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H. 3

Federal Reserve Bank
*

i

s—

August 1980

1^ ^

Philadelphia

I^

ibrar'

M^jaber Bank Deposits and Reserves

1

Member bank deposits, reserves and monetary base have been revised

to reflect new seasonal factors based on one additional year of data (1979).
Historical data, weekly and monthly, seasonally adjusted and not seasonally
adjusted, are attached.
Regulatory changes in member bank reserve requirements, associated
with changes in Regulations D and M, cause discontinuities in the actual aggre­
gate reserves and monetary base series.

Because of these discontinuities,

growth rates derived from the actual series over periods including breaks due
to changes in reserve requirements da not provide meaningful measures of the
growth of reserves and the monetary base.

For purposes of calculating growth

rates and for other analytical uses, breaks in these series must be removed.
Tables 5 and 6 show aggregate reserve and monetary base data adjusted for breaks
due to changes in Regulations D and M.
There are many statistical methods available for removing breaks in
these series.

The Board has adopted what is essentially a multiplicative method

that adjusts historical data as if current reserve requirements were in effect
for all past periods.

This method requires that a new historically adjusted

series be constructed, reflecting the latest reserve requirements, each time
/

there is a change in Regulations D or M.

The adjusted series exclude marginal

ca

reserves and reserves held against Eurodollar borrowings, commercial paper and

i
other minor items.
Current data, monthly and weekly, actual and adjusted basis, are published
on the Board’s H.3 release, "Aggregate Reserves and Member Bank Deposits," and
weekly seasonally adjusted data are shown on the H.9 release, ’Veekly Summary
of Banking and Credit Measures."

Monthly seasonally adjusted data are also

published in the Federal Reserve Bulletin,




I.

Description of Break Adjustment Procedures
Historical aggregate reserves and monetary base series adjusted
for changes in Regulation D and M are constructed in the following manner:
1.

For the week in which reserve requirements against deposits,
net demand or time and savings, change due to a change in
*•

Regulation D, required reserves are calculated on both the
old and the new reserve requirement basis for the type of
deposits affected.
2.

The ratio of "new" required reserves to "old" required
reserves for the particular deposit type is calculated and
this ratio is applied to actual required reserves for that
deposit type for all weeks prior to the change in Regulation
D.

3.

As the ratio is applied back through time, it is adjusted
for earlier breaks in series due to changes in Regulation D
by multiplying the current ratio by the ratio calculated at
the time of the previous change in Regulation D.

(This pro­

cedure is carried back, weekly, to January 1959; monthly averages
are derived from prorations of the weekly data.)
4.




Adjustments for breaks in series due to changes in Regulations
D and M affecting other reservable liabilities (i.e., commer­
cial paper, finance bills, Eurodollar borrowings) and marginal
reserve requirements are made by subtracting the sum of such
required reserves from the actual series.

II.

1J

Effective September 1, 1960, the reserve requirement of central reserve
city banks against their net demand deposits was reduced from 18 per cent
to 17-1/2 per cent. This action reduced required reserves approximately
$120 million.

2/

Effective November 24, 1960, the reserve requirement of country banks
against their net demand deposits was increased from 11 per cent to 12
per cent. This action increased required reserves approximately $380
million.

Zj

Effective December 1, 1960, the reserve requirement of central reserve
city banks against their net demand deposits was reduced from 17-1/2 per
cent to 16-1/2 per cent. This action reduced required reserves approxi­
mately $250 million.

4J

Effective October 25, 1962, the reserve requirement of reserve city banks
against their time deposits was reduced from 5 per cent to 4 per cent.
This action reduced required reserves approximately $410 million.

5/

Effective November 1, 1962, the reserve requirement of country banks
against their time deposits was reduced from 5 per cent to 4 per cent.
This action reduced required reserves approximately $360 million.

6/

Effective July 14, 1966, reserve requirement of reserve city banks against
time deposits (other than savings deposits) in excess of $5 million was
increased from 4 per cent to 5 per cent. This action increased required
reserves approximately $350 million.

Ij

Effective July 21, 1966, reserve requirement of country banks against
time deposits (other than savings deposits) in excess of $5 million was
increased from 4 per cent to 5 per cent. This action increased required
reserves approximately $70 million.

8/

Effective September 8, 1966, reserve requirement of reserve city banks
against time deposits (other than savings deposits) in excess of $5 million
was increased from 5 per cent to 6 per cent. This action increased required
reserves approximately $370 million.

9_!

Effective September 15, 1966, reserve requirement of country banks against
time deposits (other than savings deposits) in excess of $5 million was
increased from 5 per cent to 6 per cent. This action increased required
reserves approximately $75 million.

10/

Effective March 2, 1967, reserve requirement of all member banks against
savings deposits and the first $5 million of time deposits was reduced
from 4 per cent to 3-1/2 per cent. This action reduced required reserves
approximately $425 million.




III.

11/

Effective March 16, 1967, reserve requirement of all member banks against
savings deposits and the first $5 million of time deposits was reduced
from 3-1/2 per cent to 3 per cent. This action reduced required reserves
approximately $425 million.

12/

Effective January 11, 1968, reserve requirement of reserve city banks
against net demand deposits in excess of $5 million was increased from
16-1/2 per cent to 17 per cent. This action increased required reserves
approximately $360 million.
r

13/

Effective January 18, 1968, reserve requirement of country banks against
net demand deposits in excess of $5 million was increased from 12 per cent
to 12-1/2 per cent. This action increased required reserves approximately
$190 million.

14/

Effective April 17, 1969, reserve requirement of all member banks against
net demand deposits was increased 1/2 percentage point. This action
increased required reserves approximately $660 million.

15/

Effective October 16, 1969, a 10 per cent marginal reserve requirement was
established on certain foreign borrowings, primarily Euro-doliars, by mem­
ber banks and on the sale of assets to their foreign branches. This action
increased required reserves approximately $415 million.

16/

Effective October 1, 1970, reserve requirement of all member banks against
time deposits (other than savings deposits) in excess of $5 million was
reduced from 6 per cent to 5 per cent. At the same time, a 5 per cent
reserve requirement was imposed against funds obtained by member banks
through the issuance of commercial paper by their affiliates. This action
reduced required reserves approximately $500 million (net).

17/

Effective January 7, 1971, the reserve percentage required to be maintained,
against certain foreign borrowings, primarily Euro-dollars, by member banks,
and the sale of assets to their foreign branches was raised from 10 per cent
to 20 per cent. This action had little effect on required reserves.

18/

Effective November 9, 1972, Regulations D and J were revised to (1) adopt
a system of reserve requirements against demand deposits of all member banks
based on the amount of such deposits held by a member bank, and (2) to
require banks— member and nonmember— to pay cash items presented by a Federal
Reserve Bank on the day of presentation in funds available to the Reserve
Bank on that day. These changes reduced required reserves approximately $2.5
billion, effective November 9; $1.0 billion, effective November 16; and
increased required reserves $300 million, effective November 23.

19/

Effective June 21, 1973, the Board amended its Regulation D to establish a
marginal reserve requirement of 8 per cent against certain time deposits
and to subject to the 8 per cent reserve requirement certain deposits exempt
from the rate limitations of the Board's Regulation Q. In addition,
reserves against certain foreign branch deposits were reduced from 10 per
cent to 8 per cent. These changes had little effect on required reserves.




IV.

20/

Effective July 12, 1973, reserve requirements were imposed against finance
bills. This action increased required reserves approximately $90 million.

21/

Effective July 19, 1973, reserve requirement against all net demand
deposits, except the first $2 million was increased 1/2 percentage
point. This action increased required reserves approximately $760
million.

22/

Effective October 4, 1973, the marginal reserve requirement against
certain time deposits was increased from 8 per cent to 11 per cent.
This action increased required reserves approximately $465 million.

23/

Effective December 27, 1973, the marginal reserve requirement against
certain time deposits was reduced from 11 per cent to 8 per cent. This
action reduced required reserves approximately $360 million.

24/

Effective September 19, 1974, the marginal reserve requirement against
time deposits in denomination greater than $100,000 and more than 4
month maturity was eliminated. This action reduced required reserves
approximately $510 million.

25/

Effective December 12, 1974, reserve requirement against all time
deposits with an original maturity of six months or longer was reduced
from 5 per cent to 3 per cent; reserve requirement against all time
deposits with an original maturity of less than six months was increased
from 5 to 6 per cent; and reserve requirement against net demand depo­
sits over $400 million was reduced from 18 per cent to 17-1/2 per cent.
In addition, the 3 per cent marginal reserve requirement on large certi­
ficates of deposit with an initial maturity of less than four months was
removed. This action reduced required reserves approximately $710 million.

26/

Effective February 13, 1975, reserve requirement against all categories
of net demand deposits up to $400 million was reduced by one-half of 1
percentage point, and reserve requirement against net demand deposits of
more than $400 million was reduced 1 percentage point. This action
reduced required reserves approximately $1,065 million.

27/

Effective May 22, 1975, reserve requirement against foreign borrowings
of member banks, primarily Euro-dollars, was reduced from 8 per cent
to 4 per cent. This action reduced required reserves approximately $80
million.

28/

Effective October 30, 1975, reserve requirement against member bank time
deposits with an original maturity of four years or more was reduced
from 3 per cent to 1 per cent. This action reduced required reserves
approximately $360 million.




V.

29/

Effective January 8, 1976, reserve requirement on time deposits maturing
in 180 days to 4 years was reduced from 3 per cent to 2-1/2 per cent.
This action reduced required reserves by approximately $500 million.

30/

Effective December 30, 1976, reserve requirement against net demand depo­
sits up to $10 million was reduced by 1/2 percentage point, and reserve
requirement against net demand deposits over $10 million was reduced by
1/4 percentage point. This action reduced required reserves by approxi­
mately $550 million.

31/

Effective November 2, 1978, a supplementary reserve requirement of 2 per­
centage points was imposed on time deposits of $100,000 or more. This
action increased required reserves approximately $3.0 billion.

32/

Effective October 11, 1979, a marginal reserve requirement of 8 percent
was imposed on "managed liabilities" of member banks, Edge corporations,
and U.S. agencies and branches of foreign banks above a base average for
the two weeks ending September 26, 1979. Managed liabilities include
large time deposits ($100,000 and over with maturities of less than one
year), repurchase agreements against U.S. government and federal agency
securities, Eurodollar borrowings, and federal funds borrowings from a
nonmember institution. On October 25, required reserves and reserves
held by Edge Corporations were included in member bank reserves. (Pre­
viously reserves held by these institutions were recorded as "other
deposits" by Federal Reserve banks.) These actions raised required
reserves approximately $355 and $320 million, respectively.

33/

Effective March 12, 1980, the 8 percentage point marginal reserve require­
ment was raised to 10 percent. In addition, the base upon which the
marginal reserve requirement is calculated was reduced. This action
increased required reserves about $1.7 billion.

34/

Effective May 29, 1980, the marginal reserve requirement was reduced
from 10 to 5 percentage points and the base upon which the marginal
reserve requirement is calculated was raised. This action reduced required
reserves about $980 million.

35/

Effective July 24, 1980, the 5 percent marginal reserve requirement on
managed liabilities and the 2 percent supplementary reserve requirement
against large time deposits were removed. These actions reduced required
reserves about $3.2 billion.




v|

\po°r°

TABLE 1
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED

1959

1960

1961

1962

I
I
I
I
I
I
l
I
1
JAN. ..|
FFB...1
MAR...|
APR. .. |
MAY.. . |
JUN. .. |
JUL...I
AUG...I
SEP...1
CCT.|
NCV... |
DEC... |
1
JAN...J
FEB.-- |
MAR. .. |
APR. .. 1
MAY... |
JON. .. |
JUL... |
AUG... 1
SEP...J
CCT... |
NCV.. • f
DEC...I
1
JAN. ..1
FEB... |
MAR... I
APR... |
MAY... |
JON-- |
JUL...I
AUG... |
SEP. .. |
OCT- .. 1
NCV. ..|
DEC- .. |
1
JAN... |
FEB.-. |
MAR. .. |
APR... |
MAY... |
JUN... |
JUL. .. |
AUG... |
SEP... |
OCT. ..1
NOV...|
DEC. .‘.|

MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

TOTAL

NONBORROHED

REQUIRED

TOTAL

1
TIME AND
SAVINGS I
|

PRIVATE DEMAND DEPOSITS

|

t
NET
|
| INTERBANK I

OTHER

|
|

TOTAL

U.S.
GOVT
DEMAND

18611.
18665.
18622.
18676.
18611.
18500.
18688.
18776.
18711.
18610.
18598.
18607.

18060.
18160.
18022.
17984.
17870.
17571.
17727.
17786.
17785.
17703.
17739.
17666.

18114.
18211.
18161.
18245.
18190.
18094.
18272.
18328.
18269.
18169.
18154.
18101.

48.0
48.1
48.1
48.1
48.3
48.2
48.4
48.6
48.4
48.3
48.3
48.3

157.0
158.1
157.8
158.6
158.7
158.1
159.1
159.6
159.1
158.2
158.0
157.8

53.9
53.7
53.9
54.1
54.3
54.5
54.4
54.4
54.4
54.3
54.4
54.4

|
1
|
l
|
|
|
l
|
I
I
|

99.5
99.9
100.2
100.1
100.7
100.7
101.0
101.1
100.2
99.6
99.4
98.6

|
|
|
|
|
|
|
|
|
|
|
|

6.4
6.6
6.6
6.6
6.6
6.6
6.6
6.5
6.6
6.5
6.3
6.5

93.0
93.3
93.6
93.4
94.0
94.1
94.4
94.5
93.6
93.1
93.0
92.1

|
|
|
|
|
I
|
|
|
|
|
1

377
4.4
3.7
4.4
3.7
2.9
3.7
4. 1
4.5
4.2
4.2
4.8

18531.
18297.
18197.
18164.
18277.
18339.
18515.
18675.
18642.
18761.
18964.
18914.

17644.
17487.
17556.
17558.
17781.
17904.
18136.
18379.
18427.
18594.
18831.
18840.

18018.
17843.
17774.
17738.
17832.
17859.
18014.
18132.
18015.
18099.
18222.
18170.

48.3
48.0
4 7.9
47.9
48.1
48.1
48.3
48.4
4 8.4
48.6
48.7
48.7

157.2
156.5
156.4
156.2
157.3
157.7
159.1
160.6
161.2
161.8
162.6
162.2

54.0
53.7
53.7
54.0
54.2
54.5
55.2
56.0
56.8
57.5
58.2
58.9

l
l
l
|
|
|
|
1
1
l
|
|

98.8
98.7
98.5
98.3
98.2
98.2
98.6
99.6
99.6
99.3
99.2
98.8

|
|
|
|
|
1
|
|
|
1
|
|

6.4
6.3
6.3
6.4
6.4
6.6
6.6
6.8
6.8
6.8
6.8
6.8

92.4
92.3
92.2
91.9
91.8
91.6
91.9
92.9
92.8
92.5
92.4
92.0

1
|
|
1
|
|
|
|
|
|
|
|

4.4
4.2
4.2
3.9
4.9
4.9
5.3
5.0
4.9
5. 1
5.2
4.6

19027.
19044.
18959.
18991.
18939.
19023.
19105.
19333.
1943 7.
19665.
19762.
19764.

18962.
18911.
18889.
18934.
18844.
18960.
19051.
19267.
19400.
19594.
19664.
19630.

18256.
18395.
18414.
183 75.
18384.
18433.
18490.
18753.
18858.
19133.
19170.
19180.

48.8
48.8
48.7
48.7
48.7
48.8
49.0
49.3
49.6
49.9
50.0
50.2

163.1
165.6
166.2
166.5
167.6
168.4
169.1
171.3
172.5
174.5
175.1
175.4

59.3
60.5
61.3
62.1
63.1
63.8
64.6
65.3
66.0
66.7
67.4
67.8

1
|
l
]
|
|
1
\
|
1
|
I

99.3
100.1
100.5
100.8
101.3
101.4
101.4
101.8
101.9
102.2
102.5
102.7

|
|
|
|
l
|
l
|
|
|
|
|

6.8
6.9
7.0
7.0
7. 1
7.1
7.0
7. 1
7.0
7.1
7.1
7.3

92.5
93.2
93.5
93.8
94.2
94.3
94.4
94.8
95.0
95.1
95.4
95.4

l
|
|
|
|
|
|
I
|
|
|
|

4.5
4.9
4. 4
3.6
3.2
3.2
3. 1
4. 1
4.5
5.6
5.2
4.9

19793.
19679.
19704.
19845.
19951.
19929.
20034.
20029.
20120.
20168.
19529.
19716.

19706.
19612.
19615.
19773.
19890.
19827.
19943.
19904.
20039.
20105.
19409.
19456.

19170.
19177.
19232.
193 53.
19434.
19456.
19500.
19499.
19630.
19691.
18973.
19144.

50.3
50.2
50.4
50.7
50.8
50.9
51- 1
51.2
51.3
51.4
50.9
51.2

175.9
177.3
178.7
180.2
181.7
182.5
183.2
183.8
185.2
186.8
187.2
189.1

68.7
70.0
71.4
72.5
73.2
74.4
75.2
75.9
76-8
77.9
78.8
80. 1

l
i
t
|
|
|
|
|
|
|
|
[

102.7
102.7
102.6
102.9
102.9
102.6
102.7
102.5
102.4
102.7
103.1
103.3

|
|
|
|
|
|
|
|
|
|
|
|

7.3
7.1
7.1
7.2
6.8
6.8
6.9
6.8
6.8
6.9
7.0
6.9

95.4
95.5
95.4
95.7
96.1
95.8
95.8
95.7
95.6
95.8
96.1
96.4

|
|
|
l
|
l
|
|
|
1
|
|

4.5
4.7
4.8
4.8
5.6
5.5
5*3
5.3
6.0
6.2
5.3
5.7




TABLE 1
MEMBER BASK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED

1963

1964

1965

1966

I
l
I
l_
I
I
1
1
1
JAN...|
FEB . ..|
MAR...1
APR...|
MAY...|
JUN. . . |
JDL...|
AUG...|
SEP...|
CCT-- |
NCV...|
EEC...|
t
1
JAN...|
FEB...]
MAR... |
APR... |
MAY... |
JUN...|
JUL... 1
AUG.- . |
SEP...|
OCT.-. |
NCV. .. |
DEC...1
i
I
JA N . .. |
EEB.-- |
MAR... |
APR... |
MAY... |
JUN. .. |
JUL.. . |
AUG...|
SEP.- - |
OCT...I
NCV...|
EEC... 1
I
JAN...|
FEB... |
MAR. ..|
APR.-.|
MAY...|
JUN. .. |
JUL.. . |
AUG...j
SEP...|
OCT...|
NCV...1
EEC...1

MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

MONBORROWED

REQUIRED

19733.
19669.
19652.
19740.
19753.
19734.
19939.
19953.
20005.
19984.
20130.
20393.

19587.
19503.
19504.
19610.
19543.
19475.
19641.
19624.
19687.
19664.
19782.
20061.

19228.
19208.
19218.
19283.
19323.
19317.
19485.
19508.
19577.
19587.
19689.
19903.

51.3
51.4
51.6
51.8
52.0
52.1
52.5
52.7
52.9
53.0
53.3
53.8

|
|
l
|
|
|
|
|
l
|
|
|

190.5
191.5
192.5
193.5
194.9
195.7
197.3
198.2
199.4
200.2
201.6
203.7

!
| TIME AND
| SAVINGS I
|
1
|
81.1
|
|
J
82.1
[
83.2
|
|
84.1
\
|
85.0
|
|
85.9
|
|
86.7
|
|
88.0
|
[
89.0
1
|
90.1
|
|
91.4
|
1
92.4
|

20328.
20291.
20340.
20340.
20365.
20480.
20590.
20845.
20961.
21054.
21241.
21274.

20054.
20004.
20062.
20129.
20105. r
20212.
20327.
20530.
20616.
20732.
20840.
21010.

19888.
19893.
19954.
19988.
20011.
20106.
20214.
20424.
20531.
20656.
20833.
20868.

53.8
53.9
54.2
54.3
54.6
54.9
55.1
55.6
55.8
56.1
56.4
56.5

[

|
J
|
|
|
|
j
I
|
|
J

204.5
205.7
206.6
207.5
208.6
209.8
210.9
213.1
214.7
216.0
218.0
219.1

|
|
|
|
|
|
i
i
|
|
|

93.6
94.4
95.0
95.8
96.8
97.8
98.6
99.5
100.7
101.8
103.0
104.1

21246.
21255.
21340.
21612.
21463.
21622.
21777.
21853.
21867.
22032.
22022.
22340.

20946.
20850.
20929.
21141.
20968.
21085.
21249.
21305.
21313.
21544.
21590.
21896.

20831.
20843.
20974.
21271.
21130.
21260.
21425.
21456.
21457.
21674.
21670.
21917.

56.7
56.9
57.0
57.4
57.4
57.7
58.1
58.3
58.6
59.1
59.2
59.8

!
|
|
1
|
1
|
1
|
J
l
|

220.1
222.0
223.8
226.5
227.2
228.6
230.4
232.1
233.2
235.5
236.8
238.9

|
|
i
|
|
I
|
|
|
J
l
{

22342.
22291.
22292.
22456.
22544.
22530.
22998.
22944.
23370.
23383.
23309.
23389.

21922.
21809.
21731.
21819.
21856.
21823.
22257.
22209.
22601.
22649.
22702.
22857.

21964.
21944.
21950.
22101.
22203.
22174.
22620.
22577.
22999.
23051.
22925.
23050.

60.0
60.1
60.3
60.7
60.9
61.0
61.8
61.8
62.4
62.5
62.6
62.9

f
|
1
|
|
I
!
l
I
l
l
|

239.9
240.7
241.6
244.1
246.2
246.2
248.2
247.2
247.5
246.7
245.8
246.8

l
l
I
I
|
|
|
|
|
i
l

TOTAL




|

TOTAL

[

\

PRIVATE DEMAND DEPOSITS

|

OTHER
1
96.8
96.9
96.9
97.2
97.6
97.1
97.9
98.1
98.0
98.3
99.3
98.8

|
|

103.9
103.8
103.9
104.1
104.6
104.2
104.9
105.0
104.9
105.3
106.2
105.9

|
NET
1
| INTERBANK|
1
|
7.1
I
7.0
|
I
6.9
|
I
1
6.9
I
|
7.0
I
7.0
|
I
|
7.0
1
|
6.9
1
|
6.9
|
7.0
|
|
6.9
|
I
|
7. 1
|

|
|
l
|
|
|
|
|
|
|
I
|

5.5
5.6
5.4
5.2
5.3
5.6
5.7
5.3
5.4
4.8
4.0
5.4

|
|
|
|
|
|
|
|
|
|
1
|

106.1
106.4
106.3
106.5
106.7
106.4
107.4
108.1
108.6
109.0
109.1
109.1

|
|
|
|
|
|
l
J
|
|
|
|

6.9
6.9
7.0
7.1
7.0
6.9
7.0
7. 1
7.1
7.1
7. 1
7. 1

|
I
|
|
I
I
|
1
l
|
|
|

99.2
99.5
99.3
99.4
99.7
99.5
100.4
101.0
101.5
101.9
102.0
102.1

|
|
|
|
|
|
|
|
|
I
I
t

4.8
4.9
5.3
5.3
5.1
5.5
4.9
5.6
5.4
5.3
6.0
5.9

106.0
107.6
108.8
109.3
111.1
112.4
113.8
115.2
116.9
118.6
119.9
121.1

|
|
|
|
|
|
|
l
I
|
1
|

109.2
109.2
109.4
109.8
109.3
109.6
110.3
110.4
111.4
112.1
112.4
113.0

|
|
1
|
|
l
J
|
l
|
|
|

7. 1
7.0
7.0
7. 1
7.0
7. 1
7.1
7. 1
7.4
7.4
7.4
7.5

I
I
|
|
1
l
I
|
|
|
|
|

102.2
102.1
102.4
102.7
102.3
102.5
103.2
103.3
104.0
104.7
105.0
105.5

|
|
|
1
J
|
I
|
(
|
|
|

4.9
5.2
5.6
6.8
6.7
6.6
6.4
6.5
4.9
4.8
4.4
4.8

121.8
122.1
123.0
124.9
126.3
126.7
128.3
128.7
129.1
128.5
127.9
129.0

|
1
l
|
I
!
|
|
|
I
1
*

113.8
114.1
114.8
115.7
115.1
115.0
114.3
114.0
114.4
113.8
113.8
114.1

|
|
•
|
1
l

7.6
7.5
7.3
7.8
7.8
7.7
7.9
7.6
7.6
7.5
7.5
7.6

I
1
J
l
|
|
I
|
|
|
I
I

106.2
106.6
107.0
107.9
107.2
107.3
106.4
106.4
106.8
106.2
106.3
106.5

|
S
|
|
(
I

4.3
4.5
3.7
3.5
4.7
4.5
5.6
4.4
4.0
4.4
4.1
3.7

TOTAL
1

[

I
|
]
|
l

\

|
|
|
|
|

U.S.
GOVT
DEMAND

TABLE 1
MEMBER BASK DEPOSITS AMD RESERVES
SEASONALLY ADJUSTED
M EM BER

BANK

M IL L IO N S

RESERVES

OF

D E P O S IT S

S U B JE C T

D O LLA R S
M O NETARY
BASE

NONBORRO W ED

TOTAL

TO

B ILL IO N S

R E Q U IR E D

RESERVE
OF

P R IV A T E
T I M E AND
S A V IN G S

TOTAL

1968

1969

1970

..I
..|
.. |
..i
.. |
..|
__ |
..|
..I
..|
..|
.. |
I
JAN. .. I

JAN.
FEB.
MAR.
APR.
MAY.
JON.
JOL
AUG.
SEP.
CCT.
NCV.
DEC.

FEB. .. |
MAR... |
APR. .. |
MAY... |
JUN... |
JUL. .. |
AUG. .. |
SEP... |
CCT. . . |
NOV...|
DEC. .. |
I
JAN.
j
FEB. I
MAR.
|
APR. 1
MAY.
|
JON. J
JUL...J
AUG. |
SEP.
J
OCT. |
NCV. 1
DEC. 1
1
JA N . |
F E B . ..j
MAR...|
APR__ |
MAY...1
JUN...|
JU L . ..|
AUG...]
SEP-- 1
OCT . ..|
NCV...|
EEC. .. |

..
..
..
..
..
..
..
..
..
..
..
..

23655.
23783.
23458.
23416.
23392.
23543.
23997.
24043.
24351.
24727.
24840.
24913.
25337.
25597.
25658.
25522.
25586.
25773.
26186.
26311.
26361.
26616.
26864.
27177.
27213.
27154.
26900.
27078.
27715.
27523.
27131.
27205.
27305.
27361.
27856.
28065.
27945.
27783.
27658.
28100.
27825.
27826.
28164.
28687.
29060.
28733.
28823.
29222.




I
I
1
I
1
1
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

!I

i
i
i
\

i
i
i
i
i
i
i
i
l
i
i
i
i
i
i
i
i
i
i
i

23245.
23419.
23258.
23269.
23302.
23437.
23882.
23962.
24263.
24599.
24709.
24685.
25090.
25224.
24998.
24837.
24845.
25079.
25659.
25747.
25858.
26173.
26319.
26431.
26477.
26319.
25998.
26075.
26341.
26139.
25879.
25986.
26225.
26211.
26654.
26947.
26986.
26703.
26760.
27255.
26857.
26945.
26805.
27850.
28460.
28270.
28408.
28889.

I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i
1
1
1
1
1
1
1

23251.
23414.
23044.
23065.
23027.
23191.
23579.
23678.
24009.
24392.
24482.
24537.
24950.
25210.
25321,
25187.
25226.
25444.
25835.
259 82.
26000.
26371.
26556.
26751.
26966.
26900.
26681.
26912.
27460.
27219.
26906.
26968.
27031.
27198.
27627.
27779.
27772.
27575.
27496.
27949.
27667.
27636.
27998.
28513.
28816.
28528.
28590.
28973.

I
I
I
I
1
1
1
1
1
1
1
1
1
1
I
1
1
1
J
1
1
1
1
1
I
1
I
1
1
1
1
1
1
1
1
1
!
1
1
1
1
I
1
1
1
1
1
1
1
1
1

63.4
63.6
63.5
63.5
63.5
63.8
64.7
64.9
65.2
65.9
66.1
66.5

249.9
252.9
255.9
258.4
259.9
261.9
265.7
267.8
270.8
273.7
275.4
276.3

67.2
67.6
68.0
68.1
68.4
68.9
69.5
69.9
70.3
70.7
71.4
72.0

277.2
278.9
280.2
279.5
280.5
281.8
285.4
288.3
291.0
294.4
296.9
300.4

72.2
72.4
72.3
72.6
73.5
73.6
73.4
73.8
74.0
74.4
75.2
75.6

299.3
298.4
296.3
297.4
297.4
295.4
292.1
287.5
287.7
286.1
288.3
288.0

75.7
75.7
75.8
76.5
76.8
76.9
77.5
78.3
78.8
78.8
79.1
79.8

287.3
285.6
289.0
292.6
292.2
293.8
300.3
305.9
310.1
313.6
316.8
321.7

t
I
I
I
l
I
I
I
I
I
I
I
l
I
i
I
l
I
I
l
I
I
I
I
I
l
I
I
I
I
I

1
i
i
i
i
i
i
i
i
i
i
i
i
i
i
i
i

i
i
i

131.5
133.9
135.7
137.5
139.0
141. 1
143. 1
144.6
146.2
146.9
148.2
149.3
149.7
150.9
151.6
151.6
152.0
152. 1
154.3
156.5
158.6
160.8
162.8
164.9
163.0
161.8
161.0
160.6
159.8
158.3
155.8
152.5
151.7
150. 8
150.5
150.7
149.1
149.0
150.6
153.5
154. 6
155. 4
161.3
165.5
169.7
172.8
175.6
179.4

DEM AND

D E P O S IT S
U .S .

I
1
1
1
1
1
1
1
f
1

!
1
1
1

!
1

!
1
1
1
1
1
I
1
1
1
1
1
1
I
1

!
1
1
1
1

!
1
i

1
1
i
1
1
1
1
1

1
i
i
1

113.9
114.9
116.1
115.5
116.6
117.8
118.5
119.5
120.0
120.8
121.3
121.5
122.2
122.5
123.1
123.4
124.5
125.5
126.4
127.0
127.2
128.0
129.3
130.6
131.3
131.7
131.7
131.5
131.8
132.3
131.8
131.5
131.5
131.7
132.3
132.1

t
I
I

\
I
I
I
I
1
1
1
1
1

1
1
1
I
1
1
1
1
1
1
1

1
1
1
1
1
1
1
f
1
1
1
i
1

1

7.7
7.7
7.7
8.0
7.8
8. 1
8.0
8.1
8.2
8.3
8.3
8.4

9.1
9.3
9.3
9.1
9.8
9. 9
9.6
10.3
10.5
10.3
10.7
10.8

1
1
1
1
1
1
1

l
1
1
1
1

10.3
10.5
10.5
10.8
10.3
9.6
10.2
10.3
9.9
10.4
10.4
10.7

DEM AND

O THER

l
I
I
l
i
l
I
I
I
I
I
I

106.2
107.1
108.5
107.5
108.8
109.7
110.6
111.3
111.8
112.5
113.0
113.1

!
8.6
8.5
8.6
8.6
8.7
8.9
9.0
9.0
9.1
9. 1
9.1
9.2

1
133.5
131.7
133.0
134.0
133.7
132.9
133.3
134. 1
134.6
135.2
135.4
136.1

GOVT

NET
IN T E R B A N K

TOTAL

1967

R E Q U IR E M E N T S

D O LLA R S

I
I
I
l
I
I
I
l
I
i
l
I
I
I
I

1
1
1
1
I
1
1

J
1
1
1
1
1
1
1
1
I
1
1
1
I
1

»

113.6
113.9
114.5
114.8
115.7
116.6
117.3
117.9
118.1
119.0
120.2
121.3
122.2
122.4
122.3
122.4
122.0
122.3
122.2
121.2
121.1
121.4
121.6
121.3
123.2
121.2
122.5
123.3
123.3
123.3
123.2
123.9
124.6
124.8
125.0
125.4

I
I
I
f
I
I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

!
1
1
1
1
1
1
1
1
1

1
1
i

1
1
1

1
1
1
1
1

!
1
1

1
1
1

1

4,5
4.2
4.0
5.4
4.3
3.0
4. 1
3.7
4.7
5.9
5.9
5.4
5.3
5.5
5.5
4.5
4.1
4.2
4.8
4.8
5.2
5.6
4.7
4.9
4.9
4.9
3.7
5.3
5.8
4.8
4.5
3.5
4.5
3.7
5.5
5.2
4.7
5.0
5.4
5.0
3.9
5.6
5.6
6.2
5.9
5.6
5.9
6.2

TABLE 1
MEMBER BAHK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
»
I
1
l_
1
1
1
1
1971

1972

1973

1974

JAN.-.|
FEB...|
MAR.|
APR.-.|
MAY...|
JON.-.|
JOL.. . |
AOG...|
SEP...|
CCT. .. |
NOV... |
DEC... |
1
JAN. .. I
FEB...|
MAR. .. |
APR... 1
MAY-.. |
JON. .. |
JOL... |
AOG... |
SEP... |
OCT... |
NCV... |
DEC. .. |
1
JAN... \
FEB. ..J
MAR... |
APR... |
MAY... |
JON. .. |
JOL. .. |
AOG... |
SEP...I
O C T . .. |
NGV...(
DEC...|
1
JAN...|
FEB . ..|
MAR... |
APR...|
MAY__ |
JON...|
JOL...|
AOG...1
SEP.. . t
CCT__ |
NCV... |
EEC... I

MEMBER BANK RESERVES
MILLIONS OF DOLLARS

TOTAL

29369.
29731.
29852.
29868.
30209.
30358.
30587.
30784.
31144.
30908.
31103.
31276.
31708.
31851.
32101.
32450.
32580.
32857.
33039.
33482.
33427.
33879.
32078.
31398.
31673.
31695.
32121.
32187.
32215.
32503.
33413.
34082.
34339.
35039.
3-4986.
34980.
35299.
35286.
35270.
35788.
36389.
36800.
37202.
37370.
37407.
36942.
36918.
36663.




I
NONl
BORROWED I REQUIRED
I
I
29004.
I 29135.
29399.
I 29476.
29533.
I 29657.
29714.
I 29700.
29925.
I 29990.
29866.
I 30157.
29764.
1 30403.
29975.
1 30588.
30650.
1 30955.
30551.
1 30746.
30720.
1 30866.
31150.
1 31094.
1
31686.
1 31502.
31818.
1 31699.
32003.
1 31911.
32332.
1 32294.
32469.
1 32441.
32757.
f 32655.
32801.
1 32846.
33095.
1 33294.
32886.
1 33215.
33324.
1 33668.
31469.
1 31724.
30348.
I 31114.
i
30513.
t 31415.
30102.
I 31498.
30297.
V 31912.
30475.
1 31964.
30373.
1 32077.
30653.
1 32286.
31460.
1 33130.
31917.
1 33910.
32487.
1 34109.
33563.
1 34786.
33593.
1 34761.
33681.
1 34676.
1
34248.
1 35136.
34094.
1 35101.
33956.
1 35136.
34052.
1 35607.
33799.
1 36229.
33794.
1 36602.
33901.
1 37039.
34034.
1 37182.
34125.
1 37227.
35129.
1 36822.
35666.
1 36713.
35936.
1 364 05.

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

1
1
1
MONETARY
BASE
1
1
1
1
1
80.3
1
81.0
I
81.4
1
81.8
1
82.4
1
82.9
1
83.7
1
84.1
I
84.8
1
84.8
1
85.1
1
85.5
1
1
86.3
1
86.8
1
67.5
1
88.0
1
88.4
1
89.0
1
89.6
1
90.3
1
SO.7
1
91.6
1
90.3
1
90.2
1
1
90.8
1
91.2
1
92.0
1
92.6
1
93.1
1
93.8
1
95.0
1
96.0
1
96.7
1
97.7
1
98.1
1
98.6
1
1
99.5
1
100.0
1
100.6
t
101.7
1
102.8
1
103.6
1
104.3
1
105. 1
1
105.7
1
105.9
1
106.5
1
106.8
1

BILLIONS OF DOLLARS

326.1
331.7
335.8
338.4
341.9
344.1
347.3
349.5
351.6
353.5
355.8
361.1

|
| TIME AND
| SAVINGS f
|
1
| 183.0
!
| 187.3
l
| 191.7
I
|
| 193.2
|
| 195.2
| 197.5
|
| 199.3
|
| 200.2
l
| 202.3
l
| 205.5
j
l
| 208. 1
| 211.4
I

363.9
367.1
371.2
373.1
377.0
379.5
383.5
387.5
390.4
395.1
399.2
402.8

|
J
|
I
|
|
|
J
l
|
|
l

213.6
216.3
217.5
219.3
222.0
224.7
227.3
230.6
233.4
235.7
239.6
242.4

405.7
410.7
417.2
419.7
423.5
426.7
429.9
436.5
438.4
440.8
440.5
443.4

l
|
|
|
|
I
I
|
I
l
I
|

244.1
249.0
255.4
260.0
263.2
265.1
268.5
276.0
278.4
278.5
278.9
280.4

448.2
449.8
451.6
459.5
465.9
470.2
474.1
478.1
480.8
481.3
483.3
487.2

|
|
l
|
|
|
|
|
|
|
I
1

283.1
286.3
287.8
295.3
301.5
305.8
310.1
315.0
317.2
318.6
319.9
323.3

TOTAL

|
|
I
|
l
|
|
I
]

l
l
|
|
|
l
|
|
1
l
|
|
l
\

|
|
|
l
l
|
|
|
l
\

|
|
1

PRIVATE DEMAND DEPOSITS

|

137.4
138-6
139.8
140.1
141.7
142.2
142.3
142.8
142.9
142.9
143.6
143.8

1
net
|
| INTERBANK|
J
1
11.2
|
11.7
|
12. 1
|
12.0
l
12.2
J
l
12.1
|
12.3
12.3
i
12.4
I
12.8
l
12-9
|
12.3
|

126.2
126.9
127.7
128.1
129.6
130.1
130.1
130.4
130.5
130.2
130.7
131.6

|
|
1
|
|
|
|
|
i
|
|
|
|

144.3
145.6
147.6
147.5
148.4
149.0
150.3
151.3
152.0
153.0
153.0
154.4

12.0
12.7
11.6
10.5
10.8
10.9
10. 9
11.0
10.9
11.0
9.8
9.7

|
|
|
|
1
|
|
|
J
|
|
l

155.1
154.8
153.9
153.3
154.8
155.9
156.2
156.3
155.8
156.7
157.4
158.2

9.1
9.2
9.0
9.2
9.6
9.5
9-6
9.7
9.7
9.7
10. 1
10.2

158.7
158.S
159.2
159.8
159.5
159.9
159.7
159.2
159.5
159.5
160.3
160.6

10.6
10.4
10.7
11.5
11.5
12. 1
11.8
11.0
11. 1
1 1.4
11.2
12.2

TOTAL

OTHER

U.S.
GOVT
DEMAND

J

5.8
5.7
4.2
5.1
4.9
4.5
5.6
6.5
6.4
5.1
4.2
5.8

132.4
132.9
136.0
136.9
137.6
138.1
139.4
140.2
141.1
142.1
143.2
144.7

|
|
J
|
|
|
|
i
}
|
l
|

5.9
5.2
6.1
6.3
6.6
5.8
6.0
5.6
5.0
6.4
6.7
6.1

1
|
I
|
|
1
I
|
|
|
I
|

146.0
145.6
144.9
144.1
145.3
146.4
146.6
146.6
146.2
147.1
147.3
147.9

|
|
|
|
|
J
|
|
|
|
|
|

6.5
7.0
7.9
6.4
5.4
5.8
5.1
4.2
4.2
5.5
4.2
4.8

|
|
|
l
l
|
I
|
l
|
|
|

148.1
148.5
148.5
148.3
147.9
147.8
147.9
148.2
148.4
148.1
149.1
148.4

f
l
I
|
|
l
!
|
|
|
|
|

6.3
4.6
4.6
4.4
5.0
4.5
4.2
3.9
4. 1
3.2
3.0
3.3

\

TABLE 1
MEMBER BANK DEPOSITS AND FESERVES
SEASONALLY ADJUSTED
M E M BE R

B A N K .R E S E R V E S

M IL L IO N S

OF

D E P O S IT S

S U B JE C T

D O LLAR S

B ILL IO N S
M O NETARY
BASE

TOTAL

NONBORRONED

R E Q U IR E D

35999.
35486.
35006.
34930.
34668.
34703.
34537.
34544.
34537.
34534.
34584.
34536.

36251.
35440.
34912.
34883.
34579.
34728.
34651.
34560.
34743.
34517.
34361.
34400.

TO

RESERVE
OF

P R IV A T E
T I M E AND
S A V IN G S

TOTAL

1976

1977

1978

J A N . }
FEB.|
MAR...1
APR... |
MAY... |
JON...|
JUL.. . |
AUG...|
SEP...|
OCT...1
NCV...1
DEC__ \
1
J A N . ..|
FEB.. . |
MAR...|
APR.. . |
MAY. ..|
JU N . ..f
JGL...|
AUG.. . |
SEP__ |
OCT. .. |
NCV.. . |
EEC... |
1
JAN. .. |
FEB...|
MAR.. . |
A P R . ..I
MAY.. . |
J U N . ..|
JUL...|
AUG...1
SEP... |
OCT . . . |
NCV . . . {
EEC...1
1
JAN... t
FEB.. . |
MAR... |
APR.-. |
MAY. .. |
JUN...1
JUL. ..1
AUG.. . t
SEP... |
OCT... |
NOV... 1
EEC... |

36398.
35634..
35112.
35040.
34734.
34930.
34838.
34755.
34934.
34724.
34644.
34666.
34310.
34259.
34168.
34048.
34230.
34199.
34279.
34367.
34227.
34388.
34771.
34899.
34644.
34468.
34540.
34799.
34906.
34831.
35258.
35511.
35525.
35704.
35889.
36002.
36638.
36942.
36714.
36989.
37429.
37754.
38089.
37957.
38170.
38238.
39699.
41160.




1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
t
1
1
1
1
1
1
i
1
!
1
t
1
1
1
1
1
1
1
1
1
1
1
1
1

34232.
34178.
34114.
34003.
34116.
34072.
34147.
34267.
34165.
34293.
34698.
34846.
34576.
3439 6.
34436.
34726.
34700.
34568.
34935.
34450.
34899.
34398.
35028.
35433.
36154.
36536.
36386.
36433.
36218.
36660.
36772.
36817.
37110.
36961.
3899 640292.

!
I
I
I
I
I
I
I
I
I
I
I
]
I
I
I
I
I
I
I
I
I
I
I
J
I
I
I
I
I
I
I
I
I
I
1
1
i
1
1
1
1
1
i
1
1
1
1
1
1

34070.
34041.
33945.
33893.
34021.
33985.
34045.
34160.
34026.
34168.
34513.
34625.
34378.
34270.
34325.
34607.
34698.
34683.
34984.
35311.
35316.
35494.
35638.
35812.
36371.
36700.
36515.
36841.
37210.
37576.
37892.
37789.
37978.
38076.
39477.
40928.

I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
l
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

107.0
106.6
106.8
106.7
10 7.1
108.3
108.6
109.2
109.5
109.9
110.5
111.0
111.1
111.8
112.5
113.1
114.1
114.5
115.0
115.7
116.1
117.0
117.7
118.4
118.7
119.2
119.8
120.8
121.5
122.0
123.4
124.2
124.9
125.9
126.9
127. 6
129.2
130.2
130.7
131.5
132.8
133.9
134.9
135.4
136.6
137.6
139.9
142.2

I
I
I
!
I
I
I
I
I
I
I
I
i
I
I
I
I
I
!
I
l
I
I
I
l
i
I
I
I
l
I
I
I
i
I
I
l
l
{
I
I
I
I
I
I
I
I
I
I
«
I

489.9
490.4
492.8
492.8
494.1
497.4
497.1
498.1
500.3
501.3
505.1
504.9
505.1
507.5
507.6
509.3
509.3
512.8
514.1
515.4
516.4
519.8
523.6
528.3
531.1
531.6
535.0
538.6
539.7
544.5
548.0
552.9
554.2
558.8
562.5
567.6
574.0
576.0
580.7
586.2
593.5
596.9
601-2
604.3
607.9
608.9
614.8
616.1

I
I
I
I
I
I
I
I
l
I
I
I
!
I
I
l
I
I
I
I
I
l
I
I
I
I
I
I
I
l
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

326.8
327.2
327.6
328.4
328.5
329.6
330.2
330.8
332.6
335.0
336.7
337.5
336.9
337.5
338.0
339.5
338.9
342. 1
344. 1
343.7
345.1
34 7.3
349.7
353.6
355.6
357.7
359.6
361.5
364.0
367.5
370.2
373.2
374.9
378.3
382.3
385.6
388.3
392.4
396.9
400.8
406. 1
408.6
411.9
414.9
418.7
419. 4
426.0
428.8

I
I
I
I
I
I
1
1
I
1
1
1
l
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
l
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

160.1
160.9
162.5
161.5
162.9
165.1
164.2
164.6
165.0
163.5
165.4
164.6
165.3
166.7
166.8
167.1
167.8
167.7
167.2
168.2
168.0
169.4
170.4
171.7
172.5
170.9
172.3
173.3
173.1
174.0
174.9
176.5
176.1
177.5
177.3
178.5
182.3
180.4
180.3
182.1
184.3
184.8
185.7
186.3
185.3
186.2
186.5
185.1

D O LLA R S
DEM AND

D E P O S IT S

U.S.
GOVT

NET
IN T E R B A N K

TOTAL

1975

R E Q U IR E M E N T S

I
I
I
I
I
I
I
t
I
I
I
I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i
1
1
1
1
1
1
1
t
I
1
1
1
1

11.8
12.2
12.3
12.0
11.7
11.8
11.4
11.6
11.8
11.9
11.9
11.8
11.7
12.2
12.4
11.8
11.9
12.1
11.9
12.1
12.7
12.3
13.1
13.0

DEM AND

O THER

1
1
1
1
1
1
!
1
1
1
1
1
1
1
1
J
1
1
!
1
1
1
\

!
1
1
1
1

148.4
148.7
150.2
149.5
151.2
153.4
152.8
153.1
153.2
151.6
153.5
152.8
153.6
154.5
154.4
155.2
155.9
155.6
155.3
156.1
155.3
157.0
157.3
158.7

13.7
11.3
11.8
11.8
11.9
12. 1
12.0
12.8
12.0
12.4
11.6
12.1

1
1
1
1
I
1
I
1
J
1
i
1
i
i

158.8
159.6
160.5
161.5
161.2
161.9
162.9
163.6
164.0
165.1
165.7
166.4

12.3
12.5
12.7
13.0
13.3
13. 1
13.1
13. 1
11.3
12.0
13.0
12.2

1
1
1
1

170.0
167.8
167.7
169.1
171.1
171.6
172.6
173.2
174.0
174.2
173.5
172.9

\

1
1
1
1
1
1
1

1
1
l
\

1
1
\

i
i
t
i
i
i
1
i
i
i
!
1
1
1
1
\

1
1
1
1
1
1
1
1
l
1
1
1
\

1
1
1
1
I
i
1
1
1
l
1
1
1
1
1
1
1
1

2.9
2.3
2.7
2.8
2.7
2.7
2.7
2.7
2.7
2.8
3.0
2.8
2.9
3.3
2.8
2.7
2.6
3.0
2.8
3.5
3.2
3.1
3.4
3.0
3.0
3.1
3.1
3.7
2.6
3.0
2.9
3.1
3.2
3.0
2.9
3.5
3.3
3.2
3.4
3.3
3. 1
3.5
3.6
3. 1
3.9
3.3
2.3
2.2

TABLE 1
MEMBER BARK DEPOSITS AND RESERVES
SEASOHALLT ADJUSTED
M EM BER

B AN K

M ILLIO N S

D E P O S IT S

RESERVES

OF

S U B JE C T

B ILL IO N S

D O LLAR S
MO NETARY
BASE

NONBORROW ED

TOTAL

TO

RESERVE
OF

P R IV A T E

B E Q U IR E D

T I M E AN D
S A V IN G S

TOTAL

1980

J A N . |
F E B .. . (
MAR... |
APR... |
HAY...|
JUN...1
JUL...|
AUG...|
SEP. .. |
CCT.*.. |
NOV...|
EEC. .. 1

41359.
40872.
40750.
40698.
40666.
40531.
40782.
41110.
41429.
42199.
4305743567.

1
1
J
1
1
1
1
1
1
1
1
1

40356.
39899.
39760.
39781.
38901.
39113.
39612.
40025*
40089.
40177.
41151.
42095-

I
I
I
I
I
I
I
I
I
I
I
I

41145.
40663.
40592.
40522.
40525.
40310.
40572.
40888.
41238.
41927.
42812.
43126.

I
I
I
I
I
I
I
I
J
I
l
I

143.2
143.4
143.9
144.6
145.1
145.9
147.1
148.6
150.0
151.5
152.8
153.8

I
I
I
I
l
I
I
I
I
I
I
I

619.0
617.5
615.4
618.7
616.0
614.7
619.3
625.4
631.5
638.2
641.9
644.4

JAN... |
FEB... |
MAR... |
APR. .. |
MAY... |
JUN__ ]

45179.
43177.
43114.
44888.
43975.
43495.

1
1
1
1
1
1

43938.
41522.
40291.
42433.
42957.
43115.

I
I
I
I
I
I

44928.
42966.
42910.
44683.
43785.
43272.

I
l
I
I
I
I

155.9
154.0
154.9
157.5
157.8
158.6

1
1
1
1

652.1
643.9
648.0
657.7
651.5
656.9




1

I
I
I
l
I

431.2
432.9
432.3
431.8
429.8
427.6
430.6
436.3
441.7
446.6
450.1
451. 1

1
1
1
1
1
1
1
1
1
1
!
1

185.8
182.7
181.2
185.0
184.2
185.0
186.9
187.0
188.1
189.8
189.9
191.5

I
I
I
I
I
I

454. 6
455. 8
460.6
464.7
467.7
467.4

1
1
!
1
I
1

195.4
186.2
185.5
190.4
182.1
187.2

I
I
I
l
l
\
i

D O LLA R S
DEM AN D

D E P O S IT S

NET
IN T E R B A N K

TOTAL

1979

R E Q U IR E M E N T S

►

U .S .
GOVT
DEM AN D

O TH ER

12.2
10. 1
11.4
11.9
11.7
11.2
12.4
12.2
13.3
15.1
14.7
15.4

I
1
1
1
1
1
1
1
1
1
I
1

173.6
172.6
169.8
173.2
172.5
173.7
174.5
174.8
174.7
174.7
175.3
176.1

|
|
|
f
|
1
|
|
J
|
|
|

2.0
1.9
1.8
1.9
1.9
2.1
1.8
2.1
1.7
1.7
1.9
1.8

14.5
14.3
15. 2
16.8
16.2
16.6

1
1
1
1
l
1

180.9
171.9
170.4
173.6
165.9
170-6

|
|
|
(
|
|

2.1
1.8
1.9
2.6
1.7
2.3

TABLE 2
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED
I
I
I
I
I
I
I
l
1959

1960

1961

1962

J A N . ..|
FEB...|
MAR. .. |
APR...|
MAY... |
JON...1
JOL...|
AOG.|
SEP... |
CCT . ..|
NOV.|
DEC. .. |
1
JAN. .. |
FEB... |
MAR... |
APR. .. |
MAY. .. |
JON... |
JOL... |
AOG. .. |
SEP. .. 1
CCT... |
NOV... |
EEC... |
1
JAN... |
FEB. .. \
MAR. .. |
APR... |
MAY... |
JON . .. |
JOL . ..{
AOG. .. |
SEP-- |
CCT...|
NCV...|
DEC...1
1
JAN. .. |
FEB. .. |
MAR... I
APR... I
MAY... I
JON... |
JOL. .. |
AOG... |
SEP...|
OCT...|
NCV... |
EEC. ..|

MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

TOTAL

NONBORROWED

REQUIRED

TOTAL

l
TIME AND
SAVINGS I
l

PRIVATE DEMAND DEPOSITS

\

|
NET
|
| INTERBANKl

OTHER

|
1

TOTAL

U.S.
GOVT
DEMAND

18889.
18570.
18431.
18678.
18552.
18454.
18683.
18591.
18622.
18607.
18621.
18956.

18338.
18065.
17832.
17986.
17811.
17525.
17721.
17601.
17696.
17700.
17763.
18015.

18392.
18117.
17971.
18246.
18131.
18048.
18267.
18144.
18180.
18166.
18177.
18450.

48.2
47.6
47.6
47.9
48.0
48. 1
48.5
48.5
48.4
48.4
48.6
49.3

159.1
157.3
156.3
158.6
158.1
157.7
159.1
158.3
158.6
158.5
158.3
160.1

53.5
53.6
53.9
54.3
54.6
54.8
54.8
54.6
54.5
54.4
53.8
53.7

|
|
I
|
|
|
|
|
1
|
|
|

102.7
99.8
99.1
100.2
98.8
99.3
99.9
99.1
99.5
99.8
100.3
102.0

|
|
|
|
|
|
|
|
|
|
|
|

6.9
6.5
6.5
6.6
6.3
6.3
6.5
6.4
6.5
6.6
6.6
6.7

95.8
93.3
92.6
93.6
92.5
93.0
93.3
92.7
92.9
93.1
93.7
95.3

|
J
|
|
|
I
|
|
|
|
|

2.8
3.3
3.3
4.2
4.7
3.6
4.4
4.5
4.6
4.3
4.2
4.4

18847.
18213.
18032.
18124.
18215.
18307.
18513.
18500.
18560.
18762.
18984.
19262.

17960.
17403.
17391.
17518.
17719.
17873.
18135.
18204.
18345.
18595.
18851.
19188.

18333.
17759.
17609.
17698.
17770.
17828.
18013.
17957.
17933.
18099.
18242.
18518.

48.5
47.6
4 7.5
47.7
47.7
48.0
48.4
48.3
48.4
48.6
49.1
49.7

159.5
155.8
155.0
156.0
156.7
157.4
159.1
159.4
160.6
162.0
163.0
164.4

53.7
53.6
53.8
54.2
54.5
54.9
55.5
56.2
56.9
57.5
57.6
58. 1

|
|
|
1
1
|
1
1
|
|
|
|

102.3
98.6
97.4
98.5
96.4
96.8
97.5
97.7
98.9
99.5
100.2
102.2

|
|
1
|
|
|
|
|
|
|
|
|

6.9
6.3
6.2
6.3
6. 1
6.3
6.6
6.6
6.7
7.0
7. 1
7.1

95.3
92.3
91.3
92.2
90.3
90.5
90.9
91.1
92.1
92.5
93.1
95.2

1
1
|
|
J
|
|
|
|
|
|
|

3.6
3.7
3.8
3.3
5.8
5.7
6.0
5.5
4.8
5.1
5.2
4.1

19337.
18961.
18811.
18884.
18858.
19021.
19102.
19195.
19361.
19687.
19808.
20131.

19272.
18828.
18741.
18827.
18763.
18958.
19048.
19130.
19323.
19617.
19710.
19998.

18565.
18312.
18265.
18268.
18302.
18430.
18486.
18616.
18781.
19155.
19217.
19547.

49.0
48.4
48.3
48.4
48.4
48.8
49.2
49.2
49.5
50.0
50.4
51.2

165.4
164.8
165.0
165.8
166.8
163.1
169.1
170.3
172.0
174.9
175.5
177.7

59.0
60.4
61.4
62.3
63.4
64.1
65.0
65.6
66.2
66.7
66.7
67.0

f
|
|
|
I
|
l
|
|
|
l
|

102.8
100.0
99.4
101.0
99.3
100.0
100.2
99.8
101.2
102.4
103.6
106.3

|
|
|
|
l
|
|
|
|
|
|
|

7.3
6.9
6.9
6.9
6.7
6.8
7.0
6.9
6. 9
7.3
7.5
7.6

95.5
93.2
92.6
94.1
92.6
93.2
93.3
93.0
94.3
95.1
96.1
98.8

|
|
|
|
J
l
|
|
|
|
|
|

3.6
4.3
4.2
2.5
4. 1
4.0
3.8
4.9
4.6
5.7
5.2
4.4

20095.
19571.
19548.
19716.
19829.
19923.
20053.
1988320067.
20198.
19570.
20054.

20009.
19503.
19460.
19644.
19768.
19821.
19962.
19759.
19986.
20136.
19449.
19794.

19473.
19069.
19077.
19224.
19312.
19450.
19519.
19353.
19577.
19721.
19013.
19482.

50.5
49.8
49.9
50.3
50.4
50.8
51.3
51. 1
51.3
51.5
51.2
52.2

178.2
176.6
177.6
179.3
180.7
182.3
183.3
182.6
184.8
187.1
187.5
191.1

68.4
69.9
71.6
72.8
73.7
74.7
75.6
76. 1
76. 8
77.7
78.1
79.2

|
I
|
|
|
l
|
1
|
|
I
|

106.5
102.5
101.4
103.2
100.7
101.1
101.4
100.4
101.6
102.3
104.1
106.9

1
|
|
|
|
|
|
|
|
|
|
|

7.8
7.1
7.0
7. 1
6.4
6.5
6.8
6.6
6.3
7.1
7.3
7.1

98.7
95.4
94.5
96.0
94.3
94.6
94.7
93.8
94.8
95.8
96.8
99.8

|
|
|
|
1
|
J
|
|
|
|
1

3.4
4. 1
4.5
3.3
6.4
6.5
6.3
6. 1
6.4
6.5
5.3
5.0




\

TABLE 2
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED
1
1
1
l_
1
1
1

MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

20042.
19568.
19522.
19607.
19649.
19770.
19988.
19705.
19967.
19989.
20147.
20701.

19896.
19403.
19374.
19477.
19439.
19511.
19690.
19376.
19649.
19669.
19798.
20369.

19537.
19107.
19088.
19151.
19219.
19353.
19533.
19260.
19539.
19592.
19706.
20211.

51.5
50.9
51.1
51.4
51.6
52.1
52.7
52.5
52.9
53.0
53.7
54.8

|
|
|
|
|
|
|
|
|
|
i
|

193.0
190.8
191.6
192.8
194.1
195.7
197.7
196.5
199.0
200.2
201.7
205.5

|
| TIME AND
| SAVINGS I
!
1
|
80.8
|
|
|
82.1
|
83.6
|
!
|
84.6
!
85.6
I
|
86.3
|
|
87.1
|
|
!
88.2
I
89.0
|
]
89.9
|
|
90.6
|
I
91.3
|

20679.
20150.
20242.
20254.
20242.
20545.
20639.
20579.
20925.
21023.
21181.
21596.

20405.
19863.
19964.
20043.
19982.
20277.
20376.
20264.
20580.
20702.
20781.
21332.

20239.
19752.
19856.
19902.
19888.
20170.
20263.
20158.
20494.
20625.
20774.
21190.

54.1
53.4
53.8
53.9
54.2
54.9
55.3
55.4
55.8
56.1
56.7
57.6

I
|
|
|
|
|
|
l
I
|
|
|

207.1
204.7
206.0
207.0
207.6
210.1
211.4
211.2
214.2
215.8
217.5
220.9

|
|
|
|
|
|
|
|
|
l
|
|

93.2
94.5
95.5
96.2
97.4
98.2
99.0
99.8
100.5
101.6
102.1
103.0

)
|
|
|
l
|
I
|
|
|
|
|

110.2
106.0
105.1
107.0
104.1
105.0
106.2
105.7
107.9
109.3
110.2
113.1

21632.
21201.
21263.
21496.
21476.
21720.
21873.
21581.
21759.
21983,
21940.
22693.

21332.
20796.
20852.
21025.
20981.
21183.
21345.
21034.
21205.
21495.
21508.
22250.

21217.
20789.
20898.
21155.
21142.
21358.
21521.
21185.
21349.
21625.
21588.
22270.

57.1
56.4
56.6
57.0
57.1
57.7
58.3
58.1
58.5
59.1
59.6
60.9

I
|
|
1
|
|
|
|
|
I
|
|

223.0
221.7
223.4
225.9
227.1
229.3
231.3
230.3
232.3
235.3
236.1
240.8

|
|
1
|
|
|
|
|
|
|
|
|

105.7
107.8
109.3
110.4
111.7
112.7
114.1
115.7
116.7
118.4
119.1
119.8

|
|
|
|
|
|
|
l
I
|
|
|

113.6
108.7
108.2
110.4
106.5
108.2
109.0
108.0
110.7
112.4
113.5
117.1

22777.
22205.
22186.
22529.
2246222562.
2306222678.
23222.
23373.
23226.
23785.

22357.
21723.
21625.
21892.
21774.
21855.
22321.
21943.
22453.
22639.
22618.
23252.

22398.
21858.
21844.
22174.
22121.
22206.
22684.
22310.
22851.
23041.
22841.
23446.

60.5
59.7
59.8
60.4
60.6
61.0
62.0
61.7
62.2
62.6
62.9
64.1

|
|
|
|
|
|
l
|
|
|
1
1

243.1
240.3
241.0
244.5
245.3
246.1
248.7
245.4
246.7
246.7
245.3
249.2

|
l
|
|
l
|
|
|
i
|
|
l

121.4
122.4
123.7
125.4
126.8
127.0
128.4
129.2
129.0
128.4
127.2
127.9

|
|
I
|
I
I
|
l
|
|
|
1

118.4
113.4
113.4
116.5
112.0
113.6
113.2
111.6
113.9
114.1
114.8
118.2

TOTAL

NONBORROHSD

|

REQUIRED

TOTAL

i

____
1
1963
JAN...|
FE B . .. |
MAR. .. 1
APR... |
MAT. .. |
JON. .. |
J O L . .. |
A06...|
SEP. ..1
CCT . ..i
NCV.|
DEC... |
1
1964
JAN...!
F E B . ..|
MAR...|
APR...|
MAY... |
JON...|
JOL...|
AUG...1
SEP.. . |
OCT...|
NCV. .. |
EEC... |
1
1965
JAN.... |
FEB . ..I
MAR.-. |
APR... |
MAY... |
JON. .. |
J O L . ..|
AOG... I
SEP...I
OCT...i
NCV...|
EEC... |
I
1966
JAN...!
FEB...|
MAR.. . |
APR... |
MAY... |
JON...|
JOL...|
AOG...|
SEP...1
OCT...1
NCV.. . |
EEC.. . |




PRIVATE DEMAND DEPOSITS

|

t
NET
|
| INTERBANK!
1
J
7.6
I
6.9
I
6.8
I
6.8
I
6.6
I
6.7
1
6. 9
1
6.7
1
6.9
1
7.2
1
7.3
1
7.4
1
7.4
1
6.8
1
6.8
1
7.0
1
6.6
1
6.6
1
7.0
1
6.8
1
7.1
1
7.3
1
7.5
1
7.4
I
1
7.5
1
7-0
1
6.8
1
7.0
1
6.5
1
6.8
1
7.1
1
6.9
1
7.4
1
7.6
1
7.8
1
7.8
1
1
8.1
I
7.4
1
7.6
1
7.7
1
7.3
1
7.5
1
8.0
1
7.3
1
7.6
1
7.7
1
7.9
1
7.9
1

100.3
96.8
96.0
97.7
95.6
96.0
96.7
96.0
97.3
98.4
100.0
102.2

|
|
1
|
|
|
|
|
|
|
|
|
|
|
1

102.8
99.2
98.3
100.0
97.5
98.3
99.2
98.8
100.8
102.0
102.7
105.7

|
|
|
|
|
|
!
|
|
|
|
l

3.6
4.2
5.4
3-7
6.2
6.9
6.2
5.7
5.8
5.0
5.2
4.8

106.0
101.7
101.4
103.4
100.0
101.4
101.9
101.1
103.3
104.8
105.7
109.3

|
|
|
f
|
|
|
1
|
|
|
|

3.8
5.2
5.9
5.0
8.9
8.3
8.2
6.6
4.9
4.5
3.5
4.0

110.4
105.9
105.9
108.8
104.7
106.1
105.2
104.3
106.2
106.4
106.9
110.3

|
|
|
|
|
|
|
|
|
|
|
J

3.3
4.5
3.9
2.7
6.5
5.5
7.2
4.5
3.8
4.3
3.2
3.0

TOTAL
107.9
103.7
102.7
104.5
102.2
102.7
103.7
102.7
104.2
105.6
107.3
109.6

OTHER

U.S.
GOVT
DEMAND
4.2
5.1
5.3
3.7
6.4
6.6
6.9
5.5
5.8
4.7
3.8
4.5

TABLE 2
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED

1967

1968

1969

I
I
I
l
I
I
I
I
I
JAN...|
FEB...|
MAR...|
APR.. . |
MAY.-. |
JUN... |
JUL... |
AUG... |
SEP...j
CCT... |
NCV.• • |
EEC...|
l
JAN...I
FEB.-.|
NAR.«.|
APR...|
MAY... |
JUN...|
JUL...]
AUG...1
SEP... J
CCT...|
NCV... |
EEC...I
1
JAN...1
FEB.. . |
MAR...t
APR...1
MAY... |
JUN. .. |
JOl__ i
AUG...|
SEP...1
CCT...j
NCV...|
DEC... |

MEMBER BANK RESERVES

BILLIONS OF DOLLARS
MONETARY
BASE

24101.
23720.
23375.
23411.
23272.
23456.
23972.
23764.
24181.
24666.
24689.
25291.

23692.
23357.
23175.
23265.
23183.
23351.
23857.
23683.
24093.
24537.
24558.
25064.

23698.
23351.
22961.
23061.
22908.
23104.
23554.
23398.
23839.
24330.
24331.
24916.

63.8
63.2
63.0
63.2
63.3
63.9
64.8
64.6
65.2
65.8
66.3
67.8

|
J
|
|
|
|
|
I
|
|
|
i

253.2
252.4
255.3
258.5
258.7
261.2
265.6
266.0
269.8
273.7
274.5
278.5

|
| TIME AND
| SAVINGS I
|
1
l 131.1
1
| 134.0
|
| 136.3
l
| 137.9
|
| 139.4
l
I
| 141.3
| 143.1
|
1
| 145.2
t
| 146.0
|
| 146.9
|
J 147.6
1 148.1
|

25835.
25598.
25563.
25623.
25440.
25684.
26049.
26019.
26054.
26638.
26769.
27192.

25589.
25225.
24904.
24938.
24699.
24990.
25521.
25454.
25550.
26195.
26224.
26446.

25448.
25211.
25226.
25287.
25080.
253 56.
25698.
25690.
25692.
26392.
26461.
26766.

67.6
67.1
67.5
67.9
68.0
68.8
69.6
69.8
70.0
70.7
71.7
72.9

|
|
|
l
|
|
l
l
|
|
|
i

280.8
278.7
279.5
280.2
279.1
281.1
284.4
286.6
290.2
294.5
296.2
303.2

|
|
|
|
|
I
|
|
|
|
|
|

149.4
150.9
152.2
152.0
152.3
152.2
154.0
157.1
158.6
161.0
162.3
163.8

|
|
l
I
|
l
1
|
I
|
|
|

127.0
121.4
121.5
124.4
121.2
124.1
125.4
124.6
126.4
128.1
130.2
135.3

9.0
8.4
8.3
8.4
8.1
8.6
9.2
8.8
9. 1
9.3
9.5
9.6

117.9
112.9
113.2
116.0
113.1
115.4
116.3
115.8
117.4
118.8
120.7
125.7

|
J
J
|
|
1
|
|
1
|
|
|

4.4
6.4
5.8
3.7
5.6
4.8
5.0
4.8
5.1
5.4
3.6
4. 1

28075.
27314.
26753.
2708827856.
27273.
27081.
27008.
27002.
27353.
27744.
28053.

27339.
26479.
25851.
26085.
26482.
25888.
25829.
25789.
25922.
26203.
26541.
26934.

27828.
27061.
26534.
26922.
27601•
26969.
26856.
26771.
26728.
27190.
27515.
27767.

72.9
72-0
71.7
72.2
73.3
73.3
73.6
73.7
73.7
74.3
75.5
76.5

|
|
|
|
|
|
|
|
|
I
|
|

303.1
297.9
295.5
298.3
296.6
294.4
291.1
285.9
287.0
286.2
287.4
291.2

I
|
|
l
|
|
1
|
l
|
|
J

162.7
161.8
161.6
160.9
160.1
158.6
155.3
153.1
151.8
151.1
150.0
149.7

I
|
1
J
|
|
J
|
I
|
|

136.2
130.3
129.9
132-8
128.6
130.9
131.1
129.2
130.8
131.7
133.1
136.9

9-5
9.2
9.0
9.0
9.1
9.6
9.8
10. 1
10.4
10.5
11.1
11.2

126.7
121.0
120.9
123.7
119.5
121.2
121.3
119.1
120.3
121.2
121.9
125.7

J
|
|
|
|
!
l
|
l
|
|
|

4.2
5.9
3.9
4.5
7.9
5.0
4.7
3.5
4.4
3.5
4.3
4.6

28854.
27910.
27517.
28123.
27876.
27563.
28145.
28372.
28790.
28647.
28667.
29246.

27894.
26830.
26619.
27277.
26909.
26682.
26785.
27534.
28190.
28185.
28252.
28914.

28680.
27702.
27355.
27971.
27719.
27373.
27979.
28198.
28546.
28442.
28433.
28998.

76.4
75.2
75.2
76.2
76.6
76.7
77.9
78.1
78.5
78.6
79.4
80.8

l
|
|
|
|
|
|
|
1
|
|
|

291.2
285.1
288.0
293.7
290.8
292.7
299.4
303.9
309.3
313.3
315.4
325.2

I
|
|
|
|
l
I
J
|
|
|
|

148.9
148.8
151.0
153.8
154.9
155.7
160.9
166.0
169.8
173.2
174.9
178.1

|
|
|
|
|
|
|
|

138.4
130.2
131.2
135.4
130.5
131.5
132.7
132.C
133.7
135.1
136.0
141.1

10.8
10.5
10. 1
10.7
9.7
9.2
10.4
10.0
9.8
10.6
10.7
11. 1

127.5
119.7
121.1
124.8
120.9
122.3
122.3
121.9
123.9
124.5
125.4
130.0

I
|
|
1
|
l
|
|
J
|
l
l

3.9
6. 1
5.3
4.5
5.4
5.4
5.8
5. 9
5.8
5.1
4.6
6.0

TOTAL

NONBORROWED

REQUIRED

\

JAN... |
FEB... 1
MAR. .. |
APR-.. |
MAY. .. J
JUN. .. |
JUL...|
AUG...|
SEP...1
OCT...|
NCV.. . J
EEC. ..1

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS




|

TOTAL

\

\

1
|
1

PRIVATE DEMAND DEPOSITS

|

118.4
113.9
114.7
116.4
113.4
116.5
117.5
117.1
119.4
121.1
122.3
125.9

|
NET
1
| INTERBANK|
1
1
8.1
7.6
7.4
7.9
7.2
7.9
8.0
7.9
8.3
8.6
8.7
8.7

110.3
106.3
107.3
108.5
106.2
108.6
109.4
109.2
111.1
112.5
113.6
117.2

|
|
1
|
|
|
|
|
|
|
|
|
|
|
|

TOTAL

OTHER

U.S.
GOVT
DEMAND
3.7
4.5
4.3
4.3
5.8
3.4
5.1
3.7
4.4
5.7
4.6
4.5

TABLE 2
MEMBER BANK DEPOSITS AMD BESEBYES
MOT SSASOMALLT ADJUSTED
M EM BER

1971

1972

1973

1974

I
l_
1
i
1
1
1
JAN...|
FEB . ..|
MAR... |
APR...|
MAT.. . |
JON...|
JOL...|
AOG...I
SEP...|
OCT... I
NCY...1
DEC... |
1
JAN...1
FEB-..J
MAR... 1
APR.-. |
MAT... |
JON...1
JOL... |
AUG... 1
SEP...|
OCT... |
NCV. .. |
DEC... |
1
JAN. ... |
FEB...|
MAR... |
APR... |
MAT. .. 1
JON-- J
JOL...|
AOG... I
SEP... |
OCT... |
NCV...|
EEC.. . |
1
JAN... |
FEB...|
•MI'S. • •1
APR...|
MAT... |
JON__ |
JOL...1
AOG.. . |
SEP...|
OCT. .. |
NCV-- 1
EEC.|

BANK

BESEBYES

D E P O S IT S

S U B JEC T

TOTAL

30439.
29900.
29680.
29910.
30327.
30094.
30566.
30452.
30783.
30812.
30927.
31345.
32890.
31943.
31880.
32580.
32843.
32541.
33064.
33079.
33050.
33764.
31812.
31415.
32859.
31734.
31891.
32349.
32413.
32187.
33483.
33712.
34006.
34942.
34767.
35108.
36581.
35235.
3*925.
35953.
36485.
36457.
37323.
37041.
37067.
36874.
36776.
36861.




I
HONI
1 BOBROMED
1
1
1 30074.
1 29568.
1 29362.
1 29756.
1 30043.
1 29601.
1 29742.
1 29643.
1 30288.
1 30455.
1 30543.
1 31219.
i
1 32869.
1 31911.
1 31782.
1 32463.
1 32732.
1 32441.
1 32826.
1 32691.
1 32508.
1 33209.
1 31204.
1 30365.
fl
1
1 31699.
1 30140.
1 30067.
1 30638.
1 30571.
1 30336.
I 31531.
1 31548.
1 32154.
1 33466.
1 33375.
1 33810.
1
1 35530.
J 34044.
1 33511.
1 34217.
I 33895.
1 33451.
1 34022.
1 33705.
1 33785.
1 35061.
1 35524.
1 36134.

