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February 1979

HISTORICAL MONEY STOCK DATA

The money stock measures and related data have been revised
to incorporate the latest benchmark adjustments for domestic nonmember
banks and revised seasonal factors.

Projected monthly and weekly sea­

sonal factors for_ 1979 are shown on the next page.

Historical monthly

and weekly M-l, M-1+, M-2, and M-4 data; monthly M-3 and M-5 data; and
their components, seasonally adjusted and not seasonally adjusted, from
1959 to 1978 are shown on the attached tables.

Definitions of money

stock measures M-l through M-5 are shown below:




M-l

=

(1) Demand deposits- at all commercial banks other than those
due to domestic commercial banks and the U.S. Government,
less cash items in the process of collection and F.R. float;
(2) Foreign demand balances at F.R. banks; and (3) Currency
outside the Treasury, F.R. banks and vaults of all commer­
cial banks.

M-1+ «

M-l plus savings deposits at commercial banks, NOW accounts
at banks and thrift institutions, credit union share draft
accounts, and demand deposits at mutual savings banks.

M-2

=

In addition to currency and demand deposits, savings depo­
sits, time deposits open account, and time certificates of
deposit other than negotiable time certificates of deposit
issued in denominations of $100,000 or more by large weekly
reporting commercial banks.

M-3

=

M-2 plus the average of the beginning and end of month depo­
sits of mutual savings banks, savings and loan shares, and
credit union shares.

M-4

=

M-2 plus negotiable time certificates of deposit issued in
denominations of $100,000 or more.

M-5

=

M-3 plus negotiable time certificates of deposit issued in
denominations of $100,000 or more.

MONEY STOCK SEASONAL FACTORS—1979
■——7—

*

Currency

Demand
Deposits

Time Deposits
Other Than CDs
Member
Nonmember
Banks
Banks

Certificates
of
Deposits

Demand
Deposits

Currency

Time Deposits
Other Than CDs
Member
Nonmember
Banks
Banks

Certificates
of
Deposits

V

MONTHLY

MONTHLY
July

1,0080

.9750

August

1.0030

.9850

September

.9970

October

.9980

,9920

1.0250

.9990

.9960

February

.9870

.9790

1.0020

1.0020

March

.9920

.9830

1.0070

1.0080

April

.9970

1.0130

1.0080

1.0060

.9750

January

May
June

1.0060

.9920

.9890

1.0010

1.0050

.9930

.9940

.9980

1.0200

1.0000

.9940

.9970

1.0250

,9800

1.0080

1.0050

.9820

November

1.0070

1.0050

.9900

.9930

1.0100

.9960

1.0050

1.0030

.9950

December

1.0170

1.0320

.9920

.9910

1.0300

1,0060

1.0760

.9959

.9917

1.0379

1.0060

1.0470

.9983

.9948

1.0214

.9960

1.0360

.9990

.9963

1.0042

WEEKLY

3
10
17

.9850

1,0070

1.0000

.9973

,9951

. T 9760

.9870

1.0000

.9974

.9895

February 7

f 9900

.9910

1.0005

.9994

.9839

April

1.0000

.9980

.9990

24
31

March

1.0030

1.0030

WEEKLY
January

1.0040

14

.9920

.9840

1.0016

1.0016

.9779

21
28

.9895

.9740

1.0025

1.0029

.9707

.9775

.9660

1.0029

1.0036

.9679

7

• 9940

.9850

1.0050

1.0063

.9741

14
21
28

.9960

.9880

1.0067

J.0081

.9801

.9920

.9820

1.0073

1.0086

.9856

.9840

.9690

1.0077

1.0084

.9957

4

.9930

1.0050

1.0104

1.0094

.9951

11
18

J. .0090

1.0180

1.0100

1.0093

.9833

1.0030

1.0290

1.0075

1.0059

.9720

.9900

1.0070

1.0064

1.0036

.9650

August

4
11
18
25
1
8

15
22
29
September 5
12
19
26
October

3
10
17

.9960

.9710

1.0083

1.0060

.9876

.9930

.9730

1.0088

1.0056

.9939

1.0050

.9950

1.0079

1,0055

.9953

1.0090

1.0000

1.0065

1.0049

.9951

1.0030

.9980

1.0036

1.0025

.9911

24
31
7
14
21
28
5
12
19

.9840

1.0029

1.0005

.9967

26

May

25
2

June

9
16
23
30
6
13
20
27

.9935




July

•9880

.9980

1.0060

1.0023

.9655

1,0075

.9810

1.0072

1.0040

.9713

1.0020

.9860

1.0083

1.0052

.9781

November

December

1.0090

1.0140

1.0042

1.0003

.9989

1.0190

1.0120

1.0040

1.0002

.9919

1.0110

1.0110

1,0028

.9997

.9892

1.0020

.9920

1.0026

.9999

.9903

.9960

,9930

1.0016

1.0002

.9935

1,0120

.9950

.9998

1.0015

.9996

1.0080

,9960

.9982

1.0012

1.0029

1.0020

.9880

.9971

1.0009

1.0061

.9910

.9740

,9969

1.0006

1.0108

1.0030

.9940

.9963

1.0001

1.0132

1.0050

1.0000

.9951

.9995

1.0158

.9970

1.0010

.9924

.9972

1,0189

.9880

.9750

.9926

.9964

1.0247

,9910

.9980

.9946

.9974

1.0314

1.0090

}.0050

.9958

.9989

1.0293

1.0020

1.0090

.9942

.9979

1.0250

.9960

.990Q

,9937

.9967

1,0216

.9870

.9950

,?919

.9944

1.0202

1.0050

1.0120

,9905

.9936

1.0077

1,0100

1.0130

.9894

.9932

1.0062

1.0080

1.0000

.9903

.9931

1.0105

1.0030

,9920

.9897

.9924

1.0140

5L.0120

1.0180

.9909

.9922

1.0176

1 ? 0190

1.0230

.9923

.9921

1.0249

1.0190

1.0300

.9915

.9905

1.0322

1.0260

1.0280

.9925

.9901

1.0366

TABLE 1
MONEY STOCK MEASURES
BILLIONS OF DOLLARS
_LS£A£QNALLY ADJUSI££LL
M5
1 1 _M1____J
M2
MJ
; Ml
JL
M£
J
1
MJL±I„.
M2 PLUS
M3 PLUS | I
M2 PLUS
DEMAND
Ml PLUS
Ml PLUS
DEMAND
LARGE
| I DEPOSITS
LARGE
DEPOSITS
TIME
DEPOSITS 1 SAVINGS
NEGOTI- J I
NEGOTINONBANK
EXCEPT
PLUS
PLUS
AT CBS £
THRIFT ! ABLE CDS ABLE CDS! I CURRENCY I
CURRENCY 1 CHK DEPS LARGE CDS
t

AT THRIFT

1 J1ISIS

J

307.3
304.0
303.7
306.1
304.8
306.7
309.3
311.1
313.7
316.1 1
318.1 I
322.3

213.4
209.6
208.6
210.3
208.5
209.3
211.1
212.5
214.4
215.9
217.1
220.0

307.3
304.0
303.7
306.1
304.8
306,7
309.3
311.1
313.7
316.1
318.1
322.3

f
|
1
|
|
|
|
|
|
|
I
I

147.8
144.9
144.0
145.7
144.1
144.7
145.0
144.9
146.6
148.0
149.8
152.9

220.8
219.2
219.1
221.6
221.0
222.2
223.3
223.6
225.6
227.4
228.9
231.9

324.4
323.6
324.3
327.5
327.6
330.2
332.2
332.9
335.7
338.5
340.9
345.4

220.9
219.5
219.5
222.2
221.8
223.2
224.6
225.1
227.4
229.5
231.4
234.7

324.5
323.9
324.8
328.2
328.5
331.2
333.5
334.4
337.5
340.6
343.3
348.2

I
|
I
|
|
|
|
f
I
1
|
1

143.3
142.9
142.8
143.0
142.6
142.7
143.5
144.0
144.3
144.3
144.2
144.2

210.7
209.9
209.7
210.3
210.1
210.6
212.1
213.5
214.7
21^.5
216.5
217.1

304.2
304.1
304.6
305.9
306.5
307.7
310.0
312.3
314.4
316.1
317.9
319.3

210.7
20^.9
209.7 I
210.3
210.1
210.6
212.1
213.5
214.7
215.5
216.5 1
217.1

304.2
304.1
304.6
305.9
306.5
307.7
310.0
312.3
314.4
316.1
317.9
319.3

|1
I I
|1
|1
|1
| I
11
!1
| 1
|I
|1
11

144.4
144.9
145.2
145.6
146.1
146.4
146.5
146.8
147.3
147.8
148.4
148.7

218.0
219.5
220.0
221.2
222.5
223.4
224.3
225.2
226.1
227.1
228.3
228.6

321.2
323.6
325.0
327.1
329.3 1
331.2
333.0 1
334.7
336.6
338.5
340.7
342.1 I

218.1
219.7
220.5
221.8
223.4
224.5
225.6
226.7
227.9
229.2
230.7
231.4

321.3
323.9
325.5
327.7
330.2
332.2
334.3
336.3
338.4
340.6
343.2
344.8

|I
|I
|f
|I
!I
|I
I1
| I
|I
11
I I
11

1961 J A N .
FEB.
MAP. 1
APR_
MAY.
JUN.
JUL.
AUG.
SEP. 1
OCT. 1
NOV.
DEC. [




I

1
1
1
i
1
I

i
i
1
1
1

1

213.4
209.6
208.6
210.3
208.5
209.3
211.1
212.5
214.4
215.9
217.1
220.0

142.6
141.9
143.0
142.0
142.7
143.5
143.1
143.6
143.9
145.0
147.1

1

1NSIS

i

146.6
142.9
141.6
142.9
140.7
141.1
142.0
142.5
143.7
144.5
145.6
148.0

1
1
1
1
I
I
!
1
I
1
1

1

1

M5

M3 PLUS |
LARGE
I
NEGOTI- |
ABLE CpSl

M2 PLUS
LARGE
NEGOTI­
ABLE CDS

294.6 I
295.0 I
297.2 1
297.1 |
299.3 |
301.0 \
300.8 |
301.9 [
302.6 I
303.6 |
306.7 |

|
|
|
|
|
|
I
|
|
|
|

1960 J A N .
FEB.
MAR.
APR_
MAY.
J UN.
JUL.
AUG.
SEP.
OCT.
NOV.
DEC.

1. _ _ M

208.4
208.1
209.7
209.0
210.1
211.0
210.5
211.1
211.3
211.8
213.7

294.6
296.0
297.4
298.9
300.1
301.7
302.0
302.5
302.7
303.4
303.8

I

M3.

M2 PLUS |
DEPOSITS
NONBANK !
THRIFT

208.4
208.1
209.7
209.0
210.1
211.0
210.5
211.1
211.3
211.8
213.7

208.6
209.2
209.9
210.6
211.1
212.0
211.5
211.4
211*0
211.2
210.9

|

1

_1
297.0 T

208.6
209.2
209.9 I
210.6
211.1
212.0
211.5
211.4 j
211.0
211.2
210.9

142.5
143.1
143.3
143.9
144.2
144.9
144.5
144.2
143.8
143.7
143.4

&2

2TI71T"

29471"| 1

20875"""

1L

297.0
294.6
295.0 |
297.2
297.1
299.3
301.0
300.8
301.9 i
302.6
303.6 !
306.7

2087?""

14277"

Ml±

Ml PLUS
Ml PLUS
TIME
SAVINGS
AT CBS £
EXCEPT
CHK DEPS LARGE CDS

.AI^IHRIEX
1457™

294.1
294.6
296.0
297.4
298.9
300.1
301.7
302.0
302.5
302.7
303.4
303.8

1959 J A N !
FEB..
MAR.
APR_ 1
MAY. 1
JUN.
JUL.
AUG.
SEP. 1
OCT.
NOV.
DEC.

(NOT SEASONALLY ADJUSTED)

2lI7I~~

!
1
!

I

!
1
1
I
1
I
1
1
1
1
I
1

1
I
1
I
1
1
I
!
I
1

L,

1
I
I
I
1
I
1
1
1

TABLE 1
MONEY STOCK MEASURES
BILLIONS OF DOLLARS
(SEASONALLY ADJUSTED)
!NflI-S£ASQNALlJt_AQ*LJSI£Dl_ _.
Ml
J1
Ml±
1
_M2
Mi
1
M5
LJ
Ml
M
1L
M3L J1
^
.35.
1
DEMAND
Ml PLUS
DEMAND
M2 PLUS
M3 PLUS 1 I
M2 PLUS
Ml PLUS
Ml PLUS I Ml PLUS
M3 PLUS |
M2 PLUS 1 M2 PLUS
LARGE
DEPOSITS I SAVINGS
TIME
LARGE
LARGE I | DEPOSITS SAVINGS
LARGE
|
DEPOSITS I
DEPOSITS
TIME
NEGOTINEGOTI- | I
AT CBS £
EXCEPT ! NONBANK
PLUS
AT CBS &1
EXCEPT
NONBANK
PLUS
NEQOTI- I
NEGOTI­
THRIFT
THRIFT I ABLE CDS ABLE CDSl | CURRENCY CHK DEPS LARGE CDS
1. CURRENCY
CHK 0E&S LARGE CDS
ABLE CDS
ABLE CDS!
J
JL
11
L N £ I S L _ JL
1.AL_IfcI&iEU
, INSIS
X
Ji
-AI-Ifci31EI. I
_i
152.5
347.6 | I
233.2
14879"""
230.2 1
344.6
348.1
23372~
1962 J A N .
351.0 |
236.1
149.1
234.9
350.3 I I
231.7 1
347.1
234.7
231.5
149,1
FEB.
347.1
350.3 I
352.7 I
232.6
148.2
236.9
353.3 | I
349.9
349.3
149.5
23 3*. 5
MAR.
236.0
239.4
235.9
150.3
238.7
356.1 | I
235.1
352.5
APR.
149.8
357.0 |
353.4
233.9
147.7
356.0 |
239.4
357.8 | I
149.8
MAY.
237.7
235.6 1
354.0
352.1
358.8 I
235.1
148.0
240.6
360.0 | 1
149.9
236.6
356.0
239.2
JUN.
354.8
361.1 I
236.1
148.2
241.5
149.7
240.4
356.8
362.0 | I
237.2 1
357.7
JUL.
147.4
242.1
363.6 | I
359.1
235.7 \
149.5
AUG.
356.9
237.5
240.3
361.6 1
365.9 | 1
237.5
148.5
243.1
149.4
364.6 |
242.3
361.0
238.3
359.8
SEP.
363.7
240.1
150.1
245.0
369.0 | I
149.9
239.9
OCT.
245,1
368.6 |
363.8
151.9
246.9
366.7
150.5
241.5 !
247.4
366.7
372.1 I I
372.1 |
NOV.
242.0
155.1
248.5
374.9 1 I
150.9
242.9
251.8
246.1
369.2
372.6
378.3 I
DEC.

m

i

Ml±_

L—^-MZ

1963 J A N .
FEB.
MAR.
APR.
MAY.
JUN.
JUL
AUG.
SEP
OCT.
NOV.
DEC.

151.5
151.8
152.2
152.7
153.3
154.0
154.6
154.7
155.1
155.8
156.9
156.5

244.7
245.8
247.1
248.6
250.0
251.4
252.7
253.8
255.0
256.7
259.0
258.9

1964 J A N .
FEB.I
MAR.
APR.
MAY.
JUN.i
JUL 1
AUG.
SEP.
OCT.I
NOV.
DEC.!

156.9
157.3 1
157.8
158.0
159.0
159.5
160.6 |
HI.4
162.3
162.9
163.6
163.7

259.9
261.1
262.1
263.0
264.8
266.4
268.2
270.0
272.1
273.6
275.5
277.1




1
1

I

1

372.5
375.0
377.6
380.4
383.1
385.7
388.2 1
390.5
392.8
395.8
399.3
400.3

250.7
252.0
253.6
255.4
257.1
258.8
360.4
261.8
263.4
265.5
268.2
268.5

378.4 | I
381.2 I 1
384.1 | I
387.2 | 1
390.2 | 1
393.1 I I
395.9 | I
398.5 | I
401.2 1 1
404.6 I 1
408.5 I 1
410.0 | |

155.4
151.8
151.0
153.2
151.0
151.8
153.1
152.6
154.1
156.0
158.4
160.9

248.2
245.7
246.4
249.5
248.1
249.6
251.4
251.8
254.1
256.9
259.6
262.3

376.5
375.1
377.2
381.5
381.0
384.2
387.2
388.0
391.5
395.5
399.3
403.8

402.6
405.0
407.2
409.4
412.6
415.5 I
418.8
422.0
425.5
428.3
431.6
434.4

270.3
271.9
273.1
274.3
276.5 |
2J78.4
280.3
282.1
284.5
286.4
288.7
289.9

413.0 I I
415.8 I 1
418.2 | I
420.7 | 1
424.3 I I
427.5 | 1
430.8 I 1
434.1 I 1
437.9 I 1
441.2 1 1
444.7 | 1
447.2 1 1

161.3
157.2
156.4
158.6
156.0
157.2
159.0
158.9
161.3
163.3
165.2
168.6

264.2
261.0
261.2
264.0 |
262.1
264.3
266.8
267.5
271.0
274.1
276.3
280.9

407.4
405.2 I
406.8
410.7 I
409.7
413.7
417.5
419.1
423.9
428.5
431.9
438.3

1

254.0
251.9 1
252.9
256.3 |
255.3
257.1
259.3
260.1
262.4
265.5
268.7 I
271.9

382.3
381.3
383.7
388.3
388.2
391.7
395.0
396.3
399.8
404.2
408.4
413.5

|
|
I
I
|
|
1
I
|
1
|
I

274.4
271.7
272.1
275.3
274.0
276.3
279.0
280.0
283.3
286.7
289.3
293.8

417,6
415.9
417.7
421.9
421.6
425.7
429.8
431.6
436.2
441.0
444.8
451.2

1
|
|
|
1
|
I
I
|
I
j
1

!
1

1

TABLE 1
MONEY STOCK MEASURES
BILLIONS OF DOLLARS
JL

T965~ANr
FEB.
MAR.
APR.
MAY.
J UN.
JUL.
AUG.
SEP.
OCT.
NOV.
DEC.
1966

1967

(NQT SEASONALLY ADJUSTED)
I S E A S O N A L l j r ADJUSTED)
M5
Hit
^1 + "
1
M2
J
M l „ _
BZ
r
^M
J
JH
Ml
JM4
J
ei5
Lj
M l PLUS
M l PLUS
M3 PLUS I I
M3 PLUS
DEMAND
M2 PLUS
M2 PLUS
M l PLUS
M2 PLUS
DEMAND
M l PLUS
M2 PLUS
LARGE
| I D E P O S I T S 1 SAVINGS
LARGE
LARGE
LARGE
DEPOSITS
TIME
TIME
DEPOSITS I
DEPOSITS 1 SAVINGS
EXCEPT
AT CBS a
NONBANK
NEGOTI- I 1
NEGOTIEXCEPT I NONBANK
NEGOTI- I NEGOTI­
PLUS
PLUS
AT CBS £
THRIFT
ABLE CDS
CHK DEPS LARGE CDS
T H R I F T I ABLE CDS
CHK DEPS LARGE CDS
ABLE CDSI I CURRENCY
CURRENCY
ABLE CDS
AT T H R I F T
IN$TS
LASTS
Ji
AT T H R I F T 1
JL
L
169.0
2837™
4~5673~
2 9 7 7 "
442.8
451.3 | f
292.9
437.5
27977~
16472"**
454.5
163.9
280.7
440.6
281.1
295.2
454.7 | 1
440.4
164.4
294.8
457.1
i
442.7
281.8
296.1
163.4
282.7
297.0
457.5 1 1
443.2 I
164.9
461.9
298.7
285.4
284.1
166.1
460.2 I 1
445.6
300.1
447.2
165.3
282.3
297.6
444.6
459.9
285.1
162.2
447.6
300.2
462.7 I I
165.4
464.7
300.8
!
449.1
285.2
302.9
466.5 I 1
287.4 |
164.2
451.0
166.5
452.7
468.6
303.7
287.8 I
304.9
289.3
166.9
454.0
165.4
469.6 1 1
288.5
453.8 1
307.1 I
164.7
472.9 | I
305.0
470.2
167.4
457.0 I
291.2
309.1
I
292.8 !
475.5
167.6
459.2
310.1
460.7 1
168.6
477.0 1 I
293.8
I
464.9
297.3
313.4
313.7 1
170.2
481.5 | I
296.7
481.4
464.8
169.8
!
468.5
485.1
315.7
316.3 I
299*0
170.4
172.0
468.3
299.8
485.0 I 1
321.7
176.5
305.4 \
488.2 f I
301.4
171.4
492.2
471.8
476.0
317.8
Ml

J

JAN.
FEB. 1
MAR. I
APR. 1
MAY I
J UN.1
JUL. I
AUG_ i
SEP. 1
OCT. I
NOV. 1
DEC.

172.6
173.3
174.1
175.4
175,3
175.6
174.9
174.9
175.9
175.3
175.4
175.8

JAN.
FEB.
MAR
APR.
MAY.
JUN.
JUL.
AUG.
SEP. I
OCT.
NOV.
DEC.I

175.6
177.3
178.6
177.9
179.8
181.2
182.8
183.8
185.0
186.1 |
|86. 6
187.4 I




i
1
!

2 6 4 ., 7
266. 4
2 6 7 ,,5
267, 4
269, 3
271, 9
274. 2
276. 0
277, 5
279. 2
279. 9
280. 7

1

303.9
305.4
307.0
309.8
311.1
312.1
312.7
313.9
315.7
316.0
316.8
318.2
319.7
323.0
325.9
327.3
331.4
335.0
338.4
341.3
343.8
346.5
348.3
350.0

1

1
!

475.1 1
477.5
479.8 1
482.9
!
484.5
486.0 |
486.8 1
488.3
490.7
491.6
493.1 f
495.5

320.5
322.0
323.9
327.3
328.9
330.0
330.9
331.8
333.3
332.5
332.4
333.7

498.3
502.8
507.1 1
510.2
516.0
521.2
1
526.2
530.6
534.5 1
538.4 !
541.4 1
544.0

336.8
341.4
344.9
346.4
350.3
354.5
358.0
361.2
364.1
366.6
368.6
370.7

1
1

491.7
494.1
496.7
500.5
502.3
503.9
505.0
506.2
508.3
508.1
508.7
511.0

t 1
I 1
| 1
| I
1I
| 1
11
\ I
f 1
| I
| I
I |

177.7
172.4
172.5
176.4
171.8
173.9
173.3
172.1
174.9
175.7
176.9
181.0

515.4
521.2
526.0
529.2
534.9
540.7
545.8
550.5
554.7
558.6
561.7
564.7

I
1
|
I
|
|
|
I
|
|
|
|

180.7
175.7
176.8
178.9
176.4
179.7
181.4
181.2
183.o
186.2
188.1
192.9

I
1
1
I
1
1
1
I
1
I
I
1

I

I
1

1

f

1
1
!
1
1
I

269.9
264.5
266.2
268.6
?66.5
270.6
272.8
272.9
275.9
279.1
281.7
286.7

I

308.8 1
304.5
!
306.0 1
I
311.2
308.1 1
310.5 I
311.2 I
311.2 !
314.7 I
316.5 1
317.4 1
322.3 1
324.6
321.3
324.7
328.9
328.5
333.7
337.2
338.7
342.8
346.7
348.9
354.3

[
1
i
1
I
I
1
1
I
1
1

480.6 f
476.8 1
479.3
484.7
431.3 I
484.7 !
485.5 !
485.0 1
489.3
491.6 1
493.1 I
499.8 !
503.6
501.3
506.4 1
512.0 1
512.9 1
520.2
525.3 1
527.5 1
533.0 I
538.3 1
541.4 I
548.5 1

325.1
321.1
322.9
328.8
326.0
328.3
329.5
329.5
332.3
332.8
333.0
337.8

1
1
1

341.5
339.8
343.7 1
347.8
347.3
352.8
356.7 1
359.1
363.1
366.8 I
369.5 [
375.1

497.0
493.4
496.2
502.2
499.2
502.6
503.8
503.4
506.8
503.0
508.7
515.3
520.5
519.7
525.4
S30.9
531.7
539.4
544.8
547.9
553.3
558.4
562.0
569.2

TABLE 1
MONEY STOCK MEASURES
BILLIONS OF DOLLARS
J

T968~~JAN.
FEB.
MAR.
APR.
MAY.
J UN.
JUL.
AUG.
SEP.
OCT.
NOV.
DEC.

(N0T3FAS3NALLY ADJUSTED)
LSFASQNALLY ApJU$TEP>
M1 +
B2
J
M2
J1
M
1
M5
LJ
Ml
Ml
J
M2
I
M4
J
C15.
Ml±
J
az
DEMAND | Ml PLUS
M3 PLUS
Ml *LUS
M2 PLUS 1 M3 PLUS 1 I
M2 PLUS
Ml PLUS
M2 PLUS
Ml PLUS
DEMAND
M2 PLUS
LARGE
LARGE
LARGE
LARGE
| I DEPOSITS 1 SAVINGS
DEPOSITS
TIME
DEPOSITS
SAVINGS |
TIME
DEPOSITS
EXCEPT
EXCEPT
NEGOTINEGOTI- I 1
PLUS
N0N8ANK
NONBANK
AT CBS €
NEGOTI- ! NEGOTI­
AT CBS &!
PLUS
THRIFT
THRIFT I ABLE CDS
ABLE CDS
ABLE CD
ABLE CDSl I CURRENCY CHK DEPS LARGE CDS
CURRENCY pHK DEPS LARGE CDS
JJti&LS. 1L
J
1
.
11
1AI_IHRI£U
I N SIS—J1
. A I - I M i l E l JI
J
567.2 | 1
287.3
193.6
351.7 I
377.4 |
35678~
281.9
552.2
57278*
546.6
372.3
543.4
373.3
569.2
352.5
281.0
570.9 | 1
187.4
375.0
354.3
550.1
2 83.1 |
189.2
552.6
376.0
573.4
355.2
282.5
188.1
356;4
553.4
283.9
574.1 1 1
377.2
190.0
578.4
360.1
286.1
576.4 | 1
191.9
378.5
558.4
358.3
556.2
190.9
380.0
284.9
557.3
576.9
358.4
283.4
189.3
378.0 I
5 80.1 1 1
361.2
286.9
192.9
381.2
560.1
563.1
362.6
583.5 | 1
192.9
582.4
287.2
383.6
563.6
381.9
363.7
194,2
288.2
566.6
365.2
288.6
587.8 | 1
587.0
366.0
567.0
385.7
194.5
386.8
289.7 |
195.5
366.7
288.0
593.0 | 1
194.0
390.9
571.5
568.2
338.8
291.1 |
196.6
590.3
369.3
573.9
371.3
597.8 I 1
196.7
393.4
596.1
394.5
575.7
290.8
372.5
292.4
197.8
602.7
375.8
293.6
603.0 | I
199.0
398.5
375.8
294.0 |
579.8
398.8
199.1
580.3
403.9
608.9
608.5 | 1
202.5
380.3 I
379.7
585.4
585.3
402.8
296.0
297.8
200.8
303.8
613.4 | I
208.1
589.9
297.7
387.5
383.3
594.3
618.1
411.3
202.5
406.7

TiiTF"

1969 J A N .
FEB.
MAR.
APR.
MAY.
J UN.
JUL.
AUG_
SEP. |
OCT.
NOV.
DEC_

203.4
204.4
205.0
205.5
206.0
206.5
207.0
207.1
207.5
208.3
208.9
209.0

298.8
299.6
300.0
300.2
300.4 1
300.5 l
300.6
300.5
300.9
301.5
302. Q
301.8

384.8
386.6
388.0 |
389.3 !
390.1
391.6 1
390.7
390.0
390.6
391.2
392.2
392.4

592.5
595.5
598.0
600.0
601.5
603.6
603.3
603.2
604.4
605.4
606.8
607.4

406.5
407.0
407.2
407.8
407.9
407.9
405.1
402.8
402.4
402.6
403.4
403.4

1970 JAN_
FEB.
MAR.
APR.
MAY.
J UN.
JUL.
AUG.
SEP. I
OCT.
NOV.
DEC.!

210.8
209.8
211.2
212.5
213.2
213.3 I
213.9
215.9
217.4
218.0
218.6
219.7

303.4
302.1
303.2
304.6 '
305.7
306.1
307.5
310.1
312.2
313.8
315.0
317.2

393.4
392.2
394.7
398.0
400.0
402.1
405.7
410.5
414.4
417.4
419.9
423.6

608.3
607.1
610.2
614.6
617.8
621.2
626.4
633.3
639.5
644.9
649.9
656.3

403.9
402.9
406.1
411.0
413.4
415.5
422.2
429.4
435.3
439.7
443.7
448.9




!
1

1

f
1

614.3
615.9
617.1
618.6
619.3
619.9
617.7
615.9
616.2
616.7
617.9
618.3

|
|
|
|
I
|
|
|
I
|
|
|

618.8
617.8
621.6
627.6
631.2
634.6
642.9
652.2
660.4
667.3
673.7
681.5

1|
|I
II
| I
11
|I
|I
|I
| I
|I
|1
|I

I
1
I
I
1
1
1
1
I
|
1
|

209.0
202.2
202.8
206.6
202.4
205.3
206.3
204.4
206.3
208.2
210.3
214.8

!

216.3
207.4
209.0
213.6
209.6
212.2
213.4
213.2
216.1 1
217.6
220.1
225.8

304.5
297.2
298.3
301.6
296.8
299.^
299.9
297.3
299.0
300.9
303.4
308.0

390.1
384.5
386.8
391.4
387.5
390.7
390.3
387.4
389.3
391.0
392.3
396.9

598.3
593.3
597.2
602.5
598.9
603.5
603.3
599.9
602.5
604.6
606.1
611.9

309.0
299.3 |
301.4
306.4
302.5
305.5
307.3
307.2
310.3
312.8
316.2
323.0

398.4
389.8
393.5
400.3
397.7
401.5
405.4
407.7
412.8
416.6
419.7
428.1

613.6
604.5
609.7
617.8
616.0
621.7
627.2
630.4 1
637.1
643.0
647.7 1
659.1 1

1

1
!

411.9
404.9
405.9
409.5
404.8
406.6
404.3 i
400.4
401.2 !
402.5 1
403.7
408.0

620.1
613.7
616.3
620,7
616.2
619.4
617.4
612.8
614.4
616.2
617.5
623.0

409.0
400.4
404.9
413.0
410.7
414.5
421.4
427.0 I
434.1
439.7
444.1
453.8 1

624.2
615.1
621.1
630.5
629.0
634.7
643.3
649.6
$58.4
666.0
672.1
684.7

TABLE 1
MONEY STOCK MEASURES
BILLIONS OF DOLLARS
(NOT SEASONALLY ADJUSTED)
(.SEASONALLY ADJUSTED)
Ml
J*2
1U
as.
l
M
&5
IJ
L
M
J
Ml
1
&1±
11
M2
J93
M3.
J
NLL±
DEMAND
Ml PLUS I M2 PLUS 1 M2 PLUS I M3 PLUS 1
Ml PLUS
M2 PLUS
M3 PLUS I I
M2 PLUS
Ml PLUS
Ml PLUS
DEMAND
LARGE
TIME
DEPOSITS
LARGE
I
LARGE
LARGE
| I DEPOSITS SAVINGS
TIME
DEPOSITS
SAVINGS
DEPOSITS
NEGOTI- ! NEGOTI- |
EXCEPT ! NONBANK
AT CBS C
NEGOTINEGOTI- I I
PLUS
EXCEPT
NONBANK
PLUS
AT CBS S
THRIFT
THRIFT | ABLE CDS ABLE CDS! I CURRENCY CHK DEPS LARGE CDS
ABLE CDS ABLE CDS!
CURRENCY CHK DEPS LARGE CDS
I
JL
J.AI_IHRI£3J
!I
J AT THRIFT
L
J
1J
1
IN$T£
i
a
m
_
j
668.0
460.0
694.8 |
324.8
226.2
43i72~ J
664.1
455.3
319.8
690.8 1 I
221.0
1971 JAN.!
42
670.7
320.4
462.8
432.3
459.6
673.6
701.3 I 1
220.0
38
5 . 61
698.0 1
323.6
FEB.
222.8
683.3
468.1
711.3 !
325.5
469.3
441.1
440.1
711.4 | 1
683.2
221.9
327.2
224.3
MAR !
448.5
696.3
475.6
723.4 !
332.9
473.5
719.5 I 1
227.1
691.7
445.7
330.5
APR.!
225.8
448.4
699.4
475.8
726.8 I
478.9
728.6 | 1
450.6
700.3
224.4
334.1
MAY.
228.1
331.0
737.2 |
454.1
709.0
482.4
228.4
335.8
483.2
736.3 | 1
707.2
335.9
229.4
454.1
JUN.
456.9
715.0
486.2
744.3 |
713.5
486.9
743.5 | 1
230.6
337.9
338.1
457.0
JUL.
230.8
456.5
716.3
487.5
747.3 |
336.7
489.6
749.6 | I
229.2
339.6
719.1
231.8
459.2
AUG.
459.7
722.1
491.6
754.0 !
492.6
756.0 | I
231.0
338.8
725.0
461.6
341.0
SEP.
232.3
463.5
728.9
497.0
762.4 !
341.3
497.1
763.8 I |
232.4
464.5
342.5
232.8
OCT.
731.3
467.1
734.8
500.7
768.4 !
344.6
737.9
500.6
770.6 I I
234.6
467.8
343.6
NOV.
233.0
476.4
747.7
781.5 !
351.6
778.4 | |
240.4
510.2
745.1
471.8
505.1
345.7
233.9
DEC.
1972 J A N .
FEB.!
MA&_
APR.!
MAY.
J UN.
JUL.
AUG.I
SEP.
OCT.
NOV.
DEC.

235.9
237.8 |
239.9
241.4
242.0
242.9
245.3
247.2
249.2
251.0
252.2
255.3

349.1
352.5
355.8
357.8
359.1
360.8
364.1
367.1
370.5
373.2
3 75.4
378.9

477.3
482.3
486.9
490.5
493.8
497.5
502.4
507.3
511.9
516.2
519.5
525.3

753.9
7S2.5
770.8
777.8
784.5
791.9
801.0
810.3
819.5
828.0
835.1
844.5

510.8
516.6
520.7
525.0
529.6
534.1
539.8
546.0
551.7
556.8
561.8
568.8

1973 J A N .
FEB.
MAR.
APR.
^*Y.
J UN.
JUL.
AUG.
SEP. I
OCT.
NOV.
DEC.

2^7.9
258.4
258.2
259.0
261.6
263.9
264.6
265.1
265.1
266.2
268.7
270.5

381.9
38 2 . 4
382.2 I
383.0
386.5
389.5
390.1
390.4
390.5
392.2
395.5
397.9

530.5
533.2
535.4
538.4
543.7
547.9
550.5
554.2
556.6
561.1
566.2
571.3

853.3
859.1
863.5
868.7
876.7
884.0
888.5
893.0
897.0
903.5
911.2
919.0

575.2
582.4
589.7
595.8
603.2
608.5
612.9
620.7
623.6
625.7
629.9
634.2




!

1

I
1
1
I
1
I
I
I
I
|
I
|

787.4
796.8
804.5
812.3
820.3
828.5
838.4
849.1
859.3
868.5
877.4
888.0

|
I
|
|
I
I
|
|
|
|
I
|

898.0
908.3
917.8
926.2
936.2
944.5
950.9
959.5
964.0
968.2
974.8
982.0

| |
|1
I I
I I
I 1
! 1
| !
I I
I 1
| |
| I
| |

240.9
234.6
237.4
242.8
238.1
241.9
245.3
244.5
247.8
250.5
253.9
262.7

353.8
349.0
354.0
360.5
356.0
360.9
364.8
364.4
367.9
371.7
375.8
385.5

263.2
254.8
255.2
260.5
257.5
263.1
265.2
262.6
263.5
265.6 !
270.4
278.3

386.7
378.5
379.9
385.9
383.4
389.9
391.8
387.6
387.8
3^0.5
396.0
404.6

1
I
1
1

1
1
1

481.8
479.4
486.1
493.6
491.8
497.7
502.6
504.5
509.5
514.7
513.6
530.3

(51.6
759.4
771.2
783.0
784.0
794.1
803.1
807.5
816.1
825.0
831.7
847.4

535.2
530.0
534.3 1
542.2
541.7
548.5 \
551.2
551.5
553.8 1
559.4
565.0
576.5

856.9
855.3
863.6
874.7
876.2
886.7
891.3
890.3
893.0
900.1
907.2
921.8

515.5
513.1
519.4
527.3
526.7
533.5
539.4
544.0
550.5
556.5
561.7
574.5
!
1
1

1

I

580.1
578.1
587.8
598.2
600.1
607.8
612.9
619.3
622.8
626.0
629.3
640.5

!

1
1

i

1

791.3
793.0
804.5
816.7
818.9
829.8
839.8
847.1
857.0
866.8
874.7
891.6

!
I
!
|
f
|
|
!
|
|
|
|

901.8 1
903.3
917.0
930.7
934.6
946.0
953.1
958.2
962.0
<>66.8
971.*
985.8

|
I
!
!
I
|
I
|
I
!
I

TABLE 1
MONEY STOCK MEASURES
BILLIONS OF DOLLARS
J

~T974"J7NI
FEB.
MAR.
APR.
MAY_
J UN.
JUL.
AUG.
SEP.
OCT.
NOV.
DEC.
1975

1976

Ml
1
DEMAND
DEPOSITS
PLUS
CURRENCY

2727oT
273.4
274.8
275.1
275.9
277.7
278.2
279.0
279.7
280.8
232.5
283.2

1 N D I S£ASQMALLY_ADJUSTED)
_
(.SEASONALLY A D J U S T E D !
1
M3
ULZ I
M3
1
M
J
M£
1
M1+
J
Mi
1
Ml±
J1
1
M£
L
M5
1J
VL2
M3 PLUS I I
DEMAND 1 Ml PLUS 1 M l PLUS | M2 PLUS I M2 PLUS I M3 PLUS |
M2 PLUS
M l PLUS
M l PLUS I M2 PLUS
LARGE
DEPOSITS
TIME
LARGE
1 I DEPOSITS
LARGE
DEPOSITS
SAVINGS
LARGE
!
SAVINGS
TIME
NONBANK | N E G O T I - ! N E G O T I - |
PLUS
EXCEPT
NEGOTI- I NEGOTI- ! 1
AT CBS £
EXCEPT 1 NONBANK
AT CBS G
THRIFT
ABLE C D S !
ABLE CDS
ABLE CDS! ABLE C D S | I CURRENCY
THRIFT
CHK DEPS! LARGE CDSI
CHK DEPS LARGE CDS
AT T H R I F T I
JI
J
1
1NSIS 1
J
1
1AI_IHR1£U
1 N ^ I S „ JL
276.9 |
995.1 j
646.3
929.3
99l76~| I
404.3
641.6
926.2
576.2
399.8
~"iio75~
269.3
643.6
995.1 I
929.0
1001.1 I 1
649.0
577.6
397.2
933.3
401.6
581*. 3
1006.4 |
939.7
1007.1 | 1
652.7 !
650.6
271.5
939.4
583.9
403.7
585.0
401.2
1022.6 j
1017.7 | I
277.0
661.6
664.1
950.8
592.3
408.1
944.1
404.8
588.0
1023.8 |
271.6
1025.6 I 1
668.8
946.6
665.5
588.3 i
402.8
947.0
590.2
405.9
674.9
675.4 |
1033.6 | I
1035.4 |
277.0
955.8
595.3
409.3
952.8
408.7
594.6
1042.9 |
1040.0 | 1
279.0
680.5
681.0
960.1
412.2
956.6
598.2 !
597.0
410.1
276.4
1044.9 j
403.7
957.8
1046.3 | I
684.6
597.5
6 86.0
960.4
411.4
600.2
409.7
1050.3 ! 1
688.8
959.7
1048.5 |
278.0
599.3
964.1
412.5
688.1
602.6
414.7
1055.1 |
966.4
693.5
604.7
412.8
1056.5 1 1
970.3
693.2
280.1
607.0
1058.8 |
695.9
696.4
971.8
234.2
1062.2 1 1
608.8
976.0
418.0
610.2
417.4
983.8
708.0
1074.3 |
291.3
1070.0 | 1
701.3
617.5
426.2
981.0
419.5
612.2

JAN
FFB.I
MAR.I
APR.!
MAY.!
J UN.
JUL.
AUG.!
SEP.
OCT.I
NOV.
DEC.

282.8
283.1 1
284.9
284.5
287.3
291.3
291.6
293.0
294.2
293.7
296.2
295.4

419.9
421.6
425.9
428.2
433.2
441.0
443.4
446.3
449.2
450.1
454.8
456.8

615.5
619.3
624.0
626.4
633.7
642.9
646.5
650.4
653.7
656.4
662.5
664.8

987.4
995.3
1004.9
1012.8
1025.9
1041.5
1051.0
1059.9
1067.9
1075.0
1085.7
1092.4

706.8
710.8 1
713.4
714.4
719.4
726.5
728.5
731.0
734.4
737.6
744.6
745.8

1078.8
1086.8
1094.3
1100.9
1111.6
1125.0
1133.0
1140.5
1148.6
1156.3
1167.8
1173.5

|
|
I
|
|
|
|
|
|
1
|
|

JAN.
FEB.
MAR.
APR.
MAY.
J UN.
JUL.
AUG.
SEP. 1
OCT„ !
NOV.
DEC. 1

296.6
298.9 1
300.0
301.7
304.0
304.1
304.9
306.6
307.8
310.7 1
311.9 1
313.8 I

461.4
470.1
475.1
480.3
485.5
486.3
488.6
493.4
498.2
505.3
510.7
517.2

671.6
680.0
684.3
690.7
696.5
699.4
704.3
710.8
717.5
726.3
732.9
740.6

1104.2
1118.3
1128.1 I
1140.2
1151.3 1
1159.1 1
1169.2
1181.4
1194.4 1
1209.7
1222.1 1
1235.6 !

749.6
754.9
757.1
761.9
765.1
768.9
773.8
776.7
781.5
789.0 I
795.2 I
803.0 I

1182.2
1193.2
1201.0
1211.4
1219.9
1228.6
1238.6
1247.3
1258.4
1272.3
1284.4
1298.0

I 1
| 1
| 1
| I
| 1
| I
| 1
| I
I 1
| I
I I
1|




I
I
1
!
!
!

1
1

!

1
1
I
I
!
I
1
I
I
1
1
1

287.7
278.5
281.4
286.5
282.9
290.6
292.6
290.6
292.4
293.0
298.1
303.9

I
1
I
!

301.6 1
293.7
296.0 1
304.2 1
299.4
303.4 1
306.2 1
304.4 I
306.0 1
310.6 1
313.6 1
322.6 1

424.2
416.6
423.1
431.7
430.1
441.7
445.8
443.8
446.1
448.1
455.2
463.6

I

465.8
464.4 1
472.2 1
484.8 1
482.4 1
487.0 I
491.5 1
491.2 I
494.8 1
503.7 I
510.8 I
524.2 I

619.5
615.2 I
622.7
631.1
631.9
643.8
648.3
647.8
650.2
653.8
660.9
670.0

990.3
990.3
1004.9
1019.9
1025.6
1044.7
1055.3
1057.5
1063.2
1070.8
1081.0
1095.0

711.4
704.4
710.8
716.9
716.0
726.1
729.6
729.0
732.9
737.5
743.7
753.5

1082.2
1079.5
1093.0
1105.7
1109.7
1127.0
1136.6
1138.6
J145.9
1154.5
1163.8
1178.4

f
|
|
j
J
I
|
|
|
|
|
|

675.6
675.5
683.2
696.2
694.8
700.5
706.5 I
708.1
713.7
724.1 1
730.8
745.8 I

1107.0
1113.0 1
1128.5
I
!
1148.5
1151,1 I
1162.5 1
1174.0 1
1178.9 1
1189.6 1
1306.1 1
1217.1 1
1238.3 1

754.1
748.6
754.9 1
765.6 1
762.2 1
769.7
77?.3
774.4 I
779.0 1
788.2 1
793.7 1
810.0 1

1185.5
1186.1
1200.2
1217.8
1218.5
1231.7
1242.9

1
1
1
I
I
I
|

1245.2 I
1254.9 I
1270.3
1279.9
1302.6

I
|
I

TABLE 1
MONEY STOCK MEASURES
BILLIONS OF DOLLARS
(SEASONALLY ADJUSTED)
1U0I_.S£AS.QNALLY- ADJU5IEILL
M5
11
M£
%1
1
BI± J
B2
U5
1
&L
M£
1
M2
J1
M1+
M2
M3 PLUS I 1 DEMAND
M2 PLUS
Ml PLUS
M3 PLUS |
M2 PLUS
Ml PLUS
Ml PLUS
DEMAND
M2 PLUS
M2 PLUS
Ml PLUS
DEPOSITS
LARGE
I I DEPOSITS SAVINGS
LARGE
LARGE 1
LARGE
DEPOSITS
TIME
TIME
DEPOSITS 1 SAVINGS
AT CBS £
PLUS
NONBANK | NEGOTI- 1 NEGOTI- | 1
EXCEPT
NEGOTI- I NEGOTI- |
AT CBS a
PLUS
EXCEPT 1 NONBANK
THRIFT I ABLE CDS ABLE CDS| 1 CURRENCY CHK DEPS LARGE CDS|
CURRENCY CHK DEPS ILARGE CDS
ABLE CDS ABLE CDSl
THRIFT
AT THRIFT!1
J
1LAI-IHRIFT1
J1 INSTS 1
I
INSTS 1
527.6
1248.9
1311.7 | 1
747.5
523.1
1977 JAN
321.3
1315.l"l
BlsTo"
1252.0 i
75178^
3T67T~
8lo7~
520.8
311.9
1323.5 | I
816.2
527.4
317.9
1315.4 I
753.3
FEB.
748.2
1260.7 I
1254.1
809.5
1333.5 | 1
820.9
1271.7
319.7
315.0 |
759.2
531.3
1332.3 1
527.8
MAR.
818.6
757.8
1271.5
541.1
325.3
1344.9 | I
827.2
765.6
535.9
322.5
1352.1 I
771.8
APR.
1283.3
831.9
1292.1
1353.5 |
768.2
535.1
318.7
1355.1 | 1
832.2
1292.9
769.9
538.2
323.6
MAY.
829.3
1292.3
541.3
324.6
1367.8 | I
838.8
540.4 1
1371,0 t
1304.4
775.5
776.7
325.3
JUN.
1308.0
839.8
1387.3 |
548,4
330.4
1382.5 | 1
847.1
1319.2
783.9
786.5
545.0
JUL.
328.7
849.2
1324.6
786.7
546.8
328.1
1331.6 1
1395.8 | I
853.7
789.6
330.6 1
1329.0
851.1
549.2 1
1393.5 1
AUG. 1
1404.9 |
549.8
331.1
1408.7 | 1
859.6
1344.5
795.5
553.6
SEP. 1
1339.5
791.3
333.1
856.7 i
798.7 1 1352.7
554.9
335.2
1423.0 | I
867.9
1356.4
556.7
335.4
OCT. 1
801.2
1421.0 1
867.0
1431.5 |
802.8
558.0
338.4
1436.1 | 1
876.1
1359.9
805.2
558.0
336.5
1365.2
NOV.
874.4
814.9
348.2
1448.0 | 1
883.1
1374.3
809.4
560.6
338.7
DEC.
1453.2 I
568.0
890.8
1377.2

m

1978 J A N .
FEB.
MAR.
APR.
MAY.
JUN.
JUL.
AUG.
SEP I
OCT.
NOV. I
DEC.

341.9
342.4
343.2
347,9
350.7
352.5
354.5
357.0
361.1
361.6
361.0
361.5




564.6
565.3
566.4
572.1
576.1
578.6
580.0
583.5
589.4
5.89.8
5 87.4
586.7

i

!

816.0
819.4
822.6
830.3
836.7
842.6
848.7
856.9
866.2
870.9
874.3
876.3

I
I
I
1
1

1385.5
1392.9
1400.3
1411.9
1422.0
1433.1
1444.6 1
1458.4
1474.7
1485.6
1493.9
1500.9

891.9
898.3
904.0
913.8
922.9
929.3
936.7
944.5
954.8
959.6
969.7
973.0

!
1
1
1
I

1461.4
1471.8
1481.7
1495.3
1508.2
1519.8
1532.6
1546.0
1563.2
1574.2
1589.3
1597.5

|I
| I
I 1
I I
I1
| I
|1
| 1
I1
I1
| 1
|1

347.5
335.9
338.2 1
350.9
345.5 1
351.8
356.3 1
354.4
359.0
361.4
363.0
371.6

569.3
558.2
562.6
577.6
572.7
579.5
583.7
580.9
585.4
587.9
587.6
594.7

1
I

1
1
t

820.6
813.9
821.1
837.0
834.9
844.0
851.4
853.8
861.7
868.2
871.6
882.0

1
1
1
1
!
I
1

1388.8
1385.8
1400.0
1421.3
1421.3
1436.8
1450.2
1455.5
1469.2
1481.6
1487.9
1503.6

!
1
1
1
1
1
1

897.0
890.8
901.4
918.3
919.5
930.3
938.8
9^1.8
952.0
959.0
968.0
981.6

1
1
1
1
1
1
1

1465.1
1462.6
1480.2
1502.7
1506.0
1523.1
1537.6
1543.5
1559.5
1572,5
1584.3
1603.1

I
|
I
|
I
|
|
|
1
f
|
|

DATE

CURRENCY

TABLE 2
COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITFMS
SEASONALLY ADJUSTEflx-BILLIQNS-flE-DOLLA&S
DEMAND 1
IIiSE,ANa--£AVINQS DEPQSUS
I
THRIFT
I
OTHER*
I
DEPOSITS
INSJS
£IA1
1
_±_I1!1E_D£E£
sm.
85.6
66.3
113.5
66.3
86.0
66.1 I
113.8
66.1
86.7
66,1 |
114.3
66.1
87.5
66.5
114.6
66.5
88.2
66.7
115.0
66.7
88.9
67.0
115.1
67.0
89.7
67.0
116.0
67.0
90.4
67.0
115.4
67.0
91.1
67.2
115.2
67.2
91.7
67.2
114.9
67.2
92.2
67.5
114.7
67.5
92.9
67.4
114.5
67.4

1959

JAN,.
FEB..
MAR..
APR..
MAY..
JUN..
JUL..
AUG..
SEP..
OCT..
NOV..
DEC

28.7
28.7
28.8
28.7
29.0
29.0
29.0
29,
29
29
28
28

1960

JAN..
FEB..
MAR..
APR..
MAY..
JUN..
JUL..
AUG..
SEP..
OCT..
NOV..
DEC.

28.9
28.9
29.0
2^.0
29.0
29t0
29.0
29.0
29.0
29.0
29.0
29.0

114
114
113
114
113
113.8
114.5
115.0
115.3
115.2
115.2
115.2

JAN..
FEB..
MAR.,
APR..
MAY..
JUN..
JUL..
AUG..
SEP..
OCT..
NOV..
DEC.

28.9
28.9
28.9
28.9
28.9
28.9
29.0
29.1
29.2
29.4
29.4
29.6

115.5
115.9
116.3
116.7
117.1
117.4
117.5
117.7
118.1
118.4
119.0
119.1

1961

*

0.1
0.3
0.4
0.6
0.8
1.0
1.3
1.5
1.8
2.1
2.4
2.8

INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1 5 6 7 .




