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FEDERAL RESERVE statistical 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 I Member b a n k r e s e r v e s 1/ Period Total Nonborrowed Required Total release For i m m e d i a t e r e l e a s J a n u a r y 12, 1970. Deposits s u b i e c t to r e s e r v e requireme nts 2/ P r i v a t e Demand Dep o s i t s 3/ Time and U.S. Govt. Net Savings Demand interbank Other Total 1968--0ctober November December 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 10.1 10.3 10.4 115.6 116.5 117.7 5.0 4.7 4.2 1969--January February 28.14 28.06 27.97 27.78 28.24 28.06 27.53 27.40 27.40 27.35 27.83 27.91 27.32 27.21 27.02 26.75 26.89 26.71 26.28 26.21 26.38 26.21 26.38 26.78 27.90 27.83 27.73 27.61 27.94 27.74 27.33" 2 7 . 16 27.14 27.13 27.55 27.71 297.0* 296.7 294.2 295.4 295.1 292.6 288.0 285.3 285.7 283.5 285.8 285.7 163.2* 161.0 160.5 160. 1 159. 3 158. 1 155. 1 152.5 152.1 151.5 151. 1 151.5 128.4* 129.1 128.9 129.4 130.0 130.5 130.5 129.9 129.2 128.9 129.1 129.3 10.2 10.9 11.1 10.6 11.5 12.0 11.8 12.6 12.4 12.1 12.7 12.6 118.2 118.2 117.8 118.8 118.4 118.5 118.6 117. 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 April May July August September October November December p p - Preliminary 1/ D a t a on member b a n k 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 $400 m i l l i o n s i n c e O c t o b e r 1 6 , 2/ J3/ 1969. C o m p o n e n t s may n o t add t o t o t a l s d u e 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 d u e t o U . S . G o v ' t , l e s s c a s h i t e m s 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 d u e f r o m 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 f r o m 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 o v e r n o r s 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. * - B r e a k i n s e r i e s d u e t o t h e w i t h d r a w a l on J a n u a r y 2 , 1 9 6 9 , of a l a r g e member b a n k f r o m t h e S y s t e m . The e f f e c t of t 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 a b o u t $400 m i l l i o n , a b o u t 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 Digitized fort i mFRASER e and demand d e p o s i t s .
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