Full text of U.S. Financial Data : June 11, 1987

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

'mft -1

RESEARCH LIBRARY

THE WEEK'S HIGHLIGHTS:
s

Ml fell by $4.4 billion during the week ending June 1. This more
than offsets the $4.1 billion increase in Ml during the previous week.

s

Consumer credit increased by $2.9 billion during April after
increasing by only a revised $.3 billion in March.

is

Retail sales fell at a 7 percent annual rate during May after increasing
for three consecutive months.
The civilian unemployment rate remained unchanged at 6.3 percent
during May.

is

Ml increased at a 7.6 percent rate during the first five months of
the year. There were considerable differences, however, in the growth
rates of Ml's components with currency, demand deposits and other
checkable deposits growing at 9.0, -3.5 and 21.8 percent rates,
respectively.

tiik

KKIHWAI.

A RKSKKVK

X KANKof

or si: ions

expressed do not necessarily reflect official
Digitized forViews
FRASER
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

positions of the Federal Reserve System.

2

ADJUSTED MONETARY BASE
AVERAGES OF DAILY FIGURES

SEASONALLY ADJUSTED BY THIS BANK

BILLIONS OF DOLLARS
1987
MAR.
APR.
MAY

25
8
22
*

JUN

BILLIONS OF DOLLARS
268

BILLIONS
260.0
261.1
262.0
---------263.3
264. I

264

260

256

252

248

244

0 23

7 21

4 18

MAY

JUN

2 16 30 13 27

AUG
1986

10 24

8 22

5 IS

3 17 31

14 26 11

JAN

SEP

29 11

FEB

29

• 22

MAR

6 20

3 17

MAY

JUN

1987

LATEST PLOTTED RESERVE MAINTENANCE PERIOD ENDING: JUNE 3. 1987
THEADJUSTED.MONETARY,BASE I ?rcULAtVoN^CURRFNCY HELI?UBYSTHE pir^11 NS/NTyT.IONS_AT^FIElDjERAL
_

LIC AND IN THE VAULTS OF ALL

lUIREMENT RATIO-------------------------EDIT. DATA AR
BLE FROM
THIS BANK.
IS AVAILABLE
I

'Uk'gjHftD

RECENT DATA ARE PRELIMINARY.
ADJUSTED MONETARY BASE
COMPOUNDED ANNUAL RATES OF CHANGE.
AVERAGE OF TWO MAINTENANCE PERIODS ENDING:
6/4/86

8/27/86

11/5/86

12/3/86 12/31/86

1/28/87

2/25/87

4/8/87

3.5
6.0
5.5

7.6
6.4

8.0

TO THE AVERAGE OF
TWO MAINTENANCE
PERIODS ENDING:
11/ 5/86
12/ 3/86
12/31/86
1/28/87
2/25/87
4/ 8/87
5/ e/87
6/ 3/87

8.9
9.2
9.6
10.5
9.5
8.8
9. 1
8.7


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Federal Reserve Bank of St. Louis

9.8
10.4
1 1 .6
!0.0
9.0
9.4
8.8

1 1.6
13.A
10.4
8.8
9.4
8.6

14.7
10.3
8.3
9.1
8.2

9.2
7.1
8.3
7.5

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

1

MONEY STOCK (Ml )
DAILY FIGURES
SEASONALLY ADJUSTED

AVtKAGtS Oh
BILLIONS OF DOLLARS
780 --------- ,--------- 1--------

MAY

5 19

APR

BILLIONS OF DOLLARS
----- ---------------------- 780

758.2
749.2
751.3
754.0
758. 1
753.7

2 16 30 14 28 II

MAY

JUL

25

8 22

AUG

6 20

3 17

OCT

NOV

I

15 29 12 26 9 23
JAN
FEB

9 23

1986
LATEST DATA PLOTTED WEEK ENDING:

6 20

4

APR

MAY

j Q87
JUNE 1,

18

1987

CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS* H.6 RELEASE.
DEPolITS^AND^TRAVELERS^CHECKS? BY THE N0NBANK PUBL,C' DEMAND DEPOSITS. OTHER CHECKABLE