67.4
66.9
66.8
67.3
67.5
67.8
68.6
69.6
70.4
71.3
72.3
72.9

67.4
66.9
66.8
67.3
67.5
67.8
68.6
69.6
70.4
71.3
72.3
72.9

73.7
74.6
74.8
75.6
76.5
77.1
77.8
78.4
78,8
79.3
79.9
79.9

73.8
74.9
75.2
76.2
77.3
78.1
79.1
79.9
80.6
81.4
82.3
82.7

|

1

1
1
1
I
1
1

93.6
94.2
94.9
95.7
96.4
97.1
97.9
98.8
99.7
100.6
101.4
102.3
103.2
104.1
105.0
105.8
106.8
107.8
108.7
109.6
110.5
111.4
112.4
113.4

TABLE 2
COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS

-SEASONALLY ADJUSTE1K-BILLIQNS.J3E-DQLLARS-

DATE

1 CURRENCY

1962

JAN~
FEB.,.
.MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

|
1
1
1
I
1
\
1
I
1
1
I

29.6~"
29.7
29.8
30.0
30.0
30.1
30.2
30.2
30.3
30.3
30.4
30.6

1963

JAN...
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

I
J
1
!
1
1
1
1
1
I
I
I

30.6
30.8
31.0
31.2
31.3
31.5
31.6
31.8
31.9
32.0
32.3
32.5

JAN...
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

I
1
I
I
I
I
1
1
I
I
I
1

32.5
32.7
32.9
33.0
33.3
33.5
33.6
33t8
33.9
34.0
34.2
34.3

1964

*

|

|

DEMAND .
DEPOSITS 1
L._
IT973 1
119.3
1
119.6
1
119.8
119.8
119.8
119.6
I
119.3
119.1
119.6
1
120.0
120.3
1
120.9
121.0
121.2
121.6
122.1
122.5
123.0
122.9
123.1
123.8
124.7
124.1
124.4
124.6
124.9
125.0
125.7
126.0
127.0
127.6
128.4
128.9
129.4
129.5

1
I
!
1
1
1
1
I
I
1
1
1
I
1
1
1
1
1
1

£J2S
3.0
3.2
3.4
3.6
3.8
4.0
4.3
4.5
4.8
5.1
5.4
5.7
6.0
6.2
6.5
6.8
7.1
7.4
7.7
8.1
8.4
8.8
9.2
9.6
10.5
10.8
11.0
11.2
11.T
12.0
12.1
12.1
12.4
12.9
13.1
12.8

INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1967.




IXM£_ANU_S4V1NGS_D£P0S1TS
OTHER* |
!
JL. I I M £ - D E e S l „ S A ^ i a £ S - J
81.2
1
|
I
82.7
|
I
84.1
|
85.3
|
1
I
85.8
|
I
86.7
|
I
87.5
|
I
88.0
I
I
88.9
|
89.9
|
1
1
91.0
I
I
92.0
|

|
1

IDIAL
84.2
85.8
87.4
88.9
89.6
90.7
91.7
92.6
93.7
95.0
96.4
97.6

93.2
94.0
94.9
95.9
96.7
97.4
98.0
99.1
99.9
100.8
102.0
102.3

I
|
I
I
|
I
I
I
I
I
I
I

I
1
\
I
1
I
I
I
I
I
I
1

99.2
100.2
101.4
102.7
103.7
104.8
105.8
107.1
108.3
109.7
111.3
112.0

102.9
103.8
104.3
105.0
105.8
106.9
107.6
108.6
109.8
110.7
111.9
113.4

|
I
|
|
|
|
|
|
|
|
I
|

1
I
1
1
I
I
1
1
!
1
I
1

113.4
114.6
115.3
116.2
117.5
118.9
119.7
120.7
122.1
123.6
125.0
126.2

1

NONBANK 1
THRIFT
|

I

_1N£I£ L

1

!
1
1

114.4
115.3
116.4
117.4
118.4
119.4
120.5
121.6
122.8
124.0
125.2
126.4

|
|
1
|
|
I
I
I
I
|
|
|

127.7
129.1
130.5
131.8
133.1
134.3
135.5
136.7
137.8
139.1
140.3
141.4

|
|
I
|
I
1
I
|
I
|
I
|

142.7
143.9
145.1
146.4
147.8
149.1
150.6
152.0
153.5
154.8
156.1
157.3

I
|
|
|
I
|
|
I
|
|
|
I

TABLE 2
COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS

DATE
1965

1966

1967

*

DEMAND .
DEPOSITS

I CURRENCY

JAN777~
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

I
1
1
I
1
1
!
I
I
I
1
I

34.4
34.6
34.7
34.8
?4.9
35.0
35.2
35.4
35.7
36.0
36.1
36.3

T2977

JAN...
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

1
1
I
1
I
I
1
I
1
I
I
I

36.6
36.8
36.9
37.1
37.3
37.4
37.6
37,8
37.9
38.0
38.1
38.3

136.0
136.6
137.2
138.3
138.0
138.3
137.2
137.2
138.0
137.3
137.2
137.5

JAN...
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

1
1
I
I
|
|
I
1
1
I
f
I

38.5
38.7
38.9
39.0
39.1
39.2
39.4
39.5
39.3
39.9
40.0
40.4

129.9
130.3
130.5
130.5
131.4
131.7
132.0
132.9
133.8
134.3
135.1

I

1

1

I

137.1
138.6
139.7
139.0
140.7
142.0
143.4
144.4
145.2
146.1
146.5
147.0

|

|

|
|

|
11

f
|
\

1

£HS
13.9
14.1
14.4
14.7
15.2
15.6
15.6
16.0
16.3
16,8
16.7
16.4
16.6
16.6
16.9
17.6
17.8
17.9
18.2
17.9
17.6
16.5
15.6
15.5
17.1
18.4
}9.0
19.0
18.9
19.5
19.5
19.9
20.3
20.1
20*3
20.6

INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1967.




IJME AND SAVINGS DEPOSITS
OTHER
1
!
1_I1M£_0£££J L„SAY1NG£_1__ TQTAt
114.9
|
128.8
130.7
116.7
132.1
117.8
118.8
133.5
134.8
119.6
120,9
136.5
122.3
138.0
123.8
139.7
141.5
125.2
126.9
143.7
128.6
145.3
146.4
130.0
147.8
148.7
149.8
151.9
153.6
154.4
156.0
156.9
157.4
157.2
157.0
157.9

131.2
132. \
132.9
134.3
135.8
136.5
137.8
139.0
139.8
140.7
141.4
142.4

|
|

I

55.1
56.7
53.4
60.0
61.7
63.2
64.3
65.4
66.3
67.4
68.5
69.4

!
E
I
1
1
1
1
1
1
1

8 9 ,>o
8 9 ,► o
88. 9
8 9 ,>4
8 9 ,.9
90. 6
9 1 , .4
9 2 ,.1
9 2 .► 5
9 3 ,.0
9 3 ,.2
9 3 .>3

I
1
1
|
|
I
I
1
I
|
1
|

161.3
164.1
166.3
168.4
170.5
173.3
175.2
177.3
179.1
180.5
182.1
183.3

|

|

1
t
1

NONBANK
THRIFT
LNSIS.
158.4
1"?9.5
160.5
161.5
162.5
163.6
164.7
165.8
166.9
168.1
169.3
170.4

|
|
L
I
1
|
I
|
I
|
I
|
|
|
|

171.3
172.1
172.8
173.1
173.4
173.9
174.1
174.4
175.0
175.6
176.3
177.3

|
|
|
f
\
|
|
|
|
|
I
1

178.5
179.8
181.2
182.9
184.6
186.2
187.8
189.3
J90.7
192.0
193.1
194.0

|
|
1
|
|
\
|
|
|
|
|
I

DATE

CURRENCY

1968

JAN...
FEB,..
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

4^.6
40.7
41.1
41.4
41.5
41.8
42.0
42.3
42.6
42.8
43.2
43.4

1969

JAN...
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

43.6
43.9
44.1
44.2
44.4
44,7
44.9
45.2
45.3
45.6
45.9
46.0

JAN...
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

46.3
46.5
46.7
47.0
47.6
47.6
47.9
48.2
48.3
48.5
48.7
49.0

1970




TABLE I
COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS
,^£Ai£lNAULY^.AiLiU^I£IU-.MLLlQNS . QE-QflL IA RS
jLliiTAND .SA£Lti£S.J)EPQSIIS
DEMAND
I
OTHER I
I
DEPOSITS
.^A^iN^-J
IOIAJ
JJ}£
LXL!
184.. 0
93.6
69.8
20
147.7
185,. 9
9
3
.
8
7
1
.
3
2
0
.
148.4
187,.2
9
3
.
8
72
20,
148.9
187.. 6
93.9
73
30149.5
138,. 4
93
74
20,
151.4
189. 4
93
75
19.
152.4
1
9 1 ,.3
94
76
20,
153.5
1
94.3
94
78
21
154
196.7
94
80
22
155
199.4
94
81
22
156
202.0
95
83
23
157
204.3
95
85
23
159
159.8
160.5
160.8
161.3
161.6
161.8
162.1
161.9
162.2
162.7
162.9
162. ^
164.5
163.3
164.5
165,
165,
165.
166.
167,
169,
169,
169.9
170.7.

21.7
20.3
19.2
18.5
17.7
16.3
14.4
12.7
11.8
11.3
11.1
10.9

86.1
87.1
88.1
89.2
89.8
91.1
90.2
89.6
89.9
89.9
90.4
90.7

9 5 ..3
9 5 ..2
9 4 .. 9
9 4 ..6
9 4 ..3
93.9
93.6
93.3
93.2
93.1
93.0
92.6

13.5
10.6
11.4
13.0
13.4
13.4
16.5
18.9
20.9
22.4
23.8
25.3

90.1

92.6
92.2
91.9
92.1
92.4
92.7
93.5
94.2
94.8
95.7
96.3
97.4

90.2
91.6
93.4
94.4
96.1
98.3

100.5
102.3
103.6

105.0
106.5

203. 1
202,.6
2 0 2 ..2
2 0 2 .,3
201,. 9
2 0 1 .. 4
198..2
195,• 6
1 9 4 ..9
194.3
194.5
194.4
193.2
193.0
194.9
198.5
200.2
202.2
208.3
213.5
217.9
221.7
225.2
229.2

NONBANK
THRIFT
194.9
195.9
196.9
197.9
198.9
199.9
201.0
202.2
203.3
204.5
205.7
206.7
207.7
2Q8.9
209.9
210.7
211.4
212.0
212.6
213.2
213.3
214.2
214.5
214.9
214.9
214.9
215.5
216.6
217.8
219.1
220.7
222.8
225.1
227.5
230.0
232.6

FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

COMPONENTS OF MONEY «>TCCK MEASURES AND RELATED ITEMS
££A^QNALLY_AIiJiiSI£ILi._aiLLlQ^S_D£_D.Ql.LARS
TIME AND SAVINGS DEPOSITS
1
I
DEMAND J
OTHER
I CURRENCY 1 DFPOSITS
U3IAJL i
S A m i £ £ _ .L
,_IIii£_.Q£££j i
oas
234.3
|
4974
26.7
96.8
108.9
i
l71.6~ 1
239.9
100.7
1
27.7
111.6
I
49.8
173.0
245.0
102.9
I
50.0
114.0
28.2
174.3
247.6
104.6
I
50.4
115.2
27.8
1
175.4
250.7
105.8
116.6
|
1
50,7
28.3
177.4
253.8
106.4
118.3
1
50.9
29.1
178.4
256.1
29.9
107.0
|
51.5
119.2
179.3
%
257.8
107.7
119.7
1
51.8
180.1
30.4
108.6
120.7
I
52.0
260.3
180.3
31.0
264.2
109.6
1
52.3
32.5
180.5
122.1
267.6
110.5
I
52.3
32.8
124.3
180.8
271.1
1
52.5
181.5
111.6
33.3
126.2

JAN...
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG. . .
SEP...
OCT...
NOV...
DEC...

I
1
I
I
I
1
I
I
I
1
1
I

52.9
53.3
53.6
53.8
54.1
54.3
54.6
54.9
55.4
55.8
56.3
56.9

183.0
184.6
186.4
187.6
188.0
188.5
190.6
192.2
193.8
195.2
195.9
198.4

33.5
34.3
33.8
34.5
35.8
36.6
37.4
38.8
39.8
40.6
42.3
43.5

123.3
129.9
131.2
132.8
134.8
136.8
138.5
140.3
141,6
143.2
144.6
146.5

113.1
114.6
115.8
116.3
117.0
117.0
118.7
119.8
121.1
122.0
122.7
123.5

JAN...
FEB...
MAR...
APR..,
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

|
I
I
I
1
1
I
I
I
I
I
|

57.2
57.5
57.9
58.5
58.8
59.3
59.5
59.8
60.3
SO.6
61.0
61.6

200.7
200.8
200.2
200.5
202.8
204.6
205.1
205.3
204.8
205.6
207.7
209.0

44.7
49.2
54.3
57.4
59.5
60.5
62.4
66.5
67.0
64.7
63.7
63.0

148.8
151.1
153.4
155.7
157.5
158.7
160.6
164.1
lo6.4
169.1
171.0
173.6

123.8
123.8
123.8
123.8
124.7
125.4
125.3
125.0
125.1
125.7
126.5
127.1

DATE

"T97~""JAN777

1972

1973




1

|

j

l

NONBANK
THRIFT
INSTS
235.5
238.5
242.1
246.0
249.7
253.2
256.6
260.0
263.4
266.8
270.0
273.3

1
I
1
|
I
|
|
J
1
I
I
|
I
I
|

274.9
278.8
280.7
283.6
287.6
291.2
2 94.6
298.8
302.5
305.8
309.6
313.5

276.7
280.2
283.9
287.3
290.7
294.4
298.6
303.1
307.6
311.7
315.6
319.1

J
I
|
|
|
|
j
|
|
|
|
|

317.3
324.1
331.5
336.9
341.6
344.6
348.3
355.5
358.5
359.5
361.2
363.7

322.8
325.8
328.1
330.3
333.0
336.0
339.0
338.9
340.4
342.4
345.0
347.7

|
|
|
I
I
I
|
J
|
|
|
|

~974

JAN771!
FEB,..
MAR...
APR...
MAY...
JUN...
JUL..,
AUG...
SEP...
OCT...
NOV...
DEC...

TABLE 2
COMPONENTS UF MONEY STOCK MEASURES AND RELATED ITEMS
SEASONALLY A D J i JSTf^n. BILL|0N(S f)F DOLLARS;
i
DEMAND
1
L)[ME AND SAVINGS DEPOSITS
OTHER
DEPOSITS 1
I CURRENCY
L
£0S
J TIME QEP5J 1 SAVINGS 1
IDIAJ
1
L
176.7
369.7
65.4
20979
I
127.6 |
I
62.1
179.9
I
127.9
210.7
I
67.8
375.6
1
62.7
67.7
181.6
128.6
211.6
377.9
I
63.2
t
73.6
1
183.5
1
129.3
211.4
386.5
I
63.7
184.6
I
129.7
392.9
78.6
211.7
|
64.2
397.7
i
130.8
1
80.8
1
186.1
213.1
I
64.6
I
83.4
1
131.6
213.4
f
187.2
402.3
I
64.8
189.1
407.1
I
132.1
213.5
85.8
1
$5.5
!
190.4 I
409.1
213.7
I
86.2
132.5
|
66.0
I
133.5
192.7
412.4
214.1
1
86.2
I
66.6
I
134.6
I
215.1
I
67.4
1
193.2
414.0
86.2
418.1
I
135.9
1
89.0
215.3
I
67.8
193.2

1975

JAN...
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG.,.
SEP...
OCT...
NOV...
DEC...

I
I
I
1
I
J
I
1
1
1
1
I

68.3
68.7
69.4
69.3
70.1
70.9
71.3
71.9
72,1
72.7
73.4
73.8

214.5
214.4
215.6
215.2
217.2
220.3
220.3
221.1
222.1
221.0
222.8
221.7

JAN...
FEB...
MAR...
APR...
MAY...
JUN.,.
JUL.,.
AUG...
SEP...
OCT...
NOV...
DEC...

I
I
1
I
|
I
1
1
1
I
I
|

74.3
75.0
75.7
76.5
77.2
77.5
78 .1
78.6
79.2
79.8
80.3
30.8

222.3
223.9
224.3
225.2
226.8
226.5
226.8
228.0
228.6
231.0
231.6
233.0

DATE

1976




|

1

i

91.4
91.5
89.4
88.0
85.6
83.6
81.9
80.6
80.7
81.3
82.0
81.0

196.0
198.1
198.6
198.7
201.0
202.4
203.7
204.7
205.1
206.9
208.4
208.6

78.0
74.9
72.9
71.2
68.6
69.5
69.4
66.0
64.0
62.6
62.2
62.4

210.9
210.6
209.9
211.3
211.9
214.0
216.7
218.5
220.5
222.3
223.5
224.7

|

1
1
I
|
!
1

NONBANK 1
THRIFT
1
IN£I£_
350.0
i
352.0
i
354.5
i
356.1
i
35$.8
i
358.2
<
359.5
i
360.2
i
361.5
i
363.3
i
365.7
i
368.7
i

a

136.7
138.1
140.5
143.1
145.4
149.3
151.2
152.7
154,4
155.8
157.9
160.7

424.0
427.7
428.5
429.9
432. V
435.2
436.9
438.0
440.2
444.0
448.3
450. ?

371.9
375.9
380.9
386.4
392.2
398.6
404.5
409.5
414.2
418.6
423.2
427.7

164.1
170.4
174.4
177.7
180.6
181.3
182.7
185,7
189.3
193.3
197.5
202.1

452.9
456.0
457.1
460.1
461.1
464.8
468.8
470.1
473.7
478.2
483.3
489.2

432,6
438.3
443.8
449,5
454.9
459.7
464.8
470.6
476.9
483.3
489.2
495.0

1

i
i

t

f

i
*
t

r

i
i

ri
i
i

r
i
i
i
i
i
i
i
i
i
i

TABLE 2
COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS
DATE

1977

1978

JAN77I

1 CURRENCY

1

1 DEMAND
1 DEPOSITS

L,

iT73~ 1

FEB...
MAR..,
APR...
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

1
1
1
I
1
I
1
I
I
J
I

1
82.0
82.4
83.1
83.6
84.1
85.1 ,
85.6
86.4
87.1
87.8
68.6

234.8
235.9
237.4
239.3
240.0
241.2
243.6
245.0
246.6
248.2
248.7
250.1

JAN...
FEB...
MAR...
APR...
MAY.*.
JUN...
JUL...
AUG...
SEP.-.
OCT...
NOV...
DEC...

|
I
1
1
I
I
1
I
1
1
I
1

89.4
90.2
90.7
91.3
92.0
92.5
93.2
93.9
95.2
95.8
96.6
97.5

252.5
252.3
252.5
256.6
258.8
260.0
261.3
263.0
265.9
265.8
264.4
264.1




I

1
j
|

£HS

J
!

!
,
|

I
|

62.7
62.9
61.8
61.6
62.3
63.3
63.3
64.1
64.1
66.7
70.9
73.7
75.9
78.9
81.5
83.4
86.2
86.7
88.0
87.6
88.5
88.6
95.4
96.6

IItf£_ANQ_£AYlN££_D££I]£II£
OTHER
1
1 TIME, D£P$i
SAYILLGJS_1
205.6
225.8
!
208.1
227.4
1
229.4
210.1
211.8
231.4
213.0
233.3
213.4
236.8
1
240.7
214.5
216.8
242.2
218.6
1
243.8
219.4
246.5
219.4
249.3
219.7
I
251.Q
253.7
256.4
258.5
260.8
263.2
266.6
271.4
276.2
279.6
284.1
289.9
292.8

|

220.4
220.6
220.9
221.7
222.8
223.5
222.8
223.7
225.5
225.2
223.4
222.0

1

1
IDlAL__i
494.1
|
498.3
I
501.2
1
504.8
|
508.6
I
513.5
I
518.4
I
523.2
1
526.6
1
532.5
|
539.6
I
544.4
|
550.0
555.9
560.8
565.9
572.2
576.8
582.2
587.5
593.7
597.9
608.7
611.4

1
|
I
|
1
|
1
I
|
|
|
|

NONBANK |
THRIFT |

.-IMXS L
501.5 |
507.3 |
512.5 |
517.6 !
523.0 1
529.0 |
535.3 1
542V1 I
549.0
555.1
56Q.0
564.9

|
1
|
j

I
569.5
573.5
577.7
581.5
585,3
590.5
595.9
601.5
608.5
614.6
619.6
624.6

|
j
|
|
|
|
J
|
|
|
|
j

TABLE 3
■MQI-SEASQNALLY AQiilSIEQjL-fllLLIQNS 13E..DQLIAES

7959

1960

1961

*

CURRENCY
JAN~
FEB_
MAR
APR
MAY
J UN
JUL„
AUG
SEP
OCT
\
NOV
DEC
1
JAN
FEB
MAR _ 1
APR
MAY
!
JUN„
JUL„
AUG
SE«>
OCT„
NOV
DEC
'
JAN
FEB
|
MAR„!
APR
MAY
J UN
JUL
AUG
SEP„!
OC'T_'
NOV
]
DEC . 1

28.6
28.4
28.5
28.5
28.7
28.9
29.1
29.1
29.1
29.0
29.2
29.5
28.9
28.6
28.7
28.8
28.8
28.9
29.1
29.1
29.1
29.1
2Q.3
29.6
28.8
28.6
28*6
28.7
28.7
28.9
29.2
29.2
29.3
29.4
29.7
30.2

Q]=MAND DEPP?S I T S
r _ ^
DOMESTIC
[SIQN-MEMRJ L
MEHBEp
L ^ - I Q T A L ..'. ;
1
116.9
1
19.3
1
96.9
I
18.8
1
94.7
I
114.2
18.5
1
94.1
!
113.4
18.8
1
94.9
1
114.5
18.6
93.8
1
113.2
18.6
I
113.8
1
94.2
18.9
94.5
I
114.3
I
113.9
19.0
94.0
19.4
I
114.5
94.0
19.6
94.1
I
114.9
19.9
94.7
i
115.8
20.1
1
117.6
96.3
1
!
!
1
I
1
I
1

117.7
114.3
113.0
114.1
111.9
112.2
112.9
113.5
114.6
115.4
116.3
118.4
118.9
116.3
115.4
117.0
115.4
115.8
115.8
115.7
117.3
118.6
120.1
122.7

|

|
|

!

96.4
93.7
92.8
93.8
91.9
92.1
92.7
93.2
94.0
94.4
95.0
96.7
97.2
95.1
94.6
96.0
94.7
95.1
95.0
94.8
95.9
96.9
97.9
100.2

t

I

1

|

CDS

f

20.1
19.5
19.1
19.2
18.9
18.9
19.1
19.2
19.5
19.8
20.2
20.4
20.6
20.0
19.6
19.8
19.5
19.5
19.6
19.7
20.1
20.5
21.0
21.4

66.8
66.6
67.0
67.5
67.8
68.3
69.1
69.9
70.7
71.4
71.5
72.0

|

INCLUDES SAVINOS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1 9 6 7 .




AND S A V I N G S nFPOSTTS
_ i OTHER f NONBANK
OTHER* |
1 CHECK- 1 T H R I F T
I Q I A L - |ABLE PEPSI _ I U £ I 5 _
1. I l M £ - Q £ £ S l - i A V l N r i S _ J
I
65.6
65.6
|
85.9
t
65.8
I
!
65.8
86.2
!
1
I
66.2
86.9
66.2
1
1
1
66.7
\
1
66.7
87.5
1
1
67.1
|
1
67.1
88.1
1
1
67.4
|
I
67.4
1
»
^ 2
67.6
|
1
67.6
89.9
I
I
1
67.4
67.4
\
90.?
1
f
67.5
I
1
67.5
90.9
\
I
67.4
\
I
67.4
91.3
\
!
I
66.8
66.8
|
91.8
t
I
66.6
|
I
66.6
92.9
I
»

TIME

J|
DATE

0 .. 1
0, 3
0, 4
0 ,► 6
0 ,► 8
1, 0
1. 3
1, 5
1. 8
2, 1
2, 4
2, 8

1
i
1
1
!
1
|
1

73.1
74.4
75.0
75.8
76.9
77.5
78.3
78.7
79.1
79.4
79.1
79.0

1
|
{
1
I
I
f
(
|
!
»
I
|
I
|
\
|
I
f
I
f
|
|
|

I
\
[
I
I
[
I
I
f
1
I
1
1
1
I
1
1
1
I
I
\
1
I
I

66.8
66.6
67.0
67.5
67.8
68.3
69.1
69.9
70.7
71.4
71.5
72.0
73.2
74.6
75.5
76.5
77.7
73.6
79.5
80.2
80.9
£!.■■>
81.5
81.8

1
1
I
[

1
1
1
I
J
J
»
I
t
1
\
*
I
\

J

\
i
I
f
I
1
I

I
1
1
I
1
1
I
1
1

1
1
1

1

i
t
i
i

i
t
1
t
t
t

94.0
94.*
95.1
95.7
96.2
97.4
98.?
98*6
99.5
100.?
101*0
102.3
103.$
104.4
105.2
106.0
106*7
108*0
108.9
10^.3
110.1
111.0
1^2.0
113.5

I

1

U.S.GOVTl

~ L DEMAND-1
3.2 I
1
4-3 1
1
3t'T
1
J
4.6
|
J
5.2 1
t
4.0 1
»
4.9
r
1
5.1 1
*
5.2 I

i\
i
»
i

i
t
i
i
t

ii

4.9
4.7
4.9

f
J
t

4.1
4.1
4.3
3.6
6,4
6.3

»
I
I
1
t
»

6.7

1

1

6.1

ti

t
i

5.4

1

5.7
5.8
4.T

|
t
|

»
i

4.1
4.8
4.7
3.8
4.7
4.5
4*3
5.5
5.2
6.5
5.8
4.9

|
|
|
I
t
|
I
t
$
f
|
t

i
i
i
i
i

i
i

i
t
t
f
t

JL
CURRENCY
L
2975
JAN
29.4
FEB
29.5
MAR
29.7 1
APR„
29.7
MAY
30.0
J UN
1
30.3
JUL
30.3
AUG _
1
30.3
SEP
I
30.4
1
OCT
30.8
NOV
31.2
DEC
""

DATE
T962

1963

1964

*

TQTAJ
123.0
119.7
118.7
120.5
117.9
118.0
117.9'
117.1
118.2
119.7
121.1
123.9

TABLE 3
NOT 1i£ASQNALLY_ -ADJUSTED*-_BILLIQNS_OF_DOLLARS
(DEMAND DEPOSITS
I._
T.I.HF AND SAVINGS 12££Q£US.
OTHER* |
1
1 DOMESTIC
TIME D£P$I SAVINGS 1 TOTAL
1
M£MR£R_LNDlfc=4EtfBJ
CDS
80.7
I
21.7
|
2.9
100.1
1
.63.6
82.5
I
3.2
21.3
97.3
I
85.6
84.4
|
3.3
96.4
I
87.7
21.1
85.6
|
3.6
21.5
97.9
1
89.2
86.2
|
3.8
21.0
95.7
1
90.0
87.1
1
20.8
95.9
4.0
1
91.1
4.3
I
95.7
87.8
I
21.0
1
92.2
88.3
|
1
92.9
4.7
20.9
95.1
95.8
\
93.8
4.8
89.0
I
21.3
90.0
|
1
95.0
5.0
21.7
96.9
97.9
1
95.5
22.2
90.1
|
1
5.4
1
96.7
5.7
22.4
100.4
91.0
I

JAN
FEB
MAR
APR
MAY
J UN
JUL _
AUG_
SEP
I
OCT
NOV
DEC„

30.5
30.5
30.7
30.9
31.0
31.4
31.8
31.9
32.0
32.1
32.6
33.1

124.9
121.3
120.2
122.3
120.0
120.4
121.3
120.7
122.2
123.9
125.8
127.8

101.0
98.1
97.3
99.0
97.0
97.4
98.0
97.5
98.6
99.8
101.2
102.9

JAN
FEB
MAR
APR
!
MAY
J UN
1
JUL _
1
AUG
SEP„
OCT„
NOV
DEC

32.4
32.3
32.6
32.8
33.1
33.4
33.7
33.9
33.9
34.1
34.6
35.0

128.9
124.9
123.8
125.9
122.9
123.9
125.2
125.1
127.4
129.2
130.6
133.6

103.8
100.5
99.7
101.4
98.9
99.8
100.7
100.4
102.1
103.4
104.3
106.8

1

i

1
|

1

22.8
22.2
21.9
22.3
22.0
22.0
22.3
22.2
22.6
23.1
23.6
23.9
24.1
23.3
23.1
23.5
23.0
23.1
23.5
23.6
24.2
24.8
25.2
25.7

1
1
1
[

1
1
1
1
1

INCLUDES SAYINGS DEPOSITS AT COmERCIAL BANKS fBXQK TO 19.67.




5.8
6.2
6.5
6.8
7.2
7.4
7.8
8.3
8.4
8.6
9.1
9.6
10.2
10.8
10.9
11.3
11.9
12.1
12.3
12.5
12.3
12.6
13.0
12.9

1
i

1
!
!

I

92.8
93.9
95.4
96.3
97.1
97.8
98.4
99.2
100.0
100.9
101.1
101,3

I
|
I
|
I
|
I
!
I
I
I
I

1
1
1
1
f
1
1
1
I
1
I
I

98.6
100.1
101.9
103.1
104.3
105.2
106.2
107.5
108.3
109.5
110.2
111.0

102.9
103.8
104.8
105.4
106.1
107.0
107.8
108.6
109.7
110.8
111.2
112.3

\
I
1
|
!
I
|
!
|
1
1
|

1
1
1
1
!
1
1
I
1
1
1
I

113.0
114.5
115.7
116.7
118.0
119.1
120.0
121.1
122.0
123.4
124.1
125.2

OTHER
I NONSANK 1
i
CHECK- ! THRIFT 1 U.S.GOVTI
jIA3LE. fiEPSl
IfllSTS _t- DE^AjSID f
114.9
3.8 1
4
4.7
|
1 115.6 i
5.0 1
1
1 116.7 i
3.8
|
1
i 117.6 i
7.0
1
1
1 118.2 i
7.2
I
1
I 119,7 i
7.0
\
t
I 120.7 i
6.8
|
1
I 121.3 1
7.2
|
1
* 122.4 1
7*3
|
1
J 123.6 4
6.1
I
1
I 124,7 J
5.6
1
1
1 126,5 1
.

1

I

1
1
1
1

1
!
1
1

1

128.2
129.4

130.8
132.0

1
1
1
1
1

1
!
1
1
1

132.9
134.6
135.7
136.2
137,4
138.6
139.8
141.6

1
1
1
1
1
1
1
1
1
1
1

1
t
1
1
(
1
1
1
1
1
t

143.2
144.2
145.6
146.6
147,6
149.4
150.8
151.5
152,9
154.3
155.5
157.4

1

1
1

1
1
1
J
1
i
1
1
J
t
1

1
1
1

1
!

1
1
1
I
1
\
1

i

4.8
5.7
6,0
V,2
7.1
7,5
7.8
6.3
6.6
5l3
4.3
5.1
4.1
V.8
6.0

|
J
J
|
i
J
J
1
1
1
i
I
1
1
|
1

4,?

I

6.6
7.6

)
\

6.9
6.3
6.5
5.5

I
1
1
J

5.8

|

5.5

I

1
PATE
1965

1966

1967

*

1
CURRENCY

J A N "
FEB
MAR„
APR
MAY
J UN
JUL
AUG„
SEP„
OCT
1
NOV
DEC

34T4
34.2
34.4
34.5
34.6
34.9
35.4
35.5
35.7
36.0
36.5
37.1

JAN
PEB„
MAR
APR
MAY
JUN
JUL
AUG..
SEP„ f
OCT
NOV
DEC„

36.5
36.4
36.5
36.8
37.0
37.3
37.8
37.3
37.9
38.1
38.5
39.1

JAN_
FEB„
MAR
APR
MAY_
JUN
JUL
AUG„
SEP„
OCT„
NOV
DEC
1

38.5
38,3
38.5
38.6
38.8
39.2
39.6
39.6
39.7
40.0
40.5
41.2

1

TABLE 3
NOT SEASONALLY A D J U S T E D . B I L L I O N S OF HOLLARS
I1ME AND SAVIM£^J1££QS1TS
QEMAND_D£BQ£1IS
1
DOMESTIC
OTHER*
IDIAL
LTIME..QEPSJ ._SA£LN££-J
M£Mfi£R_. LflON-MEMa]
IQTAL
ens
107.5
128.3
13.5
114.8
26.0
134.7
14.1
103.6
130.8
25.1
129.7
116.8
132.7
24.9
1
118.3
14.3
103.2
129.1
25.3
105.2
14.7
131.7
I
134.0
119.2
24.6
135.4
15.3
127.5
120.1
101.8
24.9
103.2
15.6
136.6
121.1
129.2
122.4
25.2
15.8
103.7
133.3
130.0
102.9
123.8
16.4
25.2
129.2
140.2
125.1
|
25.9
141.4
16.3
105.0
132.0
143.5
26.5
106.6
127.0
16.5
134.2
144.3
27.1
107.3
135.5
16.6
127.8
I
27.7
110.6
139.4
145.2
129.0
16.3

1 141.2
136.0
1 135.9
139.6
134.8
I 136.6
1 135.5
134.3
1 137.0
I 137.6
138.3
141.9
142.3
137.4
138.3
140.2
137.5
140.6
141.8
141.6
144.2
146.3
147.7
151.7

111.9
107.8
107.9
110.9
106.9
1 108.4
! 107.0
106.1
1 108.3
108.7
109.0
112.2

1
|
|

112.3
108.6
109.7
111.2
109.0
111.6
112.3
112.1
113.9
115.5
116.4
119.7

I
1
1
1
1
1
f
I

|

28.2
27.1
26.9
27.5
26.8
27.0
27.3
27.0
27.5
27.7
28.2
28.6

I

28.8
27.8
27.6
28.0
27.5
27.9
28.4
28.4
29.2
29.6
30.1
30.8

INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1967.




16.3
16.6
16.9
17.5
17.9
17.8
18.3
18.4
17.6
16.3
15.6
15.5

131.1
132.1
133.5
134.9
136.3
136.6
137.9
139.0
139.8
140.8
140.5
141.4

16.9
18.4
19.0
18.9
18.8
19.2
19.4
20.4
20.3
20.1
20.7
20.7

54.8
57.0
58.6
60.4
62.1
63.2
64.5
65.9
66.9
67.7
67.3
67.7

|

NONBANK
OTHER
CHECK- |
THRIFT
U.S.GOVTl
. A f i L U f E i 1—IN S I S _ I _ D£MAflD.J.
4.2
t
159.0
159.7
5.7
1
161.0
6.6
I
5.5
I
161.8
9.7
I
162.3
163,9
9.1
|
164.9
9.0
I
7.3
|
165.2
166.4
5.5
I
5.0
|
167.7
168.7
4.1
1
4.6
|
170.5

I

147.4
148.7
150.4
152.4
154.2
154.4
156.2
157.4
157.4
157.1
156.1
156.9

1

8 9 ., 1
88. 7
8 9 ,. 3
8 9 .,6
90. 0
90. 8
91, 3
91. 6
91, 9
92, 8
93, 4
93. 7

160.8
164.1
166.9
168.9
1 170.9
173.1
175.3
177.9
179.1
180.5
i81.4
182.1

171.8
172.3
1 173.3
173.4
173.2
174.2
174.3
173.8
174.5
175.2
175.7
177.5

1
1
1
1
1
1

0.1
0.1
Q.l
0,1
9.1
0.1
0.1
0.1

1

o.x

1

0,1
0.1
0,1

179.0
179.9
i 181.6
183.2
184.4
186.6
188.1
188.8
11 1 9 0 . 2
191.6
I
192.5
194.2
1

1
1

1.

!

1

1

1

3.8
5.1
4.5
3.0
7.1
6.1
8.0
5.1
4.3
4.8
3.7
3.4

|
I
|
I
1
I
|
1
j
I
J
j

4.2
5.1
4.9
4.8
6.5
4.0
5.7
4.3
5.0
6.3
5.3
5.0

I
i
1
1
I
j
I
|
1
1
1

1_
DATE
"1968

1969

1970

CURRENCY

TABLE 3
.ADJUSTED, .BILLIONS OF DOLLARS.
fcLQT SEASONALLY,
3JLMANQ.QEPQSIIS
1
IIME_ANJ2 *AYIfiL&£ Q£EQ£IIi_
OTHER
DOMESTIC
1
£DS
1 M£Mfi£R_J NON-MEMBl
LlIti£_2££Sj LSMItt£S_. 1 IQIAL
1 183.9
69.6
20.6
31.1
120.7
93.7
185.9
71.6
20.8
29.9
116.0
93.5
187.9
72.8
29.8
116.3
I
94.3
20.8
74.1
119.1
19.9
30.5
188.2
94.2
188.7
94.0
75.2
19.6
30.1
116.7
189.0
94.2
75.5
19.3
30.6
1 119.1
191.1
76.7
!
94.0
20.4
31.2
119.8
194.8
93.9
78.9
22.1
31.2
•
119.0
196.7
22.2
120.6
80.6
!
94.0
1
32.1
199.7
23.0
32.6
i
94.5
82.3
122.3
201.4
23.6
,
33.4
124.1
82.6
1
95.2
83.8
23.8
34.3
1
95.6
203.2
128.1

40.3
40.7
41.0
41.3
41.8
42.3
42.5
42.6
42.8
43.6
44.3

L„IQIAJ
153.1
147.1
147.4
150.9
148.0
151.1
152.3
151.5
154.0
156.2
158.9
163.8

1
JAN
FEB
MAR
APR
!
MAY
J UN
JUL
AUG
SEP_
OCT
NOV
DEC„

43.5
43.4
43.7
43.8
44.2
44.7
45.2
45.4
45.3
45.6
46.4
46.9

165.5
158.9
159.1
162.7
158.2
160.6
161.2
159.0
161.1
162.5
163.9
167.8

129.4
124.0
124.2
126.9
123.1
124.8
125.0
123.1
124.3
125.4
126.3
129.3

JAN
FEB
MAR
APR
MAY
J UN
JUL
AUG
SEP„
OCT
NOV
DEC

46.1
45.9
46.3
46.6
47.3
47.7
48.3
48.3
48.2
48.5
49.2
50.0

170.2
161.5
162.7
167.0
162.3
164.5
165.2
164.9
167.8
169.1
170.9
175.8

131.2
124.5
125.7
128.9
125.1
127.0
127.1
126.8
129.1
130.0
131.1
135.0

JAN~
FEB
MAR
APR
MAY
J UN
JUL
AUG
SEP
OCT
NOV
DEC




■ ^37^

!
1
1
1
!

j

34.8
33.5
33.4
34.5
33.7
34.4
34.8
34.6
35.4
35.8
36.4
37.2

21.8
20.3
19.2
18.2
17.3
15.9
14.1
13.0
11.9
11.5
11.4
11.1

85.7
87.4
88.6
89.9
90.8
91.0
90.5
90.2
90.3
90.2
89.0
89.0

37.7
35.7
35.6
36.7
35.8
36.0
36.5
36.5
37.2
37.6
38.2
39.2

10.6
10.6
11.4
12.7
13.0
13.0
16.1
19.2
21.4
23.1
24.4
25.7

89.5
90.6
92.2
94.0
95.3
96.0
98.2
100.7
102.6
103.9
103.6
105.2

I

f

J

1

95.4
94.9
95.4
94.9
94.4
94.4
93.5
92.8
92.6
92.6
93.0
93.1
92.6
91.8
92.4
92.6
92.8
93.3
93.8
93.9
94.1
95.1
96.0
97.1

|

202.9
202.6
203.2
203.0
202.4
201.3
198.0
196.0
194.9
194.4
193.4
193.2
192.7
193.0
195.9
199.3
201.1
202.3
208.0
213.8
218.1
222.0
224.1
228.1

NONBANK
1 "OTHER
THRIFT
1 CHECK1ASL1-.Q£RSJ
INSIS
195.4
1
0.1
195.9
o.i
197.4
1
0.1
198.3
0.1
I
198.8
1
0.1
200.5
0.1
I
201.4
O.i
I
0.1
201.5
202.7
0.1
204.0
0.1
205.0
1
0.1
£06.8
0.1

1

O.i
0.1
0.1
0.1
0.1

I

o.\

I[

O.i

1

0.1
0.1
0.1
O.i
O.i

0.1
O.i
0.1
Q.l
O.i
0.1
0.1
0.1
0.1
0.1
0.1
0.1

I

1

1
1
i
1
|
I
|
i
I
|

208.2
208.8
210.4
211.2
211.4
212.8
213.0
212.5
213.2
213.7
213.8
215.1
215.2
214.3
216.2
217.5
218.3
220.2
221.8
222.7
224.3
226.4
228.0
230.9

1
U.S.GOVTI
^ANILl
5.0
|
7.2
I
6.7
|
4.3
|
6.5
|
5.6
I
£.8
|
5.7
|
6.0
|
6.3
|
1
4.5
|
5.0
|

|
|

!
!
1
i
1

4.9
6.9
4.8
5.3
9.2
6.0
5.6
4.3
5.3
4.2
5.2
5.6

J
|
j
|
I
|
|
|
|
I
1
|

4.8
7.1
6.9
5.3
6.4
6.5
6.8
7.1

j
I
|
|
|
|
|
|

6.9
6.2

I
I

5.7

|

7.3

I

I
DATE
™971

1972

1973

CURRENCY
JAN~ 1
FEB
MAR„
APR
MAY
J UN
JUL„ 1
AUG
SEP„ 1
OCT
NOV
DEC

49.1
49.1
49.5
50.1
50.5
51.0
51.9
51.9
51.9
52.2
52.7
53.5

JAN
FEB
MAR
APR
MAY
J UN
JUL„
AUG
SEP„
OCT
NOV .
DEC_

52.5
52.6
53.1
53.5
53,9
54.4
55.1
55.1
55.3
55.7
56.7
57.9

JAN
FEB
|
MAR
APR
I
j
MAY
JUN„!
JUL
i
AUG„|
SEP„
OCT
!
NOV_J
DEC
I

56.8
56.8
57.4
58.3
58.7
59.4
60.0
60.0
60.1
60.4
61.5
62.7




L
1
1
1
1
1
1

1
!

.

1
j

IDIAJ
177.0
170.9
172.4
177.0
173.9
177.4
178.7
177.3
179.1
180.2
181.8
186.9

TABLE 3
NOT SEASONALLY A D J U S T E D , B I L L I O N S np nm i ARS
QfmNILDEP0S1IS
1
U J 4 £ _ A U D _ £ A V I N G S DEPQslLTS
DOMESTIC
OTHER
1TIME QEPSJ S A V I N G S
MFMQER 1 NQN-MfMBl
TOTAL
CDS
1
26.8
I
98.6
1
108.4
135.7
39.8
233.8
239.6
100.3
27.3
112.0
38.3
131.1
103.5
28.0
132.4
38.4
246.2
1
114.8
248.5
105.7
27.1
135.8
115.7
1
39.7
27.4
251.4
106.5
39.1
117.5
133.2
28.3
118.5
135.8
40.0
254.0
107.2
29.3
107.4
118.9
255.6
X36.4
1
40.7
31.0
135.0
258.3
107.4
I
119.9
1
40.7
260.6
107.7
31.9
136.0
41.4
1
121.0
264.6
136.4
42.1
108.8
122.3
1
33.5
266.1
33.6
137.3
43.0
109.9
122.6
44.1
33.8
141.1
269.8
1
124.9
111.1

188.4
182.1
184.3
189.3
184.2
187.5
190.3
189.5
192.5
194.8
197.1
204.8

142.3
137.5
139.4
143.0
138.8
141.0
142.7
141.7
143.6
145.0
146.4
152.1

44.6
43.2
43.7
45.1
44.3
45.4
46.4
46.8
47.9
48.8
49.7
51.4

33.7
33.6
33.4
33.7
34.9
35.8
36.8
39.5
41.0
41.8
43.1
44.2

206.4
198.0
197.7
202.3
198.8
203.7
205.2
202.5
203.4
205.2
208.9
215.7

152.4
145.8
145.3
148.5
145.3
148.7
149.2
147.4
147.8
149.2
151.2
156.5

51.6
49.8
50.1
51.6
51.1
52.4
53.2
52.7
53.3
53.8
55.1
56.3

44.9
48.3
53.5
56.0
58.4
59.3
61.8
67.8
69.0
66.6
64.3
64.0

|

I

|
|

1
1

|

12 8 . 1
130.6
132.2
133.3
135.9
136.9
137.9
140.3
141.7
143.2
142.9
145.0

112.7
114.2
116.5
117.6
117.8
118.8
119.4
119.7
120.0
121.0
121.9
122.6

148.6
151.3
154.6
156.5
158.6
158.8
159.6
164.1
166.3
169.1
169.3
172.2

123.4
123.4
124.6
125.2
125.7
126.5
126.4
124.8
124.0
124.6
125.4
126.0

j

i

i

NONBANK
L
OTHER
THRIFT
I
CHECKINSTS
LA£JLE_D££.SJ
1
234.8
0.1
238.4
0.1
243.2
0.1
247.8
0.1
251.0
0.1
254.8
0.1
0.1
258.1
0.1
259.8
1
262.4
0.1
0.1
265.4
1
267.7
0.1
0.1
1
271.3

274.6
278.4
282.0
284.5
288.6
291.5
294.0
299.5
302.7
306.0
307.8
311.8

0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1

316.9
323.3
332.6
337.6
342.7
344.7
347.3
356.7
359.3
36Q.3
359.0
362.2

0.2
0.2
0.2
0.2
0.2
0.3
0.3
0.3
0.3
Q.3

1

1

1

0.3
0.3

!

1

!
j
1!
1
i
!
1
1
I
1
I

275.8
280.0
285.1
289.4
293.2
296.4
300.4
303.0
306.5
310.3
313.1
317.p
321.7
325.2
329.3
332.5
334.5
338.2
340.2
338.9
339.2
340.8
342.2
345.3

1
U . S . G O V T\
i L _ r G £ M m JL
1
6.8
1
8.5
J
5.5
1
I
5.6
1
1
8,0
1
5.5
1
I
7.0
1
7.0
1
7.7
1
5.4
1
1
4,0
1
6.9
I
1
1
7.4
i
7.4
i
!
7.9
i
7.7
i
1
10.5
i
6.9
i
7.3
i
1
5.3
i
6.0
i
6.7
i
6.3
i
7.4
i

i

I
1
1

1
1
1
1

8.1
9.9
10.4
8.3
8.7
7.1

6.5
4.1
5.3
6.0
4.3
6.3

i
i
i

i
I
i
i
i

i

i
i
i

i

TABLE 3
~"
DATE

~ i T
CURRENCY

1
1974

JANIT

FEB
MAR
APR
MAY
J UN
JUL
AUG
SEP
OCT
NOV
DEC
1975

1976

i
1
I
i

6K6
61.9
62.7
63.5
64.1
64.8
65.3
65.7
65.8
66.4
67.9
69.0

JAN
FEB
MAR
APR
MAY
!
J UN
JUL
AUG
SEP
OCT
NOV__
DEC

67.8
67.8
68.8
69.1
70.0
71.2
71.9
72.1
71.9
72.5
73.9
75.1

JAN
FEB
MAR
APR
MAY
JUN X _
JUL_ 1
AUG
SEP
OCT
1
NOV
1
DEC

73.7
74.1
75.1
76.3
77.1
77.8
78.7
78.9
79.0
79.6
80.8
82.1




1
1
1

1
1

1
1
I

1

1
1
I

I
1

Q£MANH Q £ £ D £ I I £ i
1
1 DOMESTIC

_

IL&E

1

AN£ SA^ON£S.J2££QSlI£
OTHER

I

1

IQTAL—J
215.3
207.4
208.8
213.5
207.4
212.2
213.7 210.7
212.2
213.7
216.4
222.2

155.8
150.4
151.6
154.8
150.2
152.7
153.8
151.7
152.7
153.7
155.4
159.7

219.9
210.6
212.6
217.4
212.9
219.4
220.7
218.4
220.5
220.5
224.2
228.8

158.2
151.8
153.4
156.9
153.4
157.5
158.4
156.4
157.7
157.3
159.6
162.8

58.2
55.7
56.0
57.4
56.6
58.9
59.4
59.0
59.7
60.3
61.4
62.6

227.9
219.6
220.9
227.9
222.2
225*6
227.5
225.5
227.0
231.0
232.8
240.5

162.6
156.5
157.6
162.5
157.9
160.0
160.9
159.2
159.9
162.7
163.5
169.4

62.1
59.9
60.3
62.4
61.1
62.5
63.1
62.9
64.0
65.0
66.0
67.5

I

|

56.6
54.4
54.4
56.0
54.6
55.9
56.2
55.8
56.3
56.8
57.3
56.5

I

65.8
66.1
66.7
71.8
77.2
79.6
82.8
87.1
88.7
88.8
87.1
90.5

|

176.5
130.7
183.0
184.5
185.8
186.4
186.4
189.1
190.0
192.2
191.2
191.7

|
1

91.9
89.2
88.1
85.8
84.1
82.3
81.3
81.1
82.7
83.7
82.9
83.5

195.7
199.0
200.1
199.9
202.3
202.6
203.1
204.6
204.7
206.4
206.3
207.1

1

78.5
73.0
71.8
69.4
67.4
69.1
68.9
66.3
65.3
64.2
62.9
64.3

210.6
211.9
211.8
212.3
213.3
214.4
216.0
218.1
220.1
221.6
221.3
222.9

1

1

I

i

1

1

127.1
127.6
129.4
130.8
130.9
131.9
132.8
132.0
131.3
132.3
133.4
134.5

I

369.4
374.3
379.1
387.1
393.9
397.9
402.0
408.2
410.1
413.3
411.7
416.7

136.1
137.7
141.3
144.7
146.7
150.6
152.6
152.7
153.0
154.4
156.4
159.1

423.8
425.9
429.4
430.4
433.2
435.5
436.9
438.4
440.4
444.5
445.6
449.6

163.4
170.0
175.4
179.8
182.2
182.7
184.2
185.7
187.7
191.8
195.9
200.2

452.5
454.9
458.9
461.4
462.8
466.3
469.1
470.0
473.0
477.6
480.1
487.4

\

|

I

~OTHER
CHECK-

| NONBANK
I
THRIFT I

U.S.GOVTI

_iiftfAiiD_i
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.4
0.4
0.4
0.4

I
|
I
|
1
I
I
|
|
1
I
j

348.8
351.4
355.8
358.5
353.3
360.5
361.9
360.3
360.4
361.7
362.9
366.3

8.1
6.6
6.4
6.0
7.6
6.1
5.4
4.0
5.5

|
|
|
1
I
|
I
1
|

3.7

I

3.4
4.9

|
I

0.4
0.4
0.5
0.5
0.5

I

4-0
3.3
3.8
4.0

1
I
I
I

0.5
0.$
0.6
0.6
0.7
0.7

1
I
|
I
I
I
1
1
I
1

370.8
375.2
332.2
388.8
393.6
400.8
407.0
409.7
413.0
417.0
420.1
424.9

4.1
4.2
3.4
2.7
3.9
3.4
3.5

|
»
I
I
|
|
|

4.1

I

0.7
0.8
0.8
0.9
0.9
0.9
1.0
1.1
1.2
1.2
1.3
1.4

1
I
I
1
1
1
1
I
I
I
|
1

431.4
437.5
445.3
452.2
456.3
462.0
467.5
470.8
475.9
482.0
466.3
492.5

3.8

I

4.5
3.9
3.9

|
|
|

3.8

1

4.8
3.5

|
|

3.7

I

5.0
4.0
4.1
4.4

|
(
I
I

0.5

1
DATE
~977

JAN~ i
FEB„
MAR
APR
1
MAY
I
JUN_

JUL„ !
AUG„
SEP„
OCT
NOV
DEC
197a

±__I

QEMANS-QEPOSIIS

CURRENCY

JAN
FEB
MAR„
APR.
MAY.
J UN
^UL_
AUG
SEP
i
OCT

NOV_i
DEC |




80.9
81.7
82.9
83.5
84.3
85.8
85.9
86.2
86.9
88.4
90.1

TQTAl
240.6
230.9
233.3
242.4
235.2
240.3
244.6
242.3
244.9
248.2
250.0
258.1

88.7
89.0
89.9
91.0
91.9
92.8
93.9
94.2
94.9
95.6
97.2
99.1

258.8
247.0
248.2
259.9
253.6
259.0
262.4
260.2
264.1
265.8
265.7
272.5

IOTT

1

|

1

i
1
1
i
1

1

|

r

MEMBER j i
169.1
1
162.0
1
163.2
!
168.8
163.1
166.3
169.0
167.5
168.8
171.2
171.5
177.5
177.3
169.0
170.0
177.3
172.7
175.8
177.9
176.2
178.3
179.3
178.3
182.9

|

|

i

DOMESTIC 1
N0N-MEMB1L
68.0
1
65.5
i
66.6
70.0
1
68.4
!
70.2
71.4
70.8
71.8
72.8
74.1
76.2
77.0
73.8
74.3
78.5
77.0
79.2
80.5
80.1
81.9
82.7
83.7
85.6

i

LiU£_ANO_£AYia<&_i2££a£lT S
OTHER
U1ME_D£PSJ SAVINGS 11
!
204.8
1 225.7
1
207.5
t
228.9
1
211.2
1 231.5
I
214.2
232.3
i
214.8
1
1 234.7
I
215.0
237.2
216.3
239.8
216.8
1
241.8
1 216.8
1
1
243.5
217.7
245.8
217.6
246.9
217.7
249.0

CDS
63.1
61.3
60.8
60.1
61.2
63.0
62.8
64,5
65.4
68.3
71.6
75.9
76.4
76.9
80.2
81.4
84.6
86.3
87.3
88.0
90.3
90.8
96.4
99.5

i

253.5
257.9
260.8
261.9
264^8
267.1
270.5
275.7
279.2
233.3
287.1
290.5

,

|

219.6
220.0
222.1
224.2
224.6
225.1
224.7
223.7
223.6
223. 5
221.5
219.9

1

jL OTHER
CHECK-

FNONBANK "

1

THRIFT

| U.S.GOVTl

TQIAt^-J.A£L£,g££LSl^lNSIS ^1^OEiHAmJ.
3.9
|
493.6 |
1.4
| 500.2

^97.6
503.6
1
506.5 • i
510.7
515.2
518.8
523.0
525.7
531.8
536.0
1
542.6
i

1.4
1.5
1.6
1.6
1.7
1.8
1.8
1.9
2.0
2*1
2.1

I
1
I
I
I
I
1
1
1
1
I

505.9
513.7
520.3
524.1
531.2
538,1
542.3
548.2
554.0
557.0
562.3

549.5
554.9 •
563.2
567.4
574.1
578.5
582.4
587.5
593.1
597.6
605.0
609.9

2.2
2.3
2.3
2.5
2.6
2.6
2.7
2.8
2.8
2.9
3.1
3.2

1
1
J
1
1
|
I
I
I
I
1
1

568.1
571.8
578.8
584.3
586.4
592.8
598.8
601.7
607.5
613.4
616.3
621.6

4.2
4.3
5.4
3.6
5.0
3.6
3.4
5.0
3.7
3.5
5.1

|
|
|
|
|
j
1
|
|
I
I

4.3

|

4.3
4.8
5tO
4.0
6.2
«•?

