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FEDERAL RESERVE statistical release
H.6 (508)

For immediate release
June 26, 1981
Benchmark

The money stock and related series have been benchmarked to incorporate
data from recent call reports and other sources.

In addition, travelers checks

of nonbank issuers, not previously included in the series because of lack of
data availability, have been added to the historical series for Ml-A and the
broader aggregates.

This represents an adjustment to levels that affects growth

rates only minimally.
Commercial bank deposits data have been benchmarked to the June,
September and December 1980 call reports.

Moreover, daily deposits data for

foreign-related institutions — specifically, U.S. agencies and branches of foreign
banks and Edge Act Corporations--and for other checkable deposits at thrift
institutions have been incorporated.

Such data have been reported since November

1980 as a consequence of the Monetary Control Act of 1980 (MCA).

Daily deposits

data of nonmember commercial banks with deposits greater than $15 million had
been incorporated at the time of the last benchmark in January 1981.
The current benchmark also incorporates new deposits data for
institutions with total deposits between $2 and $15 million as of December 1979
These institutions report such data for one week each quarter, based on a
staggered schedule under which one-third of all such institutions reports each
month.




All of these smaller institutions reported in January 1981 and since

-2-

that time a third reported in March, another third in April, and the remaining
third in May,
The benchmark has lowered the level of demand deposits.

Revisions

for late 1979 and 1980--which at a maximum lowered monthly levels by $1 billion
or about 1/4 percent of Ml-B—mainly reflect changes in demand deposit levels
of foreign-related institutions and nonmember commercial banks.

Much larger

downward revisions to demand deposits for the first five months of 1931 reflect
new reports of quarterly reporting banks.
The other checkable deposit (OCD) component of Ml-B has been raised.
The bulk of revisions prior to 1981 reflects more comprehensive definitions and detail on OCD balances of thrift institutions collected
on MCA-related deposit reports.
the beginning of the series.

These changes affect historical data back to

Since early 1981, the OCD series has been revised

further upward, as an increase in OCD at quarterly reporting commercial banks
more than offset a downward revision to NOW accounts at S&Ls.
Relatively minor downward revisions have been made to savings and small
denomination time deposits.

More substantial upward revisions have been made

to the large time deposit series—especially in late 1980 and the first five
months of 1981—which reflect primarily new daily deposit data on large time
deposits at foreign-related institutions.

Also, recently available MCA-related

data on inter-institutional holdings of demand deposits have led to revisions
in the Ml-B and M-2 consolidation components.
The level of the narrow money stock has been raised by the inclusion
of travelers checks.




Revisions to growth rates for the narrow money stock—

-3which have been greatest in early 1981—primarily reflect other adjustments.
Ml-B growth in January and February has been lowered while in April it has
been raised. Quarterly average growth in shift-adjusted Ml-B in the first
quarter of 1981 has been reduced by nearly 2 percentage points, to minus 3/4
percent at an annual rate and growth from the fourth quarter of 1980 to
May 1981 has been lowered by 3/4 percentage point. The effects of the benchmark on M-2 growth in 1981 have been quite small.

Growth in M-3 has been raised,

by nearly 1/2 percentage point, expressed annually, in the first quarter of
1981 and by 3/4 percentage point for the period from the fourth quarter of
1980 to May 1981. Benchmark revisions also have raised the level of the
broad measure of liquid assets, L.
Revised historical data for the past four years on a monthly basis
and for the past two years on a weekly basis are attached; in addition,
projected 1981 seasonal factors for the new travelers check component are
attached. Back data for the period prior to 1977 are available on request.




FEDERAL RESERVE statistical release
For immediate Release
H.6 (508)

JUNE 2 6 , 1981

Table 1

MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally adjusted unless otherwise noted
M1-B
M1-A

Currency plus
demand
deposits
plus travelers
checks1

Date

M1-A plus
other
checkable
deposits
(OCD) 2

M1-B
Shift adjusted

Addenda:

M1-B less
shifts to OCD
from
non-demand
deposit
sources3

Overnight RPs
at commercial Money market
mutual fund
banks plus
shares
overnight
Eurodollars4

M2

NSA

NSA

M3

M1-B plus
overnight RPs
and
M2 plus large
Eurodollars,
time deposits
MMMF shares, and term RPs6
and savings
and small
time deposits5

L

M3 plus other
liquid assets'

370.4
373.6

391.3
394.9

23.4
25.2

66.8
74.2

1568.2
1589..3

1832.8
1851.9

2231.5
2246.0

JULY
AUG.
SEP1.

376.6
382.8
386.4

399.3
406.9
411.8

29.6
31.7
33.0

80.6
80.7
78.2

1614.0
1633.4
1644.9

1872.9
1896.7
1911.9

2263.7
2290.5
2308.1

OCT.
MOV.
DEC.

390.1
391.3
387.7

416.3
419.1
415.6

32.7
32.8
32.4

77.4
77.0
75.8

1654.0
1668.5
1669.4

1927.5
1950.7
1963.5

2325.6
2356.2
2377.4

1981-JAN.
FEB.
MAR.

375.1
367.2
365.8

419.2
421.2
425.8

415.5
415.0
418.0

32.7
31.9
33.2

80.7
92.4
105.6

1680.8
1695.7
1718.4

1988.3
2007.9
2025.9

2408.1
2431.2
2442.3

APR.
HAY

366.6
364.9

433.7
431.5

423.9
422.1

34.0
38.5

117.1
118.1

1737.8
1743.7

2044.3
2059.8

368.5
365.9
364.8
364.3

435.6
432.4
430.9
430.8

40.3
36.5
37.5
39.1

118.3
118.1
117.9
1t7.8

362.1
361.6
362.0

428.3
429.2
429.0

39.9
39.4
40.3

118.4
120.0
121.4

1980-MAY
JUNE

WEEK ENDING:

1981-HAY

6
13

20
27
JUNE 3
10 P
17 P

1/

INCLUDES (1) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHEfi THAN THOSE DUE TO DOMESTIC BANKS, THE U.S.
GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEMS IN THE P1OCESS OF COLLECTION AND
F.R. FLOAT; (2) CURRENCY OUTSIDE THE TREASURY, F.R. BANKS AND SHE VAULTS OF COMMERCIAL BANKS; AND
(3) OUTSTANDING TRAVELERS CHECKS OF NONBANK ISSUERS.
2/ NOM AND A1S ACCOUNTS AT BANKS AND THRIFT INSTITUTIONS, CREDIT UNION SHARE DRAFT ACCOUNTS AND DEMAND
DEPOSITS AT MUTUAL SAVINGS BANKS.
i
3/ M1-B SHIFT ADJUSTED ABSTRACTS FROM SHIFTS IN 1981 INTO OCD FROM SOURCES OTHER THAN DEMAND DEPOSITS. THE
PORTION OF NOT SEASONALLY ADJUSTED OCD FLOWS ASSOCIATED WITH SAVINGS AND OTHEfi NON-DEMAND DEPOSIT S H U T S
IN MAY IS ASSUMED TO BE 27.5 PERCENT. FOR DETAILS OF THE ADJUSTMENT PROCEDURE, SEE THE SUPPLEMENTARY NOTE
ON SHIFT ADJUSTMEN1 CONTAINED IN H.6 RELEASE DATED WAY 29, 1981. FROM THE FOURTH QUARTER OF 1980 10 HAY*
1981 GROWTH IN SHIF1 ADJUSTED M1-3 WAS 2.k PEfiCENl.
4/ OVERNIGHT (AND CONTINUING CONTRACT) RPS ARE THOSE ISSUED BY COMMERCIAL BANKS 10 1HE NONBANK PUBLIC, AND
OVERNIGHT EURODOLLARS ARE THOSE ISSUED BY CARIBBEAN BRANCHES Of MEMBER BANKS TO U.S. NONBANK CUSTOMERS.
5/ INCLUDES SAVINGS AND SMALL DENOMINATION 1IME DEPOSITS (TIME DEPOSITS IN AMOUN1S OF LESS THAN $ 100,000)
ISSUED BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS. M2 WILL DIFFER FROM THE SUM OF COMPONENTS PRESENTED
IN SUBSEQUENT TABLES BY A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE AMOUNT OF DEMAND DEPOSITS HELD BY
THRIFT INSTITUTIONS AT COMMERCIAL BANKS.
6/ INCLUDES LARGE DENOMINATION TIME DEPOSITS ISSUED BY COMMERCIAL BANKS AND THRIFT INSTITUTIONS IN AMOUNTS Of
$100,000 OR hORE, LESS HOLDINGS OF DOMESTIC BANKS, THRIFT INSTITUTIONS, 2HE U.S. GOVERNMENT, MONEY MARKET
MUTUAL FUNDS AND FOBEIGN BANKS AND OFFICIAL INSTITUTIONS.
7/ OTHER LIQUID ASSETS INCLUDE THE NONBANK PUBLIC'S HOLDINGS OF U.S. SAVINGS BONDS, SHOB1-1EEM TREASURY
SECURITIES, COMMERCIAL PAPER, BANKERS ACCEPTANCES AND TERM EURODOLLARS NET OF MONEY MARKE1 MUTUAL FUND
HOLDINGS OF THESE ASSETS.
NOTE- P INDICATES PRELIMINARY DATA. SPECIAL CAUTION SHOULD BE TAKEN IN INTERPRETING WEEK-TO-WfcEK CHANGES IN
MONEY SUPPLY DATA, WHICH ARE OFTEN HIGHLY VOLATILE AND SUBJECT TO REVISION IN SUBSEQUENT WEEKS AND
MONTHS. PRELIMINARY DATA ARE SUBJECT TO WEEKLY REVISIONS UNIII THEY ARE FINAL.



H.6 (508)

MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, not seasonally adjustpd

Date

Ml-A

M1-B

M1 B
Shift adjusted

Currency plus
demand
deposits
plus travelers
checksi

M1-Aplus
other
checkable
deposits
(OCD) 2

M1-B less
shifts to OCD
from
non-demand
deposit
sources**

Addenda:

Overnight RPs
at commercial
banks plus
overnight
Eurodollars^

Money market
mutual fund
shares

NSA

NSA

M2

M3

L

M1-Bplus
overnight RPs
and
Eurodollars,
MMMF shares,
and savings
and small
time deposits^

M2 plus large
time deposits
and term RPs6

M3 plus other
liquid assets7

364.6
372-7

384.7
394.3

23.4
25.2

66.8
74.2

1562.6
1591.3

1826.4
1849.5

2229.4
2245.3

JULY
AUG.
SEPT.

378.7
381.1
386.6

401.8
405.4
412.3

29.6
31.7
33.0

80.6
80.7
78.2

1619.4
1630.7
1643.3

1874.9
1891.9
1908.7

2264.1
2284.8
2303.9

OCT.
NOV.
DEC.

391.7
394.1
397.7

418.4
421.9
425.9

32.7
32.8
32-4

77,. 4
77.0
75.8

1657.5
1666.9
1675.2

1930.5
1951.7
1974.0

2326.5
2354.1
2384.0

1981-JAN.
FEB.
MAR.

378.9
358.7
358.9

423.5
411.5
417.8

419.8
405.3
410.1

32.7
31.9
33.2

80.7
92.4
105.6

V683.6
1685.1
1713.3

1993.9
1999.8
2023.5

2411.0
2424,3
2443. 1

APR.
MAY

369.5
359.4

436.7
424.4

426.9
415.1

34.0
38.5

117.1
118.1

1745.4
1737.7

2050.8
2052.9

366.3
361.8
359.0
354.0

432.3
427.1
423.5
418.0

40.3
36.5
37.5
39.1

118.3
118.1
117.9
117.8

359.0
363.1
364.4

425.0
430.8
432.0

39.9
39.4
40.3

118.4
120.0
121.4

1980-MAY
JUNE

WEEK E N D I N G :

1981-MAY

6
13
20
27

JUNE 3
10 P
17 P

NOTE:

SEE TABLE 1 FOR FOOTNOTES.




H.6 (508)
Table 2

MONEY STOCK MEASURES AND LIQUID ASSETS
Percent change at seasonally adjusted annual rates
M1-A
Currency plus
demand
deposits
plus travelers
checksi

Date

MAY

M1-B

MI-Aplus
other checkable
deposits at banks
and thrift
institutions 2

M3
M2 plus large
time deposits
and term RPs at
commercial banks
and thrift
institutions 6

FROM:

FEB.

1981

(3

NOV.

1980

(to MONTHS

MAY

1980

( 1 2 MONTHS

MON1HS PREVIOUS)
PREVIOUS)

FOUR WEEKS E N D I N G :
JUNE
FROM FOUR WEEKS E N D I N G :

PREVIOUS)

10,

-2.5

9.8

11.3

10.3

-13.5

5.9

9.0

11.2

-1.5

10.3

11.2

12.4

-4.2

5.9

1981

MAR.

11,

1981

( 1 3 WEEKS PREVIOUS)

DEC.

10,

1980

{26

WEEKS PREVIOUS)

-14.2

5.3

JUNE

11,

1980

(52

WEEKS PREVIOUS)

-2.3

9.4

NOTE:

M2
M1-Bplus
overnight RPs
and Eurodollars,
MMMF shares, and
savings and small
time deposits at
commercial banks
and thrift
institutions 5

SEE TABLE 1 FOR FOOTNOTES.




H.6 (508)
Table 3

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally adjusted unless otherwise noted
,
Currency1

Date

Demand
deposits2

Travelers
checks3

Other
checkable
deposits4

Overnight
RPs
(net)*

Overnight
Euro*
dollars6

NSA

NSA

Savings deposits
at
at
thrift
commercial
institutions
banks

total

Small denomination time deposits8
at
at
total
thrift
commercial
institutions
banks

66.8
74.2

176.9
180.5

200.8
204.1

377.7
384.6

273.7
273.4

439.3
440.8

712-9
714.1

80.6
80.7
78.2

185.5
189.0
190.1

210.3
215.6
217.9

39S-9
404.6
407.9

273.0
273.5
275.2

439.7
440. 1
442,. 9

712,6
713.6
718.1

4.4
4.7
4.5

77.4
77.0
75.8

190.3
191.4
185.1

217.5
214.7
207.9

407.8
406.1
393.0

277.8
284.7
292,4

446.3
453-3
464.4

724.0
738.0
756.8

27.5
27.0
28.7

5.2
4.9
4.5

80.7
92.4
105.6

177.2
173.9
172.4

199.8
197.0
196.0

376.9
370.8
368.3

302.4
306.5
310.7

473.3
47,6.9
478.7

775.7
783.3
789.4

67.3
66.9

29.3
32.4

4.7
6.1

117-1
118.1

172.0
169.7

195.0
191.3

367.0
361.0

312.1
316.2

477.9
482.5

790.0
798.6

244.6
242.1
240.8
239.7

67.4
66.7
66.4
66.7

33.8
31.4
31.5
3.2.5

6.5
5.1
6.0
6.6

118.3
118.1
117.9
117.8

171.6
170.6
169.1
168.2

312.9
314.6
316.7
318.2

238.6
237.7
237.9

66.5
67.9
67.2

33.8
34.0
34.3

6.1
5.4
6.1

118.4
120.0
121.4

167.3
166.8
166-1

320.1
321.6
321.9

110.4
111.1

256.1
258.7

3.8
3.8

21.0
21.4

20.6
22.3

2.8
3.0

JULY
AUG.
SEPT.

112.1
113.4
113.8

260.7
265.4
268.6

3.8
3.9
4.0

22-8
24.2
25.5

26.0
27.9
29.3

3.6
3.8
3.7

0C1.
ilOV.
DEC.

114.9
115.7
116.1

271.2
271.6
267.4

4.0
4.1
4.2

26.3
27.9
28.1

28.3
28.1
27.9

1961-JAN.
FEB.
NAB.

116.6
117.2
117.9

254.4
245.8
243.5

4.2
4.2
4,4

44.3
54.3
60.2

APR.
MAY

118.9
119.8

243.1
240.7

4.6
4.4

6
13
20
27

119.4
119.4
119.6
120.3

3
10 P
17 P

119.1
119.6
119.9

1980-MAY
JUNE

Money
market
mutual
funds7
NSA

.

WEEK ENDING:

1981-MAZ

JUNE

1/
2/
3/
4/
5/
6/
7/
3/




c u * * r N c y OUT S U E THF U . S . T K F A S U R / ,
F . * . B A N K S A N D V A U L T S r«pC H M M F ^ C U L A
S
.
Th>
DEMAND DEPOSITS AT C0*MF-*CIAL BANKS AN.J FOREIGN «ELA1E3 INSTITUTIONS 1TM> H T H A \ THOSF f.MIF TD rX^fMtNT AMD FORfcIGN BANKS AND O F F I C I A L INSTITUTIONS LKSS CA*H IT:.-MS I N THF P R b C r V OF COLfrtTiO.N AMD F . * U K L O A T
OUTSTANDING AMJuN r Or U . S . D'JLLAR-D&N'ifllNATED TR*VeL£RS CHfcCvS OF NONSANK I S S U E S .
INCLUDES ATS AND N'lti 3 A L A M C E S AT M.L 1 N S T I T J T I ) N S , CR6OIT viNlON 3H^R- 'JKAF1 ciALANC r S AND OHMAN0 O c^>OSITS AT
8ANKS,
GTMER CH^:CKARLF u ^ O S I T S ^FASONALLY AOJJSThD EQUALS M l - 3 S^AS^ALLY ADJUSTED L r SS Ml-A SC A S G N A L L Y Ati JJsTcO
1*1 OF A.MHM .NTS
INCLUDES OVERNIGHT AND CONTINUING CONTRACT <?S ISSUED TO THE NONHA^K » U 6 L I C bY
MARKET MUTUAL FUNOS,
ISSUED BY CARlKBf?AN BRANCHfcS OF U . S . MEMdtR BANKS TO U . S . NnNBANk CUSTOMERS*
TOTAL MONEY MARKET MUTUAL FUND SHARES OUTSTANDING.
SMALL JENOMINATION TIME tiE°OSITS ARE THOSE ISSUED I N AMOUNTS Oh LESS THAN
%IO2,JOO.

