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FEDERAL

RESERVE

statistical

release

/
AGGREGATE RESERVES AND MEMBER BANK DEPOSITS
( A v e r a g e s of d a i l y f i g u r e s , i n b i l l i o n s of d o l l a r s )
Seasonally adjusted

1

Member bank r e s e r v e s 1 /

Period
Total

Nonborrowed

Required

Total

27. 50
27. 69
27.96

27.07
27.10
27.22

27.19
27.38
27.61

292.2
295.0
298.2

161.5
163. 5
165.8

125.7
126.8
128.2

1969--January
February

28. V.
28.06
27.97
27.78
28.24
28.06
27.53
27.40
27.40
27.35
27.83
27.93
27.98

27.32
27.21
27.02
26.75
26.89
26.71
26.28
26.21
26.38
26.21
26.38
26.81
26.95

27.90
27.83
27.73
27.61
27.94
27.74
27.33
27.16
27.14
27.13
27.55
27.71
27.82

297.0*
296.7
294.2
295.4
295.1
292.6
288.0
285.3
285.7
283.5
285.8
285.8
284.9

163.2*
161.0
160.5
160. 1
159. 3
158. 1
155.1
152.5
152.1
151.5
151.1
151.5
149.4

128.4*
129.1
128.9
129.4
130.0
130. 5
130.5
129.9
129.2
128.9
129.1
129.4
130.2

July
August
September
October
November
December
1970--January p

February 12,

1970.

Deposits subject to reserve requirements 2/
P r i v a t e ; Demand Deci o s i t s 3/
Time and
U.S. Govt.
Net
Savings
Demand
Total
i n t e r b a n k Other

I 968--October
November
December

Apr! 1
May

For immediate r e l e a s e

10.1
10. 3
10.4

115.6
116.5
117.7

5.0
4.7
4.2

10.2
10.9
11.1
10.6
11.5
12.0
11.8
12.6
12.4
12.1
12.7
12.6
. 12.1

118.2
118.2
117.8
118.8
118.4
118. 5
118.6
117.3
116.9
116. 7
116.4
116.7

5.4
6.7
4.8
5.9
5.9
4.0
2.4
2.9
4.4
3.1
5.6
4.9

118.1

5.3

p - Preliminary
1/
D a t a on member bank r e s e r v e s p r i o r t o A p r i l 1 9 6 9 ,
a r e a d j u s t e d t o e l i m i n a t e e f f e c t s of c h a n g e s in r e s e r v e
r e q u i r e m e n t p e r c e n t a g e s . I n c l u d e s I n c r e a s e s i n r e q u i r e d r e s e r v e s due t o c h a n g e s i n R e g u l a t i o n s M and D of
a p p r o x i m a t e l y $425' m i l l i o n s i n c e O c t o b e r 1 6 , 1 9 6 9 .
2/
3/

Components may n o t add t o t o t a l s due t o r o u n d i n g .
P r i v a t e demand d e p o s i t s i n c l u d e a l l demand d e p o s i t s e x c e p t t h o s e due t o U . S . G o v ' t , l e s s c a s h i t e m s in
p r o c e s s o f c o l l e c t i o n and demand b a l a n c e s due from d o m e s t i c c o m m e r c i a l b a n k s .
NOTE: Back d a t a a r e a v a i l a b l e on r e q u e s t from t h e Banking 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 Governors of t h e F e d e r a l R e s e r v e S y s t e m , W a s h i n g t o n , D. C.
20551.
The
* " Break in s e r i e s due t o t h e w i t h d r a w a l on January 2 , 1 9 6 9 , of a l a r g e member bank from t h e S y s t e m .
e i f e c t of t h i s w i t h d r a w a l i s t o Reduce t o t a l d e p o s i t s a b o u t $400 m i l l i o n , about e q u a l l y d i s t r i b u t e d b e t w e e n

t i m e and demand d e p o s i t s .