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FEDERAL RESERVE statistical release
H.6

January 10, 1980

Money stock measures and related data have been benchmarked to the
December 1978 and March 1979 call reports.
The appendix tables attached to this release show revised data,
seasonally adjusted and not seasonally adjusted.
historical data were not revised.




Prior to mid-1978 the

o9££25&

FEDERAL RESERVE statistical release
#

FEDERAL RESERVE

Table 1

H i (•«•)

-.fSsns^

Fr
o

Money Stock Measures
M-1

I

M»1 +

|

M-1

1

KH

1

EM

1

M-f

1

M-1

M-1 Flut
M-2Rus
Tint
****
Currency
DopooMs ot DopooJtoat Dopooftoitf
Flue
Nonbonk
CBosrtd
OonvnoraW
Osmond
mm
DeposftsV ChocMlo BenfcsOher'
Depot**
ThenLsrge toooUftmi/
Trwrnnoti/ C O o *

M-2Plu»

ODo*

975.6
979.5
983.0
982.9
989.4
989.0
993.9
1003.3
1013.0
1024.7
1034.4
1043.3
1047.0

M-1+

|

M-1

M-t

1

M-1 Rut
M-2Rut
Ttne
Currency
Dspoeftsst Deposits si
Plus .
CBoond Oonwuordoj Nonbsnk
Osmond
GhoctaMo Benfcs Other
TTfUl
Depot**-*''
Dopooftt ol Then Urge sisMutonti/
TtwIHInotl/l C D s *

M-3FIUO

COol/

|

M-1 Rut
Sevfngs

MM Rut

Me

JAN.

In Billion* of Dollar*

Revised Series

1600.0
1608.2
1616.0
1620.9
1630.4
1632.1
1641.8
1656.2
1670.5
1667.1
1699.6
1711.0
1717.8

10,

1980

1

M-6

EM
M-2RU8
Urge

M-3Rus
Large

NeflpMsfrfr

NSQOtMDO

CDs*

CDs « /

HOttllMM
1978—DEC.
1 9 7 9 — JAN.
FEB.
MAR.
APR.
HAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV. P
DEC. P

361.5 |
360.2
359.4
360.0
365.5
365.7
370.3
373.5
375.6
379.2
360.0
380.5
382.1

586.1 1
581.9 ]
578.8
578.3
584.0
583.1
589.2
594.3
597.6
601.2
598.8
592.9
592.8

1503.3 1
1507.7
1513.9
1521.9
1535.4
1541.6
1556.9
1571.6
1584.6
1599.0
1608.6
1616.0
1623.5

879.0 I
879.0
880.9
883.9
894.4
898.4
909.0
918.7
927.1
936.6
943.3
948.3
952.7

[
|
|

594.1 1
371.6 1
586.8
365.9
571.4
352.6
574.3
354.8
5 89.6
368.7
579.5
360.3
590.0
369.5
598.0
375.4
594.9
373.0
597.2
377.0
5 97.0
379.8
|
593.3
382.6
392.8 | 6 0 1 . 5

1506.0
984.2
884.7 I
984.7
1510.8 1
883.7
974.8
1506.3
875*2
980.1
1521.8
882.6
994.1
1545.5
9 0 1 . 4,
985.7
1541.0
896.7
995.0
1560.9
910.6
1005.6
1577.6
921.6
1010.3
9 2 3 . 9 J 1581.6
1021.7
1593.2
931.8
1033.7
1604.3
940.3
! 1041.3
1609.4
945.3
1055.6
1626.0
958.5

1605.6
1611.9
1605.9
1619.3
1638.1
1630.0
1645.3
1661.6
1668.0
1683.0
1697.6
| 1705.4
1723.2

1

WEEK

ENDING:

7P
14P
21P
28P

381.4
379.9
381.4
380.3

595.0
592.8
593.6
591.8

DEC.

5P
12P
19P
26P

380.5
381.6
381.2
383.0

590.9
592.5
591.9
593.3

1980-JAN.

2P

383.1

593.1

954.1

5 96.8
5 95 . 7
592.9
5 88 . 2

946.8
947.7
945.2
941.2

1041.4
1042.7
1041.5
1038.5

386.7
389.9
391.4
393.5

5 95.7
599.3
600.2
601.4

950.9
95 5 . 1
956.9
959.7

1048.7
1052.7
1054.1
1056.6

1046.7

949.7
951.2
951.8
954.1

t

|

385.2
384.5
382.2
378.4

1045.7
1046.5
1045.9
1047.5

947.8
948.4
949.4
948.4

1979-NOV.

401.7

610.4

969.3

1 06 5 .5

1041.7
1042.8
1044.6
1044.4

'

I'*

I

I -

L

LESS CASH ITEMS IN THE PROCESS OF COLLECTION ANO F.R.FLOAT; C2I FOREIGN DEMAND BALANCES AT F.R.BAN*S; AND C3I CURRENCY OUTSIDE
THE TREASURY, F.R.BANKS ANO VAULTS Of ALL COMMERCIAL BANKS.
2/ INCLUDES Ml, PLUS SAVINGS DEPOSITS AT COMMERCIAL BANKS* NOW ACCOUNTS AT BANKS AND THRIFT INSTITUTIONS, CREDIT UNION SHARE DRAFT
ACCOUNTS, ANn DEMAND DEPOSITS AT MUTUAL SAVINGS BANKS.
3/ INCLUDES, IN ADDITION TO CURRENCY AND DEMAND DEPOSITS, SAVINGS DEPOSITS, TIME DEPOSITS OPEN ACCOUNT, AND TIME CERTIFICATES OF
DEPOSITS OTHER THAN NEGOTIABLE T M E CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE BV LARGE WEEKLY REPORTING COMMERCIAL BANKS.
4/ INCLUDES M2, PLUS THE AVERAGL O THE BEGINNING AND END OF MONTH DEPOSITS OF MUTUAL SAVINGS BANK, SAVINGS AND LOAN SHARPS, AND
f
CREDIT UNION SHARES.
5/ INCLUDES M2, PLUS NEGOTIABLE TIML CCKTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS Uf $100,000 OR MORE.
6/ INCLUDES M3, PLUS NEGOTIABLE TI'IF CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OT $100,000 OR MORE.
P - PRELIMINARY; SPECIAL CAUTION SHOULD OF TAKEN IN INTERPRETING WEEK-TO WEEK CHANGES IN MONEY SUPPLY DATA, WHICH ARE OFTEN HIGHLY
VOLATILF AND SUBJECT TO REVISION IN SUBSEQUENT WEEKS AND MONTHS.




FEDERAL RESERVE Stststcaf R i l m i H.€ (808)

Table 2

Money Stock Measures
Percent Change at seasonally Adjusted Annual Rates

Dato

DEC.

5M+

fcVt

Curancy
Plus
Demand
Depot*1'

1

M-1 Plus ferine*
DapoattatCBt
and Checkable
Dapoaltaat
Ihrtftlnet*'

M-1 Rut Time

SM

Commercial
Banks Other Than
Large CDs 9/

M-*
M-2 Plus Deposits
ai fioniianK inrm

M-4

M-5

M-2 Plus Large
Negotiable CDs ^

M-3 Plus Large
Negotiable CDs ey

FROM:

SEPT.

1979

(3

MONTHS

PREVIOUS)

3.1

-5.6

6.9

6.1

8.7

7.3

JUNE

1979

(6

MONTHS PREVIOUS 1

6.4

1.2

9.6

8.6

10.7

9.3

OfcC.

1978

(12

5.7

1.1

8.4

8.0

7.3

MONTHS

FOUR WEEKS E N D I N G :
JAN.
FROM FOUR WEEKS ENDING:

PREVIOUS)

2,

1 .<*

1980

OCT.

3,

1979113

WEEKS

PREVIOUS)

2.6

-5.8

6.4

8.0

JULY

4,

1979(26

WEEKS

PREVIOUS)

6.5

l.l

9.4

10.4

JAN.

