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FEDERAL RESERVE statistical release
^f^m
H.9(502)

Aggregate Reserves and Member Bank Deposits

OCT* 26,1*79

AVERAGES OF DAILY FIGURES, IN BILLIONS OF DOLLARS
SEASONALLY ADJUSTED
MEMBER BANK RESERVES - l /

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
Monetary

Period

Total

Nonborrowed

Basel/

Required

Private Demand Deposits

Time and
Savings

Total

Net

Total

Interbank

m^mm*^m*mtmmmi^mm

'

38.21
38.38
39.75
41.27

37.15
37.10
39*05
40.40

39.53
41.04

41.48
40.75
40.81
40.65
40.48
40.42
40.82
41.07
41.46

40.48
39.78
39.82
39.73
38.72
39.00
39.65
39.98
40.12

15
22
29

41.01
41.04
41.44

5
12
19
25

1978—SEPT
OCT.
NOV.
DEC.

!

1979—JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.

38.02

136.8
137.8
139.9
142.4

607.0
608.9
616.9
616.7

416.8
418.3
427.5
429.4

186.2
187.2
187.0
185*1

41.26
40.54
40.66
40.47
40.34
40.20
40.61
40.85
41.27

143.4
143.3
143.9
144.5
144.9
145.6
146.9
148.4
150.1

621.1
619.7
616.4
618.6
613.9
613.1
618.7
623.7
630.5

433.5
436.1
434.1
432.0
428.7
425.9
429.4
434.4
439.8

185.6
181.9
180.5
184*7
183.5
184.8
187.5
187.1
188.9

39.99
39.65
40.32

40.71
41.02
41.07

148.3
148.5
149.1

623.8
623.6
623.3

433.9
434.6
435.6

187.2
187.2
186.0

41.41
40.93
41.53
41.73

40.07
39.70
39.77
40.57

41.01
40.83
41.33
41.70

150.0
149.2
150.0
150.4

627.5
631.5
631.0
630.8

436.8
438.3
440.4
441.3

41.87
42.00
42.19

40.75
41.07
40.66

41.51
41.41
42.19

151.1
151.2
151.4

636.2
634.2
641.4

442.2
443.9
445.6

1

1
!

i

Other

9.3

10.2
11*1
9.8

10.0
8.1
9.4
9.9
9.8
8.9

10*3
9.9

11.3

U.S. Govt.
Demand

176.9
177.0
175.9
175.2

4*0
3.5
2.3
2.3

175.6
173.8
171.1
174.8
173.7
175.9
177.2
177.3
177.6

1.9
1.8
1.8
1.8
1.7
2.4

1 .8
2.1
1.8

rtEEK ENDING:

1 9 7 9 — AUG.

SEPT.

OCT.




3
10 P
17 P

i

!

ii

SEE REVERSE SIDE FOR EXPLANATION OF FOOTNOTES.

8.9

178.4
177.4
176.1

2.6

9.7
9.9

188.8
190.1
188.5
188.4

10.2
11.3
11.1
11.3

178L.6
178.8
177.4
177.1

1.9
3.0
2.1
1.2

192.6
188.7
193.8

14.1
10.7
15.1

178.5
178.1
178.7

1.4
1.5
2.0

|

!

l.a
1.6

H.3(502)

Page 2

Aggregate Reserves and Member Bank Deposits
AVERAGES OF DAILY FIGURES, IN BILLIONS OF DOLLARS
NOTSEASONALLY ADJUSTED
|

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS

MEMBER BANK RESERVES jJ
Monetary

Period

1978—SEPT
OCT.
NOV.
DEC.
1979—JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.

Basel/

Nonborrowed

Required

37.81
38.38
39.65
41.68

36.75
37.10
38.94
40.81

37.61
38.22
39.42
41.45

136.2
137.5
140.5
144.6

43.08
40.70
40.22
40.72
40.24
40.10
| 40.92
40.72
1 41.05

42.08
39.73
39.23
39.81
38.47
38.69
39.75
39.63
39.71

42.87
40.49
40.06
40.55
40.10
39.88
40.71
40.49
40.86

141.9
142.3
144.2
144.4
145.6
147.9
148.4
149.4

Total

I

!

Private Demand Deposits

Time and
Savings

Total

605.9
608.4
615.1
624.0

416.6
418.5
425.2
429.6

184.7
186.9
188.0
191.9

627.1
614.3
614.3
621.1
610.9
613.9
619.2
620.4
629.0

433.8
434.2
434.9
432.3
429.8
427.2
429.8
434.1
439.4

191.5
178.2
177.5
186.8
179.2
183.9
187.8
184.5
187.5

Total

|

SEPT.

OCT.