MONEY STOCK (Ml )
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
6/2/86

9/1/86

11/3/86

16.0
16.9
19.5
17.0
15.9
14.8
15.2
14.3

15.9
20.6
16.4
14.9
13.5
14. 1
13.1

29.6
18.7
15.9
13.7
14.5
13. 1

12/1/86 12/29/86

2/2/87

3/2/87

5.9
10.4
8.9

1 1 .8
9.5

3/30/87

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
11/ 3/86
12/ 1/86
12/29/86
2/ 2/87
3/ 2/87
3/30/87
5/ 4/87
8/ 1/87


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

17.2
14.0
1 1.8
13. 1
l 1.7

4.9
4.8
8.3
7.6

11.7

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

3

4

MONEY MULTIPLIER^
CURRENCY COMPONENT OF MONEY STOCK v
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

RATIO

3.0

BALLS
Ml MULTIPLIER
2.850

2.0

2.862

2.8

2.7

j
0

7 21

5 19

APR

MAY

2 16 50 14 28 11

JUL

25

8 22

AUG

6 20

5 17

OCT

NOV

18 29 12 28

JAN

9 23

4

9

APR

FEB

18

1

18 20

MAY

LATEST DATA PLOTTED TWO WEEKS ENDINGt JUNE 1, 1087

BILLIONS OF DOLLARS
----- ---------------------- 196

BILL ONS OF DOLLARS
196
_
192

188

COMPOUNDED ANNUAL RATES
OF CHANGE, AVERAGE OF
THE FOUR teEKS ENDING
JUNE 1, 1987 FROM
THE FOGr WEEKS ENDING*.
MAR.
MAR.
FEB.

30, 1987
2, 1987
2, 1987

7.9
7.0
7.2

Big;
2t1,: 1888
8:8
SEP.
1986
8.5
CURRENCY

184

180

1981

BILLIONS

176
190.5
I I I I I I I I I I I

0

7 21

5 19

APR

MAY

2 16 30 14 28 II

25

5 22

6 20

3 17

1

15 29 12 26

JAN

0 23

9 23

6 20

4 18

1

15 29

FEB

LATEST DATA PLOTTED WEEK ENDING. JUNE 1, 1087
1/ RATIO OF MONEY STOCK (Ml) TO ADJUSTED MONETARY BASE
2/ CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS' H.8 RELEASE.


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Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

TOTAL CHECKABLE DEPOSITS
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

BILLIONS of dollars

BILLIONS

_

JUN.

562.3
553.0
554.7
557.0
560.4
556.5

I I I I
APR

I I I I

MAY

JUL

AUG

OCT

LATEST DATA PLOTTED WEEK ENDING:
TOTAL CHECKABLE DEPOSITS
DEPOSITORY INSTITUTIONS.

JUNE 1,

NOV

JAN

FEB

APR

MAY

1987

IS THE SUM OF DEMAND DEPOSITS AND OTHER CHECKABLE DEPOSITS AT ALL

TOTAL CHECKABLE DEPOSITS
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING;
6/2/86

9/1/86

19.2
20.5
24.2
20.2
18.7
17.3
17.8
16.6

19.1
25.9
19.2
17.1
15.3
16.3
14.8

11/3/86

12/1/86 12/29/86

2/2/87

3/2/87

5.4
1 1.5
9.4

13.8
10.4

3/30/87

TO THE AVERAGE
OF FOUR WEEKS
ENDING;
11/ 3/86
12/ 1/86
12/29/86
2/ 2/87
3/ 2/87
3/30/87
5/ 4/87
6/ 1/87


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

39. 1
22.0
18. 1
15.4
16.6
14.7

19.3
15.2
12.6
14.6
12.8

2.2
2.8
7.8
6.9

13.2

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

5

6
YIELDS ON SELECTED SECURITIES
AVERAGES OF DAILY RATES

PERCENT

PERCENT
11.0

10.0

9.0

7.0

0.0

4 10

2 16 90 13 27

JUN

II

25

S 22

5 10

JUL

3 17 SI

14 28 12 20

NOV

0 23

DEC

6 20

0 20

FEB

MAR
APR
1987

1986

3

17

1

IS 20 12 20

LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING* JUNE 12, 1987.

