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FEDERAL RESERVE statistical release
H.J

F o r - at 4:30 Eatem Time

(~2)

Table 1

HOV~ft8£i

28, 1966

AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE
Adjusted lor changn In ,_,... requl-nte'
A..rages ot dally ftiJUfel, Maeonally ed)ulled un'"' noted otlllrwiM
Millions of dollare
Dele
----·----

1 1 - . of depoaltory lnalltutlona
required
nonborrowed
nonborrowed plus
extended credlt 1

excess
NSA'

Monetary b8M1

44,<!411
411,11117
45,612

IIJ,056
4.J, lOb
114,.!94

4J,btl5
!i.J,b37
'14,193

43,491
43,919
4'1,554

753
9..!8
1,058

..!1J,5C>b
215,2:0J
216,7<!1

45,881
46,J70
4&,81>5
47,.!75
48,571
119,445
50,489
51,J18
51,809
5..!,401

'15,1.11
115,486
4&,104
41>,J83
47,701
46,o42
49,7!18
50,4116
50,801
51,560

115,&06
45,9711
4&,1>..!..!
117,017
'ill,.l65
50,1..!1>
50,911
51,371
5.l,OS7

44,771
45,272
45,9&8
4o,474
47. 7J9
48,514
49,579
50,579
51,083
51,655

1, 111
1,097
896
801
838
931
910
740
726
746

218,404
219,788
221,:.to2
222,359
4!24,904
.l26,6J1
228,300
230,5117
231,6J4
4!33,4.J9

.l2

51, 9&:.!
5..!,344

51,0&0
51,574

51,598
52,01>1

51,302
51,593

660
751

5 p
19 P£

54!,8110
53,71&

51,982
!>..!,90&

52,4!>8
!>3,342

5.l,067
52,788

813
928

l'j8'J--·ucT.
Jj\)

total'

v.

.JEC.

1911b--J.lll.
FEB.
ll.l B.
Al'R.
SAY

JUIE
.lULl'
AUG.
SEPT.
OCT. p

11!1, 11.l

Borrowlnga of depository lnalltutlona
from the Federal fie_...., NSA
total
Maaonal
extended credit
112
1, 1117
o29

1, 741
1,3111

107
56

530
499

170
884
761
893
876
80J
741
1,008
841

36
56
68
73
94
108
116
144
137
99

497
492
518
634
584
5.)1
378
465
570
497

232,448
..!33,353

902
711

125
88

538
488

234,4!>2
235,715

899
811

93
68

1176
IIJ7

an

TIIO WEEKS
EHIJ..I.IG

--------1981>-0CT.
lOY.

