Full text of H.6 Money Stock Measures : May 9, 1968
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FEDER A statistical RESERVE release '•$%£&>£ H.6 For immediate release May 9, 1968. The s e a s o n a l l y adjusted money supply increased $1.3 b i l l i o n on average in ftpril. Since m i d - A p r i l , t h e money supply has declined t o about the average l e v e l reported Wee March. Total time and s a v i n g s d e p o s i t s increased $300 m i l l i o n in April, substantially l e a s than In the preceding two months. MONEY SWPLY AND TIME DEPOSITS (Averages of d a i l y f i g u r e s , in b i l l i o n s of d o l l a r s ) Seasonally adjusted j Period 1967—April May June Jwly August September >0ct«3>er November December 1968—January FebrwaryMarchi April p Money Supply J Total ! \ 172 r? 174,5 176.2 177.9 179-1 179.2 180.3 181.2 181.5 j 182.5 i 1 j { j Time deposits 1 D e m a n d deposit [ component Currency cotapoment ; 1 ®^ 183.4 184.7 ! adjusted (All banks commercial ) 39,1 39.2 39.3 39.5 39.6 39.8 39.9 40.0 40.4 133.6 135.3 136.8 138.4 139.6 139.5 140.3 141.2 141.1 168.1 170.0 172.4 174.6 177.2 17#.9 180.8 182.5 183.8 40.5 40.7 41.1 41.4 141.9 141.8 142.3 143.3 183.7 185.0 186.6 186.9 143.2 142.9 145.5 142.8 142.2 187.0 187.1 187.0 186.6 187.0 Week ending: 1968—Apr. May 3 10 17 p 24 p 184.4 184.3 187.0 184.1 ; 41.2 41.4 41.5 41.3 1 p 183.5 ! 41.3 ' I 1 Average of l a s t 4 weeki \ f 184.7 1 1 41.4 j 166,9 , 143.4 NOTE: Components may not add due t o rounding. See reverse s i d e for data without seasonal adjustments and for d e s c r i p t i o n of s e r i e s * p - Preliminary, DEMAH3 BEBOSITS, -CURBENCY, AND RELATED^ ITEMS (Averages of dailj^ figures, In billions of dollars. Not seasonally adjustedO Money Supply Period Total Currency component Demand deposit component 1967--April May June July August September October November December 173.6 171.1 174.3 175.8 175.9 178.4 180.6 182.5 187.2 38..7 38..9 39..3 3-9..6 39,.6 39.8 40.43 40.4 41.2 134.9 132.2 135.1 136 .2 136.2 138.6 140.6 142,1 146.© 1968—January February March April p 187.8 181.5 182.1 185.8 40.5 40.3 40.7 41.0 14-7.3 141.3 141^4144^8 183.1 184.6 189.7 185.7 40.7 41.4 41.3 40.8 183.9 40.7 Related d e p o s i t s (All comroercialbanks) U.S. Gov't Time demand adjusted 168.8 170,8 173 173 177 178 180 1*1 181.8 183.5 U8-5-S 4.8 6.5 3.9 5.6 4.3 5.0 6.2 5.2 5.0 4.9 7.2 6 •/ 187.6 4.2 142.4 143.3 148.4 144.9 187.9 187.9 187.6 187.2 5.2 3.7 2.8 4.9 143.2 187.7 5.6 Week ending: 1968—Apr. 3 10 17 24 May 1 p p - Preliminary, j NOTE: Money supply consists of (1) demand deposits at all commercial banks, other than those duel to domestic commercial' hanks and the U.S. Government, less caah items in process of collection and Federal Reserve float; (2) foreign demand balances at Federsi Reserve Banks.; and (3) currency outside the Treasury,xthe Federal Reserva and the vaults of si I commercial banks. Time deposits adjusted are time deposits at all commercial banks other than those due to domestic commercial hanks and the U.S. Government.