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April 1996 RESERVES OF DEPOSITORY INSTITUTIONS These tables of historical reserves series and the monetary base incorporate the adjustments for breaks in series resulting from the January 1996 indexations of the low reserve tranche and the reserve requirement exemption levels, and the annual re-estimates of seasonal factors. The break adjustments for the indexations of the low reserve tranche and exemption levels employ the procedure adopted in 1989. The actual January 1996 low reserve tranche is slightly lower than that estimated in early 1995, while the actual 1996 exemption level is slightly higher. On net, the 1995 data for break-adjusted reserves and the monetary base were revised upward by less than $20 million. Table 1 (monthly) and Table 4 (weekly) present data on reserves measures and the monetary base adjusted to remove discontinuities caused by regulatory changes in reserve requirements and by indexations of the tranche and exemption amounts. These data are shown on both a seasonally adjusted and not seasonally adjusted basis. (weekly) Table 2 (monthly) and Table 5 contain data on reserves measures and the monetary base not adjusted for discontinuities; these data are shown only on a not seasonally adjusted basis. Other items, not adjusted for discontinuities caused by changes in the reserve requirement structure and by indexations of tranches and exemptions, Table 3 (monthly) and not seasonally adjusted, and Table 6 (weekly). are shown in These items include reserve balances at Federal Reserve Banks, vault cash of depository 2 institutions (dates refer to maintenance periods in which the vault cash can be used to satisfy reserve requir e m e n t s ) , and borrowing of depository institutions from the Federal Reserve. All weekly data' are for weeks ended on W e d n e s d a y s . Current data, along with the definitions of each series, are published each week on the Board's H.3 release, "Aggregate Reserves of Depository Institutions and the Monetary B a s e " . The historical data on reserves measures and the monetary base are available on a floppy diskette for a fee of $25 per diskette from the Federal Reserve B o a r d ’s Publications Section, mail stop 127, Board of Governors of the Federal Reserve System. Washington, DC 20551, (202) 452-3245. The historical data for reserves measures and components are also available from the Economic Bulletin Board of the U.S. Commerce Department. Call (202) 482-1986 for information on how to access the Commerce bulletin board. Please n o t e : To make this publication consistent with the two-week reporting cycle of reserve measures instituted in February 1984, Tables 4 through 6 show only bi-weekly data after February 1, 1984, but weekly data are presented before February 2, 1984. Details of the Procedure Used to Adjust for Discontinuities Caused by Changes in Reserve Requirements Changes in reserve requirements have occurred in association with: (1) regulatory actions affecting Regulations D, J, K and M; (2) the transitional phase-in of required reserves under the Monetary Control Act of 1980 (MCA); (3) the initial implementations of the low reserve tranche on transaction deposits and the exemption amount for reservable liabilities, pursuant to the MCA and the Garn-St Germain Act of 1982, respectively; and, (4) the annual indexations of the low reserve tranche and the exemption 3 amount for reservable liabilities'*'. The break adjustments for (4) are carried out using the method discussed in the next section. The adjustment for discontinuities in historical data caused by regulatory changes in required reserves is based on a multiplicative procedure for estimating required reserves that would have prevailed in past reserve maintenance periods had current reserve requirements been in effect. Thus, break adjustments for reductions in required reserve ratios, such as the reduction of the ratio against net transaction deposits from 12 percent to 10 percent on April 2, 1992, are undertaken as follows: 1. For the periods in which reserve requirements against transactions deposits are changed, required reserves are calculated using both the old and the new structure for each of the six entity types--large banks, small banks, thrifts. Edges, U.S. branches and agencies of foreign banks, and FR2900 quarterly reporters. For data before 1991, the first two entity types are classified according to member banks, and nonmember banks. 2. A break adjustment factor for each entity type is calculated to equal the ratio of "new" required reserves to "old" required reserves estimated in the previous step. This factor times actual required reserves for all periods prior to the change in the reserve requirement structure yields break-adjusted required reserves. 3. Going back through time, actual required reserves are adjusted through multiplication by additional break factors, each arising from changes in required reserve ratios. This procedure is performed bi-weekly back to February 2, 1984, when contemporaneous reserve requirements (CRR) were introduced, and weekly prior to that date. 4. Break-adjusted required reserves against transactions deposits for each entity type are then added up to form total break-adjusted required reserves against 1. The Monetary Control Act of 1980 established a reserve ratio of 3 percent against the first $25 million in transaction deposits (low reserve tranche) at each depository institution. Since 1982, the low reserve tranche has been indexed each January by 80 percent of the previous year's (June 30 to June 30) growth rate of net transaction deposits at all depository institutions. Under the Garn-St Germain Depository Institutions Act of 1982, the first $2 million of reservable liabilities of each depository institution are exempted from reserve requirements. Since 1983, this exemption amount has been indexed each year by 80 percent of the rate of increase in total reservable liabilities at all depository institutions over the preceding year (June 30 to June 30). Both of these indexations take effect each year in the reserve computation periods containing January 1. 4 transactions deposits. Monthly averages are derived from the weekly or bi-weekly data on a pro rata basis. 5. 6 . 7. Discontinuities associated with reserve requirements on certain obligations of domestic affiliates and ineligible acceptances (finance bills) are adjusted by subtracting the estimated sum of such required reserves from the actual series, prior to CRR. After CRR, required reserves on obligations of domestic affiliates and on finance bills with original maturity with the reporting institution less than 7 days, which are estimated to be very small, are included in the adjusted series, as such required reserves are no longer reported separately, but as part of required reserves against transactions deposits. In adjusting for discontinuities in the monetary base, service related balances and adjustments--that is. required clearing balances and adjustments to compensate for float--also are subtracted from the actual series. Required reserves against nontransaction deposits are deleted from the break-adjusted series, because of a zero percent required reserve ratio against these deposits, effective December 1990. Details of the Procedure Used to Adjust for Discontinuities Caused by Indexations of Tranches and Exemptions The break adjustment for each indexation of the low reserve tranche or the exemption continues to employ the technique adopted in 1989. This break-adjustment method adjusts required reserves and applied vault cash only for the maintenance periods between each annual indexation and the previous indexation. Actual and break-adjusted series would then be equal for the maintenance periods in which the indexation occurred, if that indexation were the only cause for discontinuities in reserve requirements. First, a separate break-adjustment factor, defined as required reserves measured using the post-indexation values of the tranche and exemption divided by required reserves measured using the pre-indexation values, was estimated for the first affected maintenance period of each year since 1982 for each of six entity types: large banks, small banks, Edge Act Corporations, U.S. branches and agencies of foreign banks, thrift institutions, and FR2900 quarterly reporters. Before 1991, the first two entity types are classified according to member banks and nonmember banks. For applied vault cash, a similar break-adjustment factor was computed for the aggregate rather than for separate entity types. Second, for maintenance periods between any two annual indexation dates, this procedure assumes, in effect, that the 2. The break adjustment of applied vault cash is used also to compute the break-adjusted series for surplus vault cash, a component of the monetary base. 5 indexation is phased in at a constant rate throughout the year. Thus, for maintenance periods during the year preceding each indexation date, each break-adjustment factor is smoothed to follow a constant growth path from 1.0 in the maintenance period of the year-earlier indexation to the break-adjustment factor calculated (as a b o v e ) . Under this technique, in order to make 1996 data comparable with historical data, the 1996 data are adjusted using estimates o f t h e low reserve tranche and reserve requirement exemption that will take effect the next January. The 1997 low reserve tranche and exemption levels are estimated by extrapolation to June 1996 of the growths of seasonally adjusted net transaction deposits and total reservable liabilities, respectively, from June 1995 through February 1996. This exercise indicated that the estimated 1997 low reserve tranche and exemption levels are $48.3 million and $4.3 million, respectively. These new estimates resulted in small downward revisions to 1996 data for breakadjusted reserves and the monetary base. Details of the Seasonal Adjustment Procedure i Seasonal factors are estimated only for break-adjusted series. Excess reserves and borrowed reserves are neither breakadjusted nor seasonally adjusted. For reserve maintenance periods before CRR (February 2, 1984), seasonally adjusted total required reserves consist of the sum of seasonally adjusted required reserves at member commercial banks and those at nonmember institutions. Seasonally adjusted total reserves are equal to excess reserves plus seasonally adjusted total required reserves. Seasonally adjusted non-borrowed reserves consist of seasonally adjusted total reserves minus borrowed reserves. The monetary base, less excess reserves, is seasonally adjusted as a whole, rather than by component, and excess reserves are added on a not seasonally adjusted basis. Weekly seasonal factors are estimated from weekly time series models. Monthly levels of (both seasonally adjusted and not seasonally adjusted) reserves and the monetary base are derived as pro rata averages of the weekly levels. For reserve maintenance periods after CRR, bi-weekly seasonal factors for required reserves are estimated from time series models using bi-weekly data from February 2, 1984 to February 28, 1996. Required reserves against net transaction deposits for all entity types are seasonally adjusted as a whole. Seasonally adjusted total required reserves are equal to seasonally adjusted required reserves against transaction deposits. Seasonally adjusted total and non-borrowed reserves after CRR are constructed the same way as those before CRR. The seasonally adjusted monetary base is equal to the sum of three components: (1) seasonally adjusted total reserves (which include not seasonally adjusted excess r e s e r v e s ) , (2) the seasonally adjusted currency component of Ml, and (3) seasonally adjusted surplus vault cash. 6 For the purpose of estimating seasonal factors, required reserves have been adjusted over the years, not only for the effects of changes in reserve requirements, but also for other special factors affecting deposits and reserves. A major adjustment of this nature was made to take account of the effects of programs to sweep transactions deposits, such as NOW accounts, into nonreservable savings deposits. Such programs began to be implemented in January 1994. Beginning in the computation periods in which each new sweep program was implemented, required reserves were adjusted upward by 10 percent of the estimated deposits initially swept, on the basis of period averages of daily deposit data. The cumulative amount of such adjustments to required reserves rose from $750 million in the computation period ending January 17, 1994 to $7.62 billion in the computation period ending February 26, 1996. The change in Regulation D that shortened the lag in counting vault cash toward required reserves from four weeks to two weeks for weekly reporters, effective November 12, 1992, did not create breaks in reserve data. However, it was believed to cause changes in seasonal patterns of the surplus vault cash component of the m o netary base. Thus, seasonal factors for the surplus vault cash component of the monetary base were estimated from two b i weekly models following past two years' practice. One model used the break-adjusted historical data from February 2, 1984 to November 11, 1992 to derive seasonal factors for this period. Because of insufficient historical data under the new reserve regime for the estimation of seasonal factors after November 11, 1992, the other model used the counter-factual data from January 10, 1990 to November 11, 1992 and the actual break-adjusted data from November 12, 1992 to February 28, 1996 to estimate seasonal factors after November 11, 1992. The counter-factual data were generated from micro data for each maintenance period by counting average vault cash held in the previous computation period toward current required reserves. All monthly levels (both seasonally adjusted and not seasonally adjusted) of reserves and the monetary base are derived as pro rata averages of the bi-weekly levels. Regulatory Changes in Reserve Requirements and Indexations of Tranches and Exemptions A list of regulatory changes in reserve requirements and indexations of tranches and exemptions, and their effects on required reserves is presented on pages 7-16. 7 1. Effective December 1, 1959, member banks were allowed to count part of their cash in vault as legal reserves. 2. Effective January 1, 1960, the reserve computation and maintenance periods for country banks were changed from s emi monthly to bi-weekly. (The reserve computation and maintenance periods for central reserve city banks and reserve city banks continued to be one-week; and all banks, including country banks, continued to compute and hold reserves contemporaneously.) In addition, beginning with the period ending January 13, 1960, the reserve computation and maintenance periods for all banks were made to end on Wednesday. 3. Effective September 1, 1960, the reserve requirement of central reserve city banks against their net demand deposits was reduced from 18 percent to 17-1/2 percent. This action reduced required reserves approximately $120 million. 4. Effective November 24, 1960, member banks were allowed to count all vault cash as legal reserves. 5. Effective November 24, 1960, the reserve requirement of country banks against their net demand deposits was increased from 11 percent to 12 percent. This action increased required reserves approximately $380 million. 6 . 7. 8 . 9. Effective December 1, 1960, the reserve requirement of central reserve city banks against their net demand deposits was reduced from 17-1/2 percent to 16-1/2 percent. This action reduced required reserves approximately $250 million. Effective July 28, 1962, the central reserve city classification was eliminated and the former central reserve city banks were reclassified as reserve city banks. Effective October 25, 1962, the reserve requirement of reserve city banks against their time deposits was reduced from 5 to 4 percent. This action reduced required reserves approximately $410 million. Effective November 1, 1962, the reserve requirement of country banks against their time deposits was reduced from 5 percent to 4 percent. This action reduced required reserves approximately $360 million. 10. Effective July 14, 1966, the reserve requirement of reserve city banks against time deposits (other than savings deposits) in excess of $5 million was increased from 4 percent to 5 percent. This action increased required reserves approximately $350 million. 8 11. Effective July 21, 1966, the reserve requirement of country banks against time deposits (other than savings deposits) in excess of $5 million was increased from 4 percent to 5 percent. This action increased required reserves approximately $70 million. 12. Effective September 8, 1966, the reserve requirement of reserve city banks against time deposits (other than savings deposits) in excess of $5 million was increased from 5 percent to 6 percent. This action increased required reserves approximately $370 million. 13. Effective September 15, 1966, the reserve requirement of country banks against time deposits (other than savings deposits) in excess of $5 million was increased from 5 percent to 6 percent. This action increased required reserves approximately $75 million. 14. Effective March 2, 1967, the reserve requirement of all member banks against savings deposits and the first $5 million of time deposits was reduced from 4 percent to 3-1/2 percent. This action reduced required reserves approximately $425 million. 15. Effective March 16, 1967, the reserve requirement of all member banks against savings deposits and the first $5 million of time deposits was reduced from 3-1/2 percent to 3 percent. This action reduced required reserves approximately $425 million. 16. Effective January 11, 1968, the reserve requirement of reserve city banks against net demand deposits in excess of $5 million was increased from 16-1/2 percent to 17 percent. This action increased required reserves approximately $360 million. 17. Effective January banks against net increased from 12 required reserves 18, 1968, the reserve requirement of country demand deposits in excess of $5 million was to 12-1/2 percent. This action increased approximately $190 million. 18. Effective September 12, 1968, Regulation D was amended to: (1) reduce the reserve computation and maintenance periods for country banks from two weeks to one week to coincide with onewe ek periods for reserve city banks: (2) change contemporaneous reserve requirements to lagged reserve requirements (LRR), which required all banks to compute weekly average required reserves for the maintenance week on the basis of average daily deposits two weeks earlier; (3) count average vault cash held two weeks earlier toward the required reserves for the present week: and (4) allow either excesses or deficiencies averaging up to 2 percent of required reserves to be carried forward to the next maintenance week. 19. Effective April 17, 1969, the reserve requirement of all member banks against net demand deposits was increased 1/2 percentage point. This action increased required reserves approximately $660 million. 9 20. Effective October 16, 1969 a 10 percent marginal reserve requirement was established on certain foreign borrowings, primarily Eurodollars, by member banks and on the sale of assets to their foreign branches. This action increased required reserves approximately $415 million. 21. Effective October 1, 1970, the reserve requirement of all member banks against time deposits (other than savings deposits) in excess of $5 million was reduced from 6 percent to 5 percent. At the same time, a 5 percent reserve requirement was imposed against funds obtained by member banks through the issuance of commercial paper by their affiliates. This action reduced required reserves approximately $500 million (net). 22. Effective January 7, 1971, the reserve requirement on certain foreign borrowings, primarily Eurodollars, by member banks, and the sale of assets to their foreign branches was raised from 10 percent to 20 percent. This action had little effect on required reserves. 23. Effective November 9, 1972, Regulations D and J were revised to (1) adopt a system of reserve requirements against demand deposits of all member banks based on the amount of such deposits held by a member bank, and (2) to require b a n k s -member and nonmember--to pay cash items presented by a Federal Reserve Bank on the day of presentation in funds available to the Reserve Bank on that day. These changes reduced required reserves approximately $2.5 billion, effective November 9; $1.0 billion, effective November 16; and increased required reserves $300 million, effective November 23. 24. Effective June 21, 1973, the Board amended its Regulation D to establish a marginal reserve requirement of 8 percent against certain time deposits and to subject to the 8 percent reserve requirement certain deposits exempt from the rate limitations of the B o a r d ’s Regulation Q. In addition, reserves against certain foreign branch deposits were reduced from 10 percent to 8 percent. These changes had little effect on required reserves. 25. Effective July 12, 1973, reserve requirements were imposed against finance bills. This action increased required reserves approximately $90 million. 26. Effective July 19, 1973, the reserve requirement against all net demand deposits, except the first $2 million was increased 1/2 percentage point. This action increased required reserves approximately $760 million. 27. Effective October 4, 1973, the marginal reserve requirement against certain time deposits was increased from 8 percent to 11 percent. This action increased required reserves approximately $465 million. 10 28. Effective December 27, 1973, the marginal reserve requirement against certain time deposits was reduced from 11 percent 8 percent. This action reduced required reserves approximately $360 million. 29. Effective September 19, 1974, the marginal reserve requirement against time deposits in denomination greater than $100,000 and more than 4 month maturity was eliminated. This action reduced required reserves approximately $510 million. 30. Effective December 12, 1974, the reserve requirement against all time deposits with an original maturity of six months or longer was reduced from 5 percent to 3 percent; the reserve requirement against all time deposits with an original maturity of less than six months was increased from 5 to 6 percent; and the reserve requirement against net demand deposits over $400 million was reduced from 18 percent to 17-1/2 percent. In addition, the 3 percent marginal reserve requirement on large certificates of deposit with an initial maturity of less than four months was removed. These actions reduced required reserves approximately $710 million. 31. Effective February 13, 1975, the reserve requirements against all categories of net demand deposits up to $400 million were reduced by one-half of 1 percentage point, and the reserve requirement against net demand deposits of more than $400 million was reduced 1 percentage point. This action reduced required reserves approximately $1,065 million. 32. Effective May 22, 1975, the reserve requirement against foreign borrowings of member banks, primarily Eurodollars, was reduced from 8 percent to 4 percent. This action reduced required reserves approximately $80 million. 33. Effective October 30, 1975, the reserve requirement against member bank time deposits with an original maturity of four years or more was reduced from 3 percent to 1 percent. This action reduced required reserves approximately $360 million. 34. Effective January 8, 1976, the reserve requirement on time deposits maturing in 180 days to 4 years was reduced from 3 percent to 2-1/2 percent. This action reduced required reserves by approximately $500 million. 35. Effective December 30, 1976, the reserve requirement against net demand deposits up to $10 million was reduced by 1/2 percentage point, and the reserve requirement against net demand deposits over $10 million was reduced by 1/4 percentage point. This action reduced required reserves by approximately $550 million. 36. Effective November 2, 1978, a supplementary reserve requirement of 2 percentage points was imposed on time deposits of $100,000 or more. This action increased required reserves approximately $3.0 billion. 11 37. Effective October 11, 1979, a marginal reserve requirement of 8 percent was imposed on "managed liabilities" of member banks, Edge Act corporations, and U.S. agencies and branches of foreign banks above a base average for the two weeks ending September 26, 1979. Managed liabilities included large time deposits ($100,000 and over with maturities of less than one year), repurchase agreements against U.S. government and federal agency securities. Eurodollar borrowings, and federal funds borrowings from a nonmember institution. On October 25, required reserves and reserves held by Edge Act Corporations were included in member bank reserves. (Previously reserves held by these institutions were recorded as "other deposits" by Federal Reserve Banks.) These actions raised required reserves approximately $355 and $320 million, respectively. 38. Effective March 12, 1980, the 8 percentage point marginal reserve requirement was raised to 10 percent. In addition, the base upon which the marginal reserve requirement was calculated was reduced. This action increased required reserves about $1.7 billion. 39. Effective May 29,1 1980, the marginal reserve requirement was reduced from 10 to 5 percentage points and the base upon which the marginal reserve requirement was calculated was raised. This action reduced required reserves about $980 million. 40. Effective July 24, 1980, the 5 percent marginal reserve requirement on managed liabilities and the 2 percent supplementary reserve requirement against large time deposits were removed. These actions reduced required reserves about $3.2 billion. 41. Effective November 13, 1980, required reserves of member banks and Edge Act corporations were reduced about $4.3 billion and required reserves of other depository institutions were increased about $1.4 billion due to the implementation of the monetary Control Act of 1980. 42. Effective February 12, 1981, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember banks and foreignrelated institutions increased by approximately $245 million. 43. Effective March 12, 1981, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of small non-member "quarterly reporters" increased about $75 million. 44. Effective May 14, 1981, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember banks and foreign-related institutions increased by approximately $245 million. 12 45. Effective August 13, 1981, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember banks and foreign-related institutions increased approximately $230 million. 46. Effective September 3, 1981, in conjunction with the transitional phase-in program under the Monetary Control Act. required reserves of member banks were reduced about $2.0 billion, and required reserves of other depository institutions were increased about $0.9 billion. 47. Effective November 12, 1981, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember banks and foreignrelated institutions increased about $210 million. 48. Effective January 14, 1982, the low reserve tranche for transaction accounts at depository institutions was raised from $25 million to $26 million. This action reduced required reserves approximately $60 million. 49. Effective February 11, 1982, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember banks and foreignrelated institutions increased about $170 million. 50. Effective March 4, 1982, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of member banks decreased by about $2.0 billion. 51. Effective May 13, 1982, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember banks and foreign-related institutions increased about $150 million. 52. Effective August 12, 1982, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember banks and foreign-related institutions increased about $140 million. 53. Effective September 2, 1982, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of member banks were reduced about $2.1 billion, and required reserves of other depository institutions were increased about $0.9 billion. 54. Effective October 28, 1982, in accordance with provisions of the Depository Institutions Act of 1982, required reserves of certain former member banks were reduced by approximately $100 million. 13 55. Effective December 23, 1982, in accordance with provisions of the Depository Institutions Act of 1982 that exempted the first $2.1 million of reservable liabilities at all depository institutions from reserve requirements, required reserves were reduced by an estimated $800 million. 56. Effective January 13, 1983, the low reserve tranche for transaction accounts at depository institutions was raised from $26.0 to $26.3 million. This action reduced required reserves approximately $32 million. 57. Effective March 3, 1983, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of member banks were reduced by approximately $1.9 billion. 58. Effective April 14, 1983, required reserves were reduced an estimated $80 million as a result of the elimination of reserve requirements on nonpersonal time deposits with maturities of 21/2 to 3-1/2 years. 59. Effective September 1, 1983, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of member banks were reduced about $2.0 billion, and required reserves of other depository institutions were increased about $0.9 billion. 60. Effective October 20, 1983, required reserves were reduced an estimated $100 million as a result of the elimination of reserve requirements on nonpersonal time deposits with maturities of 1-1/2 to 2-1/2 years. 61. Effective January 12, 1984, the low reserve tranche for transaction accounts at depository institutions was raised from $26.3 to $28.9 million. Also, in accordance with the provisions of the Depository Institutions Act of 1982, the reserve requirement exemption applied to total reservable liabilities was raised from $2.1 to $2.2 million. These actions reduced required reserves a total of about $350 million. 62. Effective February 2, 1984, Regulation D was amended as follows for institutions reporting weekly on the FR2900: (1) change the reserve computation and maintenance periods from weekly to b i weekly, with the former ending on Monday and the latter ending on Wednesday; (2) compute required reserves against net transaction deposits based on average deposits over the computation period ending two days before the end of the maintenance period; (3) compute required reserves against n o n transaction deposits based on average deposits over a computation period ending 17 days before the beginning of the maintenance period; and (4) count the average vault cash held during a reserve computation period ending 17 days before the beginning of the reserve maintenance period toward required reserves. 14 63. Effective February 2, 1984, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of member banks were reduced about $2.0 billion. 64. Effective September 13, 1984, in conjunction with the transitional phase-in program under the Monetary Control Act, required reserves of certain non-member depository institutions increased about $1.08 billion. 65. Effective January 3, 1985, the low-reserve tranche for transaction accounts was raised from $28.9 to $29.8 million. The exemption applied to reservable liabilities was also raised from $2.2 to $2.4 million. These actions reduced required reserves by about $190 million. 66 . Effective September 12, 1985, according to the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember depository institutions were increased about $1.23 billion. 67. Effective January 2, 1986, the low-reserve tranche for transaction accounts was raised from $29.8 to $31.7 million. The exemption applied to reservable liabilities was also raised from $2.4 to $2.6 million. These actions reduced required reserves by about $340 million. 68 . Effective April 24, 1986, money market deposit accounts (MMDA), which had previously been subject to full reserve requirements, were made subject to the transitional phase-in program of the Monetary Control Act. In addition, the order of application of the exemption applied to reservable liabilities was changed. These actions reduced required reserves by about $260 million. 69. Effective September 11, 1986, according to the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember depository institutions were increased about $1.58 billion. 70. Effective January 1, 1987, the low-reserve tranche for transaction accounts was raised from $31.7 to $36.7 million. The exemption applied to reservable liabilities was also raised from $2.6 to $2.9 million. These actions reduced required reserves by about $970 million. 71. Effective September 10. 1987, according to the transitional phase-in program under the Monetary Control Act, required reserves of certain nonmember depository institutions were increased about $1.70 billion. 72. Effective December 31, 1987, the low reserve tranche for transaction accounts was raised from $36.7 to $40.5 million. The exemption applied to reservable liabilities was also raised from $2.9 to $3.2 million. The actions reduced required reserves by about $740 million. 15 73. Effective December 29, 1988, the low reserve tranche for transaction accounts was raised from $40.5 to $41.5 million. The exemption applied to reservable liabilities was also raised from $3.2 to $3.4 million. The actions reduced required reserves by an estimated $210 million. 74. Effective December 28, 1989, the low reserve tranche for transaction accounts was reduced from $41.5 to $40.4 million. The action raised required reserves by an estimated $190 million. 75. Effective December 13, 1990, the 3 percent reserve requirement on nontransaction liabilities was reduced to 1.5 percent for FR2900 weekly reporters. The action lowered required reserves by an estimated $6.7 billion. 76. Effective December 27, 1990, the 1.5 percent reserve requirement on nontransaction liabilities was reduced to zero for FR2900 weekly reporters. The action lowered required reserves by an estimated $6.5 billion. 77. Effective December 27, 1990, the low reserve tranche for transaction accounts was raised from $40.4 to $41.1 million. The action lowered required reserves by an estimated $112 million. 78. Effective January 17, 1991, the 3 percent reserve requirement on nontransaction liabilities was reduced to zero for FR2900 quarterly reporters. The action reduced required reserves by an estimated $460 million. 79. Effective December 26, 1991, the low reserve tranche for transaction accounts was raised from $41.1 million to $42.2 million. The exemption applied to reservable liabilities was also raised from $3.4 million to $3.6 million. The actions reduced required reserves by an estimated $255 million. 80. Effective April 2, 1992, the 12 percent required reserve ratio against net transaction deposits above the low reserve tranche level was reduced to 10 percent. The action reduced required reserves by an estimated $8.9 billion. 81. Effective September 3, 1992, the carryover allowance for reserve balances, for institutions reporting weekly and quarterly on the FR2900, was doubled to the larger of $50,000 or 4 percent of required reserves plus required clearing balances less the institution's required clearing balance penalty-free band. 3. The required clear balance penalty-free band is equal to the greater of $25,000 or 2 percent of the depository in s t i t u t i o n ’s required clearing balance. 16 82. Effective November 12, 1992, the lag in counting vault cash toward required reserves was shortened by two weeks for institutions reporting weekly on the FR2900, i.e. counting the average vault cash held during a reserve computation period ending three days before the beginning of the reserve maintenance period toward required reserves. 83. Effective December 24, 1992, the low reserve tranche for transaction accounts was raised from $42.2 million to $46.8 million. The exemption applied to reservable liabilities was also raised from $3.6 million to $3.8 million. The actions reduced required reserves by an estimated $699 million. 84. Effective December 23, 1993, the low reserve tranche for transaction accounts was raised from $46.8 million to $51.9 million. The exemption applied to reservable liabilities was also raised from $3.8 million to $4.0 million. The actions reduced required reserves by an estimated $738 million. 85. Effective December 22, 1994, the low reserve tranche for transaction accounts was raised from $51.9 million to $54.0 million. The exemption applied to reservable liabilities was also raised from $4.0 million to $4.2 million. The actions reduced required reserves by an estimated $318 million. 86 . Effective December 21, 1995, the low reserve tranche for transaction accounts was reduced from $54.0 million to $52.0 million. The exemption applied to reservable liabilities was raised from $4.2 million to $4.3 million. The actions raised required reserves by an estimated $443 million. TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ■..... SEASONALLY ADJUSTED--------------------NONNONBORROWED BO RROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE ------------------- NOT SEASONALLY ADJUSTED NONNONBORROWED TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT R E Q U IR E D CR RESERVES 10560 10560 10614 40425 11263 10711 10711 10624 10624 10675 40605 11068 10563 10563 10765 10614 10482 10482 10621 40615 10965 10365 10365 10504 10680 10424 10424 10684 40694 11112 10420 10420 11058 10317 10317 10637 40731 11014 10273 10273 10593 10972 10043 10043 10566 40750 10935 10005 10005 10528 10678 11109 10148 10148 10693 40896 11094 10132 10132 11168 10177 10177 10720 40992 11047 10056 10056 10599 11128 10202 10202 10686 41034 11069 10143 10143 10627 11057 10150 10150 10616 40903 11064 10157 10157 10623 11052 10194 10194 10609 40822 11092 10233 10233 10648 11109 10168 10168 10603 40880 11343 10402 10402 10837 11081 10194 10194 10567 40794 11271 10384 10384 10757 10884 10074 10074 10430 40666 10827 10017 10017 10372 10796 10155 10155 10373 40616 10685 10044 10044 10262 10767 10161 10161 10341 40621 10737 10131 10131 10311 10840 10344 10344 10396 40639 10795 10299 10299 10350 10885 10451 10451 10406 40689 10857 10422 10422 10377 10994 10615 10615 10493 40794 10983 10604 10604 10482 11078 10782 10782 10536 40895 10964 10668 10668 10422 11147 10932 10932 10520 41040 11094 10879 10879 10467 11216 11049 11049 10554 41097 11226 11058 11058 10563 11299 11166 11166 10556 41130 11337 11204 11204 10595 11247 11172 11172 10503 40977 11480 11406 11406 10736 11324 11259 11259 10553 40960 11510 11445 11445 10739 11229 11096 11096 10580 40945 11172 11039 11039 10523 11108 11038 11038 10563 40851 11005 10935 10935 10460 11123 11066 11066 10507 40823 11049 10992 10992 10433 11035 10940 10940 10480 40791 10977 10882 10882 10422 11087 11024 11024 10497 40902 11075 11012 11012 10485 11124 11070 11070 10508 40980 11111 11057 11057 10495 11234 11169 11169 10655 41227 11144 11079 11079 10565 11289 11251 11251 10709 41417 11238 11201 11201 10659 11413 11342 11342 10881 41651 11427 11357 11357 10895 11482 11384 11384 10891 41782 11528 11430 11430 10937 11499 11366 11366 10915 41853 11738 11604 11604 11154 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS SEASO N ALLY A D J U S T E D ---------------------------------------------------- NONTOTAL RESERVES 1962 1963 1964 NON- BO RROW ED BORROW ED RESERVES RESERVES PLU S EXT ------------------------------------------------N O T SEASO N ALLY A D JU S T E D NONNONCR R E Q U IR E D M ONETARY RESERVES BASE TOTAL RESERVES BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE JA N 11490 11403 11403 10867 41864 11682 11595 11595 11059 42059 FEB 11301 11233 11233 10799 41810 11236 11169 11169 10734 41387 MAR 11259 11170 11170 10788 41923 11159 11070 11070 10687 41517 APR 11330 11258 11258 10838 42096 11241 11169 11169 10749 41770 MAY 11384 11323 11323 10867 42194 11298 11237 11237 10781 41891 JU N 11328 11226 11226 10855 42259 11314 11212 11212 10841 42176 JU L 11394 11302 11302 10860 42398 11395 11304 11304 10861 42530 AUG 11355 11231 11231 10826 42491 11261 11137 11137 10731 42429 SEP 11383 11303 11303 10893 42537 11352 11271 11271 10861 42479 OCT 11450 11387 11387 10972 42700 11473 11410 11410 10996 42699 NOV 11492 11372 11372 10936 42861 11525 11404 11404 10968 43169 DEC 11604 11344 11344 11033 42957 11831 11571 11571 11260 43893 JA N 11567 11421 11421 11062 43008 11761 11615 11615 11256 43215 FEB 11456 11290 11290 10995 43155 11394 11229 11229 10933 42710 MAR 11404 11255 11255 10970 43289 11317 11169 11169 10883 42873 APR 11449 11319 11319 10992 43444 11357 11227 11227 10900 43107 MAY 11426 11216 11216 10996 43586 11352 11141 11141 10922 43274 JU N 11398 11139 11139 10981 43780 11410 11152 11152 10993 43702 JU L 11530 11232 11232 11075 44058 11550 11252 11252 11096 44193 AUG 11484 11155 11155 11039 44149 11328 10999 10999 10883 44088 SEP 11503 11184 11184 11075 44339 11482 11164 11164 11054 44286 OCT 11457 11137 11137 11060 44444 11464 11144 11144 11067 44454 NOV 11547 11198 11198 11106 44744 11567 11219 11219 11126 45055 DEC 11730 11397 11397 11239 45003 11942 11609 11609 11452 45997 JA N 11643 11369 11369 11204 45042 11865 11590 11590 11425 45270 FEB 11547 11261 11261 11150 45112 11458 11172 11172 11061 44638 MAR 11563 11285 11285 11177 45371 11492 11215 11215 11106 44941 APR 11537 11326 11326 11185 45470 11472 11261 11261 11119 45126 MAY 11523 11263 11263 11169 45651 11436 11175 11175 11081 45325 JU N 11595 11326 11326 11220 45959 11626 11358 11358 11252 45876 JU L 11651 11387 11387 11275 46143 11673 11409 11409 11297 46314 AUG 11795 11480 11480 11374 46410 11624 11309 11309 11203 46325 SEP 11863 11518 11518 11432 46714 11847 11501 11501 11416 46658 OCT 11888 11567 11567 11490 46823 11876 11555 11555 11478 46865 NOV 11998 11598 11598 11591 47106 11972 11571 11571 11564 47423 DEC 12011 11747 11747 11605 47161 12232 11968 11968 11826 48209 * TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ■..... SEASONALLY ADJUSTED............................ ... .......... NOT SEASONALLY ADJUSTED NONNONNONBORROWED NONBORROWED BO RROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT R E Q U IR E D CR RESERVES 11952 11653 11653 11537 47281 12192 11892 11892 11883 11479 11479 11472 47500 11844 11439 11439 11432 11884 11472 11472 11518 47584 11835 11423 11423 11469 12043 11571 11571 11701 47721 11957 11486 11486 11616 11912 11417 11417 11578 47799 11910 11415 11415 11576 11777 12005 11467 11467 11643 48061 12058 11521 11521 11696 12073 11544 11544 11720 48281 12125 11597 11597 11773 12079 11531 11531 11682 48453 11901 11354 11354 11505 12071 11517 11517 11662 48712 12002 11448 11448 11592 12118 11630 11630 11759 49029 12096 11608 11608 11737 12087 11655 11655 11735 49234 12046 11614 11614 11694 12316 11872 11872 11892 49620 12563 12120 12120 12140 12295 11875 11875 11916 49850 12566 12146 12146 12187 12193 11711 11711 11846 50054 12141 11660 11660 11794 12164 11604 11604 11822 50171 12095 11535 11535 11754 12258 11621 11621 11903 50439 12289 11653 11653 11934 12263 11575 11575 11922 50591 12203 11516 11516 11862 12256 11549 11549 11901 50754 12272 11565 11565 11916 12371 11629 11629 11993 51019 12418 11677 11677 12040 12165 11430 11430 11798 50989 11988 11252 11252 11620 12229 11460 11460 11858 51154 12142 11373 11373 11771 12199 11465 11465 11867 51200 12200 11466 11466 11868 12205 11598 11598 11820 51422 12161 11553 11553 11776 12223 11690 11690 11884 51565 12497 11965 11965 12158 12334 11924 11924 11931 51876 12610 12200 12200 12207 12280 11916 11916 11911 52173 12234 11871 11871 11866 12438 12237 12237 12024 52494 12374 12174 12174 11960 12488 12342 12342 12138 52517 12473 12327 12327 12123 12418 12328 12328 12053 52682 12342 12252 12252 11977 12457 12351 12351 12104 52867 12406 12300 12300 12053 12304 12722 12607 12607 12304 53165 12722 12607 12607 12678 12598 12598 12313 53347 12492 12412 12412 12127 12846 12758 12758 12504 53670 12746 12657 12657 12404 12718 13088 12959 12959 12752 54044 13053 12925 12925 13131 12999 12999 12773 54241 13041 12910 12910 12683 13180 12952 12952 12805 54579 13440 13212 13212 13065 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------SEASONALLY ADJUSTED--------------------NONNONBORROWED TOTAL RESERVES 1968 1969 1970 BO RROW ED RESERVES RESERVES PLUS EXT CR R E Q U IR E D M ONETARY RESERVES BASE ------------------- NOT SEASONALLY ADJUSTED NONNONBORROWED TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE JA N 13239 12993 12993 12852 54892 13540 13294 13294 13153 55193 FEB 13188 12815 12815 12801 55171 13186 12814 12814 12800 54607 MAR 13186 12527 12527 12849 55436 13117 12457 12457 12779 54883 APR 13117 12432 12432 12782 55692 13164 12479 12479 12828 55296 MAY 13130 12389 12389 12771 55872 13044 12303 12303 12684 55488 JU N 13251 12557 12557 12923 56323 13201 12507 12507 12873 56193 JU L 13455 12928 12928 13105 56626 13387 12860 12860 13036 56836 AUG 13440 12875 12875 13110 56976 13250 12685 12685 12920 56920 SEP 13435 12931 12931 13074 57160 13245 12742 12742 12884 57034 OCT 13529 13086 13086 13283 57477 13546 13103 13103 13301 57535 NOV 13649 13104 13104 13340 57887 13582 13037 13037 13274 58337 DEC 13767 13021 13021 13341 58357 13845 13099 13099 13419 59578 JA N 13629 12893 12893 13383 58597 14366 13630 13630 14120 58927 FEB 13714 12879 12879 13460 58917 13913 13077 13077 13659 58366 MAR 13653 12751 12751 13434 58999 13548 12646 12646 13329 58359 APR 13471 12468 12468 13304 59062 13565 12561 12561 13398 58635 MAY 13844 12470 12470 13589 59552 13895 12520 12520 13639 59191 JU N 13795 12410 12410 13491 59794 13570 12185 12185 13266 59601 JU L 13491 12239 12239 13266 59713 13508 12256 12256 13284 59942 AUG 13784 12565 12565 13547 60137 13557 12339 12339 13320 60113 SEP 13822 12743 12743 13549 60357 13621 12542 12542 13348 60186 OCT 13904 12754 12754 13741 60633 13822 12672 12672 13658 60694 NOV 14172 12969 12969 13943 61229 14092 12890 12890 13863 61730 DEC 14168 13049 13049 13882 61569 14330 13212 13212 14044 62832 JA N 14087 13128 13128 13914 61792 14807 13847 13847 14633 62138 FEB 14099 13019 13019 13891 61931 14245 13165 13165 14037 61377 MAR 14071 13173 13173 13908 62205 13934 13037 13037 13772 61504 APR 14209 13364 13364 14057 62653 14236 13390 13390 14084 62214 MAY 14007 13040 13040 13850 62977 14024 13057 13057 13867 62602 JU N 14078 13197 13197 13888 63189 13818 12937 12937 13628 62956 63710 JU L 14159 12799 12799 13993 63444 14098 12738 12738 13932 AUG 14282 13445 13445 14108 63725 14041 13204 13204 13867 63693 SEP 14447 13847 13847 14203 64087 14201 13601 13601 13957 63885 OCT 14480 14017 14017 14274 64303 14334 13871 13871 14129 64391 NOV 14470 14055 14055 14236 64574 14336 13921 13921 14102 65093 DEC 14558 14225 14225 14309 65013 14663 14330 14330 14414 66320 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------SEASONALLY ADJUSTED--------------------NONNONBORROWED BO RROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D MONETARY RESERVES BASE ------------------- NOT SEASONALLY ADJUSTED NONNONBORROWED TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT R E Q U IR E D CR RESERVES 14604 14240 14240 14371 65545 15333 14969 14969 14819 14488 14488 14565 66037 14898 14566 14566 15099 14643 14798 14479 14479 14603 66378 14628 14310 14310 14433 14759 14606 14606 14591 66731 14702 14549 14549 14535 14982 14698 14698 14763 67315 14972 14688 14688 14752 15057 14564 14564 14855 67678 14753 14261 14261 14552 15125 14302 14302 14941 68155 15025 14202 14202 14840 15190 14380 14380 14994 68412 14904 14094 14094 14708 15423 14928 14928 15234 68751 15069 14574 14574 14879 15211 14854 14854 15049 68603 15008 14651 14651 14846 15247 14864 14864 15010 68894 15064 14680 14680 14827 15230 15104 15104 15049 69108 15255 15129 15129 15073 15369 15347 15347 15163 69853 16164 16143 16143 15958 15363 15331 15331 15211 70368 15472 15439 15439 15320 15480 15382 15382 15291 70820 15382 15284 15284 15193 15651 15534 15534 15495 71031 15806 15688 15688 15650 15739 15628 15628 15600 71525 15890 15778 15778 15750 15909 15809 15809 15706 71817 15645 15545 15545 15442 15835 15597 15597 15642 72173 15956 15718 15718 15762 16010 15623 15623 15822 72623 15862 15474 15474 15673 16000 15459 15459 15788 72984 15744 15202 15202 15532 16193 15637 15637 15981 73644 16155 15600 15600 15944 16441 15833 15833 16088 74370 16384 15776 15776 16030 16645 15595 15595 16361 75167 16843 15793 15793 16559 16708 15548 15548 16450 75925 17794 16634 16634 17536 16714 15120 15120 16516 76160 16828 15234 15234 16630 16509 16923 15099 15099 16714 76663 16718 14894 14894 16731 15020 15020 16508 76962 16838 15127 15127 16615 16672 14829 14830 16533 77393 16745 14903 14904 16607 16237 16746 14895 14903 16528 77842 16454 14603 14611 16988 15035 15067 16705 78531 17091 15139 15170 16808 16796 14631 14657 16624 78781 16542 14377 14403 16370 16219 16735 14883 14909 16505 79316 16449 14597 14624 16924 15448 15464 16672 80173 16858 15382 15398 16606 16978 15585 15585 16753 80479 16836 15443 15443 16611 17021 15723 15723 16717 81073 17242 15944 15944 16939 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS SEASO N ALLY A D J U S T E D ................................. - ...................... - ------------- ------------- ...................... N O T NONTOTAL RESERVES 1974 1975 1976 NON- BORROW ED BORROW ED RESERVES RESERVES PLU S EXT SEASO N ALLY A D JU S T E D NONNONCR R E Q U IR E D M ONETARY RESERVES BASE TOTAL RESERVES BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D MONETARY RESERVES BASE JA N 17222 16171 16174 17060 81850 18290 17239 17242 18128 FEB 17125 15933 15933 16941 82341 17155 15964 15964 16971 81369 MAR 17131 15817 15817 16997 82835 16853 15539 15539 16719 81886 83417 82387 APR 17298 15561 15561 17116 83621 17380 15643 15643 17198 MAY 17423 14833 15491 17263 84432 17355 14765 15423 17195 84294 JU N 17367 14361 15587 17169 84895 17050 14043 15269 16852 84845 JU L 17486 14185 15615 17323 85439 17580 14279 15709 17418 86012 AUG 17391 14055 15592 17203 85974 17068 13732 15268 16879 86043 SEP 17385 14102 15731 17204 86377 17046 13764 15393 16866 86014 OCT 17349 15536 16021 17228 86513 17220 15407 15892 17100 86356 NOV 17453 16201 16361 17248 87043 17321 16069 16229 17116 87551 DEC 17550 16823 16970 17292 87535 17768 17041 17188 17510 89089 JA N 17273 16874 17010 17126 87756 18296 17898 18034 18149 88285 FEB 17271 17123 17176 17077 88192 17271 17124 17177 17078 87151 MAR 17439 17333 17370 17239 88916 17155 17049 17086 16955 87935 APR 17498 17387 17398 17340 89116 17552 17441 17452 17394 88839 MAY 17353 17288 17291 17198 89610 17311 17245 17248 17155 89476 JU N 17715 17488 17504 17513 90817 17413 17186 17202 17211 90801 JU L 17632 17331 17351 17445 91373 17722 17421 17440 17534 91954 AUG 17660 17449 17461 17465 91700 17404 17193 17205 17209 91780 SEP 17834 17438 17452 17643 92119 17536 17140 17154 17345 91748 OCT 17587 17397 17408 17380 92448 17484 17293 17305 17277 92254 NOV 17849 17789 17794 17566 93373 17804 17744 17749 17521 93927 DEC 17822 17692 17704 17556 93887 18088 17958 17970 17822 95568 JA N 17616 17537 17549 17376 94281 18666 18588 18599 18426 94827 FEB 17806 17725 17734 17587 95038 17766 17686 17695 17548 93927 MAR 17875 17821 17824 17651 95786 17524 17471 17474 17301 94708 APR 17719 17675 17675 17564 96479 17741 17697 17697 17586 96231 MAY 17940 17826 17826 17731 97251 17839 17724 17724 17629 97071 JU N 17946 17820 17820 17732 97732 17636 17509 17509 17422 97688 JU L 17846 17714 17714 17612 98234 17934 17802 17802 17700 98914 AUG 18053 17953 17953 17846 98888 17811 17711 17711 17604 98917 99073 SEP 18009 17948 17948 17808 99445 17737 17675 17675 17536 OCT 18077 17983 17983 17858 100066 18033 17939 17939 17814 99882 NOV 18340 18268 18268 18083 100892 18340 18268 18268 18083 101500 DEC 18388 18335 18335 18115 101515 18679 18626 18626 18405 103304 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------SEASONALLY ADJUSTED--------------------NONNONBORROWED TOTAL RESERVES 1977 1978 1979 BO RROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE ------------------- NOT SEASONALLY ADJUSTED NONNONBORROWED TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D MONETARY RESERVES BASE JA N 18421 18353 18353 18156 102237 19538 19470 19470 19273 FEB 18299 18227 18227 18100 102654 18253 18182 18182 18055 101487 MAR 18405 18301 18301 18190 103337 17981 17877 17877 17766 102125 102844 APR 18479 18406 18406 18287 104076 18473 18400 18400 18282 103818 MAY 18585 18379 18379 18377 104630 18436 18229 18229 18227 104447 JU N 18471 18208 18208 18324 105186 18117 17855 17855 17970 105085 JU L 18748 18425 18425 18473 106394 18829 18506 18506 18554 107162 AUG 18919 17858 17858 18719 107185 18664 17604 17604 18464 107202 SEP 18873 18247 18247 18664 107923 18615 17990 17990 18406 107520 OCT 18963 17658 17658 18753 108750 18971 17666 17666 18761 108566 NOV 19012 18150 18150 18761 109560 19041 18179 18179 18790 110195 DEC 18990 18420 18420 18800 110323 19337 18768 18768 19147 112278 JA N 19290 18806 18806 19023 111449 20498 20014 20014 20232 112119 FEB 19561 19155 19155 19319 112450 19481 19075 19075 19240 111154 MAR 19286 18958 18958 19087 112778 18806 18478 18478 18607 111482 APR 19408 18851 18851 19260 113377 19372 18815 18815 19223 113101 MAY 19655 18443 18443 19436 114418 19443 18232 18232 19224 114187 JU N 19868 18774 18774 19691 115376 19455 18361 18361 19277 115306 JU L 20118 18801 18801 19921 116273 20196 18878 18878 19998 117107 116925 AUG 19912 18772 18772 19744 116904 19639 18499 18499 19471 SEP 19994 18934 18934 19801 118112 19739 18679 18679 19547 117655 OCT 20109 18832 18832 19947 119044 20152 18875 18875 19990 118854 NOV 19872 19169 19169 19650 119733 19914 19211 19211 19692 120423 DEC 19753 18885 18885 19521 120445 20148 19280 19280 19916 122566 JA N 19821 18818 18818 19606 121272 21115 20112 20112 20901 122030 FEB 19396 18423 18423 19187 121504 19300 18327 18327 19091 120041 MAR 19429 18439 18439 19271 122065 18932 17941 17941 18774 120697 APR 19504 18587 18587 19328 122819 19475 18557 18557 19298 122539 MAY 19553 17788 17788 19412 123487 19322 17557 17557 19181 123234 JU N 19808 18390 18390 19587 124635 19384 17966 17966 19163 124580 JU L 19992 18822 18822 19782 125810 20019 18848 18848 19808 126679 AUG 20008 18923 18923 19786 127079 19698 18612 18612 19476 127138 SEP 20007 18667 18667 19816 128309 19771 18431 18431 19580 127793 OCT 20375 18353 18353 20103 129458 20437 18415 18415 20164 129224 NOV 20398 18492 18492 20153 130369 20457 18551 18551 20213 131156 DEC 20720 19248 19248 20279 131143 21200 19727 19727 20758 133436 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ----- SEASONALLY ADJUSTED--------------------NONNONBORROWED TOTAL RESERVES 1980 1981 1982 BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE ------------------- NOT SEASONALLY ADJUSTED NONNONBORROWED TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE JA N 20693 19452 19452 20442 131998 22068 20826 20827 21817 132831 FEB 20682 19027 19027 20471 132785 20508 18853 18854 20298 131224 MAR 20703 17879 17978 20517 133607 20178 17354 17453 19992 132074 APR 20629 18174 18726 20432 134740 20607 18152 18704 20410 134425 MAY 20440 19421 20164 20262 134998 20195 19176 19919 20017 134803 JU N 20575 20196 20503 20372 135679 20142 19762 20069 19938 135603 JU L 20796 20401 20654 20511 136637 20780 20385 20638 20496 137545 AUG 21011 20352 20594 20709 137977 20670 20012 20254 20369 138108 SEP 21232 19921 20011 20977 139220 20990 19678 19769 20734 138607 OCT 21147 19837 19837 20941 140149 21177 19867 19867 20971 139896 NOV 22150 20091 20091 21629 141566 22227 20167 20167 21705 142429 DEC 22015 20325 20328 21501 142004 22558 20868 20871 22044 144509 JA N 21673 20278 20348 21298 141462 23094 21699 21770 22720 142300 FEB 21840 20536 20557 21489 142270 21682 20379 20400 21332 140650 MAR 22072 21072 21086 21791 143029 21571 20572 20586 21291 141359 APR 22187 20849 20857 22018 143917 22184 20847 20854 22015 143518 MAY 22442 20219 20224 22184 144587 22202 19979 19984 21944 144409 JU N 22326 20289 20295 21988 145001 21874 19836 19843 21536 144872 JU L 22329 20650 20653 21989 145839 22271 20592 20595 21931 146823 AUG 22356 20936 21017 22064 146467 21987 20567 20648 21695 146541 SEP 22487 21031 21332 22073 146941 22237 20780 21081 21822 146376 OCT 22296 21115 21553 22018 147062 22280 21099 21537 22002 146791 NOV 22338 21675 21840 21993 147749 22415 21752 21918 22071 148618 DEC 22443 21807 21956 22124 149021 22999 22362 22511 22680 151698 JA N 22669 21152 21349 22251 149991 24077 22559 22757 23658 150835 FEB 22551 20762 20994 22248 150459 22379 20590 20822 22076 148732 MAR 22452 20898 21206 22091 150659 21994 20439 20747 21632 148920 APR 22337 20769 21014 22064 151606 22355 20787 21032 22082 151189 MAY 22402 21285 21461 22043 152868 22205 21087 21263 21846 152595 JU N 22368 21164 21268 22060 153861 21941 20736 20840 21633 153772 JU L 22182 21490 21541 21868 154385 22105 21414 21464 21791 155455 155508 AUG 22348 21833 21926 22036 155470 21985 21469 21563 21672 SEP 22685 21752 21871 22302 156629 22433 21500 21619 22050 156095 OCT 22889 22412 22553 22485 157716 22859 22382 22523 22455 157397 NOV 23354 22733 22921 22952 158667 23415 22795 22983 23014 159572 DEC 23600 22966 23152 23100 160127 24147 23513 23698 23646 163031 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------SEASONALLY ADJUSTED--------------------NONNONBORROWED BO RROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D MONETARY RESERVES BASE ------------------- NOT SEASONALLY ADJUSTED NONNONBORROWED TOTAL RESERVES BORROW ED RESERVES R E Q U IR E D RESERVES PLU S EXT CR RESERVES 22697 22854 22678 161136 24595 24066 24223 24047 23319 23597 23466 163170 23737 23154 23433 23301 23514 24414 23621 23939 23981 165052 23947 23155 23472 24900 23890 24295 24424 166549 24923 23914 24319 24447 24860 23907 24420 24411 167842 24682 23729 24242 24233 24343 25277 23641 24599 24797 169393 24823 23187 24145 25356 23903 24480 24848 170129 25255 23802 24380 24747 25376 23830 24320 24929 171208 24986 23440 23931 24540 25435 23994 24509 24937 172411 25149 23708 24223 24652 25454 24610 24866 24949 173584 25403 24559 24816 24898 25396 24491 24497 24867 174605 25451 24546 24552 24922 25367 24593 24595 24806 175467 25914 25140 25142 25353 25451 24736 24740 24838 176896 26926 26211 26215 26313 24484 25840 25272 25277 24922 177783 25402 24835 24840 25818 24867 24894 25140 178973 25454 24502 24529 24775 25762 24528 24572 25273 180052 26157 24923 24968 25669 25931 22943 22980 25361 180968 25485 22496 22533 24914 26288 22987 24860 25519 182185 26199 22898 24771 25430 26121 20197 25205 25492 182909 26062 20138 25146 25433 26087 18070 25113 25401 183770 25869 17853 24896 25184 26069 18827 25285 25438 184662 26016 18775 25233 25386 26178 20161 25219 25583 185306 26028 20011 25069 25433 26418 21800 25637 25711 186084 26525 21907 25744 25818 26854 23667 26272 25999 187237 27656 24470 27074 26801 27139 25744 26794 26429 188251 27834 26439 27489 27125 27585 26296 27100 26721 189654 27061 25772 26576 26197 27586 25993 27052 26913 190322 27178 25585 26644 26505 27921 26598 27466 27170 191512 28308 26986 27854 27557 28209 26875 27409 27457 192775 27721 26387 26921 26969 28996 27791 28456 28080 194814 28886 27682 28347 27970 29250 28144 28650 28428 196226 29214 28107 28614 28392 29726 28654 29223 28903 198072 29503 28430 29000 28680 29997 28708 29363 29334 199248 29910 28621 29277 29248 30404 29217 29846 29670 200731 30204 29017 29646 29471 30782 29041 29572 29866 202011 30909 29169 29699 29993 31460 30141 30641 30423 203529 32369 31051 31550 31332 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ----- SEASONALLY ADJUSTED--------------------NONNONBORROWED TOTAL RESERVES 1986 1987 1988 BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE ------------------- NOT SEASONALLY ADJUSTED NONNONBORROWED TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D MONETARY RESERVES BASE JA N 31672 30902 31399 30551 204314 32539 31769 32266 31419 204878 FEB 31652 30768 31260 30572 205337 31043 30160 30652 29963 202793 MAR 32049 31289 31807 31171 206892 31570 30809 31327 30692 204846 APR 32528 31636 32270 31772 208194 32947 32054 32689 32191 207793 MAY 33316 32440 33024 32467 210128 32748 31872 32456 31899 209347 JU N 34104 33301 33831 33189 211833 33943 33140 33670 33028 212510 JU L 34779 34038 34416 33909 213637 34811 34070 34448 33940 215261 AUG 35333 34461 34926 34607 215377 35044 34171 34636 34317 215925 SEP 35652 34644 35214 34963 216813 35539 34530 35101 34849 216419 OCT 36195 35354 35851 35486 218563 35934 35093 35590 35225 217612 NOV 37188 36436 36854 36257 220561 37368 36616 37034 36438 221188 DEC 38950 38123 38426 37580 223571 40014 39188 39490 38644 226959 JA N 39423 38843 39068 38341 225489 40594 40014 40239 39511 226323 FEB 39019 38462 38745 37821 226570 38260 37704 37987 37062 223926 M AR 38822 38295 38559 37907 227028 38236 37709 37973 37321 225023 APR 39680 38687 38957 38833 229062 40183 39191 39461 39336 228832 MAY 39979 38944 39231 38905 230541 39297 38262 38549 38223 229818 JU N 39634 38858 39131 38419 231444 39416 38639 38912 38201 232088 JU L 39217 38545 38739 38411 232073 39312 38640 38834 38506 234017 AUG 39400 38752 38884 38358 233526 39058 38411 38542 38016 234127 SEP 39214 38274 38682 38426 234782 39085 38145 38554 38297 234206 OCT 39814 38872 39321 38698 237006 39529 38586 39035 38412 235761 NOV 39261 38636 39030 38311 238595 39441 38817 39210 38492 239180 DEC 38866 38089 38572 37820 239784 39953 39175 39658 38906 243251 JA N 39668 38586 38958 38365 241913 40804 39722 40094 39501 242927 FEB 39401 39005 39210 38254 242826 38653 38257 38462 37505 240197 MAR 39254 37502 38980 38337 243868 38657 36905 38383 37740 241748 APR 39843 36850 39473 38978 246082 40381 37388 40012 39516 245647 MAY 40063 37485 39592 39009 247601 39290 36712 38819 38236 246772 JU N 40389 37306 39860 39493 249397 40257 37174 39728 39361 250266 JU L 40829 37389 39928 39811 251368 40914 37474 40013 39896 253133 AUG 40607 37366 40019 39638 252372 40235 36994 39647 39265 252650 SEP 40376 37536 39595 39376 253457 40221 37382 39440 39221 252410 OCT 40313 38014 39795 39250 254558 40054 37754 39535 38991 253158 NOV 40455 37594 39916 39307 255843 40609 37748 40070 39460 256176 DEC 40410 38694 39938 39362 256920 41646 39930 41174 40599 260413 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS •..... SEASONALLY ADJUSTED........................................... NOT SEASONALLY ADJUSTED NONNONNONBORROWED NONBORROWED TOTAL RESERVES 1989 1990 1991 BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D MONETARY RESERVES BASE TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE 258802 JA N 40507 38845 39891 39358 258098 41593 39931 40977 40444 FEB 40249 38762 39812 39112 258281 39507 38021 39070 38370 255693 MAR 39876 38064 39398 38971 259129 39235 37422 38757 38329 257124 APR 39743 37454 39161 38945 259727 40333 38044 39751 39534 259704 MAY 39355 37635 38832 38319 260381 38552 36832 38029 37516 259647 JU N 39158 37668 38584 38252 261196 39108 37618 38534 38202 262152 JU L 39551 38857 38963 38585 262402 39577 38883 38989 38611 264037 AUG 39425 38750 38792 38541 262965 39058 38383 38424 38173 263168 SEP 39659 38966 38988 38722 263779 39499 38806 38828 38562 262664 OCT 39996 39440 39462 38976 264724 39764 39209 39230 38744 263364 NOV 40130 39781 39802 39186 265685 40308 39959 39980 39363 266102 DEC 40508 40242 40262 39585 267723 41773 41508 41528 40851 271179 JA N 40721 40281 40307 39705 269710 41758 41319 41344 40742 270475 FEB 40688 39240 39775 39699 271092 39953 38505 39040 38965 268730 MAR 40751 38627 40578 39890 273067 40077 37953 39904 39216 271168 APR 41029 39401 40805 40132 275276 41680 40053 41456 40783 275474 MAY 40707 39372 40248 39744 276751 39914 38579 39455 38951 276174 279956 JU N 40724 39842 40188 39950 279054 40672 39790 40136 39898 JU L 40652 39895 40175 39790 281096 40622 39864 40144 39759 282593 AUG 40864 39937 40065 39997 284045 40473 39546 39673 39605 284255 SEP 41034 40409 40416 40125 287168 40877 40253 40259 39968 286211 OCT 40628 40218 40236 39781 289038 40392 39982 40000 39546 287725 291425 NOV 40899 40669 40693 39952 290969 41138 40908 40933 40191 DEC 41780 41455 41478 40116 293332 43068 42742 42765 41404 296683 JA N 42285 41751 41777 40115 297855 43282 42748 42774 41112 298649 298658 FEB 42098 41846 41879 40289 300884 41355 41103 41137 39547 MAR 41972 41731 41784 40793 302716 41274 41033 41086 40095 300991 APR 41999 41768 41853 40968 303150 42684 42453 42539 41654 303362 MAY 42388 42086 42173 41359 304046 41622 41319 41407 40592 303706 JU N 42804 42464 42472 41796 305563 42737 42397 42405 41729 306520 JU L 43005 42399 42444 42100 307282 42918 42311 42357 42012 308608 AUG 43335 42571 42871 42249 309178 42885 42121 42421 41799 309185 SEP 43438 42792 43094 42509 310393 43279 42634 42936 42350 309682 OCT 43887 43626 43638 42804 312534 43667 43406 43418 42584 311490 NOV 44583 44475 44476 43690 315026 44861 44753 44755 43969 315146 DEC 45547 45355 45356 44569 317502 46975 46783 46784 45996 321065 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------SEASONALLY ADJUSTED--------------------NONNONBORROWED TOTAL RESERVES 1992 1993 1994 BO RROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE ------------------- NOT SEASONALLY ADJUSTED NONNONBORROWED TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D M ONETARY RESERVES BASE JA N 46281 46047 46048 45278 319433 47344 47111 47111 46341 320428 FEB 47731 47654 47656 46667 322823 46841 46764 46766 45777 320376 MAR 48509 48418 48420 47481 324661 47674 47583 47585 46646 322685 APR 49115 49025 49027 47978 326839 49998 49908 49910 48861 327438 328355 MAY 49434 49279 49279 48434 328868 48602 48447 48447 47601 JU N 49322 49093 49093 48409 330436 49220 48991 48991 48307 330919 JU L 49666 49382 49382 48701 333250 49494 49210 49210 48529 334075 AUG 50351 50100 50100 49416 336791 49777 49526 49526 48843 336573 SEP 51248 50961 50961 50254 340877 51071 50784 50784 50077 340080 OCT 52788 52645 52645 51714 344610 52616 52474 52474 51543 343626 NOV 53748 53644 53644 52705 347795 54079 53974 53974 53036 347888 DEC 54367 54243 54244 53212 351244 56056 55933 55933 54901 354546 JA N 54735 54570 54571 53475 353454 55967 55801 55803 54707 354414 FEB 54849 54804 54804 53745 355807 53805 53759 53760 52701 353182 MAR 55160 55069 55069 53947 358167 54167 54075 54075 52954 355996 APR 55325 55252 55252 54229 360735 56349 56276 56276 55253 361628 MAY 56757 56635 56636 55761 364900 55855 55734 55734 54859 364070 JU N 57103 56922 56922 56192 367928 56933 56751 56751 56022 368719 JU L 57589 57345 57345 56500 371194 57385 57141 57141 56297 371997 AUG 58015 57663 57663 57063 374312 57343 56991 56991 56391 374083 SEP 58762 58335 58335 57672 378196 58646 58218 58218 57556 377723 OCT 59704 59419 59419 58615 381642 59481 59195 59195 58391 380800 NOV 60327 60237 60237 59226 384404 60671 60582 60582 59571 384285 DEC 60519 60437 60437 59456 386877 62367 62285 62285 61305 390588 JA N 60666 60592 60592 59218 390028 62046 61973 61973 60598 391009 FEB 60721 60651 60651 59581 393874 59555 59485 59485 58415 390881 MAR 60540 60485 60485 59573 396474 59541 59486 59486 58574 394191 APR 60499 60375 60375 59347 398723 61548 61423 61423 60396 399882 MAY 60127 59927 59927 53212 401255 59155 58955 58955 58240 400411 JU N 60005 59672 59672 58900 403968 59781 59447 59447 58676 404900 JU L 60124 59666 59666 59016 407220 59923 59465 59465 58816 408378 AUG 59820 59352 59352 58817 409322 59141 58673 58673 58137 409214 SEP 59760 59273 59273 58699 411543 59728 59241 59241 58668 411371 OCT 59502 59122 59122 58699 414080 59241 58860 58860 58437 413149 NOV 59443 59194 59194 58436 417205 59731 59482 59482 58724 417075 DEC 59364 59156 59156 58196 418723 61133 60924 60924 59964 422514 TABLE 1 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS SEASO N ALLY A D J U S T E D .............................................................................................................................N O T NONTOTAL RESERVES 1995 NON- BO RROW ED BO RROW ED RESERVES RESERVES PLU S EXT SEASO N ALLY A D JU S T E D NONBORROW ED NONCR R E Q U IR E D M ONETARY RESERVES BASE TOTAL RESERVES BORROW ED RESERVES RESERVES PLU S EXT CR R E Q U IR E D MONETARY RESERVES BASE JA N 59145 59009 59013 57806 421032 60521 60386 60390 59182 421841 FEB 58857 58798 58798 57911 422421 57725 57666 57666 56779 419253 MAR 58500 58431 58431 57706 425165 57627 57558 57558 56832 423273 APR 57988 57877 57877 57235 427551 58935 58824 58824 58182 428744 MAY 57801 57651 57651 56921 430112 56831 56681 56681 55951 429294 JU N 57383 57110 57110 56418 429308 57136 56863 56863 56172 430271 JU L 57680 57309 57309 56590 429822 57498 57127 57127 56409 431306 AUG 57499 57217 57217 56512 430807 56944 56662 56662 55956 431092 SEP 57344 57066 57066 56394 431685 57304 57026 57026 56354 431635 OCT 56839 56593 56593 55758 432737 56558 56313 56313 55477 431595 NOV 56333 56129 56129 55390 433206 56572 56368 56368 55629 433220 DEC 56364 56106 56106 55086 435008 58021 57763 57763 56743 439027 TABLE AGGREGATE NOT RESERVES A D JU S T E D FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NONTOTAL RESERVES 1959 1960 1961 BORROW ED RESERVES BORROW ED RESERVES PLUS EXT CR R E Q U IR E D EXCESS MONETARY RESERVES RESERVES BASE JA N 18889 18338 18338 18392 498 50525 FEB 18570 18065 18065 18117 454 49805 M AR 18431 17832 17832 17971 460 49733 APR 18678 17986 17986 18246 431 50058 MAY 18552 17811 17811 18131 421 50112 JU N 18454 17525 17525 18048 407 50337 JU L 18683 17721 17721 18267 416 50802 AUG 18591 17601 17601 18144 448 50661 SEP 18622 17696 17696 18180 443 50723 OCT 18607 17700 17700 18166 441 50661 NOV 18621 17763 17763 18177 444 50877 DEC 18956 18015 18015 18450 506 51505 JA N 18847 17960 17960 18333 514 50661 FEB 18213 17403 17403 17759 454 49609 M AR 18032 17391 17391 17609 423 49483 APR 18124 17518 17518 17698 426 49656 MAY 18215 17719 17719 17770 445 49734 JU N 18307 17873 17873 17828 480 50015 JU L 18513 18135 18135 18013 501 50455 AUG 18500 18204 18204 17957 542 50279 SEP 18560 18345 18345 17933 627 49920 OCT 18762 18595 18595 18099 662 50130 NOV 18984 18851 18851 18242 743 50251 DEC 19262 19188 19188 18518 743 49763 JA N 19337 19272 19272 18565 772 49103 FEB 18961 18828 18828 18312 649 48441 MAR 18811 18741 18741 18265 546 48362 APR 18884 18827 18827 18268 616 48455 MAY 18858 18763 18763 18302 556 48494 JU N 19021 18958 18958 18430 590 48876 JU L 19102 19048 19048 18486 616 49216 AUG 19195 19130 19130 18616 579 49334 SEP 19361 19323 19323 18781 580 49599 OCT 19687 19617 19617 19155 532 50032 NOV 19808 19710 19710 19217 591 50484 DEC 20131 19998 19998 19547 584 51281 TABLE AGGREGATE NOT RESERVES A D JU S T ED FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NONTOTAL RESERVES 1962 1963 1964 BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D EXCESS M ONETARY RESERVES RESERVES BASE JA N 20095 20009 20009 19473 623 50604 FEB 19571 19503 19503 19069 502 49841 50024 M AR 19549 19460 19460 19077 472 APR 19716 19644 19644 19224 492 50366 MAY 19829 19768 19768 19312 517 50543 JU N 19923 19821 19821 19450 473 50908 JU L 20053 19962 19962 19519 534 51314 AUG 19883 19759 19759 19353 530 51176 SEP 20067 19986 19986 19577 490 51323 51552 OCT 20198 20136 20136 19721 477 NOV 19570 19449 19449 19013 557 51344 DEC 20054 19794 19794 19482 572 52257 JA N 20042 19896 19896 19537 505 51636 FEB 19568 19403 19403 19107 461 51014 MAR 19522 19374 19374 19088 434 51206 51489 APR 19607 19477 19477 19151 457 MAY 19649 19439 19439 19219 430 51702 JU N 19770 19511 19511 19353 417 52195 52768 JU L 19988 19690 19690 19533 454 AUG 19705 19376 19376 19260 445 52600 SEP 19967 19649 19649 19539 428 52911 OCT 19989 19669 19669 19592 397 53118 NOV 20147 19798 19798 19706 441 53775 DEC 20702 20369 20369 20211 490 54913 JA N 20679 20405 20405 20239 440 54238 FEB 20150 19864 19864 19752 397 53472 M AR 20242 19964 19964 19856 386 53830 APR 20254 20043 20043 19902 352 54052 MAY 20242 19982 19982 19888 354 54274 JU N 20545 20277 20277 20170 375 54940 JU L 20639 20376 20376 20264 376 55426 AUG 20579 20264 20264 20158 421 55427 SEP 20925 20580 20580 20494 431 55888 OCT 21023 20702 20702 20625 398 56162 NOV 21181 20781 20781 20774 408 56786 DEC 21596 21332 21332 21190 406 57737 TABLE AGGREGATE NOT RESERVES A D JU S T E D FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NONTOTAL RESERVES 1965 1966 1967 BORROW ED RESERVES BORROW ED RESERVES PLUS EXT CR R E Q U IR E D EXCESS M ONETARY RESERVES RESERVES BASE JA N 21632 21332 21332 21217 415 FEB 21201 20796 20796 20789 412 57138 56508 M AR 21263 20852 20852 20898 366 56696 APR 21496 21025 21025 21155 341 57089 MAY 21476 20981 20981 21142 334 57165 JU N 21720 21183 21183 21358 362 57761 JU L 21873 21345 21345 21521 353 58408 AUG 21581 21034 21034 21185 396 58192 SEP 21759 21205 21205 21349 410 58574 OCT 21984 21496 21496 21625 358 59137 NOV 21940 21508 21508 21588 352 59615 DEC 22694 22250 22250 22270 423 61022 JA N 22777 22357 22357 22398 379 60520 FEB 22205 21723 21723 21858 347 59752 M AR 22186 21625 21625 21844 342 59933 APR 22529 21892 21892 22174 355 60511 MAY 22462 21774 21774 22121 341 60632 JU N 22562 21855 21855 22206 356 61102 JU L 23062 22321 22321 22684 378 62064 AUG 22678 21943 21943 22310 367 61734 SEP 23222 22453 22453 22851 371 62360 OCT 23373 22639 22639 23041 333 62604 NOV 23226 22618 22618 22841 385 62993 DEC 23785 23252 23252 23446 339 64185 63850 JA N 24101 23692 23692 23698 403 FEB 23720 23357 23357 23351 369 63282 MAR 23375 23175 23175 22961 414 63166 APR 23411 23265 23265 23061 350 63274 MAY 23272 23183 23183 22908 365 63382 JU N 23456 23351 23351 23104 352 64005 JU L 23972 23857 23857 23554 418 64821 64700 AUG 23764 23683 23683 23398 365 SEP 24181 24093 24093 23839 342 65226 OCT 24666 24537 24537 24330 335 65894 NOV 24689 24558 24558 24331 358 66453 DEC 25291 25064 25064 24916 375 67818 TABLE AGGREGATE NOT RESERVES A D JU S T E D FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T ED NON NONTOTAL RESERVES 1968 1969 1970 BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D EXCESS M ONETARY RESERVES RESERVES BASE JA N 25835 25589 25589 25448 387 67698 FEB 25598 25225 25225 25211 386 67213 M AR 25563 24904 24904 25226 337 67521 APR 25623 24938 24938 25287 335 67954 MAY 25440 24699 24699 25080 360 68078 JU N 25684 24990 24990 25356 328 68874 JU L 26049 25521 25521 25698 351 69701 AUG 26019 25454 25454 25690 329 69888 SEP 26054 25550 25550 25692 361 70048 OCT 26638 26195 26195 26392 245 70831 NOV 26769 26224 26224 26461 308 71728 73139 DEC 27192 26446 26446 26766 426 JA N 28075 27339 27339 27828 246 72865 FEB 27314 26479 26479 27061 254 71978 M AR 26753 25851 25851 26534 219 71768 APR 27088 26085 26085 26922 167 72362 MAY 27856 26482 26482 27601 255 73358 JU N 27273 25888 25888 26969 304 73510 JU L 27081 25829 25829 26856 225 73726 AUG 27008 25789 25789 26771 237 73773 SEP 27002 25922 25922 26728 274 73780 OCT 27353 26203 26203 27190 163 74436 NOV 27744 26541 26541 27515 229 75569 DEC 28053 26934 26934 27767 286 76753 JA N 28854 27894 27894 28680 174 76398 FEB 27910 26830 26830 27702 208 75237 MAR 27517 26619 26619 27355 163 75277 APR 28123 27277 27277 27971 152 76294 76649 MAY 27876 26909 26909 27719 157 JU N 27563 26682 26682 27373 190 76900 JU L 28145 26785 26785 27979 166 77960 AUG 28372 27534 27534 28198 174 78228 SEP 28790 28190 28190 28546 244 78684 OCT 28647 28185 28185 28442 205 78692 NOV 28667 28252 28252 28433 234 79468 DEC 29246 28914 28914 28998 249 80987 TABLE AGGREGATE NOT RESERVES A D JU S T E D FO R NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NONTOTAL RESERVES 1971 1972 1973 BORROW ED RESERVES BORROW ED RESERVES PLUS EXT CR R E Q U IR E D EXCESS MONETARY RESERVES RESERVES BASE JA N 30439 30074 30074 30205 234 81171 FEB 29900 29568 29568 29645 254 80565 MAR 29680 29362 29362 29485 195 80788 APR 29910 29756 29756 29742 168 81641 MAY 30327 30043 30043 30107 219 82405 JU N 30094 29601 29601 29892 201 82894 JU L 30566 29743 29743 30381 184 84184 AUG 30452 29643 29643 30256 196 84079 SEP 30783 30288 30288 30594 189 84431 OCT 30812 30455 30455 30650 163 84692 NOV 30927 30543 30543 30690 237 85491 DEC 31345 31219 31219 31163 182 86783 JA N 32890 32869 32869 32684 206 87274 FEB 31943 31911 31911 31791 152 86213 M AR 31880 31782 31782 31690 190 86688 APR 32580 32463 32463 32424 156 87823 MAY 32843 32732 32732 32704 139 88547 JU N 32541 32441 32441 32338 203 88864 JU L 33064 32826 32826 32871 193 90004 AUG 33079 32691 32691 32891 188 90092 90191 SEP 33050 32508 32508 32838 212 OCT 33764 33209 33209 33553 211 91353 NOV 31812 31204 31204 31458 354 90470 DEC 31415 30365 30365 31131 284 91265 JA N 32859 31699 31699 32601 258 91706 FEB 31734 30141 30141 31537 197 90407 MAR 31891 30067 30067 31681 209 91160 92481 APR 32349 30638 30638 32126 223 MAY 32413 30571 30571 32275 138 93120 JU N 32187 30336 30345 31970 217 93653 JU L 33483 31531 31562 33200 283 95502 AUG 33712 31548 31573 33540 172 95844 SEP 34006 32154 32180 33775 231 96181 OCT 34942 33466 33482 34690 252 97439 NOV 34767 33375 33375 34543 225 98312 DEC 35108 33810 33810 34804 304 99915 TABLE AGGREGATE NOT RESERVES A D JU S T E D FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NONTOTAL RESERVES 1974 1975 1976 BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D EXCESS MONETARY RESERVES RESERVES BASE JA N 36581 35530 35533 36419 162 FEB 35235 34044 34044 35051 184 100494 99171 M AR 34925 33611 33611 34791 134 99661 APR 35953 34217 34217 35771 182 101602 MAY 36485 33895 34553 36325 160 102828 JU N 36457 33451 34677 36259 198 103510 JU L 37323 34022 35452 37161_ 162 104986 AUG 37041 33705 35241 36853 188 105075 SEP 37067 33785 35413 36886 181 105212 OCT 36874 35061 35547 36754 120 105701 NOV 36776 35524 35683 36571 205 106898 DEC 36861 36134 36281 36603 258 108323 JA N 37700 37302 37438 37553 147 107955 FEB 35527 35379 35432 35333 194 105650 M AR 34712 34607 34644 34513 200 105728 106701 APR 35171 35061 35072 35014 158 MAY 34651 34585 34589 34496 155 107070 JU N 34630 34403 34419 34429 201 108285 109384 JU L 34875 34574 34593 34687 188 AUG 34460 34249 34261 34265 195 109114 SEP 34637 34241 34255 34446 191 109140 109697 OCT 34634 34444 34456 34427 207 NOV 34576 34516 34521 34293 283 110989 DEC 34990 34860 34872 34724 266 112786 JA N 35602 35524 35535 35362 240 112109 FEB 34151 34070 34080 33933 219 110626 MAR 33757 33703 33706 33534 223 111249 APR 34128 34084 34084 33973 155 112928 113613 MAY 34057 33943 33943 33848 210 JU N 33864 33738 33738 33651 214 114240 JU L 34311 34178 34178 34076 234 115623 AUG 34051 33951 33951 33844 207 115487 SEP 33893 33831 33831 33692 201 115566 OCT 34335 34241 34241 34116 219 116521 NOV 34690 34618 34618 34433 257 118195 DEC 35237 35184 35184 34964 274 120221 TABLE AGGREGATE NOT RESERVES A D JU S T E D FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NONTOTAL RESERVES 1977 1978 1979 BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D EXCESS M ONETARY RESERVES RESERVES BASE JA N 36064 35996 35996 35799 266 119745 FEB 34432 34361 34361 34234 198 118018 MAR 34085 33982 33982 33870 215 118577 APR 34794 34720 34720 34602 192 120498 MAY 34669 34462 34462 34461 208 121047 JU N 34441 34178 34178 34294 147 121776 124015 JU L 35317 34994 34994 35043 275 AUG 35187 34127 34127 34987 200 124092 SEP 35173 34548 34548 34964 209 124452 OCT 35732 34426 34426 35521 210 125692 NOV 35897 35036 35036 35647 251 127422 129821 DEC 36486 35917 35917 36296 190 JA N 38144 37660 37660 37877 267 130187 FEB 36849 36443 36443 36607 241 128908 MAR 36127 35799 35799 35927 199 129166 APR 36970 36413 36413 36821 148 131071 MAY 37083 35871 35871 36864 219 132208 JU N 37303 36209 36209 37125 178 133549 JU L 38246 36929 36929 38048 197 135562 AUG 37571 36432 36432 37404 168 135258 SEP 37806 36746 36746 37613 193 136124 OCT 38376 37099 37099 38215 162 137485 NOV 39645 38942 38942 39423 222 140563 DEC 41678 40810 40810 41446 232 144526 JA N 43079 42077 42077 42865 214 144448 FEB 40703 39730 39730 40494 209 141858 MAR 40217 39226 39226 40059 158 142383 APR 40724 39807 39807 40548 176 144178 MAY 40237 38472 38472 40096 141 144557 JU N 40104 38686 38686 39883 221 145719 148005 JU L 40916 39746 39746 40705 211 AUG 40715 39630 39630 40494 222 148581 SEP 41054 39713 39713 40862 191 149513 151438 OCT 42280 40258 40258 42007 272 NOV 42997 41092 41092 42753 245 153659 DEC 44020 42547 42547 43578 442 156370 TABLE AGGREGATE NOT RESERVES A D JU S T E D FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T ED NON NONTOTAL RESERVES 1980 1981 1982 BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D EXCESS M ONETARY RESERVES RESERVES BASE JA N 45179 43938 43938 44928 251 FEB 43177 41522 41522 42966 211 154132 M AR 43096 40273 40372 42910 186 155052 156175 APR 44880 42425 42977 44683 197 157675 MAY 43963 42945 43687 43785 178 157985 JU N 43472 43092 43400 43268 203 158786 JU L 42859 42464 42717 42575 284 159905 AUG 40373 39715 39956 40071 302 158290 SEP 41164 39852 39943 40908 256 159285 OCT 41704 40394 40394 41498 206 160925 NOV 41244 39185 39185 40723 521 161862 DEC 40660 38970 38973 40146 514 162996 JA N 41621 40226 40297 41247 374 161277 FEB 39872 38568 38590 39521 350 159155 M AR 39687 38688 38702 39407 280 159761 APR 40338 39000 39008 40169 169 161996 MAY 40522 38299 38305 40265 257 163002 163708 JU N 40447 38409 38416 40108 338 JU L 41006 39327 39330 40666 340 165865 AUG 41007 39588 39668 40716 292 165819 SEP 40591 39135 39436 40177 414 164399 OCT 40710 39530 39967 40433 278 164880 NOV 40949 40286 40452 40605 344 166815 DEC 41925 41289 41437 41606 319 170308 169786 JA N 43202 41685 41882 42784 418 FEB 41285 39496 39728 40981 304 167479 M AR 39227 37673 37981 38866 361 166071 APR 39557 37989 38234 39284 273 168329 MAY 39550 38433 38609 39191 359 169862 JU N 39566 38362 38466 39258 308 171277 JU L 39965 39273 39323 39651 314 173197 AUG 40179 39663 39757 39866 312 173641 SEP 39960 39027 39145 39576 384 173171 174680 OCT 40587 40110 40251 40183 404 NOV 41200 40580 40768 40799 402 176951 DEC 41855 41221 41406 41354 500 180351 TABLE AGGREGATE NOT RESERVES A D JU S T E D FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NONTOTAL RESERVES 1983 1984 1985 BORROW ED RESERVES BORROW ED RESERVES PLUS EXT CR R E Q U IR E D EXCESS M ONETARY RESERVES RESERVES BASE JA N 41864 41334 41491 41315 548 179000 FEB 39799 39217 J9495 39364 435 177161 MAR 38035 37242 37560 37601 433 177175 APR 38650 37641 38046 38174 476 179760 MAY 38282 37330 37843 37833 449 181167 JU N 38415 36779 37737 37934 480 183032 185191 JU L 38948 37495 38072 38440 507 AUG 38661 37115 37605 38214 446 185286 SEP 37916 36475 36990 37418 498 184995 186474 OCT 38138 37294 37550 37633 505 NOV 38144 37239 37245 37615 529 188843 DEC 38894 38120 38122 38333 561 192231 JA N 40120 39405 39409 39507 613 192189 FEB 36340 35773 35778 35423 918 187696 MAR 36247 35296 35323 35569 679 189227 APR 37153 35919 35963 36664 489 191984 MAY 36513 33525 33561 35943 570 192548 JU N 37520 34220 36092 36752 768 195074 JU L 37487 31563 36571 36858 629 196741 AUG 37261 29244 36287 36576 685 196981 SEP 38045 30804 37262 37415 630 197480 OCT 38487 32470 37528 37892 595 198113 NOV 39248 34631 38468 38541 707 200285 DEC 40698 37511 40115 39843 855 204173 JA N 41089 39694 40744 40380 709 203129 201641 FEB 40234 38945 39749 39370 864 MAR 40402 38808 39867 39728 673 202891 APR 41665 40343 41211 40914 751 205304 MAY 41000 39666 40199 40247 752 206397 JU N 42364 41159 41824 41447 916 209953 JU L 42770 41663 42170 41948 822 212274 AUG 42959 41886 42456 42135 823 213137 SEP 44445 43156 43811 43782 663 214462 OCT 45450 44263 44892 44716 734 216138 NOV 46369 44629 45159 45454 916 218902 DEC 48122 46803 47303 47085 1037 223476 TABLE AGGREGATE NOT RESERVES A D JU S T E D FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NON TOTAL RESERVES 1986 1987 1988 BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D EXCESS M ONETARY RESERVES RESERVES BASE JA N 48070 47299 47796 46949 1121 FEB 46635 45751 46243 45555 1080 219495 M AR 47256 46495 47013 46378 878 221624 224795 221523 APR 48837 47944 48579 48081 756 MAY 48430 47554 48139 47581 849 226046 JU N 49922 49119 49649 49007 914 229607 JU L 50989 50248 50626 50118 870 232474 AUG 51264 50392 50857 50538 726 233238 SEP 53152 52144 52714 52463 690 234991 OCT 54587 53745 54243 53877 710 237177 NOV 56351 55600 56017 55421 930 241183 DEC 59561 58734 59037 58191 1370 247623 JA N 59683 59103 59328 58600 1083 246657 FEB 57046 56490 56773 55849 1198 244116 MAR 57061 56533 56797 56146 915 244875 APR 59413 58420 58691 58566 847 249139 MAY 58334 57299 57586 57260 1074 249839 JU N 58809 58032 58305 57594 1215 252437 JU L 58884 58211 58406 58078 806 254574 AUG 58370 57723 57855 57329 1042 254266 SEP 59808 58868 59277 59020 788 255594 OCT 61094 60151 60600 59977 1116 257974 NOV 61231 60606 61000 60282 950 261570 DEC 62141 61363 61846 61094 1046 266057 JA N 62647 61566 61937 61345 1302 265677 262481 FEB 60061 59665 59870 58914 1148 MAR 60063 58312 59790 59147 916 263862 APR 62070 59077 61701 61205 865 268009 MAY 60694 58117 60223 59641 1054 268782 JU N 61999 58917 61470 61103 896 272537 JU L 62766 59327 61865 61749 1018 275479 AUG 61982 58741 61394 61012 970 274928 SEP 62181 59342 61401 61181 1000 274742 OCT 61916 59616 61398 60853 1063 275588 NOV 62436 59575 61897 61287 1149 278469 DEC 63746 62030 63275 62699 1047 282995 TABLE AGGREGATE NOT RESERVES A D JU S T E D FO R NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NONTOTAL RESERVES 1989 1990 1991 BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D EXCESS MONETARY RESERVES RESERVES BASE JA N 63472 61810 62856 62323 1149 FEB 60677 59190 60240 59540 1137 277456 M AR 60161 58349 59683 59256 906 278759 281135 APR 61310 59021 60728 60511 799 281377 MAY 58916 57196 58393 57880 1036 280448 JU N 59587 58097 59013 58681 906 283087 JU L 60254 59560 59666 59288 966 285209 AUG 59559 58884 58925 58674 884 284063 SEP 60126 59433 59455 59189 937 283615 OCT 60397 59842 59863 59378 1020 284328 NOV 60989 60640 60661 60044 945 287189 DEC 62810 62544 62564 61887 923 292554 JA N 62931 62491 62516 61914 1017 292131 290025 FEB 60623 59175 59710 59634 989 M AR 60658 58535 60485 59797 861 292377 APR 62512 60884 62288 61615 897 296872 297034 MAY 60232 58897 59772 59269 963 JU N 61197 60315 60661 60423 773 300985 JU L 60943 60185 60465 60080 862 303387 AUG 60728 59801 59928 59860 868 304995 SEP 61452 60828 60834 60543 909 307211 OCT 61052 60642 60660 60206 847 308854 NOV 62045 61815 61840 61098 947 312689 DEC 59120 58795 58818 57456 1664 313700 JA N 50992 50458 50484 48823 2169 309303 308531 FEB 48551 48299 48333 46743 1808 M AR 48586 48345 48398 47407 1179 311040 APR 50301 50070 50156 49270 1031 313946 MAY 49063 48760 48848 48033 1030 314251 JU N 50407 50068 50075 49399 1008 317253 JU L 50660 50054 50099 49754 906 319460 AUG 50607 49843 50143 49521 1086 320074 SEP 51127 50482 50784 50198 929 320698 OCT 51584 51323 51335 50501 1083 322712 NOV 53057 52949 52951 52165 892 326880 DEC 55532 55340 55340 54553 979 333611 TABLE AGGREGATE NOT RESERVES A D JU S T E D FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T ED NON NON TOTAL RESERVES 1992 1993 1994 BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D EXCESS M ONETARY RESERVES RESERVES BASE JA N 55812 55579 55579 54809 1003 FEB 55238 55161 55163 54174 1065 333190 MAR 56282 56191 56193 55254 1028 335817 333094 APR 50455 50365 50367 49318 1137 332694 MAY 48825 48670 48670 47825 1000 333792 JU N 49496 49267 49267 48584 913 336431 JU L 49823 49538 49538 48857 965 339865 AUG 50162 49911 49911 49227 935 342494 SEP 51521 51234 51234 50527 994 346207 OCT 53136 52993 52993 52062 1074 349812 NOV 54666 54562 54562 53624 1043 354251 DEC 56540 56416 56417 55385 1155 360895 JA N 56004 55838 55839 54744 1260 360875 FEB 53882 53837 53837 52778 1104 359558 MAR 54296 54204 54204 53083 1213 362588 APR 56541 56468 56468 55445 1096 368175 MAY 56101 55979 55979 55104 996 370461 JU N 57238 57057 57057 56328 911 375192 JU L 57750 57506 57506 56661 1089 378481 AUG 57767 57415 57415 56815 952 380532 SEP 59136 58709 58709 58046 1090 384245 OCT 60036 59751 59751 58947 1089 387512 NOV 61296 61207 61207 60195 1101 391144 DEC 62858 62776 62776 61795 1063 397619 JA N 62072 61998 61998 60624 1448 397887 FEB 59593 59523 59523 58454 1140 397929 M AR 59605 59550 59550 58638 967 400783 APR 61641 61516 61516 60489 1151 406319 MAY 59273 59073 59073 58358 915 406592 JU N 59924 59591 59591 58819 1105 410939 JU L 60092 59634 59635 58985 1107 414391 AUG 59337 58868 58868 58333 1004 414923 SEP 59951 59465 59465 58891 1060 416701 OCT 59490 59110 59110 58686 804 418187 NOV 60006 59757 59757 58999 1008 421904 DEC 61340 61131 61131 60172 1168 427247 TABLE AGGREGATE NOT RESERVES A D JU S T ED FOR NOT OF 2 D E P O S IT O R Y CHANGES IN SEASO N ALLY IN S T IT U T IO N S RESERVE R E Q U IR E M E N T S A D JU S T E D NON NON TOTAL RESERVES 1995 BORROW ED RESERVES BORROW ED RESERVES PLU S EXT CR R E Q U IR E D EXCESS M ONETARY RESERVES RESERVES BASE JA N 60521 60385 60389 59182 1339 426311 FEB 57699 57639 57640 56752 946 423570 M AR 57583 57514 57514 56789 794 427556 APR 58874 58763 58763 58120 753 432789 MAY 56757 56607 56607 55877 880 433468 JU N 57044 56771 56771 56079 964 434568 JU L 57390 57019 57019 56300 1090 435563 AUG 56819 56537 56537 55832 988 435589 SEP 57159 56882 56882 56209 950 436203 OCT 56400 56154 56154 55319 1081 436338 NOV 56397 56193 56193 55454 943 438191 DEC 57900 57643 57643 56622 1278 444452 TABLE 3 MEM ORANDUM NOT A D JU S T E D FO R NOT CHANGES SEASO N ALLY --------------------------------- V A U L T IT E M S IN RESERVE R E Q U IR E M E N T S A D JU S T E D C A S H ---------------------------------- ------------- B O R R O W I N G S OF D E P O S I T O R Y ------------- IN S T IT U T IO N S FEDERAL RESERVE USED BALAN C ES W IT H 1959 1960 1961 THE TO S A T IS F Y F .R . BANKS FRO M RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTEND ED SU RPLU S TOTAL SEASONAL C R E D IT JA N 18889 2242 0 0 552 0 0 FEB 18570 2079 0 0 505 0 0 MAR 18431 2061 0 0 599 0 0 APR 18678 2082 0 0 692 0 0 MAY 18552 2089 0 0 741 0 0 JU N 18454 2168 0 0 930 0 0 JU L 18683 2151 0 0 961 0 0 AUG 18591 2155 0 0 990 0 0 0 SEP 18622 2202 0 0 927 0 OCT 18607 2172 0 0 907 0 0 NOV 18612 2222 9 0 859 0 0 DEC 18660 2408 295 0 941 0 0 JA N 18537 2366 311 0 887 0 0 FEB 17947 2205 266 0 810 0 0 M AR 17776 2168 256 0 641 0 0 APR 17864 2188 261 0 606 0 0 MAY 17938 2205 277 0 496 0 0 JU N 18014 2246 293 0 434 0 0 JU L 18204 2276 309 0 379 0 0 AUG 18110 2275 390 0 296 0 0 SEP 17687 2296 872 0 215 0 0 OCT 17872 2329 890 0 167 0 0 NOV 17717 2384 1267 0 133 0 0 DEC 16680 2581 2581 0 74 0 0 JA N 16718 2619 2619 0 66 0 0 FEB 16523 2438 2438 0 133 0 0 M AR 16445 2366 2366 0 70 0 0 0 APR 16460 2424 2424 0 57 0 MAY 16419 2439 2439 0 95 0 0 JU N 16551 2469 2469 0 63 0 0 JU L 16557 2545 2545 0 54 0 0 AUG 16690 2506 2506 0 65 0 0 SEP 16803 2557 2557 0 38 0 0 OCT 17093 2594 2594 0 71 0 0 NOV 17172 2636 2636 0 98 0 0 DEC 17267 2864 2864 0 133 0 0 TABLE 3 M EM ORANDUM NOT A D JU S T E D FO R NOT •VAU LT CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T E D C A S H --------------------------------- --------------B O R R O W I N G S OF D E P O S IT O R Y IN S T IT U T IO N S FEDERAL RESERVE USED BALAN C ES W IT H 1962 1963 1964 THE TO S A T IS F Y F .R . BANKS FRO M RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTEND ED SU RPLU S TOTAL SEASONAL C R E D IT JA N 17192 2904 2904 0 87 0 FEB 16917 2654 2654 0 68 0 0 MAR 16951 2598 2598 0 89 0 0 0 0 APR 17057 2658 2658 0 72 0 MAY 17149 2680 2680 0 61 0 0 JU N 17204 2719 2719 0 102 0 0 JU L 17257 2796 2796 0 92 0 0 AUG 17138 2745 2745 0 125 0 0 SEP 17236 2831 2831 0 81 0 0 OCT 17372 2826 2826 0 63 0 0 NOV 16702 2868 2868 0 120 0 0 DEC 16917 3137 3137 0 260 0 0 JA N 16937 3105 3105 0 146 0 0 FEB 16712 2856 2856 0 166 0 0 MAR 16701 2821 2821 0 148 0 0 APR 16696 2911 2911 0 130 0 0 0 MAY 16760 2889 2889 0 210 0 JU N 16825 2945 2945 0 259 0 0 JU L 16952 3035 3035 0 298 0 0 AUG 16730 2976 2976 0 329 0 0 SEP 16887 3080 3080 0 319 0 0 OCT 16930 3059 3059 0 320 0 0 NOV 17037 3110 3110 0 349 0 0 DEC 17251 3451 3451 0 332 0 0 JA N 17285 3395 3395 0 274 0 0 0 FEB 17009 3140 3140 0 286 0 MAR 17151 3091 3091 0 278 0 0 APR 17092 3162 3162 0 211 0 0 MAY 17096 3146 3146 0 260 0 0 JU N 17336 3209 3209 0 268 0 0 JU L 17417 3222 3222 0 263 0 0 AUG 17320 3259 3259 0 315 0 0 SEP 17593 3332 3332 0 345 0 0 OCT 17725 3299 3299 0 321 0 0 NOV 17801 3380 3380 0 400 0 0 DEC 17979 3617 3617 0 264 0 0 TABLE 3 MEMORANDUM NOT A D JU S T E D FOR NOT VAULT CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T E D C A S H --------------------------------- ------------- B O R R O W I N G S OF D E P O S IT O R Y IN S T IT U T IO N S FEDERAL RESERVE USED B ALAN C ES W IT H 1965 1966 1967 THE TO S A T IS F Y F .R . BANKS FRO M RESERVE EXTENDED RESERVE TOTAL R E Q U IR E M E N T S SU RPLU S TOTAL SEASONAL C R E D IT JA N 18007 3625 3625 0 300 0 FEB 17793 3408 3408 0 405 0 0 M AR 17848 3415 3415 0 411 0 0 APR 18067 3429 3429 0 471 0 0 MAY 18043 3433 3433 0 495 0 0 JU N 18197 3523 3523 0 537 0 0 0 JU L 18329 3544 3544 0 528 0 0 AUG 18015 3566 3566 0 547 0 0 SEP 18160 3599 3599 0 554 0 0 OCT 18332 3651 3651 0 488 0 0 0 NOV 18201 3739 3739 0 432 0 DEC 18757 3936 3936 0 444 0 0 JA N 18813 3964 3964 0 420 0 0 0 FEB 18454 3750 3750 0 482 0 M AR 18468 3718 3718 0 560 0 0 APR 18765 3764 3764 0 637 0 0 MAY 18708 3754 3754 0 687 0 0 JU N 18745 3818 3818 0 707 0 0 JU L 19170 3893 3893 0 741 0 0 AUG 18779 3899 3899 0 735 0 0 SEP 19286 3935 3935 0 769 0 0 0 OCT 19409 3965 3965 0 734 0 NOV 19207 4019 4019 0 607 0 0 DEC 19550 4235 4235 0 532 0 0 0 JA N 19762 4340 4340 0 410 0 FEB 19686 4034 4034 0 364 0 0 M AR 19419 3956 3956 0 200 0 0 0 APR 19384 4027 4027 0 146 0 MAY 19246 4026 4026 0 89 0 0 JU N 19368 4088 4088 0 106 0 0 JU L 19745 4226 4226 0 115 0 0 AUG 19609 4155 4155 0 81 0 0 SEP 19957 4224 4224 0 89 0 0 OCT 20429 4236 4236 0 129 0 0 NOV 20444 4245 4245 0 132 0 0 DEC 20770 4521 4521 0 228 0 0 TABLE 3 MEMORANDUM NOT A D JU S T E D FOR NOT -------------------------------- V A U L T CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T E D C A S H --------------------------------- --------------B O R R O W I N G S OF D E P O S I T O R Y ------------ IN S T IT U T IO N S FEDERAL RESERVE USED BALAN C ES W IT H 1968 1969 1970 THE TO S A T IS F Y F .R . BANKS FRO M RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTENDED SU RPLU S TOTAL SEASONAL C R E D IT JA N 21177 4657 4657 0 246 0 FEB 21283 4315 4315 0 373 0 0 MAR 21315 4248 4248 0 659 0 0 0 0 APR 21243 4380 4380 0 685 0 MAY 21148 4291 4291 0 741 0 0 JU N 21302 4382 4382 0 694 0 0 JU L 21556 4492 4492 0 527 0 0 AUG 21627 4392 4392 0 565 0 0 SEP 21502 4551 4551 0 503 0 0 OCT 22125 4512 4512 0 443 0 0 NOV 22246 4523 4523 0 545 0 0 DEC 22455 4737 4737 0 746 0 0 JA N 23000 5075 5075 0 736 0 0 FEB 22669 4645 4645 0 835 0 0 MAR 22246 4507 4507 0 902 0 0 APR 22591 4497 4497 0 1003 0 0 MAY 23325 4531 4531 0 1374 0 0 JU N 22723 4550 4550 0 1385 0 0 JU L 22410 4671 4671 0 1252 0 0 AUG 22361 4647 4647 0 1219 0 0 SEP 22268 4733 4733 0 1079 0 0 OCT 22673 4680 4680 0 1150 0 0 NOV 23017 4727 4727 0 1203 0 0 DEC 23094 4959 4959 0 1119 0 0 JA N 23577 5277 5277 0 959 0 0 FEB 23047 4863 4863 0 1080 0 0 0 MAR 22785 4732 4732 0 898 0 APR 23350 4772 4772 0 845 0 0 MAY 23071 4805 4805 0 968 0 0 JU N 22699 4864 4864 0 881 0 0 JU L 23188 4957 4957 0 1360 0 0 AUG 23376 4995 4995 0 837 0 0 SEP 23685 5105 5105 0 600 0 0 OCT 23540 5108 5108 0 463 0 0 NOV 23525 5142 5142 0 415 0 0 DEC 23907 5340 5340 0 332 0 0 TABLE 3 MEMORANDUM NOT A D JU S T E D FO R NOT --------------------------- V A U L T CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T ED C A S H --------------------------------- ------------- B O R R O W I N G S OF D E P O S IT O R Y IN S T IT U T IO N S FEDERAL RESERVE USED BALAN C ES W IT H 1971 1972 1973 THE TO S A T IS F Y F .R . BANKS FROM RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTENDED SU RPLU S TOTAL SEASONAL C R E D IT JA N 24890 5549 5549 0 364 0 0 FEB 24730 5169 5169 0 332 0 0 M AR 24595 5085 5085 0 319 0 0 APR 24840 5069 5069 0 153 0 0 MAY 25160 5167 5167 0 284 0 0 JU N 24864 5230 5230 0 492 0 0 0 JU L 25251 5315 5315 0 823 0 AUG 25096 5356 5356 0 809 0 0 SEP 25347 5436 5436 0 495 0 0 OCT 25416 5397 5397 0 357 0 0 NOV 25475 5452 5452 0 384 0 0 DEC 25670 5675 5675 0 126 0 0 JA N 26981 5910 5910 0 21 0 0 FEB 26396 5547 5547 0 33 0 0 MAR 26515 5365 5365 0 98 0 0 APR 27159 5422 5422 0 117 0 0 MAY 27379 5465 5465 0 111 0 0 JU N 27005 5536 5536 0 100 0 0 JU L 27405 5659 5659 0 238 0 0 AUG 27385 5695 5695 0 388 0 0 SEP 27271 5779 5779 0 541 0 0 OCT 28050 5715 5715 0 555 0 0 NOV 26000 5812 5812 0 608 0 0 0 DEC 25317 6098 6098 0 1050 0 JA N 26396 6463 6463 0 1160 0 0 FEB 25704 6030 6030 0 1593 0 0 MAR 26036 5855 5855 0 1824 0 0 APR 26525 5823 5823 0 1711 5 0 MAY 26406 6007 6007 0 1843 30 1 JU N 26102 6085 6085 0 1851 78 8 JU L 27210 6273 6273 0 1953 123 32 AUG 27418 6295 6295 0 2165 163 25 SEP 27605 6401 6401 0 1852 148 26 OCT 28571 6371 6371 0 1476 126 16 NOV 28385 6383 6383 0 1393 84 0 DEC 28473 6635 6635 0 1298 41 0 TABLE 3 MEM ORANDUM NOT A D JU S T E D FOR NOT VAULT CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T E D C A S H ------------- ------------------- ------------- B O R R O W I N G S OF D E P O S IT O R Y IN S T IT U T IO N S FEDERAL RESERVE USED BALAN C ES W IT H 1974 1975 1976 THE TO S A T IS F Y F .R . BANKS FRO M RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTENDED SU RPLU S TOTAL SEASONAL C R E D IT JA N 29385 7196 7196 0 1051 18 3 FEB 28635 6601 6601 0 1191 17 0 0 MAR 28475 6450 6450 0 1314 32 APR 29550 6403 6403 0 1736 53 0 MAY 29883 6602 6602 0 2590 102 658 JU N 29789 6669 6669 0 3006 135 1226 JU L 30495 6828 6828 0 3301 149 1430 AUG 30274 6767 6767 0 3336 164 1537 SEP 30144 6923 6923 0 3282 139 1629 OCT 30017 6857 6857 0 1813 117 485 NOV 29847 6928 6928 0 1252 67 160 DEC 29682 7179 7179 0 727 32 147 JA N 29911 7789 7789 0 398 14 136 53 FEB 28461 7065 7065 0 147 11 M AR 27882 6831 6831 0 106 7 37 APR 28300 6871 6871 0 110 7 11 MAY 27731 6920 6920 0 66 9 4 JU N 27660 6970 6970 0 227 11 16 20 JU L 27660 7215 7215 0 301 17 AUG 27161 7300 7300 0 211 37 12 SEP 27207 7431 7431 0 397 62 14 11 OCT 27312 7322 7322 0 190 65 NOV 27217 7359 7359 0 60 28 5 DEC 27219 7772 7772 0 130 14 12 JA N 27169 8433 8433 0 78 9 11 FEB 26504 7647 7647 0 81 10 9 MAR 26298 7459 7459 0 54 8 3 APR 26559 7569 7569 0 44 10 0 MAY 26220 7838 7838 0 115 11 0 JU N 25962 7903 7903 0 126 20 0 JU L 26245 8065 8065 0 133 25 0 AUG 26064 7987 7987 0 100 28 0 SEP 25780 8113 8113 0 62 30 0 OCT 26309 8026 8026 0 94 32 0 NOV 26507 8183 8183 0 72 23 0 DEC 26689 8548 8548 0 53 13 0 TABLE 3 MEMORANDUM NOT A D JU S T E D FOR NOT •V A U LT CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T E D C A S H --------------------------------- ------------- B O R R O W I N G S OF D E P O S IT O R Y IN S T IT U T IO N S FEDERAL RESERVE USED BALAN C ES W IT H 1977 1978 1979 THE TO S A T IS F Y F .R . BANKS FRO M RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTENDED SU RPLU S TOTAL SEASO NAL C R E D IT JA N 27141 8924 8924 0 68 10 0 FEB 26101 8331 8331 0 71 12 0 M AR 25948 8137 8137 0 103 13 0 APR 26410 8384 8384 0 73 14 0 MAY 26058 8610 8610 0 206 30 0 JU N 25831 8609 8609 0 262 54 0 JU L 26694 8624 8624 0 323 60 0 AUG 26474 8713 8713 0 1061 114 0 SEP 26285 8888 8888 0 626 112 0 OCT 26911 8821 8821 0 1306 112 0 NOV 26963 8934 8934 0 862 83 0 DEC 27134 9352 9352 0 569 55 0 JA N 28160 9984 9984 0 484 32 0 FEB 27530 9319 9319 0 406 52 0 0 M AR 27132 8995 8995 0 328 47 APR 27936 9034 9034 0 557 43 0 MAY 27930 9153 9153 0 1212 92 0 0 JU N 27954 9349 9349 0 1094 120 JU L 28700 9546 9546 0 1317 143 0 AUG 28049 9522 9522 0 1140 189 0 SEP 28195 9611 9611 0 1060 191 0 OCT 28722 9655 9655 0 1277 223 0 NOV 29850 9795 9795 0 703 186 0 DEC 31347 10331 10331 0 868 135 0 JA N 31990 11090 11090 0 1003 106 0 FEB 30626 10077 10077 0 973 115 0 0 M AR 30439 9777 9777 0 991 119 APR 30983 9741 9741 0 918 134 0 MAY 30189 10047 10047 0 1765 174 0 JU N 29950 10154 10154 0 1418 192 0 JU L 30354 10562 10562 0 1171 182 0 AUG 30190 10525 10525 0 1085 179 0 SEP 30327 10727 10727 0 1340 174 0 OCT 31598 10682 10682 0 2022 159 0 NOV 32260 10737 10737 0 1906 143 0 DEC 32676 11344 11344 0 1473 82 0 TABLE 3 MEMORANDUM NOT A D JU S T ED FOR NOT CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T E D ■ V A U LT C A S H - - ................................. ................ B O R R O W I N G S OF D E P O S IT O R Y IN S T IT U T IO N S FEDERAL USED RESERVE 1980 1981 1982 TO EXTENDED RESERVE F .R . BANES THE S A T IS F Y BALAN C ES W IT H FRO M RESERVE TOTAL R E Q U IR E M E N T S SU RPLU S TOTAL SEASONAL C R E D IT JA N 32908 12270 12270 0 1241 74 0 FEB 32129 11048 11048 0 1655 97 0 MAR 32394 10702 10702 0 2823 150 99 APR 34008 10873 10873 0 2455 155 552 743 MAY 32982 10982 10982 0 1018 63 JU N 32351 11121 11121 0 379 12 307 JU L 31588 11271 11271 0 395 6 253 AUG 29123 11250 11250 0 658 9 241 SEP 29365 11798 11798 0 1311 25 91 OCT 30037 11667 11667 0 1310 66 0 NOV 28929 15311 12315 2996 2059 97 0 DEC 27354 18149 13306 4843 1690 116 3 JA N 27220 19458 14401 5057 1395 120 70 FEB 26673 17868 13199 4669 1303 148 21 MAR 26727 17400 12961 4439 1000 196 15 APR 27322 17269 13016 4253 1338 162 8 MAY 26984 17804 13538 4266 2223 269 6 JU N 26627 18187 13820 4367 2037 291 7 JU L 27106 18273 13900 4373 1679 247 3 AUG 26981 18435 14027 4408 1420 235 80 SEP 25497 18925 15094 3832 1456 222 301 OCT 25689 18810 15021 3789 1181 152 438 NOV 25890 18843 15059 3785 663 95 165 DEC 26167 19538 15758 3780 636 54 148 JA N 26712 20284 16490 3794 1517 75 197 FEB 25968 19251 15317 3934 1789 131 232 MAR 24251 18749 14976 3773 1555 175 308 APR 24564 18577 14993 3584 1568 167 245 MAY 24204 19048 15346 3702 1117 235 176 JU N 24030 19318 15536 3783 1205 241 104 JU L 24271 19554 15694 3860 691 221 50 AUG 24472 19500 15707 3793 515 121 94 SEP 23382 19920 16577 3343 933 102 119 OCT 24252 19578 16335 3243 477 85 141 NOV 24606 19807 16595 3212 621 48 188 DEC 24806 20392 17049 3343 634 33 186 TABLE 3 M EMORANDUM NOT A D JU S T E D FOR NOT .............................. V A U L T CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T E D C A S H .............................................................. B O R R O W I N G S OF D E P O S IT O R Y IN S T IT U T IO N S FEDERAL RESERVE USED BALAN C ES W IT H 1983 1984 1985 THE TO S A T IS F Y F .R . BANKS FROM RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTEND ED SU RPLU S TOTAL SEASONAL C R E D IT JA N 24432 21454 17432 4022 529 33 157 FEB 23532 20036 16267 3768 582 40 279 M AR 22163 19484 15871 3613 792 53 317 APR 22566 19569 16085 3485 1009 82 405 MAY 22010 19710 16272 3438 952 99 513 JU N 21807 20098 16607 3491 1636 122 958 JU L 22139 20413 16808 3604 1453 171 578 AUG 21965 20035 16695 3340 1546 198 491 SEP 20585 20798 17331 3467 1441 190 515 OCT 21059 20471 17078 3393 844 142 256 NOV 20943 20558 17201 3356 905 121 6 DEC 20986 20755 17908 2847 774 96 2 JA N 21325 22578 18795 3782 715 86 4 FEB 18392 22246 17951 4295 567 103 5 MAR 19454 20403 16794 3609 952 133 27 44 APR 20350 20161 16802 3359 1234 139 MAY 19553 20462 16960 3502 2988 196 37 JU N 20212 20787 17308 3479 3300 264 1873 JU L 19907 21169 17579 3590 5924 308 5008 AUG 19266 21737 17995 3742 8017 346 7043 SEP 20146 21280 17900 3381 7242 319 6459 OCT 20074 21849 18413 3435 6017 299 5057 NOV 20856 21709 18392 3317 4617 212 3837 DEC 21740 22193 18958 3235 3186 113 2604 1050 JA N 21542 22941 19547 3393 1395 62 FEB 20377 23768 19857 3910 1289 71 803 M AR 21972 21703 18429 3274 1593 88 1059 APR 23231 21418 18435 2983 1323 135 868 MAY 22333 21775 18666 3109 1334 165 534 JU N 23379 22052 18985 3068 1205 151 665 JU L 23470 22414 19300 3114 1107 167 507 AUG 23411 22730 19548 3182 1073 221 570 SEP 24969 22356 19475 2881 1289 203 656 OCT 25412 22850 20038 2812 1187 172 629 NOV 26372 22835 19997 2838 1741 107 530 DEC 27600 23336 20522 , 2814 1318 56 499 TABLE 3 MEMORANDUM NOT A D JU S T E D FOR NOT -------------------------------- V A U L T CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T ED C A S H --------------------------------- ------------- B O R R O W I N G S OF D E P O S I T O R Y ------------ IN S T IT U T IO N S FEDERAL RESERVE USED BALAN C ES W IT H 1986 1987 1988 THE TO S A T IS F Y F .R . BANKS FRO M RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTENDED SU RPLU S TOTAL SEASONAL C R E D IT JA N 26383 24595 21687 2908 770 36 497 FEB 24683 25261 21952 3309 884 56 492 MAR 27096 22995 20160 2835 761 68 518 APR 28847 22569 19990 2579 893 73 634 MAY 28290 22829 20140 2689 876 94 584 JU N 29483 23154 20439 2715 803 108 531 JU L 30272 23479 20716 2763 741 116 378 AUG 30152 23858 21112 2747 872 144 465 SEP 31885 23798 21267 2530 1008 137 570 OCT 32911 24196 21676 2520 841 99 497 NOV 34756 24010 21595 2415 752 70 418 DEC 37362 24538 22199 2339 827 38 303 JA N 36599 25475 23084 2391 580 34 225 283 FEB 33611 26293 23435 2858 556 71 MAR 35318 24159 21743 2416 527 91 264 APR 37827 23761 21587 2174 993 120 270 MAY 36461 24114 21873 2241 1035 196 288 JU N 36333 24801 22475 2325 776 259 273 194 JU L 36156 25062 22728 2334 672 283 AUG 35625 25110 22745 2365 647 279 132 SEP 36680 25321 23128 2193 940 231 409 449 OCT 37237 26066 23857 2209 943 189 NOV 37480 25919 23752 2168 625 126 394 DEC 37691 26676 24449 2226 777 93 483 JA N 37492 27418 25155 2263 1082 59 372 FEB 34225 28591 25836 2755 396 75 205 MAR 36015 26384 24049 2335 1752 119 1478 APR 38435 25649 23636 2014 2993 146 2624 MAY 36522 26334 24172 2162 2578 246 2107 JU N 37915 26183 24084 2099 3083 311 2554 2538 JU L 38003 26939 24763 2175 3440 376 AUG 36927 27419 25054 2365 3241 423 2653 SEP 37242 27251 24940 2311 2839 421 2059 OCT 36422 27909 25494 2415 2299 332 1781 NOV 37026 27753 25410 2343 2861 186 2322 DEC 37837 28204 25909 2296 1716 130 1244 TABLE 3 MEMORANDUM NOT A D JU S T E D FOR NOT ---------------------------V A U L T CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T E D C A S H --------------------------------- ------------- B O R R O W I N G S OF D E P O S IT O R Y IN S T IT U T IO N S FEDERAL RESERVE USED BALAN C ES W IT H 1989 1990 1991 THE TO S A T IS F Y F .R . BANKS FRO M RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTENDED SU RPLU S TOTAL SEASONAL C R E D IT JA N 36480 29305 26993 2312 1662 76 1046 FEB 32818 30597 27859 2738 1487 97 1050 MAR 34572 27881 25589 2292 1813 139 1334 APR 35854 27612 25456 2156 2289 213 1707 MAY 33204 28110 25712 2398 1720 345 1197 JU N 33852 28089 25735 2354 1490 431 917 JU L 33902 28805 26351 2454 694 497 106 AUG 32823 29360 26735 2625 675 490 41 SEP 33556 29098 26570 2528 693 452 22 OCT 33123 29921 27275 2646 555 330 21 NOV 33941 29558 27048 2510 349 134 21 DEC 35436 29827 27374 2453 265 84 20 JA N 34090 31313 28841 2473 440 47 26 FEB 30929 32506 29693 2812 1448 51 535 M AR 33407 29588 27251 2337 2124 78 1950 APR 35409 29284 27103 2181 1628 122 1403 MAY 32771 29815 27461 2355 1335 244 875 JU N 33878 29642 27318 2324 881 311 346 JU L 32946 30460 27996 2464 757 389 280 AUG 32448 30842 28280 2562 927 430 127 SEP 33303 30625 28149 2475 624 418 6 OCT 32127 31521 28925 2596 410 335 18 NOV 33382 31086 28663 2423 230 162 24 DEC 30237 31789 28884 2905 326 76 23 JA N 22023 33231 28969 4262 534 33 27 FEB 19827 33498 28724 4774 252 37 34 MAR 21734 30906 26853 4053 241 55 53 APR 23508 30571 26793 3778 231 79 86 MAY 22287 30734 26776 3958 303 151 88 JU N 23685 30542 26722 3819 340 222 8 JU L 23271 31331 27389 3942 607 317 46 AUG 22810 31787 27798 3989 764 331 300 SEP 23447 31531 27680 3850 645 287 302 OCT 23197 32298 28386 3912 261 211 12 NOV 25004 31713 28053 3659 108 86 1 DEC 26659 32509 28872 3637 192 38 1 TABLE 3 MEM ORANDUM NOT A D JU S T E D FOR NOT VAULT CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T E D C A S H --------------------------------- ------------- B O R R O W I N G S OF D E P O S IT O R Y IN S T IT U T IO N S FEDERAL RESERVE USED B ALAN C ES W IT H 1992 1993 1994 THE TO S A T IS F Y F .R . BANKS FRO M RESERVE RESERVE TOTAL R E Q U IR E M E N T S EXTENDED SU RPLU S TOTAL SEASO NAL C R E D IT JA N 25416 34133 30396 3737 233 17 1 FEB 24918 34233 30320 3913 77 22 2 MAR 28057 31651 28225 3425 91 32 2 APR 22655 31074 27800 3274 90 47 2 MAY 21071 31202 27754 3448 155 98 0 JU N 21223 31733 28273 3460 229 149 0 JU L 21206 32148 28617 3531 284 203 0 AUG 21272 32460 28890 3570 251 223 0 SEP 22627 32344 28894 3450 287 193 0 OCT 23626 32991 29510 3481 143 114 0 NOV 25462 32464 29205 3259 104 40 0 DEC 25368 34541 31172 3370 124 18 1 JA N 23636 36003 32368 3635 165 11 1 FEB 23515 33913 30368 3545 45 18 0 MAR 24383 33284 29912 3372 91 26 0 APR 26975 32709 29567 3142 73 41 0 MAY 25968 33451 30133 3318 121 84 0 JU N 26462 34096 30776 3320 181 142 0 JU L 26562 34525 31189 3337 244 210 0 AUG 26564 34508 31203 3305 352 234 0 SEP 27274 35211 31863 3348 428 236 0 OCT 28297 35175 31739 3436 285 192 0 NOV 29018 35656 32278 3378 89 75 0 DEC 29374 36818 33484 3334 82 31 0 JA N 27817 37902 34254 3648 73 15 0 FEB 26922 36298 32671 3626 70 15 0 MAR 27396 35590 32208 3381 55 24 0 APR 29614 35224 32027 3197 124 57 0 MAY 26790 35900 32483 3417 200 134 0 JU N 26502 36910 33422 3488 333 226 0 JU L 25996 37652 34096 3555 458 364 0 AUG 25284 37622 34052 3570 469 445 0 SEP 25157 38436 34794 3641 487 444 0 OCT 24745 38242 34745 3497 380 339 0 NOV 24715 38953 35291 3662 249 164 0 DEC 24658 40378 36682 3696 209 100 0 TABLE 3 MEMORANDUM NOT A D JU S T E D FOR NOT CHANGES IT E M S IN SEASO N ALLY RESERVE R E Q U IR E M E N T S A D JU S T ED VAULT CASH...................... BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE USED RESERVE W IT H F .R . BANKS 1995 TO S A T IS F Y BALAN C ES EXTENDED RESERVE TOTAL R E Q U IR E M E N T S SURPLU S TOTAL SEASO NAL C R E D IT JA N 22291 42315 38230 4084 136 46 4 FEB 21758 39804 35941 3863 59 33 0 MAR 22649 38536 34934 3602 69 51 0 APR 24217 38118 34657 3461 111 82 0 MAY 21476 39036 35281 3755 150 137 0 JU N 21058 39821 35986 3835 272 172 0 JU L 20840 40530 36550 3980 371 231 0 AUG 20565 40186 36255 3932 282 258 0 SEP 20519 40652 36640 4012 278 252 0 OCT 20055 40564 36345 4219 245 199 0 NOV 20066 40576 36332 4244 204 73 0 DEC 20440 42117 37460 4657 257 40 0 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS TOTAL RESERVES 1959 JA N 7 J A N 14 JA N 21 JA N 28 FEB 4 FEB 11 FE B 18 FEB 25 MAR 4 MAR 11 MAR 18 MAR 25 APR 1 APR 8 A PR 15 APR 22 APR 29 MAY 6 MAY 13 MAY 20 MAY 27 JU N 3 JU N 10 JU N 17 JU N 24 JU L 1 JU L 8 J U L 15 JU L 22 JU L 29 AUG 5 AUG 12 AUG 19 AUG 26 -S E P 2 SEP 9 SEP 16 SEP 23 S E P 30 OCT 7 O CT 14 OCT 21 OCT 28 NOV 4 NOV 11 NOV 18 NOV 25 DEC 2 DEC 9 DEC 16 DEC 23 D EC 30 11109 11127 11101 11112 11107 11251 11139 11048 11040 11151 11029 11102 11064 11200 11168 11154 10965 10996 11075 11285 10950 10914 10977 11026 11009 10891 11035 11110 11244 11076 11120 11220 11130 11182 11175 11284 11187 11196 10833 11113 11084 11125 10913 11041 11152 11085 11015 10928 11142 11067 11225 11053 S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBORROW ED R E Q U IR E D BORROW ED RESERVES M ONETARY PLU S EXT CR RESERVES RESERVES BASE 10483 10414 10663 10623 10692 10716 10574 10592 10511 10448 10504 10502 10452 10528 10465 10405 10309 10321 10366 10432 10292 10065 9998 10050 10133 9970 10008 10108 10332 10186 10086 10147 10185 10242 10210 10227 10128 10337 10112 10107 10036 10306 10123 10215 10244 10229 10193 10058 10231 10111 10245 10125 10483 10414 10663 10623 10692 10716 10574 10592 10511 10448 10504 10502 10452 10528 10465 10405 10309 10321 10366 10432 10292 10065 9998 10050 10133 9970 10008 10108 10332 10186 10086 10147 10185 10242 10210 10227 10128 10337 10112 10107 10036 10306 10123 10215 10244 10229 10193 10058 10231 10111 10245 10125 10566 10566 10566 10719 10703 10698 10697 10638 10622 10598 10641 10644 10596 10791 10724 10644 10597 10638 10621 10683 10620 10611 10549 10570 10552 10574 10600 10699 10756 10727 10720 10678 10699 10745 10774 10726 10704 10674 10613 10630 10595 10619 10611 10641 10630 10628 10582 10562 10627 10624 10586 10589 40246 40429 40435 40539 40546 40709 40602 40559 40553 40691 40556 40607 40644 40795 40698 40753 40552 40598 40704 40940 40706 40657 40762 40774 40796 40702 40776 40876 41056 40904 40906 41034 40933 41036 41039 41177 41120 41094 40744 41030 40942 40906 40751 40860 40967 40832 40728 40710 40969 40841 40940 40829 ------------------------------------------------N O T NONNONTOTAL BORROW ED RESERVES RESERVES 11312 11330 11230 11216 11173 11218 11060 10930 10920 10990 10946 11050 10888 11131 11130 11232 11002 11009 11024 11261 10875 10816 10847 11007 11068 10856 10941 11062 11317 11089 11102 11097 10986 11040 11016 11117 11103 11230 10843 11094 11006 11134 10994 11125 11177 11115 11057 10960 11242 11269 11601 11352 10686 10617 10792 10727 10758 10683 10495 10474 10391 10287 10421 10450 10276 10459 10427 10483 10346 10334 10315 10408 10217 9967 9868 10031 10192 9935 9914 10060 10405 10199 10068 10024 10041 10100 10051 10060 10044 10371 10122 10088 9958 10315 10204 10299 10269 10259 10235 10090 10331 10313 10621 10424 SEASO N ALLY A D JU S T E D BORROW ED RESERVES PLU S EX T CR 10686 10617 10792 10727 10758 10683 10495 10474 10391 10287 10421 10450 10276 10459 10427 10483 10346 10334 10315 10408 10217 9967 9868 10031 10192 9935 9914 10060 10405 10199 10068 10024 10041 10100 10051 10060 10044 10371 10122 10088 9958 10315 10204 10299 10269 10259 10235 10090 10331 10313 10621 10424 R E Q U IR E D RESERVES 10769 10769 10695 10823 10769 10665 10618 10520 10502 10437 10558 10592 10420 10722 10686 10722 10634 10651 10570 10659 10545 10513 10419 10551 10611 10539 10506 10651 10829 10740 10702 10555 10555 10603 10615 10559 10620 10708 10623 10611 10517 10628 10692 10725 10655 10658 10624 10594 10727 10826 10962 10888 M ONETARY BASE 41123 40851 40529 40287 40267 40463 40252 40008 40046 40312 40255 40263 40061 40519 40477 40538 40151 40426 40550 40732 40264 40408 40662 40743 40755 40523 41118 41114 41277 40836 40987 41165 40961 40863 40793 41290 41113 41067 40448 41028 41021 41042 40704 40912 41234 41180 41099 41152 41656 41611 42082 41897 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED BO RROW ED RESERVES R E Q U IR E D M ONETARY RESERVES PLU S EXT CR RESERVES BASE 11124 11155 11217 10892 10982 10877 10944 10813 10851 10757 10893 10829 10704 10692 10680 10777 10911 10757 10911 10849 10823 10822 10871 10815 10988 10877 10873 10969 11101 11002 11013 11073 11155 10992 11121 11132 11291 11077 11074 11200 11225 11360 11095 11188 11193 11173 11147 11713 11169 11135 11267 11231 10111 10244 10303 10119 10174 10027 9971 10193 10058 10162 10167 10242 10102 9988 10009 10216 10387 10205 10362 10294 10421 10386 10471 10441 10438 10465 10433 10628 10672 10651 10698 10780 10739 10799 10848 10871 10992 10998 10849 11000 11077 11286 10855 10999 11057 11005 11048 11600 11109 11065 11193 11182 10111 10244 10303 10119 10174 10027 9971 10193 10058 10162 10167 10242 10102 9988 10009 10216 10387 10205 10362 10294 10421 10386 10471 10441 10438 10465 10433 10628 10672 10651 10698 10780 10739 10799 10848 10871 10992 10998 10849 11000 11077 11286 10855 10999 11057 11005 11048 11600 11109 11065 11193 11182 10592 10608 10623 10488 10501 10448 10436 10389 10410 10395 10382 10378 10345 10255 10212 10413 10430 10433 10413 10392 10370 10384 10409 10390 10431 10391 10436 10395 10585 10528 10525 10566 10574 10526 10482 10476 10472 10558 10556 10589 10536 10484 10566 10624 10587 10561 10540 10516 10469 10425 10513 10537 40812 40875 40880 40640 40746 40634 40702 40640 40647 40598 40723 40643 40501 40535 40582 40681 40738 40469 40694 40641 40647 40674 40685 40611 40797 40671 40645 40787 40859 40843 40832 40877 40952 40821 40955 40963 41199 40954 41028 41090 41150 41211 40970 41047 41074 41052 40957 41462 40921 40931 41012 40959 ----------------------------------------------- N O T NONTOTAL RESERVES 11474 11395 11378 10991 11054 10855 10869 10713 10749 10607 10767 10799 10565 10569 10576 10824 10936 10780 10875 10813 10764 10726 10752 10740 11081 10874 10836 10898 11157 10997 11023 10979 11023 10868 10962 10973 11170 11110 11089 11215 11153 11346 11158 11265 11222 11184 11208 11757 11243 11252 11618 11581 S E A S O N A L L Y A D J U S T E D -----------NONBORROW ED BORROW ED RESERVES R E Q U IR E D RESERVES PLU S EXT CR RESERVES 10461 10484 10464 10218 10246 10005 9896 10093 9956 10012 10041 10212 9963 9865 9905 10263 10412 10228 10326 10258 10362 10290 10352 10366 10531 10462 10396 10557 10728 10646 10708 10686 10607 10675 10689 10712 10871 11031 10864 11015 11005 11272 10918 11076 11086 11016 11109 11644 11183 11182 11544 11532 10461 10484 10464 10218 10246 10005 9896 10093 9956 10012 10041 10212 9963 9865 9905 10263 10412 10228 10326 10258 10362 10290 10352 10366 10531 10462 10396 10557 10728 10646 10708 10686 10607 10675 10689 10712 10871 11031 10864 11015 11005 11272 10918 11076 11086 11016 11109 11644 11183 11182 11544 11532 10942 10848 10784 10587 10573 10426 10361 10289 10308 10245 10256 10348 10206 10132 10108 10460 10455 10456 10377 10356 10311 10288 10290 10315 10524 10388 10399 10324 10641 10523 10535 10472 10442 10402 10323 10317 10351 10591 10571 10604 10464 10470 10629 10701 10616 10572 10601 10560 10543 10542 10864 10887 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ----------------------------------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D MONETARY RESERVES RESERVES PLU S EXT CR BASE RESERVES 1961 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 11678 11083 11305 11562 11114 11136 11178 11330 11299 11005 11195 11107 11112 11062 11126 11195 11199 10938 10922 11081 11075 11106 11045 11077 11134 11099 11062 11169 11114 11101 11171 11206 11260 11237 11253 11229 11267 11289 11349 11323 11283 11517 11476 11429 11357 11473 11510 11603 11429 11408 11499 11436 11502 11032 11270 11515 11048 10957 10985 11223 11249 10911 11146 11055 11034 10955 11074 11151 11162 10877 10858 10908 11009 11014 10983 11006 11092 11018 11014 11122 11059 11051 11096 11083 11198 11200 11216 11172 11240 11245 11322 11289 11254 11372 11420 11355 11266 11351 11420 11502 11394 11368 11390 11220 11502 11032 11270 11515 11048 10957 10985 11223 11249 10911 11146 11055 11034 10955 11074 11151 11162 10877 10858 10908 11009 11014 10983 11006 11092 11018 11014 11122 11059 11051 11096 11083 11198 11200 11216 11172 11240 11245 11322 11289 11254 11372 11420 11355 11266 11351 11420 11502 11394 11368 11390 11220 10664 10511 10513 10558 10566 10568 10536 10605 10620 10578 10560 10603 10512 10527 10545 10514 10468 10471 10444 10479 10510 10491 10474 10448 10588 10472 10515 10512 10425 10451 10694 10649 10656 10640 10659 10688 10678 10722 10692 10839 10790 10943 10928 10886 10884 10885 10913 10882 10884 10842 10921 10876 41178 40751 40972 41202 40763 40820 40919 41047 41034 40798 40954 40804 40831 40815 40821 40861 40887 40658 40662 40840 40839 40879 40814 40926 40931 40944 40878 41030 40931 40977 41085 41171 41225 41244 41301 41274 41400 41410 41530 41500 41525 41770 41713 41686 41643 41736 41815 41956 41722 41791 41857 41917 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES PLU S EXT CR RESERVES RESERVES BASE 12008 11378 11488 11669 11173 11145 11092 11251 11204 10881 11045 11090 11003 10912 10973 11166 11173 10933 10889 11029 11015 10995 10929 10971 11248 11149 11086 11131 11118 11052 11182 11150 11153 11152 11120 11067 11133 11310 11367 11361 11238 11520 11525 11471 11393 11478 11592 11663 11482 11469 11809 11874 11832 11327 11453 11622 11107 10966 10899 11144 11154 10787 10996 11038 10925 10805 10921 11122 11136 10872 10825 10856 10949 10903 10867 10900 11206 11068 11038 11084 11063 11002 11107 11027 11091 11115 11083 11010 11106 11266 11340 11327 11209 11375 11469 11397 11302 11356 11502 11562 11447 11429 11700 11658 11832 11327 11453 11622 11107 10966 10899 11144 11154 10787 10996 11038 10925 10805 10921 11122 11136 10872 10825 10856 10949 10903 10867 10900 11206 11068 11038 11084 11063 11002 11107 11027 11091 11115 11083 11010 11106 11266 11340 11327 11209 11375 11469 11397 11302 11356 11502 11562 11447 11429 11700 11658 10994 10806 10696 10665 10625 10577 10450 10526 10525 10454 10410 10586 10403 10377 10392 10485 10442 10466 10411 10427 10450 10380 10358 10342 10702 10522 10539 10474 10429 10402 10705 10593 10549 10555 10526 10526 10544 10743 10710 10877 10745 10946 10977 10928 10920 10890 10995 10942 10937 10903 11231 11314 42123 41400 41158 41042 40369 40601 40555 40622 40394 40398 40526 40583 40300 40441 40590 40653 40459 40297 40541 40609 40516 40435 40691 40774 40996 40735 41080 41365 41151 40915 40999 41315 41248 41205 40946 41258 41393 41453 41300 41413 41630 41886 41693 41528 41856 41982 42237 42311 42300 42487 42848 43150 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES PLU S EXT CR RESERVES BASE 11874 11474 11435 11503 11382 11300 11287 11329 11287 11237 11204 11274 11282 11355 11249 11290 11415 11360 11340 11363 11387 11451 11390 11241 11322 11322 11435 11426 11421 11429 11257 11258 11353 11418 11413 11336 11424 11410 11382 11326 11482 11471 11490 11409 11489 11446 11555 11505 11403 11445 11526 11584 11533 11410 11366 11459 11322 11228 11217 11257 11231 11147 11151 11141 11196 11280 11189 11215 11330 11297 11294 11299 11340 11365 11335 11194 11198 11154 11315 11371 11258 11370 11187 11102 11223 11262 11340 11242 11347 11385 11241 11263 11438 11400 11434 11330 11331 11302 11462 11410 11311 11338 11363 11277 11533 11410 11366 11459 11322 11228 11217 11257 11231 11147 11151 11141 11196 11280 11189 11215 11330 11297 11294 11299 11340 11365 11335 11194 11198 11154 11315 11371 11258 11370 11187 11102 11223 11262 11340 11242 11347 11385 11241 11263 11438 11400 11434 11330 11331 11302 11462 11410 11311 11338 11363 11277 11148 10864 10831 10802 10851 10843 10789 10796 10767 10791 10726 10790 10823 10838 10805 10798 10865 10902 10881 10876 10855 10844 10878 10848 10852 10829 10892 10880 10859 10854 10823 10768 10756 10876 10878 10915 10899 10894 10878 10880 11003 10986 10985 10955 10940 10875 10948 10955 11023 10999 11011 11023 42038 41826 41870 41929 41758 41720 41815 41829 41876 41927 41888 41902 41945 41995 42003 42068 42255 42122 42152 42185 42203 42251 42239 42186 42246 42296 42413 42419 42428 42426 42295 42358 42465 42579 42602 42448 42570 42561 42548 42533 42721 42716 42721 42713 42810 42831 42923 42934 42675 42819 42937 42992 ----------------------------------------------- N O T NONTOTAL RESERVES 12227 11830 11649 11612 11402 11326 11204 11247 11169 11128 1103Q 11240 11208 11226 11083 11221 11366 11325 11307 11282 11300 11300 11256 11099 11391 11409 11533 11462 11432 11371 11211 11211 11238 11349 11276 11182 11291 11423 11436 11397 11507 11485 11521 11411 11514 11423 11624 11565 11432 11442 11745 12004 S E A S O N A L L Y A D J U S T E D -----------NONBORROW ED BORROW ED RESERVES R E Q U IR E D RESERVES PLU S EXT CR RESERVES 11886 11766 11580 11568 11342 11254 11134 11175 11113 11038 10977 11107 11122 11151 11023 11146 11281 11262 11261 11218 11253 11214 11201 11052 11267 11241 11413 11407 11269 11312 11141 11055 11108 11193 11203 11088 11214 11398 11295 11334 11463 11414 11465 11332 11356 11279 11531 11470 11340 11335 11582 11697 11886 11766 11580 11568 11342 11254 11134 11175 11113 11038 10977 11107 11122 11151 11023 11146 11281 11262 11261 11218 11253 11214 11201 11052 11267 11241 11413 11407 11269 11312 11141 11055 11108 11193 11203 11088 11214 11398 11295 11334 11463 11414 11465 11332 11356 11279 11531 11470 11340 11335 11582 11697 11501 11220 11045 10911 10871 10869 10706 10714 10649 10682 10552 10756 10749 10709 10639 10729 10816 10867 10848 10795 10768 10693 10744 10706 10921 10916 10990 10916 10870 10796 10777 10721 10641 10807 10741 10761 10766 10907 10932 10951 11028 11000 11016 10957 10965 10852 11017 11015 11052 10996 11230 11443 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ......................................................S E A S O N A L L Y A D J U S T E D ......................... ........... ......................... NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES BASE RESERVES PLU S EXT CR 1963 JA N 2 JA N 9 JA N 16 JA N 23 J A N 30 FEB 6 F E B 13 FEB 20 FEB 27 MAR 6 MAR 13 MAR 20 MAR 27 APR 3 APR 10 A PR 17 A PR 24 MAY 1 MAY 8 MAY 15 MAY 22 MAY 29 JU N 5 JU N 12 JU N 19 JU N 26 JU L 3 JU L 10 JU L 17 JU L 24 JU L 31 AUG 7 AUG 14 AUG 21 AUG 28 SEP 4 SEP 11 SEP 18 SEP 25 OCT 2 OCT 9 OCT 16 OCT 23 OCT 30 NOV 6 NOV 13 NOV 20 NOV 27 DEC 4 DEC 11 DEC 18 DEC 25 12167 11516 11587 11550 11459 11453 11505 11423 11449 11412 11437 11329 11411 11452 11318 11521 11525 11427 11387 11443 11450 11464 11290 11319 11415 11443 11561 11521 11680 11558 11346 11587 11519 11420 11409 11488 11546 11420 11559 11491 11572 11462 11439 11331 11557 11538 11615 11410 11707 11400 11784 11772 11453 11453 11508 11380 11360 11230 11340 11266 11320 11270 11300 11272 11170 11278 11231 11364 11368 11333 11277 11244 11169 11198 11074 11071 11131 11209 11232 11198 11280 11246 11203 11189 11167 11126 11135 11163 11192 11227 11171 11148 11180 11153 11078 11132 11153 11238 11184 11210 11200 11285 11512 11455 11453 11453 11508 11380 11360 11230 11340 11266 11320 11270 11300 11272 11170 11278 11231 11364 11368 11333 11277 11244 11169 11198 11074 11071 11131 11209 11232 11198 11280 11246 11203 11189 11167 11126 11135 11163 11192 11227 11171 11148 11180 11153 11078 11132 11153 11238 11184 11210 11200 11285 11512 11455 11133 11078 11066 11064 11028 10996 11002 10998 10982 11016 10948 10959 10948 10998 10944 10988 11012 11027 11026 10984 10997 10987 10950 10900 10917 11064 11129 11058 11085 11087 11049 11105 11046 11018 11001 11008 11045 11072 11099 11139 11137 11076 11010 10983 11128 11107 11109 11075 11121 11210 11292 11298 43409 42856 43008 43044 43006 43032 43200 43103 43247 43300 43330 43197 43291 43361 43316 43531 43505 43461 43512 43573 43632 43655 43554 43673 43785 43865 44093 44066 44140 44068 43940 44158 44127 44116 44144 44264 44329 44277 44418 44387 44522 44407 44445 44389 44645 44741 44767 44656 45099 44722 45051 44997 ................ ........................................N O T NONTOTAL RESERVES 12656 11925 11809 11663 11433 11484 11449 11342 11325 11320 11271 11279 11370 11365 11172 11439 11456 11356 11386 11372 11378 11323 11166 11181 11455 11589 11725 11632 11722 11512 11259 11492 11344 11277 11206 11312 11403 11410 11652 11592 11623 11464 11440 11277 11578 11511 11661 11453 11725 11368 11927 12141 S E A S O N A L L Y A D J U S T E D ...................... - ........................... NONBORROW ED BORROW ED RESERVES R E Q U IR E D MONETARY RESERVES RESERVES PLU S EX T CR BASE 11942 11862 11730 11493 11334 11261 11284 11185 11196 11178 11134 11222 11129 11191 11085 11282 11299 11262 11276 11173 11097 11057 10950 10933 11171 11355 11396 11309 11322 11200 11116 11094 10992 10983 10932 10987 11049 11217 11264 11249 11231 11155 11079 11078 11174 11211 11230 11253 11218 11253 11655 11824 11942 11862 11730 11493 11334 11261 11284 11185 11196 11178 11134 11222 11129 11191 11085 11282 11299 11262 11276 11173 11097 11057 10950 10933 11171 11355 11396 11309 11322 11200 11116 11094 10992 10983 10932 10987 11049 11217 11264 11249 11231 11155 11079 11078 11174 11211 11230 11253 11218 11253 11655 11824 11622 11487 11288 11177 11002 11027 10946 10917 10858 10924 10782 10909 10907 10911 10798 10906 10943 10956 11025 10913 10925 10846 10826 10762 10957 11210 11293 11169 11127 11041 10962 11010 10871 10875 10798 10832 10902 11062 11192 11240 11188 11078 11011 10929 11149 11080 11155 11118 11139 11178 11435 11667 44513 43806 43317 42981 42451 42747 42849 42659 42581 42792 42923 42890 42829 42955 43162 43348 43100 42845 43360 43332 43333 43110 43349 43572 43761 43745 44193 44605 44427 44098 43643 44263 44204 44092 43787 44104 44439 44258 44311 44222 44756 44539 44476 44071 44747 45041 45145* 44983 45659 45516 45981 46347 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS --------------------------------------------- S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY PLU S EXT CR RESERVES BASE RESERVES RESERVES 1964 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 1 8 15 22 29 5 12 19 26 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 12017 11728 11800 11510 11526 11495 11545 11591 11518 11605 11454 11536 11712 11521 11659 11595 11589 11321 11441 11579 11580 11488 11511 11513 11691 11575 11643 11585 11898 11528 11587 11676 11831 11778 11866 11787 11887 11758 11961 11868 11992 11894 11880 11739 12000 11916 12156 11872 12068 11914 11990 12024 12101 11459 11364 11439 11346 11349 11253 11178 11300 11318 11243 11201 11178 11433 11366 11451 11405 11270 11186 11230 11265 11282 11280 11247 11224 11364 11343 11422 11322 11438 11369 11408 11416 11455 11500 11537 11472 11409 11533 11552 11590 11622 11655 11500 11509 11524 11489 11566 11713 11693 11792 11856 11767 11597 11459 11364 11439 11346 11349 11253 11178 11300 11318 11243 11201 11178 11433 11366 11451 11405 11270 11186 11230 11265 11282 11280 11247 11224 11364 11343 11422 11322 11438 11369 11408 11416 11455 11500 11537 11472 11409 11533 11552 11590 11622 11655 11500 11509 11524 11489 11566 11713 11693 11792 11856 11767 11597 11223 11260 11200 11221 11153 11129 11143 11171 11165 11115 11140 11161 11204 11249 11237 11296 11148 11053 11152 11166 11172 11157 11216 11184 11236 11224 11241 11294 11326 11250 11219 11335 11357 11387 11395 11389 11390 11391 11480 11480 11559 11484 11453 11435 11559 11547 11565 11614 11679 11624 11602 11627 11539 45219 44926 45176 45008 45057 44947 45098 45176 45127 45242 45251 45353 45559 45397 45491 45460 45563 45375 45471 45678 45700 45700 45703 45849 46058 45994 46060 46032 46383 46008 46158 46158 46418 46419 46560 46425 46686 46652 46860 46741 46837 46830 46815 46738 46991 47024 47280 46995 47225 47053 47111 47089 47375 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D MONETARY R E S E R V ES PLU S EX T CR RESERVES BASE RESERVES 12541 12223 12072 11664 11505 11510 11482 11478 11361 11498 11294 11468 11712 11493 11565 11533 11549 11239 11454 11503 11495 11332 11368 11368 11698 11744 11836 11768 11980 11495 11448 11589 11659 11617 11657 11573 11700 11698 12093 11974 12059 11856 11870 11664 12005 11847 12121 11839 12094 11896 12085 12395 12539 11983 11859 11711 11500 11328 11268 11115 11187 11161 11136 11041 11110 11433 11338 11357 11343 11230 11104 11243 11189 11197 11124 11104 11079 11371 11512 11615 11505 11520 11336 11269 11329 11283 11339 11328 11258 11222 11473 11684 11696 11689 11617 11490 11434 11529 11420 11531 11680 11719 11774 11951 12138 12035 11983 11859 11711 11500 11328 11268 11115 11187 11161 11136 11041 11110 11433 11338 11357 11343 11230 11104 11243 11189 11197 11124 11104 11079 11371 11512 11615 11505 11520 11336 11269 11329 11283 11339 11328 11258 11222 11473 11684 11696 11689 11617 11490 11434 11529 11420 11531 11680 11719 11774 11951 12138 12035 11747 11755 11472 11375 11132 11144 11080 11058 11008 11008 10980 11093 11204 11221 11143 11234 11108 10971 11165 11090 11087 11001 11073 11039 11243 11393 11434 11477 11408 11217 11080 11248 11185 11226 11186 11175 11203 11331 11612 11586 11626 11446 11443 11360 11564 11478 11530 11581 11705 11606 11697 11998 11977 46396 46041 45582 45015 44473 44596 44801 44700 44437 44657 44850 45015 45150 44905 45345 45280 45211 44684 45246 45483 45395 45117 45408 45764 46001 45955 46003 46620 46723 46144 45846 46193 46560 46399 46257 46121 46834 46604 46858 46490 47039 46986 46905 46480 46983 47334 47629 47330 47745 47855 47970 48439 48675 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ........... ............................ ..............S E A S O N A L L Y A D J U S T E D ........................................................ - NONNONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY RESERVES BASE PLU S EXT CR RESERVES RESERVES 1965 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 , 12009 12106 11902 11817 11926 11953 11795 11947 11773 11860 11852 11958 11912 12080 11968 12199 11939 11984 11883 11886 11890 11944 11907 12136 12060 11933 12061 12267 11931 12014 12111 12107 12057 12030 12105 12031 12045 12148 12042 12174 12001 12417 11886 12120 12058 12072 11935 12297 12356 12385 12174 12366 11700 11682 11625 11614 11648 11481 11442 11427 11503 11475 11482 11495 11425 11510 11571 11627 11594 11506 11385 11386 11407 11426 11433 11525 11477 11447 11479 11647 11506 11535 11567 11491 11566 11485 11568 11548 11487 11521 11489 11638 11506 11826 11548 11634 11724 11583 11574 11763 11878 11899 11956 11820 11700 11682 11625 11614 11648 11481 11442 11427 11503 11475 11482 11495 11425 11510 11571 11627 11594 11506 11385 11386 11407 11426 11433 11525 11477 11447 11479 11647 11506 11535 11567 11491 11566 11485 11568 11548 11487 11521 11489 11638 11506 11826 11548 11634 11724 11583 11574 11763 11878 11899 11956 11820 11662 11515 11513 11476 11542 11457 11473 11408 11553 11492 11524 11497 11544 11705 11690 11725 11698 11650 11534 11543 11580 11613 11605 11734 11645 11595 11713 11735 11737 11692 11725 11684 11728 11619 11672 11659 11578 11713 11685 11731 11701 11924 11689 11739 11629 11756 11699 11872 11895 11820 11940 11903 47156 47347 47183 47343 47417 47514 47389 47651 47469 47577 47550 47656 47603 47705 47593 47948 47627 47758 47738 47745 47838 47946 47931 48091 48161 48092 48274 48442 48097 48286 48338 48413 48411 48539 48528 48483 48642 48822 48896 48936 48851 49267 48957 49193 49196 49186 49150 49453 49599 49738 49470 49714 ........................................................N O T S E A S O N A L L Y A D J U S T E D ............................................. NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES RESERVES PLU S EXT CR BASE 12592 12404 12049 11892 11994 11955 11713 11865 11726 11705 11757 12032 11891 11980 11798 12155 11853 12106 11914 11891 11823 11854 11804 12022 12305 12159 12341 12349 11929 11913 12053 11932 11835 11858 11891 11753 11898 12262 12084 12189 11891 12334 11937 12175 12049 11995 11878 12234 12336 12453 12583 12833 12283 11980 11772 11689 11716 11483 11360 11345 11456 11320 11387 11569 11404 11410 11401 11583 11508 11628 11416 11391 11340 11336 11330 11411 11722 11673 11759 11729 11504 11434 11509 11316 11344 11313 11354 11270 11340 11635 11531 11653 11396 11743 11599 11689 11715 11506 11517 11700 11858 11967 12365 12287 12283 11980 11772 11689 11716 11483 11360 11345 11456 11320 11387 11569 11404 11410 11401 11583 11508 11628 11416 11391 11340 11336 11330 11411 11722 11673 11759 11729 11504 11434 11509 11316 11344 11313 11354 11270 11340 11635 11531 11653 11396 11743 11599 11689 11715 11506 11517 11700 11858 11967 12365 12287 12245 11813 11660 11551 11610 11459 11391 11326 11506 11337 11429 11571 11523 11605 11520 11681 11612 11772 11565 11548 11513 11523 11502 11620 11890 11821 11993 11817 11735 11591 11667 11509 11506 11447 11458 11381 11431 11827 11727 11746 11591 11841 11740 11794 11620 11679 11642 11809 11875 11888 12349 12370 48417 47971 47294 46895 46981 47254 46901 46957 46797 47150 47118 47324 46994 47526 47409 47662 46970 47441 47577 47440 47239 47548 47835 47957 48197 47884 48844 48855 48316 48060 48318 48586 48411 48268 48125 48604 48562 48881 48588 49068 49054 49382 48802 49131 49504 49540 49483 49912 50411 50568 50848 51101 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS S E A S O N A L L Y A D J U S T E D ............. ............................ .................................................................................. N O T NONNONNONBORROW ED NONM ONETARY BORROW ED TOTAL RESERVES R E Q U IR E D BO RROW ED BASE RESERVES RESERVES PLU S EX T CR RESERVES RESERVES 12214 12181 12195 12134 12162 12178 12203 12110 12245 12230 12195 12341 12298 12308 12244 12181 12304 12092 12259 12252 12397 12392 12717 12167 12267 12268 12303 12102 12049 12164 12217 12374 12427 11887 12261 12288 12248 12041 12168 12255 12378 11954 12243 12046 12361 12110 12309 11700 12011 11867 11869 11878 11711 11728 11675 11670 11548 11642 11601 11602 11622 11627 11510 11699 11681 11628 11581 11528 11492 11545 11471 11561 11626 11565 11899 11536 11587 11490 11521 11372 11330 11473 11468 11486 11656 11237 11433 11360 11458 11523 11574 11609 11667 11515 11607 11597 11714 11638 11761 11700 12011 11867 11869 11878 11711 11728 11675 11670 11548 11642 11601 11602 11622 11627 11510 11699 11681 11628 11581 11528 11492 11545 11471 11561 11626 11565 11899 11536 11587 11490 11521 11372 11330 11473 11468 11486 11656 11237 11433 11360 11458 11523 11574 11609 11667 11515 11607 11597 11714 11638 11761 11943 11913 11877 11916 11948 11870 11844 11797 11841 11802 11815 11832 11822 11912 11870 11822 11961 12012 11968 11925 11867 11868 11885 11794 11970 11938 12042 11993 11996 11991 11915 11842 11825 11675 11800 11880 11870 11835 11820 11947 11875 11759 11894 11889 11877 11831 11770 11783 11865 11851 11906 11872 49553 50104 49712 49856 49976 50038 49992 50152 50059 50187 50220 50179 50116 50263 50489 50446 50511 50493 50598 50556 50560 50725 50530 50784 50690 50973 51056 51359 50769 50922 50975 51043 50896 50974 51049 51036 51319 51381 50870 51186 51267 51249 51073 51230 51385 51606 51238 51514 51264 51703 51457 51740 12898 12986 12301 12309 12378 12229 12103 12087 12054 12015 12062 12248 12056 12181 12209 12363 12345 12389 12302 12206 12038 12155 11967 12156 12368 12557 12668 12830 12168 12159 12211 12167 11906 11830 11951 11962 12151 12497 11904 12336 12206 12206 12086 12209 12231 12304 11900 12194 12062 12385 12538 12765 12336 12396 12083 11957 11960 11726 11650 11567 11590 11401 11526 11646 11548 11558 11606 11678 11703 11772 11622 11543 11385 11343 11420 11368 11677 11786 11841 12012 11537 11479 11433 11385 11176 11111 11260 11213 11263 11726 11254 11508 11278 11416 11568 11615 11585 11593 11461 11558 11613 11738 12066 12217 SEASO N ALLY A D JU S T ED BORROW ED RESERVES PLU S EXT CR 12336 12396 12083 11957 11960 11726 11650 11567 11590 11401 11526 11646 11548 11558 11606 11678 11703 11772 11622 11543 11385 11343 11420 11368 11677 11786 11841 12012 11537 11479 11433 11385 11176 11111 11260 11213 11263 11726 11254 11508 11278 11416 11568 11615 11585 11593 11461 11558 11613 11738 12066 12217 R E Q U IR E D RESERVES 12579 12298 12093 12004 12030 11885 11766 11689 11761 11655 11699 11877 11768 11848 11849 11990 11965 12103 11962 11887 11724 11719 11760 11691 12086 12098 12318 12106 11997 11883 11858 11706 11629 11456 11587 11625 11647 11905 11837 12022 11793 11717 11939 11930 11853 11757 11716 11734 11881 11875 12334 12328 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ----------------------------------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D MONETARY PLU S EXT CR RESERVES BASE RESERVES RESERVES 1967 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR M AR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 12376 12586 12006 12406 12309 12220 12313 12489 12060 12250 12320 12718 12461 12630 12362 12612 12349 12556 12370 12482 12349 12411 12454 12377 12459 12475 12676 12916 12562 12753 12680 12804 12663 12751 12479 12792 12925 12895 12697 13005 12913 13528 12911 13039 13119 13236 13081 13105 13108 13096 13047 13233 11811 12001 11789 11868 12133 11867 11857 12012 11893 12048 12147 12416 12326 12450 12217 12434 12251 12422 12307 12359 12299 12309 12377 12334 12368 12334 12323 12847 12511 12699 12564 12713 12534 12704 12433 12713 12855 12789 12623 12861 12768 13312 12853 12959 12987 13074 12954 12986 13021 12975 12862 12888 11811 12001 11789 11868 12133 11867 11857 12012 11893 12048 12147 12416 12326 12450 12217 12434 12251 12422 12307 12359 12299 12309 12377 12334 12368 12334 12323 12847 12511 12699 12564 12713 12534 12704 12433 12713 12855 12789 12623 12861 12768 13312 12853 12959 12987 13074 12954 12986 13021 12975 12862 12888 11981 11959 11881 11890 11969 11931 11895 11906 11901 11891 11948 12151 12076 12183 12136 12134 12103 12151 12041 12078 12022 12030 12123 12022 12198 12044 12214 12273 12326 12321 12385 12433 12281 12278 12219 12460 12539 12487 12486 12592 12664 12967 12721 12748 12789 12718 12860 12721 12820 12763 12780 12791 51795 52046 51585 51998 51931 52009 52235 52428 52035 52311 52334 52772 52624 52500 52340 52623 52473 52741 52653 52731 52626 52692 52695 52835 52929 52952 53069 53319 52974 53248 53198 53340 53327 53462 53276 53529 53653 53716 53647 53937 53925 54370 53887 54056 54203 54313 54160 54311 54284 54367 54433 54905 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES RESERVES PLU S EXT CR BASE 13054 12992 12228 12544 12390 12317 12258 12350 11949 12124 12161 12781 12455 12504 12260 12634 12415 12627 12447 12441 12188 12168 12229 12239 12587 12484 12705 12883 12604 12745 12646 12644 12504 12525 12243 12565 12656 12871 12723 13078 12853 13374 12926 13046 13082 13102 12957 13013 13112 13022 13353 13736 12489 12407 12011 12006 12214 11964 11802 11873 11782 11922 11988 12479 12320 12324 12115 12456 12317 12493 12384 12318 12138 12066 12152 12196 12496 12343 12352 12814 12553 12691 12530 12553 12375 12478 12197 12486 12586 12765 12649 12934 12708 13158 12868 12966 12950 12940 12830 12894 13025 12901 13168 13391 12489 12407 12011 12006 12214 11964 11802 11873 11782 11922 11988 12479 12320 12324 12115 12456 12317 12493 12384 12318 12138 12066 12152 12196 12496 12343 12352 12814 12553 12691 12530 12553 12375 12478 12197 12486 12586 12765 12649 12934 12708 13158 12868 12966 12950 12940 12830 12894 13025 12901 13168 13391 12659 12365 12103 12028 12050 12028 11840 11767 11790 11765 11789 12214 12070 12057 12034 12156 12169 12222 12118 12037 11861 11787 11898 11884 12326 12053 12243 12240 12368 12313 12351 12273 12122 12052 11983 12233 12270 12463 12512 12665 12604 12813 12736 12755 12752 12584 12736 12629 12824 12689 13086 13294 53104 53029 51823 51769 51378 51806 51761 51722 51131 51819 51822 52460 51948 52058 52184 52380 51915 52243 52565 52427 52066 52032 52568 52697 52975 52671 53354 53869 53313 53211 53054 53577 53349 53298 52747 53550 53707 53721 53314 53823 54130 54590 53924 53832 54498 54613 54650 54735 55089 55318 55686 56472 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS TOTAL RESERVES 1968 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 13575 13382 12987 13279 13165 13252 13205 13076 13200 13307 13309 13241 12949 13108 13101 13406 12915 13038 13165 13090 13096 13193 13098 13192 13118 13570 13217 13385 13419 13571 13548 13459 13363 13664 13314 13343 13596 13451 13252 13515 13436 13721 13317 13667 13371 13902 13674 13556 13769 13371 13723 13829 S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONBORROW ED NONBO RROW ED MONETARY RESERVES R E Q U IR E D RESERVES BASE PLU S EX T CR RESERVES 13080 13202 12763 13046 12924 13011 12821 12671 12758 12807 12530 12508 12367 12412 12455 12643 12264 12364 12342 12378 12427 12429 12339 12514 12454 12763 12724 12973 12949 12932 12946 12722 12787 13045 12940 12889 12962 13047 12778 12974 13033 13205 12980 13172 12979 13227 13161 12973 13238 12937 13148 12970 13080 13202 12763 13046 12924 13011 12821 12671 12758 12807 12530 12508 12367 12412 12455 12643 12264 12364 12342 12378 12427 12429 12339 12514 12454 12763 12724 12973 12949 12932 12946 12722 12787 13045 12940 12889 12962 13047 12778 12974 13033 13205 12980 13172 12979 13227 13161 12973 13238 12937 13148 12970 12922 12818 12830 12903 12829 12877 12717 12697 12887 12991 12851 12827 12788 12777 12695 12879 12789 12762 12784 12690 12774 12802 12890 12882 12852 12992 13035 12952 13145 13161 13190 13117 13049 13150 13135 13088 13040 13077 13055 13130 13211 13348 13318 13315 13179 13365 13445 13371 13290 13319 13355 13409 55076 54957 54631 54962 54938 55191 55265 54955 55231 55450 55571 55446 55257 55472 55775 56105 55421 55536 55900 55889 55818 55910 55944 56329 56178 56746 56299 56704 56463 56673 56803 56909 57014 57080 56876 57029 57473 57072 56890 57324 57163 57600 57433 57776 57343 58083 57985 57913 58224 57900 58331 58267 ----------------------------------------------- N O T NONNONBORROW ED TOTAL RESERVES RESERVES 14297 13894 13264 13438 13239 13415 13181 12968 13169 13277 13139 13214 12899 13047 13054 13543 13026 13068 13231 13010 12988 12977 12922 13000 13125 13651 13245 13307 13340 13522 13438 13429 13171 13441 13024 13096 13402 13198 13058 13475 13477 13822 13337 13605 13287 13864 13678 13415 13683 13250 13755 13852 13802 13714 13040 13205 12998 13174 12797 12563 12727 12777 12360 12481 12317 12351 12408 12780 12375 12394 12408 12298 12319 12213 12163 12322 12461 12844 12752 12895 12870 12883 12836 12692 12595 12822 12650 12642 12768 12794 12584 12934 13074 13306 13000 13110 12895 13189 13165 12832 13152 12816 13180 12993 SEASO N ALLY A D JU S T ED BORROW ED RESERVES PLU S EX T CR 13802 13714 13040 13205 12998 13174 12797 12563 12727 12777 12360 12481 12317 12351 12408 12780 12375 12394 12408 12298 12319 12213 12163 12322 12461 12844 12752 12895 12870 12883 12836 12692 12595 12822 12650 12642 12768 12794 12584 12934 13074 13306 13000 13110 12895 13189 13165 12832 13152 12816 13180 12993 R E Q U IR E D RESERVES 13644 13330 13107 13062 12903 13040 12693 12589 12856 12961 12681 12800 12738 12716 12648 13016 12900 12792 12850 12610 12666 12586 12714 12690 12859 13073 13063 12874 13066 13112 13080 13087 12857 12927 12845 12841 12846 12824 12861 13090 13252 13449 13338 13253 13095 13327 13449 13230 13204 13198 13387 13432 MONETARY BASE 56437 56031 55005 54907 54297 54897 54738 54379 54377 54872 55043 55053 54547 54910 55481 55929 55001 54881 55708 55502 55475 55276 55755 56172 56153 56456 56388 57217 56888 56878 56552 57002 57003 57177 56504 56906 57536 57048 56568 57068 57212 57849 57727 57508 57378 58307 58722 58515 59008 58775 59549 59830 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS --------------------------------------------- S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES PLU S EXT CR RESERVES BASE RESERVES 1969 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 14206 13596 13694 13617 13536 13603 13641 13863 13707 13748 13710 13516 13641 13685 13540 13352 13465 13465 13955 13824 13704 13841 13965 13975 13576 13654 13909 13462 13473 13561 13315 13726 13754 13716 13849 13926 13831 13659 13800 13978 13771 13926 13946 13882 14186 14243 14158 14112 14159 14183 14048 14055 14391 12886 13098 13007 12835 12645 12859 12842 12819 12950 13014 12835 12740 12677 12490 12593 12593 12330 12347 12352 12653 12346 12538 12444 12715 12261 12331 12275 12442 12194 12207 12046 12636 12425 12495 12645 12686 13091 12641 12694 12542 12804 12579 12931 12703 12858 12999 13087 12902 12968 12983 13004 12959 13287 12886 13098 13007 12835 12645 12859 12842 12819 12950 13014 12835 12740 12677 12490 12593 12593 12330 12347 12352 12653 12346 12538 12444 12715 12261 12331 12275 12442 12194 12207 12046 12636 12425 12495 12645 12686 13091 12641 12694 12542 12804 12579 12931 12703 12858 12999 13087 12902 12968 12983 13004 12959 13287 13305 13394 13462 