Full text of H.6 Money Stock Measures : December 14, 1960

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

J.3

BOARD QP GOVERNORS OF THE FEPEEAL RESERVE SYSTEM
For imnediate release

December 1&, i960

UEMAHD DEPOSITS, CUREEJiCY, AiSD RELATED ITEMS
(Averages of d a i l y figures)

Money supply (defined as demand deposits adjusted
and currency outside banks),, declined $0,1* b i l l i o n in
November a f i e r allowance for the usual seasonal .change.
Semimonthly figures showed a large seasonally, ad justed increase in the second half of Octoberj but an even larger
d e c l i n e in Ilovember*
Most of the decline in money supply was in member
bank demand d e p o s i t s . Time deposits a t member banks, however,
rose $200 million further in November, a< month in which time
d e p o s i t s usually d e c l i n e . (In November 1959, the decline was
# 0 0 million.)'

BEMAMD DEPOSITS AND CURRENCY
Seasonally Adjusted
*(35.11ione of d o l l a r s )

113.2

29.0

I960 - August
September
October
ITovembe'r P

110.8
111.5
111,6
111.2

28.9
29.O
29.0
29.0

SEMIMONTHLY
196CT- August




'September

October
November

(1)
(2)
(1)

(2)

(!)
(2)
(1)
(2)-P

j

110.7
11;.0
111.3
111.6
111.0
112.2
111.6
110.9

1

Currency
component

HOMELY
1 9 5 9 ' - November
I
1

(3)

(2)

(1)
IDemand
depos i t
component

,

29.0
28,8
29.O
28.9
29.0
29.0
29.0
29.0

Money
supply

(1)T(2)
142.2
\

j

139.7
11*0.4
140.6
140.2
139.7
139.8
140.3
140.5
140.0
141.2
140.6

139.9

p - Preliminary*
NOTE: Congponents iray not add t o t o t a l s due t o rounding.

DEMAND DEPOSITS, CURRENCY, AND RELATED EEMS
Without Seasonal Adjustment
Monthly, Semimonthly, and Weekly Averages of Daily Figures
{Billions, of dollars)

, CD

(3)
ft)
[Demand 1ieposit component p Non- 1 All
[Member men-ber
comm'l.
1
COITOH'
I
s
banks
1 banks
' banks 1 (if* (2

(h)
Currency
Component

(5)

,
1

(6)
(7)
>kmber banks
lu. S. Govt
Money
*ia»
demand
supply
deposits
deposits
(3)*(iQ

M03THLY
1959 - Koveniber

9lu5

i 19.7

I960 «? Septerber
October
flbverber p

91*6
92,(1
92,3

1

SEHTMOt^qiY
I960 - :&j'

91,2
89e7
90„U
90 ;k
90,0
91.ii |
91.1*
90.6 j
91.6
91.5 ;
91.3
( 2 ) j 92.6
(1)
92*5
(2)p 92.0

(1) '
(2)
June
(1)
(2)
J^iy
(1) 1
(2)
August
(1) i
(2) j
September (1)
(2) |
October* (1) i

Hoveriber

i

19.1
19,5

29,2

llk.l

Hf3o3 I 53.8

ix.2

29.1
139.7
56,9
29.1 1 Ui0o6 I 57.L
29.2
lia.it
57,6

I fe.8

19"c?

110,7
111. 5
112.2

19.0
18.6
18.9
18.6
18,9
18,9
I8c9
18.7
19.0
19.1
19,3
19,8
19,9
19.9

110,2
108,3
109«2 1
109.0
108,9 j
110,3 |
110.U
109.3
110.7 !
1\0.7
110.6
112. h
112.1
111, 9 j

28.8
28,7
28;9
28.8 j
29.2
29.0 j
29.2 1
28.9 :
29.2
28,9, i
29.2 j
29.0 1
29.2
29.3 j

139»0
137,9
138.2
137,9 1
138.1
139*3
139*6 1
138.2 j
139,8
139,6 j
139.7 j
iia.it;
iia.6
liil.2

111.9
112,3
112*9
112,2 1
112,6' 1
111.6 '
112.2 j

29,1 !
23.9
2B.9
29,3
29.3
Z9.3
29.2

!
i
i
|
|
1

1

9.2,0
26 1 92,6
November 2
93.2 !
9 ! 92.3 :
16
92.5
23 P
91,'7
30 p
92.3

^f—^—•»~m m

a.i i wi/i t i

u

19*9
19.7
19,7
19.9
20«l
20,0
19.7 j

tt,9

56,5
56,8
57.0
57.3
57.5
57.6 i

5.1
5.2

5.U
6.2
5.3
6.2
5.9
6.2

5.5
5.U

57*5 1

3.9
5.8
5oU
U.8
5,2
5.2

•iia.i
iiji,2

57«l*
57.6

3=8
h.9

1UC8

57;6 1

$.$

liil.5 i•

lia,9 1

5eit
U.8

lilO,? :

57*8
57,5 \
$1.$

i\a*k

57.5

k.9

"WEEKLY

19o0 - October 19

5U.L
SU.5
5it.7
55*0
$$ok
55.7

1

5.U

i •

NOTES;; The deaand deposit component c o n s i s t s of demand deposits other than domestic
xbteibank and IT. S« Government, l e s s cash items reported as i n process of c o l l e c t i o n andJFederal Reserve float*
Cash items reported as i n the process of c o i l e c . t i o n ' b y meriber banks are deducted from the demand deposits of member banks and
nociaember commercial bank demand deposits follbw a p a r a l l e l l o g i c . SiAce Federal
Beserve float i s not d i v i s i b l e on the b a s i s of mentoer-nonmember a t t r i b u t i o n , i t
i s deducted in whole from the membfer bank* demand .deposit component (coltum 1 ) .
^se-ewrrency eonpcnent-coraists^f^
t f e Federal
Beserre, aid the vaults of a l l commercial banks*