Full text of H.6 Money Stock Measures : May 31, 1967
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FEDERAL statistical **URE* RESERVE release t H 6 For immediate release May 31, 1967. *av 24 T I ^ T T A l l l a d j U S t f d m o n e y suPP!y l e a s e d slightly m the week ending y 4 f . ; *? t h V U t ^ S t f o u r w e e k s > m o n e y s"PPly averaged about $1.5 billion above the Pr Tlme d e i Z P ° s i t s C r e a s e d $400 million in the latest week, and thus far in May these deposits have averaged $1.6 billion higher than in April MONEY SUPPLY AND TIME DEPOSITS (Averages of daily figures, in billions of dollars) Seasonally adjusted Money Supply Period Total Currency Component 1966- -April May June July August September October November December 170 9 170.2 171.1 169.6 169.6 170.5 169.6 169.2 170.3 37.2 37.3 37.4 37.7 37.8 37 9 38.0 38.0 38.3 1967—January February March April p 169.6 170.4 172.8 172.1 38.5 38.7 38.9 39.0 173 4 173.0 171.6 170 8 172 4 172.5 174 7 174 8 38.9 39.1 39.1 39.0 Week ending: 1967—Apr. 5 12 19 26 Time deposits adjusted Demand depobit r (All commercial component banks) 133.7 151 4 132.9 153 0 133.7 153 7* 131.9 155 3 131.8 156 6 132.6 157 1 131 7 156 8 156 8 131.2 158 0 132.1 131.1 131.7 133.9 133.2 160 5 163.2 165.3 167.3 134.6 166 5 134.0 167 0 1 132 6 167.4 167 7 131 8 168 1 133.3 39 1 May 3p 39.1 133.3 168.6 | 10 p 135 6 169 2 ! 39 1 17 p 39.2 135.7 169 6 24 p 168.9 134.5 , 173.6 j 39.1 Average of last 4 weeks NOTE; Components may not add due to rounding. See reverse side for data without seasonal adjustments and for description of series. * - Break m 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.) Money Supply Period Total Currency component Demand deposit component Related deposits (All commercial banks) U*S. Gov't Time demand adjusted 1966—April May June July August September October November December 171.6 166.9 168.8 167.9 166.9 169.4 170.1 171.0 175.2 36.8 37.0 37.,3 ,8 % ,9 37.,9 38. ,1 38. ,5 39. 1 134.8 129.9 131.5 130.1 129.1 131*. 5 132.1 132.5 136.2 152. 153. 154.1* 155.8 157. 156. 156. 155. 156 3. 7. 6. 8. 5. 4. 4. 3. 3. 1967--January February March April p 174.6 170.0 171.3 173.1 38.4 38.3 38.5 38.6 136.2 131.7 132.8 134.5 160.0 163.3 166.1 168.2 4.2 5.1 4.9 4.8 5 12 19 26 172. 4 173. 4 174. 7 172 1 38. 38. 38. 38. 133.9 134.5 136.1 133.7 167.5 168.0 •168..1 168 3 4.9 3.9 3.6 6.1 3p 10 p 17 p 24 p 172 170. 171 168 38.5 39.1 39 0 38.8 133.7 131.6 132.2 130.1 168.9 169.4 170.0 170.6 6.7 7.8 6.7 6.6 Week ending 1967--Apr, May 3 7 2 9 ^Effective June 9, 1966, balances accumulated for payment of personal loans were reclassified for reserve purposes and are excluded from time deposits reported by member banks The estimated amount of such deposits at ail commercial banks ($1,140 million) is excluded frrm 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 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 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