Full text of H.6 Money Stock Measures : July 25, 1985

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

:$&£&*-.

FEDERAL RESERVE statistical release
H6I508)
Table 1

For Release at 4 30 Eastern Time

JOLT

MONEY STOCK, LIQUID ASSETS, AND DEBT MEASURES

25, 1985

Billions of dollars
M1
Sum of currency.
travelers checks,
demand deposits and
other checkable deposits1

Date

M2
M1 plus overnight ftPs
and Eurodollars,
MMMF balances (gen. pur.
and broker/dealer), MMDAs,
and savings and small
time deposits2

M3
M2 plus
terge time deposits,
term RP», term Eurodollars
and institution-only
MMMF balances*

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors*

Seasonally adjusted
1984—JUNE
JOLT
AUG.
SEPT.
OCT.
MOV.
DEC.

547.3
546.9
548.9
551.5
548.3
553.8
558.5

2269.3
2280.2
2292.8
2308.4
2319.3
2346.3
2371.7

2838.8
2862.0
2878.8
2901.0
2925.1
2959.9
2995.0

3366.5
3402.7
3427.7
3457.0
3480.2
3508.8
3543.8

5571.0
5631.1
5690.3
5742. 1
5802.4
5878.0
5953.2

1 9 8 5 — JAN.

562.7
569.4
572.1
574.9
581.6
591.2

2398.9
2421.0
2429.2
2427.3
2444.6
2473.1

3020.5
3041.0
3055.3
3055.9
3075.7
3103.7

3568.0
3598.0
3624.1
3626.3

6019.2
6074.7
6129.6
6191.4
6251.9

FEB.
BAB.
APE.
HAT
JUIE

Not seasonally adjusted

198«*—JUNE
JULY
ACG.
SEPT.
OCT.
NOT.
DSC.
1 9 8 5 - —JAWFEB.
MAR.
APfi.
HAY
JUNE

547.9
549.9
545.0
548.5
548.2
555.9
570.4

2272.3
2285.7
2287.7
2298.8
2316.6
2344.4
2376.7

2840.3
2863.6
2874.8
2890.9
2920.6
2960.4
3002.2

3367.8
3403.3
3421.4
3445.5
3475.9
3509.2
3545.1

5547.6
5609.6
5672. 1
5729.8
5791.9
5866.1
5947.3

568.3
558,6
564.9
581.6
576.2
592.2

2404.1
2414.5
2429.4
2439.2
2440.7
2476.8

3024.3
3034.3
3057.0
3067.8
3073.6
3106.4

3573.5
3596.8
3631.5
3639.5

6011.0
6052.6
6100.8
6160.9
6223. 1

13-week average

Seasonally adjusted
4-week average

M1
For period ended

19 8 5 - JUNE

3
10

17
24
JULY

1

8 P
15 P

jiJTE:

13-week average

Not seasonally adjusted
4-week average

576.7
578.3
579.8
581.2

582.8
586.1
587.9
589.6

586.0
590.9
589.5
592.1

574.9
577.2
579.6
581.6

577.3
582.6
587.0
590.9

584.6
598.9
595.5
584.6

582.8
584.6
585.9

592.1
593.5
594.0

596.0
596.4
591.6

583.6
585.4
586.6

593.0
595.8
597.7

592.8
610. 1
603.4

SPECIAL CAUTION SHOULD BE TAKEN I I IMTERPBETIIG IEEK-TO-BEEK CHANGES I I BOIEY S0PPLI D i l i ,
HIGHLY fOLATILE AID SUBJECT TO B E f l S I O I .
P—INDICATES PBELIRINAPT DATA.
FOOTIOTES APPEAR 0 1 THE FOLLOWING PAGE




week average

IHICH ABE

H.6 (508)
Table 2

MONEY STOCK, LIQUID ASSETS AND DEBT MEASURES
fercent change at seasonally adjusted annual rates

Ml

M2

M3

Debt1

3 MONTHS PBOa BAR.

1985 TO JO HE 1985

13.4

7.2

6.3

11.7

6 HOMTHS PBOH DEC.

1984 TO JOHE 1985

11.7

8.6

7.3

12.7

12 HONTHS PBOH JOVE

1980 TO JUNE 1985

8.0

9.0

9.3

13.3

THIRTEEN WEEKS ENDING JOLY 15, 1985
PBOH THIRTEEN HEBKS ENDING:

1/

1/

IS

3/

4/
5/

APB.