13344 13348 13368 13420 13500 13503 13541 13462 13431 13373 13376 13315 13208 13293 13380 13472 13563 13588 13728 13596 13527 13477 13463 13413 13349 13297 13179 13169 13475 13421 13657 13637 13524 13440 13527 13596 13658 13632 13708 13790 13802 13890 13872 14012 13974 13956 13892 13951 13791 13863 59115 58590 58446 58632 58636 58628 58726 59238 59024 58806 58899 58955 59163 59165 58976 58867 59184 59191 59457 59444 59455 59712 59877 59867 59591 59715 60019 59558 59761 59889 59530 59880 60036 60112 60238 60567 60337 60175 60320 60532 60283 60578 60778 60768 61117 61247 61168 61237 61427 61631 61441 61380 61885 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES PLU S EXT CR RESERVES BASE 14742 14257 14675 14566 14027 13974 13859 14139 13760 13690 13562 13474 13480 13583 13466 13442 13659 13687 14196 13860 13793 13766 13811 13717 13339 13340 13816 13495 13601 13633 13209 13556 13548 13592 13502 13611 13613 13447 13560 13912 13694 13864 13974 13674 14056 14126 14203 13973 14091 14151 14241 14213 14818 13422 13759 13988 13784 13136 13230 13060 13095 13003 12956 12687 12698 12516 12388 12519 12683 12524 12569 12593 12689 12435 12463 12290 12457 12024 12017 12182 12475 12322 12279 11940 12466 12219 12371 12298 12371 12873 12429 12454 12476 12727 12517 12959 12495 12728 12882 13132 12763 12900 12951 13197 13117 13714 13422 13759 13988 13784 13136 13230 13060 13095 13003 12956 12687 12698 12516 12388 12519 12683 12524 12569 12593 12689 12435 12463 12290 12457 12024 12017 12182 12475 12322 12279 11940 12466 12219 12371 12298 12371 12873 12429 12454 12476 12727 12517 12959 12495 12728 12882 13132 12763 12900 12951 13197 13117 13714 13841 14055 14443 14293 13839 13739 13638 13776 13556 13483 13314 13389 13212 13274 13241 13298 13487 13602 13713 13599 13677 13653 13442 13269 13240 13149 13320 13382 13425 13251 13063 13305 13215 13533 13290 13209 13222 13315 13356 13592 13555 13646 13818 13594 13760 13755 14057 13835 13888 13860 14144 13949 14290 60634 59782 58998 58932 57996 58079 58142 58907 58333 58091 58183 58539 58456 58487 58465 58637 59033 58446 59046 58978 59381 59190 59587 59527 59579 59465 59934 59941 60180 60414 59253 59806 59968 60455 60061 60317 60252 60189 60084 60156 60167 60752 61308 60542 60997 61397 62053* 61990 62206 62394 62708 63018 63475 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------------------S E A S O N A L L Y A D J U S T E D ------------------------------------------------NONNONBORROW ED BO RROW ED RESERVES R E Q U IR E D MONETARY BASE RESERVES PLU S EXT CR RESERVES 14124 14125 14008 14052 13923 14064 14047 14290 14182 14312 14252 14061 14329 13889 14096 13751 14025 14020 14189 13952 14188 14045 14206 14194 14183 14167 14437 14226 14228 14336 14647 14591 14127 14454 14616 14298 14504 14464 14564 14568 14384 14271 14654 14416 14411 14562 14757 13259 13091 13185 13055 12944 13055 13015 12943 13216 12991 13247 13111 13341 13686 13295 13283 13167 13555 13079 12917 12818 12801 13163 13531 13065 13197 12751 12525 12808 12952 13157 13263 13545 13568 13676 13884 14091 13667 13793 14218 13848 13918 14031 14141 14123 14054 13835 14199 14126 14012 14237 14487 13259 13091 13185 13055 12944 13055 13015 12943 13216 12991 13247 13111 13341 13686 13295 13283 13167 13555 13079 12917 12818 12801 13163 13531 13065 13197 12751 12525 12808 12952 13157 13263 13545 13568 13676 13884 14091 13667 13793 14218 13848 13918 14031 14141 14123 14054 13835 14199 14126 14012 14237 14487 13826 13879 13944 13973 13991 13917 13876 13836 13854 13852 13914 13951 13951 14003 14210 14094 13949 13979 13861 13882 13707 13830 13884 13916 13864 13915 13971 13976 14009 14030 13979 14158 14134 14090 14158 14232 14235 14174 14182 14264 14257 14315 14273 14246 14286 14220 14195 14237 14280 14291 14352 14323 62006 61635 61615 61815 62017 61880 61898 61970 61923 61901 62099 62342 62710 62472 62603 62654 62803 63162 62922 63100 62739 63001 63092 63285 63154 63327 63093 63519 63678 63491 63487 63902 63655 63685 63872 64237 64217 63926 64028 64363 64035 64322 64393 64536 64618 64420 64464 64913 64782 64740 65073 65364 --------------------NOT SEASONALLY ADJUSTED----NONNONBORROWED TOTAL BORROWED RESERVES REQUIRED RESERVES RESERVES PLUS EXT CR RESERVES 14740 14849 15163 14580 14559 14302 14362 14022 13942 13736 14005 13869 14155 14022 14311 14377 14197 14565 13891 14183 13631 13858 13741 13936 13592 14012 13956 14205 14225 14048 13986 14255 14088 13864 13980 14391 14330 13819 14327 14494 14159 14480 14191 14363 14399 14376 14085 14519 14304 14497 14672 15084 13888 13984 14200 13550 13301 13233 13252 12957 13106 12804 13188 12933 13206 13526 13294 13408 13303 13791 13081 13004 12698 12634 12884 13278 12705 13021 12662 12524 12839 12817 12976 13081 13407 13204 13320 13628 13830 13359 13666 14096 13709 13894 13758 13940 13954 14046 13649 14064 14014 14098 14347 14814 13888 13984 14200 13550 13301 13233 13252 12957 13106 12804 13188 12933 13206 13526 13294 13408 13303 13791 13081 13004 12698 12634 12884 13278 12705 13021 12662 12524 12839 12817 12976 13081 13407 13204 13320 13628 13830 13359 13666 14096 13709 13894 13758 13940 13954 14046 13649 14064 14014 14098 14347 14814 14455 14772 14959 14468 14348 14095 14113 13850 13744 13665 13855 13773 13816 13843 14209 14219 14085 14215 13863 13969 13587 13663 13605 13663 13504 13739 13882 13975 14040 13895 13798 13976 13996 13726 13802 13976 13974 13866 14055 14142 14118 14291 14000 14045 14117 14212 14009 14102 14168 14377 14462 14650 TABLE 4 AG G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S ----------------------------------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBO RROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY PLU S EXT CR RESERVES BASE RESERVES RESERVES 1971 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 14960 14323 14545 14623 14634 14687 14940 14941 14766 14679 14935 14638 14953 14814 14669 14657 14782 15155 14838 14870 15015 15121 14916 15158 15013 15121 15084 14876 15262 15122 15493 14984 15199 15039 15393 15513 15532 15117 15541 15370 15120 15246 15013 15417 15000 15263 15106 15598 15099 15209 15019 15450 14553 14046 14073 14269 14351 14440 14379 14691 14508 14258 14645 14305 14696 14617 14519 14573 14606 14981 14739 14564 14748 14475 14763 14755 14394 14371 14423 13885 14141 14577 14729 14391 14020 14268 14687 14748 15075 14788 15117 15061 14671 14914 14600 15201 14878 14976 14568 14893 15040 15184 14878 15234 14553 14046 14073 14269 14351 14440 14379 14691 14508 14258 14645 14305 14696 14617 14519 14573 14606 14981 14739 14564 14748 14475 14763 14755 14394 14371 14423 13885 14141 14577 14729 14391 14020 14268 14687 14748 15075 14788 15117 15061 14671 14914 14600 15201 14878 14976 14568 14893 15040 15184 14878 15234 14384 14291 14453 14341 14397 14482 14643 14624 14596 14597 14670 14570 14577 14537 14461 14576 14734 14790 14608 14768 14841 14836 14843 14892 14803 14889 14807 14871 14980 15055 15059 14957 14975 14948 15069 15308 15285 15178 15198 15156 15071 15036 14962 15021 14990 15075 14962 15008 14956 15005 15048 15136 65852 65334 65438 65552 65632 65635 66178 66398 66166 65943 66555 66382 66722 66494 66547 66696 67036 67259 67042 67203 67521 67621 67451 67747 67655 67876 67753 67933 68483 68265 68589 68090 68411 68368 68725 68665 68795 68642 68928 68585 68311 68650 68624 69026 68431 68678 68973 69530 68857 68925 69052 69409 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES PLU S EXT CR RESERVES BASE 15605 15162 15659 15153 14967 14812 15115 14907 14599 14455 14835 14432 14804 14587 14525 14689 14823 15351 14833 14952 14886 14933 14587 14859 14631 14884 14916 14765 15293 15008 15300 14773 15007 14642 14976 15132 15134 14697 15306 15194 14911 15180 14692 15150 14760 15208 14896 15403 14884 15155 15046 15644 15198 14885 15187 14799 14684 14565 14554 14657 14341 14034 14545 14099 14547 14390 14375 14605 14647 15177 14734 14646 14619 14287 14434 14456 14012 14134 14255 13774 14172 14463 14536 14180 13828 13871 14270 14367 14677 14368 14882 14885 14462 14848 14279 14934 14638 14921 14358 14698 14825 15130 14905 15428 15198 14885 15187 14799 14684 14565 14554 14657 14341 14034 14545 14099 14547 14390 14375 14605 14647 15177 14734 14646 14619 14287 14434 14456 14012 14134 14255 13774 14172 14463 14536 14180 13828 13871 14270 14367 14677 14368 14882 14885 14462 14848 14279 14934 14638 14921 14358 14698 14825 15130 14905 15428 15029 15130 15567 14871 14730 14607 14818 14590 14429 14373 14570 14364 14428 14310 14317 14608 14775 14986 14603 14850 14712 14648 14514 14593 14421 14652 14639 14760 15011 14941 14866 14746 14783 14551 14652 14927 14887 14758 14963 14980 14862 14970 14641 14754 14750 15020 14752 14813 14741 14951 15075 15330 67172 66103 66143 65095 64912 64976 65877 65791 65252 65000 66028 65815 65737 65768 66188 66785 66319 66716 66540 67136 67009 67122 67009 67662 67566 67436 68075 68406 69326 68117 68463 68096 68723 68311 68239 68575 68769 68589 68280 68410 68462 69320 68531 68808 68678 69424 69794 70252 69741 70157 70819 71124 TABLE 4 A G GREG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR C H A N GES I N R E S E R V E R E Q U IR E M E N T S --------------------------------------------- S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY BASE RESERVES PLU S EXT CR RESERVES RESERVES 1972 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 15553 15207 15404 15306 15449 15213 15526 15348 15339 15284 15669 15148 15722 15891 15667 15459 15684 15602 15679 15824 15677 15836 16086 15869 15922 15728 16017 15768 15773 15732 15980 15991 16120 15838 16028 16515 15647 16015 15822 16177 16296 16176 16110 16200 16182 16851 16255 16484 16637 16575 16607 16557 15496 15190 15390 15294 15433 15171 15508 15334 15272 15181 15656 15033 15569 15750 15653 15416 15405 15485 15592 15785 15614 15582 16028 15775 15863 15599 15705 15541 15600 15560 15617 15704 15738 15490 15551 15678 15498 15298 15272 15741 15761 15742 15345 15645 15223 16357 15836 15912 16048 15770 15386 15439 15496 15190 15390 15294 15433 15171 15508 15334 15272 15181 15656 15033 15569 15750 15653 15416 15405 15485 15592 15785 15614 15582 16028 15775 15863 15599 15705 15541 15600 15560 15617 15704 15738 15490 15551 15678 15498 15298 15272 15741 15761 15742 15345 15645 15223 16357 15836 15912 16048 15770 15386 15439 15241 15102 15186 15114 15204 15163 15215 15218 15257 15108 15276 15281 15437 15517 15501 15518 15466 15466 15488 15630 15591 15748 15755 15760 15710 15604 15689 15545 15626 15653 15738 15861 15866 15798 15801 15719 15762 15809 15785 15947 15938 16055 15960 15995 16058 16065 16066 16144 16301 16331 16401 16368 69555 69703 69885 69952 70176 70195 70501 70403 70437 70539 70961 70542 71159 71291 71016 70716 71129 71115 71347 71614 71649 71664 71921 71734 71836 71719 72025 72094 72075 72241 72472 72560 72667 72451 72761 73302 72556 73015 72948 73355 73712 73576 73725 73741 73944 74657 74344 74558 74845 74978 75078 75292 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES PLU S EXT CR RESERVES BASE 16201 16080 16661 15950 15851 15415 15732 15379 15218 15129 15601 15053 15615 15920 15658 15719 15883 15938 15875 16112 15730 15821 15799 15533 15675 15451 16077 15775 16081 15899 15991 15915 16054 15627 15766 16195 15285 15711 15660 16184 16195 16327 15989 16084 16032 16868 16250 16400 16589 16593 16827 16814 16144 16063 16647 15938 15835 15373 15714 15365 15151 15026 15588 14938 15462 15779 15644 15676 15604 15821 15788 16073 15667 15567 15741 15439 15616 15322 15765 15548 15908 15727 15628 15628 15672 15279 15289 15358 15136 14994 15110 15748 15660 15893 15224 15529 15073 16374 15831 15828 16000 15788 15606 15696 16144 16063 16647 15938 15835 15373 15714 15365 15151 15026 15588 14938 15462 15779 15644 15676 15604 15821 15788 16073 15667 15567 15741 15439 15616 15322 15765 15548 15908 15727 15628 15628 15672 15279 15289 15358 15136 14994 15110 15748 15660 15893 15224 15529 15073 16374 15831 15828 16000 15788 15606 15696 15889 15975 16443 15758 15606 15365 15421 15249 15136 14953 15208 15186 15330 15546 15492 15778 15665 15802 15684 15918 15644 15733 15468 15424 15463 15327 15749 15552 15934 15820 15749 15785 15800 15587 15539 15399 15400 15505 15623 15954 15837 16206 15839 15879 15908 16082 16061 16060 16253 16349 16621 16625 71127 70726 70863 69568 69374 69713 69902 69504 69091 69786 70316 69765 70043 71002 70979 70848 70641 70924 71578 71726 71180 71324 71876 71748 71846 71266 72895 72861 72910 72318 72372 73047 73047 72417 72108 73394 72435 72628 72161 73062 73972 73867 73343 73117 74248 75285 74980 74899 75655 76130 76587 76993 TABLE 4 AG G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR C HAN GES I N R E S E R V E R E Q U IR E M E N T S ----------------------------------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY BASE PLU S EXT CR RESERVES RESERVES RESERVES 1973 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 17002 16457 16979 16356 16914 16620 16715 17002 16518 17218 16722 16931 16691 17224 16471 16810 16731 16589 16455 16977 16594 16660 16844 16463 16726 16708 17341 16690 17187 16737 17159 16718 16932 16638 16775 17041 16579 16634 16635 16979 16902 16664 17124 16982 16922 16971 17177 16793 17148 16691 16991 17195 15251 15766 15686 15262 15604 15388 14723 15332 15039 15533 15231 14792 14680 15469 14972 14962 15085 14715 14971 15162 14906 14260 15180 14763 14798 14859 14941 15011 15465 14657 15064 14713 15016 14504 14217 14680 15092 14928 14445 15459 15549 15502 15209 15527 15751 15450 15609 15506 15670 15388 15503 16156 15251 15766 15686 15262 15604 15388 14723 15332 15039 15533 15231 14792 14680 15469 14972 14962 15085 14715 14972 15163 14907 14261 15181 14764 14808 14869 14973 15045 15501 14687 15090 14737 15045 14527 14242 14705 15115 14953 14474 15491 15579 15529 15209 15527 15751 15450 15609 15506 15670 15388 15503 16156 16424 16312 16650 16389 16459 16502 16528 16497 16539 16882 16697 16683 16603 16688 16562 16573 16393 16358 16536 16637 16500 16515 16500 16461 16582 16488 16709 16695 16730 16724 16660 16643 16618 16599 16652 16551 16435 16485 16551 16522 16482 16744 16717 16808 16665 16825 16808 16727 16710 16719 16680 16723 75920 75696 76157 75598 76250 75874 76160 76490 76116 76804 76389 76681 76559 77179 76588 76964 77183 77001 77080 77666 77398 77483 77780 77506 77773 77990 78565 78079 78731 78428 78926 78594 78781 78619 78960 79300 79081 79174 79407 79837 80204 79776 80523 80336 80258 80373 80777 80414 80798 80605 81078 81548 ------------------------------------------------N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES RESERVES BASE PLU S EX T CR 17740 17499 18663 17454 17585 16919 16902 17126 16363 16996 16478 16766 16423 17207 16348 17048 16871 16888 16617 17214 16613 16531 16503 15968 16523 16416 17419 16624 17514 16908 17139 16506 16725 16381 16436 16667 16107 16294 16485 16987 16712 16791 17010 16866 16649 16811 17160 16640 17125 16698 17277 17447 15989 16808 17370 16360 16275 15687 14910 15456 14884 15311 14987 14627 14412 15452 14849 15200 15225 15014 15133 15399 14925 14131 14839 14268 14595 14567 15019 14945 15792 14828 15044 14501 14809 14247 13878 14306 14620 14588 14295 15467 15359 15629 15095 15411 15478 15290 15592 15353 15647 15395 15789 16408 15989 16808 17370 16360 16275 15687 14910 15456 14884 15311 14987 14627 14412 15452 14849 15200 15225 15014 15134 15400 14926 14132 14840 14269 14605 14577 15051 14979 15828 14858 15070 14525 14838 14270 13903 14331 14643 14613 14324 15499 15389 15656 15095 15411 15478 15290 15592 15353 15647 15395 15789 16408 17162 17354 18334 17487 17130 16801 16715 16621 16384 16660 16453 16518 16335 16671 16439 16811 16533 16657 16698 16874 16519 16386 16159 15966 16379 16196 16787 16629 17057 16895 16640 16431 16411 16342 16313 16177 15963 16145 16401 16530 16292 16871 16603 16692 16392 16665 16791 16574 16687 16726 16966 16975 77135 76898 77441 75652 75285 75308 75554 75750 74502 75907 75654 75953 75285 76570 76569 77239 76819 76566 77326 77823 77076 77004 77643 77490 77881 77433 79177 79031 79767 78712 78728 79002 79221 78714 78299 79279 79011 78840 78590 79274 80486 80183 80265 79601 80394 81000 81516 80768 81578 81834 82689 83470 TABLE 4 AG G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONBORROW ED NONM ONETARY BO RROW ED RESERVES R E Q U IR E D BASE RESERVES RESERVES PLU S EX T CR 15945 16397 16516 15806 16045 16063 16056 15769 15843 16080 16124 15767 15340 15810 15830 15678 15260 15339 15678 15483 14369 13857 14392 14456 14232 14497 14143 14811 14407 13827 13711 14284 14258 14018 13839 13641 14138 14358 13787 14507 14967 15893 15646 15788 16533 16235 15930 16023 16506 16391 16792 17059 15945 16397 16517 15810 16053 16063 16056 15769 15843 16080 16124 15767 15340 15810 15830 15678 15260 15339 15694 15847 15395 15016 15609 15695 15398 15732 15445 16178 15840 15290 15222 15797 15767 15566 15399 15217 15722 15935 15391 16347 16293 15989 15743 15880 16624 16320 16104 16272 16736 16508 16934 17198 16767 17087 17176 17071 17006 16937 16915 17031 16888 16874 16991 17170 16884 17087 16962 17165 17060 17319 17159 17284 17330 17284 17221 17054 17208 17186 17209 17173 17598 17353 17217 17145 17186 17246 17226 17226 17113 17197 17244 17269 17267 17310 17127 17183 17335 17188 17270 17192 17293 17198 17393 17292 81335 81648 82022 81709 82140 82057 82375 82335 82532 82518 82744 82890 82874 83307 83279 83783 83575 84043 84100 84396 84569 84643 84695 84649 84932 84971 85374 85338 85441 85494 85511 85719 85792 85994 86209 86404 86310 86424 86200 86630 86221 86730 86199 86785 87102 86897 86793 87163 87571 87117 87528 87568 ------------------------------------------------N O T NONNONTOTAL BORROW ED RESERVES RESERVES 17789 18134 19143 18221 17942 17352 17257 17249 16858 16678 16730. 17050 16714 17218 16791 17675 17341 17849 17380 17516 17403 17145 17028 16539 17229 17041 17672 17331 17903 17639 17407 17084 16981 17199 16985 17119 16639 16842 17119 17743 16950 17642 16849 17258 17426 17061 17325 17384 17560 16963 17917 17953 16579 17358 18155 17039 16722 16354 16104 15873 15607 15766 15755 15567 15001 15715 15597 15859 15402 15692 15764 15539 14313 13539 13974 13810 14006 14253 14237 14691 14728 13998 13717 13995 13940 13762 13452 13213 13555 13921 13588 14525 14705 15898 15527 15620 16301 15964 15958 15905 16490 16315 17099 17291 SEASO N ALLY A D JU S T E D BORROW ED RESERVES PLU S EX T CR 16579 17358 18156 17043 16730 16354 16104 15873 15607 15766 15755 15567 15001 15715 15597 15859 15402 15692 15780 15903 15339 14698 15191 15049 15172 15488 15539 16058 16161 15461 15228 15508 15449 15310 15012 14789 15139 15498 15192 16365 16031 15994 15624 15712 16392 16049 16132 16154 16720 16432 17241 17430 R E Q U IR E D RESERVES 17401 18048 18815 18304 17683 17228 16963 17135 16652 16560 16622 16970 16545 16992 16729 17346 17202 17672 17245 17340 17274 16966 16803 16408 16982 16942 17303 17053 17919 17524 17223 16856 16868 16990 16839 16798 16530 16760 17045 17287 17005 17315 17008 17015 17103 16917 17298 17074 17277 17122 17700 17524 82514 83018 83442 82030 81173 81325 81706 81670 80760 81438 81971 82193 81551 82460 83230 84089 83243 83534 84273 84521 84364 84079 84455 84664 85135 84461 85816 86407 86558 85869 85297 86045 86268 86193 85551 86306 86336 86179 85409 85948 86376 87118 85972 85964 87136 87497 87584 87567 88395 88480 89256 89764 TABLE 4 AG G REG A TE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FO R CH A N G ES I N R E S E R V E R E Q U IR E M E N T S ----------------------------------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY PLU S EXT CR RESERVES RESERVES RESERVES BASE 1975 JA N 1 JA N 8 JA N 15 JA N 22 JA N 29 FEB 5 F E B 12 FEB 19 FEB 26 MAR 5 MAR 12 MAR 19 MAR 2 6 APR 2 APR 9 APR 16 APR 23 A P R 30 MAY 7 M AY 14 MAY 21 MAY 28 JU N 4 JU N 11 JU N 18 JU N 25 JU L 2 JU L 9 JU L 16 JU L 23 J U L 30 AUG 6 AUG 13 AUG 20 AUG 27 SEP 3 S E P 10 S EP 17 SEP 24 OCT 1 OCT 8 O CT 15 OCT 22 OCT 29 NOV 5 NOV 12 NOV 19 NOV 26 DEC 3 D EC 10 DEC 17 D EC 24 D EC 31 17858 17249 17144 17322 17232 17483 17118 17253 17207 17560 17399 17220 17502 17589 17448 17600 17425 17491 17472 17115 17345 17328 17711 17299 17974 17647 18031 17589 17492 17576 17759 17633 17436 17708 17748 17854 17661 17923 17690 18092 17356 17644 17380 17679 18349 17369 17811 17922 18002 17739 17889 17652 17931 17297 16938 16535 16728 17090 17385 17028 17024 17027 17490 17339 17053 17347 17538 17418 17578 17260 17250 17438 17098 17224 17244 17627 17261 17897 17459 17160 17367 17290 17194 17506 17453 17257 17504 17476 17632 17276 17596 17295 17511 17117 17471 17147 17584 18282 17330 17753 17848 17935 17709 17844 17433 17678 17439 17048 16719 16926 17161 17446 17084 17075 17075 17535 17379 17091 17378 17572 17436 17583 17266 17258 17440 17100 17228 17248 17636 17271 17911 17481 17184 17386 17310 17212 17527 17465 17265 17517 17490 17648 17292 17611 17307 17523 17129 17486 17168 17584 18284 17332 17755 17860 17945 17716 17858 17446 17692 17281 17112 17186 17136 17058 17088 17059 17095 17048 17151 17169 17200 17358 17310 17330 17381 17355 17302 17161 17116 17274 17164 17377 17335 17640 17556 17635 17456 17419 17373 17478 17434 17420 17497 17452 17553 17667 17656 17657 17630 17380 17331 17351 17393 17485 17357 17626 17710 17673 17573 17642 17441 17517 87967 87574 87520 87879 87922 88107 88014 88140 88327 88739 88790 88635 89142 89347 89127 89083 89025 89165 89351 89257 89690 89831 90336 90188 90998 91053 91502 91363 91232 91299 91534 91578 91421 91750 91874 91980 91883 92118 92065 92530 92062 92431 92314 92692 93431 92835 93331 93584 93945 93783 93905 93908 93929 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES PLU S EX T CR RESERVES BASE 18458 18047 18612 18688 17942 17850 17098 17337 16975 17239 16981 16984 17223 17457 17117 17611 17625 17880 17759 17149 17357 16990 17284 16597 17682 17473 18195 17501 17663 17762 17860 17486 17135 17547 17415 17485 17100 17474 17475 18216 17157 17535 17386 17536 18241 17102 17939 17918 18052 17658 18213 17925 18571 17897 17736 18003 18094 17800 17752 17008 17108 16795 17169 16921 16817 17068 17406 17087 17589 17460 17639 17725 17132 17236 16906 17200 16559 17605 17285 17324 17279 17461 17380 17607 17306 16956 17343 17143 17263 16715 17147 17080 17635 16918 17362 17153 17441 18174 17063 17881 17844 17985 17628 18168 17706 18318 18039 17846 18187 18292 17871 17813 17064 17159 16843 17214 16961 16855 17099 17440 17105 17594 17466 17647 17727 17134 17240 16910 17209 16569 17619 17307 17348 17298 17481 17398 17628 17318 16964 17356 17157 17279 16731 17162 17092 17647 16930 17377 17174 17441 18176 17065 17883 17856 17995 17635 18182 17719 18332 17881 17910 18654 18502 17768 17455 17039 17179 16816 16830 16751 16964 17079 17178 16999 17392 17555 17691 17448 17150 17286 16826 16950 16633 17348 17382 17799 17368 17590 17559 17579 17287 17119 17336 17119 17184 17106 17207 17442 17754 17181 17222 17357 17250 17377 17090 17754 17706 17723 17492 17966 17714 18157 89281 88973 88880 88460 86966 87308 87270 87504 86478 87457 88039 87914 87912 88327 88949 89194 88822 88536 89536 89340 89577 89250 89946 90295 91208 90710 91752 92540 92208 91821 91311 91899 91920 92069 91266 91753 91977 91892 91358 91767 92111 92672 92182 91796 93390 93413 94208* 94068 94757 95206 95673 95856 95884 TABLE 4 AG G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S --------------------------------------------- S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D MONETARY BASE RESERVES RESERVES RESERVES PLU S EXT CR 1976 JA N 7 J A N 14 JA N 21 JA N 28 FEB 4 FEB 11 FE B 18 FEB 25 MAR 3 MAR 10 MAR 17 MAR 24 MAR 31 APR 7 A P R 14 APR 21 APR 28 MAY 5 M AY 12 MAY 19 MAY 26 JU N 2 JU N 9 JU N 16 JU N 23 JU N 30 JU L 7 J U L 14 JU L 21 JU L 28 AUG 4 AUG 11 AUG 18 AUG 25 SEP 1 SEP 8 S E P 15 SEP 22 SEP 29 OCT 6 O CT 13 OCT 20 OCT 27 NOV 3 NOV 10 NOV 17 NOV 24 DEC 1 DEC 8 DEC 15 DEC 22 DEC 29 17615 17537 17632 17522 17977 17441 18097 17576 18163 17772 17853 17697 18053 17673 17696 17694 17646 18305 17550 17934 17888 18204 17723 18256 17484 18247 18157 17618 17737 17693 18268 17692 18265 17974 18177 18034 18142 17716 18104 18128 17921 18040 18018 18443 18026 18690 18042 18595 18075 18656 18189 18515 17548 17492 17479 17464 17922 17390 18041 17428 18079 17724 17813 17619 18017 17649 17635 17655 17588 18275 17495 17812 17752 17962 17630 18207 17319 18081 18031 17442 17678 17534 18111 17570 18180 17906 18084 17989 18081 17672 18017 18027 17874 17992 17898 18241 17976 18636 17998 18508 18049 18587 18152 18433 17567 17507 17486 17470 17930 17398 18055 17436 18086 17729 17816 17621 18017 17649 17635 17655 17588 18275 17495 17812 17752 17962 17630 18207 17319 18081 18031 17442 17678 17534 18111 17570 18180 17906 18084 17989 18081 17672 18017 18027 17874 17992 17898 18241 17976 18636 17998 18508 18049 18587 18152 18433 17316 17351 17398 17357 17560 17391 17597 17693 17753 17669 17652 17586 17655 17550 17523 17564 17534 17864 17583 17689 17810 17751 17793 17685 17664 17782 17595 17589 17509 17661 17832 17728 17928 17856 17887 17761 17883 17674 17905 17794 17709 17941 17907 17982 18004 18256 17922 18211 17950 18189 18118 18167 94001 94105 94247 94504 94906 94688 95229 94993 95532 95571 95764 95798 96120 95892 96308 96787 96682 97345 96866 97219 97338 97620 97461 98005 97402 98092 98220 98074 98113 98282 98808 98494 99106 98897 99137 99175 99491 99290 99773 100127 99884 99936 100011 100613 100440 101044 100837 101445 101133 101758 101315 101708 ----------------------------------------------- N O T TOTAL RESERVES 18388 18830 19192 18340 18463 17397 18135 17337 17821 17208 17508 17357 17898 17319 17422 17951 17963 18826 17516 17915 17464 17722 17032 17798 17308 18380 18206 17556 17998 17820 18299 17339 18121 17639 17875 17501 17703 17398 18264 18170 17617 18251 17877 18447 17770 18828 18075 18690 17971 18893 18528 19062 NONBORROW ED RESERVES 18321 18785 19039 18282 18408 17346 18079 17189 17737 17160 17468 17279 17862 17295 17361 17912 17905 18796 17461 17793 17328 17480 16939 17749 17143 18214 18080 17380 17939 17661 18142 17217 18036 17571 17782 17456 17642 17354 18177 18069 17570 18203 17757 18245 17720 18774 18031 18603 17945 18824 18491 18980 S E A S O N A L L Y A D J U S T E D -------------------------------------------NONBORROW ED RESERVES R E Q U IR E D MONETARY PLU S EX T CR RESERVES BASE 18340 18800 19046 18288 18416 17354 18093 17197 17744 17165 17471 17281 17862 17295 17361 17912 17905 18796 17461 17793 17328 17480 16939 17749 17143 18214 18080 17380 17939 17661 18142 17217 18036 17571 17782 17456 17642 17354 18177 18069 17570 18203 17757 18245 17720 18774 18031 18603 17945 18824 18491 18980 18089 18644 18958 18175 18046 17347 17635 17454 17411 17105 17307 17246 17500 17196 17249 17821 17851 18385 17549 17670 17386 17269 17102 17227 17488 17915 17644 17527 17770 17788 17863 17375 17784 17521 17585 17228 17444 17356 18065 17836 17405 18152 17766 17986 17748 18394 17955 18306 17846 18426 18457 18714 95485 95384 95128 93629 94079 93929 94633 93102 93979 94751 94956 94604 94834 95604 96214 96794 95924 97590 97032 97210 96391 97365 97596 98096 97226 97928 99593 98917 98949 98113 99115 99115 99585 98463 98303 99537 99258 98642 98814 100128 99969 100092 99144 100286 101050 102038 101452 102060 102437 103467 103426 103906 TABLE 4 AG G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ........... .......................................... S E A S O N A L L Y A D J U S T E D --------------------- ------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES BASE RESERVES PLU S EXT CR RESERVES 1977 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 18700 18441 18113 18614 18276 18297 18313 18269 18332 18297 18378 18216 18737 18476 18354 18398 18558 18779 18436 18676 18379 18763 18327 18424 18442 18579 18957 18573 18617 18581 19260 18816 18996 18646 19070 18831 19004 18697 18844 19278 18689 19044 18893 19017 18965 19255 18803 19024 18731 19055 18965 19061 18669 18421 18004 18525 18190 18222 18184 18233 18302 18277 18354 17878 18679 18411 18316 18369 18459 18564 18280 18549 18068 18533 18101 18201 18171 18245 18692 18413 18211 18286 18662 18231 18198 16981 17677 18195 18667 17959 18126 18395 17638 17183 17449 17904 18078 18721 17922 17951 18148 18546 18438 18375 18669 18421 18004 18525 18190 18222 18184 18233 18302 18277 18354 17878 18679 18411 18316 18369 18459 18564 18280 18549 18068 18533 18101 18201 18171 18245 18692 18413 18211 18286 18662 18231 18198 16981 17677 18195 18667 17959 18126 18395 17638 17183 17449 17904 18078 18721 17922 17951 18148 18546 18438 18375 18187 18037 18224 18190 18146 18041 18149 18040 18182 18024 18210 18139 18383 18220 18080 18364 18394 18477 18390 18458 18244 18354 18294 18178 18369 18429 18463 18309 18405 18507 18836 18713 18794 18618 18699 18600 18683 18700 18612 18877 18520 18960 18691 18752 18810 18838 18814 18586 18716 18742 18820 18816 102054 102211 101912 102715 102241 102642 102561 102738 102851 103113 103233 103186 103871 103934 104013 103831 104278 104610 104435 104684 104470 104997 104704 104968 105265 105663 106370 106126 106072 106484 107304 106960 107155 106986 107587 107652 107920 107807 108121 108602 108479 108787 108851 109083 109323 109685 109550 109817 109780 110238 110287 110688 ------------------------------------------------N O T NONTOTAL RESERVES 19590 19370 19995 19661 18909 18386 18358 18038 17960 17639 17950 17819 18506 18084 17833 18691 18836 19393 18448 18681 17824 18210 17562 17870 18281 18600 19116 18275 18964 18703 19350 18441 18835 18298 18790 18326 18534 18370 18980 19498 18264 19404 18753 19136 18753 19345 18954 19086 18733 19233 19390 19547 S E A S O N A L L Y A D J U S T E D -------------------------------------------NONBORROW ED BORROW ED RESERVES R E Q U IR E D MONETARY RESERVES RESERVES PLU S EXT CR BASE 19559 19350 19886 19572 18823 18311 18229 18002 17930 17619 17926 17481 18448 18019 17795 18662 18737 19178 18292 18554 17513 17980 17336 17647 18010 18266 18851 18115 18558 18408 18752 17856 18037 16633 17397 17690 18197 17632 18262 18615 17213 17543 17309 18023 17866 18811 18073 18013 18150 18724 18863 18861 19559 19350 19886 19572 18823 18311 18229 18002 17930 17619 17926 17481 18448 18019 17795 18662 18737 19178 18292 18554 17513 17980 17336 17647 18010 18266 18851 18115 18558 18408 18752 17856 18037 16633 17397 17690 18197 17632 18262 18615 17213 17543 17309 18023 17866 18811 18073 18013 18150 18724 18863 18861 19077 18966 20106 19237 18779 18130 18194 17809 17810 17366 17782 17742 18152 17828 17559 18657 18672 19091 18402 18463 17689 17801 17529 17624 18208 18450 18622 18011 18752 18629 18926 18338 18633 18270 18419 18095 18213 18373 18748 19097 18095 19320 18551 18871 18598 18928 18965 18648 18718 18920 19245 19302 103863 103438 103325 102210 101208 101974 101692 101313 100876 102021 102303 101989 102339 103566 103750 104020 103537 104670 104793 104836 103552 104486 104697 104957 105193 105174 107926 106948 107241 106448 107503 107717 107723 106684 106557 107929 107665 107123 107060 108580 108477 109212 108029 108525 109972 110676 110300 110311 111107 111920 112493 113219 TABLE 4 AG G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S --------------------------------------------- S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES RESERVES BASE PLU S EXT CR 1978 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 19334 19020 19591 19279 19237 19710 19661 19544 19343 19213 19224 19254 19369 19553 19210 19689 19128 19571 19537 19647 19557 19915 19541 19969 19950 19760 20760 19491 20693 19780 20023 19702 20115 19679 20087 20134 19870 19825 20072 20214 20354 19958 20080 19964 20031 19819 19750 19866 19943 19598 19767 19327 18828 18578 19173 18687 18768 19217 19380 19098 18952 18817 18976 18974 18983 19249 19039 19451 18319 17907 17849 18781 18856 18516 18896 19176 18756 18044 19567 18588 19104 18318 18585 18824 19152 18073 19064 18969 19360 18902 18512 18928 19115 18708 18766 18659 19333 19186 19146 19074 19245 19007 19200 17914 18828 18578 19173 18687 18768 19217 19380 19098 18952 18817 18976 18974 18983 19249 19039 19451 18319 17907 17849 18781 18856 18516 18896 19176 18756 18044 19567 18588 19104 18318 18585 18824 19152 18073 19064 18969 19360 18902 18512 18928 19115 18708 18766 18659 19333 19186 19146 19074 19245 19007 19200 17914 19047 18715 19330 18964 19079 19340 19483 19252 19223 18949 19093 19106 19134 19246 19222 19384 19185 19256 19354 19641 19310 19516 19492 19856 19724 19592 20041 19718 20321 19817 19670 19687 19792 19688 19818 19829 19757 19650 19849 20091 20004 20077 19761 19851 19690 19574 19600 19713 19616 19446 19530 19382 111029 111136 111626 111640 111667 112366 112465 112655 112423 112369 112583 112910 113235 113012 113065 113441 113446 114145 114210 114323 114406 114848 114714 115356 115506 115604 116512 115695 116645 116192 116434 116384 116874 116814 117537 117893 117783 117954 118499 118784 119203 118710 119188 119256 119566 119452 119872 120037 120238 120098 120303 120442 ------------------------------------------------N O T TOTAL RESERVES 20379 19804 21765 20462 19953 19879 19667 19344 18881 18532 18709 18872 19005 19140 18480 19974 19353 20201 19576 19656 18936 19281 18670 19294 19799 19615 20995 18997 21163 19944 20074 19287 19901 19394 19844 19664 19289 19455 20203 20523 19880 20358 19959 20208 19828 19779 20030 19957 20055 19699 20262 19767 NONBORROW ED RESERVES 19873 19362 21347 19870 19484 19386 19386 18898 18490 18136 18461 18592 18619 18836 18309 19736 18544 18537 17888 18790 18235 17882 18025 18501 18605 17899 19802 18094 19574 18482 18636 18409 18938 17788 18821 18499 18779 18532 18643 19237 18641 19108 18645 18903 19130 19146 19426 19165 19357 19108 19695 18354 S E A S O N A L L Y A D J U S T E D -------------------------------------------NONBORROW ED RESERVES R E Q U IR E D MONETARY PLU S EX T CR RESERVES BASE 19873 19362 21347 19870 19484 19386 19386 18898 18490 18136 18461 18592 18619 18836 18309 19736 18544 18537 17888 18790 18235 17882 18025 18501 18605 17899 19802 18094 19574 18482 18636 18409 18938 17788 18821 18499 18779 18532 18643 19237 18641 19108 18645 18903 19130 19146 19426 19165 19357 19108 19695 18354 20092 19499 21504 20147 19795 19509 19489 19052 18761 18268 18578 18724 18770 18833 18492 19669 19410 19886 19393 19650 18689 18882 18621 19181 19573 19447 20276 19224 20791 19981 19721 19272 19578 19403 19575 19359 19176 19280 19980 20400 19530 20477 19640 20095 19487 19534 19880 19804 19728 19547 20025 19822 113149 112372 113481 111338 110459 111694 111552 111247 110070 111123 111460 111702 111550 112518 112652 113867 112686 113998 114648 114518 113513 114152 114640 115302 115542 114954 118063 116599 118184 116290 116494 117130 117437 116660 116421 118167 117510 117270 117353 118576 119244 119336 118393 118560 120058 120320 120832 120569 121672 121812 122645 123278 TABLE 4 AG G REG A TE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FO R C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ----------------------------------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY RESERVES PLU S EXT CR RESERVES BASE RESERVES 1979 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 20462 19194 20287 19602 19925 19686 19347 19558 18994 19694 19322 19458 19158 19631 19235 19678 19318 19799 19462 19704 19317 19628 19782 19497 19932 19738 20459 19462 20187 19926 20151 19884 20095 19753 20222 20210 19787 20027 19925 20246 20315 20364 19992 20884 20584 20363 20445 20135 20624 20612 20870 20651 19279 18508 19391 18679 18497 18869 18293 18620 17911 18667 18440 18434 18076 18764 18607 18729 18327 18582 17974 17945 17614 17301 18442 18198 18608 18152 18782 18521 19005 18634 19205 19122 19072 18367 19105 18870 18557 18265 18766 19132 19378 18836 17032 17833 18656 18502 18581 18140 18805 19323 19184 19426 19279 18508 19391 18679 18497 18869 18293 18620 17911 18667 18440 18434 18076 18764 18607 18729 18327 18582 17974 17945 17614 17301 18442 18198 18608 18152 18782 18521 19005 18634 19205 19122 19072 18367 19105 18870 18557 18265 18766 19132 19378 18836 17032 17833 18656 18502 18581 18140 18805 19323 19185 19427 19736 19316 19883 19586 19585 19407 19236 19201 18905 19490 19221 19312 19075 19243 19079 19520 19205 19649 19388 19447 19300 19445 19422 19419 19800 19587 19813 19499 19820 19940 19861 19743 19796 19739 19852 19805 19689 19830 19899 19879 19774 20380 19828 20525 20175 20066 20340 19969 20376 20246 20218 20285 121618 120591 121504 121290 121553 121573 121349 121690 121403 122281 121800 122069 121924 122496 122347 123056 122847 123370 123318 123634 123224 123711 124148 124156 124756 124957 125697 125034 125847 126151 126353 126552 126984 126952 127651 128058 127877 128309 128487 129067 129337 129209 129121 130332 130117 130519 130427 130379 130481 131019 131269 131278 ------------------------------------------------N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES PLU S EX T CR RESERVES BASE 21542 19986 22527 21001 20762 19932 19262 19487 18518 19092 18692 19123 18697 19220 18402 19873 19569 20488 19579 19631 18814 18984 18943 18655 19803 19532 20639 18897 20497 20162 20190 19422 19730 19565 19976 19791 19127 19658 20073 20542 19841 20659 19982 21219 20425 20173 20850 20263 20865 20710 21470 21185 20359 19300 21631 20078 19334 19115 18208 18549 17435 18065 17810 18099 17615 18353 17774 18924 18578 19271 18091 17872 17111 16657 17603 17356 18479 17946 18962 17956 19315 18870 19244 18660 18707 18179 18859 18451 17897 17896 18914 19428 18904 19131 17022 18168 18497 18312 18986 18268 19046 19421 19784 19960 20359 19300 21631 20078 19334 19115 18208 18549 17435 18065 17810 18099 17615 18353 17774 18924 18578 19271 18091 17872 17111 16657 17603 17356 18479 17946 18962 17956 19315 18870 19244 18660 18707 18179 18859 18451 17897 17896 18914 19428 18904 19131 17022 18168 18497 18312 18986 18268 19046 19421 19784 19960 20816 20108 22123 20985 20422 19653 19151 19130 18429 18888 18591 18977 18614 18832 18246 19715 19456 20338 19505 19374 18797 18801 18583 18577 19671 19381 19993 18934 20130 20176 19900 19281 19431 19551 19606 19386 19029 19461 20047 20175 19300 20675 19818 20860 20016 19876 20745 20097 20617 20344 20818 20819 123846 122141 123616 121293 120291 120740 120163 120457 118804 120974 120498 120901 120016 121629 122054 123543 122186 123034 123727 123651 122558 122937 124079 124055 124912 124212 126885 126252 127456 126521 126317 127225 127496 127055 126574 128258 127646 127672 127350 128458 129487 129749 128503 129488 130389 131363 131584 131078 131898 132876 133759 134540 TABLE 4 AG G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S --------------------------------------------- S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY BASE RESERVES RESERVES PLU S EXT CR RESERVES 1980 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 2 9 16 23 30 6 13 20 27 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 20855 20768 20975 20386 20583 20781 20147 21228 20515 20932 20518 20824 20429 20944 20560 20626 20737 20503 20572 20112 20659 20233 20864 20227 20638 20516 20829 20837 20878 20440 20963 21188 20559 21231 20848 21434 21041 21194 21205 21431 21194 20977 21147 21027 21852 21776 22424 22195 22623 21722 22122 22057 21901 19424 20038 19748 19183 18764 20023 18908 19036 18455 18426 17080 17824 17770 18682 18176 18350 18184 17840 19241 19092 19821 19109 20405 19826 20242 20198 20481 20622 20546 20086 20334 20360 20169 20886 20148 20086 20447 19981 19575 19558 19946 19870 19944 19587 19974 19709 20445 19980 20481 19936 20617 20408 20274 19424 20038 19748 19184 18764 20023 18908 19036 18455 18426 17081 17825 17963 19023 18613 18822 18795 18588 20008 19906 20561 19925 20758 20195 20518 20472 20755 20820 20757 20395 20620 20618 20442 21147 20349 20284 20504 19981 19821 19558 19946 19870 19944 19587 19974 19709 20445 19980 20481 19937 20621 20412 20279 20303 20640 20592 20260 20340 20269 20199 20686 20722 20401 20440 20644 20448 20657 20402 20419 20500 20343 20244 20077 20380 20252 20479 20088 20493 20356 20538 20335 20611 20429 20654 20578 20465 20907 20723 20960 20863 20859 21126 21081 20842 20742 21069 20991 21285 21372 21841 21886 21690 21419 21688 21432 21386 131612 131933 132078 131800 132195 132683 132072 133364 132864 133282 133324 133806 133561 134117 135178 134482 134946 134531 134708 134463 135179 135295 135807 135653 135485 135674 135894 136412 136664 136531 136991 137795 137209 138136 138195 138932 138756 139104 139415 139815 139707 139858 140291 140483 141221 141588 141475 141419 142375 141630 141984 142365 141879 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES PLU S EX T CR RESERVES BASE 21861 21737 23074 22089 21570 21079 19875 21167 20046 20329 19727 20475 19943 20571 19663 20461 21163 21151 20939 19887 20375 19591 20164 19159 20383 20277 20970 20324 20886 20764 21089 20797 19936 21148 20596 21060 20289 20677 21283 21795 20865 20806 21495 21259 21851 21337 22770 22439 22932 21687 22823 22717 22847 20430 21007 21847 20886 19751 20321 18636 18975 17986 17823 16289 17475 17284 18309 17279 18185 18610 18488 19608 18867 19537 18467 19705 18758 19987 19959 20622 20109 20554 20410 20460 19969 19546 20803 19896 19712 19695 19464 19653 19922 19617 19699 20292 19819 19973 19270 20791 20224 20790 19901 21318 21068 21220 20430 21008 21847 20886 19751 20321 18636 18975 17986 17823 16289 17475 17477 18650 17716 18657 19221 19236 20375 19681 20277 19283 20058 19127 20263 20233 20896 20307 20765 20719 20746 20227 19819 21064 20097 19910 19752 19464 19899 19922 19617 19699 20292 19819 19973 19270 20791 20224 20790 19902 21322 21072 21225 21309 21609 22691 21963 21327 20567 19927 20625 20253 19798 19649 20295 19962 20284 19505 20254 20926 20991 20611 19852 20096 19610 19779 19020 20238 20117 20679 19822 20619 20753 20780 20187 19842 20824 20471 20586 20111 20342 21204 21445 20513 20571 21417 21223 21284 20933 22187 22130 21999 21384 22389 22092 22332 133760 133984 134086 132307 130848 131667 130681 132318 130179 131628 131932 132598 131558 132708 135105 134629 134638 133817 135153 134353 134837 134583 135470 135605 135659 135039 136415 138138 138024 137444 136772 138416 137763 138566 137353 138768 138660 138570 138430 138716 139786 140085 140213 139293 141219 142432 142778 142256 143631 143552 144537 145461 144861 TABLE 4 A G GREG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S ----------------------------------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBO RROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES RESERVES PLU S EXT CR BASE 1981 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 21551 21478 21809 21742 21929 21818 21963 21466 22354 21798 22004 21900 22482 21906 22310 22097 22313 22739 22338 22369 22414 22353 22194 22297 22319 22509 22404 22181 22412 22321 22236 22118 22483 22528 22392 22449 22495 22241 22793 22300 22296 22412 22136 22385 22397 22217 22243 22519 22209 22566 22467 22471 20434 20146 20390 19949 20728 20705 20818 19753 21055 21030 21230 21012 21018 21019 21168 21233 20035 20268 20604 20415 19491 20399 19987 20402 20014 20774 20538 20886 20682 20343 21118 20847 21026 20802 20944 20864 21146 20795 21345 21154 21186 21157 20949 21148 21388 21656 21906 22202 21591 22168 21846 21588 20440 20158 20620 19997 20765 20726 20836 19770 21075 21048 21249 21021 21026 21028 21176 21240 20042 20274 20609 20420 19497 20406 19994 20410 20021 20778 20540 20889 20685 20347 21122 20850 21085 20957 21135 21100 21433 21120 21732 21567 21609 21601 21413 21600 21499 21782 22029 22327 21716 22303 22007 21761 21189 21228 21421 21274 21488 21416 21445 21487 21770 21658 21769 21830 21942 21843 21997 22020 22173 22358 22207 22216 22049 22065 21972 21978 21905 22077 21986 22028 22013 21930 21940 21917 22150 22224 22051 22006 22093 21971 22231 22089 21940 22125 21920 22010 21878 22063 21935 22127 21922 22364 22086 22128 141376 141147 141502 141673 141815 142135 142409 142170 143103 142548 142866 142921 143854 143149 144069 144045 144278 144891 144425 144322 144743 144608 144726 144910 145171 145427 145692 145661 145926 146094 145991 146244 146701 146730 146563 146947 146969 146767 147189 146792 147113 147092 147124 147359 147729 147448 147848 148373 148470 148888 149282 149484 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES PLU S EXT CR RESERVES BASE 22569 23071 24026 22922 22600 21505 21871 21086 21821 20945 21615 21514 22152 21025 21888 22650 23018 23316 22024 22089 21823 21702 21073 21883 22110 22608 21932 21896 22813 22496 21919 21375 22340 22299 21980 21666 21929 22274 23151 22026 21780 22856 22369 22482 21918 22479 22484 22872 22098 23213 23221 23394 21452 21739 22607 21129 21399 20392 20726 19373 20522 20177 20841 20626 20688 20138 20746 21786 20740 20845 20290 20135 18900 19748 18866 19988 19805 20873 20066 20601 21083 20518 20801 20104 20883 20573 20532 20081 20580 20828 21703 20880 20670 21601 21182 21245 20909 21918 22147 22555 21480 22815 22600 22511 21458 21751 22837 21177 21436 20413 20744 19390 20542 20195 20860 20635 20696 20147 20754 21793 20747 20851 20295 20140 18906 19755 18873 19996 19812 20877 20068 20604 21086 20522 20805 20107 20942 20728 20723 20317 20867 21153 22090 21293 21093 22045 21646 21697 21020 22044 22270 22680 21605 22950 22761 22684 22207 22821 23638 22454 22159 21103 21353 21107 21237 20805 21380 21444 21612 20962 21575 22573 22878 22935 21893 21936 21458 21414 20851 21564 21696 22176 21514 21743 22414 22105 21623 21174 22007 21995 21639 21223 21527 22004 22589 21815 21424 22569 22153 22107 21399 22325 22176 22480 21811 23011 22840 23051 143727 142844 142929 140402 140659 140827 141570 139433 140916 141089 141653 141101 141926 142852 143867 144093 143229 145331 144480 144225 144064 143830 144777 145115 144800 145306 147729 146840 147204 145825 146510 146978 147328 146076 145514 147443 146612 145845 145849 146790 147168 147218 145826 147166 148552 148803 148696* 149507 150435 151560 152563 152734 TABLE 4 AG G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S --------------------------------------------- S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D MONETARY BASE RESERVES RESERVES PLU S EXT CR RESERVES 1982 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 22719 22252 23018 22532 22958 22314 23007 22106 22643 22332 22524 22365 22507 22145 22150 22474 22479 22685 22230 22495 22087 22671 22118 22398 22294 22577 22399 21867 22217 22213 22255 22231 22470 22297 22463 22761 22642 22646 22702 22837 22531 22986 22962 23299 23092 23510 23231 23648 23276 23652 23457 23918 21267 21254 22067 20063 21107 20652 21099 20204 21081 20886 21062 20713 20851 20665 20815 20821 20656 21186 21113 21529 21041 21623 20814 21469 21280 20961 21329 21308 21623 21665 21576 21862 21988 21688 21956 21813 21312 21836 21949 22231 22166 22470 22510 22841 22370 22768 22764 23026 22839 22949 22911 23228 21460 21448 22262 20262 21319 20877 21326 20426 21369 21192 21363 21024 21175 20944 21049 21069 20883 21400 21305 21708 21203 21755 20929 21573 21376 21054 21416 21378 21656 21689 21596 21926 22111 21806 22072 21929 21428 21954 22073 22354 22283 22580 22689 23037 22560 22956 22950 23211 23025 23138 23100 23419 22097 21908 22490 22360 22477 22170 22439 22103 22130 22025 22187 22095 22040 21873 21832 22303 22196 22245 21971 22055 21991 21999 21969 22166 22074 22049 21898 21683 21950 21902 21961 21905 22151 22037 22101 22096 22322 22396 22417 22326 22069 22725 22643 22757 22750 23112 22907 23152 22962 23098 23227 23155 150031 149275 150070 150210 150663 150156 150890 150106 150702 150565 150717 150566 150772 150986 151606 151576 152051 152322 152447 152826 152997 153880 153696 153896 153758 154091 154461 154157 154202 154531 154828 155166 155720 155603 155807 156463 156541 156735 156786 157391 157414 157674 157941 158413 158455 158544 158608 159252 159202 159925 160078 161104 ----------------------------------------------- N O T TOTAL RESERVES 23744 23444 25349 23854 23845 21987 22884 21761 22167 21503 22088 22081 22229 21443 21578 23036 23095 23293 21949 22263 21657 22161 21117 21879 22119 22586 22049 21375 22613 22410 22044 21523 22260 22055 22081 22053 22052 22673 22974 22656 21849 23359 23223 23421 22629 23662 23435 24020 23188 24105 24283 24792 NONBORROW ED RESERVES 22292 22446 24398 21385 21994 20325 20976 19859 20605 20057 20626 20429 20573 19963 20243 21383 21272 21794 20832 21297 20611 21113 19813 20950 21105 20970 20979 20816 22019 21862 21365 21154 21778 21446 21574 21105 20722 21863 22221 22050 21484 22843 22771 22963 21907 22920 22968 23398 22751 23402 23737 24102 S E A S O N A L L Y A D J U S T E D -------------------------------------------NONBORROW ED RESERVES R E Q U IR E D MONETARY BASE PLU S EXT CR RESERVES 22485 22640 24593 21584 22206 20550 21203 20081 20893 20363 20927 20740 20897 20242 20477 21631 21499 22008 21024 21476 20773 21245 19928 21054 21201 21063 21066 20886 22052 21886 21385 21218 21901 21564 21690 21221 20838 21981 22345 22173 21601 22953 22950 23159 22097 23108 23154 23583 22937 23591 23926 24293 23122 23100 24821 23682 23364 21843 22316 21758 21654 21196 21751 21811 21762 21171 21260 22865 22812 22853 21690 21823 21561 21489 20968 21647 21899 22058 21548 21191 22346 22099 21750 21197 21941 21795 21719 21388 21732 22423 22689 22145 21387 23098 22904 22879 22287 23264 23111 23524 22874 23551 24053 24029 152600 150894 151805 149108 149411 148908 150081 147229 148188 149070 149495 148820 