The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release / • - '"'U/t >. For Immediate Release H.3(502) TA Aggregate Reserves and Member Bank ri&ppsitsK. AVERAGES OF DAILY FIGURES, IN BILLIONS OF DOLLARS SEASONALLY ADJUSTED | Total Nonborrowed JULY 6, 197<5 • ~ /• J £}>.-, ! ^3\o DEPOSITS SUBJECT TO RESERVE REQUIREMENTS MEMBER BANK RESERVES ±1 [ Period l Monetary Private Demand Deposits Basel-/ Required Time and Savings Total 1978—MAY JUNE JULY AUG. SEPT. OCT. NOV. DEC. 37.27 37.63 38.11 37.93 38.21 38.38 39.75 41.27 36.06 36.53 36.80 36.79 37.15 37.10 39.05 40.40 37.05 37.45 37.92 37.77 38.02 38.22 3 9 . 53 41.04 132.6 133.5 134.7 135.3 136.8 137.8 139.9 142.4 1979—JAN. C EB. MAR. ADR. MAY 41.48 40.75 40.81 40.65 40.50 40.48 39.78 39.82 39.73 38.74 41.26 40.54 40.66 40.47 40.36 143.4 143.3 143.9 144.5 144.9 621.1 619.7 616.4 618.6 613.9 25 40.46 39.47 40.35 144.3 2 9 16 23 30 41.17 40.56 40.64 40.29 40.32 39.96 39.07 38.88 38.59 38.00 41.02 40.49 40.38 40.28 40.14 145.3 144.6 144.9 144.8 145.3 6 13 20 P 27 P 40.49 40.04 40.74 40.30 39.15 38.74 39.41 38.72 40.13 39.96 40.61 40.08 145.5 144.9 145.8 145.8 ! ! 1 591.5 595.8 600.5 602.7 607.0 608.9 616.9 616.7 ! 405.1 407.4 410.8 413.0 416.8 413.3 4?7.5 429.4 Total Net Interbank 183.6 184.6 186.1 186.5 186.2 137.2 187.0 185.1 11.5 11.2 11.4 11.2 433.5 436.1 434.1 432.0 428.7 185.6 181.9 180.5 184.7 133.5 10.0 618.0 431.6 617.1 615.2 613.4 612.6 611.1 614.7 611.4 614.7 612.3 Other U.S. Govt. Demand 172.1 173.4 174.7 175.2 176.9 177.0 175.9 175.2 2.7 3.8 3.6 3.3 4.0 3.5 2.3 2.3 8.1 9.4 9.9 9.8 175.6 173.8 171.1 174.8 173.7 1.9 1.8 1.8 1.8 1.7 185.1 9.3 175.8 1.3 431.2 430.3 429.2 428.3 427.3 184.4 183.4 182.7 182.3 181.9 9.8 9.0 9.5 8.9 9.3 174.7 174.4 173.1 173.4 172.6 1.4 1.5 1.5 2.0 1.9 425.1 425.0 425.9 426.4 187.3 184.8 185.1 184.6 9.4 8.7 9.6 8.7 177.9 176.1 175.5 175.9 2.3 1.6 3.7 1.3 | 9.3 10.2 11.1 9.8 WEEK E N D I N G : 1979—APR. MAY JUNE •mmmmmmmmmmmmmmmmmmmmmmmmmdi 1 | 1 i SEE REVERSE SIDE *=0R EXPLANATION OF FOOTNOTES. H.*(502) Page 2 Aggregate Reserves and Member Bank Deposits AVERAGES OF DAILY FIGURES, IN BILLIONS OF DOLLARS NOT SEASONALLY ADJUSTED DEPOSITS SUBJECT TO RESERVE REQUIREMENTS MEMBER BANK RESERVES ±1 Monetary Period Total Nonborrowed Required Basel/ j Total Time and Savings Private Demand Deposits Total Net Interbank 1978—MAY JUNE JULY AUG, SEPT. OCT. NOV. DEC. 1979—JAN. FEB. MAR. APR. MAY WEEK U.S. Govt. Demand Other 538.3 596.8 600.6 599.2 605.9 608.4 615.1 624.0 406.1 408.6 411.1 412.8 416.6 418.5 425.2 429.6 179.3 183.7 186.4 183.9 184.7 186.9 188.0 191.9 10.8 11.1 11.5 11.1 9.3 10.1 11.4 10.4 168.5 172.6 174.9 172.8 175.4 176.8 176.6 181.5 2.9 4.5 3.2 2.5 4.6 3.0 2.0 2.5 144.4 141.9 142.3 144.2 144.5 627.1 614.3 614.3 621.1 610.9 433.8 434.2 434.9 432.3 429.8 191.5 178.2 177.5 186.8 179.2 10.6 7.9 9.1 9.7 9.2 180.9 170.3 168.4 177.1 170.1 1.9 1.8 1.9 2.0 1.8 1.7 37.08 37.30 38.25 37.57 37.81 38.38 39.65 41.68 35.87 36.21 36.93 36.43 36.75 37.10 38.94 40.81 36.86 37.13 38.05 37.40 37.61 38.22 39.42 41.45 132.2 133.5 135.7 135.2 136.2 137.5 140.5 144.6 43.08 42.87 40.49 40.06 40.55 40.12 | 1 40.70 j 40.22 40.72 40.26 42.08 39.73 39.23 39.81 38.49 25 40.83 39.84 40.72 143.8 617.9 430.4 185.7 8.5 177.2 ITAY \ 9 16 23 30 41.81 40.59 40.61 39.66 39.81 40.59 39.10 38.85 37.95 37.49 41.66 40.51 40.35 39.64 39.63 144.7 145.1 145.0 143.7 144.1 615.9 611.1 610.9 60 8 . 