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FEDERAL RESERVE statistical release

-t
* . I^r immediate Rates**

H.3(502)

Aggregate Reserves and Member Bank Deposits
Averages of Daily Figures
Seasonally Adjusted
—

—

Total

borrowed
-*•

1980

"

i

i

Monetary
Non-

A ,

11 u ii l li j

i il H

•

DEPOSITS SWJECT TO RESERVE fUEQUmfcatCMT*

MSMtSR BANK RESERVES - l /
Period

JUNE

%/V

BmmlJ

Required

Total

J Millions of dollars

\

Private Demand Deposits
Total

1

Net

Other

irivefiianK

.Billions of dollars

"

l i e n~*+
Demand

|

|
I
I
I
(
i

616.0
614.7
619.3
625.4
631.5
638.2
641.9
644.4

429.8
427.6
430.6
436.3
441.7
446.6
450.1
451.1

184.2
185.0
186.9
187.0
188.1
189.8
190.0
191.5

11.7
11.2
12.4
12.2
13.3
15.1
14.7
15.4

172.5
173.7
174,5
174.8
174.7
174.7
175.3
176.1

1.9
2.1
1.8
2.1
1.7
1.7
1.9
1.8

I

643.7
647.2
649.1
655.4
657.3

451.9
454.4
457.9
464.2
467.6

189.5
190.9
189.4
188.7
187.8

13.6
14.5
15.6
17.2
17.2

176.0
176.4
173.9
171.5
170.6

2.3
1.9
1.8
2.4
1.9

158.3
157.6
158.7
159.1

658.9
656;4
659.8
654.4

467.5
468.2
467.8
467.4

189.4
186.4
190.1
185.4

17.2
16.5
18.9
16.7

172.2
169.9
171.3
168.7

2.1
1.9
1.8
1.5

159.7
158.5

656.6
658.8

466.7
468.0

187.6
188.8

17.5
16.7

170.1
172.1

2.3
1.9

979—MAY
JONB
JULY
AOG.
SEPT.
OCT.
NOV.
DEC.

40,531
40,782
41,110
41,429
42,199
43,057
43,567

38,901
39,113
39,612
40,025
40,089
40,177
41,151
42,095

40,525
40,31P
40,572
40,888
41,238
41,927
42,812
43,126

145.9
147.1
148.6
150.0
151.5
152.8
153.8

1980—JAN.
FEB.
MAB.P
APB.P
HAY P

43,441
43,350
43,675
44,905
44,457

42,200
41,695
40,851
42,449
43,439

43,191
43,139
43,471
44,644
44,280

154.7
155.6
156.6
157.9
158.5

7P
14P
21P
28P

44,409
43,902
44,803
4 4,385

43,080
42,881
43,964
43,262

44,108
43,860
44,550
44,380

4P
11P

45,222
44,085

44,763
43,684

44,797
44,019

I

E

Time and
Savings

SEEK ENDING:
;1980-HAY

JUNE




!
i

i

SEE REVERSE SIDE POR EXPLANATION OF POOTNOfSS.

'in '

i

""

'«*

H.t(_502):

Page 2

Aggregate Reserves and Member Bank Deposits
AVERAGES OF DAILY FIGURES
NOT SEASONALLY ADJUSTED
|

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES ±1
Monetary

Period

Nonborrowed

Total

Required

Basely

40,237
40,104
40,916
40,715
41,054
42,997
44,020

NOV.
DEC.
|

1 9 8 0 — JAN.
FEB.
MAR.P
APB.P
MAY P

I

45,179
43,177
43,102
44,939
43,974

|
!

Total

Net
Interbank

Other

U.S. Govt.
Demand

!Billions of dollars

^Millions of dollars
i979—-MAY
JUNE
JULY
AUG.
SEPT.

Private Demand Deposits

Time and
Savings

Total

38,472
38,686
39,746
39,630
39,713
40,258
41,092
42,547

40,096
39,883
40,705
40,494
40,862
42,005
42,771
43,560

144.4
145.6
147.9
148.4
149.4
151.3
153.5
156.3

610.9
613.9
619.1
620.4
629.1
637.8
642.2
652.6

43,938
41,522
40,279
42,483
42,956

44,928
42,966
42,899
44,678
43,798

155.9
154.0
154.9
157.6
157.8

652.1
643.9
648.0
657.7
652.0

44,234
43,449
43,914
43,614

158.2
157.3
157.8
157.5

43,749
42,901

158.5
158.5

I

|
!

!

429.8
427.2
429.7
434.2
439.5
445.7
449.2
452.0
454.6
455.8
460.6
464.7
467.6

|

I

!

191.3
198.6

11.0
11.0
12.6
12.0
13.3
15.1
15.2
16.0

195.4
186.2
185.5
190.4
182.6

14.5
14.3
15.2
16.8
16.3

180.9
172.0
170.4
173.6
166.3

2.1
1.8
1.9
2.6
1.8

185.9
182.3
182.9
177.2

17.2
16.0
17.0
14.3

168.8
166.3
166.0

162*3

2.1
1.5
2.0
1.4

187.1
187.1

18.2
15.9

168.9
171.3

1.9
1.5

179.2
183.9
187.8
184.5
187.5

190.5

168.2

I

;
!

