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FEDERAL

RESERVE

s t a t i s t i </w\y.

release

SL

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y

Aggregate Reserves and Member Bank Deposits
AVERAGES OF DAILY FIGURES, IN BILLIONS OF DOLLARS
SEASONALLY ADJUSTED

' h *
^

JUNE

8,

1979

4 ^''/iv-

taMWMMHMMi

|
Period

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES j 7
Total

Nonborrowed

Required

Monetary
Basel/

Total

Private Demand Deposits

.. Time and
Savings

Total

Net
1
Interbank

3.3
2.7
3.8
3.6
3.3
4.0
3.5
2.3
2.3

*.l
9.4
9.9

175.6
173.8
171.1
174.8

1.9
1.8
1.8
1.8

179.3

9.3

170.1

1.*

12.3

171.7
172.6
176.9
175.8

2.4
2.?
2.2
1.3

174.7
174.4
173.1
173.4
172.7

1.4
1.5
1.5
2.0
1.9

1978—APR.
MAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV.
DEC.

36.93
37.27
37.63
38.11
37.93
38.21
38.38
39.75
41.27

36.38
36.06
36.53
36.80
36.79
37.15
37.10
39.05
40.40

36.79
37.05
37.45
37.92
37.77
38.02
38.22
39.53
41.04

131.4
132.6
133.5
134.7
135.3
136.8
137.8
139.Q
142.4

585.8
591.5
595.8
600.5
602.7
607.0
608.9
616.9
616.7

400.7
405.1
407.4
410.8
413.0
416.8
418.3
427.5
429.4

1979—JAN.
FFB.
MAR.
APR.

41.48
40.75
40.81
40.65

40.48
39.78
3Q.82
39.7?

41.26
40.54
40.66
40.47

143.4
143.3
143.9
144.5

621.1
619.7
616.4
618.6

433.5
436.1
434.1
432.0

185.6
181.9
130.5
184.7

10.0

40.30

39.22

40.22

143.6

613.5

432.7

WEEK

!

|

U.S. Govt.
Demand

171.0
172.1
173.4
174.7
175.2
176.9
177.0
175.9
175.2

181.8
133.6
184.6
186.1
186.5
186.2
187.2
187.0
185.1

10.8
11.5
11.2
11.4
11.2

Other

9.3

10.2
11.1
9.8

ENDING:

197Q—MAR.
APR.

MAY




28
4
11
18
25

40.77
40.12
40.92
40.46

39.90
39.49
39.97
39.47

40.38
39.96
40.76
40.35

144.5
143.5
144.7
144.3

618.6
617.1
621.2
618.0

432.2
432.9
431.8
431.6

183.9
182.0
187.3
1*5.1

2

41.17
40.56
40.64
40.29
40.33

39.96
39.07
38.88
38.59
38.04

41.02
40.49
40.38
40.25
40.09

145.3
144.6
144.9
144.8
145.3

617.1
615.2
613.4
612.6
611.1

431.2
430.3
429.2
428.3
427.?

184.4
183.4
182.7
182.3
182.0

0

16
23 P
33 P

•—•———

SEE PEVERSF SI^E FOP EXPLANATION OF FOOTNOTES.

9.5

10.4
9.3
9.8
9.0
9.5
8.c
9.3

1
i

H.fr(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 l l

Period

Nonborrowed

Total

Required

Monetary
Basel/

Private Demand Deposits
Total

|

Time and
Savings

Total

Net

T

Interbank

43.08
40.70
40.22
40.72

42.08
39.73
39.23
39.81

36.97
37.08
37.30
38.25
37.57
37.81
38.38
39.65
41.68

1979—JAN.
FEB.
MAR.
APR.

WEEK

|

36.41
35.87
36.21
36.93
36.43
36.75
37.10
38.94
40.81

1978—APR.
MAY
JUNE
JULY
AUG.
.
SEPT.
OCT.
NOV.
DEC.

!

U.S. Govt.
Demand

38.22
39.42
41.4*

131.1
132.2
133.5
135.7
135.2
136.2
137.5
140.5
144.6

588.6
588.3
596.8
600.6
599.2
605.9
608.4
615.1
624.0 |

401.2
406.1
408.6
411.1
412.8
416.6
418.5
425.2
429.6

183.8
179.3
183.7
186.4
183.9
184.7
186.9
188.0
191.9

10.6
10.8 |
11.1
11.5
11.1
9.3
10.1
11.4
10.4

173.3
168.5
172.6
174.9
172.8
175.4
176.8
176.6
181.5

4.5
3.2
2.5
4.6
3.0
2.0
2.5

42.87
40.49
40.06
40.55

144.4
141.9
142.3
144.2

627.1
614.3
614.3 !
621.1

433.8
434.2
434.9
432.3

191.5
178.2
177.5
186.8

10.6
7.9
9.1
9.7

180.9
170.3
168.4
177.1

1.9
1.8
1.9
2.0

36.82
36.86
37.13
38.05
37.40

1

Other

3.ft
2.Q

ENDING:

1979—MAR.

28

39.94

38.86

39.86

141.6

610.2

434.8

173.9

8.8

165.2

1.4

APR.

4
11
18
25

40.43
39.45
41.29
40.83

39.56
38.82
40.34
39.84

40.04
39.29
41.13
40.72

143.2
143.5
145.3
143.8

623.1
621.5
626.3
617.9

435.3
434.6
431.6
430.4

186.0
185.4
191.7
185.7

13.8
9.4
10.1
8.5

172.2
176.0
181.7
177.2

1.8
1.4
2.9
1.7

2
9
16
23 t
30 i

41.81
40.59
40.61
39.65
39.82

40.59
39.10
38.85
37.95
37.53

41.66
40.51
40.35
39.61
3P.59

144.7
145.1
145.0
143.7
144.1

615.9
611.1
610.9
608.8
608.1

430.0
430.1
430.0
430.0
429.7

183.9
179.3
179.4
176.6
176.6

9.2
8.5
8.9
8.0
9.0

174.7
170.7
170.5
168.6
167.7

2.0.
1.7
1.5
2.2
1.8

*

MAY

P - pft?LH!MftY
1/ MEMBER BANK RESERVES SERIES REFLECTS ACTUAL RESERVES REQUIREMENT PERCENTAGES WITH NO ADJUSTMENT TO ELIMINATE THE EFFECT OF
CHANGES IN REGULATION 0 AND M. EFFECTIVE NOVEMBER 2, 1978, A SUPPLEMENTARY RESERVE REQUIREMENT OF 2 PERCENTAGE POINTS WAS
IMOOSED ON TIME DEPOSITS OF $100,000 OR MORE. THIS ACTION INCREASED REQUIRED RESFRVES APPROXIMATELV $3.0 BILLION IN THE WEEK
BEGINNING NOVEMBER 16, 1978.
2/ INCLUDES TOTAL RESERVES (MEMBER BANK RESERVE BALANCES IN THE CURRENT WEFK PLUS VAULT CASH HELD TWO WEEKS EARLIER); CURRENCY
OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AMD 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, BOA*0 OF GOVERNORS OF THE FEDERAL
RESERVE SYSTEM, WASHINGTON, D.C. 20551.