1
1 HOMETART
BASE
1
1
REQUIRED 1
1
1
30205.
81.2
I
29645.
80.6
1
29485.
80.7
1
29742.
81.5
1
82.4
30107.
1
29892.
82.7
1
30381.
84. 1
1
30256.
84.0
1
30594.
84.3
1
30650.
84.6
1
30690.
85.3
1
31163.
86.6
I
i
32684.
87.2
1
31791.
86.2
1
31690.
86.7
1
32424.
87.8
1
32704.
88.5
1
32338.
88.8
1
32871.
90.0
1
90.1
32891.
1
32838.
SO.2
1
91.4
33553.
1
31458.
90.4
1
91.3
31131.
1
1
1
91.7
32601.
1
31536.
90.4
I
31681.
91.2
1
32126.
92.5
1
32275.
93.1
1
31970.
93.7
\
33200.
95.5
\
95.8
33540.
1
33775.
96.2
1
97.4
34689.
I
34543.
98.3
1
34804.
99.9
1
1
36419.
1 100.4
35051.
99.2
1
3*7*91 • 1
99.7
35771.
I 101.6
36325.
I 102.8
36259.
I 103.5
37161.
I 105.0
36852.
I 105.0
36886.
1 105.2
36754.
1 105.6
36571.
1 106.9
36603.
1 108.3

TO

B ILL IO N S

MILLIONS OF DOLLABS

TOTAL

1
J T I M E AMD
S A Y IN G S
|
1
1

330.7
330.9
334.6
339.8
340.9
343.1
346.7
347.1
350.9
353.0
354.4
364.6
368.6
365.7
370.2
375.3
377.0
378.6
383.2
384.5
389.6
394.1
396.4
406.8
410.4
409.0
416.3
422.3
423.0
426.3
429.9
433.7
437.7
439.7
438.2
447.5
453.0
447.1
•4S0.4
462.5
464.7
470.0
474.3
475.1
479.7
480.5
481.2
491.8

I
I
I
I
I
I
I
I
I
I
I
t
I
I
I
I
I
I
1
1
1
1
1
1

1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i

1
1
1
1
1
1
l
1
1

182.8
187.1
192.3
193.6
195.8
197.8
198.9
200.8
202.7
205.9
206.8
209.7
213.4
215.9
218.1
219.8
223.1
225.2
227.1
231.3
233. 8
236.2
237.6
240.7
243.8
248.5
256.2
260.5
264.5
265.9
268.5
276.6
279.0
278.8
276.6
278.5
283.1
285.7
2€€.<6
296.2
303.0
306.4
310.1
315.3
317.2
318.6
317.4
321.7

1
1
1
1
1

I
I
I
I
!
I
I
l
I
I
I
I
t
»

I
I
I

l
I
I
I

l
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
1
I
I
I
I
I
1
1
1
1

RESERVE
OF

P R IV A T E

TOTAL

|
|

D EM AN D

D E P O S IT S

NET
|
IN T E R B A N K 1

1

-

142.2
136.6
137.8
141.5
138.4
140.9
142.1
140.6
141.9
142.7
144.3
149.2

11.8
11.7
11.7
11.9
11.5
11.7
12.7
12.1
12.2
13.1
13.2
12.7

149.2
143.7
145.5
149.C
145.1
147.8
150.1
149.0
150.9
152.5
153.7
160.1

12.6
12.6
11.3
10.4
10.2
10.5
11.3
10.8
10.8
11.2
10. 1
10.0

160.0
152.4
151.6
154.9
151.4
154.8
156.2
154.0
154.7
156.1
158.3
164.0

9.5
9. 1
8.7
9.1
9.1
9.2
9.9
9.4
9.5
9.8
10.4
10.6

163.4
156.3

11.2
10.3
1Q.S
11.5
10.9
11.9
12.1
10.7
10.9
11.5
11.5
12.7

161.5
155.6
158.9
160.0
157.0
158.3
159.1
161.4
166.6

R E Q U IR E M E N T S

D O LLA B S

O THER

1

1
1
1
1
1
!
1
1
1
1
1
1
i
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
I
1
1
J
1
i
1
1
1
\

1
1

130.5
125.1
126.0
129.6
127.0
129.2
129.4
128.5
129.7
129.6
131.1
136.5
136.6
131.1
134.2
138.6
134.9
137.3
138.8
138.1
140.1
141.4
143.6
150.1
150.4
143.3
142.9
145.8
142.4
145.5
146.3
144.5
145.2
146.3
147.9
153.4
152.3
146.0
146.4
150.1
144.7
147.1
147.9
146.2
147.4
147.7
149.9
153.9

1
1
1
1
1

I
1
1
1
1
1
1
1
1
1
1
!
1
I

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

D .S .
GOYT
D EM AN D

5.6
7.0
4.5
4.7
6.7
4.4
5.7
5.8
6.3
4.3
3.2
5.7
6.0
6.1
6.6
6.5
8.8
5.7
6.1
4.3
4-9
5.4
5.1
6.1
6.6
8.1
8.5
6.8
7.0
5.6
5.1
3.1
4.1
4.8
3.2
5.0
6.5
5.1
4.9
4.8
6.1
4.7
4. 1
2.9
4.2
2.7
2.4
3.5

TABLE 2
MEMBER BANK DEPOSITS AND RESERVES
HOT SEASONALLY ADJUSTED

1975

1976

1977

1978

MEMBER BANK RESERVES
I
1
MILLIONS OF DOLLARS
1
1
1
NOH1
TOTAL
BORROHED
REQUIRED
1
1
1
JAN. .. | 37700.
37302.
37553.
FEB.
35527.
35379.
35333.
MAR... | 34712.
34607.
34513.
APR.|
35171.
35061.
35014.
MAY...|
34651.
34585.
34496.
JON...J 34630.
34403.
34429.
JOL... | 34875.
34574.
34687.
AUG- • . | 34460.
34249.
34265.
SEP...| 34637.
34241.
34446.
OCT...|
34634.
34444.
34427.
NOV...J 34576.
34516.
34293.
34990.
EEC...|
34860.
34724.
I
35524.
JAN... | 35602.
35362.
3415134070.
FEB.|
33933.
MAR... | 33757.
33703.
33534.
APR-. . | 34128.
34084.
33973.
MAY. .. | 34057.
33943.
33848.
JON. .. | 33864.
33738.
33651.
J U L . ..| 34311.
34178.
34076.
AOG.|
34051.
33951.
33844.
33831.
33692.
SEP.. . | 33893.
34335.
34241.
CCT.*.|
34116.
NOV...| 34690.
34618.
34433.
34964.
35184.
EEC...| 35237.
1
35996.
35799.
JAN...| 36064.
34234.
FEB.. . I 34432.
34361.
34085.
33870.
33982.
MAR...1
34720.
34602.
AER.. . | 34794.
34460.
34462.
MAY...| 34669.
34294.
34178.
JON...| 34441.
34994.
JOL...| 35317.
35043.
34127.
35187.
34987.
AOG...1
34964.
34548.
SEP...| 35173.
34426.
35732.
35521.
CCT.
35647.
35036.
NOV...| 35897.
35917.
36296.
EEC.••| 36486.
1
38144.
37660.
37877.
JAN-- 1
36607.
36443.
FEB...| 36849.
35927.
35799.
MAR...| 36127.
36413.
36821.
APR...1 36970.
35871.
36864.
37083.
MAY...|
JON.. . | 37303.
36208.
37125.
38246.
38048.
JOL...|
36929.
37404.
36432.
AOG.. . | 37571.
37806.
37613.
36746.
SEP...|
38376.
38215.
37099.
CCT...1
39423.
NOV__ |
39645.
38942.
40810.
41446.
EEC.. . | 41678.




DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
BILLIONS OF DOLLARS
MONETARY
BASE

107.9
105.6
105.7
106.6
106.9
108.2
109.2
109.0
109.0
109.5
111.0
112.7

|
1
1
|
1
1
|
|
|
|
|
|

495.1
487.0
491.6
495.4
491.8
497.5
497.2
494.8
499.1
500.4
503.6
510.9

]
| TIME AND
| SAVINGS I
|
l
|
| 327.2
|
| 326.5
| 328.9
f
|
| 329.1
| 329.8
|
i 330.2
|
|
| 330.2
| 330.5
|
|
| 332.2
| 334.7
|
| 334.3
|
|
| 337.2

112.0
110.7
111.3
113.0
113.7
114.3
115.7
115.6
115.6
116.6
118.3
120.3

|
|
|
|
|
|
1
|
|
|
|
l

511.1
504.2
506.4
511.9
506.0
512.7
513.9
511.3
514.9
518.9
522.4
534.8

l
|
|
|
|
|
|
J
|
|
|
|

337.9
337.5
339.6
340.2
339.9
342.5
343.7
342.7
344.1
346.7
34 7.6
353.6

|
1
1
|
|
|
|
|
|
1
I
|

170.3
163.4
163.9
168.8
163.4
166.7
167.7
165.9
167.2
169.5
171.8
177.9

12.4
12.2
12.1
11.7
11.3
11.9
12.1
11.8
12.7
12.3
13. 6
13.5

157.9
151.2
151.8
157.1
152.1
154.8
155.6
154.1
154.5
157.2
158.3
164.4

|
|
|
|
|
|
|
|
|
|
|
|

2.9
3.4
2.9
2.9
2.8
3.6
2.5
2.7
3.6
2.8
3.0
3.3

119.7
118. 1
118.6
120.6
121. 1
121.7
124.1
124.1
124.5
125.8
127.5
129.8

1
|
|
|
|
|
|
|
l
|
|
|

537.7
528.7
534.0
541.3
535.8
544.5
547.6
548.3
552.1
558.2
562.1
575.3

|
1
|
|
|
|
|
|
|
I
|
|

357.0
358.4
361.7
362.3
364.7
367.8
369.5
371.7
373.0
377.5
380.7
386.4

|
|
|
l
|
|
|
|
|
|
|
|

177.8
167.2
169.1
175.0
168.5
173.0
175.6
174.1
175.2
178.0
178.7
185.1

14.6
11.2
11.5
11.6
11.2
11.9
12.2
12.6
12.0
12.4
12.0
12.5

163.2
156.1
157.6
163.4
157.3
161.1
163.4
161.5
163.2
165.6
166.7
172.6

1
|
|
|
|
|
|
|
|
|
J
|

2.9
3.1
3.2
4.0
2.5
3.7
2.6
2.5
3.8
2.7
2.6
3.8

130.2
128.9
129.2
131.1
132.2
133.5
135.7
135.2
136.2
137.5
140.5
144.6

|
|
|
I
|
|
1
|
I
|
|
|

581.3
572.5
579.4
588.6
588.3
596.8
600.6
599.2
605.9
608.4
615.1
624.0

|
|
I
|
|
|
I
|
I
|
|
i

390.3
393.2
399.3
401.2
406.1
408.6
411.1
412.8
416.6
418.5
425.2
429.6

1
|
|
|
|
|
|
|
l
|
|
|

187.9
176.1
176.6
183.8
179.3
183.7
186.4
183.9
184.7
186.9
188.0
191.9

13. 1
12.3
12.3
12.7
12.5
12.9
13.3
12-9
11.3
12.0
13.4
12.6

174.8
163.8
164.3
171.1
166.8
170.8
173.1
171.0
173.5
174.9
174.5
179.3

|
|
|
|
|
|
|
|
|
|
|
|

3.1
3.1
3.5
3.6
2.9
4.5
3.2
2.5
4.6
3.0
2.0
2.5

|

TOTAL

PRIVATE DEMAND DEPOSITS

|

165.0
158.0
159.8
163.2
159.0
164.2
164.5
162.3
164.0
163.3
166.7
170.7

|
NET
|
| INTERBANK|
I
I
12.5
12.1
12.0
11.9
11.1
11-6
11. 6
11.2
11.7
11.8
12.3
12.3

152.5
145.9
147.8
151.3
147.9
152.6
152.9
151.1
152.3
151.5
154.4
158.4

|
|
1
|
|
|
|
J
|
|
|
J
|
|

2.9
2.4
2.8
3.1
3.0
3.1
2.5
2.0
2.9
2.5
2.6
3.1

TOTAL

OTHER

{

U.S.
GOVT
DEMAND

TABLE 2
MEMBER BANK DEPOSITS AMD RESERVES
HOT SEASONALLY ADJUSTED
MEMBER EANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

1979

JAN...1
FEB...J
MAR . . . \
APR . ..|
MAY . . . i
JON.. . |
JOL...|
AUG...1
SEP... |
CCT...|
NCV...|
EEC...|

43079.
40703.
40217.
40724.
40237.
40104.
40916.
40715.
41054.
42280.
42997.
44020.

42077.
39730.
39226.
39807.
38472.
38686.
39746.
39630.
39713.
40258.
41092.
42547.

42865.
40494.
40059.
40548.
40096.
39883.
40705.
40494.
40862.
42007.
42753.
43578.

144.4
141.9
142.3
144.2
144.4
145.6
147.9
148.4
149.4
151.3
153.5
156.3

(
I
|
|
I
|
|
|
|
I
|
|

627.1
614.3
614.3
621.1
610.9
613.9
619.1
620.4
629.1
637.8
642.2
652.6

1 TIME AND
1 SAVINGS I
|
1
| 433.8
|
J 434.2
|
| 434.9
|
| 432.3
|
| 429.8
|
| 427.2
|
| 429.7
|
1 434.2
|
| 439.5
|
| 445.7
|
I
| 449.2
| 452.0
|

1930

JAN... |
EEB... |
MAR... |
APR . ..|
MAY__ ]
JON.. . |

43441.
43350.
43687.
44854.
44458.
43992.

42200.
41695.
40864.
42398.
43439.
43603.

43191.
43139.
43483.
44649.
44268.
43759.

154.7
155.6
156.7
157.9
158.5
158.9

|
|
|
1
J
|

643.7
647.2
649.1
655.4
656.8
658.0

|
l
|
I
l
I

TOTAL

v




NONBORROWED

REQUIRED

|
|

TOTAL

451.9
454.4
457.9
464.2
467.7
467.9

I
I
i
l
I
!

PRIVATE DEMAND DEPOSITS

|
1
|

191.5
178.2
177.5
186.8
179.2
183.9
187.8
184.5
187.5
190.5
191.3
198.6

l
NET
|
| INTERBANK!
1
13.1
!
9.9
I
11.1
I
11.6
I
11.0
I
11.0
I
12.6
i
12.0
I
13.3
I
15.1
I
15.2
I
16.0
I

189.5
190.9
189.4
188.7
187.3
188.4

I
|
I
I
I
I

TOTAL
1

13.6
14.5
15.6
17.2
17. 1
16.9

U.S.
GOVT
DEMAND

OTHER
!
178.4
168.3
166.4
175.2
168.2
172.9
175.2
172.6
174.2
175.4
176.2
182.6

|
l
|
|
|
|
|
|
|
|
|
|

1.9
1.8
1.9
2.0
1.8
2.8
1.6
1.7
2.1
1.6
1.7
2.0

176.0
176.4
173.9
171.5
170.2
171.5

|
|
|
|
J
|

2.3
1.9
1.8
2.4
1.8
1.7

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
I
I
I

MEMBER BANK RESERVES
MILLIONS OF DOLLARS

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
HAS
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
CCT
CCT
OCT
OCT
NOV
NOV
NCV
NOV
EEC
DEC
DEC
DEC
DEC

I
TOTAL
I
I
I
7... | 18612.
14...I 18585.
21...| 18574.
28...| 18661.
4. . . 1 18644.
18789.
11...I
18...J
18680.
25. . . | 18576.
4...|
18574.
18688.
11__ |
18... | 18575.
25... | 18645.
1. . . J 18605.
8. .. | 18821.
15...f 18749.
22...| 18684.
29...| 18482.
6... | 18534.
13...| 18620.
20...| 18856.
27...| 18504.
3. • . | 18474.
10...| 18512.
17...| 18553.
24...| 18513.
18422.
1...I
8...| 18583.
15... \ 18698.
22...| 18839.
18664.
29__ |
5... | 18710.
12...| 18809.
19...| 18732.
26. . . | 18806.
2... | 18817.
9... | 18904.
16...| 18781.
23...| 18755.
30... | 18375.
7. . . | 18682.
14...| 18642.
21... | 18674.
28...| 18446.
4. .. | 18597.
11...| 18715.
18...I 1863 9.
25...| 185482... | 1844 8.
9... | 18674.
16... | 18583.
23...| 18690.
30...| 18529.




BILLIONS OF DOLLARS
MONETARY
BASE

\
i

1959

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

NONBORROWED

REQUIRED

17986.
17872.
18136.
18172.
18229.
18254.
18115.
18119.
18045.
17985.
18050.
18045.
17993.
18149.
18046.
17935.
17826.
17859.
17911.
18003.
17846.
17625.
17533.
17577.
17637.
17501.
17556.
17696.
17928.
17774.
17676.
17736.
17787.
17866.
17852.
17847.
1772217896.
17654.
17676.
17594.
1785517656.
17771.
17807.
17783.
17726.
17578.
17763.
17627.
17710.
17601.

18069.
18024.
18039.
18268.
18240.
18236.
18238.
18165.
18156.
18135.
18187.
18187.
18137.
18412.
18305.
18174.
18114.
18176.
18166.
18254.
18174.
18171.
18084.
18097.
18056.
18105.
18148.
18287.
18352.
18315.
18310.
18267.
18301.
18369.
18416.
18346.
18298.
18233.
18155.
18199.
18153.
18168.
18144.
18197.
18193.
18182.
18115.
18082.
18159.
18140.
18051.
18065.

PRIVATE DEMAND DEPOSITS
TOTAL

TIME AND
SAVINGS
TOTAL

47.9
47.9
48.0
48.1
48.1
48.2
48.1
48.0
48.0
48.1
48.0
48.1
48.1
48.2
48.2
48.2
48.1
48.1
48.2
48.5
48.2
48.2
48.2
48.3
48.3
48.2
48.3
48.4
48.6
48.5
48.5
48.6
48.5
48.6
48.6
48.6
48.6
48.5
48.1
48.4
48.3
48.4
48.2
48.3
48.4
48.3
48.2
48.1
48.3
48.2
48.3
48.2

157.0
156.7
156.9
158.5
158.3
158. 2
158.2
157.7
157.6
157.4
157.8
157.8
157.5
159.3
158.9
158.1
157.8
158. 1
158. 1
158.7
158.2
158.2
157.6
157.9
157.6
158.0
158.0
159.2
159.5
159.2
159.1
159.0
159.2
159.7
160.0
159.5
159.3
158.9
158.4
158. 6
158.2
158.3
158.2
158.5
158.5
158. 6
158. 1
157.9
158.5
158.4
157.8
158.0

53.8
53.8
53.9
53.9
53.8
53.7
53.7
53.8
53.8
53.9
53.9
53.9
54.0
54.0
54.1
54.1
54.2
54.2
54.3
54.3
54.3
54.4
54.5
54.5
54.5
54.5
54.4
54.4
54.4
54.4
54.4
54.4
54.4
54.3
54.4
54.4
54.4
54.4
54.4
54.3
54.3
54.3
54.3
54.4
54.4
54.4
54.4
54.4
54.4
54.4
54.4
54.4

99.7
99.9
100.0
100.1
99.7
99.8
99.9
99.9
99.9
99.9
100.4
99-8
100.1
100.1
100.0
99.8
99.8
99.8
100.1
100.4
100.5
100.6
100.2
100.6
100.2
100.6
100.9
100.8
100.7
100.9
100.8
101.1
100.9
100.8
100.8
100.2
100.2
99.8
100.0
100.3
100.1
99.6
99.1
99.5
99.9
99.9
99.7
99.5
99.2
99.2
98.5
98.7

|
NET
|
| INTERBANK|
1
1
6.9
6.9
7.0
7.0
6.7
6.5
6.5
6.5
6.4
6.5
6.5
6.5
6.4
6.5
6.5
6.6
6.5
6.2
6.2
6.3
6.3
6.2
6.3
6.3
6.3
6.3
6.5
6.5
6.5
6.5
6.3
6.4
6.4
6.3
6.4
6.6
6.5
6.6
6.4
6.8
6.6
6.6
6.5
6.6
6.8
6.7
6.6
6.7
6.9
6.8
6.9
6.6

OTHER
92.8
93.0
93.0
93.1
93.1
93.3
93.3
93.4
93.4
93.4
93.9
93.3
93.7
93.6
93.5
93.2
93.3
93.6
93.9
94. 1
94.3
94.4
93.9
94.3
93.9
94.3
94.4
94.4
94.2
94.4
94.6
94.7
94.5
94.4
94.5
93.6
93.7
93.2
93.6
93.5
93.5
92.9
92.6
92.9
93.1
93.2
93.1
92.7
92.3
92.3
91.6
92.1

U.S.
GOVT
DEMAND
3.5
3.0
3.0
4.5
4.7
4.7
4.6
4.0
3.9
3.6
3.5
4.1
3.4
5.1
4.8
4.2
3.7
4.0
3.8
3.9
3.3
3.2
3.0
2.8
2.9
2.8
2.7
3.9
4.3
3.9
3.9
3.5
3.9
4.5
4.8
4.9
4.7
4.7
4.0
3.9
3.8
4.4
4.8
4.6
4.2
4.3
4.0
4.0
4.9
4.8
4.9
4.9

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES
MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

NONBORRONED

TOTAL

PRIVATE DEMAND DEPOSITS

REQUIRED

TIME AND
SAVINGS

TOTAL

NET
INTERBANK

TOTAL
1960

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JON
JUN
JON
JON
JUN
JUL
JOL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
OCT
OCT
OCT
NOV
NOV
NCV
NCV
NCV
DEC
DEC
EEC
DEC

6... |
13.,.|
20...|
27... |
3... |
10...I
17... |
24... |
2... |
9 s . .

|

16... |
23... |
30. . |
6. . . |
13... |
20... |
27... |
4... J
11... |
18... |
25...|
1... |
8. .. |
15...|
22... |
29...|
6... I
13...|
20...J
27... |
3... |
10...I
17... |
24...|
31... |
7. . . |
14...j
21...|
28... I
5... j
12... J
19... |
2 6... |
2... |
9... |
16...J
23.. . |
30... |
7 . . . |

14... |
2 1...|
23...J

18578.
18620.
18693.
18310.
18411.
18293.
18359.
18214.
18262.
18169.
18298.
18220.
18101.
18062.
18028.
18194.
18343.
18194.
18349.
18281.
18253.
18270.
18334.
18266.
18432.
1832918360.
18447.
18656.
18547.
18563.
18666.
18766.
18595..
18719.
18614.
18768.
18573.
18584.
18748.
18775.
18872.
18639.
18771.
1878218753.
18718.
19660.
18838.
18784.
18920.
18902.




I
I
1
1
1
1
1
1
1
1
1
J
1
1
1
1
i
J
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

1
1

17565.
1770917779.
1753 7.
17603.
17443.
17386.
17594.
17469.
17574.
17572.
17633.
17499.
17358.
17357.
17633.
17819.
17642.
17800.
17726.
17851.
17834.
17934.
17892.
17882.
17917.
17920.
18106.
18227.
18196.
18248.
18373.
18350.
18402.
18446.
18353.
18469.
18494.
18359.
18548.
18627.
18798.
18399.
18582.
18646.
18585.
18619.
19547.
18778.
18714.
18846.
18853.

I
I
I
I
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

1
1
1
1
i
1
1
1
1
1
1
!
1
1
1
1
1

1
J

18046.
18073.
18099.
17906.
17930.
17864.
17851.
17790.
17821.
17807.
17787.
17769.
17742.
17625.
17560.
17830.
17862.
17870.
17851.
17824.
17800.
17832.
17872.
17841.
17875.
17843.
17923.
17873.
18140.
18073.
18075.
18159.
18185.
18129.
18080.
17958.
17949.
18054.
18066.
18137.
18086.
17996.
18110.
18207.
18176.
18141..
18111.
18463.
18138.
18074.
18166.
18208.

I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I

\
I

l
1
1
1
1
1

!
1
1
1
1
1
1
1
1
1
1
1

i
1
1
1
1
1
1
1
1
1
1
1

1
1

48.3
48.3
48.4
48.0
48.2
48.0
48.1
48.0
48.0
47.9
48.0
47.9
47.8
47.9
47.8
48.1
48.2
47.9
48.1
48.0
48.0
48.1
48.1
48.0
48.2
48.1
48.1
48.2
48.4
48.3
48.4
48.4
48.5
48.4
48.5
48.4
48.6
48.4
48.4
48.5
48.6
48.7
48.4
48.6
48.5
48^5
48.4
49.4
48.6
48.5
48.7
48.6

I
I
1
1
1
1
1
J
1
1
1
1
1
1
I
1
1
J
1
1
1
1
1
1
1
1
I
1

1
!
1

t
!
1
l
1
1
l
1
1
1
1
1
1
1
:

1
J
1
1
1

1
1

157.9
158.1
158.2
156.9
157.0
156.5
156.6
156.2
156.3
156.3
156.2
156.3
156. 1
155. 4
155.0
156.7
157. 0
157. 1
157.0
157.0
156.7
157.0
157.3
157.2
157.6
157.4
159. 1
158.0
159.9
159.6
159.7
160. 4
160.8
160.5
160.2
160.5
160.7
161.5
161. 5
161. 7
*61. 8
161. 5
162.2
163.0
163.1
163. 0
162.8
162. 8
162. 2
161.8
162.7
163.0

I
I
i
1
1
1
1
1
1
1
1
1
1
1
1
1
I
J
1
1
1
1
1

I
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I

1
1

54.3
54.1
53.9
53.8
53.8
53.7
53.6
53.6
53.6
53.6
53.7
53.8
53.9
53.9
54.0
54.0
54.1
54.1
54.2
54.2
54.3
54.3
54.4
54.5
54.6
54.8
54.9
55.0
55.2
55.4
55.5
55.7
55.9
56.2
56.3
56.5
56.7
56.9
57.0
57.1
57.3
57.4
57.6
57.8
58.0
58.1
58.3
58.4
58.6
58.7
58.9
59.1

I
I
1
1
1

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

1
1
1
1
1
1
1
1
1
l
1
1
1
1
1
1
1
1
1
1
1
1

1
1

99.2
99.2
99.5
99.1
99.0
98.6
98.8
98.4
98.6
98.5
98.5
98.2
98.2
97.9
98.0
98.4
98.4
98.1
98.0
97.9
97.7
97.6
97.7
97.8
98.0
98.1
98.0
98.2
98.7
98.7
99.1
99.3
99.6
99.4
99.5
99.5
99.6
100.0
99.1
98.9
99.4
99.7
99.7
99-8
99.7
99.6
99.5
99.5
99.1
99.1
99.6
98.9

|
|
|
|
|
|
|

|
|

i
|
|
l
|
I
|
-

l
J
|
J
|
|
|
|
|
|
|
|
|
|
|
l
|
|
|
|
|
|
|
I
|
|
|
l
l
|
!

I
|
l
|
J

7.0
6.9
6.9
7.0
6.6
6.3
6.2
6.2
6.1
6.1
6.1
6.2
6.2
6.4
6.4
6.3
6.3
6.1
6.1
6.0
6.0
6.0
6.3
6.2
6.3
6.3
6.5
6.5
6.6
6.6
6.5
6.6
6.6
6.5
6.6
6.7
6.7
6.8
6.7
6.6
7.0
7.1
7.1
7.0
7.2
7.2
7.2
7.1
7.1
7.1
7.2
7.2

O.S.
GOVT
DEMAND

OTHER
I
I
I
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1

\
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
1

1
1
1

92.3
92.4
92.5
92.2
92.4
92.3
92.6
92.2
92.5
92.4
92.4
92.0
92.0
91.6
91.6
92.2
92.0
91.9
91.9
91.9
91.7
91.6
91.4
91.6
91.7
91.9
91.5
91.7
92.1
92.2
92.5
92.7
93.0
92.9
93.0
92.8
92.9
93.2
92.4
92.4
92.4
92.6
92.6
92.8
92.5
92.4
92.2
92.4
92.0
92.0
92.4
91.8

I
I
I
I
I
I
I
I
I
l
I
I
I
I
I
I

I
I
I
I
I

I
I
I
I
I
I
I
I
I
I
I
I

!
I
I
I
I
I
I
I
I
I
I
I
l
I
I
I
I
I
I

4.4
4.7
4.8
3.9
4.2
4.3
4.2
4.1
4.1
4.2
4.1
4.3
4.1
3.5
3.0
4.2
4.5
4.9
4.8
4.8
4.8
5.0
5.3
4.9
5.0
4.5
5.2
4.7
5.9
5.5
5.1
5.4
5.4
4.9
4.4
4.5
4.3
4.7
5.5
5.7
5.1
4.3
4.9
5.4
5.4
5.3
5.1
5.0
4.5
3.9
4.2
5.0

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED

JAN
JAN
JAN
JAN
FEB
EEB
EEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JON
JON
JON
JON
JOL
JOL
JOL
JOL
AOG
AOG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
CCT
OCT
CCT
OCT
NOV
NCV
NOV
NCV
NOV
EEC
DEC
EEC
EEC

4..
11..
18..
25..
1..
8..
15..
22..
1..
8-.
15..
22..
29..
5..
12..
19..
26..
3..
10..
17..
24..
31..
7..
14..
21..
28..
5..
12..
19..
26..
2..
9..
16..
23..
30..
6..
13..
20..
27..
4..
11..
18. .
25..
1..
8. .
15..
22..
29..
6..
13..
20. .
27..

I
I
I
I
I
I
I
I
I
t
i
t
I
I
J
J
I
I
I
I
I
l
I
I
I
I
I
I
I
I
l
I
I
l
1
1
1
1

1
1

1
1
1
1

1
1
1
1
1
1
1
1

t
1
i
1
1

1
t
1

MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

TOTAL

NONBORROiED

REQUIRED

19409.
18742.
18984.
1928218858.
18923.
18971.
19162.
19162.
18856.
19049.
18960.
1894 9.
1893919018.
19055.
19047.
18802.
18792.
189791900019045.
18979.
1900019089.
19022.
19024.
19145.
19051.
19071.
19256.
19284.
19361.
19329.
19373.
19376.
19407.
19426.
19487.
19541.
19504.
19797.
19744.
19688.
19630.
19756.
19798.
19881.
19708.
1967019747.
19649.

19233.
18691.
18949.
1923518792.
18744.
18778.
19055.
19112.
18762.
19000.
18908.
18871.
18832.
18966.
19011.
19010.
18741.
18728.
18806.
18934.
18953.
18917.
18929.
19047.
18941.
18976.
19098.
18996.
19021.
19181.
19161.
19299.
19292.
19336.
19319.
19380.
19382.
19460.
19507.
19475.
19652.
19688.
19614.
19539.
19634.
19708.
19780.
19673.
19630.
19638.
19433.

18395.
18170.
18192.
18278.
18310.
18355.
18329.
18437.
18483.
18429.
18414.
18456.
18349.
18404.
18437.
18374.
18316.
18335.
18314.
18377.
18435.
18430.
18408.
18371.
18543.
18395.
18477.
18488.
18362.
18421.
18779.
18727.
18757.
18732.
18779.
18835.
18818.
18859.
18830.
19057.
19011.
19223.
19196.
19145.
19157.
19168.
19201.
19160.
19163.
19104.
19169.
19089.




|
TOTAL

49.1
48.5
48.8
49.0
48.6
48.6
48.7
48.9
48.9
48.6
48.7
48.7
48.7
48.7
48.8
48.8
48.8
48-6
48.6
48.8
48.8
48.9
48.8
48.8
48.9
48.9
48.9
49.0
49.0
49.0
49.2
49.2
49-3
49.3
49.4
49.5
49.5
49.6
49.6
49.7
49.7
50.1
50.0
49.9
49.9
49.9
50.0
50.2
50.0
50.0
50.1
50.0

164. 4
163.0
163.2
163.9
164. 1
164. 9
164.9
165.9
166.2
166.0
166. 0
166.5
165.8
166.0
166.7
166.4
166.2
166. 5
166.5
167. 1
167.6
167.5
167.6
167. 4
168.8
167.9
168. 7
168.8
168.2
168.6
171.0
170. 7
171. 1
171. 1
171.2
171.8
172.0
172. 5
172.4
174.0
173. 8
175. 4
175.3
174.9
175. 1
175.4
175.8
175.8
175.5
175.2
175. 8
175. 4

PRIVATE DEMAND DEPOSITS

TIME AND
SAVINGS I
59.2
59.2
59.2
59.4
59.7
60.3
60.5
60.6
60.9
61.1
61.2
61.3
61.5
61.7
61.8
62.1
62.2
62.6
62.9
63.0
63.2
63.4
63.5
63-7
63.8
64.0
64.2
64.4
64.6
64.8
65.0
65.2
65.3
65.4
65.5
65.7
65.9
66.1
66.2
66.5
66.6
66.7
66.8
67.0
67.1
67.3
67.4
67.6
67.7
67.8
67.7
67.9

1
(
I
1
1

|
|
|
*
|
|
|
*
|
*
|
|
|
|
*

J
|
j
*
|
|

I
|
|
|
*
|

*
|
|

J
J
*
*
*
|
*
|
*
|
|
|
|
|
*
|
|

1
*

I

TOTAL

NET
|
| INTERBANK*

I
99.2
99.3
99.6
100.2
100.3
99.9
99.9
100.1
100.3
99.9
100.3
100.7
100.6
100.4
100.7
100.8
100.8
100.7
100.6
100.9
100.9
101.1
101.1
101.2
101.2
100.8
101.1
101.3
101.4
101.4
101.4
101.4
101.7
101.7
101.7
101.6
101.8
102.0
101.9
102.0
102.1
102.3
102.7
102.7
102.7
103.1
103.0
103.0
102.8
102.8
103.4
102.9

I
|
*
|

*
*
*
|
*
|
|
*
|
*
*
|
|
|
*
*
|
l
|
|
|
*
*
|
|
|
*

|
|

|
*
|
|
|

|
*
*
|
*
l
|
|
|
*
|
|
*
|
|

7.2
7.3
7.4
7.4
7.3
6.9
6.8
6.9
6.8
6.9
6.9
6.9
6.8
6.7
6.9
7.0
6.9
6.8
6.6
6.6
6.7
6.7
6.8
6.8
6.8
6.7
6.8
7.0
6.9
7.0
6.9
6.9
6.8
6.9
6.8
6.8
6.9
6.8
6.9
7.2
7.2
7.3
7.3
7.3
7.6
7.5
7.6
7.6
7.6
7.7
7.6
7.6

|
|

OTHER

|

92.0
91.9
92.3
92.9
93.0
93.0
93.1
93.2
93.5
93.0
93.4
93.8
93.8
93.7
93.8
93.8
93.9
93.9
93.9
94.3
94.3
94.4
94.2
94.4
94.4
94.1
94.3
94.3
94.5
94.4
94.5
94.5
94.9
94.8
94.9
94.8
94.9
95.2
95.0
94.8
94.8
95.0
95.4
95.3
95.2
95.7
95.4
95.3
95.2
95.2
95.8
95.3

|
|

U.S.
GOVT
DEMAND

I
*
|
|
|
|
*
*
|
|
*
|
*
|
|
*
|
*
|
|
|
|
|
|
*
*
|
|

|
|
|
|
|
|

|
|
*
|
*
|
|
|
|
|
*
|
*
*
*
l
|

6.0
4.5
4.3
4.2
4. 1
4.8
4.5
5.2
5.0
5.0
4.5
4.5
3.7
4.0
4.2
3.6
3.1
3.2
3.1
3.2
3.4
3. 1
3.0
2.6
3.8
3.2
3.4
3.1
2.2
2.4
4.5
4.2
4.1
4. 0
4.0
4.5
4.3
4.4
4.3
5.5
5.1
6.4
5.8
5.3
5.3
5.0
5.4
5.2
5.0
4.6
4.6
4.6

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED

1962

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
AFR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JON
JON
JON
JON
JOL
JOL
JOL
JOL
AOG
AOG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
CCT
OCT
CCT
CCT
CCT
NOV
NCV
NOV
NCV
DEC
DEC
DEC
EEC

I
1
1
1_
1
1
I
1
1
3... |
10.. |
17... |
24...!
31 . . . |
7...|
14...I
21...|
28...!
7... |
14...I
21...|
28...|
4.. . |
11... |
18...|
25...|
2.. . 1
9... |
16... |
23...1
30...|
6.. . |
13... 1
20...1
27... |
4...J
11...|
18. .. |
25... |
1... |
8__ |
15...|
22...|
29...|
5.. . |
12...J
19...I
26...|
3... I
10.-- |
17... |
24... |
31...J
7...!
14...1
21...J
28... |
5... |
12...|
19...|
26...!

MEMBER BANK RESERVES

|

MILLIONS OF DOLLARS

|

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
BILLIONS OF DOLLARS
MONETARY
BASE

TOTAL

20240.
19730.
19717.
19802.
19731.
19665.
19656.
19712.
19684.
19659.
19621.
19707.
19758.
19864.
19759.
19779.
19939.
19909.
19887.
19929.
19951.
20040.
20007.
19853.
19904.
19908.
20059.
20066.
20058.
20078.
19902.
19881.
19991.
20112.
20131.
20092.
20169.
20131.
20110.
20066.
20304.
20289.
20312.
19811.
19520.
19461.
19588.
19552.
19517.
19572.
19629.
19669.




NONBORROWED

19899.
19666.
19648.
19758.
19671.
19593.
19586.
19640.
19628.
19569.
19568.
19574.
19672.
19789.
19699.
19704.
19854.
19846.
19841.
19865.
19904.
19954.
19952.
19806.
19780.
19740.
19939.
2001119895.
20019.
19832.
19725.
19861.
19956.
20058.
19998.
20092.
20106.
19969.
20003.
20260.
20218.
20256.
19732.
19362.
19317.
19495.
19457.
19425.
19465.
19466.
19362.

REQUIRED |
19514.
19120.
19113.
19101.
19200.
19208.
19158.
19179.
19164.
19213.
19143.
19223.
19299.
19347.
19315.
19287.
19389.
19451.
19428.
19442.
19419.
19433.
19495.
19460.
19434.
19415.
19516.
19520.
19496.
19503.
19468.
19391.
19394.
19570.
19596.
19671.
19644.
19615.
19606.
19620.
19825.
19804.
19807.
19357.
18971.
18890.
18981.
19002.
19137.
19126.
19114.
19108.

!
|
!
|
|
|
!
|
1
!
J
|
|
|
|
J
|
J
I
I
J
|
I
|
|
|
|
|
|
J
!
|
\

|
|
|
1
|
!
|
|
|
J
|
|
I
|
I
|
|
|
|

TOTAL
50.7
50.2
50.2
50.3
50.3
50.2
50.2
50.3
50.3
50.3
50.3
50.4
50.5
50.7
50.6
50.7
50.9
50.8
50.7
50.8
50.8
51.0
50.9
50.8
50.9
50.9
51-1
51-1
51.1
51.1
51.0
51.0
51.1
51.3
51.3
51.2
51.3
51.3
51.3
51.3
51.5
51.5
51.6
51.1
50.8
50.8
50.9
51.0
50.8
50.9
51.1
51.1

178.2
175.7
175.9
176.1
176.9
177.0
177.0
177.5
177.5
178.0
177.7
178.6
179.2
179.5
179.7
179.8
180.6
181.0
181.0
181.2
181.3
181.3
182.0
182.0
182.2
182. 1
182.8
183. 1
183. 1
183.3
182.9
182.5
182.6
184.1
184.3
184.8
185.0
185.3
185.4
185.5
187.0
187.1
187.4
187.2
187.2
186.9
187.8
188.3
189.0
189.1
189.4
189.8

1
TIME AND
SAVINGS 1
I
1
|
67.9
|
68.2
68.6
|
69.0
|
69.3
|
|
69.5
|
69.9
|
70.2
70.5
|
70.8
|
|
71.2
|
71.5
71.8*
!
72.0
|
72.4
|
|
72.5
72.7
1
|
72.8
72.9
|
|
73.1
73.3
|
73.6
|
73.9
|
|
74.2
74.4
|
74.6
|
74.9
I
|
75.1
|
75.2
|
75.3
75.5
|
75.6
|
1
75.8
76.0
J
76.2
|
76.4
|
|
76.5
|
76.8
77.1
|
77.3
|
|
77.6
77.8
!
78.1
|
78.2
|
78.5
|
78.7
|
78.8
|
79.1
|
79.5
!
79.8
I
i
80.2
80.5
!

PRIVATE DEMAND DEPOSITS
|
NET
1
TOTAL
| INTERBANK!
I
I
103.7
|
7.9
7.8
103.2
|
7.8
103.3
!
7.8
103.1
l
7.7
103.1
|
102.4
|
7.1
102.6
|
7.1
102.6
|
7.1
7.0
102.5
|
102.5
!
6.9
102.3
1
6.9
102.5
|
6.9
7.0
102.1
|
102.4
1
7.1
102.7
|
7.2
102.8
J
7.1
102.8 * |
7.1
103.0
J
7.0
6.4
102.6
|
102.7
|
6.3
102.3
!
6.3
6.2
102.1
|
6.4
102.2
{
6.5
102.3
|
6.5
102.5
|
6.5
102.1
J
6.6
102.2
|
102.5
|
6.8
102.7
|
6.9
6.7
102.6
!
6.6
102.6
l
6.5
102.3
l
102.5
|
6.6
102.2
|
6.6
6.6
102.2
|
6.6
102.1
J
6.7
102.3
|
102.4
|
6.8
6.8
102.4
|
7.0
102.9
|
102.7
l
7.2
102.8
]
7.1
7.2
102.9
|
103.1
I
7.1
103.2
|
7.3
7.4
103.3
|
T03.5
|
7.4
7.4
103.9
J
103.6
|
7.2
103.5
|
7.3
7.3
103.6
!
104.0
|
7.3

OTHER
95.7
95.4
95.5
95.3
95.4
95.4
95.5
95.6
95.5
95.6
95.4
95.6
95.1
95.3
95.5
95.7
95.8
96.0
96.2
96.4
96.0
95.8
95.9
95.8
96.0
95.6
95.6
95.7
95.8
95.9
96.0
95.8
95.8
95.6
95.6
95.4
95.6
95.6
95.6
95.9
95.5
95.7
95.8
96.0
95.9
95.9
96.1
96.4
96.3
96.2
96.3
96.7

|
I
1
1
|
|
|
|
l
|
|
J
|
!
|
|
|
1
|
|
1
|
|
|
|
|
|
|
|
|
1
I
J
|
|
|
|
J
I
|
|
|
|
|
|
J
|
|
|
|
|
|
l
|
|
|

U.S.
GOVT
DEMAND
6.6
4.3
' 4.0
4.1
4.5
5.1
4.5
4.7
4.5
4.6
4.2
4.6
5.2
5.1
4.6
4.4
5.0
5.2
5.4
5.4
5.7
5.6
5.8
5.5
5.3
5.4
5.8
5.5
5.2
5.4
4.9
4.5
4.4
5.9
5.9
6.4
6. 1
6.1
5.9
5.3
6.7
6.5
6.4
5.8
5.5
4.9
5.4
5.3
5.9
5.8
5.7
5.3

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED

JAN
JAN
JAN
JAN
JAN
FIB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
AER
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JON
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
OCT
OCT
OCT
CCT
NCV
NCV
NOV
NCV
DEC
DEC
DEC
EEC

1
1
1
l_
1
1
1
1
I
2... I
9... |
16... |
23... |
30...|
6__ 1
13...I
20...|
27...|
6...|
13...|
20...|
27...|
3... |
10...|
17...!
24...|
1... |
3. .. |
15...|
22...|
29...I
5...I
12...|
19... 1
26...i
3... |
10...|
17...|
24...|
31... |
7__ |
14...|
21... |
28... |
4... |
11...|
18... |
25... |
2... !
9... I
16...J
23...|
30...|
6... |
13...I
20...|
27... |
4... |
11...|
18...|
25...|

MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

TOTAL

NONBORROWED

REQUIRED

1
TOTAL

|
20306.
19646.
19747.
19732.
19656.
19640.
19712.
19640.
19681.
19664.
19678.
19566.
19652.
19740.
19592.
19806.
19819.
19742.
19701.
19761.
19776.
19813.
19627.
19635.
19712.
19803.
19959.
19898.
20086.
19985.
19779.
20059.
19987.
19875.
19882.
19974.
20049.
19914.
20057.
20025.
20118.
19991.
19944.
19851.
20138.
20121.
20195.
19986.
20326.
20089.
20483.
20437.




19592.
19583.
19668.
19562.
19557.
19417.
19547.
19483.
19552.
19522.
19541.
19509.
19411.
19566.
19505.
19649.
19662.
19648.
19591.
19562.
19495.
19547.
19411.
19387.
19427.
19569.
19630.
19575.
19686.
19673.
19636.
19661.
19635.
19581.
19608.
19649.
19695.
19721.
19669.
19682.
19726.
19682.
19583.
19652.
19734.
19821.
19764.
19786.
19819.
19974.
20211.
20120.

19272.
19208.
19226.
19246.
19225.
19183.
19209.
19215.
19214.
19268.
19189.
19196.
19189.
19286.
19218. •
19273.
19306.
19342.
19340.
19302.
19323.
19336.
19287.
19216.
19214.
19424.
19527.
19435.
19491.
19514.
19482.
19577.
19514.
19473.
19474.
19494.
19548.
19566.
19597.
19673.
19683.
19605.
19515.
19503.
19709.
19690.
19689.
19651.
19740.
19899.
19991.
19963.

51.8
51.2
51.3
51.3
51.3
51.3
51.4
51.4
51.5
51.5
51.6
51.5
51.6
51.8
51.6
52.0
51.9
51.9
51.9
52.0
52.0
52.1
52.0
52.0
52.2
52.3
52.5
52.4
52.6
52.5
52.4
52.7
52.7
52.6
52.7
52.8
52.9
52.7
52.9
52.9
53.1
53.0
53.0
52.9
53.2
53.3
53.4
53.2
53.7
53.4
53.9
53.8

190.9
190.7
190.8
191.3
191.0
190.7
191.2
191.6
191. 7
192. 1
191.8
192.2
192.3
193.0
192.8
193.3
193.9
194. 1
194.2
194.2
194.7
194.7
194.5
194.3
194.6
196.2
196.9
196.7
197. 1
197.5
197.2
198.0
197.9
198.0
198.0
198.2
198.9
199.4
199.8
200.2
200.5
200.3
200.0
200. 1
201.6
201.8
202.3
202.2
202. 9
203.9
204. 8
204. 8

PRIVATE DEMAND DEPOSITS

TIME AND
SAVINGS

80.8
80.9
81 .0
81.2
81.4
81.7
81.9
82.1
82.4
82.6
83.0
83.3
83.5
83.8
83.9
84.1
84.3
84.5
84.7
84.9
85.2
85.3
85.5
85.7
85.9
86.1
86.3
86.4
86.6
86.8
87.1
87.5
87.8
88.1
38.3
88.6
88.8
89.1
89.2
89.5
89.7
89.9
90.2
90.6
90.9
91.1
91.5
91 .9
92.0
92.2
92.5
92.6

|
|
t
|
|
l
|
|
!
|
l
|
|
l
i
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
l
l
|
\

l
|
|
|
|
|
|
l
l
|
|
1
|
|
\

TOTAL
104.3
104.3
104.5
104.4
104.2
103.8
103.8
103.8
103.5
103.8
103.6
104.0
103.5
103.7
103.7
104.2
104.1
104.1
104.0
104.3
104.2
104.2
103.8
103.8
103.8
103.5
104.4
104.6
104.8
104.9
104.8
104.8
104.3
104.7
104.5
104.8
105.1
105.1
104.7
105.1
105.3
105.5
105.6
105.5
106.5
106.7
106.9
106.5
106.5
106.3
106.3
106.1

NET
| INTERBANK
|
|
|
t
|
|
|
l
|
|
|
|
|
|
|
|
1
J
J
|
|
|
|
|
|
J
|
|
|
|
|
|
|
|
|
|
|
|
l
\

|
J
f
|
|
|
|
|
|
I
|
1

7.3
7.6
7.6
7.7
7.6
7.0
6.9
6.9
6.9
6.8
6.7
6.7
6.7
6.9
6.9
6.7
6.9
6.7
6.5
6.5
6.7
6.4
6.6
6.8
6.7
6.6
6.9
7.0
6.8
6.9
6.8
6.7
6.6
6.7
6.6
6.7
7.1
6.9
7.0
7.1
7.2
7.2
7.2
7.2
7.3
7.4
7.4
7.3
7.5
7.6
7.5
7.5

|

OTHER

|

97.0
96.7
96.9
96.7
96.6
96.8
96.9
96.9
96.6
97.0
96.9
97.2
96.8
96.9
96.8
97.5
97.2
97.5
97.5
97.8
97.5
97.8
97.2
97.1
97.1
96.9
97.6
97.6
98.0
98.1
98.0
98.1
98.2
98.0
97.9
98.2
98.0
98.2
97.3
98.0
98.1
98.4
98.3
98.4
99.2
99.3
99.4
99.2
99.1
98.7
98.8
98.6

|
|
|
|
|
|
|
j
|
|
|
I
|
|
|
|
|
|
|
J
|
|
1
|
|
|
|
1
|
|
J
J
|
|
|
\

l
J
|
l
|
|
1
1
|
1
|
|
|
J
|
|

U.S.
GOVT
DEMAND
5.8
5.5
5.3
5.6
5.4
5.3
5.5
5.7
5.7
5.7
5.3
4.9
5.3
5.5
5.1
5. 1
5.6
5.5
5.6
4.9
5.4
5.2
5. 1
4.8
4.9
6.5
6.2
5.7
5.6
5.7
5.2
5.7
5.3
5.3
5.2
4.8
5.1
5.2
5.8
5.7
5.5
4.8
4.3
3.9
4. 1
4.0
3.9
3.8
4.4
5.4
6.0
6. 1

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
MEMBER BANK RESERVES

1
1
1
1
1
1
1 MONETARY 1
BASE
|
1
1
1
NON1
1
1
1
| BORRONED 1 REQUIRED 1
TOTAL
1
1
1
1
1
1
___ J _
1
1
__
54.1
I 20080.
I 19844.
I
I 204.0
53.8
1 20017.
I 19913.
J
I 204.8
54.0
1 20114.
f 19875I
I 204. 7
53.8
1 20049.
1 19924.
I
I 205.3
53.8
1 200591 19863.
I
1 205.0
53.8
1 19960.
1 19835.
1
1 204.7
53.9
19872.
1 19907.
I
1
1 205.3
54.0
1 20057.
1 19928.
1
1 205.9
54.0
1 20087.
I 19934.
1
1 205.9
54.1
205.4
1 19992.
1 19864.
1
i
54.0
1 19969.
1 19908.
1
1 205.8
54.1
19941.
19924.
206.
1
1
1
1
1
54.4
20212.
\
1 19983.
1
I 206.7
54.3
1 20184.
1 20067.
I 207. 1
1
54.5
1 20278.
1 20064.
1
1 207.5
54.4
208.2
1 20260.
1 20151.
1
J
54.4
1 20044.
1 19922.
1
1 207.2
54.2
I 19940.
1 19807.
1
1 206.6
54.4
1 20029.
1 19951.
1
1 207.3
54.7
19999.
1 20098.
i
1
1 207. 8
54.7
1 20118.
1 20008.
1
1 208.2
20141.
20018.
54.6
1
1
1
1 208.3
54.7
1 20145.
1 20114.
1
1 209.0
54.8
1 20116.
1 20076.
1
1 209.1
55.0
1 20260.
1 20132.
1
I 209.7
54.9
1 20211.
1 20092.
1
1 209.7
55.0
20303.
201221
1
1
1 209.7
55.0
1 20236.
1 20208.
1
1 210.4
55.4
1 20388.
1 20276.
1
1 211.0
55.0
1 20184.
I 20303.
\
1 210. 8
55.1
1 20356.
1 20167.
1
1 210.7
20419.
20338.
55.3
1
1
1
1 211.8
55.5
1 20489.
1 20391.
1
1 212.5
55.6
1 20547.
1 20434.
1
1 213.2
55.7
1 20613.
1 20471.
1
1 213.4
55.7
1 20561.
1 20478.
1
1 213.5
55.8
1 20511.
1 20492.
1
1 213.9
55.7
1 20616.
1 20474.
1
1 214. 1
20643.
55.9
I
i 20571.
1
1 215. 2
55.9
1 20710.
1 20600.
1
1 215.3
56.1
20796.
20733.
216.2
1
1
1
1
56.0
20648.
216. 0
1 20818.
1
1
1
20647.
56.1
216.1
1
1 20600.
1
\
20595.
216.2
56.0
1 20669.
1
1
1
20767.
56.3
217.3
1 20732.
J
1
1
20710.
56.3
1
1 20768.
1
1 217. 8
56.5
218.3
1 20794.
1 20793.
1
J
20974.
56.3
1
1 20875.
1
1 218. 9
56.5
20989.
20975.
219.
8
1
1
1
1
56.4
219-4
20922.
1 21090.
1
1
1
56.6
1 21135.
1 20881.
1 219.4
1
21017.
56.5
20877.
219.9
1
1
1
1
20811.
56.6
219. 1
207531
1
1
1

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

TOTAL
1964

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
CCT
OCT
CCT
OCT
NCV
NCV
NOV
NCV
EEC
DEC
DEC
DEC
DEC

1... |
8...|
15.. . |
22... |
29... |
5... |
12...|
19...|
26...f
4... |
11... |
18...|
25...|
1... J
8...1
15...|
22...1
29...|
6. . . |
13...1
20...J
27. . . 1
3...]
10...1
17... |
24...J
1... |
8. .. |
15...1
22... !
29...j
5.. . |
12... |
19... |
26 . . . |
2... |
9. .. |
16...|
23...|
30...|
7... 1
14...1
21... |
28... |
4... |
11...|
18...1
25...|
2... |
9... |
16...|
23...|
30... \

20638.
20381.
20475.
20213.
20236.
20201.
20274.
20348.
20287.
20354.
20222.
20299.
20491.
20339.
20486.
20450.
20363.
20075.
20240.
20412.
20416.
20349.
20409.
20405.
20587.
20443.
20524.
20499.
20848.
20462.
20535.
20679.
20865.
20825.
20942.
20876.
20989.
20841.
21052.
20988.
21166.
21057.
21027.
20899.
21208.
21137.
21384.
21133.
21364.
21212.
21269.
21274.
21315.




BILLIONS OF DOLLARS
1
1 TIME AND
| SAVINGS
1
192.6
I
93.2
I
93.5
I
93.6
I
93.8
1
94.0
1
94.3
1
94.4
1
94.6
1
94.8
1
94.8
1
95.0
1
95.1
l
95.3
1
95.4
1
95.6
1
95.8
1
96.1
1
96.3
1
96.6
1
96.8
1
97.1
1
97.3
97.6
1
97.9
1
98.0
1
98.1
1
98.2
1
98.4
1
98.7
1
98.9
1
99.1
1
99.3
1
99.5
1
99.8
1
1 100.0
100.4
1
1 100.6
100.8
i
1 101.1
101.3
1
101.6
1
101.8
1
102.1
1
102.3
1
1 102.7
1 103.0
i 103.2
1 103.4
1 103.7
1 104.0
104’
.3
1
104.6
1

1
1
1
1
1
I
I
I
t
I
I
I
I
I
I
I
1
1
1
1
1
1

1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1

1
1
1
1
1
1
1

1
1
1
1
1
1
1
1

1
1

1
1
1

PRIVATE DEMAND DEPOSITS
1
|

TOTAL

-

-

106.2
106.2
106.3
107.1
106.7
106.3
106.5
106.3
106.2
105.7
106.0
106.2
106.0
106.3
106.4
106.3
106.7'
106.2
106.2
106.3
106.4
106.2
106.4
105.8
106.2
106.1
106.4
107.1
107.1
107.6
107.5
107.5
107.8
107.9
107.8
108.4
108.3
108.8
108.6
108.4
109.0
109.2
109.5
109.2
109.6
109.7
109.6
109.3
109.9
109.4
109.7
109.5
109.0

-

J
l
|
I
|
|
l
|
|
|
|
|
|
|
|
J
|
|
|
|
|
|
|
|
|
I
|
|
|
|
|
|
l
|

|
J
|
J
|
I
|
|
|
i
|
l
|
|
|
|
1
l
|
i

NET
|
INTERBANK|
1
7.4
I
7.5
I
7.4
I
7.5
I
7.5
I
7.0
1
6.9
t
6.8
1
6.7
1
6.7
1
6.9
1
6.8
1
6.8
1
6.6
1
7.0
1
7.0
1
7.1
1
6.9
1
6.6
1
6.5
!
6.5
1
6.5
1
6.5
1
6.7
1
6.5
1
6.7
1
6.6
1
6.9
1
6.8
J
7.1
1
7.0
1
6.7
[
6.8
\
6.8
1
6.8
1
6.9
1
7.2
1
7.2
1
7.2
1
7.0
1
7.3
1
7.2
1
7.5
i
7.3
!
7.5
1
7.6
1
7.3
1
7.5
i
7.6
1
7.5
1
7.3
1
7.5
1
7.4
1

OTHER
______
98.8
98.7
98.9
99.6
99.3
99.3
99.6
99.6
99.5
99.0
99.0
99.4
99.2
99.7
99.4
99.2
99.6
99.3
99.6
99.7
99.9
99.6
99.9
99.2
99.7
99.4
99.8
100.1
100.3
100.5
100.5
100.7
100.9
101.0
101.0
101.4
101.1
101.7
101.4
101.4
101.7
101.9
102.0
101.9
102. 1
102. 1
102.2
101.9
102.3
101.9
102.4
102.1
101.5

1
1
1
1
1
I
I
I
I
I
l
I

I
I
I
I
I
I
I
I
I
l
I
I
I
I

I
I
I

I
I
I
J
J
l
1
1
1
1
1
1
1
1
\

I

1
1
1
1
1
1
1
I
1
I
I

1
1

U.S.
GOVT
DEMAND
4.9
5.4
4.9
4.5
4.4
4.3
4.5
5.1
5.1
5.0
5.0
4.9
5.6
5.5
5.7
6.3
4.7
4.3
4.8
5.0
5.0
5.1
5.3
5.6
5.6
5.7
5.2
5.1
5.4
4.5
4.3
5.3
5.4
5.8
5.3
5.1
5.3
4.6
5.8
5.9
6.0
5.2
4.8
4.9
5.4
5.4
5.7
6.4
6.5
6.3
5.6
6.0
5.5

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED

JAN
JAN
JAN
JAN
FEB
FIB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JON
JON
JUN
JON
JOL
JOL
JOL
JOL
AOG
AUG
AOG
AOG
SEP
SEP
SEP
SEP
SEP
OCT
CCT
CCI
OCT
NCV
NOV
NCV
NCV
EEC
DEC
DEC
DEC
DEC

1
1
1
1.
1
1
1
1
1.
6... }
13...|
20... |
27... |
3... |
10...|
17...|
24...|
3... |
10...|
17...I
24...I
31... J
7... i
14...I
21...|
28...|
5... |
12...|
19...|
26... |
2... |
9... |
16...J
23... |
30... |
7... |
14...|
21...1
28...1
4... ]
11...|
18... |
25... |
1... I
8... |
15...|
22-- |
29...J
6...|
13...|
20... I
27...|
3...!
10... |
17...|
24... |
1... |
8. .. |
15...1
22...1
29...|

MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
BILLIONS OF DOLLARS

MILLIONS OF DOLLARS
MONETARY
BASE
TOTAL

NONBORRONED

REQUIRED

20966.
20947.
20922.
20919.
21004.
20825.
20818.
20787.
20947.
20929.
2094720925.
20908.
21078.
21149.
21194.
21168.
21053.
20907.
20915.
20978.
21028.
21043.
21208.
21068.
21038.
21135.
2135221221.
21261.
21314.
21257.
21358.
21241.
21371.
21366.
21254.
21301.
21292.
21510.
21403.
21827.
21431.
21545.
21593.
21524.
21501.
21791.
2193821919.
21973.
21825.

20928.
20780.
20810.
20781.
20898.
20801.
20849.
20768.
20997.
20946.
20989.
20927.
21027.
21273.
2126 8.
21292.
21272.
21197.
21056.
21072.
21151.
21215.
21215.
21417.
21236.
21186.
21369.
21440.
21452.
21418.
21472.
21450.
21520.
21375.
21475.
21477.
21345.
21493.
21488.
21603.
21598.
21925.
21572.
21650.
21498.
21697.
21626.
21900.
21955.
21840.
21957.
21908.

|
TOTAL

|
21275.
21371.
21199.
21122.
21282.
21297.
21171.
21307.
21217.
21314.
21317.
21388.
21395.
21648.
21546.
21766#
21513.
21531.
21405.
21415.
21461.
21546.
21517.
21819.
21651.
21524.
21717.
21972.
2164621740.
21858.
21873.
21849.
21786.
21908.
21849.
21812.
21928.
21845.
22046.
21898.
22418.
21769.
22031.
21927.
22013.
21862.
22325.
22416.
22405.
22191.
22371.




56.7
56.8
56.7
56.7
56.9
56.9
56.8
57.0
56.9
57.0
57.0
57.1
57.1
57.4
57.4
57.7
57.3
57.4
57.3
57.3
57.4
57.6
57.6
57.9
57.7
57-7
57.9
58-2
57.9
58.1
58.2
58.3
58.3
58.3
58.5
58.5
58.5
58.6
58.8
59.0
58.9
59.5
58.9
59.2
59.1
59.2
59.1
59.6
59-7
59.8
59.6
59.8

220.5
220.1
220. 7
220.7
221. 5
221.2
221.9
221. 7
223.2
223.1
223.6
223.5
224.0
225.9
226.3
226. 8
226.9
226.5
225.8
226.4
226. 8
227.3
227.7
229.4
228.6
228.2
229.5
230.3
230. 9
230.7
231.2
231.5
232.4
231.5
232.3
232.9
232.3
233.7
233. 8
234. 7
235. 1
237.8
235.5
236.2
235.6
237.3
237.1
239.2
239.3
238.7
239.9
239.5

PRIVATE DEMAND DEPOSITS

| TIME AND
1 SAVINGS

|
l
]
|
|
|
|
|
|
l
I
|
I
|
|
|
i
|
|
1
|
|
|
|
i
|
|
1
I
|
|
|
J
|
|
|
|
|
|
|
|
|
[

|
|
|
|
|
l
|
|
|

105.1
105.7
106.1
106.5
106.9
107.3
107.6
108.0
108.2
108.5
108.7
108.9
109.2
109.4
109.7
109.9
110.3
110.6
110.9
111.1
111.3
111.6
111.9
112.4
112.6
112.9
113.2
113.5
113.8
114.2
114.5
114.9
115.1
115.5
116.0
116.5
116.8
116.9
117.4
117.8
118.4
118.7
119.0
119.3
119.5
119.8
120.2
120.5
120.8
121.0
121.1
121.4

|
!
|
l
|
|
I
|
|
\

J
|
|
|
|
|
l
|
|
|
|
|
|
!
I
|
|
|
|
I
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|

TOTAL
110.1
109.5
109.7
109.5
109.6
109.0
109.1
108.5
109.8
109.2
109.4
108.8
108.8
109.6
109.6
109.9
109.6
109.3
109.0
108.6
108.7
109.0
109.2
109.4
109.4
109.3
110.0
110.5
110.3
110.2
110.3
110.2
109.9
109.9
110.4
110.7
111.5
112.2
111.5
112.1
112.2
112.5
112.5
112.9
112.7
113.0
112.7
112.7
112.9
113.3
114.0
113-5

NET
J INTERBANK
|
|
|
|
|
!
|
I
|
|
|
l
|
|
|
|
i
l
|
|
I
|
|
|
|
l
|
|
|
I
|
|
J
f
|
|
|
J
|
I
|
|
l
l
|
|
J
|
J
|
|
l

7.5
7.6
7.6
7.6
7.2
6.9
6.9
6.9
6.8
6.8
6.7
6.8
6.8
7.0
7.1
6.9
7.0
6.5
6.5
6.4
6.4
6.5
6.9
6.7
6.9
6.7
7.2
7.2
7.1
7.0
6.8
6.9
6.8
6.9
6.9
7.4
7.4
7.5
7.4
7.6
7.7
7.6
7.6
7.7
7.9
7.9
7.7
7.7
7.9
7.9
8.2
7.9

OTHER
102.6
101.9
102.2
102.0
102.4
102.0
102.1
101.6
103.0
102.4
102.7
102.0
102.0
102.6
102.5
103.0
102.5
102.8
102.4
102.2
102.3
102.4
102.3
102.7
102.5
102.5
102.9
103.3
103.2
103.1
103.5
103.3
103.1
103.1
103.5
103.3
104.0
104.7
104.1
104.4
104.5
104.9
105.0
105.1
104.8
105.0
105.0
104.9
105.0
105.4
105.8
105.6

|

!
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
I
J
!
!
|
f
|
|
|
|
1
!
|
|
l
|
|
|
|
|
|
|
|
|
|
|
|
)
|
|
|
|
|
|
|
|
|

o.s.
GOVT
DEMAND
5.4
4.9
4.8
4.6
5.0
5.0
5.2
5.2
5.2
5.4
5.4
5.7
6.0
6.9
7.0
6.9
7.1
6.5
6.0
6.7
6.8
6.7
6.6
7.6
6.5
6.0
6.3
6.3
6.7
6.4
6.4
6.5
7.3
6.0
5.9
5.7
4.0
4.6
4.9
4.8
4.6
6.6
4.0
4.1
3.4
4.5
4.2
6.0
5.6
4.4
4.7
4.6

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED

1966

JAN
JAN
JAN
JAN
F2B
FEB
FIB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JON
JUN
JUN
JON
JON
JOL
JOL
JOL
JOL
AOG
AOG
AOG
AUG
AOG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
CCT
NOV
NCV
NCV
NOV
NCV
DEC
DEC
DEC
EEC

I
I
1
1.
1
1
1
1
1
5... |
12...!
19...|
26...|
2... |
9__ l
16...|
23...!
2... |
9... J
16...|
23...!
30...|
6... ]
13...|
20...|
27. .. |
4... 1
11.. . 1
18...!
25...J
1... !
8. .. |
15...|
2 2...|
29...|
6... |
13...J
20...|
27. .. J
3... !
10...|
17__ |
24__ i
31...!
7... J
14... |
21... |
28... |
5... |
12...|
19...j
26...!
2... {
9... I
16__ !
23...|
30...J
7. .. !
14...|
21...J
28...|

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES
MILLIONS OP DOLLARS

BILLIONS CF DOLLARS
MONETARY
BASE

TOTAL

22267.
22625.
22118.
22297.
22401.
22305.
22282.
22280.
22255.
22282.
22300.
22316.
22258.
22446.
22414.
22329.
22583.
22573.
22595.
22518.
22460.
22592.
22386.
22483.
22527.
22683.
22753.
23102.
22936.
23125.
23070.
23083.
22894.
22783.
22964.
23068.
23594.
23656.
23121.
23512.
23507.
23390.
23206.
23320.
23392.
23481.
23028.
23334.
23207.
23531.
23259.
23474.




NONBORROWED

21705.
22035.
21900.
21945.
21983.
21802.
21829.
21760.
21791.
21668.
21764.
21714.
21750.
21823.
21811.
21644.
21941.
21956.
21915.
21855.
21807.
21781.
21839.
21695.
21836.
21912.
21926.
22284.
22305.
22445.
22292.
22301.
22164.
22064.
22273.
22319.
22706.
22885.
22471.
22684.
22579.
22600.
22688.
22726.
22746.
22770.
22589.
22698.
22758.
22884.
22787.
22926.

REQUIRED

21948.
21937.
21910.
21992.
22053.
21961.
21945.
21882.
21962.
21922.
21937.
21945.
21970.
22113.
22054.
21956.
22203.
22287.
22255.
22199.
22146.
22156.
22179.
22018.
22245.
22224.
22403.
22378.
22765.
22849.
22717.
22622.
22617.
22409.
22600.
22731.
23090.
23064.
23054.
23198.
23094.
22901.
23059.
23041.
23014.
22934.
22844.
22874.
23026.
23021.
23055.
23037.

TOTAL

59.8
60.2
59.8
60.0
60.2
60.2
60.2
60.2
60.2
60.2
60.3
60.4
60.3
60.6
60.7
60.5
60.9
60.9
61.0
61.0
60.9
61.1
60.9
61.0
61.1
61.3
61-4
61.8
61.7
61.9
61.9
61.9
61.8
61.7
61.9
62.1
62.6
62.8
62.2
62.6
62.7
62.6
62.4
62.5
62.6
62.7
62.3
62.6
62.5
62.9
62.7
63.0

239.7
240.1
240.2
240.8
240.9
240.5
240.5
240.5
240.9
240.8
241.0
241.5
241.7
243. 1
243.2
243.1
245.1
245.7
245.7
245.8
245.4
245.4
245.7
244.3
246.4
246.4
247.7
248.0
248.6
248.6
247.6
247.0
247.3
245.9
247.0
247.9
248.0
247.6
24 7.4
247.8
24 7.3
246.3
246. 7
246.4
246.6
246.3
245.7
24 5.5
246.6
246.8
247.2
247.7

|
| TIME AND
| SAVINGS I
1
1
|
| 121.7
| 121.6
I
| 121.7
|
|
I 121.9
|
| 121.9
|
| 121.9
|
! 122.1
|
l 122.3
| 122.5
(
| 122.7
|
| 122.8
|
| 123.1
I
| 123.6
|
| 124.1
I
| 124.6
!
| 125.0
|
| 125.4
!
!
| 125.7
| 126.0
!
! 126.3
l
1 126,6
|
l 126.8
1
!
! 126.8
!
| 126.4
|
! 126.6
|
| 127.1
l
| 127.7
!
| 128.2
| 128.4
|
J 128.5
!
l 128.5
!
i 128.5
|
| 128.7
|
!
1 128.9
| 128.9
|
| 128.9
!
i 129.1
|
!
| 129.2
!
1 129.2
| 128.9
|
I
! 123.7
| 128.6
|
I
| 128.2
! 128.1
«
| 127.9
|
| 127.8
|
| 127.8
|
| 127.9
!
| 128.3
|
1 128.6
l
( 129.0
|
| 129.7
I

PRIVATE DEMAND DEPOSITS

TOTAL
1
113.7
114.2
114.5
114.5
114.6
114.0
114.0
113.6
114.2
114.2
114.8
114.6
114.4
114-7.
115.3
116.1
116.1
115.4
115.1
114.5
114.1
113.9
114.4
114.7
115.9
114.0
114.4
114.0
114.8
114.2
114.2
113.2
113.9
113.7
113.7
114.2
114.2
115.7
114.2
114.2
113.9
114.0
114.1
114.1
113.8
114.3
114.3
113.9
114.3
114.2
115.7
113.9

I
net
i
| INTERBANK!
1
J
7.8
|
8.1
|
8.2
J
8.2
J
7.9
|
7.4
|
7.2
7.4
!
7.5
!
7.5
!
!
7.5
!
7.5
7.6
J
7.7
I
|
7.6
|
7.7
|
7.7
J
7.5
J
7.4
|
7.2
|
7.1
J
7.2
7.4
|
|
7.5
|
7.5
|
7.4
|
7.8
l
8.1
8.0
i
8.0
!
7.7
!
7.4
|
|
7.3
|
7.2
J
7.2
7.6
l
7.7
|
|
7.7
7.7
(
!
7.6
J
7.8
!
7.8
7.7
l
7.7
l
J
7.8
8.0
|
|
7.9
8.0
J
l
7.9
|
8.1
J
7.9
!
7.9

OTHER
1
105.9
106.1
106.3
106.4
106.6
106.6
106.7
106.2
106.8
106.8
107.3
107.1
106.8
107.0
107.7
108.4
108.4
107.9
107.7
107.4
107.1
106.6
107.0
107.2
108.4
106.6
106.6
105.9
106.8
106.3
106.5
105.8
106.6
106.5
106.5
106.6
106.5
107.9
106.6
106.6
106.1
106.3
106.3
106.3
106.0
106.2
106.4
106.0
106.4
106.1
107.8
106.0

|
i
|

U.S.
GOVT
DEMAND

|
|
|
(
|
!
|
|
|
|
|
|
!
|
|
J
|
|
!
1
J
!
J
|
|
!
i
|
|
|
|
|
|
!
J
|
|
|
!
l
J
!
l
|
i
|
|
|
!
l
l
|

4* 4
4.3
4.0
4.4
4.5
4.6
4.4
4.6
4.2
3.9
3.3
3.8
3.7
4.2
3.3
2.0
3.6
4.5
4.6
4.9
4.7
4.8
4.5
3.2
3.9
5.2
5.6
5.9
5.5
5.8
5.0
5.3
4.6
3.3
4.4
4.8
4.7
2.8
4.0
4.7
4.7
3.7
4.5
4.3
4. 8
4.2
3.6
3.7
4.0
3.9
2.5
4.0

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
MEMBER BANK RESERVES

1967

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAI
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
CCT
CCT
OCT
NOV
NCV
NOV
NCV
NCV
DEC
IIC
EEC
EEC

1
L
1
1
1
1
1
4. .. |
11..
18... |
25... I
1... I
8... |
15...|
22...|
1... 1
8... |
15...|
22... |
29... |
5... |
12...I
19...|
26... |
3... I
10... |
17... I
24... |
31... |
7.. .|
14... |
21... |
28. .. |
5... 1
12... |
19...|
26...|
2... |
9... |
16...|
23...|
30... |
6__ |
13...1
20...|
27...|
4... |
11...!
18...I
25...J
1...I
8. .. |
15...|
22...|
29...|
6... |
13...|
20...|
27...|

MILLIONS OF DOLLARS

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
|

BILLIONS OF DOLLARS
MONETARY
BASE

TOTAL

23592.
23862.
23301.
23751.
23754.
23687.
23804.
24021.
23597.
23382.
23514.
23569.
23315.
23574.
23304.
23523.
23258.
23500.
23292.
23448.
23338.
23442.
23531.
23427.
23566.
23555.
23869.
24168.
23839.
24052.
24030.
24206.
2399 5.
24109.
23831.
24282.
24474.
24374.
24185.
24539.
24508.
25278.
24532.
24694.
24804.
24922.
24834.
24818.
24873.
24874.
24764.
24915.