148608 150509 151234 151639 150958 152645 152679 152791 151632 153501 153813 154134 153617 153602 156663 155256 155609 154378 155255 156057 156418 155039 154523 157016 156246 155907 155262 157304 157407 157809 156727 157970 159276 159914 159571 160322 161281 162583 163598 164729 TABLE 4 A G G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S --------------------------------------------- S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES BASE PLU S EXT CR RESERVES RESERVES 1983 JA N 5 JA N 12 JA N 19 JA N 26 FEB 2 FEB 9 FE B 16 FEB 23 MAR 2 MAR 9 MAR 16 MAR 23 MAR 30 APR 6 A PR 13 APR 20 APR 27 MAY 4 MAY 11 MAY 18 MAY 25 JU N 1 JU N 8 JU N 15 JU N 22 JU N 29 JU L 6 JU L 13 JU L 20 JU L 27 AUG 3 AUG 10 AUG 17 AUG 24 AUG 31 SEP 7 S E P 14 SEP 21 SEP 28 OCT 5 OCT 12 OCT 19 OCT 26 NOV 2 NOV 9 NOV 1 6 ' NOV 23 NO V 30 DEC 7 D EC 14 DEC 21 DEC 28 23922 22887 23220 22901 23468 23539 24066 23947 24288 24184 24298 24501 24647 24842 24728 25024 24901 25122 24596 24729 24905 25090 25166 25001 25466 25451 25629 24921 25533 25303 25488 25222 25407 25329 25496 25669 25120 25516 25395 25567 25403 25349 25569 25394 25314 25375 25262 25632 25313 25203 25575 25181 22724 22462 22755 22576 23085 23169 23198 23472 23578 23558 23408 23860 23750 23080 24146 24358 23730 24197 23889 23656 23954 23972 24259 23190 23754 23349 23395 23774 24297 23916 24177 23702 23933 23750 23784 24423 23970 23419 24117 24154 24132 24772 25004 24954 24272 24354 24449 24755 24875 24574 24521 24428 22867 22595 22868 22773 23296 23403 23472 23807 23873 23855 23734 24206 24055 23408 24499 24763 24214 24690 24395 24175 24465 24502 24712 24286 24815 24611 24498 24208 24757 24380 24622 24159 24435 24274 24283 24912 24471 23939 24659 24693 24777 24868 25009 24959 24275 24358 24453 24768 24877 24575 24522 24431 22930 22598 22596 22396 23047 23224 23447 23641 23754 23716 23887 24169 24183 24210 24165 24805 24442 24520 24188 24351 24455 24614 24542 24651 25057 24966 24775 24425 25207 24931 24926 24828 24959 24928 25003 24912 24716 25171 24946 24945 24674 25008 25115 25020 24734 24730 24963 24996 24808 24716 24930 24745 161265 160676 160885 161160 161968 162471 163211 163456 164171 164638 164790 165082 165780 166234 166360 166387 166870 167246 167288 167542 168241 168772 169175 169164 169479 169739 170112 169671 169996 170318 170856 170913 171206 171244 171618 172270 172112 172577 172583 172768 173377 173436 174234 173987 174365 174462 174622 175146 174989 175060 175484 175792 ------------------------------------------------N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES RESERVES PLU S EXT CR BASE 24971 23869 25458 24247 24516 23299 23917 23669 23880 23380 23765 24245 24374 24239 24050 25537 25418 25744 24355 24518 24564 24683 24211 24337 25312 25381 25323 24228 25918 25515 25333 24522 25101 25051 25122 25003 24435 25520 25557 25436 24655 25566 25866 25542 24921 25395 25477 25987 25347 25504 26414 25965 23773 23444 24993 23922 24133 22929 23049 23194 23170 22754 22875 23604 23477 22477 23468 24871 24247 24819 23648 23445 23613 23565 23304 22526 23600 23279 23089 23081 24682 24128 24022 23002 23627 23472 23410 23757 23285 23423 24279 24023 23384 24989 25301 25102 23879 24374 24664 25110 24909 24875 25360 25212 23916 23577 25106 24119 24344 23163 23323 23529 23465 23051 23201 23950 23782 22805 23821 25276 24731 25312 24154 23964 24124 24095 23757 23622 24661 24541 24192 23515 25142 24592 24467 23459 24129 23996 23909 24246 23786 23943 24821 24562 24029 25085 25306 25107 23882 24378 24668 25123 24911 24876 25361 25215 23979 23580 24834 23742 24095 22984 23298 23363 23346 22912 23354 23913 23910 23607 23487 25318 24959 25142 23947 24140 24114 24207 23587 23987 24903 24896 24469 23732 25592 25143 24771 24128 24653 24650 24629 24246 24031 25175 25108 24814 23926 25225 25412 25168 24341 24750 25178 25351 24842 25017 25769 25529 164155 162451 162827 160351 160530 161217 161654 161224 161197 163041 163305 163372 163342 165633 165820 166499 165749 167357 167647 167512 166936 168187 169302 169221 169620 168976 172401 170845 171692 170379 171176 171911 171914 170905 170180 172815 171703 171862 170905 172396 173376 173704 173217 173190 175155 175807 175887 176240 177170 177698 179304 179860 TABLE 4 A G GREG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR C HA N GES I N R E S E R V E R E Q U IR E M E N T S --------------------------------------------- S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES BASE RESERVES PLU S EX T CR 1984 JA N JA N JA N JA N FEB FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY jx m JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 29 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 25825 25382 25309 25576 25303 26146 26146 25571 25571 25784 25784 25915 25915 25528 25528 25932 25932 25801 25801 26078 26078 25823 25823 26322 26322 26519 26519 26077 26077 26046 26046 26109 26109 26076 26076 26028 26028 26004 26004 26416 26416 26024 26024 26147 26147 26381 26381 26685 26685 26424 26424 27425 24534 24819 24528 25071 24626 25590 25590 25000 25000 25094 25094 24779 24779 24215 24215 24700 24700 24737 24737 21898 21898 22753 22753 23357 23357 22610 22610 20720 20720 18892 18892 18122 18122 17930 17930 18273 18273 18894 18894 20251 20251 19791 19791 20775 20775 21905 21905 22435 22435 23193 23193 24734 24539 24821 24532 25077 24629 25593 25593 25007 25007 25116 25116 24810 24810 24251 24251 24744 24744 24798 24798 21932 21932 22769 22769 25331 25331 25456 25456 25334 25334 24990 24990 25098 25098 25114 25114 25274 25274 25263 25263 25398 25398 25221 25221 24958 24958 25793 25793 25923 25923 25967 25967 26772 24867 24700 24834 24996 24800 24971 24971 24882 24882 25050 25050 25220 25220 25182 25182 25363 25363 25222 25222 25470 25470 25326 25326 25638 25638 25469 25469 25597 25597 25386 25386 25402 25402 25405 25405 25377 25377 25473 25473 25504 25504 25588 25588 25686 25686 25767 25767 25642 25642 25909 25909 26253 176733 176571 176493 177185 177518 178129 178129 177455 177455 178571 178571 179239 179239 179612 179612 180111 180111 180856 180856 181009 181009 181022 181022 182147 182147 182938 182938 182652 182652 183177 183177 183484 183484 184007 184007 184405 184405 184646 184646 185489 185489 185106 185106 185446 185446 186049 186049 186634 186634 186661 186661 188161 ------------------------------------------------N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D MONETARY RESERVES BASE RESERVES PLU S EX T CR RESERVES 26907 26335 27621 27201 26498 25862 25862 24864 24864 25580 25580 25243 25243 25845 25845 26618 26618 25555 25555 25554 25554 25285 25285 26585 26585 26206 26206 26568 26568 25474 25474 26229 26229 25494 25494 26182 26182 25805 25805 26260 26260 25947 25947 25859 25859 26665 26665 26824 26824 27192 27192 28544 25616 25772 26840 26696 25821 25306 25306 24293 24293 24891 24891 24107 24107 24531 24531 25386 25386 24491 24491 21374 21374 22216 22216 23621 23621 22297 22297 21210 21210 18319 18319 18242 18242 17348 17348 18427 18427 18696 18696 20095 20095 19714 19714 20486 20486 22190 22190 22573 22573 23961 23961 25854 25621 25774 26844 26702 25824 25309 25309 24300 24300 24912 24912 24138 24138 24568 24568 25430 25430 24552 24552 21408 21408 22231 22231 25594 25594 25142 25142 25824 25824 24417 24417 25217 25217 24532 24532 25428 25428 25064 25064 25242 25242 25144 25144 24670 24670 26078 26078 26061 26061 26735 26735 27891 25949 25653 27146 26621 25995 24687 24687 24174 24174 24847 24847 24548 24548 25498 25498 26050 26050 24976 24976 24946 24946 24789 24789 25902 25902 25155 25155 26088 26088 24814 24814 25522 25522 24823 24823 25530 25530 25274 25274 25348 25348 25511 25511 25397 25397 26052 26052 25780 25780 26677 26677 27372 179832 178683 178831 176922 175773 176316 176316 174651 174651 177004 177004 176688 176688 178991 178991 179984 179984 180020 180020 180275 180275 180656 180656 183253 183253 182833 182833 185323 185323 182994 182994 185183 185183 183556 183556 185277 185277 183835 183835 184823 184823 184785 184785 184333 184333 187160 187160 187362 187362 189524 189524 191856 TABLE 4 A G G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR C HA N GES I N R E S E R V E R E Q U IR E M E N T S - ........................... ...................... S E A S O N A L L Y A D J U S T E D ....................................................................................................................... - - N O T S E A S O N A L L Y A D J U S T E D ................................................... NONNONNONBO RROW ED NONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES BASE RESERVES RESERVES PLU S EXT CR RESERVES PLU S EXT CR BASE RESERVES RESERVES 1985 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 27425 26941 26941 27261 27261 27620 27620 27563 27563 27437 27437 27678 27678 27749 27749 28076 28076 27847 27847 28254 28254 28461 28461 28806 28806 29481 29481 28994 28994 29457 29457 29466 29466 29955 29955 29876 29876 29901 29901 30530 30530 30309 30309 30428 30428 30587 30587 31266 31266 31138 31138 31866 24734 25310 25310 26285 26285 26252 26252 26389 26389 25572 25572 26389 26389 25974 25974 26918 26918 26894 26894 26820 26820 26944 26944 27683 27683 28314 28314 27711 27711 28540 28540 28476 28476 28867 28867 28485 28485 28730 28730 29136 29136 29191 29191 29353 29353 29409 29409 28339 28339 30297 30297 30529 26772 26681 26681 26878 26878 27239 27239 26992 26992 26796 26796 27227 27227 27268 27268 27684 27684 27289 27289 27189 27189 27857 27857 28295 28295 28934 28934 28194 28194 29046 29046 28985 28985 29477 29477 29153 29153 29386 29386 29762 29762 29840 29840 29951 29951 29931 29931 28841 28841 30821 30821 31000 26253 26328 26328 26539 26539 26665 26665 26768 26768 26785 26785 26968 26968 27136 27136 27191 27191 27178 27178 27494 27494 27647 27647 28019 28019 28354 28354 28345 28345 28527 28527 28755 28755 28993 28993 29178 29178 29251 29251 29909 29909 29534 29534 29639 29639 29711 29711 30219 30219 30323 30323 30592 188161 187796 187796 188631 188631 189472 189472 189789 189789 190146 190146 190313 190313 190928 190928 191830 191830 191746 191746 192858 192858 193560 193560 194515 194515 195765 195765 195877 195877 196674 196674 197419 197419 198535 198535 198964 198964 199169 199169 200093 200093 200824 200824 201287 201287 201790 201790 202756 202756 203202 203202 204120 28544 28564 28564 27040 27040 27297 27297 26835 26835 27169 27169 26981 26981 27899 27899 28898 28898 27614 27614 27780 27780 27725 27725 29180 29180 29040 29040 29614 29614 28852 28852 29549 29549 29367 29367 29921 29921 29778 29778 30259 30259 30275 30275 30018 30018 30922 30922 31426 31426 32003 32003 33054 25854 26933 26933 26065 26065 25928 25928 25661 25661 25305 25305 25692 25692 26124 26124 27740 27740 26661 26661 26347 26347 26208 26208 28057 28057 27874 27874 28330 28330 27935 27935 28560 28560 28279 28279 28529 28529 28607 28607 28865 28865 29157 29157 28943 28943 29744 29744 28498 28498 31162 31162 31717 27891 28304 28304 26657 26657 26916 26916 26263 26263 26529 26529 26530 26530 27418 27418 28506 28506 27057 27057 26715 26715 27121 27121 28669 28669 28494 28494 28813 28813 28441 28441 29068 29068 28889 28889 29198 29198 29263 29263 29491 29491 29805 29805 29541 29541 30265 30265 29001 29001 31686 31686 32188 27372 27951 27951 26318 26318 26342 26342 26039 26039 26517 26517 26271 26271 27286 27286 28014 28014 26945 26945 27020 27020 26911 26911 28393 28393 27913 27913 28964 28964 27922 27922 28838 28838 28405 28405 29222 29222 29128 29128 29638 29638 29500 29500 29230 29230 30046 30046 30378 30378 31188 31188 31781 191856 190345 190345 186372 186372 187319 187319 186951 186951 188322 188322 188007 188007 190157 190157 191649 191649 190549 190549 192440 192440 192890 192890 196195 196195 195550 195550 198949 198949 196658 196658 198943 198943 198132 198132 199494 199494 198667 198667 199152 199152 200650 200650 199758 199758 202873 202873 203628 203628 206041 206041 208047 TABLE 4 A G G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ■ .................................................... S E A S O N A L L Y A D J U S T E D ............................................................................................................................. N O T NONNONBORROW ED NONTOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY TOTAL BORROW ED RESERVES PLU S EXT CR RESERVES BASE RESERVES RESERVES RESERVES 1986 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 31866 31920 31920 31419 31419 31610 31610 31662 31662 31828 31828 32199 32199 32162 32162 32529 32529 32998 32998 33162 33162 33755 33755 33807 33807 34565 34565 34453 34453 35123 35123 34951 34951 35569 35569 35749 35749 35497 35497 35853 35853 36186 36186 36514 36514 37038 37038 37685 37685 37877 37877 40293 40293 30529 31307 31307 30517 30517 30949 30949 30563 30563 31124 31124 31430 31430 31289 31289 31668 31668 32017 32017 32335 32335 32884 32884 33089 33089 33686 33686 33695 33695 34421 34421 34193 34193 34659 34659 34638 34638 34516 34516 34952 34952 35415 35415 35616 35616 36227 36227 37075 37075 37364 37364 39107 39107 31000 31777 31777 31045 31045 31428 31428 31068 31068 31598 31598 31964 31964 31865 31865 32339 32339 32654 32654 32906 32906 33449 33449 33614 33614 34211 34211 34137 34137 34714 34714 34566 34566 35173 35173 35230 35230 35085 35085 35490 35490 35903 35903 36092 36092 36664 36664 37443 37443 37674 37674 39388 39388 30592 30633 30633 30483 30483 30440 30440 30642 30642 30864 30864 31282 31282 31595 31595 31722 31722 32099 32099 32447 32447 32752 32752 33191 33191 33333 33333 33800 33800 34064 34064 34405 34405 34693 34693 34960 34960 34838 34838 35257 35257 35442 35442 35756 35756 36197 36197 36562 36562 37144 37144 38234 38234 204120 204225 204225 204335 204335 204897 204897 205596 205596 206160 206160 207274 207274 207577 207577 208176 208176 209025 209025 210040 210040 211023 211023 211398 211398 212610 212610 213176 213176 214175 214175 214620 214620 215701 215701 216703 216703 216583 216583 217532 217532 218625 218625 219383 219383 220265 220265 221472 221472 222392 222392 225201 225201 33054 33940 33940 31294 31294 31198 31198 30851 30851 31464 31464 31430 31430 32215 32215 33490 33490 32800 32800 32649 32649 32851 32851 34249 34249 33949 33949 35256 35256 34477 34477 34967 34967 34940 34940 35656 35656 35494 35494 35447 35447 36193 36193 35966 35966 37473 37473 37872 37872 38881 38881 41606 41606 31717 33327 33327 30391 30391 30536 30536 29752 29752 30760 30760 30661 30661 31342 31342 32630 32630 31819 31819 31822 31822 31980 31980 33530 33530 33070 33070 34498 34498 33775 33775 34209 34209 34030 34030 34545 34545 34513 34513 34545 34545 35422 35422 35067 35067 36663 36663 37262 37262 38368 38368 40420 40420 S E A S O N A L L Y A D J U S T E D .........................- ...................... NONBORROW ED RESERVES R E Q U IR E D M ONETARY PLU S EXT CR RESERVES BASE 32188 33797 33797 30920 30920 31016 31016 30257 30257 31235 31235 31195 31195 31918 31918 33300 33300 32456 32456 32393 32393 32546 32546 34056 34056 33595 33595 34940 34940 34069 34069 34582 34582 34544 34544 35137 35137 35082 35082 35083 35083 35910 35910 35543 35543 37099 37099 37630 37630 38678 38678 40702 40702 31781 32653 32653 30357 30357 30028 30028 29831 29831 30500 30500 30514 30514 31648 31648 32684 32684 31901 31901 31935 31935 31849 31849 33632 33632 32717 32717 34603 34603 33418 33418 34421 34421 34064 34064 34868 34868 34836 34836 34850 34850 35450 35450 35207 35207 36633 36633 36749 36749 38148 38148 39547 39547 208047 207363 207363 202491 202491 202616 202616 202762 202762 204068 204068 204876 204876 206628 206628 208519 208519 207840 207840 209597 209597 210053 210053 213375 213375 212319 212319 216626 216626 214258 214258 216068 216068 215498 215498 216953 216953 216188 216188 216069 216069 218563 218563 217503 217503 221616 221616 222318 222318 225170 225170 229743 229743 TABLE 4 AG G REG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ----------------------------------------------S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES PLU S EXT CR RESERVES BASE RESERVES 1987 JA N 7 J A N 14 JA N 21 JA N 28 FEB 4 FEB 11 F E B 18 FEB 25 MAR 4 MAR 11 MAR 18 MAR 25 APR 1 APR 8 A PR 15 APR 22 APR 29 MAY 6 M AY 13 MAY 20 MAY 27 JU N 3 JU N 10 JU N 17 JU N 24 JU L 1 JU L 8 JU L 15 JU L 22 JU L 29 AUG 5 AUG 12 AUG 19 AUG 26 SEP 2 SEP 9 SEP 16 SEP 23 S EP 30 OCT 7 O CT 14 OCT 21 OCT 28 NOV 4 NOV 11 NO V 18 NOV 25 DEC 2 DEC 9 DEC 16 DEC 23 D EC 30 39635 39635 39227 39227 39351 39351 38823 38823 38715 38715 38888 38888 38867 38867 39852 39852 40192 40192 39820 39820 40066 40066 39209 39209 39992 39992 38962 38962 39430 39430 39126 39126 39573 39573 39570 39570 38894 38894 39395 39395 39406 39406 40680 40680 38955 38955 39145 39145 38983 38983 38663 38663 39131 39131 38538 38538 38927 38927 38143 38143 38250 38250 38360 38360 38226 38226 38896 38896 38782 38782 38990 38990 38973 38973 38574 38574 39136 39136 38267 38267 38778 38778 38562 38562 38854 38854 38923 38923 37893 37893 38200 38200 38399 38399 40003 40003 38394 38394 38462 38462 38169 38169 37993 37993 39345 39345 38765 38765 39192 39192 38442 38442 38525 38525 38623 38623 38474 38474 39163 39163 39081 39081 39266 39266 39270 39270 38828 38828 39425 39425 38527 38527 38911 38911 38682 38682 38982 38982 39096 39096 38424 38424 38668 38668 38881 38881 40393 40393 38728 38728 38927 38927 38822 38822 38309 38309 38758 38758 38014 38014 37915 37915 37760 37760 37762 37762 37906 37906 38178 38178 39031 39031 39141 39141 38787 38787 38926 38926 38363 38363 38362 38362 38460 38460 38384 38384 38286 38286 38416 38416 38367 38367 38379 38379 38595 38595 38459 38459 39104 39104 38427 38427 37912 37912 37766 37766 37835 37835 225201 225201 225550 225550 226549 226549 226565 226565 226673 226673 227123 227123 227458 227458 229336 229336 230186 230186 230222 230222 231140 231140 230826 230826 232180 232180 231636 231636 232407 232407 232743 232743 233923 233923 234297 234297 234669 2346^ 9 235631 235631 236319 236319 238932 238932 238096 238096 239066 239066 239670 239670 239878 239878 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY PLU S EX T CR RESERVES RESERVES RESERVES BASE 42305 42305 39270 39270 38789 38789 37863 37863 38178 38178 38066 38066 38741 38741 41087 41087 40045 40045 39277 39277 38915 38915 39699 39699 39226 39226 39864 39864 38804 38804 39049 39049 38982 38982 39294 39294 39083 39083 38821 38821 39519 39519 40038 40038 39432 39432 39253 39253 39983 39983 39867 39867 41800 41800 38581 38581 38364 38364 37183 37183 37712 37712 37538 37538 38100 38100 40131 40131 38635 38635 38447 38447 37822 37822 39064 39064 38371 38371 39169 39169 38152 38152 38485 38485 38263 38263 38647 38647 38082 38082 37626 37626 38512 38512 39361 39361 38872 38872 38571 38571 39168 39168 39196 39196 42015 42015 38808 38808 38629 38629 37482 37482 37987 37987 37801 37801 38348 38348 40398 40398 38934 38934 38723 38723 38119 38119 39318 39318 38659 38659 39429 39429 38285 38285 38604 38604 38391 38391 38820 38820 38612 38612 38094 38094 38994 38994 39751 39751 39206 39206 39036 39036 39821 39821 39512 39512 41428 41428 38057 38057 37352 37352 36800 36800 37225 37225 37084 37084 38052 38052 40265 40265 38994 38994 38244 38244 37775 37775 38853 38853 37597 37597 39362 39362 37758 37758 38209 38209 37825 37825 38090 38090 38567 38567 38021 38021 38572 38572 38462 38462 38905 38905 38020 38020 38765 38765 39038 39038 229025 229025 224115 224115 224021 224021 223742 223742 224438 224438 225018 225018 226110 226110 230348 230348 228900 228900 230067 230067 230001 230001 232853 232853 231747 231747 235310 235310 232862 232862 234178 234178 234009 234009 234339 234339 234441 234441 233565 233565 236179 236179 236713 236713 239469 239469 239664* 239664 242288 242288 244554 244554 TABLE 4 A G GREG ATE R E S E R V E S OF D E P O S IT O R Y IN S T IT U T IO N S A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBO RROW ED BORROW ED RESERVES R E Q U IR E D M ONETARY BASE RESERVES PLU S EX T CR RESERVES 39514 39514 39803 39803 39692 39692 39378 39378 38885 38885 39339 39339 39518 39518 39695 39695 40245 40245 39961 39961 40117 40117 40011 40011 40767 40767 40661 40661 41053 41053 40594 40594 40587 40587 40667 40667 40211 40211 40406 40406 40268 40268 40327 40327 40899 40899 40030 40030 40443 40443 40341 40341 37570 37570 39296 39296 39405 39405 38954 38954 38348 38348 37415 37415 36701 36701 36076 36076 38021 38021 37786 37786 36997 36997 36547 36547 38110 38110 37005 37005 37785 37785 37255 37255 37343 37343 37574 37574 37240 37240 37968 37968 38064 38064 37974 37974 37666 37666 37468 37468 38429 38429 38995 38995 38055 38055 39628 39628 39549 39549 39185 39185 38603 38603 39100 39100 39195 39195 39354 39354 39808 39808 39583 39583 39535 39535 39533 39533 40248 40248 39344 39344 40448 40448 40003 40003 40013 40013 40056 40056 39315 39315 39672 39672 39745 39745 39905 39905 40503 40503 39331 39331 39958 39958 39962 39962 38190 38190 38519 38519 38396 38396 38267 38267 37931 37931 38445 38445 38606 38606 39008 39008 39160 39160 39039 39039 38930 38930 39319 39319 39687 39687 39780 39780 39846 39846 39793 39793 39610 39610 39472 39472 39370 39370 39310 39310 39315 39315 39150 39150 39258 39258 39378 39378 39460 39460 39255 39255 241502 241502 242066 242066 242713 242713 242972 242972 242644 242644 244080 244080 244874 244874 245982 245982 246946 246946 247345 247345 248078 248078 248683 248683 250100 250100 250863 250863 251684 251684 251908 251908 252389 252389 253002 253002 253360 253360 253962 253962 254468 254468 254913 254913 256005 256005 255815 255815 256608 256608 257000 257000 ----------------------------------------------- N O T NONNONTOTAL BO RROW ED RESERVES RESERVES 42132 42132 40062 40062 39084 39084 38486 38486 38260 38260 38641 38641 39130 39130 41012 41012 40249 40249 39469 39469 38802 38802 40493 40493 40038 40038 41466 41466 40558 40558 40368 40368 40182 40182 40149 40149 40655 40655 39601 39601 40573 40573 39636 39636 41330 41330 40028 40028 41437 41437 41518 41518 40187 40187 39555 39555 38797 38797 38061 38061 37723 37723 36717 36717 36313 36313 37393 37393 38025 38025 37294 37294 35682 35682 37029 37029 37381 37381 37810 37810 37290 37290 37029 37029 36938 36938 37056 37056 37685 37685 37163 37163 38369 38369 37283 37283 38097 38097 37466 37466 39424 39424 40171 40171 SEASO N ALLY A D JU S T E D BORROW ED RESERVES PLU S EX T CR 40672 40672 39887 39887 38941 38941 38293 38293 37977 37977 38402 38402 38807 38807 40671 40671 39811 39811 39091 39091 38220 38220 40015 40015 39519 39519 40150 40150 39953 39953 39777 39777 39608 39608 39538 39538 39760 39760 38867 38867 40050 40050 39214 39214 40934 40934 39329 39329 40952 40952 41139 41139 R E Q U IR E D RESERVES 40808 40808 38778 38778 37788 37788 37374 37374 37306 37306 37747 37747 38218 38218 40325 40325 39163 39163 38547 38547 37616 37616 39802 39802 38958 38958 40585 40585 39351 39351 39568 39568 39204 39204 38954 38954 39814 39814 38505 38505 39620 39620 38459 38459 39688 39688 39375 39375 40455 40455 40431 40431 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS TOTAL RESERVES 1989 JA N 4 JA N 11 JA N 18 JA N 25 FEB 1 FEB 8 F E B 15 FEB 22 MAR 1 MAR 8 MAR 15 MAR 22 MAR 2 9 APR 5 A P R 12 APR 19 APR 26 MAY 3 M AY 10 MAY 17 MAY 24 MAY 31 JU N 7 JU N 14 JU N 21 JU N 28 JU L 5 JU L 12 JU L 19 JU L 26 AUG 2 AUG 9 AUG 16 AUG 23 AUG 30 SEP 6 S E P 13 SEP 20 SEP 27 OCT 4 OCT 11 O CT 18 OCT 25 NOV 1 NOV 8 NO V 15 NOV 22 NOV 29 DEC 6 DEC 13 DEC 20 DEC 27 40575 40575 40331 40331 40793 40793 39980 39980 40151 40151 39505 39505 40210 40210 39013 39013 40461 40461 39203 39203 39270 39270 39076 39076 39178 39178 39589 39589 39618 39618 39273 39273 39535 39535 39405 39405 39706 39706 39747 39747 39952 39952 40120 40120 40020 40020 40244 40244 40100 40100 40782 40782 S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBO RROW ED BO RROW ED R E Q U IR E D M ONETARY RESERVES RESERVES PLU S EXT CR RESERVES BASE 38527 38527 38804 38804 39523 39523 38504 38504 38351 38351 37919 37919 38034 38034 36431 36431 38493 38493 37465 37465 37622 37622 36950 36950 38213 38213 38872 38872 38937 38937 38597 38597 38782 38782 38867 38867 39092 39092 38849 38849 39299 39299 39775 39775 39748 39748 39803 39803 39949 39949 40431 40431 39734 39734 39832 39832 40315 40315 39615 39615 39601 39601 39083 39083 39709 39709 38401 38401 39880 39880 38671 38671 38770 38770 38607 38607 38499 38499 39018 39018 39027 39027 38652 38652 38826 38826 38889 38889 39113 39113 38874 38874 39318 39318 39797 39797 39767 39767 39826 39826 39971 39971 40449 40449 39405 39405 39364 39364 39256 39256 38962 38962 39270 39270 38843 38843 38903 38903 38781 38781 39172 39172 38344 38344 38112 38112 38178 38178 38276 38276 38599 38599 38583 38583 38558 38558 38585 38585 38445 38445 38819 38819 38752 38752 39025 39025 38992 38992 39139 39139 39235 39235 39341 39341 39763 39763 258006 258006 258034 258034 258416 258416 257993 257993 258770 258770 258836 258836 259904 259904 258825 258825 260794 260794 260091 260091 260584 260584 260908 260908 261348 261348 262147 262147 262548 262548 262604 262604 263069 263069 263187 263187 263780 263780 264134 264134 264532 264532 265113 265113 265242 265242 266101 266101 266635 266635 268324 268324 ------------------------------------------------N O T NONNONTOTAL BORROW ED RESERVES RESERVES 43218 43218 40949 40949 40117 40117 39199 39199 39415 39415 38956 38956 39509 39509 40367 40367 40664 40664 38746 38746 37905 37905 39443 39443 38614 38614 40219 40219 39259 39259 38926 38926 39316 39316 38754 38754 40283 40283 38848 38848 40351 40351 39414 39414 40380 40380 40250 40250 41002 41002 41996 41996 41170 41170 39422 39422 38847 38847 37722 37722 37615 37615 37370 37370 37332 37332 37785 37785 38696 38696 37008 37008 36256 36256 37317 37317 37649 37649 39503 39503 38578 38578 38250 38250 38563 38563 38216 38216 39670 39670 37950 37950 39698 39698 39069 39069 40108 40108 39809 39809 40851 40851 41645 41645 SEASO N ALLY A D JU S T ED BORROW ED RESERVES PLU S EXT CR 42377 42377 40450 40450 39639 39639 38833 38833 38865 38865 38534 38534 39007 39007 39754 39754 40083 40083 38214 38214 37404 37404 38974 38974 37936 37936 39649 39649 38668 38668 38305 38305 38607 38607 38238 38238 39690 39690 37975 37975 39717 39717 39092 39092 40127 40127 39832 39832 40873 40873 41663 41663 R E Q U IR E D RESERVES 42049 42049 39983 39983 38580 38580 38181 38181 38534 38534 38295 38295 38201 38201 40135 40135 39375 39375 37887 37887 36746 36746 38545 38545 37712 37712 39229 39229 38224 38224 38211 38211 38366 38366 37794 37794 39396 39396 37853 37853 39424 39424 38286 38286 39499 39499 39241 39241 40243 40243 40977 40977 MONETARY BASE 262254 262254 257603 257603 255269 255269 255800 255800 256009 256009 257306 257306 257833 257833 260486 260486 259560 259560 260162 260162 259150 259150 262635 262635 261246 261246 265112 265112 263434 263434 263147 263147 263758 263758 262160 262160 264085 264085 260975 260975 264827 264827 262522 262522 265779 265779 266501 266501 268612 268612 272830 272830 TABLE 4 AGGREGATE RESERVES OP DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ----- SEASONALLY ADJUSTED--------------------NONNONBORROWED TOTAL RESERVES 1990 JA N JA N JA N JA N JA N PEB PEB FEB PEB MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 40874 40874 40563 40563 40820 40820 40596 40596 40739 40739 40558 40558 41029 41029 40898 40898 41182 41182 40600 40600 40771 40771 40348 40348 41055 41055 40804 40804 40539 40539 40637 40637 41063 41063 40757 40757 40856 40856 41386 41386 40845 40845 40249 40249 40856 40856 41032 41032 40268 40268 42228 42228 BO RROW ED RESERVES 40535 40535 40263 40263 39955 39955 39116 39116 38772 38772 38380 38380 38872 38872 39016 39016 40027 40027 39625 39625 39049 39049 39058 39058 40489 40489 40224 40224 39707 39707 39729 39729 39940 39940 40119 40119 40151 40151 40870 40870 40444 40444 39852 39852 40574 40574 40839 40839 40138 40138 41724 41724 RESERVES PLU S EXT CR 40554 40554 40290 40290 39988 39988 39248 39248 40613 40613 40375 40375 40837 40837 40692 40692 40925 40925 40297 40297 40146 40146 39617 39617 40672 40672 40405 40405 40005 40005 40148 40148 39978 39978 40126 40126 40155 40155 40879 40879 40457 40457 39877 39877 40599 40599 40864 40864 40162 40162 41746 41746 R E Q U IR E D RESERVES 39756 39756 39721 39721 39599 39599 39627 39627 39942 39942 39820 39820 39950 39950 40232 40232 40076 40076 39673 39673 39759 39759 39869 39869 40035 40035 39907 39907 39662 39662 39873 39873 40153 40153 39864 39864 40109 40109 40263 40263 39861 39861 39599 39599 39873 39873 40066 40066 39708 39708 40306 40306 MONETARY BASE 269156 269156 269698 269698 270525 270525 270925 270925 271993 271993 272762 272762 274247 274247 274905 274905 276053 276053 276072 276072 277440 277440 278009 278009 279755 279755 280308 280308 281209 281209 282279 282279 284105 284105 285522 285522 286721 286721 288484 288484 288774 288774 289422 289422 290549 290549 291371 291371 291093 291093 293964 293964 ------------------- NOT SEASONALLY ADJUSTED NONNONBORROWED TOTAL RESERVES 43502 43502 41330 41330 40125 40125 39884 39884 39920 39920 40091 40091 40167 40167 42315 42315 41445 41445 40172 40172 39388 39388 40601 40601 40596 40596 41328 41328 40247 40247 40201 40201 40961 40961 39955 39955 41542 41542 40449 40449 41265 41265 39508 39508 41186 41186 41096 41096 41101 41101 43436 43436 BORROW ED RESERVES 43163 43163 41030 41030 39260 39260 38404 38404 37953 37953 37913 37913 38010 38010 40433 40433 40290 40290 39197 39197 37665 37665 39311 39311 40030 40030 40748 40748 39415 39415 39293 39293 39838 39838 39317 39317 40837 40837 39933 39933 40864 40864 39111 39111 40904 40904 40903 40903 40971 40971 42932 42932 RESERVES PLU S EX T CR 43182 43182 41057 41057 39293 39293 38537 38537 39794 39794 39908 39908 39975 39975 42109 42109 41188 41188 39869 39869 38763 38763 39870 39870 40213 40213 40929 40929 39713 39713 39712 39712 39876 39876 39324 39324 40842 40842 39942 39942 40877 40877 39136 39136 40929 40929 40928 40928 40996 40996 42954 42954 R E Q U IR E D RESERVES 42384 42384 40488 40488 38904 38904 38915 38915 39124 39124 39353 39353 39088 39088 41649 41649 40338 40338 39246 39246 38376 38376 40122 40122 39576 39576 40431 40431 39370 39370 39436 39436 40051 40051 39062 39062 40796 40796 39326 39326 40281 40281 38858 38858 40203 40203 40130 40130 40541 40541 41514 41514 M ONETARY BASE 273745 273745 269696 269696 267362 267362 269100 269100 369357 269357 271617 271617 271807 271807 277105 277105 274794 274794 276252 276252 276051 276051 279552 279552 279677 279677 283015 283015 282265 282265 282583 282583 285160 285160 284334 284334 287587 287587 285312 285312 289193 289193 286775 286775 290888 290888 291782 291782 292686 292686 298187 298187 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS --------------------------------------------- S E A S O N A L L Y A D J U S T E D -------------------------------------------------------------- ------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D ............................................... NONNONNONBORROW ED NONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY TOTAL BORROW ED RESERVES R E Q U IR E D M ONETARY RESERVES RESERVES RESERVES PLU S EXT CR BASE RESERVES PLU S EX T CR RESERVES RESERVES BASE 1991 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 44155 44155 40834 40834 42719 42719 42099 42099 41629 41629 41652 41652 42568 42568 41897 41897 41978 41978 42299 42299 42514 42514 42340 42340 43132 43132 43046 43046 42915 42915 43128 43128 43221 43221 43640 43640 43387 43387 43429 43429 43553 43553 44253 44253 44348 44348 44698 44698 45061 45061 45818 45818 43860 43860 39950 39950 42529 42529 41920 41920 41203 41203 41467 41467 42356 42356 41673 41673 41734 41734 41985 41985 42215 42215 42057 42057 42818 42818 42446 42446 42446 42446 42237 42237 42542 42542 42846 42846 42560 42560 43046 43046 43263 43263 44028 44028 44235 44235 44596 44596 44952 44952 45702 45702 43882 43882 39978 39978 42558 42558 41947 41947 41253 41253 41514 41514 42418 42418 41749 41749 41836 41836 42113 42113 42274 42274 42066 42066 42826 42826 42451 42451 42450 42450 42425 42425 42823 42823 43251 43251 43055 43055 43087 43087 43270 43270 44042 44042 44236 44236 44597 44597 44952 44952 45703 45703 40562 40562 39896 39896 39997 39997 40347 40347 40408 40408 40645 40645 41193 41193 41096 41096 40779 40779 41329 41329 41393 41393 41609 41609 41850 41850 42164 42164 41974 41974 42259 42259 42160 42160 42367 42367 42655 42655 42385 42385 42537 42537 43086 43086 43435 43435 43764 43764 44456 44456 44615 44615 296934 296934 296895 296895 300571 300571 300635 300635 301556 301556 302381 302381 303776 303776 302882 302882 303293 303293 303532 303532 304541 304541 304557 304557 306069 306069 306813 306813 307151 307151 308213 308213 308926 308926 310207 310207 309917 309917 311009 311009 311742 311742 313405 313405 314457 314457 315224 315224 316572 316572 318197 318197 46759 46759 41769 41769 42017 42017 41461 41461 40672 40672 41282 41282 41592 41592 43260 43260 42316 42316 41934 41934 41139 41139 42477 42477 42765 42765 43420 43420 42734 42734 42567 42567 43195 43195 42674 42674 44141 44141 42475 42475 43947 43947 43485 43485 44673 44673 44798 44798 45973 45973 47102 47102 46464 46464 40885 40885 41827 41827 41282 41282 40246 40246 41098 41098 41380 41380 43037 43037 42072 42072 41620 41620 40840 40840 42194 42194 42451 42451 42819 42819 42266 42266 41675 41675 42516 42516 41879 41879 43313 43313 42092 42092 43657 43657 43261 43261 44559 44559 44695 44695 45864 45864 46986 46986 46486 46486 40913 40913 41856 41856 41308 41308 40296 40296 41145 41145 41442 41442 43112 43112 42175 42175 41748 41748 40898 40898 42203 42203 42458 42458 42824 42824 42269 42269 41863 41863 42797 42797 42285 42285 43809 43809 42133 42133 43663 43663 43274 43274 44561 44561 44697 44697 45864 45864 46987 46987 43166 43166 40831 40831 39295 39295 39709 39709 39451 39451 40275 40275 40217 40217 42459 42459 41118 41118 40964 40964 40018 40018 41746 41746 41483 41483 42538 42538 41793 41793 41697 41697 42135 42135 41401 41401 43409 43409 41431 41431 42931 42931 42318 42318 43759 43759 43863 43863 45368 45368 45899 45899 302068 302068 297235 297235 297279 297279 299218 299218 298713 298713 301611 301611 301445 301445 304872 304872 302179 302179 303904 303904 303300 303300 305920 305920 306258 306258 309243 309243 308429 308429 308057 308057 310111 310111 308679 308679 311298 311298 308131 308131 312279 312279 310955 310955 314660 314660 314794 314794 318890 318890 321716 321716 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ............... - - S E A S O N A L L Y A D J U S T E D ----------------------------------------------------NONNONBORROW ED BO RROW ED RESERVES R E Q U IR E D MONETARY RESERVES PLU S EXT CR RESERVES BASE 45805 45805 46060 46060 47047 47047 47859 47859 47894 47894 48149 48149 49086 49086 48676 48676 49566 49566 48979 48979 50049 50049 48760 48760 49631 49631 49538 49538 49616 49616 49859 49859 50200 50200 50731 50731 50629 50629 51940 51940 52404 52404 53060 53060 53308 53308 54042 54042 53891 53891 54429 54429 54795 45284 45284 45924 45924 46917 46917 47790 47790 47831 47831 48074 48074 48969 48969 48621 48621 49448 49448 48826 48826 49892 49892 48609 48609 49443 49443 49083 49083 49401 49401 49619 49619 49952 49952 50473 50473 50309 50309 51682 5168^ 52220 52220 52942 52942 53242 53242 53905 53905 53796 53796 54369 54369 54526 45285 45285 45924 45924 46919 46919 47791 47791 47834 47834 48076 48076 48970 48970 48621 48621 49451 49451 48826 48826 49892 49892 48609 48609 49443 49443 49083 49083 49401 49401 49619 49619 49952 49952 50473 50473 50309 50309 51682 51682 52220 52220 52942 52942 53242 53242 53905 53905 53796 53796 54371 54371 54526 44667 44667 45147 45147 46024 46024 46691 46691 46954 46954 47641 47641 47470 47470 47611 47611 48354 48354 48352 48352 48552 48552 48287 48287 48460 48460 48497 48497 48666 48666 48937 48937 49375 49375 49664 49664 49834 49834 50758 50758 51255 51255 51988 51988 52579 52579 52681 52681 53050 53050 53203 53203 53409 317584 317584 319361 319361 321187 321187 322836 322836 323623 323623 324017 324017 325676 325676 325740 325740 327951 327951 327818 327818 329772 329772 329115 329115 331024 331024 331268 331268 333347 333347 334862 334862 336237 336237 338241 338241 339630 339630 342501 342501 343551 343551 345314 345314 346261 346261 348359 348359 349590 349590 351524 351524 352615 ----------------------------------- ------------N O T TOTAL RESERVES 48514 48514 47382 47382 46244 46244 47170 47170 46679 46679 4779^ 47792 47854 47854 50073 50073 50175 50175 48627 48627 48547 48547 48709 48709 49412 49412 49623 49623 49725 49725 49020 49020 50296 50296 49487 49487 51429 51429 50940 50940 52744 52744 52298 52298 53509 53509 54254 54254 54839 54839 55922 55922 57660 NONBORROW ED RESERVES 47993 47993 47246 47246 46114 46114 47101 47101 46616 46616 47717 47717 47737 47737 50017 50017 50057 50057 48474 48474 48390 48390 48558 48558 49224 49224 49168 49168 49510 49510 48780 48780 50048 50048 49230 49230 51109 51109 50681 50681 52559 52559 52180 52180 53443 53443 54117 54117 54745 54745 55862 55862 57392 S E A S O N A L L Y A D J U S T E D -----------NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 47994 47994 47246 47246 46116 46116 47103 47103 46619 46619 47719 47719 47738 47738 50018 50018 50060 50060 48474 48474 48390 48390 48558 48558 49224 49224 49168 49168 49510 49510 48780 48780 50048 50048 49230 49230 51109 51109 50681 50681 52559 52559 52180 52180 53443 53443 54117 54117 54745 54745 55864 55864 57392 47376 47376 46470 46470 45221 45221 46003 46003 45739 45739 47284 47284 46238 46238 49008 49008 48962 48962 48000 48000 47050 47050 48235 48235 48241 48241 48582 48582 48775 48775 48098 48098 49471 49471 48420 48420 50634 50634 49757 49757 51594 51594 51226 51226 52781 52781 52893 52893 53998 53998 54696 54696 56275 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ----------------------------------------------S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBORROW ED TOTAL BO RROW ED RESERVES R E Q U IR E D M ONETARY RESERVES BASE RESERVES PLU S EXT CR RESERVES 1993 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 54795 54676 54676 54778 54778 55035 55035 54632 54632 55239 55239 55194 55194 55099 55099 55428 55428 56185 56185 57149 57149 57033 57033 56907 56907 57584 57584 57429 57429 57815 57815 57820 57820 58286 58286 58451 58451 59066 59066 59339 59339 59906 59906 60186 60186 60345 60345 60519 60519 60402 60402 60701 54526 54474 54474 54714 54714 55002 55002 54576 54576 55146 55146 55097 55097 55061 55061 55329 55329 56043 56043 57044 57044 56915 56915 56750 56750 57273 57273 57210 57210 57583 57583 57390 57390 57981 57981 57908 57908 58745 58745 58920 58920 59702 59702 60055 60055 60271 60271 60464 60464 60343 60343 60559 54526 54475 54475 54717 54717 55002 55002 54576 54576 55146 55146 55097 55097 55061 55061 55329 55329 56043 56043 57044 57044 56915 56915 56750 56750 57273 57273 57210 57210 57583 57583 57390 57390 57981 57981 57908 57908 58745 58745 58920 58920 59702 59702 60055 60055 60271 60271 60464 60464 60343 60343 60559 53409 53447 53447 53548 53548 53540 53540 54061 54061 53949 53949 53921 53921 54255 54255 54041 54041 55357 55357 55946 55946 56208 56208 56136 56136 56285 56285 56463 56463 56702 56702 57070 57070 57166 57166 57577 57577 57766 57766 58202 58202 58854 58854 59124 59124 59242 59242 59357 59357 59511 59511 59459 352615 353337 353337 354062 354062 355624 355624 356514 356514 357710 357710 358978 358978 359702 359702 361400 361400 363309 363309 365726 365726 366408 366408 367911 367911 369918 369918 370905 370905 372493 372493 373632 373632 375605 375605 376936 376936 379462 379462 380715 380715 381977 381977 383481 383481 384402 384402 385947 385947 386818 386818 387794 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D MONETARY RESERVES RESERVES RESERVES PLU S EXT CR BASE 57660 56847 56847 53923 53923 54299 54299 53143 53143 54852 54852 53701 53701 56429 56429 56345 56345 55818 55818 55602 55602 56652 56652 56940 56940 57279 57279 57893 57893 56749 56749 57999 57999 56819 56819 59234 59234 58122 58122 59582 59582 59185 59185 60185 60185 60680 60680 61462 61462 62074 62074 63629 57392 56645 56645 53860 53860 54266 54266 53087 53087 54759 54759 53604 53604 56391 56391 56246 56246 55676 55676 55497 55497 56534 56534 56783 56783 56968 56968 57674 57674 56517 56517 57568 57568 56514 56514 58690 58690 57801 57801 59162 59162 58981 58981 60053 60053 60606 60606 61406 61406 62015 62015 63487 57392 56646 56646 53862 53862 54266 54266 53087 53087 54759 54759 53604 53604 56391 56391 56246 56246 55676 55676 55497 55497 56534 56534 56783 56783 56968 56968 57674 57674 56517 56517 57568 57568 56514 56514 58690 58690 57801 57801 59162 59162 58981 58981 60053 60053 60606 60606 61406 61406 62015 62015 63487 56275 55618 55618 52693 52693 52803 52803 52572 52572 53561 53561 52428 52428 55585 55585 54958 54958 54990 54990 54400 54400 55827 55827 56168 56168 55980 55980 56927 56927 55636 55636 57249 57249 55699 55699 58360 58360 56822 56822 58445 58445 58133 58133 59123 59123 59578 59578 60300 60300 61183 61183 62387 358891 355534 355534 350545 350545 354308 354308 352467 352467 356840 356840 355908 355908 361792 361792 361259 361259 363061 363061 363789 363789 367275 367275 368721 368721 370571 370571 373203 373203 371308 371308 375655 375655 373244 373244 378774 378774 376765 376765 380899 380899 380232 380232 382465 382465 384438 384438* 386962 386962 389976 389976 394764 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------- SEASONALLY ADJUSTED---------------------NONNONBORROWED BORROWED RESERVES REQUIRED MONETARY RESERVES PLUS EXT CR RESERVES BASE 60687 60687 60627 60627 60729 60729 60727 60727 60634 60634 60415 60415 60594 60594 60513 60513 60021 60021 60203 60203 60145 60145 59783 59783 60255 60255 59789 59789 60478 60478 59675 59675 59825 59825 59682 59682 59848 59848 59686 59686 59430 59430 59264 59264 59372 59372 59817 59817 59414 59414 58978 60559 60613 60613 60582 60582 60634 60634 60682 60682 60596 60596 60347 60347 60469 60469 60399 60399 59851 59851 59987 59987 59927 59927 59517 59517 59687 59687 59377 59377 60021 60021 59233 59233 59327 59327 59235 59235 59314 59314 59253 59253 59084 59084 58913 58913 59172 59172 59601 59601 59235 59235 58732 60559 60613 60613 60582 60582 60634 60634 60682 60682 60596 60596 60347 60347 60469 60469 60399 60399 59851 59851 59987 59987 59927 59927 59517 59517 59687 59687 59378 59378 60021 60021 59233 59233 59327 59327 59235 59235 59314 59314 59253 59253 59084 59084 58913 58913 59172 59172 59601 59601 59235 59235 58732 59459 59011 59011 59360 59360 59617 59617 59576 59576 59582 59582 59554 59554 59697 59697 59053 59053 59207 59207 59284 59284 59053 59053 58885 58885 58775 58775 59029 59029 59132 59132 58736 58736 58830 58830 58765 58765 58644 58644 58630 58630 58856 58856 58422 58422 58427 58427 58471 58471 58334 58334 57811 387794 389702 389702 391338 391338 393412 393412 394837 394837 395992 395992 397067 397067 398178 398178 398983 398983 399873 399873 401735 401735 402670 402670 403554 403554 405990 405990 406578 406578 408709 408709 408752 408752 410023 410023 410807 410807 412060 412060 413075 413075 414256 414256 415999 415999 417190 417190 418785 418785 418530 418530 418949 -------------------- NOT SEASONALLY ADJUSTED----NONNONBORROWED TOTAL BORROWED RESERVES REQUIRED RESERVES RESERVES PLUS EXT CR RESERVES 63629 63405 63405 59801 59801 59954 59954 59047 59047 60185 60185 58805 58805 61825 61825 61713 61713 59575 59575 58681 58681 59491 59491 60017 60017 59656 59656 60494 60494 59342 59342 59886 59886 58354 58354 60340 60340 59116 59116 59723 59723 58909 58909 59014 59014 59760 59760 60596 60596 61067 61067 61601 63487 63332 63332 59756 59756 59859 59859 59002 59002 60146 60146 58737 58737 61700 61700 61599 61599 59405 59405 58465 58465 59273 59273 59752 59752 59089 59089 60082 60082 58885 58885 59444 59444 57856 57856 59894 59894 58582 58582 59290 59290 58563 58563 58663 58663 59560 59560 60380 60380 60888 60888 61355 63487 63332 63332 59756 59756 59859 59859 59002 59002 60146 60146 58737 58737 61700 61700 61599 61599 59405 59405 58465 58465 59273 59273 59752 59752 59089 59089 60083 60083 58885 58885 59444 59444 57856 57856 59894 59894 58582 58582 59290 59290 58563 58563 58663 58663 59560 59560 60380 60380 60888 60888 61355 62387 61729 61729 58534 58534 58843 58843 57896 57896 59133 59133 57944 57944 60928 60928 60253 60253 58762 58762 57762 57762 58399 58399 59119 59119 58177 58177 59733 59733 57997 57997 58947 58947 57358 57358 59423 59423 57912 57912 58667 58667 58334 58334 58172 58172 58815 58815 59250 59250 59987 59987 60433 TABLE 4 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ----------------------------------------------S E A S O N A L L Y A D J U S T E D ---------------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D MONETARY BASE RESERVES PLU S EXT CR RESERVES RESERVES 1995 1996 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC JA N JA N JA N 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 58978 59218 59218 59117 59117 59025 59025 58657 58657 58445 58445 58677 58677 57564 57564 58326 58326 58078 58078 57806 57806 57396 57396 57409 57409 57330 57330 57479 57479 58061 58061 57591 57591 57334 57334 57402 57402 57357 57357 57031 57031 56723 56723 56758 56758 56105 56105 56307 56307 56243 56243 56547 56547 55757 55757 58732 59151 59151 58942 58942 58974 58974 58597 58597 58386 58386 58598 58598 57488 57488 58196 58196 57930 57930 57662 57662 57231 57231 57124 57124 56995 56995 57186 57186 57583 57583 57341 57341 57046 57046 57134 57134 57083 57083 56694 56694 56496 56496 56637 56637 55869 55869 56075 56075 55944 55944 56330 56330 55735 55735 58732 59151 59151 58951 58951 58974 58974 58597 58597 58386 58386 58598 58598 57488 57488 58196 58196 57930 57930 57662 57662 57231 57231 57124 57124 56995 56995 57186 57186 57583 57583 57341 57341 57046 57046 57134 57134 57083 57083 56694 56694 56496 56496 56637 56637 55869 55869 56075 56075 55944 55944 56330 56330 55735 55735 57811 57859 57859 57748 57748 58052 58052 57772 57772 57879 57879 57607 57607 57150 57150 57362 57362 57043 57043 56996 56996 56599 56599 56394 56394 56316 56316 56588 56588 56706 56706 56391 56391 56601 56601 56559 56559 56399 56399 55653 55653 55863 55863 55706 55706 55308 55308 55218 55218 55136 55136 54950 54950 54137 54137 418949 420791 420791 421933 421933 422419 422419 422460 422460 423920 423920 426466 426466 426121 426121 428202 428202 429562 429562 430591 430591 429939 429939 429092 429092 429153 429153 429327 429327 430679 430679 430678 430678 430925 430925 431243 431243 431874 431874 432718 432718 432524 432524 433266 433266 432561 432561 434274 434274 434907 434907 435537 435537 435625 435625 ----------------------------------------------- N O T S E A S O N A L L Y A D J U S T E D -------------------------------------------NONNONBORROW ED TOTAL BORROW ED RESERVES R E Q U IR E D MONETARY RESERVES PLU S EXT CR RESERVES RESERVES BASE 61601 62173 62173 58411 58411 58325 58325 57026 57026 57991 57991 57193 57193 58409 58409 59764 59764 57611 57611 56436 56436 56507 56507 57811 57811 56574 56574 58334 58334 56909 56909 57814 57814 56013 56013 57862 57862 56883 56883 56843 56843 56425 56425 56347 56347 56517 56517 56895 56895 57811 57811 58901 58901 58770 58770 61355 62105 62105 58236 58236 58274 58274 56967 56967 57932 57932 57115 57115 58333 58333 59634 59634 57464 57464 56292 56292 56342 56342 57526 57526 56239 56239 58041 58041 56431 56431 57564 57564 55726 55726 57594 57594 56610 56610 56505 56505 56199 56199 56226 56226 56281 56281 56663 56663 57512 57512 58684 58684 58748 58748 61355 62105 62105 58245 58245 58274 58274 56967 56967 57932 57932 57115 57115 58333 58333 59634 59634 57464 57464 56292 56292 56342 56342 57526 57526 56239 56239 58041 58041 56431 56431 57564 57564 55726 55726 57594 57594 56610 56610 56505 56505 56199 56199 56226 56226 56281 56281 56663 56663 57512 57512 58684 58684 58748 58748 60433 60813 60813 57041 57041 57352 57352 56142 56142 57425 57425 56123 56123 57995 57995 58801 58801 56576 56576 55626 55626 55710 55710 56796 56796 55560 55560 57444 57444 55555 55555 56614 56614 55280 55280 57019 57019 55926 55926 55464 55464 55565 55565 55295 55295 55719 55719 55807 55807 56704 56704 57304 57304 57151 57151 425778 424068 424068 418233 418233 419994 419994 418535 418535 422789 422789 423516 423516 427325 427325 429871 429871 429058 429058 429088 429088 430042 430042 431060 431060 429221 429221 433392 433392 429742 429742 432970 432970 429267 429267 433048 433048 430267 430267 431894 431894 431486 431486 431303 431303 433315 433315 434972 434972 438004 438004 442541 442541 439511 439511 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1959 JA N JA N JA N JA N FEB FEB FEB FEB M AR MAR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 19131 18901 18769 18817 18749 18742 18562 18389 18375 18421 18439 18558 18323 18711 18698 18817 18551 18571 18550 18829 18393 18324 18314 18537 18627 18386 