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FEDERAL m Linr. v w JUI 1 4 lUoti 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