NONBORROWED

23027.
23277.
23084.
23213.
23578.
23334.
23348.
23544.
23430.
23180.
23341.
23267.
23180.
23394.
23159.
23345.
23160.
23366.
23229.
23325.
23288.
23340.
23454.
23384.
23475.
23414.
23516.
24099.
23788.
23998.
23914.
24115.
23866.
24062.
23785.
24203.
24404.
24268.
24111.
24395.
24363.
25062.
24474.
24614.
24672.
24760.
24707.
24699.
24786.
24753.
24579.
24570.

REQUIRED |

23197.
23235.
23176.
23235.
23414.
23398.
23386.
23438.
23438.
23023.
23142.
23002.
22930.
23127.
23078.
23045.
23012.
. 23095.
22963.
23044.
23011.
23061.
23200.
23072.
23305.
23124.
23407.
23525.
23603.
23620.
23735.
23835.
23613.
23636.
23571.
23950.
24088.
23966.
23974.
24126.
24259.
24717.
24342.
24403.
24474.
24404.
24613.
24434.
24585.
24541.
24497.
24473.

1
|
|
|
|
|
|
|
|
|
I
|
|
|
i
|
|
|
|
|
|
\

|
I
|
|
1
|
|
1
|
|
|
|
J
|
|
|
I
|
|
|
I
|
|
|
|
\

|
|
|
|

|

63.2
63.5
63.0
63.5
63.6
63.6
63.8
64.0
63.6
63.4
63.6
63.7
63.5
63-6
63.4
63.7
63.5
63.8
63.6
63.8
63.7
63.8
64.0
63.9
64. 1
64.2
64.4
64.7
64.3
64.6
64.6
64.9
64.7
64.9
64.7
65.2
65.4
65.4
65.3
65.6
65.6
66.5
65.7
65.9
66.0
66.0
66.0
66.1
66.2
66.4
66.3
66.5

|
|
I
I
j
I
{
|
|
|
l
I
|
|
|
|
|
l
|
J
|
|
|
|
|
i
|
|
J
|
|
]
|
|
|
|
|
I
|
|
|
l
|
|
!
|
|
|
|
|
|
|

TOTAL

249.1
249.9
249.8
250.6
251.8
252.1
252.6
253.3
253.2
253.6
254.7
257.0
256.7
258.1
258.3
258.6
258.3
259.0
258.4
259.4
259.3
259.9
261.0
260.7
262.7
261.8
264. 1
265.1
266. 1
266.1
267.3
268.3
267.1
267.5
267.0
270.1
271.4
271.0
270.8
271.7
272.9
276.6
273.9
274.3
275.3
275.2
276.9
275.9
276.7
276.9
276.6
276.4

| TIME AND
| SAVINGS

|
J
|
|
|
|
|
|
|
|
|
|
|
|
l
|
|
|
|
l
|
|
I
|
J
|
|
|
|
|
|
|
|
1
|
l
|
|
|
|
|
|
l
|
|
|
|
|
|
|
|
|

130.3
130.7
131.3
132.1
132.7
133.3
133.8
134.1
134.4
135.0
135.6
136.0
136.4
136.8
137.2
137.5
137.8
138.1
138.5
138.9
139.3
139.8
140.2
140.9
141.3
141.8
142.3
142.5
143.1
143.4
143.9
144.2
144.5
144.7
145.2
145.7
146.1
146.2
146.4
146.5
146.6
146.9
147.1
147.5
147.7
148.1
148.3
148.7
149.1
149.4
149.4
149.3

\

PRIVATE DEMAND DEPOSITS

|

I
|
1
1
|
|
1
|
|

I
NET
1
| INTERBANK|
i
1
|
8.1
|
8.2
8.0
|
\
8.0
|
8.1
|
7.7
|
7.6
|
7.7
|
7.5
7.4
|
|
7.4
7.6
|
|
7.3
7.7
|
J
7.9
l
7.9
|
8.0
|
7.6
|
7.2
7.1
|
J
7.3
J
7.1
8.0
|
|
7.8
|
7.8
7.9
|
7.9
f
]
8.2
|
8.0
)
8.0
7.9
J
|
7.9
7.7
l
7.9
l
|
7.8
8.3
l
8.4
l
8.2
|
|
8.2
|
8.5
|
8.6
8.7
!
8.5
|
|
8.3
8.7
|
8.5
|
8.9
I
|
8.9
8.7
|
8.9
l
|
8.8
8.6
|

I
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
J
|
|
|
|
|
|
|
J
|
J
|
|
I
|
|
|
|
|
|
1
|
J
l
J
J
|
|
|
J
|
|
|
|
|
|
|
|

\

|
\

|
|
I
|
|
|
|
|
|
|
|
|
|
I
|
|
|
|
|
l
|
|
|
|
I
I
|
|
|
|
|
|
|
|
|
|
|
i
I
j
|
|
|

TOTAL
114.6
114.0
114.2
114.1
114.8
114.3
114.7
115.1
115.0
114.9
115.4
117.1
115.9
116.1
115.4
115.2
114.9
115.8
115.3
116.3
116.0
116.4
117.5
117.4
118.2
117.2
118.2
118.6
118.5
118.5
119.2
118.7
119.2
119.1
119.3
120.0
120.2
119.9
119.9
120.9
121.0
121.3
120.9
121.1
121.7
121.6
121.8
121.9
122.2
121.8
121.7
121.6

OTHER
106.4
105.8
106.2
106.1
106.7
106.6
107.1
107.4
107.5
107.5
108.0
109.6
108.7
108.4
107.5
107.3
106.9
108.1
108.1
109.2
108.7
109.3
109.4
109.6
110.4
109.4
110.3
110.4
110.6
110.5
111.3
110.8
111.5
111.3
111.5
111.7
111.8
111.7
111.7
112.4
112.5
112.5
112.4
112.7
113.0
113.1
112.9
112.9
113.5
112.9
112.9
112.9

U.S.
GOVT
DEMAND
4.2
5.1
4.4
4.4
4.3
4.4
4.2
4. 1
3.8
3.7
3.7
3.3
4.4
5.2
5.6
5.8
5.6
5.2
4.7
4.2
4.0
3.7
3.4
2.4
3.1
2.8
3.6
3.9
4.4
4.2
4.2
5.4
3.4
3.7
2.6
4.3
5.2
4.8
4.5
4.3
5.3
8.4
5.9
5.8
5.9
5.5
6.8
5.3
5.4
5.6
5.5
5.5

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
I
I
I
l_
I
I
I

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES

BILLIONS CF DOLLARS

MILLIONS OF DOLLARS
MONETARY
BASE
TOTAL

NONBORRONED

TOTAL

REQUIRED

\

1968

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
CCT
CCT
OCT
NOV
NCV

NCV
NCV
CEC
DEC
EEC
EEC

I
3... |
10...|
17. ..1
24...|
31... J
7. . . |
14...i
21... |
28...|
6...J
13...|
20...I
27...|
3... |
10...|
17...|
24... |
1...1
8. .. 1
15...1
22...|
29...|
5... |
12...|
19...J
26.. . |
3... J
10.. . |
17... |
24...J
31...|
7... J
14...|
21... |
28...|
4-- ]
11... I
18...J
25...|
2...]
9...|
16...I
23...I
30...I
6... |
13...|
20...|
27... |
4... |
11...|
18...|
25...|

25296.
25092.
25105.
25639.
25527.
25651.
25569.
25448.
25683.
2583825806.
25695.
25388.
25537.
25483.
25839.
25299.
25451.
25597.
25516.
25562.
25680.
25615.
25709.
25581.
26112.
25822.
26001.
26165.
26359.
26374.
26264.
26189.
26566.
26244.
26266.
26511.
26376.
26176.
26467.
26449.
26817.
26443.
26820.
26471.
27111.
26930.
26823.
27015.
26687.
27074.
27228.




24801.
24912.
24881.
25406.
25286.
25410.
25185.
25043.
25241.
25338.
25027.
24962.
24806.
24841.
24837.
25076.
24648.
24777.
24774.
24804.
24893.
24916.
24856.
25031.
24917.
25305.
25329.
25589.
25695.
25720.
25771.
25527.
25613.
25947.
25870.
25812.
25877.
25972.
25702.
25926.
26046.
26301.
26106.
26325.
26079.
26436.
26417.
26240.
26484.
26253.
26499.
26369.

24643.
24528.
24948.
25263.
25191.
25276.
25081.
25069.
25370.
25522.
25348.
25281.
25227.
25206.
25077.
25312.
25173.
25175.
25216.
25116.
25240.
25289.
25407.
25399.
25315.
25534.
25640.
25568.
25891.
25949.
26016.
25922.
25875.
26052.
26065.
26011.
25955.
26002.
25979.
26081.
26224.
26444.
26444.
2646 8.
26279.
26574.
26701.
26638.
26536.
26635.
26706.
26808.

67.0
66.8
67.0
67.6
67.5
67.6
67.6
67.5
67.8
68.0
68.1
68.0
67.7
68.0
68.0
68.6
67.9
68.2
68.4
68.4
68.5
68.6
68.7
68.8
68.7
69.3
69-1
69.2
69.5
69.7
69.8
69.7
69.9
70.3
70.0
70.2
70.4
70.3
70,2
70.5
70.5
70.9
70.6
71.1
70.8
71.4
71.3
71.3
71.7
71.3
71.8
72.0

277.5
276.7
277.4
278.4
277.8
278.5
278.0
278.1
280.0
280.9
280.2
279.8
279.3
279.1
278.5
280.2
279.4
279.3
279.8
279.3
280.3
280.1
280.9
280. 9
280.9
282.1
283.3
283.6
286.1
286.7
286.6
286.8
287.2
288.8
289.0
289.0
289.5
290.6
291.7
293.2
293.9
294.4
293.8
295.7
297.1
297.3
297.1
297.9
298. 9
300.0
301. 7
301.3

1
| TIME AND
| SAVINGS !
|
I
| 149.3
|
i 149.4
l
| 149.8
|
| 149.8
|
| 150.2
1
| 150.5
t
| 150.8
|
| 151.0
|
| 151.4
|
l
| 151.4
I 151.7
I
| 151.6
|
l 151.7
|
| 151.7
|
{
151.6
|
l 151.6
|
| 151.4
|
l 151.8
|
1
| 151.9
l
| 152.1
l, 152.0
l
|
| 151.9
|
l 151.8
I
I 151.9
l 152.0
|
|
| 152.2
| 152.9
|
1 153.5
|
| 154.2
|
|
| 154.9
| 155.1
|
| 155.6
|
| 156.2
|
| 156.7
|
\
| 157.2
| 157.7
|
| 158.1
|
| 158.5
J
| 159.0
|
1 159.4
|
| 160.0
|
|
| 160.5
| 161.2
|
| 161.7
|
|
l 162.0
| 162.4
I
| 162.8
|
l 163.5
|
| 164.3
|
l 164.9
|
| 165.3
|
l 165.0
|

PRIVATE DEMAND DEPOSITS
1
net
1
TOTAL
| INTERBANKI
1
1
123.0
|
9.1
122.1
|
9.0
122.8
|
8.9
122.6
|
9.2
122.6
l
8.9
122.6
l
8.3
8.5
122.2
l
122.7
J
8.5
122.1
|
8.6
123.0
|
8.2
122.9
|
8.3
8.4
122.9
|
122.7
|
8.2
122.6
l
8.3
8.5
122.2 ' |
124.3
|
8.2
123.3
|
8.5
123.2
i
8.4
123.5
|
7.9
123.6
|
8.0
124.2
J
8.3
124.1
|
8.1
125.0
|
8.2
124.7
|
8,6
125.1
|
8.7
125.1
J
8.7
126.9
|
9.1
126.1
|
9.5
126.5
|
9.0
126.3
|
9.3
126.5
|
8.9
126.8
|
8.8
126.5
|
8.8
9.0
126.9
J
126.7
|
8.7
126.8
|
8.6
127.1
|
8.9
126.9
|
9.2
126.9
l
9.2
128.1
|
9.2
9.4
127.8
J
128.5
J
9.1
127.6
|
9-2
128.2
|
9.2
129.7
J
9.4
9.7
129.2
|
130.1
|
9.7
130.0
|
9.1
9.7
130.8
|
130.8
|
9.7
9.7
131.1
|
131.1
|
9.9

OTHER
114.0
113.1
113.9
113.4
113.6
114.3
113.7
114.3
113.5
114.8
114.6
114.5
114.4
114.3
113.8
116.1
114.8
114.8
115.6
115.6
115.8
116.0
116.8
116.1
116.4
116.5
117.8
116.7
117.5
117.0
117.6
118.0
117.7
117.9
118.1
118.2
118.2
117.8
117.7
118.8
118.4
119.4
118.4
119.0
120.3
119.5
120.3
120.8
121.1
121.1
121.4
121.2

|
1
1
J
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
]
|
|
j
|
|
|
i
|
I
J
|
I
f
|
|
|
|
|
|
|
|
J
|
J
|
|
|
|
|
|
|

U.S.
GOVT
DEMAND
5.1
5.2
4.9
5.9
5.1
5.5
5.0
4.4
b. 5
6.4
5.7
5.3
4.9
4.8
4.7
4.3
4.7
4.3
4.3
3.7
4.1
4.1
4. 1
4.4
3-9
4.7
3.5
4.0
5.3
5.5
5.0
4.4
4.6
5.2
5. 1
4.4
4.2
5.2
5.8
5.7
6.1
5.5
5.0
5.8
5.4
5.7
4.2
4.4
3-8
4.3
5.3
5.2

TABLE 3
MEMBER BARK DEPOSITS AND RESERVES
SEASORALIY ADJUSTED

MEMBER BARK RESERVES

J
1
1
t
1

MILLIONS OF DOLLARS

TO T A L
1969

JAN
JAN
JAN
JAN
JAN
FIB
f EB
IEB
EE3
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JON
JON
JON
JOL
JOL
JOL
JOL
JOL
AOG
AUG
AOG
AOG
SEP
SEP
SEP
SEP
CCT
CCT
CCT
CCT
CCT
NCV
NCV
NCV
NCV
EEC
DEC
EEC
DEC
DEC

1...1
3... |
15---J
22...|
29__ |
5. . . 1
12...|
19...|
26... 1
5. . . |
12...J
19...|
26...|
2... |
9... |
16...J
23__ l
30...|
7...!
14...|
21...J
28... |
4... J
11...|
18... |
25... |
2... |
9... |
16...|
23...|
30...|
6...]
13...j
20...|
27...|
3. . . |
10...|
17...1
24...|
1...I
8... 1
15.... J
22...|
29... |
5... |
12... |
19... |
26... |
3... I
10...|
17...J
24...f
31 . . . |

—

27918.
27233.
27376.
27212.
26962.
27095.
27132.
27319.
27075.
27078.
26997.
26790.
26828.
26839.
26755.
26654.
27534.
27438.
27904.
27747.
27521.
27693.
27707.
27727.
27343.
27352.
27584.
27160.
27231.
27260.
26739i
27157.
27203.
27200.
27208.
27282.
27358.
27172.
27258.
27465.
27163.
27313.
27570.
27268.
27761.
27846.
27906.
27834.
27946.
28064.
28051.
27923.
28275.




t
r
M ON i
| BOR RONE D ! R E Q U IR E D
f
A
-I

f

»
1
1
1
1

1
1
1
1
!
1
1
1
1
1
1
1
1

1

f
1
1
I
1
1
1
1
1

1
1
1
1
1
1
1
1
1
1
1
1
\

1
1
1
1
1
1
1
1
1
1
1
1

26598.
26735.
26689.
26430.
26071.
26351.
26333.
26275.
26318.
26344.
26122.
26014.
25864.
25644.
25808.
25895.
26399.
26320.
26301.
26576.
26163.
26390.
26186.
26467.
26028.
26029.
2595026140.
25952.
25906.
25470.
26067.
25874.
25979.
26004.
26042.
26618.
26154.
26152.
26029.
26196.
25966.
26555.
26089.
26433.
26602.
26835.
26624.
26755.
26864.
27007.
26827.
27171.

I
I

I
I
I
i

I
I
I
I
I
I
I
I
I
I
I
i

I
I
I
l

I
I
I
I
I
I
l

I
I
I
I
I
I
I
I
I
I
I
I
!

I
I
I
t
I
I
I
1

1
1
1

27017.
27031.
27144.
26939.
26774.
26860.
2691 1.
26956.
26871.
26871.
26749.
26705.
26560.
26530.
26530.
26510.
27362.
27353.
27421.
27486.
27405.
27580.
27338.
27279.
27244.
27161.
27088.
27047.
27055.
26878.
26593.
26906.
26870.
27141.
26996.
26880.
26967.
27040.
27054.
27145.
27024.
27095.
27414.
27188.
27465.
27475.
27760.
27696.
27743.
27773.
27954.
27659.
27747.

I
1
1
1 MONETARY

1
1
1
1
1

1

1
1
1
1

1
1
1
1
1
1
1
1
1
1
1
1
!

I
1
1
1
1
1
1
1

1
1
\

I
1
1
!
i

1
1
1

1
1
1
1

1
1
1

1
1
1
1

1
\
\

1

B A SE

72.7
72.1
72.3
72.2
72.0
72.2
72.3
72.6
72.3
72.4
72.3
72.2
72.3
72.4
72-3
72.1
73.1
73.1
73.6
73.4
73.3
73.6
73.7
73.7
73.4
73.4
73.8
73.3
73.4
73.5
73.1
73.6
73.7
73.8
73.8
74. 1
73.9
73.9
74.0
74.3
74.1
74.4
74.7
74.4
74.9
75.0
75.1
75.1
75.3
75.4
75.5
75.4
75.9

-

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

1
t
!
f

BILLIONS OF DOLLARS

I
1
TO TA L
1
t
1 .

1

I
I

i
i
i
i
l
i

I
I

I
I
I
I
I
1
1

1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

1
1
i
i

1
1
1
1

J
1
1
1
1

J

1
\

1

300.9
300.3
299.2
299. 4
299. 1
298.8
298.6
299.0
297.4
296.9
296.2
296.1
295.9
295.4
295. 9
297.0
297.3
297.7
296.8
297.6
296.6
296. 2
295.9
295.4
295.3
294.6
294.5
293. 7
291. 4
292.3
291. 1
238.6
287.7
236.8
286. 8
287. 1
287.5
288.2
287.4
287.4
286.4
285.2
286.6
286.3
288. 4
288.5
288.9
288.6
290.0
288.3
289.1
288.2
288.0

|
r
i

i
i
i
i
i
i
i
i
i
i
i
i

i
i
i
i
i
i
i

i
i

i
i
<

i
i
i
i
i
i
i
i

i
i
i
i
i
i
i
i
i
i
1

!
i
i
i

i

P R IV A T E DEMAND D E P O S IT S

I

t

r
h it
r
t IN T E R B A N K I
1
1

r
r

T IM E AND n
S A V IN G S

TOTAL

i

164.7
163.7
163.3
162.7
162.4
162.1
162.0
161.7
161.6
161.4
161.1
160.9
160.8
160.9
160.8
160.7
160.5
160.3
160.1
159.9
159.7
159.5
159.1
158.6
158.3
158.1
157.6
157.0
156.2
155.4
154.6
153.5
152.8
152.4
152.1
151.9
151.8
151.8
151.6
151.5
151.0
150.7
150.6
150.6
150.7
150.5
150.4
150.4
150.6
150.7
150.9
150.7
150.5

1
1
1
1
t

1
1
1
1
I
1
1
1
1
1
1
1
1
i

1
1
1
1
1
1
1
1
1
1
1
1
1

1
1
1
1

1
I
1
1
1
1

1
1
1
1
1
1
1
1
1
1
1

131.5
131.8
131.9
131.7
131.2
131.4
131.4
132.1
131.5
131.9
.131.6
131.6
131.1
131.2
130.6
131.6
131 .5
131.3
130.7
131.2
131.3
131.4
131.9
132-0
132.0
131.6
132.4
131.8
132-1
131.9
131.8
131.0
131.4
131.6
131.3
131.9
131.6
131.6
130.9
131.4
131.6
131.5
132.2
132.0
132.7
132.8
133.2
132.6
132.9
132.1
132.6
132.2
133.0

I
I

I
I
I
l
\

I
!
I
l
I
t
I
I
l
I
I
!

I
I
I
l

I
I
1

1
1
I
1
1
i

1
1
\

1
1
1

1
1
1
1
1

1
1
1

1
1
1
1
1
1
1

9.7
9.7
9.8
9.4
9.5
9.0
9.3
9.4
9.1
9.2
9.1
8.7
8.7
9.4
8.4
9.1
9.2
9.4
9.0
9.3
8.9
9.0
9.4
9.5
9.8
9.5
10.1
9.9
10.0
9.7
9.6
9.6
10.0
10.0
10.3
10.5
10.5
10.3
10.5
10.4
10.4
10.2
10.5
10.8
11.1
10.9
10.9
11.2
11.5
11.5
11.5
11.6
10.8

1

1

1
1
1
I
1
1
I
1
1
1
!

I
1
1
1
1
1
I
1
1
1
i

I
I
1
\

1
1

1
1
1
1

1
1
1
1
1
1
1

J
1
\

l

1
1
1
1

J
1
1
1

OTHER
121.8
122.1
122.1
122.4
121.7
122.4
122. 1
122.7
122.4
122. 6
122.5
122.8
122.4
121.8
122.2
122.5
122.4
122.0
121.7
122.0
122. 4
122.4
122. 4
122.5
122.2
122.1
122.4
121.9
122. 1
122.2
122.2
121.5
121.3
121.6
121.0
121.4
121.1
121.4
120.5
121.0
121.2
121.3
121.7
121.2
121.7
121.8
122.3
121.4
121.4
120.6
121.1
120.7
122.2

I
I
I
l

I
I
I
i

I
I
I
I
I
I
I
I
I
I
I
I
l
I
I
I
I
l
I
I
1

1
1
1
1
!

1
1
1
1
1
1

1
1
1
I

J
1
I
1
1
1
1
1
1

U .S .
GOVT
DEMAND
4.7
4.8
4.0
4.9
5.5
5.3
5.2
5. 1
4.3
3.7
3.5
3.6
4.0
3.3
4.4
4.7
5.7
6. 1
6.0
6.4
5.6
5.3
4.9
4.7
5.0
4.9
4.5
4.9
3.1
5.0
4.6
4.1
3.5
2.9
3.5
3.4
4.0
4.8
4.9
4.5
3.8
2.9
3.9
3.7
5.0
5.2
5.2
5.7
6.6
5.5
5.5
5.3
4.4

TABLE 3
MEMBER BANK DE?GSITS AND RESERVES
SEASONALLT ADJUSTED

1
1
1
l_
1
1
1

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES

BILLIONS CF DOLLARS

MILLIONS CF DOLLARS
MONETARY
BASE
TOTAL

NONBORROWED

REQUIRED

J

TOTAL

1970

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
AFR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JON
JON
JOL
JOL
JUL
JOL
JOL
AOS
AOG
AOG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
CCT
CCT
OCT
NCV
NCV
NCV
NCV
EEC
DEC
EEC
EEC
DEC

J

I
I
| INTERBANK!
!
I
11.0
10.5
10.9
11.0
10.8
10.6
10.7
10.2
10.1
10.1
10.3
10.8
9.5
10.4
11.1
10.3
10.5
9.4
9.8
9.7
9.6
9.7
9.4
8.8
9.5
9.3
10.2
10.5
10.9
10.5
10.2
10.1
10.0
10.0
9.9
10.0
9.8
9.8
9.6
10.5
10.9
10.7
10.4
10.4
10.6
10.7
10.6
10.9
11.7
11.1
11.3
10.9

|
|
I
|
|
I
|
|
|
|
|
|
|
|
|
|
J
|
|
|
|
|
J
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
1
l

TOTAL

\

1
7. .. |
14...|
21...|
28... 1
4... |
11... J
18-- 1
25...1
4... |
11... |
18...|
25...1
1... I
8... |
15...|
22...|
29-- 1
6... |
13...|
20...J
27... 1
3.. . |
10...J
17... |
24...|
1. .. |
8...I
15...|
22... |
29...J
5... |
12...j
19...J
26...J
2-- |
9... |
16... |
23.. . |
30...|
7-- |
14...J
21...I
28...|
4... |
11... |
18... J
25...J
2... |
9... |
16... 1
23. . . |
30...|

PRIVATE DEMAND DEPOSITS
| TIME AND
| SAVINGS

27927.
27817.
28062.
27915.
28084.
27924.
27818.
27537.
27546.
27457.
27688.
27667.
27923.
27908.
28262.
28337.
27908.
28187.
27762.
27951.
27503.
27737.
27730.
27950.
27703.
27983.
27876.
28147.
28312.
28280.
28402.
28864.
28697.
28641.
28778.
29192.
29220.
28793.
29114.
28820.
28475.
28844.
28737.
28864.
28865.
28735.
28648.
29102.
28988.
29091.
29292.
29487.




27075.
26952.
27099.
26885.
26826.
26855.
26708.
26472.
26710.
26525.
26871.
26731.
26974.
27412.
27245.
27368.
27014.
27413.
26952.
26772.
26570.
26513.
26873.
27292.
26816.
26992.
26582.
26466.
26926.
27049.
27392.
27690.
28016.
27981.
28118.
28429.
28720.
28333.
28453.
28422.
28025.
28258.
28304.
28441.
28420.
28405.
28212.
28647.
28698.
28692.
28967.
29217.

27642.
27740.
27858.
27803.
27873.
27717.
27569.
27365.
27348.
27386.
27538.
27571.
27584.
27729.
28160.
28179.
27796.
27837.
27734.
27737.
27459.
27542.
27594.
27677.
27615.
27710.
27802.
27917.
28127.
28127.
28214.
28585.
28605.
28503.
28600.
28777.
28864.
28840.
28842.
28468.
28434.
28655.
28546.
28546.
28583.
28571.
28572.
28685.
28852.
28971.
29082.
29053.

75.5
75.5
75.8
75.7
76.0
75.8
75.7
75.5
75.6
75.5
75.8
75.9
76.2
76.2
76.6
76.8
76.6
77.0
76.7
77.0
76.5
76.8
76.8
77.1
76.9
77.2
77.1
77.5
77.7
77.7
77.9
78.4
78.3
78.3
78.5
78.9
79.0
78.6
79.0
78.8
78.5
78.9
78.9
79.1
79.1
79.0
79.0
79.5
79.5
79.7
80.0
80.2

|
|
|
|
|
|
l
I
|
|
|
1
|
|
|
1
i
|
|
|
I
|
|
|
|
|
|
|
1
J
|
|
|
|
i
J
J
|
|
[

|
|
|
|
|
|
|
|
|
|
1
1

288.7
288.1
288.3
287.3
286.1
285.1
285.5
285.6
286.7
287.3
287.7
289.2
291.9
293.4
291.3
293.0
292.2
292.1
290.8
291.9
291.7
292.0
292.1
292.9
293.7
295.4
298.0
299.5
300.7
303.1
303.9
304.6
305.7
306.7
308.0
308.6
309.5
311.0
311.0
313.1
313.4
314.0
314.4
314.9
315.8
317.1
318.4
319.8
321.4
321.9
322.9
322.2

|
|
|
|
|
|
|
|
|
|
|
i
|
|
|
|
|
|
|
|
|
t
1
1
|
1
|
|
|
|
t
|
|
|
|
i
|
|
l
|
|
|
|
|
|
|
|
|
1
I
|
|

149.9
149.2
148.8
148.6
148.6
148.7
149.0
149.2
149.5
149.9
150.3
151.0
151.8
152.7
153.2
153.9
154.1
154.3
154.4
154.7
154.7
154.7
154.7
155.0
155.6
157.1
159.3
160.7
162.0
163.1
164.0
164.8
165.4
166.3
167.3
168.5
169.4
170.4
171.0
171.6
172.4
173.1
173.5
174.1
174.8
175.5
176.3
177.1
178.3
179.2
180.0
180.4

134.1
134.2
134.6
133.8
133.0
131.7
131.6
130.9
132.1
132.1
132.5
132.6
133.9
134.0
133.5
134.0
133.7
133.8
133.2
133.5
132.5
133.2
132.4
132.6
131.9
132.5
133.4
133.5
133.5
133.9
133.8
133.7
134.3
133.8
134.5
133.7
134.9
134.5
134.3
135.7
135.3
135.7
135.2
135.5
135.6
135.8
135.5
136.5
136.4
136.8
136.5
136.1

OTHER
123.1
123.7
123.7
122.9
122-3
121.1
121.0
120.7
122.1
122.0
122.2
121.8
124.4
123.5
122.4
123.7
123.2
124.3
123.4
123.7
122.9
123.6
123.0
123.8
122.4
123.2
123.2
123.0
122.6
123.4
123.7
123.6
124.3
123.9
124.6
123.7
125.1
124.7
124.7
125.2
124.4
125.0
124.8
125.1
125.0
125.1
124.9
125.6
124.6
125.8
125.2
125.2

U.S.
GOVT
DEMAND
4.7
4.7
4.9
4.8
4.5
4.7
4.9
5.5
5.0
5.3
4.9
5.7
6.2
6.7
4.6
5.1
4.4
4.0
3.3
3.8
4.5
4.1
5.0
5.3
6.2
5.8
5.3
5.3
5.3
6.2
6.0
6.1
6.0
6.5
6.2
6.4
5.2
6.1
5.7
5.8
5.6
5.3
5.7
5.3
5.4
5.8
6.6
6.2
6.7
5.9
6.3
5.7

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
l
I
I
I
I
I
l
1971

JAN
JAN
JAN
JAN
FIB
l£B
EEB
JIB
MAE
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JON
JON
JON
JON
JOL
JOL
JOL
JOL
AUG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
SEP
CCT
OCT
CCT
CCT
NOV
NCV
NCV
NCV
EEC
DEC
EEC
DEC
DEC

1
6...I
13...|
20...|
27...|
3... |
10...|
17... |
24... |
3... J
10...|
17...|
24..•|
31... |
7...1
14...1
21...1
28...1
5... |
12...|
19...|
26...|
2... |
9...1
16...|
23.. . |
30... |
7__ I
14...J
21.. . |
28...1
4. • • |
11... |
18...!
25...|
1... |
8...|
15...|
22...!
29...|
6...!
13...!
20...|
27...J
3... |
10...1
17...!
24... |
1...!
8-- 1
15... |
22-- I
29...|

MEMBER BANK BESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

TOTAL

29669.
28974.
29387.
29412.
29499.
29586.
29884.
29859.
29666.
29668.
30033.
29707.
30080.
29908.
29704.
29734.
29977.
30380.
30040.
30104.
30270.
30338.
30205.
30491.
30275.
30465.
30391.
30246.
30788.
30690.
31133.
30640.
30826.
30513.
30987.
31244.
31292.
30838.
31249.
30990.
30734.
31028.
30718.
31213.
30844.
31160.
30926.
31490.
30999.
31200.
31102.
31610.




I
NONI
! BOBROV ED
I
!
1 29262.
1 28697.
! 28915.
1 29058.
1 29216.
1 29339.
1 29323.
1 29609.
1 29408.
1 29247.
1 29743.
1 29374.
J 29823.
! 29711.
1 29554.
1 29650.
I 29801.
j 30206.
29941.
29798.
i
i 30003.
29692.
»
i 30052.
30088.
i
i 29656.
29715.
i
! 29730.
29255.
J
1 29667.
1 30145.
1 30369.
1 30047.
! 29647.
1 29742.
! 30281.
1 30479.
! 30835.
1 30509.
30825.
J
1 30681.
1 30285.
1 30696.
1 30305.
1 30997.
1 30722.
1 3C873.
1 30388.
30785.
1
1 30940.
1 31175.
1 30961.
! 31394.

BILLIONS CF DOLLARS
MONETARY
BASE

REQUIRED
29093.
28942.
29295.
29130.
29262.
29381.
29587.
29542.
29496.
29586.
29768.
29639.
29704.
29631.
29496.
29653.
29929.
30015.
29810.
30002.
30096.
30053.
30132.
30225.
30065.
30233.
30114.
30241.
30506.
30623.
30699.
30613.
30602.
30422.
30663.
31039.
31045.
30899.
30906.
30776.
30685.
30818.
30667.
30817.
30834.
30972.
30782.
30900.
30856.
30996.
31131.
31296.

I
TOTAL

80.5
79.9
80.4
80.5
80.6
80.7
81.3
81.2
81.1
81.1
81.5
81.3
81.8
81.6
81.5
81.7
81.5
82.4
82.2
82.3
82.6
82.7
82.6
83.0
82.9
83.2
83.2
83.3
83.9
83.9
84.4
83.9
84.2
83.9
84.5
84.7
84.9
84.5
85.0
84.8
84.6
84.9
84.7
85.2
84.8
85.1
85.0
85.6
85.2
85.5
85.4
86.0

325.1
325.0
326.5
328.3
330.0
330.7
331.3
332.5
334.3
334.5
335.9
335.8
335.0
336.2
338.3
339.4
338.5
339.7
340.8
341.2
341.7
342.6
342.3
343.5
343i5
344.3
346.7
347.8
348.4
347.9
347.7
346.9
348.9
350. 9
351.2
351. 1
351.5
351.5
351.3
352.7
353.0
354. 1
354.5
355.8
355.0
356.4
356.6
357.8
359.4
361.0
362. 8
362. 1

! TINE AND
| SAVINGS 1
!
1
| 181.2
|
|
i 182.1
|
| 183.2
l 184.2
!
J 185.2
I
| 186.5
}
| 187.2
|
| 188.0
!
| 189.4
!
I 190.6
|
! 191.9
I
l 192.5
I
| 192.8
|
I 192.9
t
1 193.2
|
1 193.0
|
| 193.7
|
| 194.1
|
I 194.7
(
| 195.2
!
| 195.7
|
!
|
196.2
1 196.6
I
|
196.9
|
!
197.6
|
|
198.2
|
1 198.7
|
|
199.2
|
1 199.4
I
| 199.7
|
| 199.8
|
! 199.8
|
! 200.1
|
! 200.5
|
J
! 200.9
| 201.5
!
|
1 201.8
i 202.4
1
| 203.4
|
|
I 204.3
| 205.0
|
|
| 205.6
! 206.2
!
| 206.6
!
|
1 207.2
|
! 207.9
J 208.8
J
|
| 209.5
| 210.6
!
|
| 211.2
| 211.5
|
| 212.3
l

PRIVATE DEMAND DEPOSITS

|

1
NET
|
t INTERBANK!
1
J
11.3
11.7
11.9
12.0
12.2
11.7
11.2
12.0
11.9
11.7
11.5
11.9
11.4
12.2
10.6
12.7
12.0
11.8
11.3
11.3
11.0
11.9
11.9
11.6
11.6
11.7
12.6
12.7
12.6
12.9
12.5
12.0
12.3
11.7
12.0
12.2
11.9
12.3
12.2
12.7
12.9
13.1
13.2
13.5
13.3
13.3
13.1
13.8
12.8
13.2
13.0
12.6

|
|
1
!
|
J
!
|
|
|
|
!
J
!
J
|
|
!
|
!
!
!
(
|

TOTAL
138.2
137.4
138.1
137.9
138.5
138.4
138.3
139.0
139.5
139.2
139.4
139.4
138.9
139.8
139.9
140.3
139.8
140.5
141.1
141.1
141.4
141.5
141.3
141.9
141.4
141.6
142.7
142.6
143.0
142.9
142.6
142.4
142.5
142.6
142.6
142.2
142.7
143.1
142.1
143.0
143.1
143.7
143.2
144.3
143.4
144.3
143.8
144.4
144.0
144.7
144.8
143.8

OTHER
126.9
125.7
126.2
126.0
126.3
126.7
127.1
127.0
127.6
127.5
127.9
127.5
127.5
127.6
129.3
127.6
127.8
128.8
129.8
129.8
130.4
129.6
129.4
130.3
129.8
129.9
130.0
129.9
130.4
130.1
130.1
130.3
130.3
130.9
130.6
130.0
130.8
130.7
130.0
130.3
130.2
130.6
130.0
130.8
130.1
131.0
130.7
130.7
131.2
131.5
131.8
131.2

»
!
|
|

|
I

|
(
!
|
|
!
|
|
|
|
(
|
|
J
I
|
(
l
|
!
t
!
l
|
|

U.S.
GOVT
DEMAND
5.7
5.5
5.2
6.1
6.2
5.8
5.8
5.5
5.4
4.7
4.6
3.8
3.3
3.6
5.3
6.0
5.1
5.0
5.0
5.0
4.5
4.9
4.4
4.6
4.5
4.6
'5.3
6.0
6.0
5.2
5.3
4.8
6.3
7.8
7.7
7.4
7. 1
6.0
5.8
5.4
4.9
4.8
5.1
4.9
4.4
4.2
4.1
3.9
4.8
5.0
6.5
6.0

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
MEMBER BANK RESERVES

1
1
1
*
1
1

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS CF DCLLABS

BILLIONS CF DCLLARS
MONETARY
BASE

TOTAL

NONBORROWED

REQUIRED

31787.
31445.
31760.
31629.
31902.
31701.
32031.
31760.
31748.
31677.
32265.
31653.
32305.
32523.
32437.
32250.
32200.
32287.
32432.
32630.
32409.
32482.
32864.
32699.
32908.
32548.
32797.
32618.
32828.
32823.
32993.
33169.
33247.
32957.
33038.
33067.
32968.
32722.
32648.
33271.
33316.
33465.
33079.
33492.
33137.
31778.
30277.
30504.
30715.
30500.
30171.
30202.

31532.
31357.
31556.
31449.
31673.
31693.
31738.
31644.
31733.
31604.
31885.
31901.
32173.
32290.
32285.
32352.
32261.
32268.
32328.
32475.
32386.
32648.
32591.
32684.
32755.
32553.
32781.
32622.
32854.
32916.
33114.
33326.
33375.
33265.
33238.
33108.
33232.
33233.
33161.
33477.
33493.
33778.
33694.
33842.
33972.
31486.
30507.
30736.
30968.
31061.
31186.
31131.

|

TOTAL

1
5.. • 1
12.. • 1
19.. •1
26.. .1
2.. .1
9.. -i
16.. .1
23.. • 1
1.. • 1
8.. -1
15.. -I
22.. -1
29.. • 1
5.. • 1
12.. • 1
19.. • 1
26.. • f
3.. -1
10.. .1
17.. • I
24.. -1
31.. -1
7.. .1
14.. - 1
21.. .1
28.. • 1
5.. .1
12.. -1
19.. -!
26.. • 1
2.. -1
9.. • 1
16.. • 1
23.. • 1
30.. - 1
6.. .1
13.. -1
20.. -1
27. • . 1
4.. • 1
11.. .»
18.. - 1
25.. . I
1.. .1
8.. • 1
15.. .1
22.. -i
29.. • I
6.. -1
13.. -1
20. • -1
27.. • 1

31844.
31462.
31774.
31641.
31918.
31743.
32049.
31774.
31815.
31780.
32278.
31768.
32458.
32664.
32451.
32293.
32479.
32404.
32519.
32669.
32472.
32736.
32922.
32793.
32967.
32677.
33109.
32845.
33001.
32995.
33356.
33456.
33629.
33305.
33515.
33904.
33117.
33439.
33198.
33707.
33851.
33899.
33844.
34047.
34096.
32272.
30696.
31076.
31304.
31305.
31392.
31320.




86.5
85.9
86.4
86.3
86.7
86.6
87.0
86.8
87.0
87.0
87.6
87.2
87.9
88.1
87.9
87.8
88.1
88.1
88.2
88.5
88.4
88.8
89.0
88.9
89.2
89.0
89.4
89.3
89.5
89.5
90.0
90.1
90.4
90.2
90.6
90.9
90.3
90.7
90.6
91.2
91.4
91.7
91.7
92.1
92-1
90.5
89.0
89.6
89.8
90.0
90.2
90.2

I
|
l
|
|
|
|
|
(
|
1
|
|
|
I
|
|
|
|
|
|
1
|
|
I
1
1
|
|
|
!
I
|
f
|
|
[

|
|
I
|
|
|
|
1
|
I
|
|
|
|
|

363.2
363.3
365.1
365.5
366.2
366.0
366.7
367.1
368.8
368.9
370.7
371.4
371.6
372.3
372.1
372.8
373.8
375.3
374.7
376. 8
376.5
377.4
379.0
377.8
380.0
379.2
381.6
382.4
383.9
385.6
386.4
386.5
387.3
386.6
387.8
388.1
388.7
390.7
391.1
393.6
393.5
395.3
396.6
397.4
398.2
397. 8
400.0
401.2
402.3
402.3
403.3
403.5

PRIVATE DEMAND DEPOSITS

|

TOTAL

NET
INTERBANK

l
|
t
|
|
|
|
I
|
l
|
|
I
|
I
|
1
|
|
|
f
|
!
|
|
1
|
|
t
|
I
|
|
»
|
|
l
I
I
|
|
I
|
|
|
1
I
|
|
|
|
l

144.5
144.6
145.1
145.4
145.5
144.7
145.7
145.5
146.4
146.3
147.5
147.8
147.2
147.8
147.1 „
147.3
147.4
147.7
147.0
148.3
147.4
147.8
148.7
148.3
149.0
148.4
149.7
150.7
150.8
150.8
151.2
150.2
150.7
151.1
151.2
151.8
151.9
152.3
151.7
152.8
153.0
153.3
153.3
153.8
153.2
152.9
153.?
152.9
154.0
154.4
155.2
154.8

11.8
12.6
12.7
13.1
12.4
12.4
12.8
13.0
12.4
11.9
11.9
10.7
10.6
10.0
10.6
10.4
10.7
10.5
10.1
10.2
10.2
9.8
10.6
10.5
10.6
10.4
10.6
11.4
11.3
11.6
11.2
10.7
10.6
11.0
10.7
10.2
11.0
11.0
10.9
11.0
11.4
11.2
11.0
10.9
10.8
9.9
10.0
9.5
9.6
10.4
10.3
9.8

| TIME AND
| SAVINGS

[

JAN
JAN
JAN
JAN
fEB
FEB
IEB
fEB
BAR
MAR
HAR
HAR
HAR
APR
APR
APR
APR
HAY
KAY
HAY
MAY
HAY
JON
JUN
JON
JON
JOL
JOL
JOL
JOL
AOS
AOG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
CCT
CCT
CCT
CCT
NCV
NCV
NCV
NCV
NOV
EEC
EEC
EEC
DEC

|

|
l
|
|
I
1
I
|
|
|
|
|
|
|
|
|
|
|
l
|
|
1
|
|
1
|
|
|
|
|
|
|
\

I
1
I
|
|
|
|
|
|
I
I
I
1
l
|
1
I
1
}

212.5
213.0
213.6
214.3
215.0
215.6
216.0
216.9
217.3
217.3
217.5
217.2
217.7
218.0
218.4
219.3
220.3
220.9
221.4
221.8
222.3
222.9
223.7
224.3
224.9
225.6
226.3
226.6
227.3
228.0
228.6
229.5
230.3
230.9
232.0
232.4
233.2
233.3
233.8
234.6
234.8
235.6
236.3
236.9
238.4
239.1
240.1
240.8
241.1
241.7
242.4
243.2

j

OTHER

|

132.6
132.1
132.5
132.3
133.1
132.4
132.9
132.5
134.0
134.4
135.7
137.1
136.6
137.8
136.5
136.9
136.7
137.3
137.0
138.1
137.2
138.0
138.1
137.8
138.4
137.9
139.1
139.3
139.5
139.3
139.9
139.5
140.2
140.1
140.6
141.6
140.9
141.2
140.8
141.8
141.7
142.1
142.3
142.8
142.4
143.0
143.2,,
143.4
144.3
144.0
145.0
145.0

|
1
1
|
l
|
|
|
J
|
|
|
|
|
|
|
|
l
|
|
I
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
)
|
f
J
l
\

J
\

U.S.
GOVT
DEMAND
6.3
5.7
6.4
5.8
5.7
5.7
5.0
4.7
5.1
5.3
5.7
6.5
6.7
6.5
6.5
6.2
6.2
6.6
6.3
6.7
6.7
6.7
6.6
5.2
6.0
5.3
5.6
5.1
5.8
6.8
6.6
6.9
6.3
4.7
4.6
3.9
3.6
5.2
5.6
6.2
5.6
6.5
7.0
6.7
6.5
5.7
6.7
7.5
7.2
6.2
5.6
5.5

TABLE 3
MEMBER BANK DEPOSITS AMD RESERVES
SEASONALLY ADJUSTED
1
1
1
u
1
1
1
1
JAN
JAN
JAN
JAN
JAN
FIB
FIB
FIB
FIB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
HAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SIP
SIP
SEP
SEP
CCT
CCT
OCT
CCT
CCT
NCV
NCV
NCV
NCV

MEMBER BANK RESERVES
MILLIONS OF DOLLARS

TOTAL

3...|
10...|
17...|
24...|
31... |
7... J
14 . . . \
21...I
28. . • j
7. .. |
14... |
21... |
28...|
4... 1
11... I
18...|
25...J
2... |
9... |
16...|
23...|
30...J
6... |
13...|
20... |
27... 1
4...|
11... |
18... |
25... |

31IS0.
31342.
31997.
31328.
31950.
31591.
31715.
31952.
31525.
32280.
31802.
32173.
32023.
32604.
31893.
32315.
32210.
32053.
31973.
32521.
3210632271.
32477.
32106.
32543.
32550.
33282.
32650.
33354.
33667.
34160.
1
8... | 33814.
15...| 34170.
22...| 33969.
29...1
34219.
5...|
34595.
12...| 34140.
19...| 34256.
26... 1 34273.
3. • . | 34632.
10...| 35035.
17...1
34824.
24...| 35302.
31...f 35167.
7... | 34969.
14... 1 35079.
35155.
21...1
28...| 34709.
5... | 35096.
tie
EEC 12...| 34623.
EEC 19...1
35050.
EEC 26...| 35208.

...|




NONBORROVID

REQUIRED

30(5997
30651.
30704.
30234.
30640.
30359.
29723.
30282.
30046.
30595.
30311.
30034.
30012.
30849.
30394.
30467.
30564.
30179.
30489.
30706.
30418.
29871.
30813.
30406.
30615.
30701.
30882.
30971.
31632.
31587.
32065.
31809.
32254.
31835.
31661.
32234.
32653.
32550.
32083.
33112.
33682.
33662.
33387.
33712.
33798.
33558.
33587.
33422.
33618.
33320.
33562.
34169.

31272.
31197.
31668.
31361.
31495.
3147331526.
31447.
31546.
31944.
31777.
31925.
31935.
32068.
31984.
32078.
31872.
31822.
32054.
32181.
32012.
32126.
32133.
32104.
32399.
32330.
32650.
32656.
32897.
33654.
33661.
33739.
33856.
33930.
34096.
34105.
33996.
34107.
34189.
34175.
34615.
34904.
34895.
34993.
34712.
34933.
34786.
34643.
34658.
34651.
34739.
34736.

I
!
I
MONETARY 1
BASE
1
I
1
1
1
90.9
1
90.4
I
91.1
90.5
1
91.2
I
90.9
1
91.2
1
91.5
1
91.1
1
91.9
1
91.6
1
92.1
1
92.0
1
92.7
1
92.1
1
92.7
1
92.7
92.7
1
92.7
1
93.4
1
93.0
1
93.3
1
93.6
1
93.3
1
93.9
J
94.0
1
94.7
i
94.2
1
94.9
1
95.3
1
95.9
1
95.5
1
96.1
1
95.9
1
96.3
1
96.7
1
96.4
1
96.6
1
96.7
1
97.1
1
97.6
1
97.5
1
98.0
1
98.1
1
97.8
1
98.1
J
98.3
I
98.0
1
98.4
1
98.1
1
98.7
1
99.0
1

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
BILLIONS OF DOLLARS

TOTAL
406.5
404.7
406.0
406.3
407.3
407.7
409.6
412.8
412.9
415.0
416.3
417.8
418.1
419.2
418.6
418.9
420.4
421.5
421.2
422.7
423.3
423.5
425.3
424.9
426.8
427.4
428.8
429.1
429.6
430.8
432.6
434.4
436.2
437.1
436.5
437.1
437.9
438.3
438.2
440. 1
440.3
441.5
440.0
441.7
441.2
440.5
440.6
441. 1
441.8
441.9
443. 1
445.7

1
1 TIME AND
| SAVINGS
1
1
1 243.4
1 243.3
1 243.8
1 244.3
1 245.4
1 246.8
1 248.5
1 249.6
1 251.2
1 252.9
1 254.5
1 255.9
I 257.2
1 258.2
1 259.3
1 260.3
1 260.4
1 261.1
1 262.0
1 263.0
1 263.9
1 264.3
1 264.2
I 265.0
I 264.7
I 265.6
1 266.6
1 267.0
1 263.0
1 269.4
1 271.4
1 273.8
1 275.5
1 277.1
1 277.5
1 277.9
1 278.0
1 278.7
1 278.8
1 278.3
1 278.1
1 278.2
1 278.7
! 279.3
1 278.8
1 278.7
1 278.6
1 279.1
1 279.8
1 280.1
1 280.4
1 280.5

PRIVATE DEMAND DEPOSITS
1
1
U.S.
1
1
GOVT
NET
1
1
1
1
DEMAND
INTERBANK!
OTHER
TOTAL
|
1
1
1
I
1
— I6.6
10.5
1 156.5
I
1 146.0
1
6.4
9.5
1 155.0
I
1 145.4
1
9.6
6.2
1 156.0
I
1 146.4
1
6.5
9.3
1 155.5
I
1 146.2
1
9.6
6.6
1 155.3
I
1 145.7
1
5.7
9.2
1 155.2
1
I 146.0
1
6.8
9.1
1
1 154.3
1
1 145.2
7.9
155.3
9.1
1
1
1 146.2
1
7.4
9.2
1
1 154.3
I
1 145.2
145.8
7.8
8.6
1 154.4
1
1
1
7.8
8.7
1
1 •154.0
1
1 145.3
145.4
7.9
8.6
I 154.0
1
1
!
8-0
152.8
8.7
144.2
1
1
1
1
7.8
9.5
153.1
1
I
! 143.6
1
6.6
9.4
1 143.2
1
1 152.7
1
5.7
9.2
I 152.9
1
1 143.7
1
6.5
8.8
1 153.4
1
1 144.6
i
9.0
6.1
1 154.3
I
1 145.3
1
8.7
5.5
1
1 153.7
1
1 145.0
5.4
8.9
1 154.4
1
1 145.4
1
5.3
9.1
I54.2
1 145.1
1
!
I
5.3
I53.9
8.5
145.3
!
1
1
1
5.5
9.1
1 155.6
1 146.5
1
1
4.3
155.6
9.2
1 146.4
1
1
1
6.0
9.4
I 146.7
1
1 156.1
1
6.2
9.3
1 155.6
1
1 146.3
1
6.1
9.7
I 156.2
1
1 146.5
1
5.0
157.1
146.8
10.3
1
1
1
1
4.7
10.0
1
1 156.8
1
1 146.8
5.1
9.8
1
1 156.3
!
1 146.5
5.1
9.5
1 156.2
1
1 146.6
!
146.4
4.8
155.8
9.3
1
1
1
1
9.4
4.3
1 147.0
1
1 156.5
1
4.1
9.0
1 147.0
1
1 155.9
1
3.7
9.5
1
1 145.9
1
1 155.3
3.7
I55.5
9.6
1
I
1 145.9
I
3.9
156.0
9.7
146.3
1
1
1
I
3.7
155.9
9.1
1
1
1 146.8
1
9.4
4.2
1
1 155.1
!
1 145.8
5.0
10.1
1 146.8
1
1 156.8
1
5.7
I56.4
9.9
1
1 146.5
1
!
5.9
147.7
157.5
9.8
1
1
1
1
146.4
5.5
9.4
1
1
1
1 155.8
5.5
10.0
1 156.9
!
1 146.9
1
5.0
147.1
10.3
1
1 157.4
i
1
4.0
157.7
147.2
10.5
I
1
1
1
3.9
10.5
1 158.0
1
1 147.5
1
3.8
10.6
1 158.2
1
1 147.6
1
4. 1
10.6
1
1 158.0
1
1 147.4
3.4
10.4
1
1 153.5
1
1 148.1
10.4
4.2
I 148.1
1
1 158.5
1
5.4
11.4
1 159.8
1
1 143.3
1

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES

BILLIONS OF DOLLARS

MILLIONS OF DOLLARS
MONETARY
BASE
NONBOR RON ED

TOTAL
1974

JAN
JAN
JAN
JAN
JAN
FEB
EEB
EEB
EEB
MAR
BAR
MAR
BAR
APR
APR
APR
APB
BAY
MAY
MAY
BAY
NAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CC1
OCT
CCT
CCT
CCT
NCV
NCV
NCV
NCV
EEC
DEC
DEC
DEC

2... |
9... |
16.,.. |
23...!
30... I
6... |
13... |
20. . . |
27... |
6... |
13... |
20... 1
27...!
3...I
10...|
17... 1
24...1
1... |
3. .. |
15...I
22..
29...J
5... |
12...!
19...!
26...!
3... 1
10...1
17...J
24...1
31... 1
7... J
14...|
21... !
28...!
4... |
11... |
18-..!
25...|
2...|
9... !
16...|
23...|
30...!
6...I
13...J
20...1
27. .. J
4... 1
11...1
18...J
25...|

34945.
35128.
35591.
35122.
35464.
35234.
35413.
35305.
35217.
35055.
35216.
3545.6.
35163.
35550.
3534 0.
35980.
35759.
36242.
36078.
36400.
36429.
36586.
36682.
36503.
36948.
36809.
37194.
37C79.
37384.
37168.
37179.
37224.
37279.
37398.
37443.
37691.
37390.
37543.
37101*
37443.
36886*
37311.
36505.
36892.
37170.
36716.
36776.
36968.
37102.
3652.3.
36470.
36588.




1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
!
»
1
1
1
i
!
1

33735.
34352.
34603.
33940.
34244.
34236.
34260.
33929.
33966.
34143.
34233.
33973.
33450.
34047.
34146.
34164.
33820.
34085.
34462.
34423.
33339.
32980.
33628.
33774.
33725.
34021.
33759.
34439.
34209.
33527.
33489.
34135.
34238.
33961.
33910.
33785.
34306.
34622.
33570.
34225.
34641.
35567.
35183.
35254.
36045.
35619.
35409.
35489.
3603235875.
35652.
35926.

PRIVATE DEMAND DEPOSITS
TOTAL

REQUIRED

I
I
I
I
I
I
I
I
!
I
I
I
I
I
i
I
1
1
1
1
i
1
!
!
1
1
!
1
1
1
1
!
J
!
1
1
1
1
1
!
1
i
1
1
1
1
1
1
1
I
1
1

34557.
3504235263.
35205.
35205.
35110.
35119.
35191.
35011.
34937.
35100.
35376.
34994.
35324.
35278.
35651.
35620.
36065.
35943.
36224.
36300.
36407.
36457.
36372.
36701.
36710.
36825.
36801.
37400.
37053.
36995.
36996.
37166.
37189.
37297.
37370.
37281.
37461.
37027.
36987.
36941.
36984.
36664.
36649.
36847.
36572.
36749.
36658.
36819.
36682.
36253.
36159.

TIME AND
SAVINGS

1
1
!
1
!
1
I
1
1
1
!
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
1
1

98.9
99.1
99.8
99.4
99.9
99.8
100.1
100.1
100.2
100.2
100.5
100.8
100.6
101.2
101.0
101.9
101.8
102.4
102.3
102.8
102.9
103.2
103.4
103.3
103.8
103.7
104.2
104. 1
104.5
104.3
104.6
104.7
105.0
105.2
105.4
105.8
105.6
105.8
105.5
106.1
105.6
106.3
105.6
106.1
106.5
106*3
106.4
106.7
107.0
106.5
106.6
106.8

!
I
I
!
1
1
!
1
1
1
1
1
1
!
1
1
1
1
1
1
1
1
I
1
1
1
1
1
!
1
1
!
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1

447.4
447.3
448.0
448. 7
449.2
450.1
449.3
448.9
450.2
451.8
449.6
451.4
452.0
455.3
456.5
459.8
460.2
462.5
463.4
464.6
465.5
465.9
468.3
468.5
469.9
470.4
474.2
473.1
473.3
474.1
475.7
476.4
477.6
478.5
478.4
479.4
480.2
480.5
480.8
482.1
480.6
480.7
481.8
480.5
483. 1
483.3
484.3
484.2
485.9
486.6
488.0
488. 1

l
i
I
I
I
I
I
I
1
1
I
1
1
1
1
1
1
!
1
1
1
1
1
1
1
1
1
!
1
i
1
1
1
1
!
1
!
I
1
1
1
1
1
1
i
1
1
1
1
1

281.4
281.6
282.4
283.9
284.8
285.5
286.0
286.4
286.8
286.8
287.0
287.2
288.6
290.6
293.3
295.0
297.0
298.4
299.7
300.8
301.8
303.4
304.2
304.9
305.9
306.7
307.5
308.3
309.6
311.3
312.6
313.4
314.6
315.3
316.0
316.5
317.0
317.0
317.4
317.9
318.2
318.4
319.0
318.9
319.5
320.0
319.8
320.1
320.3
321.9
323.4
324.7

I
I
I
1
1
1
1
1
1
1
1
1
1
»
1
I
1
»
1
1
1
1
1
1
I
1
1
1
1
1
1
1
!
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1

TOTAL

NET
INTERBANK

159.8
159.0
159.3
158.7
158.3
158.7
158.8
158.8
158.9
160.0
158.8
159.4
159.0
159.9
159.0 *
160.7
159.1
159.1
158.4
158.8
159.0
158.1
159.9
159.6
159.7
158.9
161.4
160.0
160.0
159.0
159.5
159.3
159.3
159.1
158.3
159.3
159.5
159.3
159.1
159.9
158.9
159.3
159.8
158.7
160.7
160.4
161.5
160.8
162.4
161.6
161.4
159.9

11.1
11.1
11.0
10.9
11.1
10.6
10.5
9.9
10.2
10.5
10.1
11.0
10.8
11.4
11.1
11.1
11.3
11.6
10.8
10.9
10.4
11.0
11.5
11.8
11.9
11.2
13.4
12.7
11.9
11.5
11.5
11.1
10.8
10.8
10.4
10.9
11.1
11.0
10.8
11.0
10.9
11.6
12.0
10.7
11.5
11.3
11.7
11.8
12.8
12.9
12.8
12.5

U.S.
GOVT
DEMAND

OTHER
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
1
\

1
I
1
1
1
1
1
1
I
1
1
1
1
1
1
!
!
1
1
1
1
1
1
1
1

148.6
147.8
148.3
147.8
147.2
148.1
148.3
148.9
148.7
149.4
148.7
148.5
148.2
148.4
147.9
149.7
147.8
147.5
147.6
147.9
148.6
147.1
148.4
147.8
147.8
147.8
147.9
147.3
148.1
147.5
148.0
148.3
148.6
148.4
147.9
148.3
148.4
148.3
148.3
148.9
148.0
147.7
147.8
148.0
149.2
149.1
149.8
149.0
149.6
148.7
148.5
147.4

!
I
I
!
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
!
!
1
I
I
!
I
1
1
1
1
1
1
I
1
!
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

6.3
6.8
6.3
6.1
6.1
5.8
4.5
3.7
4.5
5.1
3.7
4.7
4.4
4.9
4.3
4.1
4.0
5.0
5.3
5.0
4.6
4.4
4.2
4.0
4.3
4.8
5.4
4.8
3.7
3.7
3.6
3.7
3.7
4.1
4.1
3.6
3.7
4.1
4.2
4.3
3.5
3.0
3.0
2.9
2.8
2.8
3.0
3.3
3.2
3.0
3.3
3.4

TABLE 3
MEMBER BASK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
MEMBER BANK BESEBVES
1
1
1
1
1
1
1975

JAN
JAN
JAN
JAN
JAN
IEB
E1B
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
HAT
MAT
MAY
MAY
JUN
JUN
JUN
JON
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
CCT
CCT
CCT
CCT
NOV
NCV
NCY
NOV
EEC
DEC
DEC
DEC
DEC

1..
8..
15,.
22..
29..
5..
12..
19..
26..
5..
12..
19..
26..
2..
9..
16..
23..
30..
7..
14..
21..
28..
4..
11..
18..
25..
2..
9..
16..
23..
30..
6..
13..
20..
27..
3..
10..
17..
24..
1..
8..
15..
22..
29..
5..
12..
19..
26..
3..
10..
17..
24..
31..

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS CF DOLLARS
MONETARY
BASE

TOTAL

36847.
36319.
36289.
36500.
36370.
36567.
36241.
\
1 35126.
1 34976.
1 35252.
1 35100.
1 34865.
i 35159.
1 35266.
* 35088.
! 35198.
1 34892.
1 34919.
I 34882.
1 34577.
1 34 770.
1 34612.
1 34956.
1 34438.
1 35205.
34882.
\
1 35280.
1 34859.
1 34821.
1 34697.
1 34866.
1 34729.
1 34536.
1 34812.
1 34833.
I 34942.
1 34732.
1 35018.
1 34797.
1 35228.
1 34532.
1 34860.
1 34525.
1 34806.
35080.
\
34034.
\
34623.
r
34807.
i
i 34920.
34624.
i
34763.
i
34459.
i
34708.
i

1
1
1
1
1
1




NONBORROWED

REQUIRED

36286.
36008.
35680.
35906.
36228.
36469.
36151.
34897.
34796.
35182.
35040.
34698.
35004.
35215.
35058.
35176.
34727.
34678.
34848.
34560.
34649.
34528.
34872.
34400.
35128.
34694.
34409.
34637.
34619.
34315.
34613.
34549.
34357.
34608.
34561.
34720.
34347.
34691.
34402.
34647.
34293.
34687.
34292.
34711.
35013.
33995.
34565.
34733.
34853.
34594.
34718.
34240.
34455.

36270.
36182.
36331.
36314.
36196.
36172.
36182.
34968.
34817.
34843.
34870,
34845.
35015.
34987.
34970.
34979.
34822.
34730.
34571.
34578.
34699.
3444 6.
34622.
34474.
34871.
34791.
34884.
34 726.
34748.
34494.
34585.
34530.
34520.
34601.
34537.
34641.
34738.
34751.
34764.
34 766.
34556.
34547.
34496.
34520.
34216.
34022.
3443 8.
34595.
34591.
34458.
34516.
3424 8.
34294.

TOTAL

PRIVATE DEMAND DEPOSITS

|

|
NET
|
| INTERBANK|
1
1
13.2
I
12.4
I
12.4
I
12.2
l
12.3
I
12.1
I
11.9
I
12.3
I
12.4
I
11.9
I
12.2
1
12.2
\
12.3
11.5
1
12-0
\
11.9
1
11.5
!
11.6
I
11.1
t
10.9
1
11.3
1
10.5
1
12.2
I
11.6
1
11.4
1
11.5
1
11.5
1
11.1
1
11.3
1
11.6
I
11.8
1
11.1
1
11.4
1
11.6
1
11.6
1
11.6
1
11.7
1
11.4
1
11.8
1
11.6
1
12.1
1
11.4
1
11.6
12.0
1
12.2
1
12.6
1
12.2
1
11.9
1
13.3
1
12-2
!
12.5
1
12.2
1
11.4
!

1
!
1
|
|
|
|
l
J
|
|
I
|
|
|
|
|
|

| TIME AND
| SAVINGS
TOTAL

107.3
106.8
106.9
107.2
107.2
107.4
107.1
106.1
106.2
106.6
106.7
106.6
107* 0
107.0
106.7
106.7
106.6
106.9
107.0
106.9
107.3
107.3
107.9
107.6
108.6
108.4
108.9
108.5
108.6
108.6
108.9
108.9
108.8
109.2
109.3
109.5
109.3
109.6
109.5
110.0
109.4
109.9
109.8
110.2
110.6
109.7
110.4
110.7
111.0
110.8
111.1
110.8
111.3

489.5
490.0
490.3
490.6
490.9
490.2
489.8
490.4
491.0
490.7
492.3
492.8
493.1
493.7
492.8
492.5
492.0
492.2
493.0
492.6
493.9
493.4
496.3
496.7
497.9
497.3
497.8
496.5
497.2
496.9
496.8
497.7
497.6
498.0
498.6
499.3
500.1
500.4
499.8
500.2
500.2
501.2
501.8
501.2
503.9
505.7
506.3
506.0
506.7
505.2
505.2
504.6
504.9

I
]
|
|
|
|
I
|
|
|
|
|
|
I
|
|
l
|
J
|
l
|
|
|
i
1
|
|
|
|
|
|
|
|
|
|
|
l
|
|
|
|
[

|
|
|
l
1
|
1
|
1
|

325.4
326.3
327.0
327.0
327.1
326.8
327.3
327.1
327.3
326.8
327.2
327.7
327.9
328.4
328.1
328.4
328.6
328.7
327.9
328.6
328.6
328.7
328.6
329.2
329.7
329.8
330.1
330.1
330.3
330.3
330.3
330.5
331.1
330.7
330.5
331.3
331.9
332.3
333.0
333.8
334.2
335.1
335.0
335.6
335.5
336.1
336.8
337.5
337.8
338.0
337.4
337.4
337.1

161.0
160.7
160.5
160.9
160.5
160.8
160.2
161.1
161.4
161.7
162.6
162.3
162.5
162.5
161.8
161.3
160.6
160.4
161.4
161.7
162.9
162.6
165.1
164.6
165.4
164.8
165.2
163.6
164.1
163.8
164.0
164.5
164.1
164.8
165.3
165.1
165.3
165.3
164.2
164.0
163.1
163.2
163.7
163.1
165.5
166.4
166.4
165.7
165.9
164.3
164.9
164.3
165.1

OTHER
147.8
148.3
148.1
148.7
148.3
148.7
148.3
148.8
149.0
149.8
150.4
150.1
150.2
151.0
149.8
149.4
149.1
148.8
150.3
150.8
151.6
152.1
152.8
153.1
154.0
153.4
153.7
152.5
152.7
152.3
152.2
153.3
152.6
153.3
153.7
153.5
153.6
153.9
152.4
152.4
151.0
151.8
152.1
151.1
153.4
153.8
154.2
153.8
152.7
152-0
152.4
152.1
153.7

[

|
|
|
|
\

|
|
|
l
|
|
|
|
|
|
»
|
|
1
|
|
|
|
|
|
|
|
|
1
J
f
l
|
|
1
|
|

U.S.
GOVT
DEMAND
3.1
3.0
2.7
2.7
3.3
2.5
2.3
2.2
2.3
2.2
2.5
2.7
2.7
2.8
3.0
2.8
2.7
3.1
3.7
2.4
2.4
2.1
2.6
2.9
2.8
2.7
2.5
2.8
2.8
2.7
2.5
2.7
2.5
2.5
2.8
3.0
2.9
2.7
2.6
2.4
2.9
2.9
3.1
2.5
2.9
3.1
3.1
2.8
3.0
2.9
2.8
2.9
2.7

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
MEMEER BANK RESERVES

!

DEPOSITS SUBJECT TO RESBRVE REQUIREMENTS

I
MILLIONS OF DOLLARS

I

I
I
I
I
1976

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JCL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
CCT
OCT
OCT
CCT
NCV
NCV
NOV
NCV
DEC
EEC
DEC
DEC
EEC

1
1
7.. • 1
HU. •1
21.. • 1
28.. • 1
4. • -1
11.. • 1
18.. • 1
25.. • 1
3.. - I
10.. • 1
17.. • 1
24.. • 1
31.. • 1
7.. -1
14.. -1
21.. • 1
28.. • 1
5.. -1
12.. -1
19.. • 1
26.. • I
2.. -1
9.. • 1
16.. • 1
23.. • I
30.. • I
7.. .1
14.. • 1
21.. -1
28.. • 1
4. . • 1
11.. • 1
18..
25.. • 1
1.. • \
8.. • i
15.. • 1
22.. • 1
29.. • 1
6.. • 1
13.. • 1
20.. • 1
27.. • 1
3.. • I
10.. • I
17.. • 1
24.. • 1
1.. • \
8.. • 1
15.. • 1
22.. -1
29.. • 1

BILLIONS OF DOLLARS
MONETARY
BASE

TOTAL
34548.
34162.
34295.
34126.
34566.
33925.
34549.
33961.
34551.
34094.
34144.
33912.
34359.
33949.
34018.
34070.
33979.
34659.
33863.
34294.
34123.
34376.
33905.
34481.
33744.
34617.
34541.
34056.
34211.
34147.
34656.
34057.
34555.
34256.
34446.
34217.
34370.
33919.
34349.
34385.
34159.
34408.
34367.
34794.
34362.
35156.
34 463.
35145.
34514.
35218.
34744.
35112.




NONBORRONED

REQUIRED

34481.
34117.
34142.
34068.
34511.
33874.
34493.
33813.
34467.
34046.
34104.
33834.
34323.
33925.
33957.
34031.
33921.
34629.
33808.
34172.
33987.
34134.
33812.
34432.
33579.
34451.
34415.
33880.
34152.
33988.
34499.
33935.
34470.
34188.
34353.
34172.
34309.
33875.
34262.
34284.
34112.
34360.
34247.
34592.
34312.
35102.
34419.
35058.
34488.
35149.
34707.
35030.

34249.
33976.
34061.
33961.
34149.
33875.
34049.
34078.
34141.
33991.
33943.
33801.
33961.
33826.
33845.
33940.
33867.
34218.
33896.
34049*
34045.
33923.
33975.
33910.
33924.
34152.
33979.
34027.
33983.
34115.
34220.
34093.
34218.
34138.
34156.
33944.
34111.
33877.
34150.
34051.
33947.
34309.
34256.
34333.
34340.
34722.
34343.
34761.
34389.
34751.
34673.
34764.

|
|

111.1
110.9
111.2
111.2
111.7
111.3
112.1
111.7
112.5
112.1
112.4
112.3
113.0
112.7
113.0
113.2
113.3
114.2
113.6
114.1
114. 1
114.4
114.0
114.8
114.1
115.1
115.0
114.8
115.0
115.1
115.7
115.3
115.9
115.7
116.1
115.8
116.3
115.9
116.5
116.7
116.7
116.9
117.0
117.5
117.1
118.1
117.5
118.4
117.8
118.7
118.3
118.8

|
I
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I
|
|
l
|
|
|
i
|
|
|
|
|
|
I
|
I
|
|
|
|
|
|
!
|
l

TOTAL
505.7
505.5
506.7
505.6
507.1
507.6
508.2
507.2
507.1
506.1
507.2
506.7
507.4
508.7
508.8
510.5
508.7
509.5
509.4
508.4
509.1
509.5
510.7
512.7
512.1
513.1
513.2
£14.6
515.3
514.6
515.2
515.0
515.4
514.3
515.6
514.5
516.7
516.4
516.3
519.3
519.5
520.2
520.8
523.5
521.9
524.8
523.3
526.4
527.0
528.4
529.4
529.2

| TIME AND
| SAVINGS 1
}
1
| 336.7
|
| 337.1
t
| 336.7
l
| 337.0
|
|
| 337.3
J 337.4
I
| 337.4
|
| 337.5
|
J 337.4
|
| 337.3
|
| 337.7
|
| 338.2
|
|
| 339.0
l 339.7
|
1 339.9
!
| 339.2
|
I 339.4
]
| 339.0
|
| 338.6
I
| 338.4
|
| 338.9
|
T 339.8
|
| 341.1
|
|
| 341.9
| 342.5
|
I 343.7
I
| 343.8
|
| 344.3
|
J 344.3
|
| 344.0
l
1 343.6
|
| 343.5
|
| 343.6
l
| 344.0
|
1 344.1
!
1 344.3
1
| 344.8
|
| 345.5
|
| 346.0
|
| 346.5
|
| 347.1
|
| 347.2
|
| 347.7
|
| 348.1
|
| 349.0
|
| 349.3
|
| 350.4
|
| 351.4
|
l 352.4
|
| 353.4
|
| 353.9
I
| 354.4
I

PRIVATE DEMAND DEPOSITS

|

1
net
1
| INTERBANK!
1
12.3
11.7
13.4
12.6
12.1
11.9
12.9
12.2
11.9
12.8
11.9
11.6
10.9
11.7
11.5
12.0
11.4
12.0
11.5
11.8
11.9
10.6
11.5
11.9
11.6
11.6
11.8
12.4
12.5
12.1
12.5
11.6
11.6
11.1
12.1
12.4
13.1
12.4
12.3
12.6
12.7
12.8
12.5
13.2
12.4
14.2
13.8
13.3
13.4
13.6
13.6
13.1

|
|

TOTAL
1
166.2
165.5
167.0
165.7
166.6
166.9
167.3
166.4
166.7
165.9
166.6
165.7
165.6
166.1
166.2
168.5
166.8
167.9
168.3
167.4
167.5
166.9
166.7
167.8
166.7
166.3
166.7
167.7
168.2
167.4
168.5
167.8
168.3
167.0
168.4
166.1
168.7
168.0
167.2
169.8
169.3
169.8
169.7
171.6
169.5
172.1
169.6
171.8
171.2
172.0
172.5
171.8

OTHER
!
153.9
153.9
153.5
153.1
154.5
155.0
154.5
154.2
154.8
153.1
154.7
154.1
154.7
154.4
154.7
156.5
155.3
155.9
156.8
155.6
155.6
156.3
155.2
155.9
155.1
154.7
154.9
155.3
155.7
155.4
156.0
156.2
156.7
155.8
156.3
153.7
155.6
155.6
154.9
157.2
156.6
157.0
157.2
158.4
157.1
157.9
155.8
158.5
157.8
158.4
158.9
158.8

|
|
|
|
|
|
|
|
|
1
|
|
|
|
(
|
|
|
|
|
|
|
l
|
|
I
|
|
J
|
|
]
|
|
|
|
|
|
|
|
J
|
|
|
I
1
I
|
!
|
|
|

U.S.
GOVT
DEMAND
2.8
2.9
3.1
2.9
3.1
3.3
3.5
3.3
2.9
2.8
2.8
2.8
2.8
3.0
2.7
2.8
2.5
2.6
2.4
2.6
2.7
2.7
2.9
3.0
3.0
3.2
2.7
2.6
2.8
3.2
3.1
3.7
3.5
3.4
3.0
4.1
3.1
2.9
3.1
3.0
3.1
3.2
3.3
3.8
3.3
3.4
3.4
3.2
3.4
3.1
3.0
2.9

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
MEMBER BANK RESERVES

JAN
JAN
JAN
JAN
EEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
HAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
CCT
CCT
OCT
NCV
NCV
NOV
NCV
NOV
EEC
DEC
DEC
EEC

1
1
1
1
1
1
1
5. . . |
12,..1
19...|
26.. . |
2...I
9...J
16-- 1
23...|
2. . . |
9__ |
16...|
23...1
30...1
6... |
13...|
20... |
27... |
4... |
11...1
18...1
25...|
1... |
8. . • |
15...|
22...1
29__ t
6... (
13...|
20...|
27... |
3. • • 1
10...|
17...|
24...1
31...|
7...J
14...|
21... |
28__ I
5... |
12-- |
19...|
26...|
2... 1
9... |
16...I
23...|
30...|
7.. .1
14...f
21... |
28...1

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS CF DOLLARS
MONETARY
BASE

TOTAL

NONBORROHED

REQUIRED

34804.
34627.
34269.
34946.
34611.
34542.
34457.
34377.
34449.
3449934499.
34347.
34819.
34686.
34685.
34682.
34973.
35155.
34794.
34983.
34653.
35077.
34706.
34744.
34814.
34931.
35478.
35081.
35163.
35075.
35725.
35540.
35468.
35262.
35681.
35479.
35708.
35399.
35437.
35790.
35524.
35685.
35683.
35926.
35951.
36036.
35655.
35905.
35613.
36099.
3600936110.

