Full text of H.6 Money Stock Measures : February 1, 1968

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

FEDERAL
W

RESERVE-

*^

For immediate r e l e a s e
February 1, 1968
The s e a s o n a l l y a d j u s t e d money supply d e c l i n e d $ 1 . 2 b i l l i d n i n the l a t e s t

IVlfftTd^T^J^i 7he l e V e l ^
* " i n J a n u a r y h a s ^eraged $ 1 8 l 8 bilUon
*bm*E $ 1 . 3 h U l i o n h i g h e r than i n t h e month of December. T o t a l time and savings
d#pesifc* h a s d e c l i n e d s l i g h t l y i n t h e week ending January 24 and the average l e v e l
loir t b e •mcfa t h u s f a r remained s l i g h t l y below t h e December a v e r a g e .
MONEY SUPPLY AND TIME DEPOSITS
( A v e r a g e s o f 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 )
S e a s o n a l l y adjusted

Money Supply
Period
19€$ &&&®s&mr

!

196?~-J«iaary
February
March
April
May
June
Jtaly
Aiagust
September
October
November
December

To ta 1

,

|?0,4

'

Currency
component

Time d e p o s i t s

38.3

L70.3
L71.5
173.1
172.7
174.5
176.2
177.9
1/9.1
179.2
180. J
18L.2
181. 5

38.5
38.7
38.9
39.1
39.2
39.3
39.5
39.6
39.8
39.9
40.0
40.3

181.5
181.0
180.8
181.8

40. L
40. 3
40.3
40.5

adjusted
f A l l commercial
1
oanks )
158.6

[ D e m a n d deposit
1
component
132.1
11

,
!

131.8
132.8
134.2
133.6
135.3
136.8
138.4
139.6
139.5
140.3
141.2
141.1

160.8
I 163.5
:
166.1
168.1
170.0
172.4
174.6
177.2
178.9
180.8
182.5
183.8

141.4
140.8
140.5
141.3

183.8
184.1
184.0
183.6

' 142.7
[
183.1
i| 4 0 . 4
3
i
141.9
!
1
3
2
.
4
i
4
0
.
5
10 p
r
1
4
3
.1
183.6
; 40.5
17 p
|
182.4
141. 8
40.6
|
24 p
40.5
1
182/9
Average of l a s t 4 week; i
, WA
NOTE: Components may n o t add due t o rounding*
s e a s o n a l a d j u s t m e n t s atnd f o r d e s c r i p t i o n of s e r i e s ,
p - Pre linn nary.

183.3
183.4
183.6
183. 5
, 183.5

1967—Dec.

6
13
20^
27

'

1

1968—Jan.




_

DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages of dailyf f i g u r e s ,

—

in b i l l i o n s of d o l l a r s .

Not s e a s o n a l l y

, ,

|

Money Supply
Period
s

1966--December

'

1967--January
February
March
April
May
June
July
Augus t
September
October
November
December
Week ending-r
1967--Dec. 6
13
20
27
19j68--Jan.

3
10 p
17 p
24 p

|

1

Total
175.8
175.3
170.6
171.9
173.6
171*1
17*. 3
175.8
175.9
178.4
180.6
182.5
187.2

Currency 1 Demand d e p o s i t
component
componen t
i _ _
39/ L
38.5
38.3
38.5
38.7
38.5
39.3
39.^
39^6
39,8
40.0
40.4
41.2

!
j
!

1

1

136.8
132.3
133.4
I34;9132.2
135.1

|
|

!

136^2
138.6"
I4CM*
142.1
1-44. G

Related d e p o s i t s
<A11 cqweaercial. banks)
Time
j tf.S* Gov't
adjusted
[
demand
_

JL^'O-* *c

!

adjusted.)

160.7
164.0
166*7
168.8.
170.8
173* 0
r*75#^l

1

1

[

~ •& C sf #* w

\

X78.9
180.3
181-1

i1
ji
I

lftU'6
181.$
181.6
181.7

j1

l

1 -wus

4.1
5,0
4.9
4.8
6.5_
3.9

5.6

4V3
5.0
6.2
""5.2
5.0

!

185.0
185.5
187.9
187.8

40.9
41.2
41.2
41.6

191.8 !
189-7
190.1
185.9'

40.9
40.9
40. 6
40.3

j

144.1
144,4
146.?
146.2

i

150.9
148: 7
149.6
145.6

.182.4
182.7
183.4
183.7

4.8
3-2
4.7
7.1
5.5
4.7
3.2
5.9

i|

pt - P r e l i m i n a r y .
NpTE: Money supply c o n s i s t s of (1) demand d e p o s i t s at; a l l commercial b a n k s * o t h e r
t h a n t h o s e due t o d o m e s t i c commercial b a n k s and t h e U . S . Government, l e s s c a s h i t e m s
i n p r o c e s s of c o l lOection and F e d e r a l R e s e r v e f l o a t ; ( 2 ) f o r e i g n demand b a l a n c e s a t
Fjederal Reserve Banks; and (3) C u r r e n c y o u t s i d e t h e T r e a s u r y , t h e F e d e r a l R e s e r v e and
tjhe v a u l t s of a l l jcommerpial b a n k s . Time d e p o s i t s a d j u s t e d a r e t i m e d e p o s i t s a t a l l
commercial banks o t h e r t h a n t h o s e due t o d o m e s t i c c o m m e r c i a l banks and t h e B*S*
Government.




.