1987
APR.

3
10
17
24
1
MAY
8
15
22
29
JUNE 5
12 at
IS
26

90 DAY
CD'S

30-DAY
COMMERCIAL
PAPER

90-DAY
BANKERS'
ACCEPTANCES

CORPORATE
Aaa BONDS

CORPORATE
Baa BONDS

MUNICIPAL
BONDS X8R

6.30
6.30
6.65
6.58
6.78
6.85
6.89
7.23
7.03
6.99
7.00

6.30
6.23
6.50
6.39
6.59
6.76
6.78
6.94
6.88
6.87
6.87

6.21
6.23
6.52
6.49
6.70
6.77
6.84
7. 16
6.98
6.90
6.84

8.50
8.56
8.82
9.07
9.21
9.21
9.25
9.49
9.40
9.38
9.38

9.72
9.77
10.05
10.23
10.37
10.45
10.45
10.62
10.58
10.61
10.61

6.93
7.27
7.90
7.82
7.85
7.86
7.82
8.31
8.03
7.97
N. A.

NOTE* CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS* H.15 RELEASE.
■ AVERAGES OF RATES AVAILABLE
m BOND BUYER'S AVERAGE INDEX OF 20 MUNICIPAL BOfCS, THURSDAY DATA
N.A. - NOT AVAILABLE


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Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

SELECTED

INTEREST RATES

AVERAGES OF DAILY RATES

PERCENT

PERCENT

11.0 i—

—

TREASUR'

IRITIES

DISCOUNT RATE

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

1986

MAR

APR

MAY

JUN

1087

LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING: JUNE 12, 1987.

7
APR.

3
10
17
24
1
8

15
22
29
JUNE
5
12 X
19
26

FEDERAL
FUNDS MR

3-MONTH
TREASURY
BILL

6-MONTH
TREASUR
bill asm

1-YEAR
TREASURY
BILL

5-YEAR
TREASURY
SECURITIES

LONG-TERM
TREASURY
SECURITIES

6.21
6. 13
6.41
6.26
6.50
7.30
6.75
6.77
6.80
6.65
6.70

5.56
5.62
5.80
5.54
5.69
5.61
5.69
5.68
5.67
5.70
5.55

5.80
5.63
6.08
6.00
6. 14
6. 16
5.74
6.34
6. 18
6. 10
5.99

5.81
5.87
6. 19
6.24
6.31
6.39
6.54
6.71
6.48
6.44
6.39

7.09
7.24
7.68
7.83
7.92
8.09
8.24
8.52
8.23
8.19
8. 16

7.94
8.06
8.43
8.62
8.63
8.73
8.82
9.10
8.79
8.85
8.82

NOTEi
CURRENT
DATA
APPEAR
THE BOARD
«
averaM
sCU8f!Tf1*E
tSE3WH;
vC*H,^bElIN
EC0MPUTe8
by OF
™'GOVERNORS
s bm*■


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

E,o,N0 T*°DAYS

°*TE

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

7

11.0

8
COMMERCIAL BANK
SMALL TIME DEPOSITSu
LARGE TIME DEPOS I TS 2/
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

billions of dollars

iSfil
— MA'

billions of dollars

BJJLLLQMS.
356.7
356.9
357.3

SMALL TIME DEPOSITS

LATEST DATA PLOTTED WEEK ENDINGt JUNE 1, 1987
BILLIONS OF DOLLARS
315

BILLIONS OF DOLLARS
315
APR. 27
MAY
4
i;

__ e

i i

it
305

N. ^

BILLIONS
307.8
309.5
310.
310.
311.2
31 ].*

a/

310

MM

/
/
J

1
1

II
LARGE TIME

r\
1$

111
7 21
APR

\\ ZT
111

1111

r
111

111

'EPOS

'A

7

r
u

M il M il I N I .

iSfiZ.

I
|

-

\
1111

5
19 JUN
2 16 30JUL
M 28AUG
II 25 8
22
MAY
SEP
1986

l-LL LLL 1 LLU XLL -LLL -LI.LL -LLL XLL lli.L
15 29 12 20 9 23 9 23
6 20 4 16 I 15 29
3 17
NOV
DEC
JAN FEB
MAR
APR MAY
JUN
1987

6 20
OCT

LATEST DATA PLOTTED WEEK ENDINGt JUNE 1. 1987
1/ TIME DEPOSITS ISSUED IN DENOMINATIONS OF LESS THAN 6100,000
2/ TIME DEPOSITS ISSUED IN DENOMINATIONS OF 6100,000 OR MORE


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

300

COMMERCIAL BANK
TOTAL TIME DEPOSITS
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

APR.