34773.
34607.
34160.
34857.
34525.
34467.
34328.
34341.
34419.
34479.
34475.
34009.
34761.
34621.
34647.
34653.
34874.
34940.
34638.
34856.
34342.
34847.
34480.
34521.
34543.
34597.
35213.
34921.
34757.
34780.
35127.
34955.
34670.
33597.
34288.
34843.
35371.
34661.
34719.
34907.
34473.
33824.
34239.
34813.
35064.
3550234774.
34832.
35030.
35590.
35482.
35424.

34291.
34223.
34380.
34522.
34481.
34286.
34293.
34148.
34299.
34226.
34331.
34270.
34465.
34430.
34411.
34648.
34809.
34853.
34 74 8.
34 765.
34518.
34668.
34673.
34498.
34741.
34781.
34984.
34817.
34951.
35001.
35301.
35437.
35266.
35234.
35310.
35248.
35387.
35402.
35205.
35389.
35355.
35601.
35481.
35661.
35796.
35619.
35666.
35467.
35598.
35786.
35864.
35865.

TOTAL

PRIVATE DEMAND DEPOSITS

|

NET
|
| INTERBANK!

|
|

| TIME AND
J SAVINGS

\

TOTAL




118.5
118.6
118.5
119.3
119.1
119. 1
119.1
119-1
119.5
119.6
119.8
119.8
120.4
120.5
120.6
120.8
121.1
121.5
121.3
121.6
121.4
122.0
121.6
121.8
122.1
122.5
123.2
123.0
123.2
123.3
124.2
124.1
124.2
124.1
124.7
124.6
125.1
124.9
125.1
125.7
125.6
126.0
126.1
126.5
126.7
127.0
126.7
127.2
127.0
127.6
127.7
128.0

530.8
531.9
531.7
531.0
530.8
530.7
531.9
532.0
532.6
532.9
534.7
535.0
535.5
537.7
539.0
539.3
538.9
539.2
538.7
540.1
540.8
540.1
542.4
543.1
545.4
544.6
546.2
547.3
549.5
551.6
550.7
551.4
552.2
552.3
553.4
554.0
552.8
554. 1
555.3
557.0
557.4
559.2
560.8
560.0
561.2
561.0
562.9
564.7
565.3
566. 1
568.4
567.9

I
|
|
|
I
|
|
|
J
|
|
|
|
J
|
|
1
|
|

355.6
355.3
355.2
256.0
356.2
357.2
357.8
358.0
358.2
358.8
359.3
359.8
360.5
361.3
361.4
361.4
361.8
362.1
363.2
\
364.0
| 364.6
| 365.4
| 366.5
| 367.1
| 368.0
| 368.3
1 368.9
| 369.6
1 370.0
1 371.0
| 371.8
| 372.6
| 373.2
| 373.7
l 374.1
| 374.5
I 374.4
| 374.5
| 375.7
l 376.7
| 377.4
| 378.2
| 379.2
J 379.9
| 380.9
| 381.9
I 383.2
| 383.8
| 384.0
l 385.0
I 385.7
| 386.9

172.5
173.5
173.5
171.9
171.7
170.6
171.1
170.7
171.3
171.2
171.7
172.3
171.9
173.4
174.2
173.7
173.6
173.1
173.0
173.6
174.2
172.1
172.9
172.8
174.4
173.3
174.5
175.0
176.6
177.0
175.8
175.7
176.0
175.4
176.2
176.4
175.9
176.2
176.4
177.0
177.0
178.0
178.5
177.4
177.5
176.3
176.6
177.7
178.7
178.8
179.2
176.7

13.4
16.4
13.6
13.2
12.7
11.2
11.4
11.1
11.2
11.1
11.3
11.4
12.3
12.0
12.2
12.2
12.1
11.8
11.8
12.0
12.2
11.6
11.9
11.9
11.8
11.2
12.0
12.2
12.5
13.7
12.4
12.4
12.7
12.4
12.4
12.5
12.0
12.0
12.0
12.3
12.4
12.9
12.2
12^0
12.0
10.8
11.4
11 .7
11.9
12.0
12*1
12.1

OTHER
159.0
157.0
159.9
158.7
159.0
159.4
159.7
159.7
160.1
160.1
160.4
160.9
159.6
161.4
162.0
161.5
161-5
161.3
161.2
161.6
162.0
160.5
161.0
160.9
162.5
162.2
162.5
162.8
164.0
163.2
163.4
163.3
163.3
163.0
163.8
163.9
163.9
164.2
164.4
164.7
164.6
165.1
166.3
165.3
165.5
165.5
165.2
166.0
166.8
166.8
167.1
164.7

|
|
1
|
(
|
|
|
|
|
|
|
|
|
|
!
|
|
1
l
|
I
|
|
|
|
|
|
|
|
1
I
|
|
|
!
!
I
l
|
|
|
|
|
|
1
I
1
|
1
|
1

U.S.
GOVT
DEMAND
2.3
3.1
3.0
3. 1
2.9
2.9
3.0
3.2
3.1
3.0
3.6
3.0
3.1
3.0
3.3
4.1
3.5
4.0
2.5
2.4
2.0
2.6
3.0
3.2
3.1
2.9
2.7
2.7
2.9
3.6
3.0
3.0
2.9
3.3
3.2
3.2
2.5
3.4
3.2
3.3
3.0
3.0
3.0
2.8
2.8
2.8
3.0
3.2
2.6
2.3
3.4
4.3

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
AIR
APR
APR
APR
MAY
HAY
MAY
HAY
MAY
JUN
JUN
JON
JON
JOL
JOL
JUL
JOL
AOG
AUG
AOS
AOG
AOG
SEP
SEP
SEP
SEP
CCT
OCT
CCT
CCT
NCV
NOV
NCV
NOV
NCV
EEC
DEC
DEC
EEC

1
1
1
J_
1
1
1
i
1
4__ 1
11...|
18...I
2 5...|
1... |
8... I
15...|
22...|
1...I
8... |
15... |
22..-!
29...|
5...I
12-- 1
19...1
26...|
3...|
10...|
17...I
24...|
31...I
7... |
14...]
21...|
28...1
5. • • 1
12...1
19...!
26...1
2... 1
9...|
16...|
23...I
30...J
6... |
13...|
20... |
27... 1
4...J
11... 1
18...1
25...|
1..«!
8... 1
15...!
22...|
29... I
6__ |
13...J
20...!
27..,|

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES

BILLIONS OF DOLLARS

MILLIONS CF DOLLARS
MONETARY
BASE
TOTAL

36418.
36230.
37007.
36731.
36719.
36993.
37179.
36920.
36669.
36662.
36590.
36723.
36818.
36965.
36775.
37230.
36793.
37336.
37367.
37317.
37382.
37692.
37398.
37866.
37831.
37724.
38443.
37524.
38816.
37762.
37967.
37833.
38150.
37722.
38089.
38169.
38111.
38080.
38262.
38306.
38668.
37970.
38249.
37990.
38297.
38149.
4106341315.
41229.
40966.
41161.
40864.




NONBORROWED

35912.
35788.
36589.
36139.
36250.
36500.
36898.
36474.
36278.
36266.
36342.
36443.
36432.
36661.
36604.
36992.
35974.
35672.
35679.
36451.
36681.
36293.
36753.
37073.
36637.
36008.
37250.
36621.
37227.
36300.
36529.
36955.
37187.
36116.
37066.
37004.
37601.
37157.
36702.
37020.
37429.
36720.
36935.
36685.
37599.
37516.
40459.
40523.
40531.
40375.
40594.
39451.

REQUIRED

36131.
35925.
36746.
36416.
36561.
36623.
37001.
36628.
36549.
36398.
3645S.
36575.
36583.
36658.
36787.
36925.
36840.
37021.
37184.
37311.
37135.
37293.
37349.
37753.
37605.
37556.
37724.
37751.
38444.
37799.
37614.
37818.
37827.
37731.
37820.
37864.
37998.
37905.
38039.
38183.
38318.
38089.
37930.
37877.
37956.
37904.
40913.
41162.
40902.
40814.
40924.
40919.

1

128.6
128.6
129.5
129.4
129.6
130.1
130.4
' 130.3
130.3
130.5
130.5
130.8
131.3
131.3
131.0
131.6
131.5
132.3
132.5
132.7,
132.9
133.5
133.2
133.9
134.0
134.1
134.9
134.2
135.6
134.6
135.0
135.0
135.5
135.4
136.0
136.1
136.4
136.7
137.1
137.3
137.8
137.4
137.7
137.7
138.2
138.3
141.4
141.9
141.9
141.7
142.1
142.2

|
|
|
1
|
|
|
|
!
1
!
!
i
I
!
t
|
|
|
I
|
]
!
!
|
|
|
1
!
|
!
|
|
|
|
|
|
|
!
|
J
|
l
!
|
|
|
I
1
I
|
!

TOTAL

573.6
572.0
573.2
573.9
577.5
575.8
575.9
576.0
577.1
578.9
579.6
580.9
582.4
583.9
584.1
586.7
588.8
590.2
590.3
591.9
593.5
597.0
595.9
596.1
596.5
598.0
603.6
600.0
599.4
601.7
602.4
602.0
603.0
604.0
605.8
605.8
607.5
608.6
610.8
609.0
607.7
607.3
609.6
611.0
612.8
615.5
614.6
614.4
615.6
616.2
617.6
614.9

t

PRIVATE DEMAND.DEPOSITS

|

NET
INTERBANK

] TIME AND
J SAVINGS

|
1
I
|
|
|
I
1
1
|
!
)
!
1
|
1
!
|
1

1
|
1
!
|
!
I
|
|
l
|
|
!
!
!
!
|
|
|
|
|
|
I
|
(
!
!
(
{
|
1
1
|

387.3
387,6
388.1
388.6
389.8
391.2
391.9
393.0
394.3
395.6
396.5
397.5
397.9
398.8
399.3
400.9
402.1
403.5
404.7
405.7
406.9
408.2
408.1
408.6
408.0
409.1
410.5
411.1
412.0
412.6
413.2
413.7
414.3
415.3
416.5
417.4
418.7
419.0
419.0
418.6
418.1
418.1
420.1
422.4
424.5
425.8
427.0
427.0
427.6
428.6
429.0
429.0

I
1
|
i
i
|
I
|
|
1
1
I
I
I
1
|
I
|
1
I
|
|
l
I
!
l
|
!
I
I
I
I
1
!
1
|
|
!
I
|
|
!
!
(
I
|
!
1
!
t
(
|

TOTAL
181.0
181.3
181.9
182.2
.184.6
181.3
181.1
180.0
179.2
179.9
179.8
179.8
181.2
181.9
181.5
182.5
183.2
183.5
132.6
183.3
183.4
185,5
185.1
184.7
184.9
185.3
185.9
185.6
184.8
186.0
186.1
185.2
185.8
185.6
185.9
185.2
185.8
185.8
187.4
185.6
186.0
186.3
186.4
185.8
185.7
187.3
185.8
185.2
185.9
185.6
186.0
184.1

12.4
12.2
12.3
12.4
12.5
12.7
12.5
12.3
12.5
12.5
12.5
12.6
12.8
13.2
12.7
13.6
13.7
13.0
12.8
12.5
12.5
13.2
13.2
12.8
13.5
13.3
13.4
13.2
13.2
13.1
13.0
12.5
12.7
12.6
12.6
11.4
11.6
11.6
12.5
11.7
11.5
11.7
12.7
12.1
12.2
13.8
12.6
12.2
12.2
12.2
12.7
12.1

OTHER
168.6
169.0
169.6
169.7
172.1
168.6
168.6
167.6
166.7
167.4
167.4
167.2
168.4
168.6
168.8
168.8
169.5
170.5
169.8
170.8
170.9
172.3
171.9
171.9
171.4
172.0
172.5
172.4
171.7
172.9
173.1
172.8
173.0
173.1
173.3
173.8
174.3
174.2
174.9
173.9
174.5
174.5
173.7
173.7
173.5
173.5
173.2
173.1
173.7
173.4
173.3
172.0

)

1
|
1
!
|
|
|
!
|
|
J
J
|
|
|
|
|
l
!
|
!
(
J
|
|
|
|
|
|
(
|
|
I
|
|
*
I
|
|
|
!
|
|
|
|
|
|
|
|
|
|
|
I

O.S.
GOVT
DEMAND
5.3
3.1
3.3
3.1
3.1
3.3
3.0
3.0
3.7
3.3
3.3
3.6
3.3
3.2
3.4
3.3
3.5
3.2
2.9
2.9
3.2
3.2
2.7
2.8
3.6
3.6
7.1
3.3
2.6
3.1
3.1
3.1
2.9
3.1
3.3
3.2
3.0
3.9
4.4
4.7
3.5
2.9
3.1
2.9
2.6
2.4
1.9
2.1
2.1
2.1
2.5
1.9

TABLE 3
HEHBBR BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

1979

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
HAT
RAT
MAT
MAT
MAT
JUN
JON
JON
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
OCT
CCT
CCT
OCT
NCV
NCV
NCV
NCV
DEC
EEC
EEC
DEC

3..
10..
17-.
24..
31..
7..
14..
21..
28..
7..
14..
21..
28..
4..
11..
18..
25..
2..
9..
16..
23..
30..
6..
13..
20..
27..
4..
11..
18..
25..
1..
8..
15..
22..
29..
5..
12..
19..
26..
3..
10..
17..
24..
31..
7..
14..
21..
28..
5..
12..
19..
26..

I
I
I
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
\

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I

BILLIONS CF DOLLARS
BASE

TOTAL

NONBORROWED

REQUIRED

PRIVATE DIHAND DEPOSITS
TOTAL

| TIME AND
1 SAVINGS
TOTAL

41914.
40721.
41726.
41183.
41568.
41096.
40930.
41087.
40377.
41123.
40691.
40763.
40399.
40809.
40402.
407C8.
40661.
41064.
40767.
40838.
40435.
40515.
40648.
40151.
40629.
40506.
41009.
40298.
40969.
40780.
40982.
40852.
41108.
41006.
41417.
41374.
41114.
41484.
41470.
41883.
42074.
41803.
41806.
4324 7.
42773.
43221.
42970.
43184.
43332.
43546.
43801.
43557.




40731.
40035.
40830.
40260.
40140.
40279.
39876.
40149.
39294.
40096.
39809.
39739.
39317.
39942.
39774.
39759.
39670.
39847.
39279.
39079.
38732.
38188.
39308.
38852.
39305.
38920.
39332.
39357.
39787.
39488.
40036.
40090.
40085.
39620.
40300.
40034.
39884.
39722.
40311.
40769.
41137.
40275.
38846.
40196.
40845.
41360.
41106.
41189.
41513.
42257.
42115.
42332.

41188.
40843.
41322.
41167.
41228.
40817.
40819.
40730.
40288.
40919.
40590.
40617.
40316.
40421.
40246.
40550.
40548.
40914.
40693.
40581.
40418.
40332.
40288.
40073.
40497.
40355.
40363.
40335.
40602.
40794.
40692.
40711.
40809.
40992.
41047.
40969.
41016.
41287.
41444.
41516.
41533.
41819.
41642.
42888.
42364.
42924.
42865.
43018.
43084.
43180.
43149.
43191.

143.4
142.4
143.5
143.1
143.7
143.4
143.3
143.6
142.2
144.0
143.7
143.9
143.8
144.4
143.9
144.6
144.6
145.2
144.8
145.2
145.0
145.5
145.7
145.3
146.0
146.2
146.9
146.3
147.2
147.3
147.8
147.9
148.5
148.6
149.3
149.5
149.5
150.1
150.3
150.8
151.2
151.1
151.2
152.7
152.5
152.9
152.8
153.0
153.0
153.4
154.0
154.1

618.6
618.3
619.7
617.8
618.6
617.7
615.4
619.4
617.6
617.1
615.3
615.6
614.9
617.0
618. 1
620.2
618.9
618.2
616.7
615.8
615.1
613.3
615.5
614.6
614.9
615.5
617.6
619.0
618.7
619.6
621.3
624.0
625.2
625.0
626.2
628.8
631.0
632.4
633.2
635.4
635.4
640.3
637.9
637.6
640.8
641.3
642.0
643.3
644.3
646.0
643.8
646.0

I
|
|
1
1
i
I
|
|
|
|
I
|
|
l
|
|
|
I
|
|
1
|
|
|
|
|
|
|
|
|
|
|
1
|
|
1
1
|
|
|
|
|
|
|
|
I
|
|
|
I
l

429.4
429.9
431.3
432.2
432.6
432.2
432.9
433.2
433.5
432.9
432.7
431.9
431.9
431.9
432.6
431.8
431.5
431.3
430.9
430.3
429.6
428.6
427.0
426.8
427.6
428.3
429.3
429.5
430.1
431.2
432.8
434.7
435.8
436.7
437.8
439.0
440.3
442.0
443.0
444.1
445.5
446.8
447.3
447.9
448.9
449.9
449.8
450.8
451.6
451.7
451.4
451.2

187.3
186.4
186.5
183.5
183.9
183.4
180.5
184.3
182.5
182.2
180.8
181.8
181.3
183.0
183.6
186.4
185.9
185.1
183.8
183.6
183.5
182.7
186.4
185.7
184.8
185.8
186.5
187.6
186.8
186.7
186.7
186.5
186.8
186.6
186.8
187.9
188.1
188.6
188.8
189.7
188.4
191.7
188.8
187.9
190.0
189.6
190.2
190.5
190.8
191.9
190.9
193.1

|
NET
|
| INTERBANK!
I
1
13.2
12.6
12.0
11.8
11.2
10.8
8.2
10.4
10.6
11.2
11.4
11.6
11.8
12.2
11.9
12.1
12.0
11.9
11.0
11.2
11.1
11.4
11.5
11.6
11.7
11.8
12.4
12.4
12.5
12.6
12.4
11.9
11.8
11.7
12.0
12.9
13.0
13.6
13.9
14.3
14.0
17.2
14.6
14.5
14.8
14.4
14.7
15.1
15.1
15.9
14.8
16.7

OTHER
174.1
173.7
174.5
171.7
172.7
172.6
172.4
173.8
171.9
171.0
169.5
170.1
169.5
170.8
171.7
174.3
173.9
173.2
172.8
172.4
172.5
171.3
174.9
174.2
173.1
174.0
174.1
175.2
174.3
174.1
174.3
174.7
175.0
174.9
174.8
175.0
175.1
175.0
174.9
175.4
174.4
174.5
174.3
173.3
175.2
175.2
175.6
175.5
175.7
176.0
176.2
176.4

U.S.
GOVT
DEHAND
2.0
2.1
2.0
2.0
2.1
2.0
1.9
2.0
1.6
2.0
1.7
1.9
1.7
2.1
2.0
2.1
1.4
1.7
1.9
1.9
2.0
2.0
2.1
2.1
2.5
1.4
1.8
1.9
1.8
1.7
1.7
2.7
2.5
1.7
1.6
1.9
2.6
1.8
1.3
1.6
1.5
1.7
1.7
1.8
2.0
1.8
2.0
1.9
1.9
2.4
1.5
1.6

TABLE 3
MEMBER BANK DEPOSITS AND RESERVES
SEASONALLY ADJUSTED
MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS CF DOLLARS

BILLIONS CF DOLLARS
MONETARY
BASE

TOTAL

NONBORROWBD

REQUIRED

42090.
42742.
42358.
42002.
41720.
42275.
41330.
41970.
41442.
41158.
39829.
40858.
40839.
42060.
42755.
42473.
42550.
41913.
43076.
42884.
43961.
43242.
44826.
43661.
43165.
43339.

42969.
43344.
43202.
43079.
43296.
42521.
42621.
43620.
43709.
43133.
43189.
43678.
43517.
43924.
44981.
44542.
44866.
44416.
44076.
43864.
44516.
44380.
44817.
43923.
43407.
43455.

PRIVATE DEMAND DEPOSITS
TIME AND
SAVINGS

TOTAL

NET
INTERBANK

TOTAL
1980

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN

2... |
9... |
16__ |
23...I
30__ I
6... 1
13...|
20...|
27. . . |
5... |
12... |
19...!
2 6...|
2... |
9... |
16...|
23...|
30. . . |
.I
14...|
21...|
28...|
4... |
11...|
18...I
25...I

43521.
43472.
43585.
43205.
43539.
43033.
42569.
44162.
43502.
43664.
43267.
43858.
43498.
44322.
45139.
44749.
45103.
44576.
44407.
43904.
44799.
44366.
45285.
44062.
43561.
43657.




I
I
I
I
I
J
I
I
I
I
I
I
I
I
I
I
I
1
1
1
1
1
1
1
1

I
I
I
I
I
I
I
I
!
I
I
I
I
I
I
I
I
I
I
I
l
I
I
I
1
1

I
I
I
1

1
1
1
1
1
1
1
t

1
1
1
1

1
1
I

1
1
1
1
1
1
1

154.4 ' I
154.8
I
154.8
I
154.6
I
155.2
I
155.1
I
154.5
I
156.5
156.0
I
156.4
I
155.9
I
156.9
I
156.4
I
157.4
l
158.0
I
157.4
I
158.0
I
158.3
I
158.3
I
157.6
I
158.7
I
159.0
I
159.8
I
158.5
I
158.6
l
158.7
I

643.3
644.2
646.1
641.9
643.3
648.4
649.4
645.5
646.5
649.9
648.9
650.9
648.9
648.7
654.6
655.6
656.2
654.7
658.9
656.4
659.8
654.4
656.5
658.8
660.1
657.0

I
I
l

I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

1
1
I

1

448.9
450.7
452.7
452.5
452.7
453.1
454.0
454.4
455.4
456.8
457.2
457.5
458.8
458.9
461.5
464.4
465.7
466.8
467.5
468.2
467.8
467.4
466.7
468.0
469.0
467.9

1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

192.6
190.9
191.2
186.8
188.4
113.2
193.7
139.1
189.2
191.2
189.8
190.9
188.8
188.6
190.8
188.4
188.2
185.3
189.4
186.4
190.1
185.4
187.5
188.9
189.2
187.8

I
I
I
1
1
1
1
\

1
1
I
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1

15.0
13.5
14.6
14.3
14.1
15.0
15.9
12.8
14.3
17.8
15.4
16.2
15.4
14.3
16.3
17.2
17.7
17.5
17.2
16.5
18.9
16.7
17.4
16.7
16.8
17.1

U.S.
GOVT
DEMAND

OTHER

1
1

1
1
1
1
1
1
1
1
1
1
1
1
1
!
1

1
1
1
1
1
I

1
1
1

177.6
177.4
176.6
172.5
174.3
178.3
177.8
176.2
174.9
173.4
174.4
174.7
173.4
174.2
174.5
171.2
170.5
167.8
172.2
169.9
171.2
168. 7
170. 1
172.1
172.3
170.7

1
\

1
1
1
1
1
1
l
1
1
1
1

1
1
1
1
1
!

1
1
1
I
!

1
1

1.7
2.6
2.3
2.5
2.2
2.1
1.7
2.0
1.9
2.0
1.9
2.4
1.3
1.2
2.3
2.8
2.3
2.5
2.1
1.9
1.8
1.5
2.3
1.9
2.0
1.3

TABLE 4
MEMBER BANK DEPOSITS AID RESERVES
EOT SEASONALLY ADJUSTED

1959

JAN
JAN
JAN
JAN
FIB
FEB
FEB
FIB
MAR
HAR
BAR
HAR
APR
APR
APR
APR
APR
HAT
HAT
HAT
HAT
JON
JON
JON
JON
JOE
JOL
JOL
JOL
JOL
AOS
AOS
AOS
AOG
SEP
SEP
SEP
SEP
SEP
OCT
CCT
OCT
CCT
NOV
NOT
NOT
NOT
DEC
DEC
DEC
EEC
DEC

I
I
1
1
1
1
1
1
1
7...J
14,..J
21...1
28__ |
4...I
11__ l
18...I
25...I
4... |
11..
18...I
25...J
1...1
8. ..J
15...!
22...|
29...|
6...|
13... |
20... |
27... |
3...|
10...|
17...|
24...|
1...I
8...]
15...!
22... |
29...|
5...!
12... |
19...J
26. . . |
2...|
9...I
16... |
23...J
30...!
7...J
14...!
21...|
28... i
4...!
11...|
18__ |
25...!
2... |
9... |
16...]
23...|
30...!

MEMBER BANK BESERTES

DEPOSITS SUBJECT TO BESRBTE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETABT
BASE

t o t Al

NONBO BBONED

REQUIRED

19131.
18901.
18769.
18817.
18749.
18742.
18562.
18389.
18375.
18421.
18439.
18558.
18323.
18711.
18698.
18817.
18551.
18571.
18550.
18829.
18393.
18324.
18314.
18537.
18627.
18386.
18452.
18640.
18976.
18702.
18696.
18622.
18509.
18586.
18566.
18640.
18653.
18819.
18394.
18636.
18501.
18679.
18568.
18711.
18724.
18647.
18563.
18451.
18797.
18872.
19274.
18997.

18505.
18188.
18331.
18328.
18334.
18207.
17997.
17933,
17848.
17718.
17914.
17958.
17711.
18039.
17995.
18068.
17895.
17896.
17841.
17976.
17735.
17475.
17335.
17561.
17751.
17465.
17425.
17638.
18064.
17812.
17662.
17549.
17564.
17646.
17601.
17583.
17594.
17960.
17673.
17630.
17453.
17860.
17778.
17885.
17816.
17791.
17741.
17581.
17886.
17916.
18294.
18069.

18588.
18340.
18234.
18424.
18345.
18189.
18120.
17979.
17957.
17868.
18051.
18100.
17855.
18302.
18254.
18307.
18183.
18213.
18096.
18227.
18063.
18021.
17886.
18081.
18170.
18069.
18017.
18229.
18488.
18353.
18296.
18080.
18078.
18149.
18165.
18082.
18170.
18297.
18174.
18153.
18012.
18173,
18266.
18311.
18202.
18190.
18130.
18085.
18282.
18429.
18635.
18533.

PRITATE DEMAND DEPOSITS
TOTAL

TIME AND
SATIN6S
TOTAL




48.9
48.3
48.0
47.8
47.8
47.9
47.7
47.4
47.4
47.7
47.7
47.7
47.4
48.0
48.0
48.0
47.6
47.9
48.0
48.2
47.7
47.8
48.1
48.2
48.2
48.0
48.6
48.6
48.9
48.4
48.5
48.6
48.4
48.3
48.3
48.7
48.6
48.6
47.9
48.5
48.4
48,5
48.2
48.4
48.7
48.6
48.5
48.6
49.1
49.1
49.7
49.5

160.2
158.6
158.1
159.3
158.8
157.7
157.3
156.3
156.2
155.6
156.9
157.2
155.7
158.6
158.8
159.1
158.3
158.3
157.9
158.7
157.7
157.4
156.6
158.0
158.5
157.9
157. 3
159.2
160.5
159.5
159.0
158.0
158.0
158.4
158.5
157.8
158.7
159.4
158.6
158.4
157.5
158.5
159,2
159.2
158.6
158.5
157.9
157.5
158.8
159.9
161.2
160.8

53.5
53.5
53.5
53.6
53.6
53.6
53.5
53,6
53.7
53.8
54.0
53.9
54.1
54.2
54.3
54.3
54.4
54.5
54.5
54.5
54.6
54.7
54.8
54.8
54.8
54.9
54.9
54.8
54.8
54.7
54.7
54.7
54.6
54.6
54.6
54.6
54.6
54.5
54.5
54.5
54.4
54.4
54.3
54.3
54.1
53.8
53.6
53.5
53.6
53.6
53.7
53,9

103.2
103.1
103.0
101.9
101.0
100.5
99.9
98.8
98.8
99.1
100.3
98.6
98.4
98.8
100.4
101.2
100.4
99.4
98.9
98.9
98.3
98.5
98.7
100.4
99.5
99.0
99.0
99.9
100.2
100.3
99.8
99.9
99.1
98.3
98.7
98.7
100.6
100.1
98.7
99.0
99.9,
100.2
99.8
100.0
100.4
100.7
100.2
100.2
100.6
102.6
102.6
102.4

]
NET
!
| INTERBANK]
1
1
7.3
7.1
6.9
6.4
6.3
6.7
6.6
6.4
6.2
6.6
6.6
6.6
6.2
6.6
6.7
6.7
6.3
6.2
6.3
6.5
6.2
6.1
6.4
6.3
6.4
6.3
6.6
6.7
6.7
6.3
6.1
6.6
6.6
6.4
6.2
6.6
6.7
6.7
6.3
6.6
6.7
6.9
6.5
6.4
6.9
6.7
6.5
6.5
6.7
6-7
6.9
6.7

OTHER
95.9
96.0
96.1
95.5
94.6
93.8
93.3
92.4
92.6
92.5
93.8
92.1
92.1
92.3
93.7
94.5
94.1
93.3
92.6
92.4
92.1
92.4
92.3
94.1
93.1
92.7
92.4
93.2
93.6
94.0
93.7
93.4
92.5
92.0
92.5
92.1
93.9
93.4
92.5
92.4
93.1
93.4
93.3
93.6
93.5
93.9
93,7
93.8
93.9
95.9
95.7
95.7

U.S.
GOTTDEMAND
3.5
2.0
1.5
3.8
4.2
3.6
3.8
3.9
3.7
2.6
2.6
4.6
3.2
5.6
4.1
3.6
3.5
4.4
4.4
5.3
4.8
4.2
3.1
2.8
4.2
4.0
3.4
4.5
5.5
4.5
4.5
3.3
4.3
5.4
5.2
4.4
3.5
4.8
5.3
4.9
3.2
3,9

5.0
5.0
4.1
4. 1
4.1
3.8
4.6
3.7
4.9
4.5

TABLE 4
HEMBEE BANK DEPOSITS AHD RESERVES
HOT SEASONALLY ADJUSTED

1960

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
HAR
HAR
HAR
HAR
HAR
APR
APR
APR
APR
MAY
HAY
MAY
MAY
JON
JON
JUN
JON
JON
JOL
JOL
JOL
JOL
AOG
AOG
AOG
AUG
AOG
SEP
SEP
SEP
SEP
CCT
OCT
OCT
CCT
NCV
NOV
NCV
NOV
NCV
EEC
EEC
EEC
DEC

I
I
I
I
I
1
1
1
1
6.. - I
13.. • 1
20.. .1
27.. • 1
3.. • 1
10.. •1
17.. • 1
24.. - J
2.. • 1
9.. • 1
16.. - I
23.. • 1
30.. • 1
6.. • 1
13.. • 1
20.. -1
27.. • 1
4.. .1
11.. -1
18.. • 1
25.. -1
1.. • 1
8.. -1
15.. • 1
22.. • 1
29.. • 1
6.. • 1
13.. • 1
20.. -!
27.. -1
3.. • I
10.. .1
17.. • 1
24.. • J
31.. -I
7.. • 1
14.. - 1
21.. • 1
28.. • 1
5.. .1
12.. • I
19.. .»
26.. - i
2.. • 1
9.. • I
16.. • 1
23.. • 1
30.. • 1
7.. .1
14.. • 1
21.. - i
28.. .1

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES

BILLIONS OF DOLLARS

MILLIONS OF DOLLARS
MONETARY
BASE
TOTAL

19152.
19018.
18962.
18478.
18537.
18267.
18251.
18061.
18105.
17938.
18109.
18189.
17893.
17867.
17869.
18281.
18392.
18243.
18306.
18235.
18168.
18121.
18153.
18156.
18602.
18342.
18320.
18349.
18761.
18552.
18591.
18525.
18564.
18404.
18466.
18358.
18581.
18635.
18609.
18759.
18640.
18839.
18729.
18873.
18797.
18733.
18761.
19678.
18916.
18932.
19460.
19447.




NONBORROWED

REQUIRED

18139.
18107.
18048.
17705.
17729.
17417.
17278.
17441.
17312.
17343.
17383.
17602.
17291.
17163.
17198.
17720.
17868.
17691.
17757.
17680.
17766.
17685.
17753.
17782.
18052.
17930.
17880.
18008.
18332.
18201.
18276.
18232.
18148.
18211.
18193.
18097.
18282.
18556.
18384.
18559.
18492.
18765.
18489.
18684.
18661.
18565.
18662.
19565.
18856.
18862.
19386.
19398.

18620.
18471.
18368.
18074.
18056.
17838.
17743.
17637.
17664.
17576.
17598.
17738.
17534.
17430.
17401.
17917.
17911.
17919.
17808.
17778.
17715.
17683.
17691.
17731.
18045.
17856.
17883.
17775.
18245.
18078.
18103.
18018.
17983.
17938.
17827.
17702.
17762.
18116.
18091.
18148.
17951.
17963.
18200.
18309.
18191.
18121.
18154.
18481.
18216.
18222.
18706.
18753.

|
TOTAL

49.3
48.9
48.5
47.8
47.9
47.7
47.7
47.4
47.4
47.5
47.6
47.7
47.2
47.4
47.6
47.9
47.7
47.6
47.9
47.8
47.6
47.7
47.9
47.9
48.3
47.9
48.3
48.4
48.6
48.3
48.3
48.5
48.5
48.2
48.1
48.4
48.5
48.5
48.2
48.5
48.7
48.8
48.5
48.6
48.8
48.9
48.9
49.8
49.2
49.3
49.9
50.0

161.4
160.4
159.7
157.8
157.6
156.2
155.9
155.1
155. 1
154.7
154.9
156.0
154.6
154.1
154.2
157.4
157.4
157.4
156.8
156.9
156.4
156.2
156.4
156.8
158.9
157.7
157.9
157.5
160.7
159.7
159.8
159.6
159.7
159.4
158.7
158.8
159.6
162.0
161.7
161.8
161. 1
161.4
162.9
163.7
163.2
162.8
162.8
162.6
162.2
162.4
165.7
166.2

TIME AND
SAVINGS I
|
1
54.1
|
53.8
|
|
53.6
I
53.5
1
53.6
|
53.6
53.6
|
53.5
I
53.5
I
53.6
I
|
53.8
53.9
I
54.0
|
|
54.1
54.2
1
|
,
54.2
54.2
I
|
54.3
54.4
1
54.5
|
54.5
|
|
54.6
54.7
1
54.8
1
54.9
|
|
55.1
|
55.4
55.4
|
55.5
|
55.6
|
55.8
1
I
56.0
|
56.2
56.4
|
56.6
|
56.7
1
|
56.9
!
57.0
1
57.0
1
57.2
57.4
|
57.4
|
!
57.6
57.6
|
!
57.8
57.6
|
|
57.5
|
57.5
57.7
|
|
57.9
!
58.1
58.4
|

PRIVATE DEMAND DEPOSITS

|

I
NET
|
| INTERBANK!
1
|
7.5
|
7.1
|
6.8
|
6.5
|
6.2
|
6.5
|
6.3
6.2
|
5.9
|
I
6.1
|
6.1
|
6.3
1
6.1
|
6.3
6.6
|
|
6.3
6.2
|
1
6.1
6.2
|
|
6.2
6.0
|
|
5.8
6.4
I
6.3
|
6.4
|
|
6.2
1
6.5
|
6.8
6.7
t
l
6.4
|
6.3
|
6.7
1
6.8
6.6
|
6.4
|
6.6
|
|
6.9
|
6.9
1
6.6
|
6.3
1
7.1
|
7.3
|
7.2
|
6.8
|
7.2
|
7.2
|
7.2
|
6.9
|
6.9
t
7.0
l
7.1
I
7.1

|
|

TOTAL
1
103.1
102.6
102.7
101.3
100.4
99.4
99.0
97.5
97.6
97.5
98.3
97.5
96.5
96.4
97.9
100.0
99.5
98.1
97.1
96.6
95.5
95.4
95.9
97.4
97.7
96.6
96.0
97.1
98.3
98.1
98.2
98.2
93.1
97.1
97.2
97.6
99.5
100.7
98.0
97.4
98.7
100.2
100.5
100.5
100.1
100.3
100.0
100.1
100.2
101.8
104.0
102.5

OTHER
!
95.6
95.5
95.9
94.8
94.2
92.9
92.7
91.2
91.6
91.4
92.1
91.2
90.4
90.1
91.4
93.6
93.2
92.0
90.9
90.4
89.5
89.5
89.6
91.2
91.3
90.4
89.5
90.2
91.6
91.7
91.9
91.5
91.3
90.5
90.8
91.1
92.6
93.8
91.4
91.1
91.6
92.9
93.3
93.7
92.8
93.2
92.8
93.3
93.3
94.8
96.9
95.4

|
|
|
|
|
|
|
1
|
1
|
|
l
|
|
|
l
|
l
|
|
|
|
|
|
|
|
|
|
|
|
|
I
|
|
|
|
|
|
|
|
|
|
| '
I
|
|
|
|
|
!
|

U.S.
GOVT
DEMAND
4.3
4.0
3.3
3.0
3.6
3.3
3.3
4.1
4.0
3.5
2.9
4.6
4.1
3.7
2.0
3.2
3.7
5.0
5.3
5.8
6.3
6.2
5.8
4.6
6.3
5.9
6.5
5.1
6.9
5.9
5.8
5.4
5.5
5.8
4.9
4.5
3.2
4.3
6.7
7.2
5.0
3.8
4.9
5.5
5.4
4.8
5.4
4.9
4.4
2.7
3.7
5.3

TABLE 4
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED
1
1
1
1
I
1
1

MEMBER BAkK RESERVES

1
1
I
1
MILLIONS CF DOLLARS
1
1
1 MONETARY 1 ____
BASE
i
i
1
1
|
NON|
1
1
BORROWED
TOTAL
REQUIRED
TOTAL

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
BILLIONS OF DOLLARS
|
J
1 TIME AND 1
SAVINGS

PRIVATE DEMAND DEPOSITS
NET
INTERBANK

TOTAL
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APB
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JON
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
CCT
MOV
NOV
NCV
NOV
*cv
: ec
.EC
: ec
: bc

4-- J

11...1
18... |
25...1
1...1
8. . . |
15...|
22...!
1...I
8. .. |
15...|
22...|
29...|
5... |
12...|
19...|
26... |
3... |
10...|
17... |
24...|
31.. . |
7... f
14...|
21...|
28... |
5. . • |
12...1
19...|
26...J
2...1
9...|
16...|
23...|
30...|
6... 1
13...|
20...I
27. . . |
4...J
11...|
18...I
25...f
1... I
8__ |
15...I
22...!
29...1
6... !
13...J
20...1
27...|

19944.
19226.
19292.
19467.
18963.
18948.
18844.
19045.
19014.
18671.
18827.
18955.
18793.
18702.
18782.
19026.
19018.
18808.
18754.
18909.
18917.
18872.
18804.
18844.
19296.
19120.
19086.
19103.
19075.
19007.
19286.
19208.
19197.
19202.
19160.
19114.
19198.
19473.
19519.
19605.
19426.
19804.
19825.
19751.
19671.
19741.
19894.
19942.
19764.
19742.
20234.
2034 8.




1
1
1
!
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
!
!
1
1
1
1
I
1

J
1
1
!
1
1
!
1
I
1
!
!
1
1
1
1
1
!
1
1
!
1
!

19768.
19175.
19257.
19420.
18897.
18769.
18651.
18938.
18964.
18577.
18778.
18903.
18715.
18595.
18730.
18982.
18981.
18747.
18690.
18736.
18851.
18780.
18742.
18773.
19254.
19039.
19038.
19056.
19020.
18957.
19211.
19085.
19135.
19165.
19123.
19057.
19171.
19429.
19492.
19571.
19397.
19659.
19769.
19677.
19580.
19619.
19804.
19841.
19729.
19702.
20125.
20132.

I
I
I
!
I
I
I
1
!
1
1
1
1
»
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
!
1
1
!
1
1
1
!
!
1

1
1
1
1
!
1
1
1
1
1
1
1
1

18930.
18654.
18500.
18463.
18415.
18380.
18202.
18320.
18335.
18244.
18192.
18451.
18193.
18167.
18201.
18345.
18287.
18341.
18276.
18307.
18352.
18257.
18233.
18215.
18750.
18493.
18539.
18446.
18386.
18357.
18809.
18651.
18593.
18605.
18566.
18573.
18609.
18906.
18862.
19121.
18933.
19230.
19277.
19208.
19198.
19153.
19297.
19221.
19219.
19176.
19656.
19788.

!
1
1
1
!
1
1
1
I
1
1
1
1
1
1
!
1
1
1
!
1
1
i
1
1
1
!
1
1
1
1
1
1
1
1
1
1
1
1
!
!
1
)
1
!
!
1
1
1
!
!
1

50.1
49.3
49.0
48.9
48.2
48.4
48.3
48.4
48.2
48.2
48.3
48.5
48.1
48.3
48.4
48.5
48.3
48.2
48.4
48.5
48.5
48.3
48.6
48.7
49.1
48.7
49.1
49.4
49.1
48.9
49.1
49.4
49.3
49.3
49.0
49.3
49.5
49.7
49.5
49.7
49.8
50.2
50.0
49.9
50.2
50.3
50.6
50.6
50.6
50.8
51.3
51.7

l
I
I

l
!
I
I
!
I
I
!
I
I
I
I
I
I
I

l
I
l
i
I
I
I
I

J
I
I
l
I

J
I
I
I
I
I

l
I
!
I
I
!
I
!
I
I
I
!
I
I
I

167.5
165.9
165.1
164.9
164.5
164.9
164.0
165.0
165.1
164.7
164.5
166.4
164.7
164.5
165.4
166.4
166.0
166.6
166.4
166.9
167.3
166.6
166.6
166.6
170.3
168.7
169.2
168.8
168.6
168.4
171.2
170.3
170.2
170.4
170.0
170.2
170.7
172.9
172.7
174.4
173.4
175.5
175.8
175.2
175.3
175.2
176.1
175.7
175.3
175.1
178.4
179.4

!
I
!
I
I
I
1
1
!
!
1
!
1
1
1
i
1
1
1
1
1
»
1
!
I
1
!
1
1
i
1
1
1
1
1

1
1
1
1
1
1
1
1
1
!
!
!
1
1
1
!
1

58.8
58.8
59.0
59.2
59.4
60.2
60.4
60.5
60.8
61.1
61.4
61.4
61.6
61.9
62.2
62.3
62.4
62.8
63.2
63.3
63.6
63.7
63.9
64.0
64.1
64.3
64.8
64.8
65.0
65.2
65.3
65.4
65.6
65.7
65.7
65.9
66.1
66.2
66.3
66.6
66.7
66.7
66.8
66.8
66.9
66.9
66.6
66.7
66.8
66.9
66.9
67.1

I
I
I
I
I
J
I
I
I
!
»
I
1
1
1
1
!
1
1
!
1
1
«
!
1
1
1
1
1
!
1
1
1
1

1
I

1
1
1
1
1
1
1

1
1
1
!
1
1
1
1
1

103.5
102.9
103.0
102.8
•101.8
101.0
100.4
99.4
99.2
98.9
99.9
100.3
98.9
98.6
100.4
102.3
102.0
100.9
99.8
99.6
98.6
98.5
99.2
100.7
101.1
99.2
99.0
99.9
100.9
100.7
100.5
100.3
100.3
99.4
99.2
99.5
101.5
102.8
101.1
100.6
101.2
102.5
103.5
103.4
103.2
104.0
103.6
103.7
103.8
105.1
107.9
106.8

J
I
l
(
!
!
I

l
I
!
1
»
1
1
1
!
1
1
1
1
!
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
1
I

1
»
!
1
1

J
J
1

7.7
7.8
7.4
7.0
6.6
6,9
7.0
7.0
6.6
6.9
7.0
7.0
6.7
6.6
7.1
7.1
6.8
6.6
6.8
6.8
6.7
6.5
6.9
6.9
7.0
6.6
6.8
7.4
7.1
6.9
6.6
7.0
6.9
7.0
6.7
6.6
7.1
6.9
6.9
7.0,
7.3
7.4
7.3
7.1
7.5
7.5
7.6
7.4
7.3
7.5
7.5
7.6

1
1

OTHER
!
I
I
I
I
I
!
I
I
I
)
1
I
1
1
1
J
1
1
1
1
1
1
!
1
1
1
1
1
1
I
1
1
I
1
!
!
1
1
1
1
l
1
1
1

J
!
1

95.8
95.1
95.6
95.8
95.1
94.0
93.4
92.4
92.6
92.0
92.9
93.4
92.2
92.0
93.3
95.2
95.2
94.2
93.0
92.8
91.9
92.0
92.3
93.8
94.1
92-6
92.2
92.6
93.7
93.8
93.9
93.3
93.3
92.3
92.6
92.9
94.3
95.9
94.2
93-6
93.9
95.1
96.2
96.3
95.7
96.5
96.0
96.2
96.5
97.7
100.4
99.3

!
1
!
1
!
1
1
1
1
1
I
1
1
1
1
1
1
1
!
1
I
1
1
1
1
1
1
1
1
1
I
I
1
!
1
!
1
1
1
1
»
1
1
!

U.S.
GOVT
DEHAND
5.3
4.1
3.0
2.9
3.4
3.8
3.3
5.2
5,1
4,7
3.2
4.7
4.1
4,0
2.8
1.8
1.6
2.9
3.5
3.9
5.1
4.4
3.5
1.9
5.1
5.1
5.5
4.0
2.7
2.4
5.4
4*6
4.3
5.4
5.0
4.8
3.2
3.9
5.3
7.3
5.5
6.2
5.5
4.9
5,2
4.3
5.8
5.4
4i 7
3.1
3.6
5.5

TABLE 4
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED
M EM BER

BANK

M IL L IO N S

RESERVES

OF

D E P O S IT S

S U B JEC T

D O LLA R S

B IL L IO N S
M ONETARY
BASE

HONBORROHED

TOTAL

TO

RESERVE
OF

P R IV A T E

R E Q U IR E D

T I M E AN D
S A V IN G S

TOTAL

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FIB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
HAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
CCT
OCT
OCT
CCT
NOV
NOV
NCV
NOV
DEC
EEC
EEC
DEC

3__ 1
10...|
17...J
24...|
31.. .|
7__ 1
14...|
21...|
28...|
7... |
14.. . |
21...1
28... 1
4... |
11...|
18... |
25...|
2.. . |
9... |
16...|
23. . . |
30...|
6... 1
13. . . |
20...|
27...|
4... I
11...|
18...|
25...|
1...I
8...I
15...|
22...I
29. • . |
5... |
12...|
19...|
26...|
3... |
10...|
17... |
24... I
3 1...|
7...|
14...|
21... |
28... |
5...|
12...|
19__ |
26...1

20802.
20292.
20056.
19972.
19758.
19698.
19520.
19580.
19485.
19484.
19348.
19665.
19648.
19663.
19504.
19686.
19878.
19868.
19852.
19815.
19831.
19809.
19801.
19638.
20038.
20062.
20240.
20141.
20094.
20002.
19838.
19815.
19813.
20010.
19914.
19839.
19952.
20159.
20191.
20174.
20333.
20306.
20358.
19807.
19559.
19417.
19685.
19630.
19529.
19527.
19953.
20325.




1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
i
1
1
1
1
1
1
1
1
1
1

20461.
20228.
19987.
19928.
19698.
19626.
19450.
19508.
19429.
19394.
19295.
19532.
19562.
19588.
19444.
19611.
19793.
19805.
19806.
19751.
19784.
19723.
19746.
19591.
19914.
19894.
20120.
20086.
19931.
19943.
19768.
19659.
19683.
19854.
19841.
19745.
19875.
20134.
20050.
20111.
20289.
20235.
20302.
19728.
19401.
19273.
19592.
19535.
19437.
19420.
19790.
20018.

I
I
I
I
I
I
I
I
l
I
I
I
I
I
I
I
l
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
J
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

20076.
19682.
19452.
19271.
19227.
19241*
19022.
19047.
18965.
19038.
18870.
19181.
19189.
19146.
19060.
19194.
19328.
19410.
19393.
19328.
19299.
19202.
19289.
19245.
19568.
19569.
19697.
19595.
19532.
19427.
19404.
19325.
19216.
19468.
19379.
19418.
19427.
19643.
19687.
19728.
19854.
19821.
19853.
19353.
19010.
18846.
19078.
19080.
19149.
19081.
19438.
19764.

1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

51.7
51.1
50.6
50.2
49.7
49.9
49.8
49.8
49.6
49.9
49.8
50.1
49.9
50.1
50.3
50.4
50.4
50.2
50.6
50.5
50.5
50.3
50.7
50.6
51.0
50.8
51.3
51.6
51.4
51.1
50.8
51.1
51.1
51.3
50.9
51.1
51.3
51.3
51.2
51.2
51.8
51.7
51.6
50.9
51.1
51.1
51.4
51.4
51.4
51.7
52.1
52.7

l
I
I
I
I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
j
1
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1

181.4
179.2
178.1
177.2
176.9
177.2
176.2
176.7
176.1
176.9
176. 1
178.4
178.5
178.3
178.3
179.3
180.3
180.8
180.9
180.8
180.8
180. 1
180.8
180.8
183.2
183.2
184. 1
183.8
183.6
183.0
182.5
182.1
181.6
183.6
183.0
183.2
183.7
185.4
185.8
186.1
187.1
187.2
187.6
186.9
187.2
186.4
187.9
188.2
188.4
188.2
190.9
193.4

1
1
1
i
1
1
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1

67.4
67.8
68.4
68.7
69.0
69.4
69.8
70.1
70.4
70.9
71.4
71.7
72.1
72.4
72.8
72.8
72.9
73.1
73.3
73.6
73.8
74.1
74.3
74.6
74.7
74.9
75.3
75.5
75.6
75.7
75.8
75.9
76.0
76.2
76.4
76.6
76.6
76.8
76.9
77.2
77.5
77.7
77.9
78.0
78.1
78.2
77.9
78.1
78.4
78.8
79.2
79.5

I
I
I
I
I
I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

108.6
107.4
107.0
105.9
104.5
103.6
103.1
102.0
101.2
101.5
101.9
102.4
100.4
100.5
102.3
104.3
104.3
103.4
101.9
101.3
99.7
99.2
100.0
101.5
102.4
100.5
100.1
101.0
102.1
101.9
101.6
101.2
101.1
99.8
99.5
99.6
101.6
103.1
101.7
101.5
101.7
103.0
103.7
103.8
103.7
104.0
104.1
104.4
104.5
105.5
107.8
108.2

D O LLA R S
D EM AN D

D E P O S IT S

NET
IN T E R B A N K

TOTAL

1962

R E Q U IR E H E N T S

I
I
I
I
I
I
I
I
I
I
I
I
I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
\

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

8.4
8.4
7.9
7.5
7.0
7.0
7.2
7.1
6.9
6.9
7.0
7.0
6.9
7.0
7.5
7.2
7.0
6.8
6.6
6.4
6.4
6.1
6.3
6.7
6.6
6.4
6.6
7.2
7.1
6.7
6.3
6.5
6.8
6.8
6.5
6.3
6.9
6.9
6.8
6.8
7.2
7.3
7.3
6.9
7.2
7.5
7.4
7.3
7.0
7.1
7.1
7.3

O .S .
GOVT
DEM AND

O TH ER

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
\

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

100.1
99.0
99.1
98.4
97.6
96.6
95.9
94.9
94.3
94.6
94.9
95.4
93.5
93.5
94.9
97.1
97.3
96.6
95.3
94.9
93.4
93.1
93.7
94.8
95.8
94.1
93.6
93.8
95.0
95.3
95.3
94.7
94.3
$3.0
93.0
93.3
94.7
96.2
94.9
94.7
94.5
95.7
96.4
96.9
96.5
96.6
96.7
97.1
97.5
98.4
100.7
100.9

I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I

5.5
4.1
2.7
2.6
3.4
4.2
3.3
4.6
4.6
4.4
2.8
4.3
6.1
5.5
3.2
2.2
3.1
4.4
5.7
5.9
7.3
6.8
6.4
4.7
6.1
7.8
8.6
7.3
5.9
5.4
5.2
5.0
4.5
7.5
7.1
7.0
5.4
5.6
7.2
7.3
8.0
6.6
6.1
5.2
5.4
4.2
5.9
5.8
5.5
3.9
4.0
5.8

TABLE 4
HEMBEK BASK DEPOSITS ASP RESERVES
HOT SEASONALLY ADJUSTED
MEMBER BANK RESERVES

1
i
i.
i
i
i
i
i
1963

JAM
JIM
JAM
JAM
JAM
FEB
FEB
FIB
FEB
MAR
MAR
BAR
MAR
APR
APR
APB
APR
MAI
MAI
MAI
MAI
MAI
JOH
JDM
JOM
JUH
JOL
JDL
JOL
JOL
JOL
AOG
AOG
AOG
AOG
SIP
SEP
SIP
SEP
OCT
CCT
CCT
OCT
OCT
NOV
MOV
MCV
NOV
EEC
EEC
DEC
EEC

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MOMETARI
BASE

TOTAL

2-..|
21079.
9. .- 1 20296.
16...| 20100.
23...| 19915.
30... | 19611.
6... I 19684.
19624.
13-- 1
20... | 19512.
27...| 19477.
6... I 19517.
13...| 19422.
20...| 19502.
19598.
27. ..|
3...|
19608.
10... | 19371.
17... | 19690.
24...| 19729.
19644.
1...I
8...|
19715.
15...| 19660.
22...| 19683.
29...1
19599.
5...|
19438.
12...| 19428.
19796.
19...|
26...1
20052.
3...|
20242.
10...| 20093.
17... | 20172.
24...| 19928.
31..-|
19648.
19913.
7...I
14...| 19709.
19654.
21...|
28... 1 19554.
4... | 19684.
19814.
11-- 1
13...| 19900.
25...| 20200.
2__ |
20177.
9...J
20192.
19989.
16...|
23...| 19942.
30... | 19755.
6...|
20166.
13... | 20065.
20... | 20250.
27... | 20035.
4... | 20320.
19994.
11...1
18...J 20680.
25... | 21001.




MOM—
BORRGMED

REQUIRED

20365.
20233.
20021.
19745.
19512.
19461.
19459.
19355.
19348.
19375.
19285.
19445.
19357.
19434.
19284.
19533.
19572.
19550.
19605.
19461.
19402.
19333.
19222.
19180.
19512.
19818.
19913.
19770.
19772.
19616.
19505.
19515.
19357.
19360.
19280.
19359.
19460.
19707.
19812.
19834.
19800.
19680.
19581.
19556.
19762.
19765.
19819.
19835.
19813.
19879.
20408.
20684.

20045.
19858.
19579.
19429.
19180.
19227.
19121.
19087.
19010.
19121.
18933.
19132.
19135.
19154.
18997.
19157.
19216.
19244.
19354.
19201.
19230.
19122.
19098.
19009.
19298.
19673.
19810.
19630.
19577.
19457.
19351.
19431.
19236.
19252.
19146.
19204.
19313.
19552.
19740.
19825.
19757.
19603.
19513.
19407.
19737.
19634.
19744.
19700.
19734.
19804.
20188.
20527.

TOTAL

PRIVATE DEMAMD DEPOSITS

|

I
MET
|
i INTERBANK1

|
|

u.s.

TIME AMD
SAVINGS
TOTAL

53.0
52.2
51.7
51.3
50.7
51.0
51.1
50.9
50.8
51.0
51.1
51.2
51.1
51.2
51.4
51.7
51.4
51.2
51.7
51.7
51.7
51.4
51.7
51.9
52.2
52.3
52.8
53.1
52.9
52.6
52.1
52.7
52.6
52.5
52.2
52.5
52.9
52.8
52.9
52.9
53.4
53.1
53.0
52.6
53.4
53.7
53.8
53.6
54.3
54.2
54.8
55.3

195.5
194.7
193.1
192.5
190.6
191.0
190,8
190.9
190.4
191.3
190,4
192.0
192.1
192.3
191.7
192.9
193.6
193.6
194.5
193.9
194.5
193.7
193.6
193.3
195.4
197.9
199.0
198.2
197.9
197.3
196.5
197.1
196.2
196.7
195.9
196.4
197.5
199.3
200.5
201.0
200.9
200.2
199.9
199.3
201.5
201. 1
202. 1
201.8
202.2
202.6
205.3
207.7

80.0
80.3
80.7
81.0
81.3
81.6
81.9
82.2
82.4
82.8
83.4
83.7
83.9
84.2
84.5
84.5
84.6
84.9
85.1
85.4
85.7
85.9
86.1
86.2
86.3
86.4
86.8
86.8
87.1
87.2
87.5
87.8
88.1
88.3
88.5
38.3
88.9
89.0
88.9
89.3
89.5
89.7
90.0
90.4
90.5
90.5
90.5
90.8
90.9
91.2
91.4
91.3

109.3
109.0
108.6
107.7
105.7
105.2
104.6
103.3
102.0
102.8
103.0
103.9
101.8
101.9
103.2
105.6
105.8
104.6
103.4
102.9
101.5
101.1
101.4
102.9
103.9
102.2
102.5
103.1
104.1
104.2
103.7
103.7
103.4
102.2
101.6
102.3
104.1
105.9
104.4
103.8
104.4
105.7
106.3
106.2
107.3
107.5
107.6
106.8
107.3
108.1
110.4
110.5

|
|
|
|
f
I

|
|
|
|
|
|

|
|
|
|
|
|
|
\

|
{

|
l
l

|
1
|
|
1
|
|
J
|
|
l
|
|
|
|
|
|

|
|
|
|
|
|
1
|
|
|

7.6
8.2
7.8
7.5
6.9
6.8
7.0
7.0
6.8
6.8
6.8
6.8
6.6
6.8
7.2
6.8
6.9
6.5
6.7
6.7
6.8
6.2
6.4
6.9
6.8
6.6
6.9
7.4
7.0
6.9
6.4
6.7
6.8
6.8
6.5
6.3
7.2
7.0
7.0
6.9
7.3
7.3
7.4
6.9
7.2
7.5
7.5
7.1
7.2
7.4
7.3
7.5

OTHER
101.7
100.8
100.8
100.2
98.9
98.3
97.5
96.3
95.2
96.0
96.2
97.2
95.2
95.1
96.0
98.8
98.9
98.2
96.7
96.2
94.8
94.8
95.0
96.0
97.1
95.6
95.6
95.6
97.1
97.4
97.2
97.0
96.6
95.4
95.1
95.9
96.9
98.9
97.4
96.9
97.2
98.4
98.9
99.3
100.1
100.0
100.1
99.7
100.1
100.7
103.1
103.1

|
|
I
1
t
|
1
|
|
|
|
J
|
|

|
|
1
I
|
|
|
|
|
|
|
1
I
|
|
J
|
|
l
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
I
|
|
|

GOVT
DEMAND
6.2
5.4
3.8
3.7
3.6
4.3
4.3
5.5
5.9
5.7
4.0
4.4
6.5
6.2
4,0
2.8
3.2
4.2
6.0
5.6
7.3
6.7
6,0
4.1
5.2
9.3
9.6
8.3
6.8
5.8
5.3
5.6
4.8
6.1
5.8
5.3
4.5
4.4
7.2
7.9
6.9
4.6
3.6
2.7
3.7
3.2
4.1
4.2
4.0
3.3
3.6
5.8

TABLE 4
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED
MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
BILLIONS OF DOLLARS

MILLIONS OF DOLLARS
MONETARY
BASE
TOTAL

HONBORROWED

REQUIRED

20899.
20805.
20544.
20299.
20023.
19978.
19811.
19880.
19836.
19821.
19725.
19855.
20231.
20154.
20142.
20178.
20004.
1983120066.
19991.
20006.
19906.
19930.
19897.
20289.
20495.
20624.
20542.
20534.
20270.
20146.
20290.
20221.
20305.
20282.
20216.
20201.
20514.
20847.
20862.
20889.
20746.
20621.
20539.
20734.
20588.
20725.
20900.
21001.
21020.
21253.
21584.
21487.

20663.
20701.
20305.
20174.
19827.
19854.
19776.
19751.
19683.
19693.
19664.
19338.
20002.
20037.
19928.
20069.
19882.
19698.
19988.
19892.
19896.
19783.
19899.
19857.
20161.
20376.
20443.
20514.
20422.
20151.
19957.
20209.
20123.
20192.
20140.
20133.
20182.
20372.
20775.
20752.
20826.
20575.
20574.
20465.
20769.
20646.
20724.
20801.
20987.
20852.
20999.
21444.
21429.

PRIVATE DEMAND DEPOSITS
TIME AND
SAVINGS

TOTAL

NET
INTERBANK

TOTAL
JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
CCT
OCT
CCT
OCI
NOV
NCV
NOV
NCV
DEC
DEC
DEC
DEC
EEC

1 ...|
8 . •. |
15. . |
2 2 ...|
2 9 ...|
5 ...|
1 2 ...|
1 9 ...|
2 6 ...|
4 ...|
1 1 ...|
1 8 ...|
2 5 ...|
1 ...I
8. . . |
1 5 ...|
22...I
2 9 ...I
6 ...|
1 3 ...|
2 0 ...|
2 7 ...|
3 ... |
1 0 ...|
1 7 ...|
2 4 ...|
1 ...|
8 ... |
15 ___ i
22...1
2 9 ...|
5 ...|
1 2 ...|
1 9 ...|
2 6 ...1
2. . . |
9 ...J
1 6 ...|
23. . . |
3 0 ...j
7 .. . |
1 4 ...|
2 1 ...J
28. . . \
4 ... |
1 1 ... 1
1 8 ... |
2 5 ... 1
2... |
9 ...I
1 6 ...J
2 3 ...|
3 0 ...i

214S7.
21169.
20905.
20463.
20200.
20220.
20178.
.2017*1.
20036.
20183.
19978.
20213.
20510.
20309.
20350.
20368.
20323.
19966.
20277.
20305.
20304.
20114.
20194.
20186.
20616.
20727.
20845.
20805.
20994.
20429.
20325.
20550.
20597.
20583.
20611.
20531.
20679.
20739.
21256.
21140.
21259.
20985.
2100120769.
21210.
21015.
21315.
21059.
21376.
21142.
21387.
21841.
21991.




J
1
1
!
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
i
1
1
1
1
1
1
1
J
1
1
1
1
1
I
1
1
1
1

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1

I
I
1
!
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
f
I
1
1
1
1
1
1
1
1
1
!
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

5 5 .4
55.1
5 4 .5
5 3 .9
5 3 .2
53.4
53.6
5 3 .5
5 3.2
53 .4
53.6
53.8
54 .0
53.8
54.2
54.2
54.1
5 3 .5
5 4.1
5 4 .3
54.3
54.0
54.3
5 4 .6
55.0
55 .0
55.1
55.7
55.8
55.1
54 .8
55.2
55.6
5 5 .4
5 5 .3
55 .2
55.9
55.7
5 6.1
55 .7
56 .3
56 .2
56 .1
55.7
56.3
56.6
56 .9
56.6
5 7 .1
57.2
57 .4
5 8 .0
58 .2

I
I
I
I
I
I
I
I
i
I
l
I
I
i
I
J
I
I
I
I
J
I
I
I
I
I
1
1
1
J
1
1
I
1
1
1
1
J
1
1
1
1
J
1
J
1
1
1
1
1
1
\

1

2 08.7
2 0 9 .6
2 0 7 .4
2 0 6 .9
2 04.7
2 04.8
204. 8
2 0 4 .9
2 0 4 .4
2 0 4 .5
2 0 4 .6
2 05.9
2 0 7 .2
2 07.2
20 6 .8
2 0 7 .9
207. 1
20 6 .0
207.8
20 7 .5
2 07.9
207.2
20 8 .0
2 0 8 .0
210.1
2 11.7
211.9
21 2 .6
21 2 .3
2 1 0 .9
20 9 .6
211. 1
210.9
2 11.7
211 .3
2 1 1 .3
2 1 2 .0
213. 4
2 1 6 .2
2 1 5 .9
21 6 .6
21 5 .5
215.8
215.2
2 1 7 .0
21 6 .7
2 17.4
2 1 7 .8
219.2
218 .3
2 1 9 .5
2 22.7
222.8

I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
J
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
i

1
1
1
1
1
1
1
1
1
1
I
1
1

9 1 .8
9 2 .5
9 3 .1
93.4
9 3 .7
93.9
9 4 .4
9 4 .6
94 .7
95.0
95 .3
95 .5
95.6
9 5 .8
96 .0
96 .2
96.2
9 6 .6
96.8
97.1
97.4
97 .7
98 .0
9 8 .2
9 8 .3
98 .2
98.3
9 8 .6
98 .8
99 .1
9 9 .3
99.4
9 9 .6
99 .8
1 00.0
10 0 .3
100.5
10 0 .5
1 0 0 .2
1 0 0 .7
101.1
101.5
1 0 1 .6
10 1 .9
1 0 2 .0
1 02.1
102.1
102.2
102 .3
10 2 .6
10 2 .9
103.0
1 03.4

I
I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
»
1
1
1
1
1
I
1
1
1
1
1

111.1
111.4
1 1 0 .6
11 0 .8
108 .5
107.8
1 0 7.2
10 5 .7
10 4 .4
1 0 4.5
1 05.3
1 0 6.4
1 0 4.7
104.3
10 5 .5
1 07.2
108.9
10 6 .8
105.9
1 0 4.9
103.8
102 .6
103 .5
10 4 .2
10 6 .2
10 5 .5
104.5
105.5
1 06.1
1 07.0
106.1
106.4
106.4
105 .7
104.8
10 5 .7
106.5
10 9 .3
109.1
106.9
1 08.1
109.0
110.1
109.6
110.4
110.5
11 0 .5
109.5
11 0 .5
110.9
113.4
11 4 .7
11 3 .5

I
I
I
l
I
I
1
I
1
1
1
1
1
1
1
1
1
1
i

I
1
1
1
1
I
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!

7 .6
7 .9
7 .6
7 .4
6 .8
6 .8
7 .0
6 .9
6 .7
6 .6
7 .2
6 .9
6 .8
6 .4
7 .2
7 .2
7 .2
6 .6
6 .6
6 .8
6 .6
6 .4
6 .3
6 .8
6 .6
6 .7
6 .6
7 .3
7 .0
7 .1
6 .6
6 .5
7 .1
7 .0
6 .8
6 .7
7 .1
7 .3
7 .3
6 .8
7 .3
7 .4
7 .6
7 .0
7 .3
7 .8
7 .4
7 .3
7 .4
7 .3
7 .1
7 .5
7 .5

U.S.
GOVT
DEMAND

OTHER
I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
l
1
1

1 03.5
1 03.4
103.0
1 0 3 .4
1 0 1 .7
1 0 1 .0
1 0 0 .2
9 8 .9
9 7 .8
9 7 .9
9 8 .1
9 9 .5
9 7 .8
9 7 .9
9 8 .3
100.0
101.8
100.2
9 9 .3
98.1
9 7 .2
9 6 .2
9 7 .2
9 7 .4
9 9 .7
9 8 .8
9 7 .9
9 8 .2
9 9 .1
9 9 .9
9 9 .5
9 9 .8
9 9 .3
9,8.7
9 8 .0
9 9 .0
9 9 .4
10 1 .9
10 1 .8
100.1
1Q 0.8
10 1 .6
1 02.5
1 0 2 .5
10 3 .2
102.7
103.1
1 0 2 .3
10 3 .2
1 03.6
10 6 .3
10 7 .2
10 5 .9

1
1
1
1
1
1
1
1
1
1
1
I
l
1
1
1
1
1
1
I
1
1
1
t
1
1
1
1
1
1
1
1
1
1
1
1
1
1
»
1
1
1
1
1
1
1
1
1
1
I
1
1
1

5 .8
5 .7
3 .7
2 .7
2 .5
3 .1
3 .2
4 .7
5 .2
5 .0
4 .0
4 .0
6 .9
7 .0
5 .3
4 .5
2 .0
2 .6
5.1
5 .5
6 .8
6 .8
6.4
5 .5
5 .6
8 .0
9 .1
8 .6
7 .4
4.9
4 .1
5 .3
4.9
6 .2
6 .5
5 .3
5 .0
3 .6
6 .8
8.3
7 .5
5 .0
4.1
3 .7
4.6
4.0
4 .8
6 .1
6 .3
4 .8
3 .1
5 .0
5 .9

TABLE A
MEMBER BASK DEPOSITS AID RESERVES
NOT SEASOIALLT ADJUSTED

1965

JAN
JAN
JAN
JAN
FEB
FEB
FIB
FEB
NAB
NAB
NAB
NAB
NAB
APR
AEB
ABB
AEB
NAT
HAT
HAT
HAT
JON
JON
JON
JON
JON
JOL
JOL
JOL
JOL
AUG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
SEP
CCT
CCT
CCT
OCT
NOV
NOV
NCV
NOV
EEC
EEC
DEC
EEC
EEC

I
I
I
l_
I
I
I
I
1
6... |
13...|
20... I
27... |
3...|
10...|
T7. . . |
24...I
3... |
10...|
17...|
24...|
31...|
7. . • |
14...|
4,1. . . |
28...1
5...|
12...1
19..• |
26. . . 1
2... 1
9... |
16...t
23... |
30... |
7...1
14... |
21...I
28... |
4... !
11... |
18... |
25... |
1... |
8... I
15... |
22... |
29... |
6... |
13...|
20.. -|
27... |
3... |
10... |
17... |
24... |
1...I
8...|
15... |
22...1
29..-I

MEMBER BANK RESERVES

DEPOSITS SUBJECT TO BESEBVE REQUIREMENTS

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS
HONETART
BASE

TOTAL

2220121843.
21440.
21258.
21401.
21312.
21051.
21187.
21142.
21062.
21168.
21512.
21364.
21501.
21289.
21722.
21403.
21745.
21465.
21445.
21368.
21417.
21367.
21649.
22057.
21893.
22168.
22106.
21663.
21594.
21783.
21600.
21514.
21521.
21574.
21411.
21585.
22114.
21911.
22052.
21705.
22274.
21840.
22111.
21904.
21877.
21750.
22192.
22334.
22463.
22804.
23080.




NOHBORRONED

REQUIRED

21892.
21419.
21163.
21055.
21123.
20840.
20698.
20667.
20872.
20677.
20798.
21049.
20877.
20931.
20892.
21150.
21058.
21267.
20967.
20945.
20885.
20899.
20893.
21038.
21474.
21407.
21586.
21486.
21238.
21115.
21239.
20984.
21023.
20976.
21037.
20928.
21027.
21487.
21358.
21516.
21210.
21683.
21502.
21625.
21570.
21388.
21389.
21658.
21856.
21977.
22586.
22534.

