View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL'
statistical

RESERVE

release

?«snpr

H.6

For immediate release
December 1, 1966

The seasonally adjusted money supply increased $500 million in the week
ending Novetnber 23, the first increase since early October, The average level in
the first four weeks of November was $600 million below the October average.
Time deposits adjusted increased $200 million in the latest week, and thus far
in November these deposits have averaged $100 million lower than in October.

MOSEY SUPPLY AND TIME D E B I T S
Averages of daily figures, in billions of dollars
Seasonally adjusted
Money Supply

|
Period

Currency

Total

component

I Time deposits
adjusted
Demand d e p o s i t !
(All commercial
component
j
banks)
143.7
129.5
'
145.5
130.9
146.9

JL965^=October- —
November
December

16571

3675

165.6
167.2

36.1
36.3

1966—January
February
March
April
May

168.0
168.2
169.3
170.9
170.2
171.1
169.6
169.6
170.5
169.6

36.6
36.8
36.9
37.2
37.3
37.4
37.7
37.8
37.9
37.9

131.4
131.4
132.3
133.7
132.9
133.7
132 .0
131.8
132 .6
131.7

147.8
148.5
149.5
151.4
153.0
153.7*
155.3
156.6
157.1
156.8

168.9

37.9
38.0
37.9
37.9

132.8
132.2
131.7
131.0

157.0
156.9
157.0
156.6

168.9
16-8.8
168.9
169.4

37.8
38.0
38.1
38.1

131.1
130.8
130.9
131.4

156.7
156.6
156.7
156.9

June

!

1

July
August
September
October
Week ending:
1966—Oct. 5
12
19
26
Nov./2

S9

16 p
23 p

|

170.7
170.2

1 169.6

1

1
38.0
1
13U1
1 156.7
Average of l a s t 4 -weeks [ 169,(1
NOTE: Components may not add due tojroiinding. See reverse side for data without
seasonal adjustments and for description of series*
* Break in 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.)

| Related deposits
( A l l commercial banks)
1 Demand d e p o s i t
Time
| U.S. Gov't.
1
component
adjusted
demand

Money Suppl 7
Period
Total

1 Currency
1 component

1965—October
November
December

165.7
167.3
172.0

36.0
36.5
37.1

129.7
130.8
134.9

1966—January
February
March
April
May
June
July
August
September
October

173.0
167.8
167.8
171.6
166.9,
168.8 j
16 7.9 1
166 . 9 1
169.5
170.1

36.5
36.4
36.6
36.8
37.0
37.3
37.8
37.8
37.9
38.0

136.5
131.4
131.3
134.8
129.9
131.5
130.1
129.0
131.5
132.1

1

169.8
170.0
170.3
169.5

37.9
38.3
38.1
37.8

131.9
131.7
132.2
131J

i

171.1
171.0
171.4
170.5

37.8
38.5
38.6
38.6

Week, ending:
1966—Oct. 5
12

ll

26
Nov. ^2
^9
16 p
23 p

1

|

!

j

133.3
132.5
132.8
131.9

!

143.5
144.3
145.2

5.0
4.1
4.6

!
i

147.3
148.7
150.2
152.2
153.9
154.1*
155.8
157.0
156.9
156.6

3.8
5.2
4.6
3.1
7.2
6.3
8.1
5.2
4.5
4.8

,
i
:
1
1

|
!
|

156.9
156.9
156.8
156.3

6.7
4.5
3.2
5.6

156<2
155.9
155.6
155.3

4.7
4.6
3.2
3.3

*E£fective 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.
i p - Preliminary .
*r J
NOTE: Money'supply consists of (1) demand deposits at all commercial banks, other than
those due to domestic commercial banks and the U.S. Government, less cash items in
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
ofj all commercial banks. Time deposits adjusted are time deposits at all commercial
banks other than those due to domestic commercial banks and the U.S. Government.