1
1
I
I
1
I

3,6
6.2
4.3
8.0
10.2

1
I
1
I
1

1959 JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
J UN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC
*

TABLE
MONEY STOCK MEASURES, COMPONENTSi, AND RELATED ITEMS
S£ASJ31iAiLY_ADJiJSI£Jlt._MLJ.IDNS_D£_DDLLA£S
1
1.
Mi
I
Mi+
L
MZ
J1
Ml
i
DEMAND |
DEMAND | Ml PLUS |
Ml PLUS I
M2 PLUS
! DEPOSITS I SAV ING
LARGE
CURRENCY
OEPOSITS 1
CO S
1
TIME
*LUS
| AT C BS £ 1 EXCEPT
NEGOTI1
La2RR£U£*--.U£id&- Q££S_1_LAB££_£D.S.1 AQIE COS \
7
113.3 |
I
208.1
142.0 I
208.1
14
142.1 |
2 88..66
208.4 I
1
208.4 I
113.5 |
113.5 |
142.2 I
1
208.5
208.5
21
28.7
142.2 I
28 I
208.4
28.7
113.5 |
1
208.4 I
113.5 |
4
208.3
28.7
142.2 1
1
208.3
142.3 I
11 1
208.3
28.7
113.6 |
1
208.3 1
113.8 |
1 4 2 . 5 |18
28.7
1
208.5
208.5
142.6 |
25
208.7
1
208.7 I
2 8.7 1
113.8 |
114.1 |
142.8 |
4
1
208.9
208.9
28.8
142.9 |
1
209.0 1
209.0 I
114.1 I
11
28.8
114.7 |
143.5 I
1
209.6
209.6
18
28.8
114.1 |
142,8 I
25 1
I
209.0 I
209.0 I
28.8
143.4 1
1
209.8 1
209.8
1
28.8
114.6 1
114.8 I
210.0
28.8
143.5 1
81
1
210.0
143.4 |
15
1
210.1 !
210.1
28.7
114.7 I
143.1 I
1
209.8 1
209.8
22
28.8 1
114.3 |
143.2 I
29
1
210.1
210.1
28.8
114.4 I
143.4 I
6
!
209.9
209.9
114.5 |
28.9
143.7 I
I
210.3
210.3
13
28.9
114.8 |
143.9 |
I
210.5 1
210.5
20 1
115.0 |
28.9
144.2 I
27
1
211.0 I
211.0
28.9
115.3 |
144.3 I
3
1
211.2
211.2
29.0
115.3 |
143.9 I
1
210.8
210.8
29.1
114.8 |
10
144.4 1
1
211.3 1
17
211.3
29.0
115.4 I
144.0 |
24
1
211.0 |
211.0
29.0 |
115.0 |
144.5 I
1
1
211.6
211.6
29.0
U5.5 |
145.1 |
8
29.1
116.0 I
1
212.0
212.0
145.1 I
15
212.1
29.0
1
212.1
116.2 \
144.8 |
22
29.0 I
115.7 |
211.8
\
211.8
144.8 |
29|
211.9
1
211.9 |
115.8 |
29.0
144.7 |
5
211.7
115.6 I
I
211.7 \
29.0
144.7 I
211.7
29.1
115.6 |
12
1
211.7
144.4 1
19
115.3 |
29.1
1
211.3
211.3
26
1
211.4
211.4
144.3 1
29.0
115.3 I
144.6 I
2
211.8
1
211.8
29.0
115.6 I
9
29.1
211.3 |
115.1 1
144.2 1
I
211.3
144.4 |
16
1
211.7
211.7
29.0
115.4 |
143.8 J
23
29.0
114.8 I
1
211.0
211.0
144.2 I
1
211.5
28.9
30
211.5
115.3 I
144.4 |
7
115.3 !
211.6
1
211.6
29.0
14
?9.0
144.4 1
1
211.5
211.5
115.4 1
143.6 1
21
210.7 |
29.0 i
1
210.7
114.6 |
28
28.9
114.3 |
143.3 1
210.5
1
210.5
114.6 |
143.5 1
41
210.9
28.9
1
210.9
114.7 |
143.6 1
11
1
211.1
28.9
211.1 i
*8
28.9
114.9 |
143.7 |
1
211.2
211.2
25 1
28.8 1
114.7 |
143.6 |
211.2
1
211.2
143.7 1
2
211.3
28.9
114.8 |
1
211.3
9
143.5 |
1
211.1 1
114.6 |
211.1
29.0
16
143.7 |
211.2 !
28.9
114.8 |
i
211.2 |
23
142.9 I
28.9
I
210.5
210.5 I
114.0 1
30
143.5 |
210.2 I
1
210.2
29.0
114.5 I

INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PKJOR TO 1967.




^ I I M I I A N Q I S A vlMaL-Q££DSiI

_ _

JL

f
OTHER
1
I TIME DEPS1

TOTAL

I

11
1
1
I
1
1
1
1
1
1
I
1
I
1
f
1
1
1
I
1
1
I
j
I
I
1
1
»
1
1
1
1
!
!
1
1
1
1
1
1
1
1
1
1
!
1
1
1
1
1
1
1

66.1
66.3
66.2
66.2
66.1
66.0
66.0
66.1
66.1
66.1
66.1
66.1
66.4
66.4
66.6
66.6
66.3
66.5
66.6
66.6
66.8
66.8
66.9
66.9
67.0
67.1
66.9
67.0
67.1
67.1
67.0
67.0
66.9
67.1
67.2
67.1
67.2
67.3
67.3
67.2
67.2
67.1
67.3
67.4
67.5
67.4
67.6
67.6
67.6
67.5
67.6
66.7

i|
1
I
|
|
f
i
|
I
I
I
|
|
I
|
|
|
|
|
|
|
|
|
[
|
|
|
1
|
I
I
|
I
I
|
|
1
I
1
I
1
|
|
|
1
|
I
1
I
!
I
|

SAVINGS 1

i
1
\
1
1
1
1
\
1
!
1
1
1
1
|
|
1
I
1
|
1
I
1
1
1
1
1
I
1
1
1
1
1
1
1
1
1
f
1
1
I
1
I
1
1
1
1
1
1
I
1
1
t

.

i
66.1
66.3
66.2
66.2
66.1
66.0
66.0
66.1
66.1
66.1
66.1
66.1
66.4
66.4
66.6
66.6
66.8
66.5
66.6
66.6
66.8
66.8
66.9
66.9
67.0
67.1
66.9
67.0
67.1
67.1
67.0
67.0
66.9
67.J
67.2
67.1
67.2
67.3
67.3
67.2
67.2
67.1
67.3
67.4
67.5
67.4
67.6
67.6
67.6
67.5
67.6
66.7

I
1
|
I
I
I
|
I
f
1
\
I
I
f
|
I
|
I
|
j
|
|
I
|
1
|
I
I
1
|
|
|
|
|
I
|
I
|
|
|
|
|
|
1
!
|
|
I
I
|
t
|

TABLE 4
10NEY

STOCK MEASURES, COMPONENTS, AND RELATED
SEASONALLY ADJUSTED. B i l l IONS OF HOLLARS
M4
1
M2
J
L
DEMAND
I
M2 PLUS
M i PLUS
CURRENCY
LARGE
DEPOSITS 1
TIME
EXCEPT
1
NEGOTI-

1960

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC

6 I
13
20
27
3
10
17
24
2
9
16
23
30
6
13
20
27
4
11 I
18 1
25
1I
8
15
22 1
29
6
13
20
27
3
10
17|
24
31
7
14
21
28
5
12
19
26
2
9
16
23 1
30
7
14
21
28

Ml
1
H\ ±
J
DEMAND
I
Ml PLUS 1
1
DEPOSITS I
SAV I N G
PLUS
\ AT C BS a 1
CURRENCY L_f;HK__ 3EPS. -LLARSE-SOSJLABL£..CDS-J
210.9
1
210.9
143.3 I
I
210.8
210.8
143.4 I
210.6 |
1
210.6 l
143.3 |
1
210.2
210.2
143.0 |
210.1
I
210.1
143.1 |
I
209.8
209.8
142.9 |
f
209.9 |
209.9
143.1 |
|
209.6
209.6
142.7 |
I
209.9
209.9
143.1 I
I
209.8
142.9 |
209.8
209.9
1
209.9
143.1 1
209.6
142.6 !
I
209.6
I
209.9
142,7 |
209.9
209.7
142.5 I
1
209.7
142.7 |
210.0
1
210.0
210.8
I
210.8
143.4 I
|
210.6
210.6
143.1 |
I
210.4
210.4
142.9 I
I
210.2
210.2
142.8 I
210.1
1
210.1
142.7 I
I
210.0
210.0
142.5 !
210.1
1
210.1
142.$ I
I
209.9
209.9
142.4 I
142.7 I
1
210.4
210.4 1
210.8
142.9 I
I
210.8
1
211.4
143.1 [
211.4
142.8 |
211.2
1
211.2
1
211.8
143.2 |
211.8
143.7 |
212.3
I
212.3
I
212.6
212.6
143.8 |
143.8 |
212.9
1
212.9
213.0
1
213.0
143.8 |
143.9 I
I
213.4
213.4
213.9
144.0 I
1
213.9
1
214.0
144.1 |
214.0
1
214.2
144.2 1
214.2
I
214.7
144.4 |
214.7
144.9 !
1
215.4
215.4
I
214.7
214.7
144.0 I
143.9 |
1
214.8
214.8
215.0
1
215.0
144.1 |
144.4 !
215.5
1
215.5
1
215.9
215.9
144.5 I
144.5 I
1
216.2
216.2
216.3 j
1
216.3
144.2 1
216.5
1
216.5
144.3 I
216.4
144.0 I
1
216.4
1
216.7
216.7
144.1 |
216.9
I
216.9
144.1 !
217.2
I
217.2
144.3 I
217.5
1
217.5
144.6 I
216.8
|
216.8
143.8 |

* INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1967.



297(T"

_ _ _ ^

28.9
28.9
28.9
28.9
29.0
28.9
29.0
28.9
29.0
29.0
29.0
28.9
29.0
29.0
29.0
29.0
28.9
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0 |
29.0
29.0
29.0
29.0
29.0
29.0
29.0
28.9
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
28.9
29.0
29.0
29.0
29.0 I

114,5
114.4
114.1
114.1
114.0
114.2
113.7
114.1
113.9
114.1
113.6
113.8
113.5
113.7
114.4
114.2
113.9
113.8
113.8
113.5
113.5
113.3
113.7
113,8
114.2
113.8
114.2
114.7
114.8
114.9
114.8
114.9
115.0
115.2
115.2
115.4
115.8
115.0
114.9
115.0
115.4
115.5
115.6
115.2
115.3
115.0
115.2
115.1
115.3
115.6
114.3

I
|
|
|
I
1
|
|
|
|
I
|
I
|
|
I
|
I
1
|
1
\
|
|
I
|
I
|
I
1
I
I
|
1
1
|
|
I
|
|
|
|
1
I
1
I
!
I
1
|
1

ITEMS

_
CD S

TjftE

AND

SAVING

I
OTHER* |
I T I M E DEPS!
|
|
1
1
I
I
I
|
|
I
t
I
1
I
1
1
|
I
f
|
1
1
1
I
1
I
I
I
I
I
\
1
1
I
I
I
I
!
I
I
!
1
1
I
1
!
1
1
I
1
!
\

6776 |
67.4 |
67.3 |
67.3 |
67.1 |
66.9 |
66.8 |
66.9 1
66.8 |
66.8 |
66.8 |
67.0 |
67.2 I
67.2 I
67.4 |
67.4 |
67.4 |
67.5 |
67.4 I
67.4 |
67.5 |
67.6 I
67.6 I
67.8 |
68.0 |
68.2 |
68.4 |
68.6 |
68.6 |
68.8 |
69.1 |
69.2 |
69.5 |
69.8 |
69.9 j
70.0 |
70.3 I
70.5 |
70.6 |
70.8 I
71.0 !
71.2 1
71.4 |
71.7 !
72.1 |
72.2 |
72.3 1
72.6 f
72.8 I
72.9 f
72.9 |
72.9 !

rosjpsu -^ i

SAVINGS

~~

1

1
|
I
1
1
I
I
I
I
I
I
|
1
1
1
1
I
I
|
t
I
■I
I
!
f
I
I
I
1
!
!
1
1
1
1
I
I
1
I
1
1
1
1
1
1
1
1
1
1
1
1
I

TOTAL

67.6
67.4
67.3
67.3
67.1
66.9
66.8
66.9
66.8
66.8
66.8
67.0
67.2
67.2
67.4
67,4
67.4
67.5
67.4
67.4
67.5
67.6
67.6
67.8
68.0
68.2
68,4
68.6
68.6
68.8
69.1
69.2
69.5
69.8
69.9
70.0
70.3
70.5
70.6
70.8
7U0
71.2
71.4
71.7
72.1
72.2
72.3
72.6
72.8
72.9
72.9
72.9

|

I
|
I
I
I
|
1
1
1
t
\
|
I
1
\
|
|
1
|
1
|
\
\
|
I
|
|
|
1
|
I
I
1
f
I
1
|
\
1
|
I
1
!
1
I
1
1
1
|
I
|
|

5L

1961 JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
MOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
V

4
11
18
25
1
8
15
22
1
8
15
22
29
5
12
19
26
3
10
17
24
31
7
14
21 1
28
5
12
19
26 1
2
9
16
23
30
6
13
20
27
4|
11
18
25
1
8
15
22
29
6
13
20
27 1

1

DEMAND I
DEPOSITS I
PLUS
|
CURftfNCY 1
144.0 I
144.0 |
144.3 1
144.7 |
144.8 |
144.7 !
144.9 I
144.8 I
144.9 |
144.8 |
145.0 I
145.6 |
145.6 |
145.4 |
145.5 1
145.5 |
145.6 1
145.o I
145.9 I
146.1 !
146.2 |
146.3 1
146.3 1
146.6 I
146.6 I
146.2 1
146.4 I
146.5 I
146.5 1
146.5 |
146.6 |
146.5 I
147.0 |
146.8 |
146.9 1
147.0 1
147.2 |
147.7 1
147.4 I
147.4 |
147.4 |
147.9 |
147.9 |
148.1 |
148.1 |
148.7 |
148.5 f
148.5 1
148*4 |
148.4 |
148.9 |
148.6 |

MONEY STOCK MEASURES, COMPONENTS, AND RELATED ITEMS
S£ASDNALLY_ADJU5I£ELi._BlLLlQNS.-il£-.DDLLAfiS_.^
"TIME AND SAVINGS DEPOSIT
tti
Mi±
.
1
HZ i
DEMAND
M2 PLUS
Ml PLUS I Ml PLUS
1 !7ZI—II
SAVINGS |
OTHER*
CDS
DEPOSITS
CURRENCY
LARGE
TIME
SAV ING 1
TOTAL I
TIME DEPS'
NEGOTIAT C BS a | EXCEPT
1
CHK PEPS.J LAfiGE £DSI1ftBLECDS i
L
,-JL-—._
I
2879"
216.5 1
1
216.4
72.5 !
o7o~"
TIFT"
72T4~1
I
73.6 1
73.6 |
0.1 1
115.0 1
29.0 1
217.6
1
217.6
1
73.7 |
115.4
28.9
218.0
1
217.9
73.8 1
0.1
1
74.0 I
73.8 |
115.8
28.9
218.6 I
!
218.5
0.1
1
74,1 f
74.0 I
0.2
115.9
28.9
218.9
1
218.7
1
74.7 |
74.5
115.7
29.0
219.4
1
219.2
0.2
I
74.8 |
74.6 |
0,3
115.9 1
28.9
219.7
I
219.5
1
75,0 |
74.7 1
0.3
115.9
28.9
219.8
1
219.5
1
75.1 f
74.8 1
0.3
116.1
28.8
220.0
I
219.6
1
75.1 |
74,7 |
0.4
115.9 1
29.0
219.9 I
1
219.5 I
1
75.3 f
74.8
0.4
116.2
28.9
220.3
1
219.9
I
75.3 |
74.8
0.5 I
116.7
29.0
220.9
1
220.4
I
75.6 |
75.1 !
0.5
116.7
28.9
221.2 1
1
220.7
1
75,8 |
75.3 \
0.5
116.4
28.9
221.2
1
220.6
\
76.2 1
75.6
0.6
116.7
28.9
221.7 I
!
221.1
1
76.3 |
75.7 |
0.6
116.6 1
28.9
221.8 I
I
221.2
1
75.8
116.7 1
28.9
222.1
1
221.4 1
0.7
76.5 \
\
76.9 |
76.2
0.7
116.9 1
28.9
222.8
1
222.1 1
1
77.0 !
76.3
116.9 !
29.0
222.9
I
222.2
0.3
1
77.2 I
76.4
0.8
117.2 I
28.9
223.3
1
222.5
1
77.4 |
76.5
0.9
117.3 1
28.9
223.6 1
I
222.7 1
1
76.7
117.4 1
28.9
223.9
I
223.0
77.6 1
0.9 1
1
7 7.7 |
76.8
117.4 1
29.0
224.1 1
I
223.1
1.0 1
!
77.9 f
76.9 |
1.0 1
117.7 !
29.0
224.6 !
1
223.6 1
1
77.1
117.6 1
29.0
224.7 !
I
223.7
78.2 I
1.1 1
1
78.5 |
77.3 |
117.2
29.0
224.6
1
223.5 !
1.1
1
77.7 |
117.5 1
29.0
225.3 I
I
224.1
78.8 !
1.2
1
77.6 t
117.5 1
29.0
225.3 1
I
224.0
78.8 I
1.2
1
77.8
117.5 1
29.0
225.6 !
1
224.3
79.0 1
1.3 1
1
117.5 I
29.0
225.8 1
I
224.5
■
78.0 1
1.3 !
1
79.3 I
117.6
29.0
226.2
1
224.8
78.2
79.6 f
1.4
1
117.4 1
29.1 1
226.3 I
I
224.8
79.7 |
78.3
1.4
1
117.9 1
29.1
226.9 I
1
225.4
79.9 |
78.4
1.5 i
1
78.4 I
117.7
29.2
226.8 I
I
225.2
79.9 |
1.6
1
117.8 1
29.1 1
226.8 1
|
225.2
79.9 1
78.3
1.6
1
117.8 1
29.2
227.1 I
I
225.4
80.1 !
78.4
1.7
r1
78.7
118.0 1
29.2
227.6 1
I
225.9
1.8
80.5 1
80.6 |
78.8 11.8
118.4 1
29.3
228.3 [
I
226.4
1
1.9
118.1
29.2
228.2 1
I
226.3
80.9 |
79.0 1
1
81.0 |
29.3
228.4 1
1
226.4
118.1 1
79.0
2.0
1
79.1 1
118.1 1
29.3
228.6
1
226.5
2.0
81.1 I
1
79.2
118.5 1
29.4
229.2
1
227.1
2.1
81.3 |
1
118.6 1
29.3
229.3 1
1
227.1 1
79.2
81.4 |
2.2
1
79.3
118.7 1
29.3
229.6
i
227.3
2.2
81.5 |
1
118.7
29.4
230.0 i
1
227.7
79.6
2.3
81.9 |
t
79.7
119.3 1
29.3
230.8
1
228.4
2.4
82.1 \
1
80.0
119.1 1
29.5
230.9 1
1
228.5
2.5
82.4 i
1
119.0 1
29.4
231.1 1
I
228.6
80.1
2.5
82.7 t
!
80.1
119.0 1
29.5 1
231.2
1
228.6
2.6
82.7 |
1
118.9
29.5
231.1
1
228.4
2.7
80.0
82.7 f
1
119.4 !
29.5
231.5 1
1
228.8
79.8
82.6 |
2.8
J
118.9 1
29.7
231.7 1
1
228.8
2.9 1
80.2
83.1 I
»

INLOJBES SAVINGS DEPOSITS AT COMMERCIAL BANKS J?BJ0R TO 1 9 6 7 .




TABLE 4
MONEY S T O DC MEASURES, COMPONENTS, AND RELATED ITEMS
TT

-

-

Ml
I

~962~AN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
*UG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC

3*
10
IT
24
31
T
14
21
28 1
7
14
21 !
28
4
11
18
25
21
9!
16 1
23
30 1
6
13
20
2T
4
11
18
25
1
8
15
22
29
5
12
191
26
3
10
IT!
24|
311
T
14
21
28!
5|
12
19i
26!

J

HI±

DEMANO
I Ml PLUS
DEPOSITS 1 SAV ING
PLUS
I AT C BS £
CURRENCY 1 CHK PEPS
149.2 I
149.0 |
148.9 |
148.8 |
148.9 |
148.9 !
149.0 I
149.0 |
149.2 1
149.5 |
149.5 |
149.8 I
149.2 I
149.5 f
149.7 |
149.9 I
149.8 I
149.8 f
150.0 1
150.2 I
149.7 |
149.6 I
150.0 |
149.9 |
150.1 |
149.6 |
149.7 |
149.8 |
149.8 I
149.6 |
149.7 I
149.7 |
149.7 |
149.3 1
149.3 I
149.2 I
149.4 |
149.3 |
149.3 1
149.9 I
149.6 |
149.9 |
149.9 I
150.2 I
150.3 I
150.5 |.
150.6 I
150.7 |
150.5 |
150.6 1
150.8 I
151.1 I

:

1

—.SEASONALLY APaUSIEDi BILLIONS QF D Q L L A R S _ —
J
Hk J
JAZ J1
.

DEMAND
M2 PLUS
| Ml PLUS
CURRENCY
DEPOSITS
LARGE
I
TIME
NEGOTI-.
1 EXCEPT
1 LARGE CDSJ ABLE QPS J
L
..
I
227.5
230.4
119.6
29.6
29.7
119.3
232.6 I
1
229.6
29.7
I
230.2
233.2
119.3
119.1
29.7
I
230.6
233.6
29.6
233.9
|
230.8
119.3
29.7
1
231.1
119.2
234.2
|
231.6
29.7
119.3
234.8
|
232.0
119.2 1
29.7
235.2
29.7
235.8
I
232.5
119.5
1
233.2 1
119.7 1
29.8
236.5
119.7
29.8
236.6
1
233.3
29.9
119.9
1
234.1
237.4
119.4
29.9
1
233.9
237.3
I
234.3
29.9
237.8 1
119.6 1
119.7
I
234.9
30.0
238.5
I
235.4 1
119.9
30.0
238.9
119.8
1
235.6
30.0
239.2
I
235.3 1
29.9
239.0 1
119.3 !
1
235.6
119.9 1
30.0
239.3
I
235.9 !
30.0
239.6
120.2 1
1
235.6
239.4
30.0
119.6 1
30.0
239.4 I
1
235.6
119.6 1
1
236.2 !
30.1
119.9
240.2
30.1
240.5 1
1
236.6 1
119.8 1
I
236.9
240.9
30.1
120.0
I
236.5 1
119.5
30.1
240.6
|
236.3
30.1
240.9
119.7 1
I
237.1
119.7 1
30.1
241.3
I
237.2
241.5
30.1
119.6
I
237.1
241.4
119.4
30.1
I
237.2
241.6
30.1
119.6
1
237.5
242.0 1
30.3
119.5
I
237.8
119.5
242.3
30.2
I
237.4
242.0
119.0
30.3
30.3
242.2
1
237.6
119.1
i
237.7
242.4
119.0
30.2
242.7
1
238,0
30.2 !
119.2
1
237.9
242.8
30.2
119.1
I
238.3
119.0
30.2 !
243.2
I
239.3
30.3
244.2
119.6 !
1
239.2
119.2
30.3
244.3
I
239.7
244.8
119.5
30.3
1
239.8
119.6
245.0
30.3
1
240.4
119.9 1
30.3
245.6
1
241.0
246.3
119.8
30.4 !
120.0 1
30.5
246.7
1
241.3
I
241.5
30.5
247.0
120.1
30.5
247.5
1
241.9
120.2 1
1
241.7
30.4
247.3
120.1
30.6
1
242.0
120.0
247.6
I
242.7
30.6
248.4
120.3 1
249.4
I
243.7
120.5 I
30.6

* INCLUDES SAVINGS DEPOSITS AT CQM^EECIAL BANKS FRIO* TO 1 9 6 7 .



"TIME..AND,./SAVINGS D E P O S I T '~
1

J[

„

OTHER*
TIME DEPS

CDS

.__.

2.9 |
2.9
3.0
3.0
3.1
3.1
3.1
3.2
3.2
3.3
3.3
3.4
3.4
3.5 1
3.5
3.6 i
3.6
3.7
3.7
3.8
3.3
3.9 1
3.o
4.0
4.0
4.1
4.1
4.2
4.3
4.3
4.4
4.4
4.5
4.6
4.6 .
4.7 !
4.9
4.3 i
4.9 *
4.9
5.0
5.1
5.2 ' 1
5.2
5.3
5.4 I
5.4
5.5
5.6
5.6 1
5.7
5.3 1

L
7875""" ^
80.7
81.3 !
81.9
81.9
82.2
82.6
83.0
83.3
83.7
83.8
84.3
84.7
84.8
85.2 I
85.4
85.8
85.6 1
85.6 1
85.7
86.0
86.0 1
86.3
86.6
86.8
86.9
87.1
87.3 1
87.5
87.5 1
87.5
87.8 i
88.0 i
88.1 i
88.3 i
88.5 i
88.5 i
88.7 i
89.0 I
89.4 i
89.6 i
89.8 i
89.9 i
90.2 I
90.7 r
90.8 i
90.9 i
91.2 i
91.2 i
91.4 i
91.9
92.6 i

SAVINGS A

I

TOTAL

1
i

1
J.
\

1

t
1
1
1
1
\
\
1
1
»

1
J
1
1
1
1
1
1
1
J
1
1
1
1
1
1
1
1

ii

i
i
i
i
i
j
t
f
;i
i
*i
i
I
i
i
r
i
i
i
i
i

I

81.2
83.6
84.3
84.9
85.0
85.3
85.7
86.2
86.5
87.0
87.2
87.7
88.1
88.3
88.7
89.0
89.4
89.2
89.3
89.4
89.8
89.9
90.2
90.6
90.9
91.0
91.2
91.5
91.7
91.8
91.9
92.2
92.5
92.7
92.9
93.2
93.3
93.5
93.9
94.3
94.7
94.P
95.1
95.4
96.0
96.2
96.4
S6.7
96.8
97.0
97.6
98.3

|
I
1
|
I
i
|
1
1
I
I
|
I
I
f
I
I
!
I
1
1
1
1
I
I
|
I
I
|
1
I
!
|
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f
1
I
|
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|
|
|
I
|
|
1
I
|
I
1
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!

TABLE 4
STOCK MEASURES, COMPONENTS, AND RELATED ITEMS
S£MI}NALLX^AJDLiiJSI£ax-fiIlJLIQNS.J£.DaLLABS
.J__
M2
L
214
1
1
!!1t
1
M2 PLUS
DEMAND
Ml PLUS I ""Ml PLUS
CURRENCY
LARGE
CDS
DEPOSITS
I
TIME
SAV I N G
NEGOTIEXCEPT
AT C BS 6 1
PftK QEPS, LMPfiE CD^J 1 AflLE CDS
L_
,
"loTiT"
I
244.2
250.0
5.8
liiTi
30.7
120.5
250.1
5.9
1
244.2
30.6 |
I
244.8
5.9
250.8
121.1
30.7 |
120.8
6.0
1
244.8
250.8
30.7
250.8
120.6
I
244.8
6.1
120.9
30.8
251.5
1
245.3 1
$.1
30.8
251.9
121.0
6.2
1
245.8 1
30.8
121.0
6.2
252.4
I
246.2
30.9
252.6
6.3
120.8
\
246.3 1
6.4
31.0
121.2
253.2
I
246.8 1
31.0
253.5
6.4
121.2
1
247.0
6.5
121.5 |
31.0
254.0
1
247.5 1
31.0
253.9
6.6
121.1
1
247.3
6.6
31.1
254.3
!
247.7 1
121.2
31.2
6.7
121.1
254.6
I
247.9
31.2
255.6
121.8
6.8
!
248.9
6.8
121.6
31.1 |
255.9
1
249.0 I
121.9
31.1
6.9
256.2
1
249.3 1
31.3
121.8
256.5
7.0
1
249.6
122.3
31.3
257.3
7.0
I
250.3 !
31.4 I
122.0
7.1
257.3
1
250.1 1
122.4
31.3
257.7 |
7.2
1
250.5 1
122.4
31.4 |
7.3
I
251.0 1
258.2
122.5
31.5
258.6
7.3
I
251.3 I
31.5
7.4
258.9
122.6
I
251.5 I
31.5
122.2
258.8 |
7.5
I
251.3 I
31.6 1
122.9
7.5
259.7 1
1
252.2 1
31.6
122.6
7.6
I
251.9 1
259.5 I
31.5
123.2
I
252.8 1
260.5 1
7.7
31.6
123.2
1
253.1 1
260.9
7.8
123.1
?1.6
7.9
261.0
I
253.2 1
123.1
31.8
7.9
1
253.6 1
261.5 I
31.8
123.1
I
253.7 1
261.7 I
8.0
122.7
31.8
1
253.6 1
8.1
261.7 !
31.8 1
122.3
261.9 I
1
253.7 1
8.2
31.9
I
254.6 I
123.1
262.8 I
8.3
31.9
1
254.9 I
123.2 1
263.2 I
8.3
31.9 1
123.4 1
263.6 1
f
255.2 I
8.4
31.9
122.9 1
1
254.7 1
8.5
263.2 1
31.9
264.2 I
123.3 I
1
255.6 1
8.6
32.1 1
123.5 1
264.6 I
8.7
1
255.9 1
32.0 1
123.9
265.1 I
8.8
1
256.4 I
32.1 1
265.5 I
8.9
123.8
1
256.6 I
123.9 1
32.1
266.1 I
9.0
!
257.2 1
32.2 1
124.7
1
258.4 i
267.5 I
9.0
32.3 1
124.6 1
267.8 |
1
258.7 1
9.1
32.2 1
124.7 I
268.4 |
1
259.2 1
9.2
32.3
124.5 I
268.4 |
1
259.0 1
9.3
32.5 1
268.6 I
124.7
1
259.2 1
9.4
32.5
124.1 1
268.0 |
1
258.5 1
9.5
32.4
I
258.4 1
268.0 I
124*2 !
9.6
32.5 1
1
258.1 1
123.8 1
267.8 I
9.7
MONEY

M l _ l
1

l«63

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
*EB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
J UN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUQ
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC

2
9
16
23
30
6
13
20 1
27
6
13
20
27!
3
10
17
24
1
8
15
22
29 1
5
12
19
26
3
10
17
24
31
7
14 1
21
28
4
11
18
25 1
2
9 1
16
23
30
61
13 1
20 !
27 !
4
11
18
25 1

DEMAND
DEPOSITS
PLUS
CMftENCY
151.6
151.2
151.7
151.5
151.3
151.7
151.8
151.9
151.7
152.2
152.2
152.5
152.1
152.3
152.3
152.9
152.7
153.1
153.1
153.6
153.3
153.7
153.8
153.9
154.1
153.7
154.5
154.2
154.7
154.8
154.7
154.9
154.9
154.6
154.6
155.0
155.1
155.3
154.8
155.2
155.6
155.9
155.9
156.0
156.9
156.9
157.0
156.7
157.1
156.6
156.6
156.3

|
1
|
1
I
|
I
I
|
|
|
I
|
|
1
1
!
1
!
|
I
|
|
|
|
I
|
|
|
I
|
I
|
|
f
|
|
!
I
I
I
|
I
|
I
I
|
I
1
|
|
I
|
I
I
I

INCLUDES SAVINGS fiEPOSITS AT COMMERCIAL BANKS PRIOR TO 1 9 6 7 .




"jL3£-^Nn-.SAviNas_QEPDsii_:

1

OTHER* |
T I M E DEPS|

iL _

1
I
i
!
!

1
|
I

|

1

1

1
1
1
1
1
i
i
I
1
I
1
1
1
|
1
1
!
I

92.6
93.0
93.2
93.2
93.5
93.6
94.0
94.3
94.7
94.6
94.9
95.0
95.2
95.4
95.6
95.9
96.3
96.3
96.4
96.7
96.8
96.8
97.2
97.3
97.4
97.6
97.7
97.7
98.0
98.4
98.5
98.7
98.8
99.0
99.1
99.6
99.8
99.9
99.8
100.4
100.4
100.4
100.7
101.2
101,5
101.8
102.2
102.3
102.1
101.9
101.8
101.8

|
1:
I
I
1
t
f
1
1
1
1

1
1
1

1
I

1

SAVINGS

I
1

, , 1
!
I
t
|
1
1
1
1
1
1
1

1
1

1

1

1
t

1
1

r

i
i
i
1
t
I
I
i
i
i
i
i
!
1
1
1
1
1
1
1
i
1
1
1
1

i1

t
I
1
1

l

1

!
1
\
1
1
1
1.
11
1
1
1
1
1
j
1
1
1
1
1
1.
1
\
1
1
1
1
1
I
1
1

TOTAL

I

L
98.4
98.9
99.1
99.2
99.5
99.7
100.1
100.5
101.0
101.0
101.3
101.5
101.8
102.0
102.3
102.7
103.1
103.2
103.4
103.7
103.9
104.0
104.4
*04.7
104.8
105.1
105.2
105.3
105.8
106.1
106.3
106.6
106.9
107.1
1Q7.3
107.9
108.1
108.3
108.4
109.0
109.1
109.2
109.6
110.2
110.6
110.9
111.4
111.6
111.5
U U 4
111.4
111.5

I
|
|
I
I
|
|
|
t
I
|
I
1
I
1
I
I
1
|
I
1
!
|
|
|
|
1
I
|
|
|
|
|
|
|
|
|
|
|
1
\
|
I
f
|
I
|
|
|
|
|
1

TABLE

„

Ml_
DEMAND
DEPOSITS
PLUS

I,

til+
|
M l PLUS
1
SAV I N G
I AT C BS £

MONEY STOCK MEASURES, COMPONENTS, AND RELATED
SEASONALLY ADJUSTED. B I L L I O N S OF DOLLARS
1
M2
1
614
1
1
DEMAND
M2 PLUS I
I
M l PLUS
CURRENCY
DEPOSITS
LARGE
f
TIME
NEGOTI- !
1
EXCEPT

LCHRREMCX-l CHK DEES 1. LARGE...£DSJLABLE CQS-J
1 9 6 4 JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
J UN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC

1
8

15
22
29
5
12
19
26
4
11
18
25
1
8
15
22
29
6
13
20
27
3
10
17
24
1
8
15
22
29
51
12 1
1Q
26
21
9
16
23
30
71
14
21
28
4 1
11
18 1
25
2
9
16
23
301

156.4
156,5
156.7
157.4
157.1
157.2
157.5
157.4
157.2
157.3
157.5
158.0
157.7
158.1
157.9
157.8
158.3
158.0
158.7
158.9
159.1
159.0
159.5
158.9
159.7
159.5
159.8
160.2
160.5
160.9
160.8,
161.0
161.3
161.4
161.5
162.0
162.0
162.6
162.3
162.1
162.7
162.8
163.0
163.0
163.4
163.6
163.9
163.4
163.9
163.5
164.0
163.7
163.4

I
|
|
I
I
!
|
|
I
I
I
I
|
I
I
I
!
I
|
I
I
I
1
|
|
\
\
I
|
\
|
I
|
|
|
I
I
1
I
I
|
!
I
I
I
1
\
I
\
1
|
|
\

1
1
1
I
I
I
I
1
I
1
I
1
I
I
I
1
1
I
1
1
I
I
!
I
1
I
1
I
I
I
I
I
I
1
I
1
I
1
!
1
I
1
1
I
I
I
1
!
1
I
1
1
1

258.9
259.4
259.7
260.2
259.9
260.3
260.9
261.3
261.2
261.4
261.6
262.3
262.1
262.7
262.7
262.8
263.4
263.3
264.1
264.5
264.9
265.1
265.8
265.5
266.6
266.6
267.1
267.7
268.1
268.6
268.7
269.2
269.7
270.0
270.3
271.1
271.4
272.3
272.2
272.3
273.0
273.4
273.7
274.0
274.7
275.3
275.8
275.5
276.4
276.3
277.3
277.4
277.2

1

1

1
1
I
1
1

I
1
1

1
1
1
1
1
I
1

I
1
1
1

269.0
269.7
270.2
270.6
270.5
271.0
271.6
272.2
272.1
272.3
272.5
273.4
273.1
273.8
273.7
274.0
274.7
274.7
275.7
276.1
276.6
276.9
277.7
277.6
278.8
278.6
279.0
279.7
2 80.1
280.7
280.8
281.3
281.7
282.1
282.4
283.3
283.7
284.9
284.6
284,7
285.6
286.1
286.6
287.0
287.8
288.4
289.0
288.7
289.4
289.0
290.2
290.1
290.1


* INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1967.


|
1

|
1

1

1

1

_. L_„

32.4
32.5
32.5
32.7
32.6
32.6
32.7
32.7
32.7
32.7
32.9
32.9
32.9
33.0
33.0
33.0
33.1
33.1
33.2
33.3
33.3
33.3
33.4
33.5
33.4
33.5
33.4
33.6
33.6
33.7
33.6
33.7
33.7
33.7
33.8
33.7
34.0
33.9
33.9
33.8
34.0
34.0
34.1
34.0
34.1
34.2
34.2
34.1
34.2
34.3
34.2
34.3
34.5

|

I
|
|
I

I
|

124.1
124.0
124.2
124.8
124.5
124.6
124.8
124.7
124.5
124.5
124.6
125.1
124.8
125.2
124.9
124.8
125.2
124.9
125.5
125.6
125.8
125.7
126.1
125.5
126.3
126.0
126.3
126.6
127.0
127.2
127.2
127.4
127.6
127.6
127.7
128.3
128.0
128.7
128.3
128.?
128.7
128.8
128.9
129.0
129.3
129.5
129.8
129.2
129.7
129.2
129.9
129.5
128.9

ITEMS
"TlflEJWQ_SAVINGS

1
1

CDS

OTHEFfc
T I M E DEPSj

L

.

1
I
1

10.2
10.4
10.4
10.5
10.6
10.7
10.8
10.8
10.9
10.9
10.9
11.1
11.0
11.1
11.0
11.2
11.3
11.4
11.6
11.6
11.7
11.9
12.0
12.0
12.2
11.o

1

J1.9

1
1
!

12.0
12.1
12.1
12.1
12.1
12.1
12.1
12.2
12.2
12.3
12.5
12.3
12.4
12.6
12.8
12.9
13.0
13.2
13.1
13.2
13.1
13.0
12.7
12.9
12.7
12.9

1

1
1

I
I
I
1
1
1
1
1
1
1
1
1
1
1
I
1
1

I
|
1
i
1

1
1
1
I

1
I
1
1

I
1

102.4
102.8
103.0
f02.7
102.8
103.1
103.4
103.9
104.0
104.1
104.1
104.3
104.4
104.6
104.8
105.0
105.1
105.3
105.4
105.6
105.8
106.1
106.3
106.6
106.9
107.2
107.4
107.5
107.5
107.7
107.9
108.1
108.3
108.6
108.8
109.1
109.4
109.7
110.0
110.1
110.3
110.5
110.7
111.0
111.3
111.7
111.9
112.2
112.5
112.8
113.3
113.6
113.9

JL_
1
1
1
1
1
1
1
1
1
1

1

1
1
1
1
1
1
1

ir
»
i
i
«
i
i
i
i
!
1
I
1
I
1
1
1
1
1
1
1
1
1
1
1

1

I
1
1
I
1
1
1
1

DEPOSIT"

1
SAVINQS I
I
,
L
I
I
I
1
1
t
1
1
1
1
1
1
!
1
1
1
f
1
1
1
J
1
1
f
1
1
1
1
1
!
1
1
I
1
1
1
1
1
1
1
t
\

1

1
1
!

ir
!

J

1
1
f

TOTAL

I

~~Tl 176 |
113.2
113.4
113.2
113.4
113.8
114.2
114.8
114.9
115.0
115.0
115.4
115.4
115.7
115.8
116.2
116.3
116.7
116.9
117.2
117.5
117.9
118.3
118.6
119.1
119.1
119.3
119.5
119.6
119.8
120.0
120.3
120.4
120.7
121.0
121.3
121.7
122.3
122.3
122.6
122.9
123.3
123.6
124.0
124.5
124.8
125.1
125.3
125.5
125.5
126.1
126.3
126.7

1
I
1
I
|
|
|
|
1
\
|
I
|
|
1
I
I
I
I
|
|
I
J
|:
|
f
J
\
1
|
I
|
1
I
1
f
|
f
I
|
I
I
|
|
|
I
|
f
\
!
1
|

STOCK MEASURES, COMPONENTSi AND RELATED
£ £ A £ O N A L L * _ A n i i i £ ] : £ 0 L - . E L L L L 1 U ! ! &_DE_DQLLAf >S
i
C4Z
1
M4
J
Ml
1
H I±
J
" ~:
DEMAND
M2 PLUS 1
M l PLUS
DEMAND
I
Ml P L U S |
CURRENCY
DEPOSITS
LARGE
DEPOSITS |
SAV I N G
1
TIME
NEGOTIEXCEPT
PLUS
I AT C BS £ |
L_Cll£SEN£Y_.L£fci£_ Q £ £ $ _ l _ L A f i £ £ _ £ 1 2 S . L_MJL£^£I&_JL
34.4
292.1
1
278.6
130.1
164.5 |
6
34.4
292.2
163.9 |
I
278.4
13
129.5
34.4
293.0 |
129.7
164.1 |
I
279.0
20
293.4
34.5
1
279.4
129.6
164.0 I
27
294.3
34.5
130.0
1
280.3
164.5 |
3|
2 94.7
34.6
I
280.8
164.4 |
129.8
10
129.9
34.6
295.2 |
1
281.1
164.4 I
17
295.1
34.6
I
281.0
129.4 1
164.0 |
24
34.6
I
282.5
130.7
296.7 I
165.3 I
3
296.6
34.7
I
282.3
130.2
164.9 I
10
I
283.0
297.4
130.7
34.6
165.3 I
17
296.7
I
282.3
34.7
129.7
24
164.4 1
I
282.9
297.3 |
34.6
164.6 |
130.0
31
|
283.8
298.2
34.8
130.5
165.3 |
7
298.7
I
284.0
34.8
130.6
165.3 \
14
34.9
I
284.5
299.3
165.7 |
130.8
21
34.8
299.1
1
284.2
130.4
165.2 I
28
34.8
299.6 |
130.6
5
1
284.5
165.3 |
300.0
1
284.9
34.8
165.5 I
130.7
12
34.9
299.8 1
1
284.7
165.1 I
19 1
130.2
300.7
165.7 |
34.9
I
285.5
130.8
26
130.9 I
I
286.0
165.9 |
2
301.3
35.0
35.0
|
286.7
302.1
9
131.2 1
166.3 I
1
287.7
166.8 |
16
303.4
35.0
131.8
303.4
|
287.8
35.0
23
131.6 1
166.6 |
303.6
30
1
287.9
166.5 I
131.5 1
35.0
7
35.2
304.1
I
288.4
166.7 |
131.4 1
14
304.8 1
167.1 !
1
289.2
35.2 1
131.9
35.3
305.0 |
I
289.4
131.7
21
167.0 I
131.7 1
35.3 1
1
289.7
305.4
28
167.0 |
35.3
4
306.3
1
290.4
132.0 1
167.3 I
35.4
1
290.8
131.9
306.6
167.3 f
11
35.4
1
131.9 !
1
291.0
167.3 |
306.9
18
35.5
131.8 1
307.3
I
291.3
167.2 |
25
35.4
132.3 1
167.7 |
308.2
1
292.1
1!
35.6
i
132,1 1
308.8
1
292.5
167.7 I
8
35.6
132.9 1
309.9
1
293.7
168.5 I
15
35.7
133.5
310.7
1
294.6
169.3 1
22
35.8
133.0 1
311.0
168.9 I
29
1
294.5
35.9
133.4
311.9
1
295.3 |
6 1
169.3 I
35.9 !
133.5 1
312.8
169.4 |
13
1
296.0 I
36.0
134.0 1
313.7
20 1
169.9 !
1
296.9
36.0
134.1 !
314.3 1
27 1
170.1 I
1
297.5 I
134.4 I
36.0 1
3
315.0
170.4 |
1
298.3 I
134.1 1
36.1
1
298.4 1
315.1
10 !
170.2 |
134.3
36.1
17 1
1
298.9 1
315.6
170.4 !
134.2 1
36.2 1
24 I
315.9
|
299.3 1
170.4 |
134.4 1
36.2 1
1 I
I
299.8 1
170.6 |
316.4
134.6 1
8 !
36.3 1
316.9
I
300.5 1
170.9 |
36.3 1
15 1
135.0 !
317.6
171.3 |
1
301.3 I
36.4 !
135.3
22 1
318.1
I
301.9 !
171.7 |
29 1
36.4 1
135.3 1
318.5 1
171.7 |
I
302.1 1
MONEY

ITEMS

r

1965

*

JAN
JAN
JAN
JAN
FEB
FEB
PEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
J UN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
OEC

INCLUDES SAVINQS DEPOSITS AT CQJWER,Cl^If BAJKS FHWR TO 1 9 6 7 .