21854.
21252.
21051.
20917.
21017.
20816.
20729.
20648.
20922.
20694.
20840.
21051.
20996.
21126.
21011.
21248.
21162.
21411.
21116.
21102.
21058.
21086.
21065.
21247.
21642.
21555.
21820.
21574.
21469.
21272.
21397.
21177.
21185.
21110.
21141.
21039.
21118.
21679.
21554.
21609.
21405.
21781.
21643.
21730.
21475.
21561.
21514.
21767.
21873.
21898.
22570.
22617.

|

TOTAL

58.1
57.5
56.8
56.3
56.5
56.7
56.3
56.4
56.3
56.6
56.6
56.9
56.5
57.1
57.0
57.3
56.6
57.2
57.2
57.1
56.9
57.2
57.5
57.7
58.0
57.7
58.7
58.7
58.1
57.8
58.1
58.3
58.2
58.0
57.9
58.3
58.3
58.8
58.5
59.0
58.9
59.4
58.8
59.2
59.4
59.5
59.4
60.0
60.5
60.7
61.2
61.4

226.1
223.0
222.3
221.7
222.3
221.6
221.3
221.2
222.9
221.8
223.0
224.7
224.2
225.2
224.9
226.7
226.4
228.0
226.6
226.9
226.5
226.8
227.1
228.5
231.3
230.6
232.7
231.5
231.4
230.0
230.9
230.0
230.4
230.0
230.3
230.1
230.8
234.5
233.7
234.4
233.9
236.7
235.9
236.5
235. 2
235.9
235.7
237. 5
238.0
238.4
242.9
243.3

PRIVATE DEMAND DEPOSITS
TINS AND
SAVINGS I
1
NET
|
I
TOTAL
I INTERBANK|
OTHER
f
i
l
l
8.0
\
116.1
1
108.1
T o O
105.2
8.0
| 114.3
|
106.3
105.8
7.5
| 113.9
J
106.3
104.7
106.5
7.0
! 111.7
|
104.4
106.9
| 111.2
|
6.8
107.5
! 109.9
|
7.1
102.8
I 108.8
|
7.0
101.7
107.9
99.6
| 106.6
I
6.9
108.2
108.5
101.8
t 108.5
|
6.8
109.0
7.0
| 108.2
|
101.2
109.4
| 109.6
|
6.8
102.8
109.4
| 107.9
|
6.9
101.0
100.1
6.7
109.8
| 106.8
f
110.1
| 108.7
|
7.1
101.6
110.4
| 110.4
1
7.3
103.2
105.5
110.4
| 112.4
J
6.9
110.8
| 110.4
|
6.8
103.6
102.6
111.1
| 109.1
|
6.5
100.8
|
107.5
|
6.8
111.4
99.5
111.7
1 106.0
|
6.5
98.6
| 104.9
l
6.3
111.9
6.4
99.5
112.3
| 105.8
|
7.1
112.5
I 107.4
|
100.3
| 109.3
|
102.6
112.8
6.7
| 109.5
|
102.5
112.7
7.0
100.6
113.1
l 107.3
|
6.6
113.4
l 108.4
l
7.4
101.0
113.8
J 109.5
|
7.5
101.9
| 109.7
I
7.1
102.6
114.2
| 108.6
l
6.7
101.9
114.6
115.0
6.5
102.7
| 109.2
\
| 108.7
I
101.5
115.3
7.2
101.0
115.6
| 107.9
|
6.9
116.0
6.8
100.0
| 106.8
1
6.7
116.4
| 107.7
|
101.0
116.7
101.3
1 108.5
|
7.3
116.8
I 111.5
J
7.7
103.9
105.6
116.2
7.6
| 113.2
|
116.8
| 110.0
f
1Q2.8
7.2
103.7
117.6
7.6
1 111.2
|
104.0
| 112.0
|
7.9
118.2
118.5
| 113.1
|
7.8
105.3
105.5
118.8
7.3
1 112.8
1
7.4
118.9
I 113.7
|
106.3
| 113.6
|
105.5
119.0
8.0
106.0
119.0
\
114.0
|
8.1
105.4
| 113.0
1
119.1
7.6
105.6
119.4
| 113.1
|
7.5
106.6
119.6
I 114.2
I
7.6
7.7
108.8
119.8
| 116.5
|
| 119.5
|
8.1
111.4
119.6
110.0
| 118.0
|
120.0
7.9

|
1
|
I
J
J
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I
|
|
|

|
|
|
|
|
i
|

|
|
|
l
1
1
|
f
1
|
|
|
1
l
|
|

U.S.
GOVT
DEHAND
5.7
3.6
2.6
3.4
4.2
4.2
4.7
6.4
5.9
4.6
4.0
7.4
7.6
6.4
4.1
3.9
5.3
7.8
7.6
9.3
9.7
8.7
7.2
6.4
9.1
10.3
10.8
8.3
7.5
6.9
6.7
6.0
6.8
7.2
6.2
4.9
2.5
5.0
6.9
5.6
3.7
5.2
4.4
3.9
2.7
2.9
3.6
5.1
4.2
2.2
3.8
5.3

TABLE 4
MEMBER BANK DEPOSITS AMD RESERVES
NOT SEASONALLY ADJUSTED
MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS OF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

NONBORROHED

TOTAL

PRIVATE DEMAND DEPOSITS

REQUIRED

U.S.

TIME AND
SAVINGS

TOTAL

TOTAL

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JON
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
CCT
CCT
CCT
NCV
NOV
NCV
NCV
NOV
EEC
DEC
DEC
DEC

__i
5...|
12...I
19...I
26...!
2... I
9... |
16...|
23...I
2...|
9...I
16...!
23___!
30...J
6...I
13...|
20__ |
27...|
4 ... !
1 1 ... |
18...!
25...!
1 ... |
8 ...|
15...|
22...|
29...|
6...|
13...|
20...|
27...|
3 ... 1
10...!
17...!
24...J
31...J
7...!
14...|
21...!
28...!
5... |
12-- |
19...!
26...|
2... (
9... |
16...!
23...|
30...|
7... !
14... |
21...|
28... 1

23270.
23232.
22467.
22451.
22538.
22323.
22153.
22106.
22116.
22045.
22121.
22396.
22176.
22358.
22402.
22627.
22615.
22735.
2259a.
22475.
22241.
22368.
22204.
22330.
22719.
22936.
23173.
23252.
22935.
22947.
22987.
22878.
22606.
22454.
22641.
22659.
23231.
23751.
23133.
23614.
23358.
23318.
23267.
23380.
23355.
23354.
22923.
23226.
23188.
23518.
23892.
24165.




I
i
1
l
1
1
1
1
1
1
!
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
1
1
1
J
1
1
1
1

22708.
22642.
22249.
22099.
22120.
21820.
21700.
21586.
21652.
21431.
21585.
21794.
21668.
21735.
21799.
21942.
21973.
22118.
21913.
21812.
21588.
21556.
21657.
21542.
22028.
22165.
22346.
22434.
22304.
22267.
22209.
22096.
21876.
21735.
21950.
21910.
22343.
22980.
22483.
22786.
22430.
22528.
22749.
22786.
22709.
22643.
22484.
22590.
22739.
22871.
23420.
23617.

I
1
1
»
1
I
1
1
1
1
1
J
1
1
J
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
1
!

22951.
22544.
22259.
22146.
22190.
21979.
21816.
21708.
21823.
21685.
21758.
22025.
21888.
22025.
22042.
22254.
22235.
22449.
22253.
22156.
21927.
21932.
21997.
21865.
22437.
22477.
22823.
22528.
22764.
22671.
22634.
22417.
22329.
22080.
22277.
22322.
22727.
23159.
23066.
23300.
22945.
22829.
23120.
23101.
22977.
22807.
22739.
22766.
23007.
23008.
23688.
23728.

I
1
!
1
1
1
1
!
1
1
»
1
1
1
1
1
1
1
!
I
!
1
I
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
J
1

61.3
61.3
60.1
59.8
59.8
60.0
59.7
59.5
59.4
59.8
59.8
60.1
59.7
60.2
60.6
60.5
60.3
60.5
60.8
60.6
60.2
60.5
60.7
60.9
61.2
61.2
62.1
62.4
61.9
61.7
61.8
62.1
61.7
61.4
61.3
61.9
62.5
62.8
61.9
62.6
62.8
62.6
62.3
62.4
63.0
63.1
62.7
63.0
63.3
63.8
64.3
64.7

■11
1
!
I
I
1
I
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1

245.7
243.9
242.5
241.9
241.9
240.8
240.0
239.6
240.1
239.7
240.3
242.4
241.6
242.8
243.5
245.4
245.5
246.8
245.9
245.8
244.2
244.2
244.9
243.5
247.5
247.9
250.5
249.2
248.8
247.5
247.1
245.9
245.7
244.0
245. »
245.4
245.8
248.0
247.3
248.3
246.4
245.9
247.0
246.7
246.2
245.2
244.5
244.3
245.9
246.2
250.7
251.5

l
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
!
1
1
»
1
J
1
1
1
1
1
!
1
1
1
1
1
1
1
!

120.7
120.9
121.4
121.9
122.0
122.1
122.4
122.6
122.8
123.3
123.5
123.6
124.3
124.8
125.2
125.3
125.8
126.1
126.5
126.8
127.1
127.4
127.6
126.8
126.5
127.1
127.7
128.2
128.5
128.8
128.8
128.9
129.3
129.4
129.5
129.3
129.2
128.6
128.8
128.7
128.6
128.5
128.0
127.8
127.6
127.2
127.0
127.0
127.3
127.5
127.6
128.5

l
1
1
!
1
I
1
1
1
1
1
1
I
!
1
!
1
1
1
1
1
1
1
!
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
i

1
1
1
1

120.3
119.6
119.0
116.8
116.2
114.8
113.6
111.6
112.5
112.8
114.6
113.9
112.3
113.8
116.3
118.9
117.0
115.2
113i6
112.0
110.2
110.4
112.3
114.0
116.4
111.9
113.1
113.0
114.2
112.4
113.1
111.7
112.2
110.8
111.0
112.1
113.9
116.8
112.9
113.6
113.8
114.6
114.1
114.6
114.6
115.3
114.8
114.2
115.6
116.8
121.1
118.3

NET
INTERBANK
il
8.2
1
J
8.7
1
1
8.1
1
1
7.6
1
1
7.4
1
1
7.5
1
1
7.3
!
1
7.5
1
1
7.4
I
1
7.6
1
l
7.7
1
I
7.6
1
1
7.4
1
1
7.8
1
1
7.9
1
1
7.8
!
1
7.5
1
1
7.4
1
!
7 .7
1
1
7.2
1
1
7.0
1
l
7.1
1
1
7.5
1
1
7.5
1
7.5
1
1
7.3
1
1
8.0
1
1
8.6
1
1
7.9
1
1
7.6
1
1
7.3
1
1
7 .7
1
1
7.6
i
1
7.2
1
1
7.0
1
1
7.4
1
1
7.9
1
1
7.9
1
1
7.5
1
1
7.5
!
J
8.1
1
1
8.0
1
1
7.5
1
1
7.3
1
7.9
1
1
8.3
1
1
7.8
1
1
7.7
1
i
7.6
!
1
7.9
1
1
7.8
1
1
7.9
1
1

GOVT
DEM AND

OTHER
112.0
111.0
110.9
109.2
108.8
107.4
106.3
104.1
105.1
105.2
107.0
106.3
104.9
106.0
108.4
111.1
109.6
107.8
105.9
104.7
103.2
103.3
104.8
106.5
108.8
104.7
105.1
104.4
106.2
104.8
105.8
104.0
104.7
103.7
104.0
104.7
106.0
108.9
105.5
106.1
105.7
106.6
106.5
107.3
106.7
107.0
106.9
106.4
108.0
108.9
113.3
110.4

1
r
i
i
i
i
i
i
i
i
i
!
1
1
1
1
1
1
1
I
1
1
1
1
!
1
1
1
1
1
!
1
1
1
1
1
!
1
1
1
1
1
1
!
1
!
1
1
1
1
1

4.7
3.3
2.1
3.3
3.7
3.9
4.6
5.5
4.9
3.6
2.2
4.9
5.0
4.2
2.1
1.1
2.6
5.4
5.9
7.0
6.9
6.4
5.1
2.7
4.6
8.8
9.7
8.0
6.1
6.3
5.2
5.3
4.2
3.8
4.6
4.1
2.7
2.6
5.6
6.0
4.0
2.7
5.0
4.2
4.1
2.7
2.8
3.1
3.1
1.8
1.9
4.7

TABLE 4
HEHBEB BANK DEPOSITS AND RESERVES
EOT SEASOMALLT ADJUSTED
I
1
1
1.
1
t
1
I
1967

JIB
JAM
JAB
JAM
BIB
FIB
FIB
FEB
HAS
MAR
BAB
BAB
MAR
APB
APB
APB
APB
BAT
HAT
BAT
HAT
HAT
JOB
JOH
JTJH
JOB
JDL
JUL
JDL
JDL
AUG
AUG
AUG
AUG
AUG
SEP
SIP
SIP
SIP
CCT
OCT
CCT
CCT
MOV
NCV
MO?
NCV
MCV

4. • • |
11...|
18...!
25... |
1...I
8.. . |
15... [
22...|
1... I
8...|
15...|
22... |
29...|
5... |
12..-|
19...|
26...|
3... |
10...I
17... |
24... |
3 1...|
7...|
14...|
21...|
28.•. |
5. . • 1
12...|
t9...|
26...|
2... |
9...1
16. . . 1
23...|
30... |
6...|
13...|
20...1
27... |
4...(
11...|
18...1
25...|
1... |
8 .•1
15...1
22...|
29...I
6...|
EEC
EEC
13...|
20...|
EEC
DEC 27.. . I

.

HEHBIH BAMK BSSEBTES

DEPOSITS SUBJECT TO BSSEBVE RBQUIRBHENTS

MILLIONS OP DOLLABS

BILLIONS OF DOLLABS
HOHETABT
BASE

TOTAL

24662.
24499.
23661.
23989.
23909.
23849.
23726.
23813.
23423.
23187.
23282.
23692.
23329.
23389.
23162.
23580.
23385.
23623.
23413.
23386.
23Q81.
23059.
23176.
23213.
23767.
23547.
23884.
24066.
23889.
24021.
23974.
23960.
23763.
23773.
23475.
23925.
24039.
24316.
24212.
24642.
24399.
25029.
24549.
24705.
24754.
24699.
24622.
24658.
24840.
24710.
25203.
25687.




NONBORROWED

REQUIRED

24097.
23914.
23444.
23451.
23733.
23496.
23270.
23336*
23256.
22985.
23109.
23390.
23194.
23209.
23017.
23402.
23287.
23489.
23350.
23263.
23031.
22957.
23099.
23170.
23676.
23406.
23531.
23997.
23838.
23967.
23858.
23869.
23634.
23726.
23429.
23846.
23969.
24210.
24138.
24498.
24254.
24813.
24491.
24625.
24622.
24537.
24495.
24539.
24753.
24589.
25018.
25342.

24267.
23872.
23536.
23473.
23569.
23560.
23308.
23230*
23264.
22828.
22910.
23125.
22944.
22942.
22936.
23102.
23139.
23218.
23084.
22982.
22754.
22678.
22845.
22858.
23506.
23116.
23422.
23423.
23653.
23589.
23679.
23589.
23381.
23300.
23215.
23593.
23653.
23908.
24001.
24229.
24150.
24468.
24359.
24414.
24424.
24181.
24401.
24274.
24552.
24377.
24936.
25245.

|
TOTAL

64.8
64.7
63.4
63.3
63.0
63.4
63.3
63.3
62.7
63.0
63.0
63.5
62.9
63.0
63.2
63.4
63.0
63.3
63.6
63.5
63.1
63.0
63.6
63.8
64.3
63.8
64.6
65.2
64.7
64.6
64*5
65*0
64.7
64.7
64.1
65.0
65.2
65.3
64.9
65.5
65.8
66*4
65.7
65.6
66.3
66.3
66.4
66.5
66.9
67.1
67.7
68.5

255.7
253.8
252.1
252.1
252.8
253.2
252.2
251.9
252.0
252.4
253.5
258.0
257.1
257.1
257.7
259.1
259.2
259.8
259.4
259.2
257.8
257.6
259.0
259.6
264.0
261.6
264.1
264.4
266.5
266.0
266.9
266.9
266.0
265.6
264.9
267.8
268.7
270.4
270.8
272.4
272.3
274.9
274.0
274.4
274.9
273.4
274.9
274.4
275.8
275.2
278.6
280.8

i TIHE AND
| SAVINGS 1
|
1
t 129.4
1
| 130.0
1
| 130.8
1
1 131.9
1
| 132.8
|
t 133.4
I
| 133.9
1
} 134.3
1
| 134.6
I
| 135.4
|
|
l 136.2
| 136.5
|
| 137.0
|
|
| 137.5
1 137.9
1
| 137.8
|
|
l 138.0
| 138.3
|
| 138.8
I
|
| 139.3
J 139.8
1
l 140.3
1
| 140.7
|
|
| 141.3
|
| 141.2
|
J 141.5
l
| 142.2
| 142.3
|
| 143.1
I
1
I 143.5
| 144.1
1
| 144.8
|
|
| 145.1
| 145.4
|
1
| 145.8
|
| 146.1
l
t 146.2
|
| 145.8
|
J 146.0
| 146.4
t
I
J 146.7
| 147.0
|
\
147.1
|
J 147.4
|
1
I 147.4
| 147.5
1
|
| 147.5
| 147.9
l
| 148.0
|
|
! 148.3
|
| 148.0
| 148.0
|

PBIVATE DEHAND DEPOSITS

|

I
NET
|
I INTERBANK 1
1
1
8.9
8.9
l
|
8.0
|
7.5
7.4
|
|
7.8
1
7.6
I
7.8
7.4
|
|
7.5
|
7.5
|
7.6
|
7.1
|
7.7
|
8.2
8.0
|
|
7.7
l
7.5
7.4
l
l
7.2
|
7.3
6.9
|
1
8.1
|
7.8
l
7.8
|
7.8
|
8.1
8.7
|
7.9
|
|
7.7
7.5
|
8.2
|
|
7.9
|
7.9
|
7.5
l
8.1
8.6
1
J
8.3
|
8.0
|
8.5
8.9
1
9.0
l
8.4
|
|
7.9
|
8.7
8.6
|
l
8.9
J
8.7
8.3
l
8.7
|
|
8.6
8.6
1

|
|

TOTAL
1
121.8
119.9
118.9
116.2
116.0
115.1
114.1
113.3
112*9
113.4
114.7
116.7
114*0
115.4
116.5
118.1
115.7
115.4
113.5
114.0
112.3
113*0
115.4
116.5
118.5
115.5
117.4
117.8
117.9
116.5
117.9
117.3
117.5
116.4
116.4
118.1
119.8
120.5
118.6
120.4
121.0
121.8
120.6
121.2
122.4
122.3
122.4
122.0
123.6
124.2
126.5
126.2

OTHER
1
112.9
111.0
110.9
108.7
108.6
107.4
106.5
105.5
10$. 4
105.8
107.2
109.1
107.0
107.7
108.3
110.1
108.0
107.9
106.1
106.8
105.0
106.1
107.3
108.6
110.8
107.7
109.3
109.1
110.0
108.8
110.4
109.1
109.6
108.5
108.9
110.0
111.1
112.2
110.6
112.0
112.1
112.8
112.2
113.3
113.7
113.6
113.4
113.3
115.3
115.4
117.9
117.6

|
i
|
|
l
1
|
J
l
|
|
|
l
|
|
i
f
|
|
l
|
|
1
1
l
|
|
|
l
|
|
|
l
|
|
|
|
\

|
|
l
l
|
1
|
1
|
|
|
|
|
|

U.S.
GOVT
DEHAND
4.5
3.9
2.4
4.0
4.0
4.7
4.1
4.4
4.6
3.7
2.6
4.8
6.1
4.2
3.4
3.1
5.5
6.0
7.1
6.0
5.8
4.3
2.8
1.9
4.2
4.6
4.5
4.2
5.5
5.9
4.8
4.9
3.3
3.8
2.7
3.7
2.7
4.1
6.2
5.5
4.7
6.2
6.3
5.7
5.0
3.6
5.1
4.5
4.2
2.7
4.2
6.5

TABLE 4
MEMBER BAEK DEPOSITS AMD RESERVES
HOT SEASONALLY ADJUSTED

1968

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
BAR
MAR
BAR
BAR
APR
APR
APR
APR
MAY
MAY
MAY
HAY
HAY
JUN
JUN
JUN
JUN
JOL
JUL
JUL
JUL
JUL
AU6
AUG
AUG
AUG
SEP
SEP
SEP
SEP

CCT
CCT
OCT
CCT
CCT
NCV
NCV
NCV
NCV
EEC
EEC
EEC
EEC

t
I
1
|_
1
1
1
1
1
3... 1
10...f
17. . . |
24...|
31__ 1
7. • . I
14...j
21... |
28...|
6.
|
13...|
20-- i
27...|
3.. . |
10...|
17...J
24...|
1... |
8... |
15...|
22...|
29...|
5...!
12...i
19...|
26...|
3...|
10...|
17. . . J
24...1
31...|
7...|
14...J
21... |
28... |
4... 1
11...I
18...|
25... |
2... I
9 . . .

|

16... |
23...|
3 0...|
6... |
13...|
20...1
27-- I
4... I
11...i
18.•• |
25... |

DEPOSITS SUBJECT TO RESERVE REQUIREHEMTS

HEHBER BANK RESERVES

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS
HONETARY
BASE
TOTAL
26448.
25911.
25571.
25922.
25672.
25921.
25530.
25275.
25636.
25797.
25548.
25672.
25326.
25463.
25434.
26090.
25503.
25518.
25698.
25379.
25379.
25322.
25332.
25400.
25597.
26217.
25839.
25826.
26011.
26261.
26186.
26227.
25890.
26227.
25791.
25881.
26192.
25974.
25855.
26387.
26495.
26975.
26473.
26720.
26354.
27070.
26960.
26594.
26859.
26461.
27088.
27232..




NONBORROWED

REQUIRED

25953.
25731.
25347.
25689.
25431.
25680.
25146.
24870.
25194.
25297.
24769.
24939.
24744.
24767.
24788.
25327.
24852.
24844.
24875.
24667.
24710.
24558.
24573.
24722.
24933.
25410.
25346.
25414.
25541.
25622.
25584.
25490.
25314.
25608.
25417.
25427.
25558.
25570.
25381.
25846.
26092.
26459.
26136.
26225.
25962.
26395.
26447.
26011.
26328.
26027.
26513.
26373.

25795.
25347.
25414.
25546.
25336.
25546.
25042.
24896.
25323.
25481.
25090.
25258.
25165.
25132.
25028.
25563.
25377.
25242.
25317.
24979.
25057.
24931.
25124.
25090.
25331.
25639.
25657.
25393.
25737.
25851.
25828.
25885.
25576.
25713.
25612.
25626*
25636.
25600.
25658.
26002.
26270.
26602.
26474.
26368.
26162.
26533.
26731.
26409.
26380.
26409.
26720.
26812.

*

|
TOTAL

68.7
68.2
67.4
67.5
66.9
67.5
67.2
66.8
67.0
67.5
67.6
67.6
67.1
67.4
68.0
68.6
67.6
67.5*
68.3
68.0
68.0
67.7
68.3
68.7
68.7
69.1
69.1
69.8
69.7
69.7
69.4
69.9
69.8
70.1
69.4
69.8
70.4
70.0
69.5
70.1
70.8
71.2
70.6
70.5
70.8
72.0
71.8
71.5
72.3
72.2
72.8
73.2

284.7
282.0
280. 4
280.1
278.8
280.1
277.7
276.9
279.7
280.6
278.9
279.9
279.2
279.1
278.7
282.1
280.8
279.8
280.4
278.6
279.2
277.9
279.3
279.3
281.2
282.6
283.3
282.2
284.8
286.0
285.1
286.9
285.9
287.1
286.5
286.6
287.6
290.1
291. 9
294.2
294.3
294.0
293.3
295.5
297.3
295.8
295.7
296.0
298.3
299.2
303.4
305.4

| TIHE AND
| SAVINGS I
|
I
I 148.5
|
| 148.8
|
I 149.5
I
|
| 149.7
| 150.2
|
| 150.3
|
| 150.8
|
| 151.0
|
| 151.5
|
| 151.7
|
| 152.3
|
| 152.2
|
| 152.4
|
| 152.5
|
| 152.4
|
152.0
|
| 151.6
|
|
I 152.1
| 152.1
|
l 152.4
i
\
[
152.3
I 152.3
|
| 152.3
|
| 152.4
|
|
| 152.1
I
| 151.9
|
l 152.6
| 153.0
I
| 153.8
|
J 154.7
|
| 155.0
1
| 156.1
|
| 156.9
|
| 157.4
1
| 157.8
|
|
| 158.2
l
| 158.3
|
| 158.3
1
| 158.8
| 159.5
|
| 160.3
|
| 160.7
|
| 161.4
|
| 161.7
1
|
l 161.9
| 162.0
|
1 162.1
|
l 162.8
1
I 163.3
I
| 163.8
I
|
| 163.9
I
| 163.8

PRIVATE DEMAND DEPOSITS

|

|
NET
|
| INTERBANK|
I
10.0
|
9.8
|
9.0
|
|
8.7
8.1
|
J
8.2
|
8.6
8.5
|
|
8.5
8.4
|
8.5
\
8.4
|
|
8.0
|
8.3
|
8.8
|
8.5
|
8.3
|
8.1
|
8.1
|
8.2
|
8.4
|
7.8
|
8.2
8.7
|
|
8.6
|
8.5
|
9.3
|
9.9
9.0
|
|
9.1
|
8.5
|
9.0
|
9.1
1
9.1 ,
8.4
|
|
8.3
|
9.1
|
9.3
l
9.2
|
9.0
9.7
|
|
9.3
9.1
|
|
8.8
|
9.3
|
10.0
|
9.9
|
8.9
|
9.5
f
9.5
|
9.2
|
9.7

|
|

TOTAL
I
131.3
129.1
128.2
125.0
123.3
123.4
121.5
121.1
119.5
121.4
121.5
122.1
120.7
122.0
123.1
127.6
124.8
122.7
121.8
121.2
121.0
120.3
122.9
123.3
124.9
123.4
126.6
125.5
126.2
124.5
124.7
125.8
124.7
124.5
123.5
124.8
126.5
127.5
125.6
127.3
127.7
129.0
127.3
127.8
130.4
129.5
130.9
129.8
132-2
132.8
135.5
135.6

OTHER
!
121.3
119.2
119.2
116.3
115.2
115.2
112.9
112.6
111.0
113.0
113.0
113.7
112.7
113.7
114.2
119.2
116.5
114.6
113.7
113.0
112.6
112.5
114.7
114.6
116.3
114.9
117.3
115.6
117.2
115.4
116.2
116.9
115.6
11,5.4
115.2
116.5
117.4
118.2
116.4
118.3
118.0
119.7
118.2
118.9
121.1
119.5
121.0
120.9
122.7
1 2 3 .4
126.3
125.9

|
|
|
|
|
|
|
|
|
|
|
|
|
|
J
|
I
|
|
|
|
|
|
|
J
|
|
|
|
|
|
|
|
|
|
|
|
l
|
|
|
|
|
|
|
|
|
|
|
|
|
|

U.S.
GOVT
DEMAND
4.9
4.1
2.8
5.4
5.2
6.5
5.4
4.8
8.7
7.5
5.1
5.5
6.1
4.6
3.2
2.4
4.4
5.0
6.5
5.0
5.9
5.3
4.1
3.5
4.1
7.3
4.0
3.7
4.8
6.8
5.5
5.0
4.3
5.1
5.1
3.6
2.8
4.4
7.6
7.4
6.4
4.3
4.6
6.0
4.9
4.3
2 .8
3.3
2.8
2.6
3.9
5.9

TABLE 4
MEMBER BASK DEPOSITS AMD RESERVES
NOT SEASONALLY ADJUSTED

1969

JAM
JAM
JAM
JAM
JAM
TIB
BIB
FEB
FIB
MAR
MAR
MAR
MAR
APR
APB
APR
APR
APR
HAY
MAY
MAY
MAY
JON
JOM
JOM
JON
JOL
JUL
JOL
JOL
JOL
AOS
AOS
AOG
AOG
SEP
SIP
SEP
SEP
CCT
CCT
CCI
CCT
CCT
MCV
NOV
MCV
MCV
DEC
EEC
DEC
EEC
EEC

1
1
1
1.
1
1
1
1
J
1...|
8...1
15...J
22...1
29...!
5...|
12...!
19...|
26...|
5...|
12...|
19...|
26...|
2... |
9... 1
16...!
23. . . |
30...|
7__ 1
14...|
21...|
28...|
4...|
11... |
18...I
25...!
2... |
9... I
16...1
23...|
30...I
6...|
13...|
20... |
27..-|
3... |
10...|
17...|
24...|
1... I
8...]
15...|
22...!
29...1
5...J
12...J
19...J
26...J
3...I
10...|
17...|
24__ |
31__ f

MEMBER BAMK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS CF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

TOTAL

NON—
BORROWED

REQUIRED

28340.
27955.
28567.
28349.
27572.
27437.
272&0.
27591.
27C99.
26985.
26768.
26710.
26622.
26743.
26 599.
26616.
27580.
27657.
28210.
27806.
27772.
27729.
27643.
27444.
27036.
26966.
27500.
27176.
27275.
27164.
26594.
27042.
26960.
27159.
26909.
26950.
26941.
26814.
26931.
27400.
27153.
27379.
27614.
27172.
27661.
27725.
27969.
27601.
27737.
27775.
28016.
27876.
28680.

27020.
27457.
27880.
27567.
26681.
26693.
26461.
26547.
26342.
26251.
25893.
25934.
25658.
25548.
25652.
25857.
26445.
26539.
26607.
26635.
26414.
26426.
26122.
26184.
25721.
25643.
25866.
26156.
25996.
25810.
25325.
25952.
25631.
25938.
25705.
25710.
26201.
25796.
25825.
25964.
26186.
26032.
26599.
25993.
26333.
26481.
26898.
26391.
26546.
26575.
26972.
26780.
27576.

27439.
27753.
28335.
28076.
27384.
27202.
27039.
27228.
26895.
26778.
26520.
26625.
26354.
26434.
26374.
26472.
27408.
27572.
27727.
27545.
27656.
27616.
27274.
26996.
26937.
26775.
27004.
27063.
27099.
26782.
26448.
26791.
26627.
27100.
26697.
26548.
26550.
26682.
26727.
27080.
27014.
27161.
27458.
27092.
27365.
27354.
27823.
27463.
27534.
27484.
27919.
27612.
28152.

TOTAL

PRIVATE DEMAND DEPOSITS

|

!
NET
l
| INTERBANK!
1
1
10.5
10.6
10.0
8.9
8.6
8.7
9.5
9.5
9.0
9.4
9.4
8.7
8.5
9.3
8.8
9.3
9.0
8.9
9.2
9.6
8.9
8.6
9.5
9.7
9.6
9.3
10.3
10.2
10.0
9.6
9.2
9.9
10.4
10.1
10.0
10.2
10.8
10.4
10.4
10.2
10.6
10.5
10.4
10.5
11.1
11.1
10.9
10.9
11.5
11.4
11.1
11.4
11.1

l
|
1
|
|
|
|
|
|
I
|
|
|
l
|
|
|
I
|
|
|
1
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I
1
|
|
|
|
!
|
!
|
|
|
|
|

| TIME AND
| SAVINGS
TOTAL




73.8
73.4
73.6
73.1
71.8
72.0
72.1
72.3
71.5
71.8
71.9
71.8
71.5
71.7
72.2
71.9
72.6
72-5
73.6
73.3
73.2
73.0
73.7
73.7
73-2
72.9
73.7
74.2
73.9
73.6
72.7
73.8
73.8
73.9
73.4
73.8
73.9
73.5
73.4
73.8
74.2
74.6
74.7
73.9
74.9
75.5
75.7
75.4
75.9
76.2
76.4
76.6
77.1

308.2
307.5
303.2
301.5
299.8
300.3
290.7
298.2
295.8
296.4
295.2
295.8
295.2
295.6
296.6
298.7
299.8
298.1
298.4
298.1
296.4
294.6
294.3
293.5
295.1
294.7
294.7
292.7
290.1
291.2
289.4
288.6
286.4
285.1
284.6
285.2
285.7
287.9
287.4
287.9
286.9
285.0
286.3
285.6
288.7
287.1
287.3
286.4
289.1
287.2
290.7
292.4
294.9

!
|
|
i
|
|
!
|
J
|
|
[

|
l
|
!
1
|
|
l
|
|
I
|
|
|
|
|
|
|
l
|
|
|
|
|
|
|
|
|
|
i
|
|
|
|
|
|
1
!
|
!
!

163.8
163.3
163.1
162.4
162.2
161.8
161.9
161.7
161.7
161.7
161.7
161.6
161.5
161.8
161.5
161.0
160.6
160.4
160.3
160.2
160.0
159.9
159.7
159.4
158.6
157.9
157.4
156.4
155.6
154.9
154.4
153.9
153.5
153.0
152.7
152.4
152.1
151.7
151.6
151.7
151.5
151.1
150.9
150.8
150.7
150.2
149.9
149.8
149.7
149.6
149.7
149.7
149.8

139.8
140.5
138.0
135.2
131.6
132.0
130.6
130.7
128.4
130.3
130.0
130.5
128.9
130.8
132.0
134.9
133.5
130.6
129.1
128.9
128.5
127.7
130.0
130.7
131.8
129.7
132.4
131.5
131.9
130.3
129.6
130.2
129.7
129.4
128.0
129.9
131.0
132.4
129.6
130.2
131.4
131.7
132.0
131.2
133.3
132.9
134.0
132.0
134.3
134.0
136.9
136.6
140.7

OTHER
129.3
129.9
127.9
126.3
123.0
123.3
121*1
121.2
119.4
120.9
120.6
121.7
120.4
121.5
123.2
125.6
124.4
121.7
119.9
119.3
119.6
119.1
120.5
121.0
122.1
120.4
122.1
121.3
122.0
120.7
120.5
120.4
119.3
119.3
117.9
119.7
120.2
122.0
119.1
120.1
120.8
121.2
121.6
120.7
122.3
121.8
123.1
121.2
122.8
122.6
125.8
125.1
129.6

U.S.
GOVT
DEMAND
4.5
3.8
2.2
3.9
6.0
6.5
6.2
5.8
5.6
4.4
3.5
3.7
4.9
3.0
3.0
2.7
5.8
7.1
9.1
9.0
7.8
6.9
4.6
3.4
4.7
7.1
4.9
4.8
2.6
6.0
5.4
4.5
3.2
2.7
3.9
2.8
2.7
3.7
6.3
5.9
4.1
2.2
3.4
3.7
4.7
4.0
3.5
4.6
5.1
3.6
4.1
6.2
4.U

TABLE 4
HEMBBS BANK DEPOSITS AND BESERVES
NOT SEASONALLT ADJUSTED

1970

JAN
JAN
JAN
JAN
FIB
FIB
FEB
FIB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JON
JON
JUN
JUN
JOL
JUL
JUL
JOL
JOL
A06
AOG
AOG
AOG
SEP
SEP
SEP
SEP
SEP
CCT
CCT
CCT
CCT
NCV
NCV
NCV
NCV
DEC
DEC
EEC
EEC
EEC

t
I
I
1_
I
I
I
1
1
7. . . |
14... |
21... |
28...|
4... |
11... |
18... 1
25... |
4... )
11... 1
18. . . \
25...|
1... |
8. • • |
15___ |
22...|
29...I
6...1
13...|
2 0...|
27...|
3 __ |
10...|
17... |
24... |
1... I
8... |
15...|
22...|
29...1
5... J
12...|
19...|
26...1
2... \
9... |
16...|
2 3...|
30...f
7... »
14...J
21...|
28...f
4... |
11...|
18. .. |
25... I
2... |
9... |
16...|
23...|
3 0...|

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES

BILLIONS OF DOLLARS

MILLIONS OF DCLLABS
MONETARY
BASE
TOTAL

28696.
28988.
29400.
28518.
28415.
27997.
28059.
27577.
27462.
27233.
27631.
27472.
27806.
27709.
28262.
28372.
28126.
28587.
27745.
28095.
27331.
27613.
27469.
27703.
27273.
27823.
27847.
28222.
28373.
28183.
28142.
28588.
28515.
28177.
28370.
28931.
28921.
28394.
29034.
28786.
28464.
28890.
28447.
28652.
28725.
28763.
28373.
28875.
28718.
29038.
29298.
29843.




NONBORROHED

27844.
28123.
28437.
27488.
27157.
26928.
26949.
26512.
26626.
26301.
26814.
26536.
26857.
27213.
27245.
27403.
27232.
27813.
26935.
26916.
26398.
26389.
26612.
27045.
26386.
26832.
26553.
26541.
26987.
26952.
27132.
27414.
27834.
27517.
27710.
28168.
28421.
27934.
28373.
28388.
28014.
28304.
28014.
28229.
28280.
28433.
27937.
28420.
28428.
28639.
28973.
29573.

REQUIRED

28411.
28911.
29196.
28406.
28204.
27790.
27810.
27405.
27264.
27162.
27481.
27376.
27467.
27530.
28160.
28214.
28014.
28237.
27717.
27881.
27287.
27418.
27333.
27430.
27185.
27550.
27773.
27992.
28188.
28030.
27954.
28309.
28423.
28039.
28192.
28516.
28565.
28441.
28762.
28434.
28423.
28701.
28256.
28334.
28443.
28599.
28297.
28458.
28582.
28918.
29088.
29409.

TOTAL

76.9
76.8
76.9
75.5
75.6
75.5
75.4
74.7
74.8
75.0
75.4
75.1
75.5
75.9
76.4
76.4
76.0
77.1
76.5
76.8
75.8
76.6
76.9
77.0
76.3
76.9
78.1
78.1
78.0
77.5
77.9
78.6
78.4
77.7
77.8
79.2
78.8
78.0
78.3
78.8
78.6
78.9
78.1
78.7
79.5
79.5
79.1
79.8
80.2
80.5
81.1
81.6

297.1
292.1
290.4
287.5
287.1
285.0
284.7
283.9
286.2
286.2
287.2
288.2
292.2
293.9
293.0
295.6
292.1
293.0
289.9
291.3
290.2
290.8
290.0
292.3
293.6
295.7
298.0
298.7
298.8
301.2
303.0
302. 1
303.5
305.3
306.4
306.4
309.1
311.0
311.2
313. 8
312.2
313.2
313.6

314. e
313.9
315.3
316.0
318.5
320.4
323.0
327.7
329.3

)
| TIME AND
t SAVINGS 1
1
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|>
|
|
|
l
|
|
|
|
|
I
|
!
|
i
I
|
|
l
|
|
l
|
|
1
f
|
|
|
|
l
|
i
I
I
|
|

149.7
149.1
148.7
148.4
148.2
148.4
148.8
149.2
149.7
150.3
150.8
151.4
152.6
153.4
153.5
153.9
154.4
154.5
154.6
155.0
155.1
155.3
155.5
155.4
155.4
156.9
158.7
160.0
161.4
162.8
164.3
165.3
165.9
166.8
167.8
168.8
169.3
170.4
171.4
172.2
173.0
173.5
173.6
173.8
174.3
174.8
175.4
175.9
176.9
177.7
178.8
179.4

|
|
|
|
|
|
|
|
I
I
|
|
|
|
1
|
|
l
j
|
1
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
I
|
J
|
|
|
|
|
|
|
|
|
I
|

PRIVATE DEMAND DEPOSITS

|

1
net
1
| INTERBANK|

|
|

TOTAL
143.5
140.3
138.2
133.9
133.2
130.8
130.2
127.8
130.6
130.5
131.2
130.3
133.6
135.8
136.6
136.4
133.1
132.4
130.9
130.9
128.8
131.3
131.2
132.6
130.1
132.1
133.4
133.5
132.2
131.7
132.9
132.2
132.4
130.7
132.6
132.7
135.9
133.5
132.6
135.3
135.1
135.5
134.1
136.1
135.6
136.5
135.0
137.8
138.3
141.2
141.1
143.0

12.0
10.7
10.6
10.2
10.4
10.8
10.6
10.1
10.2
10.5
10.4
10.7
9.2
10.8
11.2
10.4
10.1
9.5
10.1
9.8
9.2
9.8
9.6
8.5
9.5
9.4
10.3
10.5
10.8
10.1
10.5
10.5
10.0
9.7
9.6
10.2
10.0
9.8
9.3
10.5
11.2
10.6
10.1
10.6
10.8
10.5
10.3
11.0
11.8
10.7
11.1
10.9

OTHER
131.5
129.6
127.6
123.6
122.8
120.1
119.5
117.7
120.4
120.1
120.9
119.5
124.4
125.0
125.4
126.0
123.0
122.9
120.8
121.1
119.6
121.5
121.5
124.1
120.6
122.7
123.0
123.0
121.4
121.6
122.4
121.7
122.4
121.0
123.0
122.5
125.9
123.7
123.3
124.8
123.9
124.9
123.9
125.5
124.9
126.0
124.7
126.8
126.5
130.5
130.0
132.1

|
|
|
|
|
|
|
|
|
f
|
I
|
J
l
|
|
|
1
l
|
|
|
|
|
|
\

|
|
|
|
|
1
|
|
|
|
|
I
|
|
|
|
|
|
|
|
|
J
\

|
{

U.S.
GOVT
DEMAND
3.9
2.7
3.4
5.2
5.6
5.8
5.7
6.9
5.9
5.4
5.2
6.5
6.0
4.7
2.9
5.3
4.7
6.0
4.4
5.4
6.3
4.2
3.4
4.3
8.0
6.8
5.9
5.2
5.3
6.7
5.8
4.7
5.2
7.7
6.0
4.9
3.9
7.1
7.2
6.3
4.1
4.1
5.9
4.8
3.9
4.0
5.6
4.8
5.2
4.1
7.9
7.0

TABLE 4
MEMBER BANK DEPOSITS AMD RESERVES
HOT SEASOHALLI ADJUSTED

1971

JAM
JAM
JAM
JAN
FEB
FEB
FEB
FEB
NAB
MAE
MAR
MAR
MAR
APR
APR
APR
APB
HAT
BAT
MAT
HAT
JOB
JOB
JON
JON
JOH
JOL
JOL
JOL
JUL
AOG
AUG
AOG
AUG
SEP
SEP
SEP
SEP
SEP
OCT

ccT
OCT
CCT
MCV
NOV
MCV
NOV
DEC
DEC
DEC
DEC
DEC

I
I
I
l_
I
t
I
I
J
6... |
13...|
20...I
27...J
3. . . |
10...J
17...|
24... |
3...I
10...|
17. . . |
24...|
31...1
7...J
14...|
21...|
28...|
5---|
12... |
19...|
26...|
2... I
9... |
16...|
23..• |
30...|
7...|
14...|
21... |
28...I
4...1
11... |
18...|
25...I
1...I
8... I
15...|
22...I
29...|
6...|
13...1
20...J
27... |
3... 1
10... |
17...|
24...|
1... |
8... |
15...|
22...|
29...|

MEMBER BANK RESERVES

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MILLIONS CF DOLLARS

BILLIONS OF DOLLARS
MONETART
BASE

TOTAL

30611.
30242.
3102930172.
29959.
29760.
30202.
29916.
29542.
29404.
29955.
29482.
29940.
2967029625.
29938.
30157.
30780.
30084.
3.0362.
30246.
30276.
29886.
30225.
29919.
3029230313.
30254.
30932.
30623.
30894.
30330.
30605.
30111.
30519.
30855.
30851.
30360.
31073.
30993.
30702.
31071.
30424.
30961.
3Q580.
31172.
30716.
31275.
30743.
31153.
31151.
31924.




NONBORRONSD

30204.
29965.
30557.
29818.
29676.
29513.
29641.
29666.
29284.
28983.
29665.
29149.
29683.
29473.
29475.
29854.
29981.
30606.
29985.
30056.
29979.
29630.
29733.
29822.
29300.
29542.
29652.
29263.
29811.
30078.
30130.
29737.
29426.
29340.
29813.
30090.
30394.
30031.
30649.
30684.
30253.

30 n

§ .

30011.
30745.
30458.
30885.
30178.
30570.
30684.
31128.
31010.
31708.

REQUIRED
30035.
30210.
30937.
29890.
29722.
29555.
29905.
29599.
29372.
29322.
29690.
29414.
29564.
29393.
29417.
29857.
30109.
30415.
29854.
30260.
30072.
29991.
29813.
29959.
29709.
30060.
30036.
30249.
30650.
30556.
30460.
30303.
30381.
30020.
30195.
30650.
30604.
30421.
30730.
30779.
30653.
30861.
30373.
30565.
30570.
30984.
30572.
30685.
30600.
30949.
31180.
31610.

j
|

82.1
81.3
81.7
80.3
80.3
80.5
81.1
80.3
80.2
80.6
81.1
80.5
80.8
81.4
81.5
81.5
81.4
82.5
82.3
82.4
82.1
82.6
82.7
82.9
82.5
82.9
84.1
84.0
84.4
83.7
64.3
84.2
84.4
83.5
83.6
84.9
84.6
83.8
84.1
84.7
84.8
84.9
84.0
84.7
85.0
85.6
85.2
85.8
85.9
86.3
86.6
87.4

|
|
I
|
J
|
I
|
1
|
|
1
|
|
|
!
1
I
|
|
!
|
|
I
|
|
J
|
|
|
I
1
|
|
|
t
1
J
I
|
|
I
|
I
|
|
|
|
|
I
J
|

TOTAL
335.0
329.8
329.4
329.1
331.4
330.7
330.2
330.6
333.7
333.3
335.3
334.6
335.0
338.0
340.0
342.1
338.8
341.3
341.0
341.3
340.2
341.5
341.0
343.0
343.0
344.3
347.3
347.2
346.7
345.8
346.6
344.9
346.5
349.0
349.0
348.8
350.9
351.7
351.4
353.4
351.8
353.1
352.9
355.4
353.1
354.3
353.9
356.1
358.3
361.5
367.3
369.1

| TIME AND
1 SAVINGS 1
|
t
I 180.9
|
| 181.9
I
t 183.1
I
| 184.1
|
I 184.8
I
| 186.1
|
|
| 187.0
| 188.0
|
| 189.6
|
|
I 191.1
| 192.5
f
|
i 193.1
t 193.6
|
| 193.7
|
| 193.6
|
| 193.1
|
| 193.9
|
I 194.5
|
|
J 195.1
|
| 195.7
|
I 196.5
l 197.1
|
| 197.7
1
l 197.5
I
| 197.4
|
I 198.0
I
|
| 198.2
| 198.5
|
| 198.9
I
I
| 199.6
| 200.1
t
| 200.3
|
| 200.7
|
| 201.2
|
|
1 201.6
|
| 202.2
| 202.0
|
1 202.5
|
| 203.9
|
i 205.0
|
|
| 205.7
1 206.1
I
| 206.4
|
| 206.2
|
I
1 206.3
| 206.6
|
| 207.3
|
|
1 207.7
1 208.6
|
l
I 209.3
1 209.7
|
|
I 211.0

PRIVATE DEMAND DEPOSITS

i

1
NET
|
| INTERSANR|
l
12.0
|
|
12.1
|
11.7
|
11.3
|
11.9
|
11.9
10.9
l
|
12*1
|
12.0
I
12.2
11.6
I
11.7
|
11.0
1
12.5
|
10.5
I
13.0
|
|
11.6
|
11.9
11.6
|
11.5
|
|
10.6
11-9
|
12.2
|
11.4
|
11.5
1
11.8
I
|
12.8
13.0
|
12.4
|
12.5
|
12.7
|
12.5
1
12.4
|
11.4
1
|
11.7
|
12.3
I
12.1
12.4
l
11.9
|
I
12.8
|
13.3
|
13.0
12.8
|
I
13.8
13.5
|
12.9
|
|
12.6
|
13.9
12.6
|
|
12.9
12.8
|
12.7
|

|
1

TOTAL
i
148.3
143.9
142.1
138.0
138.3
137.3
136.4
135.9
137.7
137.6
138.0
137.1
137.9
141.7
142.9
142.9
139.3
139.3
138.9
138.6
137.5
139.1
140.3
142.0
139.9
140.8
143.0
143.1
142.1
140.7
141.4
141.0
140.9
139.7
140.4
141.1
143.6
142.5
140.0
142.5
142.7
143.6
141.7
144.8
143.6
144.9
143-3
145.4
145.9
148.8
149.9
150.6

OTHER
l
136.2
131.8
130.4
126.8
126.4
125.4
125.5
123.8
125.7
125.4
126.4
125.3
126.9
129.1
132.4
129.9
127.7
127.4
127.2
127.1
127.0
127.2
128.1
130.6
128.5
129.0
130.1
130.2
129.7
128.2
128.6
128.5
128.5
128.4
128.7
128.8
131.5
130.2
128.1
129.6
129.4
130.6
128.9
131.0
130.1
132.0
130.7
131.4
133.3
136.0
137.1
138.0

|
1
|
]
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
l
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1

U.S.
GOVT
DEMAND
5.9
4.0
4.2
7.0
8.3
7.3
6.8
6.7
6*3
4.6
4.9
4.4
3.4
2.7
3.5
6.1
5.6
7.6
7.0
6.9
6.1
5.3
3.0
3.6
5.6
5.5
6.1
5.6
5.8
5.6
5.1
3.6
4.9
8.1
7.0
5.5
5.3
6.7
7.5
6.0
3.4
3.4
4.8
4.4
3.3
2.8
3.3
3.0
3.8
3.4
7.7
7.5

TABLE 4
MEMBER BAHK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED

1972

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
NAB
MAR
HAS
MAR
MAR
APR
APR
APR
APR
HAY
HAY
HAY
HAY
HAY
JUN
JON
JON
JON
JOL
JOL
JOL
JOL
AOG
AOG
AOG
AOG
AOG
SEP
SEP
SIP
SEP
CCT
CCT
OCT
CCT
NOV
NCV
NCV
NCV
NCV
DEC
DEC
EEC
EEC

I
I
1
5...|
12-- I
19...|
26.•• |
2... |
9... |
16...|
23... |
1... |
8...|
15...|
22...|
29...|
5... I
12...|
19...|
26...I
3... |
10...!
17...I
24...)
31...|
7.. . |
14...|
21. . . |
28...|
5..-|
12...J
19...|
26... |
2... |
9... |
16... |
23... |
30... |
6...|
13...|
20...I
27.••j
4... |
11... 1
18...)
25...J
1... J
8... )
15...1
22...)
29__ |
6... |
13...)
20...|
27...)

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES

I
I
I
I_
I

BILLIONS OF DOLLARS

MILLIONS OF DOLLARS
MONETARY
BASE
TOTAL
32814.
32793.
33665.
32592.
32435.
31892.
32257.
31823.
31614.
31465.
32108.
31558.
32219.
32604.
32345.
32565.
32666.
32840.
32757.
33157.
32646.
32814.
32677.
32417.
32596.
32301.
33143.
32747.
33295.
33040.
33139.
33133.
33326.
32822.
32978.
33362.
32520.
33017.
33053.
33731.
33710.
34098.
33555.
33704.
33694.
32132.
30539.
30728.
31009.
31068.
31408.
31441.




NONBORRONED
32757.
32776.
33651.
32580.
32419.
31850.
32239.
31809.
31547.
31362.
32095.
31443.
32066.
32463.
32331.
32522.
32387.
32723.
32670.
33118.
32583.
32560.
3261932323.
32537.
32172.
32831.
32520.
33122.
32868.
32776.
32846.
32944.
32474.
32501.
32525.
32371.
32300.
32503.
33295.
33175.
33664.
32790.
33149.
32735.
31638.
30120.
30156.
30420.
30263.
30187.
30323.

REQUIRED

32502.
32688.
33447.
32400.
32190.
31842.
31946.
31693.
31532.
31289.
31715.
31691.
31934.
32230.
32179.
32624.
32448.
32704.
32566.
32963.
32560.
32726.
32346.
32308.
32384.
32177.
32815.
32524.
33148.
32961.
32897.
33003.
33072.
32782.
32751.
32566.
32635.
32811.
33016.
33501.
33352.
33977.
33405.
33499.
33570.
31346.
30350.
30388.
30673.
30824.
31202.
31252.

)

87.9
87.6
88.0
86.4
86.2
86.4
86.6
86.1
85.7
86.3
87.0
86.4
86.8
87.9
87.8
87.9
87.6
88.0
88.7
89.0
88.3
88.5
89.0
88.8
89.0
88.3
90.2
90.0
90.3
89.7
89.7
90.5
90.5
89.8
89.5
90.8
89.9
90.1
89.8
90.8
91.7
91.9
91.1
91.0
92.2
90.8
89.5
89.4
90.3
90.8
91.4
91.8

)
)
|
|
)
|
|
|
J
)
|
)
)
J
)
)
|
)
J
)
|
J
l
J
|
|
|
|
)
|
J
|
|
|
|
J
)
|
|
)
|
)
|
|
)
|
|
)
)
)
|
|

TOTAL

374.2
369.1
368.3
366.3
366.9
365.6
364.9
364.6
367.4
367.7
369.8
371.2
371.2
374.2
373.6
375.9
375.5
378.5
376.4
378.2
376.0
376.2
377.8
376.6
380.4
378.6
383.3
382.6
382.7
383.7
384.7
383.9
384.5
383.9
384.9
386.2
388.5
391.0
390.5
395. 1
392.3
393.8
394.4
396.0
396.0
394.3
396.4
397.6
400.5
401.7
406.9
410.2

| TIME AND
| SAVINGS

)
|
)
)
)
)
)
)
)
)
)
|
|
)
|
)'
|
|
)
|
|
)
)
)
|
)
|
|
)
|
|
|
|
)
|
)
|
|
)
)
)
)
)
|
)
|
)
)
J
J
|
|

211.9
212.7
213.5
214.2
214.6
214.9
215.5
216.5
217.3
217.8
218.3
217.6
213.6
218.8
218.9
219.6
220.6
221.5
222.2
222.8
223.7
224.5
225.0
225.3
224.9
225.2
226.1
225.9
226.9
227.9
228.9
229.9
230.9
231.7
233.1
233.4
233.8
233.2
234.1
235.5
235.5
236.2
236.8
236.6
237.0
237.3
238.0
238.4
238.7
239.6
240.6
242.0

|

PRIVATE DEMAND DEPOSITS

|

|
)
I
1
|
|
|
|
|
|
I
)
|
|
)
|
|
)
|
|
)
|
|
|
|
)
)
|
|
*
|
)
1
)
|
|
|
|
I
|
|
|
|
I
|
|
)
I
|
|
|
)
)
1
l

|
NET
l
) INTERBANK!
I
12.5
13.1
12.6
12.4
12.0
12.5
12.5
13.1
12.5
12.4
12.2
10.4
10.2
10.1
10.7
10.4
10.5
10.6
10.4
10.5
10.1
9.5
10.8
10.4
10.5
10.4
11.1
11.9
11.0
11.1
11.0
11.2
10.7
10.7
10.4
10.0
11.4
11.0
10.7
11.2
11.7
11.2
10.7
11.0
11-2
9.6
9.7
9.4
9.5
10.0
9.9
9.7

|
)

U.S.
GOVT
DEMAND

1
|
|
|
|
|
|
)
|
|
|
|
)
)
|
)
)
)
)
l
|
|
|
)
1
)
|
)
|
|
|
|
)
|
|
|
|
|
|
|
|
J
)
|
|
|
)
)
)
)
|
)

7.4
4.7
5.2
6.4
7.5
7.0
5.6
5i.4
5.9
5.4
5.5
7.8
7.8
6.2
4.8
5.7
7.2
10.2
9.5
9.1
8.7
7.5
5.0
3.4
7.2
6.6
7.0
4.9
5.2
7.2
6.6
5.3
4.4
3.7
3.5
2.7
2.5
5.5
7.3
7.7
4.4
4.3
6.0
5.8
5.3
3.6
5.1
6.1
5.8
4.3
5.8
7.0

TOTAL
I
154.9
151.8
149.6
145.7
144.8
143.7
143.8
142.7
144.2
144.5
145.9
145.7
144.9
149.3
149.9
150.6
147.7
146.9
144.8
146.3
143.7
144.3
147.7
148.0
148.3
146.7
150.2
151.8
150.6
148.5
149.3
148.7
149.3
148.6
148.3
150.2
152.2
152.3
149.0
152.0
152.3
153.3
151.7
153.6
153.7
153.4
153.3
153.1
156.0
157.9
160.4
161.2

OTHER
!
142,4
138.7
137.0
133.2
132.9
131.2
131.3
129.6
131.7
132.2
133.7
135.3
134.8
139.2
139.2
140.2
137.2
136.3
134.4
135.8
133.6
134.8
137.0
137.5
137.9
136.3
139.0
139.8
139.6
137.5
138.3
137.4
138.6
13,7.8
137.9
140.2
140.8
141.2
138.3
140.8
140.7
142.0
140.9
142.6
142.5
143.8
143.6
143.7
146.5
147.8
150.6
151.5

TABLE 4
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED
MEMBER BANK RESERVES

1
I
1
1
1
1
1

DEPOSITS SUBJECT TO RES ERVB REQUIREM ENT S

MILLIONS CF DOLLARS

BILLIONS CF DOLLARS
MONETARY
BASE

TOTAL

NONBORROHED

REQUIRED

TOTAL

1

PRIVATE DEMAND DEPOSITS

I

|

NET
INTERBANK

|

| TIME AND
| SAVINGS
TOTAL

OTHER

U.S.
GOVT
DEMAND

J
JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JON
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
CCT
CCT
NCV
NCV
NCV
NOV
EEC
EEC
EEC
DEC

3... |
10.,.|
17. . |
24...|
31...|
7...|
14...|
21
|
28...|
7. . . |
14...|
21---1
28...|
4. ..1
11...|
18. . . |
25...1
2... \
9. . . |
16...1
23...|
30...|
6... 1
13...|
20...1
27...1
4... |
11... |
18...i
25... |
1... 1
8... 1
15...|
22...|
29... |
5... f
12... |
19... 1
26... |
3...|
10
|
17...I
24...I
31...|
7... J
14...|
21...|
28...|
5...1
12... |
19... |
26... |

...

...

32597.
32483.
34005.
32509.
32553.
31804.
31809.
32038.
31284.
32C59.
31558.
31972.
31664.
32614.
31757.
32627.
32402.
32502.
3224 6.
32942.
32270.
3220532163.
31597.
32276.
32220.
33327.
32519.
33721.
33813.
34051.
33456.
33829.
33601.
33797.
34126.
33549.
3385 8.
34143.
34673.
34794.
35C19.
35118.
34951.
34626.
34871.
35095.
34438.
34906.
34444.
35203.
35430.




30846.
31792.
32712.
31415.
31243.
30572.
29817.
30368.
29805.
30374.
30067.
29833.
29653.
30859.
30258.
30779.
30756.
30628.
30762.
31127.
30582.
29805.
30499.
29897.
30348.
30371.
30927.
30840.
31999.
31733.
31956.
31451.
31913.
31467.
31239.
31765.
32062.
32152.
31953.
33153.
33441.
33857.
33203.
33496.
33455.
33350.
33527.
33151.
33428.
33141.
33715.
34391.

32019.
32338.
33676.
32542.
32098.
31686.
31622.
31533.
31305.
31723.
31533.
31724.
31576.
32078.
31848.
32390.
32064.
32271.
32327.
32602.
32176.
32060.
31819.
31595.
32132.
32000.
32695.
32524.
332.64.
33800.
33552.
33381.
33515.
33562.
33674.
33636.
33405.
33709.
34059.
34216.
34374.
35099.
34711.
34777.
34369.
34725.
34726.
34372.
34468.
34472.
34892.
34958.

92.2
92.1
93.0
90.9
90.5
90.4
90.7
90.9
89.6
91.2
91.0
91.4
90.7
92.2
92.2
93.0
92.5
92.4
93.2
93.7
92.9
92.9
93.5
93.3
93.8
93.3
95.2
95.0
96.0
95.6
95.6
95.9
96.2
95.7
95.4
96.4
96.1
96.1
95.9
96.6
97.8
97.7
97.6
97.0
97.7
98.4
98.9
98.0
98.9
99.2
100.1
100.9

419.4
412.6
410.2
407.6
407.4
407.4
407.4
410.6
410.6
413.5
414.3
418.0
417.6
421.7
420.6
422.5
422.6
424.5
423.0
423.3
422.4
421.5
424. 7
424.2
427.6
426.8
431.6
430.1
429.3
429.0
430.8
432.2
434.1
434.5
433.1
435.2
437.7
438.7
436.9
441.5
439.4
440. 4
437.8
439. 7
439.6
437.6
437.5
437.7
440.3
441.5
446.0
452. 1

i

|
|
|
|
|
l
|
|
I
|
|
I
|
|
|
|
|
I
I
|
|
I
i
|
|

|
|
|
l
I
|
I
|
i
1
|

|
I
|
|
1
i
|
|
I
|
|
|
|

|
|

242.9
242.9
243.6
244.2
245.3
246.0
248.0
249.0
250.9
253.2
255.4
256.5
258.2
259.2
260.1
260.8
260.7
261.5
262.8
264.1
265.5
266.3
266.0
266.6
265.0
265.5
266.7
266.5
267.9
269.6
271.8
274.0
275.9
277.7
278.4
279.0
278.8
278.7
279.2
279.0
278.7
278.6
279.0
279.0
277.3
276.8
276.0
276.4
276.7
277.5
278.3
279.1

| 168.0
| 163.6
| 161.8
| 156.9
| -153.9
| 154.2
| 151.8
| 152.5
| 151.1
| 152.4
| 151.9
| 151.9
! 149.8
| 154.1
| 155.4
| 156.8
l 154.2
| 153.4
| 151.3
| 152.3
f 150.6
| 149.7
| ?54.6
| 155.0
| 155.6
\
153.5
| 157.0
|
153.5
|
157.5
|
154.3
1 154.1
| 154.3
| 155.2
| 153.7
|
152.1
I 153.7
| 156.1
|
156.2
\
152.2
| 156.0
| 155.6
l 1$7.7
| 154*3
1 156.2
| 158.1
| 158.2
| 158-5
|
J58.1
| 160.3
! 161.7
| 163.3
| 165.9

11.6
10.1
9.7
8.7
9.0
9.3
9.0
0*0
9.2
8.8
8.9
8.4
8.3
9.8
9.7
9.1
3.5
9.0
9.0
9.2
9.1
8.1
9.2
9.2
9.2
9.1
10.6
10.9
9.8
9.3
9.0
9.8
9.7
8.7
9.3
9.6
10.0
9.0
9.1
10.3
10*2
9.8
9.2
9.9
10.7
10.2
10.2
10.4
10.8
9.9
9.7
11-3

156.4
153.5
152.1
148.2
144.9
144.9
142.8
743.5
141.9
143.6
143.0
143.5
141.5
144.3
145.7
147.7
145.7
144.4
142.3
143.0
141.5
141.6
145.4
145.8
146*4
144.5
146.4
147.5
147.7
145.0
145.1
144.5
145.6
145.0
142.8
144.2
146.1
147.1
143.1
145.6
145.4
147.9
'.4 5. 1
146.3
^47.5
T47.9
148.2
147.8
149.5
151.8
153.6
154.6

|
l
|
|
|
|
1
|
|
l
|
}
|
|
|
J
|
l
|
|
|
l
l
|
|
|
I
|
l
|
|
|
|
|
|

|
l
|

|
|
|
|
f
|
|

|
|
\

|
|
|
1

8.6
6.0
4.8
6.5
8.2
7.1
7.6
9.0
8.6
7*8
7*0
9.6
9.6
8.4
5*1
4.9
7.8
9.6
8.9
6*9
6.3
5.5
4.1
2.6
7.0
7*8
7.9
5.1
4.0
5.0
4.8
3.9
2.9
3.1
2.6
2.4
2.8
3.9
5.5
6.5
5.2
4.1
4.5
4.6
4.2
2.7
3.0
3.1
3.3
2.3
4.4
7*0

TABLE 4
MEMBER BANK DEPOSITS AMD RESERVES
MOT SEASONALLY ADJUSTED
DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES

1
1
1
l_
1

BILLIONS OP DOLLARS

MILLIONS OP DOLLARS
MONETARY
BASE

J
TOTAL

MOMBORROWED

REQUIRED

|

TOTAL

SEP
SEP
SEP
SEP
CCT
CCT
CCT
OCT
CCT
NCV
NCV
NCV
NCV
EEC
EEC
DEC
EEC

2...»
9...|
16...j
23...|
30...|
6... I
13-- 1
20...1
27... 1
6... |
13...|
20... |
27... |
3... |
10...|
17. ..J
24...|
1
|

...

8 ____ |

15... |
22...|
29..-!
5...|
12...i
19...I
26...|
3... t
10...!
17...J
24...|
31...!
7...J
14...j
21...!
28...|
4...!
11...!
18...|
25... |
2...I
9... |
1 6 . |
23...j
30... |
6... !
13...J
20...I
27... |
4... J
11...I
18...J
25...|

35656.
36296.
37702.
36610.
36139.
35475.
35348.
35388.
34851.
34633.
34748.
35209.
34774.
35443.
35002.
36256.
36055.
36845.
36336.
36646.
36616.
36349.
36279.
35789.
36708.
36 536.
37274.
36868.
37824.
37417.
37204.
36920.
36936.
37156.
37066.
37239.
36737.
37 086.
36946.
37533.
36601.
37415.
36456.
36819.
36995.
36479.
36812.
36769.
36961.
36293.
36762.
36845.




34446.
35520.
36714.
35428.
34919.
34477.
34195.
34012*
33600.
33721.
33765.
33726.
33061.
33940.
33808.
34440.
34116.
34688.
34720.
34669.
33526.
32743.
33225.
33060.
33485.
33748.
33839.
34228.
34649.
33776.
33514.
33831.
33895.
33719.
33533.
33333.
33653.
34165.
33415.
34315.
34356.
35671.
35134.
35181.
35870.
35382.
35445.
35290.
35891.
35645.
35944.
36183.

~"35268.
36210.
37374.
36693.
35Q80.
35351.
35054.
35274.
34645.
34515.
34632.
35129.
34605.
35217.
34940.
35927.
35916.
36668.
36201.
36470.
36487.
36170.
36054.
35658.
36461.
36437.
36905.
36590.
37840.
37302.
37020.
36692.
36823.
36947.
36920.
36918.
36628.
37004.
36872.
37077.
36656.
37088.
36615.
36576.
36672.
36335.
36785.
36459.
36678.
36452.
36545.
36416.

100.2
101.0
101.8
100.2
99.1
99.2
99.5
99.5
98.4
99.1
99.7
100.0
99.3
100.3
101.1
102.3
101.5
102.0
102.7
103.1
102.9
102.6
103.0
103.1
103.8
103.2
104.7
105.2
105.7
104.8
104.2
104.9
105.2
105.2
104.6
105.4
105.4
105.3
104.7
105.3
105.7
106.5
105.2
105.2
106.5
106.7
106.9
106.8
107.7
107.8
108.3
108.8

1
|
I
I
!
1
1
|
I
|
|
|
!
|
t
|
!
l
|
!
|
J
|
I
!
(
|
|
|
J
|
}
|
!
!
!
!
1
J
!
}
|
1
|
!
J
|
!
2
!
|
I

460.3
456.9
452.7
450.3
448.5
449.7
446.5
445.4
446.5
449.9
447.8
451.1
450.5
458.0
459.8
464.8
462.6
464.6
465.5
464.5
464.3
463.0
467.9
468.2
470.9
469.3
477.2
474.8
473.9
472.5
473.7
474.8
475.7
475.7
474.4
476.7
479.4
480.7
478.8
482.6
480.5
480.5
480.5
478.2
481.9
480.8
481.4
480.4
485*1
486.3
491.1
493.5

PRIVATE DEMAND DEPOSITS

|

NET
INTERBANK

| TIME AND
| SAVINGS

1
JAM
JAM
JAM
JAM
JAM
FEB
FEB
FEB
FFB
MAR
MAR
MAR
MAR
AER
APR
APR
AER
HAY
HAY
MAY
MAY
MAY
JUN
JON
JON
JOM
JOL
JBL
JOL
JOI
JOL
AOG
AOG
AOG
AOG

2

|
|
t
I
|
1
|
|
|
|
|
|
!
!
J
|'
|
}
|
I
|
|
1
|
|
|
|
|
|
|
|
!
|
|
|
|
|
|
l

!
|
|
|
J
!
|
|
|
|
2
2
1

280.9
281.4
282.4
284.0
285.0
284.9
285.6
285.7
286.3
286.7
288.0
288.1
289.7
292.1
294.7
295.8
297.5
299.0
300.4
302.1
303.6
305.7
305.9
306*4
306.1
306.4
307.5
307.8
309.3
311.5
313.0
313.4
314.9
315.5
316.5
317.1
317.2
316.4
317.2
318.4
318.7
318.6
319.0
318.3
317.7
317.8
316.9
317.2
317.0
319.5
321.5
323.8

|
|
1
|
1
1
|
|
2
|
|
I
|
|
!
!
|
!
2
|
|
|
!
2
J
!
|
|
I
!
|
!
|
2
1
|
2
|
J
|
2
2
|
2
!
|
!
!
!
I
(
1

TOTAL
171.1
168.5
165.3
160.4
156.2
157.7
156.3
155.9
155.1
158.1
156.7
157.3
155.5
160.4
161.6
165.3
160.3
157.9
155.9
156.2
155.4
153.1
158.8
159.0
159.5
156.8
162.9
161.6
161.4
157.5
157.5
158.3
158.2
157.1
154.9
157.2
159.4
160.0
156.2
158.8
158.4
159.6
159.1
157.7
161.8
160.9
162.2
160.4
165.4
164.6
166.0
165.2

12.4
12.1
11.1
10.3
10.3
10.6
10.5
9.9
10.1
10.8
10.3
11.0
10.3
11.8
11.6
10.9
10.9
11.6
11.2
11.3
10.4
10.4
11.5
11.8
11.7
10.6
15.1
13-5
11.7
11.0
10.8
11.5
11.0
10.5
10.0
10.9
11.5
11.0
10.4
11.2
11.2
11.6
12.0
10.3
11.7
11.1
11.4
11.4
13.6
12.5
12.1
12.0

OTHER
158.8
156.5
154.2
150.1
145.9
147.1
145.8
146.0
145.0
147.3
146.4
146.3
145.2
148.6
150.0
154.4
149.4
146.3
144.7
145.0
145.0
142.7
147.3
147.2
147.8
146.2
147.8
148.1
149.6
146.6
146.7
146.8
147.2
146.6
144.9
146.3
147.9
148.9
145.8
147.7
147.2
148.0
147.1
147.3
150.1
149.9
150.7
148.9
151.9
152.2
153.9
153.2

1
|
1
|
!
2
|
|
2
2
|
|
|
2
|
j
|
|
2
1
f
|
|
J
|
|
2
(
|
!
|
2
2
f
2
|
|
I
|
|
J
!
|
2
|
J
|
|
!
|
|
|
J
2

U.S.
GOVT
DBMAND
8.3
6.9
5.0
5.9
7.3
7.1
4.7
3.8
5.1
5.0
3.1
5.8
5.3
5.6
3.5
3.7
4.8
7.7
9.1
6.2
5.2
4.1
3.2
2.7
5.2
6.1
6.9
5.5
3.2
3.5
3.2
3.1
2.6
3.0
3.0
2.3
2.8
4.3
5.5
5.4
3.4
2.2
2.5
2.3
2.4
2.1
2.4
2.9
2.7
2.2
3.6
4.4

TABLE 4
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
HAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
CCT
CCT
NCV
NCV
NCV
NCV
EEC
EEC
DEC
EEC
DEC

1
1
1
!_
1
1
1
1
1
1... |
8... |
15...|
22 . . . 1
29...|
5...|
12...|
19...|
26... |
5... |
12...|
19...|
26...|
2... |
9...1
16...I
23...|
30 . . . \
7... I
14... |
21...|
28...|
4... I
11...J
18...I
25...|
2... |
9... |
16...I
23... |
30...J
6...J
13...|
20...1
27...J
3...I
10...J
17...|
24... |
1... |
8... |
15...|
22...|
29...|
5__ |
12...|
19...1
26...!
3... f
10...|
17...|
24...|
31..*. |

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES
MILLIONS OF DOLLARS

BILLIONS OP DOLLARS
MONETARY
BASE

TOTAL
37590.
37312.
38207.
38265.
37240.
36975.
36030.
35118.
34606.
34795.
34482.
34510.
34819.
35087.
34670.
35295.
35249.
35495.
35237.
34517.
34702.
34209.
34511.
33707.
34937.
34706.
35481.
34612.
34864.
34898.
34999.
34553.
34163.
34629.
34470.
34529.
34098.
34552.
34617.
35444.
34260.
34722.
34605.
34729.
35004.
33790.
34751.
34719.
34859.
34429.
35142.
34836.
35611.




NONBORROWED

37029.
37001.
37598.
37671.
37098.
36877.
35940.
34889.
34426.
34725.
34422.
34343.
34664.
35036.
34640.
35273.
35084.
35254.
35203.
34500.
34581.
34125.
34427.
33669.
34860.
34518.
34610.
34390.
34662.
34516.
34746.
34373.
33984.
34425.
34198.
34307.
33713.
34225.
34222.
34863.
34021.
34549.
34372.
34634.
34937.
33751.
34693.
34645.
34792.
34399.
35097.
34617.
35358.

TOTAL

REQUIRED

37013.
37175.
38249.
38079.
37066.
36580.
35971.
34960.
34447.
34386.
34252.
34490.
34675.
34808.
34552.
35076.
35179.
35306.
34926.
34518.
34631.
34045.
34177.
33743.
34603.
34615.
35085.
34479.
34791.
34695.
34718.
34354.
34147.
34416.
34174.
34226.
34104.
34285.
34584.
34982.
34284.
34409.
34576.
34443.
34140.
33778.
34566.
34507.
34530.
34263.
34895.
34625.
35197.