2,

1978(52

WEEKS

PREVIOUS)

5.7

1.1

8.4

7.2

1/ INCLUOES (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 ANO VAULTS OF ALL COMMERCIAL BANKS.
2/ INCLUDES Ml, PLUS SAVINGS OEPOSITS AT COMMERCIAL BANKS NOW ACCOUNTS AT BANKS AND THRIFT INSTITUTIONS, CREDIT UNION SHARE DRAFT
ACCOUNTS! AND DEMAND DEPOSITS AT MUTUAL SAVINGS BANKS.
3/ INCLUDES, IN ADDITION TO CURRENCY AND DEMANO DEPOSITS, SAVINGS DEPOSITS, TIME DEPOSITS OPEN ACCOUNT, AND TIME CERTIFICATES OF
DEPOSITS OTHER THAN NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSJED IN DENOMINATIONS OF M O O , 0 0 0 OR MORE BY LARGE WEEKLY REPORTING COMMERCIAL BANKS.
4/ INCLUDES M2, PLUS THE AVERAGE OF THE BEGINNING AND END OF MONTH UbPOSlTS OF MUTUAL SAVINGS BANKS, SAVINGS AND LOAN SHARES, AND
CREDIT UNION SHARES.
5/ INCLUDES ^2t PLUS NEGOTIABLE TI I CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE.
t
6/ INCLUDES M3, PLUS NEGOTIABLE TIHL CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE.
NOTE: ALL RATES OF CHANGE ARE BASED ON DAILY AVERAGE DATA; RATES OF CHANGE ARE NOT COMPCUNDED.




Tabte3

H.t <SM)

FEDERAL RESERVE SMtofleal

Components of Money Stock Measures and Related Items
Seasonally Adjusted, In Billions of Dollars

RwriMd SariM'

Time and Savings Deposits &
Demand
Deposits

Currency

Date

Time Deposits
Savings?/

[

1978—DEC.
1979—JAN.
FEB.
MAR.
APR.
JUNE
JULY
AUG.
SEPT.
OCT.
NOV. P
OEC. P

WEEK

101.5
102.4
103.6
104.9
105.4
105.8
106.3

1

96.6
100.5
102.1
99.0
95.0

268.7
271.1
272.1
274.4
274.6
274.6
275.8

84.9
84.7
85.9
88.1
91.1
95.0
94.3

Total

Other

CPsfr

263.8
261.8
260.4
260.5
265.3

97.7
98.4
99.0
99.5
100.2

j

,
|

93.9
94.4
95.3
95.9

I

295.9
300.1
305.0
308.5
313.6
318.6
323.2
327.8
332.9
338.8
347.9
358.8
363.3

1

221.6
218.8
216.5
215.3
215.3
214.1
215.6
217.4
218.5
218.5
215.4
209.1
207.3

614.1
619.3
623.6
622.9
623.9
623.2
623.6
629.8
637.3
645.4
654.4
662.8
664.9

|

j

Nonbank
Thrift
Institutions 4y

624.4
628,7
633.0
638.0
641.0
643.2
647.9
652.9
657.5
662.4
665.3
667.7
670.9

ENDING:

1979-NOV.

7P
14P
21P
28P

106.0
105.9
105.9
106.0

275.4
274.1
275.5
274.3

OCC.

5P
12P
19P
26P

105.6
106.1
106.2
106.5

274.9
275.5
275.0
276.5

2P

106.8

276.3

1980-JAN.
1/
2/

1

96.0
95.2
94.2
93.5
92.6

356.1
359.0
359.1
360.0
|

362.2
362.1
363.2
364.2
364.4

210.3
209.5
208.8
208.2
|

660.3
662.9
663.2
664.1

207.0
207.5
207.4
206.9

665.2
664.9
664.8
664.5

206.7

1

663.6

TIML AND SAVING! DEPOSITS AT ALL COMMERCIAL BANK! ► •
INCLUDES NEGOTIABLE TINE CERTIFICATES OF DEPOSIT ISSUED I N DENON1NATIONS OF $ 1 0 0 , 0 0 0 OR MORE BY LARGE WF.EKtY ftl PliKI ING COMMERCIAL BANKS.
3 / INCLUDES N W ACCOUNTS AT COMMERCIAL BANKS.
O
4 / AVERAGE OF BEGINNING AND END OF MONTH DEPOSITS AT MUTUAL SAVINGS BANKS, SAVINGS AND LOAN SHARES, AND CKFDI1 UNION SHAktS.
P - PRELIMINARY;
R - REVISED




wotiui weatuvf mtrtm mum m (•»)

Tabl«4

Components of Money Stock Measures and Related Hems
Not SmtonOf Adjusted, In BMIont of Dollars
nmlaait SarlAft'
flBMIIMHMMBBMaHHMaaHBMV

■

1

i

**

Currency

Date

TotsJ^

1978—DEC.
1 9 7 9 — JAN.
FEB.
MAR.
APR.
MAY
JUNE
JULY
AUG.
SEPT.
OCT.
NOV. P
DEC. P

99.3
97.6
97.7
98.7
9$.9
100.6
101.8
103.2
103.9
104.6
105.2
106.6
108.1

1

Member

Time Deposits

Domes**
NonmemDor

272.3
268.3
254.9
256.1
268.8
259.7
267.7
272.2
269.1
272.4
274.6
276.0
284.7

182.8
178.9
169.3
170.1
178.1
176.7
180.2
178.1
179.1
180.1
181.3
187.9

85.5
85.2
81.7
82.0
86.8
84.2
86.4
87.8
87.0
89.1
90.0
90.4
92.5

183.7
182.3
180.2
178.7

90.6
91.2
90.8
89.2

184.8
185.2
186.5
188.4

_ _ _Time and Set* i » O e p o e f t V
_ _
Savings*'
COo*/

!
|

|

Other

Total

Other
Checkable
Deposits $/

nonoonic
Thrift
Institutions^

US
Govt
Demand"

621.4
627.1
631.i
639.2
644.0
644.3
650.3
656.0
657.8
661.4
664.0
664.1
667.6

10.3
12.0
8.4
6.5
5.3
8.4
10.8
13.2
9.8
12.5
11.7
5.5
9.5

99.5
101.1
99.6
97.5
92.6
88.9
84.4
84.0
86.4
89.8
93.4
95.9
97.1

293.5
299.8
306.7
311.3
315.1
320.5
323.9
327.0
332.5
338.1
346.7
355.5
360.4

219.6
218.0
215.9
216.5
217.7
215.9
217.2
219.2
218.5
216.7
213.8
207.3
205.3

612.6
618.8
622.1
625.3
625.4
625.3
625.5
630.1
637.3
644.7
653.9
658.7
662.8

94.6
95.0
96.3
97.3

353.4
355.4
355.8
356.4

208.2
207.8
207.2
206.5

656.2
658.2
659.2
660.1

6.4
4.1
5.0
6.6

90.6
92.3
92.6
91.8

97.7
97.6
97.2
96.9

358.7
359.2
360.1
361.7

205.5
206.0
205.3
204.5

i 661.9
662.8
! 662.6
663.1

5.1
3.9
8.8
14.9

94.9

96.2

362.2

205.3

663.7

15.1

1
|

1
j

3.0
2.9
2.9
3.0
3.2
3.3
3.3
3.4
3.4
3.5
3.4
3.4
3.4

1

|

WEEK ENDING:
1979-NOV.

DEC.

1980-JAN.