JIME^ANP

SAVINGS

DEPOSIT ^

L

.
OTHER* I
TIME DEPSI

CDS

r

L

1

nr?"*
13.8
14.0
14.0
14.1
14.0
14.1
14.1
14.2
14.3
14.4
14.4
14.4
14.4
14.6
14.7
14.8
15.1
15.1
15.1
15.2
15.3
15.4
15.7
15.6
15.6
15.6
15.5
15.6
15.7
15.9
15.9
15.9
16.0
16.1
16.3
16.2
16.1
16.4
16.6
16.8
16.8
16.8
16.8
16.7
16.7
16.7
16.6
16.4
16.4
16.3
16.4

i
|

I
1
I

1

1

|

F

\
\
[

1

I

1
114.2 I
114.6 |
114.9 |
115.4 |
115.8 |
116.4 |
116.7 I
117.0 |
117.2 |
117.4 I
117.7 1
117.9 1
118.2 I
118.5 |
118.7 |
118.8 j
119.0 |
119.2 1
119.4 |
119.6 |
119.8 |
120.1 f
120.5 |
120.9 |
121.1 |
121.4 I
121.8 |
122.2 |
122.4 |
122.6 |
123.0 |
123.4 |
123.7 I
124.0 |
124.4 |
124.8 |
125.2 f
125.3 1
125.7 I
126.0 |
126.6 |
126.9 |
127.4
127.8 I
128.2 |
128.5 |
128.9 |
129.2 1
129.5 |
130.0 |
130.2 |
130.4 j

SAVINGS

1

1

t
1
1
1
i
I
1
1
1
1
j
[
I
1
1
1
I
f
1
t
1
1
1
1
I
I
1
1
1
|
1
I
I
I
1
1
1
1
1
1
1
1
j
1
I
1
1
1
1
1
1
1

TOTAL

127.6
128.3
128.9
129.4
129.9
130.3
130.8
131.1
131.4
131.8
132.1
132.3
132.7
132.9
133.3
133.5
133.9
134.3
134.5
134.8
135.0
135.4
135.8
136.6
136.7
137.0
137.4
137.7
138.0
138.4
138.9
139.3
139.6
140.0
140.5
141.1
141.4
141.4
142.1
142.6
143.3
143.8
144.2
144.6
144.9
145.2
145.5
145.8
145.9
146.4
146.5
146.8

I

1

I
|
|
|
|
|
|
J
|
|
I
1
|
1
I
|
|
!
J
1
f
I
|
|
|
1
|
|
|
1
\
|
I
|
|
|
|
|
|
1
J
|
|
t
|
|
|
I
|
|
1
1

MONEY STOCK MEASURESt COMPONENTS, AND RELATED ITEMS
SFASHNAMY ADJUSTED. B I L L I O N S OF DOLLARS
|
M2
L
M4t
J
J
!
DEMAND
I _.
M2 PLUS
1
Ml PLUS
CURRENCY
LARGE
CDS
DEPOSITS
1
TIME
NEGOTI- |
|
EXCEPT

1966

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC

_JH
|
M l±
DEMAND
I
Ml PLUS
DEPOSITS |
SAV I N G
PLUS
i AT C 3S £
L . g j £ R £ N £ Y - J . £ H J < L DE£S_1_L4BGE-£HSJUABLE CDS.J
319.4
1
302.9
5 i
172.1 I
319.9
172.4 !
I
303.3
12
320.5
172.6 |
19
1
303.9
320.8
26 I
172.8 |
I
304.2
321.5
173.3 |
2
I
304.9
321.7
173.3 |
I
305.2
9
322.2
173.5 |
16
1
305.6
321.7
172.9 |
I
305.2 1
23
173.6 \
322.7
j
306.0
2 I
173.7 |
323.2
|
306.3
9
323.9
I
307.1
174.3 |
16
324.1
I
307.3
23
174.2 1
\
307.0
173.8 I
324.2
30
325.1
|
307.8
6
174.3 I
174.9 |
326.5 |
1
309.0
13
328.1
1
310.4
176.0 |
20
328.6
176.1 |
27
1
311.0
328.6
175.7 f
4
\
310.9
328.9
175.7 |
1
311.2
11
175.5 I
18
329.1
\
311.3
328.9
25
1
311.1
175.1 |
174.7 |
1
311.1
329.0
1
329.8
175.3 I
I
311.9
8
175.5 \
15
329.6
1
311.6
I
313.3
176.9 |
331.1
22
29
329.6
174.9 I
1
311.6
6
330.7
I
312.3
175.3 |
13
330.4
174.6 I
1
312.1
175.1 |
331.1
20
I
312.9 I
27
174.8 |
331.1
1
313.1
331.4
175.0 |
3
1
313.4
1
312.9
330.8
174.3 I
10
17|
I
313.9
175.0 I
331.9
174.9 I
332.0
1
314.1
24
31
175.1 |
»
314.6
332.3
175.7 f
7
332.8
I
315.1
14
175.6 I
333.0
I
315.2
177.2 |
334.7
1
317.0
211
175.5 !
1
315.7
281
333.1
175.7 f
51
I
316.1
333.1
175.3 |
1
315.7
12
332.6
175.5 |
19
332.8
I
316.2 |
26
175.2 1
332.1
1
316.0
332.5
175.3 |
2
1
316.4
174.9 1
9
332.0
!
316.1
332.5
16
1
316.8
175.5 1
175.4 |
332.4
23
1
316.9
175.1 I
I
316.8
30
332.1
332.5
I
317.4
175.4 I
7|
14
175.5 |
1
317.7
333.1
177.1 |
335.1
21
I
319.5
175.5 I
28
334.3
1
318.5

* INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1967.



.

~~3675~
36.6
36.6
36.6
36.7
36.8
36.7
36.8
36.7
36.9
36.9
37.0
36.9
37.1
37.2
37.1
37.1
37.2
37.3
37.3
37.3
37.3
37.4
37.4
37.5
37.4
37.6
37.6
37.6
37.7
37.7
37.8
37.7
37.8
37.7
37.9
37.9
38.0
37.9
37.9
38.0
38.0
38.0
38.0
38.1
38.1
38.2
38.1
38.2
38.3
38.3
38.5

1

135.7 I
135.8
136.0
136.2
136.6
136.6
136.8
136.1
136.8
136.8
137.4
137.2
136.9 I
137.2
137.8
139.0
139.0
138.6
138.4
138.3
137.8
137.4 1
137.9 1
138.1
139.4 \
137.5
137.8
137.1
137.4
137.1
137.3
136.5
137.2
137.1
137.4
137.8
137.7
139.2 1
137.6
137.8
137.3
137.5
137.2
137.3
136.8
137.4 1
137.2
137.0
137.2
137.2
138.8
137.1

'TIME AND SAVING! P f P P S I T
OTHER* I
TIME DEPSI

I

I
16.5
16.6
16.6
16.5
16.6
16.5
16.6
16.6
16.7
16.9
16.8
16.9
17.2
17.4
17.5
17.6
17.6
17.7
17.7
17.8
17.9
17.9
17.9
18.0
17.8
18.0
18.4
18.3
18.2
18.0
18.0
17.9
18.0
17.9
17.8
17.7
17.8
17.6
17.4
17.0
16.8
16.6
16.1
16.1
15.9
15.7
15.5
15.4
15.2
15.4
15.6
15.8

TioTtTi

|
|
|
1
1

|

|

\

130.9
131.2
131.5
131.6
131.9
132.1
132.3
132.4
132.6
132.8
133.1
133.2
133.5
134.1
134.4
134.8
135.2
135.5
135.7
136.0
136.3
136.6
136.1
n6.4
136.7
137.0
137.5
137.9
138.3
138.4
138.6
138.9
139.2
139.5
139.4
139.6
139.8
140.2
140.4
140.4
140.8
140.8
141.1
141.2
141.3
141.5
141.7
141.9
142.1
142.4
143.0

|
1
|
|
|
|
|
|
I
|
I
I
|
|
I
|
»
|
|
|
I
j
f
\
|
|
j
|
|
|
|
|
|
|
f
|
|
1
[
|
|
|
»
|
|
|
|
|
|
|
1

SAVINGS

-

I

-U
1
I
1
|
I
I
|
|
I
|
I
\
1
|
1
|
I
|
j
f
|
t
|
\
\
\
|
\
I
\
t
I
I
I
1
I
1
I
\
1
1
I
1
t
I
1
I
1
1
1
1
1

~ 1
TOTAL

147.3
147.5
147.8
148.0
148.3
148.4
148.7
148.9
149.1
149.4
149.6
149.9
150.4
150.9
151.5
152.0
152.5
152.9
153.2
153.5
153.9
154.3
154.5
154.1
154.2
154.7
155.4
155.8
156.1
156.3
JL56.4
156.5
156.9
157.1
157.2
157*1
157.4
157.4
157.6
157.4
157.3
157.4
156.9
157.2
157.1
157.0
157.0
157.0
157.1
157.6
157.9
158.8

1

1I
f
|
|
I
I
|
I
I
1
I
|
|
\
1
|
I
|
i
\
I
\
I
i
t
J
I
I
I
t
|
|
I
\
f
|
I
|
|
|
\
|
\
|
|
I
!
I
|
f
1
I

TABLE 4
STOCK MEASURES, COMPONENTS, AND RELATED
SEA5>0NAUY ADJUSTED. B I L L I O N S . Q E - D Q L L A f l S
M2
i
M4
J.
DEMAND
|
M2 PLUS
Ml PLUS
DEPOSITS
CURRENCY
LARGE
TIME
NEGOTIEXCEPT
1
LARGE.CDS1 ABLE CDS
137.3
335.3
319.2
136.8
335.7
38.5
4
319.1
137.1
38.5
336.8
319.8
136.9
337.4
38.5
320.0
137.3
38.5
338.7
320.7
137.9
38.7
340.1
321.9
138.4 1
38.7
341.1 1
322.7 I
139.1
38.8
342.3
323.9
38.7
139.0
342.5
324.0 I
38.9
138.8 1
343.2
324.5 !
38.9
139.4 1
344.4
325.4
140.9
39.0
346.5
327.4
39.0
345.5
139.6 1
326.4
38.8
139.9 !
346.2
327.0
38.9
345.9
138.9 1
326.7 I
38.9
346.3
327.2
138.8
39.0
346.3
138.5
327.5
39.1
1
348.0
329.2
139.7 1
39.2
348.6
329.7
139.6 !
39.1
350.5
331.7
141.1
350.7
39.1
140.7 1
331.8
352.0
39.1
332.9
141.4 1
352.8
333.5
141.5
39.2
39.3
354.3
334.7
141.9 1
336.1
355.9
39.3
142.9 1
355.0
335.6
39.3
141.9 1
356.7
337.2
39.3
142.9
357.1
337.6
39.3
143.2
338.5
358.1
39.3
143.6
358.3
338.8
39.3
143.4 1
340.1
359.7
39.3
144.2
340.3
39.5
360.0
143.7 1
341.4
361.2
39.5
144.6 1
341.5
39.6
361.4
144.3
362.0
341.9
39.5
144.5
1
342.9
144.9 1
363.1
39.7
363.8
343.4
39.7
145.1 1
364.3
344.0
39.8
145.3
364.6
344.4
39.8
145.3
365.4
39.8
345.3
145.8 1
39.9
366.0
146.0 I
345.9
366.7
39.9
346.6
146.2
366.8
146.1
40.0
346.7
367.6
39.9
347.4
146.3 1
146.4
40.0
368.1
347.9
368.6
348.3
146.6 !
40.0
146.5
40.2
368.7
348.3
1
146.4 1
369.1
348.6
40.2
349.4
40.2
370.0
147.0
349.5
40.3
370.3
146.8
349.8
40.4
370.5
146.9 I
350.6
40.6
147.0 1
371.2

MONEY

'.
1
j
1967

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
DEC
OEC
DEC
OEC




11
4
18
25
1
8
15
22
11
8
15 1
22
29
5
12
19
26
3
10
17
24
31
7
14
21
28
5
12
19
26
2
9
16

23
30
6
13
20
27

4
11
18
25
1
8
15
22
29
6
13
20
27

*LL
1
Ml±
J
DEMAND
M l PLUS
SAVING
DEPOSITS
AT CBS &
PLUS
CURRENCY J £HK QEPS
264.9
175.7
264.4
175.3
264.7
175.6
264.5
175.4
264.9
175.8
265.7
176.6
266.2
177.2
266.9
177.9
266.7
177.7
266.6
177.8
* 267.1
178.2
179.9
268.8
178.6
267.5
178.7
267.8
267.1
177.8
267.1
177.7
267.1
177.5
178.7
268.4
178.7
268.5
180.2
270.2
179.9
270.0
270.7
180.5
180.7
271.2
271.7
181.2
272.9
182.2
271.9
181.2
182.1
273.2
273.7
182.5
274.4
182.9
274.4
182.7
275.3
183.5
183.3
275.3
276.1
184.0
183.9
276.1
276.}
184.0
277.0
184.6
184.9
277.4
277.6
185.1
185.1
277.8
278.5
185.6
279.0
185.9
279.3
186.1
186.0
279.2
279.5
186.2
279.8
186.5
186.6
280.0
279.9
186.6
279.9
186.6
280.5
187.2
280.4
187.1
280.6
187.3
281.0
187.7

ITEMS

I

llIiJJE-AMLJfcA^lSfiSJDEei]]i l l
CDS

CTHER
TIME DEPS

1
16.1
16.6
17.0
17.4
18.0
18.2
18.5
18.5
18.5
18.7
19.0
19.1
19.2
19.2
19.2
19.1
18.8
18.8
18.8
18.8
18.9
19.1
19.3
19.7
19.7
19.4
19.5
19.4
19.6
19.5
19.6
19.8
19.8
19.9
20.1
20.2
20.4
20.3
20.2
20.1
20.1
20.2
20.1
20.2
20.2
20.3
20.3
20.4
2 0.6
20.7
20.6
20.6

SAVINGS

1
54.3
54.7
55.2
55.6
55.9
56.3
56.5
57.0
57.3
57.9
58.3
58.6
58.9
59.3
59.7
60.1
60.5
60.8
61.3
61.5
61.9
62.3
62.4
63.0
63.3
63.7
64.1
64.0
64.2
64.4
64.8
65.1
65.4
65.5
65.7
65.9
66.1
66.4
66.7
66.9
67.0
67.4
67.6
68.0
68.2
68.4
68.5
68.8
69.0
69.2
69.4
69.7

1

1

1

1

1

i

1

J
89.2
89.1
89.0
89. 0
89.0
89.0
89.0
89.0
88.9
88.8
88.9
88.9
88.9
89.1
89.2
89.4
89.5
89.6
89.7
90.0
90.1
90.1
90.4
90.5
90.6
90.7
91.0
91.2
91.4
91.6
91.7
91.9
92.0
92.1
92.2
92.3

i

92.4
92.5
92.6
92,8
93f0
93.0
93.1
93.2
93.?

93.3
93.2
93.2
93.2
93.2
93.2

1

93.2 J

TOTAL

I

._

L

159.7
160.4
161.2
162.0
162.9
163.5
164.0
164.5
164.7
165.4
166.1
166.6
167.0
167.5
168.1
168.6
168.8
169.3
169.8
170.3
170.9
171.5
172.1
173.2
173.7
173.9
174.6
174.6
175.2
175.6
176.2
176.8
177.2
177.5
178.0
178.4
178.9
179.2
179.5
179.8
180.1
180.6
180.8
181.4
181.6
182.0
182.1
182.5
182.8
183.1
183.2
183.5

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I
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|
|
|
|
|
I
|
I
|
I
I
1
|
I
|
|
I
|
|
|
|
1
|
I
|
I
|
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1
I
1
|
I
I
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I
I
1
|
t
I
1
I

TABLE 4
MONEY STOCK MEASURES, COMPONENTS,r AND RELATED
SEASONAUY ADJUSTED. B I L L I O N S QF DOLLARS

'LZ
MI
\I
I
DEMAND
I

1968

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
J UN
J UN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC




.
1
1 03
17
24
31
7 1
14
21 1
28 !
6
13 1
20
27
3
10
17 I
24
1
8 !
15
22 1
29
5
12
19
26
3
10
17
24
31
7
14
211
28
4
11!
18
25
21
9
161

231
30|
6!
13

201
27|
4
11!
18|
25|

Ml±

L

, M2

1

M

1

ITEMS

1

DEMAND
M l PLUS 1 M2 PLUS
1
M l PLUS I
DEPOSITS
I CURRENCY
!
LARGE
DEPOSITS 1
1
TIME
SAVING
NEGOTIEXCEPT
AT CBS S I
PLUS
CMRftENCV 1 CHK D^PS 1 LAREF CDS i A f t L E _ C P S . ,
1
4 0 . 5 "!
147.2 I
371.4
187.7
350.8
281.3 I
40.6
147.3
371.7
351.3
187.9
281.5
40.6
147.4
372.4
188.1
351.7
281.8 1
147.7
40.7
372.9 1
352.1
188.4 1
282.1 1
40.6
148.1
373.8
353.0
282.5 1
188.7
40.7
147.9
374.0
353.3
188.6 I
282.5 I
148.6
40.8
354.4
189.4
375.1 1
283.3 I
40.8
375.4 1
354.7
148.6
283.4 1
189.4
148.6
40.8
375.8 I
355.0
189.4 !
283.3 I
355.4 i
40.9
376.3
148.6
283.6 1
189.5
377.0 1
356.1 1
189.8
148.8
41.0
283.7 I
41.1
377.3 !
356.4
149.0
283.9 I
190.0
377.6 1
190.3 1
41.1
357.1
149.2
284.2 1
377.7
149.1
190.3 1
41.2
357.3
284.2 1
190.4 1
377.9 1
149.1
41.4
357.6 1
284.3 I
41.4
378.4
190.7
358.1
149.2
284.8 I
378.7 1
191.3 1
358.7 1
149.9
41.4
285.2 1
359.4 i
41.3
379.6 1
191.6
150.3 1
285.5 I
380.4 1
360.3 1
286.5 1
192.3
150.8
41.6
192.7
361.0
286.6 1
151.1
381.0 1
41.5
361.9
381.8 I
193.4
151.7 i
41.7 1
287.3 I
193.7
41.6
382.1 I
287.6 1
152.1
362.2
193,8
362.7
41.7
382.5 1
287.7 1
152.1
384.1 i
195.0
364.3
153.2
289.0 1
41.9
363.7
194.1
152.3
41.8
383.6
288.0 I
194.9
364.6
288.9
153.1
41.8
384.4 1
41.9
194.9
364.9
153.0
385.0 1
289.0 1
194.9
289.1 1
152.9
365.0
385.3
1
42.0
195.5
153.5
366.0
42.0
386.7 1
289.6 1
195.6
366.4
387.5 1
289.8
153.5
42.1
195.9
366.9
153.9
42.0
388.2
290.2
389.6
290.8
154.3
42.2
368.3
196.5
196.3
368.6
290.7
42.3
390.2
154.0
196.7
391.2
369.5
154.3
42.4
291.2
370.5
291.7
197.1
154.7
42.4
392.2
392.9
154.8
197.3
42.5
371.2
291.8
154.9
371.8
197.5
42.6
393.6
292.2
197.4 i
394.1
154.8
292.1
42.6 J
372.0 I
292.7
198.0 !
373.1
42.6
395.3
155.3 1
42.7
198.5 I
396.3
373.9
293.3
155.8
198.6
374.6
293.4
155.7
397.1
42.8
198.9 1
42.7 |
293.8
156.2
398.0
375.3
199.2 I
399.0
376.2
294.2
156.3
42.8
199.4
156.6
376.9
294.5
399.8
42.8 I
401.1
200.1
157.1
43.1
378.2
295.2
200.4 !
295.5
401.9
157.2
43.1
379.0 !
157.8 !
200.9 1
43.1
380.0
403.0
296.1
158.4
381.1
23£.8
201.5 I
404.3
43.2
158.5
297.1
201.9 1
43.4
405.3
381.8 I
202.3
158.8 I
297.5
43.5 !
406.3
382.6
202.6 |
159.1
43.5
297.8 1
383.4 |
407.1 |
202.6 |
43.6
383.6
297.9
159.1
406.9

>lU£lAltfQ^AYJJtfGS_IlE£aSII
OTHER
T I M E DEPS

CDS

__1

20.5
20.4
20.7
20.7
20.8
20.8
20.7
20.8
20.9
20.9
21.0 1
20.9
20.6
20.4
20.3
20.3
20.0
20.2
20.2
20.1
19.9
19.9
19.8
19.8
20.0
19.8
20.1
20.3
20.7
21.0
21.3
21.3
21.5
21.6
21.7
21.7
21.9
22.1
22.2
22.3
22.5
22.6
22.3
22.8
22.9
23.0
23.0
23.3
23.6
23.6
23.7
23.3

69.7
69.9
70.0
70.1
70.6
70.9
71.2
71.4
71.8
71.9
72.5
72.7
73.0
73.1
73.3
73.4
73.6
73.9
73.8
74.5
74.7
74.8
75.1
75.4
75.8
75.7
76.0
76.1
76.5
76.7
76.9
77.5
78.0
78.5
78.9
79.4
79.7
80.1
80.5
80.7
81.3
81.6
82.1
82.6
83.1
83.5
84.0
84.3
84.7
85.2
85.7
85.8

SAVINGS

I_
1

1

1
1

i

1
i
1
1
I
1
1
1
1
1
i
I

1

I

!

1L

93.5
93.5
93.7
93.7
93.7
93.8
93.8
93.9
93.8 1
94.0
93.8 1
93.7 i
93.8 1
93.9
93.8 I
94.0
93.9 1
93.9
94.1 1
93.8
93.8 1
93.8 1
93.8
93.8 1
93.8 1
93.9
94.0
94.0 1
94.0 1
94.1
94.2
94.2
94.3
94.4
94.5
94.5
94.5
94.6
94.6
94.7
94.7
94.8
94.9
95.0
95.0
95.1
95.1
95.2
95.2
95.1
95.1
95.2

.
TOTAL

L
I

1
183.7
183.8
184.3
184.5
185.1
185.4
185.7
186.0
186.5
186.8
187.2
187.3
187.3
187.4
187.5
187.7
187.4
188.0
188.1
188.4
188.4
188.5
188.7
189.1
189.5
189.4
190.1
190.4
191.1
191.9
192.3
193.1
193.9
194.5
195.0
*95.6
196.1
196.7
197.3
197.8
198.5
199.1
199.8
200.4
201.0
201.6
202.0
202.8
203.4
204.0
204.5
204.3

|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I
|
|
|
|
1
|
|
|
|
|
|
|
|
1
|
1
|
|
|
|
|
|
|
|
1
j
|
I
|
I
I
1

TABL E 4
MONEY STOCK MEASURES, COMP CNENTS, AND RELATEO ITEMS
_ £ £ A S D A A LLX_AIUU£I£ili. BILLION.S_0£_.QOLLABS„

.tfJL
DEMAND
OEPOSITS
PLUS

MI±
.Ml PLUS
SAVING
AT CBS &

1
8
15
22
29
5
12
19
26
5
12
19
26
2
9
16
23
30
7
14
21
28
4
11
18
25
2
9
16
23
30
6
13
20
27
3
10
17
24
1
8
15
22
29
5
12

WV 19
NOV
DEC
DEC
DEC
DEC
OEC




26
3
10
17
24
31

202.6
202.9
203.2
203.4
203.7
204.0
204.2
204.6
204 t 5
204.6
204.7
205.3
205.3
205.1
205.6
205.2
205.4
205.5
205.6
205.7
206.1
206.5
206.7
206
206
206
206
206
206
207.0
207.0
207.2
207.1
206
207
208
207
207
207
207
208
208
208
208
208
209.1
209.3
209.0
208.9
208.8
208.7
208.3
209.4

IIii£_ANO S A y i ^ G ^ D L B U S I I ^

_M.
M2 PLUS
LARGE
NEGOTI-

CURRENCY

DEMAND
DEPOSITS

43,
43,
43,
4343.
43.8
43.9
43.9
43.9
44.0
44.1
44.1
44.1
44.
44.
44,
44.
44,
44.
44.3
44.4
44.5
44.7
44.7
44.7
44.7
44.8
45.0
44.8
44.9
44.9
45.1
45.1
45.1
45.2
45.4
45.2
45.3
45.4
45.4
45.5
45.6
45.7
45.6
45.8
45.8
45.8
45.9
46.0
46.1
46.0
46.2
46.1

159
159
159
159
160
160
160
160
160
160
160
161
161
160.9
161.3
161*1
161.2
161.3
161.3
161.4
161.7
162.1
161.9
161.8
161.8
162.0
161.9
162.0
161.9
162.0
162.1
162.1
162.0
161.6
162.0
162.7
162.1
162.1
162.0
162.2
162.5
162.6
162.8
162.7
162.9
163.2
163.5
163.1
162.8
162.8
162.7
162.2
163.3

CTHER
1
TIME DEPSI

1-.LAR££~CI}£. _A£L£_Q}S-

XUBR£N£:L
1969 JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
NOV
NOV

_M2Ml PLUS
TIME
EXCEPT

297.9
298.3
298.5
298.8
299.1
299.4
299.6
299.8
299.7
299.7
*299.8
300,3
300.3
300.1
300.5
299.8
300.0
300.1
300.0
300.1
300.5
300.9
300.8
300.4
300.5
300.7
300.6
300.7
300.4
300,
300,
300,
300,
300.
300.6
301.4
300,
300,
300,
300,
301,
301,
301,
301,
301.8
302.1
302.4
302.1
301.9
301.7
301.6
301.1
302.3

383.7
384.3
384.8
385.2
385
386
386
387
387
387
387
388
388
388
389
389
389
389
389
389
390
390
391.3
391.4
391.6
391.9
391.6
391.3
390.7
390.6
390.5
390.3
390
389
390
391
390
390
390
390.8
391.2
391.1
391.3
391.3
391.8
392.3
392.7
392.5
392.5
392.4
392.2
391.8
392.9

406.7
406.8
406.8
406,
406,
406,
407,
407,
407,
407,
406.9
407.5
407.4
407.4
408.0
407.6
407.7
407.6
407.6
407.6
407.9
408.4
408.4
408,
408,
407,
407,
406.
405.3
404.7
404.1
403.6
403.0
402.2
402,
403,
402,
402,
402,
402,
402,
402.4
402.5
402.6
403.1
403.5
403.8
403.5
403.4
403.4
403.2
402.7
403.7

23
22
22
21
21
20.8
20.6
20.3
20.0
19.7
19.4
19.1
18.8
18.8
18.7
18.6
18.4
18.2
18.1
18.0
17.8
17.5
17.1
16.7
16.3
16.1
15.6
15.2
14.6
14.1
13.7
13
13
12
12
12
12
11.8
11.7
11.6
11
11
11
11
11
11.2
11.1
11.0
11.0
11.0
11.0
10.9
10.9

a i T i ^ i ~"

95T2"
95.3
95.3
95.3
95.3
95.3
95.3
95.1
95.1
95.0
95.0
95.0
94.9
94.9
94.8
94.6
94.5
94.5
94.3
94.3
94.3
94i2
94.1
93.9
93.9
93.9
93.9
93.7
93.6
93.5
93.5
93.4
93.3
93.3
93.3
93.3
93.2
93.2
93.2
93.2
93.2
93.1
93.1
93.0
93.1
93.0
93.0
93.0
93.0
92.8
92.8
92.7
92.7

|
|
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I
|
\
|
|
J
|
|
|
|
|
|
|
|
|
|
J
\
|
J
|
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|
|
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|
|
I
|
|
|
|
|
|
|
|
|
|
i
J
|
|
|
|
|
|
|

TOTAL

SAVINGS

86.1
86.4
86.5
86.7
86.8
86.9
87.2
87.5
87.8
87.9
88.1
88.3
88.6
88.9
89.3
89.4
89.4
89.6
89.6
89.8
90.1
90.6
91.1
91.3
91.3
91.1
90.7
90.4
90.1
90.0
89.8
89.6
89.6
89.6
89.7
89.8
89.9
89.9
90.0
89.9
89.8
89.8
89.9
90.1
90,2
90.3
90.5
90.6
90.7
90.7
90.7
90.7

-

1
i
i
1
1
1
\
1
1
1

1
1

1
1
1
1
1
1
1

1
I

204~|
203.9 |
203.7 |
203.3 I
203.1 |
202.9 |
202.8 |
202.7 |
202.7 |
202.4 |
202.3 |
202.2 |
202.1 1
202.3 |
202.4 |
202.4
202.3 1
202.1 |
202.0 |
201.9 |
201.8 |
201.8 |
201.8 |
201.6 |
201.5 I
201.3 I
200.5 \
199.5 |
198.6 |
197.7 |
197.2 |
196.4 |
195.9 |
195.5 |
195.3 |
195.1 |
195.0 (
194.9 |
194.8 |
194.8 |
194.6 |
194.2 I
194.1 |
194.2 |
194.4 |
194.4 |
194.5 |
194.5 |
194.5 |
194.5 1
194.5 |
194.4 |
194.3 |

MONEY STOCK MEASURESt COMPONENTS , AND RELATED
SEASONALLY ADJUSTED. B I L L I O N S OF DOLLARS

I
1
1
1970

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC




7
14
21
28 1
4
11 1
18 1
25
4 1
11
18 1
25 1
I I
8
15
22
29 !
6
13
20 1
27
3
10
17
24
1
8
15
22
29
5
12
19
26
2
9
16
23
30
7
14
21
28
4
11
18|
25
2
9!
16
23
301

Mi
DEMAND
DEPOSITS
PLUS
CURRENCY
210.5
210.8
211.0
210.7
210.3
209.9
209.8
209.5
210.4
210.8
211.0
210.8
212.3
212.1
212.3
212.5
212.9
213.4
213.2
213.7
213.7
213.4
213.3
213.3
212.8
213.5
213.3
213.8
214.0
214.3
214.9
215.4
216.1
216.5
216.8
216.6
217.3
217.5
217.8
218.1
217.9
213.1
218.2
218.3
218.6
218.7
.218.8
218.7
218.4
219.8
219.6
219.8

M1+
J
J
M4
1
M2
DEMAND
M2 PLUS
Ml PLUS
Ml PLUS
CURRENCY
DEPOSITS
1
LARGE
1
TIME
SAVING
NEGOTIi AT CBS & 1 EXCEPT
1 CH^ PEPS 11 L^ftGE CDS
ABLE QDS
4 6 . 1 """
1647"
404.3
393.6
1
303.5 1
46.3
164.5
404.1
393.6
303.5 I
164.7
46.3
404.0
393.6
303.6 1
46.4
164.3
403.5
393.1
303.2 1
163.9 1
46.5
392.6
403.0 1
302.8
46.4
163.4
402.6
392.1
302.2 1
46.5
163.3
392.2
302.1 I
402.8
46.6
162.9
301.7
402.8
392.0
404.1
46.6
393.1
163.8
302.5
393.9
46.6
164.2
302.8 !
405.0
46.7
405.6
394.3
164.3 1
303.0
164.1
46.7
394.6
302.8
406.2
46.9
408.7
165.4
396.6
304.3
46.9
409.6
397.0
304.2
165.2
46.9
165.3
410.4
304.4 1
397.5
47.0 J
411.5
304.8
165.5
398.3
165.7
47.2
412.3
305.1
399.0
305.7 S
165.9
47.4
413.0
399.6
47.5
165.7
413.1
399.7
305.6
166.1
47.6
400.5
414.0
306.2
166.1
47.6
400.8
414.2
306.2
165.7
47.6
401.0
414.2
306.0
165.7
47.7
414.6
306.0
401.5
47.7
401.9
415.1
165.6
306.0
305.6
165.1
415.4
401.9
47.7
165.9
47.8
417.6
306.6
403.4
306.7
165.5 1
47.8
404.0
419.3
47.9
166.0 1
421.4
307.4
405.2
47.9
307.7
166.0
423.0
406.2
166.4 I
48.0
424.6
407.1
308.2
426.4
308.9
166.8 1
48.1
408.4
167.2
427.9
48.1
309.5
409.5
167.9
48.2
429.5
410.6
310.4
310.9 1
168.3 I
430.9
411.7
48.2
168.6
432.3 !
311.3
48,3
412.5
168.3
48.3
433.2
412.8
311.2
434.9
169.0
48.3
414.2
312.1
312.5
48.3
436.1
415.0
169.2
48.4 .
169.4
437.2
312.9
415.7
169.7
313.6
438.3
48.5 i
416.5
48.5 ]
169.5
313.6
439.1
416.9
313.9
169.6
440.1
417.7
48.5
169.6
440.9
314.2
418.1
48.6
314.4
169.7
48.6
441.8
418.7
,
442.9
314.9
170.0
419.4
48.6
i
170.1
48.7
443.8
420.0
315.1
!
170.1
48.7
444.7
315.4
420.6
170.1
48.6
445.5
315.5
421.1
|
169.5
48.9
446.3
315.6
421.5
170.8
448.6
48.9
423.4
317.2
170.6
49.0
317.3
I
449.6
424.1
170.7
49.2 |
|
317.7
450.3
424.6

ITEMS

1

_IIM£^ANII»SAVlNaS-Q££Qii l l _

J

CDS

ToT 7~" !

10.5
10.4
10.4
10.4 1
10.5 1
10.6 I
10.8
11.0 1
11.1
11.3 1
11.6 1
12.1
12.6 1
12.9
13.2 1
13.3 I
13.4 1
13.4 1
13.4 !
13.4
13.3 1
13.1 1
13.1 1
13.4 1
14.2
15.4 1
16.2 1
16.8 1
17.5 1
18.0 1
18.4 1
18.8 1
19.3 I
19.8 1
20.3
20.7
21.2
21.6 1
21.8
22.2
22.5 I
22.8
23.1 1
23.5 1
23.8
24.1
24.4
24.8
25.2
25.5
25.7

OTHER
T I M E DEPS

"ioTF"

90.1
90.1
89.9
89.9
90.0
90.2
90.4
90.8
91.1
91.5
91.9
92.4
92.9
93.2
93.6
94.0
93.9
94.1
94.4
94.7
95.1
95.6
96.0 ,
96.4
96.9
97.4
98.0
S8.6
99.0
99.6 i
100.0
100.4
100.9
101.3
101.7
102.2
102.6
102.9 I
103.0
103.4
103.8 !
104.0
104.4
104.7
104,9
105.3
105.6
106.1 ,
106.3
106.9
107.0 1

TOTAL

SAVINGS

J

9271P i

1937? |

92.6
92.5
92.4
92.3
92.3
92.2
92.1
92.0
91.9
91.9
91.9
91.9
92.0
92.1
92.2
92.1
92.3
92.3
92.4
92.5
92.5
92.6
92.7
92.8
92.9
93.2
93.4
93.6
93.7
93.9
94.1
94.2
94.2
94.4
94.6
94.7
94.8
95.0
95.4
95.6
95.8
95.9
96.0
96.2
96.3
96.5
96.7
97.1
97.3
97.6
97.8

193.3
193.0
192.8
192.7
192.7
193.0
193.4
193.7
194.1
194.6
195.4
196.4
197.5
198.2
199.0
199.4
199.6
199.9
200.3
200.6
200.9
201.3
201.8
202.6
204.0
206.0
207.6
209.0
210.2
211.5
212.5
213.4
214.4
215,5
216,6
217.6
218.6
219.5
220.2
221.2
222.1
222.7
223.5
224.3
225.1
225.9
226.8
227.9
228.8
230.0
230.5

1

j

1

1
!

I
1
1
1
1
1
1
1
1
1
!

|
|
|
|
|
|
|
1
|
|
|
|
|
I
|
1
|
|
|
|
1
|
|
1
|
|
|
|
|
|
(
I
|
|
|
|
|
1
f
I
|
|
|
I
I
t
1
|
f
|
|

\

1
1971

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAP
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT

T

13
201
27
3
10
17
241
3
10
171
24
31
7
14
21
28
5

12
19

?6

qcT

2
9
16
23
30
7
14 1
21
28
4
11
18
25
1
8
15
22
29
6 1
13

OCT
OCT
NOV
NOV
NOV
NOV
DEC
OEC
DEC
OEC
OEC

27
3
10 !
17
24
1
8
15
22
29




?o

TABLE
MONEY STOCK MEASURES, COMPONENTS ► ANp RELATED ITEMS
_S£ASJ3NALJ^_ADJiJSTFrv,_BlLLIDMS_^£_L)IiLLAE^
MJ
1
M1+
1
M2
J
M4t
J.
JL ^
3l^£^ANQJSA^iNfiL.Q££Dii l l
_
DEMAND
|
M2 PLUS
Ml PLUS
Ml PLUS
DEMAND
OTHER
1
CURRENCY
SAVINGS i
DtPOSITS
LARGE
CDS
TIME
DEPOSITS
SAVING
NEGOTI- ;
TIME DEPSj
EXCEPT
AT C3S £
PLUS
q^RRENCY 1.. C H ^ P f PS,.. LARQE QQSl1 ABLE CD$ ■
L
L
J
-——
98.1
107.8 |
220.5
426.5
318.7
452.3
2578~
YlTTT'
98.4 I
26.3 I
171.4
453.7
220.7
108.2 i
49.4
319.3
427.4
98.8 |
49.4
108.9 I
26.9 "
171.5
455.4
428.6
220.9 |
319.8
109.6
27.1
172.0
99.2
320.8
221.5
49.5
457.4
430.3
99.6 j
27.3 ,
49.7
110.3 !
172.3
431.9
221.9
459.2
321.7
27.7
172.7
111.1
322.5
100.2 !
433.5
222.2
461.2
49.6
100.7
27.7 |
49.9
323.8
173.1
462.8
435.1
223.0
111.4 1
112.0 I
27.7
173.3
324.4
101.2
49.8
464.0
436.3
223.1 I
112.8 |
27.9
173.7
49.9
101.7
466.0
325.4
223.6
438.1
113.3 |
173.9
467.4
49.9
223.8
102.3 j
28.1
439.3
326.2
113.9
469.1
28.4
102.7
174.2
49.9
440.7
326.9
224.1
114.4
174.5
470.5
224.5
28.4
50.0
327.8
103.2
442.1
114.8 i
28.0
471.3
224.9
174.8
50.1
328.6
103.6
443.3
115.0 !
27.9
175.1
329.5
472.3
225.3
104.0
50.3
444.4
115.2
27.9
175.4
50.3
225.7
104.4
473.2
330.3
445.3
115.0
27.7
50.4
473.5
175.6
445.8
330.9
104.8
226.0
115.5
27.7
175.9
474.6
226.4
331.6
105.1
446.9
50.5
115.7
27.9
176.6
476.1
332.6
227.1
448.2
105.4
50.5
227. o
177.4
116.2
28.0
477.9
449.9
105.8
333.8
50.5
478.9
450.7
116.6
28.2
177.5
50.7
228.2
105.9
334.2
28.5
229.3
117.0
178,6
50.7
480.8
335.4
452.3
106.0
28.6 !
178.1
117.4 |
452.4
50.8
481.0
228.8
106.1
335.1
28.7
117.6
481.7
452.9
229.0
50.8
335.4
106.3
178.2
28.9 !
223.9
178.0
50.9
118.0
482.1
335.4
106.3
453.2
29.3
229.3
118.5
178.3
51.0
335.9
483.5
454.2
106.4
29.6
178.6
229.8
51.2
336.4
118.6
484.5
454.9
106.5
29.7
230.3
179.0
118.9
456.0
51.3 1
485.8
337.2
106.8 1
29.9
119.1 !
179.0
230.4
51.4
456.5
337.5
106.9 1
486.3
30.0
179.4
338.1
230.9
107.0 1
51.5
487.2
457.2
119.2
30.1
179.6
119.4
231.1
51.6
457.7
338.4
487.8
107.2
30.2
179.7
51.6
119.4
488.2
458.0
231.3
338.7
107.3
30.3
179.9
119.4
51.6
231.5
488.7
339.2
107.5 1
458.5
30.5
180.1
51.8
119.6
231.9
489.6
459.2
339.7
107.7
30.6
180.3
51.8
232.1
107.9 1
119.8
459.8
340.1 1
490.3
51.9
30.5
180.2
120.1
490.7
232.1
460.2
340.2
108.0
30.6
180.1
51.9
460.7
340.4
120.4
491.3 1
232.0
108.2
30.7
180.3
52.0
120.5
492.0
232.3
340.8
461.2
108.4
30.9
180.4
52.1
493.0
232.5
108.7
120.9
341.4
462.1
31.5
180.5
232.6
52.1
494.2
462.6
341.6
108.9 1
121.2
180.4
32.1
495.1
1
52.2
232.5
121.4 1
341.8
109.1 t
463.0
!
180.7 1
32.5
52.2
496.5
232.9
121.7 1
109.4 1
342.4
464.0
180.6
32.7
52.3 !
497.2
342.6
109.6 1
122.0 1
232.9
464.5
181.6
32.7
499.0
233.9
52.3
122.6
343.8
109.8 1
466.3
I
180.7 1
32.7 1
498.8
52.3
232.9
123.2 I
110.0 1
466.1
343.1
180.7
32.6 I
499.5
232.9
123.8 1
52.2
110.3 I
466.9
343.2 1
180.7
32.7
500.3 1
52.2 I
233.0
J10.4 1
124.2 I
343.5
467.6
180.7
52.3
501.3 \
110.7 1
32.9
124.8
233.0
468.5
343.8
180.8
52.4 I
502.4
110.9 I
33.0
125.2 1
233.2
344.2
469.3
181.0 f
52.4 1
U1.4
125.3
503.4 1
233.5
33.3
344.9
470.1 i
I
181.2
52.4
504.4
233.7
111.5 1
126.0 1
33.2
345.3
471.2
181.3
345.7
52.5
505.0
233.8
111.7 1
33.1
471.9
126.3
181.3
52.6 I
33.4 I
506.3
233.9
345.9
111.9 1
127.0
472.8

1
TOTAL

|

1
231.8 1
233.0 |
234.5 |
235.9 |
237.3 |
238.9 I
239.8 |
240.9 |
242.4 |
243.6 |
245.0 |
246.0 I
246.4 |
247.0 |
247.5 |
247.5 |
248.3 I
249.0 |
250.0 |
250.7 |
251.5 |
252.1 I
252.7 |
253.2 j
254.2 I
254.8 |
255.4 f
255.9 |
256.2 |
256.7 |
256.9 |

257.2 I
257.7 |
258.2 |
258.6 |
259.3 1
259.7 |
260.5 |
261.6 |
262.6 |
263.5 (
264.3 |
265.1 |
265.9 |
266.6 |
267.3 |
268.3 I
269.2 |
270.0 |
270.7 |
271.2 |
272.3 |

MONEY STOCK MEASURESt COMPONENTS r AND RELATED
SFASQNALLY ADJUSTED. B I L L I O N S OF DOLLARS

' .„„M1
I

L
1,972

JAN
JAN
JAN
JAN
FE8
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
t)CT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
OEC
DEC
DEC
OEC




5 [
12 !
19
26
2
9
16
23
1
8
15
22
29
5
12 !
19
26 I
3
10
17 i
24 !
31
7
14
21 1
28
5
12
19
26
2
9
16
23
30
6
13
20
27
4
11
18
25
1
8
15
22
291
6i
13
20|
271

I

M1+

JL

M2

___M4

Ml PLUS
Ml PLUS I
M2 PLUS
LARGE
I
TIME
1
SAVING
NEGOTIEXCEPT
1 AT CBS £ 1
.CUflRENCXJL_£JtUfcU2£e£-JL - i ^ R £ f . CDSJL_.A£i.£-a}£-J
507.7
474.4 1
347.1 I
234.7 1
509.4
476.2 I
348.3 I
235.5
477.4
510.8
349.2 1
236.0 1
512.5
478.7
236.5 1
350.2 I
513.8
479.9 1
350.9 1
236.9
480.9
351.6
515.0
237.3
481.9
237.7
516.1
352.3
517.5
483.1
238.0
353.0
518.5
484.1
353.7 I
238.5
485.0
519.2
354.5
239.0
486.6
520.3
355.5
239.6
520.8
356.4 1
487.4
240.3
522.0
488.3
356.9 !
240.8
522.9
489.1
357.4
241.1
523.7
489.8
357.6 1
241.2
524.9
241.3
490.4
357.6
526.3
241.5
358.0
491.2
527.4
492.0
358.2
241.6
492.9
241.6
358.3
528.4
359.1
529.3
493.6
242.0
494.4
530.4
359.6
242.3
359.3
531.4
242.4
495.2
242.7
532.4
496.2 1
360.3
242.9
533.5
360.7
497.0
534.5
360.9
242.9
497.8
535.9
498.9
243.5
361.6
537.3
500.3 1
362.3
244.1
244.6
538.3
501.2
363.3
539.8
245.3
502.4 I
364.0
541.1
245.8
503.5 I
364.8
504.7
365.6 [
542.6
246.4
365.9
246.4
543.7
505.5
506.6
366.6
246.8
545.2
546.6
507.8
367.5
247.3
1
548.6
509.2
247.9
368.3
510.4
369.5
248.7
550.0
551.1
511.3
369.9
248.9
511.8
249.3
370.6
551.6
553.0
249.9
513.2
371.4
250.4
554.6
514.6
372.2
555.6
515.5
250.9 ;
372.8
372.9
2 5 0.9
556.5
516.0
251.4
373.7
517.1
558.0
251.5
373.9
558.6
517.5
251.8
518.4
560.0
374.2
561.0
518.9
374.8
252.0
252.4 |
375.4
520.1
562.6
563.8
521.0
376.1
252.9
565.4
522.4
253.8 I
377.2
254.7 I
567.2
524.0
378.3
255.9
569.4
525.8
379.6
571.0
527.0
380.1 \
256.2 1
DEMAND
DEPOSITS
PLUS

.

1

I CURRENCY

DEMAND
1 DEPOSITS

I

~527T" *~~

1

52.8
52.9 1
53.0
53.0 i
53.2
53.2
53.3
53.4 1
53.5
53.5
53.6
53.7
53.7 j
53.6
53.7
53.9
53.9
54.0
54.0
54.1
54.2
54.2
54.3
54.4
54.4
54.5
54.5
54.6
54.7
54.8
54.8 j
54.9
55.0
55.1
55.2
55.3
55.4
55.5
55.6
55.7
55.9
55.9
56.0
56.1
56.3
56.5
56.5
56.6
56.8
56.9
57.0

1

1

1

ITEMS

JL82To~" .
182.7
183.1 1
183.5
183.8
184.1
184.5
184.8
185.1
185.5
186.2
186.7
187.0
187.3
187.6
187.6
187.6
187.7
187.6
187.9
188.2
188.2
188.4
188.6
188.5
189.0
189.5 1
190.1 1
190.7
191.1 1
191.6
191.6
191.9
192.3
192.8
193.6
193.6
193.9
194.4
194.8
195.2
195.0
195.5
195.6
195.6
195.7
195.9
196.4
197.2
198.0
199.0
199.2

L

.IIM£UND_SA^lNa£_0££a i l l
1

J

OTHER
TIME DEPSj(

CDS

337~

L

33.3
33.5
33.7
33.9
34.1
34.2
34.4
34.4
34.2
33.7
33.4
33.7
33.8
33.9
34.6
35.1
35.3
35.5
35.8
36.0
36.2
36.3
36.5
36.7
36.9
37.0
37.1
37.4
3 7.6
37.8 !
38.3 j
38.6
38.9
39.4
39.6
39.8
39.8
39.7
39.9
40.1
40.5
40.9
41.1
41.6
42.2
42.5
!
42.9
43.0
4 3.2
43.6
44.0

u1

127.4
128.0
128.3
128.6
129.1
129.4
129.8
130.3
130.6
130.7
131.3
131.2
131.5
131.9
132.3
132.8 |
133.3
133.9
134.7
134.6
134.9
135.6
136.0
136.4
137.0 1
137.5
138.0
138.0 1
138.5
138.9 i
139.2 1
139.7
140.2
140.4 !
140.9
141.0 1
141.5
141.3
141.9 I
142^6
142.8
143.2 1
143.5
143.7
144.3 i
144.2
144.8 I
145.0 1
145.4
145.9 1
146.3 1
147.0

TOTAL

SAVINGS

J.
112.3
112.6
113.1
113.5
113.9
114.3
114.5
114.8
115.1
115.4
115.7
115.9
116.0
116.2
116.2
116.2
116.4
116.5
116.5
117.0
117.2
117.3
117.5
117.7
117.9
118.0
118.2
118.5
118.6
118.9
119.1
119.4
119.6
120.0
120.3
120.6
12 0 . 9
121.2
121.4
121.7
121.8
121.9
122.1
*22.3
122.3
122.7
122.9
123.1
123.3
123.4
123.6
123.8

1

I

1
1
1

1

j
1

i
|

1
L
272.9 |
273.9 |
274.8 |
275.9 |
276.9 I
277.8 f
278.4 |
279.5 J
280.1 |
280.3 |
280.7 t
280.5 |
281.2
281.9 j
282.5 I
283.6 |
284.8 )
285.8 |
286.8 i
287.3 {
288.1 |
289.0 |
289.8 J
290.6 |

1

291.6 J

1

292.4 |
293.2 j
293.7 |
294.5 j
295.4 |
296.2 i
297.4 )
298.4 |
299.3 j
300.6 |
301.3 |
302.3 J
302.3 1
303.1 |
304,2 i
304.7 \
305.7 1
306.5 j
307.1 |
308.3 J
309.0 |
310.2 j
311.0 j
311.6 j
312.4 I
313.5 j
314.7 |

1
1
1
I
1
!

