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FEDERAL

RESERVE

statistical
H.6

release
For immediate release
June 25, 1970

The seasonally adjusted money supply has changed little on balance since
early May, The average level for the three weeks ending June 17 is estimated at
$203.7 billion, about $300 million below the May average and about $400 million above
the Aprxl average
Total time and savings deposits continued to increase m the latest
week at a reduced rate, and at mid-June these deposits were about $ 1 0 billion above
the average for the month of May.
MONEY SUPPLY AND TIME DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

I

Money Supply

Perxod
—_^

,

_

—,,.

.._ - - r.,..ir

..,,,

,

Demand d e p o s i t

Currency
component

Total
„

Time d e p o s i t s
adjusted
(All commercial
banks)

component

1969—May
June
July
August
September
October
November
December

198 3
199.0
199 3
199 0
199.0
199.1
199,3
199 6

44
44
45
45
45
45
45
45

5
8
0
3
2
6
9
9

153
154
154
153
153
153
153
153

8
2
4
8
7
6
4
7

201 7
20CV8
197 7
194 5
194 1
193 5
193 4
194 1

1970—January
February
March
April
May p

201 1
199 3
201.5
203.3
204-0

46
46
46
47
47

1
4
7
0
6

155
153
154
156
156

0
0
8
2
4

192
192
194
197
199

1
0
3
9
6

203
203
205
203

47
47
47
47

5
6
6
6

156
155
157
156

4
9
5
2

199
199
199
f99

1
2
7
9

TT

eek e n d i n g
1970--May
6
13
20
27
June

3 p
10 p
17 P

Average of l a s t 4 weeks
p - Preliminary
r - Revised




9
5
1
8

203 8

156 4
155 6
156 0

47 6
47 7
47 8

204 0
203 4
203 8
1

47 7

;

156 1

200 1
200 5
200 6

1

200 3

DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages of daily figures, m

billions of dollars

Not seasonally adjusted )

I

Related d e p o s i t s
( A l l commercial banks)
USGov't
Demand d e p o s i t |
Time
component
adjusted
demand

Money Supply
Penod

Currency
component

Total

202
201
197
195
194
193
192
192

2
0
7
5
3
7
6
4

196 9- -May
June
July
August
September
October
November
December

194
197
197
195
197
199
201
206

4
0
8
9
6
3
0
0

44
44
45
45
45
45
46
46

2
7
2
4
2
6
4
9

150 3
152- 3
152 7
150 5
152 4
153.7
154 7
159 1

1970- - J a n u a r y
February
March
April
May p

207 1
197 8
199 7
204.2
200 1

46
45
46
46
47

1
9
3
6
2

161
151
153
157
152

1
9
4
6
8

191 7
192.0
194 9
198.3
200 0

2,02
200
199
197

47
47
47
47

2
4
2
0

155
153
152
150

6
1
4
6

199
199
200
200

k e e k ending
6
1970- -May
13
20
27
J une

3 p
10 p
17 p

p - Preliminary
NOTE

:

9
5
7
6

200 8
201 6
203 3

47 5
48 0
47 8

!

i

153 3
153 6
155 5

j

1

;
!
1
1
j
|

|

9 2
6 0
5 6
4 3
5.3
4.2
5.1
5.5
4.7
7.1
6.9
5.3
6.4

3
6
1
3

!

7.2
5 4
6 3
7 4

200 7
200 9
200 8

j

5 1
4.2
5 3

r - Revised

Money supply consists of (1) demand deposits at all commercial banks, other than
those due to domestic commercial banks and the U S Government, less cash ?items
in process of collection and Federal Reserve float, (2) foreign demand balances at
Federal Reserve Banks, and (3) currency outsxde the Treasury, the Federal Reserve
and the vaults of all commercial banks
Time deposits adjusted are time deposits
at all commercial banks other than those due to domestic commercial banks and the
U S Government