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For immediate release
March 16, 1967
The seasonally adjusted money supply increased about $700 million in
the week ending March 8, to an average level of $171.9 billion. Time deposits
Adjusted increased about $800 million m the latest week to a level $1.3 billion
above the February average•

MONEY SUPPLY AND TIME DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

Period

component

Time deposits
adjusted
(All commerc i a l banks)

169.6
169.2
170.3

36.8
36.9
37.2
37.3
37.4
37.7
37.8
37.9
38.0
38.0
38.3

131.4
132.3
133.7
132.9
133.7
131,9
131.8
132 .6
131.7
131.2
132.1

148.5
149.5
151.4
153.0
153.7*
155.3
156.6
157.1
156.8
156.8
158.0

|

169.6
170.5

36.5
38.7

131.1
131.7

160.5
163.2

!

168.9 ,

38.4

130.5

38.5
38.6
38.8
38.8

130.2
130.9
131.3
133.2

161.0
162.0
162,5
163.0
163.5

38.8
38.9

132.4
133.0

[

Money Supply
Currency

Total

component
1966—February
March
Aprirl
May
June
July
August
September
October
November
December
1967—January
February p
Week ending:
1967-KJan* 25
6

168'.2
169.3

179.9
170.2
171.1
16^.6
169.6

170.5

1

Demand deposit

{

Feb.

Mar.

1
8 P
15 P
22 p

168.7
169.5
170.1
172.0

1 p
8 p

171.2
171.9

i

I

1

I

163.7
164.5

163.7
132.5
1 3g.8
;
Average of l a s t 4 weeks 1 171.3
NOTE: Components may not add due to rounding. See reverse side for data without
seasonal adjustments and for description^ series*
* Break in series* for description see footnote on reverse side,
p - Preliminary.



DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages of daily figures, in billions of dollars. Not seasonally adjusted.)

Related d e p o s i t s
(All commercial banks)
,
U.S. Gov't
Time
Currency
d e p o s i t adjusted
demand
component 1 Demand
component
j
131.4
36.4
148.7
36.6
131.3
150.2
4.6
36.8
134.8
152.2
3.1
37.0
129.9
153.9
7.2
37.3
131.5
!
154.1*
1
6.3
37.8
130.1
!
|
8.2
155.8
37.9
129.1
157.0
5.2
37.9
131.5
156.9
4.4
38.1
132.1
156.6
4.8
38.5
132 .5
155.6
i
3.7
39.1
136 .2
156.3
1
3.5
Money Supply

TS

_— J

Jl

Period

Total

1966--February
March
April
May
June
July
August
September
October
November
December

167.8
167.8
171.6
166.9
168.8
167.9
166.9
169.4
170.1
! 171.0
175.2

T3.

1967—January
February p

174.6
170.1

38.4
38.3

136 .2
131.7

160.0
163.3

Week ending:
1 9 6 7 — j a i l . 25

172.5

35.1

134.4

160.9

4.6

171.9
171.7 I
170.6 =
169.0

37.9
38.4
38.5
38.3

134.0
133.2
132.1
130.7

161.9
162.7
163.2
163.7

4.6
5.3
4.7
5.0

168.8
170.0

38.1
38.7

164.1
165.1

5.3
4.3

Feb.

1
8 p
15 P
22 p

Mar.

1 p
8P

|

130.7
131.3

!

4.2
!

5

-

1

Effective June 9, 1966, balances accumulated for payment of personal loans were
reclassified for reserve purposes and are excluded from time deposits reported bymember banks* The estimated amount of such deposits at all commercial banks ($1,140
million) is excluded from time deposits adjusted thereafter,,
p - Preliminary.
NOTE: Money supply consists of (1) demand deposits at all commercial banks, other
than those due to domestic commercial banksand 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 outside 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.