15, 1985 (13 HBEKS PBEflOOS)

11.1

JAM.

14, 1985 (26 iBEKS PREVIOUS)

10.9

JULY

16, 1984 (52 WEEKS PREVIOUS)

7.6

GROBTH EATES POB DEBT ABE BAS6D 01 PEBIOOS BEGINNING AND ENDING ONE MONTH EABLIEB THAN POB THE MONETARY AGGREGATES,
NAHELY, PBBBUABY 1985 TO HAY 1985, NOVEHBER 1984 TO HAY 1985, AND HAY 1984 TO HAY 1985, RESPECTIVELY.
POOTNOTES TO TABLE 1
CONSISTS OP (1) CUBBENCY OOTSIDB THE TBEASOBY, FEDERAL RESERVE BANKS, AND THE VAULTS OP COMMERCIAL BANKS;
(2) TRAVELERS CHECKS OP NONBANK ISSUERS; (3) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHEB THAR THOSE DOE TO
DOHESTIC BANKS, THE O.S. GOVERNMENT, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEHS IN THE PBOCESS
OP COLLECTION AND FEDERAL RESERVE FLOAT; AND (4) OTHEB CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE OBDBR
OP WITHDRAWAL (NOW) AND AUTOMATIC TRANSFER SERVICE (ATS) ACCOUNTS AT DEPOSITORY INSTITUTIONS,
CREDIT ONION SHARE DRAFT ACCOUNTS AND DEHAND DEPOSITS AT THRIFT INSTITUTIONS. THE CURRENCY AND DEMAND
DEPOSIT COHPONENTS EXCLUDE THE ESTIMATED AHOUNT OP VAULT CASH AND DEHAND DEPOSITS, RESPECTIVELY, HELD BY
THRIPT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OP HI PLUS OVERNIGHT (AND CONTINUING CONTRACT) RPS ISSUED BY ALL COHHERCIAL BANKS AND OVERNIGHT EURODOLLARS
ISSUED TO U.S. RESIDENTS BY FOREIGN BRANCHES OP U.S. BANKS WORLDWIDE, HHDAS, SAVINGS AND SHALL DENOMINATION
TIME DEPOSITS (TIHE DEPOSITS—INCLUDING RETAIL RPS—IN AHOUNTS OP LESS THAN 5100,000), AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENERAL PURPOSE AND BROKER/DEALER HONEY HARKET HUTUAL FUNDS. EXCLUDES IRA AND KEOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND HONEY HARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. COMMERCIAL
BANKS, HONEY HARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOREIGN GOVERNMENTS AND COHHERCIAL BANKS, AND
THE O.S. GOVERNMENT. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTHENT THAT REPRESENTS THE ESTIMATED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIHE AND SAVINGS DEPOSITS.
CONSISTS OF H2 PLUS LARGE DENOMINATION TIHE DEPOSITS (IN AMOUNTS OF $100,000 OR MORE) AND TERH RP LIABILITIES ISSUED
BY COHMERCIAL BANKS AND THRIPT INSTITUTIONS, TERM EURODOLLARS HBLD BY U.S. RESIDENTS AT FOREIGN BBANCHES OF U.S. BANKS
WORLDWIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOH AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT
INSTITUTION-ONLY HONEY MARKET MUTUAL FUNDS. EXCLUDES AHOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. GOVERNMENT, HONEY
HARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTHENT THAT REPRESENTS
THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTION-ONLY MONEY HARKET MUTUAL PONDS.
CONSISTS OP M3 PLU THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHORT-TERM TREASURY SECURITIES, COHHERCIAL
PAPER AND BANKERS .CCBPTANCES, NET OP HONEY MARKET HUTUAL FUND HOLDINGS GP THESE ASSETS.
DEBT OF DOMESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CREDIT HARKET DEBT OP THE UNITED STATES GOVERNMENT,
STATE AND LOCAL GOVERNMENTS AND PRIVATE NONFINANCIAL SECTORS. PBIVATE DEBT CONSISTS OF CORPORATE BONDS, MORTGAGES,
CONSUMER CREDIT (INCLUDING BANK LOANS), OTHER BANK LOANS, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND OTHER DEBT
INSTRUMENTS. THE DATA ARE DERIVED FROM THE FEDERAL RESERVE BOARD#S FLOW OF FUNDS ACCOUNTS. ALL DATA ON DEBT OF DOMESTIC
NONFINANCIAL SECTORS ARE PRESENTED IN MONTH-AVER AGE FORM, DERIVED BY AVERAGING MONTH-END LEVELS OP ADJACENT MONTHS. THE
DATA HAVE ALSO BEEN ADJUSTED TO REMOVE STATISTICAL DISCONTINUITIES THAT MAY ARISE IN THE UNDERLYING FLOW OF FUNDS STATISTICS.
THE PBESENTATION OF DEBT DATA IN THIS RELEASE DIPFERS, THEREFORE, FROM THE QUARTERLY FLOW OF FUNDS STATISTICS CONTAINED IN
IN THE FEDERAL RESERVE RELEASES Z. 7 AND Z. 1. IN THOSE RELEASES, PUBLISHED LEVELS OP CREDIT HARKET DEBT ARE HEASURED ON A
A QUARTEE-END BASIS AND INCLUDE DISCONTINUITIES.