1
1
\
1
1
1
1
1
1
1
1
1

TABLE 4
MONEY STOCK MEASURESt COMPONENTS r AND RELATED
SFASONALLY ADJUSTED. B I L L IONS QF_DOLLARS

~~ J L I — M I
1
™

1973

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
fEB
MAR
MAP
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SfEP
SEP
OCT
OCT
OCT
OCT
OCT
•MOV
NOV
NOV
NOV
DEC
OEC
OEC
OEC




10
17
24 1
31
71
14
21
28
7
14 1
21
28
4
11
18
25
2
9
16
23|
30
6
13
20
27
4
11
18
25
1
8
15
22
29
5
12
19
26
3
10
17
24 1
31 1
7 1
14
21 1
28 1
5
12 1
19
26 1

l

tfi+

i_I.ua

i

a*

1

l

M2 PLUS
Ml PLUS
DEMAND
Ml PLUS
LARGE
TIME
SAVING
DEPOSITS
NEGOTIEXCEPT
PLUS
AT CBS £
LARGE CDS. 1 AftLE CDS l
CURRENCY i ._JC.aK-jQ£&5_
572.0
380.7
256.6 1
528.1
573.2
529.3
381.2
257.3
574.6
381.7
257.6
530.2
575.7
530.8
381.8
257.9
577.4
531.7
381.9
258.0
579.4
382.1
258.0
532.1
581.7
382.3
533.0
258.2
583.1
533.3
382.2
253.2
584.9
533.9
382.3
258.2 1
586.6
534.4
382.2
258.1
588.1
*381.7
534.5
257.6 1
590.4
535.6
382.4
258.4
592.0
382.4
258.4
536.4
593.0
536.5
382.3
258.4
593.9
382.1
536.6
258.2
595.7
538.1
258.5
382.4
258.9
596.6
539.0
383.0
598.8
540.8
384.4
260.1
260.6
541.9
600.7
385.3
602.7
543.2
386.1
261.3
261.9
544.6
387.0
604.4
262.4
387.6
605.4
545.3
263.0
388.5
606.4
546.3
547.4
389.1
263.5
607.8
547.8
389.7
264.0
608.3
548.7
389.9
609.4
264.2
549.3
610.4
389.8
264.1
549.5
611.1
389.2
264.3
389.9
550.2
612.3
264.4
550.9
613.9
390.3
264.6
615.9
551.9
390.0
264.7
264.8
618.3
553.0
390.2
619.9
553.5
390.2
265.0
621.7
554.7
390.5
265.3
622.1
265.1
390.2
554.8
622.7
390.1
264.9
555.4
623.1
265.0
390.3
556.0
624.0
390.4
265.1
556.7
624.2
390.5
265.1
557.1
623.9
391.1
265.4
558.0
624.3
391.4
265.6
559.3
625.2
266.1
392.1
560.7
625.3
391.3
265.2
560.9
627.9
393.3
267.0
563.6
628.7
267.7
394.3
564.5
629.3
395.1
268.3
565.6
629.8
268.9
395.8 i
566.3
630.2
: 268.7
395.7
566.8
631.2
268.9
396.0
568.1
633.0
397.5
270.2
570.0
270.6
634.3
398.1
571.4
271.1
398.6
635.4
572.5

ITEMS

DEMAND
1 DEPOSITS

CURRENCY
j

57.1
57.2
57.2
57.3
57.3
57.4
57.5
57.6
57.6
57.7
57.9
58.0
58.1
58.2
58.3
58.5
58.6
58.6
58.7
58.8
58.9
59.0
59.1
59.2
59.3
59.4
59.4
59.4
59.4
59.5
59.6
59.7
59.8
59.9
60.0
60.1
60.1
60.3
60.3
60.4
60.5
60.6
60.7
60.8
60.8
60.9
61.3
60.7
61.1
61.4
61.5
61.7

L

I
1
1

199.5 1
200.1 1
200.5 !
200.6
200.7 1
200.6
200.7 1
200.6
200.6
200.3
199.7
200.4
200.3
200.2
199.9
199.9
200.3
201.5
201.9
202.5
203.1
203.4
203.9
204.3
204.7
204.8
204.7
205.0
205.0
205.1
205.1
205.1
205.2
205.4
205.1
204.7 I
204.9
204.8
204.8 I
204.9 1
205.1 i
205.6
204.5 I
206.2 1
206.9
207.4
207.6 1
208.0 I
207.8
2Q8.8
209.1 I
209.5 !

f

1

i

1
i
I
1
1
1
I
!
I
I
|

OTHER
T I M E OEPS

CDS

L

I

]liM£ AND_ SWINGS D££QSJLI

I
TOTAL

SAVINGS

|

;_
43.9
44.0
44.4
44.9
45.7
47.3
48.7
49.8
51.0
52.1 1
53.6
54.9
55.6
56.5
57.3
57.6
57.6
58.0
58.8
59.5
59.8
60.1
60.2
60.3
60.5
60.7
61.1
61.6
62.1
63.0
64.0
65.3
66.4
67.1
67.3
67.3 \
67.1
67.3
67.0
66.0
65.0
64.5
64.3
64.3
64.2
63.7
63.5
63.5
63.0
63.0
62.8
62.8

r

14776~,
148.2
148.7
149.2
149.9
150.2
151.0 i
151.3 i
151.8 1
152.5 |
153.0
153.4 1
154.2 I
154.5
154.7 I
155.9 1
156.2
156.6 1
156.8 i
157.4 I
157.9 ,
158.0
158.1
158.6
158.4
159.1
159.8
160.6
160.5
161.2
162.2
163.1
163.6
164.4
164.8
165.6
165.9
166.6
166.9
167.2
1
168.2
168.9
169.8
170.6 F
170.4
170.9
170.8
171.4
172.4
172.9
173.6
174.2 1

I23T9"" 1
123.8
123.8
123.7
123.7
123.8
123.8
123.8
123.8
123.9
123.9
123.8
123.8
123.7
123.7
123.7
123.9
124.1
124.5
124.6
124.8
125.0
125.2
125.4
125.4
125.4
125.4
124.6
125.2
125.1
125.0
125.1
124.9
124.9
124.9
124.9
125.1
125.0
125.2
125.4
125.5
125.6
125.9
126.1
126.3
126.5
126.6
126.7
126.8
127.0
127.1
127.2

I
1

1

,

\
1
i
1
1
1
I
1
1
1
I
I
I
1
1
1
1
1
1
1
1
1
1
1
1

HniTZ 1
316.0
317.0
317.8
319.4
321.3
323.5
324.9
326.7
328.5
330.5
332.1
333.6
334.6
335.7
337.2
337.7
338.7
340.0
341.4
342.5
343.1
343.4
344.3
344.3
345.2
346.3
346.7
347.8
349.3
351.2
353.4
354.9
356.4
357.0
357.8
358.1
359.0
359.0
358.6
358.7
359.0
360.1
361.0
361.0
361.0
360.9
361.6
362.3
362.8
363.6
364.2

|
I
I
)
|
|
|
|
|
|
|
|
|
I
I
J
|
|
|
!
|
|
|
J
1
|
|
|
|
|
|
|
|
I
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|

TABLE 4
STOCK MEASURESt COMPONENTS r ANO RELATED ITEMS
S F A S O N | L I V ADJUSTER. B I L L I O N S OF DOLLARS
UM£-J^n_£A^Itf££-a££QSlI
J&l
_L
M4
1
DEMANO
i
M2 PLUS
M l PLUS
OTHER
CDS
!
CURRENCY
SAVINGS
LARGE
DEPOSITS !
TIME
T I M E DEPS
NEGOTI- I
EXCEPT
I.ARQE CDSI1 4BLE CDS J
61.7 "i
127.4 1
6374"'
6 3 7 . 1 "~"
2 0 9 7 ~ """'
573.7
T75T~ '
64.3
61.9
175.6 |
209.5
638.9
127.5 1
574.6 I
209.6
62.1
65.0
176.1 f
640.3
127.5 I
?75.3 |
65.9
209.6
127.6 |
62.2
177.3
642.5
576.7
66.8 f
62.4
209.8
644.6
127.7 |
177.9
577.7
178.7 1
62.5
210.3
127.7 |
67.6
646.8
579.2 [
210.6
62.6
127.9
67.8
648.3
179.5
580.5
128.0 i
180.1
62.7
210.9
67.9
649.6
581.7
180.9
67.8
?10.9
62.8 1
650.7
128.2 I
582.9
211.4
63.0
651.1 1
128.3 |
181.1
67.3
583.8
67.1
211.4
63.1
651.5
128.5
181.3 1
584.3
652.2
211.7
128.6
181.4 I
63.2 1
585.0
67.2
63.3 1
654.0 1
182.0 1
67*9
586.0 E
211.8
128.9
656.4 1
63.5 1
586.7
129.1
69.7
211.8
182.4 1
63.6
211.4
659.3
71.9
587.4
129.2
183.2 1
63.7 1
661.5
211.7 1
73.5
588.0
129.2 |
183.3 1
63.8 1
663.4
211.4 1
588.5
74.9 I
1 2 9 . 5 |i
183.9 1
64.0 1
211.4 1
665.1
183.9 1
129.6
7 6 . 2 11
588.9
64.1 1
666.7
184.1
211.7 1
129.6
77.2
589.5
211.6 I
64.2 1
129.7 1
78.1
668.1
184.5
590.0
669.7
64.3 1
79.0
590.7 1
184.6
212.1 1
129*8 1
64.4 1
184.9 1
79.9 1
670.5
211.3
590.6
129.9 1
80.1
212.7
672.8
64.5
592.7
185.3 I
130.2 1
£13.1 1
64.5
674.0
130.4 |
80.3
185.8
593.8
675.7
64.6 I
80.7 1
213.4 1
594.9
130.8 1
186.2 1
64.6
595.7
677.0
81.3
186.5 1
213.5 1
131.1 1
64.7 1
213.6 1
81.9
1 8 6 . 5 11
678.0
596.1
131.3
64.7 1
678.7
596.2
186.7 1
82.4
213.2 !
131.6 1
64.7
213.3 1
187.1 |
679.7
83.1
596.6
131.5 1
64.8 1
681.3
131.7
187.4
84.1
213.2 1
597.2
213.5
188.2 1
65.0 I
683.3
598.5
131.7 [
84.8
213.4
85.4
684.2
598.8
188.2 1
65.2 1
132.0 !
213.7
65.4
685.8
189.0 1
85.6
600.2
132.1 1
65.5
213.6
686.5
86.0
600.5
132.2 1
189.2 \
213.6
65.7
86.1
687.3
189.6 1
601.2
132.3 I
86.1
65.8
601.7 |
213.6
687.8
(190.0 1
132.3 !
£5.9
213.6 )
86.3
688.4
602.1
132.4
190.2 1
213.7
66.0
688.5
86.3
602.3
132.5 |
190.2
66.1
213.9 !
689.2
603.2
132.6 1
190.6 1
86.0 1
690.4
214.0
66.3
604.3
132.8 1
191.1 !
86.2
66.5
605.4
691.6
86.2
!
214.0 1
1 3 3 . 2 11
191.6 1
66.6 1
692.9
86.1
214.2
192.6 1
606.8
133.5 1
214.1 i
66.8
193.4 1
607.9
133.7 1
86.3
694.2
66.9
214.2 !
193.6 1
86.3
694.8
133.8 I
608.6
67.1
214.3
86.3
694.5
134.1 1
192.8 1
608.2
214.9 \
134.4 !
67.2
609.7
193.2 1
86.3
696.1
67.3
215.5 I
610.8 |
134.6 1
86.0 1
696.8
193.3 1
215.6
134*9 1
86.0
67.5
697.5
611.5
193.5 1
67.6
215.6
611.1
192.5 1
86.9
698.0
135.4 1
67.7 1
87.9 !
215.5 1
135.7 1
192.6 1
611.6
699.5
67.9 1
89.0
215.4 1
193.2 1
612.3
135.9 1
701.3
68.0
!
89.9 1
193,7 1
215.2
702.9
136.1 1
613.0

M0N5Y
W>

'■"■' '."■

"

U
J
1
1

fll
DEMAND
06P0SITS
PLUS
JU CqftftENCY
271.1
1 9 7 4 J A N " 21
271.4
JAN
91
271.7
JAN 1 6 |
?71.8
JAN 2 3 |
JAN 3 0 1
272.2
272.8
61
FEB
?73.2
FEB 131
273.£
FEB * 0 |
273.8
FEB 2 7 1
MAR 6 1
274.4
274.5
MAR 1 3 1
274.9
MAR 2 0 |
275.1
MAR 2 7 1
275.2
APR
3|
275.0
APR lot
275.4
APR 1 7 |
275.2
APR * 4 |
275.4
MAY
11
275.8
MAY
81
275.8
MAY i 5 |
276.4
MAY 2 2 |
275.7
MAY 2 9 J
277.2
J UN
277.6
JUN
277.9
J UN 1 9 |
278.1
JUN 2 6 |
278.2
JUL
31
278.0
JUL 1 0 1
278.0
JUL 1 7 |
273.1
JUL 2 4 |
278.6
JUL
278.7
AUG
279.1
AUG 1 4 1
279.1
AUG 2 1 1
279.3
AUG 2 8 1
4|
279.3
SEP
279,5
SEP i l l
279.7
SEP 1 8 |
279.9
SEP ? 5 |
280.3
OCT
21
280.5
91
OCT
280.3
OCT 1 6 1
280.9
OCT 2 3 j
281.1
OCT 3 0 j
281.4
6|
NOV
282.1
NOV 1 3 1 .
282.8
NOV 2 0 |
283.1
*ov 2 7 |
283.3
41
DEC
,283.3
DEC 1 1 !
3EC 18«
283.2
3EC 2 5 |
283.2




>:i

3

;i

LlZIiuZZX
1 M l PLUS 1
I
SAVING
I AT CBS £
j | pHK PEPS
I
398.9
1
?99.2
1
?99.5
1
399.7
!
400.1
i
400.8
I
401.3
I
401.9
1
402.2
I
403.0
I
403.3
I
403.8
I
404.3
I
404.7
I
404.5
I
405.0
1
405*0
1
405.2
I
405.7
1
405.8
!
406.5
i
406.0
1
407.7
i
408.3
1
409.1
I
409.5
\
409.9
i
409.9
1
409.9
\
410.1
1
410.7
411.0
411.6
411.6
411.9
412.0
|
|
412.2
|
412.5
i
412.9
413.5
414.0
414.6
414.9
415.3
1
415.8
416.9
^
417.8
418.4
|
419.1
419.4
419.6
419.7

1
|
1
\
|
1
|
|
|
1
|
1
|
I
I
|
|
|
t
|
|
|
1
|
I
|
I
|
|
I
|
t
|
j
|
1
|
|
I
1
1
1
j
|
|
I
|
|
|
|
I
|
|
|

L
TOTAL

|

""366.0
367.4
368.7
370.8
372.4
374.0
375.2
376.1
376.9
376.7
376.9
377.3
378.9
381.2
384.3
386.1
388.2
389.7
391.0
392.3
393.4
394.8
395.6
396.4
397*8
398.9
399.7
400.7
401.7
403.2
404.7
405.5
406.7
407.3
408.0
408.4
408.9
408.9
409.2
410.1
411.1
412.1
413.3
413.7
413.1
413.9
414.0
414.5
414.7
416.2
418.1
419.7

J
|
|
1
I
|
|
|
|
|
|
|
I
1
\
|
I
|
j
|
|
1
|
|
|
|
1
|
I
1
J
|
1
1
|
|
I
|
I
I
1
I
I
I
1
|
I
|
|
1
|
»

MONEY

-41-

DEMAND
DEPOSITS
PLUS
1975

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
.MAR
MAR
APR
APR
APR
APR
\ PR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
MOV
MOV
MOV
NOV
DEC
DEC
DEC
DEC
DEC




11

81
15|
221
29|
51
121
19 |
261
51
12 1
19 |
*6|
21
9 I
16|
231
30.1

7|
141
211
28t
4|
111
181
25|
21
9|
16)
231
301
6|
131
20|
271

3|
10|
171
24|
II
8|
151
221
29|
51
121
19|
261

3I
iO|
17|
24|
311

.1
I
I
I

#U
Ml PLUS
SAVING
AT CBS a

TABL E 4
STOCK MEASURES, COMP QNENTS, AND RELATED ITEMS

i_™*2
M^ PLUS
TIME
EXCEPT

u;

a*

1

M2 PLUS
LARGE
NEGOTI-

&yftE£N£X«J^ibJ^lJ£J?5-JLUa£^iifiil-ABi£^li-.l-.
282.9
282.9
282.7
282.8
282.6
282.7
283.0
282.8
283.6
284.2

|
|
|
I
|
|
I
|
|
|

285.1

|

285,
285,

285.1 |
284.* |
284.1 |
284.3 I
284.2 |
285.7
286.6
287.3
288.8
289.6

|
I
I
|
|

290,
291*
291,
291,
291,
291,
291,
291,
292.4
292.2
293.2
294.2

f
I
\
I

294.3 I
294.6 |
294.2 |
293.7 |
293.8 |
293.4 »
293.6 I
293,
I
293,
I
295,
I
296.
I
296.2 »
296.3 I
295.9 |
295.1 |
294.9 |
294.7 |
295.6 |

419.6

419.7
419.7
419.9
420.0
420.4

421.1
421.4
422.8
423.9
4 25.4
426.1
426.9
427,
*27,
427,
428,

42 8,
430.4
431.9
433.4
43 5.7
437.5
440.0
441.5
442.2
442.4
442.5
443.1
443.4
443.7
444,
445,
446,
447,
448,
449,
449,
449,
449,
449,
449.8
450.2
450,3
452.4
454.7
454.8
455.7
455.9
455.9
456*2
456*4
457.7

613.3
614.4
615.4
615.4
615,9
616.8
618.8
619.3
621.1
621.9
623.6
624
624
625
625
625
626.7
627.5
629.8
632.3
633.9
637.0
638.8
641.4
643.3
644.3
644
645
646
646
647
648.8
649.4
650.6
652.0
652.6
653.6
653.6
653.4
654.3
654.6
656.0
656.5
657.1
659.7
662.4
662.6
663.7
663.7
663.7
663.7
664.5
666.3

703
705
706
706
707
708
710.7
710.9
712.1
712.2
713.1
713.5
713.9
714.4
713.6
713.8
714.5
714.9
716.4
718.6
719.7
721.7
722.9
725.4
726.9
727.5
727.7
727.5
728.4
728
728
729
7 30
731
732
732.8
734.0
734.1
7 34.3
735.4
735.7
737.2
737.7
738.7
741.4
744.3
744.7
745.8
745.8
745.4
744.9
745.2
746.4

mLinb&-3E--ojaLLm

_IIjl£.-AMDS.AYitlfi£_fl££flSJLL.

i _
CURRENCY

DEMAND
|-DEPOSITS

67.9 |
68.2
68.3
68.5
68.5
68.6
68.6
68.7
68.9
69.1
69.2
69.4
69.5
69.4
69.3
69.2
69.4
69.6
69.8
69.9
70.2
70.4
70.6
70.8
71.0
71.0
71.2
71.2
71.3
71.4
71.5
71.6
71.8
71.9
72.0
72.0
72.1
72.1
72.2
72.3
72.5
72.6
72.8
72.9
73,
73.
73,
73.
73,
73.
73,
73,
7*.

215 . 0
214 . 7
214 . 4
214 . 4
214 . 1
214 . 2
214 . 4
214 . 1
214 • 8
215 . 2
215 . 9
215 . 7
215 . 9
215 . 7
215 . 2
214 . 9
214 . 9
214 . 6
215 . 9
216 . 7
217 . 2
218 . 5
219 . 0
220 . 1
220 . 6
220 • 6
220 . 4
219 . 9
220 . 1
220 . 1
219 . 9
220 . 7
220 . 4
221 . 3
222 . 2
222 . 3
222 . 5
111 • 1
221 . 5
221 . 5
220 . 9
220 . 9
220 • 8
220 . 4
111 . 2
123 . 7
111 . 8
112 . 8
111 • 3
211 . 4
221 . 1
220 . 8
221 . 7

I

CDS
90,
91
91
91,
91,
91,
91.8
91.6
91,
90,
89,
89,
89,
88,
88,

88.1
87.9
87.5
86.6
86.3
85.8
84.7
84.1
84,
83,
83,

82.
82
82

81
81
81
80
80.4

60.1
80.2
80.5
80.6
80.9

81.1
81.1
81.2
81.2
81.6
81.7
81.9
82.1
82.1
82.1
81.7
31.2
80.7
80.1

1
OTHER
I
I T I M E QEPSI

1
I
1
I
1
I
1
1
1
1
1
1
1
1
1
1
1
1
I
1
1
1
I
I
I
1
I
I
1
I
I
I
1
1
1
|
I
|
I
1
1
I
i
I
|
1
|
i
I
|
1
1
I

SAVINGS I

|
1
1
!
|
1
1
I
1.
I
1
!
11
1
I
1
1.
1
1
1

|
1
|
|

I
I
1
1
1

{

TOTAL

|

1
194.0
195.1
196.2
195.9
196-4
1<;6.8
198.1
198.3
198.8
198.5
198.6
198.7
198.3
198.8
198.4
198.7
198.9
199.3
199.9
200.9
201.0
201.7
201.8
201,9
202.3
202.6
203.1
203.2
203.7
204.0
204.2
204.5
204.8
204.7
204.6
204.8
204.9
205.1
^04.9
205.4
205.9
206.9
206.9
207.5
208.0
208.4
208.5
208.6
208.5
208.5
- 208,2
208.8
209.3

i

1
136.3
136.4
136.5
136.7
137.0
137.3
137.7
138.1
138.7
139.2
139.9
140.5
141.1
141.6
142.4
143.0
143.5
143.9
144.3
144.8
145.5
146.4
147.4
148.6
149.4
150.0
150.3
150.8
151.1
151.4
»51..7
152.0
152.4
152.7
153.1
153.5
154.0
154.3
154.7
155.0
155.4
155.6
156.0
156.3
156.5
157.1
158.0
158.7
159.3
160.1
160.6
161.0
161.4

|
|
|
|
|
|
|
|
|
|
J
J
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
J
|
|
|
|
J
|
|
1
|
|
|
|
|
|
|
|
|
I
|
|
|
|
|
|

420.9
422.5
423.9
424.1
425.1
425.9
427.7
428 . 1
428.5
428.0
428.1
428.4
428.6
429.2
429.2
429.7
430.2
430.7
430.7
431.9
432.4
432.8
433.3
434.5
435.4
435.8
436.1
436.4
437.0
437.1
437,3
437.6
438.1
437.9
437.8
438.5
439.4
440.0
440.6
441.6
442.4
443.7
444.1
445.4
446.2
447.4
448.6
449.5
449.9
450.3
450.0
450.5
450.8

HI

1.

1976

JAN
JAN
JAN
JAN
FEB
FEB
fEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
HAY
MAY
HAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
)EC
DEC
DEC

1\
141
211
28|
4|
111
181
25|
3|
101
171
24!
31!
7|
14|
21!
281
5|
121
19|
26|

21
91
16|
23|

301
7|
14|
211
28|
4|
11!
18!
251
1!
8!
15!
22!
29!
6|

131
20!
27|
31
10!
17|
241
11
8!
15!

221
29!

DEMAND
DEPOSITS
PLUS
JT.UftftFNCY
296.0
296.4
296.9
297.5
298.0
298.6
299.0
299.2
299.4
299.5
299.4
299.9
300.6
300.3
301.4
302.7
302.8
303.1
304.2
304.0
304.3
304.5
304.0
304.0
303.6
304.3
304.5
304.8
305.1
305.5
305.7
306.3
306.9
307.4
306.9
305.1
307.8
308.4
309.1
309.7
310.4
311.1
311.5
311.8
311.8
311.8
311.7
312.3
312.<*
313.3
314.0
314.5




J1
I
1
|
I
I
1
I
1
I
I
!
I
I
1
I
I
I
1
1
1
I
I
I
1

I

1

!
I
1
!
|

MONEY STOCK MEASURES, COMPONENTS , AND RELATED
SEASONALLY ADJ1JSTFD. B I L L I O N S HP DPI 1 AR S
11
,M1±_ _JL _ _ H 2
tt*
L
J
M2 PLUS
M i PLUS 11
DEMAND
Ml PLUS
SAVING
1 CURRENCY I DEPOSITS 1
1
LARGE
1
TIME
NEGOTIEXCEPT
AT CBS £
f f HK DFPS 1i LARGE CDS 1 ABLE CDS 1L
74.0 1 "
458.6
747.2 I
667.7
222.0
749.0 1
460.1
222.1 1
74.3 1
670.4 I
74.4 1
222.5 I
749.9
462.0
672.1 !
464.1 1
751.5
222.9 1
74.6 1
674.6 I
753.0
223.3 1
466.4
74.8 1
676.8 (
466.9 1
223.7
754.2
74.8 1
678.8
755.1
470.4 !
224.0
75.0 1
680.2 I
755.6 1
471.4
224.1 1
75.1 1
681.2 1
472.7
755.8
75.3 I
224.0 1
682.2
473.9 1
756.0
683.1 I
224.0
75.5 i
75.6 I
474.4
756.3
223.8
683.5
475.5
684.4 I
75.8 i
757.2
224.1 1
476.9
224.7
759.1
686.4 1
76.0
477.7
76.1 1
687.5 1
760.0
224.2 1
761.7
690.0
479.5 I
225.1
76.3 1
691.7
76.7 1
762.6
481.5
226.0
763.4
482.5
693.3
76.8 1
226.0
76.9
763.6
483.5 I
694.2
226.2
765.0
77.1 1
485.4
227.1
696.3
764.8
485.7
77.2
696.7
226.8
765.6
486.3
697.3
227.1
77.2 1
77.4 1
486.5
227.1
766.9 I
698.0
486.1
77.5
767.5
698.4
226.5
699.1
768.5
486.2
226.4
77.6
485.9
77.6 1
768.8
699.2
226.0
486.7
226.6
77.7
771.2
701.2
487.1
77.9
772.5
702.2
226.7
703.6
438.1
773.6
226.8
78.0
226.9
704.6
78.1
774.2 I
489.0
706.2
490.0
227.3
78.3 1
774.8
774.8
490.9
227.4
78.4
707.4
775.7
709.1
492.3
227.8
78.5
78.7
228.2
776.7
710.8
493.5
228.7
712.7
78.7
778.2
494.8
778.3
228.1
78.8
713.3
495.2
777.3
712.9
494.4
226.1
79.0
79.1
228.6
780.9
497.8
717.0
782.6
499.2
229.1
79.3
718.8
500.7 !
784.4
720.6
229.6
79.5
722.7
502.5
786.0 I
79.6
230.1
504.1
724.7
230.7
79.7
787.7
505.7 j
789.1
726.6
231.4
79.8
507.1
231.7 |
790.9
728.7
79.8
80.0
508.4 !
231.8
792.2 |
730.2
793.9 |
509.6
231.7
80.1
731.8 I
231.6
732.4 I
80.2
794.6 i
510.5 I
231.4
796.1
733.8 |
511.4 |
80.3
735.7 |
80.4
798.1
512.8
231.9
232.3
800.1
737.7 |
80.6
514.8 !
516.4
232.7
80.7
802.0
739.7 1
80.9
803.6 |
233.1
741.5
518.1
519.0 |
80.9
805.0
742.2 |
233.5

ITEMS
IlttE

SAVINGS

CTHER
TIME DEPS

CDS
,

79
8.5
6
77.8
76.9
76.2
75.4
74.8
74.4
73.6
72.9
72.8
72.8
72.7
72.4
71.7
70.9
70.0
69.4
68.7
68.1
68.3
68.8
69.1
69.4
69.6
70.0
70.3
70.0
69.6
66.6
67.5
66.5
65.9
65.4
64.9
64.4
63.9
63.8
63.8
63.3
63.0
62.5
62.1
62.0
62.1
62.2
62.3
62.4
62.4
62.2
62.1
62.8

illZII

- A i i - L . ^ ^XNELQJLECI

1

,

i

!

1
|

TOTAL

I
!

j

209.9 ~
211.0
210.8 j
211.2
211.1
210.7
210.6
210<5
210.3 I
210.0
209.9
209.7 1
210.3
210.7
211.4
211.0
211.7 J
211.6
211.8
211.9 !
211.8
212.4
213.2
213.8
214.3
215.5
216.1
216.5
216.6
217.2
217.6
217.9
218.4
219.1
219.3
219.7
220.3
220.8
221.0
221.4
221.8
222.2
222.9
223.1
223.4
223.2
223.7
224.2
224.3
224.7
224.7
224.6

16T78~ ""

45IT2 !

162.9
164.4
165.9
167.7
169.6
170.6
171.4
172.5
173.6
174.2
174.8
175.5
176.5
177.2
177.9
178.8
179.5
180.3
180.8
181.1 1
181.1
181.2
181.3
181.4
181.4 1
181.6
182.3
182.9
183.4
184.1
184.9
185.5
186.3
187.1
188.2
188.9
189.6
190.4
191.6
192.5
193.3
194.4
195.3
196.5
197.4
198.3 I
199.1
200.5
201.7
202.7
203.1

452.6
453.0
454.0
455.0
455.6
456.1
456.4
456.4
456.5
456.9
457.3
458.4
459.6
460.3
459.9
460.6
460.6
460.8
460.8
461.3
462.3
463.5
464.5
465.3
466.9*
468.0
468.8
469.1
469.3
469.1
469.3
469.8
470.8
471.4
472.2
473.1
474.2
475.3
476.3
477.3
478.0
479.4
480.4
482.1
482*8
484.4
485.8
487.2
488.6
489.6
490.5

!
I
|
I
!
I
|
!
|
|
I
I
1
|
!
I
1
I
!
1
!
|
|
!
!
(
|
!
!
!
|
I
|
|
j
1
|
!
!
!
1
!
!
|
I
|
!
!
1
|
|

L , , _ , L . . I — —

* -

1._'„,,., »U

"T^TTJTH "51
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUt
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
DEC
DEC
DEC
OEC

12!
19|
261
21
9|
161
23|
2|
9|
16|
23|
30|
6|
131
20!
27|
41
111
18|
25!
1|
8|
15|
22|
29!
6!
13|
20|
271
3!
101
171
24|
31!
7!
14f
21!
28!
5!
12!
19|
26|
2!
9!
16|
23|
301
7!
141
21!
281




DEMAND
OEPOSITS
PLUS
CMftRENCY
315.1
315.9
316.1
316.5
317.0
317.2
317.8
318.0
318.7
318.9
319.2
319.9
319.9
322.0
322.5
322.4
323.0
323.2
323.5
323.5
324.3
324.2
324.6
324.5
325.7
326.0
327.8
328.1
329.7
329.6
329.8
329.9
329.7
330.4
331.9
332.5
333.1
333.4
334.0
334.5
335.4
335.7
335.8
335.9
336.3
336.5
336.8
337.0
338.0
338.5
338.9
339.1

.„_MLi
!
I
|
!

1

I
I
1
1
1
I
1
1

I
1
1
I

1
!

|
I
I
I

n PLUS
SAVING
AT CBS £
6HK P E P S
520.9
522.5
523.1
524.1
525.1
526.1
527.2
528.0
529.1
529.9
-530.8
531.7
531.9
534.6
535.7
535.8
537.0
537.3
538.1
538.3
539.1
538.7
539.5
539.6
541.0
541.3
543.2
543.8
545*9
546,4
547.4
548.1
548.4
549.4
551.2
552.6
553.6
554.1
554.7
555.5
556.8
557.1
557.3
557.2
557.7
558.0
558.3
558.5
559.7
560.3
560.6
561.2

MONEY STOCf C MEASURES, COMPONENTS , AND RELATED ITEMS
SEASQNALLY A D J l i £ I E D j . - M L L m N £ . f l £ - Q Q L L A R . S _
„ML
J
-IlM£-ANQlsAVINfiS-QE£Qii l l
J
L—
M2
11
Ml PLUS
DEMAND
|
M2 PLUS 1
CURRENCY
CTHER
OEPOSITS
COS
LARGE
TIME
SAVINGS !
EXCEPT
NEGOTI- I
TIME DEPS
11 IARGE CQS11 A B I E CDS 1
J_
L
1
808.0
225.5
1
745.0
204.3
"""^ 2 3 4 T ~
,
234.6 |
809.3
746.6
225.5 !
62
205.2
3.7
0
81.3
1
234.7
81.4
809.9
225.7 I
62.6
747.3
205.5 1
226.1
62.7
234.9 !
811.5
81.6
1
748.8
206.2
81.7
812.7
62.7
235.3
750.0
226.3
206.6
226.9
235.4 1
81.8
814.5
751.5
63.0
207.5
. 81.9
235.9 |
816.3
753.1
227.4
63.2
207.9
236.0
62.7
817.0
227.7 !
82.1
754.3
208.5
755.9
236.6
818.2
228.3
62.3
82.1
208.9 i
82.3
62.0
819.0
1
756.9
228.4
236.6
209.6
236.9
61.7
820.0
82.3
\
758.3 j
210.1 |
229.0
61.5
237.4
82.4
\
759.8
229.6
821.3
210.4
822.5
237.1
82.7
61.7
210.5
230.5
760.8 I
825.9
83.1
231.1
238.9
764.2 1
61.8
211.0
827.1
211.7
239.5 I
1
765.5
61.6
83.0
231.3
827.2
765.6
211.9 J
231.4
I
83.1
61.5
239.3
766.9
828.4
61.5
!
212.3
231.5
239.8
83.2
829.1
1
767.6
239.8
83.3
231.9
61.5
212.5
830.9
769.0 !
61.9
240.0
83. 5
213.0
232.5
769.7
832.1
1
239.9
62.4
83.6
213.1
233.0 I
833.9
1
771.2
83.7
62.6
240.5
213.2
233.8 1
240.4
834.7
772.0
62.7
1
83.8
i
212.9
235.0
836.5
I
773.5
240.7 1
83.9
235.7 I
213.2 1
63.0
837.4
1
774.2
84.0
240.5
213.4
63.2
236.3 1
1
776.4
839.9
1
241.4 !
84.2
213.6
237.1 1
63.5 i
I
777.3
241.5
84.5
841.0
237.8 i
63.7
213.5
844. 1 i
!
780.8
242.8
85.0
2 1 3 . 7 |!
239.3 1
63.3
782.5
845.6
243.2
63.0
84.8
214.0
240.5 1
848.1
l
785.0
244.7
240.9 !
85.0
63.1
214.4
786.0
244.4
849.2
85.2
63.3
I
215.0
241.3
850.7
786.9
244.5
85.4
63.8
215.7
241.4 I
787.9
244.4
852.0
64.0
241.7 1
85.5
216.3 !
788.6
852.8
64.1
85.6
244.2
216.8
242.1 1
854.4
790.1
244.7
85.7
217.1
64.3
242.5
856.5
792.3
246.0
85.9
242.9 1
64.3
217.5
793.9
857.9
246.4
86.1
64.0
218.2 t
243.2 i
859.0
795.2
246.7
63.8
86.3
218.6 t
243.5 i
795.9
859.7
246.9
86.5
63.8
218.7 I
243.7 1
797.3
|
247.3
861.8
64.5
86.7
218.8 1
244.5 I
798.7
864.1
.
247.7
65.3
86.8
219.0 1
245.2 1
800.7
248.4
866.5
87.0
245.9 1
65.8
219.4 1
801.6
868.1
248.6
66.5
87.2
219.4 I
246.5 I
802.3
248.6
869.9
247.1 1
67.5
87.3
219.4 1
802.9
871.5
248.4
87.5
68.5
219.3
247.8 1
804.2
873.9
69.7
248.7
87.6
248.6 I
219.3 1
805.1
248.7
875.8
70.6
87.8
219.4 1
249.2 i
806.0
877.6
248.8
71.6
219.5 1
87.9
249.8
806.6
248.9
878.8
88.1
72.2 |
219.5 1
250.1
807.9
249.7 1
880.5
219.6 1
72.5
88.3
250.3 !
808.7
249.9
88.5
882.0
219.7
73.3
250.4 1
809.2
74.1
219.6 1
250.3 I
88.6 1
883.3
250.7
]
810.6
250.3
885.1
74.5
219.8
88.8 |
251.6

Z

1

TOTAL

|

A
492.9
493.4
493.8
495.0
495,7
497.3
498.5
499.0
499.5
500.1
500.7
501.4
502.7
503.9
504.6
504.7
505.4
505.9
507.4
508.5
509.6
510.6
511.9
512.9
514.3
515.0
516.3
517.5
518.4
519.6
520.9
522.1
523.1
523.9
524.7
525.4
525.9
526.3
527.8
529.6
531.1
532.4
534.0
535.5
537.5
539.3
540.9
541.8
542.5
543.5
544.4
545.9

|
!
|
|
!
|
!
I
I
|
!
|
|
!
I
j
|
!
|
|
|
!
!
|
1
|
|
|
|
|
|
I
!
|
|
|
|
|
|
|
I
|
|
|
|
I
I
|
|
!
|
|

'.
1

1978

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
3CT
OCT
OCT
OCT
NOV
NOV
MOV
NOV
NOV
DEC
DEC
DEC
DEC




"
11
18
25
1
8
15
22
1
8
15
22
29
5
12
19
26
3
10 i
17 !
24
31
7
14
21
28
5
12 j
19 1
26
2
9
16
23
30
6
13
20
27
4
11
18
25
1
8
15
22
29
6
13
20
27

fciJ
OEMAND
DEPOSITS
PLUS
CURRENCY
340.8
341.3
341.9
342.1
342.2
342.1
342.3
342.4
342.4
342.5
341.8
343.5
344.3
344.7
346.7
347.4
348.8
351.6
349.8
350.0
350,2
352.2
353.0
352.8
352.3
353.0
355.1
354.4
353.1
354.7
355.3
356.3
357.4
357.6
356.3
360.3
361.1
361.4
362.0
361.3
362.3
362.8
359.9
361.2
361.5
361.1
360.8
360.3
361.3
361.2
361.3
361,1

1

1

1
1

Ml±
Ml PLUS
SAVING
AT CBS £
CHK PEPS
563.3
564.1
564.6
564.7
564.6
564.8
565.2
565.4
565.6
565.7
565.3
567.0
567.2
567.9
570.8
571.8
573.4
576.3
574.8
575.3
575.8
578.0
578.9
578.8
578.5
579.3
581.2
5 80.0
578.4
580.0
580.7
582.2
583.7
584.4
583.6
588.2
589.4
589.8
590.4
589.8
590.7
591. Q
587.9
588.7
588.6
587.9
587.0
586.3
586.9
586.7
586.4
585.9

TABLE
MONEY STOCK MEASURESt COMPONENTS r
SFASQNA1LY ADJUSTED. B I L L I O N S
I
M2
1
M4
1
.
Ml PLUS
M2 PLUS
CURRENCY 1
LARGE
TIME
NEGOTI1 EXCEPT
1 LARGE CDS1_ A f i l £ _ £ Q £ _
I
813.6
89.1 "
888.1
889.9
814.7 1
89.2
89.4 1
816.0
891.8
816.7 1
893.1
89.5 i
894.7
817.5 1
89.7
896.2
818.2
90.0 !
819.2
90.1 1
897.6
820.0
90.2
899.3
820.6
900.8
90.3 1
901.9
821.0
90.5 1
90.6 1
820.7
902.1
823.1
904.8
90.8
91.1 1
906.3
824.3
825.8
907.8
91.0 !
910.9
91.0 !
1
828.3
913.6
91.2 i
830.2
916.4
91.5 }
832.1
91.7
920.9
835.6
91.8 i
920.3
834.4
921.7
835.6
91.9 1
836.9
92.1 1
923.3
927.0
92.3 1
840.3
841.7
92.4 1
928,5
92.5
929.3
842.4
928.9
92.6 1
842.5
930.6 |
844.1
92.8 1
935.1
847.6
92.9 1
935.4
93.1
847.3
847.1
93.1 1
935.4
93.2 I
849.8
938.0
939.6
1
851.7
93.5 1
93.7
941.9
854.4
944.5
93.9 I
857.1
94.1 1
945.7
858.3
94.4 1
946.1
858.3
863.7
951.8
94.8 1
95.0
954.3
!
865.6
955.4
866.4
95.2 1
9 5.4
956.4
867.9
956.6
868.8
95.5
95.7 1
958.3
871.0
95.8
959.5
872.0
95.9
959.2
870.0
96.3 1
963.5
872.0
96.4
968.0
873.8
96.6 i
969.8
874*3
874.7
96.8
970.8
96.8
970.8
874.5
97.1
971.9
875.7
875.8
97.2 l
972.6
875.9
972.9
97.2
97.6 I
972.4
875.9

AND RELATED
OF DOLLARS

ITEMS
!llM£«AtiD-.SAVINGS_D£EQSII____

J
DEMAND
DEPOSITS

CDS

~ 2iiirr
52.1
252.5
252.6
252.5
252.2
252.2
252.1
252.2
252.1
251.3
252.7
253.2
253.7
255.7
256.3
257.3
259.9
258.0
258.1
258.2
259.9
260.6
260.3
259.7
260.2
262.2
261.3
260.0
261.5
261.9
262.6
263.5
263.4
261.9
265.5
266.1
266.3
266.6
265.8
266.7
266.9
264.1
264.9
265.1
264.6
264.0
263.5
264.3
264,0
264.2
263.5

i
1
1
!
1
1

OTHER
TIME DEPS

SAVINGS

___".

252Ti"""

75.2 I
75.8 |
76.5
77.3
78,0
78.4
79.2
80.2
80.9
81.4
81.7
81.9
82.1
82.6
83.3
84.3 \
85.4
85.9
86.1
86.4
86.7
86.8
86.9
86.4
86.4
87.5
88.1
88.3
88.2
87.8
87.5
87.4
87.4
87.8
88.1
88.7
89.0
88.5
87.7
87.3
87.5
89.2
91.5
94.2
95.5
96.1
96.2
96.3
96.8
97.0
96.4

252.8
253.6
254.2
255.1
255.7
256.2
256.9
257.3
257.5
257.8
258.5
259.4
260.3
259.9
260.9
261.3
261.8
262.2
263.0
263.6
264.8
265.4
266.2
266.6
267.5
269.1
270.0
271.5
272.6
273.8
274.9
276.1
276.7
277.5
273.2
279.0
279.4
280.4
282.0
283.2
284.0
285.0
286.3
288.2
289.4
290.8
291.3
291.9
292.3
292.7
293.3

J
|
1
1
1
j
|

1

I
1

1
1
I

I

1
I

1
!

220,3~ ™
220,6
220,5
220.3
220.2
220.4
220.7
220.8
220.8
221.0
221.1 J
221.1
220.6 I
220,8
221.7
221.9
222.0 I
222.1
222.4
222.6
223.0
223.3
223.3 1
223.4 i
223.5 1
223.7 t
223.4 I
222.9 [
222.5 1
222.6 1
222.6 \
223.1 1
223.5
224.0 1
224.5 i
225.1 1
225.5 1
225.6 f
225.5 [
225.5 1
225.5
225.2 I
225.0 1
224.5
224.0 I
223.8 [
223,1 I
222,9 I
?22.5 \
222.3 1
221.9 1
221.6 I

TOTAL

547T3
548.6
549.9
551.0
552.5
554.1
555.3
556.9
558.4
559.4
560.2
561.2
562.0
563.1
564.2
566.1
567.7
569.3
570.4
571.7
573.1
574.8
575.5
576.6
576.6
577.6
579.9
580.9
582.3
583.3
584.2
585.6
587.1
588.2
589.8
591.5
593.2
594.0
594.4
595.2
596.0
596.7
599.2
602.3
606.4
608.6
610.0
610.4
610.6
611.4
611.6
611.3

1
|

f
\
|
|
J
[
|
f
I
|
I
f
I
1
|
I
|
I
I
|
|
|
I
J
I
1
»
!
|
t
1
I
|
1
I
i
1
I
j
I
t
j
I
|
1
1
1
t
t
i
1
!

Ml

1959

*

JAN
JAN
JAN
JAN
FEB
FEB
PEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC

1

DEMAND |
DEPOSITS!
PLUS
U
CURRFNCYla
145.9 I
7
146,1 1
14
145.9 I
21
144.6 I
28
143.9 I
4
143.4 |
11
142.8 |
18|
141.3 1
251
141.7 |
4|
142.0 I
11
143.3 »
1PI
25|
141.1 I
141.2 I
1
141.8 !
8
143.4 |
15
143.9 I
22
29
143.2 1
142.6 I
6
142.3 1
13
141.P 1
20
141.3 I
?7
141.9 |
3
142.3 |
10
144.1 |
17
24
142.6 1
142.2 1
11
142.9 I
81
143.7 |
15
143.6 1
22 1
143.8 |
29 I
144.0 |
5
12
144.1 1
19 I
142.8 |
141.9 |
26
142.8 |
21
143.1 1
9
145.0 |
16
143.7 |
23
142.7 |
30
143.2 I
7
14 1
144.4 1
21
144.1 1
143.7 I
28
4
144.5 1
145.0 I
11 1
18 1 1 4 5 . 4 |
25
144.6 I
145.2 |
2
9
146.0 \
148.0 !
16 \
23 1 1 4 7 . 3 |
147.5 |
30

:
MONEV' STOCK M£ ASURES, C,OMPONENTS , AND REL.ATED ITEMS
H0J-^£ASQNALLY_AQJiJ5T£D J __filLLI2NS_DE_nQLLARS
QLMANn_n££GS_LLS
1
MZ
.
*te
I M1± 1
DOMESTICI
Ml PLUS! Ml °LUS
M2 PLUS
NON|
MEMBER
CURRENCY
TOTAL
LARGE
SAV - C B S I T I M E DEP
MEMBER 1
CK DEP| EXCEPT | NEGOTT-I
TH R I f T l . UG CpS
API F r.ns
L
1
J
19.4 I
9679""
211.5
I
211.5
29TcT" 1 1 7 . 0 1
28.7 i
19.4 I
97.3
117.4 1
211.6
I
211.6
19.4 |
97.2 1
28.5 1
211.5 |
1
211.5
117.4 1
19.1 I
96.5
28.3
116.3
210.3
1
210.3
19.0 I
95.9
209.6
115.6
28.3 I
I
209.6
114.9 ,
28.5
209.1
19.0 1
95.2
1
209.1
28.4 |
18.9 |
94.7
114.4
208.5
1
208.5
93.7
18.6 |
28.3 |
207.1
113.0 l
1
207.1
28.4
94.0
113.4
207.7
18.6 1
1
207.7
28.6
18.6 1
94.0
113.4
I
208.1
208.1
28.6
95.3
18f7 1
I
209.5
209.5
114.8 1
28.4
93.5
13.5 1
112.7
207.4
I
207.4
18.4 I
93.6
28.4
207.6
I
207.6
112.8
18.6 I
93.7
28.7
113.1
208.3
1
208.3
28.6
18.9 I
210.1
I
210.1
95.2
114.8
95.6
28.5
19.0 |
210.6
1
210.6
115.4
28.4
18.7 1
210.0
95.3
114.8
I
210.0
18.6 I
28.7
209.5
I
209.5
94.5
113.9
18.7 I
94.0
28.8 1
209.3
I
209.3
113.5
13.7 1
28.7
93.5
208.8
I
208.8
113.1 1
18.4 |
28.6
93.3
208.4
112.7
1
208.4
93.7
1
209.1
28.8
209.1
18.5 I
113.1
93.7
18.6 I
113.2
29.1
1
209.6
209.6
28.9
95.4 1
18.9 |
211.4
115.1
|
211.4
18.7 |
94.1
113.7
28.9
210.0
1
210.0
93.9 1
18.5 I
28.9
113.4
I
209.8
209.8 1
18.8 |
93.8
1
210.4
210.4
29.4
113.4
19.0 1
94.5
29.2 1
211.2
114.4
I
211.2 1
19.0 I
94.5
I
211.0
114.4
29.2
211.0
18.8 I
95.1 1
114.9
1
211.2 I
211.2 1
28.9
29.1
18.9 I
95.1 1
114.9
211.3
1
211.3
94.7 1
19.1 1
29.3
114.8
211.5
1
211.5
93.6 1
19.1 I
29.2
113.6
210.2
1
210.2
18.9 I
93.1 1
29.0
209.4
112.9
1
209.4
93.9 1
19.0 I
29.0
113.9
210.3
I
210.3 1
93.5 1
29.4
19.2 1
113.6
210.6
I
210.6
19.6 |
95.1 1
29.2 1
212.5
115.8
I
212.5
94.0 1
19.6 1
114.7
29.0
211.2 1
1
211.2
93.5 I
113.9 1
28.8 I
19.3 1
210.2 1
1
210.2 I
93.5 1
19.5 |
1
210.7
114.1
29.2
210.7 !
19.7 |
94.4 1
29.2 1
1
211.9 I
211.9
115.2
19.8 |
94.1 1
1
211.5 1
29. 1 1
115.0 !
211.5 1
28.9 !
1
211.1 1
19.6 |
114.9 1
94.2 1
211.1
19.6 I
1
211.8 1
94.8
29.0
115.6
211.8 I
19.9 |
94.7 1
115.8 1
29.3 |
1
212.2
212.2 I
94.9 1
1
212.1 1
20.1 I
29.2 1
116.2
212.1 1
94.4 1
19.9 |
29.2 !
115.4
211.1
1
211.1 1
94.8 1
29.3 1
211.6 1
19.9 I
1
211.6
115.9 !
29.6 I
95.3
19.9 |
116.4 1
212.5 1
1
212.5 I
97.3 1
29.4 1
118.6 1
214.6 1
20.1 I
I
214.6 1
96.5 I
29.5 I
20.1 1
117.8 !
1
214.0 1
214.0 >
29.6 1
20.1 1
96.5 1
I
214.4 1
117.9
214.4 !

INCLUDES SAVINGS DEPOSITS AT CQJflJEKCIAL BANKS PFIQR, TO 19.67.




l_3;i!A£-AND S A m i f i S -Q£EC$IJS_I
.
1 OTHER 1
CDS
1 TIME
| SAVINGSl
TOTAL | U . S . G C V T I
DEMAND |
1
DEPS* I

„J

65.6
65.6
65.6
65.7
65.7
65.7
65.7
65.8
65.9
1
66.1
1
66.2
1
66.2
1
66.4
1
66.5
1
66.7
1
66.7
1
66.8
I
66.9
1
67.0
1
67.0
I
67.1
1
67.2
I
67.3
1
67.4
1
67.4
1
67.6
1
67.5
1
67.5
1
67.5
1
67.4
1
67.4
I
67.4
I
67.4
1
67.5
1
67.5
1
67.5
1
67.5
1
67.5
1
67.5
1
67.5
1 * 67.4
1
67.4
1
67.3
I
67.3
1
67.2
1
66.7
1
66.5
1
66.4
1
66.5
1
66.5
I
66.7
I
66.8

1|
I
1
|
|
|
|
1
|
|
|
1
|
1
I
I
|
|
1
|
|
I
I
|
|
|
1
|
1
|
|
I
|
f
|
|
|
|
|
|
|
|
[
|
1
[
1
1
1
1
|
|

L
1
I
I
1
1
I
1
1
1
1
I
1
I
1
I
I
1
1
I
1
1
I
I
I
1
I
1
I
I
!
1
1
1
!
I
1
1
1
I
1
|
I
1
1
!
1
I
f
1
1
1

65.6
65.6
65.6
65.7
65.7
65.7
65.7
65.8
65.9
66.1
66.2
66.2
66.4
66.5
66.7
66.7
66.8
66.9
67.0
67.0
67.1
67.2
67.3
67.4
67.4
67.6
67.5
67.5
67.5
67.4
67.4
67.4
67.4
67.5
67.5
67.5
67.5
67.5
67.5
67.5
67.4
67.4
67.3
67.3
67.2
66.7
66.5
66.4
66.5
66.5
66.7
66.8

1

1
1
1
!

I
|

I
1

1
1
1
1
1
1

I
1
1
1
1
1
1
1
1
1
1
I
I
1

3.9
2.3
1.7
4.3
4.7
4.0
4.3
4.3
4.1
3.0
3.0
5.1
3.6
6.2
4.6
4.0
3.9
4,9
4.9
5.9
5.4
4.7
3.5
3.3
4.7
4.5
3.8
*.9
6,0
5,0
5.0
3.8
4.8
6.1
5.8
5.0
4.0
5.5
6.0
5.5
3.7
4.4
5.6
5.6
4.6
4.7
4.6
4.3
5.2
4.2
5.4
5.0

1

1
|
|
|
|
I
1
I
I
1
|
1
|
|
|
1
|
1
|
1
|
|
I
1
|
|
I
!
!
1
I
I
I
|
«
t
1
1
|
\
|
|
I
I
1
I
|
1
t
1
|
I

TABLE 5
MONEY STOCK MEASURES, COMPONENTS, AND RELATED ITEMS
NQT.SEASQNALLX-AlLlUSIEflt B I L L I O N S QF... DOLLARS-.—,.

L MI
1 .,;; M1± J M2.
fi&
I OEMANO | Mi PLUSI Ml PLUS M2 PLUS
LARGE CURRENCY
DEPOSITS! SAV -CBSITIME DEP
NEGOTIPLUS
\t CK DEP| EXCEPT
Cl/RRENCYja TflRiFTl .LG-CPS. ABLE CDS
214.6
I 214.6
i960 JAN _ .
— —
147.4 |
29.0
214.2
JAN 13
I 214.2
147.3 I
28.7
213.7
147.1 I
1 213.7
JAN 20
28.5
145.6 I
212.1
1 212.1
JAN 27
23.5
144.8 I
I 211.5
FEB 3
211.5
28.7
210.6
1 210.6
144.0 |
FEB 10
143.5 |
28.6
210.1
1 210.1
FEB IT
141.5 |
28.6
I 208.1 1 208.1
FEB 24
MAR 2
I 208.5
141.8 |
28.5
208.5
208.7
I 208.7
28.8
MAR 9
141.9 »
209.8
! 209.8
142.8 I
28.8
MAR 16
28.7
I 208.6
208.6
141.5 |
MAR 23
207.7
1 207.7
140.5 [
MAR 30
23.5
28.9
207.9
APR 6
1 207.9
140.6 |
142.4 f
209.8
I 209.8
APR 13
29.0
28.8
144.6 |
APR 20
1 212.0
212.0
APR 27
28.5
1 211.1
143.6 |
211.1
28.6
142.5 |
MAY 4
210.1
1 210.1
28.9
209.4
I 209.4
141.6 I
MAY 11
140.9 |
208.7
1 208.7
MAY 18
28.8
28.7
139.5 |
I 207.3
207.3
MAY 25
207.7
\
207.7
139.8 |
28.8
JUN 1
29.0
208.3
I 208.3
JUN 8
140.3 I
141.9 |
28.9
210.1 1
I 210.1
JUN 15
28,9
210.0
141.6 |
JUN 22
I 210.0
140.7 |
JUN 29
28.7
1 209.3
209.3
140.4 I
29.3
209.3
I 209.3
JUL 6
141.5 |
29.3 1
210.5
I 210.5
JUL 13
29.1
142.6 f
JUL 20
211.7
! 211.7
28.9
211.9
142.6 |
1 211.9
JUL 27
143.1 |
1 212.5
AUG 3
212.5
29.0
212.9
I 212.9
143.3 !
29.3
AUG 10
212.7
1 212.7
142.8 |
29.1
AUG 17
29.0
211.9
I 211.9
141.7 J
AUG 24
212.4
[ 212.4
142.0 !
AUG 31
28.8
142.7 |
29.3
!
213.2
SEP 7
213.2
1 215.1
144.5 I
215.1
SEP 14
29.2
29.1
216.1
I 216.1
145.4 |
SEP 21
142.6 |
28.8
1 213.5
SEP 28
213.5
29.0
213.7
142.6 I
OCT 5
1 213.7
143.7 f
29.3
1 215.0
OCT 12
215.0
145.1 |
OCT 19
29.2
1 216.5
216.5
1 216.7
145.1 |
29.0
216.7
OCT 26
145.6 |
NOV 2
1 217.3
28.9
217.3
145.4 |
29.3
I 217.2
NOV 9
217.2
146.1 I
217.7
1 217.7
NOV 16
29.3
29.3
I 216.5
145.1 |
NOV 23
216.5
145.4 |
NOV 30
1 216.8
216.8
29.3
29.5
217.8
I 217.8
146.2 I
DEC 7
I 220.0
148.1 I
220.0
29.5
DEC 14
29.6
221.6
I 221.6
149.5 |
DEC 21
29.7
147.9 I
I 220.3
220.3
DEC 281

* INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1 9 6 7 .