H.6 (506)
Table 3-continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Billions of dollars, seasonally adi usted unless otlnerwise noted
Large denomination time deposits1
at thrift
at commercial
Date
banks2
institutions
total

at commercial
banks

Term RPs3
at thrift
institutions

total

Term
Eurodollars
(net)4

NSA

NSA

NSA

NSA

Savings
bonds

Short-term
Treasury
securities5

Commercial
Bankers
paper7
acceptances^

199.4
196.4

36.5
37.0

235.9
233.3

22.3
22.9

6.4
6.4

28.7
29.3

50,2
48.9

74.2
73,7

148.6
145.1

29.2
29.6

96.5
96.7

JULY
AUG.
SEPT.

190.8
191.4
194.1

37.4
38.2
39.2

228.2
229.6
233.4

24.2
27.2
26.4

6.5
6.6
7.2

30.7
33.8
33.6

48.3
48.3
45.1

73.5
73.2
73.0

143. 5
146.6
149,9

29.3
28.8
29.7

96.2
96.8
98.5

OCX.
NOV.
DEC.

196.8
202.8
212.5

41.0
42.6
44.2

237.7
245.4
256-8

27.9
28.7
28-9

7.8
8.1
8.4

35.7
36.8
37.3

45,2
46.3
48.4

72.8
72.6
72.3

150.6
155.5
160.5

30.6
31.3
32,5

98.9
99.8
100,2

1981-JAN.
FEB.
MAR.

222.5
227.3
224.3

45.5
46.6
46.7

268.0
273.9
271.0

31.0
30.3
28.3

8.4

8. 1
8.2

39-4
38.3
36.5

50.2
51.0
50.7

71.9
71.1
70.7

165-5
169,. 8
164.4

33.0
32.0
33.0

99.2
99.'*
97.6

APR.

222.6
230.9

46.9
47.7

269.5
278.6

28.3
28.3

8.8
9.2

37.0
37.5

1980-MAY
JUNE

MAY

WEEK ENDING:
1981-MAY

JUNE

1/
2/
3/
4/
5/
6/
7/

13
20
27

224.3
229.4
231.3
233.5

26.6
28.0
28.8
29.0

3
10 P
17 P

237.9
237.9
238.2

29.4
30.3
30.0

6

LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AdOUNTS OF $100,000 OR MORELARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT INSTITUTIONS.
TERM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY AND EXCLUDE CONTINUING CONTRACTS.
TERM EUBODOLLARS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY NET OF TERM EURODOXLAES HEID BY MONEY MARKET MUTUAL
FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY THE NONBANK PUBLIC LESS SUCH
SECURITIES HELD BY MONEY MARKET MUTUAL FUNDS.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F.R. BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (506)
Table 3A

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS

Date

Currency1

at member
banks2

Demand deposits
at foreignrelated
at domestic
banking
nonmember
offices
banks3
in the U.S.4

Other checkable deposits

total

Travelers
checks5

at
commercial
banks6

at thrift
institutions7

total

Overnight
RPs (net) 8

Overnight Money market
Eurodollars0 mutual funds10

109.9
111.1

161.3
166.0

84. 1
86.0

5.6
5.6

251.0
257.6

3.7
4.0

14.1
15.4

6-0
6-3

20.2
21.7

20.6
22.3

2.8
3.0

J56-8

JULY
AUG.
SEPT.

112.7
113.7
113.7

167.9
169.1
173.0

87.6
88.1
89.8

6.2
5.8
5.8

261.7
263.0
268.6

4.3
4.4
4.3

16-6
17.7
18.7

6.5
6.8
7.1

23.2
24.4
25.9

26,.O
2 7.9
29.3

3.6
3.8
3-7

80. o
80.7
78.2

OCT.
NOV.
DEC.

114-9
116.7
118.4

175.6
175.4
177.0

91.5
92.8
93.0

5.7
5.3
5.4

272.8
273.5
275.4

4.1
3.9
3.9

19.6
20.5
20.9

7.3
7.5
7.4

26.8
28.0
28.3

28-3
28.1
27.9

4.4
4.7
4.5

77.4
77.0
75.8

1981-JAN.
FEB.
MAR.

115.7
115.8
116.8

165.9
151.0
150.6

88.0
82.8
82.1

5.4
5. 1
5.2

259.2
238.9
237.9

4.0
4.0
4.2

35.7
42-9
4 8.0

9-1
10.1
1U1

44.8
53.0
59.2

27.5
27.0

2a.7

5.. 2
4-9
4.-5

80.7
92.4
105-6

APR.
MAY

118.4
119.3

156.2
148.0

85.7
82.8

4.8
5. 1

246.8
235.9

4.3
4.2

54-9
52.5

12.6
12.8

67-5
65.3

29,-3
32.4

4.7
6-1

117.1
118.. 1

152.4
149.3
148.5
145.0

85.1
83.6
82.2
80.7

5.1
5.0
5.1
4.9

242.6
237.9
235.8
230.6

53.2
52.8
52.2
51.8

13.1
12.8
12.6
12.4

66.3
65.6
64.8
64.2

33.8

27

11S.4
119.6
119.0
119.1

31-4
31-5
32.5

6.5
5-1
6.0
6.6

118.3
118. 1
117.9
117.8

3
10 P
17 P

118.8
120.8
120.1

147.4
149.1

83.0
83.4
83.7

5.4
5o4

235.8
237.9
239.8

53.1
54.5
54*9

13.1
13.5
13.1

66.3
68.0
68-0

33.8
34.0
34-3

6.1
5.4
6.1

116. 4
120.0
121. 4

1980-MAY
JUNE

74.2

WEEK ENDING:

1981-MAY

JUNE

1/
2/
3/
4/
5/
6/
7/
8/
9/
10/

6
13
20

151.0

5.1

CURRENCY OUTSIDE THE U.S. TREASURY, F.R. BANKS AND THE VAULTS OF COMMERCIAL BANKS.
DEMAND DEPOSITS OTHER THAN THOSE DUF TO DOMESTIC BANKS, TK£ lJmS. GOVERNMENT AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS i> 1->S
CASH IT^MS IN THF PROCESS OF COLLECTION AND F.R. FLOAT AT MEMBER RANKS OF THE FEDERAL RESERVE SYSTEM.
DEMAND DEPOSITS OTHER THAN THOSE DUE TO DOMESTIC BANKS, THE U.S. GOVfcRNMFNT AND FOREIGN BANKS ANH OFFICIAL INSTit'JTIQf^ u . c „
CASH ITtMS IN THE PROCESS OF COLLECTION AT NONMEMBER BANKS.
DEPOSITS AS DESCRIBED IN FOOTNOTE 3 AT AGENCIES AND BRANCHES OF FOREIGN BANKS, EDGE ACT CORPORATIONS AND FOREIGN INV-ST*-«T
COMPANIES.
OUTSTANDING AMOJNT OF U.S. DOLLAR-DENOMINATED TRAVELERS CHECKS OF NHMSA^K ISSUERS.
NOW AND ATS ACCOUNTS AT BANKS.
NOW ACCOUMTi AT THRIFT IMSTITUTIONS, CREDIT UNION SHARE DRAFT BALANCiS AND DEMANO DFPOSITS AT MUTUAL SAVING* dANKS.
INCLUDES OVERNIGHT *NO CONTINUING CONTRACT RPS ISSUED T O THE NONBANK PUBLIC BY COMMERCIAL BANKS NET OF AMOUNTS hELO «3Y Ji'**Y
MARKET MUTUAL FUNDS.
•
' ~ *
iSSUEiJ ^Y CARIBBEAN BRANCHES OF U.S. MEMBER BANKS TO U.S. NONBANK CUSTOMERS.
TOTAL M>NtY MARKET MUTUAL FUND SHARES OUTSTANDING.




H.6 (508)
Table 3A-continued

COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
Savings deposits
at commercial
banks

Date

at savings
and loans

at mutual
savings banks

at
credit unions

total

at commercial
banks

Small denomination time deposits'1
at savings
at
at mutual
and loans
credit unions
savings banks

total

176.6
181.0

104.6
108.1

53.0
54.1

42.2
43.2

376.4
386.3

275.3
274.7

341.7
341.7

86.-2

86.3

12.0
12-4

715.2
715. 1

JULY
AUG.
SEPT.

187.2
190.3
191.0

112.7
115.8
117.5

55.6
56. 4
56.8

44.9

45.5
46.0

400.3
408.0
411.4

272.7
272.1

273.8

340.2
338.5
339.8

86.0
85.8
86.2

12.2
12.6
12.7

711.1
709.0
712.5

GCT.
NOV.
DEC.

192.2
190.7
183.7

117.0
113.8
108.9

56.5
55.2
53.4

46.2
45.3
44.2

411.9
405.0
390.2

277.2
28 2.7
290.7

343-7
349. 1
358.0

87. 2
88-6
91.2

13.1
14.1
15.5

721.2
734.6
755.2

1981-JAN.
FEB.
NAB.

176.3
171.9
171.3

103.3

101.0
101.7

51.7
50.7
50.8

42.9
42.0
41.9

374.2
365.6
365.7

301.8
308.3
312.5

365.3
367.9
369.3

93.3
94. 1
94.7

16.5
17.4
18.3

776..9
787-7
794.8

APR.
MAY

172.2
169.2

101.7
99.6

50.8
49.8

41.7
41.1

366.4
359.6

313-3
318.1

368.5
368.6

94.5
94.9

16-9
19.6

795.2
801.1

1980-MAY
JUNE

WEEK ENDING:

1981-MAY

6

13
20
27'
JUNE

1/

3
1G P
17 P

168.0

314.8
316.6
318.5
320.0

167.4
167.a
166.7

322.0
323.6
323.7

170.7
170.1
169.0

•

SMALL DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $100,000.




H.6 (508)
Table 3A-continued

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

Date

Large denomination time depo sits!
at
at mutual
savings
total
at savings
commercial
banks2
banks
and loans

Term RPs3
at
commercial
banks

at thrift
institutions

total

Term
Eurodollars
(net)4

Savings
bonds

Short-term
Treasury
securities5

j Bankers
Commercial
acceptances^
paper7

198.6
191.7

32.8
33.5

3.6
3.7

235.0
228.9

22.9

6.4
6.4

28.7
29.3

50.2
48.9

73.9
73.5

152.5
146.7

29.0
29.4

97-4
97.3

JULY
AUG.
SEPT.

186.8
188.5
191.8

34.1
35.0
35.9

3.8
4.0
4.1

224.8
227.4
231.8

24.2
27.2
26.4

6.5
6.6
7.2

30-7
33,8
33.6

48.3
48.3
45.1

73.3
73.2
73.1

142.7
146.9
150.2

28-8
2 8.. 6
30.0

96.2
95.6
S6.8

OCT.
NOV.
DEC.

196.0

205.6
217.8

37.1
38.0
39.1

4.2
4.4
4.5

237.4
248.0
261.4

27,9
28.7
28.9

7.8
8.1

8,. 4

35.7
36.8
37.3

45.2
46.3
48.4

73.0
72.9
72.7

149.0
151-6
157.5

30.6
31,3
31.4

98.1
100.3
100-0

1981-JAN.
FEB.
MAR.

225.8
230.5
227.7

40.4
41.1
41.3

4.6
4.7
4.7

270.8
276.3
273.8

31.0
30.3
28.3

8.4
8.1
8.2

39.4
38.3
36.5

50.2
51.0
50.7

71.9
71.1
70.6

163.5
168.8
166.2

32.1
33-3
33.9

99.3
100.4
98.2

APR.
MAY

221.9
230.0

41.6
42.7

4.8
5.0

268.3
277.7

28.3
28.3

8.8
9.2

37.0
37.5

1980-MAY
JUNE

WEEK

ENDING:

1981-MAY

JUNE

1/
2/
3/
4/
5/
6/
7/

22.-3

6
13
20
27

223. 1
228.6
230.8
233.2

26.6
28.0
28.8
29.0

3
10 P
17 P

235.1
232.8
231.9

29-4
30.3
30.0

LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR MORE.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL BANKS LESS LARGE TIME HELD BY MONEY MARKET MUTUAL FUNDS AND THRIFT
INSTITUTIONS.
TEBM RPS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY AND EXCLUDE CONTINUING CONTRACTS.
TERM EURODOLLARS ARE THOSE WITH ORIGINAL MATURITY GREATER THAN ONE DAY NET OF TERM EURODOLLARS HELD BY MONEY MARKET MUTUAL
FUNDS.
INCLUDES U.S. TREASURY BILLS AND COUPONS WITH REMAINING MATURITY OF LESS THAN 18 MONTHS HELD BY THE NONBANK PUBLIC LEbS SUCH
SECURITIES HELD BY MONEY MARKET MUTUAL FUNDS.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, F.R. BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL HOME LOAN BANK
SYSTEM, AND MONEY MARKET MUTUAL FUNDS.
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY MONEY MARKET MUTUAL FUNDS.




H.6 (508)
Table 4

MEMORANDA ITEMS
Billions of dollars, rlot seasonally adjusted
Demand deposits at banks due to
foreign commercial
banks

Date

1*8J-MAi
JUNE

foreign official
institutions

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

demand deposits at
Federal Reserve
Banks
commercial banks

U.S. government deposits
note balances at
commercial
banks and thrift
institutions

total demand
deposits and
note balances

time and
savings deposits at
commercial banks

13.2
12.3

3.7
3.3

10.2
10.8

2.6
3.2

2-8
2.9

5-9
6.8

11.3
12.9

0. 9
0.8

JULY
A'JG.
S2PT.

12.3
11.7
11. b

3.4
3.3
2.9

11.0
11.1
11.5

2.9
2.4
2.9

3. 1
3.3
3.3

6.1
b-5
11.0

12- 1

0.7
0.8
0.8

OC'i .
NCV.
DEC.

11.9
12.5
12.7

3.0
3.4
3.7

11.6
11.5
11.5

2.8
2.5
2.8

3.2
3-0
2.7

9.7
4.1
6.3

15.8
11.7

0.8
0. 8
0.8

12.0
12.9
12-1

3.5
3.6
3.4

11.3
11.3
11.1

2.8
2.8
2.8

3.2
3.3
3.0

5.1
5.4
7.5

11. 1
11.4
13..3

0. H
0 ,!>
o-d

12.4
12.4

3.8
3.3

11.0
11.2

3.8
2.8

3-4
3.3

8.3
9.5

15.4
15.6

0.7
0.7

6
13
20
27

12.0
11.8
12.3
13.3

3.7
3.4
2.9
3.2

11.1
11.1
11.2
11.2

3.6
2.2
3.3
2.2

4.2
3.3
3. 1
2.8

14.3
13.0
8.0
6.9

22.1
18.5
14.4
12.0

0.7
0.8
0,7
0.7

3
10 P
1 7 P

12.8
12.6
13.6

3-5
3.8
3.4

11.3
11.2
11.2

3.1
2.3
4.7

3.0
2.6
3.2

3.4
5.0
6.4

9.5

10.0
14.4

0.8
0.7
0.8

i :• o I - J A a -

r i. 1 • ;I A i »
A :' t- .
,4 'n V

12.3
17-1
9.6

•

i 9 :.J 1 ~ '! A I




APPENDIX TABLE 1
MONEY STOCK MEASURES AND LIQUID ASSETS
BILLIONS OF DOLLARS
(NOT SEASONALLY ADJUSTED)

(SEASONALLY ADJUSTED)
1
M1-A
|
CUBRENCY
|
PLUS
|
DEMAND
|
DEPOSITS
|
AND
| TRAVELERS
|
CHECKS

1977

1979

1980

I
M2
| M-1B PLUS
| OVERNIGHI
I

BP"S

AND

| MMMF AND
| SAVINGS
| AND SMALL

M3
1
k
M-2 PLUS j M-3 PLUS
i OTHER
LARGE
I LIQUID
TIME
ASSETS
DEPOSITS

AND
TEEM

RP"S

|

DEPOSITS

I

1183.0

|

1195.5

i

1206.9

|
|

1218.2
1229.6
1237.7
1247.7
1258.3
1268.9
1277.0
1287.7
1296.4

1314.6
1327.7
1340.4
1352.0
1366.3
1378.4
1391.8
1406.5
1420.2
1432.3
1449.2
1462-5

I

1603-4
1618.9
1635.3
1653.2
1669.5
1686.1
1707.7
1722.7

314.9
306.1
309.3
319.5
312.6
318..4
322.9
320.8
324.2
328-3
331.7
340.1

1739.0
1754.5
1770.6
1789.5
1809.9
1824.2
1840.1
1858-8
1876.8
1889.-0
1915.4
1936.5

339.4
327.8
330.5
343.0
337.7
344-7
349.1
346.9
352.0
354.4
356.5
364.2

1636.1
|
1648.0 I
1660.7
j
1674.6 [
1686.5 I
1701-5
!
1714.9
1 731. 6
1751.2
j
1760.2
|
1765.5
|
1775.1

1953.2
1970.3
1991.1
2012.4
2033.7
2061-7
2079-0
2096-8
2121.1
2132.8
2140-6
2151.1

358.0
345.5
348.8
362.7
353,-4
362.1
367.9
365-8
369.2
371.5
373.8
382.5

1791.5
1811.0
1818.6
1816.9

2174.7
21S8.9
2210.4
2218.2

378.4
368.5
369.5
373.3

|
I
JUN... |
JUL... I
AUG... I
SEP... I
OCT...
NOV...
DEC...

