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FEDERAL

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July
Aug.
Sept.
Oct.
Nov.
Dec.
1968--Jan. 4/
Feb. 4/
Mar. 4/
Apr. 4/
May p4/

statistical

AGGREGATE RESERVES AND MEMBER BANK DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

Member bank reserves

23.46
23.45
23.61
23.84
24.10
24.30
24.61
24.77
24.62

23.30
24.39
23.49
23.80
24.09
24.18
24.43
24.66
24.36

23.08
23.05
23.14
23.45
23.76
23.94
24.30
24.41
24.40

256.0
257.2
259.2
262.4
266.1
268.4
271.1
272 .9
272 .9

25.01
25.26
25.30
25.12
25.15

24.70
24.89
24.63
24.41
24.44

24.68
24.86
24.89
24.77
24.71

274.7
277.0
278.0
276.9
277.3

149.9
150.5
151.5
151.3
151.3

Nonborrowed

Required

release

For immediate release
June 12, 1968.

Deposits subject to reserve requirements

1/

Time and
Savings
137.2
138.6
140.8
142.5
144.8
146.3
147.4
148.9
149.9

Total
1967--Apr .
May

u»

RESERVE

Total

Total
118.9
118.6
118.4
119.9
121.4
122.1
123.7
124.0
123.0
124.8
126.5
126.5
125.6
125.9

119.5
119.6
120.1
120.5

5.3
6.9
6.5
5.1

122.1

3.8

p - Preliminary.
1/ Data on member bank reserves prior to April, 1967 are adjusted to eliminate effects of changes in reserve
requirement percentages.
Components may not add to totals due to rounding.
Private demand deposits include all demand deposits except those due to U.S. Gov't, less cash items in
process of collection and demand balances due from domestic commercial banks.
Aggregate reserves have been adjusted for change in reserve requirements held against net demand deposits
effective at mid-month.

y




2/

Net Demand Deposits
U.S. Gov't.
Private
5.8
113.1
4.1
114.5
2 .2
116.1
3.2
116.7
3.7
117.6
4.5
117.6
5.6
118.1
5.3
118.7
4.4
118.6