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FEDERAL
statistical

RESERVE

release

wis*
H.6

For inmiediate relear>£
April 27, 1967

The seasonally adjusted money supply continued to decline in the latest
week, falling below the average level for March Dy about $1,3 billion. Time
deposits adjusted continued to expand at about the same relatively rapid pace as
in other recent weeks„

MOMEY SUPPLY AND TIME DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

Money Supply
Period

Currency

Total

I

component
_ .

Time d e p o s i t s
adjusted
( A l l commercial
banks)
149.5
151.4
153.0
153.7*
155.3
156.6
157.1
156.8
156.8
158.0

Demand d e p o s i t
component
132.3
133.7
132.9
133.7
131.9
131.8
132.6
131.7
131.2
132.1

1966—March
April
MayJune
July
August
September
October
November
December

169.3
170.9
170.2
171.1
169.6
169.6
170.5
169.6
169.2
170.3

1967—January
February
March p

169.6
170.4
172.8

38.5
38.7
39.0

131.1
131.7
133.9

160.5
163.2
165.3

Week e n d i n g :
1967—Mar.
8
15
22
29

172.0
173.1
172.6
173.6

38.9
39.0
39.0
39.1

133.0
134.1
133.6
134 .5

164 4
165.2
165.6
166.0

173.4
172.8
171.5

38.9
39 0
39.1

134.5
133.7
132.4

Apr.

5 p
12 p
19 p

1

37.2
37.3
37 A
37.7
37.8
37.9
38.0
38.0
38.3

!
'
!

j
|

166.4
167 0
167 5

166.7
133.8
|
39.0
Average of l a s t 4 weeks
172.8
NOTE: Components may not add due to rounding. See reverse side for data without
seasonal adjustments and for description of series.
* - Break m series, for description see footnote on reverse side.
p - Preliminary.




DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages of daily figures, In billions of dollars. Not seasonally adjusted.)
1

Related d e p o s i t s
( A l l coimnencal banks)

Money Supply
Period

1966- -March
April
May
June
July
August
September
October
November
December

167.8
171.6
166.9
168.8
.9
167.
.9
166.
.4
169,
.1
170.
171.0
175.2

1967—January
February
March p

174.6
170.0
171.3

38.4
38.3
38.6

j

136.2
131.7
132.8

Time
ad nisted
150.2
152.2
153.9
154.1*
155.8
157.0
156.9
156.6
155.6
156.3
j

160.0
163.3
166.1

U.S. Gov't
demand

1.6
3.1
7.2
6.3
8.2
5.2

V*
4.8
3.5
i

4.2
5.1

4.9

1

Week ending:
1967—Mar.
8
15
22
29
Apr .

Demand deposit
component
131.3
134.8
129,
.9
131,
.5
130.
.1
129.
.1
131,
.5
132,
.1
132 .5
136.2

Currency
component
36.6
36.8
37.0
37.3
37.8
.9
37.
.9
37,
38J1
38.5
39.1

Total

1

170.0
171.7
173.0
170.7

5 p
12 p
19 p

172.4
173 1
174.6

l
j

1

38.7
38.6
38.6
38.4

|

38.5
38.9
38.7

!

j
I
1

• • m i - .

•

—i*

165.0
166.0
166 A
167.0

133.9
134.3
135.9

i

131.3
133.1
134.3
132.3

167 .5
168.0
168.2

4.2
5.4

M
4.9
3.9
3.6

1

^Effective June 9, 1966, balances accumulated for payment of personal loans were
reclassified for reserve purposes and are excluded from time deposits reported by
member banks. The estimated amount of such deposits at all commercial banks ($1,140
million) is excluded from time deposits adjusted thereafter.
p - Preliminary.
NOTE: Mon^y supply consists of (1) demand deposits at all commerical banks, other
than those due to domestic commercial banks and the U.S. Government, less cash items
m process of collection and Federal Reserve float, (2) foreign demand balances at
Federal Reserve Banks; and (3) currency outside the Treasury, the Federal Reserve and
the vaults of all commercial banks. Time deposits adjusted are time deposits at all
commerical banks other than those due to domestic commercial banks and the U.S.
Government.





Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102