18452 18640 18976 18702 18696 18622 18509 18586 18566 18640 18653 18819 18394 18636 18501 18679 18568 18711 18724 18647 18563 18451 18797 18872 19274 18997 NONBORROW ED RESERVES 18505 18188 18331 18328 18334 18207 17997 17933 17846 17718 17914 17958 17711 18039 17995 18068 17895 17896 17841 17976 17735 17475 17335 17561 17751 17465 17425 17638 18064 17812 17662 17549 17564 17646 17601 17583 17594 17960 17673 17630 17453 17860 17778 17885 17816 17791 17741 17581 17886 17916 18294 18069 S E A S O N A L LY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES 18505 18188 18331 18328 18334 18207 17997 17933 17846 17718 17914 17958 17711 18039 17995 18068 17895 17896 17841 17976 17735 17475 17335 17561 17751 17465 17425 17638 18064 17812 17662 17549 17564 17646 17601 17583 17594 17960 17673 17630 17453 17860 17778 17885 17816 17791 17741 17581 17886 17916 18294 18069 18588 18340 18234 18424 18345 18189 18120 17979 17957 17868 18051 18100 17855 18302 18254 18307 18183 18213 18096 18227 18063 18021 17886 18081 18170 18069 18017 18229 18488 18353 18296 18080 18078 18149 18165 18082 18170 18297 18174 18153 18012 18173 18266 18311 18202 18190 18130 18085 18282 18429 18635 18533 EXCESS RESERVES 543 561 535 393 404 553 442 410 418 553 388 458 468 409 444 510 368 358 454 602 330 303 428 456 457 317 435 411 488 349 400 542 431 437 401 558 483 522 220 483 489 506 302 400 522 457 433 366 515 443 639 464 M ONETARY BASE 51270 50735 50274 50071 49941 49993 49864 49580 49579 49700 49803 49878 49625 50055 50136 50243 49869 49998 50124 50427 49936 50022 50175 50492 50525 50285 50606 50925 51114 50675 50677 50763 50647 50630 50569 50786 50952 50914 50283 50625 50663 50809 50532 50694 50875 50961 50878 50910 51174 51431 51910 51678 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1960 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR M AR M AR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 6 13 20 27 3 10 17 24 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 19152 19018 18962 18478 18537 18267 18251 18061 18105 17938 18109 18189 17893 17867 17869 18281 18392 18243 18306 18235 18168 18121 18153 18156 18602 18342 18320 18349 18761 18552 18591 18525 18564 18404 18466 18358 18581 18635 18609 18759 18640 18839 18729 18873 18797 18733 18761 19678 18916 18932 19460 19447 A D JU S T E D FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BORROW ED RESERVES 18139 18107 18048 17705 17729 17417 17278 17441 17312 17343 17383 17602 17291 17163 17198 17720 17868 17691 17757 17680 17766 17685 17753 17782 18052 17930 17880 18008 18332 18201 18276 18232 18148 18211 18193 18097 18282 18556 18384 18559 18492 18765 18489 18684 18661 18565 18662 19565 18856 18862 19386 19398 IN 18139 18107 18048 17705 17729 17417 17278 17441 17312 17343 17383 17602 17291 17163 17198 17720 17868 17691 17757 17680 17766 17685 17753 17782 18052 17930 17880 18008 18332 18201 18276 18232 18148 18211 18193 18097 18282 18556 18384 18559 18492 18765 18489 18684 18661 18565 18662 19565 18856 18862 19386 19398 RESERVE R E Q U IR E M E N T S 18620 18471 18368 18074 18056 17838 17743 17637 17664 17576 17598 17738 17534 17430 17401 17917 17911 17919 17808 17778 17715 17683 17691 17731 18045 17856 17883 17775 18245 18078 18103 18018 17983 17938 17827 17702 17762 18116 18091 18148 17951 17963 18200 18309 18191 18121 18154 18481 18216 18222 18706 18753 EXCESS RESERVES 532 547 594 404 481 429 508 424 441 362 511 451 359 437 468 364 481 324 498 457 453 438 462 425 557 486 437 574 516 474 488 507 581 466 639 656 819 519 518 611 689 876 529 564 606 612 607 1197 700 710 754 694 M ONETARY BASE 51474 51122 50679 49922 49896 49719 49698 49437 49401 49404 49652 49701 49214 49360 49523 49939 49769 49637 49865 49818 49637 49663 49887 49918 50331 49940 50258 50497 50721 50358 50383 50476 50506 50265 49825 49821 50060 50002 49768 50026 50164 50313 50009 50102 50366 50398 50423 49860 49320 49415 50028 50109 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1961 JA N JA N JA N JA N FEB FEB FEB FEB M AR MAR M AR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 19944 19226 19292 19467 18963 18948 18844 19045 19014 18671 18827 18955 18793 18702 18782 19026 19018 18808 18754 18909 18917 18872 18804 18844 19296 19120 19086 19103 19075 19007 19286 19208 19197 19202 19160 19114 19198 19473 19519 19605 19426 19804 19825 19751 19671 19741 19894 19942 19764 19742 20234 20348 A D JU S T E D FOR CHANGES NOT S E A S O N A LLY A D JU S T ED NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BORROW ED RESERVES 19768 19175 19257 19420 18897 18769 18651 18938 18964 18577 18778 18903 18715 18595 18730 18982 18981 18747 18690 18736 18851 18780 18742 18773 19254 19039 19038 19056 19020 18957 19211 19085 19135 19165 19123 19057 19171 19429 19492 19571 19397 19659 19769 19677 19580 19619 19804 19841 19729 19702 20125 20132 IN 19768 19175 19257 19420 18897 18769 18651 18938 18964 18577 18778 18903 18715 18595 18730 18982 18981 18747 18690 18736 18851 18780 18742 18773 19254 19039 19038 19056 19020 18957 19211 19085 19135 19165 19123 19057 19171 19429 19492 19571 19397 19659 19769 19677 19580 19619 19804 19841 19729 19702 20125 20132 RESERVE R E Q U IR E M E N T S 18930 18654 18500 18463 18415 18380 18202 18320 18335 18244 18192 18451 18193 18167 18201 18345 18287 18341 18276 18307 18352 18257 18233 18215 18750 18493 18539 18446 18386 18357 18809 18651 18593 18605 18566 18573 18609 18906 18862 19121 18933 19230 19277 19208 19198 19153 19297 19221 19219 19176 19656 19788 EXCESS RESERVES 1014 572 792 1004 548 568 642 725 679 427 635 504 600 535 581 681 731 467 478 602 565 615 571 629 546 627 547 657 689 650 477 557 604 597 594 541 589 567 657 484 493 574 548 543 473 588 597 721 545 566 578 560 M ONETARY BASE 50183 49367 49080 48957 48274 48508 48417 48527 48320 48290 48416 48556 48201 48337 48506 48625 48417 48282 48509 48601 48530 48428 48675 48759 49156 48823 49188 49452 49225 48988 49220 49479 49407 49369 49104 49414 49573 49735 49572 49773 49928 50289 50114 49931 50244 50366 50657 50717 50703 50888 51407 51753 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1962 JA N 3 JA N 10 JA N 17 JA N 24 JA N 31 FEB 7 F E B 14 FEB 21 FEB 28 MAR 7 MAR 14 MAR 2 1 MAR 2 8 APR 4 APR 11 A P R 18 APR 25 MAY 2 MAY 9 MAY 16 MAY 23 M AY 30 JU N 6 JU N 13 JU N 20 JU N 27 JU L 4 JU L 11 J U L 18 JU L 25 AUG 1 AUG 8 AUG 15 AUG 22 AUG 29 SEP 5 S EP 12 SEP 19 SEP 26 OCT 3 OCT 10 OCT 17 OCT 24 OCT 31 NOV 7 N O V 14 NOV 21 NOV 28 DEC 5 DEC 12 DEC 19 DEC 26 20802 20292 20056 19972 19758 19698 19520 19580 19485 19484 19348 19665 19648 19663 19504 19686 19878 19868 19852 19815 19831 19809 19801 19638 20038 20062 20240 20141 20094 20002 19838 19815 19813 20010 19914 19839 19952 20159 20191 20174 20333 20306 20358 19807 19559 19417 19685 19630 19529 19527 19953 20325 NONBORROW ED RESERVES 20461 20228 19987 19928 19698 19626 19450 19508 19429 19394 19295 19532 19562 19588 19444 19611 19793 19805 19806 19751 19784 19723 19746 19591 19914 19894 20120 20086 19931 19943 19768 19659 19683 19854 19841 19745 19875 20134 20050 20111 20289 20235 20302 19728 19401 19273 19592 19535 19437 19420 19790 20018 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 20461 20228 19987 19928 19698 19626 19450 19508 19429 19394 19295 19532 19562 19588 19444 19611 19793 19805 19806 19751 197S4 19723 19746 19591 19914 19894 20120 20086 19931 19943 19768 19659 19683 19854 19841 19745 19875 20134 20050 20111 20289 20235 20302 19728 19401 19273 19592 19535 19437 19420 19790 20018 20076 19682 19452 19271 19227 19241 19022 19047 18965 19038 18870 19181 19189 19146 19060 19194 19328 19410 19393 19328 19299 19202 19289 19245 19568 19569 19697 19595 19532 19427 19404 19325 19216 19468 19379 19418 19427 19643 19687 19728 19854 19821 19853 19353 19010 18846 19078 19080 19149 19081 19438 19764 EXCESS RESERVES 726 610 604 701 531 457 498 533 520 446 478 484 459 517 444 492 550 458 459 487 532 607 512 393 470 493 543 546 562 575 434 490 597 542 535 421 525 516 504 446 479 485 505 454 549 571 607 550 380 446 515 561 M ONETARY BASE 51790 51205 50637 50291 49773 49973 49871 49861 49659 49958 49888 50183 50006 50167 50354 50438 50465 50301 50688 50582 50554 50387 50754 50710 51030 50903 51406 51669 51456 51162 50851 51215 51186 51343 51012 51150 51411 51425 51257 51320 51847 51788 51692 50982 51140 51199 51518 51485 51463 51787 52218 52738 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1963 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR M AR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 21079 20296 20100 19915 19611 19684 19624 19512 19477 19517 19422 19502 19598 19608 19371 19690 19729 19644 19715 19660 19683 19599 19438 19428 19796 20052 20242 20093 20172 19928 19648 19913 19709 19654 19554 19684 19814 19900 20200 20177 20192 19989 19942 19755 20166 20065 20250 20035 20320 19994 20680 21001 NONBORROW ED RESERVES 20365 20233 20021 19745 19512 19461 19459 19355 19348 19375 19285 19445 19357 19434 19284 19533 19572 19550 19605 19461 19402 19333 19222 19180 19512 19818 19913 19770 19772 19616 19505 19515 19357 19360 19280 19359 19460 19707 19812 19834 19800 19680 19581 19556 19762 19765 19819 19835 19813 19879 20408 20684 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S E X T CR RESERVES 20365 20233 20021 19745 19512 19461 19459 19355 19348 19375 19285 19445 19357 19434 19284 19533 19572 19550 19605 19461 19402 19333 19222 19180 19512 19818 19913 19770 19772 19616 19505 19515 19357 19360 19280 19359 19460 19707 19812 19834 19800 19680 19581 19556 19762 19765 19819 19835 19813 19879 20408 20684 20045 19858 19579 19429 19180 19227 19121 19087 19010 19121 18933 19132 19135 19154 18997 19157 19216 19244 19354 19201 19230 19122 19098 19009 19298 19673 19810 19630 19577 19457 19351 19431 19236 19252 19146 19204 19313 19552 19740 19825 19757 19603 19513 19407 19737 19634 19744 19700 19734 19804 20188 20527 EXCESS RESERVES 1034 438 521 486 431 457 503 425 467 396 489 370 463 454 374 533 513 400 361 459 453 477 340 419 498 379 432 463 595 471 297 482 473 402 408 480 501 348 460 352 435 386 429 348 429 431 506 335 586 190 492 474 M ONETARY BASE 53092 52319 51752 51370 50766 51073 51150 50961 50865 51114 51198 51242 51189 51328 51482 51733 51509 51270 51812 51752 51769 51523 51750 51947 52237 52347 52845 53195 53017 52653 52173 52813 52703 52605 52275 52612 52984 52890 53001 52949 53454 53204 53117 52694 53469 53731 53877 53710 54401 54288 54891 55363 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1964 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR M AR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 1 8 15 22 29 5 12 19 26 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 21457 21169 20905 20463 20200 20220 20178 20171 20036 20183 19978 20213 20510 20309 20350 20368 20323 19966 20277 20305 20304 20114 20194 20186 20616 20727 20845 20805 20994 20429 20325 20550 20597 20583 20611 20531 20679 20739 21256 21140 21259 20985 21001 20769 21210 21015 21315 21059 21376 21142 21387 21841 21991 NONBORROW ED RESERVES 20899 20805 20544 20299 20023 19978 19811 19880 19836 19821 19725 19855 20231 20154 20142 20178 20004 19831 20066 19991 20006 19906 19930 19897 20289 20495 20624 20542 20534 20270 20146 20290 20221 20305 20282 20216 20201 20514 20847 20862 20889 20746 20621 20539 20734 20588 20725 20900 21001 21020 21253 21584 21487 S E A S O N A LLY A D JU S T ED NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES 20899 20805 20544 20299 20023 19978 19811 19880 19836 19821 19725 19855 20231 20154 20142 20178 20004 19831 20066 19991 20006 19906 19930 19897 20289 20495 20624 20542 20534 20270 20146 20290 20221 20305 20282 20216 20201 20514 20847 20862 20889 20746 20621 20539 20734 20588 20725 20900 21001 21020 21253 21584 21487 20663 20701 20305 20174 19827 19854 19776 19751 19683 19693 19664 19838 20002 20037 19928 20069 19882 19698 19988 19892 19896 19783 19899 19857 20161 20376 20443 20514 20422 20151 19957 20209 20123 20192 20140 20133 20182 20372 20775 20752 20826 20575 20574 20465 20769 20646 20724 20801 20987 20852 20999 21444 21429 EXCESS RESERVES 794 468 600 289 373 366 402 420 353 490 314 375 508 272 422 299 441 268 289 413 408 331 295 329 455 351 402 291 572 278 368 341 474 391 471 398 497 367 481 388 433 410 427 304 441 369 591 258 389 290 388 397 562 M ONETARY BASE 55485 55144 54571 53964 53320 53448 53635 53537 53256 53483 53665 53899 54091 53868 54265 54259 54130 53560 54207 54424 54349 54047 54375 54718 55065 55088 55163 55791 55886 55226 54875 55298 55639 55513 55363 55231 55948 55802 56174 55814 56380 56262 56188 55741 56340 56646 56976 56706 57186 57254 57442 58052 58292 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1965 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR M AR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 22201 21843 21440 21258 21401 21312 21051 21187 21142 21062 21168 21512 21364 21501 21289 21722 21403 21745 21465 21445 21368 21417 21367 21649 22057 21893 22168 22106 21663 21594 21783 21600 21514 21521 21574 21411 21585 22114 21911 22052 21705 22274 21840 22111 21904 21877 21750 22192 22334 22463 22804 23080 A D JU S T E D FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BORROW ED RESERVES 21892 21419 21163 21055 21123 20840 20698 20667 20872 20677 20798 21049 20877 20931 20892 21150 21058 21267 20967 20945 20885 20899 20893 21038 21474 21407 21586 21486 21238 21115 21239 20984 21023 20976 21037 20928 21027 21487 21358 21516 21210 21683 21502 21625 21570 21388 21389 21658 21856 21977 22586 22534 IN 21892 21419 21163 21055 21123 20840 20698 20667 20872 20677 20798 21049 20877 20931 20892 21150 21058 21267 20967 20945 20885 20899 20893 21038 21474 21407 21586 21486 21238 21115 21239 20984 21023 20976 21037 20928 21027 21487 21358 21516 21210 21683 21502 21625 21570 21388 21389 21658 21856 21977 22586 22534 RESERVE R E Q U IR E M E N T S 21854 21252 21051 20917 21017 20816 20729 20648 20922 20694 20840 21051 20996 21126 21011 21248 21162 21411 21116 21102 21058 21086 21065 21247 21642 21555 21820 21574 21469 21272 21397 21177 21185 21110 21141 21039 21118 21679 21554 21609 21405 21781 21643 21730 21475 21561 21514 21767 21873 21898 22570 22617 EXCESS RESERVES 347 591 389 341 384 496 322 539 220 368 328 461 368 375 278 474 241 334 349 343 310 331 302 402 415 338 348 532 194 322 386 423 329 411 433 372 467 435 357 443 300 493 197 381 429 316 236 425 461 565 234 463 M ONETARY BASE 58193 57576 56850 56423 56546 56758 56396 56434 56370 56652 56686 56960 56626 57192 57053 57387 56684 57233 57278 57151 56945 57266 57549 57744 58110 57784 58818 58775 58214 57908 58210 58407 58250 58095 57977 58412 58418 58897 58582 59089 59028 59491 58876 59236 59518 59591 59526 60048 60577 60760 61249 61529 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1966 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR M AR M AR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 23270 23232 22467 22451 22538 22323 22153 22106 22116 22045 22121 22396 22176 22358 22402 22627 22615 22735 22593 22475 22241 22368 22204 22330 22719 22936 23173 23252 22935 22947 22987 22878 22606 22454 22641 22659 23231 23751 23133 23614 23358 23318 23267 23380 23355 23354 22923 23226 23188 23518 23892 24165 A D JU S T E D FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BO RROW ED RESERVES 22708 22642 22249 22099 22120 21820 21700 21586 21652 21431 21585 21794 21668 21735 21799 21942 21973 22118 21913 21812 21588 21556 21657 21542 22028 22165 22346 22434 22304 22267 22209 22096 21876 21735 21950 21910 22343 22980 22483 22786 22430 22528 22749 22786 22709 22643 22484 22590 22739 22871 23420 23617 IN 22708 22642 22249 22099 22120 21820 21700 21586 21652 21431 21585 21794 21668 21735 21799 21942 21973 22118 21913 21812 21588 21556 21657 21542 22028 22165 22346 22434 22304 22267 22209 22096 21876 21735 21950 21910 22343 22980 22483 22786 22430 22528 22749 22786 22709 22643 22484 22590 22739 22871 23420 23617 RESERVE R E Q U IR E M E N T S 22951 22544 22259 22146 22190 21979 21816 21708 21823 21685 21758 22025 21888 22025 22042 22254 22235 22449 22253 22156 21927 21932 21997 21865 22437 22477 22823 22528 22764 22671 22634 22417 22329 22080 22277 22322 22727 23159 23066 23300 22945 22829 23120 23101 22977 22807 22739 22766 23007 23008 23688 23728 EXCESS RESERVES 319 688 208 305 348 344 337 398 293 360 363 371 288 333 360 373 380 286 340 319 314 436 207 465 282 459 350 724 171 276 353 461 277 374 364 337 504 592 67 314 413 489 147 279 378 547 184 460 181 510 204 437 M ONETARY BASE 61412 61351 60216 59842 59838 60047 59736 59621 59508 59919 59927 60207 59746 60316 60703 60589 60357 60627 60925 60706 60312 60578 60826 60945 61297 61259 62200 62466 61967 61761 61860 62152 61795 61510 61424 61981 62534 62880 61956 62665 62836 62674 62372 62442 63035 63181 62795 63119 63377 63907 64334 64809 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1967 JA N JA N JA N JA N FEB FEB FEB FEB MAR M AR MAR M AR M AR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 24662 24499 23661 23989 23909 23849 23726 23813 23423 23187 23282 23692 23329 23389 23162 23580 23385 23623 23413 23386 23081 23059 23176 23213 23767 23547 23884 24066 23889 24021 23974 23960 23763 23773 23475 23925 24039 24316 24212 24642 24399 25029 24549 24705 24754 24699 24622 24658 24840 24710 25203 25687 A D JU S T ED FOR CHANGES NOT S E A S O N A LLY A D JU S T ED NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES NON BORROW ED RESERVES 24097 23914 23444 23451 23733 23496 23270 23336 23256 22985 23109 23390 23194 23209 23017 23402 23287 23489 23350 23263 23031 22957 23099 23170 23676 23406 23531 23997 23838 23967 23858 23869 23634 23726 23429 23846 23969 24210 24138 24498 24254 24813 24491 24625 24622 24537 24495 24539 24753 24589 25018 25342 IN 24097 23914 23444 23451 23733 23496 23270 23336 23256 22985 23109 23390 23194 23209 23017 23402 23287 23489 23350 23263 23031 22957 23099 23170 23676 23406 23531 23997 23838 23967 23858 23869 23634 23726 23429 23846 23969 24210 24138 24498 24254 24813 24491 24625 24622 24537 24495 24539 24753 24589 25018 25342 RESERVE R E Q U IR E M E N T S 24267 23872 23536 23473 23569 23560 23308 23230 23264 22828 22910 23125 22944 22942 22936 23102 23139 23218 23084 22982 22754 22678 22845 22858 23506 23116 23422 23423 23653 23589 23679 23589 23381 23300 23215 23593 23653 23908 24001 24229 24150 24468 24359 24414 24424 24181 24401 24274 24552 24377 24936 25245 EXCESS RESERVES 395 627 125 516 340 289 418 583 159 359 372 567 385 447 226 478 246 405 329 404 327 381 331 355 261 431 462 643 236 432 295 371 382 473 260 332 386 408 211 413 249 561 190 291 330 518 221 384 288 333 267 442 MONETARY BASE 64917 64732 63453 63407 63089 63509 63410 63370 62797 63052 63123 63549 63006 63124 63261 63510 63073 63422 63701 63555 63144 63112 63695 63853 64341 63927 64716 65239 64792 64681 64577 65071 64797 64735 64175 65091 65281 65360 65000 65578 65856 66437 65743 65691 66350 66401 66507 66582 67014 67208 67744 68622 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1968 JA N 3 JA N 10 JA N 17 JA N 24 JA N 31 FEB 7 F E B 14 FEB 21 FEB 28 MAR 6 MAR 13 MAR 2 0 MAR 27 APR 3 A P R 10 A PR 17 A P R 24 MAY 1 MAY 8 MAY 15 MAY 22 MAY 29 JU N 5 JU N 12 JU N 19 JU N 26 JU L 3 J U L 10 J U L 17 J U L 24 JU L 31 AUG 7 AUG 14 AUG 21 AUG 28 SEP 4 SEP 11 SEP 18 SEP 25 OCT 2 OCT 9 OCT 16 OCT 23 O CT 30 NOV 6 NO V 13 NOV 20 NOV 27 DEC 4 DEC 11 D EC 18 DEC 25 26448 25911 25571 25922 25672 25921 25530 25275 25636 25797 25548 25672 25326 25463 25434 26090 25503 25518 25698 25379 25379 25322 25332 25400 25597 26217 25839 25826 26011 26261 26186 26227 25890 26227 25791 25881 26192 25974 25855 26387 26495 26975 26473 26720 26354 27070 26960 26594 26859 26461 27088 27232 NONBORROW ED RESERVES 25953 25731 25347 25689 25431 25680 25146 24870 25194 25297 24769 24939 24744 24767 24788 25327 24852 24844 24875 24667 24710 24558 24573 24722 24933 25410 25346 25414 25541 25622 25584 25490 25314 25608 25417 25427 25558 25570 25381 25846 26092 26459 26136 26225 25962 26395 26447 26011 26328 26027 26513 26373 S E A S O N A LLY A D JU S T ED NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 25953 25731 25347 25689 25431 25680 25146 24870 25194 25297 24769 24939 24744 24767 24788 25327 24852 24844 24875 24667 24710 24558 24573 24722 24933 25410 25346 25414 25541 25622 25584 25490 25314 25608 25417 25427 25558 25570 25381 25846 26092 26459 26136 26225 25962 26395 26447 26011 26328 26027 26513 26373 25795 25347 25414 25546 25336 25546 25042 24896 25323 25481 25090 25258 25165 25132 25028 25563 25377 25242 25317 24979 25057 24931 25124 25090 25331 25639 25657 25393 25737 25851 25828 25885 25576 25713 25612 25626 25636 25600 25658 26002 26270 26602 26474 26368 26162 26533 26731 26409 26380 26409 26720 26812 EXCESS RESERVES 653 564 157 376 336 375 488 379 313 316 458 414 161 331 406 527 126 276 381 400 322 391 208 310 266 578 182 433 274 410 358 342 314 514 179 255 556 374 197 385 225 373 -1 352 192 537 229 185 479 52 368 420 M ONETARY BASE 68813 68258 67523 67597 66938 67591 67280 66883 67047 67577 67640 67704 67172 67523 68044 68675 67684 67536 68358 68065 68061 67823 68359 68762 68824 69228 69183 69926 69767 69823 69508 69992 69917 70162 69478 69892 70525 70032 69577 70187 70442 71210 71053 70827 70652 71727 72199 71894 72393 72200 73094 73422 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1969 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR M AR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 28340 27955 28567 28349 27572 27437 27260 27591 27099 26985 26768 26710 26622 26743 26599 26616 27580 27657 28210 27806 27772 27729 27643 27444 27036 26966 27500 27176 27275 27164 26594 27042 26960 27159 26909 26950 26941 26814 26931 27400 27153 27379 27614 27172 27661 27725 27969 27601 27737 27775 28016 27876 28680 NONBORROW ED RESERVES 27020 27457 27880 27567 26681 26693 26461 26547 26342 26251 25893 25934 25658 25548 25652 25857 26445 26539 26607 26635 26414 26426 26122 26184 25721 25643 25866 26156 25996 25810 25325 25952 25631 25938 25705 25710 26201 25796 25825 25964 26186 26032 26599 25993 26333 26481 26898 26391 26546 26575 26972 26780 27576 S E A S O N A L LY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES 27020 27457 27880 27567 26681 26693 26461 26547 26342 26251 25893 25934 25658 25548 25652 25857 26445 26539 26607 26635 26414 26426 26122 26184 25721 25643 25866 26156 25996 25810 25325 25952 25631 25938 25705 25710 26201 25796 25825 25964 26186 26032 26599 25993 26333 26481 26898 26391 26546 26575 26972 26780 27576 27439 27753 28335 28076 27384 27202 27039 27228 26895 26778 26520 26625 26354 26434 26374 26472 27408 27572 27727 27545 27656 27616 27274 26996 26937 26775 27004 27063 27099 26782 26448 26791 26627 27100 26697 26548 26550 26682 26727 27080 27014 27161 27458 27092 27365 27354 27823 27463 27534 27484 27919 27612 28152 EXCESS RESERVES 901 202 232 273 188 235 221 363 204 207 248 85 268 309 225 144 172 85 483 261 116 113 369 448 99 191 496 113 176 382 146 251 333 59 212 402 391 132 204 320 139 218 156 80 296 371 146 138 203 291 97 264 528 MONETARY BASE 74454 73697 73140 72942 71769 71760 71764 72562 71873 71595 71602 71972 71796 71850 71807 72017 73144 72625 73271 73137 73553 73356 73624 73467 73476 73292 73829 73839 74069 74140 72856 73506 73600 74220 73676 73866 73799 73767 73666 73862 73844 74485 75145 74250 74792 75193 76001 75798 76044 76214 76680 76874 77546 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1970 JA N JA N JA N JA N FEB FEB FEB FEB MAR M AR M AR M AR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 28696 28988 29400 28518 28415 27997 28059 27577 27462 27233 27631 27472 27806 27709 28262 28372 28126 28587 27745 28095 27331 27613 27469 27703 27273 27823 27847 28222 28373 28183 28142 28588 28515 28177 28370 28931 28921 28394 29034 28786 28464 28890 28447 28652 28725 28763 28373 28875 28718 29038 29298 29843 NONBORROW ED RESERVES 27844 28123 28437 27488 27157 26928 26949 26512 26626 26301 26814 26536 26857 27213 27245 27403 27232 27813 26935 26916 26398 26389 26612 27045 26386 26832 26553 26541 26987 26952 27132 27414 27834 27517 27710 28168 28421 27934 28373 28388 28014 28304 28014 28229 28280 28433 27937 28420 28428 28639 28973 29573 S E A S O N A LLY A D JU S T ED NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 27844 28123 28437 27488 27157 26928 26949 26512 26626 26301 26814 26536 26857 27213 27245 27403 27232 27813 26935 26916 26398 26389 26612 27045 26386 26832 26553 26541 26987 26952 27132 27414 27834 27517 27710 28168 28421 27934 28373 28388 28014 28304 28014 28229 28280 28433 27937 28420 28428 28639 28973 29573 28411 28911 29196 28406 28204 27790 27810 27405 27264 27162 27481 27376 27467 27530 28160 28214 28014 28237 27717 27881 27287 27418 27333 27430 27185 27550 27773 27992 28188 28030 27954 28309 28423 28039 28192 28516 28565 28441 28762 28434 28423 28701 28256 28334 28443 28599 28297 28458 28582 28918 29088 29409 EXCESS RESERVES 285 77 204 112 211 207 249 172 198 71 150 96 339 179 102 158 112 350 28 214 44 195 136 273 88 273 74 230 185 153 188 279 92 138 178 415 356 -4 7 272 352 41 189 191 318 282 164 76 417 136 120 210 434 M ONETARY BASE 77365 76643 76601 75411 75399 75124 75567 75105 74822 74702 75487 75501 75743 75657 76443 76858 76213 76878 76440 77210 76147 76568 76556 77241 76889 77082 77467 78156 78773 77635 77731 78347 78671 78106 78106 78833 79030 78628 78412 78420 78425 79398 78524 78691 79108 79693 79602 80093 80027 80605 81551 81835 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1971 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR M AR MAR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 30611 30242 31029 30172 29959 29760 30202 29916 29542 29404 29955 29482 29940 29670 29625 29938 30157 30780 30084 30362 30246 30276 29886 30225 29919 30292 30313 30254 30932 30623 30894 30330 30605 30111 30519 30855 30851 30360 31073 30993 30702 31071 30424 30961 30580 31172 30716 31275 30743 31153 31151 31924 NONBORROW ED RESERVES 30204 29965 30557 29818 29676 29513 29641 29666 29284 28983 29665 29149 29683 29473 29475 29854 29981 30606 29985 30056 29979 29630 29733 29822 29300 29542 29652 29263 29811 30078 30130 29737 29426 29340 29813 30090 30394 30031 30649 30684 30253 30739 30011 30745 30458 30885 30178 30570 30684 31128 31010 31708 S E A S O N A LLY A D JU S T E D NONBORROW ED R E Q U IR E D RESERVES RESERVES PLU S EXT CR 30204 29965 30557 29818 29676 29513 29641 29666 29284 28983 29665 29149 29683 29473 29475 29854 29981 30606 29985 30056 29979 29630 29733 29822 29300 29542 29652 29263 29811 30078 30130 29737 29426 29340 29813 30090 30394 30031 30649 30684 30253 30739 30011 30745 30458 30885 30178 30570 30684 31128 31010 31708 30035 30210 30937 29890 29722 29555 29905 29599 29372 29322 29690 29414 29564 29393 29417 29857 30109 30415 29854 30260 30072 29991 29813 29959 29709 30060 3Q036 30249 30650 30556 30460 30303 30381 30020 30195 30650 30604 30421 30730 30779 30653 30861 30373 30565 30570 30984 30572 30685 30600 30949 31180 31610 EXCESS RESERVES 576 32 92 282 237 205 297 317 170 82 265 68 376 277 208 81 48 365 230 102 174 285 73 266 210 232 277 5 282 67 434 27 224 91 324 205 247 -6 1 343 214 49 210 51 396 10 188 144 590 143 204 -2 9 314 M ONETARY BASE 82287 81311 81646 80249 80031 80059 81092 80914 80320 80088 81275 80982 81007 80991 81431 82158 81795 82299 81946 82688 82506 82616 82466 83180 83000 83010 83640 84064 85109 83905 84227 83831 84489 83940 83955 84477 84671 84414 84237 84393 84443 85382 84439 84810 84688 85583 85789 86313 85794 86363 87104 87607 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1972 JA N JA N JA N JA N FEB FEB FEB FEB M AR MAR M AR M AR M AR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 32814 32793 33665 32592 32435 31892 32257 31823 31614 31465 32108 31558 32219 32604 32345 32565 32666 32840 32757 33157 32646 32814 32677 32417 32596 32301 33143 32747 33295 33040 33139 33133 33326 32822 32978 33362 32520 33017 33053 33731 33710 34098 33555 33704 33694 32132 30539 30728 31009 31068 31408 31441 NONBORROW ED RESERVES 32757 32776 33651 32580 32419 31850 32239 31809 31547 31362 32095 31443 32066 32463 32331 32522 32387 32723 32670 33118 32583 32560 32619 32323 32537 32172 32831 32520 33122 32868 32776 32846 32944 32474 32501 32525 32371 32300 32503 33295 33175 33664 32790 33149 32735 31638 30120 30156 30420 30263 30187 30323 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES 32757 32776 33651 32580 32419 31850 32239 31809 31547 31362 32095 31443 32066 32463 32331 32522 32387 32723 32670 33118 32583 32560 32619 32323 32537 32172 32831 32520 33122 32868 32776 32846 32944 32474 32501 32525 32371 32300 32503 33295 33175 33664 32790 33149 32735 31638 30120 30156 30420 30263 30187 30323 32502 32688 33447 32400 32190 31842 31946 31693 31532 31289 31715 31691 31934 32230 32179 32624 32448 32704 32566 32963 32560 32726 32346 32308 32384 32177 32815 32524 33148 32961 32897 33003 33072 32782 32751 32566 32635 32811 33016 33501 33352 33977 33405 33499 33570 31346 30350 30388 30673 30824 31202 31252 EXCESS RESERVES 312 105 218 192 245 50 311 130 82 176 393 -1 3 3 285 374 166 -5 9 218 136 191 194 86 88 331 109 212 124 328 223 147 79 242 130 254 40 227 796 -1 1 5 206 37 230 358 121 150 205 124 786 189 340 336 244 206 189 M ONETARY BASE 87936 87648 88076 86417 86165 86397 86622 86106 85662 86300 87012 86429 86820 87863 87854 87869 87607 88019 88658 88968 88276 88513 88955 88839 88967 88323 90174 90057 90334 89684 89744 90491 90540 89808 89533 90778 89891 90134 89771 90832 91718 91858 91113 90964 92138 90786 89465 89443 90297 90847 91386 91844 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1973 JA N JA N JA N JA N JA N FEB FEB FEB FEB M AR MAR MAR M AR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 32597 32483 34005 32509 32553 31804 31809 32038 31284 32059 31558 31972 31664 32614 31757 32627 32402 32502 32246 32942 32270 32205 32163 31597 32276 32220 33327 32519 33721 33813 34051 33456 33829 33601 33797 34126 33549 33858 34143 34673 34794 35019 35118 34951 34626 34871 35095 34438 34906 34444 35203 35430 NONBORROW ED RESERVES 30846 31792 32712 31415 31243 30572 29817 30368 29805 30374 30067 29833 29653 30859 30258 30779 30756 30628 30762 31127 30582 29805 30499 29897 30348 30371 30927 30840 31999 31733 31956 31451 31913 31467 31239 31765 32062 32152 31953 33153 33441 33857 33203 33496 33455 33350 33527 33151 33428 33141 33715 34391 S E A S O N A L LY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S E X T CR RESERVES 30846 31792 32712 31415 31243 30572 29817 30368 29805 30374 30067 29833 29653 30859 30258 30779 30756 30628 30763 31128 30583 29806 30500 29898 30358 30381 30959 30874 32035 31763 31982 31475 31942 31490 31264 31790 32085 32177 31982 33185 33471 33884 33203 33496 33455 33350 33527 33151 33428 33141 33715 34391 32019 32338 33676 32542 32098 31686 31622 31533 31305 31723 31533 31724 31576 32078 31848 32390 32064 32271 32327 32602 32176 32060 31819 31595 32132 32000 32695 32524 33264 33800 33552 33381 33515 33562 33674 33636 33405 33709 34059 34216 34374 35099 34711 34777 34369 34725 34726 34372 34468 34472 34892 34958 EXCESS RESERVES 578 145 329 -3 3 455 118 187 505 -2 1 336 25 248 88 536 -9 1 237 338 231 -8 1 340 94 145 344 2 144 220 632 -5 457 13 499 75 314 39 123 490 144 149 84 457 420 -8 0 407 174 257 146 369 66 438 -2 8 311 472 M ONETARY BASE 92222 92109 93048 90948 90496 90433 90698 90866 89632 91181 90958 91346 90723 92175 92181 93004 92515 92363 93145 93744 92896 92858 93485 93306 93806 93327 95206 95040 95959 95599 95594 95878 96197 95741 95426 96442 96139 96056 95900 96641 97788 97683 97618 97011 97706 98434 98892 98053 98876 99191 100134 100950 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1974 JA N 2 JA N 9 JA N 16 JA N 23 JA N 30 FEB 6 F E B 13 FEB 20 F E B 27 MAR 6 MAR 13 MAR 2 0 MAR 27 APR 3 A PR 10 A PR 17 A PR 24 MAY 1 MAY 8 M AY 15 MAY 22 MAY 29 JU N 5 JU N 12 JU N 19 JU N 26 JU L 3 J U L 10 J U L 17 J U L 24 JU L 31 AUG 7 AU G 14 AUG 21 AUG 28 SEP 4 SEP 11 S E P 18 SEP 25 OCT 2 OCT 9 OCT 16 OCT 23 OCT 30 NOV 6 NOV 13 NOV 20 NOV 27 DEC 4 DEC 11 D EC 18 DEC 25 35656 36296 37702 36610 36139 35475 35348 35388 34851 34633 34748 35209 34774 35443 35002 36256 36055 36845 36336 36646 36616 36349 36279 35789 36708 36536 37274 36868 37824 37417 37204 36920 36936 37156 37066 37239 36737 37086 36946 37533 36601 37415 36456 36819 36995 36479 36812 36769 36961 36293 36762 36845 NONBORROW ED RESERVES 34446 35520 36714 35428 34919 34477 34195 34012 33600 33721 33765 33726 33061 33940 33808 34440 34116 34688 34720 34669 33526 32743 33225 33060 33485 33748 33839 34228 34649 33776 33514 33831 33895 33719 33533 33333 33653 34165 33415 34315 34356 35671 35134 35181 35870 35382 35445 35290 35891 35645 35944 36183 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES 34446 35520 36715 35432 34927 34477 34195 34012 33600 33721 33765 33726 33061 33940 33808 34440 34116 34688 34736 35033 34552 33902 34442 34299 34651 34983 35141 35595 36082 35239 35025 35344 35404 35267 35093 34909 35237 35742 35019 36155 35682 35767 35231 35273 35961 35467 35619 35539 36121 35762 36086 36322 35268 36210 37374 36693 35880 35351 35054 35274 34645 34515 34632 35129 34605 35217 34940 35927 35916 36668 36201 36470 36487 36170 36054 35658 36461 36437 36905 36590 37840 37302 37020 36692 36823 36947 36920 36918 36628 37004 36872 37077 36656 37088 36615 36576 36672 36335 36785 36459 36678 36452 36545 36416 EXCESS RESERVES 388 86 328 -8 3 259 124 294 114 206 118 116 80 169 226 62 329 139 177 135 176 129 179 225 131 247 99 369 278 -1 6 115 184 228 113 209 146 321 109 82 74 456 -5 5 327 -1 5 9 243 323 144 27 310 283 -1 5 9 217 429 MONETARY BASE 100210 101004 101849 100225 99165 99203 99524 99519 98450 99111 99707 100044 99290 100382 101122 102310 101498 102066 102732 103084 102931 102624 103008 103168 103857 103191 104688 105209 105718 104872 104275 104985 105288 105252 104630 105413 105396 105357 104696 105311 105668 106567 105272 105288 106533 106791 106968 106879 107758 107802 108328 108880 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1975 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 37590 37312 38207 38265 37240 36975 36030 35118 34606 34795 34482 34510 34819 35087 34670 35295 35249 35495 35237 34517 34702 34209 34511 33707 34937 34706 35481 34612 34864 34898 34999 34553 34163 34629 34470 34529 34098 34552 34617 35444 34260 34722 34605 34729 35004 33790 34751 34719 34859 34429 35142 34836 35611 NONBORROW ED RESERVES 37029 37001 37598 37671 37098 36877 35940 34889 34426 34725 34422 34343 34664 35036 34640 35273 35084 35254 35203 34500 34581 34125 34427 33669 34860 34518 34610 34390 34662 34516 34746 34373 33984 34425 34198 34307 33713 34225 34222 34863 34021 34549 34372 34634 34937 33751 34693 34645 34792 34399 35097 34617 35358 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D RESERVES PLU S EX T CR 37171 37111 37782 37869 37169 36938 35996 34940 34474 34770 34462 34381 34695 35070 34658 35278 35090 35262 35205 34502 34585 34129 34436 33679 34874 34540 34634 34409 34682 34534 34767 34385 33992 34438 34212 34323 33729 34240 34234 34875 34033 34564 34393 34634 34939 33753 34695 34657 34802 34406 35111 34630 35372 37013 37175 38249 38079 37066 36580 35971 34960 34447 34386 34252 34490 34675 34808 34552 35076 35179 35306 34926 34518 34631 34045 34177 33743 34603 34615 35085 34479 34791 34695 34718 34354 34147 34418 34174 34228 34104 34285 34584 34982 34284 34409 34576 34443 34140 33778 34566 34507 34530 34263 34895 34625 35197 EXCESS RESERVES 577 137 -4 2 186 174 395 59 158 159 409 230 20 144 279 118 219 70 189 311 -1 71 164 334 -3 6 334 91 396 133 73 203 281 199 16 211 296 301 -6 267 33 462 -2 4 313 29 286 864 12 185 212 329 166 247 211 414 M ONETARY BASE 108654 108471 108775 108308 106530 106687 106460 105523 104338 105252 105799 105668 105725 106190 106747 107127 106672 106404 107273 106974 107156 106720 107432 107677 108736 108199 109310 109930 109692 109214 108740 109257 109241 109412 108590 109075 109268 109253 108788 109299 109519 110168 109667 109277 110452 110397 111301 111149 111870 112296 112922 113070 113250 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT A D JU S T E D TOTAL RESERVES 1976 JA N JA N JA N JA N FEB FEB FEB FEB MAR M AR MAR M AR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 35531 35813 36220 35072 35069 33769 34540 33656 34088 33379 33710 33562 34236 33587 33762 34447 34384 35296 33720 34136 33597 33825 33127 33971 33582 34789 34521 33919 34420 34219 34691 33562 34408 33818 34052 33564 33835 33496 34577 34433 33800 34686 34184 34778 34027 35252 34392 35113 34313 35456 35154 35834 FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BORROW ED RESERVES 35464 35768 36067 35014 35014 33718 34484 33508 34004 33331 33670 33484 34200 33563 33701 34408 34326 35266 33665 34014 33461 33583 33034 33922 33417 34623 34395 33743 34361 34060 34534 33440 34323 33750 33959 33519 33774 33452 34490 34332 33753 34638 34064 34576 33977 35198 34348 35026 34287 35387 35117 35752 IN 35483 35783 36074 35020 35022 33726 34498 33516 34011 33336 33673 33486 34200 33563 33701 34408 34326 35266 33665 34014 33461 33583 33034 33922 33417 34623 34395 33743 34361 34060 34534 33440 34323 33750 33959 33519 33774 33452 34490 34332 33753 34638 34064 34576 33977 35198 34348 35026 34287 35387 35117 35752 RESERVE R E Q U IR E M E N T S 35232 35627 35986 34907 34652 33719 34040 33773 33678 33276 33509 33451 33838 33464 33589 34317 34272 34855 33753 33891 33519 33372 33197 33400 33762 34324 33959 33890 34192 34187 34255 33598 34071 33700 33762 33291 33576 33454 34378 34099 33588 34587 34073 34317 34005 34818 34272 34729 34188 34989 35083 35486 EXCESS RESERVES 299 186 234 165 417 50 500 -1 1 7 410 103 201 111 398 123 173 130 112 441 -3 3 245 78 453 -7 0 571 -1 8 0 465 562 29 228 32 436 -3 6 337 118 290 273 259 42 199 334 212 99 111 461 22 434 120 384 125 467 71 348 M ONETARY BASE 112950 112737 112512 110704 111018 110630 111347 109715 110559 111250 111468 111090 111482 112185 112875 113578 112659 114388 113579 113747 112835 113790 114019 114589 113811 114670 116246 115627 115674 114847 115845 115681 116201 114954 114811 115940 115740 115048 115476 116737 116507 116837 115779 116967 117665 118811 118086 118836 119136 120406 120392 121039 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1977 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 35974 35799 36830 36193 35275 34595 34553 34157 34083 33607 34029 33921 34758 34264 33988 35162 35240 35831 34678 34946 33933 34418 33734 34104 34696 35064 35619 34635 35519 35195 35919 34890 35401 34800 35345 34797 35060 34924 35614 36218 34798 36369 35502 35981 35551 36221 35856 35938 35686 36275 36570 36807 NONBORROW ED RESERVES 35943 35779 36721 36104 35189 34520 34424 34121 34053 33587 34005 33583 34700 34199 33950 35133 35141 35616 34522 34819 33622 34188 33508 33881 34425 34730 35354 34475 35113 34900 35321 34305 34603 33135 33952 34161 34723 34186 34896 35335 33747 34508 34058 34868 34664 35687 34975 34865 35103 35766 36043 36121 S E A S O N A LLY A D JU S T E D W ONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 35943 35779 36721 36104 35189 34520 34424 34121 34053 33587 34005 33583 34700 34199 33950 35133 35141 35616 34522 34819 33622 34188 33508 33881 34425 34730 35354 34475 35113 34900 35321 34305 34603 33135 33952 34161 34723 34186 34896 35335 33747 34508 34058 34868 34664 35687 34975 34865 35103 35766 36043 36121 35461 35395 36941 35769 35145 34339 34389 33928 33933 33334 33861 33844 34404 34008 33714 35128 35076 35529 34632 34728 33798 34009 33701 33858 34623 34914 35125 34371 35307 35121 35495 34787 35199 34772 34974 34566 34739 34927 35382 35817 34629 36285 35300 35716 35396 35804 35867 35500 35671 35962 36425 36562 EXCESS RESERVES 513 404 -1 1 1 424 130 256 164 229 150 273 168 77 354 256 274 34 164 302 46 218 135 409 33 246 73 150 494 264 212 74 424 103 202 28 371 231 321 -3 232 401 169 84 202 265 155 417 -1 1 438 15 313 145 245 M ONETARY BASE 120609 120243 120549 119112 117942 118552 118249 117752 117348 118338 118745 118411 118946 120112 120282 120819 120297 121490 121410 121465 120006 121057 121242 121563 121964 122005 124798 123689 124125 123315 124445 124547 ^ 24661 123528 123482 124776 124583 124020 124079 125680 125396 126534 125123 125739 127143 127932 127548 127545 128448 129377 130046 130877 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1978 JA N JA N JA N JA N FEB FEB FEB FEB MAR M AR MAR M AR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 37902 37240 39834 38091 37450 37304 37098 36672 36132 35664 35981 36267 36450 36630 35904 37740 36963 37923 37183 37395 36465 36928 36313 37155 37742 37503 39043 36810 39488 38004 38058 37159 37872 37307 37804 37600 37236 37462 38441 38869 37997 38756 38068 38408 37927 37974 41312 41283 41465 41063 41802 41357 NONBORROW ED RESERVES 37396 36798 39416 37499 36981 36811 36817 36226 35741 35268 35733 35987 36064 36326 35733 37502 36154 36259 35495 36529 35764 35529 35668 36362 36548 35787 37850 35907 37899 36542 36620 36281 36909 35701 36781 36435 36726 36539 36881 37583 36758 37506 36754 37103 37229 37341 40708 40491 40767 40472 41235 39944 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 37396 36798 39416 37499 36981 36811 36817 36226 35741 35268 35733 35987 36064 36326 35733 37502 36154 36259 35495 36529 35764 35529 35668 36362 36548 35787 37850 35907 37899 36542 36620 36281 36909 35701 36781 36435 36726 36539 36881 37583 36758 37506 36754 37103 37229 37341 40708 40491 40767 40472 41235 39944 37615 36935 39573 37776 37292 36934 36920 36380 36012 35400 35850 36119 36215 36323 35916 37435 37020 37608 37000 37389 36218 36529 36264 37042 37516 37335 38324 37037 39116 38041 37705 37144 37549 37316 37535 37295 37123 37287 38218 38746 37647 38875 37749 38295 37586 37729 41162 41130 41138 40911 41565 41412 EXCESS RESERVES 287 305 261 315 158 370 178 292 120 264 131 148 235 307 -1 2 305 -5 7 315 183 6 247 399 49 113 226 168 719 -2 2 7 372 -3 7 353 15 323 -9 269 305 113 175 223 123 350 -1 1 9 319 113 341 245 150 153 327 152 237 -5 5 M ONETARY BASE 131069 130211 132003 129397 128374 129532 129385 128926 127693 128631 129122 129430 129349 130372 130461 132006 130655 132101 132653 132641 131399 132183 132675 133565 133867 133241 136516 134828 136893 134756 134898 135420 135822 134939 134778 136504 135878 135646 136003 137337 137782 138133 136887 137178 138586 138944 142488 142298 143496 143631 144602 145294 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1979 JA N JA N JA N JA N JA N FEB FEB FEB FEB M AR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 43420 41722 44860 42983 42607 41517 40691 40878 39726 40394 39950 40491 39941 40430 39448 41288 40829 41811 40588 40607 39613 39771 39665 39327 40604 40181 41448 39476 41572 41200 41146 40256 40727 40657 41108 40894 40193 40918 41545 42136 41264 42567 41716 43633 42499 42919 43362 43027 43636 43506 44345 43969 NONBORROW ED RESERVES 42237 41036 43964 42060 41179 40700 39637 39940 38643 39367 39068 39467 38859 39563 38820 40339 39838 40594 39100 38848 37910 37444 38325 38028 39280 38595 39771 38535 40390 39908 40200 39494 39704 39271 39991 39554 38963 39156 40386 41022 40327 41039 38756 40582 40571 41058 41498 41032 41817 42217 42659 42744 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES 42237 41036 43964 42060 41179 40700 39637 39940 38643 39367 39068 39467 38859 39563 38820 40339 39838 40594 39100 38848 37910 37444 38325 38028 39280 38595 39771 38535 40390 39908 40200 39494 39704 39271 39991 39554 38963 39156 40386 41022 40327 41039 38756 40582 40571 41058 41498 41032 41817 42217 42659 42744 42694 41844 44456 42967 42267 41238 40580 40521 39637 40190 39849 40345 39858 40042 39292 41130 40716 41661 40514 40350 39596 39588 39305 39249 40472 40030 40802 39513 41205 41214 40856 40115 40428 40643 40738 40489 40095 40721 41519 41769 40723 42583 41552 43274 42090 42622 43257 42861 43388 43140 43693 43603 EXCESS RESERVES 726 -1 2 2 404 16 340 279 111 357 89 204 101 146 83 388 156 158 113 150 74 257 17 183 360 78 132 151 646 -3 7 367 -1 4 290 141 299 14 370 405 98 197 26 367 541 -1 6 164 359 409 297 105 166 248 366 652 366 MONETARY BASE 146157 144299 146444 143724 142592 142766 142028 142228 140409 142677 142195 142639 141655 143234 143508 145345 143809 144756 145166 145048 143735 144131 145216 145152 146115 145288 148132 147268 148945 147983 147711 148495 148929 148544 148134 149795 149168 149343 149264 150494 151367 152097 150643 152049 152748 153758 154200 153635 154698 155686 156723 157525 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1980 JA N JA N JA N JA N JA N FEB FEB FEB FEB M AR MAR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 2 9 16 23 30 6 13 20 27 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 44737 44671 46414 45271 44692 43736 42319 43992 42792 42998 42409 43445 42972 43843 44290 44843 45491 45194 44530 43488 44159 43595 44151 42948 43413 43240 44069 43058 43863 43724 40801 40369 39399 40912 40410 41075 40224 40744 41643 42234 41132 41188 42198 41966 42599 42090 40600 40304 40843 39539 41021 40857 41146 NONBORROW ED RESERVES 43306 43941 45187 44068 42873 42978 41080 41800 40732 40492 38971 40445 40313 41581 41906 42567 42938 42531 43199 42468 43321 42471 43692 42547 43017 42922 43721 42843 43531 43370 40172 39541 39009 40567 39710 39727 39630 39531 40013 40361 39884 40081 40995 40526 40721 40023 38621 38089 38701 37753 39516 39208 39519 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES 43306 43941 45187 44068 42873 42978 41080 41800 40732 40492 38971 40445 40506 41922 42343 43039 43549 43279 43966 43282 44061 43287 44045 42916 43293 43196 43995 43041 43742 43679 40458 39799 39282 40828 39911 39925 39687 39531 40259 40361 39884 40081 40995 40526 40721 40023 38621 38089 38701 37754 39520 39212 39524 44185 44543 46031 45145 44449 43224 42371 43450 42999 42467 42331 43265 42991 43556 44132 44636 45254 45034 44202 43453 43880 43614 43766 42809 43268 43080 43778 42556 43596 43713 40492 39759 39305 40588 40285 40601 40046 40409 41564 41884 40780 40953 42120 41930 42032 41686 40017 39995 39910 39236 40587 40232 40631 EXCESS RESERVES 552 128 383 126 243 512 -5 2 542 -2 0 7 531 78 180 -1 9 287 158 207 237 160 328 35 279 -1 9 385 139 145 160 291 502 267 11 309 610 94 324 125 474 178 335 79 350 352 235 78 36 567 404 583 309 933 303 434 625 515 MONETARY BASE 156891 157200 157684 155694 154131 154691 153498 155259 153080 154417 154787 155678 154570 155858 158124 157848 158007 157241 158423 157476 158009 157733 158683 158627 158922 158203 159717 161120 161212 160568 156978 158482 157729 158774 157641 159274 159108 159133 159287 159673 160571 160984 161382 160496 162489 163721 160937 160443 161926 161784 163125 163980 163555 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1981 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR M AR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 40987 41794 42826 41224 40810 39530 40214 39272 40019 39001 39753 39590 40305 38999 40042 40899 41242 41554 40148 40532 40205 40166 39499 40552 40691 41284 40449 40666 41712 41258 40652 40097 41576 41508 41141 39765 40224 40667 41551 40334 40106 41462 40857 40904 40157 41162 41073 41623 40851 42320 42132 42362 A D JU S T ED FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NON BORROW ED RESERVES R E Q U IR E D P LU S EX T CR RESERVES NON BORROW ED RESERVES 39870 40462 41407 39431 39609 38417 39069 37559 38720 38233 38979 38702 38841 38112 38900 40035 38964 39083 38414 38578 37282 38212 37292 38657 38386 39549 38583 39371 39982 39280 39534 38826 40119 39782 39693 38180 38875 39221 40103 39188 38996 40207 39670 39667 39148 40601 40736 41306 40233 41922 41511 41479 IN 39876 40474 41637 39479 39646 38438 39087 37576 38740 38251 38998 38711 38849 38121 38908 40042 38971 39089 38419 38583 37288 38219 37299 38665 38393 39553 38585 39374 39985 39284 39538 38829 40178 39937 39884 38416 39162 39546 40490 39601 39419 40651 40134 40119 39259 40727 40859 41431 40358 42057 41672 41652 RESERVE R E Q U IR E M E N T S 40625 41544 42438 40756 40369 39128 39696 39293 39435 38861 39518 39520 39765 38936 39729 40822 41102 41173 40017 40379 39840 39878 39277 40233 40277 40852 40031 40513 41313 40867 40356 39896 41243 41204 40800 39322 39822 40397 40989 40123 39750 41175 40641 40529 39638 41008 40765 41231 40564 42118 41751 42019 EXCESS RESERVES 362 250 388 468 441 402 518 -2 1 584 140 235 70 540 63 313 77 140 381 131 153 365 288 222 319 414 432 418 153 399 391 296 201 333 304 341 443 402 270 562 211 356 287 216 375 519 154 308 392 287 202 381 343 MONETARY BASE 162542 162041 162202 159170 159302 159269 160178 157848 159356 159435 160075 159465 160390 161141 162346 162649 161804 163923 162954 162855 162673 162541 163431 164059 163646 164278 166552 165914 166370 164934 165567 165998 166788 165493 164919 165153 164510 163860 163924 164728 165110 165485 164020 165292 166474 167114 166948 167904 168797 170292 171202 171472 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1982 JA N JA N JA N JA N FEB FEB FEB FEB MAR M AR MAR M AR M AR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 42771 42513 44832 42875 42775 40681 42008 40662 41050 38442 39260 