7P
UP
21P
28P

106.5
106.9
106.8
106.3

278.7
277.6
275.5
272.1

5P
12P
19P
26P

106.9
108.1
108.2
109.3

279.9
281.8
283.3
284.2

2P

107.2

294.6

I

195.5

,

1

1/ TIME AN0 SAVINGS DEPOSITS AT ALL COMMERCIAL BANKS.
2/ TOTAL 0EMAND DEPOSITS INCLUDE f IN ADDITION TO THE MEMBER AND DOMESTIC NONMEMBER DEPOSITS SHOWN, DEPOSITS DUE TO FOREIGN AND
INTERNATIONAL INSTITUTIONS AT F.R.BANKS AND Ml TYPE BALANCES AT AGENCIES A N D B R A N C H E S Of FOREIGN BANKS.
3/ BASED ON MOST RECENT CALL REPORT DATA.
4/ INCLUDES NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF $100,000 OR MORE BY LARGE WEEKLY REPORTING
COMMERCIAL BANKS.
5/ INCLUDES NOW ACCOUNTS AT COMMERCIAL bANKS.
6/ INCLUOES NOW ACCOUNTS AT THRIFT INSTITUTIONS, CREDIT UNION SHARE DRAFT ACCOUNTS, AMD DEMAND DEPOSITS AT MUTUAL SAVINGS BANKS.
7/ AVERAGE OF BEGINNING ANO END OF MONTH DEPOSITS AT MUTUAL SAVINGS BANKS, SAVINGS AND LOAN SHARES, AND CREDIT UNION SHARES.
8/ U . S . GOVERNMENT DEMAND DEPOSITS AT ALL COMMERCIAL BANKS. INCLUDES TREASURY NOTE BALANCES, BEGINNING NOVEMBER 2, 1^78.
P - PRELIMINARY;
R - REVISED




Special Supplementary Table
Savings Deposits Authorized for Automatic Transfer (ATS)—
and NOW Accounts in New York State
(Amounts outstanding, million of dollars,
insured commercial banks^

^/
ATS Accounts—
Dec.

NOW Accounts in
New York Statej/

7335

2260

12

7350

2285

19

7340

2305

26
Jan.

5

7270

2

7360

*

-

>

^

2450

jL/ Excluding commercial banks in Massachusetts, New Hampshire,
Connecticut, Rhode Island, Maine and Vermont.
_2/

ATS estimates are based on data collected by the Federal Reserve
and the FDIC from a stratified random sample of 351 commercial
banks. NOW estimates are based on data collected from a sample
of 38 banks in New York State.




APPENDIX
TABLE 1

HONEY STOCK MEASURES
BILLIONS OF DOLLARS
][

7977

1978

1979

JANJ
FEB.I
MAR.!
APR.
MAY.
JUN.
JUL.)
AUG.
SEP.
OCT.
NOV J
DEC.

I NQT SEASONALLY ADJUSTED!
LSEASQflMLY ADJUSTED)
M4
Mi
1
&Z 1
tti i
t«2
ai±
i
Ml*
Ml
J
BSt
Ii ttl
DEMAND | Ml PLUS ! M l PLUS I M2 PLUS
M2 PLUS
M2 PLUS
M l PLUS
M3 PLUS 1 I
DEMAND 1 M l PLUS
TIME
OEPOSITS
DEPOSITS
LARGE
'
LARGE
I | D E P O S I T S ! SAVINGS 1
TIME
DEPOSITS 1 SAVINGS 1
NONBANK | N E G O T I - | N E G O T I - I I
EXCEPT
PLUS
EXCEPT
AT CBS £|
AT CBS £l
NONBANK
PLUS
THRIFT
T H R I F T 1 ABLE CDS
ABLE COSI I CURRENCY 1 CHK OEPS LARGE COS 1
CURRENCY) CHK OEPS LARGE CDS
AT T H R I F T
1NSTS
Ay T H R I F T
1 1NSTS
527.6
1248.9
74775"
1252.0
751.8
523.1 1
JToTT^ 1 3 1 1 . 7 1 1 ~ 3 2 1 . 3
3 1 6 . 1 1!
311.9 I
520.8
1260.7 1
1254.1
748.2 1
527.4 1
1323.5 1I
816.2 1
317.9
753.3 1
820.9 |
315.0 |
1271.7
527.8
1333.5 I 1
757.8 |
759.2 1
319.7 |
1271.5
531.3
541.1 1
771.8 1
325.3 1
1283.3
535.9
827.2 I
765.6 1
1292.1
1344.9 I 1
322.5
318.7 1
1292.9 1
1355.1 | 1
832.2 1
768.2
535.1 I
769.9
538.2
323.6
1292.3
324.6 1
776.7 1
541.3
1308.0
1304.4 1
838.8 1 1367.8 1I
540.4
775.5 I
325.3
847.1
548.4
330.4
786.5
1324.6
1382.5 I 1
783.9
328.7
1319.2
545.0
546.8
853.7 1 1395.8 I 1
786.7 1
328.1 |
1329.0
1331.6
789.6 I
549.2
330.6
331.1
549.8 !
791.3
859.6
1339.5
1408.7 I 1
1344.5
795.5
333.1 1
553.6
554.9
1352.7
798.7
335.2
867.9 1
1356.4
556.7
1423.0 11
801.2
335.4
558.0
338.4
1359.9
802.8
1436.1 I I
876.1
1365.2
558.0 1
805.2
336.5
814.9
1377.2
568.0
883.1 1 1448.0 | 1
809.4
348.2 1
560.6
1374.3
338.7

JAN.
FEB.
MAR.
APRJ
MAY_
JUN.
JUL.
AUG.
SEP. 1
OCT.
NOV.
DEC.

341.9
342.4
1
343.2
347.9 1
350.7 1
352.5
354.4
356.7
360.7 I
361.2
360.7 1
361.5

564.6
565.3 1
566.4 !
572.1 I
576.1
578.6
580.0
583.4
589.2
589.4
587.0
586.1

816.0
819.4
822.6
830.3
836.7
842.6
848.5
856.5
865.6
870.8
875.6
879.0

JAN_
FEB.
MAR.
APR.
MAY_
JUN.
JUL. 1
AUG.
SEP. I
OCT. 1

360.2
359.4
360.0
365.5
365.7 I
370.3 1
373.5 I
375.6 I
379.2 I
380.0

581.9
578.8
578.3
584.0 I
583.1
589.2
594.3 1
597.6
601.2 1
598.8

879.0
880.9
883.9
894.4
898.4
909.0
918.7 I
927.1 |
936.6 I
943.3




1

1385.5
1392.9 !
1400.3 1
1411.9 |
1422.0
1433.1 1
1444.4 I
1458.0
1474.0 1
1485.4
1495.0
1503.3

891.9
898.3
904.0
913.8
922.9
929.3
936.6
944.1
954.1
959.4
971.0
975.6

1507.7
1513.9
1521.9 1
1535.4 |
1541.6
1556.9
1571.6
1584.6
1599.0
1608.6

979.5
983.0
982.9
989.4
989.0
993.9
1003.3
1013.0
1024.7
1034.4

1
1

1

I

1

1461.4 I 1
1471.8 | 1
1481.7 | 1
1495.3 | I
1508.2 I 1
1519.8 | I
1532.5 I 1
1545.6 | I
1562.6 | 1
1574.0 1 I
1590.4 | I
1600.0 I I
1608.2
1616.0
1620.9
1630.4
1632.1
1641.8
1656.2
1670.5
1687.1
1699.6

11
|I
|1
|1
|I
|I
I1
|I
| I
|I

; — - M5
tt*
M2 PLUS
M3 PLUS
1 LARGE
1
LARGE
NEGOTINEGOTI! ABLE COS ! ABLE COS
I"
1
I

1

I

820.6
813.9
821.1
837.0 1
834.9
844.0
851.3
853.4
861.1
868.1
872.9
884.7

1388.8
1385.8
1400.0
1421.3 I
1421.3 I
1436.8
1450.1
1455.1
1468.6
1481.4
1489.1
1506.0

586.8
571.4 |
574.3
589.6
579.5
590.0
598.0
594.9 1
597.2
597.0 I

883.7
875.2 I
882.6
901.4 |
896.7
910.6 1
921.6
923.9
931.8
940.3 |

1510.8
1506.3 1
1521.8
1545.5 I
1541.0
1560.9
1577.6
1581.6
1593.2
1604.3 |

347.5 1
335.9 1
338.2
350.9 1
345.5 1
351.8 |
356.2
354.1
358.5 1
361.0
362.7
371.6