15
22
29

40.73
40.66
41.11

39.70
39.27
39.99

40.43
40.64
40.74

148.8
148.4
148.0

621.6
619.9
618.0

433.6
434.1
435.5

I

5
12
19

39.55
38.96
39.16
40.39

40.49
40.10
40.72
41.52

149.7
149.0
149.2
149.1

623.3
630.3
632.2
625.7

436.7
438.0
439.4
440.8

'

26

40.89
40.19
40.92
41.55

3
10 P
17 P

42.12
41.31
42.57

41.01
40.38
41.04

41.77
40.72
42.57

639.3
634.9
642.8

443.1
445.1
445.9

194.3
188.5
195.4
_ _ _ _ _

P 1/

U.S. Govt.
Demand

Other

9.3

10.1
11.4
10.4
10.6
7.9
9.1
9.7
9.2
8.9

10.4
9.8

11.3

175.4
176.8
176.6
181.5

4.6
3.0
2.0
2.5

180.9
170.3
163.4
177.1
17C.1
175.0
177.4
174.8
176.2

1.9
1.8
1.9
2.0
1.8
2.8
1.6
1.7
2.1

;

i

WEEK ENDING:

1979—AUG.

Net
Interbank

j

150.3
151.2
152.0

|
i

186.2
184.2
181.2
185.3
190.2
189.7
183.2

9.7

177.1
174.6
171.5

1.9
1.6
1.3

8.9
11.4
11.6
10.7

176.4
178.8
178.1
172.5

1.3
2.\

16.6
10.3
14.6

177.8
178.2
180.8

9.0

i
j

9.6

1

1

3.2
1.7

I
!

1.8
1.3
1.6

PRELIMINARY
MEMBER BANK RESERVES SERIES REFLECTS ACTUAL RESERVES REQUIREMENT PERCENTAGES WITH NO ADJUSTMENT TO ELIMINATE THE EFFECT OF
CHANGES I N REGULATION D AND M.
EFFECTIVE NOVEMBER 2 , 1 9 7 8 , A SUPPLEMENTARY RESERVE REQUIREMENT OF 2 PERCENTAGE POINTS WAS
IMPOSED ON T I M E DEPOSITS OF $ 1 0 0 , 0 0 0 OR MORE. T H I S ACTION INCREASED REQUIRED RESERVES APPROXIMATELY $ 3 . 0 B I L L I O N I N THE WEEK
BEGINNING NOVEMBER 1 6 , 1 9 7 8 .
2/
INCLUDES TOTAL RESERVES (MEMBER BANK RESERVE BALANCES I N THE CURRENT WEEK PLUS VAULT CASH HELD TWO WEEKS E A R L I E R ) ; CURRENCY
OUTSIDE THE U . S . TREASURY, FEDERAL RESERVE BANKS AND THE VAULTS OF COMMERCIAL BANKS; AND VAULT CASH OF NONMEMBER BANKS.
NOTE:
BACK DATA ARE AVAILABLE FROM THE BANKING SECTION, 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 THE FEDERAL
RESERVE SYSTEM, WASHINGTON, O . C . 2 0 5 5 1 .




H.3 (502)

Page 3

Aggregate Reserves and Monetary Base
Adjusted for Changes in Reserve Requirements jy
Averages of Daily Figures, in Millions of Dollars
fmmmammmmmmmmmmmmmmm

|

SEASONALLY ADJUSTED
MEMBER BANK RESERVES

Period

NOT SEASONALLY ADJUSTED

j

MEMBER BANK RESERVES

|

Monetary Base
Total

Nonborrowed

Monetary Base

Required

Total

Nonborrowed

Required

40,816
41,397
41,162
41,679

39,756
40,120
40,459
40,811

40,623
41,235
40,940
41,447

43,030
40,704
40,218
40,725
40,238
40,105
40,917
40,716
41,053

42,078
39,731
39,227
39,808
38,473
38,687
39,747
39,631
39,712

42,866
40,495
40,060
40,549
40,097
39,884
40,706
40,495
40,863

148,307
148,543
149,111

40,728
40,658
41,109

39,705
39,272
39,992

40,429
40,644
40,739

148,804
148,424
148,027

1978—SEPT,
OCT.
NOV.
DEC.

41,223
41,399
41,274
41»271

40,163
40,122
40,570
40,403

41,031
41,237
41,051
41,039

139,841
140,777
141,450
142,381

1979--JAN.

41,479

41,264

40,815
40,647
40,481
40,421
40,824
41,070
41,462

40,476
39,781
39,825
39,730
38,716
39,004
39,653
39,985
40,121

40,657
40,471
40,340
40,201
40,613
40,849
41,272

143,400
143,345
143,893
144,486
144,862
145,601
146,936
148,420
150,112

15
22
29

41,012
41,039
41,439

39,989
39,653
40,322

40,713
41,025
41,069

5
12
19
26

41,411
40,929
41,532
41,728

40,071
39,699
39,770
40,569

41,006
40,831
41,335
41,702

150,020
149,216
150,005
150,389

40,895
40,194
40,919
41,546

39,555
38,964
39,157
40,387

40,490
40,096
40,722
41,520

149,675
149,033
149,196
149,102

3
10 P
17 P

41,869
42,004
42,189

40,750
41,066
40,659

41,512
41,410
42,188

151,067
151,224
151,450

42,125
41,314
42,572

41,006
40,376
41,042

41,768
40,720
42,571

150,314
151,249
151,978

MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.

!

1
|
|
1
j
!

j

j
!

139,184
140,535
142,028
144,579
144,429
141,866
142,337
144,190
144,437
145,619
147,927
148,384
149,427

MEEK ENDING:

1979—AUG.

SEPT.

OCT.

1/

|

!

AOUSTED FOR BREAKS IN SERIES DUE TO CHANGES IN REGULATIONS D 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.