The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release ^snss? H.3 (502) For Immediate Release Tabid AGGREGATE RESERVES AND MEMBER BANK DEPOSITS Average of daily figures Member bank reserves 1 Period total nonborrowed required Monetary base2 total millions of dollars NOVEMBER 18 . 1980 i- ' •• ' ' Deposits su6je«!t to reserve requirements v ;pnv3te demand deposits U.S. time and savings totaP|"' ^ f l e t other government inwbank demand billions of dollars seasonal I \f adjusted 1979—AUG, SEPT, OCT. NOV. DEC. 41,110 41,429 42,199 43,057 43,567 40,025 40,089 40,177 41,151 42,095 40,888 41,238 41,927 42,812 43,126 148.6 150.0 151.5 152.8 153.8 625.4 631.5 638.2 641.9 644.4 436.3 441.7 446.6 450.1 451.1 187.0 188.1 189.8 190.0 191.5 12.2 13.3 15.1 14.7 15.4 1980—JAN. FEB. MAR. APR. MAY JUNE JULY AUG. SEPT. P OCT. P 43,441 43,350 43,669 44,846 44,446 43,959 42,781 40,745 41,536 41,742 42,200 41,695 40,846 42,391 43,427 43,580 42,386 40,087 40,225 40,432 43,191 43,139 43,483 44,649 44,268 43,756 42,497 40,450 41,272 41,521 154.7 155.6 156.6 157.9 158.5 158.9 158.8 158.2 159.5 160.9 643.7 647.2 649.1 655.4 656.8 658.0 658.5 667.8 678.2 684.5 451.9 454.4 457.9 464.2 467.7 467.9 467.0 474.2 482.0 486.6 189.5 190.9 189.4 188.7 187.3 188.4 189.1 191.5 194.5 195.5 P P P P P 41,912 41,531 41,320 41,881 41,939 40,039 40,283 40,213 40,678 40,499 41,534 41,137 41,107 41,813 41,858 160.7 160.1 160.4 161.2 161.6 677.6 682.7 684.4 685.7 686.1 483.7 485.0 486.7 486.8 488.5 5 P 42,693 40,815 42,102 162.4 685.2 1979—AUG. SEPT. OCT. NOV. DEC. 40,715 41,054 42,280 42,997 44,020 39,630 39,713 40,258 41,092 42,547 40,494 40,862 42,007 42,753 43,578 148.4 149.4 151.3 153.5 156.3 1980—JANFEB. MAR. APR. MAY JUNE JULY AUG. SEPT. P OCT. P 45,179 43,177 43,096 44,880 43,963 43,472 42,859 40,370 41,182 41,719 43,938 41,522 40,273 42,425 42,945 43,092 42,464 39,711 39,871 40,408 44,928 42,966 42,910 44,683 43,785 43,268 42,575 40,074 40,919 41,498 P P P P P 42,257 41,177 41,172 42,179 42,011 40,384 39,929 40,065 40,976 40,571 5 P 42,623 40,745 174.8 174.7 174.7 175.3 176.1 2. 1 1.7 1.7 1.9 1.8 13.6 14.5 15.6 17.2 17.1 16.9 16.6 14.4 15.9 16.5 176.0 176.4 173.9 171.5 170.2 171.5 172.5 177.1 178.6 179.1 2.3 1.9 1.8 2.4 1.8 1.7 2.5 2.1 1.8 2.4 192.4 195.1 194.6 196.9 195.8 15.6 15.9 15.6 17.2 17.2 176.9 179.2 179.1 179.7 178.5 1.5 2.7 3.0 2.0 1.9 487.0 196.0 16.4 179.6 2.3 620.4 629.1 637.8 642.2 652.6 434.2 439.5 445.7 449.2 452.0 184.5 187.5 190.5 191.3 198.6 12.0 13.3 15.1 15.2 16.0 172.6 174.2 175.4 176.2 182.6 1.7 2.1 1.6 1.7 2.0 155.9 154.0 154.9 157.5 157.8 158.6 159.6 158.0 159.0 160.6 652.1 643.9 648.0 657.7 651.5 656.9 658.2 662.5 675.6 684.0 454.6 455.8 460.6 464.7 467.7 467.4 466.0 471.8 479.6 485.7 195.4 186.2 185.5 190.4 182.1 187.2 190.0 189.0 193.9 196.3 14.5 14.3 15.2 16.8 16.2 16.6 16.8 14.2 15.8 16.5 180.9 172.0 170.4 173.6 165.9 170.6 173.2 174.8 178.1 179.8 2.1 1.8 1.9 2.6 1.7 2.3 2.2 1.7 2.1 2.1 41,879 40,783 40,959 42,111 41,930 159.4 160.3 160.6 161.0 160.2 674.7 684.5 684.3 684.4 682.9 482.2 484.4 485.8 485.6 487.3 190.7 197.4 196.2 197.1 194.0 15.4 16.6 14.9 17.2 16.9 175.3 180.8 181.2 179.8 177.1 1.7 2.7 2.4 1.8 1.6 42,032 162.0 687.0 485.5 | 199.3 17.5 181.7 2.2 . WEEK ENDING: 1980—OCT. 1 8 15 22 29 NOV. not seasonally adjusted WEEK ENDING: 