569.3
558.2
562 .6
577.6
572.7
579.5
583.7
580.8
585.2
587.6
587.1
594.1

365.9
352.6
354.8
368.7
360.3
369.5
375.4
373.0
377.0
379.8

I

i
!
I

815.0
609.5 1
818.6
831.9 1
829.3
839.8 1
849.2
851.1 1
856.7
867.0 1
874.4
890.8 1

TUFTF"

897.0
890.8
901.4
918.3
919.5
930.3
938.6
941.5
951.4
958.9
969.2
984.2

1465.1
1462.6
1480.2
1502.7
1506.0
1523.1
1537.5
1543.2
1558.9
1572.3
1585.4
1605.5

|

984.7
974.8
980.1 I
994.1 1
985.7
995.0
1005.6
1010.3
1021.7
1033.7 |

1315.4
1332.3
1352.1
1353.5
1371.0
1387.3
1393.5
1404.9
1421.0
1431.5
1453.2

1611.9
1605.9
1619.3
1638.1
1630.0
1645.3
1661.5
1668.0
1683.0
1697.6

APPENDIX

DATE
1977

JANTTT

FEB...
*UR...
PR...
HAY...
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...
1978

1979

I
1 CURRENCY 1
1
1I
I
1
I
1
1
!
!
1
1
1

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

j
I
1!
j
11
1
j
1
1
I

JAN..*
FEB*..
MAR*•»
APR..*
MAY...
JUN...
JUL...
AUG...
SEP...
OCT...

1
1
11
I
|
1
11
I1
11
1!




l

81.3
82.0
82.4
83.1
83.6
84.1
85*1
85.6
86.4
87*1
87.8
88*6

1
1
1
1
!
I
I1
1
1
1
1
1

89.4
90.2
90.7
91.3
92.0
92*5
93.2
93.9
95.2
95.9
96*7
97.7

1

98.4
99.0
99.5
100.2

ioo.7

101.5
102.4
103*6
104.9
105.4

1
!
1
l1
1
1
]I
1
1
I
1
!
1
1
1
1
1
1
1
1

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS
SEASONALLY ADJUSTED. BILLIONS OF DOLLARS
DEMAND i
TIME AND SAV1[NGS DEPOSITS
OTHER I
DEPOSITS
TOTAL
1 TIME PEPS 1 SAVINGS 1
1
CDS
494.1
225.8
1
62.7
1
205.6 1
234.8
498.3
208.1 i
227.4
|1
1
62.9 I
235.9
501.2
1
210.1 1
229.4
237.4
1
61.8 !
1
504.8
1
211.8
231.4
1
61.6 I
239.3
1
508.6
1
213.0
233.3
1
62.3
240.0
513.5
1
213.4 1
236.8
I
63.3
241*2
518.4
i
214.5 ]
1
240.7
243.6
!
63.3
523.2
242.2
64.1
245.0 1
1
216.8
526.6
218.6 1
1
243.8 i
1
64.1
246*6
532.5
1
219.4
246.5
I
66.7
248*2
1
539.6
219.4
1
70.9
248*7
1
2 4 9 . 3 11
544.4
219.7 1
251.0
1
73.7
250*1
252*5
252*3
252.5
256.6
258*8
260.0
261*2
262*8
265.5
265.3
264.0
263.8

1
1
I
I1
1
!
!
i
!
!
1
1

261.8 !
260.4 1
I
260.5
2 6 5 . J jL
265.0
II
1
268.7
2 7 1 . 1 II
272.1
|1
2 7 4 . 4 |1
1
274.6

75.9
78.9
81.5
83.4
86*2
86.7
88.0
87*6
88.5
88*6
95*4
96.6

I
1
1
I
1
11
1
I
1I
I

100.5 1
102*1 !
99*0 I
95.0
|1
90*6
I!
1
84*9
84*7 11
85.9 I
!
88.1
91.1 1

i
j1
1
11
1
1
I
1
I
1
1
1

220.4
220.6
220.9
221.7
222*8
223.5
222*9
224*0
225.8
225*4
223.4
221*6

1
1
1
i1
I!
I
I!
1
i

550.0
555.9
560.8
565.9
572.2
576.8
582.1
587.4
593.5
598.2
610.2
614.1

300*1 i1
305.0 Ii
308.5 1
3 1 3 . 6 11
318.6
|1
1
323.2
327.8
|1
1
332.9
1
338.8
347.9 I

218.8
216.5
215.3
215.3
214.1
215.6
217.4
218.5
218.5
215.4

I
1E
1
1
11
1
1
1
1
1

619.3
623.6
622.9
623.9
623.2
623.6
629.8
637.3
645.4
654.4

253.7
256.4
258*5
260.8
263.2
266*6
271.2
275.8
279.1
284.2
291•5
295.9

1

L

NONBANK
THRIFT
ULS1S
501.5
507.3
512.5
517.6
523.0
529.0
535.3
542.1
549.0
555.1
560.0
564.9

I
1
L
I
1
I
1
I
1
1
1
1
I
I
1

1

569.5
573.5
577.7
581.5
585.3
590.5
595.9
601.5
608.5
614.6
619.5
624.4

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

1
I[
1
|
I
1
!
1
1
1

628*7
633.0
638.0
641.0
643.2
647*9
652.9
657.5
662.4
665.3

1
1
1
1
1
1
I
1
1
1

1

I
1
1
|
|
1
1
1
I
I

I
I
1
I
1
i
1

AFPENDIX

Z
CURRENCY

DATE

1
1977

1978

1979

JAN
FEB_
MAR
I
APR 1
MAY
J UN
JUL
AUG
SEP
OCT 1
NOV
DEC

80.7
9
81.7
82.9
83.5
84.3
85*8
85.9
86.2
86.9
88.4
90.1

JAN
FEB_
MAR
APR
MAY
J UN
JUL
AUG
SEP„
OCT
1
NOV
OEC„

88.7
89.0
89.9
91.0
91.9
92.8
93.9
94.2
94.9
95.7
97.4
99.3

JAN
FEB„
MAR
1
APR
MAY
J UN
JUL
I
AUG
SEP
OCT

97.6
97.7
98.7
99.9
100.6
101.8
103.2
103.9
104.6
105.2




1

|

1

1

1
1

1

TABLE 3
NOT <SEASONALLY _ A Q J U S I £ Q j . „ B I L L I O N S OF DOLLARS
Q£MAND_0££0£1JLS
J
T l f t F AND SAVJ [NQS DEPPS
DOMESTIC
OTHER
T I M E DEPfr
NON-ME MB I
SAViNG!>
£{)$
MEMBER
TOT^L
!
204.8
1
225.7
68.0
240.6
I
63.1
169.1
230.9
1
207.5
1
228.9
61.3
65.5
162.0
1
231.5
66.6
60.8
233.3
|
211.2
163.2
1
60.1
70.0
I
214.2
242.4
1
1
232.3
168.8
i
214.8
61.2
68.4
1
234.7
163.1
235.2
I
63.0
215.0
240.3
I
237.2
70.2
166.3
I
71.4
216.3
62.8
244.6
239.8
169.0
242.3
j
216.8
1
64.5
70.8
241.8
167.5
243.5
1
216.8
I
65.4
71.8
168.8
244.9
I
217.7
72.8
245.8
68.3
171.2
248.2
217.6
71.6
I
74.1
1
246.9
250.0
171.5
1
217.7
249.0
\
75.9
76.2
177.5
258.1
258.8
247.0
248.2
259.9
253.6
259.0
262.3
259.9
263.6
265.3
265.4
272.3
268.3
254.9
256.1
268.8
259.7
267.7
272.2
269.1
272.4
274.6

I
I

1

I

|
|
I
|
|

177.3
169.0
170.0
177.3
172.7
175.8
177.9
176.2
178.3
179.3
178.2
182.8
178.9
169.3
170.1
178.1
171.4
176.7
180.2
178.1
179.1
180.1

|
I
I
I
I
|

1
I

1
1

77.0
73.8
74.3
78.5
77.0
79.2
80.4
79.8
81.4
82.2
83.4
85.5
85.2
81.7
82.0
86.8
84.2
86.4
87.8
87.0
89.1
90.0

I

1

1
1
1
1
i

76.4
76.9
80.2
81.4
84.6
86.3
87.3
88.0
90.3
90.8
96.4
99.5
101.1
99*6
97.5
92.6
88.9
84.4
84.0
86.4
89.8
93.4

1

I
1
1

!

