Full text of H.3 Aggregate Reserves of Depository Institutions and the Monetary Base : August 10, 1967

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FEDERAL

G.10

RESERVE

statistical

(First of • new series
of releases to be
Issued monthly)

For Immediate release
August 10, 1967.
AGGREGATE RESERVES AND MEMBER BANK DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

Member bank reserves 1/

Period

Total

rejea.se

Nonborrowed

Required

S

a

/ /y

l

Deposits subject to reserve requirements 2/

Total- y

Time and
Savings

Net Demand Deposits
Total

Private 4/

U.S. Gov't.

1966--July
Aug.
Sept.
Oct.
Nov.
Dec.

22.83
22.54
22.62
22.49
22.43
22.42 j

22.11
21.87
21.83
21.71
21.86
21.85

22.40
22.24
22.22
22.17
22.11
22.14

245.8
245.6
245.5
244.6
244.0
244.4

127.9
128.8
129.2
129.0
128.4
129.4

118.0
116.8
116.3
115.6
115.6
114.9

112.6
112.4
112.4
111.6
111.6
111.7

5.3
4.4
3.9
4.0
4.0
3.2

1967--Jan.
Feb.
Mar.
Apr.
May
June
July p

22.77
22.99
23.41
23.46
23.45
23.61
23.83

22.33
22.65
23.21
23.30
23.39
23.49
23.80

22.41
22.63
22.92
23.08
23.05
23.14
23.44

247.7
251.0
254.0
256.0
257.2
259.2
262.3

131.4
133.6
135.6
137.2
138.6
140.8
142.4

116.3
117.4
118.4
118.9
118.6
118.4
119.9

111.4
112.4
113.6
113.1
114.5
116.1
116.7

4.9
5.0
4.8
5.8
4.1
2.2
3.2

p - Preliminary.
1./ Data on member bank reserves prior to April, 1967 are adjusted to eliminate effects of changes in reserve
requirement percentages.
2/ Components may not add to totals due to rounding.
J3/' Sometimes referred

to as the "bank credit proxy." For a brief description of the series, see Federal Reserve

Builet in. October 1966, pp. 1460-1461.
Digitized4/for Private
FRASER
demand deposits include all^demand
of collection and demand balances due from


deposits except those due to U.S. Gov't, less cash items in process
domestic commercial banks.