108.6
108.4
108.8
108.3
106.5
106.6
106.4
105.5
104.3
105.2
105.8
105.6
105.7
106.2
106,7
107.1
106.6
106.3
107.2
106.9
107.0
106.6
107.3
107.5
108.6
108.1
109.2
109.8
109.6
109.1
108.6
109.1
109.1
109.3
108.5
109.0
109.2
109.1
108.7
109.2
109.4
110.0
109.5
109.1
110.3
110.3
111.2
111.1
111.8
112.2
112.8
113.1
113.3

501.3
501.4
496.5
493.2
489.2
489.1
486.9
486.6
486.0
487.8
490.8
492.5
491.4
495.8
496.7
497.6
494.8
491.7
492.8
491.1
492.3
490.1
495.7
497. 1
500. 1
496.0
498.2
498.1
498.6
496.0
494.4
496. 1
495.3
495.0
493.9
496.0
499.0
501.4
497.6
499.0
500.8
500.9
500.8
498.6
503.0
503.7
503.9
502.7
507.1
506.6
510.4
510.8
516.1

I
1 TIME AND
| SAVINGS
1
1
1 325.4
1 326.8
1 327.5
1 327.2
1 327.5
1 326.2
1 327.0
1 326.3
1 326.6
1 326.5
1 328.1
1 329.1
1 329.7
1 330.7
1 329.7
1 329.2
1 328.5
1 328.6
1 328.2
1 329.7
1 330.2
1 330.7
1 330.2
1 330.7
1 330.2
1 329.7
1 330.4
I 329.9
1 330.1
1 330.4
1 330.5
1 330.2
1 330.9
1 330.3
1 330.0
1 331.2
1 331.7
1 331.4
1 332.4
1 334.1
1 334.5
1 335.2
I 334.5
1 334.7
1 333.4
1 333.9
1 334.2
1 335.1
1 335.5
1 336.8
1 336.7
1 337.6
1 338.3

1
1
1
1
l
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
\

1
I
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
!
1
!
1
1
I
1
1
1
1
1
1
1
1
1
I
1

PRIVATE DEMAND DEPOSITS

TOTAL
171.9
171.5
166.8
163.3
158.4
159.8
157.7
158.0
156.9
159.3
160.6
160.0
158.6
162.0
164.6
165.7
162.6
159.1
159.2
158.8
159.4
157.3
163.4
164.1
165.5
162.8
165.7
164.9
165.9
163.2
161.9
163.7
162.7
162.9
161.7
162.8
164.9
166.7
161.7
162.3
163.3
163.4
163.6
161.9
167.1
167.3
167.1
165.1
169.0
167.6
169.8
169.5
175.2

NET
I
1
1 INTERBANK!
1
1
14.4
1
1
13.9
1
1
12.5
1
1
11.6
1
1
11.3
1
1
12.1
1
1
11.8
1
1
12.4
1
1
12.2
1
12.1
1
1
12.6
1
!
12.2
I
1
11.9
1
1
11.6
1
1
12.8
1
1
11.9
1
\
11.1
1
1
11.4
1
1
11.5
1
I
11.1
1
I
11.5
1
1
9.9
1
1
12.3
1
1
11.7
1
1
11.3
1
1
10.9
1
1
12.3
1
1
11.6
1
1
11.4
1
1
11.2
1
1
11.3
1
1
11.5
1
1
11.7
1
1
11.4
1
!
11.1
1
1
11.5
1
1
12.0
1
1
11.5
1
1
11.4
!
1
11.6
1
!
12.7
1
1
11.1
1
1
11.5
1
1
11.6
1
1
12-3
1
1
12.5
1
1
11.8
1
1
11.5
1
1
14.3
1
1
12.1
\
1
12.1
I
1
11.7
1
1
11.9
1

OTHER
157.5
157.7
154.2
151.7
147.1
147.7
145.9
145.6
144.7
147.2
148.0
147.8
146.6
150.4
151.8
153.8
151.5
147.8
147.7
147.7
147.9
147.4
151.0
152.4
154.3
151.9
153.4
153.3
154.6
152.0
150.6
152.2
151.0
151.4
150.6
151.3
153.0
155.2
150.3
150.7
150.5
152.3
152.0
150.3
154.8
154.8
155.4
153.5
154.7
155.6
157.7
157.7
163.2

1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
l
1
1
1
1
l
1
1
1
1
I
1
1
1
1
1

U.S.
GOVT
DEBAN]
4.0
3.1
2.2
2.8
3.3
3.1
2.2
2.3
2.6
2.0
2.1
3.4
3.2
3.1
2.4
2.7
3.7
4.0
5.4
2.6
2.7
2.0
2.2
2.3
4.4
3.5
2.2
3.3
2.6
2.4
1.9
2.3
1.6
1.9
2.2
2.0
2.4
3.3
3.5
2.6
3.0
2.3
2.7
2.0
2.5
2.5
2.6
2.5
2.6
2.2
3.8
3.8
2.7

TABLE 4
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED
1
1
1
1.
1
1
1

JA N
JA N
JA N
JA N
IE B
PEB
IE B
PEB
MAR
MAR
MAR
MAR
MAR
APR
APB
APR
APR
MAY
MAY
MAI
MAY
JO N
JO N
JO N
JO N
JO N
JO L
JO L
JO L
JO L
A06
A06
AOG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
CCT
OCT
NCV
NCV
NOV
NCV
D EC
D EC
DEC
EEC
tE C

1
_____
1
7 ... |
1 4 ...|
2 1 ...|
2 8 ...|
4 ... |
1 1 ...|
1 8 ... |
2 5 ...|
3 ... |
1 0 ...|
1 7 ...|
2 4 ...|
3 1 ... |
7 ... |
1 4 ...|
2 1 ...|
2 8 ...|
5 ... |
1 2 ...|
1 9 ...|
2 6 ...|
2 ... |
9 ...|
1 6 ...1
2 3 ...|
3 0 .. . |
7 ... 1
1 4 ...|
2 1 ... 1
2 8 ... |
4 ... 1
1 1 ...I
1 8 ...|
2 5 ...|
1 ...I
8 ... |
1 5 ...|
2 2 ...|
2 9 ...|
6 ...1
1 3 ...|
2 0 ... |
2 7 ... |
3 ... |
1 0 ...|
17. . . |
2 4 ...|
1 ...I
8 ...|
1 5 ...|
2 2 ... |
2 9 ...I

M EM BER

BANK

M IL L IO N S

RESERVES

OF

D O LLA R S
M O NETARY
EASE

TOTAL

35531.
35813.
36220.
35072.
35069.
33769.
34540.
33656.
34088.
33379.
33710.
33562.
3423 6.
33587.
33762.
34447.
34384.

NONB ORBO W ED

35296.
33720.
34136.
33597.
33825.
33127.
33971.
33582.
34789.
34521.
33919.
34420.
34219.
34691.
33562.
34408.
33818.
34052.
33 564 .
33835.
33496.
34577.

35464.
35768.
36067.
35014.
35014.
33718.
34484.
33508.
34004.
33331.
33670.
33484.
34200.
33563.
33701.
34408.
34326.
35266.
33665.
34014.
33461.
33583.
33034.
33922.
33417.
34623.
34395.
33743.
34361.
34060.
34534.
33440.
34323.
33750.
33959.
33519.
33774.
33452.
34490.

34433.
33800.
34686.
34184.
34778.
34027.
35252.
34392.
35113.
34313.
35456.
35154.
35834.

34332.
33753.
34638.
34064.
34576.
33977.
35198.
34348.
35026.
34287.
35387.
35117.
35752.




R E Q U IR E D

35232.
35627.
35986.
34907.
34652.
33719.
34040.
33773.
33678.
33276.
33509.
33451.
3 3 8 3 6.
33464.
33589.
34317.
34272.
34855.
33753.
33891.
33519.
33372.
33197.
33400.
33762.
34324.
33959.
33890.
34192.
34187.
34255.
33598.
34071.
33700.
33762.
33291.
33576.
33454.
34378.
34099.
33588.
34587.
34073.
34317.
34005.
34818.
34272.
34729.
34188.
34989.
35083.
35486.

1 1 2 .9
1 1 2 .7
1 1 2 .5
1 1 0 .7
1 1 1 .0
1 1 0 .7
1 1 1 .4
1 0 9 .8
1 1 0 .7
1 1 1 .3
1 1 1 .5
1 1 1 .1
1 1 1 .5
1 1 2 .2
1 1 2 .9
1 1 3 .6
1 1 2 .7
1 1 4 .5
1 1 3 .7
1 1 3 .8
1 1 2 .9
1 1 3 .9
1 1 4 .1
1 1 4 .7
1 1 3 .9
1 1 4 .8
1 1 6 .3
1 1 5 .7
1 1 5 .8
1 1 4 .9
1 1 5 .9
1 1 5 .8
1 1 6 .3
1 1 5 .0
1 1 4 .9
1 1 6 .0
1 1 5 .8
1 1 5 .1
1 1 5 .6
1 1 6 .8
1 1 6 .6
1 1 6 .9
1 1 5 .9
1 1 7 .1
1 1 7 .7
1 1 8 .9
1 1 8 .2
1 1 8 .9
1 1 9 .2
1 2 0 .5
1 2 0 .5
1 2 1 .1

I
I
I
I
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
!
1
i
1
1
1
1
1
1
1
1
1
1
1
1
1
1

f
1
1
1

f
1
1
1
1
1
1
1
1
1
1
1
1

D E P O S IT S

S U B JE C T

TO

B IL L IO N S

TOTAL

1
1 T I M E AND
J
S A V IN G S
1

519.1
512.8
510.5
504.7
506.5
505.7
504.8
502.1
503.7
504.4
507.6
505.7
507.5
513.0
513.0
515.2
507.8
508.3
506.9
506.0
505.1
507.1
510.8
514.7
512.1
512.3
514.7
515.5
515.6
511.0
513.6
511.7
512.1
508.9
511.0
511.1
517.4
515.8
513.4
520.9
518.5
519.5
517. 7
522.4
520.2
523.0
520.4
526.1
528.6
532.7
537.1
537.3

I
J
I
I
I
I
I
1
1
i
1
i
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
1
1

1
i

1
1
1
1
1
I
1

f
1
1
1
1
1
1
1
1
1
1

338.1
338.3
337.4
338.0
337.6
337.8
337.3
337.4
337.2
338.2
339.4
340.2
341.9
342.1
341.1
339.0
339.1
338.8
339.3
339.6
340.4
341.3
342.1
342.3
342.1
343.8
343.8
343.9
343.8
343.6
342.7
342.6
342.5
342.7
343.1
343.4
343.4
344.0
345.5
346.5
347.0
346.4
346.7
346.0
346.9
346.8
348.5
349.5
351.4
3 53.0
354.0
355.5

1
1
1
1
1

RESERVE
OP

P R IV A T E

TOTAL

l 178.3
I 172.0
I 169.8
I 163.8
I 165.7
I 164.6
I 164.1
I 160.9
1 '163.7
1 163.9
1 164.9
1 161.9
1 163.2
1 168.5
1 169.8
1 171.9
1 165.9
1 166.2
1 165.0
1 163.6
I 161.9
1 163.6
1 166.1
1 168.3
1 165.4
1 165.2
1 168.3
1 169.4
1 168.9
1 165.0
1 168.0
I 166.5
166.9
\
1 163.1
1 165.9
1 164.4
1 170.9
1 167.3
1 164.0
1 171.1
1 169.0
I 170.3
1 168.2
1 173.0
1 170.6
1 173.3
1 168.6
1 173.8
1 174.6
1 176.5
1 178.0
1 179.1

R E Q U IR E M E N T S

D O LLAR S
D EM AN D

D E P O S IT S

|
NET
1
1 IN T E R B A N K |
1

I
1
1
1
1
1
1
I

J
1
J
1

!
1
I

!
1
1
1

!
1
1
1
I
1
1
1
1
1
1
1
1
1

l
1
1
1
1
1
1
1

1
1
1
1
1
1
1
1
1
1

O TH ER

1

14.0
11.8
12.8
11.6
12.0
11.9
13.0
12.0
12.2
13.5
11.8
11.3
10.8
12.6
11.4
11.7
10.9
12.5
11.6
12.0
11.5
10.3
11.7
11.9
11.3
11.8
12.2
12.5
12.4
11.5
12.9
11.8
11.7
10.6
11.9
12.0
13.6
12.3
12.0
13.7
12.2
12.7
12.0
13.4
12.5
13.6
13.6
13.7
13.5
13.2
13.4
12.7

I
I
I
I
I
I
I
I
I
I
I

l
I
I
I
I
l
\

I
I

!
I
I
I
I
I

!
i
I

!
I
I
I
I
I
I
I
I
I
I

I
I
I
1
I
I
I
I
I
t
I

164.3
160.2
157.0
152.3
153.7
152.7
151.0
149.0
151.5
150.4
153.1
150.6
152.3
155.9
158.4
160.2
155.0
153.8
153.4
151.6
150.4
153.3
154.4
156.4
154.1
153.4
156.1
156.9
156.6
153.4
155.0
154.7
155.2
152.5
154.0
152.4
157.3
155.0
152.0
157.4
156.9
157.5
156.2
159.7
158.1
159.7
155.1
160.1
161.1
163.3
164.6
166.4

1
1
1
1
_l

I
I
I
I
I
I
1
1
1
1
1
1
1
1

l
1
1
1
1

1
1

1
1
1
1
1
1

!
1
1
1
1

1
1
1
1
1
1
\

1
1
1

1
I
1
1
1
1

1
I
1
1

U .S .
G OVT
DEM AND

2.7
2.6
3.3
2.9
3.3
3.3
3.4
3.8
2.8
2.3
3.3
3.6
2.4
2.4
2.1
4.4
2.9
3.2
2.6
2.8
2.8
2.2
2.5
4. 1
4.7
3.3
2.6
2.2
2.9
2.4
2.8
2.6
2.7
3.1
2.0
3.3
3.1
4.5
3.9
3.2
2.4
2.8
2.8
3.4
2.7
2.8
3.2
2.8
2.7
3.2
5.1
2.6

TABLE 4
WEBBER BAUK DEPOSITS AND DESERVES
RCt SEASONALLY ADJUSTED

JAN
JAN
JAN
JAN
FIB
FEB
FEB
FEB
BAR
BAR
BAR
BAR
BAR
APR
APR
APR
APR
HAY
BAY
BAY
RAY
JON
JON
JON
JON
JON
JOL
JOL
JOL
JOL
AUG
AOG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
OCT
OCT
CCT
OCT
NCV
NCV
NCV
NCV
NCV
EEC
DEC
DEC
EEC

1
1
1
1
1
1
l
1
1
5... I
12...|
19...|
26...]
2... I
9... |
16--* I
23...]
2...]
9... ]
16...]
23...j
30... |
6...]
13...]
20...]
27...]
4...]
11...]
18...]
25...]
1... I
8... |
15...|
22...|
29...]
6...]
13...]
20...1
27___]
3...]
10...]
17...]
24...]
31...]
7...]
14...]
21..
28...1
5...]
12...]
19...]
26.. . |
2... |
9... |
16...|
23...]
30...]
7...J
14...]
21...]
28...]

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

BERBER BANK RESERVES
BILLIONS CF DOLLARS

BILLIONS OF DOLLARS
MONETARY
BASE

TOTAL

NONBORROWED

REQUIRED

TOTAL

PRIVATE DEMAND DEPOSITS

|

NET
INTERBANK

]

l TIRE AND
| SAVINGS
TOTAL

35974.
35799.
36830.
36193.
35275.
34595.
34553.
34157.
3408333607.
34029.
33921.
34758.
34264.
33988.
35162.
35240.
35831.
34678.
34946.
33933.
34418.
33734.
34104.
34696.
35064.
35619.
34635.
35519.
35195.
35919.
34890.
35401.
34800.
35345.
34797.
35060.
34924.
35614.
36218.
34798a
36369.
35502.
35981.
35551.
36221.
35856.
35938.
35686.
36275.
36570.
36807.




35943.
35779.
36721.
36104.
35189.
34520.
34424.
34121.
34053.
33587.
34005.
33583.
34700.
34199.
33950.
35133.
35141.
35616.
34522.
34819.
33622.
34188.
33508.
33881.
34425.
34730.
35354.
34475,
35113.
34900.
35321.
34305.
34603.
33135.
33952.
34161.
34723,
34186.
34896.
35335.
33747;
34508.
34058.
34868.
34664.
35687.
34975.
34865.
35103.
35766.
36043.
36121.

35461.
35395.
36941.
35769.
35145.
34339.
34389.
33928.
33933.
33334.
33861.
33844.
34404.
34006.
33714.
35128.
35076.
35529.
34632.
34728.
3379 6.
34009.
337C1.
33858.
34623.
34914.
35125.
34371.
35307.
35121.
35495.
34787.
35199.
34772.
34974.
34566.
34739.
34927.
35382.
35817.
34629.
36285.
35300.
35716.
35396.
35804.
35867.
35500.
35671.
35962.
36425.
36562.

120.7
120.3
120.6
119.2
118.0
118.6
118.3
117.8
117.4
118.4
118.8
118.5
119.0
120.2
120.3
120.9
120.3
121.5
121.5
121.5
120.1
121.1
121.3
121.6
122.0
122.0
124.8
123.7
124.2
123.4
124.5
124.6
124.7
123.6
123.5
124.8
124.6
124.1
124.1
125.7
125.4
126.6
125.2
125.8
127.2
128.0
127.6
127.6
128.5
129.4
130.1
130.9

549.3
541.6
537.0
531.7
531.3
529.6
529.9
526.0
529.3
531.0
536.0
533.9
532.7
543.3
542.7
544.5
538.0
538.5
534.3
536.5
535.0
536.5
542.7
545.0
546.5
541.6
548.6
548.4
550.5
546.3
549.3
547.4
548.8
546.2
547.6
549.5
552.8
555.4
548.8
561.0
556.2
558.7
557.0
559.8
561.3
560.0
562.3
564.3
568.4
570.9
578.7
575.7

|
]
|
]
|
]
|
|
J
|
]
]
i
|
]
|
I
]
|
|
|
]
]
]
|
|
]
|
]
J
|
|
|
|
|
|
]
]
]
]
|
]
J
|
]
|
]
I
|
J
|
]

357.9
357.1
356.4
357.3
356.9
358.2
358.7
358.6
358.7
360.1
361.4
362.2
363.6
364.4
363.0
361.3
361.2
361.5
363.4
364.9
365.9
366.8
367.5
367.6
367.6
368.5
369.0
369.0
369.0
370.0
370.6
371.4
371.7
371.9
372.5
372.6
372.3
372.1
374.2
376.4
377.2
377.2
378.3
378.2
379.0
379.9
382.1
382.7
383.8
38,5.4
386.3
388.3

189.0
181.7
177.6
171.2
171.-9
168.5
169.5
163.7
167.7
168.4
170.4
167.9
166.6
176.5
177.6
176.6
172.7
171.8
168.6
169.4
167.0
167.6
172.4
173.7
173.1
170.0
177.3
177.0
178.6
173.5
175.8
173.9
174.9
171.1
172.8
174.6
178.4
176.9
170.4
180.6
176.7
178.7
176.0
179.3
179.9
177.8
177.1
178.9
182.5
183.5
185.8
183.4

16.8
17.7
13.1
13.5
13.4
11.4
11.1
10.3
11.8
11.2
10.8
10.7
11.6
13.6
11.9
11.4
11.1
11.8
11.1
11.3
10.9
11.1
12.2
12.1
11.4
10.4
12.5
12.6
12.9
13.0
12.9
12.2
12.7
11.9
11.7
11.9
12.4
12.6
10.8
19.7
11.5
12.5
11.6
12.3
13.9
9.9
11.9
11.9
12.3
11.9
12.7
11.3

OTHER
17275
163.9
164.5
157.7
158.5
157.1
157.4
153.*5
155.9
157.2
159.6
157.2
155.0
162.9
165.7
165.2
161.6
160.0
157.5
158.1
156.2
156.5
160.2
161.7
161.7
159.6
164,8
164.5
165.7
160.5
162.5
161.7
162.2
159.3
161.1
162.7
166.0
164.4
159.6
165.9
165.1
166.2
164.5
167.0
166.0
167.8
165.2
167.0
170.3
171.6
173.1
172.1

|
]
|
|
|
|
|
|
|
|
]
l
|
]
|
]
]
|
|
|
|
]
|
|
l
l
]
]
]
|
|
]
]
]
]
J
|
]
|
]
J
]
]
]
|
]
|
]
|
l
]
|

U.S.
GOVT
DEMAND
2.4
2.9
3.0
3.3
2.5
2.9
2.7
3.7
3.0
2.5
4.2
3.8
2.6
2.5
2.1
6.6
4.1
5.2
2.3
2.2
2.1
2.1
2.7
3.6
5.8
3.2
2.4
2.3
2.9
2.7
2.9
2.1
2.3
3.1
2.2
2.3
2.1
6.4
4. 1
4.0
2.3
2.7
2.6
2.3
2.4
2.2
3.0
2.8
2.1
1.9
6.5
3.9

TABLE 4
MEMBER BANK DEPOSITS AND RESERVES
NOT SEASONALLY ADJUSTED
M EM BER

BANK

M IL L IO N S

D E P O S IT S

RESERVES

OF

NONB O R R O N ED

TOTAL

R E Q U IR E D

1
1 T I M E AN D
|
S A V IN G S
1

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCI
CCT
CCT
CCI
NCV
NCV
NCV
NOV
NCV
EEC
EEC
DEC
DEC

I
4...|
11...J
18...|
25... |
1...I
8.. . |
15...|
22...|
1... |
8---1
15... |
22...|
29...|
5... |
12...I
19...!
26...I
3.. • |
10...|
17...|
24...|
3 1...|
7. .. |
14...|
21... |
28...|
5...!
12...|
19...!
26... !
2... |
9... !
16...]
23...!
30...!
6.. . |
13...J
20...!
27...J
4... !
11... |
18...I
25...!
1... 1
8... |
15...!
22...I
29...!
6... |
13...|
20...!
27... J

37902.
3724 0.
39834.
38091.
37450.
37304.
37098.
36672.
36132.
35664.
35981.
36267.
36450.
36630.
35904.
37740.
36963.
37923.
37183.
37395.
36465.
36928.
36313.
37155.
37742.
37503.
39043.
36810.
39488.
38004.
38058.
37159.
37872.
37307.
37804.
37600.
37236.
37462.
38441.
38869.
37997.
38756.
38068.
38408.
37927.
37974.
41312.
41283.
41465.
41063.
41802.
41357.




1
1
J
1
1
1
1
1
1
1
1
1
1
1
!
1
»
1
1
1
!
1
1
1
!
1
!
1
1
»
(
1
1
1
1
1
1
1
1
I
1
1

1
1
1
!
!
1
!
1
1
1
1

37396.
36798.
39416.
37499.
36981.
36811.
36817.
36226.
35741.
35268.
35733.
35987.
36064.
36326.
35733.
37502.
36154.
36259.
35495.
36529.
35764.
35529.
35668.
36362.
36548.
35787.
37850.
35907.
37899.
36542.
36620.
36281.
36909.
35701.
36781.
36435.
36726.
36539.
36881.
37583.
36758.
37506.
36754.
37103.
37229.
37341.
40708.
40491.
40767.
40472.
41235.
39944.

1
1
1
1
1
1
1
)
1
i
i
i
!
1
1
1
1
1
1
1
J
1
1
1
1
1
1
1
1
!
1
1
1
!
1
!
I
1
1
1
1

!
I
1
1
»
1
!
1
1
1
1

37615.
36935.
39573.
37776.
37292.
36934.
36920.
36380.
36012.
35400.
35850.
36119.
36215.
36323.
35916.
37435.
37020.
37608.
37000.
37389.
36216.
3652S.
36264.
37042.
37516.
37335.
38324.
37037.
39116.
38041.
37705.
37144.
37549.
37316.
37535.
37295.
37123.
37287.
38218.
38746.
37647.
38875.
37749.
38295.
37586.
37729.
41162.
41130.
41138.
40911.
41565.
41412.

TO

B ILL IO N S

D O LLAR S
M ONETARY
BASE

TOTAL

S U B JE C T

1
1
J
1
1
I
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
1
1
1
1
t
1
1
1
1
1
1
1
!
1
1
1
1
!
!
1

1
!
1
1

1
1
1

1
1
1

131.1
130.3
132.1
129.5
128.4
129.6
129.4
129.0
127.7
128.7
129.2
129.5
129.4
130.4
130.5
132.0
130.7
132.1
132.7
132.7
131.4
132.2
132.7
133-6
133.9
133.3
136.6
134.9
136.9
134.8
135.0
135.5
135.9
135.0
134.8
136.5
135.9
135.7
136.0
137.3
137.8
138.2
136.9
137.2
138.6
139.0
142.5
142.3
143.5
143.6
144.6
145.3

1
!
1
»
1
1
1
1
1
1
I
1
I
I
1
1
!
1
1
1
1
1
1
!
1
1
1
1
1
1
1
1
1
1
1
1
!
1
J
1
1
1
1
1

!
1

!
1
1
!
1

594.2
583.2
579.7
577.2
577.2
574.7
573.0
569.6
573.2
577.1
579.2
580.5
578.4
589.5
587.3
591.3
587.4
590.1
584.0
587-0
586.3
592.5
596.1
595.4
600.6
593.1
608.4
602.0
599.5
596.1
599.2
598.0
599.5
598.3
597.8
600.0
607.5
610.7
604.6
613.5
606.5
609.5
606.1
608.5
613.8
614.7
615.6
614.0
619.2
619.6
627.5
622.2

1
!
!
1
1
1
1
I
!
1
1
1
1
1
1
J
1
»
1
1
1
1
!
1
1
I
1
1
!
I
1
1
1
!
1
1
1
I
1
1
1
1
1

1
1
1
!
1
!
!
1
!
1

390.2
390.0
389.8
390.4
391.0
392.1
392.7
393.8
395.0
397.4
398.9
399.9
400.8
402.0
400.9
400.6
401.0
402.2
404.0
405.6
407.4
409.2
409.0
409.0
407.1
408.7
410.9
410.5
410.8
411.4
411.8
412.0
412.1
412.9
414.4
415.3
416.5
416.3
417. 1
418.0
417.7
417.1
419.1
421.1
423.2
424.5
426.5
426.6
427.4
429.2
429.6
430.1

1
1
1
1

1
1
»
1
1
!
!
1
1
1
1
1
!
1
1
1
1
1
!
!
1
1
1
1
1
!
1
1
!
1
1
1
!
1
1
1
1

1
1
1
1
!
!
I
!
1
!
1
J

1
1
1
1

RESERVE
CF

P R IV A T E

TOTAL

199.1
190.3
186.8
183.7
183.5
179.2
177.7
172.7
174.7
176.9
177.0
175.4
174.8
184.9
184.1
185.9
182.3
184.0
177.4
179.1
175.5
180.4
184.8
184.4
184.4
180.3
191.9
188.3
186.2
182.4
184.7
183.6
185.2
182.2
180.9
182.4
188.6
187.3
181.8
189.8
185.9
189.9
184.3
184.9
188.0
188.3
187.2
185.8
190.0
189.0
192.8
190.4

R E Q U IR E M E N T S

D C LLARS
D EM AN D

D E P O S IT S

NET
|
1
| IN T E R B A N K |

1
!
1
1
»
1
»
1
1
1
I
!
1
1
1
1
!
1
!
1
!
1
1
1
1
1
1
1
1
i
J
1
1

1
I
I
1
1
1
1
1
!
1

I
1
1
1
1
i
1
!

17.3
13.3
12.0
12.8
12.3
13.5
11.5
11.5
13.0
12.5
11.8
12.0
11.6
15.9
12.1
12.8
12.3
12.6
12.0
11.9
11.2
12.8
13.1
11.8
13.9
12.1
16.6
13.6
12.7
12.1
12.8
12.3
12.7
12.3
12.2
9.3
12.3
12.3
11 .4
15.4
10.0
11-4
12.7
11.6
14.0
12.7
13.5
12.2
12.7
11.1
13.5
11.0

, 1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
!
!
1
1
!
!
1
1
1
1
1
1
I
1
!
1
1
1
1
1
1
1
1
1
1
!
1

1
1
1
1
1
1

!
1
!
!

O TH ER

181.9
177.0
174.9
170.9
171.1
165.7
166.2
161.3
161.7
164.4
16 5.2
163.3
163.2
169.0
172.0
173.0
170.0
171.4
165.4
167.2
164.4
167.6
171.7
172.6
170.5
168.2
175.3
174.6
173.5
170.3
171.9
171.2
172.5
169.9
168.6
173.1
176.3
175.0
170.3
174.4
175.9
178.5
171.6
173.3
174.0
175.6
173.7
173.6
177.3
177.9
179.4
179.4

1
1
1
1

i
(
»
I
l
I
!
I
I
I
l
I
I
I
I
I
l
I
I
l
I
1
1
1
I
!
1
1
I
I
1
i
1
!
1
»
1

I
1
1
!
!
1
!
1
I
!
1
!
1
1
!
1

U .S .
GOVT
DEM AND

4.9
2.9
3.0
3.0
2.7
3.3
2.5
3.1
3.6
2.9
3.3
5.2
2.7
2.6
2.4
4.8
4.1
3.9
2.6
2.3
3.4
2.8
2.4
2.1
9.1
4.1
5.6
3.2
2.5
2.4
2.7
2.5
2.1
3.1
2-6
2.2
2.4
7.0
5.7
5.7
2.9
2.6
2.6
2.4
2.6
1.9
1.9
1.7
1.7
1.4
5.1
t.7

TABLE 4
MEMBER BANK DEPOSITS AND SESBBVBS
NOT SEASONALLY ADJOSTED
MEMBES BANK BESEBVES

1
1
1

MILLIONS OF DOLLASS

1979

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MIS
MAS
MAS
MAS
AES
APS
AES
APS
HAY
MAY
MAY
MAY
MAY
JUN
JON
JON
JON
JOL
JOL
JOL
JOL
AOG
AOG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
CCT
OCT
CCT
OCT
CCI
NCV
NOV
NCV
NCV
EEC
EEC
EEC
DEC

3__ |
1 0 ...|
17... |
24...|
31...!
7...|
14...|
2 1 ... |
28...!
7... |
14...I
2 1 ...!
28...|
4... |
11...|
18...!
25... |
2 ... |
9...I
16...|
23...(
30...!
6 ... |
13...!
2 0 ...J
27. . .!
4...1
1 1 . ..|
18__ |
25...!
1 ...!
8 ... |
15...|
22...|
29...|
5... |
1 2 ...J
19...|
26... |
3... |
10...|
17...!
24...|
31... I
7... |
14... I
2 1 ...I
28...!
5... ]
1 2 ...!
19...|
26...|

BILLIONS CF DOLLARS
MONEIABY
BASE

l_
1
1
1
1
1

DEPOSITS SUBJECT TO BES&&VE REQUIREMENTS

TOTAL

NONBOBBCVED

SEQOISED

42237.
41036.
43964.
42060.
41179.
40700.
39637.
39940.
38643.
39367.
39068.
39467.
38859.
39563.
38820.
40339.
39838.
40594.
39100.
38848.
37910.
37444.
38325.
38028.
39280.
38595.
39771.
38535.
40390.
39908.
40200.
39494.
39704.
39271.
39991.
39554.
38963.
39156.
40386.
41022.
40327.
41039.
38756.
40582.
40571.
41058.
41498.
41032.
41817.
42217.
42659.
42744.

42694.
41844.
44456.
42967.
42267.
41238.
40580.
40521.
39637.
40190.
39849.
40345.
39858.
40042.
39292.
41130.
40716.
41661.
40514.
40350.
39596.
39588.
39305.
39249.
40472.
40030.
40802.
39513.
41205.
41214.
40856.
40115.
40428.
40643.
40738.
40489.
40095.
40721.
41519.
41769.
40723.
42583.
41552.
43274.
42090.
42622.
43257.
42861.
43388.
43140.
43693.
43603.

TOTAL

| TIME AND
| SAVINGS

|

PRIVATE DEMAND DEPOSITS

|

1

t
MET
1
| INTERBANK|
1
1
19.4
14.6

I
1
1
|
|
1
!
|
|
I
|
|
|
|
|
|
|
|
|
|
|
(
|
|
!
|
|
|
|
|
t
|
!
|
(
|
!
|
l
|
!
|
!
|
l
!
|
|
t
I
1
|
|
!
|

t

TOTAL

1

43420.
41722.
44860.
42983.
42607.
41517.
40691.
40878.
39726.
40394.
39950.
4049139941.
40430.
39448.
41288.
40829.
41811.
40588.
40607.
39613.
39771.
39665.
39327.
40604.
40181.
41448.
39476.
41572.
41200.
41146.
40256.
40727.
40657.
41108.
40894.
40193.
40918.
41545.
42136.
41264.
42567.
41716.
43633.
42499.
42919.
43362.
43027.
43636.
43506.
44345.
43969.




146.1
144.3
146.5
143.7
142.6
142.8
142-0
142.2
140.4
142.6
142.2
142.6
141.6
143.2
143.5
145.3
143-8
144.7
145.1
145.0
143.7
144.1
145.1
145.1
146.0
145.2
148.0
147.2
148.8
147.9
147.6
148.4
148.8
148.4
148.0
149.7
149.0
149.2
149.1
150.3
151.2
151.9
150.5
151.9
152.6
153.6
154.1
153.5
154.5
155.5
156.6
157.4

641.1'
632.7
623.7
622.2
617.3
616.7
611.8
615.5
613.3
616.9
614.4
614.7
610.2
623.1
621. 5
626.3
617.9
615.9
611.1
610.9
608.7
608.1
615.8
613.0
617.6
609.6
622.0
622.3
619.5
614.7
617.5
620.6
621.6
619.9
618.0
623. 3
630.3
632.2
625.7
639.3
635.0
642.3
635.3
634.7
642.3
639.7
643.4
642.0
647.3
648.9
651.7
654.3

!
!
|
|
i
I
|
!
|
|
l
|
|
}
!
!
l
I
|
l
!
1
|
!
t
|
1
|
|
|
|
|
j
|
|
!
|
I
1
!
)
!
I
l
|
|
|
|
|
|
|
|

432.4
432.8
433.7
434.8
434.6
433.5
434.2
434.4
434.9
435.0
435.4
434.3
434.8
435.2
434.6
431.6
430.4
430.0
430.1
430.0
430.0
429.7
427.3
426.8
426.4
427.3
429.7
429.1
428.9
429.8
431.5
433.1
433.6
434.1
435.5
436.7
438.0
439.4
440.8
443.2
445.1
445.7
446.2
446.9
447.4
448.6
449.2
450.4
451.6
452.4
452.0
452.1

!
!
|
|
|
!
|
|
f
|
(
|
I
|
|
!
|
|
f
|
f
1

1
1
|
|
1

|
|
|
|
|
!
|
|
|
I
|
|
!
|
|
!
|
!
!
I
I
|
1

1
|

206.8
197.9
193.3
185.4
180.9
181.1
176.0
.179.0
176.8
180.1
177.5
177.4
173.9
186.0
185.4
191.7
185.7
183.9
179.3
179.4
176.5
176.5
186.7
184.9
184.5
180.7
190.8
191.2
188.9
183.6
184.7
185.2
186.2
184.2
181.2
185.3
190.2
189.7
183.2
194.4
188.6
195.0
187.6
186.2
193.4
189.7
192.3
190.2
194.1
194.8
197.0
200.7

1 2 .0

11.9
10.4
1 1 .2

7.4
1 0 .2
1 0 .8
1 1 .0

10.7
1 1 .0

10.7
15.7
11.5
11.4
10.5
1 1 .2
1 0 .2
1 0 .8
1 0 .1

10.7
11.4
10.5
11.9
10.4
16.2
12.5
1 2 .0
1 1 .6

12.3
11.9
11.7
11.7
11.7
1 0 .8

13.4
13.6
1 2 .8

18.6
12.4
17.0
14.7
14.1
16.8
13.1
15.8
15.2
15.5
14.7
15.2
16.8

OTHER
187.4
183.3
181.3
173.5
170.4169.9
168.6
168.8
166.0
169.2
160.8
166.4
163.2
170.3
173.9
180.4
175.2
172.7
169.0
168.6
166.4
165.9
175.2
174.3
172.6
170.4
174.6
178.7
176.9
172.0
172.4
173.3
174.5
172.4
169.6
174.5
176.8
176.1
170.4
175.8
176.1
178.0
172.9
172.1
176.6
176.6
176.4
174.9
178.5
180.2
181.8
183.9

U.S.
GOVT
DEMAND
2 .0
2 .0

1.7
2 .0
1 .8
2 .2
1 .6
2 .0

1.5
1 .8
1 .6

2.9
1.4
1 .8

1.4
2.9
1.7
2 .0

1.7
1.5
2 .2
1 .8
1 .8

1.4
6.7
1 .6

1.4
2 .0

1.7
1.4
1.4
2.3
1.9
1 .6

1.3
1.3
2 .1

3.1
1.7
1 .8

1.3
1 .6

1.5
1.5
2 .0

1.4
1.9
1.5
1.7
1.7
2.7
1.5

TABLE 4
HEHBER BANK DEPOSITS AND RESERVES
HOT SEASONALLY ADJOSTED

1980

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
HAR
BAR
HAR
HAR
AFR
APR
AFR
APR
APR
HAT
HAY
HAY
HAY
JON
JON
JON
JON

9.. • 1
16.. • 1
23.. • 1
30.. • 1
6 .. • 1
13.. -1
2 0 .. • 1
27.. •1
5.. • 1
1 2 .. • 1
19.. • 1
26.. .1
2 .. • 1
9.. . 1
16.. • 1
23.. • 1
30.. • 1
7.. -1
14.. -1
2 1 .. • 1
28.. • 1
4.. • 1
1 1 .. • 1
18.. • 1
25.. - 1

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS
H0HE1ARY
BASE

1
1
1
1
1
1
2 . -- 1

DEPOSITS SUBJECT TO RESERVE REQUIBEHEHTS

HEHBER BANK RESERVES

I
I
I

TOTAL
44737.
44671.
46414.
45271.
44692.
43736.
42319.
43992.
42792.
42998.
42409.
43445.
42972.
43954.
44290.
44843.
45491.
45194.
44533.
43493.
44163.
43600.
44234.
42948.
43422.
43284.




NONBORROWED

REQOIRED

43306.
43941.
45187.
44068.
42873.
42978.
41080.
41800.
40732.
40492.
38971.
40445.
40313.
41692.
41906.
42567.
42938.
42531.
43202.
42473.
43325.
42476.
43775.
42547.
43026.
42966.

44185.
44543.
46031.
45145.
44449.
43224.
42371.
43450.
42999.
42467.
42331.
43265.
42991.
43556.
44132.
44636.
45254.
45034.
44202.
43453.
43880.
43614.
43766.
42809.
43268.
43082.

|
|

156*7
157.0
157.5
155.6
154.0
154.5
153.3
155.1
152.9
154.2
154.6
155.5
154.4
155.8
157.9
157.6
157.8
157.0
158.2
157.3
157.8
157.5
158.5
158.4
158.7
158.0

J
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
l
|
|
|
|
|
|
|
|
|

TOTAL

663.5
660.3
656.0
648.5
642.1
647.7
645.5
642.1
641.5
648.5
647.5
650.5
645.0
651.6
659.6
661.2
657.6
651.3
654.4
651.6
653.0
647.0
656.2
656.8
661.4
652.3

| TIHE AND
| SAVINGS I
|
I
| 451.7
|
|
| 453.3
|
| 455.4
| 455.2
|
|
| 454.9
| 454.5
|
| 455.4
|
| 455.7
|
| 456.8
|
|
| 458.7
| 459.9
|
| 460.3
|
\
| 461.J
| 462.4
I
1 464.2
|
|
| 464.9
| 464.7
I
| 465.6
\
| 466.4
1
| 467.8
|
| 468.1
l
| 468.5
|
| 467.3
|
1
468.1
1
l 468.0
|
l 466.6
|

PRIVATE DEMAND DEPOSITS

|

I
NET
|
| INTERBANK!
I
l
19.1
16.0
15.3
14.5
13.5
15.3
14.8
12.7
14.5
17.4
14.6
15.7
14.3
15.6
16.8
16.7
16.3
16.6
17.2
16.0
17-0
14.3
18.1
15.9
16.8
15.5

|
J
1
|
|
|
|
|
|
|
|
|
|
1
J
|
|
|
|
|
|
|
|
|
|
|
|
|
|

TOTAL
209.9
203.9
198.8
190.8
185.3
191.0
188.7
184.3
182.9
188.0
186.1
187.2
181.8
187.9
193.5
193.5
189.7
182.7
185.9
182.3
182.9
177.2
187.0
187.2
189.5
183.7

OTHER
190.8
187.9
183.5
176.3
171.7
175.8
173.9
171.7
168.4
170.6
171.5
171.5
167.5
172.3
176.8
176.9
173.4
166.1
168.8
166.3
165.9
162.8
168.9
171.3
172.7
168.2

O.S.
GOVT
DEHAND
1 .8

2.5
1 .8

2.5
1.9
2 .2

1.4
2 .0

1.9
1 .8
1 .6

2.9
1.4
1.3
1.9
2 .8

3.1
3.0
2 .1

1.5
2 .0

1.4
1.9
1.5
3.9
2 .0

TABLE 5
AGGREGATE RESERVES 6 MONETARY BASE
ADJUSTED FOB CHANGES IN RESERVE REQUIREMENTS

1959

1960

1961

1962

SEASONALLY ADJUSTED
I
I
i
1.
TOTAL
I
NON| REQUIRED | MONETARY |
1
BASE
|
1 RESERVES | BORROWED | RESERVES |
1
1 RESERVES |
I
I
_ J
I
. I
JAN...|
15798. |
15246. |
15300. 1
45.1
|
FEB...|
15840. |
15335. |
15386. |
45.3
|
MAR... |
15802. |
15203. |
15342. i
45.3
|
APR. .. |
15845. |
15153. 1
45.3
|
15413. 1
HAT. ..i
15785. |
15044. J
15364. 1
45.4
|
J U N . ..|
15684. |
15278. |
45.4
|
14755. ]
JUL... |
15851. |
14889. |
15435. |
45.6
|
AUG... |
15933. |
14942. |
15485. |
45.7
|
SEP... |
15975. |
14949. |
15432. 1
45.6
|
14880. |
OCT . « • |
15787. |
15346. |
45.5
|
NCV...|
15777* |
14918. |
15333. |
45.5
|
DEC... |
15793. |
14852. |
15287. |
45.5
|
JAN. .. |
FEB.
HAB. .. |
APB... |
MAY..-1
JUN...|
JUL... |
AUG...|
SEP...1
OCT.. . |
NOV.-.|
SEC...1
1
JAN.. . |
FEB...1
HAR...|
APR... |
HAT... |
JUN. .. |
JUL. .. |
AUG...J
SEP...|
OCT... |
NCV... |
EEC...1
1
JAN. .. 1
FEB...I
HAR... |
APR. .. |
N A T . )
JUN...|
J U L ... |
A U G .. . |
S E P .. . |
CCT.-.J
NCV...|
E E C ...|




NOT SEASONALLY ADJUSTED
TOTAL
|
NONI REQUIRED | HO BETA RY
RESERVES | BORROWED | RESERVES |
BASE
RESERVES
|
1
1
I
______
1
1
16044. |
15546. |
45.3
15492. |
15254. |
44.8
15759. |
15306. |
44.8
15636. |
15036. |
15175. |
15845. |
45.0
15153. |
15413. |
'.5731. |
14990. |
15310. |
45. 1
15641. |
45.3
14712. |
15235. |
15426. |
45.7
15842. |
14881. |
15769. |
45.6
14778. r
15321. |
15796. |
45.6
14869. |
15353. |
15784. |
15343. |
45.6
14877, »
15802. |
14944. |
15358. |
45.8
46.4
16104. |
15598. |
15163. 1
|
16010. |
45.7
15123. |
15496. |
15451. |
14641. |
14997. |
44.8
14864. |
15286. |
44.7
14646. J
15365. |
44. 9
14939. 1
14759. |
15444. |
14999. |
45.0
14948. 1
15525. |
15045. |
45.2
15090. |
45.6
15701. |
15201. |
15322. |
15688. |
15146. |
45.5
15393. |
45.7
15852. |
15225. 1
15637. |
16028. |
15366. |
45.9
15861. |
16020. |
15410. |
46.2
16153. |
46.8
16353. |
16278. |
15609. |

15733. |
15523. 1
,5431. |
15401. |
15500. |
15555. |
15706. |
15844. |
15925. |
16027. |
16130. |
16042. |

14846.
14713.
14791.
14795.
15004.
15121.
15327.
15548.
15710.
15860.
15997.
15968.

|
|
1
|
|
|
|
|
|
I
|
|

15219.
15069.
15009.
14975.
15056.
15076.
15205.
15301.
15298.
15365.
15387.
15299.

J
|
|
|
|
|
|
|
|
|
|
|

45.5
45.3
45.2
45.2
45.3
45.3
45.5
45.6
45.7
45.9
45.9
45.8

|
|
J
|
|
|
|
j
|
|
|
|

16140.
16127.
16033.
16063.
16001.
16071.
16139.
16326.
16410.
16596.
16682.
16680.

|
t
|
|
|
|
|
|
|
|
|
1

16075.
15994.
159 63.
16006.
15906.
16008.
16084.
16261.
16373.
16525.
16584.
16546.

|
|
|
|
|
|
f
|
|
|
|
|

15369.
15478.
15487.
15447.
15445.
15481.
15523.
15747.
15831.
16064.
16091.
16096.

|
1
|
I
|
|
|
|
|
|
|
1

45.9
45.9
45.8
45.8
45.8
45.9
46.1
46.3
46.6
46.8
46.9
47.1

|
|
|
|
1
|
|
|
|
|
|
|

16413.
16056.
15903.
15968.
15927.
16066.
16132.
16204.
16343.
16616.
16729.
17008.

16701.
16574.
16578.
16694.
16783.
16748.
16839.
16828.
16894.
17006.
17055.
17220.

|
I
|
|
|
i
|
|
|
|
|
|

16615.
16507.
16490.
16622.
16722.
16646.
16748.
16704.
16813.
16944.
16935.
16959.

|
|
|
|
|
|
|
|
|
|
|
|

16079.
16072.
16107.
16202.
16266.
16275.
16305.
16298.
16404.
16529.
16498.
16648.

I
|
|
|
|
|
|
|
|
|
|
|

47.2
47.1
47.3
47.6
47.7
47.7
47.9
48.0
48.1
48.2
48.4
48.7

|
J
|
|
|
I
|
|
|
|
|
1

16968. |
16480. |
16441. |
16579. |
16672. |
16739. |
16852. |
16699. |
16847. |
17034. |
17091. |
17515. |

|
|
|
1
|
|
|
|
|
I
|
|

|
|
|
|
|
|
|
|
|
|
|
|

15641.
15407.
15357.
15351.
15371.
15476.
15516.
15624.
15763.
16083.
16137.
16424.

16882. |
16413. |
16352. |
16507. |
16611. 1
16637. |
16760. |
16574. |
16767. |
16972. |
16971. |
17255. |

16346.
15978.
15970.
16087.
16155.
16266.
16318.
16169.
16357.
16557.
16534.
16943.

16347.
15923.
15832.
15911.
15831.
16003.
16078.
16138.
16305.
16545.
16631.
16874.

|
|
\

|
|
|
|
I
I
|
|
|
I
I
I
J
|
|
|
|
|
|
|
|
|

46.1
45.5
45. 4
45.5
45.5
45.8
46.2
46.2
46.5
46.9
47.3
48. 1
47. 4
46.7
46.8
47.2
47,3
47.6
48. 1
47.9
48.0
48.3
48.8
49.7

TABLE 5
AGGREGATE RESERVES & MONETARY BASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS

1963

1964

1965

1966

1
1.
TOTAL
1
1 RESERVES
1
1
.
J A N . ••J
17225.
FEB.. . |
17163.
MAR. .. |
17143.
APR...J
17223.
MAI... |
17231.
JON. ..|
17211.
JOL . . . i
17394.
AUG... \
17405.
SEP...1
17447.
CCT... |
17424.
NCV... 1
77556.
17792.
DEC...)
1
J A N . ..1
17728.
FEB...|
17689.
MAR... |
17730.
APR.. . f
17726.
17747.
MAY... |
JUN . .. |
17849.
17944.
JUL.-• |
AUG.. . |
18173.
18274.
SEP..-I
CCT... |
18349.
N O V . ..1
18513.
18541.
EEC... |
I
JAN... |
18517.
F E B . ..|
18522.
18590.
MAR... |
A P R . .. |
18824.
MAY... |
18692.
JON...1
18833.
JUL... |
18966.
19037.
AUG.-• |
SEP... |
19049.
CCT.-. |
19185.
NOV... |
19175.
19461.
EEC... |
1
19457.
J A N . ..|
FEB... 1
19407.
19407.
MAR... |
APR.-. |
19551.
19624.
MAY... |
19614.
JON... |
19825.
JOL...1
AUG...1
19609.
19696.
SEP... |
CCT...|
19607.
NOV... |
19557.
19611.
EEC. .. 1




SEASONALLY ADJUSTED
NON{
J
| BORROWED |
RESERVES
|
1
1
f
17079. |
16997. |
|
|
16995. t
17093. |
I
17020. |
|
|
16952. |
|
17096. |
17076. J
t
|
17129. |
|
17104- |
|
17208. |
|
17459. |
1
17453. |
|
|
17402. |
J
17452. |
|
17515. |
|
17487. |
|
17581. |
J
17681. |
|
17858. |
|
17929. |
|
18028. 1
|
18112. |
|
18277. |
|
I
|
|
|
1
|
»
|
J
|
|

18217.
18118.
18179.
18352.
18197.
18296.
18438.
18490.
18495.
18697.
18743.
19017.

|
|
|
|
|
|
|
J
|
|
|
1

19037. J
18926. |
18846. |
18914. |
18937. |
18907. |
19084. |
18874. |
18927. |
18873. |
18950. |
19078. t

|
|
|
|
|
|
J
|
|
|
J
|

1
______
1
REQUIRED | MONETARY 1
RESERVES |
BASE
t
I
1
__ I
1
16720. j
48.8
|
16702. |
48.9
|
16710. |
49.1
1
16766. |
49.3
I
16801. |
49.4
|
16794. |
49.6
|
16940. |
49.9
|
16960. |
50.1
|
17019. |
50.3
|
17027. 1
50.4
J
17115. |
50.8
|
17302. |
51.2
|

NOT SEASONALLY ADJUSTED
NONTOTAL
|
RESBRVES | BORROWED
RESERVES
1
1
.
17494. |
17348.
17075. |
16909.
17030. |
16882.
17107. |
16977.
17139. |
16929.
16983.
17242. |
17138.
17436. |
17189. |
16860.
17096.
17414. |
17429. |
17109.
17571. j
17223.
18061. |
17729.

| REQUIRED
| RESERVES
|
1 _ _ __ _
|
16989.
16614.
|
16596.
|
|
16650.
|
16709.
1
16825.
|
1698 2.
16744.
}
|
16986.
17031.
I
17130.
|
|
17571.

| MONETARY
|
BASE
I
1
|
49.0
|
48.4
|
48.6
|
48.9
49.1
|
|
49.6
f
50.2
|
50.0
1
50.3
|
50.5
|
51. 1
|
52.2

|
|
|
|
|
|
|
|
|
|
|
|

51.2
51.3
51.6
51.7
52.0
52.2
52.4
52.9
53.2
53.4
53.7
53.8

|
|
|
|
|
|
|
|
|
|
|
|

18034. |
17566. |
17644. |
17651. |
17639. |
17905. |
17987. |
17940. |
18243. |
18323. |
18462. 1
18823. 1

17759.
17279.
17366.
17440.
17379.
17637.
17723.
17625.
17897.
18002*.
18061.
18559.

|
|
|
|
I
|
|
|
I
|
1
1

1759 4.
17168.
1725 8.
17298.
17285.
17530.
17611.
17519.
17812.
17925.
18054.
18417.

|
J
|
|
|
|
J
|
|
|
|
|

51.5
50.8
51.2
51.3
51.6
52.2
52.7
52.7
53. 1
53.4
54.0
54.9

18102. 1
18110. |
18224. |
18482. |
18358. 1
18471. |
18613. I
18641. |
18639. I
18827. |
18823. |
19037. |

54.0
54.1
54.3
54.6
54.6
54.9
55.3
55.5
55.8
56.3
56.4
56.9

1
1
|
|
|
|
J
|
|
|
|
|

18853.
18475.
18522.
18722.
18702.
18918.
19049.
18800.
18956.
19143.
19104.
19770.

|
|
|
|
|
I
J
|
J
1
|
i

18553.
18070.
18111.
18251.
1820 7.
18381.
18521.
18253.
18402.
18655.
18672.
19326.

I
|
|
|
|
|
1
I
|
|
|
|

18438.
18063.
18157.
18381.
1836 9.
18556.
18696.
18404.
1854 6.
18785.
18752.
19347.

|
I
|
|
t
|
|
|
|
|
|
I

54.3
53.7
53.9
54.2
54.3
54.9
55.5
55.4
55.7
56.2
56.7
58.0

19078.
19061.
19065.
19196.
19283.
19258.
19447.
19241.
19325.
19275.
19172.
19272.

57.2
57.3
57.4
57.8
58.0
58.1
58.6
58.5
58.7
58.8
58.9
59.1

|
|
|
|
|
|
I
|
|
|
J
t

19836. |
19332. |
19314. |
19614. |
19552. |
19642. |
19880. ]
19374. |
19568. i
19600. |
19488. |
19964. |

19416.
18850.
18753.
18977.
18865.
18934.
19139.
18639.
18799.
18866.
18881.
19432.

|
I
|
|
|
i
|
I
I
|
|
|

19457.
1898 5.
18972.
19259.
19211.
19286.
1950 2.
19007.
19197.
19268.
19103.
19625.

|
|
1
I
|
|
|
|
|
|
|
|

57.5
56.8
57.0
57.5
57.7
58. 1
58. 8
58.4
58.6
58.8
59.2
60. 3

17288.
17291.
17343.
17373.
17393.
17474.
17568.
17752.
17843.
17951.
18105.
18135.

J
1
|
|
|
|
\

|
|
|
|
1

TABLE 5
AGGREGATE RESERVES! 6 MONETAEI BASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS

1967

1968

1969

1970

SEASONALLY ADJUSTED
I
I
.. .... ...i
L
TOTAL
|
MONETARY
|
NON—
|
REQUIRED |
I
BASE
I
I RESERVES | BORROWED | RESERVES |
1
1 RESERVES |
1
I
1
.1
_ ..
_ 1
I
JAN...|
19829. |
19420. J
59.5
|
19426. |
19916. |
FIB... |
19553. |
59.8
t
19548. |
MAR... |
20176. |
19976. |
60.2
|
19762* |
AIR... |
20319. |
60.4
|
20172. J
19968. I
MAY... |
20297. {
20208. J
60.4
|
19933. |
JUN-- 1
20424. |
20319. I
60.7
|
20072. |
JOL...|
20826. |
61.5
|
20711* |
20407. |
20857. |
AUG...1
20777. |
61.7
|
20492. |
SEP...|
21121. |
21032. 1
20779. |
61.9
|
OCT... |
21447* |
2 1318. |
21111. |
62.6
|
NCV...|
21546. |
21414. |
62.8
I
21187. |
21609. |
DEC...|
21381. 1
21234. |
63.2
|
|
1
JA N . ..|
21454. |
63.6
I
21700. |
21313. 1
21740. |
21367. f
63.7
|
FIB...I
21353. f
MAR. .. I
21786* »
21126. |
64.1
|
21449. |
64.3
|
APR... |
20988. |
21338. |
21673. |
MAY... |
21733. J
20992. |
64.5
|
21373. |
65.0
|
21888. |
21195. |
21560. J
J0N...I
JOL...1
22244. |
21717. |
21893. 1
65.6
t
AUG... |
21784. |
65.9
|
22348. |
22019. |
SIP...{
21894. |
66.4
|
22398. 1
22036. |
OCT.. • |
66.7
|
22597. |
22154. f
22352. |
22818. I
67.3
|
NCV...|
22273. I
22510. |
DEC...|
23103. |
22357. |
22677. |
67.9
|
JAN... |
FEB...|
MAR...1
APR...|
HAY...I
JON...)
JOL...|
AUG...|
SIP...I
OC1...I
NCV...|
DEC...|
J
JAN... |
FIB...1
MAR... |
APR...I
MAY...|
JON. .. |
JOL... |
AOG... 1
S I P . |

CCT... |
NCV... |
DEC... 1




NOT SEASONALLY ADJUSTED
TOTAL
|
NONRESERVES I BORROWED
1 RESERVES
_____
I
20221. |
19811.
19860. |
19496.
20103. I
19903.
20314. |
20168.
20104.
20193. J
20349. I
20243.
20804. |
20689.
20613. |
20532.
20973. J
20884.
21264.
21393. |
21415. |
21283.
21941. 1
21713.

| REQUIRED
J RESERVES
|
I __ _______
19818.
|
|
19491.
|
19689.
|
19964.
I
19828.
I
19996.
|
20386.
I
20248.
|
20631.
I
21058.
|
21056.
I
21566.

22130. |
21740. |
21705. J
21758. |
21609. I
21813. |
22128. |
22101. 1
22137. J
22615. I
22737. |
23116. |

21884. |
21368. }
21046. |
21073. |
20868. 1
21119. |
21601. |
21536. |
21633. |
22172. I
22193. |
22370. |

21743.
21354.
21368.
21423.
21249.
21485.
21777.
21771.
21776.
22370.
22429.
22690.

| MONETARY
f
BASE
I
»
|
59.9
|
59.3
i
59-8
|
60. 1
|
60.2
60.8
|
61.6
|
61.4
|
|
61.9
|
62.6
I
63.1
64.4
|
8
63.9
|
|
63.2
63.6
|
|
64.0
64.1
|
I
64.9
|
65.7
|
65.9
|
66.1
66.7
|
|
67.6
|
68.8

23106. |
23058. 1
22838. |
22721. |
22973. |
22823. |
22485. |
22544. |
22630. 1
22474. |
22719. |
22921. |

22370.
22223.
21936.
21717.
21599.
21438.
21233.
21325.
21551.
21324.
21516.
21802.

|
|
I
|
|
|
|
|
|
|
J
|

22860.
22804.
22619.
22554*
22718*
22519.
22260.
22307.
22356.
22311.
22490.
22635.

|
|
|
|
|
|
|
|
|
|
|
f

68.1
68.3
68.3
68.2
68.7
68.9
68.7
69.1
69.3
69.5
70.1
70.4

|
I
|
|
|
|
|
|
|
|
I
|

23836.
23194.
22714.
22728.
23089.
22618.
22443.
22383.
22382.
22468.
22627.
22910.

|
|
i
|
|
|
|
|
|
|
|
|

23100.
22359.
21812.
21724.
21714.
21234.
21191.
21164.
21303.
21318.
21424.
21791.

|
|
|
J
|
|
|
I
|
|
|
|

23590.
22940.
22495.
22561.
22833.
22314.
22219.
22146.
22108.
2230 5.
22398.
22624.

|
I
t
|
|
{
|
|
I
|
|
1

68.7
67.9
67.7
67.9
68.6
68.7
69.0
69.1
69.0
69.5
70.4
71.3

22788. |
22695. |
22586. f
23008. |
22847. I
22878. |
23147. |
23612. J
23998. 1
24203. |
24350. |
24732. |

21829.
21614.
21690.
22163.
21879.
21997.
21787.
22774.
23398.
23741.
23935.
24400.

|
|
J
|
I
|
|
J
|
|
|
|

22615.
22486.
22425.
22856.
22689.
22688.
22981.
23438.
23754.
23998.
24116.
24483.

|
|
I
|
|
|
|
|
I
|
|
|

70.5
70.6
70.8
71.4
71.8
72.0
72.5
73.2
73.8
74.2
74.7
75.4

|
|
1
|
|
|
|
|
|
|
|
|

23533. |
22798. |
22473. |
23026. |
22889. I
22662. |
23130. 1
23353. J
23778. 1
24135. |
24222. |
24747. J

22573.
21718.
21575.
22181.
21921.
21781.
21770.
22516.
23177.
23672.
23807.
24415.

|
|
|

23359.
22590.
22310.
22875.
22731.
22472.
22964.
23179.
23533.
23930.
23988.
24499.

1
J
|
1
|
|
|
|
|
|
|
|

71. 1
70. 1
70.2
71.1
71.6
71.8
72.9
73. 1
73.5
74.1
74.9
76.3

\

|
|
|
I
|
|
|
|

TABLE 5
AGGREGATE RESERVES £ BONETARY BASE
AOJOSTEO FOR CHANGES IN RESERVE REQUIREMENTS

1971

1972

1973

1974

SEASONALLY ADJUSTED
I
I
I
L
TOTAL
|
HONJ REQUIRED | MONETARY |
1
RESERVES
1
RESERVES
|
BORROWED
|
BASE
|
1
1
1 RESERVES |
1
1
1
1
___ I
_ _ J
_ 1
JAN...|
24892. |
24528. |
24658. |
75.9
|
FEB...|
25249. |
24918. 1
24995. |
76.5
1
BAR...|
25371. |
25052. |
25176. |
76.9
|
APR... |
25403. |
25250. |
25236. |
77.3
|
HAY...|
25701. |
25417. |
77.9
|
25482. |
JON...i
25833. |
25341. |
25632. |
78.3
|
JOL..-1
26016. |
25193. |
25831. |
79.1
|
AUG... |
26176. J
25366. |
25980. |
79.5
|
26014. |
26320. J
SEP.. . |
26509. I
80.1
|
CCT...|
25974. |
26332. |
26169. |
80.2
)
NCV...|
26524. |
26140. |
26286. |
80.5
I
DEC-- |
26643. |
26517. |
26461. |
80.9
|
1
1
27011. |
26827. |
81.6
|
JAN...|
27033. |
27125. |
FEB...|
27158. |
27006. |
82.1
|
27360. |
MAR...1
27262. J
27170. |
82.7
|
APR...1
27656. |
27538. I
27499. |
83.2
|
MAY... |
27776. |
27664. |
27636. |
83.6
|
28038. J
27938. |
JON...|
27835. |
84.2
|
JUL...|
28210. |
27972. |
28017. |
84.8
|
85.4
|
28583. |
28195. 1
28394. |
AUG... |
28551. |
28009. |
SEP-. . |
28339. |
85.8
|
CCT...1
28939. |
28384. |
86.7
|
28728. |
NCV.. . |
28820. |
29429. |
29075. i
87.7
|
28825. 1
DEC...|
88.7
|
29875. |
29591. |
1
JAN . ..1
30137. J
28976. |
89.3
|
29878. |
28567. |
FEB...|
30161. |
29963. 1
89.6
|
30561. |
28737. |
90.4
|
MAR.. . |
30352. |
30603. |
28891. |
91.0
a
APR...|
30380. |
MAY... |
30614. |
28771. |
30475. |
91.5
|
29015. |
JON.
|
30866. J
30648. J
92.1
|
JOL . . . |
31306. |
29353. |
92.9
|
31023. |
AUG.• • |
31327. |
29163. |
31155. |
93.2
|
29544,
|
SEP-- |
31166. |
93.7
1
31396. J
94.4
|
OCT...|
31721. |
30245. |
31469. |
NCV...|
30380. 1
31549. |
31773. I
94.9
|
31614. |
31918. |
30619. J
DEC... |
95.6
|
1
32373. |
31322. |
J A N . .. |
96.5
1
32211. |
32338. |
31147. I
32154. |
97.1
|
F E B . .. \
MAR... |
32255. |
30941. |
97.6
i
32121. I
32635. |
APR... |
30899. 1
98.5
|
32453. |
MAY... |
32955. |
30365. |
99.4
|
32795. |
30157. i
JON . .. |
33163. |
100.0
|
32965. |
30197. |
33498. |
33336. |
J O L . .. |
100.6
|
AUG... |
33330. |
33518. |
30182. !
101.3
|
SEP... |
33605. |
30323. |
33425. J
101.9
|
33574. |
33694. |
31881. |
102.7
|
OCT...I
NCV... |
33862. |
32610. 1
33657. |
103.5
1
DEC... |
34167. |
33440. J
33909. |
104.3
l




NOT SEASONALLY ADJUSTED
TOTAL
|
NONRESERVES | BORROWED
1 RESERVES
1
25769. J
25405.
25387. |
25056.
25231. I
24913.
25439. |
25286.
25514.
25798. |
25618. |
25126.
25994. I
25171.
25904. |
25095.
26216. |
25722.
26257. |
25899.
26378. |
25994.
26566.
26692. I

l REQUIRED | MONETARY
| RESERVES 1
BASE
|
1
!
|
2553 5. |
76.5
|
76.0
25133. I
|
25036. |
76.3
25271. |
77.0
|
|
25579. |
77.8
25417. |
I
78.2
|
25809. |
79.5
79.4
|
25708. |
|
26027. I
79.8
26094. |
80.1
|
26141. |
|
80.8
|
26510. |
82.0

|
|
|
|
|
|
|
|
J
1
1
|

27980.
27200.
27082.
27646.
27882.
27682.
27987.
27865.
27705.
28294.
28583.
28842.

|
|
|
f
|
|
|
|
|
|
|
f

2779 6.
27081.
26990.
2760 7.
27854.
27579.
28031.
28064.
28034.
28638.
28838.
29608.

J
|
|
|
|
|
|
|
j
|
I
|

82.3
81.5
82.0
83.0
83.7
84. 1
85.2
85.2
85.4
86.5
87.8
89.8

31271. |
30197. |
30341. I
30758. f
30803. |
30562. |
31374. |
30985. |
31088. |
31632. J
31571. |
32035. |

30111.
28604.
28517.
29046.
28960.
28712.
29421.
28821.
29236.
30156.
30178.
30737.

|
|
1
|
|
|
|
|
|
|
|
|

31013.
30000.
30132.
30535,
30664.
30345.
31090.
30813.
30858.
31380.
31346.
31732.

|
|
|
1
|
|
|
r
1
|
|

90. 1
88. 9
89.6
90.9
91.5
92.0
93.4
93.1
93.3
94.1
95.1
96.9

33559.
32292.
31937.
32788.
33043.
32847.
33609.
33214.
33291.
33632.
33730.
34352.

32508.
31100.
30622.
31051.
30453.
29840.
30308.
29878.
30 009.
31819.
32478.
33625.

|
|
i
|
|
|
I
|
i
I
|
|

33397.
32107.
31802.
32606.
32883.
32649.
33447.
33025.
33110.
33512.
3352 5.
34094.

|
|
|
I
|
|
|
|
I
|
|
1

97.4
96.2
96.7
98.4
99.3
99.9
101.3
101.2
101.4
102.4
103.8
105.8

28002.
27233.
27180.
27764.
27993.
27782.
28225.
28252.
28246.
28850.
29192.
*29892.

|
|
|
|
|
J
|
|
}
I
|
|

\

TABLE 5
AGGREGATE RESERVES $ EOEETART BASE
ADJUSTED FOR CHARGES 1R RESERVE REQUIREMENTS

1975

1976

1977

1978

I
L
TOTAL
I
I RESERVES
I
1_
JAN. ..|
34127.
34045.
FEB...|
MAR... |
34054.
APR... |
33988.
MAT... |
33717.
JUN... |
33988.
JOL . .. |
33908.
33843.
AOS... |
SEP-- |
34022.
CCT.. . |
33846.
NCV...(
34082.
EEC... 1
1 ^V/AT
33904.
JAN... |
FEB...1
33932.
33856.
MAR... |
APR... |
33719.
33904.
MAY__ |
JUN...|
33882.
33971.
JUL... |
AUG... |
34053.
SEP...J
33904.
CCT...|
34066.
NCV... |
34442.
34599.
DEC...1
1
34852.
JAN... |
FEB...|
34683.
34755.
MAR.. . |
35023.
APR...J
HAT... |
35133.
JUN...|
35059.
JUL...|
35486.
35744.
AUG...1
SEP... |
35753.
CCT...|
35932.
NOV...J
36109.
36235.
EEC.. . |
1
JA N . .. |
36881.
FEB...|
37176.
MAR... |
36942.
37218.
APB.. . |
37668.
MAT.. • |
JUN... |
37993.
JUL... |
38318.
38184.
AUG...|
38371.
SEP.„ . |
CCT...J
38536.
NOV...|
38508.
38425.
DEC... |

TU ^




SEASONALLY ADJUSTED

HOT SEASONALLY ADJUSTED

I

NOR| REQUIRED 1 MONETARY |
1
| BORROWED | RESERVES |
BASE
|
RESERVES |
1
1
1
|
33980. |
104.7
|
33729. |
|
33898. |
105.0
|
33852. |
|
33948. 1
33854. |
105.7
|
|
33878. 1
33830. |
105.6
{
|
33651. |
33561. |
106.1
|
|
33761. |
33787. I
107.4
|
107.7
|
|
33607. |
33720. |
|
108.3
|
33632. |
33648. |
|
33625. |
33831. |
108.6
|
109.Q
I
1
33656. 1
33639* I
|
109.9
|
33799. |
34022. |
iin nn- i
110.4
)
!
3 # fw !
!
1
|
33826. |
110.7
|
33664. 1
111.5
|
33714. |
|
33852. |
I
33803. |
33633. |
112.1
|
|
33564. |
112.8
|
33675. 1
|
33694. 1
113.7
|
33789. |
1
33756. |
114.2
|
33668. |
J
33737. |
114.7
J
33839. |
|
115.4
|
33953. |
33846. |
1
115.8
|
33843. |
33703. |
1
33847. J
116.6
|
33972. |
|
34184. |
117.4
l
34369. |
|
34546. |
118.1
|
34326. |

iWs

TOTAL
|
HOHRESERVES | BORROWED
RESERVES
_ _
3494 8.
35346. |
33940. |
33793.
33662. |
33556.
34115. |
34005.
33636. |
33570.
33693. |
33466.
33946. |
33645.
33554. |
33343.
33334.
33731. |
33757. |
33567.
34015. |
33955.
T■*T*■»
y-«*
f
JfJUU• 1 ^ W *
i W
1
35170. I
35092.
33828. |
33747.
33455. J
33401.
33799. |
33 755.
33733. |
33619.
33555. J
33429.
34000. |
33867.
33743. J
33643.
33577. |
33515.
34015. i
33921.
34289.
34361. |
34878.
34931. |

3+

| REQUIRED | MONETARY
| RESERVES f
BASE
|
1
1
1
105.5
|
35200. |
104.0
1
33746. |
104.7
|
33462. |
|
105.6
33958. |
|
33481. |
105.9
33492. |
107.2
]
33758. |
108.3
|
1
33359. »
108.1
33540. |
108.1
|
108*7
|
33550. |
110.4
|
33732. |
|
I
112. 1
\

|
|
|
|
|
|
|
|
|
|
|
|

sm \
34930.
33609.
33232.
3364 4.
33524.
33342.
33765.
33536.
33376.
33796.
34104.
34657.

1
]
|
|
j
1
|
|
|
|
|
|

111.6
110.4
111.0
112.6
113.4
114.0
115.4
115.3
115.3
116.3
118.0
120.0

1
|
|
|
|
|
|
|
|
|
|
|

119.9
118.3
118.8
120.8
121.3
122.0
124.3
124.4
124.7
126.0
127.7
130. 1

|
|
|
|
|
|
|
|
|
|
|
1

130.5
129.2
129.4
131.4
132.5
133.7
135.9
135.4
136.4
137.8
139.3
141.8

|
|
|
|
|
1
|
J
|
|
|
J

34784.
34612.
34652.
34950.
34927.
34796.
35163.
34683.
35127.
34627.
35247.
35665.

|
|
|
|
|
|
|
1
|
|
|
|

34586. |
34485. |
34540. |
34831. |
34925. |
34911. |
35211. |
35544. |
35544. |
35722. |
35858. |
36045. |

118.9
119.4
120.1
121.0
121.7
122.2
123.6
124.4
125.2
126.2
127.1
127.9

|
|
|
|
|
|
J
1
|
|
|
|

36273.
34648.
34301.
35018.
34896.
34669.
35544.
35420.
35401.
35960.
36117.
36719.

|
J
|
|
I
|
|
|
|
|
|
1

36205.
34576.
34197.
34945.
34689.
34406.
35221.
34359.
34776.
34654.
35255.
36149.

|
|
|
|
|
|
|
|
|
|
|

36007.
34449.
34086.
34826.
34688.
34521.
35270.
35220.
35193.
35750.
35866.
36529.

|
|
|
|
|
|
I
|
|
1
|
|

36397.
36771.
36614.
36661.
36456.
36898.
37001.
37045.
37311.
37258.
37805.
37557.

|
|
|
|
|
|
|
|
|
|
|
|

36615.
36935.
36743.
37069.
37449.
37815.
38121.
38017.
38179.
38374.
38286.
38193.

129.4
130.5
130.9
131.7
133.1
134.1
135.1
135.6
136.8
137.9
138.7
139.4

l
|
|
|
|
|
|
|
|
|
|
|

38388.
37083.
36355.
37198.
37321.
37541.
38475.
37798.
38007.
38674.
38459.
38932.

|
|
|
|
|
|
|
|
|
|
]
|

37904.
36678.
36027.
36641.
36109.
36447.
37157.
36658.
36947.
37397.
37756.
38063.

|
|
|
|
t
|
|
|
|
I
|
|

38122.
36842.
36155.
37050.
37102.
37363.
38277.
37630.
37814.
38512.
38237.
38699.

c^ui)

|
|
I
|
|
|
|
|
|
|
|
|

w

\

aW<

TABLE 5
AGGREGATE RESERVES & SOHETARY BASE
ADJUSTED FOE CHANGES IN RESERVE REQUIREMENTS

1979

1980

SEASONALLY ADJUSTED
I
I
1
1.
NONTOTAL
REQUIRED | MONETARY ]
1
I
RESERVES |
BASE
|
1 RESERVES I BORROWED
RESERVES
I
1
I
1
1
1
I
I
JAN.|
38599. 1
37597.
140.4
|
38385. 1
140.6
I
38098. 1
37125.
37889. |
FEB...1
MAR.-.1
37980. 1
36990.
141.2
|
37822. |
APR.. . |
37015.
141.8
|
37933. 1
37756. |
HAY...|
37938. 1
142.4
|
36173.
37797. |
JON...|
37867. 1
36449.
37646. |
143.3
|
38130. I
JUL...|
144.4
|
36959.
37919. |
AOG...|
38414. 1
37329.
38192. |
145.9
|
SEP...|
38696. 1
37356.
147.3
|
38505. |
39289. 1
37267.
OCT...|
39017. |
148.6
|
NCV__ |
39439. 1
37534.
39195. |
149.2
|
40047.
DEC__ |
150.2
|
38575.'
39606.' |
1
JAN.|
FEB. .. |
MAR...|
APR... |
MAY. .. |
JUN. .. 1




40015.
39956.
40084.
40132.
40128.
40101.

I
1
1
1
1
I

38774.
38301.
37260.
37676.
39110.
39721.