COMPONENTS OF THE MONEY STOCK
Buttons of dollars, saaaonalty adjust*)

Otto

Cwrrancy'

Tvavators
_.

. _•

CRSCM

Damand
daposlts'

Ottwr
chscfcaoi*
deposits4

InM*

oomp(XttfltS

Infttt

Saving* dspoalts7
at
at
thrift
total
cofninsfClaJ
Institutions
banks

Satactod nontranaacttona ttoma
Small tlma dapoalts*
at
at
OOfTNIMIClal
total
tfirtft
banks
institutions
371.0
463.0
634.0

LanIt tims dsposlts"
at
total
tnctft
oommsfclal
banks" taatltuttons
2*49.4
379. 5
130. 1

at

154.3

5.1

248.9

139.0

1722.0

569.4

12«.7

172. 1

300.8

JULT
AUG.
SEPT.

155.0
155.9
156.8

5.2
5.2
5.1

247.3
246.8
247.5

139.4
141.0
142.2

1733.3
1744.0

1756.9

581.8
586.0
592.6

128. 1
127.0
126. 1

171.0
169.5
168.5

299. 1
296.5
294.6

374.7
378. 8
381.7

U68.9
476.2
482.8

843.6
855.0
864.5

254.6
255.0
258.0

134.6
137.6
138.0

389.3
392.6
396.0

OCT.
NOT.
DEC.

157.1
157.9
158.7

5.0
5. 1
5.2

244.5
246.8
248.6

141.8
143.9
146.0

1771.0
1792.5
1813.2

605.ft
613.7
623.3

124.9
123.8
122.6

167.7
166.9
166.0

292.6
290.7
288.6

383. 1
384.5
387.0

489.6
494.0
498.6

872.7
878.5
885.6

263.2
263.6
264.4

141.9
147. 1
151.8

405.2
410.7
416.2

1985-JAN.
PED.
MAR.

