday effects, outlier adjustments, special events adjustments, and serially correlated noise components.