39764.
39745.
39880.
39927.
39938.
39878.

|
|
|
|
|
|

151.3
152.2
153.1
153.2
154.2
155.1

|
j
|
|
|
|

NOT SEASONALLY ADJUSTED
TOTAL
|
NONRESERVES | BORROWED
RESERVES
J
1
402 83. |
39280.
37907. |
36934.
37437. J
36446.
37949. |
37032.
37528. |
35763.
37444. |
36026.
37109.
38279. |
38037. {
36951.
38337. |
36996.
39376. |
37354.
39388. |
37483.
40490. |
39017.
41715.
39761.
39500.
40155.
39667.
39618.

|
|
|
|
|
|

| REQUIRED | MONETARY
| RESERVES |
BASE
|
I
I
_ I
|
40069. I
141.6
|
37698. |
139. 1
|
37279. J
139.6
141.4
|
37773. |
141.7
|
37387. |
37223. |
143.0
1
1
3806 8. |
145.3
|
37815. |
145.7
38145. |
146.7
|
39104. |
|
148.4
39144. |
149.9
I
4004 8. |
|
152.8

40474. |
38106. |
36677. |
37700. |
38649. |
3923 9. |

41464.
39550.
39296.
39951.
39478.
3939 5.

1
I
|
|
J
1

152. 5
150.5
151.3
152. 8
153.5
154.7

TABLE 6

AGGREGATE RESERVES 8 BO ifSTART BASE
ADJUSTED POR CHARGES IH RESERVE REQUIREMENTS

1959

JAN
JAN
JAN
JAN
FIB
PEB
FIB
FIB
MAR
MAR
BAR
BAR
APR
APR
APR
APR
APR
HAT
HAT
HAT
HAT
JUN
JON
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SIP
SEP
SIP
SEP
SEP
OCT
OCT
CCT
OCT
NOV
SOT
SO?
sov
DEC
DEC
DEC
DEC
DEC




SEASONALLT ADJUSTED
1
I
L
TOTAL
|
NOH1
I REQUIRED i MONETARY |
BASE
|
1 RESERVES J BORRONSD 1 RESERVES |
1
1 RESERVES
l
1
1
1
_
1
1
_ I
7.. . |
15805. |
45.1
|
15262. |
15179. I
14... |
15784. |
15071. I
45.1
|
15223. |
15770. |
21...|
15332. I
15235. |
45.2
|
28...I
15828. I
15339. I
15435. |
45.3
|
4...J
15815. |
15400. I
45.2
1
15411. I
11...|
15427. I
15962. |
45.4
|
15409. t
15287. l
18...1
15852. i
15410. |
45.3
|
15757. |
25...|
15301. 1
15347. |
45.2
|
4...|
15756. |
15227. 1
45.2
|
15338. |
15872. |
15169. 1
45.3
|
15319. |
11..* 1
18... 1
15751. |
15226. 1
45.2
|
15363. |
25. .. |
15821. |
15221. 1
15363. |
45.3
J
1
15788. |
15176. 1
45.3
|
15320. |
45.4
|
8...J
15969. |
15297. 1
15560. |
15... 1
15910. |
15207. 1
45.3
1
15466. |
45.4
|
15861. |
15112. 1
15351. |
22...|
29...|
15666. j
15010. 1
45.3
1
15298. I
6...|
15710. |
15035. 1
45.3
|
15352. |
13...|
15797. |
1508Q. 1
45.4
|
15343. I
45.7
|
16022. |
15420. |
20...|
15169. 1
27... |
15679. |
45.4
I
15021. 1
15349. |
14800. 1
15649. |
15346. |
45.3
|
3. . . |
45.4
|
10...|
15698. |
14719. 1
15270. |
17...|
15737. |
14761. 1
45.5
|
15281. |
45.5
|
15702. |
14826. 1
24...|
15245. 1
45.4
1
15605. |
14684. 1
15288. |
1... |
15761. |
45.5
|
8...|
14734. 1
15326. |
15858. |
45.6
I
15...J
15447. |
14856. 1
22...|
15991. |
15079. 1
45.7
|
15503. |
15821. [
29...J
14931. I
15472. |
45.6
|
15868. |
45.6
|
5... |
14834. 1
15468. |
45.7
J
15973. |
14900. 1
15431. |
12...|
45.7
|
19...|
14947. I
15461. |
15892. |
26...|
15957. |
45.8
|
15017. 1
15520. |
15963. |
14998. 1
45.7
|
15562. |
2...I
15001. 1
45.8
|
9... \
16058. |
15500. |
15941. |
45.7
|
16...|
14882. 1
15458. |
15924. |
45.7
|
23...|
15065. 1
15402. t
45.3
|
30... |
15553. |
14832. 1
15333. |
7__ |
15855. |
45.6
i
14849. 1
15372. I
14774. 1
45.5
|
14...|
15822. |
15333. |
15851.
|
45.5
I
15032.
15345.
|
21...|
1
45.4
|
15324. J
28...|
15626. |
14836. f
14944. 1
45.5
|
4... |
15770. |
15370. |
14980. 1
45.5
l
15888. |
15366. |
11... |
45.4
|
15814. t
14958. 1
15357. |
18... f
14910. 1
25... I
15299. |
45.4
|
15732. |
45.3
|
15637. J
14767. I
15271. |
2... 1
45.5
f
9... |
15853. f
15338. |
14942. 1
45.4
j
15764. |
14808. 1
16...|
15321. |
45.5
|
15243. »
23...|
15882. |
14902. 1
45.4
|
15720. |
30...|
14792. 1
15256. |

...|

NOT SEASONALLT ADJUSTED
NONTOTAL
1
RESERVES 1 BORROWED
RESERVES
1
1.
16261. J
15635.
16062. |
15349.
15943. |
15505.
15967. |
15478.
15909. |
15494.
15387.
15922. 1
15751. |
15186.
15595. |
15139.
15054.
15583. |
15639. |
14936.
15633. I
15108.
15746. |
15146.
14930.
15542. |
15200.
15872. |
15864. |
15161.
15976. |
15227.
15725. |
15069.
15740. |
15065.
15733. |
15024.
15996. |
15143.
15580. 1
14922.
15515. I
14666.
14543.
15522. |
15720. |
14744.
15798. |
14922.
15569. |
14648.
14615.
15642. |
15804. |
14802.
15195.
16107. I
15851. |
14961.
15854. 1
14820.
15807. |
14734.
15695. |
14750.
15763. |
14823.
15741. |
14776.
15826. |
14769.
15828. |
14769.
15119.
15978. |
15569. |
14848.
15814. |
14808.
15697. |
14649.
15855. |
15036.
15733. |
14943.
15871. 1
15045.
14991.
15899. |
15827. |
14971.
14931.
15753. 1
14778.
15648. |
15057.
15968. I
16024. |
15068.
16398. |
15418.
15205.
16133. 1

| REQUIRED
f RESERVES
|
1 ____
15718.
|
15501.
|
|
15408.
|
15574.
|
15505.
|
1536 9.
|
15309.
|
15185.
|
15165.
15036.
(
f
15245.
|
15288.
|
15074.
|
15463.
|
15420.
|
15466.
15357.
|
|
15382.
|
15279.
15394.
|
|
15250.
I
15212.
1
15094.
15264.
»
)
15341.
I
15252.
15207.
|
1
15393.
15619.
|
|
15502.
15454.
|
I
15265.
15264.
|
15326.
1
15340.
|
15268.
|
|
15345.
15456.
|
15349.
|
15331.
|
15208.
|
15349.
I
15431.
|
15471.
|
15377.
1
15370.
|
15320.
|
|
15282.
I
15453.
15581.
|
15759.
|
15669.
|

1 HONSTART
BASE
|
1
1
46.0
|
|
45.5
|
45.2
J
45.0
44.9
|
|
45.1
44.9
|
44.6
I
|
44.6
44.9
|
44.9
|
44.9
I
|
44.6
|
45.2
|
45.1
|
45.2
|
44.8
45.1
|
I
45.2
45.4
|
|
44.9
45.0
|
|
45.3
|
45.4
45.4
|
45.2
|
I
45.7
45.8
|
|
46.0
45.5
|
|
45.7
|
45.8
I
45.6
45.5
|
1
45.4
45.9
I
|
45.8
45.7
|
|
45.1
45.7
|
|
45.6
45.7
|
I
45.4
i
45.6
|
45.9
|
45.8
45.7
I
|
45.8
46.3
|
|
46.3
|
46.8
|
46.6

TABLE 6
AGGBEGATE RESERVES S MONETARY BASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS

1960

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
HAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
CCT
NCV
NOV
NCV
NOV
NCV
EEC
EEC
DEC
EEC




SEASONALLY ADJUSTED
NOT SEASONALLY ADJUSTED
I
II
II
L
TOTAL
|
NON| REQUIRED | MONETARY II
TOTAL
|
NON| REQUIRED | MONETARY
1
BASE
BASE
1 RESERVES | BORRONED | RESERVES 1
II RESERVES | BORRONED \ RESERVES |
1
1 RESERVES |
1 RESERVES |
1
1
II
1
1
1_________ 1
1
II
1
1
6... |
15773. |
14760. |
15241. |
45.5
46.4
16275. |
15262. |
15743. |
II
13...|
15813. |
14902. |
15251. |
45.5
15615. |
46.1
15266. |
16162. |
11
20...|
15885. |
14971. |
15291. |
45.6
15207. |
15527. |
45.7
16121. J
II
27...|
15527. |
14754. |
15676. |
14903. |
15272. |
45.0
15123. |
45.3
II
15625. |
3... |
14817. |
15144. |
45.4
1573
7.
I
15256.
1
14929.
|
45.1
II
10...|
15517. |
14667. |
15495. |
15088. |
14645. |
15066. |
45.0
45.2
II
15584. |
17...|
14611. |
14983. |
15076. |
45.3
15491. |
14518. |
44.9
II
24...|
15447. |
14827. |
44.7
15315. |
14695. |
14891. |
15023. |
45.2
II
2... |
15355. |
15492. |
14699. |
15051. |
45.3
14562. |
14914. |
44.6
II
9... 1
15400. |
14805. |
14604.
|
14837.
|
44.7
15038. 1
45.1
15199.
1
II
16...|
15531. |
14805. |
15020. |
14640. |
45.3
15366. |
14855. |
44.9
H
23...|
15427. |
44.9
15455. |
14868. |
15004. |
45.2
14840. |
14976. |
II
30...|
15338. I
14554. |
14736. |
14979. |
45.1
15156. |
1*479 7 • |
44.5
II
6... I
15315. |
14611. |
44.7
14706. |
14878. |
45.1
15143. |
14439. |
II
13...|
15289. |
14618. |
15148. |
14477. |
14680. |
44.8
45.1
14821. 1
II
20...|
15420. |
14859. |
15056. |
45.3
15494. |
14933. |
15130. I
45.1
II
27... |
15564. |
15040. |
45.4
15605. |
15124. |
15081. |
44.9
15083. I
II
4... |
15454. \
15413. |
14861. |
15089. |
15130. \
14902. |
44.8
45.2
II
15570. ]
11...i
15021. |
45.4
15530. J
45.1
15072. |
14981. |
15032. |
11
18...|
15505. |
14950. |
45.0
15048. |
45.3
15463.
|
14908.
|
15006.
|
II
25... |
15480. »
15078. I
15027. |
15403. I
15001. |
14950. |
44.8
45.2
II
14924. |
1... |
15493- |
15057. |
15055. |
15360. |
44.9
45.3
14922. |
II
8. .. |
15551. |
15151. I
15390. |
14990. | ’ 14928. 1
15089. |
45.3
45.2
II
15... |
15387. |
15486. |
15112. I
15061. |
45.2
15013. |
45.1
14962. |
II
15647. |
22...|
15097. |
45.5
15090. |
15242. |
15235. |
45.4
15792. 1
II
15134. 1
29...|
15546. |
15554. |
15060. |
45.3
15068. |
45.1
15142. |
11
15125. |
6... |
15565. |
15086. |
15526. |
15089. |
45.5
15128. |
45.3
II
13...|
15316. |
15227. |
14994. |
15657. |
45.4
15083. 1
15568. |
45.6
II
20...|
15830. |
15490.
|
15401. j
15314. |
45.8
15403. |
45.6
15919. 1
II
27...|
15378. |
15730. I
45.4
15729. |
15255. |
45.5
15379. |
15256. |
II
15744. |
3... |
15429. |
15256. |
45.6
15765. |
15450. |
15277. |
45.5
II
15541. |
10...|
15834. |
15327. |
45.6
15416. |
45.7
15709. |
15202. |
II
17...1
15929. |
15513. |
45.7
15750. |
15334. |
15169. |
45.6
15348. |
II
24...|
15763. |
15570. |
15297. |
15593.
|
15400.
|
15127.
|
45.4
45-5
If
15619. |
15892. |
45.7
15253. |
15668. |
15395. |
15029. |
31...|
45.3
11
7.. . 1
15907. |
15646. |
15680. |
15024. |
15251. |
45.7
15419. |
45.7
11
14...|
16060. 1
15761. |
15241. |
45.8
15894. |
15595. |
45.9
15075. |
Jl
15904. |
15825. |
45.8
21... |
15851. |
15385. |
15772. |
45.7
15332. |
11
15859. |
15634. |
28... |
15341. 1
45.7
15880.
|
15655.
|
15362.
|
45.5
11
5... |
16013. |
15813. |
45.8
16022. |
15411. |
45.8
15402. |
15822. |
II
16044. |
12...|
15896. |
15355. |
15925. |
15777. |
45.9
1523 6. |
45.9
II
19...|
16077. |
16151. |
15275. |
46.0
16122. 1
16048. |
1524 6. |
46.1
II
26. . . |
15903. |
15663. |
15374. |
45.7
15982.
J
15742.
|
45.7
15453.
|
II
2... |
16021. |
15832. |
15457. |
16112. |
45.8
15923. |
1554 8. |
45.8
II
9... |
16033. |
15897. I
15427. |
45.8
16049. |
15913. |
15443. |
46.1
II
15840. 1
16... I
16008. |
15995. |
15827. |
46.1
15396. I
45.8
15383. |
II
15975. |
15876. |
16021.
|
15414.
|
23... |
15368. |
45.7
46. 1
15922.
|
11
30...|
16536. |
16423. |
15339. |
16447. |
4 6 . 7
46.3
16560. |
15363. |
II
7 . . . |
15973. |
15913. |
15989. |
15273. |
45.7
16049. I
1 534 9. |
4 6 . 4
II
14...|
15925. |
15855. |
45.6
15215. |
16063. |
15993. |
15353. |
46.5
II
15974. |
16527. |
16048. |
15294. |
21... |
45.8
16453. |
47.0
15773. |
II
16024. |
15975. |
28...|
15330. |
45.7
16505. |
47.1
16456. |
15811. |
II

TABLE 6
AGGREGATE RESERVES 8 MONETARY BASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS

1961

JAM
JAM
JAM
JAM
FEB
FIB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
HAY
MAY
MAY
MAY
HAY
JUN
JON
JUM
JDM
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
CCT
NOV
NOV
NOV
NOV

NCV
DEC
DEC
DEC
DEC




I
I.
TOTAL
I
I RESERVES
1
1 _
4..
16506.
11.. . |
15868.
18... |
16106.
25. . . |
16392.
1... |
15961.
8...|
16014.
15...|
16063.
22,..|
16239.
1...I
16230.
8... |
15930.
15.. .J
16123.
22...f
16029.
29... |
16029.
5...|
16011.
16084.
12...|
19... |
16127.
26... |
16125.
3...|
15874.
10.. . |
15864.
17... |
16042.
24... |
16053.
31...|
16097.
7. • • |
16033.
14... 1
16057.
21...|
16123.
28...|
16073.
5...|
16063.
12...|
16180.
19...|
16100.
26...|
16110.
16249.
2...I
9... |
16282.
16... |
16354.
23... I
16324.
30...J
16361.
6... 1
16355.
16387.
13...|
20...|
16399.
27..- |
16462.
4...|
16485.
11... |
16452.
16717.
18...|
25... |
16667.
16615.
1...I
16554.
8... |
15...|
16677.
16714.
22...|
16801.
29...]
16627.
6...]
16596.
13...1
20...|
16665.
27- « . |
16576.

SEASONALLY ADJUSTED
|
MOM| BORROWED
1 RESERVES
1
|
16330.
I
15817.
|
16071.
16345.
|
|
15895.
|
15835.
|
15870.
|
16132.
|
16180.
|
15836.
|
16074.
|
15977.
|
15951.
|
15904.
|
16032.
|
16083.
|
16088.
|
15813.
15800.
|
15869.
|
15987.
]
16005.
]
|
15971.
|
15986.
16081.
|
|
15992.
16015.
|
|
16133.
16045.
|
16060.
|
16174.
|
16159.
|
|
16292.
|
16287.
16324.
I
16298.
|
|
16360.
16355.
|
16435.
|
16451.
|
16423.
|
1
16572.
|
16611.
16541.
|
|
16463.
|
16555.
|
16624.
16700.
|
|
16592.
16556.
|
|
16556.
16360.
|

1

| REQUIRED I MONETARY |
BASE
|
| RESERVES |
|
I
I
_l
I
—
1
|
46.2
|
15492. |
15296. |
45.6
|
|
45.9
|
|
15314. |
|
15388. |
46.1
|
45.8
|
]
15413. |
|
15446. I
45.7
|
|
15421. |
45.8
|
15514. |
46.0
|
|
46.0
j
|
15551. |
45.6
]
I
15503. |
45.8
|
15488. |
|
45.8
|
|
15525. |
45.8
|
|
15429. |
|
45.8
|
15476. |
45.8
|
|
15503. ]
15446. |
45.9
|
|
15394. |
|
45.9
1
15407. |
45.7
|
]
45.7
|
|
15386. |
45.9
|
]
15440. |
45.9
|
|
15488. |
|
45.9
|
15482. |
45.8
|
|
15462. 1
45.9
|
|
15428. |
46.0
|
|
15577. |
46.0
|
15446. 1
|
46.0
]
I
15516. |
46.1
|
|
15523. 1
|
46.0
|
15411. |
46.0
|
|
15460. ]
|
46.2
|
15772. |
46.2
|
15725. ]
|
15750. f
46.3
|
|
15727. 1
46.3
|
|
46.4
]
15767. |
|
46.4
|
15814. |
|
46.5
|
|
15798. |
46.5
|
|
15832. ]
46.6
|
|
15805. |
46.7
]
16001. |
|
46.6
|
|
15959. |
47.0
J
|
16143. ]
46.9
|
|
16119. ]
|
46.9
|
16072. |
46.8
|
|
16081. |
46.8
|
|
16089. |
47.0
|
16117. 1
|
47.1
]
16080. |
|
16082. |
46.9
|
1
46.9
|
16030. |
|
47.0
|
16087. |
|
47.0
|
|
16016. ]

NOT SEASONALLY ADJUSTED
TOTAL
|
NONRESERVES | BORROWED
I RESERVES
l_________
16975. |
16799.
16241.
16292. ]
16377. |
16342.
16555. |
16508.
16055. |
15989.
16037. ]
15858.
15954. ]
15761.
16138. |
16031.
16102. |
16052.
15674.
15768. |
15928. |
15879.
16023. ]
15971.
15814.
15892. |
15695.
15802. |
15824.
15876. 1
16100. |
16056.
16098. ]
16061.
15877. |
15816.
15764.
15828. |
15805.
15978. |
15978. |
15912.
15851.
15943. ]
15815.
15877. |
15847.
15918. I
16300. |
16258.
16074.
16155. |
16111. |
16063.
16140. |
16093.
16063.
16118. 1
16002.
16052. |
16197.
16272. |
16090.
16213. I
16208. ]
16146.
16174.
16211. |
16136.
16173. I
16125. I
16068.
16176.
16 203. |
16394.
16438. |
16489. |
16462.
16505.
16 539. |
16354.
16383. |
16578.
16723. |
16737. |
16681.
16597.
16671. |
16501.
16592. |
16668. |
16546.
16805. |
16715.
16863. |
16762.
16650.
16685. |
16627.
16667. |
16989.
17098. ]
16977.
17193. |

| REQUIRED | MONETARY
BASE
| RESERVES |
|
1
1
1
47.1
|
15961. |
46.4
|
15720. |
46.1
|
15585. |
46.0
|
15551. |
45.3
|
15507. 1
|
15469. ]
45.5
45.4
|
15312. I
45.5
15413. |
|
45.3
15423. |
|
I
45.3
15341. |
45.4
|
15293. |
15519. ]
45.5
|
|
15292. |
45.2
45.4
15267. |
|
|
45.5
15295. |
45.6
|
15419. 1
15367. |
45.4
|
45.3
]
15410. 1
45.5
15350. |
|
45.6
|
15376. |
45.5
15413. |
|
45.4
|
15328. |
]
15306. |
45.7
45.8
1
15289. |
46.1
15754. 1
|
|
45.8
15528. |
15564. |
46.1
|
46.4
|
15483. |
46.2
1
15429. |
46.0
|
15402. |
|
15795. |
46.1
46.4
15656. |
|
15604. |
46.3
]
|
46.3
15614. !
46.0
|
15579. |
15584. |
46.3
1
15614. J
46.5
1
46.6
|
15871. |
46.5
15832. |
1
46.6
|
16055. |
46.8
1
15890. 1
47.1
|
16149. |
46.9
]
16189. I
46.8
]
16128. |
47.1
|
16119. |
|
16080. |
47.2
47.5
|
16208. |
47.6
16142. J
|
47.5
|
16140. |
47.7
|
16101. |
48.2
]
16520. |
48.5
]
16633. ]

TABLE 6
AGGREGATE RESERVES 6 MONETARY BASE
ADJUSTED FOB CHANGES IN RESERVE REQUIREMENTS

1962

JAN
JAN
JAN
JAN
JAN
FEB
FIB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAT
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
CCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
EEC
EEC




SEASONALLY ADJUSTED
I
I
1
L
TOTAL
|
NON| REQUIRED | MONETARY |
I
BASE
I
1 RESERVES | BORROWED | RESERVES |
I RESERVES |
1
I
!
1
1
1
I
_ 13... J
17111. |
16770. J
16385. |
47.6
|
10...|
16039. |
47.1
J
16649. |
16585. |
17...|
16634. |
16565. |
16030. |
47.1
|
24...|
16016. |
47.2
1
16673. \
16717. |
16099. |
3 1...I
16630. |
16570. |
47.2
|
16560. |
7... |
47.1
|
16488. |
16103. |
16554. I
16484. I
14...|
47.1
|
16056. |
16606. i
16534. |
47.2
|
16073. |
21...|
16576. J
16520. 1
16056. |
28...|
47.2
|
7... |
16541. |
16451. |
16095. |
47.1
|
14...|
16031. |
47.2
|
16509. i
16^56. J
16450. |
16099. |
47.3
|
21...|
16583. |
16534.
|
47.4
|
28...|
16161. |
16620. 1
16644. 1
4... 1
47.5
J
16719. |
16202. |
47.4
|
16171. I
16555. |
11...|
16615. J
18... |
16637. |
47.5
|
16145. J
16562. i
47.7
|
25... |
16697. |
16782. |
16232. |
16285. |
2...|
16743. |
16680. |
47.6
I
16264. |
47.6
|
9... I
16723. |
16677. |
16274. J
47.6
J
16...|
16761. |
16697. |
16784. I
47.7
|
16737. |
23...|
16252. |
30...2
16261. |
47.8
|
16868. |
16783. J
16770. |
6...I
16313. J
47.8
|
16825. J
13...J
16673. |
16626. |
16280. |
47.6
1
20...|
16725. |
16601. |
16255. |
47.7
|
16236. |
27... |
16561. |
16729. |
47.7
1
4... |
16865. |
16745. |
16322. |
47.9
1
16814. |
16323. |
47.9
|
16869. |
11... |
47.9
|
18...)
16864. |
16701. |
16302. |
25...I
16881. |
16306. |
16822. |
47.9
|
16276. |
47.8
|
16640. |
16710. |
1... I
16207. |
47.8
|
8. • • |
16697. |
16541. |
15...|
48.0
|
16805. |
16675. |
16208. 1
16745. |
16359. |
48.1
|
22...|
16901. I
29...|
16916. |
16381. |
48.1
1
16843. I
16864. |
48.0
|
5...|
16443. [
16770. |
16419. |
16944. |
48.1
|
12...|
16867. |
48.0
J
19... |
16907. 1
16391. |
16882. |
48.1
|
16884. |
16380. I
26...J
16743. |
16390. |
3... |
16836. |
16773. |
48.0
|
10...I
17045. I
17001. |
16566. |
48.2
l
17...|
16546. |
48.3
|
17031. |
16960. |
24...I
17051. |
16995. |
16546. |
48.3
|
16518. |
16972. |
16893. |
48.2
|
31...1
7. . . |
17046., \
16888. I
16497. J
48.3
|
14...|
16997. I
16426. j
48.3
|
16853. I
17020. |
48.4
|
16506. |
21... |
17113. |
17074. J
16524. |
28... |
16979. |
48.5
|
16930. |
48.3
|
5... |
17022. |
16642. |
16971. |
48.4
1
16632. |
12...|
17078. J
48.6
I
19...J
17136. |
16973. |
16621. |
16615. |
48.6
|
26...|
17176. |
16869. |

NOT SEASONALLY ADJUSTED
TOTAL
J
NONRESERVES | BORROWED
RESERVES
1
1.
17266.
17607. |
17144. |
17080.
16863.
16932. |
16867. |
16823.
16656. |
16596.
16591. |
16519.
16437. |
16367.
16419.
16491. |
16404. I
16348.
16298.
16388. |
16269. J
16216.
16411.
16544. |
16436.
16522. 1
16465.
16540. 1
16389. 1
16329.
16553. 1
16478.
16727. |
16642.
16705. |
16642.
16689. |
16643.
16594.
16658. 1
16675. t
16628.
16663. |
16577.
16586.
16641. |
16434.
16481. |
16715.
16839. |
16861. t
16693.
17018. |
16898.
16876.
16931. 1
16728.
16891. |
16753.
16812. 1
16651. |
16581.
16637. |
16481.
16647. |
16517.
16810. |
16654.
16724. J
16651.
16548.
16642. |
16754. J
16677.
16931. |
16906.
16956. |
16815.
16931. |
16868.
17071. |
17027.
17047. |
16976.
17093. |
17037.
16890.
16969. |
17080. J
16922.
16959. |
16815.
17198. |
17105.
17143. |
17048.
16941.
17033. |
17040. |
16933.
17257.
17420. |
17749. |
17442.

| REQUIRED 1 MONETARY
f RESERVES |
BASE
|
1
1
1
|
16881. |
48.5
48.0
16534. |
|
47.4
|
1*6328. |
16166. |
47.1
|
16125* |
J
46.6
16134. |
|
46.8
46.7
15939. |
|
15958. |
46.7
|
15884. J
46.5
|
|
15942. |
46.8
15791. |
46.7
|
47.0
|
16060. |
|
16063. |
46.8
47.0
J
16023. |
15945. |
|
47.2
16061. |
47.2
|
16177. |
47.2
|
47.1
1624 7. |
t
16230. |
47.4
|
|
16171. 1
47.3
1
16143. |
47.3
16056. |
47.2
|
I
16129. |
47.5
|
16088. |
47.5
|
16369. |
47.8
16368. |
1
47.6
16475.
f
|
48.1
48.4
|
16385. |
16329. |
|
48.2
|
16237. |
47.9
16217. |
|
47.6
16147.
|
43.0
|
16050. |
|
47.9
16268. |
|
48.1
16189. 1
47.7
|
47.9
|
16221. |
48.1
|
16229. I
16415. J
48. 1
|
16452. |
1
47.9
16485. J
48.0
f
16592. |
48.5
I
16562. |
I
48.4
16588. J
|
48.3
16515. |
|
48.1
16531. |
|
48.6
48.7
16388. |
|
16591. |
49.0
J
16593. (
I
48.9
|
16653. |
48.9
16594. |
|
49.2
|
16905. |
49.6
17188. I
50. 1
|

TABLE 6 ,
AGGREGATE RESERVES 6 HONETARY BASE
ADJUSTED FOB CHANGES IN RESERVE REQUIRE!!ENTS
I
L
1
1
1

1963

JAN
JAN
JAN
JAN
JAN
FIB
FEB
FEB
FIB
NAB
NAB
NAB
NAR
APR
APR
APR
APB
NAY
NAY
HAY
HAY
HAY
JUN
JON
JUN
JUN
JUL
JD1
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
CCT
OCT
OCT
CCT
NO?
NOV
NCV
NOV

EEC
EEC
DEC
EEC




-J
2•. . |

9...|
16... |
23...!
30... 1
6. • • |

13...1
2 0 ...1

27...!
6 .. , |
13... |
2 0 ...|
27...!
3... J
1 0 ...|
17...J
24...|
1 ...I
8 ... I
15...J
2 2 ... |
29...|
5...!
12 ... I
19...J
26...|
3...!
TO...!
17. .. |
24...|
31. . . |
7...|
14...j
2 1 ... |
28... I
4. • • )
1 1 . . .|
18...|
25...!
2 ...)
9...|
16...|
23... |
30...!
6 ... !
13...|
2 0 ...!
27...|
4...|
1 1 ...!
18...|
25...|

SEASONALLY ADJUSTED

NOT SEASONALLY ADJUSTED

n
11

TOTAL
!
NON| REQUIRED | HONEIABY
RESERVES | BORROWED | RESERVES |
BASE
II
RESERVES |
It
I
17793.
17140.
17239.
17221.
17148.
17137.
17205.
17133.
17173.
17149.
17173.
17060.
17147.
17223.
17084.
17290.
17299.
17218.
17177.
17241.
17253.
17288.
17108.
17125.
17202.
17266.
17409.
17360.
17540.
17436.
17234.
17503.
17438.
17331.
17338.
17428.
17495.
17358.
17496.
17454.
17546.
17429.
17393.
17301.
17561.
17547.
17620.
17416.
17746.
17488.
17870.
17827.

|

|
|
|
|
|
|

|
|
!
|

J
I
!
|
!
i
|
|
|
I
|
|
1
|
|
!
|
|

1
|
|
|
|
|
|

(
|
|
|
J
|
|
f
(
|
!
i

|
|
|
|

17079.
17077.
17160.
17051.
17049.
16914.
17040.
16976.
17044.
17007,
17036.
17003.
16906.
17049.
16997.
17133.
17142.
17124.
17067.
17042.
16972.
17022.
16892.
16877.
16918.
17032.
17080b
17Q37.
17140.
17124.
17091.
17105.
17086.
17037.
17064.
17103.
17141.
17165.
17108.
17111,
17154.
17120.
17032,
17102.
17157.
17247.
17189.
17216.
17239.
17373.
17598.
17510.

"167587“(
16702. !
16718. |
16735. 1
16717. f
16680. |
16702. !
|
16708. J
J
16706. |
16753. !
J
|
16684. |
16690. |
»
16684. I
|
|
16769. |
|
16710. J
»
16757. |
I
16786. 1
|
16818. |
1
16816. |
|
16782. |
16800. !
|
|
16811. !
!
16768. |
1
16706. |
16704. |
1
|
16887. !
16977. !
|
16897. I
|
|
16945. I
16965. |
j
|
16937. I
|
17021. I
1
16965. |
|
16929. I
16930. I
|
|
16948. !
16994. |
!
17010. |
!
17036. |
|
|
17102. |
!
17111. J
17043. (
|
16964.
|
|
16953. |
1
!
17132. 1
|
17116. |
17114.
!
I
|
17081. !
17160. |
!
17298. |
|
17378. |
|
!
17353. !

|
!
|
|
!
|
|

49.3
48.7
48.8
48.8
48.8
48.8
48.9
48.9
49.0
49.0
49.0
49.0
49.1
49.3
49.1
49.5
49.4
49.4
49.4
49.5
49.5
49.6
49.5
49.5
49.6
49.7
49.9
49.9
50.1
50.0
49.8
50.2
50.2
50.1
50.1
50.2
50.3
50.2
50.4
50.4
50.5
50.4
50.4
50.4
50.6
50.7
50.8
50.6
51.1
50.8
51.3
51.2

II
II
II
II
It
II

II
II
II
II
II
II
II

li
ii

n
n
u
it
ii
it
ii
ii
ii

n
ii

n
ii
ii

n
ii

n
ii

n
ii
ii

n
ii

ii
ii

n
ii

n

ii

n

n

ii

it

n
ii

I!
II
II

TOTAL
|
NON| REQUIRED | HCNETARY
BASE
RESERVES | BORROWED | RESERVES t
I RESERVES |
I
1

18467.
17708.
17547.
17381.
17109.
17176.
17129.
17021.
16996.
17021.
16950.
17004.
17099.
17108.
16891.
17189.
17220.
17132,
17188.
17153.
17172.
17101.
16943.
16945.
17275.
17483.
17655.
17529.
17615.
17386.
17120.
17375.
17196.
17139.
17 052.
17174.
17290.
17345.
17621.
17587.
17611.
17427.
17392.
17218.
17586.
17499.
17669.
17460.
17741.
17406.
18043.
18320.

I
|
|
|
|

|
|

|
(
|
1
!
|

|
|
|
J
|
1
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|

I
!
|
1
I
|
|
|
J
!
|
|
|
|
|
!
|

1

17753.
17645.
17468.
17211.
17010.
16953.
16964.
16864.
16867.
16879.
16813.
16947.
16858.
16934.
16804.
17032.
17063.
17038.
17078.
16954.
16891.
16835.
16727.
16697.
16991.
17249.
17326.
17206.
17215.
17074.
16977.
16977.
16844.
16845.
16778.
16849.
16936.
17152.
17233.
17244.
17219.
17118.
17031.
17019.
17182.
17199.
17238.
17260.
17234.
17291.
17771.
18003.

|
|
|

|
|

|
|

1
)
|

|
|
|

|
|
|
|
|
I
|
|
|
|
|
|
1
|
1
|
|
|
|
|
|
|

|
|
|
(
|
|
|
|
|
|
|
|
|
|
1
|
!

17453,
17270.
17026.
16895.
16678.
16719.
16626.
16596.
16529.
16625.
16461.
16634,
16636.
1665 4.
16517.
16656.
16707.
16732.
16827.
16694.
16719.
16624.
16603.
16526.
16777.
17104.
17223.
17066.
17020.
16915.
16823.
16893.
16723.
16737.
16644.
16694.
16789.
16997.
17161.
17235.
17176.
17041.
16963.
16870.
17157.
17068.
17163.
17125.
17155.
17216.
17551.
17846.

I
|

I
|
|

|
f
|

|
|
f
i
I
|
|
1
|
|
(
!
|
1
|
I
|
|
|
|
!
|
|
|

|
|
|

|
1
|
|
|
|
(
!
|
|
|
1
|
|
|
1
|

50.4
49,7
49.1
48.8
48.2
48.5
48.6
48.4
48.3
48.5
48.6
48.7
48.6
48.7
48.9
49.2
48.9
48.7
49.2
49.2
49.2
48.9
49.2
49.4
49.6
49.7
50.2
50.6
50.4
50.0
49.6
50.2
50.1
50.0
49.7
50.0
50.4
50.3
50.3
50.3
50.8
50.6
50.5
50.1
50.8
51.1
51.2
51.1
51.7
51.6
52.2
52.6

TABLE 6
AGGREGATE RESERVES G HONETARY BASE
ADJUSTED FOR CHARGES IN RESERVE REQOIREHEHTS

196*1

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APB
APR
APR
APR
MAY
MAY
MAY
MAY
JON
JON
JON
JON
JOL
JOL
JOL
JOL
JOL
AOG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
SEP
CCT
OCT
CCT
OCT
NCV
NCV
NOV
NCV
DEC
DEC
EEC
DEC
DEC




NOT SEASONALLY ADJUSTED
SEASONALLY ADJUSTED
1
II
I!
!.
NON| REQUIRED l MONETARY
NON| REQUIRED | HONETARY IJ
TOTAL
|
TOTAL
J
1
BASE
BASE
1 RESERVES | BORROWED | RESERVES l
II RESERVES | BORROWED l RESERVES |
RESERVES l
I
1
1 RESERVES |
I
II
1
1
1
II
_
1- ________ I
18200. I
17964. |
52.7
18044. I
17486. |
17250. |
51.5
18758. I
1...I
II
17997. |
52.4
18465. |
18101. I
17413. J
17309. J
8. ... I
17777. |
51.2
II
17890. |
17651. |
51.8
18251. |
15...|
17515. |
17276. |
51.4
17876. |
II
17537. I
22...|
17662. |
51.2
17826. |
17608. |
17444. J
17319. |
51.2
II
17430.
|
17234.
I
50.6
17607.
|
17461. |
17265. |
29...|
51.2
17638. |
II
17257. |
50.8
17623. |
17381. 1
5...|
17365. |
17241. |
17607. |
51.2
II
17224. |
17189. |
51.0
17308. |
17273. |
17591. |
12__ J
17675. |
51.3
II
17167. |
50.9
17587. |
17296. |
17450. |
51.4
17321. |
19...|
17741. |
II
17261.
|
17108.
|
17461. |
50.6
26... J
17479. |
17679. |
17326. |
51.3
II
17244.
I
17116.
|
50.8
17606.
|
4...|
17755. |
17393. |
17265. |
51.5
II
51.0
T7364. |
,17091. |
17617. |
51.4
17405. I
17303. |
17152. |
11...|
ir
17617. |
17259. |
1*7242. |
51.2
18...|
17334. I
17317. J
51.5
17692. |
ii
51.4
17614. |
17385. |
25...|
17893. |
17877. |
17598. |
17369. |
51.8
n
17533.
|
17416.
|
51.2
17688.
|
17715. |
17560. |
17443. |
51.6
1...I
ii
51.6
8...|
17654. |
17535.
|
17321.
1
17743.
|
17862. |
17440. I
51.8
ii
17444. |
51.6
15...|
17815. |
17625. |
17516. |
17743. |
17553. I
51.8
ii
51.4
17757. J
17403. |
17281. I
17438. 1
17316. |
17722. |
22... |
51.8
ii
17120. J
17253. |
50.9
17388. |
17483. |
17348. |
29...1
17215. |
51.6
n
17373.
|
51.5
17341. |
6. .. |
17630. J
17419. |
51.8
17662.
|
17451
.
|
ii
17289. |
51.7
17388. |
17702. |
17383. |
52.0
13...|
17482. |
17796- J
ii
51.7
17700. |
17292. |
17500. |
17390. |
52.1
17402. |
20...I
17798. 1
ii
17524. |
17316. |
17193. |
51.4
27...|
17730. J
17522. |
17399. I
52.0
ii
17294. |
51.7
17513. |
17325. 1
3... |
17777. |
17589. |
17482. |
52.1
ii
17297. |
17257. |
52.0
10...|
17777. |
17488. I
17448. |
52.1
17586. |
17977. |
17650. J
17522. 1
17625. |
52.3
17...|
17952. |
17497. |
52.4
ii
17710. |
24...|
17829. |
52.3
18061. |
17813. |
17581. |
17462. |
52.2
ii
18170. |
17768. |
52.4
17890. |
17488. |
17949. |
17669. |
52.3
1...J
17830. I
53.0
17858. |
17854. |
17563. |
18121. |
8... |
17591. |
52.3
ii
17749. |
53.1
17861. |
15...|
18195. I
17735. |
17623. |
52.7
18321. |
it
52.5
17632. I
17513. |
17661. |
22...I
17820. |
17542. |
52.4
17791. |
ii
17711. |
17343. |
52.2
17527. I
17532. I
29...|
17716. |
52.5
17895. |
it
17564. |
52.6
17905. |
17645. |
17758. |
5... |
17677. |
52.6
18018. J
n
17489. |
17963. |
17587. |
52.9
18197. \
17821. f
17723. |
12...1
52.9
ii
17549.
|
52.8
17760. I
17940.
|
17662.
|
19...|
18151. |
17873. |
52.9
ti
17645. |
52.6
17974. J
17503. |
17934. |
17792. |
53.0
26...|
18263. |
17580. 1
17497. |
52.5
17881. |
17798. |
53.0
17895. I
18196. |
2...I
II
17540. |
53.2
17810. |
18037. 1
17829. |
53.1
77559• |
9... |
18307. |
53.1
17847.
|
17705.
|
17794.
|
18072. |
17936. |
53.0
16...1
18161. |
11
53.4
18129.
|
18057.
I
17950. |
18538.
1
17878. |
53.3
23...|
18359. |
II
18424. I
18146. I
1803 6. |
53.0
30...|
18291. |
18013. |
17903. |
53.2
II
18100. |
53.4
18533. |
18163. |
7... I
18452. (
18082. |
18019. |
53.6
11
17881. |
14...|
18115. |
17944. |
18052. |
53.5
18354. |
18291. I
53.3
11
17927.
|
17880.
|
53.4
18307.
|
17949. J
17902. |
53.4
18329. |
21-- 1
11
17785. |
\53.0
17898. |
18089. |
17859. |
17972. |
53.3
28...|
18202. |
M
18050. |
18015. |
4... 1
18013. |
18048. I
53.6
53.5
18491. |
18489. |
11
53.9
17885. J
17943. |
17990. |
18048. |
53.5
18312. |
18417. I
11...I
II
18011.
1
18071. |
18602.
|
18012.
|
54.2
18661. |
18070. |
18...1
53.8
11
18336. |
18177. I
18078. |
18141. |
53.9
18240. |
53.6
25... 1
18399. |
II
18241. |
54.4
18630. |
18255. |
18243. |
18229. |
53.8
2... |
18618. |
It
18291. 1
18123. |
18413. |
54.4
18351. |
18183. |
9...|
18473. |
53.6
11
18504.
|
18250.
I
54.6
18638.
I
16...|
18535. |
18401. |
18147. |
53.8
II
19035. |
18778. I
18638. |
55.2
18540. |
18283. |
18143. |
53.8
23... |
II
18625. |
55.4
18034. |
19187. J
18683. |
30...|
18596. J
18092. I
53.9
11

n

u

n

TABLE 6

AGGREGATE RESERVES 6 MONETARY BASE
ADJUSTED FOR CHARGES IN RESERVE REQUIREMENTS

1965

JAN
JAN
JAN
JAN
FIB
FIB
FEB
FEB
MAR
BAR
RAR
HAR
HAR
APR
APR
APR
APR
HAY
HAY
HAY
HAY
JUN
JUN
JUN
JUN
JON
JOL
JUL
JUL
JOL
AUG
AUG
AUG
AUG
SIP
SIP
SEP
SEP
SEP
OCT
CCT
OCT
CCT
NCV

NOV
NCV
NCV
DEC
EEC
DEC
EEC
DEC




SEASONALLY ADJUSTED
NOT SEASONALLY ADJUSTED
I
If
L
II
REQUIRED
|
TOTAL
|
MONETARY
NON|
TOTAL
|
BON| REQUIRED 1 HONETARY
I
II
BASE
BASE
I RESERVES | BORRONED | RESERVES |
II RESERVES I BORRONED 1 RESERVES |
I
1 RESERVES |
1
1
1 RESERVES |
li
I
1
___ 1 ... _ .... 1 ..
1
II .
_
I
6... 1
18534. |
18225. |
18187. |
53.9
19033. |
55.3
19342. |
18995. I
II
13. * • |
54.7
18636.
|
18648. |
18224. 1
18057. |
54.1
19060.
|
18469. |
H
20...|
18195. |
54.0
18472. |
18083. |
54.0
18405. |
18682. |
18293. |
II
27... |
18314. |
18399. |
18196. |
54.0
53.6
18058. |
18517. |
18176. |
II
54.1
53.7
3...|
18543. |
18265. |
18159. I
18647. |
18369. |
18263. |
II
18074.
1
10...|
18570. |
54.0
18098. |
54.2
18583. 1
18111. |
18087. |
II
17... |
18437. |
18084. I
54.1
18011. |
18115. J
53.6
18333. |
17980. |
II
24...|
18584. |
18064. |
18479. |
53.6
18045. |
54.2
17959. |
17940. |
II
3... I
18464. |
18194. 1
18244. |
53.5
54.2
18399. |
18129. J
18179. |
II
10...|
53.9
18347. |
18568. |
18183. |
18200. |
54.2
17962. |
17979. |
II
18064.
|
17... |
18564. |
18194. |
18434.
I
53.9
18236. |
54.2
18106. |
II
18751. J
18288. |
18290. |
24...|
18180. |
54.4
18643. |
18182. |
54.1
II
53.8
18637. |
18150. |
54.4
18123. |
18610. |
18269. |
31... |
18242. |
II
7... I
18860. 1
18290. |
54.6
18731. |
18161. |
54.3
18485. |
18356. |
14...I
18758. |
18137. |
18361. I
18480. |
54.6
18 534. |
18256. |
54.2
II
18364. |
54.5
21...|
18975. 1
18403. J
18501. |
54.9
18936. |
18462. |
II
18379. |
53.8
2 8 . |
18483. |
54.6
18628.
|
18283.
|
18387.
|
18724. t
If
54.3
18274. \
18459. |
5... |
54.6
18937. |
18418. |
18603. |
18752. |
18644. |
18197. |
54.4
18146. |
18295. I
54.5
18695. |
12...|
18346. |
II
18177. |
54.3
18308. |
18677. |
19...|
18651. |
18151. |
54.6
18334. r
II
18204.
|
26. . . |
18687. |
18377. |
54.6
54.1
18605. I
18122. |
18295. I
II
54.4
18245. |
2... |
18132. |
18763. |
18432. |
54.8
18650'. |
18319. |
II
54.7
9.. . |
18734. |
18260. |
18432. 1
54.8
18603. |
18129. |
18301. |
II
54.9
16...|
18607. |
55.1
18861. 1
18250. )
18459. |
19009. |
18398. |
II
23...|
18864. I
18449. |
55.0
18635. |
18281. |
19218. |
18803. 1
55.2
II
18727.
|
54.9
30...J
18744. |
18406.
|
19065.
|
18579.
|
18258. |
54.9
II
7... |
18724. |
55.9
18331. |
55.1
19306. I
1895$. f
18913. |
18565. I
II
55.9
18655. |
14...|
18627. |
55.4
19275. |
19159. I
18539. |
18743. |
II
18406. |
18637. |
55.1
18845. |
18420. |
18651. |
55.3
21 . . . f
18831. |
II
18607. |
18801. !
55.0
18450. J
18322. I
28...1
55.3
18479. |
18929. |
II
18431.
|
55.3
4... 1
18497. |
55.4
18975.
|
18589.
|
19041. |
18655. |
II
18204. |
18397. |
55.5
55.5 It
18820. |
18635. |
11...I
19058. 1
18442.. |
55.4
55.5 II
18404. 1
19025. |
18534. |
18696. |
18733. |
18242. |
18...|
18204. |
18338. |
55.2
55.5 II
18749. |
2 5...|
18980. |
18435. |
18569. |
55.1
55.7
18365. |
1...I
18656. |
18798. |
18261. |
19089. |
18552. |
II
18164. |
18275. |
55.6
18658. |
55.7
18647. |
8. .. |
19030. |
18547. |
II
18344. |
55.6
18451. |
55.7
18811. |
18253. I
15...|
19009. |
18542. |
II
56.0
18834. |
18642. |
18671. |
55.8
19269. |
19106. |
18479. |
22...|
II
55.7
18528. |
18724. |
19024. |
18667. |
55.9
19081. |
29...f
18471. |
19214.
|
18678.
|
18771.
|
56.2
6 .. . |
19209. |
18766. |
56.1
18673. |
II
18398. |
56.1
56.1
18761. |
18893. I
18593. |
18566. 1
13...|
19061. |
56.6
19046. 1
56.6
19414. |
18823. |
18921. |
20...|
19539. 1
18948. |
II
56.0
27-- |
18997. |
56.1
18659. |
18800. |
18935. J
18597. |
18738. |
II
19257. |
18771. |
56.3
18701. |
18806. |
56.3
19187. |
3 ... r
18876. |
II
18748.
|
18653.
|
56.6
56.2
19082. |
18673. |
10.. . |
18768. |
19102. i
II
1 7 ... J
18846. J
19044. |
18555. |
18728. |
56.7
56.3
19162. |
18673. |
II
18784. |
18687. |
56.6
18923. |
18562. |
2 4 ... I
56.2
19020. |
18659. |
II
18800. |
57.1
19334. |
18909. |
19448. |
18914. |
19023. |
56.7
1... |
II
18984. |
57.6
19462. |
19001. |
19054. |
19071. |
56.9
3...I
19532. |
II
19587. |
19101. |
57.8
19022. |
18971. |
56.9
15...|
19536. |
19050. |
II
19624. 1
56.7
19608. |
58.2
19307. |
19089. I
19073. |
19842. |
2 2 . . . |
II
19566. |
58.5
19649. I
18946. |
19029. |
56.9
20112. I
19492. |
29...|
II

TABLE 6
AGGREGATE RESERVES 8 MONETARY EASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS

1966

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FIB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
AFR
MAY
MAY
MAY
MAY
JUN
JON
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
CCT
OCT
CCT
NCV
NOV
NCV
NOV
NCV
DEC
DEC
DEC
DEC




I
I.
TOTAL
»
I RESERVES
I
1
5___j
19383.
12...|
19743.
19...J
19239.
26.. . |
19407.
19504.
2...1
9...|
19419,
16...|
19398.
23...|
19405.
2... |
19369.
9... |
19401.
16...|
19417.
23... |
19431.
30... |
19370.
19540.
6... |
13...|
19515.
20...|
19443.
19664.
27...J
4... I
19644.
11... |
19669.
18...I
19599.
25... |
19548.
1... I
19679.
8... |
19470.
15...1
19587.
22... |
19602.
29... |
19760.
6... J
19806.
20158.
13...|
20...J
19638.
27...!
19755.
3... |
19718.
10...|
19743.
17...!
19553.
24...|
19468.
19625.
31...|
19711.
7. . . |
14...|
19868.
19866.
21...I
19333.
28...|
5...J
19712.
12...!
19724.
19...|
19632.
26...|
19432.
2--- 1
19550.
19627.
9... |
19729.
16...!
23...!
19286.
3 0...|
19588.
7. . • |
19437.
14...|
19760.
19480.
21... !
28...t
19691.

SEASONALLY ADJUSTED
|
NCN| REQUIRED
| BORROWED | RESERVES
1 RESERVES |
1
|
19064.
18821. |
19153. f
I
19055.
19021. |
19031.
J
|
19055. |
19102.
|
19086. |
19156.
18916. |
J
19075.
!
18945. |
19061.
|
18885. |
19007.
18905. 1
|
19076.
18787. I
19041.
1
|
18881. J
19054.
18829.
|
19060.
|
|
18862. !
19082.
|
18917. !
19207.
|
18912. |
19155.
19070.
!
18758. !
|
19022. |
19284.
!
19027. )
19358.
18989. |
|
19329.
18936. |
19280.
I
!
18895. !
19234.
18867. |
|
19243.
|
18923. !
19263.
|
18799. J
19122.
|
18911. |
19320.
|
18989. |
19301.
!
18979. |
19456.
|
19340. !
19434.
|
19007. |
19467.
!
19075. !
19479.
18940. |
|
19365.
!
18961. I
19282.
*
18823. I
19276.
19094.
|
18749. |
18934. 1
|
19261.
!
19374.
18962. |
I
18980. |
19364.
|
19095. |
19274.
!
18683. |
19266.
18884. I
|
19398.
I
18796. !
19311.
19143.
!
18842. !
18914. |
!
19285.
|
18956. |
19271.
18981. |
|
19249.
1
19018. |
19182.
!
18847. |
19102.
1
18952. |
19128.
|
18988. J
19256.
|
19250.
19113. |
|
19008. |
19276I
19143. |
19254.

I
_
I
| MONETARY |
(
BASE
|
I
I
J
|
56.9
|
57.4
|
!
!
57.0
J
|
57.2
|
57.3
|
|
I
57.3
J
57.3
!
|
57.3
J
|
|
57.3
|
|
57.4
|
57.4
|
|
!
57.5
|
!
57.5
|
57.7
|
1
J
57.8
J
1
57.7
|
|
58.0
J
58.0
|
|
58.0
|
1
|
58.0
|
!
57.9
1
|
58.2
|
58.0
]
|
|
58.1
|
|
58.2
J
58.4
1
!
58.4
J
|
!
58.8
1
|
58.4
|
58.5
|
|
|
58.6
I
58.6
I
I
58.4
|
!
58.4
1
|
|
58.6
|
|
58.7
|
1
58.9
l
(
59.0
1
58.5
J
|
|
58.8
1
|
58.9
J
I
58.8
(
I
58.6
J
I
58.7
|
58.8
J
|
59.0
1
!
58.5
J
|
|
58.9
1
58.8
|
!
{
59.2
|
58.9
i
|
!
59.2
1

NOT SEASONALLY ADJUSTED
TOTAL
|
NON| REQUIRED
RESERVES | BORROWED | RESERVES
1 RESERVES 1
1
___
19696. |
20258. |
19939.
20273. {
19683. !
1S585.
19544. I
19326. |
19336.
19542. |
19190. {
19237.
19205. (
19275.
19623. 1
19091.
19435. 1
18932. |
19286. |
18833. |
18949.
18732. |
18854.
19252. t
19247. t
18783. |
18954.
18580. |
19194. |
18834.
18724. |
19260. |
18897.
19501. |
18899. |
191301
18790. |
19010.
19298. |
18840. |
19130.
19463. I
19504. I
18901. |
19144.
19017. |
19329.
19702. !
19050.
|
19312.
19692. 1
19784. |
19167. |
19498.
18987. |
19667. J
19327.
18898. |
19561. |
19242.
19356. J
19042.
18703. !
18670. !
19046.
19482. |
19310. |
18763. )
19103.
18666. |
19454. I
18989.
19078. J
19487.
19769. |
19210. I
19981. |
19522.
19346. I
20173. I
19823.
19471. 1
20289. !
19565.
19005. |
19465.
1963 6. |
19598. |
18918. |
19322.
19644. (
18866. !
19291.
18780. |
19101.
19562. I
18569. |
19299. }
19022.
18460. !
19179. |
18805.
19340. |
18649. i
18976.
13604.
!
19016.
19353. |
19551. |
19047.
18663. |
19953. |
19182. |
19361.
18696. !
19346. |
19279.
18975. |
19803. |
19489.
18667. |
19595. 1
19182.
19571. |
18781. (
19082.
18970. |
19488. |
19341.
19604. 1
19010. |
19325.
19597. |
18951. |
19219.
19622. |
19075.
18911. |
19201. J
18762. |
19017.
19500. J
18864. |
19040.
19429. |
18980. !
19248.
19757. |
19110. |
19247.
20043. |
19571. |
19839.
20303. 1
19755. |
19866.

| MONETARY
|
BASE
I
1
|
58.3
|
58.3
|
57.2
|
56.9
|
56.8
|
57.1
|
56.8
|
56.7
56.6
|
|
57.0
57.0
|
|
57.2
|
56.8
!
57.3
|
57.7
|
57.6
57.4
|
|
57.6
57.9
|
57.7
|
I
57.3
57.6
j
57.9
!
58.0
|
|
58.3
58.2
|
!
59.1
59.4
|
|
58.6
58.3
|
58.4
!
|
58.8
58.4
|
!
58.2
58.0
J
|
58.6
|
58.8
59.0
|
!
58.1
|
58.8
59.0
|
|
58.8
)
58.5
|
58.6
|
59-2
I
59.4
|
59.0
I
59.3
59.5
J
1
60.1
60.4
|
!
60.9

TABLE 6
AGGREGATE RESERVES 8 HOWETARY BASE
ADJUSTED FOR CHARGES 1R RESERVE REQOXREHEHTS

1967

JAR
JAR
JAR
JAR
IEB
FEB
FEB
FIB
HAR
BAR
HAR
HAR
HAR
AIR
APR
APR
APR
HAT
HAT
HAT
HAT
HAT
JUN
JON
JON
JON
JOL
JOL
JOL
JOL
ADG
AOG
ADG
ADG
ADG
SEP
SIP
SEP
SEP
OCT
OCT
CCT
CCT
RCV
NCV
NCV

NO?
RCV
EEC
DEC
EEC
EEC




1
1.
TOTAL
1
1 RESERVES
1
l_
4...J
19785.
11...|
20045.
18...1
19487.
25...1
19924.
1... |
19897.
8.. • |
19827.
15...|
19942.
22 . . . [
20149.
1...I
19723.
8... |
19928.
15...|
20041.
22...1
20482.
29...|
20236.
5...|
20470.
12...|
20206.
19... |
20429.
26...|
20167.
3... |
20399.
10...|
20207.
17...|
20352.
24...|
20245.
31... |
20342.
7.. . |
20413.
14...|
20324.
21...|
20432.
28...|
20443.
5... |
20721.
12...|
21004.
20664.
19...|
26...|
20874.
2. • • 1
20838.
9. .. 1
21001.
16...|
20818.
23---1
20929.
30...|
20658.
21000.
6. •• |
13...|
21234.
20...|
21149.
27...|
20958.
4... |
21293.
21245.
11...|
18...|
21956.
25...1
21258.
21411.
1...I
8... I
21511.
15...|
21638.
22.. . |
21522.
29...|
21529.
21564.
6.. . |
13...|
21569.
20...|
21466.
27...|
21620.

SEASONALLT ADJUSTED
|
HOH|
| BORROWED |
RESERVES
I
t
I
|
19220. |
|
19460. |
|
1927C. |
|
19386. |
|
19721. |
|
19474. J
|
19486. |
|
19672. I
19556. |
|
|
19726. |
|
19868. |
20180. |
|
|
20101. 1
|
20290. |
|
20061. |
20251. |
|
|
20069. |
20265. J
|
20144. 1
|
|
20229. f
|
20195. |
20240. |
|
|
20336. |
|
20281. |
20341. |
|
I
20302. |
20368. |
|
|
20935. |
|
20613. )
20820. |
|
|
20722. |
|
20910. |
20689.
|
|
I
20882. |
|
20612. |
|
20981. |
|
21164. |
21043. [
|
20884. |
1
\
21149. 1
i
21100. |
21740. |
|
21200. |
|
|
21331. |
|
21379. |
21476. |
|
21395. |
I
21410. |
|
21477. I
|
21448. I
|
|
21281. |
21275. |
|

I
1
TOTAL
REQUIRED | HORETART |
BASE
| RESERVES
RESERVES |
I
J
1 ..... ...
1
59.4
|
19390. I
20723.
19418. |
59.7
|
20605.
59.2
|
19803.
19362. |
20131.
19408. |
59.7
|
19557. 1
59.7
|
20029.
19538. |
59.7
|
19967.
19524. |
59.9
1
19872.
19566. |
60.1
|
19965.
19564. |
59.7
|
19571.
60.0
|
19569. |
19757.
19837.
60.1
|
19669. |
60.6
J
19915. |
20588.
60.4
|
2024 7.
19851. |
60.5
|
20023. |
20308.
19980. |
60.3
|
20081.
60.6
|
19951. |
20478.
60.4
|
20278.
19921. 1
19994. |
60.7
|
20505.
20312.
19878. |
60.5
|
60.7
|
20298.
19948. |
60.6
J
19918. |
20021.
60.7
I
20007.
19961. |
60.9
J
20082. |
20103.
60.8
1
20137.
19969. J
20171. |
60.9
\
20608.
61.0
|
20437.
20012. I
20734.
20259. J
61.2
|
20361. |
61.5
l
20916.
20708.
20428. |
61.2
|
61.5
|
20848.
20442. |
20543. |
61.5
|
20789.
20630. |
61.7
|
20786.
20436. |
61.5
J
20615.
61.7
J
20456. I
20634.
61.5
|
2034 7.
20398. |
20728. |
61.9
|
20748.
20854.
62.2
|
20848. |
20741. |
62.1
|
21099.
20747. |
62.0
1
20983.
62.4
|
20880. |
21383.
62.4
I
21150.
20996. |
63.1
|
21395. |
21739.
62.4
|
21068. |
21273.
62.6
|
21421.
21120. I
21468.
21181. |
62.7
|
21444.
21120. |
62.8
|
62.7
|
2133921301. !
21390.
62.8
|
21145. |
21537.
21276. |
62.9
|
21428.
21236. |
63.1
|
63.0
|
21850.
21199. |
22295.
63.2
|
21178. J

ROT SEASONALLY ADJUSTED
NOR| REQUIRED
|
| BORROWED 1 RESERVES
RESERVES
|
1
1
1 ........
1
20158. |
20328.
|
19978.
20020. |
|
19586. |
19678.
»
19615.
19593. 1
19853. |
19689.
I
19614. |
19678.
|
19454.
|
19416. |
19382.
|
19488.' |
19404. |
1
19412.
19555. J
19398.
|
19664. 1
|
19465.
I
20286. |
20021.
|
20112. |
19862.
20128. |
19861.
I
19936. |
19855.
|
20300. t
20000.
|
20180. |
20032.
|
20371.
|
20100.
J
20249. |
19983.
|
20174. |
19893.
|
19971. |
19694.
|
|
19905. |
19626.
1$772.
|
20026. |
20094. J
19782.
|
20347.
20517. |
|
20296. |
20006.
|
|
20381. 1
20272.
20847. |
1
20273.
20657. |
1
20472.
20794. |
20416.
|
20494.
20673. |
|
20415.
|
20695. |
20486. |
20233.
|
20587. |
20161.
|
20087.
20301. |
|
20416.
i
20669. |
20784. |
20468.
|
20993. I
20691.
|
20909. |
|
20772.
20970.
21239. |
|
21005. |
20901.
|
21523. |
21178.
|
21083.
|
21215. |
21341. |
21130.
|
21336. 1
21138.
|
|
21282. I
20926.
21118.
21212. |
|
|
21271. |
21006.
21450. |
21249.
1
|
21307. |
21095.
21665. |
21583.
|
21950. |
21853.
|

| MONETARY
BASB
|
1
1
|
60.9
|
60.8
59.5
|
59.5
|
|
59.1
|
59.5
|
59.5
59.4
|
58.9
|
J
59.5
59.6
|
60.4
f
59.8
|
60.0
|
60.1
|
60.3
|
59.9
|
60.2
J
60.5
I
60.4
|
60.0
|
60.0
|
|
60.5
60.7
|
|
61.1
60.7
|
61.5
|
62.0
|
61.5
|
61.4
|
|
61.3
61.3
|
|
61.6
61.5
|
61.0
|
61.8
|
62.0
|
|
62.1
61.7
I
|
62.2
62.5
\
63.1
|
62.4
|
62.3
|
63.0
|
63.1
|
|
63.1
63.2
|
I
63.6
|
63.8
64.3
I
f
65.2

TABLE 6
AGGREGATE RESERVES & MONETARY BASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS

1968

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FE3
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
OCT
CCT
NCV
NCV
NCV
NCV
EEC
EEC
EEC
DEC




SEASONALLY ADJUSTED
!
1
I
1
urn.
i REQUIRED | MONETARY |
TOTAL
|
I
BASE
|
I RESERVES | BORROWED | RESERVES |
1
I RESERVES |
1
1
_
I
___
I
1
J
3... 1
21980. 1
21485. |
21327. J
63.7
|
10...|
21791. |
21611. |
21227. |
63.5
|
21444. |
17...1
21220. |
21287. |
63.3
|
24...|
21773. |
21540. |
21397. |
63.7
J
63.6
|
21672. |
21431. |
21336. |
31...|
7...|
21784. J
63.7
|
21543. |
21409. |
14...|
21732. |
21348. |
21244. |
63.8
J
21234. |
63.7
|
21... |
21613. |
21208. |
21802. |
21360. |
28---1
21489. |
63-9
|
64.1
|
6. •• |
21934. |
21434. |
21618. |
13...|
21150. i
21929. |
21471- |
64.2
|
20...|
21096. |
21415. |
64.1
l
21829. |
21530. I
27...I
21369. |
63.9
|
20948. |
21684. |
64.1
|
20988. |
21353. |
3... I
10...)
21004.
|
21650. |
21244. |
64.1
i
17...|
21444. |
21971. |
21208. |
64.7
|
24...|
64.1
|
21453. I
20802. i
21327. J
21604. |
1... |
20930. |
21328. |
64.3
|
8-- |
21745. I
21364. I
64.5
|
20922. |
15...|
20967.
|
64.5
1
21679. I
21279. |
21707. |
21038. |
22 . . . [
21385. |
64.6
|
21818. |
21054. |
21427. |
64.8
1
29 . . . \
5... |
21735. |
20976. |
21527. |
64.8
I
21153. |
12...|
21831. |
21521• l
64.9
|
21716. |
21450. |
64.8
j
19..-|
21052. |
22214. |
21407. |
65-4
|
26... |
21636. f
21727. |
3... |
21909. |
21416. 1
65.2
|
10... |
22100. J
21688. |
21667. |
65.3
|
17...|
22214. |
21744. |
21940. |
65.5
|
21990. |
65.7
|
24...|
22400. |
21761. |
31...|
22405. |
21803. |
22047. 1
65.9
|
7...|
65.8
|
22310. |
21968. |
21573. |
21667. 1
14.. . |
65.9
1
22243. |
21929. |
21974. |
22593. I
22079. |
66.3
|
21... |
22270. |
21896. |
66.1
|
28... |
22091. |
4... |
22044. |
22299. 1
21845. 1
66.2
|
22554. |
21920. |
21998. |
66.5
l
11...|
66.4
|
22038. |
18...|
22412. |
22008. |
22216.
|
25...|
22019. J
21742. |
66.2
|
2...|
22492. |
21951. |
22107. I
66.5
|
9... |
22452. |
22049. |
22227. I
66.5
|
22786. |
22270. |
16...|
22413. |
66.9
|
22076. |
22414. |
66.6
|
23... |
22413. |
30... I
22786. !
22434. |
67.0
|
22291., |
6-- 1
22467. |
22075. |
22275. |
66.8
\
67.4
|
22386. I
22524. |
13...|
23061. |
20...|
22349. |
22633. |
67.3
|
22862. |
27__ |
22765. |
22580. |
22182. |
67.2
|
4...I
22973. |
22494. |
22442. |
67.6
I
11... I
22630. |
22196. |
22578. |
67.2
|
18.•• |
23007. |
22432. |
22639. |
67.8
|
25... |
23145. |
22286. |
22725. 1
67.9
|

NOT SEASONALLY AEJUSTED
NONTOTAL
I
RESERVES | BORROWED
1 RESERVES
1
22985. 1
22490.
22506. |
22326.
21618.
21842. I
22012. |
21779.
21794. |
21553.
21771.
22012. |
21314.
21698. |
21467. |
21062.
21320.
21762. |
21900. |
21400.
21710. |
20931.
21810. J
21077.
20896.
21478. 1
20925.
21621. |
21608. |
20962.
21420.
22183. |
21626. I
20975,
20987.
21661. 1
21830. |
21007.
20851.
21563. |
21552. I
2 0883.
20751.
21515. |
21495. |
20736.
21570. |
20892.
21730. |
21066.
22304. I
21497.
21924. J
21431.
21540.
21952. |
21614.
22084. |
22317. |
21678.
22246. I
21644.
21541.
22278. |
21989. I
21413.
22305. |
21686.
21885. |
21511.
21973. |
21519.
22284. |
21650.
22071. |
21667.
21944. |
21470.
22424. |
21883.
22491. I
22088.
22404.
22920. |
22438. |
22101.
22701. 1
22206.
22368. |
21976.
23027. |
22352.
22374.
22887. |
22571. |
21988.
22841. |
22310.
22005.
22 43 9. r
22444.
23019. |
23149. |
22290.

| REQUIRED | MONETARY
| RESERVES |
BASE
|
I
1
I
|
22332. |
65.3
|
21942. !
64.8
63.7
|
21685. I
|
21636. I
63.6
|
63.0
21458. |
|
21637. I
63.6
63.4
|
21210. |
|
21088. |
63.0
|
21449. I
63.1
63.6
I
21584. |
63.7
|
21252. I
63.8
|
21396. |
I
2 f317. |
63.2
|
63.6
21290. 1
64.1
|
21202. |
64.7
21656. |
|
63.7
|
21500. |
|
21335. |
63.6
64.4
|
21449. |
64.2
|
21163. |
21230. |
64.2
|
|
21124. |
63.9
21287. |
64.4
|
21260. |
64.9
1
21464. |
|
64.9
|
21726. |
65.2
|
21742. |
65.2
|
66.0
21519. |
|
21810. |
65.8
|
2190 7. |
65.8
|
21888. I
65.5
66.0
\
21936. I
21675. |
65.9
|
1
21791. |
66.2
65.5
21706. |
|
|
21718. |
65.9
66.5
I
21728. |
21697. |
66.0
|
|
21747. J
65.6
I
22039. |
66.1
|
22266. |
66.8
|
2254 7. |
67.2
|
22439. |
66.6
22349. 1
66.5
|
22176. |
66.9
|
22490. |
67.9
|
|
67.7
2265 8. |
|
22386. |
67.5
|
22362. |
68.2
I
22387. |
68.1
|
22651. |
68.7
I
69.1
22729. |

TABLE 6
AGGREGATE RESERVES 6 WO MET ART BASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS

1969

JAM
JAB
JAM
JAB
JAN
FIB
FIB
FIB
FEB
BAR
BAB
BAB
MAR
AFR
AER
APR
AEB
AFR
BAT
HAT
HAT
MAT
JUH
JON
JUH
JOB
JUL
JUI
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SIP
SEP
SEP
CCT
CCT
CCT
CCT
CCT
NCV
NCV
NCV
NOV
EEC
DEC
EEC
DEC
DEC




I
1.
TOTAL
I
J RESERVES
I
- 1
—
23803.
1...J
8...I
23116.
15...|
23242.
22...|
23110.
29...|
22885.
5...|
23005.
12...1
23034.
19...|
23215.
26..• |
22984.
5. .. I
22987.
22924.
12...I
22725.
19___|
26...1
22785.
22800.
2...1
9...|
22717.
16.. . |
12618.
23...|
22810.
30...|
22716.
7...J
2316923000.
14...t
22789.
21...|
22928.
28-.. |
4... |
22986.
23017.
11...J
18...|
22638.
25... I
22662.
22907.
2... |
22490.
9... I
16... J
22559.
23...J
22619.
30... |
22149.
6... |
22509.
13...|
22561.
20..•|
22507.
27. . • J
22541.
22635.
3... I
10...J
22695.
22495.
17... |
24... |
22579.
1...I
22769.
8. .. |
22489.
15...|
22627.
22477.
22...|
29...|
22215.
5. . . f
22638.
12... |
22721.
19...|
22755.
22695.
26... |
3... |
22798.
22910.
10...|
22880.
17...|
24...I
22805.
23142.
31... |

SEASONALLT ADJUSTED
|
NOB| BORROBED
RESERVES
1
1.
|
22483.
]
22618.
|
22555.
|
22328.
21994.
|
|
22261.
|
22235.
|
22171.
[
22227.
|
22253.
|
22049.
|
21949.
|
21821.
|
2160 5.
|
21770.
|
21859.
|
21675.
|
21598.
21566.
|
|
21829.
|
21431.
|
21626.
21465.
|
I
21757.
21323.
|
21339.
1
1
21273.
|
21470.
|
21280.
21265.
I
|
20880.
21419.
|
|
21232.
|
21286.
|
21337.
I
21395.
21955.
I
|
21477.
|
21473.
21333.
|
|
21522.
I
21280.
|
21462.
t
21036.
21310.
|
21477.
|
|
21684.
|
21485.
21607.
1
|
21710.
J
21836.
1
21709.
|
22038.

| REQUIRED |
| RESERVES |
|
1
1
1
1
22902. I
22914. |
|
|
23010. I
|
22837. |
|
22697. I
|
22770. |
|
22813. I
|
22852. 1
I
22780. |
f
22780. I
22676. |
|
|
22640. |
22517. J
|
|
22491. |
I
22492. 1
22474. J
|
|
22638. 1
I
22631. |
|
22686. J
1
22739. |
J
22673. |
|
22815. ]
|
22617. |
I
22569. |
|
22539. |
|
22471. |
22411. |
|
|
22377- |
|
22383. |
|
22237. |
|
22003. |
|
22258. |
f
22228. |
|
22448. 1
|
22329. |
|
22233. |
|
22304. |
J
22363. 1
|
22375. |
|
22449. J
|
22350. |
|
22409. !
1
22321. I
22135. |
|
|
22342. |
|
22350. I
J
22609. 1
1
22557. |
|
22595. |
|
22619. J
I
22783. |
22541. |
|
22614. |
|

m ¥ S EASON ALL T ADJUST ED
1!
Ui
BO BETAS T J
TOTAL
|
MOI| REQUIRED | MONETART
BASE
J RESERVES | BORROWED | RESERVES )
BASE
RESERVES
1
1
I
I
1
_
_l
1
1
68.6
|
24161. I
22841. |
23260. |
69.6
68.0
|
23728. \
23230. |
69.2
23526. 1
23564. J
24 251. J
68.2
|
24019. |
69.2
68.1
J
68.8
24073. |
23291. |
23800. I
67.7
67.9
]
23402. |
22511. 1
23214. |
68.1
J
23295. |
22551. \
23060. I
67.9
68.2
|
22344. |
68.0
23143. 1
22922. {
68.5
|
23445. |
22401.' |
23082. I
68.2
68.2
|
23004. |
22247. |
22800. |
67.4
22174. |
67.7
68.3
|
22701. I
22908. |
68.3
1
22731. J
21856. |
22483. |
67.8
68.2
|
22657. |
21881. |
67.7
22572. |
67.4
68.2
I
22610. |
21646. |
22342. I
67.7
68.3
{
21524. |
22410. |
22719. |
22584. |
21637. |
68.3
|
22359. |
68.2
68.1
|
22586. |
21827. \
67.8
22442. |
21713. |
22676. |
67.9
68.3
|
22848. 1
22810. )
67.7
68.3
|
22895. \
21777. |
68.8
68.8
|
23420. |
21817. |
22937. |
68.7
|
22787. |
68.5
21877. |
23048. |
22994. |
68.4
68.6
|
21636. |
22878. |
68.8
J
22958. J
21655. I
22845. J
68.3
22 934. 1
69.0
|
69-0
21413. |
2256 5. J
22785. 1
22337. |
69.0
69.0
1
21525. |
68.7
|
22387. |
22288. j
68.5
21072. |
68.8
|
22346. |
21023. |
22155. |
68.2
22838. |
69.0
69.1
|
21204. |
22342. |
68.6
|
69.6
21482.
I
22389.
|
22502. |
68.7
|
22594. 1
21315. |
22418. 1
69.2
22157. |
21185. |
69.0
68.8
|
22539. |
20760. |
21883. |
68.2
68.5
|
22029. 1
22414. J
21324. |
22163. J
69.1
69.0
|
69.1
|
22028. I
22361. J
69.2
21032. |
22474. |
22415. \
69.2
69.1
|
21253. \
22084. |
68.8
69.2
|
22296. |
21092. |
22364. |
21124. |
69.5
|
21962. f
69.2
69.3
|
22354. |
21614. |
21963. |
69.3
21185. J
22071. |
68.9
69.2
i
22203. \
22107. |
68.8
69.3
|
22311. |
21205. I
69.6
I
21280. i
22396. |
69.1
22716. |
21514. |
22342. J
69.6
69.4
|
22481. I
69.7
|
21334. f
22463. |
69.9
22681. I
22357. J
69.6
|
69.6
22513. |
21498. |
69.4
|
22057. |
22137. I
20958. |
68.9
22556. J
22260. )
69.8
J
69.8
21228. |
70.4
22251. J
69.9
|
22622. |
21378. |
70.0
|
22807. |
21736. I
22661. |
70.5
70.0
|
22365. J
70.3
22503. {
21293. |
70.8
22626. |
21435. [
22423. 1
70.2
|
71.1
70.3
|
22673. |
21473. i
22382. |
70.3
|
22850. I
21806. |
22753. |
71.2
71.5
21670. |
70.3
|
22766. |
22502. |
70.7
|
22945. |
71.9
22369. |
23473. |

TABLE 6
AGGREGATE RESERVES 8 MONETARY BASE
ADJUSTED FOR CHARGES IN RESERVE REQUIREMENTS

I
I.
TOTAL
I
I RESERVES

1
1
7. .. |
14...|
21... |
28.-.I
4... |
11...|
18...1
25...|
4...1
11...|
18__ |
25 . . . |
1... |
8...J
15...|
22...|
29 . . . |
6... |
13...|
20...|
27...|
3... J
10... |
17... |
24...|
1... |
8... |
15...|
22...|
29...|
5... |
12...|
19...!
26...|
2... I
9... |
16...|
23...1
30...|
7... I
14...1
21...J
28...|
4... j
11...|
18...|
25...J
2... |
9... |
16...I
23... |
30... |

_____

1970

JAN
JAN
JAN
JAN
FEB
FEB
EEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JON
JON
JON
JUN
JOL
JOL
JOL
JOL
JOL
AUG
AOG
AOG
AUG
SEP
SEP
SEP
SEP
SEP
CCT
CCT
OCT

CCT
NOV
NCV
NCV
NOV
EEC
DEC
DEC
EEC
DEC




22813.
22661.
22884.
22747.
22902.
22816.
22737.
22493.
22506.
22405.
22609.
22583.
22837.
22854.
23131.
23203.
22844.
23174.
22768.
22956.
22559.
22806.
22790.
22996.
22760.
23015.
22892.
23144.
23274.
23240.
23347.
23743.
23573.
23617.
23737.
24121.
24135.
23744.
24067.
24266.
23941.
24299.
24233.
24377.
24379.
24265.
24189.
24632.
24500.
24600.
24790.
25002.