39138 39288 38431 38702 40423 40388 40553 39160 39722 39026 39585 38550 39585 39792 40332 39717 39109 40657 40365 39988 39490 40638 40307 40423 39367 39554 40254 40557 40250 39349 41237 41089 41245 40311 41535 41177 41853 40928 42062 42279 42008 NONBORROW ED RESERVES 41319 41515 43881 40406 40924 39019 40100 38760 39488 36996 37798 37486 37632 36951 37367 38770 38565 39054 38043 38756 37980 38537 37246 38656 38778 38716 38647 38550 40063 39817 39309 39121 40156 39698 39916 38419 38224 39444 39804 39644 38984 40721 40637 40787 39589 40793 40710 41231 40491 41359 41733 41318 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 41512 41709 44076 40605 41136 39244 40327 38982 39776 37302 38099 37797 37956 37230 37601 39018 38792 39268 38235 38935 38142 38669 37361 38760 38874 38809 38734 38620 40096 39841 39329 39185 40279 39816 40032 38535 38340 39562 39928 39767 39101 40831 40816 40983 39779 40981 40896 41416 40677 41548 41922 41509 42149 42169 44304 42703 42294 40537 41440 40659 40537 38135 38923 38868 38821 38159 38384 40252 40105 40113 38901 39282 38930 38913 38401 39353 39572 39804 39216 38925 40390 40054 39694 39164 40319 40047 40061 38702 39234 40004 40272 39739 38887 40976 40770 40703 39969 41137 40853 41357 40614 41508 42049 41245 EXCESS RESERVES 622 344 528 172 481 144 568 3 513 307 337 270 467 272 318 171 283 440 259 440 96 672 149 232 220 528 501 184 267 311 294 326 319 260 362 665 320 250 285 511 462 261 319 542 342 398 324 496 314 554 230 763 M ONETARY BASE 171405 169749 171128 167991 168218 167455 169012 165972 166922 165893 166577 165837 165613 167423 168270 168970 168211 169875 169819 170141 168926 170828 171126 171701 171183 171229 174172 172828 173544 172274 173132 173964 174728 173236 172808 173837 173231 173064 172422 174434 174406 175274 174191 175343 176516 177389 176946 177758 178608 180116 181248 181566 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1983 JA N JA N JA N JA N FEB FEB FEB FEB M AR M AR MAR M AR M AR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 42349 41276 43122 41529 40907 39335 40030 39686 39841 37343 37781 38225 38288 37929 37729 39389 39071 39537 37980 38133 38070 38219 37644 37928 39000 39042 38923 37742 39829 39254 39016 38087 38806 38751 38846 37671 37118 38431 38375 38156 37275 38447 38632 38201 37436 38033 38257 38834 38176 38440 39421 39003 A D JU S T E D FOR CHANGES NOT S E A S O N A L LY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BORROW ED RESERVES 41151 40851 42657 41204 40524 38965 39162 39211 39131 36717 36891 37584 37391 36167 37147 38723 37900 38612 37273 37060 37119 37101 36737 36117 37288 36940 36689 36595 38593 37867 37705 36567 37332 37172 37134 36425 35968 36334 37097 36743 36004 37870 38067 37761 36394 37012 37444 37957 37738 37811 38367 38250 IN 41294 40984 42770 41401 40735 39199 39436 39546 39426 37014 37217 37930 37696 36495 37500 39128 38384 39105 37779 37579 37630 37631 37190 37213 38349 38202 37792 37029 39053 38331 38150 37024 37834 37696 37633 36914 36469 36854 37639 37282 36649 37966 38072 37766 36397 37016 37448 37970 37740 37812 38368 38253 RESERVE R E Q U IR E M E N T S 41357 40987 42498 41024 40486 39020 39411 39380 39307 36875 37370 37893 37824 37297 37166 39170 38612 38935 37572 37755 37620 37743 37020 37578 38591 38557 38069 37246 39503 38882 38454 37693 38358 38350 38353 36914 36714 38086 37926 37534 36546 38106 38178 37827 36856 37388 37958 38198 37671 37953 38776 38567 EXCESS RESERVES 992 289 624 505 421 315 619 306 534 468 411 332 464 632 563 219 459 602 408 378 450 476 624 350 409 485 854 496 326 372 562 394 448 401 493 757 404 345 449 622 729 341 454 374 580 645 299 636 505 487 645 436 M ONETARY BASE 181182 179499 180216 177384 176682 177043 177594 177082 177020 176825 177193 177276 177156 179230 179423 180330 179383 181151 181306 181175 180501 181785 182782 182869 183433 182777 186151 184513 185837 184419 185160 185975 186008 184922 184293 185878 184706 185159 184077 185558 186421 186992 186605 186557 188162 189111 189197 189555 190459 191304 193079 193433 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1984 JA N JA N JA N JA N FEB FEB FEB FEB FEB MAR M AR M AR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 29 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 40139 39662 41083 40250 39365 36832 36832 35633 35633 36368 36368 36017 36017 36760 36760 37660 37660 36599 36599 36544 36544 36362 36362 37892 37892 37695 37695 37979 37979 36893 36893 37620 37620 36882 36882 37581 37581 38275 38275 38635 38635 38420 38420 38410 38410 39413 39413 39644 39644 40132 40132 41797 A D JU S T E D FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BORROW ED RESERVES 38848 39099 40302 39745 38688 36276 36276 35062 35062 35678 35678 34881 34881 35446 35446 36428 36428 35535 35535 32365 32365 33292 33292 34927 34927 33786 33786 32621 32621 29738 29738 29633 29633 28737 28737 29826 29826 31165 31165 32470 32470 32187 32187 33037 33037 34938 34938 35393 35393 36901 36901 39106 IN 38853 39101 40306 39751 38691 36279 36279 35069 35069 35700 35700 34912 34912 35483 35483 36472 36472 35596 35596 32398 32398 33308 33308 36901 36901 36632 36632 37235 37235 35836 35836 36609 36609 35921 35921 36827 36827 37534 37534 37617 37617 37617 37617 37221 37221 38826 38826 38881 38881 39675 39675 41144 RESERVE R E Q U IR E M E N T S 39181 38980 40608 39670 38862 35656 35656 34943 34943 35634 35634 35322 35322 36413 36413 37091 37091 36020 36020 35937 35937 35865 35865 37208 37208 36645 36645 37499 37499 36233 36233 36914 36914 36212 36212 36930 36930 37744 37744 37723 37723 37984 37984 37949 37949 38800 38800 38601 38601 39617 39617 40625 EXCESS RESERVES 958 682 475 580 503 1175 1175 689 689 733 733 695 695 346 346 569 569 579 579 608 608 497 497 684 684 1051 1051 480 480 660 660 707 707 671 671 652 652 531 531 912 912 436 436 461 461 614 614 1043 1043 515 515 1172 M ONETARY BASE 193739 193513 193430 191123 189405 188680 188680 186591 186591 189144 189144 188862 188862 191322 191322 192387 192387 192314 192314 192552 192552 192806 192806 195716 195716 195536 195536 197840 197840 195927 195927 197735 197735 196194 196194 197748 197748 197077 197077 198089 198089 198041 198041 198291 198291 200836 200836 200980 200980 203469 203469 206326 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1985 2 JA N 9 JA N JA N 16 JA N 23 JA N 30 6 FEB F E B 13 FEB 20 FEB 27 M AR 6 M AR 13 M AR 2 0 M AR 27 APR 3 A PR 10 A PR 17 A PR 24 MAY 1 8 MAY MAY 15 MAY 22 MAY 2 9 JU N 5 JU N 12 JU N 19 JU N 26 JU L 3 J U L 10 J U L 17 J U L 24 JU L 31 AUG 7 AUG 14 AUG 21 AUG 28 4 SEP SEP 11 S EP 18 SEP 25 OCT 2 OCT 9 OCT 16 OCT 23 OCT 30 NOV 6 NOV 13 NOV 20 NOV 27 4 DEC DEC 11 D EC 18 DEC 25 41797 41800 41800 40319 40319 40491 40491 39986 39986 40370 40370 40186 40186 41256 41256 42285 42285 40903 40903 41008 41008 41073 41073 42648 42648 42588 42588 43257 43257 42321 42321 42991 42991 42803 42803 43536 43536 44782 44782 45497 45497 45507 45507 45296 45296 46342 46342 47052 47052 47689 47689 48917 A D JU S T E D FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NONBO RROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BORROW ED RESERVES 39106 40169 40169 39344 39344 39123 39123 38812 38812 38506 38506 38897 38897 39481 39481 41127 41127 39950 39950 39574 39574 39556 39556 41525 41525 41422 41422 41974 41974 41404 41404 42001 42001 41716 41716 42145 42145 43612 43612 44103 44103 44389 44389 44221 44221 45164 45164 44124 44124 46848 46848 47580 IN 41144 41540 41540 39936 39936 40110 40110 39415 39415 39730 39730 39736 39736 40775 40775 41893 41893 40345 40345 39943 39943 40469 40469 42137 42137 42042 42042 42457 42457 41910 41910 42510 42510 42325 42325 42813 42813 44268 44268 44729 44729 45038 45038 44819 44819 45685 45685 44627 44627 47372 47372 48051 RESERVE R E Q U IR E M E N T S 40625 41188 41188 39598 39598 39537 39537 39191 39191 39719 39719 39477 39477 40643 40643 41400 41400 40234 40234 40248 40248 40260 40260 41861 41861 41461 41461 42608 42608 41392 41392 42280 42280 41841 41841 42838 42838 44133 44133 44876 44876 44733 44733 44508 44508 45466 45466 46005 46005 46875 46875 47644 EXCESS RESERVES 1172 613 613 722 722 955 955 796 796 652 652 710 710 613 613 885 885 669 669 760 760 814 814 787 787 1127 1127 649 649 930 930 711 711 962 962 699 699 649 649 621 621 775 775 788 788 876 876 1047 1047 815 815 1274 MONETARY BASE 206326 204901 204901 200993 200993 201838 201838 201362 201362 202987 202987 202332 202332 204535 204535 206041 206041 204865 204865 206776 206776 207170 207170 210753 210753 210199 210199 213650 213650 211343 211343 213451 213451 212617 212617 214096 214096 214487 214487 215197 215197 216885 216885 215889 215889 219179 219179 220322 220322 222883 222883 225084 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1986 JA N 1 JA N 8 JA N 15 JA N 22 JA N 29 FEB 5 FE B 12 FEB 19 FEB 26 5 M AR M AR 12 MAR 19 M AR 2 6 APR 2 APR 9 APR 16 APR 23 A PR 30 7 MAY MAY 14 MAY 2 1 MAY 28 JU N 4 JU N 11 JU N 18 JU N 25 JU L 2 JU L 9 JU L 16 JU L 23 JU L 30 AUG 6 AUG 13 AUG 20 AUG 27 SEP 3 SEP 10 S E P 17 SEP 24 OCT 1 OCT 8 OCT 15 OCT 22 OCT 29 5 NOV NOV 12 NOV 19 NOV 26 DEC 3 DEC 10 DEC 17 DEC 24 DEC 31 48917 49581 49581 46679 46679 46798 46798 46427 46427 47106 47106 47103 47103 48046 48046 49509 49509 48510 48510 48268 48268 48602 48602 50243 50243 49987 49987 51524 51524 50586 50586 51138 51138 51154 51154 52057 52057 53622 53622 53883 53883 54913 54913 54705 54705 56439 56439 56988 56988 58244 58244 61428 61428 A D JU S T ED FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BORROW ED RESERVES 47580 48967 48967 45777 45777 46137 46137 45328 45328 46402 46402 46334 46334 47172 47172 48649 48649 47529 47529 47441 47441 47731 47731 49525 49525 49108 49108 50766 50766 49884 49884 50379 50379 50244 50244 50946 50946 52641 52641 52982 52982 54143 54143 53806 53806 55628 55628 56378 56378 57731 57731 60242 60242 IN 48051 49438 49438 46305 46305 46616 46616 45833 45833 46876 46876 46868 46868 47748 47748 49319 49319 48166 48166 48012 48012 48297 48297 50050 50050 49633 49633 51208 51208 50178 50178 50752 50752 50759 50759 51538 51538 53210 53210 53520 53520 54630 54630 54282 54282 56065 56065 56746 56746 58041 58041 60524 60524 RESERVE R E Q U IR E M E N T S 47644 48294 48294 45743 45743 45629 45629 45408 45408 46142 46142 46187 46187 47479 47479 48703 48703 47612 47612 47554 47554 47600 47600 49627 49627 48755 48755 50871 50871 49528 49528 50592 50592 50279 50279 51268 51268 52964 52964 53287 53287 54170 54170 53947 53947 55599 55599 55865 55865 57511 57511 59369 59369 EXCESS RESERVES 1274 1287 1287 937 937 1170 1170 1020 1020 964 964 916 916 567 567 807 807 898 898 715 715 1003 1003 617 617 1232 1232 653 653 1059 1059 546 546 875 875 789 789 658 658 597 597 743 743 758 758 840 840 1123 1123 733 733 2059 2059 M ONETARY BASE 225084 224181 224181 218947 218947 219168 219168 219570 219570 220938 220938 221498 221498 223626 223626 225684 225684 224520 224520 226207 226207 226889 226889 230477 230477 229497 229497 233861 233861 231453 231453 233301 233301 232846 232846 234404 234404 235224 235224 235429 235429 238164 238164 237196 237196 241555 241555 242523 242523 245705 245705 250634 250634 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1987 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 61557 61557 58245 58245 57644 57644 56592 56592 56974 56974 56848 56848 57717 57717 60524 60524 59166 59166 58098 58098 58182 58182 59159 59159 58577 58577 59584 59584 58286 58286 58328 58328 58272 58272 58749 58749 60340 60340 60106 60106 61061 61061 61832 61832 61183 61183 61088 61088 62107 62107 62183 62183 NONBORROW ED RESERVES 61052 61052 57557 57557 57220 57220 55913 55913 56508 56508 56320 56320 57076 57076 59568 59568 57756 57756 57269 57269 57088 57088 58524 58524 57721 57721 58888 58888 57634 57634 57764 57764 57554 57554 58102 58102 59339 59339 58911 58911 60054 60054 61155 61155 60622 60622 60405 60405 61293 61293 61512 61512 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 61267 61267 57783 57783 57485 57485 56212 56212 56783 56783 56583 56583 57324 57324 59835 59835 58055 58055 57544 57544 57385 57385 58777 58777 58010 58010 59149 59149 57767 57767 57883 57883 57681 57681 58275 58275 59870 59870 59379 59379 60536 60536 61545 61545 60956 60956 60870 60870 61946 61946 61828 61828 60680 60680 57033 57033 56208 56208 55530 55530 56021 56021 55866 55866 57029 57029 59703 59703 58115 58115 57066 57066 57042 57042 58313 58313 56947 56947 59081 59081 57240 57240 57488 57488 57116 57116 57546 57546 59825 59825 59306 59306 60115 60115 60256 60256 60655 60655 59855 59855 60890 60890 61354 61354 EXCESS RESERVES 877 877 1212 1212 1436 1436 1063 1063 953 953 982 982 688 688 822 822 1051 1051 1033 1033 1140 1140 846 846 1630 1630 503 503 1046 1046 840 840 1157 1157 1203 1203 515 515 800 800 946 946 1576 1576 527 527 1233 1233 1217 1217 828 828 MONETARY BASE 249505 249505 244213 244213 244774 244774 243562 243562 244290 244290 244817 244817 246083 246083 250889 250889 249133 249133 249847 249847 250215 250215 253344 253344 251973 251973 255988 255988 253382 253382 254324 254324 254107 254107 254576 254576 256252 256252 255585 255585 258338 258338 259137 259137 261803 261803 262109 262109 264984 264984 267525 267525 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1988 JA N 6 JA N 13 JA N 20 JA N 27 FEB 3 F E B 10 F E B 17 F E B 24 MAR 2 MAR 9 MAR 1 6 M AR 23 MAR 30 APR 6 A P R 13 APR 20 APR 27 MAY 4 MAY 11 MAY 18 MAY 25 JU N 1 JU N 8 JU N 15 JU N 22 JU N 29 JU L 6 J U L 13 JU L 20 JU L 27 AUG 3 AUG 10 AUG 17 AUG 24 AUG 31 SEP 7 S E P 14 SEP 21 SEP 28 OCT 5 O CT 12 OCT 19 OCT 26 NOV 2 NOV 9 NOV 16 NOV 23 NOV 30 DEC 7 D EC 14 DEC 21 DEC 28 64129 64129 61839 61839 60662 60662 59812 59812 59561 59561 60076 60076 60608 60608 62832 62832 61881 61881 60880 60880 60129 60129 62254 62254 61772 61772 63480 63480 62292 62292 62109 62109 61932 61932 61899 61899 62737 62737 61538 61538 62462 62462 61436 61436 63203 63203 61813 61813 63497 63497 63636 63636 NONBORROW ED RESERVES 62185 62185 61331 61331 60375 60375 59387 59387 59024 59024 58152 58152 57791 57791 59214 59214 59657 59657 58705 58705 57009 57009 58790 58790 59115 59115 59824 59824 59024 59024 58770 58770 58687 58687 58806 58806 59766 59766 59100 59100 60258 60258 59084 59084 59970 59970 59251 59251 61483 61483 62289 62289 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 62670 62670 61663 61663 60519 60519 59619 59619 59278 59278 59837 59837 60285 60285 62491 62491 61444 61444 60503 60503 59547 59547 61776 61776 61253 61253 62164 62164 61687 61687 61518 61518 61358 61358 61288 61288 61841 61841 60804 60804 61938 61938 61014 61014 62807 62807 61114 61114 63012 63012 63257 63257 62805 62805 60554 60554 59366 59366 58700 58700 58607 58607 59182 59182 59696 59696 62145 62145 60796 60796 59959 59959 58943 58943 61563 61563 60692 60692 62599 62599 61085 61085 61309 61309 60954 60954 60705 60705 61896 61896 60442 60442 61509 61509 60260 60260 61562 61562 61160 61160 62515 62515 62550 62550 EXCESS RESERVES 1324 1324 1284 1284 1296 1296 1112 1112 954 954 894 894 912 912 687 687 1086 1086 922 922 1186 1186 692 692 1080 1080 881 881 1207 1207 800 800 978 978 1195 1195 841 841 1096 1096 953 953 1177 1177 1641 1641 653 653 982 982 1086 1086 M ONETARY BASE 268449 268449 263972 263972 262637 262637 262422 262422 262333 262333 264025 264025 265298 265298 269530 269530 267507 267507 269286 269286 268632 268632 273019 273019 272031 272031 276792 276792 274361 274361 275129 275129 275069 275069 274359 274359 275744 275744 273482 273482 277158 277158 274634 274634 279136 279136 278351 278351 281575 281575 284004 284004 TABLE 5 AGGREGATE RESERVES OP DEPOSITORY INSTITUTIONS NOT TOTAL RESERVES 1989 JA N JA N JA N JA N FEB FEB FEB FEB M AR M AR M AR M AR M AR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 65425 65425 62752 62752 61573 61573 60296 60296 60371 60371 59962 59962 60285 60285 61423 61423 61633 61633 59216 59216 58034 58034 59909 59909 59054 59054 61057 61057 59842 59842 59481 59481 59810 59810 59206 59206 61083 61083 59338 59338 61112 61112 59955 59955 61019 61019 60967 60967 61907 61907 63033 63033 A D JU S T E D FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES NON BORROW ED RESERVES 63377 63377 61225 61225 60303 60303 58820 58820 58572 58572 58376 58376 58109 58109 58841 58841 59665 59665 57477 57477 56386 56386 57783 57783 58089 58089 60340 60340 59161 59161 58805 58805 59058 59058 58669 58669 60470 60470 58441 58441 60459 60459 59610 59610 60747 60747 60526 60526 61757 61757 62682 62682 IN 64584 64584 62253 62253 61095 61095 59931 59931 59821 59821 59540 59540 59784 59784 60810 60810 61052 61052 58683 58683 57534 57534 59440 59440 58376 58376 60486 60486 59251 59251 58860 58860 59102 59102 58690 58690 60490 60490 58465 58465 60478 60478 59632 59632 60767 60767 60549 60549 61778 61778 62700 62700 RESERVE R E Q U IR E M E N T S 64256 64256 61786 61786 60036 60036 59278 59278 59490 59490 59300 59300 58977 58977 61191 61191 60344 60344 58357 58357 56875 56875 59011 59011 58153 58153 60067 60067 58806 58806 58766 58766 58860 58860 58247 58247 60196 60196 58344 58344 60185 60185 58827 58827 60139 60139 59958 59958 61148 61148 62015 62015 EXCESS RESERVES 1169 1169 967 967 1537 1537 1018 1018 881 881 661 661 1308 1308 232 232 1289 1289 859 859 1159 1159 898 898 902 902 990 990 1035 1035 715 715 950 950 959 959 887 887 994 994 927 927 1128 1128 881 881 1009 1009 759 759 1018 1018 M ONETARY BASE 284913 284913 279809 279809 277302 277302 277516 277516 277520 277520 279152 279152 279252 279252 282420 282420 281015 281015 281092 281092 279683 279683 283496 283496 282165 282165 286670 286670 284334 284334 284153 284153 284642 2 (8 4 6 4 2 282951 282951 285179 285179 281824 281824 286022 286022 283275 283275 286851 286851 287609 287609 289939 289939 294110 294110 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT A D JU S T E D TOTAL RESERVES 1990 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 64961 64961 62468 62468 60955 60955 60553 60553 60430 60430 60734 60734 60711 60711 63341 63341 62145 62145 60584 60584 59537 59537 61188 61188 61066 61066 61842 61842 60484 60484 60363 60363 61277 61277 60197 60197 62292 62292 60954 60954 62004 62004 60121 60121 62114 62114 61972 61972 62073 62073 58034 58034 FOR CHANGES NOT S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES NON BORROW ED RESERVES 64622 64622 62168 62168 60090 60090 59073 59073 58463 58463 58556 58556 58555 58555 61459 61459 60990 60990 59609 59609 57815 57815 59897 59897 60500 60500 61262 61262 59652 59652 59455 59455 60154 60154 59559 59559 61587 61587 60438 60438 61603 61603 59724 59724 61832 61832 61779 61779 61943 61943 57530 57530 IN 64641 64641 62195 62195 60123 60123 59205 59205 60304 60304 60551 60551 60519 60519 63135 63135 61889 61889 60281 60281 58912 58912 60456 60456 60683 60683 61443 61443 59950 59950 59874 59874 60192 60192 59566 59566 61591 61591 60447 60447 61616 61616 59749 59749 61857 61857 61804 61804 61968 61968 57552 57552 RESERVE R E Q U IR E M E N T S 63843 63843 61626 61626 59734 59734 59584 59584 59634 59634 59997 59997 59633 59633 62674 62674 61039 61039 59657 59657 58525 58525 60709 60709 60047 60047 60945 60945 59607 59607 59599 59599 60367 60367 59304 59304 61546 61546 59831 59831 61021 61021 59471 59471 61131 61131 61006 61006 61514 61514 56113 56113 EXCESS RESERVES 1118 1118 842 842 1221 1221 969 969 796 796 738 738 1079 1079 666 666 1106 1106 927 927 1012 1012 479 479 1020 1020 897 897 877 877 764 764 910 910 893 893 746 746 1123 1123 984 984 650 650 983 983 966 966 560 560 1922 1922 M ONETARY BASE 295605 295605 291314 291314 288802 288802 290342 290342 290614 290614 292780 292780 293046 293046 298604 298604 296127 296127 297220 297220 296715 296715 300699 300699 300618 300618 303938 303938 303014 303014 303247 303247 306008 306008 304973 304973 308712 308712 306318 306318 310459 310459 307791 307791 312236 312236 312958 312958 313977 313977 313820 313820 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1991 JA N JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 55074 55074 49415 49415 49160 49160 48687 48687 47857 47857 48622 48622 48938 48938 51019 51019 49842 49842 49438 49438 48477 48477 50142 50142 50392 50392 51256 51256 50433 50433 50262 50262 50977 50977 50331 50331 52179 52179 50165 50165 51924 51924 51357 51357 52820 52820 52979 52979 54446 54446 55687 55687 NON BORROW ED RESERVES 54779 54779 48531 48531 48970 48970 48508 48508 47431 47431 48438 48438 48726 48726 50795 50795 49598 49598 49124 49124 48178 48178 49859 49859 50078 50078 50656 50656 49964 49964 49371 49371 50298 50298 49536 49536 51351 51351 49782 49782 51634 51634 51133 51133 52706 52706 52877 52877 54337 54337 55571 55571 S E A S O N A LLY A D JU S T E D NONBORROW ED R E Q U IR E D RESERVES RESERVES PLU S EXT CR 54800 54800 48559 48559 48999 48999 48534 48534 47481 47481 48485 48485 48788 48788 50871 50871 49701 49701 49252 49252 48237 48237 49868 49868 50085 50085 50661 50661 49968 49968 49559 49559 50579 50579 49942 49942 51847 51847 49823 49823 51640 51640 51146 51146 52708 52708 52878 52878 54337 54337 55572 55572 51480 51480 48477 48477 46438 46438 46935 46935 46637 46637 4761£ 47616 47563 47563 50218 50218 48644 48644 48469 48469 47357 47357 49411 49411 49110 49110 50375 50375 49492 49492 49393 49393 49917 49917 49058 49058 51447 51447 49122 49122 50908 50908 50191 50191 51907 51907 52045 52045 53842 53842 54484 54484 EXCESS RESERVES 3593 3593 938 938 2722 2722 1752 1752 1221 1221 1007 1007 1375 1375 801 801 1199 1199 970 970 1121 1121 731 731 1282 1282 882 882 941 941 870 870 1061 1061 1273 1273 732 732 1044 1044 1016 1016 1167 1167 913 913 934 934 605 605 1203 1203 M ONETARY BASE 312697 312697 308376 308376 307106 307106 309076 309076 308644 308644 311711 311711 311493 311493 315580 315580 312752 312752 314482 314482 313790 313790 316607 316607 316966 316966 320192 320192 319216 319216 318900 318900 321041 321041 319542 319542 322448 322448 319042 319042 323491 323491 322203 322203 326280 326280 326519 326519 331169 331169 334434 334434 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1992 JA N 1 JA N 8 JA N 15 JA N 22 JA N 29 FEB 5 FE B 12 FEB 19 FEB 26 MAR 4 M AR 11 MAR 18 MAR 25 APR 1 APR 8 A PR 15 APR 22 APR 29 MAY 6 MAY 13 MAY 2 0 MAY 27 JU N 3 JU N 10 JU N 17 JU N 24 JU L 1 JU L 8 J U L 15 JU L 22 JU L 29 AUG 5 AUG 12 AUG 19 AUG 26 SEP 2 SEP 9 SEP 16 SEP 23 S EP 30 OCT 7 O CT 14 OCT 21 OCT 28 NOV 4 NOV 11 NOV 18 NOV 25 DEC 2 DEC 9 DEC 16 DEC 23 DEC 30 57158 57158 55879 55879 54511 54511 55602 55602 55091 55091 56509 56509 56403 56403 50238 50238 50362 50362 48836 48836 48774 48774 48965 48965 49692 49692 49924 49924 50056 50056 49369 49369 50681 50681 49887 49887 51876 51876 51399 51399 53248 53248 52821 52821 54074 54074 54846 54846 55466 55466 56582 56582 57674 NONBORROW ED RESERVES 56637 56637 55743 55743 54381 54381 55533 55533 55028 55028 56434 56434 56286 56286 50183 50183 50244 50244 48683 48683 48617 48617 48814 48814 49504 49504 49469 49469 49841 49841 49129 49129 50432 50432 49629 49629 51556 51556 51140 51140 53064 53064 52704 52704 54008 54008 54709 54709 55372 55372 56522 56522 57405 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EX T CR RESERVES 56638 56638 55743 55743 54383 54383 55535 55535 55031 55031 56436 56436 56287 56287 50183 50183 50247 50247 48683 48683 48617 48617 48814 48814 49504 49504 49470 49470 49841 49841 49129 49129 50432 50432 49629 49629 51556 51556 51140 51140 53064 53064 52704 52704 54008 54008 54709 54709 55372 55372 56524 56524 57405 56020 56020 54966 54966 53488 53488 54435 54435 54151 54151 56001 56001 54788 54788 49174 49174 49150 49150 48209 48209 47277 47277 48492 48492 48521 48521 48884 48884 49106 49106 48447 48447 49856 49856 48820 48820 51081 51081 50217 50217 52099 52099 51750 51750 53346 53346 53485 53485 54625 54625 55357 55357 56289 EXCESS RESERVES 1138 1138 913 913 1023 1023 1168 1168 941 941 508 508 1616 1616 1065 1065 1212 1212 628 628 1497 1497 474 474 1171 1171 1041 1041 950 950 922 922 825 825 1067 1067 795 795 1182 1182 1149 1149 1071 1071 728 728 1361 1361 841 841 1225 1225 1385 M ONETARY BASE 336167 336167 333064 333064 330408 330408 334385 334385 332906 332906 336577 336577 335892 335892 332641 332641 332466 332466 333419 333419 333760 333760 335111 335111 336589 336589 338260 338260 340839 340839 339778 339778 343965 343965 341910 341910 347427 347427 345600 345600 349836 349836 349279 349279 352181 352181 354755 354755 357393 357393 360708 360708 365160 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1993 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR M AR MAR M AR APR APR APR APR MAY MAY MAY MAY JU N JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 57674 56886 56886 53970 53970 54370 54370 53237 53237 54973 54973 53845 53845 56607 56607 56546 56546 56044 56044 55851 55851 56933 56933 57248 57248 57610 57610 58261 58261 57133 57133 58422 58422 57257 57257 59718 59718 58618 58618 60121 60121 59744 59744 60784 60784 61308 61308 62124 62124 62771 62771 63646 NONBORROW ED RESERVES 57405 56685 56685 53906 53906 54337 54337 53181 53181 54880 54880 53747 53747 56569 56569 56447 56447 55902 55902 55746 55746 56815 56815 57091 57091 57300 57300 58041 58041 56902 56902 57992 57992 56952 56952 59175 59175 58297 58297 59702 59702 59539 59539 60652 60652 61234 61234 62068 62068 62712 62712 63505 S E A S O N A LLY A D JU S T ED NONBORROW ED R E Q U IR E D RESERVES PLU S EXT CR RESERVES 57405 56685 56685 53909 53909 54337 54337 53181 53181 54880 54880 53747 53747 56569 56569 56448 56448 55903 55903 55746 55746 56815 56815 57091 57091 57300 57300 58041 58041 56902 56902 57992 57992 56952 56952 59175 59175 58297 58297 59702 59702 59539 59539 60652 60652 61234 61234 62068 62068 62712 62712 63505 56289 55657 55657 52740 52740 52875 52875 52666 52666 53683 53683 52572 52572 55763 55763 55160 55160 55217 55217 54649 54649 56109 56109 56477 56477 56311 56311 57294 57294 56021 56021 57673 57673 56136 56136 58845 58845 57318 57318 58985 58985 58692 58692 59722 59722 60205 60205 60962 60962 61880 61880 62405 EXCESS RESERVES 1385 1229 1229 1230 1230 1495 1495 571 571 1290 1290 1273 1273 844 844 1387 1387 828 828 1202 1202 824 824 772 772 1299 1299 967 967 1112 1112 750 750 1121 1121 874 874 1300 1300 1137 1137 1052 1052 1062 1062 1102 1102 1162 1162 891 891 1241 M ONETARY BASE 365160 362323 362323 356696 356696 360735 360735 358839 358839 363359 363359 362619 362619 368428 368428 367766 367766 369265 369265 370303 370303 373774 373774 375146 375146 377107 377107 379704 379704 377731 377731 382069 382069 379739 379739 385284 385284 383296 383296 387507 387507 387013 387013 389272 389272 391270 391270 393971 393971 397294 397294 401366 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1994 5 JA N JA N 12 JA N 19 JA N 26 FEB 2 9 FEB FEB 16 FEB 23 2 M AR MAR 9 M AR 1 6 M AR 2 3 M AR 30 APR 6 A PR 13 APR 20 APR 27 MAY 4 MAY 11 MAY 18 MAY 25 JU N 1 8 JU N JU N 15 JU N 22 JU N 29 JU L 6 J U L 13 JU L 20 JU L 27 AUG 3 AUG 10 AUG 17 AUG 24 AUG 31 7 SEP SEP 14 SEP 21 SEP 28 5 OCT OCT 12 OCT 19 OCT 26 NOV 2 NOV 9 NOV 16 NOV 23 NOV 30 DEC 7 D EC 14 DEC 21 DEC 28 63646 63435 63435 59824 59824 59989 59989 59093 59093 60244 60244 58874 58874 61909 61909 61810 61810 59684 59684 58800 58800 59622 59622 60162 60162 59810 59810 60662 60662 59521 59521 60080 60080 58554 58554 60559 60559 59341 59341 59962 59962 59161 59161 59276 59276 60037 60037 60883 60883 61370 61370 61618 NONBORROW ED RESERVES 63505 63362 63362 59779 59779 59894 59894 59048 59048 60205 60205 58806 58806 61784 61784 61696 61696 59514 59514 58584 58584 59404 59404 59896 59896 59242 59242 60250 60250 59064 59064 59638 59638 58056 58056 60113 60113 58807 58807 59529 59529 58815 58815 58926 58926 59836 59836 60667 60667 61191 61191 61372 S E A S O N A L LY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 63505 63362 63362 59779 59779 59894 59894 59048 59048 60205 60205 58806 58806 61784 61784 61696 61696 59514 59514 58584 58584 59404 59404 59896 59896 59242 59242 60251 60251 59064 59064 59638 59638 58056 58056 60113 60113 58807 58807 59529 59529 58815 58815 58926 58926 59836 59836 60667 60667 61191 61191 61372 62405 61759 61759 58557 58557 58878 58878 57942 57942 59192 59192 58013 58013 61012 61012 60350 60350 58871 58871 57881 57881 58531 58531 59264 59264 58330 58330 59902 59902 58176 58176 59141 59141 57559 57559 59643 59643 58138 58138 58907 58907 58587 58587 58435 58435 59092 59092 59538 59538 60291 60291 60451 EXCESS RESERVES 1241 1676 1676 1267 1267 1112 1112 1151 1151 1052 1052 861 861 897 897 1460 1460 814 814 919 919 1092 1092 898 898 1480 1480 760 760 1346 1346 939 939 995 995 917 917 1204 1204 1055 1055 574 574 841 841 945 945 1346 1346 1080 1080 1167 M ONETARY BASE 401366 399592 399592 394448 394448 398551 398551 397784 397784 401258 401258 400324 400324 406555 406555 406188 406188 405906 405906 406023 406023 409177 409177 410970 410970 412646 412646 415781 415781 413572 413572 416626 416626 413509 413509 418095 418095 415096 415096 418180 418180 417720 417720 419509 419509 422298 422298 424197 424197 426621 426621 430258 TABLE 5 AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS NOT TOTAL RESERVES 1995 1996 JA N JA N JA N JA N FEB FEB FEB FEB M AR M AR M AR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC JA N JA N JA N 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 61618 62181 62181 58396 58396 58302 58302 56995 56995 57952 57952 57147 57147 58353 58353 59700 59700 57543 57543 56361 56361 56424 56424 57718 57718 56476 56476 58224 58224 56798 56798 57691 57691 55886 55886 57722 57722 56738 56738 56690 56690 56265 56265 56180 56180 56341 56341 56712 56712 57615 57615 58910 58910 58762 58762 NONBORROW ED RESERVES 61372 62114 62114 58220 58220 58251 58251 56936 56936 57893 57893 57068 57068 58277 58277 59570 59570 57396 57396 56217 56217 56259 56259 57432 57432 56140 56140 57931 57931 56320 56320 57441 57441 55598 55598 57454 57454 56464 56464 56353 56353 56039 56039 56060 56060 56105 56105 56479 56479 57316 57316 58693 58693 58740 58740 S E A S O N A LLY A D JU S T E D NONBORROW ED RESERVES R E Q U IR E D PLU S EXT CR RESERVES 61372 62114 62114 58230 58230 58251 58251 56936 56936 57893 57893 57068 57068 58277 58277 59570 59570 57396 57396 56217 56217 56259 56259 57432 57432 56140 56140 57931 57931 56320 56320 57441 57441 55598 55598 57454 57454 56464 56464 56353 56353 56039 56039 56060 56060 56105 56105 56479 56479 57316 57316 58693 58693 58740 58740 60451 60822 60822 57026 57026 57329 57329 56111 56111 57385 57385 56077 56077 57939 57939 58737 58737 56508 56508 55552 55552 55627 55627 56703 56703 55462 55462 57334 57334 55443 55443 56491 56491 55153 55153 56879 56879 55781 55781 55312 55312 55406 55406 55129 55129 55544 55544 55623 55623 56508 56508 57313 57313 57143 57143 EXCESS RESERVES 1167 1360 1360 1370 1370 973 973 885 885 566 566 1070 1070 414 414 963 963 1035 1035 810 810 798 798 1015 1015 1014 1014 890 890 1354 1354 1200 1200 733 733 843 843 957 957 1378 1378 860 860 1052 1052 797 797 1089 1089 1107 1107 1597 1597 1619 1619 M ONETARY BASE 430258 428478 428478 422763 422763 424421 424421 422715 422715 427083 427083 427827 427827 431401 431401 433844 433844 433262 433262 433211 433211 434275 434275 435322 435322 433621 433621 437538 437538 434068 434068 437371 437371 433883 433883 437561 437561 434874 434874 436524 436524 436268 436268 436159 436159 438291 438291 440049 440049 443155 443155 448504 448504 445057 445057 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN CES W IT H F . R . BANKS 19131 18901 18769 18817 18749 18742 18562 18389 18375 18421 18439 18558 18323 18711 18698 18817 18551 18571 18550 18829 18393 18324 18314 18537 18627 18386 18452 18640 18976 18702 18696 18622 18509 18586 18566 18640 18653 18819 18394 18636 18501 18679 18568 18711 18724 18647 18563 18396 18529 18567 18937 18660 TOTAL 2328 2313 2206 2183 2098 2005 2109 2112 2077 1957 2054 2106 2129 1955 2090 2120 2168 2010 2047 2126 2153 2105 2045 2219 2211 2231 1976 2232 2177 2225 2095 2072 2162 2221 2226 1973 2288 2257 2284 2054 2146 2222 2254 2195 2093 2248 2273 2319 2218 2508 2477 2458 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 55 268 305 337 337 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE TOTAL 626 713 438 489 415 535 565 456 529 703 525 600 612 672 703 749 656 675 709 853 658 849 979 976 876 921 1027 1002 912 890 1034 1073 945 940 965 1057 1059 859 721 1006 1048 819 790 826 908 856 822 870 911 956 980 928 EXTENDED C R E D IT SEASONAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FO R C HAN GES I N R E S E R V E R E Q U IR E M E N T S -------------- VAULT CASH-------------RESERVE BALANCES WITH F.R. BANKS 18831 18713 18648 18159 18252 18049 17974 17793 17800 17731 17849 17934 17600 17650 17634 18012 18083 17968 18081 17961 17868 17806 17897 17859 18315 18007 18079 18041 18422 18219 18272 18279 18243 18075 17772 17607 17676 17729 17671 17922 17840 17909 17789 17931 18045 17784 17839 17139 16560 16329 16789 16820 ------BORROWINGS OF DEPOSITORY----INSTITUTIONS FROM THE FEDERAL RESERVE USED TO SATISFY RESERVE TOTAL 2394 2432 2366 2344 2248 2113 2237 2203 2266 2048 2189 2185 2237 2060 2124 2238 2303 2209 2091 2229 2258 2244 2148 2276 2247 2337 2083 2302 2335 2353 2280 2140 2289 2305 2362 2129 2343 2342 2380 2255 2221 2375 2387 2410 2190 2416 2383 2539 2356 2603 2671 2627 R E Q U IR E M E N T S 321 305 314 319 285 218 277 268 305 207 260 255 293 217 235 269 309 275 225 274 300 315 256 297 287 335 241 308 339 333 319 246 321 329 694 751 905 906 938 837 800 930 940 942 752 949 922 2539 2356 2603 2671 2627 EXTENDED SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL 1013 911 914 773 808 850 973 620 793 595 726 587 602 704 671 561 524 552 549 555 402 436 400 374 550 412 440 341 429 351 315 293 416 193 273 261 299 79 225 200 148 74 240 189 136 168 99 113 60 70 74 49 SEASONAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 C R E D IT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ---------------V A U L T RESERVE BALAN CES W IT H F . R . BANKS 17202 16603 16669 16870 16410 16642 16414 16584 16457 16436 16440 16576 16347 16374 16426 16551 16511 16376 16482 16444 16440 16327 16411 16382 16820 16552 16692 16568 16489 16414 16700 16853 16668 16679 16553 16713 16656 16861 16871 17037 17007 17185 17161 17044 17244 17080 17266 17130 17083 16905 17277 17506 TOTAL 2742 2623 2623 2597 2553 2306 2430 2461 2557 2235 2387 2379 2446 2328 2356 2475 2507 2432 2272 2465 2477 2545 2393 2462 2476 2568 2394 2535 2586 2593 2586 2355 2529 2523 2607 2401 2542 2612 2648 2568 2419 2619 2664 2707 2427 2661 2628 2812 2681 2837 2957 2842 C A S H ....................................... U S ED TO S A T IS F Y RESERVE R E Q U IR E M E N T S 2742 2623 2623 2597 2553 2306 2430 2461 2557 2235 2387 2379 2446 2328 2356 2475 2507 2432 2272 2465 2477 2545 2393 2462 2476 2568 2394 2535 2586 2593 2586 2355 2529 2523 2607 2401 2542 2612 2648 2568 2419 2619 2664 2707 2427 2661 2628 2812 2681 2837 2957 2842 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ................ B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FROM T H E FED ERAL RESERVE TOTAL 176 51 35 47 66 179 193 107 50 94 49 52 78 107 52 44 37 61 64 173 66 92 62 71 42 81 48 47 55 50 75 123 62 37 37 57 27 44 27 34 29 145 56 74 91 122 90 101 35 40 109 216 EXTENDED SEASONAL C R E D IT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ------ VAULT CASH-------------RESERVE BALAN C ES W IT H F . R . BANKS 17741 17421 17131 17095 16884 17127 16915 16905 16719 16988 16752 17047 16967 17066 17027 17001 17114 17092 17371 17098 17137 17003 17160 16977 17291 17243 17526 17449 17267 17153 16965 17225 17050 17246 17058 17129 17167 17274 17277 17350 17708 17445 17475 16871 16879 16589 16781 16598 16567 16518 16774 17207 TOTAL 3061 2871 2925 2877 2874 2571 2605 2675 2766 2496 2596 2618 2681 2597 2477 2685 2764 2776 2481 2717 2694 2806 2641 2661 2747 2819 2714 2692 2827 2849 2873 2590 2763 2764 2856 2710 2785 2885 2914 2824 2625 2861 2883 2936 2680 2828 2904 3032 2962 3009 3179 3118 U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 3061 2871 2925 2877 2874 2571 2605 2675 2766 2496 2596 2618 2681 2597 2477 2685 2764 2776 2481 2717 2694 2806 2641 2661 2747 2819 2714 2692 2827 2849 2873 2590 2763 2764 2856 2710 2785 2885 2914 2824 2625 2861 2883 2936 2680 2828 2904 3032 2962 3009 3179 3118 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 341 64 69 44 60 72 70 72 56 90 53 133 86 75 60 75 85 63 46 64 47 86 55 47 124 168 120 55 163 59 70 156 130 156 73 94 77 25 141 63 44 71 56 79 158 144 93 95 92 107 163 307 EXTENDED SEASO NAL C R E D IT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FO R C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ....... ................ .............. V A U L T RESERVE BALAN C ES W IT H F . R . BANKS 17622 17160 16928 16881 16587 16902 16830 16584 16551 16771 16682 16648 16689 16742 16698 16730 16710 16614 17016 16746 16785 16563 16584 16587 16823 16990 17258 17228 17068 16850 16533 17060 16753 16661 16462 16689 16845 16779 17050 17028 17351 16895 16860 16551 17189 17061 17080 16823 17074 16755 17203 17554 TOTAL 3457 3136 3172 3034 3024 2782 2794 2928 2926 2746 2740 2854 2909 2866 2673 2960 3019 3030 2699 2914 2898 3036 2854 2841 2973 3062 2984 2865 3104 3078 3115 2853 2956 2993 3092 2995 2969 3121 3150 3149 2841 3094 3082 3204 2977 3004 3170 3212 3246 3239 3477 3447 C A S H --------------------------------- U S ED TO S A T IS F Y RESERVE R E Q U IR E M E N T S 3457 3136 3172 3034 3024 2782 2794 2928 2926 2746 2740 2854 2909 2866 2673 2960 3019 3030 2699 2914 2898 3036 2854 2841 2973 3062 2984 2865 3104 3078 3115 2853 2956 2993 3092 2995 2969 3121 3150 3149 2841 3094 3082 3204 2977 3004 3170 3212 3246 3239 3477 3447 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------------- B O R R O W I N G S O F D E P O S I T O R Y -----------IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE TOTAL 714 63 79 170 99 223 165 157 129 142 137 57 241 174 87 157 157 94 110 199 281 266 216 248 284 234 329 323 400 312 143 398 352 294 274 325 354 193 388 343 392 309 361 199 404 300 431 200 507 115 272 317 EXTENDED SEASONAL C R E D IT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S ---------------V A U L T RESERVE BALAN C ES W IT H F . R BANKS 17650 17687 17466 17149 16840 17089 17118 16972 16853 17075 17081 17135 17354 17065 17377 17183 17123 16667 17246 17218 17108 16851 17068 17181 17378 17427 17497 17842 17705 17155 16973 17354 17468 17311 17271 17160 17679 17285 17871 17662 18125 17740 17661 17321 17848 17826 17928 17590 17848 17747 17638 18159 18333 TOTAL 3807 3482 3439 3314 3360 3131 3060 3199 3183 3108 2897 3078 3156 3244 2973 3185 3200 3299 3031 3087 3196 3263 3126 3005 3238 3300 3348 2963 3289 3274 3352 3196 3129 3272 3340 3371 3000 3454 3385 3478 3134 3245 3340 3448 3362 3189 3387 3469 3528 3395 3749 3682 3658 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 3807 3482 3439 3314 3360 3131 3060 3199 3183 3108 2897 3078 3156 3244 2973 3185 3200 3299 3031 3087 3196 3263 3126 3005 3238 3300 3348 2963 3289 3274 3352 3196 3129 3272 3340 3371 3000 3454 3385 3478 3134 3245 3340 3448 3362 3189 3387 3469 3528 3395 3749 3682 3658 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FED ERAL RESERVE TOTAL 558 364 361 164 177 242 367 291 200 362 253 358 279 155 208 190 319 135 211 314 298 208 264 289 327 232 221 263 460 159 179 260 376 278 329 315 478 225 409 278 370 239 380 230 476 427 590 159 375 122 134 257 504 EXTEND ED SEASONAL C R E D IT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN C ES W IT H F . R BANKS 18513 18175 17798 17669 17912 18061 17589 17744 17675 17845 17714 18065 17843 18284 17899 18225 17778 18354 18155 17967 17822 17993 18017 18116 18491 18221 18917 18491 18046 17915 18205 18231 17966 17885 17847 18083 17837 18478 18232 18557 18175 18545 18059 18377 18387 18135 17960 18253 18623 18443 18822 19075 TOTAL 3688 3668 3642 3589 3489 3251 3462 3443 3467 3217 3454 3447 3521 3217 3390 3497 3625 3391 3310 3478 3546 3424 3350 3533 3566 3672 3251 3615 3617 3679 3578 3369 3548 3636 3727 3328 3748 3636 3679 3495 3530 3729 3781 3734 3517 3742 3790 3939 3711 4020 3982 4005 C A S H ----------- --------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 3688 3668 3642 3589 3489 3251 3462 3443 3467 3217 3454 3447 3521 3217 3390 3497 3625 3391 3310 3478 3546 3424 3350 3533 3566 3672 3251 3615 3617 3679 3578 3369 3548 3636 3727 3328 3748 3636 3679 3495 3530 3729 3781 3734 3517 3742 3790 3939 3711 4020 3982 4005 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE TOTAL 309 424 277 203 278 472 353 520 270 385 370 463 487 570 397 572 345 478 498 500 483 518 474 611 583 486 582 620 425 479 544 616 491 545 537 483 558 627 553 536 495 591 338 486 334 489 361 534 478 486 218 546 EXTENDED SEASONAL C R E D IT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS RESERVE BALANCES WITH F.R. BANKS 19238 19291 18460 18485 18670 18797 18368 18329 18185 18553 18379 18657 18317 18783 18778 18714 18700 18966 19044 18700 18372 18545 18543 18519 18876 18953 19555 19383 18951 18917 19042 19194 18711 18519 18579 18971 19218 19768 19056 19748 19571 19309 19187 19291 19621 19348 18875 18959 19127 19263 19589 19978 .............. VAULT CASH-..................... BORROWINGS OF DEPOSITORY..... INSTITUTIONS FROM THE FEDERAL RESERVE USED TO SATISFY RESERVE EXTENDED TOTAL 4032 3941 4007 3966 3868 3526 3785 3777 3931 3492 3742 3739 3859 3575 3624 3913 3915 3769 3549 3775 3869 3823 3661 3811 3843 3983 3618 3869 3984 4030 3945 3684 3895 3935 4062 3688 4013 3983 4077 3866 3787 4009 4080 4089 3734 4006 4048 4267 4061 4255 4303 4187 R E Q U IR E M E N T S 4032 3941 4007 3966 3868 3526 3785 3777 3931 3492 3742 3739 3859 3575 3624 3913 3915 3769 3549 3775 3869 3823 3661 3811 3843 3983 3618 3869 3984 4030 3945 3684 3895 3935 4062 3688 4013 3983 4077 3866 3787 4009 4080 4089 3734 4006 4048 4267 4061 4255 4303 4187 SURPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL 562 590 218 352 418 503 453 520 464 614 536 602 508 623 603 685 642 617 680 663 653 812 547 788 691 771 827 818 631 680 778 782 730 719 691 749 888 771 650 828 928 790 518 594 646 711 439 636 449 647 472 548 SEASONAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 C R E D IT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN CES W IT H F . R . BANKS 20117 20168 19298 19709 19654 20057 19729 19721 19167 19427 19297 19748 19248 19390 19290 19521 19228 19571 19637 19341 18983 18883 19201 19183 19661 19293 19841 19922 19593 19717 19656 20039 19584 19602 19151 19933 19810 20022 19866 20413 20420 20795 20211 20279 20763 20471 20383 20177 20498 20252 20600 21285 TOTAL 4545 4331 4363 4280 4255 3792 3997 4092 4256 3760 3985 3944 4081 3999 3872 4059 4157 4052 3776 4045 4098 4176 3975 4030 4106 4254 4043 4144 4296 4304 4318 3921 4179 4171 4324 3992 4229 4294 4346 4229 3979 4234 4338 4426 3991 4228 4239 4481 4342 4458 4603 4402 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 4545 4331 4363 4280 4255 3792 3997 4092 4256 3760 3985 3944 4081 3999 3872 4059 4157 4052 3776 4045 4098 4176 3975 4030 4106 4254 4043 4144 4296 4304 4318 3921 4179 4171 4324 3992 4229 4294 4346 4229 3979 4234 4338 4426 3991 4228 4239 4481 4342 4458 4603 4402 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE TOTAL 565 585 217 538 176 353 456 477 167 202 173 302 135 180 145 178 98 134 63 123 50 102 77 43 91 141 353 69 51 54 116 91 129 47 46 79 70 106 74 144 145 216 58 80 132 162 127 119 87 121 185 345 EXTENDED SEASONAL C R E D IT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ---------------V A U L T RESERVE BALAN C ES W IT H F . R BANKS 21480 21266 20897 21347 21070 21752 21272 20911 21137 21695 21387 21407 20942 21110 21370 21692 20950 20981 21653 21083 21063 20849 21038 21203 21177 21669 21381 21606 21408 21711 21575 21984 21568 21819 21219 21433 21772 21387 21174 21800 21814 22368 22272 22192 21765 22335 22645 22177 22230 21726 22400 22541 TOTAL 4968 4645 4674 4575 4602 4169 4258 4364 4499 4102 4161 4265 4384 4353 4064 4398 4553 4537 4045 4296 4316 4473 4294 4197 4420 4548 4458 4220 4603 4550 4611 4243 4322 4408 4572 4448 4420 4587 4681 4587 4681 4607 4201 4528 4589 4735 4315 4417 4629 4735 4688 4691 C A S H ----------- ---------------------- U SED TO S A T IS F Y RESERVE R E Q U IR E M E N T S 4968 4645 4674 4575 4602 4169 4258 4364 4499 4102 4161 4265 4384 4353 4064 4398 4553 4537 4045 4296 4316 4473 4294 4197 4420 4548 4458 4220 4603 4550 4611 4243 4322 4408 4572 4448 4420 4587 4681 4587 4681 4607 4201 4528 4589 4735 4315 4417 4629 4735 4688 4691 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE TOTAL 495 180 224 233 241 241 384 405 442 500 779 733 582 696 646 763 651 674 823 712 669 764 759 678 664 807 493 412 470 639 602 737 576 619 374 454 634 404 474 541 403 516 337 495 392 675 513 583 531 434 575 859 EXTENDED SEASONAL C R E D IT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ------ VAULT CASH-------------RESERVE BALANCES WITH F.R BANKS TOTAL USED TO SATISFY RESERVE REQUIREMENTS 23419 23146 23039 23327 22538 22617 22379 23107 22647 22359 22064 22340 22246 22257 21963 22075 23384 23039 23546 23099 23507 23245 23100 22723 22621 22527 22840 22377 22528 22854 21771 22315 22088 22767 22303 22296 22103 22144 22272 22588 22312 22561 23247 22521 22895 22801 23371 23033 22902 22849 23077 23039 23493 4921 4809 5528 5022 5034 4820 4881 4484 4452 4626 4704 4370 4376 4486 4636 4541 4196 4618 4664 4707 4265 4484 4543 4721 4415 4439 4660 4799 4747 4310 4823 4727 4872 4392 4606 4654 4838 4670 4659 4812 4841 4818 4367 4651 4766 4924 4598 4568 4835 4926 4939 4837 5187 4921 4809 5528 5022 5034 4820 4881 4484 4452 4626 4704 4370 4376 4486 4636 4541 4196 4618 4664 4707 4265 4484 4543 4721 4415 4439 4660 4799 4747 4310 4823 4727 4872 4392 4606 4654 4838 4670 4659 4812 4841 4818 4367 4651 4766 4924 4598 4568 4835 4926 4939 4837 5187 SURPLUS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 1320 498 687 782 891 744 799 1044 757 734 875 776 964 1195 947 759 1135 1118 1603 1171 1358 1303 1521 1260 1315 1323 1634 1020 1279 1354 1269 1090 1329 1221 1204 1240 740 1018 1106 1436 967 1347 1015 1179 1328 1244 1071 1210 1191 1200 1044 1096 1104 SEASONAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EXTENDED CREDIT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S ------ VAULT CASH-------------RESERVE BALANCES WITH F.R. BANKS 23700 23457 24001 23242 23360 22905 23286 22946 22639 22304 22901 22963 23101 22860 23377 23834 23317 23688 22794 23542 22551 22716 22441 22902 22638 22826 22735 23088 23947 23069 23061 23370 23675 23325 23354 23740 23707 23686 23702 23519 23147 24091 23431 23471 23377 23653 23484 23656 23382 23563 24238 24332 TOTAL 4996 5531 5399 5276 5055 5092 4773 4631 4823 4929 4730 4509 4705 4849 4885 4538 4809 4899 4951 4553 4780 4897 5028 4801 4635 4997 5112 5134 4426 5114 5081 5218 4840 4852 5016 5191 5214 4708 5332 5267 5317 4799 5016 5181 5348 5110 4889 5219 5336 5475 5060 5511 USED TO SATISFY RESERVE REQUIREMENTS 4996 5531 5399 5276 5055 5092 4773 4631 4823 4929 4730 4509 4705 4849 4885 4538 4809 4899 4951 4553 4780 4897 5028 4801 4635 4997 5112 5134 4426 5114 5081 5218 4840 4852 5016 5191 5214 4708 5332 5267 5317 4799 5016 5181 5348 5110 4889 5219 5336 5475 5060 5511 SURPLUS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------BORROWINGS OF DEPOSITORY----INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 852 865 963 1030 1258 1069 1110 1065 836 932 817 936 949 496 1017 969 894 774 810 1179 933 1224 857 658 887 991 1294 1681 1386 1231 1010 1174 681 660 660 763 500 460 661 398 450 586 433 423 445 330 436 455 290 399 325 270 SEASONAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EXTENDED CREDIT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ------ VAULT CASH-------------RESERVE BALANCES WITH F.R. BANKS 25188 24576 25469 24585 24511 24316 25068 25020 24522 24009 24896 24691 24817 24485 24381 25200 25107 25498 24704 25344 25262 25058 24539 25024 24916 24920 24890 24804 26076 25144 25457 24739 25298 24986 25164 25339 25238 25344 25474 25485 25048 25954 25186 25415 25015 25579 25591 25785 25153 25245 25784 26081 TOTAL USED TO SATISFY RESERVE REQUIREMENTS 5423 5666 5560 5587 5448 5444 5134 4896 5020 5395 5059 4791 5123 5185 5244 4738 5050 5282 5380 5018 4984 5218 5347 5201 5003 5372 5423 5450 4856 5479 5437 5591 5307 5125 5355 5516 5613 5016 5599 5508 5654 5117 5238 5546 5565 5593 5125 5490 5590 5908 5367 5843 5423 5666 5560 5587 5448 5444 5134 4896 5020 5395 5059 4791 5123 5185 5244 4738 5050 5282 5380 5018 4984 5218 5347 5201 5003 5372 5423 5450 4856 5479 5437 5591 5307 5125 5355 5516 5613 5016 5599 5508 5654 5117 5238 5546 5565 5593 5125 5490 5590 5908 5367 5843 SURPLUS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 407 277 472 354 283 247 561 250 258 421 290 333 257 197 150 84 176 174 99 306 267 646 153 403 619 750 661 991 1121 545 764 593 1179 771 706 765 457 329 424 309 449 332 413 216 122 287 538 705 59 25 141 216 SEASONAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EXTENDED CREDIT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ------ VAULT CASH-------------RESERVE BALANCES WITH