DEMAND D££DSJ.IS__
TOTAL

IT8~"

118.3
118.3
117.0
116.3
115.2
114.9
112.9
113.4
113.0
114.1
112.8
112.0
111.7
113.4
115.7
115.1
113.8
112.7
112.2
110.8
111.0
111.2
113.0
112.7
112.0
111.1
112.2
113.5 1
113.7
114.1
114.0
113.7
112.7
113.2
113.5 1
115.3 I
116.3
113.8
113.6
114.5
115.9
116.2
116.7
116.1
116.8
115.8
116.2
116.6
118.6
119.9
118.2

MEMBER

--——
96.7
96.9
96.1
95.5
94.4
94.1
92.5
93.0
92.7
93.7
92.6
92.1
91.8
93.1
95.1
94.8
93.6
92.5
92.0
91.0
91.3
91.2
92.8
92.6
92.1
91.2
92.0
93.1
93.5
93.9
93.6
93.3
92.5
93.0
93.1
94.5
95.5
93.3
93.0
93.6
94.8
95.2
95.6
94.8
95.3
94.5
94.9
95.3
96.7
98.1
96.6

L

DOMESTIC 1
NHN|
MEMBER I

L

1

1

1
1
!

_

1

20.3 |
20.4 !
20.3 !
19.9 !
19.7 !
19.7 !
19.6 !
19.3 !
19.2 I
19.2 I
19.2 |
19.1 I
18.8 !
18.9 1
19.3 |
19.5 |
19.3 !
19.1 1
1^.1 !
19.1 I
18.7 !
18.7 !
18.9 !
19.1 !
19.0 !
18.7 1
18.7 !
19.2 |
19.3 !
19.1 !
19.1 !
19.3 !
19.3 !
19.1 !
19.1 |
19.2 !
19.7 J
19.7 !
19.4 !
19.4 !
19.8 !
20.0 !
19.9 1
19.9 I
20.1 !
20.3 !
20.2 !
20.1 !
20.1 !
?0.4 !
20.6 !
?0.5 I

TIME AND SAVINGS DFPnsTts
! OTHER 1
CDS I TIME | SAVINGS! TOTAL
! DEPS* !
|
!
!
f
!
!
1
I
!
I
1
!
!
»
!
!
!
!
!
!
!
1
!
!
!
(
!
I
!
!
|
!
!
!
1
!
!
I
1
»
!
1
I
1
!
!
!
!
1
!
1
1

6iZT"I
66.9 |
66.7 !
66.6 |
66.6 I
66.6 |
66.6 I
66.7 !
66.6 !
66.8 I
67.0 !
67.1 |
67.2 !
67.3 I
67.5 |
67.4 !
67.5 |
67.6 I
67.7 |
67.8 !
67.9 |
67.9 !
68,1 1
68.2 !
68.3 !
68.6 !
68.9 !
69.0 j
69.1 !
69.2 I
69.4 !
69.6 1
69.9 !
70.2 f
70.4 |
70.4 I
70.7 !
70.8 !
70.9 »
71.1 !
71.3 !
71.4 1
71.6 !
71.7 !
71.8 I
71.6 !
71.4 !
71.4 !
71.6 !
71.8 1
72.1 1
72.4 |

L

1
I
I
!
I
|
I
|
|
!
1
t
1
I
!
\
!
!
!
1
!
1
1
1
I
I
!
!
!
!
!
!
!
I
!
!
!
!
!
!
1
1
j
!
I
1
!
1
!
1
!
!

L

1

1

U.S. GOVTf
OEMAND !

1

67.1 |
66.9
66.7 1
66.6
66.6
66.6
66.6 1
66.7
66.6
66.8
67.0
67.1
67.2
67.3
67.5
67.4
67.5
67.6
67.7
67.8
67.9
67.9
68.1
68.2
68.3 1
68.6 1
68.9 1
69.0 1
69.1 1
69.2 1
69.4
69.6
69.9 1
70.2 1
70.4 1
70.4 1
70.7 1
70.8 1
70.9 1
71.1 1
71.3 »
71.4 1
71.6 !
71.7 1
71.8 1
71.6 1
71.4 1
71.4 »
71.6 1
71.8 !
72.1 1
72.4 1

1

4.8
4.4
3.8
3.4
4.1
3.7
3.8

1
\
1
!
!
!
!

4.6

}

4.5 I
4.0 f
3.3 !
5.2 !
4.7 !
4.1 I
2.3 !
3.6 \
4.1 I
5.4 1
5.8 |
6.4 |
6.9 !
6.9 \
6.4 |
5.1 I
7.0 »
6.6 !
7.2 !
5.6 |
7.6 I
6.6 I
6.5 I
6.0 !
6.1 !
6.5 I
5.5 I
5.1 !
3.6 !
4.9 »
7.3 1
7.8 1
5.5 I
4.3 |
5.4 1
6.2 !
6.0 I
5.4 !
6.0 !
5.6 f
4.9 !
3.2 I
4.2 I
5.9 |

TABLE 5
MONEY STOCK MEASURES, COMPONENTS,

Mi

L.

Mi ±

J

M2

!

M4

DEMAND I Ml PLUSI Ml PLUS
D E P O S I T S ! SAV - C B S I T 1 M E DEP
PLUS
U CK DEPl EXCEPT

J.

M2 PLUS
LARGE
CURRENCY
NEGOTI-

£ilBRfty:2la_I]d RIEI1_JJS_£DSJLAJBL£_XDJ$J
1 ° 6 1 JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
J UN
JUN
JUN
JUL
JUL
JUL
^UL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
DEC
OEC
DEC
DEC

4
11
18|
25
1
8
15
22
1
8
15
22
29
5
12
19
26
3
10
17
24
31
7
14 1
21
28
5
12
19 1
26
2
9
16
23
30
6
13
20
27
4 1
11
18 i
25 1
11
8 1
15 1
22 1
29 1
6 !
13
20 1
27

148.4
148.0
148.1
147.6
146.7
146.0
145.6
143.9
143.5
143.7
144.6
144.9
143.4
143.4
145.2
146.8
146.5
145.8
145.0
144.5
143.1
143.2
144.1
145.8
145.6
143.6
143.9
144.7
145.4
145.3
145.6
145.6
145.6
144.0
144.1
145.2
147.0
148.2
145.9
145.9
146.8
148.6
148.6
149.1
149.5
150.5
149.7
149.7
150.7
152.1
154.3
153.2

|
I
!
1
|
'
!
!
I
!
!
!
!
|
!
|
|
I
1
1
I
I
|
1
|
I
|
|
f
I
I
|
I
f
1
|
1
!
|
I
1
1
I
I
I
I
|
1
I
1
1
1

I
1
I
1
1
f
I
1
\
I
1
1
*>
|
{
|
}
I
1
1
1
1
1
I
1
1
I
1
I
1
1
1
I
I
1
1
1
I
1
I
1
1
1
1
1
1
1
1
I
1
!
1

221.3
220.8
221.1
220.8
220.1
220.2
219.9
218.4
218.1
218.5
219.6
219.9
218.7
218.9
220.9
222.7
222.4
222.1
221.6
221.2
220.1
220.4
221.5
223.2
223.1
221.3
222.0
222.8
223.6
223.7
224.1
224.2
224.3
222.7
222.8
224.0
226.0
227.3
225.0
225.3
226.3
228.0
228.1
228.6
228.9
229.8
228.6
228.5
229.6
231.1
233.2
232.3

!
|

!

1
I
1

221.3
220.9
221.2
220.9
22 0 . 3
220.4
220.2
218.7
218.4
218.9
220.1
220.3
219.2
219.5
221.5
223.3
223.1
222.8
222.4
222.1
221.0
221.3
222.4
224.2
224.1
222.4
223.2
224.0
224.9
225.0
225.5
225.6
225.9
224.3
224.4
225.7
227.8
229.1
226.9
227.2
228.3
230.1
230.2
230.8
231.2
232.2
231.1
231.1
232.2
233.8
236.0
235.1

I
|

1
I

I
1
1

* INCLUDES SAVINGS DEPOSITS; AT COMMERCIAL BANKS PRIOR, TO 19.67.




AND RELATED

ITEMS

-fiJJLLlQNS-flE-MJJLAESDE& UIQ-DIEDI] LIS

2
29
9 .. 23
28.8
28.5
28.4
28.7
28.7
28.6
28.4
28.8
28.7
28.7
28.5
28.8
28.8
28.7
28.5
28.6
28.9
28.8
28.7
28.6
29.0
29.0
28.9
28.7
29.2
29.4
29.2
29.0
29.0
29.4
29.3
29.2
29.0
29.4
29.4
29.3
29.1
29.2
29.6
29.5
29.3
29.2
29.7
29.7
29.8
29.8
30.0
30.2
30.2
30.4

MEMBER

TOTAL

il97F~

118.8
119.3
119.0
118.3
117.3
116.9
115.4
115.2
114.9
115.9
|
1 . 116.2
114.9
|
114.7
116.4
118.2
118.0
117.2
116.1
115.7
114.4
114.6
115.2
116.8
116.7
114.9
114.8
I
115.3
116.3
116.3
116.7
116.2
116.4
114.8
115.1
1
115.8
117.5
118.9
116.8
116.7
117.2
119.0
119.3
1
119.9
119.8
1
120.9
1
119.9
I
119.9
120.7
121.9
124.1
1
122.8

I
DOMESTIC|
NONMEMBER

1
1
1
1
1
|
I

97.3
96.9
97.3
97.4
97.0
96.0
95.6
94.3
94.3
94.1
95.0
95.3
94.3
94.0
95.3
97.0
97.0
96.3
95.2
94.9
93.8
94.2
94.5
95.9
95.9
94.4
94.2
94.4
95.2
95.4
95.9
95.2
95.4
94.0
94.4
94.8
96.1
97.3
95.6
95.4
95.7
97.2
97.6
98.2
97.7
98.6
97.6
97.8
98.5
99.5
101.6
100.2

.L
1

I

1
1

!
1
1
1

I
1
1
I
1

20.7
20.7
20.8
20.5
20.2
20.2
20.2
20.0
19.7
19.6
19.7
19.7
19.4
19.5
19.8
20.1
19.9
19.7
19.7
19.7
19.4
19.3
19.5
19.7
19.6
19.3
19.3
19.7
19.8
19.6
19.6
19.8
19.8
19.6
19.5
19.7
20.2
20.4
20.1
20.0
20.4
20.7
20.6
20.6
20.9
21.2
21.1
21.0
21.0
21.3
21.5
21.5

J

1
1

1
1
1
i

1
1
1
1
!
!
1
!
1
1
1
1

IIUf-AUD-SAYU^S-QEEaSlIS
j ". ~
7
|
OTHER |
I
CDS
U.S.GOVT!
TIME
| SAVINGS!
TOTAL
DEMAND !
DEPS* !

1
o.o 1
0.1
0.1
0.1
0.2
0.2
0.3
0.3
0.3
0.4
0.4
0.5
0.5
0.5
0.6
0.6
0.7
0.7
0.8
0.8
0.9
0.9
1.0
1.0
1.1
1.1
1.2
1.2
1.3
1.3
1.4
1.4
1.5
1.6
1.6
1.7
1.8
1.8
1.9
2.0
2.0
2.1
2.2
2.2
2.3
2.4
2.5
2.5
2.6
2.7
2.8
2.9

!
1
1
|

1

1

1
1

72.8
72.9
73.0
73.2
73.4
74.2
74.4
74.5
74.6
74.8
75.0
75.0
75.2
75.5
75.7
75.8
75.9
76.3
76.6
76.8
77.0
77.2
77.4
77.4
77.5
77.7
78.1
78.1
78.2
78.4
78.5
78.6
78.7
78.7
78.7
78.9
79.0
79.1
79.1
79.3
79.5
79.4
79.4
79.4
79.4
79.3
78.9
78.9
78.9
79.0
78.9
79.1

1

I
!
!
|
!
!
|
!
!
I
!
!
!
J
!
1
!
!
|
!
I
|
!
!
»
|
|
1
!
!
!
I
|
|
!
!
!
|
I
!
(
|
!
I
!
!
!
!
!
!
I
I

J
!
1
1
!
!
!
1
1
1
!
!
1
»
I
!
!
1
!
1
!
!
1
!
I
I
!
I
!
!
1
1
!
!
1
1
!
1
j
1
1
!
1
I
I
1
!
»
1
1
I
1
1

72.9
72.9
73.1
73.3
73.6
74.4
74.6
74.8
74.9
75.2
75.5
75.5
75.7
76.0
76.3
76.5
76.6
77.0
77.4
77.6
77.9
78.1
78,3
78.4
78.6
78.8
79.3
79.3
79.5
79.7
79.9
80.0
80.2
80.3
80.4
80.6
80.8
80.9
81.0
81.3
81.5
81.5
81.6
81.7
81.7
81.7
81.3
81.4
81.6
81.7
81.7
81.9

5T5"!

J

1

1

1
1
I
1
1
1
1
1
1
1
1
1
1

4.7
3.5
3.3
3.8
4.3
3.7
5.8
5.7
5.3
3.6
5.3
4.6
4.5
3.2
2.1
1.9
3.2
3.9
4.5
5.8
5.0
4.0
2.2
5.7
5.7
6.1
4.5
3.1
2.8
6.0
5.1
4.8
6.1
5.6
5.4
3.6
4.4
5.9
8.1
6.2
6.9
6.2
5.6
5.8
4.8
6.5
6.1
5.4
3.5
4.1
6.1

I
!
\
!
!
!
|
|
!
!
!
!
!
!
I
!
!
J
!
|
!
!
!
!
|
!
!
!
!
!
1
!
!
!
!
|
!
!
!
j
J
1
|
f
1
I
!
!
!
1
|

1962

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
J UN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
OEC

MONEY STOCK MEASURES, COMPONENTS, , AND RELATED ITEMS
flHT SFASnNAMV ADJUSTED. B I L L I O N S OF DOLLARS
J
M4
BX
1 r fti±
Q£Mi\N0. DEEDS- LIS
L_ MZ
.
DOMESTIC
M2 PLUS
DEMAND | Ml PLUSl Ml PLUS
MEMBER
NONTOTAL
CURRENCY
LARGE
I D E P O S I T S I SAV - C B S I T I M E DEP
MEMBER
NEGOTIPLUS
f& CK DEP| EXCEPT
iCURRWYJq) TH R I F T 1 Lf, CDS ABL.E CpS :
124.4
30.0
236.6
I
233.8
2l79~
3
154.3 I
ToT73~
22.0 1
100.3
29.9
123.4
236.2
I
233.3
10
153.3 I
21.9
123.5
29.6
100.5
236.7
I
233.8
17
153.1 |
122.6
29.3
236.0
21.7 1
99.8
I
233.0
152.0 1
24 1
121.8
29.0 |
21.3
99.4
235.3
1
232.3
31 1
150.9 |
121.1
29.4
235.4
I
232.3
98.6
21.4 1
7
150.5 I
29.5
21.5
120.5
98.0
235.4
14
1
232.3
149.9 I
118.8
29.4
1
230.8
234.0
96.5
21
21.3
148.2 |
118.4
21.1
96.2
29.2
233.8
1
230.6
28
147.6 |
1
232.0
7
118.7
29.6
235.2
148.3 |
96.5
21.2
148.9 |
119.2
236.4
1
233.1
21.3 1
96.8 |
29.6
14
237.1
|
233.7
29.6
119.6
149.3 |
97.3
21
21.2
20.9
f
231.9
146.9 I
95.4
117.5
29.4
235.3
28
118.0
29.6
236.3
I
232.8
21.0
95.8
4
147.6 1
238.6
21.4
30.0
1
235.1
119.5
11 1 1 4 9 . 5 I
96.9
98.9
29.8
21.7
121.8
240.8
I
237.2
151.6 I
18 1
21.6
29.6
121.6
240.5
1
236.9
98.9
25
151.2 I
29.5
120.5
239.4
21.3 1
98.1
1
235.7
2
150.0 1
30.0
238.8
9
96.8
I
235.0
149.2 |
119.2
21.3 1
96.4
118.8
29.8
21.2 1
238.6
148.6 |
1
234.7
16
236.5
20.9 1
116.6
94.5
29.8
I
232.6
146.3 f
23
20.6 1
116.4
94.6
29.6
1
232.6
146.0 |
30
236.5
117.5
30.0
20.8
95.4
238.2
I
234.3
147.5 |
6
118.6
21.1
96.3
30.1
1
235.8
239.7
148.7 1
13
21.0 i
97.0
119.2
30.0
I
236.3
149.2 1
240.3
20
20.6 1
117.1
146.9 |
27
95.2
29.8
238.3
1
234.2
116.9
95.1
20.6
?0.2
I
234.8
239.0
147.1 |
4
147.o J
21.0 1
95.0
117.3
30.6
239.9
1
235.6
11
95.8 !
118.3 i
30.4
240.8 1
I
236.5
21.2 1
18 1 1 4 8 . 7 I
21.0 I
30.2
118.1
240.6
148.3 |
96.0
I
236.2
25
96.7
118.6 1
20.8 1
30.0
241.0
I
236.6
148.6 |
1
30.5
241.4
1
236.8
8
21.0 |
118.3
148.8 I
96.2
95.8
118.0 1
30.4
148.4 |
241.2
15
21.1 1
1
236.6
30.4
20.8 1
239.4
146.4 |
94.1
116.0 1
1
234.7
22
20.6 1
146.1 |
116.0
94.4
239.4
1
234.6
29
30.1
30.4 1
1
235.8
20.8 1
94.8
116.7
240.5
147.0 f
5
96.0
118.4 !
30.5
21.3 1
1
237.7
148.9 |
12
242.5
I
238.7
149.7 |
96.9
30.3
21.6
119.5
243.5
19
21.3 1
95.5
117.8
147.9 |
30.1
1
237.0
241.9
26
3
I
237.9
148.4 |
21.3 I
95.8
30.2
242.7
118.2
148.8 |
21.6 1
95.6
118.2
30.6
!
238.7
243.6
10
21.9 1
17
97.0
119.9
30.5
I
240.4
245.3
150.4 |
24
21.9 1
97.3 1
30.4
245.7
1
240.7
150.6 \
120.2
21.7 1
121.0
98.2
30.2
311
246.6
1
241.5
151.2 I
151.7 !
7
98.1
30.7
22.0 1
121.0
1
242.0
247.2
121.4
22.2 1
98.2
30.8
247.8
152.3 I
14
1
242.5
30.9
151.9 |
97.6 1
121.0
247.1
1
241.7
21
22.3 1
120.9
30.8
22.2 !
97.7
151.7 I
28
247.2
I
241.7
30.9
121.6
1
242.8 I
248.4
152.5 I
5
98.5
22.1 1
122.7
31.3
99.4 I
22.3 f
154.0 J
12
I
244.6
250.3
124.9
22.5 I
31.2
156.1 I
101.3 !
|
247.0
252.8
19
124.5
155.9 J
22.5 I
101.0
31.4
253.0
!
247.2
26

 * INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1967.


"~TTME~AND~SAVINGS~ QE£GS1I£
OTHER |
CDS
TIME
1 SAVINGS|
TOTAL
DEPS* 1

1

2.8
2.9
2.9
2.9
3.0
3.1
3.1
3.2
3.2 1
3.3
3.3
3.4
3.4
3.5
3.5
3.6 \
3.6
3.7
3.8
3.3
3.9
3.9
3.9
4.0
4.0
4.1
4.2
4.3
4.3
4.4
4.5
4.6 1
4.6
4.7
4.8
4.7
4.7 I
4.8
4.9
4.8
4.9
5.0
5.0
5.1
5.2 I
5.3
5.4
5.4 1
5.6
5.7
5.7 1
5.8 1

79.5
80.0
80.7
81.1
81.4
81.8
82.4
82.7
83.0
83.6
84.2
84.5
84.9
85.2
85.6
85.6
85.7
85.7
85.9
86.1
86.3
86.6
96.8
87.0
87.1
87.3
87.6
87.8
87.9
87.9
87.9
88.0
98.2
83.3
88.5
88.8
88.8
89.0
89.1
99.5
89.8
90.0
90.1
90.2
90.3
90.3
89.9
90.0
90.2
90.6
91.0
91.3

J

I
1
|
\
I
|
t
i
I
1
1
1
1
1
I
I
I
I
|
I
|
|
|
1
I
1
1
1
I
1
1
1
I
I
\
|
1
f
|
!
1
1
I
1
|
1
|
1
1
I
1
|

p

"

f

\
t
I
(
1
1
|
(
I
I
|
1
I
I
I
I
1
I
|
|
I
|
I
|
1
I
I
I
1
1
1
1
I
\
I
1
f
\
I
1
1
I
1
1
1
1
I
\
1
I
j

I
U. S. GOVT I
DEMAND |

67o"|

te~\

82.8
83.6
84.0
84.4
84.9
85.5
85.8
86.2
86.9
87.5
87.8
88.3
88.7
89.2
89.2
89.3
89.4
89.6
89.9
90.2
90.5
90.7
91.0
91.1
91.4
91.9
92.0
92.2
92.3
92.4
92.6
92.8
93.0
93.2
93.5
93.6
93.8
94.0
94.3
94.7
94.9
95.2
95.4
95.5
95.6
95.2
95.4
95.8
96.3
96.7
97.1

1

1
1
1
1.
1
\
!
1
1
1
1
1
1
i
1
1
1
!
i
1
1
1
!

4.6
3.1
2.9
3.8
4.7
3.7
5.1
5.1
5.0
3.2
4.8
6.7
6.1
3.7
2.5
3.4
4.8
6.2
6.4
8.0
7.5
7.1
5.3
6.7
8.6
9*4
8.1
6.6
6.0
5.8
5.6
5.0
8.4
7.9
7.8
6.1
6.3
8.1
8.2
8.9
7.4
6.9
5.9
6.1
4.8
6.7
6.6
6.3
4.5
4.6
6.5

|
I
I
I
|
f
I
I
I
I
f
|
|
I
!
f
|
|
I
|
|
|
I
f
|
|
I
\
|
1
\
|
|
I
I
|
I
|
1
|
I
I
|
I
!
|
!
|
!
|
|

TABLE 5
MONEY STOCK MEASURES, COMPONENTS5, AND R E H T ^ O ITEMS
NDT_S£ASQNALLY^ADJL)SIED A _BlLLlDNS_DE„QQLLAfiS
1
M2
Ml . |
Mi ±
1
M.
j.
.
OEM,kN£_H££QS.LIS
DEMAND I Ml PLUSI Ml PLUS! M2 PLUS
DOMESTIC|
LARGE
MEMBER
TOTAL
NONCURRENCY
D E P O S I T S ! SAV - C 9 S I T I M E DEP
MEMBER
NESCTIPLUS
U CK DEP| EXCEPT

£UBEfU£:d.a_ifcj RI£Il_L£_£HS_. LABJL£_£HSJ
1963

*

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAP
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC

2
9
16
23
30
6
13
20
27
6
13
20
27
3
10
17
24
1
8
15
22
29
5
12
19
26
3
10
17
24
31
7
14
21
28
4
11
18
25
2
9
16
23
30
6
13
20
27
4
11
18
25

1

1

1
I

157,1
156.1
156.3
155.3
153.5
153.6
153.0
151.3
149.8
150.9
151.5
152.2
149.9
150.3
151.8
154.5
154.3
153.3
152.5
152.0
149.9
149.8
150.9
152.2
153.1
150.9
151.7
152.2
153.6
153.5
153.4
154.0
153.6
151.7
151.2
152.5
154.2
155.8
153.7
153.5
154.9
156.3
156.5
156.8
158.5
159.8
158.4
157.6
159.1
159.8
161.8
161.4

i
I
I
|
|
1
!
I
I
I
I
I
|
|
|
!
|
!
|
|
|
|
|
1
|
|
|
I
I
1
|
|
I
|
1
I
|
1
I
I
|
I
I
|
1
\
|
1
I
|
|
|

I
1
I
1
I
1
I
!
1
1
I
|
1
I
1
1
1
1
I
1
I
1
1
1
I
1
1
1
1
I
1
1
1
1
1
I
1
1
1
I
1
I
1
1
1
1
1
1
1
!
!
1

249.0
248.4
249.0
248.3
246.8
247.1
246.7 I
245.3
244.1
24S.6
246.7
247.7
24^.6
246.3
248.1
250.7
250.6
249.7
249.1
248.9
247.1
247.3
248.5
249.9
250.8
248.7
249.8
250.3
251.9
251.9
252.1
252.9
252.6
251.0
250.6
252.4 1
254.1
255.8
253.5
253.9
255.4
257.1
257.4
258.1
259.8
259.9
259.4
258.8
260.2
261.1
263.2
262.6 1

254.7
254.2
254.8
254.1
252.7
253.1
252.9
251.5
250.4
251.9
253.1
254.2
252.1
253.0
254.8
257.5
257.4
256.7
256.2
256.1
254.4
254.5
255.8
257.3
258.3
256.2
257.4
258.0
259.7
259.8
260.1
261.0
260.9
259.3
259.0
260.6
262.4
264.1
262.0
262.3
263.9
265.7
266.1
266.8
268.8
268.9
268.5
268.0
269.6
270.7
272.8
272.4

L
1.9
0
30
30.6
30.5
30.2
30.5
30.6
30.5
30.4
30.7
30.9
30.8
30.6
30.8
31.2
31.0
30. 8
30.6
31.2
31.1
31.1
30.9
31.3
31-5
31.4 1
31.2
31.6
32.1
31.8
31.7
31.5
31.9 1
32.0
31.9
31.7
31.9 1
32.2
32.0
31.8
31.7
32.3
32.2
32.2
31.9
32.3 1
32.7
32.6 1
32.6
33.0
33.3
33. 1
33.3

INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1967.




1 2 65 . 21
125.7
124.8
123.4
123.2
122.4
120.8
119.4
120.3
120.6
121.4
119.3
119.5
120.6
123.5
123.5
122.7
121.3
120.9
118.8
119.0
119.5
120.7
121.7
119.7
120.1
120.1
121.8
121.8
121.9
122.1
121.6
119.8
119.5
120.6
122.0
123.8
121.9
121.8
122.5
124.1
124.3
124.9
126.2
126.1
125.8
125.0
126.1
126.6
128.7
128.1

1
1
1
1
!
1
1
1

1

I
1

102.2
101.0
101.5
100.9
100.0
99.8
98.9
97.7
96.5
97.2
97.5
98.3
96.4
96.7
97.5
99.9
99.9
99.5
98.1
97.6
95.9
96.3
96.7
97.5
98.4
96.8
97.1
96.7
98.2
98.4
98.8
98.6
98.2
96.6
96.6
97.5
98.3
99.9
98.4
98.3
98.6
99.9
100.1
100.8
101.8
101.4
101.0
100.6
101.4
101.8
103.8
103.2

1

1

1
1

1
1

1

1

I
CDS

J
22.8
23.1
23.0
22.9
22.3
22.3
22.4
22.1 1
21.8
22.0
22.1
22.1
21.8
21.8
22.1
?2.5
22.5
22.1
22.1
22.2
21.9
21.6
21.8
22.1
22.2
21.8
21.9
22.3
22.5
22.4
22.1
22.3
22.5
22.2
22.0
22.2
22.7
22.9
22.6
22.5
22.9
23.3
23.3
23.1
23.4
23.8
23.8
23.4
23.7
23.8
24.0
23.9

"*!

I1M£_AND_MY1U£,S_ 0££fllll£

7
55 .. 7
5.8
5.8
5.9
6.1
6.2
6.2
6.3
6.3
6.4
6.5
6.5
6.6
6.7
6.8
6.9
7.0
7.1
7.1
7.2
7.3
7.3
7.4
7.4
7.5
7.7
7.7
7.8
7.9
8.0
8.2
8.3
8.3
8.4
8.2
8.3
8.4
8.5
8.4
8.5
8.6
8.7
8.7
8.9
9.0
9.1
9.2
9.5
9.5
9.6
9.7

OTHER
TIME
DEPS*

|
|
!

9?7o I
92.3 !
92.7 |
93.0 f
93.3 !
93.4 |
93.8 I
94.0 I
94.3 |
94.7 I
95.2 I
95.5 !
95.7 I
96.0 I
96.2 i
96.2 I
96.3 !
96.4 I
96.7 |
96.9 !
97.2 f
97.4 |
97.6 |
97.7 J
97.8 j
97.8 I
98.1 I
98.1 |
98.3 |
98.5 |
98.7 |
98.8 J
99.0 |
99.2 !
99.4 |
99.8 !
99.9 !
100.0 1
99.8 I
100.3 !
100.6 |
100.8 |
100.9 |
101.3 |
101.3 |
101.2 1
101.0 |
101.2 f
101.0 I
101.3 1
101.4 I
101.2 I

SAVINGS!

TOTAL

U . S . GOVT!
DEMAND !

L
!
!
!
!
I
1
1
1
1
!
1
!
!
1
!
!
!
1
1
!
I
1
I
!
I
1
1
!
!
!
1
1
1
I
1
!
»
I
1
1
1
1
!
1
1
1
1
1
I
1
!
1

97.6
98.1
98.5
98.9
99.2
99.5
99.9
100.2
100.5
101.0
101.6
102.0
102.3
102.7
103.0
103.0
103.1
103.4
103.7
104.1
104.5
104.7
104.9
105.1
105.2
105.3
105.8
105.8
106.1
106.4
106.7
107.0
107.3
107.6
107.8
108.1
108.2
108.4
108.3
108.7
109.1
109.3
109.6
110.1
110.2
110.2
110.1
110.4
110.5
110.8
111.0
111.0

1

1
i

1
1
1
1
I
!
1
1
1
1
1
I
(
1
1

1
6.9
6.1
4.3
4.2
4.1
4.9
4.9
6.2
6.7
6.5
4.6
5.0
7.3
7.0
4.6
3.2
3.6
4.7
6.7
6.3
8.2
7.6
6.8
4.7
5.9
10.5
10.9
9.5
7.7
6.7
6.0
6.4
5.4
6.9
6.6
6.1
5.1
5.1
8.1
8.8
7.7
5.4
4.1
3.1
4.2
3.6
4.7
4.8
4.5
3.8
4.2
6.6

}
!
|
(
!
!
!
|
I
I
I
!
!
|
!
!
I
!
!
!
1
!
J
J
!
!
!
!
!
!
»
!
1
!
!
!
!
!
!
!
|
|
!
|
(
!
!
I
I
I
1
I

MONEY STOCK MEASURESf
NQT

SFASONAMY

M4
.
M2 PLUS
LARGE (CURRENCY
NEGOTI.
_£UfiEEuma-itf BlEIi^LS CDS-JLA.BLF.-CI1S- 1
32.8
273.5
1
263.7
162.0 |
1
32.9
274.7 !
1
264.8
8
162.4 |
15
274.8
1
264.7
161.9 |
32.6
32.5
275.1
I
264.8
161.8 |
22
273.2
1
262.8
159.6 |
29
32.1
273.2 1
I
262.6
159.4 |
32.2
5
273.2
!
262.4
32.5
158.8 |
12
271.4
I
260.6
32.4
156.8 |
19
269.8
1
259.0
155.0 |
26
32.2
270.9 !
155.7 |
32.3 1
1
260.0
4
271.9
f
261. 0
156.4 |
32.8
11
273.7 I
32.7
I
262.7
157.9 I
18
271.5 1
1
260.6
155.6 I
32.6
25|
32.5
1
260.9
155.7 |
271.9
1
1
157.1 |
33.0
273.5
1
262.4 1
8
32.9
275.6 !
1
264.4
159.0 I
15
32.8 1
277.2 1
160.6 !
I
265.9 1
22
32.5
275.5
I
264.0 1
29
158.4 |
33.0
275.3 !
I
263.6
6
158.0 I
274.7 1
33.1
1
262.9 1
156.9 1
13 1
33.0 1
273.4
I
261.4 1
20
155.3 I
272.6 I
32.9
1
260.5
154.2 I
27 \
33.2
274.6 I
I
262.4
155.8 |
31
275.6 i
33.6 1
1
263.4 1
156.5 |
10 I
33.4
1
266.0
278.0 1
158.9 |
17
33.3
276.5 1
!
264.6 !
157.5 I
24 1
33.3 1
275.8 1
156.6 J
I
263.8
1
277.7 1
I
265.6 1
34.0
158.1 I
8
33.8 1
279.0 1
1
266.8
159.2 I
15
279.8
I
267.5
33.8
159.6 |
22
1
267.0
33.5
279.5 1
159.0 I
29
280.6 I
33.7 1
I
268.1
160.0 |
5|
280.7
1
268.3
159.9 I
34.0
12
33.9
279.8 I
15 8 . 7 |
1
267.3
19
278.9 I
33.7 1
1
266.4
157.6 |
26|
33.6
280.7
159.0 I
1
268.1
2
9
1
269.7
34.3
160.3 |
282.3
162.9 I
1
272.7
285.0
16
34.0
283.8
I
271.7
162.0 I
33.8
23!
282.4
160.2 !
33.6
!
270.2
30
34.1 1
284.8
I
272.5
162.0 |
7!
163.1 I
286.4
1
273.9
14
34.2
287.3 1
163.8 |
34.1 1
1
274.7
211
33.9
163.7 |
287.5
28
1
274.8
289.0
34.1 1
165.0 |
1
27 6 . 2
4
165.5 f
289.6
34.6
1
276.7
11
34.6
289.8
165.8 \
I
276.8
18!
288.4
34.5
1
275.3
164.2 1
25|
34.7
1
276.9
165.6 |
289.9
21
35.0
166.5 I
291.2 1
I
278.2
9
34.9
294.4
1
281.5
169.3 I
16
35.0
169.9 |
295.2
|
282.5
23!
294.6
1
281.8
35.1
168.9 |
30!
Ml

1

ML±

L

M2

1

DEMAND | Ml PLUSI Ml PLUS
DEP0S1TSI SAV - C B S I T I M E DEP
PLUS
U CK DEP| EXCEPT

1 9 6 4 JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
J UN
JUN
J UN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC

COMPONENTS, AND RELATED

AO.IIISTFn.


INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1967.


BILLIONS

OF

ITEMS

DOLLARS

OEM/ Ui£LJ2E£Q£iI£
TOTAL

MEMBER

i_
IDOMESTICI
NONMEMBER !

H M E ,AMIL.SAYING$1 OTHER |
TIME
\ SAVINGS!
CDS
DEPS* J

T297T~

To47o~~

247"

97i~"

129.6
129.3 I
129.4
127.6
127.1
126.3
124.5
122.8
123.4
123.7
125.2
123.0
123.2
124.1
126.1
127.8
125.9
125.0
123.8
122.3
121.3
122.6
123.0
125.5
124.1
123.3
124.1
125.3
125.9
125.6
126.2
125.8
124.8
123.9
125.4
126.0
128.9
128.2
126.6
127.9
128.9
129.7
129.8
131.0
130.9
131.2
129.6
130.9
131.5
134.4
134.9
133.8

104.2
104.0 J
104.1
103.0
102.6
101.6
100.1
98.9
99.4
99.5
100.9
99.1
99.3 1
99.9
101.5
102.9 1
101.5 1
100.8
99.6
98.3
97.6
98.8
99.0 1
101.1 1
100.0 1
99.4
99.7 1
100.6
101.1
101.1
101.7
101.0
100.1
99.5
100.8
101.0
103.4
102.7
101.4
102.4
103.1
103.6
103.9
105.0
104.4
104.6
103.5
104.5
104.9
107.7
103.0 1
106.7

24.4
24.3
24.2
23.6
23.5
23.7
23.4
22.9
23.0
23.2
23.3
23.0
22.8
23.2
23.6
23.8
23.3
23.2
23.2
23.0
22.7
22.8
23.0
23.4
23.2
22.9
23.4
23.6
23.7
23.4
23.5
23.8
?3.6
23.3
23.5
23.9
24.5
24.4
24.0
24.4
24.9
25.0
24.8
25.0
25.4
25.5
25.0
25.2
25.4
25.7
25.8
25.9

9.9
10.1
10.2
10.4
10.6
10.7
10.8
10.8
10.9
11.0
10.9
10.9
10.9
11.0
11.2
11.3
11.6
11.7
11.7
11.9
12.1
12.2
12.2
12.1
11.9
12.0
12.0
12.2
12.3
12.4
12.4
12.4
12.5
12.5
12.6
12.6
12.3 I
12.1
12.2
12.3
12.5
12.6
12.7
12.8
12.9
13.0
13.1
13.0
13.0
12.9
12.7
12.8

1
|
1
I
i
1
1
1
1

1

|

1
1
I

Toi.8 i
102.4
102.8
103.0
103.2
103.3
103.6
103.8
104.0
104.3
104.5
104.8
105.0
105.2
105.4
105.4
105.3
105.6
105.7
106.0
106.1
106.3
106.6
106.8
107.1
107.1
107.3
107.5
107.7
107.8
108.0
108.2
108.4
108.6
108.9
109.1
109.4
109.8
109.7
110.0
110.4
110.8
110.8
111.1
111.2
111.2
111.0
111.1
111.3
Ul.7
112.3
112.6
112.9

|
f
I
I
1
I
1
I
I
|
I
|
I
|
1
|
1
|
\
I
\
I
|
\
|
|
I
|
|
I
1
I
1
I
I
|
I
I
|
I
|
I
1
I
|
1
|
1
|
|
!
I

I
\
1
I
I
I
[
I
1
1
1
I
I
I
|
1
|
1
1
I
I
I
I
1
I
|
I
I
I
|
I
I
I
\
1
I
1
1
I
1
\
I
|
I
1
A
I
1
I
I
I
I
I

TOTAL 1 U.S.GOVTf
DEMAND |
111.5
112.3
U2.9
113.2
113.6
113.9
114.4
114.6
114.8
115.2
115.5
115.8
115.9
116.2
116.4
116.6
116.6
117.1
117.3
117.8
118.1
118.4
118.8
119.1
119.2
119.1
119.3
119.6
119.9
120.2
120.4
120.6
120.8
121.1
121.4
121.7
121.9
122.1
121.8
122.2
122.8
123.3
123.4
123.8
124.0
124.1
124.1
124.2
124.4
124.7
125.1
125.3
125.7

67?~|
|

1

1
!
1

1
1
1
1
!
!
1

!
1
1
1
1

6.4 |
4.2 I
3.1 I
2.8 f
3.5 |
3.6 I
5.2 |
5.9 I
5.6 |
4.5 I
4.6 1
7.7 f
7.8 |
5.9 f
5.0 I
2.3 I
2.9 |
5.5 I
6.0 |
7.4 |
7.5 I
7.1 |
6.1 |
6.2 I
8.8 |
10.0 |
9.5 \

8.1 1

5.4 1
4.6 I
5.8 |
5.4 |
6.8 |
7.2 1
*.9 I
5.6 |
4.0 1
7.5 I
9.1 |
8.2 !
5.5 f
4.5 I
4.1 [
5.1 |
4.5 |
5.3 I
6.9 |
7.1 |
5.5 I
3.6 |
5.7 |
6.6 I

1 9 6 5 JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
A°R
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
PEC
DEC
DEC
OEC
OEC

TABLE 5
MONEY STOCK MEASURES, COMPONENTS, AND RELATED ITEMS
.MQI-.SEA3QMAI l-Y ADJU5I£QA-.BILL1Q^-J3£-..QDLLARS.
;. __
M£
Mi
! Z M1+ 1
MZ
n£Mj LMD DEPQSL I S
1
.
DOMESTIC
M2 PLUS
DEMAND ! Ml PLUS! M l PLUS
MEMBER
NONTOTAL
LARGE
CURRENCY
D E P O S I T S ! SAV - C B S I T I M E DEP
NEGOTI­
MEMBER
PLUS
! £ CK DEP! EXCEPT
R j F T l LG CDS 1 ABLE CDSI
1
J
£U£ao£iis-.ua
26.4
1097I~~
298.3
!
285.3
347F" T3678~
171.6 !
~6l
169.7 !
26.4 I
297.4
107.7
!
284.1
131
34.6
135.2
107.7
26.2
135.0
297.8
34.2
!
284.1
20|
169.3 !
167.1 |
27|
106.3
34.0
1
282.5
133.0
296.3
25.6
166.7 !
132.7
106.3
34.0
296.5
25.4
31
1
282.5
165.7 1
104.9
296.1
34.4
131.3
!
282.1
25.4
101
103.6
25.1
!
280.9
129.8 |
34.2
164.1 |
294.9
17|
101.4
292.6
1
278.5
24.7
127.2
34.1
161.3 |
24|
24.9
103.3
129.3 !
34.1 |
!
280.8
295.1
163.4 I
3|
24.9
129.0
103.0
34.6
I
281.4
163.5 |
295.8
10!
130.8
104.6
!
283.6
25.1
165.2 !
34.4
297.9
171
102.5
34.4
295.4
!
281.2
24.8
128.3
162.7 1
24!
102.3
34.1
!
280.9
24.5
295.3
127.9
162.0 1
311
103.7
24.9
129.8
34.7
!
283.6
298.0 1
164.4 1
7|
25.3
34.7
300.3
!
285.7
166.5 |
131.8
105.1
141
106.9
25.7
302.2
1
2 8 7 . «5
168.4 !
133.8
34.6
21!
165.8 !
300.1
25.2
34.1
!
285.2
28!
131.6
105.3
164.9 1
299.6
104.4
24.9
130.4
34.4
!
284.5
5!
298.4
163.3 1
102.5
1
283.2
128.6
34.8
12!
25.0
161.4 |
296.9
19|
24.7
126.8 !
101.1
34.6
!
281.5
160.2 !
295.9
1
280.4
26|
100.4
34.5
125.7
24.3
34.8
127.1
101.6
!
282.5
24.4
298.0
21 1 6 1 . 9 !
299.7 1
163.3 |
1 284.1
24.9 1
102.2
35.1
9!
128.2
165.7 1
104.4
16|
130.7
302.3 1
I . 286.8
25.2 1
35.0
165.2 !
34.9
301.8 1
1
286.3
23!
130.2
104.2
25.0
162.9 1
102.5
299.9 1
!
284.2
30|
24.6 i
34.7
128.1
!
286.7
164.8 !
7!
35.6
302.3
129.2
103.0
25.0 !
165.8 !
14!
303.8 1
!
288.1
103.7
35.5
25.5 I
130.3
!
288.4
130.4
35.4
165.8 I
304.2 I
104.0
211
25.3 1
164.9 1
1
287.7
281
303.8 !
129.8
103.7
35.2
25.0 I
166.3 1
4!
1
289.4
131.0
104.7 1
35.3
25.2
305.6 1
165.6 |
!
289.1
305.4 1
103.4
129.8
35.7
25.4
HI
164.7 |
102.8
I
288.5
304.9 1
181
129.1
25.3
35.6
163.2 !
101.7
1
287.2
303.7 !
24.9
35.4 1 127.7
251
164.4 !
305.5 1
!
288.8
25.1
103.0
129.2
11
35.2
!
290.5 1
165.8 !
129.8
103.2
36.0
307.2 1
25.6
81
168.5 |
105.5
310.1
1
293.8
15|
132.9
35.7
26.2
310.8 I
!
294.8
169.7 !
106.8
35.6
134.1
22!
26.3
166.8 1
308.6 1
1
292.4
104.5
29!
25.7
131.3
35.5
105.6 1
311.2 1
168.6 |
1
294.8
132.7
35.9
26.1 I
6|
169.6 |
313.0 1
105.9
!
296.5
26.5
133.4
131
36.2
314.5 1
107.0
170.8 !
26.7
36.1
134.8
1
298.0
201
314.5 1
170.6 |
107.1
1
298.0
27|
134.7
35.9
26.5
136.1
108.3
172.0 1
1
299.8 1 316.2
3!
26.8
36.0
107.4
316.3 1
!
299.9
172.1 1
135.5
10!
36.5
27.2
172.4 J
17!
135.9
107.5
316.6
36.5
1 300.1
27.3
171.4 |
106.8
24|
315.8 1
134.8
36.6
!
299.1 I
26.9
107.3
135.2
316.5
26.9
36.6
!
299.8
11 1 7 1 . 9 |
108.3
37.1
318.6 1
173.7 I
136.6
8!
1
302.0
27.3
176.1 !
110.3 1
37.0
15!
139.0
321.3 I
27.7
!
305.0
37.2
323.6 |
141.3
112.3
1
307.6
28.0
221 1 7 8 . 6 |
177.4 I
322.9 1
29!
37.2
111.1
I
306.7
27.9 1
140.2

*"""" INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS ?BXQK, TO 1967.




[
TIME AND SAVINGS OFPPSITS
OTHER |
CDS
TIME
! SAVINGS!
TOTAL
U.S.GOVT!
DEPS* |
DEMAND |
1
J
L
L
1
6.4 |
113.7 |
13.0
!
126.7
114.4 |
13.3
!
127.7
4.0 !
13.7
114.8 |
2.9 1
!
128.5
115.4 |
13.9
!
129.3
3.8 !
115.8 !
14.0
4.6 I
I
129.7
116.4 |
4.6 !
1 130.4
14.0
14.1
!
130.9
116.8 1
5.2 !
117.1 J
14.2
7.1 !
I
131.3
117.4 !
14.2
1 131.6
6.6 !
I
132.3
14.4 1
5.2 !
117.9 !
1 132.7
14.3
118.3 \
4.6 1
I
132.8
8.2 !
14.3
118.5 1
14.4 1 118.9 f
8.4 |
!
133.3
1 133.6
14.4
7.1 I
H9.i r
14.6
119.3 I
4.6 !
!
133.9
119.1 |
14.8
4.3 !
!
133.9
119.4 |
15.0
!
134.3
5.7 !
15.1
119.6 !
8.4 !
1 134.7
15.2 1 119.9 I
1 135.1
8.3 !
15.4
120.1 !
1 135.4 1
10.1 |
I
135.7
10.6 !
120.2 |
15.5
!
136.1
120.6 I
15.5
9.5 1
7.9 |
I
136.4 1
15.6
120.8 I
15.5 1
!
136.7
121.1 !
7.0 !
I
136.6 !
121.1 |
15.5
10.0 !
15.7 1 121.3 I
1 137.0 1
11.3 I
15.7 1 121.9 f
11-8 !
1 137.5 1
15.6 I
122.3 |
!
137.9 1
9.1 |
15.8 1 122.6 !
1 138.4 1
8.2 I
!
138.9 I
16.1 1 122.7 |
7.5 !
16.2 1 1 2 3 . 1 |
7.3 !
!
139.3 1
123.5 |
6.6 !
I
139.8 1
16.3
123.8 I
16.4
7.5 I
1 140.2
16.5 1
8.0 !
1 140.5 1
124.1 |
124.4 |
16.6 1
6.9 !
1 141.0 !
16.7
124.7 |
1 141.4 !
5.5 !
16.3
125.3 1
1 141.5 1
2.9 |
125.1 1
16.0 1
5.7 !
!
141.0 1
125.5 |
16.2
1 141.7 1
7.6 !
16.4 1 126.1 1
1 142.5 1
6.2 1
126.9 |
16.5 I
1 143.3 1
4.1 I
127.1 !
16.5
!
143.6 1
5.7 !
16.5 1
127.4 J
1 144.0 1
4.8 I
16.4
127.8 |
!
144.2 1
4.3 !
127.8 |
16.5
1 144.3 1
3.1 I
16.5 1 1 2 7 . 7 |
I
144.2 1
3.3 !
16.6 1
127.7 |
1 144.4 1
4.2 |
127.9 !
16.7
5.7 !
1 144.6 1
16.6 1 128.3 1
4.8 )
1 145.0
128.9 |
16.3
2.6 |
1 145.2 1
129.1 |
16.0
4.5 |
1
145,1
16.2 1 129.4 1
6.0 !
1 145,5 1

TABLE 5
MONEY STOCK MEASURES, COMPONENTS,

1966

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC

125
19
26
2
9
16
23
2
9
16
23
30
6
13
20
27
4
11
18
25
1
8
15
22
29
6
13
20
27
3
10
17
24
31
7
14
21
28
5
12
19
26
2
9
16
23
30
7
IV
21
281

Ml
1 JH i ±
1
M2
M
J
M2 PLUS
DEMAND | Ml PLUSI Ml PLUS
CURRENCY!
LARGE
D E P O S I T S I SAV - C B S I T I M E DEP
NEGOTIPLUS
|S CK DEP| EXCEPT
CURRENCY l a TH R I F T I I G CDS LA£L£_£n£J
367"
I
310.4
32 6 . 5
180.0 I
36.9
1
309.6
325.8
179.0 I
325.7
36.5
I
309.5
178.3 I
323.8
1
307.3
36.2
175.9 |
36.1
I
307.0
323.5
175.4 I
322.9
36.6
1
306.3
174.5 |
36.4
321.7
I
305.1
172.9 |
1
302.3
319.0
36.3
170.0 I
36.2
320.3
1
303.5
171.0 I
1
305.0
321.9
36.8
172.0 |
36.6
1
307.3
324.1
173.9 |
36.6
323.4
|
306.6
173.0 |
1
305.1
36.4
171.1 I
322.2
36.8
I
307.6
325.1
173.4 |
1
310.8
37.2
328.3 1
176.1 |
36.7
I
313.8
331.4
179.1 |
329.9
176.9 |
36.5
I
312.2
36.7
328.5
I
310.8
175.1 |
1
309.6
327.3
37.2
173.6 I
37.0
I
308.3 1
326.1
172.0 |
I
306.1
36.9
324.1
169.6 I
37.0
325.2
1
307.2
170.3 1
37.5
I
3 0 9 . 8 1 32 7 . 8 1
172.7 I
37.4 |
328.7
1
311.0
174.6 |
I
313.1 1
37.4
330.6
176.8 |
171.9 |
37.1
326.5 1
I
308.5 1
I
310.9
37.9
329.2 1
173.9 I
1
310.8
38.0
329.0 1
173.1 I
330.4 I
37.8
I
312.0
174.0 |
37.6
1
310.5 1
328.8 1
172.1 |
37.6
1
312.2
173.7 I
33 0 . 4 f
38.1
1
311.0
329.3
172.3 |
38.0 |
1
311.6
172.6 I
330.1 I
37.8
328.6
1
310.1
170.9 |
329.4
37.5
171.6 1
1
311.1
38.2
331.1
I
313.0
173.6 I
38.1
332.8
1
314.9
175.1 |
37.9
335.0
I
317.5 1
177.9 I
330.7
173.4 |
37.6
1
313.6
37.9
332.5
I
315.6
175.1 I
175.4 |
1
316.1
38.3
332.8 1
38.1
1
317.3 1
333.6
176.3 I
37.9
175.2 |
332.0
1
316.1
37.8
1
317.4
176.5 I
333.2
38.5
j
317.3
176.6 |
333.1
38.6
333.5
177.5 I
1
317.9
332.5
1
317.0
38.6
176.6 |
38.6
332.3
I
316.8
176.4 |
I
318.9
39.0
334.4
178.2 |
39.1
I
320.5
336.0
179.5 I
|
325.4
39.1
340.8
184.2 |
338.7
1
323.1 1
181.1 |
39.4

 * INCLUDES SAVINGS DEPOSITS AT COMMERCIAL BANKS PRIOR TO 1 9 6 7 .


AND RELATED

ITEMS
TIME AND SAVINGS PFPOSITS
I
OTHER I
|
|
CDS
TIME
1 SAVINGSI
TOTAL
U.S.GOVTI
DEPS* |
DEMAND I

J
D£Mi iNQ.DEPQ£ LIS
DOMESTIC
TOTAL
MEMBER
NONMEMBER
143.1
142.1
141.8
139.7
139.3
137.9
136.5
133.7
134.8
135.2
137.3
136.3
134.7
136.5
138.9
142.3
140.4
138.4
136.4
134.9
132.7
133.3
135.3
137.2
139.4
134.9
136.0
135.1
136.2
134.5
136.0
134.2
134.7
133.1
134.1
135.4
137.1
140.0
135.8
137.2
137.1
138.2
137.3
138.7
138.1
138.9
138.0
137.8
139.3
140.4
145.0
141.7

IT?!!!""

