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FEDERAL
statistical

RESERVE
release

e

*AL$&&

H 6

Fdr immediate release
December 10, 1970

The seasonally adjusted money supply increased $800 million on average
in November to a level of $213*8 billion
Total time and savings deposits increased
$2,8 billion on average in November, with the rate of expansion increasing somewhat
in the latest three weeks.

MONEY SUPPLY AND TIME DEPOSITS
(Averages of daily figures, m billions of dollars)
Seasonally adjusted

Money Supply
Period

Currency
component

Total

Demand d e p o s i t
component

Time d e p o s i t s
adjusted
(All commercial
banks)

1969—Novmeber
December

203.5
203.6

45 9
46.0

157.6
157 7

194 0
194 6

1970—January
February
March
April
May
June
July
August
September
October
November p

205.2
204.5
206.6
208.3
209.2
209.6
210.6
211.8
212.8
213.0
213.8

46.2
46 4
46,7
47.1
47 7
47 8
48 1
48 2
48.2
48.5
48 6

159 0
158 1
159 8
161 2
161 6
161.9
162 5
163 7
164 6
164 5
165 1

1^93 3
193 5
1^5V3
198 5
200 3
202 2
208 2
213 2
218 5
222 2
225 0

Week ending*
1970—Oct

Nov

Dec.

7
14
21
28
4
11
18
25 p
2 p

Average of l a s t 4 weeks
c - Corrected
r - Revised




c
c

r

213.7
212.7
213.9
212 2

\

48.4
48 5
48 6
48 5

165
c 164
165
c 163

4
2
3
7

r 221
222
222
223

0
0
8
0
4
8
9
1

212.7
213.2
213.9
213.8

48.6
48 6
48.7
48.6

164 1
164 5
165.2
165 2

223
223
224
226

214 5

48 6

165 9

227 1

213 9

48 6

165 2

225 5

DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages of daily figures, in billions of dollars

Not seasonally adjusted )

Related d e p o s i t s
( A l l commercial banks)
USGov't
Time
adjusted
demand

Money Supply
Period

Currency 1 Demand d e p o s i t
component
component

Total
205 3
209.8

46 4
46.9

211.4
202.8
204.7
209.3
205.3
207.8
209.0
208 7
c 211 4
213.0
215 6

46 1
45.9
46.3
46.6
47.3
47 7
48.3
48 3
48 2
48 5
49 1

c
c
c
c

48.6
48 7
48.5
48 1
48
49
49
49

1969—November
December
L970--January
February
March
April
May
June
July
August
September
October
November p

feek ending
970—Oct
7
14
21
28
Nov

!

213
213
213
211

7
2
3
3

4
11
18
25 p

215 3
214 9
r 216.3
214 1

2 p

217 4

Dec

5
3
2
1

49 3

i
!

158 9
162 9

193.4
193.2

5 2
5.6

192.7
L93 0
195.9
199.3
201.1
202.3
208.1
214.0
218.4
222.5
224.6

4 8
7.1
6.9
5.3
6.4
6.5
6.8
7.1
6.8
6.1
5.6

165 0
c 164.5
164.8
163.3

221.2
222.2
222.9'
223.1

7.5
4.9
4.9
7.0

166
165
r 167
165

223.4
224.0
224.5
225 3

5.9
4.9
4.9
6.6

225.8

5 8

165.4

1

|

156 8
158.4
162.6
158^0
160.*!
160.7
160.4
163 T.
164 5
166.4

1

i

8
5
1
0

r

168 1

i

p - Preliminary
c - Corrected
r - Revised
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 of 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