8

P---PBELiftlHABI
PB--PRBLiftii.lBI ESTISATE
1/ BES~BJES AID ftOIBT.lBI B.lSE FIGURES IICOBPOB.lTE .lDJOST!EITS FOB DISCOIITIKUITIBS .lSSOCllTED WITH THE l&P~SEIT.lTIOI OF THE
80~ET.lil COITNOL .lCT .liD OTHER REGUL.lTOBJ CH.liiGES TO RESERJB BEUUIREREKTS. TO lDJUST FOB DISCOIIT..I.IUITIES DO£ TO CHliGBS II
~~~~RVB BEQUitiEftEHTS OH BESEBVABLE IIOIUEPOS..I.T L..l..lBILITIES, THE SOB OF SUCH iEUUliED RESEBVES .li£ SOBTM.lCTBD FROB THB lCTO.lL
SXk..I.BS. SiftiL.lRLJ, IH .liJJUSTlllb FOR D..I.SCONT..I.NUIT..I.ES IN THE ftOHETlBJ B.lSE, BEQUIBBD CLElBIIIG B.lL.liiCES liD lDJOSTIIITS TO
CO!PEISATE FOH FLOAT ALSO ABE SUBTB.lCTED PRO! THE ACTUAL SERIES.
21 l'OJ.AL BIISERVE!i ROT AOJUST~D POii. DISCOII'liiOl'f..I."S COHS..I.STS OP BBSEBJI BlL.liCES liTH FEDERAL RISEBJB Bli&S (IIHICH IICLODE
BEUUIBKU CLB.luiiiG BlLANCRS lNP ADJOST!BITS TO CGBPEIISlTE FOR ~LOlTJ PLUS J.lOLT ClSH USED TO SlTISFJ BISERJE BEQUIB&IEITS.
SU~II J.lULT ClSH COISISTS OP .lLL JlOLT C.lSB H~LD DOBIIIG THE LAGGED COftPUT.lTIOI PBBIOD Dl liSTirUTIOIS H.lJliG BBQOIBBD 'ESJBJI
B.lL.liCES lr PEDER.lL BES&BJE BAII&S PLUS THE lftOUIT OF Y.lU~T CASK IQUlL TO BEQUIIBD RESEiJBS DOBIIG THI BlliTEI.liCE PEl OD lT
INSTITUTIOIIS HlVIIG 10 aEQOIRED BESEBJB BALAII~~S.
l/ ElTEIDED CREDIT COISISTS OF SOBiOIIIG lT THE lllSCOOIT IIIDOI UIDII THE TEBBS .liD COIDITIOIS BSTliLISMBD lOB TBI IXTIIDID
CREDil PBOGR.lft TO HE~P D~POSllOWI IIISTITOTIOIS DElL WITH SOSTliiiD LIQUIDITY PBBSSOIIS. 6BC.l0S& T&IBI IS lOT THI Slai-IIID TO
REI.' AI SUCH BOBROIIIIG PBOBPTLI .lS TBEB~ IS lf!TH TlllDIT...I.Oll.lL SIIOBT-TIB II lDJUSTftBIT CRllDll'i,i>~ . . a t cl.t.aHS IIJ&CT·>OF. UHIDBD
CREDIT IS SiftlLlB TO TH.lT OF IOIIBOBBOIIED RESEBYES.
II/ BESEBJ£ B.lLliCES liTH PBDEh.lL W~SEBYE BAI~S ~LUS YlOLT ClSB USED TO SlTISFJ RESEBJE B&QUII&BBITS LESS BEQOIIID BISEBJES.
5/ THE ftUIBTlRI IllS£ lOT ADJUSTED POl DISCOITIHO..I.T..I.BS ~OIISISTS OP TOT.lL RKSERYES PLUS REQUII~D CLE.lBIIG B.lL.liCBS .liD lDJUSTaBITS
TO COftP61SlTE lOB FLOlT .lT PBDEBlL BESEBYE B.liKS PLUS THE CURBEICI CO!POIEIT OF THE BOIEI STOCK LISS THE lftOOIT OF J&IILT ClSB
HOLDIIGS OP THRIFT INSTITUTIOIS TB.lT IS IKCLOU~Il 11 THE CUBREICJ CO!PONEIT OP THE NOlEt srOCA PLUS, POl IISTITOriOIS lOT H&JIIG
BBQUIRED R~SEHY& B.lL.lliC~S, Til~ EXCESS OF CUBBEIIT J.lOLT C.lSH OYER THE lftOUIT APPLIED TO SlTISFJ CUBBIIT IESEBJE IIQOIBBBIITS.
AP~EB THE IITBODUCTIOI OP CRB, CUBBBICI AND Y.lULT C.lSH FlGUBES ABE IIB.lSUBED OJEB THE BOID.lJ-EIDIIIG COBPUTlTIOI PIBIOD.
PRIOR TO CBR, .lLL CO!POIIEMTS OP THE ftONETARY HASB OTHER THAll BlCESS BBSEBVES ABE SE.lSOI.lLLI ADJUSTED lS l IHOLB, llTKII TB.ll
Ill COBPOIIEHT, lliD .lllC..:SS lr.~SEBU:S IS ADDED OR .l IIO'l SEASONALLY Ao.JUSTEO BASIS. APTIB CII.B, Til~ SE.lSOI.lLLI lDJOSTED SEBIIS
