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F E D E R A L

R E S E R V E

statistical

AGGREGATE RESERVES AND MEMBER BANK DEPOSITS
(Averages of d a l l y f i g u r e s , In b i l l i o n s of d o l l a r s )
Seasonally adjusted

Member bank r e s e r v e s

Period
1967--Apr.
May
June
July
Aug.
Sept,
Oct.
Nov.
Dec.
1968--Jan. 4/
Feb.
Mar. P 4 /
Apr . p4 /

y

1/

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 .13

24.70
24.89
24.63
24.42

24.68
24.86
24.89
24.77

274.7
277.0
278.0
276.9

149.9
150.5
151.5
151.3

Nonborrowed

Required

For Immediate r e l e a s e
May 8, 1968.

Deposits subject to reserve requirements
Time and
Savings
137.2
138.6
140.8
142.5
144.8
146.3
147.4
148.9
149.9

Total

release

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

2/

Net Demand Dqpq s i t e
P r i v a t e 5 7 i U.S. G o v ' t .
113.1
• I 45..18
114.5
116 .1
2 .2
j 3.2
116.7
117.6
3.7
117.6
4.5
118.1
5.6
118.7
5.3
118.6
4.4

!

119.5
119.6
120.1
120.5

5.3
6.9
6.5
5.1
1

p - Preliminary.
1 / Data on member bank r e s e r v e s p r i o r t o A p r i l , 1967 a r e a d j u s t e d t o e l i m i n a t e e f f e c t s of changes In r e s e r v e
requirement percentages.
2/ Components may not add t o t o t a l s due t o r o u n d i n g .
3/ P r i v a t e demand d e p o s i t s i n c l u d e a l l demand d e p o s i t s e x c e p t t h o s e due t o U.S. G o v ' t , l e s s cash Items i n
p r o c e s s of c o l l e c t i o n and demand b a l a n c e s due from domestic commercial b a n k s .
4 / Aggregate r e s e r v e s have been a d j u s t e d f o r change i n r e s e r v e r e q u i r e m e n t s held a g a i n s t n e t demand d e p o s i t s
e f f e c t i v e a t mid-month.