159.*
160.5
161.3

5.3
5.3
5.4

249.1
251.7
251.9

149.0
151.8
153.6

1836.2
1851.6
1857.0

621.7
620.0
626.1

121.6
121.4
120.3

166.9
168.0
168.4

288.6
289.4
288.6

384.7
382.0
382.8

497.2
495.6
495.8

881.9
877.6
876.6

262.3
264.4
269.5

154.6
154.9
154.2

416.9
419.3
423.6

161.7
163.1
164.5

5.5
5.5
5.7

252.5
255.7
260.7

155.3
157.3
160.3

1B52.3
1863.0

628.7
168.3
119.6
631.1 : 120.4 169.0
630.6
121.9
170.3

287.8
289.4
292. 1

387.6
389.9
390.7

497.8
502.2
504.2

865.4
892.2
894.9

272.9
272.0
267.7

154.3
156.0
156.3

427.3
428.0
423.9

1934-JUNE

APR.
HAY
JURE

1882.0

VEER' ENDING
1985
JUNE

JULT

1/
2/
3/

4/

5/
6/
7/
8/
9/
10/

3
10
17
24

163.5
164.3
164.5
164.8

258.4
261.1
259.7
261.1

158.6
159.8
159.7
160.5

121.0
121.7
121.9
121.9

390.4
390.1
390.6

391.2

269.3
267.7
268.8
267.7

1
8 P
15 P

165.0
165.2
164.8

263.3
262.2
258.9

161.9
163.3
162.1

122.2
123. 1
123.1

391.1
388.9
388.7

265.3
265.6
266.0

CUBREBCY OUTSIDE TUB 0. S. TREASURY, FEDERAL RESKRTE BANKS AID TAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIHATED
AMOUNT OF TAULT CASH HELD BY THBIPT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AflOUNT OF U.S. DOLLAR-DENOHINATPD TRAVELERS CHECKS OF NONBANK ISSUERS. TRATELERS CHECKS ISSUED BT DEPOSITOBY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS AND FOREIGN RELATED INSTITUTIONS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOEEIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND FEDERAL RESEFTE FLOAT.
EXCLUDES THE ESTIMATED AMOUNT OP DEMAND DEPOSITS HELD AT COMMERCIAL BANKS BT THRIFT INSTITUTIONS TO SERTICE THKIB OCD
LIABILITIES.
CONSISTS OF HOB AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS* CREDIT UNION SHARE DRAFT BALANCES AND
DEMAND DEPOSITS AT THRIFT INSTITUTIONS. OTHPR CHECKABLE DEPOSITS SEASONALLY ADJUSTED EQUALS THE DIFFERENCE BETWEEN THE
SEASONALLY ADJUSTED SUM OF DEMAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEHANn DEPOSITS. INCLUDED ARE ALL CEILING
FRER "SUPER NOUS," AUTHORIZED BY THE DEPOSITORY INSTITUTIONS DEREGULATION COMMITTEE TO BE OFFERED BEGINNING JANUARY 5,
1983.
SUM OF OTEPNI3HT RPS AND OTERNIGHT EURODOLLARS, MONEY MARKET FU ID BALANCES (GENERAL PURPOSE AND BROKER/DEALER),
HNDAS, AND SATINGS AND SMALL TIBE DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF
DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERTICE THEIB TIME AND SATINGS DEPOSITS LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM RPS UNO TERM EURODOLLARS OF U.S. PESTDENTS, MONEY MARKET FUND BALANCES (INSTITUTIONONLY) , LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIHATED AMOUNT OF OVERNIGHT PPS AND EURODOLLARS HELD BY
INSTITUTION-ONLY MCNEY MARKET FUNDS.
SATINGS DEPOSITS EXCLUDE MUDAS.
SHALL DENOMINATION T H E DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AMOUN 5 OF LESS THAN 5100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND FFOGH ACCOUNTS AT COMMERCIAL PUNKS AND THRIFTS ARE SUBTRACTFD FROM SMALL
TIME DEPOSITS.
LARGE DENOMINATION TIME OEPOSITS ARE THOSE ISSUED IN AMOUNTS OF 5100,000 OR MORE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LAKGF DENOMINATION TIME DEPOSITS AT COMhERCIAL RANKS LE5JS THOSE H f L D BY NONFY MARKET MUTUAL FUNDS,
DEPOSITORY INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (508)
Table 4

COMPONENTS OF LIQUID ASSETS AND DEBT
Billions of dollars, seasonally adjusted

Date

Debt components4
federal debt
non-federal debt

46.5
47.7

152.0
155.5

1251.9
1261.3

4263.8
4309.6

JULY
AUG.
SEPT.

73.1
73.1
73.6

259.9
267.2
278.4

48.2
47.8
46.8

159.4
160.5
157.2

1277.9
1299.0
1311. 1

4353.2
4391.3
4431.0

OCT.
NOV.
DEC.