CONSISTS OP SE.lSONALLI .lDJUSTEIJ TOTAL IIESEHVES (WHICH ..I.IICLUDES BlCESS RESERVES 011 A NOT SllSOI.lLLI ADJUSTED BASIS) PLUS THE

.lD.JUSl'ED CU;sBEMCY COIIPOIEHl' OF TH~ liONEl STOCK PLUS TBE IIEIIAININ!> !TEllS SEASOHALLI .lDJOSl'Bil .lS .l lfBOLE.
http://fraser.stlouisfed.org/ NOT<::SUSOI.lLL¥
H..I.STuBICAL D.lTl .lB£ AVAILABLE /ROll THE liANKING SEI..'UUN • Ill VI SIOH UP II<: St;UCII ANO STAT Lo fiCS. HOAIIU OP tlOVfo:ANORS OP THK
Federal Reserve Bank of St. Louis

H.3 (502)
Table 2

AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE

Not adjusted for changes in re!!!'rve requirerll_ent~}
Averages of da1iy f1gures, not seasonally adjusted
Millions of dollars

Monetary
bas.,..

Date
total

non borrowed

required

total

required

surplus•

------------------------r-----------r---------~----------~----------~----------~------------~~~~s~e~~e~s~· --~---------+

1985--0CT.
JOY.
DEC.

45,1169
46,J82
118,142

411,282
411,641
166,824

44,716
16!>,11!>16
167,085

.216,192
218,96.2
22J, 534

25,431
26,385
27,620

22,7:.l16

22,1157
22,956

.20,038
19,997
.20,52.2

2,686
2,460
2,434

1986--JAH.
P.t.:B.
IIlii.
APR.
IIA I
JU II.&
JULI
AUG.
SEPT.
oct. p

48,060
46,652
47,.<.74
48, Utl2
4 8, 419
49,':1.:18
51,0.19
51,.177
!>3,189
54,623

47,289
4!>,768
46,!) 1J
47,989
47,543
49,135
50,288
50,405
52,180
!>.:1,782

46,949
45,55!>
46,37/J
118,0111
41,5111
49,007
50,118
!>0,!>38
5.it,4b.:l
53,1178

221,588
219,5611
.121, 703
2.24,879
226,118
2.:.!9,676
232,546
2JJ,J15
235,06 7
.2.:11,251

26,373
24,701)
27,1111
28,892
.28,179
29,499
30,313
JO, 165
31,922
32,947

211,245
24,9o.2
22,61111
22,2.:11
22,474
22,805
23,098
23,451
23,31111
23, 75.J

21,687
21,952
.20,160
19,990
.20,140
.20. 4J9
20,716
21,11.2
21,2b7
21,67o

2,559
3,010
2,5.28
2,241
2,334
2,366
2,381
2,339
2,117
2,077

..l2

53,946
54,921

53,045
54,151

5.:1,287
!>4. 170

..o!J5,506
238,244

32, 156
33,007

24,015
23,955

21,790
21,914

2,225
2,041

90
-26

5 p
19 PE

54,762
56,510

53,863
55,700

53,949
5!>,58.:1

237,.278
2•H,642

33,557
.:14,952

23,2011
23,405

..l1, 205
21,558

2,003
1,847

119
-1

TiiO IIEEKS
ENDlllli

--------1986--0CT.
lOY.

8

P--- PBELIIIIJA Bl
PE--PRELIIIIMARI ESTIIIATB.
1/ R.t.:PLBCTS ACTUAL RESEBYE R.&UOIIEIIEJTS, IICLUDIMG THOSE OJ JONDEPOSIT LIABILITIES, WITH 10 ADJOSTIIBITS tO BLIIIIIATB
THE EPPXCTS 0~ OISCOHTIMOITIES ASSOCIATED IIITH IIIPLEIIENTATIOI or THB IIOHETAIII CONTROL ACT Oil OTHBM BBGU~ATOBI
CHAIG.t.:S TO BBSBIIYB RBQUIB.t.:IIBITS.
2/ COISISTS OF TOTAL BES~RYBS PLUS REQUIR.t.:D CLEAIIIIG BALANCES AID ADJOSTIIEHTS TO COIIPEISATB roa ~LOAT AT PIDBIAL BBSBBYB
BAlKS P~US TH.t.: CURREICI COIIPOI.t.:IT or THE IIOII.t.:l ~TOCI LESS THE AIIOOIT OP VAULT CASH HOLDIIGS 0~ THIIPT IMSTITUTIOIS THAT