I

27

837.5

844.5

JUN.

5

APR

BILLIONS OF DOLLARS

18

2

15 30 14

MAY

JUL

11

25

8 22

AUG

0 20

S 17

OCT

NOV

1

15 28 12 26

JAN

0 23

0 23

FEB

6 20

4

APR

MAY

16

1

15 28

1986
LATEST DATA PLOTTED WEEK ENDING-. JUNE 1, 1987
TOTAL TIME IS THE SUM OF SAVINGS DEPOSITS, SMALL TIME DEPOSITS AND LARGE TIME DEPOSITS.

TOTAL TIME DEPOSITS
COMPOUNDED ANNUAL RATES OF CHANGE, AVERAGE OF FOUR WEEKS ENDING:
6/2/86

9/1/86

11/3/86

0.3
0.8
1.7
3.2
3.4
3.7
4.6
4.9

0.6
2.2
4.5
4.6
4.9
5.9
6.3

5.5
8.3
7.6
7.3
8.4
8.5

12/1/86 12/29/86

2/2/87

3/2/87

3/30/87

5.8
8.4
8.6

9.9
9.7

11.2

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
11/ 3/86
12/ 1/86
12/29/86
2/ 2/87
3/ 2/87
3/30/87
5/ 4/87
8/ 1/87


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

10.4
8.8
8.2
9.2
9.2

9.4
8.4
9.6
9.6

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

9

10

BORROWINGS FROM FEDERAL RESERVE BANKS
AVERAGES OF DAILY FIGURES

BILLIONS OF DOLLARS
1887

BILLIONS OF DOLLARS

MILLIONS

6 2021

13

768

27

1427
TOTAL BORROWINGS

LATEST DATA PLOTTED WEEK ENDINGt JUNE 10, 1887
BILLIONS OF DOLLARS

BILLIONS OF DOLLARS

2.5
12SZ.

MILLIONS
6

1758

27

1120

ADJUSTMENT + SEASONAL
BORROWINGS
1.5

2 16 30 14 28 II 25
MAY

JUN

9 23

6 20

3 17

AUG

SEP

1 15 29 12 26 10 24

LATEST DATA PLOTTED WEEK ENDING*. JUNE 10,


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Federal Reserve Bank of St. Louis

7 21

4 16

4 16

JAN

FEB

MAR

1 15 29 13 27 10 24

1887

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

T

T

COMMERCIAL PAPER OF NONFINANCIAL COMPANIES
NOT SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

BILLIONS

of

dollars

MILLIONS
79,202

- APR. 29

MAY

6

JUN.

3

2

81,988
80,682
80,348

16 SO 14 28 II

MAY

25

0 23

JUN

6 20

3

AUG
1986

SEP

17

I

15 20 12 26

LATEST DATA PLOTTED WEEK ENDINGi JUNE 3,

10 24

7 21

4

JAN

FEB

16

4 18

1

15 29 13 27

MAR
1987

MAY

10 24

JUN

1987

BUSINESS LOANSv
( COMMERCIAL AND INDUSTRIAL )

WEEKLY REPORTING LARGE COMMERCIAL BANKS 2/
BILLIONS OF DOLLARS

SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

_ COMPOUNDED ANNUAL RATES
OF CHANGE. AVERAGE OF
THE FOUR teEKS ENDING
” MAY 27. 1987 FROM
“THE FOUR WEEKS ENDING: '
- MAR.
- FEB.
- JAN.
- DEC.
NOV.
AUG.
MAY

25,
25,
28,
24,
26,
27,
28,

-4.3

1987
1987
1987
1986
1986
1986
1986

MILLIONS
APR. 22
MAY

6

275,729
276,091
275,016
278,756

2

16 30

14 28 11

MAY

25

JUN

0 23

6 20

3 17

AUG

SEP

I

15 2fl 12

10 24

7 21

4

18

JAN

FEB

111 1.1 1 L1.L1L1LL11
4

16

MAR

1

15 20 13 27

MAY

10 24

JUN

LATEST DATA PLOTTED WEEK ENDING: MAY 27, 1987
1/ BUSINESS LOANS INCLUDE BANKERS' ACCEPTANCES AND COMMERCIAL PAPER.
2/ BANKS WITH DOMESTIC ASSETS GREATER THAN 61.4 BILLION


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Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

11