7 608.1 430.0^ 430.1 430.0 430.0 429.7 183.9 179.3 179.4 176.5 176.5 9.2 8.5 8.9 8.0 8.9 174.7 '170.7 170.5 168.5 167.6 JUNE 6 13 20 P 27 P 39.71 39.37 40.62 40.27 38.37 38.07 39.30 38.68 39.35 39.29 40.50 40.04 145.2 145.1 146.1 145.3 615.8 613.0 617.6 609.5 427.3 426.8 426.4 427.1 186.7 184.9 184.6 180.7 9.4 8.6 9.8 8.2 177.2 176.3 174.8 172.5 ENDING: 1979—APR. •'" >2.b 1.7 1.5 2.2 1.8 1.8 1.4 6.7 1.7 P - PRELIMINARY 1/ MEMBER BANK RESERVES SERIES REFLECTS ACTUAL RESERVES REQUIREMENT PERCENTAGES WITH NO ADJUSTMENT TO ELIMINATE THE EFFECT OF CHANGES IN REGULATION D AND M. EFFECTIVE NOVEMBER 2, 1978, A SUPPLEMENTARY RESERVE REQUIREMENT OF 2 PERCENTAGE POINTS WAS IMPOSED ON TIME DEPOSITS OF 1.100,000 OR M0»E. THIS ACTION INCREASED REQUIRED RESERVES APPROXIMATELY $3.0 BILLION IN THE WEEK BEGINNING NOVEMBER 16, 1978. 2/ INCLUDES TOTAL RESERVES (MEMBER BANK RESERVE BALANCES IN THE CURRENT WEEK PLUS VAULT CASH HELD TWO WEEKS EARLIER); CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AND THE VAULTS OF COMMERCIAL BANKS; AND VAULT CASH OF NONMEMBER BANKS. NOTE: BACK DATA ARE AVAILABLE FROM THE BANKING SECTION, DIVISION OF RESEARCH AND STATISTICS, BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, WASHINGTON, D.C. 20551. H.3 (502) Page 3 Aggregate Reserves and Monetary Base ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS^ AVERAGES OF DAILY FIGURES, IN MILLIONS OF DOLLARS SEASONALLY ADJUSTED 1 NOT SEASONALLY ADJUSTED MEMBER BANK RE? ERVES Period MEMBER BANK RESERVES Monetary Base Total 1978—MAY JUNE JULY AUG. SEPT. Nonborrowed Required NOV. DEC. 40,208 40,597 41,099 40,928 41,223 41,399 41,274 41,271 38,996 39,503 39,782 39,788 40,163 40,122 40,570 40,403 39,989 40,420 40,902 40,760 41,031 41,237 41,051 41,039 1979—JAN. FEB. MAR. APR. MAY 41,479 40,754 40,815 40,647 40,503 40,476 39,781 39,825 39,730 38,738 41,264 40,545 40,657 40,471 40,361 25 40,461 39,470 40,348 2 9 16 23 30 41,175 40,560 40,640 40,295 40,323 39*958 39,072 3 8 , 9 81 38,592 37,996 41,025 40,486 40,383 40,278 40,140 6 13 20 P 27 P 40,494 40,038 40,739 40,305 39,154 38,739 39,415 38,718 40,134 39,960 40,615 40,081 i j "" Total 1 | 135,525 136,494 137,699 138,290 139,841 140,777 141,450 142,381 Nonborrowed Monetary Base Required 40,013 40,280 41,223 40,555 40,816 41,397 41,162 41,679 38,801 39,186 39,906 39,416 39,756 40,120 40,459 40,811 39,794 40,103 41,026 40,388 40,623 41,235 40,940 41,447 143,400 143,345 143,893 144,486 144,878 43,080 40,704 40,218 40,725 4 0 , 2 59 42,079 39,731 39,227 39,808 38,494 42,866 40,495 40,060 40,549 40,118 144,429 141,866 142,337 144,190 144,453 144,324 40,830 39,839 40,717 143,777 1 41,812 40,589 40,608 39,658 39,815 40,595 39,101 38,949 37,955 37,488 41,662 40,515 40,351 39,641 39,632 144,725 145,121 144,992 143,717 144,110 ! 39,710 39,371 40,624 40,268 38,370 38,072 39,300 38,681 39,350 39,293 40,500 40,044 145,179 145,113 146,061 145,320 j 1 | 1 135,165 136,481 138,641 138,204 139,184 140,535 142,028 144,579 WEEK ENDING: 1979—APR. MAY JUNE 1/ 145,324 j ! 1 | 144,553 144,938 144,768 145,316 145,536 144,874 145,802 145,847 i ADUSTED FOR BREAKS I N SERIES DUE TO CHANGES IN REGULATIONS 0 AND M. HISTORICAL DATA AND A DESCRIPTION OF THE ADJUSTMENT PROCEDURE ARE AVAILABLE FROM THE BANKING 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 GOVFRNORS 0*= THE »=PDERAL RESERVF SYSTEM, WASHINGTON, D . C . 2 0 5 5 1 .