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DERAL RESERVE statisticql release f£iU4-AsJLJ> OCT 1 4 iood FEDERAL RESERVL OF RICHMOND Member bank r e s e r v e s 1 / I'eriod Total For immediate r e l e a s e October 11, 1968 l(£G RE GATE RESERVES AND tCMBER BANK DEPOSITS r a g e s of d a i l y f i g u r e s , in b i l l i o n s of d o l l a r s ) Seasonally adjusted Nonborrowed 196/--August September October November December 24.63 24.79 25.12 25.28 25.15 24.59 24.72 25.02 25.14 24.85 1969 -January February March April May June July August p Sept. p 25.50 25.77 25.81 25.62 25.71 25.82 25.92 26.43 26.40 25.19 25.40 25.14 24.94 24.98 25.12 25.43 25.92 25.95 r r D e p o s i t s s u b l e c t t o r e s e r v e r e q u i r e m e n t s 2/ P r i v a t e Demand Dec o s i t s 3/1 Time and U.S. Govt. Net I n t e r b a n k Other Demand Savings Total Required Total 24.23 24.48 24.81 24.95 24.91 266.1 268.4 270.8 272.9 273.2 144.6 146.3 147.4 148.6 149.9 117.5 117.6 118.2 118.7 118.6 25.15 25.39 25440 25.28 25.24 25.44 25.60 26.05 26.16 274.7 277.0 278.0 276.9 277.3 278.8 280.9 285.9 288.0 149.9 150.2 151.2 151.3 151.5 151.8 153.8 156.5 159.0 119.4 119.7 120.1 120.4 122.1 123.2. 124.3 124.6 123.7 8.7 8.7 8.7 8.7 8.7 108.8 108.8 109.5 110.0 109.9 4.0 4.5 5.2 5.6 4.6 8.8 9.0 9.0 9.0 9.3 9.9 10.1 10.0 10.0 110.6 110.7 111.1 111.4 112.8 113.3 114.3 114.6 113.7 5.4 7.1 6.7 5.2 3.7 3.9 2.7 4.8 5.3 - p - Preliminary. \f Data on member bank r e s e r v e s p r i o r t o J a n u a r y , 1968 a r e a d j u s t e d t o e l i m i n a t e e f f e c t s of changes in r e s e r v e r e q u i r e m e n t p e r c e n t a g e s . For c o m p a r a b i l i t y w i t h p a s t d a t a , September f i g u r e s r e f l e c t r e q u i r e d r e s e r v e s based on c u r r e n t d e p o s i t s t h e method of c a l c u l a t i n g r e q u i r e d r e s e r v e s t h a t was in e f f e c t p r i o r t o September 12. Under t h e r e v i s e d R e g u l a t i o n D, r e q u i r e d r e s e r v e s h e n c e f o r t h , w i l l be based on a v e r a g e d e p o s i t s w i t h a two week l a g . 2! Components may not add t o t o t a l s due t o r o u n d i n g . 3/ P r i v a t e demand d e p o s i t s i n c l u d e a l l demand d e p o s i t s except t h o s e due t o U.S. G o v ' t , l e s s cash items in p r o c e s s of c o l l e c t i o n and demand b a l a n c e s due from d o m e s t i c commercial b a n k s . NOTE Ba k d a t a a r e a v a i l a b l e on r e q u e s t from t h e D i v i s i o n of Research and S t a t i s t i c s , Board of Governors of t h e I n d e r a l Reserve System, Washington, D. C. 20551