F.R. BANKS 27071 26777 27692 26697 26576 26027 26588 26701 26188 26013 26447 26548 26901 27208 26762 27304 27312 27270 27062 27658 27538 27303 27085 26762 27239 26778 27549 26889 27928 27333 27350 27252 27488 27504 27278 27567 26538 27570 27198 27863 27756 28436 28230 27855 27778 25957 25199 24925 25139 24642 25512 25341 TOTAL 5743 6016 5973 5895 5859 5865 5669 5122 5426 5452 5661 5010 5318 5396 5583 5261 5354 5570 5695 5499 5108 5511 5592 5655 5357 5523 5594 5858 5367 5707 5789 5881 5838 5318 5700 5795 5982 5447 5855 5868 5954 5662 5325 5849 5916 6175 5340 5803 5870 6426 5896 6100 USED TO SATISFY RESERVE REQUIREMENTS 5743 6016 5973 5895 5859 5865 5669 5122 5426 5452 5661 5010 5318 5396 5583 5261 5354 5570 5695 5499 5108 5511 5592 5655 5357 5523 5594 5858 5367 5707 5789 5881 5838 5318 5700 5795 5982 5447 5855 5868 5954 5662 5325 5849 5916 6175 5340 5803 5870 6426 5896 6100 SURPLUS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 57 17 14 12 16 42 18 14 67 103 13 115 153 141 14 43 279 117 87 39 63 254 58 94 59 129 312 227 173 172 363 287 382 348 477 837 149 717 550 436 535 434 765 555 959 494 419 572 589 805 1221 1118 SEASONAL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EXTENDED CREDIT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FO R C H A N G ES I N R E S E R V E R E Q U IR E M E N T S RESERVE BALANCES WITH P.R BANKS 26383 26310 27085 26097 26098 25425 25512 26383 25495 26148 25334 26437 25917 26750 25693 26814 26923 26551 26066 26678 26732 26162 26025 25363 26383 26197 27100 26053 27562 27676 27679 26973 27315 27705 27537 27779 26958 27656 27760 28159 28191 28607 29212 28449 28146 28123 29092 28144 28502 27532 28657 28922 ■......VAULT CASH.......................BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE USED TO SATISFY RESERVE EXTENDED REQUIREMENTS SURPLUS TOTAL SEASONAL CREDIT TOTAL 6214 6173 6920 6412 6455 6379 6297 5655 5789 5911 6224 5535 5747 5864 6064 5813 5479 5951 6180 6264 5538 6043 6138 6234 5893 6023 6227 6466 6159 6137 6372 6483 6514 5896 6260 6347 6591 6202 6383 6514 6603 6412 5906 6502 6480 6748 6003 6294 6404 6912 6546 6508 6214 6173 6920 6412 6455 6379 6297 5655 5789 5911 6224 5535 5747 5864 6064 5813 5479 5951 6180 6264 5538 6043 6138 6234 5893 6023 6227 6466 6159 6137 6372 6483 6514 5896 6260 6347 6591 6202 6383 6514 6603 6412 5906 6502 6480 6748 6003 6294 6404 6912 6546 6508 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1751 691 1293 1094 1310 1232 1992 1670 1479 1685 1491 2139 2011 1755 1499 1848 1646 1874 1484 1815 1688 2400 1664 1700 1928 1849 2400 1679 1722 2080 2095 2005 1916 2134 2558 2361 1487 1706 2190 1520 1353 1162 1915 1455 1171 1521 1568 1287 1478 1303 1488 1039 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9 16 18 23 32 47 64 67 73 93 111 117 117 128 141 158 148 163 185 168 145 139 150 144 131 120 125 119 93 80 85 84 57 45 40 35 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 10 10 32 34 36 30 26 24 29 23 25 25 23 25 29 32 30 27 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FO R C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ------VAULT CASH------------RESERVE BALANCES W I T H E .R BA N K S 28875 29558 29779 29429 29049 28490 28428 29169 28513 28062 27893 29093 28516 28962 28368 2 9799 30132 30255 29448 2 9799 30533 29774 29618 28985 30076 30044 30460 29813 31116 30850 30215 29895 29886 30800 30454 30414 29643 30246 30161 30462 29433 30354 30186 29987 29895 2 9249 30240 30007 29861 29031 29605 29847 TOTAL 6781 6738 7923 7181 7090 6985 6920 6219 6338 6571 6855 6116 6258 6481 6634 6457 5923 6590 6888 6847 6083 6575 6661 6804 6632 6492 6814 7055 6708 6567 6989 7025 7050 6356 6612 6825 7094 6840 6785 7071 7168 7061 6270 6832 7100 7230 6572 6762 7100 7262 7157 6998 U S E D TO SATISFY RESERVE REQUIREMENTS 6781 6738 7923 7181 7090 6985 6920 6219 6338 6571 6855 6116 6258 6481 6634 6457 5923 6590 6888 6847 6083 6575 6661 6804 6632 6492 6814 7055 6708 6567 6989 7025 7050 6356 6612 6825 7094 6840 6785 7071 7168 7061 6270 6832 7100 7230 6572 6762 7100 7262 7157 6998 SURPLUS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ----- BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 1210 776 988 1182 1220 998 1153 1376 1251 912 983 1483 1713 1503 1194 1816 1 939 2157 1 616 1977 3090 3606 3054 27 2 9 3223 2788 3435 2640 3175 3641 3690 3089 3041 3437 3533 3906 3084 2921 3531 3218 2245 1744 1322 1638 1125 1097 1367 1479 1070 648 818 662 SEASONAL 31 19 20 13 17 18 15 20 16 19 19 34 44 48 41 47 54 74 82 94 112 114 131 136 142 133 126 137 152 155 163 176 160 166 161 152 132 134 141 142 134 122 107 104 79 70 63 65 51 34 30 29 EXTENDED CREDIT 0 0 1 4 8 0 0 0 0 0 0 0 0 0 0 0 0 0 16 364 1 026 1159 1217 1239 1166 1235 1302 1367 1433 1463 1511 1513 1509 1548 1560 1576 1584 1577 1604 1840 1326 96 97 92 91 85 174 249 230 117 142 139 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S .......... ......V A U L T C A S H ---------------- RESERVE BALANCES W I T H F.R. BANKS 30218 2 9976 29645 30482 29608 29530 28573 28304 27919 27844 27185 27883 28333 28262 27677 28251 28808 2 8 476 28096 2 7209 28226 27442 2 7616 26625 2 7861 28008 28375 27290 2 7499 28192 2 7549 27008 26501 2 7716 2 7389 27173 26493 2 7116 27444 27885 26657 2 7086 27894 27483 27478 26094 27631 27701 27285 26604 27315 27348 27580 T OTAL 7372 7336 8562 7783 7632 7445 7457 6814 6687 6951 7297 6627 6486 6825 6993 7044 6441 7019 7141 7308 6476 6767 6895 7082 7076 6698 7106 7322 7365 6706 7450 7545 7662 6913 7081 7356 7605 7436 7173 7559 7603 7636 6711 7246 7526 7696 7120 7018 7574 7825 7827 7488 8031 U S E D TO SATISFY RESERVE REQUIREMENTS 7372 7336 8562 7783 7632 7445 7457 6814 6687 6951 7297 6627 6486 6825 6993 7044 6441 7019 7141 7308 6476 6767 6895 7082 7076 6698 7106 7322 7365 6706 7450 7545 7662 6913 7081 7356 7605 7436 7173 7559 7603 7 636 6711 7246 7526 7696 7120 7018 7574 7825 7827 7488 8031 SURPLUS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -------B O R R O W I N G S O F D E P O S I T O R Y -----INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 561 311 609 594 142 98 90 229 180 70 60 167 155 51 30 22 165 241 34 17 121 84 84 38 77 188 871 222 202 382 253 180 179 204 272 222 385 327 395 581 239 173 233 95 67 39 58 74 67 30 45 219 253 SEASONAL 22 19 13 12 10 11 10 12 11 9 7 5 7 7 7 5 10 6 10 8 8 10 9 11 10 10 15 13 16 19 20 29 35 35 40 51 54 61 64 74 74 66 63 61 43 27 26 25 22 15 14 12 12 EXTENDED CREDIT 142 110 184 198 71 61 56 51 48 45 40 38 31 34 18 5 6 8 2 2 4 4 9 10 14 22 24 19 20 18 21 12 8 13 14 16 16 15 12 12 12 15 21 0 2 2 2 12 10 7 14 13 14 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR CH A N G ES I N R E S E R V E R E Q U IR E M E N T S ------ VAULT CASH-------------RESERVE BALANCES WITH F.R. BANKS 27642 26919 27485 26722 26954 25715 27022 26512 26512 25414 26214 26691 26780 25983 25905 27361 26760 27357 25422 26500 26086 25993 25044 26129 25952 26713 26300 25518 26992 26062 26500 25237 26462 26264 26040 25323 25420 26066 26217 26175 25329 27264 26340 26502 25565 27011 26754 26732 25822 26526 27018 27199 TOTAL 7889 8894 8735 8350 8115 8054 7518 7144 7576 7965 7496 6871 7456 7604 7857 7086 7624 7939 8298 7636 7511 7832 8083 7842 7630 8076 8221 8401 7428 8157 8191 8325 7946 7554 8012 8241 8415 7430 8360 8258 8471 7422 7844 8276 8462 8241 7638 8381 8491 8930 8136 8635 USED TO SATISFY RESERVE REQUIREMENTS 7889 8894 8735 8350 8115 8054 7518 7144 7576 7965 7496 6871 7456 7604 7857 7086 7624 7939 8298 7636 7511 7832 8083 7842 7630 8076 8221 8401 7428 8157 8191 8325 7946 7554 8012 8241 8415 7430 8360 8258 8471 7422 7844 8276 8462 8241 7638 8381 8491 8930 8136 8635 SURPLUS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ----- BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 67 45 153 58 55 51 56 148 84 48 40 78 36 24 61 39 58 30 55 122 136 242 93 49 165 166 126 176 59 159 157 122 85 68 93 45 61 44 87 101 47 48 120 202 50 54 44 87 26 69 37 82 SEASONAL 10 9 9 8 11 11 10 10 8 8 8 8 10 10 10 10 11 11 9 10 11 17 12 16 22 29 26 23 24 27 22 26 30 30 32 30 28 29 34 34 33 29 33 30 24 24 21 19 14 15 11 11 EXTENDED CREDIT 19 15 7 6 8 8 14 8 7 5 3 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM IT E M S NOT A D J U S T E D FOR C H A N G ES I N R E S E R V E R E Q U IR E M E N T S ------ VAULT CASH.. .......... RESERVE BALANCES WITH F.R BANKS TOTAL USED TO SATISFY RESERVE REQUIREMENTS 27338 26803 27595 27372 26457 25822 25984 26562 25870 25426 25529 26428 26458 25754 25242 27433 26891 26937 25679 26403 25784 25833 24981 25410 26336 26440 26939 25668 27669 26366 26986 25895 26611 26599 26572 25855 25779 26746 26493 27226 25595 27752 27098 26997 26367 27027 27607 26843 26431 26436 27645 27446 8636 8996 9235 8821 8818 8773 8569 7595 8213 8181 8500 7493 8300 8510 8746 7729 8349 8894 8999 8543 8149 8585 8753 8694 8360 8624 8680 8967 7850 8829 8933 8995 8790 8201 8773 8942 9281 8178 9121 8992 9203 8617 8404 8984 9184 9194 8249 9095 9255 9839 8925 9361 8636 8996 9235 8821 8818 8773 8569 7595 8213 8181 8500 7493 8300 8510 8746 7729 8349 8894 8999 8543 8149 8585 8753 8694 8360 8624 8680 8967 7850 8829 8933 8995 8790 8201 8773 8942 9281 8178 9121 8992 9203 8617 8404 8984 9184 9194 8249 9095 9255 9839 8925 9361 SURPLUS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 31 20 109 89 86 75 129 36 30 20 24 338 58 65 38 29 99 215 156 127 311 230 226 223 271 334 265 160 406 295 598 585 798 1665 1393 636 337 738 718 883 1051 1861 1444 1113 887 534 881 1073 583 509 527 686 SEASONAL 8 10 10 9 11 12 11 15 12 12 12 13 14 14 13 14 15 18 22 28 34 44 50 47 51 68 58 52 56 69 69 74 99 173 131 114 108 110 116 117 112 112 116 104 87 81 85 74 70 56 53 53 EXTENDED CREDIT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ------ VAULT CASH-------------RESERVE BALAN C ES W IT H F . R . BANKS 28481 27699 29154 27967 27551 27500 27375 28121 27052 26556 26423 27807 27596 27682 26537 28861 28169 28672 27663 28201 27825 27712 26916 27630 28707 28113 29529 27047 30401 28435 28175 27250 28059 28528 28330 28013 27252 28564 28598 28956 27935 29279 28967 28547 27856 27841 32168 31498 31409 30216 31789 31095 TOTAL 9421 9541 10680 10124 9899 9804 9723 8551 9080 9108 9558 8460 8854 8948 9367 8879 8794 9251 9520 9194 8640 9216 9397 9525 9035 9390 9514 9763 9087 9569 9883 9909 9813 8779 9474 9587 9984 8898 9843 9913 10062 9477 9101 9861 10071 10133 9144 9785 10056 10847 10013 10262 U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 9421 9541 10680 10124 9899 9804 9723 8551 9080 9108 9558 8460 8854 8948 9367 8879 8794 9251 9520 9194 8640 9216 9397 9525 9035 9390 9514 9763 9087 9569 9883 9909 9813 8779 9474 9587 9984 8898 9843 9913 10062 9477 9101 9861 10071 10133 9144 9785 10056 10847 10013 10262 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ------BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE TOTAL 506 442 418 592 469 493 281 446 391 396 248 280 386 304 171 238 809 1664 1688 866 701 1399 645 793 1194 1716 1193 903 1589 1462 1438 878 963 1606 1023 1165 510 923 1560 1286 1239 1250 1314 1305 698 633 604 792 698 591 567 1413 EXTENDED C R E D IT SEASONAL 30 26 25 34 44 49 48 53 58 47 41 47 52 45 37 40 40 60 72 91 102 116 111 105 123 135 139 130 134 152 166 175 184 196 208 186 174 189 205 212 209 220 237 234 190 189 183 180 150 131 137 131 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS -------------- V A U L T RESERVE BALAN CES W IT H F . R . BANKS 32902 31286 32864 31814 31605 30830 30131 31556 29987 30573 29554 31358 30181 30653 29371 31633 31517 31847 30043 30283 30260 29794 29514 28963 30739 30071 31003 28709 31238 30762 30335 29442 29836 30809 30622 30298 29060 30750 30704 31177 30185 31875 31768 32744 31460 31667 33347 32475 32581 31701 32981 32969 TOTAL 10518 10436 11996 11169 11002 10687 10560 9322 9739 9821 10396 9133 9760 9777 10077 9655 9312 9964 10545 10324 9353 9977 10151 10364 9865 10110 10445 10767 10334 10438 10811 10814 10891 9848 10486 10596 11133 10168 10841 10959 11079 10692 9948 10889 11039 11252 10015 10552 11055 11805 11364 11000 C A S H .........................- ..................................B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FROM TH E FEDERAL RESERVE U S E D TO S A T IS F Y RESERVE EXTENDED R E Q U IR E M E N T S SU RPLU S TOTAL C R E D IT SEASO NAL 10518 10436 11996 11169 11002 10687 10560 9322 9739 9821 10396 9133 9760 9777 10077 9655 9312 9964 10545 10324 9353 9977 10151 10364 9865 10110 10445 10767 10334 10438 10811 10814 10891 9848 10486 10596 11133 10168 10841 10959 11079 10692 9948 10889 11039 11252 10015 10552 11055 11805 11364 11000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1183 686 896 923 1428 817 1054 938 1083 1027 882 1024 1082 867 628 949 991 1217 1488 1759 1703 2327 1340 1299 1324 1586 1677 941 1182 1292 946 762 1023 1386 1117 1340 1230 1762 1159 1114 937 1528 2960 3051 1928 1861 1864 1995 1819 1289 1686 1225 121 92 105 106 113 101 111 123 123 107 109 123 133 130 118 125 140 164 162 164 172 198 192 182 182 214 187 161 161 165 246 184 166 175 185 174 153 206 179 145 139 151 168 185 151 147 150 135 101 83 83 80 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN C ES W IT H F . R . BANKS 33298 33403 32985 32805 32456 32022 30667 33716 32097 32131 30999 33122 32740 33109 33218 33823 35321 33925 33131 32093 33978 32686 33071 31707 32016 32564 32847 31515 32375 33234 29262 28841 27664 30447 29287 29495 28172 29098 30024 30235 29054 29150 31328 30437 30560 29825 28317 28189 27690 26308 27661 27812 27492 TOTAL 11439 11268 13429 12466 12236 11714 11652 10276 10695 10867 11410 10323 10232 10734 11072 11020 10170 11269 11399 11395 10181 10909 11080 11241 11397 10676 11222 11543 11488 10490 11539 11528 11735 10465 11123 11580 12052 11646 11619 11999 12078 12038 10870 11529 12039 12265 17350 16937 18317 18064 18317 17663 18482 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 11439 11268 13429 12466 12236 11714 11652 10276 10695 10867 11410 10323 10232 10734 11072 11020 10170 11269 11399 11395 10181 10909 11080 11241 11397 10676 11222 11543 11488 10490 11539 11528 11735 10465 11123 11580 12052 11646 11619 11999 12078 12038 10870 11529 12039 12265 12283 12115 13153 13231 13360 13045 13654 SU RPLU S 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5067 4822 5164 4833 4957 4618 4828 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FROM TH E FEDERAL RESERVE TOTAL 1431 730 1227 1203 1819 758 1239 2192 2060 2506 3438 3000 2659 2262 2384 2276 2553 2663 1331 1020 838 1124 459 401 396 318 348 215 332 354 629 828 390 345 700 1348 594 1213 1630 1873 1248 1107 1203 1440 1878 2067 1979 2215 2142 1786 1505 1649 1627 EXTENDED C R E D IT SEASONAL 64 62 73 77 87 77 92 100 110 114 140 156 174 155 152 140 159 169 155 48 40 29 21 15 11 8 5 5 5 7 7 7 6 6 10 20 14 21 30 40 48 61 69 87 72 92 95 115 108 111 124 119 115 0 0 0 0 0 0 0 0 0 0 0 0 193 341 437 472 611 748 767 814 740 816 353 369 276 274 274 198 211 309 286 258 273 261 201 198 57 0 246 0 0 0 0 0 0 0 0 0 0 1 4 4 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN C ES W IT H F . R . BANKS 27735 26863 27920 26552 26775 25633 27346 26802 27088 25176 26984 27204 27438 25854 26764 28587 27998 27793 25979 27844 26821 26313 25616 26319 27471 27338 26324 26398 28968 26897 26415 25609 27994 27809 26889 24468 24838 26479 25806 24781 24653 27386 26022 25492 24666 26421 26657 26106 25169 26107 26951 26319 TOTAL 17771 20315 20183 19772 18969 18778 17521 16848 17465 18539 17207 16568 17223 17542 17764 16238 17431 18030 18651 16704 17622 18225 18316 18828 17286 18319 18493 18856 16727 18890 18691 19034 17910 17995 18690 19160 19384 17599 19626 19392 19489 17616 18562 19237 19402 18599 17930 19368 19560 20331 18613 19749 C A S H --------------------------------- U SED TO S A T IS F Y RESERVE R E Q U IR E M E N T S 13252 14931 14906 14672 14035 13897 12868 12470 12931 13825 12769 12386 12867 13145 13278 12312 13244 13761 14169 12688 13384 13853 13883 14233 13220 13946 14125 14268 12744 14361 14237 14488 13582 13699 14252 15297 15386 14188 15745 15553 15453 14076 14835 15412 15491 14741 14416 15517 15682 16213 15181 16043 SU RPLU S 4519 5384 5277 5100 4934 4881 4653 4378 4534 4714 4438 4182 4356 4397 4486 3926 4187 4269 4482 4016 4238 4372 4433 4595 4066 4373 4368 4588 3983 4529 4454 4546 4328 4296 4438 3863 3998 3411 3881 3839 4036 3540 3727 3825 3911 3858 3514 3851 3878 4118 3432 3706 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FROM TH E FEDERAL RESERVE TOTAL 1117 1332 1419 1793 1201 1113 1145 1713 1299 768 774 888 1464 887 1142 864 2278 2471 1734 1954 2923 1954 2207 1895 2305 1735 1866 1295 1730 1978 1118 1271 1457 1726 1448 1585 1349 1446 1448 1146 1110 1255 1187 1237 1009 561 337 317 618 398 621 883 EXTENDED SEASONAL C R E D IT 112 105 123 137 125 131 154 160 176 185 193 200 220 162 149 149 175 198 276 271 309 287 277 279 306 306 242 241 244 257 228 223 231 246 246 217 205 230 231 156 158 155 147 134 130 101 69 41 30 46 70 75 6 12 230 48 37 21 18 17 20 18 19 9 8 9 8 7 7 6 5 5 6 7 7 8 7 4 2 3 3 4 4 3 59 155 191 236 287 325 387 413 423 444 464 452 111 126 123 125 125 135 161 173 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ..... VAULT CASH................. ..... BORROWINGS OF DEPOSITORY INSTITUTIONS FROM THE FEDERAL RESERVE RESERVE B ALAN C ES W IT H F . R . BANKS 27136 25796 28085 26052 26434 24726 26823 26111 26043 22601 24350 24913 24374 23276 23348 26407 25197 24665 23353 24856 24118 24144 22832 24156 24641 24460 23847 22990 26240 24145 23948 23304 25238 25056 24609 22712 22591 24543 23492 23498 22555 25853 24930 24368 23459 24989 25348 24750 23871 24283 25673 25138 TOTAL 19172 19723 20980 21009 20449 20062 19220 18155 18908 19936 18796 17621 18574 18858 19208 17243 18702 19611 19639 18552 18460 19175 19559 19401 18664 19690 19660 20246 17932 20252 19846 20172 19227 18834 19579 20006 20541 18744 20422 20045 20327 18391 19280 20166 20175 19905 18688 20387 20267 21382 19506 20496 U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 15635 16717 16747 16823 16341 15955 15185 14551 15007 15841 14910 14225 14914 15155 15354 14016 15191 15888 15807 14866 14908 15441 15718 15429 15151 15872 15870 16119 14417 16220 16040 16186 15400 15251 15814 16655 16963 15711 17065 16752 16794 15384 16159 16877 16852 16546 15829 17103 17057 17779 16606 16870 SU RPLU S 3537 3006 4233 4186 4108 4107 4035 3604 3901 4095 3886 3396 3660 3703 3854 3227 3511 3723 3832 3686 3552 3734 3841 3972 3513 3818 3790 4127 3515 4032 3806 3986 3827 3583 3765 3351 3578 3033 3357 3293 3533 3007 3121 3289 3323 3359 2859 3284 3210 3603 2900 3626 TOTAL 1452 998 951 2469 1851 1662 1908 1902 1562 1446 1462 1652 1656 1480 1335 1653 1823 1499 1117 966 1046 1048 1304 929 1014 1616 1070 559 594 548 679 369 482 609 507 948 1330 810 753 606 365 516 452 458 722 742 467 622 437 703 546 690 EXTENDED C R E D IT SEASO NAL 60 53 70 96 110 114 134 146 147 151 187 173 200 166 154 159 177 205 218 232 258 260 217 221 253 268 251 231 239 188 166 133 131 94 95 106 89 100 112 104 70 85 90 77 50 48 46 35 26 24 38 44 193 194 195 199 212 225 227 222 288 306 301 311 324 279 234 248 227 214 192 179 162 132 115 104 96 93 87 70 33 24 20 64 123 118 116 116 116 118 124 123 117 110 179 196 190 188 186 185 186 189 189 191 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS C A S H ---------------------------- ------------------- - - B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE U S ED TO S A T IS F Y RESERVE EXTENDED SU RPLU S R E Q U IR E M E N T S TOTAL SEASO NAL C R E D IT ---------------V A U L T RESERVE B ALAN C ES W IT H F . R . BANKS 25733 23743 25302 23836 23712 22402 23610 24357 23777 21312 21428 23135 22372 21781 21405 24020 22822 22851 21345 22105 22312 21764 21069 21261 22607 22254 22124 20586 24042 21897 21976 21029 22269 22592 21966 20449 19533 21907 20424 20674 19897 21793 22028 20689 20081 20700 21935 21127 20605 19882 22036 20854 TOTAL 20105 21463 22187 21836 21228 20952 20396 18684 19663 19859 20307 18297 19392 19692 20059 18625 19630 20244 20307 19516 18877 19856 20136 20477 19636 20150 20284 21027 19182 20984 20684 20804 20284 19414 19361 20735 21364 19682 21364 20963 21017 20057 19676 20910 20949 20956 19190 21036 20929 20348 20383 21292 16616 17533 17820 17693 17195 16933 16420 15329 16064 16031 16353 15090 15916 16148 16324 15369 16249 16686 16635 16028 15758 16455 16575 16667 16393 16788 16799 17156 15787 17357 17040 17058 16537 16159 16880 17222 17585 16524 17951 17482 17378 16654 16604 17512 17355 17333 16322 17707 17571 18558 17385 18149 3489 3930 4367 4143 4033 4019 3976 3355 3599 3828 3954 3207 3476 3544 3735 3256 3381 3558 3672 3488 3119 3401 3561 3810 3243 3362 3485 3871 3395 3627 3644 3746 3747 3255 2481 3513 3779 3158 3413 3481 3639 3403 3072 3398 3594 3623 2868 3329 3358 1790 2998 3143 1198 425 465 325 383 370 868 475 710 626 890 641 897 1762 582 666 1171 925 707 1073 951 1118 907 1811 1712 2102 2234 1147 1236 1387 1311 1520 1474 1579 1712 1246 1150 2097 1278 1413 1271 577 565 440 1042 1021 813 877 438 629 1054 753 37 31 30 34 37 35 39 45 43 44 44 59 62 80 72 77 90 101 91 91 104 108 107 110 125 143 143 144 179 203 192 178 194 207 216 192 185 186 204 161 139 138 144 128 123 112 123 123 89 89 100 115 143 133 113 197 211 234 274 335 295 297 326 346 305 328 353 405 484 493 506 519 511 530 453 1096 1061 1262 1103 434 460 464 445 457 502 524 499 489 501 520 542 539 645 96 5 5 3 4 4 13 2 1 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN C ES W IT H F . R . BANKS 22304 21443 21466 20956 20798 18426 18426 18181 18181 19910 19910 18829 18829 20239 20239 20557 20557 20017 20017 19378 19378 19339 19339 20608 20608 20182 20182 20575 20575 19104 19104 19698 19698 18717 18717 20176 20176 20043 20043 20414 20414 19637 19637 20461 20461 20752 20752 21324 21324 21585 21585 22094 TOTAL 20912 21508 24027 23238 22475 22752 22752 21723 21723 19989 19989 20946 20946 19807 19807 20489 20489 20025 20025 20669 20669 20590 20590 20622 20622 21137 21137 20726 20726 21657 21657 21581 21581 22029 22029 20826 20826 21573 21573 21620 21620 22294 22294 21286 21286 22000 22000 21586 21586 21542 21542 23205 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 17835 18219 19617 19294 18567 18406 18406 17452 17452 16458 16458 17188 17188 16521 16521 17103 17103 16582 16582 17167 17167 17023 17023 17284 17284 17513 17513 17404 17404 17789 17789 17923 17923 18166 18166 17405 17405 18232 18232 18221 18221 18784 18784 17949 17949 18661 18661 18320 18320 18547 18547 19703 SU RPLU S 3077 3289 4410 3944 3908 4346 4346 4271 4271 3531 3531 3758 3758 3286 3286 3386 3386 3444 3444 3503 3503 3567 3567 3338 3338 3624 3624 3322 3322 3868 3868 3658 3658 3864 3864 3421 3421 3341 3341 3399 3399 3510 3510 3338 3338 3339 3339 3266 3266 2995 2995 3502 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FROM TH E FEDERAL RESERVE TOTAL 1291 563 781 505 677 556 556 571 571 690 690 1136 1136 1314 1314 1232 1232 1064 1064 4180 4180 3070 3070 2965 2965 3909 3909 5358 5358 7155 7155 7987 7987 8146 8146 7755 7755 7110 7110 6165 6165 6234 6234 5373 5373 4476 4476 4251 4251 3231 3231 2691 EXTENDED SEASONAL C R E D IT 73 69 79 96 109 90 90 116 116 118 118 149 149 132 132 138 138 159 159 195 195 239 239 257 257 289 289 284 284 340 340 338 338 360 360 309 309 328 328 315 315 305 305 265 265 204 204 184 184 115 115 81 5 2 4 6 3 3 3 7 7 22 22 31 31 37 37 44 44 61 61 34 34 16 16 1974 1974 2846 2846 4614 4614 6098 6098 6976 6976 7184 7184 7001 7001 6369 6369 5147 5147 5431 5431 4184 4184 3888 3888 3488 3488 2774 2774 2038 0 17 17 298 298 105 105 150 150 222 222 0 0 34 34 76 76 109 109 -4 1 -4 1 108 108 252 252 97 97 109 109 136 136 157 157 67 67 192 192 268 268 74 74 86 86 68 68 172 172 65 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN C ES W IT H F . R BANKS 22094 22799 22799 20325 20325 19867 19867 20715 20715 22277 22277 21358 21358 23130 23130 23521 23521 22721 22721 21940 21940 22601 22601 23924 23924 23039 23039 24215 24215 22817 22817 23441 23441 23114 23114 24657 24657 25016 25016 25527 25527 25214 25214 25629 25629 26225 26225 27024 27024 27490 27490 27895 TOTAL 23205 22026 22026 23691 23691 24730 24730 23047 23047 21357 21357 22196 22196 21106 21106 21733 21733 21205 21205 22238 22238 21564 21564 21561 21561 22901 22901 21890 21890 22835 22835 22722 22722 22941 22941 21781 21781 22594 22594 22958 22958 22965 22965 22528 22528 22907 22907 22919 22919 22844 22844 23995 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 19703 19002 19002 19994 19994 20624 20624 19272 19272 18093 18093 18828 18828 18126 18126 18764 18764 18182 18182 19068 19068 18473 18473 18724 18724 19550 19550 19043 19043 19505 19505 19550 19550 19689 19689 18880 18880 19766 19766 19971 19971 20294 20294 19667 19667 20117 20117 20028 20028 20199 20199 21022 SU RPLU S 3502 3024 3024 3697 3697 4106 4106 3775 3775 3264 3264 3368 3368 2980 2980 2969 2969 3023 3023 3170 3170 3092 3092 2837 2837 3351 3351 2847 2847 3330 3330 3172 3172 3252 3252 2901 2901 2828 2828 2987 2987 2671 2671 2862 2862 2790 2790 2891 2891 2645 2645 2973 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FROM TH E FED ERAL RESERVE TOTAL 2691 1631 1631 976 976 1369 1369 1174 1174 1865 1865 1289 1289 1775 1775 1158 1158 953 953 1434 1434 1518 1518 1123 1123 1167 1167 1284 1284 917 917 990 990 1088 1088 1392 1392 1171 1171 1395 1395 1118 1118 1075 1075 1178 1178 2928 2928 841 841 1338 EXTENDED SEASONAL C R E D IT 81 58 58 63 63 60 60 81 81 69 69 98 98 121 121 131 131 169 169 160 160 171 171 142 142 153 153 152 152 185 185 224 224 225 225 196 196 212 212 195 195 169 169 151 151 104 104 84 84 53 53 51 2038 1371 1371 593 593 988 988 603 603 1224 1224 839 839 1295 1295 766 766 396 396 369 369 914 914 612 612 620 620 483 483 506 506 509 509 610 610 669 669 656 656 627 627 649 649 598 598 522 522 503 503 524 524 472 65 193 193 153 153 117 117 176 176 77 77 80 80 171 171 -9 -9 170 170 69 69 111 111 70 70 76 76 115 115 49 49 147 147 88 88 193 193 19 19 117 117 16 16 112 112 99 99 128 128 74 74 120 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS -------------- V A U L T RESERVE B ALAN C ES W IT H F . R . BANKS 27895 28293 28293 24718 24718 23907 23907 25003 25003 27090 27090 26694 26694 28237 28237 29319 29319 28686 28686 27902 27902 28557 28557 30137 30137 29029 29029 31241 31241 29491 29491 30146 30146 29766 29766 31523 31523 32055 32055 32093 32093 32999 32999 33501 33501 34869 34869 35182 35182 36520 36520 38670 38670 TOTAL 23995 23973 23973 25005 25005 26377 26377 24645 24645 22882 22882 23291 23291 22439 22439 22710 22710 22454 22454 23056 23056 22774 22774 22603 22603 23923 23923 22824 22824 24053 24053 23729 23729 24199 24199 23088 23088 24036 24036 24426 24426 24397 24397 23680 23680 23870 23870 24340 24340 23923 23923 25197 25197 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 21022 21288 21288 21961 21961 22891 22891 21424 21424 20016 20016 20409 20409 19809 19809 20190 20190 19824 19824 20366 20366 20045 20045 20106 20106 20958 20958 20283 20283 21095 21095 20992 20992 21388 21388 20534 20534 21567 21567 21790 21790 21914 21914 21204 21204 21570 21570 21806 21806 21725 21725 22758 22758 SU RPLU S 2973 2686 2686 3044 3044 3486 3486 3221 3221 2866 2866 2882 2882 2630 2630 2520 2520 2631 2631 2690 2690 2729 2729 2497 2497 2965 2965 2541 2541 2958 2958 2737 2737 2811 2811 2554 2554 2469 2469 2636 2636 2483 2483 2476 2476 2300 2300 2534 2534 2198 2198 2439 2439 ------------- B O R R O W I N G S O F D E P O S I T O R Y -----------IN S T IT U T IO N S FRO M TH E FED ERAL RESERVE TOTAL 1338 614 614 903 903 662 662 1100 1100 704 704 769 769 874 874 861 861 981 981 827 827 871 871 719 719 879 879 758 758 702 702 759 759 910 910 1111 1111 981 981 902 902 771 771 899 899 811 811 610 610 514 514 1186 1186 EXTENDED C R E D IT SEASONAL 51 28 28 42 42 44 44 66 66 65 65 69 69 76 76 64 64 89 89 92 92 101 101 102 102 119 119 104 104 127 127 134 134 152 152 149 149 135 135 125 125 88 88 93 93 68 68 63 63 34 34 37 37 472 471 471 529 529 480 480 506 506 475 475 535 535 576 576 671 671 637 637 571 571 566 566 526 526 525 525 442 442 294 294 373 373 515 515 592 592 569 569 538 538 488 488 476 476 437 437 368 368 310 310 282 282 257 257 113 113 199 199 91 91 109 109 200 200 45 45 153 153 109 109 23 23 121 121 3 3 239 239 -11 -11 250 250 -8 -8 150 150 30 30 90 90 -2 6 -2 6 49 49 -1 -1 81 81 126 126 73 73 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN C ES W IT H F . R . BANKS 38742 38742 35234 35234 32968 32968 33735 33735 35392 35392 34810 34810 36367 36367 38764 38764 37647 37647 36297 36297 36024 36024 37187 37187 35485 35485 37114 37114 35284 35284 35889 35889 35157 35157 36303 36303 36866 36866 36793 36793 36651 36651 38368 38368 37561 37561 37089 37089 38284 38284 37078 37078 TOTAL 25049 25049 25417 25417 27733 27733 25639 25639 24065 24065 24478 24478 23588 23588 23889 23889 23710 23710 23968 23968 24520 24520 24090 24090 25632 25632 24650 24650 25477 25477 24763 24763 25536 25536 24749 24749 25606 25606 25490 25490 26643 26643 25662 25662 25676 25676 26290 26290 25894 25894 27484 27484 C A S H ................... .....................................- - B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE U S E D TO S A T IS F Y RESERVE EXTENDED SURPLU S R E Q U IR E M E N T S TOTAL SEASONAL C R E D IT 22815 22815 23012 23012 24677 24677 22857 22857 21582 21582 22038 22038 21350 21350 21761 21761 21519 21519 21801 21801 22158 22158 21972 21972 23092 23092 22470 22470 23002 23002 22439 22439 23115 23115 22446 22446 23475 23475 23313 23313 24410 24410 23464 23464 23622 23622 23999 23999 23824 23824 25105 25105 2234 2234 2405 2405 3057 3057 2782 2782 2483 2483 2440 2440 2238 2238 2129 2129 2191 2191 2167 2167 2362 2362 2118 2118 2540 2540 2181 2181 2475 2475 2325 2325 2421 2421 2303 2303 2131 2131 2177 2177 2233 2233 2198 2198 2054 2054 2291 2291 2070 2070 2379 2379 505 505 689 689 425 425 680 680 466 466 528 528 641 641 956 956 1410 1410 830 830 1094 1094 635 635 856 856 696 696 652 652 564 564 719 719 647 647 1001 1001 1195 1195 1007 1007 677 677 561 561 683 683 815 815 671 671 28 28 36 36 56 56 81 81 83 83 96 96 98 98 110 110 159 159 190 190 226 226 230 230 298 298 271 271 294 294 289 289 286 286 241 241 226 226 230 230 183 183 169 169 125 125 114 114 83 83 102 102 215 215 227 227 265 265 299 299 275 275 263 263 248 248 267 267 299 299 276 276 297 297 254 254 289 289 261 261 133 133 120 120 128 128 173 173 531 531 469 469 482 482 390 390 334 334 465 465 653 653 316 316 485 485 113 113 131 131 237 237 115 115 65 65 146 146 9 9 51 51 64 64 173 173 172 172 152 152 491 491 52 52 146 146 22 22 174 174 207 207 111 111 56 56 77 77 343 343 -5 -5 142 142 282 282 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS •................V A U L T RESERVE BALAN C ES W IT H F . R BANKS 39192 39192 36999 36999 33695 33695 34127 34127 35563 35563 35744 35744 36998 36998 39124 39124 38332 38332 36758 36758 35711 35711 38640 38640 37280 37280 38851 38851 37403 37403 37348 37348 36419 36419 37345 37345 37683 37683 36475 36475 36656 36656 36127 36127 38181 38181 35999 35999 38369 38369 37111 37111 TOTAL 27092 27092 27014 27014 29896 29896 28422 28422 26453 26453 26691 26691 25771 25771 25653 25653 25573 25573 26182 26182 26732 26732 25580 25580 26710 26710 26705 26705 27112 27112 27094 27094 27923 27923 26878 26878 27308 27308 27452 27452 28140 28140 27831 27831 27227 27227 28268 28268 27322 27322 28936 28936 C A S H ..............................................................B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE U SED TO S A T IS F Y RESERVE EXTENDED C R E D IT TOTAL SEASO NAL SU RPLU S R E Q U IR E M E N T S 24937 24937 24840 24840 26967 26967 25685 25685 23998 23998 24332 24332 23610 23610 23709 23709 23549 23549 24122 24122 24418 24418 23614 23614 24492 24492 24629 24629 24889 24889 24762 24762 25513 25513 24555 24555 25054 25054 25063 25063 25806 25806 25309 25309 25022 25022 25814 25814 25128 25128 26525 26525 2155 2155 2174 2174 2929 2929 2738 2738 2455 2455 2359 2359 2161 2161 1944 1944 2024 2024 2060 2060 2314 2314 1966 1966 2218 2218 2076 2076 2223 2223 2332 2332 2410 2410 2323 2323 2254 2254 2389 2389 2334 2334 2522 2522 2206 2206 2454 2454 2194 2194 2411 2411 1945 1945 508 508 287 287 425 425 537 537 1924 1924 2817 2817 3619 3619 2224 2224 2175 2175 3120 3120 3465 3465 2658 2658 3656 3656 3268 3268 3339 3339 3245 3245 3093 3093 2971 2971 2438 2438 2204 2204 2353 2353 3233 3233 2562 2562 2014 2014 1347 1347 66 66 54 54 55 55 77 77 111 111 123 123 122 122 124 124 191 191 241 241 269 269 287 287 337 337 352 352 390 390 407 407 431 431 432 432 408 408 433 433 337 337 285 285 180 180 178 178 131 131 137 137 485 485 332 332 144 144 232 232 255 255 1685 1685 2494 2494 3278 3278 1787 1787 1798 1798 2538 2538 2986 2986 2138 2138 2340 2340 2663 2663 2748 2748 2671 2671 2482 2482 2075 2075 1704 1704 1681 1681 1931 1931 2838 2838 1863 1863 1529 1529 968 968 72 262 262 209 209 152 152 31 31 86 86 44 44 23 23 236 236 200 200 298 298 67 67 194 194 32 32 282 282 97 97 162 162 145 145 47 47 133 133 82 82 221 221 308 308 12 12 147 147 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN C ES W IT H F . R . BANKS 1989 JA N 4 JA N 11 JA N 18 JA N 25 FEB 1 FEB 8 F E B 15 FEB 22 MAR 1 MAR 8 MAR 15 MAR 22 MAR 29 APR 5 A P R 12 APR 19 APR 26 MAY 3 MAY 10 M AY 17 MAY 24 MAY 31 JU N 7 JU N 14 JU N 21 JU N 28 JU L 5 J U L 12 JU L 19 JU L 26 AUG 2 AUG 9 AUG 16 AUG 23 AUG 30 SEP 6 SEP 13 SEP 20 SEP 27 OCT 4 OCT 11 O CT 18 OCT 25 NOV 1 NOV 8 NO V 15 NOV 22 NOV 29 DEC 6 DEC 13 DEC 20 DEC 27 38746 38746 36509 36509 32255 32255 32458 32458 34410 34410 34630 34630 34626 34626 36249 36249 35910 35910 33864 33864 31964 31964 34608 34608 32950 32950 34866 34866 33410 33410 32969 32969 32599 32599 33053 33053 34424 34424 32643 32643 33581 33581 32778 32778 34468 34468 33394 33394 35399 35399 35130 35130 TOTAL 28911 28911 28327 28327 32311 32311 30559 30559 28402 28402 27560 27560 27917 27917 27161 27161 28049 28049 27589 27589 28645 28645 27546 27546 28570 28570 28532 28532 28911 28911 29169 29169 29854 29854 28713 28713 29111 29111 29312 29312 30100 30100 29916 29916 28947 28947 30194 30194 28865 28865 30462 30462 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 26679 26679 26243 26243 29318 29318 27838 27838 25962 25962 25332 25332 25659 25659 25174 25174 25723 25723 25352 25352 26071 26071 25301 25301 26104 26104 26191 26191 26432 26432 26513 26513 27212 27212 26153 26153 26660 26660 26695 26695 27531 27531 27177 27177 26552 26552 27574 27574 26509 26509 27903 27903 SU RPLU S 2232 2232 2084 2084 2992 2992 2721 2721 2441 2441 2229 2229 2258 2258 1987 1987 2326 2326 2237 2237 2575 2575 2245 2245 2466 2466 2341 2341 2479 2479 2657 2657 2642 2642 2560 2560 2451 2451 2617 2617 2569 2569 2739 2739 2396 2396 2620 2620 2356 2356 2559 2559 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M T H E FEDERAL RESERVE TOTAL 2048 2048 1527 1527 1270 1270 1477 1477 1800 1800 1586 1586 2177 2177 2582 2582 1968 1968 1739 1739 1649 1649 2126 2126 965 965 717 717 681 681 676 676 753 753 538 538 614 614 898 898 653 653 345 345 272 272 441 441 151 151 351 351 EXTENDEDNET SEASO NAL C R E D IT 94 94 61 61 78 78 99 99 116 116 136 136 167 167 190 190 265 265 336 336 373 373 388 388 467 467 483 483 509 509 497 497 489 489 485 485 438 438 453 453 342 342 280 280 147 147 115 115 87 87 89 89 1208 1208 1028 1028 792 792 1111 1111 1250 1250 1164 1164 1675 1675 1970 1970 1387 1387 1206 1206 1148 1148 1657 1657 287 287 146 146 90 90 55 55 44 44 22 22 21 21 25 25 19 19 23 23 20 20 23 23 22 22 19 19 CARRYCV 146 146 143 143 82 82 229 229 48 48 85 85 15 15 307 307 -1 4 4 -1 4 4 200 200 123 123 270 270 185 185 144 144 36 36 203 203 4 4 97 97 45 45 135 135 111 111 150 150 282 282 114 114 161 161 63 63 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS -------------- V A U L T RESERVE BALAN C ES W IT H F . R . BANKS 36627 36627 34423 34423 29799 29799 30597 30597 32724 32724 33730 33730 33433 33433 36421 36421 34887 34887 33855 33855 31269 31269 34385 34385 33390 33390 33958 33958 32390 32390 32389 32389 32463 32463 32477 32477 34316 34316 32389 32389 32833 32833 31365 31365 33821 33821 32848 32848 34046 34046 28413 28413 TOTAL 30736 30736 30287 30287 34193 34193 32801 32801 30229 30229 29267 29267 29590 29590 28932 28932 29594 29594 28869 28869 30853 30853 28993 28993 30111 30111 30268 30268 30553 30553 30597 30597 31376 31376 30229 30229 30293 30293 31227 31227 31681 31681 31425 31425 30652 30652 31631 31631 30307 30307 32701 32701 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 28335 28335 28045 28045 31156 31156 29956 29956 27706 27706 27004 27004 27278 27278 26920 26920 27259 27259 26730 26730 28268 28268 26803 26803 27676 27676 27885 27885 28094 28094 27974 27974 28815 28815 27720 27720 27976 27976 28565 28565 29171 29171 28756 28756 28293 28293 29125 29125 28027 28027 29621 29621 SU RPLU S 2401 2401 2242 2242 3038 3038 2845 2845 2523 2523 2263 2263 2312 2312 2013 2013 2335 2335 2139 2139 2585 2585 2190 2190 2435 2435 2384 2384 2459 2459 2623 2623 2562 2562 2509 2509 2317 2317 2662 2662 2510 2510 2669 2669 2360 2360 2507 2507 2280 2280 3080 3080 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FROM TH E FEDERAL RESERVE TOTAL 339 339 300 300 865 865 1480 1480 1967 1967 2179 2179 2157 2157 1882 1882 1155 1155 976 976 1723 1723 1291 1291 566 566 581 581 832 832 908 908 1124 1124 638 638 705 705 516 516 401 401 397 397 282 282 193 193 130 130 504 504 EXTEND ED SEASO NAL C R E D IT 58 58 41 41 44 44 50 50 60 60 75 75 96 96 100 100 158 158 221 221 278 278 282 282 329 329 359 359 396 396 429 429 432 432 430 430 410 410 424 424 345 345 307 307 195 195 140 140 87 87 79 79 19 19 27 27 33 33 133 133 1841 1841 1995 1995 1965 1965 1676 1676 899 899 673 673 1098 1098 559 559 183 183 182 182 298 298 419 419 38 38 8 8 5 5 9 9 13 13 26 26 25 25 25 25 25 25 22 22 118 118 190 190 70 70 116 116 69 69 37 37 39 39 128 128 47 47 263 263 230 230 234 234 -8 9 -8 9 170 170 74 74 126 126 3 3 69 69 37 37 55 55 117 117 228 228 69 69 185 185 268 268 4 4 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS -------------- V A U L T RESERVE BALAN C ES W IT H F . R . BANKS 26198 26198 21193 21193 18776 18776 20049 20049 20228 20228 22209 22209 21949 21949 24257 24257 23061 23061 22907 22907 21363 21363 24027 24027 23344 23344 23853 23853 22977 22977 23029 23029 22508 22508 23077 23077 24771 24771 22024 22024 23418 23418 22980 22980 25494 25494 24155 24155 26839 26839 26133 26133 TOTAL 32793 32793 32065 32065 35766 35766 33365 33365 32031 32031 30287 30287 31081 31081 30326 30326 30718 30718 30351 30351 31251 31251 29799 29799 30950 30950 31342 31342 31353 31353 31273 31273 32516 32516 31128 31128 31009 31009 32274 32274 32326 32326 32377 32377 30843 30843 32655 32655 31088 31088 33280 33280 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 28876 28876 28222 28222 30384 30384 28638 28638 27629 27629 26413 26413 26989 26989 26762 26762 26781 26781 26532 26532 27114 27114 26115 26115 27048 27048 27404 27404 27456 27456 27234 27234 28469 28469 27254 27254 27408 27408 28141 28141 28506 28506 28377 28377 27326 27326 28825 28825 27607 27607 29554 29554 SU RPLU S 3918 3918 3844 3844 5382 5382 4727 4727 4402 4402 3874 3874 4092 4092 3564 3564 3937 3937 3820 3820 4137 4137 3684 3684 3902 3902 3938 3938 3897 3897 4040 4040 4047 4047 3875 3875 3601 3601 4133 4133 3820 3820 4000 4000 3517 3517 3830 3830 3481 3481 3726 3726 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE TOTAL 295 295 884 884 191 191 179 179 426 426 185 185 212 212 224 224 244 244 314 314 299 299 283 283 314 314 601 601 469 469 892 892 679 679 795 795 828 828 383 383 290 290 225 225 114 114 103 103 110 110 116 116 EXTEND ED SEASONAL C R E D IT 41 41 28 28 35 35 37 37 41 41 51 51 68 68 70 70 92 92 138 138 165 165 176 176 242 242 290 290 320 320 351 351 330 330 320 320 269 269 296 296 228 228 191 191 98 98 84 84 45 45 41 41 22 22 28 28 30 30 27 27 50 50 47 47 62 62 76 76 103 103 128 128 59 59 9 9 8 8 5 5 4 4 188 188 281 281 406 406 496 496 41 41 7 7 14 14 2 2 2 2 1 1 1 1 248 248 412 412 -1 6 -1 6 395 395 128 128 75 75 80 80 241 241 52 52 220 220 152 152 204 204 -1 3 -1 3 313 313 49 49 109 109 -1 4 -1 4 98 98 195 195 88 88 122 122 149 149 241 241 186 186 158 158 -6 7 -6 7 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN C ES W IT H F . R BANKS 27557 27557 26147 26147 22374 22374 25108 25108 25922 25922 29111 29111 27578 27578 22885 22885 22137 22137 21746 21746 20356 20356 21374 21374 21205 21205 21014 21014 21277 21277 21264 21264 21515 21515 20991 20991 23439 23439 22048 22048 23810 23810 23031 23031 25535 25535 25730 25730 24548 24548 25209 25209 26569 TOTAL 33315 33315 33155 33155 36382 36382 34385 34385 32946 32946 30571 30571 32415 32415 30457 30457 31647 31647 30352 30352 32075 32075 30913 30913 31951 31951 32592 32592 32237 32237 31617 31617 32690 32690 32544 32544 31625 31625 33035 33035 32933 32933 33328 33328 31691 31691 32407 32407 34325 34325 34773 34773 34381 C A S H --------------------------------- U SED TO S A T IS F Y RESERVE R E Q U IR E M E N T S 29601 29601 29732 29732 32137 32137 30494 30494 29169 29169 27398 27398 28826 28826 27353 27353 28225 28225 27091 27091 28418 28418 27591 27591 28487 28487 28910 28910 28779 28779 28105 28105 29166 29166 28896 28896 28438 28438 29351 29351 29438 29438 29790 29790 28539 28539 29117 29117 30918 30918 31373 31373 31105 SU RPLU S 3714 3714 3423 3423 4246 4246 3891 3891 3777 3777 3173 3173 3589 3589 3104 3104 3422 3422 3262 3262 3657 3657 3322 3322 3464 3464 3682 3682 3458 3458 3512 3512 3524 3524 3648 3648 3188 3188 3684 3684 3495 3495 3538 3538 3152 3152 3291 3291 3407 3407 3400 3400 3276 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE TOTAL 521 521 136 136 130 130 69 69 63 63 75 75 117 117 56 56 118 118 153 153 157 157 152 152 188 188 455 455 215 215 241 241 249 249 258 258 321 321 259 259 185 185 118 118 66 66 138 138 95 95 60 60 269 EXTENDED SEASONAL C R E D IT 22 22 13 13 20 20 22 22 24 24 29 29 38 38 37 37 57 57 75 75 113 113 125 125 150 150 187 187 199 199 222 222 221 221 226 226 187 187 196 196 146 146 95 95 53 53 37 37 22 22 19 19 12 1 1 0 0 2 2 2 2 3 3 2 2 1 1 1 1 4 4 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 0 25 30 30 68 68 218 218 188 188 -8 7 -8 7 348 348 181 181 300 300 -5 4 -5 4 302 302 -6 1 -6 1 193 193 -7 -7 120 120 53 53 46 46 54 54 -2 9 -2 9 184 184 220 220 335 335 99 99 318 318 124 124 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE BALAN C ES W IT H F . R . BANKS 26569 24057 24057 21500 21500 23301 23301 24335 24335 24029 24029 24747 24747 26612 26612 27586 27586 25228 25228 26396 26396 26543 26543 26352 26352 26579 26579 27489 27489 25251 25251 26939 26939 26564 26564 27719 27719 26837 26837 27843 27843 28798 28798 28017 28017 29742 29742 28999 28999 28950 28950 30367 TOTAL 34381 36406 36406 36374 36374 34768 34768 32154 32154 34478 34478 32333 32333 33207 33207 31997 31997 34212 34212 32718 32718 33676 33676 34227 34227 34377 34377 34011 34011 35350 35350 34858 34858 33872 33872 35326 35326 35149 35149 35795 35795 34304 34304 36211 36211 34899 34899 36500 36500 37205 37205 36498 C A S H --------------------------------- U S ED TO S A T IS F Y RESERVE R E Q U IR E M E N T S 31105 32829 32829 32470 32470 31069 31069 28902 28902 30944 30944 29098 29098 29995 29995 28960 28960 30816 30816 29455 29455 30391 30391 30897 30897 31032 31032 30772 30772 31883 31883 31483 31483 30693 30693 31999 31999 31781 31781 32278 32278 30946 30946 32767 32767 31566 31566 33125 33125 33821 33821 33279 SU RPLU S 3276 3577 3577 3904 3904 3699 3699 3252 3252 3534 3534 3236 3236 3212 3212 3037 3037 3396 3396 3263 3263 3285 3285 3331 3331 3345 3345 3240 3240 3468 3468 3375 3375 3180 3180 3327 3327 3369 3369 3517 3517 3359 3359 3444 3444 3333 3333 3375 3375 3385 3385 3219 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE TOTAL 269 202 202 64 64 33 33 56 56 93 93 98 98 38 38 99 99 142 142 105 105 118 118 158 158 311 311 220 220 232 232 431 431 305 305 544 544 321 321 420 420 205 205 132 132 74 74 56 56 59 59 142 EXTENDED SEASO NAL C R E D IT 12 11 11 11 11 18 18 20 20 22 22 32 32 31 31 47 47 71 71 90 90 101 101 145 145 190 190 211 211 222 222 227 227 246 246 226 226 247 247 222 222 189 189 105 105 68 68 43 43 34 34 16 0 1 1 3 3 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 246 58 58 101 101 127 127 465 465 -7 1 -7 1 181 181 378 378 205 205 496 496 247 247 462 462 215 215 70 70 105 105 82 82 209 209 53 53 219 219 92 92 450 450 315 315 328 328 304 304 280 280 221 221 63 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS ---------------V A U L T RESERVE B ALAN C ES W IT H F . R . BANKS 30367 28745 28745 25672 25672 26339 26339 27811 27811 27139 27139 27434 27434 29641 29641 30212 30212 26702 26702 26848 26848 26816 26816 26473 26473 26239 26239 26908 26908 24703 24703 25594 25594 25099 25099 25720 25720 24641 24641 24824 24824 25025 25025 23771 23771 25360 25360 24638 24638 24288 24288 25189 TOTAL 36498 38253 38253 38077 38077 37478 37478 34624 34624 36659 36659 34670 34670 35442 35442 34759 34759 36454 36454 35328 35328 36217 36217 37241 37241 37026 37026 37198 37198 38570 38570 38121 38121 36920 36920 38458 38458 38398 38398 38545 38545 37620 37620 39260 39260 38257 38257 39951 39951 40876 40876 39982 C A S H --------------------------------- U SED TO S A T IS F Y RESERVE R E Q U IR E M E N T S 33279 34691 34691 34152 34152 33651 33651 31282 31282 33105 33105 31440 31440 32268 32268 31599 31599 32983 32983 31952 31952 32806 32806 33689 33689 33571 33571 33754 33754 34818 34818 34486 34486 33455 33455 34839 34839 34700 34700 35138 35138 34137 34137 35506 35506 34677 34677 36245 36245 37082 37082 36429 SU RPLU S 3219 3563 3563 3926 3926 3828 3828 3342 3342 3554 3554 3230 3230 3175 3175 3160 3160 3472 3472 3376 3376 3411 3411 3552 3552 3455 3455 3444 3444 3752 3752 3636 3636 3465 3465 3619 3619 3698 3698 3407 3407 3484 3484 3755 3755 3580 3580 3706 3706 3794 3794 3553 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FRO M TH E FEDERAL RESERVE TOTAL 142 74 74 45 45 95 95 45 45 39 39 68 68 125 125 114 114 170 170 216 216 218 218 266 266 568 568 412 412 458 458 442 442 498 498 447 447 535 535 433 433 346 346 351 351 201 201 216 216 179 179 246 EXTENDED SEASONAL C R E D IT 16 11 11 18 18 15 15 15 15 17 17 32 32 40 40 64 64 102 102 141 141 176 176 217 217 292 292 357 357 413 413 430 430 468 468 437 437 458 458 403 403 326 326 223 223 152 152 112 112 98 98 95 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 63 -6 3 -6 3 338 338 303 303 285 285 373 373 399 399 281 281 90 90 546 546 241 241 211 211 212 212 165 165 97 97 -9 2 -9 2 212 212 202 202 277 277 148 148 328 328 298 298 10 10 11 11 -4 8 -4 8 112 112 196 TABLE 6 MEMORANDUM ITEMS NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS VAULT RESERVE BALAN CES W IT H F . R . BANKS 1995 1996 JA N JA N JA N JA N FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY MAY JU N JU N JU N JU N JU L JU L JU L JU L AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC JA N JA N JA N 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 25189 23958 23958 19603 19603 21028 21028 22710 22710 22316 22316 22869 22869 23412 23412 25542 25542 21994 21994 21406 21406 20875 20875 21478 21478 20546 20546 21733 21733 19920 19920 20793 20793 20395 20395 21029 21029 20182 20182 19886 19886 20496 20496 19334 19334 20270 20270 20438 20438 19563 19563 21558 21558 19658 19658 TOTAL 39982 42193 42193 43164 43164 41303 41303 37932 37932 39328 39328 37798 37798 38459 38459 37498 37498 39265 39265 38713 38713 39355 39355 40116 40116 39725 39725 40421 40421 40993 40993 40902 40902 39329 39329 40558 40558 40631 40631 41156 41156 39859 39859 41126 41126 40218 40218 40653 40653 42943 42943 41865 41865 44166 44166 C A S H --------------------------------- U S E D TO S A T IS F Y RESERVE R E Q U IR E M E N T S 36429 38223 38223 38793 38793 37274 37274 34286 34286 35636 35636 34278 34278 34941 34941 34158 34158 35550 35550 34955 34955 35549 35549 36240 36240 35930 35930 36491 36491 36878 36878 36898 36898 35491 35491 36693 36693 36556 36556 36805 36805 35770 35770 36846 36846 36071 36071 36274 36274 38053 38053 37353 37353 39104 39104 SU RPLU S 3553 3970 3970 4371 4371 4029 4029 3646 3646 3692 3692 3520 3520 3519 3519 3340 334Q 3710 3710 3758 3758 3806 3806 3876 3876 3795 3795 3930 3930 4116 4116 4004 4004 3838 3838 3866 3866 4075 4075 4352 4352 4090 4090 4280 4280 4148 4148 4379 4379 4890 4890 4513 4513 5062 5062 ------------- B O R R O W I N G S O F D E P O S I T O R Y IN S T IT U T IO N S FROM TH E FED ERAL RESERVE TOTAL 246 68 68 176 176 51 51 60 60 59 59 79 79 76 76 130 130 148 148 144 144 165 165 286 286 336 336 293 293 478 478 250 250 288 288 268 268 274 274 338 338 227 227 121 121 236 236 233 233 300 300 218 218 22 22 EXTEND ED SEASONAL C R E D IT 95 38 38 41 41 31 31 36 36 44 44 59 59 61 61 90 90 124 124 140 140 150 150 155 155 214 214 224 224 245 245 247 247 272 272 245 245 261 261 240 240 204 204 116 116 63 63 51 51 41 41 34 34 4 4 0 0 0 10 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NET CARRYOVER 196 139 139 396 396 598 598 447 447 313 313 9 9 240 240 -2 4 2 -2 4 2 -4 7 -4 7 85 85 31 31 -1 0 8 -1 0 8 127 127 54 54 -3 3 -3 3 257 257 392 392 165 165 -2 8 -2 8 1 1 68 68 62 62 62 62 -3 8 -3 8 9 9 64 64 157 157
@FedFRASER