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F E D E R A L

R E S E R V E

statistical

rel ease

ts n

f*»L US**. -

For1f<l|eAite Release

H.3

4ft </ -

AGGREGATE RESERVES AND MEMBER BANK DEPOSITS
AVERAGES OF DAILY FIGURES. IN BILLIONS OF DOLLARS

"4'

<V

SEASONALLY ADJUSTED

1

MEMBER BANK RESERVES 1/

OBER 2 8 ,

-f,

DEPOSITS SUBJECT TO RESERVE REQUIREMENT

m
1

Period

Total

Private Demand Deposits

Nonborrowed

Required
Total

Time and
Savings

Total

Net
Interbank

1977

m

|

Other

' *" H

mmmmm^^mmmm

U.S.
Govt.

1976—SEPT.
OCT,
NOV.
PEC.

34.34
34.51
34.85
34.^5

34.27
34.41
34.7P
34.90

34.14
34.29
34.59
34.6b

515.6
520.0
524.9
529.6

343.3
346.2
350.2
355.0

168.7
170.4
170.7
171.4

11.9
12.0
12.8
12.3

156.8
158.4
157.9
159.2

3.6
3.4
4.0
3.2

1^77—JAN.
FE*.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.

34.78
34.40
34.31
34.6b
34.72
34.66
35.35
35.64
35.63

34.71
34.33
34.20
34.61
34.52
34.60
35.03
34.58
35.00

34.51
34.20
34.09
34.49
34.51
34.71
35.08
35.44
35.42

532.5
532.0
535.2
538.4
537.6
544.5
547.7
551.4
552.9

357.3
360.1
361.3
361.4
363.1
367.0
369.2
370.8
372.4

172.5
169.5
171.1
173.4
172.3
173.8
175.8
177.0
176.9

12.6
10.5
11.5
11.5
11.6
11.9
11.6
12.0
11.5

159.9
158.9
159.6
161.9
160.7
161.9
164.2
165.1
165.4

2.7
2.5
2.8
3.6

175.4
177.6

11.7
11.2

163.6
166.4

*U

176.8
177.6
178.0
174.7

11.2
11.6
12.4
10.6

165.6
166.1
165*6
164.1

3.7
2.4

181.7
177.3
178.6

13.7
10.3
11.9

1*6.0
167.0
166.8

3.4'
3.4.

WEEK

1

I

H-

3*7

!3 •. 6!
3.T

ENDING:

1977—AUG.

24
31

35.26
35.74

33.59
34.35

35.23
35.37

550.6
552.9

371.0
371.4

SEPT.

7
14
21
28

35.50
35.89
35.39
35.54

34.86
35.55
34.66
34.83

1

35.27
35.57
35.40
35.31

552.1
551.6
555.5
551.1

371.6
371.6
372.0
373.4

5
12 P
19 P

36.27
35.27
36.45

35.38
34.22
34.59

!
|

35.86
35.02
36.32

560.7
556.7
559.2

375.6
376.0
376.6

OCT.




i

SEE REVERSE SIDE FOR EXPLANATION OF FOOTNOTES.

1*9

$.%
3.tf

*.o

H.3

Page 2

MEMBER BANK DEPOSITS
AVERAGES OF DAILY FIGURES, IN BILLIONS OF DOLLARS
NOT SEASONALLY ADJUSTED
|

DEPOSITS SUBJECT TO RESERVE REQUIREMENTS
Private Demand Deposits

Period
Total

Time and
Savings

Total

Net
Interbank

Other

U.S. Govt.
Demand

1976—SEPT.
OCT.
NOV.
DEC.

514.9
518.9
^22.5
534.6

344.1
346.7
347.6
353.6

167.2
169.5
171.9
177.9

12.0
11.9
13.1
13.0

155.2
157.6
156.7
164.9

3.6
2.8
3.0
3.3

1977—JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.

537.7
528.7
534.0
541.3
535.8
544.5
547.6
548.3
552.1

357.0
358.4
361.7
362 . 3
364.7
367.8
369.5
371.7
373.0

177.8
167.2
169.1
175.0
168.5
173.0
175.6
174.1
175.2

13.3
10.4
11.1
11.3
11.0
11.7
11.7
11.8
11.5

164.5
156.9
1*6.0
163.7
157.5
161.2
163.9
162.2
163.7

2.9
3.1
3.2
4.0
2.5
3.7
2.6
2.5
3.8

WEEK

ENDING:

1977—AUG.

24
31

546.2
547.6

371.9
372.5

171.1
172.8

11.2
11.0

159.9
161.6

3.1
2.2

SEPT.

7
14
21
26

549.5
552.8
555.4
548.8

372.6
372.3
372.1
374.2

174.6
178.4
176.9
170.4

11.5
12.1
12.0
10.2

163.1
166.3
165.0
160.2

2.3
2.1
6.4
4.1

5
12 P
19 P

561.0
556.1
558.7

376.4
377.2
377.2

180.6
176.7
178.8

13.7
10.8
11.8

166.9
16 5 . 8
167.0

4.0
2.3
2.7

OCT.

P - PRELIMINARY
1/
MEMBER BANK RESERVES SERIES REFLECTS ACTUAL RESERVES REQUIREMENT PERCENTAGES WITH NO ADJUSTMENT TO ELIMINATE THE EFFECT OF
CHANGES I N REGULATION D AND M.
2/
TOTAL MEMBER BANK DEPOSITS SUBJECT TO RESERVE REQUIREMENTS, PLUS EURO-DOLLAR BORROWINGS* LOANS SOLD TO BANK-RELATED
INSTITUTIONS f AND OTHER NONDEPOSIT ITEMS.
NOTE: BACK DATA ARE AVAILABLE FROM THE BANKING SECTION, DIVISION UF RESEARCH AND STATISTICS, BOARD OF GOVERNORS OF THE FEDERAL
RFSFRVF SYSTEM, WASHINGTON, D . C . 2 0 5 5 1 .