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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