1980—OCT. 1 8 15 22 29 NOV. See reverse side for exptanation of footnotes. H.3 Table 2 AGGREGATE RESERVES AND MONETARY BASE Adjusted for changes in reserve requirements3 Averages of daily figures Member bank reserves required Period total I non borrowed millions of dollars seasonal Iy adjusted Monetary base total billions of dollars Member bank reserves | non borrowed required millions of dollars not seasonally adjusted Monetary base billions of dollars 1979—AUG. SEPT. OCT. NOV. DEC. 38,414 38,696 39,289 39,439 40,047 37,329 37,356 37,267 37,534 38,575 38,192 38,505 39,017 39,195 39,606 145.9 147.3 148.6 149.2 150.2 38,037 38,337 39,376 39,388 40,490 36,951 36,996 37,354 37,483 39,017 37,315 38,145 39,104 39,144 40,048 145.7 146.7 148.4 149.9 152.8 1980—JAN. FEB. MAR. APR. MAY JUNE JULY AUG. SEPT. P OCT. P 40,015 39,956 40,066 40,124 40,116 40,078 40,177 40,717 41,507 41,717 38,774 38,301 37,243 37,669 39,098 39,699 39,783 40,059 40,196 40,406 39,764 39,745 3S,880 39,927 39,938 39,875 39,893 40,422 41,244 41,496 151.3 152.2 153.0 153.2 154.2 155.1 156.2 158.1 159.5 160.9 41,715 39,761 39,482 40,148 39,655 39,595 40,267 40,342 41,154 41,693 40,474 38,106 36,659 37,693 38,637 39,216 39,872 39,684 39,842 40,383 41,464 39,550 39,296 39,951 39,478 39,39 2 39,983 40,046 40,890 41,472 152.5 150.5 151.3 152.8 153.4 154.7 157.0 158.0 158.9 160.6 P P P P P 41,887 41,505 41,295 41,856 41,914 40,014 40,257 40,188 40,653 40,474 41,509 41,111 41,082 41,788 41,833 160.7 160.1 160.4 161.2 161.6 42,233 41,151 41,147 42,154 41,987 40,360 39,903 40,040 40,951 40,547 41,855 40,757 40,934 42,086 41,906 159.3 160.2 160.6 161.0 160.1 5 P 42,670 40,792 42,079 162.3 42,600 40,722 42,009 162.2 WEEK ENDING: OCT. NOV, 1 8 15 22 29 P - PRELIMINARY 1/ MEMBER BANK RESERVES SERIES REFLECT ACTUAL RESERVE REQUIREMENT PERCENTAGES WITH NO ADJUSTMENT TO ELIMINATE THE EFFECT OF CHANGES IN REGULATIONS D AND M. EFFECTIVE OCTOBER 11, 1979, AN 8 PERCENTAGE POINT MARGINAL RESERVE REQUIRMENT WAS IMPOSED ON "MANAGED LIABILITIES". ON OCTOBER 25, 1979, RESERVES OF EDGE ACT CORPORATIONS WERE INCLUDED IN MEMBER BANK RESERVES. THIS ACTION RAISED REQUIRED RESERVES $318 MILLION. EFFECTIVE MARCH 12, 1980, THE 8 PERCENTAGE POINT MARGINAL RESERVE REQUIREMENT WAS RAISED TO 10 PERCENTAGE POINTS. IN ADDITION THE BASE UPON WHICH THE MARGINAL RESERVE REQUIREMENT IS CALCULATED WAS REDUCED. THIS ACTION INCREASED REQUIRED RESERVES ABOUT $1,693 MILLION IN THE WEEK ENDING APRIL 2, 1980. 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 IN THE WEEK ENDING JUNE 18, 1980. 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. 2/ INCLUDES TOTAL RESERVES (MEMBER BANK RESERVE BALANCES IN THE CURRENT WEEK PLUS VAULT CASH HELD TWO WEEKS EARLIER); CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AND THE VAULTS OF COMMERCIAL BANKS; AND VAULT CASH OF NCNMEMBER BANKS. 3/ RESERVE AGGREGATES SERIES HAVE BEEN ADJUSTED TO REMOVE DISCONTINUITIES ASSOCIATED WITH MARGINAL RESERVE REQUIREMENTS, THE INCLUSIONS CF EDGE ACT CORPORATION RESERVES, AND OTHER CHANGES IN REGULATIONS D, K, AND M. HISTORICAL DATA AND A DESCRIPTION OF THE ADJUSTMENT PROCEDURE ARE AVAILABLE FROM THE BANKING SECTION, DIVISION OF RESEARCH AND STATISTICS, BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, WASHINGTON, D.C. 20551.
@FedFRASER