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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.