IS li~LUU&D II TKE CURBEICY COftPONBIT or ~HE ftONBJ STOCK PLUS, POB IISTITUTIOIS ftOT HAYIIG MI~UIBBD BBSBHYB 8ALAICES. THI
EXCESS or COHHEIT YAU.X CASH OVBB THE ABOOIT APP~IED TO SATISPI COIBEMT RBSBRYI R.t.:QOIBBIIENTS. AFTBR THE INTBODOCT~OI OF
CRH, ~URRBICI AND VAULT CASH PlliORBS ABE ftBA~UH80 OVEB THE IIOHDAI-EID~IG COIIPOTATION PEH~OD.
l/ BlCLOUAS BEQOLRED CLBARllli BALAICES AID ADJOSTII8~TS TO COBPBNSATB POB PLOAT.
-1 DATKS BEPEB TO THE IIAliTEMAICE PKRIODS IN •HI~H THE VAULT CASH ClJ BE US!D TO SATISPJ RBSERVI IIQUIIEIIBITS. OIDB8
COITBIIPOBAIEOUS IIESEBY~ B£QUIREIIENTS 1 IIAIITEIANCK PERIODS BIID 30 DAIS APTER THE LAGGBD COftPUTATIOM PERIODS
11 iHlCU THE BALANCES ARB HELD.
5/ EQUAL TO ALL VAULT CASH HELD DORIIG TRI LAGIOED COIIPOTATION PERIOD Bl INSTITDTIOIS HAYIIG BBQUIRED BBSKBYB 8ALAICIS
AT FEDERAL RBSBBVB BANKS PLUS THE AftOUNT or VAULT CASH EQUAL TO IIQUIRBD RESERVES DOR~IG THE 8A!NTIIANCI PERIOD AT
IISTITUTIOJS HAYING NO 8&QUldBD RBSEIIYE BALAI~~S.
6/ TOTAL VAULt CASH AT INSliTUT!OH~ HAVIIG NO BE~U!MED RHSERYE BALAICBS LESS THE AIIOUNT or VAULT CASH &UDAL TO THB~8
BBQUIH~D RESEHYES DORING TH.& ftAlNTENANCB P!BluD.
11 COIISI::i'l!; OP CAIIBIOYI!R OIL I AT DEPOSlTOllJ IIISTU'UTlOIIS IIAIITAIIIIG RBSERY BS 01 THE BASIS OP 1:110-IIEEK IIAIKTEIAICI
BE~LECTS ElCASS (+) OB QBFIClT (-) W.t.:SERV&S ELIGIBLE TO BE CARRIED FORIIABD IIITO THE TIIQ-II~EK RESEBYE
PERIODS.
IIAlMTENAbCE P~RIOD ENDIIG ON ThE DAtE SHONN.




H.3 (502)

Table 3

AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE
Adjusted for changes in reserve requirements 1
Averages of daily figures, not seasonally adjusted
Millions of dollars
Date
total

Reserve• of depository institutions
nonborrowed

Monetary baH
required

~~.207

~J,o;w
ltJ,.J~l

~3,4516
16~,1516

.:.ll.J,J57

165,082
~6,839

45,520

~5,

781

.:.l~O,Jo2

'167,113
45,6816
46,338
167,936
47,712
49,198
50,319
50,622
51,546
52,341

~b,316:l

166,002
416,56 7
165, 4162
47, 1J5
46,874
48,267
49,409
49,8d2
50,821
51,596

~1d,7161

416,800
45,57S
47,01616
4o,d.Jo
48,395
49,578
49,749
50,5Jd
51,500

230,019
2.JO, 755
l.J1, 512
233,0.J9

24!

51,709
52,608

50,d07
51,637

51,049
51,857

2.11,310
233,99d

5 p
19 PB

52,490
54,250

51,591
53,440

51,676
53,322

J.J.J,OJ:.t
~31 ,407

19ij5--0C7.
MOV.
DBC.

.

1966--J u.
FEB.
dlB.

l.PJi.
flU

JUHE
JULY
AUG.
SEPT.
OCT. .P

~lo,O.Jd

4!16,7dl6
~1tt,9d5

J.:u., 13 4
22J,oOd
~21,031

7110 IIIE~KS
.EHD.IHG

--------1986--0CT.
8
HOY.

P--- !>BEJ.IJillUJiY
.P~--~HALlftiHAMY

1/

FIGURXS

BS7.IdATE.

R~FL~T ADJUS7S~HTS

AID OIHBi BBGULATOBY




CH&IG~

FOB DlSCOMTIIOITiiS ASSOCIATED WITH THB
~0

~BS~BVi ~BQUia~IE17S.

IdP~BftBITlTIOM

OP THE

dOMiTA~I

COHTBOL ACT