I

253.5
257.9
260.8
261.9
264.8
267.1
270.3
275.4
278.7
283.3
288.7
293.5
299.8
306.7
311.3
315.1
320.5
323.9
327.0
332.5
338.1
346.7

1

|

I
I

I
i

|

219.6
220.0
222.1
224.2
224.6
225.1
224.8
224.0
223.9
223.7
221.5
219.6
218.0
215.9
216.5
217.7
215.9
217.2
219.2
216.5
£16.7
213.6

LXL.
1

1

1
1
I
1
1
|
K
I
1

|

1
!

TQTAl
493.6
497.6
503.6
506.5
510.7
515.2
518.6
523.0
525.7
531.8
536.0
542.6
549.5
554.9
563.2
567.4
574.1
578.5
582.4
587.4
592 . 9
597.9
606.5
612.6
618.8
622.1
625.3
625.4
625.3
625.5
630.1
637.3
644*7
653.9

i.

OTHER
CHECKABLE PEPS
1.4
1.4
1.5
1.6
1.6
1.7
1.8
1
1.8
1.9
2.0
I
2.1
2.1

1
|

I

I

2.2
2.3
2.3
2.5
2.6
2*6
2.7
2.7
2.6
2.9
2.9
3*0
2. 9
2.9
3*0
3.2
3.3
3.3
3.4
3.4
3.5
3.4

|
I

I
|
i
I

|

I

HQHBkHK
THRIFT 1

1&S1S

U.S.GOVTl

D£UAttiL-i

500.2
505.9
513.7
520.3
524.1
531.2
538.1
542.3
548.2
554.0
557.0
562.3

3.9
4.2
4.3
5.4
3.6
5.0
3.6
3.4
5.0
3.7
3.5
5.1

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

568.1
571.8
578.8
584.3
536.4
592.8
596.8
601.7
607.5
613.4
616.2
621.4

4.3
4.3
4.8
5.0
4.0
6.2
4.4
3.5
6.2
4.3
6.1
10*3

|
|
|
|
I
|
|
|
|
J
{
!

627.1
631.1
639.2
644.0
644.3
650.3
656.0
657.8
661.4
664.0

12.0
3.4
6*5
5.3
8.4
10.8
13.2
9.8
12.5
11.7

3
*
j
|
|
!
i
1
!
I

APPENDIX

1_

1
1
1
1 9 7 8 JUN
JUL
JUL
JUL
JUL
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
NOV
NOV
NOV
NOV
NOV
OEC
OEC
OEC
OEC
1 9 7 9 JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
NAY
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
OCT

L

281
51
121
191
261
21
9|
161
231
301
6|
131
201
271
4|
ill
181
251
11
81
151
221
291
61
131
201
271
31
101
171
241
311
71
14|
211
281
7|
14|
21|
281
4|
111
181
251
21
91
161
231
301
61
131
201
271
4|
U |
181
251
11
81
151
221
29|
51
121
19|
261
31
101
17|
241
311

Al
OENANO
DEPOSITS
PLUS
CURRENCY
353.0
355.1
354.4
353.1
354.6
355.2
356.1
357.2
357.3
356.0
359.9
360.6
361.0
361.5
360.8
361.8
362.3
359.5
360.9
361.2
360.9
360.6
360.2
361.2
361.2
361.3
361.2
362.5
360.8
361.2
356.2
357.7
360.6
360.9
359.0
357.2
361.1
359.7
360.7
359.9
361.0
362.8
367.1
367.5
365.5
366.1
365.6
365.8
365.3
372.4
369.8
370.1
369.9
371.1
374.8
373.8
372.6
373.7
374.9
376.8
375.5
375.7
378.7
379.7
378.7
379.1
381.2
382.0
380.2
378.2
377.6




1
1
1

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

1

1
I
|
|
|
1
I
1
1
|

Ml*
Ml PLUS
SAVING
AT CBS &
CHK flgPS
579.3
581.2
580.0
578.4
580.0
580.7
582.1
583.6
584.3
583.5
588.0
589.2
589.6
590.2
589.5
590.4
590.7
587.6
588.3
588.2
587.5
586.5
585.6
586.4
586.1
585.8
585.3
586.6
583.8
583.0
579.2
577.8
580.2
580.4
578.2
576.3
560.0
578.4
578.9
577.6
579.0
581.7
585.7
585.9
513.3
583.7
582.9
583.0
582.5
590.4
588.5
589.2
589.2
591.0
595.5
594.6
593.5
594.6
596.6
596.7
597.5
597.8
601.3
602.9
600.9
600.1
601.7
602.6
599.7
596.3
593.5

TABLE 4
MONEY STOCK MEASURES, COMPONENTS, ANO RELATED
SEASONALLY AQJUSTED. B I L L I O N S OF HOLLARS
1
M2
1
M4
Mi PLUS
M2 PLUS
DEMAND
CURRENCY
TINE
1
LARGE
OEPOSITS
EXCEPT
NEGOTI1 LARGE COS 1 AflLE CDS
844.1
930.6
92.8
26o7~
92.9
935.1
262.2
847.6 1
93.1 I
261.3
847.2
935.3
259.9
847.0
935.3
93.1 I
937.9
93.2 I
261.3
849.6
261.7
93.5
851.5
939.3
93.7
262.3
854.0
941.6
93.9
856.7
944.1
263.3
94.1
263.1
857.8
945.3
94.4
261.6
1
857.8
945.6
94.6
265.1
863.1 1
951.2
265.6
1
865.0
953.7
95.0
265.8
1
865.8 1
954.8
95.2
95.4
955.7 I
266.1
1
867.2 1
955.8 I
95.6
265.2
1
868.1 1
95.7
266.1
1
870.5 \
957.8
266.4
95.9
959.3
1
871.9 1
95.9
263.6
1
870.1 1
959.3
96.4
264.5
1
872.5 1
964.0
264.7
96.5
1
874.6 1
968.7
96.7
264.2
1
875.4 1
970.9
263.7 1
96.9
1
876.1 1
972.2
263.2
972.5 1
97.0
1
876.3 1
264.0
I
877.7 1
974.0
97.2
97.4
263.8 I
975.0 I
1
878.2 1
97.4 I
264.0 I
1
878.6 1
975.6 I
263.3 I
97.9
975.4 I
1
879.0 I
1
881.4 1
264.4
978.0
98.1
1
878.5
977.4
98.2
262.6
879.9
980.4
262.9
98.2
877.6
979.5
98.6
259.6
877.5 1
979.9
98.7
258.9 1
982.4
880.6
99.0 |
261.5
882.5
98.7
984.3
262.1
880.8
983.2
99.0
260.0
879.9 1
982*4
99.3
257.9 1
883.7
985.0
99.6
261.4
883.1
983.3
99.2
260.5
99.4
883.8
982.6
261.2
884.9
99.7
982.0
260.2 1
867.3
260.9 1
983.5
100.0
891.2
987.0
99.8
263.0 1
895.5 1
990.7
267.0
100.2
897.2 1
991.5
100.2
267.3 1
100.4
896.3
989.9
265.1 i
897.3
100.4
265.7 1
990.0
897.5
988.9
100.6
265.0 1
899.0 1
988.9
100.8
265.0 i
899.9
101.3
264.0
988.1
101.4
908.0
993.9
270.9
907.4
991.9
268.5
101.2
101.4
268.7 1
993.7
909.2
910.4
994.9
101.9 I
268.1
913.6
101.9
269.1
998.8
918.4
1
1003.0
102.0 i
272.8
271.6
1003.1
919.2
102.3
1
918.6
1003.1
270.0
102.6
921.2
1006.5
270.7
103.0
j
924.6
103.4 |
1010.0 I
271.5
103.5 I
927.8
273.3
1013.3
1
927.2, i
103.8 I
1013.3 1
271.8
103.9 I
1
928.5
1015.2
271.8
1
933.5
104.8 I
273.9
1020.2
104.4
I
936.0 I
1023.2
275.2
I
104.7 |
936.2
1024.6
274.0
I
104.9 |
937.5
1026.5 |
274.3
|
941.4
1030.7
105.3 1
275.8
944.4
105.4 I
276.6
1
1034.3
I
1034.4
274.9
105.3 1
943.5 1
941.9
273.0
1
105.3 I
1033.8
271.9
1
105.7 I
942.5
1035.0 j