317.0
317.5
319.1
321.3
322.6
324.9
327.5
329.5
331.4

314.2
316. 1
318.2
320.8
321.4
323.2
325.5
326.9
329-4
332.2
334.2
336.4

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

334.9
335.0
336.3
339.7
343.0
345.6
347. 1
348.8
352.1
352.8
354.0
354.8

339.9
340.2
341.5
345.2
348.7
351.3
352.9
354.8
358.2
359.0
361.6
364.2

1305.3
1312.4
1320.4
1328.6
1339.0
1345.8
1353.7
1364-1
1376.7
1384.3
1394.6
1404.2

1474.4
1485.7
1500.6
1514.6
1531-5
1541.3
1553.5
1569.1
1584.2
1592.7
1611.5
1625.7

JAN.,.
FEB...
MAR...
APE...
MAY...
JUN...,
JUL...
AUG.-.
SEP...|
OCT...
NOV...|
DEC...

353.8
353.4
355.4
359.4
359.0
363.0
365.9
367.5
369.1
369.7
371.2
372.7

364.8
365.9
368.9
374.5
374.5
378.5
382.2
384.5
386.4
387.2
388.7
390.5

1411.7
1420.5
1432.5
1446.5
1456.4
1470.2
1482.7
1495.3
1506.8
1510.8
1517.1
1525.2

JAN.-.
FEB
MAE..-. ,
APR...

374.4
377.2
376.5
370.1

392.7
396.9
396.7
391.0

1538.7
1553.4
1559.6
1553.6




I
|
|
|
|
i
|
|

L

CURRENCY
PLUS
DEMAND
DEPOSITS
AND
TRAVELERS
CHECKS

1542.3
1558.3
1572.8
1587.1

310.6
312.5
314.4

|

I

11

I
I
I
I

|
I

JAN,.. |
FEB...
MAR...
APR...
MAY...

1978

M1-B
M-1A PLUS
OTHER
CHECKABLE
DEPOSITS

I
I

j

i
|
|
|

|
,

M1-B

| M-1A PLUS
|
OTHER
| CHECKABLE
| DEPOSITS
I
|
|

318.4
309.7

I

313.1

|
|
|
|
|
|
|
|

323.4
316.4
322-5
327.1
325.1
328.8
333-0
336.5
345.1

|
J

|

|

344.5
332-9
335.8
348.4
343.3
350.4
354.9
352.9
358.1
360.6
364.1
373-6

1
*2 1 _ M3 _L
M-1B PLUS J M-2 PLUS | M-3 PLUS
LARGE | OTHER
| OVERNIGHT \
| LIQUID
TIME
| RP"S AND |
ASSETS
| MMMF
AND J DEPOSITS |
| SAVINGS [
AND
| AND SMALL { TERM RP»S I

L|

|
|
|
|
I

TIME
DEPOSITS
1184.4
1187.2
1204-3

|
|
|
|
|
|

1225-6
1227.2
1241-1
1253.7
1256.5
1266-6
1277.6
1284.5
1299.0

|
|
|
[
|
|
|
J
|

1317.2
1319.9
1338.2
1358.5
1363.5
1379.9
1395.9
1404.4
1417.5
1432.9
1446.8
1467.7

1307.6
1302.6
1316.6
1336.1
1335-0
1348.4
1360.1
1362.7
1375.8
1387.3
1392..9
1409.0

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

1478.5
1477.3
1498.0
1521.1
1526.9
1540.9
1557.0
1566.4
1582.2
1595.7
1611.7
1634.6

1413-6
1409-1
1427-1
1453.1
1450.6
1472.4
1488.6
1493.7
1505.. 8
1514-3
1516.1
1531.3

|
|
|
J
|
|
i
|
|
|
{
|

1640.3
1638.5
1657.3
1680.3
1680.0
1699.9
1717.6
1728.2
1748.7
1763.2
1766.7
1785.5

!
|
|
j
|
|
|
{
|
|
|
j

1955.9
1962.2
1989.8
2020.0
2030.4
2061.0
2080.2
2092.6
2117.6
2134.4
2139.9
2158.8

1541.3
1541.8
1554.2
1560.8

|
|
|
|

1796.6 i
1801.4 |
1815.4 |
1822.9 I

2177.7
2190.7
2210.0
2227.0

I

j

|
J
J
|
I

I

369.0
357.5
362.0

|
|

377.4

I

368-2
377.9
384.5
383.0
386.8
389-2
391.4
400.6

|
|
I
|
|
|
|
i

397.2
387.5
389.1
393.9

|
j

|
|
|
|
|
|
|
|
|
|

j
j
|
|
i
j
|
j

1544.7
1552.1
1572.3
1594.6
1601.9
1619.6
1637.9
1650.4
1666.0
1686.3
1704.8
1726.7
1742.5
1747.5
1769.9
1797.5
1807.3
1823.8
1842.4
1855.5
1873.8
1891.2
1914.6
1943.6

APPENDIX TABLE 2
COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS
SEASONALLY ADJUSTED, BILLIONS OF DOLLARS

CURRENCY

270.3
272.0
273.0
273.5
273.6
271.6
267.9
266.5
266.0
264.7
262.3
259.8

488.8
491.7
493.1
494.0
495. 1
492.6
487.7
486.3
486.4
484.2
480.8
475.5

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

171-6
172.2
173.0
173.6
174.5
176.3
178.1
179.8
182-4
184.4
186-1
189.2

285.5
287.6
290.4
293.4
296.8
303.0
311.2
317,3
323.5
329.5
336.8
344.2

212.6
210.6
209.2
207.5
206.7
206.1
205.9
205.5
203.9
199.8
195.9
193.7

255.4
252.1
250.2
247.4
244.
244.
243.
242.
238.
230.9
224.2
222.9

468.0
462.7
459.4
454.9
451.4
450. 1
449.3
447.5
442.3
430.6
420.1
416.5

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

193.7
195.5
197.8
202.1
206.2
210.3
214.1
218.9 |
223.6
228.9
237.0
|
241.1

352.- 8
360.4
366. 9
372. 4
377.0
380.6
384.0
387.9
394.4
401.9
408.7
411.6

i

546.5
555.9
564.7
574.6
583.3
591.0
598.1
60.6.8
618.0
630.8
645.8
652.7

192.1
189.4
184.3
177.6

220.5
217.0
211.7
204.4

412.6
406.4
396.0
381.9

|
I
J
|

414.6
418.6
424.3
431.8

|
i
|
|

660.4
669.2
683.5
702.2

3.6
3.7
3.8
3.9
3.9
4.1
4.2
4.4
' 4.6
4.7
4.8
5.0

242.5
242.0
242.5
245.3
247.6
249.4
250.3
251.3
253.7
253.7
254.0
253.9

3.1
3.1
3.2
3.2
3.3
3.3
3.3
3.4
3.4
3.4
3.5
3.5

5.1
5.2
5.3
5.5
5.6
5.8
5.9
6.0
6.1
6.3
7.6
9.4

21B.6
219.6
220. 1
220.5
221.5
220.9
219.8
219.8
220.4
219.5
218.5
215.6

98.
98,
99.6
100.3
101.0
101.9
102.7
103.7
104.6
105.2
105.6
106. 1

252.1
251.1
252.3
255.5
254.3
257.5
259.6
260.1
260.8
260.8
261.8
262.8

3.5
3.5
3.6
3-6
3.7
3.6
3.6
3.6
3.7
3.7
3.7
3.8

11.0
12.5
13.5
15.1
15.6
15.6
16.4
17.0
17-4
17.6
17.6
17.8

107.3
108.1
108.9
109.1

263.3
265.2
263.8
257.1

3.8
3.8
3.8
3.8

18-4
19.9
20.3
21.1

81.3
81.9
82-4
83.1
83.7
84.2
85.2
85.7
86.4
87.1
87.8
88.6

226.6
227.7
229.2
230.9
230.8
231.-9
233.1
233.9
235.5
237.3
238.6
239.7

1978 JAN.
FEB.
MAR.
APR.
MAY.
JUN.
JUL.
AUG.
SEP.
OCT.
NOV.
DEC.

89.2
89.9
90.7
91.2
92.2
92.9
93.4
94.1
95.0
95.7
96.5
97.4

1979 JAN.
FEB.
MAR.
APR.
MAY.
JUN.
JUL.
AUG.
SEP.
OCT.
NOV.
DEC.
1980




-1.

2.8
2.8
2.9
2.9
2.9
3.0
3.0
3.0
3.0
3.1
3.1
3.1

1977 JAN.
FEB.
MAR.
APR.
MAY.
JUN.
JUL.
AUG.
SEP.
OCT.
NOV.
DEC.

JAN.
FEB.
MAR.
APR.

453.8
458.8
461.9
465.6
468.3
469.3
471.8
475.4
478.2
480.3
483.9
486.5

i
SMALL TIME DEPOSI1S
AT
I
AT
i
|
TOTAL
THRIFT
ICOMMERCIALJ
INSTS.
i
BANKS
|
401.9
242.5
I
159.3
246- 1
|
406.7
|
160.6
|
412.0
249.6
|
162.5
253.0
I
417.2
j
164.2
|
166.1
I
423.0
257.0
|
429,. 0
J 167.7
261.3
|
434.1
265.5
I
168.6
269.6
J 168.9
I
438.5
273. 9
|
169.4
|
443.3
|
4 46,. 8
277.4
J 169.3
280-4
|
450.1
I
169.7
I
453.8
283.3
|
170.6

|
OTHER
1
DEMAND
|TRAVELERS |CHECKABLE
DEPOSITS
DEPOSITS | CHECKS

245.8
250-6
259.2
270.4

I
|
|

I
|
|
|
I
|

|
|
|
|
,
|

457.1
459.9
463.4
467.0
471.3
479.3
489.3
497,1
505.9
513.9
523.0
533.3

APPENDIX TABLE 3
COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
(BILLIONS OF DOLLARS, SEASONALLY ADJUSTED)

AT
1977

1978

1979

1980

JL
JAN...
FEB... |
MAR..• I
APR...
MAY... |
JUN...
JUL...
AUG... |
SEP...
OCT.-.
NOV...
DEC...

COMMEECIAL
BANKS
109.9
110.0
110.4
110.J
110.7
114.8
117.6
120.4
122.8
126.8
131.0
135.0

TOTAL
117.7
117.8
118.3
118.5
119.1
123.4
126.4
129.6
132.2
136.3
140.7
145.1

|
|

1

SHORT-TERM
TREASURY
SECURITIES

SAVINGS
BONDS

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

72,2
72.6
73.1
73.5
73.9
74.3
74.8
75.1
75.4
75.7
76.1
76.4
76.9
77.4
77.6
78.3
78.7
79.1
79.4
79.6
79.7
79.9
80.1
80.3

J

|

80.4
81.8
81.8
82.1
81,* 5
81.5
83.1
84.9
86. 1
87.5
89.3
90.1
91.3
91.7
91. 1
91.7
91.9
92.8
93.5
94.2
96.5
97.0
97.3
99.6

10.6
11.2
11.8
12.5
13.0
13.5
13.8
14.3
14.7
15. 1
15.6
16.1

148.7
152.2
158-0
163.6
169.0
173.6
177.1
180.8
183.5
183.9
190.8
194.0

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

180.5
182.3
181.8
180.2
179.3
178.2
178.1
180.8
186.3
190.5
189.7
189.4

16.8
17.7
18. 1
18.6
19.4
20.8
22.2
23.3
24.5
26.2
28.4
30.2

197.4
200.0
199.9
198.8
198.6
198.9
200.3
204.2
210.8
216.7
218.1
219.7

i
|
I
|
|
I
|
|
I
|
|
i

80.5
80.6
80.7
80.8
80.9
80.8
80.8
80.6
80.5
80.3
80.0
79.6

101.6
103.1
108.4
113.2
119.5
128.4
127.5
121.8
123.0
124. 6
126.5
129. 1

190.9
193.9
195.9
198.9

31.9
33.6
34.3
35.5

222.8
227.5
230.2
234.4

|
|
|
|

79.2
78.2
77.0
75.4

132.3
134.2
138.3
146.3

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

138.1
141.0
146.2
151.1
156.0
160.1
163.3
166.5
168.8
168.7
175.2
178.0

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




LARGE TIME DEPOSITS
I
AT
THRIFT
I INSTITUTIONS^
7.7
7.8
!
7.9
8.1
I
8.3
8.6
I
8.9
I
9.1
9.4
9.5
9.7
10.1
I
I

|

|

I

|

COMMERCIAL
PAPEB

BANKERS
ACCEPTANCES

L_

I

I

|

I

9.9
10.5
10.7
10.8
11.0
11.3
11.2
11.4
11.6
11.8
11.9
11.9
12.9
13.9
14.0
15.1
15.7
16.1
16.7
17.2
17.0
17.6
19.9
21.7
22.3
21.5
21.4
21.4
21.6
21.8
22.8
25.2
26.4
26.8
27.5
27-0
27.6
27.1
28.1
28.9

J

52.3
52.7
53.4
54.7
55-7
57.6
58.4
59.0
60.0
61.5
62.5
63.1

j

|

|

64.4
65.1
65.6
67.6
69.1
70.3
71.4
72.2
73.2
74.9
77.0
79.4
81.0
82.9
84.6
86.5
8 8.2
90.6
92.2
93.8
95.4
96.2
96.4
97.3
98.6
99.0
99.3
100.6




APPENDIX TABLE 4
COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
(BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED)
DEMAND DEPOSITS

AT
| CURRENCY

MEMBER
BANKS

|
|
|
|

1977

JAN... |
FEB.... |
MAR... |
APfi... |
MAY... |
JUN,... |
JUL... [
AUG... |
SEP... |
OCT... |
NOV... |
DEC... |

80.7
80.9
81.7
82.9
83.5
84.3
85.7
85.8
86.2
87.0
88.5
90.3

16070
153.6
155.1
160.8
154.7
157.7
159.4
158.0
159.5
161.9
162.2
167.3

|
|
|
|
|
|
|
|
|
|
|
!

1978

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

88.6
88.9
89.9
90.9
91.9
92.9
94.0
94.3
94.9
95.7
97.4
99.4

167.8
158.5
160.1
167. 1
162.7
165.8
168.0
166.3
168.1
169.1
167.8
171.5

|
|
|
|
|
|

JAN... I
FEB...
MA R« . .|
APfi... |
MAY..., |
JUN...
JUL...
AUG...
SEP...
OCT...
NOV...
DEC...

97.5
97.7
98.7
99.9
100.7
101.9
103.2
103.9
104.5
105.2
106.6
108.3

JAN...
FEB...
MAR...
APR...1

106.6
106.8
107.9
108.7

1979

1930

OTHER CHECKABLE DEPOSITS
AT
|
FOREIGN
| TRAVELERS |
kl
AT
|
AT
DOMESTIC
RELATED | CHECKS
THRIFT I
| COMMERCIAL|
TOTAL
I
BANKS
NONMEMBER
BANKING |
I
INST
BANKS
OFFICES |
|XN THE U.S.I
I
|
1.4
2.6
4.3
|
67.2
|
3.6
I
2.2
2.7
4.1
|
64.8
I
2.2
1
3.7
2.7
I.5
3.9
|
65.8
J
3.8
1
2.3
2.7
I.5
69.3
3.8
|
I
2.4
|
3.9
1.4
2.8
3.8
|
67.7
|
3.9
I
2.5
1.5
3.1
3.8
|
69.6
I
2.6
1
<*. 1
4.4
(
70.0
3.4
1.6
I
4.2
1
2.7
69.0
3.4
4.6
j
1.6
|
4.4
1
2.7
4.7
|
70.6
3.2
I
4.6
.7
I
2.8
3.1
4.9
|
71.5
I
4.7
i.8
I
2.9
3.0
|
1.8
4.9
|
73.1
|
4.8
I
3.0
4.4
|
2.9
75.3
I
1.9
I
5.0
3.1
75.5
72.8
73.2
77.0
75.4
77.9
78.7
78.0
80.4
81.3
83.0
84.8

4.5
4.7
4.3
4.9
4.5
4.8
4.6
4.5
5.0
4.9
4.9
5.2

|
|
|
J
|
J
|
|
|
|
|
J

2.9
3.0
3.0
3.0
3.1
3.4
3.8
3.8
3.6
3.5
3.3
3.3

168.5
159.1
160.4
168.5
161.1
165.9
169.1
167.2
167.9
169.0
169.5
175.3

83.3
80.5
81.2
86.0
83.1
85.2
86.2
85.3
87.3
87.8
88,. 5
90.3

|
|

5.4
4.9
5.1
4.8
5.0
5.4
5.3
5.3
5.6
5.7
5.7
5.2

|
|
|
|
|
|
|
|
|
\
|
|

3.3
3.3
3.4
3.4
3.5
3.8
4.0
4.1
3.9
3.8
3.6
3.5

173.9
165.4
164.9
168.6

88.9
86.6
86.5
86.9

\
|
|
|

5.5
6.1
6.5
5.4

|
|
|
|

3.6
3.6
3.6
3.6

|

J

i
I
|
I
I
J

1.9
1-9
2.0
2.1
2.0
2.1
2.1
2.2
2.3
2.3
3.6
5.3

|
|
|

6.8
7.7
8.8
10.1
10.1
11.0
11.7
12.1
12.5
12.5
12.4
12.8

|
|
|

13.4
13.6
13.9
14.7

i
|
|

I
|
I

|
|

3.2
3.2
3.3
3.4
3.6
3.7
3.8
3.8
3.9
4.0
4.0
4.1

1
|
I
I
|
|
I
|
|

5.1
5.2
5.3
5.5
5.6
5.8
5.9
6.0
6.1
6.3
7.6
9.4

|
|
J
|
|
|

4.2
4.3
4.5
4.6
4.8
4.9
5.0
5.1
5.2
5.3
5.3
5-4

\
|
|
|
|

11.1
12.0
13.3
14.8
14.9
15.9
16.7
17.2
17.7
17.7
17.7
18.2

|
|
|
|

5.5
5.6
5.8
6.0

j
|
|
|

18.8
19.1
19.7
20.7

|
I

|

|

APPENDIX TABLE 5
COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
(BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED)

