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G.IO For immediate r e l e a s e September 11, 1967. AGGREGATE RESERVES AND MEMBER BANK DEPOSITS (Averages of d a i l y f i g u r e s , i n b i l l i o n s of d o l l a r s ) Seasonally adjusted Member bank r e s e r v e s \ / Period Total 1967--Aug. Sept. Oct. Nov. Dec. 22.54 22.62 22.49 22.43 22.42 1967—Jan. Feb. Mar. Apr. May 22.77 22.99 23.41 23.46 23.45 23.61 23.84 24.09 July August Nonborrowed 1 Required D e p o s i t s s u b j e c t t o r e s e r v e r e q u i r e m e n t s 2/ Total-/ Time and Savings Net Demand D e p o s i t s Total Private 4/ U.S. G o v ' t . 21.87 21.83 21.71 21.86 21.85 22.24 22.22 22.17 22.11 22.14 245.6 245.5 244.6 244.0 244.4 128.8 129.2 129.0 128.4 129.4 116.8 116.3 115.6 115.6 114.9 112.4 112.4 111.6 111.6 111.7 4.4 3.9 4.0 4.0 3.2 22.33 22.65 23.21 23.30 23.39 23.49 23.80 24.08 22.41 22.63 22.92 23.08 23.05 23.14 23.45 23.76 247.7 251.0 254.0 256.0 257.2 259.2 262.4 266.2 131.4 133.6 135.6 137.2 138.6 140.8 142.5 144.8 116.3 117.4 118.4 118.9 118.6 118.4 120.0 121.4 111.4 112.4 113.6 113.1 114.5 116.1 116.8 117.6 4.9 5.0 4.8 5.8 4.1 2.2 3.2 3.7 p - Preliminary. 11 Data on member bank r e s e r v e s p r i o r t o A p r i l , 1967 a r e a d j u s t e d t o e l i m i n a t e e f f e c t s of changes in r e s e r v e requirement percentages. 2/ Components may not add t o t o t a l s due t o r o u n d i n g . V Sometimes r e f e r r e d t o as t h e "bank c r e d i t proxy." For a b r i e f d e s c r i p t i o n of t h e s e r i e s , see F e d e r a l Reserve B u l l e t i n . October 1966, pp. 1460-1461. 4 / P r i v a t e demand d e p o s i t s i n c l u d e a l l demand d e p o s i t s e x c e p t t h o s e due t o U.S. G o v ' t , l e s s cash items in p r o c e s s of c o l l e c t i o n and demand b a l a n c e s due from d o m e s t i c commercial b a n k s . for FRASER Digitized
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