ITEMS
TIME AND SAVINGS DEPOSIT
OTHER
TIME OEPS

COS

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
96.6
98.9
100.5
101.9
102.4
101.8
101.8
102.4
102.4
101.3
100.2
98.8
97.0
96.2
95.9
95.1
94.4
93.6
92.7
91.5
89.8
88.2
85.9
84.5
84.5
84.5
85.2
84.7
83.3
84.5
85.3
85.4
85.5
86.1
86.7
86.6
87.2
88.4
89.0
89.2
89.9
90.9
91.9
92.5

1

1
1
1
1
I

1
I
1
I
1
1
I
1
1
1
1

1

1

267.5
269.1
269.9
271.4
272.4
273.5
274.7
275.8
276.3
277.1
277.8
278.5
278.9
279.8
281.3
282.9
284.0
285.4
287.0
289.3
290.8
292.5
293.4
294.2
295.1
295.7
296.7
297.8
297.7
299.8
301.4
302.6
303.3
305.0
305.5
306.5
306.6
307.6
307.9
310.4
311.4
312.6
313.0
314.5
316.3
317.0
317.8
319.2
320.7
320.9
322.2
323.3
324.5
326.0
326.2
328.0
328.4
330.0
331.5
332.5
333.2
334.2
335.7
336.6
338.8
340.8
343.2
345.3
347.2
349.0
352.3

|
I
1
I

1
1

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

223.7
223.4
223.0
222.6
222.7
222.8
223.3
223.7
224.3
224.8
225.4
225.8
225.9
225.9
225.9
225.8
225.5
225.2
224.6
224.1
223.7
223.0
222.7
222.2
222.0
221.5
221.1
221.1
220.0
218.9
218.0
217.2
216.8
216.6
216.4
216.2
216.0
215.8
215.2
214.6
214.9
215.8
215.4
215.2
214.5
214.3
214.0
214.0
213.9
214.7
215.5
215.7
215.9
216.5
217.3
217.4
217.5
217.5
218.3
218.6
218.5
218.6
219.1
219.7
218.8
217.5
217.1
217.2
216.2
214.7
212.6

1
TOTAL

SAVINGS

1

!
|

1

I

i

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

577.6
579.9
580.9
582.2
583.3
584.2
585.5
587.0
588.0
589.7
591.3
593.0
593.8
594.2
595.0
596.0
597.0
599.8
603.1
607.5
610.0
611.6
612.3
612.7
613.8
614.2
614.3
615.6
616.6
619.3
621.3
622.2
621.8
623.4
624.2
625.2
623.9
623.6
621.9
622.1
622.6
624.3
623.6
624.0
624.4
623.9
623.3
623.1
622.9
621.5
622.2
623.6
625.0
627.7
628.3
629.2
630.5
632.9
635.1
636.6
o37.7
639.5
641.4
643.5
645.9
647.3
649.5
652.3
654.3
655.6
657.4

1

1

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

APPENDIX

TAti«_E 5
MONEY STOCK MEASURES, COMPONENTS, AMD RE LATED ITEMS
XL T SEASQNALI Y APJ JllLu,
a i L U Q N S - f l E . £QLLAE£

-HI-

DE HAND
OEPOSITS
PLUS
1978

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

28
5
12
19
26
2
9
16
23
30
6
13
20
27
4
11
16
25
1
6
15
22
29
6
13
20
27

1979

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
AUG
AUG
AUG
AUG
AUG
SEP
SEP
SEP
SEP
OCT
OCT
OCT
OCT
OCT

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

Jll±Ml PLUS
SAV-CBS
I CK DEP

M2

PLUS

LARGE
NEGOTI-

TIMf AND SAY Ute

3EMANJ J&PLi^ITS

-lit.
/ : ^LUS
TIME OEP
EXCEPT

CURRENCY

TOTAc

MEMBER

DOMESTIC
NONMEMBER

DEPOSITS

OTHER
COS

TIME

SAVINGS!

TOTAL

DEPS

LUfiftSNCX iL.Trtai£L
347.5
360.6
358.7
356.2
351.7
3 5«t.O
355.9
356.8
352.6
349.7
360.0
362.1
359.9
352.6
360.0
364.5
364.5
355.7
359.2
365.6
365.5
360.0
359.2
367.6
369.4
371.6
371.1
383.2
373.7
370.3
358.6
351.9
357.2
355.9
351.2
346.2
356.6
356.2
355.2
350.3
361.6
368.4
375.2
368.4
363.8
361.8
362.1
357.7
357.4
371.5
370.7
369.9
365.0
375.8
380.0
378.0
370.6
371.4
374.8
376,5
372.5
367.7
377.4
380.2
378.7
371.0
379.7
384.3
382.9
375.1
374.6




574v.8
588.6
5 86.9
583
578
5 80
5 8;
583,
579
5 76
5 86
589.0
586.3
578.9
587.3
5 92.2
591.3
581.8
584.0
590.5
590.3
584.2
5 83.0
591.2
592.6
593.7
592.5
605.6
596.0
591.5
578.8
571.1
576.2
574.8
569.9
564.7
575.5
575
574
570
583
590
596.1
588.3
582.8
5 81.1
581.2
576.9
576.5
591.7
591.3
590.3
585.3
597.5
603.1
600.9
593.2
593.3
597.2
598.9
594.3
589.0
598.8
601.8
598.7
589.7
598.6
603.9
601.1
591.3
588.4

839.7
85^.6
852.9
850.9
647.6
850.8
854.1
655.8
852.4
850.6
862.1
864.6
861.5
855.3
865.2
871.7
871.5
863.6
866.8
874.6
875.1
871.1
870
879
882
884
899
889.8
887.9
877.4
871.3
877.3
878.3
874.4
870.6
882.1
883.5
862.5
879.5
893.3
902.0
907.3
900.9
897.1
696.3
897.8
895.0
896.2
911.0
911.5
910.7
906.5
919.8
925.0
924.3
917.5
919.5
924.8
927.2
923.4
919.6
930.9
934.7
932.9
926.0
937.5
945.0
943.7
935.8
935.6

92 5 . 9
941.9
940.1
938.2
935.0
938.2
941.6
943.6
940.4
939.5
951.4
954.7
952.2
946.1
955.8
961.5
961.1
954.7
960.0
969.5
971.1
968.3
967.9
977.4
981.4
984.1
984.3
999.4
990.8
988.9
978.8
972.5
977.5
977.9
973.8
969.7
980.8
981.6
979.8
976.2
989.0
996.3
999.8
992.0
937,4
986.3
987.3
983.7
983.9
996.5
995.7
994.4
990.8
1004.9
1009.0
1007.2
1001.2
1004.3
1010.1
1012.9
1009.9
1007.2
1018.7
1023.2
1023.0
1017.2
1029.5
1037.5
1036.9
1029.7
1030.0