_
1977

1978

1979

1980




I OVERNIGHT
| RP'S
| GROSS
_
_J |
12.5
JAN... |
12.9
FEB.... |
13.7
MAR... |
13.7
APR... |
15.9
MAY... I
JUN... I
15.2
15.4
JUL... |
16.4
AUG... I
SEP... |
16.7
16.4
OCT... |
18.0
NOV... I
17.9
DEC... |

1 OVERNIGHT I
|
|
RP'S |OVERNIGHT |
| EURODOLLAR|
|
NET
.L
L
— ——_ ,_JL
0.0 |
(
12.4 |
0.1 |
I
12.8 |
|
13.6 |
0.2 |
0.3 |
I
13.5 |
0.4 I
|
15.7 |
0.5 I
I
15.0 |
0-5 I
|
15.2 * |
0.6 |
|
16.2 |
0.7 |
|
16.5 |
0.8 1
I
16.2 J
0.9 I
|
17.7 |
I
1.0
|
17.6 I

MONEY
MARKET
MUTUAL
FUNDS
3.6
3.8
3.8
3.7
3.6
3.5
3.4
3.4
3.5
3.5
3.6
3.8

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

17.3
17.8
18.7
18.5
19.3
17.5
18.2
19.7
19.4
19.8
21.2
22.2

I
|
|
|
|
|
|
|
|
|
|

|
|
I
|
I
|

4.2
4.8
5.3
5.8
6.3
6.8

|

7.2
7.8
8.4
8.9

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

I
21.8
22.6
23.5
24.3
26.5
27.1
26.2 |
26.2
27.4
26.8
24.5
24. 1 {

21.2
21.9
23.1
23.9
25.9
26.4
25.5
25.4
26.3
25.4
22.6
21.8

|
|
|
1
|
j
|
|
|

2.8
2.8
2.8
2-9
3.0
3.3
3.6
3.5
3.2
3.6

JAN...|
FEB... |
MAR...I
APR.... |

25.4
26.7
25.2
21.9

23.1
24.3
22.9
19.5

|
|
|
|

4.4
3.5
3.4
2.5

|
|
|

17.0
17.5
18.5
18.2
19.0
17.2
17.9
19.3
19.0
19.5
20.9
21.9

1
1
|
|
I
|
|
I

1-1
1-1
1.2
1.3
1-4
1.5
1.6
1-7

1.7
I

1-8

|
AT
|
{COMMERCIAL |
L—BANKS
IL
|
203.4 I
|
206.0 |
|
209.7 |
|
212.6 I
|
213.3 I
|
213.5 I
|
214.7 I
|
215.1 |
|
215.0 I
|
215.9 |
I
215.7 I
|
215.8 I
I
|
|
|
|
|
I
I
|

1.9
2.0

9.4
10.3

2.3
2.6

12.1
14.5
16.8
19.2
21.8
24.6
28.0
31.2
33.7
36.9
40.4
43.6

|
|
|
|
j
|
I
{
|
|
|

49.1
56.7
60.9
60.4

||
|
|

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

J

SAVINGS DEPOSITS
|
AT
AT
|
AT
CREDIT
MSB M S |
S&LnS I
I UNIONS
i
74.0 | " 38.2
135.4 |
38.7
74.2 |
136.1 I
|
39.6
75.0
137.6
75.7 |
40.2
139.4 |
40.7
75.7 |
139.8 |
41.7
141.5 |
76.1 |
42.2
76.4 |
142.9 |
76.4 |
42.2
143.4 |
42.8
76 . 7 |
144.3 |
43.4
76.8 |
145.2 I
43.8
76.7 |
145.2 |
|
44.5
I
77.0
145.8

|

L

1OTAL

|

1

|
I
|
I
|
|
I
|
I
i
I
I

451.0 |
455.0 |
461.9 |
467.9 |
469.4 |
472./ |
476.1 |
477.1 {
478.8 |
481*3 |
461.5 |
483. 1 i

|
|
|
|
I
|
|
|

485.9
486.7
491.9
495. 1
495.0
495.4
492.5
489.2
488.8
487.2
479.3
472.6

211.5
208.7
208.6
208.1
206.5
206.7
207.6
206.7
204.5
201.4
195.1
192.3

|
|
|
|
|
|
|
|
|
|
|

134.8
132.0 i
132.1 I
131.1 |
129.8 |
130.9 |
132.0 |
131.3 |
129.3 |
124.7 |
119.4 |
117.9 |

69.5
68.0 |
67.8 j
67.1 |
66.5 j
66.7 |
66.6 |
65.9 |
64.9 |
62.9 |
60.6 |
59,. 8 j

48.8
48.1
48.6
48.3
47.5
47.9
47.9
47.1
46.7
45.5
44.0
43.9

|
j
|
|
|
|
|
|
J
|
|

464.6
456.9
457.1
454.7
450.2
452.1
454.0
450.9
445.4
434.4
419.1
413.9

J
|
|
|
|
|
|
|
J
|
J
|
1
1
|
J
|
J
|
|
|
|
|
|
|

191.1
187.3
183.4
177.9

|
|
|
|

116.3
113.3
110.9
106.6

58.9
57.4
56.2
54.2

43.3
42.6
42.9
42.7

|
|
|
1

409.6
400.7
393.3
381.4

|
|
|
I

217.7
218.1
220.1
221.8
222.0
222.0
221.5
220.7
220.6
220.6
217.4
214.1

|
|
I
I
|
|
I
|

146.0 I
146.0 |
147.6 |
148.2
147.9
147.8
146.3
144.9
144.5
143.4
140.2 |
137.7

77.1
77.0
77.5
77.6
77.4
76.9
75.8
74.9
74.6
73 i 8
72.3
71.1

|
|
|
|
|
|
|
|
|
|

45,. 1
45.6
46.7
47.5
47.8
48.6
48.9
48.7
49.1
49.5
49.4
49.7

|

i

|
|
|
I

|
|
|
I

APPENDIX TABLE 6
COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
(BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED)

|
AT
1
| COMMERCIAL|
|
BANKS |
1977

1978

JAN... |
FEB... I
MAR... |
APS... |
MAY... |
JUN...
JUL... |
AUG.,..
SEP...
OCT... |
NOV... I
DEC...

158.9
161.3
163.4
164.8
166.9
168.4
168.6
168.4
168.9
169.3
168.3
169.0

JAN,., |
FEB...
MAR...
APR...
MAY,..
JUN...
JUL...
AUG...
SEP...
OC1...
NOV...
DEC...

171.3
173.1
174.1
174.2
175.4
177.0
178.1
179.2
181.7
184.2
184.8
187.8

|
I
|
|
I
|
|

I

5MALL DENOMINATION TIME DEPOSITS
|
AT
|
AT
| MUTUAL J CREDIT
AT
|
SAVINGS I UNIONS
SSL M S |
1
BANKS
196.0 |
47.0 I
0.0 |
47.6 I
199.7 |
0.0 |
203.0 I
0.0 |
48.2 I
48.5 I
206.3 |
0.0 |
48.9 I
208.5 |
0.0 |
211.5 |
0.0 |
49.7 I
I
50.4 I
215.0
0.0 |
50.8 I
217.6 I
0.0 |
220.9
0.0 |
|
51.3 I
52.0 I
224.2 I
0.0 |
0.0
I
52.6 |
226.2
I
0.0
229.0
I
I
53.2
232.5
234.5
237.0
239.6
240.7
244.8
250.8
254.4
258.7
264.2
269.6
275.8

I
I
I
|

|
|
|
|

54.0
54.6
55.2
55.7
56.1
57.3
59.2
60.2
61.3
62.6
64.6
66.6

I
I
I

I

0.1
0.2
0.3

|

0.4
I
|
I
I
I
I
I

0.6
0.7
0.8
0.9

|

1.0

|

1.2
1.3
1-4

I

1OTAL
401.9
408.6
414.6
419.7
424.4
429.7
434.1
436.8
441.1
445.5
447.1
451.3
457.8
462.4
466.6
470.0
472.8
479.8
488.9
494.8
502.7
512.4
520.3
531.7

|
LARGE DENOMINATION TIME DEPOSITS
|
AT
|
AT
I
ICOMMERCIALJ
AT
I MUTUAL
|
TOTAL
S&L"S | SAVINGS
|
BANKS |
1
BANKS
6.8 I
|
111.3 |
0.8 I
118.9
6.8 1
118.4
|
110.8 |
0.8 jI
7.0 |
118.7
0.8 |
I
110.9 |
117.6
|
109.6 I
0.9
7.2 |
|
110.4 I
118.7
0.9 |
7.4 I
121.6
0.9
I
112.9
7.8 |
124.6
8.1
0.9 I
|
115.6 I
129.2
0.9
8.4 |
|
119.8 |
131.8
1.0
8.6 I
I
122.2 I
8.7
136.3
I
1.0
I
126.6 I
141.5
8.7
|
131.8 |
1.0
147.7
I
137.7
1.0
8.9
|
|
|
I
|
|
|
|
|
|

140.1
142.5
147.6
150.. 3
155*4
157^1
160.2
164.8
167.3
168.4
177.1
182.2

1.1

9.3
9.9
|
I

|

10.4
11.1
11-7
12.2
12.6
13.1
13.5
13.7
13.9
14.1

j

1. 1
I.2
1I.2

I

l»3
I-3
I.4
[

I.5
I.6
I.6
I.7

|

1.7

150.5
153.5
159.3
162.7
168-3
170*.6
174*.2
179.4
182.4
183.7
192.7
198.1

i

1979

JUN...|
JUL...|
AUG...|
SEP...|
OCT...|
NOV.... |
DEC...|

193.3
196.5
199.0
202.9
207.3
211.4
213.9
218.0
222.5
228.5
235.6
239.6

JAN...|
FEB...|
MAR...|
APR...|

245.3
251.8
260.8
271.4

JAN.-.
FEB...
MAR...1
APR...i
MAY...i

1980




|
|
|
|

283.3
289.1
294.3
298.3
299.2
301.1
302.9
304.0
307.9
314.4
319.5
322.4

|
|
|
|

69.0
70.8
72.2
73.2
73.4
73.6
73.9
74.2
75.3
77.0
78.5
79.5

|
|
|
|

325.7
329.1
333-8
339.3

|
I
|
|

80.4
81.3
82.8
84.9

|
|

I

|
|

|
|
|
j

|
|
|

7-9

J

8.7
9.5
9.8

|
|
|

547.4
558.8
568.6
578.5
584.9
591.7
596-9
603.3
613.5
628.5
643.1
651.4

10.2
10.5
10.9
11.2

|
|
|
|

661.5
672.7
688.3
706.9

1.8
2.4
3.0
4.0
5.0
5.6
6.3
7.1

|

j
|
|
i

183.1
184.5
184.0
179.^
178.6
174.2
174.6
178*5
184.3
189.7
192.2
194.2

|
5
|

193.8
196.4
198.7
198.1

|

|

1.8
1.9
2.0
2.1
2.2
2-3

|
|
|
|
|
I

14.8
15.5
15.9
16.3 |
17.1
18.6
20..1 ]
21.3 |
22.4 J
23.8 |
25.4 |
26.8 |

2.4
2.5
2.6
2.7
2.8
2.9

i
|
|
|
|
|

199.7
201.9
201.8
197.9
197.9
195.1
197. 1
202.3
209.3
216.2
220.5
223.9

|
|
|
|

28.4
29.9
30.6
31.6

3.1 j
3.2 (
3.3 J
:1.4 |

225*3
229.5
232.5
233.1

|

|
|
|
|




APPENDIX TABLE 7
COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
(BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED)
Ii
|
TERM
EURODOLLAR |

TERM RP»S

AT
1977

1978

1979

1980

COMMERCIAL
1
BANKS
12.0
JAN...
12.4
FEB...
MAR...
13.2
13.1
APR...
15.2
MAY...
14.6
JUN...
JUL...
14.8
15.7
AUG...
16.0
SEP...
15.7
OCT...
NOV...
17.2
17.2
DEC...
JAN...
FEB...
MAR...
APR...
MAY...
JUN...
JUL...
AUG...
SEP.,..
OCT...
NOV...
DEC...

16.6
17.1
18.0
17.8
18.5
16.8
17.5
18.9
18.6
19.0
20.4
21.4

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

21.0
21.7
22.6
23.4
25.4
26.0
25.1
25.1
26.3
25.6
23.5
23.7

JAN...
FEB...J
MAR...

23.6
23.6
22.1
22.3

APR...i

AT
I
I

THRIFT
INSTS.

1.9
I
I

1-9
2.1

2.2
2.4
|

2.7

|

2.8
|

3.0

3.1
I

|
|

3-3

3.5
3.8
3.9
4.0
|

4.2

4.6
5.0
5.1
I

5.2

|

5.3
5.4
|
I

5.6
5.8
6. 1

6.1
|
I
I
|

5.8
5.7
5.9
6. 1

6.4
6.8
7.0
7.3
7.0
6.7
6.6

|
|
|
|
|

6.5
6.6
|

6.7
6.6

I

|
|
|
|

j

|
|
|

13.0
13.1
13.5
14.0
15.0
15.7
16.0
16.2
16.2
17.2
18.7
18.7

|
|
|
|
I
|

19. 1
20.7
21.7
22.2
23.0
24.5
25.6
26.6
26.1
26.9
29.5
29.9

|

31.6
34.3
35.2
35.9
37.0
38.5
40.8
43.9
44.6
44.6
44.8
42.9
45.6
49.4
49.1
50.1

|

J

| SHORT1
I
I BANKER(IS ICOMMERCIALI
SAVINGS |
TERM
PAPER J
BONDS | TREASURY |ACCEPTANCE|
I SECURITIESI
80.7
72.2
1
52.1
|
I
9.5
72.6
82.4
i
53.3
J
|
10.7
73.0
1
53.7
|
|
10.8
83.1
73.4
1
54.7
J
83.1
|
10.8
J
56.1
|
73.8
|
11.1
82.3
|
57.6
|
11.4
80.7
74.3
|
58.3
|
74.7
11.3
81.7
75.1
I
58.4
|
|
11.6
84.6
75.4
86.1
I
58.9
|
11.8
87.4
11.9
I
61.2
|
75.8
|
88.4
11.7
76.2
I
63.1
|
11.4
89.3
76.6
I
63.1
|
77.0
77.4
77.6
78,2
78.6
79.0
79.3
79.6
79.8
80.1
80.4
80.6
80.6
80.6
80.6
80.6
80.6
80.6
80.6
80.6
80.6
80.5
80.3
80.0
79.2
78.2
76.8
75.1

|
|
j
|

|
|
I
|
I

91.0
91,9
92.3
93.2
93.4
92.8
92.5
94.3
96(.6
96.5
95.7
98.4
100.7
102.8
109.6
115.2
122.2
129.1
126.5
122.0
123.2
123.6
123.7
127.1

|

|
|
|
|

J
I
|
|

130.8
133.5
139.8
149.2

|
|
|
|

12.5
14.3
14.4
15.2
15.7
16.2
16.6
17.3
17.2
17.6
19.6
20.8
21.6
22.3
22.0
21.5
21.5
21.8
22.5
2 5,. 3
26.6
27.0
27.3
26.1
26.8
28.2
28.9
29.0

|
|
|
|
I
|
I
I
I
|
I
i
|
|
|
I

I
I

64.3
65.8
66.0
67.6
69.7
70.6
71.4
71.4
71.9
74.4
77.6
79.4

|
|
|
|
|
|
|
|
|
|
|
|

81.0
83.7
85.0
86.6
89.0
91.1
92.2
92.6
93.8
95.4
97.1
97.2

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

98.7
100.0
99.8
100.7

|
|
|
i

APPENDIX TABLE 8
MEMORANDA ITEMS
(BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED)
U.S. GOVERNMENT DEMAND DEPOSITS
TIME AND
NOTE
AT
SAVINGS
BALANCES
FEDERAL
FOREIGN
AT
(
DUE TO
FOREIGN
RESERVE | AT BANKS
COMMERCIAL
FOREIGN
COMMERCIAL
OFFICIAL
BANKS
j AND THRIFTS
BANKS
OFFICIAL |
INSTITUTIONS
BANKS
INST & BANKS,
I
I
L
J
12.0
|
3.9
|
8.1
2.8
|
0.0
7.9
|
JAN...|
11.4
|
0.0
10.7
|
8.0
4.2
|
2.2
|
FEB...I
0.0
8.5
|
4.3
|
8.0
MAE...|
11.2
|
2.3
|
0.0
7.4
|
5.4
11.2
|
2.4
APE...|
8.0
|
0.0
10.9
|
3.6
|
11.8
J
2.5
|
8.3
MAY...i
0-0
7.0
|
5.0
12.2
|
2.6
8.6
|
JUN...
3.6
|
11.8
|
0.0
8.9
2.8
|
9.1
JUL...|
0.0
|
6.0
{
3.4
|
11.3
2.6
|
8.9
|
AUG...j
0.0
2.7
6.9
|
10.9
|
8.8
5.0
SEP...|
3.7
|
11.2
|
0.0
6.7
|
2.7
|
8.8
|
OCT...|
11.5
|
3.5
|
0.0
2.4
j
2.6
9.1
|
NOV
|
0.0
5.6
i
11.6
10.2
3.1
DEC...|
5.1
I
DEMAND DEPOSITS

1977

1978

MAY
|
JUN...
JUL...|
AUG...
SEP...
OCT...
NOV.,..
DEC...

