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 statistical release
For Immediate Release

H.3 (502)

Aggregate Reserves and Member Bank Deposits

FEB.

1,

1980

Averages off Daily Figures, in Billions off Dollars
Seasonally Adjusted
MEMBER BANK RESERVES ±1
Period

Total

Nonborrowed

Required

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
Monetary
Basel./

Private Demand Deposits

Time and
Savings

Total

Total

Net
Interbank

Other

U.S. Govt.
Demand

1978— D E C .

41.27

40.40

41.04

142.4

616.7

429.4

185.1

9.8

175.2

2.3

1979— J A N .
FEB.
*AR.
APR.
MAY
J UNE
JULY
AUG.
SEPT.
OCT.
NOV.P
DEC . P

41.48
40.75
40.81
40.65
40.48
40.42
40.82
41.07
41.46
42.30
4 3 . 13
43.53

40.48
39.78
39.82
39.73
38.72
39.00
39.65
39.98
40.12
40.28
41.22
42.06

41.26
40.54
40.66
40.47
40.34
40.20
40.61
40.85
41.27
42.04
42.88
43.13

143.4
143.3
143.9
144.5
144.9
145.6
146.9
148.4
150.1
151.6
152.8
153.8

621.1
619.7
616.4
618.6
613.9
613.1
618.7
623.7
630.5
638.2
644.0
645.7

433.5
436.1
434.1
432.0
428.7
425.9
429.4
434.4
439.8
445.6
451.8
452.0

185.6
181.9
180.5
184.7
183.5
184.8
187.5
187.1
189.0
190.8
190.3
192.0

10.0
8.1
9.4
9.9
9.8
8.9
10.3
9.9
11.3
13.2
12.6
13.3

175.6
173.8
171.1
174.8
173.7
175.9
177.2
177.3
177.7
177.7
177.7
178.7

1.9
1.8
1.8
1.8
1.7
2.4
1.8
2.2
1.8
1.8
2.0
1.7

21
28

43.31
43.10

41.44
4- 1. 08

43.19
42.97

153.1
153.0

645.2
645.3

452.0
452.7

191.1
190.9

13.4
12.6

177.7
178.2

2.2
1.7

DEC.

5P
12P
19P
26P

43.60
43.84
43.27
4 3 . 50

41.78
42.55
41.59
42.28

43.36
43.25
43.15
43.00

153.2
153.8
153.3
153.9

645.3
645.1
642.8
646.5

453.2
452.6
451.9
451.5

189.9
189.9
189.3
193.7

12.6
12.2
11.5
14.7

177.3
177.7
177.8
178.9

2.3
2.6
1.6
1.3

1980-JAN.

2P
9P
16P
23P

43.44
43.62
43.93
43.20

42.01
42.89
42.70
42.01

42.89
43.38
43.38
42.96

154.8
154.9
155.1
154.6

645.4
644.9
648.4
645.9

449.6
452.4
455.0
455.5

194.2
189.8
191.5
187.9

13.4
11.8
12.9
11.7

180.8
178.0
178.6
176.2

1.7
2.6
1.9
2.5

‘

WEEK E N D I N G :

1979- f MOV.




SEE

R EVER SE

S ID E

FO R

E X P L A N A T IO N

OF

FO O TN O TE S .

H.3(502)

Page 2

Aggregate Reserves and Member Bank Deposits
AVERAGES OF DAILY FIGURES, IN BILLIONS OF DOLLARS
NOT SEASONALLY ADJUSTED
MEMBER BANK RESERVES jJ

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
Monetary

Period

Total

Nonborrowed

Required

B a s e iV

Total

Time and
Savings

Private Demand Deposits
Total

Net
Interbank

Other

U.S. Govt.
Demand

1 978— DEC.