1

1

112.3
112.3
110.9
110.7
109.3
108.2
105.9
107.0
107.2
109.0
108.2
107.0
108.4
110.2
113.1
111.7
110.0
108.0
106.9
105.2
105.7
107.1
108.8
111.0
107.1
107.7
106.4
107.5
106.3
107.5
105.8
106.3
105.2
106.2
107.1
108.1
110.9
107.4
108.5
108.0
108.9
108.7
109.8
108.7
109.3
108.7
108.7
110.0
110.8
115.0
112.0

|

1

1
1
I

1

1
I
1
!
1
1
I
1
I

28.4
28.7
28.5
27.8
27.5
27.6
27.3
26.7
26.8
27.0
27.2
27.0
26.6
26.9
27.6
28.0
27.5
27.2
27.2
26.9
26.4
26.4
27.0
27.3
27.3
26.6
2 7.0
27.6
27.5
27.0
27.1
27.2
27.2
26.8
26.7
27.2
27.8
28.0
27.2
27.4
27.9
28.1
27.5
27.7
29.2
28.4
28.1
27.9
28.2
28.4
28.9
28.6

" ""
|

1
1

1

1
1
1

1

16?"
16.1
16.2
16.5
16.5
16.6
16.6
16.6
16.8
16.9
16.8
16.8
17.2
17.4
17.5
17.5
17.6
17.7
17.7
17.9
18.0
18.0
18.0
17.7
17.5
18.0
18.2
18.3
18.3
18.3 !
18.3
18.3
18.5
18.5 I
18.3
18.1
17.9
17.5
17.1
16.8
16.7
16.3
15.9
15.8
15.7
15.7
15.5
15.5
15.5
15.5
15.4
15.6

l30T3~|
130.6
131.1
131.5
131.6
131.8
132.1
132.3
132.5
133.0
133.4
133.6
134.0
134.2
134.7
134.8
135.3
135.7
136.0
136.3
136.5
136.9
137.1
136.4
136.4
136.6
137.1
137.6
138.0
138.4
138.5
138.7
139.0
139.2
139.5
139.5
139.8
139.7
140.2
140.5
140.7
141.0
140.9
140.9
140.7
140.4
140.3
140.4
140.7
141.0
141.2
142.0

|
|
|
|
|
I
J
|
I
I
1
I
1
I
|
1
|
|
1
|
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|
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1
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1
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1
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1
1
1
1
1
1
1
1
1
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1
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1

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1
I
1
1
1
1
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1
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1
1
1
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1
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L,
146.5
146.8
147.4
147.9
148.2
148.3
148.7
149.0
149.3
149.9
150.2
150.4
151.1
151.7
152.2
152.3
152.9
153.3
153.7
154.1
154.5
154.9
155.1
154.1
153.9
154.5
155.3
155.9
156.4
156.7
156.8
157.0
157.5
157.7
157.8
157.6
157.6
157.1
157.3
157.4
157.4
157.3
156.8
156.7
156.5
156.1
155.9
155.9
156.2
156.5
156.6
157.6

i
5.3 |
3.8 1
2.5 |

I

3.8 I
4.3 I
4.3
4.5
6.3
5.6
4.1
2.6
5.5
5.7
4.7
2.4
1.4
2.8
5.9
6.4
7.7
7.7
7.2
5.7

1

1
1
I
1
!
!
1
1
1

1
1
1
i

1

|
|
I
I
|
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1
I
f
|
I
I
1
I
|
|
1
1

3.1 1
5.2 1
9.8 I
10.7 !
8.9 I
6.7 I
7.0 I
5.8 1
5.9 I
4.7 I
4.3 I
5.1 I
4.6 I
3.1 I
3.0 I
6.2 1
6.6 I
4.4 I
3.1 |
5.5 I
4.6 I
4.5 I
3.1 I
3.2 |
3.5 I
3.4 |

2.2 I
2.3 I
5.2 I

1967

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
■MAR

MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
'AOV

NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC




TABLE 5
MONEY STOCK MEASURES, COMPONENTS, AND RELATED ITEMS
NQI SEASONALLY ADJUSTEDA„_ULLlQ__^_QF__I>OLLARi______
D£MANQ_QE__D__J_I£
1
MI±
1
(42
1___M4. _J .
Ml
Ml PLUS
DOMESTIC
Ml PLUS
M2 PLUS
DEMAND
NONTOTAL
CURRENCY
MEMBER
LARGE
DEPOSITS
SAV-CBS T I M E DEP
MEMBER
NEGOTIPLUS
e CK DEP EXCEPT
CURRENCY a T H R I F T I1 LG CD$ 1.ABLE-XQS.
L
i
29.2
1457"
387™
327.2
274.2
i
134.2
343.1
29.4
113.1
38.9
143.6
342.1
182.5
1 41
325.9
272.1
29.2
270.9
181.8
38.5
113.0
143.3
342.3
325.6
18
28.4
110.9
38.1
178.5
25
140.3
340.2
267.3
322.7
28.0
37.9
266.1
177.3
1
110.3
139.4
340.0
322.0
109.6
138.7
38.5
265.9
28.1
177.2
8
340.5
322.2
28.0
108.6
137.6
264.8
176.0
38.5
321.5
340.0
15
107.9
27.6
136.5
174.8
339.4
320.9
263.6
38.3
22
107.9
27.3
320.6
136.2
174.3
38.1
339.2
263.1
1
27.6
108.4
341.4
322.7
264,7
38.7
175.6
136.9
8
109.7
27.8
138.5
38.6
343.8
324.9
177.1
266.3
15
27.8
111.4
327.1
268.4
38.6
346.1
178.9
140.3
22
27.3
109.0
324.4
137.4
38.4
343.6
175.8
29
265.5
27.6
110.7
177.9
38.5
346.1
326.9
267.7
139.4
51
110.9
28.1
38.9
268.7
140.1
347.7
328.6
178.9
12
112.6
38.7
330.7
270.4
19
28.5
142.1
349.6
180.8
110.9
27.9
38.4
139.8
347.3
267.8
328.7
178.2 1
261
27.7
110.7
328.9
177.9
38.5
347.5
139.4
3
267.6
27.7
108.8
266.5
39.1
176.6
137.5
346.8
328.2
10
109.4
347.9
267.1
38.9
27.7
138.2
329.2
177.0
17
107.7
135.9
27.2
346.0
265.0
38.8
24
327.2
174.7
109.1
348.0
266.4
38.7
27.1
329.0
176.0
137.3
31
110.4
269.1
27.8
350.9
178.4
331.7
7
139.2
39.3
270.8
111.6
140.7
39.4
353.1
333.8
14
28.1
180.1
113.6
273.0
28.2
355.2
336.0
142.9
39.3
182.1
21
27.7
110.7
351.9
269.4
139.4
39.0
332.8
178.5
28
272.7
28.0
355.6
181.3
112.6
39.5
336.5
141.7
5
356.0
28.6
111.9
336.8
272.8
181.5
141.6
39.8
12
357.4
273.4
28.6
112.8
39.5
337.9 I
142.5
182.1
19
356.0
39.3
111.6
336.3
28.2
140.9
271.6
180.2
26
358.6
273.5
113.4
338.7
28.4
39.2
142.8
182.1
2
39.9
141.7
358.8
28.5
112.0
273.1
181.5
9
338.6
359.7
39.7
273.6
339.4
181.9
112.5
16
28.6
142.2
358.4
28.3
111.3
140.7
39.7
338.0
272.1
180.3
23
359.0
338.4
111.8
39.4
272.2
180.4
30
28.2
141.0
28.7
361.6
112.9
39.9
340.9 !
182.6
6
142.7 |
274.5
363.6
39.9
29.4
113.9
184.4
343.0
276.3
144.4
13
39.7
364.2
20
115.0
29.5
344.1
277.3
185.4
145.7
113.4
39.5
182.9
28.9
362.1
275.1
27
143.5
342.2
364.8
39.6
4
344.8
277.6
29.2 I
115.0
185.0
145.4
114.9
366.2
40.2
29.6
346. 1
186.0
11
278.8
145.7
367.7
40.1
29.9
18
116.0
347.7
279.9
187.1
147.0
39.9
366.2
29.4
115.1
185.5
25
346.2
145.6
278.4
368.1
39.7 1
116.6
186.9
29.5
347.9
279.9
1
147.2
116.6 1
40.4
369.5
188.3
30.1 I
147.9
349.2
8
281.5
369.8
40.4
188.4
116.5
148.0
30.3
349.2
282.0
15
116.1
147.4
40.6
369.3
188.0
30.1 1
281.6
22
348.5
40.6
187.8
116.1
369.5
29.9
147.2
29
348.5
281.? 1
30.3
118.0
40.9
190.3
149.5
372.3
284.1
6
351.2 !
30.6
118.1
41.2
373.3
149.9
191.0
?84.8
13
352.2
30.9
120.4
193.7 1
375.7 V
287.4
152.5
41.2
354.9
20
30.9
119.8
287.3 1
151.9
41.6 1
375.6 1
193.5
27
355.3

HiTcH

I1_4L_A__JH-5A_/IN_1_S_D££_J_SII_5
1
OTHER
TIME
U.S.GOVTl
TOTAL
SAVINGS
CDS
DEPS
DEMAND 1
15.8
16.2
16.7
17.4
18.0
18.3
18.5
18.5
18.5
18.8
18.9
19.0
19.2
19.3
19.2
18.9
18.6
18.6
18.6
18.7
18.9
19.0
19.2
19.3
19.1
19.1
19.1
19.2
19.5
19.6
19.9
20.2
20.3
20.4
20.7
20.7
20.5
20.2
19.9
19.9
20.0
20.0
20.0
20.2
20.3
20.5
20.8
21.0
21.1
21.1
20.7
20.4

1

1

1

53.1
53.8
54.8
55.4
56.0
56.3
56.8
57.3 I
57.6
58.0
58.6
58.8
58.9
59.3
59.9
60.4
61.0
61.4
61.8
62.1
62.3
62.7
62.7
63.1
63.1
63.5
63.9
64.1
64.6
64.9
65.2
65.6
65.9
66.0
66.3
66.6
66.8
66.9
67.2
67.3
67.4
67.9
67.9
68.0
67.7
67.3
67.0
67.0
67.1
67.5
67.6
68.1

89T9""
89.5
89.0
88.8
88.7
618.7
88.7
88.7
88.8
89.0
89.2
89.4
89.6
89.8
89.7
89.6
89.5
89.6
89.8
90.0
90.2
90.3
90.5
90.7
90.8
90.9
91.3
91.2
91.3
91.3
91.3
91.5 1
91.6
91.7
91.7
91.8
91.8
91.8
92.1
92.5 1
92.8
92.7
92.8 1
93.0
93.2 1
93.5 !
93.5
93.6 1
93.7
93.7
93.6 1
93.7 1

TiiTi""
159.6
160.5
161.7
162.7
163.3
164.0 1
164.5
164.9
165.8
166.7
167.1
167.7
168.3
168.8
168.8
169.1 |
169.6
170.2
170.8
171.3
172.0
172.5
173.1
173.0
173.4
174.3
174.5
175.3
175.8
176.5
177.3
177.8
178.1
178.6
179.0
179.2
178.9
179.2
179.8
180.2
180.6
180.7
181.2
181.2
181.4
181.2
181.7
181.9
182.2
182.0
182.1

iTo 1
4.4
2.7
4.5
4.6
5.3
4.7
5.0
5.3
4.2
3.0
5.3
6.8
4.9
3.9
3.5
6.0
6.7
7.9
6.7
6.6
5.0
3.4
2.3
4.8
5.2
5.1
4.7
6.1
6.6
5.4
5.5
3.8
4.5
3.2
4.3
3.3
4.7
6.9
6.1
5.3
6.7
7.0
6.3
5.7
4.2
5.9
5.2
4.8
3.2
4.7
7.1

|
I
1
I
1
|
I
|
1
|
I
I
|
|
1
1
|
|
I
j
I
|
|
|
I
I
|
I
I
I
I
I
1
1
|
I
|
|
|
|
I
|
1
|
1
I
I
I
1
|
I

1968

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
DCT
OCT
OCT
NOV

NOV
NOV
NOV
DEC
DEC
OEC
DEC




MONEY STOCK MlEASURES, (:OMPONENT!>» AND REl-ATED ITEMS
NPT SEASONALLY ADJUSTED. B I L L I O N S OF DOLLARS
M4
L
,Q£MANI}_i3£P££lI£
1
Ml±
taz
1 Ml
Ml PLUS
M2 PLUS
DEMAND
DOMESTIC
Ml PLUS
TOTAL
MEMBER
LARGE CURRENCY
NCNDEPOSITS 1 SAV-CBS TIME DEP
£ CK DEP
EXCEPT
MEMBER
NEGOTIPLUS
jCURRFNCY la THRIFT! 1 LG CDS IABLF CDS
\
J
_
40.9
380.6
360.4
1
31.6
31 1 9 7 , 9
292.2
7577<T
154.7
378.8
41.0
31.7
358.5
101 1 9 5 . 7 1 2 8 9 . 8
121
4 . 71
17!
154.7
40.6
289.1
31.6
121.8
379.1
195.3
358.5
375.7
24|
354.9
285.1
191.5 I
151.2
30.8 1
119.3 !
40.3
149.6
282.9
374.4
118.3
30.1
39.9
353.5
189.5
311
40.4
354.4
149.7
283.6
375.2
118.2
190.1
30.3
71
147.4
14|
373.7
352.9
281.5
187.9
30.1
116.2
40.5
146.7
373.1
280.6
115.7
40.3 1
352.2
187.0
29.8
211
278.5
184.8
28|
29.4
114.1
371.5
350.5
144.7
40.1
374.6
29.7
147.0
353.6
281.7
187.5
6|
116.0
40.5
376.0
355.0
282.2
188.1
13!
29.9
147.3
40.8
116.2
40.7
376.8
29.9
116.9
148.1
283.1
20!
356.0
188.8
281.9
27!
187.4
116.0
146.8
40.5
355.0
375.5
29.6
283.9
189.1
148.3
40.7
357.1
3{
29.8
117.2
377.5
190.7
358.9
379.1
285.2
117.7
149.4
41.4
10!
30.4
17!
121.1
153.6
382.9
289.3
194.8
31.2
41.2
363.1
286.4
192.4
360.5
241
380.2
30.7
119.7
151.6
40.8
lj
149.7
378.6
358.9
284.2
190.3
118.3
30.1
40.6
284.6
8|
378.7
190.2
117.4
148.8
41.4
359.0
30.2
283.4
189.5
15!
30.4
358.7
116.5
148.1
41.4
378.3
358.0
188.7
22!
116.0
147.3
41.3
377.5
282.7
30.1
282.4
188.3
29|
357.6
29.8
116.2
377.2
41.1
147.2
380.9
41.7
361.4
286.1
191.9
150.3
30.3
118.5
51
286.4
30.6
192.2
150.1
42.0
381.3
361.8
12!
118.2
2 88.1
19!
30.9
152.1
382.8
194.0
120.0
41.8
363.6
191.9 !
286.1
41.6
361.4
26!
30.4
380.5
118.6
150.3
31.0
41.9
290.0
195.4
121.1
153.5
365.6
3|
385.0 1
194.6
288.8
31.4
119.1
151.8
384.5
364.8
42.8
10!
195.9
120.7
17|
153.6
42.3
289.9
31.6
386.9
366.6
150.9
193.1
385.0
287.0
31.0
118.6
42.1
364.1
24!
193.6
3 0.9
119.6
287.5
385.9 !
364.6
151.7
41.9
31!
367.1
388.8
195.2
120.1
152.8
42.4
31.3
289.1
7|
31.4
366.6
14|
42.7
388.7
288.2
194.2
151.5
118.7
151.1
388.7
42.6
366.5
287.6
193.6
31.2
118.5
211
286.8
388.4
192.8
366.2
31.0
118.3
150.5
42.3
281
31.4
119.9
152.6
42.6
391.3
369.1
195.2
4!
289.2
32.3
393.4
197.1
154.1
291.2
120.5
43.0
371.2
11!
197.7
291.7
32.5
155.1
42.7
372.1
18|
121.2
394.1
194.8
31.8
119.4
152.6
289.0
42.3
391.8
369.8
25!
197.7
121.9
292.1
155.4
42.4
32.1
39 5 . 6
2!
373.2
292.9
198.4
43.1
91
32.6
121.3
155.3
397.3
374.6
294.7
200.2
16|
32.9
157.3
399.7
123.0
376.8
42.9
292.8
198.2
42.8
398.4
32.4
121.6
155.4
375.3
231
32.4
293.4
198.8
122.6
156.3
30!
399.4
376.2
42.5
202.7
403.6
297.5 !
159.4
43.3
6|
33.2
124.9
380.2
201.7
33.6
123.1
402.7 ,
296.8
43.6
13!
158.0 I
379.3
33.7
124.1
403.9
380.4
298.1 !
202.7 i
159.2
43.5
201
33.1
43.6
380.1
297.7
158.5 !
404.1 !
123.9
v\4 ! 22 00 52 .. 31
44.1
407.8
33.7
126.0
161.2
301.0 i
383.5
301.6
409.1 1
205.9
161.5
44.4
384.8
126.1
34.0
Hi
208.7
34.3
164.3
44.3
388.1
304.3
128.6
412.0
18!
411.7
163.7
44.7
304.0
208.3
388.2
128.0
25!
34.3

.__ T I M i=_AU0_£AYJU££-i2££Q£II£
1
I
OTHER !
|
TOTAL
TIME
SAVINGS
CDS
U.S.GOVT!
PEPS
DEMAND !

2072~
20.3
20.6
20.8
20.9
20.8
20.7
20.8
21.0
21.0
21.0
20.8
20.-5
20.4
20.2
19.8
19.6
19.7
19.7
19.6
19.5
19.5
19.5
19.4
19.2
19.1
19.4
19.7
20.3
20.9
21.3
21.7
22.0
22. 2
22.3
22.2
22.2
22.0
22.0
22.4
22.6
22.9
23.1
23.2
23.4
23.4
23.5
24.0
24.3
24.3
23.9
23.5

68.3
68.8
69.5
69.8
70.6
70.8
71.5
71.7
72.1
72.0
72.8
72.9
73.2
73.3
73.8
73.9
74.3
74.8
74.5
75.4
75.4
75.4
75.4
75.5
75.6
75.3
75.7
76.1
76.8
77.1
77.2
78.0
78.5
79.0
79.5
80.0
80.2
80.5
80.9
81.2
81.9
82.2
82.6
82.8
82.8
82.6
32.4
82.5
82.7
83.3
83.9
84.3

~947i~~

;

94.0
93.7
93.5
93.3 j
93.4
93.5
93.6
93.6
94.1
94.0
94.2
94.5
94.8
94.4
94.4
93.9
93.8
94.2
93.9
93.9
94.0
94.1
94.1
94.0
94.1
94.5
94.2
93.9
93.8
93.8
93.8
93.9
93.9
93.9
93.9
94.0
93.9
94.0
94.3 1
94.4
94.4
94.5
94.6
94.7
95.1
95.3
95.5
95.6
95.6
95.6
95.6

182~.7~~~
183.1
183.8
184.1
184.9
185.1
185.7
186.1
186.7 1
187.1
187.9
187.9
188.2
188.5
188.4
188.1
187.7
188.3
188.4
188.8
188.8
188.8
189.0
189.1
188.8
188.6
189.6
189.9
190.9
191.9
192.3
193.6
194.5
195.1
195.6
196.1
196.3
196.4
197.0
197.9
198.9
199.5
200.2
200.7
200.9
201.0
201.1
202.0
202.6
203.2
203.4
203.3

5.5
4.7
3.1
6.0
5.9
7.2
6.2
5.5
9.8
8.5
6.0
6.4
7.0
5.2
3.7
2.8
5.0
5.6
7.4
5.8
6.9
6.3
4.9
4.2
4.9
8.5
4.8
4.4
5.5
7.7
6.3
5.9
5.1
6.1
6.1
4.4
3.5
5.2
8.8
8.4
7.4
5.1
5.5
7.0
6.0
5.1
3.5
4.2
3.5
3.4
4.8
7.1

!
!
|
1
|
1
!
!
!
|
I
)
1
!
|
1
1
1
I
!
|
!
1
!
1
I
!
!
I
I
1
!
!
|
J
|
1
!
!
!
I
!
!
I
|
1
!
1
!
!
!
!

—

"

■

"

"

'

'

"

"

"7969~JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
3CT
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC




MONEY STOCK MEASURES, (;OMPONENTS, AND RELATED ITEMS
N(aT_££A£aai
IQLLABii
1
JE.MANP DEPQSJL££
fcli
J
Mi±_J-___M2
J1
'.U „ & ]
DOMESTIC
Ml PLUS
DEMAND
M2 PLUS
Ml PLUS
MEMBER
NONCURRENCY
TOTAL
LARGE
DEPOSITS 1 SAV-CBS T I M E DEP
MEMBER |
NEGOTIPLUS
Z CK DEP
EXCEPT
CURRENCY! 3 THRIFTJ LG Cp$ i ABLE CDS!
L
i
T6777~
35.0
437~
391.9
307.6
211.6
415.1
~1
1317™
35.7
309.4
8
44. 1
213.3
132.2
394.0
169.3
416.6
35.4
211.0
130.6
43.6
306.5
167.4
414.2
392.2
15
34.8
128.9
303.6
389.5
208.4
22
165.0
411.1
43.4
33.7
406.5
126.0
299.0
203.9
161.0
42.9
385.3
29
33.7
299.5
204.5
5
126.1
161.1
43.3
406.8
386.0
33.6
297.7
202.7
124.1
159.1
43.6
12
405.3
384.7 1
33.6
124.2
202.7
159.2
43.4
297.6
405.3
19
385.0
122.3
156.7
33.0
294.8
199.8
26
43.1
402.6
382.6 1
33.4
159.1
124.3
297.8
405.5
202.7
43.5
385.7 1
5
33.6
123.8
158.9
202.7
298.0
43.8
12
405.8
386.3
124.9
159.9
33.6
406.8
387.7
203.7
43.8
299.2
19
123.7
404.9
297.5
201.8
158.3
43.5
386.2
26
33.2
43.7
33.5
125.2 1
160.1
407.4
388.7
299.7
203.8
2
205.9
34.3
44.4
301.4
9
125.8
161.5
409.4
390.8
43.9
128.7
412.3
35.2
165.3
304.2
209.2
16
394.0 I
43.7
409.7
301.8
207.1
163.4
391.7
34.8
127.3
23
33.9
43.4
406.6
125.5
160.7
298.6
388.9
204.1
30
44.1
297.3
33.9
123.5
158.7
405.3
387.8
71 2 0 2 . 9
296.9
122.9
34.0
158.3
44.2
202.5
14
387.6
405.0
296.7
33.7
158.1
404.7
123.1
44.1
387.4 1
202.2
21
157.4
295.8
33.3
122.7
43.9
386.7
403.7
201.3
28
159.7
298.9
44.7
34.0
124.2
406.7
389.9
204.4
4
124.4
34.6
160.3
299.7
44.9
205.2
407.2
390.8
11
125.9
34.8
162.0
44.7
392.1
301.1
206.7
408.0
18
298.1
203.7
34.1
388.9
123.9
44.5
404.4
25
159.2
161.9
34.6
44.8
301.1
126.0
391.9
206.7
2
406.8
301.4
161.7
9
45.8
207.5
35.0
125.3
406.6
392.1
125.6
301.0
35.3
45.2
16
162.2
405.8
207.5
391.6
298.4
159.9
45.1
23
34.6
124.0
402.6
388.8
205.0
44.7
298.0
124.5
30
34.3
160.1
204.8
401.9
388.3
299.0
6
124.4
45.4
205.9
402.5
389.1
34.7
160.4
45.5
297.9
204.9
13
34.9
123.3
159.5
401.2
388.0
204.4
159.0
400.3
297.3
34.6
123.1
45.3
20
387.3 i
27
34.2
121.8
157.3
397.9
202.4
45.0
295.2
385.2 !
34.9
45.4
401.1
3
124.2
388.7
298.6
160.4
205.8
401.7
35.6
124.1
45.6
206.7
10
299.4
161.1 ]
389.6
17
35.9
125.8
45.3
403.2
163.1
391.3
208.4
301.1
24
45.1
35.1
122.8
399.0
159.3
297.0
387.2 !
204.3
45.0
35.0
124.4
1
160.8
400.6
388.9
205.7
298.5
35.7
8
125.0
402.6
300.7
45.8
207.9
162.1
390.9
125.8
163.3
45.8
403.5
15
301.9
36.2
209.1
391.9
45.7
402.6
22
125.5
35.9
162.8
208.4
391.2 I
301.1
125.0 1
161.7
29
45.3
35.4
401.1
299.6
207.0
389.6
127.0
164.3
45.9
5
392.7 I
404.2
210.2
36.1
303.0
164.1
126.3 !
46.4
36.5
12
404.0
303.4
210.5
392.5
127.1 1
164.9
211.3
19 I
46.3
404.5
36.7
304.4
393.1 I
208.7
162.4
36.0
125.2
46.3
401.9
26
390.6
302.1
127.6
165.4
212.1
36.7
46.7
405.2
305.5
3
394.0
127.0
36.8
212.1 1
165.1 I
10
47.0
305.4
405.2
394.0 I
129.8
168.3 1
46.8
308.3
215.1
37.2
408.3
17
397.2 I
128.6
407.6
214.3
37.1
167.0
307.3
24
47.3
396.5
131.9
217.8
37.7
171.0
46.8
311.1
411.2
31
400.2

J!
I1M£_AND_.SAYJLMi£_a££Q£II£
i
OTHER j
CDS
TIME
SAVINGS
TOTAL
U.S.GOVTI
DEPS
1
DEMAND |
1
23.1
22.6
22.1
21.5
21.2
20.3
20. o
20.3
20.0
19.8
19.5
19.1
18.8
18.7
18.5
18.2
18.0
17.8
17.5
17.4
17.3
17.0
16.8
16.4
15.9
15.4
15.0
14.5
14.1
13.8
13.6
13.4
13.2
13.'0
12.7
12.4
12.2
11.9
11.8
11.7
11.7
11.6
11.5
11.4
11.5
11.4
11.4
11.3
11.2
11.2
11.2
11.1
11.0

I

1

1

J
84.4
84.7
85.7
86.0
86.4
86.6
87.1
87.5
87.9
88.0
88.4
88.6
88.8
89.1
89.5
89.9
90.0
90.3
90.5
90.8
90.8
91.0
91.1
91.2
91.1
90.9
90.8
90.8
90.7
90.5
90.3
90.2
90.2
90.1
90.1
90.2
90.3
90.3
90.3
90.5
90.3
90.2
90.2
90.1
89.8
89.2
; 8 8 . 7
'88.6
88.5
88.7
88.9
89.2
89.3

|
I
i
I

9579~~
96.0
95.4
95.2
95.0
94.9
95.0
94.3 J
94.9
95.0
95.3
95.4
95.6
95.8
95.5
94.9
94.6
94.4
94.4
94.3
94.4
94.4
94.4
94.4
94.3
94.3
94.4
93.8 1
93.5
93.3 1
93.1 1
93.0
92.9
92.8
92.8
92.6
92.6 i
92.6
92.6
92.7
92.8
92.7
92.6
92.5 1
92.7 !
92.8
93.1 1
93.2 1
93.3
93.3 1
93.1 1
92.9 1
93.2 1

203.5
203.3
203.2
202.7
202.6
202.4
202.6
202.6
202.8
202.8
203.1
203.1
203.1
203.6
203.5
203.1
202.6
202.5
202.4
202.5
202.4
202.4
202.3
202.0
201.3
200.7
200.2
199.2
198.3
197.6
197.1
196.6
196.3
195.9
195.6
195.3
195.1
194.8
194.6
194.9
194.7
194.4
194.2
194.1
194.0
193.5
193.2
193.2
193.1
193.1
193.2
193.2
193.4

1
5.4

|

4.5 1
2.8 |
4.6 |
7.0 |
7.6 |
7.3 f
6.8 |
6.7 |
5.3 |
4.2 |
4.6 f
5.9 |
3.7 |
3.8 J
3.4 |
6.7 |
8.0 |
10.2 1
10.2 1
9.3 |

8.3 1
5.7
4.3
5.7
8.4
5.8
5.7
3.2

|
|
|
|
|
|
|

7.0 I
6.4 I
5.3 I
4.0
3.4

|
|

4.8 I
3.5 I
3.4 I
4.5 I
7.5 1
1
1
I
1
1
!
1
1
1

6.8

|

4.9
2.7
4.2
4.5
5.5
4.9
4.3
5.5

I
|
I
I
1
I
I
I

6.0

|

4.4 I
5.0 |
7.4 |
5.4 |

TABLE 5
MONEY STOCK MEASURES, COMPONENTS,

X

"T9?CTJAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
J UN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC




Ml

fll±

[

M2

AND RELATED

ITEMS

-SEASONALLY AQJJJiI£Dx-BILLlQN5 OF DQLLA&S.
1
DEMAND DFP0S1.IS
1
M£

DEMAND
MI PLUS ! Ml PLUS M2 PLUS
CURRENCY
LARGE
IDEPOSITS 1 SAV-CBS I T I M E DEP
EXCEPT I N E G O T I PLUS
|£ CK DEP
L£ii£R£JUI*.la THRIFT 1 LG CDS 1uABLE-GDSJ
4676~"I
414.8 1
T 1 221.4 1 314.8 1 404.0 I
14 1
46.3 1
219.0 1
411.9
401.3
311.9 I
409.1
216.6 I
21
46.0
398.6 1
309.1 I
210.9
28
403.1
392.6 !
303.1 1
45.5 1
402.6 I
302.5
392.3 1
210.5
4 1
45.8 1
208.1
300.0
400.5
390.1 1
46.2
11 1
400.6 i
299.5
46.0 1
390.0
18 1
207.6
204.4 1
45.7 1
397.9
25 !
387.2 1
296.3
391.7 1
300.4 1
4
46.0 1
402.6
208.4
208.7
392.6
300.9 !
46.5
403.7
11 1
301.8
46.4
405.1
209.4 1
18 1
393.8 I
299.8
25
403.7
392.1
207.2
46.2 1
303.7
408.7
1 E 210.8
396.7
46.3
306.9
412.7
400.4
46.9
213.9
8
414.4
46.8
215.4
401.8
308.3
15
414.6
307.7
401.7
215.1
22
46.6
410.9
397.9
303.2
210.8
29
46.4
411.7
398.7
304.0
211.3
6
47.2
410.7
302.7
397.7
210.0
13
47.4
410.9 1
397.9
302.6
209.7
47.3 i
20
300.8
207.8
27
47.0
409.2
396.2
399.7
412.7
304.1
47.6
211.0
3
305.0
413.7
211.7
48.0
400.8
10
416.5
47.8
307.8
214.5
403.6
17
303.4
399.3
210.0
47.6
412.1
24
47.5
416.3
306.3
212.6
1
402.8
405.4
308.3
214.4
48.9
420.1
8
308.9
48.4
215.0
406.5
15
422.1
306.4
212.5
48.2
421.2
404.8
22
305.5
211.6
404.4
47.7
421.8
29
425.5
407.3
307.5
213.6
48.3
5
307.4
213.4
407.6
48.6
426.3
12
427.6
48.4
408.4
213.9
308.0
19
406.5
305.5
48.0
426.3
211.6
26
47.9
214.1
430.0
409.5
308.0
2
48.9
432.5
411.6
309.6
215.5
9
312.8
218.7 |
48.3
436.2
415.1
16
309.5
433.8
215.3
48.0
412.3
23
309.2
214.8
434.5
412.4
47.7
30
416.5
218.1
439.0
313.1
48.6
7
313.0
48.7
416.7
217.8
14
439.6
313.5
218.2
417.5
440.7
21
48.5
415.1 |
215.9 1
438.5
311.2
28
48.1
419.1
442.7
315.2
219.8 1
48.5
4
219.4 |
418.9 ,
442.9
315.2 I
111
49.3
420.9 i
445.2
317.5 1
221.3 1
18
49.2
218.7 I
443.4 !
418.6
315.2
25!
49.1
447.3
222.0 I
422.2
318.8 j
49.3
21
222.7
449.4
424.0
319.8 1
50.0
9
454.2
323.8 !
226.6 I
49.8
428.6
161
429.1
454.8
323.3
226.1
50.2
23 i
456.2
430.2
226.7
50.1
324.3
301

TOTAL

MEMBER

17471T 1
172.7
170,6
165,3
164.7
162.0
161.7
158.7
162,4
162.2
162.9
161.0
164.6
167.1
168.7
168.4
164.4
164.1
162,6
162,5
160.8
163.4
163.7
166.7
162,4
165.1
165.5
166.6
164.4
163.9
165.3
164.7
165.5
163.6
166,2
166.6
170. 3
167.2
167.0
169.5
169.1
169.7
167.8
171.2
170.1
172.1
169.6
172.8
172.7
176.8
175.8
176.7

I
1
I
1
!
1

DOMESTIC
NONMEMBER

134T6132.9
131.5
127.7
127.2
124.7
124.6
122.4
125.5 1
125.2
125.8
124.4
127.4
129.1
130.1
129.9
127.0
126.7
125.0
125.1
124.2
126.3
126.2
128.8
125.2
127.7
127.3
128.0
126.4
126.4
127.3
126.4
127.3
125.9
128.1
128.0
130.9
128.6
128.8
130.4 i
129.6
130.3
129.1
131.8
130.1
131.9
130.2
132.9
132.5
136.0
135.1
135.5

L

iiTI""
38.5 !
37.8
36.4
36.2
36.0
35.8
34.9 1
35.5 1
35.7
35.7
35.2
35.8
36.6
37.2
37.2 J
36.0 j
36.0
36.1
35.9
35.2
35.7
36.1
36.5
35.8
35.9
36.7
37.0
36.4
36.0
36.4
36.8
36.6
36.1
36.6
37.0
37.8
37.0
36.7
37.5
37.9
37.9
37.2
37.8
38.4
38.7
37.9
38.3
38.7
39.3
39.3
39.6

TTME~AND SAVINGS DEPOSITS
J
OTHER
TIME
TOTAL
SAVINGS
U.S.GOVTl
CDS
DEPS
DEMAND 1
1
1
1
J
193.4
89.3
9373""
4.8 |
10.8
192.9
92.8
89.5
10.7 1
3.3 I
192.5
89.6
92.4
10.5
4.2 I
89.6
10.4
6.1 |
192.2
92.1
10.4
192.1
89.9
6.6 I
91.9
10.4
91.8
192.4
90.2
6.9 I
6.8 j
90.6
10.6 1
91.8
193.0
10.8
91.8
91.0
8.0 |
193.5
6.9 |
91.9
10.9
194.2
91.4
6.5 I
91.8
11.1
194.9
92.1
6.3 |
195.7
92.1
11.2
92.3
196.5
92.4
11.6
7.7 |
92.5
93.0
12.0 I
7.0 |
92.8
197.8
5.6 |
92.9
93.6
12.3
198.8
93.6
3.6 |
92.8
12.6
199.0
92.6
94.1
199.5
6.2 I
12.8
94.9
200.1
92.3
13.0
5.5 I
92.6
200.4
7.1 I
94.8
13.0
200.7
5.3 |
92.6
95.1
13.0
6.4 |
201.2
95.4
92.8
13.0
92.9
13.0
95.5
7.4 I
201.5
201.7
93.0
95.7
13.0
5.0 |
95.9
13.0
4.2 |
202.0
93.2
12.8
5.2 |
202.0
96.0
93.2
12.8
93.3
202.1
96.0
9.3 I
13.5
93.5 J
96.6
7.9 |
203.7
6.9 |
93.8
14.7
205.7
97.2
15.6
93.8
6.0 |
207.1
97.7
208.7
93.8
98.4
16.4
6.2 |
93.7
99.1
17.4
7.8 |
210.2
6.9 1
211.8
99.9
18.2
93.8
18.7
213.0
93.9
100.4
5.8 I
6.3 |
213.6
19.2
94.0
100.5
93.8
101.1
19.8
9.0 |
214.7
20.4
215.9
93.8
7.2 |
101.6
20.9
94.0
216.9
6.0 |
102.1
217.5
94.0
21.1
4.7 |
102.4 |
21.6
102.9
8.4 |
218.6
94.1
22.1
94.3
8.5 |
219.8
103.3
94.9
220.8
22.5
7.6 |
103.5
22.9
95.0
5.0 |
221.8
103.8
95.2
104.1
222.5
23.2
5.0 I
23.4
222.7
95.2
104.0
7.1 I
95.4
222.9
6.1 |
23.6
104.0
223.4
95.7
24.0
5.0 |
103.8
96.1
24.4
103.5
5.0 |
223.9
96.4
224.7
103.4
24.8
6.8 i
5.9 |
225.3
96.6
103.5
25.1
96.9
226.6
6.4 |
25.4
104.3
227.6
97.0
104.9
25.7
5.1 I
228.8
97.1
9.4 |
25.7
105.9
229.5
97.4
8.5 I
26.0
106.1

1 9 7 1 JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC




MONEY STOCK MEASURES, COMPCNENTS», AND RELATED ITEMS
U O I - S E A S Q N A L L Y _ A Q J U £ I £ i } J _ M L l .IDNS_D£_DOLLA^S
;
QEMi^ND DFPGSITS
1
MJL±
MJ
L
hZ
JL
£14
J.
.L
DOMESTIC
Ml PLUS
DEMAND
Ml PLUS
M2 PLUS
NONCURRENCY
SAV-CBS T I M E DEP
DEPOSITS
TOTAL
MEMBER
LARGE
EXCEPT
I CK DEP
PLUS
MEMBER
NEGOTIL
1
. _ . L£ii£R£*l£lJ . 2 - I b B l E U _L£_£D£_ . A B L E - J I O S .
40.9
330.5
18274*"
437.5
232.2
139.9
463.7
8
40.6
49.4
179.4
327.3
228.8
137.3
434.8
13
461.4
433.3
325.0
226.3
40.0
49.0
135.8
177.3
460.4
20
320.1
38.7
172.7
132.5
429.4
221.2
27
48.5
456.6
320.7
38.4
221.6
431.0
172.8
132.8
48.8
458.0
3
320.4
38.5
431.6
220.6
131.3
171.3
458.8
10
49.3
33.4
49.4
432.7
131.3
171.2
460.0
321.0
220.6
17
38.0
129.5
169.0
318.7
48.8
431.3
217.8
458.5
24
38.3
172.0
132.2
49.2 1
463.9
436.3
322.8
221.1
3
38.5
131.6
171.6
324.1
49.8
466.0
438.1
221.4
10
38.5
132.8
173.0
49.7
468.9
440.7
326.0
222.6
17
38.2
131.7
440.1
325.1
171.5
468.3
221.0
24
49.5
38.2
133.1
173.1
470.4
442.7
222.4
49.3
327.2
31
39.4
135.9
475.7
448.3
332.9
177.0
50.3
227.3
7
40.1
178.4
136.6
50.4
450.0
334.6
228.8
477.2
14
40.4
136.9
334.6
476.7
449.8
228.8
178.8
50.0
21
39.2
134.2
174.8
446.5
330.3
224.4
473.4
49.6 j
28
38.9
447.4
330.9
174.7
50.2
474.5
134.2
224.9
5
39.4
133.4
50.7
475.6
331.5
174.3
448.5
225.0
12
39.3
132.9
475.6
448.3
330.9
173.8
50.5
224.3
19
38.7
132.6
475.4
447.7
329.9
172.9
50.2
26
223.1
39.3
50.7
333.1
134.5
175.4
479.2
451.2
226.1
2
334.7
9
39.9
481.2
452.8
134.5
176.0
51.3
227.4
40.4
137.0
178.9
483.6
455.4
337.3
16
51.1
230.0
334.7
134.9
480.9
452.8
176.3
227.3
23
39.8
51.0
177.5
50.9
39.8
336.0
30
136.2
482.7
454.2
228.5
340.1
7
40.7
52.4
487.1
458.6
232.4
137.8
180.1
41.4
136.4
339.0
179.3
52.1
14
231.4
486.4
457.6
338.3
136.5
51.9
21
40.8
178.9
486.4
230.8
457.0
28
135.4
336.0
40.2
51.4
228.5
455.1
177.1
485.0
337.3
4
135.9
51.8
40.6
178.0
487.0
456.7
229.8
337.9
40.9
52.3
11
135.5
230.3
178.0
457.5
488.0
40.9
52.1
18
135.3
177.8
229.9
488.2
457.2
337.5
51.7
25
40.3
335.0
227.5
133.8
454.9
175.8
486.3
51.4
40.6
134.9
335.9
228.5
177.1
487.8
1
456.3
8
52.5
230.6
41.2
135.2
178.1
338.3
490.6
458.9
137.3 !
52.1
42.0
340.7
15
233.0
181.0
492.9
461.3
51.8
491.7
22
41.6
136.1
339.0
231.2
179.4
460.0
29
51.3
40.8
135.1
336.9
228.9
490.9
177.6
458.4
136.4
495.4
6
41.7
52.2
340.6
179.8
232.0
462.3
136.1
52.5
13
42.2
496.7
341.3
232.5
180.0
463.2
136.7
52.1
341.9
42.4
497.8
20
180.8
464.0
232.9
136.4
51.9
27
41.8
497.0
463.4
340.8
231.7
179.8
52.0
499.7
138.2
343.7
3
42.6
466.3
182.5
234.5
136.4
52.9
43.1
499.4
234.0
10
466.2
343.5
181.0
52.8
137.8
43.4
235.5
17
182.7
501.3
467.9
345.5
52.8
42.6
499.9
136.3
233.2
24
343.7
180.4
466.1
52.7
138.1
42.9
502.6
235.3
182.6 |
346.0
1
468.7
53.6
237.9
43.6
139.2
506.2
349.0
8
184.3
472.1
141.0
53.4
240.1
44.2
351.1
509.4
186.7
15
475.5
240.9
141.1
53.7
351.9
44.2
187.1
510.6
22
477.1
141.4
44.3
352.4
241.1
53.6
29
187.5
512.4
478.6

I1MJL J ^ _ S A U I N £ £ _ U £ £ O S l I £
OTHER i
1
TIME
SAVINGS
TOTAL
CDS
DEPS
L
,
231.5
98.2
26.2
To77r~"
98.4
232.6
107.6
26.6
108.4
234.1
98.5
27.1
235.4
98.8
109.4
27.2
236.5
99.1
110.4
27.0
99.7
111.3
27.1
238.2
239.3
100.2
111.9
27.2
240.8
100.8
112.7
27.3
242.7
113.6
27.6
101.5
27.9
244.6
102.5
114.1
103.3
114.8
28.2
246.3
104.0
28.2
115.0 |
247.2
104.7
115.6
27.8
248.1
115.5
27.3
105.5
248.4
115.5
27.2
105.7
248.5
105.7
115.4
26.9
248.0
116.2
26.9
105.8
248.9
116.6
27.1
249.6
105.9
27.1
117.2
106.3
250.6
27.3
251.4
117.5
106.5
106.7
117.8
27.8
252.4
106.9
28.0
253.1
118.2
28.3
107.2
118.2
253.8
28.3
107.2
253.6
118.2
107.3
253.6
118.2
28.1
28.4
107.4
118.4
254.2
254.7
107.5
118.7
28.5
28.9
107.5
118.7
255.0
255.6
107.4
29.4
118.8
29.9
107.4
256.5
119.3
107.3
119.6
257.2
30.3
107.4
119.7
257.7
30.6
258.3
107.4
31.0
119.8
107.4
120.0
31.4
258.8
120.5
31.5
107.3
259.3
120.8
31.7
107.5
260.0
120.7
107.6
31.6
259.8
107.7
121.0
31.7
260.5
32.5
107.9
121.6
262.0
108.5
121.8
263.4
33.1
33.6
108.7
122.0
264.3
33.7
108.9
264.9
122.3
122.7
33.6
109.0
265.3
122.7
33.4
109.1 i
265.2
122.8
33.3
109.4
265.5
33.5
122.5
109.9
265.8
33.8
122.6
110.3
266.7
33.9
110.6
122.8
267.3
34.1
111.0 1
123.2
268.4
33.8
110.9
124.5
269.3
111.0
125.2
33.5
269.7
33.8
111.2 1
126.3
271.3

7

i

1

U.S.GOVTl
DEMAND |
J

'

77 2" |
4.9
5.1
8.3
9.8
8.8
8.2
8.1
7.7
5.7
6.0
5.5
4.1
3.3
4.1
7.3
6.6
8.9
8.4
8.4

|
1
|
|
|
I
|
|
|
|
|
|
I
I
|
|
|
I
|

7.3

I

1
1
I
1
1
l
1
1
I
1
I
1
1
1
1
1
1
1
1
1

6.5
3.9
4.5
7.0
6.6
7.4
6.9
7.0
6.8
6.4
4.5
5.9
9.5
8.5
6.8
6.5
8.2
9.1
7.3
4.4
4.2
5.9
5.6
4.1
3.5

|
|
I
|
|
|
|
I
|
1
I
|
|
|
|
|
I
|
|
|
|
|
|
|
|

1
1
1
1
1
1

4.2 I
3.9 I
4.6 |
4.3 |
9.2 |
9.0 |

i
1

-v—" -" "•"

~ \

m

Mil

Ml PLUS
DEMAND
SAV-CBS
DEPOSITS
G CK DEP
PLUS
CURRENCY 9 THRIFT
247.1
359.3
" 9 7 2 ~ J A N ~ "~5
244.1
356.7
JAN 12
241.9
354.8
JAN 19
236.6
349.8
JAN 26
236.0
2
349.5
FEB
9
235.5
FEB
349.5
235.1
FEB 16
349.3
233.3
347.9
FEB 2 3
MAR
234.0
1
349.0
MAR
236.2
8
351.8
238.1
MAR 15
354.4
MAR 22
237.8
354.7
236.7
MAR 29
354.0
5
APR
242.4
360.4
APR 12 I
244.2
362.2
APR 19
362.6
245.0
240.8
APR 26
358.3
239.7
MAY
357.1
3
237.9 1
MAY 10
355.3
239.5
MAY 17
357.4
236.0
MAY 2 4 !
354.2
238.1
356.4
MAY 3 1
241.4
7
360.1
JUN
361.5
242.6
JUN 14
361.7
242.6
JUN 2 1
359.4
240.2
JUN 28
365.7
246.3
5
JUL
246.9
366.4
JUL 12
365.5
246.0
JUL 1 9
362.6
243.1
JUL 2 6
364.1
244.5
AUG 2
244.7
364.5
AUG 9
365.3
245.5
AUG 16
363.4
243.5
AUG 23
363.4
243.5
AUG 3 0
368.1
248.2
6
SEP
368.9
248.8
SEP 13
369.0
248.9
SEP 2 0
365.3
245.0
SEP 27
370.2
4
249.3
OCT
371.8
250.7
OCT 1 1
372.4
251.2
OCT 1 8 ]
249.6
370.8
OCT 2 5
251.6
372.8
1
NOV
374.6
253.3
8
NOV
376.4
254.5
NOV 15
253.9
376.3
NOV 2 2
375.6
253.0
NOV 2 9
381.1
6
258.3
DEC
382.7
260.0
DEC 13!
386.2
263.6
DEC 2 0
387.0
264.2
DEC 2 7 |




MONEY STOCK MEASURES, COMPONENTS, AND RELATED ITEMS
N0T SEASQNALLY_ADJlLSI£D A _BlLLimiS_D£_QDLLA&5___
M4
Q£H WD DEPQS,
1
M2
I
.
1
DOMESTIC
M2 PLUS
Ml PLUS
CURRENCY
MEMBER 1
NONTOTAL
LARGE
T I M E DEP
MEMBER
NEGOTIEXCEPT
ARI E CDS
1
J
LG CDS
!
45.6
T4676~
53.2
193.9
519.7
486.0
45.5
191.1
53.0
144.1
517.7
484.1
44.9
142.9
189.3
52.6
482.7
516.5
43.6
52.0
139.6
184.6
512.3
478.5
139.4
43.2
52.0
512.4
184.0
478.7
137.9
52.9
43.3
182.6
512.5
479.1 I
52.7
43.4
137.7
182.4
513.0
479.5
42.9
180.7
136.5
52.6
512.6
1
478.9
514.4
43.0
137.4 !
52.3 !
181.8
1
480.6 i
43.6
138.0
182.9
53.2
517.4
!
483.5
44.0
184.9
139.6
53.2
520.2
1
486.8
139.7
184.7
53.1
43.8
519.5
I
486.6
183.9
52.8
43.3 1
139.3
519.5
486.3 I
143.1
44.5
53.6
525.7
188.8
492.6 I
190.4 1
45.5
143.7
53.8
527.8
1
494.6
45.8
144.6
53.5
529.3
191.5
1
495.7
141.9
53.1
44.7
187.7 1
526.3
1
492.1
53.4
44.3
140.9
526.2
491.9
186.3
183.7
44.5
54.2
525.5
138.2
491.1 I
54.0
527.7
139.7
492.9
44.8
185.5
43.9 1
53.8
525.3
137.2
182.2
1
490.1
53.8
528.4
1
492.9 1
139.0
184.2
44.0
140.6
45.2
186.9
54.5
532.5
496.7
54.6
45.7
188.0
534.2
141.2
1
498.2 1
141.4
45.6
188.1
54.5
533.9
1
498.3 !
54.1
140.0
496.4
186.2
532.1
45.0
143.8
46.0
191.1
55.2
539.0
!
503.2
143.4
55.4
539.6
47.0
191.5
503.6
46.8
143.0
55.1
539.8
190.9
503.1
54.7
188.4
500.8
46.0
141.2
538.2
142.5
46.3
540.8
502.9
189.8
54.7
189.1
542.5
46.7
55.6
503.9
141.3
47.1
544.5
505.3
142.1
190.2
55.3
543.6
140.9
55.1
46.6
188.5
503.7
545.1
188.9
54.6
504.4
141.5
46.5
550.3
47.6
144.0
192.6
55.6
509.3
193.4
551.5
510.5
48.5
143.8
55.5
193.7
144.4
48.2
55.2
550.9
!
510.1
141.8
54.8
548.1
507.2
47.3
190.2 J
47.9
145.1
194.1
554.1
512.9
55.3
48.9
555.9
514.5
144.5
194.4 i
56.3
49.4
145.1
55.9
557.4
515.5
195.4
48.6
144.3
193.9
556.3
55.7
514.2
146.4
48.9
196.4
558.1
55.3
516.0
146.4
196.6
560.4
49.3
56.7
518.0
146.6
197.7
561.9
50.2
519.0
56.8
146.0
196.9
49.9
57.0
562.1
518.8
196.4
145.7
49.6
56.7
518.0
561.8
200.9
149.4
523.8
50.3
57.4
567.6
149.9
51.0
202.1
57C.4
526.5
57.8
152.9
205.6
51.4
531.1
575.3
58.0
51.9
205.8
577.7
533.1
152.5
58.4