9.8
10.5
10.3
9.9
10.2
10.2
10.0
10.1
9.9
10.0
10.2
10.9

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

10.4
10.2
9.8
9.6
10.1
10.7
11.0
10.8
11.4
11.6
11.7
12.3

JAN...
FEB
MAR...
APR...

11.9
12.1
12.9
12.7

JAN...|
FEB...
MAR...
APR...i

1979

1980




|
|

I

I
I
I
I
|
|
j

DUE TO

3.0
2.8
2.7
2.9
2.6
2.5
2.6
2.6
2.6
2.7
2.6
2.8
2.6
2.7
2.7
2.9
3.1
3.3
3.1
2.9
2.7
2.5
3.2

|

|
|
|
|
|
I
|
|
|

3.4

I

3.5
3.3
3.2
3.8

i
I
I

11.8
12.1
12.1
11.7
11.4
11.3
10.9
10.9
11.2
11.2
11.8
11.6
.
11.6
11.0
10.9
10.5
10.0
9.9
9.9
9.8
9.8
9.2
8.8
9.9
9. 6
9.1
9.4
9.7

{
|
|

|
|

|
I
|
I
I
|

|

4.3

4.3
4.8
5.0
4.0
6.2
4,4
3.5
6.2
4.3
2.7
3.3
2.6
2.5
2.5
2.6
2.4
3.5
2.2
2.3
2.7
2.1
2.3
2.7
3.0
2.7
2.7
3.6

i

|
|
|
|

|

|

|

I
I

7.5
5.7
4.7
5. 2
6.4
7.5
10.6
9.9
11.0
15.0
8.2
4.0
3.4
3.5
3.1
2.8
3.3
3.3
3.3
3.0
3.9
3.3
3.0
3.0
3.1
3.4
2.7
2.6

|
|
|
|
|
|

|
|
|
I
I
|
I
|

TOTAL
11.8
14.9
12.8
12.8
14,5
12.0
12.5
9.5
11.8
10.4
6.0
10.8

I a.s. G O V T .
TIME AND
i
SAVINGS
DEPOSITS

|
|
|
|

I
I
I
I
1

0.7
0.7
0.7
0.7
0.7
0.8
0.8
0.8
0.9
0.9
0.9
0.9

|
|
|
|
i
|
(
|
|
1
|
|

1
1
I
1
I
I
I
I
1

0.9
0.8
0.9
0.9
1-0
i-o
1*0
1-0
1-0
0.9
0.9
0.9

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

1
1
1
j1

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.6
7.0

I
|
|
I

11.8
10.0
9.5
10.2
10.4
13.7
15.1
13.5
17.2
19.3
16.5
14.3

9.5
5.9
4.1
2.7
6.0
7.3
11.0
7.5
9.7
9.6
3.3
6.9

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

15.4
11.9
9.6
8.2
11.7
14.1
16.5
12.8
16.3
15.0
8.6
12.7

1

1.0
1.0
). 9
)-9
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1-0

9.6
9.0
5.1
5.4

|
|
|
|

15.8
15.1
10.5
11.6

1
1
1
1

0.9
0.9
0.9
0.9

APPENDIX TABLE 9
MONEY STOCK MEASURES AND COMPONENTS { B I L L I O N S OF DOLLARS)

WEEKLY

SEASONALLY ADJUSTED

|
1979

JAN
3...
JAN 1 0 . . .
JAN 1 7 . . ,
JAN 2 4 . . .
JAN 3 1 . . .
FEB
7...
FEB 1 4 . . .
FEB 2 1 . . .
FEB 2 8 . . .
MAR
7...
MAR 1 4 . . .
MAR 2 1 . . .
MAR 28
APR
4...
APR 11
APR 1 8 . . .
APR 2 5 . . .
MAY
2...
MAY
9
MAY 1 6 . . .
MAY 2 3 . . .
MAY 3 0 . . .
JUN
6...
JUN 13
JUN 2 0 . . .
JUN 2 7 . . .
JUL
4...
JUL 11
JUL 18
JUL 2 5 . . .
AUG 1 . . .
AUG
8...
AUG 1 5 . . .
AUG 2 2 . . .
AUG 2 9 . . .
SEP
5...
SEP 1 2 . . .
SEP 1 9 . . .
SEP 2 6 . . .
OCT
3...
OCT 1 0 . . .
OCT 17
OCT 24
OCT 3 1 . . .
NOV
7
NOV 14
NOV 2 1 . . .
NOV 28
DEC
5,..
DEC 1 2 . . .
DEC 1 9 . . .
DEC 2 6 . . .




L
|
|
I
|
|
|
I
|
|
|
|
|
|
|

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

M-1B

M-1A

CURRENCY

J
355.1
354.4
354.5
353.4
353.0
353.1
352.7
353.8
353.8
354.9
355.0
355.5
356.2
357.0
358.3
359.7
360.1
359.3
359.1
359.1
359.0
358.7
362.2
352.5
,>63.1
363.8
364.2
365.0
366.0
366.3
366.4
366.8
367.5
368.0
367.9
368.8
368.9
369.4
369.5
370.1
369.6
369.0
369.3
369.3
371.0
371.1
371.6
370.3
370.5
371.2
371.5
3 73.5

|
j
|
j
|
j
|
|
|
j
|
|
|
|
|
|
|
|
|
|
|
|

{

|
|

365.1
364.1
365.6
365.0
364.8
365.4
365.5
366.2
366.8
367.9
368.2
369.2
370.1
370.8
372.1
3 75.1
375.9
375.1
374.2
374.4
374.9
374.9
378.1
377.9
378.8
379.5
380.4
381.3
382.2
382.6
383.1
3 83.7
384.4
385.3
384.8
385.8
385.9
386.8
3 86.5
387.5
386.8
386.5
386.9
387.1
388.0
387.5
389.2
389.2
388.7
389.2
389.3
391.1

j

|
|

|

I
I
I
I
|
I
|

97.9
98.0
98.2
98.3
98.5
98.6
98.7
98.9
99.1
99.3
99.3
99.6
99.9
100.0
100.0
100.3
100.4
100.6
100.7
100.9
101.2
101.3
101.6
101.7
101.8
102.1
102.3
102.4
102.6
102.8
103.1
103.4
103.6
103.9
104.1
104.2
104.4
104.7
104.7
105.0
105.1
105.2
105.3
105.4
105.6
105.8
105.9
105.9
105.5
106.0
106.1
106.4

NOT SEASONALLY ADJUSTED

| DEMAND
| DEPOSITS
|

|
|
|
|
|

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

253.6
252.9
252.8
251.6
251.0
251.0
250.5
251.3
251.2
252.0
252.1
252.4
252.8
253.4
254.7
255.9
256.1
255.1
254.7
254.5
254.2
253.7
257.0
257.2
257.7
258.2
258.3
259.0
259.8
259.9
259.7
259.8
260.3
260.5
260.2
260.9
260.7
261.1
261.0
261.4
260.8
260.1
260.4
260.2
261.7
261.6
262.0
260.6
261.3
261.5
261.7
263.3

OTHER

|

CHECKABLE | |

t

M-1A

LDEPOSITS 1 n
375.3
1
10.1
||
366.8
I
9.7
||
1
11-2
| J 362.9
350.8
I
11-6
||
11.9
| i 344.3
12.3
| | 350.7
347.9
12.8
||
12.4
| | 344.0
I
13.1
| | 339.4
351.1
I
13.1
||
349.9
13.2
||
348.9
I
13.7
||
343.5
13.9
i|
13.9
| I 355.8
362.6
13.9
||
15.5
| | 369.2
|
15.9
J J 362.3
15.9
| i 357.8
15.2
1 I 355.3
15.4
| J 355.8
351.1
16.0
|I
349.4
16.2
||
363.7
15.9
||
15.4
||
364.2
15.8
||
362.2
15.7
||
357.6
367.2
16.3
1|
16.4
| | 371.9
16.3
| J 371.2
363.4
I
16.4
1|
16.8
| J 364.0
16.9
| | 367.5
369.0
I
16.9
||
365.7
17.3
||
I
17.0
| | 360.4
370.3
1
17.1
|i
I
17.1
| 1 372.5
I
17.5
| | 37 0.9
363.0
I
17.1
||
I
17.5
| J 370.9
I
17.3
| | 375.4
I
17.5
| J 374.0
I
17.7
| J 367.9
I
17.9
| | 366.8
1
17.0
| I 376.9
I
16.4
| | 375.0
I
17.6
| J 372.7
I
19.0
J | 36 8.4
376.7
I
18.3
I|
1
18.1
i I 379.2
I
17.8
| i 380.8
I
17.7
| | 382.7

M-1B

| CURRENCY

L
|

|

j

|
|

I
I
|
[
|
|

385.6
377.6
374.1
362.1
355.6
362.4
359.7
356.0
351.8
364.0
362.9
362.1
356.9
370.0
377.1
384.2
377.2
372.6
370-0
370.5
365.9
364.4
379.4
379.9
378.1
373.3
383.6
388.5
387.9
380.1
380.9
384.6
386.1
382.8
377.6
387.9
390.2
388.6
380.3
388.6
393.1
391.8
385.5
384.3
394.6
392.6
390.2
385.9
394.6
397.2
398.9
400.8

|
|

|
I

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

98.6
98.8
97.7
97.0
96.2
97.9
97-8
97.8
97.0
99.0
98.7
98.7
98.2
99.3
100.7
100.5
99.2
99.2
101.2
100.8
100.5
100.6
102.0
102.2
101.7
101.2
102.9
104.0
103.5
102.8
102-6
104.6
104.3
104.0
102.. 9
105.1
105..0
104,. 3
103.6
104.3
106.4
105.5
104.8
104.3
106.6
107.0
106.8
106.3
106.9
108.2
108.3
109.6

|
DEMAND | OTHER
|
| DEPOSITS |CHECKABLE )
|
I DEPOSITS |
|
273.4
I
10-3
|
|
10.8
|
|
264.7
11.2
|
| 261.9
11.3
|
|
250-6
11.4
J
|
244.7
11.7
|
249-5
11.9
|
|
246.7
|
242.8
12.1
|
12.4
|
| 239.1
13.0
|
|
248.7
j
13.1
1
|
247.8
246.8
13.3
|
| 241.9
13.5
|
|
253.1
14.2
|
258.5
14.6
I
265.3
15.1
|
259.7
14.9
|
255.1
14.8
j
250.6
j
14.7
J
14.7
|
| 251.4
247.0
14.9
J
245.1
15.0
1
15.7
|
i 258.0
258.3
j
15.8
\
256.6
I
16.0
J
252.5
15.8
I
260.4
|
16.4
J
263.9
|
16.6
|
263.7
16.8
|
256.5
{
16.8
I
257.3
17.0
I
258.8
j
17.2
|
260.5
17.2
|
| 257.6
J
17,2
i
253.4
17.3
|
I 261.2
17.7
|
I
263.6
17.8
|
262.6
|
17.8
|
17.4
|
i I 255.6
262.7
17.8
|
|
265,. 2
17.8
|
|
264.8
17.8
|
|
259.3
|
17.7
|
|
258.9
j
17.6
|
|
266.6
17.8
|
|
264.4
17.6
J
|
262.3
17.6
J
|
258.5
17.5
|
|
266.2
18.0
i
I
267.5
1 8. 0 J
|
269.0
18.1
I
I
269.6
18.2
|

APPENDIX TABLE 9
MONEY STOCK MEASURES AND COMPONENTS - WEEKLY
(BILLIONS OF DOLLARS)
NOT SEASONALLY ADJUSTED

SEASONALLY ADJUSTED

|

M-1A

|

374.0
374.5
373.9
373.9
374.7
376.5
377.1
378.7
376.3
376.7
377.4
376.7
376.3
375.3
373.4
370.3
367.8
365.9
370.5
370.0
371.2
370.3
372.7
372.6
374.0
374.1
374.3
375.1
376.8
376.5
376.8
382.8
382.2
382.9
383.6
385.1
385.8
387.0
387.3
387.0
389.2
390.0
390.4
390.6
391.6
392.4
392.1
392.0
390.3
389.0
389.0
386.4
383.7

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

J
1980

JAN
2...|
i
JAN
9
JAN 1 6 . . . I
J
JAN 23
JAN 3 0 . . . i
FEB
6... |
|
FEB 13
FEB 2 0 . . . |
FEB 2 7 . . . |
MAR
5... |
MAR 1 2 . . . |
MAR 1 9 . . . I
|
MAR 26
|
APR
2
APR
9...|
APR 1 6 . . . |
APR 2 3 . . . |
APR 3 0 . . . |
MAY
7... |
MAY 1 4 . . . I
MAY 2 1 . . . |
MAY 2 8 . . . |
JUN
4... I
JUN 1 1 . . . I
JUN 1 8 . . . |
JUN 2 5 . . . |
JUL
2... |
|
JUL
9
JUL 1 6 . . . I
JUL 2 3 . . . |
JUL 3 0 . . .
AUG
6... |
AUG 1 3 . . . I
AUG 2 0 . . . I
AUG 2 7 . . .
SEP
3... |
SEP 10
SEP 1 7 . . . I
SEP 2 4 . . , I
OCT 1 . . .
OCT
8... |
OCT 1 5 . . .
OCT 2 2 . . . I
OCT 2 9 . . .
NOV
5...J
NOV 1 2 . . .
NOV 1 9 . . .
NOV 2 6 . . .
DEC
3...
DEC 1 0 . . .
DEC 1 7 . . .
DEC 2 4 . . .
DEC 3 1 . . .




M-1B

I

|

|

j
|
|
|
|
|
|
|
|
|

391.6
392.3
392.1
392.3
393.2
395.9
396.7
397.9
397.0
397.8
397.8
397.1
396.4
395.0
393.0
390.7
390.1
387.7
391.2
390.7
391.7
392.1
393.8
393.7
395.3
395.6
396.2
397.3
398.7
399.4
400.8
406.0
405.8
406.8
408.2
409.4
410.7
412.5
412.6
413.4
415.1
415.9
416.7
417.5
419.1
420.2
419.8
420.2
418.2
416.9
416.7
414.2
41K4

I
OTHER
|
DEMAND
| CURRENCY | DEPOSITS |CHECKABLE
| DEPOSITS
1
|
106.7
|
263.5
1
17.7
|
263.5
|
107.2
I
17.9
I
262.8
I
18.3
| 107.3
I
262.6
I
18.5
I 107.5
I
263.2
1
18.5
| 107.8
|
264.9
I
19.5
| 107.8
I
265.3
1
19.8
I 108.0
|
266.7
|
19.4
I 108.2
I
264.1
|
20.8
| 108.4
I
264.3
I
21.2
I 108.5
|
264.8
I
20.5
| 108.8
I
263.9
I
20.5
I 108.9
|
263.5
|
20.2
| 109.0
|
262.5
I
19.8
| 109.0
|
260.5
I
19.7
| 109.0
|
257.9
I
20.5
! 108.6
|
254.7
I
22.4
| 109.2
I
252.5
I
21.8
| 109.6
|
256.8
|
20.8
| 109.9
|
256.2
|
20.8
I 110.0
|
257.0
I
20.5
| 110.4
|
255.6
I
21.9
I 110.9
|
257.9
|
21.2
| 110.9
|
21.2
|
258.1
I 110.8
259.1
I
21.5
I
111.1
|
21.6
258.9
| 111.4
258.9
|
22.0
I 111.6
259.6
|
22.3
| 111.7
261.0
22.1
112.0
260.3
I
23.1
112.3
24.1
260.2
112.7
265.8
|
23.4
113.1
265.1
23.7
| 113.1
265.7
|
24.0
113.3
266.1
|
24.7
113.6
267.4
|
24.5
113.7
268.4
25.0
113.4
269.2
25.7
113.8
269.3
25.5
114.0
268.7
26.6
114.3
|
26.1
114.6
| 270.6
271.1
26.1
114.9
{
26.4
115.1
| 271.3
27.0
115.4
| 271.2
27.6
j
115.4
j 272.1
27.9
|
115.6
| 272.8
|
27.8
|
115.6
| 272.5
|
28.3
115.7
| 272.2
28.0
|
116.0
| 270.2
|
28.1
|
116.0
| 268.8
|
27.8
116.1
| 268-8
28.0
|
|
116.2
| 266.0
|
27,9
116.8
| 262.7

|1
||
[
|1
|i
|I
|J
|i
|J
Ii
||
||
||
||
||
|J
||
|J
||
j|
||
||
||
|J
|I
|I
||
||
|J
||
JI
( |
||
||
||
JJ
|J
||
|I
|I
(|
||
||
|J
||
Ii
||
||
|I
||
||
||
IJ
||
J|
|I

M-1A

|

M-1B

391.6
389.2
382.9
372.4
365.1
373.6
371.2
369.1
36 0.8
370.4
372.9
371.0
364.0
370.8
378.6
378.8
373.1
361.7
368.0
365.7
364.3
360.1
370.1
374.3
376.2
368.5
374.3
382.6
382-7
375.9
372.4
385.9
383.0
380.7
375.4
383.9
389.7
393.0
381.6
382.5
39 4-4
395.5
390.6
386.2
396.0