73.7
73.9
74. 1

279.8
274.9
271.6

44.8
42.5
41.3

156.7
157.6
161.8

1325.2
1347.2
1367.0

4477.3
4530.8
4586.2

74.4
74.9
75.3

272.7
275.0
279.5

40.8
42.5
44.3

159.6
164.8
169.8

1385. 3
1401.0
1413.5

4633.9
4673.6
4716.2

75.8

281.7

44.0

168.9

1429.0
1446.6

4762.4
4805.3

APR.
BAY P

3/
4/

commercial paper3

241.5
251.6

1985-JAN.
FEB.
BAR.

2/

Non-M3 components of L
bankers acceptances3
short-term treasury
securities1

72.7
73.0

1984-HAY
JUNE

1/

savings bonds

CONSISTS OF U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY OTHER THAN DEPOSITORY
INSTITUTIONS, PEDE&AL RESEUVE BANKS, MONET MARKET MUTUAL FUNDS AND FOREIGN ENTITIES.
NET OF CANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDERAL RESERVE BANKS, FOEEIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY HONEY MARKET MUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OF-HONTU LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.




H.6 (508)
Table 5

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted
Nontransactions components

Other checkable deposits

r

Travelers
checks2

Demand
deposits3

154.9

5. a

247.8

101.7

38* 1

139.8

JULY
AUG.
SEPT.

156.3
156.5
156.5

5.3
5.7
5.4

248.4
243.8
246. 1

101.0
100.7
101.7

>3. 4
39.2
38.8

OCT.
NOV.
DEC.

156,7
158.7
160.9

5.0
4.8
4.9

245.8
24 9. 9
257.4

101.5
103. 1
105.9

39,3
40.4

1985-JAN.
FEB.
MAR.

158.3
158.6
159.8

5.0
5.1

254.9
244.9
246.3

108.3
107.8
109.9

APR.
NAY
JUNE

161.2
163.2
165.2

5.2
5.4
6.0

255. 1
251.4
259.7

24

163.4
166. 1
165.3
164.6

1
8 P
15 P

165.0
168.7
167.1

Date

1984-JUNE

1

Currency

General
purpose and
broker/dealer
money market
funds

7

Overnight
RPs8

1724.3

568.0

43.3

12.6

148.9

139.4
138.9
140.5

1735.8
1742.7
1750.3

578.0
587.1
592.1

42.7
45, 0
»*• 1

13.6
13.5
12.6

150.5
150.6
152.1

no.e
143.4
147.2

1768.4
1788.5
1R06.2

604.0
616.0
625.5

44.7
47.9
45.2

12. 1
10.K
12.3

155.6
162.0
167.5

42.3
43.8

150, 1
150. 1
153.6

1835.9
1855.9
1864.6

620.1
619.8
627.6

48.7
56.3
55.7

14.1
13.3
12.1

171.9
175.1
177.6

114. 1
110.5
113.8

46. 0
45, 7
47,4

160.1
156.2
161.3

1*57.6
1864.5
1884.6

628.7
632.9
629.6

47.4
51.3
50.3

11.7
12.4
12.4

176.2
172.2
175.4

257. 1
262.8
261.6
254.9

112.0
115.7
114.9
112.3

46.5
48.5
47.7
46.6

158.5
164.2
162.6
158.9

57.9
48.9
50.3
49.9

12.5
12.3
11.7
12.7

172.8
174. 1
175.5
177.2

261.8
268.4
265.4

112.6
116.9
115.7

47.1
49.7
48.8

159.7
166.7
164.5

48.4
44.9
51.6

13.1

176.1
174.7
176.9

at commercial
banks4

at thrift
institutions5

;n M2

6

in M3 only "