1
IIM£-AMa-iA)OMfi^-Q£PQS I I S
1
1 OTHER I
|
|
TIME
U.S.GOVT|
TOTAL
SAVINGS
CDS
DEPS
DEMAND I
L
1
L
_ J
J
2727™
126.8
112.1
9.0 I
.
273.6
112.5
5.9 |
33.6
127.5
7
274.6
128.1
33.8
112.7
6.4 1
33.9
275.7
128.8
7.8 |
113.1 i
33.6
129.4
276.4
113.4
9.2 1
33.4
277.0
129.8
113.8 J
8.5 I
33.5
277.9
130.3
114.1
6.9 I
33.7
131.1
6.6 |
279.3
114.6
280.4
33.9
131.7
7.2 |
114.9
33.9
131.8
6.6 |
115.6
281.2
132.5
33.4
6.7 |
282.1 1
116.2
32.9
281.7
132.0
9.3 I
116.8
282.8
9.2 I
117.2
132.4
33.2 1
283.3
33.2
117.8
132.3
7.5 1
283.5
5.9 I
117.9
132.5
33.1
33.7
6.9 |
284.3
133.2
117.5
8.5 |
285.5
34.1
117.4
134.0
134.9
34.3
11.9 |
286.5
117.3
135.9
34.4
287.6
11.2 |
117.2
135.6
34.8
288.2
10.8 |
117.8
10.4 |
136.0 i
35.2 i
118.1
289.3
136.6
35.5
290.3 !
118.2
9.0 |
136.7
291.1
35.8
118.6
6.2 I
136.8
291.5
118.8
36.0
4.2 |
35.6
136.8
8.6 |
291.3
118.9 |
35.7
7.9 |
291.8
119.0
137.1 J
137.7
35.8
292.7
8.4 |
119.3
292.7
119.4
6.0 |
137.3
36.0
36.7
137.7
293.8
119.3
6.2 1
37.4
295.1
8.5 |
138.3
119.4
138.9
119.4
38.0
7.9 |
296.3
38.6
139.6
6.5 |
297.8
119.6
299.0
39.2
5.3 |
119.7
140.2
140.4
39.9
4.7 |
300.0
119.8
119.7
141.1
40.8
4.4 |
301.6
41.1
141.3
119.8
302.1 1
3.5 I
141.7
302.7
119.9
41.0
3.2 I
141.2
40.8
6.7 |
302.0
120.0
120.2
142.1
40.9
8.7 |
303.2
120.8
142.8
9.1 |
304.8
41.2
142.9
41.4
305.3 1
121.0
5.5 |
143.3
41.9
306.1
121.0
5.5 |
143.5
7.4 |
121.1
42.2
306.7
121.0
143.3
42.0
306.4
7.2 |
42.4
143.6
121.1
307.0
6.6 I
142.7
42.9
121.8
307.4
4.6 |
142.6
122.3
43.3
308.2
6.1 t
122.4
142.5
43.8
308.7
7.4 |
142.9
43.8
309.3 1
122.6
7.2 1
122.6
43.9
310.5
144.0
5.2 I
122.5
44.3
311.8
145.0
7.0 I
313.5
44.6
122.6
8.4 |
146.2

MONEY

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
J UN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC




MEASURES,

TABLE 5
COMPONENTS,

Bit
J
M2
M
.
Ml PLUS
Ml PLUS
DEMAND
M2 PLUS
CURRENCY
LARGE
SAV-CBS TIME DEP
DEPOSITS
L CK DEP
NEGOTIEXCEPT
PLUS
ICURRENCY lfl_IUfiUEU _LiL-£Di_ .A£JJE_££SJ
394.2
540.9
3
585.3
270.5
390.8
267.1
10
5
538.1
582.5
57
7 .. 6
4
17
57.0
389.0
265.3
537.2
582.1
259.6
24
56.4
532.1
383.1
577.3
574.9
55.9 |
529.3
255.8
31
379.2
379.7
256.3
7
576.4
530.0
56.8
57.0
255.1
14
378.8
577.8
530.2
254.7
56.9
378.4
530.3
21
578.8
56.4
376.2
252.4
28
578.7
529.0
255.7
379*9
57.4
533.5
584.8
7
254.9
14
379.5
57.6
586.8
533.8
380.6
57.5
534.7
255.7
588.8
21
378.3
253.2
533.5
28
57.1
588.2
257.9
57.7
538.6
383.5
4
594.0
386.6
260.9
541.7
58.7
597.8
11
263.4
58.5
383.7
601.3
545.2
18
259.0
384.1
25
58.1
597.0
541.1
383.5
258.3
57.8
597.3
2
541.0
382.8
257.2
59.1
9
597.7
540.5
384.3
258.5
16
58.8
542.5
600.7
256.0
382.2
58.6
23
599.9
540.9
382.6 1
256.3
30
541.6
601.1
58.6
388.4
261.9
547.1
59.4
6
606.6
390.4
263.6
13
549.5
609.0
59.7
391.1
264.4 I
549.0
20
608.1
59.5
387.9
261.1
546.4
27
605.4
59.0
392.9
265.7
551.7
4
611.4
59.8
393.4
267.3
552.6
11
612.8
60.5
393.1
266.3
613.4
552.2
18
60.1
262.7
389.1
25
59.6
611.8
549.0
388.6
262.6
59.4
614.1
1
549.8
388.9
263.1
8
60.5
617.2
551.5
263.9
389.1
15
60.3
619.9
552.5
387.7
262.8
22
620.6
60.1
551.9
29
384.2
259.6
59.5
618.4
548.8
5
262.8
387.1
60.3 1
552.7 1
622.3
12
389.3
265.0
60.5
555.0
624.0
19
264.9
389.0
60.1
554.9
624.0
26
384.4
260.3
59.6
550.8
619.8
388.6
3
59.9
264.0
555.5
62 3 . 7
10
389.7
264.9
61.1
557.7
624.8
17
60.6
392.1
560.7
267.2
627.3
24
388.5
60.4
558.1
263.5
624.4 I
59.9
31
390.6
265.6
626.6
560.7
71
269.5
563.9
628.9
394.5
61.1
14 1
61.5
270.8
629.8
565.6
396.3
270.6
21
61.7 1
629.0
564.9
396.6
281
61.4
269.2
62 8 . 1
395.3
564.0
61.9
632.6 1
273.0
5
568.8
399.2
637.4
276.5
12
62.7
402.8
573.4
640.6 i
278.6
19 1
62.8 !
404*7
576.7
642.3
279.2
26 I
63.4
405.3
578.4

m

1973

STOCK

AND

RELATED

ITEMS

_aiU.10N£_Q£_UlJLLAR£

QEMAND_QE£DS1LS
"]
DOMESTIC
MEMBER
NGNTOTAL
MEMBER

ITiT""
209.5
208.3
203.2
199.9
199.4
198.1
197.8
196.0
198.3
197.3
198.2
196.1
200.2
202.3
204.9
200.9
200.5
198.1
199.7
197.4
197.7
202.5
203.9
204.9
202.1
205.9
206.8
206.2
203.0
203.2
202.6
203.6
202.7
200.1
202.5
204.4
204.8
200.7
204.1
203.9
206.6
203.1
205.7
208.3
209.3
208.9
207.8
211.1
213.9
215.8
215.9

^iml : - A N 0 _ S A m i £ S _ a E £ O S l I £
CDS

OTHER
TIME
DEPS

15875""

557"

447V

l467<T"

154.4
153.6
150.3
148.4
147.4
146.0
145.7
144.2
145.9
144.6
145.7
144.5
147.6
148.4
150.4
147.5
147.6
145.0
146.0
144.5
145.0
148.3
148.8
149.6
147.5
150.3
150.2
149.7
147.8
148.4
147.5
147.9
147.7
146.1
147.7
148.3
148.7
146.0
149.1
148.2
150.0
147.8
150.2
151.6
151.3
151.2
150.4
153.5
155.4
156.6
156.5

52.7
52.3
50.6
49.2
49.8
49.8
49.7
49.2
50.0
50.3
50.1
49.3
50.4
51.7
52.4
51.3
50.7
50.9
51.5
50.6
50.4
51.8
52.5
52.7
51.9
52.7
53.9
53.8
52.5
52.1
52.6
53.1
52.6
51.8
52.5
53.8
53.7
52.3
52.8
53.5
54.3
53.0
53.3
54.4
55.3
55.1
54.6
55.1
55.9
56.4
56.4

44.4
44.8
45.1
45.6
46.4
47.5
48.5
49.7
51.3
53.0
54.1
54.7
55.4
56.1
56.1
55.9
56.4
57.2
58.2
59.0
59.6
59.5
59.5
59.1
59.0
59.6
60.2
61.3
62.8
64.3
65.7
67.4
68.6
69.5
69.5
69.1
69.1
69.0
68.2
67.1
66.5
66.3
65.9
65.0
64.2
64.0
64.1
63.8
64.0
63.9
63.9

147.5
148.4
149.2
150.3
150.4
151.7
152.1
153.0
153.8
154.5
154.3
155.4
155.2
155.3
156.7
157.2
157.7
158.0
158.4
159.0
159.2
158.9
159.4
158.1
158.7
159.1
159.5
159.3
160.1
161.5
162.9
163.6
164.5
164.9
165.9
165.9
166.2
166.7
167.2
168.2
168.9
169.9
170.5
169.7
169.6
168.6
168.9
169.9
170.9
172.3
173.5

1

!

I

1
SAVINGS

T557~
123.6

1

I

1

1

I
1

123.6
123.3
123.2
123.3
123.4
123.5
123.6
124.0
124.4
124.7
124.9
125.4
125.5
125.1
124.9
124.9
125.3
125.6 |
125.9
126.0
126.3
126.5
126.5
126.5
126.9
125.8
126.5
126.2
125.7
125.5
125.0
124.7
124.3
124.1
124.1
123.8
123.8
124.3
124.5
124.6
124.7
124.6
124.7
125.2
125.7
125.8
125.9
126.0
125.8
125.7

1
1

TOTAL

U.S.GOVTI
DEMAND |

5l47F~
315.5
316.8
317.6
319.1
320.2
322.6
324.0
326.3
329.0
331.8
333.0
335.0
336.1
336.9
337.9
338.0
339.0
340.5
342.2
343.9
344.8
344.7
345.4
343.7
344.3
345.7
345.5
347.1
349.1
351.5
354.1
356.0
357.8
358.8
359.5
359.1
359.1
359.5
359.7
359.9
360.1
360.9
361.0
359.4
359.0
358.4
358.9
359.6
360.9
362.0
363.1

To74~|
7.5
5.9
8.0
10.1
8.8
9.1
10.9
10.6
9.7
8.5
11.6
11.6
10.3
6.3
6.1
9.4
11.7
10.9
8.5
7.8
6.9
5.1
3.4
8.5
9.7
10.1
6.6

1
1

|
I
|
|
|
I
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I
|
|
|
|
|

5.1 I
6.3 I
6.2
4.9
3.9
4.0
3.5
3.2
3.7

|
|
|
I
|
|
|

5.1 I

1

1
1

6.9
8.0
6.5
5.2
5.8
5.6
5.7
3.7
3.9
4.1
4.4
3.2
5.6
8.6

|
|
|
|
|
|
|
|
|
|
|
I
|
|

TABLE 5
MONEY STOCK MEASURES, COMPONENTS, AND RELATED ITEMS

1 9 7 4 JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
NOV
NOV
NOV
MOV
DEC
DEC
DEC
DEC




Ml
.
L fite
L
MZ
Bit
.
Ml PLUS M2 PLUS
Ml PLUS
DEMAND
LARGE CURRENCY
[DEPOSITS 1 SAV-CBS T I M E DEP I
NEGOTIPLUS
a CK DEP EXCEPT
iCURRENCY [a THRIFT L-LG_£RS_ LAfiLE-CHS.
650.6
586.1
411.9
285.1
2
~627o"""
9
649.8 i
584.7 1
62.4
282.8
410.2
648.6
16
61.9 1
280.1
583.0 1
407.5
61.4
644.3
578.2
273.7
23
401.1 1
640.9
60.8 |
574.2 i
396.0
30
268.8 1
642.9
576.3 1
61.7
397.8
270.4
6
643.5
577.3
397.3
269.6
13
62.1
578.9 1
62.0
644.8
398.4 i
270.4
20 1
61.4 i
577.0 1
395.0
266.8
642.7
27
62.5
648.9
583.1 1
400.8
6
272.2
583.9 !
62.9
401.1
271.8
650.1
13
583.6
401.3
271.5
62.7 1
650.0
20
399.6
582.7 1
62.4
649.7
269.3
27
588.9
405.7
62.8
274.6
657.6
3
409.6
278.1
593.3
64.2
663.8
10 I
63.9
668.9
413.2
597.2 1
17
282.2
406.7
275.8
24
63.2
591.4
664.1
63.0
661.9
588.0
403.1
272.3
11
64.4
403.0
272.1
8
588.0 1
663.1
272.9
64.3
404.1
15
665.9
589.4 1
402.9
271.5
64.1
22
666.1
588.3 1
29
64.0
268.8
400.2
665.5
586.2 i
64.5
593.4 1
407.3
275.7
5
672.7
277.4
65.2
595.7 I
409.3
12
675.1
410*7
64.8
676.0
278.4
19
596.6 1
407.5
26
275.0
64.2
673.0
593.3
679.4
598.9 I
65.1
413.3
280.2
3
10
66. 1
680.4
414.2
280.8
599.5
65.5
682.4
281.4
17
600.3 !
414.6
409.7
65.0
679.9
24
276.6
596.0 I
64.6
681.3
276.1
31
408.8
596.1 I
65.9
683.8
277.8
7
410.5
598.1
66. 1
410.9 1
14
278.3
599.6 I
686.1
65.7
276.6
685.1
597.7
408.9 i
21
65.1
594.7 1 682.8
273.3
28
405.3
408.9
65.8
687.3
598.8 1
277.2
4
411.1
66.3
689.5
600.7
279.3
11
65.9
279.8
689.0
600.4 1
411.3
18
406.7
65.3
596.5
685.1
275.2
25
65.4
600.0
409.6
277.7
689.3
2
279.7
67.0
412.3
9
692.3
603.2
415.5
607.3
696.1
282.7
66.8
16
605.0
412.5
66.4
693.9
279.6
23
603.6
66.0
692.0
411.0
278.3
30
416.1
694.9
607.5
293.3
6
67.3
696.7
68.0
284.7
418.1
609.5
13
67.8
696.1
609.4
418.8
284.8
20
67.7
607.6 |
416.9
282.6 i
694.5
27
68.4
700.0
612.3
423.0
288.2
4
289.7 i
703.9
424.7
69.2
615.0
111
617.4
426.1
69.2
707.8
291.2 !
18
425.9
69.7
710.0
618.3
291.1 |
25|

Q£HAND_ DEPOS ITS
1ZZZZnMl-ANDZlA^iSfillaiHasiilZIII]
OTHER
DOMESTIC
SAVINGS
TOTAL
U.S.GOVTI
TIME
MEMBER
CDS
TOTAL
NONDEMAND |
DEPS
MEMBER

2237<T"

1627o~

220.4
218.2
212.3
207.9
208.6
207.4
2 08.4
205.4
209.7
208.9
208.8
207.0
211.8
214.0
218.3
212.6
209.3
207.6
208.7
207.4
204.8
211.2
212.2
213.6
210.7
215.1
214.7
215.9
211.5
211.4
211.9
212.2
210.8
208.2
211.3
213.0
213.9
209.9
212.3
212.7
215.9
213.2
212.3
216.0
216.6
217.0
214.9 j
219.7
220.5
222.0
221.4 |

158.9
157.6
153.4
150.9
151.5
150.2
151.2
149.1
152.4
151.3
151.5
150.4
154.0
155.1
158.1
154.1
151.8
150.4
150.9
150.2
148.3
152.8
152.8
153.1
151.4
154.9
153.9
155.0
152.3
152.7
152.6
152.6
151.7
150.0
152.4
152.6
153.5
151.1
153.7
153.1
155.0
153.0
152.9
155.7
155.2
155.6
154.5
158.1 I
158.3
159.4
159.1 |

L

iiTcT"
58.3
57.7
56.1
54.1
54.5
54.6
54.5
53.8
54.6
54.9
54.5
53.8
54.9
56.1
57.2
55.8
54.7
54.6
55.2
54.5
53.9
55.4
56.2
56.2
55.4
56.3
57.0
57.0
55.6
55.1
55.9
56.3
55.9
55.2
55.9
57.3
57.1
55.5
55.4
56.5
57.7
57.1
56.2
57.0
58.0
57.6
56.7
57.7
58.3
58.6
58.3

1

I
1

i

1

1

6 45 .. 51
65.6
66.0
66.7
66.6
66.2
65.9
65.7
65.8
66.2
66.4
67.0
68.6
70.5
71.6
72.7
73.9
75.1
76.4
77.9
79.2
79.4
79.4
79.4
79.7
80.5
81.0
82.1
83.9
85.2
85.8
86.5
87.4
88.2
88.5
88.7
88.6
88.7
89.3
89.2
88.8
88.9
88.3
87.4
87.1
86.7
86.8
87.7
88.9
90.4
91.7

L

J
174.5
174.8
175.8
177.5
178.4
178.8
180.3
180.9
182.2
182.5
183.1
182.7
183.4
183.5
184.1
184.3
185.0
185.2
185.3
185.7
185.7
186.4
186.4
186.8
186.2
186.2
185.9
185.6
186.1
186.6
187.6
187.9
189.1
189.2
189.7
190.2
190.0
189.5
190.1
190.7
191.3
192.2
192.9
193.0
191.8
191.8
191.0
191.1
189.7
190.7
191.8
192.8

1

1 2 6 . 5~~
127.1
127.1
127.1
127.0
127.1
127.4
127.7
127.9
128.3
128.9
129.5
130.0
130.8
131.1
130.7
130.6
130.5
130.7
130.8
131.1
131.1
131.3
131.6 !
132.0
132.2
132.8
133.0
132.9
132.8
132.4
132.4 1
132.3
131.9
131.7 1
131.4
131.4
131.2 1
131.2
131.6
132.2
132.4 j
132.5
132.3
132.4
133.1
133.6
133.9
134.4
134.6
134.5
134.4

365.5
367.0
368.5
370.6
372.1
372.5
373.9
374.4
375.8
376.7
378.2
378.5
380.4
383.0
385.7
386.7
388.3
389.6
391.1
392.9
394.6
396.7
397.0
397.7
397.6
398.0
399.2
399.6
401.0
403.3
405.2
406.1
407.8
408.5
409.5
410.1
410.2
409.2
409.9
411.6
412.7
413.4
414.3
413.7
411.6
412.0
411.3
411.8
411.8
414.2
416.7
418.9

1
10.0 |
8.5 |
6.2 |
7.4 |
9.2 |
8.8 |
6.0 |
5.2 |
6.7 |
6.7 |
4.3 |
7.2 I
6.9 |
7.2 |
4.6 |
4.6 |
6.0 !
9.4 |
11.2 |
7.6 |
6.5 |
5.3 \
4.3 I
3.7 |
6.7 |
8.0 |
8.7 |
6.9 |
4.2 |
4.6 t
4.3 |
4.3 |
3.7 |
4.0 i
4.1 I
3.4 |
3.8 |
5.7 |
7.1 I
6.8 |
4.7 |
3.1 I
3.4 |
3.1 |
3.3 |
2.9 1
3.2 |
4.0 {
3.8 |
3.1 |
4.9 |
6.3 1

TABLE 5
MONEY STOCK MEASURES! COMPONENTSt AND RELATED ITEMS
«__..«_.T._

—

~975~JAN~
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC




1
8
15
22
29
5
12
19
26
5
12
19
26
2
9
16
23
30
7
14
21
28
4
11
18
25
2
9
16
23
30
6
13
20
27
3
10
17
24
1
8
15
12
29
5
12
19
26
3
10
17
24
31

Mi
1
M1+ 1
M2
C14
.
Ml PLUS
Ml PLUS 1 M2 PLUS
OEMAND
CURRENCY
SAV-CBS T I M E DEP
LARGE
DEPOSITS
S CK DEP EXCEPT 1 N E G O T I PLUS
CURRENCY! iJ_XtiEI£I. 1 LG COS 1 ABLE CDSI
623.7 1 716.4
431.0
295.6
68.3
717.9
431.4
68.6
625.1
295.2
427.8
291.3
68.1
715.3
623.3
422.7
709.7
618.1
67.6
286.1
415.6
66.9
278.8
612.0
703.5
279.9
67.5
416.9
704.1
613.5
279.6
705.7
417.3
68.2
615.8
68.1
278.8
704.7
615.7
416.9
414.5
275.6
67.3
702.2
614.2
68.3
619.8
420.*4
280.8
707.6
711.4
623.5
423.7
282.9
69.2
623.1
423.4
68.9
281.6
711.2
279.7
68.6
710.0
621.6
422.4
626.5
426.8
68.8
714.6
282.9
69.9
719.1
632.2
433.2
288.1
69.4
634.6
435.3
720.5
290.1 ,
69.0
716.0
630.9
431.5
286.2
426.4
711.1
68.4
281.0
626.5
712.7
628.7
69.8
428.1
282.2
429.7
715.8
631.5
70.1
283.1
429.9
631.7
70.0
282.4
716.2
430.4
633.2
717.0
282.1
70.0
436.7
287.5
70.4
722.2
639.2
643.4
726.3
441.1
290.5
71.6
443.9
646.0
292.7
71.3
728.2
642.6
440.8
70.9
289.1
724.3
646.6 1
444.5
292.2
728.3
71.2
447.5
730.7
72.9
294.5
649.3
448.6
295.4
72.2
651.0
732.1
444.1
71.6
647.0
290.8
728.2
441.5
283.3
71.0
644.8
726.1
445.3
292.1
72.3
648.7
729.8
290.8
444.2
72.6
648.4
729.6
443.9
290.6
72.2
728.9
647.8
288.8
442.0
71.4
645.9
727.0
291.8
445.0
71.9
730.9
649.3
294.1 1 447.6
72.7
651.9
734.0
449.4
295.9
72.1
653.3
735.6
442.6
288.9
646.3
71.5
729.5
444.0
289.9
648.4
732.5
71.2
447.4
292.4
652.0
72.9
736.2
450.0
295.0
656.0
739.9
72.9
448.3
293.0
654.1
72.4 1
737.6
445.1
289.9
651.4
734.9
71.9
297.8
453.0
741.8
659.1
73.0
299.4
455.6
74.2 1
744.3
661.8
298.1
455.5
743.6
74.0
660.8
295.7
453.9
73.8
742.5
659.5
300.5
74.4
459.3
747.8
664.3
301.6
461.2
75.3
750.6
667.0
303.3
463.0
75.1
752.4
668.9 I
303.3
463.1
75.7
753.4
670.0
468.1
307.8
74.8
758.9
675.6

JEMANLLJiiMSlIS
TOTAL

MEMBER

226
7.5
2
223.2
218.4
211.9
212.4
211.4
210.6
208.3
212.6
213.7
212.7
211.1
214.2
218.2
220.7
217.3
212.7
212.4
213.0
212.4
212.1
217.1
219.0
221.4
218.2
221.0
221.5
223.2
219.2
217.3
219.8
218.2
218.4
217.3
219.8
221.4
223.8
217.4
218.7
219.5
222.1
220.6
218.0
224.8
225.2
224.1
221.9
226.1
226.2
228.2
227.7
233.0

163.8
162.5
160.2
157.3
153.1
153.3
152.1
151.6
150.2
153.5
153.9
153.3
152.4
155.2
157.4
159.4
156.7
153.8
153.6
153.4
153.1
152.9
156.2
157.0
159.1
156.8
158.8
158.5
159.8
157.4
156.5
157.9
155.9
156.3
155.9
157.4
157.8
160.4
155.5
156.8
156.4
158.1
157.3
155.7
160.8
160.3
159.5
158.5
161.0
160.6
162.3
162.1
166.4

!

H l Z L " l I S i: _ A N D - . S I ^ 1 N £ £ _ D £ £ Q £ I I S

DOMESTIC
NONMEMBER
5974~"
60.1
59.3
57.8
55.8
56.0
56.2
55.9
55.0
55.8
56.6
56.1
55.3
56.1
57.8
58.6
57.6
55.8
56.2
57.0
56.6
56.4
57.8
59.2
59.5
58.6
59.0
60.1
60.4
58.9
58.0
59.1
59.5
59.1
58.4
59.3
60.6
60.5
58.9
58.7
60.2
61.1 I
60.5
59.4
60.9
61.9
61.7 !
60.6
61.7
62.3 t
62.6
62.4
63.3

CDS

9277~
92.8
92.1
91.6
91.4
90.6
89.9
89.0
88.1
87.8
87.9
88.0
88.4
88.1
87.0
85.9
85'. 1
84.6
84.0
84.4
84.6
83.9
83.1
82.9
82.3
81.7
81.7
81.4
81.1
81.2
81.4
81.0
81.1
81.1
81.0
81.5
82.1
82.2
83.1
84.1
84.2
83.9
83.5
83.5
82.7
82.5
82.8
83.0
83.5
83.6
83.5
83.4
83.3

OTHER
TIME
DEPS

I
SAVINGS

I93TT" i
194.1
195.8
195.9
196.9
196.9
198.9
199.1
200.1
199.8
200.3
200.2
199.6
200.2
199.4
199.7
199.9
200.6
201.0
202.2
202.3
203.3
202.9
202.9
202.5
202.3
202.7
202.3
202.9
203.4
203.9
204.0
204.8
204.5
204.5
205.0
204.9
204.5
204.4
205.0
205.2
206.7
206.5
207.0
206.8
206.8
206.1
206.2
205.7
206.5
206.6
207.6
208.2

I

1

1

1
1

J '.

~

\

I

1357o~ *
135.9
136.1
136.2
136.4
136.6
137.3
137.7
138.4
139.1
140.4
141.4
142.2
143.4
144.6
144.8
144.7
144.9
145.4
146.2
146.9
147.7
148.7
150.0
150.7
151.3
151.7
152.5
152.7
152.7
152.6
152.6
152.8
152.7
152.6
152.6
152.9
152.9
153.0
153.5
154.3
154.4
154.6
154.5
154.6
155.6
156.7
157.5
158.1
159.0
159.0
159.1
159.6

TOTAL

U.S.GOVTI
DEMAND |

4207™
422.7
424.0
423.7
424.7
424.2
426.2
425.9
426.6
426.8
428.5
429.6
430.3
431.7
431.1
430.4
429.8
430.1
430.5
432.7
433.8
434.9
434.7
435.8
435.5
435.2
436.1
436.2
436.8
437.4
437.8
437.7
438.8
438.3
438.2
439.1
439.9
439.7
440.5
442.6 1
443.8
445.0
444.6
445.1 1
444.1 1
444.9 1
445.6
446.8 1
447.3
449.1
449.1 \
450.1
451.2 1

_ _ ^
4.6 |
3.1 I
3.7 |
4.5 !
4.3 |
3.0 |
3.1 I
3.4 |
2.7 |
2.8 I
4.4 |
4.3 I
4.2 1
3.2 I
3.4 |
4.8 |
5.0 |
6.9 I
3.6 |
3.8 |
2.8 I
3.0 I
3.3 |
5.7 |
4.8 I
3.0 |
4.4 |
3.5 1
3.3 |
2.7 |
3.1 I
2.2 I
2.5 I
3.0 I
2.8 1
3.3 |
4.3 1
4.7 |
3.6 |
4.1 I
3.1 |
3.7 |
2.8 I
3.4 |
3.5 I
3.6 |
3.4 I
3.5 |
3.0 |
4.9 I
5.1 |
3.6 I

1976

JAN

JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
A AY

MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC
DEC




TABLE 5
MONEY STOCK MEASURES, COMPONENTS, AND RELATED ITEMS
NPT_5EASDNALLY ADJUSI£Q A _B1LL1DN5_D£_DDLLARS
1
bi± I
I
MJ
M4
„, L
M2
L
DE& W£L_U££Q£. LIS
DOMESTIC
Ml PLUS I Ml PLUS
DEMAND
M2 PLUS
NONMEMBER
TOTAL
DEPOSITS 1 SAV-CBS I T I M E DEP
LARGE
CURRENCY
MEMBER
£ CK DEP ! EXCEPT
NEGOTI­
PLUS
1 CURRENCY J12 - . U d R I £ I . 1 LG CDS 1A B L E - G O ^
7
761.3 1
679.7
471.7
647™
310.0
16871""
7 4 . 5 1 23577" i
14
305.4
63.5
678.4
468.5 1
757.8
164.6
231.2
74.1
62.0
753.3
675.5
301.0
21
162.1
465.5 I
227.4
73.6
458.9 1
292.9
28
746.4
669.9
59.9
157.1
73.0 1
220.0
749.4
674.1
4
59.9 1
295.7
73.5
463.3 1
159.2
222.2
295.6
750.4
465.5 1
11
676.5
60.5
74.5
157.5
221.1
677.1
466.1
18
60.4
74.3
295.2
750.0
157.2
220.8
25
744.3
460.8 1
289.0
672.3
73.5
59.0
153.4
215.6
74.1
749.9
294.4
3
678.7
467.3 I
59.7
157.2
220.2
471.8 1
297.0
754.2
75.6
683.1
10
60.7
157.4
221.3
17
75.3
684.4
473.2 I
297.3
60.9
756.0
222.0
158.2
470.5 1
293.5
753.1
681.1
75.1
24
59.7
218.5
155.8
757.8
296.0
685.3
474.2 1
31
59.7
221.3
74.7
158.6
694.1
765.8
483.2 1
302.9
7
76.3
61.9
226.6
161.6
14
488.0
769.7
699.5
307.4 1
76.6
63.5
230.7
164.2
699.1
307.7 !
767.8
76.6
21
488.2
231.2
63.4
164.9
760.8
28
481.2
300.2
693.2
75.6
224.6
61.3
160.4
761.4
5
76.6
694.3
482.4
300.8
224.1
159.5
61.2
484.0
12
77.4
763.2
696.2
301.2
223.7
158.7
61.8
19
77.1
761.7
298.9
694.8
482.3
221.8 |
61.3
157.3
26
759.8
479.7
296.0
76.6
692.1
219.4
156.0
60.3
484.9
766.2
301.4
2
77.4
697.8
224.0
61.2
159.5
487.3
303.4
9
78.4
769.3
700.5
225.0
62.7
159.2
489.8
16
306.2
703.3
161.8
228.2
78.0
772.2
63.2
698.5
301.8
77.6
767.5
485.2
23
158.8 |
224.2
62.3
159.6
224.6
77.2
769.6
699.7
485.3
301.8
30
61.7
493.0
308.5 1
777.0
707.3
7
79.4
229.2
63.3
162.3
493.9
79.1
308.6
708.5
64.4
161.6
777.6
229.5 j
141
775.9
706.9
78.6
492.2
306.7 !
63.3
161.5
228.1
21
487.7
61.9
703.4
302.0
224.1
77.9
771.6
28
158.7
707.0
491.2
62.6
226.7
78.6
774.3
305.3
4
160.5
63.6
492.8
79.7
775.7
709.0
306.2
226.5
11
159.5
227.1
776.0
306.3
63.5
493.0
18
160.2
79.2
709.8
488.7
301.6
62.2
223.2
157.7
78.5
772.1
706.2
25
302.9 |
774.1
62.6
224.9
78.0
708.4
490.3
159.0
1
304.9
776.9
711.7
224.9
493.0
8
157.9
80.0
63.8
783.2
718.4
499.6
311.0 i
15
65.4
231.8
163.2
79.2
713.5
494.5
305.6
778.6
22
226.8
78.9
64.0
159.7
301.6
29
710.6
491.2
62.6
223.4
776.4
157.9
78.1
502.6 ]
722.1
311.0 !
6
231.1
787.7
64.8
163.0
79.9
312.0
504.7
724.9
789.7
13
65.7
162.9
231.9
80.2
503.5
310.4
723.7
20
230.9
787.8
65.4
79.5
162.3
501.8
308.0 |
27
722.9
64.1
78.9
229.1
786.2
161.9
313.7
508.0
728.6
3
791.3
65.3
234.1
79.5
165.5
313.8
10
509.8
792.8
730.2
66.3
232.6
81.2
163.2
315.7 I
17
512.8
234.9
80.8
67.0
164.6
732.2
794.9
309.8
24
791.1
728.1
508.1 1
228.9
80.9
65.1
160.5
315.3 |
65.6
234.5
514.2
11
165.3
797.7
734.3
80. 8
319.4
740.5
519.9
66.9
8
166.9
804.2
237.2
82.2
321.8 !
523.1
67.5
239.6
82.1
744.6
15
168.7
808.5
746.9
525.2
323.3 |
67.9
240.8
22
169.5
82.4
811.0
323.8
525.9
67.5
747.9
170.3
241.5
813.2
29|
82.3 I

IIM£_ANQ_5AVlNGS„D££aSIXS
L
1
OTHER
U.S.GOVTl
SAVINGS 1 TOTAL
TIME
CDS
DEPS
DEMAND 1

£17"
79.4
77.8
76.6
75.2
73.9
72.9
72.0
71.3
71.1
71.6
72.0
72.5
71.7
70.2
68.7
67.6
67.2
67.0
66.9
67.6
68.4
68.8
68.9
69.1
70.0
69.8
69.2
69.0
68.2
67.3
66.6
66.2
66.0
65.7
65.3
64.9
65.1
65.8
65.5
64.8
64.1
63.3
62.7
62.5
62.7
63.0
63.4
63.7
63.8
64.1
65.3

""ioiTi""
210.6
210.7
211.7
211.6
211.7
211.8
212.3
212.1
212.1
212.0
211.5
211.9
211.8
212.3
211.8
212.9
212.7
213.2
213.4
213.4
213.8
214.1
214.4
214.2
215.3
215.2
215.6
215.8
216.8
217.0
217.4
217.9
218.6
219.3
219.8
220.0
220.2
220.6
220.7
221.4
221.5
222.3
222.0
221.8
220.7
221.3
221.5
221.9
222.9
223.1
223.4

1

1

160.9
162.4
163.8
165.3
166.9
169.2
170.2
171.0
172.2
174.0
175.0
176.1
177.4
179.4
179.8
179.6
180.1
180.8
181.9
182.5
182.8
182.6
183.0
182.7
182.5
182.6
183.5
184.2
184.5
184.6
184.8
185.5
185.6
185.9
186.2
187.0
187.4
187.7
188.5
190.5
191.5
191.9
192.6
193.0
194.7
195.8
196.9
197.6
199.2
200.0
200.5
200.7

1

451.3
452.5
452.3
453.5
453.7
454.8
454.8
455.3
455.6
457.2
458.7
459.6
461.8
462.9
462.3
460.1
460.6
460.7
462.0
462.8
463.8
464.8
465.9
466.0
465.8
467.8
468.5
469.0
469.2
469.6
469.1
469.5
469.7
470.5
471.2
472.0
472.2
472.9
474.8
476.7
477.7
477.4
478.2
477.6
479.0
479.2
481.3
482.4
484.8
486.7
487.7
489.4

1

57"£~|
3.4
4.3

|
|

3.8

I

4.3

|

4.5 1
4.6 I
5.0 I
3.7 I
3.2 1
4.4

|

4.8 I
3.3 I
3.3
2.8
5.6

|
I
|

3.8
4.3
3.6
3.9
3.8

I
I
I
1
I

3.0

\

3.5 I
5.3 1
6.4 I
4.4
3.6

|
|

3.0

I

3.9

|

3.3

I

3.9

|

3.6 I
3.8 I
4.1 I
2.9

|

4.4
4.1
6.2
5.5
4.6
3.5

I
|
1
I
I
1

3.9
3.9
4.5
3.8

|
|
|
|

3.8 1
4.4
3.7
3.6
4.2

|
|
|
|

6.8

I

3.7

|

MONEY STOCK MEASURES, COMPONENTS,

;

m

Ml±

L

!1Z

m: E_££A£QNi^LL*_AQJUiilEHjL
1.

M

J

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
JUN
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC




DEMAND DEPOSITS
1
DOMESTIC
NONMEMBER
TOTAL
MEMBER

_ . iXUBEfiiClJLfl_Iti£lEL LUL£J2S_L&JBLE_.CI3SJ
12
19
26
2
9
16
23
2
9
16
23
30
6
13
20
27
4
11
18
25
1
8
15
22
29
6
13
20
27
3
10
17
24
31
7
14
21
28
5
12
19
26
2
9
16
23
30
7
14
21
28

332.8
326.9
322.8
312.8
312.4
313.8
313.8
308.8
310.9
315.1
318.0
313.9
312.1
325.1
328.7
327.7
321.9
320.7
319.5
320.0
316.0
318.8
323.9
326.2
325.0
322.1
332.5
331.7
332.7
326.3
330.0
329.5
329.2
324.7
327.2
332.1
335.6
331.7
325.2
335.4
337.1
336.1
332.6
334.8
338.9
341.0
335.6
337.6
344.7
346.4
348.6
348.7

537.3
533.0
529.1
519.7
519.5
522.1
522.7
518.3
520.8
526.*5
530.3
527.1
526.3
541.1
545.3
543.1
537.1
536.0
535.9
536.6
532.7
535.1
540.9
543.1
541.6
538.4
550.0
549.7
550.8
544.5
548.4
548.4
548.0
543.4
545.6
550.9
554.5
550.2
543.6
555.0
557.5
556.0
552.1
553.6
558.3
560.8
555.6
557.5
564.8
566.4
567.9
568.1

1
1

760.5
756.5
753.2
744.9
744.9
748.6
750.0
746.5
749.6
755.8
760.4
757.3
756.8
771.9
775.9
773.6
768.2
767.3
768.0
769.5
766.4
770.0
775.9
778.4
777.0
774.3
786.8
787.4
788.7
783.5
787.4
787.7
787.7
783.5
786.6
792.3
795.9
791.1
785.7
797.7
800.9
799.7
796.5
798.0
802.8
805.2
800.8
802.6
810.4
812.7
814.4
816.0

|
|
|
j
|
|
|
I
|
|
|
j
|
|
|
|
1
|
I
|
|
i
|
|
|
|
|
|
|
j
|
|
|
|
|
|
|
j
|
|
|
|
|
1
|
1
I
I
1
I
f
!

825.8
820.2
815.9
807.3
806.9
810.5
811.7
807.3
809.9
816.3
820.9
818.1
818.4
833.2
836.3
833.3
827.5
826.8
828.3
830.8
828.3
832.3
838.6
841.2
840.0
838.0
849.9
849.7
851.2
846.2
850.9
851.8
852.1
848.3
851.6
857.2
860.7
856.2
852.1
865.3
868.6
867.8
865.4
867.5
872.9
876.3
873.3
876.0
884.4
887.9
890.9
893.4

LISLLA&S

.___

Ml PLUS
DEMAND
Ml PLUS! M2 PLUS
CURRENCY
DEPOSITS 1 SAV-CBS T I M E DEPj
LARGE
EXCEPT | N E G O T I L CK DEP
PLUS
1977

AND RELATED ITEMS

£L1LLLQUS-QE

L
1
i
1

1

1

8811..66
80.9
80. 1
79.9
81.5
81.0
80.9
80.5 1
82.3
82.0
81.7
81.3
83.3
83.5
82.7
82.1
82.8
84.0
83.6
83.1
83.7
84.7
84.5
84.3
83.9
86.5
86.0
85.6
85.1
85.5
86.9
86.3
85.7
85.0
87.2
86.4
86.0
85.3
86.5
87.7
87.1 1
86.5
86.6
88.8 i
88.6
88.5
88.3
89.7
89.9
90.3
90.9

24
5.2
4 I
51
241.9
232.7
232.5
232.3
232.8
227.9
230.5
232.8
236.0
232.2
230.7
241.8
245.2
245.0
239.8
237.9
235.5
236.4
232.8
235.1
239.2
241.7
240.7
238.2
246.0
245.6
247.2
241.3
244.5
242.7
242.9
239.1
242.3
244.9
249.2
245.7
239.9
248.9
249.4
249.1
246.1
248.2
250.2
252.4
247.1
249.4
254.9
256.4
258.3
257.8

117772..60
169.7
163.2
163.6
162.9
163.7
159.6
161.4
162.5
165.3
162.3
161.4
168.8
170.3
170.2
167.2
165.6
162.7
163.9
161.7
163.1
165.2
167.0
166.7
165.2
170.3
168.8
170.9
167.0
169.4
167.3
167.8
165.1
168.2
168.6
171.3
169.3
165.7
172.7
171.4
171.0
170.2
171.2
171.8
172.7
169.2
171.6
175.4
176.2
177.5
177.1

!

1

!

1
69.7
69.8
68.7
66.1
65.5
66.0
65.7
64.9
65.5
66.8
67.1
66.3
65.7
69.0
71.4
71.2
69.1
68.5
69.1
68.7
67.5
68.1
70.3
70.9
70.3
69.1
71.6
72.8
71.9
70.0
70.7
71.4
71.4
70.0
69.9
71.9
73.5
72.2
70.1
71.8
73.6
73.6
71.6
72.8
74.0
75.3
73.8
73.4
7^.2
76.1
76.5
76.3

!

i

1

I1M£_AND_£AYJ LNGS-Q££flSIIS
1
OTHER
TOTAL
TIME
SAVINGS
CDS
U.S.GOVTl
DEPS
DEMAND I

1
65.3 1
63.7
62.7
62.3
61.9
61.9
61.7
60.8
60.3
60.5
60.5
60.8
61.6
61.4
60.4
59.6
59.3
59.4
60.3
61.2
62.0
62.3
62.6
62.8
63.0
63.7
63.1
62.4
62.4
62.7
63.5
64.1
64.4
64.7
65.0
64.9
64.8
65.1
66.3
67.6
67.7
68.1
68.9
69.5
70.1
71.1
72.5
73.3
74.0
75.2
76.5
77.4

224.7
224.9
225.5
226.6
226.8
227.9
228.7
229.6
230.3
230.8
231.6
231.7
232.0
232.3
232.2
232.1
232.7
232.9
233.7
234.6
235.3
236.5
236.7
237.0
237.1
237.7
238.5
239.4
239.7
240.8
240.8
241.2
241.5
242.0
242.9
243.3
243.3
242.9
244.0
244.6
245.4
245.7
246.5
246.5
246.6
246.4
247.3
247.2
247.7
248.4
248.6
250.1

L

~2oiTo"

1

1

I

I

204.7
204.9
205.5
205.7
206.9
207.4
208.0
208.4
209.9
210.9
211.8
212.8
214.5
215.0
213.8
213.7
213.7
214.8
214.9
215.1
214.7
215.3
215.2
214.9
214.6
215.8
216.3
216.3
216.4
216.6
217.1
217.0
216.8
216.5
216.9
217.0
216.5
216.5
217.7
218.4
217.9
217.5
216.7
217.3
217.7
217.9
217.8
218.1
217.9
217.2
217.2

1

1
1

i
j
1

493.0
493.3
493.1
494.5
494.5
496.7
497.8
498.4
499.0
501.2
503.0
504.2
506.4
508.2
507.5
505.5
505.6
506.0
508.8
510.8
512.4
513.5
514.7
515.0
515.0
516.0
517.4
518.1
518.4
519.9
520.9
522.3
522.9
523.5
524.4
525.1
525.1
524.5
526.9
529.9
531.5
531.7
532.9
532.7
534.0
535.2
537.6
538.3
539.8
541.6
542.4
544.7

1
3.3
3.9
4.0
4.4
3.5
3.9
3.6
5.0
4.1
3.5
5.5
5.3
3.6
3.5
2.9
8.5
5.5
6.9
3.3
3.2
3.0
2.9
3.8
4.7
7.8
4.3
3.3
3.3
4.0
3.8
3.9
3.0
3.0
4.2
3.0
3.1
2.9
8.2
5.4
5.2
3.3
3.7
3.6
3.2
3.3

I
I
|
|
|
|
|
|
|
|
|
|
|
1
|
|
I
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I
I
I
|
I
|
|
|
|
|
1
|

3.1 1
4.2
3.8
2.9
2.7
8.6
5.4

|
|
|
|
|
|

1978 JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
MAY
4AY
JUN
JUN
JUN
JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
DEC
DEC
OEC
DEC




4
11
18
25
1
8
15
22
1
8
15
22
29
5
12
19
26
3
10
17
24
31
7
14
21
28
5
12
19
26
2
9
16
23
30
6
13
20
27
4
11
18
25
1
8
15
22
29
6
13
20
27

TABLE 5
MONEY STOCK MEASURES, COMPONENTS, f AND RELATED ITEMS
NOT SEASONALLY A D . U K T F n . B I L L I O N S OF D£1LLARS___
QEMANn DEPOSITS
1
Bit
1
M2
L
M4
MJ
.
Ml PLUS 1 Ml PLUS M2 PLUS
DEMAND
DOMESTIC
DEPOSITS i SAV-CBS I T I M E DEP
NONMEMBER
LARGE CURRENCY
TOTAL
£ T.K DEP
EXCEPT
PLUS
MEMBER
NEGOTIL
J
X U £ R £ M : U a. ;IJRIFTI LG CDS | -A£L£_£fi.S.
582.3
831.7
79.0
361.2
909.0
575.5
79.2
353.2
180.0
825.4
71
26
3.6
7
8899..66
901.9 1
571.9
77.8
349.7
822.9
178.4
260.9
88.9
898.9
75.3
562.6
340.8
173.1
815.0
252.8
88.0
891.0
74.1
170.9
336.6
558.0
811.3
249.0
87.7
887.7
74.4
561.0
339.0
171.2
815.4
249.6
89.3
892.0
74.5
169.4
337.4
559.8 1
815.1
89.2
248.2
891.7
73.4
556.4 1
334.0
167.2
813.1
244.8
89.2
889.9
332.9
73.0
167.6
555.3
88.3
812.7
244.6
890.3
561.4 I
74.5
169.3
338.1
90. 1
898.4
819.5
248.0
74.7
339.4
170.6
563.5 1
821.9
249.2
90.1
901.7
338.0
74.2
169.6
562.7 1
821.4
90. 1 i
901.9
247.9
73.6
335.9
168.9
246.1
819.8
561.2 I
89.7
901.5
346.7
832.9
573.7 1
175.5
90.7
76.3
914.5
2 56.0
579.9
79.0
177.6
838.4
352.1
260.6
91.5
919.4
839.7
79.8
178.7
580.3
920.6
353.8
262.7
91.1
574.9
78.4
834.9
176.3
349.0
90.4
916.2
258.6
78.1
837.1
350.9
919.5
576.7
177.3
91.0
259.9
77.6
833.0
572.1
345.3
92.5
916.5
171.4
252.9
77.7
919.7
172.6
92.0
835.5
573.4
346.3
254.2
831.9
341.6
917.4
569.2
75.9
170.4
91.6
249.9
91.9
76.1
174.7
924.8
838.6
574.4
346.6
254.7
581.2
353.0
79.4
931.5
93.2
845.1
259.8
176.2
80.1
933.4
846.9
354.4
177.3
93.1
582.3
261.3
92.7
842.9
578.8 1
351.4
79.6
928.5
175.0
258.6
77.9
173.5
925.9
92.3
839.7
574.8
255.2
347.5
941.9
854.6
588.8
360.6
181.9
94.2
80.2
266.4
852.9
586.9
82.3
358.8
94.6
177.8
264.2
940.2
851.0
583.5
177.6
262.4
93.9
938.3
356.2
81.0
79.1
578.7
351.8
847.8
935.1
175.5
93.2
258.6
938.4
93.4
851.1
580.5
354.2
79.5
177.5
260.8
80.6
356.1
176.4
941.9
854.4
582.8
95.1
261.0
856.2
943.9
81.0
94.6
583.6
177.5
262.5
357.0
852.8
79.5
579.5
352.9
175.2
940.8
258.7
94.2
78.9
256.7
93.4
174.0
939.9
576.4
851.1
350.1
587.1
862.6
951.9
95.7
179.1
264.7
360.4
81.6
83.7
267.4
865.2
179.8
95.1
955.4
589.2
362.5
586.5
94.6
862.1
360.4
179.3
952.9
82.5
265.8
579.1
856.0
94.0
80.3
259.2
353.1
175.1
946.8
587.6
866.0
360.6
180.0
265.5
95.1
956.6
81.8
592.5
83.6
181.2
872.2
365.0
268.5
96.5
962.0
180.9
871.7
269.1
591.6
364.9
84.3
95.8
961.3
175.7
863.4
356.1
81.5
582.2
260.9
954.5
95.2
178.8
584.4
81.7
866.3
264.4
959.6
95.1
359.5
590.9
83.7
365.9
181.0
268.6
97.4
873.8
968.7
84.7
874.0
365.7
180.1
268.3
97.5
970.0
590.8
584.7
262.7
869.8
83.8
175.3
97.6
966.9
360.2
175.7
262.2
868.5
82.7
966.1
97.1
583.5
359.3
84.7
180.6
98.4
877.4
591.7
269.3
975.4
367.7
181.4
85.6
270.6
98.9
879.8
593.1
979.1
369.5
85.4
183.4
272.o
99.0
881.2
981.4
594.3
371.6
181.7
270.6
85.4
981.3
100.2
593.1
881.3
371.0

TiiTo""

IlM£_AN£_£^lN££_n££OSII£
J
OTHER
TIME
CDS
SAVINGS
TOTAL
U.S.GOVTI
DEPS
DEMAND I
L
„ J
L
i
251.6
6.6 |
218.8~
77.3
54771T
76.6
220.0
252.1
548.7
4.1 I
549.1 1
219.9
76.0
253.3
4.1 |
219.6
254.6
76.0
550.2 1
4.2 |
76.4
219.2
255.5
5 5 1 . 1 1,
3.7 |
256.7
76.7
219.7
553.1 1
4.6 |
76.6
257.5
554.3 1
3.5 |
220.1
258.9
555.9 1
76.8
220.2
4.3 |
5.0 |
557.4 1
220.2
259.6
77.6
260.3
4.0 I
560.2 1
221.1
78.9
221.8
260.7
4.4 |
562.3 1
79.8
222.4
563.9 1
7.1 I
261.0
80.5
223.0
260.9
81.7
3.9 |
565.6 1
224.6
567.8 1
3.8 |
261.6
81.6
3.4 |
225.3
261.0
567.3
81.0
566.8
6.4 |
224.0
261.9
80.9
C 3. 4
262.5
81.3
5.9 |
5*7.3 1
223.3
262.9
82.4
568.7 1
5.2 I
224.2
263.4
3.6 |
571.2 1
83.5
224.6
264.6
3.3 |
573.5 1
84.3
4.7 |
225.0
575.8
265.3
85.5
3.9 |
266.7
225.2
86.3
578.2 1
3.4 |
225.6
266.5
86.4
578.6
225.4
579.0 1
267.2
86.5
3.0 1
224.8
266.6
12.0 |
577.1 1
85.6
224.7
267.5
578.4 1
86.3
6.0 1
7.7 |
581.3 1
225.4
268.5
87.3
225.4
268.8
87.3
581.4 1
4.5 1
224.6
3.5 I
582.1 1
270.2
87.3
271.9
3.4 |
583.3
224.1
87.4
584.2 1
3.8 |
273.3
223.5
87.3
223.9
274.4
3.5 I
585.8 I
87.6
223.8
586.9 1
87.7
275.3
3.1 1
2 76.1
4.3 I
587.9
223.8
88.0
3.6 |
589.9 1
223.6
277.4
88.8
223.9
278.3
3.2 |
591.5 1
89.3
223.9
592.9 1
278.8
3.5 1
90.1
9.1 |
223.3
592.5
278.5
90.7
593.7 i
279.8
7.8 |
223. 1
90.8
596.0 1
224.1
281.3
8.1 1
90.6
596.9 1
224.5
282.7
4.2 I
89.8
596.4 1
223.8
3.6 |
283.0
89.7
598.4 1
3.7 |
284.2
91.1
223.1
221.9
284.9
3.3 |
600.1 i
93.3
6.6 |
221.9
94.9
602.8 1
286.0
604.3 1
6.2 |
222.0
286.3
96.1
10.6 |
221.4
288.1
606.6 1
97.1
97.6
10.8 I
606.8 1
288.2 1
221.1
220.9 1
288.8
5.8 |
607.7 1
98.0
289.9
4.1 |
609.6 1
220.5
99.2
609.7 1
219.5
290.0
100.2
12.2 1
218.9 1
610.3 1
291.4 1
15.1 |
100.0