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

|
j

397.8
394.6
389.8
396.5
397.3
39 9.3
396.3
396.4

|
|
|
|
|
|
|

410.1
408.2
401.9
391.0
383.7
392.6
390.3
388.2
379.9
389.7
392.5
390.5
383.6
390.6
399.0
399.7
394.1
381.9
387.9
385.6
384.4
380.3
390.8
395.6
397.9
390.3
396.2
405.4
405.8
399.1
395.7
409.9
407,. 2
405.0
399.9
408.8
415.4
418.9
407.5
408.2
421.0
422.1
417.3
412.9
423.8
426.1
422.4
417.2
424.7
425.9
427.5
424.2
424,5

|
DEMAND
|
OTHER
|
| CURRENCY | DEPOSITS | CHECKABLE J
L DEPOSITS 1

!
|
|
|
|
|
I
|
|

|
|

|

107.4

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

108.2
106.9
106.2
105.2
107.0
107.1
107.1
106.0
107,. 4
108.4
108.2
107.5
107.9
110.0
108.8
108.4
107.8
110.1
109.9
109.7
110.0
110.3
111.8
111.3
110.7
111.3
114.0
113.0
112.5
111.7
114.1
114.0
113.5
112.7
113.8
114.6
113.9
113.2
112.9
115.4
115.4
114.7
114.0
115.5
117.3
116.6
116.4
117.2
118.7
118.3
119.5
118.2

I
|
|

j

|
|
|
|
|
|
|
|

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

J

i

|
|
|
j
|
|
|
|
|
|
|

280.7
277.5
272.5
262.6
256.3
263.0
260.5
258.4
251.2
259.3
260.8

259.2
252.9
259.3
265.0
266.4
261.1
250.3
254.2
2 52. 1
250.9
246.4
255.9
258.6
260.9
253.7
258.9
264.3
265.4
259.0
256.3
267-4
264.6
262.8
258.4
265.8
270.8
274.8
264.2
265.4
274.9

276.0
271.9
268.2
276.5
276.6
274.1
269.5
275.4
274.8
277.1
272.9
274.3

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

|
I
1
|

|
j
j
j
|
|

|
|
j
|
|
J
|
j
|
|
|

18.6
19.1
19.0
18-7
18.7
19.1
19.2
19.* 2
19.2
19.5
19.7
19.7
19.7
19.9
20.5
21.0
21.2
20,-3
20.1
20,0
20.2
20.3
20.9

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

21.5
21.9
21.9
22.0
23.0
23.2
23.3
23.4
24.1
24.3
24.4
24,. 6

J
|
|
|
|
{
1
|
|
|
{
|

25.0
25.8
26.1
26.0
25.8
26.8
26.8
26.8
26.9
27.9
28.4
27.9
27.5
28.3
28.7
28.3
28.1
28.3

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

APPENDIX TABLE 9
MONEY STOCK MEASURES AND COMPONENTS - MEEKLY
(BILLIONS OF DOLLARS)
SEASONALLY

M-1B
1981

JAN 7 . . . 384.5
376.0
JAN 14...
373.5
JAN 21...
371.0
JAN 2 8 . . .
367.4
FEB 4...
367.4
FEB 11...
368.2
FEB 18...
365.8
FEB 25...
367.8
MAR 4...
366.4
MAR 11...
364.9
MAR 18...
363.9
MAR 2 5 . . .
366.7
APR
1...
367.5
APR
8...
365.1
APR 15...
367.2
APR 2 2 . . .
365.1
APR 29...




420.6
419.2
420.3
418.5
417.4
420.5
422.1
422.0
425.2
425.2
425.1
424.8
427.9
433.1
432.5
436.7
432.5

ADJUSTED

CURRENCY
116.6
116.5
116.6
116.6
116.7
116.8
117.4
117.6
117.5
117.4
117.7
118.0
118.4
118.4
118.5
119.3
119.2

NOT SEASONALLY
DEMAND
DEPOSITS
263.7
255.3
252.6
250.2
246.4
246.3
246.6
243.9
246.0
244.7
242.8
241.4
243.9
244.5
241.9
243.3
241.3

I OTHER
ICHECKABLE
1_DEPOSITS
|
36.3
1
43.4
|
47.0
1
47.7
1
50.3
1
53.3
1
54.1
|
56.4
J
57.6
1
58.9
|
60.4
|
61.2
1
61.4
1
65.9
1
67.7
|
69.8
1
67.7

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

M-1A
401.5
385-7
375.3
362.0
362.2
362.0
360.9
351.2
359.4
361.7
360.1
353.7
359.7
371.1
372.8
372.9
361.4

M-1B
"43972"
429.9
422.4
408.9
411.9
414.2
413.9
404.7
415.5
420.1
418.9
413.1
420.8
437.5
441.5
443.0
427.5

ADJUSTED

CURRENCY

116.3
115.4
114.1
115.0
116,4
116.4
115.0
116,0
117,3
117,0
116.6
116.7
119.1
119,0
118.5
117.2

J DEMAND |
CTHER
|
| DEPOSITS ICHECKABLE j
I DEPOSITS J
1
|
280.0
1
37.9 |
|
265.5
|
44.4 |
|
255.9
|
47,. 4
|
|
243.9
1
47.0 J
I 243.2
I
49.9 |
| 241.6
1
52.4 |
J 240.4
|
53.3
J
53.7
J
| 232.2
|
|
239.4
56.3
I
58.6
J
J 240,. 2
|
59.0
|
1 238.9
I 233.0
59.5
|
J 238.7
|
61.3
J
66.7
|
|
247.7
|
249.4
69.0
i
70.3
I
| 250.2
|
66.4
|
I 239.9
i




APPENDIX TABLE 10
OTHER MONEY STOCK COMPONENTS —
(BILLIONS Of DOLLARS)

I

1979

WEEKLY

COMMERCIAL BANK TIME & SAVINGS.DEPOSITS
NQT_SEASONA!iIf]L!D JUSTED
ADJUSTED
1L

SEASONALLY

|

SAVINGS

|
|

SMALL
TIME

I
|

LARGE
TIME

||
|

JAN
3... I
JAN 1 0 - . . |
JAN 1 7 . . . I
JAN 2 4 . . . |
JAN 3 1 . . . |
FEB
7... |
FEB 1 4 . . . |
FEB 2 1 . . . I
FEB 2 8 . . . |
MAR
7... |
MAR 1 4 . . . |
MAR 2 1 . . . |
MAR 2 8 . . . |
APR
4
|
APR 1 1 . . . |
APR 1 8 . . . I
APR 2 5 . . . |
MAY
2... I
MAY
9
|
MAY 1 6 . . .
MAY 2 3 . . . I
MAY 3 0 . . . |
JUN
6... I
JUN 1 3 . . . |
JUN 2 0 . . . |
JUN 2 7 . . . |
JUL
4... I
JUL 1 1 . . . |
JUL 1 8 . . . I
JUL 2 5 . . . |
AUG 1 . . . |
AUG
8...
AUG 1 5 . . .
AUG 2 2 . . .
AUG 2 9 . . .
SEP
5... I
SEP 1 2 . . .
SEP 1 9 . . .
SEP 2 6 . . .
OCT
3...
OCT 1 0 . . .
OCT 1 7 . . .
OCT 2 4 . • .
OCT 3 1 . . .
NOV
7...
NOV 1 4 . . . j
NOV 2 1 . . .
NOV 2 8 . . .
DEC
5...i
DEC 1 2 . . .
DEC 1 9 . . . |
DEC 2 6 .

214.2
213.1
212.2
211.7
211.4
210.8
210.5
210.1
209.7
209.3
209.2
208.8
208.6
208.2
208.0
207.3
207.3
207.1
207.1
206.7
206.4
206.3
206.2
206.2
205.9
206.0
205.9
206.1
206.0
205.9
205.6
205.6
205.7
205.5
205.2
204.9
204.9
204.0
203.0
201.9
201.1

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

192.4
192.9
193.7
194.1
194.6
194.9
195.4
195.7
196.1
196.6
197.1
197.9
198.9
200.0
201.1
202.1
203.0
204.0
204.9
205.7
206.8
207.7
208.9
209.8
210.9
211.2
211.6
213.0
214.0
215.1
216.2
217.4
217.9
219.6
220.5
221.2
222.7
223.6
224.8
22 5.8
226.5
227.9
230.2
232.5
235.2
236.4
237.6
237.9
239.5
240.7
241.4
241-8

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

178.6
179.3
180.4
181.6
182.0
181.2
182.0
182.6
183.3
182.5
182.4
181.4
181.1
180.9
181.1
180.1
179.8
179.7
179.6
179.5
179.4
179.1
177.8
177.6
177.8
178.9
179.6
178.2
177.5
177.5
178.9
180.1
180.2
180.5
182.0
183.6
184.3
186.6
188.0
189.2
190.3
190.8
190.7
190.5
189.7
190.0
189.3
189.5
190.2
189.7
189.2
169.3

||
|J
||
||
|I
|i
{ |
|i
i|
|I
1J
||
||
|I
|J
||
||
||
J|
||
||
||
|J
||
||
||
|I
||
||
||
||
|J
JI
|I
{ j
|I
||
|I
||
I|
ii
||
|J
|{
JI
iJ
J|
|J
«I
I t
I I
!!

200.3
199.2
197.6
196.4
196.2
196.0
195.3
194.4
194.3
194.3
194.3

|
|
|
|
|
I
|
|
|

,
|
|
|
|
i
|
|

|
I
|
|
|

|
|

SMALL
TIME

213-2 |
213.0 |
211.4 |
210.4 |
209.3 |
208.8 |
208.7 |
208.3 |
207.8 |
207.8 |
208.2 |
208.1 |
208.6 |
209.5 |
210.1 |
208.0 |
207.0
206.1 I
206.6 |
206.5
206-5 |
206.3 |
206.7 I
207.0 |
206.4 |
206.4 |
207.1 |
208.2 |
207.9 |
207.5 |
206.8 I
207.1 |
207.1 I
206.6 |
206.1
205.8 |
205.9
204.3 J
203.2
203.1
203.7 |
202.4
200.6

191.9
192.3
193.1
193.9
194.5
195.6
196.4
196.9
197.1
197.8
198.6
199.2
199.7
200.8
201.7
202.8
204.0
205.0
206.0
206.8
207.7
208.8
210.1
211.0
211.9
212.1
212.1
212.9
213.8
214.7
215.7
216.6
217.1
218.6
219.4
220.1
221.4
222.4
223.8
225.3
226.5
227.6
229.5
231.7
234.4
235.1
235.5
236.4
238.0
238.9
239.7
240.7

SAVINGS

198.1

195.8
195.6
195.0
194.4
193.5
193.6
192.1
191.9

|

|

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

I
I
|
|
|
j
|

j
|

LARGE
TIME
181.9
181.4
182.9
184.2
184.6
183.3
184.3
184.6
185.7
185.1
184.9
183.3
183-3
182.1
181.0
178.8
178.1
178.5
178.4
178.8
179.2
178.8
175.2
174.0
173.0
174.3
175.9
174.2
173.6
174.2
175.9
177.3
177.6
178.3
180.2
181.5
182.0
184.1
186.2
188.1
189.0
189.7
190-0
190.8
190.7
191.8
192.4
193.1
194.2
194.5
194.4
194.9

|
|I
| IOVERNIGHT [OVERNIGHT
|
EURO"S
RP«S
I|
1
I|
0,-0
21.1 I
|J
0.0
20.7 |
0.0
||
21.1
ji
0.0
21.9 I
1i
0.0
22.1 |
0.0
JJ
21.5
||
0.0
22.7 |
||
0.0
21.3 |
|J
0.0
22.4 I
||
0.0
21.8 I
||
0.0
22.9 |
|J
0.0
23.0 I
||
0.0
23.3 |
IJ
22.4
o,.o
J|
0.0
22.4 |
0*0
i|
23.4
||
0.0
24.7 |
0.0
|J
24.8
0.0
||
24.8
||
0..0
26.2
||
0.0
25.2 I
||
0.0
26.0 I
||
0.0
26.6 I
I|
0.0
26.6 |
||
0.0
25.7 I
J|
0.0
26-2 I
||
0.0
25.5 I
||
0.0
23.7 I
0.0
||
26.6
||
25.9 |
0.0
||
25.7 |
0.0
||
24.5 |
0.0
0.0
||
25.9
0.0
||
24.7
0.0
||
25.8
0.0
J|
26-3
0.0
1|
26.1
0.0
||
26.2
0.0
J|
26.. 9
0.0
J|
26.5
0.0
||
26.0
0.0
||
25.2
0.0
|J
24.7
0.0
JJ
24.9
0.0
|1
23.9 |
0.0
|J
22.3
0.0
||
21.9
0.0
|1
21.6 |
0.0
JJ
23.0
0.0
||
21.6
0.0
|i
21.6
0.0
||
21.6




APPENDIX TABLE 10
OTHER MONEY STOCK COMPONENTS —
(BILLIONS OF DOLLARS)

I

COMMERCIAL BANK TIME £ SAVINGS iDEPOSITS
SEASONALLY ADJUSTED
|1
. NOT_SE ASON A LL Y_ A D J U S TED

| SAVINGS

|
|
L
|
I
I
I
I
I
I
|
|
|

L
1980

JAN 2 . . . |
JAN 9 . . . |
JAN 1 6 . . . i

|

JAN 2 3 . . .

|
JAN 3 0
FEB
6 . . . |
FEB 1 3 . . . |
FEB 2 0 . . . |
FEB 2 7 . . . |
MAR
5... |
MAR 1 2 . . .
MAR 1 9 . . .
MAR 2 6 . . .
APR 2 . . .
APR 9 . . .
APR 1 6 . . .
APR 2 3
APR 3 0 . . .
MAY 7 . . .
MAY 1 4 . . .
MAY 2 1 . . .
MAY 2 8
JUN 4 . . .
JUN 1 1 . . . |
JUN 1 8 . . .
JUN 2 5 . . .
JUL
2
JUL
9
JUL 1 6 . . .
JUL 2 3 . . .
JUL 3 0 . . .
AUG 6 . . .
AUG 13
AUG 2 0 . . .
AUG 2 7 * . .
SEP
3
SEP 1 0 . . . j
SEP 1 7 . . .
SEP 2 4 . . . j
OCT 1 . . .
OCT 8 . . . |
OCT 1 5 . . . |
OCT 2 2
OCT 2 9 . . .
NOV
5
NOV 1 2 . . . |
NOV 1 9 . . . |
NOV 26
DEC 3 . . . |
DEC 1 0 . . . |
DEC 1 7 . . . J
DEC 24
DEC 31

|
j

WEEKLY

193.3
193.2
192.5
191.9
190.7
190.7
190.1
189.3
188.3
187.2
185.9
184.4
182.7
181. 1
179.2
177.6
176.4
176.1
176.3
176.5
177.0
177.5
178,3
179.5
180.3
181.5
182.6
184. 1
185.2
186.2
187.0
188.0
188.7
189.1
189.5
189.5
189.9
190.2
190.2
190.2
190,5
189.8
189.9
190.5
192.5
192.6
191.6
190.3
189.2
187.7
185.8
184.0
181.2

|
|
|

I

,
|

SMALL
TIME
241.9
243,4
245.6
246.9
247.8
248.4
249.4
250.5
252.6
254.3
257.0
259.2
261.8
264.2
267.9
270.3
271.8
272.7
273.0
273.6
274.0
273.9
273.6
273.5
273.2
273.3
273.3
273.1
273.0
272.9
272.8
212.9
273.2
273.6
273.9
274.1
274.7
275.1
275.5
275.6
275.6
277.5
278.5
279. 1
280.9
282.8
285.4
286.9
287.6
289.6
291.7
293.2
297.3

|
J
L
|
I
|
[
|
|
I
|
I
j
|
|
|
|
|
|
|

|

i
|
|

|
|
j
|
|

LARGE
TIME
189.0
189.6
190.8
190.6
191.2
192.6
193.2
193.6
193.6
194.7
195.1
195.7
196.7
197.2
197.8
199.0
199,3
200.0
200.1
200.2
199.3
198-5
197.6
197.8
197.3
195.1
193.2
191.2
190.4
191.0
190.6
189-3
190.9
191.8
192.2
192.8
193.8
193.8
194.3
195.3
195.7
196.6
196.5
197.9
198.7
201.1
202.5
205.4
206.7
208.6
210.8
214.3
218.9

j | SAVINGS
|
iJ.
||
192.2
193.2
JI
192.0
|j
190.7
|{
188.7
|J
188.4
||
188.0
I |
i i
187.2
186.3
|j
185*3
jj
184.6
|j
|{
183.2
182.1
ji
181-6
ij
180.9
|i
178.6
|2
||
176.0
175.1
||
175.5
||
176.0
|i
176.9
||
177.3
|J
|I
178.4
||
180.2
|I
180-9
181-8
||
183.4
|I
186.0
I|
jI
187.2
188-0
1|
188-3
|i
189.5
{ |
190.2
||
190.4
|{
190.7
|i
190.6
I |
191.3
|i
|I
191.1
190.7
J|
191.3
II
||
193-3
192.3
||
191.8
J|
191.5
||
|I
192.5
192.1
||
190.5
jJ
|J
189.4
188.3
JI
187.1
J|
184.8
|1
181.5
||
179.3
jI

|
|
L
|
I
|
I
!
|
|

|

j

j
|
|
|
j

SMALL
lld£

I
|
L
|
|
|
|

241.1
242.7
244.8
246.6
247.6
249.2
|
250.8
|
252.0
I
253.9
255.6
258.9
261.0
j
263.2 J
265.2
268.8
271.1
273.1
274.1
274.8
275.4
275.5
275-5
j
275.3
275.2 |
274.7
274.4
274.1
273.3
272.7
272.4
272.1
271.9
271.9
272.2
272.4
272.5
273.1
273,-6
274.3 |
274.7
275.0 |
277.3
211.9
278.3
279.6
281.1
j
283.2
284.5
j
285.5
|
287.4
I
289.3
292.1
296.1
j