SEASONALLY ADJUSTED

I

NOT SEASONALLY ADJUSTED

I

|
NGN| REQUIRED | MONETARY |
| BORROWED | RESERVES |
BASE
|
RESERVES
|
l
I
I
1
1
I
70.4
I
|
22528. |
21961. |
22584. |
70.4
|
|
21796. |
|
70.6
|
21921. |
22680. |
|
21717. |
22635. |
70.6
|
21644. |
1
22691. |
70.8
|
70.7
|
|
21747. |
22609. |
|
21627. I
70.7
|
22488. |
|
21428. |
70.5
|
22321. |
2167C. |
70.6
|
|
22308. |
|
21473. |
22334. |
70.5
1
|
21792. |
22459. |
70.8
|
|
21647. |
22487. |
70.8
|
|
21888. |
22498. I
71.2
|
|
22358. |
71. 1 |
22675. |
22114. |
|
23029. |
71.5
|
22234. |
J
71.7
|
23045. |
|
21950. |
71.5
|
22732. |
|
22400. |
22824. |
72.0
|
1
71.7
|
21958. I
22740. |
72.0
|
|
21777. |
22742. |
|
71.6
|
21626. I
22515. !
|
21582. 1
22611. |
71.9
|
|
21933. |
22654. |
71.9
|
j
22338. {
72.1
|
22723. |
|
21873. |
22672. |
71.9
1
22024. 1
I
72.2
|
22742. |
|
21598. |
72.1
J
22818. |
|
21463. |
22914. |
72.5
|
|
21888. |
72.7
|
23089. |
|
72.7
|
22009. |
23087. |
22337. |
72.8
|
|
23159. |
22569. |
23464. |
|
73.3
|
|
73.2
|
22892. 1
23481. |
J
22957. 1
73.2
I
23479. |
|
23077. |
73.4
1
23559. |
|
73.8
|
23358. |
23706. |
!
23635. |
74.0
|
23779. |
|
23284. |
73.6
|
23791. |
|
74.0
|
23406. |
23795. |
|
23868. |
23914. |
74.2
|
|
23491. |
23900. |
73.9
|
|
24110.
|
23713. |
74.3
1
74.4
|
|
23800. |
24042. |
|
23954. |
74.6
|
24059. |
23934. |
|
24097. I
74.6
J
|
23935. |
24101. |
74.6
|
23753. |
|
74.5
i
24113. |
24177. |
|
24215. |
75.1
|
|
24210. |
24364. I
75.0
|
|
24201. |
24480. |
75.2
1
|
24580. |
75.5
1
24465. |
J
24732. J
24568. |
75.7
|

NON| REQUIRED
TOTAL
t
RESERVES | BORROWED | RESERVES
RESERVES
I
1
_
1
22590. |
23157.
23442. |
22755. |
23543.
23620. |
23018. |
23777.
23981. |
23241. |
22211. |
23129.
23174. |
21916. |
22963.
21807. |
22669.
22876. |
21825. |
22686.
22935. !
21461. |
22354.
22526. \
21601. |
2243 7. |
22239.
22151.
21290. |
22222. 1
21746. |
22413.
22563. |
21487. |
22327.
22423. |
22402.
22741. I
21792. |
22195. |
22512.
22691. |
22114. !
23029.
23131. |
22264. |
23075.
23233. |
23023. |
22129. |
22911.
22728. |
23152.
23 502. I
22754. I
21944. |
22726.
22861.
23075. !
21896. |
22374.
21485. |
22418. !
21481. |
22510.
22705. |
22441.
21720. !
22 577. |
22135. |
22520.
22793. |
22408. |
21521. |
22320.
22884. !
21893. I
22611.
21574. |
22794.
22868. |
21524.
|
23205. J
22975.
21937. |
23138.
23323. |
21928. |
23006.
23159. |
22123. I
22945.
23133. |
22343. |
23517. |
23238.
23424. |
22743. I
23332.
22578. \
23100.
23238. |
22744. |
23404. |
23226.
23145. |
23908. |
23493.
23535.
23891. |
23391. |
23418. [
22958. I
23465.
23340. |
24001. t
23729.
23840. |
24238. I
23886.
23934. |
23484. 1
23893.
23754. |
24151.
24340. |
23 998. I
23565. I
23807.
24205. |
23782. I
23887.
23820. |
2426 5. 1
23983.
24288. |
23958. !
24124.
23527. |
23963. |
23887.
24444. |
23989. |
24027.
23985. 1
24139.
24275. |
24551. |
24152. |
24431.
24464. I
24789. |
24579.
25239. 1
25019. |
24855.

| MONETARY
|
BASE
I
1
|
71.6
|
71.5
|
71.4
I
70.2
70.4
|
|
70.4
\
70.3
|
69.7
69.8
|
|
70.0
I
70.4
|
70.0
|
70.4
|
70.9
|
71.3
I
71.3
|
70.9
|
72.1
|
71.5
j
71.8
|
70.9
J
71.7
|
72.0
|
72.1
|
71.5
|
71.9
|
73.1
|
73.1
|
73.0
|
72.4
|
72.9
|
73.6
|
73.3
72.7
|
|
72.9
|
74.2
|
73.8
|
73.0
73.3
|
|
74.3
74.1
|
f
74.4
73.7
|
|
74.2
|
75.0
|
75.0
J
74.7
|
75.3
|
75.8
|
76.0
76.6
I
|
77.0

TABLE 6
AGGREGATE RESERVES $ MONETARY BASE
ADJUSTED FOR CHARGES IB RESERVE REQUIREMENTS

197T" JAR
JAR
JAR
JAR
FIB
FEB
FEB
FIB
BAR
MAR
HAR
BAR
HAR
APR
APR
APR
APR
HAY
HAY
HAY
HAY
JUH
JON
JON
JON
JON
JO L
JOL
JUt
JOL
AOG
AOG
AOG
AOG
SIP
SEP
SEP
SEP
SEP
CCT
CCT
OCT
OC1
NOV
ROV
RCV

RCV
t ic

EEC
DEC
EEC
EEC




SEASONALLY ADJUSTED
1
..............
L
TOTAL
|
NCR| REQUIRED | HORBIARY
1
RESERVES
|
BORROWED
|
RESERVES |
BASE
1
1
1 RESERVES |
l
1 ....
I.._ ...
6. * a I
25190. |
24783. |
24614. |
76.0
13...1
24523. |
75.4
24246. |
24491. t
20...|
24884. |
24412. !
75.9
24792. |
27...|
24945. |
24591. !
76.0
24663. |
25013. |
24730. }
3... I
76.1
24776. |
10... |
25116. |
24869. I
24911. |
76.3
17...1
25388. |
24827. |
25091. |
76.8
24...|
76.7
25375. |
25125. |
25058. |
3...J
25198. I
24940. 1
25028. |
76.7
10i.*l
25189. |
25107. |
76.6
24768. |
17. . . |
25531. |
25241. i
25266. I
77.0
24...|
25235. |
25167. |
76.9
24902. |
25604. |
31...|
25347. |
25228. |
77.3
7...1
25256. |
25453. I
25176. |
77.2
25274. (
14...|
25124. |
77.1
25066. |
21...|
25278. |
25194. |
25197. |
77.2
28...|
25476. |
25300. |
25428. 1
77.0
5...|
25864. I
25690. |
77.9
25499. !
25560. |
77.7
12. • a |
25461. |
25330. |
19...1
25595. |
25289. |
25493. I
77.8
25571. |
26...|
25745. |
25478. |
78.1
25822. I
25176. 1
2...|
25537. |
78.2
9... |
25528.
|
78.1
25681. |
25608. |
16...|
25952. |
25686. I
78.4
25549. |
25770. |
23...!
78.4
25151. |
25560. f
30...|
25700. |
25932. f
25182. |
78.7
7... J
25883. |
25606. I
78.7
25222. |
14...|
25718. |
24727. |
25713. |
78.8
26215. |
25094. |
21... |
25933. |
79.3
28...|
26050. I
25505. |
25983. |
79.2
4... |
26480. |
25716. |
26046. |
79.7
26005. |
25411. |
11...|
25978. |
79.2
1 8 . |
26194. J
25970. |
25015. |
79.5
25... |
25963. |
25872. I
79.3
25192. J
26397. |
26073. |
25691. |
79.9
1...1
8. ., |
26588. |
25823. |
26383. |
80.1
15... |
26638. J
26181. |
26391. |
80.3
26215. )
25886. I
22...I
26276. J
79.9
26628. |
26204. |
26285. )
80.4
29...|
26394. J
6... I
26085. !
26180. f
80.2
26160. |
13...|
25711. |
26111. |
80.0
20. a . |
26444. j
26234. |
26112. I
80.3
26164. I
80.1
27...I
26113. I
25751. |
3...!
26635. |
26419. |
26239. |
80.6
26266. |
26144. |
10...|
26256. |
80.2
17...|
26561. |
26274. |
26373. |
80.5
24...I
26366. |
25828. |
26222. 1
80.4
26910. |
1...I
26205. |
26320. I
81.1
8. • • 1
26431. |
26372. |
26288. !
80.6
26574. J
15...1
26370. |
26549. I
80.9
26454. |
26313. I
22...|
26483. |
80.7
29...|
26936. I
26720. J
26622. |
81.3

1
1
|
i

1
1
|
|
l

|
|
|
!
|
J
I
J
|
|
1
|
I
|
|
j
|
|
|
|
J
|
J
|
|
J
|
I
1
|
|
1
|
|
|
|
|
I
|
|
|
1
I
I
i

I
|
|
|

ROT SEASONALLY ADJUSTED
TOTAL
I
ROM| REQUIRED | HOHETARY
RESERVES \ BORROWED | RESERVES 1
BASE
RESERVES
|
1
1
I
1_ ___ __ _ ... 1.
25551. |
77.4
25958. |
25382. !
25560. |
25283. J
25528. |
76.6
26231. !
25759. |
76.9
26139. |
25215. |
25287. J
75.7
25569. |
25109. |
25155. |
75.7
25392. 1
2 5054. 1
25259. J
25012. |
76.0
25648. |
25087. |
25351. I
76.6
25171. |
25104. |
25421. |
75.8
25096. |
24838. |
24926. |
75.8
24890. |
24551. {
76.2
24972. 1
25468. |
25203. j
76.6
25178. |
24720. J
24985. |
76.1
25053. I
76.4
25234. |
25115. J
25491. I
25259. |
24982. |
76.9
25062. |
25004. |
77.1
25212. f
25062. |
25447. I
25366. |
77.0
25363. I
76.9
25447. |
25575. |
25623. 1
26190. |
26016. |
25825. |
77.9
25367. |
25597. |
77.8
25498. |
25807. |
25705. |
77.9
25501. |
77.5
25726. |
25552. 1
25459. |
78.1
25773. |
25127. »
25488. 1
25348.
|
78.3
25421. |
25268. |
25471. |
78.4
25334. |
25737. |
25481. \
25271. |
78.1
24862. |
25790. |
78.4
25040. 1
25558. I
25154. 1
79.6
25815. i
25538. t
79.4
25716. 1
25721. I
24730. |
79.8
25207. |
26046. |
26328. |
25444. |
79.1
25922. |
25989. |
26280. 1
25516. |
25846. 1
79.7
79.6
25749. |
25156. |
25722. 1
79.8
26015. |
24836. |
25791. |
79.0
25636. |
24865. |
2 5545. |
26017. |
25311. |
2 5693. |
79.1
25508. f
26068. |
26273. |
80.3
25824. |
80.0
26281. 1
26034. |
79.3
25499. |
25889. |
25828. !
79.5
26486. 1
26062. |
26143. |
26184. )
80.1
26398. |
26089. |
26 137. J
25688. |
26088. !
80.2
80.3
26483. |
26151. |
26273. |
25928. |
25877. |
79.5
25515. I
26432. !
26216. 1
26036. |
80.2
26041. |
26051. |
80.5
25929. |
26381. |
81.0
26569. t
26282. |
80.7
26190. |
25652. |
2 6046. i
26728. 1
26023. |
26138. |
81.3
81.4
26215. |
26156. |
26072. |
26527. |
81.7
26502. |
26323. |
26345. |
26515. J
82.0
26486. |
27186. |
26970. |
26872. 1
82.6

TABLE 6
AGGREGATE RESERVES 6 MONETARY BASE
ADJUSTED FOR CHARGES IR HESBRVB REQUIREMENTS

1972

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SIP
CCT
OCT
CCT
CCT
NOV
NCV
NCV
NOV
NCV
EEC
EEC
EEC
DEC




SEASONALLY ADJUSTED
l
I
1
__ I
TOTAL
|
NON| REQUIRED | MONETARY |
1
BASE
|
1 RESERVES ! BOBRONED | RESERVES |
1
I RESERVES |
l
1
1
J
1
I_ _
1
5...|
27125. |
27068. ]
26813. |
81.8
I
26711. |
12...|
26816. |
26799. |
81.3
}
19...|
27094. |
27080. |
81.7
l
26876. |
26985. |
26...1
26973. J
26793. |
81.7
|
27225. |
26980. |
82.0
|
2...|
27209. |
27053. |
27011. |
9...1
27003. !
81.9
!
16__ 1
27352. |
27334. |
27041. |
82.3
!
26957. |
23...|
27087. !
27073. )
82.1
|
1... |
27116. |
27049. 1
27034. !
82.3
|
8... |
27091. |
26988. |
26915. |
82.3
|
15...|
27542. |
27529. !
27149. |
82.9
1
82.4
!
22...|
27028. I
26913. |
27161. |
27669. |
27516. J
27384. !
29...|
83.1
|
5. . . |
27863. |
27722. I
27489. |
83.3
l
27656. I
12...|
27642. |
27490. I
83.1
|
27489. |
27446. |
27548. |
83.0
|
19...|
26...!
27695. |
27416. !
27477. !
83.3
l
27617. |
27500. (
3...I
27481. I
83.3
|
10...J
27727. |
27640. |
27536. !
83.4
|
17...I
27860. |
27821. |
27666. |
83.7
|
27596. J
24...I
27682. 1
27619. |
83.6
|
27901. |
31 . . . |
27647. !
27813. |
83.9
|
7... I
28102. |
28044. |
27771. J
84.2
|
14...|
27962. |
27868. !
27853. |
84.1
|
28133. |
28074. )
27921. |
84.3
!
21... I
28__ |
27886. |
27757. |
27762. |
84.2
|
5... |
27971. |
28283. !
27955. |
84.6
|
12...|
28050. !
27827. |
27823. |
84.6
|
19...|
26175. |
28028. |
84.7
|
28002. |
26...!
27986. |
28158. |
28079. |
84.7
|
28483. I
28120. |
28241. |
2... 1
85.1
|
28545. !
28256. !
9...I
28415. !
85.2
|
16...|
28710. J
28328. i
28456. |
85.5
|
28414. !
28374. J
23...J
28066. |
85.3
]
30... I
28623. |
85.7
|
28146. |
28396. |
6... |
29048. |
28211. |
28252. |
86.1
|
13...J
28241. |
28092. !
28356. !
85.4
I
20...!
28555. t
27838. )
85.8
|
28349. !
27...|
28329. |
27779. |
28292. |
85.7
|
4... |
28786. |
28350. (
28556. |
86.3
|
28574. |
11...|
28932. |
28397. )
86.5
|
18... !
28945. |
28511. |
28824. I
86.7
J
25... !
28905. |
28140. |
28755. !
86.7
|
1...1
29085. |
28530. |
28880. |
87.1
|
29115. !
8... |
28156. |
2899U |
87.1
|
29014. !
29800. |
15...*
29306. |
88.0
|
29226. I
28807. i
22... |
29037. J
87.5
|
29571. {
29...!
28999. }
29231. |
88.1
|
6... (
29791. |
29202. |
29455. 1
88.3
I
29785. 1
28980. |
29541. |
13...I
88.5
I
29867. !
20...|
28646. !
29661. !
88.7
|
27...J
29793. |
28675. }
29604. |
88.7
|

NOT SEASONALLY ADJUSTED
NON| REQUIRED
TOTAL
1
RESERVES | BORROVED ( RESERVES
1 RESERVES |
I
27915. |
27858. |
27603.
27905. |
27888. |
27800.
28645. {
28631. !
2 8427.
27766. J
27754. (
27574.
27636. }
27652. |
27407.
27176. }
27134. |
27126.
27522. !
27504. |
27211.
27110. f
26994.
27124. |
2686 7.
26949. !
26882. (
26 832. |
26729. (
26656.
27390. |
27010.
27403. |
26838. !
26743. |
26991.
27477. |
27324. |
27192.
27815. |
27674. (
27441.
27558. !
27406.
27572. |
27713. I
27670. |
27772.
27570. 1
27631.
27849. |
27857. t
27974. |
27838.
27835. |
27922. |
27731.
28067.
28261. t
28222. |
27827. |
27741.
27764. |
27969. !
27715. !
27881.
27906. |
27848. |
27575.
27551.
27566. |
27660. |
27774. |
27833. |
27621.
27581. |
27452. |
27457.
28307. |
27995. !
27979.
27964. |
27737. |
27741.
28411. !
28264.
28238. J
28188. I
28016. |
28108.
28300. 1
27937. |
28058.
28278. |
27991. !
2814828462. |
28080. !
28203.
28020. J
27980.
27672. |
28186. !
27709. |
27959.
28608. |
27771. I
27812.
27758. |
*27609. |
27873.
28215. (
27498. |
28009.
28214. |
27664. !
28177.
28806. J
28370. |
28576.
28820. !
28285. |
28462.
29114. |
28680.v l
28993.
28523.
28673. |
27908. !
28809. 1
28604.
28254. |
28788. |
28664,
27829. |
29672. |
29178. |
28886.
29077. |
28658. |
28888.
29239. |
28667. |
28899.
29174.
29510. |
28921. |
29560. |
28755. |
29316.
29883. |
29677.
28662. I
29910. |
28792. |
29721.

| MONETARY
|
BASE
1
!
|
83.0
|
82.7
1
83.0
|
81.6
81.4
I
|
81.7
|
81.9
!
81.4
J
81.0
81.7
!
|
82.3
|
81.7
|
82.1
|
83.1
(
83.1
83.0
1
!
82.8
|
83.1
83.8
!
|
84.1
|
83.4
83.7
!
]
84.2
|
84.1
|
84.2
83.6
|
|
85.3
|
85.3
|
85.4
|
84.8
|
84.9
|
85.6
!
85.7
|
85.0
84.7
|
|
86.0
85.1
!
]
85.3
|
84.9
|
85.9
!
86.8
86.9
|
|
86.2
|
86.1
J
87.2
!
88.3
|
88.0
|
88.0
|
88.8
|
89.3
|
89.9
j
90.3

TABLE 6
A6GBE6ATE RESERVES 8 HONETART BASE
ADJUSTED FOR CHARGES IN RESERVE REQUIREMENTS
SEASONALLT ADJUSTED

1973

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAT
MAT
HAT
HAT
MAT
JON
JON
JON
JON
JOL
JOL
JOL
JUL
AOG
AOG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
CCT
CCT
NOV
NCV
NCV
NCV
EEC
DEC
EEC
DEC




3... |
10...|
17... |
24...|
31...|
7... |
14...|
21-.. |
28... |
7...|
14... 1
21... 1
28.• . |
4...|
11... |
18...|
25...|
2... |
9... 1
16...|
23...I
30...|
6. . . 1
13...|
20...|
27... |
4. .. |
11... |
18...|
25...I
1... I
8.

..|

15...|
22... |
29...|
5...|
12...|
19...|
26...1
3... |
10...1
17...|
24...|
31...1
7. • • |
1 4 ...I

21... |

28 . . . |

5... I
12... J
19...|
26... \

TOTAL
|
NCRRESERVES | BORROWED
I RESERVES
_
L
30318. |
28567.
29811. |
29120.
30450. |
29157.
29796. |
28702.
30412. |
29102.
30058. |
28826.
30180. |
28188.
30420. |
28750.
2S985. |
28506.
30723. |
29038.
30252. |
28761.
30611. |
28472.
30462. |
28451.
29268.
31023. 1
28814.
30313. |
28879.
30727. J
30625. |
28979.
30466. |
28592.
28889.
30373. \
30915. |
29100.
30509. |
28821.
30664. |
28264.
30869. |
29205.
30501. J
28801.
29000.
30928. |
29004.
30853. 1
31593. |
29193.
30945. |
29266.
31531. |
29809.
29000.
31080. |
31538. |
29443.
31158. |
29153.
31457. |
29541.
31188. J
29054.
31374. |
28816.
31690. |
29329.
31217. |
29730.
31298. |
29592.
31300. |
29110.
31683. |
30163.
31626. |
30273.
31471. |
30309.
31948. |
30033.
31854. |
30399.
31690. |
30519.
31794. |
30273.
31976. |
30408.
31573. 1
30286.
30506.
31984. |
31574. |
30271.
31926. |
30438.
32066. |
31027.

|
|
|
I
|
|
|
|
|
I
|
J
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
J
|
|
|
|
|
|
|
|
|
|
|
|
|
I
1
|
|
|
|
|
|
|
|
|
|
|

I
I
REQUIRED | MONETABT |
RESERVES |
BASE
|
I
I
I
I
29740. |
89.4
l
29666. |
88.9
|
89,6
|
30121. |
89.0
|
29829. |
89.7
]
29957. |
29940. |
89.4
|
29993. |
89.6
|
29915. J
89.9
J
89.6
|
30006. |
30387. |
90.4
|
30227. |
90.0
|
90.5
I
30363. |
90.5
|
30374. J
30487. |
91.2
|
30404. 1
90.5
|
30490. |
91.1
|
30287. |
91.1
I
30235. |
91.1
|
30454. |
91.1
|
30575. |
91.8
|
30415. |
91.4
|
91.7
|
30519. |
30525. |
92.0
|
30499. |
91.7
|
30784. |
92.2
|
30633. |
92.3
|
93.1
|
30961. |
30950. |
92.5
|
31074. |
93.1
|
31067. I
92.7
|
31039. f
93.2
|
92.9
1
31083. |
31143. |
93.3
|
93.2
|
31149. |
93.4
|
31251. |
31200. J
93.8
|
93.5
|
31073. |
31149. |
93.6
I
93.7
|
31216. |
94.2
1
31226. |
31206. |
94.2
1
31551. |
94.1
|
94.7
|
31541. |
94.7
|
31680. |
94.6
|
31433. |
31648. |
94.8
|
31607. |
95.1
|
31507. |
94.9
|
31546. J
95.3
|
95.0
|
31602. |
95.5
i
31615. |
31594. |
95.8
I

NOT SEASONALLT ADJUSTED
NONTOTAL
|
RESERVES | BORROWED
I RESERVES
I
31033. |
29282.
30902. |
30211.
31077.
32370. |
30925. |
29831.
29678.
30988. |
30261. |
29029.
30270. |
28278.
30502. ]
28832.'
28276.
29755. |
30512. |
28827.
30019. |
28528.
30419. |
28280.
30117. 1
28106.
29278.
31033. |
28684.
30183. |
29177.
31025. |
30809. |
29163.
30895, |
29021.
30634. |
29150.
31318. |
29503.
30666. |
28978.
30601. 1
28201.
28904.
30568. |
30013. |
28313.
28744.
30672. J
30537. |
28688.
31637. |
29237.
29141.
30820. |
30160.
31882. 1
31213. |
29133.
29342.
31437. |
30827. |
28822.
31141. f
29225.
28714.
3084 8. |
28426.
30984. |
28896.
31257. 1
29185.
30672. |
29224.
30930. |
31181. |
28991.
30201.
31721. |
30051.
31404. |
30490.
31652. |
31778. |
29863.
30200.
31655. |
31373. |
30202.
31602. |
30081.
30352.
31920. |
30035.
31322. |
31807. |
30329.
30104.
31407. |
32066. |
30578.
32270. 1
31231.

| REQUIRED | HONETART
BASE
| RESERVES 1
1
1
|
I
|
|
|
|
|
|
|
|
|
|
I
|
|
|
|
I
|
|
|
1
|
|
|
1
|
|
1
|
|
|
|
!
|
|
|
|
|
|
|
|
|
I
|
|
|
|
|
1
1
|

30455.
30757.
32041.
30958.
30533.
30143.
30083,
29997.
29776.
30176.
29994.
30171.
30029.
30497.
30274.
30788.
30471.
30664.
30715.
30978.
30572.
30456.
30224.
30011.
30528.
30317.
31005.
30825.
31425.
31200.
30938.
30752.
30827.
30809.
30861.
30767.
30528.
30781.
31097.
31264.
30984.
31732.
31371.
31481.
31116.
31456.
31551.
31256.
31369.
31435.
31755.
31798.

|
|
j
|
|
|
1
1
J
|
J
|
1
|
J
|
|
1
|
J
|
|
|
|
|
1
|
|
|
1
1
|
J
|
|
1
|
|
|
|
|
|
|
|
|
|
|
I
I
|
|
|

90.7
90.5
91.4
89.4
88.9
88.9
89.2
89.3
88.1
89.7
89.4
89.8
89.2
90.6
90.6
91.4
90.9
90.8
91.5
92.1
91.3
91.3
91.9
91.7
92.2
91.7
93.5
93.3
94.1
93.0
93.0
93.2
93.5
93.0
92.6
93.6
93.2
93.1
92.9
93.7
94.4
94.3
94.3
93.7
94.4
95.1
95.7
94.9
95.8
96.1
97.0
97.8

TABLE 6
AGGREGATE RESERVES 6 MOMETABY BASE
ADJUSTED FOR CHAIGBS IE BESERVB REQUIREMENTS

1974

JAN
JAM
JAM
JAM
JAM
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
AER
APR
APR
MAY
MAY
HAY
MAY
NAY
JUN
JUN
JON
JON
JOL
JOL
JOL
JOL
JOL
AOG
AOG
AUG
AOG
SEP
SEP
SEP
SEP
OCT
CCT
CCT
OCT
CCT
MOV
MCV
MCV
MCV
EEC
EEC
EEC
DEC




SEASONALLY ADJUSTED
1
1
_____
1
1.
TOTAL
|
BOHI REQUIRED | MONETARY |
1
BASE
|
1 RESERVES I BORROWED | RESERVES 1
1
1 RESERVES |
1
1
1
1
1
1
2...J
32114. |
30904. |
31726. |
96.0
|
32232. |
31456. |
32146. |
96.3
|
9... |
16... |
32651. |
31663. 1
32323. |
96.8
|
23...|
32179. |
30997. |
32262. |
96.5
|
32515. |
30 . , . |
31295. |
97.0
|
32256. |
6... )
32301. |
31303. |
32177. |
96.8
|
32458. |
32164. |
13...|
31305. |
97.1
|
20...|
32244. |
32358. |
30982. |
97.2
|
27...|
32269. |
31018. |
32063. J
97.2
|
6... |
31154. |
32066. |
31948. |
97.2
|
13...|
32211. |
97.5
|
31228. |
32095. |
32430. |
30947. )
32350. |
20...|
97.8
|
27... |
32148. |
30435. |
31979. |
97.6
|
3... |
32499. |
30996. |
98.1
|
32273. |
32273. |
10...|
31079. |
98.0
J
32211. |
17...|
32855. \
31039. |
32526. |
98.7
|
24...1
32569. |
30630. |
32430. |
98.6
1
32946. 1
1... |
30789. |
32769. |
99.1
|
32751. J
31135. |
32616. |
99.0
|
8... |
15...|
32988. |
31011. |
99.4
|
32812. |
32971. |
22...1
29881. |
99.5
|
32842. |
29...|
29457. |
33063. |
32884. |
99.7
|
5... |
30064. |
33118. |
32893. |
99.9
|
12...|
32896. |
30168. |
32766. |
99.7
|
33314. |
30091. |
33067. J
100.1
j
19...|
26...|
30324. 1
33112. |
33013. |
100.0
|
3... |
33511. J
30076. i
100.5
J
33142. |
10...|
33385. |
100.4
|
30745. |
33107. |
17... |
33635. |
30460. |
33651. |
100.8
|
24...|
33504. |
29863. 1
33389. |
100.7
|
31-- |
33463. |
29773. |
33279. |
100.8
|
7... I
33438. 1
30349. |
33210. |
100.9
|
14... |
33443. |
30402. |
33330. |
101.1
J
33584. |
30147. |
33375. |
101.4
|
21... I
33514. J
28...|
29981. |
33368. |
101.5
|
4... |
33740. |
29834. |
33419. |
101.8
|
11...|
33304. |
33413. |
30329. |
101.6
|
18... |
30561. |
33482. |
33400. |
101.7
|
25... |
33562. |
30031. |
33488. 1
102.0
|
34001. |
2... |
33545. |
102.6
|
30783. |
9... |
33507. |
102.2
|
31262. |
33562. |
16__ I
34059. |
32315. |
103.0
|
33732. |
23...|
33326. |
32004. |
102.4
|
33485. |
30... |
33756. |
32118. |
33513. |
103.0
|
-32862. |
6... |
33987rf |
33664. |
103.3
|
13...|
33656. |
32559. |
33512. |
103.2
|
20 . . . |
32382. |
33749. |
103.4
|
33722. |
27... |
33969. |
32490. |
33659. |
103.7
|
4... |
34112. |
33042. |
33829. |
104.0
|
11...t
32943. |
33750. |
33591. |
103.6
|
18... |
34220. |
33402. |
34003. |
104.3
|
25...|
34349. |
33687. I
33920. |
104.5
|

NOT SEASONALLY ADJUSTED
TOTAL
|
NONRESERVES | BORROWED
RESERVES
i
32771. |
31561.
33312. |
32536.
34603. |
33615.
33555. |
32373.
3313 9. 1
31919.
32 525. |
31527.
32399. |
31246.
32435. J
31059.
31930. ]
30679.
30764.
31676. |
31778. |
30795.
32201. |
30718.
31789. |
30076.
32401. |
30898.
31961. |
30767.
33111. |
31295.
30904.
32843. |
33 504. |
31347.
32989. |
31373.
33215. |
31238.
33144. I
30054.
32844. I
29238.
32746. |
29692.
29509.
32238. |
33092. |
29869.
32860. |
30072.
33584. |
30149.
33189. |
30549.
34040. |
30865.
33733. 1
30092.
33485. |
29795.
33157. |
30068.
33126. |
30085.
33360. f
29923.
33166. |
29633.
33322. |
29416.
32809. |
29725.
33060. |
30139.
33419. 1
29888.
34084. |
30866.
33244. |
30999.
34157. |
32413.
33281. |
31959.
33689. 1
32051.
33825. |
32700.
33437. |
32340.
33782. |
32415.
33784. |
32305.
32910.
33980. |
33377. |
32729.
34491. |
33673.
34588. |
33926.

| BEQUIRED | MONETARY
| RESERVES |
BASE
|
I
1
1
|
32383. |
97.3
|
32226. |
98.0
98.7
|
34275. |
|
33638. |
97.2
|
32880. |
96.1
|
32401. |
96.2
I
32105. |
96.6
|
32321. |
96.5
|
31724. |
95.5
|
31558. |
96.1
1
31662. |
96.7
|
97.0
32121. |
1
31620. |
96.3
|
32175. |
97.3
|
98.0
31899. |
|
32782. |
99.1
|
32704. |
98.3
|
33327. 1
98.7
99.4
32854.
|
|
|
33040. |
99.6
|
33015. |
99.4
|
32665. |
99.1
99.5
|
32521. |
|
32107. I
99.6
|
32845. |
100.2
|
32761. |
99.5
|
33215. |
101.0
|
32911. |
101.5
1
34056. |
101.9
|
33618. |
101.1
|
33301. |
100.5
|
32929. |
101.2
101.4
|
33013. |
101.4
|
33151. 1
|
33020. |
100.7
33001. |
|
101.5
|
3 2700. |
101.4
|
32978. |
101.3
|
33345. |
101.1
|
33628. |
101.9
|
33299. |
102.3
|
33830. |
103.3
I
33440. |
102.0
|
33446. |
102.1
|
33502. |
103.3
|
103.7
33293. |
|
33755. |
103.9
|
33474. |
103.8
33697. |
|
104.7
|
33536. |
104.9
|
34274. |
106.0
|
34159. I
106.6

TABLE 6
AGGREGATE RESERVES 6 MONETARY BASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS

1975

JAN
JAN
JAN
JAN
JAN
EEB
FEB
FEB
FEB
MAR
BAR
MAR
BAR
AER
APR
APR
APR
APR
HAY
MAY
BAY
HAY
JCN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
OCT
CCT
CCT
NCV
NCV

NOV
NCV
EEC
DEC
EEC
EEC
EEC




SEASONALLY ADJUSTED
I
____
I.
TOTAL
|
NON| REQUIRED | MONETARY
I
BASE
I RESERVES | BORROWED | RESERVES |
I
I
I RESERVES ]
l_
1
1
34604. |
34043. |
34027. |
105.0
1...I
8 ... |
34036. |
33725. 1
33899. ]
104.5
15...1
34008. |
33399. |
34050. |
104.6
22 ...|
34225. |
33631. |
105.0
34C39. |
29...|
33964. |
34106. |
104.9
33932. |
5... |
34354. |
33959. |
34256. |
105.2
12...|
34029. |
33939. |
33970. |
104.9
105.0
19...|
33997. |
33768. 1
33839. |
2 6...|
33848. |
3366 8. |
105.0
33689. |
105.5
5... I
33783. |
34192. I
34122. |
12...|
34045. |
105.6
33985. |
33815. |
33810. |
105.5
19... |
33643. |
33790. 1
34097. |
105.9
26-- 1
33953. |
33942- l
105.9
2 ... |
34208. |
34157. 1
33929. ]
9...|
34034. |
34004. |
33916. |
105.6
16...|
34147. |
105.7
33928. |
34125. |
105.5
33850. |
33780. |
33685. |
2 3 ...|
30...|
33617. |
105.8
33858. |
33669. |
33795. |
7.. . |
33829. |
33518. |
105.9
14...|
33524. |
33506. |
105.8
33523. |
33601. |
106.2
33651. |
33722. |
2 1 ...]
28...|
106.4
33667. |
33583. |
33503. |
4... |
107.0
34013. |
33929. |
33679. |
106.6
1 1 ... |
33503. |
33465. |
33539. |
107.6
18... |
34266. |
34189. |
33932. |
25... |
33747. |
33844. |
107.5
33935. |
33461. |
108.0
2 ... ]
33936. 1
34332. |
33914. |
33781. |
9... |
33692. I
107.5
33674. |
107.7
16...|
33876. |
33803. |
107.7
33404. |
23...1
33786. |
33583. |
108.0
30... |
33696. |
33668. |
33949. |
6 ... 1
108.0
33636. |
33617. |
33816. |
33441. |
33604. |
107.9
13...|
33620. |
33700. |
108.3
20...|
33904. |
33693. |
27... I
108.4
33650. |
33626. |
33922. ]
34028. |
33727. |
108.6
3... |
33806. |
108.4
33827. |
1 0 ... |
33436. |
33821. |
17... |
33828. |
108.7
34095. |
33768- |
24...|
33857. |
108.5
33890. |
33495. |
33741. |
109.1
33860. |
34322. |
1 ...I
108.5
33390. |
33653. |
8 . .. |
33629. |
33647. |
109.0
15...|
33787. |
33960. |
2 2 ...|
33625. |
33392. |
33596. |
108.9
33617. |
109.3
33808. |
2 9 ...|
33903. ]
1 1 0 .0
5... |
34539. |
34472. |
33675. |
109.1
1 2 ... ]
33464. 1
33425. |
33452. 1
33871. |
109.8
19...|
34056. |
33998. |
1 1 0 .1
34241. I
26...|
34167. |
34029. |
110.4
34290. |
34028. |
3...|
34357. |
1 1 0 .2
1 0 ... |
33907- |
34073. |
34043. ]
17... ]
34167. |
33965. |
110.5
34212. 1
110.3
33701. |
24...|
33912. |
33693. |
110.7
33745. |
33906. |
34159. |
31... ]

I
I
|
]
I
1

|
|
|
|
|
|
|
|
|
|
1
|
J
|
|
|
|
|
|
|
1
]
l
|
I
|
]
1
|
|
|
i
|
|
]
|
|
|
|
J
|
|
|
|
|
|
|
|
|
|
J
|
|

NOT SEASONALLY AEJUSTED
NONTOTAL
I
RESERVES | BORROWED
RESERVES
I
1
_
35299. f
34738.
34965. |
34654.
35194.
35803. |
35283.
35877. ]
34921. J
34779.
34737. ]
34639.
33833. |
33743.
33989. |
3376033304.
33 4 84. |
33745. ]
33675.
33439. |
33379.
33295.
33462. 1
33608.
33763. |
33980.
34031. |
33622. ]
33592.
34217.
34239. |
34034.
34199. |
34424. |
34183.
341.45.
34179. |
33465. |
33448.
33535.
33656. i
33186.
33270. |
33576. 1
33492.
32784. J
32746.
33925.
34002. 1
33574.
33762. |
33660.
34531. |
33451.
33673. |
33717.
33919. |
33604.
33986. |
33829.
34082. |
33464.
33644. |
33255. ]
3307633522.
33726. 1
33294.
33 566. |
33401.
33623. |
32814.
33199. |
33637. 1
33310.
33713. 1
33318.
33955.
34 53 6. |
33124.
33363. |
33650.
33823. |
33469.
33702. |
33731.
33826. 1
34397.
34464. |
33225. |
33186.
34124.
34182. |
34155. ]
34081.
34298. |
34231.
33881. J
33851.
34540.
34585. |
34063.
34282. |
3504 5- ]
34792.

| REQUIRED I MONETARY
BASE
| RESERVES 1
|
1
I
i
106.4
1
34722. 1
106.1
|
34828. I
1
106.4
35845. 1
1
105.9
35691. 1
34747. 1
104.2
|
104.4
|
34342. I
33774. \
104.2
]
104.4
|
33831. 1
|
3 3325. 1
103.2
| . 33336. 1
104.2
104.7
1
33209. J
104.6
|
33442. 1
104.6
|
33619. 1
105.1
|
33752. 1
105.6
|
33504. 1
|
106.0
3 4020. 1
|
105.5
34129. 1
105.2
34235.
|
1
106.1
1
3 3868. I
105.8
I
33466. 1
106.0
|
33585. 1
105.7
|
33106. 1
106.4
|
33242. 1
106.6
32820. J
|
107.7
1
33668. 1
107.1
|
33671. 1
j
34135. 1
108.2
108.9
33540. 1
]
108.6
33846. 1
|
I
108.2
33783. 1
107.7
33801. 1
|
33445. 1
108.2
|
108.2
33239. 1
|
108.4
33515. J
|
|
33270. 1
107.6
108.1
|
33322. 1
108.3
|
33205. 1
108.2
|
33370. 1
107.8
33680. 1
|
108.3
34074. 1
|
108.5
|
33387. 1
33510. 1
109.1
|
108.6
|
33673. 1
108.2
3 3540.
1
1
33600. I
109.8
109.7
|
33213. 1
1 1 0 .6
33997. 1
1
110.5
33943. 1
|
33969. 1
1 1 1 .2
|
111.7
33715. 1
|
112.3
|
34338. 1
112.5
34071. 1
|
112.7
34631. 1
|

TABLE 6
AGGREGATE RESERVES G MONETARY BASE
ADJUSTED FOR CHARGES II RESERVE REQUIREHEHTS
SEASONALLY ADJUSTED

I
I.
1
1
1

1976

JAN
JAM
JAR
JAN
FEB
FEB
FEB
FEB
HAR
MAR
HAR
HAR
HAR
APR
APR
APR
APR
HAT
HAT
HAY
HAT
JON
JUS
JUN
JON
JON
JUL
JOL
JOL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
CCT
CCT
CCT
OCT
NOV
NCV
NOV
RCV
EEC
EEC
EEC
DEC
EEC




___ 1
7- • * |
14...|
2 1 ...|
28...|
4. • • |
11...|
18... |
25...1
3... 1
10...|
17... 1
24...|
31... |
7... |
14...|
2 1 ... |
28...|
5. .. |
12...I
19... |
26...|
2 ___|
9... |
16...|
23...|
30...|
7... |
14... J
2 1 ...1

28...f
4. • • |
1 1 ...1

18...|
25...|
1 ... |
8 ... ]
15...|
2 2 ... |
29...|
6 ... |
13...|
2 0 ...|
27...!
3...|
1 0 ... |
17... |
24...|
1 ...I
8 ...J
15... |
2 2 ...1

29...1

TOTAL
|
NOR|
RESERVES | BORROWED |
I RESERVES |
1

33900.
33830.
33955.
33792.
34232.
33597.
34220.
33632.
34240.
33784.
33838.
33608.
34031.
33623.
33690.
33742.
33651.
34322.
33533.
33961.
33806.
34060.
33582.
34164.
33429.
34302.
34231.
33748.
33904.
33839.
34348.
33751.
34237.
33940.
34128.
33903.
34042.
33597.
34021.
34063.
33841.
34085.
34043.
34473.
34036.
34823.
34135.
34812.
34184.
34881.
34408.
34775.

|
]
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I
J
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|

33833. |
33785. |
33802. |
33734. |
34178. I
33546. |
34164. |
33484. |
34156. |
33736. |
33798. |
33530. |
33995. |
33599. |
33629. |
33703. |
33593. |
34292. |
33478. |
33839. |
33670. |
33818. |
33489. |
34115. |
33264. |
34136. !
34105. |
33572. |
33845. |
33680. |
34191. |
33629. |
34152. |
33872. I
34035. |
33856. |
33981. |
33553. |
33934. |
33962. |
33794. |
34037. |
33923. |
34271. I
33986. |
34769. |
34091. |
34725. |
34158. |
34812. |
34371. |
34693. |

I
_____ 1
REQUIRED | HONETARY |
RESERVES |
BASE
|
1
J
1 _
1
33601. |
110.4
|
1 1 0 .6
I
33644. |
1 1 0 .8
!
33721. |
33627. |
1 1 0 .8
|
33816. |
111.4
|
1 1 1 .0
|
33547. |
33720. |
111.7
|
111.4
|
33749. |
33830. |
1 1 2 .2
|
33681. |
1 1 1 .8
|
33637. |
1 1 2 .1
|
33497. |
1 1 2 .0
|
33633. 1
112.7
|
33500. |
112.3
J
33517. |
112.7
|
33612. I
112.9
i
33539. |
113.0
|
33881. |
113.9
|
33566. I
113.2
|
33716. |
113.8
|
33728. |
113.8
|
33607. |
114.1
|
113.7
|
33652. |
33593. |
114.5
I
33609. |
113.8
|
33837. |
114.0
l
114.7
|
33669. |
114.5
|
33719. |
33676. 1
114.7
|
33807. |
114.8
|
115.4
|
33912. |
33787. |
115.0
|
33900. |
115.6
|
115.4
|
33822. I
115.8
|
33838. |
33630. |
115.5
|
33783. |
115.9
|
33555. |
115.6
|
116.2
|
33822. I
116.4
|
33729. |
33629. I
116.3
I
33986. I
116.6
|
116.7
|
33932. |
34012. |
117.2
|
34014. |
116.8
|
34389. |
117.8
|
34015. |
117.2
|
34428. |
118.1
|
34059. |
117.5
|
34414. |
118.4
I
34337. |
117.9
|
34427. |
118.5
|

MOT SEASONALLY ADJUSTED
NORTOTAL
|
RESERVES | BORRONBD
1 RESERVES
1 __________
34861. |
34794.
3544 8. |
35403.
35840. |
35687.
34720. |
34662.
34727. |
34672.
33447. |
33396.
34213. |
34157.
33335. |
33187.
33 787. |
33703.
33 086. |
33038.
33413. |
33373.
33266. |
33188.
33913. |
33877.
33271. 1
33247.
33382.
33443. |
34111. |
34072.
3404 6. |
33988.
34913.
34943. |
33391. |
33336.
33805. 1
33683.
33291. I
33155.
33280.
33522. |
32730.
32823. |
33618.
33667. |
33271. |
33106.
34303.
34469. |
34209. |
34083.
33437.
33613. |
34047.
34106. |
33907. |
33748.
34381. |
34224.
33265. |
33143.
34092. |
34007.
33510. |
33442.
33741. |
33648.
33218.
33263. I
33518. |
33457.
33183. I
33139.
34243. |
34156.
34109. I
34008.
33490. |
33443.
34357. I
34309.
33865. |
33745.
34457. |
34255.
33 708. |
33658.
34914. 1
34860.
34064. |
34020.
34778. |
34691.
33987. |
33961.
35112. |
35043.
34809. |
34772.
35400.
35482. |

| REQUIRED | HONETARY
BASE
| RESERVES |
|
1
1
1
1
34562. |
1 1 2 .2
|
112.3
35262. |
|
35606. |
1 1 2 .1
34555. 1
110.3
1
|
34310. |
110.7
3 3397. |
I
110.3
|
33713. |
1 1 1 .0
|
33452. |
109.4
33377. |
110.4
|
|
32983. |
1 1 1 .0
|
33212. |
1 1 1 -2
|
33155. |
1 1 0 .8
|
33515. i
1 1 1 .2
|
33148. t
111.9
|
33270. |
1 1 2 .6
33981. |
113.3
|
33934. |
112.4
|
|
114.1
34502. 1
|
33424. |
113.3
|
33560. |
113.5
|
33213. |
1 1 2 .6
|
113.6
33069. |
|
113.8
32893. |
|
114.4
33096. J
|
33451. |
113.6
|
114.4
34004. |
|
33647. |
116.0
|
33584. |
115.4
|
33878. |
115.4
|
33875. |
114.6
|
33945. |
115.6
33301. 1
|
115.5
116.0
|
33755. 1
114.7
|
33392. |
33451. |
114.6
|
|
32990. |
115.7
|
33259. |
115.5
33141. |
114.8
|
34044. |
|
115.2
33775. {
1
116.5
|
33278. t
116.3
34258. j
|
116.6
I
33754. !
115.6
|
116.7
33996. I
1
117.4
33686. |
|
34480. !
118.5
|
33944. I
117.8
34394. |
|
118.6
|
33862. |
118.9
|
34645. |
1 2 0 .1
|
34738. 1
1 2 0 .1
!
35134. |
1 2 0 .8

TABLE 6
AGGREGATE RESERVES 6 MONETARY BASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS

1977

JAN
JAN
JAN
JAN
FIB
FEB
FIB
FEB
HAS
BAR
BAR
BAR
BAR
AFR
APR
AFR
AFR
NAY
BAY
BAY
BAY
JON
JON
JON
JON
JON
JOL
JOL
JOL
JOL
AOG
AOG
AOG
AOG
AOG
SEP
SEP
SEP
SEP
CCT
CCT
CCT
CCT
NCV
NOV
NCV
NCV
NOV

EEC
EEC
EEC
DEC




SEASONALLY ADJUSTED
'
" NOT SEASONALLY ADJUSTED
I
1
I.
- . -1
TOTAL
|
NGN| REQUIRED | MONETARY |
NON| REQUIRED | HCN1TARY
TOTAL
|
I
BASE
| RESERVES | BORROWED I RESERVES }
BASE
I RESERVES 1 BORROWED | RESERVES |
I
1 RESERVES |
I
1
l RESERVES |
1
. .
.. 1 ...........1
1
I .... . ... 1
I
5. • • |
34499. |
120.9
35012. |
34981* |
118.7
|
36151. |
36182. |
35669. |
12...t
34833. |
34813. |
118.9
|
120.5
34429. }
35986. |
36006. |
35602. 1
19... |
34477. 1
34366. 1
34588. |
118.7
}
37039. I
36930. |
37150. |
1 2 0 .8
26... |
35064. }
35153. |
34729. 1
36401. |
35977. |
119.4
119.5
I
36312. |
2 ... |
34822. |
34736. |
35400.
J
34692. I
119.3
|
35486. |
35356. |
118.2
9... |
34757. |
34682. 1
34501. |
119.3
J
34735. I
118.8
34810. «
34554. |
16...1
34674. |
34545. |
34510. 1
34770. |
118.5
119.3
I
34641. |
34606. |
23...1
34595. J
34366. I
119.4
|
34559. |
34376. |
34340. |
34147. |
118.0
2 ...|
34661. |
119.7
|
117.6
34631. |
34511. |
34295. |
34265. |
34145. |
9... |
34711. |
33800. |
34691. |
119.8
|
33820. |
34438. |
33547. |
118.6
16...}
34712. |
34688. I
34544. I
1 2 0 .0
|
119.0
34075. |
34243. }
34219. |
23... |
34562. |
34224. |
34485. |
1 2 0 .0
|
34136. |
34059. }
118.7
33798. |
30... |
35041. |
34983. |
34687. |
120.7
l
119.2
34980. |
34922. |
34626. |
6 ... |
34911. |
34846. |
120.7
|
34655. |
34424. |
120.4
34489. |
34233. |
34910. |
13...}
34636. }
34872. |
120*8
|
34213. |
34175. I
33939. |
1 2 0 .6
20...|
34904. |
34875. |
34870. I
1 2 1 .0
}
35384. |
35355. |
35350. |
1 2 1 .1
27... |
1 2 0 .6
35197. |
35098. |
35464. |
35365. |
35300. |
35033. }
121.3
|
4__ I
35166. |
121.7
|
36057. |
35755. |
1 2 1 .8
35381. |
35079. |
35842. |
1 1 ... |
35020. |
34864. |
121.5
I
34857. I
121.7
34974. |
34747. |
34903. |
35207. |
35080. |
121.7
18...I
34989. I
1 2 1 .8
|
35169. }
35042. |
34951. }
25...|
34883. J
34572. 1
1 2 1 .6
|
34028. |
120.3
34748. I
34163. |
33852. |
35077. |
1 ... |
35307. }
34648. |
121.3
34898. I
1 2 2 .2
|
34418. 1
34239. |
8 ... |
34938. |
34712. |
34905. |
121.5
33966. }
33740. }
1 2 1 .8
|
33933. |
15...|
34980. J
34757. I
34734. |
34340.
|
34117.
|
1
2 1 .8
34094. I
1 2 2 .1
}
2 2 ...|
35036. |
34765. |
34963. |
122.3
}
34919. |
34648. |
34846. |
1 2 2 .2
29...|
35153. |
35136. |
34819. |
35286. |
34952. |
122.3
35003. |
122.7
|
6 ... |
35437. |
35208. |
123.4
l
35702. I
35842. I
35577. 1
35348. |
125.1
35303. J
34857. I
34697. 1
123.9
13...I
35143. |
35039. |
123.2
|
34593. |
124.4
2 0 ...|
35394. |
123.5
I
35344.
|
34988. |
35750.
|
35538.
|
35182. 1
27...|
35308. }
35013. |
35234. |
123.6
}
35427. |
123.6
35132. |
35353. |
3... |
35354. |
124.4
|
124.7
35952. |
35528. |
36146. |
35548. |
35722. |
34540. |
124.8
10...|
35190. |
35775. |
35125. |
35022. |
35672. 1
124.3
l
17...|
34904. |
124.4
J
35635. |
34837. |
35433. |
35702. |
35500. |
124.9
35493. |
35003. I
123.8
24... I
35465. |
35031. |
33366. |
33828. |
124.3
|
123.8
35914. |
35207. |
35578. |
34185. 1
31...|
34521. |
35543. |
124.9
I
7.. . }
34394. |
125.1
35712. 1
35076. |
124.8
|
35030. |
35481* |
34799. |
14...1
35286. |
34965. |
124.9
35934. 1
35613. |
34949. }
35597. I
125.3
|
125.1
|
35151. |
35154. }
124.3
2 1 ... 1
35626. |
34888. }
35629. |
34413. |
124.4
34945. |
35840. |
35608. |
28... |
35663. 1
35431. |
125.4
|
35122. I
5... |
36019. |
35136. |
35618. |
126.0
|
36447. }
35564. |
36046. I
126.0
35754. |
35028. |
33977. |
34859. |
125.7
1 2 ...1
34703. 1
35585. |
125.9
|
36513. |
126*8
35913. |
35829. }
36597. I
34736. }
19...|
34052. |
126.2
|
125.4
26...!
35910. |
34466. |
35708. |
126.3
|
34285. }
35527. |
35729. |
36154. |
35041. |
35944. 1
126.0
2 ... |
35889. }
126.8
}
36209. |
35096. |
127.4
35274. |
34874. |
9... |
36161. }
35761. }
35606. }
36006. |
126.9
I
1 6 . ..|
36252. |
35718. |
35835. |
36437. |
127.2
|
35903. |
36020. }
128.2
23...|
35000. |
35881. I
36093. |
127.8
35892. |
126.9
|
36082. }
35201. |
30... |
36130. I
35057. |
127.4
|
35692. |
35724. |
127.8
36162. |
35089* |
7. . . |
128.7
35260. |
35916. |
3 5901. 1
35843. J
35828* }
35333. |
127.2
|
36505. f
35996. |
36192. }
129.7
14...I
36329. |
35820. }
36016. I
127.9
|
35711. |
36654. |
21...|
128.0
J
36238. |
36093. |
36799. }
36272. |
130.3
36345. |
35659. |
36100. |
36797. |
28...}
128.3
|
37042. }
36356. |
131.2

TABLE 6
AGGBE6ATE RESERVES 6 MONETARY BASS
ADJUSTED FOB CHANGES IB RESERVE REQUIREMENTS
SEASONALLY ADJUSTED

1978

JAN
JAN
JAN
JAN
FIB
FIB
FIB
FIB
NAB
NAB
NAB
NAB
NAB
APR
APR
APB
APR
BAY
NAY
HAY
HAY
HAY
JUN
JON
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
CCT
CCT
CCT
CCT
NOV
NCV
NCV
NOV
NCV
EEC
EEC
DEC
EEC




4... |
|
18...|
25... |
1 ...I
8 ...|
15...I
22 ...j
1 ...I
8 ... |
15...|
2 2 ...|
29...|
5... |
1 2 . ..|
19...f
26...|
3...I
10 ...|
17...1
24...|
31... |
7... I
14...|
2 1 ...!
28...|
5... J
12...I
19...|
26... |
2 ... |
9... |
16...|
23...I
30...|
6 . .. |
13...!
20...|
27-.. I
4... |
1 1 ... |
18...I
25 . . . |
1 ... I
8 ... |
15... |
22. ..|
29...!
6 ... |
13. . . |
2 0 ...|
27...I
11 ...

NON—
TOTAL
|
RESERVES | BORBONED
I RESERVES
I
36662. |
36156.
36476. I
36034.
37252. |
36834.
36977. |
36385.
36957. I
36488.
37230. |
36737.
37409. |
37128.
37151. |
36705.
36906. |
36515.
36902. |
36506.
36824. |
36576.
36950. 1
36670.
37029. !
36643.
37188. |
36884.
37000. |
36829.
37465. |
37227.
37010. |
36201.
37566. |
35902.
37604. |
35916.
37554. |
36688.
37624. |
36923.
37935. |
36536.
37643. |
36998.
38115. |
37322.
38062. 1
36868.
37956. |
36240.
38675. |
37482.
37757. ]
36854.
39042. |
37453.
37989. 1
36527.
38196. |
36758.
38060. |
37182.
38378. |
37415.
37950. |
36344.
38315. |
37292.
38397. |
37232.
38306. |
37796.
38273. |
37350.
38456. |
36896.
38501. |
37215.
38977. |
37738.
38283. |
37033.
38565. |
37251.
38305. |
37000.
38615. |
37917.
38458. |
37825.
38362. |
37758.
37837.
38629. |
37790.
38488. |
38213. |
37622.
37884.
38451. |
38116. |
36703.

I
______
I
| REQUIRED | HONETARY j
| RESERVES |
BASE
|
J
1
I
I
J
1
|
36375. |
128.8
|
i
36171. |
128.9
|
I
129.8
|
36991. |
|
36662. |
129.6
|
|
129.8
|
36799. |
|
36860* |
130.3
|
37231. |
130.7
|
|
130.5
|
|
36859. t
|
130.5
|
36786. |
|
130.7
|
36638* |
|
130.7
|
36693. |
|
131.0
|
36802. 1
|
36794. |
131.5
|
|
36881. |
131.6
|
|
131.3
|
37012. |
|
37160. |
131.9
|
|
37067. |
131.8
|
|
37251. |
132.5
|
|
132.8
|
37421. |
|
132.9
|
37548. 1
|
37377. |
133.2
|
|
133.7
|
37536. |
133.5
J
|
37594. |
|
38002. |
134.1
I
I
37836. |
134.3
|
|
37788. |
134.3
|
|
37956. |
135.2
|
|
37984. |
134.5
|
1
38670. I
135.8
|
|
134.8
|
38026. |
|
135.3
|
37842. |
J
38045. |
135.2
|
I
135.7
|
38055. 1
!
135.6
|
37959. |
|
38046. |
136.2
|
|
136.4
|
38092. I
J
136.6
|
38193. |
|
38098. 1
136.9
|
|
38233. J
137.3
I
|
38378. |
137.5
|
|
38627. |
138.1
|
137.7
J
|
38402. ]
|
138.0
|
38246. |
!
138.1
|
38192. {
|
38274. |
138.6
|
J
38213. |
138.6
|
|
138.7
|
38212. |
|
38476. I
139.2
|
|
38161. |
139.1
|
38061. |
|
138.9
I
|
38214. |
139.4
|
|
38171. |
139.4
J

HOT SEASONALLY ADJUSTED
TOTAL
1
NONRESERVES | BORRONED
RESERVES
_ 1
37641.
38147. !
37486. J
37044.
40079. *
39661.
37745.
38337. 1
37688. (
37219.
37542. (
37049.
37329. I
37048.
36904. !
36458.
36369. |
35978.
35903. |
35507.
36216. |
35968.
36494. !
36214.
36661. !
36275.
36853. |
36549.
36129. |
35958.
37976. |
37738.
37190. |
36381.
38153. |
36489.
37419. |
35731.
37631.*|
36765.
36707. |
36006.
37170. |
35771.
36557. |
35912.
37404. |
36611.
37973. |
36779.
37735. |
36019.
39275. |
38082.
37043. J
36140.
39714. |
38125.
38231. |
36769.
38286. |
36848.
37386. |
36508.
38100. |
37137.
37534. |
35928.
38030. f
37007.
37828. !
36663.
37431. |
36921.
37654. |
36731.
38635. |
37075.
39064. |
37778.
38306. |
37067.
39069. |
37819.
37070.
38383. |
33723. 1
37418.
38246. |
37548.
38283. |
37650.
38 62 5. |
38021.
38607. 1
37815.
38721. |
38023.
38305. |
37714.
39082. |
38515.
38589. |
37176.

t REQUIRED I NONETARY
| RESERVES |
BASE
|
1
1

I
|
|
|
|
|
|
|
|
|
|
t
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|

1

37860.
37181.
39818.
38022.
37530.
37172.
37151.
36612.
36249.
35639.
36085.
36346.
36426.
36546.
36141.
37671.
37247.
37838.
37236.
37625.
36460.
36771.
36508.
37291.
37747.
37567.
38556.
37270.
39342.
38268.
37933.
37371.
37777.
37543.
37761.
37523.
37318.
37479.
38412.
38941.
37956.
39188.
38064.
38610.
37905.
3803 8.
38475.
38454.
38394.
38153.
3 884 5.
38644.

|
1
!
|
I
|
|
|
|
|
|
|
J
|
|
|
|
|
|
|
|
|
|
J
|
J
|
|
|
I
i
|
|
|
|
1
1
|
I
I
|
I
|
|
I
|
|
I
|
1
I
|

131.4
130.5
132.3
129.7
128.7
129.8
129.7
129.2
128.0
128.9
129.4
129.7
129.6
130.6
130.7
132.3
130.9
132.4
132.9
132.9
131.7
132.5
132.9
133.8
134.1
133.5
136.8
135.1
137.2
135.0
135.2
135.7
136.1
135.2
135.0
136.8
136. 1
135.9
136.2
137.5
138.1
138.5
137.2
137.5
138.9
139.3
139.8
139.6
140.8
140.9
141.9
142.5

TABLE 6
AGGREGATE RESERVES S BORETARY BASS
ADJUSTED FOR CHARGES IR RESERVE REQUIREMENTS
1

SEASCRALLY ADJUSTED

L

_
_r
BCR| REQUIRED I BORETARY
BORROWED | RESERVES |
BASE
RESERVES |
I
»
1
38015. |
140.7
38472. !
37248. I
139.6
38056. |
38080. |
38572. |
140.8
37490. !
38397. |
140.4
38477. |
37389. I
140.9
37499. 1
38037. !
140.6
37104. I
38047. |
140.5
37421. |
140.9
38002. 1
36475. |
37469. |
139.4
37322. !
38145. |
141.2
37032. |
37813. |
140.9
36956. !
37834. |
141.1
141.1
36566. !
37565. 1
37186. !
37665. |
141.6
141.1
37458. |
36986. ]
37001. |
141.8
37792. |
36905. |
37783. |
141.9
37094. |
142.4
38161. !
36531. |
37945. I
142.1
37850. )
142.5
36346. I
37704. |
142.3
36018. ]
35469. |
37613. !
142.8
36611. I
37591. |
143.0
37374. |
142.6
36153. !
143.4
36666. |
37858. |
36267. |
143.6
37702. !
144.3
36739. |
37770. |
36673. |
37651. |
143.7
37133. |
144.5
37948. |
144.7
36845. |
38151. (
37371. |
38027. 1
145.2
37412. !
38033. |
145.2
37388. |
38112. |
145.8
145.9
36906. !
38278. |
146.6
37591. !
38338. (
37368. I
38303. !
146.8
38274. !
146.8
37142. !
36977. |
147.4
38542. !
37571. |
38704. |
147.5
38750. !
148.1
38003. !
148.4
38779. )
38383. |
37530. |
39074. !
148.4
38854. |
148.4
36058. |
149.3
39475. 1
36783. 1
37556. |
39075. !
149.2
37418. (
149.0
38982. |
149.3
37657. |
39416. |
149.2
37392. !
39221. )
149.4
39496. |
37925. !
39536. |
149.7
38613. 1
150.4
38564. |
39598. (
150.6
38913- J
39772. |

1
1
1

1979

l
3... |
|
17... |
24...J
31...|
7... |
14...|
2 1 ...|
28...j
7...f
14...|
2 1 ^..|
28...J
4... |
11...|
18... |
25. .. |
2 ... |
9..-I
16...|
23...!
30...|
6 ... |
13...|
2 0 ... |
27... |
4...|
11 . . . |
18...|
25...|
1 ...I
8 ... I
15...|
2 2 ...|
29... |
5... I
12...|
19...|
26... |
CCT
3... I
10...|
CCT
CCT
17... |
O C T 24...!
C C T 31... !
RCV
7... !
14. . . |
HC?
RCV 2 1 . . . 1
RCV 28...|
5...!
EEC
DEC 12 ... |
DEC 19...!
DEC 26...|

JAR
JAR
JAR
JAR
JAR
FEB
FIB
FIB
FIB
BAR
BAR
BAB
BAR
AIR
AIR
AIR
APB
BAY
HAY
HAY
HAY
HAY
JOB
JOR
JEN
JOR
JOL
JOL
JOL
JOL
AOG
AOG
AOG
AOG
AOG
SEP
SIP
SIP
SEP

10 ...




TOTAL
|
RESERVES |
1
1

39198.
37934.
38976.
38413.
38817.
38316.
38158.
38359.
37558.
38349.
37914.
37980.
37648.
38053.
37614.
J7950.
37896.
38311.
38019.
38107.
37721.
37796.
37951.
37452.
37990.
37853.
38416.
37614.
38315.
38137.
38317.
38174.
38411.
38292.
38708.
38708.
38372.
38739.
38730.
39117.
39320.
39058.
39018.
39834.
39484.
39279.
39521.
39387.
39744.
39902.
40250.
40138.

|
J
|
|
|
(
|
!
|
t
|
|
!
|
|
!
|
|
!
|
|
|
i
1
|
|
|
1
|
|
|
|
!
I
|
I
|
J
I
!
!
|
|
J
|
|
!
(
|
1
!
|

I
I
|
|
I
i
|
1
|
|
|
!
|
|
J
!
|
1
J
|
!
|
|
|
|
|
]
|
|
|
1
!
|
|
|
|
|
!
|
|
!
|
|
|
!
!
!
|
!
!
I
!
|
|
t
|
|
|

ROT SEASORALLY ADJUSTED
TOTAL
|
ROB| REQUIRED 1 BORETARY
RESERVES | BORBOWED | RESERVES 1
BASE
RESERVES
|
1
I
1

40681.
38900.
42063.
40175.
39824.
38708.
37895.
38132.
36891.
37615*
37166.
37696.
37174.
37659.
36637.
38509.
38061.
39078.
37869.
37900.
36917.
37063.
36966.
36620.
37969.
37540.
38878.
36811.
38922.
38572.
38502.
37598.
38044.
37959.
38419.
38248.
37466.
38187.
38820.
39386.
38520.
39822.
38930.
40228.
39218.
38980.
39928.
39240.
40047.
39860.
40787.
40533.

|
|
t
1
!
1
|
!
J
(
!
|
|
|
|
!
!
|
1
!
!
|
|
I
!
|
|
!
|
|
!
|
|
I
!
|
|
!
|
(
|
|
1
1
!
1
!
1
I
1
|
J

1

39498.
38214.
41167.
39252.
38396.
37891.
36841.
37194.
35808.
36588.
36284.
36672.
36092.
36792.
36009.
37550.
37070.
37861.
36381.
36141.
35214.
34736.
35626.
35321.
36645.
35954.
37201.
35870.
37740.
37280.
37556.
36836.
37021.
36573.
37302.
36908.
36236.
36425.
37661.
38272.
37583.
38294.
35970.
37177.
37290.
37119.
38064.
37245.
38228.
38571.
39101.
39308.

!
J
i
|
!
|
|
!
|
I
|
I
!
|
)
|
|
J
|
!
J
!
|
}
|
|
|
1
|
|
|
|
1
|
!
|
I
|
1
!
!
|
1
t
J
!
|
1
!
|
!
|

1

39955.
39022.
41659.
40159.
3S484.
38429.
37784.
37775.
36802.
37411.
37065.
37550.
3709137271.
36481.
38351.
37948.
38928.
37795.
37643.
36900.
36880.
36606.
36542.
37837.
37389.
38232.
36848.
38555.
38586.
38212.
37457.
37745.
37945.
38049.
37843.
37368.
37990.
38794.
39019.
37979.
39838.
38766.
39669.
38809.
38683.
39823.
39074.
39799.
39494.
40135.
40167.

|
I
!
!
|
|
I
|
|
|
|
1
!
|
|
|
|
|
|
!
|
|
|
|
|
|
|
|
1
!
|
|
|
|
|
|
!
|
!
|
1
!
|
!
|
|
1
|
|
|
|
|

143.4
141.5
143.7
140.9
139.8
140.0
139.2
139.5
137.5
139.9
139.4
139.8
138.9
140.4
140.7
142.5
141.0
142.0
142.4
142.3
141.0
141.4
142.4
142.4
143.4
142.6
145.4
144.5
146.2
145.2
145.0
145.7
146.1
145.7
145.3
147.0
146.3
146.5
146.4
147.6
148.4
149.2
147.7
148.5
149.3
149-7
150.6
149.7
150.9
151.9
153.0
154.0

TABLE 6
AGGREGATE RESERVES 6 MONETARY BASE
ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS
SEASONALLY ADJUSTED
TOTAL
RESERVES

JAN
JAN
JAN
JAN
JAN
EEB
EEB
EEB
EEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN




2 ...|
9...|
16...|
23...I
30...|
6 ... I
13...|
2 0 .. . |
27...|
5---|
1 2 ...1

19...|
26...1
2 ...|
9... |
16...|
23...|
30...|
7. . . |
14...|
2 1 -- |
28...1
4...|
1 1 ...1

18...|
25...|

1
1
1

40144. |
40140. I
40151. 1
39746. 1
40023. j
39748. 1
39288. |
40680. 1
40029. |
40136. I
39752. 1
40316. |
39832. I
40523. I
39830. I
39894. I
40475. |
40216. |
40335. |
39664. |
40478. |
39763. |
40766. I
39551. |
40056. |
40146. I

NON—
| REQUIRED
BORRCNED | RESERVES
RESERVES |
38713.
39410.
38924.
38543.
38204.
38990.
38049.
38488.
37969.
37630.
36314.
37316.
37173.
38261.
3744 6.
37618.
37922.
37553.
39004.
38644.
39640.
38639.
40307.
39150.
39660.
39828.

|
|
|
I
I
I
|
|
|
|
|
|
|
|
|
|
I
|
|
1
|
|
1
I
|
|

1
1
1

39592. |
40012. |
39768. I
39620. |
39780. |
39236. |
39340. |
40138. 1
40236. |
39605. 1
39674. |
40136. |
39851. |
40125. |
39672. |
39687. |
40238. |
40056. |
40004. |
39624. |
40195. |
39777. |
40298. |
39412. |
39902. |
39944. 1

MONETARY
BASE

151.0
151.4
151.3
151.1
151.7
151.8
151.2
153.0
152.5
152.8
152.4
153.4
152.8
153.6
152.6
152.5
153.4
153.9
154.2
153.4
154.4
154.4
155.3
154.0
155.1
155.2

11
11
11
11
11

II
II
II
II
II
II
II
11
II
II
II
II
II
II
II
II
II
II
II
II
11
11

II
11
II
II

NOT SEASONALLY ADJUSTED
TOTAL
RESERVES

1
1
1

41338.
41306.
42934.
41770.
41142.
40420.
39011.
40491.
39302.
39463.
38887.
39893.
39 290.
40139.
38960.
39965.
40853.
40849.
40491.
39281.
39865.
39012.
39717.
38430.
39917.
39784.

|
|
|
|
|
|
1
|
|
|
|
|
1
1
|
|
|
|
|
|
|
|
|
|
|
|

NON| REQUIRED 1 MONETARY
BORROWED | RESERVES |
BASE
RESERVES |
1
39907. |
40576. |
41707. |
40567. |
39323. |
39662. |
37772. I
38299. |
37242. |
36957. |
35449. |
36893. |
36631. |
37877. |
36576. |
37689. |
38J00. |
38186. |
39160. |
38261. |
39027. |
37888. |
39258. |
38029• 1
39521. |
39466. |

40786.
41178.
42551.
41644.
40899.
39908.
39063.
39949.
39509.
38932.
38809.
3S713.
39309.
39741.
38802.
39758.
4 0616.
40689.
40160.
39241.
39582.
39026.
39249.
38291.
3S763.
39582.

|
|
J
1
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|

153.3
153.7
154.0
152.1
150.5
151.2
150.0
151.6
149.4
150.7
151.1
151.9
150.7
152.0
152.6
152.8
153.2
152.7
154.2
153.1
153.5
152.9
154.0
153-9
155.2
154.5