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/ # & F E D E R A L R E S E R V E s t a t i s t i c a l r e l e a s e "miiii CORRECTED COPY For immediate r e l e a s e F e b r u a r y 14, 1969. AGGREGATE RESERVES AND MEMBER BANK DEPOSITS (Averages 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 Member bank r e s e r v e s 1 / Period Total Nonborrowed Required Total D e p o s i t s s u b j e c t t o r e s e r v e requireme n t s 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 1967--December 25 .15 24.85 24.91 273 .2 149.9 118.6 1968--January February March April May June July August September October November December 25.50 25 .77 25.81 25.62 25.71 25.82 25.92 26.43 26.40 26.61 26.73 26.98 25.19 25.40 25.14 24.94 24.98 25.12 25.43 25.92 25.95 26.21 26.16 26 .14 25.15 25.39 25.40 25.28 25.24 25.44 25.60 26 .05 26.16 26.34 26 .52 26.69 274.7 277 .0 278.0 276.9 277 .3 278.8 280.9 285 .9 287.9 290.9 293.6 296.7 1969--January p 27.16 26.41 27.00 295.1 * 149.9 150.2 151.2 151.3 151.5 151.8 153.8 156 .5 158.9 161.5 163.5 165.8 163.2 * 119.4 119.7 120.1 120.4 122 .1 123.2 124.3 124.6 123.6 124.5 125.4 126.7 126.6* 8.7 109.9 4 .6 8.8 9.0 9.0 9.0 9.3 9.9 10.1 10.0 10.0 10.1 10.3 10.4 10.2 110.6 110.7 111.1 111.4 112.8 113.3 114.3 114.6 113.7 114.4 115.1 116.3 116.4 5.4 7.1 6.7 5.2 3.7 3.9 2.7 4.8 5.3 5.0 4.7 4.2 5.3 p - Preliminary. 1/ Data on member bank r e s e r v e s p r i o r t o J a n u a r y , 1968 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 changes i n 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 . Under t h e r e v i s e d R e g u l a t i o n D, r e q u i r e d r e s e r v e s a f t e r September a r e based on a v e r a g e d e p o s i t s w i t h a two week l a g . 2 / Components may n o t t o t o t a l s due t o r o u n d i n g . 2 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 items i n p r o c e s s of 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 commercial b a n k s . * - 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 J a n u a r y 2, 1969, of a l a r g e member bank from t h e System. The e f f e c t of l h i s w i t h d r a w a l i s t o r e d u c e t o t a l d e p o s i t s about $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 between time and demand d e p o s i t 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 D i v i s i o n of Research and S t a t i s t i c s , Board of Governors Digitized for ofFRASER t h e F e d e r a l R e s e r v e System, Washington, D. C. , 20551.
@FedFRASER