LARGE
TIME
193.2
191-7
193.8
193.6
19 4 . 4
195.1
195.7
195.9
196-2
197.9
198.3
198.3
1*9.4
199-0
197.8
198.0
197.5
199.0
19S.0
199-6
199.0
198.2
194,8
.193.5
192.0
189.6
188.9
186-9
185-8
187.1
187.2
185.5
187-9
189.1
189-9
190.3
191.2
190.9
191.9
194.1
194.5
195.7
195.3
197-7
199.4
202.9
205.7
209.6
210-7
213.3
215-9
221-0
224.2

|
| JOVE£NIGHT
i2P«S
|I
1
20.4
|J
22.5
||
||
23.3
23.0
|\
23.9
||
23.7
||
23.1
I|
25-8
|J
24.4
||
22-5
j|
23.2
||
23.9
JJ
22.2
|J
21.9
JI
17.5
J|
19.8
|J
20.2
||
20.3
||
20-6
||
18.4
JJ
20.3
|J
21.4
|1
23.7
|I
20.4
|j
20.3
|i
24.3
i|
24,8
||
23.9
Ji
26-4
|I
27.5
i 1
26.1
J |
27.6
|i
25.3
||
27.5
||
29.0
|J
31.6
||
28.7
i|
28.7
J|
29.7
|I
28.8
J|
28.9
1|
25.9
|I
28.9
||
29-2
iJ
28.7
||
27-3
|I
30.1
|I
29.4
Ij
|I
25-7
||
29.8
|I
31.0
|J
27.1
J|
22.2

lOVEfiNlGiil j
I EURC'S |
L
I
I

I

I
I

j
j
j

j
I
|
j
|
|
|
|
|

|
,
|
|
I
i
|
|
|
|
|
|

4.2
4.4
4.4
4.4
4.3
3-3

J
|
j
|
|
I

2.9
|
3-8 J
3.8
|
3-9
|
3.3
|
3.3
|
3.0
|
3-4 J
2.4
|
2.4 J
2.0
|
2.6
|
2.4 J
2.4 J
2-7
|
3.1
i
3.1 J
2.5
i
2.8
|
2.9
|
3.5
|
3.5
|
3.3
|
3^
J
4.1
I
4.0 J
3-7 J
3.4
|
3.8
i
3.7
|
3.2
\
3.8 J
3.7
i
4.3
|
4.2
|
4.5
|
4.4
|
4.5
|
4.5
|
4.3
|
4.7
|
5.3
\
4.6
4-1

|
|

5.0
4.2
4.9

i
J
|




A P P E N D I X TABLE 10
OTHER MONET STOCK C O M P O N E N T S —
(BILLIONS O F DOLLABS)

I

COMMERCIAL BANK TIME & SAVINGS ]DEPOSITS
1
|
1
NOT SEASONALLY ADJUSTED
SEASONALLY ADJUSTE
i
1
J
SMALL
I
LARGE
| I OVERNIGHT lOVEfiNIGHT
LARGE | | SAVINGS I
SMALL
| SAVINGS
RP'S
I EURO'S
|
TIME
iI
|
TIftE
TIME
|1
I
TIME
!
1
L
I
223.9 | I
298.5
25.8 1
179.1 i
299.4
179.3
7.. .I
220.9 | |
5.2
300.7 I
28.8
225.1
|I
177.6 |
221.9 i |
14.-. |
301.7
177.9 |
1
5.0
224.3 J I
302.3 |
175.8 |
220.8 | |
176.7
1
5.1
28.6
|
302.9
21... j
|
304.1 |
228.2 |J
224.5 \ i
|
304.4
27.1
174.2
175.9
28 . • •I
I
5.2
305.9
173.0 I
227.0 J |
26.8 I
I
230.2 | |
175-0 i
4... |
305.3
5.2
230.6
|I
172.7 |
25.1
227.7 J |
|
305.7
307.2 |
I
4.6
174.6
11...
308.0 |
229.6
|j
174.1
25.5
172.2 |
|
306.1
I
5.2
226.8 | |
18... I
28.4
231.4 1 I
|
309.6
I
4. 9
171.2
228.5 | I
173.1 |
307.8
25... |
|
230.0 i |
226.4 | |
30.9 I
311.2
170.6 I
|
309.6
4.7
172.2
4...
I
227.8 | I
224.0 ( I
309.7
29.9
I
311.9
172.5
171.2
I
4.2
11... I
27.8
228.2 J J
313.1
171.0
225.2 | 1
310.9
18...
172.1
I
4.5
172.0
227.3 J J
224.3
||
311.5
4.2
313.2
171.3 |
26.6
25... I
172.4
224.0 { {
311.6
4.7
226.2 { I
312.9
29.5
172. 1
1...
221.8 | I
312.5
172.6
o • « .
174.2
221.5 | {
311.5
28.9
4.1
313.0
15...
29.7
222.1 J |
312.1 j
172. 1
4.5
221.1
|J
173.2 j
222.4 | |
220.5 | |
313.5
22...|
24.0
171.0
312.1 j
171.2
4.6
171.5 |
223.6 | 1
170.6 I
224.9 J |
312.3 |
29...j
5.2
314.0
34.2 1
I

1981

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAG
MAR
MAR
APR
APR
APR
APR
APR

WEEKLY

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




APPENDIX 1TABLE 11
COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
(BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED)

I
AT
i
1979

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAS
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
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC

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

[

MEMBER
BANKS
179.2
172.5
171.9
163.3
161.0
163.6
162.1
156.8
154.1
161.2
160.9
160.9
158.0
164.5
167.5
172.7
168.5
165.5
161.7
162.5
159.6
158.7
167.3
166.9
165.8
163.5
169.0
170.4
171.1
166.5
167.5
167.7
168.7
167.1
164.6
169. 1
169.1
168.9
164.8
169.6
169.6
169.6
167.1
167.4
172.8
170.1
168.4
166.0
172.6
172.6
174.2
176.1

I
|

j

|
|
|

I
|
|
|
|
|
i
|
|
|

t
DEMAND ])EPOSITS
I
AT
1
AT
I
AT
t FOREIGN |
DOMESTIC
COMMERCIAL
RELATED
I
BANKS
BANKING
NONMEMBER
BANKS
i OFFICES
JIN THE U.S.
I 273.4
I
|
6.7
87.5
264.7
86.5
I
5.8
261.9
5.4
84.6
| 250.6
i
6.0
81.3
I 244.7
I
4.7
79.0
| 249.5
|
4.7
81.2
246.7
|
4.7
79.9
81.1
I 242.8
i
4.9
79.8
| 239.1
5.2
| 248.7
|
5.0
82.5
\
247.8
|
5.4
81.5
80.8
246.8
|
I
5.2
79.1
241,9
I
4.8
]
83.3
253.1
I
5.3
|
4.7
|
258.5
86.3
88.4
265.3
|
4.2
259.7
86.0
|
5.1
84.5
255.1
|
1
5.1
84.0
250.6
i
4.9
I 251.4
j
83.9
I
5.0
82.3
24 7.0
|
5.1
81.5
|
5.0
| 245-1
258.0
|
85.4
|
5.4
5.4
258.3
|
85.9
5.4
85.5
256.6
83.7
5.3
252-5
|
86.1
260.4
I
5.3
88.3
263.9
j
5.2
263.7
|
87.3
5.2
5.4
84.6
I 256.5
|
84.3
257.3
|
5.6
85.9
|
5.2
j 258.8
86.3
260.5
|
5.6
i
85.1
257.6
|
I
5.4
|
253.4
|
83.8
[
5.0
86.6
5.5
|
261.2
j
89.2
263.6
|
5.3
88.1
262.6
j
t
5.6
I
85,1
255.6
5.7
87.1
262.7
|
6.0
89.3
6.4
j
265.2
|
89.6
I 264.8
I
5.7
86.6
| 259.3
I
5.7
|
5.4
86.0
I 258.9
I
I
5.5
88.3
|
I 266.6
88.8
| 264.4
[
5.6
I
|
I 262.3
88.3
|
5.6
| 258.5
86.6
|
5.9
I
88.0
|
I
5.6
! 266.2
|
267.5
89.7
I
|
5.1
I 269.0
89.8
I
I
5.1
| 269.6
89.0
|
4.5

OTHER CHECKABLES
i
|
i COMMERCIAL |
!
BANKS
i
i

AT
THRIFT
INST

AT

| TERM RP'S I

MONEY
MARKET
MUTUAL
FUNDS

I

AT

I

| COMMERCIAL]
|
BANKS
|

j

4.2
4.2
4.2
4.3
4.3

4.3
4.3
4.3
4,.4
4.4
4.5
4.5

I
I
I
I
|

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

j
j
|
I
|

0.0
0.0
0.0
0..0
0.0
O,.O

J
I
|
J
|
|

0.0
0.0
0.0
0.0

|
|
|
]

0.0

I

7.7

5.1

I

12.1

5.1
5.1
5.2
5.2
5.2
5.2
5.2

I
I
i
|
|
|
|

12.1
12.1
12.1
12.5
12.6
12.6
12.2
12.6
12.6
12.6
12.4
12.3
12.5
12.3
12.3
12.2
12.6
12.7
12.7
12.8

5.2

|

5.3
5.3
5.3
5.3
5.3
5.3
5.3
5.3
5.4
5.4

5.4

i
|
|
|
I
|
|
|

|
|
J
|
|
|
|
1
|
|
|
|
|
|
i
|
{
|
|
|
|
|
i
t
|
I
I
|
|
|
|
|
f
|
I
I

|
|

i
|
1
|
i
|
{
|
j

5.2

24.4
24.5
24.5
26.1
25.2
26.1
26.6
26.5
25.5
25.9
25.1
23.5
26.3
25.6
25.5
24.3
25.7
24.6
25.7
26.3
26.1
26.2
26.8
26.5
26.1
25.5
25.3
25.6
24.8
23.3
23.1
22-9
24.3
23.1
23.2
23.2

7.6

4.7
4.7
4.8
4.8
4.8
4.8
4.9
4.9
4.9
5.0
5.0
5.0
5.0
5.1

|

I
|
[
|
J
I
|
J
J
J
I

0.0
0.0

8.6

|

21.1
22.3
21.1
22.2
21.7
22.7
22.9
23.1
22.3
22-2
23.2

i
I

|

4.7

I
I
I
|
I
I
I
I
I

7.1
7.4

7.0

8*0
8.6

j

|
J
|
J
j

7.0

i

4.5

20.6
20.3
20.7
21.5
21.6

0.0
0.0
0.0
0.0

8.8
8.9
9.6
10.0
10.4
10.3
10.1
10.0
10.0
10.1
10.2
10.9
10.9
11.1
10.9
11.4
11.6
11.8
11.8
11.9

4.6
4.6
4.7

I
|
I
I
|

|
|
|
|

6.1

6.6

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

|

i
|
[
|
I

0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

I

|

]

I
1
J




APPENDIX TABLE 11
COMPONENTS OF HONEY STOCK MEASURES AND LIQUID ASSETS
(BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED)
I

DEMAND ]DEPOSITS
|
|
|

J
1980

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

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

AT
MEMBER
BANKS

_ _
182.6
179.4
176.3
169.8
166.8
169.8
167.9
165.4
159.7
164.9
166.3
165.2
162.1
167.9
171.7
171.8
168.9
160.7
163.4
162.3
161-2
156.6
164.3
166.4
168.3
163.6
167.5
167.7
169.6
166.6
165.5
171.9
169.7
170.0
166.7
170.3
173.5
177.7
170.3
171.4
177.1
177.4

174.3
173.4
177.4
176.9
175.7
173.4
176.7
176.3
178.6
174.9
176.7

I

i

|
AT
DOMESTIC i
NONMEMBER |
|
BANKS
J
UN
J
|
|
92.3
|
93.0
I
|
|
90.9
|
87.0
I
|
|
83.9
I
87.4
|
|
86.7
|
|
|
86.9
|
|
85.2
|
87.6
|
|
|
88.0
|
|
87.2
|
84.4
|
85.4
|
|
|
88.3
|
88.8
|
87.1
I
|
83.9
|
|
85.7
|
|
84.5
83.7
81.9
85.6
|
86.7
87.1
84.7
|
85.6
|
89.1
|
89.3
86.7
85.4
89.7
89.0
87.4
86.1
89.1
|
91.6
91.2
I
33.2
|
88.1
j
92.1
|
|
|
92.9
|
91.6
|
J
89.4
|
|
93.5
i
|
94.3
|
|
93.3
|
|
90.8
|
|
93.0
J
|
93.5
|
|
93.3
|
j
92.3
|
|
92.3
|
|
|

AT

I

I

I
I
AT
| COMMERCIAL I
I
!
BANKS

FOREIGN
RELATED
BANKING
OFFICES
THE U.S. 1
I
5.8
I
5.1
5.4
|
|
5.7
5.6
I
I
5.8
|
5.9
|
6.0
6.3
|
|
6.8
6.5
I
6.8
I.
I
6.5
6.0
|
5.0
|
|
5.8
I
5.1
|
5.6
|
5.2
5.3
|
I
6.0
|
5.8
|
6.0
|
5.5

5.5
5.4
5.8
7.4
6.6

5.7
5.5
5.8
5-8
5.4
5.6

|
|
|
|
I
|

6.4

5.7
6.0

5.7
5.9
5.7
5.7
6.0
5.4
5.6
5.3
5-1
5.2
5.7
5.0
5.2
5.6
5.3

j
|
|
|
|
|
|

280.7
277,5
272.5
262.6
256.3
263.0
260.5
258.4
251.2
259.3
260.8
259.2
252.9
259.3
265.0
266.4
261.1
250.3
254.2
252.1
250.9
246.4
255.9
258.6
260.9
253.7
258.9
264.3
265.4
259.0
256.3
267.4
264.6
262.8
258.4
265.8
270.8
274.8
264.2
265.4
274.9
276,0
271.9
268.2
276.5
276.6
274.1
269.5
275.4
274.8
277.1
272.9
274.3

I

AT
THRIFT
INST

[ , „.
|
5.4
|
5,4

I
J

5.5
5.5

|
|

5.5
5.6

I

5.6

|
I
|
|
|
I
I
I
i
|
|
|
|

5.6
5.7
5.7
5.8
5.8'
5.9
5,9
5.9
6.0
6.0
6.0
6,0
6.0

I

6.1

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

6.1
6.2
6.2
6.3
6.4
6,4
6.5
6.5
6.6
6,6
6.7
6.7
6.8
6.9

7.0

I
I
I
I
I
I
I
I

7.0
7.1
7.2
7.2
7.2
7.3
7.3
7.3

I
|

7.6
7.7
7.4

I

7,, 2

J

7.6

I
|

7.6
7.3

I
|
|
AT
I COMMERCIAL I
|
I
BANKS
j
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
L

|
j|
|
|
|

7,3
|

1

OTHER CHECKABLES

7.7

j

JIJ .J,

...

..

...

,1,. U L

,U

13.2
13.6
13.6
13.2
13.2
13.5
13.6
13.6
13.5
13.8
13.9
13.9
13.8
14.0
14.6
15.0
15.2
14.3
14.1
14.0
14.1
14.2
14.7
15,-2
15.6
15.6
15.6
16-5
16.7
16.8
16.8
17.4
17.6
17.6
17-7
18.1
18.8
18.9
18.9
16.6
19.. 5
19.5
19.5
19.5
20.3
20.8
20.5
20.3
20.7
21.1
21.0
20.8
20.6

1

TERM HP'S i
AT
|
COMMERCIALI
BANKS
1

MONEY
MARKET
MUTUAL
FUNDS

,

|
|
|
|
|
I
|
|
I
|
j
|
I
|
I
|
|
|
|
I
|
I
I
I
I
I
|
I
|
|
|
|
I
|
|
|
|
I
I
|
I
|
|
I
|
I
|
|
|
i
[
I
jI

0.0
0.0
0.0
0.0
0.0
55.2
56.9
58.1
59.9
60.6
60.8
61.3
61.1
60.5
60.5
60.0
60.4
60.7
63.0
65.3
67.6
69.2
71.2
72.8
74.2
75.6
76.9
78.2
79.2
79.9
80.7
81.3
81.5
81.0
80.0
78.8
78.5
78.3
78.1
77.3
77.5
77.1
77.1
77.6
77.5
77.3
77.0
76.5
76.6
76.6
76.3
75.3
74.6

t
I
I

I

I

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

I
|
|
1
J
|1

26.1
22.9
23.5
23.5
24.3
23.2
25.7
23.2
23.0
22.6
23.1
20.7
21.9
22.0
23.9
22.6

|
|
|
|
|
|
|
|
|
|
J
J
|
J
|
|

21.8

J

21.1
22.7
23.5
20.9
22.1
22.6
25.0
21.9
22.4
22.1
22.6
24.1
23.7
26.8
27.2
28.5
26.0
27.0
26.9
26.9
25.8
25.8
27.5
26.3
28,6

|
|
i
|
|
J
{
J
|
J
i
|
[
J
|
|
|
I
|
|
J
|
|
|
|

27.4 J
29.2
J
28.3 J
28,2
26.4
28,0
31.4
27.2
26.7
29.0
34.. 7

|
|
|
|
|
4
|
|




APPENDIX TABLE 11
COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS
(BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED)
DEMAND IDEPOSITS

AT
j
FOREIGN
|
AT
RELATED |
DOMESTIC
|
BANKING
NONMEMBER
| OFFICES
|
BANKS
L_
JLIN THE U.S.
|
|
5.6
93.7
|
|
5.5
|
89-0
|
|
5.4
88.1
|
5.9
83.3
3.8
|
84.0
|
|
4.9
83.5
5-9
83.6
|
80.9
j
4.9
5.5
82.5
|
83.0
j
5.2
82.4
5.4
|
5.1
80.5
!
5.3
81.8
j
j
85.9
!
|
5.1
I
4.9
i
87.1
|
|
86.9
I
4.2
j
5.2
|
83.6
|
|