Overnight
Eurodollars*

WEEK ENDING :
1985-JUNE

JULY

1/

2/
3/
4/
5/
6/
7/
8/
9/

3
10
17

9.6

12.4

CURRENCY OUTSIDE THE U.S. TREASURY, FEDERAL RESERVE BANKS AND THE TAULTS OF COMMERCIAL BANKS. EXCLUDES THE ESTIMATED
AMOUNT OF VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
OUTSTANDING AMOUNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF HONBABK ISSUERS. TRAVELERS CHECKS ISSUED BT DEPOSITORY
INSTITUTIONS ARE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COHMEPCIAL BANKS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVERNMENT AND FOREIGN BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R. FLOAT, LESS THE ESTIMATED AMOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BY THRIFT INSTITUTIONS TO SERVICE THEIR OCD LIABILITIES.
CONSISTS OF NOW AND ATS BALANCES AT COMMERCIAL BANKS, U.S. BRANCHES AND AGENCIES OF FOREIGN BANKS, AND EDGE ACT
CORPORATIONS. INCLUDES SUPER NOUS OF $40.0 BILLION IN THE WEEK ENDED JULY 1, $41.0 BILLION IN THE IEEK ENDED JULY 8,
AND $40.8 BILLION IN THE REEK ENDED JULY 15.
CONSISTS OF NOW AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CREDIT ONION SHARE
DRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS. INCLUDES SUPER NOWS OF $16.6 BILLION IN THE MEEK ENDED JULY 1, $17.4
BILLION IN THE WEEK ENDED JULY 8, AND £17. 1 BILLION IN THE WEEK ENDED JULY 15.
SUM OF OVERNIGHT RPS AND EURODOLLARS, HONEY MARKET FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER), MHDAS AND SAVINGS
AND SMALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OF DEMAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE
THEIR TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LARGE TIME DEPOSITS, TERM RPS AND EURODOLLARS O* U.S. RESIDENTS, HONEY MARKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY INSTITUTICN-ONLY
HONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT BPS ISSUED BY COMMERCIAL BANKS TO OTHER THAN DEPOSITORY INSTITUTIONS AND
flONP.Y MARKET M0T0.\L FUNDS (GENERAL PUF POSE AND BPOKER/DEALFR) .
ISSUED BY FOPFIGN BRANCHES OF T. S, BANK? WORLDWIDE TO U.S. RESIDENTS OTHER THAN DEPOSITORY INSTITUTIONS AND
BON^Y HARK FT MUTUAL FUNDS (GENERAL PUFPOSr; AND BROf ^P/DF^LfiP) „




H.6 (508)
Table 5-continued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted

Date

Money market deposit accounts
at
at
total
commercial
thrift
institutions
banks

at
commercial
banks

Savings deposits
at
thrift
institutions

total

Small denomination time deposits2
at
at
commercial
thrift
total
banks
institutions

Large denomination time deposits9
at
at
commercial
thrift
total
4
banks
Institutions

1984-JDNE

245.9

151.9

397.8

130.0

174.4

304. 4

367.1

457.2

824.4

248.5

129. 7

378. 2

JULY
AUG.
SEPT.

244.9
243.6
244.8

149.3
145.3
143.8

394.2
388.9
388.6

129.3
126.8
125.2

173.3
168.9
167.4

302. 6
295. 7
292. 6

372.7
379.9
384.0

466.6
475.9
483.4

839.3
855.8
867.4

253.5
256.4
259.3

134. 6
138. 7
138. 6

388. 0
395. 1
397. 9

OCT.
NOT.
DEC.

248.2
257.1
267.1

143.9
145.4
147.9

392.0
402.4
415.1

124.3
122.7
121.4

167.4
166.1
164.9

291. 7
288. 8
286. 3

386.2
387.1
387.6

493.2
497.4
499.4

879,4
884.5
887.0

264.0
263.6
265.9

143. 1
147. 6
151. 1

407. 1
411. 2
416. 9

1985-JiW.
FEB.
HAS.