92.^
94.2
94.6
93,
93,
93,
95,
94,
94,
93,
95
95
94.6
94.0
95.1
96.5
95.9
95.3
95,
97,
97,
97,
97,
98.6
99.1
99.2
100.4
98.7
98.8
97.8
97.1
96.4
98.0
97.9
97.9
97.0
99.0
98.8
98.6
98.1
99.3
100.7
100.5
99.2
99.2
101.2
100.8
100.4
100.6
101.9
102.1
101.7
101.2
102.9
104.0
103.4
102.8
102.6
104.6
104.3
104.0
102.9
105.1
105.0
104.4
103.6
104.4
106.4
105.5
104.8
104.3

255.2
266.4
264.1
262.3
258.5
260.7
260.6
262.2
258.4
256.3
26*.3
266.9
265.3
258.6
265.0
268.0
268.6
260.4
263.9
268.1
267.9
262.3
261.9
269.0
270.3
272.4
270.7
284.5
274.9
272.4
261.5
255,6
259.2
257.9
253.2
249.2
257.5
257.4
256,5
252.2
262.2
267.7
274.7
269,2
264.6
260.6
261,3
257.3
256,8
269.6
268.5
268.2
263.8
272.9
276.0
274.6
267.8
268.8
270.2
272.2
268.5
264.8
272.3
275.2
274.3
267.4
275.3
277.9
277.4
270.2
270.6

173.5
181.9
177.8
177.6
175.5
177.5
176.4
177.6
175.3
174.1
179.2
179.8
179.4
175.1
180.0
181.2
181,0
175.7
178.8
181.0
180.0
175,2
175.6
180.5
181,2
183,2
181.5
191.4
182.5
181,6
173.9
170.6
173.3
172.2
167.5
164.1
171.0
170.5
170,6
167,6
174.3
177.2
181.7
178.5
175.2
171.6
172.4
169.9
169.8
178.3
176.7
176.9
174.3
181.1
181.9
181.4
177.4
178.6
178.6
180.3
177.6
175.5
179.8
180.0
179.9
176.1
181.7
181.8
161.3
177.0
178.3

77.9
80.2
82.2
80.9
79.0
79.3
80.4
80.7
79.2
78.6
81.2
83.2
82.0
79.8
61.2
83.0
83.7
81.1
81.3
83.3
84.4
83.5
82.5
84.5
85.5
85.4
85.4
88.1
88.1
86.8
83,4
81,0
81.9
82.0
81.8
81.0
82.6
82.6
81.9
80.7
83.9
86.9
89.1
86.7
85.4
84.9
84.9
83.4
82.6
86.5
87.2
86.8
85.1
67.6
89.8
88.9
86.2
85.9
87.5
88.0
86.9
85.5
88.5
91.1
90,0
87.0
89,1
91.3
91.7
88.7
88.0

86.3
87.3
87.3
87.3
87.4
87.3
87.6
87.7
88.0
88.6
89.3
90.1
90.7
90.8
90.6
89.6
89.7
91.1
93.3
94.9
96.1
97.1
97.6
96.0
99.2
100.2
100.0
100.3
101.0
101.0
101.4
101.3
100.1
99.6
99.4
99.1
98.7
98.2
97.4
96.6
95.7
94.3
92.5
91.1
90.3
90.0
89.5
88.7
87.7
85.5
84.1
83.8
84.3
85.1
84.0
82.9
83.7
84.7
85.3
85.8
86. 6
87,6
87.8
88.5
90.1
91.2
92.0
92.5
93.2
93.9
94,4

267.-5
268.5
268.7
270.1
271.7
273.1
274.1
275.0
275.7
277.1
277.9
276.3
277.9
279.2
280.7
282.4
283.0
284.6
285.6
287.0
287.6
289.8
290.2
291.2
292.6
293.1
294.8
296.5
296.8
299.3
301.6
303,0
304,1
306.4
307.5
308.8
309.6
310.9
310.9
312.4
313.3
314.2
314,4
315.9
317.7
318,5
319.9
321,4
322.9
322.5
323.5
323.7
324,6
325,7
325.3
326.6
327.7
329.6
331.0
331.7
332.5
334.0
335.6
336.3
337.6
339.8
342.3
344.5
346.0
347.9
350.6

224
225
225
224
224
223.8
224.1
224.0
224.0
223.8
224.1
224.2
223.6
223.5
224.4
224.8
224.0
223.3
222.0
221.9
222.0
221.3
220.9
220.7
220.2
219.1
218.5
219.4
219*3
216.3
217,3
216.3
216.0
216.0
215.8
215.6
216.0
216.4
216.3
216.8
218,4
219.4
217,6
216,6
215.7
216.0
215.8
215.9
215. 8
216*»
217.4
217.1
216,9
218,3
219.7
219.5
219,1
216.5
219.0
216.9
218.4
217,6
217,9
218,2
216.6
215,2
215,5
216,2
214,8
212,9
210.2

578.4
581.3
581.4
582.0
583.3
584.1
585.7
586.8
587.8
589.7
591.3
592.7
592.3
593.4
595.8
597.0
596.7
599.0
600.9
603.8
605.6
608.2
606.7
609.8
612.0
612.4
613.3
616.2
617.1
6 IB.6
620.3
620.6
620,2
622.0
622.7
623.6
624.2
625.5
624,6
625.9
627.5
627.9
624,6
623.6
623,6
624.5
625.2
626.0
626.5
624.9
625,0
624,6
625.8
629.1
629,0
629.2
630.6
632.9
635,3
636.4
637.4
639.5
641.3
643,1
64J4.3
646.1
649,8
653.2
654.0
654,6
655.2




1980 S e a s o n a l F a c t o r s - Monrhiy and tf<
Currency rrrj D^nar-fl u e p o s i t s i Corinonoi<cs <^'' M-'.>i
Coinir.«Tcial Lank Components of t:h<- B r e e d e r ;

Cuiiencj

];iond«ly.

Dentmd
De.yosits

Siviaf.r.
0c£Of.iits

kly
auc M-lfl and
pi'.-i: - r a t e s

Cop^erc i a Baa.
.l
La re,e
Sresi.!.
deno;nia.itioT>
denomination
tj£$_ .:^2SIi}-S f:

r

~yLi-jk-J12.s-1' rp

.9980
3.0030
1.0030
1.0010
1.0040
i.0050
1.0010
.9990
1.0000
1,0030
,9930
. 9900

1.0140
1.0050
1.0080
.9930
.9950
.9850
.9330
.9940
.9930
1.0010
1.0070
1.0230

.9910
.9970
.9960
.9950
.$950

.9920
.9980
.9970
.9930.9990

1.0230
1.0160
1.0140
1.0130
1.0120

.9890
.9340
.9700
.95*0

.9930
.9940
.9940
.9950

1.0010
2.0030
1.0040
1.0040

1.0070
1.0050
1.0330
1.0050

,9390
.9980
,9920
.9870

»9S?0
,9*-30
.9330
.9620

.9970
1.0010
1.3040
1.0070

1.0340
1.0040
1,0040
1.0020

1.0070
1.0390
1.0070
1.0080

9
36
23
30

,9900
1.03 00
1.0030
.9940
.9830

.9870
1.0150
1,0300
1.0 ."20
.9940

1.0120
1,0160
1.0130
1.0070
1.C040

1.0010
.9995
1.0000
1.0020
1.0040

1.0060
.9990
.9510
.9870
.9860

May

7
14
21
28

1.0000
1.0020
,9980
.9930

.9360
.9830
..9750
.9660

1.C060
1.0080
1.G030
1.0070

1.0030
1.0040
1.0040
1.0040

.9390
.9920
.9980
1.0010

June

4
U
18
25

.9990
1.0100
1.0020
.9960

.9V10
1.00.50
.9800

1.0070
3.0060
1.0030
1.0010

1.0050
1.0050
1.0050
1.0050

.9950
.9S90
.9320
.9100

2
9
16
.
23
30

.9990
1.0/20
1.0100
1.0020
.9920

3.0020
1.0190
1.0150
.9930
.9830

1.0040
1.0080
1.0080
1.0000
1.0040

1.0050
1.0020
1.0000
1.0000
1.0000

.9830
. 9810
.9300
.9330
.9870

6
13
20
27

1.0070
I.0100
1.0030
.9920

.9950
.9590
..9920
.9750

1.0030
1.0020
1.0010
1.0000

.9990
1.0000
-99S0
.9980

.9320
.9930
,9940
.9960

Sept . 3
10
17
24

1.00GO
1.0100
1.0000
.9920

.99 30
1.0030
1.0?20
.93f.O

.9990
1.0300
.9930
.9960

.9930
. 9990
. 9930
1.0010

.9550
.9930
.99.10
.9920

Oct.

1
8
15
22
29

.5850
1.0060
1.0040
.0950
.9 260

.9900
1.03 50
1,0140
I.0C20
,9930

.9930
1.0000
. 9930
,9950
.9920

1.C020
1,0020
1.0030
1.0030
1.0030

.9960
.9970
.9930
1.0020
1.0060

><o« . 5
1?
IS
26

1.0000
1.0120
1,00*30
1.0040

1.0150
1.0090
1,0390
,9934'

.9V20
,9 l H5
, -1J20
-9940

1-0030
.7940
,9£'J0
.9860

1. .00 30
1,0020
1.005*/
1.0090

I-ec.

1.0100
i,o;-20
1.0170
1.0?40
l.OilC

l.O-lf-O
1,0?30
l.O'MQ
1 . \sl K1.3»V0

,9930
,9s-'»0
,.9;O0
.95/0c
. 9360

,9930
.98<*i0
.9910
.9970
.9980
1.0010
1.0060
1.0020
.9980
.9980
1.0070
1.0180

1980 Jan.
Feb*
y'ii*.
Apr.
Msy
Jane
July
Aug.
Sept
Oct.
Nov.
Dec.

1.0210
.9740
,3780
1,0140
.9790
,99 50
1.0030
.9910
.9930
1.00JO
1.0070
1.0290

.9950
.99^0
1.0040
1.0.100c
1.0070
1.0040
1.0060
1.0010
.5930
.9960
.9930
.9900

1.0060
1.0070
,9970
.9380
.9760

1.0650
1.0510
1.0390
1.0060
. 9300

.9900c
.9930
.9900
.9/30

_.Ve€.k.ly_
19S0 Jar*.

2
c
16
23
30

Feb.

6
13
20
2;

s

Mar.

:.2
19
26
V

Apr.

July

Aug.

3
10
37
71:
31

c—fn^ecte' ;

i.eo-io

.9?o0
. 9890
. J 390
'
.9900
. 99.10

1.0110
J.0200
1.0240
1.0340
1.02 30




1980 S e a s o n a l F a c t o r s - Monrhiy and tf<
Currency rrrj D^nar-fl u e p o s i t s i Corinonoi<cs <^'' M-'.>i
Coinir.«Tcial Lank Components of t:h<- B r e e d e r ;

Cuiiencj

];iond«ly.

Dentmd
De.yosits

Siviaf.r.
0c£Of.iits

kly
auc M-lfl and
pi'.-i: - r a t e s

Cop^erc i a Baa.
.l
La re,e
Sresi.!.
deno;nia.itioT>
denomination
tj£$_ .:^2SIi}-S f:

r

~yLi-jk-J12.s-1' rp

.9980
3.0030
1.0030
1.0010
1.0040
i.0050
1.0010
.9990
1.0000
1,0030
,9930
. 9900

1.0140
1.0050
1.0080
.9930
.9950
.9850
.9330
.9940
.9930
1.0010
1.0070
1.0230

.9910
.9970
.9960
.9950
.$950

.9920
.9980
.9970
.9930.9990

1.0230
1.0160
1.0140
1.0130
1.0120

.9890
.9340
.9700
.95*0

.9930
.9940
.9940
.9950

1.0010
2.0030
1.0040
1.0040

1.0070
1.0050
1.0330
1.0050

,9390
.9980
,9920
.9870

»9S?0
,9*-30
.9330
.9620

.9970
1.0010
1.3040
1.0070

1.0340
1.0040
1,0040
1.0020

1.0070
1.0390
1.0070
1.0080

9
36
23
30

,9900
1.03 00
1.0030
.9940
.9830

.9870
1.0150
1,0300
1.0 ."20
.9940

1.0120
1,0160
1.0130
1.0070
1.C040

1.0010
.9995
1.0000
1.0020
1.0040

1.0060
.9990
.9510
.9870
.9860

May

7
14
21
28

1.0000
1.0020
,9980
.9930

.9360
.9830
..9750
.9660

1.C060
1.0080
1.G030
1.0070

1.0030
1.0040
1.0040
1.0040

.9390
.9920
.9980
1.0010

June

4
U
18
25

.9990
1.0100
1.0020
.9960

.9V10
1.00.50
.9800

1.0070
3.0060
1.0030
1.0010

1.0050
1.0050
1.0050
1.0050

.9950
.9S90
.9320
.9100

2
9
16
.
23
30

.9990
1.0/20
1.0100
1.0020
.9920

3.0020
1.0190
1.0150
.9930
.9830

1.0040
1.0080
1.0080
1.0000
1.0040

1.0050
1.0020
1.0000
1.0000
1.0000

.9830
. 9810
.9300
.9330
.9870

6
13
20
27

1.0070
I.0100
1.0030
.9920

.9950
.9590
..9920
.9750

1.0030
1.0020
1.0010
1.0000

.9990
1.0000
-99S0
.9980

.9320
.9930
,9940
.9960

Sept . 3
10
17
24

1.00GO
1.0100
1.0000
.9920

.99 30
1.0030
1.0?20
.93f.O

.9990
1.0300
.9930
.9960

.9930
. 9990
. 9930
1.0010

.9550
.9930
.99.10
.9920

Oct.

1
8
15
22
29

.5850
1.0060
1.0040
.0950
.9 260

.9900
1.03 50
1,0140
I.0C20
,9930

.9930
1.0000
. 9930
,9950
.9920

1.C020
1,0020
1.0030
1.0030
1.0030

.9960
.9970
.9930
1.0020
1.0060

><o« . 5
1?
IS
26

1.0000
1.0120
1,00*30
1.0040

1.0150
1.0090
1,0390
,9934'

.9V20
,9 l H5
, -1J20
-9940

1-0030
.7940
,9£'J0
.9860

1. .00 30
1,0020
1.005*/
1.0090

I-ec.

1.0100
i,o;-20
1.0170
1.0?40
l.OilC

l.O-lf-O
1,0?30
l.O'MQ
1 . \sl K1.3»V0

,9930
,9s-'»0
,.9;O0
.95/0c
. 9360

,9930
.98<*i0
.9910
.9970
.9980
1.0010
1.0060
1.0020
.9980
.9980
1.0070
1.0180

1980 Jan.
Feb*
y'ii*.
Apr.
Msy
Jane
July
Aug.
Sept
Oct.
Nov.
Dec.

1.0210
.9740
,3780
1,0140
.9790
,99 50
1.0030
.9910
.9930
1.00JO
1.0070
1.0290

.9950
.99^0
1.0040
1.0.100c
1.0070
1.0040
1.0060
1.0010
.5930
.9960
.9930
.9900

1.0060
1.0070
,9970
.9380
.9760

1.0650
1.0510
1.0390
1.0060
. 9300

.9900c
.9930
.9900
.9/30

_.Ve€.k.ly_
19S0 Jar*.

2
c
16
23
30

Feb.

6
13
20
2;

s

Mar.

:.2
19
26
V

Apr.

July

Aug.

3
10
37
71:
31

c—fn^ecte' ;

i.eo-io

.9?o0
. 9890
. J 390
'
.9900
. 99.10

1.0110
J.0200
1.0240
1.0340
1.02 30


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102