L

i
I

AT
MEMBER
BANKS

I
1981

JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAR
MAR
MAR
APR
APR
APR
APR
APR

7... |
14...
21...
28...
4...
11...
18...
25
|
4...
11...|
18...
25...
1...I
8...
15...I
22... |
29...j

180.7
170.9

162.4
154.8
155.4
153.2
150.9
146.4
151.4
152.0
151.1
147.4
151.7
156.7
157.4
159.1
151.0

AT
COMMERCIAL|
BANKS

|

OTHER CHECKABLES

I

AT
THRIFT
INST

|
|
|
AT
| COMMERCIAL |
|
BANKS
|

MONEY
MARKET
MUTUAL
FUNDS

|

| TERM RP"S |
I
AT
|
| COMMERCIAL!
|
BANKS
|

|
280,0
265.5
255.9
243.9
243.2
241.6
240.4
232.2
239.4
240.2

8.8

I

9.2

|

9.3
8.7
9.8

|
|

238.9

J

233.0
238.7
247,7
24 9.4
250.2
239.9

|
|
{
J
|

10.0
10.2
10.0
10,7
11.1
11.1
11.1
11.6
12.8
13.1
13.3
12.6

I
|
I
I

29.1
35.2
38.0
38.4

|

40.2
42,4
43.1
43.7
45.6
47.5
47.9
48.5
49.8
53.9
55.9
57.0
53.8

|

j
|
|

|
I

76.0
78.7
81.7
|
83.9
86.8
89.8
92.2
95.7
98.0
101.2
104.9
| 109.1
i 112.3
115.7
| 117.3
| 117.5
| 118.4

I
I
I
1
I

30.7
29.2
31.2
32.7
31.6

|
|
|
|
|

|
1
|

31.6
30.7
28.9
27.8
28.6
27.7
27.8
29.0
26.9
26.8

|
|
|
|
|
|
|
|
|
|

32.8
27.1

|
J

j
J
j
|
|
|
i

APPENDIX TABLE 12
MEMORANDA ITEMS
(BILLIONS OF DOLLARS, NOT SEASONALLY

ADJUSTED)

| DEMAND DEPOSITS

DUE TO I TIME AND I
U.S. GOVERNMENT DEMAND DEPOSITS
|
SAVINGS
FOREIGN I
|
FOREIGN |
|
AT
!
AT
DUE TO
FEDERAL |
FOREIGN | COMMERCIAL |
| COMMERCIAL | OFFICIAL {
|
NOTE
)
BANKS
BANKS
OFFICIAL |
|INSTITUTIONS |
BALANCES
|
RESERVE |
IINST & BANKS I
|
BANKS
1979

JAN
JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAB
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
OCX
OCT
OCT
NOV
NOV
NOV
NOV
DEC
DEC
DEC
DEC




I

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

11.4
10.4
10.2
10.3
10.2
9.9
10.2
11.0
9.7
9.9
9.6
9.9
9-7
9.7
9.5
9.5
9.7
9.4
9.9
10.0
10.2
10.5
11.1
10.0
10.7
10.5
11.9
11.2
10.4
11.0
11.0
11.0
10.9
10.5
10.8
11.0
11.3
11.2
11.7
12.2
12.6
12.0
10.4
11.1
11.3
11.9
11.7
11.6
12.1
12.3
11.7
12.8

L

j
I
I
I
i
i
I
I
I
I
I
|
I
|
|
|

3.1
2.4
2.6
2.8
2.5
2.9
2.6
2.5
2.9
2.6
2.6
2.6
2.7
3.0
2.8
2.8

2.7
|
|

3.0
3.1

2.7
2.8
|

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

3.9

3.1
3.0
3.5
3.5
3.1
3.4
3.0
2.8
3.0
2.9

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

j

3.1
2.8
3.0

|

2.8
2.6
2.9
2.6
2.7
2.4
2.8
2.6
2.3
2.6
3-2
3.2
3.6
3.3
3.8
3.3
3.2

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

11.5
11.7
11.5
11.6
11.4
11.2
11.1
11.1
10.8
10.8
10.8
10.9
11.0
11.0
10.7
10.4
10.2
10.2
10.1
10.0
9.8
9.9
9.9
9.9
9.9
10.0
10.2
10.0
9.9
9.8
9.9
9.7
9.8
9.8
9.8
9.8
9.8
9.7
9.8
9.6
9.5
9.3
9.0
8.8
8.6
8.8
8.8
8.9
9.0
9.6
10.1
10.2

I

|
|
|
I
I
|
|
|
I
|
I

|
j
i
I
j
|
i
|
|
|
|
|
J
J
|
|
{
i
|
|
|
I
!
|
i
i
i
|
|
I

1

2.8
2.8
2.3
2.7
2.5
3.0
2.2
2.8
2.1
2.4
2.1

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

3.8
1.9
2.4
1.9
3.8
2.2
2.5
2.3
2.1
2.9
2.5
2.5
2.0
8.6
2.2
2.1
2.Q
2.5
2.0
2.0
3.2

I
|

19.4
12.9
11.9
16.0
19.4
15.3
10.4
10.7
11.2
10.4
6.2
12.8
10.5
7.0
5.1
8.1

3.2

8.6

3.5

11.1
15.2
9.4
8.8
11.6
12.1
8.9
5.2
8.0
8,2
4.5
4.3
8.6
17.3
14.5
7.3
8.5
10.4
10.2
3.8
2.2
2.5
4.6
2.8
2.0
4.7
12.9

20.8
16.8
20.7
15.9
14.6
16.7
17.1
14.8
10.7
13.5
13.0
9.8
10.5
16.4
24.2
22.0
12.2
13.7
16.0
15.4
9,7
7.0
8.4
9.tf
7.3
7.4
11.2
18. J

I

j

j

3.4
3.3
3.5
4.6

|
|
|
I
|
j
|
|
|
|
i
|

2.9
3.0
3.5
3.1
3.1
2.9
3.2
3.1
2.6
3.1
2.6
3.1

J

|
|
j
|

4.9
|
{
|
|
I
j
|
1
|
|
|
|

i
|
I
|
i
I
I
I
|
|
|
I
|
I

|

|
j
|
|
j
|
{
|
|
|
J
|
|
J
|
|
|
|
|
|
\
|
J
|
J
|
|

1.0
1.0
1.0
1.0
1.0
1.0
1.0
1-0
1.0
1.0
1.0
0.9
0.9
0.9

0,9

|
|

0.9
1.0
0.9
0.9
1.0
1.0
1.0
1.0

|

1.0
1.0

9.7
11.0
14.2
11. 1
11.8
10.8
6.9

8.7

2.7

2.6
1.9
2.2
2.2
2.1
2.7
2.0
2.7
2. 1
2.3
2.3
3.8
2.2

5.4
4,2
1.4
6. 1
5.6
1.9
0.8
2.3
3.8
5.0
7.7
5.8
6.0
5.4

I
|
|
I
|
i
|
I
|
|
|
I
|
|
|

2.0

3.4

3.0
3.2
3.0

4.3
2.4

4.4

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

L
i

3.5

j

t

_

12.7
7.0
6.2
9.8
13.4
8.6
5.0

|

3.4
3.6
3.3
3.2
3.1

1.9
2.9

|
I
I
|
J
|
J

2.4

2.6
2.3
1.8

1

3.9
3.1
3.3
3.4
3.5
3.7
3.1
3-5
3.7
3.8
2.7
2.9
3.1
2.7
2.5
2.1
3.6
3.4
4.1
3.2
3.0
2.9

TOTAL

| U.S. GOVI
! TIME AND
|
SAVINGS
|
DEPOSITS

I
|
|
|
I
{
|
|
i
|
|
|
|
|
|
|
|
I
I
|
|
\
j
i
|
1

1.0
1.0
0.9
1.0
1.0
1.0
1.0
1.0
1.0
1,0
1.0
1-0
1.0

uo

1.0
1.0
1.0
1.0
1.0
1.0
1,0
1.0
1.0
1.0
1.0
1.0




APPENDIX TABLE 12
MEMORANDA H E M S
(BILLIONS OF DOLLARS, NOT SEASONALLY
DEMAND DEPOSITS
FOREIGN
COMMERCIAL
BANKS

DOE TO

TIME AND
SAVINGS
DoE TO
|
FOREIGN
FOREIGN
! OFFICIAL
INSTITOTIONS
OFFICIAL
INST & BANKS
I

O^S. GOVERNMENT DEMAND

JAN 2...
JAN
9... |
JAN 16..,
JAN 23...
JAN 30...
FEB
6...
FEB 13...
FEB 20... |
FEB 27... |
MAE
5...
MAR 12...
I
MAR 19
MAR 26...
APR 2...
APR
9...
APE 16...
APR 23...
APR 30...
MAY
7
MAY 14...
MAY 21...
MAY 28...
JUN
4... I
JON 11...
JON 18...
JON 25...
JOL 2...
JOL
9...
JOL 16...
JOL 23...
JOL 30...
AOG
6...,
AOG 13...
AOG 20...
AOG 27...|
SEP 3...|
SEP 10...
SEP 17...|
SEP 24
OCT
1...(
OCI
8...|
OCT 15..,i
OCT 22
OCT 29...i
NOV 5 . . .
NOV 12
NOV 1 9 . . .
NOV 2 6 . . .
DEC 3
DEC 1 0 . . .
DEC 1 7 . . .
DEC 24...j
DEC 3 1 . . .

12.5
11.9
12.6
10.9
12.1
11.9
12.0
12.0
12.2
12.9
12.. 9
13.2
12.2
13.5
13. 1
12.4
12.0
12.8
13.0
12.7
13.6
13.9
12.3
12.7
11.9
12.4
12.3
12.9
12.4
11.9
12.2
11.5
11.2
11.5
12.0
12.3
11.3
11.5
11.6
11.7
11.7
12.5
11.8
11.6
12. 1
13.1
12.9
12.3
11.8
12.9
12. 1
13.0
13.2

3.2
3.4
|
I
|

3.6
3.6
3. /

|

3.5

I

I
I
I
|
I
I
I
I
I
|
I
I
I
{
I
|
I
I
I
I
I
I
I
I
|

3.4
3.3
3.0
3.3
2.9
3.0
3.4
3.3
3.7
3.8
3.3
4.7
4.2
3.7
3.7
3.4
3.4
3.2
3.1
3.2
3.8
3.4
3.5
3.0
3.8

I
I

3.1
3.3

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

3.4
3.3
3.3
3.3
2.7
2.5
2.9
2.9
3.1
2.9
2.7
3.9
3.5
3.0
3.2
3.8
3.5
3.2
3-8
4.3

I

I

AT

COMMERCIAL
BANKS

FEDERAL
RESERVE
BANKS

|
|
|

|

2.6

10.3
10.3
9.6
I

9.0
9.1
9.1

I

9.3
9.3
9.4
9.6
9.3
9.6

j
I
I
|

I

9.8
9.8
9.8
9.9
9.9

|

|

10.8
10.8
10.7
10.8
10.8
10.9
10.9
10.9
11.-0
11.0
11,1
11.1
11.0
11.1
11.1
11.4
11.5
11.6
11.6
11.6
11.6
11.7
11.7
11.6
11.5
11.5
11.4
11.3
11.4
11.4
11.6
11.6

2.7
3.4
2.7
3.2

L

j

J

3.3
3.1

{

3.0
3.0

2.7

3.7

2.7

2.7

2.3
4.1

2.9
2.5
3.2
2.2
2.3
1.3
3.4
3.8
2.4
2.8
3.0
2.6
3.9
2.9
2.0
3.2
3.1
3.1

2.2
2.1
2.9
3.8
4.0
|

3.1
2.4
2.9
2.2
|

2.4
5.2
2.9
2-0

4.2
2.3
2.9
2.5
2.9
2.1
3.1
2.1
2.0
2.9

I

J

|
|

{
j
j
j

|

O.S. GOVT.
TIM* AND
SAVINGS
DEPOSITS

2.7
3.3
3.6
3.8
2.7
I

3.0
3-1
4.3
3.3
3.3

|
|

3.2
2.3
3.1

3.5
|
|
[
|
|
|

2.9
2.8
2.2
2.8
2.3
3.3

12.6
7.1
6.0
10.3
14.2
10.3
7.6
8.4
10.2
7.3

-JL
|
|
|
|
{
|
|
|
|
I

3.1
2.0

|
|

8.3
8.5

7-0
7.2
2.1
1.8
6.2
11.1

{
I
|
i
|
|

12.4
11.5

|
|
|

4.-4

j
I
|
|
!
|

3-4
3.7
11.5
11. 1
5.8
4.4
6.2
7.0
4.5
3.8
6.0
9.6
9.9
5.2
7.3
15.1
17.6
12.0
6.8
9.2
10.1
8.2
2.1
1.9
5.5
4.1

I
|
I

3.5
11.2
10.2

I
I
|
|

3.2
|
|
|

I
]

8.3

{

TOTAL

NOTE
BALANCES

4.5
5.5
5.7

3.2

3-0
2.4
2.4
2.2
2.9
2.3
2.8
2.0
2.8
2.1
3.3
2.8
2.7

J

2.7
I

3.0

3.2
I
I
I
I
I
I
I
I
I
I

3.3

3.4
3.6

I

3.7
3.4

2.8

|

3.6
2.8

2.2
2.9

3.9

9.9
I
|

J

3.5

9.2
9.0

9.1

DEPOSITS

i
AT

I
1980

ADJUSTED)

|
|
{
|
I
:
I
|
|
i
|
|
I
|
I
i

|

_

13.6
18.9
13.8
9.7
11.5
10.5
11.1

0.9
1.0
0.9
0.9
0.9
0.9
0.9

|
I
i
|
|
*
J

j

0.9
0.9

I
i

i

0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.9
0.8
0.8
0.8
0.8
0.8
0-8

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

I

0.7
0.7
0.7

J
1
i

,i

0.8
0.8
0.8
0.8
0.8
0.8
O.d
0.8
0.8
0.8
0.8

{
J
i
I
I
J
J
|
|
j
J

1

0.8

|

i1
1
1
1
1
|
1
|
i
i

0.8
0.8
0.8
0-8
0.8
0.8
0.8
0.8
0.8
0.8

j
i
|
J
1
i
I
j
{
J

j
i

8.7
10.9
17.6
16.2
13.1
10.0
11.9
12.7
10.0

9.2
12.7
15.5
14.7
11.1
13.8
21.2
24.3
18.9
13.3
14.9

|
|
|

16-*

1.2

I

7.3
6.8

15.5
13.3
7.5
8.2
10.5
9.8
5.5
9.6
16.3

j

I

18.8
13.4
12.0
16.8
20.0
16.5
13.5
14.6
16.6
12.7

|
f
J
J

APPENDIX TABLE 12
MEMORANDA ITEMS
(BILLIONS OF DOLLARS, NOT SEASONALLY

ADJUSTED)

_ U.S. GOVERNMENT DEMAND DEPOSITS
DUE TO | TIME AND I
|
SAVINGS I
I
|
AT
I
FOREIGN
I
AT
I
DUE TO
FOREIGN
FEDERAL |
OFFICIAL
| COMMERCIAL
|
COMMERCIAL
|
FOREIGN
NOTE
|
BANKS
|
BANKS
BALANCES
RESERVE
OFFICIAL
INSTITUTIONS
i
I - BANKS
jINST S BANKS i
I
I
I
L____
—____——..
L
|_
|
3.0
|
2.9
7... I
11.9
4.7
I 11.5
3.5
i
11.7
14... |
4.0
I
2.3
3.4
I
3.1
|
|
11.3 '
i
|
3.1
|
11.2
12.5
5.2
I
3.1
3.6
21... I
3.5
2.7
|
11.3
28... I
5.7
3.2
12.2
4... I
|
3.3
|
11.3
11.3
7.7
3.2
3.7
14. 1
11...
i
4.0
3.9
2.5
11.3
3.3
11.4
18...
4. 1
13.6
|
3.8
2.8
I
3.0
25... I
3.4
|
12.6
|
6.3
2.7
11.3
3.3
4...
3.7
j
2.7
|
2.8
11.3
6.9
j|
11.0
12.4
|
11
3.0
j
3.9
2.5
3.3
11.0
18...
|
5.9
3.1
|
4.1
3.4
11.2
11.8
|
25... I
3.2
|
2.4
|
2.9
12.0
|
|
11.3
11.2
1... I
9.7
2.9
|
11.2
2.0
3.7
12.9
8...
11.0
11.8
3.7
3.6
7.2
j
2.9
|
15...
3.0
|
10.9
13.0
3.0
3.9
3.8
22...
4.0
|
11.0
4.0
3.8
12.5
9.3
29... I
3.5
|
11.0
12.5
3.9
4.0
12.6

I

i DEMAND DEPOSITS

1981




JAN
JAN
JAN
JAN
FEB
FEB
FEB
FEB
MAR
MAE
MAR
MAR
APR
APR
APR
APB
APR

TOTAL

10.6
9.4
11.4
11.9
14.1
10.4
9.6
12.3
12.3

9.5
13.1
16.8
14.6
13.8

9.9
17.2
19.9

i

| U.S. GOVT.
| TIME AND
|
SAVINGS
| DEPOSITS

- J1
1
1
1
1
1

1
]
J
|

0.8
0.8
0.8
0.8
0-8
0.8
0.8
0.8
0-8
0.8
0.8

I
J
J
|
|
|
1
I
|
|
|

0.8
0.8

J
I

0.8

j

0.8
0-7
0.7

|
J
J




Appendix Table 13
1981 Seasonal Factors--Monthly Average
Outstanding Travelers Checks of Nonbank Issuers

Month

Seasonal Factor

January

.940

February

,944

March

.945

April

.943

May

.959

June

1.042

July

U130

August

1.123

September

1.065

October

1.012

November

.959

December

.937