280.4
289.3
294.0

153.2
159.0
163.9

433.7
448.3
457.9

121.1
120.4
120.6

165.7
166.5
168.2

286. 9
286. 9
288. 8

386.3
384.1
383.7

502.0
499.5
496.2

888.4
883.6
879.9

263.0
263.9
269.8

154. 1
154. 9
153. 3

417. 1
418. 8
423. 1

APR.
HAY
JUNE

295.9
298.2
307.3

164.4
165.4
167.6

460.3
463.7
474.9

120.9
121.7
123.2

169.3
170.2
172.7

290. 2
291. 9
295. 9

383.9
385.2
386.3

495.6
495.7
497.5

879.5
880.9
883.9

270.4
269.9
267.2

153. 4
156. 0
155. 8

423. 8
425. 9
423. 0

WEEK EWDIWG
1985
JUNE

JULY

1/
2/
3/
4/

3
10
17
24

303.0
306.1
307.7
307.9

122.4
123.3
123.2
123.0

385.8
386.1
386.4
386.5

269.0
268.4
267.8
266.2

1
8 P
15 P

309.2
311.1
312.6

123.5
124.6
124.5

386.7
387.0
386.6

265.1
264. 1
264.2

5A7IWGS DEPOSITS EXCLUDE HMDAS.
SMALL DENOMINATION TIBE DEPOSITS — INCLUDING RETAT , EPS — ARE THOSE ISSUED IH AMOUNTS OF LESS THAW $100,000. ALL
INDIVIDUAL RETIRE8ENT ACCOUNTS (IRA) AND KEOGH ACCOUNTS AT COHflERCIAL BANKS AND THRIFTS ABE SUBTRACTED FROH SHALL
TIME DEPOSITS.
LARGE DENOMINATION TIHE DEPOSITS ARE THOSE ISSUED IN AHOUNTS OF S100,000 OB HORE, EXCLUDI«ri THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IBFS).
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS THOSE HELD BY HCN2I HARKRT HUTDAL FUNDS, DEPOSITORY
INSTITUTIONS AND FOREIGN BANKS AND OFPICIAL INSTITUTIONS.




M6(508)
I9b»a 5»ccrtinued

OF THE MONEY STOCK, U4UID ASSETS AND DEBT
Billions o* dollars, not seasonally adjusted
T»an RPs1
Date

i-stltution
only mon«y
market funds

at commercial
banks

at thrift
institutions

total

^rm
Eurodollars1

Savings
bonds

Won M3 Components of L
Short-term
Bankers
treasury
acceptance*4
securities"

Components of Debt
Commercial
PWf*

Federal debt*

Non-Federal9
debt

ns.7

29.2

30.0

59.2

89.3

72.8

249. 1

47.2

158.3

1255.8

4291.8

JiJLY
AUG.
SEPT.

46. 1
46.2
46.9

28. 1
30.7
31.3

31.8
33.4
35.4

60.0
64. 1
66.6

88.3
86.5
85.6

73.0
73.3
73.5

258.0
265.9
275.5

47.5
47.7
47.2

161.2
159.8
158.4

1270.8
1295.8
1310.5

4338.8
4376.3
4419.3

OCT.
NO?.
DEC.

52.2
58.3
62.7

33.1
~*5.4
J2.5

36.1
35.3
37.3

69.3
70.7
69*7

80.6
81,9
83.2

73.8
74.0
74.4

278.1
272.1
269.0

45.1
43.3
42.6

158.3
159.4
156.9

1323.0
1343.0
1364.7

4469.0
4523.1
4582.5

1<*«5-JAN.
FEB.
WAR.