[

175.2
172.6
174.2
175.4
176.2
182.6

1.8
2.8
1.6
1.7
2.1
1.6
1.7
2.0

172.9

WEEK ENDING:
1980-MAY

JUNE

7P
14P
21P
28P
4P
11P

|
I

44,535
43,491
44,167
43,619

43,206
42,470
43,328
42,496

44,174
42,967

43,715
42,566

!

1

654.4
651.6
653.0
647.0

466.4
467.8
468.1
468.5

656.2
656.8 v

467.3
468.1

|

I

P •• PBEliAnXNARY

1/

MEMBER BANK BESBBVBS SERIES REFLECTS ACTUAL RESERVES REQUIREMENT PERCENTAGES WITH NO ADJUSTMENT TO ELIMINATE THE EFFECT OF
CHANGES IN REGULATIONS D AND M. EFFECTIVE OCTOBER 11, 1979, AN 8 PERCENTAGE POINT MARGINAL RESERVE REQUIREMENT WAS IMPOSED ON
"MANAGED LIABILITIES". ON OCTOBER 25, 1979, RESERVES OF EDGE ACT CORPORATIONS WERE INCLUDED IN MEMBER BANK RESERVES. THIS
ACTION RAISED REQUIRBD RESERVES $318 MILLION. EFFECTIVE MARCH 12, THE 8 PERCENTAGE POINT MARGINAL RESERVE REQUIREMENT WAS
RAISED TO 10 PERCENTAGE POINTS. IN ADDITION THE BASE UPON WHICH THE MARGINAL RESERVE REQUIREMENT IS CALCULATED WAS REDUCED.
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 RESBIRCH AND STATISTICS, BOARD OF GOVERNORS OF THE FEDERAL'
RESERVE SYSTEM. WASHINGTON. 0.C. 20551.



H.3 (502)

Page 3

Aggregate Reserves and Monetary Base
Adjusted for Changes in Reserve Requirements j /
Averages of Daily Figures, in Millions of Dollars'
|

SEASONALLY ADJUSTED

I

MEMBER BANK RESERVES

Period

Total

Non borrowed

NOT SEASONALLY ADJUSTED
MEMBER BANK RESERVES

Monetary Base

Required

Total

Monetary Base

Required

Nonborrowed

Billions of dollars

Billions of dollars
1979—MAY
JONE
JULY
AUG.
SEPT.
OCT.
NOVDEC.

40,889
40,767
41,039
41,365
41,691
42,335
42,534
43,170

!

1980—JAN.
FEB.
MAR.P
APR.P
MAY P

j
1

39,124
39,350
39,868
40,280
40,351
40,313
40,628
41,697

I

40,748
40,547
40,828
41,143
41,500
42,063
42,290
42,728

43,121
43,091
43,249
43,403
43,364

41,880
41,436
40,426
40,947
42,346

7P
14P
21P
28P

43,536
42,917
43,736
43,037

42,207
41,896
42,897
41,914

43,235
42,875
43,483
43,032

4P
11P

43,906
42,784

43*447
42,383

43,481
42,718

j!
I

!
i
i

42,870
42,880
43,045
43,142
43,188

I
!
[
I
|
!

145.4
146.2
147.4
148.8
150.3
151.6
152.3
153,4

I
I
!
!
!
i

40,459
40,341
41,173
40,970
41,315
42,416
42,475
43,622

!

38,695
38,923
40,002
39,885
39,975
40,394
40,569
42,149

1

40,318
40,120
40,962
40,749
41,124
42,144
42,230
43,180

154.4
155.3
156.2
156.4
157.5

44,858
42,918
42,676
43,436
42,882

43,617
41,263
39,853
40,981
41,864

44,607
42,707
42,473
43,176
42,705

157.4
156.6
157.6
157.7

43,662
42,506
43,100
42,271

42,333
41,485
42,261
41,148

43,361
42,464
42,847
42,266

158.4
157.2

42,858
41,667

42,399
41,266

42,433
41,601

I

i!

144.7
145.9
148.2
148.6
149.7
151.4
153.0
155.9
155.6
153.7
154.5
156.0
156.7

WEEK ENDING:
1980-MAY

JUNE

I

157.4
156.3
156.7
156.2
|

157.2
157.2

•**
1/

RESERVE AGGREGATES SERIES HAVE BEEN ADJUSTED TO REMOVE DISCONTINUITIES ASSOCIATED WITH MARGINAL RESERVE REQUIREMENTS, THE
INCLUSIONS OF EDGE ACT CORPORATION RESERVES, AND OTHER CHANGES IN REGULATIONS D, K AND M. HISTORICAL DATA AND A DESCRIPTION OF
THE ADJUSTMENT PROCEDURE ARE AVAILABLE FROM THE BANKING SECTION, DIVISION OF RESEARCH AND STATISTICS, BOARD OF GOVERNORS OF THE
FEDERAL RESERVE SYSTEM, WASHINGTON, D.C. 20551.