41.68

40.81

41.45

144.6

624.0

429.6

191 . 9

10.4

181.5

2.5

1979— J A N .
FEB.
MAR.
APR.
MAY
J UNE
JULY
AUG.
SEPT.
OCT.
NOV.P
DEC.P

43.08
40.70
40.22
40.72
40.24
40.10
40.92
40.72
41.05
42.27
43.02
43.96

42.08
39.73
39.23
39.81
38.47
38.69
39.75
39.63
39.71
40.25
41.10
42.49

42.87
40.49
40.06
40.55
40.10
39.88
40.71
40.49
40.86
42.01
42.77
43.56

144.4
141.9
142.3
144.2
144.4
145.6
147.9
148.4
149.4
151.3
153.5
156.2

627. 1
614.3
614.3
621.1
610.9
613.9
619.2
620.4
629.0
637.8
642.2
653.0

433.8
434.2
434.9
432.3
429.8
427.2
429.8
434.1
439.4
445.7
449.1
451 . 9

191.5
178.2
177.5
186 . 8
179.2
183.9
187.8
184.5
187.5
190.5
191 . 3
199.2

1 0.6
7.9
9.1

1.9
1.8
1.9

8.9
10.4
9.8
11.3
13.0
12.9
14.1

180.9
170.3
168.4
177. 1
170.1
175.0
177.4
174.8
176.3
177.5
178.4
185.1

2 .8

28

43.41
43.02

41.55
41.00

43.30
42.89

154.1
153.5

643. 7
642.0

449.5
450.4

192.3
190.2

12.6

178.6
177.5

1.9
1.5

DEC .

5P
12P
19P
26P

43.61
43.67
43.82
44.06

41.80
42.38
42.13
42.83

43.38
43.08
43.70
43.56

154.5
155.7
156.1
157.4

647.3
648.7
651.6
654.4

451.6
452.2
451.9
452.2

194.1
194.8
197.0
200.7

13.4
12.7
13.0
15.1

180.6
182.1
184.0
185.6

1.7
1.7
2.7
1.5

1 9 8 0 -JA N.

2P
9P
16P
23P

44.77
44.81
46.54
45.33

43.34
44.08
45.31
44.13

44.22
44.57
45.99
45.08

156.7
157.2
157.7
155.5

663.6
660.0
655.9
648.5

451.6
453.8
455.3
455.2

210.1
203.7
198.7
190.8

16.7
13.7
13.0
11.9

193.5
190.0
185.8
178.8

2.5

9 .7
9 .2

2.0
1. 8

1.6
1.7
2.1

1.6
1.7
1.9

WEEK E N D I N G :

1979— NOV•

P 1/

21

13.7

1. 8

PRELIMINARY
MEMBER BANK RESE RVES S E R I E S R E F L E C T S A C T U A L RE SE RV E S REQUI REMENT P E RCE NT AG ES WI T H NO AD J U S T M E N T T O E L I M I N A T E T H E E F F E C T OF
CHANGES I N R E G U L A T I O N D AND M.
E F F E C T I V E NOVEMBER 2 , 1 9 7 8 , A SUPPL E MENT ARY RESERVE REQUI REMENT OF 2 PE RC E NT AG E P O I N T S WAS
I MPOSE D ON T I M E D E P O S I T S OF $ 1 0 0 , 0 0 0 OR MORE. T H I S A C T I O N I NC R E ASE D R E Q UI RE D RESERVE S A P P R O X I M A T E L Y $ 3 . 0 B I L L I O N I N T H E WEEK
B E G I N N I N G NOVEMBER 1 6 , 1 9 7 8 . E F F E C T I V E O C T OBE R 1 1 , 1 9 7 9 , AN 8 P E RC E NT AGE P O I N T MARGI NAL RESERVE R E Q U I RE ME NT WAS I MPOSED ON
'•MANAGED L I A B I L I T I E S ' * . ON OC T OBE R 2 5 , 1 9 7 9 , R ESE RV ES OF EDGE ACT CO RPO R AT I ONS WERE I NCLUDED I N MEMBER BANK R E S E R V E S . I N THE
WEEK B E G I N N I N G O CT OBE R 2 5 , 1 9 7 9 , T H E S E A C T I O N S R A I S E D R E Q U I R E D RESERVES $320 AND $31 8 M I L L I O N , R E S P E C T I V E L Y .
2/
I N C L U D E S T O T A L RES E RVES (MEMBER BANK RESERVE BAL ANCES IN THE CURRENT WEEK PLUS V A UL T CASH HELD TWO WEEKS E A R L I E R ) ; C URR£ n £ y
O U T S I D E T HE U . S . T R E A S U R Y , F E DE RA L RESERVE BANKS AND THE V A U L T S OF COMMERCI AL BANKS ; AND V A U L T ' C A S H OF NONMEMBER BANK S.
N O T E :
BACK DATA ARE A V A I L A B L E FROM T HE BANK I NG S E C T I O N , D I V I S I O N OF RESEARCH AND S T A T I S T I C S , BOARD OF GOVERNORS OF T H E F E DE RA L
http://fraser.stlouisfed.org/
RESERVE S Y S T E M , W A S H I N G T O N , D . C . 2 0 5 5 1 .

Federal Reserve Bank of St. Louis

Paga 3

H.3 (502 )

Aggregate Reserves and Monetary Base
Adjusted for Changes in Reserve Requirements j/
Averages of Daily Figures, in Millions of Dollars
III

MEMBER BANK RESERVES

MEMBER BANK RESERVES

Period

Monetary Base
Total

Non borrowed

O

NOT SEASONALLY ADJUST

SEASONALLY ADJUSTED

Required

Monetary Base
Total

Nonborrowed

Required

1978— DEC.

41,572

40,703

41,339

142,685

41,979

41,111

41,747

144,879

1979— JA N .
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV. P
DEC.P

41,767
41,028
41,100
40,910
40,749
40,697
41,127
41,375
41,773
42,480
42,659
43,212

40,764
40,055
40,109
39,993
38,984
39,279
39,957
40,290
40,432
40,457
40,747
41,740

41,552
40,819
40,942
40,734
40,607
40,476
40,917
41,154
41,581
42,216
42,415
42,815

143,700
143,616
144,176
144,748
145,129
145,877
147,240
148,725
150,445
151,770
152,375
153,491

43,368
40,978
40,502
40,988
40,505
40,381
41,221
41,021
41,364
42,446
42,547
43,640

42,366
40,005
39,512
40,071
38,740
38,963
40,050
39,936
40,023
40,423
40,635
42,167

43,154
40,769
40,344
40,812
40,364
40,160
41,010
40,800
41,172
42,182
42,303
43,242

144,717
142,140
142,621
144,453
144,704
145,894
148,231
148,689
149,760
151,470
153,024
155,869

21
28

42,959
42,575

41,094
40,554

42,844
42,440

152,758
152,463

43,063
42,495

41,198
40,474

42,948
42,360

153,766
152,975

DEC.

5P
12P
19P
26P

43,208
43,441
42,945
43,280

41,389
42,150
41,261
42,055

42,973
42,855
42,826
42,784

152,787
153,380
153,009
153,693

43,225
43,271
43,489
43,836

41,406
41,980
41,805
42,612

42,990
42,685
43,370
43,340

154,147
155,317
155,742
157,205

1980-JAN.

2P
9P
16P
23P

43,177
43,404
43.745
42.975

41,745
42,671
42,519
41,778

42,627
43,165
43,194
42,732

154,512
154,680
154,958
154,420

44,508
44,591
46,357
45,097

43,077
43,859
45,131
43,900

43,958
44,352
45,806
44,854

156,465
156,953
157,471
155,319

WEEK E N D I N G :

1979-NOV.

1/

R E S E R V E A G G R E G A T E S S E R I E S HAVE B E E N A D J U S T E D T O REMOVE D I S C O N T I N U I T I E S A S S O C I A T E D W I T H M A R G I N A L R E S E R V E R E Q U I R E M E N T S , T H E
I N C L U S I O N S O F EDGE A C T C O R P O R A T I O N R E S E R V E S , AND O T H E R C HA NGE S I N R E G U L A T I O N S D , K AND M. H I S T O R I C A L D A T A AND A D E S C R I P T I O N OF
T H E A D J U S T M E N T PR O C E O U R E ARE A V A I L A B L E FROM T H E B A N K I N G S E C T I O N , D I V I S I O N OF R E S E A R C H AND S T A T I S T I C S , BOARD OF G OV ERNORS OF T H E
FEDERAL RESERVE SY S TE M , WASHINGTON, D . C . 2 0 5 5 1 .