65.0
62.2
59.5

29,9
31.2
32.7

35.1
34.5
36,2

65.0
65-7
68.9

81.2
81.3
84.5

74.6
74.9
75.3

275.2
280.7
288.3

42.0
42.7
43.2

157.3
164.2
167.7

1383.1
1397.4
1412.0

4627.9
4655.4
4688.8

APR.
HAT
JUNE

59.6
63.5
67.1

35.2
33.4
33,1

36.8
35.3
34.3

71.9
68.7
67.3

80.5
81.1
78.7

75.6

284.1

42.6

169.3

1427. 1
1443.8

4733.8
4779.4

3
10
17
24

65.8
65.5
67.0
6S.2

33.6
33.3
32.7
33.4

1

67.3
64.7
64.8

32.6
33. 1
31.3

19A4-JUNE

WEEK ENDING:
1985-JUJJE

JULY

« P
15 P

TERH EPS AR2 TFOS5 ilTH ORIGINAL FATUITIES GREATER THAW ONE DAT, EXCLUDING CONTINUING CONTRACTS AND BETAIL HPS. INCLUDES
A RELATIVELY SHALL AMOUNT nr OVERNAGHV RPS AT THRIFT INSTITUTIONS.
2/ TERM EURODOLLARS ABE TPO5E 3ITH ORIGINAL MATURITIES GREATEF THAH OMB DAI. CONSISTS OP THOSE ISSUED TO U.S. RESIDENTS BY
FORSIfJM BRANCHES OF 0. S. BANKS §OHLD¥I!>F AND BT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA. EXCLUDES THOSE HELD
BY DrPOSITORI INSTITUTIONS AND HONET HA&KFT HUTCAL P3NDS.
3/ CONSISTS OF U.S. THEASUBY BILLS AND COUPONS BITH REBAIN1HG BATURITIES OF LESS THAN 12 MONTHS HELD BY OTHE1 THAN DEPOSITORY
INSTITUTIONS, FPDEfiAL RESEBfS BANKS, MONEY MARKETflUTUAl.FO«DS9 AND FOREIGN ENTITIES.
4/ NET OF BANKERS ACCEPTANCES HM.D BY ACCEPTING BANKS, FED.SAL RESBRfE BA¥KS. FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
ROMS LOAS BANK SYSTJEH AND MONEY fiARKET BUTUAi. FUNDS.
5/ TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MOWEY MARKET 8ETUAL FUNDS.
fi/ DEBT T*AT* ABE ON A MONTHLY ATERAGE BASIS, DERIVED BY ATERAvSING END-OF-HONTH LEfELS O^ ADJACENT MOUTHS, AND HAfE BEEN
APJDSTED TO REH07? DISCONTINUITIES.
1/




H.S(5(»)
Table 6

MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted
Demand deoonlts at banta due to

U.S. government deposits

IRA and Ksogh Accounts

Time and
savings
deposits
due to foreign
commercial
banks and
foreign official
institutions

demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

note balances
et commercial
banks
and thrift
institutions

total demand
deposits and
note and
FR balanced

time
and savings
deposits at
commercial
banks

foreign
commercial
banks

foreign
official
institutions

8.6

2.0

8*4

3.9

3.8

8.5

16.2

0.9

40.0

53.9

6.2

100.0

JOLT
AUG.
SEPT.

8.7
8.1
8.4

2.0
1.9
2.0

8.4
9.0
9.4

2.8
2.9
3.4

4.0
3.6
6.0

9.0
7.5
19.1

15.8
13.9
23.6

0.9
0.9
1.0

40.6
41.3
41.9

54.7
55.1
55.9

6.2
6.2
6.2

101.5
102.7
104.0

OCT.
NO?.

DEC.

8*5
8.8
8.6

1*8
2.1
2.0

9.2
9.4
9.6

2.7
2.8
3.4

4.0
3.2
3.4

8.4
7.5
9.1

15.1
13.6
16.0

1.0
1.1
1.0

42.6
43.2
43.8

56.9
57.7
59.0

6.2
6.5
6.9

105.7
107.3
109.7

1985-JAI.
FEB.
HAR.

8.5
8.3
7.5

1.9
2.1
1.8

9.2
8.9
8.7

3.7
3.1
3.6

4.0
4.3
3.8

14.9
12.7
9.2

22.5
20.1
16.6

1. 1
1.1
1.0

45.3
47.0
48.8

61.4
63.1
65.4

7.4
7.7
7.9

114.0
117.9
122.1

APB.

7.6
7.8
7.8

1.9
2.1
1.9

8.5
8.4
8.3

3.9
3.1
3.4

6.6
6.7
2.8

11.5
17.8
11.4

22.0
27.6
17.7

1.0
1.0
1.0

53.5
55.1
55.9

69. 2e
70. 5e
71.lt

8.6e
8.6e

131. 2e
134.2a
135.8e

7.6
8.2
7.4
7.7

1.9
1.8
2.2
1.9

8.3
8.4
8.3
8.3

2.8
3.0
4.7
3.5

2.7
2.3
2.0
3.7

9.8
5.4
4.7

1.0

17.3

15.2
10.8
11.3
24.5

3.5
5.3
3.4

20.3
21.2
18.0

26.6
30.7
24.3

1.0
1.0

Date

1984-JOIE

HAT
JURE
SEEK
1985
JOWE

JOLT

BUDIIG

3
10
17
24
1
8 P
15 P




7.9
7.3
8.3

1.8
1.9
1.9

8.3
8.2
8.3

2.9
4.2
2.9

•u
1.0
1.0

1.0

commercial
banks